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EIGHTY-NINTH ANNUAL REPORT
OF THE

Comptroller of the Currency




1951

WASHINGTON : 1952

TREASURY DEPARTMENT
Document No. 3179
Comptroller of the Currency

For sale by the Superintendent of Documents, U. S. Government Printing Office
Washington 25, D. C. — 'Price $1.25 (cloth)




LETTER OF TRANSMITTAL

TREASURY DEPARTMENT,
OFFICE OF THE COMPTROLLER OF THE CURRENCY,

Washington, D. C, June 24, 1952.
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 1951.
Respectfully,
SIRS:

PRESTON DELANO,

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




HI

ANNUAL REPORT
OF THE

COMPTROLLER OF THE CURRENCY
During 1951, the national banking system adjusted its operations
to the degree necessary to accomodate the changing needs and
direction of the national economy. The inflationary pressures that
developed during the previous year abated in 1951, although an
enormous volume of capital was invested in further expansion of our
productive capacity, to a considerable extent designed for defense
production. The level of wholesale prices receded, while the retail
level—the cost of living—rose slightly, and probably would have
risen further if the American people had not chosen to save an
unprecedented volume of their income.
The shift of emphasis in national-bank activities from investment
in Federal Government securities to the furnishing of credit for American industry and commerce continued through the year, although
at a less rapid rate. At the end of the year, the 4,946 national banks
had total resources of $103 billion, which was slightly more than
50 percent of all banking resources in the hands of the Nation's
14,636 commercial and savings banks. Total deposits increased
almost $5 billion (from $89.5 billion to $94.4 billion). The greater
part of this rise was due to an increase of more than $3 billion—over
10 percent—in the volume of loans (from $29.3 billion to $32.4
billion), as contrasted with an increase of $5.3 billion, or 22 percent,
in 1950. Over 70 percent of this increase took place in commercial
and industrial loans, which rose more than 17 percent (from $13.4
billion to $15.7 billion), while real-estate loans increased moderately
and consumer loans remained steady at $4.4 billion.
Although the total volume of Federal Go vernment obligations held by
national banks at the end of 1951 was only slightly less than at the
end of the previous year ($35.2 billion as compared with $35.7 billion),
the relative importance of this item in the balance sheet and income
statement of the system continued to diminish. In addition, there
was a noteworthy change in the maturity pattern of national-bank
holdings of Government securities. Their total marketable bonds
decreased from $21.0 billion to $18.5 billion and note holdings from
$10.0 billion to $6.7 billion, while the aggregate of shorter-maturity
obligations (bills and certificates) registered an increase of almost
150 percent (from $3.5 billion to $8.7 billion).
The capital structure of the national banking system continued
its steady rise, increasing during the year from $6.3 bilJion to $6.7
billion. The negligible amount of national bank preferred stock still




2

REPORT OF THE COMPTROLLER OF THE CURRENCY

outstanding was further reduced, and at the year's end totalled only
$13 million, retirable value. Reserves against loans rose from $388
million to $470 million, and now constitute about lji percent of the
gross loans of the system. Needless to say, such reserves are notdistributed uniformly in proportion to the volume of loans in each
bank.
The total. capital structure of the system, combined with $470
million of reserves for bad debts, aggregated $7.1 billion at the end of
1951. When considered in relation to approximately $103 billion of
assets, less $65 billion of assets represented by cash or its equivalent,
United States Government securities, and loans guaranteed or insured
by Federal Government agencies, the national banking system held
$1 of capital funds and reserves for bad debts to protect the risk
involved in each $5.36 of its remaining loans, municipal and corporate
bonds, and other assets. The generally excellent condition of national
banks is disclosed by the fact that only $320 million of assets (largely
loans), or an amount less than the reserve for bad debts alone, were
classified as "substandard" or "doubtful" by national bank examiners
during their second round of examinations in 1951. Loans subject
to less important elements of credit weakness were "especially mentioned" in examination reports in the somewhat increased amount of
$805 million, or 11.2 percent of capital structure and reserves, but
normally only a small percentage of such loans retrogress to a point
necessitating substandard, doubtful, or loss classifications.
*

*

*

*

*

*

*

During the year 1951, 23 State banks were absorbed into the national
banking system; 10 by consolidation, 11 under contracts providing
for the purchase of assets and assumption of liabilities, and 2 by conversion. National banks absorbed into State banking systems during
the year numbered 22; 11 by consolidation and 11 under purchaseand-assumption contracts. Nine national banks were absorbed by
other national banks, and two were placed in voluntary liquidation
with no designated successor bank.
The trend toward mergers is continuing and perhaps increasing,
but equilibrium seems to be maintained with respect to the absorption
of State banks into national banks and vice versa. In studying the
individual cases involving consolidation or take-over under purchaseand-assumption agreements, and the reasons for the accelerated trend
in this direction, motivating factors appear to be higher operating
costs, lower profits from operations, difficulties incident to raising
additional capital funds, and the desire on the part of shareholders
to obtain for their stock an amount approximating its book value,
which frequently is not obtainable on the open market. Another
major factor influencing the increased trend toward mergers is the
inability or neglect to attract or train adequate operating personnel
for the higher executive levels. Still another influence appears to
be the desire of some of the banks to grow in size and thus acquire
increased prestige in their communities.
Applications for charters for new national banks numbered 30
during the year, 15 of which were approved. In connection with
applications for new charters a variety of factors must be considered
in each case, and their importance and impact vary greatly in diflerent



REPORT OF THE COMPTROLLER OF THE CURRENCY

6

communities. As an example, a small and economically poor community might not be able to provide support for even one bank because
of the inadequate volume of deposits and profitable credit outlets,
whereas a thriving and expanding community possessing considerable
wealth, although no larger in population, might need and could
amply support more than one bank. It is therefore the Comptroller's
policy to weigh all pertinent information developed in relation to each
individual application with a view to determining whether the needs
of the community, and the prospects of successful operation of the
proposed bank under the management selected, are such as to warrant
favorable action.
We recognize the desirability of competition wherever possible,
since we believe that sound and healthy competition between banks
redounds to the public welfare through increased adequacy of credit
facilities, fair rates of interest, and the prevention of undue concentration of monetary and economic power. Hence, in considering
applications for new banking offices in communities having only one
bank, we give considerable weight to this factor. In communities
where competition already exists, the factor is given somewhat less
weight, for excessive competition can result in such a weakening of
existing banking institutions as to bring consequences so injurious
to the welfare of the community as to outweigh any benefits to be
anticipated from increasing the intensity of competition in such cases.
On December 31, 1951, 356 national banks were operating a total
of 2,259 domestic branches and 8 seasonal agencies. A number of
applications to establish new branches were pending at the beginning
of 1951, and 218 applications were received during the year. Certificates authorizing the establishment of 153 new branches were
issued during 1951, and 54 applications were rejected. The remaining
applications either were still pending at the end of the year, or had
been abandoned.
The foregoing summarization of the salient changes in the national
banking structure during the year offers an appropriate occasion to
comment upon the adequacy of banking facilities in general throughout the country. Despite the fact that the number of commercial
banks today is only half the number a generation ago, it is believed
that as a result of shifts of population to urban areas, improved transportation facilities, and more efficient banking methods, there are
very few people in this country who do not have reasonably convenient access to banking facilities.
It is true that there are proportionately more bankless communities
in States which prohibit branch banking than in those States in which
branch systems are permissible. In this matter the Congress and
the State Legislatures are confronted with the same problem as is
encountered by bank supervisors-—that is, they must decide between
the relative advantages of encouraging independent local "unit"
banks, or permitting operation of the generally more economical
branches of a larger bank. It is obviously impossible to preserve the
full ad vantages of both arrangements, so a choice often must be made
between allowing a branch to be established (where legally permissible) or deciding that some small town must do without its own banking facilities. However, it should be emphasized that this problem



4

REPORT OF THE COMPTROLLER OF THE CURRENCY

is not a major one; almost all citizens find adequate banking facilities
reasonably accessible to them.
*
*
*
*
*
*
*
During the difficult period of the early 1930s, the sale of preferred
stock, chiefly to the Reconstruction Finance Corporation, served a
valuable purpose in strengthening the capital structure of the country V banking system. Prior to the Banking Act of 1933, national
banks were not empowered to issue preferred stock. Nevertheless,
by June 1935, more than 2,000 national banks (one-third of all
national banks) had outstanding over $500 million of preferred stock,
which constituted 17 percent of the total capital structure of the
system. Today, only 42 banks have preferred stock outstanding, and
the aggregate amount of such preferred stock is only a minor fraction
of 1 percent of the capital structure of the system.
As these figures indicate, preferred stock has been considered, and
has functioned, almost entirely as an emergency method of nationalbank financing. Within recent years, however, it has been suggested
with increasing frequency, in some quarters, that banks should be
authorized to issue preferred stock even in times like the present,
when no financial stringency exists. Accordingly, it is deemed appropriate to comment at some length on this subject, even though the
topic was covered briefly in the Comptroller's Annual Report for 1949.
During the year 1951 the shareholders of 190 national banks
located throughout the country acted to consummate programs involving the sale of new common stock yielding over $150 million for
addition to capital and surplus accounts. Apart from 11 banks that
entered the system during 1951, the total capital structures of 4,935
national banks increased more than $400 million to a total of $6,667
million at the year end. Slightly more than 36 percent of this increase
in capital structure was achieved through the sale of new common
stock. Moreover, these same banks added $88 million to their reserves for bad debts, so the over-all strengthening of capital structures
and reserves during 1951 amounted to more than $500 million.
In the course of the year, 293 national banks declared and paid
dividends payable in common stock aggregating $55 million, the
motives being, in the vast majority of instances, (1) to achieve a
sounder relationship between the capital account and gross capital
structure, and (2) to reduce the book value per share, and hence the ,
market value, to a more moderate level, thereby fostering a broader
market, and, to the extent permitted by dividend yield, a somewhat
narrower spread between market price and book value. It is almost
always true that the stock of a bank having a book value of several
hundred dollars per share and upwards has a relatively narrow market,
and is not likely to command as advantageous a market price in /relation to book value, as stock with a lower book value. Many of the
dividends paid in common stock during 1951 were for the express
purpose of reducing book values, thereby facilitating the sale of new
common stock at prices better calculated to attract the shareholders
and broaden the market for the shares.
The success achieved by 190 national banks in marketing new
common stock issues is at partial variance with the arguments of
those who contend that the only answer to a need for additional bank



REPORT OF THE COMPTROLLER OF THE CURRENCY

5

capital rests in the sale of preferred stock. However, recognition
must be given to the fact that should the Comptroller decide to
approve the sale of preferred stock by national banks, many of the
present problems relating to inadequate bank capitalization could be
solved with greater ease than is currently possible through the medium
of common stock. The issuance of preferred stock with a fixed dividend rate normally would not dilute the earnings value of the existing
common stock, nor would the factor of book value dilution in the
common stock arise through the frequent necessity of marketing new
common stock issues at prices below current book value. The net
earnings before dividends of some banks have receded to some extent
in relation to invested capital, and their managements are unwilling
to further impair the earnings return by selling additional common
stock, even though they would welcome a stronger capitalization in
relation to business volume.
This problem has received and will continue to receive serious study.
It is never feasible to attempt to arrive at an irrevocable decision on
a two-sided problem of this character, but up to the present the Comptroller has been unwilling to authorize the issuance of preferred stock
by national banks except as an emergency measure. While a change
in this policy admittedly would solve, in part, some present recapitalization problems, it is believed that certain other problems would ensue
through the issuance of preferred stock.
The Comptroller's main responsibility is to the depositors of national
banks, but he also has a definite responsibility to the shareholders.
The common stockholders would receive the advantage of nondiluted
and possibly enhanced earnings through the issuance of preferred
stock. As an offset to this, the increased weight of risk of an enlarged
volume of business predicated on the newly acquired preferred capital
would rest in the first instance on the common shareholders. The
new preferred capital would justify an enlarged volume of risk assets,
or more fully justify the existing volume of such assets, from the standpoint of depositor protection, but it must not be overlooked that the
full weight of the increased risk would bear first on the common stockholders. Over a period of time this would inevitably result in the
common stock of banks losing some and perhaps much of its present
high standing as a sound investment. The sale of preferred stock
would tend to become the general rule in bank recapitalization programs, and the sale of common stock much more difficult.
\ If preferred stock were to be approved as a medium of normal bank
capitalization, it is obvious the Comptroller would have to establish
sqund policies relative to the proportion of preferred stock that could
be issued by a bank in relation to its common capital stock or its
ov&r-all capital structure. Certainly it would be undesirable for a
bank to have a capital structure top-heavy with nonvoting (except
under certain conditions) preferred stock controlled by a thin layer
of common stock. It is true the Comptroller could control this situation in initial instances, but if a bank issued preferred stock in
reasonable proportion to its common stock and then by reason of
growth or asset losses found it necessary again to raise additional
capital, and this proved possible only through the issuance of more
preferred stock, the Comptroller might be forced to choose between
foregoing the additional capital protection needed by the bank's



6

REPORT OF THE COMPTROLLER OF THE CURRENCY

depositors, or permitting the bank's capital structure to become topheavy with preferred stock. Naturally, in such a situation the additional preferred capital would be approved, with the result that the
amounts of preferred stock issued by particular banks, over a period
of time, would be dictated more by exigencies than by the sound policies initially established by the Comptroller.
One additional point is worthy of mention. If banks were to use
the avenue of preferred stock for normal capital increases, it is easy
to imagine the problems that would arise when some of those banks
required emergency recapitalization. The two classes of stock
already outstanding could very well necessitate adding a third class
of stock outranking both the existing common and preferred stocks.
While it can be argued, with some justification, that achieving adequate capitalization now, assuming this is possible through the
medium of preferred stock, should reduce the number of possible
future emergency recapitalization cases, it is disturbing to contemplate the complications that would ensue from three classes of stock
with an almost infinite number of possible variations in preferences as
to dividends, retirement, voting rights, voluntary and involuntary
liquidation, and many others, which would give rise to conflicts of
interest between the several classes of shareholders.
The decision in this matter must be based in part on the nature and
the degree of urgency of the situation giving rise to the problem. In
this instance, the basic cause is the existence of banks that are undercapitalized to an extent that requires correction through sale of
additional capital stock.
A recent review of the reports of examination of all 4,946 national
banks discloses that fewer than 300 are definitely undercapitalized
when capital structure is studied in relation to (1) volume and character of assets involving some risk element, (2) volume of assets with
credit weaknesses that axe unwarranted or greater than normal, (3)
ability and general policies of management, (4) past record of losses,
(5) earning capacity, record of earnings retention in the past, and
prospects for future retention of earnings, and (6) economic stability
of the area in which the bank is located. In other words, about 5
percent of all national banks—for the most part relatively small
institutions—are considered definitely undercapitalized.
To be sure, there are additional national banks, falling within what
might be termed a border-line category, which could use additional
capital to advantage, a fact recognized oy both the bankers concerned
and the Comptroller's office, but the scope of definite undercapitalization is restricted, fortunately, to a small percentage of national banks.
That this is so reflects great credit on the directors and managers of the
726 national banks which recognized the need for additional capital
and consummated 860 capital increase programs during the 6^-year
period ending December 31, 1951.
While it is not intended to minimize the importance of definite
undercapitalization, because 300 undercapitalized banks are 300 too
many, it is nevertheless true that the record of corrections effected
during recent years through the sale of common stock is persuasive
evidence that such situations can be dealt with successfully without
recourse to the issuance of preferred stock.



REPORT OF THE COMPTROLLER OF THE CURRENCY

During 1951, a joint committee of Congress began an extensive
study of the role of monetary policy and public debt management
in achieving price stability and high-level employment. Participation
in this study provided the occasion for reexamination of the manner
in which our Bureau can contribute to the achievement of these
objectives.
The Employment Act of 1946 declares it to be the policy of the
Federal Government to utilize all its functions and resources to
promote maximum employment, production, and purchasing power.
In the formulation of its own policies and procedures, our Bureau
has always borne in mind that it was created, and its functions
assigned, for the purpose of advancing the general economic welfare
of the people of the United States.
One aspect of this problem which has confronted the Bureau in
recent years is whether bank examination should serve as an active
direct tool in governmental programs intended to level off the peaks
and valleys of economic cycles. It is our firm conviction that use
of bank examination in this manner would pervert its true function
and ultimately would be more harmful than beneficial.
Experience has demonstrated that comments, criticisms, and suggestions in the course of examinations, in examination reports, and
in our communications to banks are perhaps the most effective
influence our office can bring to bear in keeping banks on a desirable
course or persuading them to abandon unsound policies. These
beneficial effects of the examination process would be lost, to
a considerable extent, if bankers' confidence in the trustworthiness
of reports of examination were shaken, as it would be when they
learned that examiners were forming their judgments not on the
basis of existing conditions and facts, but rather with the deliberate
purpose of affecting future conditions by encouraging banks to adopt
generous or restrictive credit policies in accordance with the current
economic program of the Federal Government.
It has been our conviction that the Bureau can make its greatest
contribution to the general welfare, as well as to " maximum employment, production, and purchasing power," by concentrating its efforts
upon the maintenance of a system of sound and well-managed banks,
adequate in number, location, and resources to satisfy the Nation's
\needs for the services they perform. This attitude has been reexamined, during the past 5 years, in the light of the Congressional
declaration of policy in the Employment Act of 1946, and our decision
ha& been that the underlying purpose of that act and its declaration
of p>olicy would be best served by this office through a continuation
of otir traditional approach. In other words, our efforts are directed
towatd the improvement and maintenance of a great and powerful
machine in good condition, but we believe that, over the long run
and iiithe broadest sense, we would injure rather than advance the
generau welfare if we attempted to dictate also the details of the
operation of this machine.




8

REPORT OF THE COMPTROLLER OF THE CURRENCY

It is desirable to mention one current-day banking problem which
is far from serious in its scope at the present time but which may
become more important in the future. During recent years many
banks have established employee pension fund trusts. In some instances, the bank's trust department acts as trustee under a pension
fund agreement; in others, pension fund management and administration are in the hands of individual trustees who are appointed, usually
on an annual basis, by the bank's board of directors. Kegardless of
the method employed, for all practical purposes the pension fund management ordinarily rests in the hands of the bank's board of directors.
The Comptroller's office is a strong advocate of retirement-pension
plans for bank officers and employees, but some dark spots are beginning to develop. A few instances have arisen involving what might
be regarded as an unwise use of the funds held in employee pension
trusts, and as such funds continue to grow, this pattern may widen and
become more serious. For example, in one or two cases an institution
has sold its banking house (which is not suitable for any other use) to
its pension fund on a contract basis. Such a pension fund, over a
period of years, will end up with a banking house as its major asset,
the basic value depending almost entirely on the continued use of the
building by the bank—and the continued existence of the bank.
Pension-trust funds are being used in more than a few instances to
purchase the bank's own stock as an investment. The bank directors
in most cases indirectly control the pension trust and hence—through
stock of the bank held in such trusts—will see the day arrive when
they can perpetuate themselves in office through directing the vote of
the stock. Such a development would be patently undesirable. Furthermore, when such banks need to raise additional capital, a large
block of shares held in a pension trust without funds to purchase its
proportionate part of the new issue would make it difficult to carry
out successfully the recapitalization program.
It is believed that bank management must, in every instance, eliminate all selfish motives from the investment policies of employee pension funds. The basic criterion should be the interest and welfare of
the officers and employees who properly expect to benefit upon retirement from the income derived from investments made by the trustees.
Certainly, the purchase of parking lots for the use of the bank, or the
purchase of special-purpose bank buildings, has no place in a sound
pension-trust investment program. Likewise, for the reasons already
stated, investment of pension funds in the bank's own stock is almost
never justifiable.
Up to the present, occurrences of this type have been comparatively
rare, but if it becomes necessary the Comptroller will recommend
appropriate corrective legislation.
*
*
*
*
*
*
*
Several legislative proposals directly relating to the national banking system were introduced into Congress during 1951, although none




REPORT OF THE COMPTROLLER OF THE CURRENCY

9

was enacted into law. Among these was S. 2128, providing for merger
of national banks, or State and national banks, with the approval of
the Comptroller, under an arrangement whereby cash "payoff" would
be available only to dissenting shareholders of the absorbed bank,
which is ordinarily the smaller. Another bill, S. 2252, was designed
to achieve more equitable operation of the "two-way-street" law
enacted in 1950, which provided for conversion of national banks into,
and consolidation of national banks with, State banks, under State
charter.
During the second session of the Eighty-second Congress, a bill
has been introduced (S. 2938) which would eliminate the provision
of section 5155 of the Revised Statutes (12 U. S. C. 36) that a national bank may not establish a branch beyond the limits of the place
in which it is located unless it has a capital stock of at least $500,000
(except that lesser minimums are applicable in certain States witH
population of less than one million). The proposed legislation is
in accord with our experience that the specified minimum capital
requirement is excessive in some cases, and prevents the establishment of needed banking facilities.
The Comptroller's office is in sympathy with the objectives of
the above-mentioned bills, and recommends their enactment.
Also introduced during 1951 was H. R. 3175, which is identical
with other bills introduced into Congress during recent years for the
purpose of clarifying, and modifying in minor respects, section 5219
of the Revised Statutes (12 U. S. C. 548), relating to taxation of
national banks by the several States. We do not make any recommendation regarding this proposal, since its subject-matter does
not relate directly to the functions of our Bureau.
In the Comptroller's Annual Report for the year 1949, it was
recommended that the Bureau's functions with respect to building
associations and credit unions organized under provisions of the
District of Columbia Code be transferred to the Home Loan Bank
Board and the Federal Security Agency, respectively. With respect
to building associations, this suggestion was effectuated by the
enactment of Public Law 148, Eighty-second Congress, and it is
hoped that reorganization plans now under consideration will result
in the recommended transfer of supervisory powers with respect
to District of Columbia credit unions. The centralization of Federal
governmental authority over these groups of institutions may be
expected to result in greater efficiency and uniformity of administration.
A comparison of the assets and liabilities of the banks in the National Banking System as of December 30, 1950, April 9, June 30,
October 10, and December 31, 1951, 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. 30, 1950
(4,965 banks)

Apr. 9, 1951
(4,959 banks)

June 30, 1951
(4,953 banks)

Oct. 10, 1951
(4,947 banks)

Dec. 31, 1951
(4,946 banks)

#
C

ASSETS

71,070,286

30,584,236
33,051,114
2,660
4,968,271
2,434,656
178,597
71,219,584

31,361,151
33,847,660
8,898
5,168,196
2,380,837
179,671
72,946,413

32,423,777
35,146,687
9,656
5,333,230
2,373,149
180,895
75,467,394

23,813,435
636,825
14,352

22,016,341
653,565
15,131

22,253,141
661,211
15,348

23,420,448
678,864
16,405

26,012,158
683,826
16,796

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

60,288
158,681
153,384
143,754

61,958
122,207
163, 111
162,251

64,328
122,297
148,419
132,142

97,240,093

94,271,430

94,658,761

97,529,316

102,738,560

td

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

48,671,446
18,998,878
4,219,771
5,609,334
7,759,253
1,143,094

48,785,259
19,212,936
3,916,515
6,040,298
7,626,529
1,255,277

51,578,292
19,571,450
2,738,544
5,413,462
8,859,019
1,115,190

54,855,841
19,825,659
2,243,626
5,924,592
9,789,974
1,791,869

..
U
H
M

89,529,632

86,401,776

86,836,814

89,275,957

94,431,561

§

69,332,926
20,196,706

66,096,570
20,305,206

66,254,189
20,582,625

68,292,377
20,983,580

73,156,288 @
21,275,273 £

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 debenturesCorporate stocks, including stocks of Federal Reserve banks

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

30,341,130
33,182,052
2,360
4,930,776
2,436,304
177,664

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

72,300,108

Total assets

^
^
3
"
j
g
H

S
&
^

64,642 t3
172,708
g
172,489 w
148,547 fcH

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




."
_

^
g

Bills payable, rediscounts, and other liabilities for borrowed money
Mortgages or other liens on bank premises'and other real estate
Acceptances outstanding
„._-" _
_
""__
""iSCQnie collected but not yejt-Sarned
'.
ExpenseraeSSl«4aat!ranpaid
^.LI IIIIIIIZZIIZZZZZIIZZIIIIIIIZZI__ZIZZZ
Other liabilities

76,644
359
134,631
177,839
303,002
688,997

160,202
359
181,013
177,202
327,687
590,083

32,890
335
137,765
168,112
308,512
654,307

148,910
321
133,467
180,351
393,871
739,501

15,484
366
187,650
180,894
375,326
877,161

90,911,104

87,838,322

88,138,735

90,872,378

96,068,442

Total liabilities
CAPITAL ACCOUNTS

Capital stock (see memoranda below)
Surplus
Undivided profits
R eserves and retirement account for preferred stock
Total capital accounts
Total liabilities and capital accounts
MEMORANDA

Par value of capital stock:
Class A preferred stock...
Class B preferred stock
_
_
Common stock
Total
Retirable value of preferred capital stock:
Class A preferred stock
...
Class B preferred stock
Total
Assets pledged or assigned to secure liabilities and for other purposes (including notes and bills rediscounted and securities sold with agreement to repurchase)




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

2,031,452
2,948,622
1,183,453
269,581

2,067,155
2,994,486
1,193,499
264,886

2,082,617
3,017,550
1,286,764
270,007

2,105,345
3,083,495
1,212,538
268,740

6,328,989

6,433,108

6,520,026

6,656,938

6,670,118

97,240,093

94,271,430

94,658, 761

97,529,316

102,738,560

14,364
738
1,986,548

13,015
738
2,017,699

11,800
647
2,054,708

11,444
618
2,070,555

7,955
591
2,096,799

2,001,650

2,031,452

2,067,155

2,082,617

2,105,345

19,233
1,013

17, 507
1,013

16,292
922

15,714
893

12,225
866

20,246

18,520

17,214

16,607

13,091

10,304,151

12,406,061

12,490,829

11,923,588

11,616,494

W
o

12

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. 31, 1948-51
1948

1949

1950

1951

ASSETS

Securities:
U. S. Government, direct and guaranteed
Obligations of States and political subdivisions
Stock of Federal Reserve banks
Other bonds and securities

Percent
36. 70
4.82
.15
2.57

Percent
34.22
5.19
.15
2.34

48.99

44.24

41.90

27.03
10.94
15.18
.65
.01
.55

26.52
11.40
11.92
.66
.01
.50

30.11
12.74
11. 75
.66
.01
.49

31. 56
12.84
12.48
.66
.02
.54

100.00

Total assets

Percent
42.41
4.15
.15
2.28

45.64

Total securities
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

Percent
39.69
3.62
.14
2.19

100.00

100.00

100.00

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

53.39
19.30
2.18
5.77
9.53
1.75

LIABILITIES

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)
Total deposits

92.64

92.36

92.07

91. 92

Demand deposits
Time deposits

70 28
22.36
.93

70.14
22.22
1.06

71. SO
20.77
1.42

71.21
20.71
1.59

2.07
2.85
1.51

2.12
2.93
1.53

2.06
3.01
1.44

2.05
3.00
1.44

Other liabilities
_.
Capital funds:
Capital stock
Surplus
Undivided profits and reserves
Total capital funds
Total liabilities and capital funds

.

6.43

6.58

6.51

6.49

100.00

100.00

100.00

100.00

FIDUCIARY ACTIVITIES OF NATIONAL BANKS

As of December 31, 1951, 1,773 national banks have been granted
trust powers, either limited or full, for the administration of fiduciary
accounts. Two hundred and sixty-one of these banks are not acting
under any of their granted fiduciary powers. During the year end^d
December 31, 1951, 1,645 examinations were made of trust departments, including 1,582 trust examinations in unit or independent
banks, and 63 trust examinations in branches.
/
While carrying values for trust assets have not been standardized
throughout the country, there have been relatively few changes of
system within individual organizations. Trust department jassets
totaled $36,137,000,000 as of December 31, 1951, comparfed to
$9,557,000,000 as of June 30, 1941. Because of the relatively few
changes of system, these figures are sufficiently comparable although




REPORT OF THE COMPTROLLER OF THE CURRENCY

13

they do not reflect total current market values. Present-day totals
also include a substantial amount of agency and custodianship assets
which are under the supervision and administration of the trust
department.
Gross trust department income of national banks totaled $74,741,000
during 1951 compared to $32,714,000 in the year ended June 30,1941.
Many banks make no record of expense or estimation of allocated
overhead and no tabulation can be accomplished for net earnings of
trust departments throughout the country. Losses to the national
banks through trust department operations have been almost
negligible.
EARNINGS, EXPENSES, AND DIVIDENDS OF NATIONAL BANKS FOR
YEAR ENDED DECEMBER 31, 1951

The net profits of national banks before dividends for the calendar
year 1951 were $507,000,000, which amounted to 7.79 percent of
average capital funds. Net profits for the previous year were
$538,000,000 or 9 percent of average capital funds.
Net earnings from operations of $975,000,000 showed an increase of
$119,000,000 over the previous year. However, after adding to net
earnings from operations profits on securities sold of $40,000,000 and
recoveries on loans and investments, etc. (including adjustments in
valuation reserves) of $56,000,000, and deducting losses and chargeoffs
(including current additions to valuation reserves) of $231,000,000
and taxes on net income of $333,000,000, the net profits of the banks
before dividends for the year 1951 were $31,000,000 less than for the
year 1950.
Gross earnings were $2,454,000,000, an increase of nearly
$262,000,000 over the gross earnings for the year 1950. The principal
items of operating earnings in 1951 were $1,341,000,000 from interest
and discount on loans, an increase of $237,000,000 over 1950, and
$569,000,000 from interest on United States Government obligations,
a decrease of $21,700,000. Other principal items of operating earnings
were $148,000,000 from interest and dividends on securities other
than United States Government obligations, an increase of nearly
$16,000,000 over the previous year, and $129,000,000 from service
charges on deposit accounts, an increase of $9,000,000. Operating
expenses, excluding taxes on net income, were $1,479,000,000 as
against $1,337,000,000 in 1950. Principal operating expenses were
$746,000,000 for salaries and wages of officers and employees and fees
paid to directors, an increase of $82,000,000 over 1950, and $218,000,000
expended for interest on time and savings deposits, an increase of
$28,000,000.
Cash dividends declared on common and preferred stock in 1951
totaled $248,000,000 in comparison with $230,000,000 in the previous
year\ The rate of cash dividends was 3.81 percent of the average
capital funds during the year. The cash dividends in 1951 were 48.91
percent of the net profits available for the year. The remaining 51.09
percent of net profits, or $259,000,000, was retained by the banks in
their capital funds.
210061—52

2




14

REPORT OF THE COMPTROLLER OF THE CURRENCY

Interest and dividends on securities represented 29 percent of gross
earnings for the year, with the banks in the Twelfth Federal Reserve
District showing the lowest ratio at 21 percent, while the seventh district showed 37 percent for the highest ratio. Interest and discount
on loans accounted for 55 percent of the banks' earnings, varying from
47 percent in the seventh district to 62 percent in the twelfth district.
Salaries, wages, and fees took over 30 percent of gross earnings, ranging
from 29 percent in the fourth district to 32 percent in the ninth district. Current operating earnings before income taxes were more
than 40 percent of gross earnings, ranging from 37.6 percent in the
twelfth district to 42.6 percent in the tenth district.
The rate of interest and dividends received on the average securities
held during the year was 1.70 percent, and varied from 1.64 percent at
the banks in the second district to 1.91 percent in the third district.
On the average loans and discounts the rate of interest and discount
varied from 3.55 percent in the second district to 4.94 percent in the
twelfth district. The national average was 4.36 percent.
Current operating earnings before income taxes were 15 percent on
the average total capital accounts, varying from 11 percent in the
third district to 20 percent in the twelfth district. Net profits after
income taxes but before dividends were, as noted above, 7.79 percent
on the average capital accounts, ranging from 6.05 percent in the
second district to 10.6 percent in the twelfth district.
Summaries of the earnings, expenses, and dividends of national
banks for the years ended December 31, 1950, and 1951, are shown in
the following table.
Earnings, expenses, and dividends of national banks for years ended Dec. 31,
1950 and 1951
[In millions of dollars]
1950

Change
since 1950

Number of banks *Capital stock (par value) 2Capital accounts 2

4,946
2,058.1
6,506.4

4,965
1,966.0
6,152.8

-19
+92.1
+353.6

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

568.8
148.2
1,340.7
129. 2
267.4

590.5
132.3
1,103.4
119.6
246.9

-21.7
+15.9
+237.3
+9.6
+20.5

2,4.54.4

2,192.7

745.7
218.6
77.0
37.1
401.0

663.8
190.4
74.4
33.6
374.8

+8U9
+2/8.2
+-2.6
rh3.5
+26.2

1,337.1

+142. 3

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
See footnotes a t end of table.




1, 479.4
_

975.0

15

REPORT OF THE COMPTROLLER OF THE CURRENCY
Earnings, expenses, and dividends of national banks for years ended Dec. 81,
1950 and 1951—Continued
1951
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

Change
since 1950

5.6

__

_.

Total

—4.1
-21.9
-21.3

12.1
12.1
19.0

_

29.0
61.0
15.4
13.3
25.4

-3.3
-1.2
-6.4

95.6

_.

9.7

7.1
39.7

Total
Losses, charge-ofls, and transfer to valuation reserves:
On securities:
Losses and charge-offs
Transfers to valuation reserves
On loans:
Losses and charge-offs ___
Transfers to valuation reserves
Allother

153.7

-58.1

51.2
17.2

24.0
41.4

+27.2
-24.2

9.6
125.6
27.5

11.0
109.3
30.7

-1.4
+16.3
-3.2

231.0

Profits before income taxes

Cash dividends declared:
On preferred stock..
On common stock..
Total

Memoranda items:
Recoveries credited to valuation reserves (not included in recoveries above):
On securities
. _ .
._
.
On loans
_
Losses charged to valuation reserves (not included in losses
above):
On securities
On loans _ .
.
Stock dividends (increases in capital stock)
Ratios:
Expenses to gross earnings
..
Net profits before dividends to capital accounts
Cash dividends to capital stock
_
Cash dividends to capital accounts

242.0
13.5

+75.4
+2.0

255.5

+77.4

506.7

_

+46.5

332.9

_

+14.7

793.1

317.4
15.5

Net profits before dividends

216.3

839.6

-- _.

Taxes on net income:
Federal
State
Total

1950

537.6

-30.9

.6
247.2

.7
228.8
229.5

+18.4
+18.3

247.8

-.1

1.1

1.8

19.7

13.0

+6.7

2.8
33.6
47.1

+3.6
+10.7
+9.7

6.4
44.3
56.8
Percent
60.28
7.79
12.04
3.81

Percent
60.98
8.74
11.67
3.73

-.7

Percent
-.70
-.95

+.37
+.08

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.




16

REPORT OF THE COMPTROLLER OF THE CURRENCY
STRUCTURAL CHANGES IN THE NATIONAL BANKING SYSTEM

The authorized capital stock of the 4,947 national banks in existence on December 31, 1951, including 1 inactive bank, consisted of
common capital stock aggregating $2,097,307,062, a net increase
during the year of $109,952,025, and preferred capital stock aggregating $12,052,774, a net decrease during the year of $3,360,881.
In addition to 13 applications with proposed common capital stock
of $1,700,000 carried over from the previous year, 32 applications were
received to organize national banks and to convert State banks into
national banking associations with proposed common capital stock of
$5,465,000. Of these applications, 17 with proposed common capital
stock of $2,640,000 were approved; 6 with proposed common capital
stock of $1,000,000 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 1951,11
national banking associations with common capital stock of $1,750,000
were authorized to commence business. Of the charters issued,
2 with common capital stock of $350,000 resulted from the conversions of State banks.
During the year, 10 State banks were consolidated with 10 national
banks under authority of the act of November 7, 1918, as amended,
resulting in the consolidated national banks having common capital
stock of $26,350,000. Approximately $234,226,000 of assets were
brought into the national banking system by reason of the 10 State
banks being consolidated with national banks. In addition, national
banks reported the purchases of 11 State banks, with capital stock
and debentures of $983,750 and assets of approximately $37,641,000.
During the year, 22 national banks with common capital stock
of $8,999,500, 3 of which also had $198,950 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, 9 with common capital stock of $1,975,000, 1 of which also had
$98,950 of preferred capital stock, and assets of $112,522,613, were
succeeded by other national banks; 11 with common capital stock of
$6,899,500, 1 of which also had. $75,000 of preferred capital stock,
and assets of $230,995,853, were succeeded by State banks, and 2
with common capital stock of $125,000, 1 of which also had $25,000
of preferred capital stock, and assets of $2,939,578, paid their depositors and quit business. Also, during the year, 11 national banks
with common capital stock of $16,697,500, 1 of which also had $25,000
of preferred capital stock, and assets of approximately $703,300,000/
were merged or consolidated with State banks under the provisions
of Public Law 706 and the laws of the States where the banks were
located.
Changes in the number and capital stock of national banks during
the year ended December 31, 1951, are shown in the following siimmary.




17

REPORT OF THE COMPTROLLER OF THE CURRENCY

Organization, capital stock changes, and national banks closed as reported during the
year ended Dec. 81, 1951
Number
of banks

Increases:
Banks newly chartered:
Primary organizations
__
___
Reorganizations
Conversions of State banks
Capital stock:
190 cases by statutory sale
__>
293 cases by statutory stock dividend
26 cases by stock dividend under articles of association
__ _ __
__ __
10 cases by statutory consolidation
Total increases

_

_.

Decreases:
Banks ceasing operations:
Voluntary liquidations:
Succeeded by national banks
Succeeded by State banks
No successors
___
Statutory consolidations
Merged or consolidated with State banks (Public
Law 706)_— _ _
Receiverships
Capital stock:
48 cases by retirement . _
1 case by statutory reduction
._
Total decreases

9
2

Capital stock
Common

Preferred

$1,400,000
350,000
74,673,025
54,837,280
2,006,120
4,125,000

11

137,391,425

9
11
2

1,975,000
6,899,500
125,000

$98,950
75,000
25,000

11

16,697, 500

25,000

1,742,400

3,136,931

33

27,439,400

3,360,881

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

—22
4,969

109,952,025
1,987,355,037-

—3,360,881
15,413,655

Charters in force Dec. 31, 1951 and authorized capital stock-

4,947

2,097,307,062

12,052,774

BRANCHES

On December 31, 195i, 356 national banks were operating a total
of 2,259 branches and 8 seasonal offices. In 9 of the States, namely,
California, Massachusetts, Michigan, New Jersey, New York, Ohio,
Oregon, Pennsylvania, and Washington, there were 203 national banks
operating 1,679 branches, which was 74 percent of the number of all
branches at the end of the year.
During the year ended December 31, 1951, 153 branches were
brought into the national banking system. Of the 153 branches, 59
were authorized to operate in places other than the city in which the
parent bank is located. During the same period 47 branches, 2 of
which were not in operation at the beginning of the year, were discontinued, 6 through action of the boards of directors of the parent
banks, 19 through voluntary liquidation of the parent banks, and 22
through the merger or consolidation of the parent banks with State
banks under the provisions of Public Law 706 and the laws of the
States where the parent banks were located.
Of the 153 branches authorized, 152 were operating on December
31, 195L Seven branches authorized in 1950 did not begin operations
until 1951. There was a net gain in the system of 114 operating
branches in the year.




18

REPORT OF THE COMPTROLLER OF THE CURRENCY
NATIONAL BANK NOTES OUTSTANDING

There were as of December 31, 1951, $80,211,173 of national bank
notes outstanding.
DISTRIBUTION OF ALL BANKS
On December 31, 1951, there were 14,636 commercial and savings
banks in the United States and possessions with deposits of
$186,603,665,000. Of these banks, 13,657, or 93 percent, with 96
percent of the deposits, were insured banks. The 4,939 national
banks, members of the Federal Reserve System, represented 34 percent
of all banks and held 50 percent of the total deposits. The 529
mutual savings banks, of which 202 were insured, held $20,915,329,000
of deposits.
Classification of all banks, Dec. 81, 1951
Banks

Deposits
Change in
12 months
(percent
of grand
total)

Change in
12 months
(percent
of grand
total)

Number
of
banks

Insured banks:
National
State m e m b e r Commercial
Mutual savings
Nonmember—
State commercial l
Mutual savings
Total insured banks
Uninsured banks:
Nonmember—
State commercial and private 2
_
Mutual savings
Total uninsured banks
Total all banks
1
2

Percent
of grand
total

4,939

33.74

50.47

-0.22

1,898
3

12.97
.02

-.07
0

46,823,953
18,613

25.09
.01

+.22
0

6,618
199

45.22
1.36

+.38
+.06

22,175,074
15,349,424

11.88
8.23

+.28
+.11

13,657

93.31

+.31 178,539,986

95.68

+.39

652
327

4.46
2.23

-.25
-.06

1.35
2.97

-.12
-.27

979

6.69

-.31

8,063,679

4.32

-.39

14,636

100.00

186,603,665

100.00

Amount
(000
omitted)

-0.06 $94,172,922

2,516,387
5,547,292

Percent
of grand
total

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

ASSETS AND LIABILITIES OF ALL BANKS IN THE UNITED STATES AND
POSSESSIONS

The total assets of all classes of active banks in the United States
and possessions on December 31, 1951, amounted to $203,863,000,000,
an increase of $11,622,000,000 since December 30, 1950.
The total deposits at the end of 1951 amounted to $186,604,000,000,
an increase of $10,484,000,000 over 1950. Included in the latter
aggregate are deposits of individuals, partnerships, and corporations
of $154,478,000,000, an increase of $7,961,000,000 in the year. Deposits of the United States Government, including postal savings
deposits, were $3,728,000,000, an increase of $659,000,000 or 21
percent; deposits of States and political subdivisions smounting to
$10,102,000,000 showed an increase of $556,000,000, or 6 percent,
and deposits of banks of $15,104,000,000 were $1,054,000,000, or 8
percent, more than in 1950.



REPORT OF THE COMPTROLLER OF THE CURRENCY

19

Loans and discounts amounted to $68,001,000,000 in December
1951 after deducting reserves of $997,000,000 for possible future
losses. The net loans were $7,290,000,000, or 12 percent, over the
amount reported as of the end of 1950. Commercial and industrial
loans of $26,040,000,000 were 18 percent more than the 1950 figure;
consumer loans to individuals, including single-payment loans of
$3,000 and over, of $10,597,000,000 increased 3 percent; real estate
loans of $24,648,000,000 were up 12 percent, and all other loans of
$7,713,000,000 increased 4 percent.
The banks held obligations of the United States Government,
direct and guaranteed, of $71,595,000,000 in December 1951, a decrease
of $1,593,000,000, or 2 percent in the year. Obligations of States and
political subdivisions held amounted to $9,393,000,000, an increase of
$1,144,000,000, and other securities held amounted to $6,598,000,000,
an increase of $30,000,000. The total of all securities held at the end
of 1951 was $87,586,000,000, and represented 43 percent of the banks7
total assets. At the end of the previous year the ratio was 46 percent.
Cash and balances with other banks, including reserve balances, in
1951 were $45,717,000,000, an increase of 11 percent since 1950.
Total capital accounts were $14,706,000,000, compared to $13,916,000,000 at the end of 1950. The total of surplus, profits, and capital
reserves of $10,866,000,000 increased $620,000,000, or 6 percent, in
the year.
A statement of the assets and liabilities of all classes of active banks
at the end of December 1950 and 1951 follows:
and liabilities of all banks in the United States and possessions, 1950 and 1951
[In millions of dollars]
Dec. 31,
1951

Number of banks

Dec. 30,
1950

Change
since 1950

14, 636

14, 666

24, 648
26, 040

21, 925
22,068

+ 2 , 723
+ 3 , 972

10, 597

10, 243

+354

2,585
5,128

2,881
4,521

-296
+607

68, 998
997

61, 638
927

+7, 360
+70

68, 001

60, 711

+7, 290

71, 595
9,393
5,989
609

73,188
8,249
6,011
557

- 1 , 593
+1,144
-22

87, 586

88,005

-419

-30

ASSETS

Loans on real estate
Commercial and industrial loans (including open-market paper)
Consumer loans to individuals, including single-payment loans of
$3,000 and over
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 otfoer real estate
Customers' liability on acceptances outstanding
Other assets
Total assets




_

+52

2,891

2,343

+548

42,826
1,331
37

38,893
1,241
33

+3, 933
+90
+4

105
349
737

103
235
677

+2
+114
+60

203,863

192, 241

+11,622

20

REPORT OF THE COMPTROLLER OF THE CURRENCY

Assets and liabilities of all banks in the United States and possessions, 1950 and
1951—Continued
[In millions of dollars]
Dec. 31,
1951

Dec. 30,
1950

Change
since 1950

LIABILITIES

97,006
57,472
3,728
10,102
15,104
3,192

Total deposits
Demand deposits
Time deposits

__.
.

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

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

+5,692
+2,269
+659
+556
+1,054
+254

186, 604

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

176,120

+10, 484

126,680
59,9U

118,1H
57.326

+7, 886
+2,598

44

95

-51

378
2,131

270
1,840

+108
+291

.__.

189,157

178, 325

+10, 832

Capital notes and debentures
Preferred stock
_
Common stock
Surplus...
Undivided profits._
...
Reserves and retirement account for preferred stock and capital
notes and debentures

40
51
3,749
7,262
3,027

47
62
3,561
6,854
2,809

-7
-11
+188
+408
+218

Total liabilities

__•.
CAPITAL ACCOUNTS

Total capital accounts

-

Total liabilities and capital accounts

577

583

14, 706

13, 916

+790

192. 241

+11, 622

-6

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

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, 1951. Reports were required as of April 9, June 30,
October 10, and December 31. Summaries from all condition reports,
by States, are published in pamphlet form. National banks were also
required by statute to obtain reports of their affiliates and holding
company affiliates other than member banks as of the four dates for
which condition reports of the banks were obtained and to submit
such reports to the Comptroller.
Under the general 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 31, 1951.
National banking associations authorized to act in a fiduciary
capacity were called upon to submit reports of their trust departments as of the close of business on December 31, 1951.
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,



REPORT OF THE COMPTROLLER OF THE CURRENCY

21

expenses, and dividends identical with those obtained from national
banks during the year. Credit unions in the District of Columbia
under the supervision of the Comptroller were required to submit
reports of their assets and liabilities as of December 31, 1951, and
reports of receipts and disbursements for the year ended December
31, 1951.
Detailed figures from reports of condition and earnings and dividends will be found in the appendix of this report.
Under Public Law 148, Eighty-second Congress, chapter 404, first
session, approved September 15, 1951, 65 Stat., 323, the code of law
for the District of Columbia was amended, transferring from the
Comptroller to the Home Loan Bank Board all subsequent supervision
and regulation of District of Columbia building and loan associations.
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 1951,
871 of the national banks reported 12,222 affiliates and holding company affiliates, of which 10,505 were duplications reported by 238
banks. The actual number of affiliates, or 1,717, included 23 holding
company affiliates which controlled 197 active national banks. The
number of banks in each holding company group varied from 1 to
48. At the end of 1950 there were 23 holding company affiliates
which controlled 196 national banks, varying in number from 1 to 48
associations. Under the waiver of requirement for reports of affiliates, it was necessary for only 364 banks to submit and publish 413
reports of affiliates and holding company affiliates. Of the latter
number 180 were duplications of reports submitted by 180. banks.
LIQUIDATION OF INSOLVENT NATIONAL BANKS
During the year ended December 31, 1951, no national banks were
placed in receivership. No liquidations of insolvent national banks
were completed during the year, leaving a total of two receiverships
in process of liquidation as of December 31, 1951, both of which were
involved in litigation.
ISSUE AND REDEMPTION OF NOTES
One thousand five hundred and forty-four shipments of Federal
Reserve currency were made from Washington, D. C , during the
year ended December 31, 1951, to Federal Reserve agents and Federal
Reserve branch banks, aggregating $7,947,940,000, and, in addition,
27 deliveries were made to the Treasurer of the United States aggregating $124,800,000.
Four thousand and forty-four lots of unfit Federal Reserve currency
were received for verification and certification for destruction consisting of 790,223,312 notes aggregating $9,875,015,380.




22

REPORT OF THE COMPTROLLER OF THE CURRENCY

There were received 49 lots of national bank notes for verification
and certification for retirement and destruction consisting of 303,381
notes aggregating $4,730,419.
One hundred seventy nine thousand and seven hundred fragments
or charred Federal Reserve and national bank notes aggregating
$3,495,272 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, 1951, 9,377 examinations of
banks, 4,194 examinations of branches, including 27 foreign branches,
1,645 examinations of trust departments, and 29 examinations of
affiliates were conducted. Ten State banks were examined in connection with conversions to or consolidations with national banks. Investigations were also conducted in connection with applications for
21 new charters and 158 new branches.
ORGANIZATION AND STAFF
On December 31, 1951 the Office of the Comptroller of the Currency
had in its employ 1,126 persons. Of these, 205 were assigned to the
Washington Office, including 33 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 increased
by 12 during the year.
Twenty-one national bank examiners and 84 assistant national bank
examiners left the service during the year. In the same period 21
assistants were commissioned national bank examiners and 115 new
assistants were appointed, leaving a total of 258 examiners and 543
assistant examiners in the service at the end of the year. The 258
examiners have an average term of service, including service as
assistants, in excess of 19 years. There were 120 clerks employed in
the 12 Federal Reserve districts at the end of the year. During the
year 1951, 8 assistant national bank examiners were placed on military
furlough. The total field force during the year decreased by one
person.
On March 1, 1951, Mr. W. W. Taylor, a career employee who had
served the office in various bank examining positions for approximately 26 years, was appointed Third Deputy Comptroller to fill the
vacancy created through the retirement of Mr. R. B. McCandless,
Second Deputy Comptroller, and the promotion of Mr. L. A. Jennings
from Third Deputy Comptroller to Second Deputy Comptroller.




REPORT OF THE COMPTROLLER OF THE CURRENCY

23

EXPENSES OF THE BUREAU

The following is a summary of the operating expenses of the Bureau
for the year ended December 31, 1951:
Bank supervi- Currency issue
and redempsion
tion
Salaries
- Per diem
Transportation
Supplies, printing, books and periodicals
Rent
Furniture and fixtures
.
Communications.
Miscellaneous
Total

Total

$5, 517,146.72
1,089,434.96
323, 992.77
99, 318.22
122,610. 51
19, 736. 72
20, 801. 74
24. 915.19

$113,470.47
0
0
1, 517.14
0
0
194. 79
3,153.16

$5,630,617.19
1,089, 434. 96
323, 992. 77
100, 835.36
122,610. 51
19, 736. 72
20,996. 53
28,068.35

7, 217, 956.83

118, 335. 56

7,336, 292.39

Funds used in payment of the bank supervision costs are derived
primarily from assessments against the banks supervised. The cost
of operating the Division which handles the currency issue and
redemption functions is paid by the Federal Reserve Banks.







APPENDIX
25

CONTENTS
TABLES
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, converted into and merged or consolidated with
State banks under Public Law 706, and in existence on December 31, 1951
No. 3. National banks chartered during the year ended December 31,
1951
No. 4. National banks chartered which were conversions of State banks
during the year ended December 31, 1951
No. 5. National banks reported in voluntary liquidation during the year
ended December 31, 1951, the names of succeeding banks in
cases of succession, with date of liquidation and capital stock, _
No. 6. National banks merged or consolidated with and into State banks
under the provisions of Public Law 706, approved Aug. 17,
1950, and the laws of the States where the banks are located,
during the year ended December 31, 1951, with the effective
date and the capital stock
No. 7. Consolidations of national banks, or national and State banks,
during the year ended December 31, 1951, under act November
7, 1918, as amended
No. 8. Number of domestic branches of national banks authorized during
the year ended December 31, 1951
No. 9. Number and class of domestic branches of national banks closed
during the year ended December 31, 1951
No. 10. Principal items of assets and liabilities of national banks, by size
of banks, according to deposits, December 31, 1950 and 1951__
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 1951
No. 12. Dates of reports of condition of national banks, 1914 to 1951
No. 13. Assets and liabilities of national banks on April 9, June 30,
October 10, and December 31, 1951
No. 14. Fiduciary activities of national banks as of December 31, 1951 __
No. 15. Fiduciary activities of national banks by Federal Reserve districts as of December 31, 1951
No. 16. Classification of investments in living and court trust accounts
under administration by the active national bank trust departments, December 31, 1951
No. 17. Fiduciary activities of national banks by States as of December
31, 1951
No. 18. Earnings, expenses, and dividends of national banks, by States,
for the year ended December 31, 1951
No. 19. Earnings, expenses, and dividends of national banks, by Federal
Reserve districts, for the year ended December 31, 1951
No. 20. Earnings, expenses, and dividends of national banks, by size of
banks, for the year ended December 31, 1951
No. 21. Earnings, expenses, and dividends of national banks, years ended
December 31, 1949-51
No. 22. Number of national banks, capital stock, capital funds, net profits,
dividends and ratios, years ended December 31, 1929-51




27

Page

30

31
33
33
34

35
36
37
40
41
42
43
45
99
100
101
102
104
112
115
118
120

28

REPORT OF THE COMPTROLLER OF THE CURRENCY
Page

No. 23. Total loans of national banks, losses and recoveries on loans,
and ratio of net losses or recoveries to loans, by calendar
years 1932-51
121
No. 24. Total securities of national banks, losses and recoveries on
securities, and ratio of net losses or recoveries to securities.
by calendar years 1932-51
122
No. 25. Foreign branches of American national banks, December 31, 1951 _ 123
No. 26. Consolidated statement of assets and liabilities of foreign branches
of national banks, December 31, 1951
124
No. 27. Assets and liabilities of banks in the District of Columbia, by
classes, December 31, 1951
125
No. 28. Assets and liabilities of all banks in the District of Columbia
at date of each call during year ended December 31, 1951
127
No. 29. Assets and liabilities of nonnational banks in the District of
Columbia at date of each call during year ended December 31,
1951
128
No. 30. Earnings, expenses, and dividends of banks in the District of
Columbia, years ended December 31, 1951 and 1950
129
No. 31. 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, 1929-51
131
No. 32. 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 1932-51
132
No. 33. 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 1932-51
133
No. 34. Summary of assets and liabilities December 31, 1951, and receipts
and disbursements in year ended December 31, 1951, of the 17
District of Columbia credit unions, chartered under the D. C.
Code
.
134
No. 35. Assets and liabilities of all active banks in the United States and
possessions, by classes, December 31, 1951
135
No. 36. Assets and liabilities of all active banks in the United States and
possessions, by States and Territories, December 31, 1951
137
No. 37. Assets and liabilities of active national banks, by States and
Territories, December 31, 1951
146
No. 38. Assets and liabilities of all active banks other than national, by
States and Territories, December 31, 1951
154
No. 39. Assets and liabilities of active State commercial banks, by States
and Territories, December 31, 1951
,.
162
No. 40. Assets and liabilities of active mutual savings banks, by States,
December 31, 1951
170
No. 41. Assets and liabilities of active private banks, by States, December
31, 1951
174
No. 42. Per capita demand and time deposits of individuals, partnerships,
and corporations in all active banks, by States, December 31,
1951
_
178
No. 43. Officials of State banking departments and number of each class
of active banks in December 1951
180
No. 44. Assets and liabilities of all active banks, 1940 to 1951
182
No. 45. Assets and liabilities of all active national banks, 1940 to 1951 __ 183
No. 46. Assets and liabilities of all active banks other than national, 1940
to 1951
184
No. 47. 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,
1951
1 185
No. 48. Number and deposits of national and District of Columbia nonnational banks placed in receivership, period April 14, 1865 to
December 31, 1951, by groups according to percentages of
dividends paid to December 31, 1951
|. 188
No. 49. Liquidation statement, 2 receiverships in liquidation during
year ended December 31, 1951
189



REPORT OF THE COMPTROLLER OF THE CURRENCY

29
Page

No. 50. Liquidation statement, 2 active receiverships as of December 31,
1951
No. 51. National banks in charge of receivers during year ended December
31, 1951, 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, 1951
No. 52. Bank suspensions since inauguration of Federal deposit insurance, years ended December 31, 1934 to 1951

210061—52



189

190
192

30

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 1.—Comptrollers and Deputy Comptrollers of the Currency, dates of
appointment and resignation, and States whence appointed
No.

Name

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 O
Williams, John Skelton..
Crissinger, D. R
Dawes, Henry M
Mclntosh, Joseph W
Pole, John W
O'Connor, J. F. T
Delano, Preston..

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

9,1863
21,1865
1,1867
25,1872
12,1884
20,1886
1,1889

2,1892
26,1893
1,1898
1,1901
28,1908
2,1914
17,1921
1,1923
20,1924
21,1928
11,1933
24,1938

Mar. 8,1865
July 24,1866
Apr. 3,1872
Apr. 30,1884
Mar. 1,1886
Apr. 30,1889
June 30,1892
Apr. 25.1893
Dec. 31,1897
Sept. 30,1901
Mar. 28,1908
Apr. 27.1913
Mar. 2,1921
Apr. 30,1923
Dec. 17,1924
Nov. 20,1928
Sept. 20,1932
Apr. 16,1938

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

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
Taylor, W. M
i Term 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
^, ^~-v,
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
Mar. 1,1951

Aug. 1,1865 New York.
Jan. 31,1867 Ohio.
Apr. 24,1872 Minnesota.
Jan. 3,1886 New York.
Jan. 3,1887
Do.
May 25,1890 Virginia.
Mar. 16,1893 Indiana.
Mar. 11,1896 Kentucky.
Aug. 31,1898 South Carolina.
June 27,1899 New York.
Mar. 2,1923 D istrict of C olumbia.
Feb. 14,1927 Indiana.
Dec. 19,1924 Illinois.
June 30,1927
Do.
Nov. 30,1928 Virginia.
Feb. 15,1936 Maryland.
Oct. 16,1941 Indiana.
Jan. 23,1933 Washington.
Jan. 15,1938 Georgia.
do
California.
Sept. 30,1938 Texas.
do
California.
Dec. 31,1948 Iowa.
Aug. 31.1941
Do.
Mar. 1,1951
Do.
Sept. 30,1944 Nebraska.
Nebraska.
Aug. 31,1950 Texas.
New York.
Virginia.

2 Died Mar. 2, 1923.

31

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, converted into and
merged or consolidated with State banks under Public Law 706, and in existence
on Dec. 31, 1951
Public Law 706
ConsoliOrgan- dated
under Insolized
act Nov. vent
7, 1918

Location

Maine
New Hampshire _.
Vermont
Massachusetts
Rhode Island
Connecticut
Total New England States

127
80
85
371
67
124
854

. . _ ._

Total Western States
Washington

Oregon
California
Idaho
Utah
Nevada
Arizona

. _
_

Total Pacific States




77
22
28
203
56
64

1

32
51
38
115
6
48

41

72

450

57
21
48*

428
133
402
17
61
12

1

2
4

129
59
211
1
17
7

132

424

1,053

1

251
190
152
123
187
148
179
79
108
1,184
147
247
210

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

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

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

133
74
46
25
51
63
70
24
36
443
52
93
74

3.205

111

566

1,344

1,184

696
438
920
319
273
490
546
294

25
12
17
10
9
4
10

112
98
227
77
54
116
204
58

320
203
290
154
115
189
241
147

239
125
386
78
95
178
97
79

3,976

94

946

1,659

1, 277

259
219
404
447
193
61
218
86
743

3
12
1
4
3

12

100
93
83
76
76
12
55
25
84

116
79
197
193
75
25
83
35
449

40
35
123
174
39
24
77
26
198

2,630

38

604

1,252

736

225
148
522
110
38
17
31

17
2
12
4
1
1

51
30
64
35
6
4
6

122
96
353
62
17
7
21

35
20
93
13
11
5
3

1,091

37

196

678

180

991
417
1,282
30
141
32

_.

-

Ohio
Indiana
Illinois
Michigan
. -. Wisconsin
Minnesota
Iowa
Missouri
Total Middle Western States
North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma

13
5
17
28
2
7

2,893

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

5
2
1
25
3
5

In liqui- Convert- Merged In exor condation
ed to solidat- istence
State ed with
bank
State
bank

3

1

290

4
2
2

372
202
619
12
59
9

2
10

1,273

32

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 2.—Total number of national banks organized, consolidated under act
Nov. 7, 1918, as amended, insolvent, in voluntary liquidation, converted into and
merged or consolidated with State banks under Public Law 706, and in existence
on Dec. 81, 1951—Continued.
Public Law 706
Location

ConsoliOrgan- dated
under
ized
act Nov.
7, 1918

In liqui- Convert- Merged In exor condation
ed to solidat- istence
State ed with
bank
State
bank

6
6
1
1

1

1
4
1

5
1

14

1

6

7

14,663

454

Alaska
The Territory of Hawaii
Puerto Rico
Virgin Islands of the United States
Total possessions
Total United States and possessions

Insolvent

1

*2,808

3 6,442

1

1

11

4,947

I Includes 456 organized under act of Feb. 25,1863; 9,401 under act of June 3,1864, as amended; 10 undei
Gold Currency act of July 12,1870; and 4;796 under act of Mar. 14,1900.
* Exclusive of those restored to solvency.
* Includes 208 passed into liquidation upon expiration of corporate existence.




REPORT OF THE COMPTROLLER OF THE CURRENCY

33

TABLE NO. 3.—National banks chartered during the year ended Dec. 31, 1951
Charter
No.

Capital
stock
(common)

Title

CALIFORNIA

14656

Fontana National Bank, Fontana

_.
CONNECTICUT

14663

First National Bank in Westport

_

$200,000
150,000

_..

FLORIDA

14654

North Dade National Bank of North Miami.

200,000

_

ILLINOIS

14661
14662

The Steel City National Bank of Chicago
First National Bank of Morton Grove
Total (2 banks)

14659

200,000
150,000

__.

_.

350,000

.
KENTUCKY

100,000

First National Bank of Buechel
MISSOURI

14658

First National Bank of Doniphan

14653
14657

50,000

The First National Bank of Gatlinburg
The Kingsport National Bank, Kingsport

__
TENNESSEE

50,000
150,000
200,000

Total (2 banks)
14655
14660

TEXAS

200,000

Conroe National Bank, Conroe
VIRGINIA

300,000

First National Bank of Arlington
Total United States (11 banks)

1,750,000

TABLE N O . 4.—National banks chartered which were conversions of State banks
during the year ended Dec. 31, 1951
Charter
No.

14657
14661

Effective
date of
charter

Authorized
capital

Approximate
surplus
and undivided
profits

The Kingsport National Bank, Kingsport
Tennessee.. June 29
The Steel City National Bank of
Illinois
Nov. 15
Chicago

$150,000

$128,095

200,000

124,264

6,552,914

350,000

252,359

10,559,915

Title and location

Total (2 banks).




State

Approximate
assets

$4,007,001

34

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 5.—National banks reported in voluntary liquidation during the year
ended Dec. 31, 1951, the names of succeeding banks in cases of succession, with date
of liquidation and capital stock
Title and location of bank
The Second National Bank of St. Clairsville, Ohio (4993)
The First National Bank of Parlier, Calif. (10124), absorbed by Central Valley Bank of California, Richmond, Calif
Flushing National Bank in New York, Flushing, New York, N. Y. (13296),
absorbed by Bankers Trust Company, New York
The Monson National Bank, Monson, Mass. (503), absorbed by Springfield
Safe Deposit and Trust Company, Springfield, Mass
The Caldwell National Bank, Caldwell, N. J. (7131), absorbed by The National Newark and Essex Banking Company of Newark, N. J
The First National Bank of Wilton, N. Dak. (11712), suceeded by First State
Bank of Wilton
The National Bank and Trust Company of Erie, Pa. (14219), absorbed by The
First National Bank of Erie
The Union National Bank at McKeesport, Pa. (13967), absorbed by Peoples
Union Bank, McKeesport
The First National Bank of Belleville, N . J. (8382), absorbed by Fidelity
Union Trust Company, Newark, N. J
The First National Bank of Kingston, Pa. (12921), absorbed by The Second
National Bank of Wilkes-Barre, Pa
The First National Bank of Lynden, Wash. (11808), absorbed by The National Bank of Commerce of Seattle, Wash
The First National Bank of Oakmont, Pa. (7642), absorbed by Mellon National Bank and Trust Company, Pittsburgh, Pa
The Second National Bank of Cincinnati, Ohio 3 (32), absorbed by The First
National Bank of Cincinnati
The First National Bank of Primrose, Nebr. (13244)
The Parnassus National Bank, New Kensington, Pa. (7363), absorbed by
Mellon National Bank and Trust Company, Pittsburgh, Pa
The First National Bank of Osceola, Osceola Mills, Pa. (6501), absorbed by
The County National Bank at Clearfield, Pa
The Union National Bank of Ventura, Calif. (12996), absorbed by SecurityFirst National Bank of Los Angeles, Calif
The Stock Yards National Bank of Kansas City, Mo. (10413), absorbed by
Commerce Trust Company, Kansas City
Rhode Island Hospital National Bank of Providence, R. 1. 5 (13901), absorbed
by Rhode Island Hospital Trust Company, Providence
The Central National Bank of Wilmington, Del. (3395), absorbed by Security
Trust Company, Wilmington
The Braintree National Bank, Braintree, Mass. • (11347), absorbed by Norfolk County Trust Company, Brookline, Mass
The First National Bank of Hydro, Okla. (9944), absorbed by Bank of Hydro.
Total (22 banks)..

Date of
liquidation

Capital
stock
(common)

Dec.

30,1950

Dec.

16,1950

50,000

Dec.

16,1950

500,000

Dec.

20,1950

50,000

Dec.

15,1950

1 223, 950

Dec.

30,1950

35,000

Jan. 31,1951

300,000

Feb.

27,1951

Mar. 30,1951

$100,000

200,000
2 264, 500

Apr.

2,1951

100,000

June

2,1951

50,000

June 15,1951

75,000

July 3,1951
Aug. 4,1951

1,000,000
* 50,000

Aug. 27,1951

75, 000

Sept. 29,1951

50,000

Oct.

1,1951

Oct.

1,1951

400,000

Oct. 31,1951

5,000,000

Nov. 9,1951

350,000

Nov. 9,1951
Nov. 5,1951

100,000
25,000

200,000

9,198,450

1 Includes $48,950 preferred A and $50,000 preferred B capital stock.
Includes $75,000 preferred capital stock.
3 With 7 branches in Cincinnati.
* Includes $25,000 preferred capital stock.
8 With 5 branches in Providence, 2 at Newport and 1 each at Pawtucket, Woonsocket, Cranston and
East Providence.
8 With 1 branch in Braintree.
2




REPORT OF THE COMPTROLLER OF THE

CURRENCY

35

TABLE N O . 6.—National banks merged or consolidated with and into State banks
under the provisions of Public Law 706, approved Aug. 17, 1950, and the laws of
the States where the banks are located, during the year ended Dec. 81, 1951, with
the effective date and the capital stock
Title and location of bank
The First National Bank of Cutchogue, N. Y. (12551), merged into North
Fork Bank and Trust Company, Mattituck, N. Y._
The National Safety Bank and Trust Company, New York, N. Y.1 (13260),
merged with and into Chemical Bank & Trust Company, New York
Niagara County National Bank and Trust Company, Lockport, N. Y.2 (639),
merged with and into The Marine Trust Company of Buffalo, N. Y
...
The Commercial National Bank and Trust Company of New York, N. Y.
(13250), merged with and into Bankers Trust 3 Company, New York
Suburban National Bank of Silver Spring, Md. (9830), merged with and into
Prince Georges Bank and Trust Company, Hyattsville, Md., and under the
title Suburban Trust Company
The First National Bank of Nutley, N. J. (11409), merged with and into Bank
of Nutley
Corn Exchange National Bank and Trust Company, Philadelphia, Pa.4 (542),
merged with and into Girard Trust Company, Philadelphia, and under the
title Girard Trust Corn Exchange Bank
The First National Bank of Chestertown, Md. (13798), merged with and into
Kent County Savings Bank, Chestertown
___
The Killington National Bank of Rutland, Vt. (2905), merged with and into
Rutland Trust Company, Rutland, and under the title Killington Bank and
Trust Company, Rutland
.
The Dumont National Bank, Dumont, N. J. (11361), merged with and into
Tenafly Trust Company, Tenafly, and under the title County Trust Company, Tenafly___
The Northeast National Bank of Philadelphia, Pa.6 (13175), merged with and
into The Pennsylvania Company for Banking and Trusts, Philadelphia
1
2
3

With 3 branches in New York,
With 1 branch each in Middleport, Wilson and Barker.
With 1 branch in Silver Spring and 1 each in Takoma Park and Bethesda.
* With 11 branches in Philadelphia.
»Includes $25,000 B preferred capital stock.
• With 2 branches in Philadelphia.




Effective
date

Capital
stock
(common)

Jan. 26,1951

$35,000

Mar. 19,1951

2,000,000

Apr. 27,1951

500,000

May 25,1951

7,000,000

May 31,1951

800,000

June 11,1951

100,000

June 15,1951

5,687, 500

June 16,1951

50,000

June 30,1951

150,000

June 30,1951

5 100,000

Nov. 9,1951

300,000

36

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 7.—Consolidations of national banks, or national and State banks during the year ended Dec. 81, 1951, under act Nov. 7, 1918, as amended
Capital
stock
Union Trust Company, Providence, R. I.,1 with
and The Providence National Bank, Providence, R. I.
(No. 1302), which had
consolidated Jan. 8, 1951, under charter of the latter
bank (No. 1302) and title "The Providence Union
National Bank and Trust Company". The consolidated bank at date of consolidation had
The Seville State Bank, Seville, Ohio, with
and The Old Phoenix National Bank of Medina, Ohio
(No. 4842) which had
consolidated Apr. 21,1951, under the charter and title
of the latter bank (No. 4842). The consolidated
bank at date of consolidation had
Franklin Bank and Trust Company, Evansville, Ind.,
with
_
and Old National Bank in Evansville, Ind. (No.
12444), which had
consolidated May 1,1951, under the charter and title
of the latter bank (No. 12444). The consolidated
bank at date of consolidation had. _
United States Trust Company of Paterson, N. J., with—
and First National Bank and Trust Company of
Paterson, N. J. (No. 329), which had
consolidated Aug. 31,1951, under the charter and title
of the latter bank (No. 329). The consolidated bank
at date of consolidation had
.
The Ninth Bank and Trust Company, Philadelphia,
Pa.,* with
.1
.....
and The Philadelphia National Bank, Philadelphia,
Pa. (No. 539), which had
consolidated Sept. 21,1951, under the charter and title
of the latter bank (No. 539). The consolidated bank
at date of consolidation had
West New Brighton Bank, West New Brighton, New
York, N. Y., with....
and Staten Island National Bank & Trust Company
of New York, Port Richmond, Staten Island, New
York, N. Y. (No. 6198), which had
consolidated Oct. 31,1951, under the charter and title
of the latter bank (No. 6198). The consolidated
bank at date of consolidation had-.
_
Stockgrowers State Bank, Lander, Wyo., with.
and The First National Bank of Lander, Wyo. (No.
4720), which had
consolidated Dec. 8, 1951, under the charter and the
title of the latter bank (No. 4720). The consolidated
bank at date of consolidation had__
The Northwestern Loan and Trust Company, Kenosha,
Wis., with
and The First National Bank of Kenosha, Wis. (No.
212), which had
consolidated Dec. 31,1951, under the charter and title
of the latter bank (No. 212). The consolidated bank
at date of consolidation had
The Savings Bank of Williamsport, Md., with
and The Washington County National Bank of
Williamsport, Md. (No. 1551), which had
consolidated Dec. 31, 1951, under the charter of the
latter bank (No. 1551) and title "Washington
County National Savings Bank of Williamsport."
The consolidated bank at date of consolidation had..
Union Trust Company of Jamestown, N. Y., with
and The National Chautauqua County Bank of
Jamestown, N. Y. (No. 8453), which had
consolidated Dec. 28, 1951, under the charter of the
latter bank (No. 8453) and title "Chautauqua
National Bank & Trust Company of Jamestown."
The consolidated bank at date of consolidation had..

Surplus

$1,000,000

$2,230,000

$572,590

$93,516,394

2,000,000

3,250,000

1,532, 705

75,133,066

3,250,000
25,000

4, 750,000
50,000

2,585,295
55,417

168,649,459
1,232,989

500,000

500,000

274,848

14,769,095

550,000

550,000

305, 266

15,998,013

150,000

115,000

70,865

6,670,464

1,000,000

1,200,000

1,083,309

61, 590,288

1,200,000
600,000

1,400,000
1,200,000

1,019,174
799, 562

66,418,896
44,305,465

3,000,000

3,000,000

3, 933, 935

147,065,690

3,750,000

3,750,000

5,033,497

191,371,155

1,650,000

1,375,000

425,000

54,471,794

14,000,000

36,000,000

13,736,719

767,545,054

14,660,000

38,365,000

14,161,719

818,486,848

100,000

300,000

503,941

11,047,727

500,000

285,000

834,052

20,885,936

750,000
30,000

400,000
44,000

1,372,993
27,257

31,918,988
1,467,473

50,000

50,000

70,984

3,867,918
5, 296,533

Undivided
profits

75,000

75,000

83,383

60,000

75,000

87,868

600,000

1,200,000

1,004,361

44, 748,273

1,000,000
40,000

1,275,000
25,000

752,411
13,076

45,218,687
945,718

75,000

75,000

13,450

1,599, ^79

115,000
500,000

100,000
500,000

26,525
416,909

2,545,264
20! 212,150

500,000

500,000

604,641

1(5,383,945

1,000,000

1,000,000

1,021,549

36,596,094

1 With 2 branches in Providence and 1 each in Arctic, East Greenwich, and Woonsocket.
2 With 4 branches in Philadelphia.




Total

REPORT OF THE COMPTROLLER OF THE CURRENCY

37

TABLE NO. 8.—Number of domestic branches of national banks authorized during the
year ended Dec. 31, 1951
Branches authorized under act of Feb. 25,1927,
as amended

Charter
No.

Title and location
Local

14569

Birmingham Trust National Bank, Birmingham..

3728
14324

First National Bank cf Arizona, Phoenix..
The Valley National Bank of Phoenix

ARIZONA

CALIFORNIA

14609 Long Beach National Bank, Long Beach
5927 Citizens National Trust & Savings Bank of Los Angeles
2491 Security-First National Bank of Los Angeles
7279 The First National Bank of San Mateo County at Redwood City.—
10931 The American National Bank of San Bernardino
9174 The Anglo California National Bank of San Francisco
13044 Bank of America National Trust and Savings Association, San Fran2158

cisco
The First National Bank of San Jose.

335
1184
1249
2
4

The First National Bank and Trust Company of Bridgeport
The New Britain National Bank, New Britain
The First National Bank & Trust Company of New Canaan
The First National Bank and Trust Company of New Haven
The First-Stamford National Bank and Trust Company, Stamford.

1069

The National Metropolitan Bank of Washington

CONNECTICUT

DISTRICT OF COLUMBIA

_

GEORGIA

9617

The Fulton National Bank of Atlanta

5550

Bishop National Bank of Hawaii at Honolulu

THE TERRITORY OF HAWAII

IDAHO

14444

First Security Bank of Idaho, National Association, Boise

206
2188
12444
13818
7725
984
2234

The First National Bank of Elkhart
The Citizens National Bank of Evansville
Old National Bank in Evansville
Fort Wayne National Bank, Fort Wayne
Lincoln National Bank and Trust Company of Fort Wayne.
The Indiana National Bank of Indianapolis
The Merchants National Bank of Muncie

12961

The Peoples National Bank of Paducah..

4154
13655

The First National Bank of Lake Charles..
The Ouachita National Bank in Monroe. _.

INDIANA

KENTUCKY

LOUISIANA




Other
than
local

Total

38

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 8.—Number of domestic branches of national banks authorized during the
year ended Dec. 31, 1951—Continued
Branches authorized under act of Feb. 25,1927,
as amended

Charter
No.

Title and location
Local

3941
941

13745
1413

The First National Bank of Bar Harbor..
The Canal National Bank of Portland...
Baltimore National Bank, Baltimore...
The First National Bank of Baltimore.
MASSACHUSETTS

2504
2108
7279

The Brockton National Bank, Brockton
The Union Market National Bank of Watertown.
The Wellesley National Bank, Wellesley
MICHIGAN

13738
13820
191
14032
12953
1918

The Manufacturers National Bank of Detroit
The American National Bank of Kalamazoo
The First National Bank and Trust Company of Kalamazoo..
Michigan National Bank, Lansing
First National Bank in Plymouth
Second National Bank and Trust Company of Saginaw
NEVADA

7038

First National Bank of Nevada, Reno, Nevada
NEW JERSEY

12660
12205
329

The First National Bank of Bloomingdale
Passaic-Clifton National Bank and Trust Company, Clifton.
First National Bank and Trust Company of Paterson

12485
13814
14543

Albuquerque National Bank, Albuquerque.
First National Bank in Albuquerque
Santa Fe National Bank, Santa Fe_._

980
8453
13074
13955
13334
8194

12963
1392
13319
13882

The First National Bank of Glens Falls
,
Chautauqua National Bank & Trust Company of Jamestown._.
The National City Bank of Long Beach
First National Bank of New Rochelle
The Bayside National Bank of New York
The Richmond County National Bank of Port Richmond, Staten
Island, New York
Staten Island National Bank & Trust Company of New York, Port
Richmond, Staten Island, New York
The Fort Neck National Bank of Seaford
The Oneida National Bank and Trust Company of Utica...
Central National Bank of Yonkers
First National Bank in Yonkers
_

14291
13761
14527

National Bank of Commerce of Qastonia..
Security National Bank of Greensboro
First National Bank of Whiteville

NEW MEXICO

NEW YORK

NORTH CAROLINA




Other
than
local

Total

39

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 8.—Number of domestic branches of national banks authorized during the
year ended Dec. 31, 1951—Continued
Branches authorized under act of Feb. 25,1927,
as amended

Charter
No.

Title and location
Local

Other
than
local

94

59

Total

OHIO
3721
14501
24
4318
786
2604
13920
11831
4842
14565
7781
2350

Alliance First National Bank, Alliance..
The Canton National Bank, Canton
The First National Bank of Cincinnati-.
Central National Bank of Cleveland
The National City Bank of Cleveland.
The Winters National Bank and Trust Company of Dayt<
The Mansfield Savings Trust National Bank, Mansfield..
The National City Bank of Marion
The Old Phoenix National Bank of Medina
First National Bank of Middletown
The Security Central National Bank of Portsmouth
The Mahoning National Bank of Youngstown

12526
355
13998
12
13781
3987
2634
4938
312
539
6301
77
13196
104
2303

The Cheltenham National Bank, Cheltenham
The Delaware County National Bank, Chester
The County National Bank at Clearfield
The First National Bank of Erie
United States National Bank in Johnstown
The Conestoga National Bank of Lancaster
The Fulton National Bank of Lancaster
.
First National Bank of Meadville
The First National Bank of Media
The Philadelphia National Bank, Philadelphia
Mellon National Bank and Trust Company, Pittsburgh.
The First National Bank of Scranton
Upper Darby National Bank, Upper Darby
The Second National Bank of Wilkes-Barre
The Western National Bank of York

PENNSYLVANIA

RHODE ISLAND
1302

The Providence Union National Bank and Trust Company, Providence
,___
SOUTH CAROLINA

2044
13720
1935

The South Carolina National Bank of Charleston....
The First National Bank of South Carolina of Columbia..
The First National Bank of Greenville

13349
3032

Union Planters National Bank & Trust Company of Memphis.
First American National Bank of Nashv ille

TENNESSEE

1716
4635

The Citizens National Bank of Alexandria._
The First National Bank of Newport News..
WASHINGTON

6074
4375
14394
11280
12292
12246

First National Bank in Port Angeles
The National Bank of Commerce of Seattle
Peoples National Bank of Washington in Seattle.
Seattle-First National Bank, Seattle
The Puget Sound National Bank of Tacoma
The West Side National Bank of Yakima
Total (105 banks).




153

40

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 9.—Number and class of branches of national banks closed during the
year ended Dec. 31, 1951
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,
offices
Branches which were Total
which be- authorized converted
came
since Feb. or consolidated
branches
25, 1927
Feb. 25,
1927

CALIFORNIA

5927

Citizens National Trust & Sav- Board of directors
ings of Los Angeles.

9830

Suburban National Bank of
Silver Spring.

11347

The Braintree National Bank,
Braintree.

14641

Peoples National Bank of Bay Board of directors.
City.

12978

The First National Bank of
Stone Harbor.

Shareholders _.

MASSACHUSETTS

.do-

NEW JERSEY

,-do.

NEW YORK

Niagara County National
Bank and Trust Company,
Lockport.
13260 The National Safety Bank and
Trust Company of New
York.

Shareholders.
.do.

OHIO

32

The Second National Bank of
Cincinnati.

..do..

PENNSYLVANIA

542 Corn Exchange National Bank
and Trust Company, Philadelphia.
13175 The Northeast National Bank
of Philadelphia.

_do_.
.do..

RHODE ISLAND

12901

Rhode Island Hospital National Bank of Providence.
Total (11 banks)




..do..
42

47

TABLE N O . 10.—Principal items of assets and liabilities of national banks, by size of banks, according to deposits, Dec. 31, 1950 and 1951
[In thousands of dollars]
Deposits

Loans and securities

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

Real
estate
assets

4,698
1,093
28,618
5,101
65,518
10,462
562,403
91,108
2, 538,397 494,953
2,920,037
643,112
4,090,596
824, 411
3,026,203 598, 599
2,815,651
497,735
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

18, 586
iO8
83,224
424
177,976
1,253
1, 448,380
9,219
44, 542 6,324,527
52, 595 7,147, 231
79,505 9,746,358
66, 219 7, 540,113
7,384,867
67,089
177.985 23,150,837
209,603 34, 217,994

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

23.813,435

Number of
banks

Total

Loans and
discounts,
including
rediscounts
and overdrafts

Total
assets

Capital
stock

Surplus,
profits
and
reserves

Total

Demand

Time

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

12,089
6,298
40
59,921
26, 202
115
129,002
53,022
181
423,676
864 1,077.187
1,786 4,805,491 1,772,141
945 5, 484,027 1.920,878
604 7, 474,918 2,559,911
207 5,639, 594 2,014,702
97 5,347,484 2,034,098
108 16,511,099 7,339,045
18 25, 759,291 11,127, 507

_

16,151
1,198
1,201
14,261
73,370
3,998
5,727
56,677
159, 257
7,322
11,087
116, 211
43,544
87,315 1,314,630
949, 475
150, 597 336,346 5,824,444 4,034,919
147,112 346,298 6,630,817 4,526,458
197, 559 424,730 9,080,855 6,248,153
141,995 304,394 7,052,684 5,186,612
135, 235 278,879 6,922, 298 5,526,885
424,678 910,197 21,623,358 18,173,177
748,412 1,621,165 30,831,768 24, 500,098

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

708, 542 97,240,093 2,001,650 4,327,339 89, 529,632 69,332, 926 20,196, 706

1961
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




-

32
9,314
107
54,191
152
107, 905
809
985,655
1,763 4,679, 584
980 5, 529,827
655 7, 946, 474
218 5, 909, 446
100 5,450,012
110 16,837, 279
20 27,957,707

4,748
24,082
44, 530
397,469
1,754,029
1,993, 434
2,847,279
2, 211,623
2,132,841
7,449,698
13,564,044

3,600
966
25,344
4,765
54, 404
8,971
506,653
81, 533
2,419,439
506,116
2,877, 461 658, 932
4,162,394
936,801
3,039, 940 657,883
2,796,051
521,120
8,109,895 1, 277,686
11,161,162 3, 232, 501

5,835
23,856
41,890
361,088
1,585,768
1, 764, 960
2, 524, 563
2,024, 572
2,056,717
6,753,627
8,869, 282

4,946 75,467,394 32,423,777 35,156,343 7,887,274

26,012,158

15, 251
84
78, 503
407
151,031
1,152
8,768 1,356,441
45, 581 6,315,803
7,359, 633
56,646
92, 415 10, 582,738
71,995 8,025,101
68,455 7, 597,637
199,173 23,891,894
220,588 37,364, 528

992
1,055
3,727
5,404
5.839
9,696
40,361
83,199
148,133 344, 799
149, 969 363, 452
213, 409 461, 275
152, 568 322,829
141,225 285,515
426,362 932,181
822,760 1,755,368

13,187
69,186
135,222
1,228,853
5,808,105
6,822,801
9,857,961
7,499,452
7,117, 220
22,310, 571
33, 569,003

11,400
54,557
97,751
888, 211
4,067, 285
4,689, 224
6,807,328
5, 544, 510
5,641, 962
18,672,739
26,681,321

1,787
14,629
37,471
340,642
1,740,820
2,133, 577
3,050,633
1,954,942
1,475, 258
3,637,832
6,887,682

765, 264 102,738,560 2,105,345 4,564,773 94, 431, 561 73,156, 288 21, 275, 273

42

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 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 194.2 to 1951

Wntnhnr
•l^N H i l l Ut? IT

of

Banks with surplus
equal to or exceeding
common capital stock

Banks with surplus
less than common
capital stock

banks
Number
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.
June 30, 1951.
Dec. 31,1951.




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
4,953
4,946

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
4,242
4,324

Percent
41.41
43.35
44.91
48.24
51.09
54.64
58.67
as. 3i
66.12
70.44
72,48
75.29
76.34
79.31
80.17
82,96
83.34
85.32
85.65
87.42

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
711
622

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
14.35
12.58

43

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 12.—Dates of reports of condition of national banks, 1914 to 1951
[For dates of previous calls see report for 1920, vol. 2, table No. 42, p. 150]
Year
1914
1915
.
1916
1917 .
1918
1919
1920 1921
1922
1923
1924
1925
1926 . .
1927—J
1928
1929 .
1930
1931
1932
.
1933
1934
1935.
1936
1937 - .
1938
1939
1940...
1941
1942
1943
1944
1945
1946
1947
1948
1949
1950
1951

Jan.

Feb.

Mar.

Apr.

4
4
7
5
4
4

13

28
21

May

June

1
1
1
10
12
4
28
5

10
3
31
6
12
23
28
27
27
25
5
4
4
31
7
29
26
4
4
13
20
12
11
24
9

30
23
30
20
29
30
30
30
30
30
30
30
30
30
30
29
30
30
30
30
30
29
30
30
30
30
29
30
30
30
30
30
29
30
30
30
30
30

July

Aug.

Sept.

Oct.

12
2
12
11

Nov.

31
10
17
20
1
17
15

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

1

28
2
24
18
30
6
1
4
10

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

NOTES

Act of Feb. 25,1863, provided for reports of condition on the first of each quarter, before commencement
of business.
Act of June 3, 1864—First Monday of January, April, July, and October, before commencement of business, on form prescribed by Comptroller (in addition to reports on first Tuesday of each month showing
condition at commencement of business in respect to certain items; i. e., loans, specie, deposits, and circulation).
Act of Mar. 3, 1869, not less than 5 reports per year, on form prescribed by Comptroller, at close of business on any past date by him specified.
Act of Dec. 28, 1922, minimum number of calls reduced from 5 to 3 per year.
Act of Feb. 25,1927, authorized a vice president or an assistant cashier designated by the board of directors
to verify reports of condition in absence of president and cashier.
Act of June 16,1933, requires each national bank to furnish and publish not less than 3 reports each year
of affiliates other than member banks, as of dates identical with those for which the Comptroller shall
during such year require reports of condition of the bank. The report of each affiliate shall contain such
information as in the judgement 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. (5 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 9, JUNE 30, OCTOBER 10, AND DECEMBER 31, 1951
BY STATES AND TERRITORIES

45

210061—52

4




REPORT OF THE COMPTROLLER OP THE CURRENCY

47

Assets and liabilities of national banks, by States, at date of each call during year ended
Dec. 31, 1951
ALABAMA
[In thousands of dollars]
Apr. 9,
1951

J u n e 30,
1951

Oct. 10,
1951

Dec. 31,
1951

70 banks

70 b a n k s

70 b a n k s

70 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
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.

330,460
330,271
10
76,460
16,594

320,149
322,381
10
80,005
17,089

320,020
359,886
2
85,231
15,171

316,219
367,854
2
89,242
18,481

1,548
138,646
19,992

1,559
134,103
16, 753

1,569
136,765
23, 215

1,593
151,606
24,266

118,827
7,063
368

111, 187
7,051
348

128, 782
7,129
366

145,470
7,636
355

1,787
1,231
1,555

591
1,069
1,567
1,602

539
993
1,333
1,877

527
1,306
1,703
1,047

1,045,410

1,015,464

1,082,878

1,127,307

574,175

558,071

625,346

627,215

190, 246
10
37,129
88, 717
72,058
4,863
967,198
77S, 511
19S, 687

192, 653
10
31,363
84,348
64,064
7,685
9S8,194
741,978
196,216

195,415
10
25,409
70,335
79,563
6,823
1,002,901
#0S, 691
199,210

LIABIIITIES

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....

196,992
10
19,377
102, 657
92, 203
7,856
1,046, S10
845,009
201, S01

175

125

125

125

125

2,640
2,361
3,209
345

1,271
2,293
3,102
667

1,314
2,548
3,927
368

2,516
2,634
3,790
758

975,878

945,652

1,011,358

1,056,133

21,440
29,762
14,381
3,949

21,440
30,177
14,111
4,084

21,590
30,338
15, 566
4,026

21,590
31, 724
13, 757
4,103

CAPITAL ACCOUNTS

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

69,532

69,812

71, 520

71,174

1,045,410

1,015,464

1,082,878

1,127,307

150,179

146, 420

148,324

151,641

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes




48

REPORT OF THE COMPTROLLER OF THE CURRENCY

Assets and liabilities of national banks, by States, at date of each call during year ended
Dec. 31, 1951—Continued
ALASKA
[In thousands of dollars]
Apr. 9,
1951

June 30,
1951

Oct. 10,
1951

Dec. 31,
1951

5 banks

5 banks

5 banks

5 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
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
Income earned or accrued but not collected
Other assets
Total assets

15,156
31,375

' 15,065
32,525

15,142
35,477

835
127
9,775
4,391

974
128
14,145
3,666

1,513
56
21.668
5,934

1,663
296
16,217
5,276

2,065
291
27
5
50

2,852
352
21
6
97

3,216
366
49
3
430

2,857
458
7

58,450

_.

13,981
26,903

68,772

80,825

77,475

28,347

33,115

41,881

37,806

9,557
5
11,485
5,250
243
514
65,401
38,991
16,410

10,558
5
15,496
5,495
336
624
65,629
44,676
20,953

12,536
5
16,646
4,941
605
731
77,345
54,772
22,573

12,474
5
17,087
5,636
300
652
73,960
50,545
23,415

54
7

58
1

3
89
2

3
102
1

55,462

65,688

77,439

74,066

825
1,100
732
331

825
1,100
784
375

825
1,100
1,088
373

1,125
1.215
636
433

82

LIABILITIES

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

__

Bills payable, rediscounts, and other liabilities for
• borrowed money
Income collected but not earned
Expenses accrued and unpaid
_
_.
Other liabilities
.
Total liabilities
CAPITAL ACCOUNTS

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

_

_ _

Total liabilities and capital accounts

2,988

3,084

3,386

3,409

58,450

68;772

80,825

77,475

15,645

18,606

20,007

20,439

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes




REPORT OF THE COMPTROLLER OF THE CURRENCY

49

Assets and liabilities of national banks, by States, at date of each call during year ended
Dec. 31, 1951—Continued
ARIZONA
[In thousands of dollars]
Apr. 9,
1951

June 30,
1951

Oct. 10,
1951

Dec. 31,
1951

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 Reserve
bank

•-_-•

:

.,

Total assets_

11
16,033
9,555

167,894
108,578
24
16,531
8,558

177,883
87,965
30
15,425
8,944

178,957
107,679
35
15,903
8,035

411
38,096
6,755

411
37,392
6,723

538
38,349
8,774

551
36,409
9,890

34,971
4,281
807
1,117
552

24,870
4,607
861
1,325
723

28,098
4,846
830
1,262
1,013

46,132
5,147
803
1,308

383,609

_._^'

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

167,818

378,497

373,957

411,518

237,709

223,498

225,508

253,212

72,464
10
7,987
30,824
4,840
5,607
859, Ul
286,842
72,599

73,249
10
7,860
37,678
5,076
4,347
851,718
278,284
78,484

72,584
10
6,384
31,737
4,691
4,655
845,569
272,050
78,619

75,837
10
4,721
37,198
6,367
5,882
888,227
806,855
76,872

3,230
1,516
778

3,069
1,536
103

3,249
2,143
741

3,094
2,110
281

364,965

356, 426

351,702

388,712

700
5,325
6,025
7,670
3,946
1,003

700
7,075
7,775
10,170
3,115
1,011

103,202

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

700
7,075
7,775
10,170
3,305
1,005

7,475
7,475
12,200
3,131

22,071

22,255

22,806

378,497

18,644

Total liabilities and capital accounts

373,957

411, 518

68,474

59,116

64,369

MEMORANDUM

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




61,209

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, 1951—Continued
ARKANSAS
[In thousands of dollars]
Apr. 9,
1951

Oct. 10,

Dec. 31,

52 banks

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

June 30,
52 banks

52 banks

52 banks

1951

1951

1951

115,844
158,462

122,097
152,293

125,919
157,002

118,334
176,118

37,784
7,189

7,017

6,813

41,936
8,141

723
53,721
7,704

727
54, 552
6,245

735
56,632
8,613

744
60,664
9,172

62,498
2,282
5

59, 652
2,274
5

71,492
2,363

84,024
2,346
4

63

293
191

101
1
211
221

342
206

446,648

Total assets .

43

222
171

444,099

469,406

502,145

270,499

265, 263

281,845

302,454

56,905
29
9,179
33, 674
39,766
2,728
412,780
855,108
57,672

57,376
29
7,117
39, 214
38,028
2,992
410,019
851, 590
58,429

57,488
39
5,641
43,039
44, 243
2,086
484,881
876,116
58,265

59,060
39
5,978
41,918
54,070
3,660
467,179
407,247
59,982

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.K
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..

50
910
800
7

835
820
231

1
975
841
7

875
616
239

414,497

411,905

436, 255

468,909

150
10,105

150
10,155
10,805
13,412
7,060
1,417

150
10,155
10, SOS

150
10,330
10, 480
13, 679
7, 564
1,513

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.

10,255
13,062
7,461
1,373

13,419
8,003
1,424

32,151

32,194

33,151

33,236

446, 648

444,099

469,406

502,145

24,709

26,012

26,019

28,542

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, 1951—Continued
CALIFORNIA
[In thousands of dollars]
Apr. 9,
1951

J u n e 30,
1951

Oct. 10,
1951

Dec. 31,
1951

93 banks

94 b a n k s

93 b a n k s

93 banks

4, 588,192
3, 273,348
627
619,052
278, 732

4,729,907
3,448,211
842
609, 927
289,480

4,857,616
3, 539,395
6,127
612,984
290,154

5,043,926
3, 793,940
7,040
603, 297
320, 225

23,606
1, 297,089
'86, 675

23,881
1, 281, 501
82, 557

24,057
1,343,952
96,852

24,154
1,277,680
107,035

664,858
79,592
1,390

693,225
81,153
1,556

738, 213
82,389
1,177

899,453
82, 293
1,638

25, 770
21,422
27,417
12,219

25,448
16,841
31,962
16,054

25, 288
19,925
27, 278
8,527

25,146
21,001
32,453
17,293

10,999,989

11,332, 545

11, 673,934

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

12, 256, 574

LIABILITIES

Demand deposits of individuals, partnerships, and
4, 676,367
corporations
Time deposits of individuals, partnerships, and cor3,763, 258
porations
235
Postal savings deposits
292, 255
Deposits of U. S. Government
815,325
Deposits of States and political subdivisions
366,905
Deposits of banks.
199, 702
Other deposits (certified and cashiers' checks, etc.)
Total deposits
, 10,114,047
5,842,068
Demand deposits..
4,271,979
Time deposits
Bills payable, rediscounts, and other liabilities for bor1,500
rowed money
...
Acceptances executed by or for account of reporting
24,393
banks and outstanding
__
27,919
Income collected but not earned
75,959
Expenses accrued and unpaid
94,320
Other liabilities.
Total liabilities

4, 695,454

5,202,827

5,469,069

3,873,489
236
380, 201
934,831
373,044
202, 266
10,459,521
6,062,624
4,396,897

3,981,128
237
219,794
691,691
409,943
192,481
10,698,101
6,215,423
4,482,678

4,074,143
237
169,680
918, 204
449, 273
245,806
11,326,412
6, 747,198
4,579,214

19,103
23,995
56,879
79,672

21, 756
26, 258
81, 797
113,625

24,162
26,258
69,359
103, 563

10,338,138

10,639,170

10, 977, 587

11,549, 754

625
238,188
238,813
266,967
143,487
12,584

625
243, 748
244,373
270, 723
166, 252
12,027

247,498
274, 281
162,184
12,384

600
246,923
247,523
286,462
162,418
10,417

661,851

693,375

696,347

706,820

10,999,989

11,332, 545

11,673,934

12,256,574

1,607,066

1, 741,423

36,050

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.
_




1, 558, 587

1,687,196

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. 31, 1951—Continued
COLORADO
[In thousands of dollars]
Apr. 9,
1951

June 30,

Oct. 10,

Dec. 31,

1951

1951

1951

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 t han bank premises
Income earned or accrued but not collected
Other assets

263,837

282,628
416,535

300,476
392,984

26,859
14,253

25,828
14,240

27,466
13,267

27,335
13,816

1,291
129,241
13,188

1,295
128,263
11,311

1,304
138,025
14, 243

1,314
138,012
13,097

119,219
2,670
72
1,403
494

116,293
2,715
78
1,628
532

146, 271
2,962
77
1,538
341

141, 523
2,995
90
1,617
438

957,392

955,589

1,044,657

1,033,697

571,092

571,925

620,134

632,156

158,996
10
35,927
54,841
67,148
7,120
895,134
784,047
161,087

160,853
10
35,193
54,588
61,965
7,483
892,017
722,449
169,568

171,166
10
37,696
54,365
88,975
7,341
979,687
799, 741
179,946

175,895
10
22,617
46,840
80,168
10,464
968,150
782,901
185,249

25
705
2,342
80

500
681
2,773
62

261
707
81

411
726
3,320
124

898,286

896,033

983,605

972, 731

16,155
26,926
12,169
3,856

Total assets.

264,563
384,139

16,230
27,018
12,473
3,835

16,230
27,196
13,669
3,957

16,230
27,738
13,119
3,879

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 liabilitiesCAPITAL ACCOUNTS

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

_

59,106

_.

59, 556

61,052

60,966

957,392

955,589

1,044,657

1,033 697

108,905

117,669

128,613

117,309

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, 1951—Continued
CONNECTICUT
[In thousands of dollars]
Apr. 9,
1951

Total assets

_.

Oct. 10,
1951

Dec. 31,
1951

47 banks

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

June 30,
1951
47 banks

47 banks

48 banks

245, 878
325,394
12
75,280
20,403

247, 222
323, 495
12
80,801
21, 504

249, 765
324, 540
12
85.351
21,864

246,602
354,898
12
82, 527
20,105

1,407
99,355
20,628

1,423
94,390
15, 058

1,432
92,831
22,695

1,442
95,345
25, 403

87, 648
9,202
417

95,148
9, 669
190

80, 941
9,990
211

140, 630
10, 204
211

123
780
667

91
114
1,041
539

97
161
819
509

2
159
1,031
580

887, 289

890, 697

891, 218

979,151

523, 478

533, 741

534, 080

616, 531

172, 255
15
42, 760
31, 884
19, 707
29,350
819, 449
645, 074
174,875

173, 872
15
41, 453
32, 800
17,197
24,189
828, 267
647,872
175, 895

178,124
15
34,336
36,666
20,828
17,805
821, 854
641, 781
180,123

177,032
15
21, 815
34, 844
23. 579
36,002
909, 818
780. 697
179,121

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

500

1.100

100

123
1,800
2,415
900

114
1, 758
2,767
876

161
1,817
3,227
440

159
1,975
3,477
935

826, 487

Total liabilities

1,800

829. 282

828, 599

916, 464

21, 546
24, 458
11, 814
2,984

21.983
24,837
11,393
3,202

21,983
24, 842
12,523
3,271

22,133
25,113
11, 902
3.539

CAPITAL ACCOUNTS

Capital stock: Common stock
Surplus
Undivided profits
_
^Reserves

._.

Total capital accounts.
Total liabilities and capital accounts

60,802

61, 415

62. 619

62, 687

887,289

890, 697

891, 218

979,151

85, 698

92,145

95, 624

91, 665

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
othei- purposes




54

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, 1951—Continued
DELAWARE
[In thousands of dollars]
Apr. 9,
1951

June 30,
1951

Oct. 10,
1951

Dec. 31,
1951

13 banks

13 banks

13 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.
Real estate owned other than bank premises
Income earned or accrued but not collected
Other assets
_
Total assets

_

_

15,299
17,901

15,194
19, 794

16,381
20,553

11,585
13, 585

1,594
1,370

1,825
1,391

2,251
1,416

1,463
1,221

148
4,786
1,027

148
5,202
881

148
5,934
1,221

117
3,916
949

3,587
581
5
3
28

3,378
618
3
11
54

3,905
659
3
3
54

2,366
508
4
4
40

46,329

48,499

52,528

35,758

22,867

22,929

24, 755

18,387

12, 789

12,957

13,185

11,484

603

361
219

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

928

2,859
521
422
40, S86
27,534
12,852
8
1

637

4,867
641
517
42,548
29,521
. 13,027

6,664
731
531
46,469
S3,220
is, 249

5

8

1
35

472
SO, 923
19, S51
11, 572

1
33

40,395

42, 589

46, 477

30,957

1,710
3,206
941
77

1,710
3,211
904
85

1,710
3,212
1,027
102

1,260
2, 659
797
85

CAPITAL ACCOUNTS

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

.. .

Total liabilities and capital accounts

5,934

5,910

6,051

4,801

46,329

48,499

52, 528

35, 758

2,225

2,673

2,674

I, 111

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. 31, 1951—Continued
DISTRICT OF COLUMBIA
[In thousands of dollars]
Apr. 9,
1951

Oct. 10,
1951

Dec. 31,
1951

9 banks

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

June 30,
1951

9 banks

9 banks

9 banks

198, 849
325, 413

193, 875
344, 995

199,131
359, 792

3.401
20,116

3,396
17,392

6,547
18, 282

6,701
20, 786

982
116,335
13, 785

982
117,326
11, 728

1,000
117, 443
13, 849

1,000
125,166
17, 729

62, 597
7,541
707
362
682

53, 508
7,868
545
366
360

67, 677
8,007
544
353
443

76, 641
8,145
531
408
349

749. 225

Total assets.

195, 576
327,141

737, 733

773, 015

816,379

511,121

508, 504

529, 723

569, 635

1,025
25, 775
129
46, 044
12,030
692,373
590, 082
102, 291

102, 680
1, 025
21, 585
115
57, 593
13, 609
726,330
620, 025
106, 305

99, 531
1,025
17, 662
136
58,828
23,058
769, 875
662, 702
107,173

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..

99,863
1,025
27,529
153

44, 853
18, 886
70S. 430
600, 292
103,138
2,000

400

494
1,944
703

12
455
2,523
600

457
2,753
818

440
3,018
790

708, 571

696,363

730,358

774,123

12, 450
20,300
6,708
1,196

12, 450
20,300
7,477
1,143

12, 700
20, 650
7,966
1,341

12, 700
20,650
7,676
1,230

CAPITAL ACCOUNTS

Capital stock: Common stock..
Surplus
Undivided profits
Reserves

Total capital accounts
Total liabilities and capital accounts

40,654

41,370

42, 657

42, 256

749, 225

737, 733

773,015

816,379

54, 529

54, 604

53,112

48, 570

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes




56

REPORT OF THE COMPTROLLER OF THE CURRENCY

Assets and liabilities of national banks, by States, at date of each call during year ended
Dec. 81, 1951—Continued
FLORIDA
[In thousands of dollars]
Apr. 9,
1951

June 30,
1951

Oct. 10,
1951

Dec. 31,
1951

63 banks

63 banks

63 banks

63 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..

_..

318,840
683,156
7
77,236
16,188

315,224
662,050

355,854
642,657

82,309
17,485

313,175
638,297
7
86,370
17,698

2,121
185,792
26,063

2,124
169,962
22,338

2, 218
167,456
26, 255

2, 213
171, 580
31,439

220,575
14,786
317

186,844
16,347
613

197,245
17,050
451

247,676
17,623
426

431
2,746
945

29
39
2,099
1,449

115
4
2,852
896

1,479,425

1,469,838

1,582,220

862,344

916,304

135
11
2,449
1,550,375

90,182
18. 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
Acceptances executed by or for account of reporting
banks and outstanding
Income collected but not earned
Expenses accrued and unpaid
Other liabilities
Total liabilities.....

910,539
206,449
66
34, 273
151,960
134,998
13,575
1,451,860
1,241,628
210, SS2
200

208,799
66
32,769

213, 744
66
25,991
126, 743
132,064
125,071
15, 758
11,098
1, S80,064 /, S65,057
1,16S, 892 1,14S, 098
216,172
221,959

217, 279
66
24,000
150, 462
149, 781
18,983
1,476, 875
1,251,187
225, 688

200

750

300

2,770
4,353
565

39
2,982
5,677
278

4
3,069
5,049
834

1,459,639

1,387,952

1,374, 783

1,486,131

29,875
40,670
13,204
6,987

29,875
41,118
13,448
7,032

30,425
41, 726
15,811
7,093

31,375
44,477
13,195
7,042

11
2,757
4,523

CAPITAL ACCOUNTS

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

90,736

91,473

95,055

1,550,375

1,479,425

1,469,838

1,582, 220

330,916

318,071

334,814

?*54,072

MEMORANDUM

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




REPORT OF THE COMPTROLLER OF THE CURRENCY

57

Assets and liabilities of national banks, by States, at date of each call during year ended
Dec. 31, 1951—Continued
GEORGIA
[In thousands of dollars]
Apr. 9,
1951

June 30,
1951

Oct. 10,

51 banks

51 banks

51 banks

1951

Dec. 31,
1951

51 banks

Loans and discounts (including overdrafts)
U. S. Government securities, direct obligations.._
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve

430,861
250, 597

421, 206
259, 238

399,077
323, 414

396, 991
360, 036

16,173

50, 866
15, 278

52, 925
15. 262

49, 995
15, 200

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 t h a n bank premises
Customers' liability on acceptances outstanding
Income earned or accrued b u t not collected
Other assets

1,551
140, 212
16,231

1.473
135, 231
12,174

1, 542
147, 679
19, 519

1,542
152,367
19, 214

123, 759
10, 407
458
11
1,400
1,090

151, 046
10, 993
374
40
1,668
1,072

152, 559
11, 549
364

196,239
12,290
208

1,525
1,025

1,854
747

1,041.430

1,060,659

1,126,440

1, 206,683

573,134

577,183

617, 933

635, 750

145,982
230
46, 710
66,981
133, 297
3,855
970,189
821, 281
148, 958

147, 970
430
41,174
89,301
128,334
4,028
988,420
887,824
151, 096

Total assets.
LIABILITIES

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

Total liabilities

.

147, 808
430
31, 266
79,322
169,180
4.384
1,050,828
896, 809
158,514

147,352
888
29, 871
107, 267
193,120
16, 709
1,130, 957
976, 622
154, S35

350

550

300

11
4.383
3,256
92

40
4,273
3,258
926

4,582
4.064
168

4,531
4,011
' 878

978, 281

997, 467

1,059, 437

1,140,377

21,173
28,562
9,480
7,788

21,173
28.638
7,862
8,633

CAPITAL ACCOUNTS

Capital stock: Common stock..

Surplus

Undivided profits
Reserves

__
_

Total capital accounts
Total liabilities and capital accounts

19, 948
27, 431
8, 265
7,505

19, 973
27, 462
7,993
7,764

63,149

63,192

67,003

66,306

1, 041. 430

1,060, 659

1,126, 440

1, 206,683

139,352

149,129

151, 705

150, 574

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
othef 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. 31, 1951—Continued
THE TERRITORY OF HAWAII
(In thousands of dollars]
Apr. 9,
1951

June 30,
1951

Oct. 10,
1951

Dec. 31,
1951

lbank

1 bank

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.
_
___

84,909

88, 975
56, 790

89, 951
54, 691

8,119
2,672
1
15, 961
11,145

8,266
2,671
1
14,178
12,978

8,245
2,491
1
11,958
14, 722

8,092
2,491
1
11,938
15, 269

5,455
2,413
43
13
541
409

6, 543
2,431
31
10
441
676

4,367
2,553
31
11
470
385

8,391
2,528
19
26
449

194,363

191,318

190,999

194,134

49,566

51,316

55,355

59, 569

86,954
10
25,671
14, 522
1,465
2,254
180, 442
91,695
88, 747

84, 646
10
23,615
14, 796
1,061
2,458
177,902
90,828
87,074

83,362
10
21, 276
13, 268
1,577
1,600
176, 448
90,241
86,207

10
20,917
12,896
2,138
1,689
179,917
94, 761
85,156

792
30

11
91
728
120

26
95
781
251

181,439

178,823

177,398

181,070

4,000
5,000
1,748
2,176

Total assets.

54, 793

4,000
5,000
1,319
2,176

4,000
5,000
2,025
2,576

4,000
6,000
888
2,176

LIABILITIES

Demand deposits of individuals, partnerships, and
corporations
_.
Time deposits of individuals, partnerships, and corporations
_
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
_.
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for
borrowed money
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
80
618

CAPITAL ACCOUNTS

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

_

Total liabilities and capital accounts

12,924

12,495

13,601

194,363

191,318

190, 999

69,234

62,630

62,501

13,064
194,1

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes




56, 958

REPORT OF THE COMPTROLLER OF THE CURRENCY

59

Assets and liabilities of national banks, by States, at date of each call during year ended
Dec. 31, 1951—Continued
IDAHO
[In thousands of dollars]
Apr. 9,
1951

Dec. 31,
1951

13 banks

13 banks

13 banks

127,661
129,458
8
7,216
557

130,390
124,827
8
7,036
556

130,461
143, 726
489
7,249
1,045

126,896
159, 075

413
34,268
4,855

413
34, 248
4,556

420
40, 928
5,225

421
38, 575
5,535

24,879
3,070
36
10
303

23,109
3,149
24
6
134

27,490
3,226
24
12
339

29,806
3,104
24
45
144

332, 734

Total assets

Oct. 10,
1951

13 banks

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

June 30,
1951

328,456

360, 634

373,065

184, 286

177,174

210,038

210, 203

76,038
1,011
8,566
37, 628
3,627
2,363
SIS, 569
285,777
77, 792

77,405
1,011
7,496
40,847

82,152
1,011
6,467
31, 799
4,111
2,476
254,198
8S, 856

85,373
11
4,536
44,941
4,420
2,888
852,817
266,2U
86,078

499

7,798
1,143

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.

1,992
508,621
229,512
79,109

SS8,054

503
898
73

481
1,232

2,500
537
1,025
36

527
1,337
161

315,043

310,414

342,152

354,342

6,800
6,800
7,182
3,913
587

6,800
6,800
7,795
3,575
553

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
6,800
6,805
6, 965
3,315
606

6,800
6,800
7,182
3,450
610

17, 691

18,042

18, 482

18,723

332, 734

328,456

360,634

373,065

79,892

81,388

79,143

80,253

MEMORANDUM

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




60

REPORT OF THE COMPTROLLER OF THE CURRENCY

Assets and liabilities of national banks, by States, at date of each call during year ended
Dec. 31, 1951—Continued
ILLINOIS
[In thousands of dollars]
Apr. 9,
1951

384 banks

384 banks

2, 675,085
3,923,194
14
436,016
247,637

2, 734, 997
4,075,071
13
430, 651

2, 896,004
4,006,156
107
435,462
237, 926

2, 995, 538
4,173, 746
7
447,106
242, 058

15,060
1,497, 612
82,328

15, 246
1,477, 572
73,841

15, 279
1, 576, 446
92, 878

15,607
1, 607,314
97, 605

741, 598
33,655
202

856, 903
33, 884
222

879, 048
33,994

1, 053, 222
34,169

794
4,886
18,634
7,461

807
4,432
18, 800
22,541

4,384
17, 410
6,358

1,053
5,758
19, 697
6,838

9,684,176

Total assets.

Oct. 10,
1951

384 banks

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

June 30,
1951

9, 993, 928 10, 202, 780

10, 700,057

4, 940,396

5,159, 614

5,325,100

5, 811, 461

1, 964, 764
81
541,888
478,324

2, 016, 893
82
493, 541
580, 713

74, 432
8,996, 577
6,919, 679
2, 076, 898

75, 916
9,309, 453
7,177,247
2,132, 206

2,026, 070
110
319, 665
547,175
1, 203, 264
70,143
9, 491, 527
7,339, 619
2,151,908

2, 075, 241
630
258,099
496, 638
1, 253, 782
87, 596
9, 983, 447
7, 774,667
2,208, 880

5,400

150

6,100

6,323
13,358
29, 487
9,399

4,728
13,481
24, 217
8,397

5,606
14,279
35,359
5,444

6,901
13, 933
33,487
9,948

9,060, 544

9,360,426

9, 558,315

10,047,781

1,534
15
212, 968
214,517
280, 975
75, 610
52,530

1,519
15
213,418
214,952
287,126
79,590
51,834

1,519
15
213, 458
214,992
288, 550
89,056
51, 867

1,519
15
230, 023
231, 557
283,006
86,649
51, 064

633,502

Dec. 31,
1951

339

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-

65

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

644,465

652, 276

9, 684,176

9, 993, 928 10, 202, 780

10, 700,057

1,189, 847

1,190, 756

Total capital accounts...
Total liabilities and capital accounts
MEMORANDUM

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




1,011,958

972, 793

REPORT OF THE COMPTROLLER OP THE CURRENCY

61

Assets and liabilities of national banks, by States, at date of each call during year ended
Dec. 81, 1951—Continued
INDIANA
[In thousands of dollars]
Apr. 9,
1951

Dec. 31,
1951

125 banks

125 banks

125 banks

465,345
857,275
22
79,356
40,827

476,343
857,468
22
80,241
40,011

486,817
870,109
22
83,256
40,496

491,840
896,275
22
83,639
38,766

2,533
224,073
34, 553

2,550
226, 578
29, 512

2,618
238,118
38,923

2,643
232,581
45,040

178, 489
12, 29745

219, 228
12, 939
47

209, 568
13,329
50

278,036
13,389
93

2,667
1,505

2,715
1,401

6
14
2,607
1,384

25
79
2,937
1,625

1,898,993

Total assets..

Oct. 10,
1951

125 banks

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

June 30,
1951

1,949,061

1,987,317

2,086,990

949,029

982,079

1,026,343

1,119,246

437,414
344

447,670
346
63, 554
212,127
91,720
29,658
1,827,154
1,875,813
451, 841

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 liabilties.

77,490

200,082
86,282
27,877
1,778,518
1,SS7,9U
440,574
400

200

3,075
3,226

3,071
3,628
1,074

1,785,902
55
32,710
82,765
51,256
24,015
5,055

463,233
457,020
354
346
48,012
38,256
177,328
180, 586
127,100
124, 546
22,754
33,752
1,859,-607 1,959,269
1,898,991 1,491,813
467,956
460,616
200
14
3,463
3,978

79
3,550
4,475
1,178

1,835,127

1,867,860

1,968, 551

55
32,910
82,965
52,097
23,629
5,243

55
33,700
88,756
53,237
27,345
5,120

55
33,700
88 755
54,376
24,824
5,484

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.

113,091

113,934

119,457

118,439

1,898,993

1,949,061

1,987,317

2,086,990

122,868

126,380

125,764

114,982

MEMORANDUM

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

210061—52-




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. 81, 1951—Continued
IOWA
[In thousands of dollars]
Apr. 9,
1951

June 30,
1951

Oct. 10,
1951

Dec. 31,
1951

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 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

233,123
302,413

239,165
295,699

251,767
280,730

70,352
19,338

70,868
19,193

72,528
19,095

71,485
17,788

1,055
102,993
11,747

1,068
106,336
10,474

1,086
108,343
12,836

1,097
103,959
12,378

110,117
3,697
22

99,047
3,924
29

109,699
4,134
29

113,029
4,219
23

1,236

1,047
431

1,230
1,056
594

1,220
1,157
530

1,194
1,174
618

860,076

849,355

865,521

859,461

412,748

412, 702

433,389

437,575

144,558
51
27,098
99,955
118,442
5,654
808,506
661.291
147,215

146,302
51
22,194
103,677
106,444
5,747
797,117
648,1S9
148,978

147,759
51
22,740
95,806
104,214
6,884
810,84S
660, SS2
150,511

149,091
52
16,696
77,519
112,003
11,013
804,849
659,992
161,857

724
1,104

688
1,040
46

796
1,420
7

207

810.343

798,891

813,066

807,314

14,028
21,130
11,699
2,876

Total assets.

231,697
306,344

14,353
21,596
11,500
3,015

14,398
21.806
13, 111
3,140

14,448
22,415
12,365
2,919

LIABILITIES

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

100

CAPITAL ACCOUNTS

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

._

Total liabilities and capital accounts

49,733

50,464

52,455

52,147

860,076

849,355

865,521

859,461

61,537

61,809

71,842

54,898

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes




REPORT OF THE COMPTROLLER OP THE CURRENCY

63

Assets and liabilities of national banks, by States, at date of each call during year ended
Dec. 31, 1951—Continued
KANSAS
[In thousands of dollars]
Apr. 9,
1951

June 30,
1951

Oct. 10,
1951

Dec. 31,
1951

174 banks

174 banks

174 banks

174 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

_

277,558
332, 956
96
65.112
25,263

268, 990
335,991
103
64,457
25,898

271,840
367, 526
103
61, 732
21, 999

281.040
390,177
95
64,393
21, 558

1.449
124, 766
11,370

1,279
131, 752
10, 266

1,292
133, 028
12,189

1,303
152,189
12, 540

124, 567
4,588
64

113, 218
4,761
63

150,076
4,862
74

177,114
4,695
117

93

948
860

93
866
732

839

130
1,011
606

969,690

958. 469

1,026,539

565, 544

558,138

633, 841

652,513

80,472
41
32,373
148,159
71,467
10,344
908,400
823.674
84,726

82, 249
41
27, 208
150, 701
70, 767
7,145
896,2$
809, 745
86,504

86, 711
41
24,320
123,990
85,962
6.820
961, 685
870,171
91, 514

88,924
41
20,387
167, 731
104,866
8,171
1,042, 633
948, 986
93, 647

50
977
1,839
163

215
985
1,836

1,077
2,367

50
988
2,206
211

911, 429

899, 578

965, 217

1,046, 088

20,045
22,483
14,312
1,421

20,120
22, 735
14, 472
1,564

20,120
23,046
16, 650
1,506

20,120
23,912
15, 229
1,619

1,106, 968

LIABILITIES

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

Bills payable, rediscounts, and other liabilities for
borrowed money
Income collected but not earned
Expenses accrued and unpaid
Other liabilities
Total liabilities
CAPITAL ACCOUNTS

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

_

Total liabilities and capital accounts

58, 261

58, 891

61,322

60,880

969, 690

958, 469

1,026, 539

1,106,968

173,392

172,038

185, 225

196, 595

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes




64

REPORT OF THE COMPTROLLER OF THE CURRENCY

Assets and liabilities of national banks, by States, at date of each call during year ended
Dec. SI, 1951—Continued
KENTUCKY
[In thousands of dollars]
Apr. 9,
1951

Oct. 10,
1951

Dec. 31,
1951

92 banks

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

June 30,
1951
92 banks

92 banks

93 banks

197, 508
262, 741
4
22,947
13,617

199,236
4
23,674
13,021

202,142
295, 633
4
23,197
12,399

1,115
81. 219
12,889

1,120
78.855
11,154

1,154
82,880
16,057

1,170
89,483
16.956

67,642
4.938

66,130
4,973
5

68,076
4,917
189

126,679
4,890
210

41
141
722
314

41
506
759
429

40
159
850
344

665,706

Total assets..

196,501
262,107
4
22,886
15,268

660,272

677,871

774,156

415,597

405,553

426, 294

493,011

105,561
16
22,391
34,902
33,528
3,550
615, 545
509, 063
106, 482

105,944
16
19,819
39, 889
33,978
4,215
609,4U
498,550
110,864

106,908
16
12,309
40,590
32,900
5,701
624,718
511,874
112, 844

106,467
16
14,344
45, 759
55, 870
5,918
721, 385
609, 004
112,381

41
716
374

.

LIABILITIES

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

250
1006
1,136
314

410

310

55

141
993
1,297

506
1.018
1,705
490

159
1,014
1.530
724

496

618, 251

612, 751

628, 747

724,867

14,375

14,475

9,213
1,474

8,508
1,540

14, 580
23,107
9,925
1,512

15,080
23,871
8,767
1,571

CAPITAL ACCOUNTS

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

47,521

49,124

49.289

660, 272

677,871

774, U56

65.031

64,365

67,075

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes




61, 473

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. 31, 1951—Continued
LOUISIANA
[In thousands of dollars]
Apr. 9,
1951

Oct. 10,
1951

Dec. 31,
1951

36 banks

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

June 30,
1951
36 banks

36 banks

36 banks

321,277
503,082

321,687
535,647

333,877
561,378

74,541
9,452
2,158

75,546
10,242
2,178

74,895
9,370
2,179

73,971
9,385
2,194

180,522
17,001

168,822
13,814

178,491

217,950
20,139

142, 556
10, 588
299

164, 910
10,443
274

167,409
10,565
274

229,058
11,045
148

570
5,848
2,565
2,104

3,019
2,987
1,721

565
4,654
2,226
1,837

576
5,696
3,234
1,245

1,282,234

Total assets..

504,677

1,278,878

1,329,835

1,469,896

657,530

655,102

687,927

760,955

181, 579
44
28,682
179,436
143,469
11,318
1,199,6S0
1,016,109
183,521

181,661
44
22,967
170,378
174,907
8,105
1,U5,989
1,062,299
183,690

185,193
44
179, 234
218, 275
16,103
1,382,833
1,192,658
190,175

1,234
3,066
294

3,518
1,178
4,151
579

6,484
1,215
3,916
213

8,920
1,187
4,973
874

1,213,168

1,209,056

1,257,817

1,398, 787

19,338
34,582
14,361
785

19,588
35,037
14,190
1,007

19,588
35,185
16,426
819

19,588
36,346
14, 550
625

72,018

71,109

1,282,234

1,278,878

1,329,835

1,469,896

270,875

262,664

282,224

287,158

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

180,334
44
33,087
168,153
152,273
10,287
1,201,708
1,019, 461
182,247

23,029

CAPITAL ACCOUNTS

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

69,066

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. 81, 1951—Continued
MAINE
[In thousands of dollars]
Apr. 9,
1951

June 30,
1951

Oct. 10,
1951

Dec. 31,
1951

32 banks

32 banks

32 banks

32 banks

ASSETS

81,027
86,522
30
13,124
11,746

82,713
89,115
30
12,122
11,394

84,900
88,421
30
11,531
11,360

634
23,036
5,185

612
23,300
5,287

617
24,567
6,740

621
24,038
6,957

20,381
1,201
70

18,175
1,279
72

20,701
1,330
82

25,593
1,322

265
169
219

256
219
182

274
170
223

265
235
270

241,831

250,078

255, 609

111, 415

115,590

121,426

126,938

78,325
6
7,515
6,921
5,981
977
211,140
182,690
78,450

78,277
6
6,375
6,927
5,719
3,004
215,898
1S7,475
78,428

79,870
6
4,638
9,602
6,830
1,718
224,090
144,078
80,017

79,814
6
3,966
10,279
5,829
2,861
229,698
149,774
79,919

450
452
365
196

500
473
391
384

519
427
230

516
441
373

212, 603

Total assets

78,494
84,977
11
10,571
11,758

236,971

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

217,646

225, 266

231,023

9,090
9,328
4,968
982

9,090
9,456
4,726
913

9,240
9,464
5,203
905

9,240
9,612
4,713
1,021

LIABILITIES

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

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

_...-.
_

Total capital accounts
Total liabilities and capital accounts

24,368

24,185

24,812

24,586

236,971

241,831

250,078

255,609

17,717

17,228

18,396

17,436

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. SI, 1951—Continued
MARYLAND
[In thousands of dollars]
Apr. 9,
1951

June 30,
1951

Oct. 10,
1951

Dec. 31,
1951

61 banks

59 banks

59 banks

59 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

183, 592
337, 663
8
19,490
14, 791

191, 669
355. 051
3
22, 781
14, 557

198,601
339, 414
3
27,863
24, 479

1,266
93, 939
13,403

1,222
97, 804
10, 419

1,233
106, 548
15, 289

1,234
101,357
15, 651

82,595
5,382
61

80,116
5,066
56

81, 708
5,264
56

108,620
5,320
34

529
323
1,303
1,197

546
270
874
563

538
377
1,199
670

535
98
951
1,368

777,109

752, 480

796, 943

825,528

400, 007

393, 613

416, 404

452, 053

160,395
5
34,356
62,396
58, 530
3,009
718,698
553,864.
164.834

152, 925

154, 807

154, 795

31, 543
58, 691
56, 958
2,572
696.302
537,421
158,881

26,199
61.806
76,841
2.959
739,016
578.085
160,931

21,088
54,841
81, 974
2,993
767,744
607,134
160, 610

500

200

323
641
725
30

270
701
728
461

377
713
830
32

739
893
715

721,017

698, 462

741, 4(?8

770,389

15,020
27,348
10,116
3,608

Total assets

190,473
349,525
13
18,937
18,163

14, 220
26,634
9,339
3,825

14, 220
26, 939
10, 075
4,241

14, 220
27,334
9,432
4,153

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

600

CAPITAL ACCOUNTS

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

_

Total liabilities and capital accounts

56,092

54, 018

55,475

55,139

777,109

752,480

796, 943

825, 528

121, 711

122, 643

121, 991

114, 781

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes




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. SI, 1951—Continued
MASSACHUSETTS
[In thousands of dollars]
Apr. 9,
1951

June 30,
1951

Oct. 10,
1951

Dec. 31,
1951

116 banks

116 banks

116 banks

115 banks

1,225,605
1,110,941
44
143,411
67,846

1,205,093
1,061,214
44
144,354
65,290

1,200,061
1,101,488
44
151,788
62,677

1,201,243
1,183,473
59
120,942
61,408

6,158
456,021
47,513

6,163
463,491
34,041

6,169
451,024
51,352

6,623
481,794
57,808

258,185
26,278
65

249,838
26,568
16

265,358
26,927
13

379,333
26,882
16

36,454
6,476
8,108

395
34,924
6,121
8,563

429
25,616
6,011
3,837

425
29,988
6,408
7,142

3,393,444

3,306,115

3,352,794

3,563,544

1,939,265

1,898,989

1,953,778

2,069,462

446,409
69
155, 254
153,503
299,431
45,429
3,039,360
2,585,587
453,773

445,088
442,750
70
70
99, 727
133,013
157,967
166,467
327,640
280,026
42,377
45,212
2,966,527 3,026,647
2,515,647 2,571,039
450,880
455,608

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....

434,126
1,570
84,467
208,340
344,867
67,499

3,210,331
2,768,107
452,224

10,135

1,000

1,000

400

46,198
6,927
12,204
9,436

40,557
6,532
11,058
11,092

27,177
6,414
13,105
4,612

31,808
6,303
12,682
14,115

3,124,260

3,036, 766

3,078,955

3,275,639

104
73,922
74,026
129,809
45,675
19,674

104
73,982
74,086
130,053
46,626
18,584

53
74,188
74, HI
130,082
49,603
19,913

53
78,851
78,904
140,578
49,365
19,058

CAPITAL ACCOUNTS

Capital stock:
Preferred stock
Common stock.
„___
Total capital stockSurplus. _
Undivided profits
_
Reserves and retirement account for preferred stock
Total capital accounts...
Total liabilities and capital accounts

269,184

269,349

273,839

3,393,444

3,306,115

3,352,794

3,56a, 544

241,262

243,208

238,822

210,018

287,905

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. 81, 1951—Continued
MICHIGAN
[In thousands of dollars]
Apr. 9,
1951

June 30,
1951

Oct. 10,
1951

Dec. 31,
1951

78 banks

78 banks

78 banks

78 banks

813,202
1,417,938
19
132,346
96,380

845,108
1,460,269
34
140,169
91,037

879,436
1,445,058
__ 34
143,388
78,124

896,092
1,452,651
t£j 27
149,567
57,539

4,111
414,963
46,665

4,148
420,006
36,356

4,162
420,408
54,958

4,197
372,776
55,677

236,634
14, 576
72

302,625
14,997
76

252,965
15,326
70

317,452
15,774

1,163
*67

L 1
3

1,290

3,813

1,264
57
5,361
4,699

6,092
3,381

1,317
247
6,705
3,477

3,188,317

3,326,206

3,304,705

3,333,556

1,527,938

1,686,423

1,659,840

1,754,043

889,163
40
161,784
142,935
179,006
20,411
3,053,179
2,153,977

901,590
40
132,623
140,616
185,683
25,154
8,139,749
2,227,504
912,245

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 Eeserve
bank.
__.
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process
of collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing
bank premises or other real estate
Customers' liability on acceptances outstanding
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
.

859,895
873,441
40
40
270,363
303,848
127,206
138,246
154,605
148,884
26,575
23,490
8,002,341 8,188,653
2,133,727 2,256,737
881,916

54,600
57
12,385
12,615
3,479

13
13,964
16,538
2,704

247
14,078
13,951
2,353

3,030,585

Total liabilities..

67
11,819
13,270

3,167,189

3,140,998

3,170,378

CAPITAL ACCOUNTS

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

1,000
43,195
44,195
81,931
25,548
6,058

1,000
44,195
45,195
82,156
25,876
5,790

1,000
44,445
45, JUS
82,796
29,531
5,935

1,000
44,945
45,945
83,779
26,984
6,470

_

157,732

159,017

163,707

163,178

Total liabilities and capital accounts

3,188,317

3,326,206

3,304,705

1,333,556

379,995

356,046

356,482

254,903

MEMORANDUM

Assets ptedged 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. SI, 1951—Continued
MINNESOTA
[In thousands of dollars]
Apr. 9,
1951

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

Dec. 31,
1951

178 banks

178 banks

178 banks

772, 737
652,917

751,381
651.503

758, 285
658,937

757, 425
729,195

108,999
72,133

106,191
71, 613

107,073
68,073

105,669
66,321

3,298
235,451
20,218

3,302
244,410
18,599

3.312
245,805
21,868

3,345
275,448
22,794

250,283
7,977
503

260,455
8,436
503

328,581
8,802
509

336,686
9,319
501

3,951
816
4,734
1,240

3,963
691
4,620
1.416

817
4,624
1,397

3,619
820
4.809
1,499

2,135, 257

Total assets..

Oct. 10,
1951

178 banks

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

June 30,
1951

2,127,083

2, 212,043

2.317,450

942,305

919,311

1,031,474

1,113,743

474,589
475,103
471,417
48
49
49
49. 854
96, 477
73, 530
123, 211
175, 592
133,106
275, 485
344, 500
285, 218
23,649
18, 742
19,450
if, 955,892 1, 964,126 2,048. 641
1,478,192 1,489,286 1,564,759
477,200
474,890
478, 882

481, 737
59
48,088
128, 484
350, 697
25,204
2,148,012
1, 662,128
485,889

500

18,150
691
8,744
8,646
1,882

817
8,763
10,869
1,737

820
9,046
11,573
1,941

1,993,457

Total liabilities..

816
8,824
8,608
1,667

1, 984,089

2,066,327

2,171,392

1,105
25
37,271
38,401
71, 775
20,358
11,266

1,075
25
37,338
88,488
72,119
20,869
11.568

1,075
25
37,338
88,488
72,166
23,124
11,988

1,075
25
37,531
88,681
73,472
21,958
11,997

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

141,800

142,994

145, 716

146,058

2,135, 257

2,127,083

2, 212,043

2,317,450

377,394

353,835

332,015

327,364

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes




REPORT OF THE COMPTROLLER OF THE CURRENCY

71

Assets and liabilities of national banks, by States, at date of each call during year ended
Dec. 31, 1951—Continued
MISSISSIPPI
[In thousands of dollars]
Apr. 9,
1951

Dec. 31,
1951

24 banks

24 banks

24 banks

58,099
75,127

59,314
72, 714

62,649
71,589

61,766
78,978

30,915
1,332

31, 654
1,282

31,178
1,266

31, 953
1,336

390
24,120
5,012

390
25,045
4,061

398

25, 922
5,674

398
26,288
6,043

30,471
2,136
3
35
229

31,217
2,148
2
39
177

34,802
2,192
6
32
217

42,555
2,146
36
40
180

227,869

228,043

235,925

251, 719

112,908

112,545

120,230

132,796

44,613

45,232

45,368

45,729

6,620
29,911
17,597
1,497
213, U6
167,831
45,315

5,042
33,833
15,019
1,371
213,072
167,128
45,9U

5,887
29,805
17,523
1,454
220,267
174,187
46,080

4,614
29,545
21,794
2,124
236,602
190,161
46,441

243
318

239
343
112

28
241
437

15
259
426
119

213,749

Total assets..

Oct. 10,
1951

24 banks

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

June 30,
1951

213,802

220,979

237,421

138
4,445
4,583
8,405
860
272

138
4,445
4,683
8,707
704
247

138
4,445
4,583
8,722
1,397
244

138
4,445
4,583
9,199
218

LIABILITIES

Demand deposits of individuals, partnerships, and
corporations
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
_
Deposits of U. S. Government
Deposits of States and political subdivisions
pst
D i t ts f banks
bnk
Deposits of b a n ss
r deposits (
(certified and cashiers' checks, etc.)
Other d e i
Total deposits
—
Demand deposits
_
.-_
..
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed money._
Mortgages or other liens on bank premises and other
real estate
-Income collected but not earned
Expenses accrued and unpaid
Other liabilities
-.
Total liabilities
CAPITAL ACCOUNTS

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

__

.

Total liabilities and capital accounts

14,120

14,241

14,946

14, 298

227,869

228,043

235,925

251,719

48,464

48,361

MEMORANDUM

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




51,190

72

REPORT OF THE COMPTROLLER OF THE CURRENCY

Assets and liabilities of national banks, by States, at date of each call during year ended
Dec. 31, 1951—Continued
MISSOURI
[In thousands of dollars]
Apr. 9,
1951

June 30,
1951

Oct. 10,
1951

Dec. 31,
1951

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

648,295
568,428
22
64,138
36,276

635,089
561,356
36
63,889
35,060

641,054
633,810
569
71,634
34,961

667,621
675,353
102 •
71,635
36,458

3,072
252,667
17,536

3,078
254,518
15,951

3,125
265,427
18,809

3,229
293,243
20,775

229,137
9,532

227,121
9,712
239

306,054
9,836
241

305,834
10,009
141

300
1,597
2,479
1,005

295
530
2.608
901

291
1,468
2,545
1,167

287
1,240
3,003
890

1,834, 732

1,810,383

1,990, 991

2,089,820

1,074,812

1,129,746

237,261
41
52,920
55, 789
433,452
10,403
1,864,678
1,619,468
245,210

239,674
546
43,822
79,426
455,812
13, 745
1,962,771
1,714,673
248,098

968, 613
231, 292
43
84,775
68,350
349,896
12,141
1,715,110
1,476,648
238,462

233,140
43
71,479
61, 661
323,424
11,137
1,687,752
1,446,669
241,083
400

250

1,715
1,698
4,273
573

564
1,592
3,673
1,599

1,747
1,606
4,796

1,365
1,810
4,762
1,246

1,724, 769

1,695,580

1,874,043

1,971,954

38, 223
43,309
25,520
2,911

Total liabilities..

1,400

40,563
46,465
24,652
3,123

40,808
47,196
25,201
3,743

CAPITAL ACCOUNTS

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

42,008
48, 573
23.806
3,479

109,963

114,803

116,948

117,866

,

1,834,732

1,810,383

1,990,991

2,089,82ft

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

215,597

204,609

202,141

202,573

Total liabilities and capital accounts
MEMORANDUM




REPORT OF THE COMPTROLLER OF THE CURRENCY

73

Assets and liabilities of national banks, by States, at date of each call during year ended
Dec. 31, 1951—Continued
MONTANA
[In thousands of dollars]
Apr. 9,
1951

Oct. 10
1951

Dec. 31,
1951

39 banks

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

June 30,
1951
39 banks

39 banks

39 banks

72,390
119,757

76,065
128,025

73,867
147,348

8,252
5,498

8,667
5,801

9,733
6,269

9,640
7,127

313
34,719
4,680

315
33,382
4,252

315
37,166
5,048

316
40,612
5,327

27,428
2,738
5
594
77

32,680
2,819
5
626
84

44, 728
2,892
5
696
111

40,571
2,862

283,387

Total assets .

70,841
128,242

280,778

311,053

328,417

178,457

174,024

206,475

216,977

49,192

49,047

49, 502

7,021
20, 591
10,468
3,560

4,855
24,281
10,888
2,890

652
95

LIABILITIES

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

3,586
22,137
16,151
2,567
312,407
261,209
51,198

49, 856

4,470
14,722
16,259
3,623
295,051
245,290
49,761

75

75

75

5
739
433
16

5
741
642
25

5
802
1,159
35

1,018
1,140
71

270,557

267,473

297,127

314,636

219, 907

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
5,115
5,175
5,280
2,052
323

60
5,115
5,175
5,300
2,515
315

10
5,185
5,195
5,314
3,150
267

5,195
5,195
5,695
2,577
314

12,830

13,305

13,926

13,781

283,387

280,778

311,053

328,417

45,438

46,422

46,842

47,992

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, 1951—Continued
NEBRASKA
[In thousands of dollars]
Apr. 9,
1951

June 30,
1951

124 banks 124 banks

Oct. 10,
1951

Dec. 31,
1951

123 banks 123 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

276,980
357,423
3
62,072
18,332

315,475
361,710
3
64,391
18,276

327,667
368,851
3
66,472
18,148

1,279
139,670
9,907

1,284
134,886
8,528

1,303
147,468
10,377

1,315
150,835
10,718

131,047
5,498
21
1,339
550

132,329
5,650
21
1,314
412

151,698
5,949
14
1,358
480

153,840
5,832
9
1,476
359

1,022,174

Total assets

287,761
365,565
3
60,717
18,817

19,234

1,078,502

1,105,525

591,735

584,790

645,446

668,414

105,780
23
34,420
58,532
157,335
6,275

108,169
23
26,656
54,989
151,238
8,040
988,905
825,654
108,251

109,898
23
20.025
46,285
178,862
6,443
1,006,982
896,977
110,005

110,596
23
16,857
59,730
169,675
8,082
1,088,877
922,657
110,720

5,738
685
1,492
155

2,058
664
1,561
265

5,658
708
2,040
152

6,429
715
1,955
350

962,170

938,453

1,015,540

1,042,826

25
20,795
20,820
21,303
13,279
4,602

25
20,845
20,870
21,516
13,721
4,674

21,020
21,020
21,817
15,332
4,793

21,245
21,245
22,316
14,306
4,832

LIABILITIES

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

_

Bills payable, rediscounts, and other liabilities for borrowed money. _
_
Income collected but not earned. _
.Expenses accrued and unpaid
Other liabilities
Total liabilities

954,100
848,289
105,861

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

60,004

60,781

62,962

1,022,174

999,234

1,078,502

1,105,525

135,936

131,037

140,206

136,325

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes




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. 31, 1951—Continued
NEVADA
[In thousands of dollars]
Apr. 9,
1951

J u n e 30,
1951

Oct. 10,
1951

Dec. 31,
1951

5 banks

5 banks

5 banks

5 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

49,570
63,635

49, 715
74, 605

49,568
80,728

6,654
3,191

6,559
3,190

6,350
3,985

6,296
4,144

166
15,018
3,282

166
15,036
3,322

166
17,470
3,048

166
17,441
3,206

8,234
1,475
46
427
274

9,263
1,581
43
459
231

13,086
1,689
36
456
231

6,947
1,714
33
450
182

152,526

Total assets .

47,981
65,778

153,055

170,837

170,875

LIABILITIES

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

Bills payable, rediscounts, and other liabilities for
borrowed money
Income collected but not earned
__.
Expenses accrued and unpaid
Other liabilities
Total liabilities..

70,960

70,041

87,011

83,892

47,493

48,929

50,287

51,768

4,884
15,321
1,368
1,505
141, 581
91,048
50,483

4,176
15,915
1,337
1,871
14%, 269
90,885
51,4S4

4,016
14,995
1,184
1,921
159,414
106,859
52,555

3,925
16.741
1,240
2,003
159,569
105,486
54,088

311
785
422

306
611
302

346
780
484

330
907
294

143,049

143,488

161,024

161,100

1,885
3,650
3,902
40

1,885
3,650
3,992
40

1,885
3,650
4,238
40

1,885
3,650
4,200
40

9,477

9, 567

9,813

9,775

CAPITAL ACCOUNTS

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

152,526

153,055

170,837

170,875

25,358

26,555

26,266

26,794

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes




76

REPORT OF THE COMPTROLLER OF THE CURRENCY

Assets and liabilities of national banks, by States, at date of each call during year
ended Dec. 31, 1951—Continued
NEW HAMPSHIRE
[In thousands of dollars]
Apr. 9,
1951

51 banks

June 30,
1951

51 banks

Oct. 10,

Dec. 31,

51 banks

51 banks

1951

1951

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

79,293
62,993
41
10,638
5,140

77,306
71,230
41
11,151
4,926

75,309
73,376
41
9,517
4,723

450
22,293
6,629

448
20,467
4,996

450
25,188
7,576

452
26,296
7,436

22, 504
1,875
20

22,475
1,869
19

24,336
1,939
23

31, 232
1,833
23

55
4
140

56
1
141

52
5
159

52
4
154

210,909

208, 577

224,382

230,448

113,433

112,360

125,494

128,747

41,708
20
8,339
12,888
6,553
5.042
187,983
145,433
42,550

41,949
20
6,649
10,930
6,897
6,377
185,182
142,417
42,765

43,296
20
6,243

42,169
20
5,415
16,498
8,897
6,129
207,875
164,877
42,998

1,195
171
153
21

1,470
159
203
145

315
165
181
28

50
160
251
151

189, 523

187,159

202,254

208,487

11
6,024
6,035
8,818
5,465
1,068

Total assets..

76,378
65,476
41
9,872
5,172

11
6,024
6,035
8,956
5,362
1,065

21,386

21,418

22,128

21,961

210,909

208, 577

224,382

230,448

14,356

16,339

14,368

13,106

LIABILITIES

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

_

Bills payable, rediscounts, and other liabilities for borrowed money
Income collected but not earned.
Expenses accrued and unpaid
Other liabilities
._
Total liabilities

12,812
7,950
5,750
201,565
157,626
43,939

CAPITAL ACCOUNTS

Capital stock:
Preferred stock
Common stock

Total capital stock

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

L..

Total liabilities and capital accounts _ _

7
6,053
6,060
8,981
5,982
1,105

7
6,053
6,060
9,092
5,652
1,157

MEMORANDUM

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




REPORT OF THE COMPTROLLER OP THE

CURRENCY

77

Assets and liabilities of national banks, by States, at date of each call during year
ended Dec. 81, 1951—Continued
NEW JERSEY
[In thousands of dollars]
Apr. 9,
1951

June 30,
1951

Oct. 10,
1951

Dec. 31,
1951

204 banks

203 banks

202 banks

202 banks

728,242
1,110,243
323
193,369
91,858

759,097
1,085,338
322
195, 540
89, 090

780,163
1,155,379
323
204,151
90,193

800, 255
1,156,378
323
213,384
86,385

4,415
246,375
51,349

4,411
243,048
36, 617

4,244
278,951
56,467

4,334
264, 875
64,697

24, 265
328

171,975
24,563
354

173,908
26,339
410

224, 734
25, 725
131

1,319
53
4,012
2,796

1,278
38
5,237
2,188

428
40
4,115
2,460

41
5,673
2,162

2,627,436

2,620,096

2, 777, 571

2, 849, 478

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.

1,102, 986

1,131, 730

1, 217,388

1, 282, 205

1,009,075

1,021, 545

1,069,161

1, 059, 996

83,827
168, 739
31,023
32, 521
2,428,171
1,400,297
1,027,874

56,609

151,458
31,374
37,777
2,480,493
1,889,846
1,041,147

50, 799
165, 444
36, 881
30,953
2,570,626
1,479,377
1,091,249

45, 441
180, 402
42,344
41, 797
2,652,186
1,573,718
1, 078,467

10,385

800

8,450

74
6,242
5,973
583

38
6,026
5,458
1,055

40
6,565
7,492
843

41
6,329
6,515
1,660

2,451,428

2, 443, 870

2, 594,016

2, 666, 730

2,658
90
55,131
57,879
78,169
30,934
9,026

1,583
90
55, 801
57,474
79,074
30,660
9,018

1,545
65
56, 756
58,366
80,122
35, 682
9,385

1,295
65
56, 881
68,241
82,146
32, 615
9,746

CAPITAL ACCOUNTS

Capital stock:
Class A preferred stock
Class B preferred stock
Common stock
Total capital stockSurplus
Undivided profits
Reserves and retirement account for preferred stock
Total capital accounts
Total liabilities and capital accounts

183,555

182, 748

2,627,436

2,620,096

2,777, 571

2,849,478

172,602

179,254

199,973

174,707

176,008

176, 226

MEMORANDUM

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

2,10061—52-




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, 81, 1951—Continued
NEW MEXICO
[In thousands of dollars]
Apr. 9,
1951

June 30,
1951

Oct. 10,
1951

Dec. 31,
1951

26 banks

26 banks

26 banks

26 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
_
_._
__

89,227
89,048

88,207
99,239

81,046
111, 504

7,892

8,104
825

8,111
1,183

8,157
1,217

428
31,001
4,856

437
33,752
4,268

438
33, 704
6,016

428
32,907
5,882

32,166
1,754
166

40,539
2,080
193

45,402
2,412
152

64,192
2,378
91

118
235
343

223
251
97

105
261
109

100
221
56

264,900

Total assets.

89,872
95,245

269,044

285,339

308,179

149, 738

144,988

157,606

177,546

31,895
11
12,451
38,647
8,954
2,679
244, 875
209,975

32,974
11
18,199
43,657
9,313
3,061
252,208
216, 754
85,449

36,035
11
19,106
41,893
9,876
3,225
2 67, 752
229,126
88,626

38,122
11
11,264
47,733
12, 574
3,567
290,817
250,504
40,318

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

34,400

14
402
145
190

14
398
238
196

14
352
176
196

248,803

Total liabilities

3,678
444
134
172

252,954

268, 598

291,555

6,440
5,863
1,201
2,593

6,440
5,879
1,079
2,692

6,440
5,903
1,788
2,610

6,440
5,970
792
3,422

16,097

16,090

16, 741

16,624

264,900

269,044

285,339

308,179

63,171

62, 782

67,798

69,901

CAPITAL ACCOUNTS

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

._.

._

Total liabilities and capital accounts
MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes




REPORT OF THE COMPTROLLER OF THE CURRENCY

79

Assets and liabilities of national banks, by States, at date of each call during year
ended Dec. 811 1951—Continued
NEW YORK
(In thousands of dollars]
Apr. 9,
1951

June 30,
1951

Oct. ,10
1951

Dec. 31,
1951

374 banks

372 banks

372 banks

372 banks

4,719,898
4,475,484
734
926,105
505,023

4,805,332
4,235,275
751
944,477
519,120

4,968,212
4,068, 535
732
1,030,303
522, 583

5,331,549
4,245,827
845
1,102,639
531,109

42,625
2,430, 528
103,728

42,787
2,315, 731
73,583

42,848
2,358,177
114,101

43,027
2,218,849
120,730

87,386
458

1,021,511
87,602
487

777,460
88,523
445

1,396,504
88,917
521

24,809
64,630

1,855
50,735
24.769
68.770

21,088
66, 511

1,733
71,925
26,960
74,489

14,289,325

14,192,785

14,110,790

15,255, 624

7,602,162

7,429,963

7, 537,341

8,186,086

1, 651,051

1,614,113

1, 595,231

1, 622, 569

814,155
509, 779
382,715
370,871
1, 786,929 1, 900,198
307,410
356,168
12,521,857 12,884,043 12,220,880
10,648,972 10,550,868 10,^81,342
1,872,885
1,883,680 1,839,488

418,312
336,171
2,054,064
598,409
18,215,611
11,836,880

ASSETS

Loans and discounts (including overdrafts)
U. 8. 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

1,727

LIABILITIES

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

836,271
306,313
1,854,061
271,999

48,780
27

68, 584
25,173
58,334
450,241

8,510
10
56, 704
23,750
63, 523
515,865

13,172, 996 13,052,405

7,275
10
53,589
25, 727
75,901
580,548
12,963,880

1,878,731
2,245
10
74,927
25,796
72,987
708,176
14,099,752

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 s t o c k —
Total capital accounts
Total liabilities and capital accounts

2,045
408
333,788
886,241
550,209
211,710
18,169

1,955
317
351,513
858,785
562,487
207,497
16,611

1,792
313
351,945

864,050
563,383
212,383
17,094

1,763
286
353,320
855,869
566,528
218,322
15, 653

1,116,329

1,140,380

1,146,910

1,155,872

14,289,325

14,192,785

14,110,790

15,255,624

1,566,171

1,554,392

1,310,959

1,159,398

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes




80

REPORT OF THE COMPTROLLER OF THE CURRENCY

Assets and liabilities of national banks, by States, at date of each call during year
ended Dec. 31, 1951—Continued
NORTH CAROLINA
[In thousands of dollars]
Apr. 9,
1951

June 30,
1951

Oct. 10,
1951

Dec. 31,
1951

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_.
I.
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
...

175,182
167, 997
8
28, 575
7,353

177, 732
189, 450
8
31,008
11, 259

824
55, 720
11, 721

839
57, 518
8,625

849
64,319
16,355

854
69. 484
15, 408

62, 976
4,796
32

74, 472
4,914
13

92,651
5,193
24

89,056
5,209
66

23
202
459
424

56
241
426
349

381
522
336

489
588
376

498, 242

Total assets..

26, 644
5,158

179, 658
142, 584
8
27, 621
5,771

503, 095

559. 745

590, 987

296,176

340, 552

368,161

80, 740
1
18, 807
40,890
20, 077
7,775
4G4,475
372,008
92, 467

81, 8S9
1
16. 709
43. 823
26. 213
10,357
519,644
426, 999
92, 545

83,765
1
12,124
47, 718
30, 240
8,310
550, 819
454, 314
96, 005

241
1,349
1,180
229

381
1,518
1.272
59

489
1,557
1,807
370

522, 774

554, 542

9,625
18.657
6,860
1,829

9,625
19,137
5,823
1,860

180,998
148, 265

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..

80, 998
1
20,523
36, 760
18, 847
8,012
459, 740
871,074
200

202
1,427
1,043
29
462. 641

467, 474

CAPITAL ACCOUNTS

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

9,575
17,860
6,362
1,804

9, 575
18,402
5,831
1,813

35, 601

35,621

36, 971

36, 445

498,242

503,095

559, 745

590, 987

82,197

87,146

87,108

88,953

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. 81, 1951—Continued
NORTH DAKOTA
[In thousands of dollars]
Apr. 9,
1951

Oct. 10,
1951

Dec. 31,
1951

40 banks

Loans and discounts (including overdrafts)
XL 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
-

June 30,
1951
40 banks

40 banks

40 banks

67,801
116,739
7

77,700
115,880
7
9,136
5,287

76,349
127,963
7
9,788
5,803

302
26,738
3,042

304
26,551
3,266

311
29,705
3,660

319
30, 566
3,724

21,144
1,364
24

18,898
1,374
21

28,152
1,340
18

727

29,907
1,405
21
25
727

251,867

Total assets.

5,161

66,580
114,101
7
8,845
5,102

245,804

273,859

284, 796

144,085

140,589

167,717

176,395

65,036
6
5,038
11,907
8,275
1,647
235,994
170,807
65,687

64,335
6
3,993
11,391
7,705
1,962
229,981
164,990
64,991

4,153
10,297
9,193
1,968
257,174
192,698
64,476

3,631
9,445
11,083
2,045
268,291
201,800
66,491

49

682
85

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, a n d other liabilities for
borrowed money
Acceptances executed b y or for account of reporting
banks and outstanding
___.
Income collected b u t not earned
Expenses accrued and unpaid
Other liabilities
Total liabilities

300
61
470
11

602
1,062
78

231,325

258,802

270,033

4,180
5,950
3,484
865

4,330
6,027
3,833

4,605
6,129
3,111
918

426
791
15

429
876
39

237, 526

4,180
5,897

CAPITAL ACCOUNTS

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

875

14,479

Total liabilities and capital accounts.

15,057

14, 763

245, 804

Total capital accounts

273, 859

284,796

23,425

24,430

25,327

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes




26,210

82

REPORT OF THE COMPTROLLER OF THE CURRENCY

Assets and liabilities of national banks, by States, at date of each call during year
ended Dec. 31, 1951—Continued
OHIO
[In thousands of dollars]
Apr. 9,
1951

June 30,
1951

Oct. 10,
1951

Dec. 31,
1951

240 banks

240 banks

239 banks

239 banks

1,144,567
1,595,789
16
204,544
72,235

1,156,338
1, 607, 228
16
211,132
70,173

1,172 668
1,697.650
16
219,068
67,444

1, 215, 787
1, 736, 712
16
220,548
67,349

6,077
482,648
57,668

6,308
474,361
48,525

6,364
505,987
67.567

6,412
509, 268
73-141

333,142
31,024
2

379,973
31. 245
5

348,104
32.568

470 377
33,115

855
932
5,411
2.974

854
502
5,713
3,141

854
587
5,695
2,810

855
467
6,087
2,198

3,937,884

3,995,514

4,127.393

4,342,333

1,939.781

1,999, 637

2,136, 896

2,338,100

959, 212
175
216,830
296,828
195, 026
42,682
3,650. 581
2, 615, 457
1,085, 077

992,466
971, 738
175
175
137, 864
201,129
313, 629
288,116
218,643
193, 261
39, 853
55, 930
8,709,986 8, 839, 526
2,657,181 2. 75A, 862
1, 052,805 1,084,664

ASSETS

Loans and discounts (including overdrafts)
TJ. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions.
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve
bank
Reserve with Federal Reserve bank
Currency and coin
...
Balances with other banks, and cash items in process of
collection
.
Bank premises owned, furniture and fixtures.
Real estate owned other than bank premises
—
Investments and other assets indirectly representing
bank premises or other real estate
_
Customers' liability on acceptances outstanding
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 TJ. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for
borrowed money...
Acceptances executed by or for account of reporting
banks and outstanding
Income collected but not earned
Expenses accrued and unpaid
Other liabilities

12,375

5,425

2,550

50

932
7,133
11, 555
3,232

502
6,915
12, 258
3,164

587
7,183
13,091
3,576

467
7,529
13,076
3,324

3, 738. 250 3,866, 513

4,080,523

3,685, 761

Total liabilities..

1,007,649
185
112,426
279, 744
242, 775
75,198
4. 056, 077
2,957.,112
1,098,965

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

2,500
83,433
85,983
116,173
42,328

2,500
86,598
89.098
121,683
41, 205
5,278

2,500
89.033
91,583
119,865
44,028
5,454

89,536
89,536
124, 796
42,810
4,668

252,123

257, 264

260,880

261,810

3,937,884

3, 995,514

4,127,393

4,342,33%

691,562

682,472

691, 646

636,364

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes




REPORT OF THE COMPTROLLER OF THE CURRENCY

83

Assets and liabilities of national banks, by States, at date of each call during year
ended Dec. 81, 1951—Continued
OKLAHOMA
[In thousands of dollars]
Apr. 9,
1951

June 30,
1951

Oct. 10,
1951

Dec. 31,
1951

199 banks

199 banks

199 banks

198 banks

424,113
483,959
19
93,660
22,841

429,465
492,953
19
95,002
22,150

425,048
534,497
19
98,617
24,811

429,161
563,155

2,365
191,590
17,633

2,502
194,595
15,494

2,138
190,449
18,846

2,211
191,975
20,673

199,150
7,228

211,098
7,207
60

239,882
7,355
155

345,400
7,278
340

3,818
29
1,490
1,139

4,345
252
1,524
1,131

5,158
15
1,584
1,147

456
1,641
765

1,449,097

1,477,797

1,549,721

1,698,579

881,851

900,331

967,997

1,057,208

96,113
96
46,706
168,963
133,379
11,688
1,338,796
1,219,161
119,685

102,528
96
43,803
160,738
142,213
13,926
1,363,635
1,237,388
126,2^7

109,213
96
37,281
132,532
173,222
11,977
1,432,318
1,299,259
133,059

111,829
96
30,041
155,542
203,374
22,890
1,580,980
1,446,749
184,231

543

670

29
936
3,884
187

252
1,016
4,019
729

15
984
5,031
359

456
1,123
5,260
865

1,344,375

1,370,321

1,438,707

1,588,684

31,393
37,167
31,151
5,011

32,413
38,672
31,168
5,223

32,488
38,783
34,636
5,107

32,488
41,691
30,537
5,179

ASSETS

Loans and discounts (including overdrafts)
-.
U. 8. Government securities, direct obligations
Obligations guaranteed by U. 8. Government
Obligations of States and political subdivisions—
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve
bank
Reserve with" Federal Reserve bank
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

_

_

*••

19

105,850
23,617

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

104,722

107,476

111,014

109,895

1,449,097

1,477,797

1,549,721

1,698,579

273,920

277,373

298,258

275,316

MEMORANDUM

Asserts 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, 1951—Continued
OREGON
[In t housands of dollars]
Apr. 9,
1951

Total assets.

Oct. 10,
1951

Dec. 31,

20 banks

Loans and discount s (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
_
_.

June 30,
1951
20 banks

20 banks

20 banks

1951

475,982
410,386

494,377
398,326

521,215
402,081

511,622
454,714

94,643
14,160

97,856
11,370

95, 583
12,133

98,224
13,656

1,677
174,081
12,436

1,677
160,689
11,757

1,694
186,433
13,737

1,694
183,525
15,702

97,185
14,812
3
422
2,968
836

92,091
14,904
3
452
4,215
939

107,264
15,045
14
543
3,009
771

104,068
15,047
14
403
4,093
961

1,288,656

1,359, 522

1,403, 723

1, 299, 591
LIABILITIES

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

703,952

695,871

323,028
15
38,736
90,579
33, 701
18,807
1,208, 818
878,858
829,960

329,040
15
32,762
83,255
37,087
16,850
,194,880
858, 676
SS6,204

200

771,535

752,516

337,807
15
23,236
65,544
45,231
18,984
1,262,852
917,498
844,859

350,709
15
19,708
120,992
40,874
22, 726
1,807,540
948,670
858,970

300
20

20

20

3,973
4,963
1,537

645
3,998
4,059
3,729

622
4,353
5,633
4,147

4,248
4,139
3,407

1,220,091

1,207, 631

1,277,127

1,319,984

21,770
34,117
23,392
221

Total liabilities..

20

21,770
34,197
24,827
231

22,120
34,352
25,699
224

22,620
33, 920
26, 939
260

CAPITAL ACCOUNTS

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

-

79,500

81,025

82,395

83,739

1,299,591

1,288,656

1,359,522

1,403,723

261,333

257,594

246,971

MEMOKANDUM

Assets pledged or assigned to secure liabilities and for
other purposes




273,184

85

REPORT OF THE COMPTROLLER OF THE CURRENCY

and liabilities of national banks, by States, at date of each call during year
ended Dec. 81> 1951—Continued
PENNSYLVANIA
[In thousands of dollars]
Apr. 9,
1951

Dec. 31,
1951

622 banks

620 banks

619 banks

2,339,881
3,004,694
183
372,605

2,296,390
2,782,726
183
369,071
383,356

2,355,427
2,826,565
390,946
359,597

2,448,314
2,750,582
56
468,336
321,289

19,371
978,646
118,899

19,085
903,782
91,559

19,355
919,521
130,339

18,852
899,237
143,573

532,719
62,244
1,109

572,479
59,765
1,104

546,908
60,892
1,214

759,211
60,729
1,171

6.125
6,158
10,125
7,714

6,165
3,857
10,248
7,336

7,344
2,597
10,001
6,473

7,259
3,426
11,006
5,857

7,847,276

Total assets

Oct. 10,
1951

624 banks

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

June 30,
1951

7,507,106

7,637,226

7,898,898

3,932,303

3, 759,453

3,830, 779

4,133,045

1,910,937
734
383,682
255,309
486,868
60,704
7,080,587
5, OSS, 645
1,996,892

1,897,807
736
312,932
252,476
452,889
60,318
6,7S6,611
4,758,061
1,988,550

1,940,901
730
219,759
270,602
518,167
51,374
6,882,818
4,808,041
2,029,271

1,926,281
755
178,817
243,533
551,915
70,888
7,105,284
6,105,712
1,999,522

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 depositsTime 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.

24,665

2,210

11,650

3,340

7,225
11,614
21,185
6,372

4,
20,384
8,236

2,615
10,441
25,509
11,108

3,469
10, 552
29,231
8,206

7,101,598

6,781,361

6,893,635

7,160,032

50
207,303
207,853
407,408
116,525
12,305

50
207,078
207,128
412,766
106, 712
12,260

CAPITAL ACCOUNTS

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

50
211,130
211,180
408,725
111,555
14,218

50
206,093
206,148
402,403
104,905
12,294

745,678

725,745

743,591

738,866

7,847,276

7,507,106

7,637,226

7,898,898

1,017,450

951,047

933,761

873,168

••

Total liabilities and capital accounts

-

—L-:

MEMORANDUM

Assets F»ledged or assigned to secure liabilities and for
other purposes
_




86

REPORT OF THE COMPTROLLER OF THE CURRENCY

Assets and liabilities of national banks, by States, at date of each call during year
ended Dec. 31, 1951—Continued
RHODE ISLAND
[In thousands of dollars]
Apr. 9,
1951

June 30,
1951

Oct. 10,
1951

Dec. 31,
1951

7 banks

7 banks

7 banks

6 banks

ASSETS

Loans and discounts (including overdrafts)
U. S. Government securities, direct obligations
Obligations guranteed 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.
Customers' liability on acceptances outstanding.
_.
Income earned or accrued but not collected
Other assets
_

134,298
151,766

133,583
142,178

75,101
86,627

5,809

7,137
6,627
655
38, 298
6,573

8,672
6,034
651
40,013
8,458

3,984
2,774
352
22,408
5,468

21,823
3,813
3
376
571
218

22,397

18,461
3,926
16
136

14,692
3,920
6
260
327
75

370,025

373,045

362,928

215,994

214,298

217,194

219, 301

109,796

59, 598
150

59,341
153
17, 521
31,361
10, 606
6,589
842,765
282,555
60,210

60,160
152
11,451
28, 217
832,590
271.515
61,075

61,180
406
4,585
13,143
3,875
6,168
199,158
187,071
62,082

376
784
1,512
103

582
730
1,793
201

753
1,843
79

293
323
1,264
140

343,041

Total assets-

136,474
147,211

346,071

335,504

201,173

9,570
11,560
5,514
340

9,570
11,570
5,489
345

9,570
11,583
5,925
346

4,570
8,615
1,587

26, 984

26, 974

27, 424

14,821

370,025

373,045

362,928

215,994

30, 214

30,013

30,796

17,605

6,721
655
38,229
8,122

3,888
16
582
658
150

239

561

LIABILITIES

Demand deposits of individuals, partnerships, and
corporations. _
_
_
_
_
Time deposits of individuals, partnerships, and corporations
_
r
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.

26,994
14,439
5,657
340,116
279, 834
60,282

8,459
4,850

150
239

CAPITAL ACCOUNTS

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

49

MEMORANDUM

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




REPORT OP THE COMPTROLLER OF THE CURRENCY

87

Assets and liabilities of national banks, by States, at date of each call during year
ended Dec. 31, 1951—Continued
SOUTH CAROLINA
[In thousands of dollars]
Apr. 9,
1951

1951

Oct. 10,
1951

Dec. 31,
1951

25 banks

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

June 30,
25 banks

25 banks

25 banks

135, 222
170,225

135,860
186,068

136,445
203,339

17,918
9,660

18,339
9,822

19,319
10,727

18,779
11,457

574
55,847
11,842

582
53, 542
8,652

592
62,750
15,193

602
59,614
14,455

47,757
3,338
58

52, 256
3,363
58

71, 594
3,489

82,812
3,470
66

51
133
378
316

42

43

403
322

425
312

461
241

446,103

Total assets.

135,987
162,244

452,828

506, 385

531, 779

280,678

288,722

327,054

333,804

51, 570
7
16,037
49, 238
14, 756
6,032
418,318
365,464
52,864

51,884
7
14, 521
13, 528
6,805
H449
4H,44
370,644
53,805

53,409
7
23,129
44,700
20,167
8,480
476,946
417,085
59,861

51, 574
7
19,881
66,993
21, 736
8,221
602,216

133
669
1,497
349

653
1,622
683

681
1,877

738
2,146
813

420,966

427,407

479,888

505,913

13

LIABILITIES

Demand deposits of individuals, partnerships, and
corporations
Time deposits of individuals, partnerships, and corporations
p
tl
i
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

MM
68,047

CAPITAL ACCOUNTS

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

7,987
11,088
4,791
1,271

8,037
11, 413
4,625
1,346

8,137
11,613
5,403
1,344

8,137
12,027
4,403
1,299

25,137

25,421

26,497

25,866

446,103

452,828

506,385

531,779

68,275

75,777

85,840

85,775

MEMORANDUM

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




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, 1951—Continued
SOUTH DAKOTA
[In thousands of dollars]
Apr. 9,
1951

Oct. 10,
1951

Dec. 31,
1951

35 banks

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

June 30,
1951
35 banks

35 banks

35 banks

87,585
95.220
4
11,461
6,281

91,061
106,628

4
11,625
6,923

11,152
5,539

91,601
111,250
4
11,744
5,887

312
30,185
3,632

312
29,074
3,519

338
32,234
4,126

348
33,555
4,107

26,914
1,810
1
731
462

25,315
1,843
1
788

35,053
1,979
3
813
594

32,372
2,080
3
758
457

265,972

Total assets..

84,675

261,889

289,524

294,166

159,416

154,589

184,304

185,300

48,161
3
6,529
24,688
8,738
2,161
249,696
199,758
49,9S8

48,309

49,211
3
5,351
21,838
9,516
1,669
271,892
220,904
60,988

50,194
3
4,798
24,141
10,583
1,636
276, 655
224, 679
51,976

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
_

5,407
26,870
8,092
1,814
245,084
194,979
60,105

50

26
578
1,072

26
651
1,275
3

25
728
1,481

251,324

247,028

273,897

278,978

3,943

Total liabilities

200

27
577
1,020
4

4,243

3,468
778
14,648

2,874
875

4,243
7,019
3,437
928

4,593
7,031
2,663
901

14,861

15,627

15,188

265,972

261,889

289,524

294,166

39,507

39,251

39,572

40,450

CAPITAL ACCOUNTS

Capital stock: Common stockSurplus
Undivided profits
Reserves
Total capital accounts

_

Total liabilities and capital accounts

___.
,

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes




REPORT OF THE COMPTROLLER OF THE CURRENCY

89

Assets and liabilities of national banks, by States, at date of each call during year
ended Dec. 31, 1951—Continued
TENNESSEE
[In thousands of dollars]
Apr. 9,
1951

June 30,
1951

Oct. 10,
1951

Dec. 31,
1951

73 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

522, 229
461,339
6
81,182

550,465
506,866
6
83,444
17,938

604,655
505,030
6
83,870
18,201

2,526
192,294
24,566

2,565
189,912
21,377

2,717
199,346
27,674

2,704
199,600
28, 538

176,205
14,415
135

211,862
15,055
130

206,821
16,053
128

248,439
16,136
114

45
227
1,288
1,144

35
120
1,693

34
157
1,397
700

29
204
1,800
712

1,504,510

Total assets.

563,627
434,218
6
79,564
14,250

1,527,380

1,613,746

1,710,038

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

726,972

745,303

790,033

813,901

278,955
169
39,555
114,080
230,954
11,019
1,401,704
1,108,106
293, 598

283,356
170
32,713
132,495
216,839
12,014
1,422,890
1,125,103
297,787

289,305
170
25,956
125,244
260,895
9,647
1,501,250
1,197,627
SOS, 62S

292,767
169
22,242
114,842
339,930
15,070
1,598,921
1,292,021
306,900

28

1,600

227
4,502
3,592
371

120
4,272
3,694
493

157
4,449
4,483
500

204
4,365
4,436
749

1,410,424

1,431,469

1,512,439

1,608,675

100
31,601
31,701
48,877
17,025
3,704

100
31,601
31,701
49,173
16, 785
3,704

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 _

100
28,726
28,826
44,763
17,026
3,471

100
30,401
SO, 501
46,827
15,341
3,242

94,086

95,911

101,307

101,363

1,504,510

1,527,380

1,613,746

1,710,038

173,694

185,447

188,259

184,596

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. SI, 1951—Continued
TEXAS
[In thousands of dollars]
Apr. 9,
1951

June 30,
1951

Oct. 10,
1951

Dec. 31,
1951

442 banks

443 banks

443 banks

443 banks

2,082,303
1,693,141
3
231,174
63,651

2,064,429
1,706,576
3
234,386
62,507

2,082,564
1,831,160
3
246,844
63,223

2,204,177
1,970,072
3
251,630
61,350

8,648
815,356
74,973

8,948
812,540
64,491

9,003
813,102
87,553

9,164
856,463
88,583

896,372
55,714
5,700

975,721
54,636
5,977

1,105,871
56,298
6,930

1,396,911
57,261
7,303

8,165
12,343
5,030
3,218

9,049
2,462
5,425
3,135

11,060
8,463
5,141
3,829

10,862
27,970
5,821
4,266

5,955,791

6,010,285

6,331,044

6,951,836

3,678,012

3,958,578

4,172,224

459,114
400
132, 293
415,816
879,872
52,816

473,175
420
114,244
464,951
1,145,371
130,922
6,501,807
5,911, UO
590,167

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
3,674,367
corporations
.._
Time deposits of individuals, partnerships, and corporations
437,824
400
Postal savings deposits
174, 548
Deposits of U. S. Government
490,515
Deposits of States and political subdivisions
713,244
Deposits of banks
55,833
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

453,245
400
160,704
458,967
787,889
57,900
5,546,781 5,597,117
5,012,828 5,085,778
58$, 90S
561,889

5,885,987
562,95%

2,286

1,057

2,462
4,633
17,177
1,759

8,490
4,833
20,995
944

28,871
4,988
20,717
1,892

5, 582,191

Total liabilities..

1,010
12,578
4,821
16,442
609

5,625,434

5,935,208

6,557,775

200
139, 578
189,778
148,311
68,265
17,246

1U, 785

200
145,520
U5,720

154,456
67,266
18,344

155,031
76,894
18,191

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
144,585

200
147,830

U8,0S0
158,837
65,702
21,492

373,600

384,851

395,836

394,061

5,955,791

6,010,285

6,331,044

6,951,835

874,063

855,297

853,708

908,911

MEMOBANDTJM

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. 81, 1951—Continued
UTAH
[In thousands of dollars]
Apr. 9,
1951

June 30,
1951

Oct. 10,
1951

Dec. 31,
1951

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, furnitures 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

122,729
107,542
4
8,302
747

121,338
103,735
3
7,998
748

117,038
117,967
3
11,399
1,685

117,774
132,167
333
9,798
1,348

341
47,695
3,211

341
45,942
2,952

341
55, 264
3,579

342
58,851
3,853

25,401
2,722
26

27,798
2,854

30,025
2,887
26

28,205
2,681
24

780
59
971

735
51
133

725
55
512

725
87
187

320,530

314, 654

341,506

356,375

163,791

165,691

182,676

182, 521

68,074
1,020
9,595
29,999
24,375
1,968
298,822
229,150
69,672

69,787
1,020
6,800
24,767
24,369
2,091
294,525
223,085
71,440

70,970
1,020
5,320
23,263
32,721
1,784
317,754
243,931
73,823

73,605
1,020
5,005
35,362
34,099
3,861
335,473
258,765
76,708

2,000
1,065
1,370
228

1,027
1,393
293

3,000
1,127
1,239
418

1,104
1,440
504

303, 485

297,238

323, 538

338, 521

5,200
5,756
4,837
1,252

5,200
5,767
5,196
1,253

5,200
5,767
5,747
1,254

5,200
5,829
5,656
1,169

LIABILITIES

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

..-

Bills payable, rediscounts, and other liabilities for
borrowed money
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

17,045

17,416

17,968

17,854

320, 530

314,654

341, 506

356,375

15,851

15,418

15,441

10,669

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 Dec. 81, 1951—Continued
VERMONT
[In thousands of dollars]
Apr. 9,
1951

June 30,
1951

Oct. 10,
1951

Dec. 31,
1951

39 banks

38 banks

38 banks

38 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
_

55,042
47,353
27
6,664
4,343

55,079
44,562
18
7,498
4,226

54,699
49,616
18
7,395
4,714

54,292
50,282
18
6,522
4,834

12,683
2,613

317
13,160
2,345

317
15,013
3,103

318
15,631
3,027

10,875
1,552
34

11,234
1,542
32

12,521
1,622
27

15,443
1,571
23

23
124
87

23
146
84

23
127
92

23
132

141,746

140,266

149,287

152,215

53,561

52,056

58,887

60,947

63,126
3
2,450
3,835
1,087
1,018
125,080

65,023
3
1,487
5,153
1,013
1,920

6S, 712

64,245
3
1,601
3,476
1,027
2,368
124, 776
69,950
64,826

65,509
3
1,753
5,520
1,215
1,743
186,690
70,614
66,076

945
475
146
337

126
434
204
422

70
482
158
394

428
235
392

126,983

125,962

134,590

137,745

4,853
5,132
3,671
1,107

4,703
5,004
3,471
1,126

4,703
5,008
3,849
1,137

4,703
5,064
3,624
1,079

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.
er liabiliti
Total liabilities..

61, S68

1SS, 486

67,878
65,608

CAPITAL ACCOUNTS

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

.

Total liabilities and capital accounts

14,763

14,304

14,697

14,470

141,746

140,266

149,287

152,215

6,864

5,664

5,694

6,663

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, 81, 1951—Continued
VIRGINIA
[In thousands of dollars]
Apr. 9,
1951

Oct. 10,
1951

Dec. 31,
1951

132 banks

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

June 30,
1951
132 banks

132 banks

133 banks

434,916
404,860
21
42,676
21,885

433,231
423,377
17
44, 597
20, 538

432,001
470,974
17
49,065
24,246

444,455
485, 537
17
51,134
26,084

2,128
133,217
26,504

2,132
136,798
21,151

2,144
157,847
30,171

2,183
146,195
31,499

125,260
12,060
135

127,198
12,145
176

158,862
12,397
209

174,312
12,254
310

684
161
1,012
1,383

684
364
1,146
1,220

694
295
987
1,578

702
305
1,330
1,607

1, 206,902

1, 224,774

1,341, 487

1,377,924

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

573, 593

578, 794

661,416

657, 569

312,114
120
53,158
73,869
80,876
12,704
1,106,434
761,486

313,676
120
47,626
80,793
85,463
16,774
1,128,246
775,596
347,850

322,172
120
40,610
75,532
121,945
16,359
1,238,154
878,759
359,895

322,963
120
36,370
93,615
141,458
21,544
1,278,689
912,892
860,747

800

1,300

161
2,000
3,732

364
2,081
3,319
969

295
2,183
4,091
50

307
2,194
4,452

1,113, 215

1,131,279

1, 244, 773

1,281,830

28,676
41,142
18,879
4,990

28,721
41,499
18,329
4,946

28,731
42, 239
20,756
4,988

29,281
42,871
18,967
4,975

340

CAPITAL ACCOUNTS

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

93,687

93, 495

'6,714

96,094

1, 206,902

1, 224, 774

1,341,487

1,377,924

188, 504

188,278

191,724

201,822

MEMORANDUM

A.ssets pledged or assigned to secure liabilities and for
otfher purposes

1.0061—52



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, 1951—Continued
VIRGIN ISLANDS OF THE UNITED STATES
[In thousands of dollars]
Apr. 9,
1951

June 30,
1951

Oct. 10,
1951

Dec. 31,
1951

lbank

lbank

lbank

1 bank

ASSETS

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

1,446
2,667

1,506
2,684

1,582
2,683

459
341

480
230

244
350

460
371

20
14
6
18

28
11
34
5

31
11
3
14

75
10
40
4

5,084

Total assets

1,458
2,768

4,901

4,843

5,225

1,564

1,322

1,328

1,442

2,009

2,056

2,114

2,199

228
817
23
21
4,662
2,584
2,078

235
822
17
14
4,466
2,343
2,123

241
684
20
17
4,404
2,229
2,175

240
823
19
39
4,762
2,490
2,272

7
11
12

7
16
8

8
13
8

9
27
9

4,692

4,497

4,433

4,807

100
50
150
100
47
95

100
50
160
100
45
109

100
50
150
100
53
107

100
50
160
100
46
122

LIABILITIES

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

Bills payable, rediscounts, and other liabilities for borrowed money
Income collected but not earned . . .
Expenses accrued and unpaid
_
Other liabilities.
Total liabilities
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

_

392

404

410

418

5,084

4,901

4,843

5,225

320

320

320

320

MEMORANDUM

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




REPORT OF THE COMPTROLLER OF THE CURRENCY

95

Assets and liabilities of national banks, by States, at date of each call during year
ended Dec. 31, 1951—Continued
WASHINGTON
[In thousands of dollars]
Apr. 9,
1951

Dec. 31,
1951

35 banks

35 banks

35 banks

630,268
505,277

666,640
544,913

688,227
551,433

665,206
575,235

173,319
34, 549

155,113
33,436

145,399
26,465

144,626
25, 594

2,204
233,038
24,087

2,224
237, 950
25,151

2,241
257, 059
28,317

2,319
251,833
31,845

171, 555
15,077
420

193,643
16,417
324

195,809
17,728
435

224,692
18, 499
351

569
296
3,445
1,166

475
378
3,826
1,162

475
239
3,868
679

475
140
3,479
943

1, 795, 270

Total assets .

Oct. 10,
1951

36 banks

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

June 30,
1951

1,881,652

1,918,374

1,945,237

977,114

961,237

1,072,230

1,112,109

419,899
9
67,824
120,675
71,110
17,720
1,674,851
1,249,490
484,861

423,932
9
80,654
202,781
75,220
18,020
1,761,858
1,832,209

432, 538
9
53,052
120,104
98,002
17,924
1,798,859
1,855,604
488,255

442, 845
9
35,685
119,141
94,994
17,031
1,821,814
1,878,252
448,562

2,300

496

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

4%9,644

110

104

304
4,289
4,897
642

461
3,978
4,258
619

305
4,563
6,645
791

191
4,551
5,357

1, 771,769

1, 806,261

1,832, 734

31,910
42, 596
22,745
12,632

32,450
42,383
24, 595
12,685

32,450
44,960
22,245
12,848

Total liabilities

92

729

CAPITAL ACCOUNTS

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

31,460
42,129
22,126
12,662
108, 377

109,883

112,113

112, 503

1, 795, 270

1,881,652

1,918,374

1,945, 237

319,248

400,040

349,158

311,018

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes




96

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, 1951—Continued
WEST VIRGINIA
[In thousands of dollars]
Apr. 9,
1951

Oct. 10,
1951

Dec. 31,

74 banks

74 banks

74 banks

145,322
236,792

150,449
234,086

147,498
248,166

149,062
245,955

17,173
9,593

17,363
9,438

18,066
9,285

21,891
9,694

1,032
57,818
13,919

1,031
58,902
11,353

1,061
61,275
16,260

1,042
69,372
14,999

52,417
4,969
32

61,324
4,914
26

64,265
4,994
18

78,500
4,865
31

2
161
554

193
493

148
508

539,784

Total assets.

1951

74 banks

Loans and discounts (including overdrafts)-.
U. 8. 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

June 30,

549,572

571,544

221
487
596,119

278,863

283,517

301,539

287,551

129,958
35
19,316
34,952
23,601
6,928
493,658
862,081
181,572

130,479
35
15,115
41,304
25,711
7,170
508,831
871,278
182,058

133,579
35
11,618
40,025
30,086
6,299
628,181
888,127
135,051

130,091
185
12,954
67,696
36,176
13,812

1,625

1,425

2,000

1,400

14
361
1,072
128

14
331
1,098
371

14
363
1,149
117

14
382
1,384

496,853

506,570

526,824

551, 914

12,935
21,096
6,963
1,937

12,985
21,394
6,586
2,037

12,985
21,582
8,153
2,000

12,985
22,053
6,887
2,280

1951

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
_
1
Mortgages or other liens on bank premises and other
real estate.
_
Income collected but not earned..
Expenses accrued and unpaid
Other liabilities
Total liabilities

548,465

416,782
181, 783

269

CAPITAL ACCOUNTS

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

_

Total liabilities and capital accounts

42,931

43,002

44, 720

44,205

539,784

549,572

571,544

596,119

80,050

78,643

79,803

107,256

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes




REPORT OF THE COMPTROLLER OF THE CURRENCY

97

Assets and liabilities of national banks, by States, at date of each call during year
ended Dec. 81, 1951—Continued
WISCONSIN
[In thousands of dollars]
Apr. 9,
1951

June 30,
1951

Oct. 10,
1951

Dec. 31,
1951

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.
._

59,404

374, 210
697,634
62
59,963
58,850

385, 958
710, 707
68
61, 573
59, 406

400, 618
714,499
13
62,692
58,141

1,898
177,244
18,583

1,907
179,455
17, 569

1,971
172, 802
22,391

2,137
190,472
22,809

161,986
9,247
3

170,035
9,220
6

170, 761
9,257
17

210,352
9,224
20

1
104
2,779
2,740

81
3,022
2,475

43
2,632
2,506

41
3,197
2,777

1,553,339

Total assets..

377, 259
682,494
49

1, 574,489

1,600,092

1, 676, 992

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..

678,000

714,278

760,351

465,998
44
98, 560
80,942
107,994
19,188
1,450,726
976,884
478,892

468,149
544
81,391
78,971
108,075
20,112
1,471,520
995,495
476,025

476,370
844
59, 719
59,437
123,863
12, 914
1,498,498
1,009,867
488,681

104
1,819
4,227
490

81
1,750
3,919
670

43
1,855
5,358
451

41
1,822
3,769
623

1,457,366

1,477,940

1,501,205

1,579,497

50
28, 605
28,665
36,847
28,436
4,949

50
28, 605
28,666
42, 761
21,467
4,612

834,279
480, 760
847
43, 568
56,895
129,020
27,873
1,578,242
1,085,709
487,588

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
28, 580
28,680
34, 519
27, 995
4,829

50
28, 605
28, 665
34, 793
28, 075
5,026

95, 973

96, 549

1, 553,339

1,574,489

1,600,092

1, 676,992

184, 596

181,162

180,462

181, 888

97,495

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes




98

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, 1951—Continued
WYOMING
[In thousands of dollars]
Apr. 9,
1951

June 30,
1951

Oct. 10,
1951

Dec. 31,
1951

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 collectionBank premises owned, furniture and fixtures
Real estate owned other than bank premises
Income earned or accrued but not collectedOther assets

55,117
73,603

56,852
77,084

56,667
93,213

7,115
2,235

7,615
2,257

7,387
2,113

7,616
2,468

227
20,825
3,445

227
21,647
3,176

232
25, 919
3,974

251
23,213
4,156

19,568
1,351

22,355
1,393

33,694
1,455

153
66

168
70

168
67

36,654
1,420
25
183
72

183,943

Total assets .

54,429
74,529

187,628

208,945

225,938

106, 712

109, 522

125, 731

133,273

29,647
17
4,190
20,727
8,549
2,149
171,991
W, 925
50,066

31,042
17
3,801
21,845
7,597
1,680
175,504
144,029
SI, 475'

33,798
18
3,221
19,675
11,885
1,874
196,202
161, 976
84,226

35,905
18
2,650
26,126
13,493
2,239
21S, 704
177, S51
86,858

500
431

500
429
311
36

500
461
445
5

416
54

173,213

176,780

197,613

214,643

2,485
5,095
2,725
425

2,485
5,140
2, 751
472

2,485
5,265
3,148
434

2,510
5,515
2,730
540

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

10,730

10,848

11,332

11, 295

183,943

187,628

208,945

225,938

34,754

34,553

34,297

37,350

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes




TABLE N O . 14.—Fiduciary activities of national banks as of Dec. 31,1951
Banks with capital of
$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.

$50,001 to
$100,000

25,001 to
$50,000

$100,001 to
$200,000

$200,001 to
$500,000

$500,000 a n d

over

Total

49
41

86
251

66
447

37
410

16
356

261
1,512

14

90

337

513

447

372

1, 773

$10,413,362
14,769, 890

$136, 652, 800
120, 967, 888

$427, 526,352
1,354,326,978

$575,186, 649
3, 762, 631, 946

$585, 924, 699
7, 545,431, 780

$1,817,362, 778
69,730,738,773

$3, 553,066, 640
82, 528, 867, 255

25,183, 252

257, 620, 688

1, 781, 853,330

4,337, 818, 595

8,131,356,479

71, 548,101, 551

86,081, 933,895

$179, 833
3,246
36, 624

$3, 833, 287
251, 944
732, 535
7,355

$56,448, 943
2, 294,008
6,144, 509
2, 712, 939

$291,339, 748
8, 338, 865
28, 780, 271
13,621,225

$1, 096,397,385 $18, 539, 743,774
373, 531,147
17,030,352
709, 759, 549
70,184,346
133, 721, 773 14, 781, 534, 614

$19,987, 942, 970
401,449, 562
815, 637, 834
14,931, 597, 906

219, 703

4, 825,121

67, 600,399

342, 080,109

1,317,333,856

34, 404,569,084

36,136, 628, 272

$2, 928
216, 775

$836,301
3, 960, 633
28,187

$15, 955, 560
42, 220,454
9,424,385

$93,140,819
172, 870, 621
76, 068, 669

$584, 246,169
415,024, 940
318,062, 747

$5, 619, 677,077
3, 016,005,487
25, 768,886, 520

$6,313,858,854
3, 650, 298, 910
26,172,470, 508

219, 703

Total assets of national banks with trust powers but not administering trusts
Total assets of national banks with trust powers administering trusts...
Total assets of national banks authorized to exercise trust powers.

7
7

4, 825,121

67, 600,399

342, 080,109

1,317,333, 856

34,404, 569,084

36,136,628,272

$46, 500
2
7

$251, 275
24
37

$9, 948, 023
171
231

$122, 372, 524
363
425

$351,924, 860 $14,066,020,480
377
347
382
340

$14, 550, 563, 662
1,284
1,422

2

2
7

57
47

208
161

281
190

320
290

868
697

2
24

86
361

1,011
3,293

4,570
11,639

13,108
20, 425

65,663
51,407

84,440
87,149

5

235

2,135

5,992

69, 804

78,171

26
11

452
11

4,539
99

18,344
567

39, 525
980

186, 874
15, 719

249, 760
17,387

o

3

TRUST ASSETS

Investments _ _ _
Time deposits.
Demand deposits .
Other assets.
Total

_ _
. ._
TRUST LIABILITIES

Private trusts
Court trusts
Other liabilities
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 agency, custodian, escrow,
safekeeping, etc., trusts
Number of national banks administering corporate trusts
Number of living trusts being administered
Number of court trusts being administered
Number of agency, custodian, escrow, safekeeping, etc., trusts being
administered
Total number of individual trusts being administered
Number of corporate trusts being administered
Total number of trusts being administered

_
_

Average volume of individual trust assets in each bank
Average volume of trust assets in each individual trust. _.
Average gross earnings per trust for year ended Dec. 31,1951
Average gross earnings per trust department reporting trust earnings
for year ended Dec. 31,1951




37

463

4,638

18, 911

40, 505

202, 593

267,147

$31,386
$8,450
$33

$117, 686
$10, 675
$75

$269,324
$14, 893
$105

$765, 280
$18, 648
$118

$3, 213, 009
$33,329
$142

$96, 642, 048
$184,106
$327

$995

$2,052

$5,293

$14, 502

$186,495

o
o
o

si

1

$23, 899, 886
$144, 685
$280

$203

B

$51,368

CO

TABLE N O . 15.—Fiduciary activities of national banks by Federal Reserve districts as of Dec. 31, 1951
Number
Number
with
of banks authority
Federal Reserve exercising but not
districts
fiduciary exercising
fiduciary
powers
powers

Total
number
authorized
to exercise
fiduciary
powers

Capital of
banks
authorized
to exercise
fiduciary
powers

Number of individual trusts
Total banking
assets of banks
authorized to
Agency,
exercise
Living Court custodian, Total
fiduciary
escrow,
trusts trusts safekeeping,
powers
etc.

Assets of
individual
trusts

Number
Trust deof corpartment
Bond issues
porate
gross
outstanding
trusts
earnings
where bank
being
for year
adminis- acts as trustee ended Dec.
tered
31, 1951

o
w
3

Boston
New York..

Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. L o u i s Minneapolis
Kansas City
Dallas
.
San Francisco
Total

_.

..
_

160
224
221
101
133
100
197
98
45
102
76
55

31
25
8
14
17
20
37
24
20
35
23
7

1, 512

261




$111,909,167
372,888, 799
98,072,850
156,020,000
67,928,000
94,760,500
271, 755, 000
60,821,500
38,855,000
77,380,000
117,695,000
314,020,000

$4,891,906,544
16,387,710,069
4,068,176,292
6,604,176,321
3,879,239.164
5,371.300,421
12.985,926.397
3,101,693,197
2.312,288,878
1525,412, 704
5,572,496,853
16.381,607,055

4,485
5,109
6,454
8,940
5,063
4,675
27,574
2,000
2,420
3,854
3,934
9,932

6.371
9,117
16,474
10.247
7,732
4,431
11,088
3,111
3,417
2.519
1,342
11,300

4.635
15, 706
1,483
4,643
3,249
5,417
13,909
851
4,400
12,924
2,634
8,320

15.491
29,932
24,411
23,830
16,044
14,523
52,571
5,962
10,237
19,297
7,910
29,552

$1, 739,597, 658
13,141, 526,940
588, 649, 582
3,128,354, 440
1, 007, 941, 6£2
1. 414, 775,312
8, 736, 564, 959
273,023,283
1.479, 767,045
1,343,066,460
655.381,088
2. 627,979,853

459
615
421
2,140
431
1,168
7,295
1,747
378
829
728
1.176

$343,151,909
5,743. 776,187
86.001,490
1.073,094.213
494. 692,543
583,980,815
3,599,732,298
221, 746,461
152,371,947
696,746,582
535,819,230
1,019,449,987

$5,260,000
13,577,000
2,672,000
8,597,000
3,603,000
3,807,000
14,699,000
1,386,000
2,552,000
2,737,000
2, 954,000
13, 286,000

1,773 1, 782,105,816

86,081,933,895

84,449

87,149

78,171 249,760

36,136,628; 272

17.387

14,550.563,662

75,130,000

191
249
229
115
150
120
234
122
65
137
99
62

1
o
o

o

d

3
o

TABLE NO. 16.—Classification of investments in living and court trust accounts under administration by the active national bank trust departments.
Dec. 81, 1951
Trust investments classified according
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
.-




_

__-

to

Bonds

Percent

Stocks

Percent

Real-estate
mortgages

Percent

Real estate

Percent Miscellaneous Percent Total investments

$125,867
1, 965, 250
26,866, 276
123, 225, 298
328, 501,174
12, 426,128, 890

$5,736
69.99
774. 501
51.27
17,376, 832
47.59
42.30 104, 998, 987
29.96 362,836,585
67.03 4,180, 919,157

3.19
20.21
30.78
30.04
33.09
22.55

$42, 229
258,164
4, 273, 213
29, 230, 957
294, 547, 976
497. 765, 402

23.48
6.73
7.57
10.03
26.87
2.68

$4, 550
809, 766
6, 691, 284
23, 943, 990
73, 771, 433
570,189, 056

2.53
21.12
11.86
8.22
6.73
3.08

$1,451
25,606
1, 241,338
9, 940, 516
36, 740, 217
864, 741, 269

0.81
$179,833
.67
3,833, 287
2.20
56, 448,943
3.41
291,339, 748
3.35 1, 096,397,385
4.66 18,539, 743, 774

12, 906, 812, 755

64.57 4, 666,911, 798

23.35

826,117, 941

4.13

675,410,079

3.38

91% 690,397

4.57 19, 987, 942, 970

TABLE N O . 17.—Fiduciary activities of national banks by States as of Dec. 31, 1951

Location

Alabama
Alaska
Arizona
Arkansas
California
...
Colorado
_
Connecticut
Delaware
District of ColumbiaFlorida
Georgia
Hawaii
Idaho
Illinois
_
_
Indiana
Iowa.
Kansas
Kentucky
Louisiana
_._
Maine
Maryland
Massachusetts.,
Michigan
Minnesota
______
Mississippi
Missouri.
Montana
Nebraska
Nevada
;
_
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon

Number
Total
Capital of
Number with aunumber
banks auof banks
thority
authorized thorized to
exercising but not
fiduciary exercising to exercise exercise fidupowers
fiduciary fiduciary ciary powers
powers
powers

80
30
26
43
15
23
13
69
18
20
13
28
8
10
2
22
107
4
151
23
3
43
19




31
3
2
18
22
29
34
6
7
26
18
1
3
107
90
44
32
52
17
25
18
85
22
26
16
35
10
17
3
32
122
7
163
24
6
48
27
7

$17,495,000
950,000
7,400,000
7,825,000
238,010,000
11,590,000
20,683,000
925,000
12,000,000
23,850,000
18,512,500
4,000,000
5,850,000
195,480,000
31,735,000
11,340,000
11,625,000
11,750,000
17,800,000
8,550,000
10,200,000
75,645,000
34,420,000
27,930,000
3,878,000
37,775,000
3,075,000
13,805,000
1,725,000
4,691,667
49,309, 550
4,250,000
331, 543,749
6,875,000
1,700,000
65,275,000
21,750,000
21,185,000

Number of individual trusts
Total banking assets of
banks auAgency,
thorized to
Court custodian,
exercise fidu- Living trusts
escrow,
Total
ciary powers trusts
safekeeping
etc., trusts
$930,379,898 1,406
63, 779,841
0)
406,136,829
0)
369,521,877
278
11,794,655,258 5,627
800,769,796
967
941,211,413 1,511
25,659,306
18
782,945,197
889
1,208,388,717 1,295
1,079,032,437
687
194,133,904
311,495,093
166
8,424,053,624 24,122
1,177,280,996 1,636
430
702,579,223
581
676,293,127
335
618,501,095
452
1,329,466,388
379
232,867,741
562
620,484,171
3,446,995,410 2,161
2,724,661,811 1,310
1,719,085,224 2,046
214,633,929
212
1,870,136,712 1,663
186,090,041
66
703,470,341
398
159, 758,722 2 370
191,982,472
242
2,426,851,528 1,206
171
200,196,917
14,303,941,661 4,038
447,872,979
385
84,525,339
135
3,382,251,001 3,093
1,163,182,118
397
1,333,027,826 1,381

1,160

606

0)
(0

•

709
8,483
1,051
3,231
117
164
1,141
1,085
312
5,592
2,973
545
310,
1,398
599
581
543
2,216
1,339
2,695
214
382
46
343
2 657
273
2,913
143
6,900
1,692
199
3,000
184
642

(0
0)

Trust
Number
department
of corBond issues gross earnporate
ings for
outstanding
Assets of indi- trusts
where bank
vidual trusts
being acts as trustee year ended
Dec. 31,
adminis1951
tered

3,172

$352,339,374

0)
0)

0)
<0

58
6,342 1,045
1,241 20,452
2,288 3,259
7,030
2
137
557
1,610
1,198
774 3,634
2,546
500
22
9,902 39,616
5,876
1,267
378 1,353
3,306 4,197
173 1,906
2,816
1,765
264 1,224
1,526
421
6,540
2,163
4,267
1,618
4,237 8,978
465
39
3,658
1,613
41
153
1,246 2 1,987
2 165 1,192
116
631
1,397
5,516
685
371
14,090 25,028
103 2,180
27
361
2,987
5,004 5,585
340 2,363

26,699,057
2,018,584,300
229,708,793
575,982,205
1,604,500
214,130,467
369,083,342
217,091,685
8,045,783
6,956,096,570
253,236,216
59,759,476
132,846,246
37,651,208
318,458,727
84,935,337
151,097,309
1,032,212,780
1,334,461,617
1,448,434,177
12,885,551
460,228,917
3,821,722
237,028,277
2
78,304,799
32,275,261
505,809,111
15,602,929
12,670,441,541
56,250,532
10,804,830
1,325,196,839
319,128,863
196, 560,303

481

$153,721,591

937
156
157

120,492,996
950,590,809
91,942,051
52,047,987

29
154
305

112,951,346
211,569,959
90,820,603

151,000
10,704,000
673,000
2,063,000
13,000
647,000
1,036,000
918,000

27
1,421
253

2,082,000
3,170,830,962
90,316,298
9,672,448
78,845,625
9,662,575
103,427,319
57,059,472
96,165,397
231,459,446
293,631,837
68,163,096
988,300
104, 591,845
2,142,525
136,220, 540
2 4,446,280
1,585,379
45,482,303
36, 522,879
5,700,729,922
91,978,762
80,976,203
316,906, 549
320, 571,479
9, 586,400

56,000
10,899,000
1,047,000
377,000
343,000
251,000
384,000
311,000
387,000
2,772,000
2,058,000
2,368,000
74,000
1,160,000
26,000
346,000
2 481,000
139,000
1, 726,000
153,000
11,856,000
387,000
57,000
3,647,000
444,000
737,000

70
203
110
28
182
374
312
19
419
16
119
2 27
12
115
41
534
129
35
1,558
140
118

([)

$873,000

0)

Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
dming
--

205
3
10
5
24
73
3
18
63
18
20
24
12

TotaL.._.

1,512

169,245,350
3,870,000
6,600,000
3,175,000
28,136, 500
113,545,000
4,000,000
3,227,500
24,683,000
30,900,000
8,345,000
12,065,000
1,910,000

1,773 1,782,105,816 86,081,933,895

1 Included withfiguresfor the State of Nevada.
Includes figures for 2 banks in Alaska and 2 banks in Arizona.

2




6,445,809,665
197,283,927
460, 501,074
194,981,838
1,547,009,874
5,284,605,803
240,501,353
114,385,166
1,171,743,412
1,878,118,229
418,282,232
693,593,965
186,817,395

11,759 21, 745
252
209
1,271
499
103
233
1,200 1,250
3,757 1,293
158
190
198
344
1,383 3,558
2,230 1,016
598 1,338
771 1,927
145
269
84,440

87,149

2,773
258
252
55
717
2,607
323
53
1,723
1,128
203
1,019
385

36,277 2,261,904,220
67,591, 537
719 .
91,753,223
2,022
• 10,529,702
391
272, 583,898
3,167
627,794,169
7,657
37,929,102
671
16,069,962
595
450,377,701
6,664
288, 555,566
4,374
50,721,351
2,139
195,972,513
3,717
18,046,684
799

78,171 249,760 36,136,628,272

837,625,316
1,773,700
84,955,441
68,600
35,846,655
535,089,063
3,002,000
776,475
104,473,331
49,742,498
4,236,516
44,450,521
340,363

7,103,000
235,000
300,000
47,000
950,000
2,859,000
108,000
83,000
1,586,000
1,200,000
331,000
719,000
45,000

17,387 14,550,563,662

75,130,000

946
4
96

10
614
669
92
6
131
213
19
242
28

W
O

o

3
Ed
O
f

g
Ed

d
Ed
Ed
o

TABLE NO. 18.—Earnings, expenses, and dividends of national banks for the year ended Dec. 31, 1951
[In thousands of dollars]
Earnings from current operations

Location

Maine.
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut

_
51
38
115
6
48

.__

Total New England States
New York
_
New Jersey
_
Pennsylvania
Delaware
Maryland
_-_
District of Columbia.-.

Interest and dividends
on securities
U.S.
Government
obligations
1,714
1,229
886
18,514
2,252
5,424

Other
securities
472
339
213
4,062
195
1,503

Interest
and
discount
on loans

4,048
3,999
3,124
45,521
4,743
11,520

Service
charges
and other
fees on
banks'
loans
10
13
19
476
5
94

Other service
charges, comService
missions,
Trust
charges
fees, and
departon deposit
collection
accounts and exchange ment
charges
414
692
303
4,598
416
1,714

101
143
76
2,664
59
403

311
139
83
2,772
235
2,063

Other
current
earnings

212
302
144
6,756
275
1,107

Total
earnings
from
current
operations
7,282
6,856
4,848
85,363
8,180
23,828

290

30,019

6,784

72,955

617

8,137

3,446

5,603

8,796

136,357

372
202
619
11

68,931
20,325
51,790
337
5,719
5,785

27,142
5,520
18,018
70
734
480

168,004
35,720
97,428
725
7,574
7,623

3,537
238
892
5
28
42

12,540
4,766
6,536
37
770
1,128

5,559
907
2,694
17
230
191

11,856
1,726
7,103
13
387
647

26,611
2,247
7,886
13
646
461

324,180
71,449
192,347
1,217
16,088
16,357

1,272

__
_.

152,887

51,964

317,074

4,742

25,777

21,732

37,864

621,638

133
74
46
25
51
63
70
24
36
443
52
93
74

7,783
4,266
2,842
2,874
4,712
10,901
5,603
1,373
8,775
30, 561
2,789
4, 464
8,118

1,585
538
586
525
1,239
2,193
1,821
681
1,829
7,101
1,102
929
2,210

21,129
8,322
8,523
6,453
19, 249
14,505
17,153
3,085
14, 234
97,787
6,287
10,102
26,262

141
139
103
11
215
72
118
8
26
907
25
147
134

1,802
663
1,054
978
2,016
3,188
1,561
445
1,855
6,247
799
845
1,393

574
215
552
763
2,030
1,224
1,013
512
1,081
3,787
639
167
1,591

1,586
331
387
300
918
1,036
873
74
384
2,859
151
251
950

1,051
700
641
279
1,171
2,514
1,418
202
2,082
526
574
1,515

35,651
15,174
14,688
12,183
31,550
35,633
29,560
6,380
30, 266
158,512
12,318
17,479
42,173

95,061

22,339

2,046

22,846

14,148

10,100

21,936

441, 567

_.

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

Number
of
banks l

__.
-

Total Southern States




1,184

253,091

Ohio
:
Indiana
Illinois
Michigan
Wisconsin
.
Minnesota
Iowa
Missouri
Total Middle Western States

.

239
125
386
78
95
178
97
79

26, 923
14, 471
67,637
22, 732
11,976
11,808
5,353
9,577

4,826
2,182
14,055
3,866
2,283
3,422
1,451
2,502

50,054
22,343
99,169
40, 596
15,084
33, 217
10, 769
24,176

462
244
1.996
666
165
308
35
196

4,586
2,307
9,883
3,316
1,677
3,291
1,270
1,361

. 1,513
686
2,625
1,567
585
2,524
557
434

3,647
1,047
10,899
2,058
719
2,368
377
1,160

5,502
2,271
10,257
2, 249
1,812
2,246
738
1,084

97, 513
45, 551
216, 521
77,050
34,301
59,184
20,550
40,490

.___

1,277

170,477

34, 587

295,408

4,072

27, 691

10,491

22, 275

26,159

591,160

642
59
596
286
3,646
40
7,639
255
57
North Dakota
8,550
255
47
55
667
589
343
4,878
35
South Dakota
Nebraska
24,820
1,281
346
45
1,596
581
1,314
13,632
123
Kansas
„
24,152
1,298
343
121
1,637
440
1,442
13,001
174
Montana
8,060
435
26
103
654
276
310
3,973
39
Wyoming
5,603
253
45
58
401
194
207
3,132
24
Colorado
24,296
894
673
76
1,904
385
852
13,044
77
New Mexico
8,383
285
153
173
427
205
170
5,366
26
Oklahoma
40,489
2,593
444
83
2,432
751
2,264
23,061
198
10,360
773
36,238
7,188
736
151,992
7,549
2,134
83, 733
4,017
Total Western States
436
4,613
3,874
32,624
9,326
35
54,853
1,534
1,200
1,246
Washington
Oregon
39,339
1,187
737
237
2,862
819
7,677
1,943
23,877
20
California
369,347
14,423
10, 704
5,263
23,829
6,057
58,427
18. 236
232,408
93
Idaho
10,946
342
56
105
755
188
2,561
207
6, 732
13
Utah
9,303
389
108
205
604
177
1,806
185
5,829
11
Nevada
4,744
230
159
82
248
68
1,168
195
2,594
5
Arizona
14,875
1,186
302
344
1,010
320
1,537
452
9,724
3
82,502
25,092
6,672
33,921
8,875
313,788
180
13, 266
503,407
19,291
Total Pacific States
18,922
128,732
1,336,049
567,184
147,954
4,939
2,446,121
121, 595
75,110
50, 575
Total United States (exclusive of possessions)
12
78
2,445
72
601
86
1,053
523
5
20
Alaska (nonmember banks)
5,592
162
209
368
3,556
1,058
239
1
The Territory of Hawaii (nonmember bank)
1
2
84
200
47
1
66
Virgin Islands of the United States (nonmember bank)...
86
448
4,693
20
1,628
251
8,237
235
876
7
Total possessions (nonmember banks)
129,180
19,008
1,340, 742
568,812
148,205
2,454,358
121,830
51,451
4,946
75,130
Total United States and possessions
2,594
5,713
116,631
49,560
22,280
234,980
24,212
3,193
5
10, 797
121,771
9,286
6,781
57,614
907
1,626
660
10
36,964
7,933
New York City (central Reserve city)
_
1,042,595
48,664
34,868
10,148
53,317
20,246
211
219,883
57,215
598,254
Chicago (central Reserve city)
1,046,775
20,159
41,938
563,550
5,273
68,076
26,476
4,713
260, 777
60,526
Other Reserve cities
8,237
235
20
876
4,693
86
448
1,628
251
7
Country banks (member banks)
Possessions (nonmember banks)
i 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.




2,098
1,716
6,025
5,870
2,283
1,313
6,468
1,604
8.861

TABLE NO. 18.—Earnings, expenses, and dividends of national banks for the year ended Dec. 31, 1951—Continued
[In thousands of dollars]
Current operating expenses
Fees paid
to directors Interest
and mem- on time
bers of
deposits
Employees other executive, (including
than officers
discount
savings
and
advisory
2
Amount Number committees

Salaries and wages
Location
Officers
Amount
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

937
943
571
8,219
683
2,929

168
186
130
1,015
64
384

1,294
1,169
812
17, 701
1,359
5,399

574
551
373
7,276
337
2,298

93
97
77
430
69
148

901
588
1,020
3,942
809
1,827

Taxes
other
than on
net
income

Recurring
depreciation on
banking
house,
furniture

Other
current
operating
expenses

Total
current
operating
expenses

1,317
1,366
876
15, 949
1,323
4,480

4,861
4,530
3,533
50,519
4,592
16,042

Net
earnings
from
current
operations

fixtures
9
13
2
97
8
36

252
187
79
2, 592
212
655

58
167
96
1,589
129
568

2,421
2,326
1,315
34,844
3,588
7,786

14, 282

._

1,947

27, 734

11,409

914

9,087

165

3,977

2,607

25,311

84,077

52, 280

26, 966
7,704
18,835
171
1,682
1,759

.

Virginia
. .
West Virginia
North Carolina
_
South Carolina
Georgia
Florida
Alabama.
Mississippi
- - __ _
_
Louisiana
Texas
Arkansas
- Kentucky .
Tennessee _
Total Southern States..
Ohio
- ..
Indiana
Illinois
Michigan



Number i

Interest
and discount on
borrowed
money

2,967
1,186
2,948
37
270
190

72, 044
14, 262
35, 250
165
2,711
3,497

24,467
6,017
13, 215
65
1,162
1,273

1,263
846
1,892
21
175
122

. 17,125
9,039
18,447
152
1,496
668

1,377
113
347
36
21

6,967
2,857
6,463
30
754
570

3,000
1,730
3,433
29
261
319

57, 737
12. 272
27, 977
174
2,631
2,617

186,479
48,823
112, 644
742
9,746
9,573

137, 701
22. 626
79, 703
475
6,342
6,784

57,117

7,598

127, 929

46,199

4,319

46, 927

1,894

17,641

8,772

103,408

368,007

253,631

4,168
1,818
1,897
1,459
3,362
3,769
3,360
952
3,156
20,031
1,848
2,322
4,356

737
309
275
232
462
555
485
149
371
2,895
292
461
659

5 ; 873
2,384
2,625
2,381
6,337
7,185
5,238
1,202
6,199
26,303
1,965
2,910
7,610

2,621
984
1,117
1,070
2,661
3,092
2,213
530
2,523
10, 776
892
1,432
3,388

313
161
88
66
190
168
154
71
190
863
136
183
174

4,032
1,496
880
458
1,329
1,826
1,828
406
1,913
4,601
486
998
3,522

43
30
20
5
85
43
6
1
5
68
8
26
137

1,186
385
340
119
1,546
939
291
291
1,811
8,967
390
697
1,838

698
359
324
231
541
1,052
490
95
552
2,510
188
342
671

5,116
2,331
2,639
2,280
7,373
6,746
5,130
1,207
5,339
27, 514
2,098
2,811
7,006

21,429
8,964
8,813
6,999
20,763
21, 728
16, 497
4.225
19,165
90, 857
7,119
10, 289
25,314

14, 222
6,210
5,875
5,184
10, 787
13,905
13,063
2,155
11,101
67,655
5,199
7,190
16, 859

52,498

7,882

78,212

33, 299

2,757

23,775

477

18, 800

8,053

77, 590

262,162

179,405

9,660
4,981
20,276
6,500

1,426
772
2,397
671

17,324
8,468
40,183
17,325

7,019
3,542
14,815
6,659

665
297
974
291

8,812
4,153
20, 049
7,221

123
15
452
336

6,670
2,473
6,512
2,292

1,588
771
2,390
972

15, 657
7,720
35, 662
12, 016

60,499
28, 878
126,498
46,953

37,014
16, 673
90,023
30,097

Wisconsin
Minnesota
Iowa
Missouri
Total Middle Western States
North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma
Total Western States
Washington
Oregon...
California
Idaho
Utah
Nevada
Arizona
Total Pacific States
Total United States (exclusive
of possessions)
Alaska (nonmember banks)
The Territory of Hawaii (nonmember
bank)
Virgin Islands of the United States
(nonmember bank)
Total possessions (nonmember
banks)
Total United States and possessions
New York City (central Reserve city).
Chicago (central Reserve city)
Other Reserve cities
Country banks (member banks)

3,896
7,041
3,000
4,221

542
1,066
467
598

7,761
12,355
3,358
7,943

3,125
4,905
1,443
3,285

231
299
135
199

3,789
4,920
1,485
2,108

27
228
25
79

597
762
442
743

608
858
283
646

6,147
10,140
3,489
6,889

23, 056
36, 603
12, 217
22, 828

11, 245
22, 581
8,333
17, 662

59, 575

7,939

114, 717

44, 793

3,091

52,537

1,285

20, 491

8,116

97, 720

357, 532

233, 628

994
1, 262
3, 576
3,831
997
837
2,848
1,065
5,675

176
221
562
721
164
143
454
175
980

1,208
1,425
4,082
3,595
1,446
940
4,365
1, 696
6, 650

581
674
1,814
1,611
645
361
1,861
731
2,849

42
30
202
220
33
55
211
40
191

636
515
840
839
359
383
2,180
453
1,469

7
9
130
7
3
8
27
19
55

145
136
806
721
513
165
310
304
553

132
159
358
274
165
185
261
165
837

1,247
1,606
4.645
4,379
1,507
793
3,751
1,561
6,952

4,411
5,142
14, 639
13, 866
5,023
3,366
13, 953
5,303
22,382

3,228
3,408
10,181
10, 286
3,037
2,237
10,343
3,080
18,107

21, 085

3,596

25, 407

11,127

1,024

7,674

265

3, 653

2,536

26, 441

88, 085

63,907

6,307
4,478
29,387
1,482
903
511
1, 665

832
738
3,969
206
121
79
218

13, 063
9,247
75, 874
1,967
1,759
939
3,694

4, 765
3,425
24, 723
809
748
366
1,511

158
53
504
40
45
8
26

4, 454
4,403
65,104
1,372
1,149
647
613

27
81
1,162
15
32
6

907
559
9,945
171
122
185
313

1,204
870
4, 053
247
158
75
280

9.409
5,836
41, 609
1,685
1,601
575
3,222

35, 529
25, 527
227, 638
6,979
5,769
2 940
9.819

19,324
13, 812
141, 709
3,967
3,534
1,804
5,056

44, 733

6,163

106, 543

36, 347

834

77, 742

1,323

12, 202

6, 887

63,937

314, 201

189, 206

249, 290

35,125

480, 542

183,174

12, 939

217, 742

5,409

76, 764

36, 971

394, 407

1, 474, 064

972, 057

281

36

660

195

4

84

36

50

404

1,519

926

718

63

1,201

387

13

767

157

118

717

3,691

1,901

29

4

44

22

1

33

1

2

19

129

71

1.028

103

1,905

604

18

884

194

170

1,140

5,339

2, 898

250,318

35,228

482,447

183, 778

12, 957

218, 626

5,409

76, 958

37,141

395, 547

1,479. 403

974, 955

15,909
8,111
88,159
137, 111
1,028

1,139
591
9,973
23,422
103

54, 783
22,364
220,052
183,343
1.905

17. 249
7, 273
79, 252
79, 400
604

320
153
2,256
10, 210
18

6,988
9,522
101, 446
99, 786
884

1,114
401
3,003
891

4,900
3,764
33, 799
34,301
194

1,117
681
13, 847
21,326
170

40,310
19,097
158, 986
176, 014
1,140

125, 441
64,093
621, 548
662, 982
5,339

109, 539
.57, 678
421. 047
383, 793
2,898

1 Number at end of period.
2 Number of full-time and part-time employees at end of period.




TABLE NO. 18.—Earnings, expenses, and dividends of national banks for the year ended Dec. 31, 1951—Continued
[In thousands of dollars]
Losses, charge-offs, and transfers to valuation reserves *

Recoveries, transfers from valuation reserves, and profits i
On securities

On loans

Location
Transfers
Recovfrom
eries valuation
reserves
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut

Losses Transfers Losses Transfers
to
to
and
and
charge- valuation charge- valuation
reserves
offs
reserves
offs

New York
New Jersey
Pennsylvania
Delaware
_ _
Maryland
District of Columbia
Total Eastern States

_

_ _

Total Southern States
Ohio
Indiana
Illinois
Michigan
Wisconsin



64
58
59
661
17
150

1
16
4
1,851
110
9

60
89
15
490
33
67

244
277
100
4,456
238
400

258
131
44
2,330
27
234

12
200

48

68
45
18
574
76
79

86

35
95
46
138
5
11

881

860

1,009

1,991

754

5,715

3,024

1,067

283
133
580
2
30

937
96
2,018

4,975
1,031
19,136
4
64
66

1,203
633
1,037
11
90
130

3,283
2
426

4,046
480
1,686
2
34
334

14,727
2,375
24,883
19
258
530

4,085
1,577
3,836
4
268
540

1,299
174
4,037

1,028

...

Total New England States

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

All
other

On loans

On securities

220

_ _ _ _.
...

Profits on
Transfers
securities Recovfrom
sold or
eries valuation
redeemed
reserves

Total
recoveries,
transfers
from
valuation
reserves,
arid profits

3,051

25,276

3,104

3,751

6,582

42,792

10,310

41
32
22

29

289
191
32
5
64
51
223
38
290
1,251
147
65
81

47

62
14

182
122
70
111
91
122
197
126
161
2,289
37
57
275

773
430
379
134
387
463
717
245
839
5,388
311
341
1,532

738
176
232
389
682
522
850
213
313
3,104
369
372
1,429

51
69
4
47
2
47

833

40

All

other

Total
losses,
charge-offs,
and transfers to
valuation
reserves
662
642
295
11,872
733
1,717

250
163
195
7,117
520
987

107
53
10
1,518
181
399

330

9,232

2,268

15,921

653
197
755
9
35
12

21,605
2,804
20,450
26
295
533

990
706
3,535
8
111
91

28,632
5,458
32,613
47
714
1,176

5,515

1,661

45,713

5,441

68,640

268
7
2
27

469
430
27
110
68

84
80
28
5
25
121
488
58
64
2,140
244
115
48

709
135
473
236
1,028
502
1,928
354
269
7,971
235
408
2,070

436
202
102
77
375
219
591
137
953
3,090
118
265
852

2,235
600
837
734
2,110
1,389
3,857
762
2,068
16,735
993
1,270
4,467

769

5

66
52
11
55
16
463
56
29
71

53
14
27
742

185
85
68
18
162
238
137
24
325
946
57
101
349

914

1,011

2,695

2,727

752

3,840

11,939

9,389

1,433

3,500

16,318

7,417

38,057

181
32
843
116

91
943
707
6

541
299
3,572
710
912

452
160
727
180
96

338
92
2,037
82
3

178
799
1,911
592
103

1,781
2,325
9,797
1,686
1,157

2,359
1,524
7,910
5,164
584

1,733
844
1,497
774
214

240
100
661
141
61

4,801
1,260
14,435
1,738
2,315

771
1,52&
1,848
614
190

9,904
5,254
26,351
8,431
3.364

43

146

41
4
149
2
47
386

25

Minnesota
Iowa
Missouri. _
-Total Middle Western States...
North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma
Total Western States
Washington
_
Oregon
California
_
Idaho
Utah
Nevada
Arizona
_ _.
_
Total Pacific States
Total United States (exclusive
of possessions)
Alaska (nonmember banks)
The Territory of Hawaii (nonmember
bank)
Virgin Islands of the United States
(nonmember bank).__
Total possessions (nonmember
banks)
Total United States and posessions
New York City (central Reserve city) _
Chicago (central Reserve city)
Other Reserve cities
Country banks (member banks).__ _
_
Possessions (nonmember banks)
1
2

245
382
175

39

321
184
301

445
36
133

49
63
13

221
97
169

1,283
762
830

858
733
1,397

630

525
78
149

1,056
966
1,180

753
233
304

3 40£
2,010
3,660

2,017

1,788

6,840

2,229

2,677

4,070

19,621

20,529

5,908

1,955

27,751

6,239

62,382

22
22
97
58
41
15
69
9
91

27
26
83
271
200
51
166
161
528

22

157
118
530
513
776
146
687
364
858

216
74
551
577
177
154
833
35
650

118
48
190
35
667

90

20
40
86
76
16
52
246
124
128

47

18
35
93
382
156
50
237
177
616

334
347
697
496
199
89
1,140
266
1,272

102
51
607
472
79
49
335
201
481

788
555
2,138
1,962
1,278
342
2,545
679
3,066

424

1,513

253

788

4,149

3,267

1,105

1,764

4,840

2,377

13,353

185
298
3,013
17
45
2
45

89
71
867
21
70
3
57

28

2,019
674
1,173
309
173
11
217

930

2.621
29

442
625
9,476
113
145
12
143

1,169

86
12
162
27
59

2,429
1,390
16,931
37
73
86
539

338
212
2,581
72
193
24
164

5,802
2,288
22,016
445
498
121
920

66
30
83
93
382
4
175
5
21
859
13
17
533
13

2

150
97
65
312

31

27

127
239
2,430
33
27
7
14

576

15

3,605

1,178

2,705

2,877

10, 956

4,576

2,099

346

21,485

3,584

32,090

5,614

7,058

39.700

11,760

12,129

18,911

95,172

51, 095

17,127

9,556

125,339

27,326

230,443

3

19

11

33

2

35

33

107

74

251

19

346

72

437

93

17

150

48

308

1

1

4

5

83

471

96

35

50

257

126

564

12
3

1
23

365

5,614

7,058

39,723

12,125

12,129

18,994

95, 643

51,191

17,162

9,606

125,596

27,452

231,007

154
552
2,087
2,821

821
417
5,101
719

4,402
3,320
26,152
5,826
23

567
577
3,463
7,153
365

3,047
1,807
5,134
2,141

3,440
1,333
7,798
6,340
83

12,431
8,006
49, 735
25,000
471

2,222
5,087
21,571
22.215
96

915
1,147
11,623
3,442
35

152
400
877
8,127
50

17,476
10,660
62,983
34,220
257

235
849
13,266
12,976
126

21,000
18,143
110,320
80,980
564

Not including recoveries credited to valuation reserves.
Not including losses charged to valuation reserves.




31
15
40
24

216

TABLE N O . 18.—Earnings, expenses, and dividends of national banks for the year ended Dec. 31, 1951—Continued
[In thousands of dollars]
Taxes on net income
Profits
before
income
taxes

Location

Maine
New Hampshire
Vermont
M assachusetts
Rhode Island
Connecticut

_

__ _

__

. _

. .

702
524
343
9,967
737
2,066

Total
cash
dividends
declared

702
524
343
9,971
737
2,066

Capital
accounts 1

Net profits
before
dividends
to capital
accounts N

Expenses
to gross
earnings

24,221
21,454
14,426
274, 222
21, 533
61,327

Percent
5.71
6.74
5.59
6.06
6.88
6.62

Percent
66.75
66.07
72.88
59.18
56.14
67.32

_

_ _

.
_

-

_ __ _
- ---__

- —.




2,395

25, 795

4

14,339

14,343

417,183

6.18

61.66

51,647
6,282
26,232
133
1,644
2,870

5,408

66, 741
13, 261
45, 741
314
4,242
3,268

177
124
2

42,307
4,481
23,204
167
2,198
1,645

42,484
4,605
23,206
167
2,198
1,645

1,136,322
177,425
733,448
5,515
54,750
41,253

5.87
7.47
6.24
5.69
7.75
7.92

57.52
68.33
58.56
60.97
60.58
58.53

88,808

5,408

133, 567

303

74,002

74,305

2,148, 713

6.22

59.20

12,760
6,040
5,417
4,584
9 064
12,979
9,923
1,638
9,872
56,308
4,517
6,261
13,924

5,095
2,293
2,232
2,004
4 137
5,092
3,655
376
3,810
23,432
1,496
2,091
5,491

479

3,379
1,365
1,142
1,120
2 743
2,243
2,506
428
1,850
15,432
1,122
1,491
3,549

93, 501
42,956
35,011
25,178
63 449
91,858
69,630
14,001
69,139
377,801
32,177
47,618
96, 506

8.20
8.72
9.10
9.69
7.77
8.59
8.31
9.01
8.77
8.70
9.39
8.76
8.74

60.11
59.07
60.00
57.45
65.81
60.98
55.81
66.22
63.32
57.32
57.79
58.86
60.02

153,287

__

13,884

227,783

_

Total Southern States
Ohio
Indiana

40
1,974
144
237

1 383
1 445
807
16,619
1,482
4,059

On
common
stock

42,074

-_

_

620
516
273
8,835
1,467
2,173

On
preferred
stock

123, 796
19, 543
71,973
447
5,886
6,138

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

State

2,003
1,961
1,120
27,428
3,093
6,469

Total New England States
New York
_
New Jersey
Pen TI syl van i a
Delaware
Maryland
District of Columbia _

Federal

Ratios

Cash dividends declared
Net
profits
before
dividends

61,204

618

28,891
13,744

11,821
4,802

139

4

3,379
1,365
1,142
1,120
2 743
2,243
2,506
423
1,850
15,417
1,117
1,491
3,545

91,465

29

38,341

38,370

1,058,825

8.64

59.37

17,070
8,942

64
2

7,553
3,048

7,617
3,050

255,132
114, 225

6.69
7.83

62.04
63.40

7,665
3,747
3,185
2,441
4 927
7,887
5,789
1,262
6,062
32,876
3,021
4,170
8,433

5
15
5

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

69
38
2
39

436

50,442
13,823
5,855
11,425
4,950
9,068

19,324
6,176
2,607
4,971
1,440
3,990

19,393
6,214
2,609
5,010
1,440
3,990

634, 727
158,914
96,088
142,855
50,311
112, 652

1,725

121, 575

214

49,109

49,323

1, 564, 904

7.77

60.48

55
66

2

527

1,453
1,646
5,791
5,559
1,434
1,229
4,751
1,603
9,018

683
647
2,163
1,741
723
348
1,895
584
3,614

683
647
2,164
1,741
725
348
1,895
584
3,614

14, 441
14, 746
60, 793
58, 947
13, 405
10,833
59, 218
16,056
106, 624

10.06
11.16
9.53
9.43
10.70
11.34
8.02
9.98
8.46

57.74
60.14
58.98
57.41
62.32
60.07
57.43
63.26
55.28

'__

974

32,484

3

12,398

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)

12, 401

355, 063

9.15

57.95

923
3,066
174
69
114

9,211
7,360
76, 532
2,113
1,769
936
2,156

35

3,749
2,765
49, 062
859
727
404
937

3,749
2,765
49, 086
859
727
404
972

109, 638
81,136
688, 840
18, 080
17,361
9,478
21,032

8.40
9.07
11.11
11.69
10.19
9.88
10.25

64.77
64.89
61.63
63.76
62.01
61.97
66.01

4,346

100,077

59

58, 503

58, 562

945, 565

10.58

62.41

15, 466

504, 963

612

246, 692

247,304

6, 490, 253

7.78

60.26

133
400

133
400

3,144
12, 578

12.79
10.26

62.13
66 01
64.50

73,469
23,352
9,038
20,456
7,085
14,832

23,027
9,529
3,153
7,772
2,135
5,328

30
1,259

190,867

_
_

67, 567

2,597
2,971
8,573
8,837
2,535
2,041
8,485
2,765
15, 899

1,089
1,259
2,782
3,278
1,101
812
3,408
1,162
6,354

54, 703

21, 245

13,964
12,149
129,169
3,635
3,181
1,695
4,279

4,753
3,866
49, 571
1,348
1,343
759
2,009

168,072

63,649

836, 786

316,357

708
2,030

306
740

326

-'!

1

24

402
1, 290

Z

7.95
8.70
6.09
8.00
9.84
8.05

58.42
60.94
67.22
61.85
59.45
56.38

67

27

40

3

5

8

403

9.93

2,805

1,073

1, 732

3

538

541

16,125

10.74

64.82

839, 591

317,430

15, 466

506, 695

615

247, 230

247,845

6, 506,378

7.79

60.28

100, 970
47,541
360, 462
327,813
2,805

44,432
14,637
146,433
110,855
1,073

4,439
6,542
4,485

52,099
32, 904
207, 487
212, 473
1,732

68
111
433

36,377
13. 910
115, 902
80, 503
538

36,377
13, 978
116,013
80, 936
541

904, 651
429,785
2, 575,452
2, 580,365
16,125

5.76
7.66
8.06
8.23
10.74

53.38
52.63
59.62
63.34
64.82

3

i Represents aggregate book value of capital stock, surplus, undivided profits, reserves, and retirement fund for preferred stock. Figures are averages of amounts reported for
Dec. 31,1950, June 30,1951, and Dec. 31,1951.




TABLE NO. 19.—Earnings, expenses, and dividends of national banks, by Federal Reserve districts, for the year ended Dec. 31, 1951
[In thousands of dollars]
District District District District District District District District District
No. 1
No. 2 No. 3 No. 4 No. 5 No. 6 No. 7 No. 8 No. 9
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.

District District NonGrand
No. 11 No. 12 member total

28,695
6,379
69,811

84,991
31,730
198,758

35,050
11,472
68,853

51,820
13,206
92,322

28,995
4,399
59,044

35,005
8,531
80,172

112,779
21,800
171,359

21,017
5,758
50,940

20,171
4,742
49,754

33,480
7,199
77,898

32,679
7,646
103,350

82,502
25,092
313,788

586
7,657

3,785
16, 578

398
5,530

1,012
7,179

456
6,357

476
9,511

2,948
17,053

523
3,482

577
5,783

574
8,847

915
6,834

6,672
33,921

86
448

19,008
129,180

3,352
5,260
8,483

6,335
13, 577
28,484

1,821
2,672
4,338

2,706
8,597
10,166

2,519
3,603
3,719

6,244
3,807
7,881

5,443
14,699
16,074

2,351
1,386
2,731

4,167
2,552
3,532

2,576
2,737
7,097

4,186
2,954
9,799

8,875
13,266
19,291

876
20
235

51,451
75,130
121,830

130, 223

384,238

130,134

187,008

109,092

151,627

362,155

88,188

91, 278

140, 408

168,363

503,407

8,237 2, 454,358

13, 596
26,228
1,855

33, 529
84,384
3,890

13,343
23,340
2,378

18, 284
34,090
2,631

12,641
19,338
1,988

16, 453
28,976
2,339

34,086
72,634
4,114

10,768
15,331
1,677

11,515
17,563
1,838

18,991
24,028
3,146

21,351
28,087
S, 106

44,733
106, 543
6,163

1,028
1,905
103

250,318
482,447
35,228

10, 763

29,617

9,386

13,004

8,167

12,364

27,474

6,914

7,331

10,253

11,554

36,347

604

183,778

Current Operating Expenses:
Salaries and wages:
Officers
Employees other than officers
Number of officers 1 -_
Number1of 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
Recurring depreciation on banking house,
furniture and fixtures
Other current operating expenses.
._.
Total current operating expenses

District
No. 10

568,812
1,628
148, 205
251
4,693 1,340,742

877

1,851

1,853

1,134

907

857

1,536

716

484

954

936

834

18

12,957

8,380
156
3,827

25,086
1,486
9,190

13,543
306
4,317

16,261
185
9,996

8,926
154
3,320

9,529
176
5,845

33,286
843
11,015

5,847
211
2,802

7,441
247
1,753

6,715
254
3,115

4,986
68
9,382

77, 742
1,323
12,202

884
194

218,626
5,409
76,958

2,451
24, 203

4,382
68,351

2,475
19, 794

3,248
28,004

2,174
17, 437

3,031
28,376

4,452
59,898

1,405
14,868

1,461
15,821

2,268
24,345

2,737
29,373

6,887
63,937

170
1,140

37,141
395, 547

79, 718

228,259

78, 971

111, 202

64,897

93, 243

217, 750

51,948

56,285

80,670

96,920

314, 201

5,339 1,479,403

_

50, 505

155,979

51,163

75,806

44,195

58,384

144,405

36,240

34,993

59,738

71,443

189,206

2,898

974,955

Recoveries, transfers from valuation reserves,
and profits:
On securities:
Recoveries
Transfers from valuation reserves
Profits on securities sold or redeemed.

218
861
833

400
1,053
5,944

491
1,687
1,495

306
422
18,302

120
175
485

209
742
864

1,375
1,588
5,551

290
103
527

738
105

423
254
569

468
53
1,088

576
15
3,605

23

6,614
7,058
39,723

Net earnings from current operations._




437

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)
1

995
1,988
736

1,702
3,288
4,352

1,008
44
1,181

672
722
917

730
128
843

620
204
673

1,047
2,216
3,324

352
120
588

759
118
347

1,356
200
727

1,341
396
2,346

1,178
2,705
2,877

365
83

12,125
12,129
18,994

5,631

16,739

5,906

21,341

2,481

3,312

15,101

1,980

2,504

3,529

5,692

10,956

471

95,643

2,892
1,013

5,544
1,522

3,362
402

3,235
5,383

2,333
304

3,178
126

15,086
3,225

2,747
779

1,450
1,064

3,412
355

3,280
855

4,576
2,099

96
35

51,191
17,162

323
8,997
2,145

812
23,911
1, 505

617
7,171
2,363

474
19, 054
2,387

239
2,366
1,001

736
5,718
2,067

19, 880
3,897

766
586
1,812 . 2,222
1,093
1,397

1,543
4,577
2,145

2,242
8,146
3,742

346
21, 485
3,584

50
257
126

125, 596
27, 452

15,370

872

9,606

33,294

13,915

30,533

6,243

11, 825

42,960

7,321

6,595

12, 032

18, 265

32,090

564

231, 007

40, 766 139, 424

43,154

66, 614

40,433

49,871

116, 546

30,899

30,902

51, 235

58,870

168,072

2,805

839, 591

13,461
2,345

56,639
5,458

13,196

27, 742

16,018
139

19,352
479

39, 497
14

10,977
303

11,929
1,396

19, 514
977

24,383
9

63,649
4,346

1,073

317,430
15, 466

15,806

62,097

13,196

27, 742

16,157

19,831

39, 511

11, 280

13,325

20,491

24,392

67,995

1,073

332,896

24,960

77,327

29, 958

38,872

24, 276

30,040

77, 035

19, 619

17, 577

30, 744

34,478

100,077

1,732

506,695

4
13,922

272
45, 967

31
14,679

64
18,372

10, 717

9
11, 506

110
30,291

6
7,989

41
7,643

1
11,063

15
16, 040

59
58,503

615
247, 230

13,926

46,239

14, 710

18,436

10, 717

11,515

30,401

7,995

7,684

11,064

16, 055

58, 562

3
538
541

23
443

902
8,407

431

2
686

531

591

17
3,032

14
344

19
450

884

84
1,066

37
2,805

37

1,098
19,707

19
2,394

428
6,809

216
1,27.6

1,644
1,772

338
1,123

10
1,674

864
3,166

1,021
1,259

12
945

151
2,191

31
5,702

1,621
16,003

20

6,355
44,334

438

4,608

1,859

5,322

1,388

2,825

19,532

4,998

1,665

3,829

5,963

4,080

300

56,807

247, 845

See footnote at end of table.




CO

TABLE N O . 19.—Earnings, expenses, and dividends of national banks, by Federal Reserve districts, for the year ended Dec. 31, 1951—Continued
[In thousands of dollars]
District District District District District District District District District District District District NonNo. 9 No. 10 No. 11 No. 12 member
No. 8
No. 5 No. 6
No. 2 No. 3 * No. 4
No. 1
No. 7
Number of banks i__
___•
Loans
L_:
Securities
Capital stock (par value)
Capital accounts
t

Grand
total

481
7
4,946
345
623
286
568
547
455
339
180
492,067 2, 204,075 1,260,503 1,684, 6714,371, 798 1,169, 589 1,037, 403 1, 613,336 2, 208,174 6,354,878 101, 823 30,761,831
!, 233,846
326 2, 430,890 3,732,661 1,954;. 458 2, 532; 828 8,138, 579 1, 516,107 1,468, 288 2,461,909 2,319,919 6,379,343 107, 554 42, 233, i
,138, 579
. ., . .
5,042 2,058,050
58, 533 109,107 148,059 318,081
~"~ 126,920 193,178 84,803 110, 552 316, 285 „ .„
205, 236 349,087 397,348 945, 565 16,125 6,506,378
452, 528 615,375 288,839 352,032 971, 932

Ratios:
Percent
To gross earnings:
Interest and dividends on securities,
26.93
Interest and discount on loans
53.61
Service charges on deposit accounts..
5.88
All other current earnings
13.58

i

Percent Percent Percent Percent Percent Percent
23.95
21.37
22.81
29.22
28.97
27.29
61.38
54.63
62.33
56.98
55.48
54.51
4.06
5.26
5.44
6.30
6.74
6.34
10.61
10.89
9.25
9.56
14.77
11.86

Percent Percent Percent Percent Percent
37.16
35.75
28.71
34.77
30.61
47.32
52.91
52.88
49.37
54.12
6.27
4.71
4.25
3.84
5.83
12.14
7.09
12.02
10.81
9.44

Total gross earnings

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

• Salaries, wages and fees
Interest on time deposits
All other current expenses

31.25
6.44
23.53

31.17
6.53
21.71

29.61
10.41
20.66

28.61
8.70
22.15

30.15
8.18
21.16

30.53
6.28
24.68

29.89
9.19
21.05

30.41
6.63
21.87

32.39
8.15
21.12

31.32
4.78
21.35

29. 92
2.96
24.69

30.22
15.44
16.75

35.83
10.73
18.26

30.39
8.91
20.98

61.22

59.41

60.68

59.46

59.49

61.49

60.13

58.91

61.66

57.45

57.57

62.41

60.28

38.78

40.59

39.32

40.54

40.51

38.51

39.87

41.09

38.34

42.55

42.43

37.59

39.72

Total current expenses
Net current earnings
To loans: Interest and discount on loans.
To securities: Interest and dividends on
securities
To capital stock (par value):
Net current earnings
Net profits before dividends
Cash dividends
To capital accounts:
Net current earnings
Net profits before dividends
Cash dividends

4.18

3.55

4.61

4.19

4.68

4.76

3.92

4.36

4.80

4.83

4.68

1.70

1.64

1.91

1.74

1.71

1.72

1.65

1.77

1.70

1.65

1.74

42.10
20.80
11. 61

39.38
19.53
11.68

40.31
23.60
11.59

39.24
20.12
9.54

52.11
28.63
12.64

52.81
27.17
10.42

45.66
24.36
9.61

50.70
27.45
11.19

59.78
30.03
13.13

54.75
28.18
10.14

48.25
23.29
10.84

12.49
6.17
3.44

12.20
6.05
3.62

11.31
6.62
3.25

12.32
6.32
3.00

15.30
8.40
3.71

16.58
8.53
3.27

14.86
• 7.93
3.13

15.81
8.56
3.49

17.05
8.56
3.74

17.11
8.81
3.17

17.98
8.68
4.04

4.94

ft)

o
F
ftl
O

4.61

4.36

1.75

1.70

59.48
31.46
18.41

57.48
34.35
10.73

47. 37
24.62
12.04

20.01
10.58
6.19

17.97
10.74
3.36

14.98
7.79
3.81

w
o
d
3

O

i Number at end of year. Remainingfiguresinclude earnings, expenses, etc., of those banks which were in operation a part of the year but were inactive at the close of the year.
NOTE.—Thefiguresof loans, securities, capital stock, and capital accounts are averages of amounts, reported for Dec. 31,1950, June 30, and Dec. 31,1951.




TABLE N O . 20.—Earnings, expenses, and dividends of national banks, by size of banks, for the year ended Dec. 31, 1951
TOTAL UNITED STATES AND POSSESSIONS
[In thousands of dollars]
Banks operating throughout entire year with deposits on Dec. 31,1951, o—
f
$500,000
and
under

Number of banks
Total deposits
.
Capital stock (par value) C apital 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 money
Taxes other than on net income
Recurring depreciation ^>n banking house,
furniture and fixtures
Other current operating expenses
Total current operating expenses-




$500,001
to
$750,000

31
12, 746
892
1,882

104
67, 233
3,377
8,518

25
358

445
113
1,658

1,024
213
2,704

9,311
1,835
23, 367

42,783
10,178
96, 791

49, 797
12,199
105,229

70, 018
16, 616
142, 532

120

258

128
2,271

607
10, 361

1,100
13,473

77

137

47

117

1,433
22
912

5,101
588
4,389

4,461

39, 279

1,028
406

8,249
4,173
711

2,868

2,445

2,332

1,095

785

1,626

3,590
41
1,172

17, 730
115
5,474

20,115
155

81

397
3
132

27,814
186
8,952

17, 295
195
6,503

12, 806
340
5,893

38
400

84
729

710
6,020

3,534
25,978

4,044
31,654

46,020

3,709
36, 387

1, 579

2,860

24,666

107,614

123,100

174,904

127, 373

157

$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
$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
151
979
806
1,761
655
218
134, 438 1,223, 592 5,801,205 6,815, 694 9,857, 961 7,499, 452
149, 769
5,789
39, 661
147,783
213,409
152, 568
513,066
674,684
475, 397
15,427
122,469
492, 396

52
164

331

Total

4,935
20
33, 569,003 94,409,115
822,760 2,103, 595
2, 578,128 6, 667, 250

100
7,117,220
141,225
426,740

110
22, 310, 571
426, 362
1, 358, 543

49, 308
11, 609
101, 647

43,172
9,228
91, 720

123, 820
24, 398
297,133

175, 785
61, 305
470, 918

565, 531
147, 719
1, 334,057

1,224
19, 900

1,412
13, 631

1,306
10, 763

3,498
24, 633

9,661
32, 917

18,956
128, 350

5,122
1,458
6,013

6, 567
5,660
10,374

4,348
5,198
10, 392

4,355
6,019
10, 343

11,587
23, 597
27, 714

12, 550
32, 212
51,062

51,291
74, 754
121, 370

170, 798

194,391

272, 891

197, 545

176,906

536, 380

846,410

2,442,028

29, 330
22, 585

27, 576
30, 817

33, 312
50, 590

21, 782
40,407

18,188
36,188

48,470
117, 295

60, 335
176,874

249,083
479, 556

33, 750
1,032
18,818

84,473
3,296
23, 336

218,154
5,363
76,673

3.301
33, 338

8,258
98, 343

7,639
114,156

37,023
393,110

110,839

327, 592

470,991

1,471,849

12, 887

TABLE NO. 20.—Earnings, expenses, and dividends of national banks, by size of banks, for the year ended Dec. 81, 1951—Continued
TOTAL U N I T E D STATES AND POSSESSIONS
[In thousands of dollars]
Banks operating throughout entire year with deposits on'Dec. 31,1951, of—
$500,000
and
under
Net earnings from current operations
Recoveries, transfers from valuation reserves,
and profits:
On securities:
Recoveries
_
Transfers from valuation reserves
Profits on securities sold or redeemed—
On loans:
Recoveries
Transfers from valuation reserves
Allother
_ ..
Total recoveries, transfers from valuation reserves and profits
_
Losses, charge-offs and transfers to valuation
reserves:
On securities:
Losses and charge-offs
Transfers to valuation reserves
On loans:
Losses and charge-offs
Transfers to valuation reserves
Allother
_._
Total losses, charge-offs, and transfers to
valuation reserves
Profits before income taxes
Taxes on net income:
Federal
State
Total taxes on net income




$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

890

1,601

14,613

63,184

71,291

97,987

70,172

66,067

208. 788

375,419

970,179

2

2

56

3

5

13

102

356
133
620

725
76
872

1,518
201
1,282

514
173
983

237
653
1,567

1,106
2,699
3,989

1,072
3,097
30,159

5,588
7,032
39,595

16

79

98

1

11

33

635
31
247

1 672
334
931

1 176
338
1,225

1,588
431
1,564

948
213
1,505

800
639
987

3,225
1,088
5,355

1,818
9,038
6,911

12,055
12,112
18,770

20

97

146

1,071

4,046

4,412

6,584

4,336

4,883

17,462

52,095

95,152

3

23

45
1

317
40

2,577
369

3,936
766

7,035
1,251

4,925
435

4,529
559

12, 241
5,045

15,338
8,696

50,969
17,162

36
1
3

128
14
45

139
54
36

1,084
643
452

2,348
3,896
1,955

1,729
5,953
2,876

1,386
9,125
3,568

1,009
7,361
2,595

525
7,424
2,274

831
24,146
8,244

391
66,663
4,998

9,606
125, 280
27,046

167

43

210

275

2,536

11,145

15,260

22,365

16,325

15,311

50,507

96,086

230,063

144

777

1,472

13,148

56,085

60,443

82, 206

58,183

55,639

175, 743

331,428

835, 268

28
1

156
9

291
20

2,690
199

13, 578
672

18,348
804

29,308
1,201

22,300
626

22,418
624

75,415
3,192

131,102
8,026

315,634
15,374

29

165

311

2,889

14, 250

19,152

30,509

22,926

23,042

78,607

139,128

331, 008

Net profits before dividends..

1,161

10, 259

41,835

41,291

51, 697

35,257

395

5
3,547

79
14,107

14, 815

122
19,937

395

3,552

14,186

14,881

20,059

14, 562

20
1,329

27

48
952

51
2,103
3,751

54
2,947
4,073

127
3,635
6,855

120
2,023
7,573

24

199
126
73
42

417
267
150
79

584
322
162

151

351
667

10

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 o p e r a t i o n s 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.__T
Number of employees other than officers at
end of period

504,260

42
14, 520

225

Total cash dividends declaredMemoranda items:
Eecoveries 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).

612
1
224

115

Cash dividends declared:
On preferred stock
On common stock.

32, 597

$1.31
.90

$1.32
.91'

$1.19

$1.19
.84

$1.09
.72

$1.05
.61

$0.99
.52

$0.94
.47

8.87
6.11
2.71

10.45
7.18
2.64

10.38
7.53
2.56

11.93
8.38
2.90

12.83
8.50
2.88

13.90
.805
2.90

14.52
7.66
2.97

14. 76

355

2,264

6,279

4,898

4,868

2,721

2,077

28

140

285

2,437

11,154

13,686

21,394

16, 655

15,035

7.42
3.06

15.48
7.64
2.91

NOTE .—The deposits, capital stock, and capital accounts shown in this table are as of end of period. Capital accounts represents the aggregate book value of capital stock, surplus,
undivided profits, reserves and retirement fund for preferred stock.




O

g

118

REPORT OF THE

COMPTROLLER OF THE

CURRENCY

TABLE N O . 21.—Earnings, expenses, and dividends of national banks, years ended
Dec. SI, 1949-51
[In thousands of dollars]
1949
Number of banks

l

Capital stock, par value 3
C apital accounts 2 _ _

1950

4,981

4,965

4,946

1,884,352
5,811,044

1,965,977
6,152, 799

2,058,050
6,506,378

Amount
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

Percent Amount
to total

582,205
117,682
969,085

29.04
590, 533
5.87
132,330
48.34 1,103,360

Total current operating expenses
Net earnings from current operations

Percent
Percent
to total Amount to total

568,812
26.93
6.04
148,205
50.32 1,340,742

23.18
6.04
54.63

14,275
109,533

.71
5.46

17,787
119,604

.81
5.45

19,008
129,180

.77
5.26

42,310
60,345
109,371

2.11
3.01
5.46

46,069
70,092
112,938

2.10
3.20
5.15

51,451
75,130
121,830

2.10
3.06
4.96

100.00 2,454,358

100.00

Total earnings from current operations. _. 2,004,806
Current operating expenses:
Salaries and wages:
Officers
_
Employees other than officers
Number of officers *
Number of employees other than officers *_.
Fees paid to directors and members of executive, discount, and advisory 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.
__.

1951

211,750
83,270
162,002

100.00 2,192, 713
16.96
31.12

230,331
421, 741
34,454
172,609

17.23
31.54

250,318
482,447
35,228
183,778

16.92
32.61

10,820

.87

11,775

184,024
1,687
65, 717

14.74
.13
5.26

190,374
1,747
74,416

14.24
.13
5.57

218,626
5,409
76, 958

14.78
.36
5.20

30, 666
355, 226

2.46
28.46

33, 619
373,065

2.51
27.90

37,141
395, 547

2.51
26.74
100.00

12, 957

1,248,324

100.00 1,337,068

100.00 1,479,403

756,482

855, 645

974,955

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

6,136
15,445
40,232

5.22
13.14
34.24

9,670
28,999
60,951

6.29
18.86
39.65

5,614
7,058
39,723

5.87
7.38
41.53

13,451
11,463
30,771

11.45
9.76
26.19

15,401
13,333
25,378

10.02
8.67
16.51

12,125
12,129
18,994

12.68
12.68
19.86

Total recoveries, transfers from valuation
reserves, and profits
_._

117,498

100.00

153,732

100.00

95,643

100.00

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
_

21,257
18,310

10.36
8.93

24,010
41.360

11.10
19.12

51,191
17,162

22.16
7.43

14,496
122,122
28,932

7.07
59.54
14.10

10,909
109,258
30,740

5.05
50.52
14.21

9,606
125, 596
27,452

4.16
54.37
11.88

Total losses, charge-offs, and transfers to
valuation reserves.

205,117

100.00

216,277

100.00

231,007

100.00

See footnotes at end of table.




119

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 21.—Earnings, expenses, and dividends of national banks, years ended
Dec. 31, 1949-51—Continued
[In thousands of dollars]
1950

1949

1951

Amount

Percent
to total Amount

Profits before income taxes

668,863

793,100

839,591

Taxes on net income:
Federal
State.

182,979
11,003

241,949
13, 541

317,430
15,466

193,982

Cash dividends declaredOn prepared 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

255,490

332,896

474,881

Net profits before dividends..

537.610

506,695

1,100
203,644

712
228,792

615
247,230

204,744

229, 504

247,845

1,380
12,832

1,839
316,124

1,098
19,707

2,338
44,986
86,964

2,815
3 35,061
47,069

i iI i

Total taxes on net income

Percent
Percent
to total Amount to total

6,355
44,334
5o, 807

Percent
30.48
9.18
22.61

Percent
30.28
8.68
22.02

Percent
30.39
8.91
20.98

62.27

60.98

60.28

37.73

39.02

39.72

10.87
3.52

11.67
3.73

12.04
3.81

1
Number at end of period. Remaining figures include earnings, expenses, etc., of those banks which
were in operation a part of the year but were inactive at the close of the year.
2
Figures are averages of amounts reported for the June and December call dates in the year indicated
and the December call date in the previous year.
3 Revised.
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 . 22.—Number of national banks, capital stock, capital funds, net profits, dividends, and ratios years ended Dec. 31, 1929-51
[In thousands of dollars. Figures for previous years published in report for 1938, p . 115]
Cash dividends

Capital stock (par value)*
Number
of banks
Preferred Common

1929
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
1940
1941
1942
1943
1944

1945
1946
1947
1948
1949
1950
1951...

._.
_.

_..

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
4,946

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
12,032

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
2,046,018

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
2,058,050

Capital
accounts1

Ratios

Net
Cash divi- Cash diviNet profit before diviprofits
dends on
dends on Total cash
dends
before
On
On
preferred
common dividends
dividends preferred common stock to
stock to
to capital
stock
stock
preferred
common
accounts To capital To capital
capital
capital
accounts
stock

3,754,398
291,944
3,919,950
158,411
3,753,412 2 54,550
3,323,536 2 164,737
2,981,678 a 286,116
2,982,008 2 153,451
3,084,092
158,491
3,143,029
313,826
3,206,194
228,021
3,281,819
198,649
3,380, 749 251,576
3,463,862
241,465
3,596,865
269,295
3,684,882
243,343
3,860,443
350,457
4,114,972
411,844
4,467, 718 490,133
4,893,038
494,898
5,293,267
452,983
5,545,993
423,757
5,811,044
474,881
6,152, 799 537,610
6,506,378
506,695

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
615

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
247,230

fcO

o

Percent

.60
2.89
3.69
4.06
3.77
3.51
3.70
4.00
4.29
4.26
4.54
4.79
5.12
4.56
4.22
5.19
5.24
4.43
5.11

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
12.08

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
3.81

Percent
17.69
9.19
3 10.32
3 17.88
38.98
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
24.62

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
7.79

s
W
o
o
o

1

Averages of amounts from reports of condition made in each year.
» Deficit.
3
Licensed banks, i. e., those operating on an unrestricted basis.




3

REPORT OF THE COMPTROLLER OF THE CURRENCY

121

TABLE NO. 23.— Total loans of national banks, losses and recoveries on loans, and
ratio of net losses or recoveries to loans, by calendar years 1932-51
fin thousands of dollars]
Ratio of
Net losses losses (or reTotal loans Losses and
recover- coveries + )
end of year charge-offs Recoveries ories (+)
to loans

Year

1932
1933
1934
1935
1936
1937
1938
1939
1940
1941
1940
1943
1944
1945
1946
1947
1948
1949
1950
1951

_
- -

-

.

- -

-

_.-

Average for 1932-51

- -

- -

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
32,423,777

261,567
305,234
299,189
160,121
154,614
71,844
80,290
67,171
58,249
51,989
43,134
43,101
41,039
29,652
44, 520
73,542
1 50,482
1 59,482
13 45,970
1 53,940

14,681,411

99,756

1 Excludes transfers to valuation reserves.
2
Excludes transfers from valuation reserves.
3 Revised.




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 3 31, 525
2 31,832
38,763

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
314,445
22,108
60,993

Percent
2.48
3.53
3.57
1.50
1.03
.24
.57
.30
.21
.07
.02

+.10
+.08
+.06
.02
.14
.08
.14
.05
.07
.43

122

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 24.—Total securities of national banks, losses and recoveries on securities,
and ratio of net losses or recoveries to securities, by calendar years 1982-51
[In thousands of dollars]

1932
1933
1934
1935
..
1936
1937
1938
.
1939
1940
1941
1942
1943
1944
__
1945
1946
1947
1948
1949 __ . ._
1950
1951

Ratio of
Net losses
losses (or
or recover- recoveries
ies ( + )
+ ) to securities

Total securities end of Losses and
charge-offs
year

Recoveries

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
43,043,617
_ .
. . .

184,797
244,924
206,740
116,309
91, 764
92,343
115,281
109,378
107,960
92,134
73,253
66,008
67,574
74,627
74,620
69,785
2 55,369
2 23, 595
2 26,825
2 57, 546

29,393
i 51,050
1120,096
1180,545
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
3 11,509
3 6,712

155,404
193,874
86,644
+64,236
+28,770
58,566
81,828
75,747
66,967
43,977
37,083
6,356
17,272
20,474
40,804
44,214
30,105
16,079
15,316
50,834

27, 276,657

97, 542

50,115

47,427

Year

Average for 1932-51

* Includes profits on securities sold.
8
Excludes transfers to valuation reserves.
* Excludes transfers from valuation reserves.




Percent
2.05
2.46
.83

+.56
+.23

.50
.66
.59
.49
.28
.13
.02
.04
.04
.09
.10
.07
.04
.04
.12
.17

REPORT OF THE COMPTROLLER OF THE CURRENCY

123

TABLE N O . 25.—Foreign branches of American national banks, Dec. SI, 1951
BANK OF AMERICA NATIONAL TRUST AND SAVINGS NATIONAL CITY BANK OF NEW YORK, N. Y.—Con.
ASSOCIATION, SAN FRANCISCO, CALIF.:

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).
Kosario.
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.
Havana (Vedado).
Marianao.
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.
Santurce.
NATIONAL CITY BANK OF NEW YORK, N. Y.:

Brazil:
Recife (Pernambuco).
Porto Alegre.
Rio de Janeiro.
Salvador.
Santos.
Sao Paulo.
Canal Zone:
Balboa.
Cristobal.
Chile:
Santiago.
Valparaiso.
Columbia:
Barranquilla.
Bogota.
Medellin.
Cuba:
Caibarien.
Cardenas.
Havana.
Havana (Cuatro Caminos).
Havana (Galiano).
Havana (La Lonja).
Havana (Twenty-third Street Branch).
Manzanillo.
Matanzas.
Santiago de Cuba.
England:
London.
London (West End).
Hong Kong:
Hong Kong.
India:
Bombay.
Calcutta.
Japan:
Nagoya.
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.
Bayamoh.
Caguas.
Mayaguez.
Ponce.
San Juan.
Singapore:
Uru Singapore.
guay:
y
Mont
ontevideo.
Venezuela:
Caracas.

Argentina:
Buenos Aires.
Buenos Aires (Flores).
Buenos Aires (Plaza Once).
Rosario.
NOTE.—Consolidated statement of the assets and liabilities of the above named branches as of Dec. 31,
1951, appears in the following table.




124

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 26.—Consolidated statement of assets and liabilities of foreign branches
of national banks, Dec. 31, 1951
[In thousands of dollars]

Number of branches

94
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____I

660, 043
80,424
61, 233
281, 234
776, 597
10, 333
33, 874
20, 683
1,924,421

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, 136, 070
268, 792
113, 793
24, 310
94, 885
38, 256
1, 676, 106

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

152, 148
30, 839
34, 217
28,396
1, 921, 706

CAPITAL ACCOUNTS

Undivided profits, including reserve accounts
Total liabilities and capital accounts
NOTE.—For location of foreign branches see preceding table.




2, 715
1, 924, 421

REPORT OF THE COMPTROLLER OF THE CURRENCY

125

TABLE NO. 27.—Assets and liabilities of banks in the District of Columbia by classest

Dec. 31, 1951
[In thousands of dollars]
Total all
banks

Number of banks

National
banks

Nonnational
banks

19

9

10

136, 409

89,148

47, 261

108
3,262

8
1,503

100
1,759

3,991

3,258

733

192
90,867
32. 212
63,283

127
44, 719
16,246
25,926

65
46,148
15,966
37,357

31,147
25
14,053
132

15, 798
4,374
85

15,349
25
9,679
47

375, 681
3,074

201,192
2,061

174, 489
1,013

372, 607

199,131

173,476

136,188
58.121
129,193

109, 529
35, 956
77,922

26,659
22,165
51,271

24,820
150,265
39,940
4,986
6,946

10,679
94,358
24,977
2,352
4,019

14,141
55,907
14,963
2,634
2,927

550, 459

359. 792

190, 667

550,466
14. 910
33,935
1,921

359, 792
6,701
20,786
1,000

190, 674
8,209
13,149
921

601,232

388, 279

212, 953

65, 697

42,343

23,354

a% 493
10
69
30, 492

34,249

29,244
10
20
12,763

ASSETS

Loans and discounts:
Commercial and industrial loans, including open-market paper..
Loans to farmers directly guaranteed by the Commodity Credit
Corporation
Other loans to farmers
Loans to brokers and dealers in securities
Other loans for the purpose of purchasing or carrying stocks,
bonds, and other securities
Real-estate loans:
Secured by farm land (including improvements)
Secured by residential properties (other than farm)
Secured by other properties
Consumer loans to individuals . .
_
_
Other loans to individuals: Single-payment loans of $3,000 and
over
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, B-l975-80, and depositary bonds).
Other bonds maturing in 5 years or less
Other bonds maturing in 5 to 10 years
Other bonds maturing in 10 to 20 years
Bonds maturing after 20 years
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 clearing house
Demand balances with banks in the United States (except private banks and American branches of foreign banks)
Other balances with banks in United States
Balances with banks in foreign countries
Currency and coin
Reserve with Federal Reserve bank and approved reserve
agencies
Total cash, balances with other banks, etc
Bank premises owned, furniture and
fixtures
Real estate owned other than bank premises
_
_
Investments and other assets indirectly representing bank premises
or other real estate
Customers' liability on acceptances outstanding
_
Income earned or accrued but not collected
Other assets
.

7

49
17,729

192, 752

125,166

67, 586

352, 513

219,536

132,977

17,016
715

8,145
531

8,871
184
1,200

1,200

9




1,220
1,022

408
349

812
673

1,347,525

Total assets

210061—52

7

816,379

531.146

126

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 27.—Assets and liabilities of banks in the District of Columbia by classes,

Dec. 31, 1951—Continued
[In thousands of dollars]
Total all
banks

National
banks

Nonnational

LIABILITIES

Demand deposits:
Individuals, partnerships, and corporations
U. S. Government
States and political subdivisions
Banks in United States
Banks in foreign countries.-_L
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)

895, 566
17,403
205
67,803
4,977

569,635
11, 545
136
53,748
4,580

325,931
5,858
69
14,055
397

Total liabilities.

207, 330
16,386
1,025
421

99,531
6,117
1,025

107, 799
10,269

16, 500

500

"167666

107,173

134,489

1,258,416

769,875

488,541

440
3,018
790

1,506
2,284
675

774,123

493,606

22,500
40,430
13, 974
2,892

Total deposits
Bills payable, rediscounts, and other liabilities for borrowed money..
Mortgages or other liens on bank premises and other real estate
Acceptances executed by or for account of reporting banks and outstanding
Income collected but not earned
Expenses accrued and unpaid
Other liabilities

354,052

1,267, 729

Total time deposits _

7,742

662, 702

241,662

Time deposits:
Individuals, partnerships, and corporations.
U. S. Government..
Postal savings
States and political subdivisions
Banks in United States
Banks in foreign countries
—

23,058

1,016, 754

Total demand deposits.:

12,700
20,650
7,676
1,230

9,800
19, 780
6,298
1,662

30,800

421

600

1,946
5,302
1,465

CAPITAL ACCOUNTS

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

_

Total liabilities and capital accounts

79, 796

42, 256

37,540

1,347, 525

816,379

531,146

92, 612

48, 570

44,042

MEMORANDUM

Assets pledged or assigned to secure liabilities and for other purposes
(including notes and bills rediscounted and securities sold with
agreement to repurchase)




REPORT OF THE COMPTROLLER OF THE CURRENCY

127

TABLE N O . 28.—Assets and liabilities of all banks in the District of Columbia at date

of each call during the year ended Dec. 31, 1951
[In thousands of dollars]
A p r i l . 9,
1951

June 30,
1951

Oct. 10,
1951

Dec. 31,
1951

19 banks

19 banks

19 banks

19 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 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

368, 432
492,500
7
13,180
32,149

371, 849
493, 026
7
13, 576
29,577

362, 649
531, 504
7
17,181
30, 803

372, 607
550, 459
7
14, 910
33, 935

1,903

1,921

1,921

194, 723
20, 980

189, 034
24, 470

192, 752
30, 492

95, 953
16,337
836

86, 399
16, 653
738

102, 017
16, 747
774

129, 269
17,016
715

1,250

1,250

1,250

1,200

1,161
1,665

1,132
916

1,023
1,240

1,220
1,022

1, 234, 056

Total assets.

1,903
183, 880
24, 803

1, 232, 729

1, 280, 620

1,347, 525

803,120

805, 867

LIABILITIES

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

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

207,164
1,230
43,180
711
66,154
26, 212
1,147, 771
920, 671
227,100
2,000

841, 738

206.314
210, 636
1,230
1,230
41, 568
33,361
599
456
73,168
85,881
16,282
18,115
1, 145, 028 1,191, 417
913, 628
955, 694
231, 400
235, 723
1,400

895, 566
207,330
1,025
33, 789
626
89, 280
30, 800
1,258, 416
1, 016, 754
241,662

1,000

600

2,033
4,938
1,132

1,946
5,302
1,465

12
2,030
3,734
1,106

1,924
4,602
1,184

1,156, 641

1,154,150

1, 200, 520

1, 267, 729

22, 250
40, 070
12,188
2,907

22, 250
40,070
13,328
2,931

22, 500
40,420
14,176
3,004

22, 500
40, 430
13, 974
2.892

CAPITAL ACCOUNTS

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

77, 415

78, 579

1, 234, 056

1, 232, 729

1, 280, 620

80,100

1.347,525

79, 796

93, 009

91, 817

92,612

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes




90, 111

128

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 29.—Assets and liabilities of nonnational banks in the District of Columbia at date of each call during the year ended Dec. 31, 1951
[In thousands of dollars]
Apr. 9,
1951

June 30,
1951

Oct. 10,
1951

Dec. 31,
1951

10 banks

10 banks

10 banks

10 banks

172,856
165,359
7
9,779
12,033

173,000
167,613
7
10,180
12,185

168,774
186,509
7
10,634
12,521

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

173,476
190,667
7
8,209
13,149

921

921

921

77,397
9,252

71,591
10,621

67,586
12,763

33,356
8,796
129

32,891
8,785
193

34,340
8,740
230

52,628
8,871
184

1,250
799
983

1,250
766
556

1,250
670
797

1,200
812
673

484,831

Total assets..

921
67,545
11,018

494,996

507,605

531,146

291,999

297,363

312,015

325,931

107,301
205
15,651
558
21,301
7,326
444,341
320, 379
123, 962

107,448
205
. 15,793
470
27,124
4,252
452,655
323,546
129,109

107,956
205
11,776
341
28,288
4,506
465,087
335,669
129,418

107,799
16,127
490
30,452
7,742
488,541
354,052
134,489

1,536
1,790
403

1,000
1,469
2,079
584

1,000
1,576
2,185
314

600
1,506
2,284
675

448,070

457, 787

470,162

493,606

9,800
19. 770
5,480
1.711

9,800
19,770
5,851
1,788

9,800
19,770
6,210
1,663

9,800
19,780
6.298
1,662

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 stockSurplus
Undivided profits
Reserves
_
Total capital accounts
Total liabilities and capital accounts

36,761

37,443

37,540

484,831

507, 605

531,146

38,705

44,042

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purpose?




35,582

38,405

REPORT OF THE COMPTROLLER OF THE

129

CURRENCY

TABLE N O . 30.—Earnings, expenses, and dividends of banks in the District of
Columbia, years ended Dec. 31, 1951 and 1950
[In thousands of dollars]

Years ended Dec. 31National
banks

Total

Nonnational
banks

1951

1951

1950

1951

19
22,333
78,295

Number of banks »
Capital stock, par value 2 .
Capital accounts 2

1950
19
21,467
73,451

9
12,533
41, 253

11,750
37,849

10
9,800
37,042

10
9,717
35,602

5,785
480
7,623
42
1,128

5,398
435
6,488
24
1,031

2,863
613
7,550
118
1,409

2,735
480
6,658
147
1,307

191
647
461

184
525
441

666
1,266
936

560
1,309
889

16,357

14,526

15,421

14,085

Earnings from current operations:
Interest and dividends on:
U. S. Government obligations
8,648
8.133
1,093
Other securities
915
15,173 13,146
Interest and discount on loans. _
160
Service charges and other fees on banks' loans
171
2, 537 2,338
Service charges on deposit accounts
i
Other service charges, commissions, fees, and col857
744
lection and exchange charges
1,834
Trust department
_
_
.... 1,913
1,397
Other current earnings
_
.
1,330
Total earnings from current operations.

31,778

Current operating expenses:
Salaries and wages:
Officers
Employees other than officers
Number of officers *._
Number of employees other than officers 1
Fees paid to directors and members of executive,
discount, and advisory committees
Interest on time deposits (including savings
deposits)
Interest and discount on borrowed money
Taxes other than on net income
Recurring depreciation on banking house, furniture and fixtures
Other current operating expenses
Total current operating expenses

_

Net earnings from current operations

3,356
7,507
883
2,861

28,611

3,078
6,634
361
2,652

1,759
3,497
190
1,273

1,606
3,016
185
1,203

1,597
4,010
198
1,588

1950

1,472
3,618
176

237

210

122

106

115

104

1,581
34
1,323

1,455
6
1,296

668
21
570

680
2
570

913
13
753

775
4
726

657
5,168

543
4,982

319
2,617

240
2,530

338
2,551

303
2,452

19,863

18.204

9,573

8,750

10,290

9,454

11,915

10,407

6,784

5,776

5,131

4,631

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

76

2
13
155

66

179
30
539

401
13
511

334

133
2
207

49
30
205

268
11
304

Total recoveries, transfers from valuation reserves and profits..

824

1,095

530

396

294

699

540

100

217
6

69
6

130

2
13
101

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

13
786
485

18
793
698

12
533
91

4
429
161

1
253
394

14
364
537

Total losses, charge-offs, and transfers to valuation reserves.._

2,047

1,684

1,176

694

871

990

757
6

* Number at end of period.
2
Figures are averages of amounts reported for the June and December call dates in the year indicated and
the December call date in the previous year.




130

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 30.—Earnings, expenses, and dividends of banks in the District of
Columbia, years ended Dec. 31, 1951 and 1950—Continued
[In thousands of dollars]
Years ended Dec. 31
Nonnational
banks

National
banks

Total
1951
Profits before income taxes

-..

Taxes on net income: Federal
Net profits before dividends^.
Cash dividends

.

_

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




1951

1950

1951

10,692

.
..
_

1950
9,818

6,138

5,478

4,554

4,340

4,892
5,800

3,457
6,361

2,870
3,268

1,936
3,542

2,022
2,532

1,521
2,819

3,014

2,912

1,645

1,552

1,369

1,360

136

138

61

47

75

91

462

364
50

286

162

176

202
50

1950

Percent Percent Percent Percent Percent Percent
34.93
34.68
36.88
32.55
37.11
32.88
5.50
4.98
5.09
4.68
5.92
4.09
24.74
22.60
23.86
23.01
23.70
21.56
62.51

63.63

58.53

60.24

66.73

67.12

37.49

36.37

41.47

39.76

33.27

32.88

13.50
3.85

13.57
3.96

13.13
3.99

13.21
4.10

13.97
3.70

14.00
3.82

TABLE N O . 31.- -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, 1929-51
[In thousands of dollars. Figures for previous years published in report for 1940, p.200]
Interest and cash dividends

Capital i

Number of
banks

1929
1930
1931
-.
1932
1933
._
1934
1935
1936
1937
1938
1939 .
1940-.
1941..
1942
1943
1944...
1945
1946.-L
1947
1948..________
1949..
1950...
1951
1
2

41
39
39
34
21
22
22
22
22
22
22
22
22
22
22
21
21
20
19
19
19
19
19

Capital
notes
and
debentures

300
1,340
1,790
1,536
1,419
1,303
1,295
999
604
454
400
123

Preferred
stock
(par
value)

1,575
1,650
]L,554
L,355
L,208
:L,288
L,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
22,333

Total

24,868
24,008
23,328
23,072
19, 516
21,260
21,675
21,429
21,223
20,718
19,803
19,625
19,224
19,092
18,962
18,056
17,867
19, 783
20,750
20,933
21,017
21,467
22,333

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
78,295

Net
profits
before
dividends

4,374
2,983
1,514
2
1,218
2 2,186
2 416
2,501
3,744
2,966
2,480
3,455
2,986
3,283
2,436
2,468
3, 573
5,485
5,438
4,991
3,589
5,083
6,361
5,800

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
3 014

Ratios
Interest
on capital notes
and debentures to
capital
notes
and debentures

2.31
4.30
3.78
3.31
3.15
3.09
2.80
3.97
2.42
4.25
4.88

Cash
dividends
on preferred
stock
to
preferred
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

on common
stock
to
common
capital

Total
interest
and
cash
dividends
to
capital
accounts

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
13.50

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
3.85

Cash
dividends

Net profits before dividends

To
capital
stock

17.59
12.43
6.49
2 5.28
2 11.20
2 1.96
11.54
17.47
13.98
11.97
17.45
15.22
17.08
12.76
13.02
19.79
30.70
27.49
24. 05
17.15
24.19
29.63
25.97

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
7.41

o
o

a
o
W
O

§

Averages of amounts from reports of condition made in each year.
Deficit.




CO

132

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 32.— 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
1982-51
ALL BANKS
[In thousands of dollars]
Year

1932._
1933._
1934-.
1935..
1936..
1937.193819391940.1941-.
1942-1943.1944._
1945-.
1946-.
1947._
1948..
1949..
1950-.
1951.Averagefor 1932-51.

Total loans
end of year

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
372,607
161,381

Losses and
charge-offs

Recoveries

1,209
2,255
2,847
1,142
946
347
416
257
225
237
600
195
184
303
1
395
*574
1
382
1475

75
123
137
346
398
372
201
137
193
277
351
297
434
300
483
529
2 211
2
304
2
539
2 315

685

301

371
332

of losses
Net losses Ratio recov(or
or recoveries eries + ) to
(
loans
1,134
2,132
2,710
796
548
+25
215
120
178
55
+126
+60
166

+105
+299
+226
184
270
+157
160
384

Percent

.89
2.39
3.21
.92
.58
+.02
.22
.11
.14
.04 '

+.11
+.06

.15

+.08
+.17
+.09
.07
.09
+.05
.04
.24

NATIONAL BANKS
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
199,131

1932.
1933..
1934.
1935..
1936..
1937,.
1938:.
1939.
1940..
1941..
1942-.
1943-.
1944-.
1945..
1946-.
1947..
1948-.
1949..
1950-.
1951..
Average for 1932-51.

722
1,055
1,312
572
406
176
215
167
178
122
112
133
110
66
62
133
1
264
1261
i 166
1298

81,903

327

56
80
31
156
150
225
103
59
119
143
147
113
141
112
211
230
2 100
2 93
2 180
2 191
132 I

666
975
1,281
416
256
+49
112
108
59
+21
+35
20
+31
+46
+149
+97
164
168
+14
107
195 I

19
43
106
190
248
147
98
78
74
134
204
184
293
188
272
299
2 111
2 211
2 359
2 124

468
1,157
1,429
380
292
24
103
12
119
76

1.04
2.28
3.09
1.05
.60

+.10

.25
.21
.10

+.03
+.06
.04

+.06
+.07
+.15
+.07
.11
.11

+.01

.05

.24

NONNATIONAL BANKS
1932.-1933.-1934.._
1935..1936.-1937._.
1938...
1939..1940.-1941.__
1942.__
1943...
1944.._
1945.-1946...
1947..1948.-.
1949..1950.-.
1951.-_
Average for 1932-51-

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
173,476
79,478

1 Excludes transfers to valuation reserves.
2
Excludes transfers from valuation reserves.




487
1,200
1,535
570
540
171
201
90

193
210
113
104
490
129
122
170
1131
1313
*216
U77
358

+91
+80

197
+59
+150
+129
20
102
+143
53
189 I

.74
2.50
3.33
.81
.56
.04
.19
.02

.17
.10

+.15
+.14

.36
+.10
+.19
+.12
.02
.07
+.09
.03
.24

REPORT OF THE COMPTROLLER OF THE CURRENCY

133

TABLE N O . 33.—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 1982-51
ALL BANKS
[In thousands of dollars]
Total securities end of
year

Year

1932
1933
1934
1935
1936
1937
1938
1939
1940
1941
1942
1943
1944
1945
1946
1947
1948
1949
1950
1951

_

_

.

_

..

_
_

Average for 1932-51

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
601,232
333,530

Losses and
charge-offs

Recoveries

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
2
757

256
1459
1 1,221
1
1,374
538
297
426
493
351
359
262
590
459
278
125
83
3 88
3
2
3
2

Ratio of losses
Net losses or (or recoveries
recoveries (+) +) to securities
922
1,686
+291
+878
307
514
466
552
381
468
204
180
180
21
80
264
113
124
167
757

383

311

149
1339
1720
1821
398
211
334
394
285
242
199
469
250
173
76
16
3 80
3 1

694

198
610
+81
+479
211
296
• 228
489
248
375
72
172
+19
9
21
150
+36
23
100
540

Percent
.90
1.70
+.26
+.72
.23
.38
.34
.41
.28
.30
.07
.04
.03
.002
.01
.05
.02
.02
.03
.13
.09

NATIONAL BANKS
1932
-- - - --1933
1934
1935
- 1936
1937
1938
1939
1940
1941
1942
1943
-1944
1945
_ .
1946
. . .
1947
1948
. 1949
1950 . .
.......
1951
Average for 1932-51
..__

1932
1933
1934
1935
1936
1937
1938
1939
1940
1941
1942
1943
1944
1945
1946
1947
1948
1949
1950
1951

--,

--.-

-

.-_ - .

.
... -

.

Average for 1932-51
1
2
3

_
.-

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, 7055
308,248
345,537
379,010
388,279

347
949
639
342
609
507
562
883
533
617
271
641
231
182
97
166
2 44
2
24
2 100
2540
207,635
414
NONNATIONAL BANKS
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
212,953

831
1,196
291
154
236
304
330
162
199
210
195
129
408
117
108
181
2
157
2
102
2
69
2
217

125,895

280

Includes profits on securities sold.
Excludes transfers to valuation reserves.
Excludes transfers from valuation reserves.




258

-

156

107
1120
1501
1553
140
86
92
99
66
117
63
121
209
105
49
67
38
31
32

724
1,076
+210
+399
96
218
238
63
133
93
132
8
199
12
59
114
149
101
67
217

125

155

.31
.94

+.12
+.65

.27
35
.28
.60
30
.40
. 04
06
+.01
002
'05
.01
.03
.14
.08

' - -1.90
3.12
+.49
+.82
.17
42
.42
.12
.24
15
.13
.01
.10
.004
.02
.05
.07
.05
03
.10
.12

134

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 34.—Summary of assets and liabilities Dec. 31, 1961, and receipts and
disbursements in year ended Dec. 31, 1951, of the 17 credit unions in the District
of Columbia, chartered under the D. C. Code
Amount
ASSETS

Loans
Building association investments
U. S. Government securitiesOther bonds and securities
Deposits in banks
Cash on hand
Furniture and fixtures
Other assets
_
Total assets.

Amount
LIABILITIES

$1,949,071
208,301
265,471
41,825
408,302
136,574
1,410
1,580

Shares paid in.
Surplus fund
Net undivided profits
Reserve fund for bad debts
Bills payable...
_._
Other liabilities..

_

_

Total liabilities

$2,647,367
34,627
132,522
184,002
3,500
10,516
3,012, 534

3,012,534

R E C E I P T S AND DISBURSEMENTS IN YEAR E N D E D D E C . 31, 1951
Receipts

Amount

CAPITAL RECEIPTS

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.

Interest on loans
Building association dividends .
Other income
Total earnings _
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-

Disbursements
CAPITAL DISBURSEMENTS

$2,719,905
1,221,780
26,110
5/000
1,392,393
1,156
483
6,489
649
16,373

Loans made
_______
Shares withdrawn
Building association shares purchased.
U. S. Government securities purchased
-__
Other bonds and securities purchased-_
Bills payable.
.
Loans charged against reserve fund
Other disbursements
.__
Total capital disbursements

5,390,338

179,446
4,554
7,627
191,627
24,838
1,899
41,195

$2, 739,325
779,266
98,881
3,189
41,825
1,389,393
12,381
15,430
5,079,690

EXPENSES

Salaries
General expenses
Interest on borrowed money
Dividends
Depreciation on furniture and fixtures
Total expenses
Transferred to reserve fund for bad
debts
Transferred to surplus
Cash on hand at end of period
Deposits in banks at end of period

53,785
18,067
621
78,302
609
151,384
24,838
1,899
136, 574
408,302

152,790
Grand total 5,802,687

NOTE.—Number of borrowing members, 7,855; nonborrowing, 9,988.




Amount

5,802,687

TABLE NO. 35.—

and liabilities of all active banks in the United States and possessions, by classes, Dec. 31, 1951
[In thousands of dollars]
Total all
banks

Number of banks

._

National
banks

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

4,946

9,690

26,039,862 15,689, 255
113,130
289, 745
3,140,054 1, 577, 040
1, 580,806
704,652
1,004,499
501, 474

10,350,607
176,615
1, 563,014
876,154
503,025

10, 272,855
176, 496
1, 556, 284
868,332
492, 544

384, 754
5,908, 217
1, 248,132
5,802,445
65, 272
899, 745

666,652
13,956, 580
2,483,489
4,794,079
84, 245
649,308

618,139
5,353,910
1,208,128
4,694,174
84,245
636,122

14,636

9,075

529

ASSETS

Loans and discounts:
Commercial and industrial loans (including open-market paper)
_
Loans to farmers directly guaranteed by the Commodity Credit Corporation...
Other loans to farmers
Loans to brokers and dealers in securities
*
Other loans for the purpose of purchasing or carrying stocks, bonds, and other securities
Real estate loans:
Secured by fapm land (including improvements)..
_
.__
_
Secured by residential properties (other than farm)
Secured by other properties
Other loans to individuals
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 com
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.




1,051,406
19,864, 797
3, 731,621
10,596, 524
149, 517
1,549,053

26,743

2,757

51,009
119
5,307
7,822
7?724

46,953
8, 594,994
1,273,693
88,362

1,560
7,676
1,668
11, 543

1,423

7,944

5,242

36,103,768 25, 961, 229 10,042,869
526, 579
345,149
181,147

99,670
283

35, 577,189 25,616,080

0,861,722

99,387

71,595,087 35,156,343 36,438, 744 26,523,265
9,392, 508 5,333, 230 4,059, 278 3,856,327
5,989,483 2,373,149
3,616,334 1,409,849
180,895
609,185
428,290
192,050

9,818,837
146,930
2.204,582
227,278

96,642
56,021
1,903
8,962

68,997,884 32,894,116
470,339
996,918
68,000,966

32,423, 777

87,586,263

43,043,617

44, 542,646 31,981,491

12,397,627

163,528

2,890,421
42,826,197
1,330,901
36,668
104,674
348,969
737,564

1,418, 564
24, 593, 594

1, 471,857 1,343,493
18, 232,603 17,380,281
527,379
647,075
14,535
19,872
40,032
40,032
158,449
176, 261
243,872
416,528

124,173
762,035
118,825
4,783

4,191
90,287
871
554

169,652

17,812
3,004

77,305,612

23,438,817

379,634

16,796
64,642
172, 708
321,036

203,862,623 102,738,560 101,124,063

TABLE N O . 35.—Assets and liabilities of all active banks in the United States and possessions, by classes, Dec. 31, 1951—Continued
[In thousands of dollars]

00
O

Brnks other thsn national

Totsl all
banks

National
banks

All banks
other than
State comnational
l

mercial

Mutual
savings

Private

LIABILITIES

Demand deposits:
Individuals, partnerships, and corporations
U. S. Government
States and political subdivisions
Banks in the United States
Banks in foreign countries...
Certified and cashiers' checks, etc

_
_
-...

Total time deposits
Total deposits

1...
...

._

41, 899, 764
1, 417,802
3, 526,098
4,317, 225
657, 832
1,382,042

13,646
3,033
1,588
25
7,875

236,372
291
6,012
15,423
28,769
9,917

126, 680,002

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.
_

42,149, 782
1,421,126
3, 533, 698
4,332, 673
686,601
1, 399, 834

73,156, 288 53, 523, 714

53, 200, 763

26,167

296, 784

57,471, 885
263,556
28,071
1, 608,835
151,439
399, 877

19, 825, 659 37, 646, 226
218, 767
44, .789
18,068
10. 003
644,176
964, 659
134,102
17,337
161, 029
238,848

16, 738,978
44,728
18,068
636,160
132,453
161, 029

20, 880,137
61

27,111

7,360
1,604

656
45

97,005, 623
3, 435,982
8, 493, 631
13,139,402
1, 413, 661
3,191, 703

_

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

54, 855, 841
2,014,856
4, 959, 933
8, 806, 729
727,060
1, 791,869

59, 923, 663

21, 275, 273

38, 648,390

17, 731,416

20,889,162

27, 812

186, 603,665

94, 431, 561

92,172,104

70,932,179

20,915,329

324, 596

44,008
377, 348
2,131,334

15, 484
187, 650
1, 433, 747

28,524
189, 698
697, 587

24,735
170, 719
578, 958

1,523
115,027

2,266
18, 979
3,602

189,156,355

96, 068, 442

93, 087, 913

71, 706, 591

21,031,879

349,443

39,456
51,098
3, 749, 452
7, 261,640
3, 027,369
577, 253

8,546
2,096, 799
3,083,495
1, 212, 538
268, 740

39,456
42, 552
1, 652, 653
4,178,145
1, 814, 831
308, 513

39, 456
42, 552
1, 647, 604
2, 532,854
1,115, 271
221,284

1, 625,873
698,374
82, 691

5,049
19,418
1,186
4,538

14, 706, 268

6,670,118

8,036,150

5, 599,021

2,406,938

30,191

203, 862, 623 102,738,560 101,124,063

77,305,612

23,438,817

379,634

Total liabilities..
CAPITAL ACCOUNTS

Capital notes and debentures
Preferred stock
Common stock
_
Surplus
Undivided profits
.
....
Reserves and retirement account for preferred stock and capital notes and debentures.
Total capital accounts...
_
Total liabilities and capital accounts
__
_
_
1 Includes stock savings banks.
2 Book value included with "Reserves"- retirable value amounts to $5,700,000.




TABLE NO. 36.—Assets and liabilities of all active banks in the United States and possessions, Dec. 31, 1951 (includes national, State commercial,
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

Balances
Corpowith other
rate
U. S. Gov- Obligabanks, instocks,
Other
ernment tions of
bonds, includ- Currency cluding
States
Population Num- Loans and obligareserve
ing
and po- notes, stocks
(approxi- ber discounts, tions,
and
balances
of
including
and delitical
coin
mate)
and cash
banks overdrafts direct and subdivi- bentures of Fedguaranitems in
eral
teed
sions
process of
Reserve
collection
banks

57,683 9,469
27,794 26,404
10,817 1,946
406,865 135,979
50,128 19,243
201,179 57,600

Real
estate
Bank
premises owned
owned, other
furniture than
bank
and
fixtures premises

Investments
and
other
assets
indirectly
representing
bank
premises or
other
real
estate

508
312
332
951
23
1,152

420
52
162
1,506
250
58

2,448 33,270

Customers'
liability on
accept- Other
ances assets
outstanding

Total

957,000
567,000
397,000
4,834,000
785,000
2,035,000

95
109
76
368
22
184

260,244
337,988
248, 789
253,254
202, 768
110,237
3,262,319 3,514,921
486,247
423,633
1,059,731 1,513,082

21,709
13,319
14,886
177,862
19,669
151,332

9,575,000

854

5,457,484

6,215, 729

398, 777

754,466 250,641

236,420 2,123, 574

112,369

3,278

16,508,199 1,986,387
2,516,327 423,504
4,798,843 741,277
24,476
231,823
73,950
1,085,331
14,910
550,466

, 704,706 123,197
267,546 15,970
950,538 49,568
72, 711
108,641 4,311
33,935 1,921

390,887 10,391,779
935,092
128,878
247,033
10, 795
129,777
47,666
433,952
30,492
322,021

302,058
60,021
110,904
4,501
17,707
17,016

3,101
435
5,401
209
248
715

5,335 227,817 313,614
593
168 18,983
15,604 5,269
1,558
656
8
561
155 19,898
2,242
1,200

52,227,722
6,220,715
13,806, 549
699,082
2,411,250
1,347, 525

3,264,504 3,138,077 200,836

855,751 14, 796,007

512,207

10,109

23,949 233,417 392,853

76, 712,843

544,763
255,195
545,407
230,858
593,653

21,938
8,406
16,076
5,044
20,778
25, 534
10,101
7,559

446
191
185
139
533
1,243
467

15,461,000
5,010,000
10,828,000
322,000
2,391,000
756,000

749 20,270,642
341 1,853,198
967 4,262,168
38
216,699
169
618,830
19
372, 607

34, 768,000

2,283 27, 594,144

3,374,000
2, 095,000
4,281,000
2,215,000
3,625,000
2,921,000
3,142,000
2,215,000




315
181
225
149
386
208
226
202

811,999
300,803
707, 783
210,272
741,192
561,045
424, 890

819, 580
455,000
308,847
643,405
990,932
487, 816
298,985

87,297
47,089
171,933
47,271
79,500
132,363
112, 897
127,325

40, 594
15,192
76,744
19,485
18,723
22, 794
20, 719
6,151

3,301
2,315
2,654
805
2,871
2,510
1,875
743

18,678
10,065
6,435
112,309
24,160
64,773

59,130
65,014
25,945
46,160
55,255
36,290
27,837

103,947
75,737
53,095
148,424
505,510

386, 510
234, 561

5,323
4,119
3,171
56,537

29,350

2,086
630
317
38
350
240
674
2

1
32,062
1,043
164

310
507
40
5
356
1,306
79

1,635
896
711
23,424
2,591
16,982

817,604
660,741
404,561
8,961,596
1,189,280
3,600,913
15,634, 695

4,531
2,652
8,484
1,086
5,566
5,775
4,222
742

2,395,975
1,117,962
2,291,512

849,830
2,152, 736
2,366,929
1,487, 767
940.333

TABLE NO. 36—Assets and liabilities of all active banks in the United States and possessions, Dec. 81, 1951 (includes national, State commercial,
savings, and private banks—Continued
ASSETS
[In thousands of dollars]

_..

Total Southern
States
Ohio....
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri

...
_

Total Middle Western States
North Dakota.South Dakota
Nebraska
Kansas

505,282
166
909 2,713,854
220,691
230
586,278
383
844,596
298

752,140
2,443,921
340,558
690, 522

Population Number
(approxiof
mate)
banks

Location

Louisiana
Texas
Arkansas
Kentucky
Tennessee

Loans and
discounts,
including
overdrafts

U. S. Government
obligations,
direct and
guaranteed

2,750,000
7,882,000
1,985,000
3,061,000
3,366,000
42,912,000
7,956,000
4,079,000
9,014,000
6,598,000
3,625,000
3,122,000
2,795,000
4,080,000
41,269,000
679,000
726,000
1,410,000
2,014,000




CorpoBalances
rate
with other Bank
Obligastocks,
Other includbanks, in- premises
tions of
bonds,
Currency cluding
States
ing
owned,
and
notes,
reserve
and postocks
coin
and de- of Fedbalances furniture
litical
and
and cash fixtures
subdivi- bentures eral
items in
sions
Reserve
process of
banks
collection

Real
estate
owned
other
than
bank
prem-

Investments
and
other
assets
indirectly
representing
bank
premises or
other
real
estate

Customers'
liability on
accept- Other

Total
assets

outstanding

157,577
339,316
69,421
43,655
128,711

12,564
82,245
11,844
31,598
22,476

2,876
11,615
915
2,110
4,161

42,457
128, 615
20,185
41,263
46,566

651,282
2, 736,313
277,448
530,526
605,921

14,153
73,454
4,839
9,953
22,321

174
9,016
23
289
500

987
11,036
114
49
39

5,746
28,399

8,864, 774 9, 618,253 1, 544,355

381,129

38, 751

625,206

8,161,319

240,156

13,466

16,562

3,610,853
478,556
1,675,152
152,320
5, 911, 041 744,305
2,683,401
390,347
1,463,512
167,267
1,144,139
171,014
854,036
186,317
1,628,210
193,818

230,306
63,999
355,804
108,082
89,707
123,771
34,861
85,541

11,650
3,700
22,071
7,385
3,033
3,468
1,748
19,852

172,802
83,325
143,487
120,262
57,301
41,755
43,085
66,527

1,867,809
831,618
3,529,558
1,210,412
717,128
769,908
537,064
1,401,302

58,126
22,097
48,859
41,507
19,039
14,780
10,625
25,252

120
131
516
434
111
723
42
2,991

11,400
335
6,834
1,349
870
3,721
2,682
576

4,972 14,330,958 18,970,344 2,483,944 1,092,071

72,907

728, 544 10,864,799

240,285

5,068

27,767

11,851 110,303

48,938,841

1,817
2,956
7,103
7,726

18
6
45
150

23

958
1,319
2,207
2,074

640,336
566,561
1,551,687
1,966,004

3,878
485
895
435
557
681
661
599

150
169
416
607

2,770,628
941,690
3,944,129
1,845,679
986,590
1,170,364
901,012
1,770,866

152,651
175,471
459,878
565,229

319,848
232,206
564,052
664,092

32,877
22,674
81,261
136,883

15,226
7,863
21,030
24,875

334
442
1,786
1,634

7,527
7,820
16,354
24,211

109,080
115,781
397,956
538,625

183
549

5,261
11,678
857
2,492
3,541

2,150,499
8,589,462
946,895
1,938,918
2,369,520

37,480

56,887

29, 598,338

674 21,510
129 6,833
6,370 36,633
441 15,900
147 8,289
849 8,050
50
2,715
3,191 10,373

9,234,434
3,781,329
14,749, 607
6,425,199
3,512,994
3,452,542
2,574,237
5,208,499

15
"5O5'

Montana
Wyoming
_ _
Colorado
New Mexico
Oklahoma
Total Western States. _
Washington
Oregon
California
Idaho
Utah._
Nevada
Arizona
Total Pacific States...
Total United States
(exclusive of possessions)
Alaska.Canal Zone (Panama)
Guam
. _
The Territory of Hawaii
Puerto Rico
American Samoa
Virgin Islands of the United
States
Total possessions
Total United States
and possessions
1
8

32
38
98
234
364

41,674
22,022
16 969
115, 933
3 875
4,361
2,212
7,523

71

172,895

3,498

26,969

654 000
302,000
1,421,000
765,000
2, 215,000

110
52
157
51
385

163,134
82,843
436,852
116, 738
536,077

279,823
129, 616
527,288
153, 578
663,800

19,879
10,727
34,445
11,411
130,324

15,141
3,184
15,621
1,384
25,235

560
310
1,586
473
2,277

9,683
5,679
19,779
10,233
28,004

154,133
89,796
360,762
129,322
622,882

3,562
2,030
4,637
3,219
8,624

10,186,000

2,097

2,688,873

3,534,303

480,481

129,559

9,402

129, 290

2,518,337

2,412,000
1,561,000
10,780,000
629 000
740,000
160,000
801,000

121
71
201
42
54
8
13

859,272
587,223
6,523,012
174,748
240,926
62,629
224,074

778,582
539,735
5,274,046
202,860
247,229
100,667
170,178

168,532
113,005
813,225
13,496
29,068
6,937
28,535

46,727
13,719
388,097
1,732
3,353
4,272
11,726

2,654
1,751
29,240
482
679
188
640

40,020
20,526
149,273
7,929
8,512
4,593
14, 717

543,912
324,321
2,970,840
98 817
163,167
33,397
111, 584

17,083,000

510

8,671,884

7,313,297 1,172,798

469,626

35,634

245,570

4,246,038

155,793,000 14,594 67,608,117 71,342,915 9,344,859 5,964,928 608,171 2,820,781 42,710,074 1,319, 586
50,790
3,785

1,781

2,965

9
11
1

28,751
1,066
2,361
191,309
167,728
52

115,440
78,406
1,068

18,897
26,971

4,670
16,920

26,000

1

1,582

2,683

2,983,000

42

392,849

252,172

119,000
45,000
49,000
475,000
2, 250,000
19,000

20

0)
(2)

47,649

24,555

1,014

29,366
671
18
54,242
31,171
120

1,028
17
11
5,733
4,515
1

371

1,014

8,107
3,543
844
27,893
28,799
83

535
116,123

11,315

158,776,000 14,636 68,000,966 71,595,087 9,392,508 5,989,483 609,185 2,890,421 42,826,197 1,330,901

4 branches of 2 American national banks.
2 branches of an American national bank.




1,216
291
4,309
378
3,081

647,162
324, 516
1,405,386
427,164
2,027,224

985

6,754

550

15,833

9,556,041

419
65
1,784
32
76
38
1,084

542
20
25, 471
g
857

146
403
27, 795

225

5,375
5,452
60,990
256
535
747
2,489

2,468,203
1,623,189
16,379,706
504,235
698,763
215,680
572,846

28,569

75,844

22,462,622

36,404 104,449 345,137 697,959 202,903,380
30
203
31

264

65
160

225

26
3,806

3,832

354
15,496
16,012
1,474
6,217
8

123,172
24,578
19,246
420,966
364, 724
1,332

44

10

69,640

124
6,100

9
70
456

2

5,225

39,605

a
o
o

o
o

959, 243

o
f

a

36,668 104,674 348,969 737,564 203,862,623

o

1
CO
CO

TABLE N O . 36.- - Assets and liabilities of all active banks in the United States and possessions, Dec. 31, 1951 {includes national, State commercial,

savings, and private banks)—Continued
LIABILITIES
[In thousands of dollars]

Demand
deposits

Location

Maine
New Hamsphire

Vermont
Massachusetts
Rhode Island
Connecticut

_
_

Total Southern States




_

_ .
_
_

729,512
583.007
363,387
7, 994, 525
1,080.164
3, 264, 974

3,188

7, 628,833

14, 015, 569

4,758

29, 780, 732
3,030, 852
8,138, 556
439,946
1,373, 536
1, 016, 754

16, 682,187
2, 726,146
4,303, 993
183,926
838.989
241, 662

46, 462, 919
5, 756, 998
12, 442,549
623, 872
2, 212, 525
1, 258. 416

10. 556

43, 780,376

New York
New Jersey _
_
_..
Pennsylvania
Delaware
Maryland
District of Columbia
Total Eastern States

441,198
400,326
247, 755
4,138, 062
578, 754
1. 822, 738

6,386, 736

_ _

...

Total
deposits

288.314
182,681
115, 632
3,856,463
501,410
1, 442, 236

_ . ..

Total New England States

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

Time
deposits

Bills pay- Acceptances
able, reexecuted
discounts,
by or for
and other account of
liabilities
reporting
for
banks and
borrowed
outmoney
standing

24, 976, 903

68, 757, 279

15,836

1, 537, 285
757, 424
1, 680,330
702,253
1, 664, 631
1,808,296
1,108,028
743,963
1, 727,311
7, 291, 202
776,019
1, 558, 822
1, 724,194

672,516
262.669
433,112
94,522
325, 860
402. 675
269, 924
135, 464
295,464
737,696
104,024
238,935
480,234

2,209,801
1,020,093
2,113, 442
796, 775
1, 990,491
2, 210, 971
1,377, 952
879,427
2, 022, 775
8,028, 898
880,043
1, 797, 757
2, 204,428

840
2,500
304

155
12

23,079, 758

4, 453,095

27,532.853

4,997

50

1,520

3,830
200
650
600

219
317
650

Other
liabilities

Capital
stock i

Undivided
profits

Reserves and
retirement
account for
preferred
stock and
capital
notes and
debentures

38,505
36,118
11,032
420,720
58,296
166,323

26,209
26,507
9,573
288,103
13, 780
94.147

2,991
5,390
8,106
33, 489
6,473
7,053

Surplus

3,532
1.999
1,803
70.435
13,068
19,738

16,855
7,670
10,659
117, 252
16,420
46,994

35,128

110, 575

215, 850

730,994

458,319

63,502

243,448
168
5,322
8
155

1, 077,898
35, 859
86,985
4,513
13, 111
8,713

910, 758
111,943
325,802
12,129
36, 391
22,500

2. 499, 295
224, 616
732, 519
48,508
87,053
40,430

915,373
68,799
183, 975
8,964
52,424
13, 974

107,475
22,332
25,567
888
8,941
2,892

249,101

1, 227, 079

1, 419, 523

3, 632, 421

1, 243, 509

168. 095

312

183
549

16,814
4, 927
32,344
4,649
21,539
12,143
8,444
2,980
9,186
36,925
2,211
9,453
14,479

54,061
26,993
31,890
16,488
43,791
48,514
29,771
17,201
32.949
186,067
20,638
39, 743
49,604

74,005
43,961
81,040
21,221
58,108
64,909
43,165
37,322
52,279
193,920
24,178
63,307
66,630

30, 751
15,129
22,694
8,675
23,337
20.650
21,130
1,469
22,186
87, 515
16, 734
23,695
28,162

9,391
4,359
9,291
1,982
15, 246
9,069
4,789
.
1,205
2,154
26,837
3,091
4,625
5,656

42,817

176,094

597, 710

824,045

322,127

97,695

w

1
33,884
1,079
164

507
40
5
356
2,516
79
8,970
29,300

o
o

a

Ohio
Indiana
Illinois..
Michigan
Wisconsin
Minnesota
Iowa
Missouri

56,374
16,862
100,148
52, 051
9,877
25,237
4,389
29.587

176,853
64,670
299,359
112, 256
68,496
60,162
49, 574
117, 286

280,525
98,352
367, 782
156,368
91, 671
111, 851
69, 761
119, 826

96, 502
50,086
135,816
69,168
47,168
39,221
44,798
73, 438

13, 756
9,163
85,045
18,109
9,178
17,864
11, 445
9.853

969

13,270

294,525

948, 656

1, 296,136

556,197

174, 413

11,170
10,116
32,1S7
37,728
10,275
3, 949
24,624
9,235
40,608

11,775
12, 662
34,31/
47,675
11,453
8,269
36,205
8,074
50,166

9,679
8,884
21,481
31,746
6,156
4,322
18, 413
1,222
38,427

4,283
2,029
6,146
3,178
779
948
4,823
4,370
5,903

.

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 Un ited States
Total possessions
Total United States and possessions

620
40
3

13, 277, 457

45, 654, 675

160,320
95,019
150, 284
188,605
101,751
52,433
262, 706
56,385
171,161

601,051
530, 371
1, 446, 780
1,840,601
615,325
305,865
1, 313, 510
403,335
1,882, 274

7,700, 448

_

8, 609,130
3, 542. 027
13, 753, 798
6, 016,806
3, 286, 257
3,197,358
2,394,120
4, 855,179

440.731
435, 352
1, 296, 496
1,651, 996
513,574
253.432
1,050,804
346,950
1,711,113

Total Western States

2, 990, 629
978, 934
3,389,471
2,308,094
1, 278, 483
1,036, 761
549, 959
745,126

32,377, 218

Total Middle Western States
North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma

Washington
Oregon
California
Idaho
Utah
Nevada
Arizona

100
6

674
129
7,656
441
147
849
50
3,324

5, 618, 501
2, 563, 093
10,364,327
3, 708, 712
2,007, 774
2,160, 597
1,844,161
4,110, 053

.

1, 238,664

8, 939,112

1, 557,177
1,077,797
8,840,753
358,999
460,280
135,165
424,879

747, 425
436, 231
6, 332, 547
116,678
193,303
66,857
108,063

2,304,602
1, 514,028
15,173,300
475,677
653,583
202,022
532,942

197
630
31, 598

12,855,050

8,001,104

20,856,154

126,179, 586

59, 576,056

185, 755,642

82,393
22,304
12,335
202,183
177,976
735
2,490

34,008
2,271
6,674
182,143
119, 789
450
2,272

116, 401
24, 575
19 009
384,326
297,765
1,185
4,762

500,416

347,60/

126,680,002

59, 923,663

6,859
471

15

806
14
526

9
70
456

2,378
2,499
3,902
4,605
3,175
1,163
6,996
844
8,864

8,676

550

34,426

179,892

220,596

140,330

32, 459

225

13. 395
12,878
231, 043
2,634
4, 675
1, 9)1
6,606

39,630
26.629
331,819
9,667
12,386
2,688
10,535

66,260
39,379
378, 958
10,677
15,737
4,348
17, 519

29,418
29,135
216, 5-44
4,846
10,795
4,671
4,562

32,650

273,142

433,354

532,878

299,971

14, 701
510
16,444
734
1,587
40
457
34, 473

373, 516

2,115,841

3. 794, 985

7, 237,0/0

3,020, 453

570, 637

2,023

2,055

1,547

983

321
8,451

26
3,806

163
3
237
2, 593
12, 419
3
45

11,327
31,471
50
150

13, 951
8,399
65
100

3,773
1,521
29
46

4,649
862

848,023

8,772

3,832

15,493

45, 021

24, 570

6,916

6,616

186,603,665

44,008

377,348

2,131,334

3,840,006

7,261,640

3,027,369

577, 253

i Includes capital notes and debentures. (See classification on pp. 144 and 145.)




200

35,236

122

TABLE N O . 36.—Assets and liabilities of all active banks in the United States and possessions, Dec. 31, 1951 {includes national, State commercial,
savings, and private banks)—Continued
[In thousands of dollars]
Loans and discounts

Loans to
farmers
directly
industrial guaranOther
loans (in- teed by loans to
cluding the Com- farmers
modity
openCredit
market
paper) Corporation
Commercial and

Location

Maine...
New Hampshire
Vermont.—
Massachusetts
Rhode Island
Connecticut

69, 615
36, 672
20, 462
985,158
114, 272
199, 710

Total New England
States

245

18

7,300
2,629
10.830
6,023
1,017
5.807

Other
Real-estate loans
loans for
the purpose of
Loans to purchasSecured
Secured
brokers
ing or
by resi- Secured
and
carrying by farm
land (in- dential by other
dealers in stocks,
cluding properties propersecurities bonds,
improve- (other
ties
and
ments) than farm)
other
securities

183
10
23,301
2,121

2,030
1,406
3,192
26, 618
1,902
8,408

Other
loans to
individuals

4,968
2,908
15,985
8,718
2,194
7,349

113,319
19, 407
167,046
9,305
108,007
16,821
1, 548. 585 299, 655
208, 028
36,790
615, 664
66,165

41,620
26,972
26, 476
356, 935
55, 693
157,380

Loans
to
banks

32
13
5,714
420

1, 425, 889

263

33,606

43, 556

42,122

2, 760, 649

665,076

6,179

8, 818, 015
399,075
1, 901, 556
70,181
..141, 754
136, 409

291
219
527
244
380

65,318 1, 259,151
9,600
7,215
44,089
56, 667
2,675
3,420
4,652
11,187
3,262
108

327, 488
15, 399
57,166
2,723
47, 255
3,991

40,424
8,351
52,172
7,683
19,358
192

6, 751, 810 1,179. 477 1, 581, 780
377, 704
913,692 124, 906
801, 746
1,092,193 241, 621
42, 082
11, 062
75,364
129, 581
52,068
196,825
32, 212
94, 430
90, 867

124, 628

Total Eastern States. 11, 466, 990

1,661

146, 300 1, 321,044

454, 022

128,180

9,120, 751 1, 641, 346 3, 027, 323

7,612
7, 485
20, 499
3,990
14, 312
20, 079
5,103

28, 908
10,738
23,027
6,516
22, 714
9,079
15,379
15, 786
12,182
29,355
11, 954
48, 458
32,181

New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee

234,150
54, 284
301, 946
75,163
307, 246
- 226, 672
151,061
88,007
248,149
1, 415, 073
64,505
__. 188,199
395, 577

Total Southern States 3, 750, 032




196

26,603

5, 557
3,035
2,538
27, 323
2,573
580
1,235

31,189
6,502
19, 092
7,164
29, 856
19, 032
31, 545
24, 542
19, 585
274, 743
34, 309
50,031
40,801

57
4,723
611
4. 415
2,070
4,103
1,537
2,950
11, 217
1,393
1,491
3,177

4,730
73.153
1,326
9,254
17, 707

61, 547

588, 391

40, 643

192, 058

1,314
7,590
9,606

266,277

195, 766
101,458
69, 970
31, 279
105,180
75, 834
59, 395
25, 799
53, 917
147, 905
28. 993
90,582
85, 268
1,071, 346

448,143

48, 586
26, 920
41,143
13, 547
31, 407
35, 570
18,364
13, 668
87, 795
12, 557
36,129
35, 599

240, 464
92, 765
226, 728
60,378
203. 664
160, 964
124, 901
55, 443
114,107
617, 747
60,587
152, 686
225,001

435, 271 2, 335,435

All other
loans (in>
Less
Total
eluding
gross loans valuation
overreserves
drafts)

4,061
2,457
2,672
43, 552
6,868
11, 338

262, 780
249, 405
204, 458
3, 304, 259
428, 885
1, 073, 247

70, 948

5, 523, 034

Net
loans

2, 536
616
1,690
41.940
5,252
13, 516

260, 244
248, 789
202. 768
3, 262, 319
423, 633
1, 059, 731

65, 550

5, 457, 484

450
25

507, 810 20, 656,192
22, 447 1, 878, 608
90,091 4, 338,168
1,916
217, 350
20, 475
623, 985
14,185
375, 681

385, 550 20, 270, 642
25, 410 1, 853,198
76, 000 4, 262,168
651
216, 699
5,155
618, 830
3,074
372, 607

125, 443

656, 924 28,089,984

495,840 27, 594,144

340

923

329
650
3
141
54

29, 658
4,467
9,863
6,579
19, 207
15, 854
17, 215
5,117
19, 682
57, 013
4,095
15, 852
20, 282

5,161

224,884

727
1,624
495
215

820, 351
304, 676
719, 032
212, 817
749, 231
565, 649
432, 838
239, 742
512,155
2, 741, 974
222, 295
593, 403
856, 882
8,971,045

8,352
3,873
11, 249
2,545
8. 039
4,604
7,948
3,653
6,873
28,120
1,604
7,125
12, 286

811, 999
300, 803
707, 783
210, 272
741,192
561,045
424, 890
236, 089
505, 282
2, 713,854
220, 691
586, 278
844, 596

106,271

8,864,774

to

898,403
241,094
2,340,810
481,114
326,190
355, 736
169,927
690,715

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.

4,299
3,679
4,973
2,330
600
15,178
12,845
5,136

71,075
74,967
207,553
60,703
70,611
147,052
313,291
154,478

39,233
1,501
94, 677
10, 787
957
2,493
899
9,636

72,903
9,604
83,846
19,336
9,144
10,350
5,252
24,862

85,194
50,569
39, 717
40,195
57,165
51,365
61,479
39,760

812, 627
298,240
458,156
647,454
299, 664
306, 707
163,925
390, 620

149, 741
53,543
102,134
115,055
71, 221
52,917
38, 492
77,906

606,632
209, 225
548,637
455,756
142,077
202,755
132,820
.351,376

822
5
438

5,503,989

49,040 1,099,730

160,183

235,297

425,444

3,377,393

661,009

2,649, 278

1,518

1,305

984
600
6,807
3,357
754
431
2,554
1,867
2,917

3,434
4,368
10,432
19,970
2,413
1,602
5,244
1,955
10,856

22,860
29, 464
28,555
60,524
30,378
16,873
49, 421
17,846
37,238

4,525
5,091
10, 743
12, 204
5 334
5,144
18,845
5,645
20,566

21, 623
25,298
59, 256
91,191
34,040
13,500
91,033
26, 810
120,670

15, 696
23,740
124,586
137,644
30,340
18, 509
122, 630
37,421
235, 588

51,077
18,849
12,134
34, 751
26, 274
2,102
7,143
1,403
7,980

33,476
69,930
199,022
199,439
34,910
24,982
135,244
24, 256
89,063

746,154

161, 713

810,322

5,202

20, 271

60,274

293,159

88,097

483, 421

1,266
251
24,319
34
1 096
159

2,862
2,937
29,341
299
1,920
292
283

14,876
10,622
85, 462
3,590
6 996
953
2,127

243,386
165,692
2, 500, 752
48,096
69,404
25, 238
63,932

59, 572
30,432
311,086
10,193
15 656
5,981
2,371

154, 523
125, 288
954,935
30,014
48,601
14,199
51,088

27,125

37,934

124, 626

3,116, 500

435,291

1,378, 648

337, 719
219, 603
2, 279,349
42,969
64,623
9,471
59, 226

6,966
1,020
602
5,220
1 526
124

31,795
31,464
266,190
32,820
27 831
6,246
45,501

Total Pacific States.. 3,012, 960

15, 458

441,847

Washington
Oregon
California
Idaho
Utah
Nevada
Arizona

_

Total United States
(exclusive of pos25,906,014
sessions)
Alaska
Canal Zone (Panama)
Guam
The Territory of Hawaii.__
Puerto Rico
American Samoa
Virgin Islands of the
United States
Total possessions

12, 781
950
1 172
39, 675
79,054

133,848




I

1,171

289,682 3,120,196 1, 580,800

63

5,613
14, 213

19.858

7

8,644

3,995

21,139
191

2,142
2,212

30
91, 376
24,164

9
12, 353
5,955

3,784
87
1,136
15,387
36, 617
52

6

6

18'
63

983,138 1,046,923 19, 739, 798 3, 709,157 10,539,181

122

785

152

6

21,361

4, 483

124, 999

22, 464

57, 343

289,745 3,140,054 1,580,806 1,004,499 1,051,406 19,864, 797 3, 731, 621 10, 596, 524

2,809,086
953,499
4,009,012
1,866 831
1,004,096
1,183, 715
909, 798
1, 786,802

359,958 14,522,839

38,458
11,809
64,883
21,152
17,506
13,351
8,786
15,936

2, 770,628
941,690
3,944,129
1 845 679
986,590
1,170,364
901,012
1, 770,866

191,881 14,330,958

216

995
1,526
13,177
6,572
1,486
364
7,027
1,375
14,326

154, 670
178,871
465, 594
568,376
165 929
83,508
440,320
118,578
540, 725

2,019
3,400
5,716
3,147
2 795
665
3,468
1,840
4,648

152,651
175,471
459,878
565,229
163,134
82,843
436,852
116, 738
536,077

1,110

46,848

2, 716,571

27,698

2, 688,873

16,846
4,575
148, 647
3,537
5 779
470
499

869,811
591,884
6,610,149
176, 772
243,432
62,860
225,310

10,539
4,661
87,137
2,024
2 506
231
1,236

859,272
587, 223
6, 523,012
174, 748
240,926
62,629
224,074

180,353

8, 780, 218

108,334

8,671,884

330
556
8

9,466
10
9,476

148,887 1,539,915 68,603,691

630

630

44
27
14
3,830
5,220

29, 292
1,066
2,361
191, 515
168,325
52

3

280

23
2

14

216

Total United States
26,039,862
and possessions

5
552
2,168

89
47
67
50

68,157
11,072
128,071
34,101
26,378
39,115
10,801
42, 263

394,193

541

1,582

9,138

995,574 67,608,117

149,517 1,549,053 63,997,884

206
597

28,751
1,066
2,361
191,309
167, 728
52
1,582

1,344

392,849

996,918 68,000,966

TABLE NO. 36.—Assets and liabilities of all active banks in the United States and possessions, Dec. SI,1951 (includes national, State commercial,
savings, and private banks)—Continued
[In thousands of dollars]
Capital
Capital
notes
and
debentures

Location

125
7
1,944
912

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

Preferred
stock

50

Demand deposits

Common
stock

Individuals, partnerships,
and corporations

U.S.
Government

States
and
political
subdivisions

16,730
7,663
8,715
116,340
16,420
46,944

238,169
142,686
97,752
2,986,030
420,246
1,203,717

7,205
5,005
2,724
97,049
12,917
53,573

27,916
18,540
10,749
271,295
41,203
73,593

212,812

5,088,600

Banks
in
United
States

Time deposits
Certified
Banks
and
in
cashiers'
foreign
checks,
countries
etc 1

Individuals, partnerships,
and corporations

U.S.
Government

438,552
399,443
245,866
4,116,260
577,217
1,819,030

543
135
8,995
488
1,545

20
3
1,747
555
55

7,596,368

12,204

2,386

8,668
9,995
1,707
357,488
10,100
50,479

28,682
1,867
46

6,354
6,455
2,700
115,919
15,077
60,828

438,437

30,597

207,333

Postal
savings

States
and
political
subdivisions

Banks
Banks
in
in
foreign
United counStates
tries

2,142
320
1,695
8,008
408
2,022

3,000

England

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

3,038
34,107

8,814
13,597
1,153

155

656

Total Eastern States . . . 34,262
Virginia
West Virginia...
North Carolina _
South CarolinaGeorgia
Florida...
Alabama
Mississippi
Louisiana
Texas.
Arkansas
Kentucky
Tennessee..
Total Southern States..




867,837 21, 779,513
98,346 2,500,496
324,649 6, 779,600
12,129
380,327
35,580 1,087,017
22,500
'895,566

178,473

443,296

990,684
77,844
244,524
16,090
30,335
17,403

825,843
300,031
276,234
22,036
121,391
205

24,220 1,361,041 33,422,519 1,376,880 1,545,740
1,154

3, 597,422 1,166, 284 1,420,986 16,105, 518 51,850
79,879 2,687, 557 5,202
71,963
639
115,040 4,178,472
3,695
708,219
14,939
16,441
380
5,052
164,682
12,929
8,260
120,383
1,481
828,317
30,800
67,803
4,977
207,330 16,386

243
9
1,244
197
200
153
505
245

123

297

31,152
34,689
20,586
39,621
23,712
21,546
9,044
27,606
110,409
9,084
36,158
26,387

79,828
115,702
162,113

205,005
49,464
265,327
31,180
239, 515
157,844
93,241
66,641
255,373
1,173,236
68,143
203,651
348,108

4,167

593,246 16,832,955

420,860 2,282,268

3,156,728

117
100

126,528
115,105
129,526
95,269
181,026
228,457
141,108
123, 549
290,359

48
116

31, 594
23,559
21,101
9,386
21, 701
24,560
9,227
5,481
21,088
150,563
5,751
12,651
17,827

32,458

354,489

273
~7,~347
68
2,600
374
7,204
14,428

3,000

18
1,025

85,773

2,088

254,814 127,129

606,897 18,034
260,007
1,408
356,540
5,804
87,437
5,908
315,337
6,372
389,047
6,168
265,164
3,502
133,833
1,209
285,086
2,600
606,658 16,578
102,442
249
229,121
4,918
459, 704 3,301

2,363
536
6,625
12
1,371
2,909
32

618
235
726
415
655
850
759
357
1,085
4,324
150
77
1,710

4,570,842 1,188,320 1,676,075 24,171,876

52,907 1,143,019
26,870
538,144
31, 773 1,222,340
16,378
545,832
43,742 1,182,700
48,271 1,371,123
29,762
842,532
15,947
539,248
32, 742 1,125,681
185,772 5,348,868
20,485
613,213
39,238 1,190,612
49,359 1,169,643

14,595

81,083 125, 513 318,223
32,949
438
853
119,928
18,364
•""500
2,069
325
421
16,500

4,097,273

76,051

1,045

468
438
175
21
224
15,174

252,632

11,961

335,223

Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri

670

325
55
1,534
4,740
1,810
1,100
1,277
405

4,545

11,246

53
113
13

9

474
1 452
263
1,670
16
-

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)

4,578,911
1,991 267
7, 992,849
2,964, 256
1,635,404
1, 533,166
1,435,835
2,880, 713

932, 865 25,012,401

209,816
57,294
318, 459
164,333
59, 207
56,169
35,976
87,316

2,816,933
972,160
3,199,859
2, 279,842
1, 268,218
1,025,189
546, 576
731, 750

1,849
5,190
6,109
2,325
4,822
110
2,608
1,732

412
524
671
137
913
323
211
629

170,604
232
182, 312
25,404
4,090
10,960
564
10, 775

831
828
520
386
440
179

497, 334 12,840, 527

24, 745

3,820

404, 941

3,424

348

3,395
2,958
10,560
13,081
5,216
3,031
14,570
4,470
26,989

111, 957
91, 524
150,132
183, 536
101,169
51, 980
248,017
52,120
148,494

677
1,037
34
3,714
72
385
2,564
3.763
3,925

7
10
28
64
4
23
10
342
111

47, 679
2,448
88
1,268
496
45
12,103
160
17,657

974

335,448
326, 587
486,874
298, 245
107,177
182,823
211,304
255,335

364,137
141,071
1,404,676
215,697
154,337
349,940
130,159
852,493

7,184
252
40,577
6,040
1,127
3,788

988,570 2, 203, 793

3, 612, 510

62,610

3,642

123,005
46,622
120,892
60,141
50,522
34, 711
30,887
30, 554

179

11,108
10,003
32,154
37, 675
10,250
3,706
24,624
9,199
40,603

353,879
367,694
1, 007,231
1,191,385
420, 596
197,593
849,671
254,165
1, 277, 725

5,005
6,001
20,938
24,091
7,247
2,757
23,787
13,308
28,955

64,020
46,926
86,276
308, 989
48, 626
35. 613
ol, 103
61,975
171, 811

14,432
11, 773
171,487
114,450
31,889
14,438
101,604
13,032
205,285

391

179,322

5,919,939

132,089

885,339

678,390

421

84,270

1,138,929

16,171

599

81,944

1,021

39,574
26,590
323,993
9,667
12,198
2,688
10,535

1, 266,944
863,607
7, 216, 883
282,306
325,638
106, 905
341,337

32,953
21,863
191, 828
4,640
5,384
2,676
5,574

139, 227
125, 935
587, 910
60.406
69, 269
21, 415
63,461

92, 871
40,248
465, 510
7,597
53,788
1,285
5,008

5,714
1, 525
89, 430

741, 570
425, 710
5, 713, 534
115,927
189, 728
64,542
107,013

5,323
47
27, 525
649
2,047
1,647
925

15
!5
250
11
1,030

61,645

25

27
9,654
523,375
51
428
668
100

490
805
6,218
40
70

1,615

19,468
24, 619
289,192
4,050
6,200
2,884
7,884

264,918 1,067, 623

666,307

98,285

354,297

7,358,024

38,163

1,346

534,303

7,623

61,645

25,413 1, 543, 229 151,438

399,872

20
53
25
243

56
39
7,826
78

110

173

7,936

39,456

425,245 10,403, 620

11,327
31,471
50

59,698
8,237
4 214
138,789
112, 770
439

12,136
13, 865
3 562
30, 527
13, 598
264

8,225

1,406
5

4 279
26,355
25, 957

2,808
11,956

100

50

1,442

240

756

69

1

44,921

325,589

74,192

65, 572

16,188

22,969
2,271
5,671
177, 702
57, 626
450

806
10
28

928
71
280
2,898
13,685
4
39
17,905

268,888

12

21

1,766

1,072
125

601
2,036

1,003
2,768
60,002
67

1

5

10,449

2,658

65,606

1

5

28,071 1,608, 835 151, 439

399, 877

51,098 3, 749,452 97,005,623 3,435, 982 8,493,631 13,139,402 1,413,661 3,191, 703 57, 471, 885 263,556

* Includes dividend checks, letters of credit and travelers' checks sold for cash, and amounts due to reserve agents (transit account).

2
23
10

9,252

2,199

970

126

13

100
39, 456

4

50,998 3, 704,531 96, 680,034 3,361,790 8,428,059 13,123, 214 1,412,691 3,173, 798 57, 202, 997 253,107
2,023

Total possessions-..




240

36
5

Alaska
Canal Zone (Panama)
Guam
The Territory of Hawaii
Puerto Rico
American Samoa
Virgin Islands of the United
States—

Total United States
and possessions.,.

176,054
63,163
297, 562
107, 516
65,016
59,046
48,297
116, 211

and liabilities of active national banks, Dec. 81, 1951

TABLE N O . 37.—

ASSETS
[In thousands of dollars]

Number of
banks

32
51
38
115
6
48

Location

Loans and
discounts,
including
overdrafts

84,900
75,309
54, 292
1, 201, 243
75,101
246,602

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

ObligaU. S.
tions of
GovernStates
ment
and
securities,
political
direct and
subdiguaranteed
visions

88,451
73, 417
50,300
1,183, 532
86.627
354, 910

11,531
9,517
6,522
120, 942
3,984
82, 527

Other
bonds,
notes,
and
debentures

11,360
4,723
4,834
61,408
2,774
20,105

orporate
stocks,
including
stocks of
Federal
Reserve
banks

621
452
318
6,623
352
1,442

Currency
and coin

6,957
7,436
3,027

57, 808
5,468
25,403

Balances
with other
banks,
including
reserve
balances
and cash
items in
process of
collection

Bank
premises
owned,
furniture
and
fixtures

49,631
57,528
31, 074
861,127
37,100
235, 975

1,322
1,833
1,571
26,882
3,920
10, 204

66
23
23
16
6
211

Real
estate
owned
other
than
bank

Investments
and other
indirectly
representing bank
premises
or other
real estate

52
23
425
260
159

Other
assets

505
158
231
13, 550
402
1,611

Total

255,609
230, 448
152, 215
3, 563, 544
215,994
979,151

England
290

1, 737, 447 1, 837, 237 235,023

9,808

106, 099 1, 272, 435

45, 732

345

New York
New Jersey
Pennsylvania
Delaware
Maryland
District of C o l u m b i a . . . . . — .

372
202
619
11
59

5,331, 549 4, 246, 672 1,102,639
800, 255 1,156, 701 213,384
2, 448,314 2, 750, 638 468,336
11, 585
13, 585
1,463
198,601
339, 417
27,863
199,131
359, 792
6,701

531,109
86,385
321, 289
1,221
24,479
20, 786

43, 027
4,334
18, 852
117
1,234
1,000

120, 730 3,615,353
64, 697
489, 609
143, 573 1, 658, 448
6,282
949
15,651
209, 977
17,729
201, 807

88, 917
25,725
60,729
508
5,320
8,145

521
131
1,171
4
34
531

1,733
381
7,259

Total Eastern States. _

1,272

8, 989,435 8, 866, 805

985, 269

68, 564

363,329

189,344

2,392

9,908

133
74
46
25
51
63
70
24
36
443
52
93
74

444, 455
485, 554
149, 062
245, 955
177, 732
189, 458
136, 445
203,339
396, 991
360, 036
355, 854
642,664
316, 219
367, 856
61, 766
78, 978
333, 877
561,378
2, 204,177 1, 970, 075
118,334
176,118
202,142
295,637
604, 655
505,036

26, 084
9,694
11, 259
11,457
15, 200
18, 696
18, 481
1,336
9,385
61,350
8,141
12,399
18,201

2,183
1,042
854

31, 499
14, 999
15, 408
14, 455
19, 214
31, 439
24, 266

310
31
66
66
208
426
355
36
148
7,303
4
210
114

576
10, 862
114
40
29

221, 683

26,403

9,277

13,003

Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee

Customers'
liability
on acceptances
outstanding

.

Total Southern States..

1,184




51.134
21,891
31, 008
18, 779
49, 995
90,182
89, 242
31, 953
73, 971
251,630
41, 936
23,197
83,370

5, 501, 709 6, 082, 084 858, 788

105, 204

602
1,542
2,213
1,593
398
2,194
9,164
744
1,170
2,704

6,181,476

9,172
16,956
28,538

447, 008
2, 253,374
144, 688
216,162
448, 039

12,254
4, 865
5,209
3,470
12,290
17,623
7,636
2,146
11, 045
57, 261
2,346
4,890
16,136

320,711

5,412,397

157,171

6,043
20,139
88,583

320,
147,
158,
142,
348,
419,
297,

507
872
540
426
606
256
076

767

30, 407

16, 457

5, 396, 961

71,925
41
3,426

101,449
7,835
16,863
44
2,319
757

15, 255, 624
2, 849, 478
7, 898, 898
35, 758
825, 528
816,379

75,490

129, 267

27, 681, 665

159
204

2,937
708
964
702
2,601
3,748
2,750
220
4, 479
10, 087
548
1,194
2,512

1,377, 924
596,119
590, 987
531, 779
1, 206, 683
1, 582, 220
1,127,307
251, 719
1, 469, 896
6, 951, 836
502,145
774,156
1, 710, 038

36,133

33,450

18,672,809

535

702

305

38
115
527

4
1,306
27, 970

Ohio
Indiana
IllinoisMichigan
Wisconsin
Minnesota
Iowa
Missouri.

._.
_
._

Total Middle Western
States
North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma

.._
_

Total Western States..
Washington
Oregon
California
Idaho
Utah
Nevada
Arizona

-..

Total Pacific States
Total United States
(exclusive of possessions).

220, 548
83,639
447,106
149, 567
62, 692
105, 669
71, 485
71, 635

67, 349
38, 766
242, 058
57. 539
58,141
66, 321
17, 788
36, 458

6,412
2,643
15,607
4,197
2,137
3,345
1,097
3,229

979, 645
73,141
510, 617
45,040
97,605 2, 660, 536
690, 228
55, 677
400, 824
22,809
612,134
22, 794
216, 988
12, 378
599, 077
20, 775

33,115
13. 389
34,169
15, 774
9,224
9,319
4,219
10,009

1
93
339
58
20
501
23
141

3,619
1,194
287

1,277

7, 676, 688 10, 659, 348 1, 212,341

584, 420

38, 667

350, 219 6, 670, 049

129, 218

1,176

8,350

40
35
123
174
39
24
77
26
198

127, 970
111, 254
368, 854
390, 272
147, 348
93, 213
392, 984
111, 504
563,174

9, 788
11, 744
66, 472
64, 393
9,640
7,616
27, 335
8,157
1C5, 850

5,803
5.887
18,148
21, 558
7,127
2,468
13, 816
1,217
23, 617

319
348
1, 315
1,303
316
251
1,314
428
2,211

3,724
4,107
10, 718
12, 540
5,327
4.156
13, 097
5,882
20, 673

58, 718
65, 927
304, 675
329, 303
81.183
59, 867
279. 535
97, 099
.537, 375

1,340
2,080
5.832
4,695
2,862
1,420
2,995
2,378
7,278

18
3
9
117

130

25
90
91
340

100
6,038

736

1, 717,874 2, 306, 573

310, 995

99, 641

7,805

80, 224 1, 813. 682

30, 880

693

6,268

35
20
93
13
11
5
3

575, 235
665, 206
454, 714
511, 622
5, 043, 926 3, 800, 980
159, 574
126, 896
132, 500
117, 774
80, 728
49, 568
107, 714
178, 957

144, 626
98, 224
603. 297
7,798
9,798
6,296
15,903

25, 594
13, 656
320, 225
1,143
1,348
4,144
8,035

2.319
1,694
24,154
421
342
166
551

476, 525
31, 845
287, 593
15, 702
107, 035 2,177,133
68, 381
5,535
87, 056
3,853
24, 388
3,206
82, 541
9,890

18, 499
15, 047
82, 293
3,104
2,681
1,714
5,147

351
14
1,638
24
24
33
803

475

140
403
21,001

1, 945, 237
4,422
1, 403, 723
5,054
49, 746 12, 256, 574
373, 065
189
356, 375
274
170, 875
632
411, 518
1,977

180

6, 693, 949 5, 311, 445

885, 942

374,145

29, 647

177, 066 3, 203, 617

128, 485

2,887

26, 346

21, 544

62, 294 16, 917. 367

180, 894 1, 397, 648 24, 553, 656

680, 830

16, 770

64, 642

172, 682

320,173 102, 461, 726

458
2,528

7
19

26

82
737
44

5, 225

26

863

276, 834

239
125
386
78
95
178
97
79

1, 215, 787 1, 736, 728
491. 840
896, 297
2, 995, 538 4,173, 753
896, 092 1, 452, 678
400, 618
714, 512
757, 425
729,195
251, 767
280,730
667, 621
675, 455

76, 349
91,601
327, 667
281,040
73, 867
56, 667
300, 476
81,046
429,161

4,939 32, 317,102 35,063, 492 5, 323, 475 2, 370, 362

Alaska
The Territory of Hawaii
Virgin Islands of the United
States

5
1
1

1,582

2,683

Total possessions

7

106, 675

92, 851

Total United States
and possessions




15,142
89, 951

35, 477
54, 691

1,663
8,092

296
2,491

1

5,276
15, 269
371

535

2,787

1

20, 916

39, 938

2,996
683, 826

16, 796

8,652

67, 531 27, 406, 659

456

767
1,215
1,835
1,617
747
255
2,055
277
2,406

284, 796
294,166
1,105, 525
1,106, 968
328, 417
225 938
1, 033,' 697
308,179
1, 698, 579

456

11,174

6, 386, 265

725

26

180, 895 1, 418, 564 24, 593, 594

25,146

1,240

4, 342,333
8,285
2, 086, 990
4,562
26,535 10, 700, 057
10,182 3, 333, 556
1, 676, 992
5,974
6,308 2, 317, 450
859, 461
1,792
3, 893 2, 089, 820

467
79
5, 758
247
41
820

10

9,755

4,946 32, 423, 777 35,156, 343 5. 333, 230 2, 373,149

19, 074
20, 329

855
25
1,053
1,317

64, 642

172, 708

77. 475
194,134

321, 036 102, 738, 560

TABLE N O . 37.—Assets and liabilities of active national banks, Dec. 31,

1951—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.

Time
deposits

Total
deposits

149,774
164,877
70,614
2, 758,107
137,071
730,697

79,919
42,998
66,076
452,224
62,032
179,121

3,210,331
199,153
909,818

4,011,140

882,420

4,893, 560

229,693
207,875

19,305, 497
.

_

Total Southern States




912,892
416, 732
454, 314
444,169
976, 622
1, 251,187
845,009
190,161
1,192, 658
5, 911,140
407, 247
609,004
1, 292,021

14, 903,156

58,047
154,335
225,688
201,301
46,441
190,175
590,167
59, 932
112,381
306,900

9,240
6,060
4,703
78,904
4,570
22,133

Surplus

Undivided
profits

9,612
9,092
5,064
140, 578
8,615
25,113

and retirement
account
for
preferred
stock

4,713
5,652
3,624
49,365
1,587
11,902

1,021
1,157
1,079
19,058
49
3,539

"ioo

31,808
293
159

1,330
562
1,055
33,100
1,727
6,387

550

32,260

44,161

125,610

198,074

76,843

25,903

74,927
41
3,469

14,504
47,989
34
2,347
4,248

355,369
58,241
207,128
1,260
14,220
12,700

566,528
82,146
412, 766
2,659
27,334
20,650

218,322
32,615
106,712
797
9,432
7,676

15,653
9,746
12,260
85
4,153
1,230

375, 554
=====
18,967
6,887
5,823
4,403
7,862
13,195
13, 757
218
14, 550
65, 702
7,564
8,767
16, 785
184,480

43,127

50

3,340
"200

5,236,075 24, 541, 572
360, 747
131, 733
96,005

Capital
stock i

2,245

11,336,880 1,878, 731
1, 573, 718 1, 078,467
5,105, 712 1,999, 522
19,351
11, 572
607,134
160, 610
662,702
107,173

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

Demand
deposits

Bills payAcceptable, redis- ances execounts, and cuted by
or for acOther
other
count of
liabilities
liabilities
reporting
for
borrowed banks and
money outstanding

1,273,639
548,465
550,319
502,216
1,130, 957
1,476,875
1,046,310
236,602
1, 382,833
6, 501,307
467,179
721,385
1,593,921

2, 533,852 17,437,008

5,785

78,535

876, 091

648, 918

1,112,083

340
1,400

307

8,920
28,871
159
204

7,544
2,049
3,734
3,697
9,420
8,952
7,307
819
7,034
27, 597
1,730
3,268
9,550

29,281
12,985
9,625
8,137
21,173
31,375
21,590
4,533
19,588
14S, 030
10,480
15, 080
31, 701

42,871
22,053
19,137
12,027
28, 638
44,477
31, 724
9,199
36,346
153,837
13,679
23,871
49,173

41,470

92,701 I

363,628

492,032 I

"489"
300

55
2,095

4
2,516

4,975
2,280
1,860
1,299
8,633
7,042
4,103
298
625
21,492
1,513
1,571
3,704
59,395

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
-

_ ___

__ ___

4,056,077
1,959,269
9,983,447
3,139,749
1,573,242
2,148,012
804,849
1,962,771

6,061,423

25,627,416

201,800
224,679
922,657
948,986
261,209
177,351
782,901
250,504
1,446,749

__ _

1,098,965
467,956
2,208,880
912,245
487,533
485,889
151, 857
248,098

66,491
51,976
110, 720
93,647
51,198
36,353
185,249
40,313
134,231

268,291
276,655
1,033,377
1,042,633
312,407
213,704
968,150
290,817
1,580,980

5,216,836

______
..

2,957,112
1,491,313
7,774,567
2,227,504
1,085,709
1,662,123
652,992
1,714,673
19, 565,993

__

770,178

5,987,014

1,373,252
948,570
6, 747,198
266,244
258,765
105,486
306,355

448,562
358,970
4, 579,214
86,073
76,708
54,083
76, 872

10,005,870

5,680,482

73,008,492

21,164,430

94,172,922

50,545
94,761
2,490

23,415
85,156
2,272

Total possessions
Total United States and possessions

__ .._

147, 796

110,843
21,275,273

94,431,561

42,810
24,824
86,649
26,984
21,467
21,958
12,365
23,806

4,668
5,484
51,064
6,470
4,612
11,997
2,919
3,479

9,920

159,904

524,535

733,178

260,863

90,693

1,742
2,323
3,020
3,405
2,229
939
4,170
724
7,248

4,605
4,593
21,245
20,120
5,195
2,510
16,230
6,440
32,488

6,129
7,031
22,316
23,912
5,695
5,515
27,738
5,970
41,691

3,111
2,663
14,306
15,229
2,577
2,730
13,119
792
30,537

918
901
4,832
1,619
314
540
3,879
3,422
5,179

456

25,800

113,426

145,997

85,064

21,604

10,729
11,814
199,180
2,025
3,048
1,531
5,485

32,450
22,620
247, 523
6,800
5,200
1,885
7,475

44,960
33,920
286,462
7,795
5,829
3,650
12,200

22,245
26,939
162,418
3,575
5,656
4,200
3,131

12,848
260
10,417
553
1,169
40

6,429
50
411
14
6,904

24,983

233,812

323,953

394,816

228,164

25,287

187,624

1,432,469

2,100,070

3,076,180

1,210,968

266,009

26

15,484

106
1,127
45

1,125
4,000
150

1,215
6,000
100

636
888
46

433
2,176
122

26

258,639

73,156,288

124,796
54,376
283,006
83,779
42, 761
73,472
22,415
48,573

191
630
24,162

150

73,960
179,917
4,762

Alaska
The Territory of Hawaii
Virgin Islands of the United States

89,536
33,755
231,557
45,945
28,655
38,631
14,448
42,008

467
79
6,901
247
41
820

100

15,686,352

Total United States (exclusive of possessions)

23,929
9,203
57,433
30,382
6,214
22,560
2,365
7,818

456

1,821,814
1,307,540
11,326,412
352,317
335,473
159, 569
383,227

Total Pacific States

1

1,365

50

15,484

1,278

5,275

7,315

1,570

2,731

187,650

1,433,747

2,105,345

3,083,495

1,212,538

268, 740

See classification on pp. 152 and 153.




CO

TABLE N O . 37.—Assets and liabilities of active national banks, Dec. SI,

1951—Continued

[In thousands of dollars]
Loans and discounts
Loans to
farmers
directly
industrial guaranloans (in- teed b y
t h e Comcluding
modity
openCredit
market
Corpopaper)
ration

Commercial and

Location

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

32,658
30,854
10,764
789,423
32,287
99,269

England

Loans to
Other
brokers
loans to and dealfarmers
ers in
securities

4,408
2,261
4,654
4,202
46
2,135

12,567

Other
loans for
the purpose of
purchasing or
carrying
stocks,
bonds,
and other
securities

1,385
1,719
12,351
1,139
3,489

Real estate loans
Secured
Secured by resiby farm dential Secured
land (in proper- by other
eluding ties (other properties
improve- than
farm)
ments)

Other
loans to Loans
to
individuals banks

1,736
1,446
3,192
1,515
163
1,240

17,676
15,555
13,704
106,298
20,392
58,838

6,341
3,710
4,054
53,937
6,024
13,831

19,536
19,035
15,750
210, 287
15,828
65,811

20
13
5,049

17,706

13,024

20,981

9,292

232,463

87,897

346,247

5,082

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

3, 349, 534
192,029
1, 335, 319
2,442
68, 972
89,148

75
84
375
34
136

41,231
8,291
46,822
1,002
4,676

517, 722
1,071
9, 330

18,828
6,302
38,169
1,244
7,411
127

379,096
343,343
500,866
4,913
32,821
44,719

81,955
43, 715
129, 798
686
13, 373
16,246

708,158
195,368
357,692
946
24,624
41,724

44,670

4,278
1,503

95,715
7,983
29, 538
81
33,725
3,258

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

5,037,444

704

102,030

533, 904

170,300

285, 773 1, 328, 512

45,410

140, 472
29, 934
85, 340
60, 684
197,291
173,167
130,275
25,400
199,148
1, 254,837
42,474
63,132
351,973

146

1,754

6,585
1,403

3,152
413
993
18,036960
174
827

19,000
2; 472
5,036
2,287
9,865
7,488
15,941
3,564

8,116
2,714
8,487
16,666
3,412
890
3,749

178, 793
13,656
21, 785
17,728

1,277
586
3,041
1,703
4,020
383
2,757
10, 795
1,154
755
3,113

2, 754,127

30, 579

306, 305

31, 338

Total Southern States...




995, 255

"""249"
3,826
1,803

72,081 1,305, 758

65, 774
481
1,781
16,023

14, 246
3, 730
3,001
1,912
4,392
2,244
5,375
1,877
3,004
19,859
4,001
10, 586
7,759

100,013
50,607
12,038
12,697
30,228
28,674
37,455
7,248
23,261
104, 625
12,138
32,483
34,337

136,081

81,986

485,804

28, 361
11,939
7,311
10,504
13,231
19,493
12,805
4,084
18, 378
68, 782
6,446
11,732
21, 775

114,254
49, 562
54,807
38, 557
117,008
98,707
93, 951
16, 636
63,196
454, 983
36,261
58, 797
145,052

234,841 1,341,771

290
~450"

830
60
1,458
495
215
329
640

4,121

All other
loans
Total
(including over- gross loans
drafts)

2,616
1,652
1,034
30,027
63
6,484

86,050
75, 908
54,884
1,225, 656
76,038
251, 385

41,876

1, 769, 921

Less
valuation
reserves

1,150
599
592
24, 413
937
4,783

Net
loans

84,900
75,309
54,292
1, 201,243
75,101
246, 602

32,474

1, 737, 447

97,605
9,900
46,908
9
1,161
2,061

5, 331, 549
800,255
2,448,314
11,585
198,601
199,131

9,147,079

157, 644

8, 989,435

23, 028
1,612
151,259
2,901
180,136
4,337
138,104
14, 685
401,489
10,186
358,823
16,154
322, 755
62, 868
2,373
337,942
14,437
51, 537 2,228,661
119,044
1,473
205,061
3,796
613, 991
15, 350

4,234
2,197
2,404
1,659
4,498

192,170 5,429,154
11, 969
810,155
47,023 2,495,222
246
11, 594
9,296
199, 762
4,459
201,192
265,163

161,869

5, 568,822

6,536
1,102
4,065
24, 484
710
2,919
9,336

444,455
149,062
177,732
136,445
396,991
355,854
316,219
61, 766
333,877
2, 204,177
118,334
202,142
604,655

67,113

5, 501,709

Ohio
Indiana..
Illinois
Michigan
Wisconsin .
Minnesota
Iowa
Missouri

Total Middle
States
North Dakota
South Dakota
Nebraska
Kansas. _ _.
Montana
Wyoming .
Colorado
New Mexico
Oklahoma...

30,210
20,472
110,299
8, 520
10,986
48,875
68,684
54,935

13,286
1,453
70,368
10,426
479
2,491
375
6,597

12, 759
6,227
73,028
6,835
3,097
9,011
1,518
14, 785

18,192

352,981

105,475

127, 260

12, 593
18, 717
111, 052
94, 665
15,907
15, 019
90, 447
28, 984
219,560

___

3,133
1, 276
2,534
574
10
6,356
2,560
1, 749

3, 787, 543

__

470,473
170, 272
1,937, 491
313,156
193, 424
322, 707
75,849
304,171

16, 577
4,909
6,273
13,254
6 431
419
4,282
1,141
4,885

12, 272
26,134
119, 664
81,888
13, 083
15, 582
97,839
15,318
54,034

606, 944

58,171

311,611
204, 534
1, 850, 779
30,858
34,861
6,948
47, 658

2,057
274
218
2,105
608

2,487, 249

33,393
14,318
19, 519
6,609
7,553
9, 865 '
8 869
5,446

283,317
141, 025
292, 797
258, 824
102,388
155, 591
46 059
122,892

3
6
3
50

39,982
7,068
88, 524
20, 772
16, 053
35,924
5,310
24, 374

1, 232,988
498,018
3, 049, 753
907, 607
409,366
766, 055
255,577
672, 415

17, 201
6,178
54, 215
11,515
8,748
8,630
3,810
4,794

1, 215, 787
491,840
2, 995, 538
896,092
400, 618
757,425
251, 767
667,621

892

238,007

7, 791, 779

115,091

7, 676,688

208

859
1,184
11,984
4,184
559
300
6,467
995
13,233

77, 676
94,004
331,596
282, 738
74,934
57,123
302,465
81, 981
432,990

1,327
2,403
3,929
1,698
1,067
456
1,989
935
3,829

76,349
91, 601
327, 667
281,040
73,867
56,667
300,476
81,046
429,161

866

39, 765

1, 735,507

17,633

1,717,874

16,187
3,991
120,808
3,178
4,584
233
311,

674,845
515, 624
5,106,223
128,452
118,951
49, 719
179,847

9,639
4,002
62.297
1,556
1,177
151
890

665,206
511,622
5,043,926
126,896
117, 774
49,568
178,957

149. 292

6, 773, 661

79, 712

6,693,949

280, 576
106, 711
387,006
228, 765
56, 207
148, 541
36, 552
115, 917

427
5
398

292,689 1,360, 275

65,432
29,191
67, 789
53,126
19,166
26,688
9,798
21, 499

Western

__.

Total Western States .__
Washington
Oregon
California
Idaho
Utah
Nevada
Arizona

. . _

Total Pacific States

Total United States (exclusive of possessions) . . 15,668, 562

105,572 1, 402,893

1, 254

906
386
5,933
2,283
159
350
705
1,517
2,092

1,389
1,686
4,757
7,247
870
912
3,718
1, 237
7,363

14,984
19,847
18, 563
23, 312
14,979
11, 403
32, 220
12, 494
29,049

3,319
3,166
8.529
5,657
2,172
3,258
14, 546
3,886
17,389

14, 777
17,970
43,975
47,963
20, 774
9,880
51, 250
16, 409
83, 923

435.814

4,743

14,331

29,179

176,851

61,922

306, 921

1,244
236
13,695
20
814

124

24,624
26,362
231, 577
20,810
9,634
4 113
39, 453

159

2,353
2,527
16,947
105
1,702
290
249

138, 429
10, 267
133,801
8,100
60,968 1, 840, 505
41,129
2,501
29,543
1,310
21, 601
770
49,529
1,369

31,476
25,122
201, 578
8,521
5,021
4,449
1,160

136, 597
110, 677
760, 247
19, 225
30,874
11,315
39,835

5,386

356,573

16,168

24,173

85,285 2, 254, 537

277,327 1,108, 770

8,901

113,130 1, 571,409

704,652

493,126

383, 395 5.858,306 1, 240,449 5, 792, 496

65, 272

5
536
1,957
991

1
1,236

4,912
44, 214

2,225
5,306

8,901

895,972 32, 786, 769
33
3,737

3,362
6,307

15, 664
90,101

Alaska
The Territory of Hawaii
Virgin Islands of the United
States

5 108
15,369
216

18

6

122

785

152

280

3

20, 693

5,631

8,348

1,359

49, 911

7,683

9,949

3,773

107,347

Total United States and
possessions . .
15,689, 255

113,130 1.577,040

469,667 32,317,102
522
150

15,142
89,951

672

106,675

1,582

Total possessions.




23
8,319

330
328

5,613

704,652

501,474

384, 754 5, 908, 217 1, 248,132 5,802,445

65, 272

899, 745 32,894,116

1,582

470,339 32,423, 777

C7I

TABLE NO. 37.—Assets and liabilities of active national banks, Dec. 81,

1951—Continued

to

| In thousands of dollars]
Capital stock

.

IndividU.S.
Common uals, part- Governnerships,
stock
and corment
porations

States
and
political
subdivisions

Banks
in
United
States

9,240
6,053
4,703
78,851
4,570
22,133

126,938
128,747
60,947
2,069,462
109,796
616, 531

3,949
4,872
1,621
76,077
4,360
20.272

10,197
16,232
5,093
203,254
12,872
34,313

5,827
8,897
1,210
313,601
3,844
23,553

28,214
31
26

2,861
6,129
1,743
67,499
6,168
36,002

60

125,550

3,112, 421

111, 151

281,961

356,932

28,273

120,402-

353,320
56,881
207,078
1,260
14,220
12,700

8,186,086
1,282, 205
4,133,045
18,387
452,053
569,635

375, 531
40,545
175,409
351
15, 713
11,545

298,283 1,353, 877 524,694
167, 025
41,964
182
175,107
539,190
12,073
141
54,421
81, 708
246
136
53,748
4,580

598,409
41,797
70,888
472
2,993
23,058

645,459 14,641,411

619,094

695,113 2,070,487

541, 775

737,617

4, 874,656

20,284
11,920
9,457
13, 976
24,411
17,922
16,006
3,912
22,532
97,697
5,735
12,789
19,022

72,417
140,976
67,499
35,950
38,157
30,229
66,637
21,531
106,640
193,071
148, 677 147,079
102,358
91,200
29,535
21,794
174, 793 211,071
368,460 1,128,044
41,478
53,920
41,476
55,810
105,608 338,304

102

200
. 150
100

657, 569
29,281
287, 551
12,985
368,161
9,625
333,804
8,137
635,750
21,173
916,304
31,375
627,215
21,590
132,796
4,445
760,955
19,588
147,830 4,172,224
302,454
10,330
493,011
15,080
813,901
31,601

116

21,544
13,812
8,310
8,221
16,709
18,983
7,856
2,124
16,103
130,922
3,660
5,918
15,070

588

363,040 10, 501,695

23,852

269,232

Preferred
stock
_ _

7
53

-_

Total New England States. _
New York
_ .._
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
Total Eastern States
Virginia
West Vriginia . .
North Carolina
South Carolina
Georgia
.
Florida
Alabama
_ __
Mississippi
Louisiana
Texas.. .
Arkansas
Kentucky
Tennessee
- __

Time deposits

2,049
1,360
50

Location

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut

Demand deposits

3,459

_ .

Total Southern States




138

275,663 1,363,735 2,468,979

Banks
in
foreign
countries
2

41
2,222
374
7,204
13,793

Certified Individand
uals, partcashiers' nerships,
checks,
and coretc. i
porations
79,814
42,169
65,509
434,126
61,180
177,032

U.S.
Government

States Banks Banks
in
and
Postal political
in
savings subdi- United foreign
countries
visions States

17
543
132
8,390
225
1,543

6
20
3
1,570
406
15

859,830

10,850

2,020

6,663

57

3,000

1,622,569
1,059,996
1,926,281
11,484
154,795
99,531

42,781
4,896
3,408
10
5,375
6,117

1,480
198
652

174,013

755
1,025

37,888
13,377
68,426
78
420

62,587

1,780 120,189

2,350

322,963 16,086
1,034
130,091
2,667
83,765
5,905
51,574
5,460
147,352
6,078
217,279
196,992 3,371
702
45,729
497
185,193
473,175 16,547
243
59,060
106, 467 1,555
292, 767 3,220
2,312,407

63,365

120
185
1
7
888
66
10

82
266
427
5,086
271
531

5
52

20

380
226
11
205
8
480
629

21,198
197
9,561
356
627
1,785
299
10
4,441
96,491
440
4,283
9,234

3,534
150
60
1,510

1,965 148,922

7,193

44
420
39
16
169

3,000

500
174,513

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
The Territory of Hawaii
Virgin Islands of the United States
.
Total possessions
Total United States and possessions.
1

55
1,534
1,000
50
1,100

3,739

89,536
33,700
230,023
44,945
28,605
37,531
14, 448
42,008

2,338,100
1,119, 246
5, 811,461
1, 754,043
834,279
1,113, 743
437, 575
1,129, 746

520, 796 14, 538,193

1, 007,649
463,233
2,075, 241
901,590
480,760
481, 737
149,091
239, 674

1,841
3,627
6,098
1,753
4,801
104
2,570
1,582

185 88,744
354
74
630 126,391
40
8,583
847
742
59
3,810
52
144
546
6,106

546
668
520
279
383
179

1,411

75,198
33, 752
87,596
25,154
27,873
25,204
11,913
13, 745

52,820

300,435

5, 798, 975

22,376

2,713 234,594

2, 765

348

2,045
1 636
8,082
8,171
2,567
2,239
10,464
3,567
22,890

65,686
50 194
110, 596
88,924
50,989
85,905
175,895
38,122
111,829

649
1,026
34
3,698
15
385
2,114
2,030
3,923

!8
10
11
96

150
753
65
961
189
45
7,218
150
17,509

208

191,000
238,252
126,239
177,254
370, 247 1, 216,266
180,076
132,033
127, 510
56,153
346, 730
124,674
77,375
112,003
454, 211
73,320

3,977
193
36,996
5,328
1,127
3,788

671, 202 1, 202, 056 2, 801, 287

110,585
34,629
252,001
130,870
38, 767
47,984
14,126
42, 240

6
3
23
41

190

4,605
4,593
21, 245
20,120
5,195
2, 510
16,230
6,440
32,488

600

2,982
3,772
16,823
16,689
3, 571
2,265
20,503
9,234
26,118

9,295
23 388
59,665
166,770
21,948
26,081
39,622
47, 583
138,033

11,083
10 583
169,669
104,843
16,146
13,493
80,087
12, 574
202,152

113,426

600

176,395
185 300
668,414
652, 513
216, 977
133, 273
632,156
177, 546
1,057, 208
3,899,782

101, 957

532,385

620,630

421

61,661

728,140

13,874

27,040

916

32,450
22,620
246,923
6,800
5,200
1,885
7,475

1,112,109
752,516
5,469,069
210, 203
182, 521
83,892
253,212

30,372
19,661
144,890
3,887
2,972
2,278
3,796

119,136
112,843
503,015
44,941
35,362
16,073
37,098

89, 726
39,323
312, 917
4,380
34,049
1,240
4,889

4,878
1,501
71,501

442,845
350,709
4,074,143
85,373
73,605
51,768
75,837

5,313
47
24,790
649
2,033
1,647
925

9
5
15
8,149
237 415,189
11
1,020
668
10
100

390
50
3,525
40
50

61,330

1,478

17,0*1
22, 726
245,806
2,833
3,861
2,003
5,882

323,353

8,063, 522

207,856

868,468

486, 524

79,358

300,142

5,154,280

35, 404

1,302 424, 111

4,055

61,330

726, 499 1, 789,489 19, 728, 288 208,456

9, 98S 961, 519

17,336

238,843

8,446 2,091,624 54,757,024 1,986, 923 4,943,718 8,804,839

100

1,125
4,000
50

37,806
59,569
1,442

7,837
19,856
240

3,950
11,509
756

300
1,577
13

100

5,175 !

98,817

27,933

10, 215

1,890

8,546 2,096.799 54,855,841 2,014,856 ! 4, 959, 933 8,806, 729

4

69

2
23
5
12
874

561

652
1,689
39

12,474
82,698
2,199

9,250
1,061

5
10

1,686
1,387
67

1

5

561

2,380

97,371 | 10,311

15

3,140

1

5

10,003 964, 659

17,337

238.848

727,060 1,791,869 19,825, 659 218,767

Includes dividend checks, letters ol credit and travelers' checks sold for cash, and amounts due to Federal Reserve banks (transit account).




Ox
GO

TABLE]JNO. 38.—Assets and liabilities of all active banks other than national, Dec. 81, 1951 {includes State commercial, mutual savings, and
private banks)
ASSETS
[In thousands of dollars]
Balances
Corpowith other
U.S.
Obligabanks, inrate
Loans
Govern- tions of
Other
cluding
Num- and dis- ment ob- States
bonds, stocks,
reserve
counts, ligations, and po- notes, including Currency balances
ber of
stocks of and coin
and de- Federal
banks including direct and litical
and cash
overdrafts guaran- subdivi- bentures Reserve
items in
sions
teed
process of
banks
collection

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




63
58
38
253
16
136

175,344
173,480
148, 476
2,061, 076
348, 532
813,129

249, 537
179,837
59,937
2,331,389
399, 620
1,158,172

564

3, 720, 037

4,378,492

10,178
3,802
8,364
56,920
15, 685
68,805

46,323
23,071
5.983
345,457
47,354
181,074

8,848
25,952
1,628
129,356
18,891
56,158

163,754

649, 262

11,721
2,629
3,408
54,501
18, 692
39,370

InvestCusReal ments and tomers'
Bank
other
estate
premises owned, assets
liability
owned,
indirectly on acOther
furniture other represent- ceptthan
assets
and fix- bank ing bank ances
outtures premises premises
or other standing
real estate
4,001

54,316
18,209
22,021
375, 734
111,324
269, 535

1,
29,655
9,949
19,146

851,139

442
289
309
935
17
941

155
139
1,081
250
56

1
2,074
783
5

1,130
738
480
9,874
2,189
15,371

2,863

Total
assets

561,995
430, 293
252,346
5,398.052
973,286
2, 621, 762

240,833

130,321

66, 637

2,933

1,681

29,782

10, 237, 734

883,748 1,173, 597
210,120 181,161
272,941 629,249
23,013
71,490
46,087
84,162
8,209
13,149

80,170
11,636
30,716
5,752
3,077
921

270,157
64,181
103,460
9,846
32,015
12,763

6, 776, 426 213,141
445,483
34, 296
924,938
50,175
123,495
3,993
223,975
12,387
120, 214
8,871

2,580
304
4,230
205
214
184

3,602
212
8,345
656
26
1,200

155, 892 212,165
127 11,148
1,843 19,695
1,514
8
57 17, 579
1,485

'36, 972,098
3,371,237
5,907,651
663,324
1, 585, 722
531,146

1,011 18, 604, 709 16, 824,184 1,444,118 2,152,808

132, 272

492,422

8,614, 531

322, 863

7,717

14,041

157,927 263, 586

49,031,178

14, 510
5,498
65,485
8,028
3, 523
4,098
2,238
4,815
3,179
20,895
3,703
19,199
4,275

1,118
1,273
1,800
203
1,329
297
282
345
682
2,451
171
940
1,457

27,631
15, 490
49, 606
11,490

9,684
3,541
10, 867
1,574
8,488
7,911
2,465
5,413
3,108
16,193
2,493
5,063
6,185

136
160
119
73
325
817
112
224

1,384
630
317

23,816
12,024
21, 794
22,318
40,032
11,013
24,307
18,028

224, 256
• 107,323
386, 867
88,432
245,047
149, 626
89,434
165, 718
204, 274
482,939
132, 760
314,364
157,882

26
,713
19
79
386

1,018,051
521,843
1,700, 525
318,051
946,053
784,709
360,460
688,614
680,603
1,637,626
444,750
1,164, 762
659,482

159,446

12,348

304,495

82, 985

4,189

10,925, 529

377 14,939, 093 12, 261, 527
139 1,052, 943 1,359, 626
348 1, 813, 854 2,048, 205
27
205,114
218, 238
110
420, 229
745, 914
10
173. 476
190, 674

182
107
179
124
335
145
156
178
130
466
178
290
224

367, 544
151, 741
530,051
73, 827
344, 201
205,191
108, 671
174,323
171,405
509, 677
102,357
384,136
239, 941

2,694

3,363,065

334,026
209,045
506,950
105, 508
283,369
348, 268
119, 960
220,007
190,762
473, 846
164,440
394, 885
185,103
3, 536,169

36,163
25,198
140, 925
28,492
29, 505
42,181
23,655
95,372
83,606
87, 686
27, 485
20,458
44,841
685, 567

2, 748, 922

10

24
345

1,594
1,944
7,520
384
2,965
2,027
1,472
522
782
1,591
309
1,298
1,029

3,559

1,347

23,437

350
125
147
2
411
174

18
40
5
352
79
50
429

OhioIndiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri

420
360
509
357
462
503
564
520

Total Middle Western
States

162,957
25, 233
113, 746
50,543
.31, 566
57, 450
17,073
49,083

5,238
1,057
6,464
3,188
896
123
651
16,623

99, 661
38, 285
45,882
64,585
34, 492
18,961
30, 707
45, 752

888,164
321,001
869,022
520,184
316,304
157, 774
320, 076
802, 225

25,011
8,708
14, 690
25, 733
9,815
5,461
6,406
15, 243

119
38
177
376
91
222
19
2,850

10, 545
310
5,781
32
870
102
1,488
289

207
50
612
194
106
29
50
1,951

13, 225
2,271
10, 098
5,718
2,315
1,742
923
6,480

6, 654,270 8,310,996 1, 271,603

3,199

42, 772 21, 532,182

Total Western States

.

Total Pacific StatesTotal United States (exclusive of possessions)...
Alaska
Canal Zone (Panama)
Guam
The Territory of Hawaii
Puerto Rico
American Samoa
Total possessions
Total United States and
possessions

507, 651

34,240

378,325

4,194, 750

111,067

3,892

19,417

110
134
293
433
71
28
80
25
187

North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma
Washington
Oregon
California
Idaho
Utah
Nevada
Arizona

258,008
68,681
297,199
240, 780
104,575
65,345
114,832
122,183

1, 554,841 1,874,125
778,855
449.850
948, 591 1, 737, 288
949,587 1,230, 723
585,972
749,000
412,939
414,944
649.245
573,306
1,103, 245
952, 755

76,302
83,870
132, 211
284,189
89,267
26,176
136,376
35,692
106, 916

191,878
120,952
195,198
273,820
132,475
36,403
134,304
42,074
100,626

23,089
10,930
14, 789
72,490
10,239
3,111
7,110
3,254
24,474

9,423
1,976
2,882
3,317
8,014
716
1,805
167
1,618

15
94
471
331
244
59
272
45
66

3,803
3,713
5,636
11, 671
4,356
1,523
6,682
4,351
7,331

50,362
49,854
93, 281
209,322
72,950
29,929
81, 227
32, 223
85,507

477
876
1,271
3,031
700
610
1,642
841
1,346

3
36
33
32
13
8
143
24

23

1,361

970,999

3,695




355,540
272,395
446,162
859,036
318, 746
98, 578
371,689
118,985
328,645

4,659

3,169, 776

953
398
6,794 11, 244
67
261
115
225
512

522,966
219,466
4,123,132
131,170
342,388
44,805
161,328

7,025

5,545,255

375
2

1, 227, 730

169,486

29,918

1,597

49,066

704, 655

10, 794

292

486

194, 066
203,347
75,601
85,021
1, 479,086 1,473,066
43,286
47,852
114, 729
123,152
19,939
13,061
62,464
45,117

23,906
14, 781
209,928
5,698
19, 270
641
12,632

21,133
63
67,872
589
2,005
128
3,691

335
57
5,086
61
337
22
89

8,175
4,824
42,238
2,394
4,659
1,387
4,827

67, 387
36,728
793, 707
30, 436
76, 111
9,009
29,043

3,523
1,922
33, 640
771
1,680
498
2,376

68
51
146
8
52
5
281

67
20
325
8
132

330 1, 977.935 2,001,852

286,856

95,481

5,987

68,504

1, 042,421

44,410

611

623

427, 277 1, 423,133 18,156, 418

638, 756

19, 634

39,807

10,292
671
18
33,913

9
70

23

86
51
108
29
43
3
10

9,655 35, 291,015 36, 279, 423 4,021,384 3, 594, 566

15,313
3,785

118

2,669

8
11
1

13,609
1,066
2,361
101,358
167, 728
52

60,749
78,406
1,068

10, 805
26,971

2,179
16,920

1,013

35

286,174

159,321

37,894

21, 768

1,013

15

(0
(2)

9,690 35,577,189 36, 438, 744 4,059, 278 3,616,334

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

191
104
372
457
469
36
2,254
101
675

15

24
62

2,831
3,543
844
12,624
28,799
83

31,171
120

570
17
11
3,205
4,515
1

48, 724

76,185

428,290 1,471,857 18, 232, 603

71

4, 892,101
1, 694,339
4,049, 550
3,091, 643
1,836,002
1,135,092
1, 714,776
3,118,679

94
6

13, 550

172, 455 377, 786 100,441,654

184
31

65
160

3,806

8,319

238

225

3,806

647, 075

19,872

40,032

272
15,496
16,012
737
6,217
8

45,697
24,578
19, 246
226,832
364, 724
1,332

38, 742

682,409

176,261 416,528 101,124,063

TABLE N O . 38.—Assets and liabilities of all active banks other than national, Dec. 31, 1951 (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 CarolinaSouth Carolina..
Georgia
Florida
Alabama
Louisiana..
Texas
Arkansas..
Kentucky.
Tennessee.
Total Southern States




Bills payable, rediscounts, and
other liabilities for
borrowed
money

Demand
deposits

Time
deposits

Total
deposits

138,540
17,804
45,018
1,008,356

361,279
357,328
181,679
3,685,838
516,672
1,643,617

499,819
375,132
226,697
4, 784,194
881,011
2,355,156

~I,~420"

6,746,413

364,339

711,539

2,788

Acceptances executed by
or for account of reporting
banks and
outstanding

1
2,076
786
5

Other
liabilities

2,202
1,437
748
37,335
11,341
13,351

Capital
stock »

7.615
1,610
5,956
11,850
24,861

Surplus

Reserves
and retirement acUndivided count for
preferred
profits
stock and
capital
notes and
debentures

27,026
5,968
280,142
49,681
141,210

21,496
20,855
5,949
238,738
12,193
82,245

1,970
4,233
7,027
14,431
6,424
3,514

9,122,009

4,208

2,868

66,414

90,240

532,920

381,476

37,599

18,443,852
1,457,134
3,032,844
420,595
766,402
354,052

14,803,456 33,247,308
1,647,679 3,104,813
2,304,471 5,337,315
592,949
172,354
678,379 1,444,781
134,489
488,541

8,311

168,521

490
200
450
600

1,853
8
57

270,929
21,355
38,996
4,479
10,764
4,465

555,389
53,702
118,674
10,869
22,171
9,800

1,932,767
142,470
319,753
45,849
59,719
19,780

697,051
36,184
77,263
8,167
42,992

91,822
12,586
13,307
803
4,788
1,662

24,474,879

19,740,828 44,215,707

10,051

170,566

350,988

770,605

2,520,338

867,955

936,162
471,628
1,563,123
294,559
859,534
734,096
331,642
642,825
639,942
1,527,591
412,864
1,076,372
605,507

500
1,100
304

557,109
263,019
553,802
534,653
1,380,062
368,772
949,818
432,173

311,769
130,936
337,107
36,475
171,525
176,987
68,623
89,023
105,289
147,529
44,092
126,554
173,334

9,270
2,878
28,610
952
12,119
3,191
1,137
2,161
2.152
9,328
481
6,185
4,929

24,780
14,008
22,265
8,351
22,618
17,139
8,181
12,618
13,361
38,037
10,158
24,663
17,903

31,134
21,908
61,903
9,194
29,470
20,432
11,441
28,123
15,933
35,083
10,499
39,436
17,457

11,784
8,242
16,871
4,272
15,475
7,455
7,373
1,251
7,636
21,813
9,170
14,928
11,377

124,968
—
4,416
2,079
7,431
683
6,613
2,027
686
907
1,529
5,345
1,578
3,054
1,952

8,176,602

1,919,243

10,095,845

83,393 j

234,082

332,013

137,647

38,300

2,375,596

624,393
340,692
1,226,016
258,084

219
17

127

18
40
5
352

650

79
50
429

100
12

24
345

2,902

1,347

Ohio
India
Illinois
Michigan
Wisconsin
Minnesota
Iowa
' Missouri
,

.

2,661,389
1,071,780
2,589,760
1,481,208
922,065
498,474
1,191,169
2,395,380

-

Total Middle Western States
North Dakota.
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma

12,811,225

___-_

4, 553,053
1,582, 758
3,770,351
2,877,057
1,713,015
1,049,346
1,589,271
2,892,408

7,216,034 20,027,259

_

Total Pacific States..
Total United States (exclusive of possessions)

._

_

_

Total possessions
Total United States and possessions.

...

468, 486

2, 952, 098

183,925
129, 227
2,093, 555
92, 755
201, 515
29,679
118, 524

_
_

332, 760
253, 716
413, 403
797,968
302, 918
92,161
345, 360
112, 518
301, 294

298, 863
77, 261
1, 753,333
30,605
116, 595
12, 774
31,191
2,320, 622

5,169,802

238. 931
210, 673
373, 839
703,010
252, 365
76,081
267,903
96, 446
264,364

53,171, 094 38, 411, 626 91, 582 720,

155, 729
43,976
84,776
72,589
48,910
38,379
47,346
71,253

53,692
25,262
49,167
42,184
25,701
17,263
32,433
49,632

9,088
3,679
33,981
11,639
4,566
5,867
8,526
6,374

3,350

134,621

424,121

562,958

295,334

83,720

636
176
882
1,200
946
224
2,826
120
1,616

6,565
5,523
10, 942
17, 608
5,080
1,439
8,394
2,795
8,120

5,646
5,631
12,001
23,763
5,758
2,754
8,467
2,104
8, 4/5

6,568
6,221
7,175
16, 517
3,579
1,592
5,294
430
7,890

3,365
1.128
1,314
1,559
465
408
944
948
724

94

8,626

66,466

74, 599

55, 266

10, 855

2,666
1,064
31,863
609
1,627
380
1,121

7,180
4,009
84,296
2,867
7,^86
803
3,060

21,300
5,459
92,496
2,882
9,908
698
5.319

7,173
2,196
54,126
1,271
5,139
471
1,431

1,853
250
6,027
181
418

39,330

109,401

138,062

71,807

9,186

185, 892

683,372

1, 694, 915

4,160, 890

898~

840~

430
421

15

395

9
70

526
1,772

7,436

19, 752

_f

31, 848
22, 304
12,335
107, 422
177. 976
735

10, 593
2,271
6,674
96, 987
119, 789
450

42,441
24,575
19,009
204,409
297, 765
1,185

352, 620

236, 764

589,384

8,772

3,806

14, 215

39, 746

17, 255

53, 523, 714 38,648, 390 92,172,104

28, 524

189, 698

697,587

1, 734,661

4,178,145

i Includes capital notes and debentures. (See classification on pp. 160 and 161.)




87,317
30,915
67,802
66,311
39,841
21,531
35,126
75,278

225

6
819

32,445
7,659
42,715
21,669
3,663
2,677
2,024
21, 769

7,667

200

207
50
755
194
106
29
50
1,959

6

570
40
3

482, 788
206,488
3,846,888
123,360
318,110
42,453
149, 715

2, 849,180

Total Western States

93, 829
43,043
39, 564
94, 958
50,553
16,080
77, 457
16,072
36,930

2, 483, 612

_.
_

Washington
Oregon.._
California
Idaho
Utah.
-.-_
Nevada
Arizona.

Alaska
Canal Zone (Panama)
Guam
The Territory of Hawaii....
Puerto Rico...
American Samoa

1,891,664
510,978
1,180, 591
1,395,849
790,950
550,872
398,102
497,028

321
8,451

3,806

3
237
1,466
12,449
3

7,327
31, 471
50

7,951
8,399
65

1, 809, 485

457

304,628

911

550

2,885
1,521
29

2,473
862

5,346
1, 814, 831

3,885
308, 513

TABLE N O . 38.—Assets and liabilities of all active banks other than national, Dec. 31, 1951 {includes State commercial, mutual
savings, and private banks)—Continued

00

[In thousands of dollars]
Loans and discounts
Loans to
Commer- farmers
cial and directly
industrial guaranOther
loans (in- teed b y loans to
cluding the Com- farmers
modity
openCredit
market
Corpopaper)
ration

Location

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut...
Total New
States
New York.
New Jersey
Pennsylvania-.
Delaware
Maryland
District of Columbia

36,957
5,818

...

195, 735
81,985
100,441

147

18

2,892
368
6,176
1,821
971
3,672

England

Other
loans
for the
Loans to purpose
brokers
of purand
chasing
dealers
or carin securying
rities
stocks,
bonds,
and other
securities
120
10,734
2,025
700

Real-estate loans
Secured
Secured
Secured
by farm by residential
land (in- properties by other
cluding
proper(other
Improveties
than
ments)
farm)

1,132
21
1,473
14,267
763
4,919

95,643
3,232
151,491
1,462
12, 793
94,303
7,203 1,442, 287
2,031
187,636
6,109
556,826

13,066
5,595
12,767
245,718
30,766
52,334

32,830

2, 528,186

360,246

Other
loans to
individuals

22,084
7,937
10,726
146,648
39,865
91,569

430,634

_..

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




165

15,900

13,579

22,575

5,468,481
207,046
566,237
67, 739
72, 782
47,261

216
135
152
210
244

24,087
1,309
9,845
2,418
6,511
100

741,429
6,144
34, 759
2,675
374
1,759

231, 773
7,416
27,628
2,642
13,530
733

21,596 6, 372, 714 1,097, 522
570,349
81,191
2,049
591,327
111,823
14,003
10,376
6,439
70,451
38,695
164,004
11,947
15,966
65
46,148

6,429,546

957

44,270

787,140

283, 722

56,099

93,678
24,350
216,606
14,479
109, 955
53, 505
20,786
62,607
49,001
160,236
22,031
125,067
43,604

50

2,405
2,622
1,545
9,287
1,613
406
408

12,189
4,030
14,056
4,877
19,991
11,544
15,604
20, 978
10,895
95,950
20,653
28,246
23,073

1,145
57
3,446
25
1,374
367
83
1,154
193
422
239
736
64

1,027
6,082
12,383
1,276
5,825
3,413
1,691
5,918
981
7,379
845
7,473
1,684

14,662
7,008
20,026
4,604
18,322
6,835
10,004
13,909
9,178
9,496
7,953
37, 872
24,422

95, 753
50,851
57, 932
18,582
74, 952
47,160
21, 940
18, 551
30,656
43,280
16,855
58,099
50,931

20,225
14,981
33,832
3,043
18,176
16,077
5,559
9,584
15,608
19,013
6,111
24,397
13,824

126,210
43,203
171,921
21,821
86,656
62,257
30, 950
38,807
50,911
162, 764
24,326

995,905

30,968

9,305

55,977

184, 291

585,542

200,430

993,664

1,065
3,764
7,803

282,086

All
other
Loans loans (into
banks cluding
overdrafts)

665
*420"

318,829

1,097

873,622
182,336
444,054
41,136
104,957
52,706

79, 958

7,814, 993 1,355,573 1,698,811

Total
gross
loans

1,445
176,730
173,497
805
149,574
1,638
"13,525 2, 078,603
352,847
6,805
821,862
4,854
29,072

3, 753,113

Less
valuation
reserves

Net
loans

1,386
175,344
17
173,480
148,476
1,098
17, 527 2,061,076
348,532
4,315
813,129
8,733
33,076

3, 720,037

25

315,640 15, 227,038
10,478 1,068, 453
43,068 1,842,946
1,670
205, 756
11,179
424,223
174,489
9,726

287,945 14, 939,093
15, 510 1,052, 943
29,092 1,813,854
642
205,114
3,994
420, 229
1,013
173,476

80,033

391, 761 18,942, 905

338,196 18,604, 709
~
—
4,118
367, 544
1,676
151, 741
8,845
530,051
73,827
886
344, 201
3,541
205,191
1,635
108,671
1,412
174,323
2,551
171,405
2,808
509,677
3,636
102,357
894
384,136
4,206
239,941
2,950

50

93
~667'
"i66"

10
3
101

79,949
1,040

6,630
2,855
6,962
2,242
4, 522
5,668
1,061
2,744
5,245
5,476
2,622
12,056
4,932
63,015

371, 662
153,417
74, 713
347, 742
206,826
110,083
176,874
174,213
513,313
103, 251
388,342
242,891
3,402,223

39,158

3,363,065

Ohio
Indiana
Illinois . _
Michigan
Wisconsin
-- Minnesota
Iowa .
-«_
Missouri
Total Middle Western
States
North Dakota
South Dakota
_
Nebraska
Kansas
___ _
Montana
Wyoming
_ _
Colorado
New Mexico
Oklahoma
Total Western States_•__
Washington
Oregon
California
._
Idaho
Utah
Nevada
Arizona
Total Pacific States
Total United States
(exclusive of possessions)
Alaska
_.
Canal Zone (Panama).
Guam
The Territory of Hawaii
Puerto Rico
American Samoa
Total possessions
Total United States
and possessions

427,930
70,822
403,319
167, 958
132, 766
33,029
94,078
386, 544

1,166
2,403
2,439
1,756
590
8,822
10, 285
3,387

40,865
54,495
97,254
52,183
59,625
98,177
244,607
99,543

25, 947
48
24,309
361
478
2
524
3,039

60,144
3,377
10, 818
12,501
6,047
1,339
3,734
10,077

51,801
36,251
20,198
33,586
49,612
41,500
52,610
34,314

529,310
157,215
165,359
388,630
197,276
151,116
117,866
267,728

1, 716,446

54, 708

108,037

319,872

1,974, 500

30, 848

746, 749

3,103
5,023
13, 534
42, 979
14, 433
3,490
32,183
8,437
16, 028

34,500
13, 940
5,861
21, 497
19, 843
1,683
2,861
262
3,095

21, 204
43, 796
79, 358
117, 551
21. 827
9; 400
37,405
8,938
35, 029

139, 210

103, 542

26,108
15, 069
428. 570
12. I l l
29, 762
2,523
11, 568

4,909
746
384
3,115
918

525, 711

10, 072

51

78
214
874
1,074
595
81
1,849
350
825

2,045
2,682
5,675
12, 723
1,543
690
1,526
718
3,493

374, 508

459

5,940

31.095

7,171
5,102
34, 613
12.010
1$ 197
2,133
6,048

22
15
10,624
14
282

509
410
12. 394
194
218
2
34

4,609
2,522
24, 494
1,089
5,686
183
758

85, 274

10, 957

13, 761

39, 341

861, 963

10, 237, 452

176, 552 1, 548, 787

876,148

490, 012

7,673
950
1,172
24, 306
79, 054

14

63

14, 213

113,155

63

10, 350, 607




16
211
1
18C

7,876
9,617
9,992
37,212
15, 399
5,470
17, 201
5,352
8,189

84,309
24,352
34,345
61,929
52,055
26,229
28,694
56,407

28,175
4,004
39, 547
13,329
10,325
3,191
5,491
17,889

1, 576,098
455,481
959,259
959,224
594,730
417,660
654,221
1,114,387

21,257
5,631
10,668
9,637
8,758
4,721
4,976
11,142

1,103, 245

121, 951

6,731,060

76, 790

6,654,270

g

692
997
1,787
1,449
1,728
209
1,479
905
819

76,302
83,870
132,211
284,189
89,267
26,176
136,376
35, 692
106,916

H

8

136
342
1,193
2,388
927
64
560
380
1,093

76,994
84, 867
133, 998
285,638
90,995
26,385
137, 855
36, 597
107, 735

244

7,083

981,064

10,065

970,999

g

659
584
27,839
359
1,195
237
188

194, 966
76,260
1, 503, 926
48,320
124, 481
13,141
45,463

900
659
24,840
468
1,329
80
346

194,066
75,601
1, 479,086
47,852
123,152

13,061
45,117

H
W
O
£
£j

E2
*°

31, 061

2, 006, 557

28, 622

1, 977, 935

§

326,056
102, 514
161,631
226, 991
85,870
54, 214
96,268
235,459

395

368,320* 1,289,003

626

40
86
41
64

1,206
1,925
2,214
6,547
3,162
1,886
4,299
1,759
3,177

6,846
7,328
15, 281
43,228
13, 266
3,620
39, 783
10,401
36, 747

116, 308

26,175

176,500

104, 957
31, 891
660, 247
6,967
39, 861
3,637
14,403

28, 096
5, 310
109, 508
1,672
10,635
1,532
1,211

17, 926
14, 611
194, 688
10, 789
17, 727
2,884
11,253

157, 964

269, 878

575

663, 528 13, 881, 492 2, 468, 708 4, 746, 685

83,615

228
8

565
10

643, 943 35, 816, 922

525, 907

1, 554, 841
449,850
948,591
949, 587
585,972
412,939
649,245

630

11
27
14
93
5,220

13, 628
1,066
2 361
101, 414
168,325
52

47, 394

630

5,365

286, 846

672

666, 652 13, 956, 580 2, 483, 489 4, 794, 079

84, 245

3,732

1,770

6

12, 820
191

906
2,212

30
47,162
24,164

9
7,047
5,955

422
87
1 136
9,080
36, 617
52

14, 227

6

13, 013

3,124

75, 088

14, 781

176, 615 1, 563, 014

876,154

503,025

2

649,308" 36,103, 768

0
(^
H
hri
H
O

'*" fcri

35, 291, 015
13,609
19
1,066
2,361
56
101,358
167,728
597
52

6

^

gj

g
0
H
3
a
H
i^

286,174

K|

526, 579 35, 577,189
Ol
CO

TABLE NO. 38.—Assets and liabilities of all active banks other than national, Dec. 81, 1951 {includes State commercial, mutual savings, and
private banks)—Continued
[In thousands of dollars]
Capital
Capital
notes
Preand
ferred
deben- stock
tures

Location

Maine
New Hanpshire
Vermont _. _
Massachusetts
Rhode Island
Connecticut

125
.

1,944
859
50

Total New England
States
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia

2,978
34,107

._

155

Total Eastern States. 34,262
Virginia
West VirginiaNorth Carolina
South Carolina
Florida.. _
Alabama
Mississippi
Louisiana
Texas...
Arkansas
Kentucky
Tennessee

123
10
49

_ _ _.

10
10
95

._

Total
Southern
States




297

6,765
12,237
1,103
656
20,761
1,154

Individuals,
U.S.
Common partner- Governstock
ships, and ment
corporations
7,490
1,610
4,012
37,489
11,850
24,811

111,231
13,939
36,805
916,568
310,450
587,186

87,262

3,256
133
1,103
20,972
8,557
33,301

States
and
political
subdivisions

Banks
in
United
States

17,719
2,308
5,656
68,041
28,331
39,280

2,841
1,098
497
43,887
6,256
26,926

161,335

468
1,836
20

1,976,179

67,322

81,505

2,324

615,153
37,299
69,115
15,739
14,622
5,858

527,560 2,243,545
29,999
133,006
169,029
101,127
5,052
21,895
38,675
66,970
14,055
69

641,590
457
2,866

715,582 18,781,108

757,786

850,627 2,500,355

3
505
145

485,450
250,593
854,179
212,028
546,950
454,819
215,317
406,452
364,726
1,176,644
310, 759
697,601
355,742

10,582
19,232
25,232
6,610
15,210
5,790
5,540
5,132
5,074
12,712
3,349
23,369
7,365

54,111
47,606
91,369
28,632
74,386
79,780
38,750
94,014
115,566
125,238
38,350
74,226
56,505

64,029
13,514
235,098
9,649
46,444
10,765
2,041
44,847
44,302
45,192
14,223
147,841
9,804

3,579

230,206

6,331,260

145,197

918,533

687,749

243
9
1,106
197

IndividStates
Banks Certified
uals,
and
U . S . Postal
and
in
partnercashiers' ships, and Govern- savings political
foreign
checks,
ment
subdivicountries
corporaetc1
sions
tions

514,517 13,593,427
41,465 1,218,291
117,571 2,646,555
10,869
361,940
21,360
634,964
9,800
325,931

23,626
13,885
22,148
8*241
22,569
16,896
8,172
11, 502
13,154
37,942
10,155
24,158
17,758

117
100

Time deposits

Demand deposits

3,493
326
957
48,420
8,909
24,826

358,738
357,274
180,357
3,682,134
516,037
1,641,998

86,931

481

2,060
54
1,268
2,922
137
1,491

Banks
in
United
States

3
605
263
2

177
149
40
366

7,932

223

290

43,195
19,572
51,502
18,286
1,649
421

124,033
240
201

Banks
in
foreign
countries

51
86
86

6,736,538

1,354

1,235
397

822,577 14,482,949
38,082 1,627,561
44,152 2,252,191
153,198
15,969
673,522
9,936
107,799
7,742

9,069
306
287
370
2,885
10,269

646,545

938.458 19,297,220

23,186

308

134,625

124,779

160,710

10,050
9,747
12,791
1,165
4,992
5,«577
1,371
3,357
4,985
19,641
2,091
6,733
2,757

283,934
129,916
272,775
35,863
167,985
171,768
68,172
88,104
99,893
133,483
43,382
122,654
166,937

1,948
374
3,137
3
912
90
131
507
2,103
31
6
3,363
81

2,243
351
6,624
5
483
2,843
22
424
18
136
5
55

23,406
286
53,856
394
1,498
1,916
168
55
1,784
13,203
568
515
6,061

238
9
715
210
647
370
130
357
1,085
790

4

85,257

1,784,866

12,686

13,209

103,710

4,768

171
7,347
27
378
635
48

8,606

18

305

144,210
500
16,000

17
200
4

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
\rizona
Total Pacific States...
Total United States
(exclusive of possessions)
Alaska
Canal Zone (Panama)
Guam
The Territory of Hawaii
Puerto Rico
American SamoaTotal possessions
Total United States
and possessions

474

325

1,452
263
1,670
16

3,740
1,760

670

1,277
405

4,545

7,507

53
113
13

9

86,518
29,463
67, 539
62, 571
36,411
21 515
33,849
74,203

2, 240,811
872,021
2,181,388
1, 210, 213
801,125
419 423
998, 260
1, 750,967

99,231
22,665
66,458
33,463
20,440
8 185
21,850
45,076

144, 448
149,333
116,627
166, 212
51,024
58,149
133,929
182,015

125,885
14,832
188, 410
35,621
26,827
3 210
18,156
398, 282

3,207
59
3,581
712

317,368 1,001,737

811, 223

1,809, 284
508, 927
1,124, 618
1,378, 252
787,458
543 452
397,485
492,076

8
1,563
11
572
21
6
38
150

227
170
41
97
66
264
159
83

81,860
158
55,921
16,821
3,348
7,150
420
4,669

285
160

2, 231

47,807
12,870
33, 296
34,987
22, 649
9,507
18,974
16,809

9,790

107
57
50

7,041,552

2,369

1,107

170, 347

659

177,484
182,394
338,817
538 872
203,619
64,320
217 515
76, 619
220, 517

2,023
2,229
4,115
7 402
3,676
492
3,284
4,074
2,837

54, 725
23,538
26,611
142, 219
26,678
9,532
21, 481
14,392
33, 778

3,349
1,190
1,818
9 607
15 743
945
21 517
458
3,133

1,350
1,322
2,478
4,910
2,649
792
4,106
903
4,099

46, 271
41,330
39, 536
94,612
50,180
16,075
72,122
13,998
36,665

28
11

1
7
5
23
4
5

47, 529
1,695
23
307
30/

5

36
5
179

196,899

6,503
5,410
10, 909
17 555
5,055
1,196
8,394
2,759
8,115

450
1,733
2

331
15

4,885
10
148

100

391

65,896

2,020,157

30,132

352,954

57,760

22,609

410, 789

2,297

391

54,904

105

7,124
3 970
77,070
2,867
6,998
803
3,060

154,835
111 091
1,747,814
72,103
143,117
23,013
88,125

2,581
2 202
46, 938
753
2,412
398
1,778

20,091
13,092
84,895
15, 465
33,907
5,342
26,363

3,145
925
152. 593
3,217
19, 739
45
119

836
24
17, 929

298, 725
75,001
1,639,391
30,554
116,123
12,774
31,176

10

6

2,735

13

100
755
2,693

14

10

22
1,505
108,186
51
428

137

2,437
1,893
43, 386
1,217
2,339
881
2,002

2,340,098

57,062

199,155

179, 783

18,927

54,155

2, 203, 744

2,759

44

110,192

3,568

315

686,192 1, 384, 309 37,474, 709

44,651

15, 425

581, 710

134,102

161,029

10 495
2,271
5,671
95,004
57,626
450

2

16

80

11
125

591
2,036

1,003
1,381
60,002

171, 517

138

2,643

62,466

686,601 1,399,834 37,646, 226

44,789

18,068

644,176

134,102

161,029

20
53
25
243

56
39
7,226
78

110

173

7,336

39, 456

412,069 10,474, 208

101,892

42, 552 1,612, 907 41, 923,010 1,374,867 3, 484,341 4,318,375
898

1

7,327
31, 471
50

4,279
14,846
25, 957

1,231
11,956

245
10
28

276
71
280
1,209
13,685
4

39, 746
39,456

21 892
8,237
4 214
79,220
112, 770
439

4 299
13,865
3 562
10,671
13, 598
264

226,772

46,259

49, 357

14,298

409

15, 525

4 275

1 106
5

42, 552 1,652,653 42,149, 782 1, 421,126 3,533,698 4,332,673

126

16
57

15

* Includes dividend checks, letters of credit and travelers' checks sold for cash, and amounts due to reserve agents (transit account).




315

20

TABLE N O . 39.—Assets and liabilities of active State commercial banks, Dec. 31, 1951
to

ASSETS
[In thousands of dollars]

U.S.

Number of
banks

Location

Loans
Governand disment
counts,
obligaincluding
tions,
overdirect
drafts
and guaranteed

Maine
.
New Hampshire
Vermont
Massachusetts...
Rhode Island
Connecticut

105,034
37,612
77,409
479,973
224,362
323,182

Total New England
States

9,478
2,748
8,088
53,695
15,592
65,723

6,296
5,030
4,441
48,907
12,922
16,293

1,298
3,540
725
3,398
4,783
4,521

9,407
1,341
2,768
37,081
16,169
28,611

45,532
7,591
19,410
295,624
100,612
219,168

2,752
456
846
14,201
8,279
11,987

127
101
74
32
12
234

155
139
1,081
250
56

1
2,074

221 1,247,572

1,400,968

155,324

18,265

95,377

687,937

38, 521

580

1,681

6, 752, 706
1,052,083
1, 546,649
199,040
470,176
190,674

743,321
201,493
257,000
21,810
42,189
8,209

264,305
58,867
197, 513
10, 725
26,218
13,149

70, 978
11,221

6,227,905
415,674

3,928
3,077
921

201,472
58,935
96, 706
9,701
30,429
12,763

120,069
208,458
120,214

139,081
30,011
40,849
3,573
10,949
8,871

508
263
4,155
55
149
184

3,602
212
8,345
656
26
1,200

138,080
127
1,843
8
57

...

111"".'.."./.

Arkansas
Kentucky
Tennessee
Total Southern States




Other
assets

937
81
185
4,364
1,976
1,095

570,777

118,968

410,006

7,989,304

233,334

5,314

14,041

182
107
179
124
300
145
156
178
130
455
178
290
224

367,544
151,741
530,051
73,827
341, 747
205,191
108,671
174,323
171,405
496,250
102,357
384,136
239,941

334,026
209,045
506,950
105, 508
282,806
348,268
119,960
220,007
190, 762
456,952
164,440
394,885
185,103

36,163
25,198
140,925
28,492
29,501
42,181
23,655
95,372
83,606
83,509
27,485
20,458
44,841

14,510
5,498
65,485
8,028
3,513
4,098
2,238
4,815
3,179
19, 718
3,703
19,199
4,275

1,118
1,273
1,800
203
1,301
297
282
345
682
2,398
171
940
1,457

27,631
15,490
49,606
11,490
26,557
23,816
12,024
21, 794
22,318
38, 752
11,013
24,307
18,028

224,256
107,323
386,867
88,432
242,336
149,626
89,434
165, 718
204,274
469, 747
132,760
314,364
157,882

9,684
3,541
10,867
1,574

1,3
630
317

7,911
2,465
5,413
3,108
15,978
2,493
5,063
6,185

136
160
119
73
295
817
112
224
26
1,352
19
79
386

2,648

3,347,184

3,518,712

681,386

158,259

12,267

2,733,019

82,668

302,826

350
125
147
2
411
174
10
3,559

Total

279,738
99,824
151,944
1, 516,568
659,286
1,044,255
3,751,615

2,863

8,459,969
792,443
1,557,518
186,119
325, 710
173,476

244
116
333
25
101
10

Total Eastern States

Texas

Other
bonds,
notes,
and
debentures

829 11,495,235 10,211,328 1,274,022

New York
New Jersey
Pennsylvania
Delaware
Maryland.
District of Columbia
Virginia.
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana

98,722
41,324
37,858
576,138
273,546
373,380

Obligations of
States
and
political
subdivisions

Investments
Balances
and
with
other
CusCorporate
other
Real
tomers'
stocks,
Bank
banks inestate
liability
indiincludcluding
Curowned
owned,
onacrectly
ing
reserve
other
rency
furniceptreprestocks of and coin balances
than
ture and
senting
Federal
and cash fixtures
bank
bank
outReserve
items in
premises premises standing
banks
process of
or other
collection
real
estate

82,467
8,827
13,826
1,512
5,599
1,485

23,084,394
2,630,156
4,650,231
557,196
1,123,037
531,146

140,115 113,716 32,576,160

18
40
5
352

1,594
1,944
7,520

384
2,924
2,027
1,472
522
79
782
50
1,576
429
309
1,298
24
1,029
345
1,347 23,381

=====
1,018,051
521,843
1,700,525
318,051
939,721
784,709
360,460
688,614
680,603
1,586,835
444,750
1,164,762
659,482
10,868,406

Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri

.._

Total Middle Western
States
North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma
Total Western States
Washington
Oregon
California
Idaho
Utah
Nevada
Arizona
Total Pacific States
Total United States (exclusive of possessions). -.
Alaska
Canal Zone (Panama)
Guam
The Territory of Hawaii
Puerto Rico
American Samoa
Total possessions
Total United States and

413
349
509
349
458
502
557
520

144,913
23,372
113,746
50,417
31,429
28,206
17,073
49,083

5,129
1,041
6,464
3,188
859
123
651
16,623

93, 769
37,426
45,882
64,210
34,225
18,517
30,536
45,752

868,513
312,994
869,022
518,474
314,430
152,505
317,860
802,225

24,794
8,498
14,690
25,685
9,754
5,161
6,352
15,243

119
37
177
347
91
63
19
2,850

10,545
310
5,781
32
870
102
1,488
289

207
50
612
194
106
29
50
1,951

12,389 4,613,301
2,262 1,629,534
10,098 4,049,550
5,715 3,083,399
2,309 1,819,883
1,711
945,541
923 1,703,371
6,480 3,118,679

8,110,602 1,253,114

3,199

41,887 20,963,258

3,657

6,402,502

458,239

34,078

370,317

4,156,023

110,177

3,703

19, 417

110
134
293
433
71
28
80
25
187

76,302
83,870
132,211
284,189
89,267
26,176
136,376
35,692
106,916

191,878
120,952
195,198
273,820
132,475
36,403
134,304
42,074
100,626

23,089
10,930
14,789
72,490
10,239
3,111
7,110
3,254
24,474

9,423
1,976
2,882
3,317
8,014
716
1,805
167
1,618

15
94
471
331
244
59
272
45
66

3,803
3,713
5,636
11,671
4,356
1,523
6,682
4,351
7,331

50,362
49,854
93,281
209,322
72,950
29,929
81,227
32,223
85,507

477
876
1,271
3,031
700
610
1,642
841
1,346

3
36
33
32
13
8
143
24

23

1,361

970,999

1,227, 730

169,486

29,918

1,597

49,066

704,655

10, 794

292

486

94

82
50
108
29
43
3
10

95,903
62,688
1,479,086
47,852
123,152
13,061
45,117

102,364
79,067
1,473,066
43,286
114,729
19,939
62,464

22,168
14,764
209,928
5,698
19,270
641
12,632

2,796
63
67,872
589
2,005
128
3,691

210
57
5,086
61
337
22
89

7,070
4,651
42,238
2,394
4,659
1,387
4,827

59,599
35,565
793,707
30,436
76, 111
9,009
29,043

2,718
1,892
33,640
771
1,680
498
2,376

68
51
146
8
52
5
281

67
20
325
8
132

6

325

1,866,859

1,894,915

285,101

77,144

5,862

67,226

1,033,470

43,575

611

623

191,037 1, 294,818 17,304,408

39,807

9,041 25,330,351 26,364,255 3,818,433 1,388, 226

519,069

14,298

2,782
3,543
844
12,624
28,799
83

9,980
671
18
33,913
31,171
120

561
17
11
3,205
4,515
1

48, 675

75,873

8,310

192,050 1,343,493 17,380,281

527,379

13,164
1,066
2,361
101,358
167,728
52

15,002
3,785

118

2,524

60,749
78,406
1,068

10,805
26,971

2,179
16,920

1,013

34

285,729

159,010

37,894

21,623

1,013

9,075 25,616,080 26,523,265 3,856,327 1,409, 849

191
104
372
457
469
36
2,254
101
675

355, 540
272,395
446,162
859,036
318,746
98,578
371,689
118,985
328,645

4,659

3,169,776

325
325
6,794 11,244
67
261
115
512
225

293, 294
199,143
4,123,132
131,170
342,388
44,805
161,328

7,025

5,295,260

15
375
2
24
62

71

9
70

184
31

65
160

3,806

237

225

3,806

14, 535

40,032

12,849

154,643 205,130 76,624,475

22

14
(2)
(3)
8
11
1

1
Includes stock savings banks.
2
4 branches of 2 American national banks.
: 2 branches of an American national bank.




256,329
67,700
297,199
240,547
103,659
51,049
114,448
122,183

1,418,745 1, 777,849
749,207
426,637
948,591 1,737,288
945, 797 1,228,793
740,591
581, 560
355,030
333,045
569,089
644,882
952,755
1,103,245

272
15,496
16,012
737
6,217
8

44,425
24,578
19,246
226,832
364,724
1,332

38,742

681,137

158,449 243,872 77,305,612

OS
00

TABLE NO. 39.—Assets and liabilities of active State commercial banks, Dec. 31, 1951—Continued
LIABILITIES
[In thousands of dollars]

Time
deposits

Acceptances
executed
by or for
account of
reporting
banks
and outstanding

1
2,076
786
5

Location

Maine
_
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut-.

Demand
deposits

_

138,354
17,804
44,358
1, 097, 974
364.222
709,566

117, 205
71,022
92,299
274,288
235,783
252,181

136,657
1,372,262
600,005
961. 747

2,715

2,372, 278

1,042, 778

3,415, 056

Total New England States

255, 559

"420

Other
liabilities

1,533
415
402
14. 719
8,555
7,479

Capital
stock i

7,615
1,6105,956
38,348
11,850

Surplus

7,470
4,917
4,600
47,686
23,416
34,666

Reserves
and retirement
Undivided account for
preferred
profits
stock and
capital
notes and
debentures
5,878
3,648
3,251
24,741
8,400
12,420

1,683
408
1,077
14,021
6,274
2,682

.

,

Total Southern States




2,868

33,103

90,215

122,755

58,338

26,145

2, 610,808 20,841,185
994,411 2,441, 732
1,155, 910 4,179, 921
82, 558
503,153
272,828
1,034,377
134,489
488,541

6,045

149,542
127
1,853
8
57

200,310
17,123
35,653
4,322
8,532
4,465

552,539
53,702
118,674
10, 869
22,171
9,800

947,843
71,146
230,149
29,982
39,884
19, 780

362,440
36,000
71,638
8,015
13,228
6,298

24,490
10,326
11,853
647
4,788
1,662

24, 237, 905

Total Eastern States

3,135

18, 230,377
1, 447,321
3,024,011
420,595
761,549
354,052

New York
New Jersey
Pennsylvania—
Delaware
Maryland
District of Columbia
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas...
Kentucky
Tennessee

Total
deposits

Bills
payable,
rediscounts,
and other
liabilities
for
borrowed
money

5, 251, 004 29, 488, 909

7,335

151,587

270,405

767, 755

1,338, 784

497, 619

53,766

9,270
2,878
28,610
952
12,089
3.191
1,137
2,161
2,152
9,300
481
6,185

24,780
14, 008
22,265
8,351
22,370
17,139
8,181
12, 618
13,361
36, 826
10,158
24,663
17,903

31,134
21,908
61,903
9,194
28.886
20,432
11, 441
28,123
15,933
32, 505
10,499
39, 436
17, 457

11,784
8,242
16, 871
4,272
15,370
7,455
7,373
1,251
7,636
21,604
9,170
14,928
11,377

4,416
2,079
7,431
683
6,519
2.027
686
907
1,529
5,036
1,578
3,054
1,952

83,335

232,623

328,851

137,333

37,897

624,393
340, 692
1, 226,016
258, 084
682,830
557,109
263,019
553,802
534,653
1,336,361
368, 772
949, 818
432,173
8,127, 722

311,769
130, 936
337,107
36, 475
171,433
176,987
68,623

490
200
600

936,162
471, 628
1.563,123
294,559
854,263
734,096
331,642
642,825
639,942
1, 481,135
412,864
1,076,372
605,507

500
1,100
304

100
12

24
345

1,916,396 10,044,118

2,902

1,347

105, 289
144, 774
44, 092
126, 554
173,334

219
17

650

18
40
5
352
79

50
429

Ohio
Indiana
•Illinois
Michigan...
Wisconsin..
Minnesota..
Iowa...--.Missouri...
Total Middle Western States.
North Dakota..
South Dakota..
Nebraska
_.
Kansas
Montana
Wyoming
Colorado
New Mexico....
Oklahoma

2, 657, 093
1,056,203
2,589, 760
1,477,898
922,041
498,270
1,181,961
2,395,380
12, 778, 606

1,639, 791
467, 325
1,180, 591
1,391,420
776,151
376, 374
396, 384
497.028

4, 296, 884
1, 523,528
3, 770,351
2, 869.318
1, 698,192
874,644
1,578,345
2,892,408

570
40
3

6

207
50
755
194
106
29
50
1,959

29,717
7,615
42,715
21, 657
3,643
2,459
2,024
21, 769

87,172
30, 679
67,802
66,197
39, 841
21, £31
34, 931
75, 278

138, 644
39,941
84, 776
72,405
47/788
24,379
47, 209
71, 253

53,109
24, 781
49,167
41,999
25,551
16,632
32,312
49,632

6,998
2,900
33,981
11.629
4,562
5,867
8,500
6,374

6, 725, 064 19,503, 670

819

3,350

131,569

423, 431

526,395

293,183

80,811

636
176
882
1,200
946
224
2,826
120
1,616

6,565
5,523
10,942
17,608
5,080
1,439
8,394
2,795
8,120

5, 646
5,631
12,C01
23, 763
5,758
2,754
8,467
2,104
8,475

6,568
6,221
7,175
16,517
3,579
1,592
5,294
430
7,890

3,365
1,128
1,314
1,559
465
408
944
948
724

94

8,626

66,466

74,599

55, 266

10,855

6

7,180
4,009
84,296
2,867
7,186
803
3,060

7.990
4. 947
92,496
2,882
9,908
698
5? 319

3,917
1,879
54,126
1,271
5,139
471
1,431

603
250
6,027
181
418

225

1,160
915
31,863
609
1,627
380
1,121

7,667

37,675

109,401

124,240

68, 234

7,936

166,913

564,743

1,689,891

1,109,973

217,410

57
3
237
1,466
12,449
3

873

815

863

539

7,327
31,471
50

7,951
8,399
65

2,885
1,521
29

2,473
862

39, 721

17, 230

5,298

3,874

1, 729, 612 2,532, 854

1,115,271

221,284

200

Total Pacific States
Total United States (exclusive of possessions) _
Alaska
Canal Zone (Pans ma)
The Territory of Hawaii.
Guam.
Puerto Rico
American Samoa
Total possessions.

1

93,829
43,043
39,564
94,958
50,553
16,080
77, 457
16,072
36,930

332, 760
253,716
413,403
797,968
302,918
92,161
345,360
112,518
301,294

526

2,483, 612

468, 486

2,952,098

1,772

183,891
129,221
2,093,555
92, 755
201,515
29,679
118, 524

88, f 47
57,922
1, 753,333
30,605
116,595
12, 774
31,191

272,438
187,143
3,846,888
123,360
318,110
42,453
149,715

2,849,140

2,090,967

4,940,107

52,849,263

17,494,695

70,343,958

30, 728
22,304
12,335
107, 422
177,976
735

10,550
2,271
6,674
96,987
119,789
450

41,278
24, 575
19,009
204,409
297, 765
1,185

351,500

236, 721

588,221

8,772

3,806

14, 215

53, 200, 763 17, 731,416 70,932,179

Total Western States..
Washington.
Oregon
California...
Idaho
Utah
Nevada
Arizona

238,931
210,673
373,839
703,010
252,365
76,081
267,903
96,446
264,364

24,735

170, 719

578,958

Includes capital notes and debentures. (See classification on pp. 168 and 169.)




420
421

15

395

9
70

7,436

15,963

321
8,451

3,806

2, 515,624

457

TABLE NO. 39.—Assets and liabilities of active State commercial banks, Dec. SI, 1951—Continued
[In thousands of dollars]
:Loans and discounts
Commercial
and
industrial
loans
(including
openmarket
paper)

Location

New York
New Jersey -_ __. "Pennsylvania
Delaware
Maryland
District of Columbia

England

147

18

2,871
295
4,963
1,821
971
3,665

Other
Real-estate loans
loans for
the purLoans to pose of Secured Secured
by
brokers purchasby
resiing or
Secured
and
farm
dential
by
dealers carrying
land
propstocks, (includother
in
erties
propsecurities bonds
ing
(other
and
erties
imthan
other
provefarm)
securities ments)
120
10,734
2,025
700

1,097
21
955
13,290
225
4,345

3,081
1,462
7,218
1,067
1,868
2,678

29,063
22,916
37, 899
86, 422
74, 771
108,101

11,952
5,595
7,971
42,304
25, 779
16,806

All
other
Other
loans
loans to Loans
individ- to banks (including
uals
overdrafts)

20, 669
3,270
8,613
123,332
33,845
86, 034

12
665
420

_-

Total Southern States.-




165

14, 586

13,579

19,933

17,374

359,172

110, 407

275, 763

1,097

216
135
152
210
244

24,080
1,309
9,793
2,418
6,511
100

733,661
6,144
34, 759
2,675
374
1,759

224,049
7,404
27,628
2,642
13, 530
733

13,829
1,994
13,359
6,078
10, 982
65

760, 224
334,327
359, 924
52,071
93, 614
46,148

163, 719
56, 401
90,387
10,152
26, 411
15, 966

853,868
181, 295
442, 237
41,106
95,810
52, 706

79, 958

6, 383,854

._

425,291
5,426,170
207,046
564,821
67, 739
70,817
47,261

Total Eastern States
Virginia
West Virginia
North Carolina
South Carolina _
Georgia _
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tenne-ssee

Other
loans
to
farmers

36,072
3,776
8,912
195, 591
80,943
99,997

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

Loans to
farmers
directly
guaranteed
by the
Commodity
Credit
Corporation

957

44,211

779,372

275,986

46,307 1,646,308

363,036 1,667, 022

93,678
24,350
216,606
14,479
109, 556
53, 505
20,786
62,607
49,001
156,489
22,031
125,067
43,604

50

2,405
2,622
1,545
9,269
1,613
406
408

12,189
4,030
14,056
4,877
19, 565
11,544
15,604
20, 978
10,895
93,369
20,653
28,246
23,073

1,145
57
3,446
25
1,374
367
83
1,154
193
368
239
736
64

1,027
6,082
12,383
1,276
5,825
3,413
1,691
5,918
981
7,379
845
7,473
1,684

14, 662
7,008
20,026
4,604
18,079
6,835
10,004
13,909
9,178
9,201
7,953
37,872
24,422

95, 753
50,851
57,932
18, 582
74,348
47,160
21,940
18, 551
30,656
42,039
16,855
58,099
50,931

20, 225
14, 981
33, 832
3,043
18,059
16, 077
5,559
9,584
15, 608
18, 650
6,111
24,397
13,824

126, 210
43,203
171,921
21, 821
86,026
62, 257
30,950
38, 807
50,911
157, 900
24,326
93, 889
79,949

30,950

279,079

9,251

55,977

183,753

583,697

199,950

988,170

991, 759

1,065
3,764
7,803

Total
gross
loans

1,318
294
1,638
11, 727
6,805
4,763

106,402
37,629
78,169
486,953
227, 232
327, 527

26,545

1, 263,912

Less
valuation
reserves

Net
loans

1,368
17
• 760
6,980
2,870
4,345

105,034
37, 612
77, 409
479,973
224,362
323,182

16,340

1, 247, 572

25

309, 413 8, 589,187
10, 451
806, 506
42,963 1, 586, 073
1,670
186, 761
11,101
329,394
9,726
174, 489

129, 218 8, 459, 969
792, 443
14,063
28,555 1, 557, 518
186,119
642
325, 710
3,684
173, 476
1,013

80, 033

385,324 11, 672, 410

177,175 11,495, 235

50

93
667
166

10
3
101
1,040

371, 662
153,417
538,896
74, 713
345, 288
206,826
110,083
176,874
174,213
499,886
103, 251
388,342
242,891

4,118
1,676
8,845
886
3,541
1,635
1,412
2,551
2,808
3,636
894
4,206
2,950

367, 544
151, 741
530,051
73,827
341, 747
205,191
108,671
174,323
171,405
496,250
102,357
384,136
239, 941

62, 716 3*, 386,342

39,158

3,347,184

6,630
2,855
6,962
2,242
4,487
5,668
1,061
2,744
5,245
5,212
2,622
12, 056
4,932

Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri

407,978
69,061
403,319
167,503
132, 766
33,029
93,872
386, 544

__

Total Middle Western
States
North Dakota
South Dakota _
Nebraska
Kansas
Montana
Wyoming.
Colorado
New Mexico
Oklahoma

60,131
3,287
10,818
12,501
6,047
1,339
3,734
10,077

54,708

107, 934

__ _

__

Total Pacific States.

_

1, 694,072

30, 747

744,399

34,500
13,940
5,861
21,497
19,843
1,683
2,861
262
3,095

21, 204
43, 796
79,358
117,551
21, 827
9,400
37,405
8,938
35,029

139, 210

103,542

26,108
15,069
428, 570
12, 111
29, 762
2,523
11,568

__

4,909
746
384
3,115
918

525, 711

10,072

Total United States (exclusive of possessions). 10,159, 897
Alaska
Canal Zone (Panama)
Guam
The Territory of Hawaii
Puerto Rico .
__
American Samoa

25,947
48
24,309
361
478
2
524
3,039

3,103
5,023
13,534
42, 979
14, 433
3,490
32,183
8,437
16,028

Total Western States - _ _
Washington
Oregon
California.
Idaho _
Utah
Nevada
Arizona

40, 679
1,166
53,832
2,353
97,254
2,439
1,756 . 51,690
59, 625
590
98,177
8,822
243, 599
10, 234
99,543
3,387

_ _

Total possessions




436, 043
141, 522
165,359
387,379
193,305
91, 501
117, 522
267, 728

297,493 1, 800,359

83,928
22, 799
34,345
61, 588
51, 693
17, 955
28, 632
56,407

24,909
4,002
39, 547
13, 291
10,325
3,191
4,882
17,889

1,439,170
432, 236
959, 259
955,434
590,318
334,974
649, 858
1,114,387

20,425
5,599
10,668
9,637
8,758
1,929
4,976
11,142

1. 418, 745
426,637
948, 591
945, 797
581, 560
333,045
644,882
1,103, 245

118,036

6,475, 636

73,134

6,402, 502

8

136
342
1,193
2,388
927
64
560
380
1,093

76,994
84,867
133,998
285, 638
90,995
26,385
137, 855
36, 597
107, 735

692
997
1,787
1,449
1,728
209
1,479
905
819

76,302
83,870
132, 211
284,189
89, 267
26,176
136,376
35, 692
106,916

244

7,083

981,064

10, 065

970, 999

659
584
27,839
359
1,195
237
188

96,786
63,347
1, 503, 926
48,320
124,481
13,141
45,463

883
659
24,840
468
1,329
80
346

95,903
62,688
1,479,086
47,852
123,152
13,061
45,117

31,061

1,895,464

28,605

1,866, 859

310, 698
101, 590
161,631
226,082
85, 836
54,116
94, 503
235, 459

395

357,347 1, 269, 915

626

40
86
41
64

51

78
214
874
1,074
595
81
1,849
350
825

2,045
2,682
5,675
12, 723
1,543
690
1,526
718
3,493

7,876
9,617
9,992
37, 212
15,399
5,470
17, 201
5,352
8,189

1,206
1,925
2,214
6,547
3,162
1,886
4,299
1,759
3,177

6,846
7,328
15, 281
43, 228
13, 266
3,620
39,783
10,401
36, 747

374,508

459

5,940

31,095

116,308

26,175

176, 500

7,171
5,102
34, 613
12,010
18,197
2,133
6,048

22
15
10,624
14
282

509
410
12,394
194
218
2
34

4,261
2,522
24,494
1,089
5,686
183
758

27, 578
20,448
660,247
6,967
39, 861
3,637
14, 403

8,079
3,872
109, 508
1,672
10, 635
1,532
1,211

17,490
14, 579
194,688
10, 789
17, 727
2,884
11,253

85, 274

10,957

13, 761

38, 993

773,141

136, 509

269, 410

575

176, 433 1, 542,057

868,326

479, 531

615,015 5, 278, 985 1,193,424 4, 646, 780

83, 615

16
211
1
180

14

6

3,569

1,693

12, 820
191

906
2,212

30
47,162
24,164

9
7,047
5,955

6

13,013

3,124

74, 925

14, 704

868,332

492, 544

7 476
950
1,172
24,306
79,054

63

14, 213

6

112, 958

63

14, 227

176, 496 1. 556, 284

Total United States and
possessions
10, 272, 855

47,296
33,742
20,198
33,283
49,567
26,801
52,292
34,314

8

565
10

630, 765 25, 674, 828

630

3
27
14
93
5,220

13,183
1,066
2,361
101,414
168,325
52

47,394

630

5,357

286,401

, 208,128 4, 694,174

84,245

2

618,139 5,353, 910

422
87
1,136
9,080
36, 617
52

228

636,122 25, 961, 229

344,477 25,330,351
19
56
597
672

13,164
1,066
2.361
101,358
167, 728
52
285, 729

345,149 25, 616,080

TABLE NO. 39.—Assets and liabilities of active State commercial banks, Dec. 81, 1951—Continued
00

[In thousands of dollars]
Demand deposits

Capital

IndividStates
Capital
uals, part- U.S.
and
notes Preand
ferred Common nerships, Govern- political
stock
ment subdiviand cordeben- stock
sions
tures
porations

Location

MaineNew Hampshire .
Vermont
Massachusetts...
Bhode Island
Connecticut
Total NewStates

125
1,944
859
50

England

New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia..
Total Eastern States
Virginia
West Virginia...
North Carolina.
South Carolina..
Georgia.
Florida
Alabama
Mississippi
Louisiana
Texas..
Arkansas
Kentucky
Tennessee
Total Southern States....




2,978
34.107

155
34,262

6,765
12, 237
1,103
656
20,761

7,490
1,610
4,012
37,489
11,850
24, 786

111, 231
13,939
36,252
916, 568
310, 450
585, 829

3,131
133
1,071
20,590
8,531
33,109

87,237

1, 974, 269

66,565

297

161, 247

1,836
20
2,324
612,821
457
2,866

712, 732 18, 606, 332

849,190 2, 485, 740

617, 776

228, 747

755, 576
10,582
19, 232
25, 232
6,610
15, 210
5,790
5,540
5,132
5,074
12,490
3,349
23,369
7,365

6, 285, 920

54,111
47,606
91,369
28,632
74,386
79,780
38,750
94,014
115, 566
122, 630
38,350
74,226
56,505

64,029
13, 514
235,098
9,649
46, 444
10,765
2,041
44,847
44,302
44,926
14,223
147, 841

144, 975

915,925

687,483

86,368

1, 034, 480

1,348

1,235
397

171
7,347
27
378

635

9,804
8,606

States Banks Banks
in
and
in foreign
Postal political
subdivi- United counStates tries

475

48,420
8,836
24,402

115,227
70,968
91,442
270, 584
235,174
251,085

3.432
326
952

81,505

3,579

243
9
1,106
197

2,841
1,098
497
43,887
6,256
26, 926

527, 257 2, 228,930
29,999
132, 448
100, 551 169,029
5,052
21, 895
38, 675
66,970
14, 055
69

3
505
145

117
100

17, 719
2,308
5,586
68,041
28,313
39,280

IndividBanks Certified uals, part- U.S.
and
in
Govforeign cashiers' nerships, ernand corcountries checks, porations ment
etc.*

511, 667 13, 436,352 613, 261
41, 465 1, 209, 530 37, 235
117, 571 2, 638, 713
361, 940
15, 739
10, 869
633,866
14, 591
21,360
325, 931
5,858
9,800

23, 626
13,885
22,148
8,241
22, 321
16,896
8,172
11,502
13,154
36, 731
10,155
24,158
17,758

1,154
123

Banks
in
United
States

Time deposits

3
605
263
2

811, 756 2, 290, 561 9,014
306
978, 824
37, 652
287
43,960 1,103, 966
370
63,514
15,969
6,212
268,271 2,885
7,742
107, 799 10,269

177
149
40
366

290

"is'

923, 291 4,812,935

23,131

283,934
129, 916
272, 775
35,863
167, 893
171, 768
68,172
88,104
99,893
130, 972
43,382
122, 654
166, 937

1,948
374
3,137
3
912
90
131
507
2,103
31
6
3,363
81

2,243
351
6,624
5
483
2,843
22

1, 782, 263 12,686

10,050
9,747
12, 791
1,165
4,975
5,577
1,371
3,357
4,985
19, 214
2,091
6,733
2,757
84, 813

1,503
54
823
2.922
111
1,054
6,467

31

117

43,093 123, 930 144,210
80
15,201
51,166
201
18,174
500
1,649
421

I6~666

129, 704 124, 216 160, 710

424
18
136
5
55

23,406
286
53,856
394
1,498
1,916
168
55
1,784
12,959
568
515
6,061

238
9
715
210
647
370
130
357
1,085
790

13,209

103,466

4, 768

17
200

Ohio

.

Indiana... ._
_
Illinois
Michigan.
._
Wisconsin
Minnesota
Iowa
Missouri
Total Middle Western
States
North Dakota
South Dakota
Nebraska
Kansas __
Montana
Wyoming ._
Colorado
New Mexico
Oklahoma.
Total Western States- ._
Washington ..
_ _
Oregon
California.
Idaho
Utah
Nevada
Arizona
._
Total Pacific States
Total United States (exclusive of possessions). _
Alaska
Canal Zone (Panama)
Guam
The Territory of Hawaii
Puerto Rico
American Samoa
_
Total possessions
Total United States and
possessions

474
1,452
263
1,670
16

325
3.740
1,760

670

1,277
405

4,545

7.507

86,373
29,227
67,539
62, 457
36, 411
21, 515
33, 654
74,203

2, 237, 819
859, 393
2,181,388
1, 207, 352
801,106
419,423
989, 619
1, 750, 967

99,224
22,623
66,458
33,463
20,435
8,185
21,850
45, 076

144,258
147,263
116, 627
165, 786
51,024
58,149
133, 363
182,015

125,885
14, 274
188, 410
35, 621
26,827
3,210
18,156
398, 282

3,207
59
3,581
712

411,379 10, 447, 067

317, 314

998, 485

810, 665

1, 558, 994
465,274
1,124, 618
1,373, 823
772, 662
368, 954
395, 767
492, 076

8
1,563
11
572
21
6
38
150

227
170
41
97
66
264
159
83

80,477
158
55,921
16,821
3,345
7,150
420
4,669

85
160

2,231

46,700
12, 591
33,296
34,964
22,649
9,303
18,973
16, 809

50

w

9,790

195, 285

6, 552,168

2, 369

1,107

168, 961

459

O

28
11

1
7
5
23
4
5

47,529
1,695
23
307
307

5

107
57

36
5

53
113
13

179

6,503
5,410
10,909
17, 555
5,055
1,196
8,394
2 759
8,115

177, 484
182,394
338,817
538,872
203, 619
64,320
217, 515
76 619
220, 517

2,023
2,229
4,115
7,402
3,676
492
3,284
4 074
2,837

54,725
23,538
26, 611
142, 219
26, 678
9,532
2J, 481
14 392
33,V78

3,349
1,190
1,818
9,607
15, 743
945
21, 517
458
3,133

1,350
1,322
2,478
4,910
2,649
792
4,106
903
4,099

46, 271
41,330
39,536
94, 612
50,180
16,075
72,122
13, 998
36, 665

450
1,733
2

331
15

4,885
10
148

100

391

65,896

2,020,157

30,132

352, 954

57,760

22, 609

410, 789

2,297

391

54,904

105

7,124
3,970
77,070
2,867
6,998
803
3,060

154,835
111,091
1 747 814
72,103
143,117
23,013
88,125

2, 551
2,201
46 938
753
2,412
398
1,778

20,088
13,087
84, 895
15,465
33,907
5,342
26,363

3,145
925
152, 593
3,217
19, 739
45
119

836
24
17, 929

88,434
56,417
1, 639,391
30, 554
116,123
12,774
31,176

10

6

2,735

13

22
1,505
108,186
51
428

2,693

137

2,436
1,893
43,386
1, 217
2,339
881
2,002

101,892

2, 340, 098

57,031

199,147

179, 783

18,927

54,154

1,974,869

2,759

44

110,192

2,788

315

#
§

657, 423 1,366, 520 16, 567, 504

44,590

15, 425

573, 694 132,453

161,029

£

2

16

80

11
125

591
2,036

1,003
1,381
60,002
62,466

9
20
53
25
243

56
39
7,226
78

110

173

7,336

39, 456

42, 552 1, 607,883- 41, 673,843 1,371,593 3, 476, 948 4,302, 936
4,249
13,865
3 562
10, 671
13, 598
264

4,068

1,097
5

7,327
31,471
50

21,041
8,237
4 214
79, 220
112,770
439

4 279
14,846
25,957

1,231
11,956

39,721

225,921

46,209

49,150

14,289

873

39,456

42, 552 1,647,604 41,899, 764 1,417,802 3,526,098 4,317, 225

1

16
57

14.

10

— 3
_

O
Q

315

td
O

75

t"1
ft

20

15

245
10
28

273
71
280
1,209
13,685
4

10, 452
2,271
5,671
95,004
57,626
450

409

15, 522

171,474

138

2,643

657,832 1,382,042 16,738,978

44,728

18,068

126

o

s
—-—

^
q

636,160 132,453 161,029

i Includes dividend checks, letters of credit and travelers' checks sold for cash, and amounts due to reserve agents (transit account).




O

TABLE N O .

40.—

and liabilities of active mutual savings banks, Dec. 31, 1951
ASSETS
[In thousands of dollars]

Balances
with
other
Corporate
banks,
stocks,
including Currency including
stocks of and coin reserve
balances
Federal
and cash
Reserve
items in
banks
process of
collection

Loans
and discounts,
including
overdrafts

U. S.
Government obligations,
direct and
guaranteed

Obligations of
States
and
political
subdivisions

_ _ . _ . .

32
70,310
34
135,868
71,067
7
188 1,581,103
124,170
8
72 489,176

150,815
138,513
22,079
1,755,251
126,074
784,251

700
1,054
276
3,225
93
3,082

40,027
18,041
1,542
296,550
34,432
164,781

7,550
22,412
903
125,958
14,108
51,615

2,314
1,288
640
17,420
2,523
10,646

Total New England States.-

341 2,471,694

2,976,983

8,430

555,373

222,546

130 6,417,037
23
260,500
7
251,090
2
18,995
9
94,519

5,454,006
307,543
490,622
19,198
275,738

92,015
8,627
14,682
1,203
3,898

909,289
122,294
431,345
60,765
57,944

759
415
1,447
1,824

171 7,042,141

6,547,107

120,425 1,581,637

Number of
banks

Location

Maine
New TTfrTnpshirft
Vermont
_ _
Massachusetts
Rhode Island
CoTinftfitifiiit

New York
New Jersey
_ _
Pennsylvania
Delaware
Maryland

. __

__
_
. __
......

Total M i d d l e
States
Washington
Oregon

Western

.

8,784
10,618
2,611
80,110
10, 712
49,964

1,249
1,830
754
15,454
1,670
7,029

34,831

162,799

27,986

2,300

68,319
5,246
5,929
145
1,586

486,689
29,809
24,435
3,426
15,517

74,005
4,285
9,119
420
1,438

_ _

Total Pacific States
Total United States




Customers' liability on Other
accept- assets
ances outstanding

315
188
235
903
5
654

2,048
41
19
150
65
2,323

4,445

81,225

559,876

89,267

3
4
4
1

Total Eastern States
Ohio
Indiana
Wisconsin
Minnesota

Other
bonds,
notes,
and
debentures

Investments
and
other
Real
Bank
estate assets inpremises owned
directly
owned,
repreother
furniture
senting
than
and
bank
bank
fixtures premises premises
or other
real
estate

133,928
18,577
4,412
79,894

95,090
24,397
8,409
59,914

1,011
97
916
14,296

17,997
1,857
137
29,244

109
16
37

5,795
333
267
444

18, 702
4,564
1,874
5,269

205
171
61
300

159

12

236,811

187,810

16,320

49,235

162

6,839

30,409

737

160

4
1

98,163
12,913

100,983
5,954

1,738
17

18,337

125

1,105
173

7,788
1,163

805
30

5

111, 076

106,937

1,755

18,337

125

1,278

8,951

835

529 9,861, 722

9,818,837

146,930 2,204,582

227,278

124,173

762,035

118,825

193
282,257
657
330,469
295
100,402
5,510 3,881,484
213
314,000
14,274 1,575,472
21,142

6,484,084

126,766 13,630,933
2,321
741,081
5,863 1,234,551
2
106,128
11,980
462,685
=====

1

Total
assets

146,932 16,175,378
832~ 273,669
8
50,021
6
16,119
31
189,551
529,360

628
73

229,672
20,323

701
4,783

877

249,995

169,652 23,438,817

TABLE NO. 40.—Assets and liabilities of active mutual savings banks, Dec. 31, 1951—Continued
LIABILITIES
[In thousands of dollars]

Demand
deposits

Location

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut

186
660
382
117
600

Delaware
Maryland

_ __ _
__ ___

244,260
286,306
90,040
3, 411, 932
281,006
1,391, 584

5, 703,183

5, 705,128

3,667
9,813
223

12,190,467
653,268
1,136, 291
89,796
405, 551

12,194,134
663,081
1,136, 514
89,796
410,404

4,853
18, 556

Total Middle Western States
_

14, 475,373

14,493, 929

1,534
3,864
24
204

Total Eastern States
Ohio
Indiana
Wisconsin
Minnesota

Washington
Oregon

244,074
286,306
89,380
3,411, 550
280,889
1,390,984

1,945

Total New England States.
New York
New Jersey

Time deposits Total deposits

Bills payable, rediscounts,
and other
liabilities
for borrowed
money

250,109
41,545
14, 799
174,498
480, 951

34
6

210,316
19,339

Surplus *

Undivided
profits

Reserves
and retirement account for
capital
notes and
debentures

1,000

21,423
22,109
1.368
232, 456
26.265
106,361

1,073

33,309

409, 982

323,138
334,582
184
5,625
152
29,764

63,306
2,260
1,400
156

450

971, 770
71,324
87, 691
15, 867
19,835

3

11,454

67,141
4,232
3,321
157
2,232

hi
O

73

450

15.618
17,207
2,698
213,997
3,793
69,825

287
3,825
2 5. 950
410
150
832

l
W
O

77, 083

1,166, 487

370,307

67,122

2,717
25
20
218

16, 915
3,545
1,122
14,000

304
271
150
631

2,090
771
4

486, 577

2,980

35, 582

1,356

2,865

a

210,350
19,345

1,506
149

13,310
512

3,256
317

1,250

w

i

Total Pacific States

40

229, 655

229, 695

Total United States

26,167

20, 889,162

20, 915,329

J Includes guaranty fund.
2
Includes book value of capital notes and debentures—retirable value amounts to $5, 700, 000.




Other liabilities

669
1,022
346
22, 616
2,786
5,870

251.643
45,409
14, 823
174, 702

5,626

Acceptances
executed
by or for
account of
reporting
banks and
outstanding

1,655
1,523

13, 822

3, 573

1,250

115,027

1, 625, 873

698,374

82,691

TABLE NO. 40.—Assets and liabilities of active mutual savings banks, Dec. 31, 1951—Continued
to

[In thousands of dollars]
Loans and discounts

Commercial and
industrial
loans (including
openmarket
paper)

Location

Loans to
farmers
directly
guaranOther
teed by
the Com- loans to
farmers
modity
Credit
Corporation

21
73
1 213

-

885
2,042
786
144
1,042
310

Total New England States.

5,209

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut

_.

New York
New Jersey
Pennsylvania
Delaware
-Maryland

Total Middle
States

12

109

13
90

1,114

Other
loans t o
individuals

Loans
to
banks

All other
loans (including
overdrafts)

1,415
4,667
2,113
23,316
6,020
5,214

15,450 2,168, 753

249,803

42, 745

2,518

7,767 5,612,436
236,022
55
229,619
539
18,380
361
70,390
965

933, 788
24,790
20,964
224
12,284

19,453
1,041
505
30
9,147

2,069
27

9,687 6,166,847

992,050

30,176

290
1,459
362
8,274

14, 558
283
34
98

3,252

3,252

2,642

4

Secured
by other
properties

4,796
203,414
4,987
35,492

1,310

12

-

Secured
by residential
properties
(other
than
farm)

3

35

1,965

__

Secured
b y farm
land (including
improvements)

151
66,580
128,575
5,575
56,404
6,136 1, 355,865
163
112,865
3,425
448,464

-

1,965

Real-estate loans

518
977
538
574

4

Total Eastern States
Ohio
Indiana
Wisconsin
Minnesota

Other
loans for
the purLoans to pose of
brokers purchasand
ing or
dealers in carrying
securities stocks,
bonds,
and other
securities

127
511

Total
gross
loans

70,328
135,868
71,405
1, 591,650
125, 615
493, 564

Less
valuation
reserves

18

Net
loans

338
10,547
1,445
4,388

70,310
135,868
71,067
1,581,103
124,170
489,176

2,488,430

16, 736

2,471,694

158,480
1,447
537

78

6, 575, 517
261,947
251, 627
18,995
94,829

310

6,417,037
260,500
251,090
18,995
94,519

2,174

7, 202,915

160, 774

7,042,141

134, 742
18, 591
4,412
82,686

814
14
2,792

133,928
18,577
4,412
79,894

240,431

3,620

236,811

98,180
12,913

17

98,163
12,913

1,798
82

4,391
2,333
45
14, 699

92, 714
14,272
3,971
59, 615

21,468

170,572

10,385

14, 973

348

77,379
11,443

20,017
1,438

436
32

348

19, 524
45

88,822

21,455

468

111, 093

17

111, 076

46,953 8, 594,994 1,273, 693

88,362

7,944 10, 042,869

181,147

9,861,722

Western
19,569

109

103

Washington
Oregon
Total Pacific States
Total United States




26,743

1,423

2,757

TABLE NO. 40.—Assets and liabilities of active mutual savings banks, Dec. SI, 1951—Continued
[In thousands of dollars]
to

Time deposits

Demand deposits

s
^

Individuals, partnerships,
and corporations

Location

I

to
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island

_ __

32
382
26
192

70

5

18

73
408

553

757

88

547

124
8,761

1,891
64
223

1
558

1,651
430

1,098

31
2,209

433
2,658
19

7
24
5

3,110

36

933

30
1
31

3
5

3,033

1,588

553

Total New England States..
______
I-

Total Eastern States
Ohio
Indiana
Wisconsin
"Minnesota

__

- --

Total Middle Western States. __
Washington
Oregon

^_»

Total Pacific States
Total United States

U.S.
Government

5,701,606

9,983

_ _

CoTinfictiftut

_--

Individuals, partnerships,
and corporations
243,511
286,306
88,915
3,411,550
280,863
1,390,461

125

._

New York
New Jersey
Pennsylvania
Delaware
Maryland

States
Certified
U.S.
and
and
Banks in Banks in
Govern- political United
foreign cashiers'
subdiviment
States countries checks,
sions
etc.i

13,646

61

6

Postal
savings

States
and
Banks in Banks in
foreign
political United
subdiviStates countries
sions

o
o

557
445

20

26
437

86

6

1,465

106

55

2
4,371
36
112

58
160

3,724

12,190,352
648,737
1,136,255
89,684
405,251

559

5,805

14,470,279

55

4,521

518

933

1,094
224

1,371

200

204

248,538
41,545
14,796
174,498

1,522

479,377

1,374

1

210,291
18,584

25
25

1

8
25

20,880,137

3
200
25
755

228,875

7,875

o

300

780
61

7,360

1,604

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 .

and liabilities of active private banks, Dec. 31, 1951

41.—.

ASSETS
[In thousands of dollars]

Number of
banks

Location

ObligaU.S.
Other
tions of
Loans and Governbonds, CorStates and notes, porate
discounts, ment obpolitical
ligations,
including
and
overdrafts direct and subdivi- deben- stocks
sions
guaranteed
tures

113

403

130

366
825

61,832
3,519

55
207

49,671

394

8,859

1,191

65,351

262

24
56
80

563
16,894

4
4,177

10
1,177

28
53

389
1,280

2,711
13,192

102
215

15,881

17,457

4,181

1,187

81

1,669

15,903

317

2.168
4,636
3,790
4,363

1,186
5,251
1,930
4,217

668
884
233
384

47
4
126

97
526
375
171

949
3,443
1,710
2,216

12
39
48
54

26

14, 957

12,584

2,169

177

1,169

8,318

85
1

98,942
445

96,331
311

56,021

1,758
145

8,962

4,142
49

86

99,387

96,642

56,021

1,903

8,962

4,191

New York
Pennsylvania

3
8
11

62,087
5,246

54,815
10,934

48,412
1,259

67, 333

65,749

35
11
46

2,454
13,427

4
7
8
7

Total Southern States

_- _

_

Total Middle Western States.
Total United States (exclusive of possessions)
Alaska
Total United
possessions

States

and
_ _




Customers' liability on Other
accept- assets
ances outstanding

30
361

541

Ohio
Indiana .
Michigan
Iowa

Investments and
other assets
indirectly
representing bank
premises
or other
real estate

53

8,433
426

771

.

Real
estate
owned,
other
than
bank
premises

3
391

2

Georgia
Texas

Bank
premises owned, furniture
and fixtures

22

Connecticut

Total Eastern States

Currency
and
coin

Balances
with other
banks, including
reserve
balances
and cash
items in
process of
collection

o
Total
assets

2

2,035

17,812

2,932
6

256, 771
22,869

17,812

2,938

279, 640
6,332
50,791

391

41
15
56

29

4
1
3

5,131
14, 784
8,244
11, 405

153

29

8

39, 564

89,975
312

862
9

553
1

17,812

3,004

378,362
1,272

90,287

871

554

17,812

3,004

379,634

57,123

i

TABLE N O . 41.—.

and liabilities of active private banks, Dec. 81, 1951—Continued
LIABILITIES
[In thousands of dollars]

Demand
deposits

Location

Connecticut

Other
liabilities

Capital
stock

Surplus

Undivided
profits

Reserves

1,373

--

- .
. _..

___

Total United States (exclusive of possessions) -_
Alaska
Total United States and possessions,..

452

1,825

2

25

183

2,181
12, 270

211,989
20, 880

2,266

18,979

3,478
22

2,850

13,154
1,913

29

4,026
54

218, 418

Ohio
Indiana
_
_
Michigan
Iowa _
_
Total Middle Western States




Total
deposits

Acceptances
executed by
or for
account of
reporting
banks and
outstanding

209,808
8,610

New York
Pennsylvania
Total Eastern States
Georgia
Texas
-Total Southern States.

Time
deposits

Bills payable, rediscounts,
and other
liabilities
for borrowed
money

14,451

232, 869

2,266

18,979

3,500

2,850

15, 067

29

4.080

5,179
43, 701

92
2,755

5,271
46,456

30
28

248
1,211

584
2,578

105
209

94
309

48, 880

2,847

51, 727

58

1,459

3,162

314

403

2,762
11, 713
3,310
9,208

1, 764
2,108
4,429
1,718

4,526
13, 821
7,739
10, 926

11
19
12

145
236
114
195

170
490
184
137

279
210
185
121

g
10
26

26, 993

10, 019

37, 012

42

690

981

795

44

295, 664
1,120

27, 769
43

323, 433
1,163

2,266

18, 979

3,602

5,024
25

19,393
25

1,138
48

4,527
11

296, 784

27, 812

324, 596

2,266

18,979

3,602

5,049

19,418

1,186

4,538

O
O
W
O

TABLE NO. 41.—Assets and liabilities of active private banks, Dec. 31, 1951—Continued
[In thousands of dollars]
Loans and discounts
Loans to
farmers
Commer- directly
cial and guaranteed
Other
industrial
loans (in- the Com- loans to
cluding modity farmers
open-mar- Credit
ket paper) Corporation

Location

134
. .

Georgia
Texas

_

_

3
52

7,768

7,724

43,727

..

Total Eastern States

4

42,311
1,416

Connecticut
New York
Pennsylvania

Other
Real-estate loans
loans
for the
Loans to purpose of
Other
brokers purchasing Secured by Secured by
loans to
and
or carrying farm land residential Secured individdealers in stocks, (including properties by other
uals
securities bonds, and improve- (other than properties
farm)
other
ments)
securities

55

7,768

7,724

Loans
to
banks

Allother
loans (including
overdrafts)

Total
gross
loans

Less
valuation
reserves

Net
loans

6

399
3,747

18

426
2,581

4.146

54

36

321

9

771

105

54
1,784

15
472

301
1,312

4,158
105

62,334
5,246

247~

62,087
5,246

105

1,838

487

1,613

4,263

67,580

247

67,333

243
295
538

54

261

604
1,241

117
363

630
4,864

35
264

2,454
13,427

771

2,454
13,427

18

3,007

1,845

480

5,494

299

15,881

_

428
1,716
455
206

50

114
176
303
318

553
1,421
1,251
344

91
94
341
62

806
641
909
1,765

14
2
38
609

2,186
4.654
3,790
4.363

18
18

51

186
554
493
1,008

2,168
4,636
3,790
4,363

Total Middle Western States.

2,805

101

2,241

911

3,569

588

4,115

663

14,993

36

14,957

Total United States (exclusive of possessions)
Alaska

50,812
197

119

5,307

7,822

7,724

1,560

7,513
163

1,591
77

11,543

5,234
8

99,225
445

283

98,942
445

Total United States and possessions

51,009

119

5,307

7,822

7,724

1,560

7,676

1,668

11,543

5,242

99,670

283

99,387

Total Southern States
Ohio
Indiana
Michigan...
Iowa




15,881

I

TABLE NO. 41.—Assets and liabilities of active private banks, Dec. SI,

1951—Continued

[In thousands of dollars]
Time deposits

Demand deposits
Individuals, partnerships,
and corporations

Location

Connecticut

r

U. S.
Government

States
and
Banks in Banks in
political United
foreign
subStates countries
divisions

156,951
7,842

States
Individuand
als, part- U. S. Postal
Banks in Banks in
nerships, Govern- savings political United
foreign
suband corpo- ment
States countries
divisions
rations

16
=====
1

. .

28,769

9,170
192

2,036
11,970

-

100
300

45

Total Eastern States

14,615

28,769

9,362

14,006

400

45

Georgia.
Texas
Total Southern States

244

164,793

1

302
576
878

5,162
40,178

New York
Pennsylvania

222

2,608

266

17
427

92
2,511

45,340

222

2,608

266

444

2,603

533

13
55
23
1

1,752
2,108
4,429
1,718

92

10,007

12

244

-:—i

Ohio
Indiana
Michigan
Iowa

. -

2,559
9,970
2,861
8,641

18

190
1,137
426
566

.-.

12

=====

24,031

18

2,319

533

Total United States (exclusive of posessions)
Alaska

235,521
851

241
50

5,805
207

15,414
9

28,769

9,914
3

27,068
43

656

45

Total United States and possessions _

236,372

291

6,012

15,423

28,769

9,917

27, 111

656

45

Total Middle Western States

* Includes dividend checks, letters of credit and travelers' checks sold for cash, and amounts due to reserve agents (transit account).




o

452

14,615

1,357

-

Certified
and
cashiers'
checks,
etc.*

o
o

I

178

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 42.—Per capita demand and time deposits of individuals, partnerships,
and corporations in all active banks, Dec. 31, 1951

Location

•opulation
(approximate)

Deposits of individuals, partnerships, and corporations (in thou-

Per capita

Total

Demand

$676, 721
542,129
7,102,290
997,463
3,022,747

$238,169
142,686
97,752
2,986,030
420,246
1,203, 717

$438, 552 $707.13
399,443
956.14
245,866
865. 54
4,116,260 1,469. 24
577,217 1,270.65
1,819,030 1,485.38

$248.87
251. 65
246. 23
617. 72
535. 34
591. 51

9,575,000 12,684,968

5,088,600

7, 596,368 1,324.80

531.45

793.35

15,461,000 37,885,031 21,779,513 16,105,518 2,450.36 1,408.67
New York..
5,010,000 5,188,053 2,500,496 2,687,557 1,035. 54
499.10
New Jersey
10,828,000 10,958,072 6, 779,600 4,178,472 1012.01
626.12
Pennsylvania
322,000
545,009
380,327
164,682 1,692.57 1,181.14
Delaware
2,391,000 1,915,334 1,087,017
828,317
801.06
454.63
Maryland
756,000 1,102,896
895, 566
207,330 1,458.86 1,184.61
District of Columbia. _.

1,041.69
536.44
385.89
511.43
346.43
274.25

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total New England States

Total E a s t e r n
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...

957,000
567,000
397,000
4,834,000
785,000
2,035,000

Total Western
States

Demand

Time
$458.26
704.49
619.31
851. 52
735.31
893.87

24,171,876

1,656. 53

961.30

695.23

1,749,916
798,151
1,578,880
633,269
1,498,037
1,760,170
1,107,696
673,081
1,410,767
5,955,526
715,655
1,419,733
1,629,347

1,143,019
538,144
1,222,340
545,832
1,182,700
1,371,123
842, 532
539,248
1,125,681
5,348,868
613, 213
1,190, 612
1,169,643

606,897
260,007
356, 540
87,437
315,337
389,047
265,164
133,833
285,086
606,658
102,442
229,121
459,704

518. 65
380.98
368.81
285.90
413. 25
602. 59
352.54
303. 87
513.01
755. 59
360.53
463.81
484.06

338. 77
256.87
285.53
246.43
326. 26
469.40
268.15
243.45
409.34
678. 62
308.92
388.96
347.49

179.88
124.11
83.28
39.47
86.99
133.19
84.39
60.42
103. 67
76.97
51.61
74.85
136. 57

42,912,000

20,930, 228 16,832,955

4,097,273

487. 75

392. 27

95.48

4, 578, 911 2,816,933
929, 59
972,160
1,991,267
726. 51
7, 992,849 3,199,859 1,241. 70
2, 964, 256 2, 279,842
794.80
1, 635,404 1,268, 218
801.00
1, 533,166 1,025,189
819.46
1,435,835
709.27
546, 576
2,880, 713
885.41
731, 750

575. 53
488.18
886.71
449.27
451.15
491.08
513. 72
706.06

354.06
238.33
354.99
345.53
349.85
328.38
195. 55
179.35

7, 956,000 7,395,844
4,079,000 2,963,427
9,014,000 11,192, 708
6, 598,000 5, 244,098
3,625,000 2,903, 622
3,122,000 2, 558,355
2,795.000 1,982,411
4,080,000 3,612,463

Total
Middle
Western States. 41,269,000 37,852,928
North DakotaSouth Dakota..
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico...
Oklahoma

Total

3,374,000
2,095,000
4,281,000
2,215,000
3,625,000
2,921,000
3,142,000
2,215,000
2,750,000
7,882,000
1,985,000
3,061,000
3,366,000

34,768,000

57, 594,395 33,422,519

Time

25,012,401

12,840, 527

917.22

606.08

311.14

679,000
726,000
1,410,000
2,014,000
654,000
302,000
1,421,000
765,000
2,215,000

465,836
459, 218
1,157,363
1,374,921
521,765
249, 573
1,097,688
306,285
1,426, 219

353,879
367,694
1,007,231
1,191,385
420,596
197,593
849,671
254,165
1,277,725

111,957
91, 524
150,132
183,536
101,169
51,980
248,017
52,120
148,494

686.06
632.53
820.81
682.68
797.81
826.40
772.48
400.37
643.89

521.18
506.46
714.35
591. 55
643.12
654.28
597.94
332.24
576.85

164.88
126.07
106.47
91.13
154.69
172.12
174. 54
68.13
67.04

10,186,000

7,058,868

5,919,939

1,138,929

13.00

581.19

111.81




REPORT OF THE COMPTROLLER OF THE

CURRENCY

179

TABLE NO. 42.—Per capita demand and time deposits of individuals, partnerships,
and corporations in all active banks, Dec. 81, 1951—Continued

Location

Population
(approximate)

Deposits of individuals, partnerships, and corporations (in thousands)

Per capita

Total

Demand

2,412,000
1,561,000
10,780,000
629,000
740,000
160,000
801,000

2,008,514
1,289,317
12,930,417
398,233
515,366
171,447
448,350

1,266,944
863,607
7,216,883
282,306
325,638
106,905
341,337

741,570
425,710
5, 713,534
115,927
189,728
64,542
107,013

832.72
525.27
825.96
553.24
1,199.48
669.47
633.12 » 448.82
696.44
440.05
1,071. 54
668.15
559. 74
426.14

307.45
272.72
530.01
184.30
256.39
403.39
133.60

T o t a l Pacific
States
_. 17,083,000

17,761,644

10,403,620

7,358,024

1,039.73

609.01

430.72

Total United
States (exclusive of possessions)
155,793,000 153,883,031

96,680,034

57,202,997

987.74

620.57

367.17

59, 698
8,237
4,214
138, 789
112,770
439

22,969
2,271
5,671
177,702
57,626
450

694.68
233.51
201.73
666.30
75.73
46.79

501. 66
183.04
86.00
292.19
50.12
23.11

193.02
50.47
115. 73
374.11
25.61
23.68

Washington
Oregon
California
Idaho.
Utah
Nevada
Arizona..

Time

Total

Demand

Time

Alaska. _ __ _
Canal Zone (Panama) _.
Guam
The Territory of Hawaii.
Puerto Rico
American Samoa
Virgin Islands of the
United States
__.

119,000
45,000
49,000
475.000
2,250,000
19,000
26,000

3,641

1,442

2,199

140.04

55.46

84.58

Total possessions.

2,983,000

594,477

325, 589

268.888

199. 29

109.15

90.14

Total United
States and possessions
158,776,000 154,477,508

97,005,623

57,471,885

972.93

610.96

361.97




82,667
10,508
9,885
316,491
170,396
889

TABLE NO. 43.—Officials

of State banking departments and number of each class of active banks in December 1951
State commerciall

Names of officials

Location

Total
number
of
banks

Titles

Bank Commissioner

Maine
New Hampshire
Vermont .
Massachusetts...
_.
Rhode Island
Connecticut.
Total New England
States

Homer E. Robinson ...
Clyde M. Davis
Alexander H. Miller
Timothy J. Donovan
Alexander Chmielewski
Lynbrook K. Elmore

Commissioner of Banking and Insurance
Commissioner of Banks
Bank Commissioner
do

New York
New Jersey...

W. A. Lyon
Warren N. Gaffney.. . . .
L. M. Camnbell
Randolph Hughes ..
W H. Kirkwood, Jr

Superintendent of Banks
Commissioner of Banking and Insurance. _
Secretary of Banking
State Bank Commissioner
Bank Commissioner

Logan R. Ritchie

Commissioner of Banking

William W. Jones
W Royden Watkins
A. P. Persons
C. M. Gay
Joe H. Williams
C. T. Johnson .
J S Brock
J. M. Falkner
Edward I. McKinley, Jr.
H. H. Carter
H. B. Clarke.

Commissioner of Banks
Chief Bank Examiner
Superintendent of Banks
Comptroller, State of Florida..
Superintendent of Banks
State Comptroller . _
State Bank Commissioner
Commissioner, Department of Banking...
State Bank Commissioner
. . . . . .
Commissioner, Department of Banking
Superintendent of Banks....

Pen n syl van ift

Delaware .
Maryland
District of Columbia

63
58
38
253
16
136

do

Georgia
Florida
_
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee

. .

Insured

NonNonNon- NonNonMemMemmembers insured insured
bers" members insured bers
Federal Federal
Federal Federal
Reserve Reserve
Reserve Reserve
System System
System System
6
1
1
25
2
15

16
6
29
33
3
31

9
17
1
7
3
16

7

25
34

7
3
4

188
5
68
320

do

Total Southern
States




_

.

50

118

53

21

377
139
348
27
110
10

164
70
106
4
16
6

74
42
219
20
83
4

6
4
8
1
2

130
23
7
6

366

442

21

166

5

182
107
179
124
335
145
156
178
130
466
178
290
224

71
35
8

15
11
23
7
11
138
16
21
10

111
68
170
102
271
130
133
167
118
289
156
247
207

4
1
28
6
22
7

2,694

373

2,169

106

2
2

2
3

1,011
John TT, TTofFman

South Caroling

Insured

564

Total Eastern States.
Virginia
West Virginia
North Carolina

Private

Mutual savings

7

4
1
15
14
4

3
8

11

35

11

46

Missouri

Superintendent of Banks . . _ _ - . _ _ . . _
Director, Dept. of Financial Institutions..
Auditor of Public Accounts
Commissioner, State Banting Department
Commissioner of Banks
_ _do
Superintendent of Banking
Commissioner of Finance .
__.

Colorado
New Mexico
Oklahoma--.
Total
States
Washington
Oregon
California
Idaho
Utah
Nevada
Arizona
Total Pacific States.
Alaska
The Territory of Hawaii
Puerto Rico
American Samoa

Frank A. Boyle

Total possessions
Total United States
and possessions

Supervisor of Banking
Superintendent of Banks
do
Commissioner of Finance
Bank Commissioner
Superintendent of Banks
do

___
_ __ _
.

_.

Secretary, Territorial Banking Board
Bank Examiner .
Treasurer

3
4
13
13
8
17
48
24

2

830

2,698

130

3

110
134
293
433
71
28
80
25
187

2
27
16
41
45
15
16
8
25

103
107
228
253
26
13
54
17
151

5

195

952

214

86
51
108
29
43
3
10

16
10
26
10
19
1
2

63
38
71
18
24
2
7

3
2
11
1

330

Ray D. Carrell
A. A. Rogers __
Maurice C Sparling
E F. Haworth
Louis S. Leatham
Grant L. Robison
D 0 Saunders

State Examiner
Superintendent of Banks
Director of Banking
State Bank Commissioner
Superintendent of Banks.
State Examiner
State Bank Commissioner . . _
_
State Bank Examiner
Bank Commissioner

230
2 234
370
183
381
457
446
397

1,361

J A Graham
Verne W. Abeel
J. Floyd McLain
Elmer T. Beck
W A Brown
Norris E Hartwell
Frank E Goldy
Alfred W. Kaune
- _ 0. B. Mothersead
Western

North Dakota
South Dakota
Nebraska
_
Kansas
_
Montana

180
112
126
153
69
28
63
99

3,695

Total Middle Western States

420
360
509
357
462
503
564
520

84

223

18

15
8
11
1

1
1
7

13
7
4
1

35

9

25

6,611

567

toco

Thurman R. Hazard
. . Joseph McCord .
Benjamin O. Cooper
Maurice C. Eveland
_ Guerdon M. Matthews
Arthur W Hoese
N P Black
Harry G. Schaffner

Ohio
Indiana.
niinois
Michigan
Wisconsin
1 I inn eso ta
V

9,690

1,898

1

1
1

I

4
6

1

s
..
7

2

25

49
139
10
11

4
1

1
5
1

:.

1

...
3

199

327

85

1
Includes stock savings banks.
2 Includes 1 private bank.




OO

TABLE N O . 44.—Assets and liabilities of all active banks, 1940 to 1951

00

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 1939, inclusive, report for 1939.]

Loans and U. S. Gov-

Other

bonds,
Number discounts, ernment
of banks including obligations, stocks, and
direct and
overdrafts guaranteed

Cash

securities

Balances
with other
banksi

Other
assets

Total assets

Capital a

Surplus
and net
undivided
profits 3

Total deposits

Bills payable and Other
rediscounts, liabilities
etc.

o

JUNE 30

15,017
14,919
14,815
14,661
14, 598
14, 587
14,626
14, 755
, 14 759
14,697
14,689
14,655

1940
1941
1942
1943
1944
1945
1946
1947
1948
1949
1950
1951
DEC.

1940
1941
1942
1943
1944...
1945
1946
1947
1948
1949
1950
1951
1
2
3

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
64, 218,091

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
68,958,920

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
15, 252,839

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
2,033, 517

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
36,370,058

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
2,419, 216

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
189. 252,641

3,091,793
3, 055,005
2,998,686
2,979,447
3,036,893

5, 233,334,
5,469,514
5, 523,532
5,811, 248
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
3, 773, 755 10, 543, 747

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
172,679, 420

22,559
20,736
31,657
87,116
81,075
93,966
63,339
68,681
35,306
46,135
78,258

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
2,177,461

14,956
14,885
14, 722
14, 621
14,579
14, 598
14,633
14, 755
14, 735
14, 705
14,666
14, 636

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
68,000, 966

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
71, 595,087

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
15,991,176

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
2,890,421

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
42,826,197

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
2, 558,776

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
203,862, 623

3,070,519
3,034,361
2, 985,391
3,011, 600
3,052,950
3,187,368
3,299,469
3,342,600
3,423,195
3, 548,731
3,670, 249
3,840,006

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
186, 603,665

25,060
22, 593
18,638
51, 650
125,624
227,150
48,403
74,614
64,320
27,195
94,607
44,008

729,399
702, 704
653, 273
688, 511
817,620
982,221
1,118, 615
1, 223,408
1,415,918
1,606,284
2,110,043
2,508,682

31

Includes reserve balances and cash items in process of collection.
Includes capital notes and debentures in banks other than national.
Includes reserve accounts.




5,339,039
5,460, 776
5,619, 637
6,034,091
6, 640,166
7,424, 243
8,138,479
8, 654, 798
9,130, 608
9,616,859
10,245,616
10,866,262

NOTE.—Reciprocal interbank demand balances with banks in the United States are
reported net beginning with the year 1942.

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1
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TABLE N O . 45.—Assets and liabilities of all active national banks, 1940 to 1951
[Amounts in thousands of dollars. For prior figures, revised for certain years and made comparable to those in this table, references should be made as follows: Years 1863 to 1913,
inclusive, Comptroller's Annual Report for 1931; figures 1914 to 1919, inclusive, report for 1936, and figures 1920 to 1939, inclusive, report for 1939.]

Number
of banks

1940
1941
1942
1943
1944
1945
1946
1947
1948
1949
1950
1951
1940
1941
1942
1943
1944
1945
1946
1947
1948
1949
1950
1951
1
2

JUNE 30

-

DEC.

31

Loans and
discounts,
including
overdrafts

U. S. GovOther
ernment
bonds,
obligations, stocks, and
direct and
guaranteed securities

Cash

Balances
with other
banksi

Other
assets

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
4,953 30, 584,236

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
33,053, 774

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
7, 581,524

582,303 13,294,801
709,458 13,812,200
728,309 13,588,254
806,546 14,420,845
820, 570 15,239,164
821,290 16, 791,661
805, 575 17,856,276
988,288 18,407,260
1,120,314 19,345,184
1,093,053 19,283,128
959, 569 19,002,603
985,074 21,268,067

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
4,981 23,928,293
4,965 29,277,480
4,946 32, 423, 777

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
35,156,343

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
7,887,274

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
1, 418, 564

Includes reserve balances and cash items in process of collection.
Includes reserve accounts.




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
1,186,086

14,401,268
918,082
14,215, 429
897,004
15,516, 771
847,122
15,272,695
813, 468
16, 732, 749
792,479
19,170,145
797,316
18,972,446
830, 513
20,907, 548
880,987
21,983, 506 1,063,917
19,985,295 1,058,178
22,666,366
1,126,555
24,593, 594 1,259,008

Total assets

Capital

Surplus
and net
undivided
profits 2

Total deposits

Bills payable and

Other
rediscounts, liabilities
etc.

36,885,080 1,534,649
41,314,635 1,523,383
44, 718, 965 1,507,670
58,972,352 1,498,008
70,400,945 1,553,578
81,794,833
1,624,184
85, 993,054 1,683,489
83,413,260 1,770,871
85,341,112 1,804,803
85,099,450 1,907,958
89,936,612 1,979,941
94,658,761 2,067,155

1,941,792
2,074, 758
2,171,822
2,327,397
2, 557,031
2,848,369
3,190,088
3, 537,809
3, 740,965
3,919,945
4,215,126
4,452,871

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
86,836,814

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
32,890 1,269,031

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
2,105,345

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
4, 564, 773

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
94,431,561

342,013
3,127
330,585
3,778
390,291
3,516
408,139
8,155
491,877
54,180
559,103
77,969
630,578
20,047
705,185
45,135
774,818
41,330
952,958
7,562
76,644 1,304,828
15,484 1,621,397

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
102,738, 560

NOTE.—Reciprocal interbank demand balances with banks in the United States are
reported net beginning with the year 1942.

hi
O

S

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I

TABLE N O . 46.-—Assets and liabilities of all active banks other than national, 1940 to 1951
[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 1939, inclusive, report for 1939.]

Number of
banks
JUXE

128,171
114,683
104,171
94,691
86,569
78,762
72,493

3,291,542
3,394, 756
3,351,710
3,483,851
3, 761,577
4,185,486
4,735,729

38,079,051
41,198,026
42,370,458
53,014,738
63,533,994
75,107,154
79,854,647

24,059
20,554
18, 722
27,426
80,911
75,866
69,525

376,753
369,126
309,120
272,600
298,923
369, 708
481,812

1,548, 709
1,533,860
59, 752
1,570,773
47,428
1,603,256
46,774
1,664,697
41,903

4,912,843
5,176,515
5.475,599
5.808,169
6,090,876

76, 793,973
78,176,766
78,787,756
81,895,150
85,842, 606

35,479
25,810
21,183
21,352
45,368

544,135
667,673
668,466
725,597
908,430

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
1, 695,205

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
6,301,489

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
92,172,104

21,933
18,815
15,122
43,495
71,444
149,181
28,356
29,479
22,990
19, 633
17,963
28,524

387,386
372,119
262,982
280,372
325, 743
423,118
488,037
518, 223
641,100
653,326
805, 215
887.285

Cash

Balances
with other
banks *

566,286
698,848
718,471
800,018
802,621
828,197
923,459

11,240,467
11,658,808
10, 648,005
10,789, 502
11,466,188
12,454, 746
13,875, 791

1,973,719
1, 760,535
1,525,316
1,400, 270
1,187.185
993, 212
1,009,633

43,328,549
46,514,084
47,541,026
58, 280,054
69,158,720
81,232,146
86, 709,210

1,428,973
1,416,939
1,386,845
1,386,748
1,396,746
1,415,170
1,495,004

998,548
1,144,426
1,133, 783
1,011,007
1,048,443

13,322,651
13,554,433
13,610, 681
13,281,018
15,101,991

923,165
994,180
994,851
1,098, 747
1,233,130

83,835,139
85,640,376
86,571, 205
90,100, 298
94, 593,880

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
1,471,857

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
18, 232, 603

1,903,988 45,837,940
1,641,584 47,915,460
1.487,532 54, 761,599
1, 295,540 63,590,061
1,064,945 75,997,325
956,378 87,815,319
898,702 84, 556,099
954,500 87,577,102
989,844 87,940,378
1,044,755 89,803,934
1,162,407 95,000,580
1, 299, 768 101,124,063

Other
assets

Total assets

Capital

stock

Total
deposits

Bills payable a n d

rediscounts,
etc.

Other
liabilities

30

9,847
9,783
9,708
9,595
9,556
9,566
9.608

13,378,443
14,620,955
14, 276,510
13,133,910
14, 274,658
15,703,007
17,195,051

10,599,277
12,441,109
15,434,031
27, 772, 656
37,339,008
46,984,982
49,024,211

5,570,357
5,333,829
4,938,693
4,383,698
4,089,060
4,268,002
4,681,065

1947
1948
1949
1950
1951

9,737
9,755
9,704
9,712
9,702

19, 768,703
23,076,338
24,788, 595
27,638,909
33,633,855

43,690,547
40r929,264
39,601,081
39,958,041
35,905,146

5,131,525
5,941, 735
6,442, 214
7,112,576
7,671,315

1940
1941
1942
1943
1944
1945
1946
1947...
1948
1949
1950
1951

9,806
9,762
9,635
9,57:
9 548
9,575
9,620
9,744
9,738
9,724
9,701
9,690

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
35,577,189

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
36,438,744

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
8,103,902

2

Surplus
a n d net
undivided
profits 2

Other
bonds,
stocks,
and
securities

1940
1941
1942
1943
1944
1945
1946.

1

Capital
notes
and
debentures

Loans and U. S. Government
discounts,
including obligations,
direct and
overdrafts
guaranteed

-

.

Includes reserve balances and cash items in process of collection.
Includes reserve accounts.




123,134
108,194
99,202
90,142
82,320
72,080
67,794
62,027
48,431
48,437
47,107
39,456

NOTE.—Reciprocal interbank demand balances with banks in the United States are
reported net beginning with the year 1942.

i
o

E

O

TABLE NO. 47.—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. 81, 1951
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
of court
- . _Book value of assets returned to shareholders'
agents
. _
_
.
Book value of remaining assets.
Total
Collections:
I 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

Total

s 2,820

District of Columbia nonnational banks2
Completely In process
liquidated
and finally of liquidation
closed

National banks

Total

U5

*15

$3, 732,192, 422 $12,377, 410 $3, 744, 569, 832 $27,143,017

$27.143,017

Completely
liquidated
and finally
closed
« 2,805

In process
of liquidation
2

Total

o

s 2, 807

$3, 705,049, 405 $12,377,410 $3, 717, 426, 815

3

W
o
o

18, 624, 923
2,089, 895

2,193, 872,263
251, 608, 507

a 269, 965 2, 202,142, 228
309, 485
251, 917, 992

6, 401, 713

6, 401, 713

1, 216, 768, 758

3, 594,239

26, 486

26, 486

42, 745, 804
9 54,073

2, 212, 497,186
253, 698, 402

8,269, 965
309, 485

2, 220, 767,151 18, 624. 923
254, 007, 887 2, 089, 895

1, 223,170, 471

3, 594, 239

1, 226, 764, 710
42, 772, 290
257, 794

42, 772, 290
» 54,073

203, 72]
3, 732,192, 422 12,377, 410

3, 744, 569, 832 27,143, 017

27,143, 017

203,721
3, 705,049, 405 12,377,410

2, 212, 497,186
179, 266, 883

8, 269, 965
503, 777

2, 220, 767,151 18, 624, 923
179, 770, 660
619, 261

18, 624, 923
619, 261

2,193, 872, 263
178, 647, 622

162,526,189
253, 698, 402

1,197, 797
309, 485

163, 723, 986
254,007,887

1,429,275
2, 089, 895

161,096, 914
251, 608,507

10, 281,024

2,818,503,333

233,649

233,649
2,808,222,309

1,429,275
2,089, 895

22, 763,354

o

42,745,804
257, 794
3, 717,426,815

8,269 965 2, 202,142, 228
503, 777
179,151, 399
1,197, 797
309,485

162, 294, 711
251, 917, 992

2, 785, 458, 955 10,281,024

2, 795, 739, 979

233, 649
22,763,354 1

1, 220,362, 997

233, 649

!

TABLE N O . 47.—Summary of status, progress, and results of liquidation of all national banks1 placed in charge of receivers from the date of • *
—
the first national bank failure, Apr. 14, 1865, to Dec. 81, 1951—Continued
g^
National and District of Columbia
nonnational banks
Completely
liquidated
and finally
closed
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.




In process
of liquidation

$1,412, 893,997

$3, 567,759

Total

District of Columbia nonnational banks 2
Completely In process
liquidated
and finally of liquidation
closed

1, 416, 461, 756 $10, 893,071

Total

National banks
Completely
liquidated
and finally
closed

In process
of liquidation

Total

$10,893,071

$1,402,000,926

Q

3

$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

1, 372,006

1,372,006

10, 750

10, 750

1,361, 256

1,361, 256

705,913,675
254,007,887

4, 901, 281
2, 089, 895

4,901,281
2, 089, 895

696,080,190
251, 608, 507

o

700,981, 471
253,698, 402

4,932, 204
309,485

4,932, 204
309, 485

o

701,012,394
251, 917,992

7,998,429

71, 541

8,069,970

18, 839

18,839

7,979, 590

71,541

8,051,131

169, 554, 582

640, 707

170,195, 289

1, 767, 254

1, 767, 254

167, 787,328

640, 707

168, 428,035

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

6 20,847

713, 731

734, 578

• 20,847

713, 731

734, 578

2, 808, 222,309

10, 281,024

2,818, 503,333

2, 785,458,955

10,281,024

2,795, 739,979

22, 763,354

22, 763,354

d

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._
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
2
3
4

* 401,112, 595

1, 800,000

7 402, 912, 595 » 2,352,920

176,392,631

2, 352,920

» 398, 759,675

1, 800,000

176,392,631

176, 392,631

9 400, 559,675
176,392,631

1,912,920
19,147,196

176,392,631
170, 552, 785
326,360,887
2,355, 227,677

800,000
4,165, 850

5,194,938

5,194,938

505, 877,007

4, 406,189

809, 871
17, 850,201

809, 871
17, 850, 201

96,053,072
2,105, 296, 286

78.13

77.18

77.18

78.10

98.05

78.13

99.02

87.64

82.57

82.57

87.65

99.02

87.68

6.68

6.71

8.73

8.73

6.70

176,392,631
170, 552, 785
328, 273,807
2, 374,374,873

800,000
4,165, 850

511,071,945

4,406,189

515,478,134

96,862,943
2,123,146,487

324, 751
3,638, 730

97,187, 694
2,126,785, 217

78.09

98.05

87.61
6.71

176,392,631
170, 552, 785
329,073, 807 1, 912, 920
2,378, 540, 723 19,147,196

Including District of Columbianonnational banks and building and loan associations.
Including building and loan associations.
Does not include 159 banks restored to solvency.
Does not include 1 bank restored to solvency.
« Does not include 158 banks restored to solvency.




!

176,392,631
170, 552, 785
327,160, 887
2,359,393, 527
510,283,196

96, 377, 823
*24, 751
3,638,730 2,108,935,016

o
o

6.70

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.
s 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

f

§

00

TABLE N O . 48.—Number and deposits of national and District of Columbia nonnational banks l placed in receivership, period Apr. 14, 1865,
to Dec. Sly 1951, by groups, according to percentages of dividends paid to Dec. SI, 1951
Liquidation banks
Periods and bank groups

Dividends paid, 100 Dividends paid, 75 Dividends paid, 50 Dividends paid, 25 Dividends paid, less
than 25 percent
to 49.9 percent
percent and over
to 99.9 percent
to 74.9 percent
Number of
banks

Deposits

Number of
banks

Deposits

Number of Deposits
banks.

Receiverships completely liquidated and
finally closed or restored to solvency,
1865 to 1951 (2,979 banks):
Apr. 14,1865, to Oct. 31,1930—data for
individual annual report years unavailable; deposits prior to 1880 un163 $64, 572, 547
211
available for 84 banks (974 banks)..
208 $77,296,606
L,
1, 994,080
22
Nov. 1 1930, to Oct. 31, 1931
6
16 5,323,140
33
Nov. ]L, 1931, to Oct. 31, 1932
11 15,873,316
16 5, 549,989
4,412,925
21
Nov.]L, 1932, to Oct. 31, 1933
8
13 5,826, 514
4,431,721
17
Nov. L, 1933, to Oct. 31, 1934
8
18 8,517,835
5,083,636
34
Nov. L, 1934, to Oct. 31, 1935
28
29 11,801,668
56
Nov. L, 1935, to Oct. 31,1936
40 14,723,916
46 12,246,387
85
Nov. L, 1936, to Oct. 31, 1937
86 50, 715,003
80 38,690,969
_.. *76 33,477,651
106
Nov. L, 1937, to Oct. 31, 1938.
110 54,346, 379
42
Nov. L, 1938, to Oct. 31, 1939
26 20,910,457
61 58,631,031
38
Nov. L, 1939, to Oct. 31,1940
19 17,397, 983
36 43,639,246
18,147,843
6 42
Nov. L, 1940, to Oct. 31, 1941
39 68,673,118
57
26
Nov. L, 1941, to Dec. 31, 1942...
46 248,608,395
14 77,234,820
8
Jan. 1 1943, to Dec. 31, 1943
8 75,837, 758
6 16,260,257
5
Jan. 1 1944, to Dec. 31, 1944
1 4,613,782
3 412, 269, 316
1, 796, 607
0
Jan. 1 1945, to Dec. 31, 1945_
2
2,390, 914
1
0
0
Jan. 1 1946, to Dec. 31,1946
2
616,710
0
0
1
Jan. 1 1947, to Dec. 31, 1947
1 26, 966,990
0
1, 204,158
1
Jan. 1 1948, to Dec. 31, 1948
1
421,461
1
0
1
Jan. 1 1949, to Dec. 31, 1949
1 2,015, 717
0
5,058,728
0
Jan. 1 1950, to Dec. 31, 1950
0
0
2
0
0
Jan. 1 1951, to Dec. 31, 1951
0
0
0
Total 1931-1951 (2,005 banks)
342 700, 992,417
526 674, 718,003
538
Active receiverships as of Dec. 31,1951 (2
1 4,165,850
banks)—.
_0
0
0
550 i 778,289.023
690 743.456,400
749
Grand total (2,981 banks)
1
Including building and loan associations.
8
Deposits for banks restored to solvency unavailable.
' Exclusive of 1 receivership finally closed during year ended Oct. 31,1937, butreopened
as a receivership during the year ended Dec. 31,1944, and again closed during the year
ended Dec. 31,1948.
4
Exclusive of 1 receivership finally closed during year ended Oct. 31,1933, but reopened
as a receivership and again closed during the year ended Oct. 31,1938.
« Exclusive of 1 receivership finally closed during the year ended Oct. 31,1928, but re-




$66,952, 690
8,334,115
14,038, 797
9,692,212
10, 532, 532
13,854,445
18,483,929
38,027,988
56, 203,459
32,056,684
43, 319,262
76,497,725
72, 320,682
39,828,007
28, 787,475
0
0
183,818
305,253
2, 299, 269
0
0
464, 765, 652

Number of
banks

Deposits

Number of
banks

Deposits

156 $45,465,025

159 $30,828,899

29,
27
15
8
30
43
3 51
48
21
15
7 10
14
5
1
1
0
0
0
0
0
0
318

18
10
12
13
31
29
38
24
9
4
4
4
3
0
0
0
0
0
0
0
0
199

8,497,657
10,027,603
6,902,413
1,451,334
9,062,628
12, 556,918
19, 594, 780
16,991,046
10,103,204
9,332,899
10, 540, 731
52,025, 720
24,606,118
141,119
0
0
0
0
0
0
0
191,834,170

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
0
56, 948,864

Total banks
Number of
banks

Deposits

$285,115,767
91
29, 738, 938
97
47, 739, 776
69
29,929,256
64
26, 590,650
152
44,122, 328
214
62,463,442
340
154,448,954
364
167,176,781
159
123,971,181
112
121,694,861
102
182,060, 503
104
451,774,537
30
158,476, 582
10 445,811,692
4
4,187, 521
2
616, 710
2
27,150,808
3
1,930,872
2
4,314,9S6
2
5,058, 728
0
0
1,923 2,089, 259,106
897

Restored Total
to sol- all
vency banks
banks 2
Num- Number of ber of
banks banks

77

974

8
25
9
28
11
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
82

99
122
78
92
163
215
340
364
159
112
102
104
30
10
4
2
2
3
2
2
0
2,005

1
2
2
0
0
0
4,165,850
0
0
474 237,299,195
359 1 87,777,763 2,822 12,378,540,723
531,718, 342
159 1 2,981
opened as a receivership during the year ended Oct. 31,1940, and again closed during the
year ended Oct. 31,1941.
fi Exclusive of 1 receivership finally closed during the year ended Oct. 31, 1928, but
reopened as a receivership during the year ended Oct. 31,1940, and again closed during
the year ended Oct. 31,1941.
7
Exclusive of 1 receivership finally closed during the year ended Oct. 31, 1936, but
reopened as a receivership during the year ended Oct. 31,1937, and again closed during
the year ended Oct. 31, 1938. (Data relative to reopening andL5second final closing ineluded in report for year ended Oct. 31,1941.)

REPORT OF THE COMPTROLLER OF THE CURRENCY

189

49.—Liquidation statement, 2 receiverships in liquidation during year
ended Dec. 81, 1951
Number of banks
2

TABLE NO.

Collections:
Cash balances in hands of Comptroller and receivers at beginning
of period
$303,496
Collections from assets
245, 155
Earnings collected
229, 755
Total

778,406

Disposition of collections:
Disbursements for the protection of assets
Payments of receivers' salaries, legal and other expenses
Cash balances in hands of Comptroller and receivers at end of
period____
Total

2, 321
62, 354
713, 731
778,406

TABLE NO. 50.—Liquidation statement, 2 active receiverships as of Dec. 81, 19512
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

$12, 377, 410
8, 269, 965
309, 485
3, 594, 239
203, 721
12,377,410
8, 269, 965
503, 777
1, 197, 797
309, 485
10,281,024
3, 567, 759
4, 932, 204
309, 485
71, 541
640, 707
45, 597
713, 731
10, 2S1,O24

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 failure. _
Additional 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

210061—52
13



99.02
6. 68

190

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 51.—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

LOTJISIANA

2934

Commercial National Bank, Shir e v e p o r t

i_.

3600

Nov. 18,1886

1287

-_ _

May 20,1865

NETiV YORK

2697

Salt Springs National Bank, Syi*acuse2
Grand total (2.receivershii)S)
Total active (2 receivershi ps) . .
Total finally closed (0 receiverships)..
Total failures 1951 (0 recerFerships)
Total activity 1951 (2 recei verships) .

._ _ _
Progress of liquidation to date
of this report

Assets and assessments

Book value of
assets at date
of failure

Additional
assets
received
since date
of faUure

Assessments
upon shareholders

Total assets
and stock
assessments

Cash
collections,
from assets

Cash
collections
from stock
assessments

$4,979,086
6,365,136

$639,813
393,375

$800,000

$5,618,899
7,558,511

$3,673,090
4,596,875

$503,777

11,344,222

1,033,188

800,000

13,177,410

8,269,965

503,777

11,344,222

2934
2697

1,033,188

800,000

13,177,410

8,269,965

503,777

245,156

245,155

245,156

Disposition of proceeds of liquidation
Secured and
preferred
liabUities paid Cash advanced
except through
in protection
dividends,
On unsecured
of assets
including offsets
claims
allowed

Dividends paid by receivers

On secured
claims

Conservators'
salaries, legal
and other
expenses

Receivers'
salaries, legal
and other
expenses

$3,567,759
—

$3,504,561
1,737,128

$56,653
il4,888

$45,597

$224,814
415,893

3,567,759

2934
2697

5,241,689

71,541

45,597

640,707

3,567,759

5,241,689

71,541

45,597

640,707

2,321

62,354

» Receiver appointed to levy and collect stock assessment covering deficiency in value of assets sold or to
complete unfinished liquidation.




191

REPORT OP THE COMPTROLLER OF THE CURRENCY

1951, 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, 1951
Liabilities

Failure

Capital
stock at
date of

Date
receiver
appointed

Borrowed
money (bills
payable,
rediscounts,
etc.) at date
of failure

Deposits
at date of
failure

Additional
liabilities
established
to date of
report

Total liabilities established to
date of
report

Feb. 21,1936

$3,261,929

800,000
1,800,000
1,800,000

Jan. 22,1934

1,144,260
4,406,189
4,406,189

$242,632

$4,165,850
4,165,850
4,165,850

$3,504,561

2934

82,118
324,750
324,750

5,392,228
8,896,789
8,896,789

2697

*1

$1,000,000

»1

Progress of liquidation to date of this report—Continued
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

Book value of
uncollected
assets

Book value of
remaining
uncollected
stock
assessments

$712,293
485,504

$23,139
286,346

$4,408,522
5,872,502

$1,907,483
1,686,756

$15,187
188,534

$296,223

1,197,797

309,485

10,281,024

3,594, 239

203,721

296,223

1,197,797

309,485

10,281,024

3,594,239

203,721

2934
2697

296,223

229,755

474,910

1

Disposition of proceeds of
liquidation— C ontinued

Cash in hands
of Comptroller
and receivers

Amounts
returned to
shareholders
in cash

Amounts of
claims proved

$622,494
91,237

$3,638,730

713,731

3,638,730

713,731

3,638,730

410,235
2
3

Formerly in conservatorship.
Decrease.




Dividend
(percent)

97.5

Interest
dividend
(percent)

Date finally
closed

2934
2697

TABLE N O . 52.—Bank suspensions since inauguration of Federal deposit insurance, years ended Bee. 81, 1984 to 1951
Capital stock (in thousands of dollars)

Number
Year ended
Dec. 31—

1934
1935
1936
1937_
1938
1939.
1940
1941
1942
1943
1944
1945
1946
1947
1948
1949
1950.
1951

National

57
34
44
58
56
42
22
8
9
4
1

1
4
1
3
1
4
1
4

Member banks

Nonmember banks

Member banks
All
banks

Insured

State

2
1
3

2

Noninsured

8
22
40
47
47
25
18
3
6
2

48
8
3
6
7
10
3
1
3

21

All
banks

3,822
1,518
1,961
3,435
2,467
5,309
1,587
496
327
708
32

Nonmember banks
Insured

Noninsured

98

21,907

1

21

6

219

120

Includes capital notes and debentures, if any, outstanding at date of suspension.
2 Located in the State of Indiana.
3
Private bank located in the State of Georgia.
* Comprises 2 private banks (without capital) in the State of Georgia having total
deposits of $190,000; and 2 banks in the State of Texas—a commercial bank with capital
of $50,000 and total deposits of $1,007,000 and a private bank with capital of $75,000 and
total deposits of $1,246,000.
• Private bank located in the State of Georgia.




to

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

O

167

g

2,443
42
3,113

2,443
42
3,113

5,152

147,188

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

2,540

4,296

9,919

1,708
211
24,629

5,059

19,606

26,548

1,912
3,763
10,207
10,156
11,721
6,589
5,341
'503
1,375
1,241
405

Noninsured

120

650

125

344

Member banks
All
banks

125

671
25
3,600

416
633
1,678
2,004
2,052
1,204
1,452
118
272
58
32

31

«4
»1
«3

25
405
88
685
25
220
82
360

State

CO

Deposits (in thousands of dollars)

167

1
4
1
3
Total _ _-

National

l

53,213

47,821

• Comprises a commercial bank in the State of Kansas, and 2 private banks in the
State of Michigan.
NOTE.—Figures for banks other than national furnished by Board of Governors of
the Federal Reserve System, and represent associations closed to the public, either
temporarily or permanently, by supervisory authorities or directors of the banks on
account of financial difficulties. In the case of national bank suspensions these represent
actual failures for which receivers were appointed.

o

INDEX
Page

Affiliates of national banks
21
All banks (see also Banks; Mutual savings banks; National banks; Private
banks; State commercial banks):
Assets and liabilities of:
Comparison of, December 31, 1950 and 1951
.
18-20
December 31, 1951, by classes of banks in each State
137-177
December 31, 1951, summary by classes of banks
135-136
June 30 and December 31, 1940-51
182
Distribution of, December 31, 1951
18
Per capita demand and time deposits of individuals, partnerships,
and corporations in, December 31, 1951, by States
178-179
Suspensions. (See Failures of banks.)
Assessments: Upon shareholders of insolvent national banks
187, 189-191
Assets and liabilities of banks:
All banks:
Comparison of, December 31, 1950 and 1951
18-20
December 31, 1951, by States
137-145
December 31, 1951, summary by classes of banks
135-136
June 30 and December 31, 1940-51
182
National banks:
Call dates in 1951, summary and by States
10-11, 45-98
December 31, 1951, by States
.
146-153
June 30 and December 31, 1940-51
183
Percentage distribution of, December 31, 1948-51
12
Principal items of, according to size of banks (deposits), December 31, 1950 and 1951
.
41
State banks (see also District of Columbia):
All banks combined:
December 31, 1951, summary and by States. _ 135-136, 154-161
June 30 and December 31, 1940-51
184
Mutual savings: December 31, 1951, summary and by States._ 135-136,
170-173
Private: December 31,1951, summary and by States. . 135-136, 174-177
State commercial: December 31, 1951, summary and by States. 135-136,
162-169
Bank currency. (Se'e Federal Reserve notes; National bank circulation.)
Bank examinations. (See Examination of national banks.)
Banks (see also All banks; Assets and liabilities of banks; Mutual savings
banks; National banks; Private banks; State commercial banks):
All banks:
Distribution of, December 31, 1951
18
Insured and uninsured, December 31, 1951.
18
Member banks of Federal Reserve System, December 31,1951.18
193




194

INDEX

Banks—Continued
All banks—Continued
Number of:
Page
December 31, 1951, by States
137-139
June 30 and December 31, 1940-51
182
Suspensions. (See Failures of banks.)
Insured commercial banks: Number of, December 31,1951, by classes _
18
National banks:
Branches. (See Branches of national banks.)
"Calls" for reports of condition of, dates, 1914-51
43
Examination of. (See Examination of national banks.)
Failures. (See Failures of banks.)
Number of:
Call dates in 1951
10-11
Call dates in 1951, by States
45-98
December 31, 1951, by States
.
146-147
June 30 and December 31, 1940-51
183
Nonmember banks of Federal Reserve System, December 31,
1951 —
18
With surplus fund equal to or exceeding common capital
stock 1942-51
42
With surplus fund less than common capital stock 1942-51 _
42
State and private banks:
Number of:
December 31, 1951, by States
154-155, 162-163, 170, 174
June 30 and December 31, 1940-51
184
Supervisors of, name and title of in each State, December 31,
1951
180-181
Suspensions. (See Failures of banks.)
Uninsured, December 31, 1951
18
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, 1951. _
40
Number authorized and closed in year ended December 31,
1951, and number in existence December 31, 1951
17
Number authorized in year ended December 31, 1951, by States. 37-39
Foreign:
Location and summary of assets and liabilities of, December
31, 1951
123, 124
Number in operation December 31, 1951
124
Building and loan associations. (See District of Columbia.)
"Calls" for reports of condition of national banks, dates of 1914-51
43
Capital accounts. (See Assets and liabilities of banks; Earnings, expenses,
and dividends of national banks: Ratios.)
Capital stock of banks:
All banks:
December 31, 1951, by States
140-141, 144-145
June 30 and December 31, 1940-51
182




INDEX

195

Capital stock of banks—Continued
National banks:
Page
By size of banks (deposits) December 31, 1950 and 1951
41
Call dates in 1951, by States
45-98
Chartered in each State, in year ended December 31, 1951
33
December 31, 1951, by States
148-149, 152-153
Failed banks in charge of receivers, in year ended December
31, 1951
187, 189-191
Incident to consolidations with State and national banks, in year
ended December 31, 1951
35,36
June 30 and December 31, 1940-51
183
Liquidated banks, in year ended December 31, 1951
16-17, 34, 189
Preferred stock:
Retirable value of, on call dates in 1951
11
Total outstanding, December 31, 1951
16-17
State and private banks:
December 31, 1951, by classes of banks and by States
136,
160-161, 168-169, 171, 175
June 30 and December 31, 1940-51
184
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.
30
Deputy Comptrollers, names of, since organization of the Bureau and
periods of service.
30
Examination of national banks
22
Expenses of, calendar year 1951
23
Issue and redemption of notes
21-22
Liquidation of insolvent national banks
21
Organization and staff
22
Personnel
22
Condition of banks. (See Assets and liabilities of banks.)
Consolidations of banks:
Under act November 7, 1918, as amended:
Changes in capital, surplus, undivided profits, and total assets of
national banks incident to, in year ended December 31, 1951..
36
Changes in title of national banks incident to, in year ended
December 31, 1951
36
List of, in year ended December 31, 1951
36
Number of in each State
31-32
Under Public Law 706, August 17, 1950:
List of, in year ended December 31, 1951
35
Number of in each State
31-32




196

INDEX

Credit unions of the District of Columbia. (See District of Columbia.)
Demand deposits. (See Deposits.)
Deposits (see also Assets and liabilities of banks):
Page
All active banks, June 30 and December 31, 1940-51
182
Demand and time in all active banks, by classes in each State, December 31, 1951
144-145, 152-153, 168-169, 173,177
Insured commercial banks, December 31, 1951
18
National banks, at date of failure
187-191
Per capita demand and time of individuals, partnerships, and corporations in all active banks, December 31,1951, by States
178-179
Postal savings:
In all banks, December 31, 1951, by States
_-__ 144-145
In each class of banks, December 31, 1951, by States,- _ 152-153, 168-169
In national banks, call dates in 1951, by States
45-98
Size of national banks, according to, December 31,1950 and 1951
41
Suspended banks. (See Failures of banks.)
Uninsured banks, December 31, 1951
18
United States Government:
In all banks, December 31, 1951, by States
144-145
In each class of banks, December 31, 1951, by States
152-153,
168-169, 173, 177
In national banks, call dates in 1951, by States
45-98
District of Columbia:
Assets and liabilities of all banks in, by classes:
Call dates in 1951
55, 127, 128
December 31, 1951
125-126
Building and loan associations in: Supervision transferred to Home
Loan Bank Board
21
Credit unions of:
Reports requhed from in year ended December 31, 1951
21
Summary of assets and liabilities of, December 31, 1951
134
Summary of receipts and disbursements of, year ended December
31, 1951
134
Earnings, expenses, and dividends of banks in:
Losses charged off on loans and securities:
Years ended December 31, 1932-51
132, 133
Years ended December 31, 1950 and 1951, by classes of
banks
129-130
Ratios:
Years ended December 31, 1932-51
132, 133
Years ended December 31, 1950 and 1951, by classes of
banks
130
Years ended December 31, 1950 and 1951, by classes of banks.> 129-130
Receiverships of nonnational banks in
185-187
Reports required from banking associations in, in year ended December 31, 1951
20-21
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 31,1951. 115-117
By Federal Reserve districts, year ended December 31, 1951
112-114
By States, year ended December 31, 1951
104-111



INDEX

197

Earnings, expenses, and dividends of national banks—Continued
Losses charged off on loans and securities:
Page
Years ended December 31, 1932-51
121, 122
Year ended December 31, 1951, according to size of banks (deposits)
116-117
Ratios:
Dividends to capital stock and capital funds, years ended December 31, 1929-51
120
Net profits before dividends to capital stock and capital funds,
years ended December 31, 1929-51
120
Net earnings from current operations and net profits before
dividends per $100 of deposits, year ended December 31, 1951__ 117
Net earnings from current operations, net profits before dividends, and cash dividends per $100 of capital funds, year ended
December 31, 1951
117
Salaries and wages of officers and employees:
By size of banks (deposits), calendar year 1951
115
Years ended December 31, 1949-51
118
Summary, years ended December 31, 1949-51
118-119
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, 1951
22
Examiners and assistant examiners: Changes in number, during the calendar year 1951-___
22
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, 1934-51
192
National banks:
Assessments against stockholders
187, 189-191
Banks in charge of receivers in year ended December 31, 1951- 185-191
Capital at date of failure_.187, 189-191, 192
Circulation outstanding at date of failure
187, 189-191
Closed and active receiverships to December 31, 1951
185-191
Costs of liquidation of receiverships terminated
187
Deposits at date of failure of banks in charge of receivers in year
ended December 31, 1951
187-191
Dividends paid to creditors during year ended December 31, 1951,
and total dividends to December 31, 1951
185-191
Number, capital, and deposits: Since inauguration of Federal
deposit insurance, years ended December 31, 1934-51
192
Number of, by States, since beginning of system
31-32
Receipts and disbursements of Division of Insolvent National
Banks to December 31, 1951
185-187, 189
Receivership liquidation to December 31, 1951
185-191
Receiverships terminated, 1865-1951
185-191




198

INDEX

Failures of banks—Continued
State banks:
Page
In District of Columbia to December 31, 1951 _
185-187
Number, capital, and deposits of: Since inauguration of Federal
deposit insurance, years ended December 31, 1934r-51
192
Federal Deposit Insurance Corporation (see also Failures of banks): Classification of insured and uninsured banks, December 31, 1951
18
Federal Reserve notes: Issue and redemption of, in year ended December
31, 1951_
_._ 21-22
Fiduciary activities of national banks:
By Federal Reserve districts, December 31, 1951
100
Classification of investments in living and court trust accounts under
administration segregated according to capital of banks, December
31, 1951
101
December 31, 1951, by States
102-103
December 31, 1951, segregated according to capital* groups
99
Foreign branches of national banks, location, and summary of assets and
liabilities of, December 31, 1951
123, 124
Government bonds. (See Investments; United States Government securities.)
Holding company affiliates of national banks, number of, December 31,
1951
21
Insolvent banks. (See Failures of banks.)
Insured banks. (See Failures of banks; Federal Deposit Insurance Corporation.)
Interbank deposits. (See Assets and liabilities of banks.)
Interest. (See Earnings, expenses, and dividends of national banks.)
Investments of banks:
All banks:
December 31, 1951, by States
137-139
December 31, 1951, by classes of banks
135
June 30 and December 31, 1940-51
182
National banks:
By size of banks (deposits), December 31, 1950 and 1951
41
Call dates in 1951, summary and by States
10, 45-98
December 31, 1951, by States
146-147
June 30 and December 31, 1940-51
183
Losses charged off on:
According to size of banks (deposits), year ended December
31, 1951
116-117
Year ended December 31, 1951, by States and Federal Reserve districts
108-109, 113
Years ended December 31, 1932-51
122
State and private banks: December 31, 1951, by classes of banks and
by States
135, 154-155,162-163,170, 174
Liabilities. (See Assets and liabilities of banks.)
Liquidation of national banks (see also Failures of banks):
Capital, date, and title of banks, in year ended December 31, 1951,
with names of succeeding banks in cases of succession
34
Number of banks, in each State, since beginning of system
31-32
Summary, in year ended December 31, 1951
16-17




INDEX

199

Loans and discounts of banks:
All banks:
Page
December 31, 1951, classification of, by States
142-143
December 31, 1951, classification of, by classes of banks
135
June 30 and December 31, 1940-51
182
National banks:
By size of banks (deposits), December 31, 1950 and 1951
41
Call dates in 1951, summary and by States
10, 45-98
December 31, 1951, classification of, by States
150-151
June 30 and December 31, 1940-51
183
Interest and discount earned on:
According to size of banks (deposits), year ended December
31, 1951
115
Year ended December 31, 1951, by States and Federal Reserve districts
104-105, 112
Years ended December 31, 1949-51
118
Losses charged off on:
According to size of banks (deposits), year ended December
31, 1951
116, 117
Year ended December 31, 1951, by States and Federal Reserve districts
108-109, 113
Years ended December 31, 1932-51
121
Real estate loans of, December 31, 1951, by States
150-151
States and private banks: December 31, 1951, classification of, by
States
158-159, 166-167, 172, 176
Losses. (See Earnings, expenses, and dividends of national banks; Failures
of banks.)
Mergers. (See Consolidations of banks.)
Municipal bonds. (See Investments of banks.)
Mutual savings banks:
Assets and liabilities of: December 31, 1951, by States
170-173
Insured, December 31, 1951
18
Uninsured, December 31, 1951
18
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, 1951
187
Outstanding December 31, 1951
18
National Bank Examiners. (See Examiners and assistant examiners.)
National banks:
Affiliates of, number, December 31, 1951
21
Assets and liabilities of:
Call dates in 1951, by States
45-98
December 31, 1951, by States
146-153
Principal items of, according to size of banks (deposits), December
31, 1950 and 1951
41
Principal items of, June 30 and December 31, 1940-51
183
Branches. (See Branches of national banks.)
By size of banks, on basis of deposits, December 31, 1950 and 1951 __
41
"Calls" for reports of condition of, dates, 1914-51
43
Capital stock. (See Capital stock of banks.)




200

INDEX

National banks—Continued
Page
Charters granted, in year ended December 31, 1951
33
Consolidations. (See Consolidations of banks.)
Conversions of State banks to, in year ended December 31, 1951, list of_
33
Deposits. (See Deposits.)
Dividends. (See Earnings, expenses, and dividends of national banks;
Failures of banks.)
Earnings and expenses. (See Earnings, expenses, and dividends of
national banks.)
Failures of. (See Failures of banks.)
Fiduciary activities. (See Fiduciary activities of national banks.)
Holding company affiliates of, number, December 31, 1951
21
Insolvent. (See Failures of banks.)
Investments. (See Investments of banks.)
Liquidation of, in year ended December 31, 1951
16-17, 21, 34
Loans and discounts. (See Loans and discounts of banks.)
Number of:
Call dates in year 1951, by States.
45-98
Chartered and closed: Since February 25, 1863
31-32
In existence December 31, 1951, by States
31-32
June 30 and December 31, 1940-51
183
With surplus fund equal to or exceeding common capital stock
1942-51
.___
42
With surplus fund less than common capital stock 1942-51
42
Officers and employees, number and salaries of:
By size of banks (deposits), calendar year 1951
115—117
Year ended December 31, 1951, by States and Federal Reserve
districts
106-107, 112
Years ended December 31, 1949-51
118
Reports required from, in year ended December 31, 1951
20
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 1951
115-117
Year ended December 31, 1951, by States and Federal Reserve
districts
106-107, 112
Years ended December 31, 1949-51
118
Organization of national banks:
Charters granted, which were conversions of State banks in year
ended December 31, 1951
33
Charters granted, in year ended December 31, 1951, list of, by States- _
33
Number of, by States, from February 25,1863, to December 31,1951 __ 31-32
Summary, in year ended December 31, 1951
16-17
Per capita demand and time deposits of individuals, partnerships, and
corporations, in all active banks, December 31, 1951, by States
178-179
Personnel. (See Comptroller of the Currency, Office of.)
Population, United States, December 31, 1951, by States
137-139




INDEX

201

Possessions:
Assets and liabilities of banks in:
Page
All banks, December 31, 1951
137-145
Banks other than national, December 31, 1951
154-169, 174-177
National banks, call dates in 1951
48, 58,94
National banks, December 31, 1951
146-153
Earnings, expenses, and dividends of national banks in, year ended
December 31, 1951
104r-lll
Per capita demand and time deposits of individuals, partnerships,
and corporations, of all banks in, December 31, 1951
179
Postal savings. (See Deposits.)
Private banks:
Assets and liabilities of: December 31, 1951, by States
174-177
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, 1951
20
Reserve with Federal Reserve banks. (See Assets and liabilities of banks.)
Salaries and wages of officers and employees of national banks. (See
Earnings, expenses, and dividends of national banks.)
Savings banks. (See Mutual savings banks.)
Securities. (See Investments of banks; United States Government securities.)
State bank failures. (See Failures of banks.)
State banking officials: Name and title of, in each State, December 31,
1951
180-181
State commercial banks:
Assets and liabilities of, December 31, 1951, by States
162-169
Insured, December 31, 1951
18,180-181
Member banks of the Federal Reserve System, December 31, 1951__
18,
180-181
Nonmember banks of the Federal Reserve System, December 31,
1951
_
18, 180-181
Suspensions. (See Failures of banks.)
Uninsured, December 31, 1951
18, 180-181
Stock savings banks. (See State commercial banks.)
Supervisors of State banks, name and title of, in each State, December
31, 1951
180-181
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, 1948-51
12
Trust companies. (See State commercial banks.)
Trust powers of national banks. (See Fiduciary activities of national
banks.)
United States Government deposits. (See Deposits.)




202

INDEX

United States Government securities:
All banks:
Page
December 31, 1951, by States
137-139
December 31, 1951, by classes of banks
135
June 30 and December 31, 1940-51
182
National banks:
By size of banks (deposits), December 31, 1950 and 1951
41
Call dates in 1951, by States
_,
45-98
December 31, 1951, by States
146-147
June 30 and December 31, 1940-51
183
State and private banks:
December 31, 1951, by States
154-155, 162-163, 170,174
June 30 and December 31, 1940-51
184
Voluntary liquidation of national banks. (See Liquidation of national
banks.)




o