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NINETY-FIRST ANNUAL REPORT
OF THE
Comptroller of the Currency
1953
WASHINGTON : 1954
TREASURY DEPARTMENT
Document No. 3191
Comptroller of the Currency
LETTER OF TRANSMITTAL
TREASURY DEPARTMENT,
OFFICE OF THE COMPTROLLER OF THE CURRENCY,
Washington, D. C, June 30, 1954.
In accordance with the provisions of section 333 of the United
States Kevised 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 1953.
Respectfully,
SIRS:
RAY M. GIDNEY,
Comptroller of the Currency.
THE PRESIDENT OF THE SENATE.
THE SPEAKER OF THE HOUSE OF REPRESENTATIVES.
HI
ANNUAL REPORT
OF THE
COMPTROLLER OF THE CURRENCY
The status and affairs of the national banking system at the end
of 1953 may be described as sound in asset quality and capital strength,
adequately liquid, reasonably profitable, expanding in number of
banking offices through the establishment of branches, and contracting
in number of unit banks because of consolidations, mergers, or sales
to purchasing banks.
The 4,864 national banks had total resources of $110 billion and
deposits of $101 billion at the end of the year. This represents
approximately 50 percent of the banking resources and deposits in
the nation's commercial and savings banks. State chartered banks
and trust companies, exclusive of mutual savings banks, numbered
9,146 at the end of 1953 and had total resources of $84 billion. Five
hundred and twenty-eight State chartered mutual savings banks
had total resources of $27 billion.
The asset structure of the 4,864 national banks did not change
to any marked extent during the year although loans increased $1.8
billion, more than absorbing a $1.7 billion increase in the deposit
structure, to an all-time high level of $38.5 billion, exclusive of $554
million of valuation and general reserves for bad debts. U. S. Government obligations were reduced $348 million to $35.6 billion, and
holdings of municipal, corporate, and special revenue bonds were
increased $258 million to $8.4 billion.
The adequately liquid position maintained by the national banking
system is apparent in the fact that cash, balances due on demand
from correspondent banks, and United States bonds were equal at
the year end to 81.5 percent of demand deposits and 62 percent of
total deposit liabilities.
In furtherance of an important objective of the Comptroller's
office that national banks be adequately capitalized, new capital
stock was sold by 165 banks in 1953 to yield over $80 million of
additional strength to their capital structures. During the year,
shareholders of national banks approved 256 dividends payable in
common stock in the sum of almost $50 million. For the eight year
period ending with 1953 capital sale programs by 1,186 national
banks have provided $554 million of additional capital funds.
The 4,849 national banks which were in the system for the entire
year, increased their capital structures $402 million and added $39
million to reserves for bad debts. Not including the banks that
entered or left the national system during the year, the increase in
2
REPORT OF THE COMPTROLLER OF THE CURRENCY
capital structures and reserves of national banks in 1953 was $441
million.
Including $554 million of reserves for bad debts and valuation
reserves, the capital structures of all national banks at the end of
1953 amounted to nearly $8 billion. In relation to $110 billion of
assets, less $67.4 billion of assets represented by cash or its equivalent, United States Government securities, and loans guaranteed or
insured by agencies of the Federal Government, the national banking
system held $1 of capital funds, valuation reserves, and reserves for
bad debts as protection for the risk involved in each $5.43 ($5.55 at
the end of 1952) of its remaining loans, municipal and corporate
bonds, and other assets.
Although the volume increased, assets (largely loans) classified
"substandard" or "doubtful" by national bank examiners during
their second round of examinations in 1953 aggregated $420 million,
an amount less than the reserve for bad debts and equal to only 5.3
percent of capital accounts and reserves. "Especially mentioned"
loans which involve credit weaknesses of a lesser degree were listed
in reports in the amount of $781 million, a 14.9 percent increase
over 1952, but equal to only 9.8 percent of capital structures and
reserves. Normally, only a minor proportion of "especially mentioned" loans deteriorate to a point warranting their subsequent
classification as "substandard," "doubtful," or "loss."
Mimeograph No. 6209 was issued on December 8, 1947, by the
Internal Revenue Service prescribing a formula whereby, in lieu of
awaiting occurrence of specific losses on loans, commercial banks
could establish and maintain reserves for bad debts as permitted
under the Internal Revenue Code. Loans on which losses ultimately
develop are made usually during periods of prosperity, but the losses
may not become apparent until a period in which economic conditions are less favorable. The reserve formula is based upon the sound
premise that a normal proportion of loss may be expected in the
business of lending and it is appropriate that such loss be regarded
as a legitimate business expense against which a reasonable tax free
reserve should be established. The formula prescribed by Mimeograph No. 6209 bases the reserves primarily upon the loan loss experience of each bank over the preceding 20-year period. Because of the
upward swing of the business cycle which commenced in 1934 and
the consequent low loss experience during subsequent years, permissible bad debt reserves which are based only on the low loss
experience of recent years may be insufficient to meet future needs.
This situation has been accentuated by the sharp upward trend in
loan volume since 1946. Careful studies were instituted to determine whether an appropriate revision of the formula could be made
and in April 1954 the Internal Revenue Service issued supplemental
Mimeograph No. 54-55, applicable to taxable years after December
31, 1953, which permits a bank, as an alternative to the existing
method, to use an average experience factor based on any 20 consecutive years of its own experience after the year 1927.
The aggregate sum of the reserves for bad debts established on the
moving average basis and maintained by 2,523 national banks as of
December 31, 1953, was $483,916,000. The 2,523 national banks
maintaining such reserves held gross loans of $34.4 billion, or 89 per
REPORT OF THE COMPTROLLER OF THE CURRENCY
3
cent of the loans held by the 4,864 banks in the national banking system. The reserves for bad debts are equal to 1.41 percent of the
loans held by the 2,523 national banks concerned.
Loans and discounts held by the national banking system remained
relatively steady as to amount during the first half of 1953. The fall
expansion was less than that expected, based on the similar 1952
period, and was probably influenced to a large degree by a lower
rate of additions to inventories, and adjustments involved in shifting
industrial production from war materiel to civilian goods. Commerical
and industrial loans of $16.5 billion as of December 31, changed little
from the September 30 figure, and were down only 2.5 percent from
December 31, 1952. Loans to brokers and for the purpose of purchasing or carrying stocks, bonds, and other securities advanced
10.7 percent in the year to $1,659 million.
The volume of consumer credit, repair, modernization, other installment and single payment loans continued to enlarge. They reached
a level of $8.1 billion on December 31, a 14 percent gain through the
year. However, the year-to-year gain in 1953 fell short of the experience in previous years. For the first time in any one year since
it has been reported separately, retail automobile installment paper
in national banks at the year end, amounting to $2.5 billion, dropped
slightly below that held at the end of an earlier quarter. The aggregate of consumer credit extended by all commercial banks and finance
companies as of December 31, 1953, was $22 billion of which commercial banks held $8.8 billion, or 40 percent. The national banking
system held $5.9 billion of strictly installment type credit which,
after adjustment for non-consumer-type loans and hypothecated
deposits, represented 59 percent of all consumer credit loans in the
hands of commercial banks.
In the overall picture, the general trend of total gross loans of $38.5
billion at the year end continued its upward swing led by the heavy
gain in loans to farmers directly guaranteed by Commodity Credit
Corporation. These loans on December 31, 1953, totaled $1.1 billion
as opposed to the year's low point of $115,039,000 on June 30, a
gain in 6 months of over 900 percent, and up $861 million, or 280
percent for the year. This advance alone accounted for nearly 46
percent of the year's rise in all loans and discounts. The newly
established program of the Commodity Credit Corporation whereby
participations in pooled commodity loans were made available in
convenient form resulted in many national banks being attracted
into this field.
New housing starts in the United States of 1,050,000 units in 1953
costing $11.9 billion resulted in the maintenance of a strong demand
for mortgage money and the upward trend in residential real estate
mortgage lending which reached a level in national banks of $6.9
billion in December, a gain of 6.37 percent for the year. The total
increase of $415 million in the three mortgage loan categories, Federal
Housing Administration, Veterans' Administration, and Conventional
in 1953 was less than for the year 1952 with the greatest difference
occurring in loans insured by the Federal Housing Administration
where the rate of gain fell off 5.2 percent.
Certain categories of loans were less in amount but were offset
by others that gained, and the 5.1 percent advance in the aggregate
4
REPORT OF THE COMPTROLLER OF THE CURRENCY
since December 31, 1952, indicates that the national banking system
continues to accept its full share of responsibility in meeting the
essential credit needs of the country.
Investment securities of national banks continue to constitute
a major element of strength from the standpoints of asset quality
and liquidity in the asset structure of the national banking system.
The range in maturities of United States Bonds, municipal and other
investment securities is significant. The following table is illustrative:
Recapitulation by Maturities
[United States bonds as of Dec. 31,1953; municipal and other bonds as of various examination dates during
the last half of 1953]
[Figures in millions of dollars]
United
States
bonds
Short term (maturing up to 5 years)
Medium term (maturing between 5 and 10 years)
Long term (maturing after 10 years)
Total
Special
General
revenue
obligation municipal Total
municipal authority
bonds
and corporate bonds
i 26,833
5,888
2,842
2,804
1,542
1,158
1,828
440
538
31,465
7,870
4,538
35, 563
5,504
2,806
43,873
i Includes nonmarketable bonds of $1,318,000,000.
As compared to a similar table as of December 31, 1952, United
States bonds have decreased 1 percent; the overall investment securities have decreased 0.6 percent. These decreases are relatively
small as compared to the 5.1 percent increase in loans and discounts
in the same interim. General obligations of municipalities, over the
same period, increased 4 percent, reflecting appreciation of tax advantage through such holdings as well as the attractiveness of many of
the issues themselves.
The credit strength of general obligations of municipalities, corporate issues and special revenue municipal authority obligations held
by national banks continues to be at a high level.
In the above table, special revenue bonds issued by municipal
authorities approximated $720 million. This type of financing is
becoming increasingly important and, as a natural consequence,
larger holdings of such issues are being carried in the investment
accounts of national banks. The holdings, however, are not an
important percentage of the investment securities as a whole.
The aggregate investment in bank premises owned and furniture
and fixtures, now equal to 10.9 percent of capital accounts, continues
to expand at a rapid rate although the net year-to-year increase in 1953
was slightly less than the highest gain which occurred in 1952. The
Office of the Comptroller considered an increased number of proposals
to construct new banking houses, the cost of which would exceed the
amount of the capital stock of the applying bank. Section 24A,
paragraph 1, of the Federal Reserve Act prohibits a national bank
from investing in its bank premises an amount in excess of its capital
stock without the approval of the Comptroller of the Currency. In
most of the cases, existing capital structures were sufficiently large to
REPORT OF THE COMPTROLLER OF THE CURRENCY
5
justify approval. However, in a few instances the sale of additional
capital stock was required as a condition of approval. The activity
is accounted for by the remodeling of outmoded structures and the
construction of buildings to house head offices and many new branches
to accommodate expanding business. The following table reflects
the trend of the aggregate of fixed asset investments for a period of
5 years:
[Amounts in thousands of dollars]
Bank prem- Percent of Net increase Percent
ises owned,
each year
capital
of infurniture
after depreci- crease
ation
and fixtures accounts
Year
1949 .
1950__
1951
1952
1953
-
.
...
_-.
599,582
636,825
683,826
747,912
807, 527
10.10
10.06
10.25
10.59
10.90
26,025
37,243
47,001
64,086
59, 615
4.5
6.2
7.4
9.4
8.0
The examination report form was revised in 1953 to incorporate in
one specific section all matters pertaining to internal audit controls.
This was done in order to assist bank managements and the Comptroller in determining the adequacy of the internal controls and auditing procedures in each bank and to initiate and facilitate corrective
measures where necessary. A review of the information developed by
the use of the revised form of report in banks with less than $7,500,000
total resources, which ordinarily do not employ a full-time auditor,
discloses that the exceptions most frequently occurring are, (1)
inadequate control of vault cash, (2) lack of sole access on the part of
tellers to the cash for which they are responsible, (3) instances where
employees are allowed to receive deposits and post ledgers without the
employment of mechanical or other safeguards, and (4) where officers
and employees do not take at least 2 consecutive weeks' annual
vacation.
Much constructive work has been done by the managements of
banks, the American Bankers Association, the National Association of
Bank Auditors and Comptrollers, and the State and Federal bank
supervisory agencies in developing stronger auditing and control
procedures. The efforts of the Comptroller of the Currency will be
continued to reduce or eliminate those weaknesses which still exist.
In order to facilitate and provide for a fuller and more complete disclosure of the amount of loans, certificates of interest and obligations,
or portions thereof, held by national banks which were fully backed or
insured by agencies of the United States Government, the report of
condition form used for the December 31, 1953, call was amended to
include two new Memoranda items. The Board of Governors of the
Federal Reserve System and the Federal Deposit Insurance Corporation, in conjunction with the 48 State banking departments, made
provisions for State chartered banks to include the same information
in their published statements. The reporting of either of these items
was made optional with the banks. Approximately 30 percent of the
national banks reported amounts in one or the other of the items on
December 31, 1953.
On December 31, 1953, 447 national banks were operating a toial
6
REPORT OF THE COMPTROLLER OF THE CURRENCY
of 2,607 branches and 7 seasonal agencies. National banks are permitted to establish branches in only those States where State banks
are permitted by State laws to establish branches. The following
table shows the States in which National and State banks operate
branches, the number of National and State banks engaged in branch
banking and the number of branches in operation in the respective
States, territories and possessions as of December 31, 1953.
State
Number of Number of
national
national
banks
bank
operating branches
branches
Alabama
Alaska
Arizona
Arkansas
California
__.
Colorado 1
Connecticut
_
Delaware
District of Columbia..
Florida^
Georgia
Hawaii
Idaho
Indiana
Iowa
Kentucky
Louisiana
Maine
Maryland—
Massachusetts
Michigan
Minnesota i_
MississippiNebraska *
Nevada
New Hampshire 1
New Jersey
New Mexico
New York
North Carolina
North Dakota..
Ohio
Oregon
Pennsylvania
Rhode Island...
South Carolina
South Dakota
Tennessee
Utah
_.
Vermont
Virginia...
Virgin Islands.
Washington
Wisconsin i.
Total..
Total
Number of
State com- Number of branches
mercial
of comState
banks
mercial
bank
operating branches banks in
branches
State
25
4
50
1
800
32
24
25
46
13
20
105
114
6
7
2
14
1
102
7
251
37
1
1
6
18
37
1
15
8
7
2
9
3
4
47
121
24
33
20
26
33
64
18
135
2,614
26
5
71
21
1,026
1
76
33
46
2
49
50
64
138
163
55
92
82
136
212
306
6
76
2
20
2
205
21
901
270
22
302
115
307
57
66
51
117
32
11
127
1
166
150
3,067
5,681
38
6
1
103
14
650
233
22
183
22
131
47
19
29
54
14
7
78
119
93
176
10
47
22
63
18
4
49
1
148
15
447
1
1
21
20
226
1
44
33
22
2
18
29
9
82
163
30
46
69
116
107
192
1,034
1 Indicates States do not at present permit the establishment of branches.
The total resources of the 447 national banks operating branches
amounted to $60.5 billion, or 75 percent of the total resources held by
the 3,160 national banks operating in those States where the establishment of branches is permitted.
Applications for permission to establish 374 branches were received
by the Comptroller in 1953. Preliminary approval was given to 276 of
these applications, 70 were denied, 12 were withdrawn, and 16 were in
process of investigation at the year end.
REPORT OF THE COMPTROLLER OF THE CURRENCY
7
During the year ended December 31, 1953, 218 certificates were
issued to 166 national banks authorizing the opening or establishment
of branches approved during 1953 or in prior years. Of the 218
branches thus authorized, 125 were in places other than the cities in
which the parent banks are located. The newly authorized branches
fall in the following categories:
Branches established at locations of existing banking units in connection
with bank combinations:
Number
At locations of head offices of State banks taken over by purchase of
assets and assumption of liabilities
15
At locations of branches of State banks taken over by purchase of
assets and assumption of liabilities
4
At locations of head offices of national banks taken over by purchase of
assets and assumption of liabilities
28
At locations of branches of national banks taken over by purchase of
assets and assumption of liabilities
5
At locations of head offices of State banks merged into or consolidated
with national banks___
6
At locations of branches of State banks merged into or consolidated
with national banks
6
At locations of head offices of national banks consolidated with or
merged into other national banks
11
At locations of branches of national banks consolidated with or merged
into other national banks
Total
Branches established at locations where no previous banking services were
performed
Total
75
143
218
A further analysis shows that the 218 newly authorized branches
were in the following categories:
Number
In suburban areas of large cities
In cities with population less than 5,000 (includes 48 communities that were
bankless prior to the establishment of a branch)
In cities with population from 5,000 to 25,000
In cities with population from 25,000 to 50,000
In cities with population of over 50,000
Total
By banks with less than $10,000,000 total resources
By banks with total resources of $10,000,000 to $25,000,000
By banks with total resources of over $25,000,000
Total
7
82
42
32
55
218
33
56
129
218
During the year ended December 31, 1953, 26 branches were discontinued (as compared to 13 in 1952) under the following circumstances :
Number
Upon action of the boards of directors of the parent banks
Through consolidation or merger with and sale of assets of parent banks to
other national banks
Through consolidation or merger with and sale of assets of parent banks to
State banks
Total
8
5
13
26
8
REPORT OF THE COMPTROLLER OF THE CURRENCY
Of the 218 branches authorized, 210 were operating on December 31,
1953. There was a net gain of 184 operating branches during the
year as compared to 163 in 1952.
The following schedule shows the number of branches authorized
and the number of applications rejected during the last ten years:
•
1945
1946
1947
1948
1949
1950
1951
1952
1953
__
22
4
57
38
85
56
108
50
108
29
100
37
159
46
153
54
177
71
218
79
1,187
464
_ . ,_
26
95
141
158
137
137
205
207
248
297
1,651
Branches authorized
Applications rejected
Total
Total
1944
The branches authorized, as listed in the above schedule, include
only those branches which opened for business during the respective
years. Some of the applications for permission to establish the
branches were received in preceding years. Likewise, some of the
applications which were rejected were received in the next preceding
year.
During 1953, 20 banks (13 national, 7 State) consolidated with 18
national banks; 2 banks (1 national, 1 State) merged with 2 national
banks during the same period. The 22 absorbed banks had total
deposits of $284,551,378 and total capital structures of $23,778,400.
Approximately $77,000,000 of assets were brought into the National
Banking System by reason of the 8 State banks being consolidated
and merged with national banks. The shareholders of the 22 banks
received cash and book value stock of the continuing banks aggregating $25,272,589, or $1,494,189 in excess of the aggregate book
value of the assets which those banks contributed to the mergers or
consolidations. This excess amounted, on the average, to .52 percent
of the aggregate deposits acquired by the continuing banks.
Thirteen national banks with common capital stock of $8,739,100
and assets of $304,292,034 left the National Banking System by
reason of having been merged or consolidated with and into 13 State
banks.
Two national banks with common capital stock of $285,000 and
assets of $21,188,133 were converted into State banking associations.
Three State banks with common capital of $503,000 and assets of
$13,691,068 were converted into national banking associations.
Thirty-seven national banks assumed the deposit liabilities of 27
other national banks and of 16 State banks in consideration for purchase of assets. Nine State banks assumed the deposits of nine
national banks in consideration for the purchase of assets. The
banks purchased by national banks had total deposits of $95,085,372,
and total capital structures amounting to $17,101,441. Approximately $64,400,000 of assets were brought into the National Banking
System by reason of the purchases of 16 State banks by national
banks. The nine national banks purchased by State banks had
assets of approximately $65,000,000.
The purchasing national banks, in addition to assuming the selling
banks7 deposit liabilities, paid them $29,961,465 in cash. The cash
payments amounted to $3,860,024 in excess of the book value of the
selling banks' assets, or an average of 4.06 percent of the assumed
deposits. It should be noted that in such transactions payment may
cover assets having value in excess of that shown as book value.
9
REPORT OF THE COMPTROLLER OF THE CURRENCY
In only a very small number of cases does the sale and liquidation
of a national bank, or merger or consolidation, result in the termination of banking facilities in its community. Such facilities are usually
continued by means of a branch of the absorbing bank established on
the premises of the liquidating, merged or consolidated bank. The
records show that 321 national banks ceased operations between
January 1, 1946, and December 31, 1953, but only 9 bankless communities resulted. In these cases, the size of the communities did
not appear large enough to assure profitable operation of a branch or
unit bank.
The usual causes of national banks' selling out, merging, consolidating or liquidating are four in number, namely,
1. Attractive prices offered which the owners find it difficult or
unwise to refuse.
2. Problems of replacing aged management.
3. Desire of owners, for various reasons, to sell their bank at the
best price obtainable.
4. Desire of owners to merge or consolidate so as to create a larger
bank better able to serve the community, cope to better advantage with other banking competition, and to effect more profitable operations.
The national banking system continued to maintain its record of
satisfactory earnings throughout 1953. (A detailed commentary on
1953 earnings appears elsewhere in this report.) The following data
are of interest as they disclose the trend since 1935 of national bank
earnings and expenses per one hundred dollars of (1) assets and (2)
capital funds:
Earnings, expenses, etc., of national banks for the years ended Dec. 81, 1935, 1940,
1945, 1950, and 1953
[•Indicates amounts in millions of dollars]
1935
*Total assets at close of year
"•Total capital accounts at close of year
•Gross earnings
Per $100 of assets
Per $100 of capital funds
•Gross expenses
Per $100 of assets
Per $100 of capital funds
*Net earnings from operations
Per $100 of assets
Per $100 of capital funds
*Net asset losses or recoveries (including bond profits, etc.)
Per $100 of assets
Per $100 of capital funds
•Taxes (income)
Per $100 of assets
Per $100 of capital funds
•Net profits before dividends
Per $100 of assets
Per $100 of capital funds
•Cash dividends
Per $100 of assets
Per $100 of capital funds
•Retained earnings
Per $100 of assets
Per $100 of capital funds
1940
1945
1950
1953
28,218
3,105
794
$2.81
$25.58
549
$1.94
$17.69
245
$.87
39,734
3,536
865
$2.18
$24.45
599
$1.51
$16.95
266
$.67
$7.50
90, 536
4,656
1,349
$1.49
$28.98
817
$.90
$17. 54
532
$.59
$11.44
97,240
6,329
2,193
$2.26
110,117
7,410
3,068
$2.79
$41.41
1,845
$1.68
$24.90
1,223
$1.11
$16.51
-87
-$.31
-$2.78
-24
-$.06
+128
+$.14
+$2.75
+$.03
+$.41
170
$.19
$3.66
490
$.54
$10. 53
156
$.17
$3.34
334
$.37
$7.19
256
$.26
$4.04
626
$.65
$9.89
230
$.24
$3.63
3 396
$.41
$6.26
-$.67
00
00
158
$.56
$5.11
113
$.40
$3.65
45
$.16
$1.46
242
$.61
$6.83
134
$.34
$3.77
108
$.27
$3.06
$34.65
1,337
$1.38
$21.13
856
$.88
$13. 52
1+26
i -151
-$.14
-$2.05
466
$.42
606
$.55
$8.18
275
$.25
$3.71
3 331
$.30
$4.47
1
Exclusive of transfers to and from reserve for bad debts and other valuation reserves on loans and
securities but including net losses charged to these reserves.
2
Not called for separately. Included with other taxes in gross expenses. Total taxes paid were $43 million
in 31935, $66 million in 1940.
Includes funds transferred to reserve for bad debts and valuation reserves less the amount of assets
charged off against such reserve accounts.
10
REPORT OF THE COMPTROLLER OF THE CURRENCY
There is a marked similarity in the growth of assets and gross
operating expenses between the years 1935 and 1953. Total assets
increased 290 percent, gross operating earnings 286 percent, and gross
operating expenses 236 percent over the 18-year period. Gross operating expenses, plus income taxes, increased 321 percent.
Gross earnings per $100 of assets increased steadily since 1945,
reflecting the shift from United States Government securities to
higher income-producing loans, and the $2.79 of gross earnings per
hundred dollars of assets in 1953 is quite similar to the $2.81 per
hundred dollars of assets in 1935. Gross expenses per hundred
dollars of assets show a like trend, i. e., a sharp increase since 1945,
and the $1.68 gross cost of administering each hundred dollars of
assets during 1953 compares favorably with the $1.94 cost of 1935.
(The latter figure includes a very small amount of income tax payments, whereas the 1953 figure is exclusive of all income tax expense.)
The sharp increase in operating costs since 1945 is due to various
factors, such as general salary and wage increases, added personnel
necessary to supervise and service larger loan portfolios, and a 47
percent increase in interest rates paid on time and savings deposits.
Net profits before dividends, but after all losses, recoveries, bond
profits, and taxes, have maintained a fairly steady trend per hundred
dollars of assets. The low point was 54 cents per hundred in 1945,
the high point 65 cents in 1950. Net profits before dividends per
hundred dollars of capital funds showed to best advantage in 1945
because of the relatively small capital accounts in relation to total
assets and greater than normal profits from the sale of securities.
The provision of more adequate capital structures, coupled with
greater than normal losses from the sale of securities during 1953,
served to reduce net profits before dividends to $8.18 per hundred
dollars of capital accounts.
Cash dividends per hundred dollars of capital accounts have not
fluctuated to any marked extent during the past eighteen years and
amounted to $3.71 in 1953. Retained earnings per hundred dollars
of capital accounts show a much wider range of fluctuation, largely
the result of a greater need since 1945 to strengthen capital accounts
and the adoption in 1947 by many banks of the reserve for bad debts
program. It should be pointed out that the amounts of retained
earnings for 1950 and 1953 include funds transferred to reserve for
bad debts and valuation reserves which may be used only to absorb
asset losses. If these funds were to be transferred back to the
undivided profits accounts of the banks concerned, the amount would
be reduced substantially by tax payments.
Legislation Enacted
Public Law 28 of the 83d Congress, approved May 18, 1953,
amended section 5210 of the United States Revised Statutes by eliminating the requirement that a list of the shareholders of every national
bank be furnished to the Comptroller of the Currency each year, and
by substituting a requirement that any national bank must transmit
a copy of its list of shareholders to the Comptroller within ten days
of any demand for such a list made by him. This legislation, which
REPORT OF THE COMPTROLLER OF THE CURRENCY
H
was enacted at the request of the Comptroller, has resulted in savings
to the national banks, and in economies in the Comptroller's Office.
While this legislative proposal was before Congress, there was added
to it a second section which amended section 22 of the Banking Act
of 1933 by providing that in the case of national banking associations
which had not taken the necessary steps as prescribed in that act to
terminate the double liability of their shareholders, the Comptroller
of the Currency should cause notice of prospective termination of
liability to be published, and that on the date 6 months subsequent
to such publication such additional liability should cease. The Comptroller was required to publish such notice in the case of only five
banks, and as of January 25, 1954, the double liability of shareholders
had been terminated for all national banks.
Public Law 285 of the 83d Congress, approved August 15, 1953,
amended Section 24 of the Federal Keserve Act by the addition of a
paragraph permitting national banks to make real estate loans secured
by first liens upon forest tracts which are properly managed in all
respects. The amount of any such loan may not exceed 40 percent
of the appraised value of the readily marketable timber offered as
security, and no such loan may be made for a longer term than 2 years
or, if completely amortized, 10 years. The view of the Comptroller's
Office as expressed to congressional committees considering this legislation was that while legislation on the subject was desirable, that
this new field of mortgage lending should be approached with caution.
It urged that the legislation should be more restrictive in terms of
permissible duration of the loans, and that the law should specifically
restrict such loans to those which would be liquidated through the
short-term utilization of the timber. Interest in loans authorized by
this legislation has been evidenced in various parts of the country.
However, it is too early to be able to state with any accuracy to what
extent national banks will enter into this field of financing.
Legislation Recommended
It has long been the policy of the Comptroller to employ only
assistant national bank examiners and to fill vacancies in the higher
positions on the examining staff by promotion, this being a basic
requirement of maintaining a merit system in a career service. It is
generally recognized that the Comptroller's examining staff has consistently been composed of personnel of high quality and competency.
Throughout past years assistant examiners have been obtained almost
entirely from among the younger and more promising employees of
banks under the Comptroller's supervision as the result of contacts
with, and observation by, the national bank examiners during their
semiannual visits to examine the banks. These visits have afforded
excellent opportunities to observe the employees of the banks and
determine the character and personality attributes as well as evaluate
the abilities of those who might be interested in becoming assistant
examiners. It is not believed that any other method of recruitment
would be as satisfactory or would provide personnel of the same quality
and competency. It should be added that nearly all assistant examiners or examiners who later leave the Comptroller's service return
12
REPORT OF THE COMPTROLLER OF THE CURRENCY
to banks in some capacity, and a very large number of important
executive posts in both large and small banks throughout the country
are held by persons who served on the Comptroller's examining staff
at some point in their careers. These men continue to be interested
in the Comptroller's Office and have been helpful from time to time
in suggesting the names of promising young bank employees for consideration for possible appointment as assistant examiners.
Traditionally, the positions on the Comptroller's examining staff
have not been considered as being within the competitive civil service.
In 1908 a question arose as to the validity of this view, whereupon
President Theodore Roosevelt issued a clarifying Executive order
excepting the position of national bank examiner from the competitive
civil service. In 1929 a further question arose as to the status of assistant examiners, and a new Executive order was then issued by President
Hoover to further clarify the matter and except the positions of both
examiners and assistants from the competitive civil service. Still
later, the Banking Act of 1933 specifically excluded the examining
positions and all others in the Comptroller's Office with compensation
paid from assessments against banks and not from appropriated funds,
from Civil Service requirements.
As an outgrowth of the Ramspeck Civil Service Act, signed November 26, 1940, the examining positions were covered into the competitive
civil service as of January 1, 1942, but World War II had then begun
and assistant examiners were thereafter recruited on a war service or
temporary basis, this arrangement continuing until 1946. During
that year the Civil Service Commission excepted the examining positions from civil service requirements until December 31, 1947, and
this exception was renewed from time to time as the result of requests
that the exception be placed on a continuing or unlimited basis.
The Commission has agreed to continue the exception until June 30,
1955, but has indicated it prefers the Comptroller to obtain a statutory
exception.
During the past four-year period an average of 96 assistant
examiners per year were recruited throughout the entire country, an
average of 8 per year for each of the 12 examining districts, so it will
be seen that the recruitment problem of the Comptroller's Office is
not numerically great. It would not seem to justify the expense
entailed in establishing a nationwide recruitment program under civil
service examination procedures. Moreover, the Comptroller is convinced that the most suitable men for employment as assistant national bank examiners may be obtained to better advantage through
the use of the long established existing procedures.
The Comptroller will request legislation from the Congress similar
to that enacted in 1933, excepting the examining positions from civil
service requirements.
When the original National Bank Act was enacted into law on
February 25, 1863, the Comptroller of the Currency was given discretionary authority to examine national banks as frequently as he
considered desirable and necessary. The statute did not provide for
a minimum number of examinations per year. Upon passage of the
Federal Reserve Act in 1913, the Comptroller was required to examine
all national banks twice in each calendar year, and oftener if con
REPORT OF THE COMPTROLLER OF THE CURRENCY
13
sidered necessary. The experience gained by the Comptroller's
Office over a long period of years clearly proves that two examinations
per annum is a desirable examination frequency schedule for a large
proportion of national banks. However, it is apparent to the Comptroller and to the career officials of his office with years of experience
in the examination of national banks that the statutory requirement
of two examinations per calendar year for all national banks is
unnecessarily rigid, not conducive to the best utilization of the time
and efforts of national bank examiners, and that the requirement
could safely be made more flexible.
Consideration is being given to a legislative proposal that would
provide elasticity to the requirement of the present law that all
national banks be examined twice in each calendar year by permitting
the Comptroller, in his discretion, to waive one such examination in
justified cases. It would not be the purpose to waive one annual
examination in all possible cases, but rather to adjust examination
schedules so as to obtain the maximum benefit from the examination
work performed. It would be the purpose to examine a large proportion of national banks twice each year, but if greater benefits would
accrue in a particular Federal reserve district through the more
thorough examination of national banks of average size than would
result from two examinations per annum of a few very large national
banks of demonstrated soundness and management capacity, the
latter might be examined only once during the calendar year. The
legislation would provide, however, that examinations may not be
waived with respect to a particular bank more frequently than once
during each two-year period beginning January 1, 1955. In other
words, in at least one of the two years of each two-year period the
Comptroller could not waive an examination but would have to
examine the bank twice.
Any legislation proposed by the Comptroller relative to the waiving
of one annual examination will include a provision that the expense
of the examinations shall be assessed by the Comptroller upon national
banks in proportion to their assets or resources and that the annual
rate of such assessment shah1 be the same for all national banks,
except that banks examined more frequently than twice in one calendar
year shall, in addition, be assessed the expense of these additional
examinations. This would serve to remove possible pressure by
bank managements on the Comptroller to waive one annual examination in order to obtain the benefit of a reduced expense for examinations.
It is believed that legislation along the lines discussed above would
permit more thorough examinations which would be of greater value
to the banks concerned as well as to the Comptroller.
In the 1952 Annual Report of the Comptroller of the Currency it
was stated that the Comptroller expected to recommend to the Congress that the conflict between sections 23A and 24A of the Federal
Reserve Act as to the permissible investment by national banks in
the stock of corporations engaged in holding bank premises, be
eliminated by legislation that would make section 23A of the Federal
Reserve Act completely inapplicable to corporations engaged solely
in owning and operating the building or buildings in which are housed
303318—54——2
14
REPORT OF THE COMPTROLLER OF THE CURRENCY
the offices of the bank. Proposed legislation to accomplish this purpose has been drafted and transmitted to the Congress with a recommendation that it be enacted.
In the 1952 Annual Report of the Comptroller of the Currency it
was also stated that legislation would be recommended that would
amend section 5221 of the Revised Statutes by eliminating the
requirement that national banks going into voluntary liquidation be
required to publish notice of this fact in a newspaper published in
the city of New York. Such proposed legislation has been drafted
and transmitted to the Congress with a recommendation that it be
enacted.
Over the past several years the Comptroller's Office has been
approached by banking interests in the various States who urged that
section 24 of the Federal Reserve Act governing real estate loans
which may be made by national banks was too restrictive and suggesting changes that should be made in that statute. Certain of
these changes seemed reasonable and desirable to the Comptroller of
the Currency, and, accordingly, proposed legislation has been drafted
which would amend section 24 of the Federal Reserve Act (1) by
permitting national banks to make amortized mortgage loans having
a maturity of longer than 10 years but not in excess of 20 years provided the terms are such that the installment payments are sufficient
to amortize 100 percent of the principal of the loan within a term of
20 years, and (2) by extending the maximum duration of residential
and farm construction loans which are not to be regarded as real
estate loans from 6 to 9 months.
Proposed legislation has also been prepared which would amend
section 24 of the Federal Reserve Act by excepting from the restrictions or limitations of that section loans in which the Small Business
Administration cooperates or purchases a participation under the
Small Business Act of 1953. This legislation was prepared at the
request of the Small Business Administration, and makes the same
exception to section 24 for the Small Business Administration that
was made for the Reconstruction Finance Corporation. This proposed
legislation has been transmitted to the Congress with a recommendation that it be enacted.
There has been introduced in Congress a bill which would abolish
cumulative voting in the election, of directors of national banks.
The Comptroller of the Currency is not opposed to the enactment of
the proposed legislation, but recommends that it be amended to make
the adoption of cumulative voting optional with the shareholders.
In other words, the Comptroller of the Currency does not oppose
legislation which would eliminate the requirement that national banks
must observe cumulative voting in the election of directors, but he
recommends that the owners of a majority of the stock of a national
bank should be permitted to adopt cumulative voting by so providing
in the bank's articles of association.
The Comptroller of the Currency supervises 16 credit unions located
in the District of Columbia which were organized under the provisions
of the District of Columbia Credit Unions Act of June 23, 1932. The
supervision of these 16 credit unions represents a negligible part of
the activities of the office of the Comptroller but the examination fees
REPORT OF THE COMPTROLLER OF THE CURRENCY
15
fixed by the act of 1932 are entirely inadequate to meet the expenses
of supervision. The Bureau of Federal Credit Unions in the Department of Health, Education and Welfare supervises approximately
6,693 credit unions operating throughout the United States and
possessions including 119 operating in the District of Columbia. The
transfer of supervision of the 16 District chartered credit unions from
the Comptroller of the Currency to the Bureau of Federal Credit
Unions is entirely logical and is strongly recommended. The Congress
will be asked to consider appropriate legislation to achieve this end.
R. F. C. Pools
During the year 1953 the Reconstruction Finance Corporation
Liquidation Act (Public Law 163, 83d Cong., 1st sess., approved
July 30, 1953) made it Congressional policy that the Reconstruction
Finance Corporation be liquidated as expeditiously as possible. To
this end it was deemed desirable that the assets of the Corporation be
sold to private individuals or associations to the extent that it was
possible that this be done. To carry out the Congressional mandate
the Reconstruction Finance Corporation evolved a plan whereby loans
held by it would be pooled and certificates of interest in these pools
would be sold to banks. A question arose as to whether national
banks could legally participate in this program by purchasing certificates of interest in the pools. The Comptroller of the Currency, after
due consideration of the applicable statutes, was able to rule that
national banks could legally purchase such certificates of interest, and
as a result of this ruling support was given to the policy of transferring
assets held by the Reconstruction Finance Corporation to private
concerns to the extent that this could be done without loss to the
Federal Government.
Litigation
During the year 1953 there were three court decisions of importance*
to the Comptroller of the Currency and to the national banking
system. In the first of these, People v. Franklin National Bank oj
Franklin Square (N. Y. 1953) 116 N. E. 2d 706, the Court of Appeals
of the State of New York held that a New York statute which prohibited commercial banks, including national banks, from using the
word "saving" or "savings" or their equivalent in their banking or
financial business, was not in conflict with Federal law, and was,
therefore, constitutional as applied to national banks. The Franklin
National Bank immediately announced that it would appeal the case
to the United States Supreme Court.
The decision of the New York Court of Appeals was contrary to
the administrative position taken by the Comptroller of the Currency
and adhered to over a period of many years. Moreover, it was the
Comptroller's opinion that, should the New York decision be allowed
to stand, serious questions would result therefrom as to how far the
States might go in exercising control over national banks, and in
giving competitive advantages to their own State institutions. Consequently, at the request of the Comptroller of the Currency, the
Department of Justice intervened in the case in the Supreme Court,
urging reversal. Solicitor General Simon E. Sobeloff argued the case
16
REPORT OF THE COMPTROLLER OF THE CURRENCY
on behalf of the United States. The United States Supreme Court
held that there was a clear conflict between the law of New York and
the law of the Federal Government, and that, therefore, the policy
of the State must yield. The Franklin National Bank oj Franklin
Square v. The People oj the State oj New York 347 U. S. 373.
The second important court decision was that of the Supreme
Court of Michigan in the case of Millard v. National Bank oj Detroit
(Mich. 1953), 61 N. W. 2d 804. This action was a quo warranto
proceeding brought by the Attorney General of the State of Michigan
on the Relation of the Commissioner of the Banking Department of
the State of Michigan, and on the Relation of a Michigan State banking corporation, to challenge the right of the defendant national bank
to establish and operate a branch which it was alleged had been established in violation of law. The Comptroller of the Currency, acting
on the advice of counsel that the establishment of the branch was
legally permissible, had given his approval for its establishment.
The Attorney General of the State of Michigan stated in his pleadings
that an Assistant Attorney General of Michigan had advised the
State Banking Commissioner that "we do not have a case against the
National Bank because, in my opinion, it neither has violated section
34 of the Michigan Financial Institutions Act, nor section 36 of Title
12 U. S. C. A. (National Banking Act)." The court held that the
establishment of branches by national banks is governed by Federal
law, and consequently, that the suit was one for enforcement of Federal law against a federally created corporation and that "this court is
without jurisdiction in the premises." Accordingly, the case was
dismissed for want of jurisdiction.
The third important court decision was that of the United States
District Court for the District of Rhode Island in the case of Kelaghan
v. Industrial Trust Company, decided December 29, 1953. The
Comptroller of the Currency acting through the Department of Justice
participated in this case as amicus curiae. The action was one brought
to enjoin the consolidation of a State bank with a national bank under
a national charter without the approval of 100 percent of the stockholders of the State bank. State law contained no provision dealing
with the consolidation of a State bank with a national bank under
national charter. The court held that in the absence of State legislation on the subject the Federal statute authorizing such consolidations was controlling, and that the consolidation could be effectuated
in accordance with its terms. It provides for a two-thirds vote of
the shareholders of each consolidating bank. Subsequent to this
decision the consolidation of the State bank with the national bank
was consummated. An appeal from the District Court decision was
taken to the United States Court of Appeals for the First Circuit, and
was there dismissed on the grounds that the controversy had become
moot.
Bank Holding Company Legislation
In each of the past several Congresses there have been introduced
bills to further define bank holding companies and to provide for
additional governmental regulation and control of their activities.
Several such bills have been introduced in the 83d Congress, and
hearings on two of these, S. 76 and S. 1118, were held during 1953.
REPORT OF THE COMPTROLLER OF THE CURRENCY
17
It is the view of the Comptroller of the Currency that additional
bank holding company legislation, while not urgently needed, is
desirable. However, it is believed that control over bank holding
companies should be achieved without unnecessarily elaborate governmental supervision. The two areas of activity by bank holding
companies which are not regulated by law are (1) expanding in the
field of banking, chiefly through the acquisition of bank stocks, and
(2) engaging in businesses other thar banking.
Both S. 76 and S. 1118 seek to place effective restraints on bank
holding companies in these two areas of activity, but they differ
somewhat in their approach to these problems. In the opinion of
the Comptroller, a composite of the better features of each of these
bills would be preferable to the provisions of either alone. The
Comptroller made specific recommendations to the Senate Banking
and Currency Committee as to which features of each should, in his
opinion, be adopted.
Among other things, the Comptroller recommended that all supervisory functions over bank holding companies should be vested in a
single supervisory agency rather than being divided up among two
or more agencies. The Comptroller also recommended that in bank
holding company legislation there should be no attempt to equate
branch banking and bank holding company operations, two quite
different things, and that there should be no attempt to make the
expansion of bank holding company operations dependent upon the
branch banking laws of the various States.
A comparison of the assets and liabilities of the banks in the National Banking System as of December 31, 1952, April 20, June 30,
September 30, and December 31, 1953, 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
00
[In thousands of dollars]
Dec. 31,1952
(4,916 banks)
Apr. 20, 1953
(4,890 banks)
June 30,1953
(4,881 banks)
Sept. 30,1953
(4,871 banks)
Dec. 31, 1953
(4,864 banks)
5d
ASSETS
Loans and discounts, including overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stocks of Federal Reserve banks.
Totalloans and securities
Cash, balances with other banks, including reserve balances, and cash items
in process of collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises or other
real estate
-.
-.
Customers' liability on acceptances
Income accrued but not yet collected
Other assets
Total assets
36,119,673
35,921,239
15,203
5,982, 753
2,176,230
196,860
36,566,806
33,449,868
21,283
6,314,550
2,068, 282
199,290
36, 537,355
33,025,310
23,744
6, 218, 735
2,066,839
200,901
37,049,337
35, 287,324
25,429
•6,346,681
2,035,365
201,809
37, 944,146
35, 563,334
25,429
6,330,265
2,086,723
204,482
80,411,958
78,620,079
78,072,884
80,945,945
82,154,879
26,399,403
747,912
22, 555
23,980,820
769,024
22,123
24,343,646
776, 291
23,775
24,030,168
796,042
25,033
26, 545,518
807, 527
30,811
57,876
169,263
190, 542
133,234
58,539
146,341
186,200
155,474
58,911
122,472
183, 772
129,525
59,610
171,489
210,141
120, 762
51,650
191,856
216,485
118,473
108,132,743
103,938,600
103,711,276
106,359,190
110,116,699
LIABILITIES
Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
Deposits of U. S. Government and postal savings
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed money
Mortgages or other liens on bank premises and other real estate
Acceptances outstanding
Income collected but not yet earned
Expenses accrued and unpaid
Other liabilities
Total liabilities
I
53,369,383
22, 285,848
2,486,392
6,627, 528
8, 596,634
1,383,168
53,791,070
22, 548, 572
3,873,352
6,222,445
8,881,040
1,301,283
94,336,137
94,748,953
96,617, 762
70,848,146
28,492,991
70,774,840
28,974,118
72,862,237
24,255,525
483, 231
196
179, 551
324, 774
500,102
897, 728
56,682,902
21, 517,160
3, 251,638
6,271,676
9, 920, 522
1,613,878
53, 713,797
21,881, 788
2,389,701
6,451,277
8,428, 765
1,470,809
99,257,776
76,139,288
23,118,488
75, 921
238
179, 294
279,843
434,672
845, 778
253
158,487
312,622
448, 576
877,995
45,510
206
133,223
314, 745
389,395
840, 520
101,073, 522
96, 760,910
96,472, 552
99,003,344
5d
H3
O
o
£
5d
56,614,391
22,863, Oil
2,830,669
6, 793,634
10,155,942
1, 689, 586
100,947, 233
d
76,189,784 50"
24,757,449
14,851
190
203,910
320, 592
491,117
729,290
102, 707,183
CAPITAL ACCOUNTS
Capital stock (see memoranda below)
Surplus
Undivided profits
Reserves and retirement account for preferred stock
Total capital accounts
Total liabilities and capital accounts
2, 224,852
3,334, 218
1, 225,731
274,420
2, 254, 842
3,357,960
1,300,877
264, Oil
2, 264,629
3,410,122
1, 296,655
267,318
2,273,883
3,425,699
1,387,126
269,138
2,301,757
3,523,443
1,310,761
273, 555
7,059,221
7,177, 690
7,238, 724
7,355, 846
7,409, 516
108,132, 743
103,938, 600
103,711, 276
106,359,190
110,116,699
5,229
437
2, 219,186
5,132
487
2, 249,223
5,171
487
2,258, 971
5,125
319
2,268,439
4,892
319
2,296,546
2, 224,852
2, 254, 842
2,264,629
2, 273,883
2,301,757
8,558
512
8,339
512
8,315
512
8,203
344
7,924
344
9,070
8,851
8,827
8,547
8,268
12,825,333
13.132,333
12,496, 309
13,823,655
12,901,734
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
,r
Assets pledged or assigned to secure liabilities and for other purposes (including notes and bills rediscounted and securities soldL with agreement
to repurchase)
g
E
W
S3
3
20
REPORT OF THE COMPTROLLER OF THE CURRENCY
TRENDS IN BANKING
The following table shows the changes that have occurred in recent
years in the relationships of the major asset and liability accounts of
national banks to the aggregate of assets and liabilities.
Distribution of assets and liabilities of national banks, Dec. 81, 1950-53
1950
1951
1952
1953
Percent
36.70
4.82
.15
2.57
Percent
34.22
5.19
.15
2.34
Percent
33.24
5.53
.15
2.04
Percent
32.32
5.75
.16
1.92
44.24
41.90
40.96
40.15
30 11
12.74
11.75
.66
.01
.49
31.56
12.84
12.48
.66
.02
.54
33 41
12.43
11.98
.69
.02
.51
34 46
12.18
11.92
.73
.03
.53
ASSETS
Securities:
U. S. Government, direct and guaranteed
Obligations of States and political subdivisions. .
Stock of Federal Reserve banks
.
Other bonds and securities
Total securities
Loans and discounts
Cash and balances with other banks, excluding reserves
Reserve with Reserve banks
±
Bank premises, furniture and fixtures
Other real estate owned _
All other assets
Total assets
__ _
.
_
_
100.00
100.00
100.00
100.00
Deposits:
Demand of individuals, partnerships, and corporations..__.
Time of individuals, partnerships, and corporations.. . . .
U. S. Government
States and political subdivisions.
.
53. 53
19.55
1.96
5.87
53.39
19.30
2.18
5.77
52.42
19.90
2.99
5.80
51.41
20.76
2.56
6.17
LIABILITIES
Other deposits (including postal savings)
1.77
1.75
1.51
1.55
Total deposits
92.07
91.92
91.79
91.67
Demand deposits
Time deposits
71. SO
SO. 77
1 42
71.21
20.71
1 59
70.41
21.38
1 68
69.19
22 48
1 60
2.06
3 01
1.44
2.05
3 00
1.44
2.06
3 08
1.39
2.09
3 20
1.44
Other liabilities
Capital funds:
Capital stock .
Surplus
Undivided profits and reserves
Total capital funds
Total liabilities and capital funds
6.51
6.49
6.53
6.73
100. 00
100.00
100.00
100.00
FIDUCIARY ACTIVITIES OF NATIONAL BANKS
Asof December31,1953, l,767nationalbankshavebeenauthorizedby
the Board of Governors of the Federal Keserve System to administer
fiduciary accounts under grant of fiduciary powers, either full or
limited. In addition, there are 65 trust departments in branches of
national banks. There are 254 banks not acting under any of their
granted fiduciary powers. During the year ended December 31, 1953,
1,585 examinations were made of trust departments in national banks
and branches.
Trust department assets total $43,150,000,000 as of December 31,
1953, compared to $39,666,000,000 as of December 31, 1952, and
$3,297,300,000 as of October 3, 1928. While carrying values for trust
assets have not been standardized throughout the country, there have
been relatively few changes of system within individual organizations.
Because of the relatively few changes of system, these figures are comparable although they do not reflect total current market values. The
total trust department assets include $28,206,000,000 in agency,
REPORT OF THE COMPTROLLER OF THE CURRENCY
21
escrow, and custodianship accounts held in the trust departments
involving no discretionary supervision.
Outstanding bond and debenture issues for which national banks
are acting as trustee total $17,626,000,000 in 7,611 accounts as of
December 31, 1953. There were $16,052,000,000 outstanding as of
December 31, 1952, compared to $9,036,000,000, as of December 31,
1942. National banks are also acting as registrar for 3,704 accounts,
and as transfer agent for 3,431 accounts.
Use of fiduciary facilities of national banks by individuals has shown
a substantial growth. As of October 3, 1928, a consolidated balance
sheet of all national banks reflected 53,853 individual accounts being
administered. As of December 31, 1953, a total of 271,704 private,
court and agency accounts were being administered.
Under authority of Kegulation F issued by the Board of Governors
of the Federal Reserve System governing the fiduciary activities of
national banks, there are 71 common trust funds in operation in 62
nation?] banks. These funds have been established to make collective
investments of trust funds primarily in the smaller accounts, thereby
resulting in wider diversification of investment and less risk of loss to
the individual accounts. The common trust funds in national banks
aggregated $214,000,000 as of December 31, 1953.
A tabulation of the statements of the larger trust departments in
national banks having in excess of $70,000,000 total fiduciary assets at
carrying values reflects an aggregate of $36,302,000,000 total assets in
65 banks. In other words, 4 percent of the 1,513 national banks
exercising fiduciary powers are administering 84 percent of the
fiduciary business of all national banks.
Gross trust department income of national banks totaled $85,990,000
during 1953 compared to $80,627,000 in 1952, and $32,981,000 in 1942.
Some banks make no record of expense or estimation of allocated
overhead and therefore no tabulation can be accomplished for net
earnings of trust departments throughout the country. Losses to
national banks through trust department operations continue to be
almost negligible.
EARNINGS, EXPENSES, AND DIVIDENDS OF NATIONAL BANKS FOR
YEAR ENDED DECEMBER 31, 1953
The net profits of national banks before dividends for the calendar
year 1953 were $573,000,000, which amounted to 7.92 percent of
average capital funds. Net profits for the previous year were
$561,000,000, or. 8.17 percent of average captial funds.
Net earnings from operations of $1,223,000,000 showed an increase
of $135,000,000 over the previous year. Adding to net earnings from
operations, profits on securities sold of $23,000,000 and recoveries on
loans and investments, etc. (including adjustments in valuation
reserves), of $59,000,000, and deducting losses and charge-offs (including current additions to valuation reserves) of $266,000,000 and
taxes on net income of $466,000,000, the net profits of the banks
before dividends for the year 1953 were $12,000,000 more than for
the year 1952.
22
REPORT OF THE COMPTROLLER OF THE CURRENCY
Gross earnings were $3,068,000,000, an increase of $317,000,000
over 1952. The principal items of operating earnings in 1953 were
$1,752,000,000 from interest and discount on loans, an increase of
$215,000,000 over 1952, and $695,000,000 from interest on United
States Government obligations, an increase of $61,000,000. Other
principal items of operating earnings were $176,000,000 from interest
and dividends on securities other than United States Government
obligations, an increase of $12,000,000 over the previous year, and
$150,000,000 from service charges on deposit accounts, an increase of
$14,000,000. Operating expenses, excluding taxes on net income, were
$1,845,000,000 as against $1,662,000,000 in 1952. Principal operating
expenses were $910,000,000 for salaries and wages of officers and
employees and fees paid to directors, an increase of $88,000,000 over
1952, and $299,000,000 expended for interest on time deposits, an
increase of $38,000,000.
Cash dividends declared on common and preferred stock in 1953
totaled $275,000,000 in comparison with $259,000,000 in the previous
year. The rate of cash dividends was 3.80 percent of average capital
funds. The cash dividends in 1953 were 48 percent of the net profits
available for the year. The remaining 52 percent of net profits, or
$298,000,000, was retained by the banks in their capital funds.
Interest and discount on loans accounted for 57 percent of the
banks' earnings, varying from 50 percent in the seventh Federal
Reserve District to 64 percent in the twelfth district. Interest and
dividends on securities represented 28 percent of gross earnings for
the year, with the banks in the twelfth district showing the lowest
ratio at 21 percent, while banks in the seventh district showed 37
percent, the highest ratio. Salaries, wages, and fees took over 29
percent of gross earnings, ranging from 28 percent in the fourth district
to 32 percent in the ninth district. Current operating earnings before
income taxes were more than 39 percent of gross earnings, ranging
from 37 percent in the ninth district to 41 percent in the second,
fourth and tenth districts.
The rate of interest and discount on the average loans and discounts
for the year varied from 4.05 percent in the second district to 5.40
in the twelfth district. The national average was 4.75. The rate of
interest and dividends received on the average securities held was 2.01
percent, and varied from 1.94 percent at the banks in the first district
to 2.13 percent for banks in the third district.
Current operating earnings before income taxes were 17 percent on
the average total capital accounts, varying from 13 percent in the
third district to 24 percent in the twelfth district. Net profits after
income taxes but before dividends were, as noted above, 7.92 percent
on the average captial accounts, ranging from 6.06 percent in the
second district to 10.67 percent in the twelfth district.
Summaries of the earnings, expenses, and dividends of national
national banks for the years ended December 31, 1952 and 1953, are
shown in the following table.
REPORT OP THE COMPTROLLER OF THE CURRENCY
23
Earnings, expenses, and dividends of national banks for years ended Dec. SI, 1952
and 1953
[In millions of dollars]
Change
since 1952
1953
1952
Number of banks 1
Capital stock (par value) 2_
Capital accounts 2
4,864
2, 263. 7
7, 235. 8
4 916
2.177. 9
6, 875.1
-52
+85.8
+360.7
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
694.8
176.4
1, 751. 6
150.5
294.6
633.7
164.2
1, 536. 8
136. 3
279.6
+61.1
+12.2
+214. 8
+14.2
+15.0
3,067.9
2, 750. 6
+317. 3
909.8
299.1
84.5
47.4
503.7
821.9
261.0
78.6
42.2
458.1
+87.9
+38.1
+5.9
+5.2
+45.6
1, 844. 5
1, 661. 8
+182. 7
1, 223. 4
1, 088. 8
+134. 6
7.9
15.2
23.5
6.9
14.8
2C.2
+1.0
16. 5
5.3
13.6
11.7
14.9
12.6
82.0
81.1
96.7
31.4
61.2
16.7
15.4
77.2
45.8
11.3
84.0
30.0
Total
Current operating expenses:
Salaries, wages, and fees
Interest on time deposits (including savings deposits)
Taxes other than on net income
Recurring depreciation on banking house, furniture and fixtures.
Other current operating expenses
Total
Net earnings from current operations
Recoveries, transfers from valuation reserves, and profits:
On securities:
Recoveries
Transfers from valuation reserves
Profits on securities sold or redeemed
On loans:
Recoveries
Transfers from valuation reserves
Allother
Total
Losses, charge-offs, and transfers to valuation reserves:
On securities:
Losses and charge-offs
Transfers to valuation reserves
On loans:
Losses and charge-ofis
Transfers to valuation reserves
Allother
Total
Profits before income taxes..
Taxes on net income:
Federal
State
Total
Net profits before dividends Cash dividends declared:
On preferred stock
On common stock
Total
1
+.4
+3.3
+4.8
-9.6
+1.0
+.9
+35.5
+14.7
+4.1
-6.8
+15.8
266.6
203.3
+63.3
1, 038. 9
966.6
+72.3
446.7
18.9
388.0
17.1
+58.7
+1.8
465.6
405.1
+60.5
573.3
561.5
+11.8
.3
274.9
.4
258.7
+16.2
275.2
259.1
+16.1
-.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.
24
REPORT OF THE COMPTROLLER OF THE CURRENCY
Earnings, expenses, and dividends of national banks for years ending Dec. 31, 1952
and 1953—Continued
[In millions of dollars]
1953
Memoranda items:
Kecoveries 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
1952
Change
since 1952
0.4
19.8
2.4
21.3
-2.0
-1.5
22.4
53. C
50.4
15.3
41.0
77.5
+ 12.0
-27.1
Pereent
60.12
7.92
12.16
3.80
Percent
60.42
8.17
11.90
3.77
Percent
-.30
-.25
+.26
+.03
+7.1
STRUCTURAL CHANGES IN THE NATIONAL BANKING SYSTEM
The authorized capital stock of the 4,869 national banks in existence
on December 31, 1953, consisted of common capital stock aggregating
$2,298,403,373, a net increase during the year of $78,385,883, and preferred capital stock aggregating $5,422,600, a net decrease during the
year of $243,980. These figures include 4 national banks recently
chartered but not yet opened for business at the end of the year, 1 bank
in the process of merging or consolidating with a State bank under the
provisions of Public Law 706 (12 U. S. C. 214), and the laws of the
State where the bank is located, 1 bank in the process of going into
voluntary liquidation, and adjustments in capital stock in connection
with the consolidation of 2 national banks at the end of the year but
not reflected in the reports of condition received in response to the
call for such reports as of the close of business on December 31, 1953.
In addition to 27 applications with proposed common capital stock
of $5,552,500 carried over from the previous year, 50 applications were
received to organize national banks and to convert State banks into
national banking associations with proposed common capital stock of
$9,833,000. Of these applications, 24 with proposed common capital
stock of $5,878,000 were approved; 18 with proposed common capital
stock of $3,005,000 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 1953,
19 national banking associations with common capital stock of $4,203,000 were authorized to commence business. Of the charters issued,
three with common capital stock of $503,000 resulted from the conversions of State banks.
Changes in the number and capital stock of national banks during
the year ended December 31, 1953, are shown in the following summary.
25
REPORT OP THE COMPTROLLER OF THE CURRENCY
Organization, capital stock changes, and national banks closed as reported during
the year ended Dec. 81, 1958
Capital stock
Number
of banks
Common
Increases:
Banks newly chartered:
Primary organizations
Reorganizations
Conversions of State banks
Capital stock:
Common:
165 cases by statutory sale
256 cases by statutory stock dividend
8 cases by stock dividend under articles of association
1 case by conversion of preferred stock
14 cases by statutory consolidation
Preferred: 2 cases by new issues
Total increases..
$3,700,000
503," 000'
33, 245,350
49,923, 550
105,000
12,000
$143,000
19
Decreases:
Banks ceasing operations:
Voluntary liquidations:
Succeeded by national banks
Succeeded by State banks
Statutory consolidations
Conversions into State banks
Merged or consolidated with State banks (Public
Law 706)
Receiverships
,
Capital stock:
22 cases by retirement
1 case by statutory reduction
3 cases by statutory consolidation
Preferred
91,878, 733
29
3,130,000
950,000
143,000
285,000
8, 739,100
8,750
380,000
Total decreases.
13, 492,850
Net change
Charters in force Dec. 31,1952, and authorized capital stock..
Charters in force Dec. 31,1953, and authorized capital stock..
386,980
-47
4,916
78,385,883
2, 220,017, 490
-243, 980
5, 666,580
4,869
2, 298, 403,373
5, 422, 600
NATIONAL BANK NOTES OUTSTANDING
There were, as of December 31, 1953, $72,546,379 of national bank
notes outstanding.
DISTRIBUTION OF ALL BANKS
On December 31, 1953, there were 14,538 commercial and savings
banks in the United States and possessions, with deposits of $201,978,297,000. Of these banks 13,651, or 94 percent, with 96 percent of the
deposits, were insured banks. The 4,856 national banks, members of
the Federal Reserve System, represented 33 percent of all banks and
held 50 percent of the total deposits. The 528 mutual savings banks,
of which 219 were insured, held $24,397,882,000 of deposits.
26
REPORT OF THE
COMPTROLLER
OF THE
CURRENCY
Classification of all banks, Dec. 31, 1953
Banks
Deposits
Change in
12 months
(percent
of grand
total)
Change in
12 months
(percent
of grand
total)
Number
of banks
Insured banks:
National
States member:
Commercial
Mutual savings
Nonmember:
State commercial l
Mutual savings
4,856
.
Total insured banks
Uninsured banks:
Nonmember:
State commercial and private 2
Mutual savings
Total uninsured banks
Total all banks.
Percent
of grand
total
33.40
49.84
-0.55
1,884
3
12.96
.02
+.04
0
49,487,473
22.200
24.50
.01
-.21
0
6.692
216
46.03
1.49
+.51
+.10
24, 941, 562
18,360,335
12.35
9.09
+.21
+.56
13, 651
93.90
+.42 193,466,016
95.79
+.01
578
309
3.98
2.12
-.32
-.10
1.23
2.98
-.02
+.01
887
6.10
-.42
8, 512, 281
4.21
-.01
14,538
100.00
201, 978, 297
100.00
Amount
(000
omitted)
-0.23 $100,654,446
2,496, 934
6,015, 347
Percent
of grand
total
1
Includes 7 nonmember insured national banks.
2 Includes 1 nonmember uninsured national bank.
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, 1953, amounted to $221,133,000,000,
an increase of $6,302,000,000 since December 31, 1952.
The total deposits at the end of 1953 amounted to $201,978,000,000,
an increase of $5,547,000,000 over 1952. Included in the latter aggregate are deposits of individuals, partnerships, and corporations of
$166,763,000,000, an increase of $4,713,000,000 in the year. Deposits of the United States Government, including postal savings
deposits, were $4,572,000,000, a decrease of $809,000,000; deposits
of States and political subdivisions amounting to $11,649,000,000
showed an increase of $962,000,000, and deposits of banks of $15,974,000,000 were $638,000,000 more than in 1952.
Loans and discounts amounted to $80,920,000,000 in December
1953 after deducting reserves of $1,142,000,000 for possible future
losses. The net loans were $4,991,000,000 over the amount reported
as of the end of 1952. Commercial and industrial loans of $27,368,000,000 were $673,000,000 less than the 1952 figure; real estate loans
of $29,793,000,000 were up $2,548,000,000, and all other loans of
$24,901,000,000 increased $3,181,000,000.
The banks held obligations of the United States Government, direct
and guaranteed, of $72,873,000,000 in December 1953, a decrease of
$138,000,000 in the year. Obligations of States and political subdivisions held amounted to $11,283,000,000, an increase of $719,000,000, and other securities held amounted to $7,169,000,000, an increase
of $284,000,000. The total of all securities held at the end of 1953
was $91,325,000,000, and represented 41 percent of the banks7 total
assets. At the end of the previous year the ratio was 42 percent.
REPORT OF THE COMPTROLLER OF THE CURRENCY
27
Cash and balances with other banks, including reserve balances, in
1953 were $45,992,000,000, or $228,000,000 more than at the end of
the previous year.
Total capital accounts were $16,210,000,000, compared to $15,454,000,000 at the end of 1952, an increase of 5 percent.
A statement of the assets and liabilities of all classes of active
banks at the end of December 1952 and 1953 follows.
Assets and liabilities of all banks in the United States and possessions, 195'2 andl95S
[In millions of dollars]
Dec. 31,
1953
Dec. 31,
1952
Change
since 1952
14,538
14,596
27,368
28,041
-673
2,206
2,784
726
3,221
+1,480
-437
3,590
29,793
14,633
162
1,526
3,188
27,245
12,836
158
1,591
+402
+2,548
+1,797
82,062
1,142
77,006
1,077
+5,056
+65
80,920
75,929
+4,991
72,873
11,283
6,322
847
73,011
10,564
6,146
739
-138
+719
+176
+108
91,325
90,460
+865
2,691
2,939
-248
43,301
1,557
48
42,825
1,442
41
+476
+115
95
392
804
101
341
753
221,133
Number of banks
214,831
-6
+51
+51
+6,302
100,417
66,346
4,572
11,649
15,974
3,020
100,141
61,909
5,381
10,687
15,336
2,977
+276
+4,437
-809
+962
+638
+43
201,978
196,431
+5,547
132,085
69, 893
131,722
64,709
-\-363
+5,184
-58
ASSETS
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 and other loans for the
purpose of purchasing or carrying securities
Real estate loans
Other loans to individuals
Loans to banks
All other loans (including overdrafts)
Total gross loans
Less valuation reserves
-.
Net loans
U. S. Government obligations, direct and guaranteed
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stocks of Federal Reserve banks
Total securities
Currency and coin
Balances with other banks, including reserve balances, and cash
items in process of collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises
or other real estate
_-.
Customers' liability on acceptances outstanding
Other assets
Total assets—
+4
-65
+7
LIABILITIES
Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
U. S. Government and postal savings deposits
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
_
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed m o n e y Acceptances executed by or for account of reporting banks and outstanding
Other liabilities
Total liabilities
67
196
-129
419
2,459
363
2,387
+56
+72
204,923
199,377
5,546
28
REPORT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of all banks in the United States and possessions, 1952 and
1958—Continued
[In millions of dollars]
Dec. 31,
1953
Dec. 31,
1952
Change
since 1952
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
43
31
4,100
8,194
3,241
-4
-2
+163
+418
+175
47
33
3,937
7,776
3,066
Total liabilities and capital accounts
601
595
+6
16,210
Total capital accounts
15,454
+756
221,133
214,831
+6,302
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, 1953. Reports were required as of April 20, June 30,
September 30, 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, unless waived by the
Comptroller, 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, 1953.
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, 1953.
In accordance with section 298 of the code of law for the District of
Columbia, banks other than national in the District were required to
make to the Comptroller condition reports and reports of earnings,
expenses, and dividends identical with those obtained from national
banks during the year. 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, 1953, and
reports of receipts and disbursements for the year ended December
31, 1953.
Detailed figures from reports of condition and earnings and dividends will be found in the appendix of this report.
REPORT OF THE COMPTROLLER OF THE CURRENCY
29
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. However, section 21 of the Federal Reserve Act, as
amended, provides in part that the Comptroller may waive the
requirement for the submission of the report of an affiliate if in his
judgment such a report is not necessary to disclose fully the relations
between an affiliate and a bank and the effect thereof upon the affairs
of the bank. Pursuant to this latter section the Comptroller's waiver
of requirement for reports of affiliates provides principally that reports
of affiliates (other than holding company affiliates) need not be submitted and published in a newspaper unless the affiliate is indebted
to the national bank or the bank owns obligations of the affiliate and
the aggregate of such indebtedness or investment is carried as an
asset on the bank's books at a value in excess of $5,000 or 1 percent
of the bank's capital and surplus, whichever is the greater.
At the end of December 1953, 312 member national banks in the
United States submitted 344 reports of affiliates. Included in these
figures are 200 banks in 24 States which are members of 23 holding
company groups. The number of banks in each holding company
group varied from 1 to 48. The actual number of reporting affiliates
and holding company affiliates was 170.
In addition there were 2 nonnational banks in the District of
Columbia which are members of the Federal Reserve System that
reported 3 affiliates to the Comptroller pursuant to the provisions of
the code of law for the District of Columbia.
LIQUIDATION OF INSOLVENT NATIONAL BANKS
During the year ended December 31, 1953, there were no failures
of national banks. No liquidations of insolvent national banks were
completed during the year, leaving but one national bank receivership in process of liquidation as of December 31, 1953. This one
remaining receivership was involved in litigation.
ISSUE AND REDEMPTION OF NOTES
One thousand seven hundred and fifty-seven shipments of Federal
Reserve currency were made from Washington, D. C , during the
year ended December 31, 1953, to Federal Reserve agents and Federal
Reserve branch banks, aggregating $12,920,620,000, and in addition,
19 deliveries were made to the Treasurer of the United States aggregating $100,500,000.
Five thousand one hundred and nineteen lots of unfit Federal
Reserve currency were received for verification and certification for
destruction consisting of 528,185,819 notes aggregating $6,249,626,665.
There were received 27 lots of national bank notes for verification
and certification for retirement and destruction consisting of 237,189
notes aggregating $3,671,774.
One hundred sixty-one thousand three hundred and ninety fragments or charred Federal Reserve and national bank notes aggregating
$2,792,070 were presented by the Treasurer of the United States for
identification and approval.
303318—54
3
30
REPORT OF THE COMPTROLLER OF THE CURRENCY
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, 1953, 9,031 examinations of
banks, 4,651 examinations of branches, 1,585 examinations of trust
departments, and 23 examinations of affiliates were conducted. Nine
State banks were examined in connection with conversions to or
consolidations with national banks. Investigations were also conducted in connection with applications for 36 new charters and 235
new branches.
ORGANIZATION AND STAFF
On December 31,1953, the Office of the Comptroller of the Currency
had in its employ 1,103 persons. Of these, 196 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. During the year, the total personnel in the Washington
office was reduced by 2 and the total field force was reduced by 45
persons.
Twenty-one national bank examiners and 119 assistant national
bank examiners left the service during the year. In the same period
16 assistants were commissioned national bank examiners, while 89
new assistants were appointed and 2 returned from military furlough,
leaving a total of 257 examiners and 537 assistants in the service at
the end of the year. The 257 examiners have an average term of
service, including service as assistants, of 19% years.
Mr. Ray M. Gidney was appointed Comptroller of the Currency
on April 16, 1953, to succeed Preston Delano, resigned. Mr. Gidney
left the presidency of the Federal Reserve Bank of Cleveland, Ohio,
to accept the appointment.
EXPENSES OF THE BUREAU
The following is a summary of the operating expenses of the Bureau
for the year ended December 31, 1953:
Bank supervi- Currency issue
and redempsion
tion
Salaries
Per diem
__
Supplies, printing, books and periodicals
Rent
.
Furniture and
fixtures
>
__
Communications
Miscellaneous.
Total
.
__
.
Total
$6,048,679.91
1,063,269. 24
354,302.46
80,335.17
145,188.40
6,698.14
25,900.34
29,383.09
$132,377.68
0
0
953.25
0
0
348.60
13,311.74
$6,181,057.59
1,063,269.24
354,302.46
81, 288.42
145,188.40
6,698.14
26,248.94
42,694.83
7,753,756.75
146,991.27
7,900,748.02
Funds^used in payment of the bank supervision costs are derived
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
31
CONTENTS
TABLES
Page
No. 1. Comptrollers and Deputy Comptrollers of the Currency since
1863
No. 2. Total number of national banks organized/ consolidated under act
November 7, 1918, as amended, insolvent, in voluntary liquidation, converted into and merged or consolidated with State banks
under Public Law 706 (12 U. S. C. 214), and in existence on
December 31, 1953
No. 3. National banks chartered during the year ended December 31,
1953
No. 4. National banks reported in voluntary liquidation during the year
ended December 31, 1953, the names of succeeding banks in
cases of succession, with date of liquidation and capital stock. _
No. 5. National banks merged or consolidated with and into State banks
under the provisions of Public Law 706 (12 U. S. C. 214, approved August 17, 1950, and the laws of the States where the
banks are located, during the year ended December 31, 1953,
with the effective date and the capital stock
No. 6. National banks converted into State banks under the provisions of
Public Law 706 (12 U. S. C. 214), approved August 17, 1950,
and the laws of the States where the banks are located, during
the year ended December 31, 1953, with the effective date and
the capital stock
No. 7. Purchases of State banks by national banks reported during the
year ended December 31, 1953, with title, location and capital
stock of the State banks and effective dates of purchase
No. 8. Consolidations of national banks, or national and State banks,
during the year ended December 31, 1953, under sections 1, 2,
and 3 of the act of November 7, 1918, as amended
No. 9. Mergers of national banks, or national and State banks, during
the year ended December 31, 1953, under sections 4 and 5 of the
act of November 7, 1918, as amended
No. 10. Number of domestic branches of national banks authorized during
the year ended December 31, 1953
No. 11. Number and class of domestic branches of national banks closed
during the year ended December 31, 1953
No. 12. Principal items of assets and liabilities of national banks, by size of
banks, according to deposits, December 31, 1952 and 1953
No. 13. 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 1953
No. 14. Dates of reports of condition of national banks, 1914 to 1953
No. 15. Assets and liabilities of national banks on April 20, June 30,
September 30, and December 31, 1953
No. 16. Fiduciary activities of national banks as of December 31, 1953-_
No. 17. Fiduciary activities of national banks by Federal Reserve districts
as of December 31, 1953
No. 18. Classification of investments under administration by the active
national bank trust departments, December 31, 1953
No. 19. Fiduciary activities of national banks by States as of December 31,
1953
No. 20. Earnings, expenses, and dividends of national banks, by States,
for the year ended December 31, 1953
No. 21. Earnings, expenses, and dividends of national banks, by Federal
Reserve districts, for the year ended December 31, 1953
No. 22. Earnings, expenses, and dividends of national banks, by size of
banks, for the year ended December 31, 1953
No. 23. Earnings, expenses, and dividends of national banks, years ended
December 31, 1951-53
No. 24. Number of national banks, capital stock, capital funds, net profits,
dividends and ratios, years ended December 31, 1929-53
3a
35
36
38
39
40
40
41
42
44
44
48
49
50
51
53
107
109
110
110
114
122
125
128
130
34
REPORT OF THE COMPTROLLER OF THE CURRENCY
Page
No. 25. Total loans of national banks, losses and recoveries on'loans, and
ratio of net losses or recoveries to loans, by calendar years 193453
No. 26. Total securities of national banks, losses and recoveries on securities, and ratio of net losses or recoveries to securities, by calendar
years 1934-53
No. 27. Foreign branches of American national banks, December 31, 1953.
No. 28. Consolidated statement of assets and liabilities of foreign branches
of national banks, December 31, 1953
No. 29. Assets and liabilities of banks in the District of Columbia, by
classes, December 31, 1953
1
No. 30. Assets and liabilities of all banks in the District of Columbia at
date of each call during year ended December 31, 1953
No. 31. Assets and liabilities of nonnational banks in the District of
Columbia at date of each call during year ended December 31,
1953
No. 32. Earnings, expenses, and dividends of banks in the District of
Columbia, years ended December 31, 1953 and 1952
No. 33. 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, 1929-53
No. 34. 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 1934-53
No. 35. 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 1934-53
No. 36. Summary of assets and liabilities December 31, 1953, and receipts
and disbursements in year ended December 31, 1953, of the 16
District of Columbia credit unions, chartered under the District
of Columbia Code
No. 37. Assets and liabilities of all active banks in the United States and
possessions, by classes, December 31, 1953
No. 38. Assets and liabilities of all active banks in the United States and
possessions, by States and Territories, December 31, 1953
No. 39. Assets and liabilities of active national banks, by States and Territories, December 31, 1953
No. 40. Assets and liabilities of all active banks other than national, by
States and Territories, December 31, 1953
No. 41. Assets and liabilities of active State commercial banks, by States
and Territories, December 31, 1953
No. 42. Assets and liabilities of active mutual savings banks, by States,
December 31, 1953
No. 43. Assets and liabilities of active private banks, by States, December
31, 1953
No. 44. Per capita demand and time deposits of individuals, partnerships,
and corporations in all active banks, by States, December 31,
1953
No. 45. Officials of State banking departments and number of each class of
active banks in December 1953
No. 46. Assets and liabilities of all active banks, 1940 to 1953
No. 47. Assets and liabilities of all active national banks, 1940 to 1953
No. 48. Assets and liabilities of all active banks other than national, 1940
to 1953
No. 49. 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, 1953No. 50. Number and deposits of national and District of Columbia nonnational banks placed in receivership, period April 14, 1865, to
December 31, 1953, by groups according to percentages of dividends paid to December 31, 1953
No. 51. National bank in charge of receiver during the year ended December 31, 1953
No. 52. Bank suspensions since inauguration of Federal deposit insurance,
years ended December 31, 1934 to 1953
131
131
132
133
134
136
137
138
140
141
142
143
144
146
154
162
170
178
182
186
188
190
191
192
193
196
198
199
REPORT OF THE COMPTROLLER OF THE CURRENCY
35
TABLE N O . 1.—Comptroller a 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
Dawos, Henry M
Mclntosh, Joseph W
Pole, John W
O'Connor, J. F. T__
_
Delano, Preston
Qidney, Ray M
May 9,1863
Mar. 21,1865
Feb. 1,1867
Apr. 25,1872
May 12,1884
Apr. 20,1886
May 1,1889
Aug. 2,1892
Apr. 26,1893
Jan. 1,1898
Oct. 1,1901
Apr. 27,1908
Feb. 2,1914
Mar. 17,1921
May 1,1923
Dec. 20,1924
Nov. 21,1928
May 11,1933
Oct. 24,1938
Apr. 16,1953
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
Feb. 15,1953
Indiana.
New York.
Ohio.
Minnesota.
Do.
South Carolina.
Michigan.
New York.
Illinois.
Do.
Do.
New York.
Virginia.
Ohio.
Illinois.
Do.
Ohio.
California.
Massachusetts.
Ohio.
May 9,1863
Aug. 1,1865
Mar. 12,1867
Aug. 8,1872
Jan. 5,1886
Jan. 27,1887
Aug. 11,1890
Apr. 7,1893
Mar. 12,1896
Sept. 1,1898
June 29,1899
July 1,1908
May 21,1923
July 1,1923
Jan. 6,1925
July 1,1927
July 6.1927
Dec. 1.1928
Jan. 24,1933
P.
Aug. 1,1865
Jan. 31,1867
Apr. 24,1872
Jan. 3,1886
Jan. 3,1887
May 25,1890
Mar. 16,1893
MAT. 11,1896
Aug. 31,1898
June 27,18992
Mar. 2,1923
Feb. 14,1927
Dec. 19,1924
June 30,1927
Nov. 30,1928
Feb. 15,1936
Oct. 16,1941
Jan. 23,1933
Jan. 15,1938
d«
Oct. 1,1944
Jan. 1,1949
Sept. 1,1950
Mar. 1,1951
Feb. 18,1952
Feb. 17,1952
Aug. 31,1950
New York.
Ohio.
Minnesota.
New York.
Do.
Virginia.
Indiana.
Kentucky.
South Carolina.
New York.
District of Columbia.
Indiana.
Illinois.
Do.
Virginia.
Maryland.
Indiana.
Washington.
Georgia.
California.
Texas.
California.
Iowa.
Do.
Do.
Nebraska.
Nebraska.
Texas.
New York.
Virginia.
Colorado.
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 0 _.
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.
.._
Garwood, G. W
1 Term expired.
2 Died Mar. 2.1923.
Jan. 16,1938 Sept. 30,1938
do
do
Oct. 1,1938 Dec. 31,1948
May 1,1939 Aug. 31,1941
July 7,1941 Mar. 1,1951
Sept. 1,1941 Sept. 30,1944
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 {12 U. S. C.
214), o,nd in existence on Dec. SI, 1953
Consolidated
under act Nov.
7, 1918, as
amended
Organized
Location
Maine
New Hampshire. _ . _
Vermont
Massachusetts
Rhode Island
Connecticut
_ _
13
5
17
28
2
7
77
22
28
204
57
65
1
854
44
72
453
2
283
63
23
53
129
59
211
1
17
7
430
138
422
18
62
12
3
12
2
11
353
197
583
11
58
9
145
424
1,082
3
17
11
5
6
8
2
2
5
3
37
1
10
7
28
38
44
43
4?
42
45
16
16
140
39
37
36
73
67
58
49
86
41
62
34
53
567
55
109
93
3,222
._
5
2
2
25
3
7
251
190
154
123
188
152
180
80
111
1,187
148
248
210
North Dakota
South Dakota
.
Nebraska
Kansas
Montana
.
Wyoming
Colorado
New Mexico..
- . ...
Oklahoma
Total Western States
In
Merged existence
Con- or converted solidated
to State with
banks State
banks
2,896
.
Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
_
_.
Missouri.
Total Middle Western States.
Total Pacific States
In
liquidation
992
419
1,282
30
141
32
Virginia
West Virginia
North Carolina South Carolina
Georgia
Florida..
Alabama
Mississippi
Louisiana. _
_
Texas
Arkansas
Kentucky
Tennessee .._
_
Total Southern States
Washington
Oregon
California
Idaho_
Utah
Nevada
Arizona
Insolvent
127
80
85
371
67
124
Total New England States...
New York
New Jersey
Pennsylvania
Delaware
Maryland
_
_
District of Columbia
Total Eastern States
Under Mergers
sees. under
1,2, sees. 4
and 3 and 5
Public L a w 706
(12 U. S. C. 214)
114
566
1,347
698
438
922
319
273
491
546
294
28
12
17
10
9
7
4
11
112
98
227
77
54
116
204
58
323
204
290
154
115
191
241
147
3,981
98
946
1,665
259
219
405
447
193
62
218
86
745
3
12
1
5
3
12
100
93
83
76
76
12
55
25
84
117
79
197
194
76
25
83
35
450
39
35
124
172
38
25
77
26
199
2,634
39
604
1,256
735
226
148
525
110
38
17
31
17
2
14
4
1
1
51
30
64
35
6
4
6
125
97
355
64
18
7
21
1,095
39
196
687
2
2
2
4
3
4
1
1
1
2
27
32
51
37
114
5
44
1,211
133
74
47
25
52
67
71
25
39
443
53
91
74
1
1
1,194
1
1
235
124
387
77
95
177
96
77
3
1,268
1
1
1
1
2
1
33
18
91
11
9
5
3
170
37
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 (12 U. S. C.
214), and in existence on Dec. 31, 1953—Continued
Consolidated
under act Nov.
7,1918, as
amended
Location
Alaska
The Territory of Hawaii
Puerto Rico
Virgin Islands of the United States..
Organized
7
6
1
1
15
Total possessions
Total United States and posU4,697
sessions
Under Mergers
sees. under
sees.4
1,2,
and 3 and 5
Public Law 706
(12 U. S. 0 . 214)
Insolvent
In
liquidation
Converted
to State
banks
In
Merged existence
or consolidated
with
State
banks
1
1
4
1
6
1
1
6
8
480
5 2 2,808 3 6,496
1
9
30
4,869
1 Includes 456 organized under act of Feb. 25,1863; 9,401 under act June 3,1864, as amended; 10 under Gold
Currency Act of July 12, 1870; and 4,830 under act of Mar. 14,1900.
2
Exclusive of those restored to solvency.
3 Includes 208 passed into liquidation upon expiration of corporate existence.
38
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 3.—National banks chartered during the year ended Dec. 81, 1953
Charter
No.
14691
Capital
stock
(common)
Title
ALASKA
$203,000
City National Bank of Anchorage
CALIFORNIA
14695
14684
14692
14696
City National Bank of Beverly Hills
500,000
FLORIDA
Citizens National Bank of Leesburg
_
_
The Florida National Bank at Perry
Community National Bank of Bal Harbour
_.
Total (3 banks)
..._
_
_.
150,000
100,000
500,000
750,000
ILLINOIS
14688
14689
National Bank of Albany Park in Chicago
Ottawa National Bank, Ottawa
Total (2 banks)
350,000
300,000
_
650,000
KENTUCKY
14693
First National Bank of La Center
100,000
_
LOUISIANA
14685
14687
First National Bank of West Monroe
The National Bank of Bossier City
_
250,000
200,000
__.
Total (2 banks)
450,000
MINNESOTA
14681
Northwestern National Bank of Bloomington-Richfield, Bloomington.
_
100,000
MISSISSIPPI
14690
First National Bank of Newton
_.
._
75,000
N E W YORK
14680
200,000
Glenville National Bank of Scotia
NORTH CAROLINA
14697
The University National Bank of Chapel Hill
_
100,000
OHIO
14686
14694
The Lake County National Bank of Painesville
Citizens National Bank of Flushing
Total (2 banks)
400, 000
75,000
475,000
OKLAHOMA
14682
14679
Utica Square National Bank of Tulsa
300,000
TEXAS
American National Bank of Houston
200,000
WYOMING
14683
Stockmans National Bank of Lusk
Total United States and possessions (19banks)_._
100,000
4,203,000
39
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 4.—National b.anks reported in voluntary liquidation during the year
ended Dec. 31, 1958, the names of succeeding banks in cases of succession, with
dote of liquidation and capital stock
Date of
liquidation
Title and location of bank
The First National Bank of New Concord, Ohio (6976), absorbed by The First
National Bank of Zanesville, Ohio
North Jersey National Bank of Pompton Lakes, N . J. (14451), absorbed by
First National Bank and Trust Company of Paterson, N. J
The Citizens National Bank of Lancaster, Ky. (2888), absorbed by The National Bank of Lancaster
The Farmers National Bank of Mercer, Pa. (13846), absorbed by The First
National Bank of Mercer
The First National Bank of Dayton, Pa. (5742), absorbed by The Punxsutawney National Bank, Punxsutawney, Pa
The First National Bank of Perryopolis, Pa. (6344), absorbed by The Second
National Bank of Uniontown, Pa
The Citizens National Bank of Frederick, Md. (3476), absorbed by Farmers
and Mechanics-Citizens National Bank of Frederick
The National Bank of Fairmount, N. Dak. (11641;, absorbed by Peoples
State Bank, Fairmount
The National Mohawk River Bank of Fonda, N . Y. (1212), absorbed by First
National Bank of Canajoharie, N. Y
The First National Bank of Irwin, Pa. (4698), absorbed by Peoples Union
Bank, McKeesport, Pa
The North Arlington National Bank, North Arlington, N. J. (12033), absorbed by The Rutherford National Bank, Rutherford, N . J
The First National Bank of Senecaville, Ohio (7399), absorbed by The Central National Bank at Cambridge, Ohio
First National Bank of Bellevue, Wash. (14580), absorbed by The Pacific
National Bank of Seattle, Wash
The Mystic River National Bank, Mystic, Conn. (645), absorbed by The
National Bank of Commerce of New London, Conn
The Milford National Bank, Milford, N . Y. (5210), absorbed by Wilbur National Bank of Oneonta, N . Y
The First National Bank of Barnegat, N . J. (8497), absorbed by The First
National Bank of Toms River, N . J
_
The Ambridge National Bank, Ambridge, Pa. (10839), absorbed by Mellon
National Bank and Trust Company, Pittsburgh, Pa___
The First National Bank of Oil City, Pa. (173), absorbed by Oil City Trust
Company, Oil City..-.
._
The Peoples National Bank of Washington, Pa. (9901), absorbed by Peoples
First National Bank & Trust Company, Pittsburgh, Pa
The First National Bank of Dallas, Pa. (8164), absorbed by Miners National
Bank of Wilkes-Barre, Pa
First National Bank in Sykesville, Pa. (14169), absorbed by The Punxsutawney National Bank, Punsxutawney, Pa
The First National Bank of Heron Lake, Minn. (5383), succeeded by Heron
Lake State Bank, Heron Lake
The First National Bank of Smithton, Pa. (5311), absorbed by The First
National Bank of McKeesport, Pa
The First National Bank of Pretty Prairie, Kans. (11316), absorbed by The
State Bank, Pretty Prairie
American National Bank of Idaho, Idaho Falls, Idaho » (6982), absorbed by
The Idaho First National Bank, Boise, Idaho
The First National Bank of Plymouth, Pa. (707), absorbed by The Wyoming
National Bank of Wilkes Barre, Pa
The Commercial National Bank of Smithfield, Utah (10135), absorbed by
First Security Bank of Utah, National Association, Ogden, Utah
The American National Bank of Big Bear Lake, Calif. (14585), absorbed by
The American National Bank of San Bernardino, Calif
The First National Bank of Roseau, Minn. (6783), absorbed by Citizens State
Bank of Roseau
The First National Bank of Hermiston, Oregon (9281), absorbed by The
United States National Bank of Portland, Oregon
The First National Bank of Ringtown, Pa. (6950), absorbed by The Pennsylvania National Bank and Trust Company of Pottsville, Pa
The First National Bank of Falls Creek, Pa. (6384), absorbed by DuBois
Deposit National Bank, DuBois, Pa__
The Phoenix National Bank of Providence, R. I. (948), absorbed by Rhode
Island Hospital Trust Company, Providence
The Union National Bank of Summerville, Pa. (6793), absorbed by Brookville
Bank and Trust Company, Brookville, Pa
The First National Bank of Kirkland, Wash. (11864), absorbed by The National Bank of Commerce of Seattle, Wash
The First National Bank of Warren, Pa. (520), absorbed by The Warren
National Bank, Warren
The First National Bank of Lockland, Ohio « (4133), absorbed by The First
National Bank of Cincinnati, Ohio..
1 W i t h 1 branch each a t Mackay, Rigby, Salmon a n d Shelley.
Dec. 31,1952
$50,000
Jan.
100,000
2,1953
Dec. 31,1952
50,000
do._
75,000
do
25,000
50,000
Jan. 16,1953
2,1953
100,000
Dec. 31,1952
30,000
Feb.
2,1953
100,000
Feb. 21,1953
150, COO
Feb. 27,1953
100,000
Feb.
Mar. 14,1953
25,000
Mar. 16,1953
140,000
Mar. 30,1953
100,000
50,000
Mar. 31,1953
Apr.
3,1953
110,000
Mar. 28,1953
150,000
Apr. 25,1953
125.000
May 15,1953
100,000
do__
100,000
May 29,1953
50,000
June
1,1953
35,000
May 29,1953
100,000
do
25,000
June 27,1953
350,000
June 29,1953
200,000
July
1,1953
25,000
July 17,1953
50,000
July 18,1953
35,000
Aug. 1,1953
100,000
Sept. 8,1953
25,000
Oct. 24,1953
50,000
Oct. 30,1953
500,000
Oct. 31,1953
50,000
Sept. 26,1953
260,000
Oct. 30,1953
200,000
Dec.
1,1953
295,000
4,080,000
Total (37 b a n k s ) .
Capital
stock
(common)
J
W i t h 1 branch in Lockland.
40
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 5.—National banks merged or consolidated with and into State banks
under the provisions of Public Law 706 (12 U. S. C. 214), approved Aug. 17,
1950, and the laws of the States where the banks are located, awing the year ended
Dec. 81, 1958, with the effective date and the capital stock
Title and location of bank
The First National Bank of Aliquippa, Pa. (8590), merged with and into
Woodlawn Trust Company, Aliquippa
The Farmers National Bank of Amsterdam, N. Y. (1335), merged with and
into State Bank of Albany, N. Y
The Bayside National Bank of New York, N. Y.i (13334), merged with and
into Bankers Trust Company, New York
__
Oswego County National Bank, Oswego, N. Y.2 (255), merged with and into
The Syracuse Trust Company, Syracuse, N. Y. and under the title "Marine
Midland Trust Company of Central New York"
The First National Bank and Trust Company of Massena, N. Y. (6694),
merged with and into The Northern New York Trust Company, Watertown, N. Y
The Windham County National Bank of Danielson, Conn. (1360), merged
with and into The Hartford-Connecticut Trust Company, Hartford, Conn.
The First National Bank of Somerset, Pa. (4100), merged with and into Somerset Trust Company, Somerset
Yardley National Bank, Yardley, Pa. (13950), merged with and into The
Bristol Trust Company, Bristol, Pa
The First National Bank of Croton on Hudson, N. Y. (9171), merged with and
into The County Trust Company, White Plains, N. Y
Tradesmens National Bank and Trust Company, Philadelphia, Pa.3 (570),
merged with and into Land Title Bank and Trust Company, Philadelphia,
and under the title "Tradesmens Land Title Bank and Trust Company"..
The Myerstown National Bank, Myerstown, Pa. (5241), merged with and
into Myerstown Trust Company, Myerstown, and under the title "Myerstown Bank and Trust Company"
National Bank of Germantown and Trust Company, Philadelphia, Pa. (546),
merged with and into Girard Trust Corn Exchange Bank, Philadelphia
The Peoples National Bank and Trust Company of White Plains, N. Y.<
(12574), merged with and into New Rochelle Trust Company, New Rochelle,
N. Y., and under the title "The Westchester Bank & Trust Company"
Effective
date
Capital
stock
(common)
Dec. 31, 1952
$50,000
Jan. 12,1953
300,000
Jan. 30,1953
800,000
do
625,000
Feb. 24, 1953
100,000
Mar. 9, 1953
250,000
Feb. 28,1953
100,000
Apr. 10, 1953
100,000
Apr. 30, 1953
100,000
June 19, 1953
4,489,100
July 18, 1953
Sept. 11, 1953
Oct. 30, 1953
Total (13 banks) .
125,000
1,000,000
700,000
8,739,100
1 With 2 branches in New York and 1 in Bayside.
2 With 1 branch in Oswego, 1 in Phoenix, and 2 in Fulton.
3 With 4 branches in Philadelphia.
< With 1 branch in Valhalla and 1 in White Plains.
TABLE NO. 6.—National banks converted into State banks under the provisions of
Public Law 706 (12 U. S. C. 214), approved Aug. 17, 1950, and the laws of the
States where the banks are located, during the year ended Dec. 81, 1958, with the
effective date and the capital stock
Title and location of bank
Effective
date
Illinois National Bank of Quincy, 111. (14449), converted into Illinois State
Bank of Quincy
The First National Bank of Dayton, Iowa (5302), converted into Iowa State
Bank and Trust Company, Dayton
Mar. 26, 1953
Total (2 banks)..
Sept. 5, 1953
Capital
stock
(common)
$250,000
35,000
285,000
REPORT OF THE COMPTROLLER OF THE CURRENCY
41
TABLE NO. 7.—Purchases of State banks by national banks reported during the
year ended Dec. 81, 1953, with title, location and capital stock of the State banks
and effective dates of purchase
Title and location of bank
Aberdeen National Bank, Aberdeen, S. Dak. (3326), purchased the Columbia
State Bank, Columbia, S. Dak
The Merchants National Bank of Indianapolis, Ind. (869), purchased the
Co-ops' State Bank, Beech Grove, Ind
Seattle-First National Bank, Seattle, Wash. (11280), purchased the Miners
and Merchants Bank, Chelan, Wash
First Security Bank of Idaho, National Association, Boise, Idaho (14444), purchased the First Trust & Savings Bank, Moscow, Idaho
First Security Bank of Utah, National Association, Ogden, Utah (2597), purchased the Bear River State Bank, Tremonton, Utah
The First Citizens National Bank of Upper Sandusky, Ohio (90), purchased
The Nevada Deposit Bank, Nevada, Ohio
The First National Bank of Carbondale, Pa. (664), purchased the Mayfield
State Bank, Mayfield, Pa
Seattle-First National Bank, Seattle, Wash. (11280), purchased the Spokane
Valley State Bank of Millwood, Wash
The National Bank of Auburn, N . Y. (1345), purchased the Citizens Bank of
Locke, N . Y
The Central National Bank at Cambridge, Ohio (13905), purchased the
Cumberland Savings Bank Company, Cumberland, Ohio
The Merchants National Bank of Muncie, Ind. (2234), purchased the Muncie
Banking Company, Muncie
The National City Bank of Cleveland, Ohio (786), purchased The Equity
Savings Association, Cleveland
The United States National Bank of Portland, Oreg. (4514), purchased the
First Security Bank, Beaverton, Oreg
The First National Bank of Altoona, Pa. (247), purchased the Roaring Spring
Bank, Roaring Spring, Pa
National Bank of Washington, Tacoma, Wash. (3417), purchased the Citizens
State Bank, Buckley, Wash
The First National Bank of Buhl, Minn. (11622), purchased the Buhl State
Bank, Buhl
_..
Total (16 banks) .
Effective
date
Jan.
Capital
stock
2,1953
$25,000
Jan. 30, 1953
115,000
Jan. 31, 1953
100,000
Mar. 31, 1953
250,000
do
35,000
May 29,1953
35,000
Feb. 11,1953
50,000
June 20, 1953
100,000
June 30, 1953
25,000
July 11,1953
50,000
Aug. 8,1953
175,000
Aug. 14,1953
900,000
Sept. 26, 1953
50,000
Oct. 17, 1953
50,000
Nov. 23, 1953
25,000
Nov. 20, 1953
25,000
2,010,000
42
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 8.—Consolidations of national banks, or national and State banks,
during the year ended Dec. SI, 1953, under sections 1, #, and 8 of the act of Nov. 7,
1918, as amended
Capital
stock
The First National Bank of Corona, Calif. (7867), with..
$100,000
Citizens Bank, Corona, Calif., with
100,000
and The Citizens National Trust and Savings Bank of
Riverside, Calif. (8907), which had
2,500,000
consolidated Feb. 28, 1953, under charter of the lastnamed bank (8907), and title "Citizens National
Trust & Savings Bank of Riverside." The consolidated bank at date of consolidation had
2,800,000
The Baxter National Bank of Baxter Springs, Kans.
(5952), with
50,000
and The American National Bank of Baxter Springs,
Kans. (11056), which had
50,000
consolidated Feb. 28,1953, under charter and title of
the latter bank (11056). The consolidated bank at
date of consolidation had
..100,000
The Marcus Hook National Bank, Marcus Hook, Pa.
(11505), with
175,000
and The First National Bank of Chester, Pa. (332),
which had
400,000
consolidated Mar. 31,1953, under charter and title of
the latter bank (332). The consolidated bank at
date of consolidation had
575,000
The Mansfield Savings Trust National Bank, Mansfield, Ohio * (13920), with
1,200,000
and The Citizens National Bank and Trust Company of Mansfield, Ohio (2577), which had
600,000
consolidated Mar. 31, 1953, under the charter of the
latter bank (2577), and title ''First National Bank
of Mansfield". The consolidated bank at date of
1,905,000
consolidation had
Port Washington-Manhasset National Bank, Port
775,000
Washington, N . Y.2 (11292), with
and The Meadow Brook National Bank of Freeport,
N . Y. (7703), which had
—
1,770,000
consolidated Mar. 31, 1953, under the charter and
title of the latter bank (7703). The consolidated
bank at date of consolidation had.
<• 2,609,583
Farmers Bank and Trust Company, Williamsburg,
50,000
Ky.,with___.
and The First National Bank of Williamsburg, Ky.
50,000
(7174), which had
consolidated Apr. 1, 1953, under the charter of the
latter bank (7174), and title "Farmers National
Bank of Williamsburg". The consolidated bank
100,000
at date of consolidation had
The Marine Savings Bank Company, Ashtabula,
110,000
Ohio,*with
=.
and The Farmers National Bank and Trust Com300,000
pany of Ashtabula, Ohio (975), which had
consolidated Apr. 9,1953, under the charter and title
of the latter bank (975). The consolidated bank at
382,500
date of consolidation had
The Monroe National Bank, Monroe, Ohio (7947),
50,000
with
_.._
and First National Bank of Middletown, Ohio
625,000
(14565), which had
consolidated May 29,1953, under the charter and title
of the latter bank (14565). The consolidated bank
1,000,000
at date of consolidation had
The Wnion National Bank of Houston, Texas (9712),
with
.- 1,000,000
and South Texas National Bank of Houston, Texas
(10152), which had
3,000,000
consolidated May 29, 1953, under the charter of the
latter bank (10152), and title "Texas National Bank
of Houston". The consolidated bank at date of
5,000,000
consolidation had
25,000
State Bank of Silvana, Wash., w i t h . . .
and The National Bank of East Stanwood, Wash.
(13439), which had
50,000
consolidated June 30,1953, under the charter and title
of the latter bank (13439). The consolidated bank
200,000
at date of consolidation had
* With 2 branches in Mansfield and 1 in Lexington.
• With 2 branches in Manhasset and 1 in Port Washington.
With 1 branch in Ashtabula.
Surplus
Undivided
profits
Total
assets
$200,000
100,000
$39,519
60,527
$5,102,519
2,926,282
2,500,000
829,835
104,838,710
2,800,000
889,284
112,382, 550
10,000
41,019
1,334,747
50,000
122,719
4,950,498
6,285,245
60,000
163,738
175,000
130,144
5,661,670
500,000
276,232
16,422,119
675,000
406,376
22,083,789
1,600,000
449,691
36,988,954
800,000
392,726
21,884,411
2,540,000
387,094
58, 758,482
606,500
227,973
27,504,611
1,770,000
925,339
68,942,361
2,500,000
965,228
96,446,972
100,000
33,055
1,613,426
90,000
6,909
895,390
100,000
61,821
2,513,245
77,000
45,577
3,159,713
300,000
487,915
13,924,897
617,500
335,456
17,099,575
75,000
39,803
1,830,082
1,075,000
395,830
30,121,967
825,000
435,634
31,952,049
1,000,000
1,197,959
82,312,059
3,000,000
1,562,817
140,080,512
5,000,000
10,000
1,480,483
12,865
215,834,304
657,326
75,000
16,870
2,256,174
40,000
14,736
2,876,614
REPORT OF THE COMPTROLLER OP THE CURRENCY
43
TABLE NO. 8.—Consolidations of national banks, or national and State banks,
during the year ended Dec. 31, 1953, under sections 1, 2, and 3 of the act of Nov. 7,
1918, as amended—Continued
Capital
stock
The Swarthmore National Bank and Trust Company,
Swarthmore, Pa. (7193), with
and The First National Bank of Media, Pa. (312),
which had
consolidated June 30, 1953, under the charter of the
latter bank (312), and title "The First National
Bank of Delaware County, Media, Pennsylvania".
The consolidated bank at date of consolidation had.
Northport Trust Company, Northport, N. Y., with___
and First Suffolk National Bank of Huntington,
N. Y. (6587), which had
consolidated July 10,1953, under the charter and title
of the latter bank (6587). The consolidated bank
at date of consolidation had
The New London City National Bank, New London,
Conn.* (1037), with
The National Bank of Commerce of New London,
Conn. 5 (666), with
and Hartford National Bank and Trust Company,
Hartford, Conn. (1338), which had
....
consolidated July 31,1953, under the charter and title
of the last-named bank (1338). The consolidated
bank at date of consolidation had
The Indiana Trust Company, Indianapolis, Ind., with —
and The Merchants National Bank of Indianapolis,
Ind. (869), which had
-.
consolidated Sept. 30, 1953, under the charter of the
latter bank (869), and title "Merchants National
Bank & Trust Company of Indianapolis". The
consolidated bank at date of consolidation had
The First National Bank of Schaefferstown, Pa. (8962),
with
and Lebanon National Bank, Lebanon, Pa. (680),
which had
consolidated Sept. 30, 1953, under the charter and
title of the latter bank (680). The consolidated
bank at date of consolidation had
Merchants and Mechanics Bank of Columbus, Ga.,8
with
and The First National Bank of Columbus, Ga.
(2338), which had
consolidated Oct. 24,1953, under the charter and title
of the latter bank (2338). The consolidated bank
at date of consolidation had
The First National Bank of Bellmore, N . Y. (11072),
with
and The Franklin National Bank of Franklin Square,
N. Y. (12997), which had
consolidated Dee. 30, 1953, under charter and title of
the latter bank (12997). The consolidated bank at
date of consolidation had
First National Bank of Walden, N . Y. (10923), with.__
and The Wallkill National Bank, Wallkill, N . Y.
(10155), which had
consolidated Dec. 31, 1953, under charter of the latter
bank (10155), and title "The Valley National Bank,
Wallkill, N . Y . " The consolidated bank at date
of consolidation had
Surplus
$275,000
$127, 503
$6,190,095
500,000
500,000
129,138
19, 516,969
800,000
150,000
700,000
150,000
156, 641
84,928
25, 707,065
6,838,187
476,000
750,000
190, 360
19,401,026
726,250
799,750
275, 288
26,239,214
750,000
406,000
69,482
16,368,075
600,000
600,000
305,008
18, 581,234
6,000,000
6,000,000
5,255,449
258,819,071
7,050,000
1,000,000
7,050,000
1, 500,000
5,461,096
1,907,093
293, 678, 536
38,438, 750
2,025,000
3, 500,000
3,792, 586
154,424,013
3,227, 500
5,000,000
5,497,178
187, 710, 242
50,000
36, 500
8,456
1,234, 509
200,000
400,000
321,479
9,312,989
10, 547,498
225,000
450,000
341,435
200,000
600,000
756,174
17,100, 782
300,000
500,000
260,335
15,221,116
1,000,000
1,000,000
698,267
32,321,899
100,000
200,000
127, 571
8,432,231
5,600,000
5,600,000
1,842, 594
187,196,468
5, 735,000
100,000
5,800, 000
100,000
1, 935,165
59,050
195, 628,699
3,685, 932
300,000
83,392
5,630,329
350,000
142, 442
9,316,261
100,000
* With 1 branch in Stonington, 1 in Niantic and 1 in Old Saybrook.
5 With 1 branch in Mystic.
With 2 branches in Columbus.
Total
assets
$125,000
250,000
6
Undivided
profits
44
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 9.—Mergers of national banks, or national and State banks, during the
year ended Dec. 31, 1953, under sections 4 and 5 of the act of Nov. 7, 1918, as
amended
Capital
stock
Industrial Bank of Central New York, Syracuse,
N. Y.,with
and Lincoln National Bank and Trust Company of
Syracuse, N. Y. (13393), which had
merged June 26, 1953, under charter and title of the
latter bank (13393). The merged bank at date of
merger had
r
The First National Bank of Conshohocken, Pa. (2078),
with
and The Philadelphia National Bank, Philadelphia,
Pa. (539), which had
merged Sept. 25, 1953, under charter and title of the
latter bank (539). The merged bank at date of
merger had...
Surplus
Total
assets
Undivided
profits
$200,000
$150,000
$220,929
$6,168,134
1,200,000
2,000,000
1,467,989
71,403,442
1,200,000
2,000,000
1,530,318
77,571, 575
275,000
725,000
240,052
16,181,947
14,660,000
40,340,000
15,804,631
797,707,707
14,880,000
41,120,000
16,044,682
811,309,354
TABLE NO. 10.—Number of domestic branches of national banks authorized during
the year ended Dec. 31, 1953
Branches authorized under act of Feb. 25,1927,
as amended
Charter
No.
Title and location
Local
3728
14324
First National Bank of Arizona, Phoenix, Arizona.
The Valley National Bank of Phoenix
2491
6268
3518
7279
8907
10931
10391
13044
Security-First National Bank of Los Angeles.
The First National Bank of Ontario
The First National Bank of Pomona
The First National Bank of San Mateo County at Redwood City....
The Citizens National Trust and Savings Bank of Riverside
The American National Bank of San Bernardino
The United States National Bank of San Diego
Bank of America National Trust and Savings Association, San Francisco.
First National Bank in Santa Ana.
CALIFORNIA
14045
CONNECTICUT
1338
Hartford National Bank and Trust Company, Hartford.
The National Bank of Commerce of New London
DISTRICT OF COLUMBIA
14550
5046
Anacostia National Bank of Washington.
The Riggs National Bank of Washington, D. C
GEORGIA
1559
2338
13472
The First National Bank of Atlanta
The First National Bank of Columbus
The Liberty National Bank & Trust Company of Savannah.
14444
1668
IDAHO
First Security Bank of Idaho, National Association, Boise
INDIANA
The Idaho First National Bank, Boise..
12132
14529
14398
869
2234
17
1988
The National City Bank of Evansville
Mercantile National Bank of Hammond
__
The First National Bank in Huntington
The Merchants National Bank & Trust Company of Indianapolis.
The Merchants National Bank of Muncie
_
The First National Bank of Richmond
_
The Second National Bank of Richmond
_
__
Other
than
local
Total
REPORT OF THE COMPTROLLER OF THE CURRENCY
45
TABLE NO. 10.—Number of domestic branches of national banks authorized during
the year ended Dec. 31, 1953—Continued
Branches authorized under act of Feb. 25,1927,
as amended
Charter
No.
Title and location
Local
6028
906
The First-Hardin National Bank of Elizabethtown
First National Bank and Trust Company of Lexington.
13732
13689
Louisiana National Bank of Baton Rouge
The First National Bank of Jefferson Parish at Gretna..
The National Bank of Commerce in New Orleans
LOUISIANA
MARYLAND
1267
3250
8381
Farmers and Mechanics-Citizens National Bank of Frederick _
The Salisbury National Bank, Salisbury.
The Second National Bank of Towson
MASSACHUSETTS
475
5155
1320
1939
13252
947
2108
516
The Merchants National Bank of Boston
The National Shawmut Bank of Boston
The Falmouth National Bank, Falmouth
Holyoke National Bank, Holyoke
_._
Newton National Bank, Newton
The Machinists National Bank of Taunton
The Union Market National Bank of Watertown.
The First National Bank of Yarmouth
14641
14443
13738
13671
4840
Peoples National Bank of Bay City
Industrial National Bank-Detroit
The Manufacturers National Bank of Detroit
National Bank of Detroit
The National Lumberman's Bank of Muskegon.
13403
The Commercial National Bank of Greenville
MICHIGAN
MISSISSIPPI
NEW JERSEY
The Boardwalk National Bank of Atlantic City
Beaoh Haven National Bank and Trust Company, Beach Haven.
The Third National Bank & Trust Company of Camden
apany (
The First National Bank of Cape May Court House..
The National Union Bank of Dover
The National State Bank of Newark
The National Bank of Ocean City
First National Bank and Trust Company of Paterson
The Ocean County National Bank of Point Pleasant Beach
Citizens First National Bank and Trust Company of RidgewoodThe First National Bank of Roselle
The Rutherford National Bank, Rutherford.
The City National Bank and Trust Company of Salem
2509 The First National Bank of Toms River, N. J., Toms River.
I
8800
11658
13203
7945
2076
1452
14145
329
5712
11759
8483
5005
3922
NEW MEXICO
12485
Albuquerque National Bank, Albuquerque.
NEW YORK
1345
35
202
13441
1122
12997
7703
334
The National Bank of Auburn
The Fishkill National Bank of Beacon
First National Bank of Binghamton
First National Bank of Buffalo
First National Bank of Canajoharie
The Franklin National Bank of Franklin Square..
The Meadow Brook National Bank of Freeport...
The First National Bank of Greenport
303318—54-
Other
than
local
Total
46
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 10.—Number of domestic branches of national banks authorized during
the year ended Dec. 31, 1953—Continued
Branches authorized under act of Feb. 25,1927,
as amended
Charter
No.
Title and location
Local
NEW TOEK—continued
990
6587
8453
548
2370
1461
2151
11033
13393
1342
10155
2657
12574
The Farmers National Bank of Hudson
_
First Suffolk National Bank of Huntington
Chautauqua National Bank & Trust Company of Jamestown
The First National Bank of Jamestown
The Chase National Bank of the City of New York
The National City Bank of New York
___
Wilber National Bank of Oneonta
The Nassau County National Bank of Rockville Centre
Lincoln National Bank and Trust Company of Syracuse
The Merchants National Bank & Trust Company of Syracuse
The Valley National Bank, Wallkill, N . Y., Wallkill
The Watertown National Bank, Watertown
The Peoples National Bank and Trust Company of White Plains
13721
13613
2135
13779
14291
13985
13761
10608
First National Bank and Trust Company in Asheville
The National Bank of Burlington
_
The Commercial National Bank of Charlotte
The Citizens National Bank in Gastonia
_
.
National Bank of Commerce of Gastonia
The Guilford National Bank of Greensboro
Security National Bank of Greensboro
The Planters National Bank & Trust Company of Rocky Mount. _
NORTH CAROLINA
OHIO
First National Bank of Akron..
The Farmers National Bank and Trust Company of Ashtabula..
The National Bank of Ashtabula.._
The First National Bank of Burton
6249
13905 The Central National Bank at Cambridge
._
24 The First National Bank of Cincinnati
4318 Central National Bank of Cleveland
786 The National City Bank of Cleveland
1788 The Merchants National Bank and Trust Company of Dayton..
10 The Third National Bank and Trust Company of Dayton
56 The First National Bank and Trust Company of Hamilton
2577 First National Bank of Mansfield
14565 First National Bank of Middletown
7638 The First-Knox National Bank of Mount Vernon
14686 The Lake County National Bank of Painesvillo
238 The First National Bank of Springfield
90 The First Citizens National Bank of Upper Sandusky
2479 The Second National Bank of Warren
5635 The First National Bank of Waverly
14579
975
5075
OREGON
1553
4514
The First National Bank of Portland..
_
The United States National Bank of Portland
__.
PENNSYLVANIA
247
138
717
664
4272
332
5019
240
680
2222
312
392
667
539
213
The First National Bank of Altoona
The First National Bank and Trust Company of Bethlehem
The Farmers National Bank of Bucks County, Bristol
The First National Bank of Carbondale
.
The Valley National Bank of Chambersburg
The First National Bank of Chester, Pennsylvania, Chester
DuBois Deposit National Bank, DuBois
_.
The First National Bank of Lebanon
Lebanon National Bank, Lebanon
The First National Bank of McKeesport
The First National Bank of Delaware County, Media, Pennsylvania,
Media
_
The First National Bank of Mercer...
The First National Bank and Trust Company of Mount Joy.
The Philadelphia National Bank, Philadelphia
Second National Bank of Philadelphia
Other
than
local
Total
REPORT OF THE COMPTROLLER OF THE CURRENCY
47
TABLE NO. 10.—Number of domestic branches of national banks authorized during
the year ended Dec. 81, 1953—Continued
Branches authorized under act of Feb 25,1927,
as amended
Charter
No.
Title and location
Local
Other
than
local
Total
PENNSYLVANIA—continued
6301
252
603
1663
5702
5034
13196
30
13852
732
13823
Mellon National Bank and Trust Company, Pittsburgh
_
Peoples First National Bank & Trust Company, Pittsburgh
The National Bank of Pottstown.
_
_
The Pennsylvania National Bank and Trust Company of Pottsville..
The Punxsutawney National Bank, Punxsutawney
--The Second National Bank of Uniontown
_
Upper Darby National Bank, Upper Darby
The First National Bank of Wilkes-Barre
Miners National Bank of Wilkes-Barre
The Wyoming National Bank of Wilkes-Barre
The First National Bank at Wilkinsburg
SOUTH CAROLINA
The Citizens and Southern National Bank of South Carolina, Charleston.
2044 The South Carolina National Bank of Charleston.
10635 The Peoples National Bank of Greenville.
14594 Piedmont National Bank of Spartanburg
14425
TENNESSEE
13635
10842
13681
13349
13103
The Hamilton National Bank of Johnson City.
The First National Bank of Kingsport
National Bank of Commerce in Memphis
Union Planters National Bank of Memphis
Third National Bank of Nashville
UTAH
2597
First Security Bank of Utah, National Association, Ogden.
7093
651
2594
1522
7206
4635
13792
1111
2737
Alexandria National Bank, Alexandria
The First National Bank of Alexandria
The Peoples National Bank of Charlottesville
The Lynchburg National Bank and Trust Company, Lynchburg-.
The First National Bank of Martinsville
The First National Bank of Newport News
The Citizens National Bank of Petersburg
_...
First and Merchants National Bank of Richmond
_
The First National Exchange Bank of Roanoke
13439
9079
4375
13230
14394
11280
3417
The National Bank of East Stanwood....
_.
The Washington National Bank of Ellensburg
The National Bank of Commerce of Seattle.
The Pacific National Bank of Seattle
Peoples National Bank of Washington in Seattle..
Seattle-First National Bank, Seattle
National Bank of Washington, Tacoma
_.
WASHINGTON
Total (166 banks).
93
125
218
48
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 11.—Number and class of branches of national bcnks closed during the
year ended Dec. 81, 1953
Branches closed
Charter
No.
Title and location
14045
First National Bank in Santa
Ana.
Branches under act
Feb. 25, 1927, as State bank
amended
branches
in operaManner of closing
tion Feb.
Additional
25,1927,
offices
Branches
which be- authorized which were
converted
came
consolibranches since Feb. or dated
25,1927
Feb. 25,
1927
CALIFORNIA
Board of directors.
GEORGIA
13068
The Citizens and Southern
National Bank, Savannah.
_do-
5550
Bishop National Bank of
Hawaii at Honolulu.
.do.
American National Bank of
Idaho, Idaho Falls.
Shareholders.
The National Bank of Commerce in New Orleans.
Board of directors.
MASSACHUSETTS
1939
Holyoke National Bank,
Holyoke.
5712
The Ocean County National
Bank of Point Pleasant
Beach.*
_do.
NEW JERSEY
.do-
NEW YORK
13334
11034
255
12574
The Bayside National Bank of Shareholders
New York.
The Public National Bank of Board of directorsNew York.
Oswego County National Shareholders. ._
Bank, Oswego.
The Peoples National Bank ..—do
and Trust Company of
White Plains.
OHIO
4133
The First National Bank of
Lockland.
.do-
PENNSYLVANIA
5019
570
DuBois Deposit National
Bank, DuBois.
Tradesmens National Bank
and Trust Company, Philadelphia.
Total (14 banks).
1
Seasonal agency.
Board of directorsShareholders. _.
26
TABLE N O . 12.—Principal items of assets and liabilities of national banks, by size of banks, according to deposits, Dec. 31, 1952 and 1953
Deposits
Loans and securities
Loans and
discounts,
including
rediscounts
and overdrafts
Cash, balances with
other
banks,
U. S. Govincluding
Other
ernment
reserve
bonds
obligawith
and
tions—
Federal
direct and securities Reserve
guaranteed
banks
3,738
22, 547
49,101
398,766
1, 856,925
2,164,321
3,172,475
2,306,333
2,379,582
8,056, 561
15,709,324
3,001
753
22,270
4,755
55,188
8,204
474,120
72,489
2,391, 260 492,115
2,920, 677 675,319
4,337, 789 980,619
3,094,125 694,485
2,952, 659 556, 717
8, 549, 859 1, 447,614
11,135,494 3,422,773
4,385
19,292
38,368
313,633
1,466,878
1, 705,678
2, 535, 420
1, 973,400
2,120, 737
6, 699, 257
9, 522,355
4,916 80,411,958 36,119,673 35,936, 442 8,355,843
26,399, 403
Number of
banks
Total
Real
estate
assets
Total
assets
Capital
stock
Surplus,
profits
and
reserves
Total
Demand
Time
1952
Banks with deposits o—
f
$500,000 and under
$500,001 to $750,000
$750,001 to $1,000,000
$1,000,001 to $2,000,000
$2,000,001 to $5,000,000
$5,000,001 to $10,000,000
$10,000,001 to $25,000,000
$25,000,001 to $50,000,000
$50,000,001 to $100,000,000
$100,000,001 to $500,000,000
$500,000,001 and over
Total
7,492
25
49,572
96
150
112,493
752
945,375
1,738 4, 740,300
1,002 5, 760,317
684 8,490,883
222 6,094,943
109 5,888,958
116 18, 054,034
22 30,267, 591
11, 944
62
69, 291
389
152,058
1,091
1, 268,088
8,317
46, 724 6, 258, 553
7,532, 960
58,871
101,362 11,147,922
8,162,344
74,870
72, 726 8,105,326
216, 549 25,066,875
247,382 40,357,382
9,082
793
735
10,399
48, 509
4,917
3,122
61,156
135, 597
98,647
10,450
5,760
825,093
80, 749 1,145,618
37,455
145,148 351, 753 5, 744, 992 3,992, 493
151, 804 380, 785 6,970,097 4, 753, 583
490, 717 10,365,112 7,107,658
224,051
330, 816 7, 620,777 5,611, 216
154,336
150, 080 310, 003 7, 575, 431 5, 983, 778
445, 207 986,348 23,376,315 19,344, 501
907,154 1,887,038 36, 252, 282 28,364, 728
1,317
12,647
36,950
320, 525
1, 752, 499
2, 216, 514
3, 257, 454
2,009, 561
1, 591,653
4, 031,814
7, 887, 554
828,343 108,132, 743 2, 224, 852 4,834, 369 99, 257, 776 76,139, 288 23,118, 488
1953
Banks with deposits of—
$500,000 and under
$500,001 to $750,000
$750,001 to $1,000,000
$1,000,001 to $2,000,000
$2,000,001 to $5,000,000
$5,000,001 to $10,000,000
$10,000,001 to $25,000,000
$25,000,001 to $50,000,000
$50,000,001 to $100,000,000
$100,000,001 to $500,000,000
$500,000,001 and over
Total
4,219
7,940
26
21,659
44, 243
84
118
44,344
88,921
731
927,986
406,104
1,741 4,850,485 1, 998,620
1,000 5,844, 706 2,323,218
678 8,482,699 3,340,138
235 6,482,682 2, 540,074
108 5,868,281 2, 499,800
122 19,395,221 9,109,691
21 30,161, 215 15,656, 279
3,005
716
18,853
3,731
37, 443
7,134
447,304
74, 578
2,341, 547
510,318
2,819, 775 701,713
4,156, 927 985,634
3,208,635
733,973
2, 789,066 579,415
8, 784,435 1, 501,095
10,981, 773 3, 523,163
4,562
16, 704
29, 208
301,866
1, 444, 574
1,674, 896
2,430,025
2,023,843
2,010,849
7, 254, 682
9,354,309
4,864 82,154,379 37,944,146 35, 588, 763 8,621,470
26, 545, 518
12,608
100
320
61,306
786
119,020
8,434
1, 239,042
50,323
6,350,307
63, 751 7, 591,809
108,928 11,040,199
83,066
8,609,707
74,090
7,978,412
234,850 27,000,192
265,340 40,114,097
1,022
9,158
10, 761
810
4,362
54,166
2,668
41, 993
105,631
4,363
8,677
78,474
36,453
1,117, 257
82,190
803,966
146,822 367,310
5,816, 976 3, 997, 409
155,046
398, 208 7,007,005 4, 735, 557
225, 895 510, 831 10,230, 836 6,871, 907
164, 245 353, 762 8,026, 534 5,786,075
154, 576 324, 589 7,418,061 5, 725,361
495,199 1,104,361 25,096,002 20, 551,358
915,680 1,952,447 36,064,004 27,588, 526
1, 603
12,173
27,157
313, 291
1, 819, 567
2, 271, 448
3,358, 929
2, 240, 459
1, 692, 700
4, 544,644
8, 475,478
889,988 110,116, 699 2,301, 757 5,107, 759 100,947,233 76,189, 784 24, 757, 449
CO
50
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 13.—Number of national banks in United Stales 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 1953
June 30,1942..
Dec. 31,1942...
June 30,1943Dec. 31, 1943—
June 30, 1944—
Dec. 30,1944...
June 30,1945..
Dec. 31,1945June 29,1946Dec. 31,1946-.
June 30,1947Dec. 31,1947...
June 30,1948..
Dec. 31,1948...
June 30,1949...
Dec. 31,1949...
June 30,1950Dec. 30,1950—
June 30,1951...
Dec. 31,1951—
June 30,1952..
Dec. 31,1952—
June 30,1953Dec. 31,1953...
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
4,932
4,916
4,881
4,864
Banks with surplus
equal to or exceeding
common capital stock
Banks with surplus
less than common
capital stock
Number
Number
of banks
Number
2,115
2,205
2,275
2,434
2,576
2,749
2,946
3,180
3,318
3,531
3,637
3,773
3,820
3,963
4,003
4,132
4,148
4,236
4,242
4,324
4,327
4,398
4,368
4,406
Percent
41.41
43.35
44.91
48.24
51.09
54.64
58.67
63.31
66.12
70.44
72.48
75.29
76.34
79.31
80.17
82.96
83.34
85.32
85.65
87.42
87.73
89.46
89.49
90.58
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
605
518
513
458
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
12.27
10.54
10.51
9.42
51
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 14.—Dates of reports of condition of national bonks, 1914 to 1953
[For dates of previous calls see report for 1920, vol. 2, table No. 42, p. 150]
1914
1915
1916 ...
1917
1918
1919 --.
1920
1921
1922
1923
1924
1925
1926
1927
1928 1929....
1930 1931
1932
1933
1934
1935
1936
1937
1938 _
1939
1940
1941 .
1942
1943
1944
1945
1946
1947 . .
1948
1949
1950
1951..
1952
1953.
Jan.
Feb.
13
Mar.
Apr.
4
4
7
5
June
1
1
1
10
12
4
4
4
28
21
May
5
10
29
30
30
27
27
30
30
30
30
30
30
30
29
30
25
30
5
4
4
31
7
30
30
30
29
30
30
30
3
31
6
12
23
28
Aug.
30
23
30
20
30
28
July
Sept.
-» tO tO tO
Year
29
30
4
4
Nov.
31
10
17
20
1
31
12
8
6
15
14
17
15
30
30
30
29
20
28
10
3
4
24
29
30
1
28
2
20
30
31
30
31
31
31
31
31
31
31
31
18
31
30
31
31
30
6
31
1
30
30
30
31
29
30
24
30
30
31
31
31
25
17
30
12
11
24
9
31
31
27
31
29
31
31
31
31
31
31
31
31
30
13
Dec.
31
10
30
29
26
Oct.
5
30
4
10
31
31
30
31
31
31
NOTES
Act of Feb. 25, 1863, provided for reports of condition on the first of each quarter, before commencement
of business.
Act of June 3, 1864—First Monday of January, April, July, and October, before commencement of business, on form prescribed by Comptroller (in addition to reports on first Tuesday of each month showing
condition at commencement of business in respect to certain items; i. e., loans, specie, deposits, and
circulation).
Act of Mar. 3, 1869, not less than 5 reports per year, on form prescribed by Comptroller, at close of business on any past date by him specified.
Act of Dec. 28, 1922, minimum number of calls reduced from 5 to 3 per year.
Act of Feb. 25,1927, authorized a vice president or an assistant cashier designated by the board of directors
to verify reports of condition in absence of president and cashier.
Act of June 16,1933, requires each national bank to furnish and publish not less than 3 reports each year
of affiliates other than member banks, as of dates identical with those for which the Comptroller shall
during such year require reports of condition of the bank. The report of each affiliate shall contain such
information as in the judgment of the Comptroller shall be necessary to disclose fully the relations between
the affiliate and the bank and to enable the Comptroller to inform himself as to the effect of such relations
upon the affairs of the bank.
Sec. 21 (a) of the Banking Act of 1933 provided, in part, that after June 16,1934, it would be unlawful for
any private bank not under State supervision to continue the transaction of business unless it submitted
to periodic examination by the Comptroller of the Currency or the Federal Reserve bank of the district,
and made and published periodic reports of condition the same as required of national banks under section
5211, U. S. R. S. Sec. 21 (a) of the Banking Act of 1933, however, was amended by section 303 of the Banking Act of 1935, approved Aug. 23,1935, under the provisions of which private banks are no longer required
to submit to examination by the Comptroller or Federal Reserve bank, nor are they required to make to
the Comptroller and publish periodic reports of condition. (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. 15
ASSETS AND LIABILITIES OF NATIONAL BANKS ON
APRIL 20, JUNE 30, SEPTEMBER 30, AND DECEMBER 31, 1953
BY STATES AND TERRITORIES
53
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, 1953
ALABAMA
[In thousands of dollars]
Apr/20,
1953
Sept. 30,
1953
Dec. 31,
1953
71 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,
1953
71 banks
71 banks
71 banks
355,728
334,107
9
102,865
16,206
360,881
367,176
57
104,448
15,817
365,523
388,288
2
113, 503
12,497
1,721
129,155
22,303
1,755
124,469
1,763
117,415
23,643
1,799
138,319
20,944
120,213
8,406
444
126,840
8,192
664
142, 550
8,300
594
148,639
8,253
708
477
1,445
1,904
1,061
476
719
1,589
1,064
431
1,025
2,055
1,330
423
852
1,940
1,038
1,124,319
Total assets-
363,408
356,141
2
101,998
15,641
1,097,351
1,147,485
1,202,728
622,454
618,184
642,971
662,766
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.
213,345
10
26,268
93,352
72,181
7,655
1,085,265
817,120
218,146
214,839
217,050
10
10
21,869
34,195
79,624
79,494
68,191
74,804
6,531
7,709
/, 009,248 1,056,233
789,558
834,340
219,690
221,893
217,488
10
29,313
104,835
85,317
11,491
1,111,220
888,822
222,898
75
75
75
75
1,804
3,879
4,427
719
3,782
3,985
1,248
3,939
4,696
1,131
1,017
3,831
4,906
1, 046,138
1,018,738
1,067,322
1,122,692
23,732
34,613
15,616
4,220
23,762
34,853
15,589
4,409
23,762
34,878
17,072
4,451
24,137
36,000
15,792
4,107
CAPITAL ACCOUNTS
Capital stock: Common stock..
Surplus.
_.
Undivided profits
Total capital accounts
Total liabilities and capital accounts
78,181
78,613
1,124,319
1,097,351
1,147,485
1,202,728
148,188
145,225
161,298
161,900
80,036
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. SI, 1953—Continued
ALASKA
[In thousands of dollars]
Apr. 20,
1953
Total assets-
Sept. 30,
1953
Dec. 31,
1953
5 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
Reserve with approved national banking associationsCurrency 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,
1953
5 banks
6 banks
6 banks
22,356
40,288
23,428
39,631
22, 768
43,194
22,869
,43,414
2,403
2,341
12,605
6,009
2,381
2,835
15,692
3,963
2,379
6,482
17,720
3,712
3,990
6,482
13,926
4,566
3,712
838
16
3,737
904
16
4,089
1,215
16
4,111
1,236
22
15
4
138
115
90, 679
92, 729
101, 800
100, 746
39,332
42, 632
47,154
42,270
16,605
10
19, 473
9,333
895
17, 504
10
19, 499
7,591
759
557
88, 552
56,015
32,537
19,343
10
20,430
8,451
952
671
97,011
62, 724
34,287
19,425
10
20,686
12,029
1,071
689
96,180
68,794
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 .
54,482
32,148
114
53
11
131
108
22
130
126
86, 806
88, 730
97, 272
96,445
1,225
1,485
801
362
1,225
1,485
922
367
1,428
1,537
1,178
385
1,428
1,570
939
364
CAPITAL ACCOUNTS
Capital stock: Common stock..
Surplus
_
Undivided profits
ReservesTotal capital accounts
Total liabilities and capital accounts-
3,873
3,999
4,528
4,301
90,679
92, 729
101,800
100,746
25, 346
26,442
27,574
27,823
MEMOEANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
.-
REPORT OP THE COMPTROLLER OF THE CURRENCY
57
Assets and liabilities of national banks, by States, at date of each call during year
ended Dec. 31, 1953—Continued
ARIZONA
[In thousands of dollars]
Apr. 20,
1953
June 30,
1953
Sept. 30,
1953
Dec. 31,
3 banks
3 banks
3 banks
3 banks
1953
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
197,205
123,451
35
29, 605
6,456
196, 755
133,592
35
28, 719
5,540
194, 260
152,592
35
25,183
5,836
590
43, 742
8,541
635
41, 790
635
37, 537
9,496
745
39, 977
9,554
32, 711
6,313
935
37, 951
6,313
972
32, 667
6,364
503
6,537
4
1,438
774
7
1, 629
607
2,041
704
615
2,031
1,524
466,859
Total assets..
193,419
141,835
35
29,891
6,631
455,376
455,195
487, 974
277,113
265, 561
249,896
280,735
92,723
93, 615
10
13,445
38,154
8,531
5,940
409,691
313,941
95, 650
100,551
10
8,725
41,059
10,278
10, 505
451,863
349,274
102,589
5,330
2,515
190
10,400
5,404
3,571
1,591
5,159
2,653
483
443,171
430, 747
430, 557
460,158
7,475
12,200
4,013
7,475
13, 700
3,454
7,475
13, 700
3,463
9,925
14,925
2,966
24,629
24,638
27,816
466,859
455,376
455,195
487,974
82,322
83,039
82,985
90,865
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
Income collected but not earned
Expenses accrued and unpaid
Other liabilities...
Total liabilities..
87,964
10
7,488
40,879
8,923
6,827
429, 204
839,205
5,000
5, 490
2,549
928
10
6,007
47,237
6,592
6,617
422,712
CAPITAL ACCOUNTS
Capital stock: Common stockSurplus
_Undivided profits
Reserves
Total capital accounts
Total liabilities and capital accounts
MEMOBANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
58
REPOKT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of national banks, by States, at date of each call during year
ended Dec. 31, 1953—Continued
ARKANSAS
[In thousands of dollars]
Apr. 20,
1953
June 30,
1963
Sept. 30,
1953
Dec. 31,
1953
53 banks
53 banks
53 banks
53 banks
ASSETS
Loans and discounts (including overdrafts)
U. S. Government securities, direct obligations.
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
136,172
170,884
45,616
4,489
137,360
162,936
46,697
5,177
144,113
160,186
47,199
4,534
158,731
168,957
48,109
4,814
816
59,781
8,954
817
57,253
824
51,730
- 9,160
827
56,868
8,601
69,079
2,550
8
67,639
2,601
5
69,075
2,826
5
83,934
2,730
2
30
414
207
74
457
194
74
489
238
74
592
418
490,453
534,657
499,000
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..
296,510
287,406
280,856
310,209
65,008
34
7,520
42,797
45,470
2,702
460,0U
393,881
66,160
66,592
34
6,200
45,629
42,622
2,218
69,527
34
7,863
48,992
40, 500
2,355
W, 127
379,382
70,745
73,388
24
8,264
42,950
55,509
3,682
494,026
420,044
73,982
450,701
382,959
67,742
726
1,523
3
651
1,343
100
1,293
1,090
52
1,397
1,285
311
462,293
452,904
452,662
497,019
150
11,055
11,205
15,518
8,666
1,597
11,245
11,245
15,630
9,275
1,641
11,245
11,245
15,909
8,880
1,604
37,791
37,638
499,000
489,890
490,453
534,657
36,219
34,053
41,356
42,755
CAPITAL ACCOUNTS
Capital stock:
Preferred stock
Common stock
Total capital stock
Surplus.
Undivided profits
Reserves and retirement account for preferred stock.
Total capital accounts
Total liabilities and capital accounts.
150
11,030
11,180
15,263
8,727
1,537
36,707
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
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. 81, 1958—Continued
CALIFORNIA.
[In thousands of dollars]
Apr. 20,
1953
June 30,
1953
Sept. 30,
1953
Dec. 31,
1953
91 banks
91 banks
90 banks
90 banks
5,712,321
3,587, 515
11,731
822, 534
260,115
5,817,001
3, 501,981
14,149
267,928
5,813,848
3, 764, 647
15, 780
847, 984
271,942
804,800
825,933
15,786
833,232
288,825
30,181
1,446, 500
30,931
1,273, 711
106,839
31,022
1,431, 597
112,348
31,102
1, 515,303
101,892
794,202
94, 574
1,518
936, 226
95,948
1,634
853,840
98,152
1,888
1,073,498
101,399
1,723
25,649
29, 693
30, 538
16, 255
25,761
26,039
45,141
42, 520
16,324
26,198
37,462
40,811
14,416
12, 962, 246 13,001, 874 13,373,072
13,712,380
ASSETS
Loans and discounts (including overdrafts)
U. S. Government securities, direct obligations
Obligations guaranteed by TJ. S. Government--.Obligations of States and political subdivisions
Other bonds, notes, and debentures--.
Corporate stocks, including stock of Federal Reserve
bank
_
_
Reserve with Federal Reserve bank
Currency and coin..
_.
_
_.
Balances with other banks, and cash items in process of
collection
_
Bank premises owned, furniture and fixtures
—
Real estate owned other than bank premises
Investments and other assets indirectly representing
bank premises or other real estate
Customers' liability on acceptances outstanding
Income earned or accrued but not collected
._.
Other assets
—
•Total assets
.-.
_
35, 569
15, 259
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 depositsDemand 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_
5, 478,159
5,377, 280
5, 575, 645
4, 605,859 4, 631,451
237
237
237
212,699
211,916
333,950
916,901
1,034,973
842,494
428,875
408,401
426,300
260,488
241, 739
223,995
11,796,027 11,880,405 12,084,072
6,707,491 6,673,501 6,809,854
5,206,904 5,224, XI8
5,703,301
4, 693,955
237
252, 967
1,159,655
511,104
275, 574
12,596,798
7,244,059
5,852,734
6,100
159,050
31,968
66,803
90,083
190,798
32,399
62,615
70,199
195,595
47,019
59,855
105,348
209,955
40,998
54,946
92,133
153,008
12, 224, 304 12,247,313
Total liabilities-.
48,625
12,615,299
12,937,878
10,078
582
249,401
249,983
334,057
160,458
10,063
578
252,125
252,703
334,482
160,389
10,199
378
253,248
258,626
336,778
173,850
10,248
737,942
754,561
757,773
774,502
12, 962,246 13,001,874
13,373,072
13,712,380
1,877,679
1,938,626
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
249,326
249,908
308,867
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
1,707,746
1,767,625
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, 1953—Continued
COLORADO
[In thousands of dollars]
Apr. 20,
1953
Dec. 31,
1953
77 banks
77 banks
77 banks
331,362
398,292
317,988
395,054
327,779
441,540
339,278
424,611
28,412
11,240
27,913
11,024
28,138
10,799
29,780
11,011
1,400
134,232
12,858
1,404
132,609
14,191
1,404
134,315
14,315
1,421
132,661
12,264
124,540
3,720
94
135,357
3,652
143,791
3,728
101
146,785
3,731
42
122
2,033
1,959
122
1,660
1,057
240
2,127
533
240
2,075
576
1,050,264
Total assets.
Sept. 30,
1953
77 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
Income earned or accrued but not collected
Other assets
June 30,
1953
1,042,117
1,108,810
1,104,475
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
597,363
593,159
620,270
632,042
208,968
10
24,730
63,190
73,162
9,333
976,756
751,6+5
225,111
211,364
10
25,697
59,800
72,888
7,451
970,369
741,674
228,695
218,209
10
32,214
63,190
87,175
10,709
1,031,777
797,108
219,976
10
23,852
53,586
89,982
10,621
1,030,069
793,250
236,819
2,350
1,394
3,527
53
1,507
3,803
41
3,400
1,533
4,551
66
1,528
4,964
119
984,080
975,720
1,041,327
1,036,680
18,570
28,043
15,646
3,925
18,570
28,245
15,439
4,143
18,570
28,274
16,608
4,031
18,570
28,696
16,508
4,021
CAPITAL ACCOUNTS
Capital stock: Common stockSurplus
Undivided profits
Reserves
_.
Total capital accounts
Total liabilities and capital accounts
66,184
66,397
67,483
67,795
1,050,264
1,042,117
1,108,810
1,104,475
140,057
133,872
138,785
126,027
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
-
REPORT OF THE COMPTROLLER OF THE CURRENCY
61
Assets and liabilities of national banks, by States, at date of each call during year
ended Dec. 81, 1958—Continued
CONNECTICUT
[In thousands of dollars]
Apr. 20,
1953
Dec. 31,
1953
46 banks
44 banks
44 banks
309,002
346,905
12
96,174
17,124
314,750
336,662
12
94,378
17,520
317,023
344,400
12
91,238
18,137
326,861
371,230
12
93,337
18,743
1,576
91,314
22,338
1,591
90,067
23,259
1,609
74,555
22,771
1,603
83,773
22,477
128,920
10,501
187
124,776
10,432
180
119,132
10,302
222
134,925
10,459
177
2
1,004
611
528
2
1,299
591
1,286
573
1,025,670
Total assets..
Sept. 30,
1953
46 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
Income earned or accrued but not collected.
Other assets.
June 30,
1953
1,015,295
1,001,293
1,065,456
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.)
borrowed money
Income collected but not earned
Expenses accrued and unpaid..
Other liabilities
Total liabilities.
623,536
739,752
190,896
189,962
15
34,238
37,230
21,0^6
31,383
937,460
744,672
192,888
194,297
15
41,525
41,013
19,912
28,964
920,719
724,081
196,638
19,090
3,029
3,650
835
600
3,190
3,828
1,427
1,400
3,323
5,017
1,493
192,489
15
34,958
35,580
23,803
37,132
985,094
790,544
194,550
150
3,428
5,300
1,948
957,252
Total deposits
a
eps
Dd
Demand deposits
Time depoits
eposits
Bills payable, rediscounts, and other liabilities for
di
621,544
188,486
15
34,263
32,115
22,778
31,447
946,505
931,952
995,920
24,593
27,960
12,018
3,847
24,593
28,053
11,952
4,192
24,343
28,552
12,143
4,303
24,343
28,787
11,900
4,506
661,117
CAPITAL ACCOUNTS
Capital stock: Common stock.
Surplus
Undivided profits.
.„
Reserves
Total capital accounts
.-_
Total liabilities and capital accounts
68,418
68,790
9,341
1,025,670
1,015,295
1,001,293
1,065,456
122,704
108,174
103,375
101,274
MEMORANDUM
Assets pledged or assigned to secure liabilitiesjand for
other purposes
303318—54
5
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, 1958—Continued
DELAWARE
[In thousands of dollars]
Apr. 20,
1953
June 30,
1953
Sept. 30,
1953
Dec. 31,
1953
11 banks
11 banks
11 banks
11 banks
Total assets..
13,197
13,403
13,538
13,102
13,570
13,661
13,824
13,575
1,953
1,041
2,184
1,255
2,342
1,144
2,331
1,209
119
3,668
858
119
3,865
831
119
3,707
947
119
4,127
824
537
2
103
1,324
598
1
8
41
2,044
.607
1
6
43
2,329
593
1
6
47
36,750
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
_
36,866
38,191
18,249
18,150
19,203
19,997
12,494
12,784
12,959
12,868
235
7
264
254
12
391
367
203
19
364
33,115
20,073
13,042
352
239
6
411
33,873
20,912
12,961
LIABILITIES
Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
.*-_
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and<5ashiers' checks, etc.)
Total deposits
Demand deposits
_
_
Time deposits
Bills payable, rediscounts, and other liabilities for
borrowed money
_
Other liabilities
Total liabilities.
336
81,717
19,1SS
12,584
31,855
18,980
12,875
31,717
31,883
33,115
33,906
1,260
2,718
971
84
1,260
2,718
920
85
1,260
2,719
1,014
1,260
2,784
846
189
5,033
4,9
5,076
5,079
28
33
CAPITAL ACCOUNTS
Capital stock: Common stock.
Surplus
_
Undivided profits.
Reserves
Total capital accounts
Total liabilities and capital accounts
36,750
38,191
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
1,125
1,125
1,070
1,125
REPORT OP THE COMPTROLLER OF THE CURRENCY
63
and liabilities of national banks, by States, at date of each call during year
ended Dec. SI, 1953—Continued
DISTRICT OF COLUMBIA
[In thousands of dollars]
Apr. 20,
1953
Sept. 30,
1953
Dec. 31,
1953
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 Keserve
bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of
collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Income earned or accrued but not collected
Other assets..
June 30,
1953
9 banks
9 banks
9 banks
225,488
319,833
233,695
321,255
245,151
321,157
19,692
15,430
19,277
13,390
17,222
10, 927
19,437
10,282
1,084
120,455
13,914
1,084
116,059
13,184
1,088
110,378
14,731
1,118
128,606
12,362
69,667
9,017
340
618
585
66,664
9,028
340
481
412
62,221
9,452
340
524
528
82,311
9,754
357
467
476
797,666
Total assets.
232,851
314,013
785,240
782,361
831,478
539,185
543,818
533,808
557,508
102,006
1,025
34,684
127
52,385
18,272
747,684.
635,463
112,221
100,911
1,025
27,261
98,243
1,025
35,935
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
52,265
9,340
734,736
623,610
111,126
51,832
9,593
730,521
622,349
108,172
112,838
1,025
34,613
123
59,438
13,811
779,356
656,589
122,767
800
703
2,728
200
721
2,647
1,253
1,100
739
3,065
773
400
743
3,617
758
752,584
739,557
736,198
784,874
13,200
22,950
7,555
1,377
13,200
22,950
8,271
1,262
13,200
23,050
8,561
1,352
13,200
24,050
7,899
1,455
116
85
CAPITAL ACCOUNTS
Capital stock: Common stock
Surplus
Undivided profits
Reserves
Total capital accounts
Total liabilities and capital accounts
45,082
45,683
46,163
46,604
797,666
785,240
782,361
831,478
63,016
55,730
66,847
62,587
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
-
64
REPORT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of national banks, by States, at date of each call during year
ended Dec. 31, 1953—Continued
FLORIDA
[In thousands of dollars]
Apr. 20,
1953
June 30,
1953
Sept. 30,
1953
Dec. 31,
1953
65 banks
65 banks
65 banks
66 banks
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
.
__
402,202
777,381
396,982
721,932
401,609
700,773
453,192
702,125
102,464
20,293
105,072
19,904
107,522
16,504
108,552
14,003
2,508
211,326
28,799
2,521
197,518
29,851
2,555
168,915
29,231
2,615
187,293
32,025
232,787
18,944
235,171
19,340
553
205,508
19,605
553
300,873
19,862
815
103
3,124
1,063
102
10
3,132
1,128
75
10
3,850
1,216
1,801,710
Total assets..
103
3,044
1,290
1,733,134
1,657,147
1,826,506
1,056,503
999,782
952,001
1,005,619
235,518
66
29,234
192,506
152,739
16,953
1,683,619
1,436,495
247,024
235,700
66
26,042
178,500
159,243
15,242
1,614,675
1,357,976
256, 599
237,351
66
44,562
149,712
136,177
12,751
1,532,620
1,271,921
260,699
241,802
66
36,997
197,572
201,864
18,142
1,702,062
1,432,408
269,654
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
1,100
1,150
300
5,653
6,131
252
5,898
5,719
708
10
6,346
7,641
366
10
6,708
7,245
887
1,696,655
1,626,900
1,548,133
1,717,212
37,950
45,670
13,897
7,538
38,275
45,971
14,283
7,705
38,375
46,771
15,958
7,910
38,525
49,285
13,410
8,074
CAPITAL ACCOUNTS
Capital stock: Common stock.
Surplus
Undivided profits
Total capital accounts
Total liabilities and capital accounts
105,055
106,234
109,014
109,294
1,801,710
1,733,134
1,657,147
1,826,506
424,307
77,710
406,322
430,467
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
65
REPORT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of national banks, by States, at date of each call during year
ended Dec. 31, 1953—Continued
GEORGIA
[In thousands of dollars]
Apr. 20,
1953
June 30,
Sept. 30,
1953
Dec. 31,
1953
52 banks
52 banks
52 banks
52 banks
1953
Total assets.
457,205
308,842
454,326
300,977
458, 787
325,851
469,048
327,789
68,965
15,294
71,120
14,812
75,128
16,539
69,316
16,497
1,714
149,956
18,800
1,713
127,866
18,294
1,714
140,985
17,468
1,752
152,334
16,223
141,991
13, 501
197
179,657
13,515
202
152,949
13,678
150
196,865
14,072
73
1,856
1,132
1,716
1,739
827
2,180
1,179,453
Loans and discounts (including overdrafts)
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve
bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of
collection
Bank premises owned, furniture and fixtures.
Real estate owned other than bank premises
Customers' liability on acceptances outstanding
Income earned or accrued but not collected
Other assets
1,185,096
1,205,815
1,267,144
658,914
649,413
649,441
673,950
157,235
1,141
28,056
110,218
147,063
4,026
1,097,152
933,082
164, 070
159,554
1,141
42,224
86, 557
163,703
4,956
1,107,576
940,908
166,668
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
154,452
1,139
32,964
94,358
145,924
3,942
1,091,693
930,539
161,154
162,053
1,144
36,690
97,742
182,198
22,070
1,175,847
1,007,750
168,097
600
7,565
3,568
8,600
7,643
4,333
744
7,460
4,566
1,104,775
Total liabilities
500
7,720
4,679
183
1,109,724
1,128,896
1,188,721
22,498
33,357
9,169
9,654
22,498
33,409
9,402
10,063
22,498
33,409
11,102
9,910
23,198
34,276
9,894
11,055
CAPITAL ACCOUNTS
Capital stock: Common stock
Surplus
Undivided profits
Reserves
_.
_.
Total capital accounts
Total liabilities and capital accounts
74,678
75,372
76,919
78,423
1,179,453
1,185,096
1,205,815
1,267,144
196,049
196,867
206,652
210,773
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, 1953—Continued
THE TERRITORY OF HAWAII
[In thousands of dollars]
Apr. 20,
1953
Total assets.
Sept. 30,
1953
Dec. 31,
1953
lbank
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..
June 30,
1953
lbank
lbank
lbank
93,368
55,007
92,727
48,031
89,094
57,348
88,143
60,127
7,640
2,564
1
17,770
9,210
7,205
2,604
10
44
503
317
7,594
2,563
7,977
2,563
101
21,679
11,131
7,165
2,555
10
71
450
182
7,843
2,563
1
16,877
10,440
6,382
2,579
25
50
528
249
194,043
193,979
204,945
57,383
58,126
57,759
66,781
81,423
10
20,177
16,974
2,370
2,680
181,017
96, SU
84,673
81,113
10
19,145
16,199
1,794
2,860
179, H7
94, ISO
85,117
81,311
10
16,750
16,537
2,570
3,595
178,532
91,258
87,274
82,163
10
16,294
18,795
3,205
2,738
189,986
101,280
88,706
196,243
19,288
13,406
10,009
2,521
25
531
138
LIABILITIES
Demand deposits of individuals, partnerships, and corporations
_
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
_.
Deposits of U. S. Government
Deposits of States and political subdivisions..
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits...
Demand deposits
Time deposits
_.
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
44
83
551
249
71
87
570
234
592
380
108
778
22
181,944
180,209
179,643
190,894
4,000
6,000
2,124
2,175
4,000
6,000
1,659
2,175
4,000
6,000
2,161
2,175
4,000
6,000
1,875
2,176
14,299
13,834
14,336
14,051
196,243
194,043
193,979
204,945
54,291
53,562
54,253
56,022
50
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
67
Assets and liabilities of national banks, by States, at date of each call during year
ended Dec. 81, 1958—Continued
IDAHO
[In thousands of dollars]
Apr. 20,
1953
June 30,
1953
Sept. 30,
1953
Dec. 31,
1953
12 banks
11 banks
11 banks
11 banks
Total assets..
152,975
157,014
155,901
149,512
163,638
153,481
166,057
153,559
10,762
1,706
10,305
1,563
10,390
1,408
10,472
1,579
484
39,976
5,290
484
35,167
5,875
463
38,399
5,579
481
37,991
5,455
21,652
3,247
34
93
232
24,299
3,655
75
130
441
24,298
3,707
75
68
470
32,032
3,690
64
4
145
393,465
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
-
387,407
401,976
411,529
LIABILITIES
Demand deposits of individuals, partnerships, and
corporations
Time deposits of individuals, partnerships, and corporations-.
Postal savings deposits
Deposits of tJ. S. GovernmentDeposits of States and political subdivisions
.
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits...
Time deposits
._.
Bills payable, rediscounts, and other liabilities for
borrowed money
__.
Income collected but not earned_
Expenses accrued and unpaid
Other liabilities
Total liabilities..
202,780
194,099
209,760
204,697
108,815
11
6,525
47,793
3,494
2,389
371,807
261,439
110,368
109,645
11
6,643
51,163
2,392
2,547
366,500
255,48*
111,068
112,857
11
9,630
42,899
3,227
2,394
880,778
266,366
114,412
114,695
11
7,649
55,118
4,023
2,819
389,012
272,967
116,045
1,023
1,008
180
1,033
1,388
35
1,032
1,484
20
976
1,121
56
383,314
391,165
6,950
8,475
3,024
213
8,025
8,545
3,550
244
374,018
CAPITAL ACCOUNTS
Capital stock: Common stock..
Surplus
_
Undivided profits
_
Reserves
7,300
8,825
2,976
346
Total capital accounts
Total liabilities and capital accounts
6,950
8,475
2,801
225
19,447
_
18,451
18,662
20,364
393,465
387,407
401,976
411,529
96,489
93,639
93,995
97,809
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, 1953—Continued
ILLINOIS
[In thousands of dollars]
Apr. 20,
1953
Dec. 31,
1953
386 banks
387 banks
387 banks
3,208,970
3,997,275
15
569,624
212,196
3,170,799
4,073,960
7
540,726
215,002
3,230,188
4,394,328
7
550,802
222,944
3,426,296
4,456,132
7
566,446
228,284
16,938
1,560,045
94,501
17,155
1,547,756
96,631
17,266
1,586,883
96,394
17,445
1,523,143
99,167
853,331
34,813
431
1,002,139
34,812
476
978,207
34,611
615
1,108,295
34,451
461
1,246
3,402
21,902
11,189
1,227
3,162
20,254
8,462
1,235
4,143
23,947
6,002
1,204
4,757
25,183
5,036
10,585,878
Total assets..
Sept. 30,
1953
385 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,
1953
10,732,568
11,147, 572
11,496,307
5, 549,742
5,604,758
5,612,624
6,085,684
2,238,146
1,247
238,439
517,193
1,118,230
91,890
9,754,887
7,406,062
2,348,825
2,281,537
2,282,307
1,247
1,236
219,903
395,938
616,292
606,719
1,150,346
1,235,614
79,811
81,849
9,953,894 10,216,287
7,554,026 7,814,437
2,340,648
1,236
304,921
532,547
1,321,147
90,853
10,677,036
8,213,219
2,463,817
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
....
52,650
58
3,801
20,659
41,817
15,281
9,889,153
2,399,868
2,401,550
825
123,550
15
3,167
20,669
33,434
12,363
15
4,294
21,162
46,778
15,397
4,932
20,704
50,212
15,065
10,024,367 10,427,483
10,767,964
15
CAPITAL ACCOUNTS
Capital stock:
Class A preferred stock
Class B preferred stock
Common stock
+
Total capital stock
Surplus
Undivided profits...
Reserves and retirement account for preferred stock
Total capital accounts
Total liabilities and capital accounts.
1,500
15
250,807
252,322
303,936
87,803
52,664
1,500
15
252,210
253,725
310,441
91,841
52,194
1,500
15
253,410
254,925
312,352
100,267
52,545
1,500
15
254,100
265,615
320,668
98,753
53,307
696,725
708,201
720,089
728,343
10,585,878
10,732,568
11,147,572
11,496,307
999,574
970,887
1,163,401
1,036,093
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
REPORT OP THE COMPTROLLER OF THE CURRENCY
69
and liabilities of national banks, by States, at date of each call during year
ended Dec. 81, 1958—Continued
INDIANA
[In thousands of dollars]
Apr. 20,
1953
Dec. 31,
1953
124 banks
124 banks
124 banks
578,025
913,060
24
97,141
33,841
586,646
920,520
24
95,601
31,703
605,984
954,667
24
96,907
32,874
629,736
1,001,533
24
98,099
33,866
2,769
246,535
41,946
2,810
239,732
42,141
2,811
244,319
44,760
2,991
259,320
43,197
229,313
14,611
41
248,583
14,561
240,326
15,892
114
282,082
16,115
191
25
79
3,539
2,551
24
38
2,929
2,269
24
38
3,534
1,741
22
104
3,805
1,516
2,163,500
Total assets..
Sept. 30,
1953
124 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,
1953
2,187,667
2,244,015
2,372,601
1,079,188
1,089,387
1,123,690
1,210,612
513,874
2,201
51,893
211,710
116,311
44,574
2,019,751
1,499,062
522,722
2,225
46,299
252,275
104,764
27,260
2,044,932
1,515,644
529,28b
533,319
2,227
66,884
212,070
129,195
26,394
2,098,779
1,553,709
540,070
552,620
2,251
58,629
232,281
122,428
38,660
2,217,481
1,658,048
559,433
LIABILITIES
Demand deposits of individuals, partnerships, and
corporations
_.
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of XJ. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for
borrowed money
Acceptances executed by or for account of reporting
banks and outstanding
Income collected but not earned
Expenses accrued and unpaid
Other liabilities
Total liabilities
50
1,700
1,000
79
6,661
4,923
746
6,966
5,330
1,369
38
7,430
6,250
1,298
104
7,716
6,980
1,675
2,034,560
2,058,685
2,110,495
2,234,956
25
35,180
85,205
56,900
30,998
5,837
25
35,180
35,205
58,288
29,431
6,058
25
35,180
85,205
58,351
33,504
6,460
25
36,833
36,858
63,141
30,339
7,307
2,400
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.
128,940
2,163, 500
128,982
133,520
137,645
2,187,667
2,244,015
2,372,601
153,408
160,744
160,528
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
_
169,404
70
REPORT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of national banks, by States, at date of each call during year
ended Dec. 31, 1953—Continued
IOWA
[In thousands of dollars]
Apr. 20,
1953
Total assets.
Sept. 30,
1953
Dec. 31,
1953
97 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,
1953
97 banks
96 banks
96 banks
258,882
301,268
249,529
303,417
235,972
346,019
255,344
329,258
72,588
13,328
73,031
13,116
73,851
13,396
73,050
15,138
1,156
93,787
12,048
1,157
103,524
12,787
1,165
97,156
13,047
1,202
103,835
12,216
100,247
4,525
64
102,773
4,531
56
114,862
4,709
72
123,709
4,652
41
1,216
1,201
1,406
597
1,120
347
1,201
1
1,393
560
1,186
91
1,169
444
903,404
921,335
•1,112
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-
420,391
430,065
435,862
455,235
164,789
53
22,525
88,123
99,625
4,483
799,989
632,758
167, 281
167,934
53
16,501
82,896
104,505
4,872
806,826
686, $9
170,357
168,631
53
24,547
82,960
125,495
4,399
841,947
670,899
171,048
171,352
53
25,134
65,031
130,436
11,941
859,182
685 38%
178,800
91
1,197
1,696
200
1,200
200
1,091
1,614
94
1,155
1,312
55
1
1,196
1,737
25
SOS, 988
809,548
844,906
14,823
23,800
15,395
3,106
14,823
14,788
24,079
16,426
3,205
57,124
57,041
CAPITAL ACCOUNTS
Capital stock: Common stock..
Surplus
_
Undivided profits
Reserves
Total capital accounts
Total liabilities and capital accounts
15,228
3,127
15,288
25,072
15,241
58,498
58,969
903,404
861,112
921,335
68,782
58,794
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
68,747
65,697
REPORT OF THE COMPTROLLER OF THE CURRENCY
71
Assets and liabilities of national banks, by States, at date of each call during year
ended Dec. 81, 1958—Continued
KANSAS
[In thousands of dollars]
Apr. 20,
1953
Dec. 31,
1953
172 banks
172 banks
172 banks
315,996
399,793
95
72,938
24,217
274,875
425,867
103
74,456
26,985
299,132
422,012
102
76,573
28,810
312,176
415,256
102
82,039
25,418
1,412
142,648
13,354
1,425
142,094
13,813
1,428
135,663
13,990
1,444
140,739
12,554
136,617
5,325
213
143,935
5,451
206
122,949
5,568
205
167,941
5,499
160
110
1,408
1,049
10
1,117
625
30
1,377
733
32
1,767
506
1,115,175
Total assets
Sept 30,
1953
173 banks
Loans and discounts (including overdrafts)
U. S. Government securities, direct obligations
Obligations guaranteed by XJ. 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,
1953
1,110,962
1,108,572
1,165,633
642,434
633,342
652,403
654,441
111,846
115, 550
41
41
27,422
19,349
172,948
168,839
80,824
94,666
7,169
7,204
, 042,684. 1,038,991
926,500
919,470
116,184
119,521
119,231
41
31,148
140,453
82,780
6,618
1,032,674
908,708
123,966
122,029
40
27,502
183,250
96,904
7,420
1,091,686
964,802
126,784
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
1,200
1,501
2,505
158
1,603
2,172
331
1,200
1,709
3,005
120
1,648
2,750
281
1,048,048
1,043,097
1,038,708
1,096,265
20,680
26,326
18,313
1,808
20,655
26,967
18,300
1,943
20,655
27,041
20,456
1,712
20,905
27,347
19,037
2,079
67,127
67,865
1,115,175
1,110,962
1,108,572
1,165,633
204,455
195, 797
204,024
212,991
CAPITAL ACCOUNTS
Capital stock: Common stock
Surplus
Undivided profits
Reserves
Total capital accounts
Total liabilities and capital accounts
69,368
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
72
REPORT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of national banks, by States, at date of each call during year
ended Dec. 31> 1953—Continued
KENTUCKY
[In thousands of dollars]
Apr. 20,
1953
June 30,
1953
Sept. 30,
1953
Dec. 31,
1953
90 banks
90 banks
90 banks
90 banks
ASSETS
Loans and discounts (including overdrafts)
XJ. S Government securities, direct obligations
Obligations guaranteed by U S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve
bank
._
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process
of collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing
bank premises or other real estate
Income earned or accrued but not collected
Other assets
Total assets
..
213,853
304,398
4
26,566
11,007
222, 492
231, 592
283,192
4
29, 556
11, 470
238,067
292,774
1,274
81,374
15,096
1,314
86, 579
15,820
1,269
87, 221
15, 434
4
28,149
11, 678
1,264
87,066
14,944
72, 517
5,511
76
68, 292
5,634
49
71,906
5,755
107
108, 629
5,756
63
139
1,027
418
139
818
364
174
909
376
173
1,038
355
739, 440
724, 862
732, 785
789,955
461,006
451,329
453,031
494,176
119, 427
16
18,420
37,839
34,946
5,769
677, 423
553,939
123,484
121, 823
16
17, 291
36.166
35,017
5,324
666,966
541,716
125, 250
123, 631
16
24, 412
34,188
31,050
5,587
671,915
544,400
127,515
122, 516
15
21, 627
36, 623
49, 547
5,390
729, 894
604,361
125,533
4,680
1,588
1,792
485
301
1,734
1,542
861
1,260
1,828
1,840
796
300
1,939
1,897
958
685,968
671, 404
677, 639
734, 988
15, 625
26,197
15, 625
26,657
9,450
1,726
15, 625
26, 802
10,929
1,790
15, 625
28,433
8,972
1,937
53,472
53, 458
55,146
54,967
739,440
724, 862
732, 785
789, 955
82,740
73,870
75,520
67,555
29,962
9,421
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
1,720
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
REPORT OF THE COMPTROLLER OF THE CURRENCY
73
Assets and liabilities of national banks, by States, at date of each call during year
ended Dec. 81, 1953—Continued
LOUISIANA
[In thousands of dollars]
A p r . 20,
1953
Total assets._
Sept. 30,
1953
Dec. 31,
1953
37 b a n k s
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
J u n e 30,
1953
39 b a n k s
39 b a n k s
39 b a n k s
374,908
570,317
386, 735
564, 257
404,546
580, 675
430,981
596,841
82, 242
6,305
83,637
6,359
84, 246
6,546
82,985
6,849
2,481
196, 680
19, 452
2,499
168,334
19, 889
2,507
179,329
20, 722
2,528
189, 842
19, 688
190, 822
11, 530
127
190, 572
11, 971
87
171, 821
12,146
131
244, 703
11,997
99
550
5,447
3,375
2,041
579
2, 662
3,276
1,605
591
2,795
3,529
1,488
596
5,038
5,122
1,281
1, 466, 277
1, 442, 462
1, 471,072
779,008
749, 014
743, 634
197, 622
45
19, 891
185, 803
169, 744
15, 503
1,367, 616
1,164,913
202, 703
200,175
45
18, 271
196, 739
171, 736
13,305
1,349,285
1,144,041
205,244
199, 977
45
36, 804
196,381
161, 797
11, 751
1,350,389
1,145,314
205,075
1, 598, 550
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
De mand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for
borrowed money
Acceptances executed by or for account of reporting
banks and outstanding
Income collected but not earned
Expenses accrued and unpaid
Other liabilities
Total liabilities
5,000
807, 799
202, 966
45
28, 666
210, 475
229, 548
18,388
1, 497, 887
1,291,359
24,100
6,076
2,047
4,837
317
3,260
2,126
4,991
614
1,385, 893
1,360, 276
21, 838
22, 288
43, 241
15,977
3,772
2,292
5,532
395
6,499
2,243
6,718
1,080
1, 514, 427
CAPITAL ACCOUNTS
Capital stock: Common stock
Surplus
Undivided profits
Reserves.
_
Total capital accounts
Total liabilities and capital accounts
15, 240
470
22, 288
43, 271
18, 549
484
22,313
46,190
14, 962
658
84,123
80,384
82,186
84, 592
1, 466,277
1, 442,462
1, 471,072
313,378
357,740
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes.._
338,209
74
REPORT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of national banks, by Statesy at date of each call during year
ended Dec. 31, 1953—Continued
MAINE
[In thousands of dollars]
Apr. 20,
1953
June 30,
Sept. 30,
1953
Dec. 31,
1953
32 banks
32 banks
32 banks
32 banks
98,665
92,063
11
12,475
11,160
103,652
83,848
12, 994
11,008
105,011
88,368
11
12,916
11,078
106,582
85,015
11
10,892
10,518
601
25,989
5,237
601
22,379
6,710
602
26,256
7,074
601
24,645
5,667
19,279
1,444
54
22,725
1,522
56
24,628
1,678
32
24,873
2,069
26
315
217
238
306
246
276
318
254
294
257
280
236
267,748
266,334
278, 520
271,672
126,524
127,295
132,199
128,919
87,424
6
5,439
8,869
7,838
2,269
238,369
150,591
87,778
87,105
6
4,076
8,543
8,202
3,179
238,406
150,730
87,676
88, 568
6
5,781
11,590
8,218
3,255
249, 617
160,498
89,124
87,701
7
4,900
10,688
7,559
3,411
248,185
155,184
88,001
1,700
941
529
210
200
970
488
330
450
1,004
622
300
1,025
735
425
241,749
240,394
251,993
245,370
9,365
10,244
5,526
864
9,365
10,302
5,284
9,390
10,302
5,861
974
9,390
10,387
5,502
1,023
1953
ASSETS
Loans and discounts (including overdrafts)
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions-..
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve
bank.
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process
of collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing
bank premises or other real estate
Income earned or accrued but not collected
Other assets
_
Total assets
LIABILITIES
D e m a n d deposits of individuals, partnerships, a n d corporations
T i m e deposits of individuals, partnerships, a n d corporations
-.Postal savings deposits
Deposits of U . S. Government
Deposits of States a n d political subdivisions
Deposits of b a n k s
Other deposits (certified a n d cashiers' checks, etc.)
Total deposits
_
Demand deposits
_
Time deposits
Bills payable, rediscounts, a n d other liabilities for
borrowed m o n e y
_
Income collected b u t not earned
Expenses accrued a n d u n p a i d
Other l i a b i l i t i e s -
Total liabilities
CAPITAL ACCOUNTS
Capital stock: Common stock.
Surplus
Undivided profits
Reserves
Total capital accounts
Total liabilities and capital accounts
25,999
25,940
26,527
26,302
267,748
266,334
278, 520
271,672
23,355
21,111
22,196
21.963
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, 1953—Continued
MARYLAND
[In thousands of dollars]
Apr. 20,
1953
June 30,
1953
Sept. 30,
1953
Dec. 31,
1953
58 banks
58 banks
58 banks
58 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
236,447
301,134
3
48,739
13,413
236,104
326,601
251,520
307,953
52,494
13,054
53,344
11,957
1,276
101,437
15,033
1,277
101,437
14,346
1,281
99,616
15,595
1,304
108,148
13,275
86,152
5,917
97,475
5,975
9
92,669
6,118
101,804
6,154
441
263
1,239
733
411
276
1,069
521
410
51
400
22
1,201
663
818,192
822,532
845,952
857,573
422,045
431,610
423,941
461,292
159,639
161,069
162,686
162,103
36,466
59,115
63,215
3,324
748,804
576,614
167,290
27,673
70,463
66,523
3,023
760,861
591,282
169,079
39,737
77,932
69,575
7,261
781,182
610,416
170,716
37,208
61,827
67,456
3,233
798,119
623,251
169,868
13,300
650
2,270
580
263
1,095
979
118
276
1,038
983
51
1,106
920
533
22
1,370
1,157
994
759,559
763,988
786,012
797,242
14,910
27,589
11,109
5,025
Total assets..
244,765
301,565
3
45,532
13,827
14,910
27,611
10,956
5,067
14,910
27,731
11,810
5,489
14,960
31,155
9,194
5,022
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
58,633
58,544
59,940
60,331
818,192
822,532
845,952
857,573
140,533
129,728
140,824
126,342
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. 81, 1953—Continued
MASSACHUSETTS
[In thousands of dollars]
Apr. 20,
1953
June 30,
1953
Sept. 30,
1953
Dec. 31,
1953
114 banks
114 banks
114 banks
114 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
.:
1,362,928
959, 462
62
162,938
66,026
1,363,353
896,000
56
175, 222
64, 254
1,388,487
971, 874
56
176, 261
64,072
1,347,484
1,092,578
116
130,765
67,709
7,010
463,152
35,037
7,012
453,419
54, 206
7,016
425,976
55, 837
7,186
454, 824
44,361
291, 867
28, 884
173
296,316
28,829
165
292,978
29,278
190
329,935
29,085
174
392
25,348
7,500
7,022
425
24, 588
6,032
5, 812
445
26, 591
7,288
5,057
505
25,383
7,009
4,935
3, 417, 801
3,375,689
3, 451,406
3, 542,049
2,003, 823
1,952, 279
1,986,163
2,048,840
426, 750
1,570
94, 752
148, 594
301, 448
49, 663
3,026, 600
2,577, 229
U9,S71
423,089
1,570
93, 261
163,843
334,732
40,059
8,008,833
2,560,287
US, 5^6
424,420
1,570
132,743
155,544
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
—_._.
44, 416
3,079,719
2, 631,383
448,336
411,640
1,555
108, 814
186.108
356,337
51,174
3,164,468
2,735,359
429.109
25, 425
1,110
310
1,550
28, 242
9,951
18,160
10,424
27,747
10,785
15,885
11,264
28,884
11, 232
19,331
8,451
28,234
11,151
20,506
3,118, 802
3,075,624
3,147,927
3,238,090
53
78,861
78,914
153,457
48,464
19,230
53
78,861
78,914
153,537
52,004
19,024
81,411
81,464
157,295
46,240
18,960
12,181
CAPITAL ACCOUNTS
Capital stock:
Preferred stock
Common stock
__.
Total capital stock
Surplus
Undivided profits
..__
_
Reserves and retirement account for preferred stock
Total capital accounts
78,914
153,343
47,221
19,521
53
_.
298,999
300,065
303,479
303,959
_.
3, 417,801
3,375,689
3,451,406
3,542,049
Assets pledged or assigned to secure liabilities and for
other purposes
290,689
224,553
Total liabilities and capital accounts._
_
78,861
MEMORANDUM
231,348
REPORT OF THE COMPTROLLER OF THE CURRENCY
77
Assets and liabilities of national banksf by States, at date of each call during year
ended Dec. 31, 1953— Continued
MICHIGAN
[In thousands of dollars]
Apr. 20,
1953
June 30,
1953
Sept. 30,
1953
Dec. 31,
1953
77 banks
77 banks
77 banks
77 banks
1,048,901
1,526,993
6,459
261,570
47,043
1,096,815
1,501,046
6,459
234,656
49,118
1,130,273
1,648,153
6,459
251,409
44,579
1,118,509
1,592,364
6,459
246,068
30,295
4,364
434,761
55,252
4,365
456,600
61,767
4,525
406,328
62,081
5,166
453,448
55,087
331,674
19,447
138
335,965
20,014
156
324,967
22,103
64
351,658
22,551
317
1,415
44
8,732
4,105
1,430
206
7,598
4,436
446
160
8,304
4,785
446
100
8,733
4,416
3,750,898
3,780,631
3,914,636
3,895,617
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
1,869,213
1,909,635
1,878,472
1,953,799
1,064,774
40
144,053
178,556
189,333
26,827
8,472,796
2,391,946
1,080,850
1,081,296
40
202,708
147,415
189,281
29,987
8, 560,862
2,463,544
1,096,818
1,099,623
40
288,733
180,561
194,747
25,998
8,668,174
2,661,284
1,116,890
1,113,476
40
194,691
170,655
189,088
29,145
3,650,894
2,517,812
1,183,082
60,300
15,300
44
20,062
18,298
1,968
206
21,612
13,582
2,812
160
23,099
18,624
2,121
100
22,902
16,561
3,245
3,573,468
3,598,574
3,727,478
3,693,702
1,000
47,185
48,185
86,930
35,818
6,497
1,000
48,385
49,385
88,807
37,173
1,000
49,799
60,799
89,862
39,622
6,875
1,000
56,689
67,689
104,725
32,471
7,030
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.
177,430
182,057
187,158
201,915
3,750,898
3,780,631
3,914,636
3,895,617
415,097
340,190
417,373
299,103
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
303318—5
78
REPORT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of national banks, by States, at date of each call during year
ended Dec. 31, 1953—Continued
MINNESOTA
[In thousands of dollars]
Apr. 20,
- 1953
June 30,
1953
Sept. 30,
1953
Dec. 31,
179 banks
178 banks
177 banks
177 banks
835,491
706,534
833,211
701,194
863,326
749,216
863,913
8U6,034
139,464
56,532
141,302
56,177
142,056
57,302
139,887
3,616
227,978
22,306
3,622
246,321
23,079
3,644
278,131
23,352
3,717
285,149
22,024
247,987
10,244
292,872
10,451
304,363
10,745
323,107
10,732
372
3,560
672
5,989
1,707
3,554
514
5,011
1,557
3,545
715
6,081
1,509
3,824
1,056
5,911
1,509
2,262,468
2,319,253
2,444,381
2,515,603
1,033,153
1,040,887
1,091,356
1,184,477
527,758
70
46,660
151,057
278,165
22,163
2,059,026
1,525,6^0
533,386
531,038
70
49,164
192,410
302,510
19,253
2,135,332
1,598,565
536,767
536,128
67
100,597
149,332
334,628
20,379
2,232, ^87
1,690,258
542,229
19,850
600
23,100
,544,645
67
64,014
152,449
355,457
22,129
2,323,238
1,772,744
550,494
150
672
12,845
11,401
2,783
514
13,270
9,815
3,139
715
14,229
11,546
3,156
1,056
14,345
12,529
3,280
2,106,577
2,162,670
2,285,233
2,354,598
75
25
39,891
39,991
80,935
75
25
39,989
40,089
81,570
25,466
12,023
75
25
40,089
1953
ASSETS
Loans and discounts (including overdrafts)
_
U. S. Government securities, direct obligations
Obligations guaranteed by IT. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
_
Corporate stocks, 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.
Debosits 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:
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
.
89,776
80,775
23,611
11,729
12,121
40,189
84,253
24,026
12,537
155,891
156,583
159,148
161,005
2,262,468
2,319,253
2,444,381
2,515,603
371,270
349,740
405,536
350,508
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
REPORT OF THE COMPTROLLER OF THE CURRENCY
79
and liabilities of national banks, by States, at date of each call during year
ended Dec. 31, 1953—Continued
MISSISSIPPI
[In thousands of dollars]
Apr. 20,
1953
June 30,
1953
Sept. 30,
1953
Dec. 31,
1953
24 banks
24 banks
25 banks
25 banks
69,961
81,470
69,602
77,866
72,462
77,072
79, 784
79,460
31,852
847
31,726
31,852
613
32,090
732
445
27,062
5,932
446
26, 538
5,858
481
24,796
6,019
483
27,426
5,950
37,071
2,517
24
4
45
315
47, 564
2,548
31
31
364
36,339
2,476
18
7
29
297
253,999
251,890
253, 271
276,264
127,381
127,370
130,121
148,611
46,075
47,217
47,035
47,230
6,040
38,106
18, 548
882
237, 082
190, 220
46, 812
5,025
35,972
17, 532
783
238, 899
185,9U
47,955
6,763
32,366
17, 516
711
284,512
186,739
47,778
6,516
30,478
23,515
1,509
257,859
209,859
48,000
340
404
7
7
352
401
93
4
372
518
237,783
234,752
235,415
259,127
4,825
5,127
10,000
10,803
5,203
10,833
1,645
175
5,353
11,265
287
232
ASSETS
Loans and discounts (including overdrafts)
U. S. Government securities, direct obligations..
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Keserve
bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of
collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Customers' liability on acceptances outstanding
Income earned or accrued but not collected.Other assets
Total assets..
2,269
73
44
152
LIABILITIES
Demand deposits of individuals, partnerships, and
corporations
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for
borrowed money
Acceptances executed b y or for account of reporting
banks and outstanding
Income collected but not earned.
Expenses accrued and unpaid
Other liabilities
Total liabilities
675
204
CAPITAL ACCOUNTS
Capital stock: Common stock..
Surplus
Undivided profits
Reserves
Total capital accounts
Total liabilities and capital accounts_
1,195
196
1,027
181
16,216
17,138
17,856
17,137
253, 999
251,890
253,271
276,264
56,927
53,685
53,307
53,871
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. SI, 1953—Continued
MISSOURI
[In thousands of dollars]
Apr. 20,
1953
June 30,
1953
Sept. 30,
1953
Dec. 31,
1953
77 banks
77 banks
77 banks
77 banks
ASSETS
Loans and discounts (including overdrafts)
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve
bank
Reserve with Federal Reserve bank
Currency and coin
_
Balances with other banks, and cash items in process of
collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises.
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...
27
88,116
30, 497
689,945
718,566
27
86,275
28,375
269,011
18,169
3,320
272,102
20,238
3,215
274,005
20,192
3,257
308,352
18,021
11,284
199
289, 602
11, 742
198
269, 254
12,297
239
314,972
12,993
370
502
1,168
3,010
1,245
499
743
2,974
1,168
613
553
3,072
1,128
1,696
3,638
1,074
1,999,444
Total assets
30,822
620,967
27
82,985
31,038
2,032,001
2,074,233
2,188,151
1,087, 536
1,112, 893
1,123, 282
1,163,127
253, 669
538
65.498
66, 647
412,171
10, 625
1,932,430
1, 669, 782
259, 206
538
51, 719
99, 205
458,764
13, 885
2,046,444
1,779,073
267,371
684,200
652,017
27
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..
248, 756
541
45,176
250,145
541
43,192
70,024
374,666
408,733
15,391
10, 751
1, 841, 633 1,896,279
1,686,012 1,637,713
258,566
255,621
21,800
500
2,200
1,175
2,606
6,640
595
749
2, 704
5,233
1,671
580
2,832
7,164
1,209
1,874,449
1,907.136
1,946, 415
2,059, 887
42,328
51,908
27, 458
3,301
42,328
51,996
27,210
3,331
52,035
29,749
3,706
42,928
52,902
28,506
3,928
124,995
124,865
127,818
128, 264
1,999,444
2,032,001
2,074,233
2,188,151
259,707
203,532
219, 857
238,031
1,732
3,176
7,011
1,524
CAPITAL ACCOUNTS
Capita.1 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
81
Assets and liabilities of national banks, by States, at date of each call during year
ended Dec. 31, 1958—Continued
MONTANA
[In thousands of dollars]
I
Apr. 20,
1953
June 30,
1953
Sept. 30,
1953
Dec. 31,
1953
38 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
Customers' liability on acceptances outstanding
Income earned or accrued but not collected.
Other assets
85, 238
130,491
90,748
135, 422
95,324
140,546
15,163
8,369
15,807
7,994
14,087
7,342
348
38,093
5,073
15, 536
8,388
359
36,290
5,165
359
37,965
4,891
37.421
5,153
29, 424
2,927
8
47
854
42
32, 536
2,946
8
43
750
38
38,328
3,007
44.422
2,967
1
935
95
1
928
105
322,964
Total assets.
85,682
136,934
317,788
335, 552
348,659
203,613
197,751
212, 683
216,128
56,948
57,283
58,564
60,123
5,045
27,053
10, 696
2,946
806,801
249,176
57,125
3,444
27, 835
11,160
6,802
23,164
13,051
2,728
816,992
258,226
4,910
28,757
15,488
3,802
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..
2,899
800, 872
242, 887
57,485
60,825
500
200
150
850
47
1,397
772
43
1,467
1
1,547
1,369
3
1
1,547
1,451
16
309,020
303,026
320,062
333,073
5,280
6,308
2,221
135
5,480
6,478
2,663
141
5,480
6,628
3,229
153
5,480
6,792
3,078
236
15,586
CAPITAL ACCOUNTS
Capital stock: Common stock.
Surplus
_
Undivided profits
Reserves
Total capital accounts...
Total liabilities and capital accounts
13,944
14,762
15,490
322,964
317,788
335, 552
50,225
49,061
51,913
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
53,710
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, 1953—Continued
NEBRASKA
[In thousands of dollars]
Apr. 20,
1953
June 30,
1953
Sept. 30,
1953
Dec. 31,
1953
124 banks
124 banks
124 banks
124 banks
329,031
371,217
3
77,012
18,614
305,092
378,701
3
77,191
18,060
315,087
415,557
3
79, 006
17, 763
330,771
421,109
3
81,301
18,268
1,436
146, 051
10, 501
1,532
143,872
10, 515
1,552
147, 604
10,482
1,571
155, 745
9,827
133,806
5,957
21
1,405
378
141,820
5,971
26
1,207
369
144, 381
6,096
4
1,328
485
158, 322
6,155
7
1, 468
500
1,095, 432
1, 084, 359
644, 432
651, 464
668,056
717, 842
116, 482
33
24,191
73, 764
142,911
6,588
1,008, 401
891,695
116, 706
117, 244
33
15, 314
68,160
150, 474
6,688
1,009, 377
891,954
117,423
118, 553
33
36, 080
60,876
170, 549
6,165
/, 060,812
941, 548
118, 764
118,403
33
30,955
64, 044
168, 736
7,735
1, 107, 748
989,178
118,57^
13, 375
1,159
2,387
967
650
1,264
2,151
263
2,125
1,372
2,716
256
225
1,395
2,688
362
1, 026, 289
1, 013, 705
1, 066, 781
1,112,418
22, 415
24, 731
16,289
5,708
23,915
26, 536
15, 519
4,684
24, 440
26, 607
16, 752
4,768
24, 665
27,158
15,641
5,16o
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
1,139,348
1,185,047
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
1
69,143
70, 654
72, 567
72, 629
1,095, 432
1,084, 359
1,139,348
1,185, 047
164,352
150, 282
169, 727
162, 411
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
.
REPORT OF THE COMPTROLLER OF THE CURRENCY
83
and liabilities of national banks, by States, at date of each call during year
ended Dec. 81, 1953—Continued
NEVADA
[In thousands of dollars]
Apr. 20,
1953
1953
Sept. 30,
1953
Dec. 31,
1953
5 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 Keserve
bank
_
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of
collection
_
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Income earned or accrued but not collected
Other assets
-
June 30,
5 banks
5 banks
5 banks
65, 567
77,439
67, 511
84,876
70,889
84,143
7,086
4,606
6,960
4,407
6,748
5,651
6,946
6,036
214
19, 978
4,687
214
19, 555
5,001
214
19, 871
4,826
214
19, 412
5,047
8,402
1,935
29
536
325
10, 780
1,990
42
555
347
14, 789
2,130
42
716
290
12,119
2,220
38
631
206
192,266
Total assets.
62, 279
82,189
192,857
207, 664
207,901
92,562
92, 732
101, 211
99, 778
58,349
59,106
61,603
61,967
5,340
19,063
1,316
2,551
179,181
118,770
60,411
5,365
19,356
996
2,355
179,910
118, 763
61,147
6,136
21, 239
1,292
2,380
193,861
ISO, 416
63, 445
5,014
23,806
695
2,682
193,94%
129,634
64,308
715
1,353
422
679
986
351
739
1,510
809
1,646
307
181, 671
181,926
196, 599
196, 704
3,727
3,395
75
3,727
3,731
75
3,727
3,865
75
3,737
3,987
75
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..
SurplusUndivided profits
Reserves.Total capital accounts
Total liabilities and capital accounts
10,595
10,931
11,065
11,197
192,266
192,857
207, 664
207,901
34,325
35,381
37,980
34,418
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
84
REPORT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of national banks, by States, at date of each call during year
ended Dec. 31, 1953—Continued
NEW HAMPSHIRE
[In thousands of dollars]
Apr. 20,
1953
June 30,
Sept. 30,
Dec. 31,
1953
1953
1953
51 banks
51 banks
51 banks
51 banks
85,529
35
11,473
5,251
88,040
64,629
41
12, 450
5,192
88, 902
71,362
39
13, 585
5,019
90,105
72,292
39
11, 484
4,883
484
22,106
6,809
484
21, 208
7,759
23,992
6,976
492
25,767
5,957
25,917
2,332
50
23,432
2,350
36
27,007
2,437
101
27,910
2,374
114
139
46
2
107
46
19
142
46
15
137
228,278
225, 776
240,117
241,615
124,358
125,468
132,629
130,653
44,622
20
7,671
11,659
8,057
7,379
203, 766
158,501
J^5,265
45,177
15
6,229
11,260
8,171
5,111
201, 431
165,886
46,132
15
7,849
14, 778
7,833
5,775
215,011
168,379
46,632
44,547
15
7,097
17,859
9,380
7,280
216,831
171,856
44,975
750
269
164
25
475
276
248
150
700
303
295
23
350
333
284
155
204,974
202,580
216,332
217,953
6,094
10,034
6,021
1,155
6,094
10,048
5,859
1,195
6,094
10,063
6,381
1,247
6,094
10,320
5,902
1,346
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 fixturesReal estate owned other than bank premises
Investments and other assets indirectly representing
bank premises or other real estate
Income earned or accrued but not collected
Other assets
_
_
Total assets
_
LIABILITIES
D e m a n d deposits of individuals, partnerships, and corporations
T i m e deposits of individuals, partnerships, a n d corporations.
_
_.
Postal savings deposits
..
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
_
_
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for
borrowed m o n e y . .
_
_
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
23,304
23,196
23,785
23,662
228,278
225,776
240,117
241,615
17,900
15,569
15,975
15,163
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
REPORT OF THE COMPTROLLER OF THE CURRENCY
85
Assets and liabilities of national banks, by States, at date of each call during year
ended Dec. 31, 1953—Continued
NEW JERSEY
[In thousands of dollars]
Apr. 20,
1953
Dec. 31,
1953
197 banks
197 banks
197 banks
960,999
1,162,732
823
245,122
82,909
985,443
1,125,058
847
246,878
82,049
992, 553
1,201,039
1,240
258,416
81,875
1,033,782
1,158,563
1,237
268,902
77,596
4,671
282,548
56,766
4,684
254,432
60,309
4,770
258,093
60,617
4,783
284,493
54,629
197,977
31,039
429
209,399
31,351
429
202,187
32,287
455
243,032
32,585
397
132
5,130
2,590
237
82
5,940
2,353
249
39
5,715
2,371
235
121
6,536
2,113
3,034,255
Total assets..
Sept. 30,
1953
197 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,
1953
3,009,491
3,101,906
3,169,004
1,291,808
1,305,343
1,309,838
1,371,032
1,141,302
1,159,947
1,178,587
1,165,014
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
49,973
64,439
86,333
181,652
204,728
210,405
42,291
40,379
42,891
46,362
49,417
44,753
2,792, 078 2,785,568 2, 872,807
1,628,050 1,602,861 1,670, 730
1,164,023 1,182,707 1,202,077
77,301
223,675
49,042
53, 744
2,939,808
1,751,246
1,188,562
4,465
2,300
1,450
132
10,106
7,531
902
82
10,564
6,550
1,774
39
11,290
8,893
1,455
121
11,871
8,236
2,315
2,835,913
Total liabilities
25,169
2,809,003
2,896,784
2,963,801
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
60
63,636
64,866
36,222
7,866
Total capital accounts...
629
60
63,914
64,608
91,193
36,268
8,424
592
60
64,349
65,001
91,969
39,892
8,260
580
60
65,139
65,779
94,704
36,125
8,595
198,342
200,488
205,122
205,203
--
3,034,255
3,009,491
3,101,906
3,169,004
Assets pledged or assigned to secure liabilities and for
other purposes
229,827
220,934
220,265
Total liabilities and capital accounts
MEMORANDUM
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, 1953—Continued
NEW MEXICO
[In thousands of dollars]
Apr. 20,
1953
June 30,
1953
Sept. 30,
1953
Dec. 31,
1953
26 banks
26 banks
26 banks
26 banks
100,491
126,041
100,083
127,282
101,574
128,392
7,711
691
8,405
689
8,168
724
8,674
736
39,245
6,365
402
34,926
5,944
402
37,847
6,030
411
39,563
6,334
41,532
3,303
72
47,333
3,410
158
40,167
3,306
135
65,075
3,567
125
105
263
93
272
88
270
306
241
261
328,253
324,808
355,041
171,929
170,011
165,621
180,139
48,465
11
16,179
62,546
10,971
3,189
313,290
262,384
50,906
48,692
11
10,858
65,090
11,179
2,893
308,734
257, 859
50,875
50,640
11
13,765
61,436
10,584
2,256
304,313
251,496
52,817
52,654
11
16,065
67,752
14,844
3,534
334,999
280,178
54,821
741
269
247
806
238
314
200
869
333
293
878
238
341
314,547
310,092
306,008
336,456
6,640
6,345
1,742
2,974
6,890
6,605
1,286
3,380
6,605
1,847
3,458
7,040
6,680
1,011
3,854
17,701
Total assets .
97,086
135,397
332,248
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
18,800
18,585
332,248
324,808
355,041
84,265
86,155
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.
_.
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
80,712
83,598
REPORT OF THE COMPTROLLER OF THE CURRENCY
87
Assets and liabilities of national banks, by States, at date of each call during year
ended Dec. 31, 1953—Continued
NEW YORK
[In thousands of dollars]
Apr. 20,
1953
June 30,
1953
Sept. 30,
1953
Dec. 31,
1953
357 banks
356 banks
356 banks
354 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
.
...
6,086,756
3,386,268
1,717
1,141,765
461,693
5,968,623 6,017,051
3,612,309 4,041,144
1,734
1,358
1,056,276 1,105,094
440,989 V 424,776
6,155,216
3,829,612
1,350
1,092,902
470,326
45,544
2,311,985
107,542
45,660
2,234,738
103,489
45,729
2,194,358
105,029
45,745
2,233,471
99,245
1,143,331
93,664
443
1,160,395
94,222
317
1,130,750
95,635
313
1,348,694
96,383
344
2,779
52,093
26,815
67,152
2,964
46,747
29,912
51,964
3,010
75,887
32,615
43,528
1,725
78,524
33,038
46,933
14,929,547
14,850,339
15,316,277
15,533,508
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..
7,810,992
7,739,441
7,685,836
8,162,042
1,901,114
1,967,525
1,992,897
2,055,330
286,627
430,873
835,947
519,887
445,161
429,931
1,885,696 1,864,850 1,948,641
375,286
434,682
356,887
12,779,602 12,882,532 13,250,139
10,580,117 10,590,364 10,931,355
2,292,178
2,199,485
2,318,784
7,668
141,825
7,033
10
10
10
56,682
50,178
78,274
39,560
39,728
81,519
77,746
42,188
572,719
618,570
88,946
617,126
13,717,768 13,630,581 14,083,716
421,250
387,611
2,110,352
454,238
13,690,823
ll,m,695
2,468,128
3,305
10
82,048
41,334
92,497
491,331
14,301,348
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.
978
187
385,430
386,595
619,171
192,755
13,258
1,057
187
385,887
387,131
619,707
198,705
14,215
1,052
169
386,979
388,200
621,011
208,659
14,691
1,031
169
388,295
389,495
624,437
204,669
13,559
1,211,779
1,219,758
1,232,561
1,232,160
14,929,547
14,850,339
15,316,277
15,533,508
1,319,682
1,291,409
1,639,655
1,217,111
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. SI, 1953— Continued
NORTH CAROLINA
[In thousands of dollars]
A p r . 20,
1953
June 30,
1953
S e p t . 30,
1953
D e c . 31,
1953
46 banks
46 banks
46 banks
46 banks
210,527
162,976
213,759
154,683
212,619
169,660
214,848
187,777
33,431
3,173
32,670
2,408
34,943
4,675
36,437
6,666
954
62,547
13,598
1,002
62,120
12,857
1,008
53,290
17,156
1,071
63,241
15,009
67,898
5,763
74,695
5,782
185
88,254
6,203
356
94,232
6, f 66
A32
21
6
612
21
31
546
532
21
27
750
817
4
825
563
562,087
561,291
589,779
627,671
333,333
329,148
344,518
372,479
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..
89,556
87,761
16,946
46,024
22,562
10,200
515,873
411,200
104,673
12,875
46,125
24,825
11,486
sis, no
403,753
108,467
1,150
19,065
50,334
25,040
10,594
637,837
428,737
109,100
15,810
53,983
33,718
11,242
576,788
463,189
113,599
2,798
2,572
1,992
31
2,548
1,906
627
27
2,757
2,036
370
4
2,857
2,441
597
520,746
518,482
545,825
582,687
10,300
21,482
7,635
1,924
10,700
22,792
7,322
1,995
10,700
22,892
8,328
2,034
11,050
24,690
7,094
2,150
CAPITAL ACCOUNTS
Capital stock: Common stock_.
Surplus
Undivided profits
Reserves
Total capital accounts
Total liabilities and capital accounts
43,954
44,984
589,779
627,671
104,519
97,648
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
_
101,156
98,187
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, 1953—Continued
NORTH DAKOTA
[In thousands of dollars]
Apr. 20,
1953
Sept. 30,
1953
Dec. 31,
1953
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
Real estate owned other than bank premises
Income earned or accrued but not collected
Other assets
June 30,
1953
39 banks
39 banks
39 banks
79,338
117,599
7
11,848
5,255
95, 573
116,164
7
12,003
5,202
100,905
112,598
7
12,401
5,111
342
29,397
3,598
343
28,039
3,398
347
28,654
3,372
348
29,005
3,420
17, 957
1,402
122
842
76
19, 596
1,469
122
782
20,352
1,544
153
22,801
1,626
147
823
76
275, 019
Total assets...
81,273
123,649
7
11,173
5,181
267,884
284, 404
289,268
153,150
150,875
165,624
168,801
72,139
6
5,291
15,914
8,557
2,010
257,067
183,982
73,085
71,993
6
2,889
14,024
8,191
1,780
849,758
176,743
73,015
72, 237
6
5,373
12,048
7,969
2,196
265,453
191,995
73,458
73,601
6
5,411
10,791
9,386
2,184
270,180
195,449
74,781
150
7*8
1,131
35
200
803
1,048
57
1,147
36
211
946
1,272
127
259,171
251,866
267, 905
272,736
4,685
6,715
3,516
932
4,685
6,865
3,515
953
4,685
6,867
3,992
955
4,885
6,804
3,817
1,026
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
15,848
16,018
16, 499
16, 532
275,019
267, 884
284,404
289,268
30,445
27,499
27,440
28,100
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. 81, 1968—Continued
OHIO
[In thousands of dollars]
Apr. 20,
1953
June 30,
1953
Sept. 30,
1953
Dec. 31,
1953
235 banks
235 banks
235 banks
235 banks
1,436,478
1,733,490
23
270,209
45,768
1,440,558
1,709,202
23
259,883
47,326
1,479,014
1,799,767
23
262,763
47,002
1,509,307
1,842,368
23
263,918
47,296
7,043
517,276
64,825
7,125
493,262
71,795
7,164
512,755
76,313
7,370
545,558
67,511
418,151
36,140
432,757
36,530
430,320
37,937
14
478,847
38,679
37
852
234
7,826
4,682
951
979
6,877
951
15
8,374
4,033
942
6
9,344
3,062
4,542,997
4,510,506
4,666,445
4,814,268
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..
2,302,112
2,326,497
2,350,894
2,536,175
1,079,670
185
126,795
341,677
224,840
86,401
4,161,680
2,995,171
1,166,509
1,094,800
185
140,107
349,017
213,036
52,736
4,176,378
2,996,009
1,180,369
1,128,442
185
186,468
361,549
233,596
60,871
4,322,005
3,103,524
1,218,481
1,149,352
185
128,876
321,333
266,651
66,417
4,468,989
3,236,761
1,232,228
1,650
5,375
750
234
13,371
19,956
4,931
979
13,956
18,821
3,730
15
14,897
20,694
3,973
6
15,019
19,826
5,069
4,250,882
_
50,710
4,215,514
4,366,959
4,509,659
98,094
136,631
52,621
4,769
99,094
138,288
53,178
4,432
139,011
57,036
4,170
102,224
144,193
53,895
4,297
CAPITAL ACCOUNTS
Capital stock: Common stock.
Surplus
Undivided profits
Reserves
.._.
Total capital accounts
Total liabilities and capital accounts
292,115
294,992
299,486
4,542,997
4,510,506
4,666,445
4,814,268
782,720
697,884
756,628
706,850
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
REPORT OF THE COMPTROLLER OF THE CURRENCY
91
Assets and liabilities of national banks, by States, at date of each call during year
ended Dec. 31, 1953—Continued
OKLAHOMA
[In thousands of dollars]
Apr. 20,
1953
June 30,
1953
Sept. 30,
1953
Dec. 31,
1953
199 banks
199 banks
199 banks
199 banks
515,752
536,054
19
124,596
27,433
523,560
527,233
19
122,614
28,937
528,473
566,663
17
124, 517
31,655
538,488
553,108
17
127,438
31,149
2,457
212,114
20,167
2,468
165,438
21,802
2,484
160,935
21,291
2,500
207,362
20,390
268,564
12,728
303
273,448
12,603
359
254,357
13,791
153
342,894
13,968
174
1,895
313
2,117
881
1,877
18
1,682
934
1,895
1,051
2,108
929
1,882
1,138
2,129
871
1,725,393
1,682,992
1,710,319
1,843,508
1,050,989
1,021,894
1,021,980
1,110,975
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 Fedeial 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.
145,087
152,359
158,274
96
97
97
29,447
24,746
50,087
165,370
145,394
126,196
172,792
190, 210
173,692
13,732
13,803
12,308
1,577,513 1,548,503 1,542, 634
1,420, 760 1,381,448 1,369,653
156,763
167,055
172,981
164,154
97
42,613
144,206
218, 580
24,664
1,705,289
1,526,413
178,876
16,234
2,225
30,454
313
1,873
5,745
293
18
1,932
5,380
842
1,051
1,884
6,651
486
1,138
1,849
7,157
1,190
1,601,971
1,558,900
1,583,160
1,716,623
35, 700
46,142
36,902
4,678
36,000
46,615
36,615
4,862
36,100
46,740
39, 502
4,817
36,250
47,419
38, 208
5,008
123,422
124,092
CAPITAL ACCOUNTS
Capital stock: Common stock
Surplus
Undivided profits
Reserves
Total capital accounts
Total liabilities and capital accounts
127,159
126,885
1,710,319
1,725,393
1,843,508
309,494
283,201
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
»
309,759
288,846
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, 1958—Continued
OREGON
[In thousands of dollars]
Apr. 20,
1953
June 30,
1953
Sep. 30,
1953
Dec. 31,
1953
19 banks
19 banks
18 banks
18 banks
ASSETS
Loans and discounts (including overdrafts)
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government.—
Obligations of States and political subdivisions. _.
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve
bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process
of collection
..
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Customers' liability on acceptances outstanding.
Income earned or accrued but not collectedOther assets
599,120
399,504
610,173
423,949
584,398
463,523
110,287
8,896
111,013
9,797
115,359
8,164
119,938
11,668
2,181
184,661
14,324
2,181
158,765
14,522
2,179
188,557
14,159
2,183
198,178
13,043
97,309
15,430
418
752
3,215
887
97,951
15,510
379
876
4,909
489
109,185
15,962
275
299
4,499
785
105,824
16,075
287
660
5,206
724
1,430,872
Total assets..
593,879
398,633
1,415,016
1,493,545
1,521,707
729,654
712,897
431,853
13
17,458
101,881
35,356
18,201
1,293,598
851,328
442,270
443,645
13
26,078
106,148
40,851
21,641
1,368,030
915,178
452,857
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
703,976
423,842
13
16,687
111,879
34,818
18,842
1,810,057
874,772
435,285
454,441
13
20,886
146,265
38,390
24,841
1,897,733
930,359
467,874
10
10
10
876
8,579
5,522
5,630
8,462
8,647
7,362
660
8,151
6,464
5,631
1,331,748
1,314,215
1,392,810
1,418,649
31,935
40,776
Total liabilities-
10
770
8,282
6,994
5,635
31,935
40,886
27,839
141
31,835
40,800
27,964
31,835
40,940
30,142
141
CAPITAL ACCOUNTS
Capital stock: Common stockSurplus..
Undivided profits
Reserves
-.
Total capital accounts
148
^
Total liabilities and capital accounts
19,124
100,801
100,735
103,058
1,430,872
1,415,016
1,493,545
1,521,707
299,998
308,737
306,525
348,834
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
i
REPORT OP THE COMPTROLLER OF THE CURRENCY
93
Assets and liabilities of national banks, by States, at date of each call during year
ended Dec. 81 > 1953—Continued
PENNSYLVANIA
[In thousands of dollars]
Apr. 20,
1953
June 30,
1953
Sept. 30,
1953
Dec. 31,
1953
599 banks
592 banks
586 banks
581 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
2, 734,862
2, 623, 687
37
502,865
298, 937
2, 719, 663
2, 474, 745
37
491,137
302,132
2, 746, 344
2, 633,115
37
487,026
274, 740
2,730,762
2, 596,690
37
495, 999
282, 514
19,812
905, 736
129,327
19, 464
923,082
126,094
19, 414
881,650
129,057
19, 701
891,827
120,636
635,370
67, 631
810
632, 621
67, 508
601,021
67, 869
857
672,824
70,899
945
8,544
1,941
12, 988
6,993
601
10, 622
6,801
9,013
3,023
12,386
1,891
1,309
11,768
6,992
7,949, 540
7, 784,124
7,871, 760
7,904,794
3,915,057
3,855,180
LIABILITIES
Demand deposits of individuals, partnerships, and corporations
4,023,390
Time deposits of individuals, partnerships, and corporations
2,054,440
Postal savings deposits
_.
874
Deposits of U. S. Government
180, 365
Deposits of States and political subdivisions
..
272, 606
Deposits of banks
_
•
484, 613
Other deposits (certified and cashiers' checks, etc.)
67, 248
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for
borrowed money
Acceptances executed by or for account of reporting
banks and outstanding
Income collected but not earned
Expenses accrued and unpaid
Other liabilities
Total liabilities
._..
7,083,536
4,948,818
2,134,718
2,068, 659 2, 088,114
877
876
244,157
189,167
292, 362
253, 727
488,848
474,781
57,613
59, 593
6,961,860 7,027,151
4,815,993 4,856,836
2,145,867 2,170,815
2,068,458
877
182,078
276,144
509, 942
64,830
7,071,637
4,937,716
2,133,921
29, 585
8,625
15, 515
1,630
1,987
17, 019
26,214
11,972
687
17, 762
21, 416
8,446
3,037
18,867
25, 250
8,038
1,612
19,470
26,457
9,452
7,170, 313
7,018, 796
7, 097,858
7,130, 258
50
212,415
212,465
436, 603
119,369
10, 790
50
208,139
208,189
431, 563
114, 653
10,923
50
207, 395
207,445
429,138
126,131
11,188
50
207,905
207,955
446,410
107, 793
12,378
CAPITAL ACCOUNTS
Capital stock:
Preferred stock
Common stock
Total capital stock
.
Surplus..Undivided profits
Reserves and retirement account for preferred stock
Total capital accounts
Total liabilities and capital accounts
779, 227
765,328
773,902
774,536
7, 949, 540
7,784,124
7,871,760
7,904,794
825, 292
859,069
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
303318—54
877,666
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. 81, 1953—Continued
RHODE ISLAND
[In thousands of dollars]
Apr. 20,
1953
June 30,
Sept. 30,
Dec. 31,
1953
1953
1953
6 banks
6 banks
6 banks
5 banks
Total assets.
85,363
81,603
85,387
85,263
90,373
81,369
82,774
65,872
5,742
2,029
8,256
2,504
9,322
2,612
8,550
1,628
442
25,989
4,056
446
15,925
4,300
446
20,131
4,809
365
20,045
13,687
3,944
12,663
3,922
10,546
3,909
156
292
139
73
345
91
12,885
3,462
15
338
326
43
223,442
Loans and discounts (including overdrafts)—.
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions.
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve
bank
Reserve with Federal Reserve bank.
Currency and coin
Balances with other banks, and cash items in process
of collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises. _
Customers' liability on acceptances outstanding
Income earned or accrued but not collected
Other assets
219,175
224.032
200,082
106,860
103,758
99,409
93,080
62,984
23
5,394
22,684
62,722
23
5,393
18,875
4,565
5,079
200,415
137,062
63,353
63,211
23
6,806
25,323
5,752
4,914
205,488
141AU
64,024
61,479
23
4,781
14,596
5,417
3,646
183,022
120,707
62,315
3,779
LIABILITIES
Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
_
___
_
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
_.
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
_
Time deposits.
_
Bills payable, rediscounts, and other liabilities for
borrowed money
Acceptances executed by or for account of reporting
banks and outstanding
_
Income collected but not earned
Expenses accrued and unpaid
_
.
Other liabilities
_
'____[
Total liabilities..
4,758
205,692
142,068
68,624
500
200
156
613
1,132
20
73
565
1,306
135
42
710
1,262
7
338
728
1,325
157
207,613
202,994
207,659
185,570
4,805
8,720
2,254
50
4,880
8,775
2,460
4,880
8,775
2,651
67
4,380
7,805
2,244
83
CAPITAL ACCOUNTS
Capital stock: Common stock...
Surplus
Undivided profits
Reserves
Total capital accounts
16,181
16.373
14,512
219,175
Total liabilities and capital accounts
224,032
200,082
31,056
28,795
16,157
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
30,342
REPORT OF THE COMPTROLLER OF THE CURRENCY
95
and liabilities of national banks, by States, at date of each call during year
ended Dec. 31, 1958—Continued
SOUTH CAROLINA
[In thousands of dollars]
Apr. 20,
1953
Sept. 30,
1953
Dec. 31,
1953
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 debenturesCorporate stocks, including stock of Federal Keserve
bank
Reserve with Federal Reserve bank.
_
Currency and coin.
Balances with other banks, and cash items in process
of collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing
bank premises or other real estate
Income earned or accrued but not collected
Other assets
-*.
June 30,
1953
25 banks
25 banks
25 banks
161,243
183,061
158,604
201,543
161,720
205,652
21,384
21,627
7,982
21,883
9,580
22,651
7,937
701
58,047
14,238
701
58,892
14,136
705
55,972
16,015
716
63,928
13,796
54,798
4,342
10
72,328
4,621
74,211
4,662
9
81,749
4,688
16
19
612
528
19
508
354
19
538
478
15
626
402
526,329
Total assets..
159,217
203,444
525,481
544,219
563,896
313,440
317,788
332,154
337,848
55,419
7
29,927
68,296
17,393
7,364
491,8^6
428,034
56, 553
57,415
28,262
67,498
14,582
6,564
491,254
426,291
6L957
31,924
58,493
20,220
8,950
509,163
55,422
7
30,076
75,938
18,435
10,940
300
1,143
2,701
452
1,123
2,175
1,054
1,098
2,650
708
1,086
2,592
1,080
496,442
495,606
513,619
533,424
8,862
14,487
5,096
1,442
8,862
14,683
4,891
1,439
8,862
14,708
5,552
1,478
8,962
15,216
4,755
1,539
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
Income collected b u t not earned
Expenses accrued and unpaid
Other liabilities.._
Total liabilities
443,457
65,706
63, S
CAPITAL ACCOUNTS
Capital stock: Common stock
Surplus
Undivided profits_
Reserves
-Total capital accounts
Total liabilities and capital accounts
29,887
29,875
30,600
30,472
526,329
525,481
544,219
563,896
105,190
98,370
102,002
105,755
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. 31, 1958—Continued
SOUTH DAKOTA
[In thousands of dollars]
Apr. 20,
1953
Total assets
_.
-
Sept. 30,
1953
Dec. 31,
1953
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
Investments and other assets indirectly representing
bank premises or other real estate. _
Income earned or accrued but not collected
Other assets
..
_
9
June 30,
1953
35 banks
35 banks
35 banks
101,902
104,986
4
13, 477
6,914
104,885
100, 435
4
13, 680
6,725
109,034
105,341
4
13,294
5,383
113,900
110,072
4
13,419
4,930
361
30, 862
4,024
362
29,805
4,026
364
31,061
4,019
383
31, 218
3,816
21,790
2,324
23,260
2,398
23, 869
2,431
30, 646
2,596
2
981
328
2
885
482
927
89
287, 955
286, 949
1,101
388
296, 289
312,000
164,381
162,959
172,393
181, 983
57,892
3
6,719
29,043
7,287
2,289
267,614
206, 209
61, 405
58, 650
3
4,698
30, 528
8,802
1,782
267, 422
205, 462
61, 960
59, 769
3
7,938
25, 289
8,262
1,745
275, 399
210,228
65,176
63, 338
3
7,256
26, 741
10,332
2,0)4
291,667
222,816
68,821
LIABILITIES
Demand deposits of individuals, partnerships, and corporations..
_..
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
_.
Bills payable, rediscounts, and other liabilities for
borrowed money
Mortgages or other liens on bank premises and other
real estate
Income collected but not earned..,
Expenses accrued and unpaid
Other liabilities
Total liabilities-
1,000
150
700
23
1,101
1,450
5
1,138
1,192
84
22
1,180
1,493
1
22
1 176
1 746
,
93
271,193
270,009
278, 795
294, 704
4,893
7,210
3,800
859
4,893
7,246
3,879
922
4,893
7,247
4,442
912
4,893
7, 905
3,532
16, 762
16,940
CAPITAL ACCOUNTS
Capital stock: Common stock..
Surplus
Undivided profits
Reserves...
Total capital accounts
Total liabilities and capital accounts. _
17, 494
17.296
296,289
287, 955
312, 000
44, 424
45,291
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
._
44,383
43, 433
REPORT OF THE COMPTROLLER OF THE CURRENCY
97
and liabilities of national banks, by States, at date of each call during year
ended Dec. 31, 1958—Continued
TENNESSEE
[In thousands of dollars]
Apr. 20,
1953
June 30,
1953
Sept. 30,
1953
Dec. 31
1953
74 banks
74 banks
74 banks
74 banks
ASSETS
Loans and discounts (including overdrafts)
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government.Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve
bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process
of collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing
bank premises or other real estate
Customers' liability on acceptances outstanding
Income earned or accrued but not collected
Other assets
_.
_
Total assets
_..
87, 683
13, 403
645, 091
507, 213
6
90, 093
12, 051
690, 619
532, 771
6
90, 716
12,396
2,963
194, 609
27,349
2,972
186, 592
28, 297
2,941
197, 443
29,317
2,970
205, 592
30, 665
195, 765
17, 234
241
253, 365
17, 556
268
213, 525
17, 749
330
288, 830
17, 799
283
54
5,200
2,392
1,258
196
2,401
774
476
2,210
1,031
7,815
2, 504
1,034
628, 552
513,150
6
86, 235
11, 463
614, 706
503, 965
1, 719, 476
1, 884, 000
812, 347
787, 591
854,102
342, 403
173
23, 735
145, 609
251, 310
11,156
" 1,733
350, 424
173
38, 813
128, 491
266,321
10, 927
1, 582, 740
1,218,291
364, 449
357,104
175
35,121
123, 653
360, 841
15,005
1, 746, 001
1,374,900
371,101
1, 686, 471
1, 712,184
806, 274
332, 707
172
25,331
123,063
253,157
15, 512
1,556,216
1,810,788
345, 428
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
356,390
40
250
6,200
5,200
6,510
5,715
652
196
6,490
4,779
576
476
6,773
6,797
829
1, 574, 333
1, 599, 024
7,815
7,093
6,236
860
1, 603, 815
1, 768, 005
33, 976
57, 324
20, 976
3,385
34,176
59, 295
19,150
3,374
CAPITAL ACCOUNTS
Capital stock: Common stock
Surplus
Undivided profits
Reserves
_..
Total capital accounts
33, 976
56, 416
18, 524
3,222
_
Total liabilities and capital accounts
33, 976
56, 773
19,161
3,250
112,138
113,160
115, 661
115, 995
1, 686, 471
1, 712,184
1, 719, 476
1,884,000
212, 410
215, 686
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes.
255,148
222,805
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, 1953—-Continued
TEXAS
[In thousands of dollars]
Apr. 20,
1953
June 30,
1953
Sept. 30,
1953
Dec. 31,
1953
444 banks
443 banks
443 banks
443 banks
2,456,021
1,877,763
3
286,609
44,119
2,443,570
1,879,950
3
287,652
45,927
2, 448,523
1,952, 607
3
291,373
49,096
2, 645,607
2, 020,571
3
297,402
56, 560
10,894
872, 463
82, 428
11,270
834, 953
88,376
11, 410
814, 795
91,957
11, 408
894, 867
89, 489
1,107,998
75,150
11, 795
1,255, 352
75,576
12, 789
1,142,767
77,447
14,038
1, 594, 925
77, 238
19, 692
6,302
17,452
7,049
4,474
6,297
8,326
6,589
4,787
6,348
8,565
8,187
4,383
6,860,520
6,961,417
6,921,499
7, 751, 667
4,153,881
4,175,276
4,424, 441
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
6,387
24,488
8,611
4,419
LIABILITIES
Demand deposits of individuals, partnerships, and cor4,164, 741
porations...
___
.._
Time deposits of individuals, partnerships, and cor579,378
porations
1,169
Postal savings deposits
133,142
Deposits of U. S. Government
518,021
Deposits of States and political subdivisions
877, 565
Deposits of banks
68,963
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
6,342,979
5,643,217
699,762
7,525
18,377
8,315
24,368
801
6,402,365
617, 042
610,117
1,169
1,169
165, 227
141,383
475,318
511, 648
885, 388
964,488
59, 525
64, 458
6,447,1 U 6,378,945
5,703,824 5,624,278
754,667
743,320
13, 640
425
8,677
10, 273
8,152
8,128
23,856
29, 765
2,238
1,557
641, 637
1,169
151, 496
599, 209
1, 258, 231
134, 979
7,211,162
6,387,041
8241®1
6, 492,064
7, 275,186
6,440,736
24,491
8,190
27, 945
3,398
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
171,135
171,335
190,080
78,866
17,874
458,155
6,860, 520
200
176, 910
177,110
197, 991
75, 617
18, 635
469, 353
200
178, 720
178,920
199, 691
83, 891
18,261
480, 763
200
178, 860
179,060
201,931
75, 005
20, 485
476, 481
6,961,417
6,921,499
7,751,667
975,450
1,028,410
1,033,016
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
_
,
REPORT OF THE COMPTROLLER OF THE CURRENCY
99
Assets and liabilities of national banks, by States, at date of each call during year
ended Dec. 31, 1958—Continued
UTAH
[In thousands of dollars]
A p r . 20,
1953
June 30,
Sept. 30,
1953
Dec. 31,
1953
9 banks
9 banks
9 banks
9 banks
1953
ASSETS
Loans and discounts (including overdrafts)
_.
U. S. Government securities, direct obligations
Obligations guaranteed by IT. S. Government.
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, 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
__
110,275
121,257
3
8,666
1,698
113, 649
111, 547
3
7,649
1,698
113, 726
121,894
3
10, 314
1,504
117,166
123,004
3
9,565
1,744
329
46, 321
3,395
336
43, 670
3,763
331
41, 010
331
48,087
3,414
19,880
2,706
2
70
208
22,659
23,952
2,752
2
39
309
24, 634
2,758
2
10
134
319, 624
330,852
314,810
LIABILITIES
Demand deposits of individuals, partnerships, and corporations
_.
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
_.
Deposits of U. S. Government
_
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
..
Total liabilities
169,884
178, 998
180,763
64, 603
1,020
6,628
26, 814
16, 949
1,743
289,057
220, 051
65, 557
1,020
6,315
26, 401
16, 673
2,264
288,114
218,154
66,386
1,020
10, 463
21,326
19,039
1,634
298,866
228,077
70,789
67,736
1,020
8,721
30,899
18,482
1,978
S09,599
287, 460
72,139
6,000
1,137
1,700
179
1,112
1,493
229
1,146
2,142
251
1,094
1,916
826
298,073
__.
Time deposits
_.
Bills payable, rediscounts, and other liabilities for
borrowed money
_
Income collected but not earned
Expenses accrued and unpaid
Other liabilities
171,300
290,948
302,405
313, 435
5,275
5,275
5,182
1,005
5,275
5,283
5,616
947
5,275
5,343
5,670
931
5,275
6,285
4,876
981
CAPITAL ACCOUNTS
Capital stock: Common stock..
Surplus
Undivided profitsReserves
_.
Total capital accounts
Total liabilities and capital accounts
16, 737
17,121
17, 219
17,417
314,810
308,069
319,624
330, 852
18,256
14,758
17,409
16,471
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
_
100
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, 1958—Continued
VERMONT
[In thousands of dollars]
Apr. 20,
1953
Sept. 30,
1953
Dec. 31,
1953
37 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
Balnces with other banks, and cash items in process
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,
1953
37 banks
37 banks
37 banks
67,344
49,350
42
8,664
4,870
66,934
51,730
39
9,495
4,497
64,408
53,850
39
8,375
4,960
363
13,340
3,041
13,756
3,819
365
14,300
3,527
365
15,008
11,872
1,785
10,906
1,783
70
13,854
1,830
60
13,568
1,794
58
23
129
74
23
122
23
159
160,443
Total assets.
64,644
52,556
42
7,526
4,989
161,208
166,899
165,717
59,197
59,546
61,535
60,454
74,504
74,693
3
1,692
3,575
1,206
2,703
148,418
68,199
75,219
21
753
258
706
75,722
3
2,366
5,924
1,075
2,065
148,690
72,490
76,200
75,169
3
2,441
6,320
1,317
1,971
147,675
71,977
75,698
790
204
626
657
404
661
144,420
145,156
150,310
149,397
5,545
5,682
3,352
1,444
5,545
5,791
3,487
1,229
5,545
5,797
3,984
1,263
5,545
6,040
3,538
1,197
144
96
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..
2,185
3,846
1,192
1,962
142,889
67,850
75,039
127
730
159
515
CAPITAL ACCOUNTS
Capital stock: Common stock..
Surplus
_
Undivided profits
_
Reserves
_
Total capital accounts
Total liabilities and capital accounts
16,023
16,052
16, 589
16,320
160,443
161,208
166,899
165,717
9,787
8,932
7,739
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes..
REPORT OF THE COMPTROLLER OP THE CURRENCY
101
and liabilities of national banks, by States, at date of each call during year
ended Dec. 81, 1953—Continued
VIRGINIA
[In thousands of dollars]
Apr. 20,
1953
Dec. 31,
1953
133 banks
133 banks
133 banks
496,957
489,456
17
70,120
20,775
498,625
478,533
17
68,942
19,302
507,211
497,517
17
69,289
19,470
513,912
511,591
17
70,300
23,572
2,353
148,986
30,631
2,364
136,117
30,208
2,395
136,920
32,103
2,452
133,706
29,372
140,743
13,602
230
156,736
13,771
157,771
14,204
320
180,350
14,367
317
688
168
1,294
1,427
676
272
1,306
1,550
706
268
1,350
1,549
706
553
1,658
1,439
1,417,447
Total assets
Sept. 30,
1953
133 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,
1953
1,408,718
1,441,090
1,484,312
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.)
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 liabilitesTotal liabilities
_
_
667,749
687,315
681,371
370,116
120
47,044
94,279
96,517
15,452
1,291,277
875,698
415,579
377,571
120
55,233
77,459
100,181
18,675
1,316,554
379,261
120
51,073
92,591
133,257
26,962
1,364,635
935,153
429,482
9,480
3,770
7,380
1,500
168
3,656
5,319
905
272
3,833
4,106
268
3,957
5,228
372
553
3,934
5,523
1,066
1,312,656
1,304,117
1,333,759
1,377,211
29,978
48,537
20,849
5,427
Total deposits
Demand deposits
Time deposits
665,876
363,921
120
51,070
95,200
97,280
19,661
',293,128
885,374
4.07,754
30,117
48,702
20,364
5,418
30,567
49,432
21,928
5,404
30,567
52,172
19,898
4,464
CAPITAL ACCOUNTS
Capital stock: Common stock___
Surplus
_
Undivided profits.
_
Reserves
_
_
._.
Total capital accounts
104,791
104,601
107,331
107,101
1,417,447
1,408,718
1,441,090
1,484,312
234,169
222,781
215,370
221,435
Total liabilities and capital accounts
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes.
102
REPORT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of national banks, by States1 at date of each call during year
ended Dec. 81 f 1958—Continued
VIRGIN ISLANDS OF THE UNITED STATES
[In thousands of dollars]
Apr. 20,
1953
June 30,
1953
Sept. 30,
1953
Dec. 31,
1953
lbank
lbank
lbank
lbank
ASSETS
Loans and discounts (including overdrafts)
U. S. Government securities, direct obligations.
Obligations guaranteed by U. S. Government _.
Obligations of States and political subdivisions
Reserve with approved national banking association
Currency and coin
__
.
Balances with other banks, and cash items in process
of collection
Bank premises owned, furniture and fixtures
Income earned or accrued but not collected
Other assets
Total assets
1,558
4,160
1,610
3,837
1,707
3,741
2,011
3,385
277
675
374
277
791
328
379
700
299
379
827
387
10
7
8
22
11
5
46
11
15
7
9
20
24
4
61
16
7,091
6,916
6,877
7,094
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
2,076
1,835
1,902
2,020
2,750
2,767
2,748
2,824
236
1,528
40
22
6,652
8,559
8,098
256
1,557
45
16
6, 476
8,879
8,097
227
1,500
32
29
6,488
8,451
2,987
260
1,473
25
19
6,621
8,601
8,020
16
17
19
17
24
15
19
21
10
21
33
21
6,704
6,532
6,488
6,696
150
150
58
29
150
150
50
34
150
150
55
34
150
150
63
35
CAPITAL ACCOUNTS
Capital stock: Common stock _
Surplus
Undivided profits
..
Reserves
Total capital accounts
_
_.
..
Total liabilities and capital accounts
387
384
389
398
7,091
6,916
6,877
7,094
320
320
320
320
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
. .
._
REPORT OF THE COMPTROLLER OF THE CURRENCY
103
Assets and liabilities of national banks, by States, at date of each call during year
ended Dec, 81, 1958—Continued
WASHINGTON
[In thousands of dollars]
Apr. 20,
1953
1953
34 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,
1953
34 banks
33 banks
Dec. 31,
1953
784,088
513,402
825, 751
551,361
838,911
562,601
160,816
30,025
161,963
32,971
159,187
31,790
161, 542
28,816
2,541
241, 716
27,668
2,541
254, 561
28,311
2,539
246,034
29,099
2,603
232,069
24, 552
187,858
20, 597
492
177,322
20, 769
567
189,357
21, 088
482
186, 522
21,354
463
523
177
4,167
1,228
564
208
3,644
1,156
700
383
4,137
1,506
835
186
4,027
1,599
1,990,293
Total assets..
767, 556
544,929
1,982,067
2,063,414
2,066,080
1,078,245
1,054, 715
1,092, 778
1,128,519
480, 931
9
42,056
133, 446
82, 529
16,661
1,833,877
1,340,634
493,243
490,009
9
37, 759
155,158
83,875
15, 860
1,837,385
1,335,011
502,374
491,108
9
77,772
137, 722
95,807
15, 432
1,910,628
1,405,153
505,475
502, 532
9
53, 271
119, 521
97, 635
14,871
1,916,358
1,399,408
516,950
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
3,335
11,000
56
50
44
182
9,324
8,700
1,287
226
9,356
6,701
1,297
383
9,519
9,220
1,918
186
9,244
9,318
1,420
1, 864, 430
Total liabilities-
60
1,855,021
1,935,053
1,936, 570
35,035
49,692
29,337
12,982
34,925
49,704
30,674
13,058
37,025
50, 212
31,767
10,506
CAPITAL ACCOUNTS
Capital stock: Common stock
Surplus..
Undivided profits
Reserves
_
Total capital accounts
Total liabilities and capital accounts
35,035
49, 661
28, 216
12,951
125,863
127,046
128,361
129,510
1,990,293
1,982,067
2,063,414
2,066,080
376, 576
338,514
401,009
347,196
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
—
104
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, 1953—Continued
WEST VIRGINIA
[In thousands of dollars]
Apr. 20,
1953
June 30,
1953
Sept. 30,
1953
Dec. 31,
1953
74 banks
74 banks
74 banks
74 banks
ASSETS
Loans and discounts (including overdrafts)
_.
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve
bank
_
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process
of collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing
bank premises or other real estate
Income earned or accrued but not collected
Other assets
175,650
243, 430
177,190
261,120
175,868
255, 541
27,193
7,393
27, 585
6,799
26,155
7,106
1,113
62, 766
14,720
1,114
60,871
15, 754
1,115
64,437
14, 757
1,120
61,871
13, 599
54,943
4,905
40
63,017
4,823
37
60,282
5,217
93
71,320
5,265
189
510
2
210
496
278
560
284
490
597,136
Total assets. .
172,363
251,314
5
26,248
8,020
599,990
619, 433
618, 718
297, 517
307,654
309, 878
298, 577
149,387
185
13,934
42, 407
31, 787
8,611
543, 828
892, 578
151, 250
151,134
185
9,875
46,648
28,012
6,385
549,893
396,533
153,860
153, 458
185
49, 799
30, 757
7,325
567,800
412,109
155,691
147,368
186
15,816
53, 918
33,005
18,168
567,038
417,514
149,524
3,350
50
100
150
17
640
1,134
133
17
605
1,150
295
14
616
1,261
194
14
647
1,592
549,102
552, 010
569, 985
19, 771
13,085
23, 816
8,905
2,228
13, 085
23,980
8,685
2,230
13,150
23,946
10,191
2,161
13,150
24, 655
8,713
2,429
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
realestate.__
_
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
48,034
47,980
49, 448
48,947
597,136
599,990
619, 433
618, 718
97,103
92,907
99,904
93,999
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
-
REPORT OF THE COMPTROLLER OF THE CURRENCY
105
Assets and liabilities of national banks, by States, at date of each call during year
ended Dec, 31y 1953—Continued
WISCONSIN
[In thousands of dollars]
Apr. 20,
1953
Sept. 30,
1953
Dec. 31,
1953
95 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
Customers' liability on acceptances outstanding
Income earned or accrued but not collected
Other assets
.._
June 30,
1953
95 banks
95 banks
95 banks
455, 530
683, 910
59
72,778
54,873
464,018
718, 398
59
73, 735
55,057
517,336
700,883
59
74,168
52,804
2,225
184, 437
19, 699
2,228
178, 322
23, 271
2,391
176, 584
23, 648
2,412
188, 734
21,304
173, 001
10,082
96
65
3,350
2,596
10, 520
140
136
2,991
2,382
169, 284
11,103
154
136
3,248
2,398
194,000
11, 295
79
142
3,417
2,513
1,694,658
Total assets.
452, 454
720,669
59
71, 561
54,364
1, 656, 779
1, 700, 213
1, 769,146
783,686
790, 521
801, 008
875, 548
503,164
1,049
58,181
71, 576
120,659
22,040
1,560,855
1,049,915
510,440
507,691
1,052
59, 771
59,003
110, 541
15,869
515, 918
1,051
65, 437
58,144
120, 676
19, 462
1, 581, 696
1,058,478
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, 544,448
1,028,791
515,657
21,850
65
2,798
4,919
690
521,188
1,053
48, 775
60, 222
126,164
23, 647
1,656, 597
1,127,435
529,162
2,700
136
2,995
4,307
136
3,153
5,656
928
1, 590,677
1, 552,879
1, 594, 269
50
29, 440
29,490
44,622
25, 248
4,621
50
29,440
29,490
44, 786
25,077
4,547
50
29, 465
29,515
50,116
21, 742
4,571
142
3,296
3,352
1,150
1, 664, 537
CAPITAL ACCOUNTS
Capital stock:
Preferred stock
Common stock
Total capital stock.
Surplus..
Undivided profitsReserves and retirement account for preferred stock
Total capital accounts
Total liabilities and capital accounts..
103,981
1, 694, 658
50
29, 555
29,605
50, 790
20, 693
3, 521
105, 944
104, 609
1, 656, 779
1, 700, 213
1, 769,146
174,375
174,254
130,069
103,900
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes-
188,431
106
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, 1953—Continued
WYOMING
[In thousands of dollars]
1953
Apr. 20,
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
Income earned or accrued but not collected
Other assets
June 30,
Sept. 30,
1953
Dec. 31,
25 banks
25 banks
25 banks
1953
65,600
89,739
66, 207
91, 384
65,471
99,699
8,473
2,316
8,856
2,390
9,706
2,715
9,495
3,408
278
24,395
3,732
278
23,663
4,060
283
21,130
4,154
284
25,228
3,506
28,841
1,539
20
220
25, 342
1,505
17
231
108
29, 349
1,507
17
299
54
32,005
1,404
30
265
36
224,851
Total assets..
65,435
89, 522
221, 789
226,805
240,831
126,627
121,219
126, 574
129,432
44, 248
18
2,855
25,143
9,634
1,521
210,046
165,108
U,9S8
46,141
18
1,910
27, 656
8,633
1,278
206,855
159,84.0
47,515
46, 834
18
4,497
22,667
9,342
1,194
211,126
162,238
48,530
18
4,173
31,427
11, 613
1,370
226,663
176,219
60,344
900
802
406
1
1,100
789
312
49
1,300
785
553
14
748
357
212,155
209,105
213, 778
227, 766
2,760
6,015
3,355
566
2,760
6,165
3,185
574
2,760
6,165
3,556
546
2,760
6,265
3,326
714
12, 684
13,027
13,065
224,851
221,789
226,805
240,831
40,505
42,385
43,448
45,571
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.
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
TABLE N O . 16.—Fiduciary activities of national banks as of Dec. 31, 1953
Banks with capital stock of—
$25,001 to
$50,000
$25,000
Number of national banks with trust powers but not administering
trusts
Number of national banks with trust powers administering trusts. _
$50,001 to
$100,000
$100,001 to
$200,000
$200,001 to
$500,000
$500,001 and
over
Total
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
46
41
83
230
59
421
43
414
16
399
254
1,513
15
87
313
480
457
415
11,767
$11,022,909
$125,352,284
$388,244,436
$502, 778,284
$637, 565, 799
$1,531,839,158
$3,196,802,870
17,840, 705
142, 799,223
1,257,837,922
3,640, 755, 790
7,765,948,961
77,409,954,965
90,235,137,566
28,863,614
268,151,507
1,646,082,358
4,143,534,074
8,403, 514,760
78,941, 794,123
93,431,940,436
215,966
6,055
34,310
4,085,970
154,544
686,188
10,196
49,940,605
1,952,409
6,544,911
2, 980, 290
308,426,907
7, 709,192
32,442,773
9,160,194
1,268,178,018
21,619,058
83,018, 787
101,303,998
22,610,231,818
386,641, 758
771,407,691
17,483,450,530
24,241,079,284
418,083,016
894,134,660
17, 596,905,208
256,331
Total number of national banks authorized to exercise trust
powers
_
_
-_
7
8
4,936,898
61,418,215
357,739,066
1,474,119,861
41,251, 731, 797
43,150,202,168
30,119
225,110
1,197,899
3,501,650
12, 770,846
39,665,209
97,066, 741
165,983,168
365, 969, 745
439,339,261
6,613,360,152
3,394,658,769
7,090,395,502
4,043,373,167
1,102
61,022
158,534
17, 793
8,326,233
330,636
325,291
78, 732,548
14,086,191
1,870,418
301,990,171 27,817,303,401
355, 229, 575 3, 208,414, 587
217,994,888
11,591,109
28,206,413,375
3, 578,219,523
231,800,601
256,331
4,936,898
61,418,215
357,739,066
1,474,119,861
41,251, 731, 797
43,150,202,168
91,500
656,675
11,080,930
172,548,557
330,499,857
17,110,960,763
17,625,838,282
25
35
4
157
201
63
346
391
205
375
381
301
387
386
366
1,293
1,401
939
TRUST DEPARTMENT ASSETS
Investments
Time deposits
Demand deposits
Other assets
~_
Total
_
_
__
TRUST DEPARTMENT LIABILITIES
Private trusts
_.
Court accounts
Other liabilities:
Agency escrow, custodian, etc , accounts
Corporate accounts
Miscellaneous
Total-
_
Total volume of bond issues outstanding for which banks are
acting as trustee
_
Number of national banks administering personal accounts:
3
Voluntary, private or living trusts
Court accounts
7
Agencies, escrows, custodianships, etc
1
Includes 26 banks which have been granted only certain specificfiduciarypowers.
§
o
o
I
o
TABLE NO. 16.—Fiduciary activities of national bank as of Dec. 81, 1958—Continued
Banks with capital stock of—
$25,001 to
$50,000
$25,000
$50,001 to
$100,000
$100,001 to
$200,000
$200,001 to
$500,000
$500,001 and
over
Total
O
Number of national banks administering corporate accounts:
Bond or debenture issues
Paying agencies
Depositories and other miscellaneous corporate accounts
Number of national banks acting as transfer agent
NnTnbpf of national bants acting as registrar
2
Total
180
71
61
60
79
307
232
201
211
228
677
336
301
295
343
109
255
6
922
3,085
297
5,011
10,623
1,786
14,074
20,615
6,067
80,125
59,382
69,317
100,246
93,985
77,473
370
4,304
17,420
40,756
208,824
271, 704
12
_
139
23
24
20
26
30
Total
Number of corporate accounts being administered:
Bond or debenture issues
Paying agencies
Depositories and other miscellaneous corporate accounts
42
9
13
4
10
5
25
Number of personal accounts being administered:
Voluntary, private or living trusts CJonrt- ar»ooiints
Agencies, escrows, custodianships, etc
7
1
2
10
1
3
63
14
21
488
74
38
796
310
318
6,242
22,408
7,048
7,611
22,807
7,428
12
14
98
600
1,424
35,698
37,846
5
11
33
32
130
142
3,263
3,519
3,431
3,704
4,418
18,085
42,452
251,304
316,685
Number of accounts for which national banks are acting as transfer
agent -Number of accounts for which national banks are acting as registrar
Total number of accounts being administered
42
384
§
TABLE NO. 17.—Fiduciary activities of national banks by Federal Reserve districts as of Dec. 31, 1953
Federal Reserve districts
Number
of banks
exercising fiduciarypowers
Boston
New York.._.
oo Philadelphia..
Cleveland
Richmond
Atlanta.
Chicago
St. Louis
Minneapolis...
Kansas City_.
Dallas
San Francisco
1,513
Total number authorized
to exercise
fiduciary
powers
153
221
209
105
132
106
204
102
46
104
81
50
Total...
Number
with authority
but not
exercising
fiduciary
powers
Living trusts
$4,942, 599,981
16,971,330,934
4,079,727,362
7,012,859,663
4,199,488,105
5,934,288,011
15,135,359,818
3,362, 558,449
2, 467, 415,343
4,806,397,977
6,371, 652,496
18,148, 262, 297
$394,163, 742
964,045,372
153.388, 294
1,378, 552, 783
312.389, 965
351,964, 209
1, 525,132, 503
128, 639,928
165, 589,426
301,803,464
431,108,464
983, 617,352
$446, 240,865 $1,188,164,994
544,920,290 13, 068,105, 578
265,463, 519
105,058,928
721, 770,943 1,122, 793, 897
266,604, 572
621,456, 544
319,229,264
1,037, 608, 641
7,484, 796,406
405,051,340
69,332, 731
119,623, 534
126,977,303
1, 007,167, 604
123,979,892
948,279,863
63,445, 515
211,327, 651
1,292,029, 735
690,356,933
$144,216,562
1,150,908,653
51, 745,252
516,528, 580
40,207,325
208,097,508
876, 791,909
56,425, 252
365,445, 921
143,076,100
115,426,130
141,150,932
1, 767 93, 431, 940, 436 7,090,395, 502
4, 043,373,167 28, 206, 413, 375
3,810, 020,124
186
239
218
116
158
126
237
126
64
137
102
58
254
1
Personal account liabilities
Total banking
assets of banks
authorized to
exercise fiduciary powers
Agency,
Court accounts escrow, custodian, etc.
Number of
corporate Number of
Total
trust bond all other number of
issue acaccounts
accounts
Agency,
Court escrow, cus- counts be- being ad- 2 being ading admin- ministered ministered
accounts
todian,
istered
etc.
Number of personal accounts
Federal Reserve districts
Total liabilities
Boston
New York.__.
Philadelphia..
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis...
Kansas City_.
Dallas
San Francisco
$2,172, 786,163
15, 727,979,893
575, 655, 993
3, 739, 646, 203
1, 240, 658, 406
1,916, 899, 622
10,291, 772,158
374, 021, 445
1, 665,180, 254
1, 517,139, 319
821,307,760
3,107,154, 952
Total-
43,150, 202,168
1
Living
trusts
4,908
5,433
6,928
10, 257
4, 855
5,261
34, 520
2,258
2,750
4,442
5,034
13, 600
100, 246
Includes 26 banks which have been granted only certain specific fiduciary powers.
6,655
9,599
15, 817
10,871
9,055
5,087
12, 505
3,148
3,926
3,073
1,945
12, 304
93,985
5,041
16,890
1,441
All other liabilities
o
o
Trust deBond and de- partment
benture issues gross earnoutstanding
ings for
where bank year ended
acts as trustee
Dec. 31,
1953
3,557
5,428
14,138
905
4,402
11,147
1,531
8,779
282
568
399
863
312
675
1,633
1.335
262
456
329
497
1,156
9,440
293
2,440
593
2,741
9,362
1,191
530
5,086
2,873
1,665
18,042
41,930
24, 878
28, 645
18, 372
19,192
72,158
8,837
11,870
24, 204
11, 712
36,845
$473, 235, 049
6, 698, 790, 205
175, 675, 488
1, 747, 902,052
504,358,125
696, 623, 016
4, 246, 227, 426
267,888, 580
172, 450, 053
634, 740, 698
623, 480,172
1, 384,467, 418
$5, 972,000
14,160,000
2,837,000
9, 952,000
4, 084, 000
4,316,000
17,137,000
1, 606,000
2, 936,000
3, 283,000
3, 542,000
16,165,000
77, 473
7,611
37, 370
316, 685
17, 625,838, 282
85, 990, 000
4,214
S
^'Corporate paying agency, depository, registrar, transfer agency, etc.
d
!
TABLE N O . 18.—Classification of investments under administration by the active national bank trust departments, Dec. 31, 1953
Trust department investments classified according to capital stock of banks administering
trusts
Banks with
Banks with
Banks with
Banks with
Banks with
Banks with
Bonds
Percent
Stocks
Percent
Real-estate Percent
mortgages
Total
Real estate Percent Miscellaneous Percent investments
$178,297
2,193,383
22, 743, 709
131, 932,844
363. 669,591
271, 535,834
82.56
$8,735
53.68
879,324
45.54
17,444,340
42.78
111, 045,002
28.68
424,525,687
67.54 5,112, 866, 586
4.04
21.52
34.93
36.00
33.47
22.61
$24,133
94,125
4,116, 949
27,611,313
348,438,215
615, 682, 639
11.17
2.30
8.24
8.95
27.48
2.72
$4,551
863,109
4,392,357
24, 274,490
82, 443,818
689,010, 419
2.11
21.13
8.80
7.87
6.50
3.05
$250
56,029
1,243, 250
13,563,258
49,100,677
921,136,340
$215,966
0.12
4,085,970
1.37
49,940,605
2.49
308,426,907
4.40
3.87 1,268,178,018
4.08 22,610,231,818
_. 15, 792, 253,658
65.15 5,666,769,674
23.38
995, 967, 404
4.11
800,988, 744
3.30
985,099,804
4.06 24, 241, 079, 284
capital stock of $25,000..
capital stock of $25,001 to $50,000.._.
capital stock of $50,001 to $100,000...
capital stock of $100,001 to $200,000..
capital stock of $200,001 to $500,000..
capital stock of $500,001 and o v e r . . . 15,
Total
TABLE N O . 19.—Fiduciary activities of national banks by States as of Dec. 31, 1953
Location
Alabama
Alaska...
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
District of ColumbiaFlorida
Georgia..
Hawaii.
Idaho.
Illinois
Indiana.
Iowa.
Kansas
Kentucky
Louisiana
Maine
I...I...
Number
Total
Total banking
Number with aunumber
of banks
thority
authorized assets of banks
authorized to
exercising but not
fiduciary exercising to exercise exercise fidupowers fiduciary fiduciary ciary powers
powers
powers
31
3
2
20
21
29
31
6
7
29
20
1
3
108
90
46
34
52
18
25
$983,480,175
82,110, 751
481, 258,101
405,087,126
13,173, 755, 871
853,029, 296
1,021, 263, 959
28, 495, 766
794, 796,119
1,410, 507, 418
1,147,671,359
204, 944, 722
360,034. 360
8, 973, 798, 479
2, 237, 316, 778
756, 300, 250
726, 541, 427
644,432,083
1, 478, 554, 390
248, 929, 272
i
Personal account liabilities
Living trusts
3
Agency, escrow,
Court accounts custodian, etc.
All other
liabilities
$48,087,930
$217,123, 470
0)
(0
35, 519,542
651, 871, 610
93, 205, 242
137,868, 427
354, 213
119,124, 577
93, 948, 083
54, 546,870
$26, 413, 270
6. 912,857
581, 239, 087
33, 407, 087
205, 967, 582
1,164, 247
13,194, 417
112, 400, 271
99,977,663
4, 523, 756
1, 034, 422,882
129,852, 506
303, 981, 467
20, 630
120, 669, 758
249, 201, 994
145,694,972
4, 351,622
116, 402, 804
10, 057, 656
6, 420,178
5, 605
4,392,476
17, 975, 548
116. 519,744
(0
1,196, 967,357
122, 749, 835
17,682, 787
34, 546,875
13,289, 917
30, 708,006
25, 857,091
0)
131, 615, 450
110, 294, 222
22,685, 226
19, 853, 226
25, 662, 613
10, 535,177
30,057,007
0)
6,135,169, 983
97,078, 276
31, 563,982
106,695, 799
6, 034, 708
326, 572, 303
46,927,371
0)
668, 221,378
26, 810,103
1,162, 288
2,800, 207
1,802, 253
41, 808,655
7, 540,42g
$121,850, 634
(J)
3
o
d
Maryland
Massachusetts...
Michigan.
Minnesota
Mississippi
Missouri
Montana.
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina..
North Dakota...
Ohio...
Oklahoma
Oregon
Pennsylvania
Rhode Island....
South Carolina..
South Dakota. _.
Tennessee
Texas.
Utah
Vermont
Virginia
WashingtonWest Virginia....
Wisconsin. _
Wyoming..
Total.
13
68
18
21
14
26
8
11
2
21
107
4
146
23
4
43
20
5
197
2
11
5
26
77
•«
6
16
4
5
3
7
2
6
1
11
13
3
7
4
2
5
6
1
8
4
4
3
17
i
2
19
62
17
19
28
13
5
6
1
1,513
254
7
39, 048, 844
658, 703, 319
19
218, 642, 629
84 3,423,930,815
153,192, 905
22 3, 210, 672, 664
154, 051,166
26 1, 835, 207,351
6, 405, 704
244, 936, 237
17
126, 585,097
33 1, 946, 569, 658
2, 640,079
201, 967, 552
10
750,019, 283
25, 111, 336
17
195, 626, 340
2 46, 816, 477
3
200,864,049
7, 893, 620
32
79, 771,230
120 2,708, 497, 095
231, 559, 273
6, 341,088
7
883,432, 279
153 14, 648, 246, 078
25, 255, 208
27 ^ 52^739,687
85, 524, 919
3, 007,177
6
393,892,343
48 3, 787,355,888
37,793,058
26 1, 248, 368, 292
94, 397,066
6 1,455,301, 972
205 6,387,327, 394 1,112, 434, 949
(3)
178, 059, 606
2
25, 982, 909
515, 952, 462
15
4,143, 753
210, 511, 816
9
94,192, 553
29 1, 704, 425,155
6,066, 925, 915
197, 967,183
127,844, 912
1, 282, 585, 834
1, 997, 262, 997
447, 853,195
747, 805,875
200,019, 918
4 23, 682, 534
80,432, 587
~T9T>,532,199
23, 753, 791
62, 635, 817
3, 204,893
* 1, 767 93, 431, 940, 436
7,090, 395, 502
94
o
21
69
17
24
34
14
415,031,145
0)
132, 955, 914
15, 207, 666
810,991,153
205, 329, 466
97, 971, 312 1,082, 522,819
997,175, 433
110, 501, 580
2,152,171
5, 523, 060
359, 705,180
33,181, 690
470, 051
1, 299, 559
189, 490,950
25, 576, 784
2 45, 935, 288
2 45, 551, 484
10, 826, 990
16, 535, 242
352, 694, 590
170,970, 324
6, 074, 443
2,884, 059
380, 567, 921 12, 716, 412, 547
34,313,376 ~ _. 19, 301,748
5; 361, 032
4, 269,127
659,811,435
290, 732, 773
222,142, 467
9, 653,146
117, 672, 693
25, 294, 040
528,362, 716
635, 910, 267
(3)
29, 699, 964
5, 558,457
73,893, 495
61, 737, 543
0)
* 21, 748,016
145, 053, 524
38, 272, 322
35,110, 540
62, 685, 241
5, 287,127
(3)
35, 286, 472
3, 624,444
135,114, 225
201, 516, 536
0)
* 51,180, 469
306, 070,243
93,998,872
7,699,016
143, 827, 320
12, 502,301
4, 043,373,167 28, 206, 413, 375
13, 798,040
130, 454,612
188, 036, 045
363,853,335
94,723
39, 976, 835
225,885
44,219,780
2 4, 344,160
160,116
12,981,986
1, 238, 382
1,142,827,051
1,434,497
98,068
343, 799,171
50,720, 665
946, 444
218, 237, 581
(3)
4, 501,188
79, 266
39, 982,994
113,950, 416
0)
* 704,165
13,977, 744
19,457,524 .
2,172, 329
4, 932, 810
130,100
g
3
O
O
1
o
3, 810,020,124
See footnotes at end of table.
o
d
TABLE N O . 19.—Fiduciary activities of national banks by States as of Dec. SI,
1953—Continued
fcO
Number of
corporate Number of
trust bond all other
issue ac- accounts
Agency,
counts
being adCourt
escrow,
accounts custodian, being ad- ministered 6
ministered
etc.
Number of personal accounts
Location
Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
District of ColumbiaFlorida
Georgia
Hawaii
Idaho
_
Illinois
Indiana
Iowa.
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
_
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire.
New Jersey
New Mexico _
New York
North CarolinaNorth Dakota
Ohio
Oklahoma
Oregon
Total liabilities
$413,475,304
0)
0)
51,307,777
266,522,491
654,237,654
1,544,695
257,381,228
473,525,896
416,739,249
(0
8,131,974,168
356,932,436
73,094,283
163,896,107
46,789,491
409,624,141
110,381,894
201,010,464
1,365,417,860
1,521,723,081
1,625, 581,514
14,175,658
559,448,802
4,635,574
284,398,850
2 142,647,409
35,415,968
616,418,130
16,537,972
15,123,239,798
80,304,829
12,735,404
1,688,235,722
320,309,336
238,310,243
Living
trusts
1,457
0)
0)
620
0)
(0
289
8,714
1,105
1,635
19
937
1,384
828
9,122
1,383
3,359
114
158
1,587
1,290
0)
0)
29,705
2,175
467
682
411
546
406
603
2,478
1,786
2,316
231
1,887
90
491
2 795
241
1,341
212
4,199
492
166
3,655
489
1,500
5,928
3,373
593
344
1,369
588
654
654
2,385
1,610
3,053
211
441
41
397
2 1,332
277
3,159
156
7,050
2,016
245
3,309
243
291
1,000
0)
0)
86
6,734
1,342
2,291
3
599
1,381
0)
9,525
1,640
473
3,871
199
1,636
331
454
2,468
1,592
4,237
46
1,549
33
1,585
2 403
121
1,673
444
14,984
119
32
2,813
1,588
659
0)
0)
0)
0)
804
1,075
317
114
46
205
1,055
149
312
24
123
72
64
175
695
0)
1,128
183
51
69
45
154
80
39
151
92
201
11
133
16
76
2 52
7
83
4
497
162
35
660
107
23
0)
8,531
276
52
170
71
909
209
125
580
459
507
23
747
8
93
2 222
10
342
59
9,106
50
5
1,959
4,039
111
Trust deBond and
partment
Total
debenture
gross earnnumber of
issues outings for
accounts
being ad- standing where year ended
Dec. 31,
ministered bank acts as
trustee
1953
4,172
0)
0)
2,483
25,942
4,093
7,643
136
1,782
4,650
3,773
0)
54,817
7,647
1,636
5,136
2,095
3,833
1,680
1,875
8,062
5,539
10,314
522
4,757
188
2,642
2 2,804
656
875
35,83o
2,839
483
12,396
6,466
2,979
$161,042,533
0)
0)
158,108,950
1, 289,552,782
91,751,095
70,619,888
143,985,672
210,117,677
215,648,701
0)
3,736,336,145
132,503,757
11,994,169
101,372,251
3,599,300
81,936,764
126,200,758
274,636,338
320,503,167
83,262,093
1,252,500
105,890,562
2,154,125
150,115,478
2 21,146,046
1,488,440
62,179,954
723,417
6,672,735,155
115,503,356
85,559,575
720,215,856
260,265,499
8,828,050
$1,011,000
(0
0)
208,000
12,872,000
816,000
2,319,000
19,000
704,000
1,254,000
1,085,000
0)
12,515,000
1,276,000
426,000
399,000
301,000
421,000
329,000
520,000
3,211,000
2,471,000
2,729,000
59,000
1,290,000
27,000
541,000
2 731,000
127,000
1,860,000
192,000
12,297,000
428,000
56,000
4,137,000
495,000
1,008,000
Pennsylvania..
Rhode Island..
South Carolina
South Dakota..
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia..
Wisconsin
Wyoming
_
Total
1
2,494,945,513
12,950
21,351
2,485
570
715
38,071
1,164,679,130
8,063,000
95,470,533
13,405,920
343,183,267
792,235,640
427
109
1,433
4,842
558
334
1,279
1,889
327
57
744
1,470
16
4
152
322
123
9
856
2,798
1,451
513
4,464
11,321
48,349,660
321,400
49,692,970
622,481,633
296,000
85,000
1,007,000
3,425,000
0)
(
0
0)
4 97,315,184
545,534,098
342,260,917
68,735,676
274,081,188
21,124,421
4 444
1,778
2,591
649
1,074
165
4 554
4,060
1,164
1,688
2,269
264
43,150,202,168
100,246
93,985
Included withfiguresfor the State of Nevada.
2 Includesfiguresfor 2 banks in Alaska, 2 banks in Arizona, 2 banks in Idaho, and 1 bank in Utah.
3 Included withfiguresfor the State of Vermont.
4 Includesfiguresfor 2 banks in Rhode Island.
5
6 Includes 26 banks which have been granted only certain specificfiduciarypowers.
Corporate paying agency, depository, registrar, transfer agency, etc.
0)
4 311
1,844
983
226
1,245
1,034
77,473
(4
0
11
50
105
22
219
19
7,611
0)
0)
0)
0)
4 87
212
277
19
140
12
4 1,407
7,944
5,120
2,604
4,947
1,494
4 2,504,025
126,281,811
64,940,540
4,392,316
54,758,071
308,313
4 364,000
1,789,000
1,554,000
391,000
824,000
58,000
37,370
316,685
17,625,838,282
85,990,000
W
o
O
TABLE N O . 20.—Earnings, expenses, and dividends of national banks for the year ended Dec. 31, 1953
[In thousands of dollars]
Earnings from current operations
Location
Maine
New HampshireVermont
Massachusetts
Rhode Island
Connecticut
Total New England States
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia.
Total Eastern States
Virginia
West Virginia—.
North Carolina..
South Carolina..
Georgia
Florida..
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Total Southern States
Number
of
banks1
Interest and dividends
on securities
Interest
and
discount
on loans
Service
charges
and other
fees on
banks'
loans
Other service
Service charges, commissions,
charges
fees, and
on deposit
collection
accounts and exchange
charges
Trust
department
Other
current
earnings
466
813
389
5,127
226
2,041
134
137
80
3,909
57
566
329
127
119
3,211
245
2,319
214
324
144
5,983
215
1,164
Total
earnings
from
current
operations
U.S.
Government
obligations
Other
securities
32
51
37
114
5
44
1,902
1,436
1,130
19,726
1,519
6,793
466
365
258
4,798
149
1,804
283
32, 506
7,840
93,059
775
9,062
4,883
6,350
8,044
162, 519
354
197
581
11
58
9
74,917
23,832
53, 504
290
6,127
6,250
31,292
6,653
19,504
79
1,189
711
238,065
48,529
126, 509
689
10,292
9,648
5,282
264
1,433
12
62
33
14,550
5,848
6,910
32
789
1,244
9,124
1,150
2,736
13
212
249
12,297
1,860
8,063
19
520
704
21,090
2,509
6,738
12
686
448
406, 617
90,645
225,397
1,146
19,877
19,287
5,551
4,960
3,834
58,981
3,866
15,867
23
16
23
531
7
175
9,085
8,178
5,977
102,266
6,284
30,729
1,210
164, 920
59,428
433, 732
7,086
29,373
13,484
23,463
31,483
762,969
133
74
46
25
52
66
71
25
39
443
53
90
74
10, 095
5,182
3,592
4,043
6,552
14,442
7,167
1,656
11,839
39,353
3,481
5,805
10, 535
2,068
727
676
645
1,677
2,719
2,368
733
2,019
8,191
1,293
1,012
2,400
26,393
10,209
11,220
8,379
23,719
20,419
20,473
3,878
18,397
121,084
7,617
11,827
32, 583
194
70
109
20
255
167
172
10
48
1,814
48
182
259
2,190
722
1,201
1,165
2,469
3,822
1,839
522
2,072
7,226
870
976
1,579
623
277
526
783
2,048
1,287
1,045
514
1,109
2,912
571
176
1,533
1,789
391
428
296
1,085
1,254
1,011
59
421
3,425
208
301
1,007
1,202
664
644
305
1,543
2,732
1,400
226
2,221
12,342
654
617
1,930
44, 554
18,242
18,396
15, 636
39, 348
46,842
35,475
7,598
38,126
196,347
14, 742
20,896
51,826
26, 528
316,198
3,348
26,653
13,404
11,675
26,480
1,191
123,742
OMo
_
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri
235
124
387
77
95
177
96
77
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
620
369
2,305
756
295
532
56
143
5,383
2,726
10,935
4,188
1,842
3,749
1,341
1,507
1,745
788
4,512
1,842
627
2,975
581
446
4,137
1,276
12, 515
2,471
824
2,729
426
1,290
6,024
2,517
9,411
2,491
1,804
2,413
791
1,074
125, 713
58,943
271,450
103,908
41, 925
72,149
23,261
49, 603
218,155
40,481
385,860
5,076
31, 671
13, 516
25, 668
26, 525
746,952
2,468
2,066
7,507
8,541
2,782
1,805
8,398
2,587
11, 061
329
421
1,681
1,811
496
261
951
167
3,067
4,594
6,157
16,157
15, 053
5,016
3,823
16, 979
6,180
28, 874
64
61
69
117
104
43
179
196
106
706
692
1,742
1,891
738
468
2,151
576
2,742
563
577
539
490
330
222
460
264
721
56
85
541
399
27
58
816
192
495
279
271
1,217
1,380
475
254
848
307
2,915
9,059
10,330
29, 453
29,682
9,968
6,934
30, 782
10, 469
49, 981
735
_
67,353
30, 277
130, 754
55, 356
19,849
40, 670
12,400
29, 201
39
35
124
172
38
25
77
26
199
_
5,845
2,583
16, 291
5,069
2,668
3,907
1,493
2,625
1,268
Total Middle Western States
North Dakota...
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma
34, 606
18, 407
84, 727
31,735
14, 016
15,174
6,173
13, 317
47, 215
9,184
102, 833
939
11, 706
4,166
2,669
7,946
186, 658
33
18
90
11
9
5
3
10, 825
8,823
76,070
3,508
2,542
1,657
2,885
4,165
2,514
24,485
326
216
288
624
42,268
31,071
310, 681
8,437
5,798
3,879
11.995
784
409
8,439
124
272
113
536
5,383
3,383
29,665
828
572
309
1,294
1,660
956
6,688
238
233
114
540
1,554
1,008
12,872
78
85
170
375
1,628
1,187
13,885
336
375
255
1,222
68, 267
49,351
482, 785
13,875
10,093
6,785
19,471
169
106,310
32, 618
414,129
10, 677
41, 434
10, 429
16,142
18,888
650,627
3,057, 753
3,772
6,146
265
4,856
692,848
176, 079
1,745,811
27, 901
149,899
85, 967
119,366
6
1
1
826
1 060
81
106
243
5
1,688
4 005
92
172
172
417
2
717
237
84
23
68
184
1
8
1,967
354
5,785
172
591
1,038
23
4,864
694,815
176,433
1, 751, 596
28,073
150,490
59, 882
60, 920
6,799
2,412
22,990
27, 681
1,038
85, 990
10, 999
10, 698
New York City (central Reserve city)
41, 716
Chicago (central Reserve city)
22, 554
Other Reserve cities.
23
Country banks (member banks)
Possessions (nonmember banks).
1
Number of banks as of end of year, but figures of earnings, expenses, etc., include those banks which were in operation a part of the year but were inactive at
5
10
208
4,633
8
52,100
44,619
275, 784
320, 345
1,967
25,319
8,711
71,320
70, 729
354
170, 354
78,379
783, 752
713, 326
5,785
3,918
1,137
15,317
7,529
172
6,286
1,641
62,997
78,975
591
253
10,183
119, 619
3, 067,936
18,596
5,780
49,917
45,073
253
294,371
153,377
1,323, 793
1,286, 212
10,183
the close of the year.
TABLE NO. 20.—Earnings, expenses, and dividends of national banks for the year ended Dec. 31, 1953—Continued
[In thousands of dollars]
Current operating expenses
Salaries and wages
Fees paid
to directors Interest
and memon time
Employees other
bers of
Officers
deposits
than officers
executive, (including
discount
savings
and
deposits)
advisory
2
Amount Number i Amount Number committees
Location
Maine
New Hampshire - Vermont . .
Massachusetts
Rhode Island
Connp(»t.1C"tr
1,115
1,106
673
9,537
539
3,524
__
__
...
_
_
Total Southern States
Ohio.
Indiana.
Illinois
119
115
89
500
56
204
1,287
695
1,314
4,204
899
2,317
Other
current
operating
expenses
Total
current
operating
expenses
1,564
1,614
1,012
18,554
846
5,628
6,043
5,311
4,289
58,364
3,610
20,096
16
18
3
231
4
161
263
208
95
2,534
231
724
108
164
114
1,866
155
728
Net earnings from
current
operations
3,042
2,867
1,688
43,902
2,674
10,633
_
2,107
32,579
12,292
1,083
10,716
433
4,055
3,135
29,218
97,713
64,806
3,124
1,284
2,963
36
282
206
86,998
19,004
40,493
161
3,284
4,212
26,419
7,069
14,072
72
1,308
1,418
1,541
1,004
2,236
18
195
153
31,635
11,158
22,353
159
1,749
855
1,929
272
573
82
54
6,992
3,409
6,178
25
755
693
3,678
2,296
4,253
42
321
378
69,443
15,377
32,428
150
2,880
3,196
232,902
61,909
129,782
704
11,148
11,685
173,715
28,736
95,615
442
8,729
7,602
65,518
,.
^. „ __ ... ^._
-
662
582
408
7,755
340
2,545
Recurring
depreciation on
banking
house,
furniture
and
fixtures
16,494
Total Eastern States
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana.
Texas
Arkansas
Kentucky
Tennessee
1,571
1,391
989
20,938
880
6,810
Taxes
other
than on
net
income
30,686
9,389
21,268
149
1,882
2,144
Total New England States
New York
New Jersey..
Pennsylvania. .^
Delaware
Maryland
District of Columbia
191
197
130
1,130
57
402
Interest
and discount on
borrowed
money
7,895
154,152
50,358
5,147
67,909
2,910
18,052
10,968
123,474
448,130
314,839
4,971
2,071
2,487
1,780
4,140
4,834
4,059
1,098
3,797
24,261
2,221
2,747
5,429
787
321
327
248
514
633
521
156
411
3,168
325
485
716
7,327
2,833
3,366
3,221
7,852
9,769
6,280
1,462
7,609
33,724
2,322
3,491
9,251
2,985
1,051
1,359
1,299
2,929
3,803
2,526
584
2,809
12,427
985
1,516
3,706
390
199
98
93
213
279
190
84
225
1,129
195
227
210
5,893
1,955
1,300
535
1,689
2,348
2,128
422
2,407
8,638
845
1,433
5,595
219
47
76
40
453
99
21
3
235
655
14
55
298
1,314
431
397
146
1,519
1,076
320
317
1,982
11,058
471
808
2,078
886
398
437
364
841
1,399
613
175
643
3,494
209
399
851
6,472
2,687
3,360
3,147
9,172
8,965
6,633
1,532
6,623
35,193
2,571
3,492
8,511
27,472
10,621
11,521
9,326
25,879
28,769
20,244
5 093
23,521
118,152
8,848
12 652
32,223
17,082
7 621
6,875
6,310
13 469
18 073
15,231
2 505
14 605
78,195
5,894
8 244
19,603
63,895
8,612
98,507
37,979
3,532
35,188
2,215
21,917
10,709
98,358
334,321
213,707
12,111
6,244
24,022
1,537
859
2,725
22,526
10,946
48,823
8,060
4,225
16,520
844
401
1,268
11,325
5,600
26,028
744
73
2,494
7,406
2,833
7,155
2,137
1,030
2,966
20,505
10,276
44,185
77,598
37,403
156,941
48 115
21,540
114,509
Michigan..
Wisconsin
Minnesota
Iowa
Missouri
__
_
8,051
4,595
8,189
3,458
5,148
742
572
1,120
495
635
24,165
9,370
14,656
3,832
9,633
8,215
3,716
5,461
1,556
3,662
362
273
348
157
277
9,404
4,651
7,160
2,221
3,099
831
127
517
39
408
3,738
681
881
546
766
1,488
776
1,018
342
741
16,628
7,450
12,614
4,195
8,419
64,667
27,923
45,383
14,790
28,491
39,241
14,002
26,766
8,471
21,112
71,818
8,685
143,951
51,415
3,930
69,488
5,233
24,006
10,498
124,272
453,196
293,756
1,187
1,549
4,343
4,703
1,244
1,048
3,448
1,288
6,806
186
245
606
768
183
157
484
182
1,067
1,396
1,675
4,882
4,602
1,761
1,171
5,687
2,238
7,980
615
724
1,936
1,856
700
420
2,124
845
3,133
57
45
285
273
57
74
261
60
265
991
885
1,000
1,715
526
782
3,644
861
2,470
19
37
134
91
14
29
60
3
621
147
156
827
771
608
193
556
343
609
134
183
420
322
194
139
313
324
1,163
1,525
1,902
5,474
5,284
1,875
927
4,560
1,748
8,147
5,456
6,432
17,365
17,761
6,279
4,363
18,529
6,865
28,061
3,603
3,898
12,088
11,921
3,689
2,571
12, 253
3,604
21,920
25,616
3,878
31,392
12,353
1,377
12,874
1,008
4,210
3,192
31,442
111,111
75,547
7,245
5,339
35,511
1,812
797
655
2,150
877
111
4,430
239
109
101
248
15,585
10,641
96,549
2,318
1,621
1 277
4,716
5,260
3,540
28,955
895
685
501
1,659
176
66
585
55
66
8
35
6,591
7,967
81,510
2,097
1,280
784
1,194
106
97
2,094
60
79
127
983
638
9,599
178
115
196
341
1,543
1,008
5,075
300
157
116
446
11,839
6,251
54,348
2,119
1,739
929
3,897
44,068
32,007
285,271
8,939
5,854
3,965
12,906
24,199
17,344
197, 514
4,936
4,239
2,820
6,565
53, 509
6,781
132,707
41,495
991
101,423
2,563
12,050
8,645
81,122
393,010
257,617
Total United States (exclusive
of possessions)
296,850
37,958
593,288
205,892
16,060
297,598
14,362
84,290
47,147
487,886
1,837,481
1,220,272
Alaska (nonmember banks)
The Territory of Hawaii (nonmember
bank)
Virgin Islands of the United States
(nonmember bank)
479
56
950
257
6
273
72
105
604
2,489
1,283
759
59
1 295
416
27
1,144
154
133
837
4,349
1,797
33
4
63
24
1
49
1
3
39
189
76
Total possessions (nonmember
banks)
1,271
119
2,308
697
34
1,466
227
241
1,480
7,027
3,156
Total United States and possessions
298,121
38,077
595,596
206,589
16,094
299,064
84,517
47,388
489,366
4,769
4,004
37, 499
38,018
227
1,202
949
17,551
27,445
241
48,895
23, 586
198,920
216,485
1,480
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
New York City (central Reserve city).
Chicago (central Reserve city)
Other Reserve cities
Country banks (member banks)
Possessions (nonmember banks)
__
17,778
9,247
106,282
163, 543
1,271
1,207
656
11,063
25,032
119
65,611
26,708
272,334
228,635
2,308
1
Number at end of period.
2 Number of full-time and part-time employees at end of period.
18,253
8,235
89, 501
89,903
697
476
177
2,676
12,731
34
15,496
11,727
133,350
137,025
1,466
14,362
1,528
2,217
7,862
2,755
1,844, 508 1,223,428
155,755
78,615
776,474
826,637
7,027
138,616
74,762
547,319
459,575
3,156
TABLE NO. 20.—Earnings, expenses, and dividends of national banks for the year ended Dec. 31, 1953—Continued
[In thousands of dollars]
00
Recoveries, transfers from valuation reserve s, and profits
On loans
On securities
Location
Recoveries
50
69
799
83
40
80
26
4,376
7
95
945
4,762
1,190
_
984
854
368
509
38
483
__
72
67
Total New England States
-
Maryland
District of Columbia
___
All
other
Total
recoveries,
transfers
from
valuation
reserves
and profits
On loans
On securities
Losses Transfers Losses Transfers
to
and
and
to
charge- valuation eharge- valuation
reserves
offs
offs
reserves
82
117
25
117
3
19
187
196
41
3,003
42
695
All
other
Total
losses,
charge-offs,
and transfers to
valuation
reserves
788
913
181
15, 776
505
2,765
259
251
70
11,174
207
1,002
350
85
1,573
331
336
16
35
15
442
63
341
804
53
4,624
530
912
12, 963
3,506
6,015
363
4,164
6,880
20,928
4,473
1,194
2,610
693
344
762
278
163
515
8,257
2,972
6,059
19, 669
3,357
8,803
596
219
7,707
455
220
556
15,003
2,928
5,288
4,296
1,259
3,295
155
328
69
37
108
1,320
379
1,321
o
190
25
594
457
773
265
33
41
41
222
94
261
116
40, 019
7,983
25, 649
17
1,330
516
4
2
142
46
363
8
95
5,859
148
155
30
5,224
129
1,194
- _
1,908
1,064
3,237
18, 345
32, 873
8,555
1,318
23, 535
9,233
75, 514
14
35
1,176
435
177
156
412
1,046
781
250
1,513
6,626
338
455
1,342
1,160
744
287
551
1,522
1,636
1,169
138
624
5,868
386
275
1,052
232
45
42
2
388
67
6
371
1,393
40
346
1,116
205
74
85
13
55
222
736
41
233
4,301
399
71
37
780
158
373
162
661
597
811
188
340
4,203
104
273
396
330
15
92
174
88
35
17
38
57
207
22
117
1,750
125
59
66
153
128
115
485
223
565
265
672
2,879
93
308
291
13
3
375
- -
„
8,761
547
70
75
360
4
27
_-
--
1,030
25
59
16
--
Total Southern States
..,
Transfers
from
valuation
reserves
Losses, charge-offs, and transfers to valuation reserves
2
2,345
Total Eastern States
Virginia
West Virginia
North Carolina.
South Carolina
Georgia
-Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas -Kentucky
Tennessee;-- - --
4,677
27
New York
New Jersey -Pennsylvania
2
Recoveries
151
63
27
738
91
120
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut ....
OhioIndiana
Illinois
Michigan
Transfers Profits on
securities
from
valuation sold or
reserves redeemed
l
738
1,226
43
12
161
223
102
58
21
145
461
199
37
528
834
78
265
606
10
193
81
68
116
113
151
195
112
130
1,642
72
93
124
950
2,707
1,174
873
883
2,725
3,066
3,348
638
2,240
18, 644
1,022
1,273
3,551
1,248
2,904
3,557
2,755
1,153
3,090
14, 707
15, 412
4,048
6,472
9,046
7,166
42,144
214
32
1,397
39
96
132
5,507
477
726
3,875
626
220
238
1,022
111
120
226
425
1,902
448
1,353
1,650
15, 613
1,356
3,716
1,202
5,085
8,225
729
433
150
491
169
2,426
1,393
10,976
1,579
1,035
1,128
9,212
1,915
8,339
4,655
28, 344
11, 920
2
41
2
84
52
883
7
23
97
1,910
132
782
2,580
32
Total Middle Western S t a t e s North Dakota
South Dakota
Nebraska
Kansas
Montana
Wvominsr
Colorado
New Mexico.- _
Oklahoma--
1,897
618
295
680
209
515
253
255
5,894
4,272
1,057
3,236
4,998
2,747
19, 864
14, 522
67, 717
75
189
19
49
249
686
330
170
856
289
884
123
95
708
261
82
70
955
651
390
118
64
461
473
85
224
497
119
261
512
512
2,130
2,040
1,216
603
3,001
1,170
2,480
3,614
881
3,532
3,335
2,302
13, 664
3,065
1,576
9,501
754
290
15
433
1,075
46
15
591
17
2
220
837
122
14, 918
244
85
98
630
939
229
3,091
626
51
39
522
5,962
1,942
33, 917
1,641
426
154
1,805
203
397
437
232
185
566
44
866
69
165
35
12
90
49
69
402
69
80
842
2,025
446
1,020
3,672
2,010
460
1,216
2,045
6,335
7,124
2,735
2,445
3,621
24, 305
25, 586
3
45
24
19
108
202
94
60
96
44
163
44
24
159
222
193
28
305
196
390
24
15
70
162
43
8
201
35
245
92
60
702
601
425
98
920
275
845
252
304
431
617
386
139
693
36
756
810
1,561
71
803
4,018
390
409
980
82
72
29
45
86
37
2,688
9
15
19
3
42
148
128
1,559
7
39
12
16
1,019
589
5,467
224
129
41
70
2
316
12
29
1
318
47
Total Western States
Washington
Oregon
California
Idaho
Utah
Nevada
Arizona
803
104
1,069
49
282
54
116
33
160
Wisconsin
Minnesota
Iowa
Missouri
_.
725
376
12
54
126
Total United States (exclusive
of possessions)
144
3
—
Total Pacific States
48
1
2,007
2,844
64
1,909
7,539
15, 634
6,891
891
16, 934
5,497
45, 847
7,876
15, 226
23, 449
16, 427
5,327
13, 572
81,877
96, 625
31, 388
15, 323
76, 878
45, 600
265,814
7
63
1
44
115
51
66
171
141
121
550
3
12
10
25
145
34
179
8
8
10
75
1
54
140
51
66
171
286
163
737
7,876
15, 226
23,459
16, 502
5,328
13, 626
82, 017
96, 676
31, 454
15, 494
77,164
45, 763
266, 551
895
1,054
2,688
3,239
119
5,487
7,805
1,815
3,724
2,847
9,298
7,580
10
145
890
8,324
7,068
75
117
1,814
539
2,857
1
322
1,171
5,779
6,300
54
5,322
13,263
34, 433
28, 859
140
15, 748
1,634
40, 506
38, 737
51
352
2,127
26, 005
2,904
66
1
189
1,715
13, 418
171
11, 970
8,590
31,155
25,163
286
3,305
8,073
17, 746
16, 476
163
31, 376
20, 613
117,127
96, 698
737
Not including recoveries credited to valuation reserves.
2 Not including losses charged to valuation reserves.
9
5,816
147
Total possession (nonmember
banks)
-
New York City (central Reserve
city)
-- -Chicasfo (central Reserve citv)
Other Reserve cities
Country banks (member banks)..- Possessions (nonmember banks)
21
1
281
3
333
568
Alaska (nonmember banks)
The Territory of Hawaii (nonmember
bank)
Virgin Islands of the United States
(nonmember bank)
Total United States and possessions
49
12
60
TABLE N O . 20.—Earnings, expenses, and dividends of national banks for the year ended Dec. 31, 1953—Continued
[In thousands of dollars]
Location
60
3,337
88
394
1,479
1,425
1,019
20,739
1,314
4,828
2
699
592
411
11,922
525
2,368
699
592
411
11,924
525
2,368
Capital accounts i
Net profits
before dividends to
capital accounts
Expenses
to gross
earnings
25,922
23,231
16,016
299,676
15,429
68,872
Percent
5.71
6.13
6.36
6.92
8.52
7.01
Percent
66.52
64.94
71.76
57.07
57.45
65.40
56,841
_.
__
._.
Total Southern States
_
-
-
-
30,804
2
16, 517
16,519
449,146
6.86
60.12
6,080
71,692
15,159
49,699
277
4,984
3,799
106
56
2
44,123
5,381
24,528
151
2,314
1,728
44,229
5,437
24,530
151
2,314
1,728
1,219,424
200,454
769,177
5,005
59,026
45,607
5.88
7.56
6.46
5.53
8.44
8.33
57.28
68.30
57.58
61.43
56.08
60.58
105,980
6,080
145,610
164
78,225
78,389
2,298,693
6.33
58.74
15,551
6,882
6,179
5,583
11,156
16,053
12,664
2,117
13,878
66,177
5,210
7,426
17,394
.
3,879
64,181
8,566
26,326
154
3,009
3,744
257,670
_
22,158
6,664
2,925
2,881
2,567
4,480
7,073
5,391
653
5,521
31,678
1,947
2,849
7,438
480
3,814
1,445
1,321
1,260
3,178
2,846
2,890
519
2,091
18, 740
1,219
1,465
4,242
3,814
1,445
1,321
1,260
3,178
2,846
2,890
519
2,091
18, 756
1,224
1,465
4,242
104,447
47,787
42,600
29,673
74,572
105,833
78,187
16,506
81,069
462,499
36,741
53,472
113,110
8.51
8.28
7.74
9.64
8.95
8.49
8.69
8.87
10.31
7.46
8.88
8.56
8.80
61.66
58.22
62.63
59.64
65.77
61.42
57.07
67.03
61.69
60.18
60.02
60.55
62.18
186,270
Total Eastern States-
—-
1,034
780
498
15,224
974
3,648
On com- Total cash
On preferred stock mon stock dividends
declared
141,953
23,725
76,025
431
7,993
7,543
Total New England States
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia.
Ohio
Indiana
State
N e t profits
before dividends
2,513
2,205
1,577
39.300
2,376
8,870
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee..-
Federal
Ratios
Cash dividends declared
Taxes on net income
Profits
before income
taxes
82,067
636
21
45,030
45,051
1,246,496
8.31
61.00
41,129
18,535
19,181
8,068
I
9,561
3,355
9,561
3,356
293,335
130,629
7.48
8.01
61.73
63.46
156
8,887
3,957
3,298
2,860
6,676
8,980
6,793
1,464
8,357
34,499
3,263
4,577
9,956
103, 567
21,948
10,467
16
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
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)
101, 778
28, 677
8,950
24, 519
7,860
18,896
43,388
11,187
3,229
9,516
3,294
8,184
63
1,221
250,344
106,047
1, 810
3,183
3,446
10,660
10,482
2,898
2,066
10,172
2,709
20,285
1,329
1,696
4,259
4,332
1,313
917
4,786
1,078
8,419
65,901
28,129
19,256
15, 991
169,064
3,519
3,942
2,707
4,830
8,171
5,802
80,135
1,457
1,979
1,562
2,087
1,240
3,943
124
87
219, 309
101,193
1,036,335
445,574
848
1,643
423
660
526
58,390
17,490
5,658
13, 782
4,566
10,186
69
40
2
6
23, 659
7,301
3,047
5,916
1,626
4,278
23, 728
7,341
3,049
5,922
1,626
4,278
709, 582
185,824
103,462
156,820
57,243
125,094
142,487
118
8.23
9.41
5.47
8.79
7.98
8.14
57.82
62.23
66.60
62.90
63.58
57.44
58, 743
58,861
1,761,989
8.09
60.67
512
1,809
1,702
6,401
6,150
1,585
1,149
4,994
1,631
11,354
721
687
2,403
1,818
778
379
2,042
598
4,027
721
687
2,403
1,818
778
379
2,042
598
4,027
16,028
16,839
70,286
67,400
14,927
12,635
66,295
17,938
123,340
11.29
10.11
9.11
9.12
10.62
9.09
7.53
9.09
9.21
60.23
62.27
58.96
59.84
62.99
62.92
60.19
65.57
56.14
997 |
36,775
13,453
13,453
405,688
9.06
59.53
118
11,085
8,949
84,986
1,938
1,876
1,145
2,625
4,317
4,140
50, 712
864
810
403
1,082
4,317
4,140
50, 739
864
810
403
1,082
126,682
100,817
755,336
19,485
17,009
10,861
25,422
8.75
8.88
11.25
9.95
11.03
10.54
10.33
64.55
64.86
59.09
64.43
58.00
58.44
66.28
5,512
112,604
27
62,328
62,355
1,055,612
10.67
60.40
18,914
571,847
332
274,296
274,628
7,217,624
7.92
60.09
6
419
983
133
440
133
440
4,013
13,798
10.44
7.12
65.99
70.76
71.32
45
48
392
27
68
30
38
15
15
385
9.87
2,559
1,113
6
1,440
588
588
18,196
7.91
69.01
1,038,894
446,687
18,920
573,287
332
274,884
275,216
7, 235,820
7.92
60.12
112,562
67,412
464,625
391,736
2,559
53,850
30,279
208,425
153,020
1,113
4,948
53,764
37,133
247,314
233,636
1,440
68
19
245
37, 741
17, 290
129,261
90,004
588
37, 741
17,358
129, 280
90,249
588
965,920
474,070
2,885, 582
2,892,052
18,196
5.57
7.83
8.57
8.08
7.91
52.91
51.26
58.66
64.27
69.01
8,886
5,080
6
1
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, 1952, June 30, 1953, and Dec. 31, 1953.
fcO
TABLE N O . 21.—Earnings, expenses, and dividends of national banks, by Federal Reserve districts, for the year ended Dec. 31, 1953
to
[In thousands of dollars]
fcO
District District District District District District District District District District District District NonNo. 4
No. 9
No. 5
No. 6
No. 7
No. 8
No. 10 No. 11 No. 12 member
No. 2
No. 3
No. 1
Earnings from current operations:
Interest and dividends on:
U. S. Government obligations
Other securities -_
Interest and discount on loans
Service charges and other fees on banks'
loans
Service charges on deposit accounts
Other service charges, commissions, fees
and collection and exchange charges
Trust department
Other current earnings.
__
Total earnings from current operations.
•Ourrent operating expenses:
Salaries and wages:
Officers
Employees other than officers
Number of officers x . .
__ __
Number of employees other than
officers^
_
Fees paid to directors and members of
executive, discount, and advisory
OftTnmit,tp.fis
Interest on time deposits (including
savings deposits)
Interest and discount on borrowed
money _Taxes other than on net income
Recurring depreciation on banking
house, furniture and
fixtures.
__
Other current operating expenses
Total current operating expenses
Net earnings from current operations
Recoveries, transfers from valuation reserves,
and profits:
On securities:
Recoveries
_ _ _ _ _
Transfers from valuation reserves
Profits on securities sold or redeemed.
Grand
total
30,674
7,351
88,797
93,915
36,899
279,650
36,633
12,456
87,307
61,040
14,992
124,227
34,952
5,965
75,436
46,833
10,407
100,360
142,948
25, 742
228, 794
26,868
6,454
62,705
25,467
5,571
61,232
45,120
8,839
94, 714
42,088
8,785
128,460
106,310
32,618
414,129
717
8,467
5,573
19, 638
613
5,865
1,532
8,191
477
7,268
738
11,195
3,607
19, 549
594
3,922
824
6,407
721
10,062
1,828
7,901
10, 677
41,434
172
591
28,073
150,490
4,766
5,972
7,712
10,121
14,160
23,109
1,796
2,837
4,180
3,041
9,952
9,862
2,664
4,084
3,888
6,419
4,316
8,600
7,745
17,137
15,758
2,211
1,606
3,220
4,645
2,936
3,809
2,729
3,283
7,395
3,316
3,542
12,945
10,429
16,142
18,888
1,038
23
253
60,920
85,990
119, 619
154, 456
483,065
151,687
232,837
134,734
188,868
461,280
107, 580
110,891
172,863
208,865
650,627
15,653
30, 576
2,005
38, 705
103, 575
4,131
22,106
41, 959
2,756
15,177
24,085
2,145
20,191
36,208
2,566
40,958
91, 739
4,478
13,065
18, 645
1,933
13, 578
20,790
1,954
23,054
29, 887
3,389
25,874
36,009
3,406
53,509
132, 707
6,781
1,271
2,308
119
298,121
595, 596
38,077
11,520
32,550
14, 980
27,108
2,414
10,062
14,468
9,355
14,110
31,907
7,581
8,063
n, m
13,287
41,495
697
206,589
694,815
1,967
176,433
354
5,785 1,751,596
10,183 3,067,936
1,031
2,244
2,191
1,393
1,107
1,083
1,944
970
615
1,270
1,221
991
34
16,094
9,714
41,313
16, 954
20, 297
12,148
12,344
43,757
8,000
10,873
11,432
9,343
101,423
1,466
299,064
402
3, 886
2,150
9,651
481
4, 205
936
10,729
515
3,701
834
6,293
3,522
13,426
610
3,250
596
2,063
1,051
3,523
702
11,513
2,563
12,050
227
14,362
84, 517
2,917
27, 916
5,591
82, 753
2,931
22,475
4,299
35, 482
'2,764
21, 522
4,110
35,829
5,895
76, 545
1,665
17, 998
1,710
19, 568
2,917
29,049
3,703
37,627
8,645
81,122
92,095
285,982
91,325
137, 201
81,019
116,892
277, 786
64, 203
69, 793
102,183
125, 992
393, 010
47,388
241
489, 366
1,480
7,027 1,844, 508
62,361
197,083
60, 362
95, 636
53, 715
71, 976
183, 494
43, 377
41,098
70, 680
82,873
257, 617
3,156 1,223,428
945
4,709
1,142
1,021
600
5,372
1,081
260
1,740
332
344
1,726
226
592
881
475
291
1,480
1,503
5,832
5,549
580
80
1,083
160
442
474
694
3
1,023
291
1,926
972
568
147
2,007
7,876
15, 226
23,459
16
On loans:
Recoveries
Transfers from valuation reserves
All other
Total recoveries, transfers from valuation reserves and profits
4, 620
530
893
935
425
1,592
733
46
532
400
628
1,218
410
159
642
454
137
707
1,369
2,150
2,791
307
116
331
1,175
139
520
1,349
50
734
1,831
883
1,703
2,844
64
1,909
75
1
54
16, 502
5,328
13,626
12,839
9,945
4,392
4,648
2,910
3,544
19,194
2,497
2,910
3,853
7,606
7, 539
140
82,017
Losses, charge-offs, and transfers to valuation reserves:
Securities:
Losses and charge-offs
_
Transfers to valuation reserves
On loans:
Losses and charge-offs
Transfers to valuation reserves
All other
_._
3,340
5,972
22,390
858
7,593
326
5,932
8,110
3,749
352
5,616
955
17, 913
3,258
2,151
2,063
3,134
402
3,032
603
6,141
1,598
15, 634
6,891
51
66
96, 676
31,454
359
4,101
6,708
630
16, 470
5,305
464
4,840
2,182
605
4,579
2, 761
454
1,772
1,023
1,170
2,699
2,482
772
15,367
12, 228
828
1,252
1,469
1,514
1,267
840
3,050
3,189
2,134
4,586
4,408
2,971
891
16, 934
5,497
171
286
163
15, 494
77,164
45, 763
Total losses, charge-offs, and transfers
to valuation reserves
737
266,551
20,480
45, 653
15, 405
21,987
7,350
12, 922
49, 538
7,763
7,157
12,008
19, 704
45,847
Profits before income taxes
54,720
161,375
49,349
78, 297
49, 275
62, 598
153,150
38, 111
36, 851
62, 525
70, 775
219,309
2,559 1, 038,894
Taxes on net income:
Federal
State
21, 408
3,791
71, 421
6,168
17, 740
31, 414
21, 591
156
26,159
480
64,825
53
15,106
354
14, 865
1,324
26, 400
1,067
33, 452
9
101,193
5,512
1,113
6
446,687
18,920
Total taxes on net income
Net profits before dividends.
25,199
._
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) . .
_
77, 589
17, 740
31, 414
21, 747
26, 639
64, 878
15, 460
16,189
27, 467
33, 461
106, 705
1,119
465,607
29, 521
83, 786
31,609
46, 883
27, 528
35,959
88, 272
22, 651
20, 662
35, 058
37,314
112, 604
1,440
573, 287
2
15, 928
158
48, 786
6
15,435
21,115
11, 735
13,323
112
36, 289
5
9,026
6
8,809
12,100
16
19, 422
27
62,328
588
332
274,884
15, 930
48, 944
15, 441
21,115
11, 735
13,323
36,401
9,031
8,815
12,100
19, 438
62,355
588
275, 216
4
613
320
4,171
570
2
848
5
671
1
617
3
3,053
1
481
616
50
1,540
48
1,713
15
4,850
87
449
19, 830
47
2,165
533
7,759
12
1,987
12, 476
2,064
245
1,498
637
2,546
1,025
5,138
1,197
1,275
154
1,717
431
4,022
66
7,187
5,625
15, 479
202
22,448
53,039
3,304
11,193
1,083
2,722
767
5.480
9,115
595
700
4,627
2,583
8,184
50
50, 403
See footnotes a t end of table.
bO
CO
TABLE N O . 21.—Earnings, expenses, and dividends of national banks, by Federal Reserve districts, for the year ended Dec. 31, 1953—Con.
[In thousauds of dollars]
District District District District District District District District District District. District District NonNo. 2
No. 4
No. 1
No. 10 No. 11 No. 12 member
No. 9
No. 3
No. 6
No. 7
No. 5
No. 8
484
342
487
527
431
292
325
271
623
169
4,864
567
338
8
1,909,370 6,900,422 1, 751,178 2,722,313 1,500, 564 1, 946, 7995, 332, 698 1,324, 710 1, 200,072 1,856,168 2, 635,068 7, 672, 238 115, 458 36,867,058
1,962,385 6, 609,186 2, 308,844 3, 756,699 2,048,188 2, 818, 8038, 575, 529 1, 623,035 1, 577,146 2, 727, 5822, 486, 7596, 734, 685 117,175 43,346,016
123, 417 439, 917 124, 885 209, 493 89, 572 124, 763 359, 696 79, 374 61,363 120,378 183,058 342,404
5,426 2, 263, 746
432, 994 1, 383, 349 466, 770 682,089 325,009 404,122 1,093,179 263, 865 226, 487 398, 300 485, 848 1,055, 612 18,196 7, 235,820
"NTnTTihfir of b a n k s 1
Loans- . Securities
Capital stock (par value)
Capital accounts
Ratios:
Percent Percent Percent Percent Percent Percent
To gross earnings:
32.36
32.6G
30.30
24.62
27.08
30.37
Interest and dividends on securities..
57.49
57.56
53.35
53.14
57.89
55.99
Interest and discount on loans
5.48
3.87
3.52
5.93
4.07
5.39
Service charges on deposit accounts..
12.41
All other current earnings
6.21
10.47
10.63
10.96
8.25
Tntal gross earnings
Salaries, wages and fees Interest on time deposits
All other current expenses.
Grand
total
Percent Percent Percent Percent Percent Percent Percent Percent
31.22
24.36
27.99
36.57
30.97
21.35
22.79
28.40
54.79
61.50
55.22
49.60
58.29
63.65
56.81
57.09
5.82
3.78
5.78
4.24
3.65
6.37
5.81
4.91
8.17
10.36
11.01
9.59
7.09
8.63
14.59
9.60
100.00
..
..
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
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
30.60
6.29
22.74
29.92
8.55
20.73
29.19
11.18
19.84
28.11
8.72
22.10
29.96
9.02
21.15
30.43
6.54
24.92
29.19
9.48
21.55
30.38
7.44
21.86
31.55
9.80
21.59
31.36
6.61
21.14
30.21
4.47
25.64
28.77
15.59
16.04
35.48
14.40
19.13
29.65
9.75
20.72
59.63
59.20
60.21
58.93
60.13
61.89
60.22
59.68
62.94
59.11
60.32
60.40
69.01
60.12
40.37
40.80
39.79
41.07
39.87
38.11
39.78
40.32
37.06
40.89
39.68
39.60
30.99
39.88
4.65
4.05
4.99
4.56
5.03
5.16
4.29
4.73
5.10
5.10
4.88
5.40
5.01
4.75
1.94
1.98
2.13
2.02
2.00
2.03
1.97
2.05
1.97
1.98
2.05
2.06
1.98
2 01
50.53
23.92
12.91
44.80
19.05
11.13
48.33
25.31
12.36
45.65
22.38
10.08
59.97
30.73
13.10
57.69
28.82
10.68
51.01
24.54
10.12
54.65
28.54
11.38
66.98
33.67
14.37
58.72
29.12
10.05
45.27
20.38
10.62
75.24
32.89
18.21
58.16
26.54
10.84
54 04
25.32
12 16
14.40
6.82
3.68
14.25
6.06
3.54
12.93
6.77
3.31
14.02
6.87
3.10
16.53
8.47
3.61
17.81
8.90
3.30
16.79
8.07
3.33
16.44
8.58
3.42
18.15
9.12
3.89
17.75
8.80
3.04
17.06
7.68
4.00
24.40
10.67
5.91
17.34
7.91
3.23
16 91
7.92
3.80
i Number at end of year. 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.
NOTE.—The figures of loans, securities, capital stock and capital accounts are averages of amounts reported for Dec. 311952, June 30, and Dec. 31,1953.
O
O
100.00
o
TABLE NO. 22.—Earnings, expenses, and dividends of national banks, by size of banks, for the year ended Dec. 31, 1953
TOTAL U N I T E D S T A T E S A N D POSSESSIONS
[In thousands of dollars]
Banks operating throughout entire year with deposits on Dec. 31,1953, of—
$500,000
and
under
Number of banks
Total deposits
_. __
CaDital stock (Dar value)
Capital accounts
-- Earnings from current operations:
Interest and dividends on:
U. S. Government obligations
_
Other securities
Interest and discount on loans
_
Service charges and other fees on banks'
loans
Service charges on deposit accounts
Other service charges, commissions, fees,
and collection and exchange charges
Trust department
.. Other current earnings
Total earnings from current operationsCurrent operating expenses:
Salaries and wages:
Officers. „_ _
Employees other than officers
Fees paid to directors and members of
executive, discount, and advisory committees
_.
Interest on time deposits (including savings
deposits).
_. .
Interest and discount on borrowed moneyTaxes other than on net income
Recurring depreciation on banking house,
fnmitiire q.T>d flTturns _
Other current operating expenses
Total current operating expenses
Net earnings from current operations
$500,001 $750,001 $1,000,001 $2,000,001 $5,000,001 $10,000,001 $25,000,001 $50,000,001 $100,000,001
$600,000,001
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
25
10,606
735
1,667
84
64,166
2,668
7,030
65
17
305
408
97
1,337
843
163
2,611
9,361
1,690
23,187
48,425
10, 741
108,594
56,925
13,882
124,206
82,164
19,082
176,643
2
23
4
99
11
231
104
2,069
581
10,606
1,016
14,296
16
62
1
36
108
9
75
1,194
21
805
4,620
482
4,367
437
2,044
4,042
38,431
154
29
551
171
956
362
8,219
4,049
729
117
997
235
1,733
678
104,827 1,113,655 5,793,785 6,986,727 10,230,836 8,026,534
154,096
36,053
4,288
145,269
164,245
225,895
551,254
118,048
511,560
12,922
518,007
736,726
Total
4,849
21
36,064,004 100,899,203
915,680 2,298,704
2,868,127 7,404,066
108
7,418,061
154,576
479,165
122
25,096,002
495,199
1,599,560
61,868
13,683
125,448
53,523
11,220
119,363
170,362
30,487
401,750
207,779
74,598
662,998
691,723
175,660
1,746,442
2,010
22,370
1,648
15,959
1,446
12,846
5,442
31,590
15,762
39,630
28 026
149,719
5,095
1,612
5,802
6,587
5,884
10,800
4,927
5,767
10,699
3,927
6,954
10,165
14,005
27,811
34,005
20,193
37,182
42,502
60,734
85,714
119,265
188,416
222,834
325,540
239,9991:
219,444
715,452
1,100,644
3,057,283
32,461
24,743
31,645
35,121
39,568
60,301
26,021
48,837
22,495
45,574
62,187
153,325
72,603
220,954
296,860
593,466
8
48
80
745
3,606
2,967
2,992
1,374
1,103
2,053
1,127
16,003
22
163
1
58
356
1
92
3,901
34
1,110
21,842
174
6,555
25,679
263
6,713
37,109
511
9,441
23,823
564
7,246
18,364
886
6,639
51,042
5,341
21,822
115,758
6,570
25,636
298,049
14,334
84,225
757
5,667
4,015
28,080
4,843
34,828
7,192
55,966
4,703
44,056
4,290
41,341
11,485
130,745
9,832
145,727
47,212
487,416
14
2
78
307
34
312
59
616
1,328
2,522
24,482
120,376
142,059
213,080
166,613
140,691
438,000
598,107
1,837,665
130
716
1,520
13,949
68,040
80,775
112,460
83,386
78,763
277,452
502,637
1,219,718
TABLE NO. 22—Earnings, expenses, and dividends of national banks, by size of banks, for the year ended Dec. SI, 1958—Continued
TOTAL UNITED STATES AND POSSESSIONS-Oontinued
[In thousands of dollars]
Banks operating throughout entire year with deposits on Dec. 31,1953, of—
$500,000
and
under
Recoveries, transfers from valuation reserves,
and profits:
On securities:
Recoveries
Transfers from valuation reserves
5
6
19
3
83
234
73
585
1,031
157
1,013
620
309
1,829
397
281
1,602
931
450
1,894
1,968
4,492
6,370
2,570
9,343
10,099
7,776
15,108
23,389
1
70
1
12
110
2
14
669
28
168
1,799
170
656
1,444
434
1,018
1,521
529
1,687
813
475
1,683
508
712
854
5,721
686
3,747
3,708
2,021
3,050
16,381
4,958
12,780
19
92
137
960
3,517
5,097
6,495
5,051
5,349
22,884
30,791
80,392
1
18
22
356
72
3,636
239
5,772
415
7,242
726
5,796
727
24,681
11,006
38,482
17,468
95,170
31,431
22
5
173
9
26
288
29
74
1,326
399
337
4,091
2,954
1,948
3,522
4,641
2,923
9,164
778
2,192
5,886
3,672
1,269
4,525
3,091
673
5,667
2,498
1,667
13,192
10,349
239
39,650
20,395
15,462
76,952
45,318
18
Losses, charge-ofls and transfers to valuation
reserves:
On securities:
"Losses and f»hftrg<H)ffs
Transfers to valuation reserves . .
On loans:
Losses and charge-ofls
Transfers to valuation reserves
AUother
Total losses, charge-ofls, and transfers to
valuation reserves
-
28
413
2,490
12,868
17,273
21,692
16,853
15,361
60,895
116,234
264,333
582
1,244
12,419
58,689
68,599
97,263
71,584
68,741
239,441
417,094
1,035,777
29
1
Taxes on net income:
Federal
State
226
121
Profits before income taxes
176
9
365
18
3,272
159
18,096
726
25,156
861
39,786
1,303
29,356
644
31,407
905
110,669
4,280
187,457
9,966
445,769
18,872
__
Total taxes on net income
Total
1
Total recoveries, transfers from valuation reserves and profits
Net profits before dividends -
$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
$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
8
On loans:
Recoveries
Transfers from valuation reserves..
AUother
.
to
G
30
185
383
3,431
18,822
26,017
41,089
30,000
32,312
114,949
197,423
464,641
.
91
397
861
8,988
39,867
42,582
56,174
41,584
36,429
124,492
219,671
571,136
Cash dividends declared:
On preferred stock
On common stock
43
176
334
4
3,211
67
14, 573
46
15, 722
64
21, 655
8
16,017
35
14,703
108
55,608
132,116
43
176
334
3,215
14,640
15,768
21, 719
16,025
14,738
55,716
132,116
332
274,158
274, 490
13
197
2
1,164
11
1,841
10
2,158
7
1,257
3
1,380
108
4,168
299
7,615
440
19,793
9
27
42
40
5
502
291
40
3,090
2,722
49
4,727
3,645
207
5,202
4,066
474
4,309
5,524
592
3,587
5,572
3,228
11,464
15,703
17,759
19,818
12,208
22,354
52, 750
49,798
17
12
5
4
24
16
8
5
35
22
13
7
53
34
19
12
109
70
39
23
224
143
81
43
480
314
166
83
1,021
666
355
177
2,032
1,303
729
337
5,864
3,590
2,274
1,020
52,411
28,481
23,930
10,461
631
379
252
118
$1.23
.86
$1.32
.73
$1.25
.81
$1.17
.69
$1.16
.61
$1.10
.55
$1.04
.52
$1.06
.49
$1.11
.50
$1.39
.61
$1.21
.57
_
7.80
5.46
2.58
10.18
5.65
2.50
$1.45
.82
11.76
6.66
2.58
11.82
7.61
2.72
13.30
7.79
2.86
14.65
7.72
2.86
15.26
7.62
2.95
16.10
8.03
3.09
16.44
7.60
3.08
17.35
7.78
3.48
17.52
7.66
4.61
16.47
7.71
3.71
Number of officers at end of period
Number of employees other than officers at end
period
_ _«
>
64
192
294
2,047
6,453
5,098
5,334
3,019
2,342
6,117
7,068
38,028
19
125
234
2,198
11,081
14,451
23,486
18,350
17,036
53,506
65,924
206,410
Total cash dividends declared
_
Memoranda 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).
Average per bank:
Gross earnings from current operations
Current operating expenses._.
Net earnings from current operations
Net profits before dividends
Per $100 of deposits:
Net earnings from current operations
Net profits before dividends
Per $100 of capital accounts:
Net earnings from current operations
Net profits before dividends
Gash dividends
_.
8
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
d
w
I
fcO
128
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 23.—Earnings, expenses, and dividends of national banks, years ended
Dec. 81, 1951-53
[In thousands of dollars]
1952
1951
Number of banks *
Capital stock, par value
Capital accounts2
1953
4,946
4,916
4,864
2,058,050
6,506,378
2,177,888
6,875,134
2,263,746
7,235,820
Percent
Percent
Percent
Amount to total Amount to total Amount to total
Earnings from current operations:
Interest and dividends on:
U. S. Government obligations
568,812
Other securities.
148,205
Interest and discount on loans
1,340,742
Service charges and other fees on banks'
loans
.-19,008
Service charges on deposit accounts
129,180
Other service charges, commissions, fees,
and collection and exchange charges
51,451
Trust department
75,130
Other current earnings
121,830
Total earnings from current operations
Current operating expenses:
Salaries and wages:
Officers
_
Employees other than officers
Number of officers i
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,
furnituret and fixtures
O ther current operating expenses
Total current operating expenses
Net earnings from current operations
Recoveries, transfers from valuation reserves
and profits:
On securities:
Recoveries
_
Transfers from valuation reserves
Profits on securities sold or redeemed. _.
On loans:
Recoveries
Transfers from valuation reserves
Allother
_
2,454,358
250,318
482,447
35,228
23.18 633,688
6.04
164,228
54.63 1,536,789
23.04
694,815
5.97
176,433
55.87 1,751,596
22.65
5.75
57.09
.77
5.26
24,137
136,272
.88
4.95
28,073
150,490
.91
4.91
2.10
3.06
4.96
53,635
80,627
121,191
1.95
2.93
4.41
60,920
85,990
119,619
1.99
2.80
3.90
100. 00 3,067,936
100.00
298,121
595,596
38,077
16.16
32.29
100.00 2,750,567
16.92
32.61
183,778
271,744
535,618
36,773
16.35
32.23
206,589
197,181
12,957
16,094
.87
78, 646
15.71
.76
4.73
299,064
14,362
84, 517
42,205
445,350
2.54
26.80
47,388
489,366
16.22
.78
4.58
2.57
26.53
100.00
14,545
218,626
5,409
76,958
14.78
.36
5.20
260,995
12,711
37,141
395,547
2.51
26.74
1,479,403
100.00 1,661,814
100.00 1,844,508
974,955
1,088,753
1,223,428
5,614
7,058
39,723
5.87
7.38
41.53
6,884
14,844
20,165
8.49
18.30
24.87
7,876
15,226
23,459
18.57
28.60
12,125
12,129
18,994
12.68
12.68
19.86
11,654
14,949
12,604
14.37
18.43
15.54
16,502
5,328
13,626
20.12
6.50
16.61
Total recoveries, transfers from valuation
reserves and profits
95,643
100.00
81,100
100.00
82,017
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
51,191
17,162
22.16
7.43
61,233
16,739
30.12
8.24
96,676
31,454
36.27
11.80
9,606
125,596
27,452
4.16
54.37
11.88
11,349
83,978
5.58
41.31
14.75
15,494
77,164
45,763
5.81
28.95
17.17
231,007
100.00
203,281
100.00
266,551
100.00
Total losses, charge-offs, and transfers to
valuation reserves
Profits before income taxes
See footnotes at end of table.
839,591
966,572
1,038,894
129
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 23.—Earnings, expenses, and dividends of national banks, years ended
Dec. 81, 1951-53—Continued
[In thousands of dollars]
1952
1951
1953
Amount Percent Amount Percent
to total
to total
Taxes on net income:
Federal
State
317,430
15,466
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)..
465,607
573,287
615
247,230
400
258,663
259,063
332
274,884
275,216
1,098
19,707
2,375
21,342
449
19,830
6,355
44,334
56,807
15,291
40,973
77,526
22,448
53,039
50,403
Percent
30.39
8.91
20.98
Ratios to gross earnings:
Salaries, wages, and fees
Interest on time deposits
All other current expenses
Percent
29 88
9.49
21.05
Percent
29.65
9.75
20.72
60.28
Total current expenses
Net current earnings
405,091
561,481
247,845
-
446,687
18,920
506,695
__.
387,963
17,128
332,896
Total taxes on net income..Net profits before dividends
Cash dividends declared:
On preferred stock.
On common stock
Amount Percent
to total
..
Ratio of cash dividends to capital stock (par
value)
Ratio of cash dividends to capital accounts
60.42
60.12
39.72
39.58
39.88
12.04
3.81
11.90
3.77
12.16
3.80
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.
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; 1949, p. 100, and 1951, p . 118.
TABLE N O . 24.—Number of national banks, capital stock, capital funds, net profits, dividends, and ratios years ended Dec, 81, 1929-58
00
O
[In thousands of dollars. Figures for previous years published in report for 1938, p. 115]
Capital stock (par value)1
Number
of banks
1929
1930
1931
1932
1933
1934
1935 .
1936
1937
1938 .
1939
1940
1941
1942
1943
1944
1945
1946
1947
1948
1949
1950
1951
1952
1953
.
..
.
7,408
7,038
6,373
6,016
» 5,159
«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
4,916
4,864
Preferred
92,469
349,470
510,511
447,501
305,842
267,495
241,075
204, 244
182,056
156, 739
135, 713
110, 597
80,672
53,202
32,529
25,128
20,979
16,079
12,032
6,862
5,512
Common
1,650,574
1,724,028
1,680,780
1,597,037
1,507,834
1,359,573
1,280,813
1,259,027
1,285,946
1,310,243
1,320,446
1,328,071
1,341,398
1,354,384
1,372,457
1,440,519
1,536,212
1,646,631
1,736, 676
1,779,362
1,863,373
1,949,898
2,046,018
2,171,026
2,258,234
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
2,177,888
2,263,746
1
Averages of amounts from reports of condition made in each year
2 Deficit.
3
Licensed banks, i. e., those operating on an unrestricted basis.
Cash dividends
Capital
accounts»
Eatios
Net
Cash divi- Cash diviNet profits before diviprofits
dends on dends on Total cash
dends
before
On
On
common dividends
dividends preferred common preferred
stock to
stock to to capital
stock
stock
preferred
common
accounts To capital To capital
capital
capital
stock
accounts
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 2 286,116
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 ?50,457
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
6,875,134 561,481
7,235,820 573,287
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
400
332
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
258,663
274,884
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
5.83
6.02
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
11.91
12.17
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
3.77
3.80
Percent
17.69
9.19
2 3.25
2 10.32
2 17.88
28.98
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
25.78
25.32
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
8.17
7.92
3
w
w
#
REPORT OF THE COMPTROLLER OF THE CURRENCY
131
TABLE NO. 25.—Total loans of national banks, losses and recoveries on loans, and
ratio of net losses or recoveries to loans, by calendar years, 1934-58
[In thousands of dollars]
Year
1934
1935
1936
1937
1938
1939...
1940
1941.
1942.
1943
1944.
1945
1946
1947...
1948
1949
1950...
1951
1952
1953
Ratio of
Net losses
Total loans Losses and Recoveries or recover- losses (or recoveries + )
end of year charge-offs
ies ( + )
to loans
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
36,119,673
37,944,146
Average for 1934-53
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
i 50,482
i 59,482
13 45,970
i 53,940
i 52,322
168,533
16,974,005
77,459
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
2 32,996
2 36,332
40,412
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
19,326
32,201
37,047
Percent
3.57
1.50
1.03
.24
.57
.30
.21
.07
.02
+.10
+.08
+.06
.02
.14
.08
.14
.05
.07
.05
.08
.22
1
2
Excludes transfers to valuation reserves.
Excludes transfers from valuation reserves,
s Revised.
TABLE NO. 26.— Total securities of national banks, losses and recoveries on securities,
and ratio of net losses or recoveries to securities, by calendar years, 1984-58
[In thousands of dollars]
Year
1934
1935
1936..
1937
1938
1939
1940
1941..
1942...
1943..
1944.,.
1945
1946. .
1947
1948
1949.
1950
1951
1952
1953
Average for 1934-53
Ratio of
Total
Net losses
securities Losses and Recoveries or recover- losses (or recoveries + )
end of year charge-offs
ies (+) to securities
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
44,292, 285
44,210,233
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
2 76,524
2119,124
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
311,509
3 6,712
»9,259
38,325
86,644
+64,236
+28,770
58,566
81,828
75,747
660967
43,977
37,083
6,356
17,272
20,474
40,804
44,214
30,105
16,079
15,316
50,834
67,265
110, 799
Percent
.83
+.56
+.23
.50
.66
.59
.49
.28
.13
.02
.04
.04
.09
.10
.07
.04
.04
.12
.15
.25
30,929,073
85,838
46,972
38,866
.13
i Includes profits on securities sold.
Excludes transfers to valuation reserves.
'Excludes transfers from valuation reserves.
1
132
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 27.—Foreign branches of American national banks, Bee. SI, 1958 l
BANK OF AMERICA NATIONAL TRUST AND SAVINGS
ASSOCIATION, SAN FRANCISCO, CALIF.:
England:
London.
London (West End).
Guam:
Japan:
Kobe.
Tokyo.
Yokohama.
Philippines:
Manila.
Thailand:
Bangkok.
FIRST NATIONAL BANK OF BOSTON, MASS.:
Argentina:
Avellaneda.
Buenos Aires.
Buenos Aires (Alsina).
Buenos Aires (Constitution).
Buenos Aires (Once).
Rosario.
Brazil:
Rio de Janeiro.
Santos.
Sao Paulo.
Cuba:
Cienfuegos.
Havana.
Havana (Avenida de Italia).
Havana (Avenida Maximo Gomez).
Sancti Spiritus.
Santiago de Cuba.
CHASE NATIONAL BANK OF N E W YORK, N. Y.:
Canal Zone:
Balboa.
Cristobal.
Cuba:
Havana.
Havana (Vedado).
Marianao.
England:
London (Berkeley Square).
London (Lombard).
France:
Paris.
Germany:
Frankfurt am Main.
Heidelberg.
Stuttgart.
Japan:
Osaka.
Tokyo.
Panama:
Colon.
David.
Panama City.
Puerto Rico:
San Juan.
Santurce.
NATIONAL CITY BANK OF N E W YORK, N. Y.:
Argentina:
Buenos Aires.
Buenos Aires (Flores).
Buenos Aires (Plaza Once).
Rosario.
NATIONAL CITY BANK OF N E W YORK, N. Y.—Con.
Brazil:
Porto Alegre.
Recife (Pernambuco).
Rio de Janeiro.
Salvador.
Santos.
Sao Paulo.
Sao Paulo (Avenida Ipiranga).
Canal Zone:
Balboa.
Cristobal.
Chile:
Santiago.
Valparaiso.
Colombia:
Baranquilla.
Bogota.
Cali.
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).
France:
Paris.
Hong Kong:
India:
Bombay.
Calcutta.
Japan:
Nagoya.
Osaka.
Tokyo.
Yokohama.
Mexico:
Mexico City.
Mexico City (I. la Catolica).
Panama:
Panama City.
Peru:
Lima.
Philippines:
Cebu.
Clark Field.
Manila.
Manila (Port Area Branch).
Puerto Rico:
Arecibo.
Bayamon.
Caguas.
Mayaguez.
Ponce.
San Juan.
Santurce.
Singapore:
Singapore.
Uruguay:
Montevideo.
Venezuela:
Caracas.
* Excludes banking facilities at military establishments.
NOTE.—Consolidated statement of the assets and liabilities of the above-named branches as of Deo. 31,
1953, appears in the following table.
REPORT OF THE COMPTROLLER OF THE CURRENCY
133
TABLE NO. 28.—Consolidated statement of assets and liabilities of foreign branches
of national banks, Dec. 81, 1953l
[In thousands of dollars]
Number of branches
99
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
710, 762
93, 878
56, 894
305, 886
456, 751
20, 073
23, 716
14, 959
1, 682, 919
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
833, 616
474, 359
96, 813
19, 080
131, 123
21, 542
1, 576, 533
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
9, 666
45, 858
24, 139
26,045
1, 682, 241
CAPITAL ACCOUNTS
Undivided profits, including reserve accounts
Total liabilities and capital accounts
678
1, 682, 919
Excludes figures for banking facilities at military establishments, except one located in Saipan.
NOTE.—For location of foreign branches see preceding table.
134
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 29.—Assets and liabilities of banks in the District of Columbia, by classes,
Dec. 81, 1953
[In thousands of dollars]
Total all
banks
Number of banks
National
banks
Nonnational
banks
19
_
9
10
149,511
95,927
53,584
2,741
97
7,265
1,718
5
4,123
1,023
92
3,142
2,586
2,162
424
196
152
44
10,772
36,853
56,228
31,844
3,714
20,491
28,930
16,639
7,058
16,362
27,298
15,205
30,279
10,889
14,832
29,751
50,918
12,196
8,205
8,186
13,538
25,181
18,083
2,684
6,646
16,213
25,737
15,071
73
449,906
3,045
446,861
6,092
48
247,307
2,156
245,151
8,979
25
202,599
889
201,710
68,068
86,590
119,523
58,997
58,216
67,064
9,071
28,374
52,459
24,116
136,755
51,825
10,345
572
497,794
11,611
87,892
34,830
2,057
490
321,157
12,505
48,863
16,995
8,288
82
176,637
497,801
27,689
20,822
2,081
548,393
321,157
19,437 '
10,282
1,118
351,994
176,644
8,252
10,540
963
196,399
62,547
38,706
23,841
59,276
20
183
22,150
43,519
86
12,362
15,757
20
97
9,788
201,651
345,827
128,606
223,279
73,045
122,548
19,424
357
9,754
357
9,670
1,150
1,555
1,791
1,365,358
467
476
831,478
1,150
1,088
1,315
533,880
ASSETS
Loans and discounts:
Commercial and industrial loans, including open-market paper. _
Loans to farmers directly guaranteed and redeemable on demand
by the Commodity Credit Corporation, and certificates of
interest representing ownership thereof
*
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):
Insured by Federal Housing Administration
Insured or guaranteed by Veterans' Administration
Not insured or guaranteed by FHA or VA
Secured by other properties
Other loans to individuals:
Retail automobile installment paper
Other retail installment paper
Repair and modernization installment loans.__
TnRt.a,llmp.Tit flash loans
Single-payment loans.
Loans to banks.
All other loans
Overdrafts
Total gross loans
Less valuation reserves
Net loans
_ __
_.
.
_
_
Securities:
U. S. Government obligations, direct and guaranteed:
Direct obligations:
Treasury bills
Treasury certificates of indebtedness
_
_
Treasury notes
United States nonmarketable bonds (savings, investment series A-1965, 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
TotalObligations guaranteed by U. S. Government (Federal
Housing Administration debentures)
_
_
Total
Obligations of States and political subdivisions
Other bonds, notes, and debentures..
Corporate stocks, including stock of Federal Reserve bank
Total securities .
Cash, balances with other banks, including reserve balances and
cash items in process of collection:
Cash items in process of collection, including exchanges for
clearinghouse
Demand balances with banks in the United States (except private banks and American branches of foreign banks)
Other balances with banks in United States
Balances with banks in foreign countries
Currency and coin
Reserve with Federal Reserve bank and approved reserve
agencies
Total cash, balances with other banks, 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
[ncome earned or accrued but not collected
Other assets
Total assets
7
7
REPORT OF THE COMPTROLLER OF THE CURRENCY
135
TABLE NO. 29.—Assets and liabilities of banks in the District of Columbia, by classes,
Dec. 81, 1953—Continued
[In thousands of dollars]
Total all
banks
National
banks
Nonnational
banks
LIABILITIES
Demand deposits:
Individuals, partnerships, and corporations
U. S. GovernmentStates and political subdivisions
Banks in United States
Banks in foreign countries
_.
Certified and cashiers' checks (including dividend checks), letters of credit and travelers' checks sold for cash, and amounts
due to Federal Keserve bank and agents (transit account)
Total demand deposits..
876,623
32,055
152
68,331
8,185
557,508
25,709
123
55,354
4,084
319,115
6,346
29
12,977
4,101
21,101
13,811
7,290
1,006,447
Time deposits:
Individuals, partnerships, and corporations..
U. S. Government
Postal savings...
States and political subdivisions
Banks in United States
Banks in foreign countries
_.
349,858
137,543
779,356
487,401
400
3,061
6,242
1,246
400
743
3,617
758
2,318
2,625
1,277,706
784,374
492,832
23,000
46,350
15,029
3,273
Total liabilities.
122,767
1,266,757
Total deposits
Bills payable, rediscounts, and other liabilities for borrowed money Income collected but not earned..
Expenses accrued and unpaid
Other liabilities
112,447
8,671
260,310
Total time deposits.
112,838
8,904
1,025
13,200
24,050
7,899
1,455
9,800
22,300
7,130
1,818
225,285
17,575
1,025
16,425
16,425
CAPITAL ACCOUNTS
Capital stock: Common stockSurplus
Undivided profits
Total capital accounts
_._
Total liabilities and capital accounts
87,652
46,604
1,365,358
831,478
102,574
62,587
MEMORANDUM
Assets pledged or assigned to secure liabilities and for other purposes
(including notes and bills rediscounted and securities sold with
agreement to repurchase)
._
__
39,987
136
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 30.—Assets and liabilities of all banks in the District of Columbia at
date of each call during the year ended Dec. 31, 1953
fin thousands of dollars]
Apr. 20,
1953
June 30,
1953
Sept. 30,
1953
Dec. 31,
1953
19 banks
19 banks
I 9 banks
19 banks
ASSETS
Loans and discounts (including overdrafts)
U. 8. Government securities, direct obligations
...
Obligations guaranteed by U. S. GovernmentObligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve
bank
.._
_
_
Reserve with Federal Reserve bank 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
433,160
498,941
7
28,825
25,421
422,628
499,410
7
28,065
23,807
434,550
506,146
25,795
21,310
446,861
497,794
7
27,689
2,010
2,014
2,081
187,103
25,170
201,651
22,150
98,231
18,502
340
98,004
18,752
340
179,800
25,782
93,015
19,321
340
1,150
1,150
1,150
1,150
1,220
1,533
1,446
1,129
1,481
1,459
1,555
1,791
1,337, 511
Total assets..
2,010
201,713
26,458
1,309,021
1,312,170
1,365,358
851,457
856,199
844,296
215,722
1,025
54,282
291
82,567
25, 673
1,231,017
977,638
US, 379
214,102
1,025
44,121
235
80,407
16, 719
1,212,808
961,069
251, 739
211, 111
1,025
54,287
206
81,248
14,364
1,206,537
957,923
248,614
1,266,767
1,006,447
260,310
12,900
700
8,850
400
3,145
4,938
1,046
3,064
4,887
1,766
3,127
5,664
1,164
3,061
6,242
1,246
1,253,046
1,223,225
1,225,342
1,277,706
23,000
43,440
14,816
3,209
23,000
43,450
16,170
3,176
23,000
43,550
17,048
3,230
23,000
46,350
15,029
3,273
122,026
19, 424
357
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
realestate...
Acceptances executed by or for account of reporting
banks and outstanding
Income collected but not earned
_
Expenses accrued and unpaid..
Other liabilities
Total liabilities
225,285
1,025
49,630
152
92,941
21,101
CAPITAL ACCOUNTS
Capital stock: Common stockSurplus
Undivided profits
Reserves
Total capital accounts
r.
^
Total liabilities and capital accounts
87,652
84,465
85,796
1,337,511
1,309,021
1,312,170
120,639
100,378
127,131
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
102,574
REPORT OF THE COMPTROLLER OF THE CURRENCY
137
TABLE N O . 31.—Assets and liabilities of nonnational banks in the District of
Columbia at date of each call during the year ended Dec. 81, 1953
[In thousands of dollars]
Apr. 20,
1953
Sept. 30,
1953
Dec. 31,
1953
10 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 Eeserve
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
.
--
June 30,
1953
10 banks
10 banks
10 banks
200,309
184,928
197,140
179,577
9,133
9,991
8,788
10,417
200,855
184,891
7
8,573
10,383
201,710
176,637
7
8,252
10,540
926
926
926
963
81,258
12, 544
71,044
11,986
69,422
11,051
73,045
9,788
28, 564
9,485
31,340
9,724
30,794
39,715
9,670
1,150
1,150
1,150
965
717
957
931
1,088
1,315
539,845
Total assets.
1,150
""602"
523, 781
529,809
312,272
312,381
310,488
319,115
113,716
113,191
112,868
112,447
19,598
164
30,182
7,401
16,860
119
28,142
18,352
121
29,416
4,771
476,016
335,574
140,44%
15,017
29
33,503
7,290
487,401
349,858
137,643
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
483, SSS
342,175
141,158
7,379
478,072
337', 459
140,613
12,100
500
7,750
2,442
2,210
377
2,343
2,240
513
2,388
2,599
391
2,318
2,625
488
500,462
483,668
489,144
492,832
9,800
20,490
7,261
1,832
9,800
20,500
7,899
1,914
9,800
20,500
8,487
1,878
9,800
22,300
7,130
1,818
CAPITAL ACCOUNTS
Capital stock: Common stockSurplus
Undivided profits
Total capital accounts
Total liabilities and capital accounts
39,383
40,665
539,845
41,048
533,880
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
57,623
44,648
60,284
39, 987
138
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 32.—Earnings, expenses, and dividends of banks in the District of
Columbia, years ended Dec. 31, 1958 and 1952
[In thousands of dollars]
Years ended Dec. 31—
National
banks
Total
Nonnational
banks
1953
N u m b e r of banks i
Capital stock, par v a l u e 2 .
Capital accounts 2
Earnings from current operations:
Interest a n d 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, a n d collection and exchange charges
Trust department
Other current earnings
Total earnings from current operations..
Current operating expenses:
Salaries and wages:
Officers
-_.
_.
Employees other than officers
Number of officers i
Numbei of employees other than officers1
Fees paid to directors and members of executive,
discount, and advisory committees
Interest on time deposits (including savings deposits)..
Interest and discount on borrowed money
Taxes other than on net income
Eecurring depreciation on banking house, furniture and fixtures
_.
Other current operating expenses
1952
1953
1952
1953
19
23,000
85,707
19
22,833
81,881
9
13,200
45,607
9
13,033
43,503
10
9,800
40,100
10
9,800
38,378
9,921
1,284
18,980
173
2,855
9,419
1,178
16,840
208
2,677
6,250
711
9,648
33
1,244
6,083
583
1,192
3,671
573
9,332
140
1,611
595
8,345
165
1,485
1,035
2,036
1,441
943
1,939
1,446
249
704
448
209
701
457
786
1,332
993
734
37,725
34,650
19,287
17,763
18,438
16,887
4,056
9,014
3,684
8,348
1,912
4,802
205
8,083
2,144
4,212
206
1,418
1,933
3,828
896
8,003
1,751
4,520
196
1,652
297
250
153
129
144
121
2,245
161
1,532
1,795
111
1,398
855
54
664
33
636
1,390
107
1,131
78
762
775
6,559
5,537
378
3,196
330
2,801
397
3,363
365
2,736
21,818
11,685
10,354
12,954
11,464
12,832
7,602
7,409
5,484
5,423
945
109
158
55
1,041
337
150
279
6
Total current operating expenses
Net earnings from current operations
Recoveries, transfers from valuation reserves, a n d
profits:
On securities:
Recoveries
Transfers from valuation reserves
_.
Profits on securities sold or redeemed
_.
On loans:
Recoveries
_
Transfers from valuation reserves
All other
._..
71
12
338
Total recoveries, transfers from valuation reserves a n d profits
Losses, charge-offs, and transfers to valuation reserves:
On securities:
Losses and charge-offs
Transfers t o valuation reserves
On loans:
Losses and charge-offs
Transfers to valuation reserves
_
_.
All o t h e r Total losses, charge-offs, a n d transfers t o valuation reserves
8,495
43
%00
1,851
1,665
1952
67
64
"328*
970
149
166
86
~~25"
1,498
473
457
136
634
150
711
6
265
432
183
187
206
84
252
348
41
94
116
32
189
181
142
93
90
52
63
167
1,360
1,401
516
834
844
567
107
37
N u m b e r a t end of period.
* Figures are averages of amounts reported for t h e June a n d December call dates in t h e year indicated
and t h e December call date in t h e previous year.
139
EEPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 32.—Earnings, expenses, and dividends of banks in the District of
Columbia, years ended Dec. 81, 1953 and 1952—Continued
[In thousands of dollars]
Years ended Dec. 31—
1953
Profits before income taxes
Taxes on net income: Federal
Nonnational
banks
National
banks
Total
1952
13,224
11,904
6,081
5,458
1952
1953
7,543
6,711
5,681
5,193
3,744
3,240
2,337
2,218
1953
1952
Net profits before dividends
7,143
6,446
3,799
3,471
3,344
2,975
Cash dividends
3,166
3,068
1,728
1,693
1,438
1,375
299
104
252
62
47
42
396
309
200
247
247
200
149
62
Memoranda items:
Recoveries credited to valuation reserves (not
included in recoveries above):
On securities
_
___
On loans
Losses charged to valuation reserves (not included
in losses above):
On securities. _
On loans
Stock dividends (increases in capital stock)
_
Ratios to gross earnings:
Salaries, wages, and fees...
Interest on time deposits
All other current expenses
Total current expenses
Net current earnings
Ratio of cash dividends to capital stock (par value)...
Ratio of cash dividends to capital accounts
Percent Percent Percent Percent Percent Percent
37.85
35.43 35.45 33.75
33.16 37.20
4.43
6.70
5.95
5.18
3.74
7.54
23.34
22.40
21.39
25.52
23.93 22.34
65.31
62.97
60.58
58.29
70.26
67.89
34.69
37.03
39.42
41.71
29.74
32.11
13.77
3.69
13.44
3.75
13.09
3.79
12.99
3.89
14.67
3.59
14.03
3.58
TABLE NO. 33.—Number of banks, capital stock, capital funds, net profits, interest and dividends, and ratios, all banks in the District of Columbia,
years ended Dec. 81, 1929-58
[In thousands of dollars. Figures for previous years published in report for 1940, p. 200]
Capital i
Number of Capital
banks notes and
debentures
1929.
1930.
1931.
1932.
1933.
1934.
1935.
1936.
1937.
1938.
1939.
1940.
1941.
1942.
1943.
1944.
1945.
1946.
1947.
1948.
1949.
1950.
1951.
1952.
1953.
300
,340
,790
536
419
303
295
999
604
454
400
123
Preferred
stock
(P
1,575
1,650
1,650
1,554
1,355
1,208
1,288
1,130
969
794
317
34
Common
stock
(par
value)
24,868
24,008
23,328
23,072
19, 216
18,345
18,235
18,243
18,250
18,060
17,300
17,338
17,490
17,669
17,768
17,616
17,833
19,783
20,750
20,933
21,017
21,467
22,333
22,833
23,000
Interest and cash dividends
Total
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
23,000
Net
On
Capital
profits
capital
accountsl before
notes
dividends
and
debentures
52,733
52,638
52,066
50,062
41,119
39,849
40,843
42,263
44,365
45,481
48,191
49,499
50,425
51,447
52,301
55,255
61,601
65,468
67,653
69,635
73,451
78,295
81,881
85,707
i Averages of amounts from reports of condition made in each year.
* Deficit.
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
2,436
2,468
3,573
5,485
5,438
4,991
3,589
5,083
6,361
5,800
6,446
7,143
On preferred
stock
Ratios
Interest
on capCash
Cash
ital notes
and de- dividends dividends
On comon pre- on combenmon
ferred
mon
tures to stock to stock to
stock
capital preferred common
notes
capital
and de- capital
bentures
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
3,068
3,166
11.25
2.31
4.30
3.78
3.31
3.15
3.09
2.80
3.97
2.42
4.25
4.88
2.16
4.12
4.12
3.80
3.69
3.89
4.35
3.72
3.92
3.90
5.05
2.94
11.48
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
13.44
13.77
Total
interest
and cash
dividends
to capital
accounts
5.30
5.23
4.09
4.55
2.45
2.42
2.79
2.86
2.93
2.94
3.12
3.11
3.05
2.95
2.88
3.02
2.92
3.09
3.36
3.57
3.81
3.96
3.85
3.75
3.69
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
28.23
31.06
I
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
7.87
8.33
i
REPORT OF THE COMPTROLLER OF THE CURRENCY
141
TABLE N O . 34.—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
1984-58
ALL BANKS
[In thousands of dollars]
Total loans
end of year
1934
1935
1936
1937
1938
1930
1940
1941
1942
1943
1944
1945
1946
1947
1948
1949
1950
1951
1952
1953
. -
— —
-. ._-
...
_
Average for 1934-53
Losses and
charge-ofEs
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
420,060
446,861
193,917
Year
2,847
1,142
946
347
416
257
371
332
225
237
600
195
184
303
1395
1574
1382
1475
1393
1579
560
Recoveries
Net losses Ratio of losses
(or
or recoveries eriesrecov+ ) to
(+)
loans
137
346
398
372
201
137
193
277
351
297
434
300
483
529
2
211
2
304
2
539
2
315
2 253
2
406
2,710
796
548
Percent
3.21
.92
.58
215
120
178
55
.22
.11
.14
.04
324
236
.12
31
156
150
225
103
59
119
143
147
113
141
112
211
230
2 100
2 93
2 180
2 191
2 102
2 289
1,281
3.09
1.05
+49
+.10
.25
+21
+35
20
+31
+46
+149
+.03
+.06
.04
+.06
+.07
+.15
+.07
.11
+25
+126
+60
166
+105
+299
+226
184
270
+157
160
140
173
+.02
+.11
+.06
.15
+.08
+.17
+.09
.07
.09
+.05
.04
.03
.04
NATIONAL BANKS
1934
1935
1936
1937
1938
1939
1940
1941
1942
1943
1944
1945
1946
1947
1948
1949
1950
1951
1952
1953
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
226,337
245,151
100,151
_...
Average for 1934-53
1,312
572
406
176
215
167
178
122
112
133
110
66
62
133
1264
1261
1166
1298
1279
266
416
256
112
108
59
+97
164
168
+14
107
177
.60
.21
.10
.11
+.01
.05
.08
+1
.12
145
NONNATIONAL BANKS
1934
1935
1936
_
1937
1938
_
1939
1940
1941 .
1942
1943
1944
1945
1946
1947-T__
1948...-_
1949
1950
1951..
1952
1953
Average for 1934-53
.
. .
—.
_-
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
193,723
201,710
93,766
1 Excludes transfers to valuation reserves.
303318—54
10
1,535
570
540
171
106
201
98
90
193
210
113
104
490
129
122
170
1131
1313
1216
U77
1114
1291
294
190
248
147
78
74
134
204
184
293
188
272
299
2 111
l^ 211
2 359
2 124
2 151
2 117
179
1,429
380
292
24
3.33
.81
.56
.04
103
.19
+91
+80
+.15
+.14
+59
+150
+129
+.10
+.19
+.12
+143
+37
+.09
.03
+.02
115
.12
12
119
76
197
20
102
53
174
2 Excludes transfers from valuation reserves.
.02
.17
.10
.36
.02
.07
.09
142
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 35.—Total securities of banks in the District of Columbia, losses and
recoveries on securitiest and ratio of net losses or recoveries to securities^ by calendar
years 1984-58
ALL BANKS
[In thousands of dollars]
Total securities end of
year
Year
109,832
122,028
134,533
135,867
138,533
134,137
136,389
158,518
1934.
1935.
1936.
1937.
1938.
1939.
1940.
1941.
1942.
1943.
1944.
19451946.
1947.
1948.
1949.
1950.
1951.
1952.
1953.
433,694
549,977
719.103
621,710
547.104
509,515
534.759
575,500
601, 232
570,881
548,393
379,431
Average for 1934-53.
Losses and
charge-offs
Recoveries
930
496
845
811
892
1,045
732
827
466
770
639
299
205
347
2 201
M26
3 169
2 757
2 711
2 634
595
11,221
11,374
538
297
426
493
351
359
262
590
459
278
125
83
3 88
32
32
38
3 71
351
Ratio of losses
Net losses or (or recoveries
recoveries (+) + ) to securities
+291
+878
307
514
466
552
381
468
204
180
180
21
80
264
113
124
167
757
703
563
Percent
244
+.26
+.72
.23
.38
.34
.41
.28
.30
.07
.04
.03
.002
.01
.05
.02
.02
.03
.13
.12
.10
.06
NATIONAL BANKS
1934
1935
1936
1937
1938
1939
1940
1941
1942
1943
1944
1945
1946
1947 .
1948
1949
I960
.
1951
1952
1953
Average for 1934-53
- -
-
--
67,263
73,276
77,706
83,437
81,286
81,270
81,589
94,880
203,593
276,495
341,778
440,209
372,566
327, 705
308,248
345,537
379,010
388,279
361,695
351,994
236,891
639
342
609
507
562
883
533
617
271
641
231
182
97
166
2 44
2 24
2 100
2 540
2 432
2 265
384
1720
1821
398
211
334
394
285
242
199
469
250
173
76
16
3 80
31
3
7
3 67
237
+81
+479
211
296
228
489
248
375
72
172
+19
9
21
150
+.12
+.65
.27
.35
.28
.60
.30
.40
.04
.06
+.01
.002
.01
.05
+36
+.01
+210
+399
96
218
238
63
133
93
132
8
199
12
59
114
149
101
67
217
278
365
97
+.49
23
100
540
425
198
147
.01
.03
.14
.12
.06
.06
NONNATIONAL BANKS
1934
1935
1936
1937
1938
1939
1940
1941
1942
1943
1944
1945
1946
1947
1948
1949
1950
1951
1952
1953
--.
.
__
_
Average for 1934-53
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
209,186
196,399
142,540
i Includes profits on securities sold.
* Excludes transfers from valuation reserves.
291
154
236
304
330
162
199
210
195
129
408
117
108
181
2 157
2 102
2 69
2 217
2 279
2 369
211
1501
1553
140
86
92
99
66
117
63
121
209
105
49
67
88
31
32
31
»4
114
a Excludes transfers to valuation reserves.
17
.42
.42
.12
.24
.15
.13
.01
.10
.004
.02
.05
.07
.05
.03
.10
.13
.19
.07
REPORT OF THE COMPTROLLER OF THE CURRENCY
143
TABLE N O . 36.—Summary of assets and liabilities Dec. 31, 1953, and receipts and
disbursements in year ended Dec. 31, 1953, of Ihe 16 credit unions in the District
of Columbia, chartered under the District of Columbia Code
Amount
ASSETS
Loans
Building association investments
U. S. Government securities
Other bonds and securities
Deposits in banks
Cash on hand
Furniture and fixtures
Other assets
Total assets
Amount
LIABILITIES
$2,287,044
473,694
296,143
13,365
395,409
75,048
14,104
2,047
3,556,854
Shares paid in
Surplus fund
_
_
Net undivided profits
Reserve fund for bad debts
Bills payable
Other liabilities
___
_
$3,155,156
40,065
143,177
199,356
4,280
14,820
3,556,854
Total liabilities
R E C E I P T S AND D I S B U R S E M E N T S IN YEAR E N D E D D E C . 31, 1953
Receipts
Amount
CAPITAL RECEIPTS
Loans repaid..
_.
Payments on shares
Building association shares redeemed.
U. S. Government securities sold
Other bonds and securities sold__
Bills payable
Fees
FinesRecoveries on loans to reserve fund....
Depreciation on furniture and fixtures
Other receipts
Disbursements
Amount
CAPITAL DISBURSEMENTS
$3,247,364
1,241,497
41,858
28,097
6,417
1,211,379
784
835
22,115
1,382
12,990
Loans made
Shares withdrawn
Building association shares purchased.
U. S. Government securities purchased
Bills payable
Loans charged against reserve fund
Other disbursements_
5,814,718
Salaries
General expenses
Interest on borrowed money
Dividends
Depreciation on furniture and fixtures
$3,192,097
1,237,269
104,590
31,845
1,210,126
51,222
12,249
Total capital disbursements
EXPENSES
Total capital receipts..
EARNINGS
Interest on loans
Building association dividends.
Other income
Total earningsTransferred 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.
219,404
11,856
9,640
240,900
—
30,375
3,206
148,457
Total expenses
Grand total
1,548,324
NOTE.—Number of borrowing members, 7,726; nonborrowing, 8,997.
204,888
Transferred to reserve fund for bad
debts
Transferred to surplus
Cash on hand at end of period
Deposits in banks at end of period
310,668
75,817
27,991
899
98,799
1,382
_.
30,375
3,206
75,048
395,409
6,548,324
TABLE NO. 37.—Assets and liabilities of all active banks in the United States and possessions, by classes, Dec. 81, 1953
[In thousands of dollars]
Total all
banks
Number of banks
14,538
National
banks
4,864
Banks other than national
All banks
other than
national State com- Mutual
Private
mercial i
savings
9,674
9,066
80
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.
Keal estate loans:
Secured by farmland (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
Net loans
_
_
Securities:
U. S. Government obligations, direct and guaranteed
Obligations of States and political subdivisions
-~
Other bonds, notes, and debentures
C orporate stocks, including stocks of Federal Reserve banks
Total securities
Currency and coin
Balances with other banks, including reserve balances and cash items in process of collection
Bank premises owned, furniture and
fixtures.
_
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises or other real estate
Customers' liability on acceptances outstanding..
Other assets
1,134,657
24,258,771
4,399,715
14,633,219
162,222
1,526,450
16,468,455 10,899,634 10,826,648
1,168,130
1,037, 599 1,036,531
1,334, 712 1,448,803 1,441,842
1,307,832
1,044,326
1,317,208
614,439
614,114
409,324
725,333
6,931,871 17,326,900
1,445,491 2,954,224
6,509,239
8,123,980
89,691
72, 531
885,468
640,982
31,913
"1,687
4,813
671,175
5,987,152
1,396,632
6,386,167
89,682
624,990
53,015
11,334,143
1,556,331
112,899
41,073
1,068
5,274
9,376
10,417
_
9,292
1,143
5,605
1,261
10,173
9
6,700
82,062,454
1,142,299
__
Less valuation reserves
Total assets
27,368,089
2,205,729
2,783,515
2,361,534
1,228,553
38,498,727
554,581
43,563,727
587,718
30,367,535
408,579
13,104,093
178,856
92,099
283
80,920,155
37,944,146
42,976,009
29,958,956
12,925,237
91,816
72,872,466
11,283,010
6,322,351
847,283
35,588,763 37,283,703
6,330,265 4,952,745
2,086, 723 4,235,628
204,482
642,801
28,000,968
4,485,966
1,371,410
9,183,940
407,432
2,862,212
431,387
98,795
59,347
2,006
7,811
91,325,110
44,210,233
47,114,877
34,061,947
12,884,971
167,959
2,690,476
43,301,133
1,556,540
47,972
95,328
392,298
803,791
1,292,254
25,253,264
807,527
30,811
51,650
191,856
334,958
1,398,222
18,047,869
749,013
17,161
43,678
200,442
1,267,729
17,103,094
602,672
14,142
43,678
185,781
277,508
126,469
856,330
145,138
2,668
4,024
88,445
1,203
189,151
14,661
2,174
221,132,803 110,116,699 111,016,104
83,515,507
27,129,964
370,633
351
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
43,552,793
1,665,167
3,965,431
4,480,637
590,931
1,313,773
22,059
3,104
4,339
50
76,189,784
55,895,224
55, 568,732
37,792
22,863,011
267,325
13,442
1,144,962
23,876
444,833
43,482,708
55,369
17,411
879,380
152,360
548,612
19,113,003
55,339
17,411
865,750
149,861
547,262
24,344,599
30
69,893,289
Time deposits:
Individuals, partnerships, and corporations
U. S. Government
Postal savings
States and political subdivisions
Banks in the United States
Banks in foreign countries
43,803,236
1,668,656
3,976,065
4,496,237
620, 528
1,330,502
66,345,719
322,694
30,853
2,024,342
176,236
993,445
Total demand deposits
56,614,391
2,549,902
5,648,672
8,961,123
726,110
1,689,586
132,085,008
_.
100,417,627
4,218,558
9,624,737
13,457,360
1,346,638
3,020,088
24,757,449
8,240
13,007
2,454
228,384
385
6,295
15,550
29,597
8,489
25,106
45
1,350
_
Bills payable, rediscounts, and other liabilities for borrowed money
Acceptances executed by or for account of reporting banks and outstanding
Other liabilities
45,135,840
20,748,626
24,360,090
27,124
201,978,297 100,947,233 101,031,064
76,317,358
24,397,882
315,824
51,952
214,810
918,430
46,335
198,741
742,769
50
" 172," 953"
5,567
16,069
2,708
204,923,439 102,707,183 102,216,256
Total deposits
77,305,203
24,570,885
340,168
43,335
25,332
1,797,767
2,877,053
1,258,981
207,836
1,774,416
670,282
114,381
5,516
18,986
901
5,062
418, 720
2,459,619
14,851
203,910
1, 541,189
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 $3,900,000.
o
F
43,335
30, 543
4,099,829
8,193,898
3,240,925
600,834
5,211
2,296, 546
3, 523,443
1,310, 761
273, 555
43,335
25,332
1,803,283
4,670,455
1,930,164
327,279
16,209,364
7,409, 516
8,799,848
6,210,304
2, 559,079
30,465
3
221,132,803 110,116,699 111, 016,104
83, 515, 507
27,129,964
370,633
fe)
TABLE NO. 38.—Assets and liabilities of all active banks in the United States and possessions, Dec. 31, 1953 {includes national, State commercial,
savings, and private banks)
ASSETS
[In thousands of dollars]
Location
Population Num- Loans and
ber discounts,
(approxiof
including
mate)
banks overdrafts
95
324,012
Maine
895,000
109
309,739
529,000
New Hampshire
74
223,037
377,000
Vermont
367 3, 949,901
5,000,000
Massachusetts
484,806
847,000
20
Rhode Island
181 1,393,757
2,252,000
Connecticut—
Total New England
9,900,000
846 6,685,252
States
New York
24,057,806
New Jersey..
5,284,000
2,330,611
Pennsylvania
10,834,000
5,042,912
Delaware
360,000
257,854
Maryland
2,612,000
786,109
873,000
446,861
District of Columbia
Total Eastern States- 35,432,000 2,174 32,922,153
948,454
3,617,000
316
Virginia.
_
351,344
1,923,000
182
West Virginia.
834,561
4,291,000
226
North Carolina
257,714
150
South Carolina
_. 2,227,000
866,500
3,624,000
392
Georgia
733,733
3,379,000
217
Florida-..
504,921
3,103,000
231
Alabama
_
310, 929
2,166,000
200
Mississippi—
649,323
2,873,000
171
Louisiana
8,581,000
917 3,288,967
Texas
313,169
1,863,000
230
Arkansas
685,218
378
Kentucky
__ 2,969,000
979,049
3,319,000
Tennessee
Total.Southern!States- 43,935,000 3,908 10,723,882
U. S. Government
obligations,
direct and
guaranteed
330,385
256,189
112,402
3,333,396
459,885
1,514,679
Corporate
Obligastocks,
tions of
Other includStates
ing
and ponotes,
litical
and de- stocks
Fedsubdivi- bentures oferal
sions
Reserve
banks
27,418
17,579
17,868
217,660
34,951
178,686
62,294
29,543
9,924
411,667
56,507
244,036
14,739
29,846
1,906
189, 282
20, 390
68,161
6,006,936 494,162 812,971 324,324
15,787,463 2,238,584 2,021,228 244,679
2,427,051
525,510
19,955
4, 590,920 841,316 1,002,700 59,541
65,448 9,149
235,079
24,464
1,045,771
108,191 103,452 5,177
27,689
2,081
497,801
24,584,085 3,765, 754 3, 523,516 340, 582
865,703 118,077
38,202 3,731
479,331
11,367 2,553
55,320
710,525 175,719
95,715 3,035
318,813
20, 556
936
54,765
648,794 108,443
21,902 3,090
16,869 3,323
1,138,793 162,684
17,358 2,110
523,932 145,122
866
291,842 137,897
4,194
829,327 176,646
10,276 3,239
78,661 14,193
2, 545,223 406,666
314,469
8,426 1,017
82,280
705,367
25,539 2.385
57,054
746,665 138,122
16,067 £411
10,118,784 1,818,795 365,132 44,889
Investments
and
Balances
other
Real assets
with other
estate indibanks, in- Bank
Currency cluding premises owned rectly
reserve
owned, other repreand
balances furniture than senting
coin
bank
and cash
and
bank
items in fixtures prem- premprocess of
ises or
collection
other
real
estate
16,491
106,352
8,734
72, 525
6,109
46,999
94, 548 1,144,413
20,155
137,850
57,671
468, 793
203, 708
335,386
108,295
212,832
9,034
40,966
22,150
728,663
54,810
28,181
26,060
42,562
58,475
33, 523
27,428
45,058
132,902
19,489
41,346
51,247
627,677
6,778
5,150
3,534
64,163
14,063
32,472
471
513
303
967
42
974
608
46
197
1,484
325
75
Customers'
liability on
accept- Other
ances
outstanding
1,326
414
521
1
22,991
25, 555
2,685
18,609
1,976,932 126,160 3,270 2,735 26,562
10, 023, 532 333,490 1,221
6,478
303
957,980
69,950
634
466
2, 597,953 127,840 4,764 10, 527 2,516
5
100,797
6,063
338
1,036
112
428, 534
20,412
205
440
323,677
19,424
357
1,150
14,432,473 577,179 7,519 20,097 271,644
702
605 2,495
543,850
26,644
141
617
3
231,353
9,216
585
156
513,064
52
20,898
28
221,453
1
60
6,992
175
576,361
73
24,211
590
172
678,857
31,718 1,105
19
571
373,486
11,295
804
852
2
240, 568
212
8,732
10
645,634
235
15,950
833
5,088
3,009,231
97,181 21,630 6,677 24,488
276,134
5,455
36
75
492,712
12,077
204
208
75
656,028
8,222
25,656
765
8,458,731
296,025 26,972 12,009 39,585
,546
304,064
21,325
43,352
2,418
30,047
3,346
404, 552
6,039
2,065
9,282
1,517
5,405
7,420
3,448
939
7,939
14,929
1,381
3,029
4,616
67,009
Total
890,874
730,278
422,801
9,456,027
1,231,658
3,977,920
16,709,558
55,622,639
6,771,946
14,537,173
711,685
2,569,416
1,365,358
81,578,217
2,608,312
1,171,491
2,430,188
908,895
2,298,106
2,833,168
1,617,422
1,023,619
2,389,548
9,640,748
1,021,931
2,025,214
2,630,848
32,599,490
8,668,000
Ohio
4,244,000
Indiana
9,228,000
Illinois
6,995,000
Michigan
3, 598,000
Wisconsin
3,097,000
Minnesota
2, 599,000
Iowa
4,137,000
Missouri
Total Middle West42, 566,000
ern States
North Dakota
601,000
645,000
South Dakota
1,374,000
Nebraska
2,041,000
Kansas
635,000
Montana ^ „
326,000
Wyoming
1,483,000
Colorado _
_
772,000
New Mexico
2, 237,000
Oklahoma
Total Western States- 10,114,000
Washington
2, 573,000
1,608,000
Oregon
12,486,000
California
606,000
Idaho
764, 000
Utah
209,000
Nevada
931,000
Arizona
Total Pacific States.. 19,227,000
Total United States
(exclusive of possessions)
161,174,000
Alaska
145,000
Canal Zone (Panama)
42,000
Guam
50,000
The Territory of Hawaii...
470,000
Puerto Rico
2,225,000
American Samoa.
20,000
Virgin Islands of the
United States
25,000
Total possessions
2,977,000
Total United States
164,151,000
and possessions
575,116
183,090
891,105
553,819
189,629
222,139
198,982
238,070
178,597
58,622
357,166
69, 582
82,411
120,072
33,404
85,165
13,347
4,114
25, 510
8,762
3,526
3,887
2,020
20,317
163,849
82,128
146,333
120,789
58,613
41,771
44,674
61,176
1,983,697
870,304
3,461,876
1,386,309
714,427
770,778
579,429
1,406,230
68,065
26,055
51, 521
53,054
23,201
17,047
12,166
30,391
130
253
719
622
267
597
57
1,776
11, 588
673
6,760
644
1,128
4,050
2,585
796
100
146
5,110
138
237
1,072
146
2,324
28,020
7,548
43,125
20,546
7,949
9,209
2,807
11, 980
10,214,975
4, 247,884
15,910,328
7, 515,122
3,819,638
3,832,785
2,853,379
5,537,192
4,956 16,801,629 20,664,237 3,051,950
719,333 11,173,050
28,224
9,273 131,184
53,931,303
653,321
605,873
1,671, 579
2,110, 525
701,126
340,612
1, 539,924
491,234
2, 220,311
647
482
900
431
558
678
662
598
3,810,420
1,856,354
6,340,488
3,038,363
1, 549,082
1,261,641
1,012,778
1,795, 111
985,019
81,483
281,500
4,421
153
169
419
606
109
53
162
52
384
206,821
216,056
493,602
646,467
204,192
95,320
505,612
144,817
682,267
290,741
234,476
622,494
717,293
279,580
135,275
574, 724
174,551
663,680
40,340
24,617
99,478
176,848
29,831
13,699
43,082
12, 502
154,200
14,096
6,658
23,062
28,720
15, 736
4,127
13,635
754
32, 775
363
485
1,726
1,725
651
352
1,817
470
2,569
7,387
7,667
15,955
26,057
9,985
5,012
19,171
10,837
28,245
89,963
111, 213
404,872
501,127
155,624
84,429
371,128
141,457
634,131
2,320
3,539
7,852
9,230
4,001
2,021
5,990
4,848
15, 504
162
4
37
191
19
37
51
233
187
2
305
175
1,973
1,138
1,128
1,158
2,501
2,707
1,506
338
4,205
590
3,642
2,107
3,195,154
3,692,814
594, 597
139,563
10,158
130,316
2,493,944
55,305
921
2,615
1,343
17, 775
10,334, 505
116
68
206
38
54
8
14
1,091,013
689,127
7, 553, 903
218,009
289,245
95,658
253,076
187,489
770,260
138,625
559,070
5,418,955 1,077,763
198,056
17,542
264,568
34,702
101,858
7,945
229,891
39,483
62,481
12,044
367,688
1,775
3,261
6,181
14,960
3,028
2,308
36,881
555
785
244
875
32,005
17,964
141,183
7,868
8,678
6,501
14,433
482, 533
344,599
3,387,102
94, 381
168,124
40,998
120, 027
25,151
18,610
141,188
4,486
5,657
2,812
9,119
492
304
1,957
133
28
41
1,022
950
14
26,580
10
1,000
212
660
41, 693
6,773
6,456
69,128
259
461
1,050
4,078
2, 662,387
1, 789,781
18, 264,021
543,074
776, 509
263, 288
687,647
504 10,190,031
7, 542,658 1, 503, 549
468,390
44,676
228,632
4, 637, 764
207,023
3,977
29, 237
42, 565
88, 205
24,986, 707
14,495 80, 518,101 72,609, 514 11, 228,807 6,294, 591 846,112 2,638,329 43,172,894 1, 543,192
47,080
19
0)
\
(
11
1
37,548
1,563
4,183
184,418
172,172
47
61, 981
1,735
134,357
60,449
916
5,646
19, 330
28,685
8,782
11,685
7,287
1,171
6,882
3,265
991
19,728
20,681
69
25,147
1,368
75
66,402
33,896
357
1,794
35
45
6,153
6,281
3
86~
160
1
204
683
94,917 390,972 755, 271 220,139,780
15
58
344
404
347
49
19
1,307
411
1,326
531
994
37
52,147
128,239
13,348
892
14,538 80,920,155 72,872,466 11, 283,010 6,322,351 847,283 2,690,476 43,301,133 1, 556, 540
47,972
3
2,123
3,514
542
6
43
402,054
262,952
54, 203
27,760
i 4 branches of 2 American national banks,
a Branch of an American national bank.
3,382,046
1,158,597
4,580,615
2,262,494
1,189,168
1,380, 522
964,331
1,883,856
1,171
232
13,852
17,677
1,693
14, 946
7
148,113
21,818
23,029
445,647
345,157
1,399
113
7,860
48,520
993,023
95,328 392,298 803,791 221,132,803
TABLE N O , 38.—Assets and liabilities of all active banks in the United States and possessions, Dec. 31, 1953 (includes national, State commercial,
savings, and private banks)—Continued
LIABILITIES
[In thousands of dollars]
Demand
deposits
Location
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
-
--
-
-
Total New England States
495,385
453,738
264,366
4,555,070
624,414
2,081,611
Total
deposits
793,427
644,657
379,458
8,416,832
1,118,203
3,606,672
705
375
390
2,000
28,406
665
Capital
stock i
5,459
3,669
2,605
91,818
13,251
29,992
17,589
7,953
10,725
121,488
16,180
51,279
Surplus
Reserves and
retirement
account for
Undivided
preferred
profits
stock and
capital
notes and
debentures
40,997
41,560
12,972
483,574
67,871
185,678
30,021
27,802
10,661
285,696
14,789
93,927
3
2,676
4,262
26,213
365
9,700
i
—
_
___
Total Southern States
8,474,584
14,959,249
4,135
29,413
146,794
225,214
832,652
462,896
49,205
O
20,217,404
3,030,088
4,720,514
200,366
915,078
260,310
49,594,140
6,250,427
13,057,986
631,108
2,354,299
1,266,757
33,331
1,650
2,105
286,554
303
2,837
5
112
986,221
52,732
110,824
6,276
17,907
10,549
964,821
124,505
339,253
13,109
39,925
23,000
2,722,655
253,052
802,460
50,559
95,295
46,350
71,371
192,050
9,988
51,627
15,029
135,612
17,906
29,658
640
9,621
3,273
§
43,810,957
Total Eastern States
6,484,665
29,376,736
3,220,339
8,337,472
430,742
1,439,221
1,006,447
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
~ lessee
298,042
190,919
115,092
3,861,762
493,789
1,525,061
Time
deposits
Bills pay- Acceptances
able, re=
executed
discounts, by or for
and other account of
Other
liabilities reporting liabilities
banks and
for
borrowed
outmoney
standing
29,343,760
73,154,717
38,116
289,811
1,184,509
1,504,613
3,970,371
1,239,370
196,710
1,591,309
767,242
1,706,092
731,676
1,724,831
2,123,714
1,176,077
809,549
1,899,447
7,921,613
811,905
1,576,722
1,837,033
798,760
296,483
509,870
113,401
384,704
517,787
315,213
143,553
339,764
1,051,413
132,733
286,407
591,451
2,390,069
1,063,725
2,215,962
845,077
2,109,535
2,641,501
1,491,290
953,102
2,239,211
8,973,026
944,638
1,863,129
2,428,484
4,300
1,000
820
1,000
383
300
320
456
702
3
52
1
73
19
1,017
10
6,549
24,491
22,324
6,470
45,550
6,006
25,712
20,975
12,114
3,695
13,462
91,013
49,471
96,981
25,905
66,432
500
300
77
8,222
3,570
13,742
22,342
57,478
27,710
35,337
19,183
49,409
62,132
34,270
18,804
39,654
222,709
22,030
41,107
53,689
48,934
44,651
65,494
245,156
28,171
74,359
79,264
18,428
26,298
9,424
27,471
22,487
24,655
1,832
22,817
99,851
20,144
27,675
33,128
8,461
4,684
9,188
2,299
19,091
10,415
4,822
1,069
2,361
27,022
3,378
4,625
5,419
24,677,210
5,481,539
30,158,749
9,379
41,216
244,455
683,512
991,170
368,175
102,834
630
400
Ohio
Indiana,
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri
88,341
28,491
117,790
75,102
13,937
34,087
6,185
40,247
196,941
68,213
331,895
131,657
71,739
62,889
53,479
122,846
320,171
111,399
417,124
190,129
106,934
127,923
79,572
134,882
116,625
60,041
153,696
80,539
52,884
44,781
57,472
90,346
8,685
9,814
90,027
18,178
7,477
20,429
9,888
10,664
50,153,895
4,400
9,489
404,180
1,039,659
1,488,134
656,384
175,162
607,393
563,803
1,555,386
1,966,030
663,040
319, 111
1,431,038
463,323
2,051,419
386
940
674
850
1
855
204
1,362
1,138
2,875
3,266
5,464
6,375
4,467
1,484
11,369
2,031
11,919
11,893
10, 768
36,468
40,372
11,240
4,238
29,260
9,885
44,285
15,469
14,404
41,368
54,352
13,515
9,278
38,901
9,007
56, 755
9,965
11,359
25,030
38,977
7,246
5,440
22,980
1,877
47,732
5,340
2,273
6,923
3,745
767
1,061
5,317
5,111
5,701
1, 592,157
9,620, 543
5,067
1,343
49, 250
198,409
253,049
170,606
36,238
1, 587,199
1,069,037
9,529,175
360,265
483,059
165,913
490,369
877,449
579,070
7,293,010
151,895
240,011
79,805
146,110
2,464,648
1,648,107
16,822,185
512,160
723,070
245, 718
636,479
400
212
660
45,245
24,082
22,006
343,108
2,962
7,375
3,815
10,357
44,465
37,940
347,537
10,693
14,923
4,401
14,085
75,342
47, 705
452,856
11, 738
18,451
4,760
21,008
40,316
32,816
235,530
4,990
11,354
4,519
5,065
12,922
547
17,455
531
1,336
75
653
13,685,017
9,367,350
23,052,367
505
46,117
413, 705
474,044
631,860
334, 590
33,519
131, 575,813
69,523,707
201,099, 520
61,602
417,389
2,442,893
4,125,451
8,167,236
3,232,021
593,668
93,409
19,629
12,053
216,655
162,934
794
3,721
.
__
._
.
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
46,973
2,186
10,721
189,396
116,610
441
3,255
140,382
21,815
22, 774
406,051
279,544
1,235
6,976
2,485
2,551
1,727
639
106
5,095
19
1,312
329
3
255
2,822
13,233
14,451
9,395
65
200
5,529
1,437
46
165
4,942
1,547
3
84
11,727
33, 594
50
400
Total possessions
_
509,195
369,582
878,777
5,201
1,331
16, 726
48,256
26,662
8,904
7,166
Total United States and possessions
132,085,008
69,893, 289
201,978,297
66,803
418,720
2,459,619
4,173, 707
8,193,898
3, 240,925
600,834
15,264,317
182,310
128,604
164,901
260,234
120,944
69,733
344,938
78,369
242,124
8,028,386
.
9,483,162
3,968,780
14, 794,061
7,019,379
3, 566,430
3,541,204
2,646,037
5,134,842
425,083
435,199
1,390,485
1,705,796
542,096
249,378
1,086,100
384,954
1,809,295
...
3,376,110
1,142,078
3,837,195
2,757,676
1,408,619
1,215,477
664, 705
862,457
34,889,578
_ __
Total Middle Western States
North Dakota
South Dakota
Nebraska
Kansas..
Montana
Wyoming
Colorado"
New Mexico
Oklahoma
400
600
1,000
100
146
5,285
138
237
1,072
146
2,365
6,107,052
2,826,702
10,956,866
4,261,703
2,157,811
2,325,727
1,981,332
4,272,385
_
950
1,000
450
35
1
o
o
&
§
i Includes capital notes and debentures. (See classification on pp. 152 and 153.)
CO
TABLE N O . 38.—Assets and liabilities of all active banks in the United States and possessions, Dec. 31, 1953 {includes national, State commercial,
savings, and private banks)—Continued
[In thousands of dollars]
Loans and discounts
Location
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total New England
States
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
Total Eastern States
Virginia.
West Virginia.
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
—
Louisiana
Texas
Arkansas
Kentucky
_
--.
Tennessee
_.
Total Southern
Commercial and
industrial
loans (including
openmarket
paper)
Other
loans for
Loans to
the purfarmers
pose of
directly
Loans to purchasguaranOther
ing or
teed by loans to brokers
and
the Com- fanners dealers in carrying
modity
securities stocks,
bonds,
Credit
and
Corporaother
tion
securities
76,334
40,774
21,590
1,017,788
122,484
237,960
1,178
586
470
2,329
68
2,633
1,516,930
9,294,235
443,081
1,983, 794
76,128
160,032
149, 511
12,106, 781
244,296
60,712
326,042
76, 749
332,524
280, 572
159,498
90, 541
301,768
1,
7,264
145,197
10,919
16,611
2,021
2,741
179, 527
9,226
2,420
11,967
25,030
43,904
1,810
39,693
30,068
257,945
70,930
205,630
387,799
61,733
4,052,499
619,218
11,651
2,918
12,024
5,506
1,386
7,534
192
20
24, 524
1,751
4,574
2,244
1,299
2,946
26,326
3,316
10,143
Real-estate loans
Secured Secured
by farm
by resiSecured
land (in- dential by other
cluding properties properimprove(other
ties
ments) than farm)
6,718
136, 551
3,978
181,233
16,342
115,587
9,540 2,017,222
2,314
241,405
8,500
819,292
31,061
41,019
76, 510 1,736,278
13,976
12,327
59,146
59,385
3,557
3,155
12,484
10,434
97
7,265
164.360 1,830,254
37,141
4,765
6,739
154
25,963
4,409
9,148
479
31,863
5,783
20,727
1,731
30,235
2,431
22,744
1,194
24,545
5,115
238,071
12,541
33,602
1,527
54,951
1,426
44,638
2,647
46,274
392,907
24,637
72,192
2,074
62, 540
2,586
556,936
8,398
6,860
20,778
4,447
14,769
26,229
4,677
6,657
4,794
103,831
1,664
10,720
47,392
44,226
10,024
59, 571
8,701
21,375
196
144,093
32,663
10,338
30,436
7,589
26,168
11,471
16,930
17,473
16,155
32,054
13, 576
52,354
34,679
580,367
234,416
301,886
44,202
Loans
to
banks
61,311
36,167
34,726
476,012
71,326
222,843
264
29
10
11,299
902,385
3, 511,290 566,929
8,603, 788 1,376,817 2,247,737
539,693
1,126,110
155,355
1,368, 729 288,979 1,134,618
57,561
13,124
90,226
179,060
62,279
264,284
136,669
31,844
103,853
11,556,990 1,928,398 4,295,338
316,327
216,859
56,692
120,318
112,305
293, 504
78,217
47,240
81,941
31,426
15,961
254, 785
105,476
36,329
242,019
86,466
48, 928
162,226
18,513
67,504
16,309
27,733
149,839
39,022
61,390
833,601
161,429 100,772
76,846
29,202
197,471
109,980
37,056
296,800
84,885
35,829
12,017
117,101
1,171,751
27,063
40,496
18,203
356,982
42,043
82,142
Other
loans to
individuals
496,433
3,093,181
415
1,767
130
118,998
4,930
50
876
815
240
285
15
480
628
570
500
9,389
AU other
loans (including
overdrafts)
Total
gross
loans
3,768
3,143
3,164
48,780
5,463
12,890
491, 556
1,408,926
77,208
435,358
30,281
88,872
2,280
19,485
15,144
591,420
26,356
5,711
8,778
7,796
22,682
20,123
13,197
6,971
23,761
61,885
3,331
17,539
22,663
6,759,769
24,470,154
2,366,403
5,133,664
258,844
794,124
449,906
33,473,095
957,653
355,693
848,210
260, 566
875,098
740,316
514,068
315,767
656,937
3,318,445
315,054
693,563
992,765
327,274
310,643
225,062
240,793 10,844,135
Less
valuation
Net
loans
3,262
324,012
904
309,739
223,037
2,025
46,407 3,949, 901
6,750
484,806
15,169 1,393,757
74, 517
412,348
35, 792
90, 752
990
8,015
3,045
550,942
9,199
4,349
13,649
2,852
8,598
9,147
4,838
7,614
29,478
1,885
8,345
13,716
6,685,252
24,057,806
2,330,611
5,042,912
257,854
786,109
446,861
1,922,153
948,454
351,344
834, 561
257, 714
866,500
733, 733
504.921
310,929
649,323
3,288,967
313,169
685,218
979,049
120,253 10,723,882
Cnr
O
947,728
272,568
2,287,281
573,211
383,321
343,835
168,022
638,170
65,137
34,683
239,081
16,737
14,534
89,924
147,981
78,245
74,915
73,326
168, 722
63,425
78, 580
132,825
214,096
116,860
73,685
3,658
289,251
8,635
2,497
2,524
834
12,074
80,073
10,066
130,380
16, 583
28,961
14,207
5,718
24,923
5,614,136
686,322
922,749
393,158
310, 911
18,727
25,258
114,197
133,107
30, 956
19,067
137,950
41,746
272,043
77,759
56,727
104,861
130,180
43,409
6,308
36,518
11,094
72, 520
39,442
57,232
134,107
157,645
35,109
23, 772
97,299
23,577
78,636
793,051
539,376
342,802
207,891
2,407,222
38,313
79,051
11,471
66,145
75,784
20,914
38,134
28,491
7,401
2,233
284
Total Pacific States. 3,152,895
173,241
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
970, 730
365,787
633,971
736,205
345,421
380,289
174,911
409,245
173,754
63,040
120, 718
133,964
80,157
54,936
41,801
98,349
835,219
281,855
732,315
656,358
184,606
290,725
149,654
429,907
3
808
1
5,760
118,194
16, 574
118,987
40,447
30,039
31,657
12,993
45,409
443, 567 3,916, 559
8,333
414,300 17,037,393
88,961
52,273
42,813
42,092
62, 795
52,954
57,967
43, 712
766,719
3,560,639
746
1,145
495
5,152
2,875
921
1,061
3,730
1,423
3,252
5,783
4,452
9,796
20,059
2,645
1,876
5,849
2, 505
11,398
29,655
36,666
32,560
64,076
36,471
19,747
61,418
19,329
40,673
4,422
5,672
13,029
15,184
6,157
5,764
23,629
7,318
22, 505
30,969
31,309
71,863
116,966
49,351
17,957
127,852
38,998
167,467
646,819
5,809
20,054
64,363
340,595
103,680
652, 732
37,242
31,613
235,219
34,239
25,195
7,561
35,126
2,537
483
52,637
15
907
311
2,280
3,646
29,492
647
1,721
518
324
14,981
11,040
90,446
3,243
7,054
832
2,317
322,779
198,996
2,880,267
59,134
80,973
32,498
64,050
63,304
35,003
370,688
9,593
18,383
7,232
3,733
227, 551
180,058
1,437,360
43,755
66,703
33,132
81,398
406,195
56,890
38,628
129,913
3,638,697
507,936
2,069,957
6
380
2,489
2,188
Total United States
(exclusive of possessions)
_ 27,236,292 2,204,948 2, 761, 509 2,361,374 1,207,219 1,131,214 24,135,882 4,370,095 14,574,232
Alaska
Canal Zone (Panama)
Guam
The Territory of Hawaii...
Puerto Rico_American Samoa
Virgin Islands of the
United States
Total possessions
14,935
1,485
1,819
27,747
85,479
106
675
332
131,797
9
2
4,808
17,193
22,006
11, 712
6,039
668
88,645
21,037
76
17,084
6,222
5,571
77
1,613
19,342
31,860
47
21,095
230
907
2,321
166
827
199
160
21,334
3,443
122,889
29,620
58,987
Total United States
and possessions
27,368,089 2,205,729 2,783,515 2,361,534 1,228,553 1,134,657 24,258,771 4,399,715 14,633,219
3,429,231
1,173,830
4,664,445
2,287,657
1,210,914
1,394,684
973,978
1,902,654
47,185
15,233
83,830
25,163
21,746
14,162
9,647
18,798
3,382,046
1,158,597
4,580,615
2,262,494
1,189,168
1,380,522
964,331
1,883,856
235,764 16,801,629
2,537
1,247
1,887
14,023
7,057
2,141
360
12,634
1,208
15,562
209,149
219, 711
500,258
649,679
207,160
95,912
509,457
147,198
687,339
2,328
3,655
6,656
3,212
2,968
592
3,845
2,381
5,072
206,821
216,056
493,602
646,467
204,192
95,320
505,612
144,817
682,267
3,265
56,119
3,225,863
30,709
3,195,154
13,525
5,049
106,252
2,870
4,587
579
902
1,102.785
694,693
7,657,727
220,300
291,975
96,056
254, 590
11, 772 1,091,013
689,127
5,566
103,824 7,553,903
218,009
2,291
289,245
2,730
95,658
398
253,076
1,514
133,764 10,318,126
128,095 10,190,031
7
290
41
390
10,010
10,010
162,012 1,513,604 81,658,381 1,140,280 80,518,101
477
10
150
3
781
49
835
926
210
29
1
7
4,559
8,131
38,452
1,563
4,183
184,872
172,833
47
119
210
12,846
454
661
37,548
1,563
4,183
184,418
172,172
47
2,123
2,123
404,073
904
2,019
402,054
162,222 1,526,450 82,062,454 1,142,299 80,920,155
TABLE NO. 38.—Assets and liabilities of all active banks in the United States and possessions, Dec. 81, 1953 {includes national, State commercial,
savings, and private banks)—Continued
[In thousands of dollars]
Capital
Location
Capital
notes
Preand
ferred
deben- stock
tures
Common
stock
Individuals, partU.S.
nerships, Governand corment
porations
States
and
political
subdivisions
17,465
7,953
9,888
120,610
16,180
51,279
241,986
145,058
94,817
2,981,216
399,555
1,273,305
9,813
7,156
3,986
133,754
15,121
62,016
27,291
20,715
11,910
262,369
47,670
82,384
1,839
Maine
New Hampshire
Vermont
Massachusetts >
Rhode Island
Connecticut
223,375
5,135,937
231,846
452,339
6,734
8,945
410
919,695 21,581,909
113,362 2,583,879
338,843 6,869,598
378,954
13,109
39,402 1,133,866
876,623
23,000
986,106
123,148
284,676
19,726
51,852
32,055
892,565
338,818
356,963
18,480
131,889
152
124
837
878
Total New England
States
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia.
Demand deposits
38,392
2,198
523
Total Eastern States... 40,590
Virginia _ . .
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama __
Mississippi
Louisiana
Texas _ _
Arkansas
Kentucky
Tennessee
Total Southern States..
50
33
5
16,612 1,447,411 33,424,829 1,497,563 1,738,867
1,033
64
233
9
473
89
200
50
20
88
2,171
56,445
27,660
35,273
19,183
49,376
61,899
34,261
18,331
39, 565
222,504
22,030
41,057
53,669
1,185,119
563,738
1,238,048
553,817
1,238,479
1, 568,408
893,922
594,836
1,217,359
5,712,173
640,135
1,221,486
1,228,122
681,253 17,855,642
Banks
in
United
States
11,403
10,360
1,638
368,017
12,853
47,446
451,717
Banks Certified Individuand
als, partin
foreign cashiers' nerships,
checks, and corcountries
etc.i
porations
11
30,334
1,889
32,268
U. S.
Government
Postal
savings
491,148
453,058
262,500
4,534,655
623,074
2,077,982
382
290
175
7,450
743
1,738
7
15
3
1,631
173
55
180, 558 8,442,417
10,778
1,884
7,538
7,630
2,741
86,072
16,701
59,876
3,643,180 1,079,86t 1,193,115 18,932,100 62,230
96,398 2,983,650 6,016
77,449
647
700,693
17,518 108,024 4,609,652 4,453
9,200
370
4,382
190,232
14,316
105,947
898,901 10,890
1,351
21,101
17,575
68,331
225,285
8,185
4,599,982 1,107,562 1,442,154 27,839,820 101,534
121,016
99,939
127,209
110,301
180,585
268,477
151,326
127,147
344,585
595,528
84,049
106,517
179,202
204,245
46,165
266,374
25,992
224,983
216,798
86,903
68,991
271,634
1,298,841
69,530
190,663
369,596
564,600 2,495,881
3,340,715
42, 581
27,477
45,716
29,367
51,093
40,730
30,703
13,599
35,488
149,791
12,210
43,994
42,051
Time deposits
1,197
19
1,025
States Banks Banks
in
and
in
political United foreign
counsubdivisions States tries
3,848
375
1,649
4,899
424
1;245
591
12,440
39
35
665
6,400
253,124 141,594
40,135
287
102,756
956
9,764
4,943
325
828,356
846,281
2,241
410,722 143,162
717,440
292,879
407,474
101,200
372,740
467,630
308,948
141,752
331,136
847,229
131,044
276,277
568,258
23,709
1,585
5,665
8,272
5,510
9,773
4,472
1,759
3,501
20,162
260
5,701
4,019
2,372
536
6,962
12
1,632
3,076
43
428
1,187
483
20
236
54,254
1,207
88,620
1,332
4,239
35,343
916
42
3,647
177,483
846
4,342
17,360
970
276
1,149
2,585
583
965
834
48
373
38,086
29,923
28,657
12,399
29,619
25,239
12,817
4,976
22,634
152,865
5,981
14,014
17,689
25,473
394,899
4,964,007
94,388
16,987
389,631
15,511
262~
88
72
4,062
406
7,747
12,415
6,400
1,500
16,425
15
1,000
1,052
5,352
100
67
1,578
1,015
865
697
Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
_ .
Missouri
563
472
Total Middle Western
States
North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma
402,877
136,429
1,465,547
223,245
153,484
356,156
151,119
827,573
5,594
274
39,089
5,318
641
2,673
7,858 1,029,204 26,762,691 1,276,336 2, 571,933
195,711
67,491
330,380
128,930
69,316
62,789
52,618
121,969
4,944,526
2,157,899
8,387,643
3,373,919
1,754,242
1,641,106
1,532,789
2,970, 567
237,970
83,587
385,976
246,953
75,859
75,110
59,241
111, 640
4,331
_ _
47
_
47
__
10
Total Pacific States
Total United States
(exclusive of possessions)
13
406,813
7,135
8
15
461
51,465
9,083
146
1,179
539
611
23,407
193
8,951
764
699,835
563
88,900
1,475,572
19, 593
618
95,574
800
86,440
37,965
448,489
6,678
47,315
709
8,037
6,625
1,497
109,040
861,923
561,001
6,497,617
150,473
233,671
77,462
142,993
6,029
47
41,390
1,314
3,347
1,802
2,028
15
14
249
11
1,030
26
46
17,068
621,639
97
1,613
541
1,063
436
940
6,872
2,561
17,310
26,788
323,822
3,817
4,738
3,955
12,924
635,633
119, 724
393,354
8, 525,140
55,957
1,345
642,067
8,598
134,243
30,178 1,957,247 175,871
993,444
20
254
198,108
6,065,775
191,283
982,030
44,462
37,940
345,838
10,693
14,803
4,401
14,085
1,286,679
826,819
7, 599,274
271,665
346,964
127,755
379,979
50,185
23,023
283,830
7,243
9,312
3,614
10,371
139,960
152,945
764,720
70,862
74,729
29,880
76,497
387,578 1,309, 593
43,335
472,222 10,839,135
2
80
1
30, 543 4,051,573 100,084,009 4,149,206 9,550,643 13,444,312 1,343, 510 3,004,133 66,059,084 307,883
2,485
60,850
8,895
4,989
145,863
110,325
557
15,421
9,685
4,919
31,406
7,460
201
14,018
2,060
1,887
30,432
26,476
3,831
7,136
Alaska
Canal Zone (Panama)
Guam
The Territory of Hawaii
Puerto Rico
__
American Samoa
Virgin Islands of the United
States
11,727
33,594
50
400
2,139
260
1,281
48,256
333,618
69,352
74,094
13,048
998
3
1,577
516
34
1,060
51
255
3,546
11,021
2
20
15,955
286,635
43,335
28,818
2,186
6,521
174,532
71,078
441
13
9,000
125,243
350
27
6,676
2,200
509
650
610
38
2,000
13,745
44,482
192
3
1
14,811
675
67,095
365
1
30,853 2,024,342 176,236
993,445
30,543 4,099,829 100,417,627 4,218,558 9,624,737 13,457,360 1,346,638 3,020,088 66,345,719 322,694
i Includes dividend checks, letters of credit and travelers' checks sold for cash, and amounts due to reserve agents (transit account).
5,505
11,452
3,059
3,128
21
Total possessions
Total United States
and possessions
504,268 14,812,128
5
5,500
7
10
38
71
4
23
10
343
112
12,178
11,730
171,212
108,270
31,485
12,080
115,525
15,087
222,268
1,809
860
1,287
3,660
454
455
139
35
245
7,103
66,685
46,341
93,125
347,428
64, 759
42,100
62,347
87, 759
171,486
110
168,408
564
165,944
40,508
5,348
15,273
215
10, 553
685
1,035
49
3,999
65
1,394
2,699
4,462
5,205
7,664
9,339
38,507
33,984
9,932
3,456
26,937
18,779
42,685
1,699
920
2,422
1,278
66
1,268
324
204
621
25,633
334,907
363,912
1,076,932
1, 203,035
429,280
189,499
866,029
258,687
1,343,494
3
3,226
5,544
5,611
1,917
4,898
390
2,285
1,762
130,153
118,476
164,668
254,977
120,321
67, 705
318,809
73,371
227,092
57,920
11,893
10,721
36,448
40,337
11,225
4,095
29,260
9,849
44,280
20
35
15
143
3,202,691
1,132,261
3,655,202
2,714,731
1,396,650
1,199,351
661,966
849, 276
115,327
55,887
125,304
72,708
42, 518
32,135
29,831
30, 558
3,629
3,877
10,707
13,079
6,640
2,243
15,182
4,642
28,901
3,716,430
36
5
_
2,597
Total Western States._
Washington
Oregon
California -_
Idaho
Utah
Nevada
Arizona
400,758
392,626
553,307
339,560
131,067
218,547
208,352
327, 716
365
25
1,516
2,727
1,860
100
861
405
362
TABLE N O . 39.—Assets and liabilities of active national banks, Dec, SI, 1953
ASSETS
[In thousands of dollars]
ObligaU.S.
tions of
Num- Loans and GovernStates
ment
ber of discounts, secutities,
and
including
banks overdrafts direct and political
subdiguaranteed
visions
Location
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
32
51
37
114
5
44
_
Total New England
States
_.
New York
New Jersey
Pennsylvania
Delaware
Maryland
_._.
_.
District of Columbia
Total Eastern StatesVirginia...
_.
West Virginia
North Carolina
South Carolina
Georgia
Florida...
Alabama...
Mississippi
_
_.
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Total Southern States.
85,026
106,582
72,331
90,105
53,889
64,408
1,347,484 1,092 694
65,872
82, 774
371,242
326,861
10,892
11,484
8,375
130,765
8,550
1,741,054
Balances
with other
banks,
Other Corporate
stocks,
including
bonds, including
notes, stocks of Currency reserve
balances
and
Federal and coin and cash
deben- Reserve
items in
tures
process of
collection
10,518
4,883
4,960
67,709
1,628
18,743
Investments
Real and other CustomBank
estate
ers'
premises owned
assets
liability
owned,
other indirectly on acceptfurniture
than represent- ances
and
ing bank
bank
fixtures premises premises outstanding
or other
real estate
218,698
2,069
2,374
1,794
29,085
3,462
10,459
114
58
174
15
177
564
601
492
365
7,186
365
1,603
5,667
5,957
3,029
44,361
3,779
22,477
49,518
53,677
28,576
784,759
85,270
263,403
108,441
10,612
1,168,158
49,243
354 6,155,216 3,830,962 1,092,902
197 1,033, 782 1,159,800 268,902
581 2,730, 762 2,596,727 495,999
13,824
13, 575
2,331
11
307,953
53,344
58
251, 520
321,157
9
245,151
19,437
470,326
77,596
282,514
1,209
11,957
10,282
45,745
4,783
19,701
119
1,304
1,118
99,245 3,582,165
54,629
527, 525
120,636 1,564,651
824
6,456
13,275
209,952
12,362
210,917
96,383
32, 585
70,899
593
6,154
9,754
1,210 10,430,255 8,230,174 1,932,915
853,884
72,770
300,971
6,101,666
216,368
23,572
7,106
29,372
314,056
13,599
133,191
15,009
157,473
13,796
145,677
16, 223
349,199
32,025
488,166
20,944
286,968
74,990
5,950
434,545
19,688
89,489 2,489,792
140,802
8,601
195,208
16,820
494,422
30,665
14,367
5,265
6,566
4,688
14,072
19,862
8,253
2,548
11,997
77,238
2,730
5,756
17,799
311,181 5,704,479
191,141
2,018,214
133
74
46
25
52
66
71
25
39
443
53
90
74
1,191
70,300
26,155
36,437
22,651
69,316
108,552
113,503
32,090
82,985
297,402
48,109
29,962
90,716
7,937
16,497
14,003
12,497
732
6,849
56,560
4,814
9,421
12,396
2,452
1,120
1,071
716
1,752
2,615
1,799
483
2,528
11,408
827
1,314
2,970
% 597,900 6,270,169 1,028,178
179,050
31,055
511,608
513,912
255, 541
175,868
187,777
214,848
205,652
161,720
327,789
469,048
702,125
453,192
365, 523
79,784
79,460
430,981
596,841
2,645,607 2,020,574
158,731
168,957
238,067
292,778
690,619
532,777
Other
257
46
23
605
25,383
516
152
240
11,944
369
1,859
Total
271,672
241,615
165,717
3,542,049
200,082
1,065,456
25,721
15,080
5,486,591
78,524
121
1,309
400
22
79,971
8,649
18,760
53
1,684
943
15,533,508
3,169,004
7,904,794
38,985
857,573
831,478
4,251
79,976
706
2,052
831
1,725
235
1,891
553
4
15
75
423
596
6,387
74
173
10
852
5,038
24,488
7,815
22,630
8,449
38,760
110,060 28,335,342
3,097
774
1,388
1,028
3,175
5,066
2,978
196
6,403
13,030
1,010
1,393
3,538
1,484,312
618,718
627,671
563,896
1,267,144
1,826,506
1,202,728
276,264
1,598, 550
7,751,667
534,657
789,955
1,884,000
43,076 20,426,068
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
235
124
387
77
95
177
96
77
1,509,307
629,736
3,426,296
1,118, 509
517,336
863,913
255,344
689,945
1,842,391
1,001,557
4,456,139
1,598,823
700,942
806,034
329,258
718,593
9,010,386 11,453, 737
47,296
33,866
228,284
30,295
52,804
48,368
15,138
28,375
7,370
2,991
17,445
5,166
2,412
3,717
1,202
3,257
67, 511
43,197
99,167
55,087
21,304
22,024
12,216
18,021
1,024,405
541,402
2,631,438
805,106
382,734
608,256
227, 544
623,324
38,679
16,115
34,451
22,551
11,295
10,732
4,652
12,993
37
191
461
317
79
372
41
370
1, 547,911
484,426
43, 560
338, 527
6,844, 209
151,468
1,868
39
35
124
172
38
25
77
26
199
100,905
113,900
330,771
312,176
95,324
65,471
339,278
101,574
538,488
112,605
110,076
421,112
415,358
140, 546
99,699
424,611
128,392
553,125
12,401
13,419
81,301
82,039
14,087
9,495
29,780
8,674
127,438
5,111
4,930
18,268
25,418
7,342
3,408
11,011
736
31,149
348~
383
1,571
1,444
363
284
1,421
411
2,500
3,420
3,816
9,827
12,554
5,153
3,506
12,264
6,334
20,390
51,806
61,864
314,067
308,680
81,843
57,233
279,446
104,638
550,256
1,626
2,596
6,155
5,499
2,967
1,404
3,731
3,567
13,968
1,997,887
2,405, 524
378,634
107,373
8,725
77,264
1,809,833
33
18
90
11
9
5
3
838,911
584,398
5,804,800
166,057
117,166
70,889
194,260
562,601
463, 523
3,841,719
153, 559
123, 007
84,143
152,627
161,542
119,938
833,232
10,472
9,565
6,946
25,183
28,816
11,668
288,825
1,579
1,744
6,036
5,836
2,603
2,183
31,102
481
331
214
745
24,552
13,043
101,892
5,455
3,414
5,047
9,554
169
7,776,481
5,381,179 1,166,878
344, 504
37,659
162,957
12,406
5,321
30,219
13,149
5,930
7,420
1,613
4,712
4,814,268
2,372,601
11,496,307
3,896,617
1,769,146
2, 515,603
921,335
2,188,151
8,214
7,952
80, 770
29,973,028
289,268
312, 000
1,185, 047
1,165,633
348,659
240,831
1,104,475
355,041
1,843,508
942
22
1,204
446
147
735
3,824
1,186
590
6
104
4,757
100
142
1,056
91
1,696
1
263,918
98,099
566,446
246,068
74,168
139,887
73,050
86,275
1,268
4,856 37,831,123 35,481,837 6,317,919 2,077,678
6
1
22,869
88,143
43,414
60,127
3,990
7,977
1
2,011
3,385
113,023
106,926
12,346
32
30
42
125
174
240
88
1,882
1,138
41,513
685
2,242
1,139
13,643
6,844,462
418, 591
304,002
2, 588,801
70,023
72,721
31, 531
88,674
21,354
16,075
101,399
3,690
2,758
2,220
6,537
463
287
1,723
64
2
38
388
835
186
660
37,462
5,626
5,930
55,227
149
144
837
3,556
2,066,080
1,521, 707
13,712,380
411,529
330,862
207,901
487,974
3, 574,343
154,033
2,965
27,648
38,308
71,468
18,738,423
204,381 1, 276,170 25,202,688
803,766
30,764
51,635
191,856
18,037
31,688
1,236
2,521
22
25
15
115
669
77
7,094
861
312,785
26,198
615
6,482
2,563
101
4,566
11,131
387
851
4
9,045
101
16,084
50, 576
3,761
47
15
204,482 1,292,254 25,253,264
807,527
30,811
51,650
379
8
7
160
899
1,016
1,968
2,273
1,033
301
2,651
502
3,000
4,864 37,944,146 35,588,763 6,330,265 2,086,723
191,856
334,097 109,803,914
100,746
204,945
334,958 110,116,699
Crc
at
TABLE NO. 39.—Assets and liabilities of active national banks, Dec. 81, 1958—Continued
LIABILITIES
[In thousands of dollars]
Location
Maine
_
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
_
155,184
171,856
71,977
2,735,359
120,707
790,544
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
*"- lessee
Demand
deposits
...
_
Total Southern States
4,045,627
Time deposits
88,001
44,975
Bills payable, rediscounts, and
Total de- other liaposits
bilities for
borrowed
money
429,109
62,315
194,550
243,185
216,831
147,675
3,164,468
183,022
985,094
894,648
Acceptances executed by
or for account of reporting
banks and
outstanding
2,185
772
1,722
350
~I~550"
Other liabilities
28,234
150
2,210
10,676
Capital
stock i
Surplus
Undivided
profits
9,390
6,094
5,545
81,464
4,380
24,343
10,387
10,320
6,040
157,295
7,805
28,787
5,502
5,902
3,538
46,240
2,244
11,900
75,326
27,115
36,125
107,793
846
9,194
7,899
13,559
8,595
12,378
189
5,022
1,455
4,940,275
2,050
28,572
61,403
131,216
220,634
11,122,695
1,751,246
4,937,716
20,912
623,251
656,589
2,468,128 13,590,823
1,188,562 2,939,808
2,133,921 7,071,637
12,961
33,873
793,119
122,767
779,356
3,305
1,450
1,630
82,048
121
1,612
400
625,172
22,422
55,379
33
3,521
5,118
389,495
65,779
207,955
1,260
14,960
13,200
624,437
94,704
446,410
2,784
31,155
24,050
19,112,409
6,096,207 25,208,616
7,365
711,645
692,649
1,223,540
1,500
150
7,815
10,523
2,583
5,895
4,758
12,874
14,840
10,455
1,268
10,041
39,533
2,993
4,794
14,189
30,567
13,150
11,050
8,962
23,198
38,525
24,137
5,353
22,313
179,060
11,245
15,625
34,176
52,172
24,655
24,690
15,216
34,276
49,285
36,000
11,265
46,190
201,931
15,909
28,433
59,295
13,410
15,792
287
14,962
75,005
8,880
8,972
19,150
40,389
134,746
417,361
599,317
206,812
22
935,153
417,514
463,189
464,820
1,007,750
1,432,408
429,482
149,524
113,599
63,846
168,097
209,859
1,291,359
6,387,041
420,044
604,361
1,374,900
222,398
48,000
206,528
824,121
73,982
125,533
371,101
7,211,162
494,026
729,894
1,746,001
300
15,897,220
3,065,865
18,963,085
2,250
1,364,635
567,038
576,788
528,666
1,175,847
1,702,062
1, 111, 220
257,859
1,497,887
300
10
1,017
24,491
Reserves
and retirement account for
preferred
stock
19,898
8,713
7,094
4,755
1,023
1,346
1,197
18,960
83
4,506
41,198
:
4,464
2,429
2,150
1,539
11,055
8,074
4,107
232
658
20,485
1,604
1,937
3,374
62,108
Ohio
Indiana
Illinois
Michigan
_
_
w Wisconsin
§Q Minnesota
oo Iowa
~ Missouri
£
i,
Total Middle Western States
North Dakota
South Dakota
-_
i_i Nebraska
M 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 _. .
See classification on pp. 160 and 161.
4,468,989
2,217,481
10,677,036
3,650,894
1,656, 597
2,323,238
859,182
2,046,444
750
1,000
20,990,474
6,909,387
27,899,861
1,900
195,449
222,846
989,178
964,802
268,883
176, 219
793,250
280,178
1, 526,413
74,731
68,821
118, 570
126,784
60,325
50,344
236,819
54,821
178,876
270,180
291,667
1,107, 748
1,091,586
329,208
226, 563
1,030,069
334,999
1, 705, 289
5,417,218
970,091
6,387,309
1,286
1,399,408
930,359
7, 244,059
272,967
237,460
129,634
349,274
516,950
467,374
5,352,734
116,045
72,139
64,308
102, 589
1,916,358
1,397, 733
12, 596,793
389,012
309, 599
193,942
451,863
6, 692,139
17,255,300
102,224
36,858
255,615
57,689
29,605
40,189
15,288
42,928
144,193
63,141
320,668
104,725
50,790
84,253
25,072
52,902
53,895
30,339
98,753
32,471
20,693
24,026
15,241
28,506
4,297
7,307
53,307
7,030
3,521
12,537
3*368
3,928
8,163
237, 745
580,396
845, 744
303,924
95, 295
1
2,345
3,037
4,445
4,679
3,014
1,203
6,611
1,457
10,196
4,885
4,893
24,665
20,905
5,480
2,760
18, 570
7,040
36, 250
6,804
7,905
27,158
27,347
6,792
6,265
28,696
6,680
47,419
3,817
3,532
15,641
19,037
3,078
3,326
16,508
1,011
38, 208
1,026
966
5,165
2,079
236
714
4,021
3,854
5,008
1,139
36,987
125,448
165,066
104,158
23,069
20,026
20, 256
300,087
2,153
3,836
2,762
8,295
37,025
31,835
253,626
8,025
5,275
3,398
9,925
50,212
40,940
336, 778
8,545
6,285
3,737
14,925
31,767
30,142
173,850
3,550
4,876
3,987
2,966
10,506
141
10,248
244
981
75
211
850
39,914
16,371
85,996
42,708
7,798
30,154
3,093
11, 711
186
660
40,998
1, 232,228
559,433
2,463,817
1,133,082
529,162
550,494
173,800
267,371
6
104
4,932
100
142
1,056
91
1,732
1,138
3,236,761
1,658,048
8,213,219
2,517,812
1,127,435
1, 772,744
685,382
1, 779,073
10, 563,161
76,026,109
58,794
101,280
3,601
163,675
76,189, 784
24,628,337 100,654,446
37,386
88,706
3,020
225
41,844
357,415
349,109
461,422
251,138
22,195
203,910
1, 539,941
2, 296,179
3, 515, 723
1,307,884
270,980
265
908
75
14,851
1,428
4,000
150
1,570
6,000
150
939
1,875
63
364
96,180
189,986
6,621
129,112
150
292,787
24, 757,449 100,947, 233
1,248
14,851
203, 910
5,578
7,720
2,877
2,575
1, 541,189
2,301, 757
3, 523,443
1,310,761
273, 555
TABLE N O . 39.—Assets and liabilities of active national banks, Dec. 31, 1953—Continued
Ox
00
[In thousands of dollars]
Loans and discounts
Loans to
Commer- farmers
cial and directly
Loans to
industrial guaranOther
brokers
loans (in- teed by loans to and dealcluding the Com- farmers
ers in
modity
opensecurities
Credit
market
Corpopaper)
ration
Location
Maine
_
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
__
39,961
33,614
11,966
783,791
33,717
123,490
-
..
Total New England States. 1,026,539
905
579
283
1,794
68
1,900
5,490
2,549
5,356
3,395
44
3,088
16,906
257
411
17,627
Other
loans for
the purpose of
purchasing or
carrying
stocks,
bonds,
and other
securities
Real estate loans
Secured Secured
by farm by resi- Secured
land (in- dential by other
cluding properimprove- ties (other properties
ments)
than
farm)
Other
loans to
individuals
1,032
3,655
2,068
1,378
3,572
2,455
145
1,312
20,894
17,874
16,791
159,354
22,995
74,905
7,245
4,266
4,379
63,580
7,893
18,827
27,909
27,370
20,286
286,769
17,275
96,422
1,379
1,222
1,451
All other
loans
Loans
Total
valua(includto
tion
banks ing over- gross loans reserves
drafts)
208
29
10
8,503
1,889
1,997
1,056
41,481
118
7,641
107,981
90,898
65,150
1,376,954
83,544
331,651
Net
loans
1,399
106,582
793
90,105
742
64,408
29,470 1,347,484
82,774
770
326,861
4,790
17,665
10,930
312,813
106,190
476,031
8,750
54,182 2,056,178
37,964 2,018,214
19,437
7,731
43,746
1,355
8,397
152
416,909
417,064
601,043
6,205
39,112
53,135
87,609 1,017,739
58,218 290,614
155,822 509,315
1,598
608
34,838
16,074
67,306
16,639
40,913
1,267
9,622
4,123
104,031
7,588
78
49,613
2,162
160,275 6,267,344
17,445 1,049,098
46,835 2,784,889
241
13,833
9,110
252,887
6,140
247,307
112,128 6,155,216
15,316 1,033,782
54,127 2,730,762
9
13,824
251,520
1,367
245,151
2,156
111, 536
659,439
199,995
80,818 1,533,468
334,970 1,921,410
42,230
240,046 10,615,358
185,103 10,430,255
3,201
10
1,139
479
4,557
1,361
2,214
338
4,650
11,482
1,346
701
2,537
7,136
1,637
9,664
2,934
9,523
21,287
2,713
740
3,654
93,822
403
1,852
19,055
15,784
4,012
4,183
1,986
4,571
3,303
5,344
2,352
3,753
21,430
4,426
11,256
7,422
110,559
55, 716
13,177
12,008
27,000
30,874
41,273
6,807
24,068
112,639
11,809
35,928
34,220
152,956
64,564
75,237
52,180
150,003
143,860
121,706
22,430
83,888
605,122
47,201
70,444
190,799
1,630
50
55
137,387
25,710
246,512
__ 1,341,237
47,779
77,612
341,955
3,690
723
3,187
12,081
16,847
1,662
23,326
10,776
18,288
198,918
24,979
871
47,705
21,842
2,689
6,417
2,735
11,112
8,666
14,487
3,613
12,474
151,582
13,071
24,080
18,451
518,727
1,500
178,304
2,289
217, 503
5,812
163,398
18,085
473, 593
14,985
457,212
12,156
372,882
3,352
81,099
17,939
435,123
54,793 2,671,206
1,607
159,666
4,875
241,180
16,255
701,041
4,815
513,912
2,436
175,868
2,655
214,848
1,678
161,720
4,545
469,048
4,020
453,192
7,359
365,523
1,315
79,784
4,142
430; 981
25,599 2,645,607
158,731
935
238,067
3,113
690,619
10,422
Total Southern States . . . 2,977,282
363,053
293,361
34,015
174,420
89,822
516,078
264, 510 1,780,390
5,904
5,529
19,922
- 3,712,568
231,418
. 1,
--79,410
95,927
New York
New Jersey.
Pennsylvania
Delaware
Maryland
District of Columbia
41,278
4,008
14,526
110
1,251
1,718
45,787
10,350
1,045
5,410
5
5,428,555
62,891
Total Eastern States
Virginia
___
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama—
__
Mississippi
Louisiana.
Texas
Arkansas.
Kentucky
Tennessee
-
150,243
34,032
94,012
61,719
215,674
_
203,410
---
4,662
20,234
31,235
13,371
8,143
11,464
15,696
27,624
11,991
4,981
19,417
79,587
7,045
13,466
20,490
525
180
285
480
594
172,099 6,670,934
73,034 6,597,900
Ohio
31,125
491,005
24, 516
34,007
Indiana
_
_
20,127
199,288
15,082
3,067
84,259 251,316
Illinois
178,465
1,848,532
9,655
Michigan
6,357
369, 786
7,840
13,168
Wisconsin
11,937
228,206
1,805
38,292
35,660
Minnesota
305, 245
2,517
39,857
31,496
Iowa
69,094
456
32,221
29,274
Missouri
8,695
283,490
Total Middle Western
States
3,794,646 342,278 268,704 300,212
North Dakota
13,185
15,212
26,498
South Dakota
22,391
19,831
19,654
6
Nebraska
73,396
100,359
53,292
380
Kansas
58,491
89,304
56,494
2,087
Montana
12,613
17,187
15,483
Wyoming
13, 994
15,000
3,731
Colorado
66,736
99,232
25,186
1,455
14,830
30, 575
New Mexico
9,239
47,091
Oklahoma
251,298
46,926
462
Total Western States
637,998 256, 503 322, 727
4,390
Washington
28,969
316,479
62,830
2,537
Oregon
25,652
191,370
18, 778
483
27,180 199,373
California
1,952,248
24, 538
21,476
20,451
Idaho
27,698
9
4,550
5,522
Utah
35,785
755
2,152
4,595
Nevada
8,152
129
Arizona
52,208
29,089
311
Total Pacific States
28,633
2, 583,940 137,095 313,651
Total United States (exclusive of possessions).. _16,448,960 1,167,349 1,329,901 1,044,316
Alaska
106
6,611
The Territory of Hawaii
675
12,583
4,808
Virgin Islands of the United
~ites
301
3
Total possessions
4,811
19,495
781
10
Total United States and
16,468,455 1,168,130 1,334,712 1,044,326
23,840
6,993
88,858
5,360
22,217
12,878
2,002
14,949
177,097
33,464
15, 222
21,394
7,167
8,397
9,013
8,080
6,111
343,194
179,751
334,848
318,487
123,650
193,823
48, 936
126,089
108,848 1,668,778
19,634
24, 509
21, 576
24,865
18,070
13,607
40, 592
13,742
32,344
406,477
150,315
515,844
324,925
78,366
217,767
42,270
139,098
815
346,627 1,875,062
2,979
81,179
35,994
80,151
63,066
22,873
28,174
11,299
23,891
1,033
315
4,421
1,844
194
973
1,419
1,220
2, 554
1,502
1,677
4,484
7,057
799
1,077
4,097
1,413
8,154
13,973
30,260
2,076
3,229
17,097
228
299
517
209
9,836 180,960
155, 711
8,461
63,687 2,142,166
53,162
2,419
33,158
1,127
23,376
672
47,303
1,325
31, 567 201, 771
154, 822
26,690
235,864 1,132, 730
8,044
31, 738
4,685
29,707
4,616
26, 521
838
63,002
23,655
87, 527
312,304 1,640,291
606,805
3,298
3,494
10, 589
6,649
2,220
4,056
18,062
5,110
19, 540
20,844
23,059
53, 799
62,460
28,838
13,188
72, 530
26,016
116, 787
73,018
417, 521
726
3
775
660
60,475 1, 530,097
637,832
11,993
92, 509 3,496,902
20,632 1,133,275
528,835
18,213
872,784
28,640
259, 467
5,977
695,194
30,716
20,790
8,096
70,606
14,766
11,499
8,871
4,123
5,249
1,509,307
629,736
3,426,296
1,118, 509
517,336
863,913
255,344
689,945
269,155
9,154,386
144,000
9,010,386
2,385
1,147
1,398
12,660
4,556
1,065
248
12,083
848
15,027
102,353
116,334
335, 246
313,817
96,469
65,874
341,416
102,993
542,568
1,448
2,434
4,475
1,641
1,145
403
2,138
1,419
4,080
100,905
113,900
330, 771
312,176
95,324
65,471
339,278
101, 574
538,488
2,709
49,032
2,017,070
19,183
1,997,887
12,600
3,770
74,712
2,582
2,799
519
851
849,625
588,966
5,879,554
167,807
118,387
71,120
195,265
838,911
10, 714
584,398
4,568
74,754 5,804,800
166,057
1,750
117,166
1,221
70889
231
70,889
1,005
194,260
g
^
97,833
7,870,724
94,243
7,776,481
§
290
10
24
9,959
9,959
408, 205 6,875, 912 1,437,619 8,110, 705 72, 531
882,347 38,384,650
24
3,035
23,514
88,552
9
7,625
46
907
166
827
198
454
62
1,119
55,959
7,872
13,275
3,121
114,077
553, 527 37,831,123
645
409
22,869
88,143
1,054
113,023
2,011
7,634
614,439
7,413
47,719
4,016
3,658
5,289
7,532
409,324 6,931,871 1,445,491 8,123,980
72, 531
885,468 38,498,727
2,011
554, 581 37,944,146
TABLE NO. 39.—Assets and liabilities of active national banks, Dec. 81, 1958—Continued
[In thousands of dollars]
Capital
IndividPreuals, part- U . S . .
ferred Common nerships, Governstock
stock
ment
and corporations
Location
Maine _
NP.W TTarnpsfrirc
Vermont
Massachusetts
Rhode Island
Connecticut
4,828
6,807
2,293
102,294
4,301
33,220
10,467
17,736
5,942
183,139
14,263
35,272
7,548
9,380
1,317
320,904
5,395
23,789
53
128,919
130,653
60,454
2,048,840
93,080
661,117
Banks
in
United
States
Banks
in
foreign
countries
11
29,008
22
14
States Banks Banks
Certified Individ- U . S .
and
uals, partin
and
Postal
in
cashiers' nerships, Gov- savings political United foreign
ernsubdicounchecks, and cor- ment
visions States tries
porations
etc. 1
3,411
7,280
1,971
51,174
3,646
37,132
87,701
44,547
75,169
411,640
61,479
192,489
221
123
378
2,969
333
308
72
290
148
6,520
480
1,738
7
15
3
1,555
23
15
1,618
4,332
25
6,400
5,064
29
757
301,878
877
52,369
17,809
58,648
83
862
25
Total Eastern States
53
131,163
3,123,063
153,743
266,819
368,333
29,055
104,614
873,025
9,248
1,200
640
50
Total New England States
New York
New Jersey
Pennsylvania..--...
Delaware
Maryland
District of Columbia
Virginia
West Virginia
North Carolina
South Carolina
Georgia
_
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Ken tucky
Tennessee
. -
States
and
political
subdivisions
9,390
6,094
5,545
81,411
4,380
24,343
Time deposits
Demand deposits
388,295
65,139
207,905
1,260
14,960
13,200
8,162,042
1,371,032
3,969,308
19,997
461,292
557,508
367,763
71,591
177,897
342
30,325
25,709
335,242 1,299,671
205,866
48,817
217,496
495,269
156
60,965
66,981
123
55,354
503,739
196
12,916
455
4,084
454,238
53,744
64,830
411
3,233
13,811
2,055,330
1,165,014
2,068,458
12,868
162,103
112,838
53,487
5,710
4,181
10
6,883
8,904
1,025
690,759 14,541,179
673,627
819,848 1,966,098
521,390
590,267
5,576,611
79,175
1,902
129,771
5,870
681,371
298,577
372,479
337,848
673,950
1,005,619
662,766
148,611
807,799
4,424,441
310,209
494,176
854,102
30,010
14,607
13,091
22,426
32,956
28,390
25,315
5,756
28,168
131,371
8,244
20,010
31,176
63,929
132,759
53,384
32,778
32,843
33,484
75,446
18,160
96,584
182,166
179,703 197,058
104,537
84,307
30,468
23, 515
207,456 221,801
442,591 1,241,598
42,500
55,409
35,288
49,497
114, 798 359,454
122
379,261 21,063
147,368
1,209
89,556 2,719
55,422 7,650
162,053 3,734
241,802 8.607
217,488 3,998
47,230
760
202,966
498
641,637 20,125
73,388
20
122,516
1,617
357,104 3,945
120
186
7
1,144
66
10
45
1,169
24
15
175
28,662
534
21,140
492
1,158
17,869
298
10
3,019
156,618
450
1,335
8,855
376
227
184
275
8
310
604
365
26,962
18,168
11,242
10,940
22,070
18,142
11,491
1,509
18,388
134,979
3,682
5,390
15,005
4,572
100
50
1,022
24,271
297,968
75,945
2,961
240,440
7,728
1,890
—
- -
--
Total Southern States
6,400
200
200
30,567
13,150
11,050
8,962
23,198
38,525
24,137
5,353
22,313
178,860
11,245
15,625
34,176
417,161 11,071,948
391,520 1,479,527 2,631,986
50
24
3,496
406
7,747
12,061
2,737,791
1,000
20
302,878
1,000
1,000
Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
-Missouri
_
- -
Total Middle Western States
North Dakota
South Dakota
Nebraska
_
Kansas
Montana
Wyoming
Colorado
New Mexico _
Oklahoma
80,216
524
107,220
17,916
1,646
5,264
125
5,854
50,270
296,677
6,652,487
21,842
5,423
218, 765
5, 370
20
73,601
63,338
118,403
122,029
60,123
48,530
219,976
52,654
164,154
657
1,026
49
3,983
15
1,385
1,647
2,034
5,202
6
3
33
40
18
10
11
97
467
4,454
85
724
182
411
15,173
122
8,659
8
5
461
2,184
2,014
7,735
7,420
3,802
1,370
10,621
3,534
24,664
63, 344
30,277
126,786
54,809
299,368
193,401
43,898
63,635
22,864
50,156
263,110
241,117
122,065
231,757
425,327 1,275,128
184,353
152,739
125,125
58,576
147,185 352,645
130,436
64,906
456,133
93,351
3,156
145
36,859
4,375
641
2,673
577,706 15,464,657
854,917
1,414,958 2,908,995
4,885
4,893
24,665
20,905
5,480
2,760
18,570
7,040
36,250
._ _
-
Total Pacific States
Alaska
The Territory of Hawaii
Virgin Islands of the United States
Total possessions
Total United States and possessions
378
378
168,801
181,983
717,842
654,441
216,128
129,432
632,042
180,139
1,110,975
4,754
6,230
30,906
23, 519
4,895
2,788
22,205
14,031
37,411
10,324
22,287
63,959
182,526
28, 575
31,016
38,413
67,630
135, 547
9,366
10,332
168, 734
96,896
15,483
11,613
89,889
14,844
217,355
125,448
-_
Total United States (exclusive of
possessions)
1
185
2,251
1,236
40
1,053
67
53
538
2,536,175
1,210,612
6,085,684
1,953,799
875,548
1,184,477
455,235
1,163,127
Total Western States
Washington
Oregon
California
Idaho
Utah
Nevada
Arizona.
2,090
3,820
5,553
1,290
4,877
379
2,270
1,563
385
218
3,660
360
398
139
2,421
1,149,352
552,620
2,340,648
1,113,476
521,188
544,645
171, 352
259,206
102,224
36,833
254,100
56,689
29,555
40,089
15,288
42,928
2,690
_ _
_
-- _
-
66,417
38,660
90,853
29,145
23,647
22,129
11,941
13,885
25
1,515
1,000
50
100
3,991,783
146, 739
580,277
634, 512
563
37,025
31,835
253,248
8,025
5,275
3,398
9,925
1,128,519
712,897
5,703,301
204,697
180, 763
99, 778
280,735
47,252
20,839
214,338
6,335
5,388
3,214
6,697
119,521
133,442
664,396
55,093
30,899
23,265
41,059
83,957
36,846
296,315
4,023
18,432
695
7,858
5,288
1,494
90,135
348,731
8,310,690
304,063 1,067,675
448,126
99,337
5,211 2,290,968 56,503,320 2, 524,609 5, 629,104 8,958,050
1,428
4,000
150
42,270
66, 781
2,020
9,236
15, 797
260
5,528
12, 759
1,281
1,071
1,981
21
5,578
111, 071
25,293
19,568
3,073
5,211 2,296,546 56,614,391 2,549,902 5,648,672 8,961,123
2
80
2,420
922,808
15,998
218
502,532
14,871
454,441
24,841
275, 574 4,693,955
114,695
2,819
67, 736
1,978
61,967
2,682
100,551
10, 505
6,019
47
38,629
1,314
3,333
1,800
2,028
9
13
237
11
1,020
5,995,877
53,170
1,300
333,270
541
210
5,500
13
764
790
390
50
3,600
8,000
121,054
50
508,648
4,090
129,054
13,422 1,132,233
23,873
444,832
1,224
689
2,738
19
19,425
82,163
2,824
11,450
497
10
10
6,501
6,036
192
3
1
1,224
3,446
104,412
11,947
20
12,729
3
1
13,442 1,144,962
23,876
444,833
724,886 1,686,140 22,758, 599 255,378
726,110 1,689,586 22,863,011 267,325
Includes dividend checks, letters of credit and travelers' checks sold for cash, and amounts due to Federal Reserve banks (transit account).
10
12,823
495,259
25
5,500
TABLE NO. 40.—Assets and liabilities of all active banks other than national, Dec. 31, 1953 {includes State commercial, mutual savings, and
private banks)
ASSETS
[In thousands of dollars]
Location
Maine
New Hampshire..Vermont
Massachusetts
Rhode Island
Connecticut
Total New England States..
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
Total Eastern States
Virginia
West VirginiaNorth Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Total Southern States
U. S.
ObligaGovern- tions of
Loans
Other
Num- and dis- ment obbonds,
ber of
counts, ligations, and po- notes,
and debanks including direct and litical
overdrafts guaran- subdivi- bentures
teed
sions
58
37
253
15
137
563
136
330
26
104
10
Balances
with other
Corpobanks, inrate
cluding
stocks,
including Currency reserve
stocks of and coin balances
and cash
Federal
items in
Reserve
process of
banks
collection
51,776
24,660
4,964
343,958
53,879
225,293
14,138
29,354
1,541
182,096
20,025
66,558
4,667,038 4,265,882 230,759 704,530
—
17,902,590 11,956,501 1,145,682 1,550,902
1,296,829 1,267,251 256,608 232,270
2,312,150 1,994,193 345,317 720,186
22,133
64,239
244,030
221,504
54,847
91,495
534,589
737,818
8,252
10,540
201,710
176,644
217,430
219,634
158,629
2,602,417
402,032
1,066,896
245,359
183,858
58,513
2,240,702
394,013
1,143,437
16, 526
6,095
9,493
86,895
26,401
85,349
183
108
180
125
340
151
160
175
132
474
177
288
224
434,542
175,476
619,713
95,994
397,452
280,541
139,398
231,145
218,342
643,360
154,438
447,151
288,430
135,642
212,382
232,486
524,649
145,512
412,589
213,888
47,777
29,165
139,282
32,114
39,127
54,132
31,619
105,807
93,661
109,264
34,171
27,092
47,406
2,717
4,125,982
3,848,615
790,617
113,161
321,005
56,834
18,848
18,423
359,654
104,920
250,095
313,712
118,438
198,934
15,172
39,840
3,873
963
4,709
2,776
1,740
35,078
10,601
22,013
445
399
245
793
27
797
808,774
76,917
2,706
1,904
236,141 6,441,367
53,666
430,455
92,196 1,033,302
94,341
8,210
27,691
218,582
9,788
112, 760
237,107
37,365
56,941
5,470
14,258
9,670
877
237
3,819
337
197
4,753
231
5,467
15,846
2,669,632
964 22,491,898 16,353,911
354,095
223,790
522,748
10,824
2,777
3,080
50,187
16,376
35,194
InvestReal ments and
Bank
other
estate
premises owned,
owned,
indirectly
furniture other representthan
and fix- bank ing bank
tures premises premises
or other
real estate
267,812
427,692
8,330,807
360,811
14,630
4,261
89,049
12,619
5,405
2,866
4,861
3,462
3,427
22,101
3,612
16,118
3,671
1,279
1,433
1,964
220
1,338
708
311
383
711
2,785
190
1,071
1,441
25,438
14,582
51,587
12,264
26,339
26,450
12,579
21,478
25,370
43,413
10,888
25,526
20,582
229,794
98,162
355,591
75,776
227,162
190,691
86,528
165,578
211,089
519,439
135,332
297,504
161,606
12,277
3,951
14,332
2,304
10,139
11,856
3,042
6,184
19,943
2,725
6,321
7,857
42
153
44
517
290
96
181
136
1,938
34
141
482
13,834
316,496
2,754,252
104,884
4,342
186,
Customers'
liability
on ac- Other
ceptassets
ances
outstanding
810
262
281
11,047
2,316
16,750
619,202
488,663
257,084
5,913,978
1,031,576
2,912,464
841 31,466
11,222,967
351
174
979
325
75
1,036
40
1,150
1,789
617
156
13
175
97
148
2
237
290
1
35
3,560
Total
172
661
190,184 224,093 40,089,131
182 12,676 3,602,942
1,207 24, 592 6,632,379
672,700
2,365
5
90 28,363 1, 711,843
2,403
533,880
191,668 294,492
53,242,875
75
407
1,942
1,291
7,894
489
2,230
2,354
470
743
1,536
1,899
371
1,636
1,078
1,124,000
552,773
1,802,517
344,999
1,030,962
1,006,662
414,694
747,355
790,998
1,889,081
487,274
1,235,259
746,848
825
23,933
12,173,422
149
3
48
1
73
9
fcO
412
358
513
354
463
501
566
521
Iowa. _
Missouri
__
__
Total Middle
States
North Dakota
South Dakota _
Nebraska
Kansas
Montana
Wyoming... __
Colorado
New Mexico. _
Oklahoma
1,872,739
528,861
1,154,319
1,143,985
671,832
516,609
708,987
1,193,911
1,968,029
854,797
1,884,349
1,439,540
848,140
455,607
683,520
1,076,518
311,198
84,991
324,659
307,751
115,461
82,252
125,932
151,795
131,301
24,756
128,882
39,287
29,607
71,704
18,266
56, 790
5,977
1,123
8,065
3,596
1,114
170
818
17,060
96,338
38,931
47,166
65,702
37,309
19,747
32,458
43,155
959,292
328,902
830,438
581,203
331,693
162,522
351,885
782,906
29,386
9,940
17,070
30,503
11,906
6,315
7,514
17,398
93
62
258
305
188
225
16
1,406
10,646
651
5,556
198
1,128
226
1,399
206
94
42
353
38
95
16
55
628
15,614
2,227
12,906
7,397
2,019
1,789
1,194
7,268
5,400,707
1,875,283
4,414,021
3,619,505
2,050,492
1,317,182
1,932,044
3,349,041
3,688
Ohio
Indiana.
Illinois .
Michigan __
Wisconsin
7,791,243
9,210,500 1,504,039
500,593
37,923
380,806
4,328,841
130,032
2,553
20,010
1,321
50,414
23,958,275
114
134
295
434
71
28
85
26
185
105,916
102,156
162,831
334,291
108,868
29,849
166.334
43,243
143,779
178,136
124,400
201,382
301,935
139,034
35,576
150,113
46,159
110,555
27,939
11,198
18,177
94,809
15,744
4,204
13,302
3,828
26,762
8,985
1,728
4,794
3,302
8,394
719
2,624
18
1,626
15
102
155
281
288
68
396
59
69
3,967
3,851
6,128
13,503
4,832
1,506
6,907
4,503
7,855
38,157
49,349
90,805
192,447
73,781
27,196
91,682
36,819
83,875
694
943
1,697
3,731
1,034
617
2,259
1,281
1,536
15
4
30
31
19
7
9
108
13
229
142
533
434
473
37
1,554
88
642
364,053
293,873
486,532
944,892
352,467
99,781
435,449
136,193
376,803
1,372
1,197,267
1,287,290
215,963
32,190
1,433
53,052
684, 111
13,792
83
50
116
27
45
3
11
252,102
104, 729
1,749,103
51,952
172,079
24,769
58,816
207,659
95,547
1,577,236
44,497
141,561
17,715
77,264
25,947
18,687
244,531
7,070
25,137
999
14,300
33,665
376
78,863
196
1,517
145
9,124
425
125
5,779
74
454
30
130
7,453
4,921
39,291
2,413
5,264
1,454
4,879
63,942
40,597
798,301
24,358
95,403
9,467
31,353
3,797
2,535
39,789
796
2,899
592
2,582
335
2,413,550
2,161,479
336,671
123,886
7,017
65,675
1,063,421
Western
__
_
_ __
__ -
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
9,639 42,686,978 37,127,677 4,910,888 4,216,913
13
0)
8
11
1
14,679
1,563
4 183
96,275
172,172
47
18,567
1,735
74,230
60,449
916
9,122
7,287
11,353
28,685
2
112
129
163
204
236
373
204
4,132
3,490,043
29
17
234
69
26
3
634
115
14
382
10
1,000
26
1,147
526
13,901
110
317
213
523
596,307
268,074
4,551,641
131,545
445,657
55,387
199,673
52,990
1,012
1,589
16, 737
6,248,284
641,731 1,362,159 17,970,206
739,426
16,316
43,282
7,110
1,368
75
34,714
33,896
357
558
35
45
3,632
5,281
3
64
289,031
156,026
41,857
18,715
1,070
9,674 42,976,009 37,283,703 4,952,745 4,235,628
2,316
3,265
991
8,597
20,681
69
4,231
68
4,257
199,116 421,174 110,335,866
58
319
404
347
49
19
1,307
1,326
143
33
77,663
9,587
845
396
642,801 1,398,222 18,047,869
749,013
17,161
43,678
1,070
117
13,852
17,677
1,024
14,946
7
47,367
21,818
23,029
240,702
345,157
1,399
36
144
36,063
6
35
4 branches of 2 American national banks.
Branch of an American national bank.
NOTE.—Figures obtained from the Federal Deposit Insurance Corporation.
2
2
65
87
91
2,300
1,656
128
766
47,659
680,238
200,442 468,833 111,016,104
TABLE N O . 40.—Assets and liabilities of all active banks other than national, Dec. 81, 1953 {includes State commercial, mutual savings, and
private banks)—Continued
LIABILITIES
[In thousands of dollars]
Location
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total New England States.
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
Total Eastern States
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Total Southern States
Demand
deposits
Bills payable, rediscounts, and
other liabilities for
borrowed
money-
Acceptances executed by
or for account of reporting
banks and
outstanding
Time deposits
Total deposits
142,858
19,063
43,115
., 126,403
373,082
734,517
407,384
408,763
188,668
4,125,961
562,099
1,887,061
550,242
427,826
231,783
5,252,364
935,181
2,621, 578
705
25
390
450
2,439,038
7,579,936
10,018, 974
2,085
841
85,391
18,254,041
1,469,093
3,399,756
409,830
815,970
349,858
17,749,276
1,841, 526
2, 586,593
187,405
745,210
137, 543
36,003,317
3,310,619
5,986,349
597,235
1,561,180
487,401
30,026
200
475
50
204, 506
182
1,225
5
90
24,698, 548
23,247,553
47,946,101
30,751
656,156
349,728
1,242,903
266,856
717,081
691,306
287,255
369,278
146,959
396,271
49, 555
216,607
248,133
92,815
95, 553
133,236
227,292
58,751
160,874
220,350
1,025,434
2,800
850
820
1,000
383
608,088
1,534, 572
391,861
972,361
462,133
8, 779,990
515
Other lia
bilities
1,653
2,916
4,792
7,253
282
5,194
30,610
31,240
6,932
326,279
60,066
156,891
24, 519
21,900
7,123
239,456
12, 545
82,027
612,018
387,570
22,090
361,049
30,310
55,445
6,243
14,386
5,431
575,326
58,726
131,298
11,849
24, 965
9,800
2,098,218
158,348
356,050
47,775
64,140
22,300
694,636
35,246
84,257
9,142
42,433
7,130
122,053
9,311
17,280
451
4,599
1,818
206,008
472,864
811, 964
2, 746,831
872,844
155, 512
149
26,911
14,560
24,287
10,221
26,211
23,607
10,133
13,451
17,341
43,649
10, 785
25,482
19, 513
38,841
24,816
72,291
10,689
32,156
26,054
12,934
33,386
19,304
43,225
12,262
45,926
19,969
1,545
7,855
24,846
11,264
18, 703
13,978
3,997
2,255
7,038
760
8,036
2,341
715
837
1,703
6,537
1,774
2,688
2,045
266,151
391,853
161,363
40,726
380,070
695,243
741,324
1,761,864
450,612
1,133,235
320
456
200
300
77
407
11,801
3,887
39, 655
1,248
12,838
6,135
1,659
2,427
3,421
8,960
577
8,948
8,153
2, 415,674 11,195,664
7,129
827
109, 709
1,639,174
316,411
Surplus
8,199
1,859
5,180
40,024
11,800
26,936
1
172
661
7
3,274
2,897
883
47,980
11,041
19,316
Capita
stock i
Reserves
and retirement account for
Undivided preferred
profits
stock and
capital
notes and
debentures
14,067
9,715
19,204
4,669
17, 577
9,077
250
600
1,000
94
42
353
38
95
16
55
633
48,427
12,120
31,794
32,394
6,139
3,933
3,092
28, 536
94, 717
31.355
76,280
73,968
42,134
22,700
38,191
79, 918
175,978
48,258
96,456
85,404
56,144
43,670
54,500
81,980
62,730
29, 702
54,943
48,068
32,191
20, 755
42,231
61,840
4,388
2,507
36, 720
11,148
3,956
7,892
6,520
6,736
,.
g
22,254,034
2,500
1,326
166,435
459,263
642, 390
352,460
79,867
|S
337,213
272,136
447,638
874,444
333,832
92,548
400,969
128,324
346,130
175
7,008
5,875
11,803
19, 467
5,760
1,478
10,690
2,845
8,035
8,665
6,499
14,210
27,005
6,723
3,013
10,205
2,327
9,336
6,148
7,827
9,389
19,940
4,168
2,114
6,472
866
9,524
4,314
g
1,362
530
229
1,019
1,696
1,453
281
4,758
574
1,723
622,066
3,233,234
3,781
204
12,263
72,961
87, 983
66,448
13,169
§
360,499
111,696
1.940,276
35,850
167,872
15,497
43, 521
548,290
250,374
4,225,392
123,148
413,471
51, 776
184,616
400
26
4,247
7,440
6,105
93,911
2,668
9,648
1,003
4,160
25,130
6,765
116,078
3,193
12,166
1,023
6,083
8,549
2,674
61,680
1,440
6,478
532
2,099
2 416
'406
^
2
105
4,056
1,750
43,021
809
3,539
1,053
2,062
2,675,211
5, 797,067
505
4,273
56,290
124,935
170,438
83,452
11,324
Total United States (exclusive of possessions).. 55, 549, 704 44,895,370 100,445, 074
46, 751
213,479
902, 952
1,829,272
4,651, 513
1,924,137
322,688
»sj
1,057
981
788
275
H
19
1,312
64
3
255
1,914
13,233
7,727
33, 594
50
8,451
9,395
65
3,654
1,437
46
2,766
1,547
Q
250
50
102
3
d
Ohio
Indiana
Illinois
_
Michigan
Wisconsin
Minnesota
Iowa
Missouri
_
_
.
__ _
.
__
_ _
-
- __ ___ __
Total Western States
Washington
Oregon
California .
Idaho
Utah
Nevada _
Arizona
_
_
__ _
_
_
_ __
_
_
-
Total Pacific States
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
_-_
_-
8,354,930
229,634
212,353
401,307
740,994
273,213
73,159
292,850
104, 776
282,882
107, 579
59, 783
46,331
133,450
60, 619
19,389
108,119
23, 548
63,248
187,791
138,678
2,285,116
87,298
245, 599
36,279
141,095
3,121,856
Total Middle Western States
North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
_
Colorado
New Mexico
Oklahoma
5, 014,173
1, 751,299
4,117,025
3, 368,485
1,909,833
1,217,966
1, 786,855
3,088,398
2,611,168
___
2,143,882
582.645
1,373,378
1,624, 594
879,457
664,983
490,905
595,086
13,899,104
-
2,870,291
1,168,654
2, 743,647
1, 743,891
1,030,376
552, 983
1,295,950
2,493,312
200
450
715
674
855
204
1,307 *"*
1,758
o
1,666
£
531
347
^
1,296 hf
1,257
t
H
693
' 287
355
^
653
H
34,615
19,629
12,053
115,375
162,934
794
9,587
2,186
10,721
100,690
116,610
441
44,202
21,815
22,774
216,065
279, 544
1,235
120
235
355
240,470
585,990
5,201
1,331
15,478
42,678
18,942
6,027
4,591
g
45,135,840 101,031,064
51, 952
214,810
918,430
1,871,950
4,670,455
1,930,164
327,279
C
345, 520
55,895,224
106
5,095
9
Includes capital notes and debentures. (See classification on pp. 168 and 169).
Oi
TABLE NO. 40.—Assets and liabilities of all active banks other than national, Dec. 31, 1953 {includes State commercial, mutual savings, and
private banks)—Continued
[In thousands of dollars]
Loans and discounts
Loans to
Commer- farmers
cial and directly
industrial guaranOther
loans (in- teed by loans to
cluding the Com- farmers
modity
openCredit
market
Corpopaper)
ration
Location
Maine
New Hampshire
Vermont
Massachusetts- __
Rhode Island
_
Connecticut
Total New
States
_
36,373
7,160
9,624
233,997
88,767
114,470
England
_
___
District of Columbia
....
_
Total Eastern S t a t e s -
159
2,111
1,342
4,446
7,618
1,494
4,163
21,097
Secured
Secured
by farm by resi- Secured
dential
land (in- properties by other
cluding
(other
properimprovethan
ties
ments)
farm)
Other
loans to
individuals
865
77
1,495
17,400
2,284
6,488
4,650
2,600
12,770
7,085
2,169
7,188
115,657
163,359
98,796
1,857,868
218,410
744,387
13,824
293,402
34,150
63,315
33,402
8,797
14,440
189,243
54,051
126,421
36,462
3,198,477
460, 739
19,818
All
other
Loans loans (into
banks cluding
overdrafts)
56
2,796
"""415"
13,434
28,609
426,354
3,267
103, 919
6,911
2,085
1,928
770
1,023
30,723 1,115,480
1,977
9,314
10,446
38,912
2,512
3,155
7,074
812
92
3,142
288,876
17,049
35,669
1,996
12,927
424
24,789 8,186,879 1,289,208 1 2
,
2,293
709,046
97,137 249,079
767,686
133,157 625,303
15,825
84,021
12,516
55,963
7,346
225,172
46,205 144,222
12,978
15,205
50, 718
44
76,188
6,678,226
116,636
52,824 1,170,815
356,941
63,275 10,023,522
2,373,928
76,768
94,053
5,536
1,697
8,780
12,949
27,057
148
16,367
47,850
11,780
59,027
45,951
4,995
14,028
15,299
4,050
19,546
6,413
20,751
12,061
15,748
19,131
12,071
86,489
20,531
30,871
24,045
1,564
144
3,270
163,371
55,754
218,267
29,761
104,782
98,159
40,520
45,074
65,951
228,479
29,645
127,027
106,001
1,300
256,165
287,006
10,187
231,923 1,312, 791
3,485
Virginia
West Virginia
232,030
North Carolina
15,030
South Carolina
116,850
Georgia
77,162
Florida....
22, 111
Alabama
64,831
Mississippi
55,256
Louisiana
_
174,451
Texas
._
22,901
Arkansas
128,018
Kentucky
45,844
Tennessee
_
Total Southern States.. 1,075,217
733
6,161
Real-estate loans
5, 581,667
211,663
677,155
73, 535
80,622
53, 584
490,391
New York___
New Jersey...
Pennsylvania.
Delaware
Maryland
273
7
187
535
Other
loans
for the
Loans to purpose
of purbrokers
chasing
and
or cardealers
rying
in secustocks,
rities
bonds,
and other
securities
1,735
1,226
370
217
856
465
1,059
181
725
110
1,537
16,879
6,326
26,253
5,603
21,597
8,168
11,586
15,121
12,402
10,624
9,150
41,098
27,257
106,300
56,589
65,040
19,418
78,476
55,592
25,110
20,926
37,322
48,790
17,393
74,052
50,665
59,996
212,064
655,673
1,262
5,223
11,114
1,513
5,246
4,942
1,964
5,917
1,140
10,009
1,261
25,457
16,715
39,097
4,497
20,633
21,304
6,522
11,328
19,605
21,185
6,651
15,339
500
~~80'
821
290
60
475
490
Total
gross
loans
1,879
1,146
2,108
7,299
5,345
5,249
219, 293
219, 745
159,912
2,619,354
408,012
1,077,275
23,026
4, 703,591
Less
valuation
reserves
Net
loans
1,863
217,430
111
219,634
1,283
158,629
16,937 2,602,417
402,032
5,980
10,379 1,066,896
36,553
4,667,038
275,083 18,202,810
12,836 1,317,305
42,037 2,348,775
2,039
245,011
10,375
541,237
9,004
202, 599
300,220 17,902,590
20,476 1,296,829
36,625 2,312,150
244,030
981
534,589
6,648
201,710
351,374 22,857,737
365,839 22,491,898
7,905
4,211
6,489
1,984
4,597
5,138
1,041
3,619
5,822
7,092
1,724
12,664
6,408
438,926
177,389
630,707
97,168
401,505
283,104
141,186
234,668
221,814
647,239
155,388
452,383
291,724
68,694 4,173,201
4,384
1,913
10,994
1,174
4,053
2,563
1,788
3,523
3,472
3,879
950
5,232
3,294
434,542
175,476
619,713
95,994
397,452
280,541
139,398
231,145
218,342
643,360
154,438
447,151
288,430
47,219 4,125,982
Ohio
Indiana
Illinois
Michigan. _.
Wisconsin..
Minnesota..
Iowa
Missouri
Total Middle Western
States
North Dakota.
South Dakota..
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico. __
Oklahoma
456,723
73,280
438, 749
203,425
155,115
38, 590
98,928
354,680
31,130
19,601
60,616
10,380
2,597
54,264
116,485
48,971
43, 790
53,199
84,463
53, 770
65,412
94,533
174,239
84,639
49,169
591
37,935
795
692
7
378
3,379
1,819, 490
344,044
654,045
92,946
3,515
5,427
13,838
43,803
13,769
4,067
38, 718
11,171
20, 745
51,261
37,073
51,569
73,686
27,926
2,577
11,332
1,855
25, 594
26, 257
34,841
60, 711
99,154
22,496
9,778
30, 563
8,747
31, 545
402
733
"284'
55,497
37,051
21,419
34,925
54, 398
43,941
49,887
37,601
627, 536
186,036
199,123
417,718
221,771
186,466
125,975
283,156
133,814
334, 719
2,247, 781
112
180
731
1,031
727
88
2,311
203
698
4,281
2,775
5,312
13,002
1,846
799
1,752
1,092
3,244
10,021
12,157
10,984
39,211
18,401
6,140
20,826
5,587
8,329
56, 233
3,073
41, 522
11,223
6,744
1,329
3,716
9,974
92, 575
27,046
40,567
70,898
57,284
26, 762
30, 502
74,458
428,742
131, 540
216,471
331,433
106,240
72,958
107,384
290,809
420,092 1,685,577
33
1
5,100
57, 719
4,581
26,478
19,815
11,826
3,017
7,016
14,693
1,899,134
535,998
1,167,543
1,154,382
682,079
521,900
714,511
1,207,460
26,395
7,137
13,224
10,397
10,247
5,291
5,524
13, 549
1,872, 739
528,861
1,154,319
1,143,985
671,832
516,609
708,987
1,193,911
5,354
145,145
7,883,007
91,764
7, 791, 243
106,796
103,377
165,012
335,862
110,691
30,038
168,041
44,205
144,771
880
1,221
2,181
1,571
1,823
189
1,707
962
992
105,916
102,156
162,831
334,291
108,868
29,849
166,334
43,243
143,779
11, 526
1,197,267
1,058
998
29,070
541
1,509
167
509
252,102
104,729
1, 749,103
51,952
172,079
24, 769
58,816
33,852
2,413, 550
20
"266"
1,124
2,178
2,440
8,535
3,937
1,708
5,567
2,208
2,965
10,125
8,250
18,064
54, 506
20, 513
4,769
55,322
12,982
50,680
I52'
100
489
1,363
2,501
1,076
112
551
360
535
556
7,087
155,053
282,873
324,092
1,419
6,081
34,103
131,656
30,662
235, 211
26,323
16, 521
454,974
10,615
43,266
3,319
13,937
12,954
2,136
10,954
7,015
2,851
81
155
8,273
5,961
35,846
13,788
19,673
2,966
6,037
28,099
6
152
204
417
12,395
419
1,422
1
115
5,145
2,579
26, 759
824
5,927
160
992
141,819
43,285
738,101
5,972
47,815
9,122
16, 747
31,737
8,313
134,824
1,549
13,698
2,616
2,895
25,780
25,236
304,630
12,017
36,996
6,611
18,396
568,955
36,146
92, 544
28,257
14,973
42,386
195,632
429,666
Total United States (exclusive of possessions). 10, 787,332 1,037,599 1,431,608 1,317,058
600, 414
366
Total Western States...
Washington.
Oregon
California
Idaho
Utah
Nevada
Arizona
Total Pacific States
Alaska
Canal Zone (Panama)
Guam
The Territory of Hawaii
Puerto Rico
American Samoa
Virgin Islands of the United
States
-._.
1,002,861
723,009 17, 259,970 2,932,476 6,463, 527
2
4,299
2,023
17,193
150
13,470
230
2,321
668
40,926
21,037
76
13,426
6,222
282
77
1,613
11,810
31,860
47
17,195
150
13,700
2,324
66,930
21, 748
Total United States and
10,899,634 1,037,599 1,448,803 1,317,208
possessions—
614,114
8,324
1,485
1,819
15,164
85,479
35,931
89,481
2,447,402
631,257 43,273,731
5
1
7
1,524
14,938
1,563
4,183
96,320
172,833
47
210
8,131
57
210
9,725
289,996
725,333 17,326,900 2,954,224 6, 509,239
89,691
23
640,982 43, 563,727
H
586,753 42,686,978
259
45
661
112
45, 712
31
112,302
5l
253,160
925
105, 727
1,279
31, 540 1, 778,173
52,493
288
173,588
1,788
24,936
60
59,325
51
'_
14,679
1,563
4,183
96,275
172,172
47
112
965
289,031
587, 718 42,976,009
OS
TABLE N O . 40.—Assets and liabilities of all active banks other than national, Dec. SI, 1953 (includes State commercial, mutual savings, and
private banks)—Continued
[In thousands of dollars]
Capital
Capital
notes
Preand
ferred
deben- stock
tures
Location
Maine
"N>.w TTftTnpshire
Vermont
Massachusetts
Rhode Island
Connecticut
124
_-
837
825
Total New England
States
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
__
Arkansas
Kentucky
Tennessee
-
50
33
._ _ --
5
Total Southern States
88
113,067
14,405
34,363
932,376
306,475
612,188
92,212
4,985
349
1,693
31,460
10,820
28,796
16,824
2,979
5,968
79,230
33,407
47,112
3,855
980
321
47,113
7,458
23,657
185,520
1,326
1,867
20
78,103
83,384
3,213
618,343
51,557
106, 779
19,384
21, 527
6,346
557,323 2,343,509
28,632
132,952
139,467 205,424
4,376
18,324
38,966
70,924
12, 977
29
576,122
451
4,602
14,722
756,652 18,883,650
823,936
919,019 2,633,884
1,033
25,878
503, 748
14,510
265,161
24,223
865,569
10,221
215,969
26,178
564,529
23,374
562,789
10,124
231,156
12,978
446,225
17,252
409,560
43,644 1,287,732
10, 785
329,926
25,432
727,310
19,493
374,020
12, 571
12,870
32, 625
6,741
18,137
12,340
5,388
7,843
7,320
18,420
3,966
23,984
10,875
64
233
9
473
89
50
20
- -
8,075
1,859
4,343
39,199
11,800
26,936
Certified IndividStates
States
uals, part- U.S. Postal
and
and
Banks in Banks in
and
Banks in Banks in
political United
foreign cashiers' nerships, Govern- savings political United foreign
counsubdiviand cor- ment
States countries checks,
subdiviStates
tries
sions
porations
etc 1
sions
2,012,874
5,534
8,305
360
523
Total Eastern States. 40,590
IndividU.S.
Common uals, part- Governnerships,
stock
and corment
porations
Time deposits
531,400 13,419,867
48,223 1,212,847
130,938 2,900,290
11,849
358,957
24,442
672, 574
9,800
319,115
1,786
38,392
2,198
Demand deposits
1,971
264,092
6,783,694
57,087
46,555
94,366
34,855
84,001
88,774
46,789
96,679
137,129
152,937
41,549
71,229
64,404
71,486
13,387
232,890
7,832
42,817
19,740
2,596
45,476
49,833
57,243
14,121
141,166
10,142
173,080 1,016,354
708,729
4,127
350
770
34,898
13,055
22, 744
403,447
408,511
187,331
4,123,015
561,595
1,885,493
75,944
310
27
930
263
76
150
40
3,627
252
1,271
1,930
91
937
39
10
591
7,569,392
1,530
266
8,108
640
8,743
306
272
360
4,007
8,671
320
19
200,755
22,326
44,108
9,681
4,081
136,530
258
199
896
4,101
738,877 16,876,770
42,654 1,818,636
43,194 2, 541,194
8,789
177,364
11,083
736, 798
7,290
112, 447
586,172
851,887 22,263,209
22,359
339
280, 951
137,292
543,403
594
49
965
2,310
575
655
230
15
338,179
145, 511
317,918
45, 778
210.687
225,828
91,460
94, 522
128,170
205, 592
57, 656
153, 761
211,154
2,646
376
2,946
622
1,776
1,166
474
999
3,003
37
240
4,084
74
2,252
350
6,962
5
488
3,010
33
48
8
11,124
11, 755
17,415
1,459
7,549
7,097
1,326
3,467
4,246
17,886
2,299
8,624
2,684
383
18
459
5
61
25,592
673
67,480
840
3,081
17,474
618
32
628
20,865
396
3,007
8,505
1,202
96,931
2,226,216
18,443
14,026
149,191
140
38
48
566
354
305
526,478
500
16,425
1,052
780
17
556
7,783
15
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
Virgin Islands of the United
States
Total possessions
Total United States
and possessions
865
697
365
563
1,727
1,810
472
861
405
2,597
5,168
93,487
30,658
76,280
72, 241
39,761
22, 700
37,330
79,041
2,408,351
947,287
2,301,959
1,420,120
878,694
456,629
1,077, 554
1,807,440
451,498 11,298,034
2,053,339
579, 641
1, 314, 554
1,601,255
875,462
654,706
490,614
590,070
1,136
1,724
58
627
21
11
15
199
735
171
42
26
215
257
151
83
88,192
40
58, 724
22, 592
3,702
10,009
90
4,699
475
1,069
1,910
48,910
17,227
34,451
43,563
18,871
10,006
17,890
16,673
7,650
207, 591
8,159,641
3,791
1,680
188,048
1,765
1,445
1,863
2,972
5,659
2,838
873
4,561
1,108
4,237
56,552
55,138
46,265
132,948
60,198
19,175
98,833
20,717
62,938
28
9
16
50
9
1,052
2,428
3
1
7
5
31
4
5
10
332
15
50,998
4,629
61
455
357
200
8,234
71
292
25, 556
552,764
3,595
400
65,297
10
359,391
106, 560
1,803,662
35,778
165, 935
15,495
42,442
10
6
1
12
46
890
3,272
10
46
4,245
126,380
72
1,613
16
1,063
2, 529,263
2,787
45
133,419
4,508
5,189
618,624 1, 317,993 43,300,485
52, 505
16,756
825,014
151,998
548,612
9,393
2,186
6,521
92,369
71,078
441
2
17
175
2,200
12
650
600
38
2,000
7,709
44,482
362
159,641
160,869
127,980
186,821
72,491
71,362
143,446
234,365
139,767
14,364
190,419
38,892
28,359
3,511
20,683
371,440
2,438
129
2,230
943
421,419 1,156, 975
807,435
111, 184
28,778
86,608
53,552
31,961
11,475
36,377
61,484
36
5
7,008
5,828
11,783
19,432
5,745
1,335
10,690
2,809
8,030
166,106
181,929
359,090
548, 594
213,152
60,067
233,987
78, 548
232,519
2,910
3,109
7,601
10,465
5,037
668
4,732
4,748
5,274
56,361
24, 054
29,166
164, 902
36,184
11,084
23,934
20,129
35,939
2,812
1,398
2,478
11,374
16,002
467
25,636
243
4,913
254
72,660
2,073,992
44, 544
401,753
65,323
7,437
6,105
92,590
2,668
9,528
1,003
4,160
158,160
113,922
1,895,973
66,968
166, 201
27,977
99,244
2,933
2,184
69,492
908
3,924
400
3,674
20,439
19, 503
100,324
15,769
43,830
6,615
35,438
2,483
1,119
152,174
2,655
28,883
14
179
1,337
3
18,905
141
2,439
1,947
48,248
998
2,760
1,273
2,419
123,491
2,528,445
83,515
241,918
187, 507
20,387
60,084
47
20
35
15
143
47
3
1,321
10
13
43,335
110
1,431
25,332 1,760,605 43, 580,689 1,624,597 3,921, 539 4,486,262
1,057
7,727
33, 594
50
18,580
8,895
4,989
79,082
110,325
557
250
43,335
222,547
14
2
35
35
1,887
17,673
26,476
1,850
7,136
998
3
353
516
34
371
51
255
808
11,021
2
1
44,059
5
1,000
4,189
300
989
235
54, 526
9,975
1,904
12, 509
182,223
2,864
655
54,366
362
620, 528 1,330, 502 43,482, 708
55,369
17,411
879,380
152,360
25,332 1,803,283 43,803,236 1,668,656 3,976,065 4,496,237
i Includes dividend checks, letters of credit and travelers' checks sold for cash, and amounts due to reserve agents (transit account).
94
57
8,490
119
42,678
6,185
9,685
4,919
15,609
7,460
201
I
2,761
5
548,612
G
CO
TABLE NO. 41.—Assets and liabilities of active State commercial banks, Dec. 31, 1953 1
ASSETS
[In thousands of dollars]
Location
Number of
banks
125,129
46, ?93
80, 561
564,057
253,115
399,124
38,474
37,801
532, 576
259,237
370,268
220 1,468,379
1,338,294
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
Total Southern States
U. S.
ObligaLoans
Govern- tions of
and disment
States
counts,
obligaand
including
tions,
political
overdirect
subdidrafts
and guar- visions
anteed
11,387
4,088
9,185
66, 792
26,126
77,029
Other
bonds,
notes,
and
debentures
InvestBalances
ments
with
Corporate
other
Real and other
Bank
stocks,
assets
banks, in- premises estate indirectly
includowned
owned,
ing
Currency cluding
reprereserve
other
furnistocks of and coin balances
senting
than
Federal
bank
and cash ture and
bank
Reserve
items in fixtures premises or other
banks
process of
real
collection
estate
6,903
4,797
3,474
51,318
12,093
16,486
1,395
3,894
535
3,705
3,409
4,413
43,986
1,593
2,427
31,516
14,096
25, 049
14,767
274,051
97,351
203,192
3,240
448
838
16,089
8,657
13,233
138
88
122
280
26
359
Customers'
liability Other
on acceptances
outstanding
301,947
107,969
150,037
1,546,067
677,122
1,110,946
1
172
661
7
581
95
152
4,532
2,026
1,711
841
9,097 3,894,088
351
174
979
325
75"
Total
194,607
95,071
17,351
83,580
641,446
42,505
1,013
1,904
828, 518
234,938
304,686
9,486
50, 508
8,252
238,062
56,803
179,315
6,569
28,028
10, 540
72,450
10,913
33,487
3,884
3,873
963
166,946
47,878
85,447
8,064
26,125
9,788
5,816,631
996,183
90,362
203,028
112, 760
146,909
30,990
48,004
5,047
12,028
9,670
281
153
3,776
187
132
4,753
231
8,636
1,036
40
1,150
23,916,258
175, 523
182 9,110 2,680,130
1,207 17,490 5,203,183
5
551, 768
2,361
90
6,786 1, 210, 787
2,403
533,880
784 13,149,670 10,325,182 1,436,388
344, 248 7,617,863
252,648
4,529
15,846
177,007 127, 738 34,096,006
225
113
316
24
96
10
183
108
180
125
302
151
160
175
132
462
177
288
224
2,667
9,479,194 6,897,403
955,039
934,994
1,925,247 1, 599,705
202, 566
222, 201
493,825
176,644
201,710
519,317
125, 570
135,642
212,382
232,486
505,763
145,512
412, 589
213,888
47,777
29,165
139,282
32,114
39,127
54,132
31,619
105,807
93,661
102,601
34,171
27,092
47,406
14,630
4,261
89,049
12,619
5,364
2,866
4,861
3,462
3,427
20, 592
3,612
16,118
3,671
1,279
1,433
1,964
220
1,317
708
311
383
711
2,606
190
1,071
1,441
25,438
14, 582
51, 587
12, 264
25,891
26,450
12,579
21,478
25,370
41,638
10,888
25, 526
20, 582
229,794
98,162
355, 591
75, 776
224, 248
190,691
86, 528
165, 578
211,089
501, 528
135,332
297, 504
161, 606
12, 277
3,951
14,332
2,304
10,028
11,856
3,042
6,184
3,953
19,255
2,725
6,321
7,857
42
153
44
494
290
96
181
136
1,715
34
141
482
4,108,687 3,829,249
783,954
184, 532
13,634
314, 273
2, 733,427
104,085
4,096
434, 542
175,476
619, 713
95,994
394,356
280, 541
139,398
231,145
218,342
629,161
154,438
447,151
288,430
354,095
223, 790
522,748
113,161
320, 525
1,789
617
156
13
175
97
148
2
237
290
1
35
3,560
149
3
75
407
1,942
1,291
7,894
489
2,137
2,354
470
743
1,536
1,843
371
1,636
1,078
1,124,000
552, 773
1,802, 517
344,999
1,023, 735
1,006,662
414,694
747,355
790,998
1,826,992
487, 274
1, 235, 259
746,848
825 23,784 12,104,106
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
Virgin Islands of the United
States
Total possessions
Total United States and
possessions.
1
2
406
349
513
352
459
500
559
521
1,701,564
504,152
1,154,319
1,143,555
665,798
417,116
704,036
1,193,911
1,873,969
825,954
1,884,349
1,438,973
838,555
395,740
679, 758
1,076, 518
309,329
82,917
324,659
307,743
114,267
62,201
125,573
151,795
100,061
22, 206
128,882
39, 277
29,123
33,069
18,266
56,790
5,858
1,103
8,065
3,596
1,070
170
818
17,060
88,829
38,485
47,166
65,631
37,054
19,348
32, 257
43,155
941,549
324,066
830,438
580,809
329,678
156,282
349,362
782,906
27,920
9,762
17,070
30,503
11,841
6,015
7,460
17,398
93
62
258
305
188
111
16
1,406
10,646
651
5,556
198
1,128
226
1,399
206
94
42
353
38
95
16
55
628
3,659
7,484,451
9,013,816 1,478,484
427,674
37, 740
371,925
4,295,090
127,969
2,439
20,010
1,321
114
134
295
434
71
28
85
26
185
105,916
102,156
162,831
334,291
108,868
29,849
166,334
43, 243
143,779
178,136
124,400
201,382
301,935
139,034
35, 576
150,113
46,159
110,555
27,939
11,198
18,177
94,809
15,744
4,204
13,302
3,828
26,762
8,985
1,728
4,794
3,302
8,394
719
2,624
18
1,626
15
102
155
281
288
68
396
59
69
3,967
3,851
6,128
13, 503
4,832
1,506
6,907
4,503
7,855
38,157
49,349
90,805
192, 447
73,781
27,196
91,682
36,819
83,875
694
943
1,697
3,731
1,034
617
2,259
1,281
1,536
15
4
30
31
19
7
9
108
13
1,372
1,197,267
1,287,290
215,963
32,190
1,433
53,052
684, 111
13, 792
79
49
116
27
45
3
11
118,075
87,166
1, 749,103
51,952
172,079
24,769
58,816
105,040
88,084
1,577,236
44,497
141,561
17, 715
77,264
24,004
18,672
244,531
7,070
25,137
999
14,300
3,803
376
78,863
196
1,517
145
9,124
213
125
5,779
74
454
30
130
6,513
4,830
39,291
2,413
5,264
1,454
4,879
55, 579
39,255
798,301
24,358
95,403
9,467
31,353
2,976
2,462
39, 789
796
2,899
592
2,582
330
2,261,960
2,051,397
334,713
94,024
6,805
64,644
1,053, 716
202,533 1,231,722 17,025,653
9,032 29,670,414 27,845,228 4,444,109 1,352,808
12
(2)
(3)
8
11
1
14,190
1,563
4,183
96,275
172,172
47
74,230
60,449
916
1,656
11,353
28,685
2,187
9,122
7,287
2
112
129
163
288,542
155, 740
41,857
18,602
1,070
6
34
9,066 29,958,956 28,000,968 4,485,966 1,371,410
Includes stock savings banks.
4 branches of 2 American national banks.
»Branch of an American national bank.
18,281
1,735
2,260
3,265
991
8, 597
20,681
69
6,888
1,368
75
34, 714
33,896
357
128
5,074,364
1,811,623
4,414,021
3,618,025
2,030,809
1,092,071
1,920,194
3,349,041
49,229 23,310,148
229
142
533
434
473
37
1,554
88
642
364,053
293,873
486, 532
944,892
352,467
99,781
435,449
136 193
376,803
2
65
87
91
204
236
373
204
4,132
3,490,043
29
11
234
69
26
3
634
115
14
382
10
1,000
26
383
423
13,901
110
317
213
523
316, 756
241,418
4, 551,641
131,545
445,657
55,387
199,673
52,096
1,006
1,589
15,870
5,942,077
593,095
13,319
43,282
548
35
45
3,632
5,281
3
42
4,231
68
4,257
184,455 229,850 82,836,468
58
319
404
347
49
19
1,307
1,326
116
13,852
17,677
1,024
14,946
7
46,168
21,818
23,029
240, 702
345,157
1,399
36
144
143
33
36,007
77,441
9,577
823
396
203,603 1,267, 729 17,103,094
602,672
14,142
43,678
1,070
14,452
2,223
12,906
7,397
2,012
1,777
1,194
7,268
766
47,658
679,039
185, 781 277,508 83, 515,507
TABLE N O . 41.—Assets and liabilities of active State commercial banks, Dec. 81, 1953—Continued
to
LIABILITIES
[In thousands of dollars]
Demand
deposits
Location
142,837
19,063
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
42,495
1,126,063
372,988
732,150
Total New England States.
130,802
76,710
92,292
265,500
242,838
284,227
273,639
95,773
134,787
1,391,563
615,826
1,016,377
Acceptances executed by
or for account of reporting
banks and
outstanding
2,039
706
705
25
450
Other liabilities
1
172
661
7
461
19,451
8,994
10,520
Capital
stock 1
8,199
1,859
5,180
40,024
11,800
26,911
Surplus
8,500
5,145
4,949
61,987
30,209
38,990
Reserves
and retirement account for
Undivided preferred
profits
stock and
capital
notes and
debentures
7,956
4,128
3,476
26,460
9,405
15,400
333
793
5,960
227
2,226
3,527,965
2,085
841
42,171
93,973
149,780
66,825
10,448
-
18,047,405
1,459,377
3,391,291
409,830
809,655
349,858
3,385,791
1,013,466
1,277,759
83,743
302,350
137,543
21,433,196
2,472,843
4,669,050
493, 573
1,112,005
487,401
24,473
200
475
188,437
182
1,225
5
90
251,639
24,291
49,435
5,954
10,830
5,431
572,251
58,726
131,298
11,849
24,965
9,800
1,036,970
82,003
257,992
31,162
44,820
22,300
383,813
34,828
80,193
8,977
14,074
7,130
25,479
7,057
13,515
248
4,003
1,818
_
24,467,416
6,200,652
30,668,068
25,148
189,939
347,580
1,475,247
529,015
52,120
656,156
349,728
1,242,903
266,856
711,329
691,306
287,255
599,690
608,088
1,483,112
391,861
972,361
462,133
369,278
146,959
396,271
49,555
216,513
248,133
92,815
95,553
133,236
221,953
58,751
160,874
220,350
1,025,434
496,687
1,639,174
316,411
927,842
939,439
380,070
695,243
741,324
1, 705,065
450,612
1,133,235
682,483
2,800
850
820
1,000
149
3
48
1
73
26,911
14,560
24,287
10,221
25,595
23,607
10,133
13,451
17,341
42,300
10,785
25,482
19,513
38,841
24,816
72,291
10,689
31,750
26,054
12,934
33,386
19,304
40,024
12,262
45,926
19,969
14,067
9,715
19,204
4,669
17,390
9,077
8,863
1,545
7,855
24,589
11,264
18, 703
13,978
3,997
2,255
7,038
760
7,921
2,341
715
837
1,703
6,077
1,774
2,688
2,045
8,722,778
2,410,241
264,186
388,246
160,919
40,151
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
Time deposits
Bills payable, rediscounts, and
Total de- other liaposits
bilities for
borrowed
money
_
_
Total Southern States
2,435,596
1,
11,133,019
200
300
77
407
11,801
3,887
39,655
1,248
12,795
6,135
1,659
2,427
3,421
8,937
577
8,948
8,153
7,115
827
109,643
320
456
i,
44,347
11,999
31,794
32,394
6,052
3,479
3,092
28, 536
94,622
31,280
76,280
73,907
42,134
22,700
37,996
79,918
156,665
44,275
96,456
85,384
54,849
28,670
54,318
81,980
62,363
28,934
54,943
48,067
32,025
19,970
42,099
61,840
3,567
2,020
36,720
11,129
3,948
7,092
6,475
6,736
21,655,267
2,500
1,326
161,693
458,837
602,597
350,241
77,687
337,213
272,136
447,638
874,444
333,832
92,548
400,969
128,324
346,130
175
1,362
530
229
1,019
1,696
1,453
281
4,758
574
1,723
7,008
5,875
11,803
19,467
5,760
1,478
10,690
2,845
8,035
8,665
6,499
14,210
27,005
6,723
3,013
10,205
2,327
9,336
6,148
7,827
9,389
19,940
4,168
2,114
6,472
866
9,524
4,314
1,307
1,758
1,666
531
347
1,296
1,257
693
622,066
3,233,234
3,781
204
12,263
72,961
87,983
66,448
13,169
103,757
86,273
1,940,276
35,850
167,872
15,497
43,521
291,548
224,947
4,225,392
123,148
413,471
51,776
184,616
400
26
105
4,247
1,932
1,525
43,021
809
3,539
1,053
2,062
7,440
6,105
93,911
2,668
9,648
1,003
4,160
9,555
6,185
116,078
3,193
12,166
1,023
6,083
5,093
2,250
61,680
1,440
6,478
532
2,099
762
406
7,207
287
355
2,393,046
5,514,898
505
4,273
53,941
124,935
154,283
79,572
9,670
55,224,245
20,508,206
75,732,451
41,134
197,410
727,291
1,823,781
2,858,136
1,253,020
203,245
33,582
19,629
12,053
115,375
162,934
794
120
9,537
2,186
10,721
100,690
116,610
441
235
43,119
21,815
22,774
216,065
279,544
1,235
355
1,032
956
722
275
106
5,095
19
1,312
64
3
255
1,914
13,233
7,727
33, 594
50
250
8,451
9,395
65
50
3,654
1,437
46
102
2,766
1,547
3
344,487
240,420
584,907
5,201
1,331
15,478
42,653
18,917
5,961
4,591
55,568,732 20,748,626
76,317,358
46,335
198,741
742,769
1,866,434
2,877,053
1,258,981
207,836
2,857,346
1,158, 769
2,743,647
1,743,165
1,030,290
552,679
1,286,227
2,493,312
Total United States (exclusive of possessions)
Alaska
Canal Zone (Panama)
Guam
The Territory of Hawaii
Puerto Kico
American Samoa
Virgin Islands of the United States
Total possessions
__.
107,579
59,783
46,331
133,450
60,619
19,389
108,119
23,548
63,248
187,791
138,674
2,285,116
87,298
245,599
36,279
141,095
Total Pacific States
7,789,832
2,611,168
Total Western States
4,712,506
1,693,073
4,117,025
3,367,106
1,891,706
1,009,894
1,775,559
3,088,398
229,634
212,353
401,307
740,994
273,213
73,159
292,850
104,776
282,882
Washington
Oregon
California
Idaho
Utah..
Nevada.
Arizona.
1,855,160
534,304
1,373,378
1,623,941
861,416
457,215
489,332
595,086
13,865,435
Total Middle Western States
I North Dakota
South Dakota
Jj Nebraska
10 Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma
Total United States and possessions
250
600
1,000
94
42
353
38
95
16
55
633
3,121,852
Ohio
Indiana
Illinois
Michigan
co Wisconsin
g Minnesota
co Iowa
££ Missouri
i Includes capital notes and debentures. (See classification on pp. 176 and 177.)
200
450
715
674
855
204
9
653
o
E
§
TABLE NO. 41.—Assets and liabilities of active State commercial banks, Dec. 31, 1958—Continued
[In thousands of dollars]
Loans and discounts
Commercial
and
industrial
loans
(including
openmarket
paper)
Location
Maine
New HampshireVermont
MassachusettsRhode Island
Connecticut
Total New
States
35,491
3,813
8,843
233,819
87,073
113,958
England
482,997
Loans to
farmers
directly
guaranteed
by the
Commodity
Credit
Corporation
273
7
187
535
733
1,735
Other
Real-estate loans
loans for
the purLoans to pose of Secured Secured
brokers purchasby
by
Other
ing or
farm
and
resiSecured
loans to dealers carrying
land
dential
by
farmers
stocks, (includin
propother
ing
securities bonds,
erties
propimand
(other
erties
proveother
than
securities ments)
farm)
6,134
339
5,171
2,111
1,342
4,425
7,618
1,494
4,163
19,522
159
16,515
1,626
5,581
3,522
1,401
6,807
1,176
2,033
3,078
33,961
28,730
37,396
95,537
82,181
125, 285
13,302
6,730
8,593
49,033
22,910
All
other
Other
loans
loans to Loans
individ- to banks (including
uals
overdrafts)
31,321
5,135
11, 789
156,479
47,031
118,333
56
5,270
5,139
13,434
25,144
18,017
403,090
129,107
103,919
6,911
2,085
1,928
770
1,023
30, 721 1,106,104
1,977
9,314
10,446
38,912
2,512
3,155
7,074
812
92
3,142
278,499
17,024
35,661
1,996
12,927
424
16. 513
2,020
819,683
380,442
409,915
63,008
106,949
50,718
175, 498 1, 204, 567
63,532 247, 720
107,387 623,440
55, 952
12,325
129,488
31,324
15,205
69,363
76,179
6, 641, 633
116, 636
52,822 1,161,439
346, 531
405, 271 2, 330, 530
76, 759
94,053
26,680
232,030
15,030
116,252
77,162
22, 111
64,831
55,256
170,864
22,901
128,018
45,844
5,536
1.697
8,780
12, 949
27,053
148
16,367
47,850
11,780
58,962
45,951
4,995
14,028
15,299
4,050
19,546
6,413
20,465
12,061
15, 748
1,300
19,131
12,071
84,430
20,531
30,871
24,045
1,226
370
217
856
465
1,059
181
725
110
163, 371
55,754
218. 267
29, 761
103,879
98,159
40,520
45,074
65, 951
222, 235
29,645
127,027
106,001
Total Southern States., 1,071,032
256,096
284,661
10,187
231,352 1, 305, 644
Total Eastern States
Virginia
_
West Virginia...
North Carolina.
South Carolina..
Georgia
Florida
_.
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
1.564
144
3,270
1,262
5,223
11,114
1,513
5,246
4,942
1,964
5,917
1,140
9,987
1,261
15,114
6,759
11,804
52,254 1,830, 715
1,537
16,879
6,326
26,253
5,603
21,323
8,168
11,586
15,121
12,402
10.350
9,150
41,098
27.257
106,300
56,589
65,040
19,418
77,720
55, 592
25,110
20.926
37,322
47,497
17,393
74,052
50,665
59,974
211, 516
653,624
25,457
16, 715
39,097
4,497
20,445
21,304
6,522
11,328
19,605
20,802
6,651
23, 590
15, 339
126,672
46,425
81,450
572,310
256, 589
404,020
21,065
1,487,466
~2,~796~
5, 547,241
211,663
675, 910
73,508
79,727
53,584
New York
New Jersey
Pennsylvania
Delaware.Maryland
District of Columbia-
1,630
257
2,078
Total
gross
loans
3,267
500
~~80"
269,103 9, 628.027
953,380
12, 777
41, 371 1, 960, 741
223,182
391,330
10,375
202, 599
9,004
valuation
reserves
1.543
32
889
8,253
3,474
4,896
125,129
46,393
80,561
564,057
253,115
399,124
19,087
1,468,379
148,833 9, 479,194
18,386
934, 994
35, 494 1, 925, 247
222,201
981
5,006
386,324
201, 710
344, 669 13,359, 259
13,149, 670
475
490
1,984
4,510
5,138
1,041
3,619
5,822
6,820
1,724
12,664
6,408
438, 926
177,389
630. 707
97,168
398,409
283,104
141,186
234,668
221,814
633.040
155, 388
452, 383
291, 724
4,384
1,913
10, 994
1,174
4,053
2,563
1,788
3,523
3,472
3,879
950
5.232
3,294
434, 542
175, 476
619, 713
95, 994
394, 356
280,541
139,398
231.145
218,342
629,161
154,438
447,151
288,430
3,485
68,335
4,155, 906
47,219
4,108,687
821
290
60
7,905
4,211
Net
loans
Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri
_
432, 820
72, 976
438, 749
203, 418
155,115
38,590
98, 620
354,680
North Dakota
South Dakota
Nebraska
.
Kansas
Montana
_
Wyoming
Colorado
_
New Mexico
Oklahoma
49,169
591
37, 935
795
692
7
378
3,379
55, 020
2,953
41, 522
11, 223
6,744
1,329
3,716
9,974
343, 045
651,006
92. 946
132, 481
51, 261
37,073
51, 569
73,686
27, 926
2,577
11, 332
1,855
25, 594
26, 257
34, 841
60,711
99,154
22, 496
9,778
30,563
8,747
31,545
155,053
282, 873
324,092
26, 323
16, 521
454, 974
10, 615
43,266
3,319
13, 937
12,954
2,136
10,954
7,015
2,851
81
155
568, 955
Total Middle Western
States.
43, 715
52, 781
84, 463
53, 742
65, 412
94, 533
171, 721
84,639
3,515
5,427
13,838
43,803
13, 769
4,067
38, 718
11,171
20, 745
_
-
31,130
19. 498
60,616
10,380
2,597
54,264
115, 589
48. 971
1, 794,968
.
36,146
50, 938
34, 728
21, 419
34, 916
54, 321
27, 497
49, 519
37. 601
505, 469
166, 803
199,123
417, 593
216,224
108, 800
125, 570
283,156
310,939 2, 022, 738
414,221
130, 991
216, 471
331, 257
106, 201
72, 821
107,103
290, 809
409, 358 1, 669, 874
92, 359
25, 255
40, 567
70, 813
56, 913
18, 596
30, 397
74, 458
33
1
5,100
50,835
4,571
26, 478
19, 815
11, 826
3,017
6,946
14. 693
1, 725, 696
511,147
1,167, 543
1,153,952
676,045
419, 487
709, 560
1, 207, 460
24,132
6,995
13, 224
10,397
10,247
2,371
5,524
13, 549
1, 701, 564
504,152
1.154, 319
1,143, 555
665, 798
417. 116
704,036
1,193, 911
5,354
138,181
7, 570, 890
86, 439
7, 484, 451
152
100
489
1,363
2,501
1,076
112
551
360
535
106, 796
103, 377
165,012
335, 862
110, 691
30, 038
168,041
44.205
144, 771
880
1,221
2,181
1,571
1,823
189
1,707
962
992
105, 916
102,156
162, 831
334, 291
108, 868
29,849
166,334
43,243
143, 779
556
7,087
1, 208, 793
11, 526
1,197, 267
925
1,279
31, 540
288
1,788
60
51
119,035
88,164
1, 778,173
52,493
173, 588
24, 936
59,325
960
998
29,070
541
1,509
167
509
118,075
87,166
1, 749,103
51,952
172,079
24, 769
58,816
35, 931
2, 295, 714
33,754
2, 261,960
20
200
284
112
180
731
1, 031
727
88
2,311
203
698
4,281
2,775
5,312
13, 002
1,846
799
1,752
1,092
3,244
10, 021
12,157
10, 984
39, 211
18, 401
6,140
20, 826
5,587
8,329
1,124
2,178
2,440
8,535
3,937
1,708
5,567
2,208
2,965
10,125
8,250
18,064
54,506
20, 513
4,769
55,322
12, 982
50,680
1,419
6,081
34,103
131, 656
30, 662
235, 211
8,273
5,961
35, 846
13,788
19, 673
2,966
6,037
28, 099
6
152
204
417
12,395
419
1,422
1
115
4,781
2,579
26, 759
824
5,927
160
992
31,068
29,702
738,101
5,972
47,815
9,122
16, 747
9,236
4,382
134, 824
1,549
13, 698
2,616
2,895
25, 271
25,187
304. 630
12, 017
36,996
6,611
18,396
92, 544
28, 257
14, 973
42,022
878, 527
169, 200
429,108
51
Total United States (exclusive of possessions). 10, 714, 638 1, 036, 531 1,424, 647 1, 307, 682
585,184
668,851 5, 920, 350 1, 374, 950 6,340,455
89,472
._
-
Total Western StatesWashington
Oregon
California
Idaho
Utah
Nevada
Arizona
__
.
Total Pacific States
Alaska
Canal Zone (Panama)
Guam
_ __
_ __
The Territory of HawaiiPuerto Rico _
American Samoa
Virgin Islands of the United
States
Total possessions
Total United States
and possessions
8,032
1,485
1,819
15,164
85, 479
402
733
615, 268 30,078,028
57
9,722
289,507
671,175 5,987,152 1, 396. 632 6,386,167
89,682
407, 614 29, 670,414
•112
210
76
13, 426
6,222
1
23
21,682
150
13, 470
230
2,321
17,195
150
13, 700
2,324
66,802
10,826,648 1,036, 531 1,441,842 1,307, 832
598,884
51
45,712
1,957
17,193
31
112,010
366
210
282
77
1,613
11, 810
31,860
47
4,171
668
40, 926
21, 037
_
31
2
1
7
1,524
8,131
3
2
7
14,449
1,563
4,183
96,320
172,833
47
624,990 30,367, 535
259
45
661
14,190
1,563
4,183
96, 275
172,172
47
112
965
288,542
408, 579 29,958,956
TABLE N O . 41.—Assets and liabilities of active State commercial banks, Dec, 81, 1958—Continued
[In thousands of dollars]
Capital
IndividCapital
States
uals, part- U . S .
notes
Preand
ferred Common nerships, Govern- political
and
stock
and cordeben- stoek
ment
subdiviporations
tures
sions
Location
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total New
States
124
_ _
837
825
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
Demand deposits
50
33
__ _
Total Southern States
5
16,824
2,979
5,906
79,230
33,402
47,112
3,855
980
321
47,113
7,458
23,657
185,453
1,326
1,867
20
4,106
350
768
34,898
12,972
22,353
128,110
76,555
91,550
262,554
242,334
283,951
292
15
930
263
76
150
40
2,400
156
709
1,930
91
236
18
10
5,521
28
77,275
83,384
3,213
75,447
1,085,054
1,500
616,436
51,475
106,619
19,384
21,502
6,346
556,621 2,328,327
132,910
28,607
138,914 205,424
18,324
4,376
70,924
38,966
29
12,977
546,525
451
4,602
896
4,101
730,454
41,950
43,025
8,789
6,269
7,290
2,514,725
995,136
1,232, 557
73, 778
294,238
112,447
8,743
306
272
360
4,007
8,671
14, 722
753,577 18,714,903
821,762
917, 722 2,618,677
556, 575
837,777
5,222,881
22,359
339
1,033
503, 748
25,878
265,161
14, 510
865, 569
24,223
215,969
10,221
558,789
25,562
562,789
23,374
231,156
10,124
446,225
12,978
409, 560
17, 252
42,295 1,241,191
329,926
10,785
727, 310
25,432
374,020
19,493
12,571
12,870
32,625
6,741
18,137
12,340
5,388
7,843
7,320
18,095
3,966
23,984
10,875
140
338,179
145,511
317,918
45,778
210,593
225,828
91,460
94,522
128,170
200,717
57,656
153,761
211,154
2,646
376
2,946
622
1,776
1,166
474
999
3,003
37
240
4,084
74
2,252
350
6,962
5
488
3,010
33
48
8
11,124
11,755
17,415
1,459
7,537
7,097
1,326
3,467
4,246
17,424
2,299
8,624
2,684
383
18
459
5
61
25,592
673
67,480
840
3,081
17,474
618
32
628
20,401
396
3,007
8,505
1,202
96,457
2,221,247
18,443
14,026
148,727
64
233
9
473
89
50
20
88
92,187
4,985
349
1,679
31,120
10,814
28,328
States
U.S.
Banks Banks
in
and
Gov- Postal political
in
ern- savings subdivi- United foreign
counment
States tries
sions
2,010,824
5,534
8,305
360
523
40,590
113,067
14,405
33,821
932,376
306,475
610,680
IndividBanks Certified uals, partand
in
cashiers' nerships,
foreign
and corcountries checks, porations
etc.i
528,325 13,269,042
48,223 1,203,984
130,938 2,892,707
358,957
11,849
671,098
24,442
319,115
9,800
1,786
38,392
2,198
8,075
1,859
4,343
39,199
11,800
26,911
Banks
in
United
States
Time deposits
1,971
262,127
6, 731,413
57,087
46, 555
94,366
34,855
84,001
88, 774
46, 789
96,679
137,129
149,170
41, 549
71, 229
64, 404
71,486
13,387
232,890
7,832
42,817
19,740
2,596
45,476
49,833
56,878
14,121
141,166
10,142
172,755 1,012, 587
708,364
38
48
566
354
266
320
19
200,754 136,441 525,128
17,922
102
199
500
43,911
9,605
5
4,081
16,425
276,273 136, 747 542,053
594
49
965
2,310
575
655
230
15
1,052
780
17
556
7,783
15
Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri
865
697
861
405
2,597
*5,168
93,392
30, 583
76,280
72,180
39 761
22,700
37,135
79,041
2,399,906
939, 267
2,301,959
1,419,430
878,628
456,629
1,068,105
1,807,440
451,072 11,271,364
1,770,935
531,311
1,314, 554
1,600,602
857,424
446,938
489,041
590,070
1,136
1,724
58
627
21
11
15
199
735
171
42
26
215
257
151
83
82,304
40
58,724
22, 592
3,699
10,009
90
4,699
45
1,058
1,910
47, 733
17,071
34,451
43,555
18,871
9,702
17,890
16,673
7,650
205,946
7,600,875
3,791
1,680
182,157
1,324
1,445
1,863
2,972
5,659
2,838
873
4,561
1,108
4,237
56, 552
55,138
46,265
132,948
60,198
19,175
98,833
20,717
62,938
28
9
16
50
9
1,052
2,428
3
1
7
5
31
4
5
10
332
15
50, 998
4,629
61
455
357
200
8,234
71
292
25, 556
552,764
3, 595
400
65,297
10
102,670
82,027
1,803,662
35, 778
165,935
15, 495
42,442
10
6
1
12
46
4,235
126,380
72
1,613
25
10
3,272
156,330
159,260
127,980
186,794
72,491
71,362
143,172
234,365
139, 767
14,339
190,419
38,892
28,359
3,511
20,683
371,440
2,438
129
2,230
943
421,311 1,151,754
807,410
111,172
28, 703
86,608
53, 551
31,941
11,475
36,377
61,484
36
5
North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma
7,008
5,828
11,783
19,432
5,745
1,335
10,690
2,809
8,030
166,106
181, 929
359,090
548,594
213,152
60,067
233,987
78,548
232, 519
2,910
3,109
7,601
10,465
5,037
668
4,732
4,748
5,274
56,361
24,054
29,166
164, 902
36,184
11,084
23,934
20,129
35,939
2,812
1,398
2,478
11,374
16,002
467
25,636
243
4,913
254
72,660
2,073,992
44, 544
401, 753
65, 323
7,437
6,105
92, 590
2,668
9,528
1,003
4,160
158,160
113,922
1,895,973
66,968
166,201
27,977
99,244
2,933
2,180
69,492
908
3,924
400
3,674
20,439
19, 503
100,324
15,769
43,830
6,615
35, 438
2,483
1,119
152,174
2,655
28,883
14
179
1,337
3
18,905
141
2,439
1,947
48, 248
998
2,760
1,273
2,419
123,491
2, 528,445
83,511
241,918
187, 507
20,387
60,084
47
20
35
15
143
Total Western States
47
Washington
Oregon
California
Idaho
Utah
Nevada
Arizona
Total Pacific States
1,727
1,810
472
Total Middle Western
States
365
563
__
3
1,321
16
_
13
Total United States (exclusive of possessions) __ 43,335
Alaska
Canal Zone (Panama)
Guam
The Territory of Hawaii
Puerto Rico
1,431
25,332 1, 755,114 43,330,941 1, 621,158 3,911,187 4,470,665
7,727
33,594
50
17,885
8,895
4,989
79,082
110,325
557
250
42,653
Total possessions
221,852
43,335
6,135
9,685
4,919
15,609
7,460
201
10
16
2,787
45
133,409
589, 027 1,301,267 18,930,830
52,475
16, 756
2
17
44,009
1,850
7,136
2,200
12
650
600
38
2,000
7,709
44,482
9,343
2,186
6,521
92, 369
71,078
441
54,244
9,972
25,332 1,797,767 43, 552, 793 1,665,167 3,965,431 4,480,637
^
»I
hi
o
1,000
4,189
!-:
O
f1
12,506
182,173
2,864
655
590,931 1,313,773 19,113,003
55,339
17,411
300
W
5,189
O
811,384 149,499 547,262
£j
3,607
235
986
1,887
17,673
26,476
35
35
175
368
51
255
808
11,021
2
1
8,208
94
57
1,063
2,248,009
998
3
353
516
34
1,904
i Includes dividend checks, letters of credit and travelers' checks sold for cash, and amounts due to reserve agents (transit account).
2,761
14
2
1
119
1,032
Virgin Islands of the United
States
Total United States a n d
possessions
110
'
5
362
c^
£d
£0
54,366
362
865, 750 149,861 547,262
H
TABLE NO. 42.—Assets and liabilities of active mutual savings banks, Dec. 81, 1953
00
ASSETS
[In thousands of dollars]
Number of
banks
Location
Maine
New TTftmpshirp
Vermont
M assachusetts
Rhode Island
Connecticut. _
145,421
145,384
20,712
1,708,126
134,776
772,387
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
1,469
2,328
902
18,989
1,944
8,655
307
311
123
513
1
421
296,333
34,754
167,009
34,287
1,676
118,965
4,259
6,289
5,146
68,811
5,788
5,929
146
1,566
566,198
31,556
33,114
3,979
15,554
90,150
6,375
8,791
423
2,230
573
84
150
65
132,485 15,919,850
3,566
922,812
7,102 1,407,479
120,932
4
501,056
21,577
344,608 2,149,993
134,659
82,240
650,401
107,969
872
164,734 18,872,129
31,233
2,546
484
38,635
119
20
44
7,451
339
255
399
17,292
3,668
2,015
6,240
1,463
160
65
300
72,898
183
8,444
29,215
1,988
29,862
212
940
91
8,363
1,342
821
73
12,743
25,460
1,006
178,391
16,616
62,117
36,152
609,459
266, 513 1,312,836
21,670 175,467
39,439 540,553
57,670
12,647
63,467
4,339
Total Middle
States
Western
Washington
Oregon
__
Total Pacific States
Total United States
3,197,894
2,926,806
8,363,418
361,835
381,494
21,829
148,265
4,999,901
312,212
384,768
18,938
243,993
9,276,841
5,959,812
3
4
4
1
Total Eastern States
Ohio
Indiana
Wisconsin
Minnesota
341
170
__ ._
Total
assets
12,848
10,749
3,656
85,603
7,569
46, 584
44,873
19,863
1,490
292,640
41,786
208,807
92,301
173,241
78,068
2,038,360
148,917
667,007
130
23
7
2
8
_
Customers' liability on Other
accept- assets
ances outstanding
1,925
1,184
653
18,671
2,280
10,041
5,139
2,007
308
20,103
275
8,320
32
34
7
188
8
72
Total New England States.
New York
New Jersey
Pennsylvania
Delaware
Maryland
U.S.
ObligaLoans
Governand dis- ment ob- tions of
States
counts,
ligations,
and
including direct and political
overguaran- subdividrafts
teed
sions
Balances
with
other
Corporate
banks,
stocks,
including Currency including
reserve
stocks of and coin balances
Federal
and cash
Reserve
items in
banks
process
of collection
170,231
23,154
6,034
99,493
92, 741
25,047
9,585
59,867
1,699
1,770
1,194
20,051
12
298,912
187,240
24,714
4
1
134,027
17,563
102,619
7,463
1,943
15
5
151,590
110,082
1,958
29,862
212
1,031
9,705
894
6
528 12,925,237
9,183,940
407,432 2,862,212
431,387
126,469
856,330
145,138
2,668
229
167
129
6,515
290
15,036
317,255
380,694
107,047
4,367,911
354,454
1,799,375
22,366
7,326,736
114
1,161
4
7
12
323,390
56,708
19,683
225, 111
114
1,184
624,892
6
764
103
279, 551
26,656
867
306, 207
189,151 27,129,964
LIABILITIES
[In thousands of dollars]
21
Maine
New TTampshire
Vermont
Massachusetts
Rhode Island
Connecticut
__
-
.-
-
22,110
26,095
1,983
264,292
29,857
117,710
16,563
17,772
3,647
212,996
3,140
66,627
744
2,583
2 3,999
1,293
55
2,968
6,487,133
6,489,084
43,218
462,047
320,745
14,361,884
837,776
1,297,149
103,662
449,175
50
106,813
6,019
6,000
289
3,556
1,048,196
76,345
96,566
16,613
19,320
310,733
418
4,064
165
28,359
92,224
2,254
3,700
203
596
20,137
17,029,509
17,049,646
50
122,677
1,257,040
343,739
298,962
51,822
18,127
208,072
4,064
104
87
454
19,215
3,664
1,295
15,000
328
639
166
785
821
479
8
800
4,709
39,174
1,918
2,108
2,124
225
15, 575
580
3,456
424
1,654
2,349
16,155
3,880
1,654
.
172,953
1,774,416
670,282
114,381
15,700
561,283
576,983
256,742
25,423
256,742
25,427
4
-
w
98, 977
287,773
47,701
18,041
207,768
w
11,642
14,358,018
828,060
1,296,909
103,662
442,860
4
Total Pacific States
1
1,235
2,191
422
28,529
2,047
8,794
Undivided
profits
11,189
4,121
86
304
--
Washington
Oregon
2
276,603
332,053
96,996
3,860,801
319,355
1,603,276
Surplus 1
6,315
Total Middle Western States
Total United States
276, 582
332,053
96,376
3,860,461
319,261
1,602,400
Other liabilities
Reserves
and retirement account for
capital
notes and
debentures
1,951
. -_
Total Eastern States
Ohio
Indiana
Wisconsin
Minnesota
620
340
94
876
Total
deposits
Acceptances
executed
by or for
account of
reporting
banks and
outstanding
3,866
9,716
240
Total New England States
New York
New Jersey .
Pennsylvania
Delaware
Maryland
Time
deposits
Demand
deposits
Location
Bills payable, rediscounts,
and other
liabilities
for borrowed
money
282,165
282,169
37, 792
24,360,090
24,397,882
= = = = =
50
w
1
Includes guaranty fund.
Includes book value of capital notes and debentures—retirable value amounts to $3,900,000.
co
TABLE NO. 42.—Assets and liabilities of active mutual savings banks, Dec. 31, 1953—Continued
00
[In thousands of dollars]
o
Loans and discounts
Commercial and
industrial
loans (including
openmarket
paper)
Location
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island..
Connecticut
Total New England States.
New York
New Jersey
Pennsylvania.. _ _
Delaware
Maryland
.,.,-,
Other
loans to
individuals
2,081
3,662
2,651
32, 764
7,020
7,830
249
889
30
608
75
96
16
42
64
909
885
658
907
81,696
1,128
134,629
1,199
5,963
61,400
5,909 1,762,331
136
136,229
4,104
618,831
6,516
29,500
5,231
244,369
5,611
40,366
1,570
3,465
18,439 2, 795,116
882
3,347
781
178
1,694
340
27
30
1,497
7,222
„
23,769
2
113
115
1,687
92,301
320
173,241
79
78,068
394
8,684 2,038,360
148,917
2,506
667,007
5,483
3,215,360
17,466 3,197,894
409
59
8, 514, 540
363,925
382,625
21,829
149,907
151,122 8,363,418
361,835
2,090
381,494
1,131
21,829
148,265
1,642
25
10,902 8,190,896 1,187,880
41,731
468
9,432,826
155,985 9,276,841
1,213
110
185
1,704
371
8,166
14,115
311
39
137
6,877
172,494
23,278
6,034
102,413
2,263
124
2,920
170,231
23,154
6,034
99,493
6,877
304, 219
5,307
298,912
134,125
17,563
98
134,027
17,563
98
151,590
1,323
Total Pacific States
31,913
Net
loans
1,947
4,520
2,269
77
16,444
121,859
18, 725
5,547
77,666
23,310
223,797
10,426
14,602
110,751
13,583
22, 501
3,931
509
49
124, 334
26,432
558
151,688
53,015 11,334,143 1,556,331
112,899
9,292 13,104,093
_ _
_
_._
Less
valuation
reserves
56,008
364
Total Middle Western
States
Total United States
92,621
173,320
78,462
2,047,044
151,423
672,490
364
,_._ .
Wisconsin
Minnesota
Washington
Oregon
_
23, 723
46
Total
gross
loans
25,089
1,359
538
11
14,734
25
2
All other
loans (including
overdrafts)
331,593
27
895
922
Loans
to
banks
8,276 7,367,073 1,113,691
33,605
328,604
273
25, 512
355,983
592
191
21,013
587
14,881
118,223
1,174
2
Total Eastern States
Ohio
Indiana
Other
Real-estate loans
Loans to
loans for
farmers
the purdirectly
Secured
Loans to pose of
guaranSecured
Other
teed by loans to brokers purchas- b y farm by resi- Secured
ing or
dential
and
the Com- farmers dealers in carrying land (in- proper- by other
modity
properties
securities stocks, cluding
Credit
ties
bonds, improve(other
Corporaand other ments)
than
tion
securities
farm)
4,813
178,856 12,925,237
[In thousands of dollars]
Time deposits
Demand deposits
ft)
Location
Maine
New Hampshire
Vermont
Massachusetts, _
Rhode Isalnd
Connecticut-__
Total New England States
New York
New Jersey.
Pennsylvania
Delaware
Maryland __
Total Eastern States
Ohio
Indiana
Wisconsin
Minnesota
Total Middle Western States
Individuals, partnerships,
and corporations
Individuals, partnerships,
and corporations
18
12
1 227
97
562
21
701
591
O
30
2,587
612
o
44
156
etc
U. S.
Government
Postal
savings
States
and
political
subdivisions
Banks in Banks in
United
foreign
States countries
62
2
5
83
20
388
275,337
331, 956
95, 781
3, 860, 461
319, 261
1, 601,108
562
828
67
494
6, 483, 904
1,429
8,863
1,905
82
160
1
42
531
704
80
1,476
1
4,404
40
76
25
4,814
14, 357, 973
823, 500
1, 296, 869
103, 586
442, 560
11,768
2,172
__
25
6,129
17, 024, 488
4,521
25~
281,
47,
18,
207,
457
690
038
768
5,886
430
11
554, 953
o
500
1,171
142
6,826
2,837
66
68
20
43
3,180
1,049
25
304
9,729
25
1,617
3
5,889
441
256, 721
24, 533
10
21
880
281, 254
10
901
13,007
3
2,454
3,104
4,229
ft*
o
4
22,059
100
W
300
4
Total Pacific States
1
Banks in Banks in
foreign
United
States countries
14
340
6
468
542
Washington
Oregon
Total United States-
States
and
political
subdivisions
Certified
and
cashiers'
checks,
1
21
U.S.
Government
4,339
50
8,240
24, 344, 599
30
o
d
w
Includes dividend checks, letters of credit and travelers' checks sold for cash, and amounts due to reserve agents (transit account).
00
TABLE NO. 43.—Assets and liabilities of active private banks, Dec. 31, 1958
00
ASSETS
[In thousands of dollars]
Number of
banks
Location
2
Total
Middle
States
Total United States (exclusive of possessions)
Alaska
Total United
possessions
States
and
65,387
68,917
3,096
14,199
480
18,886
17,295
944
1,555
430
4,951
17
Currency
and
coin
Balances
with other Bank
banks, in- premcluding
ises
reserve
owned,
balances
furniand cash
ture
items in and fixprocess of tures
collection
Real
estate
owned,
other
than
bank
premises
Investments and
other assets
indirectly
representing bank
premises
or other
real estate
Customers' liability on Other
accept- assets
ances outstanding
3
Total
assets
28
104
319
125
17
3
2,143
7,519
64
384
820
58,538
4,005
48
146
23
43
14,661
2,020
253,023
21,717
51,843
4
318
322
7,583
1,204
62,543
194
66
14,661
2,020
274,740
6,663
41
1,509
21
179
448
1,775
2,914
17,911
23
223
93
56
7,227
62,089
19,366
6,663
1,550
200
2,223
20,825
111
688
799
246
149
69,316
1,319
3,796
567
3,762
170
304
8
359
7
4
10
58
107
71
201
451
1,168
394
2,523
3
18
54
1
2,953
6,952
1,480
11,850
7,880
9,444
841
21
437
4,536
75
1
23,235
79
91,327
98,509
59,347
1,893
3,968
88,223
1,193
329
2,173
369,434
1
Western
50,651
1,192
3
5
2
7
—_
59,197
9,720
50
Total Southern States
782
59,978
5,409
38
12
Total Eastern States
Georgia
Texas
765
3
7
10
Connecticut
New York
Pennsylvania. .
Ohio
Indiana.
Michigan
Iowa.
ObligaU.S.
Other
Loans and Governtions of
bonds
Cordiscounts, ment ob- States and notes, porate
ligations,
and
including
political
stocks
overdrafts direct and subdivi- debenguaranteed
tures
sions
489
286
56
222
10
22
1
1,199
80
91,816
98,795
4,024
88,445
1,203
351
2,174
370,633
7,811
113
59,347
2,006
7,811
14,661
14,661
o
o
LIABILITIES
[In thousands of dollars]
Demand
deposits
Location
Total
deposits
Acceptances
Bills payable,
executed by or
rediscounts,
Other
and other lia- for account of
reporting banks liabilities
bilities for
and outstandborrowed
ing
money
2,597
10
3,075
13,052
1,492
16,069
2,607
3,075
43
23
616
1,349
66
Ohio
Indiana
Michigan
Iowa
2,705
6,404
1,379
11,296
Total Middle Western States
3,815
21,784
Total United States (exclusive of possessions)
Alaska
Total United States and possessions
._.
287,667
27,074
314, 741
1,033
50
1,083
288,700
27,124
315,824
5,553
17,392
228,387
5,553
94
5,339
5,846
56,799
14
5,433
62,645
14
1,756
5,764
726
9,723
949
640
653
1,573
17,969
-__
208,237
20,150
57,212
Total Southern States
Reserves
16,069
14,544
90
187
257
115
460
1,965
3,607
444
575
95
75
61
195
98
319
20
182
39
129
1
132
8
19
45
426
619
301
72
2,708
5,491
18,961
835
5,062
25
66
18,986
901
§
4,415
406
3,201
25
5,567
4,350
65
33
16,069
90
16
17
5,567
s
3
16,069
5,467
11,925
5,752
51,460
_
Undivided
profits
191
1,925
210,995
Total Eastern States
Surplus
25
434
202,770
8,225
New York
Capital
stock
2
1,491
Connecticut
Georgia
Texas
Time
deposits
2,708
I
O
I
5,062
d
B
3
TABLE NO. 43.—Assets and liabilities of active private banks, Dec. 31, 1953—Continued
[In thousands of dollars]
Loans and discounts
Location
5
Total Eastern States
Other
Secured Secured
loans to
by farm by resi- Secured individdential
land (in- properties by other
uals
cluding
improve- (other properties
than
ments)
farm)
All other
Loans loans (into
cluding
banks
overdrafts)
Total
gross
loans
Less
valuation
reserves
Net
loans
6
271
39
258
14
765
10,377
8
119
19
258
342
1,325
9
5,571
666
60,243
5,409
265
59,978
5,409
35,671
9,376
10,385
119
123
1,788
1,911
277
1,667
9
6,237
65,652
265
65,387
274
274
548
756
1,293
188
383
903
6,244
87
272
3,096
14,199
3,096
14,199
2,049
571
7,147
359
17,295
17,295
208
508
125
405
31
87
85
105
406
238
176
281
7
10
18
70
944
1,573
430
4,951
944
1,555
430
4,951
87
7,898
18
7,880
6,697
—
91,610
283
91,327
6,700
92,099
598
3,587
_.
Total Southern States
.
Real-estate loans
9,376
172
New York
Pennsylvania
Ohio
.
Indiana
Michigan
Iowa
Other
loans
for the
purpose
Loans to of purbrokers chasing
and
or carrydealers in
ing
securities stocks,
bonds,
or
other
securities
34,426
1,245
Connecticut
Georgia
Texas .
Commercial and
industrial
loans (including
openmarket
paper)
Loans to
farmers
directly
guaran- Other
teed by
the Com- loans to
modity farmers
Credit
Corporation
*
. .
Total Middle Western States.
Total United States (exclusive of possessions)
Alaska
Total United States and
possessions
4
65
286
2,059
22
4,185
69
2,345
22
103
10
39
54
9
368
10
470
1,246
308
1,101
10,417
1,143
5,477
1,195
10,173
128
66
5,605
1,261
180
258
7
308
896
73
305
28
2,518
753
999
2,924
40,781
1,068
5,274
9,376
292
41,073
1,068
5,274
9,376
10,417
1,143
10,173
9
9
765
489
489
283
91,816
[In thousands of dollars]
Time deposits
Demand deposits
Individuals, partnerships,
and corporations
Location
Connecticut
_.-
New York
Pennsylvania
Total Eastern States
Georgia
Texas
Total Southern States
Ohio
Indiana
Michigan
Iowa
Total Middle Western States
Total United States (exclusive of possessions) Alaska
Total United States and possessions
U. S.
Government
States
and
Banks in Banks in
political United
foreign
subStates countries
divisions
IndividuStates
U.S.
als, partand
Banks in Banks in
Postal
nerships, Govern- savings political United
foreign
and corpo- ment
subStates countries
rations
divisions
3
434
701
553
15,182
29,597
7,892
89
4,072
11, 768
157
1,254
15,182
29,597
7,981
15,840
157
94
4,875
4,969
464
1,488
149,396
7,583
156,979
Certified
and
cashiers'
checks,
etc 1
2
2
5,740
46, 541
325
3,767
365
12
462
52,281
325
3,767
365
474
1 619
5,183
690
9,449
7
1
131
560
27
274
6
14
8
16, 941
8
992
227,689
335
6,013
15,547
695
50
282
3
228,384
385
6,295
15,550
947
640
653
1,573
1,350
45
1,350
i
464
2
o
F
28
29,597
3,813
2
8,486
25,056
623
45
1,350
623
45
1,350
3
29,597
8,489
50~
25,106
i Includes dividend checks, letters of credit and travelers' checks sold for cash, and amounts due to reserve agents (transit account).
45
d
186
REPORT OF THE
COMPTROLLER
OF THE
CURRENCY
TABLE N O . 44.—Per capita demand and time deposits of individuals,
and corporations in all active banks, Dec. 31, 1953
Population
(approximate)
Location
Deposits of individuals, partnerships, and corporations (in thousands)
partnerships,
Per capita
Total
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
895,000
529,000
377,000
5,000,000
847,000
2,252,000
Total New England States
Demand
Time
Total
Demand
$733,134
598,116
357,317
7,515,871
1,022,629
3,351,287
$241,986
145,058
94,817
2,981,216
399,555
1,273,305
$491,148
453,058
262,500
4,534,655
623,074
2,077,982
$819.14
1,130.65
947.79
1, 503.17
1,207.35
1,488.14
$270.37
274.21
251.50
596.24
471.73
565.41
1,371.55
Time
$548.77
856.44
696.29
906.93
735.62
922.73
9,900,000
13,578,354
5,135,937
8,442,417
518.78
852.77
New York
15,469,000
New Jersey
5,284,000
Pennsylvania
10,834,000
Delaware
360,000
2,612,000
Maryland
873,000
District of Columbia...
40,514,009
5,567,529
11,479,250
569,186
2,032,767
1,101,908
21, 581,909
2,583,879
6,869,598
378,954
1,133,866
876,623
18,932,100
2,983,650
4,609,652
190, 232
898,901
225,285
2,619.05 1,395.17
1,053.66
489.00
1,059.56
634.08
1, 581.07 1,052.65
778.24
434.10
1,262.21 1,004.15
1, 223.88
564.66
425.48
528.42
344.14
258.06
35,432,000
61,264,649
33,424,829
27,839,820
1,729.08
943.35
785.73
_ _
3,617,000
1,923,000
4,291,000
2,227,000
3,624,000
3,379,000
3,103,000
2,166,000
2,873,000
8,581,000
1,863,000
2,969,000
3,319,000
1,902,559
856,617
1,645,522
655,017
1,611,219
2,036,038
1,202,870
736,588
1,548,495
6,559,402
771,179
1,497,763
1,796,380
1,185,119
563,738
1,238,048
553,817
1,238,479
1,568,408
893,922
594,836
1,217,359
5,712,173
640,135
1,221,486
1,228,122
717,440
292,879
407,474
101,200
372,740
467,630
308,948
141,752
331,136
847,229
131,044
276,277
568,258
526.00
445.46
383.48
294.13
444.60
602.56
387.65
340.07
538.98
764.41
413.94
504.47
541.24
327.65
293.16
288.52
248.69
341.75
464.17
288.08
274.62
423.72
665.68
343.60
411.41
370.03
198.35
152.30
94.96
45.44
102.85
138.39
99.57
65.45
115.26
98.73
70.34
93.06
171.21
Total Southern
States
43,935,000
22,819,649
17,855,642
4,964,007
519.40
406.41
112.99
8,668,000
4,244,000
9,228,000
6,995,000
3,598,000
3,097,000
2,599,000
4,137,000
8,147, 217
3,290,160
12,042,845
6,088,650
3,150,892
2,840,457
2,194, 755
3,819,843
4,944, 526
2,157,899
8,387,643
3,373,919
1, 754,242
1,641,106
1, 532,789
2,970,567
3,202,691
939.92
1,132,261
775.25
3,655, 202 1,305.03
2, 714,731
870.43
1,396,650
875.73
1,199, 351
917.16
661,966
844.46
849, 276
923. 34
570.43
508.46
908.93
482.33
487. 56
529.90
589.76
718.05
369.49
266.79
396.10
388.10
388.17
387.26
254.70
205.29
Total Middle
Western States- 42,566,000
41,574,819
26,762,691
628.73
347.98
Total Eastern
States
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
__
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Ohio
Indiana
Illinois
Michigan „.
Wisconsin
Minnesota
Iowa
Missouri- _-
., .
14,812,128
976.71
REPORT OF THE COMPTROLLER OF THE CURRENCY
187
TABLE NO. 44.—Per capita demand and time deposits of individuals, partnerships,
and corporations in all active banks, Dec. 31, 1953—Continued
Population
(approximate)
Location
Deposits of individuals, partnerships, and corporations (in thousands)
Total
North Dakota
South Dakota
Nebraska . .
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma
Per capita
Demand
Time
Total
Demand
$773.81
747.89
903.64
714.36
865.51
788.97
798.95
430.13
702.09
$557.25
564.21
783.79
589.43
676.03
581.29
583.97
335.09
600.58
$216.56
183.68
119.85
124.93
189.48
207.68
214.98
95.04
101.51
Time
601,000
645,000
1,374,000
2,041,000
635,000
326,000
1,483,000
772,000
2,237,000
$465,060
482,388
1,241,600
1,458,012
549,601
257,204
1,184,838
332,058
1, 570, 586
$334,907
363,912
1,076,932
1,203,035
429,280
189,499
866,029
258,687
1,343,494
$130,153
118,476
164,668
254,977
120,321
67,705
318,809
73,371
227,092
Total Western
10,114,000
States
7, 541,347
6,065,775
1,475,572
745.63
599.74
145.89
2,148,602
1,387,820
14,096,891
422,138
580,635
205, 217
522,972
1,286,679
826,819
7, 599,274
271,665
346,964
127, 755
379,979
861,923
561,001
6,497,617
150,473
233,671
77,462
142,993
835.06
837.04
1,129.02
696.60
759.99
981.90
661.73
500.07
498.68
608.63
448.29
454.14
611.27
408.14
334.99
338.36
520.39
248.31
305.85
370.63
153.59
19,364, 275 10,839,135
8,525,140
1,007.14
563.75
443.39
Total United
States (exclusive of possessions)
161,174,000 166,143,093 100,084,009 66,059,084
Washington
Oregon.
California
Idaho
Utah
Nevada
Arizona.. _
2,573,000
1,658,000
12,486,000
606,000
764,000
209,000
931,000
__ _
Total Pacific
States
Alaska
Canal Zone (Panama)..
Guam
The Territory of
Hawaii
Puerto Rico
American Samoa
Virgin Islands of the
United States
19,227,000
1,030.83
620.97
409.86
145,000
42,000
50,000
89,668
11,081
11, 510
60,850
8,895
4,989
28,818
2,186
6,521
618.40
263.83
230.20
419.66
211.78
99.78
198.74
52.05
130.42
470,000
2, 225,000
20,000
320,395
181,403
998
145,863
110,325
557
174,532
71,078
441
681.69
81.53
49.90
310.35
49.58
27.85
371.34
31.95
22.05
25,000
5,198
2,139
3,059
207.92
85.56
122.36
2,977,000
620,253
333,618
286,635
208.35
112.07
96.28
Total United
States and pos164,151,000 166,763,346 100,417,627
sessions
66,345,719
1,015.91
611.74
404.17
Total possessions.
TABLE NO, 45.—Officials
of State banking departments and number of each class of active banks in December 1953
State commercial l
Names of officials
Titles
Homer E. Robinson
Bank Commissioner
Alexander H. Miller
Timothy J. Donovan
Alexander Chmielewski
Lynwood K. Elmore
Commissioner of Banking and InsuranceCommissioner of Banks
Bank Commissioner
_
_
W. A. Lyon
Warren N. Gaffney
L. M. Campbell
Randolph Hughes
William H. Kirkwood
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Superintendent of Banks
Commissioner of Banking and Insurance..
Secretary of Banking
State Bank Commissioner
Bank Commissioner
..
63
58
37
do
Total Eastern States.
Logan R. Ritchie
John H. Hoffman
William W. Jones
C. V. Pierce
A. P. Persons
. C. M. Gay
Joe H. Williams
C. T. Johnson
Edward F. Follett
J. M. Falkner
A. R. Merritt
H. H. Carter
H. B. Clarke
Total Southern
States
-
NonNonNonMemNonMemNonmembers insured insured
bers
bers
members insured
Federal Federal
Federal Federal
Reserve Reserve
Reserve Reserve
System
System
System
System
6
1
1
25
2
15
17
10
28
34
2
35
50
153~
67
97
3
14
6
126
44
358
136
330
26
104
10
65
43
210
20
81
4
7
3
9
1
1
•
.
Commissioner of Banking
do
Commissioner of Banks .- - Chief Bank Examiner
Superintendent of Banks
Comptroller, State of Florida
Superintendent of Banks
Statp Oomntroller
State Bank Commissioner
Commissioner, Department of Banking. _.
State Bank Commissioner
Commissioner, Department of Banking. _.
Superintendent of Banks
340
423
21
183
108
180
125
340
151
160
175
132
474
177
288
224
71
36
9
8
13
11
25
7
12
137
17
20
10
112
68
170
103
280
136
135
165
119
302
154
250
207
3
1
23
6
18
7
2,717
376
2,201
90
8
11
7
8
13
1
6
3
13
253
15
137
563
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
Insured
Insured
964
do
Total New England
States
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama...
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Total
number
of
banks
4
1
14
9
4
24
23
5
5
! ; : ; j II
Location
Private
Mutual savings
188
3
67
36
305
2
2
3
130
23
7
1
7
1
1
168
2
7
10
38
12
50
Thurman R. Hazard
Joseph McCord
Orville E. Hodge
._
_ _ Maurice C. Eveland
_
Guerdon M. Matthews
_
Charles M. Wenzel .
N. P. Black
J. A. Rouveyrol
2
Total Middle Western States
JL North Dakota
J. A. Graham
w South Dakota
Roy H. Fenner
_
Nebraska
_
J. Floyd McLain—Kansas
..,_
Elmer T. Beck
Montana
R. E. Towle
Wyoming
Norris E. Hartwell
Colorado
... Frank E. Goldy
New Mexico
. . Alfred W. Kaune
Oklahoma
0. B. Mothersead
_
Total Western States.
Washington
Ray D. CarrelL
A. A. Rogers
Oregon
Maurice 0. Sparling
California
Austin Schouweiler
_
Idaho
Louis S. Leatham
Utah
Grant L. Robison
Nevada
D. 0. Saunders
Arizona
Total Pacific States.
Alaska
The Territory of Hawaii
Puerto Rico
American Samoa
Virgin Islands of the
United States
Total Dossessions
Ohio
Indiana
Illinois...
oo Michigan
§ Wisconsin
co Minnesota
oo Iowa
] Missouri
Total United States
and possessions
Superintendent of Banks
Director, Department of Financial Institutions.
Auditor of Public Accounts._
Commissioner, State Banking DepartmentCommissioner of Banks
do
Superintendent of Banking-__
Commissioner of Finance
1
3
2
1
513
354
463
501
566
521
125
150
71
28
68
101
377
192
382
460
448
402
11
10
6
12
43
18
2
1
1
1
832
2,720
108
3
7
2
2
27
16
41
44
15
17
8
25
107
107
233
264
27
13
58
17
152
195
978
83
50
116
27
45
3
11
9
35
9
20
1
2
38
72
18
25
2
8
1
91
224
15
2
2
10
6
3
1
3
4
5
335
Secretary, Territorial Banking Board
Bank Examiner
Treasurer
3
5
114
134
295
.434
71
28
85
26
185
-
226
2 233
1,372
Supervisor of Banking
Superintendent of Banks
Commissioner of Finance
Superintendent of Banks
do
177
112
3,688
State Examiner
Superintendent of Banks
Dirftctc* of "RftTilriTig
State Bank Commissioner
Superintendent of Banks
State Examiner
State Bank Commissioner—
State Commissioner
Bank Bank Examiner
412
358
13
8
11
1
8
2
7
16
46
129
10
1
8
199
3
2
9
2
1
13
498
1
21
6,685
5
1
35
4
1
9,674
1,884
1
3
216
309
79
i Includes stock savings banks
* Includes 1 private bank.
00
TABLE NO. 46.—Assets and liabilities of all active banks, 1940 to 1953
[Amounts in thousands of dollars. For priorfigures,revised for certain years and made comparable to those in this table, references, should be made as follows: Years 1834 to 1913,
inclusive, Comptroller's Annual Report for 1931;figures1914 to 1919, Inclusive, report for 1936, andfigures1920 to 1939, inclusive, report for 1939.]
Loans and U. S. GovOther
ernment
Number discounts, obligations, bonds,
of banks including direct and stocks, and
overdrafts guaranteed securities
Cash
with other
Other
Total assets
Capital 2
Surplus
and
undivided
profits 3
Total deposits
Bills payable and
Other
rediscounts, liabilities
etc.
O
w
O
JUNE 30
1940...
1941
1942
1943
1944
1945
1946
1947
1948
1949
1960
1951
1952
1953
DEC.
1940
1941
1942...
1943
1944
1945
1946
1947
1948
1949
1950
1951
1952
1953
15,017 22,557,670 19,710,503
14,919 25,543,438 23,577,061
14,815 25,178,305 30,363,023
14,661 22,324,053 57,963,058
14,598 25,504,338 76,129,877
14,587 28,092,140 94,240,445
14,626 31,693,492 96,497,087
14,755 38,578,709 83,116,152
14,759 45,379,380 77,160,671
14,697 47,366,715 75,198,579
14,689 52,310,789 77,609,287
14,655 64,218,091 68,958,920
14,624 70,175,532 71,029,850
14,561 77,544,114 68,368,873
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
17,063,076
17,929,587
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
2,552,403
2,755,207
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
39,289,340
39,444,131
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
2,657,210
2,711,397
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
202,767,411
208,753,309
3,091,793
3,055,005
2,998,686
2,979,447
3,036,893
3,118,116
3,250,986
3,319,580
3,398,415
3, 526,159
3,629,971
3,773,755
3,975,654
4,108,193
5,233,334
5,469,514
5, 523, 532
5,811,248
6,318,608
7,033,855
7,925,817
8,450,652
8,917,480
9,395,544
10,023,295
10, 543,747
11,148,926
11,772,091
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
184,993,187
190,039,913
708,075
22, 559
732,312
20, 736
687,462
31,657
645,955
87,116
749,801
81,075
861,242
93,966 1,082,090
1,223,706
68,681 1,420,158
35,306 1,474,422
46,135 1,782,568
78,258 2,177,461
100, 514 2, 549,130
114,917 2,718,195
14,956
14,885
14,722
14,621
14,579
14,598
14,633
14,755
14, 735
14,705
14,666
14,636
14,596
14,538
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
17,449,091
18,452,644
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
2,938,679
2,690,476
26,846,418
25,942,377
27,371,581
2,822,070
2,638, 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
2,677,998
2,895,929
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
214,830,603
221,132,803
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
4,016,796
4,173,707
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
11,437,192
12,035,657
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
196,431,356
201,978,297
729,399
25,060
702,704
22,593
18,638
653,273
51,650
688, 511
125,624
817,620
227,150
982,221
48,403 1,118,615
74,614 1,223,408
64,320 1,415,918
27,195 1,606,284
94,607 2,110,043
44,008 2, 508,682
196,234 2, 749,025
66,803 2,878,339
31
§
g
W
23,967,476
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
75,928,803
80,920,155
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
73,010,835
72,872,466
* Includes reserve balances and cash items in process of collection.
* Includes capital notes and debentures in banks other than national.
»Includes reserve accounts.
29,175, 791
32,995,748
36,167,173
37,490,369
34,490,538
38,892,739
42,826,197
42,825,197
43,301,133
NOTE.—Reciprocal interbank demand balances with banks in the United States are
reported net beginning with the year 1942.
o
TABLE NO. 47.—Assets and liabilities of all active national banks, 1940 to 1958
[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
Loans and U. S. GovOther
ernment
discounts, obligations,
bonds,
including direct and stocks, and
overdrafts guaranteed securities
Cash
Balances
with other
banksl
Other
assets
Total assets
Capital
Surplus
and
undivided
profits 2
Total deposits
Bills payable and
Other
rediscounts, liabilities
etc.
JUNE 30
1940
1941
1942
1943
1944
1945
1946
1947
1948
1949.
1950
1951
1952
1953
-
DEC.
1940
1941
1942
1943
1944
1945
1946
1947
1948
1949
1950
1951
1952
1953
5,170
5,136
5,107
5,066
5,042
5,021
5,018
5,018
5,004
4,993
4,977
4,953
4,932
4,881
9,179, 227
10,922,483
10, 901, 795
9,190,143
11, 229,680
12,389,133
14,498,441
18,810,006
22, 303,042
22, 578,120
24,671,880
30, 584,236
33,170,408
36, 537,355
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
34,694,540
33,049,054
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
8,391,154
8,486,475
13,294,801
13,812,200
13,588,254
14, 420,845
15, 239,164
16,791,661
17,856,276
18,407,260
1,120,314 19,345,184
1,093,053 19, 283,128
959, 569 19,002,603
985,074 21,268,067
1,256,363 22,735,166
1,353,588 22,990,058
923,474
915,700
857,219
826,240
823,008
772,848
816,021
829,049
031,347
015,356
057,891
186,086
5,150
5,123
5,087
5,046
5,031
5,023
5,013
5,011
4,997
4,981
4,965
4,946
4,916
4,864
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
36,119,673
37,944,146
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
35,936,442
35,588,763
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
8,355,843
8,621,470
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
1,446,134
1,292, 254
14.401,268
14,215,429
15, 516,771
15,272,695
16,732,749
19,170,145
18,972,446
20,907, 548
21,983, 506
19,985,295
22,666,366
24, 593,594
24.953,269
25,253,264
582,303
709,458
728,309
806,546
820,570
821,290
805,575
294,746
36,885,080
41,314,635
44, 718,965
58,972,352
70,400,945
81,794,833
85,993,054
83,413,260
85,341,112
85,099,450
89,936,612
94,658,761
101,541,564
103,711,276
1, 534,649
1,523,383
1,507,670
1,498,008
1,553, 578
1,624,184
1,683,489
1,770,871
1,804,803
1,907,958
1, 979,941
2,067,155
2, 203,266
2, 264,629
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
4,692, 797
4,974,095
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
92,989,690
94, 748,953
2,910
2,005
2,014
4,231
6,205
5,209
24,441
27,860
42,871
14,123
24,783
32,890
42,046
45, 510
331,322
363,186
378,342
373,355
450,878
491,534
600,278
679,571
752,485
805,956
1,056,971
1,269,031
1,613,765
1,678,089
918,082
897,004
847,122
813,468
792,479
797,316
830,513
880,987
1,063,917
1,058,178
1,126,555
1,259,008
1,321,382
1,416,802
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
108,132,743
110,116,699
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, 224,852
2,301, 757
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
4,834,369
5,107,759
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
99,257,776
100,947,233
3,127
3,778
3,516
8,155
54,180
77,969
20,047
45,135
41,330
7,562
76,644
15,484
75,921
14,851
342,013
330, 585
390,291
408,139
491,877
559,103
630, 578
705,185
774,818
952,958
1,304,828
1,621,397
1,739,825
1,745,099
8
I
31
.,—
1 Includes reserve balances and cash items in process of collection.
2 Includes reserve accounts.
I
NOTE.—Reciprocal interbank demand balances with banks in the United States are
reported net beginning with the year 1942.
CD
TABLE NO. 48.—Assets and liabilities of all active banks other than national, 1940 to 1958
[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
Other
Loans and U. S. Govbonds,
ernment
discounts, obligations,
stocks,
including direct and
and
overdrafts guaranteed securities
Cash
Balances
with other
banks *
Other
assets
Total assets
43, 328,549
46,514,084
47,541,026
58,280,054
69,158,720
81,232,146
86,709,210
Capital
stock
Capital
notes
anil
debentures
Surplus
and
undivided
profits 2
Total
deposits
Bills payable and
rediscounts,
etc.
Other
liabilities
JUNE 30
1940
1941
1942
1943
1944
1945
1946
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
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
1947
1948
1949
1950
1951
1952
1953
9,737
9,755
9,704
9,712
9,702
9,692
9,680
19,768,703
23,076,338
24,788,595
27,638,909
33,633,855
37,005,124
41,006,759
43,690, 547
40,929, 264
39,601,081
39,958,041
35,905,146
36,335,310
35,319,819
5,131,525
5,941,735
6,442,214
7,112,576
7,671,315
8,671, 922
9,443,112
998,548
1,144,426
1,133,783
1,011,007
1,048,443
1,296,040
1,401,619
13,322,651
13,554,433
13,610,681
13,281,018
15,101,991
16,554,174
16,454,073
923,165 83,835,139
994,180 85,640,376
994,851 86,571,205
1,098,747 90,100,298
1,233,130 94,593,880
1,363,277 101,225,847
1,416,651 105,042,033
1940
1941
1942
1943
1944
1945
1946
1947.
1948
1949
1950
1951
1952
1953
9,806
9,762
9,635
9,575
9,548
9,575
9,620
9,744
9,738
9,724
9,701
9,690
9,680
9,674
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
39,809,130
42,976,009
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
37,074,393
37,283, 703
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
9,093,248
9,831,174
688,565
758,517
730,337
804,283
896,870
, 016,444
L, 127,072
., 224,928
1,104,393
, 125, 593
] , 195,995
,471,857
] ,492,545
1,398,222
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
17,871,928
18,047,869
1,903,988
1,641,584
1,487,532
1,295, 540
1,064,945
956,378
898,702
954,500
989,844
1,044,755
1,162,407
1,299,768
1,356,616
1,479,127
_
...
* Includes reserve balances and cash items in process of collection.
* Includes reserve accounts.
45,837,940
47,915,460
54, 761,599
63,590,061
75,997,325
87,815,319
84,556,099
87,577,102
87,940,378
89,803,934
95,000,580
101,124,063
106,697,860
111,016,104
1,428,973
1,416,939
1,386,845
1,386, 748
1,396,746
1,415,170
1,495,004
128,171
114,683
104,171
94,691
86,569
78,762
72,493
1,548,709
59,752
1,533,860
47,428
1,570,773
46,774
1,603,256
41,903
1,664,697
45,166
1, 727,222
44,488
1, 799,076
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
1,745,470
1,828,615
123,134
108,194
99,202
90,142
82,320
72,080
67,794
62,027
48,431
48,437
47,107
39,456
46,474
43,335
3,291,542 38,079,051
3,394, 756 41,198,026
3,351,710 42,370,458
3,483,851 53,014, 738
3, 761, 577 63,533,994
4,185,486 75,107,154
4,735,729 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
4,912,843
5,176,515
5,475,599
5,808,169
6,090,876
6,456,129
6,797,996
76,793,973
78,176,766
78,787,756
81,895,150
85,842,606
92,003,497
95,290,960
35,479
25,810
21,183
21,352
45,368
58,468
69,407
544,135
667,673
668,466
725, 597
908,430
935, 365
1,040,106
3,329,878 40, 555,461
3,327,471 42,678,488
3,384,964 49,616,822
3,606,164 58,179,945
3,932,206 70,181,887
4,427,345 81,287,146
4, 745,301 77,751,557
5,013, 240 80,453,326
5,288,479 80,393,373
5,598,858 81,899, 726
5, 918,277 86, 590, 526
6,301,489 92,172,104
6,602,823 97,173, 580
6,927,898 101,031,064
21,933
18,815
15,122
43,495
71,444
149,181
28,356
29,479
22,990
19,633
17,963
28,524
120,313
51,952
387,386
372,119
262, 982
280,372
325, 743
423,118
488,037
518,223
641,100
653,326
805,215
887,285
1,009,200
1,133,240
NOTE.—Reciprocal interbank demand balances with banks in the United States are
reported net beginning with the year 1942.
to
TABLE NO. 49.—Summary of status, progress, and results of liquidation of all national banks 1 placed in charge of receivers from the date of the
first national bank failure, Apr. 14, 1865, to Dec. 31, 1953
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:
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
In process
of liquidation
3 2,821
1
$3,737,811,321
$6,804,589
Total
3 2,822
District of Columbia nonnational banks 2
Completely In process
liquidated
and finally of liquidation
closed
National banks
Total
Completely
liquidated
and finally
closed
*15
*15
«2,806
$3,744,615,910 $27,143,017
$27,143,017
$3,710,668,304
In process
of liquidation
1
Total
3
«2,807
$6,804,589 $3,717,472,893
o
o
2,216,170,276
253,721,541
1,225,078,449
42,786,982
6 54,073
4,642,952
286,346
1,686,757
2,220,813,228
254,007,887
18,624,923
2,089,895
18,624,923
2,089,895
2,197,545,353
251,631,646
1,226,765,206
6,401,713
6,401,713
1,218,676,736
26,486
42,760,496
• 54,073
42,786,982
242,607
26,486
3,737,811,321
188, 534
6,804, 589
3,744,615,910
27,143,017
27,143,017
2,216,170,276
179,266,883
4,642,952
503, 777
2,220,813,228
179,770,660
18,624,923
619,261
163,238, 510
253, 721,541
485,505
286,346
163,724,015
254,007,887
5,918, 580
2,818, 549,439
233,649
2,812,630,859
4,642,952
286,346
1,686,757
2,202,188,305
251,917,992
1,220,363,493
42,760,496
242,607
3,710,668,304
188,534
6,804,589
2,197,545,353
178,647,622
4,642,952
503,777
2,202,188,305
179,151,399
1,429,275
2,089,895
1,429,275
2,089,895
161,809,235
251,631,646
485,505
286,346
162,294,740
251,917,992
22,753,354
22,763,354
2,789,867, 505
5,918,580
I
3,717,472,893
18,624,923
619,261
o
2,795,786,085
233,649
233,649
233,649
See footnotes at end of table.
CO
TABLE NO. 49.—-Summary of status, progress, and results of liquidation of all national banks l placed in charge of receivers from the date of the
first national bank failure, Apr. 14, 1865, to Dec. 31, 1953—Continued
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 697 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
Total
1,412,893,997
3,567,759
1,416,461,756
34,624,491
District of ColumbiaJ nonnational banks
Total
Completely
liquidated
and finally
closed
In process
of liquidation
Total
10,893,071
10,893,071
1,402,000,926
3,567,759
1,405,568,685
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
699,561,612
251,631,646
704,462,893
253,721,541
1,450,782
286,346
Completely In process
liquidated
and finally of liquidation
closed
National banks
1,450,782
286,346
701,012,394
251,917,992
8,055,082
14,888
8,069,970
18,839
18,839
8,036,243
14,888
444,713
170,228,981
1,767,254
1,767,254
168,017,014
444,713
45,597
11,016,322
7,600,970
201,010
7,950
201,010
7,950
10,769,715
7,593,020
45,597
10,815,312
7,593,020
108,495
129,342
»20,847
108,495
129,342
5,918,580
2,818,549,439
1
o
&
168,461,727
10,970,725
7,600,970
8
8,051,131
169,784,268
1
9
20,847
2,812,630,859
22,763,354
22,763,354
2,789,867,505
5,918, 580 2,795,786,085
d
w
7 402,112,595
7
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)
176,392,631
170, 552,785
328,273,807
2,374,374,873
800,000
4,165, 850
514,333,874
1,144, 260
515, 478,134
97,105, 575
2,123,146,487
82,118
3,638,730
97,187,693
2,126,785,217
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
78.09
97.50
87.62
800,000
6.71
402, 912, 595 3 2,352,920
»399, 759,675
• 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
509,138, 936
1,144, 260
510,283,196
809,871
17,850, 201
809,871
17,850,201
96,295,704
2,105,296,286
82,118
3,638,730
96,377,822
2,108,935,016
97.50
78.13
77.18
77.18
78.10
87.64
8.28
800,000
176, 392,631
176, 392,631
170, 552,785
1,912,920
329,073,807
2, 378, 540, 723 19,147,196
1 Including District of Columbia nonnational banks and building and loan associations.
2 Including building and loan associations.
3 Does not include 159 banks restored to solvency.
4
Does not include 1 bank restored to solvency.
5 Does not include 158 banks restored to solvency.
8 2,352,920
176,392,631
176,392, 631
82.57
82.57
87.66
6.72
8.73
8.73
6.70
176,392,631
170, 552,785
327,160,887
2,359,393,527
78.13
87.68
8.28
6.70
8 Cash and uncollected assets on hand at date of termination of supervision of liquidation by Comptroller of the Currency (Poultney National Bank, Poultney, Vt.).
* Includes $23,100,000 capital stock of 159 banks restored to solvency.
s Includes $50,000 capital stock of 1 bank restored to solvency.
8
Including $23,050,000 capital stock of 158 banks restored to solvency.
8
g
3
I
a
B
CO
Cn
TABLE N O . 50.—Number and deposits of national and District of Columbia nonnational banks * placed in receivership period Apr. 14> 1865,
to Dec. 31, 1953, by groups according to percentages of dividends paid to Dec. 31, 1953
Liquidation banks
Dividends paid,
100 percent and
over
Periods and bank groups
Number of
banks
Receiverships completely liquidated and
finally closed or restored to solvency,
1865 to 1953 (2,980 banks):
Apr. 14, 1865, to Oct. 31, 1930—data
for individual annual report years
unavailable; deposits prior to 1880
unavailable for 84 banks (974
banks)
__.
Nov. 1,1930, to Oct. 31,1931
Nov. L, 1931, to Oct. 31,1932
Nov.- I, 1932, to Oct. 31, 1933
Nov. 1,1933, to Oct. 31,1934
Nov. L, 1934, to Oct. 31,1935
Nov.] L, 1935, to Oct. 31,1936
Nov.] 1,1936, to Oct. 31,1937
Nov. L, 1937, to Oct. 31,1938.._
Nov. L, 1938, to Oct. 31,1939
Nov.] L, 1939, to Oct. 31, 1940
Nov.] L, 1940, to Oct. 31, 1941
Nov. L, 1941, to Dec. 31,1942
....
Deposits
208 $77,296,606
6~
11 1,994,080
8 15,873,316
4,412,925
8
28 4,431,721
5,083,636
40
86 14,723,916
4
50,715,003
76
26 33,477,651
19 20,910,457
«7 17,397,983
14 18,147,843
77,234,820
Dividends paid,
75 to 99.9 percent
Number of
banks
Deposits
163 $64, 572,547
16
16
13
18
29
46
80
110
61
36
39
46
5,323,140
5, 549,989
5,826,514
8,517,835
11,801,668
12,246,387
38,690,969
54,346,379
58,631,031
43,639,246
68,673,118
248,608,395
Dividends paid,
50 to 74.9 percent
Number of
banks
Deposits
211 $66,952,690
22
33
21
17
34
56
85
106
42
38
»42
26
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
Dividends paid,
25 to 49.9percent
Number of
banks
Deposits
156 $45,465,025
29
27
15
8
30
43
3 51
48
21
15
no
14
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
Dividends paid,
less than 25 percent
Number of
banks
Total banks
Restored Total
to sol- all
vency banks
banks 2
Deposits
Number of
banks
159 $30,828,899
897
$285,115,767
77
974
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
91
97
69
64
152
214
340
364
159
112
102
104
29,738,938
47,739,776
29,929,256
26,590,650
44,122,328
62,463,442
154,448,954
167,176,781
123,971,181
121,694,861
182,060,503
451,774,537
8
25
9
28
11
1
0
0
0
0
0
0
99
122
78
92
163
215
340
364
159
112
102
104
18
10
12
13
31
29
38
24
9
4
4
4
Deposits
Num- Number of ber of
banks banks
o
o
6 16,260,257
3 412,269,316
1 1,796,607
0
0
0
0
1 1,204,158
0
0
2
5,058,728
0
0
0
0
0
0
Dec. 31,1943
Dec. 31,1944
Dec. 31,1945
Dec. 31,1946
Dec. 31,1947
Dec. 31,1948
Dec. 31,1949
Dec. 31,1950
Dec. 31,1951
Dec. 31,1952
Dec. 31,1953
Total 1931-53 (2,006 banks)
Active receiverships as of Dec. 31, 1953
(lbank)
Grand total (2,981 banks)
.-.-
342 700,992,417
0
0
550 778,289,023
8
1
2
2
1
1
1
0
0
0
0
75,837,758
4,613,782
2,390,914
616,710
26,966,990
421,461
2,015,717
0
0
0
0
526 674,718,003
1
4,165,850
690 743,456,400
8
5
0
0
1
1
1
0
0
0
0
538 464,765,652
0
0
749 531,718,342
1 Including building and loan associations.
2 Deposits for banks restored to solvency unavailable.
3 Exclusive of 1 receivership finally closed during year ended Oct. 31,1937, but reopened
as a receivership during the year ended Dec. 31, 1944, and again closed during the year
ended Dec. 31,1948.
* 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
reopened as a receivership during the year ended Oct. 31,1940, and again closed during the
year ended Oct. 31, 1941.
39,828,007
28,787,475
0
0
183,818
305,253
2,299,269
0
0
0
0
24,606,118
141,119
0
0
0
0
0
0
0
0
0
3
0
0
0
0
0
0
0
0
1
0
318 191,834,170
200
56,948, 864
5
1
1
0
0
0
0
0
0
0
0
0
0
474 237,299,195
359
0
158,476,582
445,811,692
4,187,521
616,710
27,150,808
1,930,872
4,314,986
5,058,728
0
0
0
ooooooooooo
1,1943, to
1,1944, to
1,1946, to
1,1946, to
1,1947, to
1,1948, to
1,1949, to
1,1960, to
1,1951, to
1,1952, to
1,1953, to
(MOOOOOOOOOO
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
30
10
4
2
2
3
2
2
0
1
0
1,924 2,089,259,106
82
2,006
30
10
4
2
2
3
2
2
0
1
0
S
W
1
4,165> 850
0
1
87, 777, 763 2,822 2,378, 540, 723
159
2,981
0
• 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 and second final closing included
in report for year ended Oct. 31,1941.)
o
o
o
f
o
a
198
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 51.—National bank in charge of receiver during the year ended
Dec. 81, 1953
Name of bank: Salt Springs National Bank, Syracuse, New York l
(Liquidation No. 2697)
Charter number
1287
Date of organization
May 20, 1865
Date receiver appointed
Jan. 22, 1934
Capital stock at date of failure
$800, 000
Claims proved (both secured and unsecured)
$3, 638, 730
Liabilities:
Borrowed money (bills payable, rediscounts, etc.) at date of failure
,___
$1, 144, 260
Deposits at date of failure
4, 165, 850
Additional liabilities established to date of report
82, 118
Total liabilities established to date of report
5, 392, 228
Assets and assessments:
Book value of assets at date of failure
Additional assets received since date of failure
Assessments upon shareholders
6, 365, 136
439, 453
800, 000
.
Total assets and stock assessments
7, 604, 589
Disposition of assets and assessments:
Collections from assets
Offsets allowed and settled
Collections from stock assessments
Losses on assets compounded or sold under order of court
Book value of uncollected assets
Book value of remaining uncollected stock assessments
Total disposition of assets and assessments
_
4, 642, 952
286, 346
503, 777
1, 686, 757
188, 534
296, 223
7, 604, 589
Progress of liquidation to date of this report:
Cash collections from assets
4, 642, 952
Cash collections from stock assessments
503, 777
Receivership earnings, cash collections from interest, premium,
rent, etc
485, 505
Offsets allowed and settled
286, 346
Total collections from all sources, including offsets allowed
5, 918, 580
Disposition of proceeds of liquidation:
Dividends paid by receivers on secured claim s
Dividends paid by receivers on unsecured claims
3, 567, 759
Secured and preferred liabilities paid except through dividends,
including offsets allowed
1, 737, 128
Cash advanced in protection of assets
14, 888
Conservator's salary, legal and other expenses
45, 597
Receivers' salaries, legal and other expenses
444, 713
Cash in hands of Comptroller and receiver
108, 495
Total disposition of proceeds of liquidation
Percent dividends paid to claims proved
^
Percent total payments to creditors to total liabilities established
Percent total costs of liquidation to total collections including offsets
allowed
_,
5, 918, 580
97. 50
98. 38
8.28
Date finally closed
1
Formerly in conservatorship.
NOTE.—Liquidation activity for the current year was limited to payments of receivers' salaries, legal
and other expenses in the amount of $303.
TABLE N O . 52.—Bank suspensions since inauguration of Federal deposit insurance, years ended Dec. 81, 1984 to 1958
Capital stock (in thousands of dollars)1
Number
Member banks
Year ended
Dec. 31—
1934
1935
1936
1937
1938 .
1939
1940
1941
1942 . _
1943
1944
1945
1946
1947
1948
1949
1950
1951
1952
1953
Total --
All
banks
National
57
34
44
58
56
42
22
8
9
4
1
1
4
1
3
1
4
1
4
Insured
State
2
1
3
Noninsured
8
22
40
47
47
25
18
48
8
3
6
7
10
3
1
3
6
2
2
1
4
1
3
3
4
351
All
banks
National
3,822
1,518
1 961
3,435
2,467
5,309
1 587
'496
327
708
32
671
25
3,600
650
Insured
Noninsured
416
633
1,678
2,004
2,052
1,204
1,452
118
272
58
32
3,381
480
195
75
365
285
53
18
55
5
91
72
io2
1
3
81
1 1
1
7
223
100
fl
21
All
banks
36,939
10,101
11,323
16,169
13,837
34,980
5,944
3,723
1,702
6,300
405
National
42
5,399
524
3,825
36
1,323
257
3,141
State
1,708
211
24,629
5,059
Nonmember banks
Insured
1,912
3,763
10,207
10,156
11,721
6,589
5,341
503
1,375
1,241
405
Noninsured
34,985
939
592
480
1,869
2,439
346
79
327
167
125
125
120
52
750
22,709
1
Includes capital notes and debentures, if any, outstanding at date of suspension.
2 Located in the State of Indiana.
* Private bank located in the State of Georgia.
4
Comprises 2 private banks (without capital) in the State of Georgia having total
deposits of $190,000; and 2 banks in the State of Texas—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.
8
6 Private bank located in the State of Georgia.
Comprises a commercial bank in the State of Kansas with capital of $10,000 and total
deposits of $237,000, and 2 private banks in the State of Michigan with capital of $110,000
and total deposits of $2,876,000.
7
Comprises a commercial bank in the State of Arkansas with capital of $25,000 and
25
405
88
685
25
220
82
360
State
Member banks
Nonmember banks
31
1
.-
Member banks
Nonmember banks
Deposits (in thousands of dollars)
200
2,540
37
550
4,496
10, 506
120
15
5,167
167
2,443
42
3,113
1,414
44,802
193,404
19,478
19,606
1,279
24,934
2,443
42
3,113
135
390
46,026
79,426
d
o
O
o
o
I
o
48,346
total deposits of $480,000; and a commercial bank in the State of Illinois with capital of
$12,000 and total deposits of $799,000.
s Comercial bank located in the State of Georgia.
9
Commercial bank located in the State of Illinois.
1 Commrcial banks located in the State of Illinois.
0
» Commercial bank located in the State of Colorado.
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.
a
co
CO
INDEX
Page
Affiliates of national banks, number reporting as of December 31, 1953
29
All banks (see also Banks; Mutual savings banks; National banks; Private
banks; State commercial banks):
Assets and liabilities of:
Comparison of, December 31, 1952 and 1953
26-28
December 31, 1953, by classes of banks in each State
146-185
December 31, 1953, summary by classes of banks
144-145
June 30 and December 31, 1940-53
190
Distribution of, December 31, 1953
25-26
Per capita demand and time deposits of individuals, partnerships, and
corporations in, December 31, 1953, by States
186-187
Suspensions. (See Failures of banks.)
Assessments: Upon shareholders of insolvent national banks
195, 198
Assets and liabilities of banks:
All banks:
Comparison of, December 31, 1952 and 1953
26-28
December 31, 1953, by States
.
146-153
December 31, 1953, summary by classes of banks
144-145
June 30 and December 31, 1940-53
190
National banks:
Call dates in 1953, summary and by States
18-19, 53-106
December 31, 1953, by States
154-161
June 30 and December 31, 1940-53
191
Percentage distribution of, December 31, 1950-53
20
Principal items of, according to size of banks (deposits), December
31, 1952 and 1953
49
State banks (see also District of Columbia):
All banks combined:
December 31, 1953, summary and by States
162-169
June 30 and December 31, 1940-53
192
Mutual savings: December 31, 1953, summary and by States. 144r-145,
178-181
Private: December 31, 1953, summary and by States
144-145,
182-185
State commercial: December 31, 1953, summary and by States. 144-145,
170-177
Bank currency. (See 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, 1953
25-26
Insured and uninsured, December 31, 1953
25-26
Member banks of Federal Reserve System, December 31, 1953_- 25-26
Number of:
December 31, 1953, by States
146-147
June 30 and December 31, 1940-53
190
Suspensions. (See Failures of banks.)
201
202
INDEX
Banks—Continued
Page
Insured commercial banks: Number of, December 31, 1953, by classes. 25-26
National banks:
Branches. (See Branches of national banks.)
"Calls" for reports of condition of, dates, 1914^53
51
Examination of. (See Examination of national banks.)
Failures. (See Failures of banks.)
Number of:
Call dates in 1953
_.___.
18
Call dates in 1953, by States
53-106
December 31, 1953, by States
154-155
June 30 and December 31, 1940-53
191
Nonmember banks of Federal Reserve System, December 31,
1953
26
With surplus fund equal to or exceeding common capital stock
1942-53
50
With surplus fund less than common capital stock 1942-53..
50
State and private banks:
Number of:
December 31, 1953, by States
162-163, 170-171, 178, 182
June 30 and December 31, 1940-53
192
Supervisors of, name and title of in each State, December 31,1953. 188189
Suspensions. (See Failures of banks.)
Uninsured, December 31, 1953
26
Bank suspensions. (See Failures of banks.)
Borrowings. (See Assets and liabilities of banks.)
Branches:
National banks:
Domestic:
Number and class of, closed in year ended December 31,
1953, and circumstances under which closed
7, 48
Number authorized and closed in year ended December 31,
1953, and number in existence December 31, 1953
5-8
Number authorized in year ended December 31, 1953, by
States
44-47
Number authorized and number of applications rejected,
yearly since 1944
8
Number of banks operating branches December 31, 1953,
by States and Territories
-.6
Number of branches operated in each State and Territory
as of December 31, 1953
6
Foreign:
Location and summary of assets and liabilities of, December
31, 1953
132, 133
Number in operation December 31, 1953
133
State commercial banks:
Number of banks operating branches December 31, 1953, by
States and Territories
6
Number of branches operated in each State and Territory as of
December 31, 1953..
6
"Calls" for reports of condition of national banks, dates of 1914-53
51
INDEX
203
Capital accounts. (See Assets and liabilities of banks; Earnings, expenses, Page
and dividends of national banks: Ratios.)
Capital stock of banks:
All banks:
December 31, 1953, by States
148-149, 152-153
June 30 and December 31, 1940-53
190
National banks:
By size of banks (deposits) December 31, 1952 and 1953
49
Call dates in 1953, by States
53-106
Chartered in each State, in year ended December 31, 1953
38
December 31, 1953, by States
156-157, 160-161
Failed bank in charge of receiver, in year ended December 31,
1953
195, 198
Incident to consolidations with State and national banks, in year
ended December 31, 1953
40,41,42-43,44
June 30 and December 31, 1940-53
191
Liquidated banks, in year ended December 31, 1953
24-25, 39
Preferred stock:
Retirable value of, on call dates in 1953
19
Total outstanding, December 31, 1953
24-25
State and private banks:
December 31, 1953, by classes of banks and by States
145,
168-169, 176-177, 179, 183
192
m June 30 and December 31, 1940-53
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 and mergers 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
35
Deputy Comptrollers, names of, since organization of the Bureau
and periods of service
35
Examination of national banks
30
Expenses of, calendar year 1953
30
Issue and redemption of notes
29
Liquidation of insolvent national banks
29
Organization and staff
30
Personnel
30
Condition of banks. (See Assets and liabilities of banks.)
Consolidations and mergers of banks:
Under act November 7, 1918, as amended:
Consolidations under sections 1, 2 and 3:
List of, in year ended December 31, 1953
42-43
Number of in each State
36-37
Mergers under sections 4 and 5:
List of, in year ended December 31, 1953
44
Number of in each State
36-37
Statement relative to
8-9,24-25
204
INDEX
Consolidations and mergers of banks—Continued
Under Public Law 706, August 17, 1950:
Page
List of, in year ended December 31, 1953
40
Number of in each State
36-37
Statement relative to
8-9, 24-25
Conversions of banks:
Under Public Law 706, August 17, 1950:
List of, in year ended December 31, 1953
40
Number of in each State
36-37
Statement relative to
8-9, 24-25
Credit unions of the District of Columbia. (See District of Columbia.)
Demand deposits. (See Deposits.)
Deposits (see also Assets and liabilities of banks):
All active banks, June 30 and December 31, 1940-53
190
Demand and time in all active banks, by classes in each State,
December 31, 1953
152-153, 160-161, 176-177, 181, 185
Insured commercial banks, December 31, 1953
25-26
National banks, at date of failure
195, 198
Per capita demand and time of individuals, partnerships, and corporations in all active banks, December 31, 1953, by States
186-187
Postal savings:
In all banks, December 31, 1953, by States
152-153
In each class of banks, December 31, 1953, by States
160161, 176-177
In national banks, call dates in 1953, by States
_
"
53-106
Size of national banks, according to, December 31, 1952 and 1953
49
Suspended banks. (See Failures of banks.)
Uninsured banks, December 31, 1953
26
United States Government:
In all banks, December 31, 1953, by States
152-153
In each class of banks, December 31, 1953, by States
160-161,
176-177, 181, 185
In national banks, call dates in 1953, by States
53-106
District of Columbia:
Assets and liabilities of all banks in, by classes:
Call dates in 1953
,
63, 136, 137
December 31, 1953
134-135
Credit unions of:
Legislation relative to. (See Legislation recommended.)
Reports required from in year ended December 31, 1953
28
Summary of assets and liabilities of, December 31, 1953
143
Summary of receipts and disbursements of, year ended December
31, 1953
143
Earnings, expenses, and dividends of banks in:
Losses charged off on loans and securities:
Years ended December 31, 1934-53
141, 142
Years ended December 31, 1952 and 1953, by classes of
banks
138-139
Ratios:
Years ended December 31, 1934-53
141, 142
Years ended December 31, 1952 and 1953, by classes of
banks. __•
139
Years ended December 31,1952 and 1953, by classes of banks.., 138-139
INDEX
205
District of Columbia—Continued
Page
Receiverships of nonnational banks in
193-195
Reports required from banking associations in, in year ended December
31, 1953
28
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,
1953
125-127
By Federal Reserve districts, year ended December 31, 1953
122-124
By States, year ended December 31, 1953___
114-121
Losses charged off on loans and securities:
Years ended December 31, 1934-53
131
Year ended December 31, 1953, according to size of banks
(deposits)
126-127
Ratios:
Dividends to capital stock and capital funds, years ended December 31, 1929-53
130
Net profits before dividends to capital stock and capital funds,
years ended December 31, 1929-53
130
Net earnings from current operations and net profits before
dividends per $100 of deposits, year ended December 31, 1953__ 127
Net earnings from current operations, net profits before dividends,
and cash dividends per $100 of capital funds, year ended
December 31, 1953
127
Salaries and wages of officers and employees:
By size of banks (deposits), calendar year 1953
125
Years ended December 31, 1951-53
128
Summary, years ended December 31, 1951-53
128-129
Trend in, since 1935
9-10
Employees. (See Comptroller of the Currency, Office of; Officers and
employees of national banks.)
Examination of national banks:
Legislation recommended to provide for not more than three examinations each two-year period in instances where considered prudent
by Comptroller
13
Number of bank examinations during year ended December 31,
1953
30
Examiners and assistant examiners:
Changes in number, during the calendar year 1953
30
Legislation recommended excepting the Examining Staff of the Office
of the Comptroller of the Currency from competitive civil
service requirements
11-12
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,
1934-53
199
National banks:
Assessments against stockholders
195, 198
Bank in charge of receiver in year ended December 31, 1953
198
206
INDEX
Failures of banks—Continued
National banks—Continued
Page
Capital at date of failure
195, 198
Circulation outstanding at date of failure
195
Closed and active receiverships to December 31, 1953
193-198
Costs of liquidation of receiverships terminated
195, 198
Deposits at date of failure of bank in charge of receiver in year
ended December 31, 1953
198
Dividends paid to creditors during year ended December 31,
1953, and total dividends to December 31, 1953
194, 196-197, 198
Number, capital, and deposits: Since inauguration of Federal
deposit insurance, years ended December 31, 1934-53
199
Number of, by States, since beginning of system
36-37
Receipts and disbursements of Division of Insolvent National
Banks to December 31, 1953
193-195, 198
Receivership liquidation to December 31, 1953
193-198
Receiverships terminated,! 1865-1953
193-195
State banks:
In District of Columbia to December 31, 1953
193-195
Number, capital, and deposits of: Since inauguration of Federal
deposit insurance, years ended December 31, 1934-53
199
Federal Deposit Insurance Corporation (see also Failures of banks):
Classification of insuredand uninsuredjbanks, December 31, 1953
* 26
Federal Reserve notes: Issue and redemption of, in year ended December
31, 1953
29
Fiduciary activities of national banks:
By Federal Reserve districts, December 31, 1953
109
Classification of investments under administration segregated according to capital of banks, December 31, 1953
110
December 31, 1953, by States
110-113
December 31, 1953, segregated according to capital groups
107-108
Statement relative to
20-21
Foreign branches of national banks, location, and summary of assets and
liabilities of, December 31, 1953
132, 133
Government bonds. (See Investments; United States Government securities.)
Holding company affiliates of national banks:
Legislation recommended relative to
16-17
Number of, December 31, 1953
29
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, 1953, by States
.
146-147
December 31, 1953, by classes of banks
144
June 30 and December 31, 1940-53
190
National banks:
By size of banks (deposits), December 31, 1952 and 1953
49
Call dates in 1953, summary and by States
18, 53-106
December 31, 1953, by States
154-155
INDEX
207
Investments of banks—Continued
National banks—Continued
Page
June 30 and December 31, 1940-53
191
Losses charged off on:
According to size of banks (deposits), year ended December
31, 1953
126-127
Year ended December 31, 1953, by States and Federal
Reserve districts
118-119, 123
Years ended December 31, 1934-53
131
Trend during year 1953
4
State and private banks: December 31, 1953, by classes of banks and
by States
144, 162-163, 170-171, 178, 182
Legislation enacted:
Amending statute providing method to require termination of double
liability of shareholders for national banks in the few cases still
existing
11
Relative to eliminating lists of shareholders of national banks
10
Section 24 of the F. R. Act amended permitting national banks to make
real estate loans secured by first liens upon forest tracts
11
Legislation recommended:
Excepting the Examining Staff of the Office of the Comptroller of the
Currency from competitive civil service requirements
11-12
Relative to bank holding companies
16-17
Section 24 of F. R. Act be amended to permit national banks to make
amortized mortgage loans not in excess of 20 years, and by extending
the maximum duration of residential and farm construction loans
which are not regarded as real estate loans from 6 to 9 months
14
Section 24 of the F. R. Act be amended excepting from the restrictions •
or limitations of the section loans in which the Small Business Administration cooperates or purchases a participation under the
Small Business Act of 1953
14
To make the adoption of cumulative voting optional with the shareholders of national banks
14
To provide for not more than three examinations each two-year period
in instances where considered prudent by Comptroller
13
To revise District of Columbia Credit Unions Act to transfer supervision of credit unions to Department of Health, Education, and
Welfare
14-15
To revise Section 23A, F. R. Act, in order to eliminate the statutory
conflict with Section 24A, F. R. Act, with respect to amount a
member bank may invest in securities or other obligations of a corporation engaged solely in owning and operating its bank building
or buildings
13
To revise Section 5221, U. S. R. S., to omit requirement that national
banks going into voluntary liquidation publish notice thereof in
newspaper in New York City
14
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, 1953,
with names of succeeding banks in cases of succession
39
Number of banks, in each State, since beginning of system
36-37
Summary, in year ended December 31, 1953
24-25
Litigation pertaining'to national^banks
15-16
208
INDEX
Loans and discounts of banks:
All banks:
Pa«e
December 31, 1953, classification of, by States
150-151
December 31, 1953, classification of, by classes of banks
144
June 30 and December 31, 1940-53
190
National banks:
Authorized to purchase certificates of interest in RFC pool loans. .
15
By size of banks (deposits), December 31, 1952 and 1953
49
Call dates in 1953, summary and by States
18, 53-106
December 31, 1953, classification of, by States
158-159
June 30 and December 31, 1940-53
191
Interest and discount earned on:
According to size of banks (deposits), year ended December
31, 1953
125
Year ended December 31, 1953, by States and Federal
Reserve districts
114-115, 122
Years ended December 31, 1951-53.128
Losses charged off on:
According to size of banks (deposits), year ended December
31, 1953____
126-127
Year ended December 31, 1953, by States and Federal
Reserve districts
.
118-119, 123
Years ended December 31, 1934-53
131
Real estate loans of:
December 31, 1953, by States
158-159
Legislation relative to. (See Legislation enacted; Legislation
recommended.)
Reserve for bad debt losses on
2, 158-159
Trend during year 1953
3
State and private banks: December 31, 1953, classification of, by
States
166-167, 174r-175, 180, 184
Losses. (See Earnings, expenses, and dividends of national banks;
Failures of banks.)
Mergers. (See Consolidations and mergers of banks.)
Municipal bonds. (See Investments of banks.)
Mutual savings banks:
Assets and liabilities of: December 31, 1953, by States
178-181
Insured, December 31, 1953
25-26
Uninsured, December 31, 1953
25-26
National bank circulation:
Outstanding at date of failure, and lawful money deposited to secure
circulation of national banks in charge of receivers, 1865-1953
: 195
Outstanding December 31, 1953
25
National Bank Examiners. (See Examiners and assistant examiners.)
National banks:
Affiliates of, number, December 31, 1953. _
29
Assets and liabilities of:
Call dates in 1953, by States.
53-106
December 31, 1953, by States
_.._
154-161
Principal items of, according to size of banks (deposits), December 31, 1952 and 1953..
,
„„__...
49
Principal items of, June 30 and December 31, 1940-53
.,.„
191
INDEX
209
National banks—Continued
Bank premises, furniture and fixtures of:
Page
Expansion of investment in since 1949
4-5
Legislation relative to. (See Legislation recommended.)
Branches. (See Branches.)
By size of banks, on basis of deposits, December 31, 1952 and 1953
49
"Calls" for reports of condition of, dates, 1914r-53._
_
51
Capital stock. (See Capital stock of banks.)
Charters granted, in year ended December 31, 1953_
_
38
Consolidations. (See Consolidations and mergers of banks.)
Conversions to State banks, in year ended December 31, 1953, list of _
40
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, 1953
29
Insolvent. {See Failures of banks.)
Investments. (See Investments of banks.)
Liquidation of, in year ended December 31, 1953. _
24-25, 29, 39
Loans and discounts. (See Loans and discounts of banks.)
Number of:
Call dates in year 1953, by States
._ 53-106
Chartered and closed: Since February 25, 1863
36-37
In existence December 31, 1953, by States
36-37
June 30 and December 31, 1940-53_._
191
With surplus fund equal to or exceeding common capital stock
1942-53
50
With surplus fund less than common capital stock 1942-53.
50
Officers and employees, number and salaries of:
By size of banks (deposits), calendar year 1953
125-127
Year ended December 31, 1953, by States and Federal Reserve
districts
116-117, 122
Years ended December 31, 1951-53
128
Reports required from in year ended December 31, 1953
28
State banks purchased by, during year ended December 31, 1953,
list of. _
41
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 1953___
125-127
Year ended December 31, 1953, by States and Federal Reserve
districts
116-117, 122
Years ended December 31, 1951-53128
Organization of national banks:
Charters granted, in year ended December 31, 1953, list of, by States.
38
Number of, by States, from February 25, 1863, to December 31, 1953. 36-37
Summary, in year ended December 31, 1953
_
24-25
210
INDEX
Page
Per capita demand and time deposits of individuals, partnerships, and
corporations, in all active banks, December 31, 1953, by States
186-187
Personnel. (See Comptroller of the Currency, Office of.)
Population, United States, December 31, 1953, by States____
_ 146-147
Possessions:
Assets and liabilities of banks in:
All banks, December 31, 1953
146-153
Banks other than national, December 31, 1953
162-169
National banks, call dates in 1953
56, 66, 102
National banks, December 31, 1953
154-161
Earnings, expenses, and dividends of national banks in, year ended
December 31, 1953
114-121
Per capita demand and time deposits of individuals, partnerships,
and corporations, of all banks in, December 31, 1953
187
Postal savings. (See Deposits.)
Private banks:
Assets and liabilities of: December 31, 1953, by States
182-185
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, 1953
28
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,
1953
188-189
State banks purchased by national banks during the year ended December
31, 1953, list of
41
State commercial banks:
Assets and liabilities of, December 31, 1953, by States
170-177
Insured, December 31, 1953
25-26,188-189
Member banks of the Federal Reserve System, December 31, 1953__ 25-26,
188-189
' Nonmember banks of the Federal Reserve System, December 31,
1953
25-26, 188-189
Suspensions. (See Failures of banks.)
Uninsured, December 31, 1953
25-26, 188-189
Stock savings banks. (See State commercial banks.)
Supervisors of State banks, name and title of, in each State, December
31, 1953
188-189
Suspensions. (See Failures of banks.)
Taxes. (See Earnings, expenses, and dividends of national banks.)
Time deposits. (See Deposits.)
Titles of national banks. (See Consolidations and mergers of banks; Organization of national banks.)
INDEX
211
Page
Trends in banking, 1950-53
20
Trust companies. (See State commercial banks.)
Trust powers of national banks. (See Fiduciary activities of national
banks.)
United States Government deposits. (See Deposits.)
United States Government securities:
All banks:
December 31, 1953, by States
146-147
December 31, 1953, by classes of banks
144
June 30 and December 31, 1940-53
190
National banks:
By size of banks (deposits), December 31, 1952 and 1953
49
Call dates in 1953, by States
53-106
December 31, 1953, by States
154-155
June 30 and December 31, 1940-53
191
State and private banks:
December 31, 1953, by States
162-163, 170-171, 178, 182
June 30 and December 31, 1940-53
192
Voluntary liquidation of national banks. (See Liquidation of national
banks.)
U. S. GOVERNMENT PRINTING OFFICE: 1954
@FedFRASER