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AN NUAL REPORT OF TH E Superintendent of Banks R ELA TIV E TO SAVINGS BANKS, TRUST COMPANIES, INVESTMENT COMPANIES, SAFE DEPOSIT COMPANIES, PERSONAL LOAN COMPANIES AND PERSONAL LOAN BROKERS FOR THE YEAR 1915 T R A N S M IT T E D T O T H E L E G ISL A T U R E M A R C H 15, 1916 ALBANY J. B. L Y O N C O M P A N Y , P R I N T E R S 1916 State N of ew- Y ork N o. 39 IN S E N A T E M arc h 15, 1916 ANNUAL REPORT OP THE Superintendent of Banks, Relative to Savings Banks, Trust Companies, Investment Companies, Safe Deposit Companies, Personal Loan Companies and Personal Loan Brokers S T A T E OF N E W Y O R K B a n k in g D epa r tm e n t A l b a n y , March 15, 1916 To the Honorable the President of the Senate: S ir .— In accordance with the provisions of the Banking Law, I have the honor to transmit to the Legislature the annual report o f this Department relating to savings banks, trust companies, investment companies, safe deposit companies, personal loan com panies and personal loan brokers. Very respectfully yours, E U G E N E L A M B R IC H A R D S Superintendent of Banks REPORT To the Legislature: In accordance with the provisions o f the Banking Law, I hereby submit that portion o f the annual report of this department which relates to savings banks, trust companies, investment companies, safe deposit companies, personal loan companies and personal loan brokers. G en e r a l B a n k in g S itu a tio n It is gratifying to report that January 1, 1916, finds the bank ing institutions o f this State entirely recovered from the effects o f the depression which followed the outbreak o f the European war. From January 1, 1915, to January 1, 1916, the resources of trust companies, banks o f deposit and discount, savings banks, and safe deposit companies increased $999,338,018.42, their total resources on January 1, 1916, being $5,309,280,651.79. The sav ings and loan associations of the State show an increase in re sources o f over $4,000,000, thus making a total increase in re sources for the past year o f all institutions under the supervision o f this department o f over $1,000,000,000. Never before in the history o f the department have the institutions under its super vision shown such growth as at the present time. Tremendous increases are shown in surplus as well as deposits. As a medium o f investments, short time notes and commercial paper still con tinue to be attractive to the bankers, although long term bonds have within the past few months increased in favor. T h e T rust C o m pan ies Three new trust companies were chartered during the year, the Rome Trust Company, Livingston County Trust Company of Geneseo, and the St. Lawrence Trust Company at Ogdensburg. The last two institutions are in localities where no trust companies existed before. Two trust companies went out o f existence dur- [5] 6 A n n u a l R eport of tece ing the year, the Lawyers Title & Trust Company absorbing the Home Trust Company of Brooklyn, and the Chatham & Phenix National Bank taking over the Mutual Alliance Trust Company for liquidation. Eighty-two trust companies reported on Decem ber 31, 1915, total resources aggregating $2,532,892,786, a gain of $792,294,349, or about 4 5 ^ per cent for the year, and nearly $1,000,000,000 or 6 3 ^ per cent since December 1, 1913. In trac ing the development of the trust companies it is interesting to note that during the financial disturbances of 1907 their resources shrank from $1,365,245,430 to $1,012,747,930, a loss of $352,497,500. The following year (1908) these institutions more than recovered their loss. Erom January, 1909, to January, 1914, their resources varied in amounts keeping close to the $1,600,000,000 mark. During 1914 they increased to $1,740,000,000, and in 1915 jumped to $2,532,892,786, a total increase since 1907 o f $1,500,000,000, or about 150 per cent. Deposit liabilities totaled at the close of the year $2,200,577,111, an increase for the year o f $763,546,127. This increase is nearly $30,000,000 more than the entire deposit liabilities of the 85 trust companies reporting to the Superintendent of Banks on January 1, 1908. This large increase in deposits is offset by in creases in loans and discounts o f $357,741,619; cash on hand, $45,764,964; due from banks and trust companies, $240,741,585, and in stock and bond investments, $115,003,630. Nearly the entire increase in loans and discounts is secured by collateral other than real estate. The three trust companies organized during the year had a com bined capital o f $300,000, while increases in capital of four other trust companies aggregated $650,000, making a total new capital o f $950,000. During the same period one trust company having a capital o f $750,000 was merged with another trust company, its capital being eliminated in the process. Another trust company hav ing a capital o f $1,000,000 sold its business to a national bank and went into voluntary liquidation, so that there was a net loss in trust company capital for the year o f $800,000. Surplus, including all undivided profits based upon market values, has shown an increase o f $14,192,818, as compared with a loss of $12,389,759 during the previous year. This change was due to S u p e r in te n d e n t of B a n k s 7 a large extent to the increase in security values. The ratio of capital, surplus and undivided profits to aggregate deposits was 11.6 per cent at the close o f 1915, as compared with 11.3 per cent at the close of 1914, a truly remarkable record for the margin of safety when the large increase in deposits is taken into account. T rust C o m p a n y S ta tistic s Following is a summarized statement of resources and liabili ties of the trust companies reporting to the Banking Department on the dates specified during the past three yeats: R esources Stock and bond investments, viz.: Public securities, market value.................... Private securities, market value................... Real estate owned................................................. Mortgages owned.................................................. Loans and discounts secured by bond and mortgage, deed or other real estate collateral.......... Loans and discounts secured by other collateral.. Loans, discounts and bills purchased not secured by collateral....................................................... Overdrafts.............................................................. Due from trust companies, banks and bankers. . Specie..................................................................... United States legal tender notes and notes of national banks................................................... Cash items, viz.: bills and checks for next day’s clearings; other cash items............................... December 9, 1913 December 24, 1914 $82,661,760 313,875,811 40,932,080 93,032,052 $96,258,534 340,511,568 42,245,370 94,302,392 $152,415,058 399,358,674 42,876,395 90,227,621 14,443,270 506,365,342 13,860,654 562,879,332 14,111,208 873,687,227 188,956,827 157,509 140,205,606 108,587,054 208,212,787 142,360 187,730,417 90,874,350 254,895,957 240,574 377,764,170 137,583,660 15,697,213 16,123,335 13,917,573 15,441,540 16,116,106 66,823,938 1,261,416 23,542,185 50,007,219 47,799,007 40 57,722,053 43 December 31, 1915 Customers’ liability on acceptances (per contra, Amount of assets not included in any of the above items........................................................ Add for cents......................................................... 54,300,102 41 Total resources.............................................. $1,574,656,207 $1,740,598,437 $2,532,892,786 L ia b il it ie s Capital.................................................................... Surplus, including all undivided profits, on market value...................................................... Unpaid dividends and reserve for taxes, interest, $78,650,000 $80,400,000 $79,600,000 174,941,802 162,552,043 176,744,861 50,987,337 56,105,624 70,422,938 553,473 22,822,960 379,660 437,852 36,888,452 50,337,961 127,855,7 ^ 1,942,583 Preferred deposits: Due New York State savings banks............ Due New York State savings and loan associations, credit unions and land bank. .. Trust deposits not payable within 30 days. . Due as executor, administrator, guardian, etc................................................................ 8 A n n u al R eport of th e December 9, 1913 L ia b il it ie s December 24, 1914 December 31, 1915 Other deposits preferred because secured by out standing unmatured bonds issued by the S17.630.710 Deposits by the State of New Y ork.......... Deposits by Superintendent of Banks of $9,197,280 $7,849,731 1,997,139 Other deposits preferred because secured by a pledge of assets..................................... 7,671,015 5,130,251 1,106,852 Deposits otherwise preferred........................ 2,242,240 Due depositors, not preferred.............................. 1,047,240,308 1,209,181,342 101,054,111 Amount due trust companies, banks and bankers 79,595,833 885,316 50,000 1,022,957 Acceptances of drafts payable at a future date or 23,542,185 authorized by commercial letters of credit. .. 35,164,912 Other liabilities...................................................... 55,980,217 40 41 1,474,284 7,127,189 6,269,379 1,751,588,393 227,551,618 369,000 36,972 49,881,027 25,683,772 43 Total liabilities.............................................. $1,574,656,207 $1,740,598,437 $2,532,892,786 $1,263,091,564 $1,437,030,984 $2,200,577,111 S avin gs B an ks The savings banks in New York State experienced a prosperous year. The increase in bond values has enabled them to increase their surplus during the year by $14,419,839.61, the total amount o f such surplus on January 1, 1916, being $154,124,167.51 as against $139,704,327.90 a year ago. During the same period de posits showed an increase o f $47,705,979.85. Dividends credited aggregated $65,124,623.36 or $17,418,643.51 more than the total increase in deposits. The total amount deposited, exclusive of dividends credited to accounts, was $412,502,363.32 as against withdrawals of $429,908,102.58. The number of depositors in savings banks on January 1, 1916, was 3,243,362, an increase for the year o f 72,057. The total resources aggregated $1,974,046,375.62, an increase of $61,841,801.70. Average deposits amounted to $560.90. Since the close o f the year the Superintendent o f Banks issued an authorization certificate to the Flatbush Savings Bank located in Brooklyn. This is the first savings bank authorized since 1910. 9 S u p e r in t e n d e n t o f B a n k s D et ailed S tatistic s The following table gives in detail the resources and liabilities of the savings banks of the State, together with other interesting statistics: C ond itio n of t h e S avings B a n k s R 6$ OUTCBS Bonds and mortgages....................................................... ....................... $1,043,325,012 46 Stock and bond investments: United States....................................................... $642,080 00 160,000 00 District of Columbia.......................................... New York State.................................................. 21,795,000 00 40,194,004 00 Bonds of other States........................................ 137,431,324 78 Bonds of cities in other States......................... Bonds of cities in this State............................. 213,605,080 68 Bonds of counties in this State........................ 20,331,320 00 Bonds of towns in this State............................ 8,985,255 21 Bonds of villages in this State......................... 20,595,681 94 Bonds of school districts in this State........... 8,524,085 31 Railroad mortgage bonds.................................. 294,374,296 96 Total par value of stocks and bonds. . . . Amount of stocks and bonds at investment value.................................................................. Amount of stocks and bonds at cost.............. $766,638,128 88 $790,080,327 82 1,084,763,840 80 Estimated market value of stocks and bonds.. Loans on pledge of securities............................... Banking houses and lots at actual cash value.. Other real estate at actual cash value............... Cash on deposit in banks and trust companies Cash on hand........................................................... Total of collectible interest................................... Other assets.............................................................. Total resources............................................... 737,631,246 180,600 19,771,060 11,706,343 124,506,726 13,468,021 22,603,805 853,559 58 00 36 58 84 41 09 30 $1,974,046,375 62 Liabilities Amount due depositors............................................................................ $1,819,206,937 91 Other liabilities.......................................................................................... 715,270 20 Surplus on estimated market value of stocks and bonds............... 154,124,167 51 Total liabilities.................................................................................. $1,974,046,375 62 Surplus on par value of stocks and bonds.......................................... Statistical items Number of open accounts....................................................................... Number of accounts opened or reopened during the year.............. Number of accounts closed during the year....................................... Amount deposited during the year not including dividends credited................................................................................................... Amount withdrawn during the year..................................................... Amount of dividends paid and credited during the year................ Salaries paid for the year........................................................................ Expenses other than salaries for the year........................................... $183,009,554 Q5 3,243,362 533,032 460,312 $412,502,363 429,908,102 65,124,623 3,245,975 3,644,019 32 58 36 49 49 10 A n n u al R eport of th e A comparison o f certain salient features o f tlie savings bank transactions o f the last three years follow s: Gain shown by 1913 reports over 1912 Gain shown by 1914 reports over 1913 Gain shown by 1915 reports over 1914 Gain in open accounts............................... 78,539 27,851 Gain in resources....................................... $64,550,578 18 *$14,129,757 84 29,803,491 53 Gain in amount due depositors................ 52,244,297 67 22,915,321 71 Increase in market value surplus............. *1,615,981 64 14,365,549 94 Gain in par surplus................................... 12,956,596 97 Gain in dividends paid or credited............ 1,997,697 41 2,551,679 46 Gain in amount deposited during year. . . 4,908,512 19 *29,647,942 70 *4,654,612 90 Increase in amount withdrawn during year 24,998,250 53 72,057 $61,841,801 70 47,705,979 85 14,419,839 61 12,322,918 53 1,960,914 00 2,226,673 99 *13,711,185 03 * Decrease. S avings B a n k D ividend R ates The rates of dividends paid by the savings banks of the State in January and July, 1915, and in January, 1916, are shown in the following table: January, 1915 Number paying 4 per cent......................................... Number paying 4 and 4 j per cent........................... Number paying 3 and 4 per cent............................. Number paying 3§ and 4 per cent........................... 89 39 8 3 1 July, 1915 January, 1916 94 2 33 7 1 3 101 2 29 5 3 T h e P o sition of S ta te I n stit u t io n s in R e w Y ork Reports filed with the Comptroller of the Currency on June 23, 1915, showed that the resources of the 27,062 institutions o f the United States, exclusive o f the 12 Federal Reserve banks, were nearly $28,000,000,000, or an average for each institution report ing o f a little over $1,000,000. For the same period 140 savings banks, 201 banks o f deposit and discount, 80 trust companies, and 73 private bankers, or a total o f 494 institutions in Row Y ork State, reported total resources o f over $4,670,000,000, or an average for each institution o f nearly $10,000,000. The ratio of SUPERINTENDENT OE BANKS 11 resources of the State institutions of New Y ork against the total resources of institutions in the entire country is 16.8 per cent. Trust companies and banks o f deposit and discount had total resources on December 31, 1915, of $3,326,321,670, or nearly 12 per cent of the total for the country. The savings deposits of 630 mutual savings banks reporting to the Comptroller o f the Currency on June 23, 1915, were $4,319,000,000, o f which amount $1,930,000,000 was contributed by the 140 savings banks in New York State, or nearly 45 per cent of the total. The capital, surplus and undivided profits of trust companies, banks of deposit and discount and private bankers for New York State on July 1, 1915, were $337,055,250, while the surplus of savings banks was approximately $138,020,085, which would make a grand total of $475,075,335, or more than 10 per cent of the total of all banking institutions in the United States. H y p o t h e c a t io n of A ssets It is gratifying to note that the items o f bills payable which in the case of trust companies amounted to $885,316 on December 24, 1914, amounts now to but $369,000. The contingent liability, because of bills rediscounted, and which amounted to $1,022,957 at the close o f 1914, has been almost entirely eliminated, amount ing to but $36,972 on December 31, 1915. The department has at all times frowned upon the practice of hypothecating assets in order to obtain additional funds, and it is receiving the co-opera tion of the institutions in its efforts to restrict this practice. A cceptances The privilege granted trust companies of accepting for payment at a future date drafts drawn upon them by their customers has proved popular during the year. The total acceptances outstand ing at the close o f the year amounted to $49,881,027, as compared to $23,542,185 on December 24, 1914. P ersonae L oan C o m pan ies and B rokers A t the close of the year, there were under the control of this department 20 personal loan companies and 2 personal loan brokers with a combined capital o f $655,275. O f this number, 12 A n n u al R eport of th e 18 personal loan companies and 1 personal loan broker were au thorized during the year. The authorization certificate of one of the personal loan brokers, Izora F. Wilson, was revoked on Decem ber 31, 1915, after due investigation. One o f the personal loan companies, the Equitable Personal Loan Company, was closed on June 2, 1915, by this department, but was permitted to resume business on September 3, 1915, after making good an impairment o f capital. Personal loan companies are authorized by the Superintendent of Banks to engage in the business of making small loans to needy borrowers. The law restricts the amount loaned to any individual at any one time to $200, and fixes the maximum rate of interest on loans at 2 or 3 per centum per month, according to the class of loans made. It is provided that under no circumstances must the interest on any loan be more than 3 per centum per month. Personal loan brokers are individuals engaged in the same class of business and subject to the same restrictions. A ll personal loan companies and personal loan brokers are now transacting business under the provisions of article I X of the Banking Law as amended and re-enacted by chapter 588 o f the Laws o f 1915. Some time prior to the passage of this act, there had been considerable difficulty in the supervision of these corpo rations and individuals owing to conflicting statutes. B y this act all such contradictions were reconciled and the law clarified and improved. I n v e st m e n t C o m pan ies The Morris Plan Company of Albany was authorized during the past year and papers are on file for the organization of simi lar companies at Syracuse and Buffalo. These companies are being organized for the purpose o f loaning small sums of money at a reasonable rate of interest. Applications for the organization o f other investment companies for certain credit purposes have been filed, and it is expected authorizations will be granted. I n stit u t io n s U nder t h e S upervisio n of t h e B a n k in g D epartm ent The steady increase in the number o f institutions under the supervision of the New York State Banking Department still con tinues. A t the close o f the year the total number of institutions S u p e r in t e n d e n t o f B a n k s 13 under supervision was 1,072, which makes it mandatory for the Superintendent o f Banks to make in each year at least 1,576 ex aminations, in compliance with the provisions of section 39 o f the Banking Law. The law requires banks of deposit and discount, trust companies and 76 o f the 88 private bankers operating in this State, to he examined at least twice a year. It is also necessary to make in addition many special examinations. The following table gives the number of institutions under the supervision o f this department, January 1, 1916: Banks of deposit and discount.................................................................................... Banks of deposit and discount (branches)............................................................... Private bankers.............................................................................................................. Trust companies............................................................................................................. Trust companies (branches)........................................................................................ Savings banks................................................................................................................. Safe deposit companies................................................................................................. Safe deposit companies (branches)............................................................................ Investment companies.................................................................................................. Investment companies (branches).............................................................................. Personal loan companies.............................................................................................. Personal loan brokers.................................................................................................... Foreign corporation agencies...................................................................................... Savings and loan associations..................................................................................... Building lot associations............................................................................................... Land Bank...................................................................................................................... Credit Unions................................................................................................................. 203 98 88 82 47 140 47 37 15 1 20 1 23 251 1 1 17 1,072 The following table shows the number o f examinations required by law to be made o f these institutions: Banks of deposit aDd discount.................................................................................... Banks of deposit and discount (branches)............................................................... Private bankers (76 twice yearly, 12 annually)..................................................... Trust companies............................................................................................................. Trust companies (branches)........................................................................................ Savings banks................................................................................................................. Safe deposit companies................................................................................................. Safe deposit companies (branches)............................................................................ Investment companies.................................................................................................. Investment companies (branches)............................................................................. Personal loan companies.............................................................................................. Personal loan brokers.................................................................................................... Foreign corporation agencies....................................................................................... Savings and loan associations..................................................................................... Building lot associations............................................................................................... Land Bank....................................................................................................................... Credit Unions.................................................................................................................. 406 196 164 164 94 140 47 37 13 1 20 1 23 251 1 1 17 1,576 14 A n n u a l R e p o r t oe t h e P a y m e n t of D e p a r t m e n t ’ s E xpenses Despite the steady increase in the number and resources o f in stitutions and the consequently increasing work made necessary by the new hanking law, the total expenses of the department show an increase for the last fiscal year o f only $1,206.70, or about one-half o f one per cent against an increase in resources of over 11 per cent. The total expenses were $227,920.40, as against $226,713.70 of the previous year. The expenses o f the department are paid in the first instance out o f the State Treasury, and reimbursement therefor made through assessment by the Superintendent of Banks upon the vari ous institutions which are subject to his supervision. The account o f the Banking Department on the books o f the State Comptroller shows that from the date o f the department’s organization in 1851 to October 1, 1915, the department has received from the State Treasurer an aggregate of $3,380,600.77, and paid into the State Treasury in the same time a total of $3,254,519.09. The bal ance which was due the State Treasurer on October 1, 1915, has since been paid into the treasury. It will thus be seen that the cost o f running this department since its organization in 1851 has been paid entirely by the institutions under its supervision, and no part thereof has been borne by the taxpayers of the State. N e w T rust C o m pan ies N ame Location Rome Trust Company.. Rome.............. Livingston County Trust Company..................... Geneseo.......... St. Lawrence Trust Comp a n y ............................... Ogdensburg... Certificate approved Date of authorization Capital Feb. 15,1915 Feb. 26, 1915 $100,000 May 1,1915 June 28,1915 100,000 June 4,1915 Oct. 14,1915 100,000 15 S u p e r in t e n d e n t o f B a n n s N e w T rust C o m p a n y B ran ches Location N ame Broadway Trust Company............ Transatlantic Trust Company. . . . Metropolitan Trust Company. . . . Lincoln Trust Company................. Bankers Trust Company................ Location of new branch New York .. Bridge Plaza, cor. Radde street, Long Island City. New York.. 130 East Seventh street, Borough of Manhattan. New Y o rk .. 716 Fifth avenue, Borough of Man hattan New Y o rk .. 346 Broadway, Borough of Man hattan. Buffalo........ Corner Main and Utica streets, Buffalo. T rust C o m p a n y B ran ches C losed Location N ame Transatlantic Trust Company.. . . Lincoln Trust Company. . . . . . . . . Empire Trust Company................. Location of closed branch New Y ork., 207 Second avenue, Borough of Manhattan. New York. . 413 Broadway Borough of Man hattan. New York. . 65 (Cedar ."street Borough of Man hattan. I ncrease of C a p i t a e — T rust C o m pan ies N ame Location Citizens’ Trust Company of Utica, N. Y. Rome Trust Company................................ Buffalo Trust Company............................. The Syracuse Trust Company................. Guaranty Trust Company of New York. Utica............... Rome.............. Buffalo............ Syracuse......... New York .. . . Date of increase Jan. Mar. June Sept. Nov. 5, 13, 3, 24, 24, Amount of increase 1915 $200,000 1915 200.000 1915 50,000 1915 200,000 1915 10,000,000 T rust C o m p a n y M ergers N ame Location Home Trust Company of New York. Brooklyn. Merger Date of merger Into Lawyers’ Title, Insurance and Trust Company................. Feb. 1, 1915 16 A n n u al R eport of th e C h a n g e of N a m e of T rust C o m pan ies Feb. 1, 1915 Oct. 11, 1915 Name of Lawyers’ Title, Insurance and Trust Company changed to Lawyers’ Title and Trust Company. Name of Manufacturers-Citizens’ Trust Company of Brooklyn changed to Manufacturers’ Trust Company. T rust C o m p a n y C losed Date of withdrawal Location N ame The Mutual Alliance Trust Company of New York*............................................... New York .. . . Capital April 30, 1915 $1,000,000 * Voluntary liquidation. T rust C o m p a n y R efused N ame Location Directors’ Trust Company.............................................. New Y o rk .. . . Date Dec. 3, 1915 N e w S a f e D eposit C o m pan ies N ame Location The State Safe Deposit Company..................... New York. . . . The Farmers’ Safe De posit Company........... New Y o rk .. . . Certificate approved Date of authorization Capital June 10, 1915 July 14,1915 $100,000 Sept. 20, 1915 Oct. 26,1915 100,000 17 S u p e r in t e n d e n t o f B x\.n k s S afe D eposit C o m p a n y C losed Location Date of closing New York........ Feb. 5, 1915 N ame Wall Street Safe Deposit Company*. .. . Capital $100,000 * Voluntary liquidation. N e w S af e D eposit C o m p a n y B ran c h es N ame Location Corn Exchange Safe Deposit Company................................... New York... . Corn Exchange Safe Deposit Company................................... New Y ork ... . Corn Exchange Safe Deposit Company................................... New York... . Empire Safe Deposit Company. New Y o rk ... . Empire Safe Deposit Company. New York ... . The State Safe Deposit Company New York ... . The State Safe Deposit Company New Y o rk .. . . The State Safe Deposit Company New York... . Madison Safe Deposit Company New York ... . Location of new branch 162-164 Stuyvesant place, Brighton. New 126 East 86th street, Borough of Manhattan. 762-776 Lexington avenue, Borough of Manhattan. * 120 Broadway, Borough of Man hattan. 580 Fifth avenue, Borough of Man hattan. Cor. Graham avenue and Varet street, Borough of Brooklyn. Cor. Union and Westchester ave nues, Borough of Bronx. Cor. Stone and Pitkin avenues, Borough of Brooklyn. 204 Fifth avenue, Borough of Man hattan. S afe D epo sit C o m p a n y B ran ches C losed N ame Location Date of closing Com Exchange Safe Deposit Com pany ................................................... 14 Richmond Terrace, New Brighton..................................... Empire Safe Deposit Company. .. . 42 Broadway, New York............. Empire Safe Deposit Company. . . . 120 Broadway, New York........... Madison Safe Deposit Company. . . 413 Broadway, New York........... Mar. 5, 1915 May 21, 1915 Sept. 9, 1915 Oct. 1, 1915 18 A n n u al R epoet of th e P eesonal L oan C o m pan ies A uthoeized Location N ame St. Bartholomew’s Loan Association...................... The Auburn Personal Loan Company......................... Provident Loan Society of Rochester........................ Union Loan Company... . Personal Loan Association of Onondaga Co., Inc. . Cayuga Loan Company. . Onondaga Provident Loan Association, Inc............. Syracuse Loan Company.. Fidelity Credit Company. Buffalo Security Company American Credit Company Standard Credit Company of Buffalo........................ Home Credit Company. . . Provident Loan Company of Buffalo........................ Remedial Loan Society of Buffalo, Inc..................... The Utica Provident Loan Association..................... The Chattel Loan Society of New York, Inc.......... Empire City Personal Loan Company......................... Certificate approved Date of authorization Capital New York.. Jan. 5, 1915 Jan. 5, 1915 $40,275 Auburn. . . . Jan. 19, 1915 Feb. 8, 1915 5,000 Rochester. . Syracuse.. . Mar. 3, 1915 Mar. 5, 1915 M:ar. 3, 1915 M:ar. 5, 1915 50,000 10,000 Syracuse. . . Auburn. . . . Mar. 8, 1915 Mar. 10, 1915 M'ar. 8, 1915 Mar. 10, 1915 10,000 10,000 Syracuse.. . Syracuse.. . Buffalo........ Buffalo........ Buffalo........ Mar. Mar. Mar. Mar. Mar. M'ar. MAr. M!ar. Mar. M'ar. 1915 1915 1915 1915 1915 30,000 10,000 10,000 10,000 10,000 Buffalo........ Buffalo........ Mar. 22, 1915 Mar. 22, 1915 Mar. 22, 1915 Mar. 22, 1915 10,000 10,000 Buffalo........ Mar. 22, 1915 M'ar. 22, 1915 10,000 Buffalo........ Mar. 24, 1915 M:ar. 24, 1915 30,000 Utica........... Mar. 25, 1915 MAr. 25, 1915 10,000 New Y o rk .. Mar. 25, 1915 Mar. 25, 1915 200,000 Elmhurst.. . Oct. 22, 1915 10,000 13, 19, 20, 20, 22, 1915 1915 1915 1915 1915 Sept. 21, 1915 13, 19, 20, 20, 22, P e eso n al L oan B eo k ee A uthoeized N ame Location Certificate approved Date of authorization David Gordon................ N ew Y o rk ... . Mar. 15, 1915 April 9, 1915 Capital $1 0,00 0 19 S u p e r in t e n d e n t o f B a n k s I ncrease of C a p it a l of P ersonal L oan C o m pan ies N ame Date Location The Remedial Loan Society of Buffalo. . Buffalo............ Onondaga Provident Loan Association, Inc....................................... , .................... Syracuse......... Amount of increase Jan. 28,1915 $10,000 June 16, 1915 10,000 P ersonal L oan C o m p a n y C losed Location N ame The Equitable Personal Loan Company................................... New Y ork .. . . Remarks. Superintendent took possession. June 2, 1915. Allowed to resume business September 3, 1915 N e w P ersonal L oan C o m p a n y B r an c h Location N ame Chattel Loan Society of New York, Inc................................... New Y ork ... . Location of new branch Rooms 7-8 Minden Bldg, Howard avenue and Monroe street, Brook lyn, N. Y. A u th o rizatio n of P ersonal L oan B roker R evoked N ame Location Date of revocation Izora F. Wilson.............................................................. New York............ Dec. 31, 1915 20 A n n u al R eport of th e N e w I n v e st m e n t C o m pan ies Location N ame The Morris Plan Company of Albany.................................. Albany. . . Certificate approved Date of authorization Capital July 21, 1915 July 30, 1915 $100,0 00 I n v e st m e n t C o m p a n y B ran c h Location N ame The Morris Plan Company of New York................................................ New York___ Location of new branch 52 William street. I ncrease of C a p it a l of I n v e st m e n t C o m pan ies Date of increase Location N ame Guaranteed Mortgage Company of New York........................................................... New Y ork ... . April 15, 1915 The Morris Plan Company of New York. New York ... . Sept. 8, 1915 F unds of C losed S avin gs B anks H eld by th e Amount of increase $125,000 400,000 B a n k in g D e p a r tm e n t Funds belonging to former depositors o f thirty-three closed savings banks continue to be held by this Department. During the year 1915 payments aggregating $12.87 were made to claim ants who had furnished to the Superintendent of Banks satis factory evidence o f their right to the same. These payments were made from moneys remaining to the credit of three closed institu tions; the Bond Street Savings Bank, New York City, the Oriental Savings Bank, New York City and the Third Avenue Savings 21 S u p e r in t e n d e n t o f B a n k s Year chartered 1 Year closed Bank, Y ew York City. Following is the statement giving the names o f the closed savings banks, the years they were chartered and closed, the rate per centum of dividends declared, unclaimed dividends deposited with the Superintendent of Banks, the amount disbursed to claimants, and the balance of unclaimed dividends. 1869 1860 1868 1867 1857 1866 1870 1868 1868 1869 1869 1892 1868 1876 1876 1871 1875 1880 1880 1877 1877 1877 1884 1880 1899 1877 1866 1904 1871 1866 1871 1852 1875 1908 1879 1880 1880 1876 1865 1868 1869 1874 1869 1868 1863 1869 1867 1868 1854 1854 1870 1873 1883 1875 1876 1879 1877 1880 1875 1881 1877 1876 1878 1875 1876 1878 N ame of I n s t it u t io n Rate per cent, of dividend declared 48 86 5-8 35 30 100 Chautauqua County Savings Bank*. . 100 Clairmont Savings Bank..................... 15 Clinton Savings Bank.......................... 68.169 Coxsackie Savings Institution*........... 100 Eleventh Ward Savings Bank*........... 100 Equitable Savings Institution*........... 100 Fulton County Savings Bank*............ 100 German Savings Bank of the Town of Morrisania......................................... 46 1-6 German Uptown Savings Bank.......... 64 Guardian Savings Bank, Brooklyn*.. . 100 Haverstraw Savings Bank................... 75 100 Mechanics’ Savings Bank, Brooklyn*. 100 Mechanics and Traders’ Savings Institution, Nfew Y ork......................... 71 Morrisania Savings Bank*.................. 100 Mutual Benefit Savings Bank............. 64 New Amsterdam Savings Bank.......... 77 100 Oriental Savings Bank, New Y o rk ... . 601 100 People’s Savings Bank, New Y o rk ... . 48 7-12 Port Jervis Savings Bank*.................. 100 Saratoga Savings Bank........................ 88 Security Savings Bank, New Y ork ... . 61 f Sixpenny Savings Bank, New Y ork ... 85.55 Third Ave. Savings Bank, New Y ork .. 19 Trades Savings Bank, New York....... 15 Union Savings Bank, Saratoga Springs. 6 Abingdon Square Savings Bank.......... Bond Street Savings Bank, N. Y ........ Bowling Green Savings Bank.............. Central Park Savings Bank................. Unclaimed dividends deposited with superin tendent $930 21,132 3,994 1,497 49 2 501 831 258 1,833 150 26 3,656 5,598 888 596 320 329 14,315 842 7,554 429 1 2,255 329 5,530 251 437 1,865 39,319 895 547 180 Paid by superin tendent to claimants Balance unclaimed $481 78 37 $448 59 88 10,442 01 10,690 87 29 19 56 3,974 73 704 19 793 57 76 49 72 72 24 2 24 90 17 98 483 92 91 750 77 81 14 32 238 72 19 60 19 147 25 1,685 94 49 45 150 04 22 10 4 22 32 86 70 27 04 71 39 1,488 1,142 700 327 39 92 03 21 2,168 4,455 188 268 320 329 47 78 24 83 71 39 91 7,055 48 7,260 43 670 88 74 171 86 86 3,630 80 3,924 06 79 9 20 420 59 40 1 40 296 47 1,959 03 50 44 329 44 96 3,027 14 2,503 82 97 248 13 3 84 1 82 88 436 06 72 628 81 1,236 91 89 12,645 86 26,674 03 15 465 91 429 24 32 3 72 543 60 89 144 72 36 17 Total............................................... ............... $117,358 78 $44,297 12 $73,061 66 * Closed voluntarily. 22 A n n u al R eport of th e C a p it a l and S urplus oe T rust ’C o m pan ies The following table gives the titles, capital, book surplus and market value surplus o f the trust companies which reported their condition to the Superintendent o f Banks as of December 31, 1915 : NAME AND LOCATION Capital Adirondack Trust Company, The, Saratoga Springs. . . $100,000 Albany Trust Company, The, Albany........................... 400,000 Astor Trust Company, New York C ity......................... 1,250,000 Auburn Trust Company, Auburn................................... 150,000 Bankers’ Trust Company of Buffalo, Buffalo................ 1,000,000 Bankers’ Trust Company, New York C ity.................... 10,000,000 Broadway Trust Company, New York C ity................. 1,500,000 Brooklyn Trust Company, Brooklyn............................. 1,500,000 Buffalo Trust Company, Buffalo.................................... 200,000 Central City Trust Company, Syracuse........................ 300,000 Central Trust Company, New York City....................... 3,000,000 Chemung Canal Trust Company, Elmira...................... 600,000 Citizens’ Trust Company, Fredonia............................... 100,000 Citizens’ Trust Company of Schenectady, N. Y., Schenectady................................................................... 150,000 Citizens’ Trust Company of Utica, N. Y., Utica............ 500,000 Columbia Trust Company, New York C ity.................. 2,000,000 Columbus Trust Company, Newburgh........................... 100,000 Commercial Trust Company, New York C ity.............. 500,000 Commonwealth Trust Company, Buffalo....................... 500,000 County Trust Company, White Plains........................... 100,000 Empire Trust Company, New York C ity...................... 1,500,000 Equitable Trust Company of New York, New York C ity................................................................................ 3,000,000 Farmers’ Loan and Trust Company, New York City. . 1,000,000 Fidelity Trust Company of Buffalo, Buffalo................. 500,000 Fidelity Trust Company, New York C ity..................... 1,000,000 Fidelity Trust Company, Rochester............................... 200,000 Franklin Trust Company, Brooklyn............................... 1,000,000 Fulton Trust Company, New York C ity....................... 500,000 Genesee Valley Trust Company, Rochester................... 400,000 Glens Falls Trust Company, Glens Falls....................... 100,000 Guaranty Trust Company of New York, New York C ity................................................................................ 10,000,000 Hamilton Trust Company, Brooklyn............................. 500,000 Hudson River Trust Company, Hudson........................ 125,000 Hudson Trust Company, New York C ity...................... 500,000 Huguenot Trust Company of New Rochelle, New Rochelle......................................................................... 150,000 Ithaca Trust Company, Ithaca....................................... 200,000 Kings County Trust Company, Brooklyn..................... 500,000 Lawyers’ Title and Trust Company, New York City. . 4,000,000 Lincoln Trust Company, New York C ity ...................... 1,000,000 Livingston County Trust Company, Geneseo............... 100,000 Madison County Trust and Deposit Company, Onpida. 100,000 Manufacturers’ Trust Company, Brooklyn................... 1,000,000 Surplus at book value of stocks and bonds Surplus at market value of stocks and bonds $144,016 285,095 1,243,655 178,296 288,014 12,923,760 922,539 3,287,238 171,184 313,873 17,588,402 563,909 64,849 $170,249 312,928 1,541,086 171,156 346,350 14,694,097 902,539 3,730,746 170,665 313,976 17,502,200 573,165 59,349 232,287 534,295 7,583,723 137,783 133,021 225,595 161,445 1,345,196 289,826 556,504 7,659,684 159,202 134,040 236,591 165,737 1,375,184 9,457,084 7,000,361 428,994 1,239,830 297,154 1,172,473 622,660 153,248 156,020 9,608,497 7,382,949 475,878 1,204,830 261,418 1,257,869 702,120 120,024 168,414 23,016,654 1,102,381 78,030 616,768 26,352,048 1,085,934 86,413 600,823 59,522 122,647 2,647,528 5,189,662 525,917 11,028 63,796 351,590 60,276 190,452 2,635,213 5,386,056 503,891 11,917 71,370 321,590 23 S u p e r in t e n d e n t o f B a n k s NAME AND LOCATION Capital Metropolitan Trust Company, New York C ity............ $2,000,000 200,000 Montgomery County Trust Company, Amsterdam___ Mount Vernon Trust Company, Mount Vernon........... 200,000 Mutual Trust Company of Westchester County, Port Chester........................................................................... 300,000 Nassau County Trust Company, Mineola..................... 100,000 New Rochelle Trust Company, New Rochelle.............. 200,000 New York Life Insurance and Trust Company, New 1,000,000 York C ity ...................................................................... New York Trust Company, New York C ity................. 3,000,000 100,000 Niagara Falls Trust Company, Niagara Falls............... Northern New York Trust Company, Watertown........ 400,000 Northport Trust Company, Northport.......................... 100,000 Olean Trust Company, Olean......................................... 100,000 Orange County Trust Company, Middletown............... 100,000 People’s Trust Company of Binghamton, Binghamton. 500,000 People’s Trust Company, The, Brooklyn....................... 1,000,000 Poughkeepsie Trust Company, Poughkeepsie............... 125,000 Queens County Trust Company, Jamaica..................... 600,000 Rochester Trust and Safe Deposit Company, Rochester. 500,000 Rockland County Trust Company, Nyack.................... 100,000 Rome Trust Company, R o m e ........................................ 300,000 St. Lawrence Trust Company, Ogdensburg................... 100,000 Salamanca Trust Company, Salamanca......................... 100,000 Schenectady Trust Company, Schenectady................... 250,000 Security Trust Company of Rochester, Rochester........ 300,000 200,000 Security Trust Company of Troy, The, T roy............... Suffolk County Trust Company, The, Riverhead......... 100,000 Syracuse Trust Company, Syracuse............................... 500,000 Title Guarantee and Trust Company, New York C ity .. 5,000,000 700,000 Transatlantic Trust Company, New York C ity............ Troy Trust Company, The, T roy ................................... 200,000 Trust Company of Wyoming County, Warsaw............. 100,000 Trust and Deposit Company of Onondaga, Syracuse.. 1,000,000 Union Trust Company of Albany, N. Y., The, A lbany.. 250,000 300,000 Union Trust Company of Jamestown, Jamestown........ Union Trust Company of New York, New York City.. 3,000,000 Union Trust Company of Rochester, Rochester............ 500,000 United States Mortgage and Trust Company, New York C ity...................................................................... 2,000,000 United States Trust Company of New York, New York C ity................................................................................ 2,000,000 Utica Trust and Deposit Company, Utica..................... 400,000 Westchester Trust Company, Yonkers........................... 300,000 Surplus at book value of stocks and bonds Surplus at market value of stocks and bonds $6,035,819 113,474 375,877 $6,087,328 125,237 352,037 75,092 96,837 47,977 97,502 109,341 90,680 3,937,418 10,765,397 191,575 495,405 48,812 3,137 295,101 125,965 1,571,295 190,514 91,736 849,510 40,125 70,085 26,407 185,202 364,272 517,667 124,354 102,052 505,774 11,891,645 450,000 66,047 46,755 654,829 524,294 186,541 5,197,722 484,788 4,280,184 4,063,289 11,247,084 188,575 499,884 48,617 3,137 293,132 122,013 1,603,822 154,113 93,838 849,510 48,246 75,673 29,461 186,502 420,876 576,667 165,365 103,552 524,915 11,965,740 478,680 79,706 48,490 654,829 610,348 229,594 5,162,096 494,896 pfti 4,241,608 14,250,742 444,110 258,608 14,303,188 520,887 241,157 24 A nn ual R epoet of th e S a f e D eposit C om pan ies The following list gives the names, location and capital of the safe deposit companies as o f January 1, 1916: Name and location Albany Safe Deposit and Storage Company, Albany.............................. Astor Safe Deposit Company, New York City.......................................... Atlantic Safe Deposit Company, New York City..................................... Bankers’ Safe Deposit Company, New York City................................... Broadway Safe Deposit Company, New York City................................. Bronx Safe Deposit Company, New York City........................................ Brooklyn City Safe Deposit Company, Brooklyn.................................... Central Safe Deposit Company, Ossining................................................... City Safe Deposit Company, of Albany, N. Y .......................................... Colonial Bank Safe Deposit Company, New York City......................... Commercial Safe Deposit Company, New York City............................. Corn Exchange Safe Deposit Company, New York City....................... County Safe Deposit Company, White Plains........................................... Empire City Safe Deposit Company, New York City............................. Empire Safe Deposit Company, New York City...................................... Equitable Safe Deposit Company of New York, The.............................. Farmers’ Safe Deposit Company, The, New York City......................... Fifth Avenue Safe Deposit Company, New York City........................... Franklin Safe Deposit Company, Brooklyn............................................... Garfield Safe Deposit Company, New York City..................................... Greenwich Safe Deposit Company, New York City................................ Guaranty Safe Deposit Company, New York City.................................. Hanover Safe Deposit Company, New York City.................................... Hudson Safe Deposit Company, New York City..................................... Knickerbocker Safe Deposit Company, New York City......................... Lincoln Safe Deposit Company, New York City...................................... Long Island Safe Deposit Company, Brooklyn......................................... Madison Safe Deposit Company, New York City.................................... Mercantile Safe Deposit Company, New York City................................ Metropolitan Safe Deposit Company, New York City............................ Mount Vernon Safe Deposit Company, Mount Vernon.......................... New Maiden Lane Safe Deposit Company, New York City................. New Rochelle Safe Deposit Company, New Rochelle.............................. New York Produce Exchange Safe Deposit and Storage Company, New York City.............................................................................................. New York Stock Exchange Safe Deposit Company, New York C ity .. Ossining Safe Deposit Company, Ossining................................................. Rockland County Safe Deposit Company, Nyack.................................... Safe Deposit Company of New York, New York City........................... Security Safe Deposit Company of Brooklyn............................................ Security Safe Deposit Company, Buffalo.................................................... Security Safe Deposit Company of Troy.................................................... Standard Safe Deposit Company, New York City................................... State Safe Deposit Company, New York City.......................................... Thirty-fourth Street Safe Deposit Company, New York City.............. Union Trust Safe Deposit Company, New York City............................. United States Safe Deposit Company, New York City........................... Woolworth Building Safe Deposit Company, New York City.............. Capital $90,000 100,000 100,000 100,000 100,000 100,000 100,000 10,000 50,000 100,000 100,000 300,000 10,000 100,000 100,000 150,000 100,000 100,000 100,000 150,000 100,000 100,000 200,000 100,000 100,000 1,000,000 100,000 100,000 450,000 100,000 10,000 100,000 10,000 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 150,000 100,000 20,000 10,000 100,000 100,000 150,000 50,000 200,000 100,000 225,000 100,000 200,000 100,000 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $6,135,000 00 C ondition of th e S afe D eposit C o m pan ies Arranged in comparative form, the various items o f resources and liabilities o f the safe deposit companies reporting to the Su- S u p e r in t e n d e n t o f B a n k s 25 perintendent of Banks, as o f the first day o f January in each of the last three years are as follow s: 1916 1914 1915 Bonds and mortgages............................. Stock and bond investments................ Real estate................................................ Vaults and safes...................................... Furniture and fixtures........................... Loans on collateral................................. Cash deposited......................................... Cash on hand........................................... Safe rentals due and accrued................ Silver storage due and accrued............ Warehouse storage due and accrued. . Other assets.............................................. Add for cents........................................... $137,550 1,988,989 2,653,617 3,149,080 189,998 23,150 487,600 2,819 64,507 35,763 127,674 103,832 4 $141,600 2,448,570 2,432,935 3,069,971 181,925 1,000 304,738 2,189 62,134 31,966 134,744 43,485 4 $272,250 2,118,982 2,433,128 3,077,583 166,785 1,000 573,780 2,787 71,259 33,551 130,189 31,307 5 Totals................................................ $8,964,583 $8,855,261 $8,912,606 Capital stock............................................ Excess of assets over liabilities............ Loans secured by bond and mortgage Other loans............................................... Interest due and accrued on loans Expenses incurred but unpaid........... Other liabilities........................................ Add for cents......................................... . $6,085,000 1,568,264 1,018,000 119,000 7,286 10,109 156,923 1 $6,035,000 1,609,788 970,000 69,850 6,804 10,865 152,952 2 $6,135,000 1,820,967 670,000 111,500 6,327 11,133 157,677 2 Totals................................................ $8,964,583 $8,855,261 $8,912,606 R esources L ia b il it ie s S ecur ities H eld in T rust The securities held in trust by the Superintendent o f Banks on the first day of January, 1916, for the protection of the depositors with and creditors o f the several trust companies and of one investment company which is engaged in the business of receiving deposits, were as follows: United States 2 per cent bonds..................................................................... New York State 3 per cent bonds................................................................. New York State 4 per cent bonds................................................................. New York State 4j per cent bonds.............................................................. New York State \\ per cent bonds.............................................................. New York County 3.3 per cent bonds......................................................... New York City 2s per cent bonds................................................................ New York City 3 per cent bonds.................................................................. New York City 3| per cent bonds................................................................ New York City 4 per cent bonds.................................................................. New York City 4| per cent bonds................................................................ New York City 4| per cent bonds................................................................ Brooklyn City 3| per cent bonds.................................................................. Niagara Falls City 4 per cent bonds............................................................. Rochester City 3§ per cent bonds................................................................. Long Island City 3| per cent bonds............................................................. $2,000 206,000 161,000 5,000 247,000 50,000 318,000 678,000 2,831,500 584,500 3,372,000 581,500 250,000 30,000 80,000 10,000 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 26 A nnual, R epoet of th e Middletown City 3^ per cent bonds............................................................. Albany City 3§ per cent bonds..................................................................... Albany City 4 per cent bonds........................................................................ Jamestown City 4 per cent bonds................................................................. Jamestown City 4 j per cent bonds............................................................... Cohoes City 3§ per cent bonds...................................................................... Utica City 4 per cent bonds........................................................................... Buffalo City 3J per cent bonds...................................................................... Buffalo City 4 per cent bonds........................................................................ Buffalo City 4£ per cent bonds...................................................................... Rensselaer City 4| per cent bonds............................................................... Rome City 4 per cent bonds.......................................................................... Little Valley Village 4.95 per cent bonds.................................................... School district 4.95 per cent bonds............................................................... Bonds and mortgages........................................................................................ $20,000 48,900 16,500 46,000 5,000 2,000 8,000 15,000 20,000 6,000 1,900 10,000 4,190 19,000 177,500 00 00 00 00 00 00 00 00 00 00 00 00 40 00 00 Total............................................................................................................ $9,806,490 40 I n st it u t io n s S u b je c t to th e S u p e e in t e n d e n t of t h e B a n k in g D e p a e t m e n t The total resources of the savings banks, trust companies and safe deposit companies o f the State o f Hew Y ork on the first day of January in each year for the last twenty years, and of the State banks of deposit and discount as reported on the date nearest thereto, were: Total Resources D ate 1897, 1898, 1899, 1900, 1901, 1902, 1903, 1904, 1905, 1906, 1907, 1908, 1909, 1910, 1911, 1912, 1913, 1914, 1915, 1916, January 1......... January 1......... January 1......... January 1......... January 1......... January 1......... January 1......... January 1......... January 1......... January 1......... January 1......... January 1 ......... January 1.......... January 1.......... January 1......... January 1.......... January 1......... January 1......... January 1......... January 1.......... Savings banks $812,173,632 869,751,244 923,420,861 1,000,209,099 1,066,019,216 1,131,564,624 1,191,327,573 1,238,800,468 1,311,993,505 1,405,800,904 1,464,950,833 1,465,295,677 1,536,610,547 1,628,916,868 1,695,650,793 1,780,862,290 1,861,783,753 1,926,334,331 1,912,204,573 1,974,046,375 37 02 82 51 98 00 18 61 17 84 40 92 64 60 54 05 58 76 92 62 Banks of deposit and discount $280,691,855 324,766,619 355,485,972 366,304,182 380,711,930 421.616,408 366,932,347 382,080,238 497,378,209 *522,616,915 *567,986,011 509,680,073 *614,707,421 *610,421,807 *610,142,579 611,632,378 617,063,267 625,806,406 648,234,361 793,428,884 Trust companies $396,742,947 483,739,925 579,205,442 672,190,671 797,983,512 969,403,911 1,039,956,625 1,039,735,828 1,364,016,015 1,312,799,130 1,365,245,430 1,012,747,930 1,477,575,489 1,604,203,727 1,515,453,650 f l , 690,075,954 t l , 598,555,823 t l , 574,666,207 f l , 740,598,437 +2,532,892,786 Safe deposit companies $4,677,325 5,116,362 5,197,996 5,269,271 5,255,452 5,663,016 6,111,411 6,939,799 7,354,553 7,419,085 8,113,235 8,375,569 9,352,822 9,583,960 8,621,722 8,094,038 8,658,127 8,964,583 8,855,261 8,912,606 07 15 76 04 04 97 42 37 41 95 04 53 12 78 91 15 40 83 45 17 * November; the other bank reports called in December. The increase in resources of these four classes of institutions during the year 1915 was $999,388,018.42. f December. The total resources of private bankers December 24, 1914, was $18,462,092 ; December 31, 1915, was $14,110,555, S u p e r in t e n d e n t o f B a n k s 27 L iq u id a tio n of C losed I n stit u t io n s C arn eg ie T rust C o m p a n y Marked progress was made in the liquidation of the Carnegie Trust Company during the past year, which permitted the pay ment to creditors o f a third dividend of 5 per cent., amounting to $328,692. In addition $120,823 was paid to creditors entitled to the 35 per cent, heretofore declared, while preferred payments of $4,500 were also made, making a total of $454,015 paid to cred itors during the year. This liquidation has now paid a total of 40 per cent, in dividends and has disbursed to date over $3,366,000. The cash on hand at the close o f the year was $467,635, and was sufficient to pay an additional dividend. How ever, it was necessary to retain this money until the settlement of certain litigation now pending, particularly the so-called Lebaudy claim, and an action instituted by the trustees in bankruptcy of the Hew York Real Estate Security Company for the recovery of $198,500 claimed as preference. The complaint in the latter matter was served December 24, 1915. Several important legal actions‘were decided in favor o f the company during the year following the determination o f the so-called Henkel and Morris cases, involving the enforcement o f preferential payments of dis puted classes o f deposits, the department secured a final adjudi cation of the action begun against the trust company by the Madison Trust Company and the nineteenth W ard Bank. The trust company at the time o f its failure held accounts approximating $700,000, constituting funds deposited with it as trustee under trust deeds to secure bond issues and similar special purposes. In no one o f these instances was the Carnegie Trust Company a trustee by judicial appointment. These claims were construed as being entitled to preferential payment under section 190 o f the Banking Law, and were paid in full in 1911, except the claims o f the Madison Trust Company for $195,000 and the Nineteenth Ward Bank for $124,000. The latter claims were con sequently rejected by the State Banking Department. Actions were then brought to recover them, the Nineteenth Ward Bank claim being assigned first to Henry Phipps and thereafter to John M. McGrath for the purpose o f suit. On the trial o f these actions the State Banking Department, 28 A n n u al R eport of th e while making it their main contention that no liability on behalf o f the Carnegie Trust Company arose by virtue of these trans actions, claimed, however, that if it were established that the Carnegie Trust Company had become trustee for the funds ob tained from the banks the claims were not entitled to a preference under section 190 o f the Banking Law. Supreme Court Justice Platzek, in March, 1914, rejected this contention and gave judg ment to the plaintiff for the full amount o f their claims, with interest, and also directed the 'Superintendent of Banks to make preferential payments of their judgments. The Department appealed to the Appellate Division, First D e partment, which unanimously decided that these claims were not entitled to preferential payments, sustaining the claim o f the Banking Department, that the word “ trustee” in section 190 of the Banking Law is applicable only to a trustee appointed by the courts o f this State. The judgments, however, were sustained by a majority of the court as general claims against the Carnegie Trust Company. Justice Scott, dissenting, held that no trust had been created and that the plaintiff’s remedies must be sought at law. Presiding Justice Ingraham, dissenting, held that the facts disclosed no liability whatsoever against the trust company. Ap peals were taken by both sides to the Court of Appeals, which affirmed the decisions o f the Appellate Division, making these claims general claims instead o f preferential claims, thus saving for the liquidation over $100,000. Another important action passed upon was that brought in 1912 by Jacques Lebaudy, who claimed to be entitled to $1,857,500 as a general creditor, and $392,682.50 as a preferred creditor. The action was tried last year before Supreme Court Justice Shearn who disallowed the general claim and gave judgment for Lebaudy as an ordinary or general creditor in the sum of $337,974.59. Lebaudy appealed and further brought on a motion to set aside the judgment, alleging the action had been tried contrary to his express directions. H e failed in this attempt and must now prosecute his appeal. Various other litigations were disposed of, so that on December 31, 1915, the amounts o f rejected claims aggregated $635,374, of which $589,000 was claimed as preferential as against $2,663,594 S u p e r in t e n d e n t o f B a n k s 29 of rejected claims on December 31, 1914, of which $767,616 were claimed as preferential. It will thus be seen that during the year the rejected claims were reduced to $2,028,220. The net amount o f allowed claims due general creditors ap pearing on the books of the company on December 31, 1915, were $3,944,415. From January 7, 1911, when the institution was closed, to December 31, 1915, less offsets, the gross amount of general claims allowed totaled $6,573,780. Unproved and unallowed claims appearing on the books o f the oompany on December 31, 1915, amounted to $328,105. Included in this amount is the Lebaudy claim for $319,925, which has been allowed by the Supreme Court o f this State as a general claim. However, as stated before, this matter is still pending in the courts. The trial o f the action brought by the Superintendent o f Banks to enforce the liability o f the stockholders has been delayed by the interposing of demurrers and numerous appeals, but it is expected that the action will be brought to trial the early part of 1916. F or like reason, the litigation in Tennessee is retarded. Note actions involving a substantial amount, as well as stock holders’ suits, are pending in that State. During the year several important sales were consummated, in cluding the sale for $100,000 in cash o f the trust company’s in terest in the Savannah, Augusta & Northern Railway Company, which road is located in Georgia. Taking as a basis the assets of the Carnegie Trust Company on January 7, 1911, the date on which the Superintendent o f Banks took possession, the percentage cost o f liquidation to December 31, 1915, is 3.503. B in g h a m t o n T rust C o m p a n y A n assessment o f 100 per cent, made by the Superintendent of Banks against the stockholders of this company has resulted in the collection to date of $101,855.70. A n action to recover the balance upon the capital stock o f $300,000 has been tried and submitted to the Supreme Court and it is expected that judgment against the stockholders will soon be secured. The action instituted by W illiam F. Gregory, as trustee in bankruptcy o f Knapp Bros., bankrupts, resulted in a judgment against the trust company o f $219,258.39. This judgment was 30 A n n u a l R eport oe t h e entered on May 25, 1914. A n appeal was talien to the Appellate Division o f the Supreme Court, Third Department, and the judg ment was affirmed unanimously by that court. An effort is now being made to bring this case before the Court of Appeals. Until this suit is finally adjudicated the payment of further dividends to creditors must be postponed. Persistent efforts to find a market for the coal mine owned by this liquidation, located at Belspring, Va., consisting o f approximately four thousand acres, have been without avail. The Binghamton Trust Company was closed on A pril 9, 1909, and has paid to creditors three dividends aggregating 70 per cent. The percentage cost o f this liquidation, covering collection of assets and payment o f dividends to the close of the year 1915, is 3.54. L a f a y e t t e T rust C o m p a n y During the past year, the Court o f Appeals decided in favor o f the Lafayette Trust Company certain litigation which hereto fore prevented bringing to trial the action against the stockholders to recover $500,000 upon their stock liability. Such action was also further delayed through the necessity of bringing in the repre sentatives of various deceased defendants. However, the case is now on the calendar o f the court and it is hoped to be reached for trial within a short time. Dividends aggregating 55 per cent, have been paid to its cred itors. Inasmuch as the greater part of the assets of this company consists o f real estate, or rights therein, and in view of the impos sibility o f disposing o f them except at a sacrifice under present real estate market conditions, it was impossible to declare an additional dividend during the past year. The Superintendent o f Banks took possession of this institution on November 30, 1908, and the percentage cost of liquidation up to the close o f the past year is 5.88. W ash in g to n S avings B a n k Notwithstanding the fact that there is a very narrow market for the class o f real properties held by this institution, two sales have been made recently which, when titles are closed, will permit the payment o f an additional dividend to the creditors. The action brought in behalf of the Northern Bank o f New S u p e r in t e n d e n t o p B a n k s 31 York, in liquidation, for the recovery o f mortgages held by the Washington Savings Bank, with an approximate face value of $69,923, has not been finally adjudicated. The decision o f the Supreme Court in this matter was in favor of the savings bank but an appeal was taken and it is intended to push with all possible speed the final disposition of this case. The Washington iSavings Bunk was taken ofer by this Depart ment on December 29, 1910. Three dividends aggregating 61 per cent, have thus far been paid. This institution has been liquidated up to the close of the past year at a percentage cost of liquidation o f 4.17. S ta te S avin g s B a n k of t h e C i t y of N e w Y ork As a result of the closing o f certain real estate sales during the past year, a fifth dividend o f 10 per cent, was paid to the creditors under date o f June 17, 1915, making a total of 54 per cent, de clared since the institution was closed on December 1, 1911. Every effort is being made to dispose o f the remaining real prop erties in order that further payments may be made. W hile the real estate market during the past year was very dull, it is hoped that during the ensuing twelve months opportunities to dispose of the remaining properties may be presented and final liquidation of the institution brought about. N e w Y ork M ortgage C o m p a n y On October 28th last the bondholders o f this company received a second dividend o f 21 per cent., making a total o f 33 per cent, paid to such bondholders, while the unsecured claimholders re ceived during the year a 7 per cent, dividend. Practically all the investments o f this company consisted mainly of vacant lots in Bergen county, New Jersey. Nearly all the mortgages have been foreclosed and the titles to the real estate obtained. A considerable number o f sales have already been made and it is expected that during 1916 practically all the assets will be disposed o f so as to permit the payment of further dividends. The New York Mortgage Company was closed on June 29, 1912. Its business was interwoven with that of the Industrial Savings and Loan Company and the Columbia Beal Estate Com pany, both o f which companies went into liquidation at the same time as the New York Mortgage Company. 32 A n n u al R epoet op th e T o tal D ividends P aid The following table shows the names o f closed institutions and private bankers, date o f suspension, number o f dividends paid, when payments were made to creditors and per cent, o f dividends p a id : Dividends paid N am e op I n s t it u t io n Date of suspension Per cent Date Lafayette Trust Company................................... Nov. 30, 1908 Harbor and Suburban Building and Savings Association........................................................ Mar. 13, 1909 Binghamton Trust Company.............................. April 9, 1909 Borough Bank of Brooklyn................................. European-American Bank................................... April 7, 1910 Aug. 6, 1910 Bank of Wayne.................................................... Nov. 9, 1910 Washington Savings Bank.................................. Dec. 28, 1910 Knickerbocker Savings and Loan Company---- May 20, 1911 1 2 3 4 5 May 1, 1909 Oct. 1, 1909 May 1, 1910 July 15, 1911 Aug. 11, 1913 1 Sept. 20, Sept. 1, Feb. 1, Sept. 1, Oct. 2, Dec. 21, Feb. 15, June 3, April 1, July 15, Mar. 19, May 15, Dec. 26, Oct. 22, Oct. 27, Dec. 1, Oct. 19, 1910 1909 1910 1910 1911 1910 1912 1913 1911 1911 1913 1911 1912 1914 1911 1911 1914 9.36 50 May Oct. June Aug. Mar. Feb. 1912 1913 1912 1913 1912 1913 18 25 42.63 7.37 80 9 1 2 3 1 1 2 3 1 2 3 1 2 3 1 2 3 10 20 10 10 5 10 10 10 60 15 6 50 25 15 50 8 3 25 15 8 Newmark-Dwinsker Co-operative Savings and July 13, 1911 Afro-American Investment and Building Company................................................................... July 13, 1911 Carnegie Safe Deposit Company........................ Sept. 23, 1911 Sea Cliff Bank...................................................... Nov. 23, 1911 1 2 1 2 1 2 Greenpoint Polish Co-operative Savings and Loan Association.............................................. Sept. 2, 1911 Woodhaven Bank................................................. Empire Savings and Loan Association............... State Savings Bank.............................................. Jan. 30, 1912 Feb. 16, 1912 Oct. 29, 1912 July 29, 1912 Dec. 1,1911 1 2 3 1 1 2 1 1 2 3 4 5 13, 7, 12, 11, 14, 10, April 4, 1912 May 9, 1912 Feb. 20,1914 May 5, 1913 April 7, 1913 Dec. 30, 1913 Oct. 22, 1914 Mar. 30, 1912 July 30, 1912 Oct. 5, 1912 Oct. 27, 1914 June 17,1915 20 12 28 * 75 10 10 15 15 10 4 10 S u p e r in te n d e n t op B a n k s 33 T o tal D ividends P aid — Concluded * Dividends paid N am e op Date of suspension I n s t it u t io n Per cent Date 1 2 3 1 2 3 April 17, Nov. 24, Nov. 15, May 26, Oct. 31, Oct. 29, 1911 1911 1915 1911 1912 1915 50 10 5 25 10 5 June 29, 1912 1 2 3 1 2 1913 1914 1915 1913 1914 1915 1915 15 10 10 June 29, 1912 Dec. Oct. Dec. Dec. Oct. Oct. Oct. Northern Bank of New Y ork............................. Dec. 27, 1910 Carnegie Trust Company.................................... Jan. Industrial Savings and Loan Company............. New York Mortgage Company.......................... 7, 1911 13, 26, 10, 13, 30, 28, 28, 12 21 7 tioo Jan. 15, 1912 P rivate B an ker s Max Kobre’s Bank, New York Branch............. Aug. 4, 1914 Max Kobre’s Bank, Brooklyn Branch............... Aug. 4, 1914 Adolf Mandel....................................................... Deutsch Bros........................................................ Aug. 3, 1914 July 31, 1914 L.W. Schwenk, successor to A. Grochowski and Company.......................................................... July 23, 1914 Abraham L. Kass................................................. * Nov. 23, 1914 Feb. 13, 1915 Nov. 30, 1914 1 2 1 2 1 1 2 Dec. Mar. Dec. Nov. Feb. Mar. Dec. 21, 21, 21, 29, 9, 1, 23, 1914 1915 1914 1915 1915 1915 1915 10 10 10 15 10 20 15 1 2 Dec. 16, 1914 Oct. 26, 1915 15 5 1 April 29, 1915 15 General creditors paid in full, t And interest. t Since the close of the year a 50 per cent dividend was ordered paid to the creditors of the Bank of Cape Vincent. 34 A n n u a l R eport of t h e D iv id e n d s D e c l a r e d D u r in g t h e Y e a r Dividends to creditors o f failed State institutions and private bankers in liquidation, totaling nearly $2,000,000 were declared during the year. In addition, dividends aggregating over $290,000, declared in the latter part of December, 1914, were disbursed in 1915; while since the close of the year an initial dividend of 50 per cent., or approximately $34,000, was ordered paid to the creditors o f the Bank o f Cape Vincent. The following table shows in detail the declaration of these dividends: State Savings Bank, declared June 17, 1915, 10 per cent....................... Estate cf L. W. Schwenk, declared October 26, 1915, 5 per cent.......... Estate of Deutsch Bros., declared December 23, 1915, 15 per cent. .. . Kobre, New York, declared March 22, 1915, 10 per cent....................... Industrial Savings and Loan Company, declared December 10, 1915, 10 per cent..................................................................................................... New York Mortgage Company, declared October 28, 1915, 21 per cent. New York Mortgage Company, declared October 28, 1915, 7 per cent.. Northern Bank, declared November 15, 1915, 5 per cent....................... Carnegie Trust Company, declared October 29, 1915, 5 per cent........ Carnegie Trust Company, supplemental second dividend..................... Carnegie Trust Company, supplemental first dividend........................... Carnegie Trust Company, preferred claims, first dividend..................... Estate of A. Mandel, declared February 8, 1915, 10 per cent............... Estate of A. L. Kass, declared May 3, 1915, 15 per cent....................... Kobre, Brownsville, declared November 9, 1915, 15 per cent............... $18,687 90 33,750 23 30,487 40 242,097 05 *239,475 36 1101,876 28 }850 90 286,916 47 328,692 57 34,521 03 86,302 11 4,500 00 184,297 07 170,945 77 163,487 30 Total............................................................................................................ $1,926,887 44 Estate of L. W. Schwenk, dividend declared on December 16, 1914, paid during February or March, 1915, 15 per cent................................ Estate of Deutsch Brothers, dividend declared on December 21, 1914, paid about March 1, 1915, 20 per cent................................................... Kobre, New York, dividend declared on December 21, 1914, paid during year 1915, 10 per cent.................................................................... Kobre, Brownsville, dividend declared on December 15, 1914, paid during year 1915, 10 per cent.................................................................... Total........................................................................................................ * Indicates amount paid to shareholders. t Indicates amount paid to bondholders and on outstanding check* t Indicates amount paid to general creditors. $101,250 69 40,693 23 111,502 56 36,571 70 $290,018 18* 35 S u p e r in t e n d e n t of B a n k s The following institutions have been dissolved or completed and final dividends p a id : Dividends paid N ame of Date of suspension I n s t it u t io n Per cent Date Union Dime Permanent Loan Association........ April 1,1909 1 2 3 4 Sept. 1, Dec. 21, Jan. 7, Mar. 31, 1910 1910 1913 1914 50 15 10 9 Completed March 31, 1914 Nineteenth Ward Co-operative Savings and Loan Association.............................................. | July 15,1909 Completed September 30, 1910 1 | Sept. 30, 1910 62.69 Williamsburgh Co-operative Savings and Loan Association........................................................ Aug. 19, 1909 Dissolved February 9, 1914 1 I Feb. 36.55 Birkbeck Investment, Savings and Loan Com pany of America...............................................| Deo. 27, 1912 Dissolved July 29, 1914 1 | July 29, 1914 | 100 Popular Banking, Savings and Loan Associa tion .................................................................... | Mar. 29, 1912 Dissolved October 20, 1914 1 | Oct. 20, 1914 I 9, 1914 286.2 C o n c l u s io n The detailed facts and figures set forth in the foregoing report indicate that, notwithstanding the large increase in the banking system of the State, there has gone hand in hand with that in crease in resources and liabilities a corresponding margin of safety, not only in the actual capital and surplus, but in the spirit o f co operation which has existed between this department and the bankers. The heads of the financial institutions, large and small, have continued their public spirited efforts in strengthening not only their own institutions, but in assisting the department and other members o f the banking community to bring about a situation which makes for safety and stability to depositors and stock holders alike. Respectfully submitted, E U G E N E LA M B R IC H A R D S Superintendent o f Banks APPENDIX [ 37] DETAILED STATEMENT OF THE Condition of the Savings Banks AND INSTITUTIONS FOR SAVINGS IN THIS STATE ON THE First Day of January, 1916, as Compiled from Their Reports to the Superintendent of Banks [THE BANKS ARE ARRANGED ALPHABETICALLY BY COUNTIES] [39] ALBANY COUNTY 1. A L B A N Y C IT Y S A V IN G S IN S T IT U T IO N , A L B A N Y [100 State s tr e e t; incorporated 1850] JOHN E. W ALKER, President. W ILLIA M S. HACKETT, Treasurer. GEORGE H. THACHER, Vice-President. FRANK H. W ILLIAM S, Asst. Treasurer. JAM ES W. COX, Vice-President. TRUSTEES JOHN E. W ALKER, JAM ES W. COX, GEORGE H. THACHER, A L B E R T HESSBERG, JONAS H. BROOKS, EDW ARD J. GALLIEN, P. N. BOUTON, W ILLIA M S. DYER, JOHN A. DELEHAN TY, CHARLES H. SABIN, C. L. A. W H ITN EY. W ILLIA M S. H ACKETT, F R E D ’ K W. KELLEY, W ILLIA M T. M AYER, FRAN K C. H ERRICK, E. PALM ER G A V IT, WM. J. NELLIS, HORACE S. BELL. FINANCIAL RESOURCES Bonds and mortgages................................................................................ $7,078,778 11 Stock and bond investments, viz.: Par value State o f C olorado................... $43,800 00 429,000 00 Cities in other States............ Cities in this State............ 555,600 00 Counties in this State......... 87,000 00 Towns in this State.............. 197,900 00 391,439 92 Villages in this State............ School districts in this State 229,300 00 Railroad mortgage bonds___ 2,225,000 00 S to c k s and bon ds $4,158,539 92 Banking actual Cash on Cash on Total of Amount Original Estimated cost market value $37,783 58 $33,341 00 450,800 91 433,785 00 579,452 30 556,812 10 91,417 07 88,800 00 204,932 50 202,769 27 399,781 46 399,240 43 237,819 37 235,994 68 2,471,881 55 2,261,445 00 $4,473,868 74 $4,212,187 48 .....■ ■■--------------------------- ■ --------------house and lot, book value, $105,000; cost, $155,000; cash value.................................................................................. deposit in banks or trust companies................................. hand............................................................................................... collectible interest................................. ................................... of all other assets, viz.: Accrued rents......................... 4,212,1 87 48 105,000 345,291 65,579 120,854 2,177 00 59 46 05 50 $11,929,868 19 L IA B IL IT IE S Amount due depositors, viz.: Principal ..................................................................................$11,192,532 78 Dividends credited or to be credited fo r the six months ending with December 31, 1915..,................. 215,069 84 ------------------ 11,407,602 62 Surplus on market value......................................................................... 522,265 57 $11,929,868 19 Surplus on par value, $468,618.01. CASH TRANSACTIONS DURING THE YEA R 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day.......................................................... From depositors, not including dividends credited...................... From interest on loans, deposits andinvestments...................... From rents from banking house.......................................................... [40] $661,155 2,5 5 5 ,6 0 3 553,837 13,103 99 50 09 20 A l b a n y C o u n ty From From From From 41 mortgages ....................................................................................... redemption of stocks and bonds............................................... stocks and bonds sold (total par value, $114,000.00).. all other sources, viz.: Profit on bonds sold...................... $272,056 55,899 111,854 1,168 46 61 40 65 $4 ,224,678 90 PAYM ENTS To depositors, including dividends paid to them........................ .. $2 ,781,782 92 823,000 00 For loans on bonds and mortgages..................................................... For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $172,000)........................................ 168,576 25 For interest (other than dividend payments to depositors) . . . 2,210 69 For current expenses of the bank, v iz.: F or salaries ........................................................................... F or t a x e s : Banking house, $3,638.35; surplus, $2,518.48; onmortgages, $445.25 ....................................... For expenses, except taxes, o f banking house : Repairs .............................................................................. In s u r a n c e .......................................................................... O t h e r .................................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. $16,120 00 6,602 08 2,107 32 380 21 5,141 39 7,881 99 Other payments, viz.: Cash short ................................................... Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 38,232 99 5 00 410,871 05 $4 ,224,678 90 STATISTICAL INFORMATION 14,379 Number of open accounts January 1, 1 9 1 6 ............................ .. 2,390 Number of accounts opened or reopened during the year........... 2,198 Number of accounts closed during the year........... ...................... Amount deposited during the year, not including dividends credited for that period..................................................................... $2,555,603 50 2,781,782 92 Amount withdrawn during the year................................................... Amount of dividends credited and paid for the year, viz.: July 1, 1915 ............................................................................. January 1, 1916 ...................................................................... $212,504 30 215,069 84 Average amount of each account January 1, 1916......................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915........................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................ Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 427.574 14 778 32 4 4 $555,320 93 38,237 99 427.574 14 89,508 80 42 R epoet on S avings B a n k s 2. ALBANY C O U N T Y S A V IN G S B A N K , A L B A N Y [88 State street; incorporated 1874] SETH W HEELER, President. WM. N. S. SANDERS, Treasurer. P. C. CURTIS, Vice-President. C. E. BYRON, Assistant Treasurer. WM. P. RUDD, Vice-President. HENRY H. KOHN, Secretary. TRUSTEES W ILLIA M P. RUDD, GEO. H. RUSSELL, FRED ERIC C. CURTIS, SETH W HEELER, WM. N. S. SANDERS, JOHN R. CARNELL, W ILLIA M SMITH, JOHN W. EMERY, JAM ES B. LYON, HENRY R. W RIGH T, MALCOLM S. FEAREY, WM. L. VISSCHER, JAM ES M ILW A IN . WM. A. W H EELER, CHAS. R. SUTHERLAND, GEORGE A. W H ITE N. B. VANDERZEE, RICH ARD STEPHENS, HENRY H. KOHN, FINANCIAL RESOURCES Bonds and mortgages...................... Stock and bond investments, viz.: $6 ,272,763 74 Par value State o f M assachusetts......... $250,000 00 207,000 00 Cities in other States............ Cities in this State............... 1,134,000 00 Counties in this State.......... 155,000 00 Villages in this State............ 11,000 00 School districts in this State 600 00 794,000 00 Railroad mortgage bonds___ S to c k s and bon ds $2,551,600 00 Original Estimated cost market value $260,417 50 $232,300 00 209,396 30 197,720 00 1,181,291 87 1,106,975 00 154,150 00 155,758 82 11,000 00 10,230 00 600 00 600 00 879,148 37 737,450 00 $2,697,612 86 $2,439,425 00 .. ■ > ............. ' ' Banking house and lot, book value, $225,000; cost, $225,000; actual cash value.................................................................................. 2,4 39,4 25 00 Cash on deposit in banks or trust companies............................. 463,006 79 Cash on hand............................................................................................. Total of collectible interest................................................................... Amount of all other assets, viz.: Short cash............................... 15,105 15 143,985 68 24 00 225,000 00 $9 ,559 ,31 0 36 L IA B IL IT IE S Amount due depositors, viz.: Other liabilities, viz.: Principal.......................................... Dividends accrued on deposits to January 1, 1916___ Expenses incurred, but u n p a id : A d v e r tisin g ....................................................................... Gas and electricity ...................................................... Sundry expenses ............................................................ $8 ,905,842 61 $86,594 72 482 54 48 20 8 95 -----------------Surplus on market value....................................................................... Surplus on par value, $678,508.34. 87,134 41 566,333 34 $9 ,559 ,31 0 36 — ...........—= ' " CASH TRANSACTIONS DURING THE YEAR 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day.......................................................... From depositors, not including dividends credited...................... From interest on loans, deposits and investments......................... From rents from banking house.......................................................... From m ortgages......................................................................................... From redemption of stocks and bonds............................................... From stocks and bonds sold (total par value, $5 2 ,0 0 0 ).............. $284,538 2,6 03,4 79 424,195 4,679 437,159 20,800 48,183 52 81 05 23 37 00 45 A l b a n y C o u n ty 43 From all other sources, viz.: Insurance remiums advanced Search advance......................... $98 38 6 00 -------- - $104 38 $3 ,823 ,13 9 81 PAYM ENTS To depositors, including dividends paid to them........................... $2 ,238,659 For loans on bonds and mortgages..................................................... 1,001,750 For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $ 7 9,00 0).......................................... 68,877 For interest (other than dividend payments to depositors) . . . 684 For current expenses of the bank, viz.: For salaries ............................................................... For taxes : Banking house, $2,984.57 ; surplus, $4,802.93 For expenses, except taxes, o f banking h o u se : R e p a ir s ................... In s u ra n ce .......................................................................... Other .................................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking h ou se.. 55 00 50 13 $16,241 66 7,787 50 515 37 16 08 2,968 17 7,459 53 34,988 31 Other payments, viz.: Insurance premiums advanced.......................................... Cash short ............................................................................. $48 38 20 00 68 38 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the d a y .. ............................................. 478,111 94 $3,823,139 81 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... 12,497 Number of accounts opened or reopened during the year........... 2,894 Number of accounts closed during the year.................................... 1,885 Amount deposited during the year, not including dividends credited for that period....................................................................... $2 ,603,479 81 Amount withdrawn during the year................................................. 2,238,659 55 Amount of dividends credited and paid for the year, viz.: April 1, 1915 ........................................................................... October 1, 1915 . . .................................................................... $162,017 12 167,682 37 Average amount of each account January 1, 1916......................... Rate per cent, of dividends to depositors during the six months ending April 1, 1915.............................................................................. Rate per cent, of dividends to depositors during the six months ending October 1, 1915......................................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915.................... ............. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 3i29,600 49 713 95 4 4 $433,310 76 34,812 60 329,699 49 68,798 67 R eport on S avin gs B a n k s 44 3. A L B A N Y E X C H A N G E S A V IN G S B A N K , A L B A N Y [450 B ro a d w a y ; incorporated 1856.] M ARTIN T. NACHTMANN, President. JOSEPH GUARDENIER, Treasurer. ALDEN CHESTER, Vice-President. LEM UEL B. W ILM A R TH , Asst. Treas. TRUSTEES JOHN J. GALLOGLY, M A TTH E W J. W ALLACE, JACOB S. FRIEDMAN, D. C. SLINGERLAND, ALDEN CHESTER, CH ARLES H. TURNER, JOHN A. BECKER, THOM AS E. FINEGAN, M. T. NACHTMANN, W. S. VAN DERZEE, LESTE R H. HELMES, F R E D ’ K W. CAMERON, A R TH U R T. PALM ER, JAM ES H. MEAD, JOSEPH GUARDENIER, W ALTE R S. M cEW AN , HUGH A. ARNOLD, GEORGE B. RUSSELL, FINANCIAL RESOURCES Bonds and mortgages............................................. Slock and bond investments, viz.: S to c k s and bonds Cities in other States.......... Cities in this State............ Counties in this State......... Towns in this S tate............ Villages in this State.......... School districts in this State Railroad mortgage bonds___ Par value $154,000 00 252,272 50 7,000 00 6,175 00 149,748 59 53,740 00 524,000 00 $1,146,936 09 Banking actual Cash on Cash on Total of $2,179,257 50 Original Estimated cost market value $165,120 18 $156,170 00 267,906 31 255,450 78 7,091 00 6,860 00 6,292 00 6,460 41 145,274 10 152,948 08 57,023 50 56,207 60 494,170 00 576,571 28 $1,233,120 76 $1,120,424 48 -------— - - --------- =-■ -house and lot, book value, $44,148.78; cost, $44,148.78; cash value................................................. ................................... deposit in banks or trust companies................................. hand................................................................................................ collectible interest..................................................................... 1 ,1 2 0 ,4 2 4 48 44,148 137,785 4,933 48,228 78 15 31 52 $3,534,777 74 L IA B IL IT IE S Amount due depositors, viz.: Principal.......................................... Other liabilities, viz.: Dividends accrued on deposits to January 1, 1916___ Expenses incurred, but unpaid : Taxes on Banking H ouse........................................ T ax on P ar Surplus accrued estim ated................... Elevator rent accrued.................................................... $3 ,269,102 39 $31,358 86 1,182 66 1,000 00 75 00 -----------------Surplus on market value.......................................................................... 33,616 52 232,058 83 $3 ,534 ,77 7 74 -------- Surplus on par value, $258,570.44. CASH TRANSACTIONS DURING THE YEA R 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................. From depositors, not including dividendscredited....................... From interest on loans, deposits and investments........................ From rents from banking h o u se ......................................................... From m ortgages......................................................................................... From redemption of stocks and b o n d s...'........................................ From all other sources, viz.: Cash over ................................................................................ Insurance premium advanced-refunded......................... Fire insurance settlem ent fo r damages by fire to furniture ............................................................................... $163,980 922,551 161,760 1,287 112,280 33,831 19 07 07 40 00 55 $1 69 13 50 19 00 -------------------------------------- 3419 $1,395,724 47 A l b a n y C o u n ty 45 PAYM ENTS To depositors, including dividends paid to them...................... For loans on bonds and mortgages..................................................... For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $49,675.00)................................. For interest (other than dividend payments to depositors) . . . For current expenses of the bank, viz.: For salaries ........................................................................... For taxes : Banking house, $1,047.62 ; surplus, $1,872.44 ; on mortgages, $394............................................................ F or expenses, except taxes, o f banking h o u se : Repairs . . ; ......................... ....... *.........................*........ Insurance . . .. ................................................................ Other ................................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. $970,789 10 214,280 00 48,873 51 677 03 $9,180 00 3,314 06 205 74 129 64 2,253 88 3,288 14 18,371 46 Other payments, viz.: Cash short ............................................................................. Insurance premium advanced ......................................... $1 41 13 50 14 91 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. 142,718 46 $1,395 ,72 4 47 STATISTICAL INFORMATION Number of open accounts January 1, 1916........................................ Number of accounts opened or reopened during the year........... Number of accounts closed during the year...................................... Amount deposited during the year, not including dividends credited for that period....................................................................... Amount withdrawn during the year................................................... Amount of dividends credited and paid for the year, viz.: A pril 1, 1915 ........................................................................... October 1, 1915......................................................................... $992,551 07 970,789 10 $62,488 59 62,299 76 Average amount of each account January 1, 1916...................... Rate per cent, of dividends to depositors during the six months ending March 31, 1915......................................................................... Rate per cent, of dividends to depositors during the six months ending September 30, 1915................................................................ Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 6,058 00 1,033 00 842 00 124.788 35 539 63 4 4 $163,037 85 18,606 50 124.788 35 19,643 00 46 R eport on S avin gs B a n k s 4. A L B A N Y S A V IN G S B A N K , A L B A N Y [20 North Pearl stre e t; incorporated 1820] MARCUS T. HUN, President. HENRY D. ROGERS, Treasurer. LEDYARD COGSWELL, Vice-Pres. ED W AR D J. TOOLE, Asst. Treasurer. THOS. I. VAN A N TW ERP, Vice-Pres. F R ED ER IC K TOWNSEND, Secretary. JOHN T. PE RR Y, Assistant Secretary. ' TRUSTEES MARCUS T. HUN, GRANGE SARD, LE DYARD COGSWELL. CLARENCE RATHBONE, E DW ARD BOW DITCH, EDW ARD M. MCKINNEY, BENJAM IN W. ARNOLD, F R E D ’K TOWNSEND, JAM ES F. TRACY, E. N. HUYCK, G E R R IT Y. LANSING, WM. V. R. ERVING, T. I. VAN AN TW ERP. HENRY M. SAGE, LU TH ER H. TUCKER, ROBERT C. PRUYN, OSCAR L. HASCY. FINANCIAL RESOURCES Bonds and mortgages.............................................. Stock and bond investments, viz.: Par value State o f M assa ch u setts......... $50,000 00 Cities in other States.......... 2,080,000 00 Cities in this State............... 2,213,658 40 Counties in this State............ 992,204 43 Villages in this S tate............ 25,000 00 School districts in this State 16,200 00 Railroad mortgage bonds .. 8,089,500 00 S to c k s and bon ds $ 13, $21,516,648 00 Original Estimated cost market value $55,169 00 $46,000 00 2,268,825 73 2,036,110 00 2,148,959 96 2,361,158 76 977,242 39 1,054,840 97 27.100 00 24,850 00 17.100 00 16,129 00 8,576,520 04 7,201,215 00 466,562 89 $ 14, 360,714 50 $ 12, 450,506 35 — — - ~■ ■ — — = 12,450,506 35 Banking house and lot, book value, $225,000; cost, $395,939.30; actual cash value.................................................................................. 225,000 00 Other real estate, book value, $492,185.42; cost, $494,740.93; actual cash value.................................................................................. 433,000 00 Cash on deposit in banks or trust companies............. ............. 2,621,933 01 Cash on hand ............................................................................................. Total of collectible interest...................... ............................................ Amount of all other assets, viz.: Rent accrued............................. 84,930 41 290,689 12 630 00 $37,623,336 89 L IA B IL IT IE S Amount due depositors, v iz.: Principal ................................................................................. $34,752,717 24 Dividends credited or to be credited fo r the six months ending with December 31, 1915........................ 671,442 65 — -------------- $35,424,159 89 Surplus on market value......................................................................... 2,199,177 00 $37,623,336 89 Surplus on par value, $3,215,233.54, CASH TRANSACTIONS DURING THE YEA R 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................ $2,471,494 64 From depositors, not including dividends credited.................... 6,849,991 56 From interest on loans, deposits and investments...................... 1,672,287 13 From rents from other real estate..................................................... 20,125 51 From mortgages ....................................................................................... 1,424,707 00 From redemption of stocks and bonds........................ 520,852 82 From stocks and bonds sold (total par value, $ 1 0,00 0)........... 10,073 90 From real estate sold .............................................................................. 150,000 00 A l b a n y C o u n ty 47 From all other sources, viz.: A ppraisal fees refunded ................................................... Insurance premiums, taxes and other expenses......... Cash over ................................................................. ............. Sale o f old m aterial.............................................................. $25 9,274 10 1 00 87 00 00 ------------------ $9,310 87 $13,128,843 43 PAYM ENTS To depositors, including dividends paid to them......................... $7,061,584 23 2 ,5 0 6 ,2 0 0 00 For loans on bonds and mortgages................................................... For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $200,400)............................... 203,079 91 For interest (other than dividend ipayments to depositors).. 603 23 For current expenses of the bank, viz.: F or salaries ........................................................................... F or ta x e s : Banking house, $6,588.95 ; surplus, $17,501.74 ................................................................................ F or expenses, except taxes, o f banking house : R e p a ir s .............................................................................. O t h e r ............ F or expenses o f other real estate, v i z .: Repairs ............................................................................. Insurance ......................................................................... Taxes ................................................................................. Other ................................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking hou se... $45,736 73 24,090 69 1,725 98 4,588 44 3,615 961 4,438 3,869 25 33 24 76 14,416 70 103,443 12 For real estate acquired by foreclosure, or in settlement of debts due the bank................................................................................ Other payments, viz.: Cash short ............................................................................. Dividends paid depositors but not credited................. Taxes and other expenses advanced................................ Payment o f old d ra ft........................................................... $55 3 9,256 7 537,747 83 00 06 60 03 -------------Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 9,321 69 2,706,8 63 42 $13,128,843 43 STATISTICAL INFORMATION 52,538 Number of open accounts January 1, 1916...................................... Number of accounts opened or reopened during the year......... 7,445 Number of accounts closed during the year.................................. 6,557 Amount deposited during the year, not including dividends credited for that period..................................................................... $6,849,991 56 Amount withdrawn during the year................................................. 7,061,5 84 23 Amount of dividends credited and paid for the year, viz.: July 1, 1915 ........................................................................... January 1, 1916 .-................................................................ Paid but not credited.......................................................... $661,264 45 671,442 65 3 06 1,332,7 10 16 Average amount of each account January 1, 1916.................... 674 25 Rate per cent, of dividends to depositors during the six months ending June 30, 1915.......................................................... 4 Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................. 4 Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. $1,657,463 63 Total expenses of the bank for the year 1915............................... 112,764 81 Dividends paid to depositors for the year 1915............................. 1,332,707 10 Net earnings for the year 1915 over expenses and dividends 211,991 72 paid to depositors................................................................................ 48 R eport on S avings B a n k s 5. COHOES S A V IN G S IN S T IT U T IO N , COHOES [65 Remsen stre e t; incorporated 1851] GEORGE H. MCDOWELL, President. JAMES A B LE T T , Vice-President. GEO. R. W ILSDON, Vice-President. CHARLES R. FORD, Treasurer. TRUSTEES HENRY A. STRONG, GEO. H. MCDOWELL, JAMES W. A B LE TT, GEORGE R. W ILSDON. GEORGE A. H ARPER, JOHN W. KLIN E, JAM ES A IT K E N , JOHN LAUGHLIN, M E R R IT T D. HANSON, W IL L IA M D. BOSW ELL, CH ARLES R. FORD, IS A IA H FELLOW S, JOHN F. SCOTT, JAMES S. CALKINS, JOHN F. M cG ARRAH AN , CHARLES L. M ITC H ELL, W ILLIA M J. E L LIO TT, NAPOLEON FAVREAU. FINANCIAL RESOURCES Bonds and mortgages................................................................................ $1,659,486 00 Stock and bond investments, viz.: S to c k s an d bon ds State o f New Y ork.............. State o f C alifornia.............. Cities in other States......... Cities in this State.............. Counties in this State.......... Towns in this State............... Villages in this State............... Railroad mortgage b o n d s .... Par value $50,000 00 20,000 00 499,000 00 663,466 42 40,000 00 20,000 00 133,63500 545,000 00 $1,971,101 42 Original Estimated cost market value $53,181 25 $54,20000 19,181 40 19,20000 524,517 29 500,17000 671,028 57 651,85916 44,955 25 39,85000 20,121 00 19,48000 141,460 82 130,84719 545,749 75 472,30000 $2,020,195 33 $1,887,906 35 - ■ =— ----------- ' Banking house and lot, book value, $25,000; cost, $55,770.49; actual cash value ..................................................................... . . . . . Cash on deposit in banks or trust companies............................... Cash on hand ............................................................................................. Total of collectible interest................................................................... Amount of all other assets, viz.: New York State barge canal judgm ent...................................................................................... I .......... 1,887,906 35 25,000 00 113,171 30 7,782 81 33,221 92 4,956 76 $3,731,525 14 L IA B IL IT IE S Amount due depositors, viz.: P rincipal ................................................................................. $3,386,980 89 Dividends credited or to be credited fo r the six months ending with December 31, 1915...................... 65,301 94 ------------------ $3,452,282 83 Surplus on market value ....................................................................... 279,242 31 $3 ,731,525 14 Surplus on par value, $362,437.38. CASH TRANSACTIONS DURING THE YEA R 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................. From depositors, not including dividends credited...................... From interest on loans, deposits andinvestm ents................ From rents from other real estate.................................................... From m ortgages......................................................................................... From redemption of stocks and bonds............................................ From stocks and bonds sold(totalpar value$82,500')............. From real estate sold.............................................................................. From all other sources, viz.: Attorneys fees returned.................. $165,287 676,424 167,846 144 119,132 55,977 83,047 8,905 24 14 89 65 33 00 00 57 22 80 $1,276,789 60 A l b a n y C o u n ty 49 PAYM EN TS To depositors, including dividends paid to them........................ For loans on bonds and mortgages..................................................... For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $195,000)................................. For interest (other than dividend payments to depositors) . . . For current expenses of the bank, viz.: For salaries .......................................................................... For ta x e s : Banking house, $159.62; surplus, $2,241.89 .................................................................................. F or expenses, except taxes, o f banking h o u se : Repairs .............................................................................. Insurance ......................................................................... Other . . .•......................................................................... F or expenses o f other real estate, v i z .: Insurance .......................................................................... Taxes ................................................................................. F or other expenses, not including expenses o f other real estate nor other expenses o f hanking h o u se ... $746,142 05 187,325 00 198,195 72 2,128 39 $7,150 00 2,401 51 806 32 95 59 333 92 65 41 51 59 2,523 08 13,427 42 For real estate acquired by foreclosure, or in settlement of debts due the bank .............................................................................. Other payments, v iz.: N. Y. State barge canal judgment........... Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day.................... ............................ 3,6 60 15 4,956 76 120,954 11 $1,276,789 60 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... Number of accounts opened or reopened during the year......... Number of accounts closed during the year................................. .. Amount deposited during the year, not including dividends credited for that period............................................ •........... : . . .. Amount withdrawn during the year................................................. Amount of dividends credited and paid for the year, viz.: July 1, 1915 ............................................................................. January 1, 1916 .................................................................... $64,614 53 65,301 94 Average amount of each account January 1, 1916......................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................ Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915............................... Dividends paid to depositors for the year 1915........................... Net earnings for the year 1915 over expenses and dividends paid to depositors ................................................................................ 7,851 1,178 1,045 $676,424 89 746,142 05 129.916 47 439 72 4 4 $164,295 07 13,427 42 129.916 47 20,951 18 50 R eport on S avin gs B a n k s 6. H O M E S A V I N G S B A N K OF T H E C I T Y OF A L B A N Y , A L B A N Y [13 North Pearl stre e t; incorporated 1871] D AVID A. THOMPSON, President. WM. F. HOURIGAN, Treasurer. SAMUEL L. MUNSON, Vice-President. ARTH U R H. GEER, Asst. Treasurer. HOW ARD N. FU LLER, Vice-President. J. EDW ARD POOLE, Secretary. TRUSTEES THOM AS AUSTIN, D A V ID A. THOMPSON, 'SAMUE L. MUNSON, HENRY RUSSELL, W ILLIA M SAYLES, M. W. TEBBU TT. SAMUEL C. WOOSTER, W IL L IA M MCDONALD, HOW ARD N. FULLER, THOM AS R. W ARD. J r ., H ILD R E TH J. ACKROYD. J. ED W AR D POOLE, W. W. BATCH ELDER, GEO. W. VAN SLYKE, SILAS SPORBORG, WM. F. HOURIGAN, FINANCIAL RESOURCES Bonds and mortgages................................................................................ Stock and bond investments, viz.: Par value $20,200 00 39,304 00 30,000 00 25,000 00 35,000 00 584,333 38 338,090 60 11,000 00 136,665 24 413,012 03 503,760 23 961,000 00 S to c k s and bon ds State o f Colorado ............... State o f Tennessee ............... State of New M exico.......... State o f Oklahoma ............ State o f California ............ Cities in other States......... Cities in this State............... Counties in this S tate........ Towns in this State............ Villages in this State........ School districts in this State Railroad mortgage bonds .. $3,097,365 48 $6,324,814 43 Original Estimated cost market value $15,554 00 $20,200 00 40,232 81 40,283 12 30,700 00 30,482 40 24,937 50 25,250 00 34,133 50 33,950 00 609,763 56 592,343 52 355,737 25 340,065 40 10,863 44 10,940 00 141,055 00 138,880 22 426,132 98 416,773 19 520,839 68 514,367 80 970,016 26 871, 695 00 $3,184,394 38 $3,030,802 25 ------ ■ — — -------------- -Banking bouse and lot, book value, $100,000; cost, $100,987.57; actual cash value ................................................................................ Cash on depositinbanksor trust companies..................................... Cash on hand............................................................................................ Total of collectible interest...................................................................... Amount of all other assets, viz.: A ccrued rents ........................................................................ Insurance premiums advanced.......................................... 3 ,0 30,8 02 25 100,000 468,728 6,757 86,812 00 56 92 89 $1,024 99 54 00 -------------------------------------- 1,078 99 $10,018,995 04 L IA B IL IT IE S Amount due depositors, viz.: Principal ................................................................................. $9,272,352 37 Dividends credited or to be credited fo r the six months ending with December 31, 1915...................... 176,868 56 ------------------ $9,449,220 93 Other liabilities, viz.: Dividends accrued on deposits to January 1, 1916 — Expenses incurred, but u n p a id : E lectric light ..................................................................... Gas ........................................................................................ E lectric power fo r elevator ........................................ Advertising ................................................................... $402 34 29 9 25 120 70 80 00 06 Surplus on market value................................................. 586 90 569,187 21 $10,018,995 04 Surplus on par value, $514,254.68. CASH TRANSACTIONS DURING THE YE A R 1915 R E C E IPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors,not including dividends credited........................ From interest on loans, depositsandinvestments......................... From rents from banking house........................................................ From mortgages ........................................................ $447,492 2 ,1 15,6 83 479,050 7,093 456,617 35 10 89 32 00 A l b a n y C o u n ty 51 From redemption of stocks and bonds.................. From real estate sold................................................. From all other sources, viz.: Appraisal expenses refunded ................................. Sale o f old paper and brass.................................... Recovery on checks..................................................... Taxes and insurance premiums refunded............. Rebate on insurance on Glens Falls real estate. $223,586 91 3,000 00 $1,105 9 380 49 14 62 55 00 34 10 ------------ 1,558 61 $3,733,882 18 PAYM ENTS To depositors, including dividends paid to them........................... $2,316 ,34 4 For loans on bonds and mortgages..................................................... 615,991 For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $282,200).................................... 279,198 For interest (other than dividend payments to depositors) . 3,778 For current expenses of the bank, viz.: For salaries ......................................................................... Assessment for new sidewalks on No. Pearl St., Albany, N. Y....................................................................... F or ta x e s : Banking house, $2,400.36 ; surplus, $4,498.43 ; on mortgages, $213.50...................................... F or expenses, except taxes, o f banking h o u s e : Repairs .............................................................................. Insurance ......................................................................... Other ................................................................................. For expenses o f other real estate, v i z .: Taxes ................................................................................ Other ............................................................................... F or other expenses, not including expenses o f other real estate nor other expenses o f banking h o u se ... 70 68 53 25 $17,845 00 177 23 7,112 29 797 34 244 75 3,732 63 58 29 55 57 7,757 74 37,780 84 For real estate acquired by foreclosure, or in settlement of debts due the bank................................................................................ Other payments, viz.: E rror in reckoning interest on deposits....................... Costs, referee’s fees on foreclosure................................ Insurance premiums on mortgaged prop erty.............. Addressograph and equipm ent............................................ Steel boxes and shelves fo r storage vau lts................... $3 27 127 85 71 50 235 33 228 00 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 4,635 75 665 95 475,486 48 $3,733,882 18 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... 13,406 Number of accounts opened or reopened during the year. . . . 2,214 Number of accounts closed during the year...................................... 1,813 Amount deposited during the year, not including dividends credited for that period....................................................................... $2,115,683 10 Amount withdrawn during the year................................................. 2,3 1 6 ,3 4 4 70 Amount of dividends credited and paid for the year, viz.: July 1, 1915 ........................................................................... January 1, 1916 ................................................................... Credited at other periods................................................. $174,162 77 176,868 56 1,719 58 Average amount of each account January 1, 1916............. .......... Rate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................................ Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915............................... Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors................................................................................ 352.750 91 704 85 4 4 $481,612 56 37,964 59 352.750 91 90,897 06 R eport on S avings B a n k s 52 7. M E C H A N IC S & F A R M E R S S A V IN G S B A N K , A L B A N Y [63 State street ; incorporated 1855] DUDLEY OLCOTT, President. ROBERT OLCOTT, Treasurer. CHARLES NEWMAN, Vice-President. IRA F. JAGGER, Assistant Treasurer. CLARENCE W. STEVENS, Secretary. TRUSTEES DUDLEY OLCOTT, CHARLES NEWMAN, D AN IEL LEONARD, ROBERT OLCOTT, JAMES M cCREDIE, NATHAN HATCH, PA RK ER CORNING, W IL L A R D M. DOUGLAS, ISAAC D. F. LANSING, A . PAGE SMITH, CHARLES H. DOUGLAS, JOHN T. NORTON, W ALTE R L. PALM ER. FINANCIAL RESOURCES $809,682 21 Bonds and mortgages............................................... Stock and bond investments, viz.: S to c k s and bon ds State o f State o f Cities in Cities in Counties Railroad New Y ork.......... Massachusetts . other States___ this State........ in this S ta te... mortgage bonds Par value $25,000 00 25.000 00 502,000 00 527,717 37 15.000 00 646,500 00 $1,741,217 37 Estimated Original market value cost $25,095 40 $25,500 00 22,250 00 25,375 00 532,272 25 491,500 00 495,880 20 548,970 57 14,810 00 15,000 00 592,105 00 711,540 50 $1,858,253 72 $1,642,045 20 1,642,0 45 20 199,881 08 30,359 67 Cash on deposit in banks or trust companies Total of collectible interest............................... $2,681,968 16 L IA B IL IT IE S Amount due depositors, viz.: Principal.......................................... $2,273 ,25 8 16 Other liabilities, viz.: Dividends accrued on deposits to Janu ary 1, 1916, estimated......................................................................... 20,757 00 Surplus on market value....................................................................... 387,953 00 $2 ,681,968 16 Surplus on par value, $487,125.17. CASH TRANSACTIONS DURING THE YEA R 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividends credited...................... From interest on loans, deposits and investments........................ From mortgages ....................................................................................... From redemption of stocks and bonds............................................... $207,601 435,042 112,893 40,262 21,000 34 30 54 35 00 $816,799 53 PAYM ENTS To depositors, including dividends paid to them........................... For loans on bonds and mortgages..................................................... For current expenses of the bank, viz.: For salaries .......................................................................... For ta x es: surplus, $3,481.03 ............................................. For rent o f banking room s............................................... F or other expenses, not including expenses o f other real estate nor other expenses o f banking hou se.. $3,850 00 3,481 03 3,000 00 664 44 -----------------Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day........................................ $522,316 44 83,606 54 10,995 47 199,881 08 $816,799 53 A l b a n y C o u n ty 53 STATISTICAL INFORMATION Number of open accounts January 1, 1916........................................ Number of accounts opened or reopened during the year......... Number of accounts closed during the year.................................... Amount deposited during the year, not including dividends credited for that period..................................................................... Amount withdrawn during the year................................................. Amount of dividends credited and paid for the year, viz.: A pril 1, 1915 ......................................................................... October 1, 1915 ........................................................................ $435,042 30 522,316 44 $42,890 26 42,788 77 Average amount of each account January 1, 1916......................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................................ Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................. Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts........................... Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 4,119 461 524 85.679 03 551 89 3y2 & 4 31/2 & 4 $109,788 59 10,995 47 85.679 03 13,114 09 R eport on S ayin g s B a n k s 54 8. M E C H A N IC S ’ S A V IN G B A N K , COHOES [89-91 Reinsen s tre e t; incorporated 1873] RODNEY W ILCOX, President. JAM ES S. CLUTE, Treasurer. HUGH GRAHAM, Vice-President. G. W. HUM PHREYS, Secretary. GEORGE OLIVER, Vice-President. TRUSTEES RODNEY W ILCOX, C. J. GRIFFIN , FRAN K TESSIER, EDW ARD FOLEY, JAM ES S. CLUTE, Jo h n e . Ma c l e a n , G. W. HUM PHREYS, WM. B. LE ROY, HUGH GRAHAM, * GEORGE OLIVER, 2: W IL L IA M E. THORN, $ AN DREW SCOTLAND, RIC H A R D BOLTON, JOHN F. REAVY, JAY GILB E RT, THOS. H. SPRAGUE, HENRY L. SHAVER, S. T. PAGE. FIN AN CIAL RESOURCES Bonds and mortgages........................ Stock and bond investments, viz.: S to c k s and io n d s Cities in other States......... Cities in this State............. Towns in this S tate............. Villages in this State.......... School districts in this State R ailroad mortgage bonds .. $1 ,003,265 00 Par value $59,500 128,340 14,780 87,200 10,000 304,000 00 00 00 00 00 00 $603,820 00 Original Estimated market value cost $63,968 75 $60,715 00 131,344 48 127,369 10 14,645 90 • 14,517 80 90,632 57 88,489 00 11,284 00 10,430 00 292,796 00 252,650 00 $604,671 70 $554,170 90 554,170 90 Other real estate, book value, $12,900; cost, $13,738.57; actual cash value ................................................................................................ Cash on deposit in banks or trust companies................................. Cash on hand................................................................................................ Total of collectible interest..................................................................... Amount of all other assets, viz.: New York State barge canal judgments ................................................................................................ 12,900 91,226 18,262 29,055 00 18 59 16 5,678 97 $1 ,714,558 $0 L IA B IL IT IE S Amount due depositors, viz.: Principal ................................................................................. $1,572,818 97 Dividends credited or to be credited fo r the six months ending with December 31, 1915...................... 30,072 40 ------------------ $1,602,891 37 111,667 43 Surplus on market value......................................................................... $1 ,714,558 80 Surplus on par value, $161,316.53. CASH TRANSACTIONS DURING THE YEA R 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividends credited......................... From interest on loans, deposits andinvestments........................... From rents from other real estate...................................................... From mortgages ....................................................................................... From redemption of stocks and bonds............................................... From stocks and bonds sold (totalpar value,$3 6,50 0).............. From real estate sold............................................................................... $117,412 366,091 76,849 678 43,115 7,3 80 33,921 1,800 90 65 76 85 00 00 76 00 $647,249 92 A l b a n y C o u n ty 55 PAYM EN TS To depositors, including dividends paid to them............................. For loans on bonds and mortgages..................................................... For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $ 4 3,24 9)............................................ For interest (other than dividend payments to depositors) . . . . For current expenses of the bank, viz.: For F or For F or salaries .......................................................................... * taxes: Surplus, $683.38 ; on mortgages,$59. rent o f banking room s............................................... expenses o f other real estate, viz. : Repairs .............................................................................. Insurance ......................................................................... Taxes ................................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. $360,868 55 109,400 00 41,134 38 569 92 $3,950 00 92238 1,200 00 88 37 24 15 42 52 1,631 91 For real estate acquired by foreclosure, or in settlement of debts due the bank................................................................................ Other payments, viz.: New York State barge canal judgments purchased .................................................................................................. Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. 7,859 33 12,250 00 5,678 97 109,488 77 $647,249 92 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... Number of accounts opened or reopened during the year........... Number of accounts closed during the year...................................... Amount deposited during the year, not including dividends credited for that period....................................................................... Amount withdrawn during the year................................................... Amount of dividends credited and paid for the year, viz.: July 1, 1915 ........................................................................... January 1, 1916 ..................................................................... $366,091 65 360,868 55 $29,552 48 30,072 40 Average amount of each account January 1, 1916......................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................................ Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 3,052 548 450 59.624 88 525 19 4 4 $77,798 67 7,859 33 59.624 88 10,314 46 R eport on S avin gs B a n k s 56 9. T H E N A T I O N A L S A V I N G S B A N K OF T H E C I T Y O F A L B A N Y , A L B A N Y [70-72 State street; incorporated 1868] JAM ES H. MANNING, President. FRED ERIC B. STEVENS, Treasurer. CHARLES GIBSON, Vice-President. RAYMOND E. CROUNSE, Asst. Treas. EDW ARD J. HUSSEY, Vice-President. TRUSTEES JAM ES II. MANNING, JONAS M UHLFELDER, CHAS. J. BUCHANAN, H ARRY C. CUSHMAN, W. M. W OODWARD, CHARLES GIBSON, EDW ARD J. HUSSEY, JAM ES F. MAAS. FR AN K SHERMAN, SYDNEY T. JONES, JAM ES C. FARR E LL, THOMAS A. HORTON, CHARLES I. OLIVER, EDW IN L. DRAPER, FR ED ERIC B. STEVENS, EDGAR M. HAINES, CHARLES M. STUART. FINANCIAL RESOURCES Bonds and mortgages................................................................................ $8,576,867 GO Stock and bond investments, viz.: Par value State o f New Y ork................... $50,000 00 181,000 00 State o f Louisiana .............. Cities in other States......... 641,250 00 Cities in this State.............. 1, 070,450 00 116,000 00 Counties in this State......... 134,300 00 Towns in this S tate............ Villages in this State.......... 570,200 00 School districts in this State 86,025 00 Railroad mortgage bonds .. 1,294,000 00 S to c k s and bonds $4,143,225 00 Original Estimated market value cost $53,562 50 $56,000 00 179,239 75 191,800 00 667,713 19 650,953 75 1,106,818 68 1,100,896 25 119,361 10 117,800 00 138,353 22 136,085 50 584,619 48 579,252 75 87,455 70 86,485 37 1,281,284 43 1,211,815 00 $4,218,408 05 $4,131,088 62 4,1 31,0 88 62 Banking house and lot, book value, $145,000; cost, $151,386.46; actual cash value........................ ......................................... Other real estate, book value, $16,488.68; cost, $16,738.68; 145,000 00 actual cash value....................................................................... Cash on Cash on Total of Amount 16,488 992,576 31,432 151,200 deposit in banks or trust companies.................................. hand ............................................................................................. collectible interest..................................................................... of all other assets, viz.: Suspense account, income tax w ithheld...................... New York State barge canal judgm ents...................... 68 07 04 54 $80 77 5,050 13 5,130 90 $14,049,783 85 L IA B IL IT IE S Amount due depositors, viz.: ’■ Principal ................................................................................. $12,992,453 40 Dividends credited or to be credited for the six months ending with December 31, 1915...................... 251,962 04 ------------------ $13,244,415 44 Other liabilities, viz.: Suspense account, income ta x .................. 80 77 Surplus on market value ....................................................................... 805,287 64 Surplus on par value, $817,424.02. $14,049,783 85 1 ■ ~ -- CASH TRANSACTIONS DURING THE YEA R 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividends credited...................... From interest on loans, deposits and investments...................... From rents from other real estate........................................................ From mortgages , ...................................................................................... From redemption of stocks and bonds............................................. From stocks and bonds sold (total par value, $532,125) . . . . . . . From real estate sold................................................................................ $999,694 2,9 6 8 ,7 9 9 646,353 400 1,012,832 140,446 531 084 21,454 72 27 71 00 50 22 60 27 A l b a n y C o u n ty 57 From all other sources, viz.: Sundry credits ..................................................................... Cash over .............................................................................. Profit on bonds sold........................................................... Difference between book and par value o f bonds paid Profit on sale o f real estate............................................. Rebate on insurance prem ium .......................................... $48 40 25 53 42 73 70 20,404 3 45 23 $20,526 03 $6,341,591 32 PAYM ENTS To depositors, including dividends paid to them........................... $3 ,162 ,75 3 1 ,2 27,6 40 For loans on bonds and mortgages..................................................... For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $831,275).................................. 849,646 For interest (other than dividend payments to depositors) .. 6,348 For current expenses of the bank, viz.: For salaries .......................................................................... For ta x e s : Banking bouse, $2,817.94 surplus, $6,300.81; on mortgages, $79.50....................................... F or expenses, except taxes, o f banking house : Repairs . . ....................................................................... Insurance ......................................................................... O t h e r .................................................................................. For expenses o f other real estate, v i z .: Repairs .............................................................................. Insurance ......................................................................... Taxes ................................................................................ Other .................................................................................. For other expens.es, not including expenses o f other real estate nor other expenses o f banking house.. 62 00 32 06 $22,711 60 9,198 25 1,404 90 20 62 941 24 442 87 33 75 326 54 12 50 9,535 70 44,627 97 For real estate acquired by foreclosure, or in settlement of debts due the bank.............................................................................. Other payments, viz.: Sundry charges ................................................................... Cash short ........................................................................... New York State barge canal judgm ents purchased.. 21,454 27 $57 84 5 00 5,050 13 5,112 97 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. 1,024,008 11 $6,341,591 32 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... 17,663 3,166 Number of accounts opened or reopened during the year......... Number of accounts closed during the year..................................... 3,080 Amount deposited during the year, not including dividends credited for that period..................................................................... $2 ,968 ,79 9 27 Amount withdrawn during the year................................................... 3,162,7 53 62 Amount of dividends credited and paid for the year, viz.: July 1, 1915 ........................................................................... January 1, 1916 ..................................................................... $248,451 96 251,962 04 Average amount of each account January 1, 1916.................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................ Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915......................... Net earnings for the year 1915 over expenses and dividends paid to depositors ................................................................................ 500.414 00 749 66 4 4 $631,046 04 44,627 97 500.414 00 86,004 07 BRONX COUNTY 10. THE B R O N X S A V IN G S B A N K , N E W YORK C IT Y [429 Trem ont avenue; incorporated 1906] W ILLIA M B. AITKEN, President. W ILLIA M E. STEVENS, Treasurer. JOHN F. HOLMES, Vice-President. WM. J. CUNNINGHAM, Asst. Treas. CHAS. H. SCHUMANN, Vice-President. F. B. A LLIN , Secretary. L. W ETM ORE, Vice-President. T. A. TASSO FISCH ER, Comptroller. TRUSTEES W IL L IA M B. A ITK E N , F. BREVOORT ALLIN , CLIFTON B. BULL, WM. I. BROWN, NELSON F. GRIFFIN , JOHN F. HOLMES, CHAS, F. SCHUMANN, W ILLIA M E. STEVENS, A L B E R T E. COLFAX, JOHN S. SUTPHEN, J. OSTRAM TAYLOR. LIVINGSTON W ETM ORE, T. TASSO FISCH ER, W A L T E R S. W ILSON, THOS. A. NOSWORTHY, WM. L. DENNIS, FINANCIAL RESOURCES Bonds and mortgages.......................................... Stock and bond investments, viz.: Par value $53,000 00 108,000 00 10,000 00 180,000 00 S to c k s and bon d s Cities in other States......... Cities in this State............ Villages in this State........ Railroad mortgage bonds .. $351,000 00 $848,631 42 Estimated Original market value cost $53,670 00 $54,687 75 106,560 00 108,338 86 10,000 00 10,519 81 169,545 00 183,726 84 $355,273 26 $339,775 00 339,775 00 Other real estate, book value, $12,400; cost, $13,057.98; actual cash value .................................................................................. Cash on deposit in banks or trust companies............................... Cash on hand ............................................................................................. Total of collectible interest..................................................................... Amount of all other assets, viz.: Vaults and fixtures............. 12,400 103,016 18,306 12,429 1,400 00 41 19 45 00 $1,335,958 47 L IA B IL IT IE S Amount due depositors, viz.: Principal .................................................................................$1,295,889 24 Dividends credited or to be credited fo r the six months ending with December 31, 1915.................... 19,133 80 ------------------ $1,315,023 04 Surplus on market value......................................................................... 20,935 43 $1,335,958 47 Surplus on par value, $32,160.43. CASH TRANSACTIONS DURING THE YEAR 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividends credited...................... From interest on loans, deposits and investments......................... From mortgages ......................................................... From redemption of stocks and bonds............................................... From stocks and bonds sold (total par value, $ 3 9,00 0)........... From real estate sold............... [58] $99,515 743,026 59,806 6,143 1,500 39,286 6,000 58 32 13 58 00 75 00 59 B r o n x C o u n ty From all other sources, viz.: Appraisal fees received ....................................................... Insurance rebates ...................................................................... Cash over ...................................................................................... Other rebates .......................................................................... $80 00 7630 6300 3896 $258 26 $955,536 62 PAYM ENTS To depositors, including dividends paid to them.................... For loans on bonds and mortgages..................................................... For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $53,000).................................... For interest (other than dividend payments to depositors) . . . . For current expenses of the bank, viz.: F or salaries ......................................................................... For expenses, except taxes, o f banking h o u se : Other .................................................................................... F or rent o f banking room s............................................ F or other expenses, not including expenses o f other real estate nor other expenses o f banking house.. $639,532 50 125,050 00 54,560 50 580 55 $7,462 49 151 45 2,558 33 4,211 89 14,384 16 Other payments, viz.: Cash short ............................................................................. T o current error in dividends............................................ Cash over adjusted.............................................................. $41 00 40 31 25 00 106 31 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. 121,322 60 $955,536 62 STATISTICAL INFORMATION Number of open accounts January 1, 1916........................................ Number of accounts opened or reopened during the year......... Number of accounts closed during the year.................................... 6,501 2,080 1,341 Amount deposited during the year, not including dividends credited for that period....................................................................... Amount withdrawn during the year................................................. Amount of dividends credited and paid for the year, viz.: July 1, 1915 ............................................................................. January 1, 1916 .................................................................... $18,278 75 19,133 80 Average amount of each account January 1, 1916........................ Rate per cent, of dividends to depositors during the six months ending June 30, 1915........................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915............................... Dividends paid to depositors for the year 1915............................... Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. $743,026 32 639,532 50 37,412 55 202 30 3V2 3% $60,181 47 14,940 47 37,412 55 7,828 45 60 R eport on S avin gs B a n k s 11. D O LLA R S A V IN G S B A N K , N E W Y O R K C IT Y [2808 Third av en u e; incorporated 1890] GEORGE E. EDW ARDS, President. W ILLIA M M. KERN, Treasurer. BRIAN G. HUGHES, Vice-President. H ARRY F. REGAL, Secretary. TRUSTEES GEORGE E. EDW ARDS, BRIAN G. HUGHES, W ILLIA M M. KERN, JAMES M. LA COSTE, BE R N AR D FRENCH. J. H A R R IS JONES, JOHN S. HANSON, GEO. M. M ACK ELLAR, CHARLES P. FABER, CHARLES W. BOGART, JAM ES S. BRYANT, W IL L IA M S. BECKLEY, HOW ELL T. MANSON. FR ED A. W URZBACH, SAM UEL TRIM M ER, JAMES L. W ELLS, JOSEPH B. HARE. FIN AN CIAL RESOURCES Bonds and mortgages..................... Stock and bond investments, viz.: S to c k s and bon ds Cities in other States......... Cities in this State.............. Counties in this State....... Railroad m ortgage b o n d s... $8 ,047 ,70 0 00 Par value $310,000 00 829,000 00 104,000 00 2,735,000 00 $3,978,000 00 Original Estimated cost market value $315,999 20 $314,000 00 868,386 13 849,420 00 106,909 32 106,080 00 2,909,472 80 2,762,210 00 $4,200,767 45 $4,031,710 00 --------------- - — — ---- ' Other real estate, book value, $25,793.28; cost, $25,793.28; actual cash value.................................................................................. Cash on deposit in banksor trust companies.................................. Cash on hand................................................................................................ Total of collectible interest.................................................................... Amount of all other assets, viz.: New York State barge canal judgments ................................................................................................ 4 ,0 3 1 ,7 1 0 00 25,793 1,003,042 113,036 75,724 28 94 80 16 10,000 00 $13,307,007 18 L IA B IL IT IE S Amount due depositors, viz.: P rincipal ................................................................................. $12,233,592 25 Dividends credited or to be credited for the six months ending with December 31, 1915...................... 191,845 88 ------------------ $12,425,438 13 Surplus on market value......................................................................... 881,569 05 Surplus on par value, $827,859.05. $13,307,007 18 = CASH TRANSACTIONS DURING THE YEA R 1915 R E C E IPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividends credited......................... From interest on loans, deposits and investments......................... From rents from other real estate........................................................ From mortgages ......................................................................................... From redemption of stocks and bonds............................................... From stocks and bonds sold (total par value, $246,000)........... From real estate sold................................................................................ From all other sources, viz.: Adjustm ent and reimbursement o f insurance prem iums on other real estate............................................. From auxiliary banks and fo r furnishing tax b ills.. Security deposited to secure repairs to building— $963,788 4,5 7 9 ,8 5 5 627,561 517 219,500 870,000 263,508 97,075 54 70 11 00 00 00 46 00 $772 06 519 37 1,000 00 -------------------------------------- 2,291 43 $7 ,624,097 24 B r o n x C o u n ty 61 PAYM ENTS To depositors, including dividends paid to them...........................; $4 ,355 ,40 4 34 For loans on bonds and mortgages........................................................ 455,000 00 For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $1,401,000)........................................ 1,4 77,9 78 63 For interest (other than dividend payments to depositors) . . . . 20,415 11 For current expenses of the bank, viz.: For For F or For s a la r ie s ............................................................................ taxes : Surplus ........................................................ rent o f banking room s................................................. expenses of other real estate, v i z .: Repairs .............................................................................. In s u r a n c e .......................................................................... T a x e s .................................................................................. O t h e r .................................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. $39,100 76 6,386 97 6,544 10 163 531 749 704 79 15 86 39 4,838 51 59,019 53 For real estate acquired by foreclosure, or in settlement of debts due the bank................................................................................ Other payments, viz.: Release o f security held to secure repairs to building New York State barge canal judgm ents purchased.. 129,199 89 $1,000 00 10,000 00 11,000 00 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. 1,116,079 74 $7 ,624,097 24 STATISTICAL INFORMATION Number of open accounts January 1, 1916................................... 44,287 Number of accounts opened or reopened during the year......... 12,385 10,923 Number of accounts closed during the year.................................... Amount deposited during the year, not including dividends credited for that period..................................................................... > $4 ,579,855 70 Amount withdrawn during the year................................................... 4,3 5 5 ,4 0 4 34 Amount of dividends credited and paid for the year, viz.: July 1, 1915............................................................................... January 1, 1916...................................................................... $187,083 58 191,845 88 Average amount of each account January 1, 1916......................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915............. .............................................................. Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915............................... Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 378.929 46 280 57 sy2 3y2 $587,109 70 59,019 53 378.929 46 149,160 71 62 R eport on S avin gs B a n k s 12. NORTH S ID E S A V IN G S B A N K , N E W YORK C IT Y [3230 Third avenue ; Incorporated 1905] JOHN G. BORGSTEDE. President. GEORGE N. REIN H A R D T, Treasurer. THEODORE J. CHARBOT, Vice-Pres. A RTH U R A. E KIRCH , Secretary. F R E D H. WEiFER, Vice-President. TRUSTEES JOHN G. BORGSTEDE, T. J. CHABOT, T. JOSEPH DUNN, HENRY HAHNENFELD, JOHN C. HEINTZ, THOM AS J. HIGGINS, RICHARD W. LAWRENCE CHAS. F. MINOR, GEO. N. REIN H ARDT, JOHN RIEGELM AN. CONSTANTIN WAGNER, FRED. II. W EFER, GEORGE WOHN, JOSEPH M ILLE R , C H RISTIAN R IEGER, JR. FIN AN CIAL RESOURCES $881,600 00 Bonds and mortgages.............................................................................. Stock and bond investments, viz.: S to c k s and bon ds State o f C alifornia................. State o f Idaho......................... State o f New M exico............. Cities in other States.......... Cities in this State............... Counties in this State.......... Towns in this State.............. Villages in this State............ School districts in this State Railroad mortgage bonds___ Par value $13,000 00 19,000 00 2,000 OO 118,400 00 230,545 OO 3,000 OO 15,101 00 37,700 00 4,000 00 46,000 00 $488,746 00 Original Estimated cost market value $12,773 28 $12,740 00 18,240 00 18,430 00 2,035 00 2,100 00 124,328 05 121,734 00 231,458 93 233,381 00 2,796 90 2,910 00 15,652 52 15,403 02 36,096 25 35,822 00 4,210 10 4,080 00 44,071 25 36,090 00 $491,662 28 $482,690 02 482,690 02 Other real estate, book value, $11,911.80; cost, $13,689; actual cash value.................................................................................................. Cash on deposit in banks or trust companies................................. Cash on hand................................................................................................ Total of collectible interest..................................................................... Amount of all other assets, viz.: Vaults and fixtures.............................................................. New York State barge canal judgm ents.................... 13,689 133,226 14,098 14,082 00 76 37 12 $2,000 00 8,375 62 10,375 62 $1,549,761 89 L IA B IL IT IE S Amount due depositors, viz.: Principal ................................................................................. $1,489,115 44 Dividends credited or to be credited fo r the six months ending with December 31, 1915...................... 22,762 04 ------------------ $1,511,877 48 Surplus on market value......................................................................... 37,884 41 $1,549,761 89 Surplus on par value, $43,940.39. CASH TRANSACTIONS DURING THE YEA R 1915 R E C E IPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividends credited......................... From interest on loans, deposits and investments...................... From rents from other real estate...................................................... From mortgages........................................................................................... From redemption of stocks and bonds............................................... From stocks and bonds sold (total par value, $ 3 3,47 9).............. $93,981 768,640 67,495 501 12,450 1,250 33,320 90 52 45 66 00 00 44 B r o n x C o u n ty 63 From all other sources, viz.: Profit on bonds sold............................................................ Rebate on taxes..................................................................... A ppraisal tees ...................................................................... $6173 2 07 60 00 $123 80 $977,763 77 PAYM ENTS To depositors, including dividends paid to them........................... For loans on bonds and mortgages........................................ ............. For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $45,575.62)...................................... For interest (other than dividend payments to depositors) . . . For current expenses of the bank, viz.: For salaries ........................................................................... For taxes : Banking house,$4.40; surplus, $184.62........... F or expenses, except taxes, o f banking house : I n s u r a n c e .......................................................................... O t h e r .................................................................................. For rent o f banking room s............................................... For expenses o f other real estate, viz. : Insurance ......................................................................... T a x e s ..........................................\..................................... For other expenses, not including expenses of other real estate nor other expenses o f banking hou se.. $656,284 73 115,500 00 46,466 66 312 89 $4,693 16 189 02 128 45 148 40 3,300 00 35 00 657 20 2,723 13 11,874 36 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 147,325 13 $977,763 77 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... Number of accounts opened or reopened during the year........... Number of accounts closed during the year...................................... Amount deposited during the year, not including dividends credited for that period....................................................................... Amount withdrawn during the year.......................................... ; . . . Amount of dividends credited and paid for the year, viz.: July 1, 1915.............................................................................. January 1, 1916...................................................................... $768,640 52 656,284 73 $21,098 33 22,762 04 Average amount of each account January 1, 1916........................ Rate per cent, of dividends to depositors during the six months ending June 30, 1915........................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... Total earnings of the bank for the year, 1915, after allowing for amortization of premiums and discounts........... ............... Total expenses of the bank for the year 1915............................... Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 6,501 2,037 1,400 43,860 37 232 56 3y2 3y2 $66,737 37 11,874 36 43,860 37 11,002 64 BROOME COUNTY 13. B I N G H A M T O N S A V I N G S B A N K , B IN G H A M T O N [97 and 99 Collier street; Incorporated 1867] CHAS. W. GENNET, President. ASBURY C. DEYO, Treasurer. JOHN G. ORTON, Vice-President. S. J. HIRSCHMANN, Secretary. CHARLES M. STONE, Vice-President. TRUSTEES JOHN G. ORTON, E DW ARD P. MCKINNEY, GEORGE M. HARRIS, LEW IS M. W EED, CHARLES W. GENNET, CHARLES M. STONE, S. .1. HIRSCHMANN, JOHN BAYLESS, CH ARLES A. WEED, W IL L IA M It. OGDEN, ASBURY C. DEYO, FINANCIAL RESOURCES Bonds and mortgages............................................... Stock and bond investments, viz.: Par S to c k s and bon ds value State o f M assachusetts....... $100,000 00 Cities in other States............ 346,000 00 Cities in this State................. 1,905,700 00 388,000 00 Counties in this State............ Towns in this State............... 1,550 00 Villages in this State............. 24,132 00 School districts in this State 8,950 00 Railroad mortgage bonds___ 875,000 00 $3,649,332 00 $ 3 ,219 ,66 0 00 Original Estimated cost market value $85,000 00 $101,250 00 333,560 00 360,635 42 1,859,202 00 1,925,518 85 382,830 00 396,459 79 1,550 00 1,550 00 23,596 14 24,132 00 8,748 00 9,047 00 747,000 00 881,800 00 $3,700,393 06 $3,441,486 14 = = = = = ----- ' - -------= Loans upon pledge of securities............................................................ Banking house and lot, book value, $65,000; cost, $73,000; actual cash value..................................................................................... Other real estate, book value, $4,412.28; cost, $4,412 28; actual cash value..................................................................................... Cash on deposit in banks or trust companies................................. Cash on hand................................................................................................ Total of collectible interest................................................................... Amount of all other assets, v iz.: Rent accrued........................... 3,4 41,4 86 14 2 ,0 00 00 65,000 00 4,412 600,000 34,461 87,878 696 28 00 21 18 96 $7 ,455 ,59 4 77 L IA B IL IT IE S Amount due depositors, viz.: Principal .................................................................................. $6,963,924 09 Dividends credited or to be credited fo r the six months ending with December 31, 1915...................... 112,399 29 ------------------ $7,076,323 38 Surplus on market value......................................................................... 379,271 39 $7 ,455 ,59 4 77 Surplus on par value, $587,117.25. CASH TRANSACTIONS DURING THE YEA R 1915 R E C E IPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day.......................................................... From depositors, not including dividends credited...................... From interest on loans, deposits andinvestments........................ From rents from banking house........................................................ [64] $426,874 3,357,1 43 297,168 3,307 20 57 06 06 B roome C o u n ty From From From From 65 rents from other real estate................................................... mortgages........................................................................................... redemption of stocks and bonds................................................. stocks and bonds sold (total par value, $48,00 0)........... $250 211,400 125,593 45,180 00 00 76 00 $4 ,466,916 65 PAYMENTS To depositors, including dividends paid to them........................... $3 ,211,013 30 For loans on bonds and mortgages..................................................... 568,400 00 For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $19,55 0)............................................. 19,550 00 For interests (other than dividend payments to depositors) . . 477 47 For current expenses of the bank, viz.: F or salaries ............. For tax es: Banking house, $1,410; surplus, $3,217.73; on mortgages, $1,260........................................................ F or expenses, except taxes, o f banking house : Repairs .............................................................................. In s u r a n c e .......................................................................... O t h e r .................................................................................. For expenses o f other real estate, v i z .: Insurance . . . .......................................................... T a x e s .................................................................................. F or other expenses, not including expenses o f other real estate nor other expenses o f banking house.. $17,084 63 5,887 73 847 46 91 00 2,479 94 51 60 98 70 6,383 61 Other payments, viz.: Error at teller’s window Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................... 32,924 67 90 00 634,461 21 $4,466,916 65 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... Number of accounts opened or reopened during the year......... Number of accounts closed during the year...................................... Amount deposited during the year, not including dividends 22,558 4,337 3,597 credited for that period....................................................................... $3,357,143 57 3,207,6 29 59 Amount withdrawn during the year................................................... Amount of dividends credited and paid for the year, viz.: July 1, 1915.............................................................................. January 1, 1916........................................................................ Paid but not credited......................................................... $109,911 97 112,399 29 3,383 71 Average amount of each account January 1, 1916......................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915........................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915.................................................................. Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts...................., . . . Total expenses of the bank for the year 1915............................... Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 3 225,694 97 313 69 3y2 31/2 $303,225 27 33,014 67 225,694 57 44,515 63 66 R eport on S avin gs B a n k s 14. C H E N A N G O V A L L E Y S A V IN G S B A N K , B IN G H A M T O N [2 Chenango stre e t; Incorporated 1867] A R TH U R S. BARTLE TT, President. W ALK E R F. SHERWOOD, Vice-Pres. W ILLIA M W. SISSON, Vice-President. W IL L IA M R. ELY, Treasurer. TRUSTEES A R TH U R S. BARTLE TT, C. F. HOTCHKISS, W ILLIA M W. SISSON, JAM ES W. MANIER, JAM ES M. MCNAMARA, GEORGE F. O’ NEIL, W IL L IA M G. PHELPS, L E SLIE M. W ILSON, W ALK E R S. SHERWOOD. A R TH U R L. KENT, H ARRY RUBIN, GEORGE W. T O P LIF F , RENNA Z. SPAULDING, FIN AN CIAL RESOURCES Bonds and mortgages................................................................................ $1 ,074 ,15 8 89 Stock and bond investments, viz.: S to c k s and Par value $50,000 00 105,000 00 15,000 00 30,000 00 51,500 00 135, 600 00 120,700 00 60,000 00 bonds State o f L ouisiana................... Cities in other States.......... Cities in this State............... Counties in this State............ Towns in this State............... Villages in this State............ School districts in this State R ailroad mortgage bonds___ $567,800 00 Original Estimated cost market value $52,055 00 $52,055 00 102,600 00 i05,414 53 15,469 50 13,500 00 32,809 20 32,100 00 55,525 00 53,165 00 142,799 18 138,971 00 124,875 90 128,588 26 46,000 00 56,878 00 $589,538 67 $563,266 90 563,266 86,386 22,831 26,576 Cash on deposit in banks or trust companies......... Cash on h a n d ............................ Total of collectible interest. 90 04 03 61 $1,773,219 47 L IA B IL IT IE S Amount due depositors, viz.: Principal ................................................................................. $1,697,244 44 Dividends credited or to be credited fo r the six months ending with December 31, 1915 ...................... 27,024 19 ------------------ $1,724,268 63 Surplus on market value......................................................................... 48,950 84 $1 ,773 ,21 9 47 Surplus on par value, $53,483.94. CASH TRANSACTIONS DURING THE YEA R 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividends credited......................... From interest on loans, deposits and investments........................... From mortgages.. . . » ...............................................,................................ From redemption of stocks and bonds................................................. From stocks and bonds sold (total par value, $206,520)........... From all other sources, viz.: Cash over............................................ $141,571 1,013,823 86,310 175,360 9,135 211,843 141 24 68 13 11 00 75 27 $1,638 ,18 5 18 PAYMENTS To depositors, including dividends paid to them........................... $1,283 ,66 0 For loans on bonds and mortgages..................................................... 60,544 For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $150,000).......................................... 161,428 For interest (other than dividend payments to depositors) . . . 3,463 79 50 83 98 B roome C o u n ty 67 For current expenses of the bank, viz.: For salaries ........................................................................... For taxes : Surplus, $341.61; on mortgages, $167___ F or rent o f banking room s............................................... F or other expenses, not including expenses of other real estate nor other expenses o f banking h ou se.. $7,050 04 508 61 2,400 00 9,890 44 $19,849 09 20 92 Other payments, viz.: Overdrafts................................... Cash on hand and in banks or trust companies De 1915, after transactions of the day........................... 109,217 07 $1,638,185 18 STATISTICAL INFORMATION Number of open accounts January 1, 1916............................. 10, -470 Number of accounts opened or reopened during the year. . . 2 , i 637 Number of accounts closed during the y e a r ......................... 2,1807 Amount deposited during the year, not including dividends $1,013,823' 68 credited for that period.............................................................. 1,283,660 79 Amount of dividends credited and paid for the year, viz.: July 1, 1915.............................................................................. January 1, 1916..................................................................... Credited at other p e rio d s................................................. $27,459 31 27,024 19 1,405 65 Average amount of each account January 1, 1916............. Rate per cent, of dividends to depositors during the six months ending June 30, 1915........................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915........................... Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 55,889 15 164f 69 3 Vi 3% $82,486 95 19,849 09 55,889 15 6 , 74S 71 CAYUGA COUNTY 15. AUBURN S A V IN G S B A N K , A U B U R N [74 Genesee stre e t; Incorporated 1849] DAVID M. DUNNING, President. W IL L IA M S. DOWNER, Treasurer. NELSON B. ELDRED, Vice-President. ADO LPH K E IL , Assistant Treasurer. GEORGE UNDERWOOD, Vice-Pres. TRUSTEES DAVID M. DUNNING, GEORGE UNDERWOOD, NELSON B. ELDRED. GEORGE H. NYE, H OBART L. ROMIG, W ILLIA M S. DOWNER. W ILLIA M H. SEWARD, Jr.. H AROLD G. M ETCALF, II. G. ROBINSON. HENRY D. NOBLE. SA FFR IN E L. DEPEW . FRED ER IC K SEFTON. HENRY D. TITU S. FIN AN CIAL RESOURCES Bonds and mortgages .............................................................................. $3,6S6,066 00 Stock and bond investments, viz.: Par O r ig in a l cost v a lu e S to c k s and bonds $8,000 50,000 261,000 607,640 40,000 14,000 20,000 40,000 771,000 State o f M assachusetts......... State o f U tah......................... Cities in other States.........'. Cities in this State............... Counties in this S ta te ......... Towns in this State............... Villages in this State............ School districts in this State R ailroad mortgage bon ds... 00 00 00 30 00 00 00 00 00 $1,811,640 30 $8,536 50,731 28S, 190 632,599 40, 551 14,450 21,799 43,066 826,744 00 25 50 05 75 00 23 25 50 $1,926,668 53 E stim a te d m a r k e t v a lu e $7,360 48,000 260,410 579,370 38,750 13,400 19, 670 39,190 717,410 00 00 00 30 00 00 00 00 00 $1,723,560 30 1,723,560 30 )k v a l u e , $ 1 0 0 , 0 0 0 ; c o st, $ 2 6 8 ,8 3 1 .1 4 ; actual cash value. . Other real estate, bool iu e , $ 4 , 0 0 9 ; c o s t , $ 4 , 0 7 6 ; value ........................ Cash on deposit in banks or trust companies. Cash on hand.............................................................. Total of collectible interest.................................... Amount of all other assets, viz.: Land contracts ..................................................................... Rents accrued ........................................................................ Taxes and insurance premiums advanced................... New York State barge canal judgm ents...................... 100,000 00 a c tu a l cash 4,076 585,508 51,952 54,735 $450 853 119 26,889 00 14 49 08 00 31 24 36 28,311 91 $6,234,209 92 L IA B IL IT IE S Amount due depositors, viz.: P r in c ip a l.................................................................................. $5,651,570 34 Dividends credited or to he credited fo r the six months ending with December 31, 1915...................... 108,730 27 ------------------ $5 ,760,300 61 Other liabilities, viz.: Expenses incurred, but u n p a id : Repairs to bank building............................................ Sundries ............................................................................ $366 40 191 99 -------------------------------------- 56139 Surplus on market value ....................................................................... 473,347 92 $6 ,234,209 92 Surplus on par value, $561,427.92. [68] 69 C ayu g a C o u n ty CASH TRANSACTIONS DURING THE YEA R 1915 R E CEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................ From depositors, not including dividends credited......................... From interest on loans, deposits andinvestments............. ............ From rents from banking house....................................................... From rents from other real estate....................................................... From mortgages............................................... ... ................................... From redemption of stocks and bonds................................................. From real estate sold................................................................................ From all other sources, viz.: Cash over .............................................................................. Taxes and insurance premiums advanced refunded.. Fire insurance credited to suspense accou n t............ $568,885 1,579,329 272,649 7,522 1,320 394,523 73,300 50 02 32 29 83 32 00 10 00 $66 75 553 75 800 00 -------------------------------------- 1,420 50 $2 ,899 ,00 0 38 PAYM ENTS To depositors, including dividends paid to them........................... $1,591,093 35 For loans on bonds and moi’tgages..................................................... 447,170 00 For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $165,000).......................................... 156,875 00 For interest (other than dividend payments to depositors) . . . . 2,598 37 For current expenses of the bank, viz.: F or salaries ......................................................................... For taxes : Banking house, $3,485.96; surplus $4,278.22 .................................................................................. For expenses, except taxes, o f banking h o u se : R e p a ir s ........................ In s u ra n ce .......................................................................... Other .................................................................................. For expenses of other real estate, v iz .: O ther......... For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. $16,800 00 7,764 18 1,407 727 4, 416 1,220 78 50 93 83 4,025 61 36,362 83 Other payments, viz.: Cash short .............................................................................. $93 60 Taxes and insurance premiums advanced.................... 457 24 New York State barge canal judgm ents purchased.. 26,889 36 27,440 20 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. 637,460 63 $2 ,899 ,00 0 38 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... 13,380 Number of accounts opened or reopened during the year......... 1,621 Number of accounts closed during the y e a r ............................... 1,676 Amount deposited during the year, not including dividends credited for that period....................................................................... $1 ,579,329 32 Amount withdrawn during the year................................................... 1,5 91,093 35 Amount of dividends credited and paid for the year, viz.: July 1, 1915......................................................................" ..... January 1, 1916................................................................... Credited at other periods.................................................. $99,787 85 108,730 27 1,611 23 Average amount of each account January 1, 1916......................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915........................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915..................................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................... Total expenses of the bank for the year 1915............................... Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors..................................................................................... 21 0,12 $ 35 430 51 31/2 & 4 4 $276,869 86 36,768 43 210,129 35 29,972 08 70 R eport on S avings B a n k s 16. C A Y U G A C O U N T Y S A V IN G S B A N K , A U B U R N [113-115 Genesee street; Incorporated 1864] D. W ADSW ORTH, J r ., President. G. V. LOUGHBOROUGH, Asst. Treas. CHARLES W. B R ISTER, Vice-Pres. A. L. HEM INGW AY, Secretary. W. H. M EAKElt, Treasurer. TRUSTEES W ILLIA M H. SEWARD, BENJAM IN B. SNOW, W ILLIAM H. M EAKER, ■TAMES LYON, CHAS. A. MCCARTHY, D A V ID W ADSW ORTH. J r ., GEORGE B. TURNER, SIDNEY J. W ESTFALL, C. F. BALDW IN. G. V. LOUGHBOROUGH. HULL GREENFIELD, CHARLES P. MOSHER, DAN IEL L. RAMSEY. CHARLES W. B R ISTE R , JAMES E. ELDER. FIN AN CIAL RESOURCES Bonds and mortgages................................................................................ $2,548,008 00 Stock and bond investments, viz.: Par value $50,000 00 ft to c l'8 a n d b o n d s State o f New Y ork............... State o f M assachusetts......... Cities in other States............ Cities in this State............... Counties in this State............ Towns in this State............. School districts in this State Railroad mortgage bonds___ 200,000 00 60,000 00 271,592 55 30,000 00 6,000 00 2,500 00 731,000 00 $1,351,092 55 Original Estimated cost market value $53,109 37 $51,000 CO 217,022 50 185,700 00 62,223 75 56,700 00 279,572 55 272,022 15 30,000 00 30,000 00 6,000 00 5.7C0 00 2,563 71 2,475 00 775,741 91 656,360 00 $1,426,233 79 $1,260,017 15 1,260,017 15 Banking actual Cash on Cash on Total of Amount house and lot, book value, $83,000; cost, $100,307.17; cash value.................................................................................... deposit in banks or trust companies................................. hand............................................................................................... collectible interest..................................................................... of all other assets, viz.: Land contract ...................................................................... Rent accrued ........................................................................ Insurance advanced ............................................................ 83,000 313,687 33,285 35,840 00 41 87 34 $3,850 00 245 00 12 23 4,107 23 $4,277,946 00 L IA B IL IT IE S Amount due depositors, viz.: Principal ................................................................................. $3,955,375 12 Dividends credited or to he credited fo r the six months ending with December 31, 1915...................... 76,026 17 ------------------ $4,031,401 29 Other liabilities, viz.: Expenses incurred, but unpaid : Printing ............................................................................ Card outfit ........................................................................ $150 00 55 35 -------------------------------------- 20535 Surplus on market value..................................................... 246,339 36 $4,277,946 00 = Surplus on par value, $337,414.76. CASH TRANSACTIONS DURING THE YEA R 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividends credited...................... From interest on loans, deposits and investments......................... From rents from banking house............................................................ From mortgages........................................................................................... From redemption of stocks and bonds................................................. From stocks and bonds sold (total par value, $25,00 0)................ From real estate sold...............................................; ............................... $394,603 1,344,240 185,462 1,748 166,120 66,818 14,968 7,650 11 55 75 00 00 84 75 00 C ayug a C o u n ty 71 From all other sources, viz.: Taxes and insurance premiums advanced refunded.. Land contract ...................................................................... $80 62 100 00 ------------------ $180 62 $ 2 ,1 S1,792 62 PAYMENTS To depositors, including dividends paid to them........................... $1 ,284,309 38 For loans on bonds and mortgages........................................................ 471,900 00 For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $5 4,61 9)............................................... 54,619 00 For interest (other than dividend payments to depositors) . . . . 70 76 For current expenses of the bank, viz.: F or salaries ........................................................................... For ta x e s : Banking house, $2,193.13; surplus, $2,014.57; on mortgages, $27.75............................................ For expenses, except taxes, o f banking h o u se : Repairs .............................................................................. Insurance .......................................................................... F or expenses of other real estate, v i z .: Repairs .............................................................................. Taxes ................................................................................. O t h e r .................................................................................. F or other expenses, not including expenses o f other real estate nor other expenses o f banking hou se.. $12,373 33 4,235 45 469 58 210 56 10 72 25 76 20 24 3,608 85 20,954 49 For real estate acquired by foreclosure, or in settlement of debts due the bank.................................................................................. Other payments, v iz.: Insurance premiumsadvanced........................................... Commission on sale o f other real estate....................... Counterfeit bill ................................................................... Suspense account ................................................................. $61 444 5 69 2,385 06 60 21 00 84 580 65 Cash on hand and in banks cr trust companies December 31, 1915, after transactions of the day................................................. 346,973 28 $2,181,792 62 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... 9,759 Number of accounts opened or reopened during the year........... 1,645 Number of accounts closed during the year...................................... 1,417 Amount deposited during the year, not including dividends credited for that period..................................................................... $1 ,344 ,24 0 55 Amount withdrawn during the year..................................................... 1,284,309 38 Amount of dividends credited and paid for the year, viz.: Julv 1, 1915.............................................................................. January 1, 1916...................................................................... Credited at other periods.................................................. $68,947 90 76,026 17 1,262 69 Average amount of each account January 1, 1916......................... Number of accounts which exceeded $3,000, exclusive of divi dends credited, at the last trial balance of depositors’ ledgers, .except deposits arising from society accounts, or judicial sales, or trust funds or by .order of a court of record or of a surrogate.................................................................................... Total amount of such accounts.............................................................. Rate per cent, of dividends to depositors during the six months ending June 30, 1915.............................................................................. Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915............................... Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 146,236 76 413 09 1 $3,047 20 3V o & 4 4 $189,579 08 21,159 84 146,236 76 22,182 48 CHEM UNG COUNTY 17. THE E L M IR A S A V IN G S B A N K , E L M IR A [212 East W ater street; Incorporated 1869] W. H. FERGUSON, President. HU BERT C. M ANDEVILLE, Treasurer. JOHN J. CURTIS, Vice-President. M. A. LEAH Y, Secretary. JOHN W. HUSTON, Vice-President. TRUSTEES W IL FR E D I. BOOTH, JOHN J. CURTIS, HENRY J. HAASE, F R E D D. HERRICK, JOHN W. HUSTON, M ICH AEL A. LEAH Y, WM. H. FERGUSON, H. C. M AN DEVILLE. LOUIS N. MATHEW S. HENRY SIMPSON, W ILLIA M M. UFFORD, GEORGE W. W YCKOFF, A L EX A N D E R S. DIVEN, FIN AN CIAL RESOURCES Bonds and mortgages............................................ . Stock and bond investments, viz.: S to c k s an d bon ds Cities in other States.......... Cities in this State............... Counties in this State.......... Towns in this State............... Villages in this State............ School districts in this State R ailroad mortgage bonds___ Tar value $77,000 00 116,000 00 42,000 00 16,000 00 88,600 00 10,000 00 72,000 00 $421,600 00 $465,882 93 Original Estimated cost market value $75,925 00 $75,190 00 il7 ,305 00 117, 620 00 42,767 00 43,180 00 16,000 00 16,150 00 88,156 00 89, 690 00 10,000 00 10,400 00 66,519 00 53,930 00 $416,672 00 $406,160 00 406,160 103,225 2,986 5,482 Cash on deposit in banks or trust companies........... Cash on hand.......................... Total of collectible interest. 00 89 59 40 $983,737 81 L IA B IL IT IE S Amount due depositors, viz.: Principal ................................................................................. Dividends credited or to be credited fo r the six months ending with December 31, 1915...................... $913,146 13 13,944 48 -----------------Surplus on market value......................................................................... $927,090 61 56,647 20 $983,737 81 Surplus on par value, $72,087.20. CASH TRANSACTIONS DURING THE YEA R 1915 R E CEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................................ From depositors, not including dividends credited......................... From interest on loans, deposits and investments......................... From mortgages........................................................................................... From redemption of stocks and bonds................................................. $65,543 431,225 43,341 39,567 15,400 98 21 49 00 00 $595,077 68 [72] C h e m u n g C o u n ty 73 PAYM ENTS To depositors, including dividends paid to them........................... For loans on bonds and mortgages..................................................... For stocks and bonds purchased, including permiums, commis sions, etc. (total par value, $16,00 0)............................................... For current expenses of the bank, viz.: For salaries ........................................................................... For taxes : Surplus, $475.93 ; on mortgages, $45___ For rent o f banking room s............................................... For expenses of other real estate, viz. : Insurance. For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. $2,196 520 780 15 $374,619 06 93,442 93 15,600 00 00 93 00 24 1,691 04 5,203 21 1915, after transactions of the day. 106,212 48 $595,077 6S STATISTICAL INFORMATION Number of open accounts January 1, 1916............................... Number of accounts opened or reopened during the y e a r .. Number of accounts closed during the year............................. Amount deposited during the year, not including dividends credited for that period..................................................................... Amount withdrawn during the year................................................... Amount of dividends credited and paid for the year, viz.: July 1, 1915............................................................................. January 1, 1916...................................................................... $431,225 21 374,619 06 $13,385 61 13,944 48 Average amount of each account January 1, 1916........................ Rate per cent, of dividends to depositors during the six months ending June 30, 1915.............................................................................. Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915............................... Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 4,i564 1,<184 i , : 148 27,330 09 203 13 3V2 3V 2 $43,673 97 5,203 21 27,330 09 11,140 67 C O L U M B IA C O U N T Y 18. H U D SO N C IT Y S A V IN G S IN S T IT U T IO N , H U D SO N [560 W arren stre e t; Incorporated 1850] CHAS. A. VAN DUESEN, President. S. M ITC H ELL RAINEY, Treasurer. H. F. DERNELL, Vice-President. TRUSTEES LOUIS A. BRISTOL, NOAH H. BROWNING, LOUIS P. CHURCH, A. V. S. COCHRANE. HERMAN F. DERNELL, ROBERT W. EVANS, JOHN W. G ILLE TTE , EVERTS TEN BROECK, GEORGE A. M cK IN STR Y, JOC'OB P. MESICK, S. M ITC H ELL RAINEY, CHAS. A. VAN DEUSEN, II. S. W ILLIAM S, FIN AN CIAL RESOURCES Bonds and mortgages................................................................................ $1,698,866 00 Stock and bond investments, viz.: Par value $25,000 00 7,000 00 765,000 00 923,503 25 402,900 00 6,900 00 368,849 94 50,700 00 884,000 00 S to c k s and bon ds State o f New Y ork............... State o f C olorado................... Cities in other States............ Cities in this State............... Counties in this State.......... Towns in this State............... Villages in this State.......... School districts in this 'State R ailroad mortgage bonds— $3,433,853 19 Original Estimated cost market value $27,140 63 $28,000 00 5,827 50 5,390 00 794,513 87 761,855 00 956,416 70 927,280 25 418,251 00 404,812 00 6,825 75 6,855 00 374,405 70 361,079 55 52,496 12 50,304 00 898,997 57 802,940 00 $3,534,874 84 $3,348,515 80 ------ ------ •- — - -— — -■ ' Banking house and lot, book value, $40,000; cost, $74,690.76; actual cash value.................................................................................... Other real estate, book value, $50,700; cost, $53,374.30; actual cash value......................................... Cash on deposit in banksor trust companies................................... Cash on hand................................................................................................ Total of collectible interest..................................................................... 3,348,5 15 80 40,000 00 50,700 336,585 55,831 68,354 00 43 54 68 $5 ,598,853 45 L IA B IL IT IE S Amount due depositors, viz.: Principal ................................................................................. $5,038,391 37 Dividends credited or to be credited fo r the six months ending with December 31, 1915....................... 96,607 07 ------------------ $5,134 ,99 $ 44 Surplus on market value....................................................................... 463,855 01 $5 ,598,853 45 Surplus on par value, $549,192.40. CASH TRANSACTIONS DURING THE YEA R 1915 R E C E IPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................................ From depositors, not including dividends credited........................ From interest on loans, deposits and investments......................... From rents from other real estate........................................................ [74] $306,060 1,010,832 239,569 244 27 50 80 90 C o lu m b ia C o u n ty From From From From From 75 mortgages ......................................................................................... redemption of stocks and bonds................................................. stocks and bonds sold (total par value, $ 3 ,0 0 0 )................ real estate sold................................................................................ all other sources, viz.: Foreclosure expenses refunded . . $238,115 149,377 3,003 1,400 44 00 73 75 00 75 $1 ,948,648 70 PAYMENTS To depositors, including dividends paid to them........................... $1,319,301 43 For loans on bonds and mortgages........................................................ 168,700 00 For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $4 5,00 0)............................................... 44,925 75 For interest (other than dividend payments to depositors) . . . . 61 50 For current expenses of the bank, viz.: F or salaries .......................................................................... F or ta x e s : Banking house, $1,057.85; surplus, $4,003.10 .................................................................................. For expenses, except taxes, o f banking h o u se : Re pairs For expenses of other real estate, v i z .: Repairs .............................................................................. I n s u r a n c e .......................................................................... Taxes ................................................................................. Other ................................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking h o u se ... $8,925 00 5,060 95 97 48 198 78 1,056 223 53 75 53 82 1,501 99 17,143 05 For real estate acquired by foreclosure, or in settlement of debts due the bank................................................................................ Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. 6,100 00 392,416 97 $1,948,648 70 .STATISTICAL INFORMATION 10,724 Number of open accounts January 1, 1916........................................ Number of accounts opened or reopened during the year........... 1,658 Number of accounts closed during the year...................................... 1,475 Amount deposited during the year, not including dividends $1,010,832 50 credited for that period............................................................ .. Amount withdrawn during the year................................................... 1,319,301 43 Amount of dividends credited and paid for the year, viz.: July 1, 1915............................................................................... January 1, 1916 ...................................................................... $84,455 42 96,607 07 Average amount of each account January 1, 1916........................ Rate per cent, of dividends to depositors during the six months ending June 30, 1915.............................................................................. Rate per cent, of dividends to depositors during the six months ending December 31, 1915.................................................................. Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts...................................... Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915........................... Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................... 181.062 49 469 82 3V2 4 $232,305 35 17,143 05 181.062 49 34,099 81 CORTLAND COUNTY 19. C O R TLA N D S A V IN G S B A N K , CO R TLAN D [111 Main stre e t; Incorporated 1866] CALVIN P. WA.LRAD, President. STRATTON S. KNOX, Vice-President. MARCUS H. M cG RAW , Vice-President. BENJAM IN L. W EBB, Treasurer. TRUSTEES CALVIN P. W ALRAD, BENJAM IN L. W EBB, MARCUS H. M cGRAW , LE W IS BOUTON, HUBERT T. BUSHNELL, STRATTON S. KNOX. L E STE R P. BENNETT. WM. A. STOCKWELL, GROVE T. MAXON, A RTH U R F. STILSON, W ILLIA M J. BUCHANAN, BYRON MAXON. FIN AN CIAL RESOURCES Bonds and mortgages...................................... .......................................... $2 ,384,392 00 Stock and bond investments, viz.: S to c k s and bon ds State of New Y ork............... State of Colorado................... State of M assachusetts....... Cities in other States.......... Cities in this State............... Towns in this S tate.............. Villages in this 'State............ School districts in this State R ailroad m ortgage bon d s... Par value $55,000 00 50,000 00 SO, 000 00 185,000 00 731,336 29 20,000 00 227,340 00 93,600 00 375,000 00 $1,817,276 29 Original Estimated cost market value $57,112 50 $58,000 00 50,000 00 38,500 00 87,837 50 75,100 00 188,053 62 182,770 00 750,170 99 725,689 74 20,030 00 20,000 00 231,599 21 225,716 70 96,273 99 92,970 00 367,315 OO 297,350 00 $1, 848,392 81 $1,716,096 44 Other real estate, book value, $15,550; cost, $23,750; actual 1,716,096 44 cash value.................................................................................................. Cash on deposit in banks or trust companies................................. Cash on hand............................. ................................................ ................. Total of collectible interest..................................................................... Amount of all other assets, v iz.: Rents due ............................................................................... New York State barge canal judgm ents...................... 15,550 318,089 80,721 79,989 00 21 78 44 $23 00 4,339 40 4,362 40 $4,599,201 27 L IA B IL IT IE S Amount due depositors, viz.: Principal .............................................................................. $4,183,145 93 Dividends credited or to be credited fo r the six months ending with December 31, 1915...................... 79,639 04 ------------------ $4 ,262 ,78 4 97 Surplus on market value......................................................................... 336,416 30 $47599720127 Surplus on par value, $437,596.15. r:._ CASH TRANSACTIONS DURING THE Y E A R 1915 R E C E IPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day...................... ................................... From depositors, not including dividends credited......................... From interest on loans, deposits and investments........................ From rents from other real estate..................................................... From mortgages........................................................................................... From redemption of stocks and bonds............................................... From stocks and bonds sold (total par value, $ 2 2,50 0)................ From loans paid....................................................................................... From real estate sold................................................................................ [76] $365,382 1,052,7 76 204,903 1,356 134,422 58,980 19,625 550 900 55 25 02 01 50 80 00 00 00 C ortland C o u n ty 77 From all other sources, v iz.: Exchange ................................................................................. Rents received ........................................................... Taxes and insurance premiums advanced, rep a id ... Sundry expenses repaid....................................................... $21 92 00 2,855 46 35 50 200 $3,112 88 $1 ,842,009 01 PAYM ENTS To depositors, including dividends paid to them........................... $1,180,468 30 For loans on bonds and mortgages........... ............................................ 230,750 00 For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $7,628.05).................................. 7,628 05 For interest (other than dividend payments to depositors) 815 32 For current expenses of the bank, viz.: For For For F or salaries ......................................................................... tax es: Surplus,$2,926.92 ; on mortgages, $86 ......... rent o f hanking room s............................................. expenses o f other real estate, v i z .: Repairs .............................................................................. I n s u r a n c e ........................................................................ _ Taxes .................................................................................. O t h e r .................................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking h ou se.. $9,605 00 3,012 92 700 00 768 62 733 86 66 50 63 03 2,870 95 17,839 69 Other payments, viz.: Taxes and insurance advanced....................................... Suspense account .................................. ............................ New York State barge canal judgm ents......................... $1,324 18 33 08 4,339 40 5,696 66 Cash on hand and in hanks or trust companies December 31, 1915, after transactions of the day............................................... 398,810 99 $1,842,009 01 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... 11,879 Number of accounts opened or reopened during the year......... 1,703 Number of accounts closed during the year.................................... 1,671 Amount deposited during the year, not including dividends credited for that period..................................................................... $1 ,052,776 25 Amount withdrawn during the year................................................. 1,180,468 30 Amount of dividends credited and paid for the year, v iz.: Julv 1, 1915.............................................................................. January 1, 1916...................................................................... Credited at other p eriods.................................................... $73,6^6 71 79,639 04 162 91 -----------------Average amount of each account January 1, 1916...................... Number of accounts which exceeded $3,000, exclusive of divi dends credited, at the last trial balance of depositors’ ledgers, except deposits arising from society accounts, or judicial sales, or trust funds, or by order of a court of rec ord or of a surrogate......................................................................... Total amount of such accounts............................................................ Rate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................................ Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................ Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915........................... Net earnings for the year 1915 over expenses and dividends paid to depositors................................................................................ 153,428 66 358 85 1 $3,190 36 3% & 4 4 $207,799 92 17,839 69 153,428 66 36,531 57 DUTCHESS CO UN TY 20. T H E F IS H K IL L S A V IN G S IN S T IT U T E , F IS H K IL L [M ain stre e t; Incorporated 1857] FR AN K LIN R. BENJAMIN, President. CHARLES R. MONTFORT, Treasurer. J. S. LUYSTER, Vice-President. C. D. SHERWOOD, Secretary. A. H. DUDLEY. Vice-President. TRUSTEES F. R. BENJAMIN, J. S. LUYSTER, A L E X . II. DUDLEY, CIIAS. D. SHERWOOD, CHAS. R. MONTFORT. ROBERT W. DOUGHTY, C. C. ROBINSON, J. II. SNYDER, S. L. VAN VOORIIIS, L E W IS K. WOOD, JA R V IS S. PH IL LIP S, CYRUS TOM PKINS, JOHN RAPEL.TE, E. II. FOSIIAY, S. H. PARSONS, WM. II. HAIGH T. JAMES ADKIANCE, J. B. WALDO. FIN AN CIAL RESOURCES Bonds and mortgages.................... Stock and bond investments, viz.: S to c k s and $312,548 40 Par value $7,000 00 18,600 eO 56,351 33 75,321 00 51,000 00 bon ds Cities in this 'State............... Towns in this State.............. Villages in this State............ School districts in this State R ailroad m ortgage bonds___ $208,272 33 Original Estimated cost market value $6,668 75 $7,010 00 19,171 08 19,496 00 59,613 24 58,371 54 78,479 88 78,116 54 51,362 00 40,700 00 $215,294 95 $203,694 08 203,694 08 Banking house and lot, book value, $2,500; cost, $2,500; actual cash value.................................................................................. Other real estate, book value, $864.92; cost, $864.92; actual cash value ............................................................................................. Cash on deposit in banks or trust companies.................................. Cash on hand............................................................................................. Total of collectible interest................................................................... Amount of all other assets, viz.: Land contracts.................... 2 ,5 0 0 00 864 42,877 4,481 7,104 2,605 92 31 57 34 00 $576,675 62 L IA B IL IT IE S Amount due depositors, viz.: Principal ................................................................................. Dividends credited or to be credited fo r the six months ending with December 31, 1915...................... $537,668 31 10,277 35 -----------------Surplus on market value....................................................................... $547,945 66 28,729 96 $576,675 62 Surplus on par value, $33,308.21. CASH TRANSACTIONS DURING THE YEA R 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................ From depositors, not including dividends credited...................... From interest on loans, deposits and investments........................ From mortgages ....................................................................................... From redemption of stocks and bonds............................................... From vll other sources, viz.: Payments on land contracts. . . $48,173 89,305 27,974 20,955 5,365 170 17 19 50 00 00 00 $191,942 86 [78] D utchess C o u n ty 79 PAYMENTS To depositors, including dividends paid to them........................... For loans on bonds and mortgages................................................... For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $ 9 ,8 0 0 )...................................... For interest (other than dividend payments to depositors) . . . . For current expenses of the bank, viz.: For salaries ........................................................................... For ta x e s: Banking house. $33.44 ; surplus, $197.62.. F or expenses, except taxes, o f banking h o u se : Repairs .............................................................................. I n s u r a n c e ......................................................... 21 O t h e r .................................................................. 124 For expenses o f other real estate, viz. : Insurance ......................................................................... Taxes .................................................................................. Other .................................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. $100,810 08 30,200 00 10,355 58 311 43 $1,525 00 231 06 1 50 82 54 3 40 9 25 4 37 477 25 2,398 19 Other payments, viz.: Taxes and insurance premiums advanced.................... Foreclosure expenses ........................................................... $2 13 506 57 508 70 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 47,358 88 $191,942 86 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... Number of accounts opened or reopened during the year......... Number of accounts closed during the year...................................... Amount deposited during the year, not including dividends credited for that period..................................................................... Amount withdrawn during the year................................................. Amount of dividends credited and paid for the year, viz.: July 1, 1915.............................................................................. January 1, 1916........................................................................ $89,305 19 100,810 08 $10,219 60 10,277 35 Average amount of each account January 1, 1916...................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................................ Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................ Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915............................... Dividends paid to depositors for the year 1915............................. Net earnings for the year 19T5 over expenses and dividends paid to depositors................................................................................ 1,059 83 67 20.496 95 517 41 4 4 $26,472 81 2,398 19 20.496 95 3,577 67 R eport on S avings B an k s 80 21. M ATTEAW AN S A V IN G S B A N K , B E A C O N [572 Main stre e t; Incorporated 1866] SAMUEL K. P H IL LIP S, President. BENJAMIN SULLIVAN, Treasurer. ADDISON G. ORMSBEE, Vice-Pres. PE TER H. VOSBURGH, Secretary. FRANK H. BRETT, Vice-President. TRUSTEES ADDISON G. ORMSBE, BENJAMIN SULLIVAN, B. FRANK GREENE, SAMUEL K. PH IL LIP S, T. J. CUNNINGHAM, FRAN K II. BRETT, WM. H. SOUTHARD, BENJ. I. D. ROOSA, JOHN O. W IXOM , PE TE R H. VOSBURGH, GUSTAVE A. SCHRADER, SHERWOOD P H IL LIP S, FRAN K A. BROCKWAY, JOHN H. LYNCH, LOUIS E. KAM PF, HENRY S. CORNEY, EUGENE B. SMITH. HENRY D. JACKSON, PAULI, J. CHALLEN, F. H. VAN IIOUTEN. FINANCIAL RESOURCES Bonds and mortgages............................................ Stock and bond investments, viz.: S to c k s and bon ds Cities in this State............... Towns in this State............ Villages in this State............ 'School districts in this State Railroad mortgage b o n d s... $518,213 00 Par value $116,000 00 5,000 00 119,300 00 29,125 00 76,000 00 Estimated Original cost market value $111,366 60 $111,730 00 5,225 00 5,300 00 123,154 32 120,271 00 31,090 65 29,279 50 74,831 25 60,200 00 $345,425 00 $345,667 82 $326,780 50 326,780 50 Other real estate, book value, $461.49; cost, $461.49; actual cash value ................................................................................................ Cash on deposit in banks or trust companies.................................. Cash on hand............................................................................................. Total of collectible interest................................................................... Amount of all other assets, viz.: 461 69,229 1,041 12,997 36 Land contract..................... 49 87 70 01 00 $928,759 57 L IA B IL IT IE S Amount due depositors, viz.: Principal ................................................................................ Dividends credited or to be credited fo r the six m onths ending with December 31, 1915.................... $860,188 06 16,557 42 -----------------Other liabilities, viz.: Dividends accrued on deposits to January 1, 1916.................................................................................... Surplus on market value...................................................................... $876,745 48 5,461 30 46,552 79 $928,759 57 Surplus on par value, $65,197.29. CASH TRANSACTIONS DURING THE YEA R 1915 R E C E IPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................ From depositors, not including dividends credited........................ From interest on loans, deposits and investments......................... From mortgages ....................................................................................... From redemption of stocks and bonds............................................... From all other sources, viz.: Taxes and insurance premiums advanced, refunded .............................................................................. $54,256 177,896 43,723 18,979 9,900 19 58 25 00 00 590 67 $305,345 69 81 D utchess C o u n ty PAYMENTS To depositors, including dividends paid to them......................... For loans on bonds and mortgages...................................................... For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $ 1 5,40 0)...................................... For interest (other than dividend payments to depositors) . . , For current expenses of the hank, viz.: For salaries ........................................................................... For taxes : Surplus.............................................................. For rent o f banking room s............................................... For other expenses, not including expenses o f other real estate nor other expenses o f banking h ou se.. $178,363 72 35,225 00 15,479 90 147 85 $2,332 00 367 07 360 00 530 16 -----------------For real estate acquired by foreclosure, or in settlement of debts due the bank .............................................................................. Other payments, viz.: Taxes and insurance premiums advanced ........................................................................................... .. Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. 3,589 23 461 49 1,806 93 70,271 57 $305,345 69 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... Number of accounts opened or reopened during the year......... Number of accounts closed during the year................................. Amount deposited during the year, not including dividends credited for that period..................................................................... Amount withdrawn during the year................................................... Amount of dividends credited and paid for the year, viz.: May 1. 1915 ........................................................................... November 1, 1915..................................................................... $177,896 58 178,363 72 $16,459 48 16,557 42 Average amount of each account January 1, 1916...................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915........................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................ Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 1,978 232 256 33.016 90 443 25 4 4 $44,410 40 3,589 23 33.016 90 7,S04 27 82 R eport on S avings B a n k s 22. M E C H A N IC S S A V IN G S B A N K , B E A C O N [91 Main street; Incorporated 1866] JOHN T. SMITH, President. BERTRAM L. SM ITH, Treasurer. E D W ARD R. CORWIN, Secretary. TRUSTEES JOHN T. SMITH, BENJAM IN HAMMOND, JOHN W. CORWIN, BERTRAM L. SMITH, PRESTON GREENE, FERD. LOUGHRAN, CHESTER BOND, AN DREW BARNES, JAMES E. VAN HOUTEN, W. .1. PR ALA TOW SKI. AARON E. ALDRIDGE, WM. J. CONKLIN, FRAN K L. HOWARD, S. M. DAVIDSON, A. II. BLACKBURN, HENRY MONTGOMERY, WM. YATES GEORGE CHATTERTON, R. F. C. KIEB, HOMER H. STUART, ROBERT MCKINLEY. FINANCIAL RESOURCES Bonds and mortgages.......................................... Stock and bond investments, viz.: S t o c k s and, b o n d s Cities in other States............ Cities in this State............... Counties in this State............ Towns in this State............... Villages in this State............ School districts in this State R ailroad m ortgage b on d s... Par value $127,000 00 293,519 66 45,000 00 237,000 00 563,191 73 193,050 00 242,000 00 $1,700,761 39 $869,051 41 Original Estimated cost market value $132, 631 70 $127,480 00 301,151 16 285,299 07 49,600 50 45,450 00 245,438 21 239,000 00 562,451 06 583,168 63 202,951 10 197,643 50 239,050 00 195,260 00 $1,753,991 30 $1, 652,583 63 1,652,583 63 Banking house and lot, book value, $15,000; cost, $22,460.22; actual cash value*................................................................................. Other real estate, book value, $8,564.23; cost, $8,564.23; actual cash value ................................................................................................ Cash on deposit in banks or trust companies................................. Cash on hand ......................................................................................... . Total of collectible interest............................................................ .. Amount of all other assets, viz.: Land contracts ...................................................................... Rent accrued ........................................................................ Insurance and taxes advanced....................................... 15,000 00 8,4 50 128,183 2,804 39,684 $22,950 00 25 00 1,636 33 00 27 87 55 24,611 33 $2 ,740,369 06 L IA B IL IT IE S Amount due depositors, viz.: Principal ................................................................................. $2,410,983 77 Dividends credited or to be credited fo r the six months ending with December 31, 1915.................... 46,690 38 ------------------ $2,457,674 15 Other liabilities, viz.: Dividends accrued on deposits to January 1. 1916... Expenses incurred but unpaid, bonds fo r officers---- $16,384 49 37 50 16,421 99 266,272 92 Surplus on market value....................................................................... Surplus on par value, $314,450.68. $2,740,369 06 ■ ■ CASH TRANSACTIONS DURING THE YEA R 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividends credited...................... From interest on loans, deposits andinvestments........................ From rents from banking house......................................................... From rents from other real estate.................................................... $105,267 346,020 119,674 845 305 20 58 24 00 46 D utchess C o u n ty 83 From mortgages ...................................................................................... From redemption of stocks and bonds.............................................. From all other sources, viz : C o u n t y c le r k ................................................................................................ T a x e s a n d I n s u r a n c e p r e m iu m s a d v a n c e d , r e f u n d e d . L a n d c o n t r a c t s ............................................................................................ S u s p e n s e a c c o u n t ..................................................................................... $50 192 250 6 $15,540 00 45,366 67 95 24 00 00 -------------------------------------- 49919 $633,518 34 PAYM ENTS To depositors, including dividends paid to them........................... For loans on bonds and mortgages..................................................... For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $49,10 0)...................................... For interest (other than dividend payments to depositors) . . . For current expenses of the bank, viz.: F or salaries .......................................................................... For ta x es: Banking house,$375.20 ;surplus, $2,290.59. F or expenses, except taxes, o f banking house : Repairs .............................................................................. Insurance ......................................................................... Other ................................................................................. For expenses o f other real estate, viz. : Repairs .............................................................................. Insurance ......................................................................... Taxes ................................................................................. Other ................................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking h o u se .. $414,284 42 22,695 00 50,783 09 798 41 • $5,749 96 2,665 79 448 67 174 66 581 08 20 54 108 3 16 80 06 00 976 47 -------------------------------------- 10,782 65 For real estate acquired by foreclosure, or in settlement of 1,313 36 debts due the bank................................................................................ Other payments, viz.: County clerk .......................................................................... Taxes and insurance premiums advanced........................ Suspense account ................................................................ $41 90 1,824 37 7 00 -------------------------------------- 1,873 27 Cash on hand and in banks or trust companies December 31, 1915, aftertransactions of the day................................................. 130,988 14 $633,518 34 . STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... Number of accounts opened or reopened during the year......... Number of accounts closed during the year...................................... Amount deposited during the year, not including dividends credited for that period..................................................................... Amount withdrawn during the year................................................... Amount of dividends credited and paid for the year, viz.: M a y 1. 1915......................................................................................................... N o v e m b e r 1, 1915........................................................................................... C r e d it e d a t o t h e r p e r io d s ................................................................... $346,020 58 414,284 42 $47,373 12 46,690 38 7 01 Average amount of each account January 1, 1916...................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915........................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................ Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 5,037 405 413 94.070 51 487 92 4 4 $120,335 59 10,782 65 94.070 51 15,482 43 R eport on S avings B a n k s 84 23. P A W L IN G S A V IN G S B A N K , P A W L IN G [Incorporated 1870] W ILLIA M H. TABER. President. HENRY D. W ARNER, Vice-President. W ILLIA M II. OSBORN, Vice-President. GEORGE A. DANIELS, Treasurer. HOW ARD N. ALLEN, Secretary. TRUSTEES W ILLIA M II. TABER, HENRY A. HOLMES, GEORGE H. ADAMS, HENRY S. WANZER, M ERRICK D. GREEN, HOW ARD N. ALLEN, W ILLIA M II. OSBORN, GEORGE A. DANIELS, •FRED C. TABER, FRAN K FRANK ORSON HENRY HENRY A. DENTON, HOAG, W. SLOAT, D. W ARNER, F. BLESSING. FINANCIAL RESOURCES Bonds and mortgages..................... Stock and bond investments, viz.: S to c k s and bon ds State o f M assachusetts ___ Cities in other S ta tes......... Cities in this S tate............... Counties in this S tate........ Towns in this S tate............ Villages in this State.......... School districts in this State Railroad mortgage bonds ... $404,325 00 Par value $10,000 00 40.000 00 39,400 00 15.000 00 27.000 00 64,020 00 48,600 00 113,000 00 $357,020 00 Estimated Original cost market value $10,900 00 $9,300 00 41,302 00 40,750 00 40,699 35 38,158 50 16,200 00 14,850 00 28,069 40 28,0-0 00 65,094 51 63,290 80 49,924 70 49,177 50 119,610 45 93,400 00 $371,800 41 $337,006 80 337,006 80 Banking actual Cash on Cash on Total of house and lot, book value, $10,000; cost, $10,825.54; cash value ................................................................................ deposit in banks or trust companies............................... hand ............................................................................................. collectible interest..................................................................... 6,000 00 52,950 31 2,009 57 9,047 48 $811,339 16 L IA B IL IT IE S Amount due depositors, viz.: Principal ................................................................................. Dividends credited or to be credited for the six months ending with December 31, 1915 $748,616 62 13,76870 ------------------ $762,385 32 Other liabilities, v iz.: Expenses incurred, but unpaid : 'Salaries ............................................................................ Calendars ......................................................................... Surplus on market value $110 00 42 25 -------------------------------------- 15225 ................................................. 4S,801 59 $811,339 16 Surplus on par value, $68,814.79. GASH TRANSACTIONS DURING THE YEAR 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day................................................. From depositors, not including dividends credited.................... From interest on loans, deposits and investments...................... From mortgages ......................................................................................... From redemption of stocks and bonds............................................... $52,934 132,826 35,801 9,500 17,020 25 20 28 00 00 $248,081 73 D utchess C o u n ty 85 PAYMENTS To depositors, including dividends paid to them For loans on bonds and mortgages........................ For current expenses of the bank, viz.: For salaries ......................................................................... For taxes : Banking house, $152.72 ; surplus, $360.88 ; For expenses, except taxes, o f banking h o u se : Repairs ........................................................................ Insurance ......................................................................... Other ................................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking h ou se.. $153,148 92 36,400 00 $2,143 25 513 60 68 21 15 0 0 85 88 746 99 3,572 93 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 54,959 88 $248,081 73 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... Number of accounts opened or reopened during the year........... Number of accounts closed during the year................................... Amount deposited during the year, not including dividends credited for that period........................................................................ Amount withdrawn during the year................................................. Amount of dividends credited and paid for the year, viz.: July 1, 1915 ........................................................................... January 1, 1916 ..................................................................... $132,826 20 153,148 92 $13,663 49 13,768 70 Average amount of each account January 1, 1916...................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915.......................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................. Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors ................................................................................ 2,081 224 195 27.432 19 366 34 3 &4 3 &4 $35,606 70 3,725 18 27.432 19 4.4 49 33 86 R eport on S avings B a n k s 24. P O U G H K E E P S IE S A V IN G S B A N K , P O U G H K E E P S IE [21 and 23 M arket stre e t; F L O Y M . J O H N S T O N , P r e s id e n t . E D W A R D S . A T W A T E R , V i c e -P r e s . C H A R L E S F . C O S S U M , V i c e -P r e s . in c o r p o r a t e d 1831] J. F R E D L O V E J O Y , T reasu rer. H A R R Y E . M E E K S , A s s t. T reasu rer. TRUSTEES F R A N K B. LOW N, H EN RY V. PELTON, E D W A R D S. A T W A T E R , H E N R Y E. LO SEY, W M . T. R EYN O LD S, J O H N C. O T IS , FL O Y M . JO H N STO N , G U IL F O R D D U D L E Y . JA M ES H . YOUNG, C H A R L E S F. COSSU M . C L A R E N C E W . P IE R C E , W I L l .E T E . H O Y S R A D T , H EN RY BOOTH, FIN AN CIAL RESOURCES Bonds and mortgages................................................................................ $7,938,815 65 Stock and bond investments, viz.: Par value State o f Idaho ..................... $50,000 00 State o f Massachusetts . . . . 200,000 00 90,000 00 State o f Utah ...................... Cities in other States......... 578,500 00 Cities in this State.............. 2,144,916 25 Counties in this State.......... 287,500 00 Towns in this State..... 138,682 99 Villages in this S ta te........... 874,269 31 School districts in this State 235,400 00 R ailroad mortgage bonds .. 2,023,000 00 S to c k s and bon ds $6,622,268 55 Original Estimated cost market value $49,160 00 $48,500 00 215,460 00 185,000 00 90,054 50 86,400 00 604,980 63 566,420 00 2,208,682 74 2,099,530 63 308,193 00 286,935 00 144,086 86 140,687 14 894,433 91 873,812 53 245,022 43 238,956 50 2,066,723 09 1,669,950 00 $6,826,797 16 $6,196,191 80 ------- =°— = -----=•........ Loans upon pledge of securities............................................................ Banking house and lot, book value, $130,000; cost,. $193,328.60; actual cash value................................................................. Cash on deposit in banks or trust companies............................... Cash on hand ................................................... . . ................... ................... Total of collectible interest................................................................. Amount of all other assets, viz.: Land contracts ..................................................................... Cherry Street Realty Company accoun t...................... Taxes advanced ................................................................... J , 196,191 80 900 OO 130,000 576,868 114,566 175,898 00 52 78 45 $1,693 00 21,889 16 43 98 -------------------------------------- 23,626 14 $15,156,867 34 L IA B IL IT IE S Amount due depositors, viz.: P r in c ip a l ............................................................................................................ $14,028,609 46 D iv id e n d s c r e d ite d o r t o be c r e d ite d f o r t h e s ix m o n t h s e n d in g w i t h D e c e m b e r 31, 1915 ............................. 270,110 21 ------------------ $14,298,719 67 Surplus on market value......................................................................... 858,147 67 Surplus on par value, $1,284,224.42. $15,156,867 34 1 CASH TRANSACTIONS DURING THE YEA R 1915 R E C E IP T S Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividends credited...................... From interest on loans, deposits and investments......................... From rents from other real estate........................................................ From mortgages ......................................................................................... From redemption of stocks and bonds............................................... From stocks and bonds sold (total par value, $ 1 0,00 0).............. From real estate sold...............................................,................................ $545,765 2,1 3 4 ,2 4 2 662,841 858 670,090 188,012 10,000 110,000 17 04 73 00 14 73 00 00 D utchess C o u n ty 87 From all other sources, viz.: Taxes and insurance premiums advanced refunded. Attorney and examination fees....................................... Cherry Street Realty Company accoun t...................... Land contracts ..................................................................... $11,960 2,231 11,148 27 13 03 39 00 $25,366 55 $4,347,176 36 PAYM ENTS To depositors, including dividends paid to them............................. $2 ,606,186 55 For loans on bonds and mortgages..................................................... 827,177 60 For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $26,820.98)...................................... 27,066 86 For interest (other than dividend payments to depositors) 141 02 For current expenses of the bank, viz.: For salaries .......................................................................... For ta x e s : Banking house, $1,888 ; surplus, $7,037.83 . F or expense, except taxes, o f banking h o u se : Repairs .............................................................................. Insurance ......................................................................... Other ................................................................................. For expenses of other real estate, v i z .: Repairs ............................................................................. Insurance ......................................................................... Taxes ................................................................................ Other................................................................................... F or other expenses, not including expenses of other real estate nor other expenses o f banking house.. $21,031 67 8,925 83 619 12 7 00 607 46 42 47 1,145 217 47 04 36 54 6,109 92 38,753 41 For real estate acquired by foreclosure, or in settlement of debts due the bank ........................................................................................... Other payments, viz.: Taxes and insurance premiums advanced................... Cherry Street Realty Company accoun t...................... Cash short ........................................................................... Overcharges o f interest refunded.................................. Loss on mortgage satisfied............................................... $11,525 9,824 173 1,335 90 133,466 75 80 18 00 89 00 22,948 87 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. 691,435 30 $4,347,176 36 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... 27,739 Number of accounts opened or reopened during the year........... 3,575 Number of accounts closed during the year...................................... 2,493 Amount deposited during the year, not including dividends credited for that period..................................................................... $2,134,242 04 Amount withdrawn during the year................................................... 2,6 06,1 86 55 Amount of dividends credited and paid for the year, viz.: July 1, 1915 ........................................................................... January 1, 1916 ..................................................................... Credited at other periods................................................. $267,785 47 270,110 21 10 28 Charged..................................................................................... $537,905 96 33 36 -----------------Average amount of each account January 1, 1916........................ Rate per cent, of dividends to depositors during the six months ending June 30, 1915........................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915............................... ................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiumsanddiscounts................................... Total expenses of the bank fortheyear 1915............ Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 537,872 60 515 47 4 4 657,102 76 38,753 41 537,872 60 80,476 75 88 R epoet on S avings B an ks 25. RHINEBECK SAVINGS BANK, RHINEBECK [15 M ontgomery stre e t; incorporated 1860] AUGUSTUS M. TR AV E R , President. M ARTIN HEERMANCE. Vice-Pres. M. V. B. SCHRYVER, Vice-President. THADDEUS A. TR AVER, Treasurer. TRUSTEES AUGUSTUS M. TRAVER, M. V. B. SCHRYVER, THAD. A. TRAVER, M ARTIN IIEERMANCE, A. LEE WAGER, JAS. S. ARMSTRONG, W ILLIA M R. CARROLL, M AN DEVILLE S. FROST, ELM ER COON, CHAS. B. HOFFMAN, EUGENE P. BUDD, CHARLES FERRIS, TRACY DOWS, MARCUS M. LOWN, JOHN P. HERMANS, FIN AN CIAL RESOURCES Bonds and mortgages............................................... Stock and bond investments, viz.: Par S to c k s and v a lu e bon ds $10,000 4.000 10,000 60,000 102,650 8,000 27,300 115,585 143,000 U n i t e d S t a t e s ........................... S ta te o f M a s s a c h u s e tts .. S t a t e o f L o u i s i a n a ................ C it ie s in o th e r S t a t e s ......... C it ie s in t h is S t a t e .............. C o u n t ie s in t h is S t a t e ___ Towns in t h i s S t a t e .............. V i l l a g e s in t h is S t a t e ......... R a ilr o a d m o r t g a g e b o n d s . 00 00 oo 00 00 00 00 40 00 $480,535 40 $363,542 25 O r ig in a l cost E s tim a te d m a r k e t v a lu e $12,050 4,185 9,975 65,415 107,773 9,165 28,303 122,955 148,926 $11,000 3,810 10,560 59,080 101,435 7,980 27,355 114,313 130,650 00 00 00 90 00 00 50 15 55 $508,749 10 00 00 00 00 00 00 00 64 00 $466,213 64 466,213 64 B a n k in g h o u se and lo t, book v a lu e , $ 5 ,0 0 0 ; co st, $ 1 0 ,1 1 1 .2 0 ; actual cask value Cash on deposit in banks or trust companies................................. Cash on hand............................................................................................. Total of collectible interest................................................................... Amount of all other assets, v iz.: Taxes and insurance pre miums advanced 5,000 41,400 14,017 11,155 00 16 17 57 20 30 $901,355 09 L IA B IL IT IE S Amount due depositors, viz.: Principal ................................................................................. Dividends credited or to be credited for the six months ending with December 31, 1915...................... $831,942 71 15,150 44 -----------------Surplus on market value......................................................................... $847,093 15 54,261 94 $901,355 09 Surplus on par value, $68,583.70. CASH TRANSACTIONS DURING THE YEA R 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividends credited...................... From interest on loans, deposits and investments........................ From mortgages......................................................................................... From redemption of stocks and bonds............................................... From all other sources, viz.: Taxes and insurance premiums advanced, refunded................................................................................ $38,946 10S,981 39,471 16,142 23,650 36 88 05 32 00 148 40 $227,340 01 D utchess C o u n ty 89 PAYM ENTS To depositors, including dividends paid to them........................... For loans on bonds and mortgages..................................................... For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $5,068.75)........................................ For interest (other than dividend payments to depositors) . . . For current expenses of the bank, viz.: For salaries ......................................................................... For taxes : Banking house, $124.75 ; surplus, $439.93 ; on mortgages, $9 ............................................................... For expenses, except taxes, o f hanking house : Repairs................................................................................ Insurance. . . . ................................................................ Cther................................................................................... For other expenses, not including expenses of other real estate nor other expenses o f banking house.. $127,394 25 34,850 00 5,068 75 38 89 $3,175 00 573 68 2 85 27 20 10 50 618 62 4,407 85 Other payments, viz.: Taxes and insurance premiums ad vanced, refunded Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. 162 94 55.417 33 $227,340 01 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... Number of accounts opened or reopened during the year........... Number of accounts closed during the year................................... Amount deposited during the year, not including dividends credited for that period....................................................................... Amount withdrawal during the year................................................. Amount of dividends credited and paid for the year, viz.: July 1. 1915 ........................................................................... January 1, 1916 .................................................................... $ 1 0 8 ,9S1 88 127,394 25 $15,063 12 15,150 44 Average amount of each account January 1, 1916........................ Rate per cent, of dividends to depositors during the six months ending June 30, 1915........................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 2,908 198 234 30.213 56 291 29 3 and 4 3 and 4 $38,304 56 4.407 85 30.213 56 3,683 15 90 R epoet on S avin gs B a n k s 26. W A P P IN G E R S A V IN G S B A N K , W A P P IN G E R S F A L L S [2 Mill street; incorporated 1869] JAMES R. BARLOW , President. W ILLIA M A. B REW STER, Treasurer. I. T. N. 'HARCOURT, Vice-President. .T. W. CORNELL. Asst. Treasurer. CHARLES T. JONES, Vice-President. W ILLIA M K. ROY, Secretary. TRUSTEES JOHN H. DAKIN, WM. A. BREW STER, W IL L IA M K. ROY, JAMES R. BARLOW, J. W YCKOFF CORNELL, JOHN H. W IXSON, GEORGE H. ANGELL, CHARLES T. JONES, R. H. BREED. THOMAS J. CASHIN. W ILLIA M J. W ORKMAN, I. T. N. HARCOURT, G. A. CUNNINGHAM, FIN AN CIAL RESOURCES Bonds and mortgages.............................................. Stock and bond investments, viz.: S to c k s and bon ds Cities in this State............... Counties in this S tate........ Towns in this State.............. Villages in this S tate.......... School districts in this State Railroad mortgage bonds .. Par value $7,426 67 58,746 69 21,400 (XI 41,100 00 29,500 00 104,000 00 $262,173 36 $396,185 00 Original Estimated cost market value $7,576 07 $6,849 73 59,254 69 57,346 69 22,706 28 21,012 00 42,026 00 42,034 98 29,775 00 30,075 70 90,780 00 107,291 25 $268,938 97 $247,789 42 Cash on deposit in banks or trust companies................................. Cash on hand............................................................................................... Total of collectible interest..................................................................... Amount of all other assets, viz.: New York State barge canal judgments ............................................................................................... 247,789 47,109 3,091 10,019 42 79 71 86 4 ,1 30 00 $708,325 78 L IA B IL IT IE S Amount due depositors, viz.: Principal.......................................... Other liabilities, viz.: Dividends accrued on deposits to January 1, 1916....................................................................................... Surplus on market value......................................................................... $663,280 27 6,400 00 38,645 51 $708,325 78 Surplus on par value, $53,029.45. CASH TRANSACTIONS DURING THE YEA R 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividends credited........................ From interest on loans, deposits and investments........................ From rents from other real estate....................................................... From mortgages ......................................................................................... From redemption of stocks and bonds................................................. From real estate sold................................................................................ From all other sources, viz.: Insurance rebate...................... $47,043 127,633 33,412 224 9,957 60,900 5,700 5 89 45 55 00 00 00 00 55 $284,876 44 PAYM ENTS To depositors, including dividends paid to them........................... For loans on bonds and mortgages..................................................... For stocks and bonds purchased, including premiums, commis sions, etc. ( total par value, $49,246.69)...................................... For interest (other than dividend payments to depositors).. $152,645 70 23,000 00 49,543 19 1,090 63 91 D utchess C o u n ty For current expenses of the bank, viz.: For For F or F or salaries .................................................................. taxes : 'Surplus,$389.33 ; on mortgages, $24.......... rent o f banking room s.............................................. expenses o f other real estate, v i z .: Repairs ............................................. T a x e s ................................................................................. Other ................................................................................. F or other expenses, not including expenses of other real estate nor other expenses o f banking house.. $2,650 00 413 33 180 00 28 48 195 25 11 60 614 26 $4,092 92 Other payments, viz.: Commission on sale o f real estate.................................. A ttorney’ s fees ................................................................... New York State barge canal judgm ents purchased. $142 50 30 00 4,130 00 4,302 50 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 50,201 50 $284,876 44 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... Number of accounts opened or reopened during the year........... Number of accounts closed during the year...................................... Amount deposited during the year, not including dividends credited for that period..................................................................... Amount withdrawn during the year................................................... Amount of dividends credited and paid for the year, viz.: A pril 1, 1915 ........................................................................... October 1, 1915 ..................................................................... 201 185 $127,633 45 152,645 70 $12,792 88 12,649 85 Average amount of each account January 1, 1916...................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................................ Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 1,721 25.442 73 385 40 4 4 $32,741 41 4,265 42 25.442 73 3,033 26 ERIE COUNTY 27. A M E R I C A N S A V I N G S B A N K OF B U F F A L O , B U F F A L O [215 Main street; incorporated 1907] H E RBERT A. ME'LDRUM, President. CHARLES .T. F IX , Vice-President. JOHN M. SATTE R FIELD , Vice-Pres. W ILLIA M P. LUEDEKE, Secretary. TRUSTEES FRAN K X. ARGUS, CHAS. AN TON IAZZI, W ILLIAM T. A TW A TE R, GEORGE K. BIRGE, ALFRED II. BURT, MYRON P. BUSH, EDW ARD H. BUTLER. CHARLES J. F IX , F. E. FRONCZAK. L. P. FUHRMANN, JAMES HANRAHAN, ROBERT H. HEUSSLER, WM. IT. HOTCHKISS, DUDLEY M. IRWIN, B ERT L. JONES, WM. P. LUEDEKE. NORMAN E. MACK, ,T. M. S A TTE R FIELD , THOMAS STODDART. CHAS. W. TOYNBEE, H. A. MELDRUM, G. M. ZIM M ERMAN. J. G. W ALLE N M E IE R , Jn. FIN AN CIAL RESOURCES Bonds and mortgages................................................................................ $1 ,470 ,65 0 00 Stock and bond investments, v iz.: Par value 530.000 00 65,000 00 158,593 85 33,000 00 77,000 00 363,000 00 S to c k s and bon ds ■State o f New M exico.......... Cities in other States.......... Cities in this S tate.............. Towns in this S tate............ Villages in this State.......... R ailroad mortgage bon d s... 5726,593 85 Original Estimated cost market value 529,333 86 5?9,700 00 66,771 77 66,025 00 157,105 37 158,632 20 34,073 08 33, 630 00 77,005 57 77,030 00 358, 638 01 338,100 00 5722,927 66 5703,117 20 703,117 181,945 12,290 18,485 Cash on deposit in banks or trust companies................................. Cash on hand............................................................................................... Total of collectible interest..................................................................... Amount of all other assets, viz.: New York State barge canal judgments ................................................................................................ 20 25 28 67 5,404 88 $2,391,902 28 L IA B IL IT IE S Amount due depositors, viz.: Principal ................................................................................. 52,314,046 26 Dividends credited or to be credited for the six months ending with December 31, 1915 43,415 15 ------------------ $2,357,461 41 Surplus on market value......................................................................... 34,440 87 $2,391,902 28 Surplus on par value, $57,917.52. CASH TRANSACTIONS DURING THE YEA R 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividends credited...................... From interest on loans, deposits and investments............. : . . . . From mortgages........................................................................................... From redemption of stocks and bonds............................................... From stocks and bonds sold (total par value, $ 5 1.00 0)............. From all other sources, viz.: Collections and exchange............. $137,920 9 3 5 ,S68 111,943 142,770 17,678 51,142 182 62 42 14 00 00 69 96 $1,397,505 83 [92] 93 E rie C o u n ty PAYM EN TS To depositors, including dividends paid to them........................... For loans on bonds and mortgages..................................................... For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $123,200).......................................... For interest (other than dividend payments to depositors) For current expenses of the bank, viz.: For salaries .......................................................................... For taxes : Surplus............................................................ For rent o f banking room s............................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. $848,947 41 211,850 00 122,646 84 1,691 14 $6,331 40 21 67 4,000 00 2,473 94 12,827 01 Other payments, viz.: New York State barge canal judgments purchased ................................................................................................ Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. 5,298 90 194,244 53 $1,397,505 83 STATISTICAL INFORMATION Number of open accounts January 1, 1916........................................ Number of accounts opened or reopened during the year........... Number of accounts closed during the year...................................... Amount deposited during the year, not including dividends credited for that period....................................................................... Amount withdrawn during the year................................................... Amount of dividends credited and paid for the year, viz.: July 1, 1915 ........................................................................... January 1. 1916 ................................................................... Credited at other periods................................................. $935,868 42 848,947 41 $42,173 12 43,355 33 130 20 Average amount of each account January 1, 1916........................ Number of accounts which exceeded $3,000, exclusive of divi dends credited, at the last trial balance of depositors’ ledgers, except deposits arising from society accounts, or judicial sales, or trust funds, or by order of a court of record or of a surrogate..................................................................... Total amount of such accounts............................................................ Rate per cent, of dividends to depositors during the six months ending June 30, 1915........................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the hank for the year 1915................................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 5,685 1,881 1,402 85,658 65 414 68 2 $6,048 64 4 4 $110,336 12 12,827 01 85,658 65 11,850 46 R epoet on S avin gs B a n k s 94 28. B U F F A L O S A V IN G S B A N K , B U F F A L O [545 M ain street; E. CORNING TOWNSEND, President. CHARLES L. GURNEY, Vice-Pres. SEYMOUR P. W H ITE , Vice-Pres. incorporated 1846] GEORGE D. SEARS, Secretary. F. X. W ANEMACHER, Treasurer, CHARLES DENNY, Asst. Secretary. TRUSTEES E. CORNING TOWNSEND, WM. H. GLENNY, GEORGE B L EiST E IN . RICH ARD E. GAVIN. CHARLES L. GURNEY, JOHN L. CLAWSON, SEYMOUR P. W H ITE, HENRY M. GERRANS, De w i t t c l i n t o n , C. B. PORTER, JOHN B. OLMSTED, JOHN A. MANN, WM. HUDSON, HUGH KENNEDY. EDW ARD L. KOONS. FIN AN CIAL RESOURCES Bonds and mortgages...................... Stock and bond investments, viz.: $2 0,023,823 51 Par value State o f California .............. $101,000 00 State o f Louisiana .............. 100,000 00 Cities in other States.......... 5,962,500 00 Cities in this State.............. 3,199,953 33 Counties in this State......... 540,500 00 Towns in this State.............. 79,000 00 176,370 30 Villages in this State............ School districts in this State 103,000 00 R ailroad mortgage bonds .. 6,035,000 00 Original Estimated cost market value $96,328 75 $9-4,940 00 109,655 00 104,500 00 6,238,137 36 5,972,951 00 3,323,700 14 3,223,189 63 547,415 00 553,837 17 84,332 50 77,420 00 178,355 33 168,907 33 104,905 00 103,420 00 7,035,910 40 5,879,330 00 S to c k s and bon ds 96 $16,297,323 63 $17,725,161 65 $16,172,076 ......................... — = = = = = — Banking house and lot, book value, $250,000; cost, $583,734.76 actual cash value..................................................................................... Other real estate, book value, $247,735.52; cost, $247,735.52; actual cash value.................................................................................. Cash on deposit in banks or trust companies. ................................ Cash on hand................................................................................................ Total of collectible interest..................................................................... 16, 172,076 96 583,734 76 247.735 3,6 3 1 ,3 8 0 350,200 324,249 52 67 52 76 $41,333,201 70 L IA B IL IT IE S Amount due depositors, viz.: Principal .................................................................................$37,562,910 59 Dividends credited or to be credited for the six months ending with December 31, 1915...................... 717,168 32 ------------------ $38,280,078 91 Surplus on market value ....................................................................... 3,053,1 22 79 $41,333,201 70 Surplus on par value, $3,178,369.46. CASH TRANSACTIONS DURING THE YEA R 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... $2,490,599 91 From depositors, not including dividends credited......................... 9,4 90,8 85 47 From interest on loans, deposits andinvestments.......................... 1,884,547 60 From rents from other real estate..................................................... 19,204 00 From m ortgages.................... .................................................................... 725,179 01 From redemption of stocks and bonds............................................... 988,045 53 From real estate sold............................................................................... 100,300 00 E rie C o u n ty 95 From all other sources, viz.: Rebate on electric light bills............................................ Land contracts ................................................................... $12 30 4,347 00 ------------------ $4,359 30 $1 5,70 3,1 20 82 PAYMENTS To depositors, including dividends paid to them............................. $10,105,401 00 1,469,S7S 07 For loans on bonds and mortgages..................................................... For interest (other than dividend payments to depositors) . . . . 05 52 For current expenses of the bank, viz.: For salaries ......................................................................... For t a x e s : Banking house, $16,161.19; surplus, $20,795.03 ................................................................................ F or expense, except taxes, o f banking house: Insurance .......................................................................... Repairs .............................................................................. Other ................................................................................. For expenses o f other real estate, v i z .: Repairs................................................................................ Insurance........................................................................... Taxes ................................................................................. Other ................................................................................. F or other expenses, not including expenses of other real estate nor other expenses o f banking h ou se.. $67,467 74 36,956 22 1,306 97 558 14 9,746 55 2,818 396 5,756 3,122 63 33 22 82 15,005 42 143,13-5 04 For real estate acquired by foreclosure, or in settlement of debts due the bank................................................................................ Other payments, viz.: Amount advanced on option, refunded Cash on hand and in banks or trust companies December 31, 1915, after transactions of the d a y . . . ......................................... 2,500 00 500 00 3,981,581 19 $15,703,120 82 STATISTICAL INFORMATION Number of open accounts January 1, 1916........................................ 66,054 Number of accounts opened or reopened during the year........... 11,694 Number of accounts closed during the year...................................... 9,523 Amount deposited during the year, not including dividends credited for that period....................................................................... $9,490,885 47 Amount withdrawn during the year................................................... 10,105,461 00 Amount of dividends credited and paid for the year, viz.: July 1, 1915 ........................................................................... January 1, 1916 ................................................................... Credited at other period s................................................ Paid but not credited-......................................................... $714,001 717,168 9,628 65 95 32 08 52 1,440,863 87 579 53 Average amount of each account January 1, 1916...................... Number of accounts which exceeds $3,000, exclusive of divi dends, at the last trial balance o$ depositors’ ledgers, except deposits arising from society accounts, or judicial sales, or trust funds, or by order of a court of record or of a surrogate 3 Number of accounts which exceeded $3,000, exclusive of in terest dividends, at the last trial balance of depositors’ ledgers, except deposits arising from society accounts, or judicial sales,- or trust funds, or by order of a court of record or of a surrogate..................................................................... 3 Total amount of such accounts.............................................................. $10,464 93 Rate per cent, of dividends to depositors during the six months ending June 30, 1915........................................................................... 4 Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... 4 Total earnings of the bank for the year 1915, after allowing for amortization of premiums and dsicounts............................. $1 ,798,633 40 Total expenses of the bank for the year 1915................................. 143,135 04 Dividends paid to depositors for the year 1915............................. 1,440,863 87 Net earnings for the year 1915 over expenses and dividends 214,634 49 paid to depositors....................................................................... R eport on S avings B an k s 96 29. ERIE COUNTY SAVINGS BANK, BUFFALO [M ain, Niagara, Church and Pearl streets; incorporated 1854] ROBERT S. DONALDSON, President. ROBERT D. YOUNG, Treasurer. G. B A R R E T T RICH, Vice-President. STEPHEN B. LEE, Asst. Treasurer. GEORGE R. HOW ARD, Vice-President. TRUSTEES ROBT. S. DONALDSON, GEORGE L. W ILLIAM S, W ILLIA M A. ROGERS, G. B A R R ETT RICH, GEORGE R. HOWARD, L. D. RUMSEY. CARLTON M. SMITH, THOS. T. RAMSDELL, JOHN W. ROBINSON, II. W. SPRAGUE, W H ITN E Y G. CASE, ROBERT D. YOUNG. GEORGE C. GINTHER. JOHN K. W ALK E R , E. II. HUTCHINSON. FINANCIAL RESOURCES Bonds and mortgages................................................................................ $32,274,150 00 Stock and bond investments, viz.: Tar and bonds value Alabama ................. $300,000 00 Massachusetts ___ 500,000 00 other States............ 3,282,000 00 this S tate............. 8,078,610 09 130,000 00 in this State........ mortgage b on d s... 10,175,000 00 S to c k s State o f State of Cities in Cities in Counties Railroad Original Estimated cost market value $320,345 00 $300,000 00 560,625 00 465,000 00 3,432,899 95 3,180,900 00 8,212,802 58 7,723,282 27 130,000 00 129,700 00 10,748,732 30 8,850,320 00 $22,465,640 09 $23,405,404 83 $20,649,202 27 — — ........— ----- ■ ■■ ----------- - 20,649,202 27 Loans upon pledge of securities............................................................ 65,000 00 Banking house and lot, book value, $1,196,057.43; cost, $1,196,057.43; actual cask value.................................................................. 1,196,057 43 Other real estate, book value, $78,850.95; cost, $78,850.95; actual cash value.................................................................................... 78,S50 95 3,488,071 48 Cash on deposit in banks or trust companies................................. Cash on h a n d ................................................................................................ 169,584 94 Total of collectible interest..................................................................... 656,830 64 Amount of all other assets, viz.: Rents accrued........................ .. 2,396 23 $58,580,143 94 L IA B IL IT IE S Amount due depositors, v iz.: Principal .................................................................................$54,248,112 75 Dividends credited or to bo credited for the six months ending with December 31, 1915...................... 1,029,827 42 ------------------$55,277,940 17 Surplus on market value......................................................................... 3,302,2 03 77 $58,580,143 94 Surplus on par value, $5,118,641.59. CASH TRANSACTIONS DURING THE YEA R 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day.............................................. $3,296,590 18 From depositors, not including dividends credited..................... 12,432,520 69 From interest on loans, deposits and investments........................ 2,495,507 01 From rents from banking house............................................................ 57,999 96 From rents from other real estate........................................................ 695 63 From mortgages........................................................................................... 967,645 00 From redemption of stocks and bonds.............................................. 257,625 46 From loans paid......................................................................................... 75,000 00 From real estate sold........... .................................................................... 6,744 23 E r ie County 97 From all other sources, viz : $255 77 10 85 P r o f it o n s a l e o f r e a l e s t a t e S a le o r ir o n a n d l a p m s ............ ---------- $266 62 $1 9,59 0,5 94 78 PAYM ENTS To depositors, including dividends paid to them.............................$1 3,853,550 56 For loans on bonds and mortgages..................................................... 1,8 21,460 00 For loans on stocks and bonds and other securities.................... 65,000 00 For current expenses of the bank, viz.: F or salaries .......................................................................... F or t a x e s : Banking house, $25,931.43 ; surplus, $20,167.26 ................................................................................ F or expenses, except taxes, o f banking h o u se : Repairs ............................................................................. Insurance ......................................................................... Other ................................................................................. F or expenses o f other real estate, v i z .: Repairs ............................................................................. Insurance ......................................................................... Taxes ................................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. $66,533 33 46,098 69 5,830 72 2,310 33 25,581 77 283 00 311 60 1,760 95 19,621 47 168,331 86 For real estate acquired by foreclosure, or in settlement of debts due the bank................................................................................ Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. 24,595 94 3 ,6 57,6 56 42 $1 9,590,594 78 STATISTICAL INFORMATION' Number of open accounts January 1, 1916...................................... 92,265 Number of accounts opened or reopened during the year........... 14,061 Number of accounts closed during the year.................................... 13,354 Amount deposited during the year, not including dividends credited for that period....................................................................... $12,432,520 69 Amount withdrawn during the year................................................. 13,853,550 56 Amount of dividends credited and paid for the year, viz.: July 1, 1915 ........................................................................... $1,025,670 15 January 1, 1916 ..................................................................... 1,029,827 42 Credited at other periods.................................................. 727 61 2.0 5 6 .2 2 5 18 599 12 Average amount of each account January 1, 1916......................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................................ 4 Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... 4 Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................... $2,534,721 98 Total expenses of the bank for the year 1915.................................. 168,331 86 Dividends paid to depositors for the year 1915............................. 2 .0 56.2 25 18 Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 310,164 94 98 R 30. epoet on S a v in g s B a n k s T H E W E S T E R N S A V IN G S B A N K , B U F F A L O [438 Main stre e t; incorporated 1851] A L B E R T J. W H EELER, President. HOW ARD H. BA K E R , Vice-President. HENRY ERB, Vice-President. FRAN K LIN W. H. BECKER, Treas. TRUSTEES HENRY ERB, • HENRY E. BOLDER, A L B E R T J. W H EELER, W ILLIAM F. WENDT, HOW ARD H. BAKER, F. W. H. BECKER, CHARLES DIEBOLD, J r ., W ILLIAM SIMON, EDW ARD A . E ISE LE , & LEW IS J. HEINTZ, CHAS. H. DONALDSON. EDW. E. COATSW ORTH, GEO. D. MONTGOMERY, GROVER WT. W ENDE, HENRY R. HOFFELD. FIN AN CIAL RESOURCES Bonds and mortgages................................................................................ $5,058,945 00 Stock and bond investments, viz.: Par S to c k s and bon d s value Cities in other States......... $575,000 00 Cities in this S tate............... 2,813,147 10 Counties in this S tate......... 162,000 00 Villages in this S tate.......... 176,416 60 School districts in this State 101,000 00 Railroad mortgage bonds___ 1,575,000 00 $5,402,563 70 Original Estimated cost market value $564,250 00 $607,331 90 2,850,356 19 2,828,497 33 160,940 00 166,371 20 178,313 21 174,789 10 98,575 00 101,000 00 1,605,562 50 1,313,500 00 $5,508,935 00 $5,140,551 43 — — = ....................... .......... Banking house and lot, book value, $100,000; cost, $150,000; actual cash value.................................................................................. Cash on deposit in banksor trust companies................................... Cash on hand............................................................................................... Total of collectibleinterest...................................................................... Amount of all other assets, viz.: Taxes advanced ................................................................... New York State barge canal judgm ents...................... 5,140,551 43 150,000 727,337 99,093 113,180 00 30 59 72 $2,139 01 9,078 48 -------------------------------------- 11,217 49 $11,300,325 53 L IA B IL IT IE S Amount due depositors, viz.: P rincipal ................................................................................. $10,445,986 11 Dividends credited or to be credited fo r the six m onths ending w ith December 31, 1915.................... 202,089 69 ------------------ $10,648,075 80 Surplus on market value......................................................................... 652,249 73 $11,300,325 53 Surplus on par value, $914,262. CASH TRANSACTIONS DURING THE Y E A R 1915 RE C E IPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............. #................................ From depositors, not including dividends credited........................ From interest on loans, deposits and investments........................ From rents from banking house.......................................................... From mortgages ......................................................................................... From redemption of stocks and bonds............................................... $861,505 2,3 8 3 ,5 4 7 483,693 4,699 303,775 423,724 52 29 73 92 00 42 $4 ,460,945 88 E e ie 99 County PAYM ENTS To depositors, including dividends paid to them........................... $2 ,482 ,43 0 66 For loans on bonds and mortgages..................................................... 534,450 00 For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $578,908.49)...................................... 563,539 91 For interest (other than dividend payments to depositors) . . . . 734 23 For current expenses of the bank, viz.: For salaries ........................................................................... For ta x e s : Banking house, $8,006.60; surplus, $5,374.56 ................................................................................. F or expenses, except taxes, o f banking h o u se : Repairs................................................................................ Insurance ........................................................................ For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. $25,174 60 13,381 16 806 49 756 00 4,163 46 -----------------Other payments, viz.: New York State barge canal judgments, purchased .................................................................................................. Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. 44,281 71 9,078 48 826,430 89 $4 ,460,945 88 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... 13,4S4 Number of accounts opened or reopened during the year........... 2,071 Number of accounts closed during the year...................................... 1,725 Amount deposited during the year, not including dividends credited for that period....................................................................... $2,383 ,54 7 29 Amount withdrawn during the year................................................... 2 ,4 8 2 ,4 3 0 66 Amount of dividends credited and paid for the year, viz.: July 1, 1915 ........................................................................... January 1, 1916 ..................................................................... Credited at other periods.................................................... $199,733 17 202,089 69 1,672 91 Average amount of each account January 1, 1916......................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915.............................................................................. Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915............................... Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 403.495 77 789 68 4 4 $507,113 21 44,281 71 403.495 77 59,335 73 GREENE COUNTY 31. C A T S K IL L S A V IN G S B A N K , C A T S K IL L [343 Main stre e t; incorporated 1868] W. IR V IN G JENNINGS, President. ORRIN DAY, Treasurer. EMORY A . CHASE, Vice-President. JE R E M IA H DAY, Secretary. TRUSTEES W . I. J E N N IN G S , JE R E M IAH DAY, ORRIN DAY, WM. PALM A TIER , CHARLES E. BASSETT, EMORY A. CHASE, JAM ES L. MALCOM, A. C. BLOODGOOD, LUCIUS R. DOTY, ADDISON P. JONES, WM. H. VAN ORDEN, GEORGE S. LE W IS. PRAN K H. OSBORN, OMAR V. SAGE, W ILLIA M J. HUGHES. FIN AN CIAL RESOURCES Bond and mortgages................................................................................... $1 ,276 ,44 3 94 Stock and bond investments, viz.: Par value $45,000 00 25.000 00 25.000 00 738.000 00 465,080 00 61.000 00 47,000 00 114.000 00 81,110 00 523,500 00 S tocks and bonds State o f New Y ork ............... State of W yom ing ............... State o f C alifornia ............ Cities in other States.......... Cities in this State.............. Counties in this State......... Towns in this S tate............ Villages in this S tate.......... School districts in this State Railroad mortgage b o n d s... $2,124,690 00 Original Estimated cost market value $45,856 25 $45,900 00 27,170 00 34,562 50 23,500 00 23,500 00 770,670 81 725,800 00 479,821 29 453,500 00 67,828 97 60,760 00 47,445 40 48,129 60 120,805 70 112,120 00 87,189 36 81,833 60 484,065 00 559,537 74 $2,237,218 02 $2,062,778 20 Loans upon pledge of securities............................... ............................ Banking house and lot, book value, $40,000; cost, $54,512.27; actual cash value.................................................................................. Cash on deposit in banks or trust companies................................. Cash on hand................................................................................................ Total of collectible interest..................................................................... 2,0 6 2 ,7 7 8 20 2,5 00 00 40,000 214,549 26,877 48,651 00 19 45 87 $ 3 ,671 ,80 0 65 L IA B IL IT IE S Amount due depositors, viz.: P rincipal .................................................................................$3,315,585 49 Dividends credited o r to be credited fo r the six 55,575 03 m onths ending with December 31, 1915...................... ------------------ $3 ,371 ,16 0 52 Other liabilities, viz.: Expenses incurred, but unpaid, adding machine .................................................................................................... 202 13 Surplus on market value........................................................................ 300,438 00 $3 ,671 ,80 0 65 Surplus on par value, $362,349.80. CASH TRANSACTIONS DURING THE Y E A R 1915 R E C E IPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividends credited......................... From interest on loans, deposits and investments......................... [100] $249,831 25 644,252 40 151,463 95 G reene County 101 From mortgages ......................................................................................... From redemption of stocks and bonds................................................. From all other sources, viz.: Insurance premium refunded. . $120,435 51 72,330 00 1 94 $1 ,238,315 05 PAYM ENTS To depositors, including dividends paid to them........................... For loans on bonds and mortgages..................................................... For interest (other than dividend payments to depositors) . . . For current expenses of the bank, viz.: F or salaries .......................................................................... F or taxes : Banking house, $860.05 ; surplus, $2,415.20 ; on mortgages, $16............................................................ For expenses, except taxes, o f banking h o u s e : Repairs .............................................................................. Insurance ......................................................................... Other ................................................................................. F or other expenses, not including expenses o f other real estate nor other expenses o f banking house.. $800,907 69 183,150 00 56 04 $8,104 75 3,291 25 19 73 74 00 247 42 1,037 53 -----------------Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. 12,774 68 241,426 64 $1 ,238 ,31 5 05 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... Number of accounts opened or reopened during the year......... Number of accounts closed during the year...................................... Amount deposited during the year, not including dividends credited for that period....................................................................... Amount withdrawn during the year................................................... Amount of dividends cerdited and paid for the year, viz.: July 1, 1915 ........................................................................... January 1, 1916 ................................................................... $644,252 40 800,907 69 $55,508 28 55,575 03 Average amount of each account January 1, 1916........................ Rate per cent, of dividends to depositors during the six months ending June 30, 1915.............................................................. ............. Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 7,408 734 745 111,083 31 455 07 3y2 3 y2 $147,602 95 12,973 11 111,083 31 23,546 53 JEFFERSON C O U N TY 32. JE F F E R SO N C O U N T Y S A V IN G S B A N K , W A T E R T O W N [202 W ashington s tr e e t; incorporated 1859] HENRY PURCELL, President. GEORGE C. SHERMAN, Vice-President. O. E. HUNGERFORD, Vice-President. A. T. E. LANSING. Treasurer. TRUSTEES D. C. M IDDLETON, O. E. HUNGERFORD, GEO. C. SHERMAN, ROBT. J. BUCK, H. PURCELL, S. D. D. A. R. CLEVELAND, M. ANDERSON, M. COSGROVE, T. E. LANSING, S. A. F. II. P. A. C ARL W. H. UPHAM, W ADDINGHAM , PITC H ER , G. NILL, H A TH A W AY. FIN AN CIAL RESOURCES Bonds and mortgages............................................... Stock and bond investments, viz.: Par S tocks and l>onds value State o f D elaware................... $100,000 00 Cities in other States............ 660,000 00 Cities in this State................... 1,090,400 00 Counties in this S tate............ 136,000 00 Towns in this State............... 182,200 00 V illages in this S tate............ 302,503 32 School districts in this State 53,799 98 Railroad mortgage bonds___ 1,342,000 00 $3,866,903 30 $3 ,926,172 09 Original Estimated cost market value $98,000 00 $103,250 00 679,451 15 640,900 00 1,053,094 00 1,122,900 05 139,794 70 135,360 00 191,748 52 176,024 00 307,533 44 297,100 45 55,036 94 53,003 06 1,401,513 75 1,172,800 00 $4,001,228 55 $3,626,281 51 3,626,281 51 Banking house and lot, book value, $111,500; cost, $115,548.78; actual cash value.................................................................................. Other real estate, book value, $26,400; cost, $26,400; actual cash value ................................................................................................ Cash on deposit in banks or trust companies................................. Cash on hand .............................................................................................. Total of collectible interest..................................................................... Amount of all other assets, v iz.: Land contracts ..................................................................... Rents accrued ........................................................................ 111,500 00 26,400 678,508 99,752 74,216 00 80 01 80 $63,700 00 718 43 64,418 43 $8 ,607,249 55 L IA B IL IT IE S Amount due depositors, viz.: Principal .................................................................................. $8,100,963 42 Dividends credited or to be credited fo r the six months ending with December 31, 1915...................’. 154,920 74 ------------------ $8 ,255,884 16 Surplus on market value.......................................................................... 351,365 39 $8,607,249 55 Surplus on par value, $591,987.18. — CASH TRANSACTIONS DURING THE YEA R 1915 R E C E IPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividends credited......................... From interest on loans, deposits and investments........................ From rents from banking house............................................................ From rents from other real estate........................................................ [ 102] $586,196 1,481,028 364,869 5 ,7 50 5,617 18 96 14 28 63 J efferson County 103 From m ortgages......................................................................................... $294,782 60 From redemption of stocks and bonds................................................. 70,511 54 From real estate sold................................................................................ 138,000 00 From all other sources, viz.: Appraisal fees ................................................................. $34 32 Repairs and tax................................................................. 402 58 Land contract ................................................................... 550 00 -------------------------------------- 98690 $2,947,743 23 PAYMENTS To depositors, including dividends paid to them........................... $1 ,887 ,67 0 95 For loans on bonds and mortgages..................................................... 131,060 00 For loans on stocks and bonds and other securities.................... 63,700 00 For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $25,00 0)............................................. 22,500 00 For interest (other than dividend payments to depositors) . . . . 338 89 For current expenses of the bank, viz.: $19,038 00 For salaries ....................................................................... For taxes : Banking house, $2,184.92 ; surplus, $3,374.37. 5,559 29 For expenses, except taxes, of banking house: Repairs .......................................................................... 113 78 Insurance ...................................................................... 407 66 Other .............................................................................. 1,434 10 For expenses of other real estate, viz.: Repairs ........................................................................... 2,266 84 Insurance .................................... 1,280 12 Taxes .............................................................................. 2,390 24 Other .............................................................................. 1,019 48 For other expenses, not including expenses of other real estate nor other expenses of banking house... 2,050 04 -------------------------------------- 35,559 55 For real estate acquired by foreclosure, or in settlement of debts due the bank................................................................................ 28,212 12 Other payments, viz.: Cash variations .................................. $16 80 Attorney fees ...................................................................... 14 16 Insurance advanced .......................................................... 15 20 Repairs ................................................................................. 394 75 -------------------------------------- 44091 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. 778,260 81 $2,947,743 23 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... 30,718 Number of accounts opened or reopened during the year........... 2,768 Number of accounts closed during the year.................................... 2,513 Amount deposited during the year, not including dividends credited for that period....................................................................... $1,481,028 96 Amount withdrawn during the year................................................... 1 ,8 87,6 70 95 Amount of dividends credited and paid for the year, viz.: July 1, 1915.......................................................................... $144,172 93 January 1, 1918.................................................................... 154,920 74 Credited at other periods................................................. 96 36 -----------------299,190 03 Average amount of each account January 1, 1916...................... 268 76 Rate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................................ 3 and 4 Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... 4 Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. $359,716 96 Total expenses of the bank for the year 1915................................. 35,559 55 Dividends paid to depositors for the year 1915............................. 299,190 03 Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 24,967 38 104 R 33. eport on W ATERTOW N S a v in g s B anks S A V IN G S B A N K , W A T E R T O W N [125 W ashington s tr e e t; incorporated 1893] I. L. HUNT, President. W. W. CONDE, Vice-President. GEORGE H. BABCOCK, Vice-President. HARVEY W. STEELE, Treasurer. TRUSTEES ALLEN C. BEACH, JOHN R. PAW LING, W ILLIA M E. SILL, GEORGE H. BABCOCK, SILAS L. GEORGE, H. W. STEELE, H E R B E R T E. HARMON, W. W. CONDE, H. P. DUNLAP, CHARLES D. BINGHAM, AN DREW C. CORNWALL, GEORGE J. DRYDEN, LORENZO SM ITH, ISAAC L. HUNT, ANTONIO F. M ILLS, IRA SHARP, ADAM B IC K E LH A U PT, ELI B. JOHNSON, CARL GEORGE. FIN AN CIAL RESOURCES $1 ,914,714 57 Stock and bond investments, viz.: Par value $25,000 284,000 196,015 118,000 40,750 412,359 141,000 260,000 S to c k s and bon d s State o f Louisiana................... Cities in other States............ Cities in this State............... Counties in this S tate......... Towns in this State............... Villages in this State............ School districts in this State Railroad mortgage bon ds___ 00 00 00 00 00 42 00 00 $1, 477,124 42 Original Estimated cost market value $24,943 00 $25,900 00 291,999 36 285,505 00 201,980 24 200,226 45 118,891 80 116,730 00 41,239 50 40,875 75 417,842 45 410,277 13 142,719 60 140,760 00 267,545 65 234,450 00 $1,507,161 60 $1,454,724 33 Cash on deposit in banks or trust companies Cash on hand............................................................ Total of collectible interest................................. 1,454,724 310,716 29,158 26,034 33 77 50 02 $3 ,735,348 19 L IA B IL IT IE S Amount due depositors, viz.: P rincipal .................................................................................. $3,500,967 54 Dividends credited or to be credited fo r the six months ending with December 31, 1915......................... 65,437 43 ------------------ $3 ,566,404 97 Surplus on market value......................................................................... 168,943 22 $3 ,735,348 19 Surplus on par value, $191,343.31. CASH TRANSACTIONS DURING THE YEA R 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day................................................. From depositors, not including dividends credited...................... From interest on loans, deposits and investments......................... From m ortgages......................................................................................... From redemption of stocks and bonds............................................... From all other sources, v iz.: Receipts on account of mortgage $379,792 621,307 166,184 168,245 77,695 312 12 79 26 00 97 00 $ 1 ,4 1 3 ,5 3 7 14 PAYM ENTS To depositors, including dividends paid to them........................... For loans on bonds and mortgages........................................................ For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $ 7 2,88 0)...................................... For interest (other than dividend payments to depositors) . . . $776,576 77 204,775 00 74,058 00 676 14 J efferson C o u n ty 105 For current expenses of the bank, viz.: F or salaries ........................................................................... F or ta x e s: Surplus, $1,490.49 ; on mortgages, $369.66.. F or rent o f banking room s.........* .................................. F or other expenses, not including expenses o f other real estate nor other expenses o f banking hou se... $8,348 16 1,860 15 1,175 00 1,832 76 Other payments, viz.: Payments on account of mortgages. . . . Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. $13,216 07 4 ,3 59 89 339,875 27 $1,413 ,537 14 STATISTICAL INFORMATION Number of open accounts January 1, 1916............................. Number of accounts opened or reopened during the y e a r .. Number of accounts closed during the year............................. Amount deposited during the year, not including divid credited for that period............................................................ Amount withdrawn during the year.......................................... Amount of dividends credited and paid for the year, viz. July 1, 1915............................................................................... January 1, 1916........................................................................ 9,i675 1, 110 963 $621 ,307 79 776 ,576 77 $63,102 30) 65,437 43 Average amount of each account January 1, 1916................ Rate per cent, of dividends to depositors during the six me ending June 30, 1915................................................................... Rate per cent, of dividends to depositors during the six me ending December 31, 1915.......................................................... Total earnings of the bank for the year 1915, after alio for amortization of premiums and discounts........... ....... Total expenses of the bank for the year 1915........................ Dividends paid to depositors for the year 1915.................... Net earnings for the year 1915 over expenses and divic paid to depositors......................................................................... 128 ,539 73 368 62 3 &4 3y 2 & 4 $164 ,652 62 17 ,575 96 128 ,539 73 18;,536 93 K IN G S C O U N T Y 34. BAY R ID G E S A V IN G S B A N K , BROOKLYN [5517 F ifth aven ue; incorporated 1909] M AURICE T. LE W IS, President. JOHN D. HOLSTEN, Treasurer. M ICH AEL MURPHY, Vice-President. PIERCE K EEFE, Secretary. WM. A. FISCH ER, Vice-President. TRUSTEES MAURICE T. LEWIS, M ICH AEL M URPHY, JOHN D. HOLSTEN, PIE RC E KEEFE, GEORGE IHN'KEN, JUSTUS BERGE, HENRY M EYER, HENRY SCHW ANEW EDE WM. E. KAY, PE TE R N. M EINKE, HENRY KETTE LIIO D T, W IL L IA M BOLGER, OLAF OLAFSON, W ILLIA M A. FISCH ER, W IL L IA M F. KENNY. FINANCIAL RESOURCES Bond and mortgages Stock and bond investments, viz.: S tocks and bonds Cities in other States.......... Cities in this S tate............... Towns in this State............ Villages in this State.......... School districts in this State Railroad mortgage bonds___ $505,400 00 Par value $30,000 00 34,000 00 5,000 00 65,999 93 15,500 00 30,000 00 $180,499 93 Original Estimated cost market value $29,976 57 $29,800 00 29,863 25 29,920 00 5,136 46 5,010 00 66,909 93 65,952 08 15,924 70 15,795 00 28,031 25 26,550 00 $174,884 31 $173,984 93 173,984 75,046 337 7,091 Cash on deposit in banks or trust companies............................... Cash on hand ............................................................................................. Total of collectible interest ................................................................... 93 80 41 79 $761,860 93 L IA B IL IT IE S Amount due depositors, viz.: Principal ................................................................................. Dividends credited or to be credited fo r the six m onths ending with December 31, 1915.......... ........... $731,170 07 11,598 67 -----------------Surplus on market value ....................................................................... $742,768 74 19,092 19 $761,860 93 Surplus on par value, $25,607.19. CASH TRANSACTIONS DURING THE YEAR 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividends credited.................... From interest on loans, deposits and investments........................ From mortgages ......................................................................................... From redemption of stocks and bonds............................................... $29,461 626,302 31,412 12,450 1,333 84 83 99 00 33 $700,960 99 [1 0 6 ] K ings C o u n ty 107 PAYM ENTS To depositors, including dividends paid to them........................... For loans on bonds and mortgages................................................... For stocks and bonds purchased, including premiums, com missions, etc.' (total par value, $ 3 5,00 0).................................... For interest (other than dividend payments to depositors) . . For current expenses of the bank, viz.: F or salaries ........................................................................... F or taxes : Surplus ........................................................... For expenses, except taxes, o f banking h o u se : Repairs .............................................................................. Insurance .......................................................................... Other ................................................................................. F or rent of banking room s............................................... $476,565 49 108,950 00 35,247 99 430 24 $2,425 00 167 34 55 30 565 1,140 25 00 47 00 4,383 06 Cash on hand and in hanks or trust companies December 31, 1915, after transactions of the day............................................... 75,384 21 $700,960 99 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... Number of accounts opened or reopened during the year........... Number of accounts closed during the year.................................... Amount deposited during the year, not including dividends credited for that period..................................................................... Amount withdrawn during the year................................................. Amount of dividends credited and paid for the year, viz.: July 1, 1915 ........................................................................... January 1, 1916 ..................................................................... $626,302 83 476,565 49 $10,436 54 11,598 67 Average amount of each account January 1, 1916.................... Number of accounts which exceeded $3,000, exclusive of divi dends credited, at the last trial balance of depositors’ ledgers, except deposits arising from society accounts, or judicial sales, or trust funds, or by order of a court of record or of a surrogate ................................................................ Total amount of such accounts..................................................... .. Rate per cent, of dividends to depositors during the six months ending June 30, 1915.......................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................. Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors ................................................................................ 4,298 2,902 1,194 22,035 21 172 82 6 $22,345 43 4 4 $32,310 43 4,383 06 22,035 21 5,892 16 108 R 35. epoet on S a v in g s B a n k s B R E V O O R T S A V IN G S B A N K , B R O O K L Y N [522 Nostrand av en u e; incorporated 1890] HOW ARD M. SM ITH, President. W A L T E R C. HUMSTONE, Treasurer. EDW ARD LYONS, Vice-President. RAYMOND LOUNSBERY, Secretary. G RAN VILLE W. HARMAN, Vice-Pres. TRUSTEES CHAS. M. AIKM AN, JOSEPH M. BACON, JOHN W. BAILEY, C H ARLES COOPER, W ILLIA M J. GILPIN , W IL L IA M H. GOOD, W IL L IA M H. HARDING, G. W. HARMAN, W ALTE R C. HUMSTONE, A LFR E D T. SEW ARD, R. LOUNSBERY, EDW ARD LYONS, GEORGE W. P IPE , JAMES R. ROSS, HOW ARD M. SMITH, L. BERTRAN D SMITH, JOHN D. SULLIVAN, THOS. J. W ASHBURN, L. A. W RAY, P A TR IC K M. WOODS, JOHN H. BURROUGHS. ERN E ST H. PILSBURY HENRY C. LA ROWE, JOHN R. STINE. FINANCIAL RESOURCES Bonds and mortgages................................................................................ Stock and bond investments, viz.: Par value $50,000 00 25,000 00 12,000 00 35,000 00 45,000 00 25,000 00 317,408 40 537,021 00 128,000 00 163,500 00 218,820 00 131,000 00 245,000 00 S to c k s and bon ds State o f New Y ork............... State o f Maryland .............. State of New M exico............ State o f Oklahoma................... State o f Louisiana ............... State o f Utah ........................ Cities in other States.......... Cities in this State............... Counties in this S tate.......... Towns in this S tate............. Villages in this State.......... School districts in this State Railroad m ortgage bonds .. $1,932,749 40 $2,302,397 50 Estimated Original market value cost $52,875 00 $54,500 00 23,750 00 23,630 90 12,600 00 12,548 16 35,350 00 35,307 25 47,500 00 47,365 87 24,250 00 24,187 50 335,142 85 323,556 78 523,476 84 543,247 61 133,630 00 136,943 90 171,681 00 175,747 01 229,432 82 225,768 20 135,705 00 134,465 00 263,285 94 210,400 00 $2,015,419 81 $1,920,927 82 1,920,927 82 Banking actual Cash on Cash on Total of house and lot, book value, $55,000; cost, $55,000; cash value..................................................................... ............. deposit in banks or trust companies................................. hand................................................................................................ collectible interest..................................................................... 55,000 369,254 19,037 49,525 00 56 15 98 $ 4 ,716 ,14 3 01 L IA B IL IT IE S Amount due depositors, viz.: Principal ................................................................................. $4,392,724 98 Dividends credited or to be credited fo r the six months ending with December 31, 1915...................... 78,930 35 ------------------ $4 ,471,655 33 Surplus on market value.......................................................................... 244,487 68 $4 ,716,143 01 Surplus on par value, $256,309.26. CASH TRANSACTIONS DURING THE YEAR 1915 R E CEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividends credited......................... From interest on loans, deposits and investments......................... From rents from banking house.......................................................... From rents from other real estate........................................................ From mortgages ......................................................................................... From redemption of stocks and bonds................................................. $331,116 1,900,535 200,412 1,350 5 62,900 4,0 00 55 28 99 00 00 00 00 K ings C o u n ty 109 From stocks and bonds sold (total par value, $31,000)................ From real estate sold................................................................................ From all other sources, viz.: Insurance rebate on real estate s o l d .............................................................................................................. $31,207 68 36,175 00 104 00 $2 ,567,806 50 PAYM ENTS To depositors, including dividends paid to them........................... $1 ,605 ,49 4 23 For loans on bonds and mortgages........................................................ 332,000 00 For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $147,408.40)............................... 161,818 57 For interest (other than dividend payments to depositors) . . . . 1,956 10 For current expenses of the bank, viz.: F or salaries .......................................................................... F or t a x e s : Banking house, $855.36; surplus, $1,736.81 ................................................................................. F or expenses, except taxes, o f banking hou se: Repairs .............................................................................. Insurance ......................................................................... F or rent o f banking room s................................................. For expenses o f other real estate, v i z .: Repairs .............................................................................. Taxes .................................................................................. Other .................................................................................. F or other expenses, not including expenses of other real estate nor other expenses o f banking house.. $9,632 00 2,592 17 144 94 78 78 429 24 29 95 85 40 7 64 3,091 38 -----------------For real estate acquired by foreclosure, or in settlement of debts due the bank................................................................................ Other payments, viz.: Purchase of bank building.................... Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. 16,091 50 7,154 39 55,000 00 388,291 71 $2 ,567,806 50 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... 15,847 Number of accounts opened or reopened during the year........... 3,045 Number of accounts closed during the year.................................... 2,184 Amount deposited during the year, not including dividends credited for that period....................................................................... $1 ,900,535 28 Amount withdrawn during the year................................................... 1,605,494 23 Amount of dividends credited and paid for the year, viz.: July 1, 1915 ........................................................................... January 1, 1916 ..................................................................... Credited at other periods.................................................. $74,716 33 78,930 35 1 00 Average amount of each account January 1, 1916......................... Rate per cent, of dividends to depositors during the six months ending June 30, 1 9 1 5 ........................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 153.647 68 282 18 4 4 $201,017 20 16,091 50 153.647 68 31,278 02 110 R eport on S avin gs B an k s 36. B R O O K L Y N S A V IN G S B A N K , B R O O K L Y N [141 Pierrepont stre e t; incorporated 1827] CROW ELL HADDEN, President. A R TH U R C. HARE, Cashier. D AN IEL J. CREEM, Vice-President. LAURES E. SUTTON, Comptroller. RIC H A R D L. EDW ARDS, Vice-Pres. CHAS. C. PUTNAM. Asst. Comptroller. TRUSTEES CROW ELL HADDEN, RIC H A R D L. EDW'ARDS, EDW. H. LITC H FIE L D , FRAN K LYMAN, D A V ID G. LEGGET, W IL L IS L. OGDEN, JOHN F. HALSTED. FRAN K L. BABBOTT, HENRY F. NOYES, SANFORD H. STEELE, DANIEL J. CREEM; CLINTON R. JAMES, B. H E R B E R T SM ITH, FRANCIS L. NOBLE. F. A. M. BU RRELL, E DW ARD P. MAYNARD, W ILLIA M L. M OFFAT, HAROLD I. PRATT, CHARLES J. PEABODY, M A RTIN JOOST, A L B E R T L. MASON, FRAN K D. TUTTLE, W IL L IA M MASON, CHARLES L. MORSE, S. EDW IN BUCHANAN, JAM ES H. JOURDAN. FIN AN CIAL RESOURCE'S Bonds and mortgages................................................................................ $32,249,550 00 Stock and bond investments, viz.: S to c k s and bon ds State o f New Y ork ............... State o f California ............. State o f Maryland .............. State o f Massachusetts ....... State o f Tennessee .............. Cities in other States.......... Cities in this S tate.............. Counties in this S tate......... Towns in this S tate.............. R ailroad mortgage b o n d s... Par value $200,000 00 400,000 00 200,000 00 850,000 00 200,000 00 6,549,000 00 7,496,700 00 855,000 00 68,000 00 7,003,000 00 Original Estimated cost market value $205,156 25 $204,00000 388,481 88 385,00000 196,680 00 198,00000 916,957 00 792,50000 199,847 50 207,00000 6,605,614 14 6,224,05500 7,847,431 57 7,326,53400 901,596 73 872,470 00 68,277 50 67,32000 7,689,488 41 6,455,62000 $23,821,700 00 $25,019,530 98 $22,732,499 00 -------- ------- — -- -------- = = = = = Banking house and lot, book value, $427,000; cost, $893,047.87; actual cash value.................................................................................. Other real estate, book value, $123,053.46; cost, $123,053.46; actual cash value.................................................................................. Cash on deposit in banks or trust companies................................... Cash on hand................................................................................................ Total of collectible interest................................................................... Amount of all other assets, viz.: Rentsaccrued........................... 2 2 , 732,499 00 427,000' 00 123,053 3,2 7 9 ,5 6 8 121,202 808,011 300 46 66 09 91 00 $59,741,185 12 L IA B IL IT IE S Amount due depositors, viz.: P rincipal ................................................................................. $53,268,500 40 Dividends credited or to be credited fo r fhe six months ending with December 31, 1915...................... 1,022,585 21 ------------------ $5 4,291,085 61 Surplus on market value......................................................................... 5,4 5 0 ,0 9 9 51 $59,741,185 12 Surplus on par value, $6,539,300.51. CASH TRANSACTIONS DURING THE YEA R 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... $3,405,266 80 From depositors, not including dividendscredited........................ 11,226,081 65 From interest on loans, deposits and investments........................ 2 ,5 74,5 19 18 From rents from other real estate..................................................... 3,539 83 From mortgages ........................................................................................ 1,4 05,3 00 00 From redemption of stocks and bonds............................................... 438,000 00 K ings C o u n ty 111 From stocks and bonds sold (total par value, $500 ,0 00 ).......... From real estate sold................................................................................ $496,514 57 274,068 50 $1 9,823,290 53 PAYM ENTS To depositors, including dividends paid to them.............................$11,958,401 For loans on bonds and mortgages..................................................... 2 ,1 2 8 ,1 5 0 For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $1,742,700)............................... 1,790,507 For interest (other than dividend payments to depositors) . . . . 16,218 For current expenses of the bank, viz.: For salaries ........................................................................... F or ta x e s : Banking bouse, $11,693.40; surplus, $49,099.54 ................................................................................ F or expenses, except taxes, o f banking b o u s e : Bepairs .............................................................................. Insurance ......................................................................... Other ................................................................................. F or expenses o f other real estate, v i z .: Repairs .............................................................................. Taxes ................................................................................. Other ................................................................................. F or other expenses, not including expenses o f other real estate nor other expenses o f banking house.. 54 00 11 53 $81,436 45 60,792 94 3,480 63 35 84 1,423 56 4,878 00 2,264 50 16,593 29 21,364 57 -----------------For real estate acquired by foreclosure, or in settlement of debts due the bank................................................................................ Other payments, viz.: Cash short .................................................... Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. 192,269 78 336,931 14 41 68 3 ,4 0 0 ,7 7 0 75 $19,823,290 53 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... Number of accounts opened or reopened during the year........... Number of accounts closed during the year................................. 71,221 10,410 9,264 Amount deposited during the year, not including dividends credited for that period....................................................................... $11,226,081 65 Amount withdrawn during the year................................................... 11,958,401 54 Amount of dividends credited and paid for the year, viz.: July 1, 1915 ........................................................................... $1,008,648 95 January 1, 1916 ..................................................................... 1,022,585 21 2.0 3 1 .2 3 4 16 Average amount of each account January 1, 1916......................... 762 00 Rate per cent, of dividends to depositors during the six months ending June 30, 1915........................................................................... 4 Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... 4 Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. $2 ,578,057 88 Total expenses of the bank for the year 1915................................. 201,856 06 Dividends paid to depositors for the year 1915............................. 2.0 3 1 .2 3 4 16 Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 344,967 66 R eport ok S avin gs B a n k s 112 37. THE B U S H W IC K S A V IN G S B A N K , B R O O K L Y N [726-730 Grand street; incorporated 1873] JERE E. BROWN, President. LOUIS J. BURGER, Secretary. GEO. W. SCHAEDLE, Vice-President. GEORGE J. M ERKED, Cashier. HENRY SCHADE, Vice-President. TRUSTEES RUFUS L. SCOTT, D A N IE L CANTY, EDW ARD BUSH, HENRY SCHADE, JOHN H. SCHEIDT, W ILLIA M S.. W ANDEL, W IL L IA M G. M ILLER, AUGUSTUS P. AVERY, JERE E. BROWN, JOHN H. VAN DERVEER, M. L. REYNOLDS, F. H. NARWOOD, LOUIS G. BURGER, GEORGE W. SCHAEDLE, ANDREW F. W ILSON, M. FA CK EN TH AL, HERMAN C. HUELLE, TH E O P H IL E THONET, CH RISTIAN D.HOMEYER, CHARLES T R IE T SC H L E R D A V ID II. MOORE, FRAN K L. BROWN, C. S. H. TIE B A U T , J r . SM ITH S. W ANDEL. FIN AN CIAL RESOURCES Bonds and mortgages.............................................................................. $3,337,967 00 Stock and bond investments, viz.: Par v a lu e S to c k s and bon ds S t a t e o f A l a b a m a ............... S t a t e o f C a li f o r n ia ................ S t a t e o f I d a h o ........................... S t a t e o f L o u is ia n a .................. S t a t e o f M i s s is s i p p i .............. S t a t e o f M is s o u r i .................. S t a t e o f N e w M e x i c o ............ S t a t e o f O k la h o m a ................ S t a t e o f T e n n e s s e e .................. C it i e s in o t h e r S t a t e s ............ C it i e s in t h is S t a t e .................. C o u n t ie s in t h is S t a t e ......... T o w n s in. t h is S t a t e ................ V i l l a g e s in t h i s S t a t e ............ R a ilr o a d m o r t g a g e b o n d s .. O r ig in a l cost E s tim a te d m a rk e t v a lu e 00 00 00 00 00 00 00 00 00 00 93 00 00 28 00 $3,697 40 72,731 28 77,260 00 49,313 80 25,032 00 33,461 64 50,596 45 69,732 74 79,321 84 563,026 04 1,196,588 08 142,470 61 14,623 31 82,358 71 69,248 40 $3,465 00 72,750 00 75,750 00 52,500 00 23,760 00 33,660 00 50,500 00 69,900 00 79,125 00 544,368 32 1,172,215 79 141,325 60 13,420 00 76,877 95 58,650 00 $2,461,895 21 $2,529,462 30 $2,468,267 66 $37,215.76; c o st, $3,500 75,000 75,000 50,000 24,000 34,000 50,000 70,000 75,000 541,980 . 1,168,541 137,640 14,000 78,233 65,000 2,468,2 67 66 B a n k in g h ou se and lo t, book v a lu e , $ 4 8 ,- 37,215 76 215.76 : a c t u a l c a s h v a l u e ......................... Other real estate, book value, $96,616.19; cost, $96,616.19; actual cash v a lu e .................................................................................. Cash on deposit in banks or trust companies................................. Cash on hand............................................................................................... Total of collectible interest................................................................... Amount of all other assets, viz.: New York State barge canal judgments ................................................................................................ 96,616 534,304 85,700 51,384 19 27 52 38 5 ,0 1 0 2 4 $6,616,526 02 L IA B IL IT IE S Amount due depositors, viz.: Principal ................................................................................. $6,032,768 12 Dividends credited or to be credited fo r the six months ending with December 31, 1915...................... 113,710 22 ---------- — Surplus on market value....................................................................... Surplus on par value, $463,675.23. $6,146,478 34 470,047 68 $6,616,526 02 ......... 1 CASH TRANSACTIONS DURING THE YEAR 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividendscredited..................... From interest on loans, deposits andinvestments........................ From rents from banking house......................................................... From rents from other real estate.................................................. From mortgages ..................................................................................... From redemption of stocks and bonds............................................... $523,093 1,658,698 305,603 2,257 9,414 105,575 156,594 08 25 17 50 42 00 35 113 K ings C o u n ty From stocks and bonds sold (total par value, $40,00 0)............ From real estate sold..................................................................... From all other sources, viz.: Discount on bonds purchased below p a r...................... Profit on sale o f real estate............................................ Return premium on insurance.......................................... $40,168 56 10,368 79 $462 40 83 99 9 94 -------------------------------------- 55633 $2 ,812,329 45 PAYM ENTS To depositors, including dividends paid to them........................ $1 ,780,100 18 For loans on bonds and mortgages................................................... 86,667 00 For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $263,744.40)............................. 270,635 33 For interest (other than dividend payments to depositors) . . 3,054 25 For current expenses of the bank, viz.: F or salaries ......................................................................... For ta x e s: Banking house, $796.88 ; surplus, $3,978.27. F or expenses, except taxes, o f banking h o u se : Repairs .............................................................................. Insurance ......................................................................... Other ................................................................................. For expenses o f other real estate, v i z .: Repairs .............................................................................. Insurance ......................................................................... Taxes ................................................................................. Other ................................................................................. F or other expenses, not including expenses o f other real estate nor other expenses o f banking house.. $15,595 81 4,775 15 1,921 61 143 02 884 87 1,589 316 2,345 2,429 46 90 85 75 3,979 54 33,981 96 For real estate acquired by foreclosure, or in settlement of debts due the b a n k ................................................................................ Other payments, viz.: Extension and alterations to bank building............... New York State barge canal Judgments........................ 10,810 31 $2,005 39 5,010 24 7,015 63 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 620,064 79 $2 ,812 ,32 9 45 STATISTICAL INFORMATION 14,196 Number of open accounts January 1, 1916.................................... 2,096 Number of accounts opened or reopened during the year........... 1,781 Number of accounts closed during the year.................................... Amount deposited during the year, not including dividends $1,658,698 25 credited for that period..................................................................... 1,780,100 18 Amount withdrawn during the year................................................. Amount of dividends credited and paid for the year, viz.: July 1, 1915 ........................................................................... January 1, 1916 ..................................................................... $112,424 11 113,710 22 Average amount of each account January 1, 1916...................... Number of accounts which exceeded $3,000, exclusive of divi dends credited, at the last trial balance of depositors’ ledgers, except deposits arising from society accounts, or judicial sales, or trust funds, or by order of a court of record or of a surrogate....................................................................... Total amount of such accounts............................................................ Rate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................ Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................. Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915............................... Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors .................... ............................................................ 226,134 33 432 97 3 $9,252 08 4 4 $309,577 95 35,981 96 226,134 33 47,461 66 R eport on S avin gs B an ks 114 38. T H E C I T Y S A V I N G S B A N K OF B R O O K L Y N , B R O O K L Y N [Corner L afayette and Flatbush avenues; incorporated 1886] REMSEN RUSHMORE, President. W ILLIA M A. A V IS, Treasurer. TH EOPH ILU S OLENA, Vice-President. HENRY A. RAYMOND, Secretary. F R E D ’K H. W EBSTER, Vice-Pres. TRUSTEES FRANCIS O. A FFELD, W ILLIA M A. AVIS, D A V ID F. BUTCHER, JACOB G. DETTM ER, TH EOPH ILU S OLENA, REMSEN RUSHMORE, JOHN M. RIDER, H. V. RAYMOND, J. B. SUM MERFIELD, F R ED ’ K H. W EBSTER, EDW IN II. SAYRE, RUFUS T. GRIGGS, JAM ES G. SHAW, CLARENCE T. COREY, FRAN K C. SWAN, RA LPH E. DAYTON, B A RTH OL A. GREENE, CHARLES H. KELBY, STEPHEN VALENTINE, L E STE R A. LEW IS, E. W. CONE. FIN AN CIAL RESOURCES Bonds and mortgages Stock and bond investments, viz.: $1,991,375 00 Par v a lu e Stocks and bonds State o f Massachusetts State o f Delaware ........ State o f Louisiana ....... State o f Tennessee ....... State o f C alifornia ___ Cities in other States.. Cities in this State....... Counties in this S tate.. Towns in this S tate___ Villages in this S ta te .. $3,000 20,000 80,000 20,000 43,000 463,500 241,244 34,000 96,000 67,000 31,125 5 00 00 00 00 00 00 00 00 00 00 00 $1,098,869 00 O r ig in a l cost E s tim a te d m a r k e t v a lu e $3,087 21,050 88,303 20,309 41,970 490,405 254,868 35,100 103,347 68,745 31,971 $2,550 19,600 83,300 20,100 41,140 475,055 245,903 34,960 99,229 .67,710 31,782 00 00 13 30 09 76 37 00 08 78 82 $1,159,158 33 00 00 00 00 00 00 85 00 00 00 87 $1,121,330 72 1,121,330 72 v a lu e , actual Cash on Cash on Total of Amount $ 1 0 ,1 4 1 .1 8 ; c o st, $ 1 0 ,1 4 1 .1 8 ; cash value. deposit in banks or trust companies hand............................................................ collectible interest..................................................................... of all other assets, viz.: Furniture and fixtures.. .. 10,141 405,220 12,695 36,335 3,500 18 98 11 52 00 $3,580,598 51 L IA B IL IT IE S Amount due depositors, viz.: P rincipal ................................................................................. $3,314,609 48 Dividends credited or to be credited fo r the six m onths ending with December 31, 1915...................... 59,672 95 ------------------ $3,374,282 43 Other liabilities, v iz.: Surplus tax accrued................................. 1,000 00 205,316 08 Surplus on market value......................................................................... $3 ,580,598 51 Surplus on par value, $182,854.36. CASH TRANSACTIONS DURING THE YEAR 1915 R E CEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividends credited........................ From interest on loans, deposits and investments......................... From rents from other real estate........................................................ From mortgages ....................................................................................... From redemption of stocks and bonds................................................. From real estate sold................................................................................ $301,274 1,291,3 33 155,297 1,432 158,175 35,060 33,384 66 30 64 18 00 00 49 K ings C o u n ty 115 From all other sources, viz : Rebate on repairs to real estate..................................$14 00 Insurance premiums advanced refunded...................... 103 47 ------------------ $117 47 $1 ,976 ,07 4 74 PAYM ENTS To depositors, including dividends paid to them........................... $1,036,996 65 For loans on bonds and mortgages....................................................... 365,950 00 For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $ 8 4,50 0)............. ....................... 85,494 58 For interest (other than dividend payments to depositors) . . . . 949 25 For current expenses of the bank, v iz.: For salaries ......................................................................... F or ta x es: Surplus ........................................................... For expenses, except taxes, o f banking h o u se : Insurance ......................................................................... Other .................................................................................. F or rent o f banking room s....... ........................................ For expenses of other real estate, v i z .: Repairs ............................................................................ Insurance ......................................................................... Taxes ................................................................................. F or other expenses, not including expenses of other real estate nor other expenses o f banking house.. $15,320 00 1,730 78 11 50 50 00 7,500 00 373 58 125 86 258 89 2,264 77 -----------------For real estate acquired by foreclosure, or in settlement of debts due the bank................................................................................ Other payments, viz.: Insurance premiums advanced................ Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. 27,635 38 41,029 32 103 47 417,916 09 $ 1 ,976 ,07 4 74 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... 9,203 Number of accounts opened or reopened during the year........... 2,371 1,672 Number of accounts closed during the year.................................... Amount deposited during the year, not including dividends credited for that period....................................................................... $1 ,291 ,33 3 30 Amount withdrawn during the year................................................... 1,036,996 65 Amount of dividends credited and paid for the year, viz.: July 1, 1915 ........................................................................... January 1, 1916 ..................................................................... C r e d it e d at o t h e r p e r io d s ................................................................... $56,198 66 59,672 95 44 90 Average amount of each account January 1, 1916......................... Number of accounts which exceeded $3,000, exclusive of divi dends credited, at the last trial balance of depositors’ ledgers, except deposits arising from society accounts, or judicial sales, or trust funds, or by order of a court of record or of a surrogate ............................................................................................. Total amount of such accounts.......................................................... , Rate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................................ Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................... Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915............................... Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 115,916 51 366 65 1 $3,229 76 4 4 $159,347 66 28,885 38 115,916 51 14,545 77 116 R 39. eport on S a v in g s B a n k s T H E D IM E S A V IN G S B A N K [9 De Kalb avenue; J. LAW RENCE M ARCELLUS, Pres. GEORGE W. CHAUNCEY, Vice-Pres. GEORGE T. MOON, Vice-President. OF B R O O K L Y N , B R O O K L Y N incorporated 1859] RUSSELL S. W ALK E R , Treasurer. F R E D ’K W. JACKSON, Secretary. C. FRAN K STRIEDO FF, A sst. Secy. TRUSTEES J. L. M ARCELLUS, GEO. W. CHAUNCEY, SAMUEL ROWLAND, HORACE C. DU VAL, LUDW IG NISSEN, WM. M cCARROLL, N. T. TH AYER, J. T. E. LITC H FIE L D , RUSSELL S. W ALKER, GEORGE COX. CHARLES E. TE ALE , GEORGE T. MOON, FRAN K H. PARSONS. JAMES L. BRUMLEY, ED W AR D B. JORDAN, FR ED ER IC K W. ROWE, F R E D ’ K W. JACKSON, W A LTE R HAM M ETT, F. L. CRANFORD, ENGENE W. SUTTON, C. FRANK STR E IG H TO FF. FIN AN CIAL RESOURCES Bonds and mortgages................................................................................ $27,190,022 00 Stock and bond investments, viz.: Par S tocks and bonds value State o f Massachusetts ....$ 1 ,2 5 0 000 State o f Tennessee .............. 500,000 Cities in other States.. 1,696,000 Cities in this State..... 3,887,600 Counties in this S tate. 1,630,100 Towns in this State.... 542,000 Villages in this State.......... 136,500 Railroad mortgage bon d s... 6,562,000 00 00 00 00 00 00 00 00 Original Estimated cost market value $1,334,550 00 $1,150,000 00 516,963 61 523,000 00 1,753,915 40 1,656,170 00 4,007,283 55 3,725,835 00 1,724,888 64 1,624,460 00 551,103 27 546,925 00 143,414 50 134,210 00 7,015,214 60 6,229,185 00 $16,204,200 00 $17,047,333 57 $15,589,785 00 = — = ’ ■ -------------- 15,589,785 00 Banking house and lot, book value, $550,000; cost, $717,238.55; actual cash value.................................................................................. 550,000 00 Other real estate, book value, $403,000; cost, $453,118.75; actual cash value.................................................................................. 403,000 00 Cash on deposit in banks or trust companies................................. 3,763,491 92 Cash on hand................................................................................................ 186,400 04 Total of collectible interest..................................................................... 549,070 65 Amount of all other assets, viz.: Rents due and accrued but u n p a id ........................................................................................................ 1,835 00 $48,233,604 61 L IA B IL IT IE S Amount due depositors, viz.: P rincipal ................................................................................. $43,535,493 87 Dividends credited or to be credited fo r the six months ending with December 31, 1915...................... 806,752 26 ------------------ $44,342,246 13 Surplus on market value......................................................................... 3,8 9 1 ,3 5 8 48 Surplus on par value, $4,505,773.48. $4 8,23 3,6 04 61 ■ CASH TRANSACTIONS DURING THE YEA R 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... $3,'162,516 06 From depositors, not including dividends credited........................ 13,448,090 06 From interest on loans, deposits andinvestments........................... 2,1 11,7 57 51 From rents from banking house............................................................ 2,882 88 From rents from other real estate........................................................ 11,768 27 From mortgages ....................................................................................... 2,690,6 29 00 From redemption of stocks and bonds............................................... 143,600 00 From stocks and bonds sold (total par value, $800,000)........... 798,187 50 From loans paid........................................................................................... 559,000 00 From real estate sold................................................................................ 241,198 59 K ings C o u n ty 1 17 From all other sources, viz : Returned unearned insurance prem ium s...................... Insurance for loss by fire................................................. Refund o f advance fo r repairs........................................ $615 37 393 00 414 00 $1,422 37 $23,180,052 24 PAYM ENTS To depositors, including dividends paid to them......... ................. .$ 1 2,15 5,93 4 For loans on bonds and mortgages........................................................ 3,805,7 43 For loans on stocks and bonds and other securities.................... 359,000 For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $2,321,000)................................. 2 ,3 66,5 91 For interest (other than dividend payments to depositors) . . . 31,297 For current expenses of the bank, viz.: F or salaries .......................................................................... For ta x e s : Banking house, $10,717.28; surplus, $32,999.35.................................................................................. F or expenses, except taxes, o f banking house: Repairs .............................................................................. Insurance ......................................................................... For expenses o f other real estate, v i z .: Repairs .............................................................................. Insurance ......................................................................... Taxes ................................................................................. Other ................................................................................. F or other expenses, not including expenses o f other real estate nor other expenses o f banking house.. 74 99 $80,836 00 43,716 63 1,878 68 661 50 8,809 734 13,695 888 74 20 76 50 34,746 43 -----------------For real estate acquired by foreclosure, or in settlement of debts due the bank................................................................................ Other payments, viz.: Teller’s short cash ............................................................ Insurance premiums advanced ....................................... Settlement o f suit .............................................................. Disbursement account B. & M ........................................ Rent allowance on sale o f other real estate............... 60 00 00 $166 443 500 166 122 185,967 44 324,226 20 45 93 03 10 80 1,399 31 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. 3,949,891 96 $23,180,052 24 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... 99,528 Number of accounts opened or reopened during the year........... 20,756 Number of accounts closed during the year...................................... 16,498 Amount deposited during the year, not including dividends credited for that period....................................................................... $1 3,448,090 06 Amount withdrawn during the year................................................... 12,155,934 60 Amount of dividends credited and paid for the year, viz.: July 1, 1915 ........................................................................... January 1, 1916 ..................................................................... $781,161 59 806,752 26 1.587.913 85 Average amount of each account January 1, 1916......................... 445 53 Rate per cent, of dividends to depositors during the six months 4 ending June 30, 1915............................................................................ Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... 4 Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................... $2,094,852 41 Total expenses of the bank for the year 1915................................. 185,967 44 Dividends paid to depositors for the year 1915............................. 1.5 87.913 85 Net earnings for the year 1915 over expenses and dividends paid to depositors................................................................................... 320,971 12 118 40. R eport on S avin g s B a n k s T H E D IM E S A V I N G S B A N K OF W I L L I A M S B U R G H , B R O O K L Y N [209 Havemeyer stre e t; incorporated 1864] W. P. STURGIS, President. C. M. LOWES, Treasurer. R. B. FURGUSON, Vice-President. CHARLES IvRECK, A sst. Treasurer. H. F. M OLLENHAUER, Vice-Pres. TRUSTEES W ILLIA M P. STURGIS, ROBERT B. FERGUSON, AUGUSTUS W ENZEL, H. F. M OLLENHAUER, OTTO F. STRUSE, A L E X . D. SEYMOUR, W ARREN F. GOODWIN, JOHN HOERLE, ALVAH M ILLE R , H. R. FERGUSON, C. C. M OLLENHAUER, CORBETT MCCARTHY, JOHN J. COONEY, WM. H. VOGEL, RUSSELL J. PERRINE. FIN AN CIAL RESOURCES Bonds and mortgages................................................................ ............ Stock and bond investments, viz.: Par S tocks and bonds value Cities in other States.......... $1,030,000 00 Cities in this State.............. 1,756,300 00 Counties in this S tate............ 125,000 00 Towns in this State.............. 80,000 00 V illages in this S tate.......... 50,000 00 School districts in this State 25,000 00 Railroad m ortgage b o n d s... 60,000 00 $3,126,300 00 $7 ,116,900 00 Original Estimated cost market value $1,052,870 81 $992,580 00 1,832,826 75 1,734,685 50 133,196 50 126,350 00 82,066 23 80,980 00 54,792 65 50,200 00 25,248 25 26,300 00 71,400 00 82,344 00 $3,263,345 19 $3,082,495 50 =— ----------------■ ■■■ ------ Banking house and lot, book value, $125,000; cost, $142,786.54; actual cash value................................................................... Other real estate, book value, $14,652.14; cost, $14,652.14; actual cash value ................................................................................ Cash on deposit in banks or trust companies................................. Cash on hand ............................................................................................. Total of collectible interest................................................................... 3,082,495 50 125,000 00 14,652 917,650 34,664 81,685 14 04 33 58 $11,373,047 59 L IA B IL IT IE S Amounts due depositors, viz.: P rincipal ............................................... ............................. ..$10,557,263 44 Dividends credited or to be credited fo r the six months ending with December 31, 1915...................... 201,746 43 ------------------ $10,759,009 87 Other liabilities, viz.: Taxes and insurance reserve................... 633 19 Surplus on market value....................................................................... 613,404 53 $11,373,047 59 Surplus on par value, $657,209.03. CASH TRANSACTIONS DURING THE YEAR 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................. From depositors, not including dividends crediteed.................... From interest on loans, deposits and investments..................... From rents from other real estate.................................................... From mortgages ......................................................................................... From redemption of stocks and bonds.............................................. From real estate sold................................................ $845,873 2,5 5 8 ,9 7 5 509,734 116 145,600 43,000 14,000 66 85 67 25 00 00 00 K ings C o u n ty 119 From all other sources, viz.: Employees income tax withheld at source................. Refunds on insurance and em ployee’s liability policy E rror in teller’s cash......................................................... $75 00 61 63 1 00 ------------------ $137 63 $4,117,438 06 PAYM ENTS To depositors, including dividends paid to them........................ $2,591,977 06 326,050 00 For loans on bonds and mortgages................................................... For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $175,000).................................. 1S2,274 14 For interest (other than dividend payments to depositors) . . . 2,1 03 47 For current expenses of the bank, viz.: For salaries .......................................................................... For t a x e s : Banking house, $1,639.45 ; surplus, $5,231.63 .................................................................................. F or expenses, except taxes, o f banking hou se: Repairs .............................................................................. Other .................................................................................. F or expenses o f other real estate, v i z .: Repairs .............................................................................. Taxes ............: .................................................................... Other .................................................................................. F or other expenses, not including expenses o f other real estate nor other expenses o f banking hou se.. $28,080 00 6,871 08 975 61 2,502 52 25 05 271 09 1 50 8,006 03 -------------------------------------- 46,732 88 For real estate acquired by foreclosure, or in settlement of debts due the bank............................................................................... 14,652 14 Other payments, viz.: Em ployees’ income tax withheld a t source.................. Commission on sale o f old banking house.......... . E rror in teller’s cash......................................................... $75 00 144 00 1,115 00 -------------------------------------- 1,334 00 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................. 952,314 37 $4 ,117,438 06 STATISTICAL INFORMATION 15,541 Number of open accounts January 1, 1916.................................... Number of accounts opened or reopened during the year......... 2,512 Number of accounts closed during the year.................................... 2,130 Amount deposited during the year, not including dividends credited for that period....................................................................... $2,558,975 85 Amount withdrawn during the year........... ...................................... 2,591,977 06 Amount of dividends credited and paid for the year, viz.: A pril 1, 1915 .......................................................................... July 1, 1915 ........................................................................... January 1, 1916 ................................................................... $1,353 95 198,495 79 201,746 43 Average amount of each account January 1, 1916...................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................ Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................. Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915............................... Dividends paid to depositors for the year 1915........................... Net earnings for the year 1915 over expenses and dividends paid to depositors ................................................................................ 401.596 17 692 29 4 4 $501,711 15 48,589 40 401.596 17 51,525 58 120 R 41. epoet on S a v in g s B a n k s E A S T B R O O K L Y N S A V IN G S B A N K , B R O O K L Y N [643 M yrtle aven ue; Incorporated 1860] EUGENE P . BARNES, President. D AVID M OREHOUSE, Treasurer. JOHN H. IRELAN D, Vice-President. HENRY W. COONS, Asst. Treasurer. WM. A . GRAHAM , Vice-President. TRUSTEES EUGENE F . BARNES. JOHN H. IRELAND, JAM ES S. DAVIS, ED W AR D F. GEER, HENRY VON GLAHN, JOHN T. BARRY, ROBERT L. WENSLEY, E. J. P H IL L IP S , F R E D 'K E. GUNNISON, A. R. BOERUM, CLINTON P. CASE, H A R R Y A. MOODY. W IL L IA M A. GRAHAM, A L F R E D S. HUGHES, GEORGE NICHOLSON, D A V ID MOREHOUSE, LU TH E R M. W ERNER. FIN AN CIAL R ESO U RCES Bonds and mortgages...................... Stock and bond investments, viz.: $4,437,900 00 Par value Cities in other States.........$1,104,000 00 Cities in this S tate.............. 1,269,152 60 Counties in this State........ 70,000 00 Villages in this State.......... 15,000 00 Railroad m ortgage b o n d s... 700,000 00 S to c k s and bonds $3,158,152 60 Banking actual Cash on Cash on Total of Original Estimated cost market value $1,167,052 23 $1,084,290 00 1,293,745 42 1,259,244 17 71,503 66 71,320 00 17,137 50 14,850 00 741,034 30 599,000 00 $3,290,473 11 $3,028,704 17 ----------------------------- — ■ - = = ■ ■ 3,0 2 8 ,7 0 4 17 house and lot, book value, $25,000; cost, $48,741.60; cash value................................................................................... 25,000 00 deposit in banks or trust companies.................................. 632,339 40 hand................................................................................................ 52,689 22 collectible interest..................................................................... 68,840 61 $8 ,245 ,47 3 40 L IA B IL IT IE S Amount due depositors, viz.: P rincipal ................................................................................. $7,536,618 39 Dividends credited or to be credited fo r the six months ending with December 31, 1915...................... 141,433 90 ------------------ $7 ,678 ,05 2 29 Surplus on market value.......................................................................... 567,421 11 $ 8 ,245 ,47 3 40 Surplus on par value, $696,869.64. CASH TRANSACTIONS DURING THE Y E A R 1915 R E C E IPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividends credited........................ From interest on loans, deposits and investments........................... From rents from banking house.......................................................... From mortgages ......................................................................................... From redemption of stocks and bonds................................................. From all other sources, viz.: Appraisal fees ..................................................................... T ax search receipts ........................................................... Insurance premiums returned ....................................... $562,484 1,914,9 73 361,299 432 76,500 58,245 71 18 43 00 00 00 $295 00 132 00 76 05 -------------------------------------- 50305 $2 ,974 ,43 7 37 K in g s 121 County PAYM EN TS To depositors, including dividends paid to them............................. $1 ,870 ,03 8 58 For loans on bonds and mortgages........................................................ 266,300 00 For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $114,000)...................................... 115,865 49 1,122 05 For interest (other than dividend payments to depositors) . . . . For current expenses of the bank, viz.: F or salaries .......................................................................... For ta x e s : Banking house, $445.18 ; surplus, $5,052.21 ................................................................................. F or expenses, except taxes, o f banking hou se: Repairs .............................................................................. Insurance ......................................................................... Other ................................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. $24,278 00 5,497 39 294 14 44 00 15 00 5,878 05 Other payments, viz.: Insurance premiums advanced................ Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 36,006 58 76 05 685,028 62 $2 ,974 ,43 7 37 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... 16,157 Number of accounts opened or reopened during the year........... 2,671 Number of accounts closed during the year...................................... 2,403 Amount deposited during the year, not including dividends credited for that period................................. ..................................... $1 ,914 ,97 3 18 Amount withdrawn during the year................................................... 1,870,0 38 58 Amount of dividends credited and paid for the year, viz.: July 1, 1915 ............................................................................ January 1, 1916 ................................................................... $138,087 18 141,433 90 Average amount of each account January 1, 1916......................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................................ Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................... Total expenses of the bank for the year 1915.................................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors ................................................................................ 279.521 08 475 22 4 4 $355,695 61 36,006 58 279.521 08 40,167 95 122 R 42. eport on EASTERN S a v in g s B anks D I S T R IC T S A V I N G S B A N K , B R O O K L Y N [1024—1026 Gates av en u e; incorporated 1895] LE W IS E. M EEKER, President. CHAS. LOUIS SICARD, Secretary. J. B A R K E R SLOANE, Vice-President. A. MANNING SHEVILL, Cashier. HOMER L. B A R TLE TT, Vice-Pres. TRUSTEES J. P A R K E R SLOANE, CHARLES L. SICARD, JOHN W. FRASER, GEO. W. PAYNTAR, HENRY L. GAUS, HENRY VO LLW E ILE R , HOMER L. B A R TL E T T, C. JEROM E EDW ARDS, CHARLES JACOB. JOHN W. MOORE, FR ED E. BRANDIS, JOHN BOSSERT, LEW IS E. M EEK ER, FIN AN CIAL RESOURCES Bonds and mortgages ............................................................................ $4,911,290 00 Stock and bond investments, viz.: Par Stocks and bonds value State o f M issouri ................ $50,000 00 50,000 00 State o f California .............. Cities in other States......... 1,247,500 00 Cities in this State ............ 670,960 00 Counties in this State.......... 75,000 00 8,667 78 Villages in this State.......... Railroad m ortgage bon ds.. 391,000 00 $2,493,127 78 Original Estimated cost market value $48,121 68 $49,000 00 48,500 00 48,611 55 1,313,780 32 1,293,750 00 689,349 26 679,558 00 77,250 00 77,530 70 9,382 87 8,667 78 424,802 88 368,870 00 $2,611,579 26 $2,525,595 78 — ■ — — = Other real estate, book value, $20,281.19; cost, $20,281.19; actual cash value ................................................................................ Cash on deposit in banksor trust companies.................................. Cash on hand .............................................................................................. Total of collectible interest............................................ Amount of all other assets, viz.: New York State barge canal judgm ents................................................................................................. 2 ,5 2 5 ,5 9 5 78 20,281 733,221 16,154 75,881 19 49 25 50 4,402 47 $8 ,286,826 68 L IA B IL IT IE S Amount due depositors, v iz.: P r in c ip a l............................ ..................................................... $7,771,105 74 Dividends credited or to be credited fo r the six months ending with December 31, 1915.................... 140,272 36 ------------------ $7 ,911,378 10 Surplus on market value ..................................................................... 375,448 58 $8 ,286,826 68 Surplus on par value, $342,980.58. CASH TRANSACTIONS DURING THE YEA R 1915 R E CEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................. From depositors, not including dividends credited.................... From interest on loans, deposits and investments.................... From rents from other real estate..................................................... From mortgages ........................................................................................ From redemption of stocks and bonds............................................. From stocks and bonds sold (total par value, $108,000)......... From all other sources, viz.: Insurance premiums advanced refunded .................................................................................................... $650,657 3,404,4 68 370,022 847 103,560 22,862 110,379 02 43 02 28 00 70 68 142 17 $4 ,662,939 30 K ings C o u n ty 123 PAYM ENTS To depositors, including dividends paid to them........................... $3 ,106,809 46 For loans on bonds and mortgages................................................... 590,978 34 For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $158,000).................................... 167,541 58 For interest (other than dividend payments to depositors).. 1,930 63 For current expenses of the bank, viz.: F or salaries .......................................................................... F or expenses, except taxes, o f banking h o u se: Other ..................................................................................... For rent o f banking room s................................................ For expenses o f other real estate, v i z .: Repairs .............................................................................. Insurance .......................................................................... Taxes ................................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking hou se.. $14,050 00 438 50 2,944 83 54 79 9 50 148 97 6,910 17 24.556 76 For real estate acquired by foreclosure, or in settlement of debts due the bank................................................................................ Other payments, viz.: New York State barge canal judgm ents purchased.. Insurance premiums advanced........................................ 17.225 90 $4,402 47 118 42 4,520 89 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 749,375 74 $4 ,662,939 30 STATISTICAL INFORMATION Number of open accounts January 1, 1916.................... ................. 23,797 5,350 Number of accounts opened or reopened during the year......... 4,118 Number of accounts closed during the year.................................. Amount deposited during the year, not including dividends credited for that period..................................................................... $3 ,404,468 43 3,106,809 46 Amount withdrawn during the year ............................................... Amount of dividends credited and paid for the year, viz.: July 1, 1915 ........................................................................... January 1, 1916 ..................................................................... $135,816 22 140,272 36 Average amount of each account January 1, 1916...................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915.......................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................. Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts........................... Total expenses of the bank for the year 1915............................... Dividends paid to depositors for the year 1915........................... Net earnings for the year 1915 over expenses and dividends paid to depositors ................................................................................ 276.088 58 332 45 4 4 $368,109 77 24,556 76 276.088 58 67,464 43 124 R 43. eport on S a v in g s B anks E A S T N E W Y O R K S A V IN G S B A N K , B R O O K L Y N [2644 A tlantic aven ue; incorporated 1868] FR ED ER IC K M IDDENDORF, President. JOHN M. LINZ, Treasurer. C. W. COLYER, Vice-President. ED W AR D A. RICHARDS, Secretary. CLARENCE F. COLYER, Vice-Pres. TRUSTEES F R ED ’ K MIDDENDORF, C. W. COYLER, RUDOLPH REIM ER, FRAN K C. LANG, F R ED ER IC K D. HART, CLARENCE F. COLYER. JOHN M. LINZ, ADOLPH KIEN DL, A. H. ACKERMAN, HENRY MEYER, G. F. M IDDLED ORF, J r ., JOHN MEIN, Sr ., N. W IL LA R D CURTIS, E. A. RICHARDS. FIN AN CIAL RESOURCES Bonds and mortgages................................................................................ Stock and bond investments, viz.: Par value $53,000 00 190.000 00 662.000 00 47.000 00 24.000 00 445,000 00 Stocks and bonds State o f California .............. Cities in other States ___ Cities in this State............... Towns in this S tate............ Villages in this S tate......... Railroad mortgage b on d s... $1,421,000 00 $2 ,373 ,60 0 00 Estimated Original market value cost $51,675 00 $51,410 00 195,730 91 192.600 00 661,785 00 673,847 35 49,440 00 52,430 00 24,640 00 28,596 00 401.600 00 501,805 82 $1,504,085 08 $1,381,475 00 1,381,475 00 Banking house and lot, book value, $35,399.70; cost, $35,399.70; actual cash value..................................................................................... Cash on deposit in banks or trust companies................................. Cash on hand................................................................................................ Total of collectible interest..................................................................... 25,000 287,999 13,959 53,309 00 68 93 44 $4 ,135 ,34 4 05 L IA B IL IT IE S Amount due depositors, viz.: Principal ................................................................................. $3,701,507 18 Dividends credited o r to be credited fo r the six 68,804 87 m onths ending with December 31, 1915...................... ------------------ $3 ,770,312 05 Surplus on market value.......................................................................... 365,032 00 $4 ,135 ,34 4 05 Surplus on par value, $404,557. CASH TRANSACTIONS DURING THE YEA R 1915 R E CEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividends credited........................ From interest on loans, deposits and investments......................... From rents from banking house............................................................ From m ortgages......................................................................................... From redemption of stocks and bonds............................................... From all other sources, viz.: Refund fire insurance premium. $302,920 994,889 196,103 300 33,250 10,000 19 81 32 03 00 00 00 50 $1 ,537,482 66 PAYM ENTS To depositors, including dividends paid to them............................. $1,008,772 97 For loans on bonds and mortgages........................................................ 156,850 00 For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $ 5 0,00 0)...................................... 51,975 00 For interest (other than dividend payments to depositors.. . . 4 56 25 K ings C o u n t y 125 For current expenses of the bank, viz.: F or salaries .......................................................................... For ta x es: Banking house, $389.66 ; surplus, $3,076.45 F or expenses, except taxes, o f banking h o u se : Repairs ............................................................................. Insurance ......................................................................... O t h e r ................................................................... .............. F or other expenses, not including expenses o f other real estate nor other expenses o f banking house.. $12,475 00 3,46611 180 55 218 56 395 70 72331 Other payments, viz.: Fire insurance premium advanced. . . . Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. $17,459 23 9 60 301,959 61 $1,537 ,48 2 66 STATISTICAL INFORMATION Number of open accounts January 1, 1916.................................... Number of accounts opened or reopened during the year.............. Number of accounts closed during the year...................................... Amount deposited during the year, not including dividends credited for that period....................................................................... Amount withdrawn during the year................................................... Amount of dividends credited and paid for the year, viz.: July 1, 1915 ........................................................................... January 1, 1916 ................................................................... $994, 889 32 1,008,772 97 $67,513 96 68,804 87 Average amount of each account January 1, 1916......................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................................ Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts........................... Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 9,191 1,473 1, 263 136.318 83 402 73 4 4 $193,914 77 17,468 83 136.318 83 40,127 11 126 R 44. eport on S a v in g s B anks G E R M A N IA S A V IN G S B A N K , K IN G S C O U N T Y , B R O O K L Y N [375 Fulton stre e t; A. GOEPEL, President. OTTO W ISSNER, Vice-President. P E TE R H. REPPENHAGEN, Vice-Pres. incorporated 1867] OSCAR THOM ASS, Treasurer. J. C. M. LORENZ, Secretary. JOHN W. HASS, Cashier. TRUSTEES ADOLPH GOEPEL, CHAS. A. SCHIEREN, P. H. REPPENHAGEN. T. E L L E T T HODGSKIN, EDW ARD L. GRAEF, JACOB DANGLER, AUGUST JAHN, J. F. H ILDEBRAN D. RICH ARD KNY, OTTO W ISSNER, G. W. RASCH, J. R. MANNHEIM, HERMAN A. M ETZ, LOUIS SCHELING, F R ED ER IC K RENKEN, W ILLIA M RASMUS, OSCAR THOM ASS. FIN AN CIAL RESOURCES Bonds and mortgages.............................................. Stock and bond investments, viz.: Par S tocks and bonds value State o f California .............. $90,000 00 858,000 00 Cities in other States.......... Cities in this State.............. 2,308,324 55 Counties in this S tate......... 386,000 00 Towns in this S tate............... 29,675 00 Villages in this State.......... 173,900 00 R ailroad mortgage bon d s... 20,000 00 $3,865,899 55 $7 ,507,350 00 Estimated Original market value cost $90,608 40 $90,300 00 891,929 05 864,630 00 2,442,512 97 2,248,277 54 405,991 67 388,320 00 32,658 81 29,391 50 186,133 48 174,682 00 20,448 00 16,200 00 $4,070,282 38 $3,811,80104 3,811,801 04 Banking bouse and lot, book value, $322,900.27; cost, $374,620.05; actual cash value..................................................................... Other real estate, book value, $35,000; cost, $38,989.42; actual cash value ................................................................................ Cash on deposit in banks or trust companies................................. Cash on hand ..................................................................... ...................... Total of collectible interest................................................. ................. Amount of all other assets, viz.: Rents accrued ........................................................................ New York State barge canal judgm ents...................... 322,900 27 35,000 810,002 7,754 93,091 $975 00 4,806 78 00 28 70 62 5,781 78 $12,593,681 69 L IA B IL IT IE S Amount due depositors, viz.: P rincipal .............................................................................. ; .$11,589,465 56 Dividends credited o r to be credited fo r the six months ending with December 31, 1915 ...................... 219,803 23 ------------------ $11,809,268 79 Surplus on market value....................................................................... 784,412 90 $12,593,681 69 Surplus on par value, $838,511.41. CASH TRANSACTIONS DURING THE YEAR 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................ From depositors, not including dividendscredited..................... From interest on loans, deposits andinvestments........................ From rents from banking house......................................................... From rents from other real estate.................................................... From mortgages ........................................................................................ From redemption of stocks and bonds............................................... From real estate sold..................................................... .......................... $843,700 3,0 71.4 87 546,727 18,214 3,077 195,800 65,780 20,300 83 90 11 24 89 00 91 00 K ings C o u n ty 127 From oil other sources, viz.: A ppraisal fees refunded...................................................... Deficiency judgm ent on contract o f sale...................... Insurance refunded ............................................................ $433 00 1,000 00 3 72 $1,436 72 $4,766,525 60 PAYM ENTS To depositors, including dividends paid to them......................... $3,133,341 92 For loans on bonds and mortgages...................................................... 359,500 00 For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $362,000)................................. 373,482 21 For interest (other than dividend payments to depositors).. 3,512 17 For current expenses of the bank, viz.: F or salaries ....................... , ................................................ F or t a x e s : Banking house, $7,478.30; surplus, $6,740.45 .................................................................................. F or expenses, except taxes, o f banking hou se: Repairs .............................................................................. Insurance ......................................................................... Other ................................................................................. For expenses o f other real estate, v i z .: Repairs .............................................................................. Insurance ......................................................................... Taxes ................................................................................. Other ................................................................................. F or other expenses, not including expenses o f other real estate nor other expenses o f banking hou se.. $19,374 00 14,218 75 1,290 70 187 85 9,484 23 298 1,010 812 485 87 61 50 08 5,171 28 52,333 93 For real estate acquired by foreclosure, or in settlement of debts due the bank................................................................................ Other payments, viz.: Cash short ............................................................................. Commission on real estate so ld ....................................... New York State barge canal judgm ents...................... 21,631 61 $100 00 60 00 4,806 78 4,966 78 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 817,756 98 $4 ,766,525 60 STATISTICAL INFORMATION Number of open accounts January 1, 1916.................................... 20,281 Number of accounts opened or reopened during the y e a r . . . . 3,184 Number of accounts closed during the year.................................... 2,674 Amount deposited during the year, not including dividends credited for that period..................................................................... $3,071,487 90 Amount withdrawn during the year................................................. 3,133,341 92 Amount of dividends credited and paid for the year, viz.: July 1, 1915 ........................................................................... January 1, 1916 ..................................................................... $216,252 88 219,803 23 Average amount of each account January 1, 1916...................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915.......................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................. Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors ................................................................................ 436.056 11 582 32 4 4 $565,003 56 56,515 29 436.056 11 72,432 16 128 R 45. GERMAN epoet on S A V IN G S S a v in g s B a n k s B A N K OF B R O O K L Y N , B R O O K L Y N [531 B road w ay ; C H ARLES FROEB, President. AUGUST C. SCHARMANN, Vice-Pres. incorporated 1866] J. A. M OLLENHAUER, Vice-Pres. HENRY Sl'U M PF, Secretary. TRUSTEES TH EO. ENGELHARDT, J. A . M O L L E N H A U E R , CH ARLES FROEB, A. C. SCH AR M AN N , H E N R Y C. D E C K , JOHN R. THOMPSON. J. M. OTTO, GEORGE B. GOODWIN, J. H. SCHUMANN, HENRY STUMPF, JOSEPH HUBER, LOUIS ZOLLNER, JOHN PROBST, FR ED ERICK W EISBROD, W ILLIA M K. DICK. FIN AN CIAL R ESO U RCES $11,708,430 00 Bonds and mortgages.............................................. Stock and bond investments, viz.: Par S tocks and bonds value State o f C alifornia ............. $12,000 00 21,000 00 State o f Idaho ..................... State o f Louisiana ............. 5,000 00 State o f Utah ...................... 44,000 00 Cities in other States......... 2,181,059 00 Cities in this State............... 2,631,630 36 Counties in this S tate......... 234,000 00 Towns in this State............ 44,000 00 Railroad mortgage b o n d s ... 1,640,000 00 $6,812,689 36 Original Estimated cost market value $11,760 00 $11,757 60 21,173 20 21,170 00 5,015 00 5,000 00 48,400 00 48,655 20 2,276,549 81 2,190,309 39 2,528,419 42 2,744,877 42 254,150 52 230,360 00 46,097 00 45,860 71 1,701,395 00 1,779,533 66 $7,187,573 12 $6,782,910 81 ■- - ■ Banking bouse and lot, book value, $83,714.59; cost, $120,714.59 ; actual cash value............................................................................ Cash on deposit in banksor trust companies................................... Cash on hand............................................................................................... Total of collectibleinterest...................................................................... Amount of all other assets, viz.: New York State barge canal judgm ents........................ Rents acrued ........................................................................ 6,7 8 2 ,9 1 0 81 83,714 1,915,000 74,339 151,629 59 00 27 66 $12,519 31 381 26 -------------------------------------- 12,900 57 $20,728,924 90 L IA B IL IT IE S Amount due depositors, viz.: Principal ................................................................................. $18,879,818 30 Dividends credited or to be credited fo r the six months ending with December 31, 1915 ...................... 348,836 75 ------------------ $19,228,655 05 Surplus on market value.......................................................................... 1,500,269 85 $20,728,924 90 Surplus on par value, $1,530,048.40. CASH TRANSACTIONS DURING THE YEA R 1915 R E CEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... $1,786,486 81 From depositors, not including dividends credited......................... 6,0 9 8 ,8 4 6 66 From interest on loans, deposits andinvestments........................... 911,852 18 From rents from banking house............................................................ 4,017 54 From m ortgages......................................................................................... 128,550 00 From redemption of stocks and bonds................................................. 31,196 00 From stocks and bonds sold (totalpar value,$179,000)............... 174,109 90 From real estate sold................................................................................ 6 ,9 5 0 00 K in g s C o u n ty 129 From all other sources, viz.: Rebate on bonds purchased............................................. Sale o f drinking cups......................................................... Satisfaction pieces ............................................................ Insurance premiums advanced, refunded...................... $32 9 81 30 50 20 00 00 ------------------ $152 70 $9,142,161 79 PAYM ENTS $5,493,624 68 To depositors, including dividends paid to them........................ 1,024,6 80 00 For loans on bonds and mortgages................................................. For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $553,421.88)............................. 555,636 56 7,264 75 For interest (other than dividend payments to depositors) . . . For current expenses of the bank, v iz.: For salaries .......................................................................... For t a x e s : Banking house, $1,280.92; surplus, $12,531.18; on mortgages, $32.94............................................. F or expenses, except taxes, o f banking h o u se : Repairs .............................................................................. Insurance .......................................................................... For expenses o f other real estate, v i z .: Taxes ............................................................................... For other expenses, not including expenses o f other real estate nor other expenses o f banking house. $37,270 88 13,845 04 1,131 17 65 33 48 46 6,706 34 59,067 22 Other payments, viz.: New York State barge canal judgm ents purchased... Insurance premiums ........................................................... $12,519 31 30 00 12,549 31 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 1,989,339 27 $9,142,161 79 STATISTICAL INFORMATION 43,228 Number of open accounts January 1, 1916...................................... 7,253 Number of accounts opened or reopened during the year......... 5,567 Number of accounts closed during the year.................................... Amount deposited during the year, not including dividends credited for that period..................................................................... $6,098,846 66 5,4 9 3 ,6 2 4 68 Amount withdrawn during the year................................................... Amount of dividends credited and paid for the year, viz.: July 1, 1915 ........................................................................... January 1, 1916 ..................................................................... $335,740 64 348,836 75 Average amount of each account January 1, 1916...................... Number of accounts which exceeded $3,000, exclusive of divi dends, credited at the last trial balance of depositors’ ledgers, except deposits arising from society accounts, or ju dicial sales, or trust funds, or by order of a court of record or of a surrogate.................................................................................... Total amount of such accounts............................................................ Rate per cent, of dividends to depositors during the six months ending June 30, 1915........................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 5 684,577 39 444 82 4 $13,084 81 4 4 $897,234 18 59,067 22 684,577 39 153,589 57 130 R epoet on S avin gs B a n k s 46. T H E G R E A T E R N E W Y O R K S A V IN G S B A N K , B R O O K L Y N [498 Fifth aven ue; C. J. OBERMAYER, President. A L E X A N D E R G. CALDER, Vice-Pres. incorporated 1897] CIIAS. G. BALMANNO, Vice-Pres. WM. OBERMAYER, Secretary. TRUSTEES C. J. OBERMAYER, CHARLES RUSTON, W ILLIA M J. M AXW ELL, W. F. VANDEN IIOUTEN, ALLAN BOW IE, THOMAS MURPHY. A L E X . G. CALDER, FR AN K A. SELLE, M ILO M. BELDING, JR., H. B. M cN A IR , CIIAS. G. BALMANNO, WM. OBERM AYER, W. M. M ESEROLE, WM. K. CLEVERLEY, W ALTER CRITCH LEY, JOHN LAMONT. A R C H IB A LD SIMPSON. GUSTAVE HARTUNG, JOHN E. RUSTON, FR ED ER IC K W. STARR, WM. W. SPENCE, LUDW IG M ERK LEIN, GUY LOOMIS, WM. D. BUCKNER, RAYMOND H. FIERO , FIN AN CIAL RESOURCES Bonds and mortgages ........................................................................... Stock and bond investments, viz.: Par value $100,000 592,500 388,000 25,000 14,500 17,000 S to c k s and b on d s State* o f New York .............. Cities in other States............ Cities in this State............... Towns in this State............ Villages in this S tate............ School districts in this State 00 00 00 00 00 00 $1,137,000 00 $2,520,600 00 Original Estimated cost market value $105,387 00 $106,00000 620,191 93 597,40500 385,376 08 302,82000 25,457 50 24,87000 15,436 00 14,29000 17,589 80 17,10500 $1,169,438 31 $1,122,490 00 ■ ■ ■■■------- - — = 1,122,490 00 Other real estate, book value, $23,000; cost, $26,551.08; actual cash value ............................................................................... 23,000 00 400,069 88 Cash on deposit in banks or trust companies................................. Cash on hand ................................................... .......................................... 21,656 39 Total of collectible interest................................................................... 38,615 84 $4 ,126,432 11 L IA B IL IT IE S Amount due depositors, viz.: P r in c ip a l.............................................................................. . $3,902,075 89 Dividends credited or to be credited fo r the six months ending with December 31, 1915....................... 68,780 65 ------------------ $3,970,856 54 155,575 57 Surplus on market value....................................................... ............... $4 ,126,432 11 '..........—— ■ ■- Surplus on par value, $170,085.57. CASH TRANSACTIONS DURING THE YEA R 1915 R E C E IPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................ $330,863 57 From depositors, not including dividends credited...................... 1,819,128 74 From interest on loans, deposits andinvestments.......................... 181,978 90 From rents from other realestate...................................................... 2,561 29 From mortgages ................................................... ..................................... 125,750 00 From redemption of stocks and bonds............................................... 500 00 From stocks and bonds sold (total parvalue, $119,700). 118,609 85 From real estate sold.............................................................................. 4 ,5 00 00 From all other sources, viz.: Nickle plated banks lost and paid f o r ........................... Cash over ............................................................................... $10 00 70 18 $2,583,972 53 131 K ings C o u n ty PAYM EN TS To depositors, including dividends paid to them........................... $1,517,507 41 For loans on bonds and mortgages..................................................... 313,050 00 For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $290,000)................................. 300,931 99 For interest (other than dividend payments to depositors).. 2,443 84 For current expenses of the bank, viz.: F or salaries ........................................................................... For ta x es: Surplus................................................... For expenses, except taxes, o f banking h o u se : Re pairs ...................................................................................... For rent o f banking room s................................................. For expenses o f other real estate, viz. : Repairs .............................................................................. I n s u r a n c e ............................... Taxes ................................................................................. O t h e r .................................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. $15,130 51 1,223 89 289 20 3,300 00 768 192 714 416 17 66 19 14 6,272 26 28,313 02 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 421,726 27 $2,583,972 53 STATISTICAL INFORMATION 16,599 Number of open accounts January 1, 1916...................................... 4,191 Number of accounts opened or reopened during the year......... Number of accounts closed during the year...................................... 3,211 Amount deposited during the year, not including dividends credited for that period....................................................................... $1,819,123 74 Amount withdrawn during the year................................................. 1,517,507 41 Amount of dividends credited and paid for the year, viz.: July 1. 1915 ............................................................................. January 1, 1916 ..................................................................... $64,719 78 68,780 65 Average amount of each account January 1, 1916...................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915........... ................................................ Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................. Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915............................... Dividends paid to depositors for the year 1915........................... Net earnings for the year 1915 over expenses and dividends paid to depositors ............................................................................. 133.500 43 239 22 4 4 $185,177 91 28,313 02 133.500 43 23,364 46 132 R eport on S avin g s B a n k s 47. T H E G R E E N P O IN T S A V I N G S B A N K , B R O O K L Y N [807 Manhattan av en u e; incorporated 1868] EPH R A IM A. W ALKER, President. GEORGE W. FE LT E R , Secretary. C. H. REYNOLDS, Vice-President. FRAN K S. H ARLOW , Asst. Secretary. D. A. MANSON, Vice-President. TRUSTEES E PH RAIM A. W ALKER, PE TER BURDEN, HENRY DUCKER, DONALD A. MANSON, L E W IS JURGENS, JAS. A. M cC A FFER TY , GEORGE W. F E LTE R , CHAS. H. REYNOLDS, D A V ID M ARTIN . FRANK S. HARLOW , FERNAND S. BELLEVUE, W ILLIA M B. CATER, GEORGE E. PERRY, FIN AN CIAL RESOURCES Bonds and mortgages................................................................................ $5 ,104,600 00 Stock and bond investments, viz.: Par Stocks and bonds value $70,000 00 State o f Oklahoma ............... 155.000 00 State o f Tennessee................... 25.000 00 State o f Idaho......................... State o f C alifornia................. 50.000 00 Cities in other States......... 1,223,000 00 Cities in this State............... 1,205,500 00 Counties in this State.......... 370.000 00 Towns in this State............... 54.000 00 Railroad mortgage b o n ds... 585.000 00 $3,737,500 00 Original Estimated cost market value $70,654 62 $70,700 00 159,617 05 161,950 00 25,492 50 25.500 00 51.500 00 51,193 52 $1,248,479 59 $1,219,620 00 1,228,576 16 1,197,633 00 397,680 13 358,750 00 54,000 00 54,479 24 586,015 63 479,000 00 $3,822,188 44 $3,618,653 00 ---------- -- ■ ■ - ...... — — Banking house and lot, book value, $125,000; cost, $169,227.76; actual cash value.................................................................................. Cash on deposit in banksor trust companies............................... Cash on hand................................................................................................ Total of collectible interest.................................................................... Amount of all other assets, viz.: New York State barge canal judgments ................................................................................................ 3,618,6 53 00 125,000 809,501 33,894 78,719 00 19 95 55 13,470 09 $9 ,783,838 78 L IA B IL IT IE S Amount due depositors, viz.: Principal ................................................................................. $8,675,387 88 Dividends credited or to be credited fo r the six months ending with December 31, 1915...................... 160,745 10 ------------------ $8,836,132 98 Other liabilities, viz.: Expenses incurred, but unpaid, taxes accrued .......................... 4,500 00 Surplus on market value......................................................................... 943,205 80 $9 ,783,838 78 Surplus on par value, $1,062,052.80. CASH TRANSACTIONS DURING THE YEA R 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividends credited...................... From interest on loans, deposits and investments......................... From mortgages ....................................................................................... From redemption of stocks and bonds............................................... From stocks and bonds sold (total par value, $180,000)........... $546,430 2,4 17,0 43 439,457 131,850 241,600 185,461 57 77 68 00 00 88 $3 ,961,843 90 133 K ings C o u n ty PAYM ENTS To depositors, including dividends paid to them........................ $2 ,161,349 11 321,875 00 For loans on bonds and mortgages................................................... For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $552,000)................................. 563,203 34 For interest (other than dividend payments to depositors) . . . . 7,742 95 For current expenses of the bank, viz.: F or salaries ......................................................................... F or t a x e s : Banking house, $2,382.20; surplus, $8,791.96 ...................................................................................... For expenses, except taxes, o f banking h o u s e : Repairs .............................................................................. Insurance .......................................................................... F or other expenses, not including expenses o f other real estate nor other expenses o f banking house.. $35,502 50 11,174 16 775 29 184 09 3,171 23 -----------------Other payments, viz.: New York State barge canal judg ments purchased .................................................................................. Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 50,S07 27 13,470 09 S43,396 14 $3,961,843 90 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... I S ,552 Number of accounts opened or reopened during the year......... 3,446 Number of accounts closed during the year................................. 2,744 Amount deposited during the year, not including dividends credited for that period..................................................................... $2,417,043 77 Amount withdrawal during the year................................................. 2 ,1 61,3 49 11 Amount of dividends credited and paid for the year, viz.: July 1, 1915 ............................................................................. January 1, 1916 ...................................................................... $154,972 02 160,745 10 Average amount of each account January 1, 1916...................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................................ Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 315.717 12 476 29 4 4 $435,433 34 50,807 27 315.717 12 68,908 95 134 R eport on S ayin g s B a n k s 48. HAMBURG S A V IN G S B A N K , B R O O K L Y N [1451 M yrtle aven ue; incorporated 1906] D AVID ENGEL. President. NICHOLAS A. STEMMERMANN, ViceROBERT E. M OFFETT, Vice-Pres. President. GEO. C. UNBESCHEIDEN, Secy. TRUSTEES D AVID ENGLE, N. A. STEMMERMANN, H. L. SCHELLING, HENRY C. BOHACK, A LBERT L. LEVI, THEODORE C. E PPIG, II. J. HOLTERMANN, CHAS. AICHMANN, ERN EST A. FLEISCH ER, OTTO SPANGENBERG, HENRY C. BAINBRIDG E, ROBERT E. M OFFETT, W. P. BOGGS, HENRY F. W AGNER, F. AUGUST SCHURMANN. FIN AN CIAL RESOURCES Bonds and mortgages................................................................................ $1,143 ,10 0 00 Stock and bond investments, viz.: Par value $25,000 00 29,000 00 178,000 03 14,000 00 92,100 00 68,200 00 59,000 00 S tocks and bonds State o f New York .............. Cities in other States ......... Cities in this State................. Towns in this State ............ Villages in this State............ School districts in this State Railroad mortgage bonds---- $465,300 03 Original Estimated cost market value $25,500 00 $25,765 63 28,006 00 27,920 00 175,621 68 175,970 32 14,040 00 14,075 20 93,070 00 92,950 02 69,956 50 70,820 70 51,600 00 56,208 76 $463,796 63 $457,708 18 457,708 178,080 7,143 11,338 Cash on deposit in banks or trust companies................................. Cash on hand............................................................................................... Total of collectible interest................................................................... Amount of all other assets, viz.: New York State barge canal judgments ............................................................................................... 18 06 25 29 4,937 63 $1,802,307 41 L IA B IL IT IE S Amount due depositors, viz.: Principal ................................................................................. $1,727,895 30 Dividends credited or to be credited fo r the six months ending with December 31, 1915...................... 31,146 15 ------------------ $1,759,041 45 Surplus on market value....................................................................... 43,265 96 $1,802,307 41 — ........... Surplus on par value, $50,857.81. CASH TRANSACTIONS DURING THE YEAR 1915 R E CEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividends credited...................... From interest on loans, deposits and investments........................ From mortgages ....................................................................................... From redemption of stocks and bonds............................................... $72,501 746,913 80,347 24,900 31,416 10 08 53 00 67 $956,078 38 PAYM EN TS To depositors, including dividends paid to them........................... For loans on bonds and mortgages...................................................... For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $ 3 2,00 0)...................................... For interest (other than dividend payments to depositors) . . . . $680,769 25 43,250 00 32,587 39 598 67 K ings C o u n ty 135 For current expenses of the bank, viz.: For salaries ........................................................................... For ta x e s: Banking house, $480; surplus, $218.12___ F or expenses, except taxes, o f banking h o u s e : R e p a ir s .............................................................................. I n s u r a n c e .......................................................................... O t h e r .................................................................................. For rent o f banking room s................................................ For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. $3,901 00 698 12 63 96 784 1,500 56 20 00 00 1,669 25 $8,712 13 Other payments, v iz.: New York State barge canal judg ments purchased .................................................................................... Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. 4,937 63 185,223 31 $956,078 38 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... Number of accounts opened or reopened during the year........... Number of accounts closed during the year................................. Amount deposited during the year, not including dividends credited for that period....................................................................... Amount withdrawn during the year................................................... Amount of dividends credited and paid for the year, viz.: July 1, 1915 ........................................................................... January 1, 1916 .......... ............ ............................................. $746,913 08 680,769 25 $29,815 10 31,146 15 Average amount of each account January 1, 1916........................ Rate per. cent of dividends to depositors during the six months ending June 30, 1915........................................................................... Rate per cent of dividends to depositors during the six months ending December 31, 1915................................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915............................... Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 6,774 1,534 1,029 60.961 25 259 67 4 4 $80,516 44 8,712 13 60.961 25 10,843 06 R eport on S avin gs B a n k s 136 49. H OM E S A V IN G S B A N K , B R O O K LY N [804 M anhattan av en u e; incorporated 1906] M ARSH ALL W. GLEASON, President. JOHN W. BURR, Vice-President. LOUIS STERN, Vice-President. V. M. POW ELL, Cashier. TRUSTEES GEORGE II. GERARD, M. W. GLEASON, JOHN W. BURR, HARRY A. JEW ELL, M ORRIS SALZMAN, LOUIS STERN, OSCAR A. BOCH, CHAS. F. BALL, CHAS. W. GR IFFIN , EDGAR H. HAZELWC EDW IN J. SUTPHIN. THOMAS F. KELLY, J. R. HAZELW OOD, M. H. CAVANAUGH, GEORGE H. ROWE, ROSCOE HAZELW OOD, FIN AN CIAL RESOURCES Bonds and mortgages............................................... Stock and bond investments, viz.: Par value $28,500 00 20,600 00 15.000 00 9,500 00 38,750 00 37.000 00 S to c k s and bon ds Cities in other States............ Cities in this State............... Counties in this State.......... Towns in this State............. Villages in this State............ School districts in this State $149,350 00 $347,700 00 Original Estimated cost market value $29,509 65 $28,265 00 21,382 00 21,595 18 15,000 00 15,250 00 9,673 30 9,540 00 40,230 25 39,862 50 38,442 52 37,436 00 $154,450 90 $151,735 50 151,735 4S,776 4,2 10 4 ,1 44 Cash on deposit in banks or trust companies................................... Cash on hand............................................................................................... Total of collectible interest..................................................................... Amount of all other assets, v iz.: Vaults, furniture and fixtures ...................................................................................................... 50 07 03 81 3 ,0 00 00 $559,566 41 L IA B IL IT IE S Amount due depositors, viz.: Principal ................................................................................. Dividends credited or to be credited fo r the six months ending with December 31, 1915...................... $534,861 28 9,796 04 -----------------Surplus on market value........................................................................... $544,657 32 14,909 09 $559,566 41 Surplus on par value, $12,523.59. CASH TRANSACTIONS DURING THE YEA R 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividends credited........................ From interest on loans, deposits and investments........................ From mortgages ......................................................................................... From redemption of stocks and bonds............................................... From stocks and bonds sold (total par value, $1 5,000)............. From all other sources, viz.: Profit on sale of bonds................ $29,991 230,981 27,700 18,500 9,2 50 15,000 600 64 43 54 00 00 00 00 $332,023 61 PAYM EN TS To depositors, including dividends paid to them........................... For loans on bonds and mortgages..................................................... For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $2 2,00 0)............................................. For interest (other than dividend payments to depositors)----- $231,847 04 19,500 00 22,087 20 125 53 K ings C o u n ty 137 For current expenses of the bank, viz.: For salaries ........................................................................... For expenses, except taxes, o f banking house : Other For rent o f banking room s................................................. F or other expenses, not including expenses o f other real estate nor other expenses o f banking h o u se... $3,372 00 234 90 1,400 00 470 84 ----------------Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. $5,477 74 52,986 10 $332,023 61 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... Number of accounts opened or reopened during the year........... Number of accounts closed during the year................................... Amount deposited during the year, not including dividends credited for that period..................................................................... Amount withdrawn during the year................................................. Amount of dividends credited and paid for the year, viz.: July 1, 1915 ............................................................................. January 1, 1916 ..................................................................... $230,981 43 231,847 04 $9,704 92 9,796 04 Average amount of each account January 1, 1916........................ Rate per cent, of dividends to depositors during the six months ending June 30, 1915........................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 2,356 521 441 19,500 96 231 17 4 4 $27,770 92 5,477 74 19,500 96 2,792 22 138 R eport on S avin gs B an k s 50. T H E K IN G S C O U N T Y S A V IN G S IN S T IT U T IO N , B R O O K L Y N [135 Broadway, corner Bedford av en u e; incorporated 1860] HUBERT G. TAYLOR, President. JOHN S. M cKEON, Secretary. A LFR E D HODGES, Vice-President. JACOB HENTZ, Cashier. J. CARLISLE LOUDON, Vice-Pres. TRUSTEES ROBERT L IPTR O TT, EDW ARD M cGARVEY, HU BERT G. TAYLOR. JACOB C. KLINCK, A LFR E D HODGES, AUGUSTUS P. DAY, W ALTE R M ATHISON, W ILLIA M C. CARRICK, J. CARLISLE LOUDON. CORNELIUS E. DONNELLON, W. WTINTHROP TAYLOR, S. A. COYKENDALL. JAS. R. BRENNAN, FINANCIAL RESOURCES Bonds and mortgages................................................................................ $6,302 ,35 0 00 Stock and bond investments, viz.: . Par S tocks and bonds value $25,000 00 State ot' California ............... S t a t e o f M aryland................... 25,000 00 S t a t e o f O k la h o m a ............... 25,000 00 Cities in other S t a t e s 1,339 000 00 Cities in this State. 1,794,500 00 Counties in this State............ 63,533 47 V illages in this State............ 153,000 00 S c h o o l d i s t r i c t s in t h i s S t a t e 93,500 00 R a i lr o a d m o r t g a g e b o n d s . .. 2,986,700 00 $6,505,233 47 Original Estimated cost market value $23,500 00 $23,500 00 24,750 00 24,75000 25,385 25 25,25000 1,393,998 53 1,354,130 00 1,852,074 62 1,711,245 00 68,982 62 62,89814 159,671 47 158,53000 95,091 62 93,115 00 3,232,409 16 2,889,190 73 $6,875,863 27 $6,342,608 87 — — ■ ==— — $6 ,342,608 87 Banking house and lot, book value, $70,000; cost, $142,637; actual cash value.................................................................................. 70,000 00 Other real estate, book value, $187,517.35; cost, $184,585.16; actual cash value.................................................................................. 184,585 16 Cash on deposit in banks or trust companies................................. 1,003,267 20 Cash on hand............................................................................................... 30,852 75 Total of collectible interest..................................................................... 111,918 40 Amount of all other assets, viz.: Insurance advanced................ 45 00 $14,045,627 38 L IA B IL IT IE S : -------------------= Amount due depositors, viz.: Principal ................................................................................. $12,826,797 52 Dividends credited or to be credited fo r the six months ending with December 31, 1915...................... 248,012 60 ------------------$13,074,810 12 Surplus on market value......................................................................... 970,817 26 Surplus on par value, $1,133,441.86. $14,045,627 38 ----- CASH TRANSACTIONS DURING THE YEAR 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................ From depositors, not including dividends credited...................... From interest on loans, deposits and investments....................... From rents from other real estate..................................................... From mortgages ....................................................................................... From redemption of stocks and bonds.............................................. From all other sources, viz.: Judgments ..................................... Insurance rebate ................................................................. F ire loss ................................................................................ $948,440 2 ,1 67,0 47 631,386 10,704 205,950 207,500 99 44 41 00 00 00 $1,111 50 1 14 540 00 -------------------------------------- 1,652 64 $4,172,681 48 139 K ings C o u n ty PAYM EN TS To depositors, including dividends paid to them........................... $2 ,623 ,82 6 For loans on bonds and mortgages..................................................... 134,650 For stocks and bonds purchased, including premiums, commis sions, etc. (total parvalue,$290,000)............................................... 282,539 For interest (other thandividendpayments to depositors) . . . . 3,954 For current expenses of the bank, viz.: For salaries .......................................................................... For ta x es: Banking house, $982.32; surplus, $7,102.70 . For expenses, except taxes, o f banking h o u s e : Repairs .............................................................................. Insurance .......................................................................... Other ................................................................................. F or expenses o f other real estate, v i z .: Repairs .............................................................................. Insurance .......................................................................... Taxes ................................................................................. Other ................................................................................. 48 61 $37,190 00 8,085 02 296 70 507 02 3,405 52 7,632 298 3,670 2,165 61 89 34 57 -----------------For real estate acquired by foreclosure, or in settlement of debts due the bank.............................................................................. Other payments, viz.: Insurance advanced ............................................................ Foreclosure expenses .................................................... . . . . 59 00 63,251 67 27,000 00 $75 00 3,264 18 -------------------------------------- 3,339 18 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. 1,034,119 95 $4,172,681 48 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... 14,208 Number of accounts opened or reopened during the year........... 1,288 Number of accounts closed during the year...................................... 1,392 Amount deposited during the year, not including dividends credited for that period..................................................................... $2 ,167,047 44 Amount withdrawn during the year................................................... 2,6 23,8 26 59 Amount of dividends credited and paid for the year, viz.: July 1, 1915 ........................................................................... January 1, 1916 ..................................................................... $246,705 72 248,012 60 Average amount of each account January 1, 1916......................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915........................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................... Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915............................... Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 494.718 32 920 24 4 4 $617,969 45 63,251 67 494.718 32 59,999 46 140 R eport on S avin gs B a n k s 51. P R U D E N T IA L S A V IN G S B A N K , B R O O K LY N [B roadw ay and Vernon av en u e; incorporated 1908] D IE T R IC H W. K A A TZE , President. H E R B E R T A. O’B RIEN , Treasurer. JOHN AUER, S r ., Vice-President. H OLLIS II. SEARLES, Cashier. JOHN H. SCANNELL, Vice-President. LOUIS P. BUCK, Assistant Cashier. TRUSTEES D IE TR IC H W. K A ATZE, JOHN AUER, Sr ., JOHN II. SCHANNELL, H E RBERT A. O’ BRIEN, FRANCIS B. MULLIN, HOLLIS H. SEARLES, LOUIS P. BUCK, CHARLES W ISSMAN, B. P. VAN BENTHUYSEN. A LFR E D E. PECK, M ANASSEH M ILLER, AUGUST HASENFLUG, CHAS. VOLLM ER, ROBERT W. M ARTIN, WM, J. E L LIO TT, JOS. VOLLKOMM ER, WM. H. FRANK, THOS. H. IRELAND, GEORGE P. BUSCH, L E W IS C. GEHRING. FIN AN CIAL RESOURCES Bonds and mortgages............................................... Stock and bond investments, viz.: Par value $10,800 00 120,500 00 50,111 32 103,600 00 221,969 03 109,000 00 S tocks and bonds State o f Oklahoma ............... Cities in other States............ Cities in this State............... Tow ns in this State.............. Villages in this S tate............ R ailroad mortgage bonds___ $615,980 35 $1 ,482,675 00 Original Estimated cost market value $10,883 41 $10,908 00 125,831 53 124,034 00 50,181 75 50,543 79 108,754 09 107,617 50 225,676 33 226,068 37 103,991 69 103,870 00 $625,710 84 $622,649 62 622,649 62 Other real estate, book value, $31,331.42; cost, $31,331.42; actual cash value.................................................................................... Cash on deposit in banks or trust companies................................. Cash on hand....................................................................... ........................ Total of collectible interest..................................................................... Amount of all other assets, viz.: New York State barge canal judgment ................................................................................................... 31,331 42 217,402 68 31,009 71 19,609 82 4,8 64 92 $2 ,409 ,54 3 17 L IA B IL IT IE S - ■■■ - Amount due depositors, viz.: Principal ................................................................................. $2,306,773 80 Dividends credited or to be credited fo r the six months ending with December 31, 1915...................... 41,485 09 ------------------ $2,348,258 89 Surplus on market v a lu e ........................................................................ 61,284 28 $2 ,409,543 17 —= Surplus on par value, $54,615.01. CASH TRANSACTIONS DURING THE YEA R 1915 R E CEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................ From depositors, not including dividends credited...................... From interest on loans, deposits and investments........................ From rents from other real estate...................................................... From mortgages ........................................................................................ From redemption of stocks and bonds................................................ From stocks and bonds sold (total par value, $31,50 0)............ From all other sources, viz.: From interest credited but not received...................... Insurance repaid ................................................................... Received on foreclosed p roperty................................... Exchange on checks and telephone................................ $20 60 189 11 $206,097 987,986 114,703 1,074 4 4 ’,375 35,579 32,307 76 99 16 50 00 13 89 00 46 21 75 -------------------------------------- 28142 $1 ,422 ,40 5 85 K ings C o u n ty 141 PAYM EN TS To depositors, including dividends paid to them........................... For loans on bonds and mortgages..................................................... For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $145,533).......................................... For interest (other than dividend payments to depositors) . . . . For current expenses of the bank, viz.: For salaries ........................................................................... F or taxes : Surplus,$407.38........................... For expenses, except taxes, o f banking h o u s e : Repairs ........................................................................... I n s u r a n c e .......................... O t h e r .................................................................................. For rent o f banking room s................................................... F or expenses of other real estate, viz. : Repairs .............................................................. Insurance .......................................................................... O t h e r .................................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking h ou se.. $825,944 11 142,800 00 145,468 84 1,474 68 $5,456 88 407 38 5 66 460 7,200 62 77 75 00 541 88 84 19 144 62 873 62 15,241 71 For real estate acquired by foreclosure, or in settlement of debts due the bank................................. .............................................. Other payments, viz.: Paid on organization account and interest............... Paid on advanced insurance...................... ...................... New York State barge canal judgm ents purchased.. 31,331 42 $6,815 03 52 75 4,864 92 11,732 70 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. 248,412 39 $1 ,422,405 S5 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... Number of accounts opened or reopened during the year........... Number of accounts closed during the year.................................... Amount deposited during the year, not including dividends credited for that period.............................................................. .. Amount withdrawn during the year............................................ .. Amount of dividends credited and paid for the year, viz.: July 1, 1915 ............................................................................. January 1, 1916 ..................................................................... $987,986 99 825,944 11 $38,754 56 41,485 09 Average amount of each account January 1, 1916......... ............... Rate per cent, of dividends to depositors during the six months ending June 30, 1915........................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915..................................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors ................................................................................ 6,787 1,515 916 80.239 65 345 99 4 4 $114,880 81 15,241 71 5 0 .239 65 19,399 45 R eport on S avin gs B a n k s 142 52. T H E S O U T H B R O O K L Y N S A V IN G S IN S T IT U T IO N , B R O O K L Y N [160-162 A tlantic aven ue; incorporated 1850] W ILLIA M J. COOMBS, President. C. S. DUNNING, Treasurer. JOSEPH E. BROWN, Vice-President. JACOB STEINER, Comptroller. W ALTE R M. AIRM AN , Vice-President. BERN ARD A. BURGER, Secretary. ALBRO J. NEWTON, Vice-President. TRUSTEES W A LTE R M. AIRM AN , CHARLES A. BOODY, JOSEPH E. BROWN. W ILLIAM J. COOMBS, ISAAC H. CARY, CHARLES B. DENNY, CLARENCE S. DUNNING, J. W ARREN GREEN, J. MORTON HALSTEAD, AR TH U R M. HATCH, PERCY S. M ALLETT. EDGAR MCDONALD, ALBRO J. NEWTON, W ILLIA M L. NEWTON, JOHN J. PIERREPON T, RORT. L. PIERREPON T, JACOB STEINER, JOSEPH II. SUTPHIN, HENRY N. W H ITNEY, W ILLIA M H. CARY, I). IRVING MEAD, ARNOLD W. SHERMAN. BERNARD A. BURGER, JOSIAH O. LOW, HIRAM R. STEELE, JOSEPH W. GREENE, J r . FINANCIAL RESOURCES Bonds and mortgages................................................................................ $11,903,050 00 Stock and bond investments, viz.: Stocks and bonds State o f New Y ork................. State o f Missouri .................. State o f Maryland ............... State o f Tennessee ............... Cities in other States............ Cities in this State............... Counties in this State.......... Towns in this State............... Villages in this State............ R ailroad mortgage bonds . .. Par value $400,000 00 110,000 00 200,000 00 200,000 00 2,053,920 00 4,015,450 00 222,000 00 22,000 00 125,000 00 4,391,500 00 Original Estimated cost market value $415,562 50 $415,000 OO 107,346 i>2 108,690 00 199,050 OO 200,000 00 199,625 76 200,300 00 2,133,589 49 2,061,508 20 4,159,542 29 3,978,765 00 233,379 55 220,085 00 23,155 00 21,790 00 129,363 80 126,490 00 4,658,507 30 3,960,540 OO $11,769,870 00 $12,259,121 80 $11,293,168 20 — 11,293,168 20 = = = = = — = — — .....■- — Banking house and lot, book value, $75,000; cost, $198,000; actual cash value.................................................................................... 75,000 00 Other real estate, book value, $240,750; cost, $257,468.52; actual cash value.................................................................................. 240,750 00 Cash on deposit in banksor trust companies................................... 2 ,6 4 7 ,8 0 4 19 Cash on hand............................................................................................... 81,861 30 Total of collectible interest..................................................................... 301,379 65 $26,543,013 34 L IA B IL IT IE S Amount due depositors, viz.: P rincipal ................................................................................. $23,094,555 68 Dividends credited or to be credited fo r the six months ending with December 31, 1915 ........................ 440,291 61 ------------------$23,534,847 29 Surplus on market value......................................................................... 3,008,166 05 Surplus on par value, $3,484,867.85. $26,543,013 34 ===== == CASH TRANSACTIONS DURING THE YEAR 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... $2,720,685 27 From depositors, not including dividends credited...................... 4,6 79,791 81 From interest on loans, deposits and investments........................ 1,159,8 23 61 From rents from banking house.......................................................... 954 00 From rents from other real estate..................................................... 13,259 51 From mortgages ......................................................................................... 760,050 00 From redemption of stocks and bonds............................................... 810,450 00 From real estate sold................................................................................ 1,000 00 K ings C o u n ty 143 From all other sources, v iz.: T eller’s cash over ................................................................ Received from m ortgagors, account unpaid taxes___ Rent received from receiver during foreclosure......... $10 00 406 98 127 83 ------------------ $544 81 $10,146,559 01 PAYM EN TS To depositors, including dividends paid tothem............................. $5,054,125 36 For loans on bonds and mortgages..................................................... 339,350 00 For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $1,861,100)........................................ 1,871,9 44 38 For interest (other than dividend payments todepositors) . » . . 11,539 68 For current expenses of the bank, viz.: For salaries ........................................................................... For ta x e s : Banking house, $1,450.79 ; surplus, $24,404.35 ............................................................................. For expenses, except taxes, o f banking h o u s e : R e p a ir s .............................................................................. O t h e r .................................................................................. F or expenses o f other real estate, v i z .: Repairs .............................................................................. Insurance ......................................................................... Taxes ................................................................................. Other ................................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking h ou se... $56,500 00 25, 855 14 508 29 3,550 48 5,098 325 4,105 1,787 76 42 00 25 .10,288 93 108,019 27 For real estate acquired by foreclosure, or in settlement of debts due the bank................................................................................ Other payments, viz.: Incom e tax fo r em ployees............................................ For mortgagors on unpaid taxes....................................... Teller’s cash short .............................................................. 30,978 28 $181 67 734 88 20 00 93-6 55 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. 2,729,6 65 49 $10,146,559 01 STATISTICAL INFORMATION Number of open accounts January 1, 1916........................................ 36,096 Number of accounts opened or reopened during the year........... 5,726 Number of accounts closed during the year...................................... 5,151 Amount deposited during the year, not including dividends credited for that period....................................................................... $4,679,791 81 Amount withdrawn during the year................................................... 5,054,1 25 36 Amount of dividends credited and paid for the year, viz.: July 1, 1915 ............................................................... ............ January 1, 1916 .................................................................... $435,922 45 440,291 61 876.214 06 Average amount of each account January 1, 1916......................... 652 00 Rate per cent, of dividends to depositors during the six months 4 ending June 30, 1915........................................................................... Rate per cent, of dividends to depositors during the six months 4 ending December 31, 1915................................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts........................... $1,158,426 30 139,701 36 Total expenses of the bank for the year 1915................................. 876.214 06 Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends 142,510 88 paid to depositors.................................................................................. R eport on S avings B a n k s 144 53. SUM NER S A V IN G S B AN K , BROOKLYN [12 Graham avenue; incorporated 1906] AR TH U R S. SOMERS, President. NATHAN S. JONAS, Vice-President. GEORGE FR EIFE LD , Vice-President. W ALLACE L. CONNER, Secretary. TRUSTEES GEORGE FR EIFE LD , NATHAN S. JONAS, RALPH JONAS, E DW ARD LAZANSKY, BEN LEVY, CHAS. LYON, M ATTHEW T. MEAGHER, S. B. KRAUS, HENRY NEWMAN. HENRY ROTH, A RTH U R S. SOMERS, VICTOR B. W OLF, MOSES BERNSTEIN, FIN AN CIAL RESOURCES Bonds and mortgages.............................................. Stock and bond investments, viz.: Par value $5,000 00 98,000 00 205,000 00 S tocks and bonds State o f New Y ork............... Cities in this State............. Railroad mortgage bonds .. $308,000 00 $456,450 00 Original Estimated cost market value $5,050 00 $5,100 00 95,186 87 94,510 00 179,100 00 186,720 00 $286,956 87 $278,710 00 278,710 71,814 13,579 6,376 Cash on deposit in banks or trust companies............................... Cash on hand............................................................................................... Total of collectible interest..................................................................... Amount of all other assets, v iz.: New York State barge canal judgments ............................................................................................... 00 67 27 34 8,435 40 $835,365 68 L IA B IL IT IE S Amount due depositors, viz.: P rincipal ................................................................................. Dividends credited or to be credited fo r the six months ending with December 31, 1915.................. . $801,904 31 14,401 77 -----------------Surplus on market value....................................................................... $816,306 08 19,059 60 $835,365 68 Surplus on par value, $48,349.60. CASH TRANSACTIONS DURING THE YEA R 1915 R E CEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................. From depositors, not including dividends credited....................... From interest on loans, deposits and investments........................ From rents from banking house............................................................ From m ortgages......................................................................................... $89,528 358,068 36,519 1,020 3,625 81 59 18 00 00 $488,761 58 PAYM ENTS To depositors, including dividends paid to them........................... For loans on bonds and mortgages..................................................... For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $64,90 0)............................................ For interest (other than dividend payments to depositors) . . . . $307,139 12 23,250 00 58,397 90 749 50 145 K ings C o u n ty For current expenses of the bank, viz.: F or salaries ........................................... For expenses, except taxes, o f banking h o u s e : R e p a ir s ................. Insurance .......................................................................... For rent o f banking room s................................................ For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. $3,880 00 389 14 15 23 2,500 00 1,948 75 Other payments, viz.: New York State barge canal judg ments Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. $8,731 12 5 ,1 00 00 85,393 94 $4SS,761 58 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... Number of accounts opened or reopened during the year......... Number of accounts closed during the year.................................... Amount deposited during the year, - not including dividends credited for that period....................................................................... Amount withdrawn during the year................................................... Amount of dividends credited and paid for the year, viz.: July 1, 1915 ............................................................................. January 1, 1916 ..................................................................... $358,068 59 307,139 12 $13,667 27 14,401 77 Average amount of each account January 1, 1916........................ Number of accounts which exceeded $3,000, exclusive of div idends credited, at the last trial balance of depositors’ ledgers, except deposits arising from society accounts, or judicial sales, or trust funds, or by order of a court of record or of a surragate..................................................................... Total amount of such accounts............................................................ Rate per cent, of dividends to depositors during the six months ending June 30, 1915........................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915............................... Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 2,752 835 585 28,069 04 296 62 1 $3,189 24 4 4 $38,591 88 8,731 12 28,069 04 1,791 72 R eport on S ayin g s B a n k s 146 54. T H E W IL L IA M S B U R G H S A V IN G S B A N K , B R O O K L Y N [175 B ro a d w a y ; incorporated 1851] ANDREW D. BAIRD, President. EDW ARD T. IIORW ILL, Secretary. SAMUEL M. M EEKER, Vice-Pres. CHARLES J. PAS FIELD, Cashier. JOHN V. JEW ELL, Vice-President. HENRY It. KINSEY, A sst. Comptroller. VICTOR A. LERSNEIt, Comptroller. TRUSTEES BRAIN ARD G. LATIM ER, ANDREW’ I). BAIRD, SAMUEL M. MEEKER, .TAMES H. POST, JAS. F. BENDERNAGEL, EDW’ ARD T. HORW ILL, A LFR E D ROMER, W ELDING RING, H E RBERT F. GUNNISON, JOHN V. JEW’ ELL, FRAN CIS W’ . YOUNG. PAU L E. BONNER, EDW ARD E. PEARCE, A LBE R T S. RICHEY, R ALPH H. TIEBOUT, WHNTHROP M. TUTTLE, FINANCIAL RESOURCES Bonds and mortgages................................................................................$42,902,550 00 Stock and bond investments, viz.,: S to c k s and bon ds State o f New York ............ State o f Massachusetts ....... State o f Tennessee .............. State o f Utah ....................... State o f Arizona .................. State o f New M exico .......... State o f Oklahoma .............. Cities in other S tates........... Cities in this State............... Counties in this S tate.......... Towns in this State............... Villages in this State............ School districts in this State Railroad mortgage bonds . . . Par Original Estimated value cost market value $1,640,000 00 $1,693,841 41 $1,643,70000 429,000 00 450,303 46 403,26000 200,000 00 204,883 10 208,000 00 100,000 00 103,750 00 103,00000 100,000 00 101,089 00 104,000 00 219,000 00 226,759 79 231,57000 46,200 00 46,835 99 46,66200 12,843,500 00 13,448,218 92 12,955,54100 16,470,301 36 18,121,289 42 16,606,05709 403,600 00 416,121 75 411,79100 281,000 00 290,682 85 286,68000 351,000 00 369,164 29 360,21000 87,500 00 91,116 15 89,25000 2,651,000 00 3,045,929 33 2,674,060 00 $35,822,101 36 $38,609,985 46 $36,123,781 09 36,123,781 09 Banking house and lot, book value, $250,000; cost, $689,000; actual cash value.................................................................................. Other real estate, book value, $32,472.76; cost, $33,312.06; actual cash value.................................................................................... Cash on deposit in banks or trust companies................................. Cash on hand............................................................................................... Total of collectible interest..................................................................... Amount of all other assets, viz.: Insurance premiums advanced........................................ New York State barge canal judgm ents...................... 250,000 00 32,472 4,1 44,9 15 709,203 743,525 76 58 99 33 $1,760 83 4,544 99 6,305 82 $84,912,754 57 L IA B IL IT IE S -------- Amount due depositors, viz.: Principal ................................................................................. $72,939,829 24 Ihvidends credited or to be credited for six months ending with December 31, 1915................................... 1,392,910 47 ------------------ $74,332,739 71 Surplus on market value......................................................................... 10,580,014 86 $84,912,754 57 Surplus on par value, $10,278,335.13. CASH TRANSACTIONS DURING THE YEAR 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... $5,048,611 58 From depositors, not including dividendscredited........................ 15,364,592 49 From interest on loans, deposits andinvestments.......................... 3,7 36,3 87 60 From rents from other real estate...................................................... 2,400 61 From mortgages ........................................................................................ 1,2 92,475 00 K ings C o u n ty From From From From 147 redemption of stocks and bonds................................. stocks and bonds sold (total par value $777,500) real estate sold................................................................ all other sources, viz.: Insurance premiums advanced, refunded...................... Inspection o f mortgage loan s............................................ Liability insurance and tax search refunded.............. Loss by Are ........................................................................... Excess judgm ent on m ortgage.......................................... $418,809 83 777,487 31 20,933 11 $3,613 3,156 216 72 30 94 00 29 50 11 7,088 84 $26,668,786 37 _________. PAYM EN TS To depositors, including dividends paid to them........................... $15,890,372 For loans on bonds and mortgages..................................................... 4 ,0 9 3 ,4 0 0 For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $1,476,300)........................................ 1,533,296 For interest (other than dividend payments to depositors) . . . . 14,616 For current expenses of the bank, viz.: For salaries ........................................................................... For tax.es: Banking house, $7,401.30; surplus, $81,943.05 ................................................................................ F or expenses, except taxes, o f banking h o u se : Repairs .............................................................................. Other ................................................................................. F or expenses o f other real estate, v i z .: Repairs .............................................................................. Insurance .......................................................................... Taxes ................................................................................. For other expenses, not including expenses o f other real estate nor other expenses of banking h ou se... : 07 00 06 69 $104,038 63 89,344 35 14,593 22 3,632 97 5,623 79 121 63 828 43 42,133 56 260,316 58 For real estate acquired by foreclosure, or in settlement of debts due the bank................................................................................ Other payments, v iz.: New York State barge canal judgm ents purchased.. Insurance premiums advanced ....................................... Cash short ............................................................................... 11,566 60 $4,544 99 6,289 24 264 57 11,098 80 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 4 ,8 54,1 19 57 $26,668,786 37 STATISTICAL INFORMATION Number of open accounts January 1, 1916........................................ 109,648 Number of accounts opened or reopened during the year............. 14,416 Number of accounts closed during the year...................................... 12,701 Amount deposited during the year, not including dividends credited for that period....................................................................... $15,364,592 49 Amount withdrawn during the year................................................... 15,890,372 07 Amount of dividends credited and paid for the year, viz.: July 1, 1915 ............................................................................. $1,370,102 32 January 1, 1916 ..................................................................... 1,392,910 47 2.7 63.0 12 79 Average amount of each account January 1, 1916.................... 677 92 Rate per cent, of dividends to depositors during the six months 4 ending June 30, 1915................................................... ........................ Rate per. cent of dividends to depositors during the six months 4 ending December 31, 1915.................................................................. Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................... $3 ,643 ,33 8 OS 296,145 40 Total expenses of the bank for the year 1915........... ................... ■. 2 .7 63.0 12 79 Dividends paid to depositors for the year 1915............................... Net earnings for the year 1915 over expenses and dividends 584,179 89 paid to depositors................................................................ ................. M AD ISO N C O U N TY 55. O N E ID A S A V IN G S B A N K , O N E ID A [103-105 Main street; incorporated 1866] It. B. DOWNING, President. IR A L. SNELL, Vice-President. E. E. COON, Vice-President. H. L. BALD W IN , Treasurer. TRUSTEES ROSW ELL B. DOWNING, EUGENE E. COON, IR A L. -SNELL, TIIEO. P. HAND, JR., HOLTON V. NOYES, LE GRAND COLTON, E. LELAND HUNT, H. W. COLEY, JOHN Wr. GREGG, GEO. A. M ARCELLUS, ANTHONY B. MUNROE, HOW ARD L. BALDW IN, RHODY TOHER, F R E D E R IC K A. GARVIN. FIN AN CIAL RESOURCES Bonds and mortgages...................... Stock and bond investments, viz.: $ 1 , 9 6 6 ,7 9 9 11 Par value $16,100 00 260,000 00 431,374 53 162,000 00 26,400 00 153,300 00 90,500 00 444,200 00 S to c k s and bon ds State o f Colorado ................. Cities in other States......... Cities in this State................. Counties in this State............ Towns in this State............... Villages in this State............ School districts in this State Railroad m ortgage bonds ... $1,583,874 53 Estimated Original cost market value $14,168 00 $16,100 00 254,110 00 266,093 95 426,649 53 446,037 63 161,650 00 163,675 09 26,214 00 26, 697 90 150,128 00 156,422 45 90,945 00 94,419 12 373,726 00 455,391 25 $1,624,837 39 $1,497,590 53 1,497,5 90 53 Banking house and lot, book value, $28,000; cost, $54,351.60; actual cash value.................................................................................. Other real estate, book value, $2,651; cost, $2,992.33; actual cash v a lu e 28,000 00 2,651 257,420 17,557 61,634 ....................................................................................................................................... Cash on deposit in banks or trust companies................................. Cash on hand............................................................................................... Total of collectible interest................................................................... Amount of all other assets, viz.: Land contracts .................................................................... Advanced insurance premiums and tax es.................... 00 46 68 95 $9,019 00 1,357 54 10,376 54 L IA B IL IT IE S : $3,842,030 27 Amount due depositors, viz.: Principal ...................................................................................$3,498,204 14 Dividends credited or to be credited fo r the six 66,782 13 months ending with December 31, 1915...................... $3 ,564,986 27 Other liabilities, viz.: Suspense and mortgage suspense ac count Surplus on market value......................................................................... 234 00 276,810 00 $3 ,842 ,03 0 27 ■. , ■..— Surplus on par value, $363,094. CASH TRANSACTIONS DURING THE YEA R 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividendscredited....................... From interest on loans, deposits andinvestments......................... From rents from banking house.......................................................... From mortgages ....................................................................................... From redemption of stocks and bonds................................................ [148] $266,905 1,043,987 170,081 746 100,467 52,221 89 01 76 96 51 66 149 M adison C o u n ty From all other sources, viz.: A dvanced insurance premiums and taxes.................... Suspense account ................................................................. M ortgage suspense account ............................................ Land contracts ..................................................................... Profit and loss ...................................................................... $1,282 1,093 2,873 10 5 20 15 34 00 03 $5,263 72 $1 ,639,674 51 PAYM EN TS ■— To depositors, including dividends paid to them........................... For loans on bonds and mortgages............................... ...................... For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $4 ,0 0 0 )............................................... For interest (other than dividend payments to depositors) . . . . For current expenses of the bank, viz.: F or salaries ........................................................................... For taxes : Banking house, $874.95 ; surplus, $2,397.94 ; on mortgages, $70.20 ......................................................... For expenses, except taxes, o f banking h o u s e : R e p a ir s ............... .. ......................................................... Insurance .......................................................................... O t h e r .................................................................................. For expenses of other real estate, v i z .: Taxes ................................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking h o u se ... $962,437 52 375,257 07 4,000 00 561 94 $7,124 00 3,343 09 1,164 60 173 90 924 80 84 58 1,921 26 14,736 23 Other payments, viz.: Advanced insurance premiums and taxes.................... Suspense account ................................................................. M ortgage suspense account ............................................. $2,375 37 1,079 55 4,248 69 7,703 61 Cash on hand and in hanks or trust companies December 31, 1915, after transactions of the day............................................... 274,978 14 $1,639,674 51 STATISTICAL INFORMATION ---------= Number of open accounts January 1, 1916...................................... 9.010 Number of accounts opened or reopened during the year........... 1,187 Number of amounts closed during the year................................... 1.011 Amount deposited during the year, not including dividends credited for that period..................................................................... $1,043,987 01 Amount withdrawn during the year................................................... 962,437 52 Amount of dividends credited and paid for the year, viz.: July 1, 1915 ............................................................................. January 1, 1916 ...................................................................... Credited at other periods.................................................... $64,580 89 66,782 13 719 59 Average amount of each account January 1, 1916........................ Number of accounts which exceeded $3,000, exclusive of div idends credited, at the last trial balance of depositors’ ledgers, except deposits arising from society accounts, or judicial sales, or trust funds, or by order of a court of record or of a surrogate..................................................................... Total amount of such accounts............................................................ Rate per cent, of dividends to depositors during the six months ending June 30, 1915........................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915.............................................................. .. Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................... Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 132,082 61 395 66 1 $3,402 37 4 4 $169,891 55 14,736 23 132,082 61 23,072 71 MONROE COUNTY 56. T H E E A S T S ID E S A V I N G S B A N K OF R O C H E S T E R , R O C H E S T E R [233 Main street, E a s t ; incorporated 18C9] W. HENRY M ATH EW S, President. A L E X . B. LAMBERTON. Vice-Pres. W ILLIA M BAUSCH, Vice-President. AUSTIN C. JACKSON, Treasurer. TRUSTEES CASSIUS C. DAVY, W. HENRY M ATHEW S, W ILLIA M R. PETERS, A L E X . B. LAMBERTON, AUSTIN C. JACKSON, W ILLIA M BAUSCH, FRAN K A. BROW NELL, CHARLES A. GREEN, W ILLIA M H. DUNN. A RTH U R T. HAGEN, V. F. W HITM ORE, JOHN H. ENGERT, CHAS. H. OCUMPAUGII, FO L LE T T L. GREENO, FH ED'K A. SHERWOOD, FIN AN CIAL RESOURCES Bonds and mortgages................................................................................ $8,984,249 00 Stock and bond investments, viz.: S to c k s and bonds United States ......................... D istrict o f Columbia .......... State o f M assachusetts....... State o f W yoming .............. State o f Alabama ............... State o f Maryland ............. Cities in other States.......... Cities in this State............... Railroad mortgage bonds . .. Par value $200,000 00 100,000 00 150,000 00 5,000 00 100,000 00 200,000 00 120,000 00 2,249,962 05 200,000 00 $3,324,962 05 Original Estimated cost market value $238,000 00 $220,000 00 81,171 25 104,00000 158,259 60 136,500 00 6,850 00 5,750 00 106,800 00 100,000 00 198,380 90 198,500 00 118,980 00 115,38000 2,277,408 14 2,232,81996 223,812 50 166,000 00 $3,409,662 39 $3,278,949 96 ..............- - ■ ------------Banking house and lot, book value, $120,000 ; cost, $120,350.81; actual cash value.................................................................................. Other real estate, book value, $24,568.03; cost, $24,568.03; actual cash value.................................................................................... Cash on deposit in banks or trust companies.................................. Cash on hand............................................................................................... Total of collectible interest..................................................................... Amount of all other assets, viz.: Cash intransit........................ 3,278,9 49 90 120,000 00 22,568 1,509,921 54,812 138,005 494 03 74 61 70 76 $14,109,001 80 Amount due depositors, viz.: Principal ............................... Other liabilities, viz.: L IA B IL IT IE S $13,467,382 40 Dividends accrued on deposits to January 1, 1916... Incom e tax withheld .......................................................... Expenses incurred, but unpaid : Taxes accrued ................................................................. Attorneys’ fees ................................................................ S u n d rie s............................................................................ $43,312 50 10 00 14,716 78 549 58 176 69 58,765 55 582,853 85 Surplus on market value $14,109,001 80 Surplus on par value, $628,865.94. CASH TRANSACTIONS DURING THE YEA R 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................ $1 ,294,563 78 From depositors, not including dividends credited........................ 3,775,407 07 From interest on loans, deposits and investments......................... 678,100 92 From rents from banking house............................................................ 1,687 98 From rents from other real estate........................................................ 104 28 From mortgages ......................................................................................... 629,900 00 From redemption of stocks and bonds................................................. 72,660 00 From real estate sold................................................................................ 6,6 00 00 [150] M onkoe C o u n ty 151 From all other sources, viz.: Insurance premiums advanced refunded Refunds ............................................................ Incom e tax withheld .................................. Exchange ......................................................... . $117 50 139 51 10 00 11 42 ---------- $27S 43 $6 ,459 ,30 2 46 PAYM EN TS - ............... To depositors, including dividends paid to them........................... $4,404,037 53 20,600 00 For loans on bonds and mortgages....................................................... For stocks and bonds purchased, including premiums, commis 406,685 89 sions, etc. (total par value, $400,000).......................................... 4,448 60 For interest (other than dividend payments to depositors) . . . . For current expenses of the bank, viz.: F or salaries ......................................................................... F'or tax es: Banking house................................................ F or expenses, except taxes, o f banking h o u se : Repairs ............................................................................. Insurance ......................................................................... Other .................................................................................. F or expenses o f other real estate, v i z .: Repairs .............................................................................. Insurance .......................................................................... Taxes ................................................................................. Other .................................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. $23,220 00 4,889 46 133 14 676 30 6,376 88 11 9 £08 75 67 00 29 75 9,108 17 44,708 66 For real estate acquired by foreclosure, or in settlement of debts due the bank................................................................................ Other payments, viz.: Overdraft charged off ......................................................... Insurance premiums advanced ....................................... 13,466 17 $9 00 117 50 126 50 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. 1,565,229 11 $6,459,302 46 STATISTICAL INFORMATION : Number of open accounts January 1, 1916........................................ 45,353 Number of accounts opened or reopened during the year........... 8,396 Number of accounts closed during the year.................................... 7,358 Amount deposited during the year, not including dividends credited for that period....................................................................... $3,775,407 07 Amount withdrawn during the year................................................... 4,404,0 37 53 Amount of dividends credited and paid for the year, viz.: June 1, 1915 ............................................................................. December 1, 1915 ................................................................... Credited at other periods.................................................... $255,341 05 253,364 84 4,878 06 Average amount of each account January 1, 1916......................... Number of accounts which exceeded $3,000, exclusive of div idends credited, at the last trial balance of depositors’ ledgers, except deposits arising from society accounts, or judicial sales, or trust funds, or by order of a court of record or of a surrogate..................................................................... Total amount of such accounts..................................................... .. Rate per cent, of dividends to depositors during the six months ending June 30, 1915........................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915.......................................... ........................ Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................... Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 513,583 95 296 95 1 $3,099 44 4 4 $674,370 44 52,509 41 513,583 95 108,277 08 152 R eport on S ayin g s B a n k s 57. M E C H A N IC S S A V IN G S BANK OF R O C H E S T E R , R O C H E S T E R [18 Exchange stre e t; incorporated 1867] J. J. BAUSCH, President. W ILM OT CASTLE, Treasurer. W ILLIA M R. SEW ARD, Vice-President. FEDOR W ILLIM EK , Asst. Secretary. W IL L IA M B. HALE, Vice-President. TRUSTEES JOHN J. BAUSCH, A. P. LITTLE , W ILLIA M R. SEWARD, LOUIS J. ERNST, JAMES II. BOUCHER, W EN D E LL J. CURTIS, W ILLIA M KARLE, W IL L IA M B. HALE, W ILM OT CASTLE, JOHN S. BRONIv, CHAS. C. BEAHAN, MORRIS D. KNAPP, GEORGE W. ROBESON, JAM ES C. CLEMENTS, FINANCIAL RESOURCES Bonds —~ and mortgages.................................. Stock and bond investments, viz.: S to c k s and honds State o f Massachusetts . Cities in other States....... Cities in this State............ Counties in this State___ Towns in this State.......... Villages in this State___ School districts in this State Railroad mortgage bonds Par value $15,000 00 180,000 00 603,247 95 35,000 00 6,000 00 64,000 00 72,425 00 505,000 00 $1,480,672 95 $3,216,475 00 Original Estimated cost market value $12,796 50 $12,600 00 176,970 00 182,168 91 604,481 48 572,657 95 36,954 86 36,350 00 6,076 50 6,040 00 65,830 50 65,590 00 74,774 25 75,425 52 410,510 00 505,961 15 $1,489,695 42 $1,355,492 20 1,355,492 20 Banking actual Cash on Cash on Total of Amount house and lot, book value, $50,000; cost, $65,129.12; cash value. deposit in banks or trust companies hand............................................................ collectible interest........... of all other assets, viz.: Land contract ........................................................................ Taxes advanced .................................................................... 50,000 00 271,154 79 21,110 59 47,474 57 $2,350 00 3,284 76 ------------------ 5,634 76 $4,967,341 91 L IA B IL IT IE S Amount due depositors, viz.: Principal .................................................................................. $4,581,665 25 Dividends credited or to be credited fo r the six months ending with December 31, 1915 ...................... 91,383 02 ------------------ $4 ,673 ,04 8 27 Other liabilities, viz.: Dividends accrued on deposits to January 1, 1916___ Expenses incurred, but unpaid : Surplus tax accrued ..................................................... $15,230 50 1,206 10 -------------------------------------- 16,436 60 Surplus on market value......................................................................... 277,857 04 $4,967,341 91 Surplus on par value, $403,037.79. CASH TRANSACTIONS DURING THE YEA R 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividends credited..................... From interest on loans, deposits and investments......................... From rents from banking house.......................................................... $250,120 670,427 229,438 1,036 52 71 16 00 153 M onroe C o u n ty From m ortgages......................................................................................... From redemption of stocks and bonds............................................... From all other sources, viz.: Taxes advanced refunded........... $106,600 00 12,307 65 5,155 28 $1,275 ,08 5 32 PAYM ENTS To depositors, including dividends paid to them For loans on bonds and mortgages........................... For current expenses of the bank, viz.: For salaries .......................................................................... F or ta x e s: Banking house, $980.99 ; surplus, $2,412.19. F or expenses, except taxes, o f banking h o u s e : Repairs ............................................................................. I n s u r a n c e .......................... F or other expenses, not including expenses o f other real estate nor other expenses o f banking hou se... $939,265 05 13,450 00 $15,100 00 3,393 18 94 97 212 50 4,405 96 23,206 61 Other payments, viz.: Taxes advanced .................................................................... Cash differences ........................... ....................................... $6,893 28 5 00 6,898 28 Cash on hand and in banks or trust companies December 31,■ 1915, after transactions of the day................................................. 292,265 38 $1 ,275,085 32 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... Number of accounts opened or reopened during the year........... Number of accounts closed during the year...................................... Amount deposited during the year, not including dividends credited for that period....................................................................... Amount withdrawn during the year................................................... Amount of dividends credited and paid for the year, viz.: June 1, 1915 ........................................................................... $92,248 36 D e c e m b e r 1, 1915 ......................................................................................... 91,055 95 Credited at other p eriods.................................................. 721 77 Average amount of each account January 1, 1916........................ Rate per cent, of dividends to depositors during the six months ending June 30, 1915........................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915.................................................................. Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 8,142 1,316 710 $670,427 71 939,265 05 184.026 08 573 94 4 4 $228,678 6S 23.219 28 184.026 08 21,433 32 R eport on S avin g s B a n k s 154 5 8 . M O N R O E C O U N T Y S A V IN G S B A N K , R O C H E ST ER [33-35 State stre e t; incorporated 1850] JAM ES E. BOOTH, President. A L E X . M. LINDSAY, Vice-Pres. RUFUS K. DRYER, Vice-President. D A V ID HOYT, Secretary. TRUSTEES JAMES E. RUFUS K. A L E X . M. CYRUS F. HENRY A. BOOTH, DRYER, LINDSAY, PAINE. STRONG, THOMAS W ILLIA M PH A R . V. EDW ARD W IL L IA M J. DEVINE, B. LEE, CRITTENDEN, BAUSCH, CARSON, W IL L IA M C. BARRY, D AVID HOYT, M ARTIN F. B RISTOL, JOSEPH M ICHAELS, WM. A. HUBBARD, JR. FINANCIAL RESOURCES Bonds and mortgages................................................................................$17,063,355 23 Stock and bond investments, viz.: P ar S to c k s and bon ds value United States ......................... $50,000 00 State o f New Y ork................... 500,000 00 State o f Massachusetts ....... 350,000 00 Cities in other States............ 3,006,000 00 Cities in this S tate............... 1,426,000 00 380,000 00 Counties in this State............ Towns in this State............... 57,000 00 112,900 00 Villages in this State............ Railroad mortgage bonds . .. 2,707,000 00 $8,588,900 00 Original cost $68,750 502,625 372,250 3,139,222 1,488,837 383,307 58,870 115,271 2,928,272 00 00 00 18 57 50 00 23 50 Estimated market value $55,000 00 508,000 00 323,000 00 2,934,560 00 1,384,330 00 381,400 00 57,570 00 112,893 00 2,293,410 00 $9,057,405 98 $8,050,163 00 8,0 5 0 ,1 6 3 00 Banking house and lot, book value, $75,000; cost, $75,000; actual cash value.................................................................................... Other real estate, book value, $3,327.21; cost, $3,327.21; actual cash value.................................................................................. Cash on deposit in banks or trust companies................................. Cash on hand................................................................................................ Total of collectible interest..................................................................... Amount of all other assets, viz.: Insurance premiums advanced ................................... New York State barge canal judgm ents...................... 75,000 00 2,400 917,965 256,044 484,438 00 73 02 53 $1,005 58 6,600 00 7,605 58 $26,856,972 09 L IA B IL IT IE S — ------------ - — Amount due depositors, viz.: Principal ................................................................................. $24,475,302 67 Dividends credited or to be credited fo r the six months ending with December 31, 1915...................... 485,677 14 ------------------ 24 ,960,979 81 Other liabilities, viz.: Dividends accrued on deposits to January 1, 1916___ Expenses incurred, but unpaid : City, county and State taxes...................................... Mortgages consummated unpaid................................. $80,600 00 9,500 00 16,087 65 -----------------Surplus on market value......................................................................... Surplus on par value, $2,328,541.63. 106,187 65 1,789,8 04 63 $26,856,972 09 . CASH TRANSACTIONS DURING THE YEAR 1915 R E CEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividends credited......................... From interest on loans,deposits and investments.......................... From rents from banking house.......................................................... From rents from other real estate.............................................\ . . . From m ortgages......................................................................................... From redemption of stocks and bonds............................................... From real estate sold............................................................................... $942,427 4 ,7 2 8 ,3 1 4 1,223,557 199 52 632,564 340,100 5 ,4 44 35 58 97 92 73 77 00 33 155 M onroe C o u n ty From all other sources, viz.: Profit, real estate sold ......................................................... Rebate insurance ................................................................. Mortgages consummated unpaid ..................................... $109 02 5 20 7,788 35 $7,902 57 $7,880 ,56 4 22 PAYM ENTS To depositors, including dividends paid to them........................... $5 ,714,743 55 For loans on bonds and mortgages..................................................... 554,750 00 For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $330,000).................................... 340,037 30 For interest (other than dividend payments to depositors) . . . 2,2 14 88 For current expenses of the bank, viz.: For salaries ........................................................................... F or ta x e s : Bunking house, $3,925.72 ; surplus, $15,488.17 ................................................................................ F or expenses, except taxes, o f banking h o u s e : Repairs .............................................................................. Insurance ......................................................................... Other .................................................................................. For expenses o f other real estate, v i z .: Repairs .............................................................................. Insurance .......................................................................... Taxes ................................................................................. Other .................................................................................. F or other expenses, not including expenses o f other real estate nor other expenses o f banking house.. $41,649 92 19,413 89 778 85 625 28 13,294 10 77 1 34 98 29 75 32 75 3,993 18 79,967 33 For real estate acquired by foreclosure, or in settlement of debts due the bank................................................................................ Other payments, viz.: M ortgages consummated paid .......................................... Short cash .............................................................................. Insurance advanced ............................................................ Loss, real estate sold .......................................................... New York State barge canal judgm ents purchased— 5,7 80 56 $1,241 87 160 05 1,005 58 53 35 6,600 00 9,060 85 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. 1,174,0 09 75 $7,880,564 22 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... 38,839 Number of accounts opened or reopened during the year........... 4,313 Number of accounts closed during the year...................................... 4,839 Amount deposited during the year, not including dividends credited for that period..................................................................... $4 ,728,314 58 Amount withdrawn during the year................................................. 5 ,7 14,7 43 55 Amount of dividends credited and paid for the year, viz.: June 1, 1915 ........................................................................... December 1, 1915 ............................................. ..................... Credited at other periods.................................................. $480,116 80 480,913 60 11,367 94 972.398 Average amount of each account January 1, 1916........................ 642 Rate per cent, of dividends to depositors during the six months ending June 30, 1915.............................................................. .. Rate per cent, of dividends to depositors during the six months ending December 31, 1915.............................................................. .. Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discount............................. $ 1 ,202 ,93 4 Total expenses of the bank for the year 1915............................... 80,180 Dividends paid to depositors for the year 1915............................. 972.398 Net earnings for the year 1915 over expenses and dividends paid to depositors................................................................................ 150,355 34 00 4 4 32 73 34 25 R eport on S avin gs B a n k s 156 59. ROCHESTER SAVINGS BANK, ROCHESTER [47 Main street, W e s t ; incorporated 1831] HAROLD P. BREW STER, President. JOSIAH ANSTICE, Vice-President. GRANGER A. HOLLISTER, Vice-Pres. HENRY S. HANFORD, Treasurer. JAM ES S. WATSON, Vice-President. CHARLES F. TURTON, Secretary. TRUSTEES GRANGER A. H OLLISTER, JAM ES S. WATSON, HIRAM W. SIBLEY, ERICKSON PERKINS, JOSIAH ANSTICE, THOS. W. FINUCANE, HAROLD P. BREW STER, GEORGE EASTM AN, JAMES C. CUTLER, W ILLIA M S. MORSE, J. CRAIG POWERS, WM. A. E. DRESCIIER, EDW ARD HARRIS, DANIEL M. BEACH. HENRY S. HANFORD. FIN AN CIAL RESOURCES Bonds and mortgages ..............................................................................$15,728,771 28 Stock and bond investments, viz.: Par value $100, 000 00 State of New Y ork............. .. State o f Massachusetts ... 150,000 00 Cities in other States....... .. 1,617,000 00 Cities in this State............. .. 2,264, 000 00 Counties in this State....... 554,000 00 22,000 00 Towns in this S tate.......... Villages in this S tate........ 133,900 00 School districts in this State 75,915 76 Railroad mortgage bonds . .. 5,464,000 00 S to c k s and bon ds Original Estimated cost market value $102,000 00 $101,750 00 163,312 50 139,500 00 1,677,830 31 1,585,420 00 2,340,522 60 2,179,280 00 576,412 09 540,820 CO 22,000 00 22,000 00 132,239 00 134,856 10 75,951 00 76,997 33 5,729,559 00 4,835,330 00 $10,380,815 76 $10,823,239 93 $9,612,540 00 - ■ ----Banking house and lot, book value, $200,000 ; cost, $449,690.46; actual cash value ................................................................................ Cash on deposit in banksor trust companies................................. Cash on hand ............................................................................................ Total of collectible interest ................................................................. Amount of all other assets, viz.: " Land contracts ..................................................................... Taxes and insurance advanced.......................................... 9,6 12,5 40 00 200,000 975,416 410,594 311,615 00 24 34 07 $29,711 85 208 40 -------------------------------------- 29,918 25 $27,268,855 18 L IA B IL IT IE S Amount due depositors, viz.: Principal......... ...................................$24,889,268 96 Other liabilities, viz.: Dividends accrued on deposits to January 1, 1910___ Reserved lo r taxes............................................................... $80,606 67 11,500 00 -----------------Surplus on market value....................................................................... 92,166 67 2,2 8 7 ,4 1 9 55 $27,268,855 18 Surplus on par value, $3,055,695.31. CASH TRANSACTIONS DURING THE YEA R 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................ $1,624,573 38 From depositors, not including dividends credited...................... 5,764,013 30 From interest on loans, deposits andinvestments.......................... 1,164,300 20 From rents from banking house.......................................................... 9,234 09 From mortgages ......................................................................................... 708,106 75 From redemption of stocks and bonds............................................... 66,418 42 From stocks and bonds sold (total par value,$216,000)............. 200,987 50 From real estate sold................................................................................ 3,000 00 157 M onroe C o u n ty From all other sources, viz.: Land contracts ................................... Insurance held pending rebuilding, Insurance premiums refunded....... Appraisal fees collected .................. Refunded on automobile .................. $1,929 40 1,500 00 568 66 1,200 00 50 00 ----------- $5,248 06 $9,545,881 70 PAYM ENTS To depositors, including dividends paid to them........................ $4,965,887 43 For loans on bonds and mortgages................................................... . 2,3 09,3 09 40 For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $764,700).................................... 753,744 85 For interest (other than dividend payments to depositors) . . . 8,876 51 For current expenses of the bank, viz.: For salaries ......................................................................... F or t a x e s : Banking house, $6,618.09; surplus, $19,497.24 ................................................................................ For expenses, except taxes, o f banking h o u s e : Repairs .............................................................................. Insurance ......................................................................... Other ................................................................................. F or expenses o f other real estate, v i z .: Taxes .................................................................................. Other ................................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. $56,865 54 26,115 33 1,220 76 1,394 52 9,171 63 26 14 28 10 18,238 89 113,060 91 Other payments, viz.: Land contracts ...................................................................... Cash differences and overdrafts....................................... Insurance paid m ortgagor................................................ Insurance premium advances .......................................... $1,000 168 7,075 748 00 36 00 66 8,992 02 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. 1,386,010 58 $9,545,881 70 STATISTICAL INFORMATION Number of open accounts January 1, 1916.................................... 57,407 Number of accounts opened or reopened during the year........... 13,368 Number of accounts closed during the year................................... 8,325 Amount deposited during the year, not including dividends credited for that period....................................................................... $5,764,913 30 Amount withdrawn during the year................................................... 4,965,887 43 Amount of dividends credited and paid for the year, viz.: June 1, 1915 ............................................................................. December 1, 1915 ................................................................... •Credited at other period s.................................................. $448,902 36 465,122 82 7,655 88 921.681 06 Average amount of each account January 1, 1916........................ 433 55 Rate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................ 4 Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................. 4 Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts........................ $1,170,026 34 Total expenses of the bank for the year 1915............................... 120,290 91 Dividends paid to depositors for the year 1915............................. 921.681 06 Net earnings for the year 1915 over expenses and dividends paid to depositors ................................................................................ 128,054 37 M ONTGOM ERY COUNTY 60. AMSTERDAM SAVINGS BANK, AMSTERDAM [11 Division street; incorporated 1886] S. H. FRENCH, President. CHARLES E. FRENCH, Treasurer. JAMES T. SUGDEN, Vice-President. THOMAS M ORPHY, Secretary. SAM UEL W ALLIN, Vice-President. TRUSTEES S. H. FRENCH, BERN ARD MACHOLD. THOMAS MORPHY, THOMAS M ANSFIELD, SEELY CONOVER, W. BARLOW DUNLAP, JOHN KAVANAUGH, JAMES T. SUGDEN, C. VAN BUREN, SAMUEL W ALLIN . CHARLES E. FRENCH, W IL L IA M J. KLINE, NATHAN B. SMITH, ROBERT .T. LINDSEY, W. C. SCHAUFLER. FINANCIAL RESOURCES Bonds and mortgages.............................................................................. $3,425,961 00 Stock and bond investments, viz.: Par value $75,000 00 25,000 00 3,000 00 11,000 00 753,850 00 240,095 56 65,300 00 258,536 71 51,490 00 254,000 00 S to c k s and bon ds State o f New Y ork................. State o f Utah ......................... State o f W'yoming ................. Cities in other States............ Cities in this State............... Counties in this S tate.......... Towns in this State............... Villages in this State............ School districts in this State Railroad mortgage bonds ... $1,737,272 27 Original Estimated cost market value $81,725 00 $82,500 00 24,000 00 25,125 00 3,420 00 4,005 00 11,458 40 10,840 00 770,594 63 742,447 00 239,395 56 242,357 56 64,846 00 65,864 30 266,755 68 253,584 03 52,799 70 52,950 00 257,170 00 312,067 80 $1,832,753 07 $1,731,152 59 1,731,152 59 Banking house and lot, book value, $62,000 ; cost, $104,391.65; actual cash value.................................................................................. Cash on deposit in banks or trust companies............................... Cash on hand............................................................................................. Total of collectible interest................................................................... 62,000 462,501 43,418 68,471 00 41 96 39 $5 ,793,505 35 L IA B IL IT IE S - ===== Amount due depositors, viz.: Principal ................................................................................. $5,227,055 10 Dividends credited or to be credited fo r the six months ending with December 31, 1915 ........................ 85,495 36 ------------------ $ 5 ,312 ,55 0 46 Surplus on market value....................................................................... 480,954 89 $5,793 ,50 5 35 ............- Surplus on par value, $487,074.57. CASH TRANSACTIONS DURING THE YEA R 1915 R E CEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................. From depositors, not including dividends credited...................... From interest on loans, deposits and investments........................ From mortgages ...................................................................................... From redemption of stocks and bonds............................................... From stocks and bonds sold (total par value, $ 5 ,0 0 0 )................ $529,084 1,3 94,0 43 2o l,53 9 301,970 130,548 3,262 55 35 73 00 46 50 $2,610,448 59 [158] M ontgom ery C o u n ty 159 PAYM EN TS To depositors, including dividends paid to them........................ $1 ,569 ,11 2 18 415,347 00 For loans on bonds and mortgages..................................................... For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $91,595.56)............................... 95,537 56 For interest (other than dividend payments to depositors) . . . 1,006 46 For current expenses of the bank, viz.: For salaries ........................................................................... For ta x e s: Banking house, $965.25 ; surplus, $1,310.80; on mortgages, $1,086.30 .................................................... For expenses, except taxes, o f banking h o u se : Insurance ......................................................................... For other expenses not including expenses o f other real estate nor other expenses o f banking h o u se... $12,150 00 6,362 35 62 50 4,858 25 -----------------Other payments, viz.: Profit and loss............................................. Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. 23,433 10 91 92 505,920 37 $2,610,448 59 STATISTICAL INFORMATION 14,739 Number of open accounts January 1, 1916...................................... Number of accounts opened or reopened during the year . . . . . 1,995 Number of accounts closed during the year.................................... 1,746 Amount deposited during the year, not including dividends credited for that period..................................................................... $1 ,394,043 35 Amount withdrawn during the year................................................... 1,569,112 18 Amount of dividends credited and paid for the year, viz.: July 1, 1915 ............................................................................. January 1, 1916 ...................................................................... $84,953 77 85,495 36 Average amount of each account January 1, 1916...................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................................ Rate per cent, of dividends to depositors during the six months ending December 31, 1915.................................................................. Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915............................... Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 170,449 13 360 44 3y2 3% $248,462 45 23,433 10 170,449 13 54,580 22 NASSAU COUNTY 61. ROSLYN SAVINGS BANK OF ROSLYN, ROSLYN [Incorporated 1875] THOMAS MOTT, President. FR ED ER IC K E. W IL L IT S, Treasurer. HENRY W. EASTMAN, Vice-President. CHARLES E. CONKLIN Secretary. JOHN C. BAKER. Vice-President. TRUSTEES HENRY W. M. EASTM AN, THOMAS MOTT, JOSEPH H. BOGART, GEORGE P. TITU S, F R ED ’K E. W ILLITS, THOS. W. ALBERTSON, FR ED ERICK C. HICKS, DANIEL J. HEDGEMAN, S. M. POW ELL, JO THAN POST, S. T. RUSHMORE, W ILLIAM W. COCKS. J. CLIFTON MONFORT, RICHARD DOWNING, W ILLIA M W ITTE. GEORGE W. EASTMAN, JOHN C. BAKER. DANIEL U N DERHILL, JOHN A. ALBERTSON, DANIEL S. WOOLLEY, EUGENE W. DENTON, CHARLES E. CONKLIN, A LFR E D V. FRASER, JAMES W IL L IT S, GEORGE S. EMORY, FINANCIAL RESOURCES Bonds and mortgages. Stock and bond investments,, viz.: $1, 456, 875 00 P ar value $20,000 00 94,000 00 115,500 00 10, 000 00 11, 000 00 8, 000 00 98,200 00 358,000 00 S to c k s and bon ds State o f New Y ork ................. Cities in other States.......... Cities in this State............... Counties in this S tate.......... Towns in this S tate............. Villages in this State............ School districts in this State Railroad mortgage bonds ... $714,700 00 Original Estimated cost market value $21,450 00 $22,400 00 97,032 75 95,440 00 121,752 75 116,100 00 10,296 84 10,600 00 12,100 00 11,575 00 8, 280 00 8,060 00 98,489 67 98,663 50 367,706 25 334,257 50 $737,108 26 $697,096 00 697 096 00 Banking house and lot, book value, $25,000; cost, $36,514.17; actual cash value ................................................................................ Other real estate, book value, $14,715.25; cost, $14,907.57; actual cash value .................................................................................. Cash on deposit in banks or trust companies................................. Cash on hand ........................................................................................... Total of collectible interest..................................................................... Amount of all other assets, viz.: Taxes advanced ................................................................... Insurance premiums advanced........................................ 25, 000 00 14,907 122,483 317 28,780 57 15 62 81 $1,145 10 119 32 ------------------ 1,264 42 $2 ,346,724 57 Amount due depositors, viz.: L IA B IL IT IE S Principal ................................................................................. $2,108,841 88 Dividends credited or to be credited fo r the six 39,497 46 months ending with December 31, 1915...................... ------------------ $2,148, 339 34 .................... 198,385 23 Surplus on market value Surplus on par value, $215,989.23. $2,346,724 57 ----- , — = .. — CASH TRANSACTIONS DURING THE YEAR 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................ From depositors, not including dividendscredited....................... From interest on loans, deposits andinvestments......................... From rents from banking house...................................... From rents from other real estate..................................................... From mortgages ....................................................................................... From redemption of stocks and bonds............................................ From real estate sold .............................................................................. $113,475 476,718 110,898 1,717 375 39, 300 9 ,6 00 2, 575 46 07 53 00 00 00 00 00 161 N assau C o u n ty Prom all other sources, viz.: Bid on school bonds returned............................................ S atisfaction piece ................................................................ A ppraisal fees ........................................................................ P rotest fees ........................................................................... Assignm ent fees ................................................................... Tax search refund .............................................................. Overpayment interest ......................................................... $600 5 487 1 3 9 00 70 50 55 50 50 81 $1,108 56 $755,767 62 PAYM EN TS : To depositors, including dividends paid to them......................... For loans on bonds and mortgages...................................................... For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $ 6 0,00 0).................................... For interest (other than dividend payments to depositors) . . . For current expenses of the bank, viz.: F or salaries ............................................................................ For taxes : Banking house, $532.22 ; surplus, $1,699.41 ; on mortgages, $340 ........................................................... For expenses, except taxes, o f banking h o u s e : R e p a ir s .............................................................................. Insurance .......................................................................... F or expenses of other real estate, viz. : Repairs .............................................................................. Insurance .......................................................................... Taxes .................................................................................. O t h e r .................................................................................. F or other expenses, not including expenses o f other real estate nor other expenses o f banking hou se.. $431,648 27 124, 050 00 56,895 00 321 58 $7,624 95 2,571 63 372 84 112 50 2,292 56 251 155 59 56 66 55 1,730 14 15,168 42 Other payments, viz.: Fees : appraisal fees, $487.50; protest fees, $1.55; as signment, $3.50 ................................................................. Satisfaction piece .................................................................. Insurance premiums advanced.................................. Overpayment o f interest...................................................... Taxes advanced ............. Cash shortage and repaym ent to correct error.......... Bid on b o n d s ......................................................................... $492 55 5 70 119 32 81 1,140 20 25 00 3,100 00 4,883 58 Cash on hand and in hanks or trust companies December 31, 1915, after transactions of the day................................................. 122,800 77 $755,767 62 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... Number of accounts opened or reopened during the year......... Number of accounts closed during the year.................................... Amount deposited during the year, not including dividends credited for that period........................................................................ Amount withdrawn during the year................................................... Amount of dividends credited and paid for the year, viz.: July 1, 1915 ........................................................................... January 1, 1916 ..................................................................... Credited a t other periods.................................................. $476,718 07 431,6^8 27 $38,423 37 39,497 46 2 00 Average amount of each account January 1, 1916...................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915.......................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................. Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915.................................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors...................................... ............................................ 6 4,234 518 331 77,922 83 498 07 4 4 $113,695 59 15,168 42 77,920 83 20,606 34 NEW YORK COUNTY 62. A M E R IC A N S A V IN G S BANK, NEW YORK C IT Y [115 W est 42d s tr e e t; incorporated 1882] W ILLIAM M. CAM PBELL, President. W ILLIA M M. H AZELTON, Treasurer. JAM ES F. FARGO, Vice-President. D A V ID ORR, Secretary. L. DUNCAN BU LKLEY, Vice-Pres. TRUSTEES VINCENT PISEK , JAMES F. FARGO, L. DUNCAN BULKLEY, DAVID ORR, W ILLIA M C. STORY, WM. M. CAMPBELL. JOHN V. IRW IN , HENRY R. SUTPIIEN, FRED. M ATH ESIUS, JK., HENRY B. BRITTON , FRED. M. JOHNSON, CHAS. O. K IM BALL, CARL L. VIETO R, HICKS A. W EA TH E R B E E , JOHN R. C H R ISTIE, M IC H A E L I. PUPIN, W ARREN THORPE. FIN AN CIAL RESOURCES Bonds and mortgages.............................................................................. $1 ,687 ,96 5 00 Stock and bond investments, viz.: S to c k s and Par value $67,000 00 200,000 00 30,000 00 123,000 00 25,000 00 600,000 00 bonds Cities in other States............ Cities in this State............... Towns in this State............... Villages in this State............ School districts in this State R ailroad mortgage bonds___ $1,045,000 00 Original Estimated cost market value $66,994 35 $66,070 00 209,116 10 200,600 00 35,955 00 33,300 00 126,067 63 121,050 00 26,729 80 24,905 00 596,134 80 503,950 00 $1,060,997 68 $949,875 00 949,875 00 Banking house and lot, book value, $15,642.26; cost, $34,721.64; actual cash value.......................................................................... Other real estate, book value, $157,643.46; cost, $158,325.33; actual cash value................................................................................... Cash on deposit in banks or trust companies.................................. Cash on hand.............................................................................................. Total of collectible interest................................................................... Amount of all other assets, viz.: Suspense account.................. 34,721 64 157,472 232,428 3,6 68 37,024 17 78 03 77 81 25 $3 ,103,173 28 L IA B IL IT IE S Amount due depositors, viz.: P rincipal ................................................................................. $2,983,142 25 Dividends credited or to be credited fo r the six months ending with December 31, 1915........................ 47,850 59 ------------------ $3,030,992 84 Other liabilities, viz.: Expenses incurred, but unpaid, accrued rent ............................................................................................................. 1,166 66 Surplus on market value...................................................................... 71,013 78 $3 ,1 0 3 ,1 7 3 28 Surplus on par value, $166,138.78. CASH TRANSACTIONS DURING THE YE A R 1915 R E CEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividends credited...................... From interest on loans, deposits and investments......................... From rents from banking house.......................................................... From rents from other real estate........................................................ [162] $246,183 972,378 133,535 2,3 13 9 ,5 3 0 90 73 40 30 39 N e w Y ork C o u n ty From From From From From 163 mortgages ............................................................................ redemption of stocks and bonds.................................... stocks and bonds sold (total par value, $112,900) real estate sold................................................................... all other sources, viz.: Land contract ...................................................................... Suspense account ................................................................. $92,150 7,500 108,294 19,725 00 00 63 00 $500 00 6,720 84 7,2 20 84 $1,598,832 19 PAYM EN TS To depositors, including dividends paid to them........................... $1 ,077,438 04 For loans on bonds and mortgages...................................................... 81,900 00 For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $125,000)................................. 119,472 50 For interest (other than dividend payments to depositors).. 1,134 73 For current expenses of the bank, viz.: For salaries ........................................................................... For taxes : Banking house, $43.48 ; surplus, $88.26___ For expenses, except taxes, o f banking h o u s e : Repairs .............................................................................. Insurance .......................................................................... O t h e r .................................................................................. For rent o f banking room s.................................................. F or expenses of other real estate, v i z .: Repairs .............................................................................. Insurance .......................................................................... T a x e s .................................................................................. O t h e r .................................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking h ou se... $11,730 50 131 74 311 74 534 7,000 68 21 00 00 1,097 316 2,564 960 91 11 32 58 3,127 64 27,848 69 For real estate acquired by foreclosure, or in settlement of debts due the bank.............................................................................. Other payments, viz.: Suspense account...................................... Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 49,017 93 5,923 50 236,096 80 $1,598,832 19 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... Number of accounts opened or reopened during the year. . . . Number of accounts closed during the year.................................... Amount deposited during the year, not including dividends credited for that period..................................................................... Amount withdrawn during the year................................................... Amount of dividends credited and paid for the year, viz.: July 1, 1915 ............................................................................. January 1, 1916 ..................................................................... $972,378 73 1,077,438 04 $48,327 52 47,850 59 Average amount of each account January 1, 1916...................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915.......................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915............................... Interest paid to depositors for the year 1915............................... Net earnings for the year 1915 over expenses and interest paid to depositors................................................................................ 8,685 1,425 1,286 96.178 11 348 99 3% 3 y2 $142,670 22 34,756 44 96.178 11 11,735 67 R eport on S avin gs B a n k s 164 63. THE BAN K FOR S A V IN G S [280 Fourth aven ue; W ALTE R TRIM BLE, President. FR ED ERIC W. STEVENS, Vice-Pres. C H ARLES S. BROWN, Vice-Pres. IN THE C IT Y OF N E W YORK incorporated 1819] A D R IA N ISELIN , J b ., Vice-Pres. JAMES KNOWLES, Comptroller. LE W IS B. GAW TRY, Secretary. TRUSTEES W A LTE R TRIM BLE, FREDERIC W. STEVENS, CHARLES S. BROWN, A D R IA N ISELIN, J r ., L E W IS B. GAW TRY, CHAS. A. SHERMAN, HENRY W. d e FOREST, W. IRVIN G CLARK, W ILLIA M J. RIK E R , WM. W. A PPLETON , THOM AS DIMOND, ROBERT BACON, HENRY R. HOYT, AUGUST BELM ONT, CHARLES H. TW EED, W ILLIA M SLOANE, JAM ES KNOW LES, THOMAS DENNY, JOHN E. COWDIN, JAM ES S. A LEX A N D E R , NICHOLAS BIDDLE, GEORGE F. BAKER, JB., OTTO M. E ID L ITZ, GEO. E. ROOSEVELT, T H A TCH E R M. BROWN, L E W IS C. LEDYARD, J b ., JULIAN L. PEABODY. FINANCIAL RESOURCES Bonds and mortgages ......... .................................................................... $48,654,600 00 Stock and bond investments, viz.: P ar S to c k s and bon ds value State o f New Y ork................. $2,505,000 00 State o f Maryland ................. 830,000 00 Cities in other States............ 5,267,600 00 Cities in this State............... 15,327,300 00 500,000 00 Counties in this S tate.......... R ailroad mortgage bonds ... 25,043,000 00 Original Estimated cost market value $2,581,422 50 $2,500,95000 786,404 16 794,90000 5,524,740 16 5,015,08800 15,922,641 37 14,609,15400 539,588 70 535,00000 25,262,835 40 20,954,07000 $49,472,900 00 $50,617,632 29 $44,409,162 00 = --■= - ■■■==---------------■ 44 ,409 ,16 2 00 Banking house and lot, book value, $400,000; cost, $T51, 301.06; actual cash value .................... ............................................ 400,000 00 Other real estate, book value, $977,038.64; cost, $987,866.04 actual cash value ............................................................................ 977,038 64 Cash on deposit in banksor trust companies................................... 3,3 0 9 ,3 9 8 12 Cash on hand ............................................................................................. 785,409 88 1,153,170 36 Total of collectible interest.................................................................... Amount of all other assets, viz.: New York State barge canal judgments ................................................................................................ 14,773 02 $99,703,552 02 L IA B IL IT IE S Amount due depositors, viz.: P rincipal ................................................................................. $90,873,530 13 Dividends credited or to be credited fo r the six months ending with December 31, 1915...................... 1,529,069 97 ------------------ $92,402,600 10 Surplus on market value......................................................................... 7,300,951 92 $99,703,552 02 Surplus on par value, $12,364,689.92. CASH TRANSACTIONS DURING THE YEAR 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... $3,400,608 98 From depositors, not including dividends credited...................... 14,158,392 56 From interest on loans, deposits and investments...................... 4,1 09,9 13 50 From rents from other real estate.................................................... 29,639 03 From mortgages ......................................................................................... 1,633,350 00 From redemption of stocks and bonds.............................. 474,000 00 From stocks and bonds sold (total par value,$1,000,000) . . . . 940,823 35 N e w Y ork C o u n t y 165 From all other sources, viz.: F ire insurance loss .............................................................. Rebate insurance premium ............................................... Gain at counter ................................................................... $528 00 13 97 32 00 $573 97 $24,747,301 39 PAYM ENTS To depositors, including dividends paid to them.........................$ 1 7 ,9 4 0 ,4 6 5 For loans on bonds and mortgages........................................ 1,422,000 For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $875,000).................... 902,468 For interest (other than dividend payments todepositors) . . . 6,095 For current expenses of the bank, viz.: For salaries ........................................................................... For ta x e s : Banking house, $13,688.65 ; surplus, $35,326.14 ................................................................................ For expenses, except taxes, o f banking h o u s e : Repairs ............................................................................. Insurance .......................................................................... For expenses of other real estate, viz. : Repairs .............................................................................. Insurance ......................................................................... Taxes ................................................................................. O t h e r .................................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking h ou se... 29 00 47 98 $108,675 34 49,014 79 163 05 92 00 6,211 68 18,354 972 84 97 18 63 23,860 17 207,412 97 For real estate acquired by foreclosure, or in settlement of debts due the bank .............................................................................. Other payments, viz.: New York State barge canal judgm ents........................ Gain at counter ................................................................... 159,249 66 $14,773 02 28 00 14,801 02 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 4,0 9 4 ,8 0 8 00 $24,747,301 39 STATISTICAL INFORMATION Number of open accounts January 1, 1916.................... .................. 146,065 Number of accounts opened or reopened during the y e a r .. . . . 15,385 Number of accounts closed during the year.................................... 17,418 Amount deposited during the year, not including dividends credited for that period....................................................................... $14,158,392 56 Amount withdrawn during the year................................................... 17,940,465 29 Amount of dividends credited and paid for the year, viz.: July 1, 1915 ............................................................................. $1,537,730 10 January 1, 1916 ...................................................................... 1,529,069 97 3 .0 66.8 00 07 Average amount of each account January 1, 1916...................... 632 61 Rate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................ 3% Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................... 3% Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. $4,007,289 82 Total expenses of the bank for the year 1915............................... 207,412 97 Dividends paid to depositors for the year 1915............................. 3.066.8 00 07 Net earnings for the year 1915 over expenses and dividends paid to depositors ................................................................................ 733,076 78 166 R eport on S a vin g s B a n k s 64. THE BOW ERY S A V IN G S B A N K , N E W [128-30 B o w e r y ; HENRY A. SCHENCK, President. WM. H. SPACEMAN, Vice-President. W ILLIAM A. NASH, Vice-President. Y O R K C IT Y incorporated 1834] JOSEPH G. LIDDLE, Secretary. PERCY G. DELAM ATER, Asst. Secy. W ILLIA M E. KNOX, Comptroller. TRUSTEES HENRY A. SCHENCK, WM. M. SPACEMAN, WM. A. NASH, JOHN J. SINCLAIR, GEO. H. ROBINSON, GEORGE JEREM IAH , HENRY C. BERLIN, CHARLES E. BIGELOW , THOMAS B. KENT, W ILLIA M C. WOOD, I. W. DRUMMOND, H. B. DOMINICK. C. LAW RENCE PERK INS, ROBERT M. GALLAW AY, M ARK M. MACLAY, FRAN CIS S. BANGS, L E W IS L. CLARKE. R IC H A R D M. HOE, GEORGE M cN EIR, CHARLES H. TENNEY, H OBART J. PARK , W. H U LL W ICKH AM , STEPHEN BAKER, AR TH U R L. LESHER, S. W. F A IRC H ILD , F IN A N C IA L RESOURCES Bonds and mortgages................................................................................ $62,143,265 00 Stock and bond investments, viz.: P ar Original Estimated S to c k s and bon d s value cost market value $874,000 00 $897,210 00 $865,260 00 State o f New Y ork................. State o f Massachusetts ....... 1,215,000 00 1,277,858 80 1,121,970 00 State o f Rhode Islan d............ 50,000 00 54,562 50 48,500 00 Cities in other States............ 7,028,500 00 7,558,549 47 6,835,150 00 Cities in this State............... 9,630,049 43 10,037,587 68 9,208,220 94 Railroad mortgage bonds . . . 26,850,000 00 29,920,120 77 25,534,240 00 $45,647,549 43 $49,745,889 22 $43,613,340 94 Banking house and lot, book value, $200,000; cost, $796,080.91; actual cash value......................................................................... Other real estate, book value, $448,735.22; cost, $486,950.34; actual cash value.................................................................................. Cash on deposit in banks or trust companies................................. Cash on hand................................................................................................ Total of collectible interest................................................................... Amount of all other assets, viz.: New York State barge canal judgm ents...................... Taxes advanced ..................................................................... Rents accrued ....................................................................... L IA B IL IT IE S 200,000 00 448,735 6,1 2 7 ,1 5 8 990,160 1,721,751 22 27 61 96 $4,127 75 45,978 65 753 67 -----------------50,860 07 $115,295,272 07 Amount of all other assets, viz.: Principal ................................................................................$101,135,876 82 Dividends credited or to be credited fo r the six months ending w ith December 31, 1915.................... 1,686,091 07 ------------------ $102,821,967 89 Other liabilities, viz.: Deposit tobind contract of sale............ 500 00 Surplus on market value.......................................................................... 12,472,804 18 Surplus on par value, $14,507,012.67. $115,295,272 07 CASH TRANSACTIONS DURING THE YEA R 1915 R E CEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................ $8 ,262,947 30 From depositors, not including dividends credited...................... 20 ,093,089 71 4,841,1 91 76 From interest on loans, deposits and investments........................ From rents from other real estate..................................................... 28,547 38 From mortgages .......................................................... .. .......................... 2,3 2 9 ,3 7 8 00 1 ,7 63,2 50 00 From redemption of stocks and bonds............................................... 432,292 00 From stocks and bonds sold (total par value, $509,000)........... 183,000 00 From real estate sold.............................................................................. From all other sources, viz.: S atisfaction o f mortgages ................................................. N otarial fees .......................................................................... P ublic telephone ................................................................... Profit and loss to adjust overdraft accoun t............... R eceiver in foreclosure proceedings................................ Adjustm ent o f price o f bonds purchased................... Adjustm ent o f price o f real estate................................ Taxes advanced refunded ..................... $138 00 67 25 13 07 50 00 6,340 50 164 54 781 41 18,000 00 1 67 N e w Y ork C o u n ty P rofit and loss to adjust claim on accou n t............... Deposit to bind con tra ct...................................................... $305 13 500 00 ------------------ $26,359 90 $37,960,056 05 PAYM EN TS To depositors, including dividends paid to them......................... $22,895,896 For loans on bonds and mortgages...................................................... 3 ,1 6 4 ,2 5 0 For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $3,608,500)............................... 3,8 24,3 55 For interest (other than dividend payments to depositors) . . . 55,656 For current expenses of the bank, viz.: F or salaries ........................................................................... F or t a x e s : Banking house, $6,479.00; surplus, $96,024.31 ................................................................................ F or expenses, except taxes, o f banking h o u s e : Repairs ............................................................................. O t h e r .................................................................................. F or expenses of other real estate, v i z .: Repairs .............................................................................. In s u r a n c e .......................................................................... Taxes .................................................................................. Other .................................................................................. F or other expenses, not including expenses o f other real estate nor other expenses o f banking house.. 19 00 72 00 $120,315 00 102,503 31 1,349 63 15,242 84 6,562 1,719 8,527 7,903 93 13 76 79 40,005 00 304,129 39 For real estate acquired by foreclosure, or in settlement of debts due the bank................................................................................ Other payments, viz.: T eller’s deficits ..................................................................... Taxes advanced ..................................................................... Adjustm ent o f overdraft account ..................................... New York State barge canal judgm ents p u rch ased ... Foreclosure expenses ......................................................... Adjustm ent o f claim ............................................................ $85 65,204 50 4,127 498 305 528,179 78 00 12 00 75 09 13 70,270 09 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 7 ,1 1 7 ,3 1 8 88 $37,960,056 05 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... 142,586 21,974 Number of accounts opened or reopened during the year......... Number of accounts closed during the year.................................... 20,933 Amount deposited during the year, not including dividends credited for that period...................................................................... $20,093,089 71 Amount withdrawn during theyear..................................................... 22 ,895,896 19 Amount of dividends credited and paid for the year, viz.: July 1, 1915 ............................................................................. $1,683,397 85 January 1, 1916 ..................................................................... 1,686,091 07 ------------------ 3,3 6 9 ,4 8 8 92 Average amount of each accountJanuary 1 ,1 9 1 6 ........................ 721 12 Number of accounts which exceeded $3,000, exclusive of divi dends credited, at the last trial balance of depositors’ ledgers, except deposits arising from society accounts, or judicial sales, or trust funds, or by order of a court of record or of a surrogate......................................................................................... 3 $10,883 34 Total amount of such accounts............................................................ Rate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................................ 3^ Rate per cent, of dividends to depositors during the six months ending December 31, 1915..................................................... 4........... 3*4 Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. $ 4 ,702 ,30 0 72 Total expenses of the bank for the year 1915................................. 304,129 39 Dividends paid to depositors for the year 1915............................. 3,3 6 9 ,4 8 8 92 Net earnings for the year 1915 over expenses and dividends paid to depositors................................................................................ 1,028,6 82 41 168 R eport on S avin g s B a n k s 65. BROADW AY S A V IN G S IN S T IT U T IO N , N E W YORK C IT Y [5-7 Park p la ce ; incorporated 1851] HORACE F. HUTCHINSON, President. EUGENE BRITTON, Treasurer. J. A. GEISSEN HAIN ER, Vice-Pres. W IL L IA M H. ROSE, Secretary. RICHARD B. KELLY, Vice-Pres. TRUSTEES J. A. GEISSEN HAIN ER, H. F. HUTCHINSON, EUGENE BRITTON, H. M ORTIM ER BRUSH, OSCAR T. MACKEY, RIC H A R D B. K E LLY , REMSEN JOHNSON, E DW ARD TOWN SEND, F R ED ER IC K W. HUNTER CHARLES A. FRANK. SAMUEL S. BLOOD, HENRY A. H OW ARTH , W IL L IA M H. ROSE, A. B. W ESTE R V E LT, ED W AR D E. W ATTS. FIN AN CIAL RESOURCES Bonds and mortgages............................................ Stock and bond investments, viz.: S to c k s and P ar value $50,000 00 296.000 00 bonds State o f New Y ork................. State o f Missouri ................. State o f Maryland ............... Cities in other States............ Cities in this State............... Counties in this S tate............ Villages in this S tate............ R ailroad mortgage b o n d s ___ 100.000 00 200,000 00 439,800 00 300,000 00 12,000 00 1,928,000 00 $3,325,800 00 $8,885,950 00 Original Estimated cost market value $51,437 50 $51,000 00 291,154 75 294,600 00 99,875 00 100,000 00 222,328 00 196.000 00 449,075 96 439,820 00 300,000 00 291.000 00 12,055 10 12,000 00 2,103,643 07 1,854,060 00 $3,529,569 38 $3,238,480 00 = = = —— ------- Loans upon pledge of securities............................................................ Banking house and lot, book value, $270,000; cost, $271,261.83; actual cash value ................................................................................... Other real estate, book value, $583,525; cost, $601,306.96; 3 ,2 38,4 80 00 10,000 00 270,000 00 actual cash value ..................................................................... 583,525 00 Cash on deposit in banks or trust companies............................... Cash on hand ........................................................................................... Total of collectible interest................................................................... 1,097,588 17 184,689 35 146,514 70 $14,416,747 22 L IA B IL IT IE S' Amount due depositors, viz.: P r in c ip a l..................................................................................$13,525,635 39 Dividends credited or to be credited fo r the six months ending with December 31, 1915...................... 257,337 87 ------------------ $13,782,973 26 Surplus on market value ..................................................................... 633,773 96 $14,416,747 22 Surplus on par value, $721,093.96. CASH TRANSACTIONS DURING THE YEAR 1915 R E CEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................ From depositors, not including dividends credited...................... From interest on loans, depositsand investments........................ From rents from other realestate...................................................... From mortgages ........................................................................... From redemption of stocks and bonds............................................... From loans paid ........................................................................... From real estate sold........................................................................... From all other sources, viz.: Deficiency judgment.................... $934,520 2,8 21,2 33 628,132 1,254 685,900 748,000 3,000 163,735 1,932 03 07 85 37 00 00 00 34 08 $5 ,987,707 74 N e w Y ork C o u n t y 169 PAYM ENTS To depositors, including dividends paid to them.................... $2 ,9 4 6 ,1 2 4 82 For loans on bonds and mortgages..................................................... 1,057,500 00 For loans on stocks and bonds and other securities.................... 3,000 00 For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $2 01,000)................................. 208,005 24 For interest (other than dividend payments to depositors).. 2,881 79 For current expenses of the bank, viz.: For salaries .......................................................................... For ta x e s : Banking house, $3,415.20; surplus, $5,251.12 .................................................................................. For expenses, except taxes, o f banking h o u s e : Repairs .............................................................................. Other .................................................................................. F or expenses of other real estate, viz. : Repairs .............................................................................. Insurance .......................................................................... Taxes .................................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking h o u se ... $34,245 00 8,666 32 463 64 62 50 37 50 22 50 3,772 00 5,199 53 52,468 99 For real estate acquired by foreclosure, or in settlement of debts due the bank.............................................................................. Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 435,449 38 1,282,277 52 $5 ,987 ,70 7 74 STATISTICAL INFORMATION Number of open accounts January 1, 1916.................................... 15,373 Number of accounts opened or reopened during the year......... 2,098 Number of accounts closed during the year................................. 1,897 Amount deposited during the year, not including dividends credited for that period..................................................................... $2 ,821 ,23 3 07 2 ,9 4 6 ,1 2 4 82 Amount withdrawn during the year................................................. Amount of dividends credited and paid for the year, viz.: July 1, 1915 ............................................................................. January 1, 1916 .......<............................................................ $253,773 14 257,337 87 Average amount of each account January 1, 1916...................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................ Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................. Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915............................... Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors ................, .............................................................. 511.111 01 896 57 4 4 $616,219 76 52,983 16 511.111 01 52,125 59 170 R eport on S avin g s B a n k s 66. C IT IZ E N S ’ S A V IN G S B A N K , N E W Y O R K C IT Y [56-58 Bowery ; incorporated 1866] HENRY HASLER, President. HENRY SAYLER, Secretary. CHARLES H. CLARK, Vice-Pres. E M IL A. HUBER, A sst. Secretary. CHARLES H. SMITH. Vice-Pres. TRUSTEES CHAS. H. STEIN W AY HENRY HASLER, CHARLES GULDEN, PE RC IV A L KUHNE, JAM ES ROWLAND, A RTH U R W. WATSON, JOHN C. JUHRING, JOHN M. FUCHS, D A V ID C. TOWNSEND, F R E D ’ K W. W URSTER, CHARLES H. SM ITH, JOHN A. BEALL, CHARLES H. CLARKE, E DW ARD H. TITU S, B A R A K G. COLES, RICHARD A. BACHIA, JULIUS DE LONG, JOHN L. DUDLEY, HENRY SAYLER, W ARNER D. ORVIS, W IL L IA M H. SCHMIDT. FIN AN CIAL RESOURCES Bonds and mortgages................................................................................ Stock and bond investments, viz.: P ar value $900,000 00 S to c k s a n d b o n d s State o f New York ............... State o f M assachusetts ....... State o f Colorado ................. Cities in other States............ Cities in this State................. Counties in this S tate.......... 1, 000,000 00 21,000 00 2.050.000 00 3.123.000 00 280,000 00 $7,374,000 00 $8,928,400 00 Original Estimated cost market value $938,000 00 $983,151 90 1,122,117 00 929,000 00 21, (jOO 00 16.173 n0 2,263,682 50 2.013.S75 00 3,3,'2,2-jO 20 3,020,765 00 320,495 0( 278,700 00 $8,082,646 60 $7,196,510 CO -■ --------------- ■ 7,1 9 6 ,5 1 0 00 Banking house and lot, book value, $125,000; cost, 276,208.16; actual cash value.................................................................................. 125,000 00 Other real estate, book value, $24,569.46; cost, $24,569.46; actual cash value.................................................................................. 22,568 03 Cash on deposit in banks or trust companies................................. 1,775,590 32 Cash on hand................................................................................................ 262,616 42 Total of collectible interest..................................................................... 173,061 67 $18,483,746 44 L IA B IL IT IE S Amount due depositors, viz.: Principal ................................................................................. $16,045,733 59 Dividends credited or to be credited fo r the six months ending with December 31, 1915 ...................... 266,693 18 ------------------ $1 6,312,336 77 Surplus on market value.......................................................................... 2,1 71,4 09 67 $18,483,746 44 Surplus on par value, $2,348,899.67. CASH TRANSACTIONS DURING THE YEA R 1915 R E CEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... $1,713,637 59 From depositors, not including dividends credited........................ 3,295,691 76 From interest on loans, deposits and investments...................... 747,885 50 From rents from banking house............................................................ 7,136 43 From rents from other real estate..................................................... 127 70 From mortgages ......................................................................................... 71,000 00 From redemption of stocks and bonds............................................... 72,000 00 From stocks and bonds sold (total par value, $ 2 0 0 ,0 0 0 ) .... 200,500 00 Amount of all other assets, viz.: Deficiency judgm ent ............................................................. Real estate account-rents received during foreclosure $150 00 170 95 -------------------------------------- 32095 $6,108 ,29 9 93 N e w Y ork C o u n ty 171 PAYM EN TS To depositors, including dividends paid to them For current expenses of the bank, viz.: F or salaries ........................................................................... For ta x e s: Banking house,$3,193.78; surplus, $20,286.10 F or expenses, except taxes, o f banking h o u se : R e p a ir s .............................................................................. In s u r a n c e .......................................................... 2,244 O t h e r .................................................................. 75 For expenses o f other real estate, v i z .: Repairs .............................................................................. I n s u r a n c e .......................................................... 10 Taxes ................................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. $3 ,903 ,81 3 63 $52,250 00 23,47988 169 70 31 00 47 37 00 177 65 10,699 89 89,153 80 For real estate acquired by foreclosure, or in settlement of debts due the bank................................................................................ Other payments, viz.: Addition to banking house and l o t .. . . Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. 24,890 41 52,235 35 2,0 38,2 06 74 $6 ,108,299 93 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... 27,128 3,007 Number of accounts opened or reopened during the year........... Number of accounts closed during the year.................................... 2,897 Amount deposited during the year, not including dividends credited for that period..................................................................... $3,295,691 76 Amount withdrawn during the year................................................... 3,9 03,8 13 63 Amount of dividends credited and paid for the year, viz.: July 1, 1915 ............................................................................. January 1, 1916 ...................................................................... $266,715 55 266,603 18 -----------------Average amount of each account January 1 ,1 9 1 6 ........................ Number of accounts which exceeded $3,000, exclusive of div idends credited, at the last trial balance of depositors’ ledgers, except deposits arising from society accounts, or judicial sales, or trust funds, or by order of a court of record or of a surrogate..................................................................... Total amount of such accounts............................................................ Rate per cent, of dividends to depositors during the six months ending June 30, 1915.......................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915..................................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiumsanddiscounts............ .................... Total expenses of the bank for theyear 1915................................ Dividends paid to depositors for the year 1915............................. Net earnings for t e year i915 over expenses and dividends paid to depositors.................................................................................. 533,318 73 601 31 1 $7,039 00 3% $737,880 60 89,153 80 533,318 73 115,408 07 172 R eport on S avin gs B a n k s 67. COM M ONW EALTH S A V IN G S B A N K , N E W YORK C IT Y [2007 Amsterdam av en u e; incorporated 1910] JOHN H. BOSCHEN, President. LOUIS K. UNGRICH, Vice-Pres. JOHN A . MURRAY, Vice-Pres. CHARLES S. GAUBERT, Secretary. TRUSTEES HERMAN W. BEYER, JOHN H. BOSCHEN, JOHN F. COWAN, JOHN R. DAVIES, FRANK B. FRENCH, SIGMUND W ECH SLER, CHARLES S. GAUBERT, P H IL IP HANO, V A LEN TIN E J. HAHN, HENRY O. HEUER, CORNELIUS HUTH, GEORGE H. HYDE, THOM AS F. M cAVOY, JOHN A. M URRAY. C H R ISTIAN SCHIEIlLOH, WM. F. SCHNEIDER, GUSTAV SCIIOLER. DONALD G. SINCLAIR, RICHARD H. SM ITH, LOUIS K. UNGRICH, M ARTIN W ALLACE, BURTON J. W ILK E , W ILLIA M S. BENNETT, OTTO H. SCIILOBOIIM, FRANK P. SCHIM PF, FIN AN CIAL RESOURCES Bonds and mortgages................................................................................ Stock and bond investments, viz.: P ar S to c k s an d lo n d s value State o f C alifornia ............... $10,900 Cities in other States... 25,000 Cities in this State........ 113,000 School districts in this State 4,600 Railroad mortgage bonds . .. 54,000 00 00 00 00 00 $206,600 00 Original cost $9,706 25,659 110,424 4,894 50,644 20 02 30 09 12 $201,327 73 $486,300 00 Estimated market value $9,700 00 25,100 00 111,070 00 4,836 00 47,580 00 $198,286 00 ■ ■ ■■■ Other real estate, book value, $19,547.31; cost, $19,547.31; actual cash value .................................................................................. Cash on deposit in banks ortrust companies.................................... Cash on hand ............................................................................................. 198,286 00 19,547 31 90,156 30 5,450 29 Total of collectible interest......................................................... 12,282 30 Amount of all other assets, viz.:Furniture and fixtures.............. 1,400 00 $813,422 20 L IA B IL IT IE S Amount due depositors, viz.: Principal ................................................................................. Dividends credited o r to be credited fo r the six months ending with December 31, 1915........................ $783,532 84 13,294 42 -----------------Surplus on market value....................................................................... $796,827 26 16,594 94 $813,422 20 Surplus on par value, $24,908.94. CASH TRANSACTIONS DURING THE YEA R 1915 R E C E IPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividendscredited............. From interest on loans, deposits and investments....................... From mortgages ........................................................................................ From redemption of stocks and bonds..................................... From all other sources, viz.: Insurance premiums advanced, refunded...................... Contributions by trustees .................................................. $70,030 457,701 33,205 46,750 3,000 92 73 88 00 00 $80 00 150 00 -------------------------------------- 23000 $610,918 53 N e w Y ork C o u n ty 173 PAYM ENTS To depositors, including dividends paid to them........................... For loans on bonds and mortgages..................................................... For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $ 3 3,00 0)............................................ For interest (other than dividend payments to depositors) . . . . For current expenses of the hank, viz.: For salaries .......................................................................... For expenses, except taxes, o f banking h o u s e : In surance ................................................................................. F or rent o f banking room s................................................ F or expenses o f other real estate, v i z .: T axes................ F or other expenses, not including expenses o f other real estate nor other expenses o f banking h ou se.. $319,837 77 139,000 00 30,091 84 357 31 $4,110 01 42 77 1,200 00 223 10 821 83 6,397 71 For real estate acquired by foreclosure, or in settlement of debts due the bank................................................................................ Other payments, v iz.: Insurance premiums advanced................ Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. 19,547 31 80 00 95,606 59 $610,918 53 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... Number of accounts opened or reopened during the y e a r .... Number of accounts closed during the year.................................... Amount deposited during the year, not including dividends credited for that period....................................................................... Amount withdrawn during the year................................................... Amount of dividends credited and paid for the year, viz.: July 1, 1915 ........................................................................... January 1, 1916 ...................................................................... $457,701 73 319,837 77 $12,135 57 13,294 42 Average amount of each account January 1, 1916........................ Rate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................................ Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors............................................................................; . . 4,601 1,577 935 25.429 99 173 19 4 4 $34,333 77 6,158 69 25.429 99 2,745 09 R eport on S avin g s B a n k s 174 68. D R Y DOCK S A V IN G S IN S T IT U T IO N , N E W Y O R K C IT Y [341 B o w e r y ; incorporated 1848] ANDREW M ILLS, President. SAM U EL W EBSTER, Secretary. WM. F. PATTERSON, Vice-President. F R ED ER IC K SHERWOOD, Asst. Secy. BENJ. D e F. CURTISS, Vice-Pres. TRUSTEES DAVID J. TAFF, ANDREW M ILLS, FR ED E R IC K ZITTE L, JOHN A. TACKABERRY, W ILLIA M S. GRAY, BENJ. D e F. CURTISS, W. M. BENNETT, W A LTE R E. FREW , WM. H. REMICK, LORENZO DANIELS, WM. F. PATTERSON. AUGUSTUS H. TENNIS, GEORGE B. HODGMAN. RICHARD T. DAVIES. FIN AN CIAL RESOURCES $27,985,500 00 Bonds and mortgages................................................... . Stock and bond investments, viz.: Par S to c k s State o f State o f State o f State o f State o f Cities in Cities in Counties R ailroad and Original value bonds New York .............. Maryland ............... California .............. Tennessee .............. Massachusetts ...... other States........... this State................ in this State............ m ortgage bonds . . . $200,000 100,000 100,000 250,000 900,000 3,948,000 4,868,928 200,000 6,930,000 00 00 00 00 00 00 94 00 00 Estimated market value cost $204,000 00 $201,000 00 94,524 96,623 257,740 980,557 4,212,067 4,996,718 217,720 7,504,410 36 20 23 50 01 81 00 13 95.000 97.000 261,500 839.000 3,936,620 4,732,043 00 00 00 00 00 70 200.000 00 6,620,420 00 $17,496,928 94 $18,561,361 24 $16,985,583 70 — - -- --------------- ' 16,985,583 70 Banking house and lot, book value, $150,000; cost, $568,571.31; actual cash value.................................................................................. 150,000 00 Other real estate, book value, $14,936.53; cost, $14,936.53; actual cash value.................................................................................... 14,936 53 Cash on deposit in banks or trust companies............................. 2,678,509 20 Cash on hand............................................................................................... Total of collectible interest..................................................................... 734,786 50 778,019 22 $49,327,335 15 L IA B IL IT IE S Amount due depositors, viz.: Principal ................................................................................. $44,509,911 01 Dividends credited or to be credited fo r the six m onths ending with December 31, 1915...................... 722,006 43 ------------------ $45,231,917 44 4,0 95,4 17 71 Surplus on market value......................................................................... $49,327,335 15 : . Surplus on par value, $4,606,762.95. CASH TRANSACTIONS DURING THE YEA R 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... $3,369,321 33 From depositors, not including dividends credited........................ 11,505,443 83 From interest on loans, deposits andinvestments.......................... 2,0 4 7 ,4 6 2 87 From rents from other real estate...................................................... 1,610 50 From m ortgages......................................................................................... 817,300 00 From redemption of stocks and bonds............................................... 769,250 00 From stocks and bonds sold (total par value,$361,000)............. 350,961 40 From real estate sold............................................................................... 18,000 00 From all other sources, v iz.: Sale o f waste paper.............................................................. Adjustm ent o f insurance prem ium s................................ $22 89 59 52 -------------------------------------- 8241 $18,879,432 34 175 N e w Y oke C o u n t y PAYM ENTS To depositors, including dividends paid to them...........................$10,579,162 For loans on bonds and mortgages..................................................... 2 ,7 0 2 ,0 0 0 For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $1,910,650)...................................... 2 ,0 1 7 ,6 0 3 For interest (other than dividend payments to depositors) . . . . 19,351 For current expenses of the bank, viz.: F o r s a l a r i e s .................................................................................................... F o r t a x e s : B a n k in g h o u s e , $3,792.38 ;s u r p lu s , $34,358.23 F o r e x p e n s e s , e x c e p t t a x e s , o f b a n k in g h o u s e : R e p a i r s ................................................................................... 74 I n s u r a n c e .................................................................................................. F o r ex p en ses o f o th e r rea l e sta te , v i z . : R e p a i r s ................................................................................... 238 I n s u r a n c e ............................................................................. 40 T a x e s ........................................................................................ 489 F o r o t h e r e x p e n s e s , n o t i n c lu d in g e x p e n s e s o f o t h e r r e a l e s t a t e n o r o t h e r e x p e n s e s o f b a n k in g h o u s e . . 64 00 97 23 $74,592 52 38,150 61 66 490 00 00 00 29 15,957 78 130,032 86 For real estate acquired by foreclosure, or in settlement of debts due the bank................................................................................ Other payments, viz.: Forged draft................................................. Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 17,685 94 300 00 3 ,4 13,2 95 70 $18,879,432 34 STATISTICAL INFORMATION Number of open accounts January 1, 1916........................................ 79,200 Number of accounts opened or reopened during the year........... 17,982 Number of accounts closed during the year.................................... 13,935 Amount deposited during the year, not including dividends credited for that period......................................................................... $11,505,443 83 Amount withdrawn during the year..................................................... 10,579,162 64 Amount of dividends credited and paid for the year, viz.: J u ly 1, 1915 ....................................................................................................... J a n u a r y 1, 1916 .............................................................................................. $704,387 83 722,006 43 ------------------ 1,426,394 26 Average amount of each accountJanuary 1, 1916......................... 571 11 Rate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................................ 3% Rate per cent, of dividends to depositors during the six months ending December 31, 1915........................................ .......................... 3% Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................... $2,025,876 78 Total expenses of the bank for the year 1915................................. 130,032 86 Dividends paid to depositors for the year 1915............................... 1,426,394 26 Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 469,449 66 176 R eport on S avin gs B a n k s 69. T H E E A S T R IV E R S A V IN G S IN S T IT U T IO N , N E W Y O R K C IT Y [291—295 B r o a d w a y ; in c o r p o r a t e d D I C K S . R A M S A Y , P r e s id e n t . C H A R L E S F . B A S S E T T , V i c e -P r e s . 1848] G E O R G E A B E E L , V i c e -P r e s . C H A R L E S A . W H I T N E Y , S e creta ry . TRUSTEES H E N R Y T . N IC H O L S , GEORGE ABEEL, D IC K S. R A M S A Y , W A R R E N C. B A R B E R , R IC H A R D Y O U N G , J. W O R R A L L A R T H U R , W I L L I A M C. S M IT H , D A N IE L W . W H IT M O R E , C H A S . A . O ’D O N O H U E , C H A R L E S F. B A SSE T T, W I L L I A M C. T A B E R . J U L IA N D . F A IR C H IL D , W IL L IA M C O V E R L Y , EVERSLY C H IL D S , JA M ES B. C LE W S, J. F R E D . P IE R S O N , J U L IA N P . F A IR C H IL D , R I C H A R D Y O U N G , JR ., D A R W I N R . J A M E S , J r ., J A M E S A . S M IT H , C H A R L E S A . P E R K IN S . FIN AN CIAL RESO U RCES Bonds and mortgages................................................................................ $17,826,255 00 Stock and bond investments, viz.: Par v a lu e S to c k s and bonds S t a t e o f N e w Y o r k ....................... S t a t e o f M a s s a c h u s e t t s ......... C it i e s in o t h e r S t a t e s ................ C it ie s in t h i s S t a t e .................... C o u n t ie s in t h is S t a t e .............. T o w n s in t h i s S t a t e ..................... R a ilr o a d m o r t g a g e b o n d s . . . $500,000 1 ,2 5 0 ,0 0 0 3 ,4 2 8 ,0 0 0 6 ,6 8 9 ,5 0 0 290,000 36,000 2 ,0 3 2 ,0 0 0 O r ig in a l cost 00 00 00 00 00 00 00 $14,225 ,500 00 $513,150 1,3 2 8 ,5 0 5 3 ,5 5 8 ,0 1 1 6 ,6 3 8 ,5 4 5 310,945 36,574 2,0 5 2 ,2 9 5 00 15 44 18 00 92 50 $14,438,027 19 E stim a te d m a rk e t v a lu e $495,000 1 ,1 7 0 ,1 0 0 3 ,4 0 4 ,0 2 0 6,4 0 4 ,2 6 5 287,000 37,440 1 ,7 3 0 ,0 1 0 00 00 00 00 00 00 00 $13,527,835 00 13,527,835 00 Banking house and lot, book value, $1,596,985.74; cost, $1,596,985.74; actual cash value................................................................... Other real estate, book value, $301,300.94; cost, $301,300.94; actual cash value..................................................................................... Cash on deposit in banks or trust companies................................. Cash on hand ............................................................................................. Total of collectible interest..................................................................... Amount of all other assets, viz.: Rents accrued......................... 1,596,985 74 301,300 4 ,5 75,3 48 10,274 341,059 390 94 60 06 10 85 $38,179,449 29 L IA B IL IT IE S Amount due depositors, viz.: P r in c i p a l ............................................................................................................. $33,736,557 28 D iv id e n d s c r e d ite d o r t o be c r e d ite d f o r t h e s ix m o n t h s e n d in g w ith D e c e m b e r 31, 1915.............................. 648,517 53 ------------------ $34,385,074 81 Other liabilities, viz.: Rent and taxes on mortgaged premises 2,817 45 Surplus on market value....................................................................... 3,7 91,5 57 03 $38,179,449 29 r ■— . ■ = Surplus on par value, $4,489,222.03. CASH TRANSACTIONS DURING THE YEA R 1915 R E C E IP T S Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... $3 ,082,676 81 From depositors, not including dividendscredited....................... 7,412,371 89 From interest on loans, deposits andinvestments.......................... 1,570,922 50 From rents from banking house........................................................... 77,942 18 From rents from other real estate...................................................... 12,037 84 From mortgages ......................................................................................... 795,895 00 From redemption of stocks and bonds................................................. 303,500 00 From all other sources, viz.: M o r t g a g e e x t e n s io n a g r e e m e n t a n d s a t i s f a c t i o n o f m o r t g a g e s ...................................................................................................... A p p r a i s a l f e e s .............................................................................................. R e f u n d a c c o u n t ............................................................................................ F ro m te n a n ts fo r a l t e r a t i o n s ...................................... R e n t r e c e iv e d f r o m m o r t g a g e d p r e m is e s ......... 5 ,5 7 9 $414 240 450 148 50 00 17 43 66 N e w Y ork C o u n ty T a x e s a n d in s u r a n c e a d v a n c e d r e f u n d e d ............................. A w a r d f r o m e le v a t e d r a i l r o a d ........................................................ m $5,142 95 523 45 ------------------ $12,499 16 $13,267,845 38 PAYM ENTS To depositors, including dividends paid to them............................. $7 ,912 ,90 6 02 For loans on bonds and mortgages..................................................... 154,500 00 For stocks and bonds purchased, including premiums, commis 283,978 57 sions, etc. (total par value, $278,000)......... ................................ For interest (other than dividend payments to depositors) . . . . 2,007 50 For current expenses of the bank, viz.: F o r s a l a r i e s .................................................................................................... For ta x e s: B a n k in g h ouse, $24,527 .68; s u r p lu s , $26,917.93 ........................................................................................................... F o r e x p e n s e s , e x c e p t t a x e s , o f b a n k in g h o u s e : R e p a ir s ........................................................................................................ I n s u r a n c e ................................................................................................... O t h e r ............................................................................................................. F o r r e n t o f b a n k in g r o o m s ................................................................. F o r exp en ses o f o th e r rea l e sta te , v iz . : R e p a ir s ........................................................................................................ I n s u r a n c e .................................................................................................. T a x e s ............................................................................................................. O t h e r ............................................................................................................. F o r o t h e r e x p e n s e s , n o t i n c lu d in g e x p e n s e s o f o t h e r r e a l e s t a t e n o r o t h e r e x p e n s e s o f b a n k in g h o u s e . . . $41,872 00 51,445 61 3,445 626 22,562 20,000 82 39 68 00 1,458 255 2,543 1,499 08 39 78 56 4,811 64 150,520 95 For real estate acquired by foreclosure, or in settlement of debts due the hank................................................................................ Other paytnents, viz.: F i t t i n g u p offices f o r t e n a n t s ............................... .......................... T a x e s a n d in s u r a n c e p r e m iu m s a d v a n c e d ......................... 169,790 21 $609 51 7,909 96 8,519 47 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. 4 585,622 66 $1 3,26 7,8 45 38 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... 31,786 Number of accounts opened or reopened during the year........... 5,134 Number of accounts closed during the year.................................... 4,610 Amount deposited during the year, not including dividends credited for that period....................................................................... $7,412,371 89 Amount withdrawn during the year................................................... 7,912,9 06 02 Amount of dividends credited and paid for the year, viz.: J u ly 1, 1915 ....................................................................................................... J a n u a r y 1, 1916 .............................................................................................. $639,485 68 648,517 53 1,288,0 03 21 Average amount of each account January 1, 1916...................... 1,081 76 Number of accounts which exceeded $3,000, exclusive of div idends credited, at the last trial balance of depositors’ ledgers, except deposits arising from society accounts, or judicial sales, or trust funds, or by order of a court of record or of a surrogate....................................................................... 6 Total amount of such accounts.............................................................. $18,552 81 Rate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................................ 4 Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... 4 Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................ $1 ,653 ,91 8 78 Total expenses of the bank for the year 1915.*............................... 150,520 95 Dividends paid to depositors for the year 1915............................. 1,2 88,0 03 21 Net earnings for the year 1915 over expenses and dividends paid to d e p o s i t o r s ....................................................... 215,394 62 178 R epoet on S avin g s B a n k s 70. E M IG R A N T IN D U S T R IA L S A V IN G S BANK, N EW YORK C IT Y [51 C h a m b e r s s t r e e t ; in c o r p o r a t e d 1850] T H O M A S M . M U L R Y , P r e s id e n t . M Y L E S T I E R N E Y , V i c e -P r e s . M I C H A E L J . D R U M M O N D . V i c e -P r e s . J O H N J . P U L L E Y N , C o m p t r o lle r . L O U I S V . O ’ D O N O H U E , S e creta ry . TRUSTEES L . V . O ’D O N O H U E , C. V . F O R N E S , JA M E S G. JO H N SO N , M Y L E S T IE R N E Y , M . J. D R U M M O N D , JO SEPH P. GRACE, TH OS. M. M U LR Y, M. F. M CDERM OTT, JAM ES C LAR K E, F R A N K S. G A N N O N , J O H N J. P U L L E Y N , J O H N G. O ’K E E F F E , H E N R Y H E ID E , W IL L IA M H A R K N E S S , JO H N J. D E E R Y , SAM UEL ADAM S, JO H N D. R YA N , TH OM AS E. M URRAY, F . F. F IT Z P A T R IC K . FIN AN CIAL RESOURCES Bonds and mortgages........................................ Stock and bond investments, viz.: S to c k s and Par v a lu e to n d s S t a t e o f N e w Y o r k ....................... $7,100,000 00 S t a t e o f A l a b a m a ..................... 1 ,000,000 00 S t a t e o f A r iz o n a ..................... 250,000 00 S t a t e o f C a li f o r n ia ..................... 280,000 00 S t a t e o f M a s s a c h u s e t t s .......... 1,5 8 2 ,0 0 0 00 S t a t e o f N e w M e x i c o .................. 250,000 00 C it ie s in o t h e r S t a t e s ................ 5 ,5 9 7 ,3 2 6 00 C it ie s in t h is S t a t e .................... 1 2 ,064,750 00 C o u n t ie s in t h is S t a t e ................ 1 ,3 6 0 ,2 0 8 66 T o w n s in t h i s S t a t e ..................... 833,884 57 V i l l a g e s i n t h is S t a t e ................ 326,000 00 R a ilr o a d m o r t g a g e b o n d s . . . 33,800,696 96 $64,444,866 19 $8 0,660,580 00 O r ig in a l cost $7,311,712 1,0 6 8 ,0 9 8 252,721 269,288 1,7 4 3 ,5 1 0 251,875 5,746,787 12,834,223 1,4 2 6 ,2 1 6 870,905 337,174 35,402,347 E s tim a te d m a r k e t v a lu e 11 62 75 83 00 00 60 49 77 68 97 91 $67,514,862 73 $7,312,000 1 , 000,000 260,000 270,770 1 ,4 6 4 ,1 6 0 252,500 5 ,5 0 5 ,2 1 2 1 2 ,525,525 1 ,4 3 1 ,5 3 1 867,428 323,880 32,974,599 00 00 00 00 00 00 66 00 18 01 00 08 $64,187,605 93 — — = -— — -— -------= 64,1S7,605 93 Banking bouse and lot, book value, $3,700,000; cost, $4,441,636.33; actual cash value................................................................... 3 ,7 0 0 ,0 0 0 00 Other real estate, book value, $1,111,889.21; cost, $1,111,889.21; actual cash value..................................................................................... 963,000 00 6,5 51,6 43 27 Cash on deposit in banksor trust companies................................... Cash on hand .............................................................................................. 891,251 24 Total of collectible interest..................................................................... 2,1 6 1 ,8 5 5 53 Amount of all other assets, viz.: New York State barge canal judgments ................................................................................................ 26,003 46 $159,141,939 43 . L IA B IL IT IE S Amount due depositors, viz.: P r in c ip a l ........................................................................................................... $145,778,566 67 D iv id e n d s c r e d ite d o r t o b e c r e d ite d f o r t h e s ix m o n t h s e n d in g w i t h D e c e m b e r 31, 1915 ............................. 2 ,7 7 8 ,8 3 1 71 ------------------ $148,557,398 38 Surplus on market value......................................................................... 10,584,541 05 $159,141,939 43 Surplus on par value, $10,841,801.31. CASH TRANSACTIONS DURING THE YEA R 1915 R E C E IP T S Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... $7,052,956 41 From depositors, not including dividends credited......................... 33 ,205,884 93 From interest on loans, deposits and investments......................... 6,5 18,0 92 7 0 From re n ts fro m b a n k in g h o u se ................................................................... 1 6 7 ,4 5 9 42 N e w Y oek C o u n ty From From From From From 179 rents from other real estate..................................................... mortgages ......................................................................................... redemption of stocks and bonds............................................... stocks and bonds sold (total par value, $2,180,219) . . . . real estate sold.................................................................................. $15,331 1,956,965 96,500 2,2 3 1 ,6 2 7 6,012 16 00 00 51 59 $51,250,829 72 PAYM ENTS To depositors, including dividends paid to them........................... $29,247,777 For loans on bonds and mortgages..................................................... 7,0 8 1 ,7 0 0 For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $6,995,875.34).................................... 6,S 48,371 For interest (other than dividend payments to depositors) 61,972 For current expenses of the bank, viz.: F o r s a l a r i e s .................................................................................................... For ta x e s: B a n k in g ho u se, $58,164.95 ; s u r p lu s , $41,124.28 .......................................................................................................... F o r e x p e n s e s , e x c e p t t a x e s , o f b a n k in g h o u s e : R e p a ir s ...................................................................................................... I n s u r a n c e .................................................................................................. O t h e r ........................................................................................................... F o r e x p e n se s o f o th e r re a l e s ta te , v i z . : R e p a ir s ....................................................................................................... I n s u r a n c e ..................... T a x e s ........................................................................................................... O th e r ........................................................................................................... F o r o t h e r e x p e n s e s , n o t in c lu d in g e x p e n s e s o f o t h e r r e a l e s t a t e n o r o t h e r e x p e n s e s o f b a n k in g h o u s e . . 07 00 34 85 $177,845 72 99,289 23 18,597 01 2,061 25 77,988 55 17,448 1,825 29,575 11,022 00 90 20 20 34,699 67 470,352 73 Other payments, viz.: A c c i d e n t l i a b i li t y j u d g m e n t ............................................................... F o r g e d d r a f t s ................................................................................................ N e w Y o r k S t a t e b a r g e c a n a l j u d g m e n t p u r c h a s e d .. $71,099 14 658 62 26,003 46 97,761 22 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. 7,4 4 2 ,8 9 4 51 $51,250,829 72 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... 165,572 Number of accounts opened or reopened during the year........... 28,902 Number of accounts closed during the year.................................... 20,546 Amount deposited during the year, not including dividends credited for that period....................................................................... $33,205,884 93 Amount withdrawn during the year................................................... 29,247,777 07 Amount of dividends credited and paid for the year, viz.: J u ly 1, 1915 ....................................................................................................... $2,689,444 36 J a n u a r y 1, 1916 .............................................................................................. 2,7 7 8 ,8 3 1 71 ------------------ 5,4 68,2 76 Average amount of each account January 1, 1916........................ 897 Rate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................................ Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. $ 6 ,711 ,12 0 Total expenses of the bank for the year 1915................................. 470,352 Dividends paid to depositors for the year 1915............................. 5,4 68,2 76 Net earnings for the year 1915 over expenses and dividends paid to depositors ................................................................................ 772,491 07 23 4 4 04 73 07 24 180 B eport on S avin gs B a n k s 71. E M P IR E C IT Y S A V IN G S BANK, NEW YORK C IT Y [231 W e s t 125th s t r e e t ; in c o r p o r a t e d 1889] J O H N B E A V E R , P r e s id e n t . J O H N I I . L O O S , V i c e -P r e s i d e n t . J . C . W A T S O N , V i c e -P r e s i d e n t . A . S. V A N W I N K L E , S e creta ry . H O W A R D C . M U R P H Y , A s s t . Secy. TRUSTEES W IL L IA M M O O R E S, JO H N H . LOO S, B. G . M IT C H E L L , JOH N B EAV ER , AR TH U R E. WOOD, E. H . H A M IL T O N , W IL L IA M T . K O C H , J. C . W A T S O N , JO H N B O T T O M L E Y , G E O . II. T A Y L O R , E D W A R D L. YO U N G , R IC H A R D E . C O C H R A N , LYM AN T. DYER, CHAS. W . DAYTON, ALBE R T E. M ERRALL, CARL A. KOELSCH . FIN AN CIAL RESO U RCES Bonds and mortgages............................................... Stock and bond investments, viz.: Par v a lu e Stocks and bonds C it i e s in o t h e r S t a t e s ................ C it i e s in t h is S t a t e ....................... C o u n t ie s in t h i s S t a t e ............ T o w n s in t h is S t a t e .................... V i l l a g e s in t h is S t a t e ................ S c h o o l d i s t r i c t s in t h i s S t a t e R a i lr o a d m o r t g a g e b o n d s ____ $177,584 398,500 158,000 75,000 41,400 50,500 354,000 ,903,750 00 O r ig in a l cost 00 00 00 00 00 00 00 $1,254,984 00 $184,946 400,593 161,106 75,597 41,943 51,178 393,703 96 85 80 38 97 30 70 $1,309,070 96 E stim a te d m a r k e t v a lu e $183,379 368,235 159,860 76,050 43,392 50,550 373,390 64 00 00 00 00 00 00 $1,254,856 64 — ====== — — Other real estate, book value, $159,295.89; cost, $162,445.38; actual cash value ................................................. .............................. Cash on deposit in banks or trust companies.................................... Cash on hand ..................... ........................................................................ Total of collectible interest..................................................................... Amount of all other assets, viz.: Rents accrued........................... 1,254,856 64 159,295 455,073 8,683 34,818 160 89 69 37 15 25 $4,816,637 99 L IA B IL IT IE S Amount due depositors, viz.: P r in c ip a l ............................................................................................................$4,490,284 72 D iv id e n d s c r e d ite d o r t o b e c r e d ite d f o r t h e s ix m o n t h s e n d in g w ith D e c e m b e r 31, 1915............................. 70,375 41 ------------------ $4 ,560 ,66 0 13 Surplus on market value....................................................................... 255,977 86 $4 ,816,637 99 ~ " ■ ~ -~ Surplus on par value, $256,105.22. CASH TRANSACTIONS DURING THE YEA R 1915 R E C E IP T S Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividends credited......................... From interest on loans, depositsand investments................... From rents from banking house.......................................................... From rents from other real estate...................................................... From mortgages ......................................................................................., From redemption of stocks and bonds............................................... From real estate sold............................................................................... From all other sources, viz.: R e b a t e on fire i n s u r a n c e ........................................................................ I n s u r a n c e p r e m iu m s a d v a n c e d r e f u n d e d ........................... $351,296 1,740,944 214,000 585 12,189 105,300 57,696 86,000 17 49 04 00 05 00 00 00 $34 96 446 45 ------------------ 4S1 41 $2 ,568,492 16 N e w Y ork C o u n t y 181 PAYM ENTS To depositors, including dividends paid to them............................. $1 ,645 ,39 2 09 For loans on bonds and mortgages..................................................... 288,000 00 For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $3 7,00 0)............................................ 44,257 77 For interest (other than dividend payments to depositors) .. . 135 66 For current expenses of the bank, viz.: F o r s a la r i e s .............................................................. F o r t a x e s : B a n k i n g h o u s e , $ 1,121.70; s u r p lu s , $1,994.45 F o r e x p e n s e s , e x c e p t t a x e s , o f b a n k in g h o u s e : R e p a i r s ......................................................................................................... I n s u r a n c e .................................................................................................. F o r r e n t o f b a n k in g r o o m s ..................................................................... F o r e x p e n se s o f o th e r r e a l e s ta te , v i z . : R e p a i r s ......................................................................................................... I n s u r a n c e .................................................................................................. T a x e s ............................................................................................................. O t h e r ............................................................................................................. F o r o t h e r e x p e n s e s , n o t i n c lu d in g e x p e n s e s o f o t h e r r e a l e s t a t e n o r o t h e r e x p e n s e s o f b a n k in g h o u s e . . . $18,418 32 3,116 15 201 19 130 63 2 ,310 00 2,719 196 3,'284 3,870 92 39 14 07 6,172 81 40,419 62 For real estate acquired by foreclosure or in settlement of debts due the bank.............................................................................. Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 86,529 96 463,757 06 $2 ,568,492 16 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... 16,413 Number of accounts opened or reopened during the year........... 4,576 Number of accounts closed during the year.................................... 4,286 Amount deposited during the year, not including dividends credited for that period....................................................................... $1 ,740 ,94 4 49 Amount withdrawn during the year................................................... 1,6 45,392 09 Amount of dividends credited and paid for the year, v iz.: J u ly 1, 1915 ....................................................................................................... J a n u a r y 1, 1916 .............................................................................................. C r e d it e d a t o t h e r p e r io d s ..................................................................... $68,619 15 70,375 41 6 28 -----------------Average amount of each account January 1, 1916.................... Number of accounts which exceeded $3,000, exclusive of div idends credited, at the last trial balance of depositors’ ledgers, except deposits arising from society accounts, or judicial sales, or trust funds, or by order of a court of record or of a surrogate............................................................ .. Total amount of such accounts.............................................................. Rate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................................ Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915.................................... Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors ................................................................................ 139,000 84 277 87 1 $3,423 39 3 V2 3% $217,928 05 40,419 62 139,000 84 38,507 59 182 R eport on S avin g s B a n k s 72. E X C E L S IO R S A V IN G S B A N K , N E W Y O R K C IT Y [79 W e s t T w e n t y -t l n r d s t r e e t ; i n c o r p o r a t e d 1869] W I L L I A M J . R O O M E , P r e s id e n t . W I L L I A M H . B A R R O N , V i c e -P r e s . J O H N B U R K E , V i c e -P r e s i d e n t . JO H N C. ARTHUR G R I S W O L D . S e creta ry . P L A G E , A s s t. Secy. TRUSTEES J O H N C. HENRY D W IL L IA M W IL L IA M G U L IC K , A Z IA N , H. BARRO N . J. R O O M E , JOH N B U R K E , R O B E R T J. H O R N E R , W IL L IA M C R A W F O R D , E P H R A IM M . Y O U M A N S. H EN RY D. BREW STER. B E N J . A . H E G E M A N , J r ., C L A R E N C E P R IC E . M IC H A E L C O L E M A N , S. S. D e L A N O , FIN AN CIAL R ESO U RCES Bonds and mortgages................................................................................ $9, 110, 225 00 Stock and bond investments, v iz.: S to c k s and bonds Par v a lu e O r ig in a l cost S t a t e o f N o r t h D a k o t a .............. State o f N e w M e x ic o .............. S t a t e o f L o u i s i a n a ......................... S t a t e o f O k l a h o m a ......................... S t a t e o f C a l i f o r n i a ....................... C it i e s in o t h e r S t a t e s ............ C it i e s in t h is S t a t e ..................... C o u n t ie s in t h is S t a t e .............. T o w n s in t h is S t a t e .................. V i l l a g e s in t h is S t a t e ................ S c h o o l d i s t r i c t s in t h i s S t a t e R a i lr o a d m o r t g a g e b o n d s . . . . $10,000 00 168,000 00 250,000 00 250,000 00 300,000 00 1 ,5 6 0 ,0 0 0 00 312,500 00 68,500 00 184,000 00 337,707 66 311,500 00 1 ,8 1 5 ,4 0 0 00 $10,686 173,873 244,649 253,773 287,095 1,639,607 309,786 69,587 206,112 357,599 320,713 1,9 4 7 ,1 8 6 $5,567,607 66 E s tim a te d m a rk e t v a lu e 00 38 80 55 64 98 37 95 18 55 94 46 $5,820,672 80 $9,900 176,400 263,900 252,500 283,100 1 ,6 1 0 ,2 6 0 307,585 68,190 196,535 346,795 316,210 1 ,6 9 4 ,6 7 2 00 00 00 00 00 00 00 00 00 50 00 00 $5,526,047 50 ------------- -- - - — - ------ = -= Other real estate, book value, $211,463.68; cost, $210,564.97; actual cash value.................................................................................. Cash on deposit in banks or trust companies................................. Cash on hand................................................................................................ Total of collectible interest..................................................................... 5,5 2 6 ,0 4 7 50 210,564 940,525 39,433 222, 089 97 79 97 50 $16,048,886 73 L IA B IL IT IE S Amount due depositors, viz.: P r i n c i p a l ............................................................................................................. $15,010,977 67 D iv id e n d s c r e d ite d o r t o b e c r e d ite d f o r t h e s ix m o n t h s e n d in g w it h D e c e m b e r 31, 1915................................ 281,274 70 ------------------ $15,292,252 37 Surplus on market value.......................................................................... 756,634 36 $16,048,886 73 Surplus on par value, $798,194.52. CASH TRANSACTIONS DURING THE YEA R 1915 R E C E IP T S Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividends credited...................... From interest on loans, deposits and investments......................... From rents from other real estate................................................... From mortgages ......................................................................................... From redemption of stocks and bonds............................................... From all other sources, viz.: S m a l l s a f e .................................................................................................................. I n s u r a n c e a c c o u n t ............................................................................................. S a le o f o ld s t e e l c a s e .............................................................................. P r e m iu m s r e t u r n e d o n c a n c e lle d i n s u r a n c e ....................... E x c h a n g e ..................................................................................................................... $9149 65047 10 00 41 19 516 46 $824, 772 4 ,5 47,4 28 725,149 14,262 405, 100 287,400 95 41 33 66 00 00 N ew Y ork 183 County B a c k r e n t s t u r n e d in b y r e c e iv e r ............................................. R e a l e s t a t e a c c o u n t ................................................................................. E x p e n s e a c c o u n t .......................................................................................... F i r e in s u r a n c e lo s s e s .............................................................................. P r o f it a n d l o s s a c c o u n t .......................................................................... $2,985 333 40 1,800 10 36 15 00 00 00 $6,478 12 $6 ,810,591 47 PAYM ENTS To depositors, including dividends paid to them............................. $4, 214, 396 60 For loans on bonds and mortgages...................................................... 992,000 00 For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $384,000).................................. 398,138 12 For interest (other than dividend payments to depositors).. 6,4 40 76 For current expenses of the bank, viz.: F o r s a la r i e s ..................................................................................................... F o r t a x e s : S u r p lu s ................................................................................... F o r exp en se, excep t ta x e s, o f b a n k in g h ou se: R e p a ir s ............................................................................................................ F o r r e n t o f b a n k in g r o o m s ................................................................. F o r exp enses o f o th e r re a l e sta te , v i z . : R e p a ir s ........................................................................................................ I n s u r a n c e .................................................................................................. T a x e s ............................................................................................................. O th e r ............................................................................................................. F o r o t h e r e x p e n s e s , n o t i n c lu d in g e x p e n s e s o f o t h e r re a l e s ta te n o r o th e r e x p e n se s o f b a n k in g h o u s e .. $39,555 18 4 ,980 92 76 36 9 ,250 00 6,570 1 ,648 3 ,2 4 0 2,825 60 80 09 90 8,218 01 76,365 86 For real estate acquired by foreclosure, or in settlement of debts due the bank .............................................................................. Other payments, viz.: P r o fit a n d l o s s , a c c o u n t t e l le r ’ s c a s h ...................................... F i r e in s u r a n c e lo s s e s a p p lie d o n f o r e c lo s e d m o r t g a g e I n s u r a n c e a c c o u n t ..................................................................................... 141, 034 50 $25 90 1 ,8 0 0 00 429 97 2,2 55 87 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 979,959 76 $6,810,591 47 STATISTICAL INFORMATION Number of open accounts January 1, 1916.................................... 28, 196 Number of accounts opened or reopened during the year......... 5, 280 Number of accounts closed during the year.................................... 4, 385 Amount deposited during the year, not including dividends credited for that period ..................................................................... $4,547,428 41 Amount withdrawn during the year............................................... 4 ,2 1 4 ,3 9 6 60 Amount of dividends credited and paid for the year, v iz.: J u ly 1, 1915 ....................................................................................................... J a n u a r y 1, 1916.............................................................................................. $274,857 92 281,274 70 Average amount of each account January 1, 1916......................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915 ......................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915 ................................................................. Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915.................................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors ................................................................................ 556,132 62 542 34 4 4 $734,306 70 76,365 S6 556,132 62 101,808 22 184 R eport on S avin g s B a n k s 73. F R A N K L IN S A V IN G S B A N K , N E W Y O R K C IT Y [656—658 E i g h t h a v e n u e ; in c o r p o r a t e d 1860] W IL L IA M JO H N D. W IL L IA M G . C O N K L I N , P r e s id e n t . J. E D G A R L E A Y C R A F T . T reasu rer R O B I N S O N , V i c e -P r e s i d e n t . II. W . N O R D E L L , S e creta ry . H . V A N K L E E C K , V i c e - P r e s i d e n t . W A L T E R F . D E X T E R , C o m p t r o lle r . TRUSTEES J O H N D . R O B IN S O N , W M . H. VAN K LEECK, BER NARD KARSCH, JA M E S G. CAN N O N , J. E D G A R L E A Y C R A F T , W IL L IA M G. C O N K L IN , W I L S O N M . P O W E L L , J r ., H O W A R D C. S M IT H , CHARLES A. W ALKER , W IL L IA M H . P O R T E R , STUART DUNCAN, GARDNER W ETH ER BEE, W M . C. M U S C H E N H E I M , T. F R A N K M A N V IL L E , JO H N I. D O W N E Y , S IM E O N F O R D , W A L L A C E R E ID . FIN AN CIAL R ESO U RCES Bonds and mortgages............................................... Stock and bond investments, viz.: Par v a lu e S tocks and bonds S ta te o f S ta te o f S ta te o f S ta te o f S ta te o f S ta te o f S ta te o f C it i e s in C it i e s in C o u n t ie s R a ilr o a d N e w Y o r k .................. C a li f o r n ia .................... D e la w a r e ....................... I d a h o ................................ M a s s a c h u s e t t s ......... O k la h o m a ..................... W a s h i n g t o n ................ o t h e r S t a t e s ................ t h i s S t a t e ....................... in t h i s S t a t e ............ m o r t g a g e b o n d s ____ $625,000 150,000 78,000 130,000 550,000 50,000 25,000 3 ,1 6 9 ,6 0 0 2,8 2 6 ,1 1 8 1 ,0 9 6 ,0 0 0 1 ,5 5 5 ,0 0 0 $13,241,000 00 O r ig in a l cost 00 00 00 00 00 00 00 00 42 00 00 $10,254,718 42 $648,005 142,605 80,340 133,477 596,145 51,003 24,562 3 ,2 9 7 ,9 4 0 2,934,287 1,1 2 1 ,8 1 4 1,6 5 1 ,6 0 5 E s tim a te d m a r k e t v a lu e 00 00 00 50 35 06 50 56 41 27 69 $10,681,786 34 $644,750 142.500 76,440 130,100 515.500 50,500 24,750 3,1 7 4 ,8 0 4 2,8 2 7 ,2 0 7 1 ,0 8 6 ,2 7 0 1 ,4 4 2 ,8 7 0 00 00 00 00 00 00 00 00 42 00 00 $10,115,691 42 — — - - - - ■ $10,115,691 Banking house and lot, book value, $200,000; cost, $441,692.66; actual cash value..................................................................................... 200,000 Other real estate, book value, $100,369.98; cost, $100,369.98; actual cash value.................................................................................. 100,369 1,7 3 5 ,5 2 3 Cash on deposit in banks or trust companies................................. 72,038 Cash on hand ............................................................................................. Total of collectible interest..................................................................... 391,898 Amount of all other assets, viz.: Rents accrued......................... 477 $25,856,999 42 00 98 84 32 39 66 61 L IA B IL IT IE S Amount due depositors, viz.: P r in c ip a l ............................................................................................................. $23,510,118 28 D iv id e n d s c r e d ite d o r t o b e c r e d ite d f o r t h e s ix m o n t h s e n d in g w ith D e c e m b e r 31, 1915.............................. 381,945 12 ------------------$23,892,063 Surplus on market value....................................................................... 1,9 64,936 $25,856,999 Surplus on par value, $2,103,963.21. 40 21 61 ■■ ■ CASH TRANSACTIONS DURING THE YEA R 1915 R E C E IP T S Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... $1 ,421,839 01 6,3 05,6 95 44 From depositors, not including dividends credited........................ From interest on loans, deposits and investments........................ 1,113,761 39 From rents from other real estate........................................................ 5,545 81 From mortgages ......................................................................................... 161,600 00 From redemption of stocks and bonds............................................... 390,779 42 From stocks and bonds sold (total par value, $50,00 0)................ 49,750 00 From loans paid......................................................................................... 50,000 00 From real estate sold................................................................................ 24,522 86 From all other sources, viz.: On account of purchase price on sale of other real estate..................................................................... 500 00 $9 ,523 ,99 3 93 N e w Y ork C o u n ty 185 PAYM EN TS To depositors, including dividends paid to them........................... $6,517,551 46 For loans on bonds and mortgages........................................................ 566,500 00 For loans on stocks and bonds and other securities.................... 50,000 00 For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $457,138.72)............................. 468,998 75 For interest (other than dividend payments to depositors) . . . 5,009 62 For current expenses of the bank, viz.: F o r s a la r ie s ..................................................................................................... For ta x e s: B a n k in g ho u se, $7,107.85 ; s u r p lu s , $7,822.59 ; o n m o r t g a g e s , $234........................................................ F o r ex p en ses, excep t ta x e s, o f b a n k in g h o u s e : R e p a ir s ............................................................................................................. F o r e x p e n s e s o f o t h e r r e a l e s t a t e , v iz . : R e p a ir s ........................................................................................................ I n s u r a n c e .................................................................................................. T a x e s ............................................................................................................. F o r o t h e r e x p e n s e s , n o t i n c lu d in g e x p e n s e s o f o t h e r r e a l e s t a t e n o r o t h e r e x p e n s e s o f b a n k in g h o u s e . . . $51,785 00 15,164 44 469 58 4,625 11 117 73 1 ,668 71 10,807 16 84,637 73 For real estate acquired by foreclosure, or in settlement of debts due the bank................................................................................ Other payments, viz.: P a y m e n t o n a c c o u n t o f p u r c h a s e p r ic e o n o t h e r r e a l e s t a t e r e f u n d e d ....................................................................................... F o r g e r y c la im ................................................................................................ 22,583 94 $1,000 00 150 27 1,150 27 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. 1,807,5 62 16 $9 ,523 ,99 3 93 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... 54,501 Number of accounts opened or reopened during the year........... 9,315 Number of accounts closed during the year...................................... 8,504 Amount deposited during the year, not including dividends credited for that period....................................................................... $6 ,305,695 44 Amount withdrawn during the year................................................... 6,517,551 46 Amount of dividends credited and paid for the year, viz.: J u ly 1, 1915 ....................................................................................................... J a n u a r y 1, 1916 ............................................................................................ C r e d it e d a t o t h e r p e r io d s ...................................................................... $379,156 34 381,945 12 8 97 P a id $761,110 43 29 37 but not c r e d ite d 1............................................................................ -----------------761,081 06 Average amount of each account January 1, 1916......................... 438 38 Number of accounts which exceeded $3,000, exclusive of interest credited, at the last trial balance of depositors’ ledgers, except deposits arising from society accounts, or judicial sales, or trust funds, or by order of a court of record or of a surrogate......................................................................................... 1 Total amount of such accounts............................................................ $3,001 00 Rate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................................ 3 Y2 Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... 3y2 Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................... $ 1 ,093 ,99 0 29 Total expenses of the bank for the year 1915.................................. 84,637 73 Interest paid to depositors for the year 1915................................. 761,081 06 Net earnings for the year 1915 over expenses and interest paid to depositors ........................................................................................... 248,271 50 R eport on S avin gs B a n k s 186 74. G E R M A N S A V IN G S B A N K IN T H E C IT Y OF N E W Y O R K [157 F o u r t h avenue; C A R L G O P E L , V i c e -P r e s i d e n t . E D W . C . S C H A E F E R , V i c e -P r e s i d e n t . A D O L F K O P P E L , T reasu rer. in c o r p o r a t e d 1859] C H A S . W . M U H L H A U S E N , C o m p t r o lle r . A D O L P H R E P P E R T , C a s h ie r . T H E O . S C H O R S K E , S e cre ta ry . TRUSTEES G U STAV SCH W AB, D ALLAS B. PRATT, JAM ES SPEYER, E D W . C. S C H A E F E R , R. S IE D E N B U R G , F R IT Z A C H E L IS , D. SCH NAKENBERG , ALBER T TAG. AUGUST ZINSSER. J r ., i?A . PAGENSTECHER, H W ILLIA M SCHALL, Ju., f F. T. FLEITM ANN, b RUDOLPH K E P PL E R , 'f JOSEPH F. STILLM AN, ERNST PFARRIU S, Si* RUDOLPF ERBSLOH. L O U IS W A T J E N , T H O M A S F. V IE T O R , G E O R G E S. R U N K , GEORGE LE ASE, CARL GOEPEL, O. F. Z O L L IK O F F E R , ADOLF KUTTROFF, H U B E R T C IL L IS , FIN AN CIAL RESOURCES Bonds and mortgages............................................ Stock and bond investments, viz.: Par v a lu e S tocks and bonds S t a t e o f N e w Y o r k ..................... $ 1 ,622,000 00 S t a t e o f M a s s a c h u s e t t s ........ 2 ,1 5 0 ,0 0 0 00 S t a t e o f S o u t h C a r o l i n a ........ 500,000 00 500,000 00 S t a t e o f A l a b a m a ...................... S t a t e o f M a r y l a n d .................... 300,000 00 1 ,0 0 0 ,0 0 0 00 S t a t e o f C a li f o r n ia .................. S t a t e o f O k la h o m a ................... 300,000 00 C it ie s in o t h e r S t a t e s ............... 8 ,1 1 3 ,7 5 0 00 C it ie s in t h i s S t a t e ...................... 5 ,4 9 4 ,0 0 0 00 R a ilr o a d m o r t g a g e b o n d s ____ 21,378,000 00 $41,357,750 00 $51,527,268 00 O r ig in a l cost $1,712,909 2 ,320,409 507,500 546,200 286,610 935,000 305,174 8,4 8 7 ,2 1 5 5,5 9 9 ,3 9 4 22,187,994 E s tim a te d m a rk e t v a lu e 38 50 00 00 00 00 90 19 02 80 $42,888,407 79 $1 ,6 9 8 ,9 4 0 1 ,9 8 3 ,5 0 0 505.000 500.000 287.000 940.000 303.000 8 ,0 3 6 ,6 3 7 5 ,3 3 7 ,7 2 0 1 9 ,409,970 00 00 00 00 00 00 00 50 00 00 $39,001,767 50 — = — ' : ■■ ■ — - : 39,001,767 50 Banking house and lot, book value, $898,842.30; cost, $1,408,331.08; actual cash value................................................................... 898,842 30 Other real estate, book value, $315,580.15; cost, $315,580.15; actual cash value ................................................................................ 315,580 15 Cash on deposit in banks or trust companies.................................. 6,8 00,9 95 05 Cash on hand .............................................................................................. 1,631,3 23 81 Total of collectible interest................................................................... 1,147,437 31 Amount of all other assets, viz.: New York State barge canal judgm ents................................................................................................. 45,497 79 $101,368,711 91 L IA B IL IT IE S Amount due depositors, viz.: P r in c i p a l ............................................................................................................ $91,720,428 78 D iv id e n d s c r e d ite d o r t o b e c r e d ite d f o r t h e s ix m o n t h s e n d in g w it h D e c e m b e r 31, 1915............................. 1 ,7 3 7 ,2 0 6 41 ------------------ $93,457,635 19 Surplus on market value ..................................................................... 7,911,0 76 72 $101,368,711 91 Surplus on par value, $10,267,059.22. CASH TRANSACTIONS DURING THE YEA R 1915 R E C E IP T S Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................ $6 ,280,884 From depositors, not including dividends credited........................ 20 ,551 ,41 2 From interest on loans, deposits andinvestments........................... 4 ,3 31,5 55 From rents from banking house.......................................................... 35,491 From rents from other real estate..................................... 30,084 44 70 89 46 55 N e w Y oke C o u n t y From From From From 187 mortgages ............................................................................ stocks and bonds sold (total par value, $500,000) real estate sold..................................................................... all other sources, viz.: E x c e s s r e c e ip t s in f o r e c lo s u r e p r o c e e d in g s ....................... D e fic ie n c y j u d g m e n t ................................................................................. S e t t le m e n t o f d e fic ie n c y c la im o n la n d c o n t r a c t ......... $1 ,441 ,49 2 00 508,000 00 53,500 00 $2,269 69 162 26 200 00 2,631 95 $33,235,052 99 PAYM EN TS To depositors, including dividends paid to them...........................$22,320,061 For loans on bonds and mortgages..................................................... 1,182,042 For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $700,000)................................. 707,000 For interest (other than dividend payments to depositors).. 8,325 For current expenses of the bank, viz.: F o r s a la r i e s ..................................................................................................... For ta x e s: B a n k in g ho u se, $14,233.72 ; s u r p lu s , $66,758.57 .......................................................................................................... F o r e x p e n s e s , e x c e p t t a x e s , o f b a n k in g h o u s e : R e p a ir s .......................................................... I n s u r a n c e .................................................................................................. O t h e r ............................................................................................................ F o r e x p e n se s o f o th e r r e a l e s ta te , v i z . : R e p a ir s ........................................................................................................ I n s u r a n c e .................................................................................................. T a x e s ............................................................................................................. O t h e r ............................................................................................................ F o r o t h e r e x p e n s e s , n o t i n c lu d in g e x p e n s e s o f o t h e r r e a l e s t a t e n o r o t h e r e x p e n s e s o f b a n k in g h o u s e . . 51 00 00 52 $119,357 72 80,992 29 1 ,176 14 642 55 10,821 67 21,199 1,355 18,952 10,889 99 74 35 87 28,918 99 294,307 31 For real estate acquired by foreclosure, or in settlement of debts due the bank .............................................................................. Other payments, viz.: C o m m is s io n o n s a le o f r e a l e s t a t e ............................................. N e w Y o r k S t a t e b a r g e c a n a l j u d g m e n t s p u r c h a s e d .. 238,000 00 $1,500 00 45,497 79 46,997 79 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. 8,432,3 18 86 $33,235,052 99 STATISTICAL INFORMATION" 153,010 Number of open accounts January 1, 1916............. ........................ 20,944 Number of accounts opened or reopened during the y e a r .... 22,162 Number of accounts closed during the year.................................... Amount deposited during the year, not including dividends $20,551,412 70 credited for that period.......................................................... .. Amount withdrawn during the year................................................. 22,326 ,06 1 51 Amount of dividends credited and paid for the year, viz.: J u ly 1, 1915 .................................................................................................... $1,727,041 74 J a n u a r y 1, 1916 ............................................................................................ 1 ,737,206 41 3.464.2 48 15 610 78 Average amount of each account January 1, 1916.............. Rate per cent, of dividends to depositors during the six 4 months ending June 30, 1915............................................................ Rate per cent, of dividends to depositors during the six 4 months ending December 31, 1915................................................. Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. $4,359,593 88 Total expenses of the bank for the year 1915............................... 294,307 31 Dividends paid to depositors for the year 1915............................. 3.4 64.2 48 15 Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................. ............. 601,038 42 R eport on S avin g s B a n k s 188 75. THE G R E E N W IC H S A V IN G S B A N K , N E W [246—248 S i x t h avenue; J A M E S Q U I N L A N , P r e s id e n t . D A V I D M . M O R R I S O N , V i c e -P r e s i d e n t . C H A R L E S M . D U T C H E R , T reasu rer. C H A R L E S L. S E IB E R T . A s s t. T reas. Y O R K C IT Y in c o r p o r a t e d 1833] F . E U G E N E C O B B , A ssis ta n t T reasu rer. B O S T O N P E L L , C o m p t r o lle r . L . D. Q U A C K E N B U S H , A s s t . C o m p t r o lle r . TRUSTEES L O W E L L L IN C O L N , E D W A R D N. T A IL E R , D A V ID M . M O R R IS O N , J A M E S Q U IN L A N , W M . R. ST E W A R T , B. A Y M A R SA N D S, L. K . W IL M E R D IN G , C H A S . D . D IC K E Y , T H E O . F . W H IT M A R S II, B R A D IS II JO H N SO N , C A R L S C IIE F E R , C H A S. F. H O F F M A N , FR AN K H. DODD, J O H N II. R H O A D E S , A R T H U R I S E L IN , F R A N C I S M . B A C O N , J u ., WM. WOODW ARD, GEORGE BLAGDEN, H E N R Y C. S W O R D S . ALLEN W ARDW ELL, E D W IN S. M A R S T O N , E D W IN G. M E R R IL L , W . DE L. K O U N TZE , A L B E R T H . W IG G IN , G A T E S W . M cG A R R A II, A R C H IB A L D D. R U S S E L L , B . O G D E N C H IS O L M . TH O M A S W . SLOCUM , FIN AN CIAL R ESO U RCES Bonds and mortgages..............................................................................$35,890,150 00 Stock and bond investments, viz.: Par S to c k s and bonds v a lu e S t a t e o f N e w Y o r k ...................... $550,000 S t a t e o f M a s s a c h u s e t t s ........ 2,2 0 0 ,0 0 0 S t a t e o f R h o d e I s l a n d ............. 295,000 S t a t e o f M is s o u r i ...................... 50,000 500,000 State o f T e n n e s s e e .................. S t a t e o f C a li f o r n ia .................. 300,000 C it ie s in o t h e r S t a t e s ................ 6 ,6 1 1 ,9 0 0 C it ie s in t h i s S t a t e ...................... 4,5 9 7 ,8 5 4 R a ilr o a d m o r t g a g e b o n d s ____ 19,789,000 00 00 00 00 00 00 00 27 00 $34,893,754 27 O r ig in a l cost $600,053 14 2,374,049 51 326,286 16 48,274 69 515,021 70 292,019 13 7,1 2 7 ,6 3 1 17 4 ,776,287 35 22,008,935 99 $38,068,558 84 E s tim a te d m a r k e t v a lu e $616,000 00 2 ,0 4 2 ,7 0 0 00 277,300 00 49,000 00 514,500 00 291,140 00 6 ,4 9 1 ,8 9 0 00 4 ,505,257 84 19,579,905 00 $34,367,692 84 34,367,692 84 Banking house and lot, book value, $250,000; cost, $611,686.52; actual cash value................................................................... Other real estate, book value, $787,843.37; cost, $924,186.23; actual cash value.................................................................................. Cash on deposit in banks or trust companies............................. Cash on hand .............................................................................................. Total of collectible in te r e s t............................................. ................. Amount of all other assets, viz.: Rents due and accrued......... 300.000 00 751.000 4,5 8 1 ,0 9 7 688,025 1,091,438 317 $77,669,721 00 22 87 12 00 05 L IA B IL IT IE S Amount due depositors, viz.: P r in c i p a l ............................................................................................................. $69,953,149 55 D iv id e n d s c r e d ite d o r t o b e c r e d ite d f o r t h e s i x m o n t h s e n d in g w it h D e c e m b e r 31, 1915............................. 1,2 8 4 ,1 1 4 52 $71,237,264 07 Other liabilities, viz.: Mortgagor’s account ...................... 951 58 E x p e n s e s in c u r r e d , b u t u n p a id : I c e , cab h ir e , f u e l a n d a s h e s S t a t io n e r y .............................................. B u r g l a r a l a r m .................................. M a p s ........................................................... S u p p lie s ................................................... E x p en se o f o th e r rea l e s ta te . $45 623 47 62 471 230 42 06 50 50 75 09 .. Surplus on market value............. 1,480 32 6,,430,025 08 $77:, 669,721 05 Surplus on par value, $6,956,086.51. CASH TRANSACTIONS DURING THE YEAR 1915 R E C E IP T S Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... $4 ,567,034 From depositors not including dividends credited........................... 11,124,339 From interest on loans, deposits and investments......................... 3,304,1 66 From rents from other real estate........................................................ 54,416 From m ortgages.......................................................................................... 2 ,5 5 4 ,6 5 0 From redemption of stocks and bonds............................................... 847,450 68 62 10 38 00 00 N ew Y ork C ounty 189 From stocks and bonds sold (total par value, $100,000) From real estate sold ............................................................ .. From all other sources, viz.: A ccount o f second m ortgagee........................................ A utom obile sold ................................................................... Prepayments, insurance, foreclosure and accoun t of m ortgagors ......................................................................... Rentals fo r m ortgagors’ accoun t..................................... From receiver in foreclosure............................................. Excess interest ...................................................................... $95,375 00 64,000 00 $6,317 50 1,000 00 12,924 22,412 7,522 193 04 65 09 30 50,369 58 $22,661,801 36 PAYM EN TS To depositors, including dividends paid to them...........................$12,387,063 For loans on bonds and mortgages................................................... 241,100 For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $3,519,000)............................... 3,5 43,2 70 For interest (other than dividend payments to depositors) . . . . 32,324 For current expenses of the bank, v iz.: F or salaries ........................................................................... F or t a x e s : Banking house, $8,027.04 ; surplus, $49,459.21 ................................................................................ For expenses, except taxes, o f banking h o u se : Repairs .............................................................................. O t h e r .................................................................................. For expenses o f other real estate, viz. : Repairs .............................................................................. Insurance ......................................................................... Taxes ......................................................... Other .................................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking h o u se ... 06 00 19 58 $110,370 84 57,486 25 790 02 1,217 49 5,930 2,383 18,454 10,801 84 37 52 14 31,534 08 238,968 55 For real estate acquired by foreclosure, or in settlement of debts due the bank ............................................................................ Other payments, viz.: Amount paid to second m ortgagee.................................. Taxes advanced and interest and rentals disbursed.. Foreclosure expense ............................................................ Forged d raft made good to d epositor........................... Excess interest returned .................................................. A lterations and improvements, other real estate---- $6,317 28,290 7,455 125 193 24,144 883,424 54 50 93 72 00 30 90 66,527 35 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 5,269,1 23 09 $22,661,801 36 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... 102,344 Number of accounts opened or reopened during the year......... 13,750 Number of accounts closed during the year.................................... 12,803 Amount deposited during the year, not including dividends credited for that period.......................................................................$11,124,339 62 Amount withdrawn during the year................................................... 12,387,063 06 Amount of dividends credited and paid for the year, viz.: July 1, 1915 ........................................................................... $1,274,204 06 January 1, 1916 ..................................................................... 1,284,114 52 ------------------ 2,558,3 18 58 696 00 Average amount of each account January 1, 1916...................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915.......................................................... 3% & 4 Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................. 3% & 4 Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................... $3,193,119 83 Total expenses of the bank for the year 1915............................*.. 237,633 70 Dividends paid to depositors for the year 1915............................. 2,558,3 18 58 Net earnings for the year 1915 over expenses and dividends paid to depositors ................................................................................ 397,167 55 190 R eport on S avin g s B a n k s 76. H A R L E M S A V IN G S B A N K , N E W Y O R K C IT Y [124 E ast 125th street; incorporated 1863] W ILLIA M E. TROTTER, President. THOMAS R. EBE R T, Secretary. GRAN VILLE F. D A ILE Y, V ice-Pres. F R E D ’K M. G A LLAGH ER, Asst. Secy. JOHN J. BELL, Vice-President. TRUSTEES W ILLIA M E. TRO TTE R , GRA N V ILLE F. DA ILE Y, W IL L IA M SOM ERVILLE, JOHN J. BELL, FRAN K E. W ISE, HENRY B. PYE, M. J. ENNIS, JOHN F. STEEVES, W ALTE R P. SILLECK, OLIN J. STEPHENS, W ARREN A. LEONARD, A L EX A N D E R W ALKER, THOMAS R. EBE R T, RANSOM E. W ILCOX. FIN AN CIAL RESOURCES Bonds and mortgages................................................................................ $14,607,875 00 Stock and bond investments, viz.: S to c k s and bon ds State o f State o f State o f State o f Cities in Cities in Counties Villages Railroad New Y ork ................ Massachusetts ...... California ............. Tennessee .............. other States........... this State................ in this S tate.......... in this S tate............ mortgage bonds . .. P ar value $700,000 00 220,000 00 100,000 00 200,000 00 650,000 00 4,428,400 00 18,000 00 240,000 00 4,380,00000 Original Estimated cost market value $713,062 50 $720,00000 242,092 00 204,60000 95,250 00 94,00000 209,829 89 212,00000 681,432 66 633,50000 4,535,586 61 4,382,18300 18,122 40 17,820 00 259,997 60 236,740 00 4,550,735 84 3,980,625 00 $10,936,400 00 $11,306,109 50 $10,481,468 00 — = — — -------------- - ' ' 10,481,468 00 Banking house and lot, book value, $250,000; cost, $354,253.91; actual cash value.......................................................................... 250,000 00 Other real estate, book value, $261,793.55; cost, $261,793.55; actual cash value.................................................................................. 261,793 55 Cash on deposit in banks or trust companies.................................. 1,987,546 08 Cash on hand................................................................................................ 173,327 94 Total of collectible interest..................................................................... 251,511 15 $28,013,521 72 L IA B IL IT IE S Amount due depositors, viz.: P rincipal ................................................................................. $25,518,587 11 Dividends credited or to be credited fo r the six m onths ending with December 31, 1915........................ 418,431 06 ------------------ $25,937,018 17 Surplus on market value......................................................................... 2,0 7 6 ,5 0 3 55 $28,013,521 72 Surplus on par value, $2,531,435.55. CASH TRANSACTIONS DURING THE YEA R 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... $1,760,619 58 From depositors, not including dividends credited...................... 6,2 99,681 84 From interest on loans, deposits and investments......................... 1,199,212 76 From rents from other real estate........................................................ 15,502 79 From mortgages ......................................................................................... 177,525 00 From redemption of stocks and bonds............................................... 445,090 00 From real estate sold................................................................................ 4,400 00 From all other sources, viz.: Receiver............................................. 352 11 $9 ,902 ,38 4 08 ISTe w Y ork C ounty 191 PAYM ENTS To depositors, including dividends paid to them........................... $7 ,0 0 6 ,4 2 4 85 For loans on bonds and mortgages..................................................... 71,050 00 For stocks and bonds purchased, including premiums, com missions, etc. (total par value, 500,000).................................... 504,454 89 For interest (other than dividend payments to depositors) . . . . 5,520 83 For current expenses of the bank, viz.: Salaries .................................................................................... For t a x e s : Banking house, $4,350.56 ; surplus, $16,734.08 ............................................................................... For expenses, except taxes, o f banking h o u s e : Repairs .............................................................................. Insurance ......................................................................... For expenses o f other real estate, v i z .: R e p a ir s .............................................................................. Insurance .......................................................................... Taxes ................................................................................. Other ................................................................................ For other expenses, not including expenses o f other real estate nor other expenses o f banking h ou se... $49,500 00 21,084 64 212 57 75 05 5,380 462 4,495 835 38 57 81 50 8,626 79 90,,673 31 For real estate acquired by foreclosure, or in settlement of debts due the bank................................................................................ Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 63,,386 18 2,,160,,874 02 $9,,902,,384 08 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... 57,!318 Number of accounts opened or reopened during the year........... 9,1553 Number of accounts closed during the year.................................... 9 ,' 716 Amount deposited during the year, not including dividends credited for that period....................................................................... $6.,299,,681 84 Amount withdrawn during the year................................................... 7.,006,,424 85 Amount of dividends credited and paid for the year, v iz.: July 1, 1915 ........................................................................... January 1, 1916 ...................................................................... $416,644 77 418,431 06 835,,075 83 Average amount of each account January 1, 1916......................... 448 60 Rate per cent, of dividends to depositors during the six months 3^ ending June 30, 1915............................................................................ Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... 3 y3 Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. $L ,208.,326 81 Total expenses of the bank for the year 1915.................................. 90,,673 31 Dividends paid to depositors for the year 1915............................. 835,,075 83 Net earnings for the year 1915 over expenses and dividends paid to depositors................................................................................... 282,,577 67 192 R eport on S avings B anes 77. T H E IR V IN G S A V IN G S IN S T IT U T IO N , N E W Y O R K C IT Y [115 Chambers stre e t; incorporated 1851] HAM PDEN E. TEN ER, President. GEORGE B. DUNNING, Secretary. H EN RY KROGER, Vice-President. J. B. ANDERSON, A ssistant Secretary. JOHN O. W ILLIAM S, Vice-President. TRUSTEES JOHN W. NIX, HENRY KROGER, JOHN O. W ILLIAM S, WM. C. DEMOREST, JAM ES H. KILLOUGH, D. BECKERMANN, SAMUEL S. CONOVER, GEORGE B. DUNNING, HAMPDEN E. TENER, SAMUEL B. DOWNES, JOHN TIEBOUT, EUGENE M. TR AV IS, NATHAN F. VOUGHT. WTLLIAM H. FRAM E. JOHN J. WALTON, W IL L A R D S. BROWN, GEORGE N. ROBINSON, WM. F. MORGAN, W7M. P. MASON. FINANCIAL RESOURCES Bonds and mortgages..............................................................................$11,194,800 00 Stock and bond investments, viz.: S to c k s a n d Par value $50,000 00 bonds State o f California .............. State o f Maryland ............... State o f Oklahoma ............... State o f Utah ......................... State o f Tennessee ............... Cities in other States............ Cities in this S tate............... Counties in this State.......... Towns in this State............... Villages in this State............ Railroad m ortgage bonds___ 100,000 00 50.000 00 50.000 00 100,000 00 1,836,500 1,893,150 416.000 36.000 110.000 3,750,000 00 00 00 00 00 00 $8,391, 650 00 Estimated Original market value cost $48,500 00 $48,246 45 99.000 00 98,340 00 50,772 30 50,500 00 49.000 00 49,221 85 104,000 00 103,491 40 1,848,700 00 1,942,661 85 1,811,228 50 1,946,966 05 406,060 00 422,317 50 34,720 00 37,247 40 105,390 00 115,636 40 3,510,440 00 3,973,107 79 $8,788,008 99 $8,067,538 50 8,067,5 38 50 Loans upon pledge of securities........................................................ Banking house and lot, book value, $100,000; cost, $115,000; actual cash value .................................................................................. Cash on deposit in banks or trust companies............................... Cash on hand ............................................................................................. Total of collectible interest............................................................ .. 100,000 00 100,000 00 1,038,438 11 86,703 39 202,669 67 $20,790,149 67 L IA B IL IT IE S Amount due depositors, viz.: Principal ..................................................................................$19,268,188 26 Dividends credited or to be credited fo r the six months ending with December 31, 1915...................... 370,442 96 ------------------ $19,638,631 22 Surplus on market value....................................................................... 1,151,518 45 Surplus on par value, $1,475,629.95. $20,790,149 67 . . . :: CASH TRANSACTIONS DURING THE YEA R 1915 R E CEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................. $1,254,968 05 3,627,022 06 From depositors, not including dividends credited.................... 922,613 53 From interest on loans, deposits and investments...................... 14,098 17 Ffom rents from other real estate...................................................... 170,400 00 From m ortgages.......................................................................................... 300,800 00 From redemption of stocks and bonds............................................. From stocks and bonds sold (total par value, $ 2 1 4 ,5 0 0 ) .... 223,318 86 225.000 00 From loans paid ....................................................................................... 263.000 00 From real estate sold .............................................................................. $7,001,220 67 ]STew Y oke C ounty 193 PAYM EN TS To depositors, including dividends paid to them........................... $3,745,04$ 64 For loans on bonds and mortgages................................................... 948,000 00 For loans on stocks and bonds and other securities.................. 150,000 00 For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $875,000)............................. 899,427 05 For interest (other than dividend payments todepositors) . . . 7,230 70 For current expenses of the bank, viz.: F or salaries ........................................................................... F or t a x e s : Banking house, $1,573.50; surplus, $8,763.08 .................................................................................. F or expenses, except taxes, o f banking h o u s e : Repairs .............................................................................. Insurance .......................................................................... Other .................................................................................. F or expenses o f other real estate, v i z .: R e p a ir s .............................................................................. Insurance .......................................................................... Taxes .................................................................................. Other .................................................................................. F or other expenses, not including expenses o f other real estate nor other expenses o f banking h ou se... $30,442 00 10,336 58 203 35 25 00 524 09 2,554 526 3,001 8,902 85 25 35 59 5,001 53 -----------------For real estate acquired by foreclosure, or in settlement of debts due the bank.................................................................................. Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. 61,517 59 64,854 19 1,125,141 50 $7 ,001 ,22 0 67 STATISTICAL INFORMATION Number of accounts opened January 1, 1916................................. 23,503 Number of accounts opened or reopened during the year......... 2,530 Number of accounts closed during the year...................................... 2,618 Amount deposited during the year, not including dividends credited for that period..................................................................... $3 ,627,022 06 Amount withdrawn during the year................................................. 3,745,049 64 Amount of dividends credited and paid for the year, viz.: J u ly 1, 1915 ....................................................................................................... $363,977 54 January 1, 1916 ....................................................................... 370.442 96 Average amount of each accountJanuary 1, 1916...................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915.......................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................. Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915............................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors .............................................................................. 7 734.420 50 835 50 4 4 $925,767 60 61,517 59 734.420 50 129,829 51 19 4 R eport on S avings B anes 78. I T A L I A N S A V I N G S B A N K OF T H E C I T Y O F N E W YORK [64-66 Spring street; incorporated 1896] JOSEPH M. FRANCOLINI, President. JAM ES J. SLEVIN, Treasurer. PASQU ALE I. SIM ONELLI, Secretary. TRUSTEES DOMENICO A B BATE, ANTONIO C. A S TA R IT A , NICHOLAS BAR R ETT, VITO CONTESSA, JOS. N. FRANCOLINI JOSEPH GERLI, ANTONIO PISAN I, CELESTINO PIVA, DOMENICO SALADINO, P. I. SIM ONELLI, BERNARD J. MCCANN, GEORGE W. LOFT, ANTONIO STELLA, JOHN ELTON W AYLAND , ALEX A N D E R S. W EBB, ANTONIO ZUCCA, SILVIO V ILLA . FIN AN CIAL RESOURCES Bonds and mortgages................................................................................ $2 ,929,855 00 Stock and bond investments, v iz.: S to c k s and Par value $24,000 00 141.000 00 240,500 00 bonds State o f New Y ork ............... Cities in other States............ Cities in this S tate............... Counties in this State.......... Villages in this State............ Railroad mortgage bonds___ 10,000 00 25,000 00 996.000 00 $1,436,500 00 Original Estimated cost market value $24,596 00 $23,760 00 147,311 98 145,160 00 239,830 00 244,455 10 11,062 00 10,000 00 25,093 75 24,750 00 1,024,808 70 977,890 00 $1,477,327 53 $1,421,390 00 1,4 2 1 ,3 9 0 00 Other real estate, book value, $55,059.23; cost, $55,059.23; actual cash value..................................................................................... Cash on deposit in banks or trust companies................................. Cash on hand......... ...................................................................................... Total of collectible interest..................................................................... 55,059 356,796 41,112 33,898 23 73 73 97 $4 ,838,112 66 L IA B IL IT IE S Amount due depositors, viz.: P rincipal................................................................................... $4,562,528 30 Dividends credited or to be credited fo r the six months ending with December 31, 1915...................... 69,201 15 ------------------ $4 ,631 ,72 9 45 Surplus on market value......................................................................... 206,383 21 $4,838 ,11 2 66 Surplus on par value $221,493.21. CASH TRANSACTIONS DURING THE Y E A R 1915 R E C E IP T S Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividends credited......................... From interest on loans,depositsand investments........................... From rents from other real estate......................................................... From mortgages ................................................................................. From redemption of stocks and bonds............................................... From loans paid........................................................................................... From real estate sold................................................................................ $427,852 2,1 85,3 02 216,202 1,344 116,500 52,000 129,000 23,355 50 52 22 85 00 00 OO 61 $3 ,151,557 70 N ew Y ork C ounty 195 PAYM ENTS To depositors, including dividends paid to them........................... $2 ,209 ,44 8 42 For. loans on bonds and mortgages..................................................... 168,280 00 For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $304,000)................................. 314,944 02 For interest (other than dividend payments to depositors) . . . . 2,761 13 For current expenses of the bank, viz.: For For For F or salaries ........................................................................... ta x es: Surplus.............................................................. rent o f banking room s............................................... expenses o f other real estate, v i z .: T a x e s ............................. Other .................................................................................. F or other*expenses, not including expenses o f other real estate nor other expenses o f banking house.. $16,978 30 1,285 88 4,999 92 571 24 554 23 11,510 04 35,899 61 For real estate acquired by foreclosure, or in settlement of debts due the bank.............................................................................. Cash on hand and in hanks or trust companies December 31, 1915, after transactions of the day................................................. 22,315 06 397,909 46 $3, 151,557 70 STATISTICAL INFORMATION 16,900 Number of open accounts January 1, 1916...................................... 4,508 Number of accounts opened or reopened during the year......... Number of accounts closed during the year...................................... 3,755 Amount deposited during the year, not including dividends credited for that period....................................................................... $2, 185,302 52 Amount withdrawn during the year................................................... 2, 209,448 42 Amount of dividends credited and paid for the year, viz.: July 1, 1915 ............................................................................... January 1, 1916 ...................................................................... $68,324 71 69,201 15 Average amount of each account January 1, 1916......................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................................ Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 137,525 86 275 00 3% 3y2 $216,025 30 35,899 61 137,525 86 42,599 83 R eport on S ayings B anks 196 79. M A ID E N L A N E S A V IN G S B A N K , N E W Y O R K C IT Y [170 Broadway ; Incorporated 1903] F. A. RINGLER, President. JO E L S. D e SELDING, Vice-President. W A L T E R G. KING, Vice-President. J. HEYNEN, Secretary. TRUSTEES ISAAC W. COKEFAIR, JOHN Q. ADAMS, CHARLES R. JUNG, L. BURTON HALL, W ALTE R G. KING, AUG. OPPENHEIM ER, A N DREW PATTERSON, F. A. RINGLER, HUGO B. ROELKER, JOEL S. D e SELDING, ROBT. SCHALKENBACH, M. M. SCHW ARZSCHILD, LEOPOLD STERN, C. EDW ARD BILLQ U IST, CHAS. W. LUCAS, JOHN P. W INDOLPH, JACOB W ERNER, HUGO R. R ITTERBU SCII. FIN AN CIAL RESOURCES Bonds and mortgages............................................ Stock and bond investments, viz.: S to c k s and P ar value $42,500 00 13,500 00 172,608 00 143,590 00 25,500 00 2,000 00 107,000 00 bonds State o f O k la h om a ............... State o f New M exico............ Cities in other States............ Cities in this State............... Villages in this S tate............ School districts in this State Railroad mortgage bonds___ $506,698 00 $899,032 84 Original Estimated cost market value $43,012 08 $43,403 12 13,458 60 13,730 42 176,061 85 177,410 33 143,672 16 138,976 81 25,471 75 26,213 25 2,016 40 2,050 00 102,203 75 92,143 25 $505,896 59 $493,927 18 493,927 90,025 5,428 20,591 Cash on deposit in banks or trust companies............................... Cash on hand ........................................................................................... Total of collectible interest................................................................... Amount of all other assets, viz.: New York State barge canal judgments . , ......................................................................................... 18 87 06 33 5,513 38 $1 ,514,518 66 L IA B IL IT IE S Amount due depositors, viz.: P rincipal ................................................................................. $1,462,300 73 Dividends credited' or to be credited fo r the six m onths ending with December 31, 1915........................ 26,166 00 ------------------ $1 ,488,466 73 Surplus on market value....................................................................... 26,051 93 $1,514,518 66 Surplus on par value, $38,822.75. CASH TRANSACTIONS DURING THE YEA R 1915 R E CEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................. $100,142 44 From depositors, not including dividends credited...................... 656,836 49 From interest on loans, deposits andinvestments........................ 65,215 27 F r o m re n ts from other real estate...................................................... 88 70 From mortgages ......................................................................................... 84,802 51 From redemption of stocks and bonds............................................... 27,077 00 From stocks and bonds sold (totalparvalue, $44,00 0). 45,338 48 From real estate sold .............................................«-............................ 40,339 22 $1,019,840 11 N e w Y ork C ounty 197 PAYM ENTS To depositors, including dividends paid to them........................... For loans on bonds and mortgages................................................... For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $139,220.12)........................... For interest (other than dividend payments to depositors) . . . For current expenses of the bank, viz.: For salaries ........................................................................... F or taxes : Surplus, ................................................ : .......... F or rent o f banking room s............................................... F or expenses of other real estate, v i z .: Repairs .............................................................................. Taxes .................................................................................. O t h e r .................................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking h o u se... $535,729 71 209,235 35 141,665 00 1,584 48 $4,370 50 68 39 2,000 00 39 90 24 00 151 50 1,617 65 8,271 94 For real estate acquired by foreclosure, or in settlement of debts due the bank................................................................................ Other payments, viz.: Cost of foreclosure of mortgage............. Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................ 25,602 51 2,297 19 95,453 93 $ 1 ,019 ,84 0 11 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... Number of accounts opened or reopened during the year. . . . Number of accounts closed during the year................................. Amount deposited during the year, not including dividends credited for that period..................................................................... Amount withdrawn during the year................................................. Amount of dividends credited and paid for the year, viz.: July 1, 1915 ............................................................................. January 1, 1916 ...................................................................... $656,836 49 535,729 71 $24,625 18 26,166 00 Average amount of each account January 1, 1916...................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................ Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................. Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the hank for the year 1915............................... Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors ................................................................................ 5,273 1,414 914 50.791 18 282 28 4 4 $68,153 76 10,019 47 50.791 18 7,343 11 198 80. R eport on S avings B anks THE M ANHATTAN S A V IN G S IN S T IT U T IO N , N E W Y O R K C IT Y f 644—646 B road w ay; incorporated 1850] JOSEPH BIRD, President. CONSTANT M. BIRD, Secretary. FR AN K G. STILES, Vice-President. A RTH U R STILES, Assistant Secretary. TRUSTEES BENJAM IN GRIFFEN, EDW ARD V. Z. LANE, RICHARD LATH ERS, J r ., ROBERT A. M cK IM , JOSEPH BIRD, FRAN K G. STILES, EDW IN S. SCHENCK, JOSEPH T. BROWN, SAMUEL CAREY, J. M cLEAN W ALTON, W ALTE R C. STOKES, JAMES E. W ARE, CONSTANT M. BIRD, P H IL IP J. ROSS, FRANCIS B. GR IFFIN , H E R B E R T W. MORSE, Z. TA YLO R EMERY, FR ED ERIC W. FROST, THOMAS E. LOVEJOY. EDMOND L. KNOEDLER, W ALTE R W. STOKES. FIN AN CIAL RESOURCES Bonds and mortgages............................................... Stock and bond investments, viz.: Stocks and bonds United States ......................... Cities in other States.......... Cities in this State............... Counties in this State.......... Towns in this State............... Villages in this State............ Railroad mortgage bonds___ Par value $75,000 00 530,000 00 1,953,000 00 73,000 00 125,000 00 15,000 00 1,556,000 00 $ 4 ,3 2 7 , 000 00 $ 6 ,521 ,40 0 00 Original Estimated cost market value $82,500 00 $95,625 00 566,132 65 510,000 00 1,754,770 00 2,113,292 30 73,992 80 70,810 00 117,050 00 125,000 00 15,000 00 14,899 50 1,758,550 00 1,468,280 00 $ 4 ,7 4 7 , 592 75 $ 4 , 018,309 50 ------ ----------- = - = ™ — ■ ...... Banking house and lot, book value, $600,000; cost, $810,169.09; actual cash value..................................................................................... Other real estate, book value, $444,109.10; cost, $444,109.10; actual cash value.................................................................................. Cash on deposit in banks or trust companies.................................. Cash on hand................................................................................................ Total of collectible interest..................................................................... Amount of all other assets, viz.: Rents due.................................. 4,0 18,3 09 50 600,000 00 444,109 775,566 53,181 103,617 1,429 10 97 84 04 55 $12,517,614 00 L IA B IL IT IE S Amount due depositors, viz.: P rincipal ..................................................................................$11,435,130 03 Dividends credited or to be credited fo r the six months ending with December 31, 1915........................ 189,486 87 ------------------ $11,624,616 90 Other liabilities, viz.: Expenses incurred, but unpaid, tank and riser, bank building...................................................................... 1,500 00 Surplus on market value........................................................................... 891,497 10 Surplus on par value, $1,200,187.60. $1 2,517,614 00 =.... — = CASH TRANSACTIONS DURING THE YEA R 1915 R E CEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividends credited...................... From interest on loans, deposits and investments........................ From rents from banking house............................................................ From rents from other real estate..................................................... From m ortgages......................................................................................... From redemption of stocks and bonds............................................... From all other sources, viz.: From Insurance Co.for fire loss. $692,112 2 ,7 42,8 23 510,869 20,875 39,447 378,500 52,500 6,117 27 19 01 00 11 00 00 00 $4 ,443 ,24 3 58 199 N e w Y ork C ounty PAYM ENTS To depositors, including dividends paid to them........................... $3 ,472,089 39 For loans on bonds and mortgages..................................................... 12,000 00 For current expenses of the bank, viz.: F or salaries ........................................................................... F or ta x e s : Banking h o u s e : $6,841.30 ; surplus, $7,592.81 ................................................................................ For expenses, except taxes, o f banking h ou se: Repairs ............................................................................. Insurance ........................................................................ Other ................................................................................ For expenses o f other real estate, v i z .: Repairs .............................................................................. Insurance ........................................................................ Taxes ................................................................................ Other ................................................................................. F or other expenses, not including expenses o f other real estate nor other expenses o f banking h o u se ... $40,913 75 14,434 11 1,957 24 751 72 8,201 66 6,386 1,267 8,293 11,887 55 27 79 14 10,063 75 -----------------For real estate acquired by foreclosure, or in settlement of debts due the bank................................................................................ Other payments, viz.: Restoring buildings destroyed by fire. . Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. 104,156 98 19,968 45 6,279 95 828,748 81 $4 ,443 ,24 3 58 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... 21,333 Number of accounts opened or reopened during the year........... 3,144 Number of accounts closed during the year.................................... 3,169 Amount deposited during the year, not including dividends credited for that period....................................................................... $2 ,742 ,82 3 19 Amount withdrawn during the year................................................... 3,472,0 89 39 Amount of dividends credited and paid for the year, viz.: July 1,1915 ............................................................................... January 1, 1916 ..................................................................... $193,110 19 189,486 87 -----------------Average amount of each account January 1, 1916......................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................................ Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................. ................................. Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................... Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors ............................................................................... 382,597 06 544 91 3 % 3Ms $573,317 51 111,936 93 382,597 06 78,783 52 200 R eport on S avings B anks 81. M E T R O P O L IT A N S A V IN G S B A N K , N E W Y O R K C IT Y [59-61 Cooper square (T hird avenue) ; incorporated 1852] J. B. CURREY, President. EDW ARD SHERER, Secretary. AUGUSTUS HUTCHINS, Vice-Pres. ROBERT D. ANDREW S, Asst. Secy. W IL L IA M SHERER, Vice-President. TRUSTEES AUG. S. HUTCHINS, W ILLIA M SHERER, JONATHAN B. CURREY, W ALDO HUTCHINS, W IL L IA M E. HUTCHINS, LEE W. GROVES, W IL L IS S. PAINE, AUGUSTUS K. SLOAN, ROBERT D. ANDREW S, AUGUSTUS II. SANDS, EDW ARD H. SWAN, CHAS. P. EMMONS, EDW ARD SHERER, De w i t t c . f a l l s , JOHN S. SPENCER. FINANCIAL RESOURCES Bonds and mortgages ............................................................................ $7,917,308 00 Stock and bond investments, viz.: S to c k s State o f Cities in Cities in Counties R ailroad and bonds M assachusetts ....... other States............ this State............... in this State.......... mortgage bonds . . . Par value $200,000 00 1,072,000 00 2,229,900 00 50,000 00 950,000 00 $4,501,900 00 Original Estimated cost market value $213,250 00 $180,000 00 1,106,030 30 1,034,620 00 2,225,481 40 2,081,408 00 55,000 00 50,000 00 1,049,900 00 834,000 00 $4,649,661 70 $4,180,028 00 ■ ' ' ' - - ' ■ ■ -------Banking house and lot, book value, $95,000; cost, $243,346.71; actual cash value ................................................................................ Other real estate, book value, $250,556.34; cost, $250,556.34; actual cash value.................................................................................. Cash on deposit in banks or trust companies............................... Cash on hand ..................................................... ........................................ Total of collectible interest..................................................................... Amount of all other assets, viz.: Rent from banking house. . 4,180,0 28 00 95,000 00 222,000 790,486 30,640 101,884 66 00 40 39 09 66 $13,337,413 54 L IA B IL IT IE S Amount due depositors, viz.: P rincipal ..................................................................................$12,295,035 43 Dividends credited or to be credited fo r the six months ending w ith December 31, 1915........................ 236,349 42 ------------------ $12,531,384 85 Surplus on market value ................................................. ..................... 806,028 69 $13,337,413 54 Surplus on .par value, $1,127,900.69. CASH TRANSACTIONS DURING THE YEAR 1915 R E CEIPTS Cash on hand and in banks or trust companies January 1 1915, before transactions of the day........... ................................... From depositors, not including dividends credited...................... From interest on loans, deposits and investments.................... From rents from banking house.......................................................... From rents from other real estate................................................... From m ortgages......................................................................................... From redemption of stocks and bonds............................................... From stocks and bonds sold (total par value, $300,000)......... From real estate sold ............................................................................ $975,985 2 ,6 3 3 ,0 1 2 579,835 4 ,0 60 9,129 203,405 113,000 286,202 97,223 39 32 98 00 13 00 00 50 13 N e w Y oke C ounty 201 From all other sources, viz.: Rebate o f expenses .............................................................. Received on account o f real estate sold...................... From receiver, rents during foreclosure...................... $34 20 1,500 00 487 38 ----------- ------ $2,021 58 $4,903,875 03 PAYM ENTS To depositors, including dividends paid to them........................ $3,582 ,86 4 For loans on bonds and mortgages..................................................... 155,685 For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $256,900)................................. 265,104 For interest (other than dividend payments to depositors).. 1,428 For current expenses of the bank, viz.: F or salaries ........................................................................... F or ta x e s : Banking house, $1,575.50; surplus, $7,370.20.................................................................................. For expenses, except taxes, o f banking h o u se : Insurance .......................................................................... F or expenses o f other real estate, v i z .: R e p a ir s .............................................................................. Insurance ......................................................................... Taxes .................................................................................. F or other expenses, not including expenses o f other real estate nor other expenses o f banking h o u se ... 34 00 SO 27 $29,855 00 8,945 70 135 00 5,800 43 360 93 3,770 34 12,418 02 61,285 42 For real estate acquired by foreclosure, or in settlement of debts due the bank ................................................................ ........... Other payments, viz.: Suspense account.......................................... Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 13,003 24 3,377 17 821,126 79 $4,903,875 03 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... 16,318 Number of accounts opened or reopened during the year......... 2,417 Number of accounts closed during the year................................. 2,474 Amount deposited during the year, not including dividends credited for that period....................................................................... $2,633,012 32 3,582 864 34 Amount withdrawn during the year................................................. Amount of dividends credited and paid for the year, viz.: July 1, 1915 ............................................................................... January 1, 1916 ...................................................................... $235,610 43 236,349 42 Average amount of each account January 1, 1916...................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................ Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................. Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts........................... Total expenses of the bank for the year 1915............................... Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors .............................................................................. 471.959 85 767 94 4 4 $575,337 21 61,285 42 471.959 85 42,091 94 R eport on S ayings B anks 202 82. N E W Y O R K S A V IN G S B A N K , N E W Y O R K C IT Y [83 Eighth avenue; incorporated 1854] W IL L IA M FELSINGER, President. JAMES L. W ANDLING, Treasurer. BENJ. A. W ILLIAM S, Vice-President. W ALTER R. BRINCKERH OF, Sec. JOHN ARTTH U R GREENE, Vice-Pres. TRUSTEES W ILLIA M FELSIN GER, JAM ES L. WANDLING, E IB E D. CORDTS, BENJ. A. W ILLIAM S, H E RBERT I). BROWN, JOHN A. GREENE, FRANK B. SMIDT, THOMAS P. SPENCER, W ILLIA M J. HOE. A L E X A N D E R M. W ELCH, W ILLIA M W. HALL, W ILLIA M J. SLOANE, W. R. BRINCKERH OFF, FIN AN CIAL RESOURCES Bonds and mortgages................................................................................ $24,634,250 00 Stock and bond investments, viz.: S to c k s State o f State o f State of State o f State o f Cities in Cities in Counties R ailroad and bonds New Y ork ............... C alifornia .............. Maryland ............... M assachusetts ....... Tennessee ............... other States............ this State............... in this S tate.......... mortgage bonds ... Par value $300,000 00 400,000 00 100,000 00 650,000 00 200,000 00 4,440,500 00 4,734,500 00 246,000 00 4,865,000 00 Original Estimated cost market value $316,000 00 $307,125 OO 376,000 no 376,000 00 94,645 00 95,000 00 703,710 00 604,000 00 00 210,000 206,778 80 4,649,805 49 4,439,947 50 4,854,424 74 4,766,635 00 249,486 00 237,960 00 5,033,450 52 4,569,360 00 $15,936,000 00 $16,475,425 55 $15,614,902 50 -----------------' ------------ ^ 15,614,902 50 Banking house and lot, book value, $250,000; cost, $449,851.80; actual cash value.................................................................................. 250,000 00 Other real estate, book value, $129,000; cost, $129,000; actual cash value.................................................................................... 129,000 00 Cash on deposit in banksor trust companies................................... 2 ,9 7 7 ,1 9 4 47 Cash on hand................................................................................................ 29,337 79 Total of collectible interest..................................................................... 365,991 17 $44,000,675 93 L IA B IL IT IE S Amount due depositors, viz.: P rincipal ................................................................................. $39,666,680 29 Dividends credited or to be credited fo r the six m onths ending with December 31, 1915........................ 760,454 14 ------------------ $4 0,427,134 43 Surplus on market value.......................................................................... 3,573,541 50 $44,000,675 93 - - - ■. Surplus on par value, $3,894,639. CASH TRANSACTIONS DURING THE YEA R 1915 R E CEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... $2 ,453,863 50 From depositors, not including dividendscredited....................... 7,685,7 56 59 From interest on loans, deposits and investments....................... 1,914,205 16 From rents from other real estate..................................................... 8 ,1 00 58 From m ortgages......................................................................................... 650,212 00 From redemption of stocks and bonds.............................................. 702,500 00 From all other sources, viz.: From receiver of m ortgaged prop erty......................... Fire loss .................................................................................. Rebate on p re m iu m s............................................................. $375 00 52 80 9 20 -------------------------------------- 93700 $ 1 3 ,4 1 5 ,5 7 4 83 2 03 N e w Y ork C ounty PAYM EN TS To depositors, including dividends paid to them............................. $7 ,657,806 09 810,884 08 For loans on bonds and mortgages..................................................... For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $1,729,000)...................................... 1,745,235 72 For interest (other than dividend payments to depositors) . . . . 15,354 14 For current expenses of the bank, viz.: For salaries ........................................................................... For t a x e s : Banking house, $5,375.80; surplus, $30,331.52 ................................................................................ For expenses, except taxes, o f banking h o u s e : R e p a ir s ............................................................................... For expenses o f other real estate, v i z .: Repairs .............................................................................. Insurance .......................................................................... Taxes .................................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking h ou se... $58,115 80 35,707 32 315 72 12,422 22 701 16 456 47 2,364 58 1,927 28 112,010 55 For real estate acquired by foreclosure, or in settlement of debts due the bank................................................................................ Other payments, viz.: Taxes advanced............................................. Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. 66,743 58 1,008 41 3,006,5 32 26 $1 3,415,574 83 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... 48,949 Number of accounts opened or reopened during the year........... 7,537 Number of accounts closed during the year.................................... 6,653 Amount deposited during the year, not including dividends credited for that period....................................................................... $7 ,685,756 59 Amount withdrawn during the year................................................... 7,657,8 06 09 Amount of dividends credited and paid for the year, viz.: July 1, 1915 ............................................................................. January 1, 1916 ....................................................................... $748,555 98 760,454 14 1.509.010 12 Average amount of each account January 1, 1916........................ 825 90 Rate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................................ 4 Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... 4 Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. $1,895,541 74 Total expenses of the hank for the year 1915................................. 112,010 55 Dividends paid to depositors for the year 1915......................... 1.509.0 10 12 Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 274,521 07 204: R eport on S avings B anks 83. NORTH RIVER SAVINGS BANK, NEW YORK CITY [31 W est 34th s tr e e t; incorporated 1866] JOHN H. SELMES, President. GEORGE T. CONNETT, Treasurer. CH ARLES ROHE, Vice-President. HERMAN F. DIETMANN, Asst. Treas. CH R ISTIAN F. TIE TJE N , Vice-Pres. H OBART G. M ILBANK, Asst. Secy. TRUSTEES C H R ISTIAN F. TIE TJE N , JOHN H. SELMES, CHARLES ROHE, R. H. MACDONALD, W ILLIA M H. SAGE, A L B E R T B. A SIIFO R TH , JOHN A. HANCE, CHAS. W. CARPENTER, CHARLES H. PARSONS, W. C. OTTERSON, T. A. BALL. THEODORE H. BANKS, R OBERT H. GOFFE, HENRY B. FISCH ER, GEORGE T. CONNETT, FR AN K PRESBREY, FIN AN CIAL RESOURCES Bonds and mortgages.................................................................................. $4 ,786 ,30 0 00 Stock and bond investments, viz.: S to c k s and bonds State o f New Y ork................. State o f Massachusetts ....... Cities in other States............ Cities in this State............... Counties in this State.......... Villages in this State............ R ailroad m ortgage bonds---- Par value $100,000 300,000 755,000 1,026,000 110,000 103,000 900,000 00 00 00 00 00 00 00 $3,294,000 00 Original Estimated cost market value $107,890 63 $112,00000 329,069 00 277,000 00 796,966 40 747,85000 1,095,293 67 1,071,09000 115,203 39 114,95000 104,807 28 105,53000 990,978 43 842,50000 $3,540,208 80 $3,270,920 00 — = = — — -----------------Banking house and lot, book value, $237,000; cost, $237,000; actual cash value..................................................................................... Other real estate, book value, $98,571.50; cost, $98,571.50; actual cash value.................................................................................. Cash on deposit in banks or trust companies................................. Cash on hand................................................................................................ Total of collectible interest..................................................................... Amount of all other assets, viz.: Rents accrued......................... 3,2 70,9 20 00 237,000 00 98,571 809,103 20,952 101,760 50 50 27 60 50 00 $9,324,657 87 L IA B IL IT IE S Amount due depositors, viz.: P r in c ip a l.................................................................................. $8,600,585 06 Dividends credited o r to be credited fo r the six months ending w ith December 31, 1915...................... 140,733 76 ------------------ $8,741,318 82 Other liabilities, viz.: Adjustment account of rents received to be applied on mortgage loan........................................................ 775 72 Surplus on market value......................................................................... 582,563 33 $9,324,657 87 Surplus on par value, $605,643.33. CASH TRANSACTIONS DURING THE YEA R 1915 R E CEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividends credited...................... From interest on loans, deposits and investments......................... From rents from other real estate..................................................... From mortgages ......................................................................................... From redemption of stocks and bonds............................................... $695,679 2,3 5 9 ,4 5 8 393,689 2 ,5 94 218,200 34,000 01 65 39 50 00 00 N e w Y ork C ounty From all other sources, viz.: For account subordinate Interest In mortgages....... Satisfaction pieces and notary fees.......................... Refund for appraisals and counsel fee..................... Check received for rent, not good............................. Settlement of rent loss.............................................. Insurance premiums returned account of rate re duction .................................................................. Premium on exchange of bonds................................. For adjustment account of rents received to be ap plied on mortgage loan......................................... Refund of overcharge on advertising......................... 205 |5,498 34 285 260 160 02 25 00 00 00 4u 34 500 00 2,451 26 2 40 ------------ $9,231 27 $3 ,712,852 82 PAYMENTS To depositors, including dividends paid to them........................... $2,648 ,48 2 53,000 For loans on bonds and mortgages..................................................... For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $125,000).......................................... 129,371 For interest (other than dividend payments to depositors) . .. 140 For current expenses of the bank, viz.: For salaries ........................................................................... F or ta x e s : Banking house, $3,349.17 ; surplus, $4,340.26 .................................................................................. For expenses, except taxes, o f banking house : Repairs .............................................................................. O t h e r .................................................................................. For expenses o f other real estate, v i z .: R e p a irs ............................................................................... T a x e s .................................................................................. Other .................................................................................. F or other expenses, not including expenses o f other real estate nor other expenses o f banking h o u se... 31 00 60 62 $24,707 89 7,689 43 9 60 1,288 66 198 86 1,136 19 332 98 4,830 91 40,194 52 Other payments, viz.: To subordinate interest in m ortgages............................. Taxes advanced on banking house................................ Check received from tenant, not good, returned to him ........................................................................................ Adjustm ent account o f rents received to be applied on mortgage loan .............................................................. $5,498 02 4,174 34 260 00 1,675 54 11,607 90 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. 830,055 87 $3,712,852 82 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... 18,918 Number of accounts opened or reopened during the year........... 3,058 Number of accounts closed during the year.................................... 2,570 Amount deposited during the year, not including dividends credited for that period....................................................................... $2 ,359,458 65 Amount withdrawn during the year................................................... 2,6 4 8 ,4 8 2 31 Amount of dividends credited and paid for the year, viz.: July 1, 1915 ........................................................................... January 1, 1916 ...................................................................... $141,558 27 140,733 76 Average amount of each account January 1, 1916......................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................................ Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915.................................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors................................................................................... 282,292 03 462 06 3% 3V2 $385,311 04 44,368 86 282,292 03 58,650 15 R eport on S avings B anks 206 84. SEAMEN’S BANK FOR SAVINGS IN THE CITY OF NEW YORK [74-76 W all street; incorporated 1829] D AN IEL BARNES, President. CHARLES B. CARPENTER, Treasurer. GEORGE H. MACY, Vice-President. W ILLISTO N H. BEN EDICT, Secretary. GEORGE F. CRANE, Vice-President. GEORGE M. HALSEY, Cashier. TRUSTEES GEORGE H. MACY, ANSON W. HARD, W ILLIA M E. STIGER, GEORGE F. CRANE, W. H. BENEDICT, ANTON A. RAVEN, WM. A. BUTLER, DAN IEL BARNES, EDW ARD W. SHELDON, GEORGE C. CLARK, P. A. S. FRAN K LIN , EUGENE DELANO, SAMUEL SLOAN, HENRY R. TAYLOR, W IL L IA M A. HAZARD, E L LIS G. RICHARDS, GEO. M. HALSEY, WM. H. W HEELOCK. W. N. DUANE, ROBERT S. BREW STER, V. E V E R IT MACY. FIN AN CIAL RESOURCES Bonds and mortgages................................................................................ $40,051,000 00 Stock and bond investments, viz.: Par Original S to c k s and bon ds value cost State o f New Y o rk .................. $1,019,000 00 $1,047,553 50 State o f M aryland................... 100,000 00 93,000 00 State o f Massachusetts.......... 5,625,000 00 6,152,924 00 Cities in other S tates............ 5,175,000 00 5,547,969 83 Cities in this S tate................ 9,849,100 00 10,255,996 72 Counties in this S tate......... 1,066.500 00 1,062,724 29 R ailroad mortgage bon ds. . . 17,609,000 00 18,732,473 09 Estimated market value $1,060,860 00 94,000 00 5,274,690 00 4,997,150 00 9,427,619 00 1,041,180 00 16,112,060 00 $40,443,600 00 $42,892,641 43 $38,007,559 00 ...................... — — — =— 38,007,559 00 Banking house and lot, book value, $477,964.85; cost, $477,964.85; actual cash value......................................................................... 477,964 85 Other real estate, book value, $1,307,756.84; cost, $1,307,756.84; actual cash value............................................................................ Cash on deposit in banks or trust companies................................. Cash on hand............................................................................................... Total of collectible interest..................................................................... Amount of all other assets, viz.: Insurance premiums ad vanced 1,307,756 84 4,4 1 7 ,9 4 2 28 526,086 86 828,954 62 48 00 $85,617,312 45 L IA B IL IT IE S Amount due depositors, viz.: P r in c ip a l..................................................................................$77,499,635 66 Dividends credited or to be credited fo r the six months ending with December 31, 1915......................... 1,479,735 56 ------------------ $78,979,371 22 Surplus on market value.......................................................................... 6,637,9 41 23 $85,617,312 45 Surplus on par value, $9,073,982.23. CASH TRANSACTIONS DURING THE YEA R 1915 R E CEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... $5,096,330 25 From depositors, not including dividends credited......................... 12,704,964 00 From interest on loans, deposits and investments...................... 3,538,9 25 57 From rents from banking house............................................................ 4,817 37 From rents from other real estate........................................................ 24,764 72 From m ortgages......................................................................................... 2,4 4 7 ,0 0 0 00 From redemption of stocks and bonds............................................... 1,6 75,1 50 00 From real estate sold.................... ......................................................... 62,500 00 2 07 N e w Y ork C ounty From all other sources, viz.: Deficiency judgment............................. Settlement of fire loss.......................... Agreement to sell other real estate. .. . Insurance premiums advanced refunded $ 10,000 00 8,000 00 2,000 00 185 73 ------------- $20,185 73 $25,574,637 64 PAYM EN TS To depositors, including dividends paid to them........................... $14,068,119 For loans on bonds and mortgages........................................................ 4 ,0 3 8 ,8 0 0 For stocks and bonds purchased, including premiums, commis 1,242,257 sions, etc. (total par value, $1,225,000)...................................... 11,181 For interest (other than dividend payments to depositors) For current expenses of the bank, viz.: F or s a la r ie s ............................................................................ F or ta x e s: Banking house, $10,458.65 ; surplus, $53,937.63 ................................................................................ F or expenses, except taxes, o f banking h o u se : R e p a ir s .............................................................................. In s u r a n c e .......................................................................... O t h e r .................................................................................. For expenses o f other real estate, v i z .: R e p a ir s .............................................................................. I n s u r a n c e .......................................................................... T a x e s .................................................................................. O t h e r .................................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking house. . 67 00 25 28 $80,572 50 64,396 28 3,792 30 346 99 13,568 17 3,820 3,475 12,402 1,138 94 05 84 87 18,899 38 202,413 32 For real estate acquired by foreclosure, or in settlement of debts due the bank................................................................................ Other payments, viz.: Improvements on other real estate................................. Insurance premiums a d v a n c e d ........................................ 1,0 4 5 ,7 5 0 89 $21,302 80 783 29 22,086 09 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 4,9 44,0 29 14 $25,574,637 64 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... 101,669 Number of accounts opened or reopened during the year......... 13,443 Number of accounts closed during the year.................................... 12,548 Amount deposited during the year, not including dividends credited for that period....................................................................... $1 2,704,964 00 Amount withdrawn during the year................................................... 14,06S,119 67 Amount of dividends credited and paid for the year, viz.: July 1, 1915................................................................................$1,463,922 32 January 1, 1916....................................................................... 1,479,735 56 ------------------ 2,9 43,6 57 88 Average amount of each account January 1, 1916........................ 776 82 Rate per cent, of dividends to depositors during the six months ending June 30, 1915........................................................................... 4 Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................ 4 Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. $3,458,257 06 Total expenses of the bank for the year 1915................................. 202,413 32 Dividends paid to depositors for the year 1915............................. 2,9 4 3 ,6 5 7 88 Net earnings for the year 1915 over expenses and dividends paid to depositors................................................................................... 312,185 86 R eport on S avings B anks 208 85. THE UNION DIME SAVINGS BANK, NEW YORK CITY [701 Sixth aven ue; incorporated 1859] A L E X . P. W. KINNAN, President. FRANCIS M. LEAK E, Treasurer. F R E D ’K H. ECKER, Vice-President. WM. H. LOCKE, Assistant Treasurer. CLERM ONT H. W ILCOX, Vice-Pres. FRAN K F. HAZARD, Secretary. TRUSTEES WM. H. LOCKE, CHARLES A. SACKETT, JAM ES H. HERRMAN, JOHN R. HEGEMAN, FRANCIS M. LEAK E, CLERMONT II. W ILCOX, A L E X . P. W. KINNAN, F R ED ’ K H. ECKER, W ILLIA M C. LANE, ABRAM C. D eGRAW , JOHN F. THOMSON, WM. M cM A STER M ILLS, EDGAR A. TR E D W E L L, W ILLIA M R. INNIS, GEORGE HADDEN, W IL LA R D E. FDM ISTER, F R E D ’ K C. MEACHAM, JOHN C. VAN CLEAF. FIN AN CIAL RESOURCES Bonds and mortgages .......................................... . Stock and bond investments, viz.: S to c k s and bonds State o f M assachusetts......... Cities in other S tates........... Cities in this S ta te............... Towns in this State................ Villages in this S ta te........... Railroad mortgage b o n d s ... Par value $50,000 00 1,780,000 00 4,160,500 00 90,000 00 332,000 00 7,115,000 00 Original cost $49,513 1,881,443 4,466,419 92,896 358,142 7,322,637 $25,805,350 00 95 52 44 20 50 67 Estimated market value $46,000 00 1,779 270 00 4,169,715 00 88,800 00 328,380 00 6,479,000 00 $13,527,500 00 $14,171,053 28 $12,891,165 00 — — — 12,891,165 00 ■ ■ ------ -- ■ - ... Banking house and lot, book value, $700,000; cost, $846,336.37; actual cash v a lu e ................................................................... 700,000 00 Other real estate, book value, $572,333.31; cost, $598,377.46; actual cash value................................................................... 572,333 31 Cash on deposit in banks ortrust companies............................... 4 ,4 9 1 ,4 1 2 91 567,287 79 Cash on hand ............................................................................................. Total of collectible interest................................................................... 420,977 89 Amount of all other assets, viz.: Rentsaccrued........................... 8,205 83 $45,456,732 73 L IA B IL IT IE S ---------- Amount due depositors, viz.: P rincipal .................. ............................................................. $41,483,853 20 Dividends credited or to be credited for the six months ending with December 31, 1915...................... 656.895 70 ------------------ $42,140,748 Other liabilities, viz.: Reserve for tax on surplus...................... 13,842 Surplus on market value ..................................................................... 3,302,141 $45,456,732 90 OO 83 73 Surplus on par value, $3,938,476.83. CASH TRANSACTIONS DURING THE YEAR 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................ $3 ,467 ,66 2 98 From depositors, not including dividends credited.................... 13,110,325 54 From interest on loans, deposits and investments......................... 1,894,097 77 From rents from other real estate..................................................... 21,231 07 From m ortgages......................................................................................... 474,700 00 From redemption of stocks and bonds............................................... 242,600 00 From all other sources, viz.: Refund o f expense p aid ...................................................... M aintenance o f real estate paid refunded................... Rent received in advance................................................. $71 80 525 05 19 91 -------------------------------------- 61676 $19,211,234 12 N e w Y ork C ounty 209 PAYM EN TS To depositors, including dividends paid to them...........................$11,976,343 For loans on bonds and mortgages..................................................... 1,391,000 For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $400,000).................................... 415,830 For interest (other than dividend payments to depositors) . . 1,875 For current expenses of the bank, viz.: For salaries ....................................................................... F or t a x e s : Banking house, $10,719.55; surplus, $27,681.60 ....................................................................................... For expenses, except taxes, o f banking h o u se : Repairs ............................................................................... Insurance .................................................. Other .................................................................................. For expenses o f other real estate, v i z .: Repairs .............................................................................. Taxes .................................................................................. Other .................................................................................. F or other expenses, not including expenses o f other real estate nor other expenses o f banking house.. 00 00 $85,667 69 38,401 15 585 20 651 83 4,540 78 3,884 95 21,314 87 6,223 30 20,212 37 -----------------For real estate acquired by foreclosure, or in settlement of debts due the bank .......................................................................... Other payments, viz.: Expense paid and refunded................................................... M aintenance o f real estate paid and refunded............. Forged d ra ft ....................................................................... 55 00 181,482 14 185,040 27 $71 80 525 05 365 61 -------------------------------------- 96246 Cash on hand and in banks or trust companies December 31, 1915, aftertransactions of the day................................................. 5,0 58,7 00 70 $19,211,234 12 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... 122,019 Number of accounts opened or reopened during the year........... 28,179 Number of accounts closed during the year.................................... 21,424 Amount deposited during the year, not including dividends credited for that period.......................................................................$13,110,325 54 Amount withdrawn during the year................................................... 11,976,343 55 Amount of dividends credited and paid for the year, viz.: July 1, 1915.............................................................................. January 1, 1916 ...................................................................... $645,996 61 656,895 70 ------------------ 1,302,892 31 Average amount of each account January 1, 1916........................ 345 36 Number of accounts which exceeded $3,000, exclusive of divi dends credited, at the last trial balance of depositors’ ledgers except deposits arising from society accounts, or judicial sales, or trust funds, or by order of a court of record or of a surrogate.............................................................................................. 9 Total amount of such accounts............................................................ $30,363 61 Rate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................ 3% Rate per cent, of dividends to depositors during the six months ending December 31, 1915.............................................. 3*6 Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................... $1,907,489 33 Total expenses of the bank for the year 1915............................... 182,102 39 Dividends paid to depositors for the year 1915............................. 1,302,892 31 Net earnings for the year 1915 over expenses and dividends paid to depositors ............................................ , , , , ........................ 422,494 63 210 R eport on S ayings B anks 86. UNION SQUARE SAVINGS BANK, NEW YORK CITY [20 Union S qu are; incorporated 1848] WM. H. ROCKWOOD, President. EGERTON L. W IN THROP, Vice-Pres. W. EMLEN ROOSEVELT, Vice-Pres. HENRY R. BRIN CKERH OFF, Secy. SAMUEL W OOLVERTON, Treasurer. FR ED ERIC C. M ILLS, Cashier. HUGH B. GARDNER, Asst. Cashier. U TRUSTEES E. L. W INTHROP, H E W LETT SCUDDER, W. EMLEN ROOSEVELT, CHAS. G. THOMPSON, FRED ERIC S. W ELLS, A L B E R T M. PATTERSON, WM. d e F . HAYNES. ISAAC TOWNSEND, SAMUEL W OOLVERTON, FRAN K B. KEECH, BRONSON W INTH ROP, EDW ARD M. TOWNSEND, LORIN K. SCUDDER, WM. H. ROCKWOOD, NEW BOLD T. LAWRENCE. FINANCIAL RESOURCES Bonds and mortgages......................... Stock and bond investments, viz.: S to c k s and bon d s State o f State o f Cities in Railroad New Y ork................. M aryland................... this State................. m ortgage bonds___ Par value $300,000 100,000 1,047,655 2,775,000 $6 ,314 ,15 0 00 00 00 20 00 $4,222,655 20 Original Estimated cost market value $305,125 00 $300,000 00 98,500 00 99,000 00 1,098,049 61 1,015,935 20 2,859,237 50 2,425,500 00 $4,360,912 11 $3,840,435 20 .................. ■ - - ■ ■ - ■- — Banking house and lot, book value, $350,000; cost, $465,078.76; actual cash value................................................................. C ash on deposit in banks or trust companies................................. Cash on hand............................................................................................. Total of collectible interest................................................................... 3,840,435 20 350,000 515,862 63,976 174,129 00 90 11 22 $11,258,553 43 L IA B IL IT IE S Amount due depositors, viz.: Principal ................................................................................ $10,187,817 27 Dividends credited or to be credited fo r the six months ending with December 31, 1915........................ 168,824 72 ------------------ $10,356,641 99 Surplus on market value......................................................................... 901,911 44 $11,258,553 43 Surplus on par value, $1,284,131.44. CASH TRANSACTIONS DURING THE YEAR 1915 R E CEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividends credited..................... From interest on loans, deposits and investments........................ From rents from hanking house.......................................................... From mortgages ....................................................................................... From redmption of stocks and bonds............................................... $625,277 2 ,2 6 5 ,8 0 9 470,646 1,000 288,750 5,000 22 74 54 00 00 00 $3 ,656,483 50 N e w Y ork C ounty 211 PAYM EN TS To depositors, including dividends paid to them For loans on bonds and mortgages........................... For current expenses of the bank, v iz.: F or salaries ............................................................................. For ta x e s : Banking house, $8,367.19 ; surplus, $5,495.99 ....................................................................................... F or expenses, except taxes, o f banking h o u se : Repairs ............................................................................... Insurance .......................................................................... Other .................................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking hou se.. $2 ,627,553 69 400,000 00 $27,400 00 13,863 18 830 10 104 83 1,315 85 5,576 84 49,090 80 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 579,839 01 $ 3 ,656,4S3 50 STATISTICAL INFORMATION 15 ,i636 Number of open accounts January 1, 1916.................................... Number of accounts opened or reopened during the year......... 2J 644 Number of accounts closed during the year................................. 2, 503 Amount deposited during the year, not including dividends credited for that period..................................................................... $2,265,809 74 2,6 2 7 ,5 5 3 69 Amount withdrawn during the year................................................... Amount of dividends credited and paid for the year, viz.: July 1, 1915................................................................................ January 1, 1916........................................................................ $169,073 60 168,824 72 Average amount of each account January 1, 1916......................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915......................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915..................................................... ............. Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915. ._........................... Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors................................................................................ 337,898 32 662 36 3% 3% $479,501 63 49,090 80 337,898 32 92,512 51 212 R eport on S avings B anks 87. UNITED STATES SAVINGS BANK OF THE CITY OF NEW YORK [606 Madison av en u e; incorporated 1889] CHARLES N. TAINTOR, President. JOHN HYSLOP, Treasurer. W ILLIA M C. ADAMS, Vice-President. EDW ARD H. LANDON, Secretary. FRANCIS G. LLOYD, Vice-President. ADOLPHE F. L e GOST, Cashier. TRUSTEES R IC H A R D A . ANTHONY, PAYSON M ERRILL. NOAH C. ROGERS, JOHN HYSLOP, CHARLES N. TAINTOR, JAM ES A. FRAM E, EDW ARD I. DEVLIN, E DW ARD H. LANDON, WM. C. ADAMS, W ILLIA M E. PECK, FRANCIS G. LLOYD, W. W IL L IS REESE, JOHN P. MUNN. N. C. FISH ER, JOHN E. W EEKS, ADOLPH E F. LE GOST, ISSAC N. SELIGMAN, LANGLEY W. W IGGIN, J. ADAMS BROWN, FINANCIAL RESOURCES Bonds and mortgages.............................................................................. $3,308,550 00 Stock and bond investments, viz.: S to c k s and bonds State o f M assachusetts......... Cities in other States.............. Cities in this S tate............... Railroad mortgage bonds___ Par value $40,000 00 197,000 00 612,400 00 934,000 00 $1,783,400 00 Original Estimated cost market value $39,735 00 $35,850 00 199,386 24 195,520 00 624,950 61 597,619 00 909,793,53 819,380 00 $1,773,865 38 $1,648,369 00 ■ ■= -— ... ...... - ----------- Banking house and lot, book value, $130,000; cost, $130,000; actual cash value.................................................................................... Cash on deposit in banks ortrust companies................................. Cash on hand ............................................................ Total of collectible in te re st.................................................................. Amount of all other assets, viz.: Rents accrued ...................................................................... Expenses advanced on account o f tenants.................. 1,648,369 00 130,000 398,901 10,222 47,665 00 29 07 53 $1,056 67 227 60 -------------------------------------- 1,284 27 $5 ,544 ,99 2 16 L IA B IL IT IE S Amount due depositors, viz.: . Principal ................................................................................ $5,178,540 94 Dividends credited o r to be credited for the six months ending with December 31, 1915...................... 82,358 43 $5,260,899 37 Other liabilities, viz.: M ortgage on banking house and lo t ................................ Interest accrued on m ortgage................................. .— Expenses incurred, but unpaid : Repairs, alterations and improvements to bank ing house ...................................................................... Sundries ............................................................................. $75,000 00 1,562 50 4,013 30 639 10 81,214 90 202,877 89 $5^544,992 16 Surplus on market value Surplus on par value, $337,908.89. CASH TRANSACTIONS DURING THE YEAR 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividends credited........................ From interest on loans, deposits andinvestments......................... From rents from banking house......................................................... From rents from other real estate........................................................ Form mortgages ......................................................................................... From redemption of stocks and bonds.............................................. From real estate sold.................................................................. $443,384 1,730,533' 242,898 378 51 70,000 5 ,0 00 32,500 17 85 10 33 00 00 00 00 N ew Y oke 213 C ounty From all other sources, viz.: Interest collected fo r subordinate m ortgagee............. Subpoena fees ........................................................................ Unexpired Insurance policy ............................................. .Sale o f old radiator.............................................................. Costs and allowances in foreclosure o f m ortgage... M ortgage on banking house and lot, assumed with interest on same .............................................................. Rent o f banking rooms refunded....................................... A llow ance on exam ination and insurance o f title to banking house and lo t...................................................... Rent o f fu rn itu re..................................................................... $500 3 38 1 326 00 00 08 08 56 75,625 00 500 00 73 43 10 00 ------------ $77,077 15 $2,601 ,82 2 60 PAYM EN TS To depositors, including dividends paid to them............................. $1 ,692,382 22 254,000 00 For loans on bonds and mortgages................................................... For stocks and bonds purchased, including premiums, commis 83,420 49 sions, etc. (total par value, $81,00 0)............................................ For interest (other than dividend payments to depositors).. 487 52 For current expenses of the bank, v iz.: For salaries ........................................................................... For ta x es: Banking house, $1,140.70; surplus, $1,376.77. F or expenses, except taxes, o f banking house : Insurance .......................................................................... Other .................................................................................. For rent o f banking room s............................................... For expenses o f other real estate, viz. : Repairs ............................................................................... Other .................................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking house— $14,089 00 2,517 47 325 50 790 74 5,000 00 3 00 5 00 2,144 24 24,874 95 Other payments, viz.: Interest paid over to subordinate m ortgagee............ Cash short ............................................................................. Organization expenses refunded to trustees............... Costs and allowances in foreclosure o f m ortgage---Rent o f furniture............................................. .................... Cost of banking house and lo t .......................................... $500 00 10 00 6,687 50 326 56 10 00 130,000 00 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 137,534 06 409,123 36 $ 2 ,6 0 1 ,8 2 2 6 0 STATISTICAL INFORMATION 13,695 Number of open accounts January 1, 1 9 1 6 ................................. Number of accounts opened or reopened during the year......... 2,722 Number of accounts closed during the year.................................... 2,069 Amount deposited during the year, not including dividends credited for that period..................................................................... $1 ,730,533 85 Amount withdrawn during the year................................................. 1,692,382 22 Amount of dividends credited and paid for the year, viz.: July 1, 1915................................................................................ January 1, 1916 .................................................................... Credited at other p eriods.................................................... $81,127 62 82,358 43 1 00 Average amount of each account January 1, 1916.................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915......................................................................... •. Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts...................... Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915........................... Net earnings for the year 1915 over expenses and dividends paid to depositors................................................................................ 163.487 05 384 14 3^ 3y2 $248,227 62 37,787 35 163.487 05 46,953 22 214 R eport on S ayings B anks 88. T H E U N IV E R S A L S A V IN G S BANK, NEW YORK C IT Y [149 Broadway ; incorporated 1907] W ILB U R F. BROWN, President. W ILBU R F. BROWN, J h„ Treasurer. ROBERT M cLEAN. Vice-President. BYRON W. GREENE, Secretary. CHAUNCEY L. M ITC H ELL, Vice-Pres. TRUSTEES W ILB U R F. BROWN. ROBERT M cLEAN , C. L. M ITCH ELL, BYRON W. GREENE, W ILB U R F. BROWN, J b ., RO B E R T M AZET, RU SSELL DART, SAMUEL D. FOLSOM, FRANK H. HINES, COURTNEY HYDE, AUGUST H. TIE M E Y E R, GROVER A. W H ALEN , B L A IR S. W ILLIA M S.- W IL L IA M M. MORGAN, ROBERT C. HILL, CHARLES J. AUSTIN, SAM. R. OUTERtBRIDGE. JAM ES L. BEYEA, JOHN H. HALLOCK, FINANCIAL RESOURCES Bonds and mortgages..,............................................................................ Stock and bond investments, viz.: S to c k s and to n d s Cities in this State................... Railroad mortgage bonds Par value $7,000 00 64,000 00 Original cost $6,753 12 61,171 25 Estimated market value $6,860 00 60,040 00 $71,000 00 $67,924 37 $66,900 00 Other real estate, book value, $12,743.55; cost, $12,743.55; actual cash value................................................................................ Cash on deposit in banks or trust companies............................... Cash on hand ............................................................................................. Total of collectible interest......... .......................................................... Amount of all other assets, viz.: Rents accrued ........................................................................ Equipment ............................................................................... $38 00 398 26 $149,750 00 66,900 00 12,743 16,703 1,509 2,543 55 23 56 01 436 26 $250,585 61 L IA B IL IT IE S Amount due depositors, viz.: P rincipal .................................................................................. Dividends credited or to be credited fo r the six months ending with December 31, 1915...................... $242,673 77 3,880 53 -----------------Surplus on market value....................................................................... $246,554 30 4,031 31 $250,585 61 Surplus on par value, $8,131.31. CASH TRANSACTIONS DURING THE YEAR 1915 R E CEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................ From depositors, not including dividends credited......................... From interest on loans, deposits and investments........................ From rents from other real estate.................................................... F'rom mortgages ....................................................... From stocks and bonds sold (total par value, $67,00 0).......... From all other sources, viz.: Trustees .................................................................................... Commissions and exchange................................................. Interest to depositors........................................................... $14,809 221,482 10,813 222 33,000 63,650 55 36 78 42 00 31 $119 26 359 91 5 26 -------------------------------------- 48443 $344,462 85 Y e w Y ork C ounty 2 15 PAYM EN TS To depositors, including dividends paid to them........................... For loans on bonds and mortgages......... ............................................ For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $69,000.).......................................... For interest (other than dividend payments to depositors) . . . For current expenses of the bank, viz.: F or rent o f banking room s................................................. For expenses o f other real estate, v i z ..: Repairs ............................................................................... Insurance .......................................................................... Taxes .................................................................................. Other .................................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking h o u se ... $184,791 29 70,500 00 64,798 73 564 90 $1,200 00 139 7 38 1 50 50 54 65 2,493 14 3,8 80 33 For real estate acquired by foreclosure, or in settlement of debts due the bank .............................................................................. Other payments, viz.: Equipment...................................................... Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 1,593 55 121 26 18,212 79 $344,462 85 STATISTICAL INFORMATION Number of open accounts January 1, 1916.................................... Number of accounts opened or reopened during the year......... Number of accounts closed during the year.................................... Amount deposited during the year, not including dividends credited for that period.......................................... ............................. Amount withdrawn during the year................................................. Amount of dividends credited and paid for the year, viz.: July 1, 1915............................................................................... January 1, 1916........................................................................ Credited at other period s.................................................... $221,482 36 184,791 29 $3,505 95 3,880 53 104 38 Average amount of each account January 1, 1916...................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................................ Rate per cent, of dividends to depositors during the six months ending December 31, 1915.............................................................. Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915............................... Dividends paid to depositors for the year 1915........................... Net earnings for the year 1915 over expenses and dividends paid to depositors ................................................................................ 2,905 2,422 1,471 7.490 86 84 84 4 4 $12,411 32 3,734 67 7.490 86 1,185 79 R eport on S avings B anks 216 89. W E S T S ID E S A V I N G S B A N K , N E W Y O R K C IT Y [110-112 Sixth aven ue; incorporated 1868.] CLARENCE O. BIGELOW , President. W IL L IA M V. HUDSON, Secretary. NELSON S. W ESTCOTT, Vice-Pres. JOHN J. BURKE, A ssistant Secretary. GEORGE E. M ARKS, Vice-President. TRUSTEES CLARENCE O. BIGELOW , JOHN C. CARPENTER, CHARLES E. DUROSS, E DW ARD R. FINCH, FR AN K L. FRUGONE, R O BERT L. HARRISON, JOHN W. JACOBUS, W. I. LINCOLN ADAM S, V. CHAPIN DAGGETT, JOSEPH H. EMERY, N. S. W ESTCOTT, WM. V. HUDSON, M. P. GOULD, ltUEL W. POOR. GEORGE E. M ARKS, A R TH U R J. M cCLURE, JOSEPH ROWAN, F. L. SATTE R LE E. THOM AS F. SOMERS, CHAS. H. VAN AKEN , FIN AN CIAL RESOURCES Bonds and mortgages Stock and bond investments, viz.: S to c k s and bonds State o f New Y ork................... State o f A labam a.................. State o f C alifornia............... Cities in other S tates........... Cities in this S tate............... Counties in this S tate......... Tow ns in this State............... V illages in this S tate............ School districts in this State Railroad mortgage bonds— $2 ,171 ,05 0 00 Par value $50,000 00 25,000 00 20,000 00 233,000 00 388,646 49 46,000 00 102,487 50 140,126 66 115,196 64 159,000 00 $1,279,457 29 Original cost $53,968 27,310 19,411 250,871 396,302 46,157 107,906 147,629 124,342 150,192 75 00 40 66 51 75 63 31 94 25 Estimated market value $56,000 00 25,000 00 19,400 00 241,470 00 391,346 49 46,460 00 104,682 81 139,437 32 117,953 75 132,430 00 $1,324,093 20 $1,274,180 37 ■ ------------' ...................... Other real estate, book value, $57,558.94; cost, $57,558.94; actual cash value ................................................................................ Cash on deposit in banks or trust companies............. .................... Cash on hand ............................................................................................. Total of collectible interest................................................................... 1,274,1 80 37 57,558 180,000 3,4 82 40,461 94 00 56 61 $3 ,726 ,73 3 48 L IA B IL IT IE S Amount due depositors, viz.: P rincipal .................................................................................. $3,430,948 82 Dividends credited o r to be credited fo r the six m onths ending with December 31, 1915 ...................... 63,175 20 ------------------ $3 ,494 ,12 4 02 Surplus on market value....................................................................... 232,609 46 $3,726 ,73 3 48 Surplus on par value, $237,886.38. CASH TRANSACTIONS DURING THE YEAR 1915 R E C E IPTS Cash on hand and in banks or trust companies January 1, 1915, bet ore transactions of the day............................................... From depositors, not including dividends credited...................... From interest on loans, deposits and investments...................... From rents from other real estate..................................................... From mortgages ........... From stocks and bonds sold (total par value, $89,865.82)......... From all other sources, viz.: Expenses repaid ..................................................................... Hom e savings banks............................................................. Cash over ............................................................................. $102,298 1,003,413 172,485 1,635 76,150 90,730 84 16 69 00 00 62 $75 36 79 00 12 20 --------------------------------------------- 1 6 6 5 6 $1,446,879 87 ISTe w Y ork C ounty 217 PAYM EN TS To depositors, including dividends paid to them............................. $ 1 ,142 ,89 4 60 For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $65,000)............................................. 67,647 30 For interest (other than dividend payments to depositors) . . . . 542 50 For current expenses of the bank, viz.: F or salaries ........................................................................... F or taxes : surplus .............................................................. F or expenses, except taxes, o f banking h o u s e : Repairs ............................................................................... Insurance .......................................................................... Other .................................................................... F or rent o f banking room s................................................. F or expenses o f other real estate, v i z .: Repairs .............................................................................. Insurance .......................................................................... Taxes .................................................................................. Other .................................................................................. F or other expenses, not including expenses o f other real estate nor other expenses o f banking h o u se ... $12,891 00 1,784 62 79 113 127 3,700 12 05 30 00 1,300 67 846 1,023 00 80 70 56 1,058 54 For real estate acquired by foreclosure, or in settlement of debts due the bank................................................................................ Other payments, viz.: Interest paid on account in litigation Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 22,991 69 29,111 22 210 00 183,482 56 $1 ,446,879 87 STATISTICAL INFORMATION 11,563 Number of open accounts January 1, 1916...................................... 2,106 Number of accounts opened or reopened during the year......... 2,006 Number of accounts closed during the year.................................... Amount deposited during the year, not including dividends credited for that period..................................................................... $1 ,003 ,41 3 16 1,142,894 60 Amount withdrawn during the year................................................... Amount of dividends credited and paid for the year, viz.: July 1, 1915.............................................................................. January 1, 1916........................................................................ $56,087 66 63,175 20 Average amount of each account January 1, 1916......................... Kate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................................ Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................. Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915.................................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 119,262 86 302 18 3y2 4 $174,877 65 21,598 63 119,262 86 34,016 16 N IA G A R A C O U N T Y 90. FARM ERS AND M E C H A N IC S ’ S A V IN G S LOCKPORT BANK OF THE C IT Y OF [116 Main s tr e e t; incorporated 1870] W IL L IA M A. W ILLIA M S, President. J. E. EMERSON, Secretary. CHARLES A. HOAG, Vice-President. CHARLES H. W ENDELL, Asst. Secy. JOSEPH DUM VILLE, Vice-President. TRUSTEES WM. A. W ILLIAM S, CHARLES A. HOAG, JOSEPH DUM VILLE. JEROME E. EMERSON, GEORGE II. MOODY, JOHN T. DARRISON, II. J. BABCOCK, WM. RICHMOND, I. A. BRONSON. th os. m . m cgrath, M. D. C LAPSATTLE, JOHN B. ARNOLD, E. M. GRIGG, FIN AN CIAL RESOURCES Bonds and mortgages.................... Stock and bond investments, viz.: S to c k s and bon ds State o f Louisiana................... Cities in other States............ Cities in this S tate............... Counties in this S tate............ Towns in this S tate............... Villages in this S tate............ School districts in this State Railroad mortgage bonds— $3 ,747,373 00 Par value $100,000 00 108,000 00 243,568 58 10,000 00 124,918 26 156,000 00 93,400 00 696,000 00 $1,531,886 84 Original Estimated cost market value $99,085 00 $103,000 00 109,858 23 111,210 00 245,987 96 242,895 39 10,000 00 10,000 00 124,918 26 120,933 05 151,770 00 158,885 07 95,590 48 94,162 50 736,494 79 599,370 00 $1,580,819 79 $1,433,340 94 1,433,340 94 Banking house and lot, book value, $143,955.70; cost, $143,955.70; actual cash value................................................................... Other real estate, book value, $15,000; cost, $25,352.69; actual cash value ................................................................................ Cash on deposit in banks or trust companies............................... Cash on hand ............................................................................................. Total of collectible interest..................................................................... Amount of all other assets, viz.: Land contracts .................. Suspense account ................................................................. Insurance premiums and taxes advanced....................... Rents accrued ........................................................................ New York State barge canal judgm ents........................... $12,055 2,504 127 310 19,773 140,000 00 25,352 613,129 98,481 51,832 69 18 61 62 10 63 71 00 99 34,771 43 $6,144,281 47 L IA B IL IT IE S : Amount due depositors, viz.: Principal .................................................................................. $5,708,114 12 Dividends credited or to be credited fo r the six months ending with December 31. 1915...................... 54,497 74 ------------------ $5,762,611 86 Other liabilities, viz.: Expenses incurred, but unpaid, fran chise tax 1,500 00 Surplus on market value........................................................................ 380,169 61 $6,144,281 47 Surplus on par value, $478,715.51. = CASH TRANSACTIONS DURING THE YEA R 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not includingdividends credited...................... From interest on loans, deposits andinvestments......................... From rents from banking house......................................................... From mortgages ...................................................................................... [218] $654,444 2,0 6 3 ,0 3 7 282,380 6,058 200,596 79 46 35 00 00 N iagara C o u n ty 219 From redemption of stocks and bonds............................................... From real estate sold................................................................................ From all other sources, viz.: Land contracts .................................................................... Insurance premiums and taxes advanced, refunded.. Waste paper and furniture so ld ....................................... Rebate on insurance............................................................ PAYM ENTS' $87,170 06 10,344 65 $1,070 72 1,086 75 13 96 53 _ 2,171 96 $3,306,203~27 To depositors, including dividends paid to them........................... $2 ,321 ,96 0 56 111,050 00 For loans on bonds and mortgages...................................................... For stocks and bonds purchased, including premiums, commis 87,385 81 sions, etc. (total par value, $87,385.81)...................................... 1,278 01 For interest (other than dividend payments to depositors) . .. For current expenses of the bank, viz.: For salaries ........................................................................... For ta x e s : Banking house, $3,107.37 ; surplus, $2,716.51 For expenses, except taxes, o f banking h o u s e : Repairs ............................................................................. Insurance .......................................................................... Other .................................................................................. For expenses o f other real estate,v i z .: Other............ For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. $13,050 00 5,823 88 382 94 76 37 3,365 75 258 61 2,704 10 25,661 65 For real estate acquired by foreclosure, or in seettlement of debts due the bank. . . .......................................................................... Other payments, viz.: Land contracts ...................................................................... Insurance premiums and taxes advanced...................... 35,697 34 $10,344 65 1,214 46 11,559 11 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 711,610 79 $3,306,203 27 STATISTICAL INFORMATION 12,866 Number of open accounts January 1, 1916...................................... 2,024 Number of accounts opened or reopened during the year.......... 1,568 Number of accounts closed during the year.................................... Amount deposited during the year, not including dividends credited for that period..................................................................... $2 ,063,037 46 2 ,3 2 1 ,9 6 0 56 Amount withdrawn during the year................................................... Amount of dividends credited and paid for the year, viz.: April 1, 1915............................................................................. July 1, 1915................................................................................ October 1, 1915........................................................................ January 1, 1916........................................................................ Credited at other p eriods................................................... Debited at other periods $55,990 32 55,244 35 54,576 70 54,497 74 5 42 $220,314 53 12 00 Average amount of each account January 1, 1916...................... Number of accounts which exceeded $3,000, exclusive of div idends credited, at the last trial balance of depositors’ ledgers, except deposits arising from society accounts, or judicial sales, or trust funds, or by order of a court of record or of a surrogate..................................................................... Total amount of such accounts............................................................ Rate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................................ Rate per cent, of dividends to depositors during the six months ending December 31, 1915.................................................................. Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915............................... Dividends paid to depositors for the year 1915........................... Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 220,302 53 443 66 9 $30,507 27 4 4 $283,314 66 26,101 35 220,302 53 36,910 78 R eport on S avings B anks 220 91. N IA G A R A C O U N T Y S A V IN G S B A N K , N IA G A R A F A L L S 1304 Niagara s tr e e t; incorporated 1890] C. M YOUNG, President. JAMES T. LOW, Secretary. TOSEPH E. MONTAGUE, Vice-President. JOHN P. DOLAN, Treasurer. HENRY HUBBS, Vice-President. TRUSTEES L. W. PETTEBON E. A L E X . J. PORTER. JULIUS KRAKOSKI, FRAN CIS H. SALT, F R E D J. COE, GEORGE F. NYE, W IL L IA M C. W ALLACE, JOSEPH E. MONTAGUE, JOHN T, W ILLIAM SON, CHRIS. M. YOUNG, AUGUSTUS G. PORTER, EUGENE CARY, DE LANCY RANKINE, JOHN H. ELLENBAUM , RICHARD CRICK. F R ED ’ K CHORMANN, D RAKE W H ITNEY, HENRY HUBBS. FIN AN CIAL RESOURCES Bonds and m o r t g a g e s ........................................................................... Stock and bond investments, viz.: Par value Cities in other States............ $5,000 00 Cities in this S tate............... 249,822 00 Counties in this State............ 5,000 00 Towns in this S ta te.................. 16,000 00 Villages in this State............ 56,000 00 School districts in this State 39,000 00 Railroad mortgage b o n d s .... 18,000 00 S to c k s and bon ds $388,822 00 $1,174,251 00 Original Estimated cost market value $5,247 25 $5,050 00 254,094 99 248,477 62 4,900 00 4,900 00 16,557 12 16,380 00 56,928 16 56,300 00 40,742 10 39,050 00 18,907 25 14,480 00 $397,376 87 $384,637 62 384,637 62 Other real estate, book value, $8,986.34; cost, $8,986.34; actual cash value .................................................................................. Cash on deposit in banks or trust companies............................... Cash on hand ............................................................................................. Total of collectible interest................................. ................................. 8,986 301,527 5,875 37,823 34 01 03 90 $1,913,100 90 L IA B IL IT IE S Amount due depositors, viz.: Principal .................................................................................. $1,798,546 44 Dividends credited or to be credited for the six m onths ending with December 31, 1915...................... 31,964 86 ------------------ $1,830,511 30 Other liabilities, viz.: Due on mortgages........................................ 5,908 99 Surplus on market value......................................................................... 76,680 61 1,9 13,1 00 90 Surplus on par value, $80,864.99. CASH TRANSACTIONS DURING THE Y E A R 1915 R E CEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................. From depositors, not including dividends credited.................... From interest on loans, deposits andinvestments...................... From rents from other real estate................................................ From mortgages ................................................................. From redemption of stocks and bonds............................................. From all other sources, viz.: Due on m ortgages................................................................. Sale o f travelers checks...................................................... $183,890 1,169,365 91,391 227 61,850 77,250 06 09 60 71 00 00 $8,835 82 8 55 -------------------------------------- 8,844 37 $1,592,818 83 N iagara C o u n ty 2 21 PAYMENTS To depositors, including dividends paid to them...................... .. $1 ,047,399 62 160,725 00 For loans on bonds and mortgages..................................................... For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $59,018.00)..................................... 58,331 17 For interest (other than dividend payments to depositors) . . . . 251 27 For current expenses of the bank, viz.: F or salaries ........................................................................... For taxes : Surplus .............................................................. For expenses, except taxes, o f banking h o u se : Insurance .......................................................................... For rent o f banking room s................................................. For expenses o f other real estate, v i z .: $6,537 69 658 75 Repairs ............................................................................. Insurance .......................................................................... T axes ................................................................................ Other .................................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. 30 19 124 71 8 60 900 00 00 25 57 44 2,455 36 10,805 66 For real estate acquired by foreclosure, or in settlement of debts due the bank................................................................................ Other payments, viz.: Paid on mortgages.................................... Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 4,787 27 3,116 80 307,402 04 $1,592,818 83 STATISTICAL INFORMATION Number of open accounts January J, 1916...................................... 6,514 Number of accounts opened or reopened during the year......... 2,396 Number of accounts closed during the year.................................... 1,874 Amount deposited during the year, not including dividends credited for that period.................................................................. $1 ,169 ,36 5 09 Amount withdrawn during the year................................................... 1,047,399 62 Amount of dividends credited and paid for the year, viz.: July 1, 1915............................................................................... January 1, 1916...................................................................... Credited at other periods.................................................... $30,528 48 31,964 86 862 87 Average amount of each account January 1, 1916........................ Rate per cent, of dividends to depositors during the six months ending June 30, 1915........................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................ Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915............................... Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors .............................................................................. 63.356 21 281 01 4 4 $92,292 78 10,805 66 63.356 21 18,130 91 O N E ID A C O U N T Y 92. T H E O N E ID A C O U N T Y S A V IN G S B A N K , R O M E [178 W est Dominick stre e t; incorporated 1869] CHAS. W. LEE, President. A. E. W ETH E R B E E , Treasurer. W. W. PARRY, Vice-President. G. L. PRESCOTT, Secretary. F. M. ORTON, Vice-President. TRUSTEES F. M. ORTON, D. L». GREEN FIELD, HOW ARD C. W IGGIN S, JOHN R, EDW ARDS, W. W. PA RR Y , LAW RENCE CAREY, AR TH U R J. W YLIE , D. W. W ARD W ELL, CHARLES W. LEE. JAMES P. OLNEY, F. G. RATHBUN, D. L. BRADT, E. A. SMITH, FIN AN CIAL RESOURCES Bonds and mortgages ............................................................................ $1 ,436 ,03 0 55 Stock and bond investments, viz.: Par S to c k s and bon ds value Cities in other States......... $70,000 00 115,53000 Cities in this S tate................... Towns in this State.................... 25,00000 Villages in this State............ 254,900 00 School districts in this State 27,525 00 Railroad mortgage bonds___ 391,000 00 $883,955 00 Original cost $71,922 119,408 26,419 260,415 28,086 390,923 80 10 50 38 19 50 $897,175 47 Estimated market value $68,800 00 109,493 90 25,155 00 249,005 10 27,620 00 316,730 00 $796,804 00 796, 804 00 — --------- ---------------- = = = = = Banking house and lot, book value, $20,000; cost, $20,342.30; actual cash value ................................................................................ Cash on deposit in banks or trust companies............................... Cash on hand ........................................................................................... Total of collectible interest................................................................... Amount of all other assets, viz.: Insurance premiums and taxes advanced...................... Bankers Engineering C om pany.......................................... Construction account ........................................................... New York State barge canal judgm ent......................... 20, 000' 156,662 26,051 44, 331 00 59 83 82 $118 29 2,629 74 50 62 4,407 34 ------------------ 7,205 99 $2,487, 086~78 L IA B IL IT IE S Amount due depositors, viz.: Principal ................................................................................ $2,348,755 13 Dividends credited or to be credited fo r the six months ending with December 31, 1915...................... 39,843 92 ------------------ $2, 388, 599 05 Surplus on market value ..................................................................... ............98, 487 73 $2 ,487,086 78 Surplus on par value, $185,638.73. CASH TRANSACTIONS DURING THE YEA R 1915 R E CEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................. From depositors, not including dividends credited.................... From interest on loans, deposits and investments........................ From rents from banking house......................................................... From m ortgages......................................................................................... From redemption of stocks and bonds............................................. From stocks and bonds sold (total par value($33,000.00)-----[222] $182, 169 502,985 113,230 426 88, 030 38,545 30,462 40 26 61 00 00 00 50 O n eida C o u n ty 223 From all other sources, viz.: Correction o f interest to depositors................................ Interest on interest, m ortgages........................................ A ppraisals refunded ............................................................ Insurance premiums and taxes advanced, refun ded.. Hom e safes and desks sold ................................................. Refund, American Press A ssociation............................. $0 142 4 681 11 6 07 16 00 91 40 33 ------------------ $845 87 $956,694 64 PAYM ENTS To depositors, including dividends paid to them......................... For loans on bonds and mortgages................................................... For interest (other than dividend payments to depositors) . . For current expenses of the bank, viz.: F or salaries ............................................................................. For taxes : Banking house, $315.79 ; surplus, $719.76 ; on mortgages, $65.50............................................................ For expenses, except taxes, o f banking h o u se : Repairs ............................................................................... Insurance .......................................................................... F or rent o f banking room s.................................................... For other expenses, not including expenses o f other real estate nor other expenses o f banking hou se.. $632,397 05 121,665 00 606 50 $7,550 00 1,101 05 40 30 68 13 400 00 2,362 82 11,522 30 Other payments, viz.: Insurance premiums and taxes advanced.................... C orrection o f interest to d epositors................................ L oss on m ortgage foreclosu re............................................ Bankers Engineering C om pany.......................................... C onstruction account ......................................................... New York State barge canal judgm ents purch ased... $688 84 11 26 1 57 2,629 74 50 62 4,407 34 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 7,789 37 182,714 42 $956,694 64 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... Number of accounts opened or reopened during the y e a r .... Number of accounts closed during the year................................. Amount deposited during the year, not including dividends credited for that period..................................................................... Amount withdrawn during the year................................................. Amount of dividends credited and paid for the year, viz.: July 1, 1915................................................................................ January 1, 1916........................................................................ Credited at other periods.................................................. $502,985 26 632,248 00 $39,759 89 39,843 92 149 05 Average amount of each account January 1, 1916...................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................ Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................. Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915............................... Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors .............................................................................. 7,534 741 790 79, 752 86 317 04 3% 3y2 $112,178 17 11,522 30 79,752 86 20, 903 01 224 R eport on S avings B anks 93. THE ROME SAVINGS BANK, ROME [122 W est Dom inick stre e t; incorporated 1851] SAMUEL H. BEACH. President. JAM ES T. STONE, Treasurer. HENRY BARNARD, S b ., Vice-President. FRANK M. M ERTZ, Asst. Treas. JAM ES A. BAILEY, Vice-President. F . M. SHELLEY, Secretary. TRUSTEES SAMUEL II. BEACH. HENRY BARNARD, Sb . JOHN D. MCMAHON, THEO. D. MOWRY, JAMES M. ETH RIDGE, C ARL SIMON, FRED M. SHELLEY, JAMES A. B A ILE Y , WESTON JENKINS. JAMES A. SPARGO, GEORGE A. CLYDE, A. R. KESSINGER, HOW ARD J. ROW LAND, FIN AN CIAL RESOURCES Bonds and mortgages .................... Stock and bond investments, viz.: $2,088, 948 49 Par value $50,000 00 80,000 00 30,000 00 228,000 00 362,979 79 96,000 00 32,000 00 46,600 00 26,000 00 548,500 00 S ta ck s and b on d s State o f New Y ork............... State o f M assachusetts......... State o f C alifornia................. Cities in other States............ Cities in this State................. Counties in this State.......... Towns in this State............... Villages in this State............ S chool districts in this State Railroad mortgage bonds---- $1,500,079 79 Original Estimated cost market value $52,500 00 $52,000 00 74.200 00 83,790 00 28,575 00 28.200 00 219,400 00 234,999 65 384,723 37 329,849 79 104,140 00 96,000 00 32,824 00 32,900 00 47,994 75 43,337 00 26,671 00 26,330 00 580,406 47 502,065 00 $1,576,124 24 $1,404,781 79 1,404,781 79 Banking house and lot, book value, $52,000; cost, $54,000; actual cash value ................................................................................ Other real estate, book value, $1,118.15; cost, $1,118.15; actual cash value ................................................................................ Cash on deposit in banks or trust companies............................. Cash on hand .............................................................................................. Total of collectible interest................................................................... Amount of all other assets, viz.: New York State barge canal judgm ents........................ Land contracts ..................................................................... Insurance premiums and taxes advanced...................... 52,000 00 1,118 203,441 22,431 63,978 15 50 30 51 $9,202 28 4,500 00 584 52 14,286 80 $3,850 ,98 6 54 L IA B IL IT IE S = = = = = Amount due depositors, viz.: Principal .................................................................................. $3,492,617 72 Dividends credited or to be credited fo r the six months ending with December 31, 1915........................ 59,208 48 ------------------ $3, 551, 826 20 Surplus on market value ..................................................................... 299, 160 34 $3 ,850 ,98 6 54 Surplus on par value, $394,458.34. CASH TRANSACTIONS DURING THE YEA R , 1915 R E CEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............. .............................. From depositors, not including dividends credited...................... From interest on loans, deposits and investments...................... From rents from banking house.......................................................... From m ortgages......................................................................................... From redemption of stocks and bonds............................................... From real estate sold ............................................................................ From all other sources, viz.: W aste paper sold ................................................................... Appraisals ........................................................................... $5 60 24 90 $450,143 734,179 167,951 300 167,574 7,839 4,9 00 70 52 68 00 95 38 00 O n e id a 2 25 C ounty Land contracts ..................................................................... Suspense account ................................................................. Insurance premiums and taxes advanced, refunded.. $1,000 00 333 20 343 16 $1,706 76 $1 ,534,595 99 PAYM ENTS To depositors, including dividends paid to them........................ For loans on bonds and mortgages................................................... For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $100,094.94)........................... For interest ( other than dividend payments to depositors) .. For current expenses of the bank, viz.: For salaries ............................................................................. F or taxes : Banking house, $617.58; surplus, $2,601.98 ; on mortgages,$139.00............................................................ F or expenses, except taxes, o f banking h o u se : Repairs .............................................................................. Insurance ......................................................................... Other .................................................................................. F or expenses o f other real estate, v i z .: Repairs ............................................................................... Taxes .................................................................................. Other .................................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. $952,524 28 214,450 00 102,419 94 1, 365 38 $11,760 00 3,358 56 152 27 128 40 548 60 51 61 390 48 124 41 5,041 16 21,555 49 For real estate acquired by foreclosure, or in settlement of debts due the bank .............................................................................. Other payments, viz.: Suspense account ................................................................. Insurance premiums and taxes advanced...................... New York State barge canal judgm ents purchased.. Land contracts ..................................................................... Loss on sale of real estate................................................. $154 781 9,202 3,500 252 2,518 15 25 15 28 00 27 13,889 95 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 225,872 80 $1,534,595 99 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... Number of accounts opened or reopened during the year......... Number of accounts closed during the year................................. Amount deposited during the year, not including dividends credited for that period ..................................................................... Amount withdrawn during the year ............................................... Amount of dividends credited and paid for the year, viz.: July 1, 1915.............................................................................. January 1, 1916........................................................................ Credited at other periods.................................................... $734. 179 52 952, 524 28 $59,766 85 59,208 48 353 27 Average amount of each account January 1, 1916...................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915.......................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts........................... Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors ................................................................................ 8 9, 714 1,255 1, 075 119, 328 60 366 77 3% 3y2 $169, 937 38 21 , 555 49 119, 328 60 29, 053 29 226 R eport on S ayings B anks 94. T H E S A V I N G S B A N K OF U T I C A , U T I C A [233 Genesee stre e t; incorporated 1839] CHARLES A. M ILLER, President. RUFUS P. BIR D SE YE , Treasurer. THEODORE S. SAYRE, Vice-President. HARRY A. H ILLSIN G ER , Secretary. TRUSTEES W IL L IA M KERNAN, RUFUS P. BIRDSEYE, THOMAS R. PROCTOR, CHARLES A. M ILLER, CHARLES S. SYMONDS. FRAN K E. W H EELER, THEODORE S. SAYRE, HENRY H. COOPER, N. E. DEVEREUX. GEORGE L. CURRAN, GEO. L. BRADFORD. J. D e PE YST E R LYNCH, CHARLES B. ROGERS, FINANCIAL RESOURCES Bond and mortgages........................ Stock and bonds investments, viz.: $8,300,532 92 Par S to c k s and bon ds value $250,000 00 State o f New Y o rk ................ State o f M issouri................... 65,000 00 Cities in other States........... 1,749,100 00 Cities in this State................ 1,944,850 0 0 Counties in this state............ 80,000 00 Towns in this S tate............... 99,900 00 293,123 86 Villages in this State............ School districts in this State 81,400 00 Railroad m ortgage b o n d s... 1,881,000 00 $6,444,373 86 Original Estimated cost market value $250,912 00 $250,000 00 64,311 07 65,000 00 1.754,452 00 1,815,518 60 2,080,195 07 1,968,357 00 79,500 00 78,790 00 103,261 63 99,600 00 300.245 61 289,385 66 84,257 95 82,166 00 2,045,731 02 1,827,530 00 $6,823,222 95 $6,415,990 66 - : = = .. = - - ------ = Banking house and lot, book value, $93,000; cost, $249,203.30; actual cash value.................................................................................. Other real estate, book value, $65,813.17; cost, $83,918.40; actual cash value ................................................................................ Cash on deposit in banks or trust companies................................. C ash on hand .................................................................................................................................... 93,000 00 65,813 17 1,925,420 55 1 0 1 ,9 6 2 Total of collectible interest................................................................... Amount of all other assets, viz.: Insurance premiums and taxes advanced...................... Suspense account ................................................................. New York State barge canal judgm ents......................... 6,4 1 5 ,9 9 0 66 73 197,816 78 $2,948 76 463 93 45,265 12 -------------------------------------- 48,677 81 $17,149,214 62 L IA B IL IT IE S — = = = Amount due depositors, viz.: Prinicipal .............................................. ............................. -$15,190,381 44 Dividends credited or to be credited fo r the six months ending with December 31, 1915 ...................... 255,954 94 $15,446,336 38 Other liabilities, viz.: Dividends accrued on deposits to January 1, 1916....... Expenses incurred, hut unpaid : Attorney’s fees ................................................................ Sundries ........................................................................... $1,813 52 1,250 00 850 00 -----------------Surplus on market value....................................................................... 3,913 52 1,698,964 72 $17,149,214 62 Surplus on par value, $1,727,347.92. -----CASH TRANSACTIONS DURING THE YEA R 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............. _............................. $1,369,816 47 From depositors, not including dividends credited...................... 3 ,2 50,9 76 87 From interest on loans, deposits and investments........................ 776,736 28 From mortgages ....................................................................................... 371,823 53 From redemption of stocks and bonds............................................... 876,997 89 From stocks and bonds sold (total par value, $621,000)........... 533,665 73 From loans paid ....................................................................................... 100,000 00 From all other sources, viz.: Insurance premiums and taxes advanced, refunded.. Suspense account ................................................................. Interest sundries ................................................................... $1,559 23 18 58 37 O n e id a P r o f it R ent Land R eal C ounty 227 $105 00 26 42 1,700 00 3,363 94 a n d lo ss ...................... co n tra ct e sta te . . . ----------- $7,514 14 $7 ,287 ,53 0 91 PAYM ENTS To depositors, including dividends paid to them........................... $3,857 ,97 0 For loans on bonds and mortgages...................................................... 411,047 For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $860,735.24).................................... 856,006 For interest (other than dividend payments to depositors) . . . . 8,782 For current expenses of the bank, viz.: F or salaries ........................................................................... F or t a x e s : Banking house, $7,556.02 ; surplus, $15,092.94 ; on mortgages, $1,711............................................... F or expenses, except taxes, o f banking h o u se: Repairs ............................................................................... I n s u r a n c e .......................................................................... Other .................................................................................. For expenses o f other real estate, v i z .: T axes.......... For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. 23 00 02 92 $27,942 22 24,359 96 1,958 36 2,733 10 21 60 80 50 14,638 01 71,679 30 Other payments, v iz.: Insurance premiums and taxes advanced..................... Suspense account .............................................................. Profit and loss...................................................................... Other real estate................................................................... Interest sundries ................................................................... Salaries taxed at source................................................... New York State barge canal judgm ents purchased.. $3,923 77 729 21 16 40 4,571 40 96 26 60 00 45,265 12 54,662 16 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 2,027,3 83 28 $772877530'91 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... 33,613 Number of accounts opened or reopened during the year......... 5,355 Number of accounts closed during the year............. ...................... 4,878 Amount deposited during the year, not including dividends credited for that period..................................................................... $3,250,976 87 Amount withdrawn during the year................................................... 3,857,9 70 23 Amount of dividends credited and paid for the year v iz.: July 1, 1915................................................................................ January 1, 1916.......... ............................................................. Credited at other p eriods.................................................. $257,625 48 255,954 94 8,475 55 Average amount of each account January 1, 1916...................... Number of accounts which exceeded $3,000, exclusive of divi dends credited, at the last trial balance of depositors’ ledgers, except deposits arising from society accounts, or judicial sales, or trust funds, or by order of a court of record or of a surrogate....................................................................... Total amount of such accounts............................................................ Rate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................ Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts........................... Total expenses of the bank for the year 1915.................................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors ................................................................................ 522,055 97 467 10 4 $12,294 90 3% 3U $722,072 66 72,208 47 522,055 97 127,808 22 ONONDAGA COUNTY 95. ON O N D AG A C O U N T Y S A V IN G S B A N K , S Y R A C U S E [101 South Salina stre e t; incorporated 1855] HENRY M. ROWLING, President. DOUGLAS E. P E T IT , Treasurer. WM. D. DUNNING, Vice-President. CH A R LE S A. HUDSON, Secretary. ANSON N. PALM ER, Vice-President. H U LBU RT D. ROSE, Auditor. TRUSTEES GEO. M. BARNES, CHAS. E. C H A PPELL, W. D. DUNNING, CHARLES A. HUDSON, SALEM HYDE, A. E. M cCHESNEY, T. WM. MEACHEM, A. E. NETTLETON. ANSON N. PALM ER, HIRAM W. PLUMB, JOHN R. CLANCY, HENRY M. ROW LING, ADOLPH H. SCHW ARZ, CH A R LE S W. SNOW, CHARLES L. STONE, ED W AR D A. POW ELL, DOUGLAS E. P E TT IT . FINANCIAL RESOURCES Bonds and mortgages ..............................................................................$16,530,388 10 Stock and bond investments, v iz.: S to ck s and bon ds Cities in other States............ Cities in this State............... Counties in this State.......... Towns in this State.............. Villages in this State............ Railroad mortgage b o n d s .... P ar value 750,000 00 2,780,000 0 0 45,000 00 25,200 0 0 25,000 00 4,357,000 0 0 $7,982,200 00 Original Estimated cost market value $776,172 75 $766,250 00 2,942,989 32 2,628,200 00 45,045 00 41,900 00 27,405 25 24,912 00 28,000 00 24,500 00 4,630,822 75 4,135,060 00 $8,450,435 07 $7,620,822 00 — — : ■ ■- - = ■-....... - - - - - Banking house and lot, book value, $760,000; cost, $860,445.08; actual cash value ................................................................ Other real estate, book value, $11,948.71; cost, $11,948.71; actual cash value ................................................................................ Cash on deposit in banks or trust companies............................... Cash on hand ............................................................................................. Total of collectible interest................................................................... Amount of all other assets, v iz.: Land contracts ...................................................................... Insurance premiums and taxes advanced...................... Rents accrued ........................................................................ 7,6 20,8 22 00 760,000 00 11,948 1, 143, 101 130,392 459, 320 71 79 59 64 $63,009 58 9,033 93 4,567 29 76,610 80 $26,732, 584 63 L IA B IL IT IE S Amount due depositors, viz.: P rincipal ................................................................................ $24,064,192 20 Dividends credited or to be credited fo r the six 463,049 93 months ending with December 31, 1915....................... —--------------- 24 ,527,242 13 Other liabilities, viz.: Treasurer’s checks outstanding........... 25,635 35 Surplus on market value....................................................................... 2,1 7 9 ,7 0 7 15 $26, 732, 584 63 = = = = = = Surplus on par value, $2,541,085.15. CASH TRANSACTIONS DURING THE YEA R 1915 R E CEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day.............................................. $1, 163,077 5,9 6 0 ,7 6 3 From depositors, not including dividends credited.................... 1.178,015 From interest on loans, deposits and investments...................... 51,427 From rents from banking house.......................................................... 659,460 From mortgages ......................................................................................... 48, 100 From redemption of stocks and bonds............................................ 600,004 From stocks and bonds sold (total par value, $ 6 4 0 ,0 0 0 ) .... 10, 000 From real estate sold.............................................................................. From all other sources, viz.: Treasurer’s checks outstanding........................................ S a le o f l a w l i b r a r y ................................................................ Land contracts ..................................................................... Insurance premiums, taxes and repairs advanced, refunded ............................................................................... [228] $51,975 58 2 ,0 0 0 0 0 1,760 00 8,078 96 71 11 38 42 83 00 68 00 O nondaga C o u n ty Rents on other real estate heretofore so ld ............... Advances fo r adjusting fire loss refunded................. Unpaid drafts and treasurer’ s checks credited profit and loss .............................................................................. 229 $775 00 300 00 186 71 ------------------ $65,076 25 $9,735,925 38 PAYM EN TS To depositors, including dividends paid to them........................ $6,175,227 90 For loans on bonds and mortgages................................................... 824,605 00 For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $1,232,000)............................. 1,226,435 50 For interest (other than dividend payments to depositors).. 13,071 61 For current expenses of the bank, viz.: For salaries ........................................................................... F or ta x e s : Banking house, $21,208.55 ; surplus, $18,445.96 ..................................................................................... F or expenses, except taxes, o f banking h o u se : Repairs .............................................................................. Insurance .......................................................................... Other .................................................................................. For expenses o f other real estate, viz. : Repairs ............................................................................... Taxes .................................................................................. Other .................................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. $39,566 00 39,654 51 3,548 15 411 80 30,895 22 27 40 54 50 00 22 15,241 65 129,417 27 For real estate acquired by foreclosure, or in settlement of debts due the bank.............................................................................. Other payments, viz.: Treasurer’s checks outstanding........................................ Insurance premiums, repairs and taxes advanced___ Cash short ............................................................................... Interest paid in error refunded........................................ Adjustm ent o f fire lo ss....................................................... Service o f witness in law su it.......................................... Taxes on other real estate heretofore so ld ................... 24,937 96 $53,286 25 14,905 82 213 14 18 75 300 0 0 10 00 1 80 68,735 76 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 1,273,494 38 $9,735, 925 38 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... 53, 297 Number of accounts opened or reopened during the year......... 8, 144 Number of accounts closed during the year.................................... 8, 205 Amount deposited during the year, not including dividends credited for that period..................................................................... $5,960,763 11 Amount withdrawn during the year................................................. 6, 165, 576 57 Amount of dividends credited and paid for the year, viz.: July 1, 1915............................................................................... January 1, 1916........................................................................ Credited at other periods.................................................... $453,516 48 463.049 93 9,651 33 926,217 74 460 19 Average amount of each account January 1, 1916...................... Number of accounts which exceeded $3,000, exclusive of divi dends credited, at the last trial balance of depositors’ ledgers, except deposits arising from society accounts, or judicial sales, or trust funds, or by order of a court of record or of a surrogate..................................................................... 1 $3,155 12 Total amount of such accounts............................................................ Rate per cent, of dividends to depositors during the six months ending June 30, 1915......................................................................... 4 Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................ 4 Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. $1, 220, 824 96 Total expenses of the bank for the year 1915............................... 131,195 94 Dividends paid to depositors for the year 1915............................... 926,217 74 Net earnings for the year 1915 over expenses and dividends paid to depositors ................................................................................ 163,411 28 230 R eport on S avings B anks 96. S K A N E A T E L E S S A V IN G S B A N K , S K A N E A T E L E S [Genesee s tre e t; incorporated 1866] J. HORATIO EARLL, President. EMERSON H. ADAM S, Treasurer. J. C. STEPHENSON, Vice-President. IT. WINSLOW THURLOW . Secretary. W. F. CUDDEBACK, Vice-President. TRUSTEES J. HORATIO EARLL, JOHN C. STEPHENSON, W. F. CUDDEBACK, EMERSON H. ADAMS, GEO. D. CUDDEBACK, D A V ID COLTON, W ILDIAM T. THORNE, CHARLES W. HUNT, GEORGE SMITH. FOREST G. W EEKS, F. EUGENE STONE, W ILLIA M LOCKWOOD, CORNELIUS M ITCH ELL, FIN AN CIAL RESOURCES Bonds and mortgages............................................... Stock and bond investments, viz.: S to c k s a n d Par value $30,000 00 106,500 00 63,000 00 58,550 00 110,000 00 bonds State o f New Y ork............... Cities in this State............... Villages in this S tate........ School districts in this State R ailroad mortgage bonds---- $368,050 00 $751,784 74 Original Estimated cost market value $30,250 00 $30,600 00 107,135 69 106,365 00 63,650 00 62,874 00 58,593 83 57,531 50 101,557 91 83,300 00 $361,187 43 $340,670 50 340,670 50 Banking actual Cash on Cash on Total of Amount house and lot, book value, $9,500; cost, $13,591.31; cash value..................................................................................... deposit in banks or trust companies................................. hand................................................................................................ collectible interest..................................................................... of all other assets, viz.: Rents accrued......................... 9,500 139,629 12,484 18,309 81 00 86 92 77 50 $1,272,461 29 L IA B IL IT IE S Amount due depositors, viz.: Principal .................................................................................. $1,153,473 00 Dividends credited or to be credited fo r the six m onths ending w ith December 31, 1915...................... 21,968 48 ------------------ $1,175,441 48 Surplus on market value......................................................................... 97,019 81 $1,272,461 29 Surplus on par value, $124,399.31. CASH TRANSACTIONS DURING THE YEA R 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividends credited........................ From interest on loans, deposits and investments......................... From rents from banking house............................................................ From m ortgages......................................................................................... From redemption of stocks and bonds............................................... $113,977 622,847 57,277 326 46,775 18,750 16 33 77 00 00 00 $859,953 26 PAYM EN TS To depositors, including dividends paid to them........................... For loans on bonds and mortgages..................................................... For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $2 3,00 0)............................................. For interest (other than dividend payments to depositors)___ $627,282 87 49,500 00 23,000 00 181 25 O nondaga C o u n ty 2 31 For current expenses of the bank, viz.: F or salaries ............................................................................. F or taxes : Banking house, $175.82 ; surplus, $867.35. F or expenses, except taxes, o f banking h o u se : Repairs ............................................................................. Insurance .......................................................................... F or other expenses, not including expenses o f other real estate nor other expenses o f banking house.. $5,300 00 1,043 17 35 54 72 00 1,423 65 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... $7,874 36 152, 114 78 $859,953 26 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... Number of accounts opened or reopened during the year........... Number of accounts closed during the year...................................... Amount deposited during the year, not including dividends credited for that period....................................................................... Amount withdrawn during the year................................................... Amount of dividends credited and paid for the year, viz.: July 1, 1915.............................................................................. January 1, 1916........................................................................ Credited at other period s.................................................. $622,847 33 627,282 87 $21,392 15 21,871 32 294 63 Average amount of each account January 1, 1916........................ Rate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................................ Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 3,722 00 318 00 274 00 43.558 10 315 80 4 4 $57,397 00 7,874 36 43.558 10 5,964 54 R eport on S avings B anks 232 97. S Y R A C U S E S A V IN G S B A N K , S Y R A C U S E North Salina s tr e e t; incorporated 1849] GEORGE DOHENY, President. NICHOLAS PE TE R S, Vice-President. FRAN CIS HENDRICKS, Vice-Pres. W ILLIA M J. REID E L, Treasurer. [1 0 2 TRUSTEES JACOB AMOS, F R E D ’K W. BAR KE R , A L EX A N D E R H. COWIE, JOSEPH W. DAWSON, J. FRAN K DURSTON, GEORGE DOHENY, ALAN C. FOBES, W ALTE R E. GARDNER, FR AN C IS HENDRICKS, EDW ARD JOY, W IL L IA M MUENCH, DENNIS MCCARTHY, A. JUDD NORTHRUP, NICHOLAS PETERS, W. J. RID D E LL, W ING R. SM ITH, DE FOREST SETTLE, LEROY B. W ILLIAMS'. FIN AN CIAL RESOURCES Bonds and mortgages.............................................................................. Stock and bonds investments, viz.: iStacks a n d b o n d s State of M ississippi.............. C it i e s in o t h e r S t a t e s ............ Cities in this State................. Counties in this S tate.......... Towns in this State.............. Railroad mortgage bon ds___ P ar value $100,000 650,000 1,248,500 155,000 62,000 3,013,000 00 00 00 00 00 00 $5,228,500 00 $9,342,715 00 Original Estimated cost market value $100,125 00 $90,00000 678,425 73 628,97000 1,358,509 79 1,218,37000 153,972 76 149,03000 62,846 92 58,37000 3,063,297 35 2,629,39000 $5,417,177 55 $4,774,130 00 .... - - - ■ = = — = Banking house and lot, book value, $267,019; cost, $423,569.97; actual cash value ................................................................. Cash on deposit in banks or trust companies............................... Cash on hand .............................................................................. Total of collectible interest................................................................... 4 ,7 7 4 ,1 3 0 00 267,019 522,472 64,788 73,782 00 52 31 86 $15,044,907 69 L IA B IL IT IE S Amount due depositors, viz.: Principal ................................................................................ $12,964,217 10 Dividends credited or to be credited fo r the six m onths ending with December 31, 1915........................ 251,600 74 ------------------ $13,215,817 84 Other liabilities, viz.: Deposits for application fees and searches.................. Treasurer’s and teller’s checks outstanding............... $449 00 14,100 27 -------------------------------------- 14,549 27 Surplus on market value........................................................................... 1,814,540 58 $15,044,907 69 Surplus on par value, $2,268,910.58. CASH TRANSACTIONS DURING THE YEA R 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................ From depositors, not including dividendscredited....................... From interest on loans, deposits andinvestments.......................... From rents from banking house.......................................................... From rents from other real estate..................................................... From m ortgages......................................................................................... From redemeption of stocks and bonds.......................................... From real estate sold ............................................................................ $379,667 3,375,8 24 714,784 20,975 560 430,250 100,000 12,936 51 16 84 00 00 00 00 76 O nondaga C o u n ty 233 From all other sources, viz.: Treasurer’s and teller’s checks issued........................... $1,339,843 31 Deposits fo r application fees and searches loaned___ 5,848 0 0 ------------------ $1,345,691 31 $6 ,380,689 58 PAYM ENTS To depositors, including dividends paid to them........................... $3,438,387 88 For loans on bonds and mortgages.................................................... 452,100 00 For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $510,000)................................. 476,984 05 For interest (other than dividend payments to depositors) . . 4,581 03 For current expenses of the bank, viz.: F or salaries ........................................................................... For taxes : Banking house, $6,108.50; surplus, $15,729.57 ..................................................................................... F or expenses, except taxes, o f banking h o u se : Repairs ............................................................................... Insurance ......................................................................... Other .................................................................................. For rent o f banking room s................................................. F or expenses o f other real estate,v i z .: R epairs— For other expenses, not including expenses o f other real estate nor other expenses o f banking h o u se ... $27,430 00 21,838 07 3,787 28 20 1 34 4,980 50 6,500 00 173 07 7,083 51 -------------------------------------- 71,993 77 For real estate acquired by foreclosure, or in settlement of debts due the bank ................................... 5,936 76 Other payments, viz.: Treasurer’ s and teller’ s checks p a id ................................ $1,337,896 26 A pplication fees refunded.................................................. 1,276 00 Deposits fo r searches loaned refunded............................ 4,273 0 0 -----------------Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. 1,343,445 26 587,260 83 $6 ,380,689 58 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... 26,015 Number of accounts opened or reopened during the year......... 3,335 Number of accounts closed during the year.................................... 3,191 Amount deposited during the year, not including dividends credited for that period..................................................................... $3,375 ,82 4 16 Amount withdrawn during theyear................................................... 3,438,3 87 88 Amount of dividends credited and paid for the year, viz.: July 1, 1915............................................................................... January 1, 1916........................................................................ Credited at other periods.................................................... $246,762 66 251,600 74 2,283 97 -----------------Average amount of each accountJanuary 1, 1916....................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915......................................^ .............. Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................. Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts........................... Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915.. ......................... Net earnings for the year 1915 over expenses and dividends paid to depositors ................................................................................ 500,647 37 508 00 4 4 $685,529 01 71,993 77 500,647 37 112,887 87 O N T A R IO C O U N T Y 98 G E N E V A S A V IN G S B A N K , G E N E V A [31 Seneca stre e t; Incorporated 1910] JAM ES E. BROWN, President. H. A. W H E A T, Vice-President. v A. P. ROSE, Vice-President. GEORGE D. W HEDON, Treasurer. TRUSTEES A L EX A N D E R D. ALLEN, JAMES E. BROWN, W IL L IA M G. DOVE. FR ED E R IC K M. FAST, JOHN C. F ITZW A TE R . LANSING G. HOSKINS, W H ITM AN H. JORDAN, ALFR E D G. LEW IS, GEORGE F. LICHT, P A TR IC K O’M ALLEY, CHARLES S. BU RRELL, ARTH U R P. ROSE, H. H. SC H IEFFELIN , THEODORE J. SM ITH. ED W IN S. THORNE, D. J. VAN AUKEN. HENRY A. W H EAT, GEORGE D. WHEDON, THOMAS* B. W ILSON. FIN AN CIAL RESOURCES Bonds and mortgages ......................... Stock and bond investments, viz.: $529,070 00 Par S t o c k s a n d "bonds value Cities in other States............ $35,000 00 Cities in this State.................... 74,50000 Villages in this S tate............ 45,500 00 School districts in this State 38,150 00 R ailroad mortgage bonds___ 86,000 00 $279,150 00 Original Estimated cost market value $35,967 00 $35,000 00 75,193 38 76,695 00 46,157 11 46,065 00 39,265 05 39,225 00 82,967 51 78,740 00 $279,550 05 $275,725 00 275,725 111,048 3,735 8.636 Cash on deposit in banks or trust companies Cash on hand............................................................ Total of collectible interest............................... Amount of all other assets, viz.: New York State barge canal judgm ents......................... Banking house fu rn itu re...................................................... 00 19 73 66 $4,692 96 852 53 5,545 49 $933,761 07 L IA B IL IT IE S Amount due depositors, viz.: Principal ................................................................................ Dividends credited o r to be credited fo r the six months ending w ith December 31, 1915........................ $903,550 07 15,637 39 -----------------Surplus on market value....................................................................... $919, 187 46 14,573 61 $933,761 07 Surplus on par value, $17,998.61. CASH TRANSACTIONS DURING THE YE A R 1915 R E CEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day.......................................... From depositors, not including dividends credited.................... From interest on loans, deposits and investments.................... From mortgages ......................................................................................... From redemption of stocks and bonds............................................... [234] $81,334 526, 924 38,383 45, 675 16,250 16 98 33 00 00 O ntario C o u n ty 235 From all other sources, viz.: Banking house furniture so ld .......................................... E xchange and cash ov er.................................................... A ccrued interest on New York State barge canal judgm ents ............................................................................. $25 00 16 83 346 07 ------------------ $387 90 $708,955 37 PAYM ENTS To depositors, including dividends paid to them........................ For loans on bonds and mortgages................................................... For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $30,00 0)................................. For interest (other than dividend payments to depositors) . . For current expenses of the bank, viz.: F or salaries ........................................................................... F or taxes on surplus........................................................... F or rent on banking room s............................................... F or other expenses, n ot including expenses o f other real estate nor other expenses o f banking h ou se... $401, 766 23 150,520 00 30, 200 00 441 98 $4,134 50 88 52 525 00 1,228 34 5,976 36 Other payments, viz.: Banking house fu rn itu re...................................................... E xchange and cash sh ort.................................................... New York State barge canal judgm ents purchased.. Accrued interest on New York State barge canal judgm ents ............................................................................. $223 27 4 58 4,692 96 346 07 5,266 88 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 114,783 92 $708,955 37 STATISTICAL INFORMATION Number o f o p e n a c c o u n t s J a n u a r y 1 , 1 9 1 6 . A ............................................ Number of accounts opened or reopened during the year. . . . Number of accounts closed during the year................................. Amount deposited during the year, not including dividends credited for that period..................................................................... Amount withdrawn during the year................................................. Amount of dividends credited and paid for the year, viz.: July 1, 1915............................................................................... January 1, 1916........................................................................ Credited at other periods.................................................... $526,924 98 401,766 23 $12,747 03 15,631 76 155 58 Average amount of each account January 1, 1916......................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915.......................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................. Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts......................... Total expenses of the bank for the year 1915............................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors................................................................................ 4, 864 1, 640 1, 177 28.534 37 188 93 3 y 2 and 4 4 $39,493 65 6,080 10 28.534 37 4,8 79 18 ORANGE COUNTY 99. THE CORNW ALL S A V IN G S BANK, C O R N W A L L -O N -T H E -H U D S O N [Incorporated 1871] TOW NSEND D. WOOD. President. HENRY N. CLARK, Vice-President. ROW7LAND COCKS, Vice-President. G IL B E R T T. COCKS, Treasurer. TRUSTEES P A T R IC K BEVANS, HENRY N. CLARK, ROW LAND COCKS, CH ARLES C. COCKS, G ILB E RT T. COCKS. H A RVEY A. CALL, L. GRANT GOODNOUGH, EDW ARD L. SYLCOX, FRAN K E. V ICKERE, TOWNSEND D. WOOD, STEPHEN B. YOUNG, GEORGE B. M A ILLE R . FIN AN CIAL RESOURCES Bonds and mortgages................................................................................ Stock and bond investments, viz.: P ar value $5,000 12,400 36,000 S to c k s an d bon ds State o f V irgin ia.................... State o f C olorado................... Cities in this iState............... Towns in this State............... Villages in this State............ School districts in this State R ailroad mortgage bonds---- 00 00 00 1 0 ,0 0 0 00 13,100 00 4,200 00 39,000 00 $119,700 00 $270,103 00 Original Estimated cost market value $4,516 50 $4,500 00 12,400 00 iO,912 00 36,974 74 36,690 00 1 0 ,0 0 0 00 13,272 29 4,200 00 39,790 29 121,153 82 1 0 ,1 2 0 00 12,999 00 4,284 00 31,250 00 $110,755 00 110,755 00 Banking house and lot, book value, $5,700; cost, $5,728.13; actual cash value.................................................................................. Other real estate, book value, $250; cost, $250; actul cash value Cash on deposit in banks or trust companies............................. Cash on hand............................................................................................... Total of collectible interest..................................................................... Amount of all other assets, viz.: Safe, furniture and fixtures. 5,700 250 22,371 2,2 64 6,516 950 00 00 46 23 38 00 $418,910 07 L IA B IL IT IE S Amount due depositors, viz.: P rincipal .................................................................................. Dividends credited o r to be credited fo r the six months ending with December 31, 1915......................... $392,867 02 7,534 85 -----------------Surplus on market value.......................................................................... $400,401 87 18,508 20 $418,910 07 Surplus on par value, $27,453.20. CASH TRANSACTIONS DURING THE YEAR 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividends credited........................ From interest on loans, deposits and investments........................ From rents from banking house.......................................................... From m ortgages......................................................................... ............... [236] $42,755 72,139 18,142 240 17,048 16 30 44 00 40 O range C o u n ty 2 37 PAYM EN TS From redemption of stocks and bonds............................................... From all other sources, viz.: Cash over........................................ $12,000 00 5 00 $162,330 30 To depositors, including dividends paid to them............................. For loans on bonds and mortgages........................................................ For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $11,40 0)............................................. For current expenses of the bank, viz.: F or salaries ........................................................................... For ta x e s: Banking house, $49.22;surplus,$157.84... F or expenses, except taxes, o f banking h o u se : Repairs ............................................................................. Other ................................................................................ For expenses o f other real estate, v i z .: T axes.............. For other expenses, not including expenses o f other real estate nor other expenses o f banking h ou se... $85,037 72 39,500 00 11,400 00 $1,120 00 20706 18 20 61 3 02 12 2 286 00 -----------------Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. 1,756 89 24,635 69 $162,330 30 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... Number of accounts opened or reopened during the year......... Number of accounts closed during the year............................... Amount deposited during the year, not including dividends credited for that period..................................................................... Amount withdrawn during the year................................................... Amount of dividends credited and paid for the year, viz.: July 1, 1915............................................................................... January 1, 1916........................................................................ $72,139 30 85,037 72 $7,450 11 7,534 85 Average amount of each account January 1, 1916......................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................................ Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................. Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915.................................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 1,359 178 154 14.984 96 294 63 4 4 $19,029 86 1,756 89 14.984 96 2,2 88 01 R eport on S avings B anks 238 100. G O SH E N S A V IN G S B A N K , G O SH E N [11 W est Main s tr e e t; incorporated 1871] W. D. VAN VLIET, President. W IL L IA M K N IFFIN , Vice-President. AARON V. D. W ALLACE, Vice-President HENRY B. KNIGHT, Treasurer. TRUSTEES FRAN K DRAKE, SENECA JESSUP, W IL L IA M KN IFFIN. HENRY B, KNIGHT, RALPH L. McGEOCH, THOM AS MOULD, EDW IN L. ROYS, WM. D. VAN V L IE T , AARON V. D. W ALLACE. G. H. BENNETT, W ILLIA M A. W ELLS, HARRY B. SM ITH. JOSEPH M E R R IT T , FIN AN CIAL RESOURCES Bonds and mortgages................................................................................ Stock and bond investments, viz.: S to c k s and bon ds Cities in this State............... Towns in this State.............. V illages in this State............ School districts in this State R ailroad m ortgage bonds— Par value $100,600 00 39,000 00 118,500 00 51,500 00 221,500 00 Original Estimated cost market value $103,476 06 $98,058 00 41,169 38 41,265 00 120,815 30 122,125 00 52,514 90 52,120 00 221,386 25 187,745 00 $531,100 00 $539,361 89 $945,700 00 $501,313 00 - — - --------------■ ■ Cash on deposit in banks or trust companies................................. Cash on hand................................................................................................ Total of collectible interest..................................................................... 501,313 29,419 10,567 20,712 00 91 88 35 $1 ,507 ,71 3 14 L IA B IL IT IE S Amount due depositors, viz.: P rincipal .................................................................................. $1,412,253 15 Dividends credited or to be credited fo r the six m onths ending with December 31, 1915...................... 26,913 32 ------------------ $1,439 ,16 6 47 Surplus on market value.......................................................................... 68,546 67 $1 ,507,713 14 Surplus on par value, $98,333.67. CASH TRANSACTIONS DURING THE YEA R 1915 R E CEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividends credited...................... From interest on loans, deposits and investments......................... From mortgages ......................................................................................... From redemption of stocks and bonds............................................... $82,115 318,209 65,696 78,650 20,600 78 16 91 00 00 $565,271 85 PAYM EN TS To depositors, including dividends paid to them............................. For loans on bonds and mortgages..................................................... For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $40,00 0)............................................. For interest (other than dividend payments to depositors) . . . . $320,828 76 155,800 00 41,925 00 94 71 O range C o u n ty 239 For current expenses of the bank, viz.: F or salaries ........................................................................... For taxes on surplus............................................................ F or rent o f banking room s................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking h o u se... $4,500 00 492 95 480 00 1,162 64 $6, 635 59 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 39,987 79 $565,271 85 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... Number of accounts opened or reopened during the year........... Number of accounts closed during the year.................................... Amount deposited during the year, not including dividends credited for that period....................................................................... Amount withdrawn during the year................................................... Amount of dividends credited and paid for the year, viz.: July 1, 1915.............................................................................. January 1, 1916........................................................................ Credited at other periods.................................................. $318,209 16 320,828 76 $26,326 25 26,897 86 15 46 Average amount of each account January 1, 1916...................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................................ Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 3,345 459 462 53.239 57 430 24 4 4 $67,343 50 6,635 59 53.239 57 7,468 34 240 R eport on S avings B anks 101. M ID D L E T O W N S A V IN G S B A N K , M ID D L E T O W N [2 South s tr e e t; incorporated 1866] GEO. A. SWAYZE, President. HAROLD B. WOODWARD, Treasurer. JAM ES A. CLARK, Vice-President. JAMES F. DOLSON, Asst. Treas. EDMUND M ILLEN, Vice-President, CHAS. B. BUCKLEY, Asst. Secy. TRUSTEES EDMUND MILLEN, JOHN E. ISEMAN, JAM ES A. CLARK, JOHN W. SLAUSON, EDW ARD CANFIELD, CHARLES L. MEAD, GEORGE A. SWAYZE, GEORGE W. BALLOU. JAM ES E. GIBBS, JAM ES H. SMITH, H. B. W OODWARD. FIN AN CIAL RESOURCES Bonds and mortgages.............................................................................. $3 ,020 ,13 0 ()0 Stock and bond investments, viz.: Par value $75,000 0 0 245,956 00 478,000 0 0 105,000 00 51,500 00 178,000 00 52,000 00 708,000 00 S to c k s and bon ds State o f M assachusetts......... Cities in other States............ Cities in this S tate............... Counties in this State.......... Towns in this S tate............... Villages in this S tate............ School districts in this State Railroad mortgage b o n d s .... $1,953,456 00 Original Estimated cost market value $82,687 50 $69,000 00 251,002 16 247,769 68 501,089 89 478,350 00 108,150 00 96,600 00 51,500 00 49,435 00 186,290 73 180,575 00 52,291 13 52,980 00 780,870 00 689,410 0 0 $2,013,881 41 $1,864,119 68 ------------------ = _ ----------Banking house and lot, book value, $21,345.30; cost, $26,284.98; actual cash value......................................................................... Other real estate, book value, $150,143.21; cost, $151,481.69; actual cash value.................................................................................. Cash on deposit in banks or trust companies................................. C ash on 1,864,119 (]8 25,000 C>0 151,000 Qo 329,729 52 h a n d ....................................................................................................................................... 3 0 ,7 6 4 Total of collectible interest................................................................... Amount of all other assets, viz.: Rents accrued ......................... ..................... New York State barge canal judgments 58 59,028 S&2 $670 00 6,409 51 ------------- 7 ,0 7 9 51 $5,486,851 37 L IA B IL IT IE S Amount due depositors, viz.: Principal .................................................................................. $5,151,348 89 Dividends credited or to be credited fo r the six m onths ending with December 31, 1915....................... 98,750 02 ------------------ $5,250 ,09 8 91 236,752 40 Surplus on market value......................................................................... $5,486,851 3l Surplus on par value, $326,088.72. CASH TRANSACTIONS DURING THE YEA R 1915 RE C E IPTS Cash on hand and in banks or trust companies January 1, 1 9 1 5 , before transactions of the day............................................... From depositors, not including dividendscredited....................... From interest on loans, deposits andinvestments......................... From rents from banking house.......................................................... From rents from other real estate..................................................... From mortgages ....................................................................................... From redemption of stocks and bonds............................................... From stocks and bonds sold (total par value, $ 1 4 , 0 0 0 ) ............. $ 3 9 7 ,8 4 4 1 , 1 3 7 ,7 5 4 2 3 5 ,9 2 4 420 7 ,8 3 5 4 8 ,4 7 0 4 6 ,5 0 0 1 4 ,2 0 5 86 02 74 Qo 50 Q0 Qo 03 $ 1 ,8 8 8 ,9 5 4 75 241 O range C o u n ty PAYM EN TS To depositors, including dividends paid to them........................... $1 ,098,163 30 For loans on bonds and mortgages..................................................... 110,300 00 For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $302,456)........................................ 290,145 63 For interest (other than dividend payments to depositors) . . . . 3,013 23 For current expenses of the bank, viz.: F or salaries ........................................................................... For taxes : Banking house, $372.70; surplus, $1,870.79 ; on mortgages, $246 ........................................................ For expenses, except taxes, o f banking h o u se : Re pairs ...................................................................................... F or expenses o f other real estate, v i z .: Insurance .......................................................................... Taxes .................................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking hou se.. $10,630 00 2,489 49 69 82 665 64 3,085 50 3,539 60 -------------------------------------- 20,380 05 Other payments, viz.: A dditional dividends to depositors.................................. Variations in cash .............................................................. New York State barge canal judgm ents purchased.. $21 19 27 94 6,409 51 -------------------------------------- 6,458 64 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. 360,493 90 $1 ,888 ,95 4 75 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... 12,778 Number of accounts opened or reopened during the year........... 1,620 Number of accounts closed during the year...................................... 1,428 Amount deposited during the year, not including dividends credited for that period..................................................................... $1 ,137,754 02 1,098,163 30 Amount withdrawn during the year................................................... Amount of dividends credited and paid for the year, viz.: July 1, 1915.............................................................................. $95,817 26 J an u ary 1, 1916...................................................................................... 98,750 02 -----------------Average amount of each account January 1, 1916........................ Rate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................................ Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 194,567 28 410 87 4 4 $248,586 84 20,429 18 194,567 28 33,590 38 R eport on S avings B anks 242 102. NEWBURGH S A V IN G S BANK, NEWBURGH [40 Smith street; incorporated 1852] THOM AS E. BALFE. President. F. W. SENFF, Vice-President. WM. O. M AILLER, Vice-President. FR ED ER IC K E. BA LFE , Treasurer. W ARREN F. DICKEY, Asst. Treas. ISAAC C. CHAPMAN, Secretary. TRUSTEES THOMAS F. B ALFE, ISAAC C. CHAPMAN, W IL L IA M O. M AILLER, JOSEPH CHADW ICK, A. Y. W ELLE R , GEORGE W. GREEN, F. W. SENFF. W ILLIA M F. CASSEDY, THOS. F. CHADW ICK. S. V. SCHOONMAKER, F R E D ’ K C. BALEE, JOHN T. HOW ELL, HIRAM M E RR ITT, FIN AN CIAL RESOURCES Bonds and mortgages.............................................................................. $8,266,722 75 Stock and bond investments, viz.: Par S to c k s and bon d s value State o f New Y ork .............. $100,000 00 State o f M assachusetts......... 115,000 00 Cities in other S tates............ 565,500 00 Cities in this State............... 3,399,560 00 Counties in this State............ 541,54S 01 85,000 00 Towns in this State............... School districts in this State 1 2 ,0 0 0 00 $4,818,608 01 Banking actual Cash on Cash on Total of Original Estimated cost market value 00 $102,000 00 119,600 00 111,550 00 615,876 80 571,705 00 3,676,160 84 3,455,446 00 574,029 81 539,888 01 86,154 50 85,130 00 12,000 00 12,000 00 $ 100,000 $5,183,821 95 $4,877,719 01 ---------— = = = = = ■ house and lot, book value, $30,000; cost, $115,527.16; cash v a lu e ................................................................................ deposit in banks or trust companies................................. hand............................................................................................... collectible interest..................................................................... 4,8 77,7 19 01 30,000 872,450 24,502 173,138 00 10 85 59 $14,244,533 30 L IA B IL IT IE S Amount due depositors, viz.: Principal ................................................................................. $12,173,164 70 Dividends credited or to be credited fo r the six m onths ending with December 31, 1915...................... 237,235 09 ------------------ $12,410,399 79 Surplus on market value.......................................................................... 1,834,1 33 51 $14,244,533 30 Surplus on par value, $1,775,022.51. CASH TRANSACTIONS DURING THE YEAR 1915 RE C E IPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... $1 ,199 ,87 0 27 From depositors, not including dividends credited...................... 1,433,748 56 From interest on loans, deposits and investments......................... 637,894 36 From rents from banking house............................................................ 1,755 96 From mortgages ....................................................................................... 876,250 00 From redemption of stocks and bonds......... ..................................... 585,540 00 $4,735,059 15 243 O range C ounty PAYM EN TS To depositors, including dividends paid to them......................... $2,047,091 80 1,482,350 00 For loans on bonds and mortgages........................................................ For stocks and bonds purchased, including premiums, commis 260,000 00 sions, etc. (total par value, $260,000).......................................... 766 97 For interest (other than dividend payments to depositors)-----For current expenses of the bank, viz.: F or salaries ........................................................................... F or ta x e s : Banking house, $1,149.69 ; surplus, $16,675.47 ................................................................................ F or expenses, except taxes, o f banking h o u se : Repairs .............................................................................. Insurance .......................................................................... Other .................................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking h o u se ... $26,550 00 17,825 16 108 27 186 19 375 85 2,601 96 47,647 43 Other payments, viz.: Adjustment of dividends on dormant account ...................................................................................................... Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. 250 00 896,952 95 $4 ,735 ,05 9 15 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... 18,657 Number of accounts opened or reopened during the year........... 1,282 Number of accounts closed during the year.................................... 1,616 Amount deposited during the year, not including dividends credited for that period....................................................................... $1,433 ,74 8 56 Amount withdrawn during the year................................................... 2 ,0 47,0 91 80 Amount of dividends credited and paid for the year, viz.: July 1, 1915............................................................................... January 1, 1916........................................................................ $237,601 97 237,235 09 Average amount of each account January 1, 1916......................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................................ Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 474.837 06 665 18 4 4 $625,430 23 47,897 43 474.837 06 102,695 74 2 44 R eport on S avings B anks 103. W A L D E N S A V IN G S B A N K , W A L D E N [ Corner Ulster avenue and Bank s tr e e t; incorporated 1872] HIRAM B. WOOSTER, President. THERON L. M ILLSPAUG H, Vice-Pres. E L IAS M ULFORD, Vice-President. CHARLES W. SA D LIER , Treasurer. TRUSTEES T. L. M ILLSPAUGH, HIRAM B. WOOSTER, A L B E R T S. EM BLER, SIMON VERNOOY, E L IAS M ULFORD, E DW ARD W H ITE H E AD , CHARLES W. SADLIER, R. A. DEM AREST, C. F R ED FOW LER. HARVEY N. SM ITH, SAMUEL ANDREW S, JOHN SIMPSON, JOHN AHRENS. FIN AN CIAL RESOURCES Bonds and mortgages................................................................................ Stock and bond investments, viz.: S to c k s and bon ds State o f M assachusetts......... Cities in other States............ Cities in this State............... Counties in this S tate............ Towns in this S tate............... Villages in this S tate............ School districts in this State Railroad mortgage bonds___ P ar value $5,000 00 40,000 00 77,000 00 15,000 00 49,000 00 91,500 00 27,700 00 70,000 00 $375,200 00 $635,304 00 Original Estimated cost market value $5,637 50 $4,650 00 42,606 48 41,000 00 79,031 10 73,970 00 14,900 00 16,347 65 50,420 52 47,970 00 93,642 55 89,490 00 28,698 22 28,162 00 68,425 00 56,650 00 $384,809 02 $356,792 00 356,792 00 Banking house and lot, book value, $19,000; cost, $19,262.54; actual cash value.................................................................................. Cash on deposit in banks or trust companies................................. Cash on hand................................................................................................ Total of collectible interest........... ....................................................... Amount of all other assets, viz.: Land contract............................. 19,000 51,975 12,345 17,754 1,500 00 49 33 54 00 $1,094,671 36 L IA B IL IT IE S Amount due depositors, viz.: Principal .................................................................................. Dividends credited or to be credited fo r the six months ending with December 31, 1915........................ $986,339 78 18,265 56 ------------------ $1 ,004,605 34 Surplus on market value......................................................................... 90,066 02 $1,094,671 36 Surplus on par value, $108,474.02. CASH TRANSACTIONS DURING THE YEA R 1915 R E CEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividends credited...................... From interest on loans, deposits and investments........................ From mortgages ....................................................................................... From redemption of stocks and bonds............................................... From all other sources, viz.: Land contracts .........*......................................................... From mortgagor fo r privilege o f paying before d u e .. $68,350 248,655 48,112 44,300 30,945 60 54 82 00 41 ?100 00 125 00 225 00 $440,589 37 245 O range C ounty PAYM EN TS To depositors, including dividends paid to them........................... For loans on bonds and mortgages........................................ ............... For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $18,068.36)...................................... For current expenses of the bank, viz.: For salaries ........................................................................... F or ta x e s : Banking house, $201.55 ; surplus, $811.17; on mortgages, $146.50 ............................................. ......... For expenses, except taxes, o f banking h o u s e : Repairs .............................................................................. Insurance .......................................................................... Other .................................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking h ou se... $274,729 26 77,550 00 18,068 36 $3,800 00 1,159 22 38 60 84 00 280 92 558 19 5 920 93 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 64,320 82 $440,589 37 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... Number of accounts opened or reopened during the year........... Number of accounts closed during the year...................................... Amount deposited during the year, not including dividends credited for that period....................................................................... Amount withdrawn during the year................................................... Amount of dividends credited and paid for the year, viz.: July 1, 1915........................................ ...................................... January 1, 1916........................................................................ $248,655 54 274,729 26 $18,023 05 18,265 56 Average amount of each account January 1, 1916...................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915......................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................ Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors............................... ............................................... 3,231 417 325 36.288 61 310 92 3 &4 3 &4 $48,268 64 5,920 93 36.288 61 6,059 10 R eport on S avings B anks 246 104. T H E W A R W IC K S A V IN G S B A N K , W A R W IC K [M ain stre e t; incorporated 1875] JOHN SAYER. President. THOMAS W ELLING. Vice-President. W ILB U R C. LAZEAR, Vice-President. JOSEPH E. V. M ILLE R , Treasurer. TRUSTEES JOHN SAYER, JOS. E. V. M ILLE R , THOM AS WELLING. W ILBU R C. LAZE A R , BENJ. F. V A IL, HENRY PELTON, JOHN W. SANFORD, JOEL H. CRISSEY, MORRIS RU THERFURD. C L IFFO R D S. B E A TT IE , JOHN B. BRADNER, FRED C. CARY, W. B. VAN DEVOORT, FIN AN CIAL RESOURCES $633,315 00 Bonds and mortgages............................................ Stock and bond investments, viz.: Par value $1 2 ,0 0 0 138,000 S to c k s and bon d s Cities in other States............ Cities in this S tate............... Counties in this S ta te.......... Towns in this S tate............... Villages in this S tate............ School districts in this State Railroad mortgage bonds___ 00 00 2 0 ,0 0 0 00 34,000 00 142,350 00 58,000 00 252,000 0 0 $656,350 00 Original Estimated cost market value $12,227 50 $11,960 00 138,690 00 157,251 88 19,800 00 23,500 00 35,329 00 33,730 00 140,879 50 67 146,585 58,922 98 58,560 0 0 249,890 60 227,280 0 0 $683,707 63 $630,899 50 630,899 116,574 385 16,254 4,671 Cash on deposit in banks or trust companies. . . . Cash on hand..................................................................... Total of collectible interest........................................ Amount of all other assets, viz.: Land contract 50 62 65 54 25 $1 ,402,100 56 L IA B IL IT IE S Amount due depositors, viz.: Principal ................................................................................ $1,301,231 76 Dividends credited o r to be credited fo r the six months ending with December 31, 1915...................... 24,158 78 ------------------ $1 ,325 ,39 0 54 Surplus on market value....................................................................... 76,710 02 $1,402,100 56 Surplus on par value, $102,160 52. CASH TRANSACTIONS DURING THE YEA R 1915 R E CEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................. From depositors, not including dividends credited...................... From interest on loans, deposits and investments........................ From mortgages ....................................................................................... From redemption of stocks and bonds............................................... From real estate sold.............................................................................. From all other sources, viz.: Profit and loss........................................................................ Interest on land con tra ct.................................................... $109,029 214,922 63,285 54,725 24,200 78 12 50 92 00 00 75 $0 09 71 25 -------------------------------------- 7134 $466,312 63 247 O range C ou nty PAYM EN TS To depositors, including dividends paid to them........................... For loans on bonds and mortgages................................................... For stocks and bonds purchased, including premiums, commis sions, etc. (total par value,$13,00 0).......................................... For interest (other than dividendpayments to depositors) . . . . For current expenses of the bank, viz.: F or salaries ........................................................................... F or ta x es; Surplus.............................................................. F or rent o f banking room s............................................. F or other expenses, not including expenses o f other real estate nor other expenses o f banking house.. $289,468 85 37,600 00 11,908 45 132 70 $4,400 0 0 582 29 300 00 556 22 -------------------------------------- 5,838 51 For real estate acquired by foreclosure, or in settlement of debts due the bank................................................................................ 4,403 85 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 116,960 27 $466,312 63 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... Number of accounts opened or reopened during the year........... Number of accounts closed during the year................................. Amount deposited during the year, not including dividends credited for that period....................................................................... Amount withdrawn during the year................................................... Amount of dividends credited and paid for the year, viz.: July 1, 1915............................................................................... January 1, 1916........................................................................ 3,605 291 316 $214,922 50 289,468 85 $24,332 91 24,158 78 Average amount of each account January 1, 1916......................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915......................................................................... 48.491 69 367 65 3 &4 Rate per cent, of dividends to depositors during the six months ending December 31, 1915..................................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 3&4 $61,975 02 5,838 51 48.491 69 7,6 44 82 OSWEGO COUNTY 105. F U L T O N S A V IN G S B A N K , F U L T O N [75 South First s tr e e t; incorporated 1871] WM. J. LOVE JOY, President. GEO. D. CHAUNCEY, Vice-President. W ATSON A. BUTTS, Vice-President. H ARRY L. STOUT, Treasurer. CAMERON C. BENEDICT, Secretary. TRUSTEES GILES S. PIPE R , W IL L IA M J. LOVEJOY, GEORGE P. W ELLS, H. PUTNAM ALLEN, CAMERON C. BENEDICT. EDW IN F. PALM ER, AR TH U R G. G ILB E RT, H ARRY L. STOUT, W ATSON A. BUTTS, ELMER E. M ORRILL, GEORGE E. TRUE, H E R B E R T J. W ILSON, GEORGE G. CHAUNCEY, A L B E R T I. MORTON, FR AN K W. LASH ER. JOHN R. SULLIVAN, W IL L IS P. MORIN. FIN AN CIAL RESOURCES Bonds and mortgages ............................................................ ................. Stock and bond investments, viz.: Par value $25,000 8,500 225,500 10,000 20,000 159,400 31,600 191,000 S to c k s and b o n d s State o f New Y ork............... Cities in other States............ Cities in this State............... Counties in this State............ Tow ns in this S tate.............. Villages in this State............ School districts in this State R ailroad mortgage bonds---- 00 00 24 00 00 00 00 00 $671,000 24 $1 ,578 ,28 6 09 Original Estimated cost market value $26,062 50 $26,500 00 8,542 50 8,678 50 232,841 70 222,700 24 10,323 00 10,200 00 20,058 13 20,650 00 160,147 00 162,237 44 31,152 00 32,505 01 209,411 15 189,320 00 $702,117 43 $669,211 74 669,211 74 Banking house and lot, book value, $28,812.50; cost, $30,647; actual cash value ............................................................ ................... Cash on deposit in banks or trust companies............................... Cash on hand .............................................................................................. Total of collectible interest................................................................... Amount of all other assets, viz.: Land contracts ................................................................... Taxes advanced ................................................................... Safes, furniture, e tc ............................................................. 28,812 208,003 28,071 42,963 50 44 76 54 $1,300 00 665 33 5,530 00 7,495 33 $2 ,562 ,84 4 40 L IA B IL IT IE S -------- ■ Amount due depositors, viz.: P rincipal ................................................................................ $2,343,585 83 Dividends credited o r to be credited fo r the six months ending with December 31, 1915...................... 44,955 04 ------------------ $2,388 ,54 0 87 Other liabilities, viz.: Money held as security for abstracts loaned ........................................................................................................ 40 00 Surplus on market value.................................... 174,263 53 Surplus on par value, $176,052.03. ; $2 ,562 ,84 4 40 --- - . .. , CASH TRANSACTIONS DURING THE YEA R 1915 R E CEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................. From depositors, not including dividends credited.................... [248] $271,476 90 770,106 06 O swego C o u n ty From From From From From From 249 interest on loans, depositsand investments........................ rents from banking house............................................... m ortgages........................................................................................ redemption of stocks and bonds.............................................. stocks and bonds sold (total par value, $1 0,000)......... . all other sources, viz.: Exchange, revenue stamps sold and telephone......... Small banks lost and paid fo r ....................................... Taxes advanced, refunded ............................................... M oney deposited as security fo r abstracts lo a n ed .... Cash errors and correction s............................................. Tax search paid by m ortgagee.......................................... $119,270 400 86,515 12,872 9,575 52 00 50 91 00 $7 52 4 00 1 74 40 00 31 62 50 -------------------------------------- 8538 $1,270 ,30 2 27 P AYM EN TS To depositors, including dividends paid to them............................. For loans on bonds and mortgages................................................... For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $2 5,00 0).................................... For interest (other than dividend payments to depositors) .. For current expenses of the bank, v iz.: F or s 9 .l3 .riGS ■•••••••••••••• F or taxes : Banking house, $526.14 ; surpius, $1,727.13 For expenses, except taxes, o f banking h o u se : Repairs ............................................................................. Insurance ........................................................................ F or other expenses, not including expenses o f other real estate nor other expenses o f banking house---- $880,499 07 115,407 38 26,062 50 230 21 $5 519 93 2,’ 253 27 263 04 289 72 2,953 20 11,279 16 Other payments, viz.: Cash errors and correction s............................................. Taxes advanced ..................................................................... $83 42 665 33 748 75 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. 236,075 20 $1 ,270 ,30 2 27 STATISTICAL INFORMATION Number of open accounts January 1, 1916.................................... Number of accounts opened or reopened during the year......... Number of accounts closed during the year...................................... Amount deposited during the year, not including dividends credited for that period......................................................................... Amount withdrawn during the year................................................... Amount of dividends credited and paid for the year, viz.: July 1, 1915............................................................................... January 1, 1916 ........................................................................ Credited at other periods ................................................. 803 919 $770,106 06 880,499 07 $45,003 70 44,676 44 833 98 Average amount of each account January 1, 1916......................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915.......................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts........................... Total expenses of the bank for the year 1915............................... Dividends paid to depositors for the year 1915........................... Net earnings for the year 1915 over expenses and dividends paid to depositors ................................................................................ 6,010 90,514 12 400 62 4 4 $117,098 70 12,529 16 90,514 12 14,055 42 250 R eport on S avings B anks 106. O SW E G O C IT Y S A V IN G S B A N K , O SW E G O [214 W est F irst s tr e e t; incorporated 1859] E L LIO TT B. MOTT, President. CHARLES S. W RIGH T, Secretary. THOM AS F. GLEASON. Vice-President. WM. B. BURR, Treasurer. JAMES B. FA RW E LL, Vice-President. TRUSTEES K A R L KELLOGG, N IE L GRAY, Jr ., BENJAM IN DENTON, JOHN SM ITH, JA M E S B. FA RW E LL, F R A N K P. F A RR E LL, CHARLES H. BOND, JAM ES K. STOCKW ELL, EDGAR D. JOHNSON, THOMAS F. GLEASON, E LISH A B. POW ELL, E L L IO T T B. M OTT, A R TH U R C. HALL, JOHN D. HIGGINS, FRAN K E. SAYER. FIN AN CIAL RESOURCES Bonds and mortgages.............................................................................. $2 ,250,958 00 Stock and bond investments, viz.: S ta ck s and b on d s New York State...................... State o f Louisiana................. State o f Oklahoma................... State o f C alifornia................. Cities in other States............ Cities in this State................... Tow ns in this State................. V illages in this S ta te............ School districts in this State Railroad mortgage bonds---- P ar value $7,000 00 15,000 00 10,000 00 10,000 00 95,000 00 388,49467 142,18328 410,050 0 0 147,700 00 301,600 00 $1,527,027 95 Original cost $7,498 15,443 10,200 9,729 99,570 418,358 145,599 426,800 153,105 323,252 75 50 00 00 42 83 68 69 21 97 $1,609,559 05 Estimated market value $7,840 00 15,900 00 10,100 00 9,700 00 97,620 00 395,470 32 142,366 53 411,241 66 150,387 50 257,114 00 $1,497,740 01 - ...........- .................. .... - • Banking house and lot, book value, $38,642.78; cost, $70,593.96; actual cash value.................................................................................. Cash on deposit in banks ortrust companies..................................... Cash on hand................................................................................................ Total of collectible interest................................................................... Amount of all other assets, v iz.: New York State Barge canal judgments ................................................................................................ 1,4 97,740 01 35,000 189,042 29, 394 61,653 00 91 00 06 16,976 28 $4, 080, 764 26 L IA B IL IT IE S Amount due depositors, viz.: P rincipal .................................................................................. $3,782,588 53 Dividends credited or to be credited fo r the six months ending with December 31, 1915........................ 73,462 63 ------------------ $3, 856, 051 16 Surplus on market value....................................................................... 224,713 10 $4, 080, 764 26 Surplus on par value, $254,001.04. CASH TRANSACTIONS DURING THE YEA R 1915 R E CEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day.......................................... From depositors, not including dividends credited.................... From interest on loans, deposits and investments.................... From rents from banking house.......................................................... From mortgages ......................................................................................... From redemption of stocks and bonds............................................ From stocks and bonds sold (total par value, $77,212.37) . . From all other sources, viz.: Exchange.......................................... $197,847 936, 586 190, 812 1,574 135, 580 34,868 69, 537 32 02 54 24 74 00 66 04 32 $1,566,838 56 O swego C o u n ty 251 PAYM EN TS To depositors, including dividends paid to them........................ $1,101,318 83 For loans on bonds and mortgages................................................... 184,860 00 For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $29,853.04)............................. 29,853 04 For current expenses of the bank, v iz.: For salaries ........................................................................... For ta x es: Banking house, $891; surplus, $1,664.28 ; on mortgages,$98.50............................................................. For expenses, except taxes, o f banking h o u se : Repairs ............................................................................... Insurance .......................................................................... Other ................................................................................ For other expenses, not including: expenses o f other real estate nor other expenses o f banking hou se.. $8,050 00 2,653 78 2,231 04 345 58 482 77 1,630 33 15,393 50 Other payments, viz.: New York State Barge canal judgments purchased . . ............................................................................................ Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 16,976 28 218,436 91 $1,566 ,83 8 56 STATISTICAL INFORMATION Number of open accounts January 1, 1916.................................... Number of accounts opened or reopened during the year. . . . Number of accounts closed during the year.................................. Amount deposited during the year, not including dividends credited for that period..................................................................... Amount withdrawn during the year............................................... Amount of dividends credited and paid for the year, viz.: July 1, 1915............................................................................... January 1, 1916........................................................................ Credited at other periods.................................................... $936,586 54 1,101,318 83 $73,729 77 73,462 63 1,166 90 Average amount of each account January 1, 1916......................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915.......................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts........................... Total expenses of the bank for the year 1915............................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors................................................................................ 7, 890 1,248 1, 213 148,359 30 479 42 4 4 $185, 006 29 15,393 50 148, 359 30 21,253 49 R eport ok S avings B anks 252 107. OSW EGO C O U N T Y S A V IN G S B A N K , O SW EG O [44 East Bridge s tr e e t; incorporated 1870] W. B. COUCH, President. JAM ES DUNLAP, Treasurer. CHAS A. TANNER, Vice-President. TRUSTEES LAURENCE CLANCY. W. B. COUCH, R. AR TH U R DOWNEY, PE TE R H ILB E R T, NORMAN L. BATES, J. FRAN K M ARSDEN. THOMAS H. BENNETT, F R E D ’ K B. SHEPHERD, O. S. OSTERHOUT, HU BERT J. PEEBLES. CHARLES A. TANNER, F R E D A. GAGE, A. RAYBORG HUNT, A L B E R T F. MCCARTHY. ALANSON S. PAGE. FIN AN CIAL RESOURCES Bonds and mortgages.............................................................................. $2 ,316,435 36 Stock and bond investments, viz.: Par value $281,000 00 308,248 39 46,579 75 89,653 30 144,600 00 108,750 00 486,700 00 S ta ck s an d b on d s Cities in other States............ Cities in this S tate............... Counties in this State............ Towns in this sta te ............... Villages in this S tate............ School districts in this State Railroad mortgage bonds___ $1,465,531 44 — — Original Estimated cost market value $292,536 91 $282,23000 313,728 83 305,88339 50,955 34 47,51294 90,966 14 90,45790 150,882 99 145,13000 112,473 47 109,21650 576,626 75 480,16600 $1,588,170 43 =- $1,460,596 73 = — 1,460,596 73 Banking house and lot, book value, $20,000; cost, $29,000; actual cash value.................................................................................. Other real estate, book value, $2,000; cost, $9,408.35; actual cash value ................................................................................................ Cash on deposit in banks or trust companies.................................. Cash on hand................................................................................................ Total of collectible interest................................................................... Amount of all other assets, viz.: Land contracts ..................................................................... Taxes advanced ..................................................................... New York State barge canal judgm ents...................... 20,000 00 2,000 254,141 25,625 61,220 00 12 22 47 $1,515 00 19 96 10,561 84 12,096 80 $4 ,152,115 70 L IA B IL IT IE S Amount due depositors, viz.: Principal .................................................................................. $3,797,996 30 Dividends credited or to be credited fo r the six months ending with December 31, 1915...................... 73,983 13 ------------------ $3 ,871,979 43 Surplus on market value.......................................................................... 280,136 27 $4 ,152,115 70 Surplus on par value, $285,070.98. CASH TRANSACTIONS DURING THE YEA R 1915 R E CEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day.................... .......................... From depositors, not including dividends credited...................... From interest on loans, deposits and investments......................... From rents from banking house.......................................................... From mortgages ....................................................................................... From redemption of stocks and bonds............................................... $266,894 891,292 193,221 1,486 112,810 75,320 26 92 26 09 02 12 O swego C o u n ty 2 53 From stocks and bonds sold (total par value, $20,00 0)................ From real estate sold.............................................................................. From all other sources, viz.: Insurance premiums and taxes advanced refunded .............................................................................. $20,462 81 325 00 3,007 54 $1,564 ,82 0 02 PAYM EN TS To depositors, including dividends paid to them........................... $1,033,471 05 For loans on bonds and mortgages...................................................... 190,650 00 For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $37,021.11)...................................... 37,021 11 For interest (other than dividend payments todepositors) . . . . 116 18 For current expenses of the bank, viz.: F or salaries ........................................................................... F or taxes : Banking house, $693 ; surplus, $2,219.43 ; on mortgages, $128.50......................................................... For expenses, except taxes, o f banking h o u se : Repairs ............................................................................. Insurance . . , ................................................................... For expenses o f other real estate, v i z .: O ther......... For other expenses, not including expenses o f other real estate nor other expenses o f banking h o u se ... $6,625 00 3,040 93 158 92 163 12 5 60 1,684 14 -----------------For real estate acquired by foreclosure, or in settlement of debts due the bank................................................................................ Other payments, viz.: Teller’s cash differences...................................................... Insurance premiums and taxes advanced................... 11,677 71 9,713 11 $139 49 2,265 03 2 ,4 04 52 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. 279,766 34 $ 1 ,564 ,82 0 02 STATISTICAL INFORMATION Number of open accounts January 1, 1916................................. 6,506 Number of accounts opened or reopened during the year......... Number of accounts closed during the year...................................... Amount deposited during the year, not including dividends credited for that period..................................................................... Amount withdrawn during the year................................................... Amount of dividends credited and paid for the year, viz.: 1,111 July 1, 1915............................................................................... January 1, 1916........................................................................ Paid but not credited........................................................... $891,292 92 1,033,471 05 $73,842 24 73,983 13 1,205 26 Average amount of each account January 1, 1916........................ Rate per cent, of dividends to depositors during the six months ending June 39, 1915............................................................................ Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 1,117 149.030 63 595 14 4 4 $189,853 79 11,677 71 149.030 63 29,145 45 PUTNAM COUNTY 108. P U T N A M C O U N T Y S A V IN G S B A N K , B R E W S T E R [M ain stre e t; incorpprated 1871] A LEXAN DER F. LOBDELL, President. S. PIE R R E FIE LD S. Vice-President. ARTH U R P. BUDD, Vice-President. GEORGE H. REYNOLDS, Treasurer. TRUSTEES MYRON P. HOWES. FREDERIC S. BARNUM, DAVID P. V A IL, L. STARR BARNUM. A L E X . F. LOBDELL, A RTH U R P. BUDD, W ILLIA M E. SMITH, EMERSON W. ADDIS, FRAN K PADDOCK. S. P IE R R E FIELDS, OSCAR B A ILE Y , GEO. H. REYNOLDS, D A N IE L M. BARNES, FRED. A. PURDY, BENJAM IN O. NICHOLS, JOHN R. YALE. WM. A. FE RR IS. FIN AN CIAL RESOURCES Bonds and mortgages Stock and bond investments, viz.: S ta c k s a n d $616,410 19 Par value $17,000 00 183,987 17 20,000 00 24,525 00 226,073 19 69,250 00 20,000 00 bonds Cities in other States............ Cities in this S tate................. Counties in this State.......... Towns in this State............... Villages in this S tate............ School districts in this State Railroad mortgage bonds— $560,835 36 Original Estimated cost market value $17,365 70 $16,730 00 196,422 32 184,442 43 20,073 88 20,059 94 25,881 24 25,084 72 233,356 94 230,500 96 72,333 50 70,262 40 18,600 00 15,250 00 $584,033 58 $562,330 45 562,330 45 Banking house and lot, book value, $20,000; cost, $20,230.22; actual cash value ................................. ................................. ............. Other real estate, book value, $4,314.65; cost, $4,314.65; actual cash value ................................................................................ Cash on deposit in banks or trust companies.................................. Cash on hand ............................................................................................. Total of collectible interest ................................................................... Amount of all other assets, viz.: Rents accrued........................... 20,000 00 4,3 14 86,414 4,275 15,835 141 65 70 85 83 50 $1 ,309,723 17 L IA B IL IT IE S Amount due depositors, viz.: Principal ................................................................................ $1,219,567 33 Dividends credited or to be credited fo r the six months ending with December 31, 1915...................... 23,297 74 ------------------ $1 ,242,865 07 Surplus on market value......................................................................... 66,858 10 $1,309,723 17 Surplus on par value, $65,363.01. CASH TRANSACTIONS DURING THE YE A R 1915 R E CEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividends credited...................... From interest on loans, deposits and investments...................... [254] $102,001 02 230,833 22 57,347 34 P u t n a m C o u n ty From From From From 25 5 rents from banking house.......................................................... rents from other real estate..................................................... m ortgages.............................................................................. ........... redemption of stocks and b o n d s............................................ $663 66 47,109 15,115 00 00 81 00 $453,135 39 PAYM EN TS To depositors, including For loans on bonds and For interest (other than For current expenses of dividends paid to them........................... mortgages..................................................... dividend payments to depositors) the bank, viz.: For salaries .......................................................................... F or taxes : Banking house, $240.66 ; surplus, $517.59 ; on mortgages, $384........................................................... For expenses, except taxes, o f banking h o u se : Repairs ............................................................................. Other ................................................................................ F or expenses o f other real estate, v i z .: Rapairs ............................................................................. Insurance .......................................................................... Taxes .................... For other expenses, not including expenses o f other real estate nor other expenses o f banking hou se... $237,196 20 115,300 00 22 46 $3,067 00 1,142 25 90 27 287 17 15 00 97 35 149 27 763 22 5,611 53 For real estate acquired by foreclosure, or in settlement of debts due the bank................................................................................ Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 4,314 65 90,690 55 $453,135 39 STATISTICAL INFORMATION Number of open accounts January 1, 1916............................... Number of accounts opened or reopened during the year........... Number of accounts closed during the y e a r . . . . ......................... Amount deposited during the year, not including dividends credited for that period....................................................................... Amount withdrawn during the year................................................... Amount of dividends credited and paid for the year, viz.: July 1, 1915............................................................................... January 1, 1916........................................................................ $22,758 15 23,297 74 Average amount of each account January 1, 1916...................... Rate per cent, of dividends to depositors during the six months ending June 30, 1 9 1 5 ........................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915............................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915............................... Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors .............................................................................. 2,836 00 519 465 $230,833 22 237,196 20 46.055 89 438 24 4 4 $58,475 51 5, 611 53 46.055 89 6,808 09 QUEENS COUNTY 109. C O LLE G E P O IN T S A V IN G S B A N K , CO LLE G E P O IN T [254 Second av en u e; incorporated 1872] WM. W. W EITLIN G, Vice-President. GEORGE W. G ILLE TTE , Secretary. A LFR E D H. SCHLESINGER, Vice-Pres, TRUSTEES FERD IN AN D M ARTENS, FRAN K HTJNOLD. WM. W. W EITLIN G , EDW IN P. ROE, A. H. SCHLESINGER, W ILLIA M F. BUHL. GEORGE W. G IL LE T T E , ... H. C. POPPENHUSEN, HENRY BOHNE, GEORGE DUER, W ILLIA M SCHMIDT, G. A. S. W IENERS. FIN AN CIAL RESOURCES Bonds and mortgages............................................ Stock and bond investments, viz.: Par value $10,000 129,350 132,000 10,000 18,000 38,500 391,000 S to c k s and bon d s State o f C alifornia................. Cities in other States............ Cities in this State............... Counties in this State.......... Villages in this S tate............ School districts in this State Railroad mortgage bonds — 00 00 00 00 00 oo 00 $728,850 00 $785, 960 00 Original Estimated cost market value $9,400 00 $9,400 00 135,211 08 127,663 00 135,900 62 123,040 00 10,855 70 10,900 00 18,000 00 17,556 00 41,369 60 40,025 00 399,420 75 347,160 00 $750,157 75 $675,744 00 675,744 00 Banking house and lot, book value, $5,000; cost, $5,000; actual cash value ................................................................................................ Other real estate, book value, $38,249.56; cost $40,749.56; actual cash value.................................................................................. Cash on deposit in banks or trust companies.................................. Cash on hand................................................................................................ Total of collectible interest..................................................................... Amount of all other assets, viz.: Interest accrued on land contracts.................................................................................................... 5 ,0 0 0 00 38,249 100,971 8, 940 29,471 56 70 89 62 226 01 $1,644,563 78 L IA B IL IT IE S Amount due depositors, viz.: Principal ................................................................................ $1,495,445 97 Dividends credited or to be credited fo r the six months ending with December 31, 1915...................... 28,427 59 ------------------ $1, 523, 873 56 Surplus on market value.......................................................................... 120,690 22 $1,644,563 78 Surplus on par value, $173,796.22. CASH TRANSACTIONS DURING THE YE A R 1915 R E C E IPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividends credited......................... From interest on loans, deposits and investments......................... From mortgages ......................................................................................... From redemption of stocks and bonds............................................... [256] $100, 156 342, 323 78,725 57, 900 16,200 73 11 63 00 00 257 Q ueens C o u n ty From all other sources, viz.: Telephone calls, revenue stamps, notary and protest fees, and advertising lost passbooks........................... Satisfaction o f m ortgage.................................................... Excess interest .................................................................... Insurance premiums advanced, refunded...................... Land contracts and interest on sam e......................... Fire loss .................................................................................. Profit on sale o f real estate............................................. To hold against taxes............................ $13 15 2 7 3,836 1,322 4 106 fil 75 53 00 24 70 00 00 $5,307 83 $600, 613 30 PAYM EN TS ..... ....... To depositors, including dividends paid to them........................ For loans on bonds and mortgages..................................................... For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $ 2 5,00 0)...................................... For interest (other than dividend payments to depositors) . . . For current expenses of the bank, viz.: F or salaries ........................................................................... F or taxes : Banking house, $41.44 ; surplus, $951.25 ; on mortgages, $17.............................................................. For rent o f banking room s............................................... For other expenses, not Including expenses o f other real estate nor other expenses o f banking h o u se.. ■ ■- : 25,520 00 68 75 $5,816 10 1,009 69 540 00 517 21 -----------------For real estate acquired by foreclosure, or in settlement of debts due the bank................................. Other payments, viz.: Lot for banking house......................................................... Fire loss .................................................................................. Satisfaction o f m ortgage................................................ Held against taxes................................................................ Telephone calls, revenue stamps, notary and protest fees, and advertising lost passbooks........................... Excess interest .................................................................... Insurance premiums advanced.......................................... " $398, 596 35 11,400 00 7 , 8S3 00 40,749 56 $5,000 00 1,322 70 1575 125 46 13 61 2 53 3 00 -------------------------------------- 6,483 05 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. 109,912 59 $600,613 30 STATISTICAL INFORMATION - Number of open accounts January 1, 1916...................................... Number of accounts opened or reopened during the year......... Number of accounts closed during the year................................. Amount deposited during the year, not including dividends credited for that period....................................................................... Amount withdrawn during the year................................................... Amount of dividends credited and paid for the year, viz.: July 1, 1915.............................................................................. January 1, 1916........................................................................ $342, 323 11 398,596 35 $28,399 17 28,427 59 Average amount of each account January 1, 1916........................ Rate per cent, of dividends to depositors during the six months ending June 30, 1915.............................................................................. Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915............................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 9 3, 413 392 359 56.826 76 446 49 4 4 $79,165 89 7,883 00 56.826 76 14,456 13 258 R eport on S avings B anks 110. J A M A IC A S A V IN G S B A N K , J A M A IC A [360 Fulton street; incorporated 1850] W ILLIAM A. W ARNOCK, President. J. TYL E R W ATTS, Treasurer. WM. W. GILLEN. Vice-President. M ARTIN S. R A PE LY E, Secretary. STEPHEN RYDER, Vice-President. TRUSTEES WTLLIAM A. W ARNOCK, W ILLIA M W. GILLEN, STEPHEN RYDER, J. TYLE R W ATTS, M ARTIN S. RAPE LYE, LEANDER B. FABER, GEORGE K. MEYNEN, W IL L E T C. DURLAND, W IL L JAM L. WOOD, R OBERT W. H IGBIE, EDGAR DUBS SHIM ER. CHARLES E. TW OM BLY, A. JAMES VAN SICLEN, STARR BRIN CKERH OFF, CLIFFORD M. TA PPE N . FINANCIAL RESOURCES Bonds and mortgages................................................................................ $3,121 ,09 0 00 Stock and bond investments, viz.: Par S to ck s and b on d s value District o f Colum bia.............. $10,000 00 428,500 00 Cities in other States............ Cities in this State............... 1,136,264 10 75,000 00 Counties in this State............ Towns in this State............... 20,000 00 84,000 00 Villages in this State............ School districts in this State 52,500 00 Railroad mortgage bonds___ 90,000 00 $1,896,264 10 Original Estimated cost market value $10,369 38 $10,400 00 452 818 03 434,600 00 1,201,413 04 1,121,292 36 75,950 00 78,001 00 19,800 00 20,000 00 88,366 80 82,900 00 51,810 00 53,891 20 87,168 75 66,250 00 $1,992,028 20 $1,863,002 36 1,863,0 02 36 Banking house and lot, book value, $60,000; cost, $71,899.81; actual cash value.................................................................................. Other real estate, book value, $159,601.45; cost, $159,601.45; actual cash value......................................................................... Cash on deposit in banks or trust companies................................. Cash on hand............................................................................................... Total of collectible interest..................................................................... Amount of all other assets, viz.: Rents due and accrued....................................................... Insurance paid for m ortagors.......................................... 65,000 00 155,150 547,723 37,989 55,090 00 72 35 00 $243 50 40 00 283 50 $5,845,328 93 L IA B IL IT IE S Amount due depositors, viz.: Principal .................................................................................. $5,337,622 63 Dividends credited or to be credited for the six months ending with December 31, 1915...................... 99,288 40 ------------------ $5,436,911 03 Surplus on market value......................................................................... 408,417 90 $ 5 ,8 4 5 ,32S 93 Surplus on par value, $441,679.64. CASH TRANSACTIONS DURING THE YEAR 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividends credited........................ From interest on loans, deposits and investments........................ From rents from banking house............................................................ From rents from other real estate..................................................... From mortgages ...................................................................................... From redemption of stocks and bonds............................................... From stocks and bonds sold (total par value, $103,000)........... From real estate sold................................................................................ $507,782 1,334,149 260,709 4,914 13,467 81,100 33,605 102,321 5,853 38 15 06 00 00 00 91 00 90 Q ueens C o u n ty 259 From all other sources, viz.: Insurance paid for m ortgagors...................................... Sale old fixtures, e tc .......................................................... Rent, gas range...................................................................... $46 00 65 20 3 00 $114 20 $2,344,016 60 PAYM EN TS To depositors, including dividends paid to them........................... $1 ,383,614 For loans on bonds and mortgages..................................................... 192,450 For stocks and bonds purchased, including premiums, commis 142,811 sions, etc. (total par value,$134,000)............................................. For interest (other than dividendpayments to depositors) . . . . 2,520 For current expenses of the bank, viz.: F or salaries ......................................................................... For ta x e s : Banking house, $1,228.50 ; surplus, $3,442.59 .................................................................................. For expenses, except taxes, o f banking h o u se : Insurance ........................................................................ Other .................................................................................. For rent o f banking room s................................................ F or expenses o f other real estate, v i z .: R e p a ir s .............................................................................. Insurance ......................................................................... Taxes ................................................................................. Other .................................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. 15 00 95 56 $10,198 50 4,671 09 856 13 214 30 4,264 60 1,552 304 3,091 4,612 62 22 45 93 1,293 84 -------------------------------------- 31,059 68 For real estate acquired by foreclosure, or in settlement of debts due the bank.............................................................................. 5,761 19 Other payments, viz.: Insurance paid for mortgagors............. 86 00 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 585,713 07 $2,344,016 60 S T A T IS T IC A L IN F O R M A T IO N Number of open accounts January 1, 1916...................................... 11,082 Number of accounts opened or reopened during the year........... 1,656 Number of accounts closed during the year.................................... 1,263 Amount deposited during the year, not including dividends credited for that period....................................................................... $1,334,149 15 Amount withdrawn during the year................................................... 1,383,614 15 Amount of dividends credited and paid for the year, viz.: July 1, 1915.............................................................................. January 1, 1916...................................................................... $96,779 70 99,288 40 Average amount of each account January 1, 1916........................ Rate per cent, of dividends to depositors during the six months ending June 30, 1915........................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915.................................................................. Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915............................... Dividend paid to depositors for the year 1915................................. Net earnings for the year 1915 over expenses and dividends paid to depositors ................................................................................ 196.068 .10 490 61 4 4 $272,578 34 31,059 68 196.068 10 45,450 56 260 R eport on S ayings B anks 111. LONG IS L A N D C IT Y S A V IN G S B A N K , LO N G IS L A N D C IT Y [B ridge P la z a ; incorporated 1875] W. J. BURNETT, President. JA R V IS S. HICKS, Secretary. D AN IEL S. JONES, Vice-President. ARTH UR WOODBURY, Asst. Secy. BEN JAM IN MOORE, Vice-President. C. L. PAETZOLD , Asst. Treasurer. TRUSTEES W IL L IA M J. BURNETT, D. S. JONES, A. T. PAYNE, J. HARVEY SMEDLEY, H. F. JONES, D. G. MORRISON, L. P. D E XTER. W. H. SIEBRECH T, JOHN HARVEY, BENJAM IN MOORE, H. K. LINES, JARVIS S. HICKS. C. CURTIS' WOODRUFF. FINANCIAL RESOURCES Bonds and mortgages .............................................................................. $4,392 ,75 0 00 Stock and bond investments, viz.: Par value $45,000 00 State o f New Y ork................. S tate o f L ouisiana................. 40.000 00 25.000 00 State o f Oklahoma................. Cities in other States............ 522.000 00 Cities in this State............... 1,110,870 00 Counties in this State............ 444,667 50 T ow ns in this S tate............... 87.000 00 508,040 00 Villages in this State............ School districts in this State 253,300 00 265.000 00 R ailroad mortgage bonds___ S to c k s and bonds $3,390,877 50 Original Estimated cost market value $45,761 13 $45,900 00 42,479 12 41,200 00 25,387 50 25,250 00 535,875 43 530,323 54 1,131,059 95 1,103,857 38 460,580 61 447,840 18 88,422 90 88,685 50 611,314 06 598,379 53 259,758 81 255,812 65 282,388 01 230,900 00 $3,483,027 52 $3,368,148 78 3,368,1 48 78 Banking house and lot, book value, $27,000; cost, $32,077; actual cash value ................................................................................ Other real estate, book value, $15,S68.89; cost, $15,868.89; actual cash value ................................................................................ Cash on deposit in banks or trust companies................................. Cash on hand ............................................................................................. Total of collectible interest.................................................................. Amount of all other assets, viz.: New York State barge canal ju d gm en ts................................................................................................. 27,000 00 15,868 89 868,897 06 5,317 11 75,241 06 4,961 83 $8,758,184 73 L IA B IL IT IE S Amount due depositors, v iz.: Principal ................................................................................ $7,801,825 42 Dividends credited or to be credited fo r the six months ending with December 31, 1915........................ 142,507 08 ------------------ $7,944,332 50 Surplus on market value......................................................................... 813,852 23 Surplus on par value, $836,580.95. $8,758,184 73 ■■ --i.■:■■■■■.... ■ CASH TRANSACTIONS DURING THE YEA R 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................ From depositors, not including dividends credited...................... From interest on loans, deposits and investments......................... From rents from banking house.......................................................... From rents from other real estate ................................................... From m ortgages......................................................................................... From redemption of stocks and bonds............................................... From veal estate sold .............................................................................. $549,344 2,720,018 416,021 180 1, 822 303,370 64, 830 40,600 77 43 54 00 50 00 00 00 $4 ,096,187 24 Q ueens C o un ty 261 PAYM EN TS To depositors, including dividends paid to them........................ $2,489,363 07 For loans on bonds and mortgages................................................... 527,000 00 For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $113,500).................................... 117,319 34 For interest (other than dividend payments to depositors) . . . . 1,086 31 For current expenses of the bank, viz.: For salaries ........................................................................... For taxes : Banking house, $608.53 ; surplus, $7,046.64 ; on mortgages, $2,105.......................................................... F or expenses, except taxes, o f banking house : Repairs ............................................................................. Insurance ......................................................................... For rent o f banking room s............................................. For expenses o f other real estate, viz. : Repairs ............................................................................. Insurance ......................................................................... Taxes .................................................................................. Other ................................................................................ For other expenses, not including exnenses o f other real estate nor other expenses o f banking house.. $20,936 66 9,760 17 6 30 22 10 4,999 92 1,271 125 745 340 16 70 26 76 3,046 79 41,254 82 For real estate acquired by foreclosure, or in settlement of debts due the bank................................................................................ Other payments, viz.: New York State barge canal judgments purchased ................................................................................................. Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 40,987 70 4,961 83 874,214 17 $4 ,096,187 24 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... 22,297 Number of accounts opened or reopened during the year......... 4,297 Number of accounts closed during the year.................................... 2,7 88 Amount deposited during the year, not including dividends credited for that period....................................................................... $2,720,018 43 Amount withdrawn during the year.......................................... 2,489,363 07 Amount of dividends credited and paid for the year, viz.: July 1, 1915.............................................................................. January 1, 1916....................................................................... $138,284 34 142,507 08 Average amount of each account January 1, 1916.................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915.......................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................. Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915............................... Dividends paid to depositors for the year 1915........................... Net earnings for the year 1915 over expenses and dividends paid to depositors ................................................................................ 280.791 42 356 29 4 4 $416,556 50 41,734 47 280.791 42 94,030 61 262 R eport on S avings B anks 112. THE QUEENS COUNTY S A V IN G S BANK, F L U S H IN G [80 Main stre e t; incorporated 1859] W IL L IA M T. JAMES, President. HENRY L. BOGERT, Treasurer. FRAN K A. COLLINS, Vice-President. ABRAM C. HAGEMAN, Cashier. JOHN HEPBURN, Vice-President. TRUSTEES HENRY L. BOGERT, LEW IS B. FRANKLIN, E. COVERT HULST, ABRAM C. HAGEMAN, EDGAR BOWNE, JOHN HEPBURN, W ILLIA M T. JAMES, FRAN K A. COLLINS, GEORGE E. LEW IS. HARRISON S. MOORE, JAM ES H. QUINLAN, D. H. VAN DEW ATER, JAMES A. MACDONALD, DAVID M ASTER, GEORGE O. HILD R E TH . FINANCIAL RESOURCES Bonds and mortgages................................................................................ $2,416,100 00 Stock and bond investments, viz.: S to c k s and bonds Cities in other States............ Cities in this State............... Towns in this State............... Villages in this State............ School districts in this State Railroad mortgage bonds___ Par value $151,000 00 296.000 00 99,000 00 99,800 00 168.000 00 320,000 00 $1,133,800 00 Original Estimated cost market value $159,506 00 $150,760 00 283,070 00 318,926 70 105,258 18 101,300 00 99,996 00 106,234 85 170,896 62 170,500 00 362,279 00 297,840 00 $1,223,101 35 $1,103,466 00 1,103,466 00 Banking house and lot, book value, $62,000; cost, $63,765.88; actual cash value.................................................................................. Other real estate, book value, $103,061.94; cost, $103,061.94; actual cash value.................................................................................. Cash on deposit in banks or trust companies......... ........................ Cash on hand............................................................................................... Total of collectible interest.................................................................. Amount of all other assets, viz.: Taxes and insurance pre miums advanced 62,000 00 103,061 328,517 2,1 04 32,836 94 84 23 08 923 96 $4 ,049,010 05 L IA B IL IT IE S Amount due depositors, viz.: Principal .................................................................................. $3,703,780 57 Dividends credited or to be credited for the six months ending with December 31. 1915...................... 67,890 17 ------------------ $3, 771, 670 74 Surplus on market value......................................................................... 277,339 31 $ 4 ,049 ,01 0 05 Surplus on par value, $307,673.31. CASH TRANSACTIONS DURING THE YEAR 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................ From depositors, not including dividends credited.................... From interest on loans, deposits andinvestments................... From rents from other real estate....................................................... From mortgages ....................................................................................... From redemption of stocks and bonds............................................... From stocks and bonds sold (total parvalue,$31,40 0). From real estate sold .................................. $322,689 1,043,092 189,568 3,915 200,400 19,300 24,178 12,700 17 89 04 12 00 00 00 00 $1,815,843 22 263 Q ueens C o un ty PAYM EN TS To depositors, including dividends paid to them........................... For loans on bonds and mortgages..................................................... For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $117,000)........................................ For interest (other than dividend payments to depositors) . . . For current expenses of the bank, viz.: For salaries ........................................................................... For ta x es: Banking house,$737.39 ; surplus, $2,451.58. For expenses, except taxes, o f banking h o u se : Repairs .............................................................................. Insurance ......................................................................... F or expenses o f other real estate, v i z .: Repairs .............................................................................. Insurance ......................................................................... Taxes ........................................................................................ Other .................................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking house— $995,575 77 267 850 00 118,925 82 473 50 $8,150 00 3,18897 131 48 21 11 1,794 1,049 1,548 973 03 86 96 43 2,60897 19,466 81 For real estate acquired by foreclosure, or in settlement of debts due the bank................................................................................ Other payments, viz.: Advanced for insurance and taxes. . . . Cash on hand in banks or trust companies December 31, 1915, after transactions of the day.................... .......................... 82,005 29 923 96 330,622 07 $1,815,843 22 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... 9, 178 Number of accounts opened or reponed during the year........... 1,683 Number of accounts closed during the year.................................... 1,081 Amount deposited during the year, not including dividends credited for that period....................................................................... $1 ,043,092 89 Amount withdrawn during the year................................................. 995,575 77 Amount of dividends credited and paid for the year, viz.: July 1, 1915.............................................................................. January 1, 1916........................................................................ $66,046 87 67,890 17 Average amount of each account January 1, 1916.................... Rate per cent, of dividens to depositors during the six months ending June 30, 1915........................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................ Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915............................... Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors ................................................................................ 133.937 04 410 94 4 4 192,730 19 19,466 81 133.937 04 39, 326 34 RENSSELAER CO U N TY 113. T R O Y S A V IN G S B A N K , T R O Y [32—38 Second street; incorporated 1823] C. E. HANAMAN, President. WM. H. SHIELDS. Vice-President. THOM AS VAIL, Vice-President. J. E. ANTHONY, Treasurer. TRUSTEES CH ARLES E. HANAMAN, E DW ARD C. GALE, JAM ES K. P. PIN E, THOMAS VAIL, JAMES H. CALDW ELL, HARVEY ,S. MCLEOD, W ILLIA M H. SHIELDS, W ILLIA M M. SANFORD, FRAN K E. NORTON, HENRY S. LUDLOW. W. L. THOMPSON, ELIAS P. MANN, A L B E R T E. CLUETT, H E R B E R T S, IDE, JOHN PAINE. FRANK B. TW INING, HENRY W H EELER, PA U L COOK. FIN AN CIAL RESOURCES Bonds and mortgages................................................................................ $2 ,952,350 00 Stock and bond investments, viz.: Par S to c k s and b o n d s value United States ......................... $ 100,000 00 204.000 00 State o f New Y ork................... State o f Tennessee............... 300.000 00 Cities in other States............ 2.599.000 00 Cities in this S ta te............... 2,345,193 85 397.000 00 Counties in this State............ 88,000 00 Villages in this State............ 41,000 00 School districts in this State R ailroad m ortgage bonds___ 2.323.000 00 $8,397,193 85 Original Estimated market value cost $138,406 25 $110,000 00 214,970 00 218,480 00 308,000 00 308,783 88 2,693,056 19 2,519,360 00 2,356,599 41 2,462,787 16 406,411 28 386,350 00 88,938 00 85,760 00 41,000 00 38,950 00 2,461,400 76 2,056,560 00 $8,815,753 52 $8,080,059 41 8,080,059 41 Banking house and lot, book value, $120,000; cost $481,675; actual cash value.......................................... .......................... ............. Cash on deposit in banks or trust companies............................... Cash on hand............................................................................................... Total of collectible interest................................................................... Amount of all other assets, viz.: A ccrued rents ........................................................................ New York State barge canal judgm ents...................... 120,000 755,000 54,146 149,175 00 14 57 03 $227 09 9,345 46 9,572 55 $12,120,303 70 L IA B IL IT IE S Amount due depositors, viz.: Principal .................................................................................................. $11,041,724 50 Other liabilities, viz.: Dividends accrued on deposits to January 1, 1916.................... Surplus on market value....................................................................... 94,958 83 983,620 37 $12,120,303 70 Surplus on par value, $1,300,754.81. [264] R ensselaer C o un ty 265 CASH TRANSACTIONS DURING THE YEA R 1915 R E CEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day.......................................... From depositors, not including dividends credited.................... From interest on loans, deposits and investments...................... From rents from banking house.......................................................... From mortgages ....................................................................................... From redemption of stocks and bonds............................................... From stocks and bonds sold (total par value, $684,000)........... From all other sources, viz.: Refund on security company b o n d ............................................................................................................ $825,513 1,474,234 508,801 4,981 819,350 241,160 634,422 45 90 28 69 00 55 69 5 78 $4,508,470 34 PAYM EN TS To depositors, including dividends paid to them......................... $2,277,357 92 For loans on bonds and mortgages................................................... 949,750 00 For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $400,000)................................. 414,187 05 For interest (other than dividend payments to depositors) . . 4,416 97 For current expenses of the bank, viz.: F or salaries ............................................................................. F or ta x e s: Banking house,$9,518.26;surplus, $9,954.12 F or expenses, except taxes, o f banking h o u se : Repairs ............................................................................. Insurance ......................................................................... Other .................................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking h ou se... $17,092 22 19,47238 1,290 23 565 21 2,162 85 3,888 99 Other payments, viz.: New York State barge canal judgments Cash on hand and in banks or trust companies December 31, 1915, after transaction of the day................................................. 44,471 88 9,139 81 809,146 71 $4,508,470 34 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... 18,445 Number of accounts opened or reopened during the year 1,787 Number of accounts closed during the year.................................... 2, 652 Amount deposited during the year, not including dividends credited for that period....................................................................... $1, 474, 234 90 Amount withdrawn during the year............................................... 2 ,2 77,3 57 92 Amount of dividends credited and paid for the year, viz.: A pril 3, 1915............................................................................. October 3, 1915.......................................................................... $195,394 54 192,088 09 Average amount of each account January 1, 1916...................... Rate per cent, of dividends to depositors during the six months ending July 1, 1915................................................................ Rate per cent, of dividends to depositors during the six months ending January 1, 1915........................................................ Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915............................... Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 387,482 63 598 63 3% 3% $492,897 27 44,471 88 384,480 99 63,944 40 R IC H M O N D C O U N T Y 114. R IC H M O N D C O U N T Y S A V I N G S B A N K , W E S T N E W B R IG H T O N [1619 Richm ond terrace; incorporated 1886] J. F. SM ITH. President. F. W. TOM PKINS. Treasurer. AZEL F. M ERRELL, Vice-President. GEORGE H. TRED W E LL, Secretary. BENEDICT PARK ER. Vice-President. TRUSTEES JOHN F. SMITH, A ZE L F. M ERRELL, BENEDICT PARK ER, GEORGE M. M ATTHIU S, FRAN K W. TOMPKINS, JOHN A. SNYDER, A L B E R T K. BUHL, SAMUEL W. FAN'CHER JACOB I. HOUSMAN, M ELVIN L. DECKER, CHAS. E. SIMONSON. HENRY P. MORRISON, GEO. H. TRED W ELL, WM. J. DAVIDSON, SAMUEL ECKSTEIN, JOSEPH H. MALOY, FINANCIAL RESOURCES Bonds and mortgages Stock and bond investments, viz.: S to c k s and bon ds State o f New Y ork.................. State o f Louisiana.................. Cities in other States............ Cities in this State................. Counties in this State............ Villages in this S tate............ School districts in this State Railroad mortgage bonds___ Par value $35,000 15,000 20,000 72,000 5,500 105,000 45,997 167,000 $996,850 00 50 00 00 91 00 68 84 01 Estimated market value $38,200 00 15,450 00 19,600 00 70,260 00 5,800 00 106,600 00 46,287 50 151,290 00 $477,666 94 $453,487 50 cost $36,862 14,913 21,150 74,314 5,950 110,774 47,589 166,112 00 00 00 00 00 OO 50 00 $465,497 50 453,487 50 Banking house and lot, book value, $7,000; cost, $7,197.23; actual cash value.................................................................................. Other real estate, book value, $3,205; cost, $3,441.95; actual cash value ............................................................................................... Cash on deposit in banks or trust companies............................... Cash on hand............................................................................................... Total of collectible interest................................................................... Amount of all other assets, viz.: Loans on contract................................................................. Accrued interest on bonds purchased............................. Amount due unknown depositors..................................... 7,000 00 3,205 137,256 32,823 11,656 00 62 09 47 $9,920 00 37 50 197 00 ----------------- - 10,154 50 $1,652,433 18 L IA B IL IT IE S -■ ■ Amount due depositors, v iz.: Principal .................................................................................. $1,531,410 57 Dividends credited or to be credited fo r the six months ending with December 31, 1915....................... 27,948 43 ------------------ $1,559,359 00 Other liabilities, viz.: Amount due unknown depositors........... 197 00 Surplus on market value,....................................................................... 92,877 18 $1,652,433 18 : Surplus on par value, $104,887.18. CASH TRANSACTIONS DURING THE YEAR 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................... ............. From depositors, not including dividends credited.................... [266] $120,913 68 638,780 04 R ic h m o n d C o un ty From From From From From From 26 7 interest on loans, deposits end investments.................... rents from banking house.......................................................... m ortgages......................................................................................... redemption of stocks and bonds............................................ real estate sold................................................................................ all other sources, viz.: $80,635 468 47,100 9,741 7,0 00 06 00 00 71 00 $2,300 00 Land contract .. Insurance repaid 8 20 2,308 20 $906,946 69 PAYM ENTS To depositors, including dividends paid to them......................... For loans on bonds and mortgages............. ..................................... For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $10,00 0).................................... For interest (other than dividend payments to depositors) .. For current expenses of the bank, viz.: For salaries ............................................................................ For taxes : Banking house, $192.48 ; surplus, $970.78 ; on mortgages, $352.50 ...................................................... For expenses, except taxes, o f banking h o u se : Repairs .............................................................................. Insurance ......................................................................... Other .................................................................................. F or expenses o f other real estate, v i z .: Repairs ............................................................................. Taxes .................................................................................. Other .................................................................................. For other expenses, not Including expenses o f other real estate nor other expenses o f banking h o u se... $638,058 58 71,793 40 10,062 50 37 50 $5,825 00 1,515 76 330 65 146 53 133 40 5 00 251 24 66 25 1,632 97 9,906 80 Other payments, v iz.: Land contract ...................................................................... Insurance premiums advanced........................................ $7,000 00 8 20 7,008 20 Cash on hand and in banks or trust companies December 31, 1915, after tra n sa c tio n s o f the day............................................ 170,079 71 $906, 946 69 STATISTICAL INFORMATION Number of open accounts January 1, 1916.................................... Number of accounts opened or reopened during the year......... Number of accounts closed during the year................................. Amount deposited during the year, not including dividends credited for that period....................................................................... Amount withdrawn during the year................................................. Amount of dividends credited and paid for the year, viz.: July 1, 1915.............................................................................. January 1, 1916........................................................................ $638,780 04 638,058 58 $27,025 55 27,948 43 Average amount of each account January 1, 1916......................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915......................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................. Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915............................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors................................................................................ 5,477 788 559 54,973 98 279 60 4 4 $81,679 18 9,906 80 54,973 98 16,798 40 R eport on S avings B anks 268 115. S T A T E N IS L A N D S A V IN G S B A N K , S T A P L E T O N [81 W ater stre e t; Incorporated 1864] E D W A R D C. BRIDGM AN, President. HERMAN C. HAGEDORN, Cashier. ED U A R D C. MEURER, Vice-President. GEO. C. H ALL, A ssistant Cashier. GEO. S. H U M PH R E Y, Vice-President. TRUSTEES E. C. BRIDGM AN, W IL L Y SONNTAG, W. HUDSON CLARK, F E D O R SCHMIDT, J. B. PEARSON. E R N E ST W EHNCKE, OTTO LINDEMANN, P A T R IC K BRADY, ED. C. M EURER. CHAS. A. BRUNS, W ILLIA M L. VOORHIS, CH A R LE S KAPPES, EDMUND L. JUDSON, GEO. S. HUM PHREY, J. ED. STAKE, WM. J. W ELSH, JOHN CARM ICHAEL, OTTO J. THOMEN, C ARL F. G R IESH ABER, ERNEST R. MOODY, ERNEST W. ZENTGRAF. FIN AN CIAL RESOURCES Bonds and mortgages...................... ....................................................... $3,028,561 50 Stock and bond investments, viz.: Par S to c k s and b on d s value Cities in other States.............. $368,200 00 Cities in this State...................... 489,00000 Counties in this S ta te .......... 124,000 00 Tow ns in this State............... 25,000 00 Villages in this State............ 27,500 00 School districts in this State 127,900 00 R ailroad mortgage bonds___ 810,000 00 $1,971,600 00 Original Estimated cost market value $370,799 76 $358,73600 491,609 19 476,21000 130,769 00 123,24000 25,325 10 24,75000 27,832 29 26,85000 137,757 90 134,252 00 812,187 50 736,95000 $1,996,280 74 $1,880,988 00 1,880,988 00 Banking house and lot, book value, $16,000; cost, $49,192.47; actual cash value.......................................... ........................................ Other real estate, book value, $18,150.47; cost, $18,150.47; actual cash value.................................................................................. Cash on deposit in banks or trust companies...................... ........... Cash on hand................................................................................................ Total of collectible interest..................................................................... Amount of all other assets, v iz.: Insurance premiums and taxes advanced...................... Repairs to mortgaged prem ises....................................... Comm ission on real estate sold ........................................ 49,192 47 17,950 367,398 36,583 88,297 $715 61 8 50 150 00 00 56 18 63 874 11 $5,469,845 45 L IA B IL IT IE S - - - Amount due depositors, viz.: Principal .................................................................................. $4,984,387 78 Dividends credited or to be credited fo r the six m onths ending with December 31, 1915...................... 91,699 95 Other liabilities, $5,076,087 73 viz.: D eposit on account o f contract fo r sale o f real estate Taxes advanced and deposit as security fo r ta x e s... F ire insurance loss on mortgaged premises................. Cash over ............................................................................... $250 2,455 8,000 10 00 00 00 00 10,715 00 383,042 72 Surplus on market value Surplus on par value, $473,654.72. $5,469,845 45 -. : ■ CASH TRANSACTIONS DURING THE YEA R 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividendscredited..................... From interest on loans, deposits andinvestments........................ From rents from banking house......................................................... From rents from other real estate.................................................... From mortgages ............................. ......................................................... From redemption of stocks and bonds............................................... From real estate sold................................................................................ $336,576 1,573,927 237,535 4,781 979 177,050 7,3 00 12,510 05 49 55 92 00 00 00 00 269 R ich m o n d C o u n ty From all other sources, viz.: Insurance premiums, taxes and interest advanced, refunded .............................................................................. Fire insurance lo ss................................................................ Deposit on sale o f real estate.......................................... Commission on sale o f real estate.................................. Collection ................................................................................ Return premium ............................................................ ........ Deposit to guarantee paym ent o f inheritance t a x ... Cash over ................................................................................ Drawing release ................................•................................... $2,323 30 12,220 88 250 75 7 12 00 00 86 76 2,000 00 10 00 -------$16,904 80 $2 ,367 ,56 4 8T PAYM EN TS To depositors, including dividends paid to them......... ............... $1,502,075 89 For loans on bonds and mortgages..................................................... 400,460 00 For interest (other than dividend payments to depositors) . . 92 86 For current expenses of the bank, viz.: F or salaries ........................................................................... For ta x e s : Banking house, $1,039.30; surplus, $3,131.97; on mortgages, $1,967............................................. F or expenses, except taxes, o f banking h o u se ; Repairs ............................................................................. Insurance ............................................................. Other .................................................................................. For expenses o f other real estate, v i z .: Repairs .............................................................................. Insurance ......................................................................... Taxes .................................................................................. Other ................................................................................ For other expenses, not including expenses o f other real estate nor other expenses o f banking h ou se... $20,056 66 6,138 27 2,501 73 205 80 2,000 15 536 35 126 129 66 00 21 65 5,542 46 37,272 59 For real estate acquired by foreclosure, or in settlement of debts due the bank........................................................................... .. . Other payments, viz.: 16,965 21 Insurance premiums, taxes and interest ad vanced ... Fire insurance loss on mortgaged prop erty................. On account o f sale o f real estate.................................. Collection charges .............................................................. Repairs to mortgaged prem ises........................................ Commission on sale o f real estate.................................. $2,277 4,220 50 7 10 150 78 88 00 86 00 00 Cash on hand and in hanks or trust companies December 31, 1915, after transactions of the day............................................. 6,716 52 403,981 74 $27367,564 81 STATISTICAL INFORMATION 14,381 Number of open accounts January 1, 1916.................................... Number of accounts opened or reopened during the y e a r .... 1,983 Number of accounts closed during the year................................. 1,255 Amount deposited during the year, not including dividends credited for that period........................................ ............................. $1,573,927 49 Amount withdrawn during the year............................................... 1,502,075 89 Amount of dividends credited and paid for the year, viz.: July 1, 1915.............................................................................. $90,300 62 January 1, 1916............................................................................... 91,699 95 Average amount of each account January 1, 1916.................... Number of accounts which exceeded $3,000, exclusive of divi dends credited, at the last trial balance of depositors’ ledgers, except deposits arising from society accounts, or judicial sales, or trust funds, or by order of a court of record or of a surrogate................................................................................................... Total amount of such accounts............................................................ Rate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................ Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................. Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915............................. . Dividends paid to depositors for the year 1915........................... Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 182,000 57 352 97 2 $6,207 20 4 4 $260,378 75 37,272 59 182,000 57 41,105 59 SAINT LAWRENCE COUNTY 116. S A IN T LAW RENCE COUNTY S A V IN G S B A N K , OG DENSBURG [79 State stre e t; Incorporated 1909] AN DREW IRVING, President. JAMES E. KELLY, Treasurer. D. c. M ADILL. Vice-President. C. D. RANDLES, Secretary. JOHN HANNAN. Vice-President. TRUSTEES ERN EST M, AKINS, FRANK W. AMES, FRAN K CHAPMAN, GEORGE F. DARROW, ROUT. J. DONAHUE, EDGAR B. ELETHORP, JOHN HANNAN, JOHN C. HOWARD. CHAS. D. RANDLES, F E L IX HULSER, RICHARD H. HUTCHINS, JOHN B. TYO, AN DREW IRVING, GEO. E. VAN KENNEN, W A LTE R G. KELLOGG, JAMES M. W ELLS, ABNER D. W H ITN EY, JAMES E. KELLY, SAMUEL W. LEONARD, DENNIS B. LUCEY, W ILLIA M E. W H ITFORD, DENNIS LYNCH, THOMAS SPRATT. GRANT C. M ADILL, FINANCIAL RESOURCES Bonds and mortgages............................................. Stock and bond investments, viz.: S to c k s and b o n d s State o f Louisiana................ Cities in other States........... Cities in this State............... Counties in this S tate......... Towns in this State............... Villages in this State............ School districts in this State Railroad mortgage bonds__ Par value $5,000 00 88,000 00 147,463 68 15,000 00 29,700 00 65,180 00 38,300 00 132,000 00 $520,64368 $395,907 09 Original Estimated cost market value $4,970 00 $5,150 00 90,332 41 89,240 00 148,988 69 148,983 98 15,389 48 15,400 00 30,736 66 30,825 00 66,041 13 66,330 40 39,013 33 38,850 00 127,317 50 118,640 00 $522,78920 $513,41938 -------- -■ ' ■ ■■ Cash on deposit in banks or trust companies............................... Cash on hand............................................................................................. Total of collectible interest..................................................................... 513,419 60,197 831 7,879 38 49 45 79 $978,235 20 L IA B IL IT IE S Amounts due depositors, viz.: Principal ................................................................................ Dividends credited or to be credited fo r the six months ending w ith December 31, 1915...................... $935,904 04 15,168 03 -----------------Surplus on market value....................................................................... $951,072 07 27,163 13 $978,235 20 Surplus on par value, $34,387.43. CASH TRANSACTIONS DURING THE YEAR 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................ From depositors, not includingdividends credited........................ From interest on loans, deposits and investments............... From mortgages .................. ._.................................................................. rrom redemption of stocks andbonds................................................ $88,287 418,905 42,421 49,361 15,000 07 15 71 70 00 $613,975 63 [270] S t . L a w r en c e C o u n ty 271 PAYM ENTS To depositors, including dividendspaid to them........................... For loans on bonds and mortgages................................................... For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $93,443.50)................................. For interest (other than dividend payments to depositors) . . For current expenses of the bank, viz.: F or salaries ........................................................................... For taxes : Surplus, $219.78 ; on mortgages. $57.35___ F or rent o f banking room s................................................ For other expenses, not including expenses o f other real estate nor other expenses o f banking hou se... $388,195 77 61,717 87 95,052 25 996 76 $4,379 46 277 13 500 00 1,734 24 -------------------------------------- 6,890 83 Other payments, viz.: Cash short..................................................... 93 21 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 61,028 94 $613,975 63 STATISTICAL INFORMATION Number of open accounts January 1, 1916.................................... Number of accounts opened or reopened during the year. . . . Number of accounts closed during the year................................. Amount deposited during the year, not including dividends credited for that period....................................................................... Amount withdrawn during the year................................................. Amount of dividends credited and paid for the year, viz.: July 1, 1915.............................................................................. January 1, 1916 ................................................................... Credited at other periods................................................. 3,694 998 869 $418,905 15 388,195 77 $12,558 42 15,058 67 109 36 -------------------------------------- 27,726 45 Average amount of each account January 1, 1916...................... 257 46 Rate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................ 3 and 3% Rate per cent, of dividends to depositors during the six months e n d in g D ecem ber 31, 1915................................................. 3 ^ /2 Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. $40,946 74 Total expenses of the bank for the year 1915............................... 6,890 83 Dividends paid to depositors for the year 1915........................... 27,726 45 Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 6,329 46 SCHENECTADY COUNTY 117. S C H E N E C T A D Y S A V IN G S B A N K , S C H E N E C T A D Y [500 State s tr e e t; incorporated 1834] EVE R ETT SM ITH, President. H. W. BENNINGTON. Vice-President. WM. L. PEARSON, Vice-President. ALLEN W. JOHNSTON, Treasurer. TRUSTEES E V E R E T T SMITH, W ILLIA M L. PEARSON, H. W. DENNINGTON, JOHN MCDERMOTT, HENRY BRADT, ALLEN W. JOHNSTON. HERMAN V. M YNDERSE. L E W IS A. SKINNER, f . w. M c C l e l l a n . W IL L IA M DALTON, GEORGE E. EMMONS, H. ROGER HEGEMAN, CHAS. S. W ASHBURN, FIN AN CIAL RESOURCES $4,639,933 36 Bonds and mortgages........................ Stock and bond investments, viz.: Par value State o f Alabam a.................... $25,000 State o f M assachusetts......... 50,000 Cities in other States............ 966,802 Cities in this State................. 1,089,000 214,750 Counties in this State............ Towns in this State............... 56,500 Villages in this S tate........ 214,100 School districts in this State 34,000 Railroad mortgage bonds___ 275,000 S to ck s and honds 00 00 50 00 00 00 00 00 00 $2,925,152 50 Original Estimated cost market value $26,695 00 $25,000 00 49,000 00 46,000 00 996,257 70 952,433 22 1,114,210 20 1,036,360 00 212,965 00 226,249 00 56,650 00 57,013 71 216,603 77 215,747 00 35,256 12 34,780 00 250,687 50 235,000 00 $2,971,973 00 $2,814,935 22 — = =--= — — = = ——Banking house and lot, book value, $100,000; cost, $76,050.27; actual cash value................................................................................ Other real estate, book value, $3,132.09; cost, $3,132.09; actual cash value................................................................................. Cash on deposit in banks or trust companies................................. Cash on hand............................................................................................. Total of collectible interest................................................................. 2,814,9 35 22 76,050 27 3,132 584,352 168,867 129,199 09 79 32 81 $8,416,470 86 L IA B IL IT IE S ----- Amount due depositors, viz.: Principal ................................................................................ $7,897,574 61 Dividends credited or to be credited fo r the six months ending with December 31, 1915..................... 128,705 27 ------------------ $8,026,279 88 Other liabilities, viz.: Junior department (without interest) 168 30 Surplus on market value....................................................................... 390,022 68 Surplus on par value, $500,239.96. = $8,416,470 86 . CASH TRANSACTIONS DURING THE YEA R 1915 R E CEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day.......................... From depositors, not including dividends credited.................... From interest on loans, deposits and investments................... From mortgages ................................. From redemption of stocks and bonds............................................... From stocks and bonds sold (total par value, $347,500)............. [272] $667,681 2,4 68,1 54 377,632 234,600 239,211 331,881 01 42 54 00 77 17 S c h e n e c t a d y C o un ty 2 73 From all other sources, viz.: Junior department (w ithou t in te re st)......................... Exchange account ................................................................ Over credit interest accoun t............................................. Taxes, insurance premiums and advertising account. Suspense account ................................................................. Difference in figures on sale............................................. $154 26 10 40 76 32 598 04 83 00 04 $922 06 $4,320,132 97 PAYM ENTS : To depositors, including dividends paid to them......................... $3 ,165,184 68 For loans on bonds and mortgages...................................................... 39,300 00 For loans on stocks and bonds and other securities.................... 300,000 00 For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $15,00 0)........... .*...................... 15,000 00 For interest (other than dividend payments to depositors).. 6,134 72 For current expenses of the bank, viz.: F or salaries ............................................................................. For taxes : Banking house, $2,666.43 ; surplus, $3,534.71 F or expenses, except taxes, o f banking h o u se : Repairs ............................................................................. Insurance ......................................................................... For expenses o f other real estate, v i z .: Repairs .............................................................................. Taxes .................................................................................. F or other expenses, not including expenses o f other real estate nor other expenses o f banking house .............................................................................. $26,475 00 6,201 14 352 96 60 00 27 84 63 91 6,380 31 39,561 16 Other payments, viz.: Suspense account ................................................................. Junior department (w ithou t in te re st)........................... Dormant accounts .............................................................. Short credit interest accou n t.......... .................................. Interest due January 1, 1915............................................. Taxes .............................................................................. Errors in check and interest............................................. M ortgage loans, taxes and insurance premiums paid by bank ................................................................................ $64 188 373 15 6 179 2 10 39 02 91 04 48 23 903 13 1,732 30 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 753,220 11 $4,320,132 97 STATISTICAL INFORMATION = = = = = Number of open accounts January 1, 1916.................................... 34,603 Number of accounts opened or reopened during the year......... 5,880 Number of accounts closed during the year.................................... 4,927 Amount deposited during the year, not including dividends credited for that period....................................................................... $2 ,468 ,15 4 42 Amount withdrawn during the year................................................. 3,165,1 84 68 Amount of dividends credited and paid for the year, viz.: July 1, 1915.............................................................................. January 1, 1916...................................................................... $128,600 52 128,705 27 Average amount of each account January 1, 1916...................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915.......................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................. Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915............................... Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 257.305 79 231 95 3y2 3% $364,931 89 39,561 16 257.305 79 68,064 94 SENECA C O U N TY 118. T H E SE N E C A F A L L S S A V IN G S B A N K , SE N E C A F A L L S [39 Fall s tr e e t; incorporated 1870] EDW ARD W. ADDISON, President. E L IA S LESTER, Vice-President. FRED M AIER, Vice-President. WM. B. HARPER, Treasurer. THOMAS J. YAW OER, Vice-President. S. ROMAYNE SOMERS, Asst. Trea. TRUSTEES EDW ARD W. ADDISON, HAM ILTON GARNSEY, CHAS. F. HAMMOND, HORACE D. KNIGHT. E LIAS LESTER, FRED M AIER, CARL W. M AIER, c. a . M a c d o n a l d , .HEN RY R. MICKS. CHAS. S. FRED L. ALBERT THOMAS SANDERSON, STORY, P. HANEY, J. YAW GER, FINANCIAL RESOURCES Bonds and mortgages................................................................................ Stock and bond investments, viz.: Par value $5,000 10,000 30,000 46,000 34,868 14,500 151,300 36,360 218,000 S to c k s and bon d s State o f A rizona...................... State o f M ississippi............... Cities in other States............. Cities in this State................. Counties in this State.......... Towns in this S tate............... Villages in this State............ School districts in this State Railroad mortgage bonds___ Original Estimated cost market value $5,103 25 $5,200 00 10,355 00 9,900 00 30,756 00 30,040 00 46,640 29 45,350 00 35,412 95 35,410 93 14,681 25 14,537 50 154,780 88 152,725 00 37,179 16 35,864 00 224,912 74 201,280 00 00 00 00 00 93 00 00 00 00 $546,028 93 $337,312 13 .$559,819 d0 $530,309 45 530,309 45 Other real estate, book value, $8,000; cost, $11,485.15; actual cash value ........................ Cash on deposit in banks or trust companies. . . Cash on hand........................ Total of collectible interest.................. Amount of all other assets,, viz.: Land contracts ................. New York State barge canal judgm ents.................... 11,485 120,933 5,931 11,942 15 18 25 70 $550 00 4,958 35 5.508 35 $1,023,422 21 L IA B IL IT IE S : Amount due depositors, viz.: Principal .................................................................................. Dividends credited or to be credited fo r the six month ending with December 31, 1915......................... $946,937 51 17,500 42 -----------------Surplus on market value....................................................................... $964,437 93 58,984 28 $1,023,422 21 ■ Surplus on'par value, $74,703.76. CASH TRANSACTIONS DURING THE YEAR 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividends credited.................... From interest on loans, deposits and investments...................... From mortgages ....................................................................................... From redemption of stocks and bonds............................................... [274] $111,300 340,539 43,860 31.521 53,744 79 71 11 23 43 S en eca C o un ty 275 From all other sources, viz.: In su ra n c e C o lle c tio n p r e m iu m s a n d t a x e s a d v a n c e d ......................... a n d e x c h a n g e ..................................................................... $99 74 4 07 ------------------ $103 81 $581,070 08 PAYM ENTS To depositors, including dividends paid tothem........................... For loans on bonds and mortgages................................................... For stock and bonds purchased, including premiums, commis sions, etc. (total par value, $5 5,000).......................................... For interest (other than dividend payments todepositors) .. For current expenses of the bank, viz.: F o r s a l a r i e s ...................................................................................................... F o r t a x e s : S u r p lu s , $393.25 ; o n m o r t g a g e s , $ 3 1 6 .4 0 ... F o r r e n t o f b a n k in g r o o m s ................................................................. F o r o t h e r e x p e n s e s , n o t in c lu d in g e x p e n s e s o f o t h e r r e a l e s t a t e n o r o t h e r e x p e n s e s o f b a n k in g h o u s e .. $329,410 73 61,755 00 56,739 13 421 29 $3,991 61 709 65 360 00 775 60 -------------------------------------- 5,836 86 Other payments, viz.: Taxes advanced............................................... 42 64 Cash on hand and in banks or trust companies, December 31, 1915, after transactions of the day............................................... 126,864 43 $581,070 08 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... Number of accounts opened or reopened during the y e a r .... Number of accounts closed during the year................................. Amount deposited during the year, not including dividends credited for that period....................................................................... Amount withdrawn during the year................................................. Amount of dividends credited and paid for the year, viz.: J u ly 1. 1915........................................................................................................ January 1, 1916...................................................................... 3,149 650 558 $340,549 71 329,425 54 $16,738 67 17,500 42 -------------------------------------- 34,239 09 Average amount of each account January 1, 1916...................... 306 26 Rate per cent, of dividends to depositors during the six months ending June 30, 1915............... ............................................ 4 Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................... 4 Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. $42,698 53 Total expenses of the bank for the year 1915............................... 5,836 86 Dividends paid to depositors for the year 1915............................. 34,239 09 Net earnings for the year 1915 over expenses and interest paid to depositors ........................................................................................... 2,622 58 SUFFOLK CO UN TY 119. RIVERHEAD SAVINGS BANK, RIVERHEAD [ M a i n s t r e e t ; i n c o r p o r a t e d 1872] C H A S . M . B L Y D E N B U R G H , P r e s id e n t . G E O R G E M . V A I L , V i c e -P r e s i d e n t . U S H E R B . H O W E L L . S e creta ry . O T I S G . P I K E , A s s is t a n t S e c re ta ry . TRUSTEES TIM OTH Y M. G R IF F IN G ." OTIS G. PIKE. GEORGE W . COOPER, C. M . B L Y D E N B U R G H , G E O R G E M . V A IL , U SH ER B. H OW ELL. JOSEPH M. BELFORD, T H A D . N. B E N J A M IN , 'H E N R Y H . P R E S T O N , 7 E R A S T U S F. POST, — N A T . S. T U T H I L L . - G E O R G E H . P E R K IN S , F. PO R TE R H O W E LL , JACO B M E Y E R , FRANK H. W ELLS, O. E D M U N D G R IS W O L D , E L B E R T M . D A V IS , A B R A M S. PO ST . W IL L IS D. V A N B R U N T , G IL B E R T D. R O G E R S. FINANCIAL RESO U RCES Bonds and mortgages................................................................................ $4,355,246 12 Stock and bond investments, viz.: Par v a lu e S to c k s and bo n d s C it i e s in o t h e r S t a t e s .................. $290,000 00 C it i e s in t h i s S t a t e .............................. 582,500 00 C o u n t ie s in t h is iS t a t e ................ 22,000 00 T o w n s in t h is S t a t e ......................... 152,000 00 V i l l a g e s in t h is S t a t e ..................... 223,274 80 S c h o o l d i s t r i c t s in t h is S t a t e 331,858 00 R a ilr o a d m o r t g a g e b o n d s ____ 200,000 00 $1,801,832 80 O r ig in a l cost E stim a te d m a r k e t v a lu e $307,347 607,469 22,141 159,030 227,988 351,779 220,512 $283,700 588,324 22,259 156,519 224,608 340,697 176,900 70 41 20 55 98 25 50 $1,896,269 59 00 20 60 00 52 88 00 $1,793,009 20 ■ =— ====== ■ Banking house and lot, book value, $25,000; cost $50,043.29; actual cash value................................................................................... Other real estate, book value, $96,336.11; cost, $96,336.11; actual cash value.................................................................................. Cash on deposit in banksor trust companies................................. Cash on hand................................................................................................ Total of collectible interest................................................................... 1,793,009 20 25,000 00 96,336 675,786 35,682 86,877 11 33 28 65 $7,067,937 69 L IA B IL IT IE S Amount due depositors, viz.: P r in c ip a l ............................................................................................................. $5,858,170 46 D iv id e n d s c r e d ite d o r t o be c r e d ite d f o r t h e s ix m o n t h s e n d in g w i t h D e c e m b e r 31, 1915............................. 118,810 18 ------------------ $ 5 ,976,9S0 64 Surplus on market value......................................................................... 1,090,957 05 $7,067,937 69 Surplus on par value, $1,099,580.65. CASH TRANSACTIONS DURING THE YEAR 1915 R E C E IP T S Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividends credited...................... From interest on loans, deposits andinvestments........................... From rents from banking house.......................................................... From rents from other real estate........................................................ [276] $610,331 873,909 346,170 2,990 2,098 62 36 34 00 22 S u ff o l k C o un ty From From From From 2 77 mortgages ....................................................................................... redemption of stocks and bonds............................................... real estate sold............................................................ ................. all other sources, v iz.: P. 0 . boxes sold............................... $218,582 74,375 29,075 5 14 71 00 00 $2,157,537 39 PAYM ENTS To depositors, including dividends paid to them......................... For loans on bonds and mortgages..................................................... For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $ 1 0 3 ,5 0 0 ) ............................. For interest (other than dividend payments to depositors) For current expenses of the bank, viz.: F o r s a la r ie s .................................................................................................... For ta x e s: B a n k i n g h o u s e , $1,070.48 ; s u r p lu s , $10,050.29 ; o n m o r t g a g e s , $471.50........................................................ F o r e x p e n s e s , e x c e p t t a x e s , o f b a n k in g h o u s e : R e p a ir s ....................................................................................................... O t h e r ............................................................................................................. F o r exp en ses o f o th e r rea l e sta te , v i z . : R e p a ir s ....................................................................................................... I n s u r a n c e .......................................................................................... T a x e s ............................................................................................................. O t h e r ............................................................................................................. F o r o t h e r e x p e n s e s , n o t in c lu d in g e x p e n s e s o f o t h e r r e a l e s t a t e n o r o t h e r e x p e n s e s o f b a n k in g h o u s e . . . $972,164 29 299,540 49 107,848 50 1,478 97 $13,792 97 11,592 27 1,230 51 2 ,233 74 814 254 2,175 569 45 03 26 04 2,881 11 35,543 38 For real estate acquired by foreclosure, or in settlement of debts due the bank................................................................................ Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 29,493 15 711,468 61 $2,157,537 39 STATISTICAL INFORMATION Number of open accounts January 1, 1916.................................... Number of accounts opened or reopened during the year. . . . Number of accounts closed during the year........... ................. Amount deposited during the year, not including dividends credited for that period....................................................................... Amount withdrawn during the year................................................... Amount of dividends credited and paid for the year, viz.: J u ly 1, 1915.......................................................... '............................................. J a n u a r y 1. 1916................................................................................................ $873,909 36 972,164 29 $117,011 68 118,810 18 Average amount of each account January 1, 1916...................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................ Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915........... .................... Dividends paid to depositors for the year 1915........................... Net earnings for the year 1915 over expenses and dividends paid to depositors ................................................................................ 9,141 901 722 235.821 86 653 86 4 & 4i/2 4 & 4% $351,170 22 35,543 38 235.821 86 79,804 98 R eport on S avings B anks 278 120. SAG HARBOR SAVINGS BANK, SAG HARBOR [M a in stre e t; H E R V E Y T . H E D G E S , P r e s id e n t . W M . R . R E I M A N . V ic e -P r e s id e n t . C L I F F O R D J . F O S T E R , V i c e -P r e s i d e m . in c o r p o r a t e d 1860] E V E R E T T L . T I N D A L L , T reasu rer. J O H N Y . C O R W IN , A s s t. T reasu rer. TRUSTEES JOH N H. H UNT, H E R V E Y T. H ED GES. O L IV E R H . N IC K E R S O N , H EN R Y F. COOK, W I L L I A M C. G R E E N E , E V E R E T T L. T IN D A L L . W IL L IA M R. R E IM A N N , O L IN M . E D W A R D S , JO H N Y . C O R W IN , CASPER SCH AEFER, JOH N M . W O O D W AR D , B U R T O N D . C O R W IN . E D . B. H IL L , F R A N K W . C O R W IN , A D D IS O N M . C O O K . E D W A R D A . H IL D R E T H , W IL L IA M D. H A L S E Y . E D G A R A. H IL D R E T H , JOH N NUGENT, CHARLES W. RACKETT, C H A S . W . R A C K E T T . J r ., HENRY SCH W ENK, J. H . M U L F O R D , N E L S O N C. O S B O R N E . JO N ATH AN B AK ER . W IL L IA M H . P IE R S O N , B EN J. F. R O G ER S, C L IF F O R D J. F O S T E R . W M . H. BARNES. FINANCIAL R ESO U RCES Bonds and mortgages.............................................................................. $1 ,344 ,04 0 00 Stock and bond investments, viz.: Par v a lu e Stocks and bonds C it ie s in o t h e r S t a t e s .................. C it ie s in t h is S t a t e ....................... C o u n t ie s in t h is S t a t e ................ T o w n s in t h i s S t a t e .................... V i l l a g e s in t h is S t a t e ................ S c h o o l d is t r i c t s in t h is S t a t e R a ilr o a d m o r t g a g e b o n d s . . . . $151,000 66,000 35,000 24,000 47,200 104,100 190,000 O r ig in a l cost 00 00 00 00 00 00 00 $617,300 00 $160,661 68,390 35,987 25,368 47,483 111,720 195,562 E stim a te d m a r k e t v a lu e 30 21 00 00 50 31 50 $645,172 82 $146,705 60,890 34,650 22,800 46,768 110,908 167,850 00 00 00 00 00 00 00 $590,571 00 590,571 00 Banking house and lot, book value, $35,000; cost, $47,515.56; actual cash value.................................................................................. Other real estate, book value, $53,915.57; cost, $53,915.57; actual cash value.................................................................................. Cash on deposit in banks or trust companies................................. Cash on hand............................................................................................... Total of collectible interest................................................................... Amount of all other assets, viz.: I n s u r a n c e p r e m iu m s a n d t a x e s a d v a n c e d ............................. N e w Y o r k S t a t e b a r g e c a n a l j u d g m e n t s ............................. 35,000 00 53,915 190,491 21,568 32,553 57 06 36 49 $575 06 5,983 66 ------------------ 6,558 72 $2,274,698 20 L IA B IL IT IE S Amount due depositors, viz.: P r in c ip a l ............................................................................................................. $2,029,715 87 D iv id e n d s c r e d ite d o r t o be c r e d ite d f o r t h e s ix m o n t h s e n d in g w it h D e c e m b e r 31, 1915............................... 38,931 05 ------------------ $2,068,646 92 Surplus on market value......................................................................... 206,051 28 $2,274,698 20 Surplus on par value, $232,780.28. CASH TRANSACTIONS DURING THE YEA R 1915 R E C E IP T S Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividends credited..................... From interest on loans, deposits andinvestments........................ From rents from banking house......................................................... From rents from other real estate..................................................... $157,250 343,526 107,796 925 425 93 10 26 00 00 279 S u ffo lk C o u n ty From mortgages ......................................................................................... From redemption of stocks and bonds............................................... From all other sources, v iz.: Insurance premiums and taxes advanced refunded .............................................................................. $87,565 00 5,700 00 2,433 53 $705,621 82 PAYM ENTS To depositors, including dividends paid to them........................... For loans on bonds and mortgages........................................................ For interest (other than dividend payments to depositors) . . . For current expenses of the bank, viz.: F o r s a la r ie s ...................................................................................................... F o r t a x e s : B a n k in g h o u s e , $559.04 ; s u r p lu s , $1,849.28 ; o n m o r t g a g e s , $144.50 ....................................................................... F o r e x p e n s e s , e x c e p t t a x e s , o f b a n k in g h o u s e : R e p a ir s ......................................................................................................... I n s u r a n c e .................................................................................................. O th e r ............................................................................................................. F o r exp en ses o f o th e r rea l e sta te , v i z . : R e p a ir s ......................................................................................................... I n s u r a n c e .................................................................................................. T a x e s ............................................................................................................. F o r o t h e r e x p e n s e s , n o t i n c lu d in g e x p e n s e s o f o t h e r r e a l e s t a t e n o r o t h e r e x p e n s e s o f b a n k in g h o u s e . . . $408,882 14 33,750 00 163 57 $4,800 00 2,552 82 8 35 120 93 216 00 783 47 82 60 489 80 1,366 30 10,420 27 For real estate acquired by foreclosure, or in settlement of debts due the bank................................................................................ Other payments, v iz.: I n s u r a n c e p r e m iu m s a n d t a x e s a d v a n c e d ............................. C h e c k c h a r g e d o f f ....................................................................................... N e w Y o r k S t a t e b a r g e c a n a l j u d g m e n t s p u r c h a s e d .. 32,093 81 $2,268 45 50 5,983 66 8,252 61 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 212,059 42 $705,621 82 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... Number of accounts opened or reopened during the year........... Number of accounts closed during the year...................................... Amount deposited during the year, not including dividends credited for that period..................................................................... Amount withdrawn during the year................................................... Amount of dividends credited and paid for the year, viz.: J u ly 1, 1915...................................................................................................... J a n u a r y 1, 1916................................................................................................ 4,221 356 326 $343,526 10 4 0 8 ,8S2 14 $38,976 22 38,931 05 77,907 27 Rate per cent, of dividends to depositors during the six months ending June 30, 1915........................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 4 4 $108,565 93 10,420 27 77,907 27 20,238 39 280 R eport on S ayings B anks 121. THE SOUTH OLD S A V IN G S B A N K , SOUTHOLD [M ain stre e t; incorporated 1858] HENRY W. PRINCE, President. FR ED ERICH H. TE RR Y , Asst. Treas. CLARENCE C. M ILES, Vice-President. RENSSELAER G. TE RR Y , A sst. Treas. H. H OW ARD HUNTTING. Treasurer. TRUSTEES F R ED ER IC H H. TE RR Y, HENRY W. PRINCE, H. HOW ARD HUNTTING, ABRAHAM F. LOW ERRE W IL L IA M H. TERRY, JOSEPH N. HALLOCK, CHAS. GILDERSLEEVE, W ILLIA M A. FLEET, FR AN K LIN F. OVERTON, GEORGE H. TE RR Y, JOHN J. B A R TL E T T, FINANCIAL CLARENCE C. M ILES, JOHN H. BROWN, EDW ARD W. LATHAM , JOSIAH C. CASE, R A LP H G. DUVALL, GEORGE V. PRESTON. RESOURCES Bonds and mortgages ............................................................................ $ 3 ,279 ,53 0 00 Stock and bond investments, viz.: Par value $36,000 191,000 300,014 813,011 301,272 75,000 S to c k s and bon d s Cities in other States.............. Cities in this State................. Towns in this S tate............... Villages in this State............ School districts in this State R ailroad m ortgage bonds___ 00 00 16 58 00 00 $1,716,297 74 Original Estimated market value cost $37,974 40 $36,880 00 205,594 00 193,315 00 319,063 40 296,357 44 844,294 25 813,896 36 304,321 99 317,727 60 76,812 50 73,000 00 $1,801,466 15 $1,717,770 79 1,717,770 79 Banking house and lot, book value, $14,500; cost, $22,184.16; actual cash value..................................................................................... Other real estate, book value, $80,895.41; cost $91,135.89; actual cash value ....................................................................... .......... Cash on deposit in banks or trust companies................................. Cash on hand .............................................................................................. Total of collectible interest................................................................... Amount of all other assets, viz.: Insurance premiums and taxes advanced ....................................................................................... 14,500 00 81,888 428,826 33,691 62,152 01 51 73 09 741 63 $5,619,100 76 L IA B IL IT IE S --------------- Amount due depositors, viz.: Principal .................................................................................. $4,732,890 63 Dividends credited or to be credited for the six m onths ending with December 31, 1915...................... 96,208 55 ------------------ $4,829,099 18 Surplus on market value....................................................................... 790,001 58 Surplus on par value, $788,528.53. $5,619,100 76 ------------- ----------- CASH TRANSACTIONS DURING THE YEAR 1915 R E CEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... $460,654 47 From depositors, not including dividends credited........................ 601,937 68 From interest on loans, deposits and investments..................... 266,524 12 From rents from banking house.......................................................... 104 00 From rents from other real estate........................................................ 3,052 40 From mortgages ......................................................................................... 168,750 00 From redemption of stock and bonds............................................... 76,228 05 From stocks and bonds sold (total par value,$2 0,00 0)............. 20,013 15 From real estate sold.................................................................................. 5,700 00 From all other sources, viz.: Insurance premiums and taxes advanced, refunded .................................................................................... 406 82 $1,603 ,37 0 69 S u ffo lk C o un ty 281 PAYM ENTS To depositors, including dividends .paid to them........................... For loans on bonds and mortgages................................................... For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $197,686.58)............................. For interest (other than dividend payments to depositors).. For current expenses of the bank, viz.: For salaries .......................................................................... For taxes : Banking house, $205.44 ; surplus, $7,431.65 ; on mortgages, $880........................................................... For expenses, except taxes, o f banking h o u s e : Re pairs ..................................................................................... For expenses o f other real estate, v i z .: Repairs ............................................................................... Insurance ......................................................................... Taxes .................................................................................. F or other expenses, not including expenses o f other real estate nor other expenses o f banking h o u se ... $688,504 73 194,650 00 203,326 33 1,768 77 $10,269 00 8,517 09 190 38 1,869 44 351 80 1,516 13 3,819 45 26,533 29 For real estate acquired by foreclosure, or in settlement of debts due the bank.................... ......................................................... Other payments, viz.: Insurance premiums and taxes ad vanced ........................................................................................................ Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. 24,920 88 1,148 45 462,518 24 $1 ,603 ,37 0 69 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... Number of accounts opened or reopened during the year........... Number of accounts closed during the year................................... Amount deposited during the year, not including dividends credited for that period..................................................................... Amount withdrawn during the year.................... ............................ Amount of dividends credited and paid for the year, viz.: July 1, 1915.............................................................................. January 1 ,1916 ........................................................................ $601,937 68 688,504 73 $94,533 15 96,208 55 Average amount of each account January 1, 1916........................ Rate per cent, of dividends to depositors during the six months ending June 30, 1915........... ................................................ Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................. Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................... Total expenses of the bank for the year 1915............................... Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors ................................................................................ 6,393 585 358 190,741 70 755 37 4&4% 4& 4y2 $266,237 63 26,533 29 190,741 70 48,962 64 282 R eport on S avings B anks 122. T H E U N IO N S A V I N G S B A N K OF P A T C H O G U E , P A T C H O G U E [Ocean avenue; incorporated 1896] JOSEPH BAILEY. President. W A L T E R S. ROSE, Secretary. EMERSON G. TE RRELL, Vice-Pres. E. JOHANKNECHT, J k ., Asst. Secy. W ILLIA M A. HULSE, Vice-President. TRUSTEES W ALTER H. JAYCOX, JOSEPH BAILEY, EMERSON G. TERRELL, ARTH U R H. TERRY, n e l s o n M cB r i d e , MILTON G. W IGGINS. ALDEN J. W OODRUFF. GELSTON g . r o e , GEORGE B. HOW ELL, W ILLIA M A. HULSE, JOSIAH ROBBINS. W IN F IE L D S. BENNETT, JOHN T. DARE, RALPH H. DAYTON, E. EUGENE HAW KINS, E. JOHANKNECHT, J r ., FRANCIS GERBER, JACOB OCKERS. JULIUS HAUSER. ROBT. S. PE LLE TRE A U , A RTH U R M. SW EEZEY, JOSEPH T. LOSEE, R IL E Y P. HOW ELL, W A LTE R S. ROSE. FIN AN CIAL RESOURCES Bonds and mortgages................................................................................ $1,877,859 00 Stock and bond investments, viz.: Par value $30,000 102,000 137,500 25,000 16,900 226,050 160.750 107,000 S to c k s and b o n d s State o f New Y ork................. Cities in other States.............. Cities in this State................. Counties in this S tate............ Towns in this State............... Villages in this State............ School districts in this State Railroad mortgage bonds___ 00 00 00 00 00 00 00 00 $805,200 00 Original Estimated market value cost $33,600 00 $32,175 00 107,175 83 103,570 00 142,246 76 140,202 50 26,687 50 26,500 00 17,715 03 17, 660 50 233,304 80 228,112 00 163,460 03 163,972 25 115,022 92 109,650 00 $837,793 87 $823,267 25 823,267 25 Banking house and lot, book value, $40,500; cost, $42,607.01; actual cash value.................................................................................. Other real estate, book value, $10,670.44; cost, $10,670.44; actual cash value.................................................................................. Cash on deposit in banks or trust companies................................. Cash on hand............................................................................................... Total of collectible interest..................................................................... Amount of all other assets, viz.: New York State barge canal judgm ents...................... Insurance premiums and taxes advanced...................... 40,500 00 10,670 217,680 43,163 27,123 44 19 97 61 $4,991 58 490 79 5,482 37 $3,045,746 83 L IA B IL IT IE S Amount due depositors, viz : Principal .................................................................................. $2,753,249 89 Dividends credited or to be credited fo r the six months ending with December 31, 1915...................... 52,338 24 ------------------ $2 ,805,588 13 Surplus on market value......................................................................... 240,158 70 $3,045,746 83 Surplus on par value, $222,091.45. CASH TRANSACTIONS DURING THE YEA R 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividends credited...................... From interest on loans, deposits and investments...................... From mortgages ......................................................................................... From redemption of stocks and bonds............................................... From real estate sold................................................................................ $279,149 662,623 150,265 79,050 47,650 17,293 29 25 47 00 00 14 S u ffo lk C o un ty 283 From all other sources, viz.: Insurance premiums advanced refunded....................... E rror in previous dividend................................................ $50 00 2 00 ------------------ $52 00 $1 ,236,083 15 PAYM ENTS To depositors, including dividends paid to them........................... For loans on bonds and mortgages................................................... For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $59,25 0)............................................ For interest (other than dividend payments to depositors) . . . For current expenses of the bank, viz.: For salaries ............................................................................. For ta x es: Banking house, $442.69; surplus, $1,988.49. For expenses, except taxes, o f banking h o u se : Repairs .............................................................................. Insurance ......................................................................... For expenses o f other real estate, v i z .: Insurance ........................................................................ Taxes .................................................................................. Other .................................................................................. F or other expenses, not including expenses o f other real estate nor other expenses o f banking h o u se... $661,063 98 217,450 00 60,449 20 723 77 $7,179 68 2,431 18 24 10 117 00 115 57 477 80 14 00 2,439 14 -------------------------------------- 12,798 47 For real estate acquired by foreclosure, or in settlement of debts due the bank................................................................................ 17,270 66 Other payments, viz.: Insurance premiums and taxes advanced...................... E rror in previous dividend................................................... New York State barge canal judgments purchased.. $490 79 54 4,99158 -------------------------------------- 5,482 91 Cash on hand and in banks or trust companies December 31, 1915, aftertransactions of the day................................................... 260,844 16 $1 ,236,083 15 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... Number of accounts opened or reopened during the year........... Number of accounts closed during the year.................................... Amount deposited during the year, not including dividends credited for that period....................................................................... Amount withdrawn during the year................................................... Amount of dividends credited and paid for the year, viz.: July 1, 1915.............................................................................. January 1, 1916........................................................................ $662,623 25 661,063 98 $50,894 92 52,338 24 -----------------Average amount of each account January 1, 1916........................ Rate per cent, of dividends to depositors during the six months ending June 30, 1915........................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915.................................................................. Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 6,188 862 645 103,233 16 453 39 4 4 $147,483 34 12,798 47 103,233 16 31,451 71 T O M P K IN S C O U N T Y 123. IT H A C A S A V IN G S B A N K , IT H A C A [118 North T ioga stre e t; incorporated 1868] ROGER B. W ILLIAM S. President. G. LOUIS COOK, Treasurer. EMMONS L. W ILLIA M S, Vice-Pres. EDW ARD H. BOSTW ICK, Secretary. TRUSTEES CH ARLES H. BLOOD, E DW ARD H. BOSTW ICK, F. C. CORNELL, R. B. W ILLIAM S, J r ., a . m c k in n e y , JARED T. NEWMAN, GEORGE E. PR IEST. D AVID B. STEW ART, HENRY A. St . JOHN. ja m e s R OBERT H. TREMAN, MYNDERSE VAN CLEEF, ROGER B. W ILLIAM S, EMMONS L. W ILLIA M S, FINANCIAL RESOURCES Bonds and mortgages.............................................................................. $1,259,172 72 Stock and bond investments, viz.: S to c k s and b on d s United States ......................... State o f New Y ork................... State o f Louisiana................... State o f M assachusetts.......... State o f M ississippi................. State o f New M exico............... State o f W yom ing.................. Cities in other States............. Cities in this State................. Counties in this S ta te............ Towns in this S tate............... Villages in this State ............ School districts in this State R ailroad mortgage bonds___ Par value $157,080 00 55,000 00 50,000 00 76,000 00 30,000 00 30, OOO 00 6,000 00 401,000 00 492,000 00 67,000 00 109,458 55 447,988 40 337,550 00 297,000 00 $2,556,076 95 Original Estimated market value cost $202,332 78 $172,690 80 56,100 00 60,225 00 49,547 50 51,500 00 82,946 10 69,930 00 30,085 50 27,000 00 31,617 50 29,100 00 7,539 60 6,540 00 421,838 10 396,670 00 483,425 00 507,708 38 70,142 40 69,310 00 108,310 10 111,111 05 456,579 50 442,023 46 333,686 00 345,755 49 332,192 70 251,900 00 $2,709,621 60 $2,498,185 36 2,4 9 8 ,1 8 5 36 Banking house and lot, book value, $45,000; cost, $87,134.74; actual cash value..................................................................................... Cash on deposit in banks or trust companies................................. Cash on hand ........................................................................................... Total of collectible interest................................................................... Amount of all other assets, viz.: Land contract and interest accrued on sam e............. Rents accrued ........................................................................ New York State barge canal judgm ents........................ 60,000 270,124 65,437 55,466 00 09 20 71 $211 00 886 66 4,901 58 ------------------ 5,999 24 $4,214,385 32 L IA B IL IT IE S Amount due depositors, viz.: Principal .................................................................................. $3,812,771 42 Dividends credited or to be credited fo r the six months ending with December 31, 1915........................ 64,008 73 ------------------ $3,876,780 15 Other liabilities, v iz.: Expenses incurred, but unpaid surplus tax accrued .............................................................................................. 1,300 00 Surplus on market value...................................................................... 336,305 17 $4,214,385 32 Surplus on par value, $394,196.76. T o m p k in s C o u n ty 285 CASH TRANSACTIONS DURING THE YEAR 1915 R E CEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividends credited...................... From interest on loans, deposits and investments......................... From rents from banking house........................................................ From m ortgages......................................................................................... From redemption of stocks and bonds............................................... From stocks and bonds sold (total par value, $2 5,000)........... From all other sources, viz.: Suspense account ................................................................. Land contract ...................................................................... $361,688 1,352,350 178,834 4,483 84,970 94,863 25,000 26 97 04 88 00 11 00 $73 15 50 00 -------------------------------------- 12315 $2,102,313 41 PAYM ENTS To depositors, including dividends paid to them........................... $1,496 ,91 0 25 For loans on bonds and mortgages................................................... 234,810 00 For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $ 8 ,0 0 0 )........................................ 8,000 00 For interest (other than dividend payments to depositors) .. 140 58 For current expenses of the bank, viz.: For salaries .......................................................................... F or t a x e s : > Banking house, $1,492.71; surplus, $2,567.03 ; on mortgages, $652.50.......................................... F or expenses, except taxes, o f banking h o u se : Repairs ............................................................................... Insurance ......................................................................... Other .................................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking h ou se.. $12,464 00 4,712 24 452 76 84 00 1,436 06 2,840 65 21,989 71 Other payments, viz.: New York State barge canal judgments purchased................................................................................................. Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. 4,901 58 335,561 29 $2,102,313 41 STATISTICAL INFORMATION 11,328 Number of open accounts January 1, 1916...................................... 1,803 Number of accounts opened or reopened during the year......... Number of accounts closed during the year...................................... 1,720 Amount deposited during the year, not including dividends credited for that period....................................................................... $1 ,352 ,35 0 97 Amount withdrawn during the year................................................... 1,496,9 10 25 Amount of dividends credited and paid for the year, viz.: July 1, 1915............................................................................ .Tanuary 1. 1916........................................................................ Credited at other periods.................................................. $63,907 21 64,008 73 1,023 52 Average amount of each account January 1, 1916........................ Rate per cent, of dividends to depositors during the six months ending June 30, 1915.......................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................. Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915................................. Interest paid to depositors for the year 1915............................... Net earnings for the year 1915 over expenses and interest paid to depositors.................................................................................. 128,939 46 342 23 3V2 3 y2 $179,215 80 22,289 71 128,939 46 27,986 63 ULSTER COUNTY 124. E L L E N V IL L E S A V IN G S B A N K , E L L E N V IL L E [Canal street; incorporated 1869] D W IG H T DIVIN E, President. HENRY F. HOORNBEEK, Treasurer. W ILLIA M H. DEYO, Vice-President. JOHN A . TICE, Secretary. J. W. DONALDSON, Vice-President. TRUSTEES D W IG H T DIVINE, GEO. H. DUTCHER, W ILLIA M H. DEYO, JAMES B. SMITH, ISAAC N. COX, HENRY F. HOORNBEEK, W EBSTER W ILKINSON, G ILB E RT DU BOIS. U. E. TE RW IL LIG E R , R. DW IG H T CLARK, W ILLIA M C. ROSE, C. D. DIVINE, R. A. MONROE, GEORGE B. HOLMES, P H IL L IP S. PATTERSON CORNELIUS H. SHEELY, W ILLIA M A. HOAR, G A R R E T LE ROY, B E R T H. T E R W IL LIG E R . FIN AN CIAL RESOURCES Bonds and mortgages............................................... Stock and bond investments, v iz.: S to c k s and bon ds State o f Id ah o.............................. State o f Louisiana................... Cities in other States................. Cities in this State.................... Counties in this S tate............ Towns in this State............... Villages in this State............ School districts in this State Railroad mortgage bonds___ Par value $25,00000 10,000 00 200,50000 296,35000 118,000 00 171,700 00 409,541 58 123,500 00 203,000 00 $1,557,591 58 Banking actual Cash on Cash on Total of Amount $424,915 50 Original Estimated market value cost $25,250 00 $25,757 50 9,958 00 10,200 00 208,609 27 201,495 00 312,989 22 296,148 75 121,188 40 118,640 00 172,834 50 175,469 38 409,781 99 416,573 89 127,072 75 124,920 00 189,580 00 212,803 25 $1,610,421 66 $1,548,850 24 ..................... ■■- -...........- - ............. house and lot, book value, $20,000; cost, $27,620.05; cash value.................................................................................. deposit in banks or trust companies............................... hand............................................................................................... collectible interest..................................................................... of all other assets, viz.: Land contract........................ 1 ,5 48,8 50 24 20,000 130,153 5,451 36,034 200 00 18 91 12 00 $2 ,165,604 95 L IA B IL IT IE S Amount due depositors, viz.: Principal .................................................................................. $1,995,144 61 Dividends credited or to be credited fo r the six months ending with December 31, 1915— ................. 36,528 69 ------------------ $2,031,673 30 Surplus on market value......................................................................... 133,931 65 $2 ,165,604 95 Surplus on par value, $142,672.99. CASH TRANSACTIONS DURING THE YEA R 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividends credited........................ From interest on loans, deposits and investments........................ [286] $ 1 54 ,85S 17 406,554 18 92,723 35 U lster C o u n ty From From From From 2 87 rents frombankinghouse .... ......................................................... m ortgages......................................................................................... redemption ofstocksand bonds................................................. all other sources, viz.: Shortage In cash located..................................................... Insurance premiums advanced refunded........................ $1,573 00 18,425 00 71,741 66 $10 00 145 00 -------------------------------------- 15500 $746,030 36 PAYMENTS To depositors, including dividends paid to them.................... .. . . For loans on bonds and mortgages..................................................... For stocks and bonds purchased, including premiums, commis sions, etc. (Total par value, $102,300)........................................ For interest (other than dividend payments to depositors) . . . . For current expenses of the bank, viz.: For salaries ............................................................................. F or taxes : Banking house. $820.65 ; surplus, $1,045.55 ; on mortgages, $101.50....................................................... For expenses, except taxes, o f banking house : Repairs .............................................................................. Insurance ......................................................................... Other .................................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking h o u se ... $477,027 26 20,300 00 103,654 87 943 70 $3,300 00 1,967 70 76 82 119 69 96 45 2,041 66 7,602 32 Other payments, viz.: Insurance premiums advanced.......................................... Cash short .............................................................................. $846 12 51 00 897 12 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day................................................. 135,605 09 $746,030 36 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... Number of accounts opened or reopened during the year......... Number of accounts closed during the year................................... Amount deposited during the year, not including dividends credited for that period....................................................................... Amount withdrawn during the year................................................... Amount of dividends credited and paid for the year, viz.: July 1, 1915................................................................................ January 1, 1916...................................................................... $406,554 18 477,027 26 $36,201 50 36,528 69 Average amount of each account January 1, 1916........................ Rate per cent, of dividends to depositors during the six months ending June 30, 1915......................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................ Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors................................................................................ 6,019 500 477 72,730 337 54 3& 4 3 &4 $92,840 46 7,602 32 72,730 19 12,507 95 288 R eport on S avings B anks 1 2 5 . K IN G S T O N S A V I N G S B A N K , K IN G S T O N [273 W all s tr e e t; incorporated 1874] MYRON TELLE R . President. GEORGE BURGEVIN, Vice-President. JOHN E. KRAFT, Vice-President. CHARLES TAPPEN , Treasurer. TRUSTEES JAM ES A. BETTS, GEORGE BURGEVIN, ZADOC P. BOICE, SAM BERNSTEIN. E V E R E T T FOW LER, JOHN E. K R A FT, D. N. M ATHEW S. JOHN J. CAM PBELL, ABRAM D. ROSE. CHARLES TA PPE N , MYRON TE LLE R , V. B. VAN WAGONEN, LEVAN S. WINNE, FIN AN CIAL RESOURCES Bonds and mortgages................................................................................ $2,370,233 80 Stock and bond investments, viz.: Par value $25,000 45,200 25,000 703,589 26,000 266,153 482,029 70,677 S to c k s and b on d s State Of New Y ork................... State o f C olorado.................... Cities in other States.............. Cities in this State................. Counties in this S tate............ Towns in this State............... Villages in this State............ School districts in this State 00 00 00 08 00 00 64 50 Original Estimated cost market value $25,843 75 $25,500 00 45,200 00 39,776 00 25,837 50 26,250 00 693,545 62 690,054 08 25,975 00 25,830 00 274,781 12 268,742 00 486,365 11 481,278 39 71,608 61 70,402 50 $1,643,649 22 $1,649,156 71 $1,627,832 97 - ■ ------------------- -■ 1 ,6 2 7 ,8 3 2 97 Banking house and lot, book value, $25,000; cost, $29,034.17; actual cash value..................................................................................... Other real estate, book value, $4,500; cost, $9,503.02; actual cash value ............................................................................................... Cash on depositin banksor trust companies................................... Cash 25,000 00 4,500 00 298,156 44 on hand................................................................................................... 8 ,9 9 0 67 Total of collectibleinterest..................................................................... Amount of all other assets, viz.: 63,836 57 Land contracts ...................................................................... Taxes advanced ..................................................................... $1,200 00 280 02 -------------------------------------- 1,480 02 $ 4 ,400 ,03 0 47 L IA B IL IT IE S Amount due depositors, viz.: P rincipal .................................................................................. $4,043,279 87 Dividends credited or to be credited fo r the six m onths ending with December 31, 1915........................ 77,670 12 ------------------ $4 ,120,949 99 Surplus on market value......................................................................... 279,080 48 $ 4 ,400 ,03 0 47 Surplus on par value, $294,896.73. CASH TRANSACTIONS DURING THE YEA R 1915 R E CEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividends credited......................... From interest on loans, deposits and investments........................ From rents from other real estate..................................................... From mortgages ....................................................................................... From redemption of stocks and bonds............................................... From loans paid......................................................................................... From all other sources, viz.: Insurance premiums and taxes advanced refunded ................................................................................ $314,325 717,542 188,049 281 107,315 148,152 10,000 15 58 70 40 00 34 00 4,361 17 $1 ,490,027 34 U lster C o u n t y 2 89 PAYM ENTS $859,069 88 170,950 00 To depositors, including dividends paid to them.......................... For loans on bonds and mortgages............................................... For loans on stocks and bonds and other securities.................... For stocks and bonds purchased, including premiums, commis sions, etc. (Total par value, $124,400) ........................................ For interest (other than dividend payments to depositors) . . . . For current expenses of the bank, viz.: For salaries ........................................................... F or ta x e s: Banking house, $817.27 ; surplus, $2,441.30. F or expenses, except taxes, o f banking h o u se : Repairs ............................................................................. Insurance .......................................................................... For expenses o f other real estate, v i z .: Repairs .............................................................................. Insurance .......................................................................... Taxes .................................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking h ou se... 10,000 00 125,392 00 282 10 $6,000 00 3,25857 102 70 62 50 112 04 136 77 168 39 2,681 32 12,522 29 Other payments, viz: Insurance premiums and taxes advanced................... Cash short ........................................................................... Interest credited ................................................................. $4,641 19 19 81 2 96 4,663 96 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 307,147 11 $1,490,027 34 S T A T IS T IC A L IN F O R M A T IO N Number of open accounts January 1, 1916...................... ............... Number of accounts opened or reopened during the year........... Number of accounts closed during the year.................................... Amount deposited during the year, not including dividends credited for that period....................................................................... Amount withdrawn during the year................................................... 6,4 99 757 798 $717,542 58 859,069 88 Amount of dividends credited and paid for the year, v iz .: Julv 1, 1915.............................................................................. $77,086 34 January 1, 1916........................................................................ 77,670 12 Average amount of each account January 1, 1916......................... Number of accounts which exceeded $3,000, exclusive of divi dends credited, at the last trial balance of depositors’ ledgers, except deposits arising from society accounts, or judicial sales, or trust funds, or by order of a court of record or of a surrogate..................................................................................... Total amount of such accounts............................................................ Rate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................................ Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915.. ......................... Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 10 154,756 46 634 08 3 $15,073 84 4 4 $189,215 19 12,522 29 154,759 42 21,933 48 R eport on S avings B anks 290 126. NEW P A L T Z S A V IN G S B A N K , N E W PALTZ [Incorporated 1871] C. L. VAN ORDEN, President. ABRAM B. DUBOIS, Secretary. TRUSTEES JESSE ELTINGE. D A N IE L BLACK, JOHN J. HULL, A. W. W ILLIAM S, THOMAS SNYDER, PRAN K J. LEFEVRE, ABRAM P. LEFEVRE, C. I. LEFEVRE, P H IL IP DEYO, LU TH ER HASBROUCK, C. L. VAN ORDEN. JOSIAH P. LEFEVRE, SIMON DUBOIS, HOW ARD H. GRIMM, EUGENE VAN W'AGENEN, J. E. HASBROUCK, J b ., FINANCIAL RESOURCES Bonds and mortgages........................ Stock and bond investments, v iz.: S to ck s and bon d s State o f Idaho ........................ State o f A rizona...................... Cities in other States............ Cities in this State................. Counties in this S tate............ Towns in this S tate............... Villages in this State............ School districts in this State Railroad mortgage bonds___ Par value $25,000 10,000 10,000 265,502 109,000 147,137 214,800 75,250 29,000 $973,581 13 00 00 00 00 00 85 00 00 00 $885,689 85 Original Estimated cost market value $24,660 00 $24,250 00 10,206 50 10,400 00 9,570 00 9,800 00 269,928 96 268,322 79 110,335 20 110,560 00 149,216 20 146,256 62 216,927 89 215,398 20 76,011 25 76,090 00 28,147 00 20,180 00 $895,003 00 $881,257 61 881,257 61 Banking actual Cash on Cash on Total of house and lot, book value, $10,000; cost, $10,097; cash value ................................................................................ deposit in banks or trust companies................................. hand................................................................................................ collectible 10,000 101,328 10,438 29,086 interest.................................................................... Amount of all other assets, viz.: Rent of part of banking build ing ............................................................................................................... 00 92 86 22 32 00 $2,005 ,72 4 74 L IA B IL IT IE S Amount due depositors, viz.: Principal .................................................................................. $1,858,294 10 Dividends credited or to be credited fo r the six months ending with December 31, 1915...................... 36,162 23 ------------------ $1,894,456 33 Surplus on market value......................................................................... 111,268 41 $2 ,005,724 74 Surplus on par value, $115,700.65. CASH TRANSACTIONS DURING THE YEAR 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividendscredited...................... From interest on loans, deposits andinvestments........................ From rents from banking house................................... From m ortgages........................................................................................ From redemption of stocks and bonds............................................. From all other sources, viz.: Rent o f safe deposit boxes............................................... Insurance premium returned .......................................... received from m ortgage assigned................................... $127,094 229,843 88,107 224 31,050 77,759 94 45 87 00 00 00 $91 50 15 39 25 00 $554,211 15 U lster C o u n ty 291 PAYM ENTS To depositors, including dividends paid to them. ......................... For loans on bonds and mortgages..................................................... For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $54,000).................................... For interest (other than dividend payments to depositors) . . . For current expenses of the bank, viz.: F or salaries ........................................................................... For ta x es: Banking house, $207.42; surplus,$956.57... F or expenses, except taxes, o f banking h ou se: Repairs .............................................................................. Insurance .......................................................................... Other .................................................................................. For expenses o f other real estate, v i z .: Taxes .................................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking h o u se.. $308,012 28 72,950 00 54,257 02 430 18 $3,714 50 1,16399 110 45 48 60 216 02 6 30 83945 6,099 31 Other payments, viz.: E rror in payment to depositor.......................................... Insurance premium advanced.......................................... Special expense installing new heating plant.............. $10 00 10 59 673 99 694 58 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 111,767 78 $554,211 15 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... Number of accounts opened or reopened during the year........... Number of accounts closed during the year.................................... Amount deposited during the year, not including dividends credited for that period....................................................................... Amount withdrawn during the year................................................... Amount of dividends credited and paid for the year, viz.: J u ly 1, 1915................................................................................................ J an u ary 1, 1916...................................................................................... $229,843 45 308,012 28 $36,288 56 36,162 23 Average amount of each account January 1, 1916...................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915..................................... ...................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................. Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915........................... Dividends paid to depositors for the year 1915........................... Net earnings for the year 1915 over expenses and dividends paid to depositors ................................................................................ 3,152 284 310 72.450 79 601 03 4 4 $87,839 32 6,099 31 72.450 79 9,289 22 292 R eport on S avings B anks 127. R O N D O U T S A V IN G S B A N K , K IN G S T O N [20 Ferry stre e t; incorporated 1868] J. E. DERREXBACH ER, President. F. M. G R IF FIT H S , Vice-President. T. C. COYKENDALL, Vice-President. L. L. OSTERHOUDT. Secretary. T. C. COYKENDALL, JOHN S. THOMPSON, W ESLEY D. HALE, F. H. G R IFFITH S, TRUSTEES F R E D ’ K STEPHAN, J r ., A L EX A N D E R A. STERN, J. D. SCHOONMAKER, EDW ARD COYKENDALL, J. E. DERREN BACH ER. JAM ES G. ROSE, H A R R Y H. FLEM ING, NICHOLAS STOCK, L. L. OSTERHOUDT, FINANCIAL RESOURCES Bonds and mortgages........... .................................................................... Stock and bond investments, viz.: Par value State o f New Y ork................... $20,000 Cities in this S tate................. 1,073,056 Counties in this S tate............ 338,500 Towns in this State............... 84,800 Villages in this State.............. 55,129 School districts in this State 25,000 S to ck s and b on d s 00 04 00 00 67 00 $1,596,485 71 $2,228,212 00 Original Estimated cost market value $21,725 00 $22,400 00 1,108,362 68 1,059,335 04 380,697 30 338,230 00 87,822 30 83,474 00 57,985 86 55,072 77 25,000 00 25,113 00 $1,681,593 14 $1,583,624 81 ------------------ ------- ---------- ■ Other real estate, book value, $18,418.64; cost, $19,635.96; actual cash value.................................................................................. Cashon deposit inbanksor trust companies...................................... Cash on hand............................................................................................. Total of collectibleinterest.................................................................... Amount of all other assets, viz.: R ent accrued ........................................................................................ Land contract ........................................................................ 1,583,6 24 81 18,495 293,302 26,484 59,616 00 37 72 88 $223 00 155 50 -------------------------------------- 37850 $4 ,210 ,11 4 28 L IA B IL IT IE S A m ount, due depositors, viz.: Principal ..................................................................................$3,836,865 35 Dividends credited or to be credited fo r the six m onths ending with December 31, 1915.........- ........... 73,689 03 ------------------ $3 ,910 ,55 4 38 Surplus on market value......................................................................... 299,559 90 $4 ,210 ,11 4 28 Surplus on par value, $312,420.80. CASH TRANSACTIONS DURING THE YEA R 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividends credited......................... From interest on loans, deposits and investments......................... From rents from other real estate........................................................ From mortgages ......................................................................................... From redemption of stocks and bonds............................................... From real estate sold.............................................................................. From all other sources, viz.: Land contract ........................................................................ Recording repaid ................................................................. Insurance repaid ................................................................. M ortgage repaid ..................................................................... *24 50 " zs $409,704 778,540 178,410 951 205,895 50,883 1,620 69 87 06 50 00 98 00 U lster C o u n ty 293 Expenses repaid Repairs............... $9 82 5 00 --------- $372 37 $1,626,378 47 PAYMENTS To depositors, including dividends paid to them........................ For loans on bonds and mortgages..................................................... For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $154,612.08)...................................... For interest (other than dividend payments to depositors) . . . . For current expenses of the bank, viz.: F or salaries ............................................................................. For ta x e s: Surplus, $2,771.44 ; on mortgages, $200___ For rent o f banking room s................................................. F or expenses o f other real estate, v i z .: Repairs .............................................................................. Insurance .......................................................................... Taxes .................................................................................. For other expenses, not including expenses of other real estate nor other expenses o f banking house................................................................................ $868,470 68 163,800 00 156,247 81 1,181 07 $6,399 98 2,97144 1,200 00 309 60 7 50 336 99 3,303 31 14,528 82 For real estate acquired by foreclosure, or in settlement of debts due the bank................................................................................ Other payments, viz.: Loan repaid .......................................................................... Recording advanced ..................................................... Insurance premium advanced............................................ Repairs advanced on land con tra ct................................. $100,000 13 293 55 2,000 00 00 22 89 89 100,363 00 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the d a y . . ............................................ 319,787 09 $1 ,626,378 47 STATISTICAL INFORMATION Number of open accounts January 1, 1916................................. 7 ,0 6 8 Number of accounts opened or reopened during the year........... Number of accounts closed during the year...................................... Amount deposited during the year, not including dividends credited for that period....................................................................... Amount withdrawn during the year................................................... Amount of dividends credited and paid for the year, viz.: 973 938 July 1. 1915 ............................................................................. January 1, 1916 ...................................................................... $72,579 66 73,689 03 Average amount of each account January 1, 1916........................ Rate per cent, of dividends to depositors during the six months ending June 30, 1915........................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. $778,540 87 S6S,470 68 146,268 69 553 27 4 4 $177,003 40 14,528 82 146,268 69 16,205 89 R eport on S avings B anks 294 128. SAUGERTIES SAVINGS BANK, SAUGERTIES [244 Main street; incorporated 1871] A LBERT CARNRIGHT, President. LOUIS J. BUTZEL, Vice-President. JAM ES T. M AXW ELL, Vice-President. J. A. FR ELE IG H , Secretary. TRUSTEES J. H. VAN GELDER, JOHN Wr. SHULTS. A L B E R T CARNRIGHT, THEO. B. CORNWALL, LOUIS J. BUTZEL, JAMES T. M AXW ELL, MYRON BEDELL, ED. M. 'WILBUR, CHARLES LUSK, CHARLES H. LAMB, ORV ILLE M. CARN, BYRON L. DAVIS, JOHN SEAMON, J. C. SUDERLEY. M ARTIN CANTINE. FINANCIAL RESOURCES Bonds and mortgages Stock and bond investments, viz.: $470,879 50 Par value $10,000 00 29,500 00 425,240 00 128.000 00 171,868 17 405,097 12 259,329 20 78,000 00 S to c k s and b on d s State o f New Y ork ................... Cities in other S tates............ Cities in this S tate............... Counties in this State............ Towns in this State............... Villages in this State............ School districts in this State Railroad mortgage bonds___ $1,507,034 49 Original Estimated market value cost $10,100 00 $10,000 00 30,300 00 31,238 60 432,020 86 395,519 20 132,329 82 128,910 00 175,968 23 174,707 92 411,256 97 407,142 31 263,916 92 261,527 12 88,446 80 77,550 00 $1,543,917 89 $1,487,016 86 1,487,016 86 200 00 Loans upon pledge of securities............................................................ Banking house and lot, book value, $3,000; cost, $10,000; actual cash value.................................................................................. Other real estate, book value, $32,509.55; cost, $35,009.55; actual cash value.................................................................................. 32,509 55 Cash on deposit in banks or trust companies................................... 212,126 90 Cash on hand................................................................................................ Total of collectible interest................................................................... Amount of all other assets, viz.: 13,772 37 34,579 24 Insurance premiums and tax accou n t......................... Land contracts ...................................................................... Rents due and accrued : Bank building ................................................................. Other real estate............................................................ 3,000 00 $370 77 2,150 00 110 00 531 76 ------------------ 3,162 53 $2,257,246 95 L IA B IL IT IE S Amount due depositors, viz.: Principal .................................................................................. $2,027,500 88 Dividends credited or to be credited fo r the six months ending with December 31, 1915...................... 39,150 74 ------------------ $2,066,657 62 Surplus on market value......................................................................... 190,589 33 $2,257,246 95 Surplus on par value, $210,606.96. CASH TRANSACTIONS DURING THE YEAR 1915 RECEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividendscredited....................... From interest on loans, deposits andinvestments.......................... From rents from banking house.......................................................... From rents from other real estate..................................................... From mortgages ......................................................................................... From redemption of stocks and bonds............................................... $249,296 339,649 93,966 243 1,408 10,547 116,684 74 39 50 00 34 00 30 U lster C o u n ty 295 From all other sources, viz.: On land con tra ct.................................................................... Back rent collected on property sold............................. $50 00 136 00 ------------------ $186 00 $811,981 27 PAYM ENTS To depositors, including dividends paid to them........................... For loans on bonds and mortgages....................................................... For loans on stocks and bonds and other securities.................... For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $122,092.34)...................................... For interest (other than dividend payments to depositors) . . . . For current expenses of the bank, viz.: For salaries ........................................................................... For ta x e s : Banking house, $228.04 ; surplus, $1,644.20; on mortgages, $76............................................................ F or expenses, except taxes, o f banking h o u se : Repairs ............................................................................. Insurance .......................................................................... O t h e r .................................................................................. For expenses o f other real estate, v i z .: Repairs .............................................................................. Insurance ............................................... 1......................... T a x e s .................................................................................. O t h e r .................................................................................. F or other expenses, not including expenses o f other real estate nor other expenses o f banking h ou se... $432,315 17 20,325 00 200 00 124,517 45 1,738 47 $2,400 00 1,948 24 73 66 38 50 13 00 239 70 491 233 68 24 90 12 1,466 70 Other payments, viz.: Insurance and taxes advanced Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 6,975 04 10 87 225,899 27 $811,981 27 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... Number of accounts opened or reopened during the year........... Number of accounts closed during the year.................................... Amount deposited during the year, not including dividends credited for that period....................................................................... Amount withdrawn during the year................................................... Amount of dividends credited and paid for the year, viz.: July 1, 1915.............................................................................. January 1, 1916........................................................................ $339,649 39 432,315 17 $38,596 42 39,150 74 Average amount of each account January 1, 1916...................... Rate per cent, of dividends to depositors during the six months ending June 30, 1915............................................................................ Rate per cent, of dividends to depositors during the six months ending December 31, 1915................................................................ Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1915................................. Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors.................................................................................. 3,996 358 358 77,747 16 517 18 4 4 $92,107 49 6,975 04 77,747 16 7,385 29 296 R eport on S avings B anks 129. U L S T E R C O U N T Y S A V IN G S IN S T IT U T IO N , K IN G S T O N [280 W all stre e t; incorporated 1851] E. H. LOUGHRAN, President. JOHN B. A L LIG E R , Treasurer. G. W. W ASHBURN, Vice-President. J. M. SCH AEFFER. Secretary. H. R. BRIGHAM , Vice-President. TRUSTEES JOHN B. ALLIGER, H ARRY R. BRIGHAM , HOWARD CHIPP. P H IL IP ELTING, GEORGE HUTTON, E. H. LOUGHRAN, jo h n l . m cg r a th , G. D. B. HASBROUCK, CHARLES S. WOOD. GEO. W. W ASHBURN, J. M. SCHAEFFER, A. W. THOMPSON, OGDEN F. W INNE, FINANCIAL RESOURCES Bonds and mortgages ............................................................................. $2,789,251 00 Stock and bond investments, viz.: S to c k s and b o n d s State of U tah............................ Cities in other States............ Cities in this S tate............... Counties in this S tate............ Towns in this State............... Villages in this S tate............ School districts in this State Railroad m ortgage bon ds___ Par value $25,000 45,000 1,003,479 151,500 284,977 380,195 124,070 150,000 00 00 04 00 00 00 00 00 $2,164,221 04 Original Estimated cost market value $26,500 00 $25,000 00 46,166 90 44,900 00 1,018,921 93 985,980 59 153,690 00 159,673 68 289,183 79 281,637 00 376,516 00 385,524 84 123,164 20 122,971 62 127,500 00 144,562 50 $2,193,505 26 $2,118,387 79 2,1 18,3 87 79 Banking house and lot, book value, $45,000; cost, $75,000; actual cash value .................................................................................. Other real estate, book value, $9,340; cost, $18,714.45; actual cash value ................................................................................................ Cash on deposit in banks or trust companies............................... Cash on hand ............................................................................................. Total of collectible interest................................................................... Amount of all other assets, v iz.: Land contracts ..................................................................... Insurance advanced ............................................................ Taxes advanced ................................................................... Rents accrued ............................... 45,000 00 9,340 334,309 47,303 68,168 00 12 36 19 $21,140 00 54173 2,136 67 900 (X) 24,718 40 $5,436,477 86 L IA B IL IT IE S Amount due depositors, viz.: Principal .................................................................................. $5,102,357 42 Dividends credited or to be credited for the six months ending with December 31, 1915...................... 98,187 32 ------------------ $5 ,200 ,54 4 74 Surplus on market value......................................................................... 235,933 12 $5,436,477 86 Surplus on par value, $281,766.37. CASH TRANSACTIONS DURING THE YEAR 1915 R E CEIPTS Cash on hand and in banks or trust companies January 1, 1915, before transactions of the day............................................... From depositors, not including dividendscredited...................... From interest on loans, deposits andinvestments....................... From rents from banking house......................................................... From rents from other real estate.................................................... F^om m ortgages......................................................................................... $26.1,875 938,965 230,973 2,183 441 157,741 53 70 70 70 00 00 U lster C o u n ty 297 From redemption of stocks and bonds............................................. From real estate sold................................................................................ From all other sources, viz.: Land contracts ...................................................................... Insurance advanced .............................................................. Taxes advanced ....... $160,962 02 200 00 $50 00 904 78 874 47 -------------------------------------- 1,829 25 $1,755,171 90 PAYM ENTS To depositors, including dividends paid to them........................ $1,083,656 74 For loans on bonds and mortgages................................................... 101,025 00 For stocks and bonds purchased, including premiums, com missions, etc. (total par value, $170,047.62)............................. 168,430 47 For current expenses of the bank, viz.: P or salaries ........................................................................... For taxes : Banking house, $1,545.89; surplus, $1,917.43. F or expenses’, except taxes, o f banking h o u se : Repairs ........................................... Insurance ......................................................................... For expenses o f other real estate, v i z .: Repairs .............................................................................. Insurance .......................................................................... Taxes .................................................................................. For other expenses, not including expenses of other real estate nor other expenses o f banking house.. $8,400 00 3,463 32 266 57 323 09 688 70 162 37 384 17 3,756 22 -----------------For real estate acquired by foreclosure, or in settlement of debts due the bank................................................................................ Other payments, viz.: Insurance advanced ............................................................ Taxes advanced ..................................................................... Charged to profit and loss................................................. 17,444 44 1,340 00 $877 11 593 50 192 16 1,662 77 Cash on hand and in banks or trust companies December 31, 1915, after transactions of the day............................................... 381,612 48 $1,755,171 90 STATISTICAL INFORMATION Number of open accounts January 1, 1916...................................... Number of accounts opened or reopened during the year......... Number of accounts closed during the year...................................... Amount deposited during the year, not including dividends credited for that period....................................................................... Amount withdrawn during the year................................................. Amount of dividends credited and paid for the year, viz.: July 1, 1915................................................................................ January 1, 1916........................................................................ $938,965 70 1,083 656 74 $96,653 89 98,187 32 Average amount of each account January 1, 1916. Rate per cent, of dividends to depositors during the six months ending June 30, 1915...................... ..................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1915............................................... Total earnings of the bank for the year 1915, after allowing for amortization of premiums and discounts............................... Total expenses of the bank for the year 1915................•................ Dividends paid to depositors for the year 1915............................. Net earnings for the year 1915 over expenses and dividends paid to depositors .............................................................................. 9,322 1,104 1,155 194.841 21 557 87 4 4 $231,616 85 17,444 44 194.841 21 19,331 20 WESTCHESTER COUNTY 130. T H E B A N K F O R S A V I N G S OF O S S IN IN G , O S S IN IN G [Main stre e t; incorporated 1854] C. T. YOUNG, President. DUDLEY B. HOLBROOK, Treasurer. GEORGE HYATT, Vice-President. SETH G. ELLEGOOD, Secretary. W ILBUR F. FOSHAY, Vice-President. C. TOWNSEND Y O U N G , THEODORE H. CALAM, SETH G. ELLEGOOD, W ILBUR F. FOSHAY. TRUSTEES W ARREN A. MINER, GEORGE HYATT, DUDLEY B. HOLBROOK, JACOB CHADEAYNE, LEONARD A. BALLARD. G. S. H IL L IK E R , LOUIS F. W ASHBURNE, EDW IN L. TODD, JOHN P. HOBBIE, FIN AN CIAL RESO U RCES Bonds and mortgages.................................................................................. $2,500,452 00 Stock and bond investments, viz.: Stocks and bonds Cities in other States............ Cities in this State................... Counties in this State............ Towns in this S tate............... Villages in this State............ School districts in this State Railroad mortgage bonds___ Par value $105,000 186,000 26,742 43,000 242,392 105,650 385,000 Original Estimated cost market value $113,090 75 $107,450 00 187,442 35 179,140 00 25,405 00 28,500 20 45,729 76 43,910 00 247,294 99 243,889 00 110,466 39 106,878 00 381,489 17 325,600 00 00 00 00 00 00 00 00 $1,093,78-4 00 $1,114,013 61 $1,032,272 00 1,032,272 00 Banking actual Cash on Cash on Total of house and lot, book value, $68,500; cost, $79,653.63; cash value.................................................................................. deposit in banks or trust companies.................-............... hand............................................................................................... collectible interest..................................................................... 68,500 226,417 9,394 65,192 00 97 66 51 $3,902,229 14 L IA B IL IT IE S Amount due depositors, viz.: Principal ................................................................................ $3,469,377 33 Dividends credited or to be credited fo r the six months ending with December 31, 1915....................... 65,960 24 ------------------ $3 ,535,337 57 Surplus on market value.................................................................
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