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NINETY-FIFTH ANNUAL REPORT
OF THE
Comptroller of the Currency
1957
WASHINGTON : 1958
TREASURY DEPARTMENT
Document No. 3208
Comptroller of the Currency
For sale by the Superintendent of Documents, U. S. Government Printing Office
Washington 25, D. C. - Price $1.75 cents
LETTER OF TRANSMITTAL
TREASURY DEPARTMENT,
OFFICE OF THE COMPTROLLER OF THE CURRENCY,
Washington, D. C, June 2, 1958.
In accordance with the provisions of section 333 of the United
States Revised Statutes, I have the honor to submit the following
report covering the activities of the Bureau of the Comptroller of the
Currency for the year 1957.
Respectfully,
SIRS:
RAY M.
GIDNEY,
Comptroller of the Currency.
T H E PRESIDENT OF THE SENATE.
T H E SPEAKER OF THE HOUSE OF REPRESENTATIVES.
in
ANNUAL REPORT
OF THE
COMPTROLLER OF THE CURRENCY
STATUS OF NATIONAL BANKING SYSTEM
The 4,636 banks supervised by the Comptroller of the Currency
had total assets of $121.1 billion at the end of 1957. They maintained
their relative position with 46.7 percent of the banking assets in the
commercial and savings banks of the Nation, and 54 percent of the
commercial banking assets. Commercial banks numbering 8,944
which are supervised by the respective 48 State banking authorities
held assets of $102.9 billion, and 523 State-chartered and supervised
mutual savings banks had assets of $35.2 billion. For all banks,
assets were $259.2 billion, an increase of $7.2 billion for the year,
which were held in the following types and categories of banks.
All operating banks—Continental United States and other areas
[Figures in millions of dollars]
Type of bank
Members of both the
Federal Reserve
System and Federal
Deposit Insurance
Corporation
Members of Federal
Deposit Insurance
Corporation only
Number
Number
National hanks
State commercial banks
Mutual savings banks
Total
Total
assets
Total
assets
Not members of Fed
eral Reserve or Federal
Deposit Insurance
Corporation
Number
Total
assets
4,625
1,765
3
1120,5G3
3 68.237
3 29
U0
6,766
236
1294
* 32,440
* 27,642
21
413
284
1243
s 2,243
«7,497
6,393
188,829
7,012
60,376
698
9,983
Recapitulation
Number
National banks
State commercial banks
Mutual savings banks
Head offices
Branches
Total banking offices
_
_ .„
- . _ _
Branches
Total
assets
Increase
for 1957
i 4,636
8,944
523
4,046
4,059
405
121,100
102,920
35,168
2,828
2,538
1,857
14,103
8,510
8,510
259,188
7,223
22,613
1 Supervised by Comptroller of the Currency. (Includes 9 nonnational banks in the District of Columbia,
5 member
and 4 nonmember insured banks with 23 branches.)
2
Includes 6 national banks outside continental United States.
3 Supervised by State banking departments and the Federal Reserve System.
* Supervised by State banking departments and Federal Deposit Insurance Corporation.
6 Supervised by State banking departments only.
2
REPORT OF THE COMPTROLLER OF THE CURRENCY
Growth of Financial Institutions
Commercial bank assets increased $5.4 billion over 1956. In 1956
the comparable figure of increase was $6.8 billion. The increase in
1957 was 2.5 percent, while the average annual growth of commercial
bank assets during the past decade was 4.4 percent. The growth of
financial institutions during the past 10-year period was at a rapid
rate, with the most rapid growth occurring in savings and loan associations and mutual savings banks which have been in a position to
offer more attractive savings interest rates because of their favorable
tax status and lower liquidity requirements. Relative growth by
classes during the past 10-year period is presented in the following
table.
Financial institutions
[Total assets]
Dec. 31,
1947
Dec. 31,
1957
Percentage
of increase
(In billions of dollars)
Commercial banks
Mutual savings banks _
Savings and loan associations
156
20
12
224
35
48
43.6
75.0
300.0
Status of National Banks
The trend in consolidations, mergers, sales, and conversions which
reached a peak in 1955, was marked by a slower pace in 1957. During
the year, the number of operating national banks in the national
banking system was reduced from 4,659 to 4,627, a net change of 32
banks. This compares with net reductions of 41 in 1956, 96 in 1955,
68 in 1954, and 52 in 1953. The total assets held by all national
banks reached $120.5 billion, a gain of $2.8 billion during 1957. The
system absorbed 58 State banks in 1957 through consolidations,
mergers, purchases, and conversions for a gain in assets of $604.7
million while 28 national banks with $329.2 million of assets went
into the several State banking systems in the same manner. Thus
the net gain of assets through this process was $275.5 million for the
national banking system. Based upon the fundamental considerations of managerial competence, asset soundness, adequacy of capital,
and earning capacity, an excellent condition continues to characterize the national banking system with the exception of only a few
relatively small banks which are receiving appropriate and effective
supervisory attention.
Deposits
At the end of 1957 total deposits of all national banks were $109.4
billion, an increase of $1.9 billion over the $107.5 billion reported
at the prior year end. The gain during the year 1956 was $3.3 billion.
The Board of Governors of the Federal Reserve System issued a
supplement to Regulation Q, effective January 1, 1957, raising the
maximum rate of interest a member bank may pay on time and savings
deposits from 2%, percent to 3 percent. Subsequently, many national
REPORT OF THE COMPTROLLER OF THE CURRENCY
banks increased the rates of interest on time and savings deposits.
This contributed to an increase in the time deposits of individuals,
partnerships, and corporations with national banks of $2.9 billion in
1957 as compared to a $1.1 billion increase in 1956. This expansion
in time deposits accounted largely for the deposit growth of the
national banking system in 1957.
The total deposits of national banks and the average effective
interest rate paid on time and savings deposits are set forth below
for the years 1955 through 1957.
[In millions of dollars]
Total deposits
Demand.
,__
Time and savings#
Dec. 31,1955 Dec. 31, 1956 Dec. 31,1957
___
Total
#Interest paid
Average rate (percent)
$76,894.6
27,323. 4
$79,027. 5
28,467. 3
$77,881.0
31,555.3
104,218.0
374.0
1.37
107,494. 8
437.0
1.54
109,436.3
636.0
2.02
Special surveys of time and savings deposits were made at mid-year
in 1941, 1945, and 1957 for all national banks. Highlights of the surveys are set forth below.
[In millions of dollars]
June 30,1941 June 30,1945 June 6,1957
$7,152. 7
1,362.3
Savings
Other time
Total savings and time deposits
Number of savings accounts
Average per savings account
Percent of savings deposits to total time deposits.
$13,731.8
1,000.0
$24,664.8
5, 528.3
8, 515.0
14,731. 8
30,193.1
16, 567, 579
$431. 74
84.00
19, 282,610
$712.13
93.21
25,972, 502
$949. 63
81.69
Loans
At the close of 1957 the national banking system held net loans
of $50.5 billion after deducting $964.4 million of Keserves for Bad
Debts and other valuation reserves. Net loans increased $2.3 billion
in 1957 from a total of $48.2 billion at the end of 1956. Loans to
commercial and industrial type borrowers continue to constitute 43
percent of the $51.5 billion gross loans held by all national banks and
the aggregate of $22.2 billion of such loans represents a gain of $1.1
billion during 1957.
In 1957 construction was started on 1,041,000 nonfarm housing
units, representing a decrease of 77,000 units from the number started
during the year 1956. All types of new construction activity begun in
1957 have been estimated to have a value of $47.3 billion and business
construction continues to account for the major portion of the gain
of $1.2 billion.
The Nation's real estate mortgage debt continued to rise in 1957
to a total of $156.3 billion of which $107.6 billion is secured by residential properties (1- to 4-family houses), an increase of $8.6 billion
from the total of $99 billion at the end of 1956. The mortgage debt
secured by farm land reached $10.5 billion, up $600 million for the
4
REPORT OF THE COMPTROLLER OF THE CURRENCY
year 1957. At the end of the years 1956 and 1957, national banks
held real estate mortgage loans as follows:
[Figures in millions of dollars]
Dec. 31,
1956
Type
Conventional—residence
- -_
Conventional—other properties
Conventional—farm
Insured—Federal Housing Administration
_ >
Insured or guaranteed—Veterans Administration
Total,
__
Dec. 31,
1957
Dollar
increase,
decrease —
3,932
2,264
616
3,023
2,331
4,212
2,521
523
3,068
2,156
280
257
7
45
-175
12,066
12,480
414
The loans secured by real estate held by national banks at the
close of 1957 totaling $12.5 billion represented 24.8 percent of their
total net loans and discounts. The loans of this kind so held increased
$414 million in 1957 which represents 3.6 percent of the $11.6 billion
increase in the Nation's real estate mortgage debt. National banks
acquired 7 percent of the national increase in such loans in 1956.
By law, each national bank must restrict its aggregate investment
in real estate mortgage loans, with the exception of those which are
insured or guaranteed to the extent of not less than 20 percent by the
Veterans Administration, to an amount not in excess of 60 percent
of its time and sayings deposits or 100 percent of its capital and surplus, whichever is the greater. The $10.3 billion of real estate
mortgage loans which are subject to this limitation equal 35.4 percent
of the $29.1 billion of time and savings deposits held by the national
banking system.
Because of the amendments which were made in the Investment
Securities Regulation of the Comptroller of the Currency, effective
August 16, 1957, discussed elsewhere in this report, which recognized
resale and repurchase transactions in bonds as coming within the
limitations of sections 5200 and 5202 of the Revised Statutes (Title 12,
U. S. C , sees. 84 and 82) rather than section 5136 of the Revised
Statutes (Title 12, U. S. C , sec. 24), the existing 25 percent limitation
embodied in paragraph (8) of section 5200 was regarded as too restrictive with respect to loans to one borrower which are secured by
not less than a like amount of direct obligations of the United States.
Under the provisions of section 5136, repurchase and resale transactions involving United States bonds had not been subject to any
limitation measured by capital and surplus. Effective August 16,
1957, as authorized by paragraph (8) of section 5200, the Comptroller
of the Currency, with the approval of the Secretary of the Treasury,
issued a regulation to permit the making of such loans above 25 percent and up to 100 percent of the bank's capital and surplus, provided
they are secured by direct obligations of the United States which
will mature within 18 months. (Effective April 18, 1958, this regulation was amended so as to permit national banks to make loans
without limitation based upon capital and surplus when such loans
are secured by obligations of the United States maturing within 18
months.)
The consumer debt of the nation continued to increase to a level
REPORT OF THE COMPTROLLER OF THE CURRENCY
5
estimated at $44.8 billion at the year end as compared to $42.1 billion
at the end of 1956, an increase of $2.7 billion. That portion of the
consumer debt represented by installment obligations is estimated at
$34.1 billion at the close of 1957 of which $15.5 billion or 45.4 percent
was made to finance automobile purchases. This percentage relationship changed very little from that reported in 1956. Automobile paper
alone increased an estimated $1 billion during the year. The upward
trend has been maintained for many years, and the high point of
$15.6 billion was reached in October.
At the end of the year national banks held $8.1 billion of installment
type personal and consumer loans. This represented a gain of $677
million over the $7.5 billion held at the close of 1956. The national
banking system held 27.6 percent of the $29.4 billion of installment
loans held by all financial institutions. Included in the national bank
holdings was $3.9 billion of automobile paper, representing a gain of
$395 million during 1957. Such paper constituted 48.1 percent of all
installment type loans held by national banks.
Reports of examinations made during 1957 showed a decrease in
consumer installment loan delinquencies of 90 or more days' duration
in national banks. Floor plan loan delinquencies increased slightly.
Accumulated as of respective dates of examinations, the total of
unpaid balances of such delinquent loans expressed as a percentage
of the total outstanding is as follows for that group of national banks
which segregate installment loans in their loan portfolios or hold such
paper in an aggregate amount equal to or exceeding 10 percent of
their loan accounts.
Installment loan delinquencies
Year
1956
1957
-
Number of
banks
Total installment
loans (A)
Automobile loans
Floor plan
loans (B)
Loans collateralPd by
installment
obligations
(C)
4,073
4,032
Percent
0.56
.36
Percent
0.33
.20
Percent
0.19
.13
Percent
0.12
.16
Total
(A) (B) (C)
Percent
0.50
.34
Sound standards with respect to down payment and maturity
terms continued to prevail in the installment lending policies of
national banks generally. Although there has been a slight increase
in the number of national banks which make automobile loans with
lower down payments, the requirement of a short maturity is in some
of these cases a mitigating factor.
The installment credit section added to the report of examination
in August, 1955, has continued to develop desired and useful information. This is true with respect to supervisory requirements and also
as a means whereby management may measure the effectiveness of
installment lending policies.
As of the date of the most recent examination in 1957, the following
schedule, divided into three size groups, sets forth the details of the
down payment and maturity policies of the 4,032 national banks
which segregate installment paper in their loan portfolios or hold
such paper in an aggregate amount equal to 10 per cent or more of
their loan accounts.
REPORT OF THE COMPTROLLER OF THE CURRENCY
GROUP I BANKS
(Resources under $10MM)
NEW AUTOS
Percent of down paj^ment
Term (number of months)
20
18 and under
24
30
36
.
_. - __
.
_ .
.
Total
25
Over
30
0
4
0
0
8
49
35
20
6
14
14
4
112
Total
number
of banks
6
203
1,324
577
361
8
17
10
4
225
1,408
636
391
40
2,465
39
2,660
USED AUTOS—LESS THAN 1 YEAR OLD
18 a n d u n d e r
24
___
30
36
Total -
. . .
_.
0
0
0
0
2
8
11
2
5
2
2
0
141
461
111
23
27
14
1
0
175
485
125
25
0
23
9
736
42
810
USED AUTOS-1 TO 2 YEARS OLD
1 8 a n d u n d e r _ „ _ ___ __-
24
o0
36
.
Total..- . . .
2
2
1
0
14
15
4
1
10
13
4
1
985
1,133
82
16
190
62
0
0
1,201
1,225
91
18
5
34
28
2,216
252
2,535
USED AUTOS—2 TO 3 YEARS OLD
18 and under
24
30 . 36
-
-
--
-
Total .
---
.--
6
3
0
0
15
8
1
1
14
2
0
0
1,514
498
17
6
368
32
0
0
1,917
543
18
7
9
25
16
2,035
400
2,485
USED AUTOS—3 TO 4 YEARS OLD
18 and under
24
30
36
-
—
Total
4
2
0
0
18
1
1
0
14
2
0
0
1,572
185
9
3
471
23
0
0
2,079
213
10
3
6
20
16
1,769
494
2,305
USED AUTOS—OVER 4 YEARS OLD
18 and under
24
30
36
.
Total
3
2
0
0
13
1
0
0
10
1
0
0
1,174
71
2
2
449
9
0
0
1,649
84
2
2
5
14
11
1,249
458
1,737
REPORT OF THE COMPTROLLER
OF THE CURRENCY
GROUP II BANKS
(Resources between $10MM and $50MM)
NEW AUTOS
Percent of down payment
Term (number of months)
20
Total
0
0
4
3
0
8
15
15
!otoo
18 and under
24 .
30 .
36
Over
30
25
Total
number
of banks
7
38
6
21
339
325
222
2
1
3
4
23
350
366
250
27
907
10
989
USED AUTOS-LESS THAN 1 YEAR OLD
18 and under . _
0
24
30
36
o
0
0
0
o
1
3
0
1
4
0
23
100
71
10
3
1
1
1
26
102
77
14
0
4
5
204
6
219
Total
U S E D A U T O S - 1 T O 2 YEARS O L D
36-
Total-.
0
1
1
1
0
3
2
0
2
8
1
0
238
547
71
4
36
29
1
0
276
3
5
11
860
66
945
469
329
3
1
97
oooo
18 and under. .
24
570
355
4
1
802
115
930
76
5
USED AUTOS—2 T O 3 YEARS O L D
oo to
Total
0
oo to
18 and under
24
30
36
4
4
1
0
2
2
9
0
USED AUTOS—3 T O 4 YEARS O L D
18 and under
24
30
36
Total
1
1
0
0
0
1
0
0
7
2
0
0
624
102
0
1
133
6
0
0
765
112
0
1
2
1
9
727
139
878
USED AUTOS—OVER 4 YEARS OLD
18 and under
24
30
36
Total
2
0
0
0
1
1
0
0
8
0
0
0
496
29
0
1
148
1
0
0
655
31
0
1
2
2
8
526
149
687
8
REPORT OF THE COMPTROLLER OF THE CURRENCY
GROUP III BANKS
(Resources $50MM and over)
NEW AUTOS
Percent of down payment
Term (number of months)
25
20
18 and under...
24 __
30
36.
_.
. .
_
Total
Total
number
of banks
Over
30
0
0
1
2
0
7
8
11
0
0
16
5
3
48
100
58
0
0
4
8
3
55
129
84
3
26
21
209
12
271
3
23
20
7
2
2
0
0
5
25
25
9
53
4
64
USED AUTOS-LESS THAN 1 YEAR OLD
Total
0
0
1
0
0
1
0
0
3
1
r-i
18 and under
24
30
36
2
4
o1
USED AUTOS-1 f O 2 YEARS OLD
18 and under
24 .__
30.
36
Total
0
1
0
0
0
q
2
0
0
4
6
0
37
162
20
1
8
14
1
0
45
190
29
1
1
11
10
220
23
265
140
115
1
USED AUTOS-2 TO 3 YEARS OLD
18 and under
.
Total....
_
.___
1
0
0
0
1
7
0
0
2
3
0
0
112
96
1
1
24
9
1
8
5
210
33
257
o0
r-l
24
30
36
USED AUTOS-3 TO 4 YEARS OLD
18 and under
24 _
30
36
__
_
Total
1
0
0
0
4
2
0
0
2
1
0
0
173
22
0
1
37
3
0
0
217
28
0
1
1
6
3
196
40
246
USED AUTOS—OVER 4 YEARS OLD
18 and under _. .
24
30
36
—
Total
1
0
0
1
0
0
0
128
3
0
1
55
o0
0
3
1
0
0
0
188
4
0
1
1
4
1
132
55
193
REPORT OF THE COMPTROLLER OF THE CURRENCY
9
Liquidity
At the close of 1957 national banks held cash, balances with other
banks, including reserve balances, cash items in process of collection,
and obligations of the United States totaling $58.2 billion, which was
$559 million less than at the end of 1956. Such assets represent 74.7
percent of demand deposits and 53.2 percent of total deposits at the
close of 1957 as opposed to 74 percent and 54.7 percent, respectively,
in 1956 and 77 percent and 57 percent in 1955.
Throughout 1957 all national banks and State bank members of the
Federal Reserve System were required to maintain on deposit in their
respective district Federal Reserve banks 5 percent of time and 12
percent of demand deposits if not located in a reserve or central reserve
city; 5 percent of time and 18 percent of demand deposits if located in a
reserve city, and 5 percent of time and 20 percent of demand deposits
if located in a central reserve city. Early in 1958 the Board of Governors of the Federal Reserve System authorized two one-half of 1
percent reductions with respect to the reserve balances that must
be maintained on demand deposits.
The full reserve requirements of national banks and State bank
members of the Federal Reserve System must be maintained on deposit
with the Federal Reserve bank of the district in which each such bank
is located and no allowance is made for holdings of vault cash or
securities. The laws of the States vary with respect to whether reserves required of nonmember State banks may be maintained in
vault cash, balances with depsitory banks, securities, or combinations
of two or all of these forms.
It is clear that national banks and State bank members of the
Federal Reserve System are, in practice, subject to more exacting
reserve requirements than are nonmember banks in many States.
Among the changes of law which the Comptroller would consider
desirable is an appropriate allowance in computing reserves for cash
held in vault.
Investment Accounts
Effective August 16, 1957, the Investment Securities Regulation
was amended to clarify the eligibility status of small issues of special
revenue municipal obligations. The Regulation now provides:
"Special revenue obligations of States or local governments or of
duly constituted public Authorities thereof which possess a high degree
of credit soundness, so as to assure sale under ordinary circumstances
with reasonable promptness at a fair7 value * * * may be considered
to constitute 'investment securities. "
Another amendment to this regulation resulted in the removal of
certain restrictions previously held to be applicable to the purchase or
sale of securities under repurchase or resale agreements under the
provisions of section 5136, U. S. R. S., relative to investment securities. The amendment gives recognition to the nature of such dealings
as the lending and borrowing of money which brings them within the
standards of exception 8 of section 5200, U. S. R. S., governing loan
transactions secured by direct obligations of the United States.
Concurrent with the foregoing amendments a regulation was issued
idi for an adjustment in the limits on loans secured bv direct
10
REPORT OF THE COMPTROLLER OF THE CURRENCY
obligations of the United States. (See comments in this regard
under "Loans".)
The year 1956 saw a decline of $2.3 billion in investment securities
of national banks with the proceeds used in the expansion of loans.
In 1957, due to a smaller growth in loans, the banks were not again
obliged to look to their investment accounts for funds to meet loan
demands. Instead, total investment accounts in 1957 showed a net
increase of $449 million. Reductions continued at a much slower
pace in United States bond holdings which were off only $340 million
for the year as compared to a drop of $2,011 million in 1956. Offsetting
this reduction and accounting for the net increase in total investments
was the increase of $789 million in other bonds.
The year 1957 showed a continuance of the trend, which became
pronounced in 1956, to shorter maturities as may be seen in the following schedules. Collectively the portfolios of national banks reflect a
very high degree of investment quality.
[In millions of dollars]
United States bonds
Dec. 31,1955 Dec. 31,1956 Dec. 31,1957
Short term
Medium term _
Long term__
18,982
11,951
2,754
22,363
6,321
2,992
23,924
4,710
2,702
Total
33,687
31,676
31,336
Recapitulation by maturities
(United States bonds as of Dec. 31,1957; municipal and other bonds as of most recent examination reports—
adjusted)
[In millions of dollars]
General
obligation
municipal
bonds
Special
revenue
municipal
authority
and corporate
bonds
* 23,924
4,710
2,702
3,148
1,996
1,196
2,118
458
463
29,190
7,164
4,361
31,336
2 6,340
* 3,039
40,715
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
1
2
3
Includes
Includes
Includes
Corporation
__..
Total
$609 million of nonmarketable United States bonds.
$1,139 million of general obligations of States and $539 million of housing authority obligations.
$971 million of special revenue municipal authority obligations and $1,060 million of Federal
(not guaranteed) bonds.
Capital structure
As the capital structure of a bank provides the margin of protection
against fluctuations in the value of the bank's assets, adequate capitalization of all national banks has always been a significant objective of
the Comptroller's office. During 1957, capital revision programs were
undertaken by 228 national banks which resulted in national bank
shareholders supplying $223 million additional proprietary funds.
REPORT OF THE COMPTROLLER OF THE CURRENCY
11
The shareholders of 332 national banks, with the approval of the
Comptroller, approved dividends payable in common stock having a
total par value of $65 million during the year. During the 10-year
period from 1948 to 1957, 1,723 national banks increased their capital
structures $1,278 million through the sale of additional common stock.
As of December 31, 1957, the capital, surplus and undivided profits
of the 4,627 national banks totaled $9,093 million, and their reserves
for bad debts and other valuation reserves on loans amounted to $964.4
million, making an aggregate total of capital funds and reserves of
$10.1 billion. This represents 9.2 percent of deposit liabilities and 8.3
percent of total assets. Deducting $63.2 billion represented by cash
and its equivalent, United States Government obligations, and loans
or portions of the loans guaranteed or insured by Federal Government
agencies from the $121.5 billion of total assets, $1 of capital protection
covers the potential risks involved in each $5.80 ($5.88 at the close of
1956, $5.80 at the close of 1955, $5.27 at the close of 1954) placed in
loans, municipal and corporate bonds, and other assets.
The exposure offered by the volume of assets considered by national
bank examiners to contain substantial or unwarranted degrees of risk
continues small in relation to the protection afforded by capital
structures and reserves.
Earnings and net additions to reserves
Net profits before dividends for all national banks in 1957 were
$729.9 million, a rise of 12.8 percent from the 1956 level. This figure
is exclusive of $121.5 million transferred to effect a net increase in bad
debt and valuation reserves. The sum of such net profits and reserves
is equivalent to 9.36 percent of year-end capital funds, up from 9.32
percent in the preceding year. Cash dividends of $363.8 million (4
percent of capital accounts at end of year) were paid to shareholders,
as against $329.9 million in 1956. Net retained earnings plus additions
to reserves amounted to $487.6 million.
Net earnings from current operations amounted to $1,576.6 million,
a gain of nearly $80 million over 1956. Increased interest rates on
loans, an effect of heavy demand for funds during the year, raised gross
earnings from that source by $309.4 million to a $2,631.1 million level.
This more than offset the increased cost of doing business resulting
from a higher rate of interest paid on savings accounts, which rose
sharply from $437.2 million to $635.8 million. Payrolls absorbed 27.7
percent of total earnings.
After giving effect to actual recoveries on assets previously charged
off of $61.7 million, profits on securities sold of $31.1 million, actual
losses on securities sold and charge-offs against book values of $151.2
million, actual loan losses of $74.4 million, and actual losses on other
assets of $47.2 million, the national banking system in 1957 had net
profits of $1,396.6 million. After deducting net additions to bad debt
and valuation reserves of $121.5 million, pretax profits were $1,275.1
million. Income taxes paid amounted to $545.2 million, equal to
34.6 percent of net earnings from current operations, thereby reducing
net profits to the above-stated amount of $729.9 million.
Set forth below is a 5-year schedule of earnings, expenses, dividends,
etc., per $100 (1) of assets and (2) capital funds.
12
REPORT OF THE COMPTROLLER OF THE CURRENCY
Earnings, expenses, etc., of national banks for the years ended Dec. SI, 1968, 1954i
1965, 1956 and 1957
["Indicates amounts in millions of dollars]
*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.) l
.-_
_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..
_
1953
1954
1955
110,117
7,410
3,068
$2.79
$41.41
1,845
$1.68
$24.90
1,223
$1.11
$16.51
116,151
8,104
3,226
$2.78
$39.81
1,996
$1.72
$24.63
1,230
$1.06
$15.18
113,750
7,936
3,437
$3.02
$43.31
2,105
$1.85
$26.53
1,332
$1.17
$16.78
117, 702
8,472
3,833
$3.26
$45. 24
2,336
$1.99
$27.57
1,497
$1. 27
$17.67
120,523
9,093
4,284
$3.56
$47.11
2,707
$2.25
$29.77
1,577
$1.31
$17.34
-151
-$.14
-$2.05
466
$.42
$6.28
606
$.55
$8.18
275
$.25
$3.71
2 331
$.30
$4.47
+149
+$.13
+$1.84
-154
-$.14
-$1.94
446
$.39
$5.62
732
$.64
$9.22
310
$.27
$3.90
2 422
$.37
$5.32
-275
-$.23
~$3.25
432
$.37
$5.10
790
$.67
$9.32
330
$.28
$3.89
2 460
$.39
$5.43
-180
-$.15
-$1.98
545
$.45
$5.99
852
$.71
$9.37
364
$.30
$4.00
2 488
$.41
$5.37
532
$.46
$6.56
847
$.73
$10.46
300
$.26
$3.70
2 547
$.47
$6.76
1956
1957
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
Includes funds transferred to reserve for bad debts and valuation reserves less the amount of assets
charged off against such reserve accounts. Includes $33 million in 1953, $106 million in 1954, $89 million in
1955, $143 million in 1956 and $122 million in 1957 transferred to effect a net increase in reserves for bad debts
and valuation reserves. (Taxes would have absorbed a portion of these amounts had the transfers not
been made.)
Reserve for bad debts
At the end of 1957, 2,772 national banks were maintaining Reserves
for Bad Debts aggregating $920.7 million, an increase of $128.0
million over the preceding year. These particular banks held gross
loans totaling $48.0 billion, or 93.33 percent of all of the loans of the
4,627 banks in the national system. The total of Reserves for Bad
Debts amounted to 1.92 percent of gross loans of the 2,772 banks
maintaining such reserves.
This office has long advocated the need for a bad debt reserve
formula not limited to the loss history of the individual bank, as
under the present formula, but applicable to every bank upon the
basis of the consolidated loss experience of all banks. As a necessary
incident to the business of bank lending, it is to be anticipated that
losses will at some time occur and may become abnormally large
REPORT OF THE COMPTROLLER OF THE CURRENCY
13
under unfavorable conditions. They are a banking hazard against
which a reasonable initially tax-free reserve should be established and
this has been recognized by rulings of the Internal Revenue Service
under which the reserves mentioned above have been provided.
Reserves created under tbe present formula are based on the historical
experience of each bank and banks which were able to come through
the years since January 1, 1928, with relatively small amounts of
losses are correspondingly limited in the amount of tax-free reserves
which they may establish.
A study has been conducted of "Reserve for Bad Debt Losses on
Loans" in all insured commercial banks which points up the need for
a more adequate and equitable formula. The study disclosed that
the average ceiling amount which may be accumulated in reserves
for bad debts by commercial banks under the present formula is 2.43
percent of eligible loans. This study takes into consideration only
the loss experience of banks which survived the depression years of
the early 1930's. The loss experience of closed banks cannot and
should not be dominant in determining tbe ceiling factor for reserves
for bad debts, but it should be considered and weighed in developing
an adequate new formula. Through the years 1913 to 1944 the
liquidation was completed of 2,171 national bank receiverships, of
every size and in every State except Delaware, involving loans of
$1,802,161,000 at date of failure. These loans were liquidated with
losses of $572,435,000, or a loss percentage of 31.8. If 2 large receiverships with an unusually favorable loan loss record were eliminated, the average loan loss experience of the remaining 2,169 receiverships amounted to 36 percent.
The reserve for bad debt study revealed substantial inequities between commercial banks having very high loan loss experience factors
and those having small factors. Simply to show the spread between
the high and low loan loss factors, a bank in Illinois is permitted under
the present formula to establish reserves for bad debts equal to 24
percent of its eligible loans. On the low side, a bank in Pennsylvania
having eligible loans of $1,400,000 has a loan loss factor of only 0.002
percent entitling it to a present reserve ceiling of only $84.
Mutual savings banks and savings and loan associations are permitted to develop tax-free reserves up to 12 percent of total deposits
or withdrawable accounts of their depositors or shareholders, and
are allowed as deductions against taxable income all dividends or
interest paid. Such a formula is more favorable by far than the
formula under which commercial banks operate.
A resume of the reserve for bad debt study is incorporated below.
467548—58
14
REPORT OF THE COMPTROLLER OF THE CURRENCY
Statement re reserves for bad debt losses on loans, June 6, 1957, insured commercial
banks {13,216 banks)
[Amounts In thousands of dollars]
(Does not include data on 440 noninsured State
commercial banks with resources of $2.3 billion)
Banks 5
million
resources
and under
Banks
resources
over 5 million
Total
Banks using reserve method (number)
Total resources
Aggregate loans
Ineligible loans
Net loans
Total reserve for bad debts already established
Ceiling reserve for bad debts (under present formula) _
Ceiling, 3 percent of loans
Increase over present ceiling
3,193
$8, 510,283
3,331,014
270,845
3,060,169
64,498
85,432
91,825
6,393
3,519
$172,709, 201
79,849, 229
7,059, 731
72, 789,498
1,466, 507
1,755,353
2,183,685
428,332
6,712
$181, 219,484
83,180, 243
7,330, 576
75,849,667
1, 531,005
1,840, 785
2, 275, 510
434,725
50.8
87.4
89.6
90.1
89.4
2.02
2.43
3.0
23.6
6,504
1,173
$15,327,440 $26,046, 579
5, 748, 573
9,654, 811
454,052
735, 240
5,294,521
8,919,571
0
0
216,747
267,585
50,838
49.2
12.6
10.4
9.9
10.6
0.0
2.43
3.0
23.6
Banks not using reserve method (number)
Total resources
Aggregate loans
Ineligible loans
Net loans
Reserves already established
Estimated reserve ceiling (under present formula).
Ceiling, 3 percent of net loans
Increase over present estimated ceiling
5,331
$10,719,139
3,906,238
281,188
3,625,050
0
Ceiling, present formula
Ceiling, 3 percent of loans
Percent
2,057,532
2,543,095
Net increase, 3 percent formula...
485,563
RECAPITULATION
[Amounts in millions of dollars]
Eligible loans
Number
of banks
No reserve for bad debts established
Banks with reserve for bad
debts ceiling:
1.99 percent or less
2.00 percent to 2.99 percent,
3 percent or over
Total
-_-
Reserves for bad
debts
Amount
Ceiling
established amount
Percent of:
Ceiling
reserve
to total
ceilings
Amount
of ceiling to
amount
eligible
loans
Amount
Percent
6,504
8,919
10.5
0
1216
10.5
12.43
2,778
1,689
2,245
33,076
25,505
17,269
39.0
30.1
20.4
402
547
582
435
641
764
21.1
31.2
37.2
1.32
2.51
4.43
13, 216
84,769
100.0
1,531
2,056
100.0
i Estimated in same proportion to eligible loans as the total of ceiling of participating banks represents
o ftheir total eligible loans (2.43 percent).
REPORT OF THE COMPTROLLER OF THE CURRENCY
15
Employee Pension and Welfare Plans
In order that the Comptroller's office may be informed as to the
scope and other factors relating to employee pension, profit-sharing,
cash bonuses, and other welfare plans, such as group hospitalization and life insurance, the examination report form was revised
during 1957 for the purpose of providing pertinent information regarding these plans. Since the effective date of the revision, employee
benefit programs in 4,031 national banks have been analyzed.
Formal pension plans have been adopted by 1,400, or 34.6 percent
of the banks surveyed. The plans are usually implemented by a
funded trust or through the acquisition of annuity contracts for the
participants. In many instances, the plans are administered by the
bank's trust department subject to the direction of an Advisory
Committee generally consisting of directors, officers, and employees
of the bank. Some larger banks and a few State bankers' associations have established group or commingled pension plans in which
various banks participate. These plans are administered under a
single trust indenture. In approximately 45 percent of the pension
programs, the employees bear part of the cost of the plans.
Profit-sharing plans are not nearly as common as other types of
employee benefits. Only 292, or 7.2 percent of the banks surveyed
have adopted profit-sharing arrangements. The plans are established
primarily for the distribution of a lump-sum payment at a future
date, usually upon retirement, which may be used by the employee
in any way desired. In many instances, the lump-sum payment
may be used by the employee for the purchase of insurance annuities,
which, in effect, supplement benefits received under the pension
program.
Cash bonuses are distributed by 3,571, or 88.6 percent, of the
banks surveyed and employees in 2,720, or 67.5 percent, enjoy
benefits under some other type of welfare plan.
The Office of the Comptroller of the Currency has encouraged the
establishment of pension and welfare plans providing they are not
discriminatory and the cost cf such plans is not unduly burdensome
upon the bank's earnings. These plans tend to assist in providing
continuity of management, increasing employee efficiency, reducing
turnover and improving morale.
The following table shows the number of banks which have various employee welfare plans in operation and the average annual cost
of each plan to the bank and its staff. Data is classified according
to size of bank based on total deposits.
Size of bank based on
total deposits
Less than 5 million.__..
5 to 10 million
10 to 25 million
25 to 50 million
__.
60 to 100 million
_..
100 to 500 million
Over 500 million
Number
of banks
surveyed
Contributions made
by—
Retirement or
pension
plan
Average annual cost
pension plans
To bank
Profitsharing
plan
To staff
2
47
1
63
4
73
5
41
4
21
3
21
2
5
To bank
To Staff
1,073
4,247
3,769
5,386
14,800
11,064
13,333
27,975
49, 575
34,190
129,600
160, 586
352, 900
776,200
1,150
Gash
bonus
plan
Average
Average annual cost
annual
Other
other welfare plans
cost
employee
cash
welfare
bonus
plans
plan
To bank To staff
fBank and staff
2,063 IBank
only
Bank and staff
906 "Rank
only _
and staff
599 Bank
Bank only _ r . . . .
and staff
217 Bank
Bank only _ _ _
Bank and staff
125 Bank
only
and staff
_ _
100 Bank
Bank only
21 Bank and staff
Bank only _
2,555
158
3,276
162
4,929
173
5,937
196
9,107
146
11,191
209
17,642
62
23,612
85
35,027
41
45,538
60
100,622
49
115,854
39
10 1,202,040
10 666,300
bank and staff..
4,031 /Total
\Total bank only
_.
639
761
21
271
3,571
1,199
1,521
1,400
292
3,571
2,720
Grand total
719
Average annual cost
profit-sharing
plans
1,312
2,832
5,924
10,090
36,251
161,970
1,475
5,225
5,133
16,600
56,700
203,350
1,816
3,213
822
6,722
534
13,006
193
23,087
106
38,916
86
99,263
14
296,143
391
745
282
382
255
234
118
72
78
46
57
39
18
3
507
650
1,021
1,154
2,263
2,454
4,788
4,571
9,130
8,887
24,346
32,126
176,939
118, 933
341
759
1,277
2,208
6,063
21,298
107,256
REPORT OF THE COMPTROLLER OF THE CURRENCY
17
Branch Banking
Branch banking presents an increasingly important and exacting
bank supervisory task throughout 36 States, the District of Columbia,
Alaska, Hawaii, and the Virgin Islands. There were 487 de novo
branch applications received during the year 1957, as compared to
524 received during 1956, the record number of 532 during 1955, and
383 during 1954.
The following represents the disposition made of the 487 de novo
branch applications received during 1957:
Percentage
Approved (primary approvals of applications for permission to establish
branches)
Rejected.
_._
Withdrawn
In process of investigation and study
Total
_
_
100
In 1957, certificates of authorization for the establishment and
operation of 404 branches were issued, including eleven which had
not yet opened for business on December 31, 1957. Eight branches
which were authorized in 1956 did not open for business until 1957.
This resulted in 401 branches opening for business during 1957.
During this same period of time changes took place in existing branches,
and at year end there were 4,023 branches, including 4 seasonal agencies, being operated by 685 of the total 4,627 active national banks,
reconciled as follows:
Branches in
operation on
Dec. 31, 1956
State
Alabama ._
_
Arizona
Arkansas
California
Connecticut
District of Columbia _._
Georgia
Idaho
_Indiana
Kansas.—
..
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan...
_
42
77
3
947
54
27
35
62
92
44
67
26
44
146
156
Existing
Branches
opened for branches discontinued or
business
during 1957 consolidated
during 1957
5
16
1
73
10
2
2
4
17
2
5
7
5
9
12
9
1
3
4
1
I
Branches in
operation
Dec. 31,1957
47
92
4
1,017
60
29
37
65
109
2
49
74
31
53
158
164
18
REPORT OF THE COMPTROLLER OF THE CURRENCY
Branches in
operation on
Dec. 31,1956
State
Minnesota
Mississippi .
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina _
Ohio .
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Utah
Vermont
Virginia
Washington
Wisconsin
Alaska
Hawaii
Virgin Islands.
_.
_
_ __
_ . __
--
Total
._
._
-
Branches
opened for
business
during 1957
6
10
1
16
1
168
17
322
67
202
136
314
39
68
23
78
31
6
82
203
15
6
21
1
3,655
Existing
branches dis- Branches in
continued or
operation
consolidated Dec. 31,1957
during 1957
16
5
15
11
19
3
19
1
47
14
33
3
34
4
9
14
6
1
14
11
1
2
1
401
1
8
3
1
1
7
1
186
18
361
78
234
138
341
43
76
23
92
37
1
6
96
214
16
8
22
1
-33
2 4,023
1 Established prior to enactment of McFadden Act, Feb. 25,1927.
2 Does not include 23 branches in operation by 7 nonnational banks in the District of Columbia under the
supervision of the Comptroller of the Currency.
The large number of branch facilities established daring 1957
reflects the continuing population growth of suburban areas requiring
new or additional banking services, parking problems in cities and
larger towns, and the increased business volume of many banks which
could not be accommodated adequately in their existing quarters.
Increasing traffic congestion and parking problems in urban business
sections continued to promote the need for drive-in banking service;
31 percent of the 401 branches opened for business during 1957 provided for this type of service. Sixty-eight bankless communities
were provided with branch offices.
Branches opened for business during 1957 were distributed among
areas with various population density, and established by banks of
various sizes as follows:
In suburban areas of large cities
In cities with population less than 5,000 (including 68 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 over 50,000
Total
By banks with less than $10MM total resources
By banks with total resources of $10MM to $25MM
By banks with total resources of over $25MM
Total
17
92
147
48
97
401
52
62
287
401
During the current year new legislation was enacted by several
States permitting the establishment of limited facilities beyond the
confines of the banks' place of business. The following tabulation
19
REPORT OF THE COMPTROLLER OF THE CURRENCY
briefly summarizes the current status of branch banking statutes of
States and territories including those changes.
States permitting Statewide branch banking
States permitting branch
banking within limited
areas
Arizona.
California.
Connecticut.
Delaware.
District of Columbia.
Idaho.
Louisiana.
Maine.
Maryland.
Nevada.
North Carolina.
Oregon.
Rhode Island.
South Carolina.
Utah.
Vermont.
Washington.
Alabama.1
4
Arkansas.
Georgia.31
Indiana.
Iowa.4 4
Kansas. 1
Kentucky.
1
Massachusetts.
Michigan.6
Mississippi.5 *
New Jersey.1 6
New Mexico.
New York.7
North2 Dakota.4
Ohio.
Oklahoma.*
Pennsylvania.11
4
South Dakota.
Tennessee.1
Virginia.1
Wisconsin.4
Virgin Islands.10
Alaska.^
Hawaii.9
States prohibiting
branch banking
States with no laws
r e g a r d i n g branch
banking
New Hampshire.
Wyoming.
Colorado.
Florida.
Illinois.
Minnesota.
Missouri.
Montana.
Nebraska.
Texas.
West Virginia.
1
2
Permits branches within the city and/or county of head office.
Permits branches within limits of county.
3
Permits banks in certain classes of cities to establish branches within limits of city of head office.
4
Permits only "offices," "agencies," "stations," "windows" or "branches" for limited purposes.
5
Permits
branches within 100-mile radius of head office.
6
Permits banks to establish branches within the county or county contiguous to the county in which the
head
office
is
located, or within a certain distance of the head office, or city in which the head office is located.
7
Permits banks to establish branches within the limits of the banking district in which the head office
is 8situated.
Permits banks to establish only a limited number of branches.
9
Permits branches within certain geographical zones.
10
There are no provisions as to branches of local banks, but banks not organized in the Virgin Islands
"may
do business and establish offices in the Virgin Islands * * * ".
11
Permits banks to establish branches within the county or county contiguous to the county in which
the head office is located.
(Reference should be made to the various statutes for detailed provisions of the law.)
The following schedule reflects the total number of national and
State commercial banking units in operation in the United States
and possessions at the end of 1957.
State
Alabama
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
District of Columbia.
Florida
Georgia
Idaho
IllinoisIndiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland..
Massachusetts
Michigan
Number
of all
banks
239
7
237
128
170
87
27
16
270
396
28
939
464
668
595
364
182
57
148
171
398
Number
of all
branches
54
125
28
1,351
139
41
52
219
161
2
105
137
107
180
294
446
Total
Number of all
Total
banking banking units banking
units as of in relation
resources
Dec. 31,1957 to population (in millions
of dollars)
132
265
1,479
170
226
270
457
105
939
683
829
597
469
319
164
328
465
1 per 10,900
1 per 8,800
l p e r 6,700
l p e r 9,600
1 per 10,000
l p e r 6,800
l p e r b,250
1 per 12,300
1 per 15,700
1 per 8,400
l p e r 6,200
1 per 10,400
l p e r 6,700
l p e r 3,400
l p e r 3,600
1 per 6,600
1 per 9,800
l p e r 4,800
l p e r 8,000
l p e r 6,600
l p e r 9,400
1,949
994
1,167
22,762
1,856
2,480
709
1,532
4,411
2,769
614
17,426
4,667
3,123
2,274
2,353
3,003
656
2.385
5,dl0
8,629
20
REPORT OF THE COMPTROLLER OF THE CURRENCY
Number
of all
banks
State
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
Washington
West Virginia
Wisconsin
Wyoming
_
__
_
_.
_
__
_.
__.
Total United States
Possessions
Total United States and possessions.
Total Number of all Total
banking banking units banking
Number
units as of in relation
of all
resources
branches Dec. 31,1957 to population (in millions
of dollars)
lper
1 per
lper
1 per
1 per
lper
lper
lper
1 per
] per
1 per
lper
lper
1 per
1 per
lper
1 per
lper
lper
1 per
lper
lper
1 per
1 per
lper
1 per
1 per
lper
4,900
7,200
7,000
5,900
3,500
7,400
5,200
8,900
9,800
8,500
7,700
3,600
8,400
5,900
8,500
7,900
7,600
9,700
3,200
7,600
9,700
7,900
4,100
7,500
8,200
10,900
5,600
6,000
4,107
1,175
6,119
195
608
115
421
6
74
271
52
460
210
154
611
387
55
771
10
144
172
298
955
49
59
313
88
183
551
53
1
31
2
329
34
1,166
383
26
488
1
156
589
76
105
52
162
3
61
17
200
236
151
689
307
610
115
422
37
76
600
86
1,626
593
180
1,099
388
211
1,360
86
249
224
460
958
110
76
513
324
183
702
13,539
41
7,967
138
21,506
179
222,676
1,344
13,580
8,105
21,685
224,020
112
2
53
809
1,606
357
405
6,837
637
45,033
2,737
765
11, 220
2,598
1,956
14,679
912
963
684
3,065
11,398
917
369
3,197
2,719
1,334
4,315
394
NOTE: Above data do not include 523 mutual savings banks operating 405 branches with total resources
of $35,168 million.
During the past few years many banks have found it necessary to
enlarge their operations through the establishment of facilities which
are in close proximity and connected to an authorized office either by
tunnel, overhead passageway, pneumatic tube, or a passageway under
a canopy. These facilities are not considered to represent the establishment and operation of a branch within the meaning of section 5155
of the Revised Statutes (12 U. S. C. 36).
Such methods of augmenting existing services through the medium
of connected facilities are coming into more general use. Many
banks have been unable readily to alleviate their problems of cramped
quarters and/or customer parking because the cost of acquiring
adjoining real estate and converting it for suitable banking purposes
was prohibitive. Consequently, it has been more economical to
establish a connected facility a short distance from an authorized office.
The most usual type of facility is the drive-in operation located on a
bank's parking lot. Several States have recognized the need for this
type of additional service facility by enacting specific legislation
declaring such extensions by State-chartered institutions not to be
branches.
Of the 170 connected facilities of national banks located in 30 States,
86 have been established in States which do not permit branch banking,
the majority being situated in Florida and Texas. The following
table presents the location of these facilities by States, type of connection, and the minimum and maximum distance between the facility
and the authorized office.
21
REPORT OF THE COMPTROLLER OF THE CURRENCY
National banks operating facilities connected to an authorized office
Type of connection
State
Number
of facilities
Alabama
Arkansas
California
__ _
Colorado
Connecticut
Florida .
Georgia
Idaho
Illinois
Indiana
Iowa
Kansas
Massachusetts
Michigan
Minnesota
Missouri
Montana
Nebraska
New Hampshire
New Jersey
New York
Ohio
Oklahoma
Pennsylvania
South Carolina _ .
South Dakota
Tennessee
Texas..
Virginia
Washington
7
4
1
6
1
18
1
1
11
2
2
5
2
9
5
4
1
3
1
5
16
10
8
1
2
1
1
37
4
1
170
Tunnel
Overhead
passageway
Pneumatic
tube
5
1
2
1
1
Passage
under
canopy
1
1
6
4
1
1
ll
9
1
1
2
1
9
3
2
1
1
2
12
5
2
1
1
1
1
2
1
1
1
2
1
1
2
1
1
1
3
3
2
1
1
5
1
1
14
2
3
1
1
19
2
1
80
29
46
2
1
Minimum Maximum
footage
footage
from
from
authorized authorized
office
office
10
18
15
16
10
15
30
12
15
12
12
25
50
1]
30
30
20
12
10
18
10
18
50
25
10
160
100
15
12
60
200
100
15
105
10
403
30
12
75
17
60
75
75
150
81
94
20
40
10
90
140
80
500
25
25
160
100
400
30
60
15
Applications to Organize National Banks
Forty-eight applications to organize national banks were received
in 1957. Primary approval was granted for 12 applications, 13 were
disapproved, 7 were withdrawn or abandoned, and 16 continue under
investigation and study. The 12 approved cases have resulted in,
or are expected to result in, the organization of new national banks in
10 States as indicated by the following schedule.
Number of
approvals
State
Arkansas
.
Colorado
California
Florida
Georgia
Illinois
Indiana
Louisiana
.
Massachusetts
Montana
New Hampshire
New Mexico
Tennessee
Texas
Washington
West Virginia..
Total.
Number
of banks
opened
1
2
2
_.
_ ______
_
1
1
1
1
1
2
1
2
4
1
2
1
I
I5
Approvals
total
capital
structure
Banks
opened
total
capital
structure
Thousands
Thousands
612.5
550
1,850
750
450
130
500
300
750
350
1
U2
2 19
$5, 630
1,450
3,125
450
1,250
300
200
300
2,470
560
$10,717.5
1
Approvals include 4 which also opened for business during 1957. The remaining 8 had not completed
organization.
2
Includes 15 that were originally approved in 1955 or 1956, but did not open for business until 1957.
22
REPORT OF THE COMPTROLLER OF THE CURRENCY
One hundred seventy-three national banks were chartered during
the 10-year period ended December 31, 1957. Twelve of these banks
were voluntarily liquidated, consolidated, or converted into other
banks during the 10-year period. The remaining 161 newly organized
banks on December 31, 1957, had total resources of $1,035,302,000.
This proves quite conclusively that it has been possible for competent
and progressive managements successfully to place newly organized
banks in competition with existing banks when due care is exercised
in selecting locations where reasonable opportunities for growth and
expansion exist. A survey discloses that 38 of these banks w^ere
placed on a profitable basis during the first year of operation, 76
banks were operating profitably during the second year and 19 were
operating profitably during the third year. One bank chartered during 1955, 9 banks chartered during 1956, and 18 banks chartered during 1957 had not yet been placed on a profitable basis but all were
expected to achieve this status within a reasonable period of time.
Compensation of Bank Officers
Recently, the office of the Comptroller of the Currency conducted
a survey of the compensation paid officers in 3,980 national banks
with deposits less than $25 million. The information was compiled
from reports of examination made in the fall of 1956 through spring
of 1957.
This office has long recognized the importance for banks, particularly the smaller institutions, to maintain competitive wage structures
in their community and with industry. This is especially important
in assuring continuity and depth in management as it has become
increasingly difficult for banks to obtain experienced executives who
may be required for replacement or expansion purposes. In addition
to a scarcity of capable bank officers, taxes, pensions, and other
fringe benefits have made the availability of executive banking talent
much less fluid. For these reasons, it appears increasingly important
that individual banks be certain that their executive incentive programs afford reasonable assurance for management retention and
succession. An adequate compensation plan is a basic factor in
implementing this program.
The following tables reflect the average annual compensation of
the five highest paid officers in national banks by deposit-size groups,
Federal Reserve districts, location, and economy of the area. These
statistics confirm the prevailing opinion that the larger banks located
in the downtown districts of cities and towns primarily dependent
upon an industrial or mercantile economy pay larger salaries to their
executive officers.
Average annual compensation of the 5 highest paid officers in national banks with deposits of less than $25 million
Deposits in thousands
Less than 1,000 1 000 to 1,999
2,000 to 4,999
5,000 to 9,999
10 000 to 19 999
20,000 to 24,999
_
Total
Number of
officers
183
609
1,541
963
569
115
Average anAverage annual comNumber of nual compenpensation
officers
sation 2d
highest paid
highest paid
officer
officer
4,764
6,410
8,624
11,650
15, 547
20,145
174
583
1,524
962
569
115
3,256
4,408
6,059
8,223
10, 691
13,244
Average annual compen- Number of
officers
sation 4th
highest paid
officer
Average annual compensation 5th
highest paid
officer
4,100
5,378
7,434
8,991
0
0
2
10
513
112
2,750
4,840
6,524
7,888
40
81
74
53
48
68
107
32
291
57
56
15
8,070
7,590
6,581
7,600
7,538
7,829
7,650
7,134
7,486
8,032
8,004
8,527
37
73
67
50
46
65
98
30
47
55
54
15
7,254
6,816
5,825
6,856
6,580
6,920
6,923
6,033
6,636
6 878
6,870
7,473
575
81
24
7,697
7,467
5,746
545
72
20
6,782
6,593
5,565
305
53
322
7,774
6,938
7,547
287
48
302
6 895
6,304
6,632
Average anNumber of nual compen- Number of
officers
sation 3d
officers
highest paid
officer
82
369
1,272
936
568
115
2,460
3,459
4,753
6,431
8,651
10, 581
0
0
8
18
540
114
3,980
BY FEDERAL RESERVE DISTRICTS
Boston
New York
Philadelphia
Cleveland _
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
Total
-
225
339
438
349
288
247
442
276
317
559
426
74
221
335
421
343
286
245
437
271
315
556
424
74
11,101
11, 263
8,674
9,271
9,632
11, 702
11,310
8,882
10,475
9,967
9,949
11,511
7,447
7,497
6,138
6,660
6,742
8,084
7,868
6.289
7,335
7,099
6,936
8,349
198
273
286
279
239
221
377
231
282
495
396
65
5,626
6,442
5,609
5,800
5,629
6,569
6,397
5,282
5,881
5,688
5,612
6,980
3,980
BY LOCATION
Downtown
Perimeter . _ Rural
Total
1,966
266
1,748
12, 213
11, 706
7,622
1,959
263
1,706
8,504
8,094
5,336
1,870
228
1,244
6,748
6,802
4,424
3,980
BY E C O N O M Y ' OF THE AREA
Industrial or commercial
AgriculturalMixed
Total
933
1,524
1,523
12, 231
8,130
10,934
920
1,497
1,511
3,980
NOTE: Number of officers coincides with number of banks in all cases.
8,395
5, 719
7,684
808
1,188
1,346
6,939
4,730
6,277
24
REPORT OF THE COMPTROLLER OF THE CURRENCY
Bank Consolidations, Mergers and Sales
During 1957, the Comptroller approved the absorption of 83 banks
(55 State and 28 national banks) by 82 national banks as compared
to 105 absorptions by 101 national banks in 1956. Twenty-six
national banks and fifty-six State banks were absorbed by other State
banks in 1957 as compared to 81 such absorptions the previous year.
The following schedule contains details of the absorptions which
occurred during 1957.
Consolidations•, mergers, purchases-—1957
Numberof
banks
Total
capital
structure
Millions of dollars
27
35
1
20
National banks consolidated or merged with and into 27 national banks
State banks consolidated or merged with and into 34 national banks
National bank purchased by 1 national bank
_
State banks purchased by 20 national b a n k s . . .
83
Approved by Comptroller of Currency
19
7
66
National banks consolidated or merged with and into 17 State banks
National banks purchased by 7 State banks
__
_
State banks consolidated, merged, or purchased with or about the same
number of State banks...
.,
1838
82
Approved by State banking departments
___
1,128
26
_
2,163
116
165
1
Total
deposits
Type
Grand total
44
41
1
4
509
481
4
41
1,035
90
254
36
22
4
Total resources.
Conversions
Deposits
Number (in millions
of dollars)
State banks converted into national
banks.
National banks converted into State
banks.
Total
3
25.6
2
7.2
5
32.8
Capital structure (in millions of dollars)
2.7—converted into 3 national banks.
. 8—converted into 2 State banks.
3.5
The shareholders of the 62 national and State banks consolidated
or merged with and into 61 national banks received cash and book
value stock of the continuing banks aggregating $101,351,250 or
$17,634,832 in excess of the aggregate book value of assets which
those banks contributed to the mergers or consolidations. This
excess amounted, on the average, to 1.78 percent of the aggregate
deposits acquired by the continuing banks. On an estimated or fair
valuation basis, the shareholders of the 62 absorbed banks contributed
assets having an estimated fair value; in excess of liability to creditors
of $96,736,448 and received cash and fair value stock of the continuing banks aggregating $111,161,562 or $14,425,114 in excess of
the estimated aggregate fair value of assets which those banks contributed to the mergers or consolidations. The difference is accounted
for through an estimated or fair value appraisal of fixed assets (bank
premises—furniture and fixtures), bond appreciation or depreciation,
REPORT OF THE COMPTROLLER OF THE CURRENCY
25
allowances for pension fund adjustments, excess reserve for taxes,
etc., and amounted, on the average, to approximately 1.46 percent
of the aggregate deposits acquired by the continuing banks.
The shareholders of the 1 national bank and 20 State banks which
were purchased by the 21 national banks received $6,257,139 in cash,
or $1,633,291 in excess of the book value of the selling banks' aggregate capital structures. This amounted, on the average, to 3.64
percent of the selling banks' deposit liabilities.
In the 8-year period from January 1, 1950, to December 31, 1957,
the Comptroller's office approved the acquisition by national banks of
309 other national banks and 339 State-chartered banks through
consolidation, merger, or sale. State-chartered banks after approval
by their respective State banking departments absorbed 205 national
banks. In addition, 328 State-chartered banks consolidated or
merged with or were purchased by other State-chartered institutions.
The following table shows the number of banks which have been
absorbed since 1950 and their total resources.
Data on consolidations, mergers, purchases and sales, and conversions—1950 to
Dec 81, 1957
Number of
banks
Total resources (in
millions of
dollars)
Type
129
48
132
National banks consolidated with and into other national banks
National banks merged with other national banks
_
National banks purchased by other national banks
_
113
48
178
State-chartered banks consolidated with and into national banks
State-chartered banks merged with national banks
_
State-chartered banks purchased by national banks
Total..._
339
Total
.__
3,219
1,524
1,312
_
6,055
_
_
_
3,546
648
Approved by Comptroller of the Currency
116
National banks consolidated or merged with State-chartered banks
National banks purchased by State-chartered banks
State banks merged, consolidated, or purchased with or by other State-chartered
banks
_
_
__.
533
Approved by State banking Departments
1,181
Total for absorbed banks..
2,077
569
900
_
_
_
9,601
8,550
891
4,831
14,272
"23^873
_
CONVERSIONS—1950 TO D E C . 31,1957
20
National banks converted into State-chartered banks
State-chartered banks converted into national banks
_
166
446
Fiduciary Activities of National Banks
As of December 31, 1957, there were 1,714 national banks which
had been authorized by the Board of Governors of the Federal Reserve System to exercise trust powers either full, limited or specific,
and one national bank was authorized under title 12, U. S. C., section
34a, to continue administration of the trust accounts acquired from
a State bank by consolidation. Trust departments were being
operated in 74 branches. 238 national banks or 13.88 percent were
not exercising any of the trust powers granted.
26
REPORT OF THE COMPTROLLER OF THE CURRENCY
There is no uniform system for carrying values of trust department
assets among corporate fiduciaries. Essentially there are two systems employed which are the cost or appraised value of the asset
and the unit value. The cost or appraised value system needs no
explanation. Unit value systems carry bonds at $1 per $1,000 and
stock at $1 per share or sometimes par value is used. A combination
of both systems is usually found in any trust department and figures
taken from trust ledgers have little meaning in relation to the actual
value of the property held. The trust figures as to dollar value which
appear in this report and its appendix are believed to be beneficial
only for comparative purposes from year to year. We feel that to
require banks to furnish market values as of any given date would
place a substantial and unjustified burden upon the banks.
Of the total liabilities for accounts held by trust departments of
national banks as of December 31, 1957, 24.69 percent was in living
trusts, 13.30 percent in court accounts, 53.28 percent in agency,
escrow, custodianship type accounts, and 8.73 percent in all other
liabilities. Figures compiled from trust departments with total assets
of $75 million and over show that 82.04 percent of the total assets is
held by 6.30 percent of the number of active trust departments.
Gross earnings for 1957 were $129,433,000 which is an increase of
$12,588,000 over the previous year and an all-time high.
With the diminishing of large estates both as to number and size,
pension, profit-sharing and other employee welfare trusts have
become more important to the large corporate fiduciary. In July of
1957 the report of examination was changed to show the number,
type and market value of such accounts as of the date of the last
review by the bank. By the end of 1958 these figures will be available
for all trust departments of national banks.
Liquidation of Insolvent National Banks
During the year ended December 31, 1957, the Federal Deposit
Insurance Corporation was appointed by the Comptroller of the
Currency as Receiver of one insolvent national bank, the Del Rio
National Bank, Del Rio, Tex., under date of June 20, 1957. This
receivership was, however, restored to solvency and returned to the
bank's board of directors as of 3:00 p. m., July 2, 1957.
The receivership of the one insolvent national bank in process of
liquidation under the supervision of the Comptroller of the Currency
as of December 31, 1956, the Salt Springs National Bank, Syracuse,
N. Y., was finally closed as of December 30, 1957, following the termination of certain litigation. Creditors of this receivership were paid
principal and interest dividends amounting to 101.2 percent of their
proved claims.
With the termination of the Syracuse receivership, 2,822 insolvent national banks, with capital stock aggregating $379,812,595 at
date of failure, have been liquidated under the supervision of the
Comptroller of the Currency since the first national bank failure
in 1865. In addition to these 2,822 insolvent national banks, 159
insolvent national banks placed in receivership under the Comptroller's supervision with capital stock at date of failure aggregating
$23,100,000, were subsequently restored to solvency and returned to
REPORT OF THE COMPTROLLER OF THE CURRENCY
27
the boards of directors of such banks. The 2,822 national bank
receiverships liquidated under the supervision of the Comptroller of
the Currency had total assets of $3,744,487,469 and total liabilities
of $2,991,206,550 including deposits of $2,378,540,723. Total collections from assets, stock assessments, interest, premiums, rents, etc.,
and offsets allowed (against assets) amounted to $2,818,338,298.
Costs of liquidation of the 2,822 receiverships totaled $189,311,333,
or an average of 6.72 percent of total collections including offsets
allowed.
The proved claims of all creditors, secured and unsecured, against
the 2,822 insolvent national banks liquidated through receivership
amounted to $2,126,785,373. Of such total claims proved, returns to
claimant creditors in the form of receivers' dividends and conservators'
distributions amounted to $1,661,717,222 or an average return of
78.13 percent of claims proved. Total returns consisting of dividends,
distributions, offsets allowed and cash payments to secured and
preferred creditors amounted to a somewhat higher average return of
87.64 percent to all types of creditors upon the basis of total liabilities
established. Of the 2,822 liquidated receiverships, 551 receiverships
with deposits of $782,454,873 paid dividends of 100 percent with full
or partial interest to creditors, 689 receiverships with deposits of
$739,290,550 paid dividends of 75 to 99.9 percent, 749 receiverships
with deposits of $531,718,342 paid dividends of 50 to 74.9 percent,
474 receiverships with deposits of $237,299,195 paid dividends of 25
to 49.9 percent and 359 receiverships with deposits of $87,777,763
paid dividends of less than 25 percent. The total of 2,822 national
bank receiverships referred to above, includes 15 District of Columbia
nonnational banks, and the total of 159 national bank receiverships
restored to solvency includes one District of Columbia nonnational
bank.
Under the provisions of the Federal Deposit Insurance Act of 1950,
approved September 21, 1950, the Federal Deposit Insurance Corporation assumed full supervision of the liquidation of all insolvent
national banks thereafter placed in receivership, thus relieving the
Comptroller of the Currency of his previous responsibility in this
respect. From September 21, 1950, to December 31, 1957, the
Comptroller of the Currency, as required by the aforesaid act, appointed the Federal Deposit Insurance Corporation receiver of 4
insolvent national banks. No liquidation data as to such 4 national
bank receiverships have been included in the figures given above.
The results of liquidation of the 2,822 insolvent national banks
liquidated under the supervision of the Comptroller of the Currency
from April 14, 1865, to December 31, 1957, as briefly summarized
above and included in considerably more detail in the appendix tables
of this report, constitute a final summary of this liquidation activity.
Legislation
During 1957 the Congress continued its consideration of the proposed Financial Institutions Act, S. 1451, designed to recodify and
bring up to date all the Federal banking laws. The important
changes which would be made by that bill as it passed the Senate are
detailed in the Comptroller's Annual Report for 1956. On July 15,
28
REPORT OF THE COMPTROLLER OF THE CURRENCY
1957, the Banking and Currency Committee of the House of Representatives began open hearings on S. 1451, and its companion bill,
H. R. 7026. The hearings continued through August 15, 1957, and
were resumed early in January 1958.
Legislation Enacted
There was no legislation affecting national banking laws enacted
in 1957.
Public Law 85-199, approved August 28,1957, amended the District
of Columbia banking laws to eliminate the requirement that one-half
of the directors of District of Columbia trust companies must reside
within the District of Columbia, and to require that all such directors
must be citizens of the United States and that at least two-thirds
must reside in the District of Columbia or within 100 miles of the
location of the principal office of the company.
Litigation
During the year 1956 the Wayne Oakland Bank of Royal Oak,
Michigan filed suit against the Comptroller seeking a declaratory
judgment that the issuance by the Comptroller of a certificate authorizing the establishment by the National Bank of Detroit, Michigan, of a branch in Troy, Michigan, would be unlawful, and an
injunction restraining the Comptroller from issuing his branch certificate. The Comptroller had approved the branch of the national
bank on March 19, 1956. Under Michigan law the National Bank
of Detroit could legally establish a branch in Troy if there were no
other bank or branch in that town. At the time of the Comptroller's
approval there was no bank nor branch in operation in Troy. Subsequently, on April 2, 1956, the Wayne Oakland Bank placed in operation a branch in Troy. Under Michigan law as it had been interpreted in a formal opinion by the Attorney General of Michigan this
opening of the branch of the Wayne Oakland Bank did not preclude
the National Bank of Detroit from opening its branch which had been
previously approved by the Comptroller. Nevertheless, the Wayne
Oakland Bank filed suit against the Comptroller, and on January 30,
1957, the United States District Court for the Eastern District of
Michigan decided this case adversely to the Comptroller. On appeal
the United States Court of Appeals for the Sixth Circuit affirmed the
lower court judgment without opinion. A petition for rehearing en
bane filed on behalf of the Comptroller was denied by the Court, but
in connection with this denial the Court did render an opinion in
which it held that (1) the Comptroller had not approved the branch,
and (2) even if the Comptroller had approved the branch it could not
legally be established because of the provision contained in Michigan
law to the effect that no branch may be established in a town in which
another bank or branch is in operation. Wayne Oakland Bank v.
Gidney (C. A. 6th, 1958) 252 F. 2d 537. In reaching this conclusion
the Court disregarded the Opinion of the Attorney General of Michigan as to the proper interpretation of the State statute, and rejected
the Comptroller's contentions that (1) the Comptroller's approval
given on March 19, 1956, constituted the required statutory approval,
REPORT OF THE COMPTROLLER OF THE CURRENCY
29
(2) the restriction contained in Michigan law was not a restriction as
to location within the meaning of the Federal branch banking statute,
and (3) the Wayne Oakland Bank had no standing to sue the
Comptroller.
Examinations Conducted—Basic Purposes and Procedures
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. The Comptroller is authorized to waive an examination with respect to any particular bank not more frequently than
once in any 2-year period. In addition to the regular examinations,
special examinations are conducted of banks the condition of which is
regarded as unsatisfactory. Also, the District Code authorizes the
Comptroller to examine each nonnational bank and trust company
in the District of Columbia.
Bank examinations, in the broad sense, are made to determine the
condition, conduct and affairs generally of banks. The scope of a
national bank examination embraces every phase of banking activity
found in the particular bank under examination. Its immediate and
primary purposes are to determine whether or not the bank under
examination is (1) solvent and (2) operating within the framework of
applicable banking laws. All other purposes of a bank examination
ranging from counting the cash to gauging the strength of current
management policies, have as their end result the determination of
(1) solvency, present and prospective, and (2) the legality of the bank's
acts. In a sense, the primary purpose of bank examinations is the
determination of solvency alone because so many of the statutes affecting a bank's operations have been enacted for the purpose of safeguarding solvency. The subordinate purposes of a bank examination
have great importance, but are corollaries of the two primary purposes
noted above. Integrating the purpose with the scope, it follows that
certain specific phases of bank examination work deserve and must
receive greater stress, as required by their importance and bearing on
the solvency of a bank, than is accorded other phases not so closely
associated with its solvency.
The procedure in the conduct of an examination consists essentially
of proving all asset and liability accounts against the bank's major book
of account, the general ledger; the actual verification of all assets and
the appraisal of all assets to determine their current reasonable dollar
values in relation to their face or book values and their potential
relative soundness as bank assets if retained in their present status
over near term future periods. This, with an appraisal of the ability
and capacity of management, the general nature of its policies, and the
status of local economic conditions, adds up to a determination of
existing solvency, probable future solvency, and the strengths and
weaknesses of the institution.
During the course of an examination the examiner is required, among
other things, to ascertain that all loan documents are in good order,
that collateral pledged as security is in possession or control of the
institution and that such collateral has been properly assigned or
467548—58
3
30
REPORT OF THE COMPTROLLER OF THE CURRENCY
hypothecated. He must appraise all loans as to their collectibility and
sound value either on the basis of the value and sufficiency of pledged
collateral or the sound worth of the borrowers as shown by their financial statements plus the credit experience and other general credit
information which must be maintained in support of loans unsecured
or inadequately secured. Investment securities are analyzed as to
investment quality and evaluated as to current
market value. Real
estate mortgage loans and "other real estate77 are analyzed in respect
to payment experience, payment terms, and property operating results
and evaluated by the examiner after giving reasonable consideration to
appraisals of the realty made either by a committee of the bank's
directors or an independent appraiser of generally recognized ability
and integrity employed by the directors.
The examiner must consider and determine whether, in his opinion,
the bank's capital structure is reasonably adequate in relation to the
risk represented in its assets, volume of operations, and prospective
growth. If the examiner considers the capital structure to be inadequate, appropriate recommendations will be made by him with final
determination to be made by the chief examiner of the district and the
Comptroller of the Currency whether additional capital should be
requested.
The examiner also analyzes the earnings of the institution, reviews
the extent and adequacy of audit control, investigates for violations of
Banking Law and other applicable statutes, and reviews the action
taken with respect to such matters as may have been the subject of
special comment or criticism at the time of the previous examination.
In the course of the physical examination, asset appraisal, earnings
analysis, and the review of other matters as noted above, the policies
and practices of the bank are disclosed to the examiner. The examiner
incorporates in his report any comments and recommendations based
upon his study of the policies and practices of the bank which he considers inconsistent with sound banking principles or which contain
a greater than normal or unjustified element of risk to the condition of
the bank. While a national bank examiner's primary objectives are
largely confined to actual fact finding, he is expected to state his own
opinions and comment upon any unsound policies of the management
of the bank, as well as upon the facts he has found.
The appraisal of a bank's loans and loaning policies, and of its investments and investment policies, and a general appraisal of the
ability and capacity of management, constitute the most important
and exacting phases of an examiner's work. The examiner's judgment
of these important factors must be based to the greatest extent possible upon determined facts and upon mature judgment and logical
conclusions.
Apart from the examination of the normal banking department
functions of national banks, it is necessary to examine the trust
departments of those banks authorized to exercise trust powers.
The scope of a national bank trust department examination embraces every phase of fiduciary activity found in the particular trust
department under examination. The purpose of the examination is
primarily to determine the condition, conduct and affairs generally
of the trust department, its administrative and investment procedures
and policies (with particular effort to detect weaknesses which may
REPORT OF THE COMPTROLLER OF THE CURRENCY
31
lead to litigation and possible surcharges), and the general quality of
its management supervision, in relation to the present and future
welfare of the bank itself and of the trust accounts which it services
in various fiduciary capacities. An important corollary to the primary purposes is that of determining whether the bank's fiduciary
activities are being conducted within the framework of section 11-K
of the Federal Reserve Act, Regulation F of the Board of Governors
of the Federal Reserve System and, where applicable, of the fiduciary
laws of the State in which it operates. Integrating the purpose with
the scope, it follows that certain phases of trust examination work
receive greater stress than others.
The preliminary procedure in the conduct of a trust department
examination consists essentially of the proving and verification by a
check of all trust department assets and the proving of its liability
accounts against control figures maintained in the trust department
general ledger. This involves the counting of cash, the verification
and reconciliation of trust funds deposited with other banking institutions, proof of loans, including real estate mortgage loans, by
proving and examining the actual evidences of indebtedness, verification of all bonds and stocks by checking the instruments, verification of real estate owned by means of checking the deeds or other
evidences of title, and the proving of principal, income, and sundry
liability accounts.
The examiner must ascertain that (1) all trust assets turned over
to the trust department are intact and held by the bank in its fiduciary capacity, (2) income has been collected on income-producing
assets of the various trusts and properly distributed to the beneficiaries, or otherwise accounted for, (3) distribution of principal has
been properly made, and (4) the assets of the trust department reflect lawful and efficient management of the trusts committed to it.
Each trust account is separately considered by the examiner.
Based to the greatest extent possible upon determined facts and
upon mature judgment and logical conclusions, the examiner must
determine whether or not the bank as trustee is handling the affairs
of the trust account under consideration in a manner which conforms
with its investment and other powers and instructions as set forth
in the trust agreement or will or as specified by the Court. If the
investment powers accorded the trustee are discretionary, as they
frequently are, the examiner must determine whether the bank is
following a prudent and conservative course both in the retention of
"in kind" investments and those made by the trustee.
The examiner must be alert to the necessity for compliance with
the fundamental principle that a trustee should not have any personal
financial interest, direct or indirect, in- the trust investments bought
for or sold to the trusts of which it is trustee. He must ascertain
that contractual undertakings which entail special commitments, or
managerial duties in the operation of a business through stock ownership held in a trust, are soundly handled. Any laxness in giving immediate attention and review to assets received "in kind" must be
corrected. Briefly, the examiner is charged with the responsibility
of detecting any practice or procedure which is calculated to have a
possibly detrimental effect on the trust account or the bank.
32
REPORT OF THE COMPTROLLER OF THE CURRENCY
During the year ended December 31, 1957, 6,832 examinations
of banks, 5,566 examinations of branches, 1,526 examinations of trust
departments, and 67 examinations of affiliates were conducted. Nineteen State banks were examined in connection with consolidations
and mergers with, or purchase by, national banks, and 4 State banks
were examined in connection with conversions to national banks.
Investigations were conducted in connection with applications for
35 new charters and 448 new branches.
Organization and Staff
There were 1,106 persons in the employ of the Office of the Comptroller of the Currency on December 31, 1957, of whom 194 were on
the roll of the Washington office. The latter figure included 32 in
the Federal Reserve Issue and Redemption Division, the entire cost
of which is borne by the Federal Reserve banks. The total personnel
of the Washington office decreased by 1 during the year and the total
number of employees in the field service increased by 26 during the
same period.
During the year 18 national bank examiners left the service through
resignations, retirements, and deaths. In the same period 20 assistant
national bank examiners were commissioned examiners and 1 former
examiner was reappointed. During the same period 93 assistant
national bank examiners left the service due to resignations, military
furloughs, retirements, deaths or were promoted to examiner status,
and 113 new assistant examiners were appointed and 3 returned to
duty from military furlough, resulting in a net increase of 23 in the
number of assistants. There were 12 district chief national bank
examiners, 241 national bank examiners and 547 assistant examiners
in the service at the end of the year.
Assistant Chief National Bank Examiners Reginald M. Hodgson
and Gail W. Crossen, both of whom had been in the service for many
years, retired on January 31, 1957, and were succeeded by Kenneth
W. Leaf and John D. Gwin who had been serving as national bank
examiners in the Minneapolis and New York districts, respectively.
District Chief National Bank Examiner Robert S. Beatty, in charge
of the Kansas City office, resigned on March 1,1957, and was succeeded
by Paul L. Ross who had been serving as an Assistant Chief National
Bank Examiner in the Washington office. Mr. Justin T. Watson, an
examiner from the Cleveland district succeeded Mr. Ross as Assistant
Chief National Bank Examiner.
District Chief National Bank Examiner J. William Hudspeth who
was in charge of the San Francisco office retired from the service on
May 31, 1957, and District Chief National Bank Examiner James C.
Osborn was transferred from the Richmond office to succeed Mr.
Hudspeth. Assistant Chief National Bank Examiner John D. Gwin
was transferred to Richmond to succeed Mr. Osborn and National
Bank Examiner Arnold E. Larsen of the San Francisco district
succeeded Mr. Gwin as Assistant Chief National Bank Examiner.
The educational projects for members of the examining staff, referred
to in previous reports, were continued throughout the year. At the
33
REPORT OF THE COMPTROLLER OF THE CURRENCY
year end a total of 211 examiners and assistants had completed the
prescribed courses in the interagency school established in 1952 by the
Comptroller of the Currency, the Board of Governors of the Federal
Reserve System, and the Federal Deposit Insurance Corporation.
A total of 56 examining staff members had completed the graduate
school courses sponsored by the American Bankers Association at
Rutgers University, the University of Wisconsin, the University of
Washington, and the University of Louisiana and 20 were still enrolled
in these courses. Examining staff personnel numbering 289 had completed extension courses of the American Institute of Banking and
226 were still enrolled in these courses at the end of the year.
The following table is designed to show how the services of the 1,106
persons employed at the year end are utilized and how their work is
organized.
Division
Assistant examiners, asExecutive sistant counsel,
or super- administrative Total
assistants, auvisory
ditors, secretaries, typists,
clerks
I. EXECUTIVE ORGANIZATION
(Policy and general supervision, all located in Washington, D. C.)
Comptroller of the Currency
Deputy Comptrollers
Chief National Bank Examiner
_
1
3
1
12
13
i 1
3
6
2
5
6
11
12
123H2
124
n . FIELD ORGANIZATION
(Located in 12 Federal Reserve districts)
District Chief Naional Bank Examiners
Policy and supervision, subject to executive staff in group I,
above, of allfieldactivities.
National Bank Examiners
Perform examinations of 4,700 national banks and investigations of new branch and charter applications.
Assistant national bank examiners _ _ __
Assist national bank examiners.
241
241
253
547
547
659
912
III. WASHINGTON STAFF ORGANIZATION
(a) Examining Division
_ _
Assistant Chief National Bank Examiners. Receive and analyze all reports of examination of national and District banks,
and investigation reports on new branches and charters. Make
recommendations to executive staff in group I, above, as to dispositions of cases, and prepare letters to banks, District Chiefs,
and others. Confer with bankers, executive and staff representatives of the Federal Reserve System and the Federal Deposit Insurance Corporation, and District Chief National Bank
Examiners, regarding banking and supervisory matters. One
Assistant Chief also serves as head of the Personnel and Administrative Division, and one also serves as head ol thefieldorganization educational programs.
(6) Organization Division
Supervises activities of all national and District banks as to
corporate and organization matters; i.e., new charters, branches,
consolidations, mergers, purchase and assumption cases, sale
of new capital stock, stock dividends, articles of association,
etc. Final decisions made by executive staff in group I, above,
after review with recommendations by Assistant Chief National
Bank Examiners, and usually with the benefit of facts and
recommendations furnished by District Chief National Bank
Examiners and National Bank Examiners.
See footnotes at end of table.
8
1 2 3 4 22
30
4
1 2 3 4 18
22
34
REPORT OF THE COMPTROLLER OF THE CURRENCY
Assistant examiners, asExecutive sistant counsel,
or super- administrative
visory
assistants, auditors, secretaries, typists,
clerks
Division
Total
i n . WASHINGTON STAFF ORGANIZATION—continued
(c) Legal Division
Serves as counsel for the Comptroller of the Currency. Considers all legal matters arising in the organization, operation,
merging, and discontinuance of national and District banks.
Prepares opinions, rulings, and correspondence on legal questions. Assists on all legislative matters. Exercises general
supervision over conduct of litigation.
(d) Personnel and A dministrative Division
Performs functions relating to recruitment, transfer, promotion, separation, retirement, time and leave. Supervises and
includes personnel in mail and files section, supply and duplicating section, stenographic pool, and messenger pool.
(e) Reports and Precedents Division
Maintains all legal and policy precedents; receives reports of
examination of all national and District banks from District
Chief National Bank Examiners for binding, recording, and
distribution. Supervises and places orders for printing work
that pertains to examining division and the field organization.
(/) Statistical Division
Compiles data indicative of banking trends for the information of the Comptroller and his staff, Congress, other banking
agencies, bankers, economists, and others through examination
and tabulation of data incorporated in call reports of condition
and reports of earnings and dividends of national and District
banks.
(g) Auditor for the Comptroller
Accountable to the Comptroller of the Currency only. Maintains audits for the Comptroller of all accounts covering funds
under control of the Disbursing Office including detailed audits
of all collections and disbursements of funds; prepares and submits periodic audit reports to Comptroller; tabulates information and statistics on special subjects.
(h) Disbursing Division
Receives all checks in payment of fees for examinations and
makes deposits to the Comptroller's Treasury account. Maintains accounts covering funds of Examining Division and of
Federal Reserve Issue and Redemption Division and makes all
disbursements from these accounts covering payrolls, travel
vouchers, and miscellaneous expenses. Makes all purchases of
equipment and supplies from Examining Division funds. Handles correspondence, necessary expenditures of funds, and
maintains records relating to national banks liquidated through
receivership.
(i) Federal Reserve Issue and Redemption Division
All expenses of this division paid by Federal Reserve banks.
Handles the issuance and redemption of Federal Reserve currency as provided under the Federal Reserve Act. Maintains
detailed records of all shipments of original currency issues and
of unfit currency notes destroyed.
10
1 2 3 4 6 24
12 3 3
24
Grand total1
2
Secretarial.
Typists.
123 21
23
1 2 3 6 25
27
1 2 3 8 30
32
159
a Clerical.
4
Administrative.
6
Assistant counsel.
183
1,106
282
? Accountants.
s Money counters.
35
REPORT OF THE COMPTROLLER OF THE CURRENCY
Expenses of the Bureau
Summary statement of the operating expenses of the Bureau for
the year ended December 31, 1957.
Bank
supervision
Salaries
Per diem
Transportation
Supplies
Printing, books, and periodicals
Rent
Furniture and fixtures
Communications
Fixed charges
Maintenance
Treasurer's Federal Reserve note vault expense
Employer's F. I. C. A. and insurance fund contributions
Employer's civil service retirement contributions
Miscellaneous
Total
$6,534,430.40
1, 406, 690. 73
532,247. 85
22,112.24
85,430. 62
141,407. 78
34,375. 69
55,916. 31
0
0
0
21, 656. 42
192, 576. 11
33,172. 79
9,060,016. 94
Currency
issue and
redemption
Total
$138,148.91 $6, 672, 579. 31
0
1,406, 690. 73
0
532,247. 85
632. 77
22, 745.01
453. 55
85, 884.17
0
141, 407. 78
0
34, 375. 69
651.53
56, 567. 84
14,002. 78
14,002. 78
2, 951. 61
2,951. 61
8,382. 94
8,382.94
451. 46
22,107. 88
4,087. 38
196, 663. 49
5, 785. 79
38, 958. 58
175, 548. 72
9, 235, 565. 66
Of the increase aggregating $425,600 in the cost of bank supervision
over the amount shown in the preceding annual report, $173,264 is
due to an increase in the per diem allowance from $10 to $12 under
statutory authority, effective May 1, 1957. The sum of $192,576
represents contributions to the civil service retirement fund as provided by an amendment to the Civil Service Retirement Act, effective
July 14, 1957, such contributions not having theretofore been required. Together, these two items account for 85 percent of the
increase shown.
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.
A comparison of the assets and liabilities of the banks in the national
banking system as of December 31, 1956, March 14, June 6, October
11, and December 31, 1957, reported pursuant to calls for condition
statements by the Comptroller of the Currency, is shown in the
following table.
00
Assets and liabilities of national banks on dates indicated
[In thousands of dollars]
Dec. 31,1956
(4,659 banks)
Mar. 14, 1957
(4,657 banks)
June 6, 1957
(4,654 banks)
Oct. 11, 1957
(4,641 banks)
Dec. 31,1957
(4,627 banks)
£d
w
o
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.
__
_
_
Total loans and securities
_.
Cash, balances with other banks, including reserve balances, and cash items in process of
collection
_
_.
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises or other real estate
Customers' liability on acceptances
Income accrued but not yet collected-..
Other assets
__
Total assets
48,248,332
31,675,780
4,305
7,025,220
1, 561,566
236,521
48,001,120
31,098,160
4,354
7,124,288
1,613,360
239,585
48,560,163
30,432,845
3,620
7,259,756
1,675,150
239,074
49,895, 576
30,904,269
2,531
7,452, 643
1, 631, 550
251,494
50,502,277
31,335,767
2,309
7,495,878
1,880,706
267,049
H3
^
O
^
tj3
88,751,724
88,080,867
88,170,608
90,138,068
91,488,986
W
27,082,497
1,088,855
33,442
83,963
262,397
237,865
161,239
23,466,004
1,116,041
34,601
87,238
285,033
243, 595
205,264
22, 588, 753
1,141,472
37,888
93,484
286,367
275,118
198,280
24,208,398
1,177,168
38,091
104,147
343,075
252,266
226, 654
26,865,134
1,187,155
36,487
116,139
374,518
272,846
186.375
2
g
S
*d
H
jg
O
117,701,982
113, 518,643
112,791,970
116,487,862
120,522, 640
^
59,582,348
26,270,576
2,360,270
7,467,413
9,850,100
1,964,116
56, 747,930
27,164,833
1, 455,557
7,202,638
8,091,767
1,541,358
54,380,721
27,761, 505
2,061, 530
7,677,687
7,967,347
1,446,341
56,410,493
28,737,084
2,405,939
7,176,372
8,403, 799
1,274,991
58, 715,522
29,138,727
2, 424,137
7,878,315
9,483,436
1,796,174
107,494,823
102,204,083
101,295,131
104, 408, 678
109,436,311
§
79,027,557
28,467,266
72,787,144
29,466,939
73,320,107
31,088,571
77,880,965
81,555,346
S
g
18,654
1,328
273,748
492,165
450,025
499,107
943,278
1,085
299,249
516,180
509,851
483, 542
814,874
1,110
294, '/08
538,493
613,800
489,687
1,020,221
1,251
358,738
588, 700
612,260
435, 827
38,324
1,522
388,516
576,713
557,082
430,955
§
Z3
^
109,229,850
104,957,268
104,047,803
107, 425, 675
111, 429,423
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
_
._.
_
__
_.
71,102,007
SO, 193,124
2
J
HJ
M
B
ra
CAPITAL ACCOUNTS
Capital stock (see memoranda below)
_
Surplus
_
Undivided profits
_
Reserves and retirement account for preferred stock
Total capital accounts
_
-_
_
__
2,638,108
4,138,783
1,439,937
255,304
_._
_
8,472,132
Total liabilities and capital accounts.
2,690,465
4,178, 293
1,458, 631
233,986
8,561,375
2, 706,473
4,201, 561
1,602, 630
233,503
8, 744,167
2,772,530
4,320,927
1, 730,206
238,524
9,062,187
2,806,213
4,416,426
1,618,857
251, 721
9,093,217
120,522,640
g
3,600
175
2,768,755
3,585
175
2,802,453
o
bj
2, 772, 530
2, 806,213
__
117,701,982
113, 518, 643
112, 791,970
_
3,633
175
2,634,300
3,616
175
2, 686,674
3,616
175
2, 702,682
2, 638,108
2,690,465
2, 706, 473
3,808
200
3,791
200
3,791
200
3,775
200
3,760
200
4,008
3,991
3,991
3,975
3,960
15,335,730
14,507,686
116, 487, 862
MEMORANDA
Par value of capital stock:
Class A preferred stock
Class B preferred stock
Common stock,
_
Total
_
_
__
_
_
_
._
Retirable value of preferred capital stock:
Class A preferred stock
Class B preferred stock
Total
___
_
„
___
_
Assets pledged or assigned to secure liabilities and for other purposes (including notes and
bills rediscoun ted and securities sold with agreement to repurchase)
13,898,348
14, 324, 546
15,212, 284
E
CO
38
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.
Distribvtion of assets and liabilities of national banks, Dec. 31, 195J+-57
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
_
___
1954
1955
1956
1957
Percent
34.01
6.24
.17
1.71
Percent
29.62
6.15
.17
1.74
Percent
26.91
5.97
.17
1.36
Percent
26.00
6.22
.18
1.60
42.13
37.68
34.41
34.00
34.29
11.43
10.72
.78
.01
.64
38.29
12.68
9.97
.85
.02
.51
40.99
13.27
9.74
.93
.03
.63
41.90
12.77
9.53
100.00
100.00
100.00
100.00
50.80
21.25
2.43
6.18
9.23
1.50
51.16
22.11
2.07
6.45
8.19
1.64
50.62
22.32
2.00
6.34
8.37
1.68
48.72
24.18
2.00
6.53
7.87
1.50
.98
.03
.79
LIABILITIES
Deposits:
Demand of individuals, partnerships, and corporations
Time of individuals, partnerships, and corporations
U. S. Government
________
States and political subdivisions
Banks
_
_
Other deposits (including postal savings)
Total deposits
Demand deposits
Time deposits
Other liabilities
_ _
Capital funds:
Capital stock
Surplus
Undivided profits and reserves
Total capital funds...
Total liabilities and capital funds
91.39
91.62
91.33
90.80
68.03
23.36
1.63
67.60
24.02
1.40
67.14
24.19
1.47
64.62
26.18
1.65
2.14
3.40
1.44
2.17
3.37
1.44
2.24
3.52
1.44
2.33
3.67
1.55
6.98
6.98
7.20
7.55
100.00
100.00
100.00
100.00
EARNINGS, EXPENSES, AND DIVIDENDS OF NATIONAL BANKS FOR
YEAR ENDED DECEMBER31, 1957
Summaries of the earnings, expenses, and dividends of national
banks for the years ended December 31, 1956 and 1957, are shown in
the following table.
REPORT OF THE COMPTROLLER OF THE CURRENCY
39
Earnings, expenses, and dividends of national banks for years ended Dec. 31, 1956
and 1957
[In millions of dollars]
Change
since
1956
1957
1956
Number of banks *
Capital stock (par2 value) 2
Capital accounts . _-
4,627
2,716.9
8,769.8
4,659
2, 562.1
8,220.6
-32
+154.8
+549.2
Earnings from current operations:
Interest and dividends on—
U. S. Government obligations
Other securities
Interest and discount on loans
Service charges on deposit accounts
Other current earnings
_ _ __
782.1
225.4
2, 631.1
244.1
401.1
737.5
202.4
2,321. 7
211.6
360.4
+44.6
+23.0
+309.4
+32.5
+40.7
4, 283.8
3,833. 5
+450.3
1,189.4
635.8
116.3
79.5
686.2
1,098.4
437.2
106.5
70.3
624.0
+91.0
+198.6
+9.8
+9.2
+62.2
2, 707.2
2,336. 4
1, 576. 6
1,497.0
+370.8
+79.6
4.2
14.3
31.1
10.1
25.5
11.4
-5.9
-11.2
+19.7
9.5
15.1
17.4
10.5
33.0
28.7
-1.0
-17.9
-11.3
91.6
119.1
-27.5
119.0
37.9
182.8
61.3
-63.8
-23.4
11.7
177.2
47.2
11.2
233.7
48.3
-56.5
1.1
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 expensesTotal
Net earnings from current operations
Recoveries, transfers from valuation reserves, and profits:
On securities:
Recoveries
Transfers from valuation reserves. __
Profits on securities sold or redeemed
On loans:
Recoveries
Transfers from valuation reserves.
Allother
_
Total
Losses, charge-offs, and transfers to valuation reserves:
On securities:
Losses and charge-offs
Transfers to valuation reserves. - _
_
On loans:
Losses and charge-offs
Transfers to valuation reserves
Allother
Total
Profits before income taxes
Taxes on net income:
Federal
State
__
Total
Net profits before dividends
Cash dividends declared:
On preferred stock
On common stock
Total
__
-
-
See footnotes at end of table.
+.5
393.1
537.2
-144.1
1, 275.1
1,078.9
+196.2
522.7
22.5
413.1
18.7
+109.6
+3.8
545.2
431.8
+113. 4
729.9
647.1
+82.8
.1
363.7
.2
329.8
-.1
+33.9
363.8
330.0
+33.8
40
REPORT OF THE COMPTROLLER OF THE CURRENCY
Earnings, expensesj and dividends of national banks for years ended Dec. 31, 1956
and 1957—Continued
[In millions of dollars]
1957
Memoranda items:
Recoveries credited to valuation reserves (not included in recoveries above):
On securities
__
On loans
Losses charged to valuation reserves (not included in losses
above):
On securities
On loans
___
Stock dividends (increases in capital stock).._
_
Ratios:
Expenses to gross earnings
Net profits before dividends to capital accounts
Cash dividends to capital stock
_
Cash dividends to capital accounts
__
_.
Change
since
1956
1956
1.6
29.5
2.9
26.8
-1.3
+2.7
32.1
62.7
64.7
56.2
67.2
85.0
-24.1
-4.5
—20.3
Percent
63.20
8.32
13.39
4.15
Percent
60.95
7.87
12.88
4.01
Percent
+2.25
+.45
+.51
+.14
1
Number at end of period. Remaining figures include earnings, expenses, etc., of those banks which
were
in operation a part of the year but were inactive at the close of the year.
2
Figures are averages of amounts reported for the June and December call dates in the current year and
the December call date in the previous year.
NOTE.—Figures are rounded to the nearest tenth of a million and may not equal totals.
STRUCTURAL CHANGES IN THE NATIONAL BANKING
SYSTEM
The authorized capital stock of the 4,626 national banks in existence
on December 31, 1957, consisted of common capital stock aggregating
$2,802,450,353, a net increase during the year of $168,046,612, and
preferred capital stock of $3,759,670, a net decrease during the year
of $48,000. These figures include 1 bank recently chartered but not
yet open for business, and exclude 2 banks which furnished reports of
condition in response to the call, although they were merged or consolidated with and into State banks at the close of business on December 31.
In addition to the 53 applications with proposed common capital
stock of $14,025,000 carried over from the previous year, 52 applications were received to organize national banks and to convert State
banks into national banking associations with proposed capital stock
of $11,215,000. Of these applications, 20 with proposed common
capital stock of $6,540,000 were approved; 18 with proposed common
capital stock of $3,300,000 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
1957, 23 national banking associations with common capital stock of
$7,690,000 were authorized to commence business. Of the charters
issued, three with common capital stock of $1,040,000 resulted from
the conversions of State banks.
Changes in the number and capital stock of national banks during
the year ended December 31, 1957, are shown in the following summary.
41
REPORT OF THE COMPTROLLER OP THE CURRENCY
Organization, capital stock changes, and national banks closed as reported during the
year ended Dec. SI, 1957
Number
of banks
Increases:
Banks newly chartered:
Primary organizations
Reorganizations
_
Conversions of State banks
Capital stock:
Common:
228 cases by statutory sale...
332 cases by statutory stock dividend
32 cases by statutory consolidation.__
16 cases by statutory merger
Restored to solvency
Total increases-
20
Net change
Charters in force Dec. 31,1956, and authorized capital stock
Charters in force Dec. 31,1957, and authorized capital stock
Common
Preferred
$6,650,000
1,040,000
80,258,557
64,737,924
16,058,063
6,997,750
250,000
24
Banks ceasing operations:
Voluntary liquidations:
Succeeded by national banks
Succeeded by State banks
Statutory consolidations
Statutory mergers
Conversions into State banks
Merged or consolidated with State banks (Public Law
706)
Receivership
Capital stock:
Common:
2 cases by statutory reduction
1 case by statutory consolidation
2 cases by statutory merger
Preferred:
2 cases by retirement
Total descreases.
Capital stock
175,992,294
100,000
1,017,500
150,000
6,129,000
250,000
$15,000
227,182
12,000
60,000
33,000
57
7,945,682
48,000
-33
168,046,612
2,634,403,741
-48,000
3,807,670
4,626
2,802,450,353
3,759,670
NATIONAL BANK NOTES OUTSTANDING
There were, as of December 31, 1957, $60,850,947 of national bank
notes outstanding.
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, 1957, amounted to $259,188 million,
an increase of $7,223 million since December 31, 1956.
The total deposits at the end of 1957 amounted to $234,178 million,
an increase of $5,599 million over 1956. Included in the latter aggregate are deposits of individuals, partnerships, and corporations of
$195,542 million, an increase of $5,543 million in the year. Deposits
of the United States Government, including postal savings deposits,
were $4,293 million, an increase of $135 million; deposits of States and
political subdivisions amounting to $13,655 million showed an increase
of $649 million, and deposits of banks of $17,047 million were $567
million less than in 1956.
42
REPORT OF THE COMPTROLLER OF THE CURRENCY
Loans and discounts amounted to $115,760 million in December
1957 after deducting reserves of $2,000 million for possible future
losses. The net loans were $5,128 million over the amount reported
as of the end of 1956. Commercial and industrial loans of $40,825
million were $1,860 million more than the 1956 figure; real estate loans
of $44,506 million were up $2,041 million, and all other loans $32,429
million increased $1,442 million.
The banks held obligations of the United States Government, direct
and guaranteed, of $66,066 million in December 1957, a decrease of
$729 million in the year. Obligations of States and political subdivisions held amounted to $14,670 million, and other securities held
amounted to $8,382 million, an increase of $1,462 million. The total
of all securities held at the end of 1957 was $89,118 million, and represented 34 percent of the banks' total assets. At the end of the previous
year the ratio was 35 percent.
Cash and balances with other banks, including reserve balances, in
1957 were $49,539 million, a decrease of $298 million since the previous
year end.
Total capital accounts were $20,537 million, compared to $19,350
million at the end of 1956, an increase of 6 percent.
A statement of the assets and liabilities of all classes of active banks
at the end of December 1956 and 1957 follows.
Assets and liabilities of all banks in the United States and possessions, 1956 and 1957
[In millions of dollars]
Dec. 31,
1957
Number of banks
ASSETS
Real estate loans
Loans to banks
Loans to brokers and dealers in securities and other loans for the
purpose of purchasing or carrying securities
Loans to farmers directly guaranteed by the Commodity Credit
Corporation
Other loans to farmers
Commercial and industrial loans (including open-market paper)._.
Other loans to individuals
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
Dec. 31,
1956
Change
since
1956
14,103
14,188
-85
44,506
731
42,465
655
+2,041
+76
4,250
4,322
-72
462
3,624
40,825
20, 512
2,850
883
3,298
38, 965
19.116
2,713
-421
+326
+1,860
+ 1 , 396
+137
117, 760
2,000
112,417
1,785
+5, 343
+215
115, 760
110, 632
+5,128
66,066
14,670
7,092
1,290
66, 795
13,637
5, 723
1,197
-729
+1,033
+1,369
+93
89,118
87,352
+1,766
3,533
3,455
+78
46,006
2,330
63
46,382
2,111
61
-376
+219
175
1,004
1,199
133
725
1,114
+42
+279
+85
259,188
251, 965
+7,223
+2
43
BEPOET OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of all banks in the United States and possessions, 1956 and
1957—Continued
[In millions of dollars]
Dec. 31,
1957
Dec. 31,
1956
Change
since
1956
LIABILITIES
Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
U. S. Government and postal savings deposits
Deposits of iStates and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, e t c . ) - -
110,139
85, 403
4,293
13,655
17,047
3,641
111, 489
78,510
4,158
13,006
17,614
3,802
-1,350
+6,893
+135
+649
-567
-161
Total deposits
234,178
228, 579
+5, 599
Demand deposits..
Time deposits
144, 210
145, 794
82, 785
-1,584
+7,183
1.048
3,327
757
3,191
+291
+136
238, 651
232, 615
+6,036
49
18
5,241
10, 547
4,010
50
18
4,939
9,976
3,706
+302
+571
+304
Bills payable, rediscounts, and other liabilities for borrowed moneyAcceptances executed by or for account of reporting banks and outstanding
Other liabilities
Total liabilities.
+10
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..
672
661
20, 537
19,350
+1,187
259,188
251, 965
+7, 223
+11
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 4 reports of condition during the year ended
December 31, 1957. Reports were required as of March 14, June 6,
October 11, 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 4 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, 1957.
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, 1957.
In accordance with the code of law for the District of Columbia,
banks other than national in the District were required to make to the
44
REPORT OF THE COMPTROLLER OF THE CURRENCY
Comptroller condition reports and reports of earnings, expenses, and
dividends identical with those obtained from national banks during
the year.
Detailed figures from reports of condition and earnings and dividends will be found in the appendix of this report.
AFFILIATES AND HOLDING COMPANY AFFILIATES OF NATIONAL
BANKS
The Federal statute requires each national bank to obtain and submit to the Comptroller periodically reports of its affiliates, as defined
in sections 2 (b) and (c) of the Banking Act of 1933, as amended.
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 and/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 1957, 345 member national banks in the
United States submitted 392 reports of affiliates. Included in these
figures are 198 banks in 25 States which are members of 23 holding
company groups. The number of banks in each holding company
group varied from 1 to 58. The actual number of reporting affiliates
and holding company affiliates was 214.
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.
ISSUE AND REDEMPTION OF NOTES
There were 560 shipments of new Federal Reserve notes (447,540,000
notes—aggregate value $5,394,180,000) made to Federal Reserve
agents and Federal Reserve branch banks. In addition, there were
30 deliveries of such notes (3,453,000 notes—aggregate value
$78,280,000) made to the Treasurer of the United States.
There were a total of 4,279 lots of unfit Federal Reserve notes and
Federal Reserve bank notes (490,860,435 notes—aggregate value
$5,867,448,441) received for verification and certification for destruction.
There were 37 lots of national bank notes (147,406 notes—aggregate
value $2,451,110) received for verification and certification for destruction.
There were a total of 229,368 badly damaged Federal Reserve notes,
Federal Reserve bank notes, and national bank notes (aggregate value
$4,303,576) presented, by the Treasurer of the United States, for identification approval.
APPENDIX
45
467548—58
4
CONTENTS
TABLES
No. 1. Comptrollers and Deputy Comptrollers of the Currency since
1863
No. 2. Total number of national banks organized, consolidated and
merged 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, 1957
No. 3. National banks chartered during the year ended December 31,
1957
No. 4. National banks chartered which were conversions of State banks
during the year ended December 31, 1957
No. 5. National banks reported in voluntary liquidation during the year
ended December 31, 1957, the names of succeeding banks in
cases of succession, with date of liquidation and capital stock._
No. 6. National banks merged or consolidated with and into State banks
under the provisions of Public Law 706 (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, 1957,
with the effective date and the capital stock
No. 7. National banks converted into State banks under the provisions of
Public Law 706 (12 U. S. C. 214) approved August 17, 1950, and
the aws of the States where the banks are located, during the
year ended December 31, 1957, with the effective date and the
capital stock
No. 8. Purchases of State banks by national banks reported during the
year ended December 31, 1957, with title, location and capital
stock of the State banks and effective dates of purchase
No. 9. Consolidations of national banks, or national and State banks,
during the year ended December 31, 1957, under sections 1, 2,
and 3 of the act of November 7, 1918, as amended
No. 10. Mergers of national banks, or national and State banks, during the
year ended December 31, 1957, under sections 4 and 5 of the act,
of November 7, 1918, as amended
No. 11. Number of domestic branches of national banks authorized during
the year ended December 31, 1957
No. 12. Number of branches of national banks closed during the year ended
December 31, 1957
No. 13. Principal items of assets and liabilities of national banks, by size of
banks, according to deposits, December 31, 1956 and 1957
No. 14. Time deposits of national banks, June 6, 1957
No. 15. 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 1957
No. 16. Dates of reports of condition of national banks, 1914-57
No. 17. Assets and liabilities of national banks on March 14, June 6,
October 11, and December 31, 1957
No. 18. Fiduciary activities of national banks as of December 31, 1957
No. 19. Fiduciary activities of national banks by Federal Reserve districts
as of December 31, 1957
47
Page
50
51
53
54
54
55
56
56
57
61
63
68
69
70
72
73
75
129
131
48
REPORT OF THE COMPTROLLER OF THE CURRENCY
Page
No. 20. Classification of investments under administration by the active
national bank trust departments, December 31, 1957
No. 21. Fiduciary activities of national bants by States as of December 31,
1957
No. 22. General comparative figures of fiduciary activities
No. 23. Earnings, expenses, and dividends of national banks, by States, for
the year ended December 31, 1957
,__
No. 24. Earnings, expenses, and dividends of national banks, by Federal
Reserve districts, for the year ended December 31, 1957
No. 25. Earnings, expenses, and dividends of national banks, by size of
banks, for the year ended December 31,1957
No. 26. Earnings, expenses, and dividends of national banks, years ended
December 31, 1955-57
No. 27. Number of national banks, capital stock, capital funds, net profits,
dividends, and ratios, years ended December 31, 1930-57
No. 28. Total loans of national banks, losses and recoveries on loans, and
ratio of net losses or recoveries to loans, by calendar years
1938-57
No. 29. Total securities of national banks, losses and recoveries on
securities, and ratio of net losses or recoveries to securities, by
calendar years 1938-57
No. 30. Foreign branches of American national banks, December 31,
1957
No. 31. Consolidated statement of assets and liabilities of foreign branches
of national banks, December 31, 1957
No. 32. Assets and liabilities of banks in the District of Columbia by
classes, December 31, 1957
No. 33. Assets and liabilities of all banks in the District of Columbia at
date of each call during the year ended December 31, 1957
No. 34. Assets and liabilities of nonnational banks in the District of
Columbia at date of each call during year ended December 31,
1957
No. 35. Earnings, expenses, and dividends of banks in the District of
Columbia, years ended December 31, 1957 and 1956
No. 36. 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, 1930-57
No. 37. 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 1938-57
No. 38. 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 1938-57
No. 39. Fiduciary activities of banks in the District of Columbia, December 31, 1957
No. 40. Assets and liabilities of all active banks in the United States and
possessions, by classes, December 31, 1957
No. 41. Assets and liabilities of all active banks in the United States and
possessions, by States and Territories, December 31, 1957
No. 42. Assets and liabilities of active national banks, by States and
Territories, December 31, 1957
No. 43. Assets and liabilities of all active banks other than national by
States and Territories, December 31, 1957
_
No. 44. Assets and liabilities of active State commercial banks, by States
and Territories, December 31, 1957
No. 45. Assets and liabilities of active mutual savings banks, by States
and Territories, December 31, 1957
•__
132
132
135
136
144
148
151
153
154
154
155
156
157
159
160
161
163
164
166
167
168
170
178
186
194
202
REPORT OF THE COMPTROLLER OF THE CURRENCY
49
Page
No. 46. Assets and liabilities of active private banks, by States and
Territories, December 31, 1957
No. 47. Per capita demand and time deposits of individuals, partnerships,
and corporations in all active banks, by States, December 31,
1957
No. 48. Officials of State banking departments and number of each class
of active banks in December 1957
No. 49. Assets and liabilities of all active banks, December 31, 1936 to
1957
No. 50. Assets and liabilities of all active national banks, December 31,
1936 to 1957
No. 51. Assets and liabilities of all active banks other than national,
December 31, 1936 to 1957
No. 52. 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,
1957__
No. 53. Number and deposits of national and District of Columbia nonnational banks placed in receivership period April 14, 1865, to
December 31, 1957, by groups according to percentages of
dividends paid to December 31, 1957
No. 54. National bank receivership completely liquidated and finally
closed during the year ended Dec. 31, 1957
No. 55. National bank placed in charge of receiver during year ended
December 31, 1957
No. 56. Bank suspensions since inauguration of Federal deposit insurance,
years ended December 31, 1934 to 1957
206
210
212
214
215
216
217
219
221
222
223
50
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 1.—Comptrollers and Deputy Comptrollers of the Currency, dates of
appointment and resignation, and States whence appointed
Name
No.
Date of appointment
Date of resignation
State
COMPTROLLERS OF THE CURRENCY
McCulloch, Hugh
Clarke, Freeman
Hulburd, Hiland K
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__.
Crissingei, D. R
Dawes, Henry M
Mclntosb, Joseph W
Pole, John W
O'Connor, J. F. T
Delano, Preston
Gidney, Ray M
May
Mar.
Feb.
Apr.
May
Apr.
May
Aug.
Apr.
Jan.
Oct.
Apr.
Feb.
Mar.
May
Dec.
Nov.
May
Oct.
Apr.
9,1863 Mar. 8,1865
21,1865 July 24,1866
1,1867 Apr. 3,1872
25,1872 Apr. 30,1884
12,1884 Mar. 1,1886
20,1886 Apr. 30,1889
1,1889 June 30.1892
2,1892 Apr. 25.1893
26,1893 Dec. 31,1897
1,1898 Sept. 30,1901
1,1901 Mar. 28,1908
27,1908 iApr. 27,1913
2,1914 Mar. 2,1921
17,1921 Apr. 30.1923
1,1923 Dec. 17.1924
20,1924 Nov. 20,1928
21,1928 Sept. 20,1932
11,1933 Apr. 16,1938
24,1938 Feb. 15,1953
16,1953
Indiana.
New York.
Ohio.
Minnesota.
Do.
South Carolina.
Michigan.
New York.
Illinois.
Do.
Do.
New York.
Virginia.
Ohio.
Illinois.
Do.
Ohio.
California.
Massachusetts.
Ohio.
DEPUTY COMPTROLLERS OF THE CURRENCY
Howard, Samuel T
Hulburd, Hiland R.__
Knox, John Jay
Langworthy, John S__
Snyder, V. P._.
Abrahams, J. D
Nixon, R. M__
_
Tucker, Oliver P
Coffin, George M
Murray, Lawrence O_.
Kane, Thomas P
Fowler, Willis J
Mclntosh, Joseph W__
Collins, Charles W
Stearns, E. W
Await, F. G
Gough, E. H.._
Pioctor, 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.
May 9,18b3
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
uec. 1,1928
Jan. 24,1933
Feb. 24,1936
Jan. 16,1938
do.
Oct. 1.1938
May 1.1939
July 7,1941
Sept. 1,1941
Oct. 1,1944
Jan. 1.1949
Sept. 1.1950
Mar. 1.1951
Feb. 18,1952
Aug. 1,1865
Jan. 31,1867
Apr. 24,1872
Jan. 3,1886
Jan. 3,1887
May 25,1890
Mar. ]6,1893
Mar. 11,1896
Aug. 31,1898
June 27,1899
2 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
do
Sept. 30,1938
do.
Dec. 31,1948
Aug. 31,1941
Mar. 1,1951
Sept. 30,1944
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.
Do.
Texas.
New York.
Virginia.
Colorado.
51
REPORT OP THE COMPTROLLER OF THE CURRENCY
TABLE N O . 2.—Total number of national banks organized, consolidated and merged
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 Dec. 31, 1957
Location
Maine
New Hampshire .
Vermont
Massachusetts
Rhode Island
Organized
Consolidated
and merged
under Act
Nov. 7,1918,
as amended
Consolida- Mergers
tions under
under sees. 4
sees. 1, and 5
2, and 3
127
80
85
373
67
125
5
3
3
29
3
9
857
Public Law 706
(12 U. S. C. 214)
Insol- In liquivent dation
Merged
Con- or converted solidated
to State with
banks State
banks
In existence
79
22
29
206
57
67
4
1
2
13
5
17
28
2
7
6
30
50
32
108
5
34
52
3
72
460
11
259
998
419
1,283
30
141
32
96
33
76
18
3
8
130
59
211
1
17
7
436
148
460
18
64
12
4
39
7
30
4
2
275
169
498
7
56
7
Total Eastern States
2,903
213
29
425
1,138
4
82
1,012
Virginia
West Virginia. . . .
North Carolina
South Carolina
Georgia
Florida .
Alabama
. . .
_ _
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Total Southern States
253
193
155
126
190
183
181
82
113
1,211
150
248
214
18
11
6
8
8
2
4
5
3
42
1
10
7
1
28
38
44
43
42
42
45
16
16
141
39
37
36
74
67
58
49
86
41
62
34
53
569
55
110
94
3,299
125
2
567
1,352
701
439
934
322
274
494
548
295
30
12
17
11
9
8
4
11
1
1
112
98
227
77
54
116
204
58
327
204
294
154
115
192
242
147
2
2
4,007
102
5
946
1,675
6
259
220
405
447
196
62
218
87
746
3
12
1
6
3
12
100
93
83
76
76
12
55
25
84
118
81
198
196
76
25
83
36
453
38
34
123
169
41
25
76
26
197
2,640
41
604
1,266
729
Total New England States...
New York . _
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
Ohio
Indiana.. _
Illinois
Michigan
Wisconsin
Minnesota- _
IowaMissouri
__
Total Middle Western States
North Dakota
South Dakota
_ _
Nebraska
Kansas
Montana
_
_ _
Wyoming
Colorado
New Mexico
Oklahoma
Total Western States..
1
2
6
4
1
3
2
2
1
133
77
45
26
52
98
69
27
41
457
55
88
74
8
3
1,242
2
1
229
124
394
75
96
178
96
76
2
2
2
2
2
5
1,268
52
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 2.—Total number of national banks organized, consolidated and merged
under Act Nov. 7, 1918, as amended, insolvent, in voluntary liquidation, converted
into and merged
g or consolidated with State banks under Public Law 706 {12 U. S. C.
214)
d i existence
it
D
1957Ctid
214),
Dec. 81
81, 1957—Continued
Organized
Location
Consolidated
and merged
under Act
Nov. 7,1918,
as amended
Consolida- Mergers
tions under
under sees.4
sees. 1, and 5
2, and 3
Insol- In liquivent dation
Converted
to State
banks
51
30
65
35
6
4
6
132
102
380
65
19
8
21
197
727
Merged
or consolidated
with
State
banks
In existence
228
148
530
110
38
17
31
18
2
19
1,102
45
8
6
1
1
1
1
4
1
7
1
16
1
6
9
Total United States and possessions
. . .
^14,824
579
48 3 2,811 3 6,624
Washington
Oregon . .
California
Idaho
Utah
Nevada
Arizona
_
_
Total Pacific States
Alaska
The Territory of Hawaii
Puerto Rico
Virgin Islands of the United StatesTotal possessions
2
1
6
Public Law 706
(12 U. S. C. 214)
4
1
1
9
1
1
2
1
11
1
1
1
25
12
48
9
7
3
3
15
107
1
20
116
4,626
i Includes 456 organized under Act Feb. 25,1863; 9,401 under Act June 3,1864, as amended; 10 under Gold
Currency Act of July 12,1870; and 4,957 under Act Mar. 14,1900.
* Exclusive of those restored to solvency.
s Includes 208 passed into liquidation upon expiration of corporate existence.
REPORT OF THE COMPTROLLER OF THE CURRENCY
53
TABLE N O . 3.—National banks chartered during the year ended Dec. 31, 1957
Charter
No.
Capital
stock
(common)
Title and location of bank
ARKANSAS
14818
14812
14823
American National Bank of North Little Rock.
$350,000
CALIFORNIA
First National Bank of Palmdale
Glendale National Bank, Glendale
Total (2 banks)
_.
_.
_-
250,000
600,000
-
-
850,000
FLORIDA
14802
14804
14806
14814
Fidelity National Bank of West Fort Lauderdale
Dade National Bank of Miami_ __ __
Central Brevard National Bank at Cocoa
Florida National Bank at Vero Bedch
Total (4 banks)
_
_
300 000
1,200,000
250,000
150,000
.
1,900,000
GEORGIA
14817
14803
14820
200,000
National Bank of Fort Benning
ILLINOIS
Gateway National Bank of Chicago
Des Plaines National Bank, Des Plaines
-
-
Total (2 banks)
500,000
350,000
-
_
850,000
INDIANA
14813
The First National Bank of Cedar Lake
_
_
150,000
MASSACHUSETTS
14816
Security National Bank of Springfield *
340,000
MINNESOTA
14805
Zapp National Bank of St. Cloud»
_
_._
200,000
MONTANA
14809
Southside National Bank of Missoula
100,000
TENNESSEE
14822
14808
14810
14811
14815
14819
14821
The First National Bank of Rogersville
_
-
200,000
TEXAS
Alice National Bank, Alicel
First National Bank of Alice
Sabine National
Bank
of Port
Arthur _
Lockwood
National
Bank
of Houston
Deer
National
ParkFirst Park
National
Bank Bank,
in PortDeer
Lavaca
Total (6 banks)
_.
_.
_ -.__
-
-..
500,000
200,000
300,000
300,000
200,000
100,000
1.600,000
VIRGINIA
14824
Fairfax County National Bank, Seven Corners
600,000
WEST VIRGINIA
14807
The City National Bank of Charleston
Total United States (23 banks)
1
Conversion of State-chartered bank.
350,000
7,690,000
54
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 4.—National banks chartered which were conversions of State banks
during the year ended Dec. 31, 1957
Charter
No.
14895
14808
14816
State
Effective Authordate of
i?ed
charter capital
Approximate Approxisurplus
mate
and un- assets
divided
profits
Minn..
Zapp National Bank of St. Cloud
Texas..
Alice National Bank, Alice
Security National Bank of Springfield... Mass...
Feb. 1 $200,000
Mar. 30 500,000
340,000
July 1
$439,409 $8,650,950
831,124 12,878,231
416,071 7,129,029
Title and location of bank
Total (3 banks)
1,040,000 1,686,604 28,658,210
TABLE N O . 5.—National banks reported in voluntary liquidation during the year
ended Dec. 31, 1957, the names of succeeding banks in cases of succession, with
date of liquidation and capital stock
Title and location of bank
Date of
liquidation
Haledon National Bank, Haledon, N. J. (12854), absorbed by County Bank
and Trust Company, Paterson, N. J
Feb. 15,1957
The Broughton National Bank of Dayton, Wash. (9443), absorbed by The
National Bank of Commerce of Seattle, Wash
Mar. 22,1957
First National Bank of Morrisville, N. Y. (245), absorbed by The First Trust
Apr. 30,1957
and Deposit Company of Syracuse, N. Y
Strausstown National Bank, Strausstown, Pa. (13863), absorbed by Peoples
May 24,1957
Trust Company of Wyomissing, Pa_
The
me First
x- uobNational
«»uuiiai Bank
DOIX^ofVL
Ora•'
vJradell,
" " N. J. (13117), absorbed by Peoples Trust
do
Company of Bergen County, Hackensack, N. J
The First National Bank of Vienna, 111. (4433), absorbed by First State Bank
of Vienna
July
1,1957
The Merchants National Bank of Quakertown, Pa.1 (6465), absorbed by
Provident Tradesmens Bank and Trust Company, Philadelphia, Pa
Dec. 13,1957
The First National Bank of Grove City, Pa. (5044), absorbed by First Seneca
Dec. 21,1957
Bank and Trust Company, Oil City, Pa
Total (8 banks).
i With 1 branch in Sellersville.
Capital
stock
(common)
$175,000
100,000
50,000
50,000
200, 000
60,000
232,500
250,000
1,117,500
REPORT OF THE COMPTROLLER OF THE CURRENCY
55
TABLE N O . 6.—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, during the year ended
Dec. 31y 1957, with the effective date and the capital stock
Title and location of bank
The Commercial National Bank of Santa Ana, Calif.1 (13200), merged with
and into California Bank, Los Angeles, Calif
The Richford National Bank, Richford, Vt. (11615), merged with and into
The Franklin County Savings Bank and Trust Company, St. Albans, Vt—
The Cazenovia National Bank, Cazenovia, N. Y. (5675), merged with and into
First Trust & Deposit Company, Syracuse, N. Y
The First National Bank of Caldwell, Idaho 2 (4690), and Bank of Eastern
Idaho, Idaho Falls, Idaho, merged with and into Continental State Bank,
Boise, Idaho, and under the title "Bank of Idaho"
The Pajaro Valley National Bank of Watsonville, Calif. (9621), merged with
and into Pajaro Valley Savings Bank, Watsonville, and under the title
"Pajaro Valley Bank"
The National Bank of Smyrna, Del. (2381), merged with and into Equitable
Security Trust Company, Wilmington, Del
The Penn Valley National Bank of Hatfield, Pa.3 (13026), merged with and
into Montgomery Norristown Bank and Trust Company, Norristown, Pa.,
and under the title "Montgomery County Bank and Trust Company"
College Point National Bank of New York, College Point, N. Y. (13105),
merged with and into Trust Company of North America, New York, N. Y.,
and under the title "Bank of North America"
The Naugatuck National Bank, Naugatuck, Conn. (3020), merged with and
into The Colonial Trust Company, Waterbury, Conn
Staten Island National Bank & Trust Company of New York, N. Y.4 (6198),
merged with and into The Chase Manhattan Bank, New York
Berwyn National Bank, Berwyn, Pa. (13999), merged with and into Paoli
Bank, Paoli, Pa., and under the title " Upper Main Line Bank"
The National 6Bank of Narberth, P a J (14139), and Ambler National Bank,
Ambler, Pa. (14037), merged with and into Girard Trust Corn Exchange
Bank, Philadelphia, Pa
The First National Bank of Silver Creek, N. Y. (10159), merged with and into
Manufacturers and Traders Trust Company, Buffalo, N. Y
The Commercial National Bank of Charlotte, N. C.8 (2135), merged with and
into American Trust Company, Charlotte, and under the title "American
Commercial Bank"
The National Bank of
Norwalk, Conn.9 (942), and First National Bank in
Greenwich, Conn.*0 (13042), merged with and into The Stamford Trust
Company, Stamford, Conn., and under the title "The Fairfield County
Trust Company"
The Windham National Bank of Bellows Falls, Vt." (13894), merged with and
into The Vermont Bank and Trust Company, Brattleboro, Vt
Manufacturers-Central National Bank of Lynn, Mass. (4580), merged with
and into Essex Trust Company, Lynn
Total (19 banks).
1 With 2 branches in Santa Ana.
23 With 1 branch in Wilder.
With 1 branch in Lansdale.
4
With 5 local branches.
5
With 1 branch each in Wynnewood and Bala-Cynwyd.
6
With 1 branch each in Flourtown and Fort Washington.
7
Includes $15,000 preferred capital stock.
sfl With 3 branches in Charlotte.
With 1 branch in Norwalk.
i° With 2 branches in Greenwich.
» With 1 branch in Chester.
Effective
date
Jan. 11,1957
Capital
stock
$300,000
Jan. 21,1957
50,000
Feb. 21,1957
100,000
Apr. 30,1957
250,000
Apr. 26,1957
250,000
May
6,1957
100,000
May 17,1957
300,000
June 12,1957
200,000
July 12,1957
400,000
July 22,1957
750,000
July 26,1957
200,000
Oct. 11,1957
300,000
200,000
Nov. 29,1957
7 90,000
do
1,000,000
Dec. 13,1957
Dec. 27,1957
504,000
500,000
Dec. 31,1957
150,000
do
500,000
7 6,144,000
56
KEPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 7.—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. 31, 1957, with the
effective date and the capital stock
Title and location of bank
The Geo. D . Warthen National Bank of Sandersville, Ga. (13725), converted
into The Geo. D . Warthen Bank, Sandersville
The First National Bank of Princeton, Ky. (3064), converted into First Bank
and Trust Co., Princeton
Effective
date
Capital
stock
(common)
Mar. 18,1957
July
1,1957
Total (2 banks).
$50,000
100,000
150,000
TABLE NO. 8.—Purchases of State banks by national banks reported during the year
ended Dec. 31, 1957, with title, location, and capital stock of the State banks and
effective dates of purchase
Title and location of bank
The National Bank of Commerce of Seattle, Wash. (4375), purchased Bank of
Pomeroy, Wash
Farmers and Mechanics-Citizens National Bank of Frederick, Md. (1267), purchased Union Bridge Banking and Trust Company, Union Bridge, Md
The Winters National Bank and Trust Company of Dayton, Ohio (2604), purchased Phillipsburg State Bank, Phillipsburg, Ohio
Carolina National Bank of Easley, S. C. (14784), purchased Liberty Bank, Liberty,
S. C.
Peoples National Bank of Washington in Seattle, Wash. (14394), purchased Central
Washington Bank, Moses Lake, Wash
The First National Bank of Biddeford, Me. (1089), purchased South Berwick
Trust Company, South Berwick, Me
First National Bank of Cambridge, Ohio (6566), purchased The Cambridge Bank,
Cambridge, Ohio
National-Dime Bank of Shamokin, Pa. (6942), purchased Shamokin Banking and
Trust Company, Shamokin
The Idaho First National Bank, Boise, Idaho (1668), purchased Homedale State
Bank, Homedale, Idaho
The Idaho First National Bank, Boise, Idaho (1668), purchased Marsing State
Bank, Marsing, Idaho
First Security Bank of Utah, National Association, Ogden, Utah (2597), purchased
Monroe State Bank, Monroe, Utah
American Fletcher National Bank and Trust Company, Indianapolis, Ind. (13759),
purchased Wanamaker State Bank, Wanamaker, Ind
The First-Hardin National Bank of Elizabethtown, Ky. (6028), purchased Bank of
Upton, Ky
Citizens National Trust & Savings Bank of Riverside, Calif. (8907), purchased
Bank of Apple Valley, Calif
First National Bank of Quanah, Texas (12307), purchased First State Bank, Goodlett, Texas
Seattle-First National Bank, Seattle, Wash. (11280), purchased Lewis County
State Bank, Centralia, Wash
The Haverhill National Bank, Haverhill, Mass. (484), purchased Haverhill
Morris Plan Banking Company, Haverhill
First National Bank in Belleville, Kans. (3779), purchased Agenda State Bank,
Agenda, Kans
•__
The Howard National Bank and Trust Company of Burlington, Vt. (1698), purchased Barton Savings Bank and Trust Company, Barton, Vt
The First National Bank of Maiden Rock, Wis. (11432), purchased Bank of Maiden
Rock
Total (20 banks) .
Effective
date
Capital
stock
Jan. 19
$100,000
Jan. 25
100,000
Jan. 31
25,000
Feb. 28
50,000
Mar. 22
175,000
Mar. 29
50,000
Mar. 30
100,000
Apr. 18
125,000
Apr. 27
50,000
—do—..
50,000
Apr. 30
25,000
June
50,000
1
June 14
30,000
Aug. 16
150,000
5
20,000
Nov. 2
Oct.
50,000
Nov. 8
60,000
Nov. 30
25,000
...do—_.
150,000
Dec. 31
15,000
1,400,000
REPORT OF THE
COMPTROLLER OF THE
CURRENCY
57
TABLE N O . 9.—Consolidations of national banks, or national and State banks,
during the year ended Dec. 81, 1957, under sections 1, 2, and 3 of the act of Nov. 7,
1918, as amended
Capital
stock
The Purdue State Bank, West Lafayette, Ind., with..
and First Merchants National Bank and Trust
Company, Lafayette, Ind. (11148), which had
consolidated Jan. 31,1957, under charter of the latter
bank (11148), and title "Purdue National Bank of
Lafayette". The consolidated bank at date of
consolidation had
.._
_
The First National Bank of Houston, Pa. (5908), with.
and Western Pennsylvania National Bank, MeKeesport, Pa. (2222), which had
._
consolidated Feb. 1, 1957, under charter and title of
the latter bank (2222). The consolidated bank at
date of consolidation had
Belleville Savings Bank, Belleville, 111., with
and Belleville National Bank, Belleville, 111. (13236),
which bad
-__
consolidated Mar. 1,1957, under charter of the latter
bank (13236), and title "Belleville National Savings Bank". The consolidated bank at date of
consolidation had
_
The Bank of Crockett, Inc., Crockett, Va., with
and Wythe County National Bank of Wytheville,
Va. (12599), which had
consolidated Mar. 16,1957, under charter and title of
the latter bank (12599^. The consolidated bank at
date of consolidation had
The Lake Shore National Bank of Dunkirk, N. Y.
(2916), with
and Chautauqua National Bank of Jamestown,
N. Y. (8453), which had
consolidated Apr. 12,1957, under charter and title of
the latter bank (8453). The consolidated bank at
date of consolidation had
The Waterbury Trust Company, Waterbury, Conn.,1
with
and The Connecticut National Bank, Bridgeport,
Conn. (335), which had
_
consolidated May 10,1957, under charter and title of
the latter bank (335). The consolidated bank at
date of consolidation had
The First National Bank of Greenville, S. C.2 (1935),
with
_
and The South Carolina National Bank of Charleston, S. C. (2044), which h a d . . .
consolidated May 15,1957, under charter and title of
the latter bank (2044). The consolidated bank at
date of consolidation bad
The First National Bank and Trust Company of Summit, N. J. (5061), with
____
and The National State Bank of Elizabeth, N. J.
(1436), which had
consolidated May 31,1957, under charter of the latter
bank (1436), and title "The National State Bank,
Elizabeth, N. J." The consolidated bank at date
of consolidation had
.._
The Methuen National Bank, Methuen, Mass. 3
(12800), with.__
_._
and The Andover and Merrimack National Bank of
Haverhill, Mass. (1129), which had
_.._
consolidated June 14,1957, under charter of the latter
bank (1129), and title "Merrimack Valley National Bank, Haverhill." The consolidated bank
at date of consolidation had
The First National Bank of Sparkill, N. Y. (10477),
with
and The First National Bank of Spring Valley,
N. Y. (5390), which had
consolidated June 21,1957, under charter and title of
the latter bank (5390). The consolidated bank at
date of consolidation had
See footnotes at end of table.
Undivided
profits
Assets
$150,000
$150,000
$146,945
$7,589,564
625,000
675,000
242,294
32,777,656
800,000
75,000
825,000
100,000
364,239
123,916
39, 574,692
2,837,818
5,312,500
5,687,500
2,451,637
147,903,506
5,425,000
300,000
6.075,000
400,000
2,250,000
208,479
150,741,323
11,911,879
250,000
600,000
153, 717
12,384,353
500,000
20,000
1,050,000
20,000
362,196
15, 678
24,296,231
488,454
175,000
175,000
108,402
5,062,414
195,000
195,000
124,080
5,550,869
200,000
600,000
74,310
11,619,367
1,150,000
1,850,000
1,026,740
48,917,069
1,350,000
2,450,000
1,101,049
60,536,436
400,000
600,000
347, 738
14,852,312
4,180,000
6,240,000
1,248,865
152,226,390
4,780,000
6,640,000
1,596,602
167,078,703
500,000
2,000,000
482,109
34,503,349
3,000,000
6,500,000
1, 523,359
189,745,862
3,650,000
8,350,000
2,005,468
224,249,212
300,000
500,000
137.234
13,848,141
1,000,000
2,000,000
377.235
61,196,648
1, 875,000
74,851, 489
2,000,000
439,469
175,000
175,000
103, 573
6,951,490
700,000
700,000
331,763
21,260,873
875,000
875,000
435,337
28,242, 598
75,000
175,000
233,807
5,176,183
350,000
650,000
103,564
12,571,945
500,000
750,000
337,371
17, 749,051
58
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 9.—Consolidations of national banks, or national and State banks,
during the year ended Dec. 81, 1957, under sections 1, 2, and 3 of the act of Nov. 7,
1918, as amended—Continued
Undivided
profits
Capital
stock
The First National Bank of Waynesville, N. C. (6554),
with
Transylvania Trust Company, Brevard, N. C ,
with
and First National Bank and Trust Company in
Asheville, N. C. (13721), which had
consolidated June 22,1957, under charter and title of
the last-named bank (13721). The consolidated
bank at date of consolidation had
The Second National Bank of Mechanicsburg, Pa.
(326), with
and The Harrisburg National Bank, Harrisburg, Pa.
(580), which had
consolidated June 29,1957, under charter and title of
the latter bank (580). The consolidated bank at
date of consolidation had
Long Island State Bank and Trust Company, Riverhead, N. Y., with
and Security National Bank of Huntington, N. Y.
(6587), which had
consolidated July 12,1957, under charter and title of
the latter bank (6587). The consolidated bank at
date of consolidation had
Wanatah State Bank, Wanatah, Ind., with
and The Merchants National Bank of Michigan
City, Ind. (9381), which had
.
consolidated July 13, 1957, under charter and title of
the latter bank (9381). The consolidated bank at
date of consolidation had
The City National Bank of Duluth, Minn. (6520),
with
and Northern Minnesota National Bank of Duluth,
Minn. (9327), which had
consolidated Aug. 22,1957, under charter of the latter
bank (9327), and title "Northern City National
Bank of Duluth". The consolidated bank at date
of consolidation had
The Minerva Savings & Bank Company, Minerva,
Ohio,* with
and First National Bank of Canton, Ohio (76), which
had
consolidated Aug. 31,1957, under charter and title of
the latter bank (76). The consolidated bank at
date of consolidation had
Bank of Belfast, N. Y., with
and The First National Bank of Belfast, N. Y.
(9644), which had
consolidated Aug. 31, 1957, under charter of the latter
bank, and title "Belfast National Bank". The
consolidated bank at date of consolidation had
The Hutchinson State Bank, Hutchinson, Kans., with.
and The American National Bank of Huchinson,
Kans. (10765), which had
consolidated Sept. 6,1957, under charter of the latter
bank (10765), and title "Hutchinson National
Bank and Trust Company". The consolidated
bank at date of consolidation had
Bank of Brentwood, Brentwood, Pa., with
and Western Pennsylvania National Bank, McKeesport, Pa. (2222), which had
consolidated Sept. 7, 1957, under charter and title of
the latter bank (2222). The consolidated bank at
date of consolidation had
The Second National Bank of Wilkes-Barre, Pa.5 (104),
with
and The First National Bank of Wilkes-Barre, Pa.
(30), which had
consolidated Sept. 13,1957, under charter of the latter
bank (30), and title "The First-Second National
Bank and Trust Company of Wilkes-B arre''. The
consolidated bank at date of consolidation had
National Bank of Topeka, Kans. (12740), with
and The Central National Bank and Trust Company of Topeka, Kans. (3078), which had
consolidated Sept. 20, 1957, under charter of the latter bank (3078), and title "The First National
Bank of Topeka". The consolidated bank at date
of consolidation had
See footnotes at end of table.
Assets
$120,000
$360,000
$62, 788
100,000
100,000
100,267
3, 751,940
360,000
700, 000
643,155
24, 573,856
585,000
1,200,000
751,211
34, 538,199
125,000
250,000
187.256
6,475, 740
625, 000
1,375, 000
547,817
32,268,420
38, 744,159
$6,331,216
820,313
1,679,688
488, 573
250,000
300,000
187,927
7,354,226
2,646,110
5,353,890
984,348
110,293,269
2,871,110
25,000
5,678,890
10,000
1,172,275
40, 569
117,647,495
1,470,967
200,000
200,000
191, 595
11,264,008
365,000
210, 000
92,165
12, 734,975
600,000
600,000
357,181
19,604,623
1, 500,000
1, 500,000
1,425, 658
58,101, 264
2,088,000
2,112,000
1,782,839
77, 705, 888
100,000
375, 000
119, 421
7,323,891
2,000,000
3,000,000
1,139,881
57, 813,437
2,220,000
30,000
3,280.000
35,000
65,137,329
962,456
25,000
25.000
1, 234,302
65, 728
68,119
55,000
300.000
95,000
300,000
98,847
129, 642
1,815,046
12, 557,106
300,000
300,000
162,889
11, 427, 794
600,000
50,000
600,000
285,000
292, 532
97,430
23.984,900
6,190, 711
5,425,000
6,075,000
2,261,025
160, 512,914
5, 550,000
6,450,000
2,193,455
166, 603,625
1, 250,000
2, 250,000
658, 794
34,836, 574
750,000
1,400,000
164, 776
22,941,638
2.000,000
1.000,000
3, 650,000
1, 750,000
57,778,212
45, 902, 769
1,000,000
l,2.r)0,()00
773, 571
856, 675
501,630
2,500,000
2,500,000
1,108,305
852, 590
35,117.270
81,011,128
REPORT OF THE
COMPTROLLER OF THE
CURRENCY
59
TABLE N O . 9.—Consolidations of national banks, or national and State banks,
during the year ended Dec. 31, 1957, under sections 1, 2, and 3 of the act of Nov. 7,
1918, as amended—Continued
Undivided
profits
Capital
stock
The New Haven Bank National Banking Association,
New Haven, Conn.e (1243), with
and The First National Bank and Trust Company
of New Haven, Conn. (2), which had
consolidated Sept. 27,1957, under charter of the latter
bank (2), and title "The First New Haven National Bank". The consolidated bank at date of
consolidation had
The Warren National Bank of Peabody, Mass. (616),
with
and The Merchants National Bank of Salem, Mass.
(726), which had
consolidated Oct. 18,1957, under charter of the latter
bank (726), and title "Merchants-Warren National Bank of Salem". The consolidated bank at
date of consolidation had
State Bank of Suffolk, Bay Shore, N. Y.,7 with
and The Franklin National Bank of Franklin
Square, N. Y. (12997), which had
consolidated Oct. 25,1957, under charter of the latter
bank (12997), and title "The Franklin National
Bank of Long Island". The consolidated bank at
date of consolidation had
The First National Bank of Kemsen, N. Y. (6482),
with
and The Farmers National Bank and Trust Company of Rome, N. Y. (2410), which had
consolidated Oct. 31, 1957, under charter and title of
the latter bank (2410). The consolidated bank at
date of consolidation had
The First National Bank of Grand Gorge, N. Y. (7618),
with
and The National Bank and Trust Company of Norwich, N. Y. (1354), which had
consolidated Nov. 1, 1957, under charter and title of
the latter bank (1354). The consolidated bank at
date of consolidation had
Citizens National Trust & Savings Bank of Riverside,
Calif. 8 (8907), with
Security Trust & Savings Bank of San Diego, Calif.,»
with
and Security-First National Bank of Los Angeles,
Calif. (2491), which had
consolidated Nov. 1, 1957, under charter of the latter
bank (2491), and title "Security-First National
Bank", Los Angeles, Calif. The consolidated
bank at date of consolidation had
Merchants and Planters Bank, Norfolk, Va.,10 with__.
and National Bank of Commerce of Norfolk, Va.
(9885), which had
consolidated Nov. 4, 1957, under charter and title of
the latter bank (9885). The consolidated bank at
date of consolidation had
State Bank of Victor, N . Y., with
and the Canandaigua National Bank and Trust
Company, Canandaigua, N. Y. (14821), which had.
consolidated Nov. 13,1957, under charter and title of
the latter bank (14821). The consolidated bank
at date of consolidation had
The First National Bank of Emlenton, Pa. (4615), with.
and Oil City National Bank, Oil City, Pa. (14274),
which had
consolidated Nov. 16,1957, under charter and title of
the latter bank (14274). The consolidated bank
at date of consolidation had
_-The Middleville National Bank, Middleville, N . Y.
(11656), with
and The First National Bank of Herkimer, N. Y.
(3183), which had
consolidated Nov. 22, 1957, under charter and title
of the latter bank (3183). The consolidated bank
at date of consolidation had
See footnotes a t end of table.
Assets
$1,325,000
$2,000,000
$768,465
$42,035,960
3,000,000
4, 250,000
1, 435, 917
111, 070, 206
4, 722, 500
5,852, 500
2, 204,382
153,106,167
200,000
300,000
87,430
7, 973,136
250,000
550,000
171,904
14, 915, 658
700,000
JL 176, 370
259,331
208,143
22,888,794
31,144,420
12,812, 500 12,812, 500
5, 662,369
457,364, 732
600,000
1.101,880
14.077,000
14,077,000
50,000
125,000
29,455
1,958,191
350,000
650,000
133, 720
14, 696, 956
412, 500
775,000
150, 725
16,719,837
100,000
100,000
54,684
2, 296,357
1,000,000
1,000,000
633,029
28,113,672
5, 619, 762 487,681, 266
1,100,000
1,100,000
694. 295
30, 416,652
4.968,000
5,032,000
3, 786,300
214,083,388
1,745,879
151,806, 512
5,300,000
3,700,000
59,775,000
59,775,000
73,500.000
500,000
73, 500,000 60,810, 513 2, 991,052,438
1,300,000
339,982
24,164,160
63,728,334 2,625,162,538
2, 500,000
6, 700,000
1,718,303
178, 499,107
3,000,000
60,000
8,000,000
60,000
2, 058, 285
140,355
201,855, 226
2, 220,192
500,000
500,000
603,463
15,472, 567
560,000
150,000
560,000
600,000
728,818
242,992
17,692,759
8,881,471
500,000
1,100,000
514,693
28,332,836
665,000
1,850,000
592,685
37,204,307
50,000
50,000
96, 540
2,274,298
400,000
365,000
74,247
11,965, 249
475,000
475,000
85, 788
14, 239,548
60
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 9.—Consolidations of national banks, or national and State banks,
during the year ended Dec. 31, 1957, under sections 1, 2, and 3 of the act of Nov. 7,
1918, as amended—Continued
Capital
stock
Surplus
Undivided
profits
Liberty National Bank of Washington, D. C. (11633),
with
$1,000,000 $2,000,000 $1,021,650
and The National Bank of Washington, D. C. (3425),
which had
6,150,000 12,000,000
2,209,411
consolidated Nov. 22, 1957, under charter and title
of the latter bank (3425). The consolidated bank
at date of consolidation had
7,250,000 14,000,000
3,149,130
The Citizens and Farmers Bank of Spencerville, Ohio,
with
50,000
175,000
82,857
and The National Bank of Lima, Ohio (13767), which
had.
750,000
855,071
750,000
consolidated Nov. 30, 1957, under charter of the
latter bank (13767), and title "First National Bank
and Trust Company of Lima." The consolidated
bank at date of consolidation had
662,927
1,000,000
1,000,000
The Ventnor City National Bank, Ventnor City,
N. J. (10248), with
255,862
200,000
300,000
and The Boardwalk National Bank of Atlantic City,
N. J. (8800), which had
1,800,000 2,600,000
799,312
consolidated Dec. 3, 1957, under charter and title of
the latter bank (8800). The consolidated bank at
date of consolidation had
2,000,000
1,055,174
2,900,000
The National Bank of Haverstraw and Trust Company, Haverstraw, N. Y, (2229), with
150,000
100,000
17,890
and Rockland National Bank, Suffern, N. Y. (5846),
which had
399,661
1,010,000 1,270,000
consolidated Dec. 6,1957, under charter and title of
the latter bank (5846). The consolidated bank at
date of consolidation had
1,170,000 1,420,000
417,551
Montclair Trust Company, Montclair, N. J., u with..
770,000 1,000,000
1,448,481
and First National Bank of Montclair, N. J. (9339),
which had
656,250
656,250
1,289,958
consolidated Dec. 20,1957, under charter of the latter
bank (9339), and title "Montclair National Bank
and Trust Company." The consolidated bank
at date of consolidation had
1,365,000
1,735,000 2,720,939
200,000
100,000
101,977
Selma Trust & Savings Bank, Selma, Ala., with
and The Selma National Bank, Senna, Ala. (7084),
123,176
200,000
500,000
which had
consolidated Dec. 31, 1957, under charter and title
of the latter bank (7084). The consolidated bank
300,000
225,153
700,000
at date of consolidation had
36,989
25,000
75,000
Farmers State Bank, Woodbury, Pa., with
and The First National Bank of Everett, Pa. (6220),
125,000
97,904
375,000
which had
consolidated Dec. 31,1957, under charter and title of
the latter bank (6220). The consolidated bank at
134,894
150,000
450,000
date of consolidation had
_
Assets
$41,336,738
254,913,415
294,554,721
3,201,843
30,326,062
33,527,904
13,550,378
85,728,259
99,117,961
5,202,834
33,523,039
38,725,872
49,214,334
30,286,928
79,501,262
7,787,549
7,005,356
14,383,522
1,203,425
5,799,424
7,002,849
1 With 1 local branch.
2 With 2 local branches.
3 With 1 local branch.
* With 1 branch in Malvern.
s With 1 branch in Kingston.
e With 2 local branches.
i8 With 1 branch each in AmityvUle, Brentwood, North Lindenhurst, Riverhead, and Ocean Beach.
With 1 local branch, 2 branches in San Bernardino, and 1 each in Apple Valley, Arlington, Banning,
Barstow, Blythe, Cathedral City, Colton, Corona, Fontana, Hemet, Indio, La Sierra, Loma Linda, March
Air Force Base, Palm Springs, Perris, Redlands, Rialto. Twentynine Palms, West Riverside, Yucaipa, and
1680 Eighth Street, Riverside County (P. O. Riverside).
»With 6 local branches and 1 each in San Ysidro, Carlsbad, Chula Vista, El Cajon, Escondido, La Jolla,
Lakeside, National City, Oceanside, Imperial Beach, and Vista.
io With 3 local branches and 1 in South Norfolk.
» With 1 local branch and 1 each in Upper Montclair and Verona.
REPORT OF THE
COMPTROLLER OF THE
CURRENCY
61
TABLE N O . 10.—Mergers of national banks, or national and State banks, during
the year ended Dec. 31, 1957, under sections 4 and 5 of the act of Nov. 7, 1918, as
amended
Capital
stock
The Citizens National Bank and Trust Company of
Caldwell, N. J. (9612), with
and The National State Bank of Newark, N. J.
(1452), which had
merged Jan. 11, 1957, under charter and title of the
latter bank (1452). The merged bank at date of
merger had
Modesto Bank & Trust Co., Modesto, Calif., * w i t h . .
and The Bank of California, National Association,
San Francisco, Calif. (9655), which had
merged Feb. 1, 1957, under charter and title of the
latter bank (9655). The merged bank at date of
merger had
Bank of Flagstaff, Ariz., with
and The Valley National Bank of Phoenix, Ariz.
(14324), which had
merged Feb. 11, 1957, under charter and title of the
latter bank (14324). The merged bank at date of
merger had
The Fair Haven National Bank, Fair Haven, N. Y.
(12958), with
and Lincoln National Bank and Trust Company of
Syracuse, N. Y. (13393), which had
merged Feb. 15, 1957, under charter and title of the
latter bank (13393). The merged bank at date of
merger had
Bay Trust Company, Bay City, Mich., with
and Peoples National Bank of Bay City, Mich.
(14641), which had
merged Feb. 28,1957, under charter of the latter bank
(14641), and title "Peoples National Bank & Trust
Company of Bay City". The merged bank at
date of merger had
_
The Bank of Malverne, N. Y., with
and The Meadow Brook National Bank of Freeport,
N. Y. (7703), which had
merged Feb. 28, 1957, under charter of the latter
bank (7703), and title "The Meadow Brook National Bank2 of Nassau County," West Hempstead, N. Y. The merged bank at date of merger
had
Bank of Laguna Beach, Calif., with
and Security-First National Bank of Los Angeles,
Calif. (2491), which had
merged Mar. 29, 1957, under charter and title of the
latter bank (2491). The merged bank at date of
merger had
The First National Bank of Ashley, Pa. (8656), with_
and Miners National Bank of Wilkes-Barre, Pa.
(13852), which had
merged June 14, 1957, under charter and title of the
latter bank (13852). The merged bank at date of
merger had
Broadway State Bank, Los Angeles, Calif., with
and Security-First National Bank of Los Angeles,
Calif. (2491), which had
merged June 28, 1957, under charter and title of the
latter bank (2491). The merged bank at date of
merger had
The Brecksville Bank, Brecksville, Ohio,3 with
and Central National Bank of Cleveland, Ohio
(4318), which had
merged June 28, 1957, under charter and title of the
latter bank (4318). The merged bank at date of
merger had
Placer County Bank, Auburn, Calif., with
and The Bank of California, National Association,
San Francisco, Calif. (9655), which had
merged July 12, 1957, under charter and title of the
latter bank (9655). The merged bank at date of
merger had
—
See footnotes a t end of table.
467548—58
5
Undivided
profits
Total
assets
$250,000
$250,000
$360,098
$10,264,875
5,212,500
14,000,000
2,688,370
294,512,900
5,462,500
675,000
15,000,000
345,000
2,198,468
112,859
304,777,774
16,583,588
11,964,000
19,036,000
4,899,967
518,899,609
12,571,500
250,000
19,428,500
135,000
5,040,100
35,116
534, 524,178
6,031,462
6,300,000
15,000,000
4,485.875
437,403,546
6,950,000
17, 225,000
4, 760,991
443,151,161
25,000
40,000
16,773
925,396
1,500,000
2,900,000
1,343,568
94,478,942
1,895,000
300,000
3,470,000
300,000
1,360,341
111, 895
95,398,208
3,079,259
2,000,000
2,000,000
263,026
59,756,285
2,000,000
125,000
2,000,000
375,000
194, 921
96,087
62,317,013
10,009,358
7, 709, 290
7,709,290
2, 673, 292
289,792,234
7,990,540
150,000
7,766,000
140,000
2,949,552
42,501
299,819,731
7,763,347
59,000,000
59,000,000
59,584,453
, 555,132,055
59,262, 500 59, 262, 500 59,419,171
250,000
350,000
179, 249
, 562,922,618
9,121,449
2,500,000
4,000.000
1,855,231
70,687,951
2,775,000
227,010
4,325,000
504,056
2,009,424
158,056
79,782,617
19,244,899
59,262,500
59,262,500
61,351,076 2,586,717,424
59, 775,000 59,775,000
200,000
260,000
61,319,357
61,131
606,036,488
8,482,125
16,000,000
19,478,869
1,448,484
554,172,141
16,400,000
250,000
19,600,000
310,000
1,448,484
187,285
562,343,024
11,793,519
19,248,500
5,320,205
20,153,500
5,113,571
12,571,500
12,846,500
565,258,586
577,153,463
62
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 10.—Mergers of national banks, or national and State banks, during
the year ended Dec. 31, 1957, under sections 4 o,nd 5 of the act of Nov. 7, 1918, as
amended—Continued
Capital
stock
The First National Bank and Trust Company of
Camden, N . Y. (2448), with
and The Oneida National Bank and Trust Company of Utica, N . Y. (1392), which had
merged July 31, 1957, under charter and title of the
latter bank (1392). The merged bank at date of
merger had
The First National Bank of Marathon, N . Y. (3193),
with
!
and First National Bank of Cortland, N . Y. (2272),
which had.--,.
merged Aug. 15, 1957, under charter and title of the
latter bank (2272). The merged bank at date of
merger had
The Bank of Arizona, Prescott, Ariz.,4 with
and First National Bank of Arizona, Phoenix, Ariz.
(3728), which had
merged Sept. 13, 1957, under charter and title of the
latter bank (3728). The merged bank at date of
merger had
The Orion State Bank, Lake Orion, Mich., with
and Community National Bank of Pontiac, Mich.
(13739), which had
merged Sept. 30, 1957, under charter and title of the
latter bank (13739). The merged bank at date of
merger had
,.
American Bank & Trust Company, Lewiston, Idaho,
with
and First Security Bank of Idaho, National Association, Boise, Idaho (14444), which had
merged Sept. 30,1957, under charter and title of the
latter bank (14444). The merged bank at date of
merger had
The Seneca County Trust Company of Seneca Falls,
N. Y., with
and Lincoln National Bank and Trust Company of
Syracuse, N . Y. (13393), which had
merged Oct. 25, 1957, under charter and title of the
latter bank (13393). The merged bank at date of
merger had
Citizens State Bank of Bristol, Ind., with
and The First National Bank of Elkhart, Ind. (206),
which had
merged Nov. 18, 1957, under charter and title of the
latter bank (206). The merged bank at date of
merger had
The Washington National Bank of Ellensburg,
Wash.* (9079), with
and National Bank of Washington, Tacoma, Wash.
(3417), which had
merged Dec. 13, 1957, under charter and title of the
latter bank (3417). The merged bank at date of
merger had-....
Bank of Waterford, N. Y., with
and The National Commercial Bank and Trust
Company of Albany, N . Y. (1301), which had
merged Dec. 20, 1957, under charter and title of the
latter bank (1301). The merged bank at date of
merger had-_
Zion's Savings Bank & Trust Company, Salt Lake
City, Utah, with
_.
Utah Savings & Trust Company, Salt Lake City,
Utah, with
_.
and First National Bank of Salt Lake City, Utah
(4341), which had
merged Dec. 30, 1957, under charter and title of the
the latter bank (4341). The merged bank at date
of merger had
,
Surplus
Undivided
profits
$100,000
$100,000
$124,371
$3,633,028
1,307,910
3,500,000
1,248,605
81,290,685
1,397,910
3,750,000
1,228,820
84,923,713
50,000
75,000
30,909
1,841,607
700,000
800,000
257,829
19,653,504
700,000
500,000
800,000
500,000
261,800
370,238
21,494,580
25,660,889
8,430.000
7,500,000
2,900,008
239,616,456
9,200,000
200,000
8,000,000
118,000
3,000,246
124, 217
265,277,345
4,735,094
2,150,000
2,150,000
1,125,691
95,854,909
2,750,000
2,750,000
287,907
100,287,901
150,000
100,000
222,782
6,759,598
5,000,000
4,000,000
1,778,552
192,408,694
5,159,000
4,100,000
1,992,334
199,168,292
100,000
300,000
115,334
5, 283,317
1,895,000
3,470,000
1,506,469
99,122,469
1,895,000
25,000
3,470,000
60,000
1,281,798
1,568
104,335,781
1,130,161
700,000
1,300,000
744,847
45,492,623
725,000
1,360,000
743,279
46,622,784
200,000
300,000
154,221
8,790,762
5,200,063
4,517,188
2.913,402
164,604,833
5,525,063
75,000
5,624,938
90,000
2,134,873
271,905
173,222,267
6,692,466
5,134,500
8,865,500
3,254,271
276,515,264
5,269,500
8,865,500
3,556,176
283,084,794
1,500,000
1,500,000
2,762,741
36,843,455
300,000
800,000
661,848
15,263,277
750,000
1,750,000
3,038,557
70,016,854
2,550,000
7,450,000
2,990,632
122,123,585
1 With 1 local branch and 1 in Riverbank.
2 Branch office designated "head" office and former head office designated a branch office.
3 With 1 branch in N orth Royalton.
* With 7 branches; Clarkdale. Flagstaff, Williams, Cottonwood. Sedona, Prescott. Page,
s With 1 local branch.
?
Total
assets
REPORT OP THE COMPTROLLER OF THE CURRENCY
63
TABLE N O . 11.—Number of domestic branches of national banks authorized during
the year ended Dec. 31, 1957
Charter
No.
Branches authorized
under act of Feb. 25,
1927, as amended
Title and location of bank
Local
3041
3185
1595
13097
1814
The First National Bank of Anniston
The First National Bank of Birmingham..
The First National Bank of Mobile
The Merchants National Bank of Mobile.
The First National Bank of Montgomery.
14651
14747
National Bank of Alaska in AnchorageAlaska National Bank of Fairbanks
3728
14324
First National Bank of Arizona, Phoenix..
The Valley National Bank of Phoenix
13958
Union National Bank of Little Rock
ALASKA
ARKANSAS
CALIFORNIA
City National Bank of Beverly Hills
_
Citizens National Trust & Savings Bank of Los Angeles
__
Security-First National Bank,i Los Angeles
The First National Bank of Monterey
The First National Bank of Ontario
_
___
Citizens National Trust & Savings Bank of Riverside
_
The First National Trust and Savings Bank of San Diego
Bank of America National Trust and Savings Association, San Francisco.
9655 The Bank of California, National Association, San Francisco..
1741 Crocker-Anglo National Bank, San Francisco
_
2158 The First National Bank of San Jose
12640 First National Bank of San Rafael
___
.
14695
5927
2491
7058
6268
8907
3050
13044
CONNECTICUT
335
1132
1338
720
1184
2
227
5309
The Connecticut National Bank, Bridgeport
_
City National Bank & Trust Company of Danbury—
Hartford National Bank and Trust Company, Hartford
The Home National Bank and Trust Company of Meriden..
The New Britain National Bank, New Britain
_.
The First New Haven National Bank, New Haven.__
The Second National Bank of New Haven
The First National Bank and Trust Company of Ridgefield.
DISTRICT OF COLUMBIA 2
4247
3425
1559
10270
The Lincoln National Bank of Washington
The National Bank of Washington..
__.
_
The First National Bank of Atlanta...
_—
The First National Bank & Trust Company in Macon.
HAWAII
5550
Bishop National Bank of Hawaii, Honolulu
IDAHO
14444
1668
First Security Bank of Idaho, National Association, Boise..
The Idaho First National Bank, Boise
See footnotes at end of table.
Other
than
local
Total
64
REPORT OF THE COMPTROLLER OF THE
CURRENCY
TABLE NO. 11.—Number of domestic branches of national banks authorized during
the year ended Dec. 31j 1957—Continued
Charter
No.
Title'and location of bank
Branches authorized
under act of Feb. 25,
1927, as amended
Local
INDIANA
14175
11148
9381
14047
The First National Bank of Elkhart
The National City Bank of Evansville
_
_
Fort Wayne National Bank, Fort Wayne
_
American Fletcher National Bank and Trust Company, Indianapolis.
The Indiana National Bank of Indianapolis
Merchants National Bank & Trust Company of Indianapolis
La Fayette National Bank, Lafayette.
Purdue National Bank of Lafayette_
The Merchants National Bank of Michigan City
The Union National Bank of New Albany
10765
4742
Hutchinson National Bank and Trust Company, Hutchinson.
The Farmers National Bank of Salina
6028
4090
906
109
14320
The First-Hardin National Bank of Elizabethtown
The State National Bank of Frankfort
_..
First National Bank and Trust Company of Lexington
The First National Bank of Louisville
Liberty National Bank and Trust Company of Louisville..
5807
14687
14503
14621
3671
4524
13688
13648
The First National Bank of Abbeville
The National Bank of Bossier City
Citizens National Bank & Trust Company of Houma_.
Gulf National Bank at Lake Charles
The New Iberia National Bank, New Iberia
The Peoples National Bank of New Iberia
The Hibernia National Bank in New Orleans
Commercial National Bank in Shreveport
1089
1254
941
13768
The First National Bank of Biddeford
The Ocean National Bank of Kennebunk.
The Canal National Bank of Portland
Northern National Bank of Presque Isle. _
1413
13680
1519
1267
12590
6606
The First National Bank of Baltimore
The First National Bank of Bel Air
_.
The Second National Bank of Cumberland
Farmers and Mechanics-Citizens National Bank of Frederick.
The Nicodemus National Bank of Hagerstown
The First National Bank of St. Mary's at Leonardtown
614
484
1129
1939
4774
1082
726
14816
308
13411
Middlesex County National Bank, Everett
The Haverhill National Bank, Haver hill
Merrimack Valley National Bank, Haverhill
Holyoke National Bank, Holyoke
__.
The First National Bank of Ipswich
The Agricultural National Bank of Pittsfield..
_
Merchants-Warren National Bank of Salem
__
Security National Bank of Springfield
The Third National Bank and Trust Company of SpringfieldFirst National Bank of Webster
14641
13671
Peoples National Bank & Trust Company of Bay City
National Bank of Detroit
___
Hackley Union National Bank and Trust Company of Muskegon...__
Community National Bank of Pontiac
206
12132
13818
13759
KANSAS
KENTUCKY
LOUISIANA
MARYLAND
MASSACHUSETTS
MICHIGAN
13739
See footnotes at end of table.
Other
than
local
Total
REPORT OF THE COMPTROLLER OF THE CURRENCY
65
TABLE NO. 11.—Number of domestic branches of national banks authorized during
the year ended Dec. 81, 1957—Continued
Charter
No.
Branches authorized
under act of Feb. 25,
1927, as amended
Title and location of bank
Local
MISSISSIPPI
3656
5176
6681
7266
13722
The First National Bank of Aberdeen
First National Bank of Hattiesburg
The First National Bank of Laurel
The Citizens National Bank of Meridian
Britton & Koontz National Bank in Natchez.
7038
14406
First National Bank of Nevada, Reno, Nevada.
The Security National Bank of Reno
8800
1436
12646
12022
1270
9339
6692
1452
587
3697
5981
9367
13369
3878
288
13173
The Boardwalk National Bank of Atlantic City
The National State Bank, Elizabeth, N. J
The First National Bank of Hamilton Square
Peoples National Bank of Laurel Springs
The Millville National Bank, Millville
Montclair National Bank and Trust Company, Montclair
The Citizens National Bank of Netcong
The National State Bank of Newark
The National Bank of New Jersey, New Brunswick
The Peoples National Bank of New Brunswick
The First National Bank and Trust Company of Paulsboro
The First National Bank and Trust Company of Ramsey
The First National Bank of Sayreville
The First National Bank of South Amboy
The First National Bank of South River
The First National Bank of Whippany
NEVADA
NEW JERSEY
._
_.._
NEW MEXICO
6183
The First National Bank of Farmington
NEW YORK
10525
11059
The National Commercial Bank and Trust Company of Albany
The Canadaigua National Bank and Trust Company, Canandaigua..
First National Bank of Cortland
*_
The Franklin National Bank of Long Island,' Franklin Square
The National Bank of Geneva
The First National Bank of Herkimer
Security National Bank of Huntington
Chautauqua National Bank of Jamestown
The Kerhonkson N ational B ank, Kerhonkson
The Rondout National Bank of Kingston
The State of New York National Bank, Kingston
First Westchester National Bank of New Rochclle
The First National City Bank of New York
The National Bank and Trust Company of Norwich
The Citizens National Bank and Trust Company of Oneonta
The Farmers National Bank and Trust Company of Rome
The Fort Neck National Bank of Seaford
The First National Bank of Spring Valley
Rockland National Bank, Suffern
._
Lincoln National Bank and Trust Company of Syracuse
The Manufacturers National Bank of Troy
The Oneida National Bank and Trust Company of Utica
Valley Stream National Bank and Trust Company, Valley Stream___
The Meadow Brook National Bank of Nassau County,4 West
Hempstead
_..
National Bank of Westchester, White Plains
The First National Bank of Woodridge
13721
9164
8844
13985
4597
First National Bank and Trust Company in Asheville.
The Union National Bank of Charlotte
The National Bank of Alamance of Graham^
The Guilford National Bank of Greensboro—
._
First National Bank of Catawba County, Hickory
1301
3817
2272
12997
12450
3183
6587
8453
10855
1120
955
13955
1461
1354
8920
2410
12963
5390
5846
13393
721
1392
11881
7703
NORTH CAROLINA
See footnotes at end of table.
Other
than
local
Total
66
REPORT OF THE COMPTROLLER OF THE
CURRENCY
TABLE NO. 11.—Number of domestic branches of national banks authorized during
the year ended Dec. 31, 1957—Continued
Branches authorized
under act of Feb. 25,
1927, as amended
Charter
No.
Title and location of bank
Local
NORTH CAROLINA—continued
10610
9531
14780
10608
13626
The National Bank of Lumberton
_
The First National Bank of Mooresville
First National Bank of Raleigh
The Planters National Bank & Trust Company of Rocky Mount.
National Bank of Wilson
14579
3721
183
6566
76
4318
786
14761
5065
1788
2604
4293
98
13767
2577
13687
4842
858
14686
43
2160
2479
2575
2350
13586
5760
First National Bank of Akron
Alliance First National Bank, Alliance
The First National Bank of Ashland
First National Bank of Cambridge
First National Bank of Canton
Central National Bank of Cleveland
The National City Bank of Cleveland
Society National Bank of Cleveland
The Ohio National Bank of Columbus
The Merchants National Bank and Trust Company of Dayton.
The Winters National Bank and Trust Company of Dayton
The National Bank of Dover
The First National Bank of Ironton
First National Bank and Trust Company of Lima
...
First National Bank of Mansfield
_._
The First National Bank in Massillon
The Old Phoenix National Bank of Medina
The First National Bank of Newark
The Lake County National Bank of Painesville
The First National Bank of Salem
The First National Bank and Trust Company in Steubenville..
The Second National Bank of Warren..
The Citizens National Bank of Xenia
The Mahoning National Bank of Youngstown
The Union National Bank of Youngstown
The Citizens National Bank in Zanesville
OHIO
OKLAHOMA
5252
The First National Bank of Miami
1553
4514
The First National Bank of Portland
The United States National Bank of Portland.
PENNSYLVANIA
373
14037
14251
593
355
13998
3990
573
12
6220
580
4204
4965
13781
683
3063
11244
2222
4938
14274
539
6301
6942
13940
The First National Bank of Allentown
Ambler National Bank, Ambler
The Bridgeville National Bank, Bridgeville
The National Bank of Chambersburg
The Delaware County National Bank, Chester
The County National Bank at Clearfield
The National Bank of Coatesville
The Doylestown National Bank and Trust Company, Doylestown.
The First National Bank of Erie
The First National Bank of Everett
The Harrisburg National Bank, Harrisburg
The Hazleton National Bank, Hazleton
Union National Bank and Trust Company of Huntingdon
United States National Bank in Johnstown
The Lancaster County National Bank, Lancaster
The Peoples National Bank and Trust Company of Langhorne
The First National Bank of Mapleton
Western Pennsylvania National Bank, McKeesport
First National Bank of Meadville
_
—
Oil City National Bank, Oil City
The Philadelphia National Bank, Philadelphia
Mellon National Bank and Trust Company, Pittsburgh
National-Dime Bank of Sbamokin
First National Bank in Tarentum
See footnotes at end of table.
_
Other
than
local
Total
67
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 11.—Number of domestic branches of national banks authorized during
the year ended Dec. 31, 1957—Continued
Charter
No.
Title and location of bank
Branches authorized
under act of Feb. 25,
1927, as amended
Local
Other
than
local
PENNSYLVANIA—continued
5034
13196
30
13852
Gallatin National Bank, Uniontown
Upper Darby National Bank, Upper Darby
The First-Second National Bank and Trust Company of Wilkes-Barre.
Miners National Bank of Wilkes-Barre
RHODE ISLAND
1302
Industrial National Bank of Providence
SOUTH CAROLINA
2044
13720
14784
The Citizens and Southern National Bank of South Carolina, Charleston
The South Carolina National Bank of Charleston
The First National Bank of South Carolina of Columbia
Carolina National Bank of Easley
First National Bank of Myrtle Beach
14611
1603
10842
2049
6093
14279
336
13349
13103
3614
American National Bank and Trust Company of Chattanooga..
The First National Bank of Clarksville
The First National Bank of Kingsport
Park National Bank of Knoxville
The First National Bank of Lawrenceburg
The Blount National Bank of Maryville
The First National Bank of Memphis
Union Planters National Bank of Memphis
Third National Bank in Nashville
—
The First National Bank of Sparta
14425
TENNESSEE
TJTAH
2597
4341
First Security Bank of Utah, National Association, Ogden.
Zions First National Bank, Salt Lake City
The Howard National Bank and Trust Company of Burlington-
10618
1985
6389
6778
5261
9885
2737
11817
12599
National Bank and Trust Company of Charlottesville.
The First National Bank of Danville
The National Bank of Fairfax
The Merchants' National Bank of Hampton
,.__.
The Rockingham National Bank of Harrisonburg
National Bank of Commerce of Norfolk
_
The First National Exchange Bank of Roanoke
The Colonial-American National Bank of Roanoke
Wythe County National Bank of Wytheville
4375
14394
11280
3417
12292
The National Bank of Commerce of Seattle
Peoples National Bank of Washington in Seattle
Seattle-First National Bank, Seattle
National Bank of Washington, Tacoma, Washington, Tacoma..
The Puget Sound National Bank of Tacoma
...
WASHINGTON
WISCONSIN
7347
The Batavia National Bank of La Crosse
Total (237 banks) .
1 Formerly "Security-First National Bank of Los Angeles".
One branch also authorized for 1 nonnational bank in the District of Columbia.
3 Formerly "The Franklin National Bank of Franklin Square".
< Formerly "The Meadow Brook National Bank of Freeport", Freeport, N. Y.
2
134
270
Total
68
REPORT OF THE COMPTROLLER OF THE
CURRENCY
TABLE NO. 12.—Number of branches of national banks closed during the year ended
Dec. 31, 1957
Branches closed
Title and location of bank
Local
III
Charter
No.
Total
ARIZONA
14324
1
The Valley National Bank of Phoenix
CALIFORNIA
Bank of America National Trust and Savings Association, San Francisco
13200 The Commercial National Bank of Santa Ana _
_ __
13044
1
1
2
i
1
1
2
CONNECTICUT
13042
1338
942
First National Bank in Greenwich
Hartford National Bank and Trust Company, Hartford
The National Bank of Norwalk_ __
_ _
2
2
1
IDAHO
4690
i
The First National Bank of C aid well
MICHIOAN
13738
1
Manufacturers National Bank of Detroit.
N E W JERSEY
329
1
First National Bank and Trust Company of Paterson
N E W YORK
6198
7703
Staten Island National Bank & Trust Company of New York
The Meadow Brook National Bank of Nassau County,1 West Hempstead
__ _ _
-
5
5
2
3
3
NORTH CAROLINA
2135
3
3
The Commercial National Bank of Charlotte
OHIO
2160
The First National Bank and Trust Company in Steubenville
1
OREOON
4514
1
The United States National Bank of Portland
PENNSYLVANIA
14037
13026
14139
6301
6465
Ambler National Bank, Ambler
The Penn Valley National Bank of Hatfield
The National Bank of Narberth.
__. . . _ .
Mellon National Bank and Trust Company, Pittsburgh
The Merchants National Bank of Quakertown
13720
The First National Bank of South Carolina of Columbia
2
1
2
1
1
2
1
2
1
1
SOUTH CAROLINA
1
_
VERMONT
13894
The Windham National Bank of Bellows Falls
Total (21 banks)
* Formerly "The Meadow Brook National Bank of Freeport", Freeport, N. Y.
* Includes 2 seasonal agencies.
16
1
1
217
33
TABLE NO. 13.—Principal items of assets and liabilities of national banks, by size of banks, according to deposits, Dec. 81, 1956 and 1957
[In thousands of dollars]
Loans and securities
Number of
banks
Total
Loans
U. S.
and dis- Governcounts
ment obincluding ligationsredisdirect and
counts
guaranand overteed
drafts
Other
bonds
and
securities
Cash
balances
with
other
banks
including
reserve
with
Federal
Reserve
banks
Real
estate
assets
3,837
9,551
25, 268
238,676
1,229,445
1,617,491
2,473,492
2,028,978
2, 212,964
7, 799, 208
9,443, 587
63
188
943
8,486
54, 434
83,949
143,402
121,451
105,416
334,014
353,914
Deposits
Total
assets
Capital
stock
Surplus
profits
and
reserves
Total
Demand
Time
1956
Banks^with deposits of—
Less than $500,000- -
$500,000 t o $750,000
$750,000 t o $1,000,000
$1,000,000 t o $2,000,000
$2,000,000 t o $5,000,000
$5,000,000 t o $10,000,000
$10,000,000 t o $25,000,000...
$25,000,000 t o $50,000,000.-$50,000,000 t o $100,000,000-$100,000,000 t o $500,000,000$500,000,000 or m o r e
Total
8,310
4,182
25
27,932
13,538
51
77,336
37, 928
104
356,334
808,803
623
1,585 4,540,289 1, 985, 287
1,022
6,119,157 2, 723,394
719 9, 277,100 4, 209, 715
257 7,318,099 3,418,049
125 7,038,477 3, 537,831
126 21,854,937 12, 258,257
22 31,681,284 19, 703,817
3,250
878
12,261
2,133
32, 723
6,685
75,060
377, 409
2,012,199
542,803
2,624,221
771,542
3,945, 546 1,121,839
3,105,956
794,094
2,773,145
727, 501
7,675,429 1,921, 251
9,117,946 2,859, 521
12,220
860
1,042
37,686
1,507
3,209
103,654
4,271
8,138
1,056,650
31, 332
77, 896
5, 829, 710
138, 821
375,563
7, 829, 979
165,301
442,944
11,917,026
252,490
591,696
9,493, 938
197, 738
419,061
9,386, 662
198,698
402,142
30,132, 742
636, 618 1,348,959
41, 901, 715 1,010,472 2,163,374
10,264
8,795
1,469
32,857
27,662
5,195
91,003
68,173
22,830
944, 753
681, 799
262,954
5,295, 204 3,614,749 1,680,455
7,181,445 4,809,782 2,371,663
10,984,019 7,362,069 3,621,950
8, 793,610 6,126,507 2, 667,103
8,686,556 6,463,094 2,223,462
27,772,261 22,200, 737 5,571,524
37, 702, 851 27, 664,191 10,038,660
4,659 88, 751,724 48,248,332 31,680,085 8,823,307 27,082,497 1, 206, 260 117, 701, 982 2, 638,108 5,834,024
107, 494, 823 79, 027,558 28,467, 265
1957
Banks with deposits of—
Less t h a n $500,000 . _
$500,000 t o $750,000
$750,000 t o $1,000,000
$1,000,000 t o $2,000,000
$2,000,000 t o $5,000,000
$5,000,000 t o $10,000,000
$10,000,000 t o $25,000,000-$25,000,000 t o $50,000,000--$50,000,000 t o $100,000,000.$100,000,000 t o $500,000,000.
$500,000,000 or m o r e
Total
22
7,027
3,591
12,429
25,429
47
70, 386
32,800
92
804,876
357, 557
606
4, 523,106 2,021, 539
1,556
1,043 6,336,908 2,890,865
723 9, 508,808 4,443,637
259 7,575,676 3,600, 621
131 7,633, 783 3,927,966
125 22,082,023 12,622,529
23 32,915,964 20, 588, 743
532
2,904
2,155
10,845
30,298
7,288
362,705
84,614
1,904,044
597,523
2,574, 830
871,213
3,833,056 1,232,115
3,082,457
892, 598
2,857, 726
848,091
7,402,229 2,057, 265
9,276, 982 3,050,239
3,455
8,802
21, 987
226,374
1,183,360
1, 610,475
2,418,516
1,939,949
2,217,152
7,631,036
9,604,028
59
171
947
9,048
59,249
92,517
162,649
132,253
120, 651
368,021
394,216
10, 542
610
871
34,431
1,322
2,967
93,369
3,610
7,896
1,041,110
31,316
78,935
5, 771, 915
139,899
379, 284
8,049,341
171, 764
470,449
12,118,166
263,624
619,066
9, 679,072
208, 558
441,725
10,008, 030
225, 938
456, 294
30,236,888
662, 220 1,429,248
43,479, 776 1,097,352 2, 400, 269
9,052
7,633
1,419
4,942
25,113
30,055
20, 603
60, 925
81, 528
282,331
926, 623
644,292
5, 229,659 3,453,057 1,776,602
7,361,201 4,724,637 2,636,564
11,128,055 7,192,697 3,935,358
8, 932,517 5,965,278 2, 967,239
9, 206, 507 6,651,787 2, 554, 720
27,708,777 21, 546,723 6,162,054
38,822,337 27,608,823 11,213,514
4,627 91, 483, 986 50,502, 277 31,338,076 9,643,633 26,865,134 1,339, 781 120, 522, 640 2,806,213 6,287, 004 109,436,311 77,880,965 31, 555,346
TABLE N O . 14.— Time deposits of national banks, June 6, 1957
[In thousands of dollars]
Deposits of individuals, partnerships, and corporations
Location
Maine
New Hampshire.
Vermont
Massachusetts...
Rhode Island
Connecticut
Deposits Christaccumas
mulated sav:
. /ings
Savings] for pay- and
ment similar
of peracsonal counts
loans
95,735
43,923
77,149
367,152
197, 565
220,603
121
51
183
3,309
635
1,412
1,200
783
10, 545
3,043
5,666
Open
accounts
Other
of
open
Certifibanks' cates of
acown
deposit counts
trust
departments
2,100
2
32
30,957
3,000
712
1,453
1,588
2,046
10,875
265
1,007
219
10
96
24,347
330
2,272
17,234
Number of accounts
u. s;
Total
101,040
46,774
447,185
204,203
230,895
Government
872
715
36
6,863
405
States
Banks
Banks
and
in
in
Postal political
foreign
savings subdi- United countries
visions States
349
113
408
6,882
433
391
6,178
1,456
8,576
6,188
682
79,445
15,688
61,981
74
6,519
7
15
3
1,402
24
5
Total New England States,_. 1,002,127
4,299
22,649
36,803
27,274 1,110,386
10,759
1, 891, 757
1,311,182
2,129,439
11, 846
200, 570
140,255
25,183
1,682
5,239
37,461
33,647
48, 770
242
3,085
1,385
25,736
3,079
55,985
2
3,013
900
41,674 243,400 2,265,211
11,911
7,978 1,369,479
135,733 41, 502 2,416,668
12,147
50
7
212,259
2,151
1,161
20, 399
3,274
173,882
18,022
5,461
4,051
6,164
8,944
925
5,685,049
42,052 124,590
88,715
211, 918 297,322 6,449,646
42,642
1,607
163, 707
494,334 15,377
13, 926 15,324
176,843
334
5,590
1,242
112,084
2,746
8,975
7,436
644
4,430
2,620
80,026
8
24, 525
221,082
18,423 12,728
461, 545 9,160
3,359
18,495
1,580
275,399
12,949
2,171
60,660
467
8,346
911
284,311
138,902 47,177 1,019, 563 21,943
102, 705
10,328
556
1,720
537
15,281
3,664
23,316
7,296
458, 684 3,994
110
171
1.230
51
1,143
24
15
164
4,
5,704
78,308
1,403
15
4,772
264,120
752
12,493
21,828
301,676
99, 730 3,896,175
2,522
440,600
New York..
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia..
Total Eastern States.
Virginia
West Virginia—.
N o r t h Carolina..
South Carolina. .
Georgia
Florida.
._.
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee.
Total Southern States..
452, 555
166,590
91,234
73,442
2,279
7,r~
776
12
1,885
2
74
8
1, 656
318
2,118
94, 659
1,101
306
8,495
2,403
2,554
3,318
2,686
3,439
3,011
975
3,040
618
3,435
5,053
4,843
2,325
827
7
5,004
31,366
1, <"
1,025
4,824
3,294,994 102,9151
41,066
55, 794
424, 622
249,830
46,411
265,893
704.419
87, 629
125,228
418,195
3,258
1,006
7
761
10
Christmas
savings
and
similar
accounts
Total
145,968
77,437
101,148
593,177
213,880
315,658
31,087
21,613
15,495
205,755
50,721
85,902
7,600 1,144,965 1,447,268
410, 573
241,022 2,606,390 1,954,443
4
1,390,632 1,361,893
796
750 2,484,928 1,925,889
12,221
8,177
224,942
204,123
183, 751
119,008
601,433
473,232
808,245
3,838
56,760
22,903
7,600
10
102,268
47,617
80,736
476,110
205,065
233,169
3,490 241, 772 6,902,864 5,573. 533 1,966,411
37
205
300
3
536
340
5,498
155
100
2,000
1,000
5,000
50
8,992
548,199
178,615
123,424
89,459
230,939
551,615
280,511
62,846
290,601
1, 317,267
104,192
162,084
485,050
460,999 155,267
206,727
48,773
130,328
46,240
67,509
97,454
246, 687 49,200
69,445
372,412
55,145
287,543
20,433
60,197
44,589
456,920
47,880
713,859
14,042
80,240
120, 890 67, 631
87,260
459,752
8,050 4,424,802 3,694,008
773,414
Ohio
Indiana
Illinois
Michigan..
WisconsinMinnesota..
Iowa
Missouri. __
1,126,474 113,083
584,154
681
2,392,119 52,176
1,121,875
141
485,282
294
468, 667
1,591
35
161,682
273,260
2,476
Total Middle Western States,
North Dakota _
South Dakota..
Nebraska
Montana
Wyoming
Colorado
New MexicoOklahoma
6, 613, 513 170,477
Total Western States.
Washinhton.
Oregon
_.
California
Idaho
Utah
Nevada
Arizona
Total Pacific States
Total United States (exclusive of possessions)
Alaska (member and nonmember
banks)
The Territory of Hawaii (nonmember bank)
Virgin Islands of the United States
(member bank)
Total possessionsTotal United States and
possessions. _.
New York City (central Reserve
city)
Chicago (central Reserve city)
Other Reserve cities
Country banks (member banks) 2__
Possessions (nonmember banks).
647
42,240
48,353
87,643
134,357
68,533
685
1,490
1,726
243,080
69,483
202,496
4,787
954,284
9,729
394
14,213
9,168
18,496
9,701
6,172
2,191
1,043
2,624
16,021
12, 510
88,069
506
2,238
16, 200
460
3,759
139, 763
65, 811 15,286 1, 350, 888
46,893 21,999
675,405
70,346 12,271 2, 633,477
115, 560 53, 695 1,301,478
46,255
542,879
2,638
158,302
649,373
2,422
199,305
35,205
880
314,513
30,120
2,274
3,514
8,728
2,360
2,841
1,458
1,776
2,784
iyu
1,911
1,118
35
957
68
53
487
YD, iiy
532
135,709
75,140
4,648
12,780
164
18,097
568,492 111, 465 7, 667,318 26,660
4,819
323,489
210
172
1,419
1,328
153
75
1,234
297
665
190
70
1,301
520
4
29
1,100
1
6,379
42,077
33, 993
19,568
21,492
16,169
2,121
7,358
3,734
36, 344
5,553
9,594
182,856
429
4,581
16, 658 1,178, 674 14,642
4,751
1,312
61,432
5,894
3,300
53, 803
225
7,734
20,318
69,201
7,871
4,221
339
17, 982
5,144
632,572
2,879
572,368
229
2,235
64, 844 5, 678,867 55, 704
138,289
1,151
30
100,020
2,350
69,640
1,070
16
160,354
2,413
350
611,287
545,203
5,429,538
130,163
95,799
66,183
140,346
422
42
7,018,519
540 70,206
1,077
1, f ~'
1,603
64,825
127, 666
3,548
822
126
1,763
1,474
50
2,254
2,177
4,444
88,912
83, 410
110,742
160,950
88,059
60,374
255,420
75,692
255,115
70,354 7,352,110
41
65,159
4,508
334
96,361
347
1,735
1,263
7,239
1,304
7,449
107,196
435,416
7,963 23,000
903,418 11,781
2,500 85, 294
10,616,669 138, 757 105,665 250, 421
12, 619,602 179, 821 211,557 36, 779
89, 742
1,291
691,672
217,305
7,
6,289 1,013, 631
4,349
1,733,103
411,943 209, 648 11,
985, 562 189,561 14,222,882
7,449
100,217
1,735
1 As denned in Regulations D and Q of the Board of Governors of the Federal Reserve System.
2 Includes 1 member bank in Alaska and 1 member bank in the Virgin Islands of the United States.
4,021
3,768
24,840
23,032
2,791
1,123
20,843
5,838
13,400
1,242, 872 1,036,055
99, 656
14
202
11
918
87,373
28,604
768,401
27
644,169
653,598
390
5,400
504, 661
600,450
50
3,225 257,996 6, 552,472 5,427, 642
112,351
139,471
112,075
114,222
80,057
71,985
~~5~666 185, 510 147, 534
1,181
614, 866
3,665
8,308,279 7,037, 918
933,192
45
976
160,855
161,331
70,739
49,296
211,863
79,307
12,275
36,539
11, 795 1, 599, 305 24, 821 540,968 30,062,425 25,842, 887 5,296,804
5,355
13, 780
4,075
97,059
116, 663
10,254
53, 703
1,279
5,444
24, 664, 847 330,359 328,976 395, 494 1, 417,291 624, 538 27, 761, 505241, 831
91,870
89,255
111, 033
164, 746
89,270
65,751
276,900
88,306
265,741
654
27, 789
556,478
20
10,934
1,275
17, 716
102
10, 604
15,150 8,038,643 7,054,105 1,113, 558
48,067
4,842
1,735
100
1,207
210
10, 502
73, 661
178,202
296,142
178,988
86,944
48,750
19,701
42,450
3
255
3,r~
24, 568,486 330,012 327, 672 395, 494 1,409, 842 622,803 27,654,309 231,227
£i\i&, OOX
2,575
4,813
153
129
777
4,079
18,440
12,129
4,972
377
1,032
109
3,625
179
1,280
68,061
1 , OJLl, OAL
627, 542
681,447
15,150 2,794,582 2,217,331
1,379,148 1,232,357
551,663
584,385
663,740
203,120
201,298
334,380
335,981
1, tOK), i
85
400
135
338
61
20
500
44,560
26,105
573
79,717
93,324
21,460
1,568
1
6,422
10,186
12, 367
501
130,699
129, 615
22,033
11,815 1, 611, 672
24, 832 541, 469 30,193,124 25, 972, 502 5, 318,837
9,859
9,050
862,457
719,967
10,339
957, 483 422, 325 116, 578
1,150 241,022
658, 393
29,556
400 15,150 1,042,306
.
2,984,328 10. 874,602 1,509,846
11, 562 277,796 12
11,720
7,001 15,087, 677 13,900; 475 3,641,079
121,330
21,778
116, 707
500
2,351
9,444
20
72
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 15.—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 1957
Number
of banks
Banks with surplus
equal to or exceeding
common capital stock
Number
June 30,1942.
Dec. 31,1942.
June 30,1943.
Dec. 31,1943.
June 30,1944.
Dec. 30,1944.
June 30,1945.
Dec. 31,1945.
June 29,1946.
Dec. 31, 1946.
June 30,1947Dec. 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 30,1953.
Dec. 31,1953.
June 30,1954.
Dec. 31,1954.
June 30, 1955.
Dec. 31, 1955.
June 30,1956.
Dec. 31, 1956.
June 6, 1957..
Dec. 31,1957.
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
4,842
4,796
4,751
4,700
4,675
4,659
4,654
4,627
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
4,400
4,417
4,378
4,363
4,330
4,337
4,316
4,316
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
90.87
92.10
92.15
92.83
92.62
93.09
92.74
93.28
Banks with surplus
less than common
capital stock
Number
2,992
2,882
2,791
2,612
2,466
2,282
2,075
1,843
1,700
1,482
1,381
1, 238
1,184
1,034
990
849
829
729
711
622
605
518
513
458
442
379
373
337
345
322
338
311
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
9.13
7.90
7.85
7.17
7.38
6.91
7.26
6.72
73
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 16.—Dates of reports of condition of national banks, 1914 to 1957
[For dates of previous calls see report for 1920, vol. 2, table No. 42, p . 150]
Year
1914
1915
1916
1917
1918
1919 .
192O._
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
1954
1955
1956
1957 ..
Jan.
Feb.
Mar.
Apr.
4
4
7
5
4
4
13
28
21
May
June
1
1
1
10
12
4
28
10
5
3
31
6
12
23
28
27
27
25
5
4
4
31
7
29
26
4
4
13
20
12
11
24
9
31
14
20
15
11
10
30
23
30
20
29
30
30
30
30
30
30
30
30
30
30
29
30
30
30
30
30
29
30
30
30
30
29
30
30
30
30
30
29
30
30
30
30
30
30
30
30
30
30
6
July
Aug.
Sept.
Oct.
12
2
12
11
31
Nov.
10
17
20
1
17
15
31
12
8
6
15
14
10
28
10
3
4
24
29
30
25
17
1
28
2
24
18
30
6
1
4
10
5
30
7
5
26
11
Dec.
31
31
27
31
31
31
29
31
29
31
31
31
31
31
31
31
31
31
31
30
31
31
31
31
31
30
31
31
31
31
30
31
31
31
31
31
30
31
31
31
31
31
31
31
NOTES
Act of Feb. 25,1863, provided for reports of condition on the first of each quarter, before commencement
of business.
Act of June 3,1864—First Monday of January, April, July, and October, before commencement of business, on form prescribed by Comptroller (in addition to reports on first Tuesday of each month showing
condition at commencement of business in respect to certain items; i. e., loans, specie, deposits, and circulation).
Act of Mar. 3,1869, not less than 5 reports per year, on form prescribed by Comptroller, at close of business on any past date by him specified.
Act of Dec. 28,1922, minimum number of calls reduced from 5 to 3 per year.
Act of Feb. 25,1927, authorized a vice president or an assistant cashier designated by the board of directors
to verify reports of condition in absence of president and cashier.
Act of June 16,1933, requires each national bank to furnish and publish not less than 3 reports each year
of affiliates other than member banks, as of dates identical with those for which the Comptroller shall
during such year require reports of condition of the bank. The report of each affiliate shall contain such
information as in the judgment of the Comptroller shall be necessary to disclose fully the relations between
the affiliate and the bank and to enable the Comptroller to inform himself as to the effect of such relations
upon the affairs of the bank.
Sec. 21 (a) of the Banking Act of 1933 provided, in part, that after June 16,1934, it would be unlawful for
any private bank not under State supervision to continue the transaction of business unless it submitted
to periodic examination by the Comptroller of the Currency or the Federal Reserve bank of the district,
and made and published periodic reports of condition the same as required of national banks under section
5211, U. S. R. S. Sec. 21 (a) of the Banking Act of 1933, however, was amended by section 303 of the Banking Act of 1935, approved Aug. 23,1935, under the provisions of which private banks are no longer required
to submit to examination by the Comptroller or Federal Reserve bank, nor are they required to make to
the Comptroller and publish periodic reports of condition. (5 calls for reports of condition of private banks
were made by the Comptroller, thefirstone for June 30,1934, and the last one for June 29,1935.)
TABLE NO. 17
ASSETS AND LIABILITIES OF NATIONAL BANKS ON MARCH
14, JUNE 6, OCTOBER 11, AND DECEMBER 31, 1957 BY
STATES AND TERRITORIES
75
REPORT OF THE COMPTROLLER OF THE CURRENCY
77
Assets and liabilities of national banks, by States, at date of each call during year
ended Dec. 31, 1957
ALABAMA
[In thousands of dollars]
Mar. 14,
1957
June 6,
1957
Oct. 11,
1957
Dec. 31,
1957
69 banks
69 banks
69 banks
69 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 hi 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.
507,516
346,828
517,801
330,442
534,260
348,145
535,883
344,848
119,089
25,354
122,379
26,542
121,832
25,840
121,736
24, 909
2,417
131,183
28,351
2,445
133,562
26, 674
2,454
131,049
29,511
2,481
135,722
31,369
155,922
13,334
723
139,909
13,734
876
160, 206
14,285
786
183,816
14,438
780
1,709
97
2,859
1,767
1,795
255
3,077
1,517
1,959
145
3,048
1, 956
1,970
159
3,118
1,330
1,337,129
1,321,008
1,375,476
1,402,559
748,608
708,602
739,017
733,914
262,572
10
17,095
99, 282
81,354
10,815
1,219,736
952,132
267,604
275,399
10
23,987
104, 996
76,896
10,615
1,200,505
919,994
280,511
290,139
10
29,745
96,685
83,635
9,105
',248,386
953, 878
294, 458
10
27, 983
116,055
91,065
15,998
1,278,894
980,183
298,711
2,100
2,000
5,400
2,250
6,624
5,124
1,989
268
6,806
5,279
1,633
145
7,310
6,114
1,371
167
7,192
5,949
2,360
1,235,671
1,216,491
1, 268, 676
1,296,812
31,745
48,877
16,821
4,015
31,895
49,127
19,567
3,928
31,895
49,402
21,132
4,371
32,245
50,055
19,029
4,418
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
101,458
104,517
106,800
105,747
1,337,129
1,321,008
1,375,476
1,402,559
192,621
196,015
211,062
190,379
MEMOEANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
46754S—58
6
78
REPORT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of national banksf by States, at date of each call during year
ended Dec. 81, 1957—Continued
ALASKA
[In thousands of dollars]
Loans and discounts (including overdrafts)
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve
bank
_
Reserve with Federal Reserve bank and 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
Investments and other assets indirectly representing
bank premises or other real estate.
Income earned or accrued but not collected
Other assets
_
Total assets.
Mar. 14,
1957
June 6,
1957
Oct. 11,
1957
Dec. 31,
1957
7 banks
7 banks
7 banks
7 banks
41,985
50,808
46,388
47,786
48,270
50,350
48,276
48,844
5,629
4,444
5,553
4,691
5,548
3,862
5,722
4,222
13
13
13
11,691
7,643
13,428
6,210
15,710
12, 641
5,821
4,861
1,732
185
5,174
1,904
142
6,367
2,057
174
5,543
2,080
178
110
1
160
319
1
149
303
1
304
129,428
131,786
139,689
133,948
55,144
57,651
63,682
57,114
10
23,319
11,637
1,960
1,177
126,048
79,361
46,687
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.
28,043
10
M,005
124,19S
79,633
44,560
30,755
10
22,373
11,642
1,950
1,115
131,527
86,020
45,507
338
176
44
386
212
46
11
442
150
15
430
90
82
123,083
124,837
132,145
126,650
2,253
2,265
1,425
402
2,350
2,314
1,897
2,350
2,313
2,493
388
2,350
2,414
2,085
449
7,544
7,298
129,428
131,786
139,689
133,948
36,829
35,314
35,155
35,884
23,942
12,871
1,455
1,060
122, 525
78,520
10
23,214
12,042
1,512
1,071
CAPITAL ACCOUNTS
Capital stock: Common stock..
Surplus
Undivided profits
Reserves
Total capital accounts
Total liabilities and capital accounts
6,345
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. 81, 1957—Continued
ARIZONA
[In thousands of dollars]
Mar. 14,
1957
June 6,
1957
3 banks
3 banks
Oct. 11,
1957
Dec. 31,
1957
3 banks
ASSETS
Loans and discounts (including overdrafts)
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve
bank
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.-
346,767
130,014
392,427
146, 646
9
32, 947
5,900
415,705
136,921
50,054
8,783
131,613
9
38,172
8,851
1,229
54,133
12,486
1,230
54, 771
11,231
1,294
51,034
12,771
1,296
56, 649
15,539
47,159
12,464
290
47, 667
13,118
301
46,202
14, 004
203
67,523
14,743
112
4,765
363
1,885
1,530
4,765
194
2.884
1,265
5,165
33
2,635
2,054
5,161
137
3,142
1,542
713,324
761//96
671,922
33,461
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.
363,744
352,172
371,184
408, 754
154,070
27
7,508
63,081
15,378
8,620
612,428
483, 165
179,26S
160,354
27
8,734
78,448
15,818
8,165
62S,718
438,208
185,510
175,295
27
15,744
59,107
18,785
7,971
179,782
27
11,600
66,963
18,682
11,640
697,448
495,668
201,780
363
7,723
3,198
1,031
194
8,048
5,139
854
8,804
754
137
8,322
4,059
593
624,743
637,953
662,668
710, 559
15,505
25,675
5,999
15,505
25, 675
6,923
16,275
26,475
7,906
16,275
26,475
648, US
450,887
197,226
4,964
CAPITAL ACCOUNTS
Capital stock: Common stock..
Surplus
Undivided profits
Reserves
Total capital accounts
Total liabilities and capital accounts
47,179
48,103
50,656
51,237
671,922
686,056
713,324
761,796
111,080
126, 753
129,042
133,611
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. 81, 1957—Continued
ARKANSAS
[In thousands of dollars]
Mar. 14,
1957
June 6,
1957
Oct. 11,
1957
Dec. 31,
1957
54 banks
54 banks
55 banks
55 banks
ASSETS
Loans and discounts (including overdrafts)
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures __
Corporate stocks, including stock of Federal Reserve
bank
_
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of
collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing
bank premises or other real estate
. .
_Income earned or accrued but not collected
Other assets
Total assets
191,670
154,047
192, 588
154, 415
202,114
151,933
201,730
157,781
61,481
8,916
61, 396
8,516
60,460
8,161
60,464
11,925
1,049
54, 777
9,937
1,051
54,955
9,195
1,076
58, 603
9,113
1,078
52, 682
11, 202
66,758
6,640
384
61,947
6,792
356
81,095
7,067
460
93,476
6,960
610
30
893
268
30
981
301
46
1,152
395
45
1,058
358
556,850
552, 523
581,675
599,369
320,818
302,852
307,714
326,250
100,047
24
4,946
33,965
44,025
3,104
506, 929
405,800
101,629
102,705
24
7,494
38,206
45, 245
3,268
499,794
895,602
104,192
105,402
24
10,281
46, 570
54, 431
3,932
528,854
421, 286
107,068
107,471
24
8,105
39, 276
60,509
4,985
546,620
487,558
109,067
2,151
1,244
1,450
2,410
1,630
2,248
1,364
2
2,450
1,808
63
510,387
14,905
20,058
10,147
1,353
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
342
505,286
532,613
550, 574
14,955
20,058
10, 959
1,265
15, 505
20,348
11,896
1,313
15,505
20, 550
11, 212
1,528
CAPITAL ACCOUNTS
Capital stock: Common stock. _ »_
Surplus ;
Undivided profits
Reserves
___,.__
Total capital accounts
_
.
Total liabilities and capital accounts
46,463
47, 237
49,062
48,795
556,850
552, 523
581,675
599,369
36,997
45, 761
43,840
39,569
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, 1957—Continued
CALIFORNIA
[In thousands of dollars]
M a r . 14,
1957
June 6,
1957
Oct. 11,
1957
Dec. 31,
1957
48 banks
48 banks
48 banks
48 banks
7, 696, 267
3, 687,220
856
885,324
177,537
7, 727, 769
3, 727, 748
887
925, 764
211,132
3,683; 012
570
1,000,487
211, 857
8,237,158
3,819,058
486
975,132
238,218
40, 859
1, 438,043
133, 550
40,914
1, 443, 728
117,143
51,005
1, 490, 891
103,038
63,158
1, 542, 434
147, 400
954,585
149, 559
2,133
943, 017
154.195
2,764
1,133,029
164, 263
3,097
1,304, 646
162, 625
2,413
27,888
96,487
40, 603
28, 616
28,986
130,451
50, 364
22, 873
29, 479
136, 556
48, 742
36, 450
39, 247
145,913
57, 633
21,653
15,359, 527 15, 527, 735 16, 061, 395
16, 757,174
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
Cunency 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
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
6,330, 522
6,155,110
6, 527,341
6, 613, 505
5, 557,124 5, 678, 867 5,953, 859
6,086,068
202
202
202
202
264,338
151, 364
246,124
172,310
912,027
879,305
1,323, 936
1,036,445
595, 305
628, 718
609,040
255,923
293, 388
233,160
348, 942
IS, 802,467 IS, 945, S62 14, 448, 584 15,265,709
7, U6,1017, S92,890 7,651,684 8,254,162
6, S56, S66 6,552,472 6,796,900 7,011,547
94,882
98,266
124, 566
27
22
13
99, 369
92, 776
124, 866
174, 524
132, 711
97, 521
148, 822
117,566
139, 476
106, 785
118, 473
112,164
148,187
106, 268
83,128
125,565
14, 388,911 14, 540, 270 15,050,061
15, 728,992
135
CAPITAL ACCOUNTS
Capital stock: Common stock
Surplus
Undivided profits
Reserves...
_
Total capital accounts
_
.___.
_
_..
Total liabilities and capital accounts
307, 321
453, 853
202, 938
6,504
308, 736
453,481
218, 824
6,424
309, 801
455,042
239, 770
6,721
970, 616
987, 465
1,011,334
1, 028,182
15, 359, 527 15, 527, 735 16,061,395
16, 757,174
319,408
465, 305
236, 868
6,601
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
_
2,172,017
2,264,509
2,239,244
2,391,511
82
REPORT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of national banks, by States, at date of each call during year
ended Dec. 81, 1957—Continued
COLORADO
[In thousands of dollars]
Mar. 14,
1957
June 6,
1957
Oct. 11,
1957
Dec. 31,
1957
76 banks
76 banks
76 banks
76 banks
ASSETS
Loans and discounts (including overdrafts)
XL S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
__.
Corporate stocks, including stock of Federal Reserve
bank...
Reserve with Federal Reserve bank
Currency and coin,__
Balances with other banks, and cash items in process of
collection. _
_
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing
bank premises or other real estate
Income earned or accrued but not collected
Other assets
_
..
Total assets.
468,316
386,739
467,439
358,163
483,652
383,238
503, 111
367,220
40,992
13,705
42,737
13,408
44, 991
10,082
50,927
12,654
2,009
127,916
14,926
2,010
124,323
14,363
2,061
135,106
14, 814
2,099
119, 248
16, 647
141,936
7,653
134
129,364
8,127
211
156,818
8,265
255
180,047
8,023
464
2,337
3,917
540
2,581
1,700
2,625
1,822
851
2,763
1,942
1,211,044
1,164,966
1, 244,422
1,265,801
630,917
683,451
691,098
255,420
10
19,662
66,909
76,764
11, 540
1,061, 222
784,322
276, 900
261,825
10
26,361
64,419
91,304
9,707
/, 137, 077
852, 707
284,370
268,493
10
26,345
57,068
109, 565
11,791
1,164, S70
873,341
291,029
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
—
254,885
10
17,128
70,890
87, 488
10,969
1, 111, 269
843,233
3,302
4,550
5,535
100
71
3,610
5,625
122
71
3,873
5,471
707
4,476
5,053
1,045
4,590
6,073
1,123, 999
1,075,894
1,153,186
1,175, 817
27, 280
39,031
17, 728
3,006
27,280
39,036
19,326
3,430
28, 530
40,097
19,931
2,678
40,769
18,467
2,168
87,045
89,072
91, 236
89,984
1, 211,044
1,164,966
1,244,422
1,265,801
141,038
151,818
158,741
132,425
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
83
Assets and liabilities of national banks, by States, at date of each call during year
ended Dec. 81, 1957—Continued
CONNECTICUT
[In thousands of dollars]
Mar. 14,
1957
June 6,
1957
Oct. 11,
1957
Dec. 31,
1957
38 banks
38 banks
36 banks
34 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
467,004
309,028
12
121,131
13,563
489, 863
292,423
12
116, 838
14,133
491, 630
12
112,904
13, 850
489, 558
300,183
12
111,274
14,312
2,210
97,712
24,081
2,242
92, 604
25,225
2,219
91,866
24,028
2,219
92,658
34,428
116, 518
13,948
547
113,010
15,089
556
99,387
14,861
100
126,988
14,212
52
330
74
1,464
3,652
58
1,704
2,142
855
55
1,290
3,423
35
1,6
3,9
1,166, 229
1,154, 875
1,192,488
1,171,274
LIABILITIES
Demand deposits of individuals, partnerships, and
corporations
Time deposits of individuals, partnerships, and corporations
_
Postal savings deposits
__
Deposits of U. S. Government
Deposits of States and political subdivisions
._
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for
borrowed money
_Acceptances executed by or for account of reporting
banks and outstanding
_
Income collected but not earned
Expenses accrued and unpaid
Other liabilities
697,790
682, 770
677, 292
722, 400
224, 546
5
22, 700
37, 593
27,828
36,400
1,046,862
819,959
230, 895
5
21,212
46, 845
27,987
38, 554
,048,268
1,0
815,099
240, 865
5
22,939
43, 043
26, 479
31, 391
1,042,014
798,726
224, 891
20, 550
11, 600
6,050
20
74
6,329
4,844
2,144
58
6,991
4,942
1,708
55
7.152
5, 585
1,695
35
7,120
5,623
2,682
1,073, 567
1,062, 551
1,101,327
32, 219
42,160
17,019
1,264
32, 257
41,384
17, 240
1,443
31, 983
41, 669
16, 262
1,247
Total liabilities
32, 679
36, 768
29,062
40, 047
,085,847
858,782
CAPITAL ACCOUNTS
Capital stock: Common stock
Surplus
Undivided profits
_
Reserves
Total capital accounts
__
31, 559
41, 740
.__
_
1,274
_
Total liabilities and capital accounts
90,471
92, 662
92,324
91,161
1,171, 274
1,166, 229
1,154, 875
1,192, 488
116, 251
111, 059
98,135
93, 916
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, 1957—Continued
DELAWARE
[In thousands of dollars]
Mar. 14,
June 6,
1957
1957
Oct. 11,
1957
Dec. 31,
8 banks
7 banks
7 banks
7 banks
1957
ASSETS
Loans and discounts (including overdrafts)
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve
bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of
collection
__.
Bank premises owned, furniture and fixtures
Income earned or accrued but not collected
Other assets
Total assets.
13.508
11,385
12,674
9,790
12, 835
10, 598
12, 704
10, 411
2,316
716
2,242
667
667
2,358
792
100
2,819
762
91
2.901
653
91
3,342
91
3,015
837
1,673
1,741
535
14
1,932
545
3
13
24
2,035
516
1
36
33,859
31, 511
32, 765
32, 796
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.
15,728
14,199
15,317
15,277
13,106
12,147
12, 565
12, 618
165
293
345
314
"""285"
246
259
322
29,614
16,432
13,182
344
27,349
15,128
12,221
378
28,833
16,193
12,640
498
28,898
16,206
12,692
50
2
250
2
29, 667
27, 601
28, 836
875
2,450
804
63
775
2,250
821
64
775
2,250
841
63
2
1
37
CAPITAL ACCOUNTS
Capital stock: Common stockSurplus
Undivided profits
Reserves
_.
Total capital accounts
__
Total liabilities and capital accounts
_.
775
2,275
739
3,8
4,192
3,910
3,929
33,859
31, 511
32, 765
32, 796
1,034
1,184
1,081
1,084
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. 81, 1957—Continued
DISTRICT OF COLUMBIA
[In thousands of dollars]
Loans and discounts (including overdrafts)
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve
bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items hi 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.
Mar. 14,
1957
June 6,
1957
Oct. 11,
1957
Dec. 31,
1957
8 banks
8 banks
8 banks
7 banks
316,485
375,583
301,142
376,959
299,304
396,165
289,214
23, 720
14, 870
23,728
15,397
24, 644
14, 015
24,468
16,099
1,592
127, 239
16, 453
1,592
117, 629
16, 225
1,622
124,092
14, 619
1,625
109,089
20,084
74, 667
14, 508
391
1,252
72, 330
15, 017
392
1,305
756
73, 480
15, 271
392
1,397
768
81, 452
15,315
290
957
495
953,699
941,096
946, 563
955, 253
615,450
588,135
581, 824
600, 716
168, 643
925
22, 344
103
59,108
16, 709
182, 875
835
27, 752
75
57, 111
12, 462
862,934
670,274
192, 660
183, 742
835
24, 852
102
55,012
16, 537
881, 796
704, U9
178, 833
173, 882
925
28,306
64
59, 900
17,091
868,303
684, 552
183, 751
1,089
3,778
1,409
1,070
4,242
1,773
10, 350
1,058
4,060
1,934
1,092
4,900
1,960
889, 558
875,388
880,336
889, 748
19, 650
33,400
19, 650
33,400
10, 428
2,230
19, 650
34, 400
9,889
2,288
19, 750
34,400
9,245
2,110
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
2,222
_
64,141
Total liabilities and capital accounts.
65, 708
i6, 227
65, 505
941,096
946, 563
955,253
68, 810
70,254
56, 590
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
57,958
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, 1957—Continued
FLORIDA
[In thousands of dollars]
Mar. 14,
1957
June 6,
1957
Oct. 11,
1957
Dec. 31,
1957
97 banks
98 banks
98 banks
98 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 Eeserve
bank
_
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of
collection.
_
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
_.
Investments and other assets indirectly representing
bank premises or other real estate
Customers' liability on acceptances outstanding
Income earned or accrued but not collected
Other assets
Total assets
887,300
836,770
18
163,449
31,908
887,123
858,142
41
168,746
27,403
916,775
829,504
24
166,986
29,634
980,067
829,204
37
172,404
35,496
4,168
237,619
44,384
4,224
234,460
37,259
4,397
231,459
35,766
4,433
201,008
-54,475
440,957
35,405
1,146
371,673
36,448
1,452
370,800
38,012
1,798
530,082
37,213
1,972
5,251
34
6,290
3,628
5,586
147
6,711
2,977
6,315
62
5,711
2,637
6,775
54
6,689
2,719
2,698,327
2,642,392
2,639,880
2,862,628
1,464,794
1,414,806
1,389,767
1,425,037
431,554
66
261,321
273,105
26,852
2,485,889
1,977,158
608,281
461,545
66
37,043
244,223
245,450
22,154
2,425,287
1,873,672
651,615
506,118
66
39,759
215,632
247, 720
18,983
2,418,045
1,852,007
519,949
66
41,163
289,821
344,795
25,606
2,646,487
2,066,798
13,797
9,600
5,300
33
33
32
125
15,418
8,432
795
159
16,079
11,504
1,028
62
18,316
12, 207
817
32
58
18,689
10,152
1,717
2,523,989
2,463,690
2,454,779
2,677,585
200
65,360
65,560
73,819
23,157
11,802
200
66,410
66,610
75,166
24,827
12,099
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...
_
27.697
679,689
500
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
67,508
67,708
76,874
28,557
11,962
200
68,275
68,476
78,057
26,294
12,217
174,338
178,702
185,101
185,043
2,698,327
2,642,392
2,639,880
2,862,628
566,931
571,583
577,734
613,620
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
REPORT
OF T H E
COMPTROLLER
OF T H E
CURRENCY
87
Assets and liabilities of national banks, by States, at date of each call during year
ended Dec. 31, 1957—Continued
GEORGIA
[In thousands of dollars]
Loans and discounts (including overdrafts)
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures--Corporate stocks, including stock of Federal Reserve
bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of
collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Customers' liability on acceptances outstanding
Income earned or accrued but not collected
Other assets
Mar. 14,
1957
June 6,
1957
Oct. 11,
1957
Dec. 31,
1957
52 banks
51 banks
52 banks
52 banks
655,591
297,210
286,463
669,926
655,522
315,235
76,456
18,283
79,293
19,162
83,799
17,053
79,910
19,388
2,562
149,441
18, 526
2,571
159, 773
17,314
2,602
159, 515
15,049
2,602
142,266
20,064
176,455
20,049
1,503
10
1,990
1,781
149,935
20,071
1,518
178,046
20, 586
1,676
234, 559
20,404
1,288
2,321
1,971
2,133
2,683
1,958
2,353
1,453,916
1,495,549
1,419,857
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, a n d other liabilities for
borrowed money
Mortgages or other liens on b a n k premises a n d other
real estate
Acceptances executed b y or for account of reporting
b a n k s a n d outstanding
Income collected b u t n o t earned
Expenses accrued a n d u n p a i d
Other liabilities
Total liabilities.
744, 983
717, 786
754,001
758,126
212, 740
761
20,358
108,040
169,150
8,838
1,264,870
1,043,914
220,956
221, 082
761
28, 576
112,150
150,273
6,609
1,237,237
1,006,298
230,939
232,151
761
27,648
117,496
174,943
7,031
1,314,031
1,075,227
233,764
761
33, 703
108,355
205,968
20,144
1,360,821
1,120,274
240,547
26,895
29, 545
5,000
10
14,087
4,630
1,456
14,625
5,292
529
15, 766
6,748
710
15,140
6,661
1,669
1,311, 960
1,287,236
1,342,263
1,384,299
29,907
55,102
13,323
9,565
31,207
53,802
15,479
9,264
31, 557
54,234
16,267
9,595
31,557
54,422
14,246
11,025
107,897
109, 752
12
CAPITAL ACCOUNTS
Capital stock: Common stockSurplus
Undivided profits
Reserves
Total capital accounts
Total liabilities and capital accounts
1,419,857
111, 653
111,250
1,453,916
1,495, 549
216,346
223,119
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
208,879
211,914
88
REPORT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of national banks, by States, at date of each call during year
ended Dec. 81, 1957—Continued
THE TERRITORY OF HAWAII
[In thousands of dollars]
Loans and discounts (including overdrafts)
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
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
Customers' liability on acceptances outstanding
Income earned or accrued but not collected
Other assets
Total assets .
Mar. 14,
June 6,
Oct. 11,
1957
1957
1957
Dec. 31,
1957
I bank
lbank
1 bank
lbank
97,465
49, 756
102,047
45, 786
101, 710
62,852
107,050
57,522
11,550
2,274
17,450
12, 835
11, 609
2,274
21,063
10,167
11, 744
2,274
17, 502
10, 735
12,116
4,474
23, 360
11,061
3,235
11
714
339
9,168
3,623
11
636
362
10, 676
3,097
10
872
1,362
21, 614
3,104
37
875
1,525
205,027
206, 746
222,834
242, 738
77,054
72,323
78, 638
90,422
73,364
10
13,659
18,369
3,294
1,611
187,861
107, 885
79,976
73, 661
10
13,083
24, 714
3,074
1,775
188, 640
108,928
79, 717
76, 207
10
16, 466
26,230
5,492
1,850
£04,893
115,883
89,510
76, 559
10
16, 475
33,395
6,327
1,725
224,918
184,785
90,178
11
335
1,253
359
11
356
1,584
176
10
411
1,171
188
37
519
787
222
189,319
190,767
206, 673
226, 478
4,000
7,000
2,533
2,175
4,000
7,000
2,803
2,176
4,000
7,000
2,985
2,176
4,000
7,000
3,084
2,176
LIABILITIES
Demand deposits of individuals, partnerships, and
corporations
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for
borrowed money
Acceptances executed by or for account of reporting
banks and outstanding
Income collected but not earned
Expenses accrued and unpaid
Other liabilities
Total liabilities.
CAPITAL ACCOUNTS
Capital stock: Common stock..
Surplus
Undivided profits.
Reserves
Total capital accounts
Total liabilities and capital accounts.
15,708
15,979
16,161
16,260
205,027
206,746
222,834
242,738
55,184
50, 256
62,135
66,412
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
REPORT OF THE COMPTROLLER OF THE CURRENCY
89
and liabilities of national banks, by States, at date of each call during year
ended Dec. SI, 1957—Continued
IDAHO
[In thousands of dollars]
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
Mar. 14,
1957
June 6,
1957
Oct. 11,
1957
Dec. 31,
1957
10 banks
9 banks
9 banks
9 banks
186,252
157,303
180
14,716
2,665
191,199
145,613
180
13,917
3,031
189, 397
163,119
184,258
168,711
19,381
21,898
1,593
660
36, 502
6,189
637
34, 436
5,219
640
38, 960
5,788
670
39, 885
5,695
20, 350
6,300
55
22, 567
6,144
62
24,108
6,168
61
34,802
6,203
54
19
127
270
19
32
350
24
250
39
79
251
431, 588
423,406
448,804
464,138
208,839
199,708
224,496
218,139
137,926
11
3,652
46, 767
3,388
3,002
408,585
264, 416
189,169
138,289
11
11,900
41,011
1,684
2,346
894,949
255,478
139, 471
146,531
11
7,437
35,974
2,034
2,773
419,256
$71,498
147,758
152,732
11
6,177
53,120
1,870
3,104
485,158
281, 409
158,744
1,333
1,219
14
1,339
2,082
18
1,568
2,194
216
1,536
2,178
31
406,151
398,388
423, 234
438,898
11,075
11,036
3,279
47
10, 825
10, 511
3,456
226
10, 984
10, 611
3,763
212
11,325
11,079
2,737
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
25, 437
25,018
25, 570
25,240
431,588
423,406
448, 804
464,138
110,688
107,961
97,689
97,875
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, 1957—Continued
ILLINOIS
[In thousands of dollars]
Mar. 14,
1957
June 6,
1957
Oct. 11,
1957
Dec. 31,
1957
394 banks
394 banks
393 banks
394 banks
4,536,455
3,870,457
83
727,007
200,348
4,728,636
3,549,486
83
725,749
201,610
4,820,578
3,632,091
83
711,018
205,872
4,780,804
3,727,756
83
715,268
244,216
21,403
1,242, 479
106,364
21,468
1,355,070
103,706
21,697
1,401,148
94,600
22,045
1,336,153
123,471
1,037,741
41,621
1,305
973,310
42,196
1,471
1,091,879
43,554
1,789
1,264,031
44,894
2,026
2,756
4,952
30,212
11,874
3,061
4,721
11,987
3,167
6,613
30,494
19,974
2,780
6,635
28,481
18,751
11,835,057
11,756,485
12,084,557
12,317,394
5,795,502
5,888,133
6,244,354
2,633, 477 2,660,786
1,118
1,058
148, 935
244,890
835,112
739,978
1,132,067
1,217, 837
107, 482
97,768
10,658,693 10,850,450
7,859,111
8,030,368
2,723,873
1,058
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 IJ. 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
6,064,545
2, 598, 654
1,118
134,207
599, 779
1,093,069
102,272
10,593,644
7,840,642
249, 750
659,325
1,282,304
104,418
11,265, 082
8,872,278
2,753,002
2,794,582
2,820,082
264,450
97,500
188, 750
85
7,126
35,513
46.820
20,559
184
4,945
36,314
55,598
23,463
262
7,303
39, 569
57,800
35,240
7,627
38,199
56,246
33,610
10,968,197
10,871,697
11,179,374
11,402,901
1,500
804,189
401,775
110,507
50,389
1,500
303,534
805,034
402,517
126, 450
50,787
1,500
305,293
806,793
409,700
137,530
51,160
1,500
306,518
508,018
419,772
134, 665
52,038
884,788
905,183
914,493
11,835,057
11,756,485
12,084,557
12,317,394
1,175,659
1.181,666
1,242,647
1,128,509
281
CAPITAL ACCOUNTS
Capital stock:
Preferred stock
Common stock
,
Total capital stock..
_
_
Surplus
Undivided profits
Reserves and retirement account for preferred stock—
Total capital accounts
Total liabilities and capital accounts
MEMOEANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
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, 1957—Continued
INDIANA
[In thousands of dollars]
Mar. 14,
1957
June 6,
1957
Oct. 11,
1957
Dec. 31.
1957
123 banks
124 banks
124 banks
124 banks
902,320
967,304
10
138,292
945,954
925,963
10
143, 658
30,095
975, 629
907,840
10
142, 277
30, 285
1,000,248
929, 945
15
135,353
34,998
4,016
262, 689
50,182
4,203
258,306
48,023
4,289
256, 783
46,011
4,355
254, 282
57,249
242, 797
25, 443
218,021
26,468
300
267, 734
27,072
365
313,410
26,966
413
33
60
4,535
2,730
33
100
4,888
3,096
34
235
4,900
3,040
45
27
4,723
3,100
2,630,429
2,609,118
2, 666, 504
2,765,129
1,333,496
1, 259, 946
1,340,920
1,403,009
668,795
1,911
230,146
113,284
34,374
2,414,444
1,739, 598
674,846
675,405
1,911
37,818
274,677
109,914
34, 796
2,394,467
1,713,020
681, 447
690,453
1,751
47, 566
198,302
128,650
30,482
2,438,124
1,712,884
725,240
688,662
1,751
51,384
228, 600
129, 565
37, 545
2,540,516
1,816,416
724,100
12, 650
2,225
5,950
60
13,183
6,157
1,532
100
14, 228
7,426
857
235
15, 623
9,204
758
27
14,824
10,178
2,476
2,448,026
2,419,303
2,469, 894
2, 568,021
25
49,988
50,013
83,910
40, 674
7,806
25
51,443
51,468
88,610
42,382
7,355
25
53,053
53,078
89,911
45, 799
7,822
25
53, 513
53,538
92, 261
42, 734
8,575
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 17. S. Government
__
Deposits of States and political subdivisions—
Deposits of banks
_
_
_
Other deposits (certified and cashiers' checks, etc.)
Total deposits
.__
Demand deposits
_
Time deposits.
_
Bills payable, rediscounts, and other liabilities for
borrowed money
Acceptances executed by or for account of reporting
banks and outstanding
Income collected but not earned..
Expenses accrued and unpaid
Other liabilities
Total liabilities-__
_.
CAPITAL ACCOUNTS
Capital stock:
Preferred stock
_._
Common stock
Total capital stock- _
Surplus
_
Undivided profits...
Reserves and retirement account for preferred stock
Total capital accounts
Total liabilities and capital accounts
182,403
189,815
196,610
197,108
2,630,429
2,609,118
2,666,504
2, 765,129
196,314
205,542
195,504
185,010
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
_
92
REPORT OF THE COMPTROLLER OF THE
CURRENCY
Assets and liabilities of national banks, by States, at date of each call during year
ended Dec. 31, 1957— Continued
IOWA
[In thousands of dollars]
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
_
Customers' liability on acceptances outstanding
Income earned or accrued but not collected
Other assets
Total assets.
Mar. 14,
1957
June 6,
1957
Oct. 11,
1957
Dec. 31,
1957
96 banks
96 banks
96 banks
96 banks
331,500
274,951
338,725
283,931
343,945
304,907
366,194
288,946
76, 645
11,924
78,351
12,877
81,941
11, 724
80,253
17,226
1,428
79, 407
13,957
1,439
92, 344
12, 341
1,448
87,435
13,044
1,472
83,345
14, 799
116,289
6,147
107
112, 730
6,223
252
129, 619
6,298
356
138,932
6,323
367
1,357
51
1,582
653
1,431
71
1,647
504
1,357
52
1,881
561
1,357
34
1,746
526
915,998
942,866
453,007
435,981
464, 220
487, 725
193, 268
53
13,018
73, 725
97, 636
11,440
842, U7
646,9S1
195,216
199,305
53
14, 897
101, 443
107, 240
5,668
864,587
66S, 289
201,298
206,823
53
21,194
92, 259
115, 576
4,976
905,101
207,846
53
21,314
72, 636
126,417
8,064
924,055
714,580
209,475
530
2,050
1,500
100
55
78
78
51
1,870
1,316
182
71
2,032
1,740
185
52
2,234
2,118
160
34
2,253
1,757
259
846,096
870,720
911,243
928,536
18,608
18,608
29, 273
29,340
18,608
29, 697
22, 533
2,487
18,608
30,802
20,875
1,001, 520
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.
CAPITAL ACCOUNTS
Capital stock: Common stock..
Surplus
_
Undivided profits
Reserves
Total capital accounts
Total liabilities and capital accounts.
19,997
2,024
21, 767
2,431
69,902
72,146
73,325
72,984
915,998
942,866
984, 568
1,001,520
63,900
65,637
70,360
MEMORANDUM
Assets pledge 1 or assigned to secure liabilities and for
other purposes
93
REPORT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of national bankj, by States, at date cf each call during year
ended Dec. SI, 1957—Continued
KANSAS
[In thousands of dollars]
Mar. 14,
June 6,
1957
1957
170 banks 170 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
-Total assets.
Oct. 11,
1957
Dec. 31,
1957
169 banks 169 banks
371,754
380,972
53
108,002
26,189
350,379
387,049
53
110,335
31,437
370, 528
53
111,231
29, 669
407,181
386,143
53
111, 132
31,666
1,899
124,402
15, 766
1,947
128,124
14,046
2,002
126, 633
14,230
2,019
122,569
17,023
119,598
9,406
194
117,243
10,280
198
132, 708
10,924
711
154,221
11,646
177
1,595
841
563
1,822
782
1,160,848
1,153,470
1,199,804
612,744
611, 014
664, 575
650,938
154,107
39
15,971
194,344
78,364
8,650
1,064,219
906,557
157,662
160,950
39
22, 790
168,398
80,336
6,520
1,050,047
170,128
39
30, 998
137,889
81,606
6,543
1,091,778
896,836
194,942
171,746
39
25,426
194,935
90, 697
10,125
1,14S, 906
946,220
197,686
2,770
6,050
6,045
994
14
2,961
2,929
457
14
3,124
3,320
246
12
3,507
3,910
231
12
3,485
3,190
1,073,350
1, 062,801
1,105, 483
1,152,026
23,927
39,431
22,216
1,924
24,227
40,612
24, 018
1,812
25,327
41,353
25, 746
1,895
26,352
42,643
23,825
1,866
195
1,246, 712
LIABILITIES
Demand deposits of individuals, partnerships, and
corporations
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for
borrowed money
Mortgages or other liens on bank premises and other
real estate
._.
Income collected but not earned
Expenses accrued and unpaid
Other liabilities
Total liabilities.
CAPITAL ACCOUNTS
Capital stock: C o m m o n stock..
Surplus
U n d i v i d e d profits
Reserves
Total capital accounts
Total liabilities and capital accounts .
87,498
90, 669
94,321
94,686
1,160,848
1,153,470
1,199,804
1,246, 712
268,918
277,963
276,628
264,743
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
467548—58
94
REPORT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of national bankst by States, at date of each call during year
ended Dec. 31, 1957—Continued
KENTUCKY
[In thousands of dollars]
Mar. 14,
1957
June 6,
1957
89 banks
Loans and discounts (including overdrafts)
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions.__
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve
bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of
collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing
bank premises or other real estate
Customers' liability on acceptances outstanding
Income earned or accrued but not collected
Other assets
Total assets
Oct. 11,
1957
Dec. 31,
1957
88 banks
88 banks
291,572
283,746
4
40,774
17,963
301,658
277,616
11
42, 701
17,023
312,131
266,437
11
43, 604
17, 400
315,897
278,243
11
44,443
18, 784
1,628
83,801
17,130
1,633
84,611
16, 050
1,641
87,791
15,036
1,649
85,568
20,163
80, 495
7,334
207
73,225
7,453
161
85, 993
7,522
134
122,883
7,437
145
185
30
1,165
470
182
42
1,534
182
37
1,403
792
182
35
1,287
708
826, 504
824, 587
840,114
897,435
505, 586
491,069
498, 720
540,474
146, 521
15
9,161
47, 462
35, 571
4,923
749,239
589, 641
159,698
148,939
15
12,374
46,227
39, 488
5,837
743,949
581,865
162,084
154,290
15
17,428
50,440
34,375
5,656
154,849
15
18,652
45,076
55,764
4,653
819,483
652,550
166,933
LIABILITIES
Demand deposits of individuals, partnerships, and
corporationss
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
594,270
166, 654
3,400
4,250
1,050
30
3,024
1,627
477
42
3,282
2,058
460
37
3,520
2,598
541
35
3,397
2,654
846
757,797
754,041
768,670
826,415
21, 525
32,718
12,903
1,561
21, 525
32,843
14,462
1,716
21,425
33,202
15, 011
1,806
21,425
33,664
14,074
1,857
CAPITAL ACCOUNTS
Capital stock: Common stock
Surplus
Undivided profits
Reserves
Total capital accounts
Total liabilities and capital accounts
68, 707
70, 546
71,444
71,020
826, 504
824, 587
840,114
897,435
74,306
79,087
81,169
78,690
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
REPORT OF THE COMPTROLLER OF THE CURRENCY
95
Assets and liabilities of national banks, by States, at date of each call during year
ended Dec. 31, 1957—Continued
LOUISIANA
[In thousands of dollars]
Mar. 14,
Loans and discounts (including overdrafts)
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve
bank
1
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of
collection
Bank premises owned, furniture and fixtures
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 .
1957
June 6,
1957
Oct. 11,
1957
Dec. 31,
1957
41 banks
41 banks
41 banks
41 banks
649,041
597,831
652,837
583,064
674,309
570,389
698, 518
557,009
114,582
23, 722
120, 613
26,895
119,921
27,469
121,569
30,567
3,063
199, 828
25,582
3,137
201,148
23,075
3,189
200,188
22,160
3,302
189,264
28,706
231,969
16, 776
800
213,374
16,837
223, 588
17,082
299,359
17,565
691
1,200
3,529
4,675
1,852
1,200
1,168
5,448
1,692
2,721
1,713
4,963
1,929
3,079
2,486
5,864
1,579
1,874,450
1,851,308
1,870,310
1,959,558
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
948,837
904, 585
925, 273
970,543
272, 768
51
15,104
254, 711
212,110
15, 508
1,719,089
1,434,933
284,156
284,311
51
24,875
268, 270
190,547
22,249
1,694,888
1,404,287
290,601
300,858
51
29,017
231,090
191,332
13,093
,690,714
,384,209
306,505
306,868
51
27,856
244, 718
239,278
20, 282
19,000
15,000
34,500
3,973
4,004
7,152
470
1,546
4,225
9,764
268
1,874
4,439
8,810
239
3,302
4,323
10,327
1,659
1,753, 688
1,725,691
1,740, 576
1,829,207
32,238
67,038
21,151
335
32,938
68,663
23, 645
371
33,338
70,041
25,977
378
35,388
71,172
23,120
671
312,243
CAPITAL ACCOUNTS
Capital stock: Common stock
Surplus
Undivided profits
Reserves
Total capital accounts
Total liabilities and capital accounts
120, 762
125,617
129, 734
130,351
1,874,450
1,851,308
1,870,310
1,959,558
440,088
427,970
416,473
368.977
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 Statest at date of each call during year
ended Dec. 31, 1957— Continued
MAINE
[In thousands of dollars]
Mar. 14,
1957
J u n e 6,
1957
Oct. 11,
1957
Dec. 31,
1957
30 banks
30 banks
30 banks
30 banks
ASSETS
Loans and discounts (including overdrafts)
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve
bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of
collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing
bank premises or other real estate
Income earned or accrued but not collected
Other assets
.._
Total assets
142,086
75,609
9
12,980
8,731
147,431
74,800
9
15,056
9,161
150,450
79,582
9
16,346
8,163
662
25,127
6,905
681
25,814
6,481
26,843
6,354
689
25,223
8,127
22,135
4,334
164
19, 616
4,482
151
25,803
4,825
137
30,359
4,988
178
307
432
312
292
510
449
293
515
451
284
533
299, 793
304,933
320,460
318,459
136, 587
139,694
149,425
147,819
98,858
7
4,778
12,137
7,996
3,863
264,226
164,870
101, 040
7
5,878
10, 442
8,235
3,712
269,008
166,740
102,268
104,964
7
176,748
106,225
104,397
7
6,022
14, 542
6,828
4,718
284, 333
178,511
105,822
2,600
2,051
968
195
2,350
2,197
950
104
3,000
2,341
1,222
128
2,235
1,084
321
270,040
274,609
289,664
287,973
10,725
11,967
6,630
1,002
10, 725
12, 230
6,878
10, 725
12,273
6,416
1,072
148,825
77,010
9
13, 778
8,087
LIABILITIES
Demand deposits of individuals, partnerships, and
corporations—
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
__
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for
borrowed money
Income collected b u t not earned
Expenses accrued and unpaid
Other liabilities
Total liabilities
5,679
13, 304
6,629
2,965
CAPITAL ACCOUNTS
Capital stock: Common stock
Surplus
Undivided profits
Reserves
Total capital accounts
Total liabilities and capital accounts
10, 700
11,962
6,081
1,010
29, 753
30,324
30, 796
30,486
299,793
304,933
320, 460
318,459
23,975
24,680
22, 706
22,013
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
_
REPORT OF THE COMPTROLLER OF THE CURRENCY
97
Assets and liabilities of national banks, by States, at date of each call during year
ended Dec. 31, 1957—Continued
MARYLAND
[In thousands of dollars]
Loans and discounts (including overdrafts)
U. S. Government securities, direct obligations
Obligations guaranteed b y U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve
bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of
collection
Bank premises owned, furniture and fixtures
Real estate owned other t h a n bank premises
Investments and other assets indirectly representing
bank premises or other real estate
Customers' liability on acceptances outstanding
Income earned or accrued b u t not collected
Other assets
Total assets.
Mar. 14,
1957
June 6,
1957
Oct. 11,
1957
Dec. 31,
1957
56 banks
56 banks
56 banks
56 banks
340,207
331,168
342, 690
328,992
356,226
338,027
363,424
329,338
72, 891
12, 978
73,652
12, 814
72, 755
16, 616
72,202
20, 693
1,766
116,158
17, 807
1,803
118, 822
17,441
1,807
113, 508
14, 811
1,811
106,070
20,699
111, 467
9,691
174
115,077
9,986
240
109, 969
11,188
382
123,108
11,274
241
313
72
2,290
2,663
334
159
2,679
2,366
355
127
1,185
2,087
357
116
1,621
1,199
1,019,645
1,027,055
1,039,043
1,052,153
LIABILITIES
Demand deposits of individuals, partnerships, and
corporations
Time deposits of individuals, partnerships, and corporations,
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for
borrowed money
Acceptances executed by or for account of reporting
banks and outstanding
Income collected but not earned
Expenses accrued and unpaid
Other liabilities
Total liabilities .
532,889
526,179
538,320
552,036
209,314
212,259
220, 002
220,357
22,435
96,244
63,099
4,915
24, 668
104,387
67,138
928, 896
707,743
221,158
714,549
32, 719
95, 625
63,338
3,952
958,956
726,418
227,588
39,024
82,805
67, 643
4,601
966,466
787, 756
228,710
10,550
4,250
72
2,671
2,547
811
159
2,870
2,456
671
127
2,933
1,967
1,290
116
3,382
2,822
1,233
945,547
949,897
960,273
974,019
17,125
41, 736
11,043
4,194
17,425
42, 686
12,489
4,558
17,425
42,950
13,114
5,281
17,440
43,285
12, 471
4,938
CAPITAL ACCOUNTS
Capital stock: Common stockSurplus
Undivided profits
Reserves
Total capital accounts
Total liabilities and capital accounts.
74,098
77,158
78,770
78,134
1,019,645
1,027,055
1,039,043
1,052,153
174,667
173,629
173,783
155,886
MEMOKANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
98
REPORT OF THE COMPTROLLER OF THE
CURRENCY
Assets and liabilities of national banks, by States, at date of each call during year
ended Dec. 31, 1957—Continued
MASSACHUSETTS
[In thousands of dollars]
Mar. 14,
1957
June 6,
1957
Oct. 11,
1957
Dec. 31,
1957
110 banks
110 banks
110 banks
109 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, 772,222
708,020
617
172,288
33,261
1, 857, 004
747,911
612
182, 903
32, 527
1, 781, 559
815, 727
612
160,376
37,830
10,151
384,070
44, 601
8,377
408,137
44, 243
8,428
433, 516
36, 752
9,687
412,279
60, 770
318,953
34,836
474
270,454
35,301
309, 428
35,636
407,339
35,870
354
210
31,355
8,997
6,290
357
30,775
10,363
8,321
356
33,137
8,246
5,551
387
35,479
9,256
4,825
3, 538, 798
3, 503,229
3, 692,376
3,772,350
2, 068, 707
2,000,028
2,072,962
2,143,887
461,971
1,273
85,840
178, 634
369, 927
50,174
3,220,781
2,729,971
490,810
449, 727
1,273
91,290
219, 723
366,258
60, 256
3,332,414
2,860,511
471, 903
300
36,556
19,316
23,438
14,931
1, 764, 542
746,472
1,722
150,145
35,980
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. __
442,721
447,185
1,402
1,402
55, 718
85,630
130,166
142, 995
330,809
327,126
55, 685
55, 625
3,081,465 3,063,734
2, 606,953 2,587,624
476,110
474,512
29, 250
15, 640
33, 775
33,821
17,690
22,246
19, 671
32,144
18,269
20, 456
14,615
35, 524
20,127
23,320
14,431
3,204,143
3,164,858
3,347, 958
3,426,955
83,209
179,354
55, 588
16, 504
83, 209
179,354
59,812
15,996
83,844
180, 526
64,438
15,610
84,396
190,877
53,805
16,317
CAPITAL ACCOUNTS
Capital stock: Common stock
Surplus
Undivided profits
Reserves
Total capital accounts
_
_
_
Total liabilities and capital accounts
334, 655
338,371
344,418
345,395
3, 538, 798
3,503,229
3,692,376
3, 772,350
268,352
264,225
230,677
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
212,190
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, 1957—Continued
MICHIGAN
[In thousands of dollars]
Loans and discounts (including overdrafts)
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve
bank
Reserve with Federal Reserve bank
Currency and coin_
Balances with other banks, and cash items in process of
collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing
bank premises or other real estate
Customers' liability on acceptances outstanding
Income earned or accrued but not collected
Other assets
Total assets
Mar. 14,
1957
June 6,
1957
Oct. 11,
1957
Dec. 31,
1957
75 banks
75 banks
75 banks
75 banks
1, 664,670
1,349,255
30
286,296
26,832
1, 675, 327
1, 343,029
23
295, 573
26, 497
1, 701,557
1, 362, 344
15
299, 600
20,913
1, 698,108
1,395, 884
15
303,300
16,354
8,593
395,142
66,720
8,499
385, 250
62,003
7,063
414, 321
54,362
7,075
389,333
82, 633
352, 677
34, 897
1,043
279, 819
34, 536
1,098
340, 280
35,096
1,188
374, 875
36, 393
971
4,967
68
13,961
4,554
5,182
108
12, 791
4,217
6,202
133
14, 862
4,836
6,454
200
10, 982
4,209
4,209, 705
4,133, 952
4, 262, 772
4. 326, 786
LIABILITIES
Demand deposits of individuals, partnerships, and
corporations __
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for
borrowed money
Mortgages or other liens on bank premises and other
real estate
Acceptances executed by or for account of reporting
banks and outstanding
Income collected but not earned
Expenses accrued and unpaid
Other liabilities
.
Total liabilities
1, 989, 098
1, 900, 340
1, 973, 350
2,083,122
1, 280, 681
35
78, 219
279, 600
166,157
31, 606
3, 825, 396
2,464, 393
1,361,003
1,301, 478
35
62, 812
251, 721
163, 587
33. 626
3, 713, 599
2,33^ 451
1,879,148
1, 314, 726
35
80, 677
240, 914
168,113
29,161
3, 806, 976
2, 421,285
1, 385, 691
1, 313, 499
35
142,194
220, 668
175, 419
35, 847
3, 970, 784
2, 597.336
1,878,448
52, 500
79, 575
96, 596
82
57
60
37
68
32, 904
24,167
2,088
108
34, 478
26, 616
3,046
133
38,153
29, 691
1,374
200
37, 694
26, 440
2,201
3, 937,205
3, 857,479
3,972, 983
4,037, 356
1,000
72,352
78,852
147,181
46, 770
1,000
72,352
78,852
147,231
50,808
5,082
1,000
74,853
75,858
150, 683
58,355
1,000
75,053
76,053
150, 776
57, 539
5,062
CAPITAL ACCOUNTS
Capital stock:
Preferred stock
Common stock
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock...
Total capital accounts
_
Total liabilities and capital accounts._
5,197
272, 500
276, 473
289, 789
289, 430
4,209, 705
4,133,952
4, 262, 772
4, 326, 786
390,567
449,925
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
___
415,376
387, 518
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. 31, 1957—Continued
MINNESOTA
[In thousands of dollars]
Mar. 14,
1957
June 6,
1957
Oct. 11,
1957
Dec. 31,
1957
179 banks
179 banks
178 banks
178 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
Cuirency 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
1,136,898
627,588
5
168,480
51,864
1,174, 256
613,540
1,207,214
670,004
1,164, 666
648,242
170,338
55,552
168, 988
55,072
171,954
63,364
4,516
256,115
25,503
4,523
273, 584
24,730
4,531
296, 013
23,866
4,557
267,307
27,458
298, 651
18,179
1,173
294,766
19, 214
1,364
329, 590
20, 904
1,351
407,259
21,362
997
5,859
1,066
6,539
2,130
6,314
504
7,621
2,730
6,595
738
7,677
1,489
602
7,222
1,734
2, 604,566
2, 649,036
2,794,032
2,793,592
1,152,390
1,134, 669
1, 201, 621
1,243, 628
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..
635,552
149, 771
307, 444
20,022
2,295,281
1,646,206
649,373
671,423
68
68
68,104
71, 670
159, 515
138, 680
334, 873
382, 843
19, 653
19. 225
2, S69, 821 2,481,964
1,706,081 1,799, 761
66S, 740
682, 20S
681, 828
68
56,937
165, 022
376, 575
22, 528
2,546, 586
1, 85S, 064
693,522
76, 210
40,025
66,900
40
246
246
221
221
1,066
17, 571
14.224
3,374
504
18, 268
16,005
3,801
738
20,392
15, 566
3,984
602
20. 739
16,067
3,656
2, 407,922
2, 448, 670
2,589, 765
2, 587,911
62, 959
88,091
43,214
10,003
43, 788
9,915
CAPITAL ACCOUNTS
Capital stock: Common stock
Surplus. __
Undivided profits
_
Reserves
Total capital accounts.
Total liabilities and capital accounts.
62,521
87,922
35,950
10,251
62,971
87,746
39,301
10,348
196,644
200,366
204,267
205, 681
2,604, 566
2,649,036
2,794,032
2, 793, 592
413,193
426, 684
485,908
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
396,432
REPORT OF THE COMPTROLLER OF THE CURRENCY
101
Assets and liabilities of national banks, by States, at date of each call during year
ended Dec. 81, 1957—Continued
MISSISSIPPI
[In thousands of dollars]
Mar. 14,
1957
June 6,
1957
Oct. 11,
1957
Dec. 31,
1957
27 banks
27 banks
27 b a n k s
27 b a n k s
ASSETS
Loans and discounts (including overdrafts)
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve
bank
_
_.
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of
collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing
bank premises or other real estate
Income earned or accrued but not collected
„ __.
Other assets
Total assets.
106,659
83,423
111, 041
82,835
113, 960
82,266
117,106
79,420
36,129
2,285
35,893
2,555
2,643
37,143
2,967
25,487
7,167
657
28,404
6,746
659
27,083
6,462
661
27,397
8,083
37,353
3,919
206
34, 650
3,994
202
39,119
4,588
178
51,267
4,541
157
500
415
525
444
741
500
490
331
500
419
203
304,847
308,687
314, 767
329,864
151,571
151,326
154,192
160,997
58,840
60,660
64,275
65,435
5,951
41, 594
22,170
676
280,802
219, 776
61,026
8,925
41, 889
19, 568
711
283,079
220,233
62, 8A6
10,079
36,044
22,868
657
288,116
221, 763
66,362
7,308
39, 348
30,330
1,479
30k, 897
237,376
67,621
1,004
586
193
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.
822
589
14
300
870
872
12
400
968
1,173
3
282,227
285,133
290, 659
6,530
15,194
703
193
6,630
15,326
1,402
196
6,630
15, 437
1,882
159
CAPITAL ACCOUNTS
Capital stock: Common stockSurplus
Undivided profits
Reserves
Total capital accounts—
Total liabilities and capital accounts
.—
6,630
16,139
246
169
22, 620
23, 554
24,108
23,184
304,847
308, 687
314, 767
329,864
62,785
65,730
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
61,218
102
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, 1957—Continued
MISSOURI
[In thousands of dollars]
Mar. 14,
1957
June 6,
1957
Oct. 11,
1957
Dec. 31,
1957
76 banks
76 banks
76 banks
76 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
893,850
571,277
469
95,523
29,612
878,793
561,081
482
102,926
28,844
919,449
555,954
35
100,796
30,162
915,770
602,477
35
105,818
32,149
4,590
249,797
19,959
4,655
250,665
18,458
4,801
255,699
17,734
4,670
295,934
23,798
276,710
10,704
1,191
244,480
10,700
1,357
279,745
11,020
1,248
385,365
10,865
1,143
971
1,038
4,241
2,006
272
4,740
1,983
1,075
1,062
4,379
2,133
1,055
1,021
4,549
1,432
2,161,938
2,110,422
2,185,292
2,386,081
1,174,808
1,130,147
1,167,039
1,239,798
307,132
487
22,345
85,371
371,108
11,857
1,978,108
1,645,886
327,22s
314, 513
317,779
487
487
27,975
43,323
62,887
73,195
400,435
373,953
12,622
10,576
1,932,892 2,002,526
1,596,911 1,667,814
834,712
335,981
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-__
317,709
487
42,378
122,480
465,875
14,389
2,203,116
1,869,748
333,368
15,003
2,525
1,055
5,819
8,119
1,173
285
6,049
7,310
1,109
1,062
6,561
8,997
1,463
1,334
6,539
8,318
2,032
2,004,300
1,950,170
2,020,609
2,221,339
48,783
48,783
70,779
37,321
3,369
50,583
70,516
39,874
3,710
50,583
70,810
39,387
3,962
CAPITAL ACCOUNTS
Capital stock: Common stock
Surplus
Undivided profits
.__
Reserves
Total capital accounts
36,929
3,246
___
Total liabilities and capital accounts
157,638
160,252
164,683
164,742
2,161,938
2,110,422
2,185,292
2,386,081
232,211
217,926
216,784
240,110
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. 31, 1957—Continued
MONTANA
[In thousands of dollars]
Mar. 14,
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.
1957
June 6,
1957
Oct. 11,
1957
Dec. 31,
1957
40 banks
41 banks
41 banks
41 b a n k s
134, 518
122,561
142, 769
118,210
146,431
131,788
144,126
136,660
17,680
10, 210
17, 914
9,963
19,075
9,225
20,587
10,083
466
32, 257
4,994
472
33,884
4,442
475
38, 812
4,896
477
32,269
5,387
34, 693
5,228
137
35,454
5,404
137
40, 942
5.484
182
46,645
5,088
161
879
122
1,299
194
5
1,326
146
5
1,117
112
363,745
370,142
398,787
204,110
197,087
221, 613
216, 451
84,885
88,059
93,977
97,690
3,643
32,498
12,914
2,668
31fi,718
255,205
85,513
6,486
36, 853
13, 555
2,629
SU, 669
255,399
89,270
9,685
28,458
13,648
2,807
370,188
271,697
98,491
7,017
33,700
17,885
3,193
375,936
273,637
400
2,842
885
80
620
3,249
1,539
101
1,440
3,687
2,279
97
3,531
2,024
131
344,925
350,178
377,691
381, 622
7,508
8,025
3,098
189
7,633
8,102
4,093
136
7, 708
8,142
5,078
168
7,863
8,343
4,635
254
LIABILITIES
Demand deposits of individuals, partnerships, and
corporations
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of TJ. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for
borrowed money
Income collected but not earned
Expenses accrued and unpaid
Other liabilities
Total liabilities
CAPITAL ACCOUNTS
Capital stock: Common stockSurplus
Undivided profits
Reserves
Total capital accounts
Total liabilities and capital accounts
18,820
19, 964
21,096
21, 095
363, 745
370,142
398, 787
402,717
64,147
63,386
65, 441
64,817
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. 31, 1957—Continued
NEBRASKA
[In thousands of dollars]
Loans and discounts (including overdrafts)
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve
bank
Reserve with Federal Reserve bank
_
Currency and coin
Balances with other banks, and cash items in process of
collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing
bank premises or other real estate
Income earned or accrued but not collected
Other assets
_._
__.
Total assets.
Mar. 14,
1957
June 6,
1957
Oct. 11,
1957
Dec. 31,
1957
123 banks
123 banks
123 banks
123 banks
384,965
331,207
386, 922
318,355
405,360
324,044
415,608
318, 460
82,085
17,140
81, 507
17,814
80,201
14, 821
80, 624
15, 511
1,830
117,831
11, 471
1,830
116,982
11, 695
1,835
123,178
10,271
1,860
111,067
12,145
127, 557
8,014
238
120,920
8,193
231
146,008
8,528
147
159,355
8,477
119
1,000
2,280
441
1,000
2,413
537
1,000
2,333
461
1,000
2,215
454
1,086,059
1,068,399
1,118,187
1,126,895
639, 785
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
610, 858
654,382
673,897
109, 925
29
14,057
85,314
130,506
9,401
989,017
878,824
110,198
110,742
29
21,475
79,275
130,106
7,464
959,949
848,916
111,088
112.008
29
27,355
69,299
147.009
7,685
1,017,767
905,841
112, 426
110,373
24
26, 590
70,476
140, 841
6,632
1,028,888
918, 039
110,794
6,970
2,342
1,985
399
15,230
2,435
3,007
202
1,000,713
980,823
1, 028, 649
1,037,280
25,925
34,031
20,372
5,018
25,925
34,030
22, 995
4,626
25,925
34,191
24, 660
4,762
26,175
36,341
22,048
5,051
4,775
2,659
3,320
128
2,305
2,547
3,243
352
CAPITAL ACCOUNTS
Capital stock: Common stock
Surplus
Undivided profits
_'_.
Reserves
Total capital accounts
Total liabilities and capital accounts
85,346
87, 576
89, 538
89, 615
1,086,059
1,068,399
1,118,187
1,126,895
178,414
191,174
182,208
173,575
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
REPORT OP THE COMPTROLLER OF THE CURRENCY
105
Assets and liabilities of national banks, by States, at date of each call during year
ended Dec. 31, 1957—Continued
NEVADA
[In thousands of dollars]
M a r . 14,
1957
J u n e 6,
1957
Oct. 11,
1957
Dec. 31,
1957
3 banks
3 banks
3 banks
3 banks
ASSETS
Loans and discounts (including overdrafts)
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
_.
Corporate stocks, including stock of Federal Reserve
bank
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-
97,192
88,570
102,695
79,188
98,418
94,259
101,044
82,217
10,208
6,967
11, 788
7,102
17, 649
7,557
18,577
8,812
329
18, 608
3,028
329
20,168
3,002
329
21,015
2,902
329
20,086
3,287
7,047
3,977
9
681
400
8,712
4,132
9
783
317
9,411
4,388
796
358
10,481
4,412
11
1,000
268
237,016
238, 225
257,082
250,524
111,173
109,855
113,917
105,205
69,235
69, 640
77,488
83,193
3,976
32,123
1,126
2,178
219, 811
U7,911
71,900
4,259
31,896
1,378
2,816
219,844
147,859
71, 985
5, 764
37, 647
1,501
2,410
288,727
155, 695
8S, 0S2
4,813
35, 616
1,567
2,102
2S2,496
HI, 258
1,128
1,302
205
1,210
1,997
344
1,371
1,763
30
1,309
1,407
222, 446
223,395
241,891
235,240
5,425
5,525
3,570
50
5,425
5,525
3,830
50
5,425
5,525
4,191
50
5,425
5,525
4,267
67
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
14,570
14,830
15,191
15,284
237,016
238,225
257,082
250,524
53, 302
49, 627
52,499
53,492
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
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, 1957—Continued
NEW HAMPSHIRE
[In thousands of dollars]
Mar. 14,
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 _
1957
June 6,
1957
Oct. 11,
1957
Dec. 31,
1957
50 banks
50 banks
50 banks
50 banks
120,283
60,881
33
16,592
3,620
123,966
59, 915
33
17,205
3,500
123,573
71,554
21
18,133
3,629
122,699
67,532
21
15,810
6,009
578
19, 748
6,718
23, 758
584
24, 702
5,905
599
22,402
8,334
25,384
2,812
593
23,126
2,928
555
28,810
2,956
591
33,089
3,040
642
57
2
213
56
7
272
50
5
291
59
12
248
257,514
262,710
280,804
280,496
141,671
144,062
157,580
154, 296
46,379
15
5,050
15,846
9,292
7,642
225,895
178,940
46,955
46,774
15
8,310
12,509
9,252
8,728
229,650
48,280
15
8,593
17,791
9,417
8,885
250,561
201,341
49,220
46,656
15
8,947
21,580
11,039
8,011
250,544
203,222
47, S22
3,100
855
286
21
3,870
948
330
250
1,010
360
41
130
916
418
231
230,157
234,806
252,222
252,239
6,319
12,938
6,539
1,561
6,319
13,113
6,983
1,489
6,319
13,145
7,479
1,639
6,319
13,818
6,397
1,723
28,582
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 .
182,
OSS
47,617
CAPITAL ACCOUNTS
Capital stock: Common stock..
Surplus
Undivided profits
Reserves
Total capital accounts
Total liabilities and capital accounts_
27,357
27,904
257,514
262,710
19,974
23,221
28,257
280,496
MEMOBANDTJM
Assets pledged or assigned to secure liabilities and for
other purposes
19,220
17,951
REPORT OF THE COMPTROLLER OF THE CURRENCY
107
Assets and liabilities of national banks, by States, at date of each call during year
ended Dec. 31, 1957—Continued
NEW JERSEY
[In thousands of dollars]
Mar. 14,
June 6,
Oct. 11,
1957
1957
172 banks
170 banks
170 banks
1,406,581
1,045,480
379
368,255
64,812
1,445, 732
1,045,492
593
377,081
63,439
1,485,964
1,085,986
502
385,874
62, 791
5,977
259,683
67,865
5,962
286,612
66,987
282,953
57,332
220,299
44,092
672
219,163
45,462
653
256, 594
46,849
645
283,191
48,061
820
444
93
8,345
3,718
379
52
8,001
3,704
394
100
7,078
3,853
585
186
9,313
3,439
3,496,695
3, 569,312
3,683,004
3,808,081
1957
Dec. 31,
1957
169 banks
ASSETS
Loans and discounts (including overdrafts)
XJ. 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
Customers' liability on acceptances outstanding
Income earned or accrued but not collected
Other assets
Total assets
1,511,781
1,094,215
323
405,210
73,063
6,184
287,075
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
Mortgages or other liens on b a n k premises and other
real estate
Acceptances executed b y or for account of reporting
b a n k s and outstanding
Income collected b u t not earned
Expenses accrued and u n p a i d
Other liabilities
T o t a l liabilities _
1,495,066
1,463,213
1,545,178
1,635,325
1,338,950
1,369,479
1,431,363
1,445,490
40,174
223,526
47,664
50, 564
3,195,9U
1,836,641
100,320
223,074
46, 788
52,209
3,255, OSS
1,864,451
1,390, 632
72, 621
235,048
50, 539
45,052
3,379,801
1,927,116
76,916
228,650
56,948
70,288
3, 513,617
2,047,642
1,452, 685
1,465,975
12,150
1,150
18,433
10,501
1,823
52
19, 535
13, 537
1,634
50
100
20,313
11, 706
3,169
50
186
20,504
10,273
4,415
3,252,199
3,319,041
3,427,289
3, 550,195
1,359,403
29,150
25,355
50
50
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
60
78,616
79,338
118,738
39,691
6,729
662
60
79,406
80,128
118,012
45,178
6,953
80,495
81,201
120,874
47, 082
6,558
646
60
81,820
82,526
VIA:, 290
43, 777
7,293
257,886
244,496
250,271
255, 715
3,496,695
3,569,312
3,683,004
252,847
314,722
295,873
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
230,412
108
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, 1957—Continued
NEW MEXICO
[In thousands of dollars]
Loans and discounts (including overdrafts)
--.
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve
bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of
collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing
bank premises or other real estate
Income earned or accrued but not collected
Other assets
Total assets.
Mar. 14,
1957
June 6,
1957
Oct. 11,
1957
Dec. 31,
1957
26 banks
26 banks
26 banks
26 banks
143,372
144,686
149,032
147,721
157,975
142,735
161,060
142,766
14,495
2,658
14,711
2,935
15,152
3,220
15,906
4,547
462
37,255
7,428
465
38, 787
466
33,849
6,928
470
40,039
7,049
52, 657
5,361
330
47,560
5,647
268
48, 961
5,812
197
5,962
219
349
228
344
244
100
405
505
100
383
191
409,281
413,803
416,305
443,122
208,274
206,652
215,027
224,864
72,690
11
10,268
74,362
12, 773
4,580
882,958
297,082
85,876
75,692
11
14, 987
72,465
12,188
4,845
$86,840
298,534.
88,306
77,168
11
12, 723
68,153
12,035
3,123
78,340
LIABILITIES
Demand deposits of individuals, partnerships, and
corporations-—
Time deposits of individuals, partnerships, and corpo'
rations
-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
Mortgages or other liens on bank premises and other
real estate
Income collected but not earned
Expenses accrued and unpaid
Other liabilities
Total liabilities
298,058
90,182
16,653
75, 641
15, 785
4,628
415,922
S24, b77
91,545
100
150
100
15
1,583
692
856
1,719
590
773
1,921
820
433
2,042
619
629
386,204
390,072
391, 514
419,212
7,850
7,755
3,335
4,137
7,850
7,755
4,120
4,006
7,850
7,775
4,973
4,193
7,850
7,935
3,340
4,785
CAPITAL ACCOUNTS
Capital stock: Common stock
Surplus
Undivided profits
Reserves
—
Total capital accounts
Total liabilities and capital accounts
23,077
23,731
24,791
23,910
409,281
413,803
416,305
443,122
101,988
108,101
108,278
107,013
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
REPORT OF THE COMPTROLLER OF THE CURRENCY
109
and liabilities of national banks, by States, at date of each call during year
ended Dec. 81, 1957—Continued
NEW YORK
[In thousands of dollars]
Loans and discounts (including overdrafts)
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve
bank
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
Mar. 14,
1957
June 6,
1957
Oct. 11,
1957
Dec. 31,
1957
287 banks
285 banks
280 banks
275 banks
5,406,284
2,414,604
123
745,838
129,341
5, 347,378
2,264,176
130
719,965
129,957
5,396,797
2,278, 508
134
772, 063
137,067
5, 502,483
2,331, 748
156
768,144
154,406
31,135
1,224, 795
96, 739
31,179
1,192, 523
95,289
34, 784
1,267,930
79,954
34,908
1,204,884
111,996
849,472
85,207
1,714
713,114
87, 061
1,614
781,315
87, 706
1,963
1,117,868
92,002
1,968
3,118
94, 059
24, 040
70,625
3,152
86, 637
30,278
70,956
3,510
101, 558
23,415
74,339
3,492
104,259
30,830
62,655
11,177,094
10,773,409
11, 041,043
11, 521, 799
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.
5,607,323
5, 076,386
5,140,490
5,587,689
2,215,108
2,265,211
2,284,132
2,350,776
127,906
187,848
231, 579
456,470
425, 736
495,682
1, 019, 724 1, 050, 621
952,921
341,908
234,399
255, 068
9,768,439 9,260,870 9,339,203
7,213,367 6,654,480 6,767,006
2,572,197
2,555,072 2,606,390
204, 700
109, 685
120,415
10
10
10
98,347
107,178
89,170
55,822
63, 069
55,994
44,888
65, 011
61, 513
199, 976
217, 086
268,108
9,996,257
10,277,167
219,834
401,486
1,139,090
357,993
10,056,868
7,427,482
3,340
10
111, 443
59,499
69,336
172, 604
10,473,100
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
179
65
309,641
309,885
453,962
127,626
8,454
179
65
309,872
310,116
454, 675
143, 746
8,792
179
65
349, 795
350,039
535, 056
149,873
9,818
899,927
917,329
11,177,094
10,773,409
11,041, 043
949,100
1,055,649
1,205,673
164
65
351,817
352,046
540,292
145,908
10,453
1,044,786
11,521, 799
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
467548—58
8
880,918
110
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, 1957—Continued
NORTH CAROLINA
[In thousands of dollars]
Loans and discounts (including overdrafts)
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve
bank
Reserve with Federal Reserve bank
Currency and coin
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.
Mar. 14,
June 6,
Oct. 11,
Dec. 31,
1957
1957
1957
1957
47 banks
47 banks
46 banks
45 banks
283,144
168,723
290,806
166,858
293,624
167,734
275,326
168,419
36,528
9,852
34,123
7,271
36,354
7,610
39,243
10,064
1,452
64,084
16,515
1,458
60,403
15,127
1,475
62, 656
16,113
1,363
50,272
17, 958
9,083
148
73,803
9,222
202
97,872
9,539
169
99,108
8,749
99
876
1,005
881
962
4
831
783
27
763
804
671,792
661,435
695,233
672,195
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
T o t a l liabilities.
368,163
399,925
395, 692
109,478
112,084
120, 718
116, 747
10,319
45, 661
22.499
16, 729
589, 620
466, SI 9
128, S01
20,280
37, 501
22, 667
12,856
57S, 551
450,127
128,424
14,023
51, 613
26,149
10, C69
628, S97
15,289
44, 674
23,839
9,407
605,648
475, OSS
ISO, 615
13.500
17, 550
200
200
4,782
2,863
871
4,779
2,802
837
4
5,768
2,801
60
27
4,579
3,210
1,517
611,636
599,527
632,230
615,181
14,045
34,470
10,057
1,584
14,045
34,570
11,733
1,560
14,160
35,035
12,194
1, 614
13,435
32,314
9,450
1,815
184,185
CAPITAL ACCOUNTS
Capital stock: Common stock...
Surplus
Undivided profits- _
Reserves
Total capital accounts
Total liabilities and capital accounts
60,156
61,908
63,003
57,014
671,792
661,435
695,233
672,195
115,585
120,499
93,921
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
REPORT OF THE COMPTROLLER OP THE CURRENCY
111
Assets and liabilities of national banks, by States, at date of each call during year
ended Dec. 81, 1957—Continued
NORTH DAKOTA
[In thousands of dollars]
Loans and discounts (including overdrafts)
U. S. Government securities, direct obligationsObligations guaranteed by U. S. GovernmentObligations of States and political subdivisions.
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Eeserve
bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of
collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing
bank premises or other real estate
Income earned or accrued but not collected
Other assets
Total assets .
Mar. 14,
June 6,
Oct. 11,
Dec. 31,
1957
1957
1957
1957
38 banks
38 banks
38 banks
38 banks
119,231
106,561
5
13, 547
10,050
116,496
108,193
5
14,321
11,360
126, 799
121,547
5
16,170
12,344
124,658
119,494
5
18,640
14,227
433
27,671
3,659
434
27,205
3,315
440
30,232
3,619
448
29,294
4,046
21,751
3,496
392
21,855
3,559
397
32,922
25,697
3,787
396
250
947
312
250
1,164
393
250
1,135
477
250
1,072
335
350,019
342,349
156,824
191,939
185,133
197,805
86,658
6
4,733
20,294
9,638
1,725
282,132
190,262
91,870
94,362
6
8,596
15,674
11,105
2,790
324,472
227,417
97,055
97,966
6
6,198
14,804
9,799
2,773
316,679
216,352
100,327
500
1,935
1,147
55
2,425
2,002
1,561
19
2,256
1,782
2
2,269
2,075
84
288,100
288,139
328,512
321,107
5,885
8,538
5,885
8,587
5,517
819
5,985
8,689
6,029
804
5,985
9,011
5,487
759
308,305
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
161,479
84,610
6
5,035
22,318
9,063
1,952
CAPITAL ACCOUNTS
Capital stock: Common stock
Surplus
Undivided profits
Reserves
Total capital accounts
20,205
Total liabilities and capital accounts
20,808
21,507
21,242
308,947
350,019
342,349
47,441
47,976
47,651
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
42,421
112
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, 1957—Continued
OHIO
[In thousands of dollars]
Mar. 14,
1957
June 6,
1957
Oct. 11,
1957
Dec. 31,
1957
229 banks
229 banks
229 banks
229 banks
2, 076,520
1,699,463
195
297, 625
63, 538
2,098,175
1, 687,821
334
313,477
66,055
2,143, 319
1, 666,061
328
320,036
56,884
2,168,428
1, 688,862
326
330, 700
71,971
9,852
517,057
88,336
9,975
523,155
82,944
10,082
537,908
74,214
10,206
550,194
99,774
485,615
53,200
551
401, 203
54, 402
439
498, 961
56,295
555,143
57,810
843
3,127
29
10,106
6,540
3,202
136
10, 302
6,995
3,309
260
10,163
6,066
3,465
86
10,556
4,294
5,311,754
5,258,615
5,384,712
5,552,658
2,709,088
2,584,238
2,662,850
2,789,833
1,341,902
190
73,083
382,481
248,117
81, 323
4,886,184
3,413,542
1,422,642
1,350,888
190
97,431
431,209
230,028
65,966
4, 759,950
3,329,166
1,430, 784
1,387,102
190
102, 493
427, 608
243,407
61, 405
4, 885,055
8, 415,860
1,469,695
1,408,041
190
126,890
398,196
271,170
74,540
5,068, 860
8,578, 525
1,490,335
17,302
27, 281
18, 265
1,144
34
31
31
29
27,176
28, 218
6,771
136
28,957
30, 253
6,210
260
31, 345
28,417
5, 339
30,483
28,283
7,463
4,915,716
4,852,821
4,968,712
5,136,350
132,058
197,656
62,299
4,025
132,448
200,071
69,226
4,049
133,878
202,460
75,288
4,374
134,903
212,519
64,112
4,774
405,794
416,000
416,308
5,311,754
5,258,615
5,384,712
5,552, 658
824,676
885,639
880,584
817,200
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, a n d other liabilities for
borrowed money
Mortgages or other liens on b a n k premises a n d other
real estate
Acceptances executed b y or for account of reporting
banks a n d outstanding
Income collected b u t not earned
Expenses accrued a n d 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
_._
REPORT OF THE COMPTROLLER OF THE CURRENCY
113
Assets and liabilities of national banks, by States, at date of each call during year
ended Dec. 81, 1957—Continued
OKLAHOMA
[In thousands of dollars]
Mar. 14,
1957
J u n e 6,
1957
Oct. 11,
1957
Dec. 31,
1957
197 banks
197 b a n k s
197 b a n k s
197 b a n k s
668,184
545,950
17
148,125
32,288
670,646
540,238
17
148, 519
33,287
707,618
544,328
17
151,973
30,520
741,642
538, 683
3,468
172, 910
23, 748
3,526
186, 738
20,055
3,602
200, 679
20,888
3,647
157,379
26, 461
282, 563
17, 497
418
276,067
15,601
2,731
295, 989
18, 286
438, 535
18, 667
3,930
1,249
2,672
3,094
6,530
1,030
2,778
1,316
7,723
913
2,746
1,166
7,476
1,133
2,111
995
1,906,113
1,909,079
1, 987,134
2,125, 914
1,092, 726
1,045, 690
1,116, 521
1,219, 543
244, 977
255,115
97
97
22,828
33,988
166, 567
159,427
186, 755
189, 610
13,449
16, 260
1,730, 210 1,697,376
1,474,080 1,431,635
265, 741
256, ISO
260,336
97
48,352
132, 510
192, 582
14,094
1,764,492
1,496,079
258, 592
97
46, 758
166, 388
224, 250
24,870
1,940,498
1,674,181
266,867
38,500
1,150
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
155,395
33,108
LIABILITIES
Demand deposits of individuals, partnerships, and
corporations
_
_
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
_
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
_
Other deposits (certified and cashiers' checks, etc.)
Total deposits..
Demand deposits
Time deposits
_
Bills payable, rediscounts, and other liabilities for
borrowed money
Mortgages or other liens on bank premises and other
real estate
Acceptances executed by or for account of reporting
banks and outstanding
_
__.
Income collected but not earned
Expenses accrued and unpaid
Other liabilities
_
Total liabilities.__
_..
1,225
31,675
58
1,249
2,622
5,533
925
1, 741, 773
1,133
3,120
7,051
1,278
1,030
2,947
6,794
1,022
913
3,077
7,312
380
1,740,853
1, 814, 732
1, 954,288
47,850
69, 715
46,013
4, 648
48, 775
70,108
48, 540
4,979
49, 500
72,029
44,960
5,137
CAPITAL ACCOUNTS
Capital stock: Common stock
Surplus
_
Undivided profits
Reserves.
_
Total capital accounts
_
_
Total liabilities and capital accounts
47, 570
67, 974
44,112
4,684
164,340
168, 226
172, 402
171, 626
1, 906,113
1,909,079
1,987,134
2,125,914
342,203
372, 543
392,897
336, 566
MEMOEANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
114
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, 1957—Continued
OREGON
[In thousands of dollars]
Loans and discounts (including overdrafts)
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve
bank—
_.
_
_
Reserve with Federal Reserve bank
Currency and coin
_
_
Balances with other banks, and cash items in process of
collection
_
___
Bank premises owned, furniture and fixtures.
Real estate owned other than bank premises
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.
Mar. 14,
June 6,
Oct. 11,
Dec. 31,
1957
1957
1957
1957
12 banks
12 banks
12 banks
12 banks
769, 770
466,079
752,941
437,799
761,072
475, 494
714,699
486, 543
147,605
13,162
150,016
12, 768
143,071
15, 530
144,840
31,634
2,785
180, 685
13, 429
2,785
169,611
12, 680
2,786
185,895
12,135
2,786
203, 708
13,394
99,185
23,170
139
101,369
24, 724
118,193
25,087
100
116,095
25,052
100
85
6,649
2,374
82
29
7,207
771
136
136
5,295
1,040
149
.,693
756
1,725,199
1, 672,880
1, 745,970
1,746,449
749,056
726, 324
799, 686
755, 241
570, 901
13
9,655
155, 450
24, 646
30, 968
1,540,689
938,590
602, 099
572,368
14
10, 825
144, 548
23, 460
26,364
1,503,903
903, 453
600,450
589,157
14
27,371
107, 768
28, 540
27,149
1, 579,685
611, 577
591,265
14
19,178
161, 670
25,932
28, 776
1,582,076
962,800
619,276
LIABILITIES
Demand deposits of individuals, partnerships, and
corporations
Time deposits of individuals, partnerships, and corporations
...
Postal savings deposits
Deposits of V. 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., _
20, 200
94
178
203
85
9,419
11,108
29
9,521
14,900
12,115
136
9,392
12,435
11, 443
155
8,935
8,041
11, 429
1,595, 529
1,540,562
1,613,269
1,610,839
40, 865
51,970
36,767
68
40, 865
51, 970
39, 418
65
40,865
52, 005
39,766
65
40,865
52,040
42, 594
111
CAPITAL ACCOUNTS
Capital stock: Common stock..
Surplus.
Undivided profits
Reserves
_
Total capital accounts
Total liabilities and capital accounts
_
129,670
132,318
132, 701
135, 610
1,725,199
1,672,880
1, 745,970
1, 746,449
435,899
394,047
412,395
451, 790
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
_
REPORT OF THE COMPTROLLER OF THE CURRENCY
115
and liabilities of national banks, by States, at date of each call during year
ended Dec. SI, 1957—Continued
PENNSYLVANIA
[In thousands of dollars]
Loans and discounts (including overdrafts)
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve
bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of
collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing
bank premises or other real estate
Customers' liability on acceptances outstanding
Income earned or accrued but not collected
Other assets
Total assets
Mar. 14,
1957
June 6,
1957
Oct. 11,
1957
Dec. 31,
1957
509 banks
507 banks
503 banks
498 banks
3,586,320
2,115,306
37
640,828
162, 468
3, 637,909
2,143,123
44
644,429
167,435
3, 727, 503
2,124, 645
44
654, 342
153, 670
3, 706,058
2,144, 234
44
663,220
153, 352
22, 853
802, 676
131,336
22, 881
803,803
120, 866
21,325
851, 915
111, 165
21,305
780,820
149,265
620,960
94, 654
1,513
494, 321
95,348
1,865
593, 492
96, 752
1,927
725,024
96, 247
1,738
3,680
5,730
14, 592
11, 752
3,824
6,436
15, 390
13, 353
3,580
7,232
11,775
14, 709
3,482
8,045
15,189
9,709
8, 214, 705
8,171,027
8,374,076
8,477,732
4,049,395
3, 849, 431
3, 857, 387
4,079, 849
2, 371, 703 2, 416, 668
687
682
100, 747
193,136
266, 263
275, 655
418, 666
363, 041
80,556
77, 754
7,288, 017 7,176,867
4,8^6,683 4, 691,439
2, Ul, SS4
67, 595
25,470
29
30
2, 495,468
682
166, 346
364, 870
390, 760
67,046
7,342, 559
4,779,400
2,563,159
2, 476, 598
682
169, 587
284,354
425,998
90, 567
7, 527,635
4,985,174
2,542,461
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
80, 317
38
7,168
34,644
29,190
7,449
7,033
36,176
37, 031
11,322
8,004
39,045
46, 387
6,003
38,063
44, 694
10,282
7,391,968
7,335, 553
7, 522, 353
7, 634,098
50
223,018
228,068
482,371
50
222,958
228,008
482,921
50
223, 633
228, 683
484, 617
50
222,932
222,982
486,830
106, 229
11,069
119,130
10, 415
132, 237
11,186
121, 890
11,932
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
822, 737
835,474
8, 214, 705
8,171,027
8,374,076
835,122
1,015,700
933,613
851, 723
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
843, 634
8,477,732
116
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, 1957—Continued
RHODE ISLAND
[In thousands of dollars]
Loans and discounts (including overdrafts)
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve
bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of
collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Customers' liability on acceptances outstanding
Income earned or accrued but not collected
Other assets
Total assets .
Mar. 14,
June 6,
Oct. 11,
1957
1957
1957
5 banks
5 banks
5 banks
Dec. 31,
1957
5 banks
263,017
103,109
265,809
115,349
264,271
121,331
270,202
119,287
49,631
2,591
46,455
3,824
46,871
3,216
47,060
4,038
1,383
30, 435
10,049
1,386
35, 425
8,955
1,383
36, 725
8,064
1,383
33,158
12,257
20, 782
7,637
24
557
1,150
526
19,375
7,680
31
251
1,438
536
22,188
7,703
11
2,472
784
511
23,000
7,697
25
391
1,322
472
490,891
506, 514
515, 530
520,292
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 .
201,218
198,131
198,156
211,233
203, 650
24
5,049
18, 985
4,849
8,827
442,602
288, 809
204,293
204,203
24
4,715
24, 500
7,152
8,501
447,226
242, 161
205,065
212, 742
24
9,122
26,274
4,804
7,818
458,940
245,128
213,812
212,857
24
8,243
23,631
4,061
10,063
470,112
256,831
218,781
11,000
4,000
557
3,256
2,813
437
251
3,222
2,498
415
2,472
3,563
4,361
22
391
3,139
3,513
547
449, 665
464, 612
473, 358
477,702
12,245
25,290
3,666
25
12,245
25,290
4,356
11
12,245
25,303
4,614
10
12,245
25, 340
4,985
20
CAPITAL ACCOUNTS
Capital stock: Common stockSurplus
Undivided profits
Reserves
Total capital accounts
Total liabilities and capital accounts
41,226
41,902
42,172
42,590
490,891
506,514
515, 530
520,292
26,051
35,155
38,139
34,118
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
REPORT OF THE COMPTROLLER OF THE CURRENCY
117
and liabilities of national banks, by States, at date of each call during year
ended Dec. 31, 1957—Continued
SOUTH CAROLINA
[In thousands of dollars]
1957
J u n e 6,
1957
Oct. 11,
1957
Dec. 31,
1957
27 banks
26 banks
26 banks
26 banks
Mar. 14,
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.
209,444
174, 548
214, 525
169,503
233,115
173,704
31,026
10,677
31,954
9,515
33,377
60, 739
16,368
982
57,233
15,164
51,414
14,003
61, 969
6,001
260
59,385
6,619
329
68, 740
7,149
481
74,966
7,335
767
957
670
718
736
684
573, 705
566, 773
594,303
609,146
354,488
343, 599
365,131
366,138
74, 902
7
16,233
53, 869
14, 746
13,188
527, 433
447, 378
80, 026
7
18, 437
50, 519
14, 900
11,805
519,293
429,834
89,459
84, 500
7
17,176
53, 979
14, 613
10,233
545,639
450,234
95,405
81, 704
7
18,601
67,462
16,042
9,469
559,423
466,195
93,228
600
400
172,615
37,713
10,612
1,033
53,194
17,843
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 .
. 5
1,964
2, 551
1,061
1,978
2,742
6
2,169
2,594
632
2 251
1,512
3,178
533, 614
525, 309
551, 040
566,364
11, 201
20, 579
6,778
1,533
11, 611
21, 641
6,755
1,457
11,847
22,475
7,256
1,685
11,860
22, 678
6,697
1,547
CAPITAL ACCOUNTS
Capital stock: Common stockSurplus
_
Undivided profits
Reserves
_
_
Total capital accounts
Total liabilities and capital accounts
40, 091
41, 464
43, 263
42, 782
573, 705
566, 773
594,303
609,146
104, 600
102,329
96,156
97,610
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
118
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, 1957—Continued
SOUTH DAKOTA
[In thousands of dollars]
Loans and discounts (including overdrafts)
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve
bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of
collection
Bank premises owned, furniture and fixtures
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.
Mar. 14,
June 6,
Oct. 11,
1957
1957
1957
Dec. 31,
1957
34 banks
34 banks
34 banks
34 banks
130,689
101,293
4
14,807
7,480
138, 279
95, 914
4
15, 825
7,081
140, 401
113, 586
140, 781
115, 232
16, 467
7,854
17, 950
9,665
503
26,256
4,273
522
27,216
3,361
536
31, 717
552
28, 477
4,056
24, 775
2,824
598
25,151
2,861
556
33, 819
2,964
539
33,080
3,130
274
238
6
1,296
253
238
1
1,273
366
"1,371
314,748
318,563
353,321
355, 734
162,443
153, 484
180, 765
181, 699
80,159
83,410
5,091
31,224
8,015
2,272
289,204
208,274.
85,9S0
4,571
40,222
7,481
2,047
291,215
201,960
554
238
LIABILITIES
Demand deposits of individuals, partnerships, and
corporations
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for
borrowed money
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.
850
15
89,255
1,500
15
1,570
1,283
3
1,627
1,778
3
292,931
296,144
5,698
9,794
5,691
634
6,248
9,794
5,753
624
92,430
9,280
35,913
9,321
2,373
826,185
281, 708
94,487
5,793
36,134
10,229
2,412
828, 697
229,980
98, 717
500
15
1
1,881
1,862
5
1,877
2,189
119
332,882
CAPITAL ACCOUNTS
Capital stock: Common stock.
Surplus
Undivided profits
Reserves
Total capital accounts
Total liabilities and capital accounts
6,548
9,839
5,886
649
6,548
10,485
5,149
670
21,817
22,419
22,922
22,852
314,748
318,563
353,321
355,734
57,353
63,541
64,149
MEMOBANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
_
REPORT OF THE COMPTROLLER OF THE CURRENCY
119
and liabilities of national banks, by States, at date of each call during year
ended Dec. 81, 1957—Continued
TENNESSEE
[In thousands of dollars]
Loans and discounts (including overdrafts)
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve
bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of
collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing
bank premises or other real estate
_.
Customers' liability on acceptances outstanding
Income earned or accrued but not collected
Other assets
Total assets.
Mar. 14,
1957
J u n e 6,
1957
Oct. 11,
1957
Dec. 31,
1957
73 banks
73 b a n k s
73 banks
74 banks
845,932
501,823
3
111, 112
16, 971
838,262
481,224
3
118, 564
18, 579
887,651
500,879
3
115,308
19, 379
907,325
491,241
3
117,967
21,801
3,589
197, 506
35,117
3,595
200, 999
32, 559
3,597
207,188
31,335
3,700
169,454
39,335
254, 758
21, 834
376
235, 341
22,127
317
261, 471
22,308
403
357,315
23,014
303
5,421
2,867
1,847
34
2,794
3,249
1,423
9,159
3,106
1,648
11,310
3,139
859
1, 999,156
1, 959,070
2,063, 435
2,146, 766
872, 411
844, 614
885, 629
913,095
448, 673
164
24, 289
159,156
287, 611
15, 436
1,807,740
1, SS2,985
474,755
458, 684
164
35, 531
166,256
255, 598
11, 612
1, 772,459
1,287,409
485,050
477,006
164
45, 730
162,394
291,142
11,583
1, 87S, 648
1, S66, 707
506,94I
485,907
165
37, 502
147, 716
364, 802
13,169
1,962,356
1,450,580
511, 776
20, 800
13, 650
7,050
20
20
20
20
5,421
10,328
7,003
1,186
2,794
10,831
8,870
766
9,159
11, 697
1,254
11,310
11,484
7,823
1,101
1, 809, 390
1,911, 731
1,994,394
43,700
73,073
29, 250
3,657
43,700
73, 947
30,659
3,398
44,030
74,324
30,316
3,702
LIABILITIES
Demand deposits of individuals, partnerships, and
corporations
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for
borrowed money
Mortgages or other liens on bank premises and other
real estate
Acceptances executed by or for account of reporting
banks and outstanding
Income collected but not earned
Expenses accrued and unpaid
Other liabilities
Total liabilities
1, 852, 498
300
CAPITAL ACCOUNTS
Capital stock: Common stock
Surplus
Undivided profits
Reserves
Total capital accounts
Total liabilities and capital accounts
43,250
73,172
26,472
3,764
146,658
149,680
151, 704
152,372
1,999,156
1,959,070
2,063, 435
2,146, 766
235,324
259,732
273,090
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
120
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, 1957—Continued
TEXAS
[In thousands of dollars]
Mar. 14,
1957
June 6,
Oct. 11,
1957
1957
451 banks 455 banks
Loans and discounts (including overdrafts;
_..
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve
bank
Reserve with Federal Reserve bank.
Currency and coin
Balances with other banks, and cash items in process of
collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing
bank premises or other real estate
Customers' liability on acceptances outstanding
Income earned or accrued but not collected
Other assets
_
Total assets..
Dec. 31,
1957
456 banks 457 banks
3,280,223
1,927,911
3,294,173
2,005,505
3,383,830
2,012,183
3,546,261
1,977,128
369,374
117,789
383,242
120,920
404,690
112,357
406,835
128, 921
15, 760
844, 797
98,374
16,009
868,927
91,162
16,259
872,887
89,386
16, 755
853,764
114, 539
1,300,729
133, 934
8,414
1,122, 660
136, 724
8,189
1,268,566
138, 087
8,846
1,695,999
138,209
8,703
5,102
37, 559
12,218
9,097
5,072
18,979
13, 277
10, 223
8,373
39,334
13, 748
10,774
8,862
55,028
13,918
10,399
8,161, 281
8,095,062
8, 379,320
8,975,321
4,623,180
4,469,193
4,578,832
4,781,306
955,596
1,095
84,915
653,143
1,009, 901
78, 734
7,406,564.
6,173,432
1,233,132
1,019, 563
1,143
189,924
640,387
936, 775
75,386
7,332,371
6,015,104
1,076,489
1,143
186,211
609, 958
1,053,018
69, 331
7,574,982
6, 201, 810
1,081,809
1,143
138,881
707,318
1,321, 719
138, 095
8,170,271
6, 791, 279
1,317,267
1,373,172
1,378,992
LIABILITIES
Demand deposits of individuals, partnerships, and
corporations
_
Time deposits of individuals, partnerships, and corporations.
_
Postal savings deposits..
Deposits of U. S. GovernmentDeposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for
borrowed money
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-
33,260
31,350
30, 691
61
349
37, 974
12,940
25, 956
3,549
61
19, 921
13,098
37, 400
2,359
7, 520,304
7,436, 560
42, 447
14,367
38, 841
1,322
7,702, 711
55,700
15, 017
32, 721
4,523
8,293,596
241, 573
283,483
96,190
19, 731
245,398
287,343
106,032
19, 729
250, 350
291,116
115,196
19, 947
255, 516
303,069
99,405
23, 735
61
15,015
CAPITAL ACCOUNTS
Capital stock: Common stockSurplus
Undivided profits...
Reserves
Total capital accounts
Total liabilities and capital accounts
640, 977
658, 502
676,609
681, 725
8,161,281
8,095, 062
8,379,320
8,975,321
1,193,854
1,309,130
1,313,428
1,276,454
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
REPORT OP THE COMPTROLLER OF THE CURRENCY
121
Assets and liabilities of national banks, by States, at date of each call during year
ended Dec. SI, 1957—Continued
UTAH
[In thousands of dollars]
Mar. 14,
1957
June 6,
1957
7 banks
7 banks
Oct. 11,
1957
Dec. 31,
1957
7 banks
ASSETS
Loans and discounts (including overdrafts)
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Eeserve
bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of
collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing
bank premises or other real estate
Customers' liability on acceptances outstanding
Income earned or accrued but not collected
Other assets
Total assets.
171,541
92, 111
185,409
88,226
178,910
80,768
196,632
96,714
18,634
3,112
20, 785
3,515
26,397
3,588
34,179
5,070
45,931
4,717
502
47,412
4,263
492
41,959
3,966
51,983
5,137
25,884
1,302
2
26,307
1,319
2
1,250
2
37, 543
1,266
22
4,750
77
17
230
4,750
77
36
163
4,750
80
31
326
5,850
80
148
222
368,806
382,766
369,405
435,625
188,860
187,591
178,984
183,750
95,811
918
5,008
34,212
14, 768
2,446
842,028
2^2,926
99,097
100,020
918
13,179
35,466
14,604
2,845
240,401
114, 222
102,808
826
8,414
31,710
14,907
2,257
339,906
219, 839
120,067
140,226
826
7,095
45, 269
15,059
4,917
397,142
239,782
157,860
77
2,680
1,636
345
77
2,915
2,276
276
80
3,210
2,715
339
3,289
3,280
378
346,761
360,167
346,250
404,169
7,150
8,690
6,207
552
7,150
8,700
6,742
563
9,950
15,430
5,364
712
22,045
22, 599
23,155
31,456
368,806
382, 766
369, 405
435,625
16,275
26,266
20,958
22,000
779
LIABILITIES
Demand deposits of individuals, partnerships, and
corporations
Time deposits of individuals, partnerships, and corpo-.
rations
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.
354,623
CAPITAL ACCOUNTS
Capital stock: Common stockSurplus
Undivided profits
Total capital accounts
Total liabilities and capital accounts
7,150
5,841
364
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
122
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, 1957—Continued
VERMONT
[In thousands of dollars]
Loans and discounts (including overdrafts)
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve
bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of
collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing
bank premises or other real estate
Income earned or accrued but not collected
Other assets
Total assets _
Mar. 14,
1957
June 6,
1957
Oct. 11,
1957
Dec. 31,
1957
33 banks
33 banks
33 banks
33 banks
78,142
48,241
11
10,932
3,340
44,140
11
12, 214
3,203
51,121
5
12,237
3,155
354
12, 816
2,942
14,184
2,988
14, 404
3,087
358
14, 699
3,802
10,178
1,956
183
11, 955
2,065
167
14, 551
2,068
177
15, 866
2,050
139
219
102
348
211
146
448
174
232
508
226
71
169,764
172,858
182, 653
186,340
60,073
67,320
65, 946
79,351
3
1,761
4,463
1,539
3
1,812
4,126
1,787
2,802
152, 888
72,152
80, 7S6
83,051
3
2,489
5,777
1,714
2,490
162,844
79,591
88,45S
86, 976
3
2,012
7,750
1, 857
2,534
167, 078
79,576
87, 502
80,636
358
82, 961
51,805
5
9,852
3,998
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
2,729
149,919
70,128
79, 791
940
462
1,180
337
280
1,224
202
624
1,185
404
645
152,911
155,495
165,174
169,312
5,245
6,621
3,853
1,134
5,245
5,245
6,681
4,324
1,229
5,245
6,743
3,775
1,265
1,103
421
528
CAPITAL ACCOUNTS
Capital stock: Common stock
Surplus
Undivided profits
Reserves
._
Total capital accounts
Total liabilities and capital accounts
4,348
1,141
16,853
17,355
17,479
17,028
169,764
172, 850
182, 653
186, 340
9,250
8,385
8,341
7,963
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
REPORT OF THE COMPTROLLER OF THE CURRENCY
123
Assets and liabilities of national banks, by States, at date of each call during year
ended Dec. 31, 1957— Continued
VIRGINIA
[In thousands of dollars]
Loans and discounts (including overdrafts)
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
.
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve
bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of
collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing
bank premises or other real estate
Customers' liability on acceptances outstanding
Income earned or accrued but not collected
Other assets
___
Total assets.
Mar. 14,
1957
June 6,
1957
Oct. 11,
1957
Dec. 31,
1957
132 banks
132 banks
132 banks
132 banks
712,792
96
94,587
29,618
726,434
488,900
29
103,007
33,838
762,328
472,454
29
106,097
33,500
761,902
488, 738
29
111, 873
42, 512
3,218
134,302
36,149
3,248
166, 638
34,915
154,388
32,798
3,392
154,873
42,152
158,598
21,750
672
151,210
22,222
704
175,257
22,888
737
219,166
23,325
1,246
337
1,699
1,755
1,314
368
2,138
1,792
1,413
372
1,999
1,444
1,454
161
2,022
2,807
1, 679,687
1,736,757
1,768,990
1,855,104
810,961
815, 568
515,334
110
44,060
95,396
116,817
20,471
,03,149
1,
1,036,527
1
566,622
525,901
110
46,967
129,099
146,887
29,442
1,693,974
1,116,320
577,654
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
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.
785, 764
777,335
479,643
110
33,299
105,947
102,920
19,804
1,527,487
997,192
530,295
494,334
110
48,048
135, 517
100, 797
21,220
1,577,361
1,029,162
548,199
3, 710
7,800
53
7,875
910
48
39
337
6,194
5,833
522
368
6,598
5,709
362
372
7,199
6,759
271
161
7,306
7,263
1,400
1, 544,136
1, 598,246
1,625, 673
1,711,053
40,343
69,493
29,895
3,586
41,288
72,483
26,250
4,030
CAPITAL ACCOUNTS
Capital stock: Common stockSurplus
Undivided profits
Reserves
Total capital accounts.-Total liabilities and capital accounts
39, 793
67, 748
24,362
3,648
39,813
68, 528
26, 749
3,421
135, 551
138, 511
1, 679,687
1,736,757
255,996
277,063
143,317
1, 768,990
144,051
1,855,104
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other p u r p o s e s . . .
267,148
275, 444
124
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, 1957—Continued
VIRGIN ISLANDS OF THE UNITED STATES
[In thousands of dollars]
Mar. 14f
1957
June 6,
1957
Oct. 11,
1957
Dec. 31,
1957
lbank
1 bank
1 bank
lbank
ASSETS
Loans and discounts (including overdrafts)
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government._.
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 pstafp. ownfifi ot.hp.r than bank prp/mispp
Income
earned or accrued but not collected
Other assets
Total assets
_
3,446
5,807
3,438
5,552
3,486
6,540
3,934
7,437
2
2
2
2
1,125
462
12
753
371
12
803
485
13
791
504
40
6
438
6
649
9
28
27
3
31
9
10
1,045
11
15
88
13
10,943
10,606
12,005
13,853
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-__
_
2,977
2,859
2,884
3,059
4,675
4,842
4,680
4,806
97
2,490
16
63
10,818
8,687
6,681
130
2,074
16
39
9,960
8,688
6,422
105
3,548
33
42
11,292
4,611
6,781
131
5,030
34
41
18,101
6,304
7,797
56
21
25
55
21
24
54
50
44
10,420
10,060
57
20
44
11,413
13,249
200
200
74
49
200
200
97
49
225
225
85
57
225
225
104
50
CAPITAL ACCOUNTS
Capital stock: Common stock
Surplus .
Undivided profits
Reserves
_. _ __
Total capital accounts
Total liabilities and capital accounts
523
546
592
604
10,943
10,606
12,005
13,853
4,088
4,088
4,087
5,675
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
REPORT OF THE COMPTROLLER OF THE CURRENCY
125
and liabilities of national banks, by States, at date of each call during year
ended Dec. SI, 1957—Continued
WASHINGTON
[In thousands of dollars]
Loans and discounts (including overdrafts)—
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve
bank_
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of
collection
_
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing
bank premises or other real estate
Customers' liability on acceptances outstanding
Income earned or accrued but not collected
Other assets
..
Total assets.
Mar. 14,
1957
June 6,
1957
Oct. 11,
1957
Dec. 31,
1957
27 banks
26 banks
26 banks
25 banks
1,038,190
542,014
1,068,002
506,515
1,120,984
1,073,854
564,795
154,123
155,359
38,040
156,299
34,563
157,085
51,202
3,760
235,844
29,439
3,785
232,446
25,580
3,785
243,514
26,406
249,422
33,093
196,239
31,465
1,085
202,758
32,353
818
221,014
33,195
515
221,949
33,366
450
480
466
5,517
1,768
460
6,280
1,873
480
683
5,805
1,604
480
636
5,888
1,842
2,273,059
2,274,749
2,405,470
2,397,965
1,179,412
1,126,381
1,244,368
1,222,321
627,489
9
29,877
139,900
71,796
28,717
2,077,200
1,437,369
639,881
632,572
9
29,913
183,614
81,128
19,914
2,073,581
1,429,362
644,169
656,692
9
58,605
143,706
82,216
17,178
2,202,774
1,636,589
667,185
670,451
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. __
100
43,403
158,198
76,221
27,367
2,197,965
1,618,083
679,882
475
24
24
24
466
13,032
13,031
4,560
460
13,529
17,445
3,391
14,029
14,724
3,206
13,304
12,906
2,934
2,108,471
2,108,380
2,235,915
2,227,769
49,608
75,727
38,408
845
49,508
76,672
39,310
879
49,508
76,672
42,492
883
52,350
77,705
164,588
166,369
169,555
170,196
2,273,059
2,274,749
2,405,470
2,397,965
373,543
376,993
374,083
370,972
CAPITAL ACCOUNTS
Capital stock: Common stock.
Surplus
Undivided profits
Reserves
Total capital accounts
Total liabilities and capital accounts
*
39,224
917
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
_
126
REPORT OP THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of national banks, by States, at date of each call during year
ended Dec. 31, 1957—Continued
WEST VIRGINIA
[In thousands of dollars]
Loans and discounts (including overdrafts)
TJ. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve
bank
—
Reserve with Federal Reserve bank
Currency and coin
.—
Balances with other banks, and cash items in process of
collection- _
_
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Income earned or accrued but not collected
Other assets
Total assets*
Mar. 14,
1957
June 6,
1957
Oct. 11,
1957
Dec. 31,
1957
76 banks
77 banks
77 banks
77 banks
216,175
223, 533
271,161
230,055
277,326
233,341
263,019
27,601
8,160
28,050
8,654
28,741
8,485
30,984
10,702
1,365
61,231
16,741
1,395
63,661
15,992
1,421
63,114
15,106
1,438
62,092
17,934
66,571
7,004
134
331
664
64,253
7,201
131
373
766
75, 721
7,190
42
345
1,084
88,007
7,099
275
296
1,199
669,637
685,170
708,630
716,386
339,692
336,509
351,438
337,156
174,722
171
8,133
44,948
28,967
8,743
606,876
4188,765
176,611
176,843
171
18,799
49,434
30,024
7,912
619,692
Ul,077
178,616
182,411
171
21,051
47,649
30,836
7,246
640,802
466,894
18S, 908
173,455
171
16,288
60,051
38,307
22,229
647,657
472,619
176,088
1,000
50
575
1,695
4
1,381
1,850
4
1,568
1,555
495
1,705
1,822
350
1,472
2,442
585
623.364
645,254
653,851
16,756
29,647
13,003
2,400
17,006
30, 557
13.461
2,352
17,246
31,272
11. 222
2,795
LIABILITIES
Demand deposits of individuals, partnerships, and
corporations.
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
,.
Demand deposits
Time deposits
—
Bills payable, rediscounts, and other liabilities for
borrowed money
Mortgages or other liens on bank premises and other
real estate—
_
Income collected but not earned
Expenses accrued and unpaid
Other liabilities
Total liabilities. __
CAPITAL ACCOUNTS
Capital stock: Common stock
Surplus
-.
Undivided profits
—
Reserves
Total capital accounts.,
-
~_
16,256
29,194
11,774
2,473
Total liabilities and capital accounts
63,376
62,535
708,630
716,386
114,985
106,837
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
.-..
105,217
111,809
REPORT OF THE COMPTROLLER OF THE CURRENCY
127
and liabilities of national banks, by States, at date of each call during year
ended Dec. 81, 1957—Continued
WISCONSIN
[In thousands of dollars]
Mar. 14,
1957
June 6,
1957
Oct. 11,
1957
Dec. 31,
1957
96 banks
96 banks
96 banks
96 banks
716,298
556,580
706,115
544,505
751,382
571,432
743,418
604,128
88,516
47,058
89,087
44,422
91,237
49,565
2,971
168,501
23,593
2,970
176,787
21,266
2,980
171,523
19,912
3,006
172,462
28,302
200,190
14,041
172,708
14,244
462
190,291
14,920
3,972
3,182
4,002
37
57
4,025
4,437
37
57
3,866
4,145
1,827,831
1,782,383
1,864,871
1,948,047
861,184
841,803
882,953
944,935
534,945
957
27,642
101,622
138,160
22,127
1,686,637
542,879
957
30,493
75,807
133,271
18,842
1,844,05*
1,092,889
567,196
957
40,865
65,112
135,575
19,535
1,712,193
1,186,166
651,663
576,027
579,557
957
41,701
70,161
144,441
20,131
1,801,883
1,215,859
586,024.
1,250
7,000
22
32
5,004
4,867
2,647
5,363
5,565
2,493
1,706,245
1,658,813
57
6,272
9,163
2,777
1,737,494
50
35,005
35,055
63,972
18,939
50
35,055
35,105
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 Keserve
bank
__.
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of
collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing
bank premises or other real estate
Customers' liability on acceptances outstanding
Income earned or accrued but not collected
Other assets
Total assets _
15,332
395
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.
542,073
7,000
22
32
57
6,518
7,403
3,170
1,819,063
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
21,032
3,511
50
35,380
35,430
64,090
24,032
3,825
50
68,100
21,177
3,827
121,586
123,570
127,377
128,984
1,827,831
1,782,383
1,864,871
1,948,047
135,997
138,579
150,990
139,615
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
_
128
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, 1957—Continued
WYOMING
[In thousands of dollars]
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
Income earned or accrued but not collected
Other assets
Total assets.
Mar. 14,
1957
June 6,
1957
Oct. 11,
1957
Dec. 31,
1957
25 banks
25 banks
25 banks
25 banks
92,851
92,220
93,600
94,307
102,503
10,992
4,206
11,222
4,207
11,122
3,728
11,788
4,282
390
24,156
4,154
391
21,291
3,787
396
24,060
403
20,581
4,247
24,336
1,816
615
373
155
27,693
1,891
246
464
761
33,844
1,895
241
499
1,359
35,804
2,007
239
482
1,217
251,754
255,134
267,356
277,860
124,510
120,859
134,103
137,216
58,643
18
3,764
34,148
8,722
1,587
231, 392
166,504
64,888
60,374
18
4,972
61,068
18
5,618
30,323
13,184
1,534
245,848
179,390
63,356
18
5,060
36,628
13,148
1,426
256,852
187,980
68,872
94,478
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
Income collected but not earned
Expenses accrued and unpaid
_
Other liabilities
Total liabilities.
10,084
1,202
232,194
166,443
65,751
66,458
722
1,191
738
17
2,450
1,345
400
1,507
997
18
1,482
234,060
236,976
248,770
259,252
3,095
9,390
4,507
702
3,095
9,440
4,940
683
3,245
9,440
5,153
748
3,263
9,672
4,629
1,044
CAPITAL ACCOUNTS
Capital stock: Common stock...
Surplus
Undivided profits
_._.
Total capital accounts
_
Total liabilities and capital accounts
17,694
18,158
18, 586
18,608
251,754
255,134
267,356
277,860
52,954
55,925
55,225
55,761
MEMOEANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
TABLE N O . 18.—Fiduciary activities of national banks as of Dec. 31, 1957
Banks with capital stock of—
$25,000
$25,001 to
$50,000
Number of national banks with trust powers but not administering trusts
_.
Number of national banks with trust powers administering
trusts
__
Total number of national banks authorized to exercise
trust powers
$50,001 to
$100,000
$100,001 to
$200,000
$200,001 to
$500,000
$500,001 and
over
81
62
40
11
181
337
418
499
262
399
458
510
=
Total
1,476
13
72
Total assets of national banks with trust powers but not administering trusts
$9,957,222
Total assets of national banks with trust powers administering
trusts
_
__
17,458,421
$118,489,185
$386,358,792
$562,257,091
$581,791,838
$1,472,512,247
$3,131,366,375
112,794,528
1,108,756,021
2,925,563,143
7,281,890,902
88,083,793,839
99,530,256,854
27,415,643
231,283,713
1,495,114,813
3,487,820,234
7,863,682,740
Investments
Time deposits
Demand depositsOther assets
165, 520
4,913
82,128
4,220,901
225, 544
318,387
57,738
48,885,946
1,706,198
5,450,873
5,045,455
258,743,864
8, 570, 732
22,848,064
23,943,141
978, 496,933
23, 263,548
72,626,169
139, 850,399
29,802,105,832
490,206.681
927,816,622
9,764,341,177
31,092,618,996
523,977,616
1,029,142,243
9,933,237,910
Total..
252, 561
4,822, 570
61,088,472
314,105, 801
1.214, 237,049
40,984,470,312
42,578,976,765
85,764
166, 734
625,554
2,621,368
13,709,144
36,130,014
81,646,827
148,432,678
430,486,463
428,261,200
9,986,093,110
5,045,487,435
10,512,646,862
5,661,099,429
10,229,117
675,993
344, 204
60,715,326
21,485,766
1,825 204
286,738,860 22,329,004,463
53,639, 511 3,433,346.491
190,538,813
15, 111, 015
22,687,285,820
3,510,105,152
207,839,502
Total assets of national banks authorized to exercise trust
powers
_
o
o
89,556,306,086 102,661,623,229
TRUST DEPARTMENT ASSETS
E
3
TRUST DEPARTMENT LIABILITIES
Private trusts
_
Court trusts
Other liabilities:
Agency, escrow, custodian, etc., accounts..
Corporate accounts
Miscellaneous
Total..
Total volume of bond issues outstanding for which banks are
acting as trustee
1
63
598,054
957,391
20,203
252,561
4,822,570
66,500
1,399,050
61,088,472
—
9.419,905
314,105,801
1,214,237,049
40,984, 470,312
42,578,976,765
230,176,408
253,132, 257
21,549,971,060
22,044,165,180
Includes 25 banks which have been granted only certain specific fiduciary powers.
to
CO
TABLE N O . 18.—Fiduciary activities of national banks as of Dec. 31, 1957—ContinuedL
Banks with capital stock of—
$25,001 to
$50,000
$25,000
$100,001 to
$200,000
$50,001 to
$100,000
$200,001 to
$500,000
$500,001 and
over
Total
TBUST DEPAKTMENT LIABILITIES—Continued
Number of national banks administering personal accounts:
Voluntary, private or living trusts
Court accounts
.
Agencies, escrows, custodianships, etc
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. Number of national banks acting as registrar.!
Number of personal accounts being administered:
Voluntary, private or living trusts
Court accounts
Agencies, escrows, custodianships, etc
Total
Number of corporate accounts being administered:
Bond or debenture issues .
. Paying agencies
.
Depositories and other miscellaneous corporate accounts
Total
16
29
3
132
159
48
284
299
6
1
106
24
1
41
7
13
3
11
12
18
56
165
890
2,390
5
30
485
484
454
376
306
712
433
19
14
17
181
95
60
41
53
210
247
241
304
305
323
199
3,485
8,274
1,277
13,537
17,935
6,316
116,631
84,655
75,119
134,611
113,437
82,916
226
3,479
13,036
37,788
276,405
330,964
13
9
1
3
64
15
21
549
155
35
641
401
198
7,563
23,328
5,932
8,839
23,900
6,189
13
13
100
739
1,240
36,823
38,928
3
21
64
3,353
3,441
11
25
83
3,210
3,330
39,175
319,791
376,663
2
2
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
1,300
1,356
378
379
289
5
6
1
43
240
3,593
156
13,821
950
o
o
TABLE N O . 19—Fiduciary activities of national banks by Federal Reserve districts as of Dec. Sly 1957
Federal Reserve districts
Number
of banks
exercising
fiduciary
powers
Number
Total
with aunumber Total banking
thority authorized assets of banks
but not to exercise authorized to
exercising fiduciary exercise fidufiduciary
ciary powers
powers
powers
Personal account liatilities
Living
trusts
Court
accounts
All other
liabilities
Agency,
escrow,
custodian,
etc.
Total
liabilities
o
Boston
New York
Philadelphia..
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis..
Kansas City..
Dallas
San Francisco
139
177
195
98
136
117
220
106
40
103
95
41
170
195
199
111
160
142
250
128
63
136
113
47
Total...
1,476
1,714
$685, 291,862 $1. 880,106, 604
$5, 640, 408, 695 $622, 933,149
522,333,094
473, 519,896 1,198,381,188
13,456, 610,458
4,470, 631, 971
274,005, 549
375, 949, 717
472, 792, 246
8,052, 320, 528 2, 298, 841, 529 1,013,558,024
2, 230,137.878
5,035, 378,126
499,053,407
408,300, 237 1,086, 220,679
7, 467,198,115
619, 698, 949
462,084, 246 1, 742,889, 298
8, 770,165, 315
16, 528, 476,182 2, 314,676, 695
611,362,938
3, 746, 660, 244
195, 227, 329
114,822, 553
158, 233,969
2, 695,184,061
249, 988, 312
172, 397, 955 1,417,320,088
5, 291, 720, 502
502, 321, 217
182,385, 487 1,574,602,001
7, 673,805.888
814, 675, 905
99, 616,190
264, 997,869
22, 603, 228,459 1, 598,891, 727 1,061,810, 324 1,891, 438, 685
102,661,623.229
10,512,646,862
5.661,099,429
22,687,285,820
Number of
corporate N u m b e r of
Bond and deTotal
trust bond all other number of benture issues
accounts
Agency,
issue acoutstanding
accounts
counts be- being ad- being ad- where bank
escrow,
custodian, ing admin- ministered 2 ministered acts as trustee
istered
etc.
Number of personal accounts
Federal Reserve districts
Boston
New York
Philadelphia..
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis. _
Kansas City..
Dallas
San Francisco
Total__.
Living
trusts
Court
accounts
7,
15,414
8,067
9,022
17, 437
13,460
11, 231
6,781
15, 753
4,047
4,804
3,977
2,958
15,900
5,657
5,795
1,999
5,551
5,161
6,364
21,101
1,268
6,090
13, 761
1,950
8,219
321
371
547
944
386
922
1,821
1,641
394
555
433
504
1,374
4,377
474
2,642
823
4,120
9,765
1,712
350
4,812
4,019
2,392
22, 277
23,561
28,791
33, 780
25,888
26,529
9% 943
11.883
15, 544
29, 995
17.043
42.429
$758,636, 535
4,092,438,051
415, 719, 505
2, 743,172,489
747, 622,848
1, 538, 277,366
5,940, 210, 723
835,818,988
466,141,112
1,062,493,955
1,113, 847, 392
2, 329, 786, 216
134,611
113, 437
82, 916
8,839
36,860
376,663
22,044,165.180
6,858
3,996
8,334
11,183
8,287
8,342
50,503
3,215
3,90R
1 Includes 25 banks which have been granted only certain specific fiduciary powers.
Corporate paying agency, depository, registrar, transfer agency, etc.
2
$143,333, 484 $3, 331, 665,099
507, 701, 314 2, 701, 935,492
104, 460, 783 1, 227, 208, 295
699, 632, 321 6, 242,169, 752
95, 309, 471 2,088,883, 794
3,088,210,369
263, 537,876
663,627,973
12, 359,832,921
652, 566, 563
184, 282, 712
2, 209. 734, 236
370,027, 881
2,439, 977, 536
180, 668,831
1,334,141,077
154, 851,113
4,902,651, 631
350, 510,895
3,717,944,654
Common trust funds
Number
of funds
Ledger
value of
assets in
cash
42, 578,976, 765
Trust department
gross earnings for
year ended
Dec. 31,
1957
17
$41,932,404
5, 734, 535
24,943,070
72, 728,725
41,496,810
29,918,801
34, 780, 551
7,646,384
14,435, 442
23, 842, 661
28,863,874
106, 498,876
$10,224,000
10,683,000
4,525,000
15,596,000
7,100,000
8,173,000
27,953,000
2,506,000
4,519,000
5,402,000
6, 799,000
25,953,000
165
432,822,133
129,433.000
H3
^
§
£
TABLE NO. 20.—Classification of investments under administration by the active national bank trust departments, Dec. 31, 1967
Trust department investments classified according to capital stock of banks administering
trusts.
Banks
Banks
Banks
Banks
Banks
Banks
with
with
with
with
with
with
Percent
Bonds
Stocks
Percent
Real-estate
mortgages
Percent
Percent
Heal estate
Miscellaneous
Percent
Total investments
$37,355
capital stock of $25,000
$95,415 57.58
1,359,254
capital stock of $25,001 to $50,000
2,180,211 51.65
20,438,013
capital stock of $50,001 to $100,000—
17,391,037 35.57
101,660,171
capital stock of $100,0olto $2oO,OOO
101,162,427 39.10
capital stock of $200,001 to $500,000.._
308,443,014 31.52 453,165,378
capital stock of $500,001 and over
18,775, 551,253 63.00 7,666,554,529
22.42
$31,750
32.20
71,744
41.81
4,428,067
39.29
24,192,563
46.31
76,338,066
25.72 1,241,356,994
19.39
$1,000
1.70
509,087
9.06
4,634,341
9.35
22,818,591
7.80
74,651,386
4.17 1,051,163,130
.61
100,605
12.06
1,994,488
9.48
8,910,112
8.82
65,899,089
7.63
3.53 1,067,479,926
$165,520
4,220,901
2.39
48,885,946
4.08
258,743,864
3.44
978,496,933
6.74
3.58 29,802,105,832
61.77 8,243,214,700
26.51 1,346,419,184
4.33 1,153,777,535
3.71 1,144,384,220
3.68 31,092,618,996
Total
19,204,823,357
TABLE N O . 21.—Fiduciary activities of national banks by States as of Dec. 81, 1957
Number
of banks
exercising
fiduciary
powers
Location
Alabama
Alaska _.
Arizona
Arkansas
California
Colorado _
_
._
-
Delaware
District of Columbia
Florida
Georgia—
Idaho
Illinois
Iowa
Kansas ._
Kentucky
Louisiana
Maine
._
_ .
Number
with authority
but not
exercising
fiduciary
powers
23
4
2
18
13
20
21
4
5
35
17
10
3
98
86
34
27
47
18
23
Total
Total banking
number
authorized assets of banks
to exercise authorized to
fiduciary
exercise fidupowers
ciary powers
1
6i
33
4
2
21
13
30
22
4
5
36
23i
$1,175,027,888
110,609,775
753,116,289
456, 522,926
16,328,192,146
991,416,184
1,144,885. 636
23, 598, 640
912.679,665
2,082,781,185
1,357.142,329
1
15
8
14
7
6
1
2
4
113
94
48
34
53
19
25
443.833, 755
9, 237,178. 652
2, 649, 085.936
839, 249, 288
832,479, 603
760,908,398
1, 794,677,876
297, 613,178
3
10
1
949 "IV7 777
$177,717,696
646,295
Court
accounts
$65,056,685
1,419, 763
(i)
to
s
o
o
Personal account liabilities
Living
trusts
CO
Agency, escrow,
custodian, etc.
All other
liabilities
$395,370,995
36,407
1
$33,022,078
62,354
C)
o
1
0)
48,134,349
1,077,272,105
139,345,649
238,249,248
401, 675
140,049,329
208,732,463
103,521,685
12,916,803
895,148, 582
45, 233,908
286, 217,108
2, 406,367
13,092,830
176,350,077
140, 414,178
6,884,100
1,490,744.850
296,247.010
402,567,041
61,894
263,987,112
545,053,447
294,862,044
8, 295,442
294,782.179
13, 738,320
4,437,983
2,724
2,508, 504
55,338,447
107,663,105
7,238,439
1, 579, 404,976
236,006, 477
34,197,392
47,942,368
29.349,059
54,607,523
32,820,598
5, 403, 825
156, 698, 927
201,733, 234
37,986.613
26,590,360
44,159.041
16,376,410
40,384,347
256,600
7,426, 210,164
208.193,901
34.696,008
232,577,464
11, 566,648
323,829, 252
82,982,733
218,272
408,194,109
78, 276,994
1, 588,126
1,879,856
6,666,820
60,168,167
8,555,228
o
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 D a k o t a . _.
Tennessee
Texas
Utah
Vermont
Virginia
___.
Washington
West Virginia.—
Wisconsin
Wyoming
Total
See footnotes at end of table.
14
64
20
20
16
26
8
9
2
20
100
5
111
23
5
41
20
3
178
2
10
6
25
90
1
16
64
13
23
30
13
1,476
18
79
23
24
18
32
10
16
3
31
112
8
118
26
7
47
26
4
183
2
16
9
31
104
3
18
71
13
27
37
14
238
795,077,301
3, 620, 712, 947
3, 825, 576,343
1, 963,170,303
290, 919,870
2,084, 771,312
229, 925, 557
716, 292, 483
250, 523, 656
234,835, 992
3,356, 954,377
313, 742, 922
10, 586, 345, 763
661, 756, 237
113,028,047
4, 279,107,145
1, 438,394,359
1, 712,125, 779
7,115,078, 689
494,848,197
561, 376, 230
241, 294,963
1, 946, 799, 715
7, 279,858,015
418, 775,186
140,972,382
1, 604, 737,906.
2,343,314,096
525, 535, 510
855, 611,190
226,423,631
8 1, 714 102, 661, 623, 229
131, 534,067
301, 787, 589
402, 588, 421
227,143,468
10, 464, 526
200,043,824
6,191, 626
45, 538,348
2 69, 746, 781
12,013,012
108, 872,805
17, 688,419
400, 951, 541
31,080,336
5, 245,066
739, 621, 551
85, 715, 570
140,826, 889
1,800, 422,042
(3)
51, 762,423
7, 200, 742
138, 201, 715
790, 284, 980
44, 860, 986
257, 782,384
150, 221, 323
147, 759, 762
7, 850, 981
45, 676, 504
2,048, 958
42,035, 727
2 58,440,085
19, 899, 361
231, 752, 688
4,404,114
253, 781, 563
50, 349, 372
7,020,378
378,971,362
22, 629,096
42, 662, 791
928, 235,190
(3)
45, 677, 421
9,396,334
114,336,387
91, 361,225
204,437,102
1, 289, 894,117
832, 725, 899
1,394, 822,015
3, 629, 225
517, 943, 526
6,108,012
228,156, 880
2 96,040, 281
21, 229,198
929, 768,121
17, 324,306
553, 629, 610
32, 540, 899
9, 906, 694
775,076, 551
367, 511,374
163,940, 613
1,597, 633,985
(3)
51, 734,959
5,638,154
216,950, 522
250,891,986
* 70,099,155
113, 474,368
303,161, 218
32,878,910
103,438, 702
9,031,442
4 123, 624,903
210,183,038
58, 735, 278
49, 761, 288
90,015, 712
4,036,160
10, 512,646,862
5, 661,099,429
* 124,867, 538
519, 599, 287
140,419,934
14, 696,237
283,030, 772
21,010,353
22, 687, 285,820
0)
0)
0)
48, 741,860
127, 827,355
177,175, 296
367,139, 722
483, 295
86, 399, 992
1, 809,009
12, 380, 565
2 10, 612,392
309, 984
38, 776, 659
1,019, 359
473,837, 595
4, 366,042
146, 488
355, 458, 513
85, 449, 464
6,402, 399
442,007, 719
(3)
7, 898, 936
375, 738
149,940, 946
154,157, 706
4 2, 993, 751
30, 568,139
38, 433, 299
1,318, 768
6, 293,355
221,600
O
ft)
o
3,717,944,654
3
O
w
o
00
CO
TABLE NO. 21.—Fiduciary activities of national banks by States as of Dec. 31, 1957—Continued
CO
Trust deNumber of
corporate Number of Total num- Bond and de- partment
ber of ac- benture issues gross earntrust bond all other
outstanding
ings for
accounts counts beissue acAgency,
counts be- being ad-6 ing admin- where bank year ended
escrow,
acts as trustee
Dec. 31,
istered
custodian, ing admin- ministered
1957
istered
etc.
Number of personal accounts
Location
Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
District of ColumbiaFlorida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North C arolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
Total liabilities
$671,167,454
2,164,819
0)
76, 230, 694
3,757, 947,716
494. 564,887
931,471,380
2,872,660
419, 637,775
985,474,434
646,461,012
13,117,136
9, 570, 508,176
724,210,606
108,468,139
308.990,048
91, 741, 568
454,981,352
164, 742,906
429,574,015
1,977. 291,445
1, 562, 710,939
2,136, 864,967
22,428,027
850,063,846
16,157, 605
328, 111, 520
2 234,839, 539
53, 451, 555
1,309,170,273
40,436 198
1,682.200,309
118,336,649
22,318,626
2,249,127,977
561,305,504
353,832,692
4,768,298,936
Living
trusts
1,944
1 18
C)
Court accounts
(0
645
23
388
8,761
1,563
2,260
18
1,626
2,658
1,367
1,049
11,661
1,833
4,035
94
208
2,223
1,946
187
42, 582
3,460
768
1,034
579
840
484
1,597
3,430
2,999
3,220
350
2,817
150
882
2 992
290
1,804
374
2,227
698
271
4,886
806
1,942
13,860
682
7,233
4,588
787
461
1,823
862
774
875
2.435
2,215
3,661
253
498
58
506
21, 375
276
3,729
164
5,853
2,252
359
4,160
368
751
24,477
1,086
1
0)
115
5,550
1,667
2,445
3
815
2,025
1,039
35
14,064
2,352
622
5,338
251
1,418
441
952
2.428
2,653
5,316
52
1,511
576
1.578
2 527
128
2,235
683
3,398
190
47
3,721
1,747
791
3,380
0)
380
9
1,127
3
(0
5,182
54
(0
$212,293,143
983, 280
0)
$1, 603,000
43,000
0)
34
169
113
332
1,539
251
449
105
306
1,045
3,188
27,859
5,4^6
9,238
115
2,788
7,381
5,510
226, 632, 413
2,152,998,360
91, 450, 475
110,363, 734
201,906, 579
414, 303, 852
502,883,181
28
1,056
326
56
98
54
157
78
41
160
101
318
11
149
19
110
2
48
8
99
2
289
195
40
643
143
31
809
13
8,541
333
53
76
124
1,435
255
147
460
691
321
42
1,378
9
58
2 306
20
517
83
3,922
31
3
2,047
3,136
132
951
945
73, 476
11, 059
2,286
7,007
2,831
4,712
2,032
3,612
8,963
8.659
12, 836
708
6,353
812
3,134
2
3, 248
722
8,384
1,306
15,689
3,366
720
15,457
6,200
3,647
43, 477
10, 825, 535
114,000
4, 982, 545,183 19, 279,000
496, 595, 725 2,911,000
16,043,341
604,000
116,806,314
604,000
52, 297,100
564,000
257, 548, 705
652,000
126,684, 362
616,000
201,127,145
1, 230.000
497.071, 275
4, 878,000
377.308, 794
4, 282,000
278, 725, 297
4,145,000
2, 613, 450
111, 000
435, 251, 256
2,236,000
13,215, 075
62,000
226,127, 936
729,000
2
44,097, 714 2 1. 211,000
3, 599,490
197,000
148, 748,694
3,025,000
137,000
421,000
7, 722,000
3,981,189,282
665,000
161,671,435
107,000
171,303, 540
6, 452,000
880,389,109
1,041,000
574,049,241
1, 622,000
19, 906,871
2,198, 587,160 12, 693,000
1,304
298
102
49
328,000
20, 638,000
1, 410,000
3,871,000
18,000
1, 286,000
2, 942,000
1,977,000
o
ft)
3
O
3
8
g
h3
3
O
F
F
W
O
3
O
South Carolina
South Dakota..
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming
Total
1
2
3
157,073,739
22,610,968
619,429, 570
1,286,695,897
4 321, 585,347
873,824,832
540,749,729
98,655,203
482,778,541
34,299, 555
42,578,976,766
792
164
2,159
7,434
(0
4 860
2,636
3,514
979
1,706
235
134,611
859
431
1,635
2.732
0)
4 1,220
5,142
1,408
1,993
2,437
338
113,437
556
97
1,208
1,790
0))
0)
4 734
2,357
1,315
295
1,800
1,584
26
7
277
425
4 33
76
90
15
343
20
234
11
1,363
3,825
1
2,467
710
6,642
16,206
4 223
289
349
17
253
5
4 3,070
10,500
6,676
3,299
6,539
2,182
C)
8,839
82, 916
376, 663
88,072,083
819,700
357,120,808
1, 111, 176, 582
582,000
125,000
1,640,000
6,610,000
4 22,312, 774 4 1,242,000
2,856,000
84,969.205
2,325.000
100, 974,456
524.000
10,017, 601
1,436,000
78.874,275
88,000
1,284,650
22,044,165,180
129,433,000
4
Included with figures for the State of Nevada.
Includes figures for 2 banks in Arizona and 1 bank in Utah.
Included with figures for the State of Vermont.
Includes figures for 2 banks in Rhode Island.
* Includes 25 banks which have been granted only certain specific fiduciary powers.
• Corporate paying agency, depository, registrar, transfer agency, etc.
TABLE No. 22.—General comparative figures of fiduciary activities
Number of
banks ex- Aggregate trust
ercising
department
trust
liabilities
powers
December 31—
1928
1951
1962
1963
1954
1966
1966
1957
_
___
_
—
__
1,685 $3,297,310,000 $7,978,389,000
1,512 36,136,628,000 14,560,664,000
1,513 39,665,972,000 16,051,953,000
1,513 43,150,202,000 17,625,838,000
1,603 47,938,669,000 19,486,675,000
1,480 37,187,831,000 17,358,441,000
1,486 39,000,160,658 19,200,708,415
1,476 42,578,976.766 22,044,165,180
i Includes agency accounts in 1928.
* These figures were not developed at that time.
Number of accounts
Common trust funds
Outstanding
bonds and
debentures
Gross trust
department
earnings
$16,166,000
75,130,000
80,627.000
85,990,000
100,761,000
103,033,000
116,845,000
129,433,000
Number
Amount
(2)
60 $187,392,016
71
213,929,020
88
276,970,954
105 3 320,964,835
130
382,397,189
165 432,822,133
Fiduciary Agency,
etc.
153,853
171, 589
184,125
194,231
207,157
214.383
231,991
248,048
78,171
72,725
77,473
82,032
74,832
79,327
82,916
Corporate
trust, bond
and debenture
issues
9,923
7,217
7,611
8,011
8,056
8,381
8,839
Other
accounts
g
8
33,893
37,370
38,396
34,543
35,103
36,860
a
a Revised*
00
TABLE N O . 23.—Earnings, expenses, and dividends of national banks for the year ended Dec. 31, 1957
G
[In thousands of dollars]
Earnings from current operations
Number of
banks 1
Location
Malne.New TT&TTipshirfl
Vermont
Massachusetts
Rhode Island
Connecticut
-
.
-
-
- -
Total New England States
New York
New Jersey
Pennsylvania
Delaware
Maryland
Pfsfrfot nf noTnmhia. ..
.
._
Total Eastern States
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida.
Alabama
Mississippi
Louisiana
_
Texas
Arkansas
Kentucky
Tennessee.
_
__
..
-
. . .
Total Southern States
Interest and dividends
on securities
U. S. Government obligations
Other securities
30
50
33
109
5
34
1,996
1,601
1,251
20,090
3,077
7,768
571
497
334
4,804
1,267
2,425
261
35,783
9,898
275
169
498
7
56
7
59,459
26,530
52,147
293
7,886
7,185
21,957
10,569
21,403
74
1,922
904
1,012
153,500
56,829
132
77
45
26
52
98
69
27
41
457
55
88
74
12,050
6,759
4,409
4,312
8,312
21, 525
8,828
2,115
15,387
50,962
3,957
6,959
12,287
3,606
864
936
956
2,401
4,769
3,412
943
3,142
15,005
1,800
1,779
3,712
1,241
157,862
43,325
Interest
and discount on
loans
8,982
7,474
4,917
92,514
13, 598
26,730
Service
charges
and other
fees on
banks'
loans
Other service
charges, comService
charges on
missions,
Trust
deposit
fees, and col- departaccounts lection and
ment
exchange
charges
Other
current
earnings
Total earnings from
current
operations
291
283
147
7,955
966
1,454
13,482
11,447
7,494
145,620
21,395
46,953
57
39
44
787
80
307
735
1,129
543
8,484
1,074
3,309
234
227
101
6,108
248
1,089
616
197
157
4,878
1,085
3,871
154,215
1,314
15,274
8,007
10,804
11,096
246,391
268,354
80,161
191,579
708
18,070
17,427
6,309
716
2,020
2
203
161
19,583
9,770
10,326
42
1,959
1,807
7,099
1,940
3,946
15
356
419
7,722
3,025
12,693
18
1,230
1,286
23,569
2,883
7,679
9
1,161
604
414,052
135,594
301,793
1,161
32,787
29, 793
576, 299
9,411
43,487
13,775
25,974
35,905
915,180
42,600
14,006
17,869
13,303
38,123
52,039
30, 977
6,541
35,406
182,002
11,010
17,366
48,590
420
140
374
38
533
1,183
1,000
14
302
2,176
28
304
389
3,550
902
1,921
1,837
3,900
6,534
2,851
872
3,499
11, 721
1,206
1,398
2,558
972
364
711
791
1,927
1,991
977
572
1,371
4,211
554
217
1,793
2,856
524
665
582
1,977
2,942
1,603
111
652
6,610
328
564
1,640
1,509
839
894
392
2,382
3,728
1,675
764
2,748
16,658
664
678
2,145
67,563
24,398
27,779
22, 211
59, 555
94, 711
51,323
11,932
62, 507
289,345
19,547
29,265
73,114
509,832
6,901
42, 749
16,451
21,054
35,076
833,250
S
s
o
o
i
d
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
_.
229
124
394
75
96
178
96
76
43,685
23,134
89, 598
35, 426
14,056
16,318
7,491
14, 730
9,182
3,872
22, 768
7,665
3,308
5,759
1,878
3,260
110, 957
53,405
226,313
94,022
35, 768
62, 814
17, 967
44, 451
1,376
595
3,564
1,545
400
937
131
259
9,774
4,525
14, 771
7,185
2,765
6,015
1,881
2,399
2,412
1,135
7,078
2,528
823
3,919
714
545
6,452
2,911
19, 279
4,282
1,436
4,145
604
2,236
7,205
3,756
10,280
2,863
2,008
2,796
846
1,300
191,043
93,333
393, 651
155, 516
60,564
102, 703
31, 512
69,180
1,268
244, 438
57, 692
645, 697
8,807
49,315
19,154
41,345
31,054
1,097, 502
38
34
123
169
41
25
76
26
197
3,127
2,856
8,019
10,195
3,550
2,354
9,621
3,724
13,961
661
625
2,128
3,059
777
398
1,333
400
4,164
7,204
8,350
22,144
21,274
8,789
5,653
26, 419
9,665
41,446
113
119
51
157
196
110
426
82
236
935
1,005
2,276
3,025
1,212
722
3,619
1,211
4,151
738
763
613
592
481
347
645
574
881
107
125
729
604
62
88
1,410
137
1,041
333
268
1,316
1,524
746
284
996
430
2,898
13,218
14, 111
37,276
40,430
15,813
9,956
44,469
16,223
68,778
729
57,407
13, 545
150,944
1,490
18,156
5,634
4,303
8,795
260,274
O
25
12
48
9
7
3
3
14, 034
10, 966
93,120
4,070
2,445
2,111
3,523
5,108
3,939
31, 587
481
621
542
1,239
60,709
42,183
432,351
10,998
10,165
5,859
23,048
1,166
576
13,011
241
524
214
1,015
9,731
6,220
52,089
1,772
1,118
583
2,612
2,432
1,310
10,422
384
406
129
761
2,325
1,622
20,638
114
153
337
721
2,296
1,348
18,388
427
87
258
1,743
97,801
S
68,164
671,606
18,487
15,519
H
5J
O
t4
10,033
£
107
130,269
43,517
585,313
16,747
74,125
15,844
25,910
24, 547
Hrl
g
Q
2
O
brj
H
M
£j
34,662 gj
916,272
^
4,268,869
^
Total United States (exclusive of possessions)
129,390 146,473
224,806 2, 622,300
779,259
78,865
4,618
44, 670
243,106
Alaska (member and nonmember banks)
6,560 £]
101
341
43
7
1,303
3,508
587
210
467
1
1,414
351
5 128
175
484
195
178
7,925
H
The Territory of Hawaii (nonmember bank)
432
&
1
1
159
63
200
9
Virgin Islands of the United States (member bank)
43
280
9
2,876
8,836
845
14,917 J2
561
516
960
Total possessions
_
_
4,283,786
^
129,433 146,753
782,135
244,066
79,710
4,627
225,367 2, 631,136
45,186
Total United States and possessions
232,378
S
20,402
5,610
29,398
152,704
3,209
3,877
2
12, 575
4,603
222,223
g
11
37,830
10,902
142,579
1,953
2,059
4,151
16,538
6,211
New York City (Central Reserve city)
181
306,965
95, 672 1,205,046
22, 991
107,972
33,485
68,990
64,434
1,905,555
Q
Chicago (Central Reserve city)
4,426
405,285
105,659 1,122,455
16, 557
128, 524
37,431
38, 252
55,438
1,909,601 *<
Other Reserve cities
7
2,657
559
8,352
476
908
766
43
268
14,029
Country banks (member banks) 2
Possessions (nonmember banks)
1
3
Number of banks as of end of year, butfiguresof earnings, expenses, etc., include
Includes 1 member bank in Alaska and 1 member bank in the Virgin Islands of the
hose banks which were In operation a part of the year but were inactive at the close of
United States.
reear.
TABLE N O . 23.—Earnings, expenses, and dividends of national banks for the year ended Dec. 31, 1957—Continued
00
00
[In thousands of dollars]
Current operating expenses
Salaries and wages
Location
Amount
Maine
New Hampshire,
VermontMassachusetts...
Rhode Island
Connecticut
Total New England States..
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia..
Total Eastern StatesVirginia
West Virginia. __
North Carolina _
South CarolinaGeorgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas...
KentuckyTennessee
Total Southern States..
Ohio._._
Indiana.
Illinois. _
Employees other
than officers
Officers
1,438
1,460
839
12,011
1,443
5,131
Number i
Amount
199
219
134
1,265
166
464
2,576
2,015
1,296
29,102
3,735
10,831
Numbers
908
738
482
9.294
1,333
3,360
Fees paid
to directors and
members
of executive, discount and
advisory
committees
Interest Interest
on time
and
deposits discount
(includon
ing
borsavings
rowed
deposits) money
138
160
106
649
93
307
2,102
976
2,017
7,950
5,277
4,499
70
78
13
955
141
327
Taxes
other
than on
net
income
263
123
3,442
811
Recurring
depreciation on
banking
house,
furniture
and
fixtures
Other
Total
current current
operatoperating
ing
expenses expenses
209
247
178
3,081
472
1,005
2,419
2,523
1,313
23,961
3,065
9,122
9,345
7,722
5,885
81,151
15,037
32,205
Net
earnings
from
current
operations
4,137
3,725
1,609
64,469
6,358
14,748
22,322
2,447
49,555
16,115
1,453
22,821
1,584
6,015
5,192
42,403
151,345
95,046
28,187
12,399
25,957
127
3,046
3,126
2,727
1,439
3,177
26
380
265
72,040
27,214
50,929
157
5,982
5,971
20,131
8,730
15,719
53
2,041
1,809
1,429
1,229
2,645
22
253
223
60,555
26,663
44,796
243
4,517
4,054
523
1,974
1
208
147
6,150
4,613
7,442
23
1,103
1,162
6,449
3,771
6,815
38
545
759
70,310
21,863
41,478
133
5,190
4,041
249,028
98,275
182,036
744
20,844
19,483
165,024
37,319
119,757
417
11,943
10,310
72,842
8,014
162,293
5,801
140,828
6,761
20,493
18,377
143,015
570,410
344,770
6,959
2,632
3,451
2,643
5,825
8,594
5,485
1,526
5,766
31,782
2,789
3,528
7,066
955
357
393
331
624
986
614
191
551
3,601
370
527
842
11,050
3,747
5,236
4,695
11,527
18,224
9,300
2,248
11, 505
45,122
3,213
4,790
12, 543
3,948
1,252
1,711
1,751
3,817
6,313
3,237
805
3,764
14,446
1,175
1,780
4,343
542
262
160
134
296
528
260
129
356
,605
225
302
298
11,790
3,185
2,664
1,663
5,644
278
42
238
34
596
442
166
5
648
1,311
29
100
482
1,839
567
608
265
2,509
2,119
519
481
3,385
15,168
551
1,081
2,636
1,705
574
689
558
1,583
3,180
954
364
1,135
6,697
477
537
1,429
9,723
3,418
4,882
4,433
13,007
43,886
14,427
17,928
14,425
40,987
62,673
32,033
46,654
3,663
4,703
11,703
39,700
175,804
13,125
18,070
47,717
23,677
9,971
9,851
7,786
18,568
32,038
19,290
2,993
22,807
113,541
6,422
11,195
25,397
88,046
10,342
143,200
48,342
5,097
4,371
31,728
19,882
140,451
529,714
303,536
16,409
9,084
30,997
1,750
1,039
3,026
33,836
18,043
68,203
10,149
5,751
19,375
1,103
544
1,769
214
5,030
7,955
3,973
8,906
3,554
1,723
4,494
30,223
14,942
56,367
116,090
59,718
220,717
74,953
33,615
172,934
12,728
6,497
1,274
7,262
27,465
2,178
3,029
11,560
22,327
11,195
44,951
16,858
8,852
2,912
9,643
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
Trtal United States (exclusive of possessions). Alaska (member and nonmember banks)....
The Territory of Hawaii (nonmember bank)
Virgin Islands of the United States (member
bank)
Total possessions
Total United States and possessions..
New York City (Central Reserve city)
Chicago (Central Reserve city)
Other Reserve cities.
Country banks (member banks) 3
Possessions (nonmember banks)
10,787
6,4S0
10,791
4,456
6,548
907
677
1,233
551
695
33, 717
11, 580
1.9,275
5.044
12,877
9,324
4,028
6,214
1,759
4,078
486
369
583
221
362
22,099
9,808
13, 264
3,991
5,683
1,406
191
1,680
156
186
5,142
983
1,343
784
1.121
2,617
1,273
1,409
504
1,021
24,106
9,427
18,276
5,918
12,068
100,360
40,121
66,621
21,074
39,866
55,156
20,443
36,082
10, 438
29,314
95,562
9,878
202, 575
60, 678
5,437
133,318
9,546
30, 207
16, 595
171,327
664, 567
432,935
1,511
1,975
5,570
6,037
1,770
1,259
4,842
1,766
8,945
203
272
682
844
227
156
583
200
1,191
1.979
2,059
6,312
6.279
2,698
1,609
8,171
3,256
10,724
757
833
2,193
2,225
950
489
2,653
1,110
3,537
82
71
334
385
78
93
349
79
363
1,937
1,956
1,329
3,400
1,942
1,560
5,994
1,788
6,184
15
33
396
137
43
30
227
16
856
225
194
903
1,169
890
243
509
491
727
258
277
609
772
388
257
765
449
1,472
2,150
2,417
7,016
7,031
2,704
1,328
7,281
2,710
11, 704
8,157
8,982
22,469
25,210
10, 513
6,379
28,138
10, 555
40,975
5,061
5,129
14.807
15,220
5,300
3,577
16,331
5,668
27,803
33,675
4,358
43,087
14, 747
1,834
26,090
1,753
5,351
5,247
44,341
161,378
98,896
9,831
7,342
46,928
2,106
1,142
1.182
3,643
1,102
959
5,436
236
151
158
418
21,180
13,598
128,969
3,097
2,408
1,945
7,390
6,119
3,826
35,134
1,078
874
600
2,340
205
119
546
52
64
11
63
15,037
13,928
171, 765
3,860
2,842
1,662
4,068
207
256
3,151
19
81
136
1,687
1,116
18,104
256
110
312
631
2,517
1,412
7,877
520
239
214
962
15,183
8,708
76,885
2,653
2,480
1,194
7,149
65, 847
46, 479
454, 225
12, 563
9,366
6,520
24,042
31,954
21, 685
217,381
5,924
6,153
3,513
10, 620
72.174
8,460
178, 587
49, 971
1,060
213,162
3,850
22,216
13, 741
114,252
619,042
297,230
384,621
43,499
779,297
238.336
20, 682
633,158
27, 865
116,010
79,034
655, 789 2, 696,456 1, 572, 413
857
723
73
70
1.574
1,499
364
431
21
23
628
1,840
6
116
179
251
182
4,694
5,747
1,866
2,178
36
3
100
41
2
151
4
3
36
332
100
1.616
146
3,173
836
46
2,619
6
299
436
2,578
10,773
4,144
386.237
43, 645
782,470
239,172
20. 728
635, 777
27,871
116,309
79, 470
658,367 2, 707, 229 1,576,557
10,884
11,044
141,43ft
221,373
1,501
605
731
13,716
28,458
135
39. 234
37, 446
366, P83
335,849
2,958
9,410
9.655
105. 450
113, 885
772
132
232
3, 438
16,884
42
22, 650
17,806
2P4, 726
298.089
2,416
3,129
4,700
14, 874
5,162
6
2,879
4,716
56,068
52,359
287
2,232
1,173
28,121
47, 536
408
39,049 120,189
27,792 104, 999
271, 8<>8 1,177, 543
317,211 1, 294, 463
2,417
10,035
1 Number at end of period.
2 Number of full-time and part-time employees at end of period.
1,247
1,295
112,189
117,224
728,012
615,138
3,994
3
Includes 1 member bank in Alaska and 1 member bank in the Virgin Islands of
the United States.
CO
TABLE N O . 23.—Earnings, expenses, and dividends of national banks for the year ended Dec. 31, 1957—Continued
[In thousands of dollars]
Recoveries, transfers from valuation reserves, and profits 1
On securities
Location
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
TransTransProfits
Recov- fers from on secu- Recov- fers from
valuarities
eries
eries
valuation
sold or
tion
reserves
reserves redeemed
. _
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 _
_
.
Total Southern States
All
other
Total
recoveries,
transfers
from valuation
reserves
and profits
On loans
On securities
Losses Transfers
to valuand
ation
chargereserves
offs
Losses
and
chargeoffs
Transfers to
valuation
reserves
87
25
363
614
143
4,560
20
2,403
181
171
110
2,082
171
866
All
other
Total
losses,
chargeoffs, and
transfers
to valuation
reserves
1,303
1,469
451
14,558
1,690
4,778
20
85
29
89
13
660
1
232
76
30
166
26
1,319
34
513
502
74
48
30
95
138
39
288
710
1,024
453
1,736
2,088
6,299
9,798
2,343
424
8,103
3,581
24,249
173
67
172
10
222
978
16
1,256
776
1,097
3
82
104
339
205
787
4
41
76
201
204
763
810
1,073
932
4
40
53
2,789
2,547
4,729
11
319
234
9,416
6,949
8,958
49
667
204
1,591
580
7,374
428
185
540
10
75
127
28,889
5,099
13,483
638
928
1,510
1,380
3,742
3
505
227
41,834
14,193
34,097
66
2,019
1,486
509
1,226
3,318
1,452
1,212
2,912
10,629
26,243
9,679
1,365
49,041
7,367
93,695
6
1
99
647
115
3
26
260
1,227
58
182
150
121
69
38
14
29
251
161
70
156
1,973
104
85
43
24
61
610
11
75
103
62
22
1 055
1,175
111
212
21
187
51
183
47
199
1,263
140
66
434
884
35
75
159
1,938
296
1,343
142
913
2,232
1,159
225
2,514
6,555
615
1 326
1,427
1,704
751
926
417
372
2,718
1,231
171
1,170
5,080
893
575
1,414
450
12
54
33
9
64
14
17
953
114
413
70
610
446
763
32
545
1,282
290
772
1,051
51
1
53
15
63
598
732
78
699
510
154
72
131
8
68
240
243
130
243
3,541
167
146
98
2,262
438
1,904
590
1,566
3,829
3,085
676
2,149
11,938
626
760
1,934
342
108
153
189
1,679
599
521
154
529
3,270
184
367
975
4,912
1,381
3,114
1,255
3,686
7,439
5,095
1,194
4,689
24,561
1,948
2,547
4,931
300
2,665
7,341
3,114
3,542
3,723
20,685
17,422
3,262
5,241
31,757
9,070
66,752
16
173
49
79
576
96
1
Total Eastern States
On loans
Losses, charge-offs, and transfers to valuation reserves 2
20
1
55
28
27
156
133
54
1,639
44
199
457
66
4,429
168
980
598
611
168
6,092
1,361
968
1,729
134
o
o
o
o
F
§
d
3
o
Ohio__.
Indiana
Illinois
Michigan
Wisconsin .
Minnesota-
_ _
5 Missouri
w
18
1,886
3
636
1,666
6,018
371
85
43
180
24
195
68 -_52
7
.
Total Middle Western States
2,245
ii North Dakota
oo South Dakota
Nebraska . _ _
Kansas
^ Montana
o
W y o m i n g . .__
Colorado _
New Mexico.
Oklahoma
__
_ __
Total Western States
Washington. _ .
Oregon
California _
Idaho
Utah
Nevada
Arizona
_
.
_.
9,007
Total United States (exclusive of
possessions).
7,329
3,570
14, 915
3,055
4,040
1,866
990
1,066
5,883
2,403
25,368
4,498
2,370
2,388
831
2,764
3,607
1,366
4,822
2,631
48
61
17
866
470
148
647
49
23
341
86
96
6,215
3,756
35,490
3,873
1,812
1,609
1,203
1,401
1,196
1,868
4,637
2,239
300
772
323
323
17,371
9,541
70,964
13,290
4,553
5,171
2,460
5,450
13, 771
1,716
5,943
4,149
36,831
46,505
13,418
1,860
55,359
11, 658
128,800
6
29
176
294
305
44
359
108
609
12
67
231
57
36
59
132
106
92
100
87
917
139
24
227
59
306
171
265
1,025
1,479
673
91
857
336
1,901
426
166
1 004
1,133
541
371
1 840
103
1,276
75
108
4
100
257
489
335
57
186
176
869
423
335
1,193
1,132
526
269
1,872
1,123
2,475
125
100
557
855
100
58
4,857
400
978
701
3,331
3,702
1,810
755
8,755
1,877
5,153
25
12
11
373
174
646
1,397
1,930
700
1,951
6,798
6,860
904
2,473
9,348
7,477
27,062
37
11
1
28
17
621
23
28
16
99
1,880
621
127
1,728
10
7
6
47
1,155
1,080
7,124
80
135
80
246
1,972
2,256
5,834
1 077
297
44
562
530
656
9
442
837
2,238
38
100
74
198
29
23
117
64
13
1,863
253
19,522
101
134
182
1,169
1,399
277
5,891
49
21
37
184
5,793
2,809
39,165
1,291
452
263
1,928
702
12
3,927
718
1,995
2,546
9,900
12,042
8,331
246
23,224
7,858
51,701
4, 218
14,266
30,778
9,383
15,128
17,369
91,142
118, 870
37,937
11,609
176,832
47,011
392,259
299
83
1
43
426
23
106
394
36
559
8
18
10
36
112
139
251
4,218
1,351
1,212
1, 655
1
320
93
308
7,801
307
101
1
53
462
135
14,266
31,085
9,484
15,129
17,422
91,604
119,005
37,937
5,407
5,870
2,989
514
2,853
16,833
10,578
307
149
2,064
7,187
84
13
1,355
8,715
5,045
1
42
337
7,435
9,558
50
569
11,452
42,129
37,012
442
3,306
16, 740
37,929
60,895
135
1,252
3,692
26,785
6,208
1 Not including recoveries credited to valuation reserves.
2 Not including losses charged to valuation reserves.
881
242
1,048
963
132
599
250
34
54
84
135
Total possessions
Total United States and possessions.
2,680
188
2,121
294
69
133
444
14
56
66
398
115
31
23
187
25
496
Alaska (member and nonmember banks)
The Territory of Hawaii (nonmember
bank)
Virgin Islands of the United States (member bank)
New York City (Central Reserve city)
Chicago (Central Reserve city)
Other Reserve cities
_
. Country banks (member banks) 3
Possessions (nonmember banks)
340
120
382
57
43
672
54
48
5 .
3
79
12
27
_
Total Pacific States
1,524
2,381
3,680
1,285
3,573
243
174
911
1
1
106
394
176
811
11,715
177,226
47,187
393,070
150
544
10,957
64
17,941
29,020
56,634
73,237
394
2,761
22,955
21,298
173
22,499
52,363
144,847
172,595
766
3
Includes 1 member bank in Alaska and 1 member bank in the Virgin Islands of the
United States.
3
o
o
o
a
TABLE NO. 23.—Earnings, expenses, and dividends of national banks for the year ended Dec. 31, 1957—Continued
to
[In thousands of dollars]
Taxes on net income
Profits
Location
Maine
New Hampshire.._
Vermont
Massachusetts _-.
Rhode Island
Connecticut
before
income
taxes
.
__
__ _ _ _ _ _ _ _ _ _ _ _
._ _ -_
Total New England States
New York
New Jersey
Pennsylvania
Delaware
Maryland
- _
_
__ __
District of Columbia
Total Eastern States
_
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
_
____
Mississippi
Louisiana
Texas
Arkansas
Kentucky
_ _ _ _ _ _
Tennessee _
_ __ __
_ __ _
Total Southern States
Ohio
Indiana-.-
_
Federal
3,033
2,713
1,224
54,340
4,836
10,950
1,159
831
396
22,623
1,731
3,724
Cash dividends declared
Net
profits
before
dividends
State
41
3,703
197
500
On
preferred
stock
1 874
1,882
787
28,014
2,908
6,726
On
common
stock
892
756
439
15,454
1,790
4,422
Ratios
Total cash
dividends
declared
892
756
439
15,454
1,790
4,422
Capital
accounts J
29,892
27,763
17,063
338, 310
41,988
90,944
Net profits
before
dividends
to capital
accounts
Percent
6 27
6.78
4 61
8.28
6.93
7.40
Expenses
to gross
earnings
Percent
69 31
67.46
78 53
55.73
70.28
68.59
77,096
30, 464
4,441
42,191
23, 753
23,753
545,960
7.73
61.42
125, 979
25,673
90,389
362
10,243
9,058
54, 284
7,493
33, 803
127
3,502
4,558
6,362
65,333
18,180
56, 586
235
6,741
4,500
10
38
2
42, 739
8,503
31,103
141
2,971
2,775
42, 749
8,541
31,105
141
2,971
2,775
955,921
250, 764
832,960
3,970
76,169
64,997
6.83
7.25
6.79
5.92
8.85
6.92
60.14
72.48
60.32
64.08
63.57
65.39
261, 704
103, 767
6,362
151, 575
50
88, 232
88,282
2,184, 781
6.94
62.33
20,703
8,886
8,080
6,673
15, 795
26, 831
15,354
2,024
20,632
95. 535
5,089
9, 974
21,893
8,506
3,697
3,566
2,915
6,869
10, 430
5,642
505
8,745
38,379
1,536
3,926
9, 575
636
5,200
1,885
2,203
2,020
4,609
5,129
4,060
770
3,265
27, 741
1 620
1,921
5,401
5,200
1,885
2,203
2,020
4,609
5,139
4,060
770
3,265
27, 741
1,620
1,921
5,401
137, 516
60,952
59, 312
41, 253
109, 229
176,460
103,457
22,991
124, 657
655, 253
47,308
69,622
148,661
8.87
8.51
7.47
8.68
8.17
9.29
8.77
6.61
9.54
8.72
7.51
8.69
8.29
64.96
59.13
64.54
64.95
68.82
66.17
62.41
74.92
63.51
60.76
67.15
61.75
65.26
257,469
104, 291
896
10
65, 824
65,834
1, 756,671
8.67
63.57
64,911
27,644
29,387
11,467
1
15,361
5,708
15,361
5,709
400,560
188,844
8.87
8.57
60.77
63.98
82
178
12,197
5,189
4,432
3,580
8,926
16,401
9,076
1,519
11,887
57 156
3 553
6,048
12, 318
152, 282
35,524
16,177
10
g
o
a
o
Illinois
Michigan
Wisconsin-L
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 (member and nonmember banks)
The Territory of Hawaii (nonmember bank)...
Virgin Islands of the United States (member
bank)
Total possessions
Total United States and possessions.
New York City (Central Reserve city)
Chicago (Central Reserve city)
Other Reserve cities
Country banks (member banks) 2
Possessions (nonmember banks) -.
116,885
44,921
19,930
32, 777
8,968
24,930
45,407
20,326
7,024
12, 518
3,123
10, 864
411
1,777
534
71, 478
24, 595
12, 495
18, 482
5, 845
13, 532
340, 966
140,116
2,722
198,128
4,254
4,693
12,501
12,997
4,163
2,913
8,433
4,127
24, 551
1,720
1,984
4,681
4,587
1,952
1,278
5,502
1,779
8,900
38
117
2,496
2,592
7,820
8,410
2,211
1,635
2,523
2,348
15,031
408
620
43
8.04
8.83
10.05
9.24
8 20
8.44
56.07
64.53
66.25
64.87
66.88
57.63
2, 312, 707
8 57
60.55
gj
20,651
22, 230
87,160
90,724
20,293
18,100
88,359
23,173
166,854
12.09
11.66
8.97
9.27
10.90
9.03
2.86
10.13
9.01
61.71
63.65
60.28
62.35
66.48
o
M
H
64.07
63.28
65.06
59.58
*f
29, 662
11, 244
4,560
8,539
2 263
5,791
29, 662
11, 284
4,562
8, 539
2 263
5,791
888, 724
278, 591
124, 295
200,093
71 288
160, 312
83,128
83,171
1,154
1,160
3, 245
2,467
1,338
709
3,565
766
5,441
1,154
1,160
3,245
2,467
1,338
709
3,565
766
5,441
O
H
M
[xj
78, 632
32,383
1,183
45, 066
19,845
19,845
537, 544
8.38
27,316
19, 956
185,340
4,713
5,836
3,330
8,938
12,856
7,385
79,605
2,326
2,567
1,537
4,026
1,640
4,670
161
208
238
14,460
10, 931
101,065
2,226
3,061
1,793
4,674
6,751
5,926
64, 438
946
821
1,012
2,292
6, 751
5,926
64, 438
946
821
1,012
2,292
166, 550
132,844
997, 258
24, 524
24, 940
14,872
47,878
8.68
8.23
10.13
9.08
12.27
12.06
9.76
62.00
67.33
68.19
67.63
67.96
60.35
64.99
69.36
O
g
M
H
SJ
O
t+
255, 429
110,302
6,917
138, 210
82,186
82,186
1, 408,866
9.81
67.56
irg1
1, 271, 296
521, 323
22, 521
727, 452
362, 968
363,071
8, 746, 529
8.32
63.17
O
1,733
1, 963
494
838
50
8
1.231
1,125
230
480
6,800
15, 951
18.10
7.05
71.55
.a
72.52
g
49
21
230
480
21
559
8.77
76.85
fc
99
3,795
1,382
8
2,405
1, 275,091
522, 705
22,529
729,857
90,259
76,313
625. 294
479', 555
3,670
41, 841
31, 455
272, 414
175, 663
1,332
4,326
44, 092
44, 858
341, 517
297,060
2, 330
11, 363
6,832
8
1 Represents aggregate book value of capital stock, surplus, undivided profits,
reserves, and retirementr fund for preferred stock. Figures are averages of amounts
reported for Dec. 31, 19 6, June 30, 1957, and Dec. 31, 1957.
40
2
103
103
103
731
731
23, 310
10.32
72.22
£
363, 699
363,802
8, 769, 839
8.32
63.20
^
30,100
20, 891
180, 944
131,066
698
30,100
20, 891
180, 944
131,169
698
626,615
576,024
3, 798,962
3, 745, 703
22, 535
7.04
7.79
8.99
7.93
10.34
51.72
@
47.25
g
61.80
67.79
71.53
<*<
2
Includes 1 member bank in Alaska and 1 member bank in the Virgin Islands of
the United States.
TABLE N O . 24.—Earnings, expenses, and dividends of national banks, by Federal Reserve districts, for the year ended Dec. 31, 1957
[In thousands of dollars]
District District District District District District District District District District District
No. 8
No. 10 No. 11
No. 3
No. 4
No. 5
No. 6
No. 7
No. 9
No. 1 No. 2i
Earnings from current operations:
Interest and dividends on:
U. S. Government obligations. _.
Other securities
Interest and discount on loans
Service charges and other fees on
banks' loans
Service charges on deposit accounts,.
Other service charges, commissions,
fees and collection and exchange
charges
Trust department
.
Other current earnings
Total earnings from current operations
Current operating expenses:
Salaries and wages:
Officers
^
Employees other than
officers...
Number of officers 3
_.
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
Eecurring depreciation on banking
house, furniture, and fixtures
Other current operating expenses
Total current operating expenses..
Net earnings from current operations
61,810
16,063
182,460
154,767
36,262
398,763
31,230
8,82'
92,311
1,326
11,920
3,085
18,378
5,929
28,994
929
5,913
1,484
9,950
3,600
7,100
5,323
7,360
8,173
11,840
11,561
27,953
18,337
2,527
2,506
3,595
6,173
4,519
4,542
345,657 202,807
309,169
682,566
147,838
159,183
30,051 54,917
57,227 129,248
3,360
5,228
16,244
25,201
2,061
17, 972
27, 798
2,198
30,243
40,499
8,807
34,110
48,450
37,594
8,684
9,418
18,898
15,585
36,768 69,913 42,11:
13,805 19,945
9,136
124,212 206,761 122,290
33,426
9,164
147,470
81,234
30,907
336,278
1,161
14,110
7,020
28,388
991
8,196
2,651
14, 572
7,800
10,224
10,683
8,896
10,683
25,886
2,219
4,525
4,813
4,654
15,596
11,565
234,038
529,292
195,529
20,916
46,565
2,832
39,047
95,968
3,856
18,043
33,986
2,570
29,296
59,400
3,100
15,202
27,747
11,137
17, 616 12,438
1,366
20,827
V
1,548
5,736
83,470
4,348
9,850
4,827
39,945
9,554
89,678
141, 730 334,214
195,078
21,644
36,468
2,654
2,601
1,802
1,548
33,227
41, 894
27,690
1,234
5,128
4,801
29,239
1,569
12,050
945
5,497
6,871
49, 694
4,817
31,424
143,081
Grand
total
2,657 782,135
559 225,367
8,352 2, 631,136
55,447
16,044
194,064
130, 329
43, 519
585, 597
1,116
15,819
2,231
12, 750
16, 787
74,168
476
908
45,186
244,066
3,680
5,402
7,997
4,614
6,799
17,346
15,860
25,910
24, 558
766
43
268
79, 710
129,433
146,753
237, 655 309,29;
916,728
14,029 4,283,786
72,253
178,702
1,501
2,958
185
782,470
4$, 645
49,994
772
239y 172
8,881
2,646
1,315
1,634
1,736
42
20,728
85,476
15,307
21,283
21,650
29,714
213,214
2,416
635, 777
2,009
9,996
6,915
17,799
620
4,304
1,788
2,990
1,715
4,336
1,324
16,112
3,850
22,224
27,871
116,309
8,053
55,444
9,665
102,341
2,509
25,354
2,567
27,832
4,607
40,601
7,025
50,021
13,766
114,377
6
287
408
2,417
204,0851 409,007
90,854
103,211
145,285
188,492
619,448
10,035 2,707,229
72, 774 105,084! 273,559J
56,984
92,3701 120,803
297,280
3,994 1,576,557
128,259 202, 576 130,033
67,270
19,637
29,411 53,031
8,570 12,566
94, 534 138,044
District NonNo. 12 2 member
1,696
55,972'
79,470
658,367
Recoveries, transfers from valuation
reserves, and profits:
On securities:
Recoveries
_ __
Transfers from valuation reserves
_ _ ._
Profits on securities sold or redeemed
_ _ __
On loans:
Recoveries
Transfers from valuation reserves
All other
Total recoveries, transfers from
valuation reserves and profits
Losses, charge-offs, and transfers to
valuation reserves:
On securities:
Losses and charge-offs
Transfers to valuation reserves.
On loans:
Losses and charge-offs
Transfers to valuation reserves..
Allother
__.
Total losses, charge-offs, and
transfers to valuation reserves...
Profits before income taxes
_
Taxes on net income:
Federal
_
_
State
Total taxes on net income
Net profits before dividends
_
Cash dividends declared:
On preferred stock
On common stock
Total cash dividends declared
See footnotes at end of table.
280
246
165
28
202
161
1,975
126
170
137
26
702
4,218
630
312
721
2,158
663
473
6,854
341
364
511
1,227
12
14,266
845
2,143
765
1,990
1,736
2,843
10,841
1,882
488
1,944
1,374
3,927
307
443
468
720
541
355
641
489
353
1,047
1,543
2,065
735
84
31,085
9,484
1,736
1,747
340
1,870
117
848
3,422
1,339
750
560
1,311
2,180
2,848
2,524
561
214
249
982
485
1,625
1,314
934
1,995
2,549
1
50
15,129
17, 422
5,681
5,379
3,336
9,478
4,266
7,609
25,531
3,477
3,300
6,245
6,940
9,920
442
91,604
9,399
1,858
15,015
2,656
8,845
122
8,241
10,906
4,646
635
6,021
1,145
33,713
8,282
4,218
1,918
4,127
534
7,007
818
5,596
732
12,042
8,331
135
119,005
37,937
397
7,717
3,192
541
32,453
2,870
494
11,731
2,893
690
10,230
2,704
559
6,743
1,492
847
12,528
3,925
685
44,262
8,729
656
3,563
1,512
791
3,458
1,238
1,922
8,337
7,126
3,781
12,586
3,473
288
23,224
7,860
64
394
173
11,715
177,226
47,187
766
393,070
22.563
53, 535
24,085
32,771
14,075
24,466
95,671
11,867
10,148
25,210
26,168
51,745
75,426
146,922
46, 521
119, 788
62,965
88,227
203,419
48,594
49,124
73,405
101,575
255,455
3,670 1,275,091
30,103
4,332
60,045
6,471
16,468
50,481
26, 455
260
35,392
636
82,059
400
19,291
442
19,332
1,943
30,684
1,112
40,761
8
110,302
6,917
1,332
8
522,705
22, 529
34,435
66,516
16,468
50,481
26,715
36,028
82,459
19,733
21,275
31, 796
40, 769
117,219
1,340
545,234
40,991
80,406
30,053
69,307
36,250
52,199
120,960
28, 861
27, 849
41,609
60,806
138,236
2,330
729, 857
22,428
46
50,388
4
18,325
31, 656
16,899
10
19,605
43
50,087
12,040
13,118
17,234
29,023
82,198
698
103
363, 699
22,428
50,434
18,329
31,656
16.899
19, 615
50,130
12,040
13,118
17,234
29,023
82,198
698
363,802
TABLE N O . 24.—Earnings, expenses, and dividends of national banks, by Federal Reserve districts, for the year ended Dec. 31, 1957—Con.
[In thousands of dollars]
District District District District District District District District District District District
No. 8
No. 4
No. 6
No. 9
No. 10 No. 11
No. 1 No. 21 No. 3
No. 7
No. 5
Memoranda items:
Recoveries credited to valuation reserves (not included in recoveries
above):
On securities
_Onloans __
_
Losses charged to valuation reserves (not included in losses
above):
On securities
On loans
Stock dividends (increases in capital stock)
District NonNo. 12 2 member
Grand
total
29
1,240
681
3,815
7
1,019
98
1,453
739
1
1,673
19
5,757
192
718
923
25
2,506
178
2,441
358
7,106
135
1,588
29,525
1,186
4,899
3,277
9,687
7
2,794
11,797
3,297
138
1,711
307
5,817
3,062
7,086
1,525
2,139
111
1,975
106
4,892
5
5,982
10,626
12,282
161
32,147
62, 722
644
4,079
10,366
2,360
3,601
9,537
9,657
1,995
2,655
5,370
9,324
5,050
100
64,738
321
345
108
253
394
615
499
4,627
386
462
336
325
576
7
2,807,934 6,762,097 2,298,614 4,053,239 2,209,889 3,235,159 8,099,442 1,762,393 1,711,022 2, 506,072 3, 681,368 10,722,951 148,193 49,998,373
1,725,680 4,480,624 2,044,565 3,564,885 2,126,040 3,049,322 7, 890,778 1,595,245 1,462,229 2,642,004 2,727,187 6,929,369 127,254 40,365,182
141,181 393,010 130,948 249,166 116,787 183,105 454, 552 98,698 89, 567 151,146 259,644
443,044
6,083 2,716,931
523,102 1,166,298 492,680 843,248 435,320 588,342 1,434,989 342,942 290,266 526,090 694, 769 1,409,258 22,535 8,769,839
Number of banks 3. .
Loans, gross
Securities
Capital stock (par value)
Capital accounts
_
Ratios:
To gross earnings:
Interest and dividends on secu- Percent
rities
18.20
Interest and discount on loans. __
63.01
Service charges on deposit accounts
6.03
All other current earnings
12.76
Total gross earnings
100.00
Salaries, wages, and fees.. _
Interest on time deposits
All other current expenses
_
29.42
8.90
22.24
Percent Percent Percent Percent Percent Percent Percent Percent Percent Percent
23.12
27.10
27.60
21.19
26.00
25.27
25.19
27.99
23.86
25.86
63.53
63.53
59.82
60.30
59.02
58.42
62.44
59.39
58.08
62.74
Percent Percent
18.96 22.93
63.88
59.53
Percent
23.52
61.42
5.36
9.92
4.19
6.42
4.21
9.97
5.88
8.55
5.94
9.85
4.25
9.34
4.00
6.46
6.25
10.50
6.66
7.66
4.12
10.02
8.09
9.07
6.47
11.07
5.70
9.36
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
27.37
12.52
20.03
28.92
10.36
22.18
29.37
13.37
22.10
30.45
9.11
21.57
27.25
9.61
24.08
27.49
23.26
16.82
32.08
17.22
22.23
27.77
14.84
20.59
25.94
15.77
21.43
27.94
17.00
20.66
26.18
12.12
20.31
29.42
13.65
21.05
28.78
12.81
24.42
60.56
63.14
65.60
58.61
64.12
66.01
59.92
61.46
64.84
61.13
60.94
67.57
71.53
63.20
___
39.44
36.86
34.40
41.39
35.88
33.99
40.08
38.54
35.16
38.87
39.06
32.43
28.47
36.80
To gross loans: Interest and discount on loans
5.25
4.97
5.40
5.10
5.53
5.64
4.92
5.24
5.53
5.51
5.27
5.46
5.64
5.26
Total current expenses
Net current earnings
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
_
N et profits before dividends
Cash dividends
2.47
2.50
2.47
2.52
2.41
2.55
2.42
2.51
2.60
2.48
2.62
2.51
2.53
2.50
65.38
29 03
15.89
49.64
20.46
12.83
51.37
22 95
14.00
57.42
27.82
12.70
62.31
31.04
14.47
57.39
28.51
10.71
60 18
26.61
11.03
57.74
29.24
12.20
62.49
31.09
14.65
61.11
27.53
11.40
46.53
23.42
11.18
67.10
31.20
18.55
65.66
38 30
11.47
'58.63
26 86
13.39
17.65
7.84
4.29
16.73
6.89
4.32
13.65
6.10
3.72
16.97
8 22
3.75
16.72
8 33
3.88
17.86
8 87
3.33
19.06
8.43
3.49
16.62
8.42
3.51
19.28
9.59
4.52
17.56
7.91
3.28
17.39
8.75
4.18
21.09
9.81
5.83
17.72
10.34
3.10
17.98
8.32
4.15
* Includes 1 member bank in the Virgin Islands of the United States.
Includes 1 member bank in Alaska.
» Number at end of yenr. 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
NOTE.—The figures of loans, securities, capital stock and capital accounts are averages
of amounts reported for Dec. 31, 1956, June 6, 1957, and Dec. 31, 1957.
TABLE N O . 25.—Earnings, expenses, and dividends of national banks, by size of banks, for the year ended Dec. 31, 1957
TOTAL UNITED STATES AND POSSESSIONS
[In thousands of dollars]
Banks operating throughout entire year with deposits on Dec. 31 1957, of—
Less than $500,000
$500,000
to
$750,000
Number of banks
Total deposits
Capital stock (par value).
Capital accounts
_.
Earnings from current operations:
Interest and dividends on:
U. S. Government obligationsOther securities
Interest and discount on loans
Service charges and other fees on
banks' loans
Service charges on deposit accounts.
Other service charges, commissions,
fees, and collection and exchange
charges
Trust department
Other current earnings
Total earnings from current operations
Current operating expenses:
Salaries and wages:
Officers
Employees other than officers..
Fees paid to directors and members
of executive, discount, and advisory committees
Interest on time deposits (including
savings deposits)
Interest and discount on borrowed
money
Taxes other than on net income
Eecurring depreciation on banking
house, furniture, and fixtures
22
9,052
610
1,481
47
30,055
1,322
4,289
79,036
3.260
10,765
76
12
277
297
49
805
765
170
2,120
9,442
1.856
22,228
49,912
13,084
119,672
66,735
18, 669
168,490
25, 742
251,921
5
178
112
2,048
788
11,949
1,730
19,881
1,097
5
641
4,339
378
3,956
2
17
599
1,548
1,040
722
259
915,805 5,208,033 7,337,871 11,115, 574 8,932, 517
29,366 136,499
170,974
263,124
208, 558
106, 958 513,386
640,181
881,282
650, 283
Total
131
9,206, 507
225,938
682,232
125
27, 708, 777
662,220
2,091,468
23
38,822,337 109,365, 564
2, 799,223
1,097,352
9,079,946
3,497,621
76,492
18,901
196,179
70, 593
19,075
206,330
185,234
47,237
643,006
79,419
1,004,283
219,642
777, 597
224,214
2,615,311
4,031
32,734
2,725
24, 642
2,622
22,168
11,321
56, 667
21,501
71, 683
44,840
242,033
5,820
1,741
5,704
9,365
7,438
11,644
5,967
9,502
12,076
6,149
10,333
13,131
18,446
44,611
41,884
27,621
55,311
55,990
78,957
129,319
145,113
350,401
1,048,406
32, 561
67,655
85,944
209,425
O
o
8
O
16
18
406
1,287
3,389
37,429
204,078
288, 770
441,284
154
28
104
907
256
8,156
3,999
34,972
27,107
39,532
44, 538
50,201
78,743
70
751
3,907
3,923
2,103
1,639
31,711
47,963
71,144
53,890
47,422
24
358
304
35,830
66,276
1, 535,450
4,257,384
94,285
279,314
777, 445
2,916
1,311
20, 544
126,239
248,201
43
1,176
304
5,654
443
8,094
763
11, 528
1,140
9,662
1,600
10,009
8,750
29,592
14,740
39,904
27,788
115,779
18
209
3
105
69
504
799
5,016
30,348
7,585
44,280
11,289
74,281
8,773
60,678
7,496
63,094
19,341
180,442
18,292
193,885
78,682
653,480
881
2,272
25,501
138,998
196,342
301,872
238,352
231,476
662,649
889,932
2,688,579
15
Other current operating e x p e n s e s Total current operating expenses-
$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
to
to
to
to
to
to
to
or more
to
$1,000,000 $2,000,000 $5,000,000 $10,000,000 $25,000,000 $50,000,000 $100,000,000 $500,000,000
i
Net earnings from current operations
102
Recoveries, transfers from valuation
reserves, and profits:
On securities:
Recoveries
_
Transfers from valuation reserves
Profits on securities sold or
redeemed
On loans:
Recoveries .
Transfers from valuation reserves
All other...
Total recoveries, transfers from
valuation reserves and profits. _
Losses, charge-offs, and transfers to
valuation reserves:
On securities:
Losses an d charge-offs
Transfers to valuation reserves.
On loans:
Losses and charge-offs
Transfers to valuation reserves.
Allother..
Total losses, charge-offs, and
transfers to valuation reserves, _
Profits before income taxes
Taxes on net income:
Federal __
State
_
Total taxes on net income
Net profits before dividends
Cash dividends declared:
On preferred stock
On common stock
Total cash dividends declared
__
4
14
406
1
46
1,117
11,928
65,080
92,428
139,412
108,132
19
208
528
450
298
95
224
514
614
5
1,000
2,120
2,013
472
10
79
596
84
705
2,165
1,616
1,355
819
1,288
1,717
2,157
118,925
385,757
645,518
107
375
2,213
4,198
1,466
3,636
7,712
14,266
2,766
10,692
11,686
30,967
464
1,563
887
9,371
612
1,680
853
1,805
3,492
4,884
7,189
3,992
15,128
16,677
1,568,805
1
9
4
13
136
433
721
19
56
98
957
4,218
5,475
8,313
5,689
7,461
24,642
33,679
90,607
1
6
22
502
6
4,752
295
9,548
1,357
14,752
1,322
10,858
2,069
25,513
8,999
39,558
23,087
118,346
37,893
22
70
2
5
158
61
13
1,220
806
293
3,422
5,478
2,328
3,259
10,385
3,722
1,870
16,402
5,997
12,834
758
566
13,590
3,397
444
15, 510
2,823
400
37,921
14,122
189
76,210
14,030
11,620
176,365
46,731
1
24
83
254
2,827
16,275
28,271
40,343
31,145
31,704
86,955
153,074
390,955
97
379
961
10,058
53,023
69,632
107,382
82,676
94.682
323,444
526,123
1,268,457
25
1
93
3
241
6
2,682
123
14,964
648
38,244
1,404
32,403
938
38,930
1,267
144,184
5,015
225,462
12,107
520,025
22,297
26
96
247
2,805
15,612
22,797
785
23,582
39,648
33,341
40,197
149,199
237, 569
542,322
71
283
714
7,253
37,411
46,050
67,734
49,335
54, 485
174,245
288,554
726,135
35
120
294
3,003
7
19,085
23, 513
102
362,318
294
3,003
21, 555
23,513
40
83,148
83,188
168,738
120
32
27, 770
27,802
10
21, 545
35
13
15,067
15,080
168,738
362,420
19,092
a
o
o
I
CD
TABLE N O . 25.—Earnings, expenses, and dividends of national banks, by size of banks, for the year ended Dec. 81, 1957-
-Continued
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 1957, of—
Less than $500,000
$500,000
to
$750,000
Memoranda items:
Recoveries credited to valuation
reserves (not included in recoveries above):
On securities
On loans
Losses charged to valuation reserves (not included in losses
above):
On securities
On loans
Stock dividends (increases in capital stock)
_
Average per bank:
Gross earnings from current operations
Current operating expenses . .
Net earnings from current operations
Net profits before dividends
Per $100 of deposits:
Net earnings from current
operations
Net profits before dividends
Per $100 of capital accounts:
Net earnings from current
operations
Net profits before dividends
Cash dividends
Number of officers at end of period
Number of employees other than officers at end of period
1
1
$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
to
to
to
to
to
to
to
to
or more
$1,000,000 $2,000,000 $5,000,000 $10,000,000 $25,000,000 $50,000,000 $100,000,000 $500,000,000
17
1
265
1,750
3
2,868
73
3,253
2,269
55
2,594
797
5,197
660
11,059
Total
1,588
29,273
16
3
587
33
3,405
271
5,443
365
6,680
230
5,781
1,105
6,052
5,564
15,876
24, 576
18,480
32,147
62,322
12
255
3,371
4,263
9,182
6,232
8,653
19,880
12,890
64,738
62
42
132
90
278
189
611
418
1,338
920
2,675
1,767
8,387
5,301
66,759
38,693
20
12
42
24
89
44
193
94
418
190
908
416
3,086
1,394
28,066
12,546
925
584
341
158
19
14
28
19
5
3
9
6
38
25
13
8
1.13
.78
1.35
.94
1.41
.90
1.30
.79
1.25
.72
1.26
.63
1 25
.61
1.21
.55
1.29
.59
1.39
.63
1.66
.74
1 43
.66
6.89
4.79
2.36
9.47
6.60
2.80
10.38
6.63
2.73
11.15
6.78
2.81
12.68
7.29
2.94
14.44
7.19
2.98
15 82
7.69
3.15
16.63
7.59
3.31
17.43
7.99
3.45
18.44
8.33
3.98
18 46
8.25
4.82
17 28
8.00
3.99
54
122
223
1,719
5,937
5,551
6,007
3,755
3,217
7,971
9,015
43,571
21
66
152
1,900
10, 661
15,767
26, 729
21,866
22, 374
64,396
74,984
238,916
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.
I
o
o
1
151
REPORT OF THE COMPTROLLER OP THE CURRENCY
TABLE N O . 26.—Earnings, expenses, and dividends of national banks, years ended
Dec, 81, 1955-57
[In thousands of dollars]
1955
"NYlTTfr^r of baT)Jr.S *
Capital stock, par2 value *
Capital accounts
4,700
4,659
2,562,055
8,220,620
2,716,931
8,769,839
Amount Percent
Amount Percent
Earnings from current operations:
Interest and dividends on:
U. S. Government obligations
_ 757,333
Other securities
195,432
1,954,531
Interest and discount on loans
Service charges and other fees on banks'
loans
39,867
Service charges on deposit accounts
188,912
Other service charges, commissions, fees,
and collection and exchange charges
66,062
Trust department
103,033
Other current earnings—
131,522
Total earnings from current operations- 3,436,692
Total current operating expenses
Net earnings from current operations
1957
2,460,621
7,924,719
Amount
Current operating expenses:
Salaries and wages:
Officers
Employees other than officers
Number of officers1
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 moneyTaxes other than on net income
Eecurring depreciation on banking house,
furniture and fixtures
Other current operating expenses
1956
335,179
654,922
4.0,073
214,696
Percent
to total
4,627
to total
22.04
737,465
5.68
202,352
56.87 2,321,685
to total
782,135
19.24
225,367
5.28
60.56 2,631,136
18.26
5.26
61.42
1.16
5.50
38,027
211,596
.99
5.52
45,186
244,066
1.05
5.70
1.92
3.00
3.83
70,810
116,845
134,672
1.85
3.05
3.51
79,710
129,433
146,753
1.86
3.02
3.43
100.00 4,283,786
100.00
100.00 3,833,452
15.92
31.11
359,438
719,694
42,050
229,227
15.38
30.80
386,237
782,470
48,645
2S9,172
14.27
28.90
18,300
.87
19,295
.83
20,728
.77
373,960
12,413
101,539
17.76
.59
4.82
437,199
25,542
106,483
18.71
1.09
4.66
635,777
27,871
116,309
23.48
1.03
4.30
59,665
549,164
2.84
26.09
70,314
598,461
3.01
25.62
79,470
658,367
2.93
24.32
100.00
2,105,142
100.00 2,336,426
100.00 2,707,229
1,331,550
1,497,026
1,576,557
Recoveries, transfers from valuation reserves
and profits:
On securities:
Recoveries
Transfers from valuation reserves
Profits on securities sold or redeemed-_
On loans:
Recoveries.- __
Transfers from valuation reserves
All other
13,651
29,235
35,863
10.10
21.62
26.52
10,082
25,462
11,417
8.46
21.37
9.58
4,218
14,266
31,085
4.60
15.57
33.94
14,648
18,931
22,887
10.83
14.00
16.93
10,542
32,953
28,685
8.85
27.66
24.08
9,484
15,129
17,422
10.35
16.52
19.02
Total recoveries, transfers from valuation reserves and profits
135,215
100.00
119,141
100.00
91,604
100.00
122,105
36,312
32.35
9.62
182,827
61,319
34.03
11.41
119,005
37,937
30.28
9.65
14,292
158,675
46,021
3.79
42.04
12.20
11,171
233,651
48,278
2.08
43.49
8.99
11,715
177,226
47,187
2,98
45.09
12.00
377,405
100.00
537,246
100.00
393,070
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
___
Total losses, charge-offs, and transfers
to valuation reserves
Profits before income taxes
See footnotes at end of table.
1,089,360
1,078,921
1,275,091
152
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 26.—Earnings, expenses, and dividends of national banks, years ended
Dec. 81, 1955-57— Continued
[In thousands of dollars]
1956
1955
Amount
Taxes on net income:
Federal
State
-
-
Total taxes on net income
Percent
to total
Amount
1957
Percent
to total
Amount
428,589
17,622
413,053
18, 727
522,705
22,529
446, 211
431, 780
545,234
Net profits before dividends
643,149
647,141
729,857
Cash dividends declared:
On preferred stock _
On common stock
203
309, 532
177
329, 777
103
363,699
309,735
329,954
363,802
2,107
24,825
2,945
26,807
1,588
29,525
30,753
54,659
56,170
67,184
32,147
62,722
Total cash dividends declared
___
Memoranda items:
Recoveries credited to valuation reserves
(not included in recoveries above):
On securities...
On loans
Losses charged to valuation reserves (not
included in losses above):
On securities
On loans
„ _ _ -_
Stock dividends (increases in capital
stock)
Ratios to gross earnings:
Salaries, wages, and fees
Interest on time deposits
All other current expenses
Total current expenses
Net current earnings
Ratio of cash dividends to capital stock (par
value)
__
Ratio of cash dividends to capital accounts
95,846
84,970
Percent
to total
64,738
Percent
29.34
10.88
21.03
Percent
28.65
11.41
20.89
Percent
27.77
14.84
20.59
61.25
60.95
63.20
38.75
39.05
36.80
12.59
3.91
12.88
4.01
13.39
4.15
i 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.
* 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; 1951, p. 118; and 1954, p. 142.
TABLE N O . 27.—Number of national banks, capital stock, capital funds, net profits, dividends, and ratios, years ended Dec. 81, 1930-57
[In thousands of dollars. Figures for previous years published in report for 1938, p. 115]
Capital stock (par value)'
Number
of banks
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
1940
1941
1942
1943
1944
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
7,038
6,373
6,016
3
5,159
» 5,467
5,392
5,331
5,266
5,230
5,193
5,150
5,123
6,087
5,046
5,031
5,023
5,013
5,011
4,997
4,981
4,965
4,946
4,916
4,864
4,796
4,700
4,659
4,627
Preferred Common
1,724,028
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
4,797
4,167
3,944
3,786
t, 597,037
L, 507,834
i, 359,573
L, 280,813
1,259,027
1,285,946
L, 310, 243
L, 320, 446
L, 328,071
L, 341,398
L, 354,384
1,372,457
L, 440,519
i, 536,212
L, 646. 631
L, 736,676
L, 779, 362
L, 863,373
1,949,898
2,046,018
2,171,026
2,258,234
2,381,429
2,456,454
2,558, 111
2,713,145
Total
Ratios
Cash dividends
Cash divi- Cash diviNet profits before diviCapital Net profdends on dends on Total cash
dends
On
On
accounts 1 its before
common dividends
dividends preferred common preferred
to capital
stock to
stock
stock
stock to
accounts To capital To capital
common
preferred
stock
accounts
capital
capital
Percent
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
2,386,226
2,460,621
2,562,055
2,716,931
3,919,950
158,411
3, 753,412
2 54, 550
3,323,536 2164, 737
2,981, 678 2 286,116
2,982,008 2153, 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
241, 465
269,295
3, 596,865
243,343
3, 684, 882
350, 457
3, 860,443
411,844
4,114,972
490,133
4,467, 718
494,898
4,893,038
452,983
5,293,267
423, 757
5,545,993
474,881
5,811,044
537,610
6,152,799
6,506,378
6,875,134
561,481
7,235,820
573,287
7,739,553
741,065
7,924,719
643,149
8,220,620
647,141
729,857
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
264
203
177
103
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
299,841
309,532
329, 777
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
5.50
4.87
4.49
2.72
Percent
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
12.59
12.60
12.89
13.41
Percent
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
3.88
3.91
4.01
4.15
Percent
9.19
2 3.25
2 10.32
2 17.88
2 8.98
8.85
18.39
14.32
12.59
16.11
15.76
17.68
16.10
23.24
26.55
30.31
29.11
25.60
23.48
25.20
27.35
24.62
25.78
25.32
31.06
26.14
25.26
26.86
Percent
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
9.58
8.12
7.87
8.32
O
3
o
d
i Averages of amounts from reports of condition made in each year.
^Deficit.
^Licensed banks, I. e., those operating on an unrestricted basis.
Cm
CO
154
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 28.—Total loans of national banks, losses and recoveries on loans, and
ratio of net losses or recoveries to loans, by calendar years, 1988-57
[In thousands of dollars]
Year
1938
1939
1940
1941
1942
1943
1944
1945
1946
1947
1948
1949
1950
_
1951
1952 . , .
1953
1954 .
1955
1956
1957
Total loans Losses and
end of year cbarge-offs
_
.
Recoveries
Net losses
Ratio of
or recover- losses (or reies (+)
coveries+)
to loans
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
39,827,678
43,559,726
48,248,332
50,502,277
80,290
67,171
58,249
51,989
43,134
43,101
41,039
29,652
44,520
73,542
150,482
159,482
13 45,970
153,940
152,322
i 68.533
i 67,198
i 68,951
i 78,355
174,437
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
2 41,524
2 39,473
2 37,349
2 39,009
48,138
27,244
21,498
8,331
2,475
+9,799
+9,309
+7,740
3,207
29,913
19,349
33,199
3 14,445
22,108
19,326
32,201
25,674
29,478
41,006
35,428
.-_ 24,476,630
57,618
38,309
19,309
Average for 1938-57
Percent
0.57
.30
.21
.07
.02
+.10
+.08
+.06
.02
.14
.08
.14
.05
.07
.05
.08
.06
.07
.08
.07
.08
1 Excludes transfers to valuation reserves.
2 Excludes transfers from valuation reserves.
3 Revised.
NOTE.—For prior figures beginning with the year 1928 see Annual Report for 1947, p . 100.
TABLE NO. 29.—Total securities of national banks, losses and recoveries on securities
and ratio of net losses or recoveries to securities, by calendar years, 1938-57
[In thousands of dollars]
Total
securities Losses and
end of year charge-offs
Year
1938
1939 . .
1940
1941
1942
1943
1944
1945
1946 . .
1947
1948
1949
1950 - 1951
1952 1953
1954
1955
1956
1957 -
_
_
Average for 1938-57
-_.
-
Recoveries
Net losses
Ratio of
or recover- losses (or recoveries+)
ies (+)
to securities
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
48,932,258
42,857.330
40,503,392
40,981,709
115,281
109,378
107,960
92,134
73,253
66,008
67,574
74,627
74,620
69,785
i 55,369
i 23,595
i 26,825
i 57,546
i 76,524
1119,124
i 49,469
1152,858
1238,997
1151,152
33,453
33,631
40,993
48,157
36,170
59,652
50,302
54,153
33,816
25,571
2 25,264
2 7,516
2 11,509
2 6,712
2 9,259
*8,325
2 9,286
2 15,758
2 13,027
2 5,806
81,828
75,747
66,967
43,977
37,083
6,356
17,272
20,474
40,804
44,214
30,105
16,079
15,316
50,834
67,265
110,799
40,183
137,100
225,970
145,346
Percent
0.66
.59
.49
.28
.13
.02
.04
.04
.09
.10
.07
.04
.04
.12
.15
.25
.08
.32
.56
.35
37,268,982
90,104
26,418
63,686
.17
1 Excludes transfers to valuation reserves.
2 Excludes transfers from valuation reserves.
NOTE.—For prior figures beginning with the year 1928 see Annual Report for 1947, p . 100.
REPORT OP THE COMPTROLLER OF THE CURRENCY
155
TABLE N O . 30.—'Foreign branches of American national banks, Dec. 31, 1957 ]
BANK OF AMERICA NATIONAL TRUST AND SAVINGS FIRST NATIONAL CITY BANK OF NEW YORK,
N. Y.—Continued
ASSOCIATION, SAN FRANCISCO, CALIF.:
Cuba:
Caibarien.
Cardenas.
Havana.
Havana (Ave Rancho Boyeros).
Havana (Cuatro Caminos),
Havana (Galiano).
Havana (La Lonja).
Havana (Twenty-third Street Branch).
Manzanillo.
Matanzas.
Santiago de Cuba.
Egypt:
Cairo.
England:
London.
London (West End).
France:
Paris.
FIRST NATIONAL BANK OF BOSTON, MASS.:
Hong Kong:
Argentina:
Hong
Kong.
Avellaneda.
India:
Buenos Aims.
Bombay.
Buenos Aires (Alsina).
Calcutta.
Buenos Aires (Constitucion).
Japan:
Buenos Aires (Once).
Nagoya.
Rosario.
Osaka.
Tokyo.
Brazil:
Yokohama.
Rio de Janeiro.
Lebanon:
Santos.
Beirut.
Mexico:
Sao Paulo.
Mexico City (Isabel la Catolica).
Cuba:
Mexico City (Parque San Martin).
Cienfuegos.
Mexico City (Republica).
Havana.
Panama:
Havana (Avenida de Italia).
Panama City.
Havana (Avenida Maximo Gomez).
Panama City (La Exposicion).
Sancti Fpiritus.
Peru:
Santiago de Cuba.
Lima.
FIRST NATIONAL CITY BANK OF NEW YORK, N. Y.:
Philippines:
Cebu.
Argentina:
Clark Field.
Buenos Aires.
Manila.
Buenos Aires (Flores).
Manila (Port Area Branch).
Buenos Aires (Plaza Once).
Puerto
Rico:
Rosario.
Arecibo.
Brazil:
Bayamon.
Porto Alegre.
Caguas.
Recife (Pernambuco).
Mayaguez.
Rio de Janeiro.
Mayaguez (Plaza de Colon).
Salvador.
Ponce.
Santos.
San Juan.
Sao Paulo.
San Juan (Hato Rey).
San Juan (Santurce).
Sao Paulo (Avenida Ipiranga).
Saudi
Arabia:
Canal Zone:
Jeddah.
Balboa.
Singapore:
Singapore.
Cristobal.
Uruguay:
Chile:
Montevideo.
Santiago.
Venezuela:
Caracas.
Valparaiso.
Caracas (Miranda).
Colombia:
Maracaibo.
Barranquilla.
i Excludes
banking facilities at military establishments.
Bogota.
Call.
NOTE.—Consolidated
statement of the assets and liabilities of the abovernamed branches as of Dec. 31,
Medellin.
1957, appears in the following table.
England:
London.
London (West End).
Guam:
Agana.
Japan:
Kobe.
Osaka.
Tokyo.
Yakohama.
Philippines:
Manila.
Thailand:
Bangkok.
156
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 31.—Consolidated statement of assets and liabilities
of foreign branches
of national banks, Dec. SI, 1957 1
[In thousands of dollars]
Number of branches
91
ASSETS
Loans and discounts, including overdrafts
Securities
Currency and coin
Balances with other banks and cash items in process of collections
Due from head office and branches
Real estate, furniture, and
fixtures
Customers' liability on account of acceptances
Other assets
Total assets
758, 934
56,088
34, 080
250, 653
113, 562
15, 229
93, 086
20, 984
1, 342, 616
LIABILITIES
Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, parnerships, and corporations
Deposits of U. S. Government
State and municipal deposits
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
613, 761
266, 521
133, 433
17, 408
156, 586
13, 125
Total deposits
1, 200, 834
Due to head office and branches
5, 106
Bills payable and rediscounts
5, 671
Acceptances executed by or for account of reporting branches and
outstanding
97, 625
Other liabilities
33, 338
Total liabilities
1, 342, 574
CAPITAL ACCOUNTS
Undivided profits, including reserve accounts
Total liabilities and capital accounts
* Excludesfiguresfor banking facilities at military establishments.
NOTE .—For location of foreign branches see preceding table.
42
1, 342, 616
REPORT OP THE COMPTROLLER OF THE CURRENCY
157
TABLE N O . 32.—Assets and liabilities of banks in the District of Columbia, by
classes, Dec. 81, 1957
[In thousands of dollars]
Total all
banks
Non-naNational
banks tional banks
16
Number of banks..
ASSETS
Loans and discounts:
Real estate loans:
Secured by farm land
_
Secured by residential properties:
Insured by Federal Housing Administration
Insured or guaranteed by Veterans' Administration
Not insured or guaranteed by FHA or VA
Secured by other properties..
_
___
Loans to banks
Loans to brokers and dealers in securities
_
Other loans for purchasing or carrying securities
Loans to farmers directly guaranteed by the Commodity Credit
Corporation
Other loans to farmers (excluding loans on real estate)
Commercial and industrial loans (including open market paper).
Other loans to individuals for personal expenditures:
Passenger automobile installment loans. _
Other retail consumer installment loans
Residential repair and modernization installment loans
Other installment loans for personal expenditures
Single-payment loans for personal expenditures
___
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-1975-80, and depositary bonds)
Other bonds maturing in 5 years or less
Other bonds maturing in 5 to 10 years
Other bonds maturing in 10 to 20 years
Bonds maturing after 20 years
Total
Obligations guaranteed by U. S. Government (Federal
Housing Administration debentures)
Total
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve Bank
Total securities
_
_
Cash, balances with other banks, including reserve balances and
cash items in process of collection:
Cash items in process of collection, including exchanges for clearing house
Demand balances with banks in the United States (except private banks and American branches of foreign banks)
Other balances with banks in United States
Balances with banks in foreign countries
_
Currency and coin
Reserve with Federal Reserve bank and approved reserve
agencies
_
_
Total cash, balances with other banks, etc.
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises
or other real estate
_
Income earned or accrued but not collected
Other assets,
_
_
Total assets
467548—58
1,446
197
1,249
9,132
45,853
67,979
50,843
4,880
30,073
41,216
31,923
4,252
15, 780
26,763
18,920
39,966
2,899
29,437
2,627
10, 529
272
130
140
229,294
130
39
153,916
101
75,378
41,133
21,508
15,730
36,763
60,527
34,756
150
18,466
13,136
8,191
13,857
35,992
18, 739
114
22,667
8,372
7,539
22, 906
24, 535
16,017
36
658,249
8,039
650,210
402,933
6,768
396,165
255,316
1,271
254, 045
26,684
24, 721
74,629
15,877
13,090
49,844
10, 807
11,631
24, 785
231,069
43,679
42,527
7,160
155,903
24,897
22,443
1,722
75,166
18, 782
20,084
380
452,571
289,214
163,357
452,578
30, 736
28,860
2,465
289,214
24,468
16,099
1,625
163, 364
6,268
12, 761
840
514,639
331,406
183, 233
=====
76,290
52,294
23,996
43,262
78
352
31,710
28,853
78
227
20,084
14,409
7
7
125
11,626
186,555
109,089
77,466
338,247
210,625
127,622
20,549
290
15,315
290
5,234
4,136
2,202
2,182
957
495
4,136
1,245
1,687
1,532,455
955,253
577,202
158
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 32.—Assets and liabilities of banks in the District of Columbia, by
classes, Dec. 31, 1957—Continued
[In thousands of dollars]
Total all
banks
National
banks
Non-national banks
LIABILITIES
Demand deposits:
Individuals, partnerships, and corporations
U. S. Government
States and political subdivisions
Banks in United States
Banks in foreign countries
Certified and cashiers' checks (including dividend checks),
letters of credit and travelers' checks sold for cash, and
amounts due to Federal Reserve bank and agents (transit
account)
Total demand deposits.
Time deposits:
Individuals, partnerships, and eorporations_
U. S. Government
Postal savings
States and political subdivisions
Banks in United States
Banks in foreign countries
935,122
21,222
122
65,615
4,950
Total deposits
Total liabilities.
334,406
5,355
20
14,099
1,454
27,977
16,537
11,440
1,055,008
688,234
366, 774
326,848
17,218
835
183, 742
8,985
835
143,106
8,233
193,562
154,764
1, 403,334
881, 796
521, 538
5,175
8,209
2,513
1,092
4,900
1,960
4,083
3,309
553
1,419, 231
889, 748
529,483
31, 770
59,150
16, 908
5,396
19,750
34,400
9,245
2,110
12,020
24, 750
7,663
3,286
3,425
3,425
Total time deposits.
Bills payable, rediscounts, and other liabilities for borrowed moneyIncome collected but not earned
Expenses accrued and unpaid
Other liabilities
600,716
15,867
102
51,516
3,496
CAPITAL ACCOUNTS
Capital stock: Common stock.
Surplus
Undivided profits
Reserves
Total capital accounts
Total liabilities and capital accounts
113, 224
65,505
47, 719
1, 532,455
955, 253
577, 202
19, 251
56,590
42,661
MEMORANDUM
Assets pledged or assigned to secure liabilities and for other purposes
(including notes and bills rediscounted and securities sold with
agreement to repurchase)
REPORT OF THE COMPTROLLER OF THE CURRENCY
159
TABLE N O . 33.—Assets and liabilities of all banks in the District of Columbia at
date of each call during the year ended Dec. 81, 1957
[In thousands of dollars]
Mar. 14,
1957
June 6,
1957
Oct. 11,
1957
Dec. 31,
1957
17 banks
17 banks
17 banks
16 banks
ASSETS
Loans and discounts (including overdrafts)
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve
bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of
collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing
bank premises or other real estate
Income earned or accrued but not collected
Other assets
Total assets
604,750
480,867
7
30,233
26,796
625,607
461,855
7
30,181
28,092
627,702
466,033
7
30,916
26,263
650,210
452,671
7
30,736
28,860
2,641
195,160
27,454
2,641
188, 700
27,327
2,671
190,472
24,442
2,465
186,555
31,710
106,632
22,774
391
105,066
23,256
392
106,439
23,624
119,982
20,549
290
1,150
2,360
2,591
1,150
2,734
2,368
1,150
2,596
2,330
4,136
2,202
2,182
1,503,806
1,499,376
1,505,037
1,532,455
936,151
909,533
935,122
299,767
326,464
311,340
925
925
835
33,426
41,254
40,904
78
125
98
82, 709
84,512
. 74,429
25,904
18,689
23,362
1, 879,007 1,871,004 1,859,569
1,050,761 1,081,785 1,010,862
889,219
8*8,846
849,207
326,848
835
38,440
122
73,990
27,977
1,403,884
1,055,008
848,826
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.
5,096
6,~~~
5,019
7,781
2,051
16,350
5,240
7,124
2,349
5,175
8,209
2,513
1,392,628
1,385,855
1,390,632
1,419,231
31,450
57,800
16,448
5,480
31,450
57,800
18, 754
5,517
31,450
58,800
18,594
5,561
31, 770
59,150
16,908
5,396
CAPITAL ACCOUNTS
Capital stock: Common stock..
Surplus
Undivided profits
__.
Reserves
Total capital accounts..,
>
Total liabilities and capital accounts
111, 178
113,521
114,405
113,224
1,503,806
1,499,376
1,505,037
1,532,455
99,115
111, 889
119,726
99,251
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
160
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 34.—Assets and liabilities of nonnational banks in the District of
Columbia at date of each call during the year ended Dec. 31, 1957
[In thousands of dollars]
Mar. 14,
1957
June 6,
1957
Oct. 11,
1957
Dec. 31,
1957
9 banks
9 banks
9 banks
9 banks
ASSETS
Loans and discounts (including overdrafts)
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve
bank
Reserve with Federal Reserve bank
_
Currency and coin
Balances with other banks, and cash items in process of
collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing
bank premises or other real estate
Income earned or accrued but not collected
Other assets
Total assets.
243,161
164,382
7
6,513
11,926
250,024
160,713
7
6,453
12,695
250, 743
166, 729
7
6,272
12,248
254,045
163,357
7
6,268
12,761
1,049
67,921
11,001
1,049
71,071
11,102
1,049
66,380
9,823
840
77,466
11,626
31,965
32,736
8,239
32,959
8,353
38, 530
5,234
1,150
1,108
1,658
1,150
1,429
1,612
1,150
1,199
1,562
4,136
1,245
1,687
550,107
558,280
558,474
577,202
320,701
321,398
316,326
334,406
131,124
137,458
143,589
143,106
11,082
22
23,601
9,195
13,152
23
17,318
6,227
13,588
20
18,978
11,440
495,725
846,812
149,41S
12,948
14
24, 612
6,271
502, 701
847,288
155,468
840,088
156,547
521,538
866,774
154,764
4,007
2,860
478
3,949
3,539
278
6,000
4,182
3,064
415
4,083
3,309
553
503,070
510,467
510,296
529,483
11,800
24,400
7,579
3,258
11,800
24,400
11,800
24,400
8,705
3,273
12,020
24,750
7,663
3,286
47,037
47,813
48,178
47, 719
550,107
558, 280
558,474
577,202
41,157
43,079
49,472
42,661
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
3,287
MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes
161
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 35.—Earnings, expenses, and dividends of banks in the District of
Columbia, years ended Dec. 81, 1957 and 1956
[In thousands of dollars]
Years ended Dec. 31—
Total
1957
Number of banks *
Capital stock, par2 value 2
Capital accounts
_
National banks
1956
16
17
31,307 30,213
112,236 107,318
1957
1956
1957
7
19,433
64,854
8
18,867
63,070
9
11,874
47,382
9
11,346
44,248
6,716
1,031
15,715
116
1,693
4,027
673
13,186
337
1,856
3,705
629
12,271
370
1,750
387
1,210
543
972
1,698
640
1,130
1,670
608
Earnings from current operations:
Interest and dividends on:
U. S. Government obligations .
11,212 10,421, 7,185
1,577 1,660
904
Other securities.
30,613 27,986 17,427
Interest and discount on loans
498
161
486
Service charges and other fees on banks' loans
3,663 3,443 1,807
Service charges on deposit accounts
Other service charges, commissions, fees, and col1,391
419
lection and exchange charges
1,517
2,984
1,286
2,880
Trust department
1,244
604
1,151
Other current earnings
Total earnings from current operations
Current operating expenses:
Salaries and wages:
Officers
Employees other than officers
Number of officers *
Number of employees other than officers *
Nonnational
banks
49,544
29,793
27,411
23,389
22,133
5,383 5,060
11,286 10,669
475
457
8,887 3,271
3,126
5,971
265
1,809
2,893
5,653
255
1,787
2,257
5,315
210
1,528
2,167
5,016
202
1,534
53,182
Fees paid to directors and members of executive,
discount, and advisory committees
341
408
223
200
185
Interest on time deposits (including savings de4,054
7,502
5,128
posits)
2,607
3,448
206
169
Interest and discount on borrowed money
147
79
59
2,142
Taxes other than on net income
.
1,967
1,162
1,070
980
Recurring depreciation on banking house, furni1,189
ture and fixtures
1,121
759
677
430
4,041 3,860 3,615
7,656
7,427
Other current operating expenses
_._
35,772 31,882 19,483 17,039 16,289
Total current operating expenses
Net earnings from current operations
Recoveries, transfers from valuation reserves, and
profits:
On securities:
Recoveries
Transfprs from valuation rfiSftrvfis
Profits on securities sold or redeemed
On loans:
Recoveries
Transfers from valuation reserves.
AUother
Total recoveries, transfers from valuation reserves and profits
1956
17,410
10,372
141
2,521
90
897
444
3,567
14,843
7,290
17,662
10,310
197
22
104
11
93
11
112
76
29
36
105
63
42
169
53
132
52
34
42
37
415
296
234
172
181
124
1
7,100
1
Losses, charge-offs, and transfers to valuation reserves:
On securities:
Losses and charge-offs
Transfers to valuation reserves__
On loans:
Losses and charge-offs —
Transfers to valuation reserves
All other
476
22
862
238
204
332
272
22
530
238
272
1,035
1,312
121
1,933
203
127
928
227
34
1,631
135
145
107
1,085
87
302
68
Total losses, charge-ofis, and transfers to valuation reserves
3,117
3,357
1,486
2,132
1,631
1,225
1 Number at end of period.
2 Figures are averages of amounts reported for the June and December call dates in the year indicated
and the December call date in the previous year.
162
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 35.—Earnings, expenses, and dividends of banks in the District of
Columbia, years ended Dec. 31, 1957 and 1956—Continued
[In thousands of dollars]
Years ended Dec. 31—
Total
1957
Profits before Income taxes—
National banks
1956
1957
1956
Nonnational
banks
1957
1956
__ 14,708
14,601
9,058
8,412
5,650
Taxes on net income: Federal.
7,695
6,893
4,558
3,942
3,137
2,951
Net profits before dividends
7,013
7,708
4,500
4,470
2,513
3,238
Cash dividends. _
4,635
4,449
2,775
2,625
1,860
1,824
100
110
58
74
42
36
42
205
770
362
302
100
125
750
207
42
80
20
362
95
100
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)
Percent Percent Percent Percent Percent Percent
33.09
32.11 32.44
31.28 31.91 33.16
14.74
11.39
10.35
13.61
14.10
9.51
20.74
21.74
22.58
21.56
21.05
20.50
Ratios to gross earnings:
Salaries, wages and fees.
Interest on time deposits
All other current expenses
Total current expenses
Net current expenses
_
_
Ratio of cash dividends to capital stock (par v a l u e ) . . .
Ratio of cash dividends to capital accounts.
6,189
64.35
65.39
62.16
69.64
67.06
32.74
35.65
34.61
37.84
30.36
32.94
14.80
4.13
14.73
4.15
14.28
4.28
13.91
4.16
15.66
3.93
16.08
4.12
67.26
TABLE N O . 36.—Number of banks, capital stock, capital funds, net profits, interest and dividends, and ratios, all banks in the District of
Columbia, years ended Dec. 31, 1930-57
[In thousands of dollars. Figures for previous years published in report for 1940, p. 200] 1
Capital i
Number of Capital
banks notes and
debentures
1930
1931
1932
1933 .
1934...
1935
1936 .
1937
1938
1939
1940 .
1941...
1942
1943
1944
1945
1946
1947 .
1948
1949
1950
1951
1952
1953
1954
1955..
1956
1957
.
.
.
39
39
34
21
22
22
22
22
22
22
22
22
22
22
21
21
20
19
19
19
19
19
19
19
17
17
17
16
300
1,340
1,790
1,636
1,419
1,303
1,295
999
604
454
400
123
Preferred
stock
(par
value)
11,575
]L,650
1,650
1,554
1,355
1,208
1,288
L 130
969
794
317
34
Common
stock
(par
value)
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
24, 610
27,440
30,213
31,307
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
22,833
23,000
24,610
27,440
30,213
31,307
Capital
accounts 1
52 638
52 066
50,062
41,119
39,849
40,843
42,263
44,365
45,481
46,966
48,191
49,499
50,425
51,447
52,301
55,255
61 601
65,468
67,653
69,635
73, 451
78,295
81,881
85,707
90,209
96,050
107,318
112, 236
* Averages of amounts from reports of condition made in each year.
* Deficit.
Katios
Interest and cash dividends
Net
profits
before
dividends
On
capital
notes
and
debentures
On preferred
stock
2 983
1 514
2
1,218
2
2,186
2 416
2,501
3,744
2,966
2,480
3,455
2,986
3,283
2,436
2,468
3,573
5,485
5 438
4,991
3,589
5,083
6,361
5,800
6,446
7,143
6,773
7,388
7,708
7,013
31
77
58
47
41
40
28
24
11
17
6
34
68
68
59
50
47
56
42
38
31
16
1
Interest
Cash
on capiCash
tal notes dividends dividends
On com- and de- on pre- on common
mon
bentures ferred
to capital stock to stock to
stock
notes preferred common
capital
and de- capital
bentures
2 755
2 648
2,278
1,006
901
996
1,083
1,194
1,248
1.379
L, 4 1 6
L, 4 4 2
L, 4 3 9
L,432
L, 5 5 7
:L, 610
009.
2,198
2,412
2,653
2.912
3,014
3 068
3,166
3,553
3,941
4,449
4 635
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
14.44
14.36
14.73
14.80
Total
interest
and cash
dividends
to capital
accounts
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
3.94
4.10
4.15
4.13
Net profits before dividends
To
capital
stock
12.43
6 49
2 5.28
22 11.20
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
27.52
26.92
25.51
22.40
H
1
To
capital
accounts
5.67
2 91
2 2.43
22 5.32
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
7.51
7.69
7.18
6.25
o
E
o
d
CO
164
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 37.—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
1938-57
ALL BANKS
[In thousands of dollars]
Year
T o t a l loans
end of year
Losses and
charge-offs
Eecoveries
Net losses Ratio of losses
(or recovor recoveries
eries+) to
loans
(+)
Percent
1938
1939
1940
1941
1942
1943
1944
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
_
_
_
Average for 1938-57
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
501,630
579,680
631,394
650,210
416
257
371
332
225
237
600
195
184
303
1395
1574
1382
1475
1393
1579
1335
1360
1423
1477
201
137
193
277
351
297
434
300
483
529
2 211
2 304
2 539
2 315
2 253
2 406
2 162
2 243
2 173
2 212
215
120
178
55
+126
+60
166
+105
+299
+226
184
270
+157
160
140
173
173
117
250
265
293, 550
376
301
75
.03
112
108
59
.25
.21
.10
.22
.11
.14
.04
+.11
+.06
.15
+.08
+.17
+.09
.07
.09
+.05
.04
.03
.04
.03
.04
.04
NATIONAL BANKS
1938
1939
1940 .
1941
1942
1943
1944
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
_
_
—
Average for 1938-57
See footnotes at end of table.
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
300,865
347,098
378, 746
396,165
215
167
178
122
112
133
110
66
62
133
1264
1261
1166
1298
1279
1288
1 139
1206
1241
1252
103
59
119
143
147
113
141
112
211
230
2 100
2 93
2 180
2 191
2 102
2 289
2 75
2 123
2 103
2 134
162,634
185
139
+21
+35
20
+31
+46
+149
+97
164
168
+14
107
177
+1
+.03
+.06
.04
+.06
+.07
+.15
+.07
.11
.11
+.01
.05
.08
64
83
138
118
.02
.02
.04
.03
46
.03
165
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 37.—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
1988-57—Continued
NONNATIONAL BANKS
[In thousand of dollars]
Year
1938
1939
1940
1941
1942
1943
1944
1945 .
1946
1947
1948 _
1949
1950
1951
1952
1953
1954
1955
1956
1957
Total loans
end of year
_
.
Average for 1938-57
..
Losses and
charge-oils
Recoveries
Net losses Ratio of losses
(or recovor recoveries
eries+) to
(+)
loans
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
200,765
232,582
252,648
254,045
201
90
193
210
113
104
490
129
122
170
1131
1313
1216
U77
1114
1291
1196
1154
1182
1225
98
78
74
134
204
184
293
188
272
299
2 111
2 211
2 359
2 124
2 151
2 117
2 87
2 120
2 70
2 78
103
12
119
76
+91
+80
197
+59
+150
+129
20
102
+143
53
+37
174
109
34
112
147
130,916
191
163
28
Percent
i Excludes transfers to valuation reserves.
* Excludes transfers from valuation reserves.
NOTE.—For prior figures beginning with year 1928 see Annual Report for 1947, p . 109.
.19
.02
.17
.10
+.15
+.14
.36
+.10
+.19
+.12
.02
.07
+.09
.03
+.02
.09
.05
.01
.04
.06
.02
166
OF
REPORT OF
TABLE N O . 38.—Total securities of banks in the District of Columbia, losses and
recoveries on securitiesf and ratio of net losses or recoveries to securities, by calendar
years 1988-57
ALL BANKS
[In thousands of dollars]
Total securities end of
year
Year
1938
1939
1940
1941
1942
1943
1944
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957-
_
.-
A verage for 1938-57
Losses a n d
charge- jffs
138,533
134,137
136,389
158,518
306,889
433,694
549,977
719,103
621,710
547,104
509,545
534,759
575,500
601,232
570,881
548,393
575,323
543,452
521,085
514,639
892
1,045
732
827
466
770
639
299
205
347
1201
1126
1169
1757
1711
1634
1164
1509
11,224
1518
462,043
562
Recoveries
Ratio of losses
Net losses or (or recoveries
recoveries (+) + ) to securities
PfrcerU
.34
.41
.28
.30
.07
.04
.03
.002
.01
.05
.02
.02
.03
.13
.12
.10
.02
.09
.23
.10
21
466
552
381
468
204
180
180
21
80
264
113
124
167
757
703
563
130
508
1,224
517
182
380
.08
334
394
285
242
199
469
250
173
76
16
2
80
228
489
248
375
72
172
.28
.60
.30
.40
.04
.06
426
493
351
359
262
590
459
278
125
83
288
22
22
28
2 71
2 34
2
1
NATIONAL BANKS
1938.
1939
1940
1941
1942
1943
1944
1945 .
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
.-
-.
Average for 1938-57
See footnotes at end of table.
662
883
533
617
271
641
231
182
97
166
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
378,648
354,373
348,086
331,406
144
124
1100
1540
1432
1265
1151
U67
1332
1204
292,432
322
2
1
27
2 67
(2)
+1
l
21
150
+ 323
6
100
540
425
198
151
167
332
21
203
130
192
+.0J
.002
.01
.05
+.01
.01
.03
.14
.12
.06
.04
.05
.10
.06
.07
REPORT OP THE COMPTROLLER OP THE CURRENCY
167
TABLE NO. 38.—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 1938-57—Continued
NONNATIONAL BANKS
[In thousandslof dollars]
Total securities end of
year
Year
1938
1939
1940.
1941
1942
1943 .
1944
1945
1946
1947
1948
1949
1960
1951.
1952
1953
1954. .
1955
1956
1957
_
_
__.
Average for 1938-57
Losses and
charge-offs
57,247
52,867
64,800
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
196,675
189,079
172,999
183,233
330
162
199
210
195
129
408
117
108
181
157
1
102
169,611
240
Recoveries
92
99
66
117
63
121
209
105
49
67
2
8
21
22
169
1217
1279
1369
1
21
24
2 34
21
13
1342
1892
1314
Ratio of losses
Net losses or (or recoveries
recoveries (+) + ) to securities
238
63
133
93
132
8
199
12
59
114
149
101
67
217
278
365
+21
341
892
314
52
188
Percent
.42
.12
.24
.15
.13
.01
.10
.004
.02
.05
.07
.05
.03
.10
.13
.19
+.01
.18
.52
.17
.11
1 Excludes transfers to valuation reserves.
Excludes transfers from valuation reserves.
NOTE.—For prior figures beginning with year 1928 see Annual Report for 1947, p . 110.
2
TABLE N O . 39.—Fiduciary activities of banks in the District of Columbia,
Dec. 31, 1957
National
Total
Nonnational
Number of banks exercising fiduciary powers
Number with authority but not exercising fiduciary powers..
Total number authorized to exercise fiduciary powers. .
Total banking assets of banks authorized to exercise fiduciary
powers
_
_
$1,345,320,281
Personal account liabilities:
Living trusts
Court accounts
Agency, escrow, custodian, etc
All other liabilities
_
_._
Total liabilities
Number of personal accounts:
Living trusts
_
Court accounts
___
__
Agency, escrow, custodian, etc
Number of corporate trust bond issue accounts being administered
_
_
Number of all other accounts being administered i
$912,679,665
$432,640,616
292,612,381
39,903,647
478,701,054
5,747,794
140,049,329
13,092,830
263,987,112
2,508,504
152,563,052
26,810,817
214,713,942
3,239,290
816,964,876
419,637,775
397,327,101
3,658
522
1,875
1,626
208
815
2,032
314
1,080
53
34
105
19
155
Total number of accounts being administered
Bond and debenture issues outstanding where bank acts as
trustee
Trust department gross earnings for year ended Dec. 31,1957.
1
2,788
$223,528,929
$201,906,579
$21,622,350
$2,984,000
$1,286,000
$1,698,000
Corporate paying agency, depository, registrar, transfer agency, etc.
TABLE N O .
40.—.
and liabilities of all active banks in the United States and possessions, by classes, Dec. 81, 1957
[In thousands of dollars]
Total all
banks
Number of banks
-
National
banks
All banks
other than
national
Banks other than national
State comnierciall
Mutual
savings
523
Private
S
14,103
4,627
9,476
8,885
1,424,528
36,156,907
6,924,447
730,649
2, 601,012
1,648,896
462,601
3,624,001
40, 825,215
20, 511,661
2,850,061
523,131
9,436,494
2,520,917
311,876
1,073,246
727,498
183,713
1,725,503
22,208,647
11,227,130
1,528, 543
901.397
26, 720,413
4.403,530
418,773
1,527,766
921.398
278,888
1,898, 498
18,616, 568
9.284,531
1,321, 518
842,511
7,706,331
2,300,108
418, 586
1,517,977
901,669
278,572
1,890,703
18,499,761
9,092,192
1, 289, 585
57,250
19,009,783
2,101,887
1,642
49,848
181,235
26,788
1,636
4.299
1,535
187
9,789
11,498
316
6,153
66.959
11,104
5,145
117, 759, 978
2,000,196
51,466,698
964,421
66, 293,280 44,737,995
1,035, 775
815,351
21,436,664
220,154
118,621
270
115, 759,782
50, 502,277
65, 257, 505 43, 922, 644 21,216,510
118,351
66, 066,124
14,669, 460
7,091,951
1,290,402
34,728,048 27,100, 289 7,552, 295
31,338,076
7, 495, 878 7,173, 582 6, 439,686
681,575
5,211,245 1, 642, 073 3,563,964
1,880,706
1,023, 353
267,049
767,499
248, 597
75,464
52,321
5,208
7,257
89,117,937
40, 981, 709
48,136,228
3, 532, 901
46, 006,103
2,330, 442
63,147
174,658
1,003, 756
1,198, 793
1, 734, 533
25,130,601
1,187,155
36, 487
116,139
374, 518
459, 221
1, 798,368 1, 655,434
20, 875, 502 20,055,495
1,143,287
929,095
26,660
20,134
58, 519
58,519
629, 238
613, 521
739, 572
458,284
ASSETS
Loans and discounts:
Real estate loans:
Secured by farm land (including improvements)
_
Secured by residential properties (other than farm)
Secured by other properties
_
Loans to banks
_
Loans to brokers and dealers in securities
_
Other loans for the purpose of purchasing or carrying stocks, bonds, and other securities
Loans to farmers directly guaranteed by the Commodity Credit Corporation
Other loans to farmers (excluding loans on real estate)
Commercial and industrial loans (including open market paper)
Other loans to individuals for personal expenditures
_
All other loans (including overdrafts)
_
Total gross loans
Less valuation reserves
_
—
_
.-.
._
„
-
Securities:
U. S. Government obligations, direct and guaranteed
_
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stocks of Federal Reserve banks
Total securities
Currency and coin
Balances with other banks, including reserve balances and cash items in process of collection
Bank premises owned, furniture and fixtures..
Real estate owned other than bank premises
_
Investments and other assets indirectly representing bank premises or other real estate
Customers' liability on acceptances outstanding
Other assets
-
_
-
Net loans
Total assets
—
---
_.
_
8,231
35, 430,645 12, 565,333
259,187, 519 120, 522, 640 138, 664, 879 103,143,771
140,250
139, 727
749,888
212,434
6,342
3,207
70,119
1,758
184
277,626
15,717
3,662
35,167, 860
353,248
o
§
o
w
LIABILITIES
Demand deposits:
Individuals, partnerships, and corporations
U. S. Government
_
States and political subdivisions
Banks in the United States
Banks in foreign countries
Certified and cashiers' checks, etc
_._
._.
Total demand deposits
_
_..
-._
Time deposits:
Individuals, partnerships, and corporations
U. S. Government
Postal savings
States and political subdivisions
Banks in the United States
Banks in foreign countries.
Total time deposits
I
_
-
_
_
_
_
_
Total deposits
Bills payable, rediscounts, and other liabilities for borrowed money
Acceptances executed by or for account of reporting banks and outstanding
Other liabilities
110,139,208
3,973,757
10,797,512
13,886,169
1,771,930
3,641,236
58,715,522
2,193,939
6,210,102
8,388,835
576,393
1,796,174
51,423,686
1.779,818
4,587,410
5,497,334
1,195,537
1,845,062
51, 205,323
1,775,276
4,581,176
5,478,481
1,171,943
1,821, 111
17,148
4,203
1,935
343
7,305
201,215
339
4,299
18,510
23, 594
16,646
144,209,812
77,880,965
66,328,847
66,033,310
30,934
264.603
85,402,700
293,966
25,041
2,857,397
29,138,727
218,928
11,270
1,668, 213
17,089
501,119
56,263,973
75,038
13,771
1,189,184
146,879
724,089
24,593,163
75,021
13,771
1,177,471
145,520
722,839
31,651,884
14
18,926
3
1,225,208
10,535
1,359
89,968,280
31,555,346
58,412,934
26,727,785
31,663,792
234,178,092
109,436,311
124,741,781
92,761,095
31,694,726
97,990
1,048,426
3,326,591
38,324
388,516
1,566,272
47,874
640,184
1,343,572
3,212
238,651,099
111, 429,423
127,221,676
94,792,725
18,085
5,241,025
10,546,444
4,010,035
671,801
3,760
2,802,453
4,416,426
1,618,857
251,721
49,030
14,325
2,438,572
6,130,018
2,391,178
420,080
14,325
2,432,974
3,937,748
1,689,915
227,054
11,443,203
8,351,046
3,059,440
138,664,879 103,143,771
35,167,860
"416,482"
32,108,420
c
3
1,178
~I~250
8
8,580
19,726
6,265
S
2
g
320,531
9
Total liabilities
CAPITAL ACCOUNTS
Capital notes and debentures
Preferred stock
Common stock
_
Surplus
Undivided profits
Keserves and retirement account for preferred stock and capital notes and debentures
Total capital accounts
Total liabilities and capital accounts
20,536,420
9,093,217
259,187,519
120,522,640
'Includes stock savings banks.
*Book value for insured mutual savings banks included with "Reserves"—retirable value amounts to $3,030,000.
W
2,172,196
699.687
187,557
5,598
20,074
1,576
5,469
o
TABLE N O . 41.—Assets and liabilities of all active banks in the United States and possessions, Dec. 31, 1957 {including national, State
commercial, savings, and private banks)
ASSETS
[In thousands of dollars]
Location
Maine
New Hampshire- - Vermont
Massachusetts
Khode 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
Balances
with
other
U.S. Gov- ObligaBanki
Corporate
banks
Loans and ernment
tions of
stocks,
including premises
Other
obligaPopulation Num- discounts,
owned,
States
bonds, including Currency reserve
tions,
(approxi- ber of including
and politstocks of and coin balances furniture
notes,
direct and ical suboverand
Federal
a n d cash
mate)
banks
and deguarandrafts
divisions bentures Reserve
items in fixtures
teed
banks
process
of collection
475, 067
487, 572
290, 538
5, 691, 206
710, 222
2, 327, 801
955,000
579,000
381,000
4, 919,000
875,000
2, 280, 000
89
108
66
357
18
158
9, 989, 000
796 9, 982, 406 5, 204, 803
588 34, 750, 972 12, 534,349
294 3, 475, 606 2,194, 798
778 7,354, 254 3, 912, 689
343, 536
242,368
29
973, 910
155 1,145, 760
16, 004, 000
5, 714,000
11,154,000
450,000
2, 946,000
835,000
16
650, 210
302,130
235,805
113, 252
2, 991,198
315, 305
1, 247,113
452, 578
42, 875
28, 330
24, 904
327, 845
71, 700
260, 762
68,129
31, 455
7,902
403, 293
88, 377
256, 333
23, 995
36, 532
2,941
251, 542
27,170
120, 639
107, 749
21, 707
73, 931
11, 819
53,089
8,045
123,958 1, 243,310
116,824
26,141
461, 885
78, 890
11,582
9,548
4,746
93,364
14,110
45, 859
756,416
855, 489
462, 819
2, 701,353 2, 284, 659
763, 253
336, 560
1,122, 515
865,188
43,159
78, 352
153,141
119, 935
427, 616
35, 204
77, 741
11, 260
6,314
270, 560 2,056, 788
430, 666 10, 903, 354
159, 329 1,029, 502
280, 815 2, 680,189
115,382
13, 594
450, 239
58, 826
306, 537
Investments
and
other
Real
Cusestate assets tomers'
indiowned
liabilrectly
other
ity on
repre- acceptthan
bank senting ances
bank
premoutpremises
standises or
ing
other
real
estate
756
104
786
1,219
511
862
179, 209
5,839
4,238
36, 998
466, 435
95,184
174,166
8,118
28,184
4,379
1,165
7,026
1,404
417
9,049
690
10, 512
1,321
429
716, 465
331
9,466
8
441
20, 549
290
4,136
26,137
4,029
905
83
38
81
7,243
2,208
604
4,443
9,537
53
201
162
726, 711
161
215
27
51
11,602
7,407 3,197, 390
2,909 1, 333, 772
14, 315 2, 736, 489
963, 385
1,600
8,436 2, 769, 417
14, 722 4, 410, 431
5,207 1, 949, 217
4,803 1,174, 639
9,370 3, 002, 905
28, 687 11, 397, 792
1,167, 056
1,772
3,807 2, 352, 488
5,561 3, 064, 596
29, 587
71, 436
108, 596 39, 519, 577
30, 736
28,860
2,465
1,860 47, 720, 338 20, 310, 692
313 1, 342,069
860, 471
183
452, 207
486, 432
210 1,103,980
600, 828
144
346, 658
275, 279
396 1,161, 627
686, 703
270 1, 528, 588 1, 389, 431
239
726, 013
516, 868
195
405,058
300, 362
182 1,026,175
857, 925
955 4, 467,070 2, 591, 746
237
387,045
320, 404
364
867, 673
723, 505
298 1, 296, 601
722, 323
4, 814,157 3,
185,369
66, 994
226,429
76, 512
133, 532
273,245
173, 237
163,191
245,347
565, 323
114, 823
86, 209
184, 685
713. 554
560, 600
4,901
2,808
3,855
1,306
3,896
5,162
2,726
1,207
3,824
19, 918
1,361
2,939
4,425
974. 940 15, 485, 203
76, 270
606, 975
35, 239
257, 704
72, 667
579, 779
31, 728
190, 277
54, 020
639, 000
96, 564
980, 951
47,129
412, 565
31, 716
241, 383
59, 497
728, 272
174, 739 3,103, 717
24, 622
277, 240
50, 216
556, 912
63, 215
696,180
792, 636
68, 213
15, 840
100,693
28, 652
42, 942
50, 316
42, 424
12, 680
36, 474
198, 439
27, 717
44, 836
43, 440
12', 136
33, 263
10,690
36,199
61,073
19, 829
13, 046
27, 912
173, 243
11,288
15, 842
35, 573
14, 681
899
383
570
645
2,001
2,803
851
401
1,055
10, 265
731
297
829
47,045,000
3,986 15,110, 764 10, 332, 277
2, 494,896
712, 666
58, 328
817, 622 9, 270, 955
490, 720
21, 730
Total
assets
936
1,432
299
2,046
79
1,047
37,103,000
3, 864, 000
1, 993, 000
4, 568,000
2, 404,000
3, 834,000
4, 227,000
3,183,000
2, 213, 000
3,113,000
9, 284,000
1, 781, 000
3,077,000
3, 504, 000
31, 710
Other
assets
4
36,556
397
41
2,205 1,057,131
917, 297
769
507,191
685
39,995 11, 205, 532
3,484 1, 374,320
24, 313 4, 825, 545
71, 451 19, 887. 016
475, 970 65, 705, 267
35,173 8,126, 795
56, 511 16, 551,072
861,064
2,562
47, 005 2, 984, 601
4,384
980
333
160
188
2,611
55,108
O
O
1, 532, 455
621, 605 95, 761, 254
o
d
s
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
-
9,314,000
4,606,000
9,767,000
7,957,000
3,920,000
3,370,000
2,837,000
4,307,000
46,078,000
614
468
939
398
555
684
668
608
4, 821,064
1,683, 870
6, 537,464
3, 407, 543
1, 662,053
1,873,652
1, 257,827
2,323,217
3, 455, 449
708,135
1, 724, 765
227, 611
5, 554,559 1,091,776
2,830,762
698,019
1,458,466
244,993
1,114,162
275,716
944,866
255,269
1, 714 883
347,759
4,934 23,566, 690 18, 797,912
163,309
58, 705
398,994
44, 592
87,400
178,406
40,174
109,258
23,658
5,529
36, 525
12,466
4,265
4,789
2,571
21, 595
3,849,278 1,080,838
111,398
648,000
711,000
1, 473,000
2,164,000
677,000
318,000
1,705,000
845,000
2,305, 000
154
172
421
595
115
53
170
52
387
226, 748
249, 730
588, 282
767, 757
286, 654
130, 576
753, 914
232, 864
918, 426
315,814
253,349
504, 754
716,022
270, 428
148,392
532, 955
214,239
680, 535
63,959
34,651
101,747
235,401
46,005
17,071
74,497
23,615
197,820
10,846,000
2,119
4,154, 951
3,636,488
794,766
45,776
18,891
24,236
37, 579
27,306
6,011
14,605
6,016
38,349
480
685
2,037
2,458
849
497
2, 577
518
3,820
218,769
13, 921
2,023, 989
872, 440
3, 459, 563
1,351, 245
751, 736
850, 774
546,530
1, 464,304
102,970
39, 743
71,142
83,346
34,222
33,049
16,646
36,008
1,069
648
3,655
1,428
882
1,184
515
1,454
14, 349
887
11,832
6,709
3,191
7,012
2,922
2,313
639
69
7,399
351
132
653
34
4,360
933, 684 11,320, 581
417,126
10,835
49,215
13,637
95, 411
110, 729
350, 536
460,029
156, 644
80,371
429, 599
137, 067
687, 494
5,813
4,530
10, 382
16,977
7,915
2,859
12, 822
9,213
21, 497
400
583
276
1,203
369
321
524
254
707
250
243
1,003
237
20
1
1,076
170
7,597
1,133
161, 569 2, 507, 880
92,008
4,637
10,597
1,133
218,120
102, 357
186, 772
167, 476
76, 735
51,371
51, 725
79,128
8,555
8,583
19, 262
33,208
10, 871
6,086
26,320
12,199
36, 485
34, 749
11,110
66,411
25,117
14,148
12, 564
3,759
15,000
11, 567,500
4, 727, 734
17, 426,092
8,629,054
4, 338,223
4, 403,332
3,122,838
6,119,279
182,858 60,334,052
1,769
2,248
3,395
3,057
2,043
1,779
7,390
1,063
3,769
764,975
684,222
1,605,910
2, 273,928
809,104
393,964
1, 856, 279
637, 218
2, 597, 632
1
26, 513 11,623,232
92 1, 406, 434
636
Washington
_
2, 761,000
686
4,347
9,109 3,078,683
773,441
187,749
41,288
38, 798
88,319
527, 396
480
56
149
1, 796,000
2,867
8,212 1, 995,113
Oregon
820,350
567,017
162,369
18, 471 352,507
28,630
34,297
244
128 11, 021,005 5, 400,130 1,383,473 318,211
151,
442
14,223,000
California
69,480
40,645
106,
798 22, 762,419
207, 421 3,828,975
231,912
2,927
28
613,873
651,000
816
884
253,433
209,754
31,873
8,362
7,685
40
2,388
98,387
251
Idaho
49
916, 788
869,000
1,410
1,458
406,
726
234,537
53,528
12,123
5,578
80
9,829
183,886
95
7,538
Utah
6
357,260
274,000
423
1,540
148,923
115,586
21,735
6,318
6,732
9,785
46,205
13
Nevada
7
994,158
1,167,000
1,446
6,849
515, 842
199,767
46,342
21,283
20,670
137
13,891
161,807
582 5,542
Arizona »
Total Pacific
366 14, 572, 713 7,500,232 1,887,069 476,720
80,789
4,592 54,451 152,444 134,850 30,718,294
21,741,000
315, 266 5,199,163 340,005
States
Total United
States (exclusive of possessions)
_ - 172,802,000 14,061 115,107, 862 65, 782, 404 14, 596, 582 7,058,036 1,287, 855 3, 473,641 45, 840, 570 2,311, 704 62,314 174, 225 1,002, 359 1,145, 873 257, 843, 425
I
18
7,474
433
13
6,432
241
167,000
7,843
2,553
63, 483
173,323
Alaska
61,110
23,380
361
Canal Zone
40,000 0)
1,138
1,718
1,894
19
21,449
(Panama)
16,680
50,000 (2)
Guam
9,608
630
75
9
251
21,516
10,943
The Territory of
10
1,514
294
326
* H a w a i i . . -3
568,000
247, 936
142,847
8,277
22,150
668,133
30,476
10,164
100,053
4,096
10
Puerto Rico
2,279,000
1,007
1,059
65,090
34,559
26,272
325,059
19,198
5,698
208
37,618
536,413
20,645
1
American Samoa...
21,000
1,309
12
2
277
202
18
1,909
89
Virgin Islands of the
3
United S t a t e s 13
927
24,000
6,792
8
15
10,991
51
2,377
177
21,351
42
3,149,000
433
2,547
33, 915
165,533
833
Total possessions651, 920
283, 720
72,878
59,260
18, 738
1,397
52, 920 1,344,094
Total United
States and pos175,951,000 14.103 115,759,782 66,066.124 14. 669,460 7. 091, 951 1, 290, 402 3,532,901 46.006.103 2,330, 442 63,147 174,658 1,003,756 1,198,793 259,187,519
sessions
O
*Asset and liability items include data for branches of a national bank and a State
1 2 branches of a national bank and 2 branches of a State member bank in New York.
member bank in New York.
2
Branch of a national bank in California.
3
TABLE N O . 41.—Assets and liabilities of all active banks in the United States and possessions, Dec. 81, 1957 {including national. State
commercial, savings, and private banks)—Continued
LIABILITIES
[In thousands of dollars]
Time
deposits
Total
941,203
811,989
458,586
9,942,977
1,236,930
4,356,669
175
1,380
12
322
___
4,265,136
486,440
1,707,026
599,789
583,242
320,503
5,677,841
750,490
2,649,643
Total New England States
7,166,846
10,581,508
17,748,354
Location
Maine
New Hampshire
Vermont
_
Massachusetts
Rhode Island
Connecticut
_
_
Total Eastern States
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana...
Arkansas
Kentucky
lessee
| Demand
deposits
341,414
228,747
New York
New Jersey
_
Pennsylvania
Delaware
Maryland
District of Columbia
Texas
Bills payAcceptances
able, rediscounts, executed
and other by or for
liabilities account of
reporting
for borbanks and
rowed
outstandmoney
ing
_
_
"_II___I
_
___
Total Southern States
Other
liabilities
Capital
stock i
Surplus
and retirement
Undivided account for
profits
preferred
stock and
capital
notes and
debentures
34,411
33,114
11,691
313,392
13,432
115,261
48
4
37,635
454
41
9,504
7,132
3,728
153, 566
18,457
51,629
20,505
8,650
11,042
135,237
21,580
65,492
219,317
1,937
38,134
244,016
262,506
1,006,290
521,301
64,478
31,709,498 26,308,495 58,017,993
3,783,280 7,471,646
8,921,640 5,873,022 14,794,662
258,439
766,485
508,046
1,598,152 1,121,770 2,719,922
1,055,008
348,326 1,403,334
17,920
1,400
5,920
753,514
331
10,136
8
441
1,167,956
80,649
3,392,205
312,137
9,019
30,331
15,897
1,195,752
149,352
367,868
14,331
44,876
31,770
995,204
83,790
226,405
12,972
58,884
16,908
164,723
27,490
27,955
425
10,059
5,396
47,480,710 37,693,332 85,174,042
25,240
764,430
1,487,285
1,803,949
236,048
161
215
27
75,333
33,551
56,793
25,841
64,908
113, 575
46,264
23,273
62,260
320,549
29,290
52,706
68,810
4,876,097
= = = = =
120,465
61,874
122,791
36,124
95,609
119,554
68,522
60,765
99,757
367,352
37,956
90,224
100,999
1,394,163
1,110
6,495
1,405
105
218
500
2,250
525
45,417
25,470
32,107
12,134
41,202
40,619
32,096
1,593
35,208
137,703
26,072
38,942
49,168
6,066
5,839
9,084
2,516
21,071
15,204
5,050
1,138
3,410
33,666
3,827
4,426
6,414
973,153
1,381,992
517,731
117,711
1,847,872
857,239
1,869,895
712,545
1,933,805
3,052,888
1,318,432
848,219
2,241,883
8,566,163
853,138
1,737,622
1,956,074
1,067,651 2,915,523
333,429 1,190,668
587,155 2,457,050
878,112
165,567
572,959 2,506,764
1,023,918 4,076,806
457,890 1,776,322
232,615 1,080,834
533,666 2,775,549
1,834,799 10,400,962
211,675 1,064,813
410,066 2,147,688
839,784 2,795,858
27,795,775
8,271,174 36,066,949
300
11,602
33,315
9,660
57,232
8,553
38,665
43,836
18,545
6,323
23,294
66,763
5,098
18,313
31,445
27,925
73,074
361,042
15,017
337
168
188
3,427
55,780
48,070
51,188
15,892
588,743
57,824
120,088
69,150
3,844
6,236
33,660
387
17,088
to
g
3
o
o
d
Ohio
Indiana
Illinois
Michigan
•^ Wisconsin
3 Minnesota
g« Iowa
& Missouri
6,
|
1
iL
to
Total Middle Western States
North Dakota
South Dakota.
Nebraska
Kansas
Montana
Wyoming
Colorado...
New Mexico
Oklahoma
_. .
Total Western States
Washington
Oregon
California-.. .
Idaho .
U t a h . _.
Nevada
Arizona. >
.
.
Total Pacific States
6,669,055
2,963,902
11,391,750
4,539,035
2,398,644
2,469,475
2,045,095
4,456,966
3,919,538
1,382,476
4,573,066
3,377,229
1,613,702
1,554,483
810,693
1,136,527
10,588,593
4,346,378
15,964,816
7,916,264
4,012,346
4,023,958
2,855,788
5,593,493
36,933,922
18,367,714
55,301,636
The Territory of Hawaii
Puerto Rico. _
American Samoa
..
Virgin Islands of the United States
Total possessions
Total United States and possessions.
_
129,889
46,306
175,581
122,026
26,748
48,830
8,766
54,468
252,833
90,089
413,485
180,677
85,537
92,808
65,803
146,801
453,552
150,383
546,641
273,804
141,590
143,096
97,779
178,436
131,731
82,965
210,436
116,441
63,268
73,437
80,291
129,345
8,544
11,544
101,286
19,491
8,502
20,165
9,871
10,478
13,741
14,952
612,614
1,328,033
1,985,281
887,914
189,881
1,910
1,133
5,551
4,823
8,172
9,861
8,229
2,710
20,436
5,020
14,410
14,071
13,336
40,375
51,685
15, 548
4,938
44,845
12, 575
61,813
20,590
19, 111
53,753
78,369
17,527
13,656
56,780
12,552
84,908
15,695
15,470
36, 457
50,025
10,497
7,732
27,951
5,211
58,177
7,720
2,629
6,986
3,251
737
1,395
3,515
6,093
5,909
1,133
636~
155
154,298
79, 212
259,186
357,246
227, 215
38,235
59,665
48,270
451,812
15,113
19,881
8,061
21,985
109,980
58,961
647,190
15,813
30,006
7,839
35,451
48,927
45,629
322,747
4,535
10,670
5,587
10,827
5,401
358
11,560
447
768
67
765
464,224
442,366
1,291,811
1,648,728
556,139
265,343
1,251,010
461,019
2,000,898
236,929
186,487
163,037
429,323
200,427
98,190
450,775
134,748
368,474
701,153
628,853
1,454,848
2,078,051
756, 566
363,533
1,701,785
595,767
2,369,372
8,381,538
2,268,390
10,649,928
11,077
1,687,611
1,074,274
11,273,662
373,497
505,170
208,456
641,632
1,131,064
736,588
9,504,174
198,989
336,814
122,829
265,191
2,818,675
1,810,862
20,777,836
572,486
841,984
331,285
906,823
90
137
35,309
30,878
396,641
5,479
13,399
4,421
18,170
15,764,302
12,295,649
28,059,951
425
155,306
504,297
624,787
905,240
448,922
19,366
89,477,767 233,000,860
80,345
1,047,029
3,288,466
5,251,614
10,512,146
3,997,246
665,719
59,007
2,027
9,441
215,770
191,940
890
11,438
162,024
21,444
21,028
517,587
433,490
1,725
19,934
3
698
5
488
5,153
31,517
17
247
3,435
3,504
2,886
773
14,662
37,791
100
538
19,025
11,419
25
325
7,648
1,996
2
257
3,621
1,610
28
50
490,513
1,177,232
17,645
1,397
38,125
56,526
34,298
12,789
6,082
89,968,280 234,178,092
97,990
1,048,426
3,326,591
5,308,140
10,546,444
4,010,035
671,801
Total United States (exclusive of possessions)
- __ _ _
143,523,093
Alaska
_
Canal Zone (Panama)
100
385
4,506
1,575
639
69
8,391
351
132
653
34
4,683
1,719
5,456
103,017
19,417
11,587
301,817
241,550
835
8,496
686,719
44,209,812
195
5,319
2,686
967
335
80
111
17,531
326
1,059
12
o
o
w
8
o
d
* Includes capital notes and debentures. (See classification on pp. 176 and 177).
^1
00
TABLE N O . 41.—Assets and liabilities of all active banks in the United States and possessions, Dec. 81, 1957 (including national, State
commercial, savings, and private banks)—Continued
[In thousands of dollars]
Loans and discounts
Real estate loans
Secured
Secured
b y resib y farmSecured
dential
land (inb y other
properties
cluding
proper(other
improveties
than
ments)
farm)
Location
Maine _ _
New Hampshire
Vermont
Massachusetts
Khode Island.
Connecticut
Total New
England States.
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of
Columbia
Total Eastern
States
221,725
300,848
146,137
2,942,006
362,831
1, 471, 937
44,457
63, 759
29,135
503,688
55,204
118, 328
51, 233
5, 445, 484
814, 571
_
125
350
8,733
1,130
1,761
468
47, 653
6,422
13, 902
2,835
1,361
4,139
21, 790
1,195
11,830
Other
loans to
individuals for
personal
expenditures
11,001
3,442
13, 759
9,857
2,133
8,313
98,130
54,553
34, 284
1, 451,181
184, 526
342, 292
83, 303
57,084
46, 789
684,889
85,093
343, 287
9,581
4,005
2,172
84, 925
20, 447
34,667
231
6
All other
loans (including Total gross
loans
over-
drafts)
480,310
491,231
293,853
5, 765, 090
720, 706
2, 353, 742
g
Less valuation Net loans
reserves
5,243
3,659
3,315
73,884
10,484
25,941
475,067
487, 572
290, 538
5,691,206
710,222
2, 327,801
71, 336
43,150
237
48, 505
2,164, 966
1,300,445
155,797
10,104,932
122,526
9,982,406
52,801 13,826,880 1,986,680 465, 582 1,454,151
263, 692
13,818 1, 632,428
116,767
465, 504
74,191 2,106,016
5,352
76, 227
26,465
10,099
96,916
2,306
92,813
23, 725
445, 988
50
16,220
478, 596
20, 315
105,094
3,711
36, 598
850
83, 306 13, 318, 051
14,825
644,680
76, 239 2, 772, 789
3,912
94,151
16,494
230,118
2, 979, 098
761, 779
1, 599,143
103, 505
251, 763
759, 686
80, 709
209,415
5,694
46, 394
35, 405, 681
3, 549,013
7, 490, 311
346, 787
1,160, 201
654, 709
73, 407
136,057
3,251
14,441
34, 750,972
3, 475. 606
7, 354,254
343, 536
1,145, 760
39,966
2,899
130
229, 294
175, 661
34, 906
658, 249
8,039
650, 210
176,080 18, 231,192 2, 885,997 470,984 1,705,637
5,870, 949 1,136,804
1,446
Virginia..
_..
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama.—
Mississippi
_
Louisiana—
__.
Texas
Arkansas. _
__.
Kentucky.
_
Tennessee
Total Southern
States
7,792
4,068
16,970
10,368
2,855
9,180
Loans
to
banks
Other loans
for the
Loans to purpose of
brokers purchasing
and
or carrydealers
ing stocks,
in secu- bonds, and
rities
other
securities
Loans to
Commerfarmers
Other
cial and
directly
loans to industrial
guaranfarmers
loans (inteed b y
(excludcluding
the Com- ing
loans
open
modity
on real
market
Credit
paper)
Corpora- estate)
tion
122,964
9,208
50,843
140
647,213
1,387
194, 916 17, 289,083
48, 610, 242
889,904
47, 720, 338
12,150
8,609
26, 275
8,127
33, 439
37, 571
4,474
9,361
7,295
207,391
4,123
11, 526
15,901
1,260
1,048
13,164
625
17,559
2,373
8,998
35,001
3,452
1,676
18,035
21,512
2,342
5,995
13,514
8,660
5,098
5,150
119,063
13,815
1,013
3,929
46, 952
7,330
33,911
11,100
33, 645
26,112
35,683
34,046
23,381
268, 221
44,816
63, 470
51,904
377, 563
91,133
431, 667
124,407
453,654
630, 681
258,652
159,914
466, 514
2,216,979
117,970
271, 912
564,780
451,849
164, 308
378, 489
112,099
358, 396
485, 707
247,995
99,996
209, 692
1,126,706
108,960
243,034
412,082
37,078
9,354
31, 763
15,748
34,406
27,146
36, 272
9,769
82,037
154, 775
5,306
30,809
26,385
1, 358,570
460,350
1,127,043
352, 345
1,177, 706
1, 551,231
743, 383
415,017
1,039,798
4, 542,965
391,513
882,032
1, 320,140
16, 501
8,143
23,063
5,687
16,079
22,643
17, 370
9,959
13,623
75,895
4,468
14, 359
23,539
1,342,069
452,207
1,103, 980
346, 658
1,161, 627
1, 528, 588
726,013
405.058
1,026,175
4, 467,070
387,045
867, 673
1, 296, 601
21,830
144, 246
386, 242
171,932
680, 571
6,165,826
4,399, 313
500,848
15, 362,093
251,329
15,110,764
40,606
11, 307
35,159
10, 510
41,026
22, 260
22, 953
27,048
22,991
40,894
23,171
63,304
48, 590
290,808
131,331
106, 521
40,087
144,824
167,404
87,883
40,267
120,583
207, 787
42,252
136,732
122, 244
84,140
36,253
60, 740
24,242
54,605
118,976
37,236
27, 574
77,957
178, 297
28,723
54,237
59, 763
3,000
100
3,233
409,819
1,638, 723
842, 743
341
28
38
6,147
373
123
268
6,163
1,340
35
1,726
3,652
8,566
O
o
103,263
Ohio
63, 552
Indiana
56, 486
Illinois
Michigan
5U 849
Wisconsin
74.426
Minnesota—
61,590
Iowa
70,731
54,316
Missouri
Total Middle
Western States- 536,213
North Dakota
9,641
South Dakota
5,081
Nebraska
14,130
Kansas
27, 758
3,857
Montana
1,990
Wyoming.
7,471
Colorado
3,184
New Mexico
19,611
Oklahoma
Total Western
States
92, 723
Washington
18,061
Oregon
15, 444
99,224
California
3,280
Idaho
7,294
Utah...
.__
1,040
Nevada
3,796
Arizona
Total Pacific
States...
148,139
Total United States
(exclusive of
possessions)
1, 414, 207
Alaska
. __
281
Canal Zone (Panama).
Guam
The Territory of
2,622
Hawaii.
7,305
Puerto Rico
American Samoa
Virgin Islands of the
113
United States
Total possessions. _ 10, 321
Total United
States and
possessions
1 424,528
1, 334, 048
509, 717
826, 677
1,046,022
508,234
57P, 322
23P, 506
490,860
295,423
102,471
219,026
234,045
128,403
88,971
60,538
129,979
1,018
% 534,386 1,258,856
88,870
29, 236
168,432
5P, 156 .
3P,439
24,452
16,865
29,973
4, 821,064
1, 683,870
6,537,464
?, 407,543
1,66?, 053
1,87?, 652
1,257,827
2,323,217
95,907
103, 850
25?, 523
7P,267
9?, 175
188,765
35% 014
136,875
1,419,899
422,440
?, 501,574
958,240
474,474
52% 123
25?, 824
848,993
1,199,666
421,085
1,18P,759
936,817
30P,497
370,336
20P,560
539,730
150, 775
28, 595
218,475
77,257
8?, 809
3P,290
24,249
64,634
4,909,934
1, 713,106
6,70% 896
?, 46?, 699
1,701,492
1,898,104
1,274,692
?, 353,190
129,252 1,304,376
8,404,567
% 170,450
687,084
24,020,113
453,423
23, 566,690
34, 240
41,080
165, 402
213, 591
60, 357
36,211
262,979
79,158
429,129
47, 333
39, 733
86, 548
158,116
83, 636
25,110
207, 215
62,645
226, 325
2,783
4,564
26,345
13,291
2,423
387
18,191
4,789
18,060
231,888
256,444
598,675
775,342
293, 255
132, 413
765, 904
238, 409
929, 306
5,140
6,714
10,393
7,585
6,601
1,837
11,990
5,545
10,880
226,748
249, 730
588, 282
767, 757
286, 654
130, 576
753,914
232,864
918,426
15
740
290
1,036
166,676
39,210
228,476
31,350
17,782
8,080
?,548
3?, 217
137,948
14, 668
184,057
48,175
12,621
1?, 531
8,377
40,667
7,546
528,339
459,044
1,256
721
5,715
6,127
1,751
827
4,134
3,086
6,713
34,407
17,016
19, 773
32,911
15,902
1,354
6,621
1,898
16,087
50,428
84, 521
209, 679
204,928
49, 793
28,427
106,952
27,363
92,224
4,447
5,311
7,518
27,396
677
56
2?,356
5?, 055
1?,883
44,887
53,407
42,600
81, 688
61, 544
27, 586
95,820
24, 275
60, 781
6,248
9,362
24,000
25, 755
12,167
10, 518
48,669
17, 294
45, 219
2,245
10,000
1,076
665
959
2,481
10,929
1,825
3
5,607
4,717
14,081
492, 588
199,232
15, 571
41,267
30,330
145,969
854, 315
1, 322,147
936,661
90,833
4, 221, 636
66,685
4,154,951
9
483,012
311,600
4, 057,995
54,384
123,065
30,130
168,011
296,031
170,810
1,895, 724
60,050
97,480
51,482
146,879
28,337
15,227
205, 716
3,363
7,486
1,041
4,331
1,428,041
827,888
11,187,174
258,044
412,626
149,926
519,836
21,607
7,538
166,169
4,611
5,900
1,003
3,994
1,406,434
820,350
11,021,005
253,433
406,726
148,923
515,842
5,228,197
2, 718,456
265, 501
14,783, 535
210,822
14,572,713
2,002
248
424,319
218,289
3, 667,431
78,054
113,430
38,908
116,846
98,921
52,717
643,140 197,026
11,559
28, 714
17,855
7,384
234
11,769
969
92,999
9
1,864
1,600
865
4,497
2,988
48, 559
837
3,816
872
438
7,324
479
27
4,588
1,144
262
55,761
39, 365
279,333
41,920
28,333
6,998
70, 790
4,657,277
860,290 197,269
110,075
62,007
13,824
522,500
35,999,650 6,861,689 722, 408 2,600,900
1, 627,986
462, 601 3, 605,183 40, 574, 786 20, 396, 274 2,836,867 117,102,551
780
13
2
63,345
1,138
9,608
2,235
13
15,899
202
5,108
61,110
1,138
9,608
20,767
81
3,453
15,117
8
56,172
174, 247
104
35,099
57,460
129
7,014
5,208
36
249,664
326, 537
277
1,728
1,478
247,936
325, 059
277
6
1,269
1,490
141
6,858
66
6,792
112
20,910
18,818
250, 429
115, 387
13,194
657,427
5,507
651,920
36,156,907 6,924,447 730,649 2,601,012
1, 648,896
10,871
55
7
221
12
100
2,053
88,868
43, 343
35, 657
15, 535
3,144
695
157, 257
62, 758
8,241
8,241
462, 601 3, 624,001 40,825, 215 20, 511,661 2,850,061 117,759,978
o
1,994,689 115,107,862
15,289
916
2,432
19,849
o
2,000,196 115, 759, 782
Ox
TABLE NO. 41.—Assets and liabilities of all active banks in the United States and possessions, Dec. 31, 1957 (including national, State
commercial, savings, and private banks)—Continued
[In thousands of dollars]
IndividCapital
Pre- Common uals, partnotes
stock
nerships,
ferred
and
and cordeben- stock
porations
tures
Location
MninA
,
_
._ .
100
New Hampshire
Vermont
_
Massachusetts
Rhode Island ... _
OomiftCtient, T .......
316
800
Total New England
States
20,405
8,650
10,726
134,437
21,580
65,492
U.S.
Government
5,410 1,750,883
36,094,847 1,445,138
Total Southern States-
30
50
650
280
47
50
200
2,187
751
525
72
6,728
1,609
1,633
7
15
43
1,345
159
40
11,318
1,609
527,588
Total Eastern States.. 47,656
1,080
596,195
582,343
318,408
5,651,907
746,619
2,645,441
224,974
5,679,110
23,101,060
3,002,338
7,357,776
430,899
1,267,652
935,122
200
States Banks Banks
and
Postal
in
in
sav- political United foreign
ings
subStates countries
divisions
33,614
25,049
15,024
325,243
34,157
94,501
261,290
Virginia .
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama.
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
U.S.
Government
10,728
9,021
3,947
127,422
15,012
58,844
2,013 1,153,099
139,349
2,987
260 367,608
14,331
44,726
150
31,770
1,216
Certified IndividStates and
and
uals, partpolitical Banks in Banks in
foreign cashiers' nerships,
subUnited
countries checks,
and cordivisions
States
etc.J
porations
275,998
174,591
112,685
3,280,115
406,628
1,429,093
40,640
7,016
New York
New Jersey
Pennsylvania . .
Delaware
Maryland
District of Columbia .
Time deposits
Demand deposits
Capital
10,801
11,638
2,396
396,567
10,278
54,183
10
29,906
1,684
|16
10,263
8,448
4,031
105,883
18,681
70,389
485,863
31,616
217,695 10,540,913
2,836
359
1,951
8,679
2,103
1,765
29
232
17,693
8,950
764
1,025
8,950
957,020 1,042.731
120,592
345,906
273,822
388,933
'17,799
35,601
154,683
146,761
! 21,222
122
3,689,064 1,437,836 1,481,787 25,042,106
' 87,954
646
131,030 3,743,695
J 729,982
22,763 148,364 5,762,272
8,092
15,655
247,766
112,950
14,767 1,101,112
1,339
65,615
27,977
4,950
326,848
31,178
5,940
5,218 1,018
920
8,949
19
17,218 835
194,910 129,693
33,053
567
100,488 2,426
9,753
12
11,678
910,608
25
1,600
1,960,054
4,693,657 1,467,434 1,819,580 36,223,799
69,423
349,882 132,698
915,658
74,253
33,351
56,763
25,791
64,908
112,925
46,264
22,993
62,213
320,549
29,290
52,656
68,810
1,388,442
628,532
1,361,214
573,344
1,375,919
2,243,396
999,033
595,803
1,439,302
6,270,215
676,188
1,364,291
1,327,179
44,751
28,052
47,676
20,035
47,549
49,928
31,144
12,370
35,304
140,939
12,830
39,792
45,443
162,399
107,153
144,142
82,635
220,623
335,120
176,959
155,683
447,485
615,340
82,443
111,616
191,186
211,409
52,616
288,164
25,615
261,837
381,961
92,928
79,359
284,235
1,351,863
73,406
208,940
372,459
970,766
20,242,858
555,813
2,832,784
3,684,792
1,872
3,425
971,975
330,247
535,059
142,428
559,023
905,945
450,971
230,343
515,395
1,477,729
208,862
380,981
796,745
18,806 1,978
469
306
6,272 4,873
5,291
12
5,415 1,226
8,302 2,502
3,331
44
2,096
2,704
400
21,027 1,159
838
445
3,353
20
2,893
232
72,925
2,350
39,436
15,991
6,808
105,696
3,116
176
14,044
324,745
1,345
25,597
38,850
1,967
57
1,515
1,845
487
1,473
428
623
4,889
185
115
1,014
500
5,250
66
2,456
40,651
40,886
28,656
10,916
27.718
38,250
17,918
4,985
28,105
166,076
8,271
12,917
17,351
36,828
442,700
7,505,703
80,797 13,197
651,079
14,598
5,800
220
43
159
4,233
450
19
7,452
21,730
50
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.
100
244
415
365
25
1,500
3,115
1,935
375
485
370
1,134
Total United States
(exclusive of possessions)
_
7,795 1,319,104
40
10
120
40
Washington
Oregon
California
Idaho
Utah
Nevada
Arizona
Total Pacific States...
252,368
89,820
411,985
177,562
83,187
92,808
65,318
146,056
130
1,237
110
1,347
5,389,600
2,335,800
8, 784, 783
3,656,699
1, 954, 941
1, 754,334
1,580,750
3,183,369
231,828
76,964
319,934
193,956
70,393
68,342
49, 071
88,185
529,065
362, 781
667,466
392,983
157, 780
233,279
242,727
314,183
392,249
136,643
1,427,963
212,109
171,842
374, 777
148,544
834,593
6,569
767
39, 912
6 730
1,661
5,126
28,640,276 1,098,673
4,301
2,900,264
3,698,720
65,066
14,071
13,296
40,375
51,675
15,548
4,818
44,845
12,575
61,813
361,532
358,604
999,442
1,172,230
437,257
198,529
988, 730
329,197
1,484,517
8,892
7,733
33,150
32,684
11,700
4,687
30,326
20,133
47,525
76,875
59,247
106,403
324,002
65,268
45,986
74,162
88,889
209,847
12 487
12,402
143,449
103,400
35,572
14 026
137,363
16,249
228,788
38
259,016
6,330,038
196,830
1,050,679
59,665
48 270
450,575
15,113
19, 771
8,061
21,985
1,362,684
844 484
9,132,218
292,036
368,640
150,319
526,810
42,286
21,465
283,355
6,531
9,607
4,513
12,996
176,573
150 827
832,127
67,986
76,696
46,464
70,909
623,440
12,677,191
380, 753
1,421,582
119, 744
50,947
151,692
76,558
42,027
33,617
24,003
32,335
3, 742,865
1,323,968
4,321,390
3,264,305
1,600,443
1,527,427
808,594
1,088,806
3,862
3,756
7,768
4,227
2,396
1,364
1,446
3,594
871
1,911
1,098
61
1,133
273
194
564
171,716
51 030
228,260
108 373
9,333
25,398
459
43,431
224
1,811
600
263
397
21
530,923 17,677,798
132
28,413
6,105
638,000
3,448
181,609
173,463
162,424
372,247
191,456
91,315
413,259
112,606
359,131
399
1,040
176
3,483
226
1,297
4,006
2,887
5,221
6
10
29
65
4
23
10
313
112
54 915
11,974
408
53,521
8,486
5,555
33,470
18,897
3,084
7
255
155
4,400
4,380
9,311
16,412
6,342
2,115
20,319
6,551
30,066
703, 736
359
99,896
2,057,510
18,735
572
190,310
1,263
69,474
25 409
447,472
2,725
41, 773
2,774
10,663
6,680
1 763
154,168
29,914
30 326
424,322
4,219
8,451
4,386
15,107
1,121,036
698 993
8,339,875
197,977
295, 770
117,463
233,746
4,657
229
57,391
986
1,811
1,287
1,545
4
14
221
11
836
940
395
7,465
27
527
36 957
828,283
15
38,347
4,079
24,873
600,290
167,761
516,725 11,004,860
67,906
1,113
933,081
8,850
56
110
3
5,147
13,950
13,950
30
45
926
3,900
270,939
50
5,000
279,839
49,030 18,085 5,184,499 109,664,320 3,902,181 10,692,951 13,867,058 1,769,064 3,627,519 85,010,583 276,592 24,468 2,780,045 161,882 1^224,197
Alaska
Canal Zone (Panama)
Guam
The Territory of HawaiiPuerto Rico
American Samoa
Virgin Islands of the
United States.
Total possessions
3,435
14,662
37,791
100
73,324
7,142
5,715
212,244
171,855
299
16,196
11,820
3,882
28,935
10,410
124
9,689
1,530
44,614
44,485
339
2,529
76
10,782
5,715
266
2,129
404
65
1,279
113
460
3,113
8,681
8
39,663
1,627
6,977
185,999
150,515
449
538
4,309
209
3,904
9
2
63
6,887
56.526
474,888
71,576
104,561
19,111
2,866
13,717
392,117
10,584
400
690
1,476
4,224
27
8,733
496
50
1,774
26,778
35,098
441
4,528
22
1
17,374
573
77,352
2,086
1,011
Total United States
and possessions
49,030 18,085 5,241,025 110,139,208 3,973.757 10,797,512 13,886,169 1,771,930 3,641,236 85,402,700 293,966
i Includes dividend checks, letters of credit and travelers' checks sold for cash, and amounts due to reserve agents (transit account).
11
2,053
1,010
25,041 2,857,397 163,968 1,225,208
TABLE N O . 42.—Assets and liabilities of active national banks, Dec. 31, 1957
ASSETS
[In thousands of dollars]
Loans and
Num- discounts,
ber of including
overbanks
drafts
Location
Maine.
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
--Total New
States
_.
148,825
82,961
1,781,559
270,202
489,558
77,019
67,553
51,810
816,339
119,287
300,195
13,778
15,810
9,852
160,376
47,060
111, 274
8,087
6,009
3,998
37,830
4,038
14,312
261 2,895,804
1,432,203
358,150
5,502,483 2,331,904
1, 511,781 1,094,538
3,706,058 2,144,278
10,411
12,704
363,424
396,165
289,214
768,144
405,210
663,220
2,358
72,202
24,468
6,199,683 1,935,602
418,405
Balances
with other
Corpobanks,
rate
including
stocks,
including Currency reserve
stocks of and coin balances
and cash
Federal
items in
Reserve
process of
banks
collection
Bank
premises
owned,
furniture
and
fixtures
55,582
55,491
30,565
819,618
56,158
219,646
4,988
3,040
2,050
35,870
7,697
14,212
Real
estate
owned
other
than
bank
178
642
139
354
25
52
Investments
and other
assets indirectly
representing bank
premises
or other
real estate
599
358
9,687
1,383
2,219
8,127
8,334
3,802
60,770
12,257
34,428
74,274
14,935
127,718
1,237,060
67,857
1,5
2,100
154,406
73,063
153,352
792
20,693
16,099
34,908
6,184
21,305
91
1,811
1,625
111,996
84,635
149,265
837
20,699
20,084
2,322,752
570,266
1, 505,844
5,050
229,178
190, 541
92,002
48,061
96,247
516
11,274
15,315
1,968
820
1,738
3,492
585
3,482
241
290
357
5,057
7,916
Customers' liability on Other
acceptances outstanding
35,479
391
35
902
260
297
14,081
1,794
5,695
318,459
280,496
186,340
3,772,350
520,292
1,192,488
35,905
23,029
6,270,425
284
508
387
Total
England
New York.
New Jersey
Pennsylvania
Delaware
Maryland.
___
District of Columbia
_.
275
169
498
7
56
7
__.
__.
Total Eastern States
Virginia...
West Virginia
North Carolina.
South Carolina.
Georgia
Florida.
_
Alabama..
__
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
30
50
33
109
5
34
ObligaXT. S.
Govern- tions of
Other
States
ment obbonds,
ligations, and po- notes and
an
direct and litical
debensubguarantures
divisions
teed
00
1,012 11,492,615
132
77
45
26
52
__.
Total Southern States...
27
41
457
55
88
74
1,241
65, 924
387, 516 4,823, 631
263,415
111, 873
30,984
39,243
37, 713
79,910
172,404
121, 736
37,143
121,569
406,835
60,464
44, 443
117,967
42,512
10,702
10,064
10,612
19,388
35,496
24,909
2,967
30, 567
128,921
11,925
18,784
21,801
1,438
1,363
1,033
2,602
4,433
2,481
661
3,302
16, 755
1,078
1,649
3,700
374,039
42,152
150,099
17,934
149, 380
17, 958
128,160
17,843
376,825
20,064
731,090
54,475
319, 538
31,369
78,664
8,083
488,623
28,706
114, 539 2, 549, 763
146,158
11,202
208, 451
20,163
39,335
23,325
7,099
8,749
7,335
20,404
37,213
14,438
4,541
17,565
138,209
6,960
7,437
23,014
6,122,980 1,382,284
368,648
43,887
423,823
761,902
488,767
233,341
263,019
275,326
168,419
232,260
172, 615
655, 522
315,235
980,067
829,241
535,883
344,848
117,106
79,420
698, 518
557,009
3, 546,261 1,977,128
201,730
157,781
315,897
278,254
907,325
491,244
9,461,138
6,227,559
316,289
1,454
275
1,288
1,972
780
157
691
8,703
610
145
16,219
6,775
1,970
500
3,079
45
182
22,867
104,259 93,485 11, 521,799
186 12,752 3,808,081
8,045 24,898 8,477,732
37
32,796
116 2,820] 1,052,153
1,452]
955,253
112,606 135,444
161
4,829
1,495
~~27~ 1,567
1,077
4,311
54 9,408
159 4,448
622
2,486 7,443
55,028 24,317
1,416
1,995
35
11,310
69,260
25,847,814
1,855,104
716,386
672,195
609,146
1,495, 549
1,402,559
329,864
1, 959, 558
8,975,321
599,369
897,435
2,146,766
24,521,880
s
Ohio
.
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri
Total Middle Western
States
North Dakota
South Dakota _
Nebraska
Kansas
Montana
Wyoming...
Colorado
__
New Mexico
Oklahoma
Total Western States
Washington
Oregon
California...
Idaho _
Utah
Nevada
Arizona
Total United States (exclusive of possessions) __
Total United States and
possessions
1,133
19,583
7, 587,104
636
149
145, 913
7,730
7,449
79,286
330
370
1,268
4,684
2,397,965
1, 746,449
16, 757,174
464,138
435, 625
250, 524
761,796
146,915 101,117
22,873,671
843
413
2,026
971
395
997
367
1,143
3,465
45
2,780
6,454
37
6,868
1,357
1,055
9, 886, 721 1,933,883
528, 544
57,386
457,484
7,021,414
219,945
7,155
14,227
9,665
15, 511
31, 666
10,083
4,282
12, 654
4,547
33,108
448
552
1,860
2,019
477
403
2,099
470
3,647
4,046
4,056
12,145
17,023
5,387
4,247
16, 647
7,049
26,461
54,991
61, 557
270, 422
276, 790
78,914
56,385
299,295
104, 469
595, 914
3,787
3,130
8,477
11,646
5,088
2,007
8,023
5,962
18, 667
396
554
119
689
161
239
269
219
665
851
100
7,476
482,949
135, 743
11, 975
97,061
1, 798, 737
66, 787
3,311
10,115
157,085
144,840
975,132
21, 898
34,179
18, 577
33, 461
51, 202
31, 634
238,218
1,593
5,070
8,812
9,865
3,898
2,786
63,158
670
779
329
1,296
33,093
13,394
147, 400
5,695
5,137
3,287
15, 539
471, 371
319, 803
2, 847,080
74, 687
89, 526
30, 567
124,172
33, 366
25,052
162, 625
6,203
1,266
4,412
14, 743
450
100
2,413
54
22
11
112
480
39, 247
39
5,850
5, 355, 450 1, 385,172
346,394
72, 916
223, 545
3, 957,206
247, 667
3,162
50, 777
267,023 1, 717,147 25, 065, 607 1,181,960
36, 294
115,836
303
119, 499
115,232
318,460
386,196
136, 660
102, 503
367,220
142, 766
538, 700
18,640
17,950
80, 624
111, 132
20, 587
11, 788
50, 927
15,906
155,395
729
2, 732, 474
2,227,236
25
12
48
9
7
3
3
1, 073,854
714, 699
8,237,158
184, 258
196, 632
101,044
415, 705
564, 800
486, 543
3, 819, 544
168, 711
96, 714
82,217
136,921
1, 689,188
929,960
3, 727,839
1, 395,899
604,135
648,242
288,946
602, 512
4,618 50, 343, 017 31, 224, 273 7,478, 040 1, 872,008
7
1
48,276
107, 050
48,844
57, 522
1
3,934
7,437
9
159, 260
113, 803
5,722
12,116
17, 838
5,161
5,821
11, 061
18,184
44,974
2,080
3,104
178
13
504
1,836
11
15
26
17, 386
64, 994
5,195
193
303
267, 049 1, 734, 533 25,130, 601 1,187,155
36,487
116,139
4,222
4,474
13
2
8,698
4,627 50, 502,277 31,338, 076 7, 495, 878 1, 880, 706
1,133
342,349
355,734
1,126, 895
1,246, 712
402, 717
277,860
1,265, 801
443,122
2,125,914
57,810
26,966
44,894
36,393
15,332
21,362
6,323
10,865
124, 658
140, 781
415, 608
407,181
144,126
94,307
503, 111
161,060
741, 642
Total possessions
33,091,207
1,407
2,019
2,669
2,175
1,229
1,699
4,705
574
3,106
1,105,337
567, 692
2,600,184
764,208
405,851
674, 566
222,277
681,299
12,837, 636
Alaska..
T h e Territory of H a w a i i . __
V i r g i n I s l a n d s of t h e
United States ___ .__
8,662 110,316
250
238
1,000
195
5
99, 774
57,249
123,471
82, 633
28,302
27, 458
14, 799
23, 798
38
34
123
169
41
25
76
26
197
107 10, 923,350
22, 061
10, 206
4,355
22,045
7,075
3,006
4,557
1,472
4,670
1,268
Total Pacific States
5, 552, 65g
2, 765,129
12,317,394
4,326,786
1,948,047
2,793, 592
1,001, 520
2,386,081
71,971
34,998
244,216
16, 354
48,266
63,364
17,226
32,149
2,168,428
1,000,248
4, 780, 804
1,698,108
743,418
1,164, 666
366,194
915, 770
______
14,850
7,823
47,232
15,191
8,011
8,956
2,272
5,981
330, 700
135,353
715,268
303,300
91,237
171,954
80,253
105, 818
229
124
394
75
96
178
96
76
86
27
6,635
200
57
602
34
1,021
80
137
O
E
s
374,481 456,415 120,132,101
37
37
305
2,400
133, 948
242, 738
101
13, 853
2,806
390, 539
374, 518 459,221 120, 522, 640
o
a-
i
o
and liabilities of active national banks, Dec. 81, 1957—Continued
TABLE N O . 42.—
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
Time
deposits
Total
deposits
Bills payAcceptable, reances
discounts, executed
Other
and other by or for
liabilities account of liabilities
for borreporting
rowed
banks and
money outstanding
105,822
47,322
87,502
471,903
213,781
227,065
284,333
250,544
167,078
3,332,414
470,112
1,085,847
4,436,933
1,153,395
5,590,328
450
36,556
391
35
36,982
7,427,482
2,047,642
4,985,174
16,206
737,756
688,234
2,629,386 10,056,868
1,465,975 3,513,617
2,542,461 7,527,635
12,692
28,898
228,710
966,466
193,562
881,796
3,340
1,150
4,690
111, 443
186
8,697
15,902,494
7,072,786 22,975,280
9,180
1,693,974
647,657
605,648
559,423
1,360,821
2,646, 437
1,278,894
304,897
1,809,596
8,170,271
546,620
819,483
1,962,356
910
1,695
200
"27
500
2,250
58
167
15,015
3,302
55,700
""""306"
20,870
178,511
79,576
2,860,511
256,331
858,782
1,116,320
472,619
475,033
466.195
1,120,274
2,066,798
980,183
237,376
1,497,353
6,791,279
437,553
652,550
1,450,580
577,654
175,038
130,615
93,228
240,547
579,639
298, 711
67, 521
312,243
1,378,992
109,067
166,933
511,776
17,764,113
4,641,964
22,406,077
130
"366"
20
3,640
1,565
2,234
57,685
7,199
15,425
Capital
stock 1
Surplus
10,725
6,319
5,245
84,396
12,245
31,983
12,273
13,818
6,743
190,877
25,340
41,669
Undivided
profits
Reserves
and retirement 1
account for
preferred
stock i.
6,416
6,397
3,775
53,805
4,985
16,262
1,072
1,723
1,265
16,317
20
1,247
87,748
150,913
290,720
91,640
21,644
301,449
35,242
93,076
40
7,437
7,952
352,046
82,526
222,982
775
17,440
19,750
540,292
124,290
486,830
2,275
43,285
34,400
145,908
43,777
121,890
12,471
9,245
10,453
7,293
11,932
69
4,938
2,110
120,442
445,196
695,519
1,231,372
334,030
36,795
161
35
11,310
16,008
4,499
9,306
6,941
23,478
30,590
15,501
1,783
16,309
52, 610
3,954
6,897
20,428
41,288
17,246
13,435
11,860
31, 557
68,475
32,245
6,630
35,388
255,516
15,505
21,425
44,030
72,483
31,272
32,314
22,678
54,422
78,057
50,055
16,139
71,172
303,069
20,550
33, 664
74,324
26,250
11.222
9,450
6,697
14,246
26,294
19,029
246
23,120
99,405
11,212
14,074
30,316
4,030
2,795
1,815
1,547
11,025
12,217
i i 418
169
671
23,735
1,528
1,857
3,702
70,760
208,304
594, 600
860,199
291,561
69,509
116
739
3
3
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
22,017,806
216, 352
229,980
918,039
946,220
273,637
187,980
873, 341
324,377
1, 674,131
5,644,057
1,327, 636
6,971,693
1,518,083
962,800
8,254,162
281,409
239,782
144,258
495, 668
679, 882 2,197,965
619,276
1,582,076
7,011, 547 15,265,709
153, 744
435,153
157,360
397,142
88, 238
232,496
201, 780
697, 448
11,896,162
77,661,565
Total United States and possessions
See classification on pp. 184 and 185.
8, 303,076 30,320,882
316,679
328,697
1,028,833
1,143,906
375,936
256,852
1,164, 370
415, 922
1,940,498
Total United States (exclusive of posses
sions)
Total possessions
1,490, 335 5,068,860
724,100 2,540,516
2,892, 804 11,265,082
1,373, 448 3,970, 784
586,024 1,801,883
693,522 2,546,586
209, 475
924,055
333, 368 2,203,116
100, 327
98, 717
110, 794
197, 686
102,299
68,872
291,029
91,545
266,367
Total Pacific States
Alaska
The Territory of Hawaii
Virgin Islands of the United States
1
3, 578,525
1,816, 416
8,372,278
2,597,336
1,215,859
1,853,064
714,580
1,869, 748
86
27
7,627
200
57
602
34
1,334
66,260
27,478
128,336
66,372
17,123
40, 683
4,347
16,889
134,903
53, 538
308,018
76,053
35,880
63,309
18,608
50,583
212,519
92,261
419, 772
150,776
68,100
88,669
30,802
70, 810
64,112
42,734
134,665
57,539
21,177
43,788
20,875
39,387
4,774
8,575
52.038
5,062
3,827
9,915
2,699
3,962
9,967
367,488
740,892
1,133, 709
424,277
90,852
1,150
1,133
4,428
4,185
6,142
7,126
5,686
2,400
11,347
3,290
11, 507
5,985
6,548
26,175
26,352
7,863
3,263
28,580
7,850
49,500
9,011
10, 485
36,341
42,643
8,343
9,672
40,769
7,935
72,029
5,487
5,149
22,048
23,825
4,635
4,629
18,467
3,340
44,960
759
670
5,051
1,866
254
1,044
2,168
4,785
5,137
4,549
1,133
56,111
162,116
237, 228
132,540
21, 734
O
636
155
148,187
137
29,168
28,608
314,961
3,745
6,947
2,744
12, 974
52,350
40,865
319,408
11,325
9,950
5,425
16,275
77, 705
52,040
465,305
11,079
15,430
5,525
26,475
39,224
42,594
236,868
2,737
5,364
4,267
8,482
917
111
6,601
99
712
67
5
o
135
455,598
653,559
339,536
8,512
1,144
1,856
40
100
3,140
2,305
994
100
80
20,807,989
135
149,195
399,147
31,410,684 109,072,249
38, 324
388,479
1,563,994
2, 799,638
4,406,787
1,613,584
249,046
37
602
1,528
148
2,350
4,000
225
2,414
7,000
225
2,085
3,084
104
449
2,176
50
37
2,278
6,575
9,639
5,273
2,675
388,516
1,566,272
2,806,213
4,416,426
8,911,827
79,361
134, 735
5,304
46, 687
90,178
7,797
126,048
224, 913
219,400
144, 662
364,062
13,101
77,880,965 31,555,346 109,436,311
38,324
1, 618,857
251,721
o
W
K
O
d
w
w
i
OO
TABLE N O . 42.—Assets and liabilities of active national banks, Dec. 31, 1957—Continued
[In thousands of dollars]
QO
to
Loans and discounts
Real estate loans
Location
Secured
by farm
land (including
improvements)
Total Eastern States
Total Southern States
All other
loans (including
overdrafts)
Total
gross
loans
Less
valuation reserves
Net
loans
168
6,145
2,922
6,775
7,144
1,902
3,998
54,698
44,427
16,044
1,076,225
97,495
182,757
37,910
42,517
26,317
413,775
37,794
152,672
6,131
3,060
1,126
59,596
11,053
20,922
151,121
124,793
84,264
1,825,229
273,034
500,803
2,296
2,094
1,303
43,670
2,832
11,245
148,825
122,699
82,961
1, 781,559
270,202
489, 558
8,712
28,971
16,069
168
28,886
1,471,646
710,985
101,888
2,959,244
63,440
2,895.804
189,717 69,046
114,535
249,471 2,150
506
33,824
31,923
409,016
39,753
26,588
358
334
5,815
29,437
50,741
11,888
33,435
3
31,976
2,627
47,415 3,034, 549 1,092,074
345,658
426,018
11,739
720,758
61,913 1,678,540
2,821
1,367
801
106,303
88,008
7,049
153,916
89,642
39
138, 691 5,646,669 144,186
47, 780 1, 544,420 32,639
110, 517 3,774,971 68,913
153
12,706
2
19,368
366,670 3,246
18,853
402,933 6,768
5,502,483
1,511,781
3,706,058
12,704
363,424
396,165
71,196
510,609
130,670
857
128,956
5,321, 787
2,417,867
2,825
9,324
3,097
8,375
4,136
20,955
31,418
3,213
730
5,153
189,623
931
2,534
12,953
271
1,048
8,884
512
1,333
1,673
6,493
29,056
3,438
250
16,782
21,072
1,611
4,740
13,347
4,420
348
2,022
76,623
4,367
162
1,173
25,122
2,978
7,759
3,713
8,843
11,097
18,771
5,738
9,630
172,804
18,034
27,146
22,733
233,300
54,708
110,351
104,066
310,910
442,165
220,165
51,975
377,843
1,918,255
78,351
107,854
492,397
239, 502
88,227
109,454
73,607
213, 507
308,659
186,817
32,389
120, 837
782.728
60,173
94,033
259,750
23,298
3,101
8,317
13,599
25,316
18,370
33,031
4,586
69,415
143,044
3,093
9,076
18,860
771,190
238,218
280,158
235,851
663,901
993,996
549,733
119,693
705,553
3,611,374
204,129
321,406
924,834
9,288
4,877
4,832
3,591
8,379
13,929
13,850
2,587
7,035
65,113
2,399
5,509
17,509
761,902
233,341
275,326
232,260
655,522
980,067
535,883
117,106
698,518
3,546,261
201,730
315,897
907,325
16,408
109,191
292,442
92,539
334,368
4,502,340
2,569,683
373,106
9,620,036 158,898
9,461,138
8,237
14,508
409,363
168,048
23,567
10,857
55, 257
1,472
9,481
197
591,495
536,192
836,008
5,583
64,811
76,169
100,831
2,110,258
619,976
18,582
3,798
4,929
2,508
7,829
6,368
6,303
3,161
4,669
27,967
7,446
14,272
_ 12,101
161,268
64,586
17,540
14,076
39,475
81,676
49,374
10,177
54,175
145,467
16,121
41,939
52,542
48,814
17,211
11,889
16,719
24,523
65,033
24,078
10,306
38,944
132,511
14,002
19, 650
37,930
119,933
748,416
461,610
Other
loans to
individuals for
personal
expenditures
1,758
949
1,509
7,946
236
3,671
11,062
5,583
6,668
94,993
22,895
26,847
New York.
New Jersey
Pennsylvania
Delaware
Maryland- _
District of Columbia
Loans to
Commerfarmers
Other
cial and
directly
guaran- loans to industrial
farmers loans (inteed by
the Com- (exclud- cluding
open
modity ing loans
market
on real
Credit
paper)
Corpora- estate)
tion
609
1,761
100
19,143
78
7,280
29,949
22,011
21,146
135, 533
99,200
101,524
England
Virginia
West Virginia .
North Carolina
South Carolina
Georgia.
Florida
Alabama Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Secured
by other
properties
Loans to
Loans brokers
to
and
banks dealers in
securities
2,566
1,213
4,579
2,637
2,381
1,132
Maine
Vermont
Massachusetts
Rhode Island
Connecticut
T o t a l New
States
Secured
by residential
properties
(other
than
farm)
Other
loans for
the purpose of
purchasing or
carrying
stocks,
bonds,
and other
securities
125
350
33
4,829
154
123
33
6,083
1,280
35
130
178
1,754
1,221
335,362 11,748,369 255, 754 11,492,615
Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
*
_
Iowa...
Missouri
Total Middle Western
States
North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming..
_
Colorado.
New Mexico
Oklahoma
f Total Western States
Washington
Oregon
California
Idaho
Utah
Nevada..
_
Arizona
Total Pacific States
Total United States (exclusive of possessions)—.
Alaska
The Territory ot Hawaii
Virgin Islands of the United
States.—
Total possessions
Total United States and
possessions
42,716
18,976
28,063
9,086
9,952
10, 573
9,896
7,465
485,712
277, 288
523,078
449,423
200, 757
269, 514
70,050
147, 739
121,908
57, 355
149,722
109, 789
39,177
47,942
17,968
36,697
136,727
2,423,561
580,558
2,383
1,808
6,877
10,633
1,443
1,225
4,853
1,751
14,151
29,482
35,699
28,425
33,918
30,047
19,453
64,893
16,710
47,894
45,124
306,521
224,317
13, 790
173,006
12,958
68, 566 2,726, 537
1,634
70,687
2,753
58,848
471
31, 788
3,213
96,382
3
705
942
66,152
38,070
148,219
26,908
13,823
7,918
1,412
17, 283
24,009
11, 558
112,739
30,353
5,327
9,082
3,068
23,855
3,433
2,143
11, 214
292
20
5,626
8,948
1,070
41,149
735,743
26,780
316, 819
122,122 2,789,530
14,151
616, 231
15,461
269,197
59, 426
463,887
69,896
108,035
40, 742
405,860
572
3,992
618,793
247,042
845, 917
440, 593
151,828
271,308
67,098
217,128
6,214
319,785
219,991
32,746
389, 727 5, 705,302 2,859, 699
4,382
6,024
19,172 1,982
12,125
223
5,557
7,453
35,699
933
10, 848 10,000
37,327 1,075
580
959
2,061
10,152
1,700
4,729
4,717
13,818
1,039
488
5,054
3,746
520
616
2,135
2,507
5,885
10,494
3,953
7,477
10,661
4,173
883
4,263
1,370
8,862
18, 977
33, 559
117, 684
82, 227
18, 741
16, 506
74,033
17,333
55,106
25,911
31,483
145,469
148,217
32,342
30,114
188, 699
54,817
392, 534
32,741
27,893
64,766
90,894
51,175
19,169
116, 949
40,997
156,940
434,166
1,049, 586
601,524
14, 213
38,716
21,990
52,136
52,233
42,584
401,382 194,899
8,075
14,080
10,890
234
4,585
11,668
940
49,103
3
1,683
1,600
865
3,915
2,264
27, 767
263
1,107
851
438
3,058
158
27
1,472
290
533,829 195,133
5,267
138,587
262
68,920
21, 246
179, 526
34,478
58,199
34, 553
16, 272
27, 683
2, 209,107
1,017,277
4, 914,122
1, 731,304
763, 736
1,180, 534
372,643
926,464
1,713
3,785
23,881
8,627
1,655
302
13,214
3,988
16,869
74,034
3,044
4,870
7,240
4,242
3,227
1,414
7,289
3,978
8,819
124,658
140,781
415, 608
407,181
144,126
94,307
503,111
161,060
741,642
2,776,597 44,123
2,732,474
127,702
145,651
422,848
411,423
147,353
95,721
510,400
165,038
750,461
48,112
267,318
442,071
34, 535
150, 590
290, 929
220, 400 3,135,436 1,392,347
24, 272
41,475
36,907
11,293
41,573
64,169
2,338
36,853
16,168
64,978
112,853
131,961
27,367 1,093,849 19,995 1,073,854
721,229 6,530
714,699
13, 265
146,581 8,363,045 125,887 8,237,158
2,935
187, 723 3,465
184,258
3,418
199,214 2,582
196,632
581
496
101,540
101,044
2,812
418, 583 2,878
415,705
405,928 4,117,641
196,959 11,085,183 161,833 10,923,350
3,381,565
65,862
36,605
520,508
9,379,684 2, 502,608 311,876 1,073,134
717, 767
100
12
39
9,692
31
3,435
6
535
490
78
3,934
112
9,731
3,472
40,345
24,363
6,317
162,082
9,436,494 2,520,917 311,876 1,073,246
727,498
8,333
9,435
113
2,171
541
2,623
56,810
18,309
523,131
15,272
39,367
2,168,428
1,000,248
4,780,804
1,698,108
743,418
1,164,666
366,194
915, 770
440,877 13,115,187 277,551 12,837,636
103,385
98
2,412
40,679
17,029
133,318
33,196
20,318
15,868
6,449
10, 694
2,043,009
183,713 1,722,031 22,168,302 11, 202,767 1, 522,226 51,304,616 961,599 50,343,017
12,772
27,038
13,237
10,636
409
5,830
50, 291
107,857
2,015
807
48,276
107,050
2,822
159,260
3,934
183,713 1, 725,503 22,208,647 11, 227,130 1,528,543 51,466,698 964,421 50,502,277
oo
CO
TABLE N O . 42.—Assets and liabilities of active national banks, Dec. 31, 1957—Continued
00
[In thousands of dollars]
Capital
Location
Maine
New Hampshire
Vermont .
Massachusetts
Rhode Island
Connecticut
IndividPre- Common uals, partferred
stock
nerships,
stock
and corporations
.
-
- —-
Total New England States._
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
»_.
985
Total Eastern States
Virginia- _
West Virginia
North Carolina... —
South Carolina
Georgia
Florida
Alabama.
Mississippi. _._«
T/onisiana
Texas
Arkansas
Kentucky.
Tftrmassfie
229~
706
50
200
__ ->
Total Southern States.
200
Time deposits
Demand deposits
10.725
6,319
5,245
84.396
12,245
31,983
147,819
154.296
65,946
2,143,887
211,233
722,400
States
Banks Certified
U . S . and polit- Banks in in forand
Govern- ical sub- United
eign cashiers'
ment divisions States
coun- checks,
tries
etc. 1
5,315
8,422
1,948
85, 577
7,898
31,056
13,831
21,454
7,291
213,650
23,076
36,227
6,818
11,039
1,857
328,818
3,007
29,043
28,323
1,054
9
10
4.718
8,011
2,534
60,256
10,063
40,047
States Banks Banks
Individin forin
uals, part- U . S . Postal and politnerships, Govern- savings ical sub- United eign
divisions States counand corment
tries
porations
104,397
46,656
86,976
449.727
212,857
224,891
707
525
64
5,713
345
1,623
7
15
3
1.273
24
1,322
8,465
177
8,950
2,939
334
806
198,494
682
69,609
14,372
59,062
74
2,904
200,094
711
126
459
6,073
555
541
167
150.913
3,445,581
140,216
315,529
380,582
29,396
125,629
1,125,504
8,977
351,817
81,820
222,932
775
17,440
19,750
5,587,689
1,635,325
4,079,849
15,277
552,036
600,716
212,266
71,137
165,874
246
33,575
15,867
331,877
214,278
225,292
185
79,901
102
646,729 290,928
56.473
141
407,053 16,539
2,350,776
1,445,490
2,476,598
12,618
220,357
183,742
7,568
5,779
3.713
273
3,496
357,993
70,288
90,567
498
4,601
16,537
5,449
8,985
835
694,534
12,470,892
498,965
851, 635 1,229,141 311,377
540.484
6,689,581
31,494
1,517
146,021
4,079
41,288
17,246
13,435
11,860
31, 557
68,275
32,245
6,630
35.388
255, 516
15,505
21,425
44,030
815,568
337,156
395,692
366,138
758,126
1,425,037
733,914
160,997
970, 543
4,781,306
326,250
540,474
913,095
31,712
15,859
12,803
13,788
30,716
33,733
25,093
5,237
27, 419
118,002
7,299
18,017
34,639
94,209
145.298
91
59,095
38,280
33, 672
23,459
61,033
15, 767
105,323 205.905
60
238.148 341,050 3,224
114,451
90,277
450
39,333
30,330
240,331 231,326
7,452
442,296 1,290,985 20, 595
38,670
60,349
33,742
55, 664
125,230 361,991 2,456
29,442
22,229
9,407
9,469
20,144
25,606
15,998
1,479
20,282
138,095
4,985
4,653
13,169
525,901 15,255
173,455
429
116,747 2,486
81,704
4,813
233, 764 2,987
519,949
7,430
293,869 2,890
65,435 2,071
306,868
437
1,081,809 20,879
107,471
806
154,849
635
485,907 2,863
110
171
1,498
27
380
275
3
521
338
51
1,143
24
15
165
34,890
956
11,002
6.429
3,032
51,673
1,604
15
4,387
265,022
606
11,334
22,486
4,889
160
100
305
594,400
12,524,296
314,958
4,147, 728
2,523
413,436
8,496
67,370
51, 516
374,317 1,625,533 2,890,681
34,328
63,981
7
761
66
10
8.950
10
1,600
500
5,250
50
5,800
Ohio
Indiana ._
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri
25
1,500
1,000
50
.
Total Middle Western States.
Xorth 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 StatesTotal possessions
..
Total United States and
possessions — »
._
1
2,575
124,180
47,954
242,054
140,459
39,330
55, 579
19,893
39, 599
1,408,041
688, 662
2, 723,873
1,313, 499
579, 557
681.828
207,846
317, 709
2,710
3,430
7,696
1,735
2,371
1,358
1,421
2,779
54,907
317.462
7,921,015
23, 500
4,599
338, 591
1,421
38
97,966
92, 430
110,373
171, 746
97, 690
63,356
268, 493
78,340
258, 592
377
1,032
176
3,469
136
1,280
2,755
759
4,311
6
18
10
11
97
1,978
5,255
221
22,429
4,218
4,218
19, 771
12,390
2,541
3
255
155
2,773
2,412
6,632
10,125
3,193
1,426
11, 791
4,628
24,870
350
67,850
1,238,986
14,295
205
73,021
1,129
66,218
5,713
24,251
1,631
232,683 132,286
1,870
15,059
1,567
8,819
4,863
27,367
28,776
348, 942
3,104
4,917
2.102
11,640
670,451
591,265
6,086,068
152, 732
140,226
83,193
179, 782
4,637
229
54,554
986
1,800
1,270
1,545
4
14
202
11
826
390
50
1,325
262,424
27
500
27, 718
606,974
15
14,508
3,775
15,426
426,848
7,903, 717
65,021
1,084
668,916
1,765
271,324
11,250 1,648,450
17,067
500,118
2, 789, 833
1, 403,009
6,244,354
2,083,122
944,935
1,243,628
487, 725
1,239, 798
738,317
16, 436, 404
5,985
6,548
26,175
26,352
7,863
3,263
28,580
7,850
49,500
185,133
181,699
673,897
650,938
216, 451
137,216
691,098
224,864
1,219, 543
5,821
4,761
26,414
21,957
6,881
3,780
23, 590
15,894
42,447
12,826
30,879
70,255
172,506
29,482
32, 410
37,297
63,251
163,847
9,761
10,229
140, 794
90,694
17,630
13,148
109,455
15, 740
223,269
162,116
4,180.839
151, 545
612, 753
630, 720
52,350
40,865
319,408
11,325
9,950
5,425
16,275
1,222,321
755,241
6,613, 505
218,139
183, 750
105,205
408, 754
38, 766
18,949
209, 784
5,191
5,295
3,543
10,055
157, 698
133,952
716,962
53,105
30, 761
31,841
51, 537
455, 598
9, 506,915
291, 583 1,175,856
350,467 144,493
3,760 2, 795,878
709,048 1, 598,497 2,901,488
47
110
58, 564,927 2,165,674 6,179,803 8,383,079 574,851 1, 793,231
2,350
4,000
225
57,114
90,422
3,059
12, 761
15,373
131
6,349
21,888
2,062
1,960
3,787
9
6,575
150, 595
28,265
30,299
5,756
3,760 2,802,453
89
80
600
193
338
21
74,540
37, 545
104,418
35,847
20,131
22, 528
8,064
14,389
267,260
3,821
318,891
767
198, 423 128, 718
513, 698 1,231,969 35, 785
5,603
162, 682 169,623
142, 491 1,612
67,360
5,126
154, 775 371,428
126,417
72,481
463, 582 2,193
110,187
134,903
53,513
306, 518
75,053
35,830
63,309
18,608
50,583
29, 026, 531 207,268
190 1 79,305
1,751 ! 30.177
145,627
1,058
57, 986
35
957
2,801
68
10,247
53
155
487
12,293
24
39
13,950
100
13,950
45
826
3,900
5,000
1,540
2
1,177
1,725
41
30,831
76, 559
4,806
10, 558
1,102
10
10
5,288
11, 507
2,968
22
1,542
2,943
112,196
11,660
20
19, 763
22
1,001
11,270 1,668,213
17,089
601,119
58, 715, 522 2,193,939 6,210,102 8,388,835 576,393 1,796,174
29,138, 727 218,928
1,666
1
Includes dividend checks, letters of credit and travelers' checks sold for cash, and amounts due to Federal Keserve banks (transit account).
OO
TABLE N O . 43.—Assets and liabilities of all active banks other than national, Dec. 31, 1957 {includes State commercial, mutual savings, and
private banks)
ASSETS
[In thousands of dollars]
Loans and
Num- discounts,
ber of including
overbanks
drafts
Location
Maine
New Hampshire
Vermont
Massachusetts. _
Rhode Island
Connecticut
23,306
35,933
2,583
241,855
25, 787
118,420
13,580
3,485
4,243
63,188
13,884
44,462
52,167
18,440
22,524
423,692
60,666
242,239
781,215
447,884
142,842
313 29,248,489 10,202,445 1,933,209 2,130,253
125 1,963,825 1,100,260
358,043 263,497
711,836
280 3, 648.196 1, 768,411 459,295
77,560
22
40,801
330,832
231,957
99,242
99
782,336
644,572
181
106
165
118
344
172
170
168
141
498
182
276
224
-
Total Southern States-_.
2,745
6,594
6,508
Investments
and other Customassets in- ers' liadirectly bility on Other
represent- accept- assets
ing bank ances outpremises standing
or other
real estate
57,494
6,413
31, 647
472
45
278
832
511
819,728
111, 352
4,449
2,138
12,761
392,708
29,020
56,436
11,169
4,503
840
318,670 8, 580,602
74, 694
459, 236
131, 550 1,174,345
12,757
110,332
38,127
221,061
11,626
115,996
374,433
47,123
77,919
7,602
16, 910
5,234
2,411
345
5,288
1,404
176
36,227,723 14,111,009 2,878, 555 3,295,149
494,676
587, 424 10, 661,572
529,221
25, 701
5,138
90,629
18,040
23, 554
14,820
17, 515
9,713
5,907
69, 518
15, 792
26,052
21,639
1,509
1,370
1,294
729
245
546
522
3,163
283
1,290
725
232,936
107, 605
430,399
62,117
262,175
249,861
93,027
162,719
239,649
553,954
131,082
348,461
169,411
17, 301
5,037
24, 514
3,355
15,795
23,860
5,391
8,505
10,347
35,034
4,328
8,405
12, 559
344,018
14,441
3,043,396
174, 431
254,045
Total Eastern States
Real
Bank
estate
premises owned
owned,
other
furniture
than
and
bank
fixtures premises
758
790
160
1,692
54
995
29,097
12, 520
15,052
167,469
24,640
149,488
635 7,086,602 3, 772,600
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
Balances
with other
Corporate
banks,
including
stocks,
including Currency reserve
stocks of and coin balances
Federal
and cash
Reserve
items in
process of
banks
collection
60,042
25,446
3,904
365,463
84,339
242.021
326,242
225, 111
364,873
168,252
207,577
61,442
248 3,909,647 2,174,859
440,020
13
196,018
124 1,838,243
946,918
Total New England
States
__
Virginia
West Virginia.
North Carolina
South Carolina
Georgia.._
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
U.S.
ObligaOther
Govern- tions of
bonds,
ment obStates
ligations, and po- notes and
deben
direct and litical
tures
guaransubteed
divisions
580,167
218,866
828,654
114,398
506,105
548, 521
190,130
287,952
327, 657
920,809
185,315
551,776
389,276
5,649,626
163,364
371, 704
223,413
432,409
102, 664
371,468
560,190
172,020
220,942
300, 916
614,618
162, 623
445,251
231,079
6,268
73, 496
36,010
187,186
38,799
53,622
100,841
51, 501
126,048
123,778
158,488
54,359
41,766
66,718
4,209,297 1,112,612
2,492
273
34,118
17, 305
54, 709
13,885
33,956
42,089
15, 760
23, 633
30, 791
60,200
13,420
30,053
23,880
393, 799
IS
Total
o
W
4
1,077
6
6
1,303
509
388
25,914
1,690
18,618
738,672
636,801
320,851
7, 433,182
854,028
3,633,057
o
1,093
48,422
13,616,591
O
5,557
105
7,030
1,321
72
4,136
612,206 382,485
145 22,421
1,421 31, 613
8 2,525
325 44,185
2,932
54,183,468
4,318,714
8,073,340
828,268
1, 932,448
577,202
9,624
18,221
614,105 486,161
69,913,440
201
108
471
147
713
831
71
244
364
1,562
121
152
526
2,575
905
83
38
81
468
238
104
1,364
675
8
19
162
16
292
2,578
1,414
12,748
523
4,125
5,314
759
4,181
1,927
4,370
356
1,812
1,563
1, 342,286
617,386
2,064,294
354,239
1,273,868
1, 547,803
546, 658
844,775
1,043,347
2, 422,471
567,687
1, 455,053
917,830
5, 511
6,720
2,176
41,670
14.997,697
215
279
1
188
125
80
§
Ohio
Indiana
_ _Illinois
Michigan
__ _
Wisconsin
Minnesota
Iowa
Missouri
Total Middle Western
States
North Dakota
South Dakota
Nebraska
Kansas
_
Montana
Wyoming _____
Colorado
N e w Mexico _
385
344
545
323
459
506
572
532
3,666 10,729,054
377,435
92, 258
376, 508
394, 719
153,756
103,762
175,016
241,941
91,338
23, 707
154, 778
28,238
39,134
115,042
22,948
77,109
13,452
1,174
14,480
5,391
1,259
232
1,099
16,925
118,346
45,108
63,301
84,843
48,433
23,913
36,926
55,330
918,652
304, 748
859,379
587,037
345,885
176,208
324,253
783,005
45,160
12, 777
26,248
46,953
18,890
11,687
10,323
25,143
226
235
1,629
457
487
187
148
311
10,884
842
9,052
255
3,154
144
1,565
1,258
8, 911,191 1,915,395
27,154
1,766,261
794,805
1,826, 720
1, 434,863
854,331
465,920
655,920
1,112,371
3,339
19,899
3,287
19,179
9,926
6,137
3,608
1,487
9,019
6,014,842
1,962,605
5,108,698
4,302,268
2,390,176
1,609,740
2,121,318
3, 733,198
4,975
72,542
27,242,845
422, 626
328,488
479,015
1,027, 216
406,387
116,104
590,478
194,096
471, 718
553
42
764
151
75
51
552,294
54,012
476,200
4,299,167
197,181
3,680
116
138
298
426
74
28
94
26
190
102,090
108,949
172,674
360,576
142, 528
36,269
250,803
71,804
176,784
196,315
138,117
186,294
329,826
133,768
45,889
165,735
71,473
141,835
45,319
16,701
21,123
124,269
25,418
5,283
23, 570
7,709
42,425
31, 549
9,226
8,725
5,913
17,223
1,729
1,951
1,469
5,241
32
133
177
439
372
94
478
48
173
4,509
4,527
7,117
16,185
5,484
1,839
9,673
5,150
10,024
40, 420
49,172
80,114
183,239
77,730
23, 986
130,304
32, 598
91,580
2,026
1,400
1,905
5,331
2,827
852
4,799
3,251
2,830
4
29
157
514
208
82
255
35
42
5
3
42
15
1
225
70
121
362
229
726
882
814
80
2,685
489
663
1,390
_ _
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 - __ _ __ _
2,652,636
683, 622
1, 756, 660
1, 709,435
918,635
708,986
891,633
1,407,447
1,422,477
1,409,252
311,817
83,026
1,946
64,508
709,143
25,221
1,326
482
6,930
4,036,128
67
44
80
19
42
3
4
332,580
105,651
2,783,847
69,175
210,094
47,879
100,137
208,641
80,474
1, 580, 586
41,043
137,823
33,369
62,846
30,664
17, 529
408,341
9,975
19, 349
3,158
12,881
37,117
2,663
79,993
795
4,759
973
4,026
449
81
6,322
146
631
94
150
8,195
5,077
60,021
2,667
6,986
3,031
5,744
56,025
32, 704
981,895
23,700
94,360
15,638
37, 635
5,432
3,578
69,287
1,482
4.312
2,320
5,927
30
144
514
197
73
2
470
206
1,398
1
1,688
1,379
763
27, 512
554
1,088
272
2,165
680, 718
248, 664
6,005,245
149, 735
481,163
106, 736
232,362
259
3, 649,363
2,144, 782
501,897
130,326
7,873
91, 721
1, 241, 957
92,338
1,430
3,674
33, 733
7,904, 623
9,443 64, 764,845 34, 558,131 7,118, 542 5,186,028 1,020, 832 1, 756, 494 20, 774, 963 1,129, 744
26,020
58,389
63
130
The Territory of Hawaii. __
Puerto Rico 3
American Samoa
Virgin Islands of the United
States
Total possessionsTotal United States and
possessions...
__
11
0)
(
\
10
l
12,834
1.138
9,608
140,886
325,059
277
14, 639
85, 325
65,090
1,309
2,121
2,210
18,360
34, 559
3,803
19,198
55,040
25, 217
1,514
1,007
1,653
1,718
630
11,089
26, 272
89
5,196
1,894
9
55,079
37,618
202
381
75
294
208
423
541
40
41, 874
100,539
13, 543
640
130
9,476 65,257, 505 34, 728,048 7,173, 582 5, 211, 245 1,023,353 1, 798,368 20,875, 502 1,143,287
26,660
58, 519
2
2,858
3,554
33
492,660
169,917
6
2,521
1
2 branches of a national b a n k and 2 branches of a State member b a n k in N e w York.
2 Branch of a national b a n k in California.
3
Asset and liability items include data for branches of a national b a n k and a State member b a n k in N e w York.
NOTE.—Figures obtained from the Federal Deposit Insurance Corporation.
473
19
251
7,060
5,698
2
5,529
5,529
%
O
o
a
o
627,878 689,458 137,711,324
39,375
21,449
21, 516
325,395
536,413
1,909
289
1,059
12
56
16,680
10, 943
1,696
20,645
18
76
7,498
1,360
50,114
953, 555
629,238 739, 572 138,664,879
00
3
and liabilities of all active banks other than national, Dec. 31, 1957 {includes State commercial, mutual savings, and
private banks)—Continued
TABLE N O . 43.—
LIABILITIES
[In thousands of dollars]
Demand
deposits
Bills payAcceptances
able, rediscounts, executed
by or for
Other
and other
liabilities account of liabilities
reporting
for borbanks and
rowed
money outstanding
Capital
stock i
Reserves
and retirement
Undivided account for
preferred
profits
stock and
capital
notes and
debentures
Time
deposits
Total
deposits
493,967
535,920
233,001
5,205,938
536,709
2,422,578
656,870
561,445
291,508
6,610, 563
766,818
3,270,822
175
1,250
12
22
___
162,903
25,525
58,507
1,404,625
230,109
848,244
Total New England States
2,729,913
9,428,113
12,158,026
1,487
1,152
156,268
111, 593
715,570
429,661
42,834
24,282,016 23,679,109 47,961,125
1,640,724 2,317,305 3,958,029
3,936,466 3,330,561 7,267,027
491,840
245, 747
737, 587
893,060 1,753, 456
154,764
366,774
521, 538
14,580
250
1,230
642,071
145
1,439
8
325
866,507
45,407
90,357
8,979
22,894
7,945
843,706
66,826
144,886
13,556
27,436
12,020
2,851,913
187,847
447,863
55,549
76,803
24,750
849,296
40,013
104, 515
12,233
46,413
7,663
154,270
20,197
16,023
356
5,121
31, 578,216 30,620,546 62,198, 762
16,060
1,042,089
1,108,430
3,644,725
1,060,133
199,253
1, 221, 549
543,011
1,851, 402
318,689
1,145, 943
1,430, 369
497,428
775, 937
965, 953
2, 230, 691
518,193
1,328, 205
833, 502
200
4,800
1,205
105
218
154
292
17,307
5,161
47,926
1,612
15,187
13,246
3,044
4,540
6,985
14,153
1,144
11,416
11,017
34,045
16,305
43,358
13, 981
33,351
45,100
14,019
16,643
26,872
65,033
13, 785
31,281
24,780
47,982
30,602
90,477
13,446
41,187
41,497
18,467
44,626
28, 585
64,283
17,406
56,560
26,675
19,167
14,248
22,657
5,437
26,956
14,325
13,067
1,347
12,088
38,298
14,860
24,868
18,852
2,036
3,044
7,269
969
10,046
2,987
632
969
2,739
9,931
2,299
2,569
2,712
2,314
152,738
378,553
521,793
226,170
48,202
Location
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
_
__
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
731, 552
384,620
1,394,862
246,350
813,531
_
____
Total Southern States
338,249
610,843
744, 530
1,774,884
415,585
1,085,072
505,494
489,997
158,391
456, 540
72,339
332,412
444, 279
159,179
165,094
221,423
455,807
102,608
243,133
328,008
10,031,662
3,629,210
13,660,872
28
525
_____
7,055
4
1,079
63
6
215
279
1
188
125
80
5,864
5,567
1,494
95,881
11,258
36,204
9,780
2,331
5,797
50,841
9,335
33,509
Surplus
35,797
37,370
9,149
397,866
57,740
177,648
27,995
26,717
7,916
259,587
8,447
98,999
2,191
2,121
4,971
17,343
367
15,841
o
o
I
d
£
^
jg
{»
<L
Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri
__
Total Middle Western States
North Dakota
South Dakota
»L Nebraska
co 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
_._
553
42
764
151
75
51
117, 930
36, 551
105,467
104,624
49,657
29,499
47,195
96, 218
241,033
58,122
126,869
123,028
73,490
54,427
66,977
107,626
67, 619
40, 231
75, 771
58,902
42,091
29,649
59,416
89,958
3,770
2,969
49,248
14,429
4,675
10, 250
7,172
6,516
100
345
4,406
1,575
3,349
63,629
18,828
47, 245
55,654
9,625
8,147
4,419
37, 579
24, 980, 754
10,601
4,985
245,126
587,141
851, 572
463,637
99,029
136,602
87, 770
52, 243
231,637
98,128
29,318
159,746
43, 203
102,107
384,474
300,156
426,015
934,145
380,630
106,681
537,415
179, 845
428,874
195
8,086
6,788
14,200
25,333
7,685
1,675
16, 265
4,725
12, 313
11,579
8,626
17,412
35,726
9,184
3,984
760
1,123
638
2,030
2,735
2,543
310
9,089
1,730
2,903
16,011
4,617
12,879
10,208
10,321
14,409
26,200
5,862
3,103
9,484
1,871
13, 217
6,961
1,959
1,935
1,385
483
351
1,347
1,308
772
2, 737,481
940, 754
3,678, 235
6,528
23,101
97,070
120,018
94,675
16,501
169,528
111, 474
3,019, 500
92,088
265,388
64,198
145,964
451,182
117, 312
2, 492,627
45, 245
179,454
34, 591
63, 411
620, 710
228, 786
5, 512,127
137, 333
444,842
98, 789
209,375
90
6,141
2,270
81,680
1,734
6,452
1,677
5,196
7,315
7,405
132,404
3,788
9,931
2,636
5,710
32,275
6,921
181,885
4,734
14,576
2,314
8,976
9,703
3,035
85,879
1,798
5,306
1,320
2,345
4,484
247
4,959
348
56
3,868,140
3,383,822
7, 251, 962
169,189
251,681
109,386
10,854
2,429, 203
658, 376
1,680, 262
2,003,781
1,027,678
860,961
601,218
803,159
5, 519, 733
1,805, 862
4,699, 734
3,945,480
2, 210, 463
1, 477,372
1,931,733
3,390, 377
14,916,116
10,064,638
247,872
212,386
373,772
702,508
282, 502
77,363
377,669
136,642
326, 767
3,090, 530
1,147,486
3,019,472
1, 941,699
1,182,785
616, 411
1,330,515
2, 587,218
65,861, 528 58,067,083 123,928,611
23,656
19, 417
11,587
167,082
241,550
835
3,192
467, 319
66,328,847
575
3,600
3,014
1,692
867
200
6,111
290
6,111
105,150
42,021
658, 550
1, 724,472
2,451,976
6,105,359
2,383,662
416,673
96
5
488
3,625
31, 517
17
99
1,085
1,090
801
324
10,662
37,791
100
313
12,025
11,419
25
100
4,564
1,996
2
153
1,445
1,610
28
3
12,320
2,027
9,441
125, 592
191, 940
890
3,641
35,976
21,444
21,028
292,674
433,490
1,725
6,833
345,851
813,170
17,645
1,360
35,847
58,412, 934 124, 741,781
59,666
659,910
1,760,319
111
17,531
289
1,059
12
49,951
2, 501, 927
8
760
24,659
7,516
3,407
6,130,018
2,391,178
420,080
i Includes capital cotes and debentures. (See classification on pp. 192 and 193.)
OO
CO
TABLE N O . 43.—Assets and liabilities of all active banks other than national, Dec. 31, 1957 {includes State commercial, mutual savings, and
private banks)—Continued
[In thousands of dollars]
Loans and discounts
Real estate loans
Location
Secured Secured
by farm by resiSecured
dential
land
(includ- properties by other
proper(other
ing imties
than
provefarm)
ments)
Maine.New HampshireVermont
Massachusetts..-.
Rhode Island
Connecticut
Total New England
States
NewYork_
_.
New Jersey
Pennsylvania
Delaware
Maryland—
District of Columbia..
Total Eastern States
Virginia
West Virginia...
North Carolina.
South Carolina..
Georgia
Florida
Alabama
__
Mississippi
Louisiana
-_.
Texas
Arkansas
Kentucky
Tennessee
Total Southern States
Loans to
Loans brokers
to
and
banks dealers
in securities
5,226
2,855
12,391
7,731
474
8,048
191, 776
278,837
124,991
2,806,473
263, 631
1,370,413
33,395
58,176
22,467
408,695
32,309
91,481
496
28,510
6,344
6,622
36,725
5,036,121
646,523
496
521
Other
loans for
the purpose of
purchasing or
carrying
stocks,
bonds,
and other
securities
Loans to
farmers
directly
guaranteed by
the Commodity
Credit
Corporation
1,077
412
2,630
13,844
959
8,159
4,856
520
6,984
2,713
231
4,315
42,365
27,081
29,234 13,235, 385 1,796,963 396,536 1,045,135
77,014
2,961 1,096,236
149,157
49, 639
216,033 3,202
18,934 1,270,008
2,306
25,959
91,333
8,627
10,405
5S, 989
381,177
14,244
10,529
18,920
46,795
1,249
427, 855
8,427
71, 659
3,708
4,622
272
492
75,249 16,120,934 2,266,021 399,788 1,195,028
516,543
530
22,024
7,509
30,230
8,002
33,197
15,892
16, 650
23,887
18,322
12,927
15, 725
49.032
129,540
66, 745
88,981
26,011
105, 349
85,728
30,090
66,408
62,320
26,131
94,793
69,702
1,307
175
35,326
19,042
100
48,851 3,200
7,523
30,082 1,318
53.943
219
13,158
17,268 ""235
39,013
45,786
14, 721
35
34,587
21,833
381,133
5,422
CommerOther
Other
cial and
loans to industrial loans to All other
farmers loans (in- individloans
uals for (includ(exclud- cluding
openpersonal ing overing loans
market
expendi- drafts)
on real
paper)
tures
estate)
43,432
10,126
18,240
374,956
87,031
159,535
19,619
4,280
113
16,226
700
2,505
5,945
14
1,426
1.253
440
731
1,255
167
2,826
5,512
17,900
3,991
12,484
6,153
1,261
8,631
2,142
17, 768
3,192
8,992
2,948
4,240
4,750
3,128
42,440
9,448
851
2,756
35,055
93,800
79,393
1,548
1,898
7,345
45,393
14, 567
20,472
271,114
47,299
190, 615
589,460
Total
gross
loans
3,450
945
1,046
25,329
9,394
13, 745
329,189
366,438
209,589
3,939,861
447, 672
1,852,939
53,909
7,145, 688
Less
valuation
reserves
Net
loans
2,947
326, 242
1,565
364, 873
2,012
207, 577
30,214 3,909, 647
7, 652
440,020
14, 696 1,838,243
59,086
7,C
35,891 10,283.502 1,887,024
299,022
335, 761
14,326 1,094,249 878,385
3,111
102,138
91,330
9.445
163, 755
123,815
101
86,019
75,378
620,995 29,759,012
32, 929 2,004, 593
3, 715,340
5,541
334,081
27, 026
793, 531
16,053
255,316
510, 523 29,248,489
40, 768 1, 963, 825
67,144 3, 648,196
3,249
330, 832
11,195
782,336
1,271
254,045
65,960 11, 967,296 3,453,082
801,442 36,861,873
634,150 36,227,723
21,830
4,352
26,152
7,387
24,802
15,015
16, 912
28,308
13, 751
95,417
26, 782
36,324
29,171
346,203
144,263
36,425
321,316
20, 341
142,744
188,516
38,487
107,939
88,671
298, 724
39,619
164,058
72,383
212, 347
76,081
269,035
38,492
144,889
177,048
61,178
67,607
88,855
343,978
48,787
149,001
152,332
1,663,486 1,829,630
13,780
6,253
23,446
2,149
9,090
8,776
3,241
5,183
12,622
11, 731
2,213
21,733
7,525
127, 742
587,380
222,132
846, 885
116, 494
513,805
557,235
193, 650
295, 324
334,245
931,591
187,384
560,626
395,306
5,742,057
7,213
3,266
18,231
2,096
7,700
8,714
3,520
7,372
6,588
10,782
2,069
8,850
6,030
580,167
218,866
828, 654
114,398
506,105
548, 521
190,130
287,952
327, 657
920, 809
185,315
551,776
389,276
92,431
5, 649,626
Ohio
Indiana
Illinois- ___
Michigan
Wisconsin
60,547
44, 576
28,423
42,763
64,474
51,017
60,835
46, 851
848,336
232,429
303,599
596,599
307,477
309,808
169,456
343,121
173,515
45,116
69,304
124,256
89,226
41,029
42,570
93, 282
399,486
3,110,825
678, 298
7,258
3,273
7,253
17,125
2,414
765
2,618
1,433
5,460
15,405
17,708
14,175
47, 770
31,497
8,133
30,927
7,565
12, 887
1,866
3,338
4,828
13,630
6,610
3,065
12,970
6,446
7,892
1
47,599
186,067
60,645
1,358
4,271
2,486
30,658
1,646
4,541
569
583
200,002
45,283
940,894
7,367
54,582
7,120
20,464
46,688
10,133
241, 758
3,484
14, 634
6,965
2,799
9
44, 754
1,275, 712
326, 461
446
48,191
12, 207
35,114
22,960
19,121
8,584
10, 416
19, 279
2, 652, 636
683,622
1,756, 660
1, 709,435
918, 635
708,986
891, 633
1,407,447
12
35
290
94
100, 524
1,140
80,257
4,442
3,959
162
2,136
15,934
113,939
3,110
71,318
17, 822
7,294
3,449
5,309
16, 812
1,878
5,375
16,182
385
36
17, 730
43,107
11, 813
54,758
77,070
130,401
65,116
76, 714
129,339
285,118
96,133
1,332
208, 554
239,053
96, 506
914, 649
85
263
217
233
661
2,381
1,231
211
1,999
579
828
23,913
13 063
12, 296
22,250
11,729
471
2,358
528
7,225
31,451
50,962
91,995
122, 701
31,052
11, 921
32,919
10,030
37,118
8,329
9 597
19,933
65,374
28,015
6,097
74, 280
24,341
36,595
14, 592
11,840
21, 782
67,222
32,461
5,941
90, 266
21 648
69,385
1,070
779
2,464
4,664
768
85
4,977
801
1,191
104,186
110, 793
175, 827
363,919
145,902
36, 692
255,504
73,371
178, 845
2,096
1,844
3,153
3,343
3,374
423
4,701
1,567
2,061
102,090
108,949
172, 674
360,576
142, 528
36, 269
250,803
71,804
176, 784
2,551
8,340
93, 833
420,149
272, 561
335,137
16, 799
1,445,039
22, 562
1,422,477
101
29
43, 896
6
181
582
724
20, 792
574
2,709
21
4,266
321
7,649
4,830
58,933
17,648
17,040
4,660
5,812
40, 941
20, 671
922, 559
17,477
58, 896
13, 962
36,050
28, 713
20,220
503,377
18, 575
55,907
14,629
34,026
970
1,962
59,135
428
4,068
460
1,519
334,192
106, 659
2, 824,129
70,321
213,412
48,386
101,253
1,612
1,008
40,282
1,146
3,318
507
1,116
332, 580
105, 651
2,783,847
69,175
210,094
47, 879
100,137
44, 213
25, 402
8,557
116, 572
1,110, 556
675,447
68,542
3,698,352
48,989
3, 649, 363
Total United States (exclusive of possessions). __ 893, 699 26, 619,966 4,359,081 410,532 1, 527, 766
910, 219
TVTirmfisntfi
Iowa... . .
Missouri.
Total Middle
States
Western
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
Alaska
Canal Zone (Panama)
Guam
The Territory of Hawaii
Puerto Rico
American Samoa
Virgin Islands of the United
States
Total possessions
455
20
25
1,312
2,127
2,136
420
777
125
3
878
2,538
183
4,577
210
7,305
2,053
49,501
43,343
973
154
7,698
100,447
44,449
26, 222
15, 535
16
7
190
8,241
11,075
81
8,241
11,179
15, 346
921,398
580, 873
174,043
340,842
496, 224
157, 677
99,028
139,462
322, 602
2, 699, 265 2, 310, 751
81,855
7,349
38,949
42, 779
25, 610
4,737
7,977
36, 951
2,700,827
695, 829
1,791,774
1, 732,395
937, 756
717, 570
902,049
1,426,726
246, 207 10, 904,926
175, 872 10, 729,054
278,888 1, 883,152 18,406,484 9,193, 507 1,314, 641 65,797,935 1,033,090 64, 764, 845
13
18
15,117
8
Total United States and
possessions
901,397 26,720,413 4,403,530 418,773 1, 527, 766
3,116
854
684,156
105, 621
712,044
342,009
205, 277
61, 236
145, 789
443,133
2,662
202
5,108
24, 463
57,460
129
371
13
2
1,184
5,208
36
13,054
1,138
9,608
141, 807
326,537
277
220
12,834
1,138
9,608
140,886
325,059
277
2,517
916
2,432
29,134
174, 247
104
734
1,000
63
2,924
66
2,858
210,084
91,024
6,877
495,345
2,685
492,660
921
1,478
278,888 1,898,498 18, 616, 568 9, 284, 531 1, 321, 518 66,293,280 1,035,775 65,257,505
CO
TABLE N O . 43.—Assets and liabilities of all active banks other than national, Dec. 81, 1957 {includes State commercial, mutual savings, and
private banks)—Continued
[In thousands of dollars]
Demand deposits
Capital
Location
Capital
notes
Preand
ferred
deben- stock
tures
Maine
Now Hampshire
Vermont _
_ _
Massachusetts
Rhode Island .
Connecticut . __
100
316
800
Tostal New England
States
New York
New Jersey _
Pennsylvania
Delaware
MarylandDistrict of Columbia
40,640
7,016
__
Total Southern States.
200
States
and
political
subdivisions
128,179
20,295
46,739
1,136,228
195,395
706,693
5,413
599
1,999
41,845
7,114
27,788
19,783
3,595
7,733
111, 593
11,081
58,274
110,377
2,233,529
84,758
212,059
801,282
57, 529
144, 676
13, 556
27,286
12,020
17, 513,371
1,367,013
3,277,927
415,622
715,616
334,406
744, 754
49,455
107,948
17, 553
21,108
5,355
710,854
131,628
163,641
35,416
66,860
20
Certified Individuals, partBanks in Banks in
and
United
foreign cashiers' nerships,
and corStates countries checks,
porations
etc1
3,983
599
539
67,749
7,271
25,140
105,281
8
1,015
1,264
10
40
72
135
40
2,220
92,066
9,415,409
2,341
287
376,366
7, 718, 562
181,496
1,207,251
794, 111
129
43
99
1,009
19
1,135
66
2,500
11,209
18, 657
19,249
1,447
7,574
12, 644
1,920
3,506
7,823
27,981
3,286
8,264
4,182
127, 742 3,357,975
9,228
848
19
203,861 128, 619
715, 564
355
66, 111
14,336
264, 705
9,848
55,932
40,911
2,651
49,029
52,909
60,878
13, 057
153,276
10,468
754
29
65
712,114
25
336
1,868
135
4,873
5
465
2,436
34
68,190
48,058
110,470
21,602
115,300
96,972
62,508
116,350
207,154
173,044
43, 773
77,874
65,956
2,125
233
1,492
2,606
1,548
1,224
Banks
in foreign
countries
125,301 126, 754
18,681
233
41,426
1,620
9,679
8,774
12
3,551
40
3,786
478
2,428
872
441
25
2,267
148
32
2,718
30
1,108,419
13,039
12,193
34,873
6,247
16,833
16,195
6,051
7,133
7,885
22,937
5,531
21,775
10,804
1,987
1,583
630
7
491,798
535,687
231,432
5,202,180
533, 762
2,420, 550
37,929
946,173
572,874
291,376
965,522
207,206
617, 793
818,359
265,119
434,806
468, 759
1,488,909
349,938
823,817
414,084
50
44
5,545
437
1,497
45,627
8,618
30,342
446,074
156, 792
418,312
60, 724
325,259
385,996
157,102
164,908
208, 527
395,920
101,391
226,132
310,838
23,623,955
30
50
States
and
Banks
Postal
in
sav- political
United
ings
subdivisions States
3,464, 516 1,156,057 1,279, 096 29, 534,218
32,965
16,105
43,328
13,931
33,351
44, 650
14,019
16,363
26,825
65,033
13, 785
31,231
24, 780
1,080
U.S.
Government
3,042,335 1,146,908 1,123, 794 22,691,330 23, 610
31,481
405
60, 742 2,298,205
161
6,224
322, 929
57, 797 3,285,674
1,505
235,148
8,092
15,157
920
880, 755 3,500
45, 580
10,166
1,066
143,106 8,233
14, 099
1,454
11, 440
4,425 1,056,349
280
47
U.S.
Government
1,784
2,281
210
450
200
9,680
2,331
5,481
50,041
9,335
33, 509
Individuals, partnerships,
and corporations
1,216
150
Total Eastern States.. 47,656
Virginia
West V i r g i n i a . . North Carolina
South Carolina
Georgia. _ __
Florida
Alabama
Mississippi
Louisiana
Texas.
Arkansas
Kentucky
Tennessee
Common
stock
Time deposits
469
30
1,135
1,570
484
952
90
349
16
421
5
67
38,035
1,394
28,434
9, 562
3,776
54,023
1,512
161
9,657
59, 723
739
14,263
16,364
16,816 10,674
237,643
6,102
623
25
15
709
3,425
Total Middle Western.
North Dakota
South Dakota
Nebraska _
Kansas
Montana
Wyoming _
Colorado
New Mexico..
Oklahoma _
92,411
20,853
82,633
50,387
6,532
15,151
304
31,138
10,159
213,461
9, 756, 783
4,913
1,506
299,409
2,027
1,627
1,968
2,679
6,287
3,149
689
8,528
1,923
5,196
83,643
81,033
52, 051
200, 501
93, 766
27,959
144,766
34,266
100, 539
22
8
14
90
17
1,251
2,128
910
302
15
52,937
6,719
187
31,092
4,268
1,337
13 699
6,507
543
4,440
367
117,289
134
19
27
9,239
221, 309
550
345
6,140
50
7,085
8,515
69,324 13,218 1,131, 595 144,815
724,079
2,748
485
370
1,134
5,220
580, 787
12,203,872
389,625
1, 301, 767
797,232
8,086
6,748
14,200
25,323
7,685
1,555
16,265
4,725
12,313
176,399
176, 905
325, 545
521,292
220,806
61,313
297,632
104,333
264,974
3,071
2,972
6,736
10,727
4,819
907
6 736
4,239
5,078
64, 049
28,368
36,148
151,496
35, 786
13, 576
36 865
25, 638
46, 000
2,726
2,173
2,655
12, 706
17,942
878
27,908
509
5,519
96,900
2,149,199
45,285
437,926
73, 016
9
32,046
818, 524
7,315
7,405
131,167
3,788
9,821
2,636
5,710
140,363
89,243
2, 518, 713
73,897
184,890
45,114
118,056
3,520
2,516
73,571
1,340
4,312
970
2,941
18,875
16,875
115,165
14,881
45,935
14, 623
19,372
3,256
1,158
214, 789
855
26, 714
1,207
1,844
967
132
21,882
284
2,547
1,550
75,380
1,115
3,534
2,284
3,467
450, 585
107, 728
2,253,807
45,245
155, 544
34,270
53,964
167,842
3,170,276
89,170
245, 726
249,823
23,268
89,877
3,101,143
51,099,393 1, 736,507
4, 513,148
10
120
__
40
130
1,237
110
Total Pacific States...
1,347
49, 030 14,325 2, 388, 621
Alaska
Canal Zone (Panama)
frii am
The Territory of Hawaii.
Puerto Rico
American Samoa
Virgin Islands of the
United States
1,085
10,662
37, 791
100
Total possessions
Total United States
and possessions
681
160
40
26
176
205
141
77
124,989
7,925
195,994
42, 486
29, 351
3,349
22,127
371, 011
375
__
Total United States
(exclusive of possessions) _
1,152
326
72
2,492
25
6
25
815
210,174
164, 358
153, 768
230, 301
90,420
78, 504
170,246
203, 996
2,115
1,885
40
Total Western States..
2,334,824
635,306
1, 597, 517
1, 950,806
1,020,886
845, 599
600, 748
771,097
135
1,731
2,108
45,204
13, 402
47,274
40, 711
21,896
11, 089
15,939
17,946
107,648
29,010
77,880
53,497
31,063
12, 763
29,178
48, 586
415
Washington
Oregon
California.. _ _.
Idaho
Utah
Nevada. _
Arizona.. __ _
1
365
2,599,767
932, 791
2, 540,429
1, 573, 577
1, 010,006
510, 706
1,093,025
1,943, 571
117,465
36,307
105,467
102, 509
47,357
29,499
46, 710
95,473
100
244
Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri
16,210
7,142
5,715
121,822
171,855
299
3,435
11,820
3 882
13,562
10,410
124
9
3
5, 483, 979 1,194,213 1,834,288 55, 984, 052
3 340
569
76
1 530
22, 726
44,485
339
6,995
5,715
589
404
65
102
113
460
1,388
8,681
8
22
2,081
13,355
1,324
10, 774
279,921
313
1,250
78
1,842
49,951
324,293
43,311
74,262
51,423,686 1,779,818
4, 587,410
49,030 14,325 2,438, 572
4,127
1,127
49
266
8,832
1,627
6,977
109,440
150,515
449
5,497,334 1,195, 537 1,845,062 56,263, 973
20
2,837
11
17
10
23,839
304
9,447
2,885
29
264,165
26
400
690
374
4,224
17
3,445
486
50
1,774
15,271
35,098
441
5,714
553
57,589
32
4
30
100
8,515
11
2,053
10
2,064
10
75,038 13, 771 1,189,184 146,879
724,089
1,560
Includes dividend checks, letters of credit and travelers' checks sold for cash, and amounts due to reserve agents (transit account).
10
5
26
4
5
70
59
CO
CO
TABLE N O . 44.-
and liabilities of active State commercial banks, Dec, 31, 1957 l
ASSETS
[In thousands of dollars]
Balances
U.S.
with other
ObligaCorporate
Loans and Govern- tions of
Other
stocks,
banks,
States
bonds, including
including
Num- discounts, ment obber of including ligations, and po- notes and stocks of Currency reserve
overdirect and litical
deben- Federal and coin balances
subdrafts
guarantures
Reserve
and cash
divisions
teed
bank
items in
process of
collection
Location
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...
1,512
4,381
754
4,317
2,727
8,274
286,203
68,636
21,965
101,585
647,973
6,372,917 1,474,764
805,560 327,342
1,438,961 387,645
25,652
213,473
75,778
443,363
6,268
163,364
313,545
70,805
134,068
6,214
29,651
12,761
98,294
11,144
32,876
4,074
4,503
840
242,393
67,349
123,540
12,544
35,897
11,626
8,082,889
421,562
1,141,681
105, 710
205,332
115,996
493,349 10,073,170
14,988
5,899
14,432
115,075
19,017
116,792
195 1,871,136
1,092,812
183 15,626,271
102 1,275,377
2,827,024
297,122
515,229
254,045
674 20,795,068 9,437,638 2,297,449
181
106
165
118
309
172
170
168
141
488
182
276
224
580,167
218,866
828, 654
114,398
501,362
548,521
190,130
287,952
327,657
903,889
185,315
551,776
389,276
2,700
5,627,963
7,793
4,173
1,915
33,512
10,016
11,227
39,949
481,696
95,145
345,355
154,613
67,947
101,450
796,110
197,066
553,950
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
100,037
11,201
1,909
3,376
41,353
10,813
32,933
41,261
7,839
18,778
333,062
52,049
194,984
Real
Bank
estate
premises owned
owned,
other
furniture
than
bank
and
fixtures premises
4,530
1,653
1,551
24,041
3,614
18,643
Investments
and other Customassets in- ers' liadirectly bility on Other
represent- accepting bank ances outpremises standing
or other
real estate
240
104
94
222
26
66
472
45
278
832
511
54,032
752
2,138
249,544
35,889
67,970
6,350
13,673
5,234
352
233
5,209
1,161
5,557
105
7,030
1,321
72
4,136
4
1,077
1,093
Total
1,041
217
338
6,592
1,077
2,776
337,688
124,797
182,919
1,837,889
392,067
1,285,006
12,041
4,160,366
3
w
o
596,489 195,743 33,258,758
145 13,337 3,028,848
1,421 21, 781 6,189,206
8 2,522
676,151
325 9,149
1,333,071
2,932
577,202
567,044
151,731
378,660
7,054
18,221
245,464
45,063,236
73,496
36,010
187,186
38,799
53, 539
100,841
51,501
126,048
123,778
150,916
54,359
41,766
66,718
25, 701
5,138
90,629
18,040
23,508
14,820
17,515
9,713
5,907
66,124
15,792
26,052
21,639
1,509
1,370
2,492
273
1,278
729
245
546
522
3,002
283
1,290
725
34,118
17,305
54,709
13,885
33,428
42,089
15,760
23,633
30,791
58,816
13,420
30,053
23,880
232,936
107,605
430,399
62,117
259,165
249,861
93,027
162,719
239,649
542,999
131,082
348,461
169,411
17,301
5,037
24, 514
3,355
15,640
23,860
5,391
8,505
10,347
34,366
4,328
8,405
12,559
201
108
471
147
624
831
71
244
364
1,534
121
152
526
2,575
905
83
38
81
468
238
104
1,364
675
8
19
162
2,578
215 1,414
12, 748
523
4,040
279
5,314
1
759
188 4,181
125
1,927
4,273
356
16 1,812
1,563
1,342,286
617,386
2,064,294
354,239
1,264,485
1,547,803
546,658
844,775
1,043,347
2,365,763
567,687
1,455,053
917,830
4,193,140 1,104,957
340,578
14,264
391,887
3,029,431
173,608
5,394
6,720
371, 704
223,413
432,409
102,664
370,840
560,190
172,020
220,942
300,916
599,089
162,623
445,251
231,079
o
2,176
41,488
14,931,606
o
d
I
o
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 4 .
A mfirican Samoa
Virgin Islands of the
United States
Total possessions
Total United States and
possessions
382
335
545
322
455
505
565
532
2,455,976
653,624
1, 756,660
1, 709,381
908, 669
522,120
886,467
1,407,447
3,641 10,300,344
373,987
89,038
376,508
394, 716
152,246
81,326
174, 654
241,941
55,095
21, 706
154,778
28, 233
38,485
63,079
22,944
77,109
7,999
1,148
14,480
5,391
1,209
232
1,099
16,925
115,490
44, 561
63,301
84,827
48,173
23,392
36,741
55,330
900, 816
299,896
859,379
586, 881
344,106
168, 236
322,269
783,005
42,229
12 362
26,248
46,953
18, 762
11,072
10,278
25,143
221
226
1,629
457
487
143
148
311
10,884
842
9,052
255
3,154
144
1,565
1,258
8, 765,683 1,884,416
27,154
1, 685,155
767,568
1,826,720
1,434,684
845,326
441,375
652,484
1,112,371
3,339
18,288
3,075
19,179
9,926
6,124
2,588
1,487
9,019
5,666,693
1,894,088
5,108,698
4,301,855
2,366,816
1,313, 752
2,110,136
3,733,198
4,975
69,686
26,495, 236
422,626
328,488
479,015
1,027,216
406,387
116,104
590,478
194,096
471,718
553
42
764
151
75
51
461,429
48,483
471, 815
4,264, 582
193,047
3,622
116
138
298
426
74
28
94
26
190
102,090
108,949
172,674
360, 576
142, 528
36,269
250,803
71,804
176,784
196,315
138,117
186,294
329,826
133,768
45, 889
165, 735
71,473
141,835
45,319
16,701
21,123
124,269
25,418
5,283
23,570
7,709
42,425
31,549
9,226
8,725
5,913
17,223
1,729
1,951
1,469
5,241
32
133
177
439
372
94
478
48
173
4,509
4,527
7,117
16,185
5,484
1,839
9,673
5,150
10,024
40,420
49,172
80,114
183, 239
77, 730
23,986
130,304
32, 598
91,580
2,026
1,400
1,905
5,331
2,827
852
4,799
3,251
2,830
4
29
157
514
208
82
255
35
42
5
3
42
15
1
225
70
121
362
229
726
882
814
80
2,685
489
663
1,390
1,422,477
1,409,252
311,817
83,026
1,946
64, 508
709,143
25,221
1,326
482
6,930
4,036,128
63
43
80
19
42
3
4
123, 255
79,116
2, 783, 847
69,175
210,094
47,879
100,137
104,354
72,104
1, 580, 586
41,043
137 82^
33,369
62,846
28,586
17,514
408,341
9,975
19,349
3,158
12,881
5,328
373
79,993
795
4,759
973
4,026
263
81
6,322
146
631
94
150
7,258
4,816
60,021
2,667
6,986
3,031
5,744
46,553
31,152
981, 895
23, 700
94,360
15, 638
37,635
4,151
3,513
69,287
1,482
4,312
2,320
5,927
30
110
514
197
73
2
470
206
1,398
1
1,688
488
506
27,512
554
1,088
272
2,165
320,472
209,285
6,005,245
149, 735
481,163
106, 736
232,362
254
3,413,503
2,032,125
499,804
96,247
7,687
90,523
1,230,933
90,992
1,396
3,674
32,585
7,504,998
8,854 43,430,491 26,930,650 6,384,646 1, 616,960
246,076 1, 613, 667 19,955, 232
915,560
19, 544
58,389
14,361
1,557
1,718
630
11,089
26,272
89
465
19
251
7,060
5,698
2
13
130
10
(2)
(
\
10
1
12,491
1,138
9,608
140,886
325,059
277
85,325
65,090
1,309
1
2,694
3,554
31
492,153
169,639
2,121
2,112
18,360
34,559
3,803
19,198
1,514
1,007
55, 040
25,113
2,521
8,885 43,922,644 27,100,289 6,439,686 1,642,073
1
2
381
75
294
208
412
481
40
41, 767
100,263
13,535
590
130
248,597 1,655,434 20,055,495
929,095
20,134
58,519
Includes stock savings banks.
2 branches of a national bank and 2 branches of a State member bank in New York.
3 Branch of a national bank in California.
4,980
1,894
9
55,079
37,618
202
5,529
5,529
o
O
O
o
f1
612,161 408,194 102,191,570
289
1,059
12
54
16,680
10,943
1,696
20,645
18
38,284
21,449
21,516
325,395
536,413
1,909
54
7,235
1,360
50,090
952, 201
613,521 458,284 103,143,771
4
Asset and liability items include data for branches of a national bank and a State
member bank in New York.
3
d
TABLE N O . 44.—Assets and liabilities of active State commercial banks, Dec. 31, 1957—Continued
CO
LIABILITIES
[In thousands of dollars]
Demand
deposits
Location
Maine
. .
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
.
162,899
25, 525
57,615
1,403,977
229,878
845, 591
-
Total Eastern States
Virginia..
West Virginia
North Carolina
South Carolina
Georgia
Florida..
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
_
- .
Total Southern States
. .._
Total
deposits
141,493
85,630
108,499
233,633
118,150
320,050
304,392
111, 155
166,114
1,637,610
348,028
1,165,641
1,007,455
175
50
22
28
Acceptances
executed
by or for
account of
reporting
banks and
outstanding
4
1,079
63
6
Other
liabilities
3,509
893
882
33,326
7,453
17,312
Capital
stock i
9,780
2,331
5,797
50,841
9,335
33,484
Surplus
10,040
5,926
5,710
78,350
22,222
50,685
Reserves
and retirement
Undivided account for
preferred
profits
stock and
capital
notes and
debentures
8,916
4,329
3,865
31,653
4,712
16,265
8
3
3,732,940
275
1,152
63,375
111, 568
172,933
69, 740
8,383
5,026,880 29,113,286
1,151, 781 2,777,786
1, 590, 720 5, 521,958
605,647
113,807
356, 459 1, 212,867
154, 764
521,538
4,011
250
1,230
622,345
145
1,439
8
325
585,995
32,993
79,060
8,964
15,123
7,945
840, 706
66,826
144, 886
13, 556
27,436
12,020
1, 519, 777
103,068
329, 281
35,856
56,083
24,750
551,798
39, 542
99,833
12,008
16,191
7,663
20,840
8,238
11, 519
112
5,046
3,286
31,358,671
8,394,411
39,753,082
5,491
624, 262
730,080
1,105, 430
2,068,815
727,035
49,041
731, 552
384, 620
1,394,862
246,350
806, 605
986,090
338, 249
610,843
744, 530
1, 731,645
415, 585
1,085,072
505,494
489,997
158, 391
456, 540
72,339
331,674
444, 279
159,179
165,094
221, 423
448,357
102, 608
243,133
328,008
1, 221,549
543,011
1, 851,402
318,689
1,138,279
1, 430,369
497,428
775,937
965,953
2,180,002
518,193
1, 328,205
833,502
200
4,800
1,205
105
207
154
292
17,307
5,161
47, 926
1,612
15,130
13, 246
3,044
4,540
6,985
14,128
1,144
11, 416
11,017
34,045
16,305
43,358
13, 981
32, 618
45,100
14,019
16, 643
26,872
63,543
13, 785
31,281
24,780
47,982
30,602
90,477
13,446
40,657
41,497
18, 467
44, 626
28,585
60,873
17,406
56,560
26,675
19,167
14, 248
22,657
5,437
26,608
14,325
13,067
1,347
12,088
37,705
14,860
24, 868
18, 852
2,036
3,044
7,269
969
10,006
2,987
632
969
2,739
9,430
2,299
2,569
2,712
9,981, 497
3, 621,022
13,602,519
7,044
2,314
152, 656
376,330
517,853
225, 229
47,661
525
2
215
980
279
1
188
125
80
i
876
113
547
5,008
254
1,585
24,086, 406
1, 626,005
3, 931, 238
491,840
856,408
366,774
2, 725,485
Total New England States
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia...
Time
deposits
Bills payable, rediscounts,
and other
liabilities
for borrowed
money
O
E
a
d
Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri
Total Middle Western States
North Dakota
South Dakota
Nebraska
Kansas
Montana...
Wyoming
Colorado
New Mexico
Oklahoma
3,090,155
1,137,006
3,019, 472
1,941, 548
1,182, 687
616,083
1,321, 374
2, 587, 218
_. 14, 895, 543
_.
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_lL~II___~_IIII""_I~III
Puerto Rico
American Samoa
Virgin Islands of the United States
Total possessions
Total United States and possessions
2,113,414
606, 725
1, 680, 262
2,003, 571
1,006, 500
587, 272
599, 837
803,159
117, 930
36, 476
105, 467
104, 604
49, 657
29, 499
46, 990
96, 218
216, 768
53,218
126,869
123,012
71, 766
37,427
66, 788
107, 626
67, 275
39,563
75,771
58,898
41,907
27,960
59,231
89,958
2,896
2,308
49,248
14, 417
4,665
7,909
7,091
6,516
4,985
237, 439
586, 841
803, 474
460, 563
95,050
O
8,086
6,788
14, 200
25,333
7,685
1,675
16, 265
4,725
12, 313
11, 579
8,626
17, 412
35, 726
9,184
3,984
16,011
4,617
12,879
10,208
10,321
14, 409
26,200
5,862
3,103
9,484
1,871
13, 217
6,961
1,959
1,935
1,385
483
351
1,347
1,308
772
3
760
1,123
638
2,030
2,735
2,543
310
9,089
1,730
2,903
6,528
23,101
97,070
120,018
94, 675
16, 501
2,812
1,527
81,680
1,734
6,452
1,677
5,196
7,315
7,405
132,404
3,788
9,931
2,636
5,710
11, 515
6,021
181, 885
4,734
14, 576
2,314
8,976
6,221
2,384
85,879
1,798
5,306
1,320
2,345
651
247
4,959
348
56
230,021
105, 253
7,021
3,913,114
1, 682,495
223,657
1,035
1,065
774
314
10,662
37,791
100
313
12,025
11, 419
25
100
4,564
1,996
2
84
1,445
1,610
28
100
345
4,406
1,575
9, 400, 740 24, 296, 283
10, 601
195
247,872
212,386
373, 772
702, 508
282, 502
77, 363
377,669
136, 642
326, 767
136, 602
87, 770
52, 243
231, 637
98,128
29,318
159, 746
43, 203
102,107
384, 474
300,156
426,015
934,145
380,630
106, 681
537, 415
179, 845
428,874
2, 737, 481
940, 754
3, 678, 235
169, 488
111, 473
3,019, 500
92,088
265,388
64,198
145,964
122, 380
80, 228
2, 492,627
45, 245
179, 454
34, 591
63,411
291,868
191, 701
5, 512,127
137,333
444,842
98, 789
209, 375
3,868,099
3,017,936
575
3,600
553
42
764
151
75
51
3,014
1,692
867
90
200
6,111
6, 886,035
290
6,111
101,078
169,189
65, 566, 776 26,382,318
91, 949, 094
30,229
638, 824
1,307, 729
2, 446, 428
12,126
2,027
9,441
125, 592
191,940
890
3,451
34,997
21,444
21,028
292, 674
433,490
1,725
6,643
3
345,467
812,001
17,645
1,360
35,843
49, 901
24,634
7,420
3,397
26,727, 785 92, 761,095
47,874
640,184
1,343,572
2,496,329
3,937,748
1,689,915
227,064
T
o
o
760
o
22,871
19, 417
11, 587
167,082
241, 550
835
3,192
466, 534
66,033,310
* Includes capital notes and debentures. (See classification on pp. 200 and 201).
3,349
57,127
18, 750
47, 245
55,654
9,459
7,206
4,419
37, 579
5, 203, 569
1, 743, 731
4, 699, 734
3, 945,119
2,189,187
1, 203, 355
1, 921, 211
3,390, 377
111
17, 531
289
1,059
12
96
5
488
3,625
31, 517
17
95
H3
TABLE N O . 44.—Assets and liabilities of active State commercial banks, Dec. 31, 1957—Continued
[In thousands of dollars]
CO
00
Loans and discounts
Real estate loans
Secured
by
farm
land
(including
improvements)
Location
Maine
New Hampshire.
Vermont
Massachusetts
Rhode Island
Connecticut
Total New
States
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
3,935
1,148
6,202
1,334
285
2,452
.-
_
Total Southern States
Secured
by residential
properties
(other
than
farm)
44,060
41,001
42,335
32,331
170,015
Secured
by
other
properties
16,891
10,124
13,401
57,220
23,781
30,702
Other
loans for
the purLoans to pose of
Loans brokers purchasing or
and
to
banks dealers carrying
stocks,
in
securities bonds,
and
other
securities
521
496
368
1,510
>,344
>,622
496
Loans to
farmers
directly
Other
Commerguaranloans
cial and
teed by
industrial
to
the
farmers loans (inCom(exclud- cluding
modity ing loans
open
Credit
on real
market
Corpopaper)
ration
1,062
410
772
12,982
598
6,253
4,834
469
5,499
2,713
231
4,282
42.882
6,629
17,201
374,781
86,198
157,939
18,028
Other
loans
to
individuals for
personal
expenditures
All
other
loans
(including
overdrafts)
40,530
8,076
16,525
213,272
41,368
171,652
2,425
241
727
20,556
9,394
13, 583
103,030
810,834
200,530
563,506
2,590
151
1,580
14,724
3,464
9,556
154,613
67,947
101,450
796,110
197,066
553,950
46,926
1,903,201
32,065
1,871,136
Total
gross
loans
157,203
Less
valuation
reserves
Net
loans
42,365
22,077
69
685,630
491,423
413,413
8,363
71, 636
3,708
4,622
272
492
149,374
46,795
345,733 396,349 1,035,376
77,014
101,259
49,639
178,743 3,202
2,306
25,880
10,405
40,371
50
10,529
18,920
35,891 10,210,211
3,086
299,022
14,213 1,093,031
3,111
91,277
123,815
9,445
75,378
101
1,845,303
333,181
876, 528
102,091
147,024
86,019
606,390 15,966, 111 339,840 15,626,271
32,906 1,309,139 33,762 1,275,377
97,396 2,890,840 63,816 2,827,024
5,541
300,371 3,249
297,122
26,110
524,675 9,446
515,229
1,271
16,053
255,316
254,045
64,075
2,250,934
710,906 399,601 1,185,269
502,014
530
65,847 11,892,734 3,390,146
784,396 21,246,452 451,384 20,795,068
22,024
7,509
30,230
8.002
32,411
15,892
16,650
23,887
18,322
12,711
15,725
49,032
36,489
129,540
66,745
88,981
26,011
104,506
85,728
38,509
30,090
66,408
61,037
26,131
94,793
69,702
35,326
19,042
48,851
7,523
29,859
53,943
13,158
17,268
39,013
45,022
14,721
34,587
21,833
175
100
3,200
288,884
888,181
380,146
5,422
15,356
428, 712
20,701
2,759
18,143
7,767
13,456
1,249
1,056,252
451,549
488,302
152,119
1,318
219
235
80
60
35
4,280
113
16,226
700
2,475
5,945
14
1,426
1,253
440
731
1,255
167
35,025
2,826
5,512
17,900
3,991
12,467
6,153
1,261
8,631
2,142
17, 768
3,192
8,992
2,948
4,240
4,750
3,128
42,425
9,448
851
2,756
21,830
4,352
26,152
7,387
24,309
15,015
16,912
28,308
13,751
93.460
26, 782
36,324
29,171
79,351
343,753
1,548
1,898
7,318
144,263
36,425
321,316
20,341
142,006
188, 516
38,487
107,939
88,671
293,440
39, 619
164,058
72,383
212,347
76,081
269,035
38,492
143,362
177,048
61,178
67,607
88,855
337,023
48,787
149,001
152,332
13,780
6,253
23,446
2,149
9,023
8,776
3,241
5,183
12,622
11,285
2,213
21,733
7,525
1,657,464
1,821,148
127,229
587,380 7,213
222,132 3,266
846,885 18,231
116,494 2,096
509,054 7,692
557, 235 8,714
193,650 3,520
295,324 7,372
334,245 6,588
914,671 10, 782
187,384 2,069
560,626 8,850
395,306 6,030
5,720,386
92,423
580,167
218,866
828,654
114,398
501,362
548,521
190,130
287,952
327,657
903,889
185,315
551,776
389,276
5,627,963
Ohio .
Indiana
_
IllinoisMichigan
_
Wisconsin
Minnesota
_
Iowa
Missouri
Total Middle Western
States.
_
North Dakota
South Dakota
Nebraska
Kansas
Montana
__
Wyoming
_
Colorado
New Mexico
Oklahoma
Total Western States
56,937
42,086
28,423
42,758
64,438
32,650
60,439
46,851
704,714
208,849
303,599
596,594
298,270
148,820
169,040
343,121
172,724
42,568
69,304
124,256
88,573
30,288
42,438
93,282
446
374, 582
2,773,007
663,433
7,258
3,273
7,253
17,125
2,414
765
2,618
1,433
5,460
15,405
17,708
14,175
47,770
31,497
8,133
30,927
7,565
12,887
1,866
3,338
4,828
13,630
6,610
3,065
12,970
6,446
7,892
47,599
186,067
60,645
74,642 2,497,346 41,370
7,317
665,525 11,901
38,949 1,791,774 35,114
42,778 1,732,341 22,960
25, 585
927,789 19,120
4,737
527,308
5,188
7,933
896,883 10,416
36,951 1,426,726 19,279
2,455,976
653,624
1,756,660
1, 709,381
908,669
522,120
886,467
1,407,447
12
35
290
94
100, 524
1,140
80,257
4,442
3,959
162
2,136
15,934
113,939
2,931
71.318
17,822
7,294
3,449
5,309
16,812
1,878
5,345
16,182
385
36
17, 730
42,863
11,813
54, 758
76,619
130,401
65,093
76, 714
129,339
281,951
96,133
656,391
105,309
712,044
342,000
205, 277
61,236
145,375
443,133
560,393
173,361
340,842
496,213
157,631
98,862
139,109
322,602
1,332
208,554
238,874
96, 232
911,008
2, 670,765
2,289,013
85
23,913
13,063
12,296
22,250
11, 729
471
2,358
528
7,225
31,451
50,962
91,995
122, 701
31,052
11,921
32,919
10,030
37,118
8,329
9,597
19,933
65,374
28,015
6,097
74,280
24,341
36,595
14, 592
11,840
21, 782
67,222
32,461
5,941
90,266
21,648
69,385
1,070
779
2,464
4,664
768
85
4,977
801
1,191
104,186
110,793
175,827
363,919
145,902
36,692
255,504
73,371
178,845
2,096
1,844
3,153
3,343
3,374
423
4,701
1,567
2,061
102,090
108,949
172,674
360, 576
142,528
36,269
250,803
71,804
176,784
455
238, 892 10,465,692 165,348 10,300,344
1
263
217
233
661
2,381
1,231
211
1,999
579
828
1,358
2,551
8,340
93,833
420,149
272, 561
335,137
16, 799
1,445,039
22,562
1,422,477
3,834
Washington
10,685
28,011
9
101
2,486
20,807
8,126
29
Oregon
940,894
30,658
241,758
2,127
43,896
California
7,367
1,646
3,484
6
Idaho
54,582
4,541
14,634
181
Utah
7,120
569
6,965
Nevada
20,464
583
2,799
Arizona
44,317 1,079,245
Total Pacific States
288,451 2,136
44,213
Total United States (exclusive of possessions)... 834,813 7,606,146 2,255,700 410,345 1, 517,977
Alaska
183
4,417
2,497
Canal Zone (Panama)
2,053
Guam
582
724
20,792
574
2,709
21
4,266
321
7,649
4,830
58,933
17,648
17,040
4,660
5,812
40,941
20,671
922, 559
17,477
58,896
13,962
36,050
27,719
20,168
503,377
18, 575
55,907
14,629
34,026
970
1,962
59,135
428
4,068
460
1,519
124,767
80,124
2,824,129
70,321
213,412
48,386
101,253
1,512
1,008
40,282
1,146
3,318
507
1,116
123,255
79,116
2,783,847
69,175
210,094
47,879
100,137
25,402
8,557
116,572
1,110,556
674,401
68, 542
3,462,392
48,889
3,413,503
The Territory of Hawaii
Puerto Rico
American Samoa
_
Virgin Islands of the United
States
Total possessions
210
7,305
49,501
43,343
871
154
7,698
100,185
44,408
Total United States and
842,511
possessions
26,222
15,535
20
25
1,312
420
777
125
3
878
8,241
8,241
7,706,331 2,300,108 418,586 1,517,977
890,490
16
7
11,075
3,116
854
278,572 1,875,357 18,289,710
9,001,268 1,282,784 44,243,162 812,671 43,430,491
2,562
202
5,108
24,463
57,460
129
357
13
2
1,184
5,208
36
12,706
1,138
9,608
141,807
326,537
277
12,491
1,138
9,608
140,886
325,059
277
13
18
15,117
8
2,484
916
2,432
29,134
174,247
104
734
1,000
1
2,760
66
2,694
11,179
15,346
210,051
90,924
6,801
494,833
2,680
492,153
901,669
278,572 1,890,703 18,499,761
81
190
215
921
1,478
9,092,192 1,289,585 44,737,995 815,351 43,922,644
CO
CO
TABLE N O . 44.—Assets and liabilities of active State commercial banks, Dec. 31, 1957—Continued
[In thousands of dollars]
Demand deposits
Capital
Location
Capital
notes Pre- Common
and ferred stock
deben- stock
tures
Individuals, partnerships,
and corporations
U.S.
Government
States
and
political
subdivisions
Banks in
United
States
100
128,179
20,295
45,897
1,136,228
195,395
705,058
5,413
599
1,996
41,445
7,095
27,260
19,783
3,595
7,690
111, 593
11,080
58,274
3,983
599
539
67,749
7,271
25,140
1,583
630
7
5,541
437
1,493
45,379
8,407
29,852
105,281
2,220
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
316
800
Total New England
States
-New York
.
New Jersey
Pennsylvania _ _ _
Delaware
Maryland
District of Columbia
Total Eastern States..
Virginia
West Virginia
North
Carolina
South Carolina
Georgia... _
Florida
Alabama
___ _
Mississippi
Louisiana
Texas. _
Arkansas
Kentucky
Tennessee .
Total Southern States.
Ohio—
Indiana
Illinois-.
Time deposits
40,640
7,016
Certified Individand
uals, partcashiers' nerships,
checks,
and coretc.i
porations
140,858
85,467
107,681
230,029
115,203
319,625
30
8
1,015
1,264
10
40
72
135
40
287
110,352
2,231,052
83,808
212,015
91,109
998,863
2,327
1,784
2,281
210
798, 282
57, 529
144,676
13, 556
27,286
12,020
17,378, 004
1,355,178
3,273,121
415,622
715,346
334,406
742, 569
49,150
107, 597
17, 553
21,080
5,355
710, 754
131,069
163,594
35,416
66,856
20
3,024, 411 1,123, 314 1,107,354
31, 456
405
58, 747
322,929
6,224
57,773
8,092
15,157
45, 262
1,066
6,798
14,099
1,454
11, 440
4,040,492
1,138,170
1, 545,870
103,305
344,161
143,106
23,610
161
1,505
920
3,500
8,233
336
4,425 1,053,349
23,471,677
943,304
1,107, 709
3,446,249 1,132,463 1, 257,269
7,315,104
32,965
16,105
43,328
13,931
32,618
44,650
14,019
16,363
26,825
63,543
13, 785
31,231
24,780
572,874
291,376
965, 522
207, 206
610, 943
818,359
265,119
434,806
468,759
1,449,963
349,938
823,817
414,084
13,039
12,193
34,873
6,247
16,833
16,195
6,051
7,133
7,885
22,663
5,531
21,775
10,804
68,190
48,058
110,470
21,602
115,277
96,972
62,508
116,350
207,154
170,056
43,773
77,874
65,956
66, 111
14,336
264, 705
9,848
55,922
40,911
2,651
49,029
52,909
60,302
13,057
153,276
10,468
11,209
18, 657
19,249
1,447
7,531
12, 644
1,920
3,506
7,823
27, 526
3,286
8,264
4,182
446,074
156, 792
418,312
60, 724
324, 532
385,996
157,102
164, 908
208, 527
389,295
101,391
226,132
310,838
1,080
200
30
50
450
280
47
50
129
43
99
1,009
19
1,135
66
200
1,987
374,143
7,672,766
181,222
1,204,240
793, 525
2,500
127, 244
3,350,623
100
244
365
117,465
36,232
105,467
2,599,517
924,731
2,540,429
107,648
28,658
77,880
210,174
162,504
153,768
124,989
7,925
195,994
2,748
45,079
13,188
47,274
2, 020, 553
584,057
1, 597, 517
U. S. P o s t a l
Govern- savings
ment
1,216
150
47,656
9,680
2,331
5,481
50,041
9,335
33, 484
Banks in
foreign
countries
4,127
States
and
political
subdivisions
Banks Banks
in
in
United foreign
States countries
605
163
763
2,452
1,548
375
7
65
5,906
72
710,864
25
19
125,160 126,754
13,412
13
41,389
1,620
9 582
8,774
5
37,929
355
198,317 128,392
714,314
3,551
40
3,786
478
2,428
872
441
25
2,267
145
32
2,718
30
1,868
135
4,873
5
465
2,436
34
3,425
469
30
1,135
1,570
484
952
90
349
16
421
5
67
38,035
1,394
28,434
9,562
3,765
54,023
1,512
161
9,657
58,901
739
14,263
16,364
16,813 10,674
236,810
6,102
90,893
20,462
82,633
135
1,720
1,152
326
72
681
160
40
623
25
15
709
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
_
2,492
25
6
25
815
26
176
205
141
77
50,387
6,532
15,151
304
31,138
32
10,159
212, 794
9,094,805
4,913
1,506
297, 500
2,016
1,627
1,968
2,679
6,287
3,149
689
8,528
1,923
5,196
83,643
81,033
52, 051
200, 501
93,766
27,959
144,766
34,266
100, 539
22
8
14
90
17
1,251
2,128
910
302
15
52, 937
6,719
187
31, 092
4,268
1,337
13,699
6,507
543
9
32,046
818, 524
4,440
367
117, 289
134
967
132
21,882
121, 783
71,004
2,253,807
45,245
155, 544
34, 270
53,964
20
550
2,837
19
27
9,224
221,309
11
17
10
23,839
304
9,447
50
284
2,547
1,550
75,380
1,115
3,534
2,284
3,467
23,268
89,877
2, 735,617
2,885
29
264,150
6,740
8,515
69,307 13, 218 1,119, 972 143,456
722,829
230, 285
90,420
78, 504
169,827
203,996
42,486
29,351
3,349
22,127
371,011
1,127
49
485
370
53,496
31,058
12, 763
29,178
48, 586
5,220
580,487
12,186,613
389, 267
1,299,478
797,232
8,086
6,748
14, 200
25,323
7,685
1,555
16,265
4,725
12,313
176,399
176,905
325, 545
521,292
220,806
61,313
297,632
104,333
264,974
3,071
2,972
6,736
10, 727
4,819
907
6,736
4,239
5,078
64,049
28,368
36,148
151,496
35, 786
13,576
36,865
25,638
46,000
2,726
2,173
2,655
12,706
17,942
878
27,908
509
5,519
96,900
2,149,199
45, 285
437,926
73,016
7,315
7,405
131,167
3,788
9,821
2,636
5,710
140,363
89,243
2,518, 713
73,897
184,890
45,114
118,056
3,480
2,515
73, 571
1,340
4,312
970
2,941
18,875
16,875
115,165
14,881
45,935
14,623
19,372
3,256
1,158
214, 789
855
26,714
1,207
1,844
167,842
3,170,276
89,129
245, 726
249,823
50,881,583 1, 732, 015
4, 507,094
3,385
11,820
3,882
13, 562
10, 410
124
3,160
569
76
1,530
22,726
44,485
339
6,995
5,715
589
404
65
100
113
460
1,388
8,681
8
22
1,891
13,355
1,324
10,772
279,627
375
1,134
40
10
120
40
2,108
1, 950, 596
999, 708
571,910
599,367
771,097
1,573,443
1,009,913
510,706
1,084,303
1,943, 571
2,115
1,885
130
1,237
110
1,347
49,030 14,325 2,383,073
1,035
10,662
37,791
100
15,657
7,142
5,715
121,822
171,855
299
313
1,250
78
1,842
49,901
323,740
43,261
74,082
51, 205,323 1,775,276
4,581,176
49,030 14,325 2,432,974
9
3
5,465,126 1,170,619 1,810,339 24,313,536
266
8,728
1,627
6,977
109,440
150, 515
449
5,478,481 1,171,943 1,821, 111 24, 593,163
10
5
26
4
5
26
400
690
374
4,224
17
3,355
486
50
1,774
15, 271
35, 098
441
5,714
553
57,499
4
30
100
6,140
8,515
11
2,053
10
2,064
10
75,021 13,771 1,177,471 145, 520
722,839
1,560
i Includes dividend checks, letters of credit and travelers' checks sold for cash, and amounts due to reserve agents (transit account).
70
59
40, 711
21,896
10, 761
15, 939
17,946
102,489
47,357
29,499
46,505
95,473
415
TABLE N O .
45.—
fcO
and liabilities of active mutual savings banks, Dec. 31, 1957
ASSETS
[In thousands of dollars]
Location
Loans and
Num- discounts,
ber of including
banks
overdrafts
U.S.
ObligaGovern- tions of
Other
ment obStates
bonds,
ligations, and po- notes and
debendirect and litical
tures
guaransubteed
divisions
32
171,629
34
296,926
106,127
7
186 3,113,537
242,954
8
71 1,283,245
125,074
137,622
21,493
1,693,163
100,873
600,924
5,214,418
2,679,149
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total New England
States
338
New York
New Jersey
Pennsylvania._
Delaware
Maryland
_-Total Eastern States
128 13,537,854 3,784,805
688,448
294,700
23
817,161
7
323,566
2
33,710
18,484
267,107
201,209
7
167 15,344, 280 4,622,764
Ohio
Indiana
Wisconsin
Minnesota
Total Middle Western
States
Washington _
Oregon
Total Pacific States
Total United States (exelusive of possessions)
Virgin Islands of the United
States
Total United States and
possessions
Balances
with other
Corpobanks,
rate
including
stocks,
including Currency reserve
stocks of and coin balances
and cash
Federal
items in
Reserve
process of
banks
collection
14,109
6,621
620
52,394
5,623
32,696
52,249
21,273
1,989
331,951
74,323
230,736
21,794
31,552
1,829
237,538
23,060
110,119
2,379
1,576
867
21,835
3,071
11,443
112,063
712,521
425,892
41,171
414,930 1,815,337
30, 701 192,692
71,175 577,540
15,149
71,346
5,161
69,591
537,116 2,726,506
287,405
17,876
23,516
7,095
75,897
7,345
7,605
213
2,230
93,290
335,892
Real
Bank
estate
premises owned
owned,
other
furniture
than
and
bank
fixtures premises
2,064
4,855
1,145
33,453
2,799
12,936
518
686
66
1,470
28
929
171,353
57,252
3,697
446,589
37,674
31,310
4,622
15, 729
535,924
124,162
11,234
9,882
1,252
3,237
149, 767
2,059
112
62
243
77
2,553
5
9
10,906
10,601
3,746
90,630
8,617
46,853
Investments
and other
assets indirectly
representing bank
premises
or other
real estate
Customers' liability on Other
accept- assets
ances outstanding
Total
assets
400,984
262
512,004
292
137,932
50
19,322 5,595,293
461,961
613
15,838 2,345,719
36,377
9,453,893
183,271 20,672,309
9,084 1, 289,866
9,832 1,871,649
3
152,117
599,377
35,036
237,226 24,585,318
3
4
4
1
196, 660
28,296
9,966
186,866
81,106
23,069
9,005
24,545
3,448
2,909
1,510
22,436
36, 243
1,997
649
51,963
5 453
26
50
2,856
420
260
521
17,836
3,934
1,779
7,978
2 931
395
128
615
44
1 611
209
13
1,020
12
421, 788
137, 725
30,303
90,852
5,529
4,057
31,527
4,069
58
2,853
728,761
4
1
5
209,325
26,535
235,860
104,287
8,370
112,657
2,078
15
2,093
31,789
2,290
34, 079
186
186
937
261
1,198
9,472
1,552
11,024
1,281
65
1,346
34
34
891
257
1,148
360,246
39,379
399,625
522 21, 216,346
7,552,295
681,575 3,563, 958
767,499
139,716
749,828
212,434
6,342
11
60
139,727
749,888
1
164
523 21,216,510
6
7,552,295
681,575 3,563,964
767,499
277, 604 35,167,597
22
212,434
6,342
348,149
61,264
23,360
295,988
263
277,626 35,167,860
and liabilities of active mutual savings banks, Dec. 31, 1957—Continued
TABLE N O . 45.—.
LIABILITIES
[In thousands of dollars]
Demand
deposits
Location
__
Total New England States
.
__ __
_
Total Eastern States
Ohio
Indiana
.
Wisconsin
Minnesota..
_. _ _
Total Middle Western StatesWashington
Oregon
Total Pacific States
Total United States (exclusive of possessions)
Virgin Islands of the United States...
Total United States and possessions
1
Total
deposits
892
648
231
1,055
352,474
450, 290
124,502
4,972,305
418,559
2,102,106
352, 478
450,290
125,394
4,972,953
418,790
2,103,161
2,830
8, 420, 236
8,423,066
3,381
14,719
351
3,988
18, 648, 279
1,165,524
1, 733, 769
131,940
536,601
22,439
375
4,823
98
328
4
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
New York
New Jersey
Pennsylvania
Delaware
Maryland
Time
deposits
Includes guaranty fund.
Bills payable, rediscounts, a n d
other liabilities for
borrowed
money
Acceptances
executed by
or for
account of
reporting
banks and
outstanding
Other
liabilities
Reserves
and retirement
account for
capital notes
and
debentures
2,355
4,674
612
62,555
3,805
18,888
25, 757
31,444
3,439
319, 516
35,518
126, 680
19,079
22,388
4,051
227,934
3,735
82,734
1,315
2,008
4,424
12,335
113
14,256
1,212
92,889
542,354
359,921
34,451
18, 651, 660
1,180, 243
1, 734,120
131,940
540,589
2,000
274,353
12,414
11,294
15
7,771
1,318,328
84, 779
117,103
19,693
20, 720
297,275
471
4,682
225
30, 222
128,693
11,959
4,450
244
75
22, 216,113
22, 238,552
2,000
305,847
1,560, 623
332,875
145,421
315,789
50, 711
21,178
273, 689
316,164
55,534
21, 276
274,017
6,502
61
166
941
24, 265
4,570
1,724
17,000
344
472
184
1,689
874
627
10
2,341
47,559
2,689
3,852
20, 760
900
3,482
651
3,833
1,200
12
5,624
661,367
666,991
7,670
40
1
328,802
37,084
328,842
37,085
3,329
743
41
365,886
365,927
30,934
31, 663, 602
31,694,536
190
190
30,934
31,663,792
31, 694,726
___
Surplus l
Undivided
profits
4,072
21, 660
4,133
3,833
3,212
410,478
2,172,196
699,618
187,557
3,212
410,482
2,172,196
699,687
4
69
W
c
O
o
d
3
9
187,557
o
TABLE N O . 45.—Assets and liabilities of active mutual savings banks, Dec. 81, 1957—Continued
to
lln thousands of dollars]
Loans and discounts
Other
to
Comloans for Loans
farmers
mercial
Other
the pur- directly
and
inLoans to pose of
loans
to
farmers dustrial
Loans brokers purchas- guaranteed by (excludloans
and
to
ing
or
the
Secured
dealers carrying
loans (includCom- ing
by other banks in
ing
secu- stocks,
on real
modity
properopen
rities
estate)
bonds,
Credit
ties
market
and
paper)
other se- Corporation
curities
Real estate loans
Location
Secured
by farm
land
(including
improvements)
Secured
by residential
properties
(other
than
farm)
Maine
New Hampshire
Vermont
Massachusetts Rhode Island
Connecticut
Total New England
States
1,291
1,707
6,189
6,397
189
5,592
147, 716
237,836
82,656
2,707,503
231,300
1,200,066
16,504
48,052
9,066
351,475
8,528
60,726
15
2
1,858
862
361
1,906
22
51
1,485
21,365
4,607,077
494,351
5,004
New York
New Jersey
- Pennsylvania
Delaware
-Maryland
Total Eastern States
8,533 12,179,133 1,451,230
644,687
202
47,898
781,043
618
37,057
32,671
860
79
231,803
788
18,618
11,001 13,869,337 1, 554,882
2,985
64
Ohio
Indiana
Wisconsin
Minnesota
_
Total Middle Western
States
3,610
2,434
36
18,367
143, 622
22,983
9,207
160,988
24,447
437
Wash ins ton
Oregon
Total Pacific States
Total United States (exclusive of possessions)
Virgin Islands of the United
States
Total United States and
possessions
437
Other
loans to
All
individother
uals for
loans
personal (includexpendi- ing overtures
drafts)
171,629
296,926
106,127
3,113,537
242,954
1,283,245
27,021
5,214,418
24
140
171,986
298,340
106,559
3,129,027
247,142
1,288,385
1,582
7,402
97,697
6,961
5,241,439
13,653
41,186
2,580
871
47
16,731
61,415
900
53
11,580 13,708,300
23
695,454
820,489
33, 710
916
268,856
12, 519 15, 526,809
14,606
178
60
20,480
385
46
166
7,213
8
25
336,800
14,644
178
60
27,840
21,077
7,246
171,991
24,476
196,467
36,003
2,007
38,010
994
52
1,046
1,642
49,848
181,235
102
1,642
49,848
181,235
170,446 13,537,854
688,448
7,006
817,161
3,328
33, 710
267,107
1,749
182, 529 15, 344,280
196,660
28,296
9,966
186,866
203,481
28, 582
9,967
190,262
6,821
286
1
3,396
432,292
10,504
421, 788
209, 425
26,535
235,960
100
209,325
26,535
235,860
100
26, 726 21, 436, 500 220,154 21,216,346
164
164
26,788 21,436,664
220,164 21,216,510
62
8,231
357
1,414
432
15,490
4,188
5,140
1,025
704
319
4,773
27, 765
75
57,250 19,009,783 2,101,887
Net
loans
4,863
6,491
3,947
57,842
5,931
18,623
3,049
8,231
Less
valuation reserves
550
3,497
1,039
175
833
1,308
791
2,459
653
10,741
57,250 19,009,681 2,101,887
Total
gross
loans
TABLE NO. 45.—Assets and liabilities of active mutual savings banks, Dec. 31, 1957—Continued
[In thousands of dollars]
46754
r
CT
I
Time deposits
Demand deposits
Individuals, partnerships,
and corporations
Location
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
sions
Banks
in
United
States
_ _
842
Total New England States
New York
New Jersey
Pennsylvania.
Delaware
Maryland
States
U.S.
and
Govern- political
ment
subdivi-
__ _
Total Eastern States
Ohio
Indiana
Wisconsin _ .
Minnesota
Total Middle Western States-
Certified
and
cashiers'
checks,
etc. 1
Individuals, partnerships,
and corporations
4
350, 940
450,220
123, 751
4, 972,151
418, 559
2,100, 503
14
14
43
1
40
3
400
19
528
4
248
211
487
882
950
44
954
8, 416,124
869
11, 835
2,183
305
351
559
25
329
1,995
States
and
political
subdivisions
1,520
70
729
154
Banks
in
United
States
22
849
754
3,322
776
1
5,269
37
97
220
270
28
4
318
3,368
2,867
563
343
5,692
22,210,482
5,404
227
250
2,949
93
340
5
1,328
125
206
314 271
50, 424
21 178
273, 689
1 518
276
11
3,292
345
1,328
11
328
17,148
7
659, 562
1,794
40
1
328, 802
36, 724
15
345
41
365, 526
15
345
14
10, 535
1,359
14
10, 535
1,359
4,203
1,935
659
343
7,305
Virgin Islands of the United States
31,651,694
190
17,148
4,203
1,935
343
7,305
31, 651,884
i Includes dividend checks, letters of credit and travelers' checks sold for cash, and amounts due to reserve agents (transit account).
Postal
savings
12, 974
Total Pacific States
Total United States and possessions-
U.S.
Government
18, 648, 278
1,160,035
1, 733, 732
131 843
536, 594
Washington
Oregon—
Total United States (exclusive of
possessions)-.
Banks
in
foreign
countries
Banks
in
foreign
countries
TABLE N O .
46.—
and liabilities of active private banks, Dec. 81, 1957
ASSETS
[In thousands of dollars]
Number of
banks
Location
U. S. Gov- ObligaOther
tions of
bonds, CorLoans and ernment
States
notes, porate
discounts, obligations,
and
stocks
including direct and and politoverdrafts guaranteed ical sub- debendivisions
tures
Currency
and
coin
Balances
with other Bank
banks, in- premcluding re- ises
serve bal- owned,
ances and furnicash items ture
m process
and
of collec- fixtures
tion
Real
estate
owned
other
than
bank
premises
Investments
Customand other ers' liaassets in- bility on
directly
acceptrepresentances
ing bank
outpremises standing
or other
real estate
Other
assets
4
2,332
15,717
3,471
252,401
12,485
15,717
3,471
264,886
O
Total
assets
Connecticut
2
1,048
639
58
27
86
402
68
New York
Pennsylvania
2
5
84,364
4,011
44,723
5,884
43,515
475
1,371
228
7,009
44
380
405
51,124
1,354
727
67
17
-
7
88,375
50,607
43,990
1,599
7,053
785
52,478
794
17
—
35
10
4 743
16,920
628
15,529
83
7,572
46
3,394
16
161
528
1,384
3 010
10, 955
155
668
89
28
85
97
9,383
56,708
45
21,663
16,157
7,655
3,440
177
1,912
13,965
823
117
182
66,091
5
1
7
1,702
54
5,166
4,168
179
3,436
311
3
362
4
5
4
127
16
185
918
156
1,984
20
3
7,253
413
11,182
Total Middle Western States-
13
6,922
7,783
676
13
328
3,058
65
3
18,848
Total United States (exclusive of possessions)
_
67
118,008
75,186
52,321
5,110
3,111
69,903
1,750
134
3,660
352,157
1
343
278
96
216
8
50
2
1,091
68
118,351
75,464
3,207
70,119
1,758
184
3,662
353,248
Total Eastern States
Georgia
Texas
_
Total Southern States
Indiana
Michigan
Iowa
Alaska
Total United States and possessions
_
7,257
98
52,321
5,208
7,257
45
15,717
15,717
o
I
o
TABLE N O . 46.—
and liabilities of active private banks, Dec. 31, 1957—Continued
LIABILITIES
[In thousands of dollars]
Location
Demand
deposits
Time
deposits
Total
deposits
Bills payable,
rediscounts,
and other
liabilities for
borrowed
money
Acceptances
executed by or
for account of
reporting
banks and
outstanding
Other
liabilities
Capital
stock
Surplus
Undivided
profits
Reserves
%
G
1-3
c
Connecticut
New York
Pennsylvania
Total Eastern States.
Georgia
Texas
Total Southern States
Indiana
Michigan
Iowa
___
Total Middle Western States
Total United States (exclusive of
possessions)
Alaska
Total United States and possessions-
1,598
422
2,020
4
25
283
192,229
4,877
3,950
6,072
196,179
10, 949
8,569
19,726
6,159
3
3,000
13,808
1,479
223
4,737
54
197,106
10,022
207,128
8,569
19,726
6,162
3,000
15,287
223
4,791
6,926
43, 239
738
7,450
7,664
50,689
11
57
25
733
1,490
530
3,410
348
593
40
501
50,165
8,188
58,353
11
82
2,223
3,940
941
541
5,657
151
9,141
940
210
1,381
6,597
361
10,522
17
75
20
205
334
16
189
196
4
185
34
12
81
14, 949
2,531
17, 480
17
300
539
385
127
263,818
21,163
284,981
6,265
5,548
20,049
1,549
5,459
785
194
979
50
25
27
10
264,603
21,357
285,960
5,598
20, 074
1,576
5,469
8,580
8,580
19,726
19, 726
6,265
o
t
C
o
a
to
O
5
TABLE N O . 46.—Assets and liabilities of active private banks, Dec. 31, 1957—Continued
to
[In thousands of dollars]
8
Loans and discounts
Real estate loans
Secured Secured
by farm by resi- Secured
by other
land (in- dential
cluding properties properties
im(other
provethan
ments)
farm)
Location
Other
loans for Loans to
the pur- farmers
CommerLoans to pose of
directly
Other
cial and
brokers purchas- guaran- loans to industrial
loans
ing or
Loans
and
teed by
farmers
to
dealers carrying the Com- (exclud- (includbanks in securi- stocks,
modity ing loans ing open
market
bonds,
ties
Credit
on real
paper)
and other Corpora- estate)
securition
ties
O
Other
loans to
individuals for
personal
expenditures
All other
loans
(including overdrafts)
Total
gross
loans
Less
valuation
reserves
Net
loans
o
4
332
53
173
663
233
173
663
233
786
216
843
1,283
1,002
2,126
223
764
987
56
5
396
597
5
416
132
T o t a l Middle Western
States
457
1,018
221
Total United States (exclusive of possessions)
1,636
4,139
1,494
160
41
4,299
1,535
Connecticut
New York
Pennsylvania
_ _
_
__
Total Eastern States
Georgia
Texas
..
Total Southern States
Indiana
Michigan
Iowa
Alaska
Total United States and
possessions
1,636
9
288
340
22
1,048
1,048
187
9,759
11,457
23
113
59,638
318
535
986
3,025
1,502
84,601
4,011
237
84,364
4,011
187
9,759
11,480
113
59,956
1,521
4,527
88,612
237
88,375
30
17
27
15
493
1,957
1,527
6,955
67
446
4,751
16,920
8
4,743
16,920
30
17
42
2,450
738
5,284
6,022
8,482
513
21,671
8
21,663
1
30
237
9
414
297
11
353
24
1
44
1,722
54
5,166
20
244
391
23
3,167
1,702
54
5,166
1
274
3,581
660
661
69
6,942
20
6,922
11,498
316
6,153
66,926
11,004
5,131
118,273
265
118,008
33
100
14
348
5
343
66,959
11,104
5,145
118,621
270
118,351
89
187
187
9,789
9,789
11,498
316
6,153
o
t-1
3
O
TABLE NO. 46.—Assets and liabilities of active private banks, Dec. 31, 1957—Continued
[In thousands of dollars]
Time deposits
Demand <leposits
Location
Individuals,
partnerships, and
corporations
Connecticut
States
Certified Individuals,
and polit- Banks in Banks in
and
partnerU. S.
ical sub- United
cashiers' ships, and Governforeign
divisions
States countries checks,
corporament
etc.i
tions
- .. .
Georgia
._
..
Texas
Total Southern States...
Indiana
Michigan
Iowa __ ._
Total Middle Western States
Total United States (exclusive of
possessions)
_..
Alaska
Total United States and possessions.._
Banks in Banks in
United foreign
States countries
3
422
100
47
17, 924
23, 594
16, 111
24
2,560
6,072
140
1,250
139,304
2
147
17,924
23, 594
16,135
8,632
140
1,250
274
23
2,988
10
576
43
455
727
6,625
3
11
822
3,011
586
498
7,352
3
833
526
16
419
8
825
210
1,381
115
8
2,416
115
16, 644
18, 822
2
104
16,646
18,926
45, 796
_
States
and political subdivisions
2
6,850
38,946
_.
Postal
savings
134,498
4,806
1,595
New York
Pennsylvania..
-. Total Eastern States
1
U. S.
Government
5,111
134
8,722
274
12
1
13,967
13
961
200,662
289
4,119
553
50
180
201,215
339
4,299
18, 510
18,510
23, 594
23, 594
3
1,088
o
o
o
g
3
1,250
90
3
1,178
1,250
Includes dividend checks, letters of credit and travelers' checks sold for cash, and amounts due to reserve agents (transit account).
3
o
o
CO
210
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 47.— Per capita demand and time deposits of individuals, partnerships,
and corporations in all active banks, Dec. 81, 1957
Location
Population
(approximate)
Deposits of individuals, partnerships, and corporations (in thousands)
Total
Maine
New Hampshire.
Vermont
Massachusetts...
Rhode Island
Connecticut
Total New
States
England
955,000
579,000
381,000
4,919,000
875,000
2,280,000
872,193
756,934
431,093
8,932,022
1,153,247
4,074,534
Demand
275,998
174,591
112,685
3,280,115
406,628
1,429,093
Per capita
Time
Total
596,195
582,343
318,408
5,651,907
746,619
2,645,441
$913.29
1,307.31
1,131.48
1,815.82
1,318.00
1,787.08
Demand
$289.00
301.54
295.76
666.82
464.72
626.80
Time
$624.29
1,005.77
835.72
1,149.00
853.28
1,160. 28
9,989,000
16,220,023
5,679,110 10,540,913
16,004,000
5,714,000
11,154,000
450,000
2,946,000
835,000
48,143,166
6,746,033
13,120,048
678,665
2,368,764
1,261,970
23,101,000 25,042,106
3,002,338 3, 743,695
7,357,776 5,762,272
430,899
247,766
1,267,652 1,101,112
935,122
326,848
3,008.20 1,443.46 1,564.74
525.43 655.18
1,180.61
659.65 516.61
1,176.26
957. 55 550.59
1,508.14
430. 30 373. 76
804.06
1,511.34 1,119.91 391.43
Total Eastern States.... 37,103,000
72,318,646
36,094,847 36,223,799
1,949.13
972.83
976.30
3,864,000
1,993,000
4,568,000
2,404,000
3,834,000
4,227,000
3,183.000
2,213,000
3,113,000
9,284,000
1,781,000
3,077,000
3,504,000
2,360,417
958,779
1,896,273
715,772
1,934, 942
3,149, 341
1,450,004
826,146
1,954,697
7,747,944
885,050
1,745,272
2,123,924
610.87
481.07
415.12
297. 74
504.68
745.05
455. 55
373.31
627. 91
834.55
496.94
567 20
606.14
359. 33
315. 37
297. 99
238. 50
358.87
530. 73
313. 87
269.23
462. 35
675.38
379.67
443. 38
378. 76
251. 54
165.70
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Total Middle Western
States
-
971,975
330,247
535,059
142,428
559,023
905,945
450,971
230,343
515,395
1,477,729
208,862
380,981
796,745
27,748, 561 20,242,858
568. 54 1,055.25
117.13
59.24
145.81
214.32
141.68
104.08
165. 56
159.17
117.27
123.82
227.38
7,505,703
589.83
430.29
159. 54
9,314.000
4,606,000
9,767,000
7,957,000
3,920,000
3,370,000
2,837,000
4,307,000
9,132,465
3,659, 768
13,106,173
6,921,004
3,555,384
3,281, 761
2,389,344
4,272,175
5,389,600 3,742,865
2,335,800 1,323,968
8, 784,783 4.321,390
3,656, 699 3,264,305
1,954,941 1,600,443
1,754,334 1,527,427
1,580,750
808,594
3,183,369 1,088,806
980. 51
794. 56
1,341.88
869.80
906. 99
973.81
842.21
991.91
578. 66
507.12
899.43
459. 56
498. 71
520. 57
557.19
739.11
401.85
287.44
442.45
410.24
408.28
453.24
285.02
252.80
46,078,000
46,318,074
28,640,276 17,677,798
1,005.21
621. 56
383.65
Total Southern States... 47,045,000
Ohio
Indiana
Illinois
Michigan
Wisconsin...
Minnesota. .
Iowa
Missouri
1,388,442
628,532
1.361,214
573, 344
1,375,919
2,243, 396
999, 033
595,803
1,439,302
6.270,215
676,188
1,364,291
1,327,179
1,623.79
REPORT OF THE COMPTROLLER OF THE CURRENCY
211
TABLE NO. 47.— Per capita demand and time deposits of individuals, partnerships,
and corporations in all active banks, Dec. 31, 1957—Continued
Population
(approximate)
Location
Deposits of individuals, partnerships, and corporations (in thousands)
Total
Demand
Time
Per capita
Total
Demand
Time
648,000
711,000
1,473,000
2,164,000
677,000
318,000
1,705,000
845.000
2,305,000
543,141
532,067
1,161,866
1,544.477
628; 713
289,844
1,401,989
441,803
1,84?., 648
361,532
358,604
999,442
1,172,230
437,257
198, 529
988, 730
329,197
1,484,517
181,609
173,463
162,424
372,247
191,456
91,315
413,259
112,606
359,131
838.18
748.34
788. 78
713.71
928.67
911.46
822.28
522. 84
799.85
Total Western States_._. 10,846,000
8,387,548
6,330,038
2,057,510
773.33
583.63
189.70
2,761,000
1,796,000
14,223,000
651,000
869,000
274,000
1,167,000
2,483,720
1,543,477
17,472,093
490,013
664,410
267, 782
760, 556
1,362,684
844,484
9,132,218
292,036
368,640
150,319
526,810
1,121,036
698,993
8,339,875
197,977
295,770
117,463
233,746
899. 57
859. 40
1,228.44
752. 71
764. 57
977. 31
651.72
493. 55
470. 20
642 07
448.60
424.21
548.61
451.42
406.02
389.20
586.37
304.11
340.36
428.70
200.30
21,741,000
23,682,051
12,677,191 11,004.860
1,089.28
583.10
506.18
Total United States (exclusive of possessions) . 172,802,000 194. 674, 903 109,664,320 85,010,583
North Dakota
South Dakota
Nebraska
"Kansas
Montana-..
Wyoming
Colorado New Mexico
Oklahoma
-
-
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
167,000
40, 000
50,000
568.000
2,279,000
21,000
112, 987
8,769
12,692
398, 243
322,370
748
73,324
7,142
5, 715
212,244
171,855
299
557.92
504.37
678.51
541.69
645.87
624.31
579.90
389.58
644.04
280.26
243.97
110.27
172.02
282.80
287.15
242.38
133.26
155.81
1.126. 58
634.63
491.95
39,663
1,627
6.977
185; 999
150,515
449
676.57
219. 23
253. 84
701.13
141.45
35.62
439.07
178. 55
114.30
373.67
75.41
14.24
237 50
40.68
139.54
327.46
66.04
21.38
24,000
11,196
4,309
6,887
466. 50
179.54
286.96
3,149,000
867,005
474,888
392,117
275.33
150.81
124.52
Total United States and
175,951,000 195,541,908 110,139,208 85,402,700
possessions
1, 111. 34
625.96
485.38
Total possessions
TABLE N O
48.—Officials
of State banking departments and number of each class of active banks in December 1957
State commerciall
Names of officials
Titles
Carleton L. Bradbury
Winfield J. Phillips
Alexander H. Miller
Edward A. Counihan I I I .
Alexander ChmielewskL..
Henry H Pierce, Jr
State Bank Commissioner
Bank Commissioner
Commissioner of Banking and I n s u r a n c e Commissioner of Banks
Bank Commissioner _.
Location
Maine
New Hampshire.
Vermont
Massachusetts
Rhode Island..
Connecticut
do
Total New England
States.
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
George A. Mooney
Charles R. Howell
Robert L. Myers
Randolph Hughes
William H. Kirkwood, J r .
Superintendent of Banks..
Commissioner of Banking and InsuranceSecretary of Banking
._
State Bank Commissioner
Bank Commissioner
Total Eastern States __
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
-
Logan R. Ritchie
Donald L. Taylor
. . . Ben R. Roberts
C. V. Pierce
A. P . Persons
Ray E. Green
Lonnie W. Gentry
W. P . McMullan, Jr
J. W. Jeansonne
J. M. Falkner
Dick Simpson
S. Albert Phillips
H. B. Clarke
Commissioner of B anking
do
Commissioner of Banks. _ _
_ .. ..
Chief Bank Examiner
Superintendent of Banks
State Commissioner of Banking.
Superintendent of Banks
State Comptroller
State Bank Commissioner
Commissioner, Department of Banking
State Bank Commissioner
Commissioner, Department of Banking. .
Superintendent of Banks
Total Southern States
.
Paul Hinkle
Joseph McCord
Superintendent of Banks
Director, Department of Financial Institutions.
Private
Insured
NonNoninin- Members Nonsured Federal members sured
Reserve Federal
System Reserve
System
Noninsured
59
58
33
248
13
124
6
1
1
24
1
11
15
12
24
33
2
32
6
11
1
5
2
8
21
12
7
6
7
5
180
1
66
2
535
44
118
33
58
280
2
313
125
280
22
99
9
124
58
88
2
11
5
50
41
172
17
80
4
9
3
8
1
1
128
23
7
1
6
1
1
848
288
364
22
165
2
181
106
165
118
344
172
170
168
141
498
182
276
224
70
36
6
6
13
13
25
7
11
122
20
20
9
110
66
158
105
288
154
145
158
129
352
157
243
208
1
4
1
7
8
5
3
1
14
5
13
7
10
2,745
358
2,273
69
45
385
344
162
109
219
2 224
1
3
11
22
2
5
7
35
1
1 coco
Ohio
Indiana
Total
Insured
number
of
Members Nonbanks Federal members
Reserve Federal
System Reserve
System
Mutual savings
4
Illinois
Michigan
Wisconsin _ .
Minnesota
Iowa
Missouri
Total Middle Western
States.
North Dakota
__
South Dakota
Nebraska
Kansas.Montana
Wyoming. _
. _
Colorado.,
New Mexico.. . . .
Oklahoma.
Total Western StatesWashington
Oregon
._ _
California
Idaho
Utah
Nevada
Arizona
Total Pacific States
Total United States
(exclusive of possessions) .
Alaska__
.
The Territory of HawaiiPuerto Rico
.__
Auditor of Public Accounts
Commissioner, State Banking DepartmentCommissioner of Banks
do ...
.. Superintendent of Banking
Commissioner of Finance
Elbert S. Smith
Alonzo L. Wilson
G. M. Matthews
I. C. Rasmussen
Joe H. Gronstal
G. H. Bates
410
167
385
466
457
416
813
2,744
116
138
298
426
74
28
94
26
190
2
26
17
43
44
15
18
8
26
110
112
242
340
29
13
63
18
156
1,390
199
1,083
108
67
44
80
19
42
3
4
10
7
26
8
13
2
1
51
34
48
11
24
1
2
2
2
6
259
67
171
16
9,443
1 769
6,753
333
11
9
10
6
3
7
4
6
3
2
1
3,666
G. H. Russ, Jr
Gorden H. Maxam
J. Floyd McLain
R. B. Medlin
R. E. Towle
Norris E. Hartwell
Frank E. Goldy
F. F. Weddington
0. B. Mothersead
Joseph C. McMurray
Marshall A. Case
William A Burkett
R. U. Spaulding
Seth H Young
Grant L. Robison
D. 0. Saunders
_
State Examiner
Superintendent of Banks
Director of Banking
State Bank Commissioner
Superintendent of Banks
State Examiner
State Bank Commissioner
State Bank TCxaminer
Bank Commissioner
Supervisor of Banking
Superintendent of Banks
do
Onrnmissirmer of Finanrfi
Bank Commissioner
Superintendent of Banks
do
Secretary, Territorial Banking Board
Supervising Bank Examiner
Secretary of the Treasury
Virgin Islands of the
United States.
Total possessions
Total United States and
possessions.
1
2
Includes stock savings banks.
Includes 1 private bank.
3 Includes 1 trust company which is a member of the Federal Reserve System.
...
6
4
5
10
37
3 19
129
151
65
29
71
97
545
323
459
506
572
532
33
9,476
1,769
85
1
2
1
1
1
7
3
8
1
12
283
66
4
39
43
1
13
8
4
1
5
1
5
3
236
1
1
17
14
6,770
347
3
236
1
1
284
67
to
CO
fcO
TABLE N O . 49.—Assets and liabilities of all active banksy Dec. 31, 1986 to 1957
[Amounts in thousands of dollars]
Loans and U. S. GovOther
bonds,
ernment
obligations, stocks,
overdrafts direct and
and
guaranteed securities
Number discounts,
of banks including
1936
1937
1938
1939
1940
1941
1942
1943
1944
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
.1956
1957 ..
15,704
15,463
15,265
15,096
14,956
14,885
14,722
14,621
14,579
14,598
14,633
14, 755
14,735
14,705
14,666
14,636
14,596
14, 538
14,388
14,265
14,188
14,103
21,613,328 17,497,059
22,342,879 16,660,068
21,535,406 18, 002, 042
22,374,700 19,447,464
23,967,476 21,028,798
26,838,365 25,553,809
24,001,146 46,059,111
23,674,539 66,259,384
26,101,639 86,414, 755
30,466,867 101, 904,073
35,822, 868 87,093, 517
43, 231,136 81,636,938
48,452, 743 74, 462, 553
49,828,162 78,753, 673
60.711,146 73,188,217
68,000, 966 71,595,087
75,928, 803 73,010,835
80,920,155 72,872,466
86,058, 272 78,004,064
100, 575,185 70,309,691
110,632,011 66,795,281
115,759,782 66,066,124
10, 700,905
9,664,255
9,348,161
9,499,776
9,035,537
8,312,249
7,466,862
7, 596,205
8,611,660
9, 543,221
10, 760,398
11,470,848
12,682,551
14,816,545
15,991,176
17,449,091
18,452,644
20, 519,756
20, 754,037
20,556,588
23,051,813
Cash
Balances
with other
banksi
Other
assets
1,025,586
907, 871
(*)
1,196,539
1,407,364
1,545,018
1,463,836
1,612,252
1,801,370
2,025,088
2,221,793
2,392,970
2,145,156
2,185,256
2,343,064
2,890,421
2,938,679
2,690,476
2,657,128
2,873,239
3,454,476
3,532,901
15,871,668
15,065,962
18,373,644
22,197,935
26,846,418
25,942,377
27,371, 581
26,999, 933
29,175,791
33, 589,693
32,995,748
36,167,173
37,490,369
34,490,538
38,892,739
42,826,197
42,825,197
43,301,133
42,097,116
45,105,892
46,382,257
46,006,103
3,402,165
3,271, 994
3,258, 252
3,010,458
2,822,070
2,538, 588
2,334,654
2,109,008
1,857,424
1,753,694
1,729,215
1,835,487
2,053,761
2,102,933
2,288,962
2,558,776
2,677,998
2,895,929
3,348,420
3,486,967
4,144,714
4,770,796
1
Includes reserve balances and cash items in process of collection.
23 Includes capital notes and debentures in banks other than national.
Includes reserve accounts.
4
Not called for separately. Included with "Balances with other banks."
Total assets
Capital 2
70,110,711
68,077, 758
70, 833, 599
77, 575,257
85, 571, 902
91,453, 694
109,542,577
128,121,978
152, 947,184
178,351,075
169,406,362
176,024,102
176,075,430
180,043,113
192,240,673
203,862,623
214,830,603
221,132,803
232,684,756
243,105,011
251,965,327
259,187, 519
3,293,014
3, 223,110
3,192,493
3,125, 524
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
4,428,194
4, 706, 970
5,007,583
5,308,140
Surplus
and
undivided
profits 3
Total deposits
4,849,310
4,949,834
5,016,435
5,169,647
5,339,039
5,460,776
5,619,637
6,034,091
6,640,166
7,424,243
8,138,479
8,654,798
9,130,608
9,616,859
10, 245,616
10,866,262
11,437,192
12,035,657
12,936,050
13,503,336
14,342,869
15,228,280
61,155,014
59,109, 903
61,907, 761
68,566,043
76,407,885
82,233,260
100,265,638
118,336,126
142,310,824
166,530,093
156, 801,396
162, 728, 682
162,041,389
165,244,044
176,120,158
186,603,665
196,431,356
201,978, 297
212,030,341
221,391,573
228, 578,958
234,178,092
Bills payable and
rediscounts,
etc.
57,247
50,816
36,612
25, 551
25,060
22, 593
18,638
51,650
125,624
227,150
48,403
74,614
64,320
27,195
94,607
44,008
196, 234
32,915
174,195
88, 202
97,990
Other
liabilities
3
756,126
744, 095
688,492
729,399
702, 704
653, 273
688, 511
817, 620
982, 221
1,118,615
1,223, 408
1,415, 918
1,606,284
2,110,043
2,508,682
2, 749,025
2,878,339
3, 257, 256
3,328,937
3, 947,715
4,375,017
Backfigures.—Seereference in heading of table 46, p. 190, in 1953 annual report, to
reports containing figures since 1834. (Comparable figures for years prior to 1936 covered June 30 only.)
NOTE,—Reciprocal interbank demand balances with banks in the United States are
reported net beginning with the year 1942.
o
o
W
d
g
TABLE NO. 50.—Assets and liabilities of all active national banks, Dec. 31, 1936 to 1957
[Amounts in thousands of dollars]
Number
of banks
1936.
1937
1938.
1939
1940
1941
1942
1943 . .
1944
1945
1946
1947...
1948
1949 . .
1950
1951 _ . .
1952
1953
1954
1955
1956
1957
—
._-
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
4,796
4,700
4,659
4,627
Loans and U. S. Government
discounts,
including obligations,
overdrafts direct and
guaranteed
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
39,827,678
43, 559, 726
48,248,332
50, 502,277
1
8,685,554
8,072,882
8,705,959
9,073,935
9, 752, 605
12,073,052
23, 825,351
34,178,555
43,478, 789
51,467, 706
41, 843, 532
38, 825,435
34, 980,263
38,270, 523
35,691,560
35,156,343
35,936,442
35,588, 763
39, 506, 999
33,690,806
31,680,085
31,338,076
Other
bonds,
stocks,
and
securities
4, 094,490
3, 690,122
3,753,234
3, 737,641
3,915,435
3,814,456
3,657,437
3,325, 698
3,543,540
4,143, 903
4, 799, 284
5,184,531
5,248,090
5,937,227
7,331,063
7,887, 274
8,355,843
8, 621,470
9,425,259
9,166, 524
8,823,307
9,643,633
Cash
518, 503
422, 490
555,304
615, 698
718, 799
786, 501
733,499
807, 969
904, 500
1,008, 644
1,094,721
1,168, 042
1,040, 763
1,059, 663
1,147,069
1,418, 564
1,446,134
1,292, 254
1, 279,171
1,388, 250
1,706, 507
1,734, 533
Balances
with other
banks*
8,462, 578
8,128,003
9,151,105
11,887,915
14, 401,268
14, 215,429
15, 516,771
15, 272, 695
16,732, 749
19,170,145
18, 972,446
20, 907, 548
21,983,506
19, 985, 295
22,666,366
24, 593, 594
24,953,269
25,253,264
24,442, 726
24,375,190
25,375, 990
25,130,601
Includes reserve balances and cash items in process of collection.
Includes reserve accounts.
Back figures.—See reference in heading of table 47, p. 191, in 1953 annual report, to
reports containing figures since 1863.
2
Other
assets
1,032,327
977,186
1,011,455
960,436
918,082
897,004
847,122
813,468
792,479
797,316
830, 513
1,063,917
1,058,178
1,126, 555
1,259,008
1,321,382
1,416,802
1,668, 736
1,569, 791
1, 867,761
2,173, 520
Total assets
31,064,662
30,104,230
31,666,177
35,319, 257
39, 733,962
43,538,234
54, 780,978
64, 531,917
76, 949, 859
90, 535, 756
84, 850, 263
88,447,000
88,135,052
90,239,179
97,240, 093
102,738, 560
108,132, 743
110,116,699
116,150, 569
113, 750, 287
117, 701,982
120, 522,640
Capital
1, 598,815
1,577,831
1, 570,622
1,532,903
1,527,237
1, 515,794
1,503,682
1, 531,515
1, 566, 905
1,658,839
1,756,621
1, 779, 766
1,828, 759
1,916,340
2,001,650
2,105,345
2, 224,852
2,301,757
2,485,844
2,472,624
2,638,108
2,806,213
Surplus
and
undivided
profits 2
1, 572,195
1,666,367
1,757,522
1,872,215
2,009,161
2,133,305
2,234,673
2,427,927
2,707,960
2,996,898
3,393,178
3,641, 558
3,842,129
4,018,001
4,327,339
4, 564, 773
4,834,369
5,107, 759
5,463,305
5,834,024
6,287,004
Total deposits
27,608,397
26, 540, 694
28,050, 676
31, 612,992
35, 852,424
39, 554, 772
50,648, 816
60,156,181
72,128,937
85,242,947
79,049, 839
82,275,356
81, 648,016
83,344,318
89, 529,632
94,431, 561
99,257,776
100, 947,233
106,145,813
104, 217, 989
107,494,823
109,436,311
Bills payable and
Other
redisliabilities
counts,
etc.
3,495
10,839
281,760
2,882
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
11,098
107, 796
18, 654
281,749
298,265
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
1,889,416
1,488,573
1,716,373
1,954,788
a
H
O
O
o1
t"1
tr
NOTE.—Reciprocal interbank demand balances with banks in the United States are
reported net beginning with the year 1942.
o
d
3
O
to
TABLE N O . 51.—Assets and liabilities of all active banks other than national, Dec. 81, 1936 to 1957
fcO
[Amounts in thousands of dollars]
Num-
ber of
banks
1936
1937
1938
1939
1940
1941
1942
1943
1944
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
10,373
10,197
10,035
9,903
9,806
9,762
9,635
9,575
9,548
9,575
9,620
9,744
9,738
9,724
9,701
9,690
9,680
9,674
9,592
9,565
9,529
9,476
Loans and U. S. GovOther
discounts, ernment
bonds,
including obligations, stocks,
and
overdrafts direct and
guaranteed securities
13,342,118
13, 529, 332
13,046, 286
13,331,068
13, 939, 703
15,086, 573
13,800,348
13, 541,007
14, 603,837
16, 518,825
18, 513,101
21, 750, 679
24, 634, 230
25,899,869
31, 433,666
35, 577,189
39,809,130
42,976,009
46, 230, 594
57,015, 459
62, 383,679
65, 257, 505
8,811, 505
8, 587,186
9, 296,083
10, 373, 529
11, 276,193
13, 480, 757
22, 233, 760
32,080, 829
42, 935, 966
50, 436, 367
45, 249, 985
42, 811, 503
39, 482, 290
40, 483,150
37, 496, 657
36, 438, 744
37,074, 393
37, 283, 703
38, 497,065
36, 618, 885
35,115,196
34, 728, 048
6,606, 415
6,138,862
5, 911,021
5, 610, 520
5, 584,341
5, 221,081
4, 654,812
4,141,164
4,052, 665
4, 467, 757
4, 743, 937
5, 575,867
6, 222, 758
6, 745,324
7, 485,482
8,103,902
9,093, 248
9, 831,174
11,094, 497
11, 587, 513
11, 733, 281
13, 408,180
Cash
507,083
485,381
(3)
580,841
688, 565
758, 517
730, 337
804, 283
896,870
1,016,444
1,127,072
1, 224,928
1,104, 393
1,125. 593
1,195,995
1, 471,857
1, 492, 545
1, 398, 222
1, 377, 957
1,484, 989
1, 747, 969
1, 798, 368
Balances
with other
banksl
7, 409,090
6, 937,959
8, 667, 235
10, 310,020
12,445,150
11, 726,948
11,854,810
11, 727, 238
12,443,042
14,419, 548
14,023,302
15, 259, 625
15, 506, 863
14, 505, 243
16,226,373
18, 232,603
17,871,928
18,047,869
17, 654,390
20, 730, 702
21,006, 267
20,875,502
1
Includes reserve balances and cash items in process of collection.
2 Includes reserve accounts.
Not called for separately. Included with "Balances with other banks."
3
Other
assets
Total
assets
2, 369, 838
2, 294, 808
2, 246, 797
2,050,022
1, 903, 988
1, 641, 584
1, 487, 532
1, 295, 540
1,064, 945
956, 378
898, 702
954,500
989, 844
1,044, 755
1,162. 407
1, 299, 768
1, 356, 616
1, 479,127
1, 679, 684
1,917,176
2, 276,953
2, 597, 276
39,046,049
37,973, 528
39,167, 422
42, 256,000
45,837,940
47,915, 460
54, 761, 599
63, 590,061
75,997, 325
87,815, 319
84, 556,099
87, 577,102
87,940, 378
89,803, 934
95,000. 580
101,124,063
106, 697,860
111, 016,104
116,534,187
129,354, 724
134, 263, 345
138, 664,879
Capital
stock
Capital
notes
and
debentures
1, 489,354
1, 471, 533
1, 459,015
1, 450,873
1, 420,148
1, 410, 373
1,382, 507
1, 389, 943
1, 403, 725
1, 456, 449
1, 475,054
1, 500,807
1, 546,005
1, 583, 954
1, 621, 492
1, 695, 205
1, 745, 470
1, 828, 615
1, 896, 592
2,183,182
2, 319,177
2, 452, 897
204,845
173,746
162,856
141, 748
123,134
108,194
99,202
90,142
82, 320
72,080
67, 794
62,027
48, 431
48, 437
47,107
39,456
46, 474
43, 335
45, 758
51,164
50,298
49,030
Surplus
and
undivided
profits 2
3,277,115
3, 283, 467
3, 258,913
3, 297, 432
3,329,878
3,327, 471
3, 384, 964
3, 606,164
3,932, 206
4, 427,345
4,745,301
5,013, 240
5, 288, 479
5, 598,858
5,918, 277
6,301,489
6, 602,823
6,927,898
7, 317, 652
8,040,031
8, 508,845
8,941, 276
Total
deposits
Bills payable and
redis-
33, 546, 617
32, 569, 209
33,857,085
36,953,051
40, 555, 461
42, 678, 488
49, 616.822
58,179,945
70,181,887
81, 287,146
77,751, 557
80, 453, 326
80,393, 373
81,899, 726
86. 590, 526
92,172,104
97,173. 580
101,031,064
105,884, 528
117,173, 584
121,084,135
124, 741, 781
53, 752
39,977
31,004
22, 669
21, 933
18, 815
15,122
43, 495
71,444
149,181
28, 356
29, 479
22,990
19, 633
17,963
28, 524
120, 313
51, 952
21, 817
66, 399
69, 548
59, 666
counts,
etc.
Other
liabilities
474,366
435, 596
398,54S
390, 227
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
1, 367,840
1,840,364
2, 231,342
2, 420, 229
NOTE.—Reciprocal interbank demand balances with banks in the United States
are reported net beginning with the year 1942.
Backfigures.—Seereference in heading of table 48, p. 192, in 1953 annual report, to
reports containing figures since 1834. (Comparable figures for years prior to 1936
covered June 30 only.)
d
O
o
o
o
g
o
F
F
d
REPORT OF THE COMPTROLLER OF THE CURRENCY
217
TABLE NO. 52—Summary of results of liquidation of all national banks1 placed in
charge of receivers from the date of the first national bank failure, Apr. 14, 1865,
to Dec. 31, 195710
Receiverships completely liquidated
and finally closed
Total
Number of receiverships
-- - -
-
Total assets taken charge of by receivers
$3,744,487,469
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
Disposition of collections:
Dividends paid by receivers to unsecured creditors
(including dividends paid to secured creditors for 815
banks completely liquidated to Oct. 31, 1929)
Dividends paid by receivers to secured creditors (unavailable as separate item for 815 banks completely
liquidated to Oct. 31,1929)_.
Distributions by conservators to unsecured creditors
Distributions by conservators to secured creditors
Payments to secured and preferred creditors (including
disbursements for the protection of assets for 597 banks
completely liquidated to Oct. 31, 1926)
Offsets allowed and settled (against liabilities)
Disbursements for the protection of assets (unavailable
as separate item for 597 banks completely liquidated
to Oct. 31, 1926) --- - - - - „
___ _ ._
Payments of receivers' salaries, legal and other expenses.
Payments of conservators' salaries, legal and other expenses
-Amounts returned to shareholders in cash
Cash balances in hands of Comptroller and receivers
Total
-
See footnotes at end of table.
_
3 2,822
--
District of
Columbia
nonnational
banks 2
U5
National
banks
5
2,807
$27,143,017 $3,717,344,452
2,220,756,553
254,007,887
18,624,923
2,089,895
2,202,131,630
251,917,992
1,226,881,974
42, 786,982
6 54,073
6,401, 713
26,486
1,220,480,261
42, 760,496
6 54,073
3,744,487,469
27,143,017
3,717,344,452
2,220,756,553
179, 773,344
18,624,923
619,261
2,202,131,630
179,154,083
163,800,514
254,007,887
1,429,275
2,089,895
162,371,239
251,917,992
2,818,571,947
22,763,354
2,795,808,593
1,416,596,686
10,893,071
1,405, 703,615
34,624,491
209,124,039
1,372,006
35,202
2,838,102
10, 750
34,589,289
206, 285,937
1,361,256
705,913, 688
254,007,887
4,901,281
2,089,895
701,012,407
251,917,992
8,068,166
170,226,845
18,839
1, 767,254
8,049,327
168,459,591
11,016,322
7,600,970
9
20,847
201,010
7,950
10,815,312
7,593,020
9 20,847
2,818,571,947
22,763,354
2,795,808,593
233,649
233,649
218
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 52—Summary of results of liquidation of all national banks1 placed in
charge of receivers from the date of the first national bank failure, Apr. 14,
1865, to Dec. 31, 1957™—Continued
Receiverships completely liquidated
and finally closed
District of
Columbia
nonnational
banks 2
Total
1402,912,595
National
banks
8
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
329,073,807
2,378,540,723
1,912,920
19,147,196
176,392,631
170,552,785
327,160,887
2,359,393,527
515,478,134
5,194,938
510,283,196
97,187, 693
2,126,785,373
809,871
17,850,201
96,377,822
2,108,935,172
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
78.13
77.18
78.14
87.64
82.57
87.69
6.72
8.73
6.70
8 2,352,920
176,392,631
400,559,675
176,392,631
1 Including District of Columbia nonnational banks and building and loan associations.
Including building and loan associations.
Does not include 159 banks restored to solvency.
*5 Does not Include 1 bank restored to solvency.
Does not include 158 banks restored to solvency.
6
Cash and uncollected assets on hand at date of termination of supervision of liquidation by Comptroller
of the Currency (Poultney National Bank, Poultney, Vt.).
7 Includes $23,100,000 capital stock of 159 banks restored to solvency,
s Includes $50,000 capital stock of 1 bank restored to solvency.
• Including $23,050,000 capital stock of 158 banks restored to solvency.
1° Does not include 4 banks placed in receivership subsequent to the Federal Deposit Insurance Act of
1950 (Public Law 797) approved Sept. 21,1950.
2
3
TABLE NO. 53.—Number and deposits of national and District of Columbia nonnational banks 1 placed in receivership,
period Apr. 14, 1865
to Dec. 81, 1957, by groups according to percentages of dividends paid to Dec. 81, 1957 8
Liquidation banks
Periods and bank groups
Dividends paid,
100 percent and
over
Number of
banks
Receiverships completely liquidated
and finally closed or restored to
solvency, 1865 to 1956 (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. 1, 1931, to Oct. 31, 1932
Nov. 1, 1932, to Oct. 31, 1933
Nov. 1, 1933, to Oct. 31, 1934
Nov. 1, 1934, to Oct. 31, 1935
Nov. 1, 1935, to Oct. 31, 1936
Nov. 1, 1936, to Oct. 31, 1937
Nov. 1, 1937, to Oct. 31, 1938
Nov. 1, 1938, to Oct. 31, 1939
Nov. 1, 1939, to Oct. 31, 1940
Nov. 1, 1940, to Oct. 31, 1941
Nov. 1, 1941, to Dec. 31, 1942
Jan. 1, 1943, to Dec. 31, 1943
Jan. 1, 1944, to Dec. 31, 1944
Jan. 1, 1945, to Dec. 31, 1945
Jan 1, 1946, to Dec. 31, 1946
Jan 1 1947 to Dec 31, 1947
Jan. 1, 1948, to Dec. 31, 1948
Jan 1 1949 to Dec 31, 1949
Jan. 1, 1950, to Dec. 31, 1950
Jan 1 1951 to Dec 31, 1951
Jan. 1, 1952, to Dec. 31, 1952 _
Jan. 1, 1953, to Dec. 31, 1953
See footnotes at end of table.
Deposits
Dividends paid,
75 to 99.9 percent
Number of
banks
Deposits
Dividends paid,
50 to 74.9 percent
Number of
banks
Deposits
208 $77,296,606
163 $64,572,547
211 $66, 952,690
1,994,080
6
11 15,873,316
4,412,925
8
4,431,721
8
5,083,636
28
40 14, 723,916
86 50,715,003
4 76 33, 477,651
26 20,910,457
19 17,397,983
6
7 18,147,843
14 77,234,820
6 16,260,257
3 412,269,316
1, 796,607
1
5,323,140
16
5, 549, 989
16
5,826,514
13
8, 517,835
18
29 11,801,668
46 12,246,387
80 38,690, 969
110 54,346,379
61 58, 631,031
36 43, 639,246
39 68, 673,118
46 248, 608,395
8 75,837,758
4,613, 782
1
2, 390,914
2
616,710
2
1 26,966,990
421,461
1
2,015,717
1
22
33
21
17
34
56
85
106
42
38
M2
26
8
5
8,334,115
14,038,797
9,692,212
10,532,532
13,854,445
18,483,929
38,027,988
56,203,459
32,056,684
43,319,262
76,497, 725
72,320,682
39,828,007
28, 787,475
1
1
1
183,818
305,253
2,299,269
1
1,204,158
2
5,058,728
Dividends paid,
25 to 49.9 percent
Number of
banks
Deposits
156 $45,465,025
29
27
15
8
30
43
3 51
48
21
15
M0
14
5
1
1
8,497,657
10,027,603
6,902,413
1,451,334
9,062,628
12, 556,918
19, 594, 780
16,991,046
10,103,204
9,332,899
10,540, 731
52,025,720
24,606,118
141,119
Dividends paid,
less than 25 percent
Number of
banks
Deposits
Total banks
Number of
banks
Deposits
Restored Total
all
to solvency banks
banks 2
Num- Number of ber of
banks 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
1,944,442
91
97
69
64
152
214
340
364
159
112
102
104
30
10
4
2
2
3
2
2
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
158,476,582
445,811,692
4,187, 521
616,710
27,150,808
1,930,872
4,314,986
5,058,728
8
25
9
28
11
1
99
122
78
92
163
215
340
364
159
112
102
104
30
10
4
2
2
3
2
2
18
10
12
13
31
29
38
24
9
4
4
4
3
1
1
1
to
CO
TABLE N O . 53.—Number and deposits of national and District of Columbia nonnational banks l placed in receivership,
period Apr. 1M, 1865
to Dec. 81, 1957, by groups according to percentages of dividends paid to Dec. 31, 1957 8—Continued
Liquidation banks
Periods and bank groups
Dividends paid,
100 percent and
over
Number of
banks
Receiverships completely liquidated
and finally closed or restored to
solvency, 1865 to 1956—Continued
Jan. 1, 1954, to Dec. 31, 1954.
Jan. 1, 1955, to Dec 31, 1955
Jan. 1, 1956, to Dec. 31, 1956
Jan. 1, 1957, to Dec. 31, 1957
Deposits
Dividends paid,
75 to 99.9 percent
Number of
banks
Deposits
Dividends paid,
50 to 74.9 percent
Number of
banks
Deposits
Dividends paid,
25 to 49.9 percent
Number of
banks
Deposits
Dividends paid,
less than 25 percent
Number of
banks
Deposits
Total banks
Number of
banks
Deposits
Restored Total
to sol- all
vency banks
banks 2
Num- Number of ber of
banks banks
o
8
1
4,165,850
1
1
4,165,850
343 705,158,267
526 674, 718,003
538 464, 765,652
318 191,834,170
200
56, 948,864
1,925 2,093,424, 956
82
2,007
Grand total (2,981 banks)
551 782,454,873
689 739,290, 550
749 531,718,342
474 237,299,195
359
87,777,763
2,822 2,378,540,723
159
2,981
Including building and loan associations.
Deposits for banks restored to solvency unavailable.
s 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.
4
Exclusive of 1 receivership finally closed during year ended Oct. 31, 1933, but reopened
as a receivership and again closed during the year ended Oct. 31, 1938.
6
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.
o
M
Total 1931-57 (2,007 banks)
Active receiverships as of Dec. 31,
1957 (None)
1
2
to
to
o
e 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
the7 year ended Oct. 31, 1941.
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.)
8
Does not include 4 banks placed hi receivership subsequent to the Federal Deposit
Insurance Act of 1950 (Public Law 797) approved Sept. 21, 1950.
I
o
REPORT OF THE COMPTROLLER OF THE CURRENCY
221
TABLE NO. 54.—-National bank receivership completely liquidated and finally closed,
during the year ended Dec. 31, 1957
Name of bank: Salt Springs National Bank, Syracuse, New York 1
Charter number
Date of organization
Date receiver appointed
Capital stock at date of failure
Claims proved (both secured and unsecured)
(Liquidation No. 2697)
1287
May 20, 1865
Jan. 22, 1934
$800, 000
$3, 638, 886
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
311,012
800, 000
Total assets and stock assessments
7, 476, 148
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
4, 586, 277
286, 346
506, 461
1, 803, 525
293, 539
Total disposition of assets and assessments
7, 476, 148
Progress of liquidation to date of this report:
Cash collections from assets
4, 586, 277
Cash collections from stock assessments
506, 461
Receivership earnings, cash collections from interest, premium,
rent, etc
562,004
Offsets allowed and settled
286, 346
Total collections from all sources, including offsets allowed
5, 941, 088
Disposition of proceeds of liquidation:
Dividends paid by receivers on secured claims
Dividends paid by receivers on unsecured claims
3, 702, 689
Secured and preferred liabilities paid except through dividends,
including offsets allowed
1, 737, 141
Cash advanced in protection of assets
13,084
Conservator's salary, legal and other expenses
45, 597
Receivers' salaries, legal and other expenses
442, 577
Cash in hands of Comptroller and receiver
Total disposition of proceeds of liquidation
5, 941, 088
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
Date finally closed__
i Formerly in conservatorship.
467548—58
15
__.
101. 20
100. 88
8. 44
Dec. 30,1957
222
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 55.—National bank placed in charge of receiver during year ended Dec,
Sly 1957
Name of bank: Del Rio National Bank, Del Rio, Texas 1
Charter number
Date of organization
Date receiver appointed
Capital stock at date of failure
Deposits at date of failure
i Restored to solvency July 2,1957.
(Receivership No. 2969)
7433
Sept. 29, 1904
June 20, 1957
$250, 000
$10, 451, 000
TABLE NO. 56.—Bank suspensions since inauguration of Federal deposit insurance, years ended Dec. 81, 1934 to 1957
Deposits (in thousands of dollars)
Capital stock (in thousands of dollars) i
Number
Year ended
Dec. 31—
1934
1935
1936
1937
1938
1939
1940
1941
1942
1943
1944
National
1
4
1
3
1
4
1
4
State
2
1
3
2
Insured
Noninsured
8
22
40
47
47
25
18
3
6
2
48
3
banks
National
3,822
1,518
1,961
3,435
2,467
5,309
1,587
496
327
708
32
25
405
88
685
25
220
82
360
44
14 2
16 1
19 1
20 1
364
25
8
671
25
3,600
650
Insured
416
633
1,678
2,004
2,052
1,204
1,452
118
272
58
32
Noninsured
3,381
480
195
75
365
285
53
18
55
•1
72
io 2
12 1
15 2
227
5 059
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
4,606
6,520
10, 451
1,163
5,225
227,474
41,183
47,189
75
280
250
35
104
23, 747
3,145
4,531
10, 846
1,708
211
24,629
Insured
20
18
18 1
211
13 2
42
5,399
524
3,825
36
1,323
257
3,141
State
2,443
42
3,113
135
390
1,950
120
52
750
45
140
550
303
37
550
25
65
250
36,939
10,101
11,323
16,169
13,837
34,980
5,944
3,723
1,702
6 300
405
National
2,443
42
3,113
1,414
44,802
2,880
6,498
11,823
12, 869
120
15
200
Nonmember banks
167
125
"1
Member banks
All
banks
167
125
83
81
Includes capital notes and debentures, if any, outstanding at date of suspension.
Located in the State of Indiana.
3 Private bank located in the State of Georgia.
< Comprises 2 private banks (without capital) in the State of Georgia having total
deposits of $190,000; and 2 banks in the State of Texas—a commercial bank with capital
of $50,000 and total deposits of $1,007,000 and a private bank with capital of $75,000
and total deposits of $1,246,000.
fi
Private bank located in the State of Georgia.
6
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 7$110,000 and total deposits of $2,876,000.
Comprises a commercial bank in the State of Arkansas with capital of $25,000 and
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 Commercial bank located in the State of Georgia.
9
Commercial bank located in the State of Illinois.
10
Commercial banks located in the State of Illinois.
112 Commercial bank located in the State of Colorado.
1 Commercial bank located in the State of Kentucky.
State
Nonmember banks
31
4
1
3
3
4
3
4
3
3
1
2
8
3
6
7
10
3
1
21
1
Total
Member banks
All
57
34
44
58
56
42
22
8
9
4
1
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
Nonmember banks
Member banks
All
banks
20
19,478
1,279
24,934
930
1,892
4,703
86, 951
600
1,255
52,151
i3 Comprises a private bank in the State of Georgia (capital and deposit figures not
available); and a commercial bank in the State of Kansas with capital of $20,000 and
total deposits of $1,950,000.
K Comprises 1 bank in the State of California with capital of $50,000 and total
deposits of $3,714,000; and 1 bank in the State of Texas with capital of $25,000 and
total deposits of $892,000.
is Commercial banks in the State of Idaho.
is7 Located in the State of New York.
1 Commercial bank located in the State of Texas.
is
Commercial bank located in the State of Kansas.
18
Located in the State of Texas.
20 Located in the State of Texas.
21 Private bank located in the State of Texas.
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.
Sd
o
o
o
o
§
IS
CO
INDEX
Page
Affiliates of national banks, number reporting as of December 31, 1957
44
All banks (see also Banks; Mutual savings banks; National banks; Private
banks; State commercial banks):
Assets and liabilities of:
Comparison of, December 31, 1956 and 1957
41-43
December 31, 1957, by classes of banks in each State
170-209
December 31, 1957, summary by classes of banks
168-169
December 31, 1936-57
214
Distribution of, December 31, 1957
1
Per capita demand and time deposits of individuals, partnerships, and
corporations in, December 31, 1957, by States
210-211
Suspensions. (See Failures of banks.)
Assessments: Upon shareholders of insolvent national banks
218, 221
Assets and liabilities of banks:
All banks:
Comparison of, December 31, 1956 and 1957
.
41-43
December 31, 1957, by States
170-177
December 31, 1957, summary by classes of banks
168-169
December 31, 1936-57
214
National banks:
Call dates in 1957, summary and by States
36-37, 77-128
December 31, 1957, by States
178-185
December 31, 1936-57
215
Principal items of, according to size of banks (deposits), December
31, 1956 and 1957
69
State banks (see also District of Columbia):
All banks combined:
December 31, 1957, summary and by States
16&-169, 186-193
December 31, 1936-57
216
Mutual savings: December 31, 1957, summary and by States. 168-169,
202-205
Private: December 31, 1957, summary and by States. 168-169, 206-209
State commercial: December 31, 1957, summary and by
States
168-169, 194-201
Bank currency. (See Federal Reserve notes; National bank circulation.)
Bank examinations. (See Examinations conducted.)
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, 1957
1
Insured and uninsured, December 31, 1957
1
Member banks of Federal Reserve System, December 31, 1957. _
1
Number of:
December 31, 1957, by States
170-171
December 31, 1936-57
214
Suspensions. (See Failures of banks.)
225
226
INDEX
Banks—Continued
P age
Insured commercial banks: Number of, December 31, 1957, by
classes
.
1
National banks:
Branches. (See Branches.)
"Calls" for reports of condition of, dates, 1914-57
73
Examination of. (See Examinations conducted.)
Failures. (See Failures of banks.)
Number of:
Call dates in 1957
36
Call dates in 1957, by States
77-128
December 31, 1957, by States
178-179
December 31, 1936-57
215
Nonmember banks of Federal Reserve System, December
31, 1957
1
With surplus fund equal to or exceeding common capital
stock 1942-57
72
With surplus fund less than common capital stock 1942-57__
72
Number of banking units in relation to population at the end of 1957. _ 19-20
Number of banks which have been absorbed since 1950
25
Number of national and State commercial banking units in operation
in United States and possessions at end of 1957
19-20
State and private banks:
Number of:
December 31, 1957, by States
186-187, 194-195, 202, 206
December 31, 1936-57
216
Supervisors of, name and title of in each State, December 31,
1957
212-213
Suspensions. (See Failures of banks.)
Uninsured, December 31, 1957
1
Bank suspensions. (See Failures of banks.)
Borrowings. (See Assets and liabilities of banks.)
Branches:
National banks:
Domestic:
Facilities connected with an authorized office of a national
bank, not considered branches within meaning of section
5155, U. S. R. S
20-21
Number and class of, closed in year 1957
68
Number authorized and closed in year 1957, by States
1718, 63-67, 68
Number of branches operated in United States and possessions, as of December 31, 1957
17-18
Foreign:
Location and summary of assets and liabilities of, December
31, 1957
155,156
Number in operation December 31, 1957
156
Limited banking facilities authorized by several States
19
Statements relative to
17-21
"Calls" for reports of condition of national banks, dates of 1914-57
73
Capital accounts. (See Assets and liabilities of banks; Earnings, expenses,
and dividends of national banks: Ratios.)
INDEX
227
Capital stock of banks:
All banks:
Page
December 31, 1957, by States
172-173, 176-177
December 31, 1936-57
214
National banks:
By size of banks (deposits), December 31, 1956 and 1957
69
Call dates in 1957, by States
77-128
Chartered in each State, in year 1957
53
December 31, 1957, by States
180-181, 184-185
December 31, 1936-57
215
Failed banks in charge of receiver, in year 1957
218, 221, 222
Incident to consolidations with State and national banks, in year
1957
55,56,57-60
Increase during 1957 and since 1948
11,40-41
Liquidated banks, in year 1957
40-41, 54
Preferred stock:
Retirable value of, on call dates in 1957
37
Total outstanding, December 31, 1957
40-41
State and private banks:
December 31, 1957, by classes of banks and by States
169,
192-193, 200-201, 207
December 31, 1936-57
.
216
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
50
Deputy Comptrollers, names of, since organization of the Bureau and
periods of service
50
Examinations conducted
29-32
Expenses of, in year 1957
35
Issue and redemption of notes
44
Liquidation of insolvent national banks
26-27
Organization and staff
32-34
Personnel
32-34
Condition of banks. (See Assets and liabilities of banks.)
Consolidations and mergers of banks:
Number and total resources, National and State-wise, 1950-57
25
Under act November 7, 1918, as amended:
Consolidations under sections 1, 2, and 3:
List of, in year 1957
57-60
Number of in each State
51-52
Mergers under sections 4 and 5:
List of, in year 1957
61-62
Number of in each State
51-52
Statements relative to
24-25, 40-41
228
INDEX
Consolidations and mergers of banks—Continued
Under Public Law 706, August 17, 1950:
Pag©
List of, in year 1957
55
Number of in each State
51-52
Statements relative to
24-25, 40-41
Conversions of banks:
Number and total resources, National and State-wise, 1950-57
25
Under Public Law 706, August 17, 1950:
List of, in year 1957
56
Number of in each State
51-52
Statements relative to
24-25, 40-41
Demand deposits. (See Deposits.)
Deposits (see also Assets and liabilities of banks):
All active banks, December 31, 1936-57
214
Demand and time in all active banks, by classes in each State, December 31, 1957
176-177,184-185,200-201,205,209
Interest rate paid on time and savings, by national banks, years
1955-57
3
National banks, at date of failure
218, 221, 222
Per capita demand and time of individuals, partnerships, and corporations in all active banks, December 31, 1957, by States
210-211
Postal savings:
In all banks, December 31, 1957, by States
176-177
In each class of banks, December 31, 1957, by States.- 184-185, 200-201
In national banks, call dates in 1957, by States
77-128
Savings in national banks:
Number of accounts and amount of deposits as of June call date
1941, 1945, and 1957
3
Number of accounts and amount of deposits June 6, 1957, by
States
70-71
Size of national banks, according to, December 31, 1956 and 1957
69
Suspended banks. (See Failures of banks.)
United States Government:
In all banks, December 31, 1957, by States
176-177
In each class of banks, December 31, 1957, by States
184185, 200-201, 205, 209
In national banks, call dates in 1957, by States
77-128
District of Columbia:
Assets and liabilities of all banks in, by classes:
Call dates in 1957
85, 159, 160
December 31, 1957
157-158
Earnings, expenses, and dividends of banks in:
Losses charged off on loans and securities:
Years 1938-57
. 164-165, 166-167
Years 1956 and 1957, by classes of banks
.
161-162
Ratios:
Years 1938-57
164-165, 166-167
Years 1956 and 1957, by classes of banks
162
Years 1956 and 1957, by classes of banks
161-162
Fiduciary activities of banks in, December 31, 1957
167
Receiverships of nonnational banks in
217-218
Reports required from banking associations in, year 1957
43-44
INDEX
229
Dividends. (See Earnings, expenses, and dividends of national banks;
Failures of banks.)
Earnings, expenses, and dividends of national banks:
Page
According to size of banks (deposits), year 1957
148-150
By Federal Reserve districts, year 1957
144-147
By States, year 1957
136-143
Losses charged off on loans and securities:
Years 1938-57
154
Year 1957, according to size of banks (deposits)
149-150
Ratios:
Dividends to capital stock and capital funds, years 1930-57
153
Net profits before dividends to capital stock and capital funds,
years 1930-57
153
Net earnings from current operations and net profits before dividends per $100 of deposits, year 1957,
150
Net earnings from current operations, net profits before dividends,
and cash dividends per $100 of capital funds, year 1957
150
Salaries and wages of officers and employees:
By size of banks (deposits), year 1957
148
Years 1955-57
151
Summary, years 1955-57
151-152
Trend in, since 1953
11-12
Employees. (See Comptroller of the Currency, Office of; Officers and
employees of national banks.)
Examinations conducted:
Basic purposes and procedures
29-31
Number in year 1957
32
Examiners and assistant examiners: Changes in number, in year 1957
32-33
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 1934-57
223
National banks:
Assessments against stockholders
218, 221
Banks in charge of receiver in year 1957
26-27, 221, 222
Capital at date of failure
218, 221, 222
Circulation outstanding at date of failure
218
Closed receiverships to December 31, 1957
26-27, 217-222
Costs of liquidation of receiverships terminated, _„
218, 221
Deposits at date of failure of banks in charge of receiver in year
1957
218,221,222
Dividends paid to creditors to December 31, 1957_ _ _ 217, 219-220, 221
Federal Deposit Insurance Corporation assumed full supervision
of liquidation of insolvent national banks under the Federal
Deposit Insurance Act of 1950, approved September 21, 1950__
27
Number, capital, and deposits: Since inauguration of Federal deposit insurance, years 1934-57
223
Number of, by States, since beginning of system
51-52
Receipts and disbursements of Division of Insolvent National
Banks to December 31, 1957
217-218,221
230
INDEX
Failures of banks—Continued
National banks—Continued
Page
Receivership liquidation to December 31, 1957
217-221
Receiverships terminated, 1865-1957
26-27, 217-218
State banks:
In District of Columbia to December 31, 1957
217-218
Number, capital, and deposits of: Since inauguration of Federal
deposit insurance, years 1934r-57
223
Federal Deposit Insurance Corporation (see also Failures of banks):
Classification of insured and uninsured banks, December 31, 1957
1
Federal Reserve notes: Issue and redemption of, in year 1957
44
Fiduciary activities of national banks:
By Federal Reserve districts, December 31, 1957
131
Classification of investments under administration segregated according to capital of banks, December 31, 1957
132
Comparative figures of activities, 1951-57
135
December 31, 1957, by States
132-135
December 31, 1957, segregated according to capital groups
129-130
Statement relative to
25-26
Foreign branches of national banks, location, and summary of assets and
liabilities of, December 31, 1957
155-156
Government bonds. (See Investments; United States Government securities.)
Holding company affiliates of national banks: Number of, December 31,
1957
...
44
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, 1957, by States
170-171
December 31, 1957, by classes of banks
168
December 31, 1936-57
214
National banks:
By size of banks (deposits), December 31, 1956 and 1957
69
Call dates in 1957, summary and by States
36, 77-128
December 31, 1957, by States
178-179
December 31, 1936-57
215
Losses charged off on:
According to size of banks (deposits), year 1957
149-150
Year 1957, by States and Federal Reserve districts
140141, 145-146
Years 1938-57
154
Summary classification by maturities in 1957
10
State and private banks: December 31, 1957, by classes of banks and
by States
168, 186-187, 194-195, 202, 206
Legislation enacted:
Public Law 85-199, approved Aug. 28, 1957, amended to require that
all directors of District of Columbia trust companies must be
citizens of the United States, and that two-thirds of directors
reside in the District of Columbia, or within 100 miles of location
of principal office of the company
28
INDEX
231
Legislation proposed:
Page
Comments relative to
27-28
Liabilities. (See Assets and liabilities of banks.)
Liquidation of national banks (see also Failures of banks):
Capital, date, and title of banks, in year 1957, with names of succeeding
banks in cases of succession
54
Number of banks, in each State, since beginning of system
51-52
Summary, in year 1957
40-41
Litigation involving Comptroller of Currency, pertaining to national banks_ 28-29
Loans and discounts of banks:
All banks:
December 31, 1957, classification of, by States
174-175
December 31, 1957, classification of, by classes of banks
168
December 31, 1936-57
214
Consumer debt, comments relative to
4
National banks:
By size of banks (deposits), December 31, 1956 and 1957
69
Call dates in 1957, summary and by States
36, 77-128
December 31, 1957, classification of, by States
182-183
December 31, 1936-57
215
Interest and discount earned on:
According to size of banks (deposits), year 1957
148
Year 1957, by States and Federal Reserve districts..- 136-137, 144
Years 1955-57
151
Losses charged off on:
According to size of banks (deposits), year 1957
149-150
Year 1957, by States and Federal Reserve districts
140141, 145-146
Years 1938-57
154
Real estate loans of:
December 31, 1957, by States
182-183
Statement relative to
3
Reserve for bad debt losses on
12-14
Reserve for bad debt losses on, maintained by all insured commercial
banks June 6, 1957
14
State and private banks: December 31, 1957, classification of, by
States
190-191, 198-199, 204, 208
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, 1957, by States
202-205
Insured, December 31, 1957
1,212-213
Uninsured, December 31, 1957
1,212-213
National bank circulation:
Outstanding at date of failure, and lawful money deposited to secure
circulation, of national banks in charge of receivers, 1865-1957
218
Outstanding, December 31, 1957
41
National bank examiners. (See Examiners and assistant examiners.)
National banks:
Affiliates of, number, December 31, 1957
44
232
INDEX
National banks—Continued
Assets and liabilities of:
Page
Call dates in 1957, by States
77-128
December 31, 1957, by States
178-185
Principal items of, according to size of banks (deposits), December
31, 1956 and 1957
69
Principal items of, December 31, 1936-57
215
Branches. (See Branches.)
By size of banks, on basis of deposits, December 31, 1956 and 1957-69
"Calls" for reports of condition of, dates, 1914r-57
73
Capital stock. (See Capital stock of banks.)
Charters granted, in year 1957
53
Consolidations. (See Consolidations and mergers of banks.)
Conversions to State banks, in year 1957, list of
56
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;
District of Columbia.)
Holding company affiliates of, number, December 31, 1957
44
Insolvent. (See Failures of banks.)
Investments. (See Investments of banks.)
Liquidation of, in year 1957
26-27, 40-41, 54
Loans and discounts. (See Loans and discounts of banks.)
Number of:
Call dates in year 1957, by States
77-128
Chartered and closed: Since February 25, 1863
51-52
December 31, 1936-57
215
In existence December 31, 1957, by States
51-52
With surplus fund equal to or exceeding common capital stock
1942-57
72
With surplus fund less than common capital stock 1942-57
72
Officers and employees, number and salaries of:
By size of banks (deposits), year 1957
148
Year 1957, by States and Federal Reserve districts
138-139, 144
Years 1955-57
151
Pension and welfare plans of
15-16
Purchases by other national banks, 1957
24
Purchases by State banks, 1957
24
Reports required from in year 1957
43
State banks purchased by, in year 1957, list of
56
Status of
1
I
1-16
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:
Average annual compensation of the five highest paid officers in banks
with deposits of less than $25 million
22-23
INDEX
233
Officers and employees of national banks—Continued
Number and salaries of:
Page
By size of banks (deposits), year 1957
148
Year 1957, by States and Federal Reserve districts
138-139, 144
Years 1955-57
151
Organization of national banks:
Charters granted, in year 1957, list of, by States
53
Charters granted which were conversions of State banks, in year 1957_ _ 24, 54
Charters granted which were conversions of State banks, 1950-57
25
Number of, by States, from February 25, 1863, to December 31, 1957__ 51-52
Number of, in 10-year period
22
Summary, in year 1957
21, 40-41
Per capita demand and time deposits of individuals, partnerships, and
corporations, in all active banks: December 31, 1957, by States
210-211
Personnel. (See Comptroller of the Currency, Office of.)
Population, United States, December 31, 1957, by States
170-171
Possessions:
Assets and liabilities of banks in:
All banks, December 31, 1957
170-177
Banks other than national, December 31, 1957
186-193
National banks, call dates in 1957
78,88,124
National banks, December 31, 1957
178-185
Earnings, expenses, and dividends of national banks in,'year 1957_ 136-143
Per capita demand and time deposits of individuals, partnerships, and
corporations, of all banks in, December 31, 1957
211
Postal savings. (See Deposits.)
Private banks:
Assets and liabilities of: December 31, 1957, by States
206-209
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 1957
43
Reserves for bad debt losses on loans:
Maintained by national banks December 31, 1957
12
Maintained by all insured commercial banks June 6, 1957
14
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 accounts in national banks:
Number as of June call date, 1941, 1945 and 1957
3
Number June 6, 1957, by States
70-71
Savings banks. (See Mutual savings banks.)
Savings deposits in national banks:
As of June call date, 1941, 1945 and 1957
3
June 6, 1957, by States
70-71
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,
1957
212-213
234
INDEX
Page
State banks purchased by national banks during the year 1957, list of
56
State commercial banks:
Assets and liabilities of, December 31, 1957, by States
19^-201
Insured, December 31, 1957
1, 212-213
Member banks of the Federal Reserve System, December 31,1957- 1, 212-213
Nonmember banks of the Federal Reserve System, December 31,
1957
1,212-213
Suspensions. (See Failures of banks.)
Uninsured, December 31, 1957
1, 212-213
Stock savings banks. (See State commercial banks.)
Supervisors of State banks, name and title of, in each State, December 31,
1957
212-213
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.)
Trends in banking
38
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, 1957, by States
170-171
December 31, 1957, by classes of banks
168
December 31, 1936-57
214
National banks:
By size of banks (deposits), December 31, 1956 and 1957
69
Call dates in 1957, by States
77-128
December 31, 1957, by States
178-179
December 31, 1936-57
215
State and private banks:
December 31, 1957, by States
186-187, 194-195, 202, 206
December 31, 1936-57
216
Voluntary liquidation of national banks. (See Liquidation of national
banks.)
U. S. GOVERNMENT PRINTING O F F I C E : 1 9 5 8
@FedFRASER