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Wo. 6 le g is la tiv e Document STATE OF NEW YO R K ANNUAL REPORT OF THE Superintendent of Banks R E L A T IV E T O Savings Banks, Trust Companies, Investm ent Companies, Safe Deposit Companies, Personal Loan Companies and Personal Loan Brokers For the Year Ending December 31, 1918 ALBANY J. B. LYON COM PANY, PRINTERS STATE OF NEW YO RK B a n k in g D e p a r tm e n t To the Legislature: S ir s .— In accordance with the provisions c f the Banking Law, I have the honor to transmit the annual report o f this Department relating to savings banks, trust companies, investment companies, safe deposit companies, personal loan companies and personal loan brokers. V ery respectfully yours, G E O R G E I. S K IN N E R , Superintendent o f Banks. A l b a n y , N . Y ., March 14, 1919. REPORT Wo the Legislature: In accordance with the provisions o f the Banking Law, I submit that portion o f the annual report o f this Department which relates to savings banks, trust companies, investment com panies, safe deposit companies, personal loan companies and personal loan brokers. A t the beginning o f the year when the part o f m y report relating to banks, private bankers and the general work o f this Department was transmitted, the only recent reports o f the banking institutions o f this State available were the reports o f State banks, trust companies and private bankers as o f N ovem ber 1, 1918 and, it appeared from such reports that from Novem ber 1 4 ,1 9 1 7 , to November 1,1918 , the resources o f the State banks had increased from $932,437,232 to $1,020,241,730 or $87,804,498; that the resources o f such private bankers as are under supervision had increased from $15,505,206 to $19,670,503, or $4,165,297 and that the total resources o f the trust companies o f the State had increased from $3,164,170,014 to $3,221,371,809, or $57,201,79‘5, m aking a total gain fo r the three classes o f banking institutions o f $149,171,590. The reports submitted by all other classes o f institutions subject to the supervision o f this Department as o f the close o f business on December 31, 1918, are now at hand and it is interesting to note the very general increase in the reported resources o f these institutions notwithstanding the adverse con ditions which have resulted from the entry o f this country into the war and the extraordinary strain placed upon the banking resources o f the country as the result o f the efforts made to finance the N ational Government. From these latter reports, it appears that from January 1, 1918, to January 1, 1919, the total resources o f the savings banks increased from $2,165,939,081 to $2,231,461,928 or $65,522,847; that the resources o f the investment companies increased from $55,079,104 to $95,400,400, or $40,321,296; that the resources o f the safe deposit companies increased from $9,855,546 to 6 A nnual R eport of th e $10,406,332 or $550,786; that there was a decrease in the resources o f the personal loan companies and personal loan brokers from $1,022,331 to $1,001,873, or $20,458; that the reported resources o f the savings and loan associations increased from $86,072,829 to $89,017,871 or $2,945,042; that there was a decrease in the resources o f the Land Bank o f the State o f N ew Y ork from $757,932 to $667,662 or $90,270, and that there was an increase in the resources o f Credit U nions from $465,367 to $568,034 or $102,667. A ccording to their last reports, therefore, the total resources o f all the institutions directly subject to the supervision o f this Department amounted to $6,691,915,053, a net increase fo r the year 1918 o f $258,417,900. A ccording to reports from the Com ptroller o f the Currency, the resources o f the N ational Banks o f the State o f N ew Y ork increased from November 20, 1917, to Novem ber 1, 1918, from $4,955,967,000 to $5,079,146,000, or $123,179,000. A ccording to the Com ptroller’s report as o f Decem ber 2, 1918, the resources o f the N ational Banks o f the U nited States on Novem ber 1, 1918, had reached the unprecedented amount o f $19,821,404,000, the highest point since the establishment o f the N ational banking system. The above figures indicate that, according to their last reports, the resources o f the institutions incorporated under the Banking Law o f this State exceeded by $1,600,000,000 the resources o f all the N ational Banks o f the State and were more than one-third as much as the resources o f all the N ational Banks in the U nited States. These figures demonstrate the extent to which the banking system o f this State has been adapted to the needs o f its people, its business and commerce and the confidence that it has inspired. They are all the more noteworthy when we consider the various measures passed, recently pending or proposed at W ashington for the avowed purpose o f enabling N ational banks to compete with State banking institutions and the discrim ination that in certain quarters is being exercised against State banking institutions. Advantage has been taken o f the Federal adm inistration o f rail roads to order their deposits with State institutions whose sol- SuFEBIHTENDENT OF BAN K S i veney could not be questioned, removed to N ational Banks. This was done in one case, although the president o f the railroad was a director o f the institution from which its deposit was removed and in another case although the railroad was heavily indebted to the State institution fo r advances made to it. I do not believe that the N ational banking system needs so much paternalism and avowed protection. In fact, it m ay be questioned i f the N ational Banks do not really suffer from so many alleged and w idely advertised attempts to prom ote their interests. In this State, at least, the N ational Banks are able to pro tect themselves and are worthy o f the utmost confidence and respect. N ational and State institutions have constantly and consistently co-operated to prom ote the general w elfare and during the W ar have united in giving patriotic support to the N ational Government by financing the various Liberty loans. They have whenever neces sary, taken concerted action fo r the purpose o f prom oting and sustaining the business and commerce o f the State and o f the entire country. W hen left to themselves, there is no quarrel between them. The N ational Banking A ct was designed to give to the U nited States a uniform system o f com m ercial banks adapted to the needs o f every part o f the country. In order to distinguish them from State institutions and give them the advantage o f such reputation as they m ight earn, they were given the exclusive right to the use o f the word “ N ational.” They were also given the power to issue currency secured by bonds o f the N ational Government upon profitable terms, and the State Banks, by pro hibitive taxation, were compelled to forego the privilege o f issuing currency. So well have the N ational Banks fulfilled the purposes fo r which they were designed that the name N ational Bank is in itself an advertisement. It has become a title o f honor, descrip tive throughout the U nited States o f uniform and well-defined banking institutions and the N ational Banks m ight to-day well resent the theory that they need such constant solicitude and assistance from official sources. In the meantime, however, in various sections o f the country, State institutions have been developed to meet the special busi ness and com m ercial needs o f different localities. Their special 8 AamuAi. R epost of the powers, however, are attended by special risks and safeguards against such risks have, as the result o f experience, teen em bodied in th e State laws which cannot fee readily inserted in Federal A ets applicable to the entire country. A s the N ational Banks were intended to be strictly com m ercial banks, they were prohibited from making long term loans upon real estate security and they did not solicit th e small deposits o f industrious laborers and wage-earners o f other classes o r pay interest thereon. A s a con seq u en t, m utual savings hanks have been developed in the north eastern and m iddle states to encourage th rift by investing the small savings o f th e poor fo r them and returning to them the profits derived from such investments after deducting expenses and so much o f the earnings as is deemed necessary to guarantee the safety o f deposits during periods o f depression. In order that their deposits m ight be safely used fo r the development o f the com m unities in which the funds were accumulated, the trustees o f these mutual institutions were origin ally authorized to invest in high grade mortgages. They w ere also authorized to invest in bonds o f the U nited States, o f the wealthiest and most populous states and in very high grade m unicipal securities. The system was developed to such an extent that further investments became necessary and the savings hanks were authorized to assist in the development o f the entire country by investing a portion o f their deposits in the high grade railroad bonds. The laws under which these mutual savings banks have operated are so restrictive and the system o f supervision evolved has been so efficient that, although the mutual savings banks o f the State o f N ew Y ork alone now have total resources o f $2,231,461,928, in a period o f nearly forty years, only three savings hanks have been closed by the Superintendent o f Banks with any loss to depositors and such losses whoa com pared with the vast amount o f deposits received and returned during that period are o f course almost infinitesim al. I t would fee im possible to estimate their im portance in devel oping the real estate resources o f the State. Their present outstanding mortgages aggregate $1,104,068,865. M utual building and loan associations, or savings and loan associations, as they are now termed in this State, have been S uperintendent of B anks 9 developed lo r the same general purpose and have been especially designed to prom ote the building o l homes fo r their members and to care fo r the sav in p o f an even less prosperous class o f wageearners than those which have so liberally patronized the savings banks. P ractically all the funds accumulated by them are invested in real estate mortgages. In the wealthier and more populous states, especially in thosi. in which it became necessary to organize large corporations to promote manufacture, to engage in great commercial enterprises and to meet other industrial needs, the advantages o f corporate trusteeship became evident. The power to act in a fiduciary capacity was conferred upon corporations organized under the laws o f different states, such com panies generally becom ing known as trust companies, and, as their strength and stability was demonstrated, they were in many S ta te authorized to receive general deposits and to engage in com m ercial banking. In this State, in the last forty years, only fou r such institutions have been closed by the superintendent o f banks w ith any loss what ever to general creditors and even the fou r failed institutions repaid trust deposits in fu ll. The development o f State financial institutions to meet special needs not provided fo r by the N ational Bank A ct or the Federal Reserve A ct still continues and w ithin the last few years the investment com pany article o f our Banking Law has been so amended as to provide fo r the organization o f an entirely new type o f institution intended to promote international commerce and to m aintain the position o f this country in connection with foreign trade that has been rendered possible by the European W ar. These institutions w ill place at the disposal o f our merchants and manufacturers the same facilities which have been extended to English and German merchants and m anufacturers by the D iscount Companies and International Banks o f those countries. The stock o f the oldest o f these corporations is, I believe, held entirely by N ational Banks and the great increase in the resources o f the investment companies o f the State is very largely due to the organization and rapidly increasing business o f such, corporations. 10 xVnnual R epoet op the It is not surprising, in view o f the extension o f Federal con trol over various classes o f business and industry as a result o f the necessities o f the war, that the attention o f the advocates o f centralization and Federal dom ination should be attracted by the prosperity and success o f State banking institutions. In their desire to bring under Federal control all classes o f banking insti tutions, they seem, in the first instance, to have conceived the idea o f conferring all the m ultifarious powers o f the different classes o f State institutions in all the States upon N ational Banka and to create a Federal system o f department banks into which all banking institutions would be ultim ately driven. Such a bank would rather closely resemble one o f our great department stores. A patron could go to one department fo r the transaction o f com m ercial business; to another department to make his invest ments in bonds; to another department fo r trust business. H e could deposit money not needed fo r immediate use in a savings depart ment ; another department would provide him with loans upon real estate mortgages and, in tim e, there m ight even be added a department corresponding to the M orris Plan Companies or Personal Loan Companies o f this State to which the needy borrower m ight resort to escape from the exactions o f the loan sharks and transact the business now done by such companies. This trend has met with so much opposition and it is so im pos sible to create a uniform type o f banking institution which would at one and the same tim e be adapted to all the financial and com m ercial needs o f all the different states that the scheme seems to be tem porarily abandoned. A b ill, however, was pending before the last Congress which, under the guise o f enabling the Treasury Department to supervise the export o f savings, w ould have enabled the Treasury Department to supervise the business o f any indi vidual or corporation seeking to transm it money abroad in sums o f less than one hundred dollars. Such a b ill would make possible endless federal interference with the business o f corporations and individuals transm itting money to foreign countries at a tim e when in order to prom ote foreign trade and commerce and to m aintain and strengthen frien d ly international relations, the transmission o f money to foreign countries ought to be made as easy as practicable. S uperintendent of B anks 11 The proposed N ational excursions into fields which have here tofore been left entirely to State banking institutions have, more* over, not been abandoned but m odified. A ccording to some recent recommendations emanating from W ashington, w hile the plan fo r uniform nation-wide department banks has been tem porarily abandoned, State institutions are not to be left to exercise their special powers without com petition. Encroachments upon their special powers are to be authorized and legalized even i f it is necessary to destroy the uniform ity now existing in the N ational banking system. I f these later theories be enacted into law, whenever a State has conferred upon any o f its financial institutions the power to act in a fiduciary capacity, the N ational banks o f that State w ill also have these powers, even i f their exercise is not safeguarded in like manner. If. in any State the State banks are per m itted to have branches, the N ational Banks w ill in that State also be perm itted to maintain branches. I f in any State there has been created a great system o f mutual savings banks, in that State the N ational Banks, although not mutual but operated fo r the profit o f shareholders, w ill be authorized to call their interest departments savings departments, and so appropriate the word which has fo r a generation or more been synonymous in this State with mutual institutions created under State laws. These deposits moreover w ill not be segregated nor w ill the entire net income from investments be distributed among the depositors. The result o f continued encroachments upon the special powers o f State banking institutions would, in m y judgm ent, be more detrimental to the N ational Banks and the N ational banking system than to the State institutions fo r the reputation o f the State insti tutions, in their own peculiar provinces is so w ell established and the confidence o f the people in them is so great that they do not need protection from com petition, while the N ational Banks would lose their greatest advertisement, which is derived from their title and distinctive character and results from the understanding that the system is uniform and that the title means practically the same thing throughout the U nited States. Instead o f having a uniform system o f N ational Banks consisting o f strictly com m ercial banking institutions and needing no other definition than the name, we would have heterogeneous 12 A nn ual R eport op t h e varieties o f hybrid institutions o f as m any kinds perhaps as there are State; or possibly o f as many types as there are classes ol, State banking institutions in all the States. There w ould be a certain uniform ity o f banking institutions w ithin State boundaries but an entire lack o f uniform ity throughout th e nation. The - N ational Banks o f the State o f N ew Ym k would certainly differ as w idely from the N ational Banks o f the State o f Nevada o r the State o f Oklahoma as the State banking institutions o f N ew Y ork differ from the State tan kin g institu tions organized under the laws o f those States. T ru st C o m p a n ie s The trust companies are the first institutions o f this State to I© affected by the determ ination upon the part o f the Federal authorities to confer the distinctive powers and privileges o# State institutions upon national banks and to subject State insti tutions to as m uck com petition as possible in th eir special spheres. The success o f the trust com panies has been so great as to induce many national banks to undertake the exercise o f trust powers, together with such few burdens as the Federal Reserve A ct has im posed upon them, and over fifty N ational Banks o f the State have already been authorized by the Federal Reserve Board to exercise such powers. There does not appear, however, to be any dim inution in th e prosperity o f the trust com panies and since the threat o f com petition along their own special lin es has been ren dered effective, the largest N ational Bank in the State outside o f N ew Y ork city has been converted into a trust com pany and the oldest N ational Bank in the State has been consolidated w ith a trust company. I t has taken years fo r the trust com panies o f the Stateto acquire the reputation they have achieved and to create the confidence in corporate trusteeship o f which they are now enjoying the results T heir unrivalled record in the care o f trust fu n ds is not the con sequence o f such m inor safeguards as have been inserted in the Federal Reserve Aet, but o f the provision in the Banking Law under which they are com pelled to invest their entire capital stoek in especially high grade securities and o f the fu rth er p ro vision o f that statute that trust fu n ds on deposit with a trust com pany must be preferred in case o f liquidation. S uperintendent op 13 B anks R esources a n d L ia b il it ie s of T rust C o m p a n ie s as R eported The follow ing table contains a summary statement o f the resources and liabilities o f the trust companies reporting to the Banking Department on the dates specified during the year 1918: Rebotocbs Stock and brad investments viz.: Public securities......................................... ftwate securities........................................ Real estate owned.......................................... Mortgages owned.......................................... loans and discounts secured by bond and martgage, 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........................................................... Other currency authorized by the laws of the United States............................................. Gash items, viz.; Bills and eheoks for the next day’s clearings; other cash items.................. Due from the Federal Reserve Bank of New York, less offsets........................................ Customers’ liability on acceptances (per eontra, see lkbilitkfi)............................................ Other assets................................................. Add for cents................................................. Statement of condition Mar. 14,1918 Statement of condition June 20,1918 Statement of condition Sept. 10,1918 Statement of condition Nov. 1,1918 1488,785,222 366,829,467 48,273,660 95,204,667 $371,916,792 349,365,702 49,906,448 95,970,711 13,460,801 874,233,852 13,098,615 826,489,706 13,823,336 11,809,848 •847,217,133 1,042,921,704 542,463,542 530,320 166,690,367 26,245,565 617,745,286 1,108,111 155,991,700 18,908,765 578,585,003 467,920 141,600,583 15,794,369 521,322,959 476,467 155,108,006 13,874,275 22,252,494 27,478,997 29,578,034 28,233,821 41,162,661 50,754,243 74,639,077 77,510,741 208,011,078 213,501,065 192,440,817 192,033,330 115,989,104 93,871,216 52 118,055,047 134,855,222 45 110,686,511 139,121,128 47 129,024,536 156,836,330 51 $500,397,668 338,065,692 49,987,001 94,259,570 $413,221,939 335,721,543 49,899,150 93,377,100 Total...................................................... $3,084,003,468 $3,045,236,458 $3,126,664,799 $3,221,371,809 LIABILITIES Capital.......................................................... $115,475,200 $119,925,200 $119,032,M0 $119,932,200 .Surplus (including all undivided profits)........ 182,213,087 182,267,102 185,527,025 188,886,673 Referred deposits, viz.: Due New York State saving banks........ 74,752,220 60,737,737 50,952,810 42,822,563 Due New York Stole savings and loan associations, credit unions and land lank. 974,513 999,796 962,379 961,759 Due as executor, administrator, guardian, receiver, trustee, committee or depositary 88,406,393 91,456,710 89,844,794 86,951,601 Deposits by the State of New York........ 19,757,653 15,502,376 11,518,637 12,607,78$ Deposits by the Superintendent of Banks of State of New York........................... 567,585 757,048 644,223 723,335 Other depositsseeured by a pledge of assets. 105,180,347 142,072,268 91,422,583 •258,722,446 Deposits otherwise preferred.................... 3,514,424 6,026,659 4,408,017 10,020,60S Due depositors, not preferred......................... 1,926,322,469 1,911,699,361 1,947,504,942 1,902,905,685 Amount due trust companies, banks and bankers 256,377,503 210,889,470 229,386,304 203,375,178 Bills payable.................................................. 31,840,950 77,837,043 150,908,682 90,336,679 Rediscounts............ '...................................... 64,354,241 60,102,668 83,148,697 118,211,329 Acceptances of drafts payable at a future date or authorized by commercial letters of credit. 109,059,029 115,595,960 108,014,526 129,001,489 Other liabilities.............................................. 105,207,802 40,367,015 52,398,123 55,912,529 Add for cents................................................. 52 45 47 51 Total...................................................... $3,084,003,468 $3,045,236,458 $3,126,664,790 $3,221,371,809 Total deposits......................................... $2,475,853,107 $2,440,141,425 $2,426,734,875 $2,516,751,340 14 A nnual R epoet of th e It w ill be noticed that there was a slight but continuous- decrease in deposits at the close o f each period until the last, which showed condition at the close o f business on Novem ber 1, 3918, just prior to the signing o f the armistice. It is understood that since the signing o f the arm istice, deposits with trust com panies as w ell as with other financial institutions have m aterially increased. W hile a number o f inform al applications fo r the organization o f trust companies were received during the year, only one new trust com pany was authorized to engage in business, the Italian D iscount and Trust Company, located in N ew Y ork city, which commenced business with a capital o f $500,000 and a surplus o f $250,000. The various changes in capital stock which resulted in an increase from $115,475,200 to $119,932,200 were fu lly set forth in the part o f this report heretofore submitted. The follow in g table gives the names, locations, capital and surplus o f the trust companies o f the State as o f Novem ber 1, 1918, according to their reports to this Departm ent: N ame and L ocation Capital Surplus Adirondack Trust Com pany, The, Saratoga Springs........ $ 100,000 $257,994 400.000 A lbany Trust Com pany, The, A lb a n y.................................. 271,005 150.000 Auburn Trust Com pany, A uburn.......................................... 224,503 881,550 Bankers’ Trust Com pany o f B uffalo, B u ffalo..................... 2 , 000,000 16,283,166 Bankers’ Trust Com pany, New Y ork C ity ......................... 11.250.000 1 .5 00.000 B rooklyn Trust Com pany, B rook lyn .................................... 2 ,5 18 ,2 8 3 500.000 500.000 B uffalo Trust Com pany, B u ffalo............................................ 300.000 Central C ity Trust Com pany, Syracuse............................... 326,605 18,046,696 Central Union Trust Com pany, New Y ork C ity ............... 12.500.000 559.001 600.000 Chemung Canal Trust Com pany, E lm ira............................ 1.250.000 1 ,3 87,993 Citizens’ Com m ercial Trust Com pany, B u ffalo.................. 84,565 100,000 C itizens’ Trust Com pany, E redonia...................................... 74,857 Citizens’ Trust Com pany o f Patchogue, The, Patchogue. 100,000 C itizens’ Trust Com pany o f Schenectady, N . Y ., Schenec 241,710 200,000 tady ....................................................................................... 637,509 500.000 Citizens’ Trust Com pany o f U tica, N . Y ., U tica ............... 379,601 500.000 C ity Trust Com pany, B u ffa lo................................................. Colum bia Trust Com pany, N ew Y ork C ity ........................ 5 .0 0 0 . 000 6 ,8 50 ,4 7 8 129,755 100.000 Colum bus Trust Com pany, N ew burgh................................. 500.000 Com m ercial Trust Com pany, N ew Y ork C ity .................... 123,238 112,241 C orporation Trust Com pany, The, N ew Y ork C ity .......... 500.000 54,563 Cortland Trust Com pany, C ortland...................................... 200.000 113,880 100,000 C ounty Trust Com pany, The, W hite Plains....................... 1 ,558,477 1.500.000 Em pire Trust Com pany, New Y ork C ity ............................ 6 000 000 14,423,971 Equitable Trust Com pany o f N ew Y ork, New Y ork C ity 52.543 100.000 Erie C ounty Trust Com pany, East A urora......................... . . 15 bUPlRINTENDENT OF BANKS N ame and L ocation l Capital • Surplus Farm ers’ Loan and Trust Com pany, The, New Y ork C ity $5,000,000 $12,009,800 500.000 Fidelity Trust Com pany o f Buffalo, The, B u ffalo............. 525.659 1 , 000,000 Fidelity Trust Com pany, New Y ork C ity ........................... 1,283,156 500.000 447,413 Fidelity Trust Com pany, R ochester...................................... 500.000 539,576 First Trust Com pany o f Tonawanda, The, Tonaw anda.. 300.000 First Trust Com pany o f WellsviUe, N . Y ., The, W ellsville 41,677 1 , 000,000 Franklin Trust Com pany, B rooklyn...................................... 1,170,143 500.000 Fulton Trust Com pany, New Y ork C ity ............................. 643,873 Genesee Valley Trust Com pany, R ochester........................ 400.000 554,487 100.000 Glens Falls Trust Com pany, Glens F alls............................. 165,040 Guaranty Trust Com pany o f New Y ork, New Y ork ........ 25,000,000 27,428,936 H am ilton Trust Com pany, B rooklyn.................................... 500.000 1,0^0.657 Herkimer C ounty Trust Com pany, The, Little Falls. . . . 350.000 409.660 Hudson R iver Trust Com pany, H udson.............................. 125.000 93,267 Hudson Trust Com pany, New Y ork C ity ........................... 500.000 608,277 H uguenot Trust Com pany o f New Roehelte, New Rochelle 150.000 91,575 Irving Trust Com pany, New Y ork C ity .............................. 1,500,000 1,142,015 200.000 Ithaca Trust Com pany, Ith a ca .............................................. 220,183 K ings C ounty Trust Com pany, B rooklyn........................... 500.000 2 ,705,266 100.000 26,352 Lackawanna Trust Com pany, Lackaw anna........................ Lawyers’ T itle and Trust Com pany, New Y ork C ity ___ 4.000. 000 5 ,236,230 Lincoln Trust Com pany, New Y ork C ity ........................... 1 000 000 614,328 Livingston C ounty Trust Com pany, Geneseo..................... 100,000 29,619 M adison C ounty Trust and D eposit Com pany, O neida. . 182,200 187,069 1,000,000 M anufacturers’ Trust Com pany, B rooklyn......................... 785,038 M ercantile Trust and D eposit Com pany, New Y ork C ity 716,850 1 , 000,000 M etropolitan Trust Com pany, New Y ork C ity ................. 2 , 000,000 4,383,175 M ontgom ery C ounty Trust Com pany, Am sterdam .......... 200,000 144,004 M ount Vernon Trust Com pany, M ount V ernon............... 200,000 217,759 M utual Trust Com pany o f W estchester C ounty, Port Chester..................................................................................... 300.000 77,858 Nassau County Trust Com pany, M ineola........................... 100.000 142,386 New Rochelle Trust Com pany, New R och elle................... 113,714 200,000 New Y ork Life Insurance and Trust Com pany, New Y ork C ity ........................................................................................... 1 , 000,000 4,406,406 New Y ork Trust Com pany, New Y ork C ity ....................... 3.000. 000 10,769,875 Niagara Falls Trust Com pany, Niagara Falls..................... 100,000 219,680 N orthern New Y ork Trust Com pany, W atertow n............ 400.000 644,787 N orthport Trust Com pany, N orthport................................ 100.000 56,647 Olean Trust Com pany, O lean................................................. 100,000 27,936 Oneida C ounty Trust Com pany, U tica ................................ 250.000 382,914 Ontario C ounty Trust Com pany, Canandaigua................. 100.000 106,358 Orange C ounty Trust Com pany, M iddletow n.................... 100,000 226,917 Oswego C ounty Trust Com pany, F ulton............................. 100,000 62,703 Peoples’ Trust Com pany o f Bingham ton, B ingham ton... 500.000 119,093 Peoples’ Trust Com pany, The, B rooklyn ............................ 1.000. 000 1,306,469 Poughkeepsie Trust Com pany, Poughkeepsie..................... 125.000 206,935 Putnam C ounty Trust Com pany, Brew ster........................ 100.000 27,617 Queens C ounty Trust Com pany, Jam aica........................... 600,000 113,662 Rochester Trust and Safe D eposit Com pany, R och ester. 500.000 837,137 R ockland C ounty Trust Com pany, N ya ck ......................... 68,241 100.000 Rom e Trust Com pany, R om e................................................ 300.000 146^560 St. Lawrence C ounty Trust Com pany, O gdensburg......... 100.000 34,253 Salamanca Trust Com pany, Salamanca............................... 100,000 251,454 Scandinavian Trust Com pany, New Y ork C ity ................. 1 , 000,000 1,879.278 Schenectady Trusl Com pany, Schenectady......................... 300.000 428,429 Security Trust Com pany o f Rochester, R ochester............. 300.000 690.353 . . 16 A n n ual R eport N ame and oe th e Capital L ocation Security Trust Com pany o f T roy, The, T ro y .................. Suffolk C ounty Trust Com pany, T he, R iverhead............. Syracuse Trust Com pany, Syracuse...................................... T itle Guarantee m id Trust Com pany, N ew Y ork C i t y . . . Transatlantic Trust Com pany, N ew Y ork C ity ................. T roy Trust Com pany, The, T r o y .......................................... T rust Com pany o f Fulton C ounty, G loversville................ T rust Com pany o f W yom ing C ounty, W arsaw .................. Trust mad D eposit Com pany o f Onondaga, Syracuse-----U nion T ru st Com pany o f A lbany, N . Y ., The, A lb a n y ... U nion Trust Com pany o f Jamestown, Jam estown............ Union Trust Com pany o f Rochester, R och ester.. : ........... U nited States M ortgage and Trust Com pany, N ew Y ork C ity ........................................................................................... U nited States Trust Com pany o f New Y ork, New Y ork C ity ............................................................................ .............. U tica Trust and D eposit Com pany, U tica........................... W estchester Trust Com pany, Y onkers................................. W orkers Trust Com pany, Johnson C ity ............................... Yonkers T rust Com pany, T he, Y onkers.............................. Surplus $200,000 $154,680 144,044 500.000 775,956 5 .0 0 0 . 000 11,94 7 ,8 8 0 440,122 700.000 58,124 2 00,COO 112,813 200.000 47,886 100,000 680,005 1 000 000 571,964 250.000 303,601 300.000 565,864 1, 000,000 100,000 . . 2,000,000 4 ,6 2 8 ,6 2 5 2 ,000,000 14,556,941 758,941 175,144 4 7,168 43,989 600.000 300.000 100.000 150,000 G r o w t h ©e t h e S a v in g s B a n k s o e t h e S t a t e W ar conditions and the appeal to the provident and th rifty o f all classes to invest their savings either in Liberty bonds or W ar Savings certificates fo r a tim e m ore seriously affected the growth o f the savings hanks than any other class o f financial institutions. They have, however, achieved such an enviable reputation fo r safety and their very name is so intim ately asso ciated w ith all movements fo r the prom otion o f th rift and economy that they w ill undoubtedly be ultim ately greatly benefited by the various campaigns to prom ote th rift and econom y that have been conducted in connection w ith W ar financing. These mutual institutions were devised fo r the purpose o f accum ulating small savings and investing them solely fo r the benefit o f the depositors. Their investments are so strictly lim ited by law to high grade securities hearing a low rate o f interest that they cannot he profitably conducted unless a com paratively large amount o f deposits is assured. N one but the depositors reap any benefit from their organization other than a reasonable com- S uperintendent of IT B anks pensatioa fo r services rendered so that there are not the usual profit-m aking inducements to encourage individuals to undertake the trouble and expense o f organizing them. P u blic spirit and a desire to benefit their fellow s should be the principal m otive o f those who undertake the organization o f such institutions and thp same spirit o f devotion to the general w elfare should animate their officers and boards o f trustees thereafter. Their special field is so fu lly covered by existing savings banks that no new savings bank was organized during the year nor has any such institution been incorporated since 1916. The follow ing table gives the resources and liabilities o f the savings banks o f the State, as shown by their reports to this Department, as o f June 30 and December 31, 1918: Resources Bonds and m ortgages................................ Stock and bond investm ents, estim ated m arket value............................................ Prom issory n otes........................................ Bankers’ acceptances and bills o f ex change....................................................... Banking houses and lols at actual cash value.......................................................... Other real estate atactual cash va lu e... Cash on deposit in banks and trust com panies................................................. Cash on h an d............................................... T otal o f collectible interest........................ Other assets.................................................. June 30,1918 $ 1 ,10 9 ,3 7 3 ,83 8 31 D ec. 31, 1918 $1,10 4 ,0 6 8 ,86 5 90 8 64,396,103 32 870,794 02 928,829,963 37 1,399,885 82 2 ,0 ^ ,8 6 4 39 18,899,826 66 17,099,973 16 115,405,734 12,976,087 25,448,023 3 ,3 84 ,0 5 9 54 12 30 43 $2 ,16 9 ,8 7 7 ,36 4 25 T otal resources 18,721,596 04 16,659,987 11 115,367,170 16,184,725 25,587,786 4,6 41 ,9 4 7 92 53 39 64 $2,23 1 ,4 6 1 ,92 8 72 Liabilities Am ount due depositors......................... .... Other liabilities............................................ Surplus on estim ated m arket value o f stocks and b on d s.................................... Surplus on par value o f stocks and bondss $ 1 ,99 1 ,7 2 0 ,34 9 72 12,130,404 35 $ 2 ,04 2 ,0 1 1 ,10 4 81 15,119,311 63 166,026,610 18 174,331,512 28 $ 2 ,16 9 ,8 7 7 ,36 4 25 $ 2 ,23 1 ,4 6 1 ,92 8 72 $217,313,648 0 4 $224,609,012 11 18 A nnual R epoet of the The follow ing table gives in somewhat greater detail but still in summary form the stock and bond investments o f the savings banks o f the State at the close o f business on December 31, 1918: Stocks and Bonds U nited S tates......................................................................................... D istrict o f C olum bia............................................................................ N ew Y ork S tate.................................................................................... B on ds o f other states........................................................................... Bonds o f cities in other states........................................................... B onds o f counties, villages and tow ns in adjoining states.......... Bonds o f cities in this sta te................................................................ Bonds o f counties in this state.......................................................... Bonds o f tow ns in this state............................................................... Bonds o f villages in this sta te........................................................... Bonds o f school districts in this state.............................................. R ailroad m ortgage bon d s.................................................................... B on ds o f Land Bank o f the State o f New Y ork ............................ $164,225,077 160,000 2 2,294,750 39,45 4 ,9 0 4 139,651,943 558,979 200,406,095 15,842,169 8 ,2 4 2 ,0 8 0 17,717,450 8 ,5 27 ,6 7 7 361,711,334 315,000 31 00 00 00 78 86 97 70 47 04 85 22 (X) T otal par value o f stocks and bonds........................................ $979,107,463 20 Am ount o f stocks and bonds at present cost as determ ined byam ortization...................................................................................... Am ount o f stocks and bonds at original co s t................................ A m ount o f stocks and bonds at estim ated m arket valu e........... $997,634,845 23 1 ,0 11 ,6 4 9 ,4 74 93 928,829,963 37 Additional Statistical Item s N um ber o f open accounts Decem ber 31, 1918 .............................. Num ber o f accounts opened or reopened during the year.......... Num ber o f accounts closed during the y ea r................................... Am ounts deposited during the year, n ot including dividends cred ited............................................................................................... A m ount withdrawn during the year................................................. Am ount o f dividends paid and credited during the year............ Salaries paid for the y ea r.................................................................... Expenses other than salaries for the y ea r....................................... 3 ,4 67 ,6 4 4 552,779 545,347 $497,192,956 515,240,913 7 3,772,298 4 ,032,472 5,103,875 16 44 63 21 46 I t is noticeable that during the year, their investments in bonds o f the U nited States increased from $40,282,244.50 to $164,225,077.31. Am ong their other liabilities, m oreover, are included partial payments to the amount o f $5,262,186, made by their patrons upon Liberty Bonds purchased fo r them by the .savings banks. I m p o b ta n t C h a n g es The follow ing table contains a comparative statement o f salient features o f savings bank transactions during .the last three years: S uperintendent of Gain shown by 1916 reports over 1915 19 B anks Gain shown by 1917 reports over 1916 42,900 Gain in open accounts............................... 173,950 Gain in resources....................................... $165,252,661 89 $ 26,640,044 07 32,892,621 07 Gain in amount due depositors................ 134,456,790 64 Increase in market value surplus............. 30,801,624 01 *14,212,645 88 Gain in par surplus.................................... 14,418,639 73 11,922,349 46 Gain in dividends paid or credited.......... 3,657,827 39 3,440,924 18 Gain in amount deposited during the year 76,176,298 15 *11,398,299 17 Increase in amount withdrawn during the year.. . . . . . . . ...... .......................... 93,604,231 59 *6,919,553 34 Gain shown by 1918 reports over 1917 7,432 $65,522,747 14 55,454,755 19 3,618,266 64 15,258,168 87 1,548,923 70 19,911,593 86 *1,351,867 39 * Decrease. It w ill be noticed that, while there has been a constant increase both in the open accounts held by such institutions, in their resources and in the amounts due depositors, the gains since the entry o f the U nited States into the European W ar have been slight as compared with the gains shown fo r the year 1916. The gain in resources and deposits, however, fo r the present year is much greater than fo r the previous year and the increase in deposits occurred almost entirely during the latter part o f the year. The increase in deposits from the time the arm istice was signed has been almost phenomenal and the deposits were made in such a form as to indicate beyond question that they con sisted largely o f hoarded money. Special reports made to the department fo r the period from December 28, 1918, to January 12, 1919, m oreover, showed a net increase in deposits fo r that period o f over $39,400,000, and I am inform ed that the increase in deposits is still continuing at a very remarkable rate. S av in g s B an k s D iv id e n d R ates A number o f savings banks which have heretofore only paid dividends at the rate o f three and one-half per centum per annum have felt justified, by the com paratively high rates o f interest that they have in recent years been able to obtain upon investments, in increasing their rates to fou r per centum per annum. Such m A n n ual K epokt of t h e increases in dividend rates should only he made after the m ost serious consideration. The profits o f a savings bank w hich are not paid out in dividends to depositors are carried to their guar anty funds or undivided profit accounts, which serve the same purpose in protecting depositors from possible loss as the capital o f a stock corporation. The amount due to any individual depositor in a savings bank is so small that a difference o f oneh a lf o f one per centum pear annum in the dividend rate is not o f great consequence to the depositor. Depositors as w ell as officers and trustees should be more greatly concerned about the safety o f the sums deposited rather than an inconsequential increase in the incom e derived from than, and I have a very great respect fo r the officers and trustees o f savings banks who insist upon accum ulating large guaranty funds fo r the protection o f depos itors, notwithstanding the temptation to increase the amount o f deposits and the size o f their institutions by declaring as large dividends as possible. In many parts o f tbe State, there has been altogether too great a tendency among all classes o f financial insti tutions to enter into an unwise com petition fo r deposits by increasing the return to depositors. The follow ing table shows the rates o f dividends paid by tbe savings banks o f this State on the first days o f Januaiy and J u ly, 1918, and the first day o f January, 1919, according to their reports to this D epartm ent: January, 1918 N um ber paying N um ber paying N um ber paying Num ber paying N um ber paying 4 per ce n t......................................... 4 and 4§ per cen t............................ 3 f per ce n t....................................... 3 and 4 per ce n t............................. 3| and 4 per cen t............................ 107 2 26 6 1 July, 1918 January, 1919 110 2 21 5 3 nr 2 15 4 S I n v e st m e n t C o m p a n ie s The Investment Company article o f the Banking Law is largely a survival and adaptation o f chapter 889 o f the Laws o f 1892, an act devised fo r the purpose o f bringing under the supervision o f the Superintendent o f Banks all foreign corporations engaged S uperintendent of B anks 21 in selling securities to the general public w ithin this State through agents. The powers o f investment companies, as stated in the Banking Law, are so broad and expressed in such general terms that various investment companies organized under the same statute are very dissim ilar in character. Some o f them are absolutely unique in their operations, while others may be grouped in certain general classes. The Law o f 1892, to which I have called attention, was passed very largely as the result o f the failu re o f many so-called “ West ern Farm M ortgage Companies ” and the older investment com panies o f the State are o f the original type and m ight perhaps be more accurately described as “ M ortgage Companies.” They axe engaged in making loans upon real estate and sell bonds secured b y real estate mortgages to investors. Another type o f investment companies is engaged in a class o f business also contemplated at the tim e o f the enactment o f the origin al law, the purchase and sale o f securities through agents o r otherwise. I f the spirit o f the original enactment and the opinions qf various Attom eys-General o f the State are given due weight, it would seem that all corporations organized for this purpose should be organized under the Banking Law and should be subject to the supervision o f this department. It must be adm itted, however, that relying upon some uncertainties in the statute and the decision in the so-called M onaton R ealty Company case, there are more corporations organized under the Business Corporations Law transacting business o f this character than there are under the Banking Law. Another class o f investment companies has been authorized fo r the purpose o f exercising the powers set forth in subdivisions 4 and 5 o f section 293 o f the Banking Law and are designed like several other classes o f corporations provided fo r in the Banking Law to relieve necessitous borrowers from the exactions o f the so-called loan sharks. A s their work is more or less remedial and it is recognized that the investigation o f the credit o f such borrow ers is expensive and that the return upon loans must be more or less in proportion to the risks assumed, these corporations are perm itted by law to exact interest, to make charges fo r examiner 22 A xitoal R epoet of th e tion and to exact fines fo r failu re to make payments as agreed which would make the loans usurious unless specially authorized by law. A ll o f the corporations thus fa r organized fo r this pur pose have used the words (t M orris Plan Company ” as a part o f their titles. Another type o f investment company is the result o f m odem industrial needs and corporations o f this character are organized to assist in financing large m anufacturing corporations and to facilitate sales to wholesalers or distributing agents. Another class o f investment companies exercise the general powers conferred by subdivision 1-a o f section 293 o f the Banking Law as recently amended. These companies are the outgrowth o f recent developments in connection with the business and com m erce o f the State and nation. They are especially designed to make acceptances, to deal in bills o f exchange and to prom ote for eign trade. The stock o f the corporations thus fa r authorized is principally owned by the largest and strongest N ational Banks and Trust Companies in the country. The minimum capital o f such an investment company is two m illions o f dollars and it seems probable that these international banking corporations w ill become a very im portant part o f the State banking system. D uring the past year, the total resources o f the investment companies show a greater proportionate growth than any other class o f financial institutions, the resources o f the investment companies at the close o f last year having been $55,079,104 and their resources at the close o f the year 1918 $95,400,400, an increase o f nearly 75 per cent. This very remarkable increase was largely the result o f the organization and development o f the last class o f investment companies above mentioned. S ix new investment companies were organized during the year, the U tica Investment Company, Incorporated, with a capital o f $100,000, the Mohawk V alley Investment Corporation, with a capital o f $150,000, the Foreign Trade Banking Corporation, with a capital o f $2,000,000, the xlsia Banking Corporation, w ith a capital o f $2,000,000 and the Discount Corporation o f New* Y ork, w ith a capital o f $5,000,000. The Essential Industries Finance Corporation, w ith a capital o f $1,000,000, was organized to co-operate w ith the W ar Finance Corporation, but owing to S uperintendent of B anks 28 the close o f the W ar, it has not engaged in active business and willsoon be dissolved. D uring the year, the capital stock o f the Am erican F oreign Banking Corporation was increased from $2,500,000 to $3,500,000 and the capital o f the Commercial Security Company, In c., from $1,000,000 to $2,000,000. The Am erican Foreign Banking Corporation was authorized to open and m aintain branch offices at P ort A u Prince, H a iti; in the city o f Panama in the R epublic o f Panam a; in the city o f Cristobal in the Canal Zone in the R epublic o f Panam a; at R io de Janeiro in the R epublic o f B ra zil; at Cap-H aitien in the Repub lic o f H a iti; at Saint M arc in the R epublic o f H a iti; at Cali in the R epublic o f Colom bia and at Havana, Cuba. The A sia Banking Corporation was authorized to open and occupy branch offices at Shanghai, Peking, Tientsin, H arbin and Hankow, in the R epublic o f China, and in Vladivostok, Siberia. The Guaranty Securities Corporation was authorized to open and maintain branch offices in San Francisco, C alifornia, and in M ontreal, Province o f Quebec. The follow ing table contains a summary statement o f the] esources and liabilities o f the investment companies o f the State at the close o f business December 31, 1917, and on the 31st day o f December, 1918, as reported to this Departm ent: Resources D ec. 31, 1917 Loans secured b y first liens on real estate................. 815,925,344 Loans secured b y second liens on real estate............ 60,190 Loans on collateral secu rity.......................................... 16,925,392 Loans on personal security............................................ 674,436 Stocks and bonds............................................................. 3 ,1 52 ,3 7 6 Office buildings................................................................. 73,645 Other real estate............................................................... 780,031 Premiums p a id ................................................................. 3,223 Furniture and fixtures.................................................... 92,888 34,727 Current expenses............................................................. Past due interest rem itted for but not paid to us.. . 22,653 Due from branch offices and agents............................ 3,177 Due from sundry persons.............................................. 5 ,1 85 ,0 5 8 Due from banks and bankers........................................ 2,0 81 ,4 5 3 Due on uncom pleted loans............................................ 20,950 Cash.................................................................................... 3,9 22 ,1 0 8 Other assets....................................................................... 6,1 21 ,4 5 3 T otal resources $55,079,104 D ec. 31, 1918 $ 1 3 ,8 5 3 ,42£ 33,701 15,927,490" 7 ,7 0 0 ,9937 ,2 07 ,9 9 6 80,000 727,858 5,117 88,408' 135,423 35,015 845,401 377,245 9,858,260* 5 ,4506 ,4 30 ,4 7 8 3 2 ,08 8 ,1 4 7 $95,400,400* 24 A nn ual R epoet of th e . Liabilities D ec. SI, 1917 $11,600,000 C apital stock paid in ....................................................... Surplus......................................................................... 3 ,954,117 Prem ium s........................................................................... 13,811 B ilb payable...................................................................... 2 ,2 20 ,1 4 6 D ebenture bonds outstanding....................................... 16,709,500 D ividends unpaid............................................................. 37,500 In terest paid in advance b y borrow ers....................... 218,173 D ue borrowers on loans m ade...................................... 1 ,3 57,060 6 ,0 81 ,0 4 8 C ertificates o f deposit bearing interest....................... D eposits awaiting investm ent....................................... 23,565 O th er deposits................................................................... 591,622 D ue to branch offices and agents............................................................... D u e to basks and bankers............................................. 1 ,^ 4 ,9 8 1 O ther liabilities................................................................. 11,087,581 D ec. 81, 1918 $2 2 ,5 8 9 ,2 0 0 6 ,6 0 8 ,4 5 5 11,740 5 ,8 4 5 ,2 5 0 14,57 3 ,9 0 0 57,500 353,652 1 ,0 16 ,0 9 9 6 ,8 1 2 ,6 2 0 57,037 1 ,7 91 ,2 1 6 1,4 05 ,8 1 4 4 ,0 5 2 ,8 1 8 30,225,099 $55,079,104 $95,400,400 T ota l liabilities......................................................... The name of the Guaranty Securities Corporation, of New York City, was changed to Continental Guaranty Corporation, iind the Bankers Commercial Corporation was merged with the Commercial Security Company, Inc., the resulting corporation assuming the name Bankers Commercial Security Company, Inc. C a p it a l an d S urplus o f I n v e st m e n t C o m p a n ie s The follow ing table gives the nam es and location o f the various investm ent companies o f the State together with their capital and surplus as o f December 3 1 , 1 9 1 8 , as reported to this D epartm ent: Name and Location American Foreign Banking Corporation, New York City.......... Asia Banking Corporation..................................................... Bankers’ Commercial Security Company, Inc., New York City.. Continental Guaranty Corporation, New York City................. Discount Corporation of New York....................................... Essential Industries Finance Corporation, New York City........ First Mortgage Guarantee Company, Long Island City............ Foreign Trade BankingCorporation, New York City............... Guaranteed Mortgage Company of New York, New York City.. Home MortgageInvestmentCompanyof NewYork, Brooklyn,N.Y Hudson Mortgage Company, New York City.......................... LongIslandBondandMortgageGuaranteeCompany,Jamaica,N.Y Mohawk Valley Investment Corporation, Utica, N. Y.............. Morris Plan Company of Albany, Albany, N. Y...................... Morris Plan Company of Buffalo, Buffalo, N. Y...................... Morris Plan Company of NewYork, New York City................ Morris Plan Company of Seheneetady, Schenectady, N. Y........ Morris Han Company of Syracuse, The, Syracuse, N. Y......... Mortgage Bond Company of New York, The, New York City... Nassau-Suffolk Bond and Mortgage Guarantee Company, Mineda, N. Y.................................................................. National Thrift Bond Corporation, New York City.................. New York Investors* Corporation, New York City.................. S. W. Straus & Co., Incorporated, New York City................... The Thrift, Brooklyn, N. Y................................................... Utica Investment Company, Utica, N. V................................ Capital 83,239,200 2,000,000 2,000,000 1,000,000 5,000,000 1,000,000 500,000 2,000,000 375.000 100,000 100,000 200,000 150,000 100,080 200,000 1,000,008 100,000 125,000 2,000,000 200,000 250,000 100,000 250,000 500,000 100,000 Surplus as reported 81,344,945 536,833 643,030 124,331 1,000,000 197,968 219,404 314,0% 138,216 51,732 25,606 134 , m i 30,470 20,624 13,214 113,244 11,469 19,657 740,861 150,064 34,264 39,496 205,208 475,509 23,503 S uperintendent op 25 B anks S a f e D epo sit C o m p a n ie s The business transacted by the Safe D eposit Companies during the year ealls fo r very little comment, although there was a consid erable increase in the resources o f these corporations. So m any other corporations exercise the powers o f Safe D eposit Com panies and do a com petitive business that few new Safe D eposit Companies are organized by individuals. A number o f the existing Safe D eposit Companies were incorporated in connection with banks or trust companies by which their stoek is almost entirely owned. The only new Safe D eposit Company organized during the year was the Tiffany & Co. Safe Deposit Company, located in Mew Y ork C ity, w ith a capital o f $100,000. R esources a n d L ia b il it ie s op S af e D epo sit Co m p a n ie s The follow ing table gives in summary form the resources and liabilities o f the Safe D eposit Companies o f the State as reported at the close o f business on the last days o f December, 1916, 191? and 1918: R esources 1916 1917 Bonds and mortgages........................................................ Stock and bond investments............................................ Real estate......................................................................... Vaults and safes................................................................ Loans on collateral............................................................ Cash deposited................................................................... Cash on hand..................................................................... Safe rentals due and accrued........................................... Silver storage due and accrued........................................ Warehouse storage due and accrued............................... Tin boxes on hand............................................................ Other assets........................................................................ Add for cents.............................•....................................... $268,625 2,472,548 2,430,863 3,087,553 76,505 700 275,183 3,662 68,710 34,419 142,376 241 39,115 5 $277,190 2,645,178 3,151,560 3,083,609 56,172 15,758 328,606 6,400 73,829 36,826 148,771 290 31,352 5 *296,0353,045,018 3,333,6663,027,42648,195 17,062 296,772 14,428 75,278 40,795 173,412 287 37,955 Totals.......................................................................... $8,900,505 $9,855,546 $10,406,332 Capital stock...................................................................... Excess of assets over liabilities........................................ Loans secured by bond and mortgage............................ Other loans......................................................................... Interest due and accrued on loans................................... Expenses incurred and unpaid......................................... Other liabilities.................................................................. Add for cents...................................................................... $6,000,000 2,016,041 670,000 27,200 5,402 10,733 171,127 $6,310,000 2,610,718 570,000 83,523 4,800 22,735 253,768 $6,360,000 2,819,545 570,000 349,904 5,36622,321 279,195 2 2 1 Totals......................................................................... *8,900,505 $9,855,546 $10,406,332 1918 8 L ia b il it ie s M A nn ual R epoet of the L is t of S a f e D epo sit C o m p a n ie s an d C a p it a l The follow ing table gives the names, locations and capital o f the Safe D eposit Companies o f the State which were engaged in business on the first day o f January, 1919: N ame Albany Safe Deposit and Storage Company................... Astor Safe Deposit Company, New Y ork........................ Atlantic Safe Deposit Company....................................... Bankers’ Safe Deposit Company...................................... Bank of Long Island Safe Deposit Company.................. Broadway Safe Deposit Company.................................... Bronx Safe Deposit Company........................................... Brooklyn City Safe Deposit Company............................ •Central Safe Deposit Company........................................ Central Union Safe Deposit Company............................. Citizens Commercial Safe Deposit Company.................. C ity Safe Deposit Company of Albany, N. Y ................ Colonial Bank Safe Deposit Company............................. Commercial Safe Deposit Company................................. •Corn Exchange Safe Deposit Company........................... •County Safe Deposit Company........................................ Empire City Safe Deposit Company............................... Empire Safe Deposit C om pan y....................................... Equitable Safe Deposit Company of New York, T h e ... Farmers’ Safe Deposit Company, The............................. Fidelity Safe Deposit Company....................................... Fifth Avenue Safe Deposit Company.............................. Franklin Safe Deposit Company...................................... •Garfield Safe Deposit Company....................................... Greenwich Safe Deposit Company................................... Guaranty Safe Deposit Company..................................... Hanover Safe Deposit Company...................................... Hudson Safe Deposit Company....................................... Knickerbocker Safe Deposit Company............................ Lincoln Safe Deposit Company........................................ Long Island Safe Deposit Company................................. Madison Safe Deposit Company...................................... Mercantile Safe Deposit Company................................... Metropolis Safe Deposit Company................................... M ount Vernon Safe Deposit Company............................ New Maiden Lane Safe Deposit Company..................... New Rochelle Safe Deposit Company............................. New York Produce Exchange Safe Deposit and Storage Company......................................................................... New York Stock Exchange Safe Deposit Company----Gssining Safe Deposit Company....................................... Power City Safe Deposit Corporation............................. Rockland County Safe Deposit Company....................... ■Safe Deposit Company of New York............................... •Security Safe Deposit Company of Brooklyn................. •Security Safe Deposit Company of Troy......................... Standard Safe Deposit Company..................................... State Safe Deposit Company............................................ Thirty-fourth Street Safe Deposit Company.................. Tiffany & Co. Safe Deposit Company............................. United States Safe Deposit Company.............................. Woolworth Building Safe Deposit Company.................. Location Capital Albany............................... $90,000 00 New Y ork C ity................ 100,000 00 New York C ity................ 100,000 00 New York C ity................ 100,000 00 Jamaica............................. 100,000 00 New York C ity................ 100,000 00 New York C ity................ 110,000 00 Brooklyn........................... 100,000 00 Ossining............................. 10,000 00 New York......................... 100,000 00 Buffalo............................... 150,000 00 Albany............................... 50,000 00 New York C ity................ 100,000 00 New York C ity................ 100,000 00 New York C ity................ 300,000 00 White Plains............... , . . 10,000 00 New York C ity................ 100,000 00 New York C ity................ 100,000 00 New York C ity................ 200,000 00 New York C ity................ 100,000 00 New York C ity................ 100,000 00 New York C ity................ 100,000 00 Brooklyn........................... 100,000 00 New York C ity................ 150,000 00 New York C ity................ 100,000 00 New York C ity................ 200,000 00 New York C ity................ 200,000 00 New York C ity................ 100,000 00 New York C ity................ 100,000 00 New York C ity................ 1,000,000 00 100,000 00 Brooklyn........................... New York C ity................ 100,000 00 New Vork C ity................ 200,000 00 New York C ity................ 100,000 00 Mount Vernon.................. 10,000 00 New York C ity................ 100,000 00 New Rochelle.................... 10,000 00 New York C ity................ New York C ity................ Ossining............................. Niagara Falls.................... Nyaek................................ New York C ity................ Brooklyn........................... Troy................................... New York C ity................ New York C ity................ New York C ity................ New York C ity................ New York C ity................ New York C ity................ 150,000 100,000 20,000 15,000 10,000 100,000 100,000 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 $6,360,000 00 S uperintendent op 27 B anks . P erson ae L o an C o m pan ies an d P erso n al L o an B rokers The present article o f the Banking Law relating to Personal Loan Companies and Personal Loan Brokers is a development as the result o f experience o f chapter 326 o f the Laws o f 1895, which was the in itial attempt in this State to organize corporations o f a rem edial character fo r the relief o f needy and indigent bor rowers. M any States now have statutes relating to small loan brokers and their supervision, all intended, o f course, to relieve the poor from oppression. I think, however, that N ew Y ork State was the pioneer in this respect and that our statute is the most satisfactory to the borrowers, i f not to the lenders. Two Personal Loan Companies were organized during the year, the M erchants Personal Loan Company, o f B rooklyn and the Broadway Personal Loan Company, located in the borough o f Manhattan. The capital o f the Provident Loan Society, o f Koehester, was increased from $50,000 to $100,000. N o personal Loan Broker was authorized to commence business during the year. The follow ing table shows the resources and liabilities o f the Personal Loan Companies and Personal Loan Brokers o f the State on the 31st day o f December, 1917, and the 31st day o f December, 1918, according to reports to this Departm ent: Resources Cash in office..................................................................... Cash on d ep osit................................................................ Loans on m ortgage o f personal property................... Loans on notes endorsed or guaranteed b y persons other than the borrow ers........................................... Loans on assignments or orders for the paym ent o f salary or w ages............................................................. Pawn brokers’ loans........................................................ Furniture and fixtures.................................................... O ther assets....................................................................... 1917 $9,776 36 37,174 08 718,078 79 918 $11,323 66 56,097 64 569,111 41 102,505 90 150,725 76 2,2 04 57,464 6,5 78 88,549 46 68 14 44 T otal resources......................................................... $1,022,331 85 Liabilities Perm anent ca p ita l..................... Surplus.......................................... Borrow ed m on ey........................ O ther liabilities............ •............. Total liabilities $718,875 81,222 207,142 15,091 00 45 98 42 $1,022,331 85 1,716 69,425 6,8 42 136,628 05 32 36 73 $ 1 ,001,873 93 $731,425 89,628 169,382 11,437 00 52 82 59 $1,001,873 93 28 A nnual , R eport L ist of P erson ax , L o an op th e C o m pan ies an d P erson a x L oan - B rokers T o gether w it h C a p it a x The follow ing table contains the names, locations and am ount o f capital o f the Personal Loan Companies and Personal Loan Brokers engaged in business in this State on December 31, 1918: Location N ame American Credit Company........................................................... Buffalo................... Broadway Personal Loan Company............................................. New Y ork.............. Buffalo Security Company............................................................ Buffalo................... Cayuga Loan C on^apy................................................................ Auburn.................. Chattel Loan Society of New York, In c..................................... New Y ork C ity. . . City Personal Loan Company, Inc.............................................. New Y oris C ity. . . Empire City Personal Loan Co., The.......................................... Elmhurst............... Fidelity Personal Loan Company................................................ New York C ity . . . Fourteenth Street Personal Loan Company............................... New York C ity . . . Guard'an Personal Loan Company............................................. New York City. . . Home Credit Company................................................................. Buffalo................... Interborough Personal Loan Company....................................... Brooklyn................ Merchants Personal Loan Company........................................... Brooklyn................ Onondaga Provident Loan Association, In c............................... Syracuse................ Personal Loan Association of Onondaga County, Inc............... Syracuse. .'............ Provident Loan Company of Buffalo........................................... Buffalo................... Provident Loan Society of Rochester.......................................... Rochester.............. Remedial Loan Society of Buffalo, Inc., T he............................. Buffalo................... St. Bartholomew’s Loan Association........................................... New York City. . . Standard Credit Company of Buffalo.......................................... Buffalo................... Syracuse Loan Company............................................................... Syracuse................ Union Loan Company................................................................... Syracuse................ Ut!ca Provident Loan Association............................................... Utica...................... Westchester Provident Personjl Loan Company....................... Mount Vernon. . . . Yonkers Personal Loan Company ........................................... Yonkers................. Abe H. Kavovitz and Lillia Kavovitz, Personal Loan Brokers. Port Chester.......... Charles C. Truesdell, Personal Loan Broker.............................. Syracuse................ T otal........................................................................................ Capital *10,000 10,000 10,000 10,600 200,000 10,000 10,000 10,000 48,600 100,000 10,000 10,000 10,800 40,000 10,000 10,000 64,550 18,000 40,275 10,000 10,000 10,000 35,000 10,000 10,000 5,000 10,000 OB 000B 00 00 09 00 0B GO 00 00 00 8* 0B 0B 0O 0B 0B 0B 0B 0B 0B OB 00 00 0B 0B *731,425 0B F unds of C losed S avin g s B a n k s S t il l H eld b y t h e S u per in t e n d e n t W hile the failure o f a saviugs bank is exceedingly rare under present restrictions and supervision, there was a period, m any years ago, in the early stages o f their development when such failures were not uncommon. The follow ing table gives the names o f closed savings banks, the years in which they were organized, the date o f closing, the S uperintendent of 29 B anks percentage o f deposits paid to claimants* the amount deposited -with this department, the amount disbursed to claimants and the | Year closed | Year chartered balance still rem aining in the custody o f the Superintendent: 1889 1876 1869 1876 186S 1871 1867 1875 1857 188© 1866 1880 1870 1877 1868 1877 1888 1877 1871 1886 1889 1869 1892 1888 1884 1880 1899 1877 N assb of I nstitution Abingdon Square Savings Bank.......... Bond Street Savings Bank, N. Y ........ Bowling Green Savings Bank.............. Central Park Savings Bank................. Central Savings Bank, T roy*.............. Chautauqua County Savings B an k*.. Clairmont Savings Bank...................... Clinton Savings Bank.......................... Coxsaekie Savings Institute*.............. East Side Savings Bank for Sailors, New York*........................................ Eleventh Ward Savings Bank*........... Equitable Savings Institution*........... Fulton County Savings Bank*............ German Savings Bank of the Town of Marrisaaia......................................... German Uptown Savings K ink........... Guardian Savings Bank, Brooklyn * . . Haverstraw Savings Bank.................... 1866 1875 1'901 1908 1871 1879 1868 1880 1871 1880 Mechanics’ Savings Bank, Brooklyn * 1852 1876 Mechanics and Traders’ Savings Institution, New York.......................... 1885 18S3 Morriaania Savings Bank * .................. 1868 1875 Mutual Benefit Savings Bank............. 1869 1876 New Amsterdam Savings Bank.......... 1874 1879 1889 1877 Oriental Savings Bank, New York___ 1868 1880 Park Savings Bank, Brooklyn * .......... 1863 1875 People's Savings Bank, New York___ 1889 1881 Port Jervis Savings Bank * .................. 1867 1877 Saratoga Savings Bank........................ 1861 m m See«iit§r Savings Bank, New Y o rk .. . . 1854 1878 Sixpenny Savings Bank, New York__ 1851 1875 Third Ave. Savings Bank, New York. 1870 1876 Trades Savings Bank, New York........ 1873 1878 Union. Savings Bank, Sasatwaa-S^rings Total............................................... * Cloned vohmtacily Rate per cent of dividend declared 48 86| 35 30 100 100 15 68.169 100 Unclaimed dividends deposited with superin tendent $930 21,132 3,994 1,497 49 2 501 831 258 796 1,833 150 26 51 19 49 32 46 1-6 64 100 75 100 100 3,656 5,598 888 596 320 329 86 70 27 04 71 39 71 ♦ 100 64 77 100 60§ 100 48 7-12 100 88 14,315 842 7,554 429 1 2,255 329 5,530 251 437 1,865 39,319 895 547 189 61 ! Balanc* unclaimed 37 $483 70 $446 67 88 10,507 77 10,625 11 29 22 51 3,971 78 76 704 19 793 57 72 49 79! 24 2 24 90 17 98 483 92 91 81 14 750 77 32 19 60 238 72 100 100 100 100 85.55 19 15 6 Paid by superin tendent to claimants 7<*A §| 239 98 45 4 22 1,491 1,143 701 327 38 08 03 21 1,59321 156 04 22 10 2,165 4,455 187 268 48 62 24 83 329 39 91 7,059 83 7,256 88 74 670 88 171 86 86 3,656 84 3,898 02 79 13 87 415 92 40 1 40 50 299 86; 1,985 §4 44 44 96 3,214 84 2,316 12 97 248 13 3 84 88 1 82 436 06 72 630 92 1,234 80 89 12,675 47 26,644 42 15 479 60 415 55 32 3 72 543 60 89 36 17 144 72 $118,155 29 $44,736 19 $73,419 10 30 A nnual B epobt of t h e B esoubces of S avin g s B a n k s , S t a t e B a n k s , T bu st C o m p a n ie s an d S a f e D epo sit C o m pan ies In order to show the growth and development o f the abovenamed classes o f State institutions, it has been customary to publish in this part o f the report a statement showing the total resources reported by them during a long series o f years. A mere cursory examination o f the figures , is enlightening. The follow ing table shows the total reported resources o f the institutions named as o f the dates nearest January 1 from 1899 to 1919, inclusive: date 1899, January 1. 1900, January 1. 1901, January 1. 1902, January 1. 1903, January 1. 1904, January 1. 1905, January 1. 1906, January 1. 1907, January 1. 1908, January 1. 1909, January 1. 1910, January 1. 1911, January 1. 1912, January 1. 1913, January 1. 1914, January 1. 1915, January 1. 1916, January 1.. 1917, January 1. 1918, January 1. 1919, January... Savings banks Banks of deposit and discount Trust companies $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 617i063,267 625,806,406 648,234,361 793,428,884 901,845,248 932,437,232 1,020,241,730 $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 1,690,075,954 1,598,555,823 1,574,666,207 1,740,598,437 2,532,892,786 2,744,317,081 3,164,170,014 3,221,371,809 $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 2,139,299,037 2,165,939,081 2,231,461,928 Safe deposit companies $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 8,900,505 9,855,546 10,406,332 L ist of S e c u b it ie s H eld in T bust b y t h e S u p e b in t e n d e n t of B anks State Banks and Investment Companies not engaged in . the receipt o f general deposits are required to deposit bonds with the Superintendent o f Banks, in order to secure the payment o f assessments fo r expenses made against them. Trust Companies and Investment Companies engaged in the receipt o f deposits are required to make deposits with the Superintendent o f Banks fo r S uperintendent op B anks 31 the special protection o f the depositors with and creditors o f such companies. The follow ing list gives in summary form the different securities held by the Superintendent o f Banks fo r the benefit o f the depositors with and creditors o f the trust com panies o f the State and the depositors with the two investment companies which have qualified fo r this purpose: U nited States 2 per cent bon d s................................................................. U nited States 3§ per cent b on d s............................................................... United States 4 per cent bon d s................................................................. U nited States 4| per cent b on d s............................................................... New Y ork State 3 per cent bonds............................................................. New Y ork State 4 per cent bonds............................................................. New Y ork State 4| per cent bonds........................................................... New Y ork State 4| per cent bonds........................................................... A lbany C ity 3 f per cent bon d s................................................................. A lbany C ity 4 per cent b on d s................................................................... Brooklyn C ity 3| per cent b on d s.............................................................. Buffalo C ity 3§ per cent bon d s................................................................. Buffalo C ity 4 per cent b on d s................................................................... Buffalo C ity 4 f per cent b on d s................................................................. Cohoes C ity 3| per cent bon d s.................................................................. Jamestown C ity 4 per cent bonds............................................................. Jamestown C ity 4§ per cent bonds........................................................... M iddletow n C ity 3 f per cent bonds......................................................... M ount Vernon C ity 4 per cent bonds...................................................... Niagara Falls C ity 4 per cent bonds— .............................................. New Y ork C ity 2§ per cent bon d s........................................................... New Y ork C ity 3 per cent b on d s.............................................................. New Y ork C ity 3| per cent bon d s............................................................ New Y ork C ity 4 per cent bon d s.............................................................. New Y ork C ity 4 f per cent b on d s........................................................... New Y ork C ity 4| per cent bon d s............................................................ R ochester C ity 3§ per cent bonds............................................................. Rom e C ity 4 per cent bon d s...................................................................... T roy C ity 4 f per cent bon d s...................................................................... T roy C ity 4| per cent b on d s...................................................................... U tica C ity 4 per cent bonds....................................................................... W atertow n C ity 4§ per cent bonds........................................................... Livingston C ounty 4| per cent bonds...................................................... Canadaigua Village 4.95 per cent bonds.................................................. Little V alley Village 4.95 per cent bonds................................................ Total.......................................................................................... $2, (XX) 37,000 100,000 700,000 1 ,1 90,000 393,000 30,000 207,000 10,600 6,000 240,000 60,000 20,000 56,000 2,000 36,000 5,000 20,000 12,000 3 0 ,(XX) 3 3 0 ,(X30 397,500 2,5 74 ,5 0 0 1 ,070,500 3 ,0 6 8 ,OCX) 3 ,2 61 ,5 0 0 80,000 1 0 ,(XX) 25,000 2 ,000 8 ,(XX) 40,000 2 5 ,(XX) 2,0 00 4 ,1 90 00 00 00 OO OO 00 OO 00 00 OO OO OO 00 (X) OO 00 00 00 00 00 00 OO 00 00 OO OO (XI OO 00 00 00 00 00 (X) 40 $14,054,790 40 On the first day o f January, 1918, the total U nited States bonds so held was only $29,000. I t appears therefore that there has been an increase in the U nited States bonds held in trust o f $810,000. C o nc lu sio n There w ill appear in the appendix to this report in condensed form the reports o f the trust companies o f the State as o f the 32 A nnual R epoet op th e S uperintendent of B anks dates on which they were called upon fo r reports during the year and the reports o f the savings banks, investment companies, safe deposit companies, personal loan com panies and personal loan brokers as o f the thirty-first day o f December, 1918. The appendix w ill also contain the usual large table showing * the condition o f the saving^ banks o f the State at the close o f business on Decem ber 31, 1918, and another statement, show in g their resources and liabilities by counties. A third table w ill give general statistical inform ation with reference to the savings banks from January 1, 1858 to the present tim e. There w ill also be published in the appendix a statement showing in d eta il the securities held by the Superintendent o f Banks on the first day o f January, 1919, in trust fo r the creditors o f and depositors w ith each o f the trust companies o f the State and the two investment companies to which reference has been herein before made. R espectfully submitted, G E O R G E I . S K IM F E R , Superintendent o f Ranks. APPENDIX [ 33 ] 2 DETAILED STATEMENT OB’ THE Condition of the Savings Banks AND INSTITUTIONS FOR SAVINGS IN THIS STATE ON THE First Day of January, 1919, as C o m p iled from Their Reports to the Superintendent of Banks [t h e banks are arranged a l p h a b e t ic a l l y by c o u n t ie s ] ALBANY COUNTY 1. ALBANY CITY SAVINGS INSTITUTION, ALBANY [100 State street; Incorporated 1850] W ILLIAM S . HACKETT, President. GEORGE H. THACHER, Vice-President. JAMES W. COX, Vice-President. JAMES W . COX, GEORGE H. THACHER, ALBERT HESSBERG, JONAS H. BROOKS, EDWARD J. GALLIEN, P. N. BOUTON, FRANK H. W ILLIAM S, Treasurer. LOUIS F. HARTMANN, Asst. Treasurer. T R U ST E E S RUFUS K. PALMER. W ILLIAM S. DYER, FRANK C. HERRICK, JOHN A. DELEHANTY, B. PALMER GAVIT, CHARLES H. SABIN, WM. J. NELLIS, C. L. A. W HITNEY, W ILLIAM S. HACKETT, HORACE S. BELL, JACOB H . HERZOG. FRED'K W. KELLEY, F IN A N C IA L RESOURCES Bonds and m ortga ges................................................................................. $ 7 ,1 1 5 ,5 0 0 81 S tock and bond investm ents, v iz .: Par Original Estimated Stocks and bonds value cost market value United States ....................... $462,950 00 $462,950 00 $462,95000 396,000 00 415.799 78 397,87000 Cities in other States........ Cities in this State............... 517,300 00 536,762 22 509,46280 Counties in this sta te........ 62,000 00 66,020 92 63,18000 Towns in this State............... 158,600 00 164,510 01 162,62450 Villages in this sta te............ 289,813 28 296,638 08 296,80979 School districts in this State 228,400 00 236,484 84 236,47588 Railroad m ortgage bonds— 2,725,000 00 2,919,168 64 2,607,37000 $4,839,963 28 $5,098,334 39 $4,736,742 9? - .................. .......— ..'-------------------------P rom issory n otes ....................................................................................... B anking house and lo t, book value. $105,000; cost, $155,000; actu al cash v a l u e ................................................................................... O ther rea l estate, book value, $22,412.20; cost, $22,412.20; actu al c a d i v a lu e ................................................................................. Cash o n deposit in banks o r tru s t com pan ies.................................. Cash on h a n d .............................................................................................. T o ta l o l collectib le in terest..................................................................... A m ou n t o f a ll oth er assets, v iz .: R en t a ccru ed ............................. 4 ,7 3 6 742 97 2 ,5 7 1 18 105,000 00 2 2 ,41 2 295,9 3 4 116 369 123,322 2 ,0 3 3 20 60 97 54 33 $ 1 2 ,5 1 9 ,8 8 7 60 LIAB ILITIES A m oun t due depositors, v iz .: Principal .............................................................................$11,566,034 62 Dividends credited or to be credited for the six months ending w ith December 31, 1918...................... 224,107 37 Surplus on m arket v a lu e .......................................................................... $ 1 1 ,7 9 0 ,1 4 1 99 7 29,745 61 $ 1 2 ,5 1 9 ,8 8 7 60 Surplus o n pa r value, $832,965.92. C A SH T R A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS Cash o n hand and in banks o r tru st com panies Janu ary 1 ,1918, before transactions o f the d a y ............................................................. F rom depositors, n o t in cluding dividends cred ited ....................... F rom in terest,on loans, deposits and investm ents......................... [3 6 ] $441,733 05 2 ,1 9 4 ,4 9 9 37 620,2 5 8 56 37 A lbany C ounty F rom F rom From From F rom From From rents from banking h o u s e .......................................................... rents from all oth er real e sta te ............................................. m o r t g a g e s ......................................................................................... redem ption o f stocks and b on d s............................................. stocks and bonds sold (to ta l par value, $ 4 5 2 ,3 5 0 )........... loans paid ....................................................................................... real estate s o ld .............................................................................. $13,071 1 ,2 38 296,439 204,3 5 8 451,9 0 6 38 ,49 9 5 ,5 0 0 08 36 05 88 00 41 00 $ 4 ,2 6 7 ,5 0 3 76 PAYMENTS To depositors, including dividends paid t o th em .........................$ 2 ,0 8 5 ,3 2 3 13 For loans on bonds and m ortga ges................ ,.................................. 49 ,79 9 60 F or loans on stocks and bonds and other secu rities.................... 4 1 ,07 0 59 F or stocks and bonds purchased, in cluding premiums, com m issions, etc. (to ta l pa r value, $ 7 0 0 ,1 0 0 ).................................. 700,1 0 0 00 F or interest (oth er than dividend paym ents t o d e p o s ito r s )-----600 79 F or cu rrent expenses o f the bank, v iz .: For salaries ........................................................................ $18,549 65 For ta x es: Banking house, $4,118.04; surplus, $3,839.69 .............................................................................. 7,957 73 For expenses, except taxes, o f banking house: Repairs ........................................................................... 4,658 23 Insurance .................................................................... 330 ©0 Other .............................................................................. 6,684 75 F or expenses o f other real estate, v iz .: 458 88 Repairs ................................................. Insurance ...................................................................... 203 96 Taxes ................................... 176 90 Other .............................................................................. 1 60 For other expenses, not including expenses o f other real estate nor other expenses o f banking h ou se... 11,003 57 -----------------F or real estate acquired b y foreclosure, o r in settlem ent of debts due th e b a n k ................................................................................ Other paym ents, v iz .: Cash s h o rt.......................................................... Cash on hand and in banks o r tru st com panies Decem ber 31, 1918, a fter transactions o f the d a y ................................................. 50 ,02 5 27 2 8 ,2 3 5 05 44 76 412, 304 57 $ 4 ,2 6 7 ,5 0 3 76 S T A T IS T IC A L IN F O R M A T IO N N um ber o f open accounts Janu ary 1, 1919...................................... 17,015 Num ber o f accounts opened o r reopened du rin g the y e a r ........... 5 ,2 03 Num ber o f accounts closed d u rin g th e y e a r .................................. 3 ,9 14 A m oun t deposited du rin g the year, n ot in cluding dividends credited fo r th a t p e r io d ........................................................................ $ 2 ,1 9 4 ,4 9 9 37 A m ount w ithdraw n du rin g the y e a r ................................................. 2 ,9 8 5 ,3 2 3 13 Am ount o f dividends credited and pa id fo r th e year, v iz .: July 1, 1918........................................................................... $228,287 59 January 1, 1919................................................................... 224,107 37 452.394 96 692 92 A verage am ount o f each account Janu ary 1, 1919......................... R a te per cent, o f dividends t o depositors during th e s ix m onths ending June 30, 1918.......................................................................... 4 R a te per cent, o f dividends to depositors during th e s ix m onths ending Decem ber 31, 1918................................................................. 4 T ota l earnings o f the bank fo r th e year 1918, a fter a llow in g fo r am ortization o f prem ium s and d iscou n ts...................................... $ 6 15,120 63 T ota l expenses o f the bank fo r the year 1918.................................. 50 ,02 5 27 D ividends paid to depositors fo r the year 1918........................... 452.3 9 4 96 N et earnings fo r the yea r 1918 over expenses and dividends paid t o d e p o sitors................................................................................... 112,700 40 38 R eport 2. on S avings B anks ALBANY COUNTY SAYINGS BANS, ALBANY 188 State street; incorporated 1874] BETH WHEELER, President. WM. N. S. SANDERS, Treasurer. F. C. CURTIS. V ice-President C. E . BYRON, Assistant Treasurer. W ILLIAM P. RUDD, Vice-President. HENRY H. KUHN. Secretory. TRU STEES W ILLIAM A. WHEELER, FREDERIC C. CURTIS, HENRY R. WRIGHT, SETH WHEELER, N. B. VANDERZEE. WM. L. VISSCHER, RICHARD STEPHENS, WM. N. S. SANDERS, JAMES MILW AIN, JOHN R. CARNELL, HENRY H. KOHN, MALCOM S. FEAREY, W ILLIAM SMITH, EDWARD W . RANKIN, GEORGE A . W H ITE, JAMES B. LYON, JOHN T. D. BLACKBURN. W ILLIAM P. RUDD, CHAS. E. BYRON, CARL H. GRAF. F IN A N C IA L RESOURCES Bonds and m ortga ges................................................................................. $ 6 ,8 9 9 ,2 2 3 91 S tock and bond investm ents, v iz .: Original Estim ated Par cost market value Stocks and bonds value $656,150 00 $655,150 00 United States ........................ $655,150 00 100,000 00 State o f New York.................. 101,000 00 102,656 25 221,300 00 State o f M assachusetts........ 250,000 00 260,417 50 161,893 00 151,210 00 Cities in other States........... 159,000 00 1,144,005 63 1,061,660 00 Cities in this State............... 1,101,500 00 233,467 67 226,840 00 Counties in this State........ 229,000 00 Villages in this State........... 5,000 00 5,000 00 4,600 00 Railroad m ortgage bonds— 931,000 00 843,310 00 953,865 66 $3,430,650 00 $3,516,455 71 $3,264,970 00 3 ,2 6 4 ,9 7 0 00 B anking house and lo t, book value, $205,000; cost, $225,000; actu al cash valu e ................................................................................. C a d i o n dep osit in banks o r tru st com panies............................. Cash o n hand ............................................................................................ T o ta l o f collectib le in terest..................................................................... A m ou n t o f a ll other assets, v iz .: T h rift Stamps ................................................................... $5 75 Insurance premiums advanced........................................ 410 99 2 0 5 ,0 0 0 328,1 6 3 17,465 172,387 00 23 88 35 116 74 $ 1 0 ,8 8 7 ,3 2 7 11 LIAB ILITIES p rin cip a l............................................. $ 1 0 ,0 3 4 ,8 6 6 34 A m oun t due depositors, v iz .: O ther lia b ilities, v iz .: Dividends accrued on deposits to January 1, 1919___ $97,057 28 Expenses incurred, but unpaid, v iz .: Advertising ................................................................... 223 04 Tax sea rch es................................................. 250 00 6039 S u n dries................................................................................ --------------------------------------- 9 7 ,5 9 0 71 Su rplu s on m arket v a lu e ........................................................................... 754,8 7 0 06 $ 1 0 ,8 8 7 ,3 2 7 11 Su rplu s o n p a r value, # 2 0 ,5 5 0 .0 6 . C A S H T R A N S A C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS Cash o n hand and in banks o r tru s t com panies J a n u a ry 1 ,1 91 8 , b efore transactions o f th e d a y ........................................................ F rom depositors, p o t in clud ing dividends cred ited ................ F rom interest on loans, deposits and investm ents......................... From rents from banking h ou se........................................................ From m o r t g a g e s ......................................................................................... F rom redem ption o f stock s and b on d s............................................... F rom stocks and bonds sold (to ta l par value, $ 3 0 0 ,2 2 5 )........... $453,338 2 ,3 7 8 ,6 8 1 542,3 0 2 3 ,8 2 5 592,1 9 5 7 7 0 ,5 0 0 2 9 7 ,8 4 5 73 23 48 08 00 00 56 39 A lbany C ounty From all oth er sources, viz.; Refund — Insurance premiums advanced...................... U. S. W ar Savingsand T hrift Stampssold.................. Difference between par value and cost o f bonds pur chased ............................................................................... Difference between par value and proceeds o f bonds sold .................................................................................... $96 25 1,791 40 3,414 20 875 40 ------------------ $6 ,17 7 25 $ 4 ,9 4 4 ,8 6 5 33 PAYM EN TS T o depositors, including dividends paid t o th em ......................... $ 2 ,9 1 9 ,2 0 6 6 5 ,4 0 0 For loans on bonds and m ortga ges.................................................... For stocks and bonds purchased, including premiums, com m is 1 ,5 6 7 ,2 3 2 sion®, etc. (to ta l p a r value, $ 1 ,5 6 6 ,3 1 0 )........................................ 2 ,0 8 0 For interest (oth er than dividend paym ents t o dep ositors) . . . . F or current expenses o f th e bank, v iz .: For salaries ........................ : ............................................. $19,063 81 For tax® !: Banking house, $4,308.48; surplus, $6,810.32 11,118 80 For expenses, except taxes, o f banking house; Repairs .......................................................................... 1,326 01 Insurance ...................................................................... 83 88 Other .............................................................................. 3,305 69 94 32 For expenses o f other real estate,v iz .; Taxes............. For other expenses not including expenses o f other real estate nor other expenses o f banking house.. 7,826 85 42 ,80 9 Other paym ents, v iz .: Cash short ........................................................................... $44 50 U. S. War Savings and T h rift stam ps........................ 2,351 85 Insurance premiums advanced........................................ 110 99 2 ,5 0 7 Cash on hand and in banks or tru st com panies December 31, 345,629 1918, after transactions o f the d a y ................................................. 64 00 17 71 36 34 11 $ 4 ,9 4 4 ,8 6 5 33 S T A T IS T IC A L IN F O R M A T IO N Num ber o f open accou nts Janu ary 1, 1919...................................... 18,183 N um ber o f accounts opened o r reopened durin g the y e a r ........... 2 ,3 6 2 Num ber o f accounts closed du rin g th e y e a r .................................. 2 ,4 2 0 A m oun t deposited du rin g th e year, n ot in clu d in g dividends credited fo r that p e rio d ........................................................................ $ 2 ,3 7 8 ,6 8 1 23 A m ount w ithdraw n durin g the y e a r ............................................... 2 ,9 1 9 ,2 0 6 64 A m oun t o f dividends credited and paid fo r the year, v iz .: A pril 1, 1918......................................................................... $199,917 14 October 1, 1918.................................................................... 196,536 20 A verage am ount o f each a ccou n t Janu ary 1, 1919......................... R ate per cent, o f dividends t o depositors during the six months ending M arch 31, 1918.......................................................................... Rate per cent, o f dividends t o depositors du rin g the six months ending September 30, 1918................................................................. T otal earnings o f the bank fo r the yea r 1918, after allow ing fo r am ortization o f premiums and discou n ts............................. Total expenses o f the bank fo r the year 1918.................................. D ividends paid to depositors fo r th e yea r 1918............................. N et earnings fo r the year 1918 over expenses and dividends paid t o depositors ................................................................................ 396,453 34 707 52 4 4 $545,465 54 42 ,88 6 63 396, 453 34 106,125 57 40 R eport on S ayings B anks 3. ALBANY EXCHANGE SAVINGS BANK, ALBANY [450 B roadw ay; incorporated 1856] MARTIN T . NACHTMANN, President. ALDEN CHESTER, Vice-President. CARL M. CRONK, Asst. Treasurer. JOHN J. GALLOGLY, MATTHEW J . WALLACE, JACOB S. PRIEDMAN, D. C. SLINGERLAND, ALDEN CHESTER, CHARLES H. TURNER, MATTHEW J. WALLACE, Vice-President. LEMUEL B. W ILMARTH, Treasurer. T R U S T IE S THOMAS E. FINBGAN, M. T. NACHTMANN, W . S. VAN DBRZEE, LESTER H. HBLMES, JOHN A. BECKER, ARTHUR T. PALMER, JAMES H. MEAD, LEMUEL B. WILMARTH, HUGH A. ARNOLD, GEORGE B. RUSSELL, HENRY H. BENNIT, CHAS. H. HAHN. F IN A N C IA L RESOURCES $ 2 ,1 6 4 ,2 8 2 50 Bonds and m o rtga ges....................... S tock and bond investm ents, v iz .: Original Estimated Stocks and bonds value cost market value $133,400 00 United States ........................ $133,400 00 $133,40000 Cities in other States.......... 194,352 00 207,452 89 196,27651 Cities in this State............... 342,239 78 361,881 23 343,49994 Towns in this State............. 43,176 00 46,371 78 44,40275 Villages in this State........... 191,853 40 196,843 42 188,07913 89,496 58 88,25450 School districts in this State 84,860 00 584,872 12 484,20000 Railroad m ortgage bonds___ 539,000 00 $1,528,780 18 $1,619,268 02 $1,478,112 ® —........ ........- ...................... ......... .- ......... B ank ing house and lo t, book value, $44,148,78; cost, $44,148.78; ■actual cash v a lu e ..................................................................................... Cash on deposit in banks or tru st com pan ies.................................. Cash o n hand .................. ........................................................................... T o ta l o f collectible in terest................................................................... A m ount o f all other assets, v iz .: R ent accru ed ............................. ' 1 ,4 7 8 ,1 1 2 83 4 4 ,1 4 8 8 5 ,4 1 0 10,603 6 0 ,553 127 78 37 64 29 08 $ 3 ,8 4 3 ,2 3 8 49 LIAB ILITIES P rin cip a l...........................................$ 3 ,5 2 7 ,1 0 4 17 A m oun t due depositors, v iz .: O ther lia b ilities, v iz .: Dividends accrued on deposits to January 1, 1919— Expenses incurred, but unpaid, v iz .: Taxes accrued .............................................................. . Elevator rent accrued................................................. $34,0® 56 2,561 40 75 00 -----------------Surplus o n -m a rk et v a lu e ........................................................................ 36, 672 96 275,461 36 $ 3 ,8 4 3 ,2 3 8 49 Surplus on par value, $330,128.71. C ASH T R A N SA C T IO N S D U R IN G TH E Y E A R 1918 RECEIPTS Cash on hand and irf banks or tru st com panies Janu ary 1, 1918, before transactions o f th e d a y .................. •........................... F rom depositors, n ot in cluding dividends cred ited .................... F rom interest on loans, deposits and investm ents......................... F rom rents fro m banking h ou se........................................................ F rom m o r t g a g e s ......................................................................................... F rom redem ption o f stocks and b on d s............................................... From stock s and bonds sold (to ta l p a r value, $ 1 3 2 ,1 5 0 )........... $42,094 942,932 189,309 724 114,260 116,113 132, 056 40 27 92 96 00 98 25 $1,537,491 78 A lbany C ounty 41 PAYMENTS T o depositors, including dividends paid to th em ........................... $ 1 ,1 8 0 ,6 1 3 62 F or loans on bonds land m ortga ges............................. , ...................... 11, 000 00 F or stocks and bonds purchased, including premiums, com m is sions, etc. (to ta l par value, $ 2 3 0 ,2 0 0 )......................................... 215,887 50 F or in terest (o th er than dividend paym ents to depositors) . . . . 776 30 F or cu rrent expenses o f the bank, v iz .: For salaries ...................................................................... $8,725 00 For taxes : Banking house, $1,250.77 ; surplus, $2,431.33; 3,735 10 on mortgages, $50.00....................................................... For expenses, except taxes o f banking h ouse: Repairs ......................................................................... 137 02 Insurance .................................................................... 180 36 Other .............................................................................. 1,993 36 For other expenses, not including expenses o f other read estate nor other expenses o f banking house.. 8,600 55 -----------------i g , 4 3 i 39 Other paym ents, v iz .: Insurance to adjust fire loss, over credit o f interest returned, cash short.................................................... $456 46 D eposit w ith subscription for bonds........................... 14,312 50 --------------------------------------- 14,768 90 Cash on hand and in banks or tru st com panies December 31, 1918, after transactions o f the d a y ................................................. 90,014 01 $ 1 ,53 7 ,4 9 1 78 S T A T IS T IC A L IN FO R M A TIO N Num ber o f open accounts January 1, 1919...................................... Num ber o f accounts opened o r reopened during the yea r. . . . Num ber o f accounts closed du rin g th e y e a r .................................... A m ount deposited durin g the year, n ot including dividends credited fo r th a t p e rio d ....................................................................... A m ount w ithdraw n during th e y e a r ............................................... A m oun t o f dividends credited and paid fo r the year, viz : A pril 1, 1918....................................................................... $70,953 31 68,755 34 October 1, 1918.................................................................... A verage am ount o f each account Janu ary 1, 1919......................... R ate per cent, o f dividends t o depositors during the six m onths ending M arch 31, 1918 ..................................................................... R ate per cent, o f dividends to depositors du rin g the six months ending Septem ber 30, 1918................................................................. T ota l earnings o f the bank fo r the yea r 1918, after allow in g fo r am ortization o f prem ium s and discou n ts...................................... T ota l expenses o f the bank fo r th e yea r 1918............................. D ividends paid t o depositors fo r th e year 1918............................... N et earnings fo r the yea r 1918 over expenses and dividends paid t o d e p o s it o r s ................................................................................... 6,7 15 1.394 1,442 $942,932 27 1 ,1 8 0 ,6 1 3 62 139,708 65 525 25 4 4 $1S3,517 38 18,627 88 139, 708 65 2 5 ,1 8 0 85 42 R eport 4. on S avings B anks ALBANY SAVINGS BANK, ALBANY [20 North Pearl street; incorporated 1820] MARCUS T. HUN, President. HENRY D. RODGERS, Treasurer. LEDYARD COGSWELL, Vlee-Pres. FREDERICK TOWNSEND, Secretary. TBOS. I. VAN ANTWERP, Vice-Pres. EDWARD J. TOOLE, Asst. Treasurer. TRUSTEES MARCUS T . HUN, FRED’ S TOWNSEND, T. I. VAN ANTW ERP, GRANGE SARD, JAMES F. TRACY, HENRY M. SAGE, LEDYARD COGSWELL, LUTHER H. TUCKER, E. N. HUYCK, EDWARD N. McKINNEY, GERRIT Y. LANSING, ROBERT C. PRUYN, ARTHUR W. ELTING. WM. V. R. BRVING, EDWIN CORNING, BENIAM IN W . ARNOLD, CHARLES E. MCELROY. F IN A N C IA L RESOURCES Bonds and m ortga ges.............................................................................. $ 2 1 ,6 1 0 ,0 7 1 00 S tock and bond investm ents, viz.: Par Original Estimated Stocks and bonds value cost market value Huffed States ..................... $2,291,646 00 $2,291,646 00 $2,291,64600 136,000 00 140,904 85 138,74000 State o f New York.................. State o f Massachusetts . . . . 50,000 00 55,160 00 43,50000 Cities in other states........... 2,240,500 00 2,410,368 78 2,173,97000 2,236,501 93 2,072,336SO Cities in this state.................. 2,088,375 00 Counties in this s ta te ........ 812,454 43 860,484 42 790,82034 Villages in this s t a t e ........ 10,000 00 10,987 50 9,90000 School districts in this sta te 69,300 00 71,292 00 71,92700 Railroad m ortgage b on d s.... 9,602,000 00 10,050,279 47 8,296,27000 $17,300,275 43 $18,127,633 96 $15,889,109 84 P rom issory n otes ....................................................................................... B anking house and lo t, book value, $225,000; cost, $395,039.30; actu a l cash v a lu e ................................................................................... O ther real estate, book value, $1,104,163.72; cost $1,104,163.72; a ctu a l ca d i value......................... ............................................ Cash on dep osit In banks o r tru st com panies............................... Cash on h a n d .............................................................................................. T ota l o f collectible in terest...................................................................... A m oun t o f a ll oth er assets, v iz .: Rent accrued .................................................................... $3,400 00 U. S. T h rift Stamps........................................................... 212 11 15, 880,1 0 9 84 4 ,1 0 0 00 2 2 5 ,0 0 0 00 9 7 2 ,8 4 6 1 ,2 9 9 ,7 3 8 2 2 7 ,4 4 3 334, 980 88 52 78 61 3 ,6 1 2 11 $40,567,802 74 L IA B IL IT IE S ......... ’ ................... A m oun t due depositors, v iz .: Principal ..............................................................................$37,406,420 79 Dividends credited or to be credited for the six months ending w ith December 31, 1918........................ 723,175 52 ------------------ $ 3 8 ,1 2 9 ,5 9 8 31 O ther lia b ilitie s: D eposits on account o f L ib erty Bonds p u r c h a s e d .................................................................................................... 5 7 ,3 2 2 89 Surplus on m arket v a lu e ....................................................................... 2 ,3 8 0 ,8 8 3 54 Surplus on par value, $3,792,049.13. $ 4 0 ,5 6 7 ,8 0 2 74 ......... :.;..... 1..... C ASH T R A N SA C T IO N S D U R IN G T H E Y E A R 1918 BECEIPTS Cash on hand and in banks o r tru st com panies Janu ary 1, 1918, before transactions o f the d a y ............................................... $ 2 ,0 2 7 ,4 6 5 F rom depositors, n ot in clud ing dividends cred ited ...................... 6 ,1 6 1 ,1 8 3 F rom interest on loans, deposits and investm ents.................... 1 ,8 2 5 ,6 6 6 From rents from other real esta te........................................................ 63 ,22 6 F rom m ortgages ....................................................................................... 8 23,362 F rom redem ption o f stocks and b on d s............................................... 1 ,1 4 5 ,3 2 7 F rom stocks and bonds sold (to ta l par value, $ 8 9 4 ,7 5 0 )......... 8 9 4 ,7 5 0 F rom loans p a id .......................................................................................... 100,000 F rom real estate s o ld ................................................................................. 1 36,500 94 12 77 70 00 82 00 00 00 43 A lbany C ounty From all oth er sources, viz.: Refund insurance premiums advanced, cash over, sale old m aterial.............................................................. Interest on W . S. S., exchange and refunds.............. Settlement o f claim ........................................................... Sale W ar Savings and T h rift Stamps........................ Partial payments on Liberty Bonds........................... $173 48 77 83 238 68 1,632 89 277,359 73 $2 7 9,3 8 2 61 $ 1 3 ,4 5 6 ,8 6 5 05 PAYMENTS T o depositors, in cluding dividends paid t o th em ............................. $ 7 ,8 3 9 ,1 9 8 4 1 8 ,1 5 0 For loans on bonds and m ortga ges.................................................... 4 ,1 0 0 F or loans on stocks and bonds and oth er secu rities.................... F o r stocks and bonds purchased, in cluding prem ium s, com m is sions, etc. (to ta l par value, $ 2 ,8 9 8 ,9 9 6 )...................................... 2 ,8 9 8 ,3 9 0 F or interest (o th er than dividend paym ents t o d e p o s ito r s )-----7 ,4 1 3 F or current expenses o f the bank, v iz .: For salaries ........................................................................ $49,081 90 For taxes : Banking house, $7,721.48; surplus, $20,481.89 28,203 37 For expenses except taxes o f banking house: Repairs ......................................................................... 3,398 59 Insurance .................................................................... 113 10 Other ............................................................................ 6,131 54 For expenses o f other real estate, v iz .: Repairs ......................................................................... 21,531 % Insurance .................................................................... 2,297 18 17,465 45 Taxes ........................................................................... Other ............................................................................ 26,893 77 For other expenses, not including expenses o f other 17,047 72 real estate nor other expenses o f banking house.. 172,154 F or real estate acquired by foreclosure, o r in settlem ent o f debts due the b a n k ................................................................................... 369,147 Other paym ents, v iz .: $232 27 Cash short and interest adjustm ents........................... Paid for W ar Savings and T h rift Stamps.................. 858 99 Payments, Liberty Bond account.................................. 220,036 84 221,128 Cash on hand and in banks o r trust com panies December 31, 1918, after transactions o f the d a y ................................................. 1 ,5 2 7 ,1 8 2 67 00 00 40 90 60 08 10 30 $ 1 3 ,4 5 6 ,8 6 5 05 S T A T IS T IC A L IN F O R M A T IO N Num ber o f open accounts January 1, 1919...................................... 5 2 ,8 2 0 Number o f accounts opened or reopeped du rin g the y e a r . . . . 5 ,667 Number o f accounts closed du rin g th e y e a r ...................................... 7,1 15 A m ount deposited du rin g the yeai-, n ot including dividends credited fo r th a t p e rio d ....................................................................... $ 6 ,1 6 1 ,1 8 3 12 A m ount w ithdraw n du rin g the y e a r ................................................. 7, 839,198 67 A m ount o f dividends credited and paid for the year, v iz .: July 1, 1918........................................................................... $727,881 52 January 1, 1919.................................................................... 723,175 52 Paid but not credited........................................................ 67 27 1 ,4 5 1 ,1 1 4 31 A verage am ount o f each account Janu ary 1, 1919.................... 721 88 Rate per cent, o f dividends to depositors during th e s ix m onths ending June 30, 1918......................................................................... 4 Rate per cent, o i dividends t o depositors durin g the six m onths ending December 31, 1918................................................................. 4 T ota l earnings o f the bank fo r the year 1918, after allow in g fo r am ortization o f prem ium s and discou n ts............................. .. $1,857, 199 55 Total expenses o f the bank fo r the year 1918............................. 172,386 87 D ividends paid to depositors fo r the yea r 1918........................... 1 ,4 5 1 ,0 5 7 04 N et earnings fo r the year 1918 over expenses and dividends paid to dep o sitors................................................................................... 233, 755 64 44 R eport 5. oh S avings B anks COHOES SAVINGS INSTITUTION, COHOES [65 Remsen street; Incorporated 1851] GEORGE H. MCDOWELL, President. GEO. R. WILSDON, Vice-President. JAMES W . ABLETT, Vice-President. CHARLES R. FORD, Treasurer. TRUSTEES GEO. H . MCDOWELL, JAMES W. ABLETT, GEORGE R. WILSDON. GEORGE A . HARPER, JOHN W. KLINE, JAMES AITKEN, JOHN LAUGHLIN, MERRITT D. HANSON, W ILLIAM D. BOSWELL, CHARLES R. FORD, ISAIAH FELLOWS, JAMES S. CALKINS, JOHN F. MCGARRAHAN, CHARLES L. M ITCH ELL W ILLIAM J. ELLIOTT, NAPOLEON FAVREAU, JOHN F. SCOTT. F IN A N C IA L RESOURCES Bonds a n d m ortga ges................................................................................. $ 1 ,7 0 7 ,7 4 2 00 S tock and bond investm ents, v iz .: Original Estimated Par Stocks and bonds value market value cost 1467,350 00 $464,334 40 United States ........................ $467,350 00 19,181 40 19,000 00 State o f C alifornia............... 20,000 00 606,436 07 Cities In other States........... 581,000 00 577,950 00 640,306 42 Cities in this State............... 648,778 52 627,293 57 Counties in this State.......... 15,000 00 16,864 50 14,850 00 20, m 00 Towns In this State............... 20,000 00 19,570 00 119,909 71 109,940 46 Villages in this State........... 112,854 00 School districts in this State 6,000 00 6,088 00 6,000 00 526,350 00 Railroad mortgage bonds— 610,000 00 610,827 98 $2,472,510 42 $2.512,463 58 $2,368,392 03 2 ,3 6 8 ,3 9 2 03 Banking bouse and lo t, book value, $25,000; cost, $55,770.49; actu al cash v a l u e ................................................................................... Cash on deposit in banks o r tru st c o m p a n ie s .................................. Gash on. h a n d ................................................................................................ T o ta l o f collectib le interest ................................................................. 2 5 ,0 0 0 172,252 1 5 ,27 2 4 0 ,9 7 0 00 32 11 69 $ 4 ,3 2 9 ,6 2 9 15 LIAB ILITIES A m oun t due depositors, v iz .: Principal .............................................................................$3,937,643 68 D ividends credited or to be credited fo r the six months ending w ith December 31, 1918..................... 74,483 72 ------------------ $ 4 ,0 1 2 ,1 2 7 40 Surplus on m arket valu e ...................................................................... 317,501 75 $ 4 ,3 2 9 ,6 2 9 15 Surplus on pa r value, $421,620.14. C A SH T R A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS Cash o n hand a nd in banks o r tru st com panies Janu ary 1, 1918, before tran saction s o f th e d a y ........................................................ $1 1 7,7 6 0 97 F ro m depositors, n o t in clud ing dividends cred ited ......................... 915,031 21 F r a n in terest o n loans, deposits and investm ents........................... 193,353 79 F rom m ortgages .................................................................................. 169,043 00 F rom redem ption o f stocks and b on d s............................................... 171,8 9 9 17 F rom stock s and bonds sold (to t a l par value, $ 3 1 9 ,4 4 5 )............... 3 2 1 ,8 2 0 00 F r a n loans p a i d ................ ......................................................................... 15,285 00 F rom a ll oth er sources, v iz .: Pocket bank deposits........................................................ $56 0® Cash over ........................................................................... 140 00 -------------------------------------- 198 00 $ 1 ,9 0 4 ,3 8 9 14 A lbany C ounty 45 PAYMENTS $932,614 28 T o depositors, in clu d in g dividends paid t o t h e m ......................... 8 3 ,13 0 00 F or loans on bonds and m ortgages .................................................... 1 5,285 00 F or loans on stocks and bands and other s e c u r it ie s ................ For stocks and bonds purchased, in cluding prem ium s, com m is 6 6 2 ,4 7 0 40 sions, etc. (to ta l p a r value, $ 6 6 5 ,4 8 6 )........................................... 2 ,2 0 7 12 F or interest (o th er than dividend paym ents t o d e p o s ito r s )-----F or current expenses o f the bank, v iz .: F or salaries ....................................................................... $10,604 00 For taxes : Banking house, $700.66; surplus, $2,232 40; 2,935 46 on m ortgages, $2.50......................................................... F or expenses, except taxes, o f banking h ouse: R ep a irs................................................................................. 12687 Insurance ...................................................................... 17997 O th e r.................................................... 2,80106 For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. 4,510 55 2 1 ,15 7 91 Cash an hand and in banks or tru st com panies December 31, 187,524 43 1918, a fte r transactions o f the d a y ......... ..................................... $ 1 ,9 0 4 ,3 8 9 14 S T A T IS T IC A L IN FO R M A TIO N Num ber o f open accounts January 1, 1 9 1 9 ...................................... Number o f accounts opened o r reopened during the y e a r ........... Num ber o f accounts closed du rin g th e y e a r .................................. A m oun t deposited du rin g th e year, n o t in clud ing dividends credited f o r th a t period ..................................................................... A m ounts w ithdraw n du rin g th e year ............................................... Am ount o f dividends credited and paid fo r the year, v iz .: July 1, 1918........................................................................... $73,609 24 74,483 72 January 1, 1919.................................................................... A verage am ount o f each account Ja n u a ry 1, 1919 .................... R ate per cent, o f dividends t o depositors du rin g the s ix m onths ending June 30, 1918 .......................................................................... R a te per cent, o f dividends t o depositors du rin g th e six m onths ending Decem ber 31, 1918................................................................. T ota l earnings o f th e bank fo r the year 1918, a fter allow in g fo r am ortization o f prem ium s and discou n ts............................. T ota l expenses o f th e ta n k fo r th e yea r 1918............................... D ividends paid to depositors for th e yea r 1918............................. N et earnings fo r th e yea r 1918 o v e r expenses and dividends pa id to depositors ................................................................................ 9, 679 2 ,6 9 0 1,919 $915,031 21 932,6 1 4 28 148.092 96 414 52 4 4 $189,787 02 2 1 ,15 7 91 148.092 96 20 ,53 6 15 46 R eport of S avings B anks 6. HOME SAVINGS BANK OF THE CITY OF ALBANY, ALBANY [13 North Pearl street; Incorporated 1871] THOMAS AUSTIN, President. ARTHUR H. GEER, Treasurer. SAMUEL L. MUNSON, Vice-President. FREDERICK W. W HITE, Asst. Treasurer. HOWARD N. FULLER, Vice-President. J. EDWARD POOLE, Secretary. TRU STEES THOMAS AUSTIN, GEORGE W. McEWAN, W. W. BATCHELDEB, DAVID A. THOMPSON, W ILLIAM MCDONALD, GEO. W. VAN SLYKB, SAMUEL L. MUNSON HOWARD N. FULLER, SILAS SPORBORG, NOEL S. BENNETT, THOMAS R. WARD, Jr., JAMES E. GLAVIN, W ILLIAM SAYLBS. HILDRETH J. ACKROYD, WM. T. BYRNE, M. W . TEBBUTT, J. EDWARD POOLE, E. A. VON SALIS. F IN A N C IA L RESOURCES B onds and m ortga ges.......................................................... $ 0 ,3 3 3 ,3 0 6 87 Stocks and bon d investm ents, v iz .; Par Original Estimated Stocks and bonds cost value market value United States .................. $280,100 00 $280,100 00 $280,100 00 State o f Colorado........... 20,200 00 20, 15,554 00 State o f Tennessee........ 19,497 04 19,304 00 19,798 39 State o f New M exico__ 30,000 00 30,482 40 30,300 00 State o f Louisiana........ 8,000 00 8,242 40 8,480 00 Cities in other States........... 332,866 38 354,791 49 345,926 85 Cities in this State............... 341,826 23 342,560 44 357,891 31 Counties in this State........ 8,000 00 7,863 44 7,750 00 25,870 17 25,281 10 Towns in this State............ 25,240 00 Villages in this State............ 152,140 00 152,272 90 158,820 28 80,502 80 School districts in this State 76,572 46 76,977 60 R ailroad m ortgage b on d s.... 2,555,742 00 2,600,665 69 2,278,978 12 mm $3,849,790 06 $3,846,227 77 $3,583,618 05 P rom issory notes ..................................................................................... B anking house and lot, book value, $100,000; cost, $100,987.57; actu al cash v a lu e..................................................................................... O ther rea l estate, book value, $26,084.29; cost, $26,883.29; actual cash v a lu e ..................................................................................... Cash on dep osit in banks or tru st com panies.................................. Cash on h a n d ................................................................................................ T o ta l o f collectible in terest................................................................... A m ou n t o f a ll oth er assets, v iz .: Rent accrued .................................................................... $329 98 Insurance premiums and taxes advanced.................. 4,633 55 3 ,5 8 3 ,6 1 8 05 7 ,9 0 2 42 100,000 00 2 6 ,08 4 625,789 9 ,5 0 9 94 ,92 2 29 98 12 32 4 ,9 6 8 53 $ 1 0 ,7 8 6 ,1 5 6 58 LIAB ILITIES A m oun t d u e depositors, v iz .: P rin cip a l ................................................................... $ 9 ,7 9 6 ,0 6 2 24 D ividends credited or t o be credited for the s ix m onths ending w ith December 31, 1918 1 88,252 44 -------------------------- $ 9 ,9 8 4 ,3 1 4 68 Other lia b ilities, v iz .: Dividends accrued on deposits to January 1, 19J9— $352 90 Expenses incurred, but unpaid, v iz .: Advertising ................................................................. 170 95 E lectricity .................................................................... 26 00 -------------------------------------- 548 85 Surplus on m arket v a lu e ...................................................................... 801,293 05 $ 1 0 ,7 8 6 ,1 5 6 58 Surplus on par value, $1,067,465.06. —....C A S H T R A N S A C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS Cash on hand and in banks or tru st com panies January 1, 1918, before transactions o f th e d a y ................................................ 702,249 13 F rom depositors, n o t in clu d in g dividends cred ited ....................... 1 ,9 6 4 ,3 6 0 88 F rom interest on loans, deposits and investm ents......................... 5 2 6 ,5 1 8 36 F rom rents from banking h ou se............................................................. 7 ,1 2 0 82 F rom rents fro m oth er real e sta te...................................................... 2 ,3 1 2 00 A lbany County 47 From m ortgages ......................................................................................... $426,060 70 From redem ption o f stocks and b on d s............................................... 446,162 42 F rom stocks and bonds sold (to ta l par value, $ 7 7 5 ,7 0 8 )............. 752,0 8 4 45 From loans paid ................................................................................... 51,501 81 F rom real estate sold ............................................................................. 12,091 14 From all other sources, viz.: Insurance premiums and taxes advanced, refunded.. $3,666 92 Adjustm ent o f depositor’s account, appraisal expense refunded, rent................................................................. 164 23 Profit on sale o f bonds................................................... 792 00 -------------------------------------- 4 ,6 1 3 15 PAYMENTS $ 4 ,8 9 5 ,0 7 4 81 ............................... T o depositors, including dividends paid to th em ......................... $ 2 ,5 3 7 ,4 0 3 44 F or loans on bonds and m ortga ges...................................... 6 9,012 57 F o r loans on stocks and bonds and other secu rities...... 42 ,24 3 18 F or stocks and bonds purchased, in clud ing prem ium s, com m is sions, etc. (to ta l par value, $ 1,375,386.54).............................. 1 ,5 4 8 ,4 1 8 86 F o r interest (oth er than dividend paym ents to d e p o s ito r s ). . 5 ,3 3 9 57 F o r current expenses o f the bank, v iz .: For salaries ....................................................................... $19,174 36 For taxes : Banking house, $2,886.84; surplus, $6,536.76 9,423 60 For expenses, except taxes o f banking house: R epa irs........................................................................... 119 17 Insurance .................................................................... 74 28 Other .............................................................................. 4,642 74 For expenses of other real estate, v iz .: Repairs ........................................................................... 525 57 T a x e s .............................................................................. 908 89 Other ............................................................................ 114 60 For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. 8,880 28 -------------------------------------- 4 3 ,8 6 3 49 F o r real estate acquired b y foreclosure, or in settlem ent o f debts due the b a n k ........................................................... 5 ,1 3 5 28 Other paym ents, v iz .: Insurancepremiums, repairs and taxes advanced.. $7,86184 Assessment and cash short........................................... 230 26 Tax adjustment on real property sold...................... 207 22 -------------- — 8 ,2 9 9 32 Cash on hand and in banks o r trust com panies December 31, 1918, after tran saction s o f the d a y ............................................... 6 3 5 ,3 5 9 10 $ 4 ,8 9 5 ,0 7 4 8 f S T A T IS T IC A L IN F O R M A T IO N = = = = = = = = N um ber o f open accounts January 1, 1919...................................... 15,087 N um ber o f accounts opened or reopened du rin g the y e a r . . . . 2 ,2 3 3 Num ber o f accounts closed during the y e a r .................................... 2 ,1 4 8 A m oun t deposited du rin g the year, n ot in cluding dividends credited fo r th a t p e r io d ........................................................................ $ 1 ,9 6 4 ,3 6 0 83 A m ount w ithdraw n during the y e a r ................................................... 2 ,5 3 7 ,4 0 3 44 A m oun t o f dividends credited and paid fo r the year, viz.: July 1, 1918........................................................................... $190,235 98 January 1, 1919.................................................................... 188,252 44 Credited at other periods................................................. 1,566 58 -----------------3 80,054 00 Average am ount o f each account Janu ary 1, 1919......................... 665 88 R ate per cent, o f dividends to depositors durin g the s ix m onths ending June 30,1918.............................................................................. 4 R ate per cent, o f dividends to depositors durin g the s ix m onths ending December 31, 1918.............................................................. 4 T ota l earnings o f the bank fo r the yea r 1918, after a llow in g fo r am ortization o f prem ium s and d iscou n ts............................... $554,737 40 T o ta l expenses o f th e bank fo r the year 1918 .................................. 4 5 ,09 8 62 Dividend® paid to depositors for the year 1918............................. 380,054 00 N et earnings fo r the year 1918 over expenses and dividends paid to depositors ................................................................................ 129,584 78 48 R eport on S ayings B anks 7. THE MECHANICS & FARMERS SAYINGS BANK, ALBANY [63 State street; incorporated 18551 DUDLEY OLCOTT, President. ROBERT OLCOTT. Treasurer. CHARLES NEWMAN, Vice-President. CLARENCE W . STEVENS, Secretary. IRA F. JAGGER, Assistant Treasurer. T R U ST E E S DUDLEY OLCOTT. JAMES McCREDIE, CHARLES NEWMAN, NATHAN HATCH, EDWARD W. VISSCHER. PARKER CORNING, ROBERT OLCOTT, W ILLARD M. DOUGLAS, W. L. L. PELTZ, A. PAGE SMITH, CHARLES H . DOUGLAS, JOHN T . NORTON, WALTER L. PALMER, F IN A N C IA L RESOURCES Bonds and m ortgages .............................................................................. Stock and bond investm ents, v iz .: Par Original Estimated Stocks and bonds value cost market value United States ........................ ?193,500 00 $193,334 00 $193,346 00 State o f New Y ork.............. 25,000 00 25,005 40 25,250 00 State o f M assachusetts....... 25,000 00 25,375 00 21,780 00 Cities in other S ta te .......... 391,000 00 416,570 07 376,776 00 Cities in this State.............. 502,000 00 523,376 65 466,8® 00 Counties in this State........ 14,000 00 14,000 00 13,600 00 Villages in this State........... 29,000 00 29,894 88 29,190 00 Railroad m ortgage b on d s.... 621,000 00 679,977 50 636,190 00 $1,800,500 00 $1,907,623 60 $1,662,966 00 -............ - ...... ......... ........... ......... Cash on deposit in banks or tru st com panies.................................. T o ta l o f collectible interest ................................................................... $805,881 89 1 ,6 6 2 ,9 6 6 09 170,865 12 2 9 ,71 3 69 $ 2 ,6 6 9 ,1 2 6 70 LIAB ILITIES A m ou n t due depositors, v iz .: P r in cip a l............................................. $ 2 ,2 6 1 ,5 6 7 57 O ther lia b ilities, v iz .: D ividends accrued on deposits to Ja n u a ry 1, 1919.............................................................................................. 2 1 ,5 5 0 00 Su rplu s on m arket v a lu e....................................................................... 3 86,009 13 $ 2 ,6 6 9 ,1 2 6 70 Surplus on par value, $523,543.13. CASH T R A N SA C TIO N S D U R IN G T H E YEAR 1918 RECEIPTS Cash on hand and in banks or tru st com panies J anu ary 1, 1918, before transactions o f the d a y ............................................. F rom depositors, n ot in cluding dividends cred ited ......................... F rom interest on loans, deposits and investm ents......................... F ro m m ortgages ....................................................................................... Frofri redem ption o f stocks and b on d s............................................... F ro m stocks and bonds sold (to ta l pa r value, $ 7 3 ,0 0 0 ).............. F rom rea l estate sold ..................................................... $181,147 426,6 2 4 117,593 5 3 ,0 8 5 96,717 70,561 6 ,0 63 20 11 91 00 37 80 05 $951,792 44 PAYMENTS T o dep ositors, including dividends paid t o th e m ......................... F o r loans on bonds and m ortg a g es...................................................... F o r stock and bonds purchased, in clud ing prem ium s, com m is sions, etc. (to ta l par value, $175,(WO)........................................... $586,288 96 500 00 1 7 5 ,(WO 00 49 A lbany C ounty F o r cu rrent expenses o f the bank, v iz .: For salaries .................................................................... F or ta x es: 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 ouse.. $4,550 00 3,757 96 3,000 00 922 89 $ 12,230 85 F o r real estate acquired b y foreclosure, or in settlem ent o f debts due the b a n k .............................................................................. Other paym ents, v iz .: U. S. W ar Savings stam ps.............................................. $834 00 Adjustm ent o f interest................................................... 10 46 6 ,0 6 3 05 844 40 Cash on hand and in banks or tru st com panies December 31, 1918, after transactions o f the d a y ................................................. 170,865 12 $951,792 44 S T A T IS T IC A L IN FO R M A TIO N Num ber o f open accounts Janu ary 1, 1919...................................... Number o f accounts opened or reopened du rin g the y e a r ......... N um ber o f accounts closed durin g the y e a r .................................. A m oun t deposited du rin g the year, n ot including dividends credited fo r th a t p e r io d ..................................................................... A m ount w ithdraw n during the y e a r ................................................... A m ount o f dividends credited and paid fo r the year, v iz .: April 1, 1918........................................................................ $44,294 15 October 1, 1S18.................................................................... 43,344 55 Credited at other periods.............................................. 10 46 Average am ount o f each account January 1, 1919......................... R ate per cent, o f dividends to depositors during the six m onths ending M arch 31, 1918.......................................................................... R ate per cent, o f dividends to depositors du rin g the six months ending Septem ber 30, 1918................................................................. T ota l earnings o f the bank fo r the yea r 1918, a fter allow ing fo r am ortization o f premiums and d iscou n ts............................... T ota l expenses o f the bank fo r the year 1918.................................. D ividends paid to depositors for the year 1918............................. N et earnings fo r the year 1918 over expenses and dividends pa id to depositors .............................................................................. 4 ,0 3 0 389 500 $420,624 11 586,288 96 8 7.649 16 560 34 4 and 3 % 4 and 3 % $111,667 81 12,230 85 87.649 16 11,787 80 50 R eport 8. oh S avings B anks MECHANICS’ SAYING BAN S, COHOES [89-91 Remsen street; incorporated 1873] RODNEY W ILCOX, President. GBORGB OLIVER, Vice-President. RODNEY W ILCOX, C. J. GRIFFIN, FRANK TBSSIER, EDWARD FOLEY, JAMBS S. CLUTE, j o h n e . Ma c l e a n , JAMBS S. CLUTE, Treasurer. G. W. HUMPHREYS, Secretary. T R U ST E E S G. W . HUMPHREYS, W m B. L b ROY, GBORGB OLIVER, W ILLIAM B. THORN, ANDREW SCOTLAND, RICHARD BOLTON, JOHN F. REAVY. JAY GILBERT, THOS. H. SPRAGUE, HENRY L. SHAVER. S. T. PAGE. M. J. KEOUGH. FINAN1CIAD RESOURCES Bonds and m o r t ^ g e s ............................. $ 1 ,0 4 0 ,1 1 5 00 S tock and bond investm ents, v iz .: Original Estimated Par Stocks and bonds value cost market value 3223,650 00 3223,650 00 United States ........................ 3223,650 00 Cities in other States........... 59,500 00 63,968 75 60.665 00 Cities in this State............... 105,910 00 103,688 50 108,181 93 14.665 00 14,780 00 14,645 90 Towns in this State............... Villages in this State............ 47,380 00 48,945 34 46,956 20 School districts in this State 10,000 00 11,284 00 10,450 00 Railroad m ortgage bonds— 431,000 00 367,210 00 421,973 97 3892,220 00 3892,649 89 3827,284 70 827,2 8 4 70 Other real estate, book value, $12,400; cost, $13,738.57; aetual cash valu e .............................................................................................. Cash on deposit in banks or tru st com pan ies.................................. Cash on hand ............................................................................................ T o ta l o f collectible in terest...................................................................... 1 2 ,4 0 0 121,7 8 8 2 0 ,8 6 2 3 3 ,3 6 5 00 16 47 35 $ 2 ,0 5 5 ,8 1 5 68 LIAB ILITIES A m oun t due depositors, v iz .: Principal ............................................................................. 31,892,985 33 Dividends credited or to be credited for the six months ending w ith December 31, 1918..................... 35,149 59 ------------------ $ 1 ,9 2 8 ,1 3 4 92 Surplus on m arket v a lu e ........................................................................ 1 2 7 ,6 8 0 76 $ 2 ,0 5 5 ,8 1 5 68 Surplus on par value, $192,616.06. C A S H T R A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS Cash on hand and in banks or tru st com panies Janu ary 1, 1918, b efore tran saction s o f the d a y ............................................. P rom depositors, n ot in cluding dividends cred ited .................... P rom interest on loans, dep osits and investm ents......................... F rom rents from oth er real esta te...................................................... P rom m ortgages ....................................................................................... F rom redem ption o f stocks and b on d s............................................... P rom stocks and bonds sold (to t a l pa r value, $ 1 1 5 ,0 5 0 )............ F rom a ll oth er sources, v iz .: B ills payable, loan.............................................................. 350,<WO 00 U. S. T h rift Stamps........................................................... 790 00 $91,527 580,841 93,447 1 ,5 4 5 9 3 ,0 5 2 113,7 6 0 1 15,050 36 77 59 00 00 00 00 5 0 ,7 9 0 00 $1, 140,013 72 51 A lbany C ounty PAYMENTS T o depositors, in cluding dividends paid to th em ........................... F or loans on bonds and m ortga ges........................................................ Bonds purchased, including prem ium s, com m issions, etc. (to ta l par value, $ 3 4 8 ,2 5 1 )................................................................. F o r interest (oth er than dividend paym ents to d e p o s ito r s ). . . F o r current expenses o f th e bank, v iz .: For salaries ....................................................................... $8,317 00 For ta x es: Surplus, $748.76; on mortgages,$10.00........ 7® 76 F or rent o f banking room s.............................................. 1,200 00 F or expenses o f other real estate, v iz .: Repairs ......................................................................... 656 48 154 70 Insurance .................................................................... Taxes .............................................................................. 332 18 Other .............................................................................. 34 99 F or other expenses, not Including expenses o f other real estate nor other expenseso f bankinghouse.. 3,145 05 $577,214 63 6 ,8 0 0 00 348,251 00 1,707 30 1 2,600 16 Other paym ents, v iz .: Loan paid ........................................................................... U. S. T h rift stam ps........................................................... $50,000 00 790 00 5 0 ,79 0 00 Cash on hand and in banks or tru st com panies December 31, 1918, after transactions o f the d a y ................................................. 142,650 63 $ 1 ,1 4 0 ,0 1 3 72 S T A T IS T IC A L IN F O R M A T IO N Number o f open accounts January 1, 1919...................................... N um ber o f accou nts opened or reopened during the y e a r ........... N um ber o f accounts closed du rin g the y e a r .................... ............. A m oun t deposited during the year, n ot in cluding dividends credited fo r th a t p e rio d ....................................................................... A m oun t w ithdraw n during th e y e a r .................................................... A m ount o f dividends credited and paid fo r the year, v iz .: July 1, 1918........................................................................... $34,642 12 January 1, 1919.................................................................... 35,149 59 A verage am ount o f each account Janu ary 1, 1919......................... R ate per cent, o f dividends to depositors during the s ix m onths ending June 30, 1918............................................................................ R ate per cent, o f dividends to depositors du rin g the six m onths • ending Decem ber 31, 1918............................................................ .. T ota l earnings o f the bank fo r the year 1918, a fter allow in g fo r am ortization o f prem ium s and discou n ts............................. T ota l expenses o f the bank fo r the year 1918.................................. D ividends paid to depositors fo r the year 1918......................— Net earnings fo r the year 1918 over expenses and dividends pa id to depositors ................................................................................ 4 ,2 8 5 1,4 82 962 $580,841 77 577,214 63 69.791 71 449 97 4 4 $94,223 32 13,898 77 69.791 71 10,532 84 52 9. K eport on S avings B anks THE NATIONAL SAVINGS BANK OF THE CITY OF ALBANY, ALBANY [70-72 State street; Incorporated 1868] JAMES H. MANNING, President. CHARLES GIBSON, Vice-President. FREDERIC B. STEVENS. Treasurer. EDWARD J. HUSSEY, Vice-President. TRUSTEES JAMES H. MANNING, JONAS MUHLFELDER, W. M. WOODWARD, CHARLES GIBSON, EDWARD J. HUSSEY, JAMES F. MAAS. FRANK SHERMAN, SYDNEY T . JONES, THOMAS A . HORTON, EDWIN L. DRAPER, FREDERIC B. STEVENS, EDGAR M. HAINES, CHARLES M. STUART. JOHN ALLEN JAMISON, J b. ITNANICIAL RESOURCES Bonds and m ortgages ....................... S tock and bond investm ents, v iz .: Original Estimated Stocks and bonds value cost market value United States ........................ $932,600 00 $932,600 00 $932,600 00 55,000 00 State o f New York............... 60,000 00 63,662 50 State o f Louisiana............... 180,000 00 178,236 00 185,400 00 522,643 78 Cities in other States........... 493,000 00 603,083 60 506,690 66 498,981 00 Cities in this State............... 489,400 00 80,364 40 81,918 38 Counties in this State........ 79,000 00 69,563 10 68,256 00 Towns in this State............... 67,900 00 280,600 00 Villages in this State........... 289,863 48 284,670 30 43,776 16 School districts in this State 42,985 00 43,366 60 2,749,490 00 Railroad m ortgage bonds— 2,885,000 00 2,994,262 68 $6,500,485 00 $6,673,016 74 ,5 7 5 ,1 3 8 00 $5,401,211 90 P rom issory notes ....................................................................................... B anking house and lot, book value, $145,000; cost, $151,386.46; actu al cash value ................................................................................... Other real estate, b ook value, $ 8 ,5 5 9 .31-2; cost, $8,559.32; actu al cash value ...................................... .......................................... Cash on deposit in banks or tru st com panies.................................... Cash on h a n d ................................................................................................ T o ta l o f collectible in t e r e s t ................................................................... A m ou n t o f a ll other assets, v iz .: Deposit against Liberty Bond installm ent payments $109,207 31 846 00 U. S. W ar Savings Stamps.............................................. 5 ,4 0 1 ,2 1 1 90 1 ,6 90 00 145,000 00 8 ,5 5 9 5 5 8 ,1 1 6 6 0 ,3 9 4 167,585 32 17 73 87 110,053 31 $ 1 5 ,0 2 7 ,7 4 9 30 LIAB ILITIES A m ou n t due depositors, v iz .: Principal ..............................................................................$13,684,921 34 Dividends credited or to be credited for the six months ending w ith December 31, 1918..................... 265,843 59 ------------------ $ 1 3 ,9 5 0 ,7 6 4 92 Other lia bilities, v iz .: L ibertv bond dep osits.................................. 109,207 31 Surplus on m arket v a lu e.......................................................................... 9 67,777 06 $ 1 5 ,0 2 7 ,7 4 9 30 Surplus on par value, $1,067,050.16. C ASH T R A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS Cash on hand and in banks or tru st com panies Janu ary 1, 1918, b efore transactions o f the d a y ............................................... F rom depositors, n ot in cluding dividends cred ited .................... From interest o n loans, deposits and investm ents.................... F rom rents from other real e sta te...................................................... F rom m ortgages ......................................................................................... F rom redem ption o f stocks and b on d s............................................... $530,561 2 ,8 2 1 ,3 0 9 716,671 120 583,835 6 4 3 ,5 3 0 02 97 34 00 43 00 A lbany C ounty From stocks and bonds sold (to ta l par value, $ 6 2 7 ,1 0 0 )........... From loans p a i d ......................................................................................... F rom a ll oth er sources, v iz .: Cash over, sale o f equipment and old material, sundries .......................................................................... $574 15 P rofit on bonds sold........................................................... 84 97 Difference between par value and purchase price of bonds ................................................................................. 2,133 40 53 $627,407 88 17,385 80 2 ,7 9 2 52 $ 5 ,9 4 3 ,7 0 3 96 PAYMENTS T o depositors, in cluding dividends paid to th em ......................... $ 3 ,4 8 9 ,3 0 6 99 F or loans on bonds and m ortga ges.................................................... 424,9 0 8 43 F or loans on stocks and bonds and oth er securities....................... 19,075 80 F or stocks and bonds purchased, in cluding premiums, com m is sions, ete. (to ta l par value, $ 1 ,3 3 0 ,4 5 0 )...................................... 1 ,3 3 0 ,4 7 9 64 F or interest (oth er than dividend paym ents to d e p o s ito r s ). . . 6 ,8 9 5 01 F or current expenses o f the bank, v iz .: For salaries ....................................................................... $23,680 01 For taxes : Banking house, $3,285.12 ; surplus, $5,926.63 • on m ortgages, $85.75........................................................ 9,297 50 For expenses, except taxes, o f banking house: Repairs ......................................................................... 203 90 Insurance .................................................................... S3 21 For expenses o f other real estate, v iz .: Insurance ...................................................................... 9 45 Taxes .............................................................................. 191 13 Other .............................................................................. 16 15 For other expenses, not including expenses o f other real estate nor other expenses o f banking house— 16,067 06 -------------------------------------- 49 .54 8 41 F or real estate acquired b y foreclosure, or in settlement o f debts due the b a n k ................................................................................. 3 ,5 3 3 58 Other paym ents, v iz .: U. S. W ar Saving Stamps purchased........................... $824 00 621 20 Cash short and sundries................................................. -------------------------------------- 1 ,4 45 20 Cash on hand and in banks or tru st com panies December 31, 1918, after transactions o f the d a y ................................................. 618,510 90 $ 5 ,9 4 3 ,7 0 3 96 S T A T IS T IC A L IN F O R M A T IO N Num ber o f open accounts Janu ary 1, 1919...................................... 20,108 Num ber o f accounts opened or reopened du rin g the y e a r ............ 3 ,2 09 N um ber o f accounts closed du rin g the y e a r .................................... 4 ,0 6 2 A m oun t deposited du rin g the year, n ot including dividends credited fo r that p e r io d ..................................................................... $ 2 ,8 2 1 ,3 0 9 97 A m oun t w ithdraw n durin g the y e a r ................................................... . 3 ,4 8 9 ,3 0 6 99 A m ount o f dividends credited and paid fo r the year, v iz .: July 1, 1918........................................................................... $267,332 14 January 1, 1919................................................................... 265,843 59 -----------------533,175 73 Average am ount o f each account Janu ary 1, 1919.................... 693 79 R a te per cent, o f dividends to depositors durin g the six m onths ending June 30, 1918............................................................................ 4 R ate per cent, o f dividends to depositors durin g the six m onths ending Decem ber 31, 1918................................................................... 4 T ota l earnings o f the bank fo r the y ea r 1918, a fter a llow in g fo r am ortization o f prem ium s and d iscou n ts............................... $701,553 79 T ota l expenses o f the bank fo r the year 1918.................................... 4 9 ,5 4 8 41 D ividends paid t o depositors fo r the year 1918............................. 5 3 3 ,1 7 5 73 N et earnings fo r the year 1918 over expenses and dividends paid t o depositors ................................................................................ 118,829 65 B R O N X C O U N TY 10. THE BRONX SAVINGS BANE; NEW YORK CITY [429 Tremont avenue; incorporated 1906] W ILLIAM B. AITKEN, President. T . TASSO FISCHER, Com ptroller. CHAS. H. SCHUMANN. Vice-President. F. BRBVOORT ALLIN, Secretary. JOHN F. HOLMES, Vice-President. W ILLIAM E. STEVENS, Treasurer. LIVINGSTON WETMORE, Vice-President. WM. L. CUNNINGHAM, Asst. Treas. W ILLIAM B. AITKEN, F. BREVOORT ALLIN, CLIFTON B. BULL, WM. I. BROWN, NELSON F. GRIFFIN, T R U ST E E S JOHN F. HOLMES, CHAS. II. SCHUMANN, W ILLIAM E. STEVENS, H. P. HARRINGTON, JOHN S. SUTPHEN, J. OSTRAM TAYLOR. LIVINGSTON WETMORE, T . TASSO FISCHER, ARTHUR M. KAN®, THOS. A. NOSWORTHY. WM. L, DENNIS, F IN A N C IA L RESOURCES Bonds and m ortgages ............................................................ ................. $ 1 ,2 9 3 ,4 6 6 42 S tock a nd bond investm ents, viz.: Par Original Estimated Stocks and bonds value cost market value $283,850 00 $289,85000 United States ........................ $289,850 00 Cities in other States........... 146,500 00 147,360 06 146,29527 127,022 08 135,40000 138,241 00 Cities in this State.............. 2,537 49 2,50000 Villages in this State........... 2,500 00 395,523 51 369,02000 Railroad m ortgage bonds__ 403,000 00 $979,090 00 $972,293 14 $943,066 27 ......— - .....— Other real estate, book value, $6,535.71; cost, $6,535.71; actu al cash va lu e ................................................................................. Cask on deposit in banks or tru st com panies................ Cash o n hand .......................................................................................... T o ta l o f collectible in terest.................................................... A m ou n t o f a ll oth er assets, v iz .: V ault and fix tu res................ *J43,065 27 6 ,5 3 5 317,002 21 ,56 7 2 0 ,8 5 6 1 ,0 0 0 71 10 75 28 00 $ 2 ,6 0 3 ,4 9 3 53 LIABILITIES A m oun t due depositors, v iz .: Principal ............................................................................. $2,422,994 41 Dividends credited or to be credited for the six months ending w ith December 31, 1918..................... 39,267 83 ------------------ $ 2 ,4 6 2 ,2 6 2 24 O ther lia b ilities, v iz .: L iberty Bqnd d ep osits............................. 93 ,57 7 00 Surplus on m arket v a lu e....................................................................... 4 7 ,65 4 29 $ 2 ,60 3 ,4 9 3 53 Surplus on par value, $83,679.02. C A SH T R A N SA C TIO N S D U RIN G TH E Y E A R 1918 RECEIPTS Cash on hand and in banks or trust com panies January 1, 1918, before transactions o f the d a y ............................................... From depositors, n o t including dividends cred ited ....................... From interest on loans, deposits and investm ents...................... F rom m ortgages ........................................................................................ From redem ption o f stocks a n d b on d s............................................. F rom stock s and bonds sold (to ta l par value, $ 1 4 0 ,9 5 0 )............ [5 4 ] $153,005 1 ,5 00 ,4 8 1 107,265 51 ,05 6 4 6 6 ,5 2 4 140,950 80 68 33 66 40 00 55 B ronx County From a ll oth er sourees, v iz .: Cash over, adjustm ents and corrections..................... Rebate in foreclosure action ......................................... Liberty Bond installm ent payments by subscribers.. $243 79 100 00 302,128 00 ------------------ $3 0 2 , m 79 $ 2 ,7 2 1 ,7 5 5 66 PAYMENTS T o depositors, in cluding dividends paid t o th em .........................$ 1 ,0 5 1 ,3 4 8 58 193,166 66 F or loans o n bonds and m ortgages ................................................. F or stocks and bunds purchased, including prem ium s, com m issions, etc. (to ta l par value, $649,4 5 0 .2 3 )............................. 630,722 88 For in terest (oth er than dividend paym ents t o d e p o s ito r s ). . 3, 729 46 F or cu rrent expenses o f to e bank, v iz .: For salaries ...................................................................... $10,936 55 For rent o f banking room s............................................. 3,666 69 For expenses o f other real estate................................. 61 07 For other expenses, not including expenses o f other real estate nor other expenses o f banklug house.. 4,736 42 19,400 73 F or real estate acquired b y foreclosure, o r in settlem ent o f 6 ,5 3 5 71 debts due the b a n k .............................................................................. Other paym ents, v iz .: Cash short, adjustm ents and corrections................... $281 79 Liberty Bonds purchased fo r subscribers................... 478,000 06 478,281 79 Cash an hand and in banks or tru s t com panies December 31, 1918, a fter transactions o f the d a y ............................................... 338,569 85 $ 2 ,7 2 1 ,7 5 5 66 S T A T IS T IC A L IN FO R M A TIO N N um ber o f open accounts Janu ary .1, 1919.................................... 9 ,6 93 N um ber o f accounts opened o r reopened durin g toe y e a r . . . . 2, 829 Num ber o f accounts closed du rin g the y e a r .................................. 1,789 A m ount deposited durin g the year, n o t in clu d in g dividends credited fo r th a t p e r io d ..................................................................... $ 1 ,50 0 ,4 8 1 68 A m oun t •withdrawn du rin g the y e a r ................................................. 1 ,0 5 1 ,3 4 8 58 A m oun t o f dividends credited and pa id fo r the year, v iz .: July 1, 1918........................................................................... $31,179 22 January 1, 1919................................................................... 39,267 83 70.447 05 A verage am ount o f each account January 1, 1919....................... 254 03 R ate per cent, o f dividends t o depositors during th e six m onths ending Jun e 30, 1918........................................................................ 3% Rate per cent, o f dividends t o depositors during th e six months ending December 31, 1918................................................................. 4 T ota l earnings o f the bank fo r the yea r 1918, after allow ing fo r am ortization o f prem ium s and d iscou n ts............................. $107,035 75 T otal expenses of the bank fo r the year 1918................................ 19,782 52 D ividends paid t o depositors fo r th e year 1918......................... 70.447 05 N et earnings fo r the year 1918 over expenses and dividends paid t o depositors .............................................................................. 16,806 18 56 R eport 11. on S avings B anks DOLLAR SAYINGS BANE, NEW YORK CITY [2808 Third avenue; Incorporated 1890] BRIAN G. HUGHES, President. W ILLIAM M. KERN, Treasurer. JAMES M. LACOSTE, Vice-President. HARRY F. REGAL. Secretary. GEO. M. MACKELLAR, Vice-President. AUGUST J. D IPPEL, Asst. Secretary. TRUSTEES BRIAN G. HUGHES, W ILLIAM M. KERN, JAMBS M. LA COSTE, BERNARD FRENCH, GEO. M. MACKELLAR, FRED BERRY, CHARLES P. FABER, CHARLES W . BOGART, JAMES S. BRYANT, W ILLIAM S. BECKLEY, J. HARRIS JONES. HENRY W. NEUBECK, HOWELL T. MANSON. FRED A . WURZBACH, SAMUEL TRIMMER, JAMES L. WELLS, JOSEPH B. HARE. ROBERT GERBRACHT, Jr . FINANCIAL RESOURCES $ 9 ,1 5 4 ,2 0 0 00 Bonds and m ortgages ......................... S tock an d bond investm ents, v iz .: Estim ated Original Par Stocks and bonds value cost market value $1,073,626 43 $1,077,100 00 United S ta te ........................ $1,077,100 00 89,550 00 89,219 52 State o f M assachusetts....... 90,000 00 141,000 00 Cities in other S ta te ........ 142,959 86 140,000 00 1,283,430 00 1,300,325 81 Cities in this State.............. 1,273,500 00 89,410 00 Counties in this State........ 89,000 00 91,642 55 4,470,671 49 4,293,060 00 Railroad m ortgage b on d s... 4,308,000 00 $6,977,600 00 $7,168,446 66 $6,973,550 00 6 ,9 7 3 ,5 5 0 00 B anking house and lot,' book value, $253,180.63; cost, $253,180.63; a ctu a l cash v a lu e ................................................................. Other real estate, book value, $55,472.16; cost, $55,472.16; actual eash v a lu e ................................................................................... Cash on deposit in banks or tru st com panies................................ Cash on hand ............................................................................................ T o ta l o f collectible in terest................................................................. A m oun t o f a ll other assets, v iz .: L iberty Bond p a rtia l pay m en t stam ps .......................................................................................... LIAB ILITIES 2 5 3 ,1 8 0 63 5 5 ,4 7 2 1 ,0 6 6 ,2 2 6 157,142 101,623 16 65 46 97 19,321 00 $ 1 7 ,7 8 0 ,7 1 6 87 .................. ........- A m ou n t due depositors, v iz .: Principal ............................................................................ $16,145,388 66 Dividends credited or to be credited for the six 279,023 47 months ending with December 31, 1918...................... ------------------ $ 1 6 ,4 2 4 ,4 1 2 12 Other lia b ilities, v iz .: D eposits t o secure paym ent o f assess m ents ......................................................................................................... 500 00 Surplus on m arket v a lu e ........................................................................ 1 ,3 5 5 ,8 0 4 75 Surplus on par value, $1,359,854.75. $ 1 7 ,7 8 0 ,7 1 6 87 — ..-.................... r C A SH T R A N S A C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS Cash on hand and in hanks o r tr u s t com panies January 1, 1918, before transactions o f the d a y ............................................. $ 1 ,0 6 3 ,5 1 7 From depositors, n ot in cluding dividends cred ited .................... 6 ,4 9 6 ,2 3 2 From interest on loans, deposits and investm ents....................... 787,458 F rom rents from banking house ........................................................ 200 F rom rents from oth er real esta te........................................................ 4 ,2 81 F rom m ortgages ........................................................................................ 117,2 0 0 F rom redem ption o f stocks and b on d s............................................... 1 ,9 6 3 ,0 0 0 F rom stocks and bonds sold (to ta l par value, $ 1 ,5 7 9 ,0 5 6 .2 1 ).. 1 ,5 7 8 ,8 8 1 F rom bankers’s acceptances and b ills o f exch ange......................... 199,197 F rom real estate sold ............................................................................ 1 2 ,0 4 9 From a ll oth er sources, v iz .: Subscribers’ installm ents on Liberty Bonds............... $24,153 00 U. S. th rift stamps sold, receipts from auxiliary banks and tax b ill service........................................... 1,840 80 81 08 75 00 00 00 00 21 22 67 57 B ronx County Liberty Bond partial payment eoupon stamps sold .. Fourth Liberty Loan Bond account............................. 159,679 00 58,728 00 ------------------ $2 4 4,4 0 0 80 $ 1 2 ,4 6 6 ,4 1 8 54 PAYMENTS ...................===== T o d ep ositors, in clu d in g dividen ds paid to tliem .......................$ 5 ,3 5 6 ,7 8 8 26 F or loans on bonds and m ortga ges................................................... 5 1 ,5 0 0 00 F or bankers’ acceptances and b ills o f exch an ge............................. 199,197 22 F or stock s and bonds purchased, in clu d in g prem ium s, com m is sion s, etc. (to ta l p a r valu e,$ 5 ,10 3 ,8 9 9 .96 ).................................. 5 ,1 0 1 ,5 2 0 10 F or in terest (oth er than dividen d paym ents to d e p o s ito r s ).. 34,951 44 F or cu rren t expenses o f the bank, v iz .: For salaries ...................................................................... 156,214 22 For ta x es: Banking house, $1,860.00; surplus $10,930.70 ............................................................................ 12,790 70 For expenses, except taxes, o f banking house: Repairs ......................................................................... 31 85 Insurance .................................................................... 97 15 Other ................................................. 4,050 26 For rent o f banking room s............................................ 4,260 00 For expenses o f other real estate, v iz .: Repairs ........................................................................... 483 89 Insurance ...................................................................... 61 79 Taxes .............................................................................. 1,541 78 Other .............................................................................. 1,106 62 For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. 9,651 56 --------- --------9 0 ,2 8 9 82 F or real estate acquired b y foreclosu re, o r in settlem en t o f debts du e th e b a n k ............................................................................. 9 ,0 7 6 85 O ther paym ents, v iz .: Payments on new bank building................................... $123,241 36 U. S. T h rift Stamps, assessments on “ other real esta te” ............................................................................. 7,797 38 Liberty Bond paym ents................................................... 268,687 00 -----------------399,725 74 Cash on hand and in banks o r tru st com panies D ecem ber 31, 1918, a fte r tran sa ction o f th e d a y ............................................... .. 1 ,2 2 3 ,3 6 9 11 $ 1 2 ,4 6 6 ,4 1 8 54 S T A T IS T IC A L IN FO R M A TIO N = = = = = = = = N um ber o f open accounts January 1, 1919...................................... 49,065 Num ber o f accounts opened o r reopened during the y e a r . . . . 11,702 N um ber o f accounts closed during th e year .................................. 11, 366 A m ount deposited during the year, n ot including dividends credited fo r th a t period ..................................................................... $ 6 ,4 9 6 ,2 3 2 08 Am ount w ithdraw n durin g the y e a r .................................................... 5 ,3 5 6 ,7 8 8 26 A m oun t o f dividends credited and paid fo r the year, viz.: Ju ly 1, 1918............................................................................. January 1, 1919...................................................................... $235,647 47 279,023 47 -----------------A verage amount o f each account Janu ary 1, 1919 .................... Num ber o f accounts which exceeded $3,000, exclusive o f d iv i dends credited, at the last tr ia l balance o f depositors’ ledgers, excep t deposits arisin g from society accounts, o r ju d icia l sales, o r tru st funds, or by ord er o f a cou rt o f record o r o f a surrogate. .................................................................................................. T otal am ount o f such a c c o u n t s ............................................................ Rate per cent, o f dividends to depositors durin g the six m onths ending June 30, 1918 .......................................................................... R ate per cent, o f dividends t o depositors during th e s ix m onths ending Decem ber 31, 1918 ................................................................. T ota l earnings o f th e bank fo r the yea r 1918, a fter allow in g for am ortization o f prem ium s and discounts .................................. T otal expenses o f the bank fo r th e year 1918 .................................. D ividends paid to depositors fo r th e yea r 1918............................. N et earn ings fo r the year 1918 ov e r expenses and dividends paid to depositors ................................................................................ 514,670 94 334 75 2 $6, 017 56 3% 4 $760,456 35 90. 824 52 5 1 4 ,6 7 0 94 154.960 89 58 K epokt 12. on S avings B anks NORTH SIDE SAYINGS BANK, NEW YORK CITY [3230 Third avenue; incorporated 1905] JOHN G. BORGSTEDE, President. FRED H. WBFER, Vice-President. GEORGE N. REINHARDT. Treasurer. ARTHUR A. EKIRCH, Secretary. T R U ST E E S FRED. H. WEFER, CHAS. F. MINOR, GEO. N. REINHARDT, GEORGE WOHN, JOHN RIEGELMAN, JOSEPH M ILLER, CONSTANTIN WAGNER, CHRISTIAN RIEGER, Ja. F IN A N C IA L RESOURCES Bonds and m ortga ges........................... ........................................... $ 1 ,1 2 5 ,9 4 5 00 Stock and bond investm ents, v iz .: Original Estimated Stocks and bonds value cost market value $407,379 13 $409,560 00 United States ........................ $409,550 00 12,773 28 12,740 00 13,000 00 State o f C alifornia.............. 18,240 00 18,430 00 State o f Idaho........................ 19,000 00 2,035 00 2,100 00 2,000 00 State o f New M exico........... 12,387 00 12,840 00 State o f M ississippi............... 12,000 00 23,454 09 23,000 00 State o f South D akota........ 23,000 00 370,361 89 366,568 00 Cities in other States........... 357,400 00 Counties, villages and towns 42,052 98 42,540 00 in adjoining States........... 41,000 00 216,963 62 215,593 69 Cities in this State.............. 216,111 67 2,796 90 2,910 00 Counties in this State........ 3,000 00 15,652 52 15,554 03 16,101 00 Towns in this State.............. 41,798 62 41,463 13 Villages to this State........... 43,367 78 6,013 38 5,880 00 School districts in this State 6,000 00 63,911 39 55,130 00 Railroad mortgage bonds— 66,000 00 JOHN G. BORGSTEDE, JOHN M. HAFFEN, HENRY HAHNENFELD, JOHN C. HEINTZ, $1,226,530 45 $1,235,819 80 $1,224,298 85 P rom issory notes ....................................................................................... Other real estate, book value, $14,911.80; cost, $18,689; actual cash value ................................................................................................ Cash on deposit in banks or tru st com panies.................................. Cash on hand .............................................................................................. T o ta l o f collectible interest ................................................................... A m oun t o f a ll oth er assets, v iz .: V ault and fixtures............................................................ $1,000 00 U. S. T h rift Stam ps!....................................................... 400 00 1 ,2 2 4 ,2 9 8 85 5 ,1 0 5 00 1 3,689 164,442 3 8 ,19 8 2 6 ,7 6 6 00 55 02 25 1 ,4 0 0 00 LIAB ILITIES $ 2 ,5 9 9 ,8 4 4 65 ::....... ;.. A m oun t due depositors, v iz .: Principal ............................................................................. $2,377,237 62 Dividends credited or to be credited for the six months ending w ith December 31, 1918..................... 39,472 11 ------------------ $ 2 ,4 1 6 ,7 0 9 73 Other liabilities, v iz .: Liberty Bond deposits...................................................... $114,644 00 D eposit as security on real estate con tra ct.............. 500 00 -----------------115,144 00 Surplus on m arket v a lu e .......................................................................... 6 7 ,9 9 0 92 Surplus on p a r value, $70,222.52. $ 2 ,5 9 9 ,8 4 4 65 .... ,t. : „ „ = = : = s C ASH TR A N SA C T IO N ’S D U R IN G T H E Y E A R 1918 RECEIPTS Cash on hand and in banks or tru st com panies Ja n u a ry 1, 1918, before transactions o f the d a y ............................................... $128,034 P rom depositors, n ot in cluding dividends cred ited ....................... 1 ,3 1 9 ,6 8 0 P rom interest on loans, deposits and in vestm ents......................... 1 0 3 ,1 2 6 F rom rents fro m other real esta te........................................................ 592 F rom m ortgages ....................................................................................... 2 3 ,2 5 0 71 26 49 00 00 59 B ronx County From redem ption o f stocks and b on d s.................................. From stocks and bonds sold (to ta l par value, $241,850) F rom loans paid .......................................................................... F rom real estate sold ................................................................. From a ll oth er sources, v iz ,: $500 00 Received on real estate contract................................. Sale U. S. W ar Savings Stamps................................... 3,000 00 Profit on bonds sold, appraisal fees, rebates.............. 277 83 Payments by Liberty Bond subscribers...................... 114,644 00 $ 3 32,700 242,233 130 4 ,3 7 5 00 02 00 00 118,421 83 $ 2 ,2 7 2 ,5 4 3 31 PAYMENTS T o depositors, in cluding dividends paid t o t h e m ......................... $952 253 97 F or loans on bonds and m ortgages ................................................... 19,600 00 F or loans on stocks an d bonds and other s e c u r it ie s .................... 5 ,2 3 5 00 F or stocks and bonds purchased, in cluding premiums, com m is sions, etc. (to ta l par value, $ 1,009,880.28).................................. 1 ,0 1 3 ,8 5 5 71 F o r interest- (oth er than dividend paym ents to d e p o s ito r s ). . . 4 ,8 8 3 33 F o r current expenses o f the bank, v iz .: F or salaries ....................................................................... $9, KM 49 For ta x es: Banking house, $26,00; surplus, $262.19.. 288 19 For expenses, except taxes, o f banking h ouse: Insurance ..................................................................... 52 76 Other ............................................................................. 158 00 For rent o f banking room s............................................ 3,958 41 For expenses o f other real estate, v iz .: Repairs .......................................................................... 1,049 90 Taxes ............................................................................. 383 26 For other expenses, not including expenses o f other real estate nor other expenses o f banking h ouse.. 4,383 73 -------------------------------------- 19,378 74 F or real estate acquired b y foreclosure, or in settlem ent o f debts due th e b a n k ............................................................................................ 3 ,1 7 3 29 Other paym ents, v iz .: Repayment to trustees.................................................... $4,400 00 U. 8. W ar Savings and T h rift Stamps........................ 3,400 00 Vault and fixtures account............................................. 735 20 Payments Liberty Bond account.............................. .. 42,987 50 —---------------• 5 1,522 70 Cash on hand and in banks o r tr u s t com panies December 31, 1918, a fter transactions o f the d a y ............................................... 202,0 4 0 57 $ 2 ,2 7 2 ,5 4 3 31 S T A T IS T IC A L IN F O R M A T IO N Num ber o f open accounts Janu ary 1, 1 9 1 9 ...................................... 9 ,0 3 0 N um ber o f accounts opened o r reopened du rin g the y e a r ........... 2 ,8 7 0 Number o f accounts closed du rin g th e y e a r .................................. 1,904 Am ount deposited du rin g the year, n ot in cluding dividends credited fo r th a t p e r io d ..................................................................... $ 1 ,3 1 9 ,6 8 0 26 A m oun t w ithdraw n during the year ............................................... 952,253 97 A m oun t o f dividends credited and paiid fo r th e year, v iz .: July 1, 1918................................................................. $31,993 96 January 1, 1919................................................................... 39,472 11 71 .46 6 07 A verage am ount o f each accou nt January 1, 1 9 1 9 ......................... 267 63 R ate per cent, o f dividends t o depositors du rin g th e six m onths 3% ending Jun e 30, 1918 .......................................................................... R ate per cent- o f dividend® t o depositors du rin g th e six m onths ending December 31, 19i8 ................................................................. 4 T ota l earnings o f th e bank fo r the yea r 1918, a fter allow in g fo r am ortization o f prem ium s and discounts .................................. $104,149 85 T ota l expenses o f the bank fo r th e yea r 1 9 1 8 .................................. 19,378 74 D ividends p a d t o depositors fo r the year 1 9 1 8 ............................. 7 1.466 07 N et earnings fo r the year 1918 over expenses and dividends paid t o d e p o s it o r s ................................................................................... 13,305 04 BROOME COUNTY 13. BINGHAMTON SAVINGS BANK, BINGHAMTON [97 and 99 C ollier street; incorporated 1867] CHAS. W. GENNET, President. CHARLES M. STONE, Vice-President. JOHN G. ORTON. Vice-President. ASBURY C. DEYO, Treasurer. S. J. HIRSCHMANN, Secretary. TRUSTEES JOHN G. ORTON, CHARLES W. GENNET, EDWARD P. MCKINNEY, CHARLES M. STONE, GEORGE M. HARRIS, S. J. HIRSCHM ANN, LEW IS M. WEED, GEO. C. BAYLESS, CHARLES A. WEED, WILLIAM H. OGDEN ASBURY C. DEYO. F IN A N C IA L RESOURCES Bonds and m o r t g a g e s .................... $ 3 ,4 9 9 ,1 8 0 00 S tock and bond investm ents, v iz .: Original Estimated Stocks and bonds value cost market value United States........................ $128,460 00 $128,460 00 $128,460 00 State o f M assachusetts........ 100,000 00 101,250 00 81,000 00 355,382 78 Cities in other States........... 340,000 00 324,620 00 Cities in this State............... 1,766,000 00 1,785,775 »3 1,703,801 50 446,000 00 Counties in this State.......... 453,537 96 437,110 00 Villages in this State........... 14,717 40 14,717 40 14,317 33 School districts in this State 5,650 00 5,702 19 5,478 25 Railroad m ortgage bonds___ 875,000 00 881,800 00 710,500 00 $3,675,827 40 $3,726,626 19 $3,405,287 08 3 ,4 0 5 ,2 8 7 08 B anking house and1 lot, book value, $65,000 ; cost, $73,000; actu al cash v a l u e ................................................................................... Other real estate, book value, $5,000; cost, $5,368.27; actu al cash value ................................................................................................ Gash o n deposit in banks or tru s t c o m p a n ie s .................................. Cash on h a n d ................................................................................................ T ota l o f collectible interest ................................................................. A m oun t o f a ll other assets, v iz .: Land contract ................................................................... $2,600 00 Rent accrued .................................................................... 379 59 6 5 ,0 0 0 00 5 ,0 0 0 593,0 0 0 6 0 ,4 0 8 8 5 ,54 9 00 00 19 16 2 ,9 7 9 59 $ 7 ,7 1 6 ,4 0 4 02 LIAB ILITIES A m oun t due depositors, v iz .: Principal ............................................................................. $7,124,398 49 Dividends credited or to be credited for the six months ending w ith December 31, 1918. .............. 116,781 79 ------------------ $ 7 ,2 4 1 ,1 8 0 28 Surplus on m arket v a l u e .......................................................................... 475,223 74 $ 7 ,7 1 6 ,4 0 4 02 Surplus on par value, $745,764.06. C A SH T R A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS Cash on hand and in banks or tru st com panies Janu ary 1, 1918, b efore transactions o f th e d a y ........................................... $479,162 12 F rom depositors, n ot in cluding dividends credited .................... 2 ,7 3 9 ,1 8 2 27 From interest on loans, deposits and investm ents .................... 334,263 46 [60 ] 61 B roome County F rom From F ran From From rents fro m banking h o u s e .......................................................... m ortgages ....................................................................................... redem ption o f stocks and b o n d s ............................................... real estate sold .............................................................................. a ll oth er sources, v iz .: L an d c o n t r a c t .................................. $ 2 ,6 9 9 2 76,165 230,7 3 8 500 500 33 00 20 00 00 $ 4 ,0 6 3 ,2 1 0 38 PAYM EN TS T o depositors, in cluding dividends paid t o t h e m ............................. $ 3 ,0 7 0 ,7 0 2 02 F or loans on bonds and m ortgages .................................................... 4 6 ,2 0 0 00 F or stock s and bonds purchased, in cluding prem ium s, com m is 2 5 3 ,4 6 0 00 sions, etc. (to ta l p a r value, $253,460) ...................................... F o r interest (oth er than dividend paym ents t o d e p o s ito r s )-------305 02 F o r cu rrent expenses o f th e bank, v iz .: F or salaries ........................................................................ $19,827 96 F or ta x es: Banking house, $1,827.10; surplus, $4,469.32 ; on mortgages, $31.00...................................... 6,327 42 For expenses, except taxes, o f banking house: 385 35 Repairs .................................. In su rance....................................................................... 105 97 Other ............................ 2,878 28 For expenses o f other real estate, v iz .: Insurance .................................................................... 51 39 Taxes .......................................................................... 58 14 Other ............................................................................ 7 65 For other expenses, not inducting expenses o f other real estate nor otherexpenses o f banking house.. 4,124 72 -------------------------------------- 38,766 88 F o r real estate acquired b y foreclosure, or in settlem ent o f debts due the bank .............................................................................. 5 ,3 6 8 27 Cash on band and in banks o r tru st com panies December 31, 1918, a fter tran saction s o f the d a y ............................................... 653,408 19 $ 4 ,0 6 3 ,2 1 0 38 S T A T IS T IC A L IN F O R M A T IO N Num ber o f open accounts January 1, 1 9 1 9 ...................................... 21,552 N um ber o f accounts opened o r reopened du rin g the y e a r ........... 2 ,541 N um ber o f accounts closed du rin g the y e a r .................................. 3 ,8 13 A m ou n t deposited du rin g th e year, n ot in cluding dividends credited fo r th a t period ..................................................................... $ 2 ,7 3 9 ,1 8 2 27 A m oun t w ithdraw n du rin g th e yea r ............................................... 3 ,0 6 7 ,3 8 3 06 A m oun t o f dividends credited and pa id f o r th e year, v iz .: July 1, 1918........................................................................... $118,761 60 January 1, 1919.................................................................. 116,78179 Paid but not credited...................................................... 3,318 96 -----------------2 38,802 25 335 98 A verage am ount o f each account Janu ary 1, 1919 .................... R ate per cent, o f dividends t o depositors du rin g the six m onths ending June 30, 1918 .......................................................................... 3% R ate per cent, o f dividends t o depositors du rin g the six m onths ending Decem ber 31, 1918................................................................... 3% T ota l earnings o f th e bank fo r the yea r 1918, a fter allow in g fo r am ortization o f prem ium s and discou n ts........................... $326,465 96 T ota l expenses o f th e bank fo r th e yea r 1918.................................. 33 ,76 6 88 D ividends p a id t o depositors fo r th e yea r 1918 ........................... 238,8 0 2 25 N et earnings fo r the year 1918 over expenses and dividends paid t o depositors .............................................................................. 53 ,89 6 83 62 B epoet 14. o n S avings B anks CHENANGO VALLEY SAVINGS BANE, BINGHAMTON £2 Chenango street; incorporated 1867] ARTHUR S. BARTLETT, President. W ILLIAM W. SISSON, Vice-President. ARTHUR S, BARTLETT, C. F. HOTCHKISS, W ILLIAM W. SISSON, JAMES W . MANIER, WALKER P. SHERWOOD, Vice-Pres. W ILLIAM R. ELY, Treasurer. TRU STEES JAMES M. MCNAMARA, 6 E 0 R 6 E P. O’NEIL, W ILLIAM G. PHELPS, LESLIE M. WILSON, WALKER P . SHERWOOD. ARTHUR L. KENT, HARRY RUBIN, GEORGE W. TOPLIFF, RENNA Z. SPAULDING, F IN A N C IA L RESOURCES B on ds and m ortgages ............................................................................ $ 1 ,1 0 5 ,6 6 8 25 S tock and bond investm ents, v iz .: Original Par Estimated Stocks and bonds value cost market value 1129,700 00 United States ........................ $129,700 00 3129,700 00 State o f Louisiana................ 60,000 00 50,450 00 52,066 00 Cities in other States............ 60,000 00 53,288 63 60,600 00 Cities in this State............... 122,600 00 120,227 00 113,072 50 20,000 00 Counties in this State........ 21,600 00 22,225 60 Towns in this S ta te ............ 2,000 00 2,000 00 2,000 00 Villages in this State........... 37,500 00 37,360 00 38,486 31 School districts in this State 78,836 00 83,474 22 . 85,466 26 Railroad m ortgage b on d s... -210,000 00 196,306 50 177,600 00 $700,586 00 $699,745 20 Cash on dep osit in banks o r tru st com panies. Cash on h a n d ............................................................... T o ta l o f collectible in terest.................................... $665,756 72 665,7 5 6 198,337 4 0 ,4 8 0 2 5 ,1 4 3 72 24 89 23 $ 2 ,0 3 5 ,3 8 6 33 LIABILITIES A m ou n t due depositors, v iz .: Principal ............................................................................. $1,937,976 39 Dividends credited or to be credited for the six months ending w ith December 31, 1918..................... 30,270 74 ------------------ $ 1 ,9 6 8 ,2 4 7 13 Surplus on m arket v a lu e ..................................................................... 6 7 ,13 9 20 $ 2 ,0 3 5 ,3 8 6 33 Surplus on p a r value, $101,967.48, C A S H T R A N S A C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS Cash o n b and and in banks or tru s t com panies Janu ary 1, 1918, before tran saction s o f th e d a y ............................................. $139,451 F rom depositors, n o t in clud ing dividen ds cred ited ..................... 1 ,2 0 5 ,5 1 4 F rom interest am loans, deposits and investm ents....................... 9 7 ,4 5 8 F rom m ortgagee ....................................... ................................................ 86,387 F rom redem ption o f stocks and b on d s........................................... 13,925 F rom stocks and bonds sold (to ta l par value, $ 4 0 7 ,2 0 0 )......... 4 0 9 ,5 2 9 70 31 97 00 00 13 $ 1 ,9 5 2 ,2 6 6 11 PAYMENTS T o depositors, in cluding dividends paid t o th em ......................... $ 1 ,2 2 3 ,5 6 1 45 F o r loans on bonds and m ortg a g es................................................... 200 00 F o r stocks and bonds purchased, in clu d in g prem ium s, com mis sions, etc. (to ta l pa r value, $ 4 7 4 ,4 0 0 )............................. ............. 4 6 8 ,1 6 0 00 F o r interest (o th er than dividend paym ents t o d e p o s ito r s ). . . 900 68, B roome C ounty F o r current expenses o f the bank, v iz .: For salaries ....................................................................... $9,304 85 Ror taxes: Surplus, $614.68; on mortgages, $1.00— 615 58 For rent o f banking room s............................................ 3,000 SO For other expenses, not Including expenses o f other real estate nor other expenses o f banking house.. 7,697 82 -----------------Other paym ents, v iz .: Cash s h o rt........................................................ Cash on hand and in banks or tru st com panies December 31, 1018, a fter transactions of th e d a y ................................................. 63 2 0 ,5 1 8 25 107 60 2 38,818 13 $ 1 ,9 5 2 ,2 6 6 11 S T A T IS T IC A L IN FO R M A TIO N Num ber o f open accounts Janu ary I, 1910.................................... 13,005 Number o f accounts opened or reopened during the y e a r -----3,691 N um ber o f accounts closed du rin g th e y e a r .................................. 3 ,1 45 A m oun t deposited du rin g th e year, n ot in cluding dividends credited fo r th a t p e r io d ..................................................................... $ 1 ,2 0 5 ,5 1 4 31 A m oun t w ithdraw n du rin g th e y e a r ............................................... 1 ,2 23 ,5 6 1 45 A m oun t o f dividends credited and pa id fo r th e year, v iz .: July 1, 1918........................................................................... $30,292 16 January 1, 1919................................................................... 30,270 74 Credited at other periods................................................ 1,145 06 61,707 95 A verage am ou nt o f each account Janu ary 1, 1919...................... 151 35 Num ber o f accounts w hich exceeded $3,000, exclusive o f dividends credited, a t th e la st tr ia l balance o f depositors’ ledgers, excep t deposits arising fro m society accounts, or ju d icia l sales, o r tru st funds, o r b y ord er o f a cou rt o f record o r o f a su rroga te..................................................................... 2 T ota l am ount o f such a ccou n ts............................................................ $13,471 02 R a te per eent. o f dividends t o depositors durin g the six m onths ending June 30, 1918.......................................................................... 3% R ate per eent. o f dividends t o depositors du rin g th e six months ending D ecem ber 31, 1918................................................................. T ota l earnings o f th e bank fo r the year 1918, a fter allow ing fo r am ortization o f prem ium s and discount®............................. $90,835 08 T otal expenses o f th e bank fo r the year 1918,............................. 20 ,51 8 25 D ividends paid t o depositors fo r the year 1918............................. 61,707 95 N et earnings fo r the yea r 1918 over expenses and dividends paid t o depositors .............................................................................. 8 ,6 08 88 CAYUGA COUNTY 18. AUBURN SAVINGS B AN S, AUBURN [74 Genesee street; incorporated 1849] DAVID M. DUNNING. President. W ILLIAM S. DOWNER, Treasurer. NELSON B. ELDBED, Vice-President. ADOLPH K EIL, A ssistant Treasurer. GEORGE UNDERWOOD, Vice-Pres. T R U ST E E S W ILLIAM H. SEWARD, Jr.. W ILLIAM K DOWNER, HENRY D. NOBLE, HAROLD G. METCALF, FREDERICK SEFTON, HERBERT G. ROBINSON, SAFFRINB L. DBPBW , HENRY D. TITUS, THOMAS S. RICHARDSON. F IN A N C IA L RESOURCES B onds an d m ortga ges........................................................ $ 3 ,8 9 6 ,7 9 6 00 S tock and bond investm ents, v iz .: P ar Original Estimated Stocks and bonds value market value cost $831,891 73 United States ........................ $831,891 73 1831,891 73 State o f M assachusetts........ 8,00900 6,880 00 8,536 00 State o f Utah........................ 60,009 00 60,731 25 48.500 00 237,000 00 233,840 00 Cities in other States.......... 266,006 70 521,703 05 471,545 00 Cities in this State............... 502,670 00 Counties in this State........ 25,000 00 25,551 76 23.500 00 12,290 00 Towns in this State............... 13,000 00 13,396 50 8,253 60 8,000 00 7,680 00 Villages in this State.......... 25,330 00 29,107 50 School districts in this State 27,000 00 934,088 25 Railroad m ortgage bonds— 896,000 00 785,910 00 DAVID M. DUNNING, GEORGE UNDERWOOD, NELSON B. ELDBED, HOBART L. ROMIG, $2,598,561 73 $2,679,266 33 $2,447,366 73 2 ,4 4 7 ,3 6 6 73 B anking house and lo t, b ook value, $100,000; cost, $268,831.14; actu al cash, v a lu e ................................................................. O ther real estate, book value, $10,623.83; eost, $10,699.83; actu a l cash value ................................................................................. Cash on d ep osit in banks o r tr u s t com pan ies................................ Cash on h a n d * .............................................................................................. T o ta l o f collectible in terest................................................................... A m ou n t o f a ll oth er assets, v iz .: R ent accrued ..................................................................... $690 41 Taxes a d va n ced ................................................................. 77 S Due on lib erty Bonds. 25,638 76 100,000 00 1 0,699 370,617 6 4 ,0 4 4 6 3 ,1 6 5 83 42 40 08 2 6 ,4 0 6 41 LIAB ILITIES $ 6 ,9 8 1 ,0 9 5 87 ...- ■;........... ..... A m ou n t due depositors, v iz .: Principal ............................................................................ $6,330,794 45 Dividends credited or to be credited for the six months ending with December 31, 1918..................... 121,949 41 ------------------ $ 6 ,4 5 2 ,7 4 3 86 O ther lia bilities, v iz .: Expenses incurred, but unpaid, repairs and sundries ......................................................................................... 625 84 Su rplu s on m arket v a lu e .......................................................................... 5 27,726 17 $ 6 ,9 8 1 ,0 9 5 Surplus on pa r value, $678,921.17. . :~:i' ... ..... C A SH T R A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS Cash on hand and in banks o r tru st com panies Janu ary 1, 1918, before transactions o f the d a y ........................................... $461,672 F rom depositors, n o t in clu d in g dividends cred ited ....................... 1 ,6 9 9 ,9 3 9 F rom in terest on loans, deposits and investm ents.................... 321,461 From rents from banking h ou se........................................................ 7 ,2 1 7 F rom rents from oth er real es ta te ...................................................... 1 ,9 28 F rom m o r t g a g e s .......................................................................................... 4 5 4 ,7 5 0 F rom redem ption o f stocks and b on d s............................................... 613,8 8 0 From stoeks and bonds sold (to ta l pa r value, $ 2 , 4 4 7 . 2 7 ) . . . . . 2 ,4 4 7 F rom rea l estate s o ld .............................................................................. 2 ,5 0 0 [6 4 ] 87 96 33 95 55 24 00 10 27 00 Cayuga C 65 oun ty From a ll other sources, v iz .: Insurance premiums and taxes advanced, repaid, received for fire losses, sale o f old m aterial, cash over and adjustm ent o f interest................................ U. S. W ar Savings and T h rift Stamps and Liberty Bond sold ....................................................................... P atriotic Farm ers’ Fund and accrued interest........ Liberty Bond payments by subscribers...................... $2,784 71 880 W 5,786 86 256,350 81 ------------------ $205,802 38 $ 3 ,8 3 1 ,5 9 9 78 PAYMENTS T o depositors, including dividend's paid t o th em ......................... $ 1 ,8 2 2 ,8 5 5 28 For loans on bonds and m ortga ges................................................... 143,600 00 F or stocks and bonds purchased, in cluding premiums, com m is sions, etc. (to ta l p a r value, $ 1 ,11 4 ,1 4 0 )....................................... 1 ,1 1 4 ,7 8 7 70 For interest ( oth er than dividend paym ents t o d e p o s ito r s ). . 1,740 47 F or current expenses o f the bank, v iz .: $17,788 25 For salaries ....................................................................... For taxes: Banking house, $4,204.04; surplus, $4,942.31 .............................................................................. 9,146 35 For expenses, except taxes, o f banking h ouse: Repairs ......................................................................... 1,220 73 Insurance .................................................................... 487 81 Other .............................................................................. 4,987 90 F or expenses o f other real estate, v iz .: Repairs ...... 2,700 82 Insurance ...................................................................... 16 93 Taxes .............................................................................. 550 49 Other .................... 165 35 F or other expenses, not including expenses o f other real estate nor other expenseso f banking house.. 3,677 61 --------------------------------------- 40,751 24 Other paym ents, v iz .: Insurance premiums and taxes advanced, fire losses paid, cash short.............................................................. $2,267 68 U. S. W ar Savings and T h rift Stamps and Liberty Bond purchased .'........................................................... 880 00 3,916 69 P atriotic Farmers’ Fundpaym ents................................ Payments on account o f Liberty Bonds........................ 266,133 00 --------------------------------------- 2 73,197 27 Cash on hand and in banks or tru st com panies December 31, 1918, after tran saction s o f the d a y ............................................. '434,661 82 $ 3 ,8 3 1 ,5 9 9 78 S T A T IS T IC A L IN FO R M A TIO N Num ber o f open accounts. Janu ary 1, 1919...................................... 13,367 Num ber o f accounts opened or reopened' du rin g th e y e a r . . . 1,384 Num ber o f aeeounts closed du rin g the y e a r .................................. 1,599 A m oun t deposited du rin g the year, n o t in cluding dividends credited fo r th at p e r io d ..................................................................... $1,699,93® 33 A m ount w ithdraw n du rin g th e y e a r ............................................... 1 ,8 2 2 ,8 5 5 28 A m oun t o f dividends credited and paid fo r the year, v iz .: July 1, 1918........................................................................... $123,383 94 January 1, 1919................................................................... 121,949 41 Credited at other periods................................................ 1,899 54 -----------------247,232 89 Average am ount o f each account Janu ary 1, 1919 .................... 482 72 Rate per cent, o f dividends t o depositors du rin g the six months ending June 30, 1918.......................................................................... 4 Rate per cent, o f dividends t o depositors during the six m onths ending Decem ber 31, 1918................................................................. 4 T ota l earnings o f th e bank fo r th e yea r 1918, after allow in g fo r am ortization o f prem ium s and discou n ts......................... $319,887 62 T otal expense* o f th e bank fo r the yea r 1918 .................................. 4 0 ,9 8 0 63 D ividends paid t o depositors fo r the year 1918 ............................. 247,2 3 2 89 N et earnings fo r the year 1918 over expenses and dividends paid to d e p ositors................................................................................ 31 ,07 4 10 3 66 R 16. eport on S a v in g s B anks CAYUGA COUNTY SAYINGS BANE, AUBURN tm -llfi Genesee street; Incorporated 1884] W . H. MEAKER, Treasurer. G. V. LOUGHBOROUGH, Asst. Treaa. A . L . HEMINGWAY, Secretary. D. WADSWORTH, J%, President. CHARLES W. BRISTER, Viee-Pres. CHAS. A. McCa r t h y , Vice-Pres. WILLIAM H. SEWARD, BENJAMIN B. SNOW, WILLIAM H. MEAKER, CHARLES F. LYON, CHAS. A. MCCARTHY, DAVID WADSWORTH, Ju.. TRU STEES GEORGE B. TURNER, SIDNEY J. W ESTFALL, C. F. BALDW IN. G. V. LOUGHBOROUGH, HULL GREENFIELD, FINANCIAL DANIEL L, RAMSEY, CHARLES W. BRISTER, JAMBS . ELDER,, ~ E ---------— EDWIN F. METCALF, IRVING S. ROBINSON, CHARLES P . MOSHER. RESOURCES Bonds a n d m ortga ges.............................................................................. $ 2 ,7 8 4 ,4 1 0 00 S tock and bond Investments, v iz .: Original Estimated Par Stocks and bonds value market value cost $606,800 00 United States.......................... $605,800 00 $601,039 00 105,921 87 101,000 00 State o f New York.............. 100,000 00 217,022 50 179,050 00 State o f M assachusetts........ 200,000 00 67,300 00 62,223 75 Cities in other States........... 60,000 00 223,530 00 213,394 00 Cities in this State............... 215,550 00 19,766 87 19,766 87 Counties in this State............ 19,766 87 5,moo 6,000 00 Towns in this State............ 6,000 00 990 00 1,025 25 School districts in this State 1,000 00 730,070 00 Railroad m ortgage b o n d s.... 856,000 00 891,0% 66 $2,064,116 87 $2,127,614 90 $1,913,190 87 ,9 1 3 ,1 9 0 87 B anking house and lo t, b ook value, $78,000; cost, $100,307.17; actual cash v a lu e ................................................................... O ther real estate, book value, $9,033.71; cost, $9,033.71; actu al cash v a lu e ................................................................................... Cash on deposit in banks o r tru st com pan ies................................ Cash on hand ............................................................................................ T o ta l o f collectible in terest.......................................................... .. A m ou n t o f oth er assets, v iz .: Land contracts ................................................................ $6,850 00 Insurance premiums advanced...................................... 24 57 Rent accrued ..................................................................... 371 00 D eficiency Judgment ........................................................ 319 52 7 8 ,0 0 0 00 9 ,0 3 3 153,638 4 2 ,0 2 7 4 3 ,6 3 8 71 02 01 64 7 ,5 6 5 09 $ 5 ,0 3 1 ,5 0 3 34 LIAB ILITIES A m ount due depositors, v iz .: Principal ............................................................................. $4,634,408 63 Dividends credited or to be credited for the six months ending w ith December 31, 1918..................... 89,234 72 ------------------ $ 4 ,7 2 3 ,6 4 3 35 Other lia b ilities, v iz .: Liberty Bond deposits...................................................... $36,933 73 Interest accrued on undelivered Liberty Bonds........ 177 58 ----------------3 7,111 31 Surplus on m arket v a lu e .......................................................................... 2 7 0 ,7 4 8 68 Surplus on par value, $421,674.68. $ 5 ,0 3 1 ,5 0 3 34 =======:zsr:::::.-. C ASH T R A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS Cash on hand and in banks o r tru st com panies January 1, 1918, b efore tran saction s o f the d a y ........................................... $398,614 From depositors, n o t in clud ing dividen ds cred ited ..................... 1 ,5 0 4 ,9 3 3 F rom interest o n loans, deposits and investm ents..................... 2 2 7 ,8 0 8 F rom rents from banking h ou se........................................................ 1 ,791 From rents fro m oth er real esta te................................................... 160 F rom m o r t g a g e s ......................................................................................... 1 42,085 F rom redem ption o f stocks a nd b on d s.............................................. 2 9 7 ,7 0 8 F rom stock s and bonds sold (to ta l p a r value, $ 2 1 8 ,0 2 1 .7 4 )... 218,0 2 1 77 69 45 75 00 00 37 74 67 C ayuga C ounty From all oth er sources, v iz .: Insurance premiums and taxes advanced repaid, land contracts, surplus in foreclosure action........ U. S. W ar Savings and T h rift S ta m p s..;................... Payments by Liberty Bond subscribers...................... $1,063 68 10,384 75 224,464 48 ------------------ $235,912 91 $ 3 ,0 2 7 ,0 3 6 PAYMENTS T o depositors, in cluding dividends pa id t o th em ......................... $ 1 ,5 6 7 ,5 4 8 F or loans on bonds and m ortga ges.................................................... 6 1 ,82 5 F or stocks and bonds purchased, in cluding premium®, com m is 9 70,082 sions, etc. (to ta l p a r value, $ 9 7 4,843.09).................................. 1,1 37 F o r interest (oth er th an dividend paym ent t o d e p o s ito r s ). . . . F o r current expenses o f the bank, v iz .: For salaries ....................................................................... $13,292 57 For ta x es: Banking house, $2,642.72; surplus, $2,409.57; on m ortgages, $18.50........................................................ 5, OCT 79 For expenses, except taxes, o f banking house: Bepairs ........................................................................... 304 44 Insurance ...................................................................... 245 88 F or expenses o f other real estate, v iz .: Repairs ......................................................................... 438 67 Insurance .................................................................... 61 60 Taxes ............................................................................ 138 & Other .............................................................................. #0 29 For other expenses, not including expenses o f other real estate nor other expenses o f banking house— 4,61345 2 4 ,2 0 3 Other paym ents, v iz .: Account o f Liberty Bonds purchased for subscribers $194,288 00 U. S. War Savings and T h rift Stamps........................ 11,181 86 Insurance premiums and taxes advanced, deficiencies and taxes after foreclosures, suspense..................... 1,168 20 206,5 7 6 Cash on hand and in bank® or tru st com panies Decem ber 31, 1918, after transactions o f the d a y ............................................... 195,665 68 03 00 09 35 12 06 03 $ 3 ,0 2 7 ,0 3 6 68 S T A T IS T IC A L IN F O R M A T IO N N um ber o f open accounts Janu ary 1, 1919...................................... 10,777 N um ber o f accounts opened o r reopened du rin g th e y e a r . . . . 1,657 Num ber o f account® closed du rin g the y e a r .................................. 1,555 A m oun t deposited du rin g th e year, n o t in cluding dividends credited fo r th a t p e r io d .................................. .*................................... $ 1 ,5 0 4 ,9 3 3 69 A m ount w ithdraw n du rin g th e y e a r .........................*......................... 1 ,5 6 7 ,5 4 8 03 A m oun t o f dividends credited and pa id fo r th e year, v iz .: June 30, 1918........................................................................ $89,469 36 December 31, 1918............................................................... 89,234 72 Credited at other periods................................................. 1,489 20 ____________ 180,193 28 A verage am ount o f each account Janu ary 1, 1919......................... 438 31 Number o f accounts w hich exceeded $3,000, exclusive o f d iv i dends credited, a t the la st tria l balance o f depositors’ ledgers, except deposit® a risin g from society accounts, o r ju d icia l sales, o r tru st funds, o r by ord er o f a cou rt o f record o r o f a s u r r o g a t e ................................................................................... 6 T otal am ount o f such a ccou n ts............................................................ $18,4 6 2 32 R ate per cent, o f dividends to depositors du rin g the s ix m onths ending June 30, 1918.......................................................................... 4 R ate per cent, o f dividends t o depositors durin g the six m onths ending Decem ber 31, 1918................................................................. 4 T ota l earnings o f the bank f o r th e year 1918, a fter a llow in g fo r am ortization o f prem ium s and discou n ts........................... $231,331 79 T ota l expenses o f the bank fo r the yea r 19il8............................. 2 4 ,20 3 12 D ividends paid to depositors fo r the year 1918............................. 180,1 9 3 28 N et earnings fo r th e year 1918 over expenses and dividends paid t o depositors .............................................................................. 2 6 ,93 5 39 CHEMUNG COUNTY 17. THE ELMIRA SAYINGS BANK, ELMIRA 1212 East W ater street; incorporated 1869] W. H. FERGUSON, President. HUBERT C. MANDEVILLE. Treasurer. HENRY SIMPSON, V ieePresident. MICHAEL A. LEAHY, Secretary. JOHN W. HUSTON, Vice-President. TRUSTEES W ILFRED I. BOOTH, FRANK L. CLUTE, HENRY J. HAASE, FRED D. HERRICK, JOHN W . HUSTON. MICHAEL A . LKAIlVr, WM. H. FERGUSON, H. C. MANDEVILLE, LOUIS N. MATHEWS. HENRY SIMPSON, WILLIAM M. UFFORD. GEORGE W . WYCKOFF, ALEXANDER S. DIVEN, F IN A N C IA L RESOURCES $ 5 86,850 00 Bonds and m ortga ges.............................................................................. S tock and bond investm ents, v iz .: Par Original Estim ated Stocks and bonds value cost market value United States ................ . $13?,760 00 $137,780 00 $137,75000 47,000 00 46,826 00 48,75000 Cities in other States........... Cities in this State............... 113,000 00 113,700 00 112,60000 Counties in this State........ 40,000 00 40,767 00 41,10000 Towns in this State.............. 4,000 00 4,000 00 4,04000 V illages in this State........... 87,400 00 86,056 00 88,66600 School districts in this State 30,000 00 30,245 00 30,40000 Railroad m ortgage bon ds.. 162,000 00 141,419 00 122,14000 $611,150 00 $601, m oo $582,446 00 5 8 2 ,4 4 6 6 8 ,9 4 2 7 ,7 1 8 6 ,9 0 6 Cash on deposit in banks or tru st com panies Cash cm hand ........................................................ T o ta l o f collectib le in terest.................................. 00 31 75 15 $ 1 ,2 5 2 ,8 6 3 21 LIAB ILITIES A m ou n t due depositors, v iz .: P rin cip a l.............................................................................. $1,142,620 49 Dividends credited or to be credited fo r the six 17,845 88 months ending w ith December 31, 1918..................... ------------------ $ 1 ,1 6 0 ,1 6 6 37 Su rplu s o n m arket v a lu e ........................................................................ 9 2 ,6 9 6 84 $ 1 ,2 5 2 ,8 6 3 21 Su rplu s on pa r value, $121,400.84. C A SH T R A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS Cash on hand and in banks o r tr u s t com panies Janu ary 1, 1918, before transactions o f th e d a y ........................................... F rom depositors, n o t in cluding dividen ds cred ited ..................... F rom interest on loans, dep osits and investm ents.................... F rom m o r t g a g e s .......................................................................................... F rom redem ption o f stocks and b on d s............................................. F rom stocks and bonds sold (to ta l pa r value, $ 1 2 2 ,2 4 0 )........... F rom a ll oth er sources, v iz .: U . S . T h rift Stam ps s o ld .............. $60,357 562,0 2 6 5 6 ,1 7 9 54 ,13 5 7 3 ,4 0 0 120,179 350 42 97 45 00 00 98 50 $926,629 32 t»83 C hem ung C oun ty 69 PAYMENTS T o depositors, in cluding dividends paid1 t o th em ......................... F or loans on bonds and m ortgages............................................... For stocks and bonds purchased, in cluding premiums, com m is sions, etc. (to ta l par value, $ 2 9 2 ,7 4 0 )........................................ F or interest (oth er than dividend paym ents t o d e p o s ito r s ). . F or current expenses o f the bank, v iz .: For salaries ....................................................................... $3,236 03 For taxes : Surplus........................................................... 832 08 For rent o f banking room s.............................................. 1,095 00 F or other expenses, n ot including expenses o f other real estate nor other expenses o f banking house.. 1,361 06 Other paym ents, v iz .: U. S. T h rift Stam ps pm -chased................ Cash on hand and1 in banks or tru st com panies Decem ber 31, 1918, a fter transactions o f the d a y ............................................... $532,864 11 19,540 00 290,598 01 90 87 6 ,5 2 4 77 350 50 76,661 06 $926,629 32 S T A T IS T IC A L IN FO R M A TIO N Number o f open accounts January 1, 1919.................................... Number o f accounts opened o r reopened du rin g the y e a r . . . . Number o f accounts closed during the y e a r .................................. A m ount deposited du rin g the year, n ot in cluding dividends credited fo r th a t period1..................................................................... Am ount w ithdraw n du rin g the y e a r ............................................... A m oun t o f dividends credited and paid fo r the year, v iz .: July 1, 1918........................................................................... 117,290 70 January 1, 1919................................................................... 17,515 88 Average am ount o f each account January 1, 1919.................... R a te per cent, o f dividends t o depositors du rin g th e six m onths ending Jun e 30, 1918............................. . . . . ..................................... R ate per eent. o f dividends t o depositors du rin g th e six m onths ending Decem ber 31, 1918........... .................................................... T ota l earnings o f the bank fo r th e year 1918, a fter allow in g fo r am ortization o f prem ium s and d iscou n ts............................. T ota l expenses o f the bank fo r the year 1918 ............................. D ividends paid t o dep ositors fo r th e y ea r 1918............................. N et earnings fo r th e yea r 1918 over expenses and dividends paid t o d e p o sitors.................................................................................. 4 ,6 1 9 1,134 1,305 562,0 2 6 97 532,864 11 3 4.836 58 251 17 m m $57,097 51 6 ,5 2 4 77 34 .83 6 58 15,736 16 COLUMBIA COUNTY 18. HUDSON CITY SAVINGS INSTITUTION, HUDSON [560 W arren street; Incorporated 1850] CHAS. A. VAN DUESEN, President. ROBERT W . EVANS, Vice-President. JOHN W . GILLETTE. Vice-President. S. MITCHELL RAINEY, Treasurer. TRUSTEES LOUIS A. BRISTOL, NOAH H. BROWNING, LOUIS P. CHURCH, A. V . S. COCHRANE. MALCOLM GIFFORD, ROBERT W . EVANS, JOHN W . GILLETTE. EVERTS TEN BROECK. GEORGE A. M cKINSTRY. JACOB P. MESICK, S. M ITCHELL RAINEY, CHAS. A. VAN DEU8EN, H. S. W ILLIAMS, F IN A N C IA L RESOURCES Bonds and m o rtga ges.............................................................................. $ 2 ,1 2 3 ,0 9 6 00 Stock and bond investments, viz.: Stocks and bonds United States ........................ State o f New Y o r k ....:....... Cities in other States........ Cities in this State............... Counties in this State........ Villages in this State........... School districts in this State R ailroad m ortgage bonds— Par value $720,099 go 25,000 00 615,500 00 685,786 00 350.000 00 286,830 18 45,950 00 912.000 00 $3,641,165 98 Original Estimated cost market value $720,099 80 $720,099 80 27,140 63 27,750 00 641,098 53 610,920 00 713,849 64 685,189 28 364,034 00 350,560 00 291,584 48 279,666 87 47,114 13 45,470 50 796,900 00 925,277 87 $3,730,199 08 $3,516,556 45 P rom issory notes ....................................................................................... B ank ing house and lot, bode value, $33,000; cost, $74,690.76; actu al cash v a l u e ................................................................................... Cash o n dep osit in banks o r tru s t com pan ies.................................. Cash cm h a n d .............................................................................................. T o ta l o f collectible in terest..................................................................... A m ou n t o f oth er assets, v iz .: Due on Liberty Bonds........................................................ $25,456 45 U. S. T h rift Stamps........................................................... 20 00 3 ,5 1 6 ,5 5 6 45 3 ,2 5 0 00 3 5 ,0 0 0 194,418 6 6,871 7 1 ,0 2 9 00 22 43 51 2 5 ,47 6 45 $ 6 ,0 3 6 ,2 9 8 06 LIAB ILITIES Amount due depositors, viz.: Principal .............................................................................. $5,385,375 46 Dividends credited or to be credited for the six months ending w ith December 31, 1918........................ 103,076 07 ------------------ $5,4.88,451 53 Surplus o n m arket v a lu e ........................................................................ 547,846 53 $ 6 ,0 3 6 ,2 9 8 06 Surplus on par value, $672,456.06. C A SH TR A N SA C TIO N S D U RIN G TH E Y E A R 1918 RECEIPTS Cash o n hand and in banks o r tru s t com panies .January 1, 1918, before transactions o f the d a y ............................................. $ 4 39,340 From depositors, n ot in cluding dividends cred ited ....................... 1 ,0 7 7 ,4 2 5 F rom in terest cm loans, deposits and in vestm ents......................... 2 7 3 ,0 1 2 F rom m o r t g a g e s .......................................................................................... -217,385 F rom redem ption o f stock s a n d b on d s............................................... 4 0 2 ,9 5 8 F rom loans paid ....................................................................................... 5 ,0 9 0 [7 0 ] 39 19 81 00 42 00 C o l u m b ia 71 County From all other sources, v iz .: Insurance premium advanced refunded........................ Cash over .......................................................................... Liberty Bond payments by subscribers........................ $33 75 14 00 204,727 87 ------------------ $204,775 62 $ 2 ,6 1 0 ,9 8 7 43* PAYMENTS T o depositors, including dividends paid to them .........................$ 1 ,2 8 1 ,9 9 3 32 2 2 ,7 0 0 00 F or loans on bonds and m ortgages ................................................... F or loans on stocks and bonds and oth er s e c u r it ie s .................... 7 ,9 3 5 00 F or stocks and bonds purchased, including prem ium s, com m is sions, etc. (to ta l par value, $942,350) .......................................... 942,045 93 For interest (oth er than dividend paym ents ito depositors) . . . 332 85 F or current expenses o f th e bank, v iz .: For salaries ....................................................................... $9,612 5b For taxes: Banking house, $1,222.51; surplus, $4,976.53 6,199 04 For expenses, except taxes, o f banking h ouse: Repairs ............................................................................ 66 80 For other expenses, not including expenses o f other real estate nor other expenses o f banking h o u se .... 1,887 61 ---------------------------------------17,765 95 Other paym ents, v iz .: U. S. W ar Havings Stamps, cash short........................ $307 81 Liberty Bonds purchased for custom ers...................... 85,616 92 -----------------8 5,924 73 Cash on hand and in banks or tru st com panies December 31, 1918, after transactions o f the d a y ............................................... 261,289 65 $ 2 ,6 1 9 ,9 8 7 43 S T A T IS T IC A L IN FO R M A TIO N Number o f open accounts J anu ary 1, 1919.................................. 10,362 N um ber o f accounts opened or reopened during the y e a r . . . . 1,247 Num ber o f accounts closed du rin g the y e a r .................................. 1,582 A m ount deposited du rin g the year, n ot including dividends credited fo r th a t p e r io d ..................................................................... $ 1 ,0 7 7 ,4 2 5 19 A m ount w ithdraw n d u rin g the y e a r . ............................................. 1 ,2 8 1 ,9 9 3 32 Am ount o f dividends credited and paid fo r the year, v iz .: July 1, 1918........................................................................... $103,516 71 January 1, 1519.................................................................... 103,076 07 ___________ 2 06,592 78 Average amount o f each account January 1, 1919......................... 529 67 B ate per cent, o f dividend's to depositors durin g the six months ending Jun e 30, 1918......................................................................... 4 R ate per cent, o f dividend's to depositors durin g the six m onths ending Decem ber 31, 1918 .............................................................. 4 T otal earnings o f the bank fo r the year 1918, after allow ing fo r am ortization o f prem ium s and discou n ts............................. $266,087 92 Total expenses o f the bank for the yea r 1918............................. 17,765 95 D ividends paid to depositors fo r the year 1918............................. 206,592 78 Net earnings fo r the year 1918 over expenses and dividends paid to depositors ................................................................................ 4 1 .72 9 19 CORTLAND COUNTY 19. CO RTLAN D SA V IN G S B A N K , CO RTLAN D (111 Main street; incorporated 1866] WM. A. STOCKWELL. Secretary. L. WEBB, President. WM. R. COLE, Treasurer. T. BUSHNELL, Vice-President. EARL W . BENTLEY, Asst. Treasurer. LESTER P. BENNETT, Vice-President. TRU STEES BYRON MAXSON, BENJAMIN L. WEBB. GROVE T . MAXON, EDWARD S. DALTON, HUBERT T. BUSHNELL, ARTHUR P. STILSON. EDWARD A. BREWER, W ILLIAM J. BUCHANAN, h . D e w it t d b g r o o a t , LESTER P. BENNETT, CHARLES P. SEYMOUR. A. ROSCOE ROWE, WM. A. STOCKWELL, F IN A N C IA L RESOURCES $ 2 ,2 0 3 ,6 4 0 00 Bonds and m ortga ges...................... S tock and bond investm ents, v iz .: Estimated P ar Original Stocks and bonds market value value cost United States ........................ $419,200 00 $419,20000 $419,200 00 State o f New York.............. 57,500 00 05.000 00 57,11250 72,600 00 State o f M assachusetts........ 80.000 00 87,83760 Cities in other States............ 167,440 00 170.000 00 172,38399 700,306 58 Cities in this State............... 714,276 55 731,69747 8,000 00 8,000 00 Towns in this State............... 7,987 50 V illages in this State............ 203,500 00 207,06833 202,820 00 80,986 50 School districts in this State 81,600 00 84,10467 306,100 00 Railroad m ortgage bonds— 400.000 00 390,06500 $2,131,676 55 $2,157,369 46 $2,014,940 58 P rom issory notes ....................................................................................... B ank ing house and lot, book value, $152,293,69: co st $152,293.09; actu al cash v a lu e ................................................................. O ther real estate, bode value, $500; cost, $500; actual cash valu e ............................................................................................................ Cash o n deposit in banks o r tru st com panies............................. Cash on hand ............................................................................................ T o ta l o f collectible in terra t..................................................................... A m ou n t o f a ll oth er assets, v iz .: Land contracts ................................................................. $2,300 00 Rent accrued .................................................................... 40 00 U. S. T h rift Stamps........................................................... 81 00 2 ,0 1 4 ,9 4 0 58 3 ,6 8 0 00 1 52,293 69 500 256,561 109,902 8 1 ,4 9 2 00 IT 47 04 2 ,4 2 1 00 LIAB ILITIES $ 4 ,8 8 5 ,4 9 0 95 ........ -.....................r A m oun t due depositors, v iz .: Principal ................................................................................$4,398,996 93 Dividends credited or to be credited fo r the six months ending w ith December 31, 1918.................... 83,531 13 -------------- _ $ 4 ,4 8 2 ,5 2 8 06 O ther lia b ilities, v iz .: Liberty Bond deposits........................................................ $18,882 50 Expenses incurred, but unpaid, advertising and mis cellaneous ........................................................................ 341 79 ---------;-------1 9,224 29 Surplus on m arket v a lu e ...............................................................’.......... 3 8 3 ,7 3 8 -6 0 Surplus on par value, $500,374.57. $ 4 ,8 8 5 ,4 9 0 95 =—=-i : ===.:: := C A SH T R A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS Cash cm hand and in banks o r tru st com panies January 1, 1918, before transactions o f th e d a y ............................................... $435,484 44 From depositors, n ot in cluding dividends cred ited .................... 9 09.347 87 F rom interest on loans, deposits and in vestm ents......................... 2 1 7 ,1 8 3 09 t72] C ortland n C ounty From rents from banking h ou se......................................................... From rents from oth er real esta te................................................... From m ortgages ...................................................................................... From redem ption o f stocks and b on d s........................................... From stocks and bonds sold (to ta l pa r value, $232,534.98) . . . . From loans paid ...................................................................................... From all oth er sources, v iz .: Liberty Bond payments by subscribers........................ $235,261 50 Sale U. S. W ar Savings Stamps, profit sale o f bonds, suspense .......................................................................... 3,340 59 Land contracts, insurance premium advanced, re paid, sale o f old m aterial, sundries........................... 686 98 ____________ $1,513 3 197,884 2 51,783 232,5 3 4 745 60 00 00 28 98 00 239,2 8 9 07 $ 2 ,4 8 5 ,7 6 8 33 PAYMENTS ................. i------T o depositors, including dividends paid t o th em ......................... $ 1 ,0 6 2 ,9 4 5 37 For loans on bonds and m ortga ges................................................... 60 ,47 5 00 F or loans on stocks .and bonds and other secu rities................ 4 ,1 7 0 00 F or stock and bonds purchased, including premiums, com m is sions, etc. (to ta l pa r value, $702,004.65).................................... 702,004 65 F or interest ( other than dividend paym ents to depositors) . . 1,461 45 F o r current expenses o f the bank, v iz .: For salaries ........................................................................ $11,090 94 For taxes : Banking house, $509.65 ; surplus, $3,542.15; on mortgages, $36.00........................................................ 4,087 80 For expenses, except taxes, o f banking h ouse: Repairs ......................................................................... 85 82 Insurance .................................................................... 177 96 Other ............................................................................ 4,561 52 For rent o f banking room s.............................................. 700 00 22 89 For expenses o f other real estate,v iz .: Taxes............. For other expenses, not including expenses of other real estate nor other expenses o f banking house— 3,748 95 ------------------24,475 88 Other paym ents, v iz .: On account banking house andlo t............................... $39,811 96 Liberty Bond, account...................................................... 220,038 00 U. S. W ar Savings Stamps........................................... 3,513 65 Insurance premiums advanced,sundries....................... 348 73 --------------263,712 34 Cash on hand and in banks or tru st com panies December 31, 1918, a fter tran saction s o f th e d a y ............................................... 366,523 64 $ 2 ,4 8 5 ,7 6 8 33 S T A T IS T IC A L IN FO R M A TIO N = = = = = = = N um ber o f open accounts Janu ary 1, 1919...................................... 11,638 1,317 Num ber o f accounts opened o r reopened du rin g the y e a r -----Num ber o f accounts closed du rin g the y e a r .................................. 1 ,5 59 A m oun t deposited du rin g th e year, n ot including dividends credited fo r th a t p e rio d ....................................................................... $909,347 87 Am ount w ithdraw n du rin g th e y e a r ................................................. 1 ,0 6 2 ,9 4 5 37 Am ount o f dividends credited and paid fo r the year, v iz .: July 1. 1918........................................................................... $83,734 07 January 1, 1919.................................................................... 83,531 13 Credited at other periods................................................. 29 53 ---------- ----- -167,294 73 A verage am ount o f each account Janu ary 1, 1919 .................... 385 16 Rate per cent, o f dividends to depositors durin g the six m onths ending June 30, 1918.......................................................................... 4 Rate per cent, o f dividends to depositors durin g the six m onths ending December 31, 1918................................................................. 4 Total earnings o f the bank fo r Die year 1918, a fter allow ing fo r am ortization o f prem ium s and discou n ts......................... $215,354 75 T ota l expenses o f the bank fo r th e yea r 1918............................... 2 3 ,86 8 80 D ividends p a id t o depositors fo r the year 1918......................... 167,294 73 Net earnings fo r the year 1918 ov er expenses and dividends paid to depositors .............................................................................. 24,191 22 DUTCHESS COUNTY 20. F IS H K IIX S A V IN G S IN S T IT U T E , F IS H K IL L lMain street; Incorporated 1867] J. S. LUYSTER, President. C. D. SHERWOOD. Vice-President. JOHN RAPBLJB, Vice-President. J. S. LUYSTER, CHAS. D. SHERWOOD, RALPH BRINKBBHOFF, ROBERT W. DOUGHTY, C. C. ROBINSON, J. H . SNYDER, CHARLES C. ROBINSON, Secretary. RALPH BRINCKEItHOFF, Treasurer. T R U S T IE S S. L. VAN VOORHIS, LEW IS E. WOOD, JARVIS S. PH ILLIPS. CYRUS TOMPKINS, JOHN RAPEL.TE, E. II. FOSIIAY, S. H. PARSONS. WM. H. HAIGHT, JAMES ADRIANCE, J. B. WALDO, FRANK D. KETCIIAM, JOHN S. WARREN. F IN A N C IA L RESOURCES B onds and m ortga ges. $321,411 40 i, v iz .: Par Stocks and bonds value United States ........................ $30,900 00 Cities In other States........... 4,400 00 Cities In this State............... 6,400 00 Towns In this State........... 18,600 00 Villages in this State........... 45,768 00 School districts In this State 78,383 90 Railroad m ortgage bonds__ 61,000 0© $244,451 90 Estimated Original cost market value $30,900 00 $30,087 12 4,664 00 4,772 66 5,400 00 5,400 00 19,266 00 19,353 00 47,251 80 49,031 58 80,364 57 80,677 96 46,960 00 60,738 46 $250,080 78 $234,806 37 P rom issory n otes ................................................................................... Banking house and lot, book value, $2,500; cost, $2,500; actual cash valu e ................................................................................................ O ther real estate, book value, $250; cost, $250; actual cash va^ue ......................................................................................................... Cash on deposit in banks or tru st com panies.................................. Cash on h a n d .............................................................................................. T ota l o f collectible in terest................................................................. A m oun t o f all other assets, v iz .: Due on Liberty Bonds...................................................... $12,268 75 Land contract .................................................................... 250 0b 2 3 4 ,8 0 6 37 40 00 2 ,5 0 0 00 250 5 1 ,5 0 4 4 ,5 5 4 9 ,2 9 5 00 49 80 10 12,518 75 $030,880 07 LIABILITIES A m ount due depositors, viz.: Principal .............................................................................. Dividends credited or to be credited for the six months ending w ith December 31, 1918..................... $586,168 78 11, #9 28 -----------------Other liabilities, v iz .: Expenses incurred, but unpaid, m iscel laneous ....................................................................................................... Su rplu s on m arket valu e ...................................................................... $597,578 00 22 50 3 9 ,2 8 0 11 $636,880 97 Su rplu s on p a r value, $48,925.94 C ASH T R A N SA C T IO N S D U R IN G TH E Y E A R 1918 RECEIPTS Cash on hand and in banks o r tru s t com panies January 1, 1918, before transactions o f the day .................................... * .... $59,949 15 F rom depositors, n ot in cluding dividends cred ited ....................... 8 2 ,14 3 28 F rom interest on loans, deposits and in vestm ents......................... 3 0 ,51 3 95 F rom m o r t g a g e s .......................................................................................... 18,802 00 From redem ption o f stocks and b on d s............................................... 18,757 10 [74] D utchess n C ounty From all other sourees, viz.: Received on land contract, suspense........................... Liberty bond installm ents from subscribers.............. $53 to 89,790 75 $89,8 4 3 75 $300,009 23 PAYMENTS T o depositors, in cluding dividends paid to th em ......................... For loans on bonds and m ortgages.................................................... For loans on slocks and bonds and other secu rities.................... For stocks and bonds purchased, including premiums, com m is sions, etc. (tota l par value, $ 4 4 ,9 0 0 )............................................. For interest (oth er than dividend paym ents to d e p o s ito r s ). . F or current expenses o f the bank, v iz .: For salaries ....................................................................... $2,525 00 For taxes : Banking house, $33.83; surplus, $314.16.... 34829 For expenses, except taxes, o f banking h ouse: Repairs ......................................................................... 7 96 34 54 Insurance .............. Other ............................................................................ 94 97 For other expenses, not including expenses o f other real estate nor other expenses of banking house.. 451 80 __________ _ Other paym ents, v iz .: L iberty Bond installm ent a ccou n t........... Cash on hand and in banks or tru st com panies December 31, 1918, after transactions of the d a y ............................................... $94,6 8 3 33 10,650 00 40 00 43,427 26 199 79 3 ,4 62 56 91,487 00 5 6,059 29 $300,009 23 S T A T IS T IC A L IN F O R M A T IO N Number o f open accounts January 1, 1919...................................... N um ber o f accounts opened or reopened during the y e a r . . . . N um ber o f accounts closed durin g the y e a r .................................. A m oun t deposited du rin g the year, n ot in cluding dividends credited fo r th a t p e r io d ..................................................................... A m ount w ithdraw n du rin g th e y e a r .................................................... A m ount o f dividends credited and paid fo r the year, v iz .: July 1, 1918 ......................................................................... $11,3* 76 January 1, 1919.................................................................... 11,409 28 Average am ount o f each account J anu ary 1, 1919......................... R ate per cent, o f dividends to depositors durin g the six m onths ending June 30, 1918......................................................................... Rate per cent, o f dividend's to depositors during the six months ending December 31, 1918................................................................. T otal earnings o f the bank fo r th e year 1918, a fter allow ing fo r am ortization o f premiums and d iscou n ts............................. Total expenses o f the bank for the yea r 1918............................. D ividends paid to depositors for th e y e a r 1918............................. N et earnings for the year 1918 over expenses and dividends paid to d ep ositors................................................................................... 1,132 99 100 $82,143 28 94 ,68 3 33 2 2 .74 5 04 527 89 4 4 $30,5 1 0 92 3 ,4 6 2 56 2 2 .74 5 04 4 ,3 0 3 32 16 R eport oh 2 1 . MATTEAWAN S a v in g s B anks s a v in g s b a n k , b e a c o n [672 Main street; incorporated 1866] SAMUEL K . PH ILLIPS, President. HENRY S. CORNET, Treasurer. PRANK H. BRETT, Vice-President. PETER H. VOSBURGH, Secretary. B. FRANKLIN GREENE, Vice-President. GEORGE H. W ILLIAMS, B. FRANKLIN GREENE, Sa m u e l k . P h i l l i p s ) T. J . CUNNINGHAM, FRANK H. BRETT, WM. H. SOUTHARD, B E N }. I. D. ROOSA, T R U ST E E S JOHN O. W1XOM, PETER H. VOSBURGH, HENRY D. WEEKS, SHERWOOD PH ILLIPS, JOHN H. LYNCH, LOUIS E. KAMPF, HENRY S. CORNET, EUGENE B. SMITH. HENRY D. JACKSON, PAULL J. CHALLEN, F . H . VAN HOUTEN, ROSWELL S. JUDSON, ELTON G. STORM, ROBERT L. GORDON. FINANCIAL RESOURCES B onds a n d m ortga ges...................................................... S to ck and bond investm ents, v iz .; Estimated Par Original Stocks and bonds value cost market value United States ........................ $141,(02 92 $141,01292 $141,012 92 Cities in this State............... 113,000 00 108,30600 107,860 00 6,160 00 6,000 00 5,22500 Towns in this State............... Villages in this State........... 108,070 00 111,83848 108,923 00 School districts in this State 19,720 00 20,9%86 19,666 00 72,840 00 R ailroad m ortgage b o n d s.... 93,000 00 90,16238 $479,802 92 $477,661 23 $518,813 00 $466,440 92 4 5 5 ,4 4 0 92 Other real estate, bode value, $461.49 ; cost, $461.49; actual cash valu e ................................................................................................ Cash o n deposit in banks o r tru s t com pan ies.................... .. Cash o n hand ............................................................................................ T o ta l o f collectible in terest................................................................. A m ou n t o f a ll other assets, v iz .: Land co n tra ct............................. IlSngfcS 461 49 4 2 ,5 4 8 75 2 ,3 3 9 10 ,09 9 1 ,0 7 6 $ 1 ,0 3 6 ,7 7 9 II2 1S3 LIAB ILITIES A m ou n t dim depositors, v iz .: P rin cip a l.............................................................................. $917,332 07 D ividends credited or to be credited fo r the six months ending with December 31, 1918........................ 17,406 20 -----------------$ 9 34,738 O ther lia bilities, v iz .: Dividends accrued on deposits to January l, 1919.... $6,748 32 Liberty Bond deposits...................................................... 30,646 % -------------------------------------- 37 ,39 4 Su rplu s on m arket v a lu e ........................................................................ 64 ,64 6 $ 1 ,0 3 6 ,7 7 9 Surplus on pa r value, $89,008.70. C ASH T R A N S A C T IO N S D U R IN G T H E Y E A R 1918 gSgggfcggi RECEIPTS C a d i o n hand a nd in banks o r tru s t com panies Janu ary 1, 1918, before tran saction s o f th e d a y ............................................. F rom depositors, n ot in clu d in g dividends cred ited .................... F rom in terest on loans, deposits and investm ents....................... F rom m o r t g a g e s .......................................................................................... F rom redem ption o f stocks and b on d s............................................... F ro m stocks and bonds sold (to ta l pa r value, $ 3 ,2 9 5 .9 0 )......... F rom loa n s paid ........................................................................................ F rom real estate sold ............................................................................ $47,107 188,763 4 7 ,1 7 2 9 ,4 5 0 124,677 3 ,2 9 5 100 60 D utchess 77 C ounty From all oth er sources, v iz .: Insurance premiums and taxes advanced, repaid; foreclosure expense recovered; fir lo s s ,' insur ance received ................................................................. Liberty Bond payments by subscribers........................ 4,834 06 101,272 78 $ 1 06,106 84 $526,733 50 PAYMENTS T o depositors, in cluding dividends paid t o t h e m .. F or loans on bonds and m ortga ges............................. F or loans on stocks and bonds and other securities F or stocks a n d bonds purchased, in cluding prem ium s, com mis sions, etc. (to ta l pa r value, $173,106.58)...................................... F or interest (oth er than dividend paym ents t o d e p o s ito r s ). . . F or cu rrent expenses o f the bank, v iz .: For salaries ....................................................................... $2,810 00 696 07 For taxes : Surplus.........., ................................................ F or rent o f banking room s.............................................. 408 00 For expenses o f other real estate, v iz .: Insurance .................................................................... 4 96 Taxes ............................................................................ 26 26 For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. 1,324 41 $ 2 04,229 55 3 ,2 0 0 00 100 00 173,106 58 617 46 5 ,1 6 9 69 F or real estate acquired b y foreclosure, o r in settlem ent o f debts due th e bank .............................................................................. Other paym ents, v iz .: Insurance premiums and taxes advanced; fore closure expense .............................................................. $380.19 Liberty Bond account........................................................ 93,789 80 1,251 51 94 ,16 9 99 Cash on hand and in banks o r tru st com panies December 31, 1918, a fter transactions o f the d a y ............................................... 4 4 ,8 8 8 72 $526,733 50 S T A T IS T IC A L IN F O R M A T IO N Num ber o f open accounts Janu ary 1, 1919...................................... 2 ,3 6 0 Num ber o f accounts opened o r reopened' du rin g the y e a r -----354 324 N um ber o f accounts closed du rin g the y e a r . . . . ........... ............. A m oun t deposited du rin g the year, not in cluding dividends credited fo r th a t p e r io d ..................................................................... $188,763 60 A m oun t w ithdraw n durin g the y e a r .................................................... 2 0 4 ,2 2 9 55 Am ount o f dividends credited and paid fo r the year, viz.. July 1, 1918........................................................................... $17,683 53 January 1, 1919.................................................................... 17,466 26 --------------------------------------- 3 5 ,0 8 9 73 396 07 A verage am ount o f each account Janu ary 1, 1919......................... R ate per cent, o f dividends t o depositors durin g th e s ix m onths ending June 30, 1918 .......................................................................... 4 R ate per cent, o f dividends to depositors durin g th e s ix m onths ending Decem ber 31, 1918................................................................. 4 T otal earnings o f th e bank fo r the year 1918, a fter allow ing fo r am ortization o f prem ium s and discou n ts.............. .............. $ 4 7 ,5 5 4 77 T ota l expenses o f th e bank fo r the year 1918............................. 5 ,1 6 9 69 D ividends pa id t o depositors fo r th e y ea r 1918 ............................. 35,089 73 Net earnings fo r th e yea r 1918' over expenses and) dividends paid t o d ep ositors................................................................................ 7 ,2 9 5 35 78 R eport on S a v in g s B anks 22. THE MECHANICS SAYINGS BANK, BEACON. [91 Main street; incorporated 1886] JOHN T. SMITH, President. GEOROE CHATTERTON, Secretary. BENJAMIN HAMMOND, Vice-President. BERTRAM L. SMITH, Treasurer. FERDINAND LOUGHRAN, Vice-President. T R U ST E E S WM. YATES, JOHN T. SMITH, ANDREW BARNES, BENJAMIN HAMMOND, JAMES E. VAN HOUTEN, GEORGE CHATTERTON JOHN W. CORWIN, K. P. C. KIEB, W. J. PRAIATOW SKI. HOMER H. STUART, BERTRAM L. SMITH, AARON E. ALDRIDGE, ROBERT McKINLEY, PRESTON GREENE, WM. J. CONKLIN, ROBERT B. LAMB. PERD. LOUGHRAN, PRANK L. HOWARD, HENRY MONTGOMERY. CHESTER H. BOND, F IN A N C IA L RESOURCES B on ds and m o rtga ges........................................... $851,453 47 S tock and bond Investments, v iz .: Par Original Estimated Stoclea and bonds value market value cost United States ........................ f 192,125 00 $192,125 00 $192,125 00 Cities in other States............ 188,700 00 197,798 63 , 189,474 00 Cities in this State............... 332,019 66 342,530 26 325,181 76 44,850 00 Counties in this State.......... 45,000 00 49,600 50 Towns in this S ta te.,........... 228,000 00 236,230 41 229, 500 00 528,637 86 Villages in this State........... 509,691 72 512,122 88 190,797 49 School districts in this State 180,550 00 187,977 00 239,050 00 Railroad m ortgage bonds— 242,000 00 186,610 00 $1,918,086 38 $1,976,770 15 ' $1,867,840 64 1 ,8 6 7 ,8 4 0 64 B anking house and lo t, book value, $15,000; cost, $22,460.22; actu al cash v a l u e ................................................................................... 15,000 00 O ther real estate, book value, $0,007.90; cost, $9,007.90; actual ca sh va lu e ................................................................................................ 8 , 860 00 Cash on deposit in banks o r tru st com panies.................................. 122 , 194 76 Cash on h a n d .............................................................................................. 1, 601 05 T ota l o f collectible in terest................................................................... 41, 985 84 A m oun t o f a ll other assets, v iz .: Land contracts ................................................................. $27,242 04 Rent accrued ..........................*........................................... 730 50 • Insurance premiums and taxes advanced..................... 1,740 64 W ar Savings Stamps........................................................ 516 06 30,229 24 $ 2 ,9 3 9 ,1 5 5 00 LIAB ILITIES A m oun t due depositors, v iz .: Principal .............................................................................. $2,495,124 29 Dividends credited or to be credited for the six months ending with December 31, 1918..................... 47,441 88 ------------------ $ 2 ,5 4 2 ,5 6 6 17 O ther lia b ilities, v iz .: Dividends accrued on deposits to January 1, 1919— $16,950 44 Expenses incurred, but unpaid, bonding officers........ 37 50 Loan, account Liberty Bonds......................................... 75,000 00 -------------------------------------- 91 ,98 7 94 Su rplu s on m arket v a lu e........................................................................ 304,6 0 0 89 $ 2 ,9 3 9 ,1 5 5 00 Su rplu s on par value, $354,846.63. r=a^:::::========a C A S H T R A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS Cash on hand an d in banks o r trust com panies Janu ary 1, $88,4 7 3 03 1918, before tran saction s o f the d a y ................; ........................ F rom depositors, n o t in cluding dividends credited*.................... 494,1 7 3 47 F rom interest on loans, deposits and investm ents.................... 129,497 73 F rom rents from banking h ou se........................................................ 805 50 F rom ren ts from oth er real esta te...................................................... 201 82 F rom m ortgages ....................................................................................... 2 0 .02 2 50 From redem ption o f stocks and b on d s............................................... 38 ,46 6 67 F rom stocks and bonds sold (to ta l par value, $ 1 3 9 ,0 5 0 )-----139,050 00 F rom real estate s o l d .............................................................................. 4 ,0 0 0 00 From a ll oth er sources, v iz .: D utchess T9 C ounty Insurance premiums and taxes advanced, refunded Land contracts .................................................................. Insurance received fo r Are losses................................. Suspense • dorm ant check................................................. Loan account Liberty Bonds........................................... $948 GO 662 % 3,406 15 50 16 75,000 00 $80,0 6 6 87 $994,757 69 PAYMENTS ; T o depositors, including dividends paid t o th em ......................... For loans on bonds and m ortga ges...................................................... For stocks a nd bonds purchased, in cluding premiums, com m is sions, etc. (to t a l pa r value, $ 2 2 4 ,5 4 5 )........................................... For interest (oth er than dividend paym ents to d e p o s ito r s ). . . . F or current expenses o f the bank, viz.: IPof S3.l3.ri6S For taxes : Banking house, $617.60; surpius, $2,686.65 For expenses, except taxes, o f banking h ouse: Repairs .................................. Insurance ...................................................................... Other .............................................................................. For expenses o f other real estate, v iz .: Repairs ........................................................................... Insurance ...................................................................... Taxes ............................................................................ Other ............................................................................ For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. $558,306 35 4 ,1 5 0 00 224,545 00 3 ,9 57 87 $$ 976 21 3,304 25 62 13 285 97 806 25 34 40 153 05 32115 26 29 2,920 78 14,879 48 F o r real estate acquired b y foreclosure, o r in settlement o f debts due the b a n k .............................................................................. Other paym ents, v iz .: Insurance premiums and taxes advanced..................... $776 34 Insurance, fire losses paid to m ortgagors..................... 3,405 16 U. S. W ar Savings Stamps purchased; Commission on real estate sold ; Suspense..................................... 684 81 B ills payable, Liberty Loan account........................... 50,000 00 10,256 78 54 ,86 6 30 Cash on hand and in banks or tru st com panies December 31, 1918, after transactions o f the d a y .......................................... S T A T IS T IC A L IN FO R M A TIO N = N um ber o f open accounts January 1, 1919.................................... Number o f accounts opened o r reopened during the y e a r .. . . Num ber o f accounts closed during the y e a r ................................. A m ount deposited during the year, n o t in cluding dividends credited fo r th a t p e r io d ..................................................................... A m ount w ithdraw n du rin g the y e a r ................................................... A m ount o f dividends credited and paid fo r the year, v iz .: May 1. 1918........................................................................... $48,123 84 November 1, 1918................................................................. 47,441 88 A verage am ount o f each account January 1, 1919.................... Num ber o f accounts w hich exceeded $3,000, exclusive o f d iv i dend's credited, a t the last tria l balance o f depositors’ ledgers, except deposits arising from society accounts, or ju d icia l sales, or tru st funds, or by order o f a court of record o r o f a su rrog a te................................................................... T ota l am ount o f such accounts (L ib erty bond accounts, tem p o ra ry ) ...................................................................................................... R ate per cent, o f dividends t o depositors during the six m onths ending June 30, 1 9 1 8 .......................................... ................................. R ate per cent, o f dividends t o depositors during the six m onths ending December 31, 1918................................................................. T otal earnings o f th e bank fo r the year 1918, after allow ing fo r camortization o f prem ium s and d iscou n ts............................. T otal expenses o f the bank for the yea r 1918............................... D ividends paid' to depositors for th e year 1918............................. N et earnings fo r the year 1918 over expenses and dividends paid t o d e p ositors................................................................................ 123,795 81 $994,757 59 6 ,1 52 1,572 1,168 $494,173 47 558,306 35 9 5 ,56 5 72 413 29 2 $17,642 02 4 4 $125,338 29 14.879 48 95 ,56 5 72 14.893 09 80 R eport on S a v in g s B anks 2 8 . P A W L IN G SA Y IN G S B A N K , P A W L IN G [Incorporated 1870] MERRICK D. GREEN, President HENRY D. WARNER, V ice-President W ILLIAM H. OSBORN, V ice-President HOWARD N. ALLEN, Secretary. GEORGE A . DANIELS, Treasurer. HENRY A. HOLMES. GEORG® A. ADAMS, HENRY S. WANZER. MERRICK D. GREEN, TRU STEES W ILLIAM H. OSBORN, GEORGE A. DANIELS. FRED C. TABER, FRANK A . DENTON. HOWARD N. ALLEN, FRANK ORSON HENRY HENRY P. W. D. F. HOAG, SLOAT, WARNER. BLESSING. F IN A N C IA L RESOURCES Bonds and m ortga ges.................... . S to ck and bond investm ents, v iz .: O riginal Estimated Stocks and bonds value market value cost United States ........................ $25,000 00 $25,000 00 $25,000 00 State o f M assachusetts........ 10,000 00 10,900 00 9,000 00 Cities in other States........... 40,000 00 41,302 00 40,475 00 Cities in this State............... 35,000 00 33,385 00 35,807 19 Counties in this S tate........ 16,000 00 14,700 00 16,200 00 Towns in this State........... 27,000 00 28,069 40 27,780 00 Villages in this State............ 62,000 00 51, 893 60 53,607 71 67,784 98 School districts in this State 65,500 00 67,262 51 89,580 00 Railroad m ortgage bonds— 113,00000 119,610 45 1383,160 00 $398,281 73 $428,905 00 $359,066 11 359,066 11 B anking house and lot, book value, $10,000; cost, $10,825.54; actu a l cash v a lu e ................................................................................... Cash on deposit in banks o r tru st com panies.................................. Cash o n h a n d .............................................................................................. T o ta l o f collectible i n t e r e s t ................................................................... 6,000 00 4 9 ,9 8 8 88 3 ,7 5 8 75 10,102 48 $857,821 22 LIABILITIES A m ou n t due depositors, v iz .: P rin cip a l.............................................................................. Dividends credited or to be credited for the six months ending with December 31, 1918..................... $783,627 23 14,312 63 -----------------S u rp lu s on. m arket v a lu e........................................................................ $797,939 80 59,881 38 $857,821 22 Surplus on par value, $83,975.25. C ASH T R A N SA C T IO N S W IR IN G T H E Y E A R 1918 RECEIPTS Cash on hand and in banks o r tru st com panies J anu ary 1, 1918, b efore tran saction s o f the day ...................................... F rom depositors, n ot in cluding dividends cred ited ......................... F rom interest o n loans, deposits and investm ents........................... F rom rente from oth er real esta te........................................................ F rom m ortgages ....................................................................................... F rom redem ption o f stocks and b on d s............................................... F rom stock s and bonds sold (to ta l pa r value, $ 3 ,5 2 5 ).................. F rom real estate sold .............................................................................. F rom a ll oilie r sources, v iz .: From sale o f U . S. T h rift stamp®. $57,594 131,837 3 9 ,28 5 45 2 7 ,0 2 5 4 .8 2 0 2 ,5 2 2 3 ,0 0 0 62 56 04 14 00 00 00 85 00 25 $266,191 84 D utchess C ounty 81 PAYMENTS $179,359 75 T o depositors, in cluding dividends paid to th em ............................. F o r loans cm bonds and m ortga ges.................................................. 8 ,0 0 0 00 F o r stocks and bonds purchased, in cluding premiums, com m is sions, etc. (to ta l par value, $18,525)'............................................. 17,585 10 F or current expenses o f the bank, v iz .: F or salaries ....................................................................... $2,141 00 F or ta xes: Banking house, $239.81; surplus, $486.01.. 72682 For expenses, except taxes, o f banking h ouse: Repairs ........................................................................... 118 86 16 50 Insurance .................................................................... Other .............................................................................. 197 36 For expenses o f other real estate, v iz .: R ep a irs.................... 3 00 Insurance .................................................................... 40 37 Taxes .............................................................................. 91 16 Other ............................................................................ 10 00 F or other expenses, not including expenses o f other real estate nor other expenses o f banking h ouse.. 1,156 31 -----------------4 ,4 9 9 36 F or real estate acquired by foreclosure, o r in settlem ent o f debts due the b a n k .............................................................................. 3 ,0 0 0 00 Cash on hand and in banks or tru st com panies December 31, 1918, a fter transactions o f th e d a y ............................................. 53,747 63 $266,191 84 S T A T IS T IC A L IN F O R M A T IO N Num ber o f open accounts Janu ary 1, 1919.................................... N um ber o f accounts opened or reopened du rin g th e y e a r . . . . Num ber o f accounts closed du rin g the y e a r ................................. A m ount deposited du rin g the year, n ot in cluding dividends credited fo r th a t' p e rio d ..................................................................... A m oun t w ithdraw n du rin g the y e a r ............................................... A m ount o f dividends credited and pa id fo r th e year, v iz .: July 1, 1918........................................................................... $14,437 25 January 1, 1919.................................................................... 14,312 63 A verage am ount o f each account Janu ary 1, 1919......................... R ate per cent, o f dividend's t o depositors du rin g the six m onths ending Jun e 30, 1918............................................................................ R a te per eeni. o f dividends to depositors du rin g the six m onths ending Decem ber 31, 1918................................................................. T ota l earniiqjs o f th e bank fo r the year 1918, after a llow in g fo r am ortization o f prem ium s and d iscou n ts........................... T ota l expenses o f th e bank fo r the year 1918................................. D ividends paid to depositors for the year 1918............................. N et earnings fo r th e year 1918 over expenses and dividends paid to depositors ................................................................................ 2 ,1 44 197 180 $131,837 04 179,359 75 2 8 .74 9 88 371 22 3 and 4 3 and 4 $38,733 95 4 ,4 9 9 36 2 8.749 88 5 ,4 84 71 82 R eport on S a v in g s R anks 24. THE POUGHKEEPSIE SAVINGS BANK, POUGHKEEPSIE [ a and 23 Market street; incorporated 1831J FLOY M. JOHNSTON, President. EDWARD S. ATW ATER. Viee-Pres. HENRY V. PELTON, Vice-President. FRANK B. LOWN, HENRY V. PELTON, EDWARD S. ATWATER, HENRY E. LOSEY, J. FREDERICK LOVEJOY, Treasurer. HARRY E. MEEKS, Asst. Treasurer. TRU STEES HARRIS S. REYNOLDS, JOHN C. OTIS, FLOY M. JOHNSTON, JAMES H. YOUNG, J. FREDERICK LOVEJOY, W ILLET E. HOYSRADT, HENRY BOOTH, JOHN E. ADRIANCE. F IN A N C IA L RESOURCES B onds a n d m o rtga ges......................., .......... ............................................ $ 8 ,6 0 6 ,8 9 9 41 S tock and bond investm ent, v iz .: Par O riginal Estimated Stocks and bonds value cost market value $843,584 00 $848,584 00 $843,584 00 United States ........................ State o f Idaho........................ 50,000 00 49,160 00 48,50000 200,000 00 215,460 00 176,00000 State o f M assachusetts........ sta te Of Utah........................ 90,000 00 90,054 50 87,30000 Cities in other States............ 412,000 00 427,176 48 401,14000 Cities in this State............... 1,922,400 32 1,980,228 85 1,862,42387 Counties in this State........ 81,500 00 81,900 70 80,395 00 Towns in this State............... 131,682 99 136,706 96 133,878 97 villages in this State............ 670,377 30 686,979 06 673,630 20 School districts in this State 195,650 00 203,304 71 199,268 25 R ailroad m ortgage bonds— 2,023,000 00 2,066,723 09 1,590,190 00 $6,620,094 61 $6,781,287 35 $6,095,310 29 P rom issory n o t e s ....................................................................................... B anking bouse and lot, b od e value, $ 1 2 0 ,0 0 0 ; cost, $193,328.60; actual cash v a lu e ................................................................. Other real estate, book value, $16,160.93; cost, $16,160.93; actu al cash value-................................................................................... Cash on deposit in banks o r tru s t com panies.................................. Cash on b a n d .............................................................................................. T o ta l o f collectib le in terest................................................................. A m oun t o f a ll oth er assets, v iz .: Insurance premiums and taxes advanced.................. $592 82 Rent accrued .................................................................... 60 00 U. S. T h rift Stamps........................................................... 532 00 6 ,0 9 5 ,3 1 0 29 7 5 ,9 0 0 00 120,000 00 10,000 00 611,7 4 2 23 130,610 87 185,856 78 1 ,1 84 82 LIAB ILITIES $ 1 5 ,8 3 7 ,5 0 4 40 .................... .......... A m ou n t due depositors, v iz .: Principal .............................................................................$14,271,589 07 Dividends credited or to be credited fo r the six 274,933 47 months ending w ith December 31, 1918........................ ------------------ $ 1 4 ,5 4 6 ,5 2 2 54 Other lia b ilities, v iz .: $250,000 00 B ills payable .................................................................... Interest accrued on bills payable...................................... 1,97743 -----------------251,977 43 Surplus on m arket v a lu e ........................................................................... 1 ,0 3 9 ,0 0 4 43 Surplus on pa r value $1,563,788.75. $ 1 5 ,8 3 7 ,5 0 4 40 ;.....;.= .-... C A SH T R A N SA C T IO N S DURING. T H E Y E A R 1918 RECEIPTS Cash o n hand and in banks o r tru st com panies J anu ary 1, 1918, before tran saction s o f th e d a y ............................................... $711,936 From depositors, n ot in clud ing dividends cred ited ....................... 1 ,9 4 9 ,0 2 3 F rom interest on loans, deposits and in vestm ents......................... 715,194 From rents fro m other real esta te.................................................... 300 F rom m ortgages ........................................................................... 258,2 5 2 83 41 97 00 75 D utchess 83 C ounty F rom redem ption o f stocks and b on d s............................................ From stocks and bonds sold (to ta l par value, $ 1 7 9 ,6 5 0 ).............. From loans p a id ........................................................................................ From a ll oth er sources, v iz .: Insurance premiums and taxes advanced, refunded.. $3,390 36 Received on land con tra ct; exam ination fe e s; ad justm ent cash shortage................................................ 1,310 72 B ills paya b le....................................................................... 350,000 00 W ar Savings Stamps....................................................... 2,186 00 ------------------ $299,296 21 179,650 00 63 ,18 3 62 356,887 08 $ 4 ,5 3 3 ,7 2 4 87 PAYMENTS T o depositors, in cluding dividends paid to th em ....................... $ 2 ,7 0 2 ,3 6 1 64 ,50 6 F or loans on bonds and m ortga ges................................................... F o r loans on stocks and bonds and other secu rities................ 5 0 ,00 0 F or stocks and bonds purchased, including premiums, com m is sions, etc. (to ta l par value, $ 8 0 2 ,1 9 3 .7 7 ).................................. 802,120 F or interest (oth er than dividend paym ents to d e p o s ito r s ). . . . 4 ,1 0 3 F o r current expenses o f the bank, v iz .: For salaries ....................................................................... $26,139 80 For taxes : Banking house, $1,839.61; surplus, $9,506.14 11,345 75 For expenses, except taxes, o f banking house: Repairs ......................................................................... 126 45 Insurance ...................................................................... 68 75 Other .............................................................................. 724 21 F or expenses o f other real estate, v iz .: Repairs ................................................................ 22 50 73 82 Insurance .................................................................... For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. 6,980 66 -----------------45,481 F or real estate acquired b y foreclosure, or in settlem ent o f debts due the b a n k .............................................................................. 16,160 Other paym ents, v iz .: Insurance premiums and taxes advanced................... $3,918 18 U. S. T h rift Stamps purchased..................................... 532 00 B ills payable, paid on account........................................ 100,000 00 W ar Savings Stamps........................................................ 2,186 00 -----------------106,636 Cash on hand and in banks or trust com panies December 31, 742,353 1918, a fter transactions o f the d a y ............................................... 85 32 00 83 72 94 93 18 10 $ 4 ,5 3 3 ,7 2 4 87 S T A T IS T IC A L IN F O R M A T IO N 27,478 N um ber o f open accounts January 1, 1 9 1 9 ..................................... 2 ,0 87 N um ber o f accounts opened or reopened durin g the y e a r ........... 2 ,6 9 7 Number o f accou nts closed du rin g the year ............................... A m oun t deposited durin g the year, n ot in cluding dividends credited fo r th a t p eriod ..................................................................... $ 1 ,9 4 9 ,0 2 3 41 2 ,7 0 2 ,3 6 1 85 Am ount w ithdraw n du rin g th e yea r ............................................... A m oun t o f dividends credited and p a id for the rea r, v iz .: July 1, 1918........................................................................... $277,227 TO January 1, 1919...................................................................... 274,933 47 Credited at other periods............................................... 1 16 552.161 63 Average am ount o f each account January 1, 1919......................... 529 38 Rate per cent, o f dividends t o depositors du rin g the six m onths 4 ending Jun e 30, 1 9 1 8 ......................................................................... R ate per cent, o f dividends to depositors during the six m onths ending Decem ber 31, 1918................................................................. 4 T ota l earnings o f the bank fo r the yea r 1918, after a llow in g fo r am ortization o f premiums and d iscou n ts............................. $700,713 13 T otal expenses o f the bank fo r the yea r 1918.................................. 45,481 94 D ividends paid to depositors fo r the year 1918........................... 552.161 63 N et earnings fo r the year 1918 over expenses and dividends paid t o dep o sitors................................................................................... 103,069 56 84 R eport on S a v in g s B anks B5. RHINEBECK SAYINGS BANK, RHINEBECK [15 Montgomery street; Incorporated I860] AUGUSTUS M. TRAVER, President. JACOB H. STRONG Vice-President. M. V. B. SCHRYVER, Vice-President. A. LEE STICKLE, Treasurer. TRUSTEES AUGUSTUS M. TRAVER, M. V. B. SCHRYVER, JACOB H. STRONG, JAS. S. ARMSTRONG, A. LEE STICKLE, W ILLIAM R. CARROLL, CHARLES FERRIS, MANDEVILLE 8. FROST, TRACY DOWS, ELMER COON. MARCUS M. LOWN, CHAS. B. HOFFMAN, JOHN P. HERMANS, EUGENE P. BUDD, WILLIAM P. ADAMS. F IN A N C IA L RESOURCES Bonds and m o rtga ges................................................................................ Stock and bond investm ents, viz.: Original Estimated Par Stocks and Bonds value cost market value $45,264 50 United States ........................ $45,934,00 $46,946 00 9,975 00 10,200 00 10,000 00 State o f Louisiana Cities in other S ta tes.... 34,650 00 38,304 45 36.000 00 76.000 00 Cities in this State........... 80,097 00 74,285 00 Counties in this S ta te .... 6,000 00 6,922 40 5,900 00 Towns in this State........... 23,800 00 24,667 30 24,023 00 93,085 40 Villages in this State........ 99,128 84 91,607 69 Railroad m ortgage bonds.. 174,000 00 179,349 68 150,080 00 $464,819 40 $483,700 1/7 $440,879 75 $436,691 69 436,691 69 B anking house and lo t, b ook value, $5,000; cost, $10,111.20; actu al cash v a lu e ................................................................................... Gash o n dep osit in banks o r tru st com panies............................... Cash o n h a n d .................................................................................................. T o ta l o f collectible in terest................................................................... A m oun t o f a ll oth er assets, v iz .: Due on L ib erty B on d s........... 5 ,0 0 0 38,331 6 ,5 3 1 11,108 4 ,6 8 2 00 45 63 69 50 $943,225 71 LIAB ILITIES A m ou n t due depositors, v iz .: Principal .............................................................................. Dividends credited or to be credited for the six months ending with December 31, 1918...................... Su rplu s o n $889,110 55 16,618 76 -----------------$885,729 31 m arket v a lu e .......................................................................... 5 7 ,4 9 6 40 $943,225 71 Su rplu s on par value, $85,624.11. C A SH T R A N SA C T IO N S DURING. T H E Y E A R 1918 RECEIPTS Cash on hand a n d in banks o r trust com panies Janu ary 1, 1918, before tran saction s o f th e d a y ........................................... $ 4 3 ,5 5 4 F rom depositors, n ot in cluding dividends cred ited .................... 124,917 From interest on loans, deposits a n d investm ents.................... 4 3,071 F rom m ortgages ....................................................................................... 2 8 ,9 0 0 From redem ption o f stocks and b on d s............................................. 2 0 ,5 0 0 F rom stock s and bonds sold (to ta l par value, $ 2 1 ,0 0 0 )......... 2 1 ,5 5 3 F rom real estate s o ld ............................................................................... 404 F rom a ll other sources, v iz .: Insurance premiums and taxes advanced, refunded.. $56 10 Unpresented cashier’s check credited to profit and loss .................................................................................... 5 66 Liberty Bond payments by subscribers........................ 120,563 64 12 64 97 00 00 00 69 125,593 27 $408,494 69 D utchess C ounty PAYMENTS T o depositors, including dividends paid to th em ........................... F o r loans on bonds and m ortga ges................................................... F o r stocks and bonds purchased, including premiums, com m is sions, etc. (to ta l par value, $ 5 0 ,9 3 4 ) ........................................ F o r interest (oth er than dividend paym ents to d e p o s ito r s ). . . F or eurrent expenses o f the bank, viz.: For salaries ....................................................................... $3,230 00 For taxes : Bankinghouse, $145.43 ; surplus, $530.02.. 675 45 For expenses, except taxes, o f banking house: 11 56 Repairs .......................................................................... Insurance .................................................................... 29 92 Other .............................................................................. 6 50 For other expenses, not including expenses o f other real estate nor otherexpenses o f banking house.. 1,142 99 85 $156,947 09 20,000 00 5 0 ,2 6 4 50 306 22 5 ,0 9 6 42 For real estate acquired b y foreclosure, or in settlem ent o f debts due the b a n k .............................................................................. Other paym ents, v iz .: $37 56 Insurance premiums and taxes advanced IT. S. War Savings Stamps...................... 4.967 87 125,246 14 Liberty Bond account ............................... 765 81 130,251 57 Cash on hand and in banks or trust com panies December 31, 1918, a fter transactions o f the d a y .......................................... 4 4 ,86 3 08 $408,494 69 S T A T IS T IC A L IN F O R M A T IO N Number o f open accou nts January 1, 1919.................................... Number o f accounts opened or reopened durin g the y e a r ........... Num ber o f accou nts closed during th e y e a r .................................. A m oun t deposited during the year, n ot in cluding dividends credited fo r th a t p e rio d ................................................................... A m ount w ithdraw n du rin g the y e a r ................................................. A m ount o f dividends credited and paid fo r the year, v iz .: July 1, 1918........................................................................... $15,931 14 January 1, 1919................................................................... 16,618 76 To correct error in dividend o f Jan. 1, 1918................ 27 18 A verage am ount o f each account January 1, 1919................ R ate per cent, o f dividends to depositors du rin g the six months ending Ju n e 30, 1918.......................................................................... R a te per cent, o f dividends to depositors du rin g the six months ending December 31, 1918..................................................................... T ota l earnings o f th e bank for the year 1918, a fter allow ing fo r am ortization o f prem ium s and d iscou n ts............................. T ota l expenses o f the bank fo r the year 1918............................... D ividends paid t o depositors fo r the year 1918......................... N et earnings fo r th e yea r 1918 over expenses and dividends paid to depositors ................................................................................ 2 ,9 1 5 211 255 $124,917 64 156,947 09 32,522 72 303 95 3 and 4 4 $41,571 05 5 ,0 9 6 42 3 2,549 90 3 ,9 24 73 86 R eport oh S a v in g s B anks 26. WAPPINGER SAVINGS BANK, WAPPINGERS FALLS 12 M ill street; incorporated 1869] I. T. N. HARCOURT, Vice-President. W ILLIAM A. BREW STER, Treasurer. CHARLES T. JONES, Vice-President. J. W. CORNELL, Asst. Treasurer. J. WYCKOFF CORNELL, Secretary. TRUSTEES MORTENSE H. CORNELL, VVM. A. BREWSTER. ERNEST D. BAXTER. GEORGE W. ABBOTT, J. WYCKOFF CORNELL, JOHN H. WIXSON, GEORGE H. ANGELL, CHARLES T. JONES, THOMAS J. CASHIN, W ILLIAM J. WORKMAN, I. T. N. HARCOITRT. G. A. CUNNINGHAM. FINANCIAL RESOURCES .......................................... Bonds and m o rtga ges.................... Stock and bond investm ents, v iz .: Original Estimated Par cost market value (Hooks and bonds value $58,684 00 $58,696 00 United States ........................ $58,696 00 26,925 78 26,484 # Cities in this State............... 26,426 67 41,842 22 40,134 22 Counties in this State........ 41,334 22 22,706 28 20,812 00 Towns in this State........... 21,400 00 39,379 33 40,123 80 38,780 09 Villages in this State........... 26,489 60 26,5# M School districts in this State 26,0# 09 107,291 25 85,710 # Railroad m ortgage bonds— 104,0# 00 $316,626 89 $323,313 46 $298,480 02 = = = = = = = = = = = = = = = Cash on deposit in banks or trust com panies.................................. Cash on h a n d .............................................................................................. T ota l o f collectible in terest..................................................................... $382,860 00 208,4 8 0 9 1 ,1 3 0 3 ,6 5 2 10,015 02 11 62 77 $786,138 52 LIABILITIES A m oun t due depositors, v iz .: Principal ............................................................................. Dividends credited or to be credited for the six months ending w ith December 31, 1918..................... $719,769 86 13,733 83 __________ Other liabilities, v iz .: D ividends accrued on deposits t o Jan u ary 1, 1919........................................................................................... Surplus on m arket v a lu e ......................................................... $733,503 69 6 ,9 0 0 00 4 5 ,73 4 83 $786,138 52 Surplus on p a r value, $63,891.70 C ASH T R A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS Cash on hand and’ in banks o r trust com panies January 1, 1918, b efore tran saction s o f the d a y ............................................... F rom depositors, n ot in clud ing dividends cred ited .................... From interest on loans, deposits a nd in vestm ents......................... From m ortga ges ..................................................................................... F rom redem ption o f stocks and b on d s............................................. F rom stock s and bonds sold (to ta l par value, $ 8 1 ,8 0 0 )........... $109,427 247,107 36 ,20 3 7 ,2 3 6 5 7 ,05 4 81,800 03 61 77 00 22 00 $538,827 63 PAYMENTS T o depositors, in cluding dividend's paid t o th em ......................... F o r stocks and bonds purchased, in cluding prem ium s, com m is sions, etc. (to ta l p a r value, $ 1 9 6,1 6 8 .2 2 ).................................. F o r interest (oth er than dividend paym ents to d e p o s ito r s ). . . $243,466 69 196,440 98 90 37 D utchess 87 C ounty F or current expenses o f the bank, v iz .: For salaries ..................................................................... For taxes : Surplus....................................................... For expenses, except taxes, o f banking h ouse: Repairs ......................................................................... 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 ouse.. $2,700 00 473 54 47 75 180 00 630 17 -----------------Other paym ents, v iz .: Insurance prem ium advanced.................. Cash on hand and in banks o r tru st com panies December 31, 1918, after transactions of the d a y ............................................... $4,031 46 15 40 94,782. 73 $538,827 63 S T A T IS T IC A L IN FO R M A TIO N Num ber o f open accounts January 1, 1919...................................... Num ber o f accounts opened and reopened during the y e a r -----N um ber o f accounts closed during th e y e a r .................................... A m oun t deposited durin g the year, n ot in cluding dividends credited fo r th at p e r io d ..................................................................... A m ount w ithdraw n durin g the y e a r ............................................... A m ount o f dividends credited and pa id fo r the year, v iz .: April 1, 1918......................................................................... $13,749 45 October 1, 1918................................................................. 13,733 83 ' -----------------Average am ou nt o f each account January 1, 1919.................... R ate per cent, o f dividends t o depositors durin g the six m onths ending A p ril 1, 1918............................................................ R ate per cent, o f dividends t o depositors du rin g th e six m onths en din g O ctober 1, 1918........................................................ T ota l earnings o f th e bank fo r the yea r 1918, a fter allow ing fo r am ortization o f prem ium s and d iscou n ts......................... T ota l expenses o f the bank fo r the year 1918.................................. D ividends paid t o depositors fo r the year 1918......................... N et earnings fo r the year 1918 over expenses and dividends paid to dep o sitors.................................................................................. 1,775 202 189 $247,107 61 243,466 69 2 7 ,48 3 28* 414 36 4 4 $ 35,945 10 4 ,0 31 46 27,483 28 4 ,4 3 0 36 E R IE C O U N TY 87. AMERICAN SAYINGS BANK OF BUFFALO, BUFFALO [216 Main street; Incorporated 1907] JOHN M. SATTERFIELD, President, CHARLES J. F IX , V ice-lkes. JAMES HANRAHAN, Vice-President. W ILLIAM P. LURDEKE, Secretary. TRUSTEES FRANK X . ARGUS, WILLIAM T . ATW ATER, ALFRED H. BURT, MYRON P. BUSH, EDWARD H. BUTLER. CHARLES J. FIX , HERBERT A . MELDRUM, WM. P. LUEDEKB, F. E. FRONCZAK, JAMES HANRAHAN, NORMAN E. MACK, ROBERT H. HEUSSLEB, J. M. SATTERFIELD, THOMAS STODDART, WM. H. HOTCHKISS, CHAS. W. TOYNBEE, DUDLEY M. IRWIN, G. M. ZIMMERMAN. BERT L. JONES, F IN A N C IA L RESOURCES $ 1 ,9 4 3 ,3 8 5 00 B onds and m ortga ges........... S tock and bond investm ents, v iz. J Estimated Par Original Stocks and bonds market value cost value United States................... $225,000 00 $225,000 00 $225,000 00 State o f New M exico...... 30.000 00 29,333 86 29,400 00 65,650 00 C ities in other States___ 66.000 00 66,771 77 Cities in this State......... 139,403 83 137,796 68 138,739 08 24,000 00 24,600 00 Towns in this State......... 24,937 92 Villages in this State...... 70,289 27 70,104 00 70,100 00 468,850 00 606,607 64 Railroad m ortgage bonds 514,000 00 $1,066,839 03 $1,061,344 19 P rom issory notes ....................................................... Cash on deposit in banks o r tru st co m p a n ie s .. . Cash on h a n d ................................................................. T o ta l o f collectible in terest...................................... LIAB ILITIES $1,021,300 68 1 ,0 2 1 ,3 0 0 3|,91o 312,8 3 4 16,466 2 3 ,2 7 2 68 00 68 27 57 $ 3 ,3 2 1 ,1 7 4 20 ............... —.....-— A m oun t due depositors, v iz .: Principal ............................................................................. $3,191,943 09 Dividends credited or to be credited for the six months ending w ith December 31, 1918..................... 57,734 26 ------------------ $ 3 ,2 4 9 ,6 7 7 35 Su rplu s on m arket v a lu e ..................................................................... 71,496 85 $ 3 ,3 2 1 ,1 7 4 20 Surplus on par value, $117,035.20 C A SH T R A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS Cash on hand and! in banks o r trust com panies Janu ary 1, 1918, before transactions o f th e d a y ........................................... $203,543 F rom depositors, n o t in cluding dividends cred ited ...................... 1 ,4 9 3 ,0 0 3 F rom interest on loans, deposits and investm ents.................... 150,377 F rom m o r t g a g e s .......................................................................................... 104,3 1 0 F rom redem ption o f stocks an d b on d s.......... ................................... 6 8 ,90 3 F rom stocks and bonds sold (to ta l par value, $ 3 1 2 ,2 5 4 .4 7 ).. 312,254 F rom loans p a i d ....................................................................................... 2 ,0 9 5 F rom a ll oth er sources, v iz .: Exchange and' d iscou n t................ 123 48 51 70 00 09 47 00 90 $ 2 ,3 3 4 ,6 1 1 15 [8 8 ] E e ie 89 C ounty PAYMENTS T o depositors, including dividends paid t o th em ......................... $ 1 ,3 3 2 ,9 4 7 F or loans on bonds and: m ortgages................................................... 112,700 6 ,0 1 0 F or loans on stocks a nd bonds and oth er secu rities____ _____ F or stocks and bonds purchased, including premiums, com m is sions, etc. (to ta l p a r value, $540,319<.54)...................................... 535,507 F or interest (oth er than dividend paym ents to depositors) . . 328 For current expenses o f the bank, viz.*: $8,837 46 For salaries — ................................................................. For taxes : Surplus......................................................... 477 21 For rent o f banking room s............................................ 5,000 00 For other expenses, not Including expenses o f other real estate nor other expenses o f banking house.. 3,522 18 -----------------17,816 Cash on hand and in banks or trust com panies Decem ber 31, 1918, after transaction® o f the d a y ............................................... 329,360 63 00 00 04 68 So 95 $ 2 ,3 3 4 ,6 1 1 15 S T A T IS T IC A L IN FO RM ATIO N Number o f open account® January 1, 1919.................................... 7 ,977 Number o f accounts opened or reopened during the y e a r . . . . 2 ,0 6 3 Number o f accounts closed du rin g the y e a r ............................... 2,391 A m ount deposited du rin g the year, not in cluding dividends credited fo r th a t p e r io d ..................................................................... $ 1 ,4 9 3 ,0 0 3 51 A m ount w ithdraw n during the y e a r ............................................... 1 ,3 32 ,9 4 7 63 Am ount o f dividends credited and paid fo r the year, v iz .: July 1, 1918.......................................................................... $55,807 96 January 1, 1919................................................................... 57,477 65 Credited at other periods................................................ 289 63 --------------------------------------- 113,575 24 Average am ou nt o f each account Janu ary 1,- 1919 ...................... 407 38 R ate per cent, o f dividends t o depositors during the six m onths ending June 30, 1918.......................................................... 4 R ate per cent, o f dividends t o depositors during th e six m onths ending December 31, 1918............................................... 4 T ota l earnings o f the bank fo r the year 1918, after allow ing fo r am ortization o f prem ium s and discou n ts...................... , $151,567 82 T otal expenses o f the bank fo r the year 1918........................... 17,816 85 113,575 24 D ividends paid to depositors fo r the yea r 1918........................... N et earnings fo r the yea r 1918 over expenses and dividends paid to d e p ositors......... ................................................................. 2 0,175 73 90 R eport on S a v in g s B anks 28. BUFFALO SAVINGS BANK, BUFFALO [545 Main street; incorporated 1846] E. CORNING TOWNSEND, President. GEORGE D. SEARS, Secretary. CHARLES L. GURNEY, Vice-Pres. F. X . WANEMACHER, Treasurer. SEYMOUR P. W HITE, Vice-Pres. CHARLES DENNY, Asst. Secretary. OSCAR J. RODENBACH, Asst. Treasurer. E. CORNING TOWNSEND, WM. H. GLENNY. CHARLES B. H ILL, RICHARD E. GAVIN, CHARLES L. GURNEY, TRU STEES JOHN L. CLAWSON, SEYMOUR P. W HITE, HENRY M. GERRANS, D e w it t c l in t o n , C. B. PORTER, I. S. UNDERHILL, JOHN A. MANN, WM. HUDSON, HUGH KENNEDY. EDWARD L. KOONS. F IN A N C IA L RESOURCES $ 1 8 ,9 7 3 ,9 7 0 00 Bonds and m o rtga ges...................... S tock and bond investm ents, viz.: Original Estimated Stocks and bonds value cost market value United States........................... $4,909,000 00 $4,886,793 80 $4,908,854 24 94,940 00 State o f C alifornia............... 101,000 00 96,328 75 State o f Louisiana.................. 100,000 00 105,500 00 109,665 00 6,269,035 00 Cities in other States.......... 6,270,500 00 6,553,628 96 Cities in this State................ 3,386,927 83 3,374,166 08 3,515,834 70 Counties in this State.......... 530, M0 00 543,337 17 533,935 M Towns in this State............... 79,000 00 84,332 50 77,420 00 Villages in this State............ 156,759 20 158,563 27 148,962 64 96, M0 00 School districts in this State 94,750 00 96,671 72 Railroad m ortgage bon ds.... 9,711,000 00 10,209,667 68 8,923,520 M $25,338,937 03 $26,254,811 55 $24,531,532 86 2 4 ,5 3 1 ,5 3 2 86 B anking house and lot, book value, $450,000; cost, $783,734.76; actual cash v a lu e ...........................’ ...................................... Other real estate, book value, $57,099.68; cost, $57,099.68; actu al cash value .............................................................................. Cash on deposit in banks or tru st com panies................................ Cash on hand .............................................................................................. T otal o f collectible in terest................................................................. 783,734 76 57 ,09 9 3 ,5 0 7 ,5 2 6 402,896 375,790 68 85 97 46 $48,632,551 58 LIABILITIES A m oun t due depositors, v iz .: Principal ............................................. ...............................$44,352,774 95 Dividends credited or to be credited for the six months ending w ith December 31, 1918................... . 812,126 34 ------------------ $ 4 5 ,1 6 4 ,9 0 1 29 Surplus on m arket v a lu e .......................................................................... 3 ,4 6 7 ,6 5 0 29 $ 4 8 ,6 3 2 ,5 5 1 53 Su rplu s on par value, $4,275,054.46. C A SH T R A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS Cash on hand a n d in banks o r tru st com panies J anu ary 1, 1918, before tran saction * o f the d a y .......................................... $ 3 ,75 0 ,7 9 1 F rom depositors, n o t in clud ing dividends cred ited .................... 1 3 ,89 5 ,2 0 6 F rom in terest on loans, deposits and in vestm ents.................... 2 ,0 8 0 ,4 4 6 From rents from banking b o u s e ........................................................ 15,189 F rom rents from oth er real esta te...................................................... 17,057 F rom m o r t g a g e s .................. ....................................................................... 2 ,1 4 1 ,5 5 3 F rom redem ption o f stocks and b on d s........................................... 3 ,1 1 3 ,8 4 5 F rom loans paid ..................................................................................... 143,420 F rom real estate sold .............................................................................. 193,900 F rom all other sources, v iz .: 98 96 12 78 55 70 53 00 00 E r ie C 91 ounty Insurance premiums advanced, refunded..................... Received in settlem ent deficiency judgm ent.............. Settlem ent and adjustm ent “ Other real estate ” ... $8 00 755 73 7,820 00 ____________ $ 8,583 73 $ 2 5 ,3 6 0 ,0 0 4 35 PAYMENTS ================== T o depositors, in cluding dividends p a id t o th em .......................... $ 1 2 ,4 0 5 ,2 3 3 83 F or loans on bonds and m ortga ges.................................................... 1 ,2 7 0 ,6 5 0 70 6 5,615 50 F or loans on stocks and bonds and other secu rities................... F or stocks and bonds purchased, in cluding premiums, com m is sions, etc. (to ta l par value, $ 7 ,4 9 2 ,7 5 0 )..................................... 7 ,4 7 4 ,6 4 8 80 F o r in terest (oth er than dividend paym ents to d e p o s ito r s ). . 13,375 72 F or current expenses o f the bank, v iz .: F or salaries ....................................................................... $88,250 78 F or ta x es: Banking house, $12,012.92; surplus $25,823.48 ........................................................................... 37,836 40 For expenses, except taxes, o f banking h ouse: Repairs .......................................................................... 702 86 Insurance ..................................................................... 1,706 84 Other ............................................................................. 13,550 00 F or expenses o f other real estate, v iz .: Repairs .......................................................................... 1,098 87 Insurance ...................................................................... 220 21 Taxes ............................................................................. 4,444 72 Other ............................................................................. 11,505 27 For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. 16,288 89 --------------------------------------- 175,604 84 F or real estate acquired by foreclosure, or in settlem ent of debts due the b a n k .............................................................................. 41,951 14 Other paym ents, v iz .: Front surplus t o reduce “ B ook value ” o f oth er real esta te.................................................................................. 2 ,5 0 0 00 Cash on hand and in banks or tru st com panies December 31, 1918, after transactions o f the d a y ............................................... 3 ,9 1 0 ,4 2 3 82 $ 2 5 ,3 6 0 ,0 0 4 35 S T A T IS T IC A L IN F O R M A T IO N Num ber o f open accounts January 1, 1919.................................... 7 0,425 Num ber o f accounts opened or reopened du rin g the y e a r . . . . 11,353 N um ber o f accou nts closed during the y e a r .................................. 10,001 A m oun t deposited du rin g the year, n o t in cluding dividends credited fo r th at p e rio d .......................................................................$ 1 3 ,8 9 5 ,2 0 6 96 A m oun t w ithdraw n during the year ................................................. 1 2 ,40 5 ,2 3 3 83 A m ount o f dividends credited and paid fo r the year, v iz .: July 1, 1918........................................................................... $803,339 68 January 1, 1919.................................................................... 812,126 34 Credited a t other periods................................................ 12,297 78 Paid but not credited...................................................... 110 84 -----------------1 ,6 2 7 ,8 7 4 64 A verage am ount o f each account Janu ary 1, 1919....................... 641 32 N um ber o f accounts which exceeded $3,000, exclusive o f d iv i dends credited, a t the last tria l balance o f depositors’ ledgers except deposits a risin g from society accounts, o r ju dicia l sales, or tru st funds, or by order o f a cou rt o f record or of a su rroga te ............................................................................................ 3 T ota l am ount o f such a ccou n ts............................................................ $11,106 51 R a te per cent, o f dividends t o dep ositors durin g the six m onths ending June 30, 1918............................................................ 4 R ate per cent, o f dividends t o depositors durin g th e six m onths ending Decem ber 31, 1918.................................................... 4 T ota l earnings o f th e hank fo r the year 1918, a fter allow in g fo r am ortization o f prem ium s and discou n ts............................. $ 2 ,0 6 5 ,6 2 2 21 T ota l expenses o f the bank fo r the yea r 1918.................................. 175,604 84 D ividends paid t o depositors fo r the year 1918............................. 1 ,6 2 7 ,8 7 4 64 ixet earnings fo r the year 1918 over expenses and dividends paid to depositors .............................................................................. 2 62,142 73 92 R 29. eport on S a v in g s B anks ERIE COUNTY SAYINGS BANK, BUFFALO (M ain, Niagara, Church and Pearl streets; incorporated 1854] ROBERT S. DONALDSON, President. G. BARRETT RICH, Vice-President. GEORGE R. HOWARD, Vice-President. ROBERT 8. DONALDSON, GEORGE L. WILLIAMS, W ILLIAM A. ROGERS, G. BARRETT RICH, GEORGE R. HOWARD, ROBERT D. YOUNG, Treasurer. STEPHEN B. LEE, Asst. Treasurer. T R U ST E E S JOHN C. BRADLEY, CARLTON M. SMITH, THOS. T . RAMSDELL, JOHN W. ROBINSON, H. W. SPRAGUE, WHITNEY G. CASE, ROBERT D. YOUNG. GEORGE C. GINTHER. JOHN K . WALKER. E. H. HUTCHINSON. F IN A N C IA L RESOURCES B on ds and m ortgages .............................................................................. $ 3 4 ,4 1 8 ,4 5 2 93 S tock and bond investm ents, v iz .: Par O riginal Estim ated Stocks and bonds value cost market value United states ........................ $3,175,000 Oft $3,175,000 00 $3,176,00000 State o f Alabama................... 300,000 00 320,345 00 294,00000 State o f M assachusetts......... 500,000 00 560,625 00 440,00000 Cities in other States............ 3,082,000 00 3,222,706 45 2,919,14000 7,698,974 12 7,184,48557 Cities in this State............. 7,502,608 07 Counties in this State.......... 20,000 00 20,000 00 19,60000 Railroad m ortgage b on d s... 10,176,000 00 10,748,732 30 8,436,730 00 $24,844,608 07 $25,746,381 87 $22,468,955 57 P rom issory notes ....................................................................................... B anking house and lot, book value, $1,196,057.43; cost, $1,196,057.43; a ctu a l c a d i v a lu e .......................................................... O ther real estate, book value, $43,293.09; cost, $43,293.09; actual cash value ........................... ................................................... Cash on deposit in banks or tru st com pan ies............................... Cash on hand ............................................................................................ T o ta l o f collectible in terest................................................................... A m ou n t o f all oth er assets, v iz .: R en t a ccru ed ............................. 2 2 ,4 6 8 ,9 5 5 57 228,291 89 1 ,1 9 6 ,0 5 7 43 4 3 ,29 3 4 ,8 4 2 ,8 1 9 2 18,861 720,919 1 ,8 68 09 31 36 69 82 $ 6 4 ,1 3 9 ,5 2 0 09 LIAB ILITIES A m ou n t due depositors, v iz .: Principal .............................................................................$59,230,724 92 Dividends credited or to be credited for the six months ending w ith December 31, 1918..................... 1,102,710 % ------------------ $ 6 0 ,3 3 3 ,4 3 5 77 Surplus on m arket v a l u e ........................................................................ 3 ,8 0 6 ,0 8 4 32 $ 6 4 ,1 3 9 ,5 2 0 09 Surplus on pa r valuer $6,181,736.82. C A SH T R A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS Cash on hand and1 in hanks o r trust com panies Janu ary 1, 1918, before tran sa ction s o f th e d a y ...........................................5 ,5 1 5 ,6 5 1 19 F rom depositors, n o t in clu d in g dividends cred ited ................ 1 4 ,1 9 5 ,4 3 0 93 F rom in terest on loans, deposits a nd investm ents....................... 2 ,7 4 6 ,3 1 8 25 F rom rents from banking house ........................................................ 6 0 ,50 6 93 From rents from oth er real esta te.................................................... 477 50 F rom m o r t g a g e s .......................................................................................... 1 ,1 8 5 ,8 0 5 00 F rom redem ption o f stocks and b on d s............................................. 8 7 1 ,1 9 9 98 F rom stocks and bonds sold- (to ta l par value, $ 2 4 ,6 4 0 .2 8 ).... 2 4 ,6 4 0 28 F rom loans pa id ....................................................................................... 212,3 8 0 00 From real estate s o ld .............................................................................. 10,296 23 E r ie 93 -C o u n t y From a ll oth er sources, viz.: Settlem ent o f fire loss hank building........................... P rofit sale o f real estate................................................. U. S. T h rift Stomps sold................................................. Sale o f old m aterial......................................................... $232 00 329 71 1,695 00 219 13 -------- ---------- $£ ,47 5 84 $ 2 4 ,8 2 5 ,1 8 2 13 PAYMENTS T o depositors, in clud ing dividends paid to th em ...................... $ 1 4 ,8 0 4 ,3 0 6 88 F o r loans o n bonds and m ortga ges....... ............................................ 1 ,1 6 3 ,2 7 5 00 111,438 40 F or loans on stoeks and bonds and oth er secu rities................. F or stocks* and bonds purchased, in cluding premiums, com m is sions, etc. (to ta l pa r value, $3,439,640.28)..................................... 3 ,4 3 0 ,6 4 0 28 F or interest (oth er th an dividend paym ents t o d e p o s ito r s ). . 11,054 23 F o r cu rrent expenses o f the bank, v iz .: F or salaries ........................................................................ $89,343 27 For ta x es: Banking house, $27,068.52; surplus, *28,244.78 ........................................................................... 55,313 30 For expenses, except taxes, o f banking h ouse: Repairs .......................................................................... 10,339 47 Insurance ..................................................................... 3,978 08 Other ............................................................................. 30,316 21 For expenses o f other real estate, v iz .: Repairs .......................................................................... 44 36 Insurance ..................................................................... 276 64 Taxes ............................................................................. 1,036 56 For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. 31,147 55 -----------------221,795 44 F o r real estate acquired by foreclosure, or in settlem ent o f debts due the b a n k .............................................................................. 10,296 23 O ther paym ents, viz. : U . S. T h rift S ta m ps.................................... 1 ,695 00 Cash on hand and in banks or trust com panies December 31, 1918, after transactions o f the d a y ............................................... 5 ,0 6 1 ,6 8 0 67 $ 2 4 ,8 2 5 ,1 8 2 13 S T A T IS T IC A L IN FO R M A TIO N Num ber o f open accounts January 1, 1919...................................... 93,427 Num ber o f accounts opened or reopened durin g the y e a r ____ 12,033 Num ber o f accounts closed during the y e a r .................................. 12,835 A m oun t deposited du rin g the year, n ot in cluding dividends credited fo r th a t p e r io d ..................................................................... $ 1 4 ,1 9 5 ,4 3 0 93 A m oun t w ith draw n du rin g the y e a r ............................................... 1 4 ,8 0 4 ,3 0 6 .8 8 A m oun t o f dividends credited and paid fo r the year, v iz .: July % 1918.......................................................................... $1,099,614 52 January 1, 1919................................................................... 1,102,710 85 Credited at other periods................................................ 1,777 45 ------------------ 2 ,2 0 4 ,1 0 2 82 Average am ou nt o f each accou nt Janu ary 1, 1910 .................... 645 78 R a te per cent, o f dividends t o depositors du rin g the six m onths ending June 30, 1918........................................................ 4 R a te per cent, o f dividends t o depositors during th e six m onths ending Decem ber 31, 1918................................................. 4 T ota l earnings o f the bank fo r the year 1918, after allow in g fo r am ortization o f premiums and d iscou n ts............................. $ 2 ,8 0 3 ,2 8 0 94 T ota l expenses o f th e bank for the year 1918............................... 221,795 44 D ividends paid t o depositors for the year 1918 ............................. 2 ,2 0 4 ,1 0 2 82 N et earnings fo r th e year 1918 over expenses and dividends paid t o depositors ................................................................................ 377,382 68 94 R 30. eport on S a v in g s B anks THE WESTERN SAVINGS BANK, BUFFALO [438 Main street; incorporated 1851] ALBERT 3. WHEELER. President. HENRY ERB, Vice-President. HOWARD H. BAKER. Vice-President. FRANKLIN W . H. BECKER, Treaiu TRUSTEES HENRY ERB, HENRY E. BOLLER. ALBERT J. WHEELER, LESLIE J. BENNETT, HOWARD H. BAKER, F. W . H. BECKER. CHARLES DIEBOLD, J b., LEW IS J. HEINTZ, EDWARD A . EISELE, CHAS. H. DONALDSON, EDW. E. COATSWORTH, GEO. D. MONTGOMERY, GROVER W. WENDE, HENRY R. HOFFELD. F IN A N C IA L RESOURCES ............................................. $ 5 ,5 4 5 ,3 7 5 00 Bonds and m o r t g a g e s ....................... Stock and bond investm ents, v iz .: Original Estimated Stocks and bonds value cost market value United States ..........................$1,122,300 00 $1,109,268 60 $1,122,300 00 Cities in other States........... 500,000 00 525,244 40 492,000 00 Cities in this State............... 1,928,627 08 1,973,626 62 1,929,567 52 Counties in this State........ 162,000 00 166,371 20 159,570 00 Villages in this State........... 147,958 30 149,564 57 147,158 30 School districts in this State 101,000 00 101,000 00 98,150 00 Railroad m ortgage bonds___ 2,425,000 00 2,398,062 60 2,024,250 00 B anking actual Cash on Cash on T o ta l o f A m ou n t $6,386,885 38 $6,423,137 89 $5,972,995 82 ■......... -......... ........-..-......... ■ -----------------house and lot, book value, $100,000; cost, $150,000; cash v a l u e ................................................................................... deposit in banks or tru st com panies............................. h an d .............................................................................................. collectible in terest...................................................................... o f a ll other assets, v iz .: Taxes a dvan ced.................... 5 ,9 7 2 ,9 9 5 82 150,000 927,7 6 9 131,579 1 19,933 1,447 00 96 80 22 48 $ 1 2 ,8 4 9 ,1 0 1 28 LIAB ILITIES A m oun t due depositors, v iz .: Principal ............................................................................ $11,862,278 03 Dividends credited or to be credited for the six months ending w ith December 31, 1918..................... 225,053 20 ------------------ $ 1 2 ,0 8 7 ,3 3 1 23 Su rplu s on m arket v a lu e .......................................................................... 7 61,770 05 $ 1 2 ,8 4 9 ,1 0 1 28 S u rplu s on p a r value, $1,175,659.61. C A SH T R A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS Cash on hand and in bonks o r tru s t com panies Janu ary 1, 1918, b efore transactions o f the d a y ............................................. $ 1 ,0 8 2 ,2 6 3 85 F rom depositors, n o t in clud ing dividends cred ited .................... 3 ,1 6 7 ,8 0 7 42 From interest on loans, deposits and investm ents.................... 565,0 9 0 43 F rom rents from banking h ou se........................................................ 4 ,7 4 9 04 F rom m ortgages ....................................................................................... 3 90,945 00 From redem ption o f stocks and b on d s........................................... 623,6 1 6 69 F rom stocks and bonds sold (to ta l par value, $ 5 8 1 ,2 0 0 )........... 581,2 0 0 00 $ 6 ,4 1 5 ,6 7 2 43 PAYMENTS T o depositors, in cluding dividends paid to th em ............................. $ 3 ,2 2 8 ,2 0 1 F o r loans on bonds and m ortga ges.................................................... 2 0 8 ,9 5 0 F o r stocks and bonds purchased, in cluding prem ium s, com m is sions, etc. (to ta l p a r value, $1,882,211.41).................................. 1 ,8 6 3 ,6 3 7 F or interest (oth er than dividend paym ents to d e p o s ito r s ). . 5 ,5 31 30 00 89 16 E r ie C ounty F or current expenses o f the bank, v iz .: For salaries ....................................................................... $28,686 66 For taxes : Banking house, $9,208.75; surplus, $4,754.01 13,989 76 For expenses, except taxes, o f banking house: Repairs .......................................................................... 860 21 Insurance ........... *....................................................... 990 00 For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. 5,484 69 --------------- -Cash on hand and in banks o r trust com panies December 31, 1018, after transactions o f the d a y ............................................... 95 $50,002 32 1 ,0 5 9 ,3 4 9 70 $ 6 ,4 1 5 ,6 7 2 43 S T A T IS T IC A L IN FO R M A TIO N N um ber o f open accou nts Janu ary 1, 1919...................................... 15,235 Num ber o f accou nts opened o r reopened d u rin g the y e a r ......... 2,271 Num ber o f accounts closed du rin g th e y e a r .................................. 1 ,9 89 A m oun t deposited du rin g the year, n o t in cluding dividends credited fo r th a t p e r io d ....................................................................... $ 3 ,1 6 7 ,8 0 7 42 A m oun t w ithdraw n du rin g the y e a r ............................................... 3 ,2 2 8 ,2 0 1 30 A m ount o f dividends credited and paid fo r the year, v iz .: July 1, 1918........................................................................... $224,606 54 January 1, 1919................................................................... 225,053 20 Credited at other periods.............................................. 1,277 70 451,937 44 A verage am ount o f each account Janu ary 1, 1919.................... 793 39 N um ber o f accou nts w hich exceeded $3,000, exclusive o f div i dends credited, a t the la st tr ia l balance o f depositors’ ledgers, except deposits a risin g from society accounts, or ju d icia l sales, o r tru st funds, or b y ord er o f a cou rt o f record o r o f a su rroga te................................................................. 1 T ota l am ount o f such a ccou n ts........................................................ $3,607 00 R ate per cent, o f dividends to depositors durin g the six months ending June 30, 1 9 1 8 . . ..................................................................... 4 R a te per cent, o f dividends t o depositors du rin g the six months ending December 31, 1918................................................................... 4 T ota l earnings o f th e bank for th e yea r 1918, after allow ing fo r am ortization o f prem ium s and discou n ts......................... $575,070 29 T ota l expenses o f th e bank fo r the year 1918............................. 5 0,002 32 D ividends paid to dep ositors fo r the year 1918............................. 451,937 44 N et earnings fo r th e yea r 1918 over expenses and dividends paid to d ep ositors.................... .............................................................. 73,130 53 GREENE COUNTY 31. CATSKHX SAVINGS BANK, CATSKILL [343 Main street; incorporated 1868] W. IRVING JENNINGS, President. ORRIN DAY. Treasurer. EMORY A . CHASE, Vice-President. JEREM IAH DAY, Secretary. ADDISON P. JONES. A ssistant Secretary. TRUSTIES W. IRVING JENNINGS, JEREMIAH DAY, ORRIN DAY, WM. FALMATIDR. -----------------------.... CHARLES E. BASSETT, EMORY A. CHASE, -------------------------f>T»M JAMES L. MALCOI A . C. BLOODGOOD. ADDISON P. JONES. WM. H. VAN ORDE&, GEORGE S. LEW IS. FRANK H . OSBORN. HOWARD C. SMITH. W ILLIAM J. HUGHES. J. CLARK SALISBURY. F IN A N C IA L RESOURCES Bonds and m ortga ges............................................................................... $ 1 ,1 3 4 ,3 9 4 89 S tock and bond investm ents, v iz .: Original Par Estimated Stocks and bonds value cost market value 3608,695 25 3610,634 00 United States ........................ $610,634 00 45,866 25 45.000 00 State o f New York. 45,450 00 23,500 00 23,600 00 26.000 00 State o f C alifornia....... 18,000 00 18,000 00 18,000 00 State o f South Dakota. 25,000 00 34,662 60 26, 24$ 00 State o f W yoming....... 697,040 00 712,000 00 743,320 81 Cities in other States. 408,640 60 436,794 89 Cities in this State............... 424,080 00 22,443 47 19,800 00 Counties in this State........ 20,000 00 35,370 50 Towns in this State............... 35,000 00 36,324 00 83,000 00 Villages in this State........... 88,621 60 81,200 00 68,881 90 School districts in this sta te 63,620 00 63,967 22 Railroad m ortgage bonds— 494,000 00 616,947 11 430,830 00 32,556,334 00 %%642,894 18 $2,461,625 82 2 ,4 6 1 ,6 2 5 82 B anking house and lot, book value, $40,000; cost, $54,512.27; actual cash valu e ............................................................................... O ther real estate, book value, $1,263.38; cost, $1,263.38; actual cash valu e ................................................................................................ Cash on deposit in banks o r tru st com panies.................................. Cash o n h a n d .............................................................................................. T o ta l o f collectible in terest.................. *................................................. 4 0 ,0 0 0 00 1 ,2 6 3 177,475 4 0 ,15 1 5 4 ,3 8 8 38 78 86 24 $ 3 ,9 0 9 ,2 9 9 97 LIAB ILITIES A m oun t due depositors, v iz .: Principal .............................................................................. 33,498,741 24 Dividends credited or to be credited fo r the six months ending w ith December 31, 1918..................... 66,440 51 ------------------ $ 3 ,5 6 5 ,1 8 1 75 O ther lia b ilities, v iz .: L ib erty B ond d ep osits.................................. 7 ,5 71 00 Surplus on m arket v a lu e ..................................................................... 3 36,547 22 $ 3 ,9 0 9 ,2 9 9 97 S u rplu s on p a r valu e, $430,255.40. C A SH T R A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS Cash on hand and in banks o r tru st com panies January 1, 1918, before transactions o f the d a y ............................................... F rom depositors, n ot in cluding dividends cred ited ................ .. F rom interest o n loans, deposits and in vestm ents......................... F rom ren ts from oth er real esta te ................................................... F im a m o rtga ges......................................................................................... F rom redem ption o f stocks and b on d s........................................... [96] $291,434 8 56,675 159,2 3 4 79 185,675 5 5 5 ,3 3 0 72 55 91 20 00 00 G reece C 97 ounty F rom . stocks and bonds sold (to ta l par value, $ 3 5 ,4 0 0 )........... F rom all oth er sources, v iz .: $27,532 33 Liberty Bond payments by subscribers........................ Interest accrued on Liberty Bonds held for sub scribers ; material sold................................................. 83 01 ____________ $35,400 00 2 7 ,617 34 $ 2 ,1 1 1 ,4 4 6 PAYMENTS ............:::.. $829,771 T o depositors, in cluding dividends paid to th em ......................... 2 8 ,4 5 0 F o r loans on bonds and m ortga ges.................................................... F o r stocks and bonds purchased, including premiums, com m is 999,244 sions, etc. (to ta l par value, $ 1 ,0 0 1 ,5 3 4 ).................................. 1,4 46 F o r interest (oth er than dividend paym ents t o d e p o s ito r s ). . .F or cu rrent expenses o f the bank, v iz .: For salaries ................... ................................................... $8,440 61 For taxes : Banking house, $972.52; surplus, $3,114.68 ; on mortgages,$65.00......................................................... 4,152 20 For expenses, except taxes, of banking house: Repairs ........................................................................... 12 ft2 Other .............................................................................. 307 75 For expenses o f other real estate, v iz .: Repairs ........................................................................... 58 56 Taxes .............................................................................. 42 12 Other .............................................................................. 6 00 For other expenses, not including expenses of other real estate nor other expenses o f banking house.. 1,766 12 14,783 O th e r paym ents, v iz .: Liberty Bond payments on bonds held for subscribers $19,961 33 Interest accrued on partial payments by Liberty Bond subscribers; cash shortage; adjustment of account .............................................................................. 162 70 20 ,12 4 C a s h on hand and in banks o r tru st com panies Decem ber 31, 217,627 1918, after transactions o f the d a y ............................................... 72 45 00 20 02 38 03 64 $ 2 ,1 1 1 ,4 4 6 72 S T A T IS T IC A L IN F O R M A T IO N N um ber o f open accounts Janu ary 1, 1919.................................. N um ber o f accounts opened o r reopened du rin g the y e a r......... N um ber o f accounts closed du rin g th e y e a r .................................... A m oun t deposited du rin g the year, n ot in cluding dividends credited fo r th a t p e r io d ..................................................................... A m oun t w ithdraw n du rin g the y e a r ................................................... A m ount o f dividends credited and paid fo r the year, v iz .: July 1, 1918........................................................................... $65,301 11 January 1, 1919.................................................................... 66,440 51 A verage am ount o f each account Janu ary 1, 1919......................... N u m b er o f accounts w hich exceeded $3,000, exclusive o f d iv i dends credited, a t the la st tr ia l balance o f depositors’ ledgers, except deposits arising from society accounts, o r ju d icia l sales, or tru st funds, o r b y order o f a eou rt o f record o r o f a s u r r o g a t e .............................................................................. T o ta l am ount o f such a ccou n ts............................................................ R a te per cent, o f dividends t o depositors d u rin g th e six months ending June 30, 1918............................................................................ “R a te per cent, o f dividends t o depositors du rin g th e six months en din g Decem ber 31, 191-8................................................................. T o t a l earnings o f the bank f o r th e yea r 1918, a fter allow in g f o r am ortization o f prem ium s and d iscou n ts............................. T o ta l expenses o f the bank f o r the yea r 1018.................................. D ividends pa id to depositors fo r the year 1918............................. N e t earnings fo r th e year 1918 over expenses and dividends paid to depositors ................................................................................ A 7 ,4 12 820 796 $856,676 55 629,771 45 131,741 62 481 00 1 $ 3 ,68 8 86 4 4 $157,043 53 14 ,79 4 71 131,741 62 11,407 20 JEFFERSON COUNTY 3 2 . JEFFERSON COUNTY SAVINGS BANK, WATERTOWN [202 W ashington street; incorporated 1859] HENBY PUBCELL, President. GEORGE C. SHERMAN, Vice-President. O. E. HUNGERFORD. Vice-President. A. T. B. LANSING. Treasurer. GEORGE W. HULSE, Assistant Treasurer. O. E. HUNGEBPOBD, GEO. C. SHEBMAN, FRED W. COBURN, HENRY PUBCELL, S. D. D. A. J. TRU STEES B. CLEVELAND, M. ANDERSON, M. COSGROVE, T. B. LANSING, MUNSON GAMBLE. S. A. P. H. P. A. CABL UPHAM, WADDINGHAM, PITCHES, G. NILL, F IN A N C IA L BESOUBCES $ 4 ,0 5 7 ,0 8 8 94 Bonds and m ortga ges........................... S tock and bond investm ents, v iz .: Original Estimated Stocks and bonds value cost market value United States .......................... $1,149,150 00 $1,140,696 20 $1,149,002 45 103,250 00 100,000 00 State o f Delaware.................. 99,000 00 Cities in other States........... 485,000 00 600,594 34 474,650 00 Cities in this State............... 1,064,600 00 1,088,305 45 1,022,324 00 Counties in this State........ 56,000 00 56,428 56 66,265 00 Towns in this State............... 148,200 00 166,291 63 142,614 00 260,957 03 Villages in this State............ 256,371 18 259,671 28 87,557 26 86,613 62 School, districts in this State 86,897 60 1,983,100 00 Railroad mortgage bon d s.... 2,332,000 00 2,343,353 13 $5,676,218 68 $5,736,047 84 $5,263,426 00 5 ,2 6 3 ,4 2 6 00 B anking house and lo t, book value, $44,481; cost, $44,481; actu a l cash valu e ................................................................................. Cash on dep osit in banks o r tru s t com panies............................... Cash o n h a n d .............................................................................................. T o ta l o f collectib le in terest................................................................... A m oun t o f a ll oth er assets, v iz .: Land con tra cts........................... 44 ,48 1 527,799 124,496 73,875 159,814 00 73 70 93 68 $ 1 0 ,2 5 0 ,9 8 2 98 LIABILITIES A m ou n t due depositors, v iz .: P rin cip a l.............................................................................. $9,672,996 32 Dividends credited or to be credited for the six months ending with December 31, 1918........................ 183,880 63 ------------------ $ 9 ,8 5 6 ,3 7 6 85 Other lia b ilities, v iz .: L ib erty Bond d ep osits............................. 19,233 24 Surplus on m arket v a lu e ........................... .............................................. 375,372 89 $ 1 0 ,2 5 0 ,9 8 2 98 Surplus on pa r value, $788,165.57. C A S H T R A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS Cash on . hand and in banks o r tru s t com panies J anu ary 1, 1918, b efore transactions o f the day ........................................... F rom depositors, n ot in cluding dividends cred ited .................... From interest on loans, deposits and in v e s tm e n ts ......................... F rom rents fro m banking h o u s e ........................................................... F rom rents from oth er real estate .................................................... From m ortgages ........................................................................................ From redem ption o f stocks and b o n d s ............................................. [9 8 ] $875,221 2 ,0 6 1 ,3 0 2 458,7 0 6 5 ,0 4 8 236 398,7 4 2 138,511 00 73 99 35 25 94 54 J efferson C oun ty From stocks and bonds sold (to ta l par value, $ 2 6 0,2 3 8 .7 5 )-----From real estate sold .......................................................................... From a ll oth er sources, v iz .: Insurance premiums and taxes advanced, refunded; appraisal fees, cash over............................................ $2,629 66 U. S. W ar Savings and Thrift Stamps s o ld ; interest accrued on bonds.............................................................. 11,629 13 Received on real estate con tract; rent “ Other real estate” ............................................................................ 1,330 00 Surplus In foreclosure action......................................... 2,985 44 Liberty Bond payments bysubscribers........................ 131,609 02 ------------------ 99 $260,238 75 127,393 92 150,183 25 $ 4 ,4 7 5 ,5 8 5 72 PAYMENTS T o depositors, in cluding dividends paid to th em ......................... $ 2 ,0 6 6 ,1 6 9 77 F or loans on bonds and m o r t g a g e s .................................................... 2 67,573 51 F or stocks and bonds purchased, in cluding premiums, com m is sions, etc. (to ta l parvalue, $1,210,628.75) .................................. 1 ,1 9 8 ,0 7 4 95 F or interest (oth er than dividend paym ents to d e p o s ito r s ). . . 8 ,1 49 51 F o r current expenses o f the bank, v iz .: For salaries ....................................................................... $23,088 50 For taxes: Banking house, $4,643.31 ; surplus, $3,333.80; on mortgages, $60.00..................................... 8,037 11 For expenses, except taxes, of banking house: Repairs ........................................................................... 671 72 Insurance ...................................................................... 557 78 Other .............................................................................. 1,686 31 For rent o f banking rooms.............................................. 900 00 For other expenses, not including expenses o f other real estate nor other expenses o f banking house— 6,387 25 -----------------41,138 67 Other paym ents, v iz .: Account Bank building.................................................... $100,000 00 U. S. War Savings and Thrift Stamps........................ 11,600 63 Liberty Bond account........................................................ 125,372 50 Insurance premiums and taxes advanced; Rent re funded on building sold ; Appraisal fees.................. 2,486 67 Cost foreclosure actions; sundries.............................. 2,723 08 -----------------242,182 88 Cash on hand and in banks or tru st com panies December 31, 1918, a fter transactions o f the d a y ............................................. 652,298 43 $ 4 ,4 7 5 ,5 8 5 72 S T A T IS T IC A L IN FO RM ATIO N Num ber o f open accounts Janu ary 1, 1919 ...................................... 28 ,87 8 Num ber o f (accounts opened or reopened du rin g the y e a r . . . . 1,758 N um ber o f accou nts closed during the y e a r .................................. 2 ,8 1 2 A m ount deposited du rin g the year, n ot in cluding dividends credited fo r th a t p e r i o d ____."............................................................ $ 2 ,0 6 1 ,3 0 2 73 A m oun t w ithdraw n during the year ............................................... 2 ,0 8 6 ,1 6 9 77 A m oun t o f dividends credited and p a id fo r the year, v iz .: July 1, 1918........................................................................... $181,159 52 January 1, 1919.................................................................... 183,380 53 Credited at other periods................................................. 218 46 -----------------364.758 50 A verage am ount o f each account January 1, 1 9 1 9 ...................... 341 41 R a te per cent, o f dividends t o depositors du rin g the six m onths ending Jun e 30, 1918 .......................................................................... 4 R ate per cent, o f dividends to depositors du rin g the six months ending Decem ber 31, 1918 ................................................................. 4 T ota l earnings o f the bank fo r the year 1918, after allow ing fo r am ortization o f prem ium s and discounts ......................... $458,354 92 T otal expenses o f the hank fo r the year 1918 ............................. 41 .13 8 67 D ividends pa id to depositors fo r the year 1918 ........................... 3 6 4 ,7 5 S 50 N et earnings fo r th e year 1918 over expenses and dividends paid t o d e p o s it o r s ................................................................................ 50 .45 7 75 100 R 33. eport oh S a v in g s B anks W A T E R T O W N SA V IN G S B A N K , W A T E R T O W N [125 Washington street; incorporated MM] ISAAC L. HUNT. President. HARVEY W. STEELE, Treasurer. SILAS L. GEORGE, Vice-President. JOHN R. KILBORN, JOHN R. PAWLING, WILLIAM E. SILL, SILAS L. GEORGE, H. W. STEELE. HERBERT E. HARMON, TRU STEES HAROLD W. CONDE, H. P. DUNLAP, CHARLES D. BINGHAM, GEORGE H. BURNS, FRANK S. TISDALE, ALBERT W. OATMAN, ISAAC L. HUNT, ANTONIO F. MILLS, IRA SHARP, ADAM BICKELHAUPT. ELI B. JOHNSON, KARL GEORGE. F IN A N C IA L RESOURCES 52,072,15*2 00 B onds and m ortga ges....................... Stock and bond investm ents, v iz .: Original Estimated Par Stocks and bonds market value cost value $158,150 00 $158,150 00 United States ........................ $158,150 00 25,300 00 State o f Louisiana............... 25.000 00 24,943 00 4,000 00 State o f South Dakota........ 4,000 00 4,000 00 362,296 00 Cities in other States........... 373,31S 16 359,500 00 290,740 27 291,606 05 Cities in this State............... 285,213 60 Counties in this State........... 98, mi m 94,005 00 96.000 00 Towns in this S ta te ...:........ 30,500 00 30,795 00 30,487 00 368.521 96 Villages in this State............ 361,159 32 363,595 00 110.521 45 School districts in this State 108,700 00 108,868 00 370,000 00 371,003 50 322,300 00 Railroad mortgage b onds.... $1,800,658 60 $1,829,547 92 $1,757,304 59 P rom issory notes ........................................................ Cash on deposit in banka or tru st com panies Cash on h a n d ................................................................. T o ta l o f collectib le in terest...................................... 1 ,7 5 7 ,3 0 4 4 ,5 7 0 310. M 2 2 7 ,54 6 2 0 ,12 7 59 00 90 06 89 $ 4 ,2 0 0 ,8 6 3 44 LIABILITIES A m ou n t due depositors, v iz .: Principal .............................................................................. $3,9?®, S3 04 Dividends credited or to be credited for the six months ending with December 31, 1918..................... 75,640 50 -----------------Other lia b ilities, v iz .: L ib erty Bond d ep osits............................. Su rplu s on m arket v a l u e ........................................................................ 3 ,9 8 0 ,9 0 3 54 3 ,8 6 3 25 2 1 6 ,0 9 6 65 $ 4 ,2 0 0 ,8 6 3 44 Su rplu s on p a r value, $259,450.66. C A SH T R A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS Cash on hand and in banks or tru st com panies J anu ary 1, 1918, before tran saction s o f the d a y .......................................................... F ro m depositors, n o t in cluding dividends cre d ite d ...................... F rom in terest on loans, deposits and investm ents......................... F ro m m ortgages ........................................................................................ F rom redem ption o f stocks and b o n d s ................................................. F rom stocks and bonds sold (to ta l pa r value. $ 7 8 ,8 0 0 )........... F ro m a ll other sources, v iz .: L ib e rty B ond paym ents b y sub scribers ....................................................................................................... $429,702 6 9 3 ,2 0 6 196,126 1 2 7 ,3 5 8 1 8 1 ,1 7 5 7 8 ,5 1 3 78 54 58 00 18 00 1 5.105 '25 $ 1 , 721,247 33 J efferson C ounty 101 PAYMENTS T o depositors, including dividends paid to t h e m .. . F o r loans on bonds and m ortga ges............................... F o r loans on stocks and bonds and other securities F o r stocks and bonds purchased, including premiums, com m is sions, etc., (to ta l par value, $ 3 5 9 ,6 2 5 )........................................... F or interest ( other than dividend paym ents t o d ep ositors) . . . . F o r current expenses o f the bank, v iz .: For salaries ................................................................. $11,952 00 For taxes : Surplus, $1,882.91; on mortgages, $206.00.. 2,088 91 1,500 00 For rent o f banking rooms.............................................. For other expenses, not including expenses of other real estate nor other expenses o f banking house.. 1,282 25 Other paym ents, v iz .: L ib erty Bond, fou rth loan a ccou n t. . . . Cash on hand and in banks or tru st com panies December 31, 1918, after transactions of the d a y ................................................. $814,712 86 171,250 00 4 ,5 7 0 00 360,545 06 1,335 29 19,823 16 11,302 00 3 37,708 96 $ 1 ,7 2 1 ,2 4 7 33 „ S T A T IS T IC A L IN F O R M A T IO N N um ber o f open accounts January 1, 1919...................................... Num ber o f accounts opened or reopened during the y e a r ......... Num ber o f accounts closed du rin g th e y e a r .................................... A m oun t deposited du rin g the year, n ot in cluding dividends credited fo r th a t p eriod ........................................................................ A m ount w ithdraw n du rin g the y e a r .................................................... A m ou n t o f dividends credited and paid fo r the year, v iz .: July 1, 1918........................................................................... $75,632 25 January 1, 1919.................................................................... 75,640 50 ■-----------------A verage am ount o f each account Janu ary 1, 1919 .................... R a te per cent, o f dividends to depositors during the six m onths ending June 30, 1918............................................................................ R ate per cent, o f dividends to depositors du rin g the s ix m onths ending Decem ber 31, 1918................................................................... T o ta l earnings o f the bank fo r th e year 1918, after allow ing for am ortization o f prem ium s and d iscou n ts...................................... T ota l expenses o f the hank for the year 1918.................................... D ividends paid to depositors fo r the year 1918............................. N et earnings fo r the year 1918 over expenses and dividends paid to d e p ositors................................................................................... 8,901 791 1,273 693,206 54 814,712 86 151,272 75 447 24 4 4 $193,585 79 19,823 16 151,272 75 2 2 ,48 9 88 KINGS COUNTY 34. B A Y RID G E SA V IN G S B A N K , BRO O K LYN [5323 Fifth avenue; incorporated 1909] MAURICE T. LEWIS, President. MICHAEL MURPHY, Vice-President. WM. A. FISCHER, Vice-President. MAURICE T. LEWIS, MICHAEL MURPHY, JOHN D. HOLSTEN, PIERCE KEEFE, GEORGE IHNKEN, JOHN D. HOLSTEN, Treasurer. PIERCE KEEFE, Secretary. ROBERT S. DARBEE, Cashier. TRU STEES HENRY KETTELHODT. JUSTUS BERGE, OLAF OLAFSON. HENRY MEYER. HENRY SCHWANEWEDE, WILLIAM A. FISCHER, WM. E. KAY, ROBERT iS. DARBEE, WILLIAM J. WARD, PETER N. MEINCKE, F IN A N C IA L RESOURCES Bonds and m o r t g a g e s ...................... ..................... $ 1 ,4 9 3 ,1 0 0 00 S tock and bond investm ent, viz. : Par Original Estimated Stocks and bonds cost value market value United States ........................ $441,000 00 $441,000 00 $441,000 00 Cities in other States........... 63,865 47 62, (W0 00 62,150 00 Cities in this State............... 58,2% 00 62,000 00 57,499 40 Towns in this State............... 5,000 00 5,1% 46 5,100 00 Villages in this State........... 70,880 74 71,987 11 71,257 72 Senool districts in this State 11,262 60 11,000 00 11,342 91 Railroad mortgage bonds___ 145,000 00 136,798 75 134,160 00 $796,880 74 $7%, 890 71 $783,889 61 --- ■ 7 8 3 ,8 8 9 61 P rom issory notes ......................................................................................... 2 5 0 00 Other real estate, bode value, $16,634.87; cost, $16,634.87; actu al cash v a l u e ................................................................................... 16,634 87 Cash on deposit in banks o r tru st com panies.................................. 334,4 9 5 12 Cash on h a n d ................................................................................................ 29,383 44 T o ta l o f collectible in terest.................................................................... 15,486 24 A m oun t o f a ll other assets, v iz .: Furniture and fixtures..................................................... $6,000 00 7,767 00 Liberty Bond coupon stamps........................................... -------------------------------------- 13,767 00 $ 2 ,6 8 7 ,0 0 6 28 LIABILITIES A m ou n t due depositors, v iz .: Principal .............................................................................. $2,522,7% 94 Dividends credited or to be credited for the six months ending with December 31, 1918........................ 36,164 13 ------------------ $ 2 ,5 5 8 ,9 2 0 07 O ther lia b ilities, v iz .: L ib erty B on d d ep osits................................ 7 6 ,7 6 9 50 Surplus on m arket v a lu e .......................................................................... 5 1 ,3 1 6 71 $ 2 ,6 8 7 ,0 0 6 28 Surplus on pa r value, $64,307.84. C A S H T R A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS Cash on hand and in banks or tru st com panies Ja n u a ry 1 ,1 9 1 8 , b efore tran saction s o f the d a y . .................. ................................... F rom depositors, n ot in clud ing dividends cred ited ......................... F ro m interest on loans, deposits and investm ents........... '.......... [ 102] $2 1 4,0 0 9 54 2 ,4 0 4 ,5 1 6 88 91 ,08 3 77 K in g s 103 C oun ty From m o r t g a g e s ......................................................................................... F rom redem ption o f stocks and b on d s............................................... From stocks and bonds sold (to ta l par value, $258,050................ F rom a ll other sources, v iz .: Liberty Bond payments by subscribers........................ $274,779 00 Liberty Bond partial payment coupon stamps sold— 175,433 00 Cask over ........................................................................... 414 72 ------------- — $10,9 0 0 00 190,333 33 255, ?06 25 450,626 72 $ 3 ,6 1 7 ,1 7 6 49 PAYMENTS T o depositors, in cluding dividends pa id to th em ........................... $ 1 ,3 4 8 ,4 7 5 F or loans on bonds and m ortga ges...................................................... 613,900 250 F o r loans on stocks and bonds and other secu rities.................... F o r stock s and bonds purchased, in clud ing premiums, com m is sions, etc. (to ta l par value, $ 5 2 8 ,0 0 0 )........................................... 522,317 2 ,3 1 5 F or interest (oth er than dividend paym ents to d e p o s ito r s ). . F or current expenses o f the bank, v iz .: For salaries ....................................................................... $5,450 00 For taxes : Surplus........................................................... 347 90 2,100 00 For rent o f banking rooms.............................................. For expenses o f other real estate, v iz .; Taxes........... 576 00 For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. 4,360 51 12,834 Other paym ents, v iz .: Liberty Bonds purchased for customers..................... $560,500 00 Liberty Bond eoupon stamps......................................... 183,200 00 Refunded Liberty Bond subscriptions........................... 3,496 50 Furniture and fixtures; cash short.................................. 6,007 28 753,2 0 3 Cash on hand and in banks or trust com panies Decem ber 31, 363,878 1018, after transactions o f the d a y ............................................... 81 00 00 08 95 41 78 56 $ 3 ,6 1 7 ,1 7 6 49 S T A T IS T IC A L IN F O R M A T IO N N um ber o f open accounts J anu ary 1, 1919.................................... 10,166 N um ber o f accounts opened or reopened du rin g the y e a r ............ 5 ,2 90 Num ber o f accounts closed du rin g the y e a r .................................... 2,571 A m ount deposited du rin g the year, n ot in cluding dividends credited fo r th a t p e r io d ....................................................................... $ 2 ,4 0 4 ,5 1 6 88 A m ount w ithdraw n du rin g the y e a r .................................................... 1 ,3 4 8 ,4 7 5 81 A m ount o f dividends credited and paid fo r the year, v iz .: July 1, 1918........................................................................... $27,529 55 January 1, 1919..................................................... ............. 36,164 13 6 3,693 68 A verage am ount o f each account Janu ary 1, 1919......................... 248 15 N um ber o f accounts w hich exceeded $3,000, exclusive o f div i dends credited, a t the last tria l balance o f depositors’ ledgers, except deposits a risin g from society accounts, or ju dicia l sales, or tru st funds, or b y order o f a cou rt o f record or of 4 a surrogate ............................................................................................ $14,135 76 T o ta l amount o f such a cco u n ts............................................................... R ate per cent, o f dividends to depositors du rin g the six m onths 4 ending June 30, 1 9 1 8 ................... ..................................................... R ate per cent, o f dividends to depositors du rin g the six m onths ending Decem ber 31, 1 0 1 8 ................................................................... 4 T ota l earnings o f the bank fo r the year 1918, after allow in g fo r a m ortization o f prem ium s and d iscou n ts............................. $96,387 66 T o ta l expenses o f th e bank fo r the year 1918.................................. 12,841 69 D ividends pa id to depositors fo r the year 1918............................. 63,693 68 N et earnings fo r the yea r 1918 over expenses and dividends paid to d e p o s it o r s ................................................................................... 19.852 29 104 R 35. eport on S a v in g s B anks BREVGORT SAVINGS BANE, BROOKLYN [622 Nostrand avenue; incorporated 2898] HOWARD M. SMITH. President. WALTER C. HUMSTONE, Treasurer.. EDWARD LYONS. Vice-President. RAYMOND LOUNSBBRY, Secretary. GRANVILLE W. HARMAN, Vice-President. TRU STEES CHAS. M. AIRMAN. ALFRED T. LEWARD. JOSEPH M. BACON, RAYMOND LOUNSBERRY, JOHN W. BAILEY, EDWARD LYONS, GEORGE W. PIPE, CHARLES COOPER, HOWARD M. SMITH, WILLIAM J. GILPIN, L. BERTRAND SMITH, WILLIAM H. GOOD, JOHN D. SULLIVAN, G. W. HARMAN, WALTER C. HUMSTONE, THOS. J. WASHBURN, L. A. WRAY, PATRICK M. WOODS, JOHN H. BURROUGHS, ERNEST H. PILSRURY, HENRY C. LA ROWE, JOHN R. STINE, CLARENCE B. SMITH. J. L. CHILDS. F IN A N C IA L RESOURCES $ 3 ,1 1 0 ,1 7 5 0O> B onds and m ortgages ....................... S tock and bond investm ents, v iz .: Estimated Original Stocks and bonds value cost market value United States ........................ 1810,56000 $810,560 00 $800,696 26 State o f New York................... 50,00000 52,875 00 54.000 00 47,150 00 45,00000 State o f Louisiana................... 47,365 87 State o f Maryland...................... 26,00800 23,630 90 23.750 00 State o f New Mexico............ 17,606 00 18,511 46 18,375 00 State o f Oklahoma................... 85,00006 35,307 26 34,650 00 25.750 00 26,272 75 25,00000 State o f Tennessee................... 24, IK? 60 24.000 00 State o f Utah............................... 26,00000 Cities in other States........... 480, # 8 40 606,663 05 600,02100 626,687 19 Cities in this State.................. Counties in this State........ 128,000 00 130,943 90 133,530 00 193,904 50 Towns in this State............ 186,400 00 199,871 66 233,536 90 236,486 08 Villages in this State........... 228,32© 00 144,261 79 144,010 00 School districts in this State 139,600 00 305,550 00 367,071 85 Railroad mortgage bonds.... 355,000 00 $3,167,699 40 $3,245,822 60 $3,126,111 16 3 ,1 2 6 ,1 1 1 1© B ank ing house and lot, book valu e, $55,000 ; cost, $55,000; actual cash valu e ................................................................................. O ther real estate, book valu e, $17,000; cost, $18,257.58; actual cash value ................................................................................................ Cash or deposit in banks o r tru st c o m p a n ie s .................................. C a d i on h a n d .............................................................................................. T ota l o f collectible interest ................................................................... 5 5 .00 0 OO 17.000 406,931 3-1,370 6 7 ,79 7 OO 65* 67 43 $ 6 ,8 1 4 .3S5 91 LIABILITIES A m ou n t due depositors, v iz .: Principal .............................................................................. $6,324,586 96 Dividends credited or to be credited for the six months ending with December 31, 1918..................... 111,889 25 ------------------ $ 6 ,4 3 6 ,4 5 8 21 O ther lia b ilities, v iz .: L ib erty Bond d e p o s i t s ............................. 4 0 .3 3 8 00s Su rplu s on m arket v a lu e ....... .................................................................. 337,591 7 0 $ 6 ,8 1 4 ,3 8 5 91 Su rplu s on p a r value, $369,179.94 C A SH T R A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS Cash on hand and in banks o r tru s t com panies Janu ary 1, 1918, before transactions o f th e d a y ............................................. F rom depositors, n o t in eluding dividends cred ited ....................... F rom interest on loans, deposits and in v e s tm e n ts ......................... $61 4,1 4 4 64r 2 ,6 0 2 ,3 4 9 17" 2 8 8 ,9 7 6 7 1 K i 'j o m From From From From From in g s C ounty rent from banking h ou se............................................................ m ortgages ....................................................................................... redem ption o f stocks and b o n d s ............................................... stocks a nd bonds sold (to ta l par value, $ 1 ,67 6 ,1 5 0 )......... loans paid ....................................................................................... real estate s o l d .............................................................................. 105 $ 1 ,80 0 4 6 ,05 0 8 ,2 0 0 1 ,6 7 1 ,1 5 0 1 ,5 00 5 ,5 0 0 00 00 00 00 00 00 $ 5 ,2 3 9 ,6 7 0 52 PAYMENTS T o depositors, in cluding dividends p a id t o t h e m ......................... $ 2 ,2 1 4 ,1 3 4 F or loans on bonds and m o r t g a g e s ................................................... 349,050 F o r loans on stocks and bonds and oth er secu rities.................... 1 ,5 0 0 F or stocks and bonds purchased, in cluding premiums, com m is sions, etc. (to ta l p a r value, $ 2 ,08 6 ,9 0 0 )...................................... 2 ,1 7 8 ,3 3 8 F o r interest (oth er than dividend paym ents t o depositors) . . 3 ,2 27 JFor current expenses o f the bank, v iz .: $16,496 17 For salaries ....................................................................... For taxes : Banking house,$1,174.00; surplus, $2,555.78 3,729 78 For expenses, except taxes, o f banking house: Repairs ........................................................................... 221 98 Insurance .................................................................... 133 83 For expenses o f other real estate, v iz .: Repairs ........................................................................... 9 65 Insurance ...................................................................... 33 00 Taxes .............................................................................. 343 60 For other expenses, not including expenses of other real estate nor otherexpenses of banking house.. 3,384 57 24.351 F o r real estate acquired b y foreclosure, or in settlement o f debts due the bank .............................................................................. 8.022 O th e r paym ents, v iz .: Liberty Bond account........................................................ $22,502 00 241 09 Payment check with forged endorsement..................... 2 2 ,74 3 •Cash on hand and in banks o r tru st com panies December 31, 1918, after transactions o f the d a y ................................................. 438.352 97 00 00 43 72 38 01 69 32 $ 5 ,2 3 9 ,6 7 0 52 S T A T IS T IC A L IN F O R M A T IO N N um ber o f open accounts Janu ary 1, 1 9 1 9 ...................................... 18,284 N um ber o f accounts opened o r reopened du rin g the v e a r ........... 3 ,5 0 9 N u m ber o f accounts closed du rin g the y e a r .................................. 2 ,8 6 3 A m o u n t deposited du rin g the year, n ot in cluding dividends credited fo r th a t period ..................................................................... $ 2 ,6 0 2 ,3 4 9 17 A m o u n t w ithdraw n du rin g the yea r ............................................... 2 .2 1 4 ,1 3 4 97 -Am ount o f dividends credited and paid fo r the year, v iz .: July 1, 1918........................................................................... $108,688 08 January 1, 1919.................................................................... 111,869 25 220.557 33 A verage am ount o f each account Ja n u a ry 1, 1919....................... 352 03 R a te per cent, o f dividends to depositors du rin g the six months 4 ending Jun e 30, 1918 .......................................................................... R ate per eent. o f dividends t o depositors du rin g the s ix months ending Decem ber 31, 1 9 1 8 ................................................................. 4 T o ta l earnings o f th e bank fo r the year 1918, a fter allow in g for am ortization o f prem ium s and d iscou n ts.................................... 1287,158 47 T o ta l expenses o f th e bank fo r th e yea r 1918 ............................. 2 4,351 38 D ividends paid t o depositors fo r the vear 1 9 1 8 ............................. 220.557 33 'N et earnings fo r th e yea r 1918 ov e r expenses and dividends paid t o depositors ................................................................................ 4 2 ,2 4 9 76 106 R 36. eport on S a v in g s B anks BROOKLYN SAVINGS BANK, BROOKLYN [141 Plerrepont street; Incorporated 18271 CROWELL HADDEN, President. DANIEL J. CREEM, Vice-President. RICHARD L. EDWARDS, Viee-Pres. CROWELL HADDEN, RICHARD L. EDWARDS, EDW. H. LITCHFIELD, FRANK LYMAN, DAVID G. LEGGET, SCOTT Me LANAHAN, JOHN F. HALSTBD, FRANK I. BABROTT, HENRY F. NOYES, LAUBUS E. SUTTON, Comptroller. ARTHUR C. HARE, Cashier. CHAS. C. PUTNAM, Asst. Comptroller. TRU STEES SANFORD H. STEELE, DANIEL J. CREEM, CLINTON R. JAMES, B. HERBERT SMITH, FRANCIS L. NOBLE, F. A. M. BURRELL, EDWIN P. MAYNARD, WILLIAM L. MOFFAT, HAROLD I. PRATT, CHARLES J. PEABODY, MARTIN JOOST, ALBERT L. MASON, FRANK D. TUTTLE, WILLIAM MASON. CHARLES L. MORSE, S. EDWIN BUCHANAN, JAMES H. JOURDAN. F IN A N C IA L RESOURCES B onds and m ortgages .............................................................................. $ 3 3 ,4 0 8 ,5 0 0 00 Stock a nd bond investm ents, v iz .: Par Original Estimated Stocks and bonds value cost market value United States ........................ 13,346,450 00 $3,331,450 00 $3,346,45000 state o f California............... 400,000 00 388,481 88 381,00000 200,000 00 196,680 00 198,00000 State o f Maryland................ State o f Massachusetts........ 875,000 00 940,081 28 787,50000 State o f Tennessee.................. 300,000 00 300,819 87 299,06000 Cities in other states............ 5,443,000 00 6,588; 267 61 5,095,84000 Cities in this state............... 7,482,942 60 7,746,766 08 7,418,45514 counties in this State........ 714,000 00 742,106 29 729,58000 Towns in this State............... 68,000 00 68,277 50 66,98000 Railroad mortgage b on d s.... 8,972,000 00 9,236,627 70 7,849,65000 $27,801,392 50 $28,539,557 71 $26,172,605 14 - - - t--------- — — -.................. .. 2 6 ,1 7 2 ,5 0 5 14 Banking house and lot, book value, $427,000; cost, $893,047.87; actu al cash v a l u e ............................. ..................................................... 427 ,0 0 0 00 Other real estate, book valu e, $23,000; cost, $23,000; actual cash value ................................................................................................ 2 3 ,00 0 00 Cash on deposit in banks or tru st c o m p a n ie s .................................. 4 ,2 4 8 ,9 2 0 28 Cash on h a n d .............................................................................................. 123,350 49 T ota l o f collectible interest ................................................................. 847,328 07 $ 6 5 ,2 5 0 ,6 0 9 98 LIABILITIES A m oun t due depositors, v iz .: Principal ..............................................................................$57,815,650 30 Dividends credited or to be credited for the six montns ending with December 31, 1918........................ 1,101,631 28 ------------------ $ 5 8 ,9 1 7 ,2 8 1 58 Other liabilities, v iz .: L ib erty B ond d e p o s i t s ........................... .. 329,0 7 0 29 Surplus on m arket va lu e ...................................................................... 6 ,0 0 4 ,2 5 8 11 $ 6 5 ,2 5 0 ,6 0 9 98 S u rplu s on p a r value, $7,633,145.47 C A SH T R A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS Cash on hand and in banks o r tru st com panies Janu ary 1, 1918, b efore transactions o f th e d a y ...........................................$ 4 ,4 8 1 ,8 8 5 48 F rom depositors, n o t in clu d in g dividends c r e d i t e d .................... 1 1 ,96 3 ,5 5 1 98 F rom interest on loans, deposits and investm ents .................... 2 ,8 6 9 ,4 0 6 90 F rom rents fro m oth er real estate .................................................... 8 ,0 6 5 79 F rom m ortgages ....................................................................................... 4 2 0 ,4 8 3 33 K in g s C oun ty 107 F rom redem ption o f stocks and bonds ............................................ $ 2 ,8 0 3 ,3 0 7 50 From stocks and bonds sold (to ta l par value, $ 3 ,01 1 ,7 0 0 )------- 2 ,9 6 1 ,4 6 0 00 From real estate s o l d ............................................................................. 561,300 00 F rom a ll other sources, v iz .: Insurance premium advanced, refunded..................... $12 46 Adjustment insurance premium on property so ld .... 301 25 862,994 79 Liberty Bond payments by subscribers........................ Adjustment Liberty Bond account................................. 1,647 20 -----------------864,955 70 $ 2 6 ,9 3 7 ,4 1 6 68 PAYMENTS T o depositors, in cluding dividends pa id t o t h e m .........................$ 1 4 ,0 0 3 ,0 3 7 F o r loans on bonds and m o r t g a g e s ............................................... .... 1 ,5 1 3 ,0 0 0 F or stoeks and bonds purchased, in cluding prem ium s, com m is sions, etc. (to ta l par value, $6,817,000) ...................................... 6 ,7 9 5 ,1 1 1 From interest (oth er than dividend paym ents t o d e p o s ito r s ). . 15,853 F o r cu rrent expenses o f the bank, v iz .: $94,848 88 For salaries ....................................................................... For ta xes: Banking house, $14,400; surplus, $54,465.76 ............................................................................ 68,885 76 For expenses, except taxes, of banking house: Repairs ......................................................................... 7,215 33 Insurance ...................................................................... 702 47 Other .............................................................................. 2,478 90 For expenses o f other real estate, v iz .: Repairs ........................................................................... 134 87 Insurance ...................................................................... 13 00 Taxes ............................................................................ 20,125 66 Other ........................................1.................................. 8,896 37 For other expenses, not including expenses o f other real estate nor other expenses of banking house.. 24,222 77 227,5 0 4 Other paym ents, v iz .: $10,374 50 Refunds to Liberty Bond subscribers........................... Teller’s cash short.............................................................. 259 34 10,633 Cash on hand and in banks or tru st com panies December 31, 1918, after transactions o f the d a y ................................................. 18 00 23 65 01 S4 $ 2 6 ,9 3 7 ,4 1 6 68 S T A T IS T IC A L IN F O R M A T IO N Num ber o f open accounts Janu ary 1, 1919 ...................................... 72,541 N um ber o f accounts opened o r reopened du rin g th e y e a r ........... 9 ,2 4 2 N um ber o f accounts closed du rin g th e y e a r .................................. 9 ,5 7 9 A m ou n t deposited du rin g the year, n ot including dividends credited fo r th a t p e r i o d ................................................................. .$ 1 1 ,9 6 3 ,5 5 1 98 A m oun t w ithdraw n du rin g the year ............................................... 14,00 3 ,0 3 7 18 A m ount o f dividends credited and paid fo r the year, viz.: July 1, 1918........................................................................... $1,107,982 87 January 1, 1919.................................................................... 1,101,631 28 ------------------ 2 ,2 0 9 ,6 1 4 15 A verage am ount o f each account January 1, 1919......................... 812 00 R ate per cent, o f dividends t o depositors du rin g the six months 4 ending June 30, 1918 ......................................................................... R a te per cent, o f dividends to depositors du rin g the s ix m onths ending Decem ber 31, 1918 ............................................................... 4 T ota l earnings o f th e bank fo r th e yea r 1918, after allow ing fo r am ortization o f prem ium s and d iscou n ts......................... $ 2 ,8 7 0 ,6 7 1 12 T ota l expenses o f the bank fo r the yea r 1918 .................................. 269,836 96 D ividends p a id t o depositors fo r th e year 1918 ......................... 2 ,2 0 9 ,6 1 4 15 N et earnings fo r th e year 1918 over expenses’ and dividends pa id t o depositors ................................................................................. 391.220 01 108 R 37. epoet ox S a v in g s B anks THE BUSHWICK SAVINGS BANK, BROOKLYN £726-730 Grand street; incorporated 1873] JERE E. BROWN, President. LOUIS G. BURGER, Secretary. GEO. W. .SCHAEDLE, Vice-President. GEORGE J. MERKED, Cashier. HENRY SCHADE, Vice-President. TRUSTIES JERE E. BROWN, RUFUS L. SCOTT, DANIEL CANTY, EDWARD BUSH, HENRY SCHADE, JOHN H. SCHEIDT. WILLIAM G. MILLER, AUGUSTUS P. AVERY*, JOHN H. VANDERVEER, M. L. REYNOLDS, F. H. NARWOOD, LOUIS G. BURGER, GEORGE W. SCHAEDLE, ANDREW WILSON, MICHAEL FACKENTHAL, HERMAN C. HUELLE, THEOPHILE THONET. CHRISTIAN D.HOMEYER, DAVID H. MOORE, FRANK L. BROWN, C. H. TIEBOUT, JR., SMITH S. WANDEL, GEORGE K. MERKED. F IN A N C IA L RESOURCES $ 3 ,6 6 6 ,5 2 0 00 Bonds and m o r t g a g e s .................... Stock and bond Investments, v iz .: Original Estimated Par Stocks and bonds market value cost value $491,120 00 $493,000 00 $493,000 00 State o f Alabama................ 3,482 50 3,697 40 3,500 00 State o f California............. 72,731 28 72,200 00 75,000 00 State o f Idaho...................... 76,000 00 77,260 00 75,000 00 State o f Louisiana............. 49,313 80 61,000 00 60,000 00 State o f Mississippi............. 24,000 00 25,032 00 24,000 00 49,600 00 State o f New Mexico............. 50,596 46 50,000 00 State o f Oklahoma............. 69,732 74 68,500 00 70,000 00 State o f Tennessee............. 75,000 00 78,321 84 77,250 0® 544,649 48 668,656 85 546,375 00 Counties, villages and towns in adjoining States........... 25,000 00 26,000 00 25,359 77 1,061,706 77 1,048,295 70 1,077,480 69 125,640 00 Counties in this State........ 130,248 37 127,499 20 Towns in this State............... 42,600 00 44,296 82 43,239 00 81,153 18 Villages in this State........... 76,674 96 75,546 08 School districts in this State 54,600 00 58,502 45 67,330 00 457,882 00 473,800 00 Railroad mortgage bonds— 422,088 00 $3,311,796 73 $3,362,385 64 $3,258,469 96 P rom issory notes — ................ ................................................................ B anking bouse and lo t, book value, $32,000; cost, $48,215.76; actu al easb v a l u e ................................................................................... O ther real estate, book value, $6,314.64; cost, $6,314.64; actual cash value ................................................................................................ Cash on deposit in banks o r tru st c o m p a n ie s ............................. Cash on hand ........................................................................................... Total o f collectible interest ................................................................. LIABILITIES 3 ,2 5 8 ,4 6 9 98 31,257 50 3 2 ,0 0 0 00 6 ,3 1 4 545 ,9 3 5 220 ,1 4 0 6 5 ,66 5 64 29 51 90 $ 7 ,8 2 6 ,3 0 3 80 — ............-... .........• A m ou n t due depositors, v iz .: Principal ..............................................................................$7,113,150 69 Dividends credited or to be credited for the six months ending with December 31, 1918..................... 130,828 56 ------------------ $ 7 ,2 4 3 ,9 7 9 25 Other lia bilities, v iz .: Reserve fo r ta x e s ........................................ 3 ,1 4 0 00 Surplus on m arket v a l u e ........................................................................ 5 7 9 ,1 8 4 55 Surplus on par value, $632,511.32 $ 7 ,8 2 6 ,3 0 3 80 ::.;.... .............. ,■ v,1-: C A SH T R A N S A C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS Cash on h a n d and in banks o r tru st com panies J a n u a ry 1, 1918, before transaction® o f the d a y ........................................... $ 6 47,824 F rom depositors, n ot in clu d in g dividends c r e d i t e d ........................ 2 ,0 4 3 ,6 6 3 F rom in terest on loans, deposits and investm ents ..................... 354,871 From ren ts fro m banking house ....................................................... 2 ,3 1 2 F rom ren ts fro m oth er real estate .................................................. 10,785 F rom m ortgages ....................................................................................... 9 0 ,4 5 0 16 36 01 00 77 00 K F rom From From F rom in g s 109 C ounty redem ption o f stocks and b o n d s .................................... stocks and bonds sold (to ta l par value, $ 2 2 ,9 0 0 ).............. loans p a id ....................................................................................... real estate sold .............................................................................. F rom a ll other sources, v iz .: Profit, sale o f real estate and bonds.............................. Interest from participated mortgage........................... §7?8 Cl 90 15 ---------- .------- $687,838 2 2 ,90 0 85,297 7 8,293 51 00 50 63 SoS 16 $ 4 ,0 2 5 ,0 9 4 10 PA YM E N TS ....... —- i = T o depositors, in cluding dividends paid to th em ........................... $ 1 ,9 3 4 ,9 5 3 234,491 F o r loans on bonds and m o r t g a g e s ................................................... 5 5 ,29 5 F or loans on stocks and bonds and other s e c u r it ie s .................... F or stocks and bonds purchased, in cluding premiums, com m is 984,438 sions, etc. (to ta l p a r value, $ 9 8 6 ,0 5 0 )........................................... 2 ,9 7 2 F o r in terest (o th er than dividend paym ents t o depositors) . . . F o r cu rrent expenses o f the bank, v iz .: For salaries ........................................................................ $17,633 67 For taxes : Banking house, $1,125.77 ; surphis, $5,141.09 6,266 77 For expenses, except taxes, o f banking house: Repairs ........................................................................... 411 7!) Insurance ...................................................................... 156 83 Other .............................................................................. 3,520 76 For expenses o f other real estate, v iz .: Repairs ........................................................................... 2,800 95 Insurance ...................................................................... 446 98 Taxes.............................................................................. 2,725 79 Other .............................................................................. 4,943 04 For other expenses, not including expenses of other real estate nor other expenses o f banking house.. 7,578 66 46 ,51 7 Other paym ents, v iz .: Loss, sale o f real estate; loss, sale o f 350 bonds ......................................................................................................... Cash on hand and in banks or tru st com panies Decem ber 31, 1918, a fte r tran saction s o f the d a y ............................................... 766,075 72 06 00 86 17 24 25 SO $ 4 ,0 2 5 ,0 9 4 10 S T A T IS T IC A L IN F O R M A T IO N :....... = = Num ber o f open accounts January 1, 1919.................................... 16,530 N um ber o f accounts opened or reopened du rin g the y e a r ........... 2 ,4 8 7 N um ber o f accounts closed during~the y e a r ........... ' ................... 2 ,1 8 3 A m oun t deposited du rin g the year, n ot in cluding dividends credited fo r th a t period ..................................................................... $ 2 ,0 4 3 ,6 6 3 36 A m ou n t w ithdraw n during th e year ............................................... 1 ,9 3 4 ,9 5 3 72 A m oun t o f dividends credited and paid fo r the year, v iz .: July 1, 1918........................................................................... $129,153 53 January 1, 1919...................................................I............... 130,828 58 2 5 9 ,9S2 09 A verage am ount o f each account Janu ary 1, 1 9 1 9 ......................... 438 23 N um ber o f accounts w hich exceeded $3,000, exclusive o f d iv i dends credited, a t th e la st tria l balance o f depositors’ ledgers, except deposits arising from society accounts, or ju d icia l sales, or tru st funds, or b y order o f cou rt o f record o r o f a surrogate .................................................................................. 1 T ota l am ou nt o f such accounts ........................................................ $3 ,12 5 03 R a te per cent, o f dividends to depositors during the six m onths ending Ju n e 30, 1918 .......................................................................... 4 R a te per cent, o f dividends t o depositors during the six m onths ending Decem ber 31, 1918 ................................................................ 4 T ota l earnings o f th e bank fo r th e year 1918, after allow ing fo r am ortization o f prem ium s and d iscou n ts............................. $362,605 42 48 ,00 7 49 T ota l expenses o f the bank fo r the year 1 9 1 8 .................................. D ividends paid t o depositors fo r the year 1 9 1 8 ............................. 259,982 09 N et earnings fo r th e year 1918 over expenses a nd dividends p a id t o depositors .............................................................................. 54 ,61 5 84 110 R 38. eport on S a v in g s B anks THE CITY SAVINGS BANE OF BROOKLYN, BROOKLYN [Corner Lafayette and Flatbush avenues; incorporated 1886] REMSEN RUSHMORE, President STEPHEN VALENTINE, Treasurer. THEOPHILUS OLENA, Vice-President HENRY V. RAYMOND, Secretary. PRED’K H. WEBSTER, Vice-President FRANCIS O. AFFELD, PRANK M, SMITH, DAVID P. BUTCHER, JACOB G. DETTMER, THEOPHILUS OLENA, REMSEN RUSHMORE, JOHN M. RIDER, T R U S T IE S H. V. RAYMOND, J. B. SUMMERFIELD, FRED’K H. WEBSTER, EDWIN H. SAYRE, RUFUS T. GRIGGS, JAMES 6 . SHAW, PRANK C. SWAN, RALPH E. DAYTON, BARTHOL. A. GREENE, CLARENCE T. COREY, STEPHEN VALENTINE, LESTER A. LEWIS, E. W. CONE. F IN A N C IA L RESOURCES $ 2 ,9 9 4 ,9 9 5 00 B onds and m ortgages .................... S tock and bond investm ents, v iz .: Estimated Original Stocks and 'bonds value cost market value United States ........................ fl, 038,750 00 $1,030,932 50 $1,038,750 00 State o f California.................. 43,000 00 41,970 09 40,870 00 21,050 00 State o f Delaware.................. 20,000 00 19,800 00 50,000 00 57,730 79 State o f Louisiana........... ..... 51,500 00 State o f Massachusetts........ 3,000 00 3,087 00 2,430 00 State o f Tennessee............... 45,000 00 48,045 11 48,150 00 Cities in other States........... 327,000 00 332,085 00 351,446 95 Cities in this State.................. 283,437 00 298,957 81 286,869 81 Counties in this State............ 49,083 00 50,358 54 49,632 67 113,800 00 Towns in this State............... 122,619 83 117,771 00 Villages in this State........... 123,973 66 126,584 47 124,887 66 School districts in this State 27,000 00 27,804 32 27,285 00 Railroad mortgage bonds.... 364,469 60 335,939 94 316,573 39 $2,488,463 26 $2,616,627 35 $2,456,604 53 2 ,4 5 6 ,6 0 4 63 O ther rea l estate, book value, $16,575.64; cost, $16,575.64; actu a l cash v a l u e ................................................................................... Cash on deposit in banks o r tru st com pan ies.................................. Cash on hand .............................................................................................. T o ta l o f collectib le i n t e r e s t ................................................................... A m oun t o f a ll oth er assets, v iz .: Furniture and fixtures...................................................... $6,500 00 Insurance premium advanced........................................... 5 50 1 6,575 4 8 8 ,5 3 8 3 1 ,6 1 0 6 4 ,8 9 5 64 16 06 02 6 ,5 0 5 50 LIABILITIES $ 6 ,0 5 9 ,7 2 3 91 ................ .......... A m ou n t due depositors, v iz .: Principal ................................................................................$5,598,642 62 Dividends credited or to be credited for the six months ending with December 31, 1918..................... 98,693 77 ------------------ $ 5 ,6 9 7 ,3 3 6 39 O ther lia b ilities, v iz .: Liberty Bond deposits........................................................ $87,595 53 Reserve for taxes.............................................................. 1,200 00 -------------------------------------- 8 8 ,79 5 53 Su rplu s on m arket v a lu e ........................................................................ 273,591 99 $ 6 ,0 5 9 ,7 2 3 91 .. S u rplu s on par value, $305,450.72. C ASH TR A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS Cash on hand and in banks or tru st com panies J anu ary 1, 1918, before transactions o f th e d a y .......................................................... F rom depositors, n o t ineluding dividends cred ited ......................... F rom interest on loans, deposits and investm ents....................... F rom rents fro m other real esta te...................................................... $460,574 2 ,3 4 7 ,9 2 0 258,441 1 ,4 53 38 67 01 90 K in g s C ounty From m ortgages .................................................................................. From redem ption o f stocks and b on d s.................................. : ............ F rom stocks and bonds sold (to ta l par value, $ 7 4 6 ,6 0 0 )............. F rom real estate s o l d ............................................................................ From a ll other sources, v iz .: $158 88 Insurance premiums advanced, refunded..................... Pees for exchanging and safe-keeping of bonds........ 203 51 Liberty Bond payments by subscribers........................ 531,460 55 ------------------ 111 $121,500 762.672 730,171 3 0 ,0 0 0 00 41 09 00 5 31,828 94 $ 5 ,2 5 3 ,5 6 3 30 PAYMENTS T o depositors, including dividends paid to th em ............................. $ 1 ,8 2 7 ,0 0 1 F o r loans on bonds and m ortga ges...................................................... 304,100 F o r stock s and bonds purchased, in cluding premiums, com m is sions, etc, (to ta l par value, $2,080,794-87).................................. 2 ,0 5 2 ,1 2 3 F o r interest (oth er than dividend paym ents to d e p o s ito r s )-----4 ,9 7 6 F o r current expenses o f the bank, v iz .: $21,199 30 For salaries ....................................................................... For taxes : Surplus.............................................................. 2,128 88 For expenses, except taxes, o f banking house: Insurance ...................................................................... 31 90 Other .............................................................................. 95 00 For rent o f banking rooms.............................................. 9,000 00 For expenses o f other real estate, v iz .: Repairs ........................................................................... 709 56 Insurance ................. 9 66 Taxes .............................................................................. 1,047 70 For other expenses, not including expenses of other real estate nor other expenses of banking house.. 4,426 99 -----------------38,648 F o r real estate acquired b y foreclosure, or in settlem ent o f debts due the b a n k ............................................................................. 16,575 O ther paym ents, v iz .: Insurance premiums advanced........................................ $164 38 6,500 00 Furniture and fixtures.................................................... Liberty Bond account....................................................... 483,325 02 -----------------489,9 8 9 Cash on hand and in banks or tru st com panies Decem ber 31, 1918, after transactions o f the d a y ................................................. 520,148 82 00 21 02 99 64 40 22 $ 5 ,2 5 3 ,5 6 3 30 S T A T IS T IC A L IN F O R M A T IO N N um ber o f open accounts Ja n u a ry 1, 1919...................................... 12,766 N um ber o f accounts opened or reopened du rin g the y e a r ........... 3 ,2 78 Num ber o f accounts closed during the y e a r .................................... 2 ,372 A m ount deposited du rin g the year, not in cluding dividends credited fo r th a t p e rio d ....................................................................... $ 2 ,3 4 7 ,9 2 0 67 A m oun t w ithdraw n durin g the y e a r ................................................... 1 ,8 27 ,0 0 1 82 A m oun t o f dividends credited and paid fo r the year, v iz .: July 1, 1918........ .................................................................. $94,186 54 January 1, 1919.................................................................... 98,693 77 Credited at other periods..;........................................... 88 37 -----------------192,968 68 Average am ount o f each account J a n u a ry 1, 1919......................... 446 29 R a te per cent, o f dividends to depositors during the six m onths ending June 3 0 ,1 9 1 8 .............................................................................. 4 R ate per cent, o f dividends to depositors du rin g the six m onths ending Decem ber 31, 1918................................................................... 4 T o ta l earnings o f the hank fo r the year 1918, after allow ing for am ortization o f prem ium s and d iscou n ts.................................... $265,397 53 T otal expenses o f the banks fo r the year 1918............................... 38 ,84 8 99 D ividends pa id to depositors fo r the year 1918............................. 192,968 68 N et earnings fo r the year 1918 over expenses and dividends paid to d e p o s it o r s ................................................................................... 3 3 ,57 9 86 112 R 39. eport on S a v in g s B anks THE DIME SAVINGS BANK OP BROOKLYN, BROOKLYN ____ [9 De Kalb avenue; incorporated 1859] RUSSELL S. WALKEK, President FRED’K W. JACKSON, Treasurer. GEORGE W. CHAUNCEY, Vice-Pres. C. FRANK STREIOHTOFF, Secretary. GEORGE T. MOON, Vice-president PH ILIP A. BENSON, Asst. Secretary. TRU STEES GEO. W. CHAUNCEY, FRED’K W. JACKSON, GEORGE COX, SAMUEL ROWLAND. WALTER HAMMITT, CHARLES E. TEALE, HORACE C. DU VAL, F. L. CRANFORD, GEORGE T. MOON, LUDWIG NISSEN, FRANK H. PARSONS, EUGENE W. SUTTON. WM. MeCARROLL, STANLEY P. .TADWIN. JAMES L. BRUMLBY, N. TOWNSEND THAYER, EDWIN A. AMES, WM. J. WASON, JB. RUSSELL S. WALKER, FREDERICK W. ROWE, F IN A N C IA L RESOURCES B onds and m ortga ges.................................................................................$ 3 3 ,8 8 7 ,8 3 8 DO Stock a nd bond Investments, v iz .: Par Original Estimated Stocks and bonds value cost market value $7,358,239 16 $7,358,23916 United States .......................... |7,358,239 16 1,334,550 00 1,082,50000 State o f Massachusetts........ 1,250,000 00 State o f Mississippi............... 100,000 00 101,602 62 166,00000 Cities in other States............ 1,276,000 00 1,325,993 77 1,221,56000 Cities in this State............... 1,568,800 00 1,661,431 63 1,528,16600 Counties in this State........ 435,100 00 465,311 45 437,00800 Towns in this State.............. 397,000 00 406,263 42 397,90500 Villages in this State............ 98,000 00 102,802 37 96,32500 Railroad mortgage bonds— 10,109,968 00 10,445,891 08 9,308,612 48 $22,593,107 16 $23,201,085 50 $21,536,315 64 -........... 2 1 ,8 3 6 ,3 1 5 6 # P rom issory notes ....................................................................................... 6 ,1 7 8 00 B ank ing bouse and lo t, b ook value, $558,000; cost, $863,319.04; actu al cask v a l u e ................................................................................... 5 5 8 ,0 0 0 0 0 O ther real estate, book value, $350,230; cost, $426,066.26; actu al cash v a l u e ............. ..................................................................... 3 5 0 ,2 3 0 OO Cash on deposit in banks or tru st com pan ies.................................... 3 ,5 9 1 ,1 0 3 74 Cash on h a n d ................................................................................................ 214,141 80* T ota l o f collectible in terest................................................................. 652,4 0 3 5 9 A m ou n t o f a ll other assets, v iz .: Rent accrued ..................................................................... $450 00 Interest due on registered bonds sold........................... 6,680 00 ---------------------------------------7 ,1 3 0 00 $ 6 0 ,8 0 3 ,3 4 0 77 LIABILITIES A m oun t due depositors, v iz .: Principal .............................................................................. $54,738,011 39 Dividends credited or to be credited for the six 998,95484 months endingwith December 31, 1918........................... O ther liabilities, v iz .: $ 5 5 ,7 3 6 ,9 6 6 2 3 Liberty Bond deposits.............................................................. $130,20070 Deposits to secure tax arrears, interest, and insur ance ................................................................................... 20,118 62 150,319 22r Su rplu s on m arket v a lu e ........................................................................ 4 ,9 1 6 ,0 5 5 3 2 $ 8 0 ,8 0 3 ,3 4 0 77 Surplus on par value, $5,972,846.84. ■ —— ..:.:.:::=r;.... C ASH TR A N SA C T IO N S D U R IN G T U B Y E A R 1918 RECEIPTS Cash on hand and in banks o r tru st com panies Ja n u a ry 1, 1918, before tran saction s o f th e d a y ........................................... $ 3 ,8 5 3 ,6 0 4 11 F rom depositors, n o t in clud ing dividends cred ited .................. 1 7 ,9 4 5 ,9 8 8 5 5 F rom interest on loan®, deposits and investm ents....................... 2 ,7 9 6 ,0 5 2 6 5 F ro m rents fro m banking h o u se .......................................................... 3 ,4 9 6 8 5 F rom rents fro m other real e sta te........................................................ 6 ,3 0 7 7 0 F ro m m o r t g a g e s ......................................................................................... 2 ,6 5 4 ,9 7 2 00 F r o m redem ption o f stocks and b on d s............................................... 2 ,2 3 4 ,9 0 4 71 F rom stocks and bonds sold (to ta l p a r value, $7,665,(KM))-----7 ,7 1 7 ,6 3 1 6 5 F r o m loans p a i d ............................... 1 ,0 25 0 0 F ro m bankers’ acceptances and b ills o f exch ange........................... 198,617 44 F rom real estate sold .............................................................................. 543,2 6 6 OO K all in g s 113 C ounty From other sources, v iz .: Liberty Bond payments by subscribers........................ Suspense, deposits account bond and mortgage interest, taxes, etc........................................................... Profit, purchase o f bond and mortgage........................ Exchange items ; refunds................................................. $921,089 09 166,875 38 1,500 09 445 50 -------------- - $ 1 ,0 8 9 ,8 0 9 88 $ 3 9 ,0 4 5 ,7 7 6 64 PAYMENTS T o depositors, in cluding dividends pa id to th em ......................... $ 1 5 ,5 5 2 ,MO 08 F o r loans on bonds and m ortga ges...................................................... 3 ,9 5 6 ,1 0 0 00 F or loans on stocks and bonds and other secu rities....................... 7 ,203 00 F or bankers’ acceptances and bills o f exchange............................. 198,617 44 F o r stock s and bonds purchased, in cluding prem ium s, com m is sions, etc. ( tota l par value, $13,384,608.87)............................... 13,346,227 18 81,402 83 F o r interest (oth er than dividend paym ents to depositors) F or current expenses of the banks, v iz .: For salaries ....................................................................... $90,290 00 For taxes: Banking house, $13,940.30; surplus, $43,094.37 ........................................................................... 57,934 67 For expenses, except taxes, o f banking house: Repairs ........................................................................... 5,030 61 560 89 Insurance .................................................................... For expenses o f other real estate, v iz .: Repairs .............................................................. ............ 8,628 10 Insurance ...................................................................... 298 39 Taxes .............................................................................. 14,045 53 For other expenses, not including expenses of other real estate nor other expenses of banking house.. 70,344 18 253,192 47 F or real estate acquired by foreclosure, or in settlem ent of debts due the b a n k ................................................................................ 379,467 99 Other paym ents, v iz .: Liberty Bond account, bonds delivered and refunds.. $1,158,074 00 Suspense, payments account bond and mortgage interest, taxes, etc......................................................... 172,616 30 135,105 80 Account o f addition to bank building......................... Tellers’ cash s h o rt; sundries......................................... 164 01 ------------------ 1 ,4 6 5 ,9 6 0 11 Cash on hand and in banks or tru st com panies December 31, 1918, after tran saction s o f the d a y ................................................. 3 ,8 0 5 ,2 4 5 54 $ 3 9 ,0 4 5 ,7 7 6 64 ■ ___ : S T A T IS T IC A L IN F O R M A T IO N = .r...— N um ber o f open accounts January 1, 1919........................................ 112,704 N um ber o f accounts opened or reopened du rin g the y e a r ........... 2 1,533 Number o f accounts closed during the y e a r .................................... 18,298 A m ou n t deposited during the year, not in cluding dividends credited fo r th a t p e rio d ....................................................................... $ 1 7 ,9 4 5 ,9 8 8 55 A m oun t w ithdraw n durin g the y e a r ................................................... 1 5 ,5 5 2 ,3 6 0 08 A m oun t o f dividends credited and paid fo r the year, v iz .: July 1, 1918........................................................................... $970,873 10 January 1, 1919.................................................................... 998,954 84 ------------------■ 1 ,9 6 0 ,8 2 7 04 Average am ount o f each account Janu ary 1, 1919....................... 494 54 N um ber o f accounts w hich exceeded $3,000, exclusive o f d iv i dends credited, a t the la st tr ia l balance o f depositors’ ledgers, except deposits arisin g from society accounts, or ju d icia l sales, or tru st funds, or b y order o f a cou rt o f record o r o f a su rroga te..................................................................................... 1 T o ta l am ount o f such a ccou n ts............................................................ $3,381 04 R ate per cent, o f dividends to depositors during the six m onths ending June 30, 1918......... .................................................................. 4 R a te per cent, o f dividends to depositors du rin g the six m onths ending Decem ber 31, 1018................................................................... 4 T ota l earnings o f the bank fo r the year 1918, after allow ing fo r am ortization o f prem ium s and d iscou n ts............................. $ 2 ,7 1 2 ,9 8 6 30 T ota l expenses o f the hank fo r the year 1918.................................. 2 53,102 47 D ividends pa id to depositors fo r the year 1918............................... 1 ,9 6 9 ,8 2 7 04 N e t earnings fo r th e yea r 1918 over expenses a n d dividends paid to d ep ositors................................................................................... 489,965 89 114 40. R eport of S a v in g s B anks THE DIME SAVINGS BANK OP WIIXIAMSBURGH, BROOKLYN [209 Havemeyer street; Incorporated 1864] WILLIAM P. STURGIS. President. C. M. LOWES, Treasurer, e . F. MOLLENHAUER, Viee-Pres. CHARLES R. <3r a i G, Asst. Treasurer. H. R. FERGUSON, Vice-President. TRUSTEES WILLIAM P. STURGIS, AUGUSTUS WENZEL, S . F. MOLLENHAUER, OTTO F. STRUSE, ALEX. D. SEYMOUB, WARREN F. GOODWIN, JOHN HOERLE, ALVAH MILLER, H. R. FERGUSON, C. C. MOLLENHAUER, CORBETT MCCARTHY, JOHN J. COONEY, WM. H. VOGEL, RUSSELL J. PERRINE, D. CLINTON JOHNSON. F IN A N C IA L RESOURCES B onds and m o r t g a g e s .............................. $ 7 ,8 8 8 ,7 5 0 00 Stock a nd bond investm ents, v iz .: Estimated Original Par Stocks and bonds value cost market value $400,000 00 United States ........................ $400,000 00 $400,000 00 Cities in other States............ 1,054,000 00 1,007,005 00 1,078,950 65 Cities in this State............... 2,123,850 00 2,220,710 47 2,088,598 00 Counties in this State........... 225,000 00 238,122 28 225,100 00 Towns in this State............ 89,875 00 92,734 35 90,860 00 Villages in this State............ 50,000 00 49,450 00 64,792 65 School districts in this State 25,000 00 25,248 25 26,000 00 Railroad mortgage bonds.... 60,000 00 £2,344 00 67,800 00 $4,027,725 00 $4,190,902 55 $3,954,813 00 P rom issory n o t e s ....................................................................................... B ank ing Rouse and lo t, b ook value, $100,000] cost, $142,786.54; a ctu a l cash v a l u e ................................................................................... Other real estate, book value, $6,942.62; cost, $6,942.62; actual cash value ................................................................................................ C ash on deposit in banks o r tru st com panies.................................. Cash on hand .............................................................................................. T o ta l o f collectible interest .......... ......................................................... A m ou n t o f a ll other assets, v iz .: Liberty Bond payments for subscribers..................... $375,940 05 Advanced fo r taxes............................................................. 222 55 3 ,9 5 4 ,8 1 3 00 5 ,0 4 1 86 1 0 0 ,0 0 0 00 6 ,9 4 2 5 7 5 ,5 0 9 46 ,07 9 89 ,07 8 62 68 28 34 376,162 60 LIABILITIES $ 1 3 ,0 4 2 ,3 7 7 38 ========== Su rplu s on par value, $802,561.62. II 3 I 323 A m o u n t due depositors, v iz .: P rin cip a l.............................................................................. $11,956,942 55 Dividends credited or to be credited for the six months ending with December 31, 1918..................... 225,100 67 ------------------ $ 1 2 ,1 8 2 ,0 4 3 -Otherlia b ilities, v iz .: L ib erty 'Bond d ep osits................................ 130,684 7 2 9 ,6 4 9 Surplus on m arket v a lu e ............................................................................. $13,0 4 2 377 =========== ggg&§ C A SH T R A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS C ash on hand and in banks o r tru st com panies J a n u a ry 1, 1918, b efore transactions o f the d a y ............................................... $735,286 From depositors, n ot in clud ing dividends cred ited ..................... 3 ,0 4 0 ,9 3 3 From interest on loans, deposits an d investm ents......................... 5 8 8 ,1 2 0 F rom ren ts from other real e s t a t e ...................................................... 600 F rom m ortgages ......................................................................................... 117,650 •From redem ption o f stocks and b on d s............................................... 4 3 8 ,3 6 2 F rom stocks and bonds sold (to ta l pa r value, $ 1 5 0 ,0 0 0 )............ 150,000 F rom bankers’ acceptances and b ills o f exch ange........................... 107,257 F r o m real estate s o l d ............................................................................... 23, W 0 50 00 61 69 K in g s 115 C oun ty F ro m a ll oth er sources, v iz .: Liberty Bond payments by subscribers........................ Received from sale Liberty Bond coupon books, coupons and stamps .................................................... Interest received in adjustment Liberty Bond sales.. Received on contract sale of real property.................. Tellers’ cash o v e r; excess payment sale real property ........................................................................... $525,354 55 66,249 00 3,637 86 2,000 00 203 10 ------------------ PAYMENTS $597,444 51 $ 5 ,7 9 8 ,7 4 6 23 — : = —— = z = T o depositors, in cluding dividends p a id to th em ........................... $ 3 ,2 6 5 ,7 2 4 36 F or loans on bonds and m o r t a g e s ........................................................ 3 7 ,5 0 0 00 6 ,0 41 86 F o r loans on stocks and bonds and oth er s e c u r it ie s .................... F o r bankers’ acceptances and b ills o f e x c h a n g e ............................. 107,257 61 F or stocks and bonds purchased, in clud ing prem ium s, com m is sions, etc. (to ta l p a r value, $800,000) ......................................... 800,000 00 F o r interest (oth er than dividend paym ents t o d e p o s ito r s )____ 1,787 21 F o r cu rrent expenses o f the bank, v iz .: For sa la ries........................................................................ $32,165 32 For ta x es: Banking house, $3,011.25; surplus, $6,602.13 ............................................................................. 9,613 38 For expenses, except taxes, o f banking house: R ep a irs................................................................ 1,895 37 Insurance ..................................................................... IK 24 Other ............................................................................. 3,12119 For expenses o f other real estate, v iz .: R ep a irs................................................................ 135 89 T a x e s .................................................................... 194 96 For other expenses, not including expenses o f other real estate nor other expenses of banking house.. 12,496 04 -------------------------------------- 59 ,77 7 39 O th er paym ents, v iz .: Liberty Bond account.......................................... $816,300 00 Refunds to Liberty Bond purchasers; adjustment interest Liberty Bond account........................ 10,747 54 Liberty Bond coupon-books, coupons and stamps purchased ........................................................................ 66,249 00 Payment on real estate con tract; tellers’ cash sh o rt; refund exeess paymentsale real property.. 5,772 30 -----------------899,068 84 C ash on hand and in banks o r tru st com panies December 31, 1918, after transactions o f th e d a y ............................................... 621,588 98 S T A T IS T IC A L IN FO R M A TIO N $ 5 ,7 9 8 ,7 4 6 23 = = = = = = N um ber o f open accounts Janu ary 1,1 9 1 9 ...................................... 16,554 N um ber o f accounts opened o r reopened durin g the y e a r ......... 2 ,6 5 2 N um ber o f accounts closed durin g the y e a r .................................... 2 ,3 6 0 A m oun t deposited du rin g the year, n ot in cluding dividends credited fo r th a t period ..................................................................... $ 3 ,0 4 0 ,9 3 3 40 A m ou n t w ithdraw n du rin g th e yea r ............................................... 3 ,2 6 5 ,7 2 4 36 A m ou n t o f dividends credited and paid fo r the year, v iz .: July 1, 1918........................................................................... $226,167 29 January 1, 1919................................................................... 225,100 67 -----------------451,2 5 7 96 A vera ge am ount o f each account J anu ary 1, 1919......................... 735 89 R a te per cent, o f dividends t o depositors du rin g the six months ending June 30, 1918 .......................................................................... 4 B a te per cent, o f dividends to depositors du rin g the six m onths ending Decem ber 31, 1918 ................................................................. 4 T o ta l earnings o f th e bank fo r the year 1918, after a llow in g for a m ortization o f premiums and d is c o u n t s .................................. $577,143 37 T o ta l expenses o f th e bank fo r the year 1918 ............................... 6 0,206 07 D ividends paid t o depositors fo r the year 1918 ............................. 451,2 5 7 96 N et earnings fo r th e year 1918 over expenses and. dividends paid t o depositors .............................................................................. 6 5 ,6 7 9 34 116 R 41. epoet gn S a v in g s B anks E A S T BRO O K LY N SA V IN G S B A N K , BRO O K LYN [643 Myrtle avenue; Incorporated 1880] EUGENE F. BARNES, President. DAVID MOREHOUSE, Treasurer. JOHN H. IRELAND, Vice-President JAMES S. DAVIS, Vice-President. WM, A. GRAHAM, Vice-President. EUGENE F. BARNES. JOHN H. IRELAND, JAMES S. DAVIS, EDWARD F. GEER. HENRY VON GLAHN, JOHN T. BARRY, TRU STEES ROBERT L. WENSLEY, E. J. PHILLIPS, FRED’K E. GUNNISON, REMSEN A. BOERUM, CLINTON P. CASE, HARRY A. MOODY, WILLIAM A. GRAHAM* ALFRED S. HUGHES, GEORGE NICHOLSON, DAVID MOREHOUSE, LUTHER M. WERNER. F IN A N C IA L RESOURCES B onds and m o r t g a g e s ....................... $ 5 ,2 1 1 ,3 7 5 0 0 Stock and bond investm ents, v iz .: Par Original Estimated Stocks and bonds value cost market value United States ..........................$1,029,060 O0 $1,021,829 20 $1,029,050 00 1,109,572 33 1,022,230 00 Cities in other States........ 1,046,000 00 Cities in this State............... 1,297,089 66 1,308,76013 1,267,270 99 133,232 47 132,000 00 Counties in this State.......... 132,000 00 17,137 60 14,850 00 Villages in this State........... 15,000 00 1,127,374 25 934,000 00 Railroad mortgage bonds— 1,115,000 00 $4,633,139 66 $4,717,896 ® $4,399,400 99 r..................... ..... - ..........B ank ing house and lo t, book value, $20,000; cost, $48,741.60; actu al cash value ................................................................................. C ash o n deposit in banks or tru st com panies.................................. Cash on hand ............................................................................................ T o ta l o f collectible interest ................................................................. 4 ,3 9 9 ,4 0 0 99 2 0 ,0 0 0 719,8 0 4 4 9 ,3 9 3 89,/132 00 75 24 55 $ 1 0 ,4 8 9 ,108 5 4 LIABILITIES A m ou n t due depositors, v iz .: Principal ............................................................................ $9,5®, 128 84 Dividends credited or to be credited for the six months ending with December 31, 1918..................... 175,709 65 ------------------ $ 9 ,7 6 1 ,8 3 8 4 9 O ther liabilities, v iz .: L ib erty B ond d e p o s i t s ............................. 71 ,21 5 09 Su rplu s on m arket valu e ...................................................................... 656,0 5 3 05 $ 1 0 ,4 8 9 ,1 0 6 54 Su rplu s on pa r value, $889,791.72. C A SH T R A N S A C T IO N S D U B IN G T H E Y E A R 1918 RECEIPTS Cash on hand and in banks o r tru st com panies Janu ary 1, 1918, before tran saction s o f the day ........................................... F rom depositors, n o t in cluding dividends credited .................... F rom in terest on loans, deposits and in v e s tm e n ts ......................... F rom rents from banking house ........................................................ F rom m ortgages ....................................................................................... F ro m redem ption o f stocks and b on d s........................................... F rom stock s a n d bonds sold (to ta l pa r value, $ 4 6 3 ,4 5 0 ) .... F ro m rea l estate s o ld .............................................................................. $ 9 2 2,3 4 6 2 ,8 5 2 ,8 9 8 4 5 2 ,3 5 9 448 9 4 ,8 5 0 5 1 9 ,3 2 0 4 6 3 ,4 5 0 2 8 ,8 6 0 OS 37 72 00 00 19 09 02 K in g s 117 C oun ty F rom a ll oth er sources, v iz .: Liberty Bond installment payments by subscribers.. U. S. War Savings Stamps sold..................................... Deficiency judgment in foreclosure action.................. Insurance premiums advanced, refunded; appraisal and tax search fees ; profit sale o f bonds ; sundries $130,000 O0 413 <X» 900 00 90S 61 ------------------ $182,218 61 $ 5 ,5 1 6 ,7 5 0 99 PAYMENTS T o depositors, in cluding dividends pa id t o t h a n ......................... $ 2 ,4 6 2 ,1 8 1 F or loans on bonds and m ortga ges................................................... 2 4 0 ,7 5 0 F or stocks and bonds purchased, in cluding prem ium s, com m is sions, etc. (to ta l pa r value, $ 1 ,88 0 ,0 5 0 ).................................... 1 ,8 4 6 ,4 5 7 F or interest (oth er than dividend paym ents t o depositors) . . 5 ,0 4 3 F o r cu rrent expenses o f the bank, v iz .: For salaries ....................................................................... $27,693 12 For taxes : Banking house, $5O2.20; surplus, $6,183.80 6,686 00 For expenses, except taxes, o f banking house: 589 38 R ep a irs.......................................................................... Other ............................................................................. 2,302 69 For expenses o f other real estate, v iz .: Repairs ........................................................................... 34 m 62 50 For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. 7,S77 66 45 ,24 5 F o r rea l estate acquired b y foreclosure, or in settlem ent of 24 ,69 7 debts due the b a n k .............................................................................. O th er paym ents, v iz .: Liberty Bond coupon books purchased........................ $12,685 ©0 Liberty Bonds delivered to customers and refunds o f installments .............................................................. 96,100 09 Loss account o f bank burglars in “ hold up ” of December 13, 1918.............................................................. 11,127 69 D. S. War Savings Stamps purchased; insurance premiums a dvan ced........................................................ 264 55 123,177 C ash on hand and in banks or tru st com panies December 31, 769.197 1918, after transactions o f the d a y ............................................... 63 00 98 54 35 26 24 90 $ 5 ,5 1 6 ,7 5 0 90 S T A T IS T IC A L IN FO R M A TIO N N um ber o f open accounts Janu ary 1, 1919...................................... 17,875 Num ber o f accounts opened or reopened durin g the y e a r ......... 3 .1 17 N um ber o f accounts closed du rin g tb e y e a r .................................... 3 ,2 0 5 A m ou n t deposited du rin g the year, n ot including dividends credited fo r th a t p e rio d ..................................................................... $ 2 ,8 5 2 ,8 9 8 37 A m oun t w ithdraw n du rin g the y e a r ................................................. 2 ,4 8 2 ,1 8 1 63 A m ou n t o f dividends credited and p a id fo r th e year, viz.: July 1, 1918........................................................................... $170,509 52 January 1, 1919................................................................... 175,709 65 346.2 1 9 17 A vera ge am ount o f each account Janu ary 1, 1919...................... 546 11 R a te per cent, o f dividends to depositors during the six months ending June 30, 1918.......................................................................... 4 R a te per cent, o f dividends to depositors during the six m onths ending December 31, 1918................................................................. 4 T o ta l earnings o f the bank fo r the year 1918, after a llow in g fo r am ortization o f premiums and discou n ts......................... $455,593 71 T o ta l expenses o f the bank for th e year 1918........... „ ................. 45 ,61 5 67 D ividends pa id t o depositors fo r tb e year 1918............................. 346.219 17 N e t earnings for th e year 1918 over expenses a nd dividends paid t o depositors .............................................................................. 63 .75 8 87 118 42. R eport on S a v in g s B anks EASTERN DISTRICT SAVINGS BANK OF THE CITY OF BROOKLYN, BROOKLYN [1024-1026 Gates avenue; incorporated 1895] JOHN W. FRASER, President. PARKER SLOANE, Vice-President. HOMER L. BARTLETT, Vice-President CHAS. LOUIS SICARD, Secretary. A. MANNING SHEVILLE, Cashier. TRUSTIES PARKER SLOANE, CHARLES L. SICARD, JOHN W. FRASER, GEO. W . PAYNTAR, C. A. VAN IDERSTINE, HOMER L. BARTLETT, C. JEROME EDWARDS, JAMES A. STEWART, HENRY L. GAUS. CHARLES JACOB, JOHN W. MOORE, JOHN BOSSERT, GEO. H. ILER, F IN A N C IA L RESOURCES B onds and m ortga ges........................... ' ................................................ $ 5 ,5 4 4 ,3 6 8 0 0 S tock and bond investm ents, v iz .: Par Original Estimated Stocks and bonds value cost market value United States ..........................$1,101,500 00 $1,101,500 00 $1,101,50000 State o f Alabama.................. 16,000 00 15,833 IS 15,92000 state o f California............... 50,000 00 48,611 55 48,50000 State o f Maine........................ 50,000 00 48,372 43 60,00000 State o f Missouri................... 50,000 00 48,121 68 49,00000 state o f New Mexico........... 50,000 00 50,963 75 52,50000 6,000 00 5,080 74 5,07600 State o f North Carolina........ Cities in other States............ 1,668,500 00 1,746,794 50 1,696,55000 Counties, villages and towns in adjoining States............. 60,000 00 50,087 29 60,50000 738,739 38 757,549 72 737,14440 Cities in this State............... Counties in this State.......... 50,000 00 52,305 55 51,40000 Towns in this State............... 24,000 00 24,302 28 24,62000 Villages in this State............ 16,000 00 16,000 00 16,00000 Railroad mortgage bonds— 1,079,000 00 1,089,525 14 958,03000 $4,948,739 38 $5,054,997 82 $4,856,739 40 1 ..................... .........■............ ...................... P rom issory n otes .......................................................................... .. Other re a l estate, b ook value, $62,815.24; cost, $65,090.24; actu a l eash v a l u e .......................................................... ........................ Cash o n dep osit in banks o r tru st com pan ies............................. Cash on h an d ............................................................................................ T o ta l o f collectib le in terest................................................................. A m ou n t o f a ll oth er assets, v iz .: Liberty Bond payments for subscribers....................... $93,488 15 Insurance premium advanced........................................ 6 50 ------------------ 4 ,8 5 6 ,7 3 9 4 0 3 1 ,9 4 4 0 0 6 2 ,8 1 5 9 5 3 ,7 5 3 9 ,8 9 9 106,2 4 0 24 21 66 88 9 3 ,49 4 65. $ 1 1 ,6 5 9 ,2 5 4 98, LIABILITIES A m oun t due depositors, v iz .: P rin cip a l..............................................................................$10,983,172 72 Dividends credited or to be credited for the six months ending with December 31,1918........................ 195,101 06 ------------------ $ 1 1 ,1 7 8 ,2 7 3 7 8 Su rplu s on m arket v a lu e ..................................................................... 480,981 18 $ 1 1 ,6 5 9 ,2 5 4 9 8 Su rplu s ou p a r value, $572,981.16. C A SH T R A N S A C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS C a d i on hand and in banks o r tr u s t com panies Janu ary 1, 1918, before tran saction s o f th e d a y ........................................... $ 8 65,434 0 8 F rom depositors, n o t in clud ing dividends cred ited ..................... 4 ,1 9 6 ,7 9 1 20 F rom in terest on loans, deposits and investm ents......... 1 . . . . 5 0 5 ,8 0 5 1 8 K in g s C ounty From rents fro m other real esta te........................................................ F rom m o r t g a g e s ........................................................................................ F rom redem ption o f stocks and b o n d s ............................................... F rom stock s and bonds sold (tota l par value, $ 4 1 9 ,1 6 7 .7 8 )... F rom loans p a id ..................................................................................... From real estate sold ............................................................................ F rom all other sources, v iz .: Liberty Bond receipts from subscribers..................... $376,209 58 Insurance premiums and taxes advanced, refunded.. 289 75 Received on real estate contract..................................... 1,100 00 ____________ m $ 3,951 189,047 1 ,3 3 2 ,7 9 0 420,089 32,521 10,450 71 00 00 39 20 00 377,599 3$ $ 7 ,9 3 4 ,4 7 8 96 PAYMENTS T o depositors, including dividends paid t o th em ......................... $ 3 ,40 0 ,7 9 5 27 F or loans on bonds and m ortgages.................................................... 104,400 00 F or loans on stocks and bonds and other securities..................... 64,465 20 F or stocks and bonds purchased, including premiums, com m is sions, etc. (to ta l p ar value, $2,984,249.38).................................. 2 ,9 8 4 ,7 6 8 09 F or interest (oth er than dividend paym ents t o d e p o s ito r s ). . 10,761 07 F or current expenses o f the bank, v iz .: For salaries ........................................................................ $25,785 64 For taxes : Surplus........................................................... 3,906 24 For rent o f banking rooms.............................................. 3,947 77 For expenses o f other real estate, v iz .: Repairs ......................................................................... 1,805 04 Insurance...................................................................... 517 61 Taxes ............................................................................. 1,532 24 ' O th e r.............................................................................. 266 31 For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. 7,387 20 ---------------------------------------45 ,14 8 05 Other paym ents, v iz .: Insurance premiums and taxes advanced.................. $263 59 Liberty Bond account........................................................ 360,136 82 Tellers’ cash short; adjustment error in computing in terest.............................................................................. 88 00 -----------------360,488 41 Cash on hand and in banks or tru st com panies December 31, 1918, a fter transactions o f the d a y ............................................... 963,652 87 $ 7 ,9 3 4 ,4 7 8 96 S T A T IS T IC A L IN FO R M A TIO N N um ber o f open accounts J a n u a ry 1, 1919 .................................. 2 9 ,3 3 3 Num ber o f accounts opened o r reopened durin g the y e a r ____ 5 ,7 7 4 Number o f accounts closed du rin g the y e a r .................................. 3 ,7 5 3 A m oun t deposited du rin g the year, n ot in cluding dividends credited fo r th a t p eriod ..................................................................... $ 4 ,1 9 6 ,7 9 1 2 0 A m ount w ithdraw n du rin g the y e a r ................................................. 3 ,4 0 0 ,7 9 5 27 A m ount o f dividends credited and p a id fo r the year, v iz .: July 1, 1918........................................................................... $186,411 75 January 1, 1919................................................................... 195,101 <36 -----------------381,512 81 A verage am ount o f each account Janu ary 1, 1919....................... 381 08 R a te per cent, o f dividends to depositors durin g the six m onths ending J u n e 30, 1918.......................................................................... 4 R ate per cent, o f dividends to depositors during the six months ending Decem ber 31* 1918................................................................... 4 T ota l earnings o f the bank fo r th e yea r 1918, a fter a llow in g fo r am ortization o f prem ium s and d iscou n ts........... ................. $510,181 79 T ota l expenses o f th e bank fo r the year 1918.......................... 45 ,14 8 05 D ividends paid t o depositors fo r the year 1918............................. 381,512 81 N et earnings fo r th e year 1918 over expenses a nd dividends paid to depositors ................................................................................. 8 3 ,5 2 0 93 120 R 43. eport on S a v in g s B anks EAST NEW YORK SAYINGS BANK, BROOKLYN [2644 Atlantic avenue; incorporated 1868] FREDERICK MIDDENDORF, President. ADOLPH KIENDL, Vice-President. CLARENCE F. COLTER, Vice-Pres. FRED’ K MIDDENDORF, RUDOLPH REIMBR, FRANK C. LANG, FREDERICK D. HART, CLARENCE F. COLYER, JOHN M. LINZ, Treasurer. EDWARD A. RICHARDS, Secretary. FRED M. LINZ, Asst. Treasurer. T R U S T IE S JOHN M. LINZ, ADOLPH KIENDL, A. H. ACKERMAN. CHARLES J. BENISCH, EDWARD A. RICHARDS, G. F. MIDDENDORF, Ja., JOHN MEYN, Sa., N. WILLARD CURTIS, JAS. K. ALEXANDER, ANDREW BRISLIN. F IN A N C IA L RESOURCES B onds and m ortgages ............................................................................... $ 2 ,8 4 0 ,2 5 0 GO S to ck an d bon d investm ents, v iz .: Par Original Estimated Stocks and bonds value cost market value United States ........................ $564,666 00 $561,740 00 $564,65000 State o f California............... 58,000 00 61,675 00 51,41000 Cities in other States............ 240,000 00 251,277 31 243,26000 702,000 00 713,847 35 691,75006 Cities in tilts State................... Towns in this state............... 30,000 00 33,900 00 31,8800© Villages in tnis State............ 15,000 00 18,060 00 15,20006 Railroad mortgage bonds— 445,000 00 601,8% 82 393,85000 $2,049,660 00 $2,132,2% 48 $1,991,990 00 — --------- ----- .................. — — B anking house and lot, book value, $25,000; cost, $35,399.70; actu al cash v a lu e ................................................................................... ■Other real estate, book value, $7,674.17; cost, $7,674.17; actu al oash value ................................................................................. Cash on dep osit in banks and tru s t com panies............................. Cash on hand ............................................................................................ T o ta l o f collectible in terest..................................................................... 1 ,9 9 1 ,9 9 0 00 2 5 ,0 0 0 00 7 ,0 0 0 4 5 2 ,1 4 6 2 9 ,0 6 5 6 6,681 00 28 2041 $ 5 ,4 1 2 ,1 3 2 89 LIABILITIES A m ou n t due depositors, v iz .: Principal ............................................................................. $4,843,246 64 Dividends credited or to be credited for the six months ending with December 31, 1918..................... 86,614 38 ------------------ $ 4 ,9 2 9 ,8 6 1 02 O ther lia b ilities, v iz .: Expenses incurred, but unpaid, R epairs 744 0 0 Surplus on m arket v a lu e .......................................................................... 481,5 2 7 87 $ 5 ,4 1 2 ,1 3 2 89 S u rp lu s on p a r value, $539,187.87. C A S H T R A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS C ash on band and in banks o r tr u s t com panies J a n u a ry 1, 1918, before tran saction s o f th e d a y ......................................I . . . $401,794 F rom depositors, n o t in clud ing dividends cred ited ...................... 1 ,6 3 4 ,2 4 7 F r o m in terest on loans, deposits and investm ents....................... 2 4 2 ,2 6 3 F rom rente fro m banking h ou se...... ................................................... 300 4 9 ,5 0 0 F r o m m ortgages ..................................... F rom redem ption o f stocks and b on d s............................................... 113,200 F ro m a ll oth er sources, v iz .: Insurance prem ium advanced, r e fu n d e d ..................................................................................................... 13 81 28 91 00 00 00 75 $ 2 ,4 4 1 ,3 1 9 75 K in g s C oun ty 121 PAYMENTS T o depositors, in cluding dividends paid to th em ......................... $ 1 ,3 0 0 ,2 5 8 153,100 F o r loans on bonds and m ortga ges...................................................... F o r stock s a n d bonds purchased, in cluding prem ium s, com m is 473,2 8 8 sions, etc. (to ta l par value, $ 4 7 5 ,0 0 0 )........................................... 948 F o r interest (oth er than dividend paym ents to d e p o s ito r s ). . F o r cu rrent expenses o f the bank, v iz .: For salaries ........................................................................ $15,3fi9 50 For taxes: Bankinghouse, $613.00; surplus, $4,337.11 4,95017 For expenses, except taxes, of banking house: 84 09 Repairs .......................................................................... In su rance....................................................... 241 66 Other .............................................................................. 662 18 For expenses o f other real estate, v iz .: R epa irs........................................................... 1,069 00 Insurance ...................................................................... 15 52 T a x e s .............. 171 32 For other expenses, not including expenses o f other real estate nor other expenses of banking house.. 3,70028 26,193 F o r real estate acquired b y foreclosure, o r in settlem ent o f 6,000 debts due th e b a n k ..................................................... .......................... O ther paym ents, v iz .: Insurance premiums advanced......................................... $35 75 Fees paid in foreclosure action...................................... 283 40 319 Cash on hand and in banks or tr u s t com panies December 31, 1918, a fter transactions o f th e d a y .....................- ....................... 481,211 54 00 65 21 72 00 15 48 $ 2 ,4 4 1 ,3 1 9 75 S T A T IS T IC A L IN FO R M A TIO N N um ber o f open accounts Janu ary 1, 1919.................................... 10 ,68 3 N um ber o f accounts opened or reopened du rin g th e y e a r ____ 2 ,0 5 0 N um ber o f accounts closed du rin g the y e a r .................. * ............... 1 ,8 0 4 A m ou n t deposited du rin g the year, n ot in cluding dividends credited f o r th a t p e r io d ........................................................................ $ 1 ,6 3 4 ,2 4 7 28 A m ou n t w ithdraw n during th e y e a r .......................................... 1 ,3 0 0 ,2 5 8 54 A m ou n t o f dividends credited and p a id fo r th e year, v iz .: July 1, 1918............................................................................ $82,990 81 January 1, 1919................................................................... 86,614 38 169.605 19 A verage am ount o f each aceount J a n u a ry 1, 1919......................... 453 36 R a te per cent, o f dividends to depositors du rin g th e six m onths en din g June 30, 1918.......................................................................... 4 R a te per cent, o f dividends t o depositors du rin g th e six m onths ending Decem ber 31, 1918................................................................. 4 T ota l earnings o f th e bank fo r the yea r 1918, after allow in g fo r am ortization o f prem ium s and discou n ts............................... $241,753 58 T o ta l expenses o f the bank fo r the year 1918.................................. 2 7 ,25 6 87 D ividends paid t o depositors fo r the yea r 1918............................. 169.605 19 N e t earnings fo r th e year 1918 over expenses and, dividends pa id to depositors ................................................................................ 44,891 52 122 R 44. eport on S a v in g s B anks FL A T B U S H SA V IN G S B A N K , BRO O K LYN [910 Flatbush avenue; incorporated 1916] HARRY B. HAWKINS. President. EVERETT E. TERRY, Vice-President. FREDERICK A. KOCH, Vice-President. DANIEL A. BENTIEN, Secretary. STARKS W. SALT, Vice-President. TRUSTEES HARRY B. HAWKINS, FREDERICK A. KOCH, STARKS W. SALT, EVERETT E. TERRY, JOHN A. COOK, HENRY B. DAVENPORT, GEORGE C. DICKEL, WILLIAM HAWKINS, J. PAUL HOFFMAN, GRISWOLD I. KEENEY, ALEXANDER MacDONALD, JAMES McILRAVY, HENRY J. DAVENPORT, DeWITT V. D. RBILEY, T. SCHENCK RBfMSEN, ALLAN STEVENSON. HENRY L. UGHETTA. RICHARD VOM LEHN, WILLIAM T. WHICH. F IN A N C IA L RESOURCES B on ds and m o rtga ges................................................................................. $ 8 38,200 00 S to ck and bond Investments, v iz .: Par Original Estimated Stacks and hands value cost market value United States........................... $135,350 00 $133,400 00$135,35000 State Of Idaho....................... 5,000 00 4,747 24 4,85000 State o f Massachusetts....... 6,000 00 4,960 50 4,97500 Cities in other States.......... 35,000 00 35,806 39 35,40000 Cities in this State.............. 99,200 00 100,045 44 99,70400 Railroad mortgage bon d s.... 142,000 00 138,892 75133,40000 $421,550 00 $417,852 32$413,679*00 4 13,679 Other reaF estate, book value, $706.88; cost, $706.88; actual 706 ca sh v a l u e ................................................................................................ Cash on dep osit in banks o r tru st com panies.................................. 170,368 C ash on hand .............................................................................................. 1 5 ,562 T o ta l o f collectible' in terest................................................................... 2 0 ,51 7 A m oun t o f a ll other assets, v iz .: L iberty bond paym ents fo r 10,194 s u b s c r ib e r s ................................................................................................ 00 88 89 00 16 00 $ 1 ,4 8 9 ,2 2 7 93 LIABILITIES A m oun t due depositors, v iz .: P rin cip a l..............................................................................$1,449,947 04 Dividends credited or to be credited for the six months ending with December 31, 1918..................... 20,210 38 ------------------ $ 1 ,4 7 0 ,1 5 7 42 S u rp lu s on m arket v a lu e ...................................................................... 1 9 ,0 7 0 51 $ 1 ,4 8 9 ,2 2 7 93 Su rplu s on p a r value, $26,941.51. C A S H T R A N S A C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS C ash on band and in banks o r tru st com panies Janu ary 1, 1918, before transactions o f th e d a y ............................................. F ro m depositors, n ot in clud ing dividends cred ite d ....................... F rom in terest on loans, deposits and in vestm ents.................... F rom m o r tg a g e s .......................................................................................... F rom redem ption o f stocks and b on d s............................................... F rom stock s and bonds sold (to ta l p a r value, $ 2 ,4 5 0 )................ F rom a ll oth er s ou rces,.v iz .: L ib erty B on d installm ents paid b y subscribers.......................................................................................... $ 8 7 ,3 5 0 1 ,4 3 0 ,3 9 4 4 0 ,9 5 8 1 8 ,6 0 0 5 0 ,0 0 0 2 ,4 5 0 09 79 87 00 00 00 7 8 ,25 6 00 $ 1 ,708 ,00 9 75 K in g s C oun ty 123 PAYMENTS T o depositors, in cluding dividends paid t o th em ........................... F o r loans on bonds and m ortga ges................................................. F o r stock s a n d bonds purchased, in clu d in g premiums, com m is sions, etc. (to ta l par value, $ 2 5 4 ,2 0 0 )........................................ F o r in terest (o th er than dividend paym ents t o d e p o s ito r s ). . F o r cu rrent expenses o f th e bank, v iz .: For salaries ........................................................................ $6,072 53 For expenses, except taxes, o f banking house: In su ran ce......................................................................... 44 81 For rent o f bankingrooms................................................ 1,774 97 For expenses o f other real estate, v iz .: Taxes.......... 42 57 For other expenses, not including expenses o f other real estate nor other expenses of banking house.. 2,827 95 •Other paym ents, v iz .: L ib erty Bonds purchased fo r subscribers Cash on hand and in banks or tru st com panies Decem ber 31, 1918, a fter tran saction s o f the d a y ........................................... $6S8,489 82 481,0 5 0 00 252,167 91 1,1 58 30 10,762 83 8 8 ,4 5 0 00 185,9 3 0 89 $ 1 ,7 0 8 ,0 0 9 75 S T A T IS T IC A L IN F O R M A T IO N 8 ,3 7 3 N u m b er o f open accounts J anu ary 1, 1919...................................... 4 ,1 0 6 N u m ber o f accounts opened or reopened du rin g the y e a r -----1,491 N um ber o f accounts closed- du rin g the y e a r .................................... A m o u n t deposited du rin g the year, n ot in clud ing dividends credited fo r th a t p e rio d .......................' . ........................................... $ 1 ,4 3 0 ,3 9 4 79 688,489 82 A m oun t w ithdraw n du rin g the y e a r .................................................... A m oun t o f dividends credited and p a id fo r th e year, v iz .: July 1, 1918........................................................................... $14,546 98 January 1, 1919.................................................................... 20,210 38 Credited at other periods................................................. 59 28 34 .81 6 62 A verage am ount o f each account J anu ary 1, 1919......................... 175 53 R a te per cent, o f dividends to depositors du rin g th e six months 4 ending Jun e 30, 1918......................................................................... R a te per cent, o f dividends to depositors du rin g th e six months ending Decem ber 31, 1918................................................................. 4 T o ta l earnings o f th e bank fo r the year 1918, after allow ing for a m ortization o f prem ium s a n d d iscou n ts.................................... $50,747 19 T o t a l expenses o f the bank fo r the year 1918.................................. 10,762 83 D ividends p a id t o depositors fo r the yea r 1918................................ 34 .81 6 62 N e t earnings fo r th e year 1918 over expenses a nd dividends paid to depositors .............................................................................. 5 ,1 6 7 74 124 R eport on S a v in g s B anks 45. FU LTO N SA Y IN G S B A N K , K IN G S CO UNTY, BRO O K LYN [375 Fulton street; incorporated 1867 as Germania Savings Bank, Kings county| A. GOEPBL, President. PETER H. REPPBNHAGEN. Vice-Pres. OPTO WISSNER, Vice-President. ADOLPH GOEPEL. CHAS. A. SCHIEREN. P. H. REPPENHAGEN. T. ELLETT HODGSKIN, JACOB DANGLER, AUGUST JAHN, OSCAR THOMASS, Treasurer. J. C. M. LORENZ. Secretary. JOHN W. HASS, CasMer. TR U STE E S .T. F. HILDEBRAND, RICHARD KNY, OTTO WISSNER, •T. R. MANNHEIM. HERMAN A. METZ, FREDERICK RENKEN,. OTTO E. REIMER, OSCAR THOMASS, BERTHOLD FALLERT^ G. WM. RASCH. LOUIS SCHELING. F IN A N C IA L RESOURCES $ 7 ,7 9 8 ,2 0 0 00. B on ds and m ortga ges....................... S tock and bond investm ents, v iz .: Par Original Estimated Stocks and bonds valne cost market value United States.......................... $191,500 00 $191,500 00 $191,500 00 90,000 00 90,608 40 90,100 00 State o f California................ State o f Oklahoma.................. 20,000 00 20,494 60 19,800 00 Cities in other States.......... 1,096,000 00 1,147,616 64 1,094,940 00 Cities in this State............... 2,145,481 82 2,259,553 86 2,068,894 54 Counties in this State........ 336,000 00 352,491 67 337,500 00 Towns in this State............. 12,175 00 13,496 31 12,05a 60 Villages in this state............ 21,900 00 22,968 60 22,337 00 Railroad mortgage bonds---730,000 00 705,246 71 657,200 00 $4,643, 056 82 $4,803,876 79 $4, 489, 293 04 4 ,4 8 9 ,2 9 3 0 4 B a n k in g house and lo t, book value, $322,900.27; cost, $374,620.05; aetual cash v a lu e ................................................................... O ther real estate, book value, $110,176.16; eost, $119,165.58; a ctu a l cash v a lu e .................................................................................. Cash on deposit in banks or tru st com pan ies............................. Cash on h a n d ............................................................................................... T o ta l o f collectib le in terest..................................................................... A m o u n t o f a ll oth er assets, v iz .: R en t a ccru ed ............................. 3 2 2 ,9 0 0 27 111,5 0 0 9 7 4 ,116 17»4S1 111,447 490 GO10 69 03 00 $ 1 3 ,8 2 5 ,4 2 8 82 LIABILITIES A m ou n t due depositors, v iz .: Principal ............................................................................. $12,633,108 26 Dividends credited or to be credited for the six months ending with December 31, 1918....................... 237,781 33 ------------------ $ 1 2 ,8 7 0 ,8 8 9 59* S u rplu s on m arket v a lu e ........................................................................ 954,539 23 $ 1 3 ,8 2 5 ,4 2 8 82 Su rplu s on p a r value, $1,108,303.01. C A S H T R A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS Cash on hand and in banks o r tru st com panies Janu ary 1, 1918, b efore transactions o f the d a y ............................................... From depositors, n o t in clud ing dividends cred ited ....................... F rom interest on loans, deposits and investm ents......................... F rom ren ts from banking h ou se........................................................ F rom rents fro m oth er real esta te...................................................... F rom m o r tg a g e s .......................................................................................... F rom redem ption o f stocks and b o n d s ............................................... F rom stocks and bonds sold (to ta l p a r valu e $ 1 7 0 ,3 0 0 )........... F rom real estate s o l d ............................................................................... $ 8 00,308 3 ,1 1 1 ,3 8 8 613,531 15,417 7 ,7 9 8 3 2 8 ,2 7 5 7 5 ,7 8 0 1 70,300 3 6 ,0 0 0 83 31 30 89 01 00 91 00 00 K in g s 125 C oun ty f r o m a ll oth er sources, v iz .: Appraisal fees ................................................................... $332 00 Insurance premiums advanced, refunded.......................... 27172 Deficiency judgm ent; old safe s o ld ; refund, advertising ............................................................................. 10530 ____________ $709 02 $ 5 ,1 5 9 ,5 0 9 27 PAYMENTS T o depositors, in clud ing dividends p a id to th em ........................... $ 3 ,6 8 7 ,6 3 8 7 5 ,5 0 0 F o r loans on bonds and m ortga ges............................................... F o r stocks a nd bonds purchased, in cluding prem ium s, com m is 2 7 2 ,8 5 0 sions, etc. (to ta l par value, $ 2 7 2 ,8 5 0 ).................... F o r cu rrent expenses o f the bank, v iz .: $23,209 65 For salaries ........................................................................ For ta xes: Banking house, $9,041.55; surplus, 17,740 90 $8,099.35 ............................................................................. For expenses, except taxes, o f banking house: 1,050 79 Repairs .......................................................................... 270 a) Insurance ..................................................................... 10,181 59 Other ............................................................................. For expenses of other real estate, v iz .: 934 58 Repairs .......................................................................... 1,427 34 Insurance ...................................................................... 2,214 74 Taxes ............................................................................. 1,011 23 O th e r............................................................................. For other expenses, not including expenses o f other 5,817 85 real estate nor other expenses o f banking house.. 6 3 .85 9 F o r real estate acquired b y foreclosure, o r in settlem ent o f debts due the b a n k .............................................................................. 87,334 O th er paym ents, v iz .: $340 00 Commissions paid sale of real property...................... Improvements, real property........................................... 200 00 Insurance premiums advanced ; interest adjustment Liberty Bond account.................................................... 190 90 730 C ash on hand and in banks or tru st com panies December 31, 1918, after tran saction s of th e d a y ............................................... 991.597 64 00 00 47 38 90 S8 $ 5 ,1 5 9 ,5 0 9 27 S T A T IS T IC A L IN F O R M A T IO N N um ber o f open accounts Janu ary 1, 1919.................................... N um ber o f accounts opened or reopened du rin g the y e a r ......... N um ber o f accounts closed du rin g the y e a r .................................... A m ou n t deposited durin g the year, n ot in cluding dividends credited fo r th a t p e rio d ..................................................................... $ , A m o u n t w ithdraw n during the y e a r ............................................... , A m ou n t o f dividends credited and paid fo r the year, v iz .: July 1, 1918............................................................................ $240,388 20 January 1, 1919.................................................................... 237,781 33 2 0 .71 9 2.808 3.0/0 3 111,388 31 3 667,038 64 A verage am ount o f each account Ja n u a ry 1, 1919......................... R a te per cent, o f dividends to depositors du rin g th e Six months ending Jun e 30, 1918............................................................................ R a te per cent, o f dividends to depositors du rin g the six months ending Decem ber 31, 1918................................................................... T o ta l earnings o f the bank for th e y ea r 1918, after allow in g fo r am ortization o f premiums and d iscou n ts............................. T o ta l expenses o f th e bank fo r th e year 1918.................................. D ividends paid t o depositors for th e year 1918............................. N e t earnings f o r th e yea r 1918 o v er expenses and dividends pa id t o depositors .............................................................................. 478.1 6 9 53 621 21 4 4 $630.124 93 7 0.106 30 4 78,189 53 8 1,849 10 126 R eport on S a v in g s B anks 48. THE GREATER NEW YORK SAVINGS BANK, BROOKLYN [498 Fifth avenue; incorporated 1897] C. J. OBERMAYER, President. WM. K. CLEVERLY, Vice-Pres. ALEXANDER G. CALDER. Vice-Pres. WM. OBERMAYER, Secretary, THOMAS L. GRACE, Assistant Secretary. T R U ST E E S C. J. OBERMAYER. WM. OBERMAYER, CHARLES BUSTON, W. M. MESEROLE, WILLIAM J. MAXWELL, WM. K. CLEVERLEY, W. F. VANDEN HOUTEN, WALTER CRITCHLEY, ALEX. G. CALDER, JOHN LAMONT, FRANK A. SELLS, ARCHIBALD SIMPSON. MILO M. BELDING, JB., GUSTAVE HARTUNG, JOHN E. RUSTON, H. B. MCNAIR, THOMAS M. DELANEY, FREDERICK W. STARR* WM. W. SPENCE, LUDWIG MERKLEIN, GUY LOOMIS, WM. D. BUCKNER, RAYMOND H. FIERO, HARRY M. DeMOTT. ELISHA W. HINMAN. F IN A N C IA L RESOURCES Bonds and m ortgages .......................................................................... $ 3 ,9 3 6 ,5 7 5 0 0 S tock and bond investm ents, viz.: Original Par Estimated cost Stocks and bonds value market value United States........................... $1,206,000 00 $1,266,000 00 $1,266,000 00 State o f New York................ 100,000 00 105,387 00 106,000 00 788,305 00 Cities in other States........... 786,600 00 828,546 24 644,850 18 612,225 00 Cities in this State............... 630,000 00 10,060i 00 Towns in this State.............. 10,000 00 10,170 00 10,711 00 10,015 00 Villages in this State........... lOiOOO 00 16,558 30 School districts in this State 16,000 00 15,990 00 $2,818,500 00 $2,882,112 72 $2,808,705 00 Cash on deposit in banka o r tru st com panies. Cash on h a n d ............................................................... T o ta l o f collectible in terest...................................... 2 ,8 0 8 ,7 0 5 5 2 1 ,7 1 2 5 8 .14 5 6 8 ,13 6 00 41 91 67 $ 7 ,3 9 3 ,2 7 4 9 9 LIABILITIES A m oun t due depositors, v iz .: P rin cip a l.............................................................................. $6,694,362 37 Dividends credited or to be credited for the six months ending with December 31, 1918....................... 112,720 65 ------------------ $ 6 ,8 0 7 ,0 S 3 02 O ther lia b ilities, v iz .: L ib erty B ond d ep osits.................................. 3 42,515 50 Su rplu s o n m arket v a lu e .......................................................................... 2 4 3 ,6 7 6 47 $ 7 ,3 9 3 ,2 7 4 99 Surplus on par value, $253,471.47. C A SH T R A N S A C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS Cash on han d and in banks o r trust com panies January 1, 1918, before tran saction s o f th e d a y ...................................... ! . . . F rom depositors, n o t in cluding dividends cred ited ....................... F rom interest on loans, deposits and investm ents.................... F rom m o r t g a g e s ......................................................................................... From redem ption o f stoeks and b on d s............................................... From stocks and bonds sold (to ta l pa r value $ 1 ,2 1 0 ,6 5 0 ).... F rom all oth er sources, v iz .: Liberty Bond payments by subscribers........................ $1,443,808 00 P ro tt sale o f bonds........................................................... 1,848 81 Cash o v e r; Sundries........................................................... 25 43 ------------------ $442,244 3 ,3 7 2 ,9 3 3 2 9 7 ,8 8 4 9 3 ,1 5 0 6 0 0 ,0 0 0 1 ,2 1 0 ,6 5 0 57 30 84 00 00 00 1 ,4 4 5 ,6 8 2 24 $ 7 ,4 6 2 ,5 4 4 95 K in g s C oun ty 127 PAYMENTS T o depositors, in cluding dividends pa id t o th em ........................... $ 2 ,2 6 1 ,5 9 3 6 10,000 F o r loans on bonds and m ortga ges...................................................... F or stocks and bonds purchased, in cluding premiums, com m is 2 ,7 4 5 ,0 4 4 sions, etc. (to ta l par value, $ 3 ,8 4 3 ,0 0 0 )...................................... 3 ,6 79 F o r interest (oth er than dividend paym ents t o d e p o s ito r s ). . F o r cu rrent expenses o f the bank, v iz .: For salaries ........................................................................ $26,537 77 For taxes : Surplus........................................................... 1,928 12 For expenses, except taxes, of banking house: R ep a irs........................................................................... 375 21 Insurance ...................................................................... 10 71 3,925 00 For rent o f banking rooms.............................................. For other expenses, not including expenses of other real estate nor other expenses of banking house.. 16,663 23 4 9 ,4 4 0 Other paym ents, v iz .: L iberty B ond paym ents fo r subscribers. . 1 ,2 1 2 ,9 2 8 Cash on hand and in banks or tru s t com panies December 31, 1918, a fte r transactions o f th e day ........................................... 579,858 88 00 06 86 04 79 32 $ 7 ,4 6 2 ,5 4 4 95 S T A T IS T IC A L IN F O R M A T IO N Num ber o f open accounts Ja n u a ry 1, 1919.................................. 22,301 N um ber o f accounts opened or reopened during the y e a r ____ 5 ,8 9 2 N um ber o f accounts closed du rin g the y e a r .................................. 3 ,7 1 8 A m oun t deposited during the year, n ot in cluding dividends credited fo r th a t p e r io d ..................................................................... $ 3 ,3 7 2 ,9 3 3 30 A m oun t w ithdraw n du rin g the y e a r ................................................. 2 ,2 6 1 ,5 9 3 88 A m oun t o f dividends credited and paid fo r the year, v iz .: July 1, 1918......................................... •................................ $102,749 79 January 1, 1919.................................................................... 112,720 65 2 15,470 44 A verage am ount o f each account J anu ary 1, 1919......................... 305 24 R a te per cent, o f dividends to depositors during the six m onths ending June 30, 1918.......................................................................... 4 R ate per cent, o f dividends to depositors during th e six m onths ending Decem ber 31 1918..................................................................... 4 T ota l earnings o f the bank fo r the year 1918, after allow in g fo r am ortization o f prem ium s and discou n ts............................. $307,674 22 T ota l expenses o f th e bank for the year 1918.................................. 49 ,44 0 04 D ividends pa id t o depositors fo r the year 1918............................. 2 15,470 44 N et earnings fo r th e year 1918 over expenses and dividends paid to .d e p o s it o r s ................................................................................... 42 ,76 3 74 128 R 47. eport on S a v in g s B anks THE GREEN POINT SAVINGS BANK, BROOKLYN £807 Manhattan avenue; incorporated 1868] GEORGE W. MILTER, President. FRANK S. HARLOW, Secretary. CHAS. H. REYNOLDS, Vice-President. WILLIAM J. FLEMING, Asst. Sec. D. A. MANSOX, Vice-President. TRUSTEES WILLIAM C. REID, HENRY DECKER, DONALD A. MANSON, LEWIS JURGENS, FRANK S. HARLOW. JAS. A. McCAFFERTY, WILLIAM BO A T E R, GEORGE W. FELTER, GEORGE H. CHAS. H. REYNOLDS, DAVID MARTIN. FREDERICK W. SMITH, JOSEPH S. MONTGOMERY. FIN A N C IA L RESOURCES $ 6 ,5 0 7 ,2 2 5 0 0 Bonds and m ortga ges....................... S tock and bond investm ents, v iz .: Original Estimated cost market value Stocks and bonds value United States ................ . . . . 61,221,000 00 61,198,176 06 61,221,000 00 70,654 62 69,300 00 State o f Oklahoma............. . TO, MO 00 154,538 00 154,500 00 State o f Tennessee............... 150,000 00 25,250 00 25,492 SO State o f Idaho....................... 2S.00# 00 84,730 00 86,967 86 State o f California............... 84,000 00 1,166,335 m 1,210,948 75 Cities in other States........... 1,178,000 M 774,342 m 807,87# 68 Cities in this State.............. 787,800 W 264,050 00 295,202 51 Counties in this State.......... 275,000 00 45,432 77 45,000 00 Towns in this State............... 45,000 00 1,287,460 00 1,460,084 88 Railroad mortgage bonds— 1,492,000 00 $5, 327,800 00 $5, 354,358 11 $5,* 91, 96? 0# — — — — — 5 , 091,967 00 B ank ing house and lot, book value, $125,000; cost, $169,227.76 actual cash v a lu e ..................................................................... 125,0 0 0 00 O ther real estate, book value, $2S,398.01; cost, $28,398.01; a ctu a l cash v a l u e ................................................................................... 2 8 ,3 9 8 01 Cash on deposit in banks o r tru st com panies............................... 7 31,802 11 Cash on hand .................................................................................................. 8 6 ,7 0 6 07 T o ta l o f collectib le in terest................................................................... 107,974 62 A m ou n t o f a ll other assets, v iz .: A dvanced fo r lib e r t y Bond s u b s crib e rs ...................................................................................................... 5 7 ,5 0 0 0 0 $ 1 2 ,7 5 6 ,5 7 2 81 LIABILITIES A m ou n t due depositors, v iz .: P rin cip a l.............................................................................. $11,385,012 69 Dividends credited or to be credited for the six months ending with December 31, 1918..................... 204,493 73 -------------- - $ 1 1 , 5 8 9 , 5 0 6 42 Other lia b ilities, v iz .: Expenses incurred, but unpaid, Taxes accrued ..................................................................................................... 5 .4 5 0 00 Surplus on m arket v a lu e.......................................................................... 1 ,1 4 1 .6 1 6 39 $ 1 2 ,7 3 6 ,5 7 2 81 Su rplu s on pa r value, $1,377,449.39 C A S H T R A N SA C TIO N S D U R IN G T H E Y E A R 1918 RECEIPTS Cash on hand and in banks o r tru s t com panies J anu ary 1, 1018, before transactions o f the d a y ............................................. F rom depositors, n ot in cluding dividends cred ited .................... F rom in terest on loans, deposits and investm ents.................... From rents fro m other real esta te...................................................... F rom m ortgages ....................................................................................... From redem ption o f stocks and b on d s............................................... $ 6 49,884 3 ,4 1 1 ,6 3 3 5 6 0 ,0 4 9 2 ,1 1 2 157,000 2 9 6 ,8 5 0 18 34 86 45 00 00 K ings Covitf* m from stocks and bonds sold (total par value, $ 4 7 8 ,0 0 0 ).... from real estate sold........................................................................ From all other sources, viz.: Liberty bond payments by sub scribers ............................................................................................... $470,125 50 29,387 50 776,300 00 $6,353,342 83 PAYMENTS To depositors, including dividends paid to them....................... $2,704,421 69 236,950 00 For loans on bonds and mortgages.............................................. For stocks and bonds purchased, including premiums, commis 1,940,451 88 sions, etc. (total par value, $1,977,200)................................... 7,818 19 For interest (other than dividend payments to depositors).. For current expenses of the bank, viz.: For salaries ....................................................................... F or ta x es: Banking bouse, $2,974.16; surplus, $10,560.32 ............................................................................ For expenses, except taxes, o f banking house: R ep a irs........................................................................... In su ra n ce...................................................................... For expenses o f other real estate, v iz : R epains.......................................................................... Insurance ..................................................................... Taxes ............................................................................. O th e r.............................................................................. F or other expenses, not including expenses o f other real estate nor other expenses o f banking house.. $41,443 00 13,534 48 717 54 62 50 1,140 68 130 01 1,020 64 259 50 7,373 09 65,671 34 For real estate acquired by foreclosure, or in settlement of debts due the b a n k ...................................................................... .. Other payments, viz.: Liberty Bond payments for subscribers. Cash on hand and in banks or trust companies December 31, 1918, after transactions of the day.............................................. 41,921 55 537,600 00 818,508 18 $6,353,342 83 STATISTICAL INFORMATION 21,214 Number of open accounts January 1, 1 9 1 9 ................................... 3,793 Number of accounts opened or reopened during the year----Number of accounts closed during the year.............................. 2,680 Amount deposited during the year, not including dividends credited for that period................................................................ $3,411,633 34 Amount withdrawn during the y e a r .............................................. 2,704,421 69 Amount of dividends credited and paid for the year, viz.: July 1, 1918............................................................................ January 1, 1919................................................................... $197,979 30 204,493 73 Average amount of each account January 1, 1919....................... Rate per cent, of dividends to depositors during the six months ending June 30, 1918 .................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1918 ......................................... .................. Total earnings of the bank for the year 1918, after allowing for amortization of premiums and discounts............................. Total expenses of the bank for the year 1 9 1 8 ..................... Dividends paid to depositors for the year 1 9 1 8 ........................... Net earnings for the year 1918 over expenses and dividends paid to depositors........................................................................... 5 402.473 03 546 31 4 4 $575,453 93 67,653 87 402.473 03 105,327 03 m R i p o t i ? o n S a v in g s B a n e s 4 8 HAMBURG SAVINGS BAN S, BROOKLYN [1451 M yrtle avenue; Incorporated 1906] DAVID ENGEL. President. ROBERT E. MOFFETT, Vice-Pres. NICHOLAS A. STEMMERMANN, Vlce-Pres. GEO. C. UNBESCHEIDEN, Secretary. TRUSTEES DAVID ENGEL, N. A. STEMMERMANN, H. L. SCHELLING, HENRY C. BOHACK, ALBERT L. LEVI. ROBERT E. MOFFETT, C. WM. WOHLERS, W. P. BOGGS, II. 3. HOLTERMANN, HENRY F. WAGNER, CHAS. AICHMANN, ERNEST A. FLEISCHER, F. AUGUST SCHURMANN. OTTO SPANGENBERG. GEO. C. UNBESCHEIDEN. FINANCIAL RESOURCES Bonds and mortgages ......................................................................... $1,623,750 00 Stock and bond investments, viz.: Stocks and bonds United States ........................ State o f New M exico............. State o f M assachusetts........ State o f South Carolina— Cities in other States........... Towns in this State............. Villages in this State........... School districts in this State Railroad mortgage b on d s.... Par value $302,250 00 15, (W0 00 12,000 00 10,000 00 118,400 00 36.000 00 1X1,980 00 50,060 00 69.000 00 Original Estim ated cost market value $302,260 00 $299,639 40 16,172 58 15.760 00 10,464 12 10.760 OO 10,000 OO 10,000 00 120,760 00 124,985 37 37,309 34 37,310 00 114,943 76 114,372 05 52,048 28 61,166 75 64,858 76 59,250 00 $991,180 02 $997,651 59 $984,457 15 984,457 218,162 19,540 22,237 Cash on deposit in banks or trust companies........ Cash on hand .............................................................. Total of collectible interest..................... .................. 15 28 25 76 $2,868,147 44 LIAB ILITIES Amount due depositors, viz.: P rin cip a l.............................................................................. $2,735,589 98 Dividends credited or to be credited for the six m onuis ending w ith December 31, 1918....................... 48,460 31 ----------------- $2,784,050 29 Surplus on market value ................................................................ 84,097 15 $2,868,147 44 Surplus on par value, $90,820.02. CASH TRANSACTIONS DURING THE YEAR 1918 RECEIPTS Cash on hand and in banks or trust companies January 1, 1918, before transactions of the d a y ........................................ From depositors, not including dividends credited ................... From interest on loans, deposits and investm ents................... From mortgages ................................................................................. From redemption of stocks and bonds............................................ From stocks and bonds sold (total par value, $3,167.50)........... From all other sources, viz.: U. S. T h rift Stamps sold.............................................. Cash o v e r; Profit, bond sa le ; Advertising refu n d; Commission on bond purchases................................... $215,883 1,091,269 124,506 35,800 139,386 3,184 43 68 60 00 67 48 $1,676 00 13111 ------------------------------------ 1,706 11 $1,611,736 97 K in g s O otrirT T 131 PAYMENTS ’ To depositors, including dividends paid to th e m ....................... For loans on bonds and m ortgages............................................ For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $418,107.50)................................... For interest (other than dividend payments to depositors). . For current expenses of the bank, viz.: For taxes : Banking house, $576.00; surplus, $492.ii.. F or expenses, except taxes, o f banking h ouse: Repairs .......................................................................... In su ra n ce...................................................................... 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.. $828,980 74 117,000 00 413,040 04 1,420 00 1.06S 11 134 86 50 00 1,500 00 2,379 06 11,912 00 Other payments, viz.: Adjustm ent o f depositor’s account................................ U. S. T h rift Stamps....................................................... $100 00 1,575 00 1,075 00 Cash on hand and in banks or trust companies December 31, 1918, after transactions of the day ........................................... 237,702 53 $1,011,730,97 STATISTICAL INFORMATION Number of open accounts January 1, 1919 ............................... 9,132 Number of accounts opened or reopened during the year.......... 1,057 Number of accounts closed during the year ............................... 1,353 Amount deposited during the year, not including dividends credited for that period................................................................ $1,091,209 08 Amount withdrawn during the year ........................................... 828,980 74 Amount of dividends credited and paid for the year, viz.: July 1, 1918........................................................................... January 1, 1919.................................................................... Credited at other periods................................................. $46,072 30 48,455 51 4 Average amount of each account January 1, 1 9 1 9 ................... Rate per cent, of dividends to depositors during the six months ending June 30, 1918 .................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1918 ............................................................ Total earnings of the bank for the year 1918, after allowing for amortization of premiums and discounts........................... Total expenses of the bank for the year 1 9 1 8 ........................... Dividends paid to depositors for the year 19 1 8 ........................... Net earnings for the year 1918 over expenses and dividends paid to depositors ........................................................................ 94.532 01 304 80 4 4 $124,919 53 12,012 00 94.532 01 18,374 92 E i p o ws o n S a v in g s B a n n s m 49. HOMS SAVINGS BAN S, BROOKLYN [804 Manhattan avenue; incorporated 1906] MARSHALL W. GLEASON, President. LOUIS STERN, Vice-President. JOHN W. BURR, Vice-President, V. M. POW ELL, Cashier. TRUSTIES M. W . GLEASON, JOHN W. BURK, HARRY A. JEW ELL, MORRIS SALZMAN, LOUIS STERN, OSCAR A. BOCH, CHAS. P. BALL. CHAS. W. GRIFFIN, EDGAR H. HAZELWOOD, EDWIN J. SUTPHIN, CHARLES H. HAWKINS, THOMAS F. KELLY, J. R. HAZELWOOD, M. H. CAVANAUGrf, GEORGE H. ROWE. FINANCIAL RESOURCES Bonds and mortgages . Stock and bond investments, viz.: Stocks and bonds United States ........................ Cities in other States........... Counties, villages and towns in adjoining States........... Cities in this State................ Towns in this State............... Villages in this State........... School districts in this State Railroad m ortgage b on d s.... Par ____ value $33,660 00 115,500 00 $418,150 00 Original Estim ated cost market value $33,650 00 $33,650 00 118,860 00 120,464 92 15,000 Oft 20,500 00 5,750 00 22,000 00 15,400 00 21,000 00 15,286 62 20,378 92 5,879 80 23,210 16 16,030 80 18,112 27 15,960 00 20,605 00 6,780 00 22,984 00 16,821 00 18,480 00 $248,800 00 $253,012 49 $252,140 00 252,140 57,188 6,055 5,351 Cask on deposit in banks or trust companies........................... Cash on hand ............................... ..................................................... Total of collectible interest ............................................................ Amount of all other assets, viz.: Vaults, furniture, and fixtures ............................................................................................. 00 49 19 39 3,000 00 $741,886 07 LIAB ILITIES Amount due depositors, viz.: Principal ............................................................................. Dividends credited or to be credited fo r the six months ending w ith December 31, 1913...................... $703,252 00 12,520 45 ----------------Surplus on market value ................................................................ $715,772 45 26,112 62 $741,885 07 Surplus on par value, $22,772.62. CASH TRANSACTIONS DURING THE YEAR 1918 RECEIPTS Cash on hand and in banks or trust companies January 1, 1918, 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, $81,000).......... From all other sources, viz.: Profit, sale of bonds................... $35,177 311,768 35,137 21,900 26,250 79,706 359 41 63 76 00 00 25 43 $510,299 48 K in g s C 133 oun ty PAYMENTS To depositors, including dividends paid to th e m ....................... For loans on bonds and mortgages ............................................ For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $160,800)....................................... 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 bou se: Other 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.. $263,055 74 19,500 00 157,262 63 1,009 54 f3,812 00 64 94 96 68 1,400 00 854 37 6,227 89 Cash on hand and in banks or trust companies December 31, 1918, after transactions of the d a y ............................................ 63,243 68 $510,299 48 STATISTICAL INFORMATION Number of open accounts January 1, 1919 ............................... Number of accounts opened or reopened during the y ear.. . .* 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, 1918........................................................................... January 1, 1919................................................................... 803 635 $311,768 63 263,055 74 $11,991 96 12,520 45 Average amount of each account January 1, 1919....................... Rate per cent, of dividends to depositors during the six months ending June 30, 1918.................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1918.............................................................. Total earnings o f the bank for the year 1918, after allowing for amortization of premiums and discounts......................... . Total expenses of the bank for the year 1918............................... Dividends paid to depositors for the year 1918........................... Net earnings for the year 1918 over expenses and dividends paid to depositors ........................................................................ 2,666 24.512 41 268 48 4 4 $34,413 37 6,227 89 24.512 41 3,673 07 134 R e p o r t o n S a v in g s B a n k s §0. THE KINGS COUNTY SAYINGS INSTITUTION, BROOKLYN [1% Broadway, corner Bedford avenue; Incorporated 1860] HUBERT G. TAYLOR. President. ALFRED HODGES, Vice-President. J. CARLISLE LOUDON, Vice-President. MARTIN MULLER, Cashier. GODFREY BAUER, Asst. Cashier. TRUSTEES ROBERT LIPTROTT, EDWARD McGARVEY, HUBERT G. TAYLOR. JACOB C. KLIXCK, AUGUSTUS P. DAY, WALTER MATHISON, W ILLIAM C. GARRICK, J. CARLISLE LOUDON, ALFRED HODGES. C. E. DONNELLON, W . WINTHROP TAYLOR, 8. A. COYKENDALL, CHAS. F. TUTTLE, FINANCIAL RESOURCES Bonds and mortgages........................................................................ 16.187,650 00 Stock and bond investments, viz.: Par O riginal Estim ated Stocks and bonds value cost market value United States ........................ $293,000 00 $293,000 00 $293,000 00 State o f C alifornia............... 25,000 00 23,500 00 23,500 00 sta te o f M aryland.................. 25,000 00 24,780 M 24,750 00 State o f Oklahoma.................. 25,000 00 25,385 25 24,750 00 Cities in other States........... 1,310,000 00 1,356,630 01 1,308,557 00 Cities in this State............... 1,704,400 00 1,775,854 36 1,649,219 20 Counties in this sta te........... 63,533 47 68,982 62 62,262 80 V illages in this State............ 131, M0 M 137,576 22 137,340 00 School districts in this State 77,000 00 78,249 62 76,564 00 Railroad m ortgage b o n d s.... 3,605,000 00 3,771,781 56 3,287,260 OO $7,258,933 47 $7,554,709 64 $6,387,193 00 6,887,193 00 Banking house and lot, book value $50,000; cost, $142,637; actual cash v a lu e ............................................................................ Other real estate, book value, $251,400.74; cost, $251,400.74; actual cash value ........................................................................... Cash on deposit in banks or trust companies........................... Cash on h an d ....................................................................................... Total of collectible interest................................................................ Amount of all other assets, viz.: Liberty Bonds for counter sale...................................... D eficiency judgm ents ...................................................... U. S. T h rift Stamps........................................................... 50,000 251,400 930,284 47,059 124,969 00 74 47 27 99 $73,500 00 2,003 28 400 00 75,903 28 $14,554,460 75 LIA B ILITIE S Amount due depositors, viz.: Principal ..............................................................................$13,323,658 41 Dividends credited or to be credited for the six months ending w ith December 31, 1918..................... 256,542 95 ----------------- $13,580,201 36 Other liabilities, viz.: Suspense.................v- .................................... 1,783 71 Surplus on market value.................................................................... 972,475 68 $14,554,460 75 Surplus on par value, $1,344,216.15. CASH TRANSACTIONS DURING THE YEAR 1918 RECEIPTS Cash on hand and in banks or trust companies January 1, 1918, 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 .................................................................................. $946,013 2,139,153 658,191 16,451 160,696 11 87 55 34 69 135 K in g s C o u n t y From redemption of stocks and bonds........................................... From real estate sold........................................................................ From all other sources, viz.: Liberty Bonds, counter sales, and interest on sam e.. Fees fo r tax searches; Deficiency judgm ent; Collec tion fees ........................................................................... $220,600 00 19,501 25 $198,384 22 172 75 ___________ 196,556 97 $4,368,164 78 PAYMENTS To depositors, including dividends paid to them....................... $2,921,779 62 For loans on bonds and mortgages*.............................................. 14,000 00 For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $110,000).................................... 110,000 00 For current expenses of the bank, viz.: For salaries ....................................................................... For ta x es: Banking house, $1,190.65; surplus, $8,081.12 .............................................................................. For expenses, except taxes, o f banking house: Repairs ......................................................................... Insurance ........................................................... F or expenses o f other real estate v iz .: Repairs ........................................................................... Insurance ...................................................................... Taxes .............................................................................. Other .............................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. $34,455 00 9,271 77 246 79 182 93 8,357 1,113 5,728 2,492 61 74 01 31 4,382 18 ------------------------------------ 66,230 34 For real estate acquired by foreclosure, or in settlement of debts duethe bank........................................................................... 25,500 00 Other payments, viz.: Insurance premiums advanced........................................ Liberty Bonds purchased for counter sale.................... U. S. W ar Savings Stamps............................................. Expenses in foreclosure a ction s; taxes paid on foreclosed properties ..................................................... $93 32 250,000 00 400 00 2,817 76 ----------------Cash on hand and in banks or trust companies December 31, 1918, aftertransactions of the day......................................... 253,311 08 977,343 74 $4,368,164 78 STATISTICAL INFORMATION Number of open accounts January 1, 1919................................. 14,190 Number of accounts opened or reopened during the year.......... 1,200 Number of accounts closed during the year ........................... 1,329 Amount deposited during the year, not including dividends credited for that period.................................................................. $2,139,153 87 Amount Withdrawn during the year............................................ 2,921,779 62 Amount of dividends credited and paid for the year, viz.: July 1, 1918......................................................................... January 1, 1919.................................................................... $261,536 59 256,542 95 ----------------Average amount of each account January 1, 1919................... Rate per Gent, of dividends to depositors during the six months ending June 30, 1918.................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1918.............................................................. Total earnings of the bank for the year 1918, after allowing for amortization of premiums and discounts........................... Total expenses of the bank for the year 1918........................... Dividends paid to depositors for the year 1918......................... Net earnings for the year 1918 over expenses and dividends paid to depositors.......................................................................... 518,079 54 957 02 4 4 $663,155 81 66,230 34 518,079 54 78,845 93 13 0 R e p o r t o ir S a v in g s B a n k s 81. LINCOLN SAYINGS BANK OF BROOKLYN, BROOKLYN [531 B roadw ay; incorporated 1866 as German Savings Bank o f Brooklyn! CHARLES FROEB, President. JOSEPH HUBER, Vice-President. JOHN M. OTTO, Vice-President. HENRY STUMFF, Secretary. TRUSTIES THEO. ENGELHABDT, JOHN M. OTTO, GEORGE B. GOODWIN, HERMAN F.SCHARMANN, J. H. SCHUMANN, HENRY C. DECK, HENRY 8TUMPF, CHARLES VOGT, FRED. GRETSCH, SSAW Is YROEB. JOSEPH HUBER, LOUIS ZOELLNER, JOHN PROBST, FREDERICK WEISBROD, HARRY M. EDWARDS. FINANCIAL RESOURCES Bonds and m ortgages........................... Stoek and bond investments, viz.: Par Stocks and bonds value United States .........................32,215.760 00 State o f Louisiana ............... 12,000 00 23,000 00 State o f M ississippi............. State o f M ontana................. 10,000 00 State o f Oregon.................... 10,000 00 State o f South C a rolin a .... 26,00000 State o f Tennessee ............... 1,000 00 Cities in other States.......... 2,774,408 00 Cities in this State............... 2,337,277 18 114,400 00 Counties In this State........ Towns in this State............... 59,500 00 Villages in this State........... 24,000 00 R ailroad m ortgage b o n d s.... 2,743,848 48 .$13,371,675 00 Original Estimated cost market value 32,206,268 60 32,215,750 00 12,120 00 12,743 33 23,470 00 24,180 11 10,000 00 10,600.00 9,748 68 9,720 00 25,000 00 34,968 75 1,000 00 1,010 00 2,905,487 57 2,761,681 58 2,468,629 67 2,268,016 54 120,378 69 111,744 20 62,137 63 60,640 00 23,803 03 23,800 00 2,878,916 95 2,703,600 69 110,350,183 66 310,747,263 01 310,227,462 01 10,227,462 01 5,690 00 Promissory n o te s........................... 5,. $65,000;. cost, $120,Banking house and lot, bode i 714.59; 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 accrued........................... Il5 l8 3 i§ § 65,000 2,365,000 111,054 204,452 412 $26,350,746 LIA B ILITIE S ============= Amount due depositors, viz.; Principal .............................................................................. 323,925,244 63 Dividends credited or to he credited for the six months ending w ith December 31, 1918........................ 432,042 16 Surplus on par value, $2,070,158.84. I! £ I SS3 ------------------$24,357,286 Other liabilities, viz.: Liberty Bond deposits............................... 46,022 Surplus on market value................................................................ 1,947,437 $26,350,746 ============ CASH TRANSACTIONS DURING THE YEAR 1918 RECEIPTS Cash on hand and in banks or trust companies January 1, 1918, before transactions of the day....................................... $2,051,298 From depositors, not including dividends credited................... 7,395,271 Freon interest on loans, deposits and investments................... 1,163,142 From rents from bankinghouse....................................................... 3,525 From rents from other real estate................................................ 41 From mortgages ................................................................................. 238,600 From redemption of stocks and bonds............................................ 2,057,757 From stocks and bondssold(total par value, $887,160.12).. 893,195 61 From loans paid ................................................................................. 17,948 86 From real estate s o ld ......................................... 7,490 03 From all other sources, viz.: Liberty Bond subscriptions, Fourth Loan.................. II. S. T h rift Stamps sold........................ ........................ 3128,722 20 17,284 50 K in g s 137 C oun ty Insurance premiums advanced, refunded; fees for tax searches, collections, and satisfaction pieces.. Sale o f old m aterial; profit, sale o f bonds; sundry rebates .............................................................................. $275 58 273 06 $146,555 34 $14,574,826 47 PAYMENTS = = = = = = To depositors, including dividends paid to them........ ..............$6,607,653 48 For loans on bonds and mortgages.................................................. 231,600 00 23,638 86 For loans on stocks and bondse and other securities............ . For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $5,046,755.18)............................... 5,036,165 43 For interest (other than dividend payments to depositors). . 16,417 66 For current expenses of the bank, via.: For sa la ries......................................................................... F or ta x es: Banking house, $1,692.70; surplus, $15,266.00 For expenses, except taxes, o f banking house: Repairs ........................................................................... Insurance ...................................................................... For expenses o f other real estate, v iz .: Repairs ........................................................................... Taxes .............................................................................. Other .............................................................................. F or other expenses, not including expenses o f other real estate nor other expenses o f banking house.. $46,247 95 16,968 70 812 11 109 76 885 00 299 60 11 00 10,3% 70 ------------------------------------ 75,712 82 For real estate acquired by foreclosure, or in settlement of debts duethe bank........................................................................... 7,400 77 Other payments, viz.: Insurance premiums advanced........................................ Payment o f forged draft................................................. Liberty Bonds, Fourth Loan purchased for customers U. S. T h rift Stamps........................................................ $48 60 150 00 82,700 00 17,284 50 ----------------Cash on hand and in, banks or trust companies December 31, 1918, aftertransactions of the day............................................ 100,183 10 2,476,054 35 $14,574,826 47 STATISTICAL INFORMATION = = = = = = Number of open accounts January 1, 1919................................... 45,753 Number of accounts opened or reopened during the y ear.. . . 5,746 Number of accounts closed during the year............................... 6,339 Amount deposited during the year, not including dividends credited for that period................................................................ $7,395,271 95 Amount withdrawn during the year.............................................. 6,607,653 48 Amount of dividends credited and paid for the year, viz.: July 1, 1918........................................................................... January 1, 1919.................................................................... $424,204 64 432,042 16 856,246 80 532 35 Average amount of each account January 1, 1919....................... 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.............................................................................. 7 $26,095 77 Total amount of such accounts........................................................ Rate per cent, of dividends to depositors during the six months ending June 30, 1918.................................................................... 4 Rate per cent, of dividends to depositors during the six months ending December 31, 1918............................................................ 4 Total earnings of the bank for the year 1918, after allowing for amortization of premiums and discounts........................... $1,138,144 38 Total expenses of the bank for the year 1918............................... 75,712 82 Dividends paid to depositors for the year 1918........................... 856,246 80 Net earnings for the year 1918 over expenses and dividends paid to depositors............................................................................. 206,184 76 138 R eport on S a v in g s B anks 52. PRUDENTIAL SAYINGS BANK, BROOKLYN [Broadway and Vernon avenue; incorporated 1908] DIETRICH W. KAATZE. President. JOHN AUER, S it. Vice-President. JOHN H. SCANNELL, Vice-President. DIETRICH W. KAATZE, JOHN AUER. Sr.. JOHN H . SCAN N iLL, HERBERT A. O'BRIEN, FRANCIS B. MULLIN, HOLLIS H. SEARLES, LEW IS C. GEHRING. Treasurer. HOLLIS H. SEARLES, Cashier. LOUIS P . BUCK, Assistant Cashier. TRUSTEES CHARLES WISSMAN, CHAS. W. GANS. B. P. VAN BENTHUYSEN, WM. J. ELLIOTT, FREDERICK PAPE, JOS. VOLLKOMMEB, MANASSEH M ILLER. LOUIS P. BUCK, AUGUST HA8ENFLUG. GEORGE P. BUSCH, CHAS. VOLLMER, LEW IS C. GEHRING. FINANCIAL RESOURCES Bonds and m ortgages....................... Stock and bond investments, viz.: Stock* and bonds United S ta te s.......................... State o f Oklahoma Cities in other States.......... Cities in this State............. Counties in this State.......... Towns in this State.......... Villages in this State.......... Railroad m ortgage b on d s... Par value $598,872 80 10,800 00 156,000 00 44,304 88 1,000 00 77,050 00 127,479 20 431,500 00 $1,447,006 88 $2,141,900 00 Estim ated O riginal market value cost $590,457 20 $598,872 80 10,883 41 10,692 00 163,968 16 160,069 50 44,155 69 44,198 01 1,000 00 1,010 00 80,104 27 79,278 75 127,9% 44 128,702 79 421,490 00 436,857 72 $1,455,411 79 $1,444,313 85 Promissory notes ................................................................................. Other real estate, book value, $24,038.83; cost, $24,036.83; actual cash value ...... .................................................................. Cash on deposit in banks or trust companies........................... Cash on h an d........................................................................................ Total of collectible interest.............................................................. Amount of all other assets, viz.: Interest accrued on real estate contracts.................. Insurance premiums advanced........................................ U. S. T h rift Stamps........................................................... .1,444,313 85 4,750 00 24,038 356,555 50,970 31,235 83 09 69 15 $800 00 48 25 127 20 975 45 $4,054,739 06 LIAB ILITIES Amount due depositors, viz.: Principal .............................................................................. $3,846,715 71 Dividends credited or to be credited for the six months ending w ith December 31, 1918........................ 66,948 37 ----------------- $3,913,664 08 Other liabilities, viz.: Deposits on contracts, sale of real estate 1,130 22 Surplus on market value ................................................................ 139,944 76 $4,054,739 06 Surplus on par value, $142,637.79 CASH TRANSACTIONS DURING THE YEAR 1918 RECEIPTS Cash on hand and in banks or trust companies January 1, 1918, 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 m ortgages................................................................................... From redemption of stocks and bonds.......................................... From stocks and bonds sold (total par value, $445,310.64).. From loans paid ............................................................................... From real estate sold......................................................................... $290,809 1,724,867 194,276 1,348 71,050 102,982 449,455 1,700 56,881 43 14 83 05 00 00 46 00 40 K in g s 139 C ounty From all other sources, viz.: Insurance premiums advanced, refunded..................... Profit on real estate and bonds sold........................... From receiver o f foreclosed real estate..................... Deposits on contract real estate sold........................... U. S. War Savings and T h rift Stamps sold.................. ISO 80 1,721 35 45 74 1,415 46 10,263 80 ----------------- $13,477 15 $2,906,847 46 PAYMENTS To depositors, including dividends paid to them......................... $1,289,486 68 107,650 00 For loans on bonds and mortgages................................................ 6,450 00 For loans on stocks and bonds and other securities................... For stocks and bonds purchased, including premiums, commis 998,502 21 sions, etc. (total par value, $1,006,198.56)............................. 6,072 86 For interest (other than dividend payments to depositors). . For current expenses of the bank, viz.: For salaries ....................................................................... For taxes : Surplus............................................................. For expenses, except taxes, o f banking house: Repairs ........................................................................... Insurance .................................................................... Other ............................................................................ For rent o f banking room s.............................................. For expenses o f other real estate, v iz .: Repairs ........................................................................... Taxes.............................................................................. Other .............................................................................. For other expenses, not ineluding expenses o f other real estate nor other expenses o f banking house— 110,827 81 778 45 145 20 141 77 819 12 7, M0 00 646 52 175 13 50 00 1,765 62 22,549 62 For real estate acquired by foreclosure, or in settlement of debts due the bank.......................................................................... Other payments, viz.: Taxes on real estate sold ; real estate contract closed out .................................................................................... U. S. W ar Savings and1 T h rift Stamps........................ Insurance premiums advanced........................................ 1735 24 13,108 72 79 05 Cash on hand and in banks or trust companies December 31, 1918, after transactions of the day............................................ 54,687 30 13,923 01 407,525 78 $2,906,847 46 STATISTICAL INFORMATION Number of open accounts January 1, 1919............................... 10,058 Number of accounts opened or reopened during the year----2,144 Number of accounts closed during the year............................... 1,573 Amount deposited during the year, not including dividends credited for that period................................................................ $1,724,867 14 Amount withdrawn during the year............................................ 1,289,486 68 Amount of dividends credited and paid for the year, viz.: July 1,1918............................................................................ January 1, 1919.................................................................... |63,405 69 66,948 37 ----------------Average amount of each account January 1, 1919................... Rate per cent, of dividends to depositors during the six months ending June 30, 1918.................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1918............................................................ Total earnings of the bank for the year 1918, after allowing for amortization of premiums and discounts ..................... Total expenses of the bank for the year 1918 ............................... Dividends paid to depositors for the year 1918........................... Net earnings for the year 1918 over expenses and dividends paid to depositors ................................................................ \ . . . 130,354 06 389 11 4 4 $190,376 60 22,639 43 130,354 06 37,383 11 140 R eport oh S a v in g s B anks 53. THE SOUTH BROOKLYN SAYINGS INSTITUTION, BROOKLYN [160-162 A tlantic avenue; incorporated 1850] W ILLIAM J. COOMBS, President. CLARENCE 8. DUNNING, Treasurer. WALTER M. AIRMAN, Vice-President. JACOB STEINER, Com ptroller. ALBRO J. NEWTON, Vice-President. BERNARD A. BURGER, Secretary. JOHN J. P1ERREPONT, Vice-President TRUSTEES W ALTER M. AIRMAN, PERCY S. MALLETT, CHARLES A. BOODY, EDGAR MCDONALD, W ILLIAM J. COOMBS, ALBRO J. NEWTON, ISAAC H. CARY, W ILLIAM L NEWTON, CHARLES B. DENNY, JOHN J. PIERREPONT, CLARENCE S. DUNNING, BOBT. L PIERREPONT, J. MORTON HALSTEAD, JACOB STEINER, DAVID H. IANM AN, JOSEPH H. SUTPHIN, G. POSTER SM ITH, HENRY N. W HITNEY. JOHN T. UNDERWOOD, D. IRVING MEAD, ARNOLD W. SHERMAN, BERNARD A . BURGER, JOS1AB O. LOW. HIRAM B. STEELE, JOSEPH W. GREENE, 3*. WM. H. CARY. FINANCIAL RESOURCES Bonds and mortgages....................... ................................................. $10,786,575 00 Stock and bond investments, viz.: Par Stocks and bonds value United States .......................... $4,251,460 00 State o f New York.................. 400,000 00 sta te o f M aryland.................. 75,000 00 21,000 00 State-of M issouri..................... State o f Tennessee.................. 200,000 CO Cities in other States........... 2,744,420 00 Cities in this State............... 4,800,200 00 Counties In this State........ 305,500 00 Towns in this State............... 13,000 00 Villages in this State............ 116,000 00 School districts in this State 29,000 00 R ailroad m ortgage bonds.... 4,596,000 00 O riginal Estim ated cost market value $4,251,450 00 $4,251,450 00 415,662 50 412,000 00 76, are 00 74,250 00 20,410 11 20,580 00 199,625 76 198,800 00 2,839,590 01 2,730,935 00 4,957,735 77 4,711,020 75 319,982 47 302,192 50 13,682 60 12,870 00 120,292 64 116,860 00 30,357 40 29,6% 00 4,814,361 69 3,956,210 00 $17,551,570 00 $18,058,425 85 $16,816,753 26 10,816,753 25 Promissory notes ...............,................................................................ Banking house and lot, book value, $75,000; cost, $198,000; actual cash value........ i .................................................................. Other real estate, book value, $157,250; cost, $180,058.59; actual cash v a lu e............................................................................. Cash on deposit in banksor trust companies............................ Cash on hand .......................... Total of collectible interest.............................................................. 6,000 00 75,000 00 157,250. 00 1,806,271 84 78,870 00 343,909 25 $30,070,629 34 LIAB ILITIES .............------------ Amount due depositors, viz.: Principal ........... - ................................................................ $26,225,319 22 Dividends credited or to be credited for the six months ending w ith December 31, 1918..................... 492,601 37 ----------------- $26,717,920 59 Other liabilities, viz.: Liberty Bond deposits........................................................ D eposit on contract, sale o f real estate........................ $162,267 11 600 00 162,767 11 3,189,941 64 Surplus on market value $30,070,629 34 Surplus on par value $3,924,758.39. ..... .. CASH TRANSACTIONS DURING THE YEAR 1918 RECEIPTS Cash on hand and in banks or trust companies January 1, 1918, before transactions of the day............................................$3,138,210 26 From depositors, not including dividends credited..................... 6,135,097 22 From interest on loans, deposits and investments.................... 1,273,166 66 From rents from banking house...................................................... 915 00 From rents from other real estate................................................ 21,288 61 From m ortgages................................................................................... 418,760 00 From redemption of stocks and bonds............................................ 3,963,150 00 From stocks and bonds sold (total par value, $1,583,300).. 1,583,300 00 K in g s 141 C oun ty From loans paid ................................................................................. From real estate s o ld ....................................................................... From all other sources, viz.: Liberty Bond installm ents from subscribers.............. Suspense account, adjustm ent o f cash over and snort ................................................................................. Profit sale o f “ other real estate ” ................................. Collected on deficiency judgm ent..................................... D eposit on land con tract................................................. $1,000 00 44,450 00 $385,691 36 270 00 550 00 1,323 35 500 00 ------------------------------------ 388,334 70 $16,907,672 45 PAYMENTS — ... :.:.... = To depositors, including dividends paid to them......................... $6,277,577 03 67,250 00 For loans on bonds and mortgages.................................................. 7,000 00 For loans on stocks and bonds and other securities................... For stocks and bonds purchased, including premiums, commis 8,350,703 31 sions, etc. (total par value, $8,352,500)....................................... 5,089 84 For interest (other than dividend payments to depositors) . . For current expenses of the bank, viz. : For salaries ....................................................................... For ta x es: Banking house, $1,825.85; surplus, $27,742.40; on m ortgages, $240.00...................................... For expenses, except tax®!, o f banking house: Repairs ........................................................................... Other ............................................................................ For expenses o f other real estate, v iz .: Repairs ........................................................................... Insurance ...................................................................... Taxes ............................................................................ Other ............................................................................ F or other expenses, not including expenses o f other real ©state nor otherexpenses o f banking house.. $63,075 82 26,808 25 663 34 4,854 26 5,962 424 8,427 3,705 45 38 14 89 25,889 39 139,810 92 For real estate acquired by foreclosure, or. in settlement of debts due the bank........................................................................ Other payments, viz.: Liberty Bond installm ents payments com pleted.... Suspense account, adjustm ent cash over and sh ort.. Deposit on land contract transferred to “ other real estate ” accou n t; adjustm ent errors in depositor’s a cco u n t............. ................................................................ 9,042 29 $223,424 24 481 00 151 98 224,057 22 Cash on hand and in banks or trust companies December 31, 1918, after transactions of the day........................................... 1,885,141 84 $16,967,072 45 STATISTICAL INFORMATION = = = = = Number of open accounts January 1, 1919................................... 37,405 Number of accounts opened or reopened during the year----5,587 Number of accounts closed during the year............................... 7,051 Amount 'deposited during the year, not including dividends credited for that period................................................................ $6,135,097 22 Amount withdrawn during the year.............................................. 6,277,577 03 Amount of dividends credited and paid for the year, viz.: July 1. 1918.......................................................................... January 1, 1919...................................................................... $488,081 04 492,601 37 ----------------980,682 Average amount of each account January 1, 1919....................... 714 Rate per cent, of dividends to depositors during the six months ending June 30, 1918...................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1918.......................: ..................................... Total earnings of the bank for the year 1918, after allowing for amortization of premiums and discounts..............................$1,299,718 Total expenses of the bank for the year 1918............................... 177,503 Dividends paid to depositors for the year 1918........................... 980,682 Net earnings for the year 1918 over expenses and dividends paid to depositors .......................................................................... 141,532 41 29 4 4 75 76 41 58 142 R 04. eport on S a v in g s B anks SUMNER SAYINGS BANK, BROOKLYN [12 Graham avenue; Incorporated 1906] ARTHUR S. SOMERS. President. NATHAN S. JONAS. Vice-President. JOHN D. H_ SCHULZ, V ice-President WALLACE L. CONNER. Secretary. TRUSTEES NATHAN S. JONAS, RALPH JONAS, EDWARD LAZ AN SKY, BEN. LEVY. CHAS. LYON, MATTHEW T. MEAGHER, S. B. KRAUS. CHARLES A. GORMAN, W ALTER GRETRCH. JOHN D. H . SCHULZ. EUGENE T. TROTTER, E. S. POWELL. JR., LOUIS CHARLES WILLS. GEORGE W. BAKER. HENRY NEWMAN, BENJ. a ROTH, ARTHUR 8. SOMERS, VICTOR B. WOLE, MOSES BERNSTEIN, CARL BAUER, FINANCIAL RESOURCES $609,875 00 Bonds and mortgages stocks and bonds en ts, v iz .: Par value State o f New Y ork........... . Cities In this State........ R ailroad m ortgage bonds..... 5,009 00 118,000 00 345,000 00 $786,417 68 Estimated Original cost market value $317,960 68 $318,417 68 6,050 00 5,050 00 114,986 87 114, M0 00 290,700 00 316,531 25 $754,528 80 $728,377 68 728,377 83,508 22,146 11,030 Cash on deposit in banks or trust companies Cash on h a n d ...................................................... Total of collectible interest............................. 68 33 21 74 $1,455,927 90 LIAB ILITIES Amount due depositors, viz.: Principal .............................................................................. $1,406,241 03 Dividends credited or to be credited for the six months ending w ith December 31, 1918........................ 23,614 61 ----------------- $1,429,855 54 Other liabilities, viz.: Expenses incurred, but unpaid, rent----025 00 Surplus on market Value.................................................................. 25,447 42 $1,455,927 96 Surplus on par value, $83,487.42. CASH TRANSACTIONS DURING THE YEAR 1918 RECEIPTS Cash on hand and in banks or trust companies January 1, 1918, 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.......................................... Fran stocks and bonds sold (totalpar value, $153,800)............ From all other sources, viz.: Liberty Bond payments by subscribers........................ P rofit bond subscription cancellations; tellers’ cash o v e r; error and refund.................................................. Insurance premiums advanced, refunded..................... $114,812 773,866 62, 094 285 26,125 130,000 153,800 08 72 98 00 00 00 00 $18,603 00 890 47 171 24 ------------------------------------ 19,664 71 $1,280,648 49 K in g s 1 43 C oun ty PAYMENTS To depositors, including dividends paid to them....................... For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $528,017.68)................................. For interest (other than dividend payments to depositors). . For current expenses of the bank, viz.: For salaries ....................................................................... For expenses, except taxes, o f banking house: Repairs ......................................................................... 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.. $607,873 29 549,261 93 1,557 21 $5,132 31 310 32 16 20 1,876 00 3,680 00 11,013 83 Other payments, viz.: Liberty Bonds purchased for subscribers..................... Insurance premiums advanced........................................ Tellers’ cash sh ort; refunds bond subscription can cellations ........................................................................ $4,450 00 199 84 647 85 5,197 69 Gash on hand and in banks or trust companies December 31, 1918, after transactions of the day.............................................. 105,744 54 $1,280,648 49 STATISTICAL INFORMATION Number of open accounts January 1, 1919................................... 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, 1918........................................................................... January 1, 1919.................................................................... $773,866 72 607,873 29 $22,355 06 23,614 51 Average amount of each account January 1, 1919................... 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, 1918...................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1918............................................................ Total earnings of the bank for the year 1918, after allowing for amortization of premiums and discounts........................... Total expenses of the hank for the year 1918............................... Dividends paid to depositors for the year 1918........................... Net earnings for the year 1918 over expenses and dividends paid to depositors ........................................................................... 5,192 3,115 2,767 45,969 51 275 39 8 $26,900 65 4 4 $63,572 65 11,638 83 45,969 51 5,964 31 144 R eport on S a v in g s B anks 89. THE WILLIAMSBURGH SAVINGS BANK, BROOKLYN [175 Broadway • Incorporated 1861] ANDREW D. BAIRD, President. SAMUEL M. MEEKER, Vice-President. JOHN V. JEW ELL, Vice-President. VICTOR A . LERSNBR, Com ptroller. EDWARD T . H O RW ILL Secretary. CHARLES J. P A S ilE L D , Casbler. HENRY B. KINSEY, A sst. Com ptroller. TRUSTEES ANDREW. D. BAIRD, SAMUEL M. MEEKER, JAMES H . POST, JAS. F. BENDERNAGEL, WINKHROP M. TUTTLE, FREDERICK D. MACKAY PAUL 1 . BONNER, EDWARD E. PEARCE, ALBERT S. RICHEY, RALPH H. TIEBOUT, FRANCIS W. YOUNG. JOHN V . JEW ELL, EDWARD T. HORWILL* ALFRED ROMER, WELDING RING. HERBERT F. GUNNISON, FINANCIAL RESOURCES .$46,743,975 00 Bonds and mortgages.................................................... Stock and bond investments, viz.: Par Stocks and bonds value United States ........................ 18,925,750 00 State o f New York....... 1,666,760 00 State o f A rizona............. 100,000 00 State o f M assachusetts........ 429,000 00 State o f New M exico............ 219,000 00 State o f Oklahoma................ ; 46,200 00 State o f Tennessee............... 635,000 00 State o f Utah........................ 100,000 00 Cities in other States........ 12,517,000 00 Cities in this State............... 13,428,266 59 Counties in this State.......... 277,075 00 Towns in this State....... 253,260 00 Villages in this State............ 123,000 00 School districts in this State 41,500 00 Railroad m ortgage bonds- 4,638,968 00 Estim ated Original market value cost *$,926,75000 $8,925,750 00 1,718,47764 1,668,826 25 102,000 00 . 101,089 00 390,390 00 450,30346 231,030 00 226,75979 46,836 99 45,738 00 657,400 00 667,96796 103,75000 102,000 00 13,270,22062 12,427,831 00 14,635,29640 13,382,401 42 281,280 38 286,57607 262,65173 259,332 50 124,270 00 126,54769 43,35898 42,122 60 4,368,972 48 4,942,118 02 . $43,400,759 69 $45,807,703 34 $43,009,344 53 Promissory n o te s................................................................................. Banking house and lot, book value, $250,000; cost, $689,000; actual cash value............................................................................. Other real estate, book value, $149,562.66; cost, $155,880.35; actual cash value............................................................................. Cash on deposit in banks or trust companies............................. Cash on hand................................. ....................................................... Total of collectible interest................................................................ Amount of all other assets, viz.: Insurance on bonds and m ortgages. Canaseraga Creek improvement........ 43,009,344 53 6,033 00 250,000 00 149,562 3,702,811 513,035 791,509 66 98 63 64 $1,953 65 27,964 47 $95,196,190 56 LIABILITIES Amount due depositors, viz.: Principal .............................................................................. $81,181,465 72 Dividends credited or to be credited fo r the six months ending w ith December 31, 1918....................... 1,521,557 66 --- ---------------$82,703,023 38 Other liabilities, viz.: Liberty Bond deposits................................ 392,275 00 Surplus on market value ............................. ; ................................. 12,100,892 18 $95,196,190 56 Surplus on par value, $12,492,307.24. ■==zz=z=zzzz^:zzz CASH TRANSACTIONS BURING THE YEAR 1918 RECEIPTS Cash on hand and in banks or trust companies January 1, 1918, before transactions of the day........................................$5,928,878 16 From depositors, not including dividends credited................... 16,994,192 46 From interest on loans, deposits and investments................... 4,220,681 50 K From From From From From From From in g s C 145 oun ty $14,112 1,085,897 3,545,208 2,057,706 5,500 30,240 rents from other real estate................................................. m ortgages.................................................................................. redemption of stocks and bonds........................................ stocks and1 bonds sold (total1 par value, $1,946,300)... loans paid ................................................................................ real estate sold........................... ..— ...................................... all other sources, viz.: Liberty Bond payments by subscribers........................ $2,729,759 00 Insurance premiums advanced, refunded..................... 2,721 55 Inspection o f mortgage loans......................................... 268 oo 69 00 33 25 00 80 2,732,748 55 $36,624,165 74 PAYMENTS $17, 969,332 86 To depositors, including dividends paid to them----For loans on bonds and mortgages............................... 1 , 032,247 00 11,533 00 For loans on stocks and bonds and other securities For stocks and bonds purchased, including premiums, commis 12, 951,500 00 sions, etc. (total par value, $12,961,500)............................. 25,188 20 For interest (other than dividend payments to depositors) . For current expenses of the bank, viz.: For salaries ....................................................................... For taxes: Banking house, $9,349.73; surplus, $98,515.07 ..................................................................................... For expenses, except taxes, o f banking house: Repairs ........................................................................... Insurance .................................................................... Other .............................................................................. For expenses o f other real estate, v iz .: Repairs ........................................................................... Insurance .................................................................... Taxes .............................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. $148,518 16 107,894 80 3, 694 86 80 70 3,807 97 27,105 98 959 67 6,925 78 72,739 04 369,726 96 For real estate acquired by foreclosure, or in settlement of debts due the bank........................................................................ Other payments, viz.: Liberty Bond payments for subscribers........................ $22,023 00 Cash short ........................................................................... 517 55 Insurance premiums advanced.......................................... 2, 23,658 82 74 25,131 29 Cash on hand and in banks or trust companies December 31, 1918, after transactions of the day........................................... 4 ,215,847 61 $36,624,165 74 STATISTICAL INFORMATION Number of open accounts January 1, 1919................................. 112,998 Number of accounts opened or reopened during the y ear... 12,820 Number of accounts closed during the y „ ear.. 12,335 Amount deposited during the year, not including dividends credited for that period................................................................ $16,994,192 46 Amount withdrawn during the year............................................ 17,969,332 86 Amount of dividends credited and paid for the year, viz.: July 1, 1918........................................................................... $1,519,968 00 January 1, 1919................................................................... 1,521,567 66 3,041,525 66 Average amount of each account January 1, 1919....................... 731 89 Rate per cent, of dividends to depositors during the six months ending June 30, 1918.................................................................... 4 Rate per cent, of dividends to depositors during the six months ending December 31, 1918.............................................................. 4 Total earnings of the bank for the year 1918, after allowing for amortization of premiums and discounts........................... $4,130,038 95 Total' expenses of the bank for the year 1918........................... 450,847 48 Dividends paid to depositors for the year 1918........................... 3,041,525 66 Net earnings for the year 1918 over expenses and dividends paid to depositors ......................... ............................................... 637,665 81 MADISON COUNTY 88. ONEIDA SAVINGS BANK, ONEIDA [103-105 Main street; incorporated 1866] EUGENE E. COON, President HARRISON W. COLEY, V ice-President IRA. I* SNELL. V ice-President H. L. BALDW IN, Treasurer. TRUSTEES EUGENE E. COON, IRA L. SNELL. THEQ. P. HAND, HOLTON V. NOYES, E. LELAKD HUNT, HARRISON W. COLEY, JOHN W. GREGG. GEO. A. MARCBLLUS, ANTHONY B. MUNBOE, HOWARD L. BALDW IN, RHODY TOHER, FREDERICK A . GARVIN, WALCOTT D. BARTLETT, W ILLIAM M. BALLARD. FINANCIAL 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........... School districts in this State Railroad mortgage bonds___ Par value *254,350 00 225,000 00 378,467 60 132,000 00 3,500 00 126,800 00 71,125 00 432,000 00 *1,621,242 60 ....................................... $2,331,146 71 O riginal Estim ated cost market value *254,350 00 *254,36000 229,306 49 220,64000 388,316 48 368,39046 134,344 80 129,83000 3,800 00 3,32500 129,297 68 124,65400 74,186 97 71,83000 440,689 25 351,02000 *1,663,991 63 *1,524,039 46 1,524,039 46 Banking bouse and lot, book value, $28,000; cost, $54,351.61; actual cash value............................................................................. Other real estate, bode value, $24,502.90; eost, $26,322.04; actual cash value ..................................... , .................................. Cash on deposit in banks or trust companies............................. Cash on band ....................................................................................... Total of collectible interest.............................................................. Amount of all other assets, viz.: Land contracts .................................................................. Insurance premiums and taxes advanced..................... Liberty Bonds ................................................................ 28,000 00 24.592 198,315 56,641 81,363 90 12 35 52 *12,381 44 263 14 28,444 00 41,088 5S $4,285,187 64 LIAB ILITIES ----- --- ------ -------- Amount due depositors, viz.: Principal .............................................................................. *3,863,899 52 Dividends credited or to be credited for the six months ending with December 31, 1918........................ 74,425 32 ----------------- $3,938,324 84 Other liabilities, viz.: Mortgage suspense................................... 277 46 Surplus on market value................................................................ 346,585 34 $ 4 ,2 8 5 ,1&7 64 Surplus on par value, $443,788.48. CASH TRANSACTIONS DURING THE YEAR 1918 RECEIPTS Cash on hand and in banks or trust companies January 1, 1018, 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......................................................................... [146] $293,597 962,066 104,769 616 2,112 152,471 88,970 4,047 61 96 93 90 75 55 95 31 147 M adison C ounty F rom a ll oth er sources, v iz .: Liberty Bond payments by subscribers........................ M ortgage suspense account........................................... Payments received on land contracts........................... Insurance premiums and taxes advanced, refunded Suspense; profit and loss................................................. $241,960 62 6,319 79 1,814 06 633 97 1,371 51 ----------------- $251,089 95 $1,951,543 91 PAYMENTS To depositors, including dividends paid to them........................... $1,170,937 62. For loans on bonds and mortgages................................................ 70,971 54 For stocks and bonds purchased, including premiums, commis 190,900 00 sions, etc. (total parvalue,$190,900)......................................... For interest (other thandividendpayments to depositors). . 425 10 For current expenses of the bank, viz.: For salaries ........................................................................ For taxes: Banking house, $967.32;surplus, $3,092.04. For expenses, except taxes, of banking h ouse: Repairs ........................................................................... Insurance ...................................................................... Other .............................................................................. For expenses o f other real estate, v iz .: Repairs ........................................................................... Insurance ..................................................................... Taxes .............................................................................. Other .............................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking h ouse.. $8,132 00 4,05936 826 31 198 35 1,453 13 1,639 79 162 25 854 79 59 02 2,113 18 ------------------------------------ 19,498 18 For real estate acquired by foreclosure, or in settlement of debts due the bank....................................................................... 2,496 31 Other payments, viz.: Liberty Bond accounts.................................................... Mortgage suspense account.............................................. Land contracts.................................................................... Insurance premiums and taxes advanced................... Suspense; profit and loss................................................. $228,047 39 6,266 04 5,300 00 604 76 1,140 51 --------------- _ Cash on hand and in banks or trust companies December 31, 1918, after transactions of the day............................................ 241,358 69 254,956 47 $1,951,543 91 STATISTICAL INFORMATION Number of open accounts January 1, 1919................................... 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.: 9,674 1,467 1,486 $962,066 96 1,170,937 62 July 11918.............................................................................. $75,842 04 January 1, 1919.................................................................... 74,426 32 Credited at other periods...................................................... 1,18791 ----------------Average amount of each account January 1, 1919 ..................... Rate per cent, of dividends to depositors during the six months ending June 30, 1918 .................................................................. Rate per cent, of dividends to depositors during the six months ending December 31, 1918............................................................ Total earnings of the bank for the year 1918, after allowing for amortization of premiums and discounts........................... Total expenses of the bank for the year 1918............................... Dividends paid to depositors for the year 1918........................... Net earnings for the year 1918 over expenses and dividends paid to depositors............................................................................. 151,455 27 407 10 4 4 $206,602 41 19,498 18 151,455 27 35,648 96 MONROE COUNTY 57. THE EAST SIDE SAYINGS BANK OF ROCHESTER, ROCHESTER [233 Main street, E a st; incorporated 1869] W. HENRY MATHEWS, President, W ILLIAM BAUSCH, Vice-President. ALEX. B. LAMBERTON. ViCfrPres. AUSTIN C. JACKSON, Treasurer. TRUSTEES CASSIUS C. DAVY, W. HENRY MATHEWS. ALEX. B. LAMBERTON, AUSTIN C. JACKSON, W ILLIAM BAUSCH. FRANK A. BROWNELL, CHARLES A. GREEN, W ILLIAM H. DUNN, V . F . WHITMORE, JOHN H. ENGERT. CHA8. H. OCUMPAUOn, FRED’ K A. SHERWOOD. FINANCIAL RESOURCES Bonds and mortgages ........................... Stock and bond investments, viz.: ......................................... $10,265,998 00 Par Stocks and tends value United States ........................ $1,817,560 19 D istrict o f Colum bia,.......... 100,000 00 State o f M assachusetts........ 150,000 00 State o f W yoming.................. 5,000 00 100,000 00 State o f A la b a m a ............... State o f M aryland.................. 200,000 00 Cities in other States........... 102,000 00 Cities in this State.................. 2,509,760 00 Railroad mortgage bonds— 400,000 00 Original Estim ated cost market value $1,817,560 19 $1,817,560 19 81,171 25 101,00000 158,259 60 . 135,000CO 6,850 00 5,65000 106,800 00 98,00000 198,380 90 198,00000 100,980 00 95,34000 2,544,599 00 2,461,916 70 406,312 50 336,00000 $5,384,320 19 $5,420,913 44 $5,238,526 89 5,238,526 89 Banking bouse and lot, book value, $120,000; cost, $120,350.81; actual cash value.............................................................. Other real estate, book value, $666.22; eost, $666.22; actual cash value ......................................................................................... Cash on deposit in banks or trust companies............................. Cash on hand ..................................................................................... Total of collectible interest ............................................................ Amount of all other assets, viz.: U. S. Thrift Stamps............... 120,000 00 666 888,527 69,858 147,841 1,209 22 76 69 74 00 $16,732,628 30 LIAB ILITIES Amount due depositors, viz.: Principal............................................... $15,714,389 02 Other liabilities, viz.: Liberty Bond deposits........................................................ Dividends accrued on deposits to January 1, 1919.... Expenses incurred, but unpaid, taxes accrued........... Surplus on $173,403 66 48,426 73 9,353 15 ------------------------------------- 231,183 54 market value...................................................................... 787,055 74 $16,732,628 30 Surplus on par value, $032,849.04. CASH TRANSACTIONS DURING THE YEAR 1918 RECEIPTS Cash on hand and in hanks or trust companies January 1, 1918, before transactions of the day............................................ $1,123,665 11 From depositors, not including dividends credited..................... 4,822,424 03 From interest on loans, deposits and investments.............. 738,243 16 From rent® from banking house..................................................... 5,764 00 From mortgages................................................................................... 318,021 00 From redemption of stocks and bonds........................................... 793,882 05 From stocks and bonds sold (total par value,$818 ,731 .18 )... 818,731 18 [ 148] ^ M onroe 1 49 C oun ty Prom all oth er sources, v iz .: Liberty Bond payments by subscribers........................ Insurance premium advanced, refunded; expense item refu n ded................................................................. U. 8. T h rift Stamps sold................................................. $450,213 11 7113 3,694 25 ------- ---------- $453,87S 49 $9,074,609 02 PAYMENTS ............. To depositors, including dividends paid to them......................... $4,611,910 59 411,550 00 For loans on bonds and mortgages.................................................. For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $2,736,611.37)................................ 2,736,622 00 For interest (other than dividend payments to depositors).. 3,439 20 For current expenses of the bank, viz.: For salaries ....................................................................... For taxes: Banking house................................................ For expenses, except taxes, o f banking house: Repairs ........................................................................... Insurance .................................................................... Other ............................................................................ For expenses o f other real estate, v iz .: Repairs ........................................................................... Insurance .................................................................... For other expenses, not including expenses o f other real estate nor otherexpenses o f banking house.. $27,327 32 14,532 96 312 30 716 71 6,898 30 241 70 128 70 19,205 96 68,363 95 For real estate acquired by foreclosure, or in settlement of debts due the bank.......................................................................... Other payments, viz.: W ithdrawals from Liberty Bond accounts.................. U. 8. T h rift Stamps........................................................... Tellers’ suspense account charged off........................... 666 22 $278,774 04 4,803 25 93 32 283,670 61 Cash on hand and in banks or trust companies December 31, 1918, after transactions of the day............................................ 958,386 45 $9,074,609 02 STATISTICAL INFORMATION = = = = = 47,578 Number of open accounts January 1, 1919................................. Number of accounts opened or reopened during the y ear.. . . 7,831 Number of accounts closed during the year............................... 9,386 Amount deposited during the year, not including dividends credited for that period................................................................ $4,822,424 03 Amount withdrawn during the year................................................ 4,611,910 59 Amount of dividends credited and paid for the year, viz.: June 1, 1918........................................................................... December 1, 1918................................................................. Credited at other periods................................................. $284,285 59 286,801 35 5,888 30 Average amount of each account January 1, 1919................... 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, 1918 .................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1918 ............................................................ Total earnings of the bank for the year 1918, after allowing for amortization of premiums and discounts....................... Total expense of the bank for the year 1 9 1 8 ............................... Dividends paid to depositors for the year 1 9 1 8 ...... ................ Net earnings for the year 1918 over expenses and dividends paid to depositors ......................................................................... 576,975 24 330 28 1 $3,120 69 4 4 $735,556 22 68,688 95 578,939 83 87,927 44 150 R eport on S a v in g s B anks 58. MECHANICS SAVINGS BANK, ROCHESTER [IS Exchange street; incorporated 186?] ADELBERT P. LITTLE, President. WILMOT CASTLE. Treasurer. W ILLIAM B. SEW AB0, Vice-President. FEDOR WILL1MEK, Asst. Secretary. WILLIAM B. HALE, Vice-President. TRUSTEES JOHN J. BAUSCH. ADELBERT P. LITTLE, W ILLIAM R. SEWARD, LOUIS J. ERNST, JAMES H. BOUCHER, WENDELL J. CURTIS, JOHN S. BRONK, CHAS. C. BEAHAN, W ILLIAM KARLS, MORRIS D. K N APR W ILLIAM B. HALE, GEORGE W . ROBISON, W ILMOT CASTLE, JAMES T. HUTCHINGS, JAMES C. CLEMENTS. FINANCIAL RESOURCES Bonds and m ortgages..................... Stock and bond investments, viz.: Stocks and bonds United States ........................ State o f M assachusetts........ Cities in other States........... Cities in this State............... Counties in this State........... Villages in this State........... School districts in this State Railroad mortgage bonds— Par value 8809,260 00 16,000 00 180,000 00 601,600 00 85,000 00 62,000 00 65, ?6© 00 616,000 00 *2,343,500 00 $3,425,950 00 Estimated Original market value cost 8809,094 00 *809,098 00 12,000 00 12,796 60 182,168 91 177,000 00 471,572 50 608,623 19 36,000 00 36,964 86 63,625 00 63,762 70 68,380 32 67,560 63 552,860 00 667,51? 40 *2,349,297 88 *2,189,716 13 Promissory notes ................................................................................. Banking house and lot, book value, $75,000; exist, $94,684.16; actual cash v a lu e ............................................................................. Other real estate, book value, $6,222.59; cost, $6,222.59; actual cash value ......................................................................................... Cash on deposit in banks or trust companies........................... Cash on hand ..................................................................................... Total erf collectible interest ............................................................ Amount of all other assets, viz.: Taxes advanced................... 2,189,716 13 1,280 00 75,000 00 6,222 201,523 32,937 55,812 2,773 59 63 20 35 84 $5,991,215 74 LIAB ILITIES ...-........................... Amount due depositors, viz.: Principal .............................................................................. *4,868,142 04 Dividends credited or to be credited for the six months ending w ith November 30, 1918..................... 95,344 35 ----------------- $4,963,486 39 Other liabilities, viz.: Dividends accrued on deposits to January 1. 1919— Expenses incurred, but unpaid, taxes accrued............. B ills payable — Liberty Bond loans.............................. *15,890 72 1,377 16 700,000 00 ----------------Surplus on market value ................................................................ 717,267 88 310,461 47 $5,991,215 74 Surplus OU par value, $464,245.34. CASH TRANSACTIONS DURING THE YEAR 1918 RECEIPTS Cash on hand and in banks or trust companies January 1, 1918, 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 e sta te .......................... From mortgages ................................................................................. From redemption of stocks and bonds.......................................... From stocks and bonds sold (total par value, $716,900)........... $187,619 1,659,134 264,777 567 2,923 119,750 39,307 716,900 08 80 86 60 50 00 65 00 M onboe 151 C oun ty $4,000 00 47,000 00 From loans paid . . . From real estate sold From all other sources, viz.; Liberty Bond loans, bills payable..................................$1,425,000 00 Taxes advanced, refunded.............................................. 7,538 01 Land contract .................................................................... 2,350 00 Receipts, sale o f old m a teria l........................................ 8 00 1,434,896 01 $4,476,876 50 PAYMENTS ..............:...===== $1,977,847 25 To depositors, including dividends paid to them .. 60,200 00 For loans on bonds and m ortgages.......................... 5,280 00 For loans on stocks and bonds and other securities For stocks and bonds purchased, including premiums, commis 1,002,394 00 sions, etc. (total par value, $1,002,550) ................................... For interest (other than dividend payments to depositors). . 18,265 01 For current expenses of the bank, viz.; For salaries ........................................................................ For taxes: Banking house, $1,574.83; surplus, $2,754.33 ................................................................................. For expenses, except taxes, of banking house: Repairs ........................................................................... Insurance ...................................................................... For expenses o f other real estate, v iz : Insurance ...................................................................... Taxes ............................................................................. Other ...................................................... ..................... For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. $19,105 77 4,329 16 111 10 185 90 176 00 1,301 03 107 00 7,900 64 33,216 60 For real estate acquired by foreclosure, or in settlement of debts due the bank ........................................................................ Other payments, viz.: 7,610 90 B ills payable, paid on Liberty Bond loans..................$1,130,000 00 Taxes advanced ............................................................... 7,460 48 E rror Christmas C lu b; cash short.................................. 141 43 1,137,601 91 Cash on hand and in banks or trust companies December 31, 1918, after transactions of the d a y ............................... : .......... STATISTICAL INFORMATION 234,460 83 $4,476,876 50 = = = = = Number of open accounts January 1, 1 9 1 9 ................................... 18,420 Number of accounts opened or reopened during the year........... 11.566 8,709 Number of accounts closed during the y e a r ............................... Amount deposited during the year, not including dividends for that period ................................................................................. $1,659,134 80 Amount withdrawn during the year ........................................... 1,977,847 25 Amount of dividends credited and paid for the year, viz.: .Tune 1. 1918........................................................................... December 1, 1918................................................................. Credited at other periods................................................. $97,163 35 95,261 92 346 59 Average amount of each account January 1, 1 9 1 9 ................... Rate per cent, of dividends to depositors during the six months ending June 30, 1918 .................................................................... Rate per Gent, of dividends to depositors during the six months ending December 31, 1918 ............................................................ Total earnings of the bank for the year 1918, after allowing for amortization of premiums and discounts........................... Total expenses of the bank for the year 1 9 1 8 ............................... Dividends paid to depositors for the year 1918 ....................... Net earnings for the year 1918 over expenses and dividends paid to depositors ................................. ' . ................................... 192.771 86 215 17 4 4 $255,473 64 •32,190 09 192.771 86 30,511 69 15 2 R eport our S a v i n g s B anks 89. MONROE COUNTY SAYINGS BANE, ROCHESTER [33-35 State street; Incorporated 1850] JAMES E. BOOTH, President. ALE X. M. LINDSAY, Vice-Pres. RUFUS K. DRYER, Vice-President. WM. CARSON, Treasurer. FRANK C. FENN, CasUier. TRUSTEES AM ES E . BOOTH, UFUS K . DRYER. ALEX. M. LINDSAY, CYRUS P. PAINE. HENRY A. STRONG, W ILLIAM PHAR. V. EDWARD W ILLIAM B. LEE, CRITTENDEN, BAUSCH. CARSON, MARTIN P. BRISTOL, JOSEPH MICHAELS, WM. A. HUBBARD, J r., W ILLIAM C. BARRY, W ILLIAM V . HAMILTON. FINANCIAL RESOURCES .$17,800,756 18 Bonds and mortgages ........................... Stock and bond Investments, viz.: Stocks and bonds United States ........................ State o f New York............... State o f M assachusetts........ State o f Tennessee.................. 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 $1,992,250 00 500,00000 350, COO00 176,000 00 2,310,500 00 1,548,000 00 215,000 00 48,000 00 87,600 00 2,917,000 00 Original Estim ated market value cost $2,010,761 00 $1,995,522 00 503.000 00 502,625 00 303.000 00 372,250 00 184,800 00 188,979 14 2,237,882 60 2,387,221 39 1,488,430 00 1,616,878 52 217.025 00 216,644 50 48,240 00 49,575 00 88,308 00 89,244 23 2,404,490 00 3,064,253 75 $10,144,350 00 $10,488,438 53 $9,470,697 50 9,470,697 50 Banking house and lot, book value, $100,000; cost, $100,000; actual cash value ............................................................................. Other real estate, book value, $7,024.81; cost, $7,024.81; actual cash value ......................................................................................... Cash on deposit in banks or trust companies........................... Cash on band ..................................................................................... Total of collectible interest ............................................................ Amount of all other assets, viz. s U. S. Thrift S tam ps........... 100,000 00 7,024 729,726 271,975 503,223 467 81 89 42 27 59 $28,883,871 66 LIAB ILITIES ================== Amount due depositors, viz.: Principal ...........................................................................$24,878,036 08 Dividends credited or to be credited for the six months ending with December 31, 1918..................... 492,701 33 -----------------$25,370,737 41 Other liabilities, viz.: B ills payable and accrued interest on same...............$1,301,396 86 Dividends accrued on deposits to January 1, 1919— 82,800 00 Expenses incurred but unpaid — Taxes........................ 12,000 00 ----------------Surplus on market value ................................................................ Surplus on par value, $2,790,589.89. 1,396,196 86 2,116,937 39 $28,883,871 66 ===== CASH TRANSACTIONS DURING THE YEAR 1918 gggssssss RECEIPTS Cash on hand and in banks or trust companies January 1, 1918, before transactions of the day........................................ $1,269,738 From depositors, not including dividends credited..................... 5,083,034, From interest on loan®, deposits and investments..................... 1,337,878 From rente from banking bouse...................................................... 583 From rente from other real estate................................................ 214 From m ortgages................................................................................... 436,425 From redemption of stocks and bonds............................................ 192,600 From stocks and bonds sold (total par value,$510,000).......... 503,750 From real estate s o ld ......................................................................... 18,175 M oneoe 153 County F rom all oth er sources, v iz .: B ills payable ........ ............... Land contract ...................... Profit, bonds sold ; fees........ U. S. T h rift Stamps sold— 1647, BOS 00 6,000 00 3,643 00 2,468 62 $659,636 62 $9,502,036 23 PAYMENTS To depositors, including dividends paid to than....................... $6,735,517 47 For loans on bonds and mortgages.................................................. 64,575 00 For stocks and bonds purchased, including premiums, commis sion®, etc. (total par value, $875,700)....................................... 870,288 00 For interest (other than dividend payments to depositors). . 40,588 64 For current expenses of the bank, viz.: For salaries ........................................................................ For ta xes: Banking house $4,826.®; surplus, $19,706.71 ................................................................................. For expenses, except taxes, o f banking house: Repairs ......................................................................... Insurance ...................................................................... Other ............................................................................ F or expenses o f other real estate, v iz .: Repairs ........................................................................ Insurance .................................................................... Taxes .............................................................................. Other .............................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. $53,417 06 24,033 60 1,7® 74 442 48 974 37 60 ® 105 71 114 55 318 00 22,777 45 104,031 33 For real estate acquired by foreclosure, or in settlement of debts due the bank.......................................................................... Other payments, viz.: B ills payable .................................................................... Loss on (bonds andreal estate sold................................ U, S. T hrift Stamps........................................................... Cash short ........................................................................ 22,109 65 $655,000 00 5,293 59 2,896 34 & 90 663,223 83 Cash on hand and in banks or trust companies December 31, 1918, after transactions of the day............................................ 1,001,702 31 $9,502,036 23 STATISTICAL INFORMATION Number of open accounts January 1, 1919................................. 36,289 3,535 Number of accounts opened or reopened during the y e a r .... 5,788 Number of accounts closed during the year............................... Amount deposited during the year, not including dividends credited for that period'................................................................ $5,083,034 84 Amount withdrawn during the year............................................. 6,735,517 47 Amount of dividends credited and paid for the year, viz.: June 1, 1918........................................................................... December 1, 1918................................................................. Credited at other period#................................................ $496,298 69 486,338 84 13,227 06 995.864 49 692 00 Average amount of each account January 1, 1919..................... Rate per cent, of dividends to depositors during the six months ending June 30, 1918...................................................................... 4 Rate per cent, of dividends to depositors during the six months ending December 31, 1918............................................................ 4 Total earnings of the bank for the year 1918, after allowing for amortization of premiums and discounts......................... $1,314,848 38 154,330 24 Total expense® of the bank for the year 1918............................... 995.864 49 Dividends paid to depositors for the year 1918......................... Net earnings for the year 1918 over expenses and dividends paid to depositors............................................................................. 164,653 63 154 R eport on S a v in g s B anks 60. ROCHESTER SAYINGS BANK, ROCHESTER [47 Main street, W est; incorporated 1831] HAROLD P. BREW STER. President. GRANGER A. HOLLISTER. Vtce-Prea. JAMES S. WATSON, Vice-President. JOSIAH ANSTICB. Vice-President. HENRY S. HANFORD. Treasurer. CHARLES F. TURTOJJ, Secretary. TRUSTEES THOS. W . FINUCANE, HAROLD P . BREW STER, GEORGE EASTMAN, JAMES G. CUTLER, W ILLIAM S. MORSE, GRANGER A. HOLLISTER, JAMES S. WATSON, HIRAM W. SIBLEY. ERICKSON PERKINS, JOSIAH ANSTICE, J. CRAIG POWERS, WM. A. E. DRBSCHER, EDWARD HARRIS, DANIEL M. BEACH. HENRY S. HANFORD. FINANCIAL RESOURCES Bonds and mortgages .......................................................................$17,529,743 44 Stock and bond investments, viz.: Stocks and bonds United States ........................ State o f New York.................. State o f M assachusetts........ State o f M ississippi.............. 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 b on d s.... Par value 16,110,380 00 100,000 00 150,000 00 100,000 00 2,125,500 00 2,310,100 00 288,000 00 37,288 26 157,200 00 60,560 50 6,843,000 00 Original Estim ated cost market value 16,106,412 80 $6,110,35000 101,750 00 101,00000 163,312 50 135,00000 101,345 00 100,00000 2,210,621 43 2,075,34000 2,381,743 67 2,285,95000 298,435 49 280,92000 37,652 36 37,82826 160,021 79 157,05400 62,802 22 60,69750 7,110,827 44 5,893,06000 $18,284,998 76 $18,734; 924 40 $17,236,899 76 Promissory notes ................................................................................. Banking house and lot, book value, $200,000; cost, $449,- 17,236,899 76 145,380 74 6 9 0 .4 0 ; a ctu a l cash v a lu e ................................................................. 200,000 00 Other real estate, book value, $8,135; cost, $8,135; actual cash v a lu e .................................................................................................... Cash on deposit in banks or trust companies............................... Cash on h an d ................................................................... .................... Total of collectible interest.............................................................. Amount of all other assets, viz.: Land contracts .................................................................. Taxes and insurance advanced........................................ 8,135 1,625,122 592,679 426,154 00 15 55 98 $26,645 66 651 73 27,296 79 $37,791,412 41 LIA B ILITIE S ................... ......... .. Amount due depositors, viz.: Principal....................................... $31,073,438 14 Other liabilities, viz.: Liberty Bond deposits...................................................... $1,085,852 38 Dividends accrued on depositsto January 1, 1919.... 100,166 67 Reserve fo r taxes................................................................ 14,500 00 B ills payable .................................................................... 3,100,000 00 Interest accrued Liberty Bond deposits and bills payable ............................................................................ 89,<®3 07 Insurance held pendingsettlem ent................................. M0 00 ----------------Surplus on market value..................................................................... Surplus on par value, $3,405,301.15. 4,360,772 12 2,357,202 15 $37,791,412 41 .....................■ ..... CASH TRANSACTIONS DURING THE YEAR 1918 RECEIPTS Cadi on hand and in banks or trust companies January 1, 1918, before transactions of the day.............................................. $1,733,445 From depositors, not including dividends credited................... 7,425,435 From interest on loans, deposits and investments....................... 1,442,336 From rents from banking house........ ........................................... 7,979 61 00 35 78 155 MONROE O o UNTY From From From From From rents from other realestate..................................................... mortgages .................................................................................. redemption ofstocks andbonds............................................. loans paid ............................................................................. all other sources, viz.: $78 398,677 3,330,293 16,991 00 00 23 06 Land contracts, Insurance and taxes, appraisal fees.. $3,100 77 Insurance held pending rebuilding — bills payable.. 5,589,280 09 Liberty Loan account........................................................ 3,391,6® 56 612 00 Cash short — forged check repaid, collections........... ----------------- 8,984,578 42 $23,339,814 45 ............ PAYMENTS To depositors, including dividends paid to them............................$6,608,951 34 For loans on bonds and mortgages.................................................. 514,200 00 For loans on stocks and bonds and other securities............... 162,371 80 For stocks and bonds purchased, ineluding premiums, commis sions, etc. (total par value, $7,322,300)................................... 7,302,737 35 For interest (other than dividend payments to depositors).. 1,785 14 For current expenses of the bank, viz.: For salaries........................................................................... For ta xes: Banking house, $8,022.19; surplus, $20,801.61 ................................................................................. For expenses, except taxes, o f banking house: Repairs ........................................................................... Insurance ...................................................................... Other .............................................................................. For expenses o f other real estate, v iz .: Insurance ...................................................................... For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. $76,283 33 28,823 80 6,200 12 1,674 86 13,324 36 9 90 26,483 77 ------------------------------------- 150,700 14 For real estate aenuired by foreclosure, or in settlement of debts duethe bank........................................................................... 8,135 00 Other paym ents, viz.: Land contracts,insurance and taxes, forged check.. $5,502 46 Cash differences, fraudulent cheek cashed, check lost .................................................................................... 2,215 42 B ills payable, Liberty Loan accounts............................... 6,365,414 11 -------------------Cash on hand and in banka or trust companies December 31, 1918, aftertransactions of the day........................................... STATISTICAL INFORMATION 6,373,131 98 2,217,801 70 $23,339,814 45 ======== Number of open accounts January 1, 1919................................... 68,810 Number of accounts opened or reopened during the year......... 12,499 Number of accounts closed during the year............................... 11,000 Amount deposited during the year, not including dividends credited for that period................................................................ $7,425,435 00 Amount withdrawn during the year.............................................. 6,608,951 34 Amount of dividends credited and paid for the year, viz.: June 1, 1918........................................................................... December 1, 1918................................................................. Credited at other periods................................................. $562,008 10 573,645 85 8,580 39 ----------------- 1,144,324 34 Average amount of each account January 1, 1919..................... 451 58 Rate per cent, of dividends to depositors during the six months 4 ending May 31, 1918........................................................................ Rate per cent, of dividends to depositors during the six months ending November 30, 1918.............................................................. 4 Total earnings of the bank for the year 1918, after allowing for amortization of premiums and discounts........................... $1,476,603 48 Total expenses of the bank for the year 1918 ........................... 205,208 21 Dividends paid to depositors for the year 1918....................... 1,144,324 34 Net earnings for the year 1918 over expenses and dividends paid to depositors ........................................................................... 127,070 93 M O N TG O M ER Y C OUNTY 81. AMSTERDAM SAVINGS BANK, AMSTERDAM [11 D ivision street; incorporated 1886] S. H . FRENCH, President. CHARLES E. FRENCH, Treasurer. JAMES T. SUUDEN, Vice-President. THOMAS MORPHY, Secretary. SEELY CONOVER, Vice-President. TRUSTEES S. H. FRENCH, BERNARD P. MACHOLD, THOMAS MORPHY, THOMAS MANSFIELD, SEELY CONOVER, W . BARLOW DUNLAP, JAMES T . SUODEN, C. VAN BOREN, CHARLES E. FRENCH, W ILLIAM J. KLINE, NATHAN B. SMITH. ROBERT J. LINDSAY, W . C. SCHAUFLER, JAMES A. HAYS, THOMAS F . KENNEDY. FINANCIAL RESOURCES Bonds and mortgagee............................... ......................................... $3,538,351 00 Stock and bond investments, viz.: Par value $533,000 00 75,000 00 3,000 00 20,000 00 25,000 00 26,000 00 220,000 00 870,166 12 180,000 00 44,200 00 230,302 65 44,450 00 526,000 00 Stocks and bonds United States ........................ State o f New York.................. State o f W yoming.................. State o f South Dakota........ State o f Oregon..................... State o f Utah........................... C ities in Other States........... Cities In tM s State............... Counties In th is State............ Towns in this State............... Villages in this State........... School districts in this State Railroad m ortgage b on d s.... $2,796,107 77 O riginal Estim ated cost market value $528,544 20 $528,500 00 81,726 00 81,750 00 4,005 00 3,390 00 20,000 00 20,000 00 23,756 29 23,250 00 25,125 00 24,500 00 228,050 40 228,800 00 888,697 82 852,140 17 182,185 51 180,560 00 44,619 20 43,960 00 238,085 72 229,043 31 45,647 80 46,250 00 555,636 74 482,750 00 $2,865,878 68 $2,742,883 48 2,742,883 48 Banking house and lot, book value, $38,000; cost, $104,301.65 ; actual cash v a lu e ............................................................................. Cash on deposit in banks or trust companies............................. Cash on h an d ........................................................................................ Total of collectible interest.............................................................. 38,000 540,961 42,334 84,696 00 87 92 55 $6,987,22f 82 LIA B ILITIE S Amount due depositors, viz.: P rin cip a l........ ..................................................................... $6,298,434 12 Dividends credited or to be credited fo r the six months ending w ith December 31, 1918..................... 115,335 25 $6,413,789 37 573,458 45 Surplus cm market value $6,987,227 82 Surplus on par value, $626,682.74. CASH TRANSACTIONS DURING. THE YEAR 1918 RECEIPTS Cash cm band and in banks or trust companies January 1, 1918, before transactions of the day........................................ From depositors, not including dividends credited................... From interest on loans, deposits and investments..................... [156] $587,099 44 1,856,717 82 299,920 04 M ontgomery County 15t From mortgages ................................................................................. From redemption of stocks and bonds........................................... From stocks and bonds sold (total par value, $ 7 , 3 0 0 ) . . . . . . . $245,000 00 458,408 TO 6,929 38 $3,454,075 38 PAYMENTS To depositors, including dividends paid to them....................... $1,410,869 53 161,200 00 For loans on bonds and mortgages....................................... . For stocks and bonds purchased, including premiums, commis 1,264,584 71 sions, etc. (total par value, $1,278,600)................................... 5,008 08 For interest (other than dividend payments to depositors). . For current expenses of the bank, viz.: For salaries ....... F or ta xes: Banking bouse $1,752.58; surplus, $5,293.01; on mortgages, $349JO .................................................... For expenses, except taxes, o f banking house: Repairs ........................................................................... F or other expenses, not including expenses o f other real estate nor other expenses o f banking h ou se.... $12,615 26 7,395 09 240 51 8,615 41 Other payments, viz.: Profit and loss........................................... Cash on hand and in banks or trust companies December 31, 1918, after transactions of the day............................................ 28,866 27 250 00 583,296 79 $3,454,075 38 STATISTICAL INFORMATION Number of open accounts January 1, 1919................................. 15,436 Number of accounts opened or reopened during the year. . . . 1,601 Number of accounts closed during the year............................... 1,458 Amount deposited during the year, not including dividends credited for that period................................................................ $1,856,717 82 Amount withdrawn during the year.............................................. 1,410,869 53 Amount of dividends credited and paid for the year, viz.: July 1, 1918........................................................................... January 1, 1919................................................................... $109,911 55 115,335 25 Average amount of each account January 1, 1919..................... Rate per cent, of dividends to depositors during the six months ending June 30, 1918...................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1918............................................................ Total earnings of the bank for the year 1918, after allowing for amortization of premiums and discounts........................... Total expenses of the bank for the year 1918............................... Dividends paid to depositors for the year 1918........................... Net earnings for the year 1918 over expenses and dividends paid to depositors ........................................... ............................ 225.246 80 415 50 4 4 $300,845 OS 28,866 27 225.246 80 46,732 01 NASSAU c o m fit 82. ROSLYN SAVINGS BANK OF ROSLYN, ROSLYN l Incorporated 1876] THOMAS MOTT, President. FREDERICK E. W ILLITS, Treasurer. H E N R f M. W. EASTMAN, Vice-President. FREDERICK C. DAVIS, Secretary. JOHN C. BAKER, Vice-President. TRUSTEES HENRY M. W. EASTMAN THOMAS MOTT, JOSEPH H. BOGART, FRBD’ K E. W ILLITS, THOS. W. ALBERTSON, FREDERICK C. HICKS, DANIEL .T. HEGEMAN, JOTHAM POST. S. T. RUSHMORB, W ILLIAM W. COCKS, J. CLIFTON MONFORT, RICHARD DOWNING, W ILLIAM W ITTE. GEORGE W . EASTMAN, JOHN C. BAKER, DANIEL UNDERH ILL JOHN A . ALBERTSON, DANIEL S. WOOLLEY, EUGENE W. DENTON. ALFRED V. FRASER, JAMES W ILLI TS, ! S. EMORY. STIMUSSON M. POWELL, BnilsiKMAN WiNTHROP, J. W. B. VANDEWATER. FIN A N CIA L RESOURCES $1,662,200 00 Bonds and mortgages .................. Stock and bond investments, viz.: Stocks and bonds United States ........................ State o f New York.................. Cities in oth er 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— Par value 1114,350 00 20,000 00 118,000 00 121,000 00 30,000 00 7,000 00 8,000 00 87,900 00 538,000 00 11,044,250 00 Original Estim ated market value cost $114,238 11 $114,350 00 22,200 00 a , 450 00 124,009 73 118,830 00 126,035 80 119,975 00 30,486 34 30,700 00 7,420 00 8,100 00 8,280 00 7,980 00 88,893 50 88,331 99 528,6% 00 470,770 00 $1,049,566 97 $981,118 5ft 981,118 50 Banking house and lot, book value, $25,000; cost, $36,514.17; actual cash value............................................................................. Other real estate, bode value, $28,994.28; cost, $31,391.22; actual cash value ........................................................................... Cash on deposit in banks or trust companies........................... Cadi on h a n d ....................................................................................... Total of collectible interest............................................................ Amount of all other assets, viz.: Insurance premiums and taxes advanced..................... Partial payment on bonds.............................................. 25,000 00 31,391 197,631 82 39,221 $5,404 89 1,200 00 $2,943,249 LIA B ILITIE S SISII 6,604 ============== Amount due depositors, viz.: Principal .............................................................................. $2,635,586 10 Dividends credited or to be credited for tne six months ending with December 31, 1918..................... 48,643 71 ----------------- $2,684,229 marketvalue............................................................ 259,020 52 § || Surplus on $2,943,249 =============== Surplus on par value,$322,151.63. CASH TRANSACTIONS DURING THE YEAR 1918 RECEIPTS n m $124,334 571,151 142,038 1,993 1,411 59,700 sssssss Cash on hand and in banks or trust companies January 1, 1918, 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 cither real estate................................................ From m ortgages.................................................................................. JCaSSAU <3otWT* 15§ P rom redem ption o f stocks and b on d s............. ................................ From stocks and bonds sold (to ta l par value, $ 6 1 ,2 0 0 )... .......... From real estate s o ld .............................................................................. F rom all other sources, v iz .: Appraisal fees, release, taxes, protest and satisfac tion piece ........................................................................ |2,642 96 Assignment fee, insurance, tax search, expense refund ........................................... *.................................. 20 62 Thrift stamps .................................................................... 50 00 ____________ $ 4 8 ,0 0 0 00 6 0 ,9 3 0 97 14,275 00 2 ,7 1 2 98 $ 1 ,0 2 6 ,5 4 8 40 ......... :.======= PAYMENTS T o depositors, in cluding dividends paid to th em ......................... $590,568 31 F or loans on bonds and m ortga ges.................................................... 5 3 ,4 2 5 00 For stocks and bonds purchased, in cluding prem ium s, com m is sions, etc. (to ta l par value, $ 1 5 1 ,6 0 0 ).............................................. 151,165 11 F or interest (oth er than dividend paym ents t o d e p o s ito r s ). . 72 59 F or cu rrent expenses o f the bank, v iz .: For salaries ....................................................................... |8,178 80 For taxes: Banking house, 1894.27; surplus, $2,443.98 ; on mortgages. $139.50.................................................... 3,477 75 For expenses, except taxes, o f banking house: Repairs ......................................................................... 169 65 Insurance ...................................................................... 124 03 Other ............................................................................ 102 65 For expenses o f other real estate, v iz .: Repairs ........................................................................... 380 21 Insurance ...................................................................... 253 CO 657 81 Taxes ............................................................................ Other ............................................................................ 27 75 For other expenses, not including expenses o f other real estate nor other expenses of hanking house.. 2,968 96 -------------------------------------- 16,340 54 F or real estate acquired b y foreclosure, or in settlem ent o f 10,142 32 debts due the b a n k ............................................................................. Other paym ents, v iz .: Thrift Stamps, appraisal fees, taxes,protest fees.. $5,823 86 Release, cash shortage, insurance,assignment fe e .. 88 93 Bid on school bonds, satisfaction piece....................... 1,207 50 --------------------------------------- 7 ,1 2 0 29 Cash on hand and in banks or trust com panies December 31, 197,714 24 1918, a fter transactions o f the d a y ......... ............................ .. $1,026,548 40 STATISTICAL INFORMATION = = = = = = Number of open accounts January 1, 1919............................... 5,351 Number of accounts opened or reopened during the year----813 Number of accounts closed during the year............................... 947 Amount deposited during the year, not including dividends credited for that period................................................................ $571,151 42 Amount withdrawn during the year.............................................. 590,568 31 Amount of dividends credited and paid for the year, viz.: July 1, 1918........................................................................... January 1, 1919.................................................................... Credited at other periods................................................. $48,409 33 48,643 71 2 82 ------------------------------------ 97,055 86 Average amount of each account January 1, 1919....................... 501 63 Rate per cent, of dividends to depositors during the six months ending June 30, 1918...... ............................................................... 4 Rate per cent, of dividends to depositors during the six months ending December 31, 1918............................................................ 4 Total earnings of the bank for the year 1918, after allowing for amortization of premiums and discounts........................... $145,191 03 Total expenses of the bank for the year 1918............................... 16,340 54 Dividends paid to depositors for the year 1918 ........................... 97,055 86 Net earnings for the year 1918 over expenses and dividends paid to depositors ........................................................................... 31,794 63 n m ito m c o m f y 63. AMERICAN SAYINGS BANK, NEW YORK CITY [115 W est 42d street; Incorporated 1882] WILLIAM M. CAMPBELL, President. JAMES F. FARGO. Vice-President. L. DUNCAN BULKLEY, Vice-Pres. JOHN V. IRW IN, Secretary. JOSEPH L. HASTE. Treasurer. GEO. F. BROFHY, J b., Asst. Treasurer. TRUSTIES VINCENT PISEK, JAMBS F. FARGO, L. DUNCAN BULKLEY, W ILLIAM C. STORY, WM. M. CAMPBELL, JOHN V. IRW IN, HENRY R. SUTPHEN. FRED. M. JOHNSON. GEORGE DEBEVOISE, F. CLIFFE JOHNSTON, WARREN THORPE, HENRY S. PARKER. CHAS. F. DESHLER, H. S. CARPENTER. FINANCIAL RESOURCES Bonds and mortgages...................................................................... .. $2,077,215 00 Stock and bond investments, viz.: Stocks and bonds United States ....................... Cities in this State............... Towns in this State............... Villages in this State........... School districts in this State Railroad mortgage b on d s.... Par value $616,400 00 196,000 0# 90,000 00 47,000 00 16,000 Oft 583,000 00 $1,486,400 00 O riginal Estim ated cost market value $610,415 90 $615,400 00 206,230 28 194,350 00 35,955 00 33,000 00 46,191 29 45,940 00 17,104 oa 15,840 00 565,028 05 448,090 00 $1,480,924 52 $1,352,560 00 1,352,560 00 4,451 00 Promissory notes ................................................................ .. Banking house and lot, book value, $8,885.28; cost, $34,721.64; actual cash value ........................................................................... Other real estate, book value, $127,884.83; cost, $129,566.70; actual cash value ......................................................................... Cash on deposit in banks or trust companies........................... Cash on band ..................................................................................... Total of collectible interest.............................................................. Amount of all other assets, viz.: Suspense account................... 30,000 00 127,714 239,120 7,134 46,564 169 15 38 94 02 88 $3,884,929 37 LIA B ILITIE S : Amount due depositors, viz.: Principal .............................................................................. $3,626,611 36 Dividends credited or to be credited fo r the six months ending w ith December 31, 1918..................... 55,156 09 $3,681,767 45 Other liabilities, viz.: Liberty Bond deposits........................................................ Expenses incurred but unpaid — rent accrued........ $88,825 00 1,166 66 89,991 66 113,170 26 Surplus on market value. $3,884,929 37 .:.;. Surplus on par value, $247,010.26. CASH TRANSACTIONS DURING THE YEAR 1918 RECEIPTS Cash on hand and in banks or trust companies January 1, 1918, 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 mortgage* . . ................................. ................. ..... im $270,802 1,582,413 158,424 3,785 9,543 93 52 95 00 00 45,550 00 N ew Y ork 161 C oun ty F rom redem ption o f stock s and b on d s.................................... F rom stock s and bonds sold (to ta l p a r valu e, $ 7 2 ,0 0 0 ), F rom loan s p a id ............................................................................ F rom a ll oth er sou rces, v is .: (905 8ft Suspense account, receiver’s returns........................... lib e rty Loan bonds........................................................... 763,267 60 Unclaimed Liberty Loan Bond (fu n d )........................ 421 00 F orfeit — real estate ........................................................ 206 00 $8 0 3,0 0 0 00 6 9 ,5 7 5 00 2 ,4 5 2 00 7 5 4 ,7 9 3 80 PAYMENTS $ 3 ,2 6 0 ,3 4 0 20 = = = = = = = $ 1 ,4 3 4 ,7 5 4 T o d ep ositors, in clu d in g dividen ds pa id to them . 4 ,5 0 0 F or loan s on bonds and m o r tg a g e e .................. 6 ,9 0 3 F or loa n s on stodks and bonds and oth er secu rities F or stock s and bonds purchased, in clu d in g prem ium s, com m is 1 ,1 9 5 ,9 9 1 sion s, etc. ((tota l p a r va lu e, $1,201,350) ........... : ........................ 2 ,6 7 0 F or in terest (oth er than dividend1 paym ents t o d e p o s ito r s )__ F or cu rren t expenses o f th e bank, v iz .: (16,686 36 For salaries ...................................................................... For ta x es: Banking house, (61.60; surplus, $862.29.. 313 79 For expenses, except taxes, o f banking house: 932 42 R epairs!........................................................................... 111 79 Insurance .............................................. ....................... Other .............................................................................. 218 61 7,000 00 For rent o f banking room s.............................................. For expenses o f other real estate, v iz .: 2,226 21 Repairs ......................................................................... Insurance ...................................................................... 379 01 2,631 04 Taxes ............................................................................ 1,412 62 Other ............................................................ ............. . F or other expenses, not including expenses o f other 4,140 73 real estate nor other expenses o f banking house.. 3 5 ,05 2 F or rea l esta te acqu ired b y foreclosu re, o r in settlem en t o f debts du e th e bank .............................................................................. 6 ,3 2 2 O ther paym ents, v iz .: Liberty Loan Bonds........................................................... (326,960 Oft Suspense account .............................................................. 914 89 Unclaimed Liberty Loan Bond! — refund..................... 26 00 3 2 7 ,8 9 0 Cash on hand an d in banks o r tru s t com panies D ecem ber 31, 1918, a fte r tran sa ction s o f th e d a y ............................................... 246,2 5 5 65 00 00 00 37 61 36 89 32 $ 3 ,2 6 0 ,3 4 0 20 S T A T IS T IC A L IN F O R M A T IO N = = = = = = = = N um ber o f open accou nts Jan u ary 1, 1919...................................... 11,658 N um ber o f a ccou n ts opened o r reopened du rin g th e y e a r ......... 2 ,9 7 2 N um ber o f a ccou n ts closed du rin g th e y e a r.................................. 1 ,7 3 0 A m oun t dep osited du rin g th e yea r, n ot in clu d in g dividen ds cred ited fo r th a t p eriod ...................................................................... $ 1 ,5 8 2 ,4 1 3 52 A m oun t w ith draw n d u rin g th e y ea r ............................................... 1 ,4 3 4 ,7 5 4 65 A m ount o f dividen ds cred ited and p a id fo r th e yea r, v iz .: July 1, 1918........................................................................... $54,500 12 January 1, 1919................................................................... 55,156 09 109.656 21 A verage am ount o f each accou n t Ja n u a ry 1, 1 9 1 9 ..................... 315 81 R a te per cen t, o f dividen ds t o dep ositors d u rin g th e s ix m onths en din g Ju n e 30, 1918 .......................................................................... 3% R a te per cen t, o f dividen ds t o d ep ositors d u rin g th e s ix m on th s en din g D ecem ber 31, 1 9 1 8 ......... ....................................................... m T o ta l earn in gs o f th e bank fo r th e yea r 1918, a fte r a llow in g fo r am ortiza tion o f prem ium s and d is c o u n t s ........... ................. $ 1 74,952 66 T ota l expenses o f th e bank fo r th e y ea r 1 9 1 8 ................................. 5 0 ,6 7 3 §& D ividends p a id t o d ep ositors fo r th e y ea r 1 9 1 8 ............................. 100.656 21 N et earn ings fo r th e yea r 1918 ov er expenses a n d dividen ds pa id to cle p o s it o r s ........................................ ................................. 1 4 ,62 2 93 6 R 102 64. epost on S a v in g s B a n k s THE BANK FOR SAYINGS IN THE CITY OF NEW YORE [280 Fourth avenue; Incorporated 1819] WALTER TRIM BLE, President. FREDERIC W. STEVENS, Vice-Pres. CHARLES S. BROWN, Vice-Pres. ADRIAN ISELIN, Vice-Pres. LEW IS B. GAW TRY, Secretary. EDMUND W. RYAN, A sst Secretary. JOHN HARPER, Com ptroller. RICHARD W. MOTT, Deputy Com ptroller. T R U ST E E S WM. W . APPLETON, W ALTER TRIM BLE, FREDERIC W. STEVENS, HENRY R. HOYT, CHARLES S. BROWN, AUGUST BELMONT, ADRIAN ISELIN, W ILLIAM SLOANE, LEW IS B. GAWTRY. THOMAS DENNY, HENRY W . DB FOREST, JOHN B. COWDIN, W . IRVING CLARK. JAMES S. ALEXANDER, W ILLIAM J. BIKER. NICHOLAS BIDDLE, GEORGE F. BAKER, Ja., OTTO M. EIDL1TZ, GEO. E. ROOSEVELT, THATCHER M. BROWN, JULIAN PEABODY, B. TOWNSEND IRVIN, j o h n y . g . Wa l k e r . F IN A N C IA L RESOURCES B on ds a n d m ortgages .............................................................................. $ 4 1 ,6 1 9 ,8 0 0 00 S tock and bond Investm en ts, v iz .: Original Estimated Par Stocks and bonds value market value cost $4,464,700 00 $4,464,700 00 United States ........................ $4,464,700 00 3,445,011 25 3,351,360 00 State o f New York................ 3,364,000 00 786,404 16 State o f M aryland.................. 830,000 00 795,300 00 Cities in other States........... 5,743,000 00 6,076,073 29 5,436,667 00 Cities in this State...............15,421,800 00 16,016,527 35 14,673,223 00 817,588 70 804,600 00 Counties in this State.......... 778,000 00 R ailroad m ortgage b on d s... 25,621,000 001 25,788,357 48 20,337,180 00 $56,223,100 00 $57,454,662 23 $49,862,990 00 ............ ...................... 4 9 ,8 6 2 ,9 9 0 — B an kin g b ou se and lo t, book va lu e, $400,000} co st, $751,301.06; 4 0 0 ,0 0 0 a ctu a l cash v a lu e ................................................................................... O ther rea l' esta te, book va lu e, $1,852,811.41; co s t, $1,868,895.41 a ctu a l cash valu e ................................................................................... 1 ,4 2 4 ,0 0 0 C ash on d ep osit in banks o r tr u s t c o m p a n ie s .............................. 2 ,8 2 8 ,0 0 0 C ash on hand .............................................................................................. 7 4 4 ,2 5 6 T o ta l o f collectib le in terest ................................................................. 1 ,1 1 1 ,4 8 8 A m ou n t o f a ll oth er assets, v iz .: U . S . W a r S avin gs S ta m p s .. 899 00 00 00 11 62 39 00 $ 9 7 ,9 9 1 ,4 3 4 12 LIAB ILITIES A m ount du e d ep ositors, v iz .: Principal ............................................................................ $88,794,103 81 Dividends credited o r to be credited fo r the six months ending w ith December 31, 1918..................... 1,692,620 25 ■$90,486,724 06 O ther lia b ilitie s , v iz .: L ib erty B on d d ep osits.............................. 5 ,4 0 0 00 S u rplu s on m ark et va lu e ...................................................................... 7 ,4 9 9 ,3 1 0 06 $ 9 7 ,9 9 1 ,4 3 4 12 S u rplu s on p a r va lu e, $13,859,420.06. C A SH TR A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS Cash on hand and in banks o r tru st com panies J a n u a ry 1, 1918, b efore tra n sa ction s o f th e d a y ...........................................$ 4 ,0 7 1 ,0 8 3 32 F rom d ep ositors, n o t in clu d in g divid en d s c r e d it e d ..................... 1 4 ,0 9 5 ,9 9 2 53 F rom in terest on loa n s, d ep osits a n d in v e s tm e n ts ....................... 4 ,0 6 3 ,1 8 2 33 F rom ren ts from oth er re a l e s t a t e .................................................... 6 9 ,3 7 0 30 F rom m ortgages .......................................................................................... 1 ,5 6 0 ,0 5 0 00 F rom redem ption o f stock s and b o n d s ............................................... 3 ,8 6 0 ,5 0 0 00 N ew Y ork C oun ty 163 F rom stock s and bonds sold (to ta l pa r va lu e, $ 3 ,5 1 3 ,1 5 0 )-------- $ 3 ,5 0 7 ,4 8 8 F rom rea l esta te sold .............................................................................. 1 7 7 ,5 0 0 F rom a ll oth er sources, v iz .: P repaym en ts U . S . G overnm ent B onds ......................................................................................................... 2 2 ,9 9 6 $ 3 1 ,4 2 8 ,1 6 2 20 00 08 76 PAYMENTS T o dep ositors, in clu d in g d iv id en d s p a id to th em ......................... $ 1 8 ,3 0 6 ,4 8 7 77 F or loa n s on bonds and m ortga ges................................................... 4 1 0 ,0 0 0 00 F or stock s and bonds purch ased, in clu d in g prem ium s, com m is sion s, etc. (to ta l par valu e, $ 8 ,7 8 4 ,0 0 0 )...................................... 8 ,7 8 4 ,1 0 5 46 F or in terest (o th e r than dividen d paym ents to d e p o s ito r s ).. 8 ,7 8 5 77 F or cu rren t expenses o f th e bank, v iz .: For salaries........................................................................... *130,871 00 F or ta x es: Banking house, $16,917.01; surplus, $44,747.72 ................................................................................. 61,664 73 F or expenses, except taxes, o f banking h ouse: Repairs .................................................................. 640 92 Insurance ................................................................... 87 60 For expenses o f other real estate, v iz .: Repairs ........................................................................... 42,461 47 Insurance .................................................................... 171 41 Taxes ............................................................................ 42,116 50 Other ............................................................................ 300 00 F or other expenses, not including expenses o f other real estate nor other expenses o f banking house.. 31,423 96 -----------------309,627 59 F or rea l estate a cqu ired b y foreclosu re, o r in settlem en t o f debts due th e b a n k ................................................................................. 2 4 ,9 3 2 32 O ther paym ents, v iz .: Commission on r’eal estate sold..................................... $1,800 00 Liberty Loan Bonds........................................................... 9,812 60 Loss a t counter .............................................................. 354 62 -------------------------------------- 11,967 12 Cash on hand and in banks o r tru st com panies D ecem ber 31, 1918, a fter tran sa ction s o f th e d a y ................................................ 3 ,5 7 2 ,2 5 6 73 $ 3 1 ,4 2 8 ,1 6 2 76 S T A T IS T IC A L IN F O R M A T IO N N um ber o f open a ccou n ts J an u ary 1, 1919...................................... 136,316 N um ber o f accou n ts op ened or reopened du rin g th e y e a r .. . . 1 2,087 N um ber o f a ccou n ts elosed du rin g th e y e a r.................................. 18,291 A m ount dep osited d u rin g th e yea r, n o t in clu d in g dividen ds cred ited fo r th a t p e rio d .......................................................................$ 1 4 ,0 9 5 ,9 9 2 53 A m oun t w ith draw n du rin g th e y e a r ................................................. 1 8 ,3 0 6 ,4 8 7 77 A m ount o f dividen ds cred ited and p a id fo r th e yea r, v iz .: July 1, 1918.............................................................................$1,696,515 11 January 1, 1919.................................................................... 1,6^,620 25 ------------------ 3 ,3 8 9 ,1 3 5 36 A verage am ount o f each a ccou n t Jan u ary 1, 1919...................... 663 80 N um ber o f accou n ts w hich exceeded $3,000, exclu sive o f d iv i dends cred ited , a t th e la s t tr ia l balan ce o f dep ositors’ ledgers, excep t d ep osits a risin g from society accou n ts, o r ju d icia l sales, o r tru s t fu n ds, o r b y ord er o f a co u rt o f record o r o f a su rrog a te................................................................... 2 T ota l am ount o f sueh a ccou n ts............................................................ 6 ,0 51 48 R ate per cent, o f dividen ds to dep ositors du rin g th e s ix m onths ending Jun e 30, 1918 .......................................................................... 4 R ate per cen t, o f dividen ds to dep ositors du rin g th e s ix m onths ending D ecem ber 31, 1918................................................................. 4 T o ta l earnings o f th e bank fo r th e year 1918, a fte r a llow in g fu r am ortization o f prem ium s and d iscou n ts........................... $ 4 ,0 9 6 ,1 4 6 23 T ota l expenses o f th e bank fo r th e y ea r 1918.................................. 317,9 8 8 21 D ividends p a id to dep ositors fo r th e yea r 1918......................... 3 ,3 8 9 ,1 3 5 36 N et earn ings fo r th e yea r 1918 ov er expenses and dividen ds p a id to d ep ositors................................................................................... 3 8 9 ,0 2 2 66 1M R 65. eport on S a y in g s B a n k s THE BOWERY SAVINGS BANK, NEW YORK CITY [128-30 B ow ery; SCHENCK, President. A. NASH, Vice-President. Vice-President. HENRY A . SCHENCK, 85: l B a P * * "- GEO. H . BOBlfcSON, GEORGE JEREMIAH, HENRY C . BERLIN, CHARLES E. BIGELOW, THOMAS B. KENT, Incorporated 1834] W ILLIAM E. KNOX. Com ptroller. JOSEPH G. LID D L E ,Secretary. PERCY G. DELAMATER, Asst. Secy. T R U ST E E S W ILLIAM C. WOOD, I. W . DRUMMOND, H. B. DOMINICK, C. LAWRENCE PERKINS, FRANCIS S. BANGS, LEW IS L . CLARKE, RICHARD M. HOB. AUSTIN B. FLETCHER, W ILLIAM KNOX, GEORGE M cNEIR, S ftS S H f c S S F STEPHEN BASER, ARTHUR L. LESHER, S. W . FAIRCHILD. LINCOLN CROMWELL, J. S. ARMSTRONG. FINANCIAL RESOURCES B onds and m ortga ges........................................................ ......................$ 6 5 ,1 1 0 ,0 4 0 00 S tock and bond in vestm ents, v iz .: Par Original Estim ated eost Stocks and bonds value market value United States .......................... $9,880,600 00 $9,880,585 60 $9,880,000 00 865,260 00 897,210 00 State o f New York.................. 814,000 00 363,000 00 411,376 00 State o f M assachusetts........ 400,000 00 6,569,056 46 6,876,715 00 O ties in other States............ €,060,000 00 6,786,444 26 6,257,30064 Cities in this State............... 6,4f7,299 43 Railroad1 m ortgage bonds— 28,589,000 OOi 31,261,477 73 25,937,520 00 Land Bank o f the State o f 35,000 00 35,288 33 New York............................... 35,000 08 $52,345,899 43 $55,841,437 26 $49,215,395 94 = — — — — ■ .... .. 4 9 ,2 1 5 ,3 9 5 B an kin g h ouse and lo t, b ook valu e, $175,000; co st, $796,080.91; 1 7 5 ,0 0 0 a ctu a l ca sh va lu e ................................................................................. O ther rea l esta te, book va lu e, $ 1 6 7 ,8 4 0 .4 7 ; co st, $ 1 8 6 ,9 2 2 .2 4 ; a ctu a l c a d i va lu e ............................................................................... 1 6 7 ,8 4 0 C a d i on d ep osit in banks o r tru s t com pan ies.................................. 6 ,6 2 5 ,9 1 9 C ash o n h a n d .............................................................................................. 1 ,4 6 2 ,6 4 6 T o ta l o f co lle ctib le in te re st........... ....................................................... 1 ,8 6 4 ,5 1 9 A m ount o f a ll o th e r assets, v iz .: A dvanced fo r ta x e s................ 14,181 LIA B ILITIE S 94 00 47 33 47 26 60 $ 1 2 4 ,6 3 5 ,5 4 3 07 — .......- --------------- A m oun t due d ep ositors, v iz .: Principal ............................................................................ $166,900,972 35 Dividends credited o r to be credited fo r the six months ending w ith December 31, 1918..................... 1,954,336 28 -------- — ----- $ 1 0 8 ,8 5 5 ,3 0 7 63 O ther lia b ilitie s , v iz .: B ills payable a n d accru ed in terest— F ou rth L ib erty L o a n .......................................................................... 1 ,8 1 4 ,0 8 0 84 S u rplu s o n m a rk et v a lu e ..................................................................... 1 3 ,9 6 6 ,1 5 4 60 S u rplu s on pa r va lu e, $17,096,658.09. $ 1 2 4 ,6 3 5 ,5 4 3 07 ... ;;.... : C A SH T R A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS Cash on hand and in ban ks o r tru st com panies Jan u ary 1, 1918, b efore tran sa ction s o f th e d a y ............................................... $ 5 ,9 2 7 ,5 4 7 F rom dep ositors, n ot in clu d in g dividen ds c r e d ite d .................... 2 6 ,1 9 2 ,3 5 4 F rom in terest on loa n s, d ep osits and in vestm en ts....................... 5 ,1 1 8 ,2 8 6 F rom ren te from oth er rea l e s ta te ....................................................... 3 1 ,0 7 6 F rom m o r tg a g e s .......................................................................................... 9 0 9 ,3 5 0 F rom redem ption o f stock s and b on d s........... ............................. 3 ,3 6 6 ,7 5 0 F rom stock s and bonds sold [to ta l p a r valu e, $ 6 ,5 3 4 ,3 0 0 )____ 6 ,3 7 0 ,3 1 0 F rom loa n s p a id .......................................................................................... 1 0 ,96 2 F rom rea l esta te sold ......................................................... 4 8 7 ,1 7 9 F rom a ll o th e r sources, v iz .: Satisfactions, notary fees, sale old m aterial, public telephone, insurance ..................................................... $269 08 51 43 01 01 00 00 46 00 71 N ew Y oke: C ounty 165 lib e rty Loan Bonds......................................................... $1,800,000 00 Receipts other real estate; taxes advanced, refunded 53,602 61 Tellers’ account ............................................................... 830 00 ------------------ $ 1 >854,601 69 PAYMENTS $ 5 0 ,2 6 8 ,4 1 7 82 — .....:...;. T o d ep ositors, in clu d in g dividen ds paid to th em .........................$ 2 6 ,0 2 3 ,3 7 8 60 F or loa n s on bonds and m ortga ges................................................. 2 ,2 5 5 ,8 0 0 00 F or loan s on stock s and bonds and oth er secu rities.................... 1 0,062 00 F or stock s and bonds purchased, in clu d in g prem ium s, com m is sion s, etc. (to ta l pa r valu e,$ 1 3 ,3 0 9 ,5 0 0 )................................. 1 3 ,3 1 5 ,0 6 2 60 F or in terest (oth er th an dividen d paym ents to d e p o s ito r s ). . 4 3 ,6 1 8 65 F or cu rren t expenses o f th e bank, v iz .: For salaries ........................................................................ H4§,280 00 For ta x es: Banking house, $8,176.15; surplus, $103,913.48 ........................................................................... 112, W0 23 For expenses, except taxes, o f banking house: Repairs ........................................................................... 3,338 27 Insurance ...................................................................... 254 65 Other .............................................................................. 15,999 00 For expenses o f other real estate, v iz .: Repairs ........................................................................... 5,234 82 Insurance ...................................................................... 3,101 73 Taxes ............................................................................ 9,361 02 Other .............................................................................. 13,593 26 For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. 56,428 52 -----------------364,681 50 F or real estate acquired b y foreclosu re, o r in settlem en t o f debts due the b a n k ............................................................................. 111,578 97 O ther paym ents, v iz .: Tellers’ account ................................................................ $1,072 00 Claim allow ed depositors................................................ 1,554 54 Advanced for taxes........................................................... 52,143 16 -------------------------------------- 5 4 ,7 6 9 70 Cash on hand and in banks o r tru st com panies Decem ber 31, 8 ,0 8 8 ,5 6 5 80 1918, a fter tran sa ction s o f th e d a y ............................................... $ 5 0 ,2 6 8 ,4 1 7 82 S T A T IS T IC A L IN F O R M A T IO N ..= ;— ==.;===== N um ber o f open accou nts J an u ary 1, 1919.................................. 143,323 N um ber o f a ccou n ts opened o r reopened du rin g th e y e a r .... 2 2 ,7 0 9 N um ber o f a ccou n ts closed du rin g th e y e a r............................... 23 ,37 7 A m oun t dep osited du rin g th e yea r, n ot in clu d in g dividen ds cred ited fo r ’th a t p e rio d ................................................................... $ 2 6 ,1 9 2 ,3 5 4 43 A m oun t w ith draw n du rin g th e y e a r................................................... 2 6 ,0 2 3 ,3 7 8 60 A m ount o f dividen ds cred ited and p a id fo r th e yea r, v iz .: July 1, 1918........................................................................... $1,939,839 76 January 1, 1919..................................................................... 1,954,335 28 ------------------ 3 ,8 9 4 ,1 7 5 04 A verage am ount o f each accou n t Jan u ary 1, 1919......................... 759 51 N um ber o f accou n ts w hich exceeded $3,000, exclu sive o f d iv i dends cred ited , a t th e la st tr ia l balance o f d ep ositors’ ledger®, except dep osits a risin g from society accou n ts, or ju d icia l s a te , o r tru s t fun ds, o r b y ord er o f a co u rt o f record or o f a su rro g a te ....................................................................... 6 T ota l am ount o f such a ccou n ts.............................................................. 2 1 ,1 1 4 55 R ate per cen t, o f dividen ds to d ep ositors du rin g th e six m onths en din g Jun e 30, 1918.......................................................... ............... 4 R ate per cen t, o f dividen ds to d ep ositors du rin g th e six m onths en din g D ecem ber 31, 1918................................................................. 4 T ota l earn in gs o f th e bank fo r th e year 1918, a fte r a llow in g fo r am ortization o f prem ium s and d iscou n ts............................. $ 5 ,0 6 4 ,9 3 0 80 T ota l expenses o f th e bank fo r th e yea r 1918 ............................... 3 7 8 ,7 6 2 34 D ividends p a id t o dep ositors fo r th e yea r 1918 ............................. 3 ,8 9 4 ,1 7 5 04 N et earn in gs fo r th e yea r 1918 ov e r expenses and dividen ds pa id t o d ep ositors ................................................................................ 791,9 9 3 42 166 R eport on S a v in g s B anes 66. BROADWAY SAYINGS INSTITUTION, NEW YORK CITY [5-7 Park p la ce; incorporated 18511 HORACE F. HUTCHINSON, President. EUGENE BRITTON, Vice-President. RICHARD B . KELLY, Vice-President. LOUIS F. FERRIS, Secretary. H . F. HUTCHINSON. EUGENE BRITTON, OSCAR T . MACKEY, RICHARD B. KELLY, RBMSEN JOHNSON, T R U ST E E S EDWARD TOWNSEND, FREDERICK W. HUNTER CHARLES A. FRANK, SAMUEL S. BLOOD, HENRY A. HOWARTH, EDWARD E. WATTS. RICHARD KELLY, COURTLANDT P. DIXON. EDWARD D. KING, F IN A N C IA L RESOURCES $ 9 ,0 0 8 ,8 5 0 00 B onds and m ortga ges....................... S tock an d bond investm ents, v iz .: Stocks and bonds value United States ........................ $375,400 00 State o f New York................ 50,000 00 200,000 00 C ities in other States........... Cities in this State............... 244,000 00 Counties in this State.......... 300,000 00 Railroad mortgage bonds— 2,763,000 00 $3,932,400 00 Original Estimated cost market value 1372,880 00 $375,400 00 50,500 00 61,437 50 194.000 00 222,328 00 252,533 69 242, W0 00 300,000 00 291.000 00 2,637,760 00 2,935,536 57 $4,134,716 76 $3,791,320 00 P rom issory n otes ..................................................................................... B an kin g bou se and lo t, book valu e, $250,000; co st, $271,261.83; a ctu a l cash v a lu e ................................................................................... O ther rea l estate, book va lu e, $772,100; cost, $791,094.64; aetu al cash va lu e ................................................................................. C ash on d ep osit in banks o r tru s t com pa n ies............................... Cash on h a n d ............................................................................................... T o ta l o f collectib le in te re st................................................................... 3 ,7 9 1 ,3 2 0 00 1 7 ,7 4 0 00 2 5 0 ,0 0 0 00 7 7 2 ,1 0 0 2 9 1 ,3 3 6 8 3 ,9 9 4 162,545 00 71 86 23 $ 1 4 ,3 7 7 ,8 8 6 80 LIABILITIES A m oun t due d ep ositors, v iz .: Principal .............................................................................. $13,616,534 11 Dividends credited or to be credited fo r the six months ending w ith December 81, 1918..................... 260,726 26 ------------------ $ 1 3 ,7 7 7 ,2 6 0 37 O th er lia b ilitie s , v iz .: Liberty Bond deposits........................................................... $6,66300 Held for mortgagors’ account............................................. 3,42748 -------------------------------------- 1 0 ,0 9 0 48 S u rplu s on m arket v a lu e....................................................................... 5 9 0 ,5 3 5 95 $ 1 4 ,3 7 7 ,8 8 6 80 S u rplu s on p a r va lu e, $731,615.95. C A SH T R A N SA C T IO N S D U R IN G TH E Y E A R 1918 RECEIPTS C ash on hand and in banks o r tru s t com panies Jan u ary 1, 1918, b efore tra n sa ction s o f th e d a y ............................................... $ 1 ,2 1 1 ,4 6 3 F rom d ep ositors, n o t in clu d in g d ivid en d s cre d ite d .................... 2 ,4 3 2 ,3 4 1 F rom in terest on loa n s, d ep osits and in vestm en ts......................... 6 6 0 ,4 4 4 F rom ren ts from oth er rea l esta te ................................................. '. 1 2 ,34 7 F rom m o r tg a g e s ......................................................................................... 3 7 9 ,0 0 0 F rom redem ption o f stocks and b on d s............................................. 2 8 1 ,0 0 0 55 00 44 14 00 00 N ew Y obk C ounty F rom stock s and bonds sold (to ta l p a r va lu e, $ 1 4 4 ,9 0 0 )............ F rom loan s p a id ....................................................................... ............... F rom rea l esta te sold ............................................................................ F rom a ll oth er sou rces, v iz .: Profit sale Liberty Loan Bonds...................................... $1,514 60 Deficiency judgm ent ......................................................... 4,398 39 Taxes and Interest from m ortgagors............................. 23,386 41 Subscriptions to Liberty Loan Bonds........................... 45,625 00 167 $ 1 4 1,5 0 0 00 3 2 ,0 0 0 00 7 7 ,0 5 3 81 7 4 ,9 2 4 40 $ 5 ,3 0 2 ,0 7 4 34 PAYMENT® T o d ep ositors, in clu d in g dividen ds pa id t o th em .........................$ 4 ,0 3 0 ,5 8 9 80 F or loan s on bonds and m ortga ges................................................... 9 3 ,5 0 0 00 F or loa n s on stock s and bonds and oth er se cu ritie s................ 4 6 ,2 4 0 00 F or stocks and bonds purch ased, in clu d in g prem ium s, com m is sion s, etc. (to ta l p a r va lu e, $ 4 2 0 ,9 0 0 )........................................... 4 1 4 ,6 2 4 79 F or in terest (o th e r than dividen d paym ents t o d e p o s ito r s ). . 1 ,7 6 5 90 F or cu rren t expenses o f th e bank, v iz .: For salaries ........................................................................ $37,216 50 F or taxes. Banking bouse,$4,165.90; surplus, $4,272.76 8,438 66 For expenses, except taxes, o f tanking h ouse: Bepairs ........................................................................... 463 79 Insurance ...................................................................... 61 90 For expenses o f other real estate, v iz .: Repairs ........................................................................... 844 86 Insurance ...................................................................... 375 02 Taxes .............................................................................. 12,305 08 Other .............................................................................. 711 63 For other expenses, not including expenses o f other real estate nor other expenseso f tanking house.. 7,653 00 -------------------------------------- 6 8 ,0 7 0 33 F or rea l estate acqu ired b y foreclosu re, o r in settlem en t o f debts due th e b a n k ................................................................................. 182,923 70 O ther paym ents, v iz .: D efalcation ......................................................................... $30,107 32 Payments account Interest and taxes......................... 19,958 93 Liberty Loan Bond account............................................. 38 962 00 -------------------------------------- 8 9 ,0 2 8 25 Cash on hand and in banks o r tru st com panies D ecem ber 31, 1918, a fter tran sa ction s o f th e d a y ............................................... 375,331 57 $ 5 ,3 0 2 ,0 7 4 34 S T A T IS T IC A L IN F O R M A T IO N N um ber o f open a ccou n ts J an u ary 1, 1919.................................. 1 5 ,25 6 N um ber o f a ccou n ts opened or reopened du rin g th e y e a r -----1 ,6 8 9 N um ber o f accou n ts closed d u rin g th e y e a r .................................... 2 ,3 8 5 A m ount deposited du rin g th e yea r, n ot in clu d in g dividen ds cred ited fo r th a t p e rio d ..................................................................... $ 2 ,4 3 2 ,3 4 1 00 A m oun t w ith draw n d u rin g th e y e a r ............................................... 4 ,0 3 0 ,5 8 9 80 A m ount o f dividen ds cred ited and p a id fo r th e yea r, v iz .: July 1, 1918........................................................................... $274,202 08 January 1, 1918.................................................................... 260,726 26 5 3 4 .9 2 8 29 A verage am ount o f each accou n t J an u ary 1, 1919....................... 903 07 R ate per cen t, o f dividen ds to d ep ositors d u rin g th e s ix m on th s en din g Ju n e 30, 1918............................................................................ 4 R ate per cen t, o f dividen ds to dep ositors du rin g th e s ix m onths en din g D ecem ber 31, 1918............................. ................................... 4 T ota l earn ings o f th e bank fo r th e year 1918, a fter a llow in g fo r a m ortization o f prem ium s and d iscou n ts............................. $6 4 6,1 1 5 56 T ota l expenses o f th e bank fo r th e yea r 1918................................ 6 8 ,0 7 0 33 D ividends p a id to d ep ositors fo r th e y e a r 1918............................. 5 3 4 .9 2 8 29 N et earn in gs fo r th e yea r 1918 ov er expenses and dividen ds p a id to d ep ositors................................................................................... 4 3 ,1 1 6 94 168 R eport on S a v in g s B a n k s 67. CENTRAL SAVINGS BANE IN THE CITY OF NEW YORK [157 Fourth avenue; incorporated 1859 as German Savings Bank In the C ity o f New York] HUBERT C ILL I8. President. CARL GOSPEL, Vlce-Pres. BOW . C. SCHAEFER, Vice-President. ADOLF KO: CHAS. W . MU ADOLPH EBP! THBO. SCHORSKE, Secretary. , Com ptroller. T R U ST E E S BOW. C. SCHAEFER, R. SIEDENBURG, ALBERT TAG, LOUIS W ATJEN, THOMAS F . VIETOR, GEORGB LE ASE , CARL GOEPBL, ADOLF KUTTROFF, HUBERT C1LLIS, GUSTAVE SCHW AB, W ILLIAM SCHALL, F . W . LAFRENTZ, F . T . FLEITM ANN, JOSEPH F . STILLM AN. ERNST PFARRIUS, RUDOLF BRBSLOH, AUGUST ZINSSER, CARL L . SCJHURZ. GEORGE H . KRETZ, HENRY RUHLENDER. F IN A N C IA L RESOURCES B onds and m ortgages ...............................................................................$ 5 1 ,9 1 2 ,5 1 4 06 S tock and bon d in vestm en ts, v iz .: Par O riginal Estimated Stock* and bond* value cost market value United States .......................... 83,433,200 00 13,391,100 00 $3,433,20000 State ot New York................ 1,150,000 00 1,218,583 16 1,177, M0 00 State o f Alabama..................... 500,000 00 546,200 00 400,00000 State o f C alifornia............... 900,000 00 841,500 00 846,00000 State o f Louisiana.................. 250,000 00 250,156 25 250,000 00 State o f M aryland.................. 100,000 00 100,695 00 99,000 00 2, 320,406 50 1,921,500 00 State o f M assachusetts........ 2,150,000 00 State o f Tennessee................ 982,000 Oft 1,053,71* 99 1,014,170 00 State o f Utah.......................... 276,000 00 278,141 88 204,000 00 Cities in other State*............ 7,608,750 00 8,011,142 38 7,604,500 00 3,132,366 73 2,827,340 00 Cities in this State................ 3,030,000 00 Railroad mortgage b on d s.... 23,444,848 00 24,060,16141 20,245,129 28 $43,823,798 00 $45,194,263 89 $40,072,739 28 P rom issory n otes ................ ....................................................... ............ B an k in g h ouse and lo t , b od e valu e, $850,000; co st, $1,408,3 3 1 .0 8 ; a ctu a l cash v a lu e ................................................................... O ther rea l esta te, b ook valu e, $569,844.99; co st, $589,566.59; a ctu a l cash v a lu e ................................................................................... C ash on d ep osit in banks o r tr u s t com pan ies......... ........................ C ash on h a n d ............................................................................................... T ota l o f co lle ctib le in te re s t................................................................. 4 0 ,0 7 2 ,7 3 0 28 250 00 8 5 0 ,0 0 0 00 5 0 9 ,8 4 4 6 ,0 9 5 ,0 3 9 8 8 6 ,2 4 9 1 ,1 7 3 ,9 0 2 99 49 94 37 $ 1 0 1 ,5 6 1 ,1 4 0 13 LIAB ILITIES A m oun t du e d ep ositors, v iz .: .$91,283,000 48 S f t S S . - credited or to be credited fo r the six months ending w ith December 31, 1618..................... 1,719,82118 S u rp lu s on m ark et v a lu e ............................. ....................................... $ 9 3 ,0 0 2 ,8 2 1 66 8 ,5 5 8 ,3 1 8 47 $ 1 0 1 ,5 6 1 ,1 4 0 13 S u rplu s on par valu e, $12,309,377.19. C A SH T R A N SA C T IO N S D U R IN G TH E Y E A R 1918 RECEIPTS C ash on hand and in banks o r tr u s t com panies J an u ary 1, 1918, b efore tran sa ction s o f th e d a y ............................................ $ 8 ,0 7 2 ,1 9 4 F rom d ep ositors, nob in clu d in g dividen ds cred ited .................. 1 7 ,8 8 2 ,3 1 3 F rom in terest on loa n s, dep osits and in vestm en ts......................... 4 ,4 7 0 ,5 9 5 F rom ren ts from bankin g h ou se........................................................ 3 6 ,6 1 3 56 01 22 97 H ew Y ork 169 C ounty F rom ren ts from oth er real esta te ...................................................... F rom m ortgages ......................................................... .............................. F rom redem ption o f stock s and b on d s............................................... F rom stock s and bonds so ld (to ta l p a r valu e, $ 2 ,9 9 0 ,0 7 4 )-----F rom rea l esta te sold ............................................................................ F rom a ll oth er sou rces, v iz .: Rentals collected during foreclosures........................... $3,733 41 Insurance ............................................................................ 133 72 ------------------ $ 9 0 ,1 3 2 1 ,5 7 3 ,0 1 5 2 ,9 0 4 ,0 0 0 2 ,9 6 0 ,8 2 0 1 8 6 ,7 0 0 79 31 00 27 00 3 ,8 6 7 13 $ 3 8 ,1 8 0 ,2 0 2 86 PAYMENTS T o d ep ositors, in clu d in g dividen ds pa id to th em .........................$ 2 2 ,2 3 0 ,5 3 4 F or loan s on bonds and m o rtg a g e s ..................................................... 516,835 F or loan s on stock s and bonds and oth er secu rities.................... 250 F or stocks and bonds purchased, in clu d in g prem ium s, com m is sion s, etc. (to ta l pa r valu e, $ 7 ,8 5 1 ,0 0 0 )...................................... 7 ,8 0 9 ,8 5 3 F or in terest (oth er th an dividen d paym ents t o d e p o s ito r s )------15,927 F or cu rren t expenses o f th e bank, v iz .: For sa la ries......................................................................... $145,296 47 For taxes. Banking bouse, $18.196.50; surplus, $57,802.18 ............................................. 75,988 68 For expenses, except taxes, o f banking house: Repairs ......................................................................... 2,526 69 Insurance ...................................................................... 651 79 Other .............................................................................. 14,826 31 For expenses o f other real estate, v iz .: Repairs ......................................................................... 26,744 96 Insurance ...................................................................... 3,316 04 Taxes .............................................................................. 19,287 15 Other .............................................................................. 27,156 85 For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. 39,286 37 -----------------3 5 5,080 F or rea l estate a cqu ired b y foreclosu re, o r in settlem ent o f debts due th e b a n k ............................................................................... 2 5 4 ,M l O ther paym ents, v iz .: F oreclosu re costs — E xpenses on real e s t a t e .......................................................................................................... 1 5 ,7 9 0 Cash on hand and in banks o r tru st com panies D ecem ber 31, 1918,a fte r tran sa ction s o f th e d a y ................................................. 6 ,9 8 1 ,8 8 9 24 37 00 55 79 31 35 82 43 $ 3 8 ,1 8 0 ,2 5 2 86 S T A T IS T IC A L IN FO R M A TIO N N um ber o f open accou n ts Jan u ary 1, 1919...................................... 133,961 N um ber o f a ccou n ts opened o r reopened du rin g th e y e a r ____ 11,724 N um ber o f accou nts closed du rin g th e y e a r.................................... 19,256 A m ount dep osited du rin g th e yea r, n o t in clu d in g dividen ds cred ited fo r th a t p e rio d ................................................................... $ 1 7 ,8 8 2 ,3 1 3 61 A m oun t w ith draw n du rin g th e y e a r................................................. 2 2 ,2 3 0 ,5 3 4 24 A m ount o f dividen ds cred ited and p a id fo r th e yea r, v iz .: July 1, 1918........................................................................... $1,747,338 31 January 1, 1919.................................................................... 1,719,82118 3 .4 6 7 .1 5 9 49 A verage am ount o f each accou n t Ja n u a ry 1, 1919.................... 094 25 R ate p er cen t, o f dividen ds t o depositor® du rin g th e s ix m onths en din g Ju n e 30, 1918 .......................................................................... 4 R ate per cen t, o f dividen ds to d ep ositors du rin g th e six m onths en din g D ecem ber 31, 1918................................................................... 4 T ota l earn ings o f th e bank fo r th e year 1918, a fte r a llow in g fo r a m ortiza tion o f prem ium s and d iscou n ts............................. $ 4 ,5 0 5 ,7 3 2 28 T ota l expraises o f th e bank fo r th e yea r 1918................................ 3 5 5 ,0 8 0 31 D ividends p a id to dep ositors fo r th e y ea r 1918............................. 3 .4 6 7 .1 5 9 49 N et earn ings fo r the year 1918 ov er expenses and dividen ds p a id t o d ep ositors................................................................................... 6 8 3,492 48 170 R 68. eport on S a v in g s B a n k s CITIZENS* SAVINGS BANK, NEW YORK CITY [54-68 B ow ery; Incorporated I860! HENRY HASLER, President. CHARLES H. SMITH. Vice-Pres. JAMES ROWLAND, Vice-President. HENRY SAYLER, Secretary. EDWIN A . LAHM, Asst. Secretary. TRUSTEES CHAS. H. STEINW AY, HENRY HASLER, PERCIVAL KUHNE, JAMES ROWLAND, ARTHUR W . WATSON, JOHN C. JUHRING, JOHN M . FUCHS, DAVID c. TOWNSEND, CHARLES H . SMITH, JOHN A. BEALL, EDWARD H. TITUS, BARAK G. COLES, Ja. RICHARD A . BACHIA, JULIUS DE LONG, HENRY SAYLER, WARNER D. ORVIS, W ILLIAM H. SCHMIDT. AUGUSTUS W. KELLEY, EDWIN E. DICKINSON, SAMUEL R. MARSHALL, FRANK GULDEN. F IN A N C IA L RESOURCES B on ds and m o r tg a g e s ............................. S tock and bon d In vestm en ts, v iz .: Par Stocks and bonds value United S ta te s ......................... 11,653,650 00 State o f New York.................. 900,000 00 State o f M assachusetts........ 1,000,000 00 Cities in other S ta te s.......... 2,800,000 00 Cities in this S ta te ....'........ 3,126,000 00 $ 8 ,6 8 9 ,7 7 5 00 Original Estimated cost market value $1,642,480 00 $1,653,650 00 983,151 90 927.000 00 890.000 00 1,122,117 00 3,036,576 80 2,732,400 00 3,002,820 00 3,374,$$ 05 $9,479,650 00 $10,158,609 75 $9,205,870 00 9 ,2 0 5 ,8 7 0 00 B an kin g h ouse and lo t, b od e va lu e, $125,000; co st, $277,115.16; a ctu a l cash v a lu e ................................................................................... O ther rea l estate, b ook va lu e, $120,000; co st, $171,940.41; a ctu a l cash v a lu e ................................................................................... C a d i on d ep osit in banks o r tru s t com p a n ies............................. C ash on hand .............................................................................................. T o ta l o f co lle ctib le in t e r e s t ................................................................... A m oun t o f a ll oth er assets, v iz .: U . S . W a r S avin gs and T h rift S ta m p s .................................................. ..................................................... 1 2 5 .0 0 0 00 120.000 00 1 ,1 9 1 ,9 6 0 76 2 4 0 ,0 5 9 22 187,433 89 292 62 $ 1 9 ,7 6 0 ,3 9 1 49 LIAB ILITIES A m oun t due d ep ositors, v iz .: Principal .............................................................................. $17,182,131 72 Dividends credited or to be credited fo r the six months ending with December 31, 1918..................... 310,373 24 ------------------ $ 1 7 ,4 9 2 ,5 0 4 96 S u rp lu s on m ark et va lu e ...................................................................... 2 ,2 6 7 ,8 8 6 53 $ 1 9 ,7 6 0 ,3 9 1 49 S u rp lu s on p a r va lu e, $2,541,666.53. C A SH T R A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS Cash on hand and in banks o r tr u s t com panies J a n u a ry 1, 1918, b efore tra n sa ction s o f th e d a y ...........................................$ 1 ,5 0 3 ,8 4 1 57 F rom d ep ositors, n o t in clu d in g dividen ds cre d ite d .................... 4 ,7 0 9 ,8 2 2 74 F rom in terest on loa n s, d ep osits a n d in vestm en ts.................... 7 7 1 ,2 8 0 01 F rom ren ts from ban kin g h ou se...................... 7 ,2 1 5 00 F rom ren ts from oth er rea l esta te ..................................................... 1 0 ,69 5 58 F rom m o r tg a g e s ......................................................................................... 150,475 00 F rom redem ption o f stock s and b on d s............................................. 5 9 5 ,0 0 0 00 F rom stock s and bonds sold (to ta l p a r va lu e, $ 1 8 7 ,1 0 0 )............ 1 8 7 ,1 0 0 00 F rom re a l esta te s o ld .............................................................................. 4 8 ,5 0 0 00 N ew Y ork C 171 oun ty F rom a ll oth er sou rces, v iz .: Profit and loss account................................................... Insurance account ............................................................ $2,342 17 98 40 ------------------ $ 2 ,4 4 0 57 $ 7 ,9 8 6 ,3 7 0 47 PAYMENTS T o dep ositors, in clu d in g dividen ds p a id to th em ......................... $ 4 ,1 7 0 ,3 9 5 4 5 ,5 0 0 F or loan s on bonds and m ortga ges.................................................... F or stock s and bonds purchased, in clu d in g prem ium s, com m is 2 ,1 4 1 ,8 3 0 sion s, etc. (to ta l p a r valu e, $ 2 ,1 5 3 ,0 0 0 ).................................... 3 ,6 5 1 F or in terest (o th e r than dividen d paym ents to d e p o s ito r s ). . F or cu rren t expenses o f the bank, v iz .: For salaries ........................................................................ $53,390 00 For ta x es: Banking bouse, $3,187.33; surplus, $20,864.54 ............................................................................ 24,051 87 For expenses, except taxes, o f banking house: Repairs ........................................................................... 1,370 75 Insurance ...................................................................... 1,974 95 For expenses o f other real estate, v iz .: Repairs ........................................................................... 6,299 47 Insurance ...................................................................... 1,092 11 T a x e s.............................................................................. 2 797 78 For other expenses, not including expenses o f other real estate nor other expenses of banking house.. 12,672 05 103,648 F or rea l estate acquired by foreclosu re, o r in settlem en t o f 8 7 ,8 6 0 debts due th e b a n k ................................................................................ O ther paym ents, v iz .: C om m issions and in su ran ce prem ium s 1,1 71 advanced .................................................................................................. Cash on hand and in banks or tru st com panies D ecem ber 31, 1 ,4 3 2 ,3 1 2 1918, a fter tran sa ction s o f th e d a y ............................................... 16 00 00 56 98 77 40 60 $ 7 ,9 8 6 ,3 7 0 47 S T A T IS T IC A L IN F O R M A T IO N N um ber o f open accou nts Jan u ary 1, 1919 ................................... 2 7 ,3 6 3 N um ber o f accou n ts opened o r reopened du rin g th e y e a r...... 4 ,0 5 4 N um ber o f accou n ts closed du rin g th e y e a r................................... 3 ,6 6 7 A m ount dep osited du rin g th e yea r, n o t in clu d in g dividen ds cred ited fo r th a t p e rio d ........................................................................$ 4 ,7 0 9 ,8 2 2 74 A m oun t w ith draw n du rin g th e y e a r............................................... 4 ,1 7 0 ,3 9 5 16 A m ount o f dividen ds cred ited and pa id fo r th e yea r, v iz .: July 1, 1918........................................................................... $304,380 23 January 1, 1919.................................................................... 310,373 24 -----------------614,7 5 3 47 A verage am ount o f each accou nt Jan u ary 1, 1919......................... 639 27 N um ber o f accou nts w hich exceeded $3,000, exclu sive o f d iv i dends cred ited , a t th e la st tria l' balance o f dep ositors’ ledgers, excep t dep osits a risin g from society accou n ts, or ju d icia l sales, o r tru st fu n ds, or b y ord er o f a cou rt o f record o r o f a su rrog a te................................................................................... 1 T ota l am ount o f such a ccou n ts............................................................ $ 7 ,0 3 9 00 R ate per cen t, o f dividen ds to d ep ositors du rin g th e s ix m onths ending Jun e 30, 1918.......................................................................... 4 R ate per cen t, o f dividen ds to dep ositors du rin g th e six m onths ending D ecem ber 31, 1918................................................................. 4 T ota l earn ings o f th e bank fo r th e year 1918, a fter a llow in g fo r am ortiza tion o f prem ium s and d iscou n ts............................. $ 7 7 6,0 2 0 68 T ota l expenses o f th e bank fo r th e yea r 1918.................................. 103,648 98 D ividends paid to dep ositors fo r th e yea r 1918............................. 6 1 4 ,7 5 3 47 N et earn ings fo r th e yea r 1918 over expenses and dividen ds p a id to dep ositors .............................................................................. 5 7 ,6 1 8 23 172 R eport on S a v in g s B anks 69. COMMONWEALTH SAVINGS BANK OF NEW YORK CITY [2007 Amsterdam avenue; incorporated 1810] JOHN H. BOSCHEN, President. JOHN A . MURRAY, Vice-Pres. HERMAN W . BEYER. JOHN H. BOSCHEN. GEORGE H. HYDE, JOHN R. DAVIES, PRANK B. FRENCH, SIGMUND WEGHSLER, CHARLES S. GAUBERT, VALENTINE J. HAHN, LOUIS K. UNGRICH, Vice-Pres. CHARLES S. GAUBERT, Secretary. T R U ST E E S CORNELIUS HUTH, THOMAS F. McAVOY. JOHN A. MURRAY. CHRISTIAN SCHISftLOH, WM. F. SCHNEIDER, GUSTAV SCHOLER. DONALD G. C. SINCLAIR, JOHN T. M cNEILL, LOUIS K . UNGRICH, MARTIN WALLACE, BURTON J. W ILKE, CHARLES W. APPLETON, OTTO H. SCHLOBOHM, FREDERICK KEIM, JOHN B. O’CONNELL, DANIEL F. MAHONY, Ja. W ILLIAM S. GREGORY. F IN A N C IA L RESOURCES B on ds and m ortgages ...................................................... S tock and bond investm ents, v iz .: Par Original Estimated Stocks and bonds value cost market value United States........................... $87,367 36 $87,365 36 $87,365 36 Cities in other States............ 15,000 Oft 15,465 28 15,150 00 106,200 Oft Cities in this State.................. 110,000 00 107,326 99 School districts in this State 4,600 Oft 4,894 09 4,806 Oft Railroad mortgage bonds— 229,000 00 216,081 62 202,110 00 $446,965 36 $431,133 35 $ 9 5 1,0 0 0 00 $415,631 36 4 1 5 ,6 3 1 36 O ther rea l esta te, b ook va lu e, $24,672.50; co st, $24,672.50; a ctu a l cash v a lu e ................................................................................... Cash on d ep osit in banks o r tru st com p a n ies........................... C ash on hand ............................................................................................. T o ta l o f collectib le in te re st................................................................... A m ou n t o f a ll oth er asset#, v iz .: Furniture and fixtures...................................................... $1,000 00 Liberty Bond's held fo r subscribers............................... 47,697 50 41 75 U. S. T h rift Stamps........................................................... 2 4 ,6 7 2 1 9 1 ,6 2 4 1 2 ,3 6 4 2 4 ,7 9 1 50 20 87 68 4 8 ,7 3 7 25 $ 1 ,6 6 8 ,8 2 1 86 LIABILITIES A m ou n t du e d ep ositors, v iz .: Principal .............................................................................. $1,613,136 44 Dividends credited or to be credited for the six 26,072 64 months ending w ith December 31, 1918........................ ---------------------- $ 1 ,6 3 9 ,2 0 9 08 Su rplu s on m arket v a lu e ..................................................................... 2 9 ,6 1 2 78 $ 1 ,6 6 8 ,8 2 1 86 S u rplu s o n par valu e, $59,946.78. C A SH T R A N SA C T IO N S D U R IN G TH E Y E A R 1918 RECEIPTS Cash on hand and in banks o r tr u s t com panies J an u ary 1, 1918, b efore tran sa ction s o f th e d a y ........................................... P rom d ep ositors, n ot in clu d in g dividen ds cre d ite d .................... F rom in terest on loa n s, dep osits and in vestm en ts.................... F rom ren ts from oth er rea l esta te .................................................... F rom m ortgages ......................................................................................... F rom redem ption o f stock s and b on d s............................................... F rom stock s and bonds sold (to ta l par va lu e, $ 1 ,1 6 6 .1 2 )......... F rom rea l esta te so ld .......................................................................... $ 9 4 ,8 7 2 9 7 8 ,6 6 0 6 8 ,7 0 1 108 3 2 ,3 5 0 3 ,0 0 0 1 ,1 6 6 9 ,4 5 0 40 32 83 00 00 00 12 00 H ew Y ork C 173 oun ty F rom a ll oth er sources, v iz .: Liberty Loan. Bonds................................. U. S. certificates o f indebtedness........ W ar Savings Stamps, T h rift Stam ps.. Fire insurance premium......................... $112,459 SO 50,009 00 1,765 74 6 60 --------------- $104,231 84 $ 1 ,3 8 2 ,5 4 0 51 PAYMENTS T o d ep ositors, in clu d in g dividen ds p a id to th em ......................... F or loan® on bonds and m ortga ges................................................... F or stoek s and bonds purchased, in clu d in g prem ium s, com m is sion s, etc. (to ta l p a r valu e, $ 6 8 ,5 3 4 )........................................... F or in terest (oth er than divdend paym ents to d e p o s ito r s )-----F or cu rren t expenses o f th e bank, v iz .: For salaries ........................................................................ $6,606 34 F or expenses, except taxes, o f banking house: Repairs ........................................................................... 228 72 Insurance ...................................................................... 26 94 For rent o f banking room s........................................ 1,209 09 For expenses o f other real estate, v iz .: Repairs ........................................................................... 16 10 Taxes .............................................................................. 1,398 55 Other .............................................................................. 69 40 For other expenses, not including expenses o f other real estate nor otherexpenses o f banking house.. 78448 $ 7 57,380 61 5 9 ,5 0 0 00 6 3 ,8 6 6 50 302 37 10,229 53 F or rea l estate acqu ired b y foreclosu re, o r in settlem en t o f debts due th e b a n k ................................................................................. O ther paym ents, v iz .: • Commission selling real estate........................................ $212 38 Liberty Loan Bonds, U. S. certificates o f indebtedness 227,005 Oft T h rift Stamps, fire insurance premium........................ 1,014 68 2 9 ,0 4 0 37 2 2 8 ,2 3 2 06 Cash on hand and in banks o r tru st com panies D ecem ber 31, 1918, a fter tran sa ction s o f th e d a y ............................................... 2 0 3 ,9 8 9 07 $ 1 ,3 5 2 ,5 4 0 51 .S T A T IS T IC A L IN FO R M A TIO N N um ber o f open accou nts Janu ary 1, 1919...................................... N um ber o f accou nts opened o r reopened du rin g th e y e a r .. . . N um ber o f accou n ts closed du rin g th e y e a r .................................... A m ount dep osited du rin g th e yea r, n o t in clu d in g dividen ds cred ited fo r th a t p e r io d ....................................................................... A m ount w ith draw n du rin g th e y e a r.................................................... A m ount o f dividen ds cred ited and p a id fo r th e yea r, v iz .: July 1, 1918........................................................................... $25,106 64 January 1, 1919.................................................................... 26,072 64 A verage am ount o f each accou n t J a n u a ry 1, 1919.................... R ate per cen t, o f dividen ds t o d ep ositors du rin g th e s ix m onths en din g Jun e 30, 1918............................................................................ R ate per cen t, o f dividen ds to d ep ositors du rin g th e six m onths ending D ecem ber 31, 1918................................................................. T ota l earn ings o f th e bank fo r th e yea r 1918, a fte r a llow in g fo r am ortiza tion o f prem ium s and d iscou n ts............................. T ota l expenses o f th e bank fo r th e y ea r 1918............................. D ividends paid to dep ositors fo r th e yea r 1918............................. N et earn ings fo r th e yea r 1918 ov e r expenses and dividen ds paid to depositor® ................................................................................... 8 ,5 3 9 2 ,5 4 7 1 ;5 58 $ 9 78,660 32 7 5 7 ,3 8 0 61 5 1 .1 7 9 28 191 97 4 4 $ 7 1 ,1 8 9 62 1 0,229 53 5 1 .1 7 9 28 9 ,7 8 0 81 174 R eport on S a v in g s B anks 70. DRY DOCK SAVINGS INSTITUTION, NEW YORK CITY [841 B ow ery; Incorporated 1848] ANDREW M ILLS. President. WM. F. PATTERSON, Vice-President. BENJ. DiflP. CURTISS, Vice-President. ANDREW M ILLS, FREDERICK ZITTEL, JOHN A. TACKABERRY, W ILLIAM S. GRAY, BENJ. DBF. CURTISS, RICHARD T. DAVIDS, Vice-President. SAMUEL WEBSTER. Secretary. FRERERIGK SHERWOOD, Treasurer. TR U ST E E S W. M. BENNETT, WALTER E. FREW, WM. H . REMICK. LORENZO DANIELS, WM. F. PATTERSON. GEORGE B. HODGMAN. RICHARD T. DAVIES, ANDREW MILLS. Jr ., WALDRON P. BELKNAP, AUGUSTUS H. TENNIS, F IN A N C IA L RESOURCES B on ds and m ortga ges.................................................................................$ 2 8 ,9 7 7 ,2 7 5 00 S tock and bond in vestm ent, v iz .: Par O riginal Estimated Stocks and bonds value cost market value United States............................. $7,990,850 00 $7,966,316 20 $7,990,850 00 200,000 00 201,000 00 202,000 00 State o f New York.................. State o f M aryland.............. 100,000 00 94,524 36 95,000 00 State o f C alifornia.................. 100,000 00 96,623 20 97,000 00 250,000 00 257,740 23 257,500 00 State o f Tennessee.................. State o f M assachusetts.......... 900,000 00 980,557 50 810,000 00 Cities in other States........... 4,578,000 00 4,858,396 03 4,480,755 00 4,927,1® 75 4,691,897 20 Cities in this State................ 4,783,02894 Railroad mortgage bonds---- 8,869,000 00 9,437,976 20 8,222,180 00 $27,770,878 94 $28,820,319 47 $26,847,182 20 ........... -..................... ............■......... 2 6 ,84 7 f 182 B an k in g h ouse and lo t, b ook valu e, $150,000; cost, $568,571.31; a ctu a l cash v a lu e ................................................................................... 1 5 0 ,0 0 0 O ther rea l esta te, b ook valu e, $93,083.54; co st, $109,771.06; a ctu a l cash v a lu e ................................................................................... 9 3 ,0 8 3 2 ,8 4 6 ,9 5 1 C ash on d ep osit in banks o r tru st com pan ies................................... C ash on h an d ................................................................................................. 1 ,3 1 4 ,8 5 7 T o ta l o f collectib le in te re st...................................................................... 9 0 8 ,6 9 1 A m ou n t o f a ll oth er a ssets, v iz .: U . S.W a r S avin gs S ta m p s .. 2 ,4 4 4 LIAB ILITIES 20 00 54 89 53 14 00 $ 6 1 ,1 4 0 ,4 8 5 30 ....................- ........ . A m ou n t due d ep ositors, v iz .: Principal .............................................................................. $55,027,488 36 Dividends credited o r to be credited fo r the six months ending with December 31, 1918..................... 844,649 39 ------------------ $ 5 5 ,8 7 2 ,1 3 7 75 O ther lia b ilitie s , v iz .: E xpenses in cu rred bu t u n paid, ta x e s .. 2 4 ,0 0 0 00 S u rplu s on m arket v a lu e. . ...................................................................... 5 ,2 4 4 ,3 4 7 55 S u rplu s on par va lu e, $6,168,044.29. $ 6 1 ,1 4 0 ,4 8 5 30 : ■■ , C A SH T R A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS C a d i on hand and in banks o r tru s t com panies Ja n u a ry 1, 1918, b efore tra n sa ction o f th e d a y ............................................... $ 3 ,9 4 8 ,9 9 5 35 F rom d ep ositors, n ot in clu d in g dividen ds cred ited ......................... 1 7 ,7 5 8 ,3 1 1 29 F rom in terest on loa n s, d ep osits and in vestm en ts......................... 2 ,4 8 2 ,2 3 2 93 F rom ren ts from oth er rea l esta te...................................................... 2 ,6 4 4 05 F rom m o r tg a g e s .......................................................................................... 4 9 9 ,7 0 0 00 F rom redem ption o f stock s and b on d s............................................... 6 ,2 3 5 ,3 0 0 00 F rom stock s and bonds s o ld (to ta l p a r valu e, $ 1 ,4 7 7 ,3 5 0 .0 0 ).. 1 ,4 7 1 ,3 5 0 00 F rom bankers’ acceptances and b ills o f exch a n ge........................... 9 6 6 ,6 7 6 38 F rom a ll oth er sou rces, v iz .: S a le o f scra p ir o n ........................... 45 25 $33,365,255 25 N ew Y ork C oun ty 175 PAYMENTS 03 T o d ep ositors, in clu d in g dividen ds p a id to th em ............... $ 1 4 ,M 3 ,3 1 8 F or loa n s on bonds and m ortga ges....................................... 0 0 3 ,0 0 0 00 F or bankers’ a ccep tan ces and b ills o f exch an ge................. 9 6 6 ,6 7 6 38 F or stock s and bonds purchased, in clu d in g prem ium s, com m is sion s, etc. (to ta l pa r valu e, $ 1 2 ,7 8 8 ,4 0 0 .0 0 )................... 1 2 ,7 6 4 ,2 2 4 26 F or in terest (oth er than dividen d paym ents to d e p o s ito r s ). . . 1 3 ,71 3 10 F or cu rren t expenses o f th e bank, v iz .: For salaries ........................................................................ $95,767 66 For ta xes: Banking house, $4,992.65; surplus, 46,837 91 $41,845.26 ...........-................................................................. For expenses, except taxes, o f banking h ouse: R ep a irs........................................................................... 903 46 Insurance ...................................................................... 605 04 For expenses o f other real estate, v iz .: Repairs ........................................................................... 1,322 03 Insurance ...................................................................... 363 31 Taxes ............................................................................ 2,216 10 For other expenses, not including expenses o f other real estate n or other expenses o f banking (house.. 23,965 35 -----------------1 7 1 ,0 7 0 80 F or rea l esta te acq u ired b y foreclosu re, o r in settlem en t o f 4 8 ,0 0 8 26 debt® due th e b a n k .............................................................................. • O ther paym ent®, v iz .: W a r S avin gs S ta m ps.................................. 1 ,5 4 5 00 Cash on hand in banks or tru st com panies D ecem ber 31, 1018, a fte r tra n sa ction s o f th e d a y ............................................................. 4 ,1 6 1 ,8 0 0 42 $ 3 3 ,3 6 5 ,2 5 5 25 S T A T IS T IC A L IN FO R M A TIO N N um ber o f open accou n ts Jan u ary 1, 1010.................................... 8 7 ,17 5 N um ber o f a ccou n ts opened o r reopened du rin g th e y e a r .. . . 17,608 N um ber o f a ccou n ts closed du rin g the y e a r .................................... 14,768 A m ount dep osited du rin g th e yea r, n ot in clu d in g dividen ds cred ited fo r th a t p e rio d ........................................................................$ 1 7 ,7 5 8 ,3 1 1 28 A m oun t w ith draw n du rin g th e y e a r................................................. 1 4 ,2 4 3 ,3 1 8 03 A m ount o f dividen ds cred ited and p a id fo r th e yea r, v iz .: July 1, 1918........................................................................... $826,792 47 January 1, 1916..................................................................... 844,649 39 ------------------ 1 ,6 7 1 ,4 4 1 86 A verage am ou nt o f each accou nt Janu ary 1, 1010......................... 631 23 R a te per cen t, o f dividend® to dep ositors du rin g th e six m onths ending Jun e 30, 1018............................................................................ 3% R ate per cen t, o f dividend® t o d ep ositors d u rin g th e six m on th s en din g D ecem ber 31, 1018................................................................... 3% T ota l earn in gs o f th e bank fo r th e year 1018, a fter a llow in g fo r a m ortiza tion o f prem ium s an d d iscou n ts........................ $ 2 ,4 6 8 ,3 0 4 03 T ota l expenses o f th e bank fo r th e yea r 1018.................................... 1 7 1 ,0 7 0 80 D ividends p a id t o d ep ositors fo r th e year 1018............................. 1 ,6 7 1 ,4 4 1 86 N et earn in gs fo r th e yea r 1018 over expenses and dividen ds p a id to d ep ositors................................................................................... 6 2 4 ,0 8 2 27 176 R eport on S a v in g s B anks 71, THE EAST RIVES SAVINGS INSTITUTION, HEW YORK CITY [291-295 Broadway; incorporated 1848J T>ICK S. RAMSAY, President. HENRY T. NICHOLS, Vice-President. DANIEL W . WHITMORE, Vice-President. g S a & W J B S v s w TR U ST E E S HENRY T. NICHOLS, CHAS. A. O’DONOHUE, DICK S. RAMSAY, W ILLIAM C. TABER. W ILLIAM C. SMITH. JULIAN D. frAJRCHlkD, DANIEL W. WHITMO RE, JAMES B. CLEWS, PERCY C MAGNUS, J. FRED. PIERSON, JULIAN P . FAIRCHILD, DARWIN R. JAMES, Jn., JAMES A. SMITH. CHARLES B. PERKINS, FRANK A. HORNE, FRED. G. FISCHER. FIN AN C IAL RESOURCES .$ 1 7 ,5 0 9 ,4 2 0 00 R on ds and m ortga ges................................ S tock and bond in vestm ents, v iz .: Original Estimated Par market value Stocks and bonds value cost United S ta te s......................... $3,461,300 00 $3,461,300 00 $3,461,300 00 800,900 00 State of New York............... 841,500 00 850,000 00 1,328,506 15 State o f Massachusetts........ 1,250,000 00 1,124,000 00 99,625 00 State o f Tennessee................ 100,000 00 96,000 00 3,246,486 44 3,072,940 00 Cities in other States........... 3,143,000 00 Claes in this State................ 6,785,500 00 6,725,860 31 6,426,910 00 205,900 00 Counties In th is State............ 210,000 00 229,267 50 36,574 92 Town* in this State............... 36,000 00 37,080 00 3,199,640 00 R ailroad mortgage bonds— 3,853,000 00. 3,702,311 75 $19,688,800 00 $19,690,831 07 $18,465,270 00 ...................... ............ ..................... 1 8 ,4 9 5 ,2 7 0 B anking h ouse and lo t, b ook va lu e, $ 1 ,300,000; co st, $1,596,9 8 5 .7 4 ; a ctu a l cash v a lu e ................................................................... 1 ,3 0 0 ,0 0 0 O ther rea l estate, book valu e, $599,874.08; cost, $599,874.08; a ctu a l cash v a lu e ................................................................................... 5 9 9 ,8 7 4 C ash on d ep osit in banks o r tru st com p a n ies.................................... 8 5 4 ,7 8 4 Cash on ban d .............................................................................................. 11,401 T o ta l o f co lle ctib le in te re s t................................................................... 3 6 2 ,3 3 5 A m ou n t o f a ll oth er assets, v iz .: R en t a ccru ed ........................... 575 $ 3 9 ,1 0 3 ,6 6 0 LIAB ILITIES ~ .......... A m ou n t du e d ep ositors, v iz .: Principal ............................................................................. $34,580,440 04 Dividends credited o r to be credited fo r the six months ending w ith December 31, 1918....................... 668,335 34 ------------------ $ 3 5 ,2 4 8 ,7 7 5 O ther lia b ilitie s , v iz .: L ib erty B onds d ep osits............................. 1 7 ,73 2 S u rp lu s o n m arket v a lu e .......................................................................... 3 ,8 3 7 ,1 5 2 S u rplu s on p a r valu e, $5,060,682.77. 00 00 08 12 86 92 00 98 38 83 77 $ 3 9 ,1 0 3 ,6 6 0 98 . C A SH TR A N SA C T IO N S D U R IN G TH E Y E A R 1918 RECEIPTS C ash on hand and in banks o r tr u s t com panies Jan u ary 1, 1918, b efore tran sa ction s o f th e d a y ............................................... $ 5 ,1 6 6 ,3 6 4 94 F rom d ep ositors, n o t in clu d in g dividen ds cre d ite d ....................... 6 ,2 2 5 ,7 8 0 93 F rom in terest on loa n s, d ep osits and in vestm en ts......................... 1,68*2,146 16 F rom ren ts from ban kin g h ou se........................................................ 121,897 12 F rom ren ts from oth er rea l e sta te ...................................................... 6 6 ,0 5 5 76 F rom m ortgages ........................................................................................ 7 3 1 ,9 7 0 00 F rom redem ption o f stock s and b on d s............................................... 3 ,6 0 5 ,8 0 0 00 F rom sto ck s and bon d s sold (to ta l p a r va lu e, $ 2 0 5 ,3 5 0 )........... 2 0 5 ,3 5 0 00 F rom a ll oth er sou rces, v iz .: N ew Y ork C m oun ty Satisfactions, appraisal fees, refund account........... From tenants for repairs, for power and heat........... Liberty Loan Bonds......................................................... $4,330 78 1,497 80 100,847 02 ------------------ $ 1 0 6,0 7 5 58 $ 1 7 ,9 1 2 ,0 4 0 49 PAYMENTS ............... T o d ep ositors, in clu d in g dividen ds p a id to th em ........................... $ 9 ,4 1 2 ,7 3 8 66 F or loan s on bonds and m ortga ges...................................................... 4 1 9 ,7 5 0 00 F or stock s a n d bonds purchased, in clu d in g prem ium s, com m ission s, etc. (to ta l p a r valu e, $ 6 ,8 5 0 ,2 0 0 ).................................. 6 ,8 5 0 ,2 0 0 00 F or in terest (oth er than dividen d paym ents to d e p o s ito r s ). . 5 ,7 3 2 85 F or cu rren t expenses o f th e bank, v iz .: For salaries......................................................................... $36,651 15 For ta xes: Banking house, |28,572.48; surplus, $27,782.97 ; ............................................... 56,355 45 For expenses, except taxes, o f banking h ouse: Repairs ......................................................................... 23,445 64 Insurance ...................................................................... 1,189 78 Other .............................................................................. 41,680 50 20,000 00 For rent o f banking room s.................... F or expenses o f other real estate, v iz .: R ep a irs........................................................................... 17,900 60 Insurance ...................................................................... 2,156 32 Taxes .............................................................................. 14,466 36 Other .............................................................................. 14,684 84 For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. 6,940 77 -----------------2 3 5 ,4 7 0 4 1 F or rea l estate acqu ired b y foreclosu re, o r in settlem en t o f debts due th e bank .............................................................................. • 13 ,88 4 40 O ther paym ents, v iz .: Repairs to banking house.............................................. $3,159 91 Repairing fire damage...................................................... 2,199 50 Liberty Loan Bonds........................................................... 102,718 78 -----------------1 0 8 ,0 7 8 19 Cash on hand and in banks or tru s t com panies D ecem ber 31, 1918, a fter tran sa ction s o f th e d a y ................................................. 866,185 98 $ 1 7 ,9 1 2 ,0 4 0 49 S T A T IS T IC A L IN F O R M A T IO N 3 1 ,93 1 N um ber o f open a ccou n ts J a n u a ry 1 ,1 9 1 9 ........................................ N um ber o f accou n ts opened o r reopened du rin g th e y e a r........... 3 ,8 9 7 4 ,9 7 9 N um ber o f a ccou n ts closed d u rin g th e y e a r .................................. A m ount dep osited d u rin g th e yea r, n o t in clu d in g dividen ds cred ited fo r th a t p e r io d ....................................................................... $ 6 ,2 2 5 ,7 8 0 93 A m ount w ith draw n d u rin g th e y e a r................................................... 9 ,4 1 2 ,7 3 8 66 A m ount o f dividen ds cred ited an d p a id fo r th e yea r, v iz .: July 1, 1918........................................................................... $690,550 84 January 1, 1919.................................................................... 668,335 34 1 ,3 5 8 ,8 8 8 18 A verage am ount o f each accou n t J an u ary 1, 1919......................... 1 ,1 42 62 N um ber o f accou n ts w hich exceeded $3,000, exclu sive o f d iv i dends cred ited , a t th e la s t tr ia l balance o f d ep ositors’ ledgers, excep t d ep osits a risin g from so ciety accou n ts, o r ju d ic ia l sa les, o r tru st fu n ds, o r b y ord er o f a cou rt o f record o r o f a su rroga te .................................................................................................. 4 T ota l am ount o f such a ccou n ts............................................................ $ 1 3 ,5 4 5 53 R ate per cen t, o f dividen ds t o dep ositors du rin g th e s ix m onths ending Jun e 30, 1918.................. ......................................................... 4 R ate per cen t, o f d iv id en d s t o dep ositors du rin g th e s ix m onths en din g D ecem ber 31, 1918..................................................................... 4 T ota l earn in gs o f th e bank fo r th e yea r 1918, a fter a llow in g fo r a m ortiza tion o f prem ium s and d iscou n ts............................... $ 1 ,8 6 8 ,4 9 8 76 T ota l expenses o f th e bank fo r th e year 1918.................................. 2 3 5 ,4 7 0 41 D ividends p a id to d ep ositors fo r th e yea r 1918............................. 1 ,3 5 8 ,8 8 6 18 N et earn in gs fo r th e yea r 1918 over expenses an d d ivid en d s p a id t o d e p o s ito r s ................................................................................... 2 7 4 ,1 4 2 17 178 78. R eport on S a v in g s B anks EMIGRANT INDUSTRIAL SAYINGS BANK, NEW YORK CITY [SI Chambers street; Incorporated 1850] JOHN J. PULLEYN, President. LOUIS V. O’DONOHUE, Secretary. MYLES TIERNEY, V ice-President JOHN S. DALY. Com ptroller. JAMES CLARKE, Vice-President. JOHN T. BRENNAN, Deputy Com ptroller. TR U ST E E S F. F. FITZPATRICK. JOHN J. PULLEYN, L. V . O’DONOHUE, ROBERT L. HOGUET, C. V. FORNES, JOHN G. O’KEEFFE, EDWARD F. MCMANUS, M3T1.ES TIERNEY, HENRY HEIDE. NICHOLAS F. BRADY, JOHN J. DEERY, JOSEPH P. GRACE. THOMAS W. JOHNSON, M. F. MCDERMOTT, JOHN D. RYAN, FRANK S. GANNON. JAMES CLARKE, THOMAS E. MURRAY, F IN A N C IA L RESOURCES B onds and m ortga ges............................. ...................................................$ 8 5 ,0 6 5 , §78 00 S tock and bond investm ents, v iz .: Par O riginal Estimated Stocks and bonds value cost market value United States ........................ $11,000,000 00 $10,851,243 80 $11,000,000 00 State o f New York.................. 7,100,000 00 7,311,712 11 7,251,00000 State o f Alabama.................. 1,000,000 00 1,068,088 62 980,00000 State o f Arizona...................... 250,000 00 252,721 75 255,00000 State o f California............... 834,000 00 826,008 64 834,59000 State o f M assachusetts......... 1,855,000 00 1,980,421 49 1,634,56000 State Of New M exico............ 250,000 00 251,875 00 247,60000 Cities in other States............ 5,900,138 00 6,055,954 36 5,837,86619 Cities in this State............... 12,752,948 55 13,610,124 41 13,003,83053 Counties in this State........... 1,406,208 66 1,469,794 79 1,475,77700 Towns In this State............... 1,022,884 57 1,061,635 66 1,062,15765 V illages in this State........... 18,000 00 18,189 48 17,41500 Railroad mortgage b o n d s.... 45,190,152 58 46,028,671 40 41,311,80412 $88,579,332 36 $90,686,351 51 $84,911,500 # P rom issory n otes ........................................................................................ B an kin g house and lo t, b ook va lu e, $2,750,000; cost, $4,441, 63 6 .3 3 ; a ctu al cash va lu e ................................................................. O ther rea l esta te, book valu e, $2,250,416.88; co st, $2,250,4 1 6 .8 8 ; a ctu a l cash v a lu e ................................................................... Cash on d ep osit in ban ks o r tru st com pan ies................................ Cash on h a n d ............................................................................................. T o ta l o f co lle ctib le in te re st.................................................................... A m oun t o f a ll oth er assets, v iz .: Liberty Bonds fo r subscribers........................................ $266,000 00 U. S. certificate o f indebtedness.................................. 1,000,000 00 ------------------ 8 4 ,9 1 1 ,5 0 0 49 1 2 ,7 3 9 02 2 ,7 5 0 ,0 0 0 00 2 ,2 3 2 ,5 0 0 5 ,5 7 1 ,2 4 1 1 ,0 1 5 ,5 8 6 2 ,7 2 4 ,3 9 0 00 57 35 80 1 ,2 6 6 ,0 0 0 00 $ 1 8 5 ,5 4 9 ,5 3 6 23 .......... LIAB ILITIES A m oun t du e d ep ositors, v iz .: P rin cip a l.............................................................................$171,782,823 30 Dividends credited or to be credited fo r the six months ending w ith December 31, 1918..................... 3,257,528 57 $ 1 7 5 ,0 4 0 ,3 5 1 87 O ther lia b ilitie s , v iz .: L ib erty B ond d e p o sits.................................. 2 1 ,8 9 0 00 S u rplu s on m ark et v a lu e ...................................................................... 1 0 ,4 8 7 ,2 9 4 36 $ 1 8 5 ,5 4 9 ,5 3 6 23 S u rplu s on p a r va lu e, $14,155,126.23. C A SH T R A N SA C T IO N S D U R IN G TH E Y E A R 1918 RECEIPTS Cash on hand and in banks o r tru s t com panies Ja n u a ry 1, 1918, b efore tra n sa ction s o f th e d a y ............................................. $ 8 ,9 8 8 ,4 9 4 F rom d ep ositors, n ot in clu d in g dividen ds cred ited .................... 3 7 ,0 1 5 ,5 8 9 F rom in terest on loa n s, d ep osits and in v e s tm e n ts ......................... 7 ,8 8 0 ,0 7 6 F rom ren ts from ban k in g h ou se ........................................................ 2 2 6 ,7 6 3 F rom ren ts from oth er rea l esta te .................................................... 9 9 ,1 9 9 F rom m ortga ges ........................................................................................ 2 ,5 7 3 ,9 7 4 F rom redem ption o f stock s and b o n d s ............................................... 6 ,6 2 4 ,4 6 9 F rom bankers’ acceptances and M ils o f e x c h a n g e ......................... 5 3 2 ,3 0 3 F rom rea l esta te s o l d ............................................................................... 1 1 ,8 0 0 09 72 60 37 47 00 00 56 00 H ew Y F rom a ll oth er sou rces, v iz .: Liberty Loan Bonds...................... Sale o f old machinery................... Discounted bank books.................. Closing sundry dormant accounts. ork C ounty 179 $2,030,535 00 4,500 00 19,604 75 2,115 75 ------------------ $ 2 ,0 5 6 ,7 5 5 50 $ 6 6 ,0 0 9 ,4 2 5 31 PAYMENTS T o dep ositors, in clu d in g dividen ds p a id to t h e m ......................... $ 3 7 ,3 4 3 ,4 7 3 37 6 6 3 ,9 5 0 00 F or loan s on bonds and m ortgages ................................................... F or bankers’ acceptances and b ills o f e x c h a n g e ............................. 5 3 2 ,3 0 3 56 F or stock s and bonds purchased, in clu d in g prem ium s, com m is sion s, etc. (to ta l p a r valu e, $ 1 8 ,4 6 3 ,9 2 7 .3 7 )............................. 1 8 ,2 4 7 ,5 3 4 46 F or in terest (oth er than dividen d paym ents to d e p o s ito r s ). . . 5 9 ,4 2 5 03 F or cu rren t exp en ses,of th e bank, v iz .: For salaries ........................................................................ $226,253 73 For taxes Banking house, $70,080.20 ; surplus, $27,338.68 ................................................................................. 97,424 88 For expenses, except taxes, o f banking h ouse: Repairs ............................................................................... 34,98854 Insurance .................................................................... 2,399 27 Other ............................................................................ 113,578 64 For expenses of other real estate, v iz .: Repairs ............................................................................... 34,75004 6,216 79 Insurance .................................................................... T a x e s.................................................................................. 50,65784 Other .................................................................................. 32,11980 For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. 70,553 73 6 6 8 ,9 4 3 26 O ther paym ents, v iz .: Liberty Loan Bonds........................................................... $1,856,215 00 Permanent improvements to other real estate........ 17,944 70 Discounted bank books, judgment on depositors’ acct 32,808 01 -- --------------- 1 ,9 0 6 ,9 6 7 71 Cash on hand and in banks or tru st com panies D ecem ber 31, 1918, a fter tran sa ction s o f the d a y ............................................... 6 ,5 8 6 ,8 2 7 92 $ 6 6 ,0 0 9 ,4 2 5 31 S T A T IS T IC A L IN F O R M A T IO N N um ber o f open accou n ts Janu ary 1, 1919...................................... 186,766 N um ber o f accou n ts opened or reopened du rin g th e y e a r .... 2 7 ,49 4 N um ber o f accou nts closed du rin g th e y e a r.................................. 2 3 ,34 3 A m ount dep osited du rin g th e yea r, n o t in clu d in g dividends cred ited fo r th a t p eriod ..................................................................... $ 3 7 ,0 1 5 ,5 8 9 72 A m ount w ith draw n du rin g th e yea r ............................................... 3 7 ,3 4 3 ,4 7 3 37 A m ount o f dividen ds cred ited and p a id fo r th e yea r, v iz .: July 1, 1918 ........................................................................... $3,230,192 83 January 1, 1918.................................................................... 3,257,528 67 ------------------ 6 ,4 8 7 ,7 2 1 40 A verage am ount o f each accou n t Jan u ary 1, 1919 .................... 937 21 N um ber o f a ccou n ts w hich exceeded $3,000, exclu sive o f d iv i dends cred ited , a t th e la st tr ia l balan ce o f depositors* ledgers, excep t dep osits a risin g from ' society accou nts, o r ju d icia l sales, o r tru st fu n ds, o r b y ord er o f a co u rt o f record o r o f a su rroga te....................................................................... 1 T ota l am ount o f such a c c o u n t s ............................................................ $ 3 ,2 9 2 66 R ate p er cen t, o f dividen ds to d ep ositors du rin g th e six m onths en din g Jun e 30, 1918 .......................................................................... 4 R ate per cen t, o f dividen ds to dep ositors du rin g th e six m onths en din g D ecem ber 31, 1918 ................................................................. 4 T ota l earn ings o f th e bank fo r th e year 1918, a fter allow in g fo r a m ortiza tion o f prem ium s and d is c o u n ts ............................. $ 8 ,1 9 2 ,8 0 2 40 T ota l expenses o f th e bank fo r th e yea r 1918 ............................... 6 6 8 ,9 4 3 26 D ividends paid to dep ositors fo r the yea r 1918............................. 6 ,4 8 7 ,7 2 1 40 N et earn ings fo r th e yea r 1918 over expense and dividen ds p a id to d ep ositors .............................................................................. 1 ,0 3 6 ,1 3 7 74 180 R 78. eport on S a y in g s B anks EMPIRE CITY SAYINGS BANK, NSW YORK CITY [8 1 W est 125th street; Incorporated 189] jffiwaawMUsap-- A. S. VAN WINKLE, Secretary. HOWARD C. MURPHY, A sst. Secy. JOSEPH WALKER, J b ., Vice-President. W ILLIAM MOORES, JOHN H . LOOS. ipTO A WOm W ILLIAM T . KOCH. A. PARKER NEVIN, T R U ST E E S EDWARD C. DELAFIELD, s b s -^ B t CHAS. W . DAYTON, CARL A. KOELSCH, RICHARD E. COCHRAN, ss iv a s a t M. L. KING, HARTW ELL A . W ILKINS. F IN A N C IA L , RESOURCES B on ds and m ortgagee .............................................................................. $ 3 ,1 3 5 ,2 5 0 00 S tock and bond in vestm ents, v is .: Estimated Par Original Stocks and bonds value epst market value $748,700 33 United States ........................ $748,700 33 842,83 8 55,500 00 68,261 76 State o f New York............... 60,000 00 208,607 98 217,084 42 C ities in other States......... 206,396 00 342,470 00 375,737 42 Cities In th is State............... *18,600 00 62,000 00 63,6# 00 64,462 80 Counties In this State. 50,02? SO #,967 35 #,600 00 Towns In .this State............... 38,310 00 36,489 97 36.000 00 V illages In this I ta te ............ 31,785 00 32.000 00 32,4# 60 School districts In this State 980,484 84 1,017,794 81 968,606 96 R ailroad mortgage bonds.... $2,538,581 17 $2,594,485 25 $2,497,547 77 P rom issory n otes ........................................................................................ O ther rea l esta te, book va lu e, $263,745.05; co st, $270,415.76; a ctu a l qash v a lu e ................................................................................... C ash on d ep osit in banks o r tru st com pan ies....... , ..................... Cash on hand ............................................................................................ T o ta l o f co lle ctib le in t e r e s t ................................................................... A m ou n t of a ll oth er assets, v iz .: Rent accrued ...................................................................... *75 00 67 26 U. 8. T h rift Stamps.......................................................... Liberty Bond account........................................................ #00 2 ,4 0 7 ,5 4 7 77 4 ,9 0 1 14 263 ,7 4 5 587 ,5 0 6 31 ,1 2 3 52 ,0 7 2 06 14 45 17 172 25 LIAB ILITIES $ 6 ,5 7 2 ,3 1 7 98 ..... A m ou n t du e d ep ositors, v iz .: Principal .............................................................................. $6,106,484 62 Dividends credited or to be credited for the six months ending w ith December 31, 1918..................... 102,376 38 ------------------ $ 6 ,2 0 7 ,8 6 0 90 S u rplu s 'on m arket va lu e ...................................................................... 3 6 4 ,4 5 7 08 S u rplu s on p a r va lu e, $405,490.48. $ 6 ,6 7 2 ,3 1 7 98 ....;............... C A SH T R A N SA C T IO N S D U R IN G TH E Y E A R 1918 RECEIPTS Cash on hand and in banks o r tru s t com panies J an u ary 1, 1918, b efore tran sa ction s o f th e d a y ........................................... F rom dep ositors, n o t in clu d in g divid en d s cred ited .................... F rom in terest on loa n s, d ep osits and investm ents ....................... F rom rent# from ban kin g h o u s e ........................................................... F rom ren te from oth er rea l e s t a t e .................................................... F rom m ortgages ........................................................................................ F rom redem ption o f stock s and bonds .................. ........................ F rom stock s and bonds sold (to ta l pa r valu e $ 3 8 0 ,0 0 0 ).............. F rom rea l esta te ....................................................................................... $ 4 0 4,9 2 6 3 ,0 7 5 ,1 9 7 2 6 9 ,0 8 0 7 ,0 8 0 2 6 ,9 2 8 6 0 ,5 0 0 3 3 7 ,6 9 6 3 8 0 ,0 0 0 1 ,9 1 9 15 86 30 00 43 00 00 00 82 N ew Y ork C 181 oun ty F rom a ll oth er sou rces, v iz .: lib e rty Loan account....................................................... Submarine damage............................................................ $126,364 06 100 00 - --------------- ,.q $ 1 2 0,4 6 4 6 0 ' $ 4 ,6 8 9 ,7 9 8 22 PAYMENTS $ 2 ,5 1 8 ,3 0 5 T o d ep ositors, in clu d in g dividen ds paid to th em . . . 6 ,8 2 0 F or loan s on a tod cs and bonds and oth er secu rities F or stocks and bonds purch ased, in clu d in g prem ium s, com m is 1 ,3 4 0 ,7 6 8 sion s, ete. (to ta l p a r valu e, $ 1 ,3 5 2 ,9 0 0 .3 0 )........................... .... 5 ,5 8 2 F or in terest (oth er than dividen d paym ents to d e p o s ito r s ). . . F or cu rren t expenses o f th e bank, v iz .: For salaries ........................................................................ 121,237 18 For ta x es: Banking bouse, $2,931.10;surplus, $2,967.10 6,888 20 For expenses, except taxes, o f banking bou se: ^ ^ Insurance ......................................................................... For rent o f banking room s.......................... ................... For expenses o f other real estate, v iz .: Repairs ............................... Insurance ...................................................................... Taxes .......................................... Other ............................................................................ For other expenses, not including expenses o f other real estate nor other expenses o f banking h ouse.. 91 96 71 16 427 03 10,800 00 6,034 1,862 5,997 6,417 19 Si 84 16 7,868 14 0 6 ,5 5 2 04 F or rea l esta te acqu ired b y foreclosu re, o r in settlem ent o f debts due th e b a n k ................................................................................. O ther paym ents, v iz .: Liberty Loan account........................................................ $126,404 66 T h rift Stamps ..................................................................... 67 26 1 ,071 M i 126,461 91 Gash on hand and in banks o r tru st com panies D ecem ber 31, 1918, a fter tra n sa ction s o f th e d a y .......................................... 0 1 8 ,0 2 9 59 $ 4 ,0 8 9 ,7 9 3 22 S T A T IS T IC A L IN FO R M A TIO N 19,531 N um ber o f open accou n ts Jan u ary 1, 1 9 1 9 ...................................... N um ber o f accou nts opened or reopened d u rin g th e y e a r ............ 5 ,4 8 4 4 ,6 0 6 N um ber o f accou nts closed du rin g th e y e a r .................. ............... A m oun t dep osited d u rin g th e yea r, n o t in clu d in g dividen ds cred ited fo r th a t p eriod ...................................................................... $ 3 ,0 7 5 ,1 9 7 80 A m ount w ith draw n du rin g th e yea r ................................................. 2 ,5 1 8 ,3 0 5 91 A m oun t o f dividen ds cred ited and pa id fo r th e yea r, v iz .: July 1, 1918........................................................................... $86,258 20 January 1, 1919.................................................................... 102,876 88 Charged a t other periods................ ...................— . . . . 18 27 188,016 31 A verage am ount o f each accou n t J an u ary 1, 1919 .................... 317 85 N um ber o f accou n ts w hich exceeded' $3,000, exclu sive o f d iv i dends cred ited , a t th e la st tr ia l balance o f d ep ositors’ ledgers, except d ep osits a risin g from society accou n ts, o r ju d icia l sales, o r tru st fu n ds, o r b y ord er o f a cou rt o f reeord o r o f a su rrogate...................................................................................................... 2 T ota l am ount o f sueh accou n ts ....................................................... $ 0 ,2 0 0 79 R ate per cen t, o f dividen ds t o d ep ositors d u rin g th e s ix m onths en din g Ju n e 30, 1918 ........................................ ................................. m R ate per cen t, o f dividen ds to d ep ositors d u rin g th e s ix m onths ending D ecem ber 31, 1918 ...................................... .......................... 4 T ota l earn in gs o f th e bank fo r th e yea r 1918, a fte r a llow in g fo r a m ortiza tion o f prem ium s and d iscou n ts ........... ...................... $298,001 39 T ota l expenses o f th e bank fo r th e y ea r 1918 ............................. 6 5 ,5 5 2 64 D ividends p a id to dep ositors fo r th e y ea r 1918.................... .. 1 8 8 ,6 1 6 31 N et earn ings fo r th e yea r 1918 over expenses and dividen ds paid to d ep ositors .................... *........................................................ 4 4 ,4 3 2 44 182 R eport on S a v in g s B anks 74 EXCELSIOR SAVINGS BANE, NEW YORE CITY [79 W est Twenty-third street; incorporated 1869] W ILLIAM J. ROOMS, President. JOHN BURKE, Vice-President. W ILLIAM H . BARRON, Vice-President. JOHN C. GRISWOLD, Secretary. ARTHUR PLAGE, Asst. Secy. TRUSTEES HENRY DAZIAN, W ILLIAM H. BARRON, W ILLIAM J. ROOME, JOHN BURKE, ROBERT J. HORNER, W ILLIAM CRAWFORD, EPHRAIM M. YOUMANS, HENRY D. BREW STER, BENJ. A. HEGEMAN, J b„ CLARENCE PRICE, MICHAEL COLEMAN, SAFFORD S. DeLANO, CHARLES H. CLASS, W ILLIAM H. W ILLIAM S, LUCIUS S. STORRS. F IN A N C IA L RESOURCES B on ds and m ortgages ............................. .$ 1 0 ,3 2 0 ,2 2 5 00 S toek and bond investm ents, v iz .: Par Original Estim ated S t o c k s a nd bonds value cost market value United States ..........................$1,806,000 00 $1,797,251 90 $1,806,000 00 9,900 00 State o f North Dakota.......... 10,000 00 10,686 00 176,400 00 State o f New M exico........... 168,000 00 173,873 38 250,000 00 256,370 00 State o f Louisiana.................. 244,649 80 253,773 55 State o f Oklahoma ............... 250,000 00 247,500 00 State o f South Carolina— 100,000 00 100,000 00 99,875 00 287,095 64 State o f California.................. 282,550 00 800,000 00 1,426,303 93 1,403,020 00 Cities in other States............ 1,364,000 00 192,052 50 199,220 75 Cities in this State............... 193,250 00 42,189 31 40,995 00 Counties in this State........... 41,500 00 Towns in this State............... 173,500 00 194,877 39 182,535 00 281,121 94 V illages in this State............ 276,392 28 294,637 26 312,121 33 ■ 308,220 00 School districts in this State 303,000 00 3,088,783 28 2,798,188 96 R ailroad mortgage bonds— 3,176,624 00 $8,412,266 28 $8,425,338 52 $8,084,853 40 8 ,0 8 4 ,8 5 3 40 O ther rea l esta te, b ook va lu e, $613,801.06; eost, $616,640.83; a ctu a l cash v a lu e ................................................................................... C ash o n d ep osit in banks o r tr u s t com p a n ies.................................. Cash on h a n d .............................................................................................. T o ta l o f co lle ctib le in terest ................................................................. A m ou n t o f a ll oth er a ssets, v iz .: U. S. W ar Savings and T h rift Stamps........................ $62 20 Insurance premiums advanced........................................ 25 64 6 1 6 ,6 4 0 9 4 2 ,6 8 3 3 8 ,9 8 4 2 7 3 ,0 5 7 83 32 72 10 87 84 $ 2 0 ,2 7 6 ,5 3 2 21 LIAB ILITIES A m ou n t due d ep ositors, v iz .: Principal .............................................................................. $18,915,540 28 Dividends credited o r to be credited fo r the six months ending with December 31, 1918..................... 349,095 46 O ther lia b ilitie s , v iz .: D eposits t o secure paym ent o f r e n t .. . . S u rp lu s on m arket v a lu e ........................................................................ $ 1 9 ,2 6 4 ,6 3 5 158 1 ,0 1 1 ,7 3 8 $ 2 0 ,2 7 6 ,5 3 2 74 34 13 21 S u rplu s on p a r va lu e, $1,339,151.01. C A SH TR A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS C ash on hand and in banks o r tru st com panies Jan u ary 1, 1918, b efore tra n sa ction s o f th e d a y ...........................................$ 1 ,1 2 4 ,7 1 2 62 F rom dep ositors, n o t in clu d in g dividen ds cre d ite d ....................... 6 ,3 1 0 ,9 8 5 F rom in terest on loa n s, d ep osits and in vestm en ts......................... 8 8 3 ,4 8 2 F rom ren ts from oth er rea l e sta te ...................................................... 7 8 ,5 1 9 F rom m ortgages ......................................................................................... 3 9 0 ,0 5 0 F rom redem ption o f stock s and b on d s............................................... 9 8 7 ,1 8 8 46 F rom stock s and bonds sold (to ta l p a r va lu e, $ 1 ,2 5 8 ,0 0 0 )... 1 ,2 5 7 ,5 9 5 50 N ew Y ork C oun ty 183 F rom bankers’ acceptances and b ills o f exch an ge......................... $ 9 9 ,2 7 8 F rom rea l esta te sold .............................................................................. © 5,000 F rom a ll oth er sou rces, v iz .: Gain and loss accou n t; real estate account............... $7,078 64 W ar Savings and T h rift Stamps.................................. 9,851 80 Rent security account, insurance account, premiums and discount ................................................................. 2,303 71 U. S. certificate o f indebtedness.................................. 200,000 00 lib e rty Loan Bonds........................................................... 749,319 26 Rents other real estate, insurance premiums re funded .............................................................................. 14,581 82 -----------------9 8 3 ,1 3 5 $ 1 2 ,1 7 9 ,9 4 7 12 00 23 09 PAYMENTS T o depositors, in clu d in g dividends paid to th em .........................$ 6 ,0 3 1 ,2 5 7 03 2 5 8 ,0 0 0 00 F o r loans on bonds and m ortga ges................................................... F o r bankers’ acceptances and bills o f exch ange............................. 99 ,27 8 12 F o r stock s a n d bonds purchased, in cluding prem ium s, com m issions, etc. (to ta l par value, $ 3 ,8 1 8 ,8 0 0 ).................................. 3 ,8 0 2 ,3 5 9 44 F or interest (oth er than dividend paym ents t o d e p o s it o r s ).. 6 ,7 9 0 27 F or current expenses o f the bank, v iz .: For salaries ........................................................................ $53,020 03 For taxes: Surplus........................................................... 8,119 36 For expenses, except taxes, o f banking house: Repairs ........................................................................... 155 22 Other .............................................................................. 404 59 For rent o f banking rooms.............................................. 10,000 00 For expenses of other real estate, v iz .: Repairs ........................................................................... 17,265 94 Insurance .................................................................... 2,471 32 Taxes ............................................................................ 14,512 86 Other .............................................................................. 31,759 87 For other expenses, not including expenses of other real estate nor other expenses o f banking house— 12,841 54 ------------------ 150,550 73 F o r real estate acquired b y foreclosure, o r in settlem ent o f debts due the bank ................................................................................ 105,468 37 Other paym ents, v iz .: Liberty Loan Bonds, certificate o f indebtedness— $869,919 26 War Savings and Thrift Stamps, insurance, revenue stamps .............................................................................. 10,071 01 Real estate, profit and loss.............................................. 64,584 82 -----------------744,575 09 Cash on hand and in banks or tru s t com panies Decem ber 31, 1918,a fte r tran saction s o f th e d a y ................................................. 981,668 04 $ 1 2 ,1 79,947 09 S T A T IS T IC A L IN FO R M A TIO N N um ber o f open accou n ts Jan u ary 1, 1919 ...................................... 3 3 ,69 8 N um ber o f accou n ts opened o r reopened du rin g th e y e a r ........... 8 ,3 1 7 N um ber o f a ccou n ts closed du rin g the y e a r.................................. 5 ,8 5 9 A m ount d ep osited du rin g th e yea r, n ot in clu d in g dividen ds cred ited fo r th a t p eriod ..................................................................... $ 6 ,3 1 0 ,9 8 5 50 A m ount w ith draw n du rin g th e y e a r.................................................... 6 ,0 3 1 ,2 5 7 03 A m ount o f dividen ds cred ited and paid fo r th e yea r, v iz .: July 1, 1918........................................................................... $347,689 91 January 1, 1919.................................................................... 349,095 46 -----------------6 9 6 ,7 8 5 37 A verage am ount o f each a ccou n t J an u ary 1, 1919......................... 571 67 R ate per cen t, o f dividen ds to dep ositors du rin g th e six m onths en din g June 30, 1 9 1 8 ............................................................................ 4 R ate per cen t, o f dividen ds to dep ositors du rin g th e six m onths en din g D ecem ber 31, 1918................................................................... 4 T ota l earn ings o f th e bank fo r the year 1918, a fter a llow in g fo r a m ortiza tion o f prem ium s and d iscou n ts............................. $9 7 2,8 8 2 48 T ota l expenses o f th e bank fo r the year 1918.................................. 1 5 0 ,5 5 0 73 D ividends p a id to dep ositors fo r th e year 1918............................. 696,7 8 5 37 N et earn ings fo r th e yea r 1918 over expenses and dividen ds paid to d ep ositors ................................................................................ 125,546 38 184 R eport oh S a v in g s B anks 78. FRANKLIN SAVINGS BANK, NEW YORK CITY [656-658 Eighth avenue; Incorporated 1860] ERNEST K. SATTBBLEE, President. JAMBS R. TROWBRIDGE, Com ptroller. W ALTER B. BROWN. Secretary. HENRY P. AICHELE, Asst, Secretary. TRUSTIES BERNARD KARSCH, HOWARD C. SMITH. CHARLES A. W ALKER, W ILLIAM H. PORTER. JAMBS R. TROWBRIDGE, H. K. TW ITCHBLL. STUART DUNCAN, T. FRANK MANVILLE, JOHN I. DOWNEY, SIMEON FORD, THEODORE HETZLER, WM. L. D bBOST, J. HARPER POOR. ERNEST K. SATTERLEB HENRY J. COCHRAN. MICHAEL FRIEDSAM, WILSON M. POW ELL. IT N A N C IA E RESOURCES .$ 1 3 ,8 0 5 ,2 2 5 00 B on ds and m ortgages ............................. S tock and bond investm ents, v iz .: Par Estimated O riginal Stocks and bonds value cost market value United States ........................ $1,875,000 00 $1,857,511 80 $1,875,000 00 State o f New York.................. 625,000 00 648,005 00 640,760 00 142,605 00 142,000 00 State o f California........... 150,000 00 77,220 00 80,340 00 State o f Delaware.................. 78,000 00 129,100 00 State o f Idaho........................ 130,000 00 183,477 60 596,145 35 496,600 00 550,000 00 State o f M assachusetts........ 61,178 06 State o f Oklahoma.................. 60,000 00 59,400 00 Cities to other S ta te s.......... 3,389,700 00 3,371,039 00 3,549,744 43 4,043,634 78 Cities In this State.................. 3,875,950 00 3,865,687 TO 1,046,311 48 1.014.510 00 Counties in th is Slate........ 1,022,000 00 1.879.510 00 Railroad m ortgage bonds— 2,088,000 00 2,197,135 40 $13,843,650 00 $14,356,088 80 $13,650,616 76 ..........— — — $ 1 3 ,5 5 0 ,6 1 ® — — B an kin g bou se and lo t, b od e va lu e, $200,000; co st, $141,602.66; a ctu a l cash v a lu e .................................................................................. 200,000 O th er rea l esta te, b ock va lu e, $124,378.66; co st, $152,675.34; a ctu a l cash v a lu e ................................................................................... 1 2 4 ,3 7 8 C ash on d ep osit in banks o r tru st com p a n ies.................................. 1 ,6 7 4 ,9 6 8 C ash on h a n d .................. ........................................................................... 4 1 ,8 1 4 T o ta l o f co lle ctib le in terest ................................................................. 4 4 7 ,3 2 8 A m ou n t o f a ll oth er assets, v iz .: U berty Bonds held for subscribers.............................. $118,518 50 U. S. W ar Savings Stamps.............................................. 5,124 71 123,6 4 3 75 00 66 48 39 97 21 $ 3 0 ,0 2 7 ,9 7 5 40 LIA B IL IT IE S A m ou n t due d ep ositors, v iz .: Principal .............................................................................$27,073,951 78 Dividends credited o r to be credited fo r the six months ending with December 31, 1918..................... 427,108 34 ------------------ $ 2 7 ,5 0 1 ,0 6 0 12 S u rplu s on m arket v a lu e .......................................................................... 2 ,5 2 6 ,9 1 5 34 $ 3 0 ,0 2 7 ,9 7 5 40 S u rplu s on p a r va lu e, $2,819,948.59. C A S K T R A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS Cash cm hand and in banks o r tru st com panies Ja n u a ry 1, 1918, b efore tran sa ction s o f th e d a y ............................................... $ 1 ,4 4 4 ,0 0 0 56 F rom d ep ositors, n o t in clu d in g dividen ds cre d ite d .................... 8 ,3 4 3 ,4 4 0 64 F rom in terest on loa n s, d ep osits and in vestm en ts....................... 1 ,2 6 9 ,7 4 8 56 F rom ren te from oth er rea l e s ta t e .. ; .................................................. 1 4 ,48 2 88 F rom m ortgages ......................................................................................... 2 3 3 ,0 0 0 00 N ew Y ork C oun ty 185 $ 1 ,0 8 0 ,0 5 0 F rom redem ption o f stock s and b on d s.................................. 5 3 8 ,7 6 3 F rom stock s and bonds sold (to ta l par valu e, $540,000) 7 ,5 0 0 F rom rea l esta te sold ................................................................. F rom a ll oth er sou rces, v iz .: Refunds — Telephone, appraisals, insurance, taxes, compensation ................................................................... $153 50 Sundry credits, closed accounts..................................... 102 00 Liberty Loan account.............................................................. 966,519 50 War Savings Stamps ...................................................... 12,477 42 0 7 9 ,2 5 2 00 31 00 42 $ 1 3 ,9 1 0 ,2 3 8 37 P AYM EN TS T o d ep ositors, in clu d in g dividen ds pa id to th em ........................... $ 7 ,8 8 3 ,7 6 0 F or loans on bonds an d m ortga ges................ ................................... 11,000 F or stock s and bonds purchased, in clu d in g prem ium s, com m ission s, etc. (to ta l par valu e, $ 3 ,0 6 0 ,0 0 0 )............................. 3 ,0 4 2 ,5 1 1 F or in terest (oth er than dividen d paym ent t o d e p o s ito r s ). . 10,226 F or cu rren t expenses o f th e bank, v iz .: For salaries ........................................................................ $66,779 87 For ta x es: Banking house, ^,394.98; surplus, $17,846.45 ................................................................................. 27,241 43 For expenses, except taxes, o f banking house: Repairs ........................................................................... 1,116 15 For expenses o f other real estate, v iz .: Repairs ........................................................................... 2,821 34 Insurance ...................................................................... 484 32 Taxes .............................................................................. 3,173 SZ Other .............................................................................. 3,841 26 For other expenses, not including expenses o f other real estate nor other expense® o f ibanking house— 24,517 99 129,975 F or rea l rota te a cqu ired b y foreclosu re, o r in settlem en t o f 1 3 ,34 0 debts due th e bank .............................................................................. O ther paym ents, v iz .: Liberty Loan Bonds........................................................... $1,085,088 00 War Savings Stamps ...................................................... 17,602 13 1 ,1 0 2 ,6 4 0 Gash on hand and in banks or tru s t com panies D ecem ber 31, 1918, a fte r tran sa ction o f th e d a y ............................................... 1 ,7 1 6 ,7 8 2 86 00 80 09 68 04 13 87 $ 1 3 ,0 1 0 ,2 3 8 37 S T A T IS T IC A L IN FO R M A TIO N Num ber o f open accou n ts Ja n u a ry 1, 1 9 1 9 ..................................... 5 8 ,3 9 ? N um ber o f a ccou n ts opened o r reopened du rin g the y e a r........... 10,027 N um ber o f accou n ts closed du rin g th e y e a r.................................... 8 ,5 7 6 A m ount d ep osited d u rin g th e yea r, n ot in clu d in g dividen ds cred ited fo r th a t p e rio d ........................................................................ $ 8 ,3 4 3 ,4 4 0 64 A m ount w ith draw n d u rin g th e y e a r................................................... 7 ,8 8 3 ,7 6 0 86 A m ount o f dividen ds cred ited and pa id fo r th e yea r, v iz .: July 1, 1918........................................................................... $422,927 79 January 1, 1919.................................................................... 427,108 34 Credited a t other periods................................................. 106 22 8 5 0 .1 4 2 35 A verage am ou n t o f each a ccou n t J a n u a ry 1, 1919......................... 470 93 R ate per cen t, o f dividen ds to d ep ositors du rin g th e six m onths en din g Jun e 30, 1 9 1 8 ............................................................................ m R ate per cen t, o f dividen ds to dep ositors du rin g th e six m onths en din g D ecem ber 31, 1918................................................................... m T ota l earn in gs o f th e bank fo r th e y ea r 1918, a fter a llow in g fo r am ortiza tion o f prem ium s and d iscou n ts............................... $ 1 ,2 6 9 ,2 7 2 24 T ota l expenses o f the bank fo r the yea r 1918.................................. 129,975 68 D ividends p a id t o dep ositors fo r th e yea r 1918............................. 8 5 0 .1 4 2 35 N et earn ings fo r th e yea r 1918 ov er expenses and dividen ds paid t o d e p o s it o r s ................................................................................. 2 8 9 ,1 5 4 21 186 R epoet on S a v in g s B anks 78. T H E G REEN W ICH SA V IN G S B A N E , N E W Y O R K C IT Y [246-248 Sixth avenue; incorporated 1838] JAMES QUINLAN, President. L. D. QUACKENBUSH, Com ptroller. DAVID M. MORRISON, Vice-President. W ALTER H. LYMAN. Asst. Com ptroller. FRANCIS M. BACON. Jr.. Vice-President. F. EUGENE COBB. Assistant Treasurer. CHARLES M. DUTCHER, Treasurer. HUBERT E. BROWER, Asst. Treasurer. CHARLES, L. SEIBERT, A sst. Treas. DAVID M. MORRISON, JAMES QUINLAN, WM. R. STEW ART, L. K. WTLMERDING. CHAS. D. DICKEY, THEO. F. WHITMARSH, T R U S T IE S EDWIN G. M ERRILL, ARTHUR I SELIN, FRANCIS M. BACON, J h., ALBERT H. WIGGIN, GATES W. McGARRAH, WM. WOODWARD, B. OGDEN CHISOLM. GEORGE BLAGDEN, THOMAS W . SLOCUM. HENRY C. SWORDS, ALLEN WARDW ELL, C. MORTON WHITMAN. EDWIN S. MARSTON, F IN A N C IA L RESOURCES $ 3 2 ,6 8 4 ,0 0 0 00 B on ds and m ortgages .................... S tock and bond investm ents, v iz .: Original Estimated Par cost market value Stocks and "bonds value United States .......................... $2,957,529 72 $2,957,528 72 $2,957,529 72 708,697 33 708.000 00 650,000 00 State o f New York.................. 1,826,020 00 2,182,187 01 State o f M assachusetts........ 2,035,000 00 326,286 16 277,300 00 State o f Rhode Island1........ 2%, 000 00 396.000 00 402,175 91 State o f M aryland.................. 400,000 00 48,274 69 49,000 00 50,000 00 State o f M issouri .................. 615,021 70 509,500 00 State 6t Tennessee.................. 600,000 00 292,019 13 288,140 00 State o f C alifornia.................. 300,000 00 7,263,015 00 7,978,995 52 Cities in other States........... 7,602,000 00 8,142,963 78 7,672,008 66 Cities in this State............... 7,782,558 33 Railroad mortgage bonds— 18,281,000 00 20,131,199 38 17,238,820 00 $40,753,088 05 $43,683,330 33 $39,185,333 38 1 ............... = = = = = 3 9 ,1 8 5 ,3 3 3 B anking bou se and lo t , book valu e, $250,000; co st, $611,686.52 ; a ctu a l cash va lu e ................................................................................... 3 0 0 ,0 0 0 O ther rea l estate, book va lu e, $1,039,193.24; co st, $1,357,909.99; a ctu a l cash va lu e ................................................................................. 1 ,0 1 4 ,0 0 0 Cash on dep osit in banks o r tru st co m p a n ie s .................................. 3 ,0 9 0 ,1 0 3 Cash on hand .............................................................................................. 7 7 4 ,3 2 8 T o ta l o f collectib le in terest ................................................................. 1 ,1 2 0 ,1 3 9 A m ou n t o f a ll oth er assets, v iz .: Rent accrued ..................................................................... $1,085 98 U. S. T h rift Stamps........................................................ 4 96 --------- -------1 ,0 9 0 $ 7 8 ,1 6 8 ,9 9 5 38 00 00 57 24 60 94 73 LIAB ILITIES A m oun t du e dep ositors, v iz .: Principal .............................................................................. $70,330,791 21 Dividends credited o r to be credited fo r the six months ending w ith December 31, 1918..................... 1,359,949 57 ------------------ $ 7 1 ,6 9 0 ,7 4 0 78 O ther lia b ilitie s , v iz.. H eld for m ortgagor’s account and fo r fire losses— $8,765 16 Expenses incurred, but unpaid..................................... 2,058 09 -------------------------------------- 1 0 ,82 3 25 S u rplu s on m arket valu e ...................................................................... 6 ,4 0 7 ,4 3 1 70 $7 8 ,1 6 8 ,9 9 5 ~ 7 3 S u rplu s on p a r va lu e, $8,035,186.37. C A SH T R A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS C ash on hand and in banks o r tru s t com panies J an u ary 1, 1918, b efore tran sa ction s o f th e d a y ............................................... $ 5 ,1 2 9 ,5 2 9 F rom d ep ositors, n ot in clu d in g dividen ds cred ited .................... 1 0 ,3 2 3 ,0 4 3 F rom in terest on loa n s, dep osits and in vestm ents .................... 3 ,4 1 2 ,5 6 3 F rom ren ts from oth er rea l e s t a t e ...................................................... 120,952 46 54 97 05 H ew Y ork C oun ty 18? F rom m ortgages ...................................................................................... $ 1 ,3 6 3 ,5 2 5 00 F rom redem ption o f stock s and bonds ............................................. 6 9 9 ,2 5 0 00 From stock s and bonds sold (to ta l pa r valu e, $ 1 ,5 6 1 ,0 5 6 .8 2 ).. 1 ,5 6 1 ,0 5 6 82 F rom rea l esta te sold ............................................................................... 1 4 3 ,0 0 0 00 F rom a ll oth er sources, v iz .: Rentals o f mortgaged property — account second $66,519 60 mortgage .......................................................................... Repayments — expenses, advances for m ortgagors— 27,307 06 Fire losses, receiver........................................................... 4,684 33 -------------------------------------- 9 8 ,5 1 0 99 $ 2 2 ,8 5 1 ,4 3 1 83 PAYMENTS T o d ep ositors, in clu d in g dividen ds p a id t o t h e m .......................... $ 1 4 ,6 1 0 ,4 1 9 12 F or loan s on bonds and m ortg a g es.,.................................................... 2 4 5 ,7 5 0 00 F or stock s and bonds purchased, in clu d in g prem ium s, com m is sion s, etc. (to ta l pa r valu e, $ 3 ,2 5 1 ,1 5 8 .5 0 ).................................. 3 ,2 5 1 ,1 5 8 50 F or in terest (oth er than dividen d paym ents t o d e p o s ito r s )____ 7 ,9 8 7 28 F or cu rren t expenses o f th e bank, v iz .: F or salaries ........................................................................ $140,048 28 For ta xes: Banking house, $9,008.40; surplus, $56,063.95 ........................................................................... 65,062 ® For expenses, except taxes, o f banking h ouse: Repairs ........................................................................... 1,244 87 Insurance ............................................... 1,039 60 Other .............................................................................. 2,839 46 For expenses o f other real estate, v iz .: Repairs ........................................................................... 10,522 19 Insurance ...................................................................... 4,624 15 Taxes ............................................................................ 26,607 00 Other .............................................................................. 40,694 67 For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. 36,785 42 -----------------329,467 89 F or rea l estate acqu ired b y foreclosu re, o r in settlem en t o f debts due th e b a n k ................................................................................ 4 3 9 ,4 3 8 34 O ther paym ents, v iz .: M ortgagor’s rentals to second mortgagee.......................... $66,89524 Alterations, other real estate ..................................... 9,292 51 25,59114 Advances for m ortgagor’s account...................................... Tellers’ shortage — refunded............................................. 1,00000 -----------------102,778 89 Cash on hand and in banks o r tru st com panies D ecem ber 31, 1918, a fte r tran sa ction s o f th e d a y ............................................... 3 ,8 6 4 ,4 3 1 81 $ 2 2 ,8 5 1 ,4 3 1 83 S T A T IS T IC A L IN FO R M A TIO N N um ber o f open a ccou n ts Jan u ary 1, 1919...................................... 100,010 N um ber o f accou n ts opened o r reopened du rin g th e y e a r........... 10,037 N um ber o f accou nts closed du rin g th e y e a r.................................. 1 2 ,72 0 A m ount dep osited d u rin g th e yea r, n o t in clu d in g dividends cred ited fo r th a t p eriod ...................................................................... $ 1 0 ,3 2 3 ,0 4 3 54 A m ount w ith draw n du rin g th e yea r ............................................... 1 4 ,6 1 0 ,4 1 9 12 A m oun t o f dividen ds cred ited an d p a id fo r th e yea r, v iz .: July 1, 1918................................................................................. $1,317,92971 January 1, 1919......................................................................... 1,359,94957 ------------------ 2 ,6 7 7 ,8 7 9 28 A verage am ount o f each accou n t Ja n u a ry 1, 1 9 1 9 __ ,.............. 716 83 R ate per cen t, o f dividen ds to dep ositors d u rin g th e s ix m onths ending Jun e 30, 1918 .......................................................................... 3% and 4 R ate per cen t, o f dividen ds to dep ositors d u rin g th e s ix m onths en din g D ecem ber 31, 1918 ................................................................. 4 T ota l earn ings o f th e bank fo r th e year 1918, a fter a llow in g fo r a m ortiza tion o f premium® and discou n ts .................................... $ 3 ,4 0 8 ,6 7 9 60 T ota l expenses o f th e bank fo r th e year 1918 ............................ 3 2 9 ,6 2 8 53 D ividends paid to d ep ositors fo r th e year 1918 ............................ 2 ,6 7 7 ,8 7 9 28 N et earn in gs fo r th e y ea r 1918 over expenses and dividen ds p a id t o d ep ositors .............................................................................. 401,1 7 1 79 188 R eport on S a v in g s B anks 77. HARLEM SAYINGS BANK, NEW ¥ORK CITY [1M B ast 125th street ; Incorporated 1863] 'W ILLIAM E. TROTTER, President, GRANVILLE F. DAILEY. Viee-Pre*. JOHN 3. BELL, Vice-President. THOMAS R. EBERT, Secretary. FRED’K M. GALLAGHER, Asst. Secy. ROBERT C. HART, Asst. Secretary. TRUSTEES WILLIAM E. TBOTTBR. HENRY B. PYE. GRANVILLE F. DAILEY, JOHN F. STEEVES. ---------- SOMERVILLE, WALTER P. _SILLBfcK. ERNEST V. CONNOLLY, A. B. WESTERVELT, M> w m b . mm OLIN 3. STEPHENS. WARREN A. LEONARD, ALEXANDER WALKER, THOMAS H EBERT, RANSOM E. WILCOX. FINANCIAL RESOURCES .$ 1 5 ,4 4 3 ,2 8 0 00 B on ds and m o r tg a g e s ............................................. S tock and bond in vestm ents, v iz .: O riginal Estim ated Par cost market value Stocks and bonds value United States ........................ $1,717,050 00 $1,717,050 00 $1,717,060 00 715.000 00 713,062 50 State o f New Y ork................. 700,000 00 193.000 00 242,092 00 State o f M assachusetts......... 220,000 00 95,250 00 94,000 00 State of California. 100,000 00 209,820 89 208.000 00 State o f Tennessee................ 200,000 00 622,500 00 660, 000 00 681,432 66 C ities in other S tates......... 4,100,821 30 4,185,630 00 4,262,873 49 Cities In this State............. 206,404 10 184,020 00 189,000 00 Villages in this State.......... 4,617,600 00 5,246,000 00 5,407,121 90 Railroad! mortgage bon d s... $13,206,680 00 $13,634,116 54 $12,462,501 30 1 2 ,4 5 2 ,5 0 1 30 B an kin g h ouse and lo t, b ook va lu e, $225,000; ca st, $354,253.91; a ctu a l enah valu e O th er re a l estate, b ook valu e, $331,500; co s t, $375,401.66; a ctu a l cash va lu e ................................................................................ C a d i on d e p o sit in banks o r tr u s t c o m p a n ie s ............................. Cash on ban d .............................................................................................. T ota l o f co lle ctib le in terest ............................................... ................. 2 2 5 ,0 0 0 00 3 3 1 ,5 0 0 1 ,8 1 8 ,9 6 7 3 0 2 ,6 3 7 2 9 9 ,9 4 3 $ 3 0 ,8 7 3 ,9 2 0 00 46 77 66 19 LIABILITIES A m ou n t du e d ep ositors, v iz .: Principal .............................................................................$27,821,377 74 D ividends credited or to be credited fo r the six months ending w ith December 31, 1918........................ 606,770 54 ------------------ $ 2 8 ,3 2 8 ,1 4 8 28 S u rp lu s on m arket va lu e ........................................................................ 2 ,5 4 5 ,7 7 1 91 $ 3 0 ,8 7 3 ,9 2 0 19 S u rplu s on p a r va lu e, $3,299,860.61. C A SH T R A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS G ash cm hand and in banks o r tru st com panies J an u ary 1, 1918, b efore tran sa ction s o f th e d a y ............................................. $ 1 ,7 9 0 ,6 7 9 F rom d ep ositors, n ot in clu d in g dividen ds cred ited .................... 7 ,3 1 1 ,0 8 6 F rom in terest cm loa n s, dep osits and in v e s tm e n ts ....................... 1 ,3 1 0 ,1 4 0 F rom ren ts from o th e r rea l estate .................................................... 4 0 ,1 2 1 F rom m ortga ges ........................................................................................ 5 6 6 ,0 2 0 fr o m redem ption o f stock s and b o n d s ............................................... 1 8 8 ,2 9 0 F rom stock s and bonds so ld (to ta l p a r va lu e, $382,650) ____ 3 8 2 ,6 5 0 F rom re a l esta te sold .......................................................................... 2 5 7 ,3 2 3 F rom a ll oth er sources, v iz .: R eceiversh ips ................................................. ............................................ 2 ,3 9 8 78 97 10 74 00 00 00 92 91 $11,848,711 42 N ew Y ork C oun ty 189i PAYMENTS T o d ep ositors, in clu d in g dividen ds p a id t o t h e m ......................... $ 7 ,3 5 3 ,8 3 7 2 4 5 ,0 0 0 F or loams on bonds and m ortgages ............................................... F or stock s and bonds purchased, in clu d in g prem ium s, com m is sion s, etc. (to ta l p a r valu e, $1,750,000) .................................... 1 ,7 5 0 ,0 0 0 52ft F or in terest (o th e r than dividend paym ents to d e p o s ito r s !. . F or cu rren t expenses o f th e bank, v is .: For salaries........................................................ 182,082 49 For ta x es: Banking house, 16,908.98; surplus, $23,212.26 .................................................................. 30,116 23 For expenses, except taxes, o f banking house: Repairs .................................................................... 289 14 Insurance ............................................................. 186 67 F or expenses o f other m il estate* v is .: R ep a irs........................................................................... 22,687 67 989 27 Insurance .................................. T a x e s .............................................................................. K>,446 22 For other expenses, not including expenses o f other real estate nor other expenses o f banking b oose.. 14,966 96 141,612 F or rea l estate acqu ired b y foreclosu re o r in settlem en t o f 2 3 6 ,1 2 0 debts due th e b a n k ................................................................................ Cash on hand and in banks o r tru s t com panies D ecem ber 31, 1918, a fter tran sa ction s o f th e d a y ................................................. 2 ,1 2 1 ,6 0 5 99 00 00 63 54 03 23 $ 1 1 ,8 4 8 ,7 1 1 42 S T A T IS T IC A L IN F O R M A T IO N N um ber o f open a ccou n ts Jan u ary 1, 1919 .................................. 5 7 ,3 3 3 N um ber o f accou n ts opened o r reopened d u rin g th e yea r . . . . 7 ,9 2 8 N um ber o f accou n ts closed du rin g th e yea r .................................. 9 ,6 8 5 A m ou n t dep osited du rin g th e yea r, n o t in clu d in g dividen ds cred ited fo r th a t p eriod ..................................................................... . $ 7 ,3 1 1 ,0 8 6 97 A m oun t w ith draw n du rin g th e y ea r ............................................... 7 ,3 5 3 ,8 3 7 99 A m oun t o f dividen ds cred ited and p a id fo r (h e yea r, v iz .: July 1, 1918........................................................................... $441,977 98 January 1, 1919.................................................................... 606,770 64 9 4 8 .7 4 8 32 A verage am ou nt o f each accou nt Ja n u a ry 1, 1919.................... 494 09 R a te per cen t, o f dividen ds to d ep ositors d u rin g th e s ix m onths en din g Ju n e 80, 1918 .......................................................................... 3% R a te p er cen t, o f dividen ds t o d ep ositors d u rin g th e s ix m onths ending D ecem ber 31, 1918 ................................................................. 4 T ota l earn ings o f th e bank fo r th e yea r 1918, a fter a llow in g fo r a m ortiza tion o f prem ium s and discou n ts .................. ............... $ 1 ,3 5 0 ,1 7 7 33 T ota l expenses o f tn e hank fo r th e yea r 1 9 1 8 ............................. 141,612 54 D ividends p a id t o d ep ositors fo r th e y ea r 1918........................... 9 4 8 .7 4 8 52 N et earn ings fo r th e yea r 1918 over expenses and dividen ds p a id to d e p ositors................................................................................... 2 5 9 ,8 1 6 27 190 R eport on S a y in g s B anks m THE IRVING SAVINGS INSTITUTION, NEW YORK CITY [116 Chambers street; Incorporated 1851] HAMPDEN E. TEN 1R, President. GEORGE B. DUNNING, Secretary. HENRY KROGER, Vice-President. J. B. ANDERSON, Assistant Secretary. JOHN O. W ILLIAM S. Vice-President. TRUSTEES JOHN W . N IX, HENRY KROGER, JOHN O. W ILLIAM S, WM. C. DEMOREST. JAMES H. KILLOUGH, D. BECKERMANN, SAMUEL S. CONOVER, GEORGE B. DUNNING, HAMPDEN E. TENER, SAMUEL B. DOWNES, JOHN TIEBOUT, EUGENE M. TRAVIS, NATHAN F . VOUGHT W ILLIAM H. FRAME, JOHN J. WALTON, W ILLARD S. BROWN, GEORGE N. ROBINSON, WM. F. MORGAN, WM. P. MASON. F IN A N C IA L RESOURCES B onds and m ortgages .............................................................................. $ 1 1 ,6 7 0 ,2 0 0 00 S tock and bond investm ents, v iz .: Par Original Estim ated Stocks and bonds value cost market value $877,783 76 $905,375 50 United States.......................... $905,375 50 State o f C alifornia................ 50,000 00 48,246 45 48.600 00 49.600 OOi 60,772 30 State o f Oklahoma.................. 50,00000 104,000 00) State o f Tennessee................ 100,000 00 103,491 40 49,221 % 49,000 00 State o f Utah.......................... 60,000 00 1,558,706 00 Cities in other States........... 1,661,000 00 1,654,828 96 1,740,256 70 Cities in th is State................ 1,677,400 00 1,648,953 00 73,335 OOI 69,375 00 70,000 00 Counties in this State.......... 26,707 20 24,980 00 Towns in this State............... 26,000 OOi 101,808 50 91,565 00 V illages in this State........... 96,500 00 4,911,977 13 4,317,610 00 Railroad mortgage bonds— 4,713,000 00 $9,299,275 50 $9,638,429 25 $8,867,563 50 8 ,8 6 7 ,5 6 3 50 B anking house and lo t, b ook va lu e, $80,000; cost, $113,000; a ctu a l cash valu e ...................................... .......................................... O th er rea l estate, book valu e, $163,902.54; eost, $167,785.65; a ctu a l cash v a lu e ................................................................................... C ash on d ep osit in banks o r tru st com pan ies.................................. C ash on hand ............................................................................................ T ota l o f collectib le in te re s t................................................................... 8 0 ,0 0 0 00 1 6 7 ,7 8 6 5 9 3 ,9 4 6 9 8 ,8 7 5 2 0 6 ,6 6 9 $ 2 1 ,6 8 5 ,0 4 1 65 42 56 99 12 LIAB ILITIES A m oun t due d ep ositors, v iz .: Principal .............................................................................. $19,938,255 76 Dividends credited or to be credited fo r the six 386,106 04 months ending with December 31, 1918...................... S u rplu s on m arket valu e ...................................................................... -$20,324,361 80 1 ,3 6 0 ,6 7 9 32 $ 2 1 ,6 8 5 ,0 4 1 12 S u rp lu s on par va lu e, $1,792,391.32. C A SH T R A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS C ash on hand an d in ban ks o r tr u s t com panies J an u ary 1, 1918, b efore tran sa ction s o f tb e d a y ............................................... $ 1 ,4 7 0 ,7 1 5 18 F rom d ep ositors, n o t in clu d in g dividen ds cre d ite d ....................... 3 ,0 3 0 ,6 8 8 87 F rom in terest on loa n s, dep osits and in vestm en ts......................... 1 ,0 0 9 ,3 6 3 ,6 3 F rom ren ts from oth er rea l e sta te .................................................... 9 ,9 4 8 00 F rom m ortgages ........................................................................................ 2 4 7 ,5 5 0 00 F rom redem ption o f stock s and b on d s............................................... 4 0 4 ,7 5 0 00 F rom stock s and bonds s o ld (to ta l p a r va lu e, $ 1 ,0 1 8 ,8 7 6 .2 7 ).. 1 ,0 0 0 ,0 7 9 57 F rom loa n s p a id ..............: ....................................................................... 1 0 0 ,0 0 0 00 F rom a ll oth er sources, v iz .: T h rift S ta m p s............................. 172 00 $7,273,267 25 N ew Y ork C ounty 191 PAYMENTS T o d ep ositors, in clu d in g dividen ds p a id to th em ......................... $ 4 ,8 7 1 ,8 8 2 F or stock s and bonds purchased, in clu d in g prem ium s, com m is 1 ,4 7 5 ,0 3 7 sion s, etc. (to ta l pa r valu e, $ 1 ,5 0 2 ,6 2 9 )...................................... 5 ,6 2 9 F or in terest (o th e r th an dividen d paym ents to d e p o s ito r s ). . . F or cu rren t expenses o f th e bank, v iz .: For salaries.......................................................... $36,483 97 For ta xes: Banking house* $1,988.00; surplus, $8,065.26 .............................................................................. 10,051 26 For expenses, except taxes, o f banking h ouse: Repairs ........................................................................... 236 28 Insurance ...................................................................... 24 34 O th e r.............................................................................. 679 62 For expenses o f other real estate, v iz .: R ep a irs........................................................................... 1,447 50 Insurance ...................................................................... 317 52 T a x e s .............................................................................. 1,593 00 O th e r.............................................................................. 2,706 87 For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. 6,570 42 6 0 ,0 1 0 F or rea l estate acqu ired b y foreclosu re, o r in settlem en t o f 167,785 debts du e th e b a n k .............................................................................. O ther paym ents, v iz .: T h rift S tam ps................................................. 100 Cash on ban d and in banks o r tru s t com panies D ecem ber 31, 692,821 1918, a fter tran sa ction s o f th e d a y ............................................... 23 26 35 78 65 00 98 $ 7 ,2 7 3 ,2 6 7 25 S T A T IS T IC A L IN FO R M A TIO N N um ber o f open accou n ts Jan u ary 1, 1919...................................... 2 2 ,4 1 6 N um ber o f accou n ts opened o r reopened du rin g th e y e a r ........... 1 ,9 04 N um ber o f accou n ts closed du rin g th e y e a r .................................... 3 ,0 7 8 N um ber deposited du rin g th e yea r, n ot in clu d in g dividen ds cred ited fo r th a t p e rio d ..................................................................... $ 3 ,0 3 0 ,6 8 8 87 A m ou n t w ithdraw n du rin g th e y e a r................................................. 4 ,8 7 1 ,8 8 2 23 A m ou n t o f dividen ds cred ited an d p a id fo r th e yea r, v iz .: July 1, 1918.......................................................................... $398,621 79 January 1, 1919.................................................................... 386,106 04 7 8 4 .7 2 7 83 A vera ge am ount o f each accou nt Ja n u a ry 1, 1919....................... 906 69 R ate per cen t, o f dividen ds to dep ositors d u rin g th e s ix m onths en din g Ju n e 30, 1918 .......................................................................... 4 R ate per cen t, o f dividen ds to dep ositors d u rin g th e s ix m onths en din g D ecem ber 31, 1918................................................................. 4 T ota l earn ings o f the hank fo r the yea r 1918, a fte r a llow in g fo r a m ortiza tion o f prem ium s and d iscou n ts......... ............................ $ 1 ,0 0 1 ,6 8 3 25 T ota l expenses o f th e bank fo r th e yea r 1918................................. 6 0 ,0 1 0 78 D ividends pa id to d ep ositors fo r th e yea r 1918............................. 784.727 83 N et earn in gs fo r th e yea r 1918 over expenses and dividen ds pa id t o d ep ositors .............................................................................. 1 5 6 ,9 4 4 64 102 R epost oh S a v in g s B a n k s 79. ITALIAN SAVINGS BANS OF THE CITY OF NEW YOKE [64-66 Spring street; incorporated 1896] JOSEPH N. FRANCOLINI, President BERNARD J. McCANN, Treasurer. DOMENICO SALAD1NO, Vice-President. PASQUAL1 1. S1MONELL1, Secretary. JOHN ELTON WAYLAND, Vice-President. TRUSTEES DOMENICO ABBATE, ANTONIO C. ASTARITA, NICHOLAS J. BARRETT, CELESTINO PIVA , DOMENICO SALAD INO, P. I. 8IMONELLI. BERNARD J. McCANN, GBOROB W. LOFT, ANTONIO z u c g a , ROBERT W. 7. BERNi BERNARD, GIAM8ATXSTA V ITE LLI. F IN A N C IA L RESOURCES B on ds and m ortgages .................... $ 4 ,1 7 5 ,5 8 5 00 S tock and bond in vestm ents, v iz .: Original Estimated cost Stocks and tends value market value United States ............................. *1,267,150 00 *1,249,944 70 $1,267,150 00 24,596 00 24,000 00 23,760 00 State o f New York.................. 267,186 25 265,010 00 Cities in other States.......... 258,000 00 Cities in this sta te ........... 261,700 00 267,755 84 260, 087 25 Villages In this State........... 25,000 00 26,093 75 24,250 00 Railroad mortgage b on d s.... 1,090,00000 1,111,398 75 1,024,840 00 $2,926,850 00 $2, 945,975 29 $2,865,097 25 .................... = = = = = = r..........,......... P rom issory n o t e s ....... , ........................................... ................................. O th er re a l esta te, book va lu e, $72,183.60; co st, $72,183.69; a ctu a l eash v a lu e ................................................................................... C a sh on d ep osit in banks o r tru st com p an ies.................................... Gash, o n h an d ............................................................... ............................... T o ta l o f co lle ctib le in t e r e s t ................................................................... 2 ,8 6 5 ,0 9 7 25 3 4 5 ,0 0 0 00 7 2 ,1 8 3 6 2 2 ,0 2 8 6 3 ,9 4 3 5 6 ,2 3 1 60 02 96 76 $ 8 ,2 0 0 ,0 7 0 m LIAB ILITIES A m ou n t du e d ep ositors, v iz .: Principal .............................................................................. $7,660,464 65 Dividends credited or to be credited fo r the six months ending w ith December 31, 1918....................... 109,229 64 O ther lia b ilitie s , v iz .: L ib erty B on d d ep osits S u rp lu s on m arket v a lu e ......................................... $ 7 ,7 6 9 ,6 0 4 20 4 2 ,8 9 6 00 3 8 7 ,4 8 0 29 $ 8 ,2 0 0 ,0 7 0 58 S u rplu s on par valu e, $449,233.04. C A SH TR A N SA C T IO N S D U R IN G T H E Y 1 A B 1018 RECEIPTS C ash on hand an d in banks o r tr u s t com panies Ja n u a ry 1, 1918, b efore tran sa ction s o f th e d a y ............................................... F rom d ep ositors, n o t in clu d in g dividen ds cre d ite d .................... F rom in terest on loa n s, d ep osits a n d in vestm en ts....................... F rom ren ts from oth er re a l e sta te ...................................................... F rom m ortga ges ......................................................................................... F rom redem ption o f stock s and b on d s............................................... F rom bankers’ acceptances an d b ills o f exch a n ge......................... F rom re a l esta te s o ld ................................................................................. F rom a ll oth er sou rces, v iz .: L ib erty L oan clu b ......................... $ 5 6 5,4 0 9 4 ,4 0 1 ,9 1 4 3 2 2 ,0 5 5 2 ,9 1 5 9 8 ,6 6 5 1 ,8 7 3 ,8 0 0 7 5 ,0 0 0 8 ,3 0 1 2 8 1 ,1 8 3 06 21 06 62 00 00 00 34 00 $ 7 ,1 2 0 ,2 4 3 20 N ew Y ork County 193 PAYMENTS T o d ep ositors, in clu d in g dividen ds p a id to th a n ............................. $ 2 ,9 7 8 ,6 3 2 1 2 9 .0 0 0 F or loams on bonds and m ortga ges..................................................... 4 2 0 .0 0 0 F o r loa n s on stock s and bonds an d oth er secu rities.................... F or stock and bonds purch ased, in clu d in g prem ium s, com m is sion s, e tc. (to ta l par va lu e, $ 2 ,5 5 4 ,7 0 0 ).................. _................... 2 ,5 4 0 ,8 8 8 4 ,5 0 2 F or in terest (o th e r th a n dividen d paym ents to d e p o s ito r s )-----F or cu rren t expenses o f (h e bank, v iz .: 124,861 71 For salaries................................................... I , 976 16 For ta xes: Surplus................................... 4,152 38 For rent o f banking room s...................... For expenses o f other real estate, v iz .: 699 60 R ep a irs.................................................. 678 20 For other expenses, not including expenses o f other I I, 884 14 real estate nor other expenses o f banking bouse.. 4 3 ,6 5 2 F or rea l esta te a cqu ired b y foreclosu re, o r in settlem en t o f 5 4 ,7 7 4 debts du e th e bank .............................................................................. O ther paym ents, v iz .: L ib erty L oan C lu b ...................................... 2 7 1 ,8 2 0 Cash on hand and in banks o r tr u s t com panies D ecem ber 31, 1918, a fte r tra n sa ction s o f th e d a y ............................................... 6 8 5,972 75 00 00 28 92 18 28 00 88 $ 7 ,1 2 9 ,2 4 3 29, S T A T IS T IC A L IN F O R M A T IO N N um ber o f open account® J an u ary 1, 1919...................................... 2 0 ,59 5 N um ber o f a ccou n ts opened o r reopened d u rin g th e y e a r........... 4 ,5 2 7 N um ber o f a ccou n ts closed du rin g th e y e a r...................................... 3 ,2 7 2 Am ount, dep osited du rin g th e yea r, n o t in clu d in g dividen ds cred ited fo r th a t p e rio d ........................................................................ $ 4 ,4 0 1 ,9 1 4 21 A m oun t w ith draw n d u rin g th e y e a r.................................................... 2 ,9 7 8 ,6 3 2 75 A m ou n t o f d ivid en d s cred ited an d pa id fo r th e yea r, v iz .: *98,606 92 July 1, 1918............................................................................ January 1, 1919.................................................................... 109,229 64 2 0 7 ,7 3 6 56 A verage am ount o f each a ccou n t Jan u ary 1, 1919.................... 371 00 R ate per cen t, o f dividen ds t o depositor® d u rin g th e six m onths en din g Ju n e 30, 1 9 1 8 ................................................. .......................... m R ate per cen t, o f dividend® to d ep ositors d u rin g th e six m onths ending D ecem ber 31, 1918................................................................... T ota l earn ings o f th e bank fo r the yea r 1918, a fte r a llow in g fo r a m ortiza tion o f prem ium s and d iscou n ts.................................... $ 3 2 9,2 0 0 34 T ota l expenses o f th e bank fo r th e yea r 1918.................................. 4 3 ,6 5 2 18 D ividends p a id to d ep ositors fo r th e yea r 1918............................. 207,7 3 6 56 N et earn in gs fo r th e y ea r 1918 ov er expenses and dividen ds p a id t o d ep ositors ................................................................................. 77,811 60 1814 R eport on S a v j i ^g s B a n k s 80. MAIDEN DANE SAVINGS BANK, NEW YORK CITY [170 Broadw ay; Incorporated 1903] F. A. RINGLER, President. C H A M J S R. JUNG, Vice-President. HUGO H. BUTTERBUSCH, Vice-Pres. J. HEYNBN, Secretary. TRUSTIES J S t l f , iT ’A DAM if418, L ^ ^ B T O lf H A L I u ' WALTER G. KING, AUG. OPPENHEIMER, C. EDWARD B IL M U IS T , F. A. RINGLER, CHAS. W . LUCAS, HUGO B . ROELKER, JOHN P . WINDOLPH, ltOBT. SCHALKENBACH, JACOB WERNER, LEOPOLD STERN, HUGO H . RITTBRBUSCH. f in a n c i a l RESOURCES B onds and m ortgages . , . .......................................................................... $ 1 ,2 6 7 ,7 2 5 00 S tock and bond Investm ents, v iz .: P ar O riginal Estim ated Stocks and bonds value cost market value United States.......................... $290,250 00 $290,250 00 $290,250 00 StfttA of Oklahom a................. 42,500 00 43,012 08 42,076 00 sta te Oi New M exico............. 14,800 OOi 14,526 25 14, 525 00 Cities in other States........... 106,077 00 107,442 38 106,192 38 d fle s in this State............... 138,900 00 139,236 00 133,771 00 Counties in this State........... 13,000 00 13,192 97 12,675 00 Villages in this State............ 14,500 00 14,562 46 14,570 00 Railroad mortgage b on d s.... 216,000 00 206,777 03 185,420 00 834,727 00 $828,998 17 $799,478 38 7 9 9 ,4 7 8 38 1 ,5 8 0 00 P r u p k s o ry n otes ....................................................................................... O ther rea l estate, book valu e, $91,941.39; cost, $91,941.39; a ctu a l cash valu e .................. ................................................................ Cash on dep osit in banks o r tru st com panies ............................. C a$r oft hand .............................................................................................. T ota l o f collectib le in t e r e s t ......... ......................................................... 9 1 ,9 4 1 129,4 5 5 1 0 ,9 4 3 3 0 ,9 8 4 39 21 38 42 $ 2 ,3 3 2 ,1 0 7 78 LIAB ILITIES A m oun t due d ep ositors, v iz .: Principal .............................................................................. $2,258,670 69 Dividends credited or to be credited for the six 38,532 93 months ending w ith December 31, 1918............. . ------------------ $ 2 ,2 9 7 ,2 0 3 62 S u rplu s on m arket va lu e ...................................................................... 3 4 ,9 0 4 16 $ 2 ,3 3 2 ,1 0 7 78 S u rplu s on par va lu e, $70,152.78. C A SH TR A N SA C TIO N S D U R IN G TH E Y E A R 19J8 RECEIPTS Cash on hand and in banks o r tru s t com panies Jan u ary 1, 1918, b efore tran sa ction s o f th e d a y ............................................. F rom d ep ositors, n ot in clu d in g dividen ds cred ited .................... F rom in terest on loa n s, dep osits and in vestm en ts......................... F rom ren ts from oth er rea l e s t a t e .................................................... F rom m ortgages ......................................................................................... F rom redem ption o f stock s and bonds ............................................. F rom stock s and bonds sold (to ta l p a r va lu e, $ 3 9 0 ,9 5 0 .0 0 ).. F rom loan s paid ....................................................................................... F rom rea l esta te sold .......................................................................... $84,6 7 1 1 ,5 3 5 ,0 2 8 109,652 6 ,6 5 2 5 4 ,4 5 0 181,247 3 9 0 ,9 5 0 080 2 6 ,0 0 0 74 08 14 00 00 00 00 00 00 $2,389,330 96 H ew Y ork County 195 PAYMENTS $ 1 ,5 6 7 ,8 2 5 T o d ep ositors in clu d in g dividen ds paid to th em . . 2 4 ,0 0 0 F or loa n s on bonds and m ortgages ............................. 2 ,2 6 0 F or loan s on stock s and bonds and oth er secu rities F or stocks and bonds purchased, in clu d in g prem ium s, com m is 4 9 5,199 sion s, etc. (to ta l p a r valu e, $ 4 9 5 ,1 9 9 .0 3 ).................................. 1 ,8 5 0 F or in terest (o th e r th an dividen d paym ents to d e p o s ito r s ). . . F o r cu rren t expenses o f th e bank, v iz .: $9,208 16 For salaries......................................................................... F or ta x es: Surplus........................................................... 284 72 For rent o f banking room s.............................................. 2,50000 For expenses o f other real estate, v iz .: Repairs ......................................................................... 2,460 11 Insurance ...................................................................... 767 68 Taxes .............................................................................. 2,766 70 Other .............................................................................. 962 37 For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. 3,408 24 2 2 ,3 5 7 F or rea l estate acquired b y foreclosu re, or in settlem ent o f debts due th e bank .............................................................................. 2 3 ,6 3 3 O ther paym ents, v iz .: Repayment o f loans............. $104,262 50 Improvement to real estate. 7,141 85 W ar Savings Stamps........... 400 00 111,804 Cash on hand and in banks o r tru st com panies D ecem ber 31, 1918, a fte r tran sa ction s o f th e d a y ............................................... 140,398 78 00 00 93 94 97 40 35 59 $ 2 ,3 8 9 ,3 3 0 96 S T A T IS T IC A L IN FO R M A TIO N N um ber o f open accou n ts J an u ary 1, 1919...................................... 7 ,4 0 3 N um ber o f accou n ts opened or reopened du rin g th e y e a r____ 2,010 N um ber o f accou nts closed du rin g th e y e a r.................................... 1 ,863 A m oun t dep osited du rin g th e yea r, n ot in clu d in g dividen ds cred ited fo r th a t p eriod ..................................................................... $ 1 ,5 3 5 ,0 2 8 08 A m oun t w ithdraw n du rin g th e y e a r................................................. 1 ,5 6 7 ,8 2 5 78 A m oun t o f dividen ds cred ited and p a id fo r th e yea r, v iz .: July 1, 1918........................................................................... $38,922 72 January 1, 1919.................................................................... 38,532 93 7 7 .45 5 65 A verage am ount o f each accou n t Jan u ary 1, 1919 .................... 310 30 R a te p er cen t, o f dividen ds to d ep ositors du rin g th e s ix m onths en din g Ju n e 30, 1918 .......................................................................... 4 R a te per cen t, o f dividen ds to dep ositors d u rin g th e six m onths 4 T ota l earn ings o f th e bank fo r th e yea r 1918, a fter a llow in g fo r a m ortiza tion o f prem ium s and d iscou n ts...................................... $116,581 99 T o ta l expenses o f th e bank fo r th e yea r 1918 ............................. 2 6 ,6 2 0 47 D ividen ds p a id t o d ep ositors fo r th e year 1918 ......................... 7 7 .45 5 65 N et earn in gs fo r th e y ea r 1918 over expenses m id dividen ds p a id to d ep ositors ................................................................................. 1 2 ,50 5 87 196 R eport on S a v in g s B a n k s THE MANHATTAN SAVINGS INSTITUTION, NEW YORK CITY 1644-646 B roadw ay; incorporated 1850] CONSTANT M. BIBO, President. BENJAMIN GRIFFEN, VlcerPresldent. ARTHUR STILES, Secretary. DAVID SANDS, Assistant Secretary. TRUSTEES BENJAMIN GRIPFEN, EDWARD V. Z. LANE, RICHARD LATHERS, JB., ROBERT A . MeKIM. EDWIN S. SCHENCK, J. MCLEAN WALTON. FRANKLIN B. WARE, W ALTER C. STOKES, CONSTANT M. BIRD, PH ILIP J. ROSS, FRANCIS B. GRIFFIN, HERBERT W . MORSE, Z. TAYLOR EMERY, HARRISON K. BIRD, FREDERIC W. FROST, THOMAS E. LOVEJOY. EDMOND L. KNOEDLER, WALTER W. STOKES. ARTHUR C. CROMBRE, ARTHUR STILES, S. JOSEPH DRAKE. FINANCIAL RESOURCES $ 6 ,3 1 2 ,5 5 0 00 B on ds and m ortgages ............................................. S tock and bond investm ents, v iz .: Estimated Par Original Stocks and bonds cost market value value $414, M0 00 $414,050 00 $414,060 00 United States..................... 358,582 65 308,000 00 330,000 00 Cities In other State----1,486,700 00 1,835,382 50 1,690, M0 M Cities in this State.......... 106,720 00 116,0M 00 116,0M 00 Towns In th is State— 7,500 M 7,312 50 7,600 00 V illages In this S ta te .... 1,310,480 00 1,486,000 00 1,667,137 50 Railroad mortgage bonds $4,042,550 00 $4,397,652 65 $3,633,262 50 3 ,6 3 3 ,2 6 2 50 B anking house and lo t, book va lu e, $550,000; co st, $810,160.09; a ctu a l cash v a lu e ................................................................................... O ther rea l esta te, b ook va lu e, $500,452.48; co st, $561,020.66 a ctu a l cash valu e ................................................................................. C ash on d ep osit in banks o r tru st com pan ies.................................. C ash on hand .............................................................................................. T o ta l o f collectib le in terest ................................................................... Am ount, o f a ll oth er assets, v iz .: R en t accru ed ......................... 5 5 0 ,0 0 0 00 5 0 0 ,4 5 2 7 7 3 ,2 0 2 7 1 ,2 9 5 8 5 ,0 6 6 420 $ 1 1 ,9 2 6 ,2 5 0 48 51 71 34 50 04 $ 1 0 ,9 4 8 ,1 4 4 8 1 ,0 4 1 8 9 7 ,0 6 3 $ 1 1 ,9 2 6 ,2 5 0 89 49 66 04 LIAB ILITIES A m ou n t du e d ep ositors, v iz .: Principal .............................................................................. $10,704,628 09 Dividends credited or to be credited fo r the six months ending with December 31, 1918....................., 183,516 80 O ther lia b ilitie s , v iz .: L ib erty B ond d ep osits S u rplu s on m arket valu e .................................. S u rplu s on par va lu e, $1,306,351.16. C A SH T R A N SA C T IO N S D U RIN G . TH E Y E A R 1918 RECEIPTS Cash on hand and in banks o r tru st com panies J an u ary 1, 1918, b efore tran sa ction s o f th e d a y ........................................... F rom d ep ositors, n ot in clu d in g dividen ds cre d ite d ....................... F rom in terest on loa n s, d ep osits and in vestm en ts........................... Fyom ren ts from h an king h o u s e ..................................................... F rom ren ts from oth er rea l esta te ............................ ........................... F rom m o r tg a g e s .......................................................................................... F rom redem ption o f stock s and b on d s............................................... F rom stock s and bonds sold (to ta l p a r va lu e,$ 7 3 6 ,5 0 0 )........... F rom rea l estate sold ............................................................................ F rom a ll oth er sou rces, v iz .: Settlem ent o f legal action.............................................. 2,500 00 ------------------ $ 6 3 1,3 5 6 3 ,3 8 7 ,2 8 8 5 0 0 ,6 6 9 2 0 ,0 0 0 4 6 ,3 0 7 4 1 3 ,8 5 0 1 0 2 ,5 0 0 728,551 1 0 ,0 0 0 28 38 20 00 84 00 00 39 00 2 6 ,1 2 3 00 $ 5 ,8 6 6 ,6 4 6 09 N ew Y ork County 197 PAYMENTS T o d ep ositors, in clu d in g dividen ds p a id to th em ........................... $ 4 ,0 8 2 ,2 9 0 F or loan s on bond and m ortga ges........................................................ 6 0 ,5 0 0 F or stock s and bonds purchased, in clu d in g prem ium s, com m is sion s, etc. (to ta l pa r valu e, $ 6 1 9 ,3 0 0 ).................. ........................ 619,300 F or in terest (o th e r than dividen d paym ents to d e p o s ito r s ).. 1 ,377 F or cu rren t expenses o f th e bank, v iz .: Poar salaries........................................................................... 140,395 41 For taxes: Banking house, $7,366.80; surplus, $6,566.18 .............................................................................. 13,932 98 For expenses, except taxes, o f banking house: R ep a irs........................................................................... 3,560 18 Insurance ...................................................................... 1,130 52 Other .............................................................................. 11,813 76 For expenses o f other real estate, v iz .: Repairs ........................................................................... 7,481 58 Insurance ...................................................................... 3,020 25 T a x e s.............................................................................. 10,408 42 Other .............................................................................. 26,972 40 For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. 12,896 49 131,611 F or real estate acqu ired by foreclosu re, or in settlem en t o f 126,808 debts due th e b a n k .............................................................................. O ther paym ents, v iz .: L ib erty L oan a ccou n t........................................ 260 Cash on hand and in banks o r tru st com panies D ecem ber 31, 1918, a fter tran sa ction s o f th e d a y ............................................... 844,4 9 8 26 00 00 45 99 17 00 22 $ 5 ,8 6 6 ,6 4 6 09 S T A T IS T IC A L IN FO R M A TIO N N um ber o f open accou nts Janu ary 1, 1919...................................... 2 1 ,2 4 4 N um ber o f accou nts opened o r reopened du rin g th e y e a r ____ 3 ,5 1 2 N um ber o f a ccou n ts closed du rin g th e y e a r.................................. 3 ,5 9 3 A m oun t dep osited du rin g th e yea r, n ot in clu d in g dividen ds cred ited fo r th a t p e rio d ..................................................................... $ 3 ,3 8 7 ,2 8 8 38 A m oun t w ith draw n du rin g th e y e a r................................................. 4 ,0 8 2 ,2 9 0 26 A m oun t o f dividen ds cred ited and pa id fo r th e yea r, v iz .: July 1, 1918........................................................................... $178,520 44 January 1, 1919.................................................................... 183,516 80 -----------------362,037 24 A verage am ount o f each accou n t J an u ary 1, 1919......................... 515 35 R a te per cen t, o f dividen ds to dep ositors d u rin g th e six m onths ending Jun e 30, 1918.......................................................................... 3% R ate per cen t, o f dividen ds to d ep ositors du rin g th e six m onths ending D ecem ber 31, 1918................................................................. 3 % and 4 T ota l earn ings o f th e bank fo r th e yea r 1918, a fter a llow in g fo r a m ortiza tion o f prem ium s and d iscou n ts.................................. 5 5 3 ,2 9 5 44 T ota l expenses o f th e bank fo r th e yea r 1918............................... 132,567 43 D ividends pa id to d ep ositors fo r th e year 1918............................. 362,0 3 7 24 N et earn ings fo r th e y ea r 1918 over expenses and dividends pa id to d ep ositors .............................................................................. 5 8 ,6 9 0 77 198 R 82, eport on S a v in g s B a n k s METROPOLITAN SAVINGS BANK, NEW YORK CITY [1-3 Third avenue; incorporated 1 ® ] ROBERT D. ANDREWS, President. AUGUSTUS K. SLOAN, V ice-President EDWARD H. SWAN, Vice-President. FRANCIS H. MOFFET, Secretary. TRUSTEES AUG. S. HUTCHINS, JONATHAN B. CURREY, WALDO HUTCHINS, LEE W. GROVES, W ILLIS S. PAINE, AUGUSTUS K . SLOAN, ROBERT D. ANDREWS, AUGUSTUS H. SANDS, EDWARD H. SWAN, W ILLIAM C. EDWARDS, THOMAS DARLINGTON, JOHN S. SPENCER. EDWARD S. PEGRAM H. R. ANDERSON, PRESTON P. LYNN. FINANCIAL RESOURCES B onds a n d m o r tg a g e s ................................................................................ $ 8 ,1 4 1 ,6 9 3 00 S tock and bon d in vestm ents, v iz .: Par O riginal Estimated Stocks and bonds value cost market value United States............................. $1,138,300 00 $1,133,840 00 $1,138,300Oft State o f M assachusetts........ 300,000 00 213,250 00 175,50000 Cities in other States............ 1,221,000 00 1,268,411 45 1,179,62500 Cities in this State............... 2,022,900 00 2,062,359 50 1,892,985Oft Railroad mortgage b on d s.... 2,131,000 Oft 2,183,846 25 1,834,52000 $6,713,200 00 $6,851,707 20 $6,220,930 00 — _ _ ......- ....... - .. B an k in g h ouse and lo t , b ook va lu e, $95 ,0 0 0 ; co st, $243,346.21; a ctu a l cash v a lu e ..................................................................................... O ther rea l esta te, b ook va lu e, $320,678; co st, $320,678; a ctu a l cash va lu e ................................................................................................. C ash on d ep osit in banks o r tr u s t com pan ies.................................... Cash, o n h a n d ................................................................................................ T o ta l o f collectib le in te re st................................................................... 6 ,2 2 0 ,9 3 0 00 9 5 ,0 0 0 00 2 6 3 ,7 6 4 6 6 1 ,0 0 9 3 1 ,9 2 9 1 4 0,013 36 08 13 15 $ 1 5 ,5 5 4 ,3 3 8 72 LIAB ILITIES A m ou n t due dep ositors, v iz .: Principal .............................................................................. $14,440,210 21 Dividends credited or to be credited for the six months ending w ith December 31, 1918....................... 274,904 10 ------------------ $ 1 4 ,7 1 5 ,1 1 4 31 8 3 9 ,2 2 4 41 S u rplu s on m arket v a lu e ....................................................................... $ 1 5 ,5 5 4 ,3 3 8 72 S u rplu s on p a r va lu e, $1,331,494.41. C A SH T R A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS C ash on hand and in banks o r tr u s t com panies Janu ary 1, 1918, b efore tra n sa ction s o f th e d a y ......................................................... $8 3 1,6 8 3 97 F rom d ep ositors, n o t in clu d in g dividen ds cre d ite d ....................... 3 ,1 9 6 ,7 7 0 02 F rom in terest on loa n s, d ep osits an d in vestm en ts........................ 6 7 2 ,8 2 2 84 F rom ren ts from ban kin g h ou se.......................................................... 3 ,9 3 7 13 F rom ren ts from oth er rea l esta te ..................................................... 2 1 ,51 1 98 F rom m ortga ges ........................................................................................ 9 5 ,9 7 0 00 F rom redem ption o f stock s and b on d s............................................... 1 7 0 ,0 0 0 00 F rom stock s and bonds sold (to ta l p a r va lu e,$ 6 1 6 ,5 3 7 .2 0 )____ 6 1 3 ,6 3 7 20 7 ,7 5 6 69 F rom rea l esta te s o ld ............................................................................... F rom a ll oth er sou rces, v iz .: Liberty Loan account........................................................ $10,098 00 Interborough Company account...................................... 825 00 -------------------------------------- 1 0 ,92 3 00 $ 5 ,6 2 5 ,0 1 2 83 N ew Y ork C ounty 1&9 PAYMENTS T o d ep ositors, in clu d in g dividen ds p a id t o th em ........... . ............. . $ 3 ,5 0 4 ,9 5 1 2 7 ,0 0 0 F o r loa n s on bonds and m ortga ges............................... ............ ......... F o r stock s an d bonds purchased1, in clu d in g prem ium s, com m is 1 ,3 2 0 ,0 0 7 sion s, etc. (to ta l p a r valu e, $ 1 ,3 2 5 ,4 0 2 .5 0 ).................................. 2 ,8 0 3 F or in terest (o th e r th a n dividen d paym ents to d e p o s ito r s ). . . F o r cu rren t expenses o f th e bank, v iz .: F or salaries......................................................................... $23,364 61 F or ta x es; Banking house, $2,222.85; surplus, $8,079.40 ...................................................................................... 10,302 S For expenses, except taxes, o f tanking house: R ep a irs............................................... 676 11 Insurance ...................................................................... 20? 95 Other .............................................................................. 26 90 For expenses o f other real estate, v iz .: R ep a irs..................................... 10,779 63 Insurance ...................................................................... 962 fct Taxes .................................................................. 5,449 16 F or other expenses, not including expenses o f other real estate nor other expenses o f tanking house.. 14,170 57 6 5 ,9 2 9 F or rea l esta te acqu ired b y foreclosu re, o r in settlem en t o f 1 1 ,38 2 debts due th e b a n k ................................................................................. Cash on hand and in banks o r tru s t com panies D ecem ber 31, 1918, a fter tran sa ction s o f th e d a y ................................................. 6 9 2 ,9 3 8 26 00 15 63 78 79 21 $ 5 ,9 2 5 ,0 1 2 83 S T A T IS T IC A L IN FO B M A TIO N N um ber o f open accou nts Jan u ary 1, 1919...................................... 19,444 N um ber o f accou n ts opened o r reopened* du rin g th e y e a r ____ 2 ,8 9 7 N um ber o f accou nts closed d u rin g th e y e a r.................................. 4 ,2 8 6 A m ou n t dep osited du rin g th e yea r, n ot in clu d in g dividen ds cred ited fo r th a t p e rio d ...................................................................... $3,196*770 02 A m oun t w ith draw n du rin g th e y e a r............................................... 3,504*951 26 A m ou n t o f dividen ds cred ited and p a id fo r th e yea r, v iz .: July 1, 1918........................................................................... $275,718 98 January 1, 1919........................ ........................................... 274,904 10 5 5 0 .6 2 3 08 A verage am ount o f each a ccou n t Ja n u a ry 1, 1919...................... 756 79 B ate p er cen t, o f dividen ds to d ep ositors du rin g th e s ix m onths en din g Ju n e 30, 1918............................................................................ 4 B ate per cen t, o f dividend® to dep ositors du rin g th e six m onths en din g D ecem ber 31, 1918................................................................. 4 T ota l earn ings o f th e bank fo r th e y ea r 1918, a fter a llow in g fo r a m ortiza tion o f prem ium s and d iscou n ts............................. 6 9 4 ,9 0 9 89 T ota l expenses o f th e Dank fo r th e yea r 1918............................. 8 5 ,9 2 9 79 D ividends p a id t o d ep ositors fo r th e year 1918............................. 5 5 0 .6 2 3 08 N et earn in gs fo r th e year 1918 over expenses and dividen ds p a id to d ep ositors .............................................................................. 7 8 ,3 5 7 02 200 B epobt oh S a v in g s B a n k s 83. HEW YORK SAVINGS BANK, NSW YORK CITY {S3 Eighth avenue; incorporated 1854J W ILLIAM FBLSINGEB. President. W ALTER B . BBINCKERHOFF, Sec. ALEXANDER M. WELCH, Vice-Free. JAMES L . WANDLINQ, Treasurer. C. L. BLAHELOCK, A sst. Treasurer, TRUSTEES albtaw p : WILLIAM JAMES L. V EIBE D. COl HERBERT D . BROWN, BfiBUVmn. W ILLIAM J . HOE, W ILLIAM W . HALL, W ILLIAM J. SLOANE, W . B. BRINCKERHOFF, JOHN A . DUTTON. F IN A N C IA L RESOURCES B on ds and m ortga ges.............................................................................. $ 2 3 ,1 8 3 ,5 7 5 00 S tock and bond investm ents, v iz .: P ar O riginal Estimated S tock s m i bonds value cost market value United States.................12,738,360 00 $2,718,296 60 $2,738,350 00 sta te Of New York.................. 300,000 00 307,125 00 312,00000 State o f California................ 400,000 00 376,000 00 376,00000 100,000 00 94,646 00 96,00000 State o f M aryland.................. State o f M assachusetts........ 660,000 00 703,710 00 579,60000 400,000 00 426,890 60 414,00000 State o f Tennessee................ Cities in other States............ 6,910,600 00 6,208,982 06 6,842,42600 Cities in this State................ 4,018,600 00 4,091,395 40 3,998,19000 Counties in thisS ta te........... 246,000 00 249,486 00 237,360 00 R ailroad m ortgageb on d s.... 7,867,000 00 8,074,435 09 7,207,930 00 $22,620,360 00 $23,245,964 74 $21,801,7% 00 P rom issory n otes ................................: ................... ............................ B an k in g house and lo t, book va lu e, $250,000; co st, $449,851.80; a ctu a l cash v a lu e ................................................................................... O th er rea l esta te, b od e va lu e, $420,808.71; co st, $437,901.08; a ctu a l cash v a lu e ................................................................................... Cash on d ep osit in banks o r tr u s t com pan ies.............................. C a d i on h a n d .............................................................................................. T o ta l o l co lle ctib le in te re st................................................................... 2 1 ,8 0 1 ,7 5 5 00 5 ,4 5 0 00 2 5 0 ,0 0 0 00 4 2 0 ,8 0 8 2 ,3 0 0 ,7 3 0 0 4 ,2 8 5 4 3 0 ,5 2 3 71 72 21 85 •$48,403,128 49 LIAB ILITIES A m oun t due d ep ositors, v iz .: Principal .............................................................................. $43,784,009 47 Dividends credited or to be credited fo r the six months ending with December 31, 1918....................... 834,459 69 ■$44,018,469 16 S u rplu s on m arket valu e 3 ,8 4 4 ,0 5 9 33 $ 4 8 ,4 6 3 ,1 2 8 49 S u rplu s on p a r va lu e, $4,063,254.33. C A SH T R A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS C ash on hand and in hanks o r tru s t com panies J an u ary 1, 1918, b efore tran sa ction s o f th e d a y ............................................. $ 3 ,1 3 4 ,3 4 4 40 F rom d ep ositors, n o t in clu d in g dividen ds cre d ite d .................... 7 ,9 0 5 ,8 7 2 84 F rom in terest on loa n s, d ep osits a n d in vestm en ts......................... 2 ,1 2 7 ,5 7 6 88 F rom ren ts from oth er re a l esta te .................................................... 4 4 ,4 9 0 63 F rom m ortgages ....................................................................................... 7 6 7 ,5 6 2 53 F rom redem ption o f stock s and b on d s............................................. 3 ,2 8 0 ,0 0 0 00 F rom stock s and bonds sold (to ta l p a r va lu e, $ 1 ,0 0 4 ,3 5 0 )____ 1 ,0 0 4 ,3 5 0 00 N ew Y ork 201 County F rom loa n s p a id ..................................................................... ................. From rea l esta te s o ld ................................................................................ From a ll oth er sou rces, v is .: From insurance, Are losses.............................................. 1854 76 91 *5 Insurance premiums refunded........................................ Rents, real estate under foreclosure.............................. 276 10 $400 00 1 1 3 ,6 5 0 00 1 ,2 2 2 81 $ 1 8 ,3 8 5 ,4 7 0 00 PAYMENTS T o d ep ositors, in clu d in g dividen ds p a id to th em ........................... $ 9 ,3 0 2 ,2 2 7 3 8 3 ,0 0 0 F or loa n s on bonds a n d m ortga ges...................................................... 5 ,8 5 0 F or loa n s on stock s and bonds and oth er secu rities......... %. . . . F or stock s and bonds purchased, in clu d in g prem ium s, com m is sion s, etc. ( to ta l pa r valu e, $ 6 ,0 4 5 ,5 0 0 )...................................... 6 ,0 2 5 ,3 7 6 11 ,62 0 F or in terest (oth er than dividen d paym ents t o d e p o s ito rs ). . . F or cu rren t expenses o f th e bank, v iz .: $81,594 70 For salaries........................................................................... For taxes: Banking house, |6,076.50; surplus, 33,392 46 $27,315.96 ................... ...................................................... For expenses, except taxes, o f banking house: 767 26 Repairs ......................................... ................ ............... For expenses o f other real estate, v iz .: 6,711 18 Repairs ........................................................................... 3,579 50 Insurance ...................................................................... Taxes .............................................................................. 8,991 21 12,466 15 Other .............................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. 12,662 23 160,144 F or rea l esta te acquired b y foreclosu re, o r in settlem en t o f debts du e th e b a n k ...................................... .......................................... 121,941 O ther paym ents, v iz .: Real estate improvements................................................ $8,893 30 Commission, expense, sale o f real estate..................... 827 90 Fire loss............................................................................... 571 78 1 0 ,202 Cash on hand and in banks o r tru st com panies D ecem ber 31, 1918, a fter tran sa ction s o f th e d a y ................................................ 2 ,3 6 5 ,0 1 5 68 00 00 00 06 63 88 96 93 $ 1 8 ,3 8 5 ,4 7 0 09 S T A T IS T IC A L IN FO R M A TIO N N um ber o f open accounts Janu ary 1, 1919...................................... 5 1 ,0 0 3 N um ber o f accou n ts opened o r reopened du rin g th e y e a r......... 6 ,8 1 0 N um ber o f aeeounts closed du rin g th e y e a r.................................. 7 ,9 0 7 A m ount deposited d u rin g th e yea r, n ot in clu d in g dividend# cred ited fo r th a t p e rio d ........................................................................ $ 7 ,9 0 5 ,8 7 2 84 A m oun t w ithdraw n du rin g th e y e a r.................................................... 9 ,3 0 2 ,2 2 7 68 A m ou n t o f dividen ds cred ited and p a id fo r th e yea r, v iz .: July 1, 1918............................................................................ $839,725 26 January 1, 1919.................................................................... 834,459 69 1 .6 7 4 .1 8 4 94 A verage am ou n t o f each a ccou n t Janu ary 1, 1919......................... 874 81 R a te p er em it, o f dividen ds to dep ositors d u rin g th e s ix m on th s en din g Jun e 30, 1918............................................................................ 4 R ate p er em it, o f dividen ds t o d ep ositors d u rin g th e s ix m onths en din g D ecem ber 31, 1918................................................................. 4 T ota l earn ings o f th e bank fo r th e year 1918, a fte r a llow in g fo r a m ortiza tion o f prem ium s and d iscou n ts...................................... $ 2 ,1 7 5 ,6 6 8 64 T ota l expenses o f th e bank fo r th e yea r 1918.................................. 164,144 68 D ividen ds p a id t o d ep ositors fo r th e yea r 1918............................. 1 .6 7 4 .1 8 4 94 N et earn ings fo r th e yea r 1018 over expenses and dividen ds p a id t o d ep ositors................................................................................. 3 4 1 ,3 3 9 02 m R eport on S a v in g s B anks 84. NORTH RIVES SAVINGS BANE, NEW YORK CITY [31 W est 84th street; Incorporated 1866] CHARLES ROHE, President. RANALD H. MACDONALD, Vtce-Pres. ALBERT B. ASHPORTH, Vice-President. GEORGE T. CONNETT, Treasurer. HERMAN P. DIETMANN, Asst. Treas. HOBART G. MILBANK, A sst. Secy. TRUSTEES CHARLES H. PARSONS, H. SAGE. HFORTH, THEODORE H . BANKS, ROBERT H . GOFBTL GEORGE G . P O S T ® , HENRY B. FISCHER, GEORGE T. CONNETT, PRANK PRESBREY, LAURENCE MoGUIRE, THOMAS H ILDT. SAMUEL W. REYBURN. FINANCIAL RESOURCES a ad m ortga ges..................... . . . . ............................................. $ 5 ,1 0 5 ,6 5 1 05 S tock an d bond in vestm ents, v iz .: Par Original Estimated S tock s and bonds value cost market value United States........................... fm ,650 0ft 1781,665 Oft f78l,655 00 State o f New York................ 100,000 00 107,890 63 110,00000 State o f M assachusetts........ 300,000 00 329,089 uO 264,00000 State o f Tennessee.................. 60,000 00 52. 545 10 51,500 00 895,000 00 945,625 65 879,65000 Cities in other states........... Cities In this state............... 925,000 00 996,200 48 954,22500 Counties in this State............ 110,000 00 115,803 39 113,25000 Villages in this State........... 103,000 00 104,807 28 106,04000 Railroad mortgage b on d s.... 1,175,000 00 1,222,072 18 1,040,00000 84.441,660 00 84,664,868 71 84,300,220 00 4 ,3 0 0 ,2 2 0 00 Bai|lpng h ouse and lo t , b od e va lu e, $237,000; cost, $237,000; a clu a i eash v a lu e ................................................................................... C a d i on d ep osit in banks o r tru st com pan ies.................................. C ash on h a n d ................................................................................................ T o ta l o f co lle ctib le in te re st................................................................... A m ou n t o f aH o th e r a ssets, v iz .: U . S. W a r S avin gs and T h rift Stam ps ......... *........................................................................... 2 3 7 ,0 0 0 4 4 2 ,7 3 7 1 6 ,60 7 1 0 7 ,6 0 0 00 16 34 41 180 00 $ 1 0 ,2 1 0 ,0 0 4 06 LIAB ILITIES A m ou n t du e d ep ositors, v iz .: Principal .............................................................................. 89,416,972 16 Dividends credited or to he credited fo r the six months ending w ith December 31, 1918...................... 164,464 SB ------------------ $ 0 ,5 8 1 ,4 3 6 41 O th er lia b ilitie s , v iz .: Liberty Bond deposits........................................................ 812,992 60 Rents deceived to be applied as pear agreem ent.......... 2,847 73 ---------------------------------------1 5 ,8 4 0 23 S u rplu s on m arket v a lu e ........................................................................ 6 1 2 ,8 1 8 32 $ 1 0 ,2 1 0 ,0 0 4 06 S u rplu s on p a r va lu e, $754,248.82. C A $ P T ^ 1 P 4 C T I 0 N S D U R IN G TH U Y E A R 1018 RECEIPTS Cash on hand and in banks o r tru st com panies J an u ary 1, 1018, b efore transaction® o f th e d a y ............................................... F rom d ep ositors, n o t in clu d in g d ivid en d s cre d ite d ..................... F rom in terest on loa n s, deposit® and in vestm en ts......................... F rom ren ts from oth er rea l e s t a t e ............................................... F rom m ortgages .......................................................................................... F rom redem ption o f stock s and b on d s............................................... $ 7 6 3,0 4 4 2 ,0 7 2 ,3 3 6 4 4 0 ,8 3 8 1 ,0 5 2 8 5 ,9 9 8 9 8 0 ,0 0 0 13 62 35 01 95 00 N ew Y ork C oun ty F rom stock s and bonds sold (to ta l pa r valu e, $739,650) F rom loa n s p a id .......................................................................... F rom rea l estate s o ld ................................................................... F rom a ll oth er sou rces, v iz .: Interest, satisfaction pieces, appraisals, insurance premium ............................................................................ $579 15 Surety bond premium, adjustm ent of rents, com mission, insurance........................................................... 4,&$0 88 Liberty Loan Bonds, WarSavings Stamps................. 536,607 43 Deposit on account o f sale of real estate................... 5,000 00 203 $ 7 3 9,6 5 0 00 9 8 ,9 2 1 87 5 5 ,0 0 0 00 547,017 46 $ 6 ,6 8 3 ,8 5 9 39 PAYMENTS T o d ep ositors, in clu d in g dividen ds p a id t o th em ......................... $ 3 ,2 6 3 ,0 5 5 3 0 ,0 0 0 F or loan s on bonds and m ortga ges................................................... 9 8 ,92 1 F or bankers’ acceptances and b ills o f exch an ge........................... F or stock s and bonds pu rch ased, in clu d in g prem ium s, com m is 2 ,1 7 2 ,9 5 5 sion s, etc. (to ta l p a r va lu e, $ 2 ,1 7 5 ,0 5 0 .)...................................... 4 ,3 2 0 F or in terest (oth er than dividen d paym ents to d e p o s ito r s ). . F or cu rren t expenses o f th e bank, v iz .: F or salaries ........................................................................ $32,372 53 For ta x es: Banking house, $7,598.52; surplus, $5,821.23 .............................................................................. 13,419 75 For expenses, except taxes, o f banking house: Repairs ........................................................................... 177 80 Other .............................................................................. 1,220 22 For expenses o f other real estate, v iz .: R ep a irs........................................................................... 425 69 Taxes .............................................................................. 941 58 Other .............................................................................. 1,982 81 For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. 10,1# 34 6 0 ,6 8 0 O ther paym ents, v iz .: Liberty Loan Bond's........................................................... $577,804 28 W ar Savings Stamps and Certificates........................... 13,(36 93 Adjustm ent o f rents, interest in m ortgages............... 3,050 70 594,491 Cash on hand and in banks o r tru st com panies D ecem ber 31, 4 5 9 ,4 3 4 1918, a fter tran sa ction s o f th e d a y ................................................. 48 00 87 00 01 62 91 50 $ 6 ,6 8 3 ,8 5 9 39 S T A T IS T IC A L IN FO R M A TIO N N um ber o f open a ccou n ts Jan u ary 1, 1919.................................. 2 1 ,3 2 4 N um ber o f accou n ts opened o r reopened du rin g th e y e a r ____ 3 ,7 6 0 N um ber o f accou nts closed du rin g th e y e a r.................................. 3 ,4 1 5 A m oun t dep osited d u rin g th e yea r, n o t in clu d in g dividen ds cred ited fo r th a t p e r io d ........................................................................ $ 2 ,9 7 2 ,3 3 6 62 A m oun t w ith draw n du rin g th e y e a r.................................................... 3 ,2 6 3 ,0 5 5 48 A m oun t o f dividen ds cred ited and p a id fo r th e yea r, v iz .: July 1, 1918........................................................................... $163,174 81 164, # 4 25 January 1, 1919.................................................................... 3 2 7 .6 3 9 06 A verage am ount o f each accou n t Jan u ary 1, 1919......................... 449 32 R a te per cen t, o f dividen ds to d ep ositors du rin g th e s ix m onths en din g June 30, 1918 .......................................................................... 3 % and 4 R ate per cen t, o f dividen ds to d ep ositors d u rin g th e six m onths en din g D ecem ber 31, 1918................................................................. 3 % and 4 T ota l earn in gs o f th e bank fo r th e yea r 1918, a fter a llow in g fo r a m ortiza tion o f prem ium s and d iscou n ts............................. $ 4 36,665 81 T ota l expenses o f th e bank fo r th e yea r 1918.................................. 6 2 ,9 9 4 90 D ividen ds paid to d ep ositors fo r th e yea r 1918............................. 3 2 7 .6 3 9 06 N et earn ings fo r the yea r 1918 over expenses and dividen ds paid to d ep ositors ................................................................................. 4 6 ,03 1 85 204 R eport on S a y in g s B anks 85. SEAMEN'S BANK FOR SAVINGS IN THE CITY OF NEW YORK [74-76 W all street; incorporated 1829] DANIEL BARNES, President. GEORGE F. CRANE. Vice-President. EUGENE DELANO. Vice-President. FREDERICK A. CUMMINGS. Treasurer. W ILLISTON H. BENEDICT, Secretary. GEORGE M. HALSEY, Cashier. TRUSTEES WILLIAM E. STIGER, GEORGE C. CLARK, P. A . S. FRANKLIN, GEORGE F. CRANE, EUGENE DELANO, W. H. BENEDICT, SAMUEL SLOAN, ANTON A . RAVEN, HENRY B. TAYLOR. WM. A. BUTLER. E. H. OUTERBRIDGE, DANIEL BARNES, W ILLIAM L. BENEDICT, CORNELIUS ELDERT, W ILLIAM A . HAZARD, ELLIS G. RICHARDS, GEO. M. HALSEY, W. N. DUANE. ROBERT S. BREWSTER, V. EVERIT MACY. F IN A N C IA L RESOURCES $ 4 2 ,1 2 2 ,6 7 5 00 B on ds and m o r tg a g e s ,.................................................... S tock and bond investm ents, v iz .: Estimated Par Original market value S tock s and bonds value cost $4,504,65000 $4,504,650 00 United States............................. $4,604,650 00 906,010 00 869,000 00 896,05350 State o f New York.................. State o f M assachusetts........ 3,825,000 00 4,166,73250 3,520,380 00 Cities in other States........... 4,790,000 00 5,149,30083 4,570,680 00 Cities in this State............... 6,802,650 00 7,038,83442 6,310,189 50 686,106 00 706,600 00 696,98134 Counties in this State........... Railroad m ortgage b on d s.... 18,979,000 00 19,918,31596 16,393,560 00 $40,476,800 00 $42,360,868 55 $36,891,564 50 3 6 ,8 9 1 ,5 6 4 50 B anking h ouse and lo t, b ook va lu e, $478,352.78; cost, $478,35 2 .7 8 ; a ctu a l cash v a lu e ................................................................... O ther rea l esta te, b ook va lu e, $1,891,000; cost, $1,891,000; a ctu a l cash v a lu e ................................................................................... C ash on d ep osit in banks o r tru st com pan ies.................................. C ash on h a n d ............................................................................................... T o ta l o f co lle ctib le in te re st..................................................................... A m ou n t o f a ll oth er assets, v iz .: In su ran ce prem ium s advanced 4 7 8 ,3 5 2 78 1 ,5 7 2 ,0 0 0 3 ,7 5 7 ,1 3 7 • 5 9 6 ,9 2 5 798,5 9 1 42 00 34 75 86 60 $ 3 6 ,2 1 7 ,2 8 9 83 LIA B ILITIE S A m ou n t du e d ep ositors, v iz .: Principal .............................................................................. $78,663,030 27 Dividends credited or to be credited fo r the six months ending with December 31, 1918........................ 1,494,779 89 ------------------ $ 8 0 ,1 5 7 ,8 1 0 16 S u rp lu s on m ark et v a lu e ........................................................................ 6 ,0 5 9 ,4 7 9 67 $ 8 6 ,2 1 7 ,2 8 9 83 S u rplu s on p a r va lu e, $9,644,715.17. C A SH TR A N SA C TIO N S D U R IN G T H E Y E A R 1918 RECEIPTS Cash on hand and in banks o r tru s t com panies Jan u ary 1, 1918, b efore tra n sa ction s o f th e d a y ............................................. $ 3 ,4 7 9 ,5 8 2 F rom d ep ositors, n o t in clu d in g dividen ds cre d ite d ...................... 1 3 ,1 0 4 ,0 3 7 F rom in terest on loa n s, d ep osits and in vestm en ts......................... 3 ,6 9 8 ,3 5 6 F rom ren ts from ban kin g h ou se.......................................................... 9 ,6 9 0 F rom ren ts from oth er rea l esta te ...................................................... 101,3 5 4 F rom m ortgages ....................................................................................... 6 4 0 ,5 0 0 F rom redem ption o f stock and b on d s............................................... 9 6 5 ,6 5 0 37 76 38 57 90 00 00 N ew Y ork C oun ty 205 F rom stock s and bonds sold (to ta l pa r valu e, $ 3 ,9 9 9 ,7 0 0 ).... $ 3 ,6 1 9 ,2 9 3 90 F rom rea l esta te s o ld .............................................................................. 1 1 ,00 0 00 F rom a ll oth er sou rces, v iz .: Received for fire loss......................................................... $11,577 0® Return o f Are insurance premium.................................. 763 50 -----------------1 2 ,3 4 0 50 $ 2 5 ,6 4 1 ,8 0 6 38 PAYMENTS T o d ep ositors, in clu d in g dividen ds p a id to th em .........................$ 1 6 ,9 5 2 ,3 0 0 26 F or loan s on bonds and m o r tg a g e s .................................................... 2 6 6 ,0 0 0 00 F or stock s and bonds purchased, in clu d in g prem ium s, com m is sion s, etc. (to ta l par valu e, $3,650,000)...................................... 3 ,6 5 0 ,0 0 0 00 F or in terest (o th e r th an divid en d paym ents to d e p o s ito r s ). . 7 ,8 6 4 97 F or cu rren t expenses o f th e bank, v iz .: For salaries ....................... $84,224 66 For ta x es: Banking house, $10,746.55; surplus, $39,480.15 ............................................................................ 50,226 70 For expenses, except taxes, o f banking h ouse: Repairs ........................................................................... 4,038 04 Insurance ...................................................................... 390 92 Other .............................................................................. 19,182 86 For expenses o f other real estate, v iz .: Repairs ........................................................................... 4,869 39 Insurance ...................................................................... 9,403 50 T a x e s.........................................'.................................... 37,032 10 For other expenses, not including expenses o f other real estate nor other expenses o f banking h ouse.. 30,380 34 -----------------2 3 9 ,7 4 8 51 F or rea l estate acquired b y foreclosu re, o r in settlem ent o f debts due th e b a n k ................................................................................. 145,365 39 O ther paym ents, v iz .: Improvements on other realestate........ ........................ $14,455 63 Improvements on bankingbouse.................................... 387 93 Fire loss repairs, insurancepremium advanced.......... 11,620 60 -------------------------------------- 2 6 ,4 6 4 16 Cash on hand an d in banks o r tru st com panies D ecem ber 31, 1918. a fte r tra n sa ction s o f th e d a y ................................................ 4 ,3 5 4 ,0 6 3 09 $ 2 5 ,6 4 1 ,8 0 6 38 S T A T IS T IC A L IN FO R M A TIO N N um ber o f open accou n ts J an u ary 1, 1919...................................... 9 6 ,64 2 N um ber o f accou n ts opened o r reopened du rin g th e y e a r ____ 11,021 N um ber o f accou n ts closed du rin g th e y e a r.................................. 14,964 A m oun t dep osited du rin g th e yea r, n o t in clu d in g dividen ds cred ited fo r th a t p e rio d ..................................................................... $ 1 3 ,1 0 4 ,0 3 7 76 A m ount w ith draw n du rin g th e y e a r................................................. 1 6 ,9 5 2 ,3(H) 26 A m oun t o f dividen ds cred ited and p a id fo r th e yea r, v iz .: July 1, 1918........................................................................... $1,511,093 90 January 1, 1919..................................................................... 1,494,779 89 ------------------ 3 ,0 0 5 ,8 7 3 79 A verage am ount o f each accou n t Jan u ary 1, 1919 ......................... 829 43 R ate per cen t, o f dividen ds to d ep ositors du rin g th e six m onths en din g Jun e 30, 1918............................................................................ 4 R ate per cen t, o f dividen ds to d ep ositors d u rin g th e s ix m onths ending D ecem ber 31, 1918................................................................. 4 T ota l earnings o f th e bank fo r th e yea r 1918, a fter a llow in g fo r am ortization o f prem ium s and d iscou n ts............................. $ 3 ,7 0 4 ,9 3 8 58 T ota l expenses o f the bank fo r th e yea r 1918.................................... 2 3 9 ,7 4 8 51 D ividends p a id to d ep ositors fo r the yea r 1918............................... 3 ,0 0 5 ,8 7 3 79 N et earn ings fo r th e yea r 1918 over expenses and dividen ds paid to dep ositors .............................................................................. 4 5 9 ,3 1 6 2S 206 R eport o f S a v in g s B anks 86. THE UHIOH DIME SAVINGS BANK, NEW YORK CITY [701 Sixth a venae; incorporated 1859] ALEX. P. W. KINNAN. President. FRANCIS M. LEAKE, Treasurer. FREIPK H. ECKER, Vice-President. FRANK F. HAZARD, Secretary. CLERMONT H . W ILCOX, Vice-Pres. TRUSTEES W ILLIAM R. INNIS, CHARLES A . SACKETT. FRED’ K H. ECKER, JAMES S. HBRRMAK. W ILLIAM C. LANE, GEORGE HADDEN, JOHN R. HEGEMAK. ABRAM C. DbGRAW, W ILLARD E. F.DMISTER, FRANCIS M. LEAKE. WM. McMASTER MILLS. JOHN C. VAN CLEAF, CLERMONT H. W ILCO X EDGAR A. TREDW ELL, JOHN ANDERSON. MALCOM B. DUTCHES. P . W . KINNAN. U N A N C IA I, RESOURCES .............................................$ 3 2 ,2 8 0 ,0 5 0 00 B on ds and m o r tg a g e s .................... S tock and bond in vestm ents, v iz .: O riginal Estim ated Par S tock s and bonds value cost market value United States............................. $1,523,650 00 $1,523,650 00 $1,523,650 00 49,513 95 43,500 00 State o f M assachusetts........ 50,000 00 1,906,751 35 1,818,800 00 Cities in other States........... 1,806,000 00 4,395,847 86 4,056,502 50 Cities in th is State................ 4,076,500 00 55,755 00 62,800 00 Towns in this State............... 54,000 00 153,032 50 139,570 00 Villages in this State........... 144,000 00 8,530,236 27 7,306,150 00 Railroad mortgage bonds— 8,390,000 00> $16,044,150 00 $16,614,786 93 $14,939,972 50 P rom issory n otes ....................................................................................... B anking h ouse and lo t, book va lu e, $600,000; cost, $846,336.37; a ctu a l cash va lu e ................................................................................. O ther rea l estate, b ook va lu e, $430,000; cost, $468,378.65; a ctu a l cash v a lu e ................................................................................... C ash on d ep osit in banks o r tru st com pan ies................................ C ash on hand ............................................................................................ T ota l o f collectib le in te re s t................................................................... A m ou n t o f a ll oth er assets, v iz .: $10,456 67 Rent accrued ................................................ Insurance premiums and taxes advanced 119 71 -------------- 1 4 ,9 3 9 ,9 7 2 60 2 0 3 ,0 0 0 00 6 0 0 ,0 0 0 00 4 3 0 ,0 0 0 4 ,8 5 3 ,8 4 6 7 2 1 ,3 2 9 5 4 4 ,1 8 8 00 89 25 35 1 0 ,5 7 6 38 $ 5 4 ,5 8 2 ,9 6 3 37 LIAB ILITIES A m ou n t du e dep ositors, v iz .: Principal .............................................................................. $49,309,117 55 Dividends credited or to be credited fo r the six months ending w ith December 31, 1918..................... 772,028 95 -$ 5 0 ,0 8 1 ,1 4 6 50 O ther lia b ilitie s , v iz .: Expenses incurred, but unpaid; reserve for franchise tax ...................................................................................... $24,510 00 Custodian o f rents, alien property............................... 468 84 -----------------2 4 ,9 7 8 84 S u rplu s on m arket v a lu e ........................................................................ 4 ,4 7 6 ,8 3 8 03 $ 5 4 ,5 8 2 ,9 6 3 37 S u rplu s on p a r va lu e, $5,581,015.53. C A SH T R A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS C ash on hand and in banks o r tr u s t com panies Ja n u a ry 1, 1918, b efore tra n sa ction s o f th e d a y ............................................... $ 4 ,2 1 3 ,5 4 3 F rom d ep ositors, n o t in clu d in g dividen ds cre d ite d .................... 1 6 ,8 0 4 ,8 3 8 F rom in terest on loa n s, d ep osits and in vestm en ts..................... 2 ,3 2 9 ,7 2 0 F rom ren ts from oth er rea l e sta te .................................................... 2 8 ,1 8 9 F rom m ortgages ....................................................................................... 2 3 6 ,2 0 0 F rom redem ption o f stock s and b on d s............................................... 4 1 5 ,0 0 0 F rom stock s and bonds sold (to ta l p a r va lu e, $1,816,378.03) 1 ,7 8 6 ,5 3 4 44 50 57 48 00 00 37 C oun ty 207 F rom loa n s p a id ................................................................. F rom a ll oth er sou rces, v iz .: Refund o f expense paid.................................................... Maintenance real estate................................................... Insurance premiums........................................................... Bents, as custodian............................................................ f6,000 00 N ew Y ork $218 33 432 08 #7 48 3,331 97 4 ,4 7 9 86 $ 2 5 ,8 2 1 ,5 0 6 22 PAYMENTS T o d ep ositors, in clu d in g dividen ds p a id to th em .........................$17>045,790 79 F or loa n s on bonds and m ortga ges................................................... 1 8 6 ,5 0 0 00 F or loa n s on stock s and bonds and oth er se cu ritie s........... .. 2 0 6 ,0 0 0 00 F or stock s and bonds' purchased, in clu d in g prem ium s, com m is sion s, etc. (to ta l p a r va lu e, $ 2 ,5 9 5 ,0 0 0 )...................................... 2 ,5 9 5 ,0 0 0 00 F or in terest (oth er than dividen d paym ents to d e p o s ito rs ). . 221 92 F or cu rren t expenses o f th e bank, v iz .: For salaries........................................................................... $108,755 86 For taxes: Banking house, $14,024.10; surplus, $39,921.69 ............................................................................ 53,945 79 For expenses, except taxes, o f banking house: Repairs ........................................................................... 1,136 61 Insurance ...................................................................... 157 48 Other .............................................................................. 5,100 50 For expenses o f other real estate, v iz .: Repairs .......................................................................... 2,767 31 Insurance ...................................................................... 22 72 Taxes .............................................................................. 11,120 40 Other .............................................................................. 7,632 68 For other expenses, not including expenses o f other real estate nor other expenses of bankinghouse.. 17,797 14 -----------------2 0 8 ,4 3 6 39 O ther paym ents, v iz .: Expense paid, maintenance realestate,insurance.. $1,267 60 As custodian o f rents....................................................... 2,863 13 Payment to trust company to restoreinterest............... 250 25 ------------------------------------ 4,380 98 Cash on hand and in banks or tru st com panies D ecem ber 31, 1918, a fte r tran sa ction s o f th e d a y ............................................. 5 ,5 7 5 ,1 7 6 14 $ 2 5 ,8 2 1 ,5 0 6 22 S T A T IS T IC A L IN FO R M A TIO N N um ber o f open accou nts Jan u ary 1, 1919.................................... 132,366 Num ber o f accou n ts opened o r reopened d u rin g th e y e a r .. . . 2 1 ,9 8 8 N um ber o f a ccou n ts closed du rin g th e y e a r.................................. 2 3 ,4 0 0 A m oun t dep osited d u rin g the. yea r, n ot in clu d in g dividen ds cred ited fo r th a t p e rio d ..................................................................... $ 1 6 ,8 0 4 ,8 3 8 50 1 7 ,0 4 5 ,7 9 0 79 A m oun t w ith draw n du rin g th e y e a r...................................... A m ount o f dividen ds cred ited and paid fo r th e yea r, v iz .: July 1, 1918........................................................................... $771,581 54 January 1, 1919.................................................................... 772,028 95 ------------------ 1 ,5 4 3 ,6 1 0 49 A verage am ount o f each accou n t Jan u ary 1, 1919.................... 378 35 N um ber o f accou n ts w hich exceeded $3,000, exclu sive o f d iv i dends cred ited , a t th e la st tr ia l balance o f dep ositors’ ledgers, excep t dep osits a risin g from society accou nts, or ju d icia l sales, or tru st fun ds, o r b y order o f a co u rt o f record o r o f a su rrog a te.................................................................................. 9 T ota l am ount o f such a ccou n ts........................................................... $ 3 1 ,4 9 6 15 R a te per cen t o f dividen ds to dep ositors du rin g th e six m onths en din g Jun e 30, 1918.............................................................. ............. 3% R ate per cen t o f dividen ds to dep ositors du rin g th e s ix m onths en din g D ecem ber 31, 1918................................................................... 3^ T ota l earn ings o f th e bank fo r th e year 1918, a fter a llow in g fo r a m ortiza tion o f prem ium s and d iscou n ts........................... $ 2 ,3 6 1 ,8 0 7 01 T ota l expenses o f th e bank fo r the year 1918............................. 2 1 0 ,8 7 6 64 D ividends paid to d ep ositors fo r th e year 1918........................... 1,543,61Q 49 N et earn in gs fo r th e yea r 1918 over expenses and dividen ds pa id to d e p o sito rs.................................................................................. 6 0 7 ,3 1 9 8$ 208 R eport oh S a v in g s B a n k s 87. VKIOH SQUARE SAVINGS BANK, NEW YORK CITY [20 Union Square; incorporated 1848] WM. H. ROCKWQOP. President FRRDBRR I C. MILLS, Treasurer. W . EMLEN ROOSEVELT, Vlce-Pres. HUGH B. GARDNER. Cashier. EDWARD M . TOW N8KTO, Vice-Pres. IRVING HAN ZANDT, Asst. Cashier. HENRY R. BRINCKBRHOFF , S ee;. W . EMLEN R( s p g .v albkrtm pattb: WM. OAF. HAYNES. T R U ST E E S ISAAC TOWNSEND. LORIN K. SCUDDER. SAMUEL WOOLVERTON. WM. H. ROCKWOOD. FRANK B. KERCH. NBWBOLD T. LAWRENCE. , BRONSON WINTHROP, EDWARD C. EVANS, EDWARD M. fOW NSEND. JULIAN W . ROBBINS. F IN A N C IA L RESOURCES B on ds and m ortgages .............................................................................. $ 8 ,8 4 8 ,0 8 2 00 S tock and bond in vestm ents, v iz .: Par Original Estimated Stocks and bonds value cost market value United States............................. $2,176,950 00 $2,168,910 CO $2,176,96000 sta te o f New York.................. 200,000 00 203,250 00 198,00000 State o f C alifornia................ 250,000 CO 251,852 85 252,50000 Cities in this State............... 1,027,000 00 1,076,168 20 987,28000 Railroad mortgage b on d s.... 2,925,000 00 3,017,852 45 2,423,250 00 $6,578,950 00 ........ $6,718,033 50 = — = $6,037,980 00 ...............- 6,037,980 00 B an kin g house and lo t , b ook va lu e, $350,000; co st, $465,078.76; a ctu a l ca sh v a lu e ................................................................................... O ther rea l esta te, b ook valu e, $184,456.85; cost, $184,456.85; a ctu a l cash v a lu e................................................................................... Cash on d ep osit in hanks o r tru s t com pan ies.................................. Cash on hand .............................................................................................. T o ta l o f co lle ctib le in t e r e s t ................................................................... 3 5 0 ,0 0 0 00 175,0 0 0 8 3 7 ,1 5 8 118,563 2 3 8 ,8 7 5 00 25 49 27 $ 1 6 ,6 0 3 ,6 5 9 01 LIAB ILITIES A m ou n t due d ep ositors, v iz .: Principal ............................................................................. $15,404,158 78 Dividends credited or to, be credited fo r the six months ending w ith December 31, 1918..................... 286,470 85 ------------------ $ 1 5 ,6 9 0 ,6 2 9 63 Surjunto on m ark et v a lu e .......................................................................... 9 1 3 ,0 2 9 38 $ 1 6 ,6 0 3 ,6 5 9 01 • Su rplu s on p a r valu e, $1,453,999.38. CA&H T R A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS Cash on hand and in banks o r tru st com panies Jan u ary 1 ,1 9 1 8 , • b efore tran saction s o f th e d a y ........................................................ $ 1 ,0 4 8 ,0 7 1 F rom d ep ositors, n ot in clu d in g dividen ds cre d ite d ................: . . 4 ,6 6 4 ,6 3 6 F rom in terest on loa n s, dep osits and in vestm en ts......................... 6 9 8 ,3 0 8 F rom ren ts from ban kin g h o u s e .......................................................... 1 ,0 0 0 F rom m ortgages ....................................................................................... 7 2 ,4 1 8 F rom redem ption o f sto ck s and b on d s............................................... 2 ,2 5 0 ,0 0 0 F rom stock s a n d bonds sold (to ta l p a r va lu e, $ 3 8 9 ,3 0 0 )............ 3 6 9 ,3 0 0 40 37 16 00 00 00 00 $9,103,733 93 N ew Y ork County 209 PAYMENTS T o d ep ositors, in clu d in g dividen ds p a id s to th em .........................$ 3 ,9 4 3 ,7 0 3 63 F or loa n s on bonds and m ortga ges................................................. . . 2 8 3 ,0 0 0 00 F or stock s and bonds purchased, in clu d in g prem ium s, com m is sion s, etc. (to ta l p a r valu e, $ 3 ,8 3 5 ,0 0 0 ).................................... 3 ,8 2 7 ,2 0 2 39 F or in terest (o th e r than dividen ds paym ents to d e p o s ito r s ). . 4 ,6 7 1 00 F or cu rren t expenses o f th e bank, v iz .: For salaries......................................................................... $40,078 80 For ta x es: Banking house, $10,069.08; surplus, $6,061.19 .............................................................................. 16,730 27 For expenses, except taxes, o f banking house: Repairs ........................................................................... 879 99 Insurance ...................................................................... 160 77 Other .............................................................................. 1,860 41 For expenses of other real estate, v iz .: Other .............................................................................. 8,140 83 ----------------------------------- 6 7 ,8 5 7 07 T axes advanced on m ortgaged p ro p e rty ......................................... 2 1 ,4 8 8 10 Cash on hand and in banks o r tru st com panies D ecem ber 31, 955,721 74 1918, a fter tran sa ction s o f th e d a y ............................................... $ 9 ,1 0 3 ,7 3 3 93 S T A T IS T IC A L IN FO R M A TIO N N um ber o f open accou n ts Ja n u a ry 1, 1919...................................... 2 0 ,7 3 9 N um ber o f accou nts opened o r reopened du rin g th e y e a r............ 4 ,4 7 4 N um ber o f a ccou n ts closed du rin g th e y e a r.................................... 3 ,3 6 3 A m oun t dep osited du rin g th e yea r, n ot in clu d in g dividen ds cred ited fo r th a t p e r io d ..................................................................... $ 4 ,6 6 4 ,6 3 6 37 A m oun t w ith draw n du rin g th e year ................................................. 3 ,9 4 3 ,7 0 3 63 A m ount o f dividen ds cred ited and paid fo r th e yea r, v iz .: July 1, 1918........................................................................... $280,154 96 January 1, 1919.................................................................... 286,470 85 -----------------5 6 6 ,6 2 5 81 756 58 A verage am ou nt o f each accou n t Jan u ary 1, 1919......................... R ate p er cen t, o f dividen ds to dep ositors du rin g th e s ix m onths en din g Jun e 30, 1918............................................................................ 4 R ate per cen t, o f dividen ds t o d ep ositors du rin g th e s ix m onths en din g D ecem ber 31, 1918................................................................... 4 T o ta l earn in gs o f th e bank fo r th e year 1918, a fte r a llow in g fo r a m ortiza tion o f prem ium s and d iscou n ts............................. $ 7 0 6,9 9 4 16 T ota l expenses o f th e bank fo r th e yea r 1918.................................. 6 7 ,85 7 07 D ividends p a id to dep ositors fo r th e yea r 1918 ........................... 5 6 6 ,6 2 5 81 N et earn in gs fo r th e yea r 1918 ov er expenses and dividen ds p a id to d ep ositors ................................................................................ 7 2 ,511 28 210 R epost on S a v in g s B a n k s 88. UNITED STATES SAYINGS BANS 07 THE CITY 07 NEW YOBS [606 Madison avenue; incorporated 1889] CHARLES N. TAINTOR, President. W ILLIAM C. ADAME. Vice-President. FRANCIS G. LLOYD, Vice-President. PAYSON M ERRILL, NOAH C. ROGERS. JOHN HYSLOP, CHARLES N. TAINTOB, EDWARD I. DEVLIN, WM. C. ADAMS, JOHN HYSLOP, Treasurer. ADOLPHE F. LaiGOST, Secretary. T R U S T IE S W ILLIAM E. PECK, FRANCIS G. LLOYD, W. W ILLIS REESE. JOHN P. M5UNN, JOHN E. WEEKS, F IN A N C IA L ADOLPHE F . LB GOST, LANGLEY W . W IGGIN, EDWIN J . GILLIES, MORRIS S . BARNET, PH ILIP W. HENRY, EDGAR C. LEAYCRAFT. RESOURCES B on ds and m o r tg a g e s ............................................................................... $ 3 ,8 0 8 ,4 2 5 00 S tock and bon d in vestm ents, v iz .: Par O riginal Estimated Stocks and bonds value cost market value 6706,750 00 6706,760 00 6706,75000 United States........................... State o f M assachusetts........ 40,000 00 39,735 00 34,00000 Cities in other States........ 172,000 00 173,964 99 170,14000 Cities in this State............... 676,400 00 594,831 61 873,81760 1,043,396 41 912,41000 Railroad mortgage bonds....... 1,074,000 00 62,668,160 00 22,557,668 01 $2,396,117 60 .................... B an kin g house and lo t, b ook valu e, $1 3 0,0 0 0 ; co st, $130,000; a ctu a l eash v a lu e ................................................................................... C ash on dep osit in banks o r tr u s t com pa n ies.................................. Cash on hand .............................................................................................. T o ta l o f co lle ctib le in te re s t...................................................................... LIA B ILITIE S A m ou n t du e d ep ositors, v iz .: Principal .............................................................................. $6,280,911 34 Dividends credited o r to be credited fo r the six months ending w ith December 31, 1918....................... 112,514 01 S u rplu s on m arket v a lu e .............. 2,396,117 50 1 3 0 ,0 0 0 00 3 2 2 ,8 7 9 86 2 0 ,7 0 7 69 5 8 ,0 9 4 99 $ 6 ,7 3 6 ,2 2 5 ~ 04 ~ ~ $ 6 ,3 9 3 ,4 2 5 35 3 4 2 ,7 9 9 69 $ 6 ,7 3 6 ,2 2 5 04 S u rplu s on pa r valu e, $514,832.19. C A SH T R A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS C ash on hand and in ban ks o r tru st com panies J an u ary 1 ,1 9 1 8 , b efore tran sa ction s o f tb e d a y .......................................................... F rom d ep ositors, n ot in clu d in g d ivid en d s cre d ite d ....................... F rom in terest on loa n s, d ep osits a n d in vestm en ts....................... F rom ren ts from ban kin g h o u s e .......................................................... F rom ren ts from oth er rea l e s t a t e ...................................................... F rom m ortgages ......................................................................................... F rom red em ption o f stock s and b o n d s ............................................... F rom stock s an d bon d s sold {to ta l p a r va lu e, $ 5 1 9 ,1 8 2 .7 6 )... F rom rea l esta te s o ld ................................................................................. F rom a ll oth er sources, v iz .: Interest collected, telephone charges refunded........ $601 77 Appraisal fees, sale o f old material, subpoena fe e .. 67 90 Cash over, refund o f unearned premium..................... 65 82 T h rift Stam ps..................................................................... 1,516 2S $ 4 5 5 ,1 7 9 2 ,4 5 2 ,0 0 3 3 0 3 ,3 9 7 6 ,9 3 6 80 88 20 64 120 00 1 5 4 ,3 7 8 6 0 1 ,0 0 0 5 1 9 ,1 8 2 1 4 8,953 98 00 76 98 2 ,2 5 1 74 K ew Y ork County 211 PAYMENTS T o d ep ositors, in clu d in g dividen ds p a id to th em ......................... $ 2 ,4 4 2 ,5 1 7 141,253 F or loan s on bon d s and m ortga ges............................................... F or stock s and bonds purch ased, in clu d in g prem ium s, com m is 1 ,5 3 0 ,8 8 2 sion s, etc. (to ta l p a r valu e, $ 1 ,5 3 0 ,8 8 2 .7 6 ).................. ............... 554 F or in terest (oth er than dividen ds paym ents to d e p o s ito r s ). . F or cu rren t expenses o f th e bank, v iz .: For salaries......................................................................... $21,373 50 For ta x es: Banking house, $2,879.20; surplus, $3,061 84 .............................................................................. 5,931 04 For expenses, except taxes, o f banking h ouse: R ep a irs........................................................................... 610 67 Insurance ...................................................................... 234 83 Other .............................................................................. 3,290 31 For expenses o f other real estate, v iz .: Other .............................................................................. 200 00 For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. 3,202 31 3 4 ,8 4 2 F or rea l estate acqu ired b y foreclosu re, o r in settlem en t o f 147,524 debts du e th e bank .............................................................................. O ther paym ents, v iz .: Interest, cash short, expenses......................................... $724 89 T h rift Stamps...................................................................... 1,516 25 2 ,2 4 1 Cash on hand and in banks o r tru st com panies D ecem ber 31, 1918, a fte r tra n sa ction s o f th e d a y ............................................... 343,5 8 7 28 98 76 80 66 81 14 55 $ 4 ,6 4 3 ,4 0 4 98 S T A T IS T IC A L IN FO R M A TIO N N um ber o f open a ccou n ts Jan u ary 1, 1919...................................... 1 5 ,88 4 N um ber o f accou nts opened o r reopened du rin g th e y e a r ........... 3 ,4 81 N um ber o f a ccou n ts closed du rin g th e y e a r .................................. 3 ,5 4 7 A m ou n t dep osited d u rin g th e yea r, n ot in clu d in g dividen ds cred ited fo r th a t p e rio d ........................................................................ $ 2 ,4 5 2 ,0 0 3 88 A m oun t w ith draw n du rin g th e yea r ............................................... 2 ,4 4 2 ,5 1 7 28 A m ount o f dividen ds cred ited and p a id fo r th e yea r, v iz .: July 1,1918................................................. .......................... $98,267 62 January 1, 1919.................................................................... 112, M4 ttl 2 1 0 .7 8 1 63 A verage am ount o f each accou n t Jan u ary 1, 1919......................... 402 50 R ate per cen t, o f dividen ds to d ep ositors du rin g th e s ix m on th s en din g Jun e 30, 1918 .......................................................................... 3% R ate per cen t, o f dividen ds t o d ep ositors du rin g th e s ix m on th s en din g D ecem ber 31, 1918 ................................................................. 4 T o ta l earn in gs o f th e bank fo r th e year 1918, a fter a llow in g fo r a m ortiza tion o f prem ium s and d iscou n ts............................. $ 3 0 6,6 5 8 12 T ota l expenses o f th e bank fo r th e yea r 1918.................................. 3 5 ,0 6 7 55 D ividen ds p a id t o d ep ositors fo r th e yea r 1918............................. 210.781 63 N et earn in gs fo r th e yea r 1918 over expenses and dividen ds p a id to d ep ositors ................................................. ............................... 6 0 ,8 0 8 94 212 R eport on S a v in g s B a n k s 89. THE UNIVERSAL SAVINGS BANE, NEW TORE CITY [149 Broadw ay; Incorporated 1907] WILBUR F. BROWN, President. BLAIR S. W ILLIAM S, Vice-President. AUGUST H. T IE M B isR , Vlce-Fres. W ILBUR F. BROWN, Ja., Treasurer. BYRON W . GREENS. Secretary. RAYMOND K. M EIXSELL, Com ptroller. TR U ST E E S W ILBUR F . BROWN, SAM. R. OUTERBRIDGE. FRANK H. HINES, BYRON W . GREENE, JOHN H. HALLOCK, COURTNEY HYDE, HAROLD G. HESSE, W ILBUR F. BROWN, J*., AUGUST H. TIEM EYER, FRANK M. GORDON, ROBERT MAZET, BLAIR S. W ILLIAM S, FRANK L. GODDARD, RUSSELL DART. W ILLIAM M. MORGAN, ROBERT MCLEAN. F IN A N C IA L RESOURCES $3 4 4,6 2 5 00 B on ds a n d m o r tg a g e s .............................. S tock and bond in vestm ents, v iz ,: Estimated Par Original S tock s and hands value cost market value $210,082 81 $210,675 71 |21«,675 71 United States........................... 110,683 76 101,800 00 Railroad mortgage bonds— 116,000 00 $326,575 71 $320,676 66 P rom issory n otes ...................................................... Cash on d ep osit in banks o r tru st com panies. C ash on hand ............................................................. T o ta l o f co lle ctib le in te re s t.................................. A m oun t o f a il oth er a ssets, v iz .: Furniture and fixtures........................................... U. S. T h rift Stamps................................................ $312,375 71 3 1 2 ,3 7 5 4 ,7 4 9 4 6 ,0 0 2 6 ,8 2 9 8 ,2 4 5 71 25 22 19 50 $2,202 32 76 39 2 ,2 7 8 71 $7 2 5,1 0 5 58 LIAB ILITIES A m ou n t du e d ep ositors, v iz .: Principal .............................................................................. Dividends credited or to be credited for the six months ending w ith December 31, 1918..................... $712,600 79 9,938 73 -----------------S u rplu s on m arket v a lu e .......................................................................... $ 7 2 2,5 3 9 52 2 ,5 6 6 06 $ 725,105 58 S u rplu s on par va lu e, $16,766.00. C A SH T R A N SA C T IO N S D U R IN G T H E Y E A R 1918 Cash on hand and in banks o r tru s t com panies Jan u ary 1, 1918, b efore tran sa ction s o f tb e d a y ............................................... $ 2 8 ,3 0 5 F rom d ep ositors, n ot in clu d in g dividen ds cre d ite d .................... 1 ,0 0 9 ,5 5 8 F rom in terest on loa n s, dep osits and in vestm en ts......... .......... 2 8 ,9 2 7 F rom ren ts from oth er rea l esta te ................................................... 306 F rom m ortgages ....................................................................................... 1 1 ,45 0 F rom stock s and bonds sold (to ta l p a r va lu e, $ 2 7 6 ,9 2 5 )......... 2 7 5 ,3 1 8 F rom loan s p a id ....................................................................................... 325 F rom bankers* acceptances and b ills o f exch a n ge......................... 8 ,5 0 7 F rom rea l estate s o ld ............................................................................... 21,000 F rom a ll oth er sources, v iz .: Exchange, appraisal fees, discount on acceptances.. $501 27 Liberty Loan Bonds........................................................... 972 47 T h rift Stamps.................................................................... 4,565 11 6 ,0 3 8 88 01 46 73 00 76 00 75 00 85 $ 1 ,3 8 9 ,7 3 8 44 N ew Y oek Count* 210 PAYMENTS T o d ep ositors, in clu d in g dividen ds pa id to th em ......................... $810,189 05 F or loa n s on bonds and m ortga ges................................................... 7 0 ,0 0 0 00 5 ,0 7 4 25 F or loan s on stock s and bonds and oth er secu rities......... .......... F or bankers5 acceptances and b ills o f exch an ge........................... 8 ,5 0 7 75 F or stock s and bonds purchased, in clu d in g prem ium s, com m is sion s, etc. (to ta l p a r valu e, $ 3 7 0 ,8 4 0 )........................................ 3 7 4 ,3 8 2 98 F or in terest (o th e r th an dividen d paym ent^ to d e p o s ito rs ). . 1 ,2 3 5 14 F or cu rren t expenses o f th e bank, v iz .: For salaries........................................................................... $6, 575 05 For expenses, except taxes, o f banking h ouse: Insurance ...................................................................... 7 01 For rent o f banking room s.............................................. 3,249 96 For expenses o f other real estate, v iz .: Insurance ...................................................................... 8 50 Other .............................................................................. 166 50 For other expenses, not Including expenses o f other real estate nor other expenses o f ibanklng house.. 1,670 50 -------------------------------------- 11,677 52 O ther paym ents, v iz .: Equipment, cash difference.............................................. $32 38 5,807 96 Beal estate, emergency fund, T h rift Stamps.............. Notes payable .................................................................... 60,000 00 -------------------------------------- 5 5 ,8 4 0 34 Cash on hand and in banks o r tru st com panies D ecem ber 31, 1918, a fter tran sa ction s o f th e d a y ................................................ 52,831 41 $ 1 ,3 8 9 ,7 3 8 44 S T A T IS T IC A L IN F O R M A T IO N 9 ,7 0 8 N um ber o f open a ccou n ts Janu ary 1, 1 9 1 9 ..,............................. N um ber o f accou nts opened or reopened du rin g th e y e a r ..,. 8 ,8 0 3 N um ber o f accou nts closed du rin g th e y e a r.................................. 6 ,1 5 3 A m oun t dep osited du rin g th e yea r, n o t in clu d in g dividen ds cred ited fo r th a t p e rio d ..................................................................... $ 1 ,0 0 9 ,5 5 8 01 A m ou n t w ithdraw n du rin g th e y e a r................................................. 810,189 05 A m oun t o f dividen ds cred ited and pa id fo r th e yea r, v iz .: July 1, 1918........................................................................... $8,727 05 January 1, 1919.................................................................... 9,938 73 -----------------18,665 7S A verage am ount o f each a ccou n t Jan u ary 1, 1919...................... 74 42 R a te per cen t, o f dividen ds to d ep ositors du rin g th e six m onths en din g Ju n e 30, 1918................................................... ........................ 4 R a te per cen t, o f dividen ds to dep ositors du rin g th e six m onths en din g D ecem ber 31, 1918................................................................... 4 T ota l earn ings o f th e bank fo r th e yea r 1918, a fte r allow in g fo r am ortiza tion o f prem ium s and d iscou n ts........................... $31,482 44 T ota l expenses o f th e bank fo r th e yea r 1918............................... 11,677 52 D ividends paid to d ep ositors fo r th e year 1918........................... 18,665 78 N et earn ings fo r the yea r 1918 over expenses and dividen ds paid to dep ositors .............................................................................. 1 ,139 14 £14 R 90. eport oh S a v in g s B anks W EST SIDE SAVINGS BANE. NEW YORK CITY [110-112 Sixth avenue; incorporated 1868.] CLARENCE O. BIGELOW. President. NELSON S. WESTOOTT, Vice-Pres. GEORGE E. MARKS. Vice-President. W ILLIAM V. HUDSON. Secretary. JOHN J. V. BURKE, Assistant Secretary. TRUSTEES CLARENCE O. BIGELOW, CHARLES E. DUBOSS, ROBERT L. HARRISON, JOHN W . JACOBUS, GEORGE E. MARKS, Ar t h u r j . m cclu rk , THOMAS P. SOMERS, CHAS. H. VAN AKEK. V. CHAPIN DAGGETT, JOSEPH H. EMERY, N. S, WESTCOTT, WM. V. HUDSON. M. P. GOULD, RUEL W . POOR, HERBERT B. HARDING, G. ELLIS REED, WM. P. H. KOELSCH. JAMES BOYD, WILLIAM S. DENISON, EDWARD C. TITUS. F IN A N C IA L RESOURCES R on ds and m o r tg a g e s ...................... S tock and bond investm ents, v iz .: Par Stocks and bonds value $549,600 00 United States........................... 50,000 00 State o f New York.................. 25,000 0© State o f Alabama................... State o f C alifornia................ 20,000 00 233,000 CO C ities in other States............ 410,000 00 Cities in th is State............... 46,000 00 Counties in th is State............ 95,925 00 Towns In this State............... 94,086 66 Villages in this State........... 100,129 98 School districts in this State 359,000 00 Railroad m ortgage bonds— $1,9®!, 741 64 $ 3 ,0 9 9 ,9 2 5 00 Estimated Original market value coat $549,600 00 $549,600 00 55,350 00 53,968 75 24,600 00 27,310 00 19,200 00 19,411 40 239,900 00 250,871 66 424,347 19 412,250 00 45,770 00 46,157 75 97,815 04 100,88? 25 100,757 68 94,776 35 108,353 45 102,016 23 297,190 00 336,386 00 $2,017,051 13 $1,938,367 62 1 ,9 3 8 ,3 6 7 62 O ther rea l estate, b ook va lu e, $10,573.46; cost, $10,573.46; a ctu a l cash va lu e ................................................................................. C ash on d ep osit in banks o r tru st com pan ies............................... C ash on hand ............................................................................................ T o ta l co lle ctib le in te re st.......................................................................... 10 ,57 3 4 2 3 ,5 0 0 6 ,8 7 2 5 6 ,0 4 4 46 00 19 17 $ 5 ,5 3 5 ,2 8 2 44 LIAB ILITIES A m ou n t du e d ep ositors, v iz .: Principal .............................................................................. $5,137,996 04 Dividends credited or to be credited fo r the six 93,119 47 months ending with December 31, 1918..................... ------------------ $ 5 ,2 3 1 ,1 1 5 51 O ther lia b ilitie s , v iz .: L ib erty B ond d ep osits................................ 3 ,3 1 0 00 S u rplu s on m ark et v a lu e .......................................................................... 3 0 0 ,8 5 6 93 $ 5 ,5 3 5 ,2 8 2 44 S u rp lu s on p a r va lu e, $345,230.95. C A SH T R A N SA C T IO N S D U R IN G TH E Y E A R 1918 RECEIPTS Cash on hand and in banks o r tru st com panies Jan u ary 1, 1918, b efore tran sa ction s o f th e d a y ............................................... F rom d ep ositors, n ot in clu d in g dividen ds cred ited ..................... F rom in terest on loan s d ep osits and in vestm en ts....................... F rom ren ts from oth er rea l esta te ...................................................... F rom m ortgages ....................................................................................... F rom redem ption o f stock s and b on d s............................................... $ 3 7 9,6 7 8 1 .7 3 8 ,8 9 2 2 3 7 ,2 1 0 1 ,0 6 6 6 9 ,1(H) 3 2 3 ,8 8 7 08 49 29 12 00 91 N ew Y ork C ounty F rom stock s and bonds sold (to ta l p a r va lu e, $ 2 9 ,8 0 0 ).............. F rom rea l esta te s o l d .............................................................................. F rom a ll oth er sou rces, v iz .: Expense, profit and loss, suspense accounts.............. $5,545 74 Real estate ........................................... .............................. 1,472 09 lib e rty Loan account....................................................... 5,147 50 ------------------ 215 $ 2 9 ,8 0 0 00 8 8 ,0 0 0 00 12,165 33 $ 2 ,8 7 9 ,8 0 0 22 PAYMENTS T o d ep ositors, in clu d in g dividen ds p a id to th em ......................... $ 1 ,4 0 6 ,3 8 9 01 F or loan s on bonds and m ortga ges................................................... 3 0 0 ,5 0 0 00 F or stock s and bonds purchased, in clu d in g prem ium s, com m is sion s, etc. ( to ta l p a r valu e,$ 6 6 7 ,2 5 0 )............................ 6 6 7 ,6 1 0 48 F or in terest (o th e r th an dividen d paym ents to d e p o s ito r s ). . 192 95 F or cu rren t expenses o l th e bank, v iz .: For salaries ........................................................................ $18,998 65 2,554 01 For ta x es: Surplus............................................................ For expenses, except taxes, o f banking h ouse: Repairs ......................................................................... 37 46 Other .............................................................................. 657 0-j For rent of banking room s.............................................. 3,000 00 For expenses o f other real estate, v iz .: Repairs ........................................................................... 1,113 08 Insurance ...................................................................... 90 80 Taxes .............................................................................. 910 36 O tter ........................................................................... 1,004 89 For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. ------------- — 2 9 ,3 1 5 94 F or rea l esta te acquired b y foreclosu re, o r in settlem ent o f 32,963 89 debts due th e b a n k ................................................................................ O ther paym ents, v iz .: Suspense accounts ............................................................ $7,472 61 Real estate accounts......................................................... 1,999 08 Profit and loss account, Liberty Loan account........ 2,984 07 ■ ----------12,455 76 Cash on hand and in banks o r tru s t com panies D ecem ber 31, 1918, a fter tran sa ction s o f th e d a y ............................................... 4 3 0,372 19 $ 2 ,8 7 9 ,8 0 0 22 S T A T IS T IC A L IN FO R M A TIO N N um ber o f open accou nts Jan u ary 1, 1919.................................... 13,176 N um ber o f accou n ts opened o r reopened d u rin g th e y e a r .. . . 2 ,0 7 8 N um ber o f a ccou n ts closed du rin g th e y e a r.................................. 2 ,0 7 0 A m oun t dep osited d u rin g th e yea r, n o t in clu d in g dividen ds cred ited fo r th a t p e rio d ..................................................................... $ 1 ,7 3 8 ,8 9 2 49 A m oun t w ith draw n du rin g th e y e a r................................................. 1 ,4 0 6 ,3 8 9 01 A m oun t o f dividen ds cred ited and p a id fo r th e yea r, v iz .: July 1, 1918........................................................................... $89,606 38 January 1, 1919.................................................................... 98,119 47 -----------------182,725 85 A verage am ount o f each accou n t Jan u ary 1, 1919 ...................... 397 02 R ate per cen t, o f d iv id en d s to dep ositors d u rin g th e six m onths ending Jun e 30, 1918............................................................ ............... 4 R ate per cen t, o f d ivid en d s to dep ositors du rin g th e six m onths en din g D ecem ber 31, 1918................................................................... 4 T ota l earn in gs o f th e bank fo r th e yea r 1918, a fter allow in g fo r a m ortiza tion o f prem ium s and d iscou n ts............................. $256,059 49 T ota l expenses o f th e bank fo r th e year 101®.................................. 3 9 ,6 8 4 44 D ividends pa id to dep ositors fo r th e yea r 1918......................... 182,725 85 N et earn in gs fo r th e y ea r 1918 over expenses and dividen ds paid to d e p o sito rs................................................................................... 3 3 ,6 4 9 18 NIAGARA COUNTY 91. FARMERS AND MECHANICS’ SAYINGS BANK OF THE CITY OF IiOCKPORT [116 Main street; incorporated 1870] W ILLIAM A . W ILLIAM S. President. J. E. EMERSON, Secretary. CHARLES A . HOAG. Vice-President. CHABLES H . WENDELL, A sst. Secy. JOHN T. DARRISON, Vice-President. TRUSTEES WM. A . W ILLIAMS, CHARLES A. HOAG, JOSEPH DTJMVILLE, JEROME E. EMERSON, JOHN T. DARRISON, H. J. BABCOCK, WM. RICHMOND, I. A . BRONSON, THOS M. MCGRATH, M. D. CLAPSATTLE, JOHN B. ARNOLD, B . M. QRIGG, ROBERT HALL. FINANCIAL RESOURCES B on ds and m o r tg a g e s .............................................................................. $ 4 ,0 2 6 ,0 1 2 00 S tock and bond investm ents, v iz .: Par O riginal Estimated Stocks and bonds value cost market value United States ........................ $606,050 00 $6C6,060 00 $606,050 00 State o f Louisiana..................... 100,00000 99,085 00 101,000 00 73,000 00 73,825 65 74,926 00 Cities in other States........... Cities in this State................... 132,40182 134,934 23 130,612 84 Towns in this State.................. 153,25188 153,318 38 149,223 23 Villages in this State............... 138,00000 138,802 33 134,690 00 School districts In this State 61,250 00 62,536 35 61,791 40 Railroad mortgage bonds— 802,000 00 832,085 64 • 671,740 00 $2,065,953 70 $2,100,637 48 $1,929,932 47 1 ,9 2 9 ,9 3 2 47 B anking house and lo t, b ook valu e, $143,955.70; co st, $143,9 5 5 .7 0 ; aetu al cash v a lu e ................................................................... O ther rea l esta te, b ook va lu e, $10,405.48; cost, $29,758.17; a ctu a l cash va lu e ................................................................................. C ash on dep osit in banks o r tru st com pan ies.................................. Gash on hand T o ta l o f co lle ctib le in te re st.................................. A m ou n t o f a ll oth er assets, v iz .: $2,357 60 Land contracts and Interest accrued on same. 778 66 Rent accrued ........................................................... U. S. W ar Savings Stamps................................... 418 77 1 4 0 ,0 0 0 00 2 9 ,7 5 8 1 ,0 3 1 ,2 8 3 1 2 4 ,4 1 9 6 0 ,2 0 1 17 60 42 56 3 ,5 5 4 93 $ 7 ,3 4 5 ,1 6 2 15 LIAB ILITIES A m ou n t due d ep ositors, v iz .: Principal .............................................................................. $8,815,646 66 Dividends credited o r to be credited for the six months ending with December 31, 1918...................... 61,400 66 $ 6 ,8 7 6 ,9 4 7 32 S u rplu s on m ark et v a lu e. 468,214 83 $ 7 ,3 4 5 ,1 6 2 15 S u rplu s on p a r va lu e, $604,236.06. C A SH T R A N SA C T IO N S D U R IN G TH E Y E A R 1918 RECEIPTS Cash on hand and in banks o r tru st com panies Jan u ary 1, 1918, b efore tran sa ction s o f th e d a y ............................................. F rom d ep ositors, n ot in clu d in g dividen ds cre d ite d ....................... F rom in terest on loa n s, d ep osits and in vestm en ts......................... F rom ren ts from bankin g h ou se.......................................................... F rom ren ts from oth er rea l esta te........................................... F rom m ortgages ....................................................................................... [216] $ 8 2 3,8 0 8 3 ,0 3 9 ,5 8 7 3 1 5 ,0 6 2 7 ,4 5 3 4 660 144 *855 31 37 88 75 48 00 N ia g a r a . C oun ty F rom redem ption o f stock s and b on d s.................................. F rom stock s and bonds sold (to ta l pa r valu e, $451,800) F rom rea l estate s o l d ................................................................. F rom a ll oth er sou rces, v iz .: A rticle sold ......................................................................... $33 14 Suspense account .............................................................. 6,139 42 379 84 Profit and loss — judgm ent.............................................. Insurance repaid .................................. 76 99 217 $ 267,503 00 4 5 1 ,8 0 0 00 6,000 00 5 ,6 2 8 39 $ 5 ,0 6 6 ,3 4 9 18 PAYMENTS T o dep ositors, in clu d in g dividen ds p a id to th em ......................... $ 2 ,7 7 3 ,8 9 1 9 3 ,8 0 0 F or loan s on bonds and m ortga ges................................................... F or stock s and bonds purchased, in clu d in g prem ium s, com m is 1 ,0 0 1 ,7 9 1 sions, etc. (to ta l p a r va lu e, $ 1 ,00 1 ,7 9 1 .21 )................ ................. 741 F or in terest (o th e r than dividen d paym ents to d e p o s ito rs ). . F or cu rren t expenses o f th e bank, v iz .: $16,421 00 For salaries ....................................................................... For ta x es: Banking house,$3,399.46 ; surplus, $2,722.96 6,122 41 For expenses, except taxes, o f banking house: R ep a irs........................................................... 901 66 Other ............................................................................ 3,787 14 For expenses o f other real estate, v iz .: Repairs ........................................................................... 26 32 Insurance .................................................................... 19 80 Taxes .............................................................................. 882 48 Other .............................................................................. 3,008 40 For other expenses, not including expenses o f other real estate nor otherexpenses o f banking house.. 3,861 20 3 4 ,9 9 9 F or rea l esta te acqu ired b y foreclosu re, o r in settlem ent o f 4 ,4 0 5 debts du e th e b a n k ................................................................................ 598 O ther paym ents, v iz .: Suspense a c c o u n t....................................... C ash on hand and in banks o r tru s t com panies D ecem ber 31, 1 ,1 5 6 ,1 2 1 1918, a fter tran sa ction s o f th e d a y ............................................... $ 5 ,0 6 6 ,3 4 9 06 00 21 63 41 48 60 79 18 S T A T IS T IC A L IN FO R M A TIO N N um ber o f open a ccou n ts Ja n u a ry 1, 1919.................................. 13,997 N um ber o f accou nts opened o r reopened du rin g th e y e a r-----1 ,919 N um ber o f accou n ts closed du rin g th e y e a r .................................... 2 ,6 7 3 A m ount dep osited du rin g th e y ea r, n o t in clu d in g dividen ds cred ited fo r th a t p e rio d ........................................................................ $ 3 ,0 3 9 ,5 8 7 37 A m oun t w ith draw n du rin g th e y e a r................................................. 2 ,7 7 3 ,8 9 1 06 A m ount o f dividen ds cred ited and p a id fo r th e yea r, v iz .: April 1, 1918........................................................................... $61,397 51 July 1, 1918........................................................................... 59,568 42 October 1, 1918.................................................................... 59,678 65 January 1, 1919.................................................................... 61,400 66 Credited at other periods. ................................................ 20 10 2 4 2 ,0 6 5 34 A verage am ount o f each a ccou n t Jan u ary 1, 1919...................... 491 31 N um ber o f accou nts w hich exceeded $3,000, exclu sive o f d iv i dends cred ited , a t th e la st tr ia l balan ce o f d ep ositors’ ledgers, excep t d ep osits a risin g from society accou n ts, or ju d icia l sales, o r tru st fu n ds, or. b y ord er o f a cou rt o f record o r o f a su rrog a te..................................................................... 8 T ota l am ount o f such a ccou n ts............................................................ $30,971 81 R ate per cen t, o f d iv id en d s to dep ositors du rin g th e six m onths ending Ju n e 30, 1918............................................................................ 4 R ate per cen t, o f d iv id en d s to d ep ositors du rin g th e s ix m onths ending D ecem ber 31, 1918................................................................. 4 T ota l earn in gs o f th e bank fo r th e yea r 1918, a fte r a llow in g fo r a m ortiza tion o f prem ium s and d iscou n ts............................. $ 3 2 4,0 9 5 85 T ota l expenses o f th e bank fo r th e yea r 1918............................... 3 4 ,9 9 9 41 D ividends paid to d ep ositors fo r th e yea r 1918............................. 2 4 2 ,0 6 5 34 N et earn ings fo r th e yea r 1918 over expenses and dividen ds paid to dep ositors ................................................................................ 47,031 10 218 R 92. epoet on S a v in g s B anks NIAGARA COUNTY SAYINGS BANE, NIAGARA FALLS 1304 Niagara street; Incorporated 1890] C. M. YOUNG, President. JOSEPH E. MONTAGUE, Vice-President. HENRY HUBBS. Vice-President. JAMES T. LOW. Secretary. JOHN P. DOLAN, Treasurer. TRUSTIES L. W. PETTEBONE, ALEX. J . PORTER, JULIUS KRAKOSKI, FRANCIS H. SALT, FRED J. COB, GEOBGE F. NYE, W ILLIAM C. WALLACE, JOSEPH E. MONTAGUE, JOHN T. WILLIAMSON, CHRIS. M. YOUNG, AUGUSTUS G. PORTER, EUGENE CARY, de LANCBY RANKINF, JOHN H. ELLEMBAUM, FRED'K CHORMANN, HENRY HUBBS. FINANCIAL RESOURCES $ 1 ,7 5 0 ,1 7 9 00 B on ds and m ortgages ........................................................ S tock and bond investm ents, v iz .: Estimated Par Original Stocks and bonds value cost market value United S ta tes.......................... $346,784 00 $346,78400 $346,784 00 Cities in other States........... 8,000 00 5,24725 5,100 00 329,016 48 Cities in this State................ 329,518 86 333,32646 4, 850 CO Counties in this State........... 5,000 00 4,90000 Towns in this State............... 21,600 00 22,15712 21,926 00 93,615 00 Villages in this State........... 92,000 00 93,56386 36,740 00 School districts in this State 36,000 00 37,56210 Railroad mortgage bonds— 270,000 00 257,74050 238,750 00 $1,105,902 88 $1,101,281 29 Cash on d ep osit in banks o r tru st com panies Cash on h a n d ............................................................... T ota l o f co lle ctib le in te re st.................................. $1,076,781 48 ========== 1 ,0 7 6 ,7 8 1 43 .................... 3 8 0 ,6 7 5 69 ..............................................1 1 ,33 2 16 ..............................................5 1 ,5 9 0 81 $ 3 ,2 7 0 ,5 5 9 14 LIAB ILITIES A m oun t du e d ep ositors, v iz .: Principal .............................................................................. $3,071,857 11 Dividends credited o r to be credited fo r the six months ending w ith December 31, 1918..................... 52,320 07 ------------------ $ 3 ,1 2 4 ,1 7 7 18 O ther lia b ilitie s , v iz .: D ue m ortg a g ors........................................... 1 ,0 6 3 65 S u rplu s on m arket v a lu e .......................................................................... 145,318 31 $ 3 ,2 7 0 ,5 5 9 14 S u rplu s on p a r v a lu e, $174,439.69. C A SH T R A N SA C T IO N S D U R IN G TH E Y E A R 1918 RECEIPTS Cash on hand and in banks o r tru st com panies Janu ary 1, 1918, b efore tra n sa ction s o f th e d a y ............................................. $ 2 74,924 51 F rom d ep ositors, n o t in clu d in g dividen ds cre d ite d ....................... 2 ,0 1 0 ,4 9 8 37 F rom in terest on loa n s, d ep osits and in vestm en ts....................... 148,631 44 F rom m ortgages ....................................................................................... 182,8 1 6 00 F rom redem ption o f stock s and b on d s............................................... 2 4 3 ,0 7 2 00 F rom a ll oth er sources, v iz .: D ue on m ortga ges......................... 5 ,9 8 1 97 $ 2 ,8 6 5 ,9 2 4 29 PAYMENTS T o d ep ositors, in clu d in g dividen ds p a id to th em ......... ...............$ 1 ,7 2 7 ,8 1 0 68 F or loa n s on bonds and m ortga ges.................................................... 1 3 8 ,2 5 0 00 N ia g a r a County F or stock s and bonds purchased, in clu d in g prem ium s, com m is sion s, etc. (to ta l pa r va lu e, $ 5 6 3 ,4 3 1 .8 6 )...................................... F or in terest (oth er th an dividen d paym ents t o d e p o s ito r s ). . F or cu rren t expenses o f th e bank, v iz .: F or salaries ........................................................................ $12,204 46 1,346 (8 F or ta x es: 'Surplus............................................................ For rent o f banking room s.............................................. 1,060 00 For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. 3,363 46 -----------------O ther paym ents, v iz .: D ue on m ortga ges...................................... C ash on hand and in banks o r tru st com panies D ecem ber 31, 1918, a fter tran sa ction s o f th e d a y ............................................... 219 $552,313 79 931 55 17 ,96 2 95 3 6 ,6 4 7 47 3 9 2 ,0 0 7 85 $ 2 ,8 6 5 ,9 2 4 29 S T A T IS T IC A L IN FO R M A TIO N N um ber o f open a ccou n ts Jan u ary 1, 1919...................................... 8 ,8 3 0 N um ber o f a ccou n ts opened o r reopened du rin g th e y e a r........... 3 ,1 0 9 N um ber o f a ccou n ts closed du rin g th e y e a r.................................. 3 ,0 7 4 A m oun t dep osited du rin g th e yea r, n ot in clu d in g dividends cred ited fo r th a t p e rio d ........................................................................ $ 2 ,0 1 0 ,4 9 8 37 A m ou n t w ith draw n du rin g th e y e a r ................................................. 1 ,7 2 7 ,8 1 0 68 A m oun t o f dividen ds cred ited and paid fo r th e yea r, v iz .: July 1, 1918........................................................................... $47,684 22 January 1, 1919.................................................................... 50,867 65 Credited at other periods................................................. 2,167 ©9 -----------------100,698 86 A verage am ount o f each accou nt Jan u ary 1, 1919.................... 353 81 N um ber o f accou n ts w hich exceeded $3,000, exclu sive o f d iv i dends cred ited , a t th e la s t tr ia l balance o f d ep ositors’ ledgers, excep t dep osits a risin g from society accou n ts, o r ju d ic ia l sales, o r tru s t fu n ds, o r b y ord er o f a cou rt o f 5 record o r o f a su rrog a te..................................................................... T ota l am ount o f such a ccou n ts............................................................ $ 3 3 ,5 2 3 57 R ate per cen t, o f dividen ds to dep ositors du rin g th e s ix m onths en din g Ju n e 30, 1918............................................................................ 4 R a te per cen t, o f dividen ds to d ep ositors d u rin g th e s ix m onths en din g D ecem ber 31, 1918................................................................... 4 T ota l earn in gs o f th e bank fo r th e yea r 1918, a fte r a llow in g $148,695 41 fo r a m ortiza tion o f prem ium s and d iscou n ts............................. T o ta l expenses o f th e bank fo r th e y ea r 1918.................................. 17,962 95 D ividends p a id to d ep ositors fo r th e yea r 1918............................. 100,698 86 N et earn ings fo r th e yea r 1918 over expenses and dividen ds p a id to d e p o sito rs................................................................................... 3 0 ,0 3 3 60 ONEIDA COUNTY 83. THE ONEIDA COUNTY SAYINGS BANK, HOME 1178 W est Dominick street; Incorporated 1889] CHAS. W. LEE, President. A. E. WETHBRBEE, Treasurer. JAMES P . OLNEY, Vice-President. A. M. HOOKE, Asst. Tieasurer. V. M. ORTON. Vice-President. 6 . I* PRESCOTT, Secretary. TRUSTEES F. M. ORTON, D. L. GREENFIELD, HOWARD C. WIGGINS, JOHN R. EDWARDS, W. W. PARRY, LAWRENCE CAREY. ARTHUR J. W YLIE, D. W. WARDWELL, CHARLES W . LEE. JAMBS P. OLNEY, F . G. RATHBUN, D. L. BRADT, E . A. SMITH, FINANCIAL RESOURCES B on ds and m o r tg a g e s .. . ; ........................................................................$ 1 ,4 0 0 ,8 6 3 38 S tock and bond investm ents, v iz .: Par Original Estimated Stocks and bonds value market value cost $165,050 00 $166,050 00 $166,050 00 United States ........................ 56,864 47 55,150 00 Cities In other States........... 55,000 00 127,794 % 138,881 00 Cities In this State................ 135,340 00 9,655 00 9,867 60 Towns In this State............... 9,500 00 202,180 70 192,562 60 Villages In this State........... 199,030 00 19,214 17 School districts In this State 19,000 00 19,005 00 453,5% 00 366,710 00 Railroad mortgage bonds— 456,000 00 $1,038,920 00 $1,045,644 44 $935,917 15 P rom issory n o t e s ....................................................................................... B anking house and lo t, b ook va lu e, $ 2 9 ,0 0 0 ; cost, $29,342.30; a ctu al cash valu e ................................................................................. O ther rea l esta te, book va lu e, $943.68; cost, $943.68; a ctu a l cash v a lu e ................................................................................................ Cash on d ep osit in banks o r tru st com pan ies......... .......................... Gash on hand T o ta l o f co lle ctib le in te re s t........................... A m ou n t o f a ll oth er assets, v iz .: $137 72 Insurance premiums and taxes advanced. U. S. T h rift Stamps......................................... 6100 9 3 5 ,9 1 7 15 475 00 2 9 ,0 0 0 00 943 166,277 3 1 ,5 7 3 4 8 ,6 1 4 68 40 11 64 198 72 "$ 2 ,6 1 3 ,8 6 3 08 LIA B ILITIE S A m oun t du e d ep ositors, v iz .: Principal .............................................................................. $2,347,602 85 Dividends credited or to be credited for the six months ending with December 31, 1918...................... 40,165 49 $ 2 ,3 8 7 ,7 6 8 34 O ther lia b ilitie s , v iz .: Liberty Bond deposits. B ills payable ................ $8,779 60 60,000 00 6 8 ,7 7 9 50 157,315 24 $ 2 ,6 1 3 ,8 6 3 08 S u rplu s on m arket v a lu e. S u rplu s on p a r va lu e, $260,318.09. C A SH T R A N SA C T IO N S D U R IN G TH E Y E A R 1918 RECEIPTS C ash on hand and in banks o r tru st com panies Jan u ary 1, 1918, b efore tran sa ction s o f th e d a y ............................................. F rom d ep ositors, n o t in clu d in g dividen ds cre d ite d .................... F rom in terest on loa n s, d ep osits and in vestm en ts....................... F rom ren ts from bankin g h ou se.......................................................... From m ortgages ............................................. : ........................................ [220] $ 1 8 3 ,6 2 0 5 0 5 ,1 1 1 119,501 442 113,704 84 56 89 00 00 O n e id a C o u n t y F rom redem ption o f stock s and b on d s............................. ••............. F rom stock s and bonds sold (to ta l par valu e, $ 9 6 ,8 1 7 )............ F rom loa n s p a id ................................................................. F rom a ll oth er sou rces, v iz .: $905 18 In terest.................................................... .................. . — 430 36 Appraisals recording and m ortgage insurance ta x .. 99.000 00 Demand lo a n ....................................................................... 138,973 00 lib e rty Doan subscriptions.............................................. 60.000 00 U. 8. certificates o f indebtedness................................... 2,350 00 T h rift Stamps and certificates........................................ 18 88 Examining fee, sale o f old iron, miscellaneous.......... 221 $ 2 3 ,8 2 0 00 9 6 ,81 7 00 4 ,6 8 5 00 301,677 32 $ 1 ,3 4 9 ,3 7 9 61 PAYMENTS T o dep ositors, in clu d in g dividen ds p a id to th em ........................... F or loan s on bonds and m ortga ges............................. , ................... F or loans on stock s and bonds and oth er secu rities.................. F or stock s and bonds purchased, in clu d in g prem ium s, com m is sions, etc. (to ta l par valu e, $ 2 8 9 ,2 6 8 )........................................ F or in terest (oth er than dividen d paym ents to d ep ositors) . . F or cu rren t expenses o f th e bank, v iz .: For salaries ....................................................................... $9,108 01 For ta xes: Banking house, $442.94 ; surplus, $1,366.84; on mortgages, $135.20 .................................................... 1,944 98 For expenses, except taxes, o f banking bou se: Bepairs .............................................................................. 223 44 In su rance........................................................................... 117 35 For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. 2,137 68 $ 6 3 5,8 7 9 74 3 7 ,1 0 2 25 255 00 2 8 9 ,2 6 0 13 2 70 13,531 46 F or rea l estate acquired b y foreclosu re, o r in settlem ent o f debts due th e b a n k .............................................................................. O ther paym ents, v iz .: U. S. Certificates o f indebtedness.................................. $60,000 00 Liberty Loan subscribers................................................. 73,309 00 Demand loan ...................................................................... 39,000 00 1,661 00 T h rift Stamps and certificates........... ............................ M ortgage insurance and tax accounts........................... 263 95 Loss on mortgage — correction to depositor.............. 330 19 943 68 174,554 14 Cash on hand and in banks o r tru st com panies D ecem ber 31, 1918, a fte r tran sa ction s o f th e d a y ............................................... S T A T IS T IC A L IN F O R M A T IO N ■Number o f open a ccou n ts Jan u ary 1, 1919.................................... N um ber o f accou n ts opened o r reopened d u rin g th e y e a r-----N um ber o f a ccou n ts closed du rin g th e y e a r.................................... A m ount dep osited du rin g th e yea r, n o t in clu d in g dividends cred ited fo r th a t p e rio d ..................................................................... A m oun t w ith draw n du rin g th e y e a r................................................. A m oun t o f dividen ds cred ited an d p a id fo r th e year, v iz .: July 1, 1918........................................................................... $20,310 52 January 1, 1919.................................................................... 19,876 97 Credited at other periods................................................ #,859 64 Paid but not credited........................................................ 128 93 A verage am ount o f each accou n t Ja n u a ry 1, 1919......................... R ate per cen t, o f dividen ds to d ep ositors du rin g th e s ix m onths ending Jun e 30, 1918............................................................................ R a te per cen t, o f divid en d s t o dep ositors du rin g th e s ix m onths ending D ecem ber 31. 1918................................................................ T ota l earn in gs o f th e bank fo r th e yea r 1918, a fter a llow in g fo r a m ortiza tion o f prem ium s and d iscou n ts............................. T ota l expenses o f th e bank fo r th e yea r 1918.................................. D ividends p a id t o d ep ositors fo r th e yea r 1918............................. N et earn ings fo r th e yea r 1918 over expenses and dividen ds p a id t o d ep ositors ................................................................................ 1 9 7 ,8 5 0 51 $ 1 ,3 4 9 ,3 7 9 61 7 ,5 7 3 803 838 $505,111 56 6 3 5 ,8 7 9 74 8 1 ,1 7 6 06 315 04 3% 3% $ 1 2 1,4 2 9 99 1 3 ,84 2 90 8 1 ,1 7 6 06 26,411 03 222 B efort on S a v in g s B a n k s 94. THE ROMS SAVINGS BANK, ROME [122 W est Dominick street; Incorporated 1851] SAM U ELH . BEACH, President. JAMES T . STONE, 1 HENRY BARNARD, S s., Vice-President. JAMES A. BAILEY, viee-President. sn w w t* TRUSTEES 1A“L*■* SAMUEL H. BEACH, HENRY BARNARD, SlL, jo h n d . m cm ah o n , THEO. J. MOWRY, JAMES A . SPARGO. JAMES M. ETHRIDGE, CARL SIMON, GEORGE A. CLYDE, A. R, KBSSINGER, FRED M. SHELLEY, TOW ARD J- ROWLAND. JAMBS A. BAILEY, WESTON JENKINS. F IN A N C IA L RESOURCES B on ds and m o r tg a g e s ........... $ 1 ,8 3 4 ,8 4 9 74 S tock and bond in vestm ents, v iz .: Par Estimated Original Stocks and bonds value cost market value 150.000 00 State o f New York....... 152,000 00 *50,200 00 83,790 00 State o f Massachusetts. 80,000 00 70.200 00 30.000 00 State o f C alifornia....... 28,615 00 28.200 00 Cities in other States. 172,086 43 168.000 00 160,750 00 325,463 21 323,627 26 Cities in th is State. 341,126 17 30,819 00 Towns in th is State. 30.000 00 39,900 00 Villages In this S tate.. 46,600 00 43,736 00 47,994 75 23,000 00 23,623 00 School districts in this State 23.000 00 804,166 65 759,500 00 696,745 00 Railroad m ortgage b on d s.... *1,510,727 26 *1,588,180 90 *1,429,194 21 1 ,4 2 9 ,1 9 4 21 B anking bou se and lo t , b ook va lu e, $52,000; co st, $54,000; a ctu a l cash v a lu e ................................................................................... O ther rea l esta te, b od e va lu e, $13,378.72; co st, $14,265.97; a ctu a l ca d i va lu e ................................................................................. C ash on d ep osit in banks o r tru st com pan ies.................................. C ash on hand .............................................................................................. T o ta l o f collectib le in te re st................................................................... A m ou n t o f a ll oth er assets, v iz .: Liberty Bonds held fo r subscribers.............................. *282,700 00 Land contracts ................................................................. 3,652 00 Insurance premiums and taxes advanced................ 2,868 12 U. S. certificates o f indebtedness.................................. 40,000 00 5 2 ,0 0 0 00 1 3 ,3 7 8 176,2 7 6 5 0 ,6 2 6 6 5 ,3 9 6 72 98 72 58 3 2 9 ,2 1 0 12 $ 3 ,9 5 0 ,9 3 3 07 LIAB ILITIES A m ou n t du e d ep ositors, v iz .: Principal ........................................................................... *3,504,558 84 Dividends credited o r to be credited fo r the six months ending w ith December 31, 1918...................... 59,299 99 O ther lia b ilitie s , v iz .: L ib erty B ond d ep osits. S u rplu s on m arket v a lu e ............................................. $ 3 ,5 6 3 ,8 5 8 2 6 ,1 9 0 3 6 0 ,8 8 3 $ 3 ,9 5 0 ,9 3 3 83 40 84 07 S u rplu s on pa r va lu e, $442,416.89. C A SH T R A N SA C T IO N S D U R IN G TH E Y E A R 1918 RECEIPTS C a d i on hand and in banks o r tru s t com panies Ja n u a ry 1, 1918, b efore tra n sa ction s o f th e d a y ............................................. F rom d ep ositors, n ot in clu d in g dividen ds cre d ite d ...................... F rom in terest on loa n s, d ep osits and in vestm en ts......................... F rom ren ts from ban kin g b o u se .......................................................... F rom rent® from oth er rea l e sta te ...................................................... F rom m ortgages ....................................................................................... F rom redem ption o f stock s and b on d s............................................... F rom stock s and bonds sold (to ta l p a r va lu e, $ 5 0 ,0 0 0 )............ $ 1 9 9 ,5 3 0 7 7 4 ,8 8 2 1 8 3 ,1 7 9 300 268 1 9 8 ,1 1 3 3 3 ,7 8 1 4 7 ,5 0 0 73 88 45 00 70 11 54 00 223 O n e id a C o u n t y F rom rea l esta te sold ........................................................ F rom a ll oth er sources, v iz .: Suspense ............................................................................ M ortgagors tax and insurance........................................ P rofit and loss — bonds purchased.................................. Land contracts ................................................................. lib e rty Bonds, U. S. certificates o f Indebtedness.... Insurance returned ......................................................... $ 3 ,1 6 4 94 $338 10 97 69 67 61 900 00 536,039 18 51 31 5 3 7 ,4 8 3 79 $ 1 ,9 7 8 ,2 0 5 14 PAYMENTS T o d ep ositors, in clu d in g dividen ds p a id to th em ......................... F or loa n s on bonds and m ortga ges.................................................... F or in terest (o th e r than dividen d paym ents t o d e p o s ito rs ). . F or cu rren t expenses o f th e bank, v iz .: F or salaries ........................................................................ $15,394 00 For ta xes: Banking house, $761.29; surplus, $3,229.26; on mortgages, $178.00..................................................... 4,168 55 For expenses, except taxes, o f banking h ouse: Repairs ........................................................................ 11120 Insurance ................... ................................................ 159 04 Other .............................................................................. 755 00 For expenses o f other real estate, v iz .: 32 75 Repairs ........................................................................... 258 82 Insurance ...................................................................... 296 41 Taxes .............................................................................. 25 95 Other .............................................................................. For other expenses, not including expenses o f other 4,704 74 real estate nor other expenses o f banking house.. $922,381 76 3 8 ,0 9 6 68 706 24 2 5 ,9 0 6 46 F or rea l estate acquired b y foreclosu re, o r in settlem ent o f debts due th e b a n k ................................................................................ O ther paym ents, v iz .: $288 28 Suspense account .................................... M ortgage tax and insurance account. 2,864 58 13,041 28 OTirift and W&r Savings Stamps........... 519,472 60 lib erty Bonds ........................................... 220,000 00 U. S. certificates o f indebtedness.......... 2,250 00 Land contracts ........................................ 864 94 P rofit and loss — real estate sold........ 5 ,4 2 8 72 758,781 58 Cash on hand and in banks o r tru st com panies D ecem ber 31, 1918, a fter tran sa ction s o f th e d a y ............................................... S T A T IS T IC A L IN F O R M A T IO N N um ber o f open accou n ts Ja n u a ry 1, 1919.................................... N um ber o f a ccou n ts opened o r reopened du rin g th e y e a r-----N um ber o f accou nts closed du rin g the y e a r................................. A m ount dep osited d u rin g th e yea r, n ot in clu d in g dividen ds cred ited fo r th a t p e rio d ..................................................................... A m ount w ith draw n du rin g th e y e a r ................................................ A m oun t o f dividen ds cred ited and p a id fo r th e year, v iz .: July 1, 1918........................................................................... $29,884 19 January 1, 1919.................................................................... 29,550 54 Credited at other periods.............................................. 60,246 21 Paid but not credited........................................................ 306 55 A verage am ount o f each a ccou n t J an u ary 1, 1919.................... R ate per cen t, o f dividen ds to d ep ositors du rin g th e s ix m onths en din g Ju n e 30, 1918............................................................................ R ate per cen t, o f dividen ds to d ep ositors du rin g th e s ix m onths en din g D ecem ber 31, 1918................................................................... T ota l earn ings o f th e bank fo r th e year 1918, a fter a llow in g fo r am ortization o f prem ium s and d iscou n ts.......................... T ota l expenses o f th e bank fo r th e year 1918.................................. D ividends p a id to d ep ositors fo r th e yea r 1918............................. N et earn ings fo r th e yea r 1918 over expenses and dividen ds p a id to d ep ositors .............................................................................. 2 2 6 ,9 0 3 70 $ 1 ,9 7 8 ,2 0 5 14 10,573 1 ,0 5 9 1 ,0 35 $ 7 7 4,8 8 2 88 922,3 8 1 76 119.986 49 336 67 m 3% $ 1 7 9,8 7 4 15 2 5 ,9 0 6 46 119.986 49 33,981 20 224 R epost on S a y in g s B a n k s 95. THE SAYINGS BANK OF UTICA, UTICA [233 Genesee street; incorporated 1839] CHABLES A. MILLER, President. RUFUS P. BIRDSEYE, Treasurer. NICHOLAS E. DEYBREAUX, Vice-Pres. HARRY A. HILSINGBB, Secretary. STEPHEN J. ELDBED. Asst. Secretary. . TRUSTIES RUFUS P . BIRDSEYE, THOMAS R PROCTOR, CHARLES A . M ILLE R CHARLES S. SYMCKIDS, N. E . DEVEREUX, GEORGE L. CURRAN, GEO. L. BRADFORD, EDMUND C. RICHARDS, FRANK E. W H EELER CHARLES B. ROGERS, WARNICK J. KEENAN, OTTO A . MEYER, GEORGE C. MASON. F IN A N C IA L RESOURCES B on ds and m ortgages ............................. .............................................. $ 7 ,8 5 4 ,5 3 1 06 S to ck and bond in vestm ents, v iz .: Estim ated Par Original Stocks and bonds value cost market value United States .......................... *1,9*7,429 89 $1,928,471 69 $1,947,429 89 96,900 00 96,500 05 State o f C alifornia............... 96,000 00 1,458,142 50 1,409,577 00 Cities in otter States............ 1,426,600 00 Counties, villages and towns 99,215 88 98,400 00 in adjoining States............. 96,000 00 Cities in this State..................... 2,105,93660 2,223,444 34 2,124,514 17 76,603 99 Counties in this State........... 75,000 00 75,160 00 76,734 00 79,811 97 Towns in this State............... 76,800 00 423,849 22 V illages in this State............ 410,007 88 408,442 06 101,406 00 School districts in this State 99,500 00 106,275 98 2,369,391 36 R ailroad m ortgage bonds— 2,298,362 72 2, m m 94 Land Bank o f the State o f 40,280 25 40,000 00 New York ........................... 40,000 00 $8,669,637 09 $8,900,987 23 $8,666,804 06 P rom issory n o t e s ....................................................................................... B an k in g house and lo t, book valu e, $93,000; cost, $249,203.30; a ctu a l cash valu e ............................................................... ............... O th er rea l esta te, b ook va lu e, $5,012.80; co s t, $5,012.80 a ctu a l cash va lu e .............................................................................. C ash on d ep osit in banks o r tru s t com p a n ies............................. C ash on hand T ota l o f collectib le in te re st............................. A m ou n t o f a ll oth er assets, v iz .: Insurance premiums and taxes advanced........ $298 22 1,024 62 Suspense account .................................................. Land contract and accrued interest on same. 3,086 00 Liberty Bonds held fo r subscribers.................. 50,500 00 U. S. T h rift Stamps.............................................. 887 05 8 ,5 6 6 ,8 0 4 06 5 ,5 4 5 00 9 3 ,0 0 0 00 5 ,0 1 2 1 ,4 2 9 ,8 1 0 125,8 3 8 201,8 2 3 80 16 96 27 6 1 ,7 4 4 89 $ 1 8 ,3 4 4 ,1 1 0 20 LIAB ILITIES A m ou n t du e d ep ositors, v iz .: Principal ..............................................................................$16,063,147 53 Dividends credited o r to be credited fo r the six months ending w ith December 31, 1918..................... 261,966 93 -$ 1 6 ,3 2 5 ,1 1 3 46 O th er lia b ilitie s , v iz .: $93,998 73 Liberty Bond deposits ............. Expenses incurred, but unpaid. 5,461 04 9 9 ,4 5 9 77 S u rplu s on m arket v a lu e ........................................................................ 1 ,9 1 9 ,5 3 6 97 $ 1 8 ,3 4 4 ,1 1 0 20 S u rplu s on p a r valu e, $2,022,370. C A SH T R A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS Cash on hand and in banks o r tru st com panies Jan u ary 1, 1918, b efore tran sa ction s o f th e d a y ...........................................$ 1 ,3 5 5 ,6 3 1 20 F rom d ep ositors, n o t in clu d in g dividen ds cred ited .................... 4 ,1 0 3 ,2 3 7 16 O N EID A COUNTY F rom in terest on loa n s, d ep osits and in vestm en ts......................... F rom ren ts from oth er rea l esta te .................................................... F rom m o rtg a g e s .......................................................................................... F rom redem ption o f stocks a n d b on d s............................................... F rom stock s and bonds sold (to ta l par valu e, $ 2 ,06 5 ,5 1 1 .75 ). F rom loan s p a id .......................................................... ............................ F rom rea l esta te s o l d .............................................................................. F rom a ll oth er sou rces, v iz .: Liberty Bond subscriptions.............................................. $599,713 23 T h rift Stamps ................................................................. 39,18120 Town o f Oswego................................................................. 2,380 00 Land contracts ................................................................. 500 00 Suspense account .............................................................. 2,856 43 Profit and loss.................................................................... 310 00 Interest sundries .............................................................. 460 68 M ortgagors’ tax and insurance accounts..................... 630 30 225 $838,335 132 4 0 0 ,3 7 4 551,587 1 ,8 6 2 ,0 9 1 4 ,5 6 0 1 8 ,5 0 0 44 57 14 31 04 00 00 646,0 3 1 84 $ 9 ,7 8 0 ,4 8 0 70 PAYMENTS T o d ep ositors, in clu d in g dividen ds p a id t o th em ........................... $ 4 ,3 5 6 ,0 6 3 06 F or loa n s on bonds and m ortga ges.................................................... 2 8 5 ,9 2 5 00 10,105 00 F or loan s on stock s and bonds and oth er se cu ritie s.................... F or stock s and bonds purchased, in clu d in g prem ium s, com m is sion s, etc. (to ta l par valu e,$ 2 ,7 3 4 ,3 8 7 .4 9 )................................ 2 ,5 4 8 ,3 5 1 38 F or in terest (oth er than dividen d paym ents to d e p o s ito r s ). . 2 6 ,8 1 7 51 F or cu rren t expenses o f th e bank, v iz .: F or salaries ........................................................................ $42,281 79 For ta xes: Banking house, $7,879.65; surplus, $17,308.27 on mortgages, $1,376.50................................................. 26,564 42 For expenses, except taxes, o f banking h ouse: Repairs ......................................................................... 502 05 Insurance .................................................................... 63 19 Other .............................................................................. 2,446 60 For expenses o f other real estate, v iz .: Repairs ........................................................................... 893 18 Taxes .............................................................................. 74 44 Other .............................................................................. 325 27 For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. 17,634 30 -----------------9 0 ,6 7 5 24 F or rea l esta te acqu ired b y foreclosu re, o r in settlem ent o f debts du e th e b a n k ............................................................................. 8 ,5 1 2 80 Cither paym ents, v iz .: B ills payable .................................................................... $847,900 00 T h rift Stamps ................................................................... 39,950 00 Refunded lib e rty Loan subscriptions........................... 3,108 60 674 43 M ortgagors’ tax and insurance accounts..................... Land contract .................................................................... 3,500 00 Suspense, profit and loss, interest sundries............... 3,248 66 -----------------898,381 59 Cash on hand and in banks o r tru s t com panies D ecem ber 31, 1918, a fter tran sa ction s o f th e d a y ............................................. 1 ,5 5 5 ,6 4 9 12 $ 9 ,7 8 0 ,4 8 0 70 S T A T IS T IC A L IN F O R M A T IO N N um ber o f open accou n ts Jan u ary 1, 1919.................................. 3 4 ,78 3 N um ber o f accou n ts opened or reopened du rin g th e y e a r .... 6 ,0 4 9 N um ber o f accou n ts closed du rin g th e y e a r.................................... 6 ,8 57 A m ount dep osited du rin g th e yea r, n ot in clu d in g dividen ds eredited fo r th a t p e rio d ..................................................................... $ 4 ,1 0 3 ,2 3 7 16 A m oun t w ith draw n du rin g th e y e a r................................................. 4 ,3 5 6 ,0 6 3 06 A m ount o f dividen ds cred ited an d p a id fo r th e yea r, v iz .: July 1, 1918........................................................................... $266,630 53 January 1, 1919.................................................................... 261,966 93 Credited a t other periods.............................................. 11,113 20 5 3 8,609 66 469 39 A verage am ount o f each accou n t Ja n u a ry 1, 1919. 8 226 R eport o ir S a w »© s B anks Number of accounts which exceeded $8,000, exclusive of divi dends, credited, at the last tria l balance of depositors* ledgers, except deposits arising from society accounts, or judicial sales, or trust funds, or by order o f a court of record or of a surrogate...................... .............................................. T otal amount of such accounts............................................................ R a te per cen t, o f dividen ds to dep ositors d u rin g th e s ix m on th s a id in g Ju n e 30,, 1918.......................................................................... R a te per cen t, o f dividen ds t o d ep ositors d u rin g th e s ix m on th s en din g D ecem ber $1, 1918............................................................... T o ta l ea rn in gs o f th e bank fo r to e yea r 19.18, a fte r aU nwing fo r a m ortiza tion o f prem ium s and d iscou n ts........................... T o ta l expenses of to e bank fo r th e yea r 1918........................... D ivid en d s p a id t o d ep ositors fo r th e you r 1 9 1 8 ............ ........ N et earn in gs fo r th e y e w 1918 over expenses and dividen ds p a id t o d e p ositors................................................................................... 10 $ 8 3 ,2 0 4 92 3% m $7 8 2,8 1 9 60 188,732 69 $ 3 8 ,4 0 9 66 5 5 ,4 7 7 25 O N O N D AG A C O U N TY 96. ONONDAGA COUNTY SAVINGS BANK, SYRACUSE [101 South Satina street; incorporated 1855J HENRY M. ROWLING, President. DOUGLAS E. PETIT, Treasurer. EDWARD A. POW ELL, Vice-President. CHARLES A. HUDSON, Secretary. SALEM HYDE, Vice-President. T R U ST E E S CHAS. E. CHAPPELL, T. W m . MEACHEM, RALPH E. BOWEN, EDWARD N. TRUMP. A. B. NETTLETON. CHARLES L. STONE, CHARLES A. HUDSON, EDWARD A. POW ELL, HIRAM W. PLUMB, SALEM HYDE* DOUGLAS E. PETIT, JOHN R. CLANCY. A. E. McCHESNEY, GEORGE TIMMINS. HENRY M. ROWLING. ADOLPH H. SCHWARZ, F IN A N C IA L RESOURCES B onds and m ortgages .............................................................................. $ 1 8 ,1 6 7 ,9 5 2 32 S tock and bond in vestm ents, v iz .: Par Original Estim ated Stocks and bonds value cost market value United States............................. |2,806,600 00 $2,770,810 65 $2,806,60000 Cities in other States............ 825,000 00 855,014 25 838,85000 Cities in this State............... 1,880,000 00 1,952,754 54 1,781,72500 Counties in this State........... 38,000 00 38,038 00 35,18500 Towns in this State............... 14,400 00 15,660 47 14,06800 Villages in this State............ 26,000 00 28,000 00 24,25000 Railroad mortgage b on d s.... 5,569,968 00 5,839,100 05 5,065,59248 $11,158,968 00 $11,499,377 96 $10,565,760 48 P rom issory n o t e s ....................................................................................... B anking house and lo t, b od e va lu e, $760,000; cost, $860,44 5 .0 8 ; a ctu a l cash v a lu e ................................................................. O ther rea l estate, book va lu e, $5,884.83; co st, $5,884.83; a ctu a l eash v a lu e .................................................................................. Cash on d ep osit in banks o r tru st com pan ies......... ..................... Cash on h a n d .............................................................................................. T ota l o f co lle ctib le in t e r e s t ................................................................... A m ou n t o f a ll oth er assets, v iz .: Land contracts ................................................................. $34,853 TO Insurance premiums and taxes advanced..................... 2,631 69 Rent accrued................................ ...................................... 3,498 90 1 0 ,5 6 5 ,7 6 0 48 3 ,0 0 0 00 7 6 0 ,0 0 0 00 5 ,8 0 0 1 ,0 4 0 ,8 9 4 2 0 3 ,2 5 5 5 2 1 ,3 1 3 00 11 88 27 4 0 ,8 8 3 29 LIABILITIES A m oun t due d ep ositors, v iz .: Principal ..............................................................................$28,288,90? TO Dividends credited o r to be credited fo r the six months ending w ith December 31, 1918..................... 542,288 29 ------------------ $ 2 8 ,8 3 1 ,1 9 5 O ther lia b ilitie s , v iz .: T reasu rer’s cheeks ou tsta n d in g ............... 3 3 ,3 7 7 S u rplu s on m arket v a lu e ..................................................................... 2 ,4 4 4 ,2 8 6 §388 $ 3 1 ,3 0 8 ,8 5 9 35 $ 3 1 ,3 0 8 ,8 5 9 35 S u rplu s on p a r va lu e, $3,037,493.92. C A SH T R A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS C a d i on hand and in banks o r tru st com panies J an u ary 1, 1918, b efore tran sa ction s o f th e d a y ............................................... $ 1 ,3 2 5 ,3 6 8 11 F rom dep ositors, n ot in clu d in g dividen ds cre d ite d ...................... 7 ,3 6 7 ,2 1 9 10 [2 2 7 ] 228 R eport on S a v in g s B anks F rom In terest on loa n s, d ep osits and in vestm en ts......................... $ 1 ,4 0 5 ,5 7 2 F rom ren ts from bankin g h ou se............... ........................................ 4 8 ,0 9 2 F rom ren ts from oth er rea l esta te .................................................... 84 F rom m ortgages ........................................................................................ 5 4 6 ,1 9 2 F rom redem ption o f stock s and b on d s............................................... 1 ,1 7 2 ,4 0 0 F rom stock s and bonds sold (to ta l p a r va lu e, $ 1 ,7 6 1 ,$ 1 8 .7 9 ).. 1 ,7 5 2 ,0 9 1 F rom a ll oth er sourees, v iz .: Treasurer's checks ........................................................... 174,684 50 la n d contracts ................................................................. 11,602 00 Insurance premiums and taxes advanced refunded.. 6,09s 50 W ar Savings Stamps........................................................ 8,248 91 T h rift Stamps sold ................................................................ 2,40000 103,8 3 3 39 19 20 00 00 59 91 $ 1 3 ,7 2 0 ,8 5 3 49 PAYMENTS T o d ep ositors, in clu d in g dividen ds p a id t o th em ......................... $ 7 ,8 3 5 ,3 2 2 F or loa n s on bonds and m ortga ges.................................................... 1 0 9 ,5 0 0 F or stock s an d bonds purchased, in clu d in g prem ium s, com m is sion s, etc. (to ta l p a r va lu e, $ 3 ,7 7 8 ,8 4 1 )................................... 3 ,7 4 3 ,0 5 1 F or in terest (o th e r th a n dividen d paym ents t o d e p o s ito r s ). . 1 5 ,85 7 F or cu rren t expenses o f th e ban k, v iz .: F or salaries ........................................................................ f49,6S6 21 F or ta xes: Banking house, 121,192.40; surplus, $22,125.11 ................................................................................... 43,817 51 For expenses, except taxes, o f banking h ou se: 2,596 27 Repairs ......................................................................... Insurance ..................................................................... 575 66 Other ............................................................................ 41,391 80 For expenses o f other real estate, v iz .: R epairs ............................................................................... 140 53 Taxes ............................................................................. Other .............................................................................. F or other expenses, not including expenses o f other real estate nor other expenses o f banking house.. . . 415 30 200 00 38 00 65 47 13,91015 152,202 93 F or rea l esta te acqu ired b y foreclosu re, o r in settlem en t o f debts due th e b a n k ................................................................................ O ilier paym ents, v iz .: Treasurers’ checks ............................................................ $89,255 50 7,408 69 Insurance premiums and taxes advanced................... T h rift and W ar Savings Stamps................................. 11,328 67 Note paid ........................................................................... 500,000 00 Teller’s cash short, other real estate........................... 743 33 Commission, repairs, judgm ent..................................... 276 17 11,761 71 6 0 9 ,0 0 7 36 C ash on hand and in banks o r tr u s t com panies D ecem ber 31, 1918, a fter tran sa ction s o f th e d a y ............................................... 1 ,2 4 4 ,1 4 9 99 $ 1 3 ,7 2 0 ,8 5 3 49 S T A T IS T IC A L IN F O R M A T IO N N um ber o f open accou n ts Ja n u a ry 1, 1919...................................... 5 5 ,5 9 1 N um ber o f accou n ts opened o r reopened du rin g th e y e a r ____ 1 1 ,37 3 N um ber o f accou nts closed d u rin g th e y e a r.................................... 1 1 ,25 6 A m ou n t dep osited du rin g th e yea r, n o t in clu d in g dividen ds cred ited fo r th a t p e rio d ........................................................................ $ 7 ,3 6 7 ,2 1 9 10 A m ou n t w ith draw n d u rin g th e y e a r.................................................. 7 ,8 2 1 ,6 6 5 60 A m ou n t o f dividen ds cred ited and p a id fo r th e yea r, v iz .: July 1, 1918.......................................................................... $588.62? * January 1, 1919..................................................................... 642,288 29 Paid hut not credited...................................................... 13,666 78 1 ,0 9 4 ,4 7 3 02 O nondaga C ounty 229 A verage am ount o f each accou n t Jan u ary 1, 1 9 1 9 .. .<.................. $518 N um ber o f accou n ts w hich exceeded $3,000, exclu sive o f d iv i dends cred ited , a t th e la s t tr ia l balance o f dep ositors’ ledgers, excep t d ep osits a risin g from society accou n ts, o r ju d icia l sales, o r tru st fu n ds, or b y ord er o f a co u rt o f record or o f a su rroga te .................................................................... T ota l am ount o f such a ccou n ts............................................................... 3 6 ,6 7 0 R ate per cen t, o f dividen ds to dep ositors du rin g th e six m onths ending Ju n e 30, 1918............................................................................ R ate per cen t, o f dividen ds to dep ositors du rin g th e six m onths ending D ecem ber 31, 1918................................................................... T ota l earn ings o f th e bank fo r th e yea r 1918, a fter a llow in g fo r a m ortiza tion o f prem ium s and d iscou n ts............................. $ 1 ,4 5 4 ,0 0 6 T ota l expenses o f th e bank fo r th e yea r 1918.................................. 161,0 2 4 D ividends paid to d ep ositors fo r the yea r 1918............................. 1 ,0 9 4 ,4 7 3 N et earn ings fo r th e yea r 1918 over expenses and dividen ds paid to d ep ositors ..................................................................... .. 1 9 8 ,5 2 8 83 12 98 4 4 00 85 02 13 280 R epost oh S a v in g s B anks 97- SKANBATELBS SAVINGS BANK, SKANEATELES [Genesee street; incorporated 1866] J. HORATIO EARLL, President. W. P. CUDDKBACK, Vlee-President. J. C. STEPHENSON, V ice-President H. WINSLOW THURLOW, Treasurer. TRU STEES 3. HORATIO EARLL, DAVID COLTON, JOHN C. STEPHENSON, W ILLIAM T. THORNE, W. P. CUDDEBACK. CHARLES W. HUNT, H. WINSLOW THURLOW, GEORGE SMITH. FOREST G . WEEKS, P. EUGENE STONE, W ILLIAM LOCKWOOD, CORNELIUS M ITCHELl* T . S. SHOTWELL, F IN A N C IA L RESOURCES B onds and m o r tg a g e s ........... .. S tock and bon d in vestm ents, v iz .: Btocka and bonds United S ta te s ........................ State o f New York................ Cities in this State............... Villages in this State............ School districts in this State Railroad mortgage bonds— value $79,260 60 30,000 00 166,500 00 48,500 00 46,600 00 110,000 00 . $479,850 00 $ 8 9 1,2 5 0 74 Original Estimated cost market value $79,260 00 $79,250 00 30,250 00 30,300 00 168,184 35 164,110 00 49,052 00 47,731 00 45,621 90 44,604 25 101,567 91 79,650 00 $473,916 16 $445,645 25 4 4 5 ,6 4 5 25 B an k in g h ouse and lo t, b ook valu e, $ 9 ,50 0 ; co st, $13,591.31; a ctu a l cash v a lu e ................................................................................... C ash on d ep osit in banks o r tru st com p a n ies.................................. Cash on h a n d ............................................................................................... T o ta l o f co lle ctib le in te re s t................................................................. A m oun t o f a ll oth er assets, v iz .: R en t a ccru ed ............................. 818.88 9 ,5 0 0 00 1 6 2 ,0 5 6 33 1 9 ,28 8 2 2 ,7 4 4 77 II $ 1 ,5 5 0 ,5 6 1 LIAB ILITIES A m ou n t due d ep ositors, v iz .: Principal .............................................................................. $1,408,462 28 Dividends credited or to be credited fo r the six months ending with December 31, 1918....................... 26,908 99 ---------------- -- $ 1 ,4 3 5 ,3 7 1 S u rplu s on m arket v a lu e ........................................................................ 1 1 5 ,1 9 0 $ 1 ,5 5 0 ,5 6 1 S u rplu s on p a r va lu e, $149,395.17. C A SH T R A N SA C T IO N S D U R IN G TH E Y E A R 1918 $ 1 96,322 9 1 9 ,6 6 7 7 4 ,4 7 5 324 3 9 ,2 3 5 7 8 ,9 5 0 3 4 ,5 0 0 g S S S S S S RECEIPTS Cash on hand and in hanks o r tru st com panies Jan u ary 1, 1918, b efore tra n sa ction s o f th e d a y ............................................. F rom dep ositors, n o t in clu d in g dividen ds cre d ite d .................... F rom in terest on loa n s, d ep osits and in vestm en ts....................... F rom ren ts from h an king h ou se.......................................................... F rom m o r tg a g e s ......................................................................................... F rom redem ption o f stock s and b on d s........................................... F rom stock s and bonds sold (to ta l p a r valu e, $ 3 4 ,5 0 0 )............ $ 1 ,3 4 3 ,4 7 3 58 PAYMENTS T o dep ositors, in clu d in g dividen ds p a id to th em ............................. F o r loan s on bonds and m ortga ges...................................................... $9 4 9,0 1 5 45 6 7 ,2 5 0 00 O nondaga C oun ty F or stock s and bonds purchased, in clu d in g prem ium s, com m is sion s, etc. (to ta l p a r va lu e, $ 1 5 7 ,1 0 0 )........................................... F or in terest (oth er than divid en d paym ents t o d e p o s ito rs ). . F or cu rren t expenses o f the bank, vm . : For salaries.............................» ...„ ....... .......................... 96,380 OOi For ta x es: Banking house, $195.62; surplus, $1,086.83 1,282 45 For expenses, except taxes, o f banking h ou se: Repairs ............................................................................ 227 42 Insurance ........ ............................................................. 79 20 For other expenses, not Including expenses o f other real estate n or other expenses o f banking house.. 1,78199 231 $ 1 3 7,1 0 0 00 12 39 8 ,7 5 1 06 Cash on hand and in hanks o r tr u s t com panies D ecem ber 31, 1918, a fter tran sa ction s o f th e d a y ......... .*................................... 181,3 4 4 68 $ 1 ,3 4 3 ,4 7 3 58 STATISTICAL INFORM ATION N um ber o f open accou nts Jan u ary 1, 1919.................................. N um ber o f accou n ts opened o r reopened d u rin g th e y e a r____ N um ber o f accou n ts closed du rin g th e y e a r ................. A m ount dep osited du rin g th e y ea r, n o t in clu d in g dividen ds cred ited fo r th a t p e rio d ......... ........................................................... A m oun t w ith draw n du rin g th e y e a r................................................. .. A m ount o f dividen ds ered ited and p a id fo r th e yea r, v iz .: July 1, 1918........................................................................ . $26,468 78 January 1, 1919................................................................... 26,342 67 Credited at other periods................................................. 771 95 A verage am ount o f each accou nt J an u ary 1, 1919.................... R ate per cen t, o f dividen ds to . dep ositors d u rin g th e six m onths en din g Jun e 30, 1918............................................................................ R ate per cen t, o f dividen ds to dep ositors d u rin g th e six m onths en din g D ecem ber 31, 1918................................................................. T ota l earn ings o f th e bank fo r th e y ea r 1918, a fter a llow in g fo r a m ortiza tion o f prem ium s and d iscou n ts............................. T ota l expenses o f th e bank fo r th e yea r 1918.................................. D ividends pa id to d ep ositors fo r th e yea r 1918............................. N et earn in gs fo r th e yea r 1918 over expenses and dividen ds p a id to d ep ositors .............................................................................. 4 ,0 6 1 386 357 $919,667 4© 9 4 9 ,0 1 5 45 5 3 .5 8 3 40 353 27 4 4 $ 7 3 ,2 9 9 20 8 ,7 51 06 5 3 .5 8 3 40 1 0 ,96 4 74 232 R eport oh S a v in g s B anks 98. SYRACUSE SAYINGS BANE, SYRACUSE [108 North Salina street; Incorporated 1S49J GEORGE DOHENY, President. EDWARD JOY. Vice-President. W ILLIAM J. REIDEL, Treasurer. JACOB AMOS. FRED’S W. BARKER, ALEXANDER H. COWIE, JOSEPH W. DAWSON, J. FRANK DURSTON, GEORGE DOHENY, T R U S T IE S ALAN C. FOBES, WALTER B. GARDNER, EDWARD JOY, W ILLIAM MUENCH, DENNIS MCCARTHY, A. JUDD NORTHRUP, W . J. REIDEL, WING R» SMITH, DE FOREST SETTLE, LEROY B. W ILLIAM S, ARTHUR W , LOASBY. F IN A N C IA L RESOURCES B on ds and m o r tg a g e s ............. . , . . ....................................................... $ 1 0 ,6 5 1 ,0 5 5 00 S tock and bond in vestm ents, v iz .: Par O riginal Estim ated Stocks and bonds value rest market value United! States.......................... $831,520 48 $831,519 96 $831,52048 state o f M ississippi............... 100,000 00 100,126 00 92,00000 453,000 00 478,714 80 416,940 00 Cities in other States........... Cities in th is State................ 1,337,150 00 1,445,082 02 1,312,61650 Counties in th is State........... 105,000 00 103,544 76 100,18000 Towns in th is State............... 66,000 00 56,764 96 53,75000 R ailroad mortgage b on d s.... 4,003,000 00 3,979,081 51 3,400,75000 $6,885,670 48 $6,994,833 01 $6,206,756 98 ...................... ....... .............. .................. B an kin g h ouse and lo t, book valu e, $258,619; co st $423,569.97; a ctu a l cash va lu e ................................................................................... Cash on d ep osit in banks o r tru st com pan ies.................................. Cash on h a n d .............................................................................................. T o ta l o f co lle ctib le in terest ................................................................. A m oun t o f a ll oth er assets, v iz .: U . & T h rift stam p s................ 6 ,2 0 6 ,7 5 6 08 2 5 8 ,6 1 9 2 9 7 ,1 9 5 5 9 ,5 1 0 7 8 ,4 3 8 00 42 22 58 50 $ 1 7 ,5 5 1 ,5 7 5 70 LIAB ILITIES A m ou n t du e d ep ositors, v iz .: Principal .............................................................................. $15,142,082 14 Dividends credited o r to be credited fo r the six months ending w ith December 31, 1918...................... 294,413 60 ------------------$ 1 5 ,4 3 6 ,4 9 5 74 O ther lia b ilitie s , v iz .: Liberty Loan deposits...................................................... $49,138 00 Tellers’ and treasurers’ cheek outstanding................ 14,194 67 Fire insurance deposit pending settlem ent.................. 2,186 00 D eposit as security for searches loaned........................ 290 00 -------------------------------------- 6 5 ,8 0 8 67 S u rplu s on m arket v a lu e ......................................................................... 2 ,0 4 9 ,2 7 1 29 $ 1 7 ,5 5 1 ,5 7 5 70 S u rplu s on p a r valu e, $2,728,184.79. C A SH T R A N SA C T IO N S D U R IN G TH E Y E A R 1918 RECEIPTS Cash on hand and in banks o r tru st com panies Jan u ary 1, 1918, b efore tran sa ction s o f th e d a y ............................................... F rom dep ositors, n ot in clu d in g dividen ds cre d ite d ....................... F rom in terest on loa n s, d ep osits and in vestm en ts......................... F rom ren ts from bankin g h ou se........................... ........................... F rom m o r tg a g e s .......................................................................................... F rom redem ption o f stock s and b on d s............................................... $ 4 67,892 3 ,8 8 9 ,1 0 3 8 3 2 ,3 9 5 2 2 ,2 8 6 4 2 3 ,7 0 0 2 5 ,3 5 0 47 71 94 26 00 00 O nondaga C ounty F rom stock s and bonds sold (to ta l par valu e, $ 2 0 6 ,3 4 9 .9 6 ).. F rom rea l esta te s o ld .............................................................................. F rom a ll oth er sou rces, v iz .: Tellers’ and treasurers’ checks...................................... $1,440,531 90 Deposits lo r application fees and searches loaned.. 7,532 Oft Fire losses pending................................%......................... 12,597 70 9,190 93 W ar Savings certificates and T h rift Stamps............. Deposits for Liberty B onds; lib e rty Bonds sold— 835,810 27 U. S. certificates o f indebtedness............................... 150,000 00 D epositors’ notes, deficiency judgm ents........................ 3,415 89 Reserved fo r taxes.............................................................. 13,000 00 ------------------ 233 $ 2 0 7,1 6 5 56 1 ,8 53 00 2 ,4 7 2 ,0 7 8 69 $ 8 ,3 4 1 ,8 2 5 63 PAYMENTS T o d ep ositors, in clu d in g dividen ds p a id to th em ......................... $ 4 ,1 4 3 ,9 9 0 F or loan s on bonds and m o r tg a g e s ..................................................... 4 5 1 ,7 0 0 F or stock s and bonds purchased, in clu d in g prem ium s, com m is sion s, etc. (to ta l par valu e, $ 6 ,1 5 5 .3 8 )........................................... 6 ,1 5 5 12,121 F or in terest (oth er th an dividen d paym ents to d e p o s ito r s )____ F or cu rren t expenses o f th e bank, v iz .: For salaries......................................................................... $33,594 82 For ta xes: Banking house, $6,261.15; surplus, $13,612.78 ............................................................................ 19,873 93 For expenses, except taxes, o f banking h ouse: R ep a irs........................................................................... 10,904 41 Insurance ...................................................................... 103 95 Other .............................................................................. 8,463 79 For rent o f hankingroom s................................................ 6,500 00 For other expenses, not including expenses o f other real estate nor otherexpenses o f banking house.. 7,700 27 8 7 ,14 1 O ther paym ents, v iz .: Tellers’ and treasurers’ checks paid.............................$1,451,879 69 Application fees, deposits for searches loaned........... 8,053 90 Fire losses, taxes, depositors’ notes............................. 25,856 40 Liberty Bonds purchased, Liberty Loan deposits— 1,635,687 52 W ar Savings Certificates, T h rift Stamps..................... 162,533 64 3 ,2 8 4 ,0 1 1 Cash on hand and in banks o r tru st com panies D ecem ber 31, 1918, a fter tran sa ction s o f th e d a y ................................................. 3 5 6 ,7 0 5 49 00 38 90 17 05 64 $ 8 ,3 4 1 ,8 2 5 63 S T A T IS T IC A L IN FO R M A TIO N N um ber o f open a ccou n ts Jan u ary 1, 1919...................................... 2 8 ,69 2 N um ber o f accou nts opened o r reopened du rin g th e y e a r ........... 2 ,8 4 1 N um ber o f accou n ts closed du rin g th e y e a r.................................. 2 ,5 0 0 A m ount deposited du rin g th e yea r, n ot in clu d in g dividends cred ited fo r th a t p e rio d ..................................................................... $ 3 ,8 8 9 ,1 0 3 71 A m oun t w ith draw n d u rin g th e y e a r............................................... 4 ,1 4 3 ,9 9 0 49 A m ount o f dividen ds cred ited and p a id fo r th e year, v iz .: July 1, 1918........................................................................... $292,290 36 January 1, 1919.................................................................... 294,413 60 Credited a t other periods................................................. 575 81 -----------------587,2 7 9 77 A verage am ount o f each accou n t Jan u ary 1, 1919 ......................... 538 00 R ate per cen t, o f dividen ds to dep ositors d u rin g th e six m onths ending June 30, 1918.......................................................................... 4 R ate per cen t, o f dividen ds to dep ositors du rin g th e six m onths ending D ecem ber 31, 1918................................................................... 4 T ota l earn ings o f th e bank fo r th e yea r 1918, a fter allow in g fo r am ortization o f prem ium s and d iscou n ts____T................... $821,493 57 T ota l expenses o f th e bank fo r th e y ea r 1918.................................. 8 7 ,14 1 17 D ividends p a id to d ep ositors fo r th e yea r 1918........................... 5 8 7 ,2 7 9 77 N et earn ings fo r th e yea r 1918 over expenses and dividen ds paid to d ep ositors ................................................................................ 147,072 63 ONTARIO COUNTY 89. GENEVA SAVINGS BANK, GENEVA [31 Seneca street; Incorporated 1910] JAMBS E. BROWN, President H . A . W HEAT, V ice-President A. P . ROBB, Vice-President. GEORGE D. WHEDON, Treasure!. TR U STE E S LANMN® ®. HOSKINS^ WHITMAN H. JORDON, CHARLES S. RUBRAL!* ARTHUR P. ROSE, H . H. SCHIEFFELIN, THEODORE J. SMITH. EDWIN S. THORNE, HENRY A. WHEAT, GEORGE D . WHEDON, THOMAS B. WILSON, FREDM tlCK D. W H ITW ELL JOHN PARMENTER. F IN A N C IA L RESOURCES B on ds a n d m ortga ges....................... S tock and bond investm ents, v iz .: Original Par Estimated Stocks and bonds value cost market value $98,600 00 United1States........................... $98,600 00 $98,600 0(0 35,050 m Cities in other States........... 35,000 00 35,967 00 a ties in this State............... 56,000 00 57,702 50 56,707 51 Villages in this State........... 40,000 CO 40,608 45 40,420 00 School districts in this State 25,800 00 26,547 66 27,030 25 155,070 00 Railroad mortgage bonds— 176,00000 169,361 26 $431,400 00 $427,791 88 $ 7 2 1 ,2 9 0 50 $414,472 75 4 1 4 ,4 7 2 2 ,1 5 4 9 8 ,0 3 1 9 ,WO 1 1 ,0 4 0 P rom issory n otes ....................................................................................... C ash on dep osit in banks o r tru s t co m p a n ie s.............................. C ash on h a n d ................................................................................. ............. T o ta l o l co lle ctib le in te re st...................................................................... A m ou n t o f a ll oth er assets, v iz .: Furniture and fixtures..................................................... $350 00 U. S. T h rift Stamps........................................................... 107 50 75 40 43 68 89 457 50 $ 1 ,2 5 6 ,4 8 8 15 LIAB ILITIES A m ou n t du e d ep ositors, v iz .: Principal .............................................. ............................... $1, aid, 905 69 Dividends credited or to be credited fo r the six 21,376 40 months ending w ith December 31, 1918..................... ------------------ $ 1 ,2 3 2 ,2 8 1 09 S u rp lu s on m arket v a lu e ..................................................................... 2 4 ,2 0 7 06 $ 1 ,2 5 6 ,4 8 8 15 S u rplu s on p a r va lu e, $41,134.31. C A SH T R A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS Cash on hand and in banks o r tru st com panies Ja n u a ry 1, 1918, b efore tran sa ction s o f th e d a y ........................................... F rom d ep ositors, n ot in clu d in g dividen ds cre d ite d .................. .... F rom in terest on loan s, d ep osits and in vestm en ts......................... F rom m o r tg a g e s ......................................................................................... [2 3 4 ] $ 1 02,648 6 3 9 ,7 9 1 5 9 ,6 0 6 1 6 ,3 6 4 45 00 59 00 O ntario C ounty F rom redem ption o f stock s and b on d s............................................... F rom stock s and bonds sold (to ta l p a r valu e, $ 1 2 3 ,1 5 8 .6 4 )... From loan s p a id ....................................................................................... F rom a ll oth er sou rces, v iz .: Sale o f home banks........................................................... $37 00 W ar Savings and T h rift Stamps.................................. 12,960 04 ------------------ 235 $ 3 4 ,5 5 0 00 123,158 64 2 0 ,9 5 1 30 12,996 04 $ 1 ,0 1 0 ,0 6 6 02 PAYMENTS T o dep ositors, in clu d in g dividen ds paid* to th em ......................... F or loa n s on bonds and m ortga ges................................................. F or loa n s on stock s and bonds and oth er se cu ritie s.................... F or stocks and bonds purchased, in clu d in g prem ium s, com m is sion s, etc. (to ta l par va lu e, $ 1 9 7 ,7 7 0 .6 1 ).................................... F or in terest (o th e r than dividen d paym ents t o d e p o s ito r s ). . F or cu rren t expenses o f th e bank, v iz .: For salaries......................................................................... $6,063 90 For taxes : Surplus........................................................... 206 39 For rent o f banking room s.............................................. ISO 00 For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. 1,696 89 -----------------O ther paym ents, v iz .: W a r Sayings and T h rift sta m p s......... Cash on hand and in banks or tru st com panies D ecem ber 31, 1918, a fter tran sa ction s o f the d a y ................................................. $649,451 54 1 0 ,31 6 60 2 3 ,1 0 5 TO 197,770 61 173 84 8 ,4 0 6 18 1 3,769 54 107,072 11 $ 1 ,0 1 0 ,0 6 6 02 S T A T IS T IC A L IN FO R M A TIO N N um ber o f open accou n ts J an u ary 1, 1 9 1 9 . . . , ......................... 5 ,2 3 3 N um ber o f accou n ts opened or reopened du rin g th e y e a r____ 1 ,029 N um ber o f accou n ts closed du rin g th e y e a r................................... 1 ,0 86 A m ount deposited du rin g th e yea r, n ot in clu d in g dividen ds $639,791 00 cred ited fo r th a t p e rio d ..................................................................... A m oun t w ith draw n du rin g the y e a r........................... : .................... 649,451 54 A m oun t o f dividen ds cred ited and p a id fo r th e yea r, v iz .: July 1, 1918........................................................................... $21,619 68 January) 1, 1919.................................................................... 21,3® 40 -------------------------------------- 4 2 ,9 9 5 08 A verage am ount o f each accou n t Jan u ary 1, 1919...................... 230 05 R ate per cent, o f dividen ds t o d ep ositors du rin g th e six m onths en din g Jun e 30, 1918.......................................................................... 4 R ate per cen t, o f dividen ds to dep ositors du rin g th e six m onths en din g D ecem ber 31, 1918................................................................. 4 T ota l earn ings o f th e bank fo r th e yea r 1918, a fte r allow in g fo r am ortization o f prem ium s and d iscou n ts........................... $ 5 9 ,1 1 4 62 T ota l expenses o f th e bank fo r th e yea r 1918............................... 8 ,7 0 0 18 4 2 ,9 9 5 08 D ividends p a id to dep ositors fo r th e year 1918 ............................. N et earn in gs fo r th e yea r 1918 over expenses and dividen ds paid to dep ositors ................................................................................ 7 ,4 1 9 36 ORANGE COUNTY 100. THE CORNWALL SAVINGS BANE; CORNWALL-ON-THE-HUDSON [Incorporated 1871] TOWNSEND D . WOOD, President. PATRICK BBVANS. Vice-President. L. GRANT GOODNOUGH, Vice^Pres. GILBERT T. COCKS. Treasurer. PATRICK BBVANS. CHARLES C. COCKS. GILBERT T . COCKS. HARVEY A. CALL. T R U ST E E S L. GRANT GOODNOUGH. EDWARD L. SYLCOX, FRANK E. VICKERE, TOWNSEND D. WOOD, GEORGS B. M AILLER. FLOYD W . M AILLER. JAMES C. KETCHAM, GEORGE H. C. HOLE. F IN A N C IA L RESOURCES B on ds and m ortga ges.................... . S tock and bond in vestm ents, v iz .: Par O riginal Estim ated Stocks and bonds value cost market value 314,846 00 314,834 00 United States..................... 314,846 00 4,450 00 5,000 00 4,516 50 State o f V irginia............. 12,400 00 12,400 U O 11,036 00 State o f Colorado............. 36,000 00 36,974 74 35,970 00 C ities in this State.......... 8,200 00 8,200 00 8,344 00 Towns in this State........ 12,200 00 12,033 50 12,362 39 Villages in this State....... 39,000 00 39,790 29 29.34® 00 Railroad mortgage bonds. 3127,646 00 3129,077 92 $2 8 3,0 2 7 00 $116,019 50 116,0 1 9 50 B anking house and lo t, b ook valu e, $5,700.00; cost, $5,728 13; a ctu a l cash v a lu e ........................................................... C a d i on dep osit in banks o r tru st com pan ies......... Cash on h a n d ........................................................................ T o ta l o f co lle ctib le in te re st............................................. A m ou n t o f a ll oth er assets, v iz .: $950 00 Furniture and! fixtures..................................................... 80 08 Taxes advanced................................................................... 5 ,7 0 0 4 1 ,3 5 7 1 ,8 0 2 8 ,0 1 6 00 74 15 38 1 ,0 3 0 08 $4 5 7,5 5 2 85 LIAB ILITIES A m oun t du e d ep ositors, v iz .: Principal .............................................................................. Dividends credited o r to be credited fo r the six months ending w ith December 31, 1918........................ 1424,909 50 7,943 75 -----------------S u rplu s on m arket v a lu e........................................................................ $ 4 32,853 25 2 4 ,0 9 9 00 $4 5 7,5 5 2 85 S u rplu s on p a r va lu e, $36,326.10. C A SH T R A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS Cash on hand and in banks o r tru st com panies Jan u ary 1, 1918, before tran sa ction s o f th e d a y ............................................... $ 2 7 ,9 2 3 21 F rom dep ositors, n o t in clu d in g dividen ds cre d ite d ......................... 8 0 ,9 1 9 66 F rom in terest on loa n s, d ep osits and in vestm en ts......................... 2 1 ,1 1 0 49 F rom ren ts from ban kin g h ou se........................................................ 100 00 F rom m o r tg a g e s ......................................................................................... 2 5 ,6 5 5 00 F rom redem ption o f stock s and b on d s............................................... 2 0 ,5 0 0 00 $ 1 8 2,2 0 8 36 [2 3 6 ] O range C ounty 237 PAYMENTS T o dep ositors, in clu d in g dividen ds pa id to th em ........................... F or loan s on bonds and m ortga ges................................................. F or stock s and bonds purchased, in clu d in g prem ium s, com m is sion s, etc. (to ta l pa r va lu e, $ 2 9 .8 3 4 )........................................... F or in terest (oth er th an dividen d paym ents to d e p o s ito r s ). . . f o r cu rren t expenses o f th e bank, v iz .: For salaries........................................................................... $1,4®) 00 For ta xes: Banking house, $35.59; surplus, $224,46.. 260 05 For expenses, except taxes, o f banking house: Repairs ........................................................................... 17 26 Other .............................................................................. 91 83 For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. 387 73 -----------------O ther paym ents, v iz .: T axes advan ced............................................. Cash on hand and in banks or tru s t com panies D ecem ber 31, 1918, a fter tran sa ction s o f th e d a y ................................................. $1 0 4,8 5 2 53 2 ,0 0 0 00 2 9 ,8 3 4 00 74 99 2 ,2 0 6 87 80 08 4 3 ,1 5 9 89 $ 1 8 2,2 0 8 36 S T A T IS T IC A L IN FO R M A TIO N N um ber o f open accou n ts Jan u ary 1, 1919................................. N um ber o f accou nts opened o r reopened d u rin g th e y e a r . . . . N um ber o f accou nts closed d u rin g th e y e a r.................................... A m ount deposited du rin g th e yea r, n ot in clu d in g dividends cred ited fo r th a t p e rio d ................................................................... A m ount w ith draw n du rin g th e y e a r............................................... A m ount o f dividen ds cred ited an d p a id fo r th e year, v iz .: July 1, 1918........................................................................... $8,117 65 January 1, 1919.................................................................... 7,943 75 A verage am ou nt o f each accou n t Jan u ary 1, 1919......................... N um ber o f a ccou n ts w hich exceeded $3,000, exclu sive o f d iv i dends cred ited , a t th e la s t tr ia l balance o f d ep ositors’ ledgers, excep t d ep osits a risin g from society accou n ts, o r ju d icia l sales, o r tru st fu n ds, o r b y ord er o f a cou rt o f record or o f a su rroga te .............................................................................................. T ota l am ount o f such a ccou n ts............................................................ R ate per cen t, o f dividen ds to d ep ositors du rin g th e six m onths ending Jun e 30, 1918....................................................................... R ate per cen t, o f dividen ds to d ep ositors du rin g th e six m onths ending D ecem ber 31, 1918................................................................. T ota l earn ings o f th e bank fo r th e yea r 1918, a fter allow in g fo r a m ortization o f prem ium s and d iscou n ts............................. T ota l expenses o f th e bank fo r th e y ea r 1918.................................. D ividends p a id to dep ositors fo r th e yea r 1918............................. N et earn in gs fo r th e yea r 1918 over expenses and dividen ds p a id to dep ositors ................................................................................ 1 ,3 2 4 126 130 $86,9 1 9 66 104,852 53 16,061 40 327 18 1 $ 3 ,1 7 4 68 4 4 $21,7 7 4 15 2 ,2 0 6 87 16,061 40 3 ,5 0 5 88 238 R 101. eport on S a v in g s B anks GOSHEN SAYINGS BANE, GOSHEN [11 W est Main street; incorporated 1871] AAEON V. D. WALLACE, President. W ILLIAM KNIFFIN, Vice-President. THOMAS MOULD, Vice-President. FRANK DRAKE, W ILLIAM KNIFFIN, RALPH L. McGEOCH, H. B. SMITH. Treasurer. GEORGE LUFT, J b., Asst. Treasurer. T R U STE E S THOMAS MOULD, EDWIN L. ROYS, G. H. BENNETT, W ILLIAM A. WELLS. HARRY B. SMITH, JOSEPH M ERRITT, AARON V. D. WALLACE. F IN A N C IA L RESOURCES $ 1 ,0 2 3 ,7 1 0 00 B on ds and m o r tg a g e s ..................... S tock and bond in vestm ents, v iz .: Estim ated Original Stocks and bonds value cost market value $110,000 00 United States........................... $110,000 00 $110,000 00 66,754 32 63,126 00 Cities in this State............... 65,800 00 Counties in this State........... 18,000 00 18,570 00 18,47138 Towns in this State............... 33,000 00 35,216 10 85,310 00 109,598 82 111,086 25 Villages in this State........... 107,500 00 42,884 10 School districts in this State 42,000 00 42,515 50 Railroad mortgage bonds___ 211,500 00 185,085 00 214,646 25 $587,800 00 $597,670 97 $565,692 75 5 0 5 ,6 8 2 7 7 ,7 4 5 1 2 ,71 9 2 1 ,4 0 9 Cash on d ep osit in banks o r tru st com panies Cash on h a n d ............................................................ T ota l o f collectib le in te re st................................... A m ou n t o f a ll oth er assets, v iz .: L ib erty B onds h eld fo r c u s to m e r s .................................................................................................. 75 47 80 70 1 7 ,56 8 72 $ 1 ,7 1 8 ,9 3 6 44 LIAB ILITIES A m oun t due dep ositors, v iz .: Principal ......................................... ................................... $1,595,688 86 Dividends credited o r to be credited fo r the six months ending w ith December 31, 1918..................... 30,367 39 ------------------ $ 1 ,6 2 6 ,0 5 6 25 O ther lia b ilitie s , v iz .: L ib erty B ond d ep osits.................................. 7 ,0 0 7 00 S u rplu s on m arket v a lu e ..................................................................... 8 5 ,8 7 3 19 $ 1 ,7 1 8 ,9 3 6 44 S u rplu s on pa r va lu e, $107,080.44. C A SH TR A N SA C T IO N S D U R IN G TH E Y E A R 1918 RECEIPTS Cash on hand and in banks o r tru s t com panies Jan u ary 1, 1918, b efore tran sa ction s o f th e d a y ............................................. F rom d ep ositors, n o t in clu d in g dividen ds cre d ite d .................... F rom in terest on loa n s, dep osits and in vestm en ts....................... F rom m o r tg a g e s .......................................................................................... F rom redem ption o f stock s and b on d s........................................... F rom a ll oth er sou rces, v iz .: U . S . L ib erty B on ds s o ld .............. $ 1 0 5 ,0 6 0 322,1 2 1 7 8 ,9 0 6 127,8 5 0 2 2 ,1 0 0 1 5 ,5 2 9 59 96 85 00 00 00 $ 6 7 1,5 6 8 40 PAYMENTS T o d ep ositors, in clu d in g dividen ds p a id to th em ......................... F or loa n s on bonds and m ortga ges...................................................... $ 398,571 95 6 7 ,3 0 0 00 O range C oun ty F or stock s and bonds purch ased, in clu d in g prem ium s, com m is sion s, etc. (to ta l p a r valu e, $ 8 8 ,0 0 0 )............................................ F or in terest (o th e r th an dividen d paym ents to d e p o s ito rs ). . . F or cu rren t expenses o f th e bank, v ia .: For salaries........................................................................... $1,300 00 F or taxes: Surplus......................................................... 818 31 480 00 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.. 1,055 24 -----------------O ther paym ents, v iz .: U . S. lib e r t y 'Loan B o n d s ........................ Cash on hand and in banks o r tr u s t com panies D ecem ber 31, 1918, a fte r tran sa ction s o f th e d a y ............................................... 239 $88,4 7 1 38 6 25 5 ,5 5 3 55 2 1 ,1 0 0 00 9 0 ,46 5 27 $671,568 40 S T A T IS T IC A L IN FO R M A TIO N N um ber o f open accou nts Jan u ary 1, 1919...................................... N um ber o f accou nts opened o r reopened du rin g th e y e a r-----N um ber o f accou nts closed d u rin g th e y e a r.................................. A m ount dep osited d u rin g th e yea r, n ot in clu d in g dividends cred ited fo r th a t p e rio d .................................... ................................. A m ount w ith draw n d u rin g th e y e a r................................................. A m ount o f dividen ds cred ited and pa id fo r th e yea r, v iz .: July 1, 1918........................................................................... 131,130 97 January 1, 1919..................................................................... 30,367 39 A verage am ount o f each accou n t Jan u ary 1, 1919...................... R ate per cen t, o f dividen ds to dep ositors du rin g th e six m onths en din g Jun e 30, 1918............................................................................ R ate per cen t, o f dividen ds to dep ositors d u rin g th e six m onths en din g D ecem ber 31, 1918................................................................... T ota l earn in gs o f th e hank fo r th e year 1918, a fter allow in g fo r am ortiza tion o f prem ium s and! d iscou n ts............................. T ota l expenses o f th e bank fo r th e yea r 1918.................................. D ividends p a id t o dep ositors fo r th e y ea r 1018............................. N et earn in gs fo r th e yea r 1918 over expenses and dividen ds paid t o d e p ositors................................................................................... 3 ,3 8 4 335 446 $322,121 96 3 9 8,571 95 6 1 .4 9 8 36 480 51 4 4 $ 7 7 ,8 4 3 35 5 ,6 5 3 65 6 1 .4 9 8 36 10,691 44 240 R eport on S a v in g s B anks 102. MIDDLETOWN SAVINGS BANK, MIDDLETOWN [2 South street; incorporated 1866] GEO. A. SWAYZE. President. HAROLD B. WOODWARD, Treasurer. EDMUND M1LLEN. Vice-President, CHAS. B. BUCKLEY. Asst. Treas. JAMES A . CLARK, Vice-President. GEORGE R. WENGENROTH, A sst. Secy. JAMES P. DOLSON, Asst. Secy. TRUSTEES EDMUND MILLEN, JOHN E. ISEMAN. JAMES A. CLARK. JOHN W . SLAUSON, CHARLES L. MEAD, GEORGE A. SWAYZE. GEORGE W. BALLOU. JAMES E . GIBBS, JAMES H. SMITH. H. B. WOODWARD. DANIEL B. SWEENEY, F IN A N C IA L RESOURCES $ 3 ,2 7 7 ,3 7 0 00 B on ds and m ortgages .................... S tock and bond investm ents, v iz .: Estim ated Original Stocks and bonds value market value cost $438,540 89 $440,836 58 United States........................... $440,8% 58 65,260 00 82,687 50 State o f M assachusetts........ 75,000 00 State o f C alifornia............... 10,000 00 10,152 30 10,150 00 146,886 10 144,125 00 Cities in other States........... 144,600 00 402,875 00 427,847 69 Cities in this State............... 408,000 00 108,150 00 97,650 00 Counties in this State.......... 106,000 00 40,000 00 Towns in this State............... 40,000 00 38,000 00 143,990 73 138,000 00 141,565 00 Villages in this State........... 47,291 13 47,660 00 School districts in this State 47,000 00 R ailroad mortgage b on d s.... 1,100,598 00 1,092,1% 66 947,912 76 $2, 608, 934 58 $2,537,716 QO $2,336,024 34 P rom issory n otes ....................................................................................... B an kin g house and lo t, b ook valu e, $21,345.30; cost, $26,2 8 4 .9 8 ; a ctu a l cash v a lu e .................................................. ............... O ther rea l esta te, book va lu e, $150,143.21; co st, $151,481.69; a ctu a l cash v a lu e ................................................................................... Cash on d ep osit in banks o r tru st com pan ies.................................. Gash on h a n d .......................................................................... ; ................. T o ta l o f collectib le in te re st..................................................................... A m oun t o f a ll oth er assets, v iz .: Rent accrued........................................................................ $35 00 U. S. T h rift Stamps........................................................... 65 00 2 ,3 3 6 ,0 2 4 34 1 0 ,53 9 42 2 5 ,0 0 0 00 1 5 1 ,0 0 0 4 1 1 ,1 0 4 8 8 ,94 1 6 4 ;3 4 1 00 76 00 48 100 00 $ 6 ,3 6 4 ,4 2 1 00 LIAB ILITIES A m oun t due d ep ositors, v iz .: Principal .............................................................................. $5,850,159 37 Dividends credited or to be credited fo r the six months ending w ith December 31,1918....................... Ill, 05113 ------------------ $ 5 ,9 6 1 ,2 1 0 50 O th er lia b ilitie s , v iz .: Liberty Bond deposits...................................................... $27,282 00 B ills payable, Liberty Bond loans.................................. 90,000 00 -----------------117,282 00 S u rplu s on m arket valu e ..................................................................... 2 8 5 ,9 2 8 50 $ 6 ,3 6 4 ,4 2 1 00 S u rplu s on p a r va lu e, $458,838.74. C A SH T R A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS C ash on hand and in banks o r tr u s t com panies Jan u ary 1, 1918, b efore tran sa ction s o f th e d a y ............................................. $ 5 3 1,3 5 6 F rom dep ositors, n ot in clu d in g dividen ds cre d ite d .................... 1 ,2 6 1 ,4 9 4 F rom in terest on loa n s, dep osits and in vestm en ts....................... 2 7 9 ,4 8 8 F rom ren te from ban kin g h ou se............................................... ... •. 420 86 11 45 00 O F rom F rom F rom F rom F rom F rom and range C oun ty ren ts from oth er rea l esta te...................................................... m o r tg a g e s ........................................................................................ redem ption o f stock s and b on d s............................................... stock s and bonds sold (to ta l p a r valu e, $ 3 5 1 ,4 2 0 .6 0 ).. loa n s p a id ........................................ ................................................ a ll oth er sources, v iz .: W ar S avin gs and T h rift Stam ps L ib erty L oan b on d s....................................................................... 241 $ 8 ,4 2 $ 8 9 ,7 4 0 1 0 6 ,5 0 0 3 5 1 ,4 2 0 3 7 ,0 8 6 60 00 00 60 70 2 0 6 ,1 1 8 45 $ 2 ,9 0 2 ,0 5 3 77 PAYMENTS T o dep ositors, in clu d in g dividen ds pa id t o th em ___ $ 1 ,3 4 0 ,1 9 3 F or loa n s on bonds and m ortga ges................................ 4 5 ,3 0 0 F or loan s on stock s and bonds and oth er secu rities 4 5 ,7 9 1 F or stock s and bonds purchased, in clu d in g prem ium s, com m is sion s, etc. (to ta l par valu e, $ 6 9 2,9 4 4 .8 6 )...................................... 6 9 1 ,7 9 3 F or in terest (o th e r th an dividen d paym ents to d e p o s ito r s ). . 706 F or cu rren t expenses o f th e bank, v iz .: F or salaries......................................................................... fl7,733 00 For ta xes: Banking1house, $417.70; surplus, $2,533.64; on mortgages, $116.50...................................................... 3,067 84 For expenses, except taxes, o f banking house: Repairs ........................................................................... 104 92 Insurance ...................................................................... 90 03 F or expenses o f other real estate, v iz .: Insurance ...................................................................... 673 54 Taxes .............................................................................. 3,785 00 For other expenses, not including expenses o f other real estate norother expenses o f banking house.. 4,647 51 30,101 O ther paym ents, v iz .: Variation in cash.............................................................. $86 92 T h rift and W ar Savings Stamps, Liberty Loan bonds ........................... .................................................... 247,932.90 Loss on m ortgage................................................................ 98 16 Error in interest................................................................. 3 33 248,121 Cash on hand and in banks o r tru st com panies D ecem ber 31, 1918, a fter tran saction s o f th e d a y ................................................. 5 0 0 ,0 4 5 67 00 12 51 56 84 31 76 $ 2 ,9 0 2 ,0 5 3 77 S T A T IS T IC A L IN FO R M A TIO N N um ber o f open a ccou n ts Jan u ary 1, 1919...................................... 13,140 N um ber o f accou n ts opened o r reopened du rin g th e y e a r-----1 ,4 24 N um ber o f accou n ts closed du rin g th e y e a r.................................... 1 ,4 48 A m ount dep osited du rin g th e yea r, n o t in elu d in g dividen ds cred ited fo r th a t p e r io d ....................................................................... $ 1 ,2 6 1 ,4 9 4 11 A m ount w ith draw n du rin g th e y e a r.................................................... 1 ,3 4 0 ,1 9 3 67 A m ount o f dividen ds cred ited and p a id fo r th e yea r, v iz .: July 1, 1918........................................................................... $110,874 70 January 1, 1919.................................................................... 111,05113 2 2 1 .9 2 5 83 A verage am ount o f each accou n t Jan u ary 1, 1919.................... 453 59 R ate per cen t, o f dividen ds to dep ositors du rin g th e six m onths 4 ending June 30, 1918............................................................................ R a te per cen t, o f dividen ds to d ep ositors du rin g th e six m onths en din g D ecem ber 31, 1918............................................... ................... 4 T ota l earn ings o f th e bank fo r th e yea r 1918, a fter allow in g $288,962 85 fo r a m ortiza tion o f prem ium s and d iscou n ts............................. 3 0 ,2 9 0 25 T ota l expenses o f th e bank fo r th e yea r 1918................................ 2 21.925 83 D ividends p a id to dep ositors fo r th e yea r 1918------. . . . . . . . . . N et earn ings fo r th e y ea r 1918 over expenses and dividen ds 3 6 ,7 4 6 77 paid to d e p o s it o r s ......... ....................................................................... 242 R eport o ir S a v in g s B anks 103. NEWBURGH SAVINGS BANE, NEWBURGH [40 Smith street: incorporated 1852] THOMAS F . BALFE, President. F. W. SENFF. Vice-President. WM. F . CASSEDY. Vice-President. THOMAS F. BALFE, SAMUEL L. STEWAfeT, WILLIAM O. M AILLEtt, JOSEPH CHADWICK. TR U ST E E S GEORGE W. GREEN. F. W. SENFF. W ILLIAM F. CASSEDY, THOS. F. CHADWICK. FRED’K C. BALFE, JOHN T. HOWELL, HIRAM M ERRITT, EDWARD B. WEED, F IN A N C IA L RESOURCES $ 7 ,4 3 2 ,6 0 2 75 B onds and m o r tg a g e s ............................................. S tock and bond in vestm ents, v iz ,: Estimated Par Original Stocks and bonds value cost market value United States........ : ............... $1,772,100 00 $1,772,100 00 $1,772,100 00 100,000 00 101,00 0 00 State o f New York.................. 100,000 00 119,600 00 110,400 00 State o f M assachusetts........ 115,000 GO 431,649 80 402,510 00 400,500 00 Cities in other States............ C ities in this State............... 3,356,151 67 3,564,977 21 3,375,247 67 450,026 80 Counties in this State........... 414,000 00 412,795 00 61,653 80 61,070 00 Towns in this State............... 61,000 00 9,000 00 9,000 00 School districts in this State 9,000 00 Land Bank o f the State o f 160,000 00 160,429 44 159,200 00 New York.............................. 16,387,751 57 $6,669,437 05 $6,403,322 67 6 ,4 0 3 ,3 2 2 67 B anking house and lo t, b ook va lu e, $20,(WO; cost, $115,527.16; a ctu a l cash v a lu e................................................................................... C ash on d ep osit in banks o r tru st com pan ies............................. Cash on h a n d .............................................................................................. T o ta l o f co lle ctib le in te re st................................................................. A m oun t o f a ll oth er assets, v iz .: U . S. W ar S avin gs S ta m p s .. 2 0 ,000 8 2 2 ,3 1 5 8 0 ,0 8 8 177,591 123 00 15 92 93 50 $ 1 4 ,9 3 6 ,1 0 4 92 LIAB ILITIES A m oun t due d ep ositors, v iz .: Principal .............................................................................. $12,580,747 05 Dividends credited o r to be credited fo r the six months ending with December 31, 1918..................... 240,998 37 ----------- ------ $ 1 2 ,7 9 1 ,7 4 6 42 S u rplu s on m arket v a lu e .......................................................................... 2 ,1 4 4 ,3 5 9 50 $ 1 4 ,9 3 6 ,1 0 4 92 S u rp lu s on p a r valu e, $2,128,788.40. C A SH TR A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS Cash on hand and in banka o r tru st com panies Jan u ary 1, 1918, b efore tran sa ction s o f th e d a y ............................................... $938,847 F rom d ep ositors, n o t in clu d in g dividen ds cre d ite d .................... 1 ,6 5 9 ,9 4 4 F rom in terest on loa n s, d ep osits and in vestm en ts......................... 6 6 3 ,2 4 9 F rom ren ts from ban kin g h ou se.................................................... 1 ,7 8 3 F rom m ortgages ....................................................................................... 6 0 1 ,7 2 5 F rom redem ption o f stock s and b on d s............................................... 1 ,8 6 2 ,2 4 7 F rom stock s and bon d s sold (to ta l p a r va lu e, $ 2 5 8 ,2 0 0 ).... 2 5 8 ,20Q 11 27 79 13 00 54 00 From loans paid ................................................................................. 8,4 75 00 F rom a ll oth er sources, v iz .: 1 ,1 0 6 40 W a r S avin gs S ta m p s.................... $5,995,578 24 O range C oun ty 243 PAYMENTS $ 2 ,1 7 2 ,0 1 7 T o d ep ositors, in clu d in g dividen ds p a id to th em .................. 8 ,4 7 5 F or loan s on stock s and bonds and oth er se cu ritie s.................... F or stock s and bonds purch ased, in clu d in g prem ium s, com m is sion s, etc. (to ta l par va lu e, $ 2 ,8 5 8 ,5 6 1 .5 7 ).................. ............... 2 ,8 5 8 ,5 6 1 402 F or in terest (oth er th an divid en d paym ents to d e p o s ito r s ). . F or cu rren t expenses p f th e bank, v iz .: Por salaries.......................................................... $27,928 07 Por ta x es: Banking house, $745.68 ; surplus,$19,359.72 20,105 40 For expenses, except taxes, o f banking h ouse: Repairs — . ............................................................ ... 268 21 Insurance ...................................................................... 192 38 Other .............................................................................. 598 00 Por other expenses, not including expenses o f other real estate nor other expenses o f banking house.. 3,406 19 5 2 ,4 8 8 O ther paym ents, v iz .: Liberty Bond's..................................................... $300 00 W ar Savings Certificates.................................. 929 90 1 ,2 2 9 Cash on hand and in banks o r tru s t com panies D ecem ber 31, 9 0 2 ,4 0 4 1918, a fter tran sa ction s o f th e d a y ............................................... 24 00 57 21 25 90 07 $ 5 ,9 9 5 ,5 7 8 24 S T A T IS T IC A L IN FO R M A TIO N N um ber o f open accou n ts J an u ary 1, 1919...................................... 18 ,84 3 N um ber o f accou nts opened o r reopened d u rin g th e y e a r . . . . . . 2 ,1 8 2 N um ber o f accou n ts closed d u rin g th e y e a r ...................................... 2 ,4 7 4 A m ou n t deposited) d u rin g th e year, n ot in clu d in g dividen ds cred ited fo r th a t p e r io d ...........................: ........................................ $ 1 ,6 5 9 ,9 4 4 27 A m oun t w ith draw n du rin g th e y e a r.................................................... 2 ,1 7 2 ,0 1 7 24 A m ount o f dividen ds cred ited and pa id fo r th e yea r, v iz .: July 1,1918............................................................................ $242,677 98 January 1, 1919.................................................................... 240,998 37 4 8 3 .6 7 6 35 A verage am ount o f each a ccou n t Jan u ary 1, 1919......................... 678 85 R ate per cen t, o f dividen ds to dep ositors du rin g th e s ix m onths en din g June 30, 1 9 1 8 ............................................................................ 4 R ate p er eent. o f dividen ds to dep ositors du rin g th e s ix m on th s endm g D ecem ber 31, 1 9 1 8 ................................................................... 4 T ota l earn in gs o f th e bank fo r th e yea r 1918, a fter a llow in g fo r a m ortiza tion o f prem ium s and d iscou n ts............................... $6 5 7,2 3 0 85 T ota l expenses o f th e bank fo r th e yea r 1918.................................. 5 2 ,4 8 8 25 D ividen ds p a id to dep ositors fo r th e yea r 1918............................. 4 8 3 .6 7 6 35 N et earn in gs fo r th e year 1918 over expenses and dividen ds paid to d ep ositors ................................................................................ 121,066 25 244 R eport o f S a v in g s B anks 104. WALDEN SAYINGS BANK, WALDEN [Corner U lster avenue and Bank street; Incorporated 1872] HIRAM B. WOOSTER, President. CHARLES W. SADLIER, Treasurer. -----------------LOUIS H. C L — A sst -Secretary. THERON L. ---------------------MILLSPAUGH, Vice-Prea. CLUM, ED W ARD W --------------------------~ ' HITEHEAD, Vice-President. TRUSTEES T . L. MILLSPAUGH, EDWARD W HITEHEAD, HIRAM B. WOOSTER, CHARLES W. S A D L IlR , ALBERT S. EMBLER. R. A. DBMAREST, JAMES H . DBNNISTON, C. FRED FOWLER. HARVEY N. SMITH, JOHN SIMPSON, JOHN AHRENS, J. LOUIS SCHRADE. F IN A N C IA L RESOURCES B on ds and m o r t g a g e s ....,................................................................... S tock and bond investm ents, v iz .: Estim ated Par Original market value Stocks and bonds value cost $106,834 00 $106,846 00 United States........................... $106,000 0® 4,500 00 5,637 50 6,000 00 State o f M assachusetts........ 40,900 00 42,606 48 Cities in other States........... 40,000 00 77,796 10 72,280 00 Cities in this State............... 76,000 00 39,028 79 37,140 00 Towns in th is State............. 38,000 00 75,331 TO 71,660 00 73,600 00 Villages in this State............ 20,763 66 20,106 00 School districts In this State 10,900 00 87,062 50 72,800 00 Railroad mortgage bonds— 90,000 00 $448,400 00 $454,060 63 $ 6 65,750 00 $425,122 00 4 2 5 ,1 2 2 00 B an kin g bou se and lo t, b ook va lu e, $19,000.00; cost, $19,2 6 2 .5 4 ; a ctu a l cash va lu e ................................................................. Cash on d ep osit in banks o r tru s t com pan ies................................ Cash on hand . . . , ................................................................................... T o ta l o f co lle ctib le in te re st................................................................. 1 9 ,0 0 0 9 3 ,7 4 8 1 7 ,27 4 19,617 00 35 55 14 $ 1 ,2 4 0 ,5 1 2 04 LIAB ILITIES A m ou n t due d ep ositors, v iz .: Principal ............. ................................................................ $1,110,828 06 Dividends credited o r to be credited fo r the six months ending w ith December 31, 1918...................... 20,1%) 56 ------------------ $ 1 ,1 3 1 ,0 0 8 62 S u rplu s on m arket v a lu e .......................................................................... 1 0 9 ,5 0 3 42 $ 1 ,2 4 0 ,5 1 2 04 S u rplu s on par va lu e, $132,781.42. C A SH TR A N SA C T IO N S D U R IN G TH E Y E A R 1918 RECEIPTS C ash on h an d and in banks o r tru s t com panies Jan u ary 1, 1918, b efore tra n sa ction s o f th e d a y ............................................... F rom d ep ositors, n o t in clu d in g divid en d s cre d ite d ......................... F rom in terest on loa n s, dep osits and in vestm en ts......................... F rom m o r tg a g e s .......................................................................................... F rom redem ption o f stock s a n d b on d s............................................... F rom a ll oth er sources, v iz .: L an d co n tra ct.................................... $ 9 2 ,4 1 5 2 8 3 ,4 5 8 5 4 ,6 2 8 3 4 ,1 5 4 8 9 ,8 0 0 1 ,3 5 0 21 99 15 00 00 00 $ 5 55,806 35 PAYMENTS T o d ep ositors, in clu d in g dividen ds p a id to th em ......................... F o r loa n s on bonds and m ortga ges...................................................... $2 8 5,5 9 0 04 2 ,1 0 0 00 O range C oun ty 245 F or stock s and bonds purchased, in clu d in g prem ium s, com m is $ 1 50,834 sion s, etc. (to ta l p a r valu e, $ 1 5 1 ,8 3 4 )...................................... F or in terest (oth er th an dividen d paym ents t o d e p o s ito r s ). . 2 F or cu rren t expenses o f th e bank, v iz .: For salaries................................................................ $4,14? 16 For taxes : Banking house, $266.06; surplus, $804.44; on mortgages, $10.60............................................... 1,161 00 For expenses, except taxes, o f banking h ouse: Repairs ........................................................................... 16 93 Insurance ...................................................................... 55 44 Other .............................................................................. 395 29 For other expenses, not Including expenses o f other real estate norother expenses o f banking house.. 48212 6 ,2 5 0 Cash on hand and in banks o r tru st com panies D ecem ber 31, 1918, a fter tran sa ction s o f th e d a y ................................................. 111,0 2 2 00 47 94 90 $ 5 5 5,8 0 6 35 S T A T IS T IC A L IN FO R M A TIO N N um ber o f open accou nts Jan u ary 1, 1919.................................... N um ber o f accou n ts opened o r reopened d u rin g th e y e a r . . . . . . N um ber o f a ccou n ts closed du rin g the y e a r.................................. A m ount dep osited du rin g th e yea r, n o t in clu d in g dividen ds cred ited fo r th a t p e rio d ..................................................................... A m oun t w ith draw n du rin g th e y e a r............................................... A m ount o f dividen ds cred ited wad p a id fo r th e yea r, v iz .: July 1, 1018............................................................................ $19,887 01 January 1, 1919.................................................................... 20,180 56 A verage am ount o f each accou n t Jan u ary 1, 1919......................... R a te per cen t, o f dividen ds to d ep ositors d u rin g th e six m on th s ending Ju n e 30 1918............................................................................ R a te per cen t, o f dividen ds to d ep ositors du rin g th e six m onths en din g D ecem ber 31, 1918................................................................ T ota l earn in gs o f th e bank fo r th e yea r 1918, a fter a llow in g fo r am ortiza tion o f prem ium s and d iscou n ts............................. T ota l expenses o f th e bank fo r th e yea r 1918.................................. D ividends paid t o d ep ositors fo r th e yea r 1918............................. N et earn in gs fo r th e yea r 1918 over expenses and dividen ds p a id to d ep ositors................................................................................... 3 ,3 3 7 380 411 $283,458 99 2 8 5 ,5 9 0 04 4 0 .06 7 57 338 93 3 and 4 3 and 4 $ 5 3 ,7 0 0 36 6 ,2 5 6 94 4 0 .06 7 57 7 ,3 7 5 85 246 R epoet oh S a v in g s B anks 105. THE WARWICK SAVINGS BANK, WARWICK [M ain street; incorporated 1875] JOHN SAYER, President. THOMAS WELLING. Vice-President. JOHN SAYER, JOS. E. V. MILLER, THOMAS WELLING, W ILBUR C. LAZEAR, W ILBUB C. LAZEAR, V ice-President JOSEPH E. V. M ILLER, Treasurer. TR U ST E E S BENJ. P . VAIL, HENRY PELTON, JOHN W. SANFORD, JOEL H. CB1SSBY, MORRIS RUTHBRItJRD. CLIFFORD S. BEATTIE, JOHN B. BHADNER, FRED C. CARY, W . B. VAN DERVOBT, F IN A N C IA L RESOURCES B on ds and m ortga ges........................................................ S tock n nd bond in vestm ents, v iz .: Par Estim ated Original Stocks and, bonds value market value cost United States........................... $170,084 40 $170,084 40 $167,688 40 7,227 50 6, m 0 0 C ities in other States............ 7,000 00 113,905 99 98,145 00 97,000 00 Cities in th is State.................. 23,500 00 Counties in this State........... 20,000 00 19,600 00 35,329 00 Towns in this State............... . 34,000 00 33,730 00 162,825 62 158,964 37 V illages in this State........... 158,250 00 School districts in this State 52,500 00 53,495 18 53,725 00 $538,834 40 C ash on Cash on T o ta l o f A m ou n t $563,871 69 $ 5 5 3,6 6 0 00 $541,108 77 5 4 1 ,1 0 8 1 7 0 ,3 6 4 352 1 3 ,34 6 5 ,0 0 0 d ep osit in banks o r tru st co m p a n ie s ,. . . hand ............................................................. co lle ctib le in te r e s t......................................... o f a ll oth er assets, v iz .: Land co n tra ct. 77 13 83 02 00 $ 1 ,2 9 2 ,8 3 1 75 LIAB ILITIES A m oun t due d ep ositors, v iz .: Principal .............................................................................. $1,206,000 32 Dividends credited or to be credited fo r the six months ending with December 31, 1918....................... 22,077 16 ------------------ $ 1 ,2 2 8 ,5 7 7 48 Su rplu s on m arket v a lu e ........................................................................ 6 4 ,2 5 4 27 $ 1 ,2 9 2 ,8 3 1 75 S u rplu s on p a r va lu e, $61,979.90. C A SH T R A N SA C T IO N S D U R IN G TH E Y E A R 1918 RECEIPTS Cash on hand and in banks o r tru st com panies Jan u ary 1, 1918, b efore tran sa ction s o f th e d a y ............................................... F rom d ep ositors, n ot in clu d in g dividen ds cre d ite d ....................... F rom in terest on loa n s, d ep osits and in vestm en ts.................... F rom m o r tg a g e s .......................................................................................... F rom redem ption o f stock s an d b o n d s .. ...................................... F rom stock s and bonds sold (to ta l par va lu e, $ 8 0 ,0 0 0 )........... F rom rea l esta te s o ld .............................................................................. F rom a ll oth er sou rces, v iz .: S a le o f bonds — p r o fit.................. $2 5 4,6 4 4 2 1 4 ,5 5 4 5 8 ,6 2 4 6 4 ,0 2 5 1 3 4 ,7 0 0 7 7 ,5 2 6 1 6 ,89 7 820 42 55 93 00 00 00 31 69 $ 8 21,792 90 PAYMENTS T o d ep ositors, in clu d in g dividen ds p a id t o th em ........................... F o r loa n s on bonds an d m ortga ges.................................................... $ 3 1 8,1 2 0 06 4 0 ,2 5 0 00 O range C oun ty F or stock s and bonds purchased, in clu d in g prem ium s, com m is sion s, etc. ( to ta l par valu e, $ 2 8 0 ,0 8 4 .4 0 ).................................... F or in terest (oth er than dividen d paym ents t o d ep ositors) . . F or cu rren t expenses o f th e hank, v iz .: For salaries........................................................................... $5,220 00 For taxes : Surplus........................................................... 598 77 For rent o f banking room s.............................................. 300 00 For expenses o f other real estate, v iz .: Insurance ...................................................................... 239 47 Taxes .............................................................................. 321 22 Other .............................................................................. 184 06 For other expenses, not Including expenses o f other real estate nor other expenses o«f banking house.. 623 31 247 $ 2 75,092 40 1 ,1 2 6 66 7 ,4 8 6 82 Cash on hand and in banks o r tru st com panies D ecem ber 31, 1918, a lte r tran sa ction s o f th e d a y ............................................... 179,716 96 $8 2 1,7 9 2 90 S T A T IS T IC A L IN F O R M A T IO N N um ber o f open accou nts Janu ary 1, 1919...................................... N um ber o f accou nts opened o r reopened du rin g th e y e a r ......... N um ber o f a ccou n ts closed dfuring th e y e a r.................................... A m ount dep osited du rin g th e yea r, n ot in elu d in g dividen ds cred ited fo r th a t p e rio d ....................................................................... A m ount w ith draw n du rin g th e y e a r.................................................... A m ount o f dividen ds cred ited and p a id fo r th e yea r, v iz .: July 1, 1918........ ................................................................. $22,757 42 January 1, 1919...................................... ............................. 22,077 16 A verage am ount o f each accou n t Jan u ary 1, 1919.................... N um ber o f accou n ts w hich exceeded $3,000, exclu sive o f d iv i dends cred ited , a t th e la st tr ia l balan ce o f d ep ositors’ ledgers, excep t dep osits a risin g from so cie ty accou nts, o r ju d ic ia l sales, o r tru st fu n ds, o r b y ord er o f a cou rt o f record o r o f a s u r r o g a te ................................................................................... T o ta l am ount o f such a ccou n ts............................................................ R ate per cen t, o f dividen ds t o dep ositors d u rin g th e s ix m onths en din g Jun e 30, 1918......................................................................... R ate per cen t, o f dividen ds to d ep ositors d u rin g th e six m onths en din g D ecem ber 31, 1918................................................................. T ota l earn ings o f th e bank fo r th e yea r 1918, a fter allow in g fo r am ortization o f prem ium s and d iscou n ts...................... T ota l expenses o f th e bank fo r th e year 1918........................... D ividends pa id to dep ositors fo r th e yea r 1918............................. N et earn ings fo r th e yea r 1918 over expenses and dividen ds paid to d ep ositors................................................................................... 3 ,4 2 8 265 352 2 1 4 ,5 5 4 55 3 1 8 ,1 2 0 06 4 4 ,8 3 4 58 358 36 1 $ 3 ,14 8 15 3 and 4 3 and 4 $ 5 5 ,8 1 0 35 7 ,4 8 6 82 4 4 ,8 3 4 58 3 ,4 8 8 95 O SW EG O CO U N TY 100. FU LTO N SA V IN G S B A N K , FU LTO N [75 South F irst street; incorporated 1871] WM. J. LOVEJOY, President. HARRY L. STOUT, Treasurer. GEO. G. CHAUNCEY, Vice-President. GEORGE E. TRUE, Secretary. WATSON A. BUTTS. Vice-President. GILES S. PIPER, W ILLIAM J. LOVE JOY, GEORGE P. WELLS, H. PUTNAM ALLEN, CAMERON C. BENEDICT. EDWIN F . PALMER, T R U ST E E S BERT W. BENNETT, HARRY L. STOUT, WATSON A. BUTTS, ELMER E. MORRILL, GEORGE E. TRUE, HERBERT J. WILSON, GEORGE G. CHAUNCEY, ALBERT I. MORTON, FRANK W. LASHER. JOHN R. SULLIVAN, W ILLIS P. MORIN. F IN A N C IA L RESOURCES $ 1 ,7 1 8 ,1 1 2 55 B onds and m ortgages .................. S tock and bond investm ents, v iz .: Estimated Original Stocks and bonds value cost market value $153,891 83 $156,500 00 United States........................... $158,600 00 26,062 50 State o f New York.................. 25,000 00 26,600 00 218,500 00 224,124 16 Cities in this State........... 214,980 OQ Counties in this State........... 10,000 00 10,323 00 10,000 00 17,057 60 Towns in this State............... 17,000 00 17,390 00 V illages in this State........... 186,300 00 190,272 73 188,270 00 School districts in this State 26,300 00 • 27,065 40 25,989 00 Railroad mortgage bonds— 271,00000 287,575 65 260,930 00 $910,600 00 $936,372 77 $900,559 00 -------------- '...............'......... ..... ... ...... P rom issory n otes ....................................................................................... B an kin g bouse and lo t, book valu e, $28,062.50; co st, $30,647.00; a ctu a l cash v a lu e ................................................................................... C ask on d ep osit in banks or tru st com pan ies.................................. C ask on hand ............................................................................................ T o ta l o f co lle ctib le in te re st..................................................................... A m oun t o f a ll oth er assets, v iz .: L an d co n tra cts........................... 9 0 0 ,5 5 9 00 4 ,3 0 0 00 2 8 ,0 6 2 301,351 3 1 ,9 2 2 4 7 ,5 2 0 850 50 63 28 27 00 $ 3 ,0 3 2 ,6 7 8 23 LIAB ILITIES A m ou n t due dep ositors, v iz .: Principal .............................................................................. $2,774,260 30 Dividends credited or to be credited fo r the six months ending w ith December 31, 1918...................... 52,770 59 ------------------ $ 2 ,8 2 7 ,0 3 0 89 O ther lia b ilitie s , v iz .: D eposits as secu rity fo r a b stra cts........... 60 00 S u rplu s on m arket valu e ..................................................................... 2 0 5 ,5 8 7 34 $ 3 ,0 3 2 ,6 7 8 23 S u rplu s on pa r valu e, $215,628.34. C A SH T R A N SA C T IO N S D U R IN G TH E Y E A R 1918 RECEIPTS Cash on hand and in banks o r tru st com panies Jan u ary 1, 1918, b efore tra n sa ction s o f th e d a y ..................................; ........... F rom dep ositors, n ot in clu d in g dividen ds cred ited '...................... F rom in terest on loa n s, d ep osits and in vestm en ts....................... F rom ren ts from bankin g h ou se........................................................ F rom m o r tg a g e s .................................................................................. F rom redem ption o f stock s and b on d s............................................... [248] $ 2 93,215 1 ,2 1 3 ,9 7 8 139,675 400 9 5 ,6 8 3 2 4 ,3 0 0 74 16 97 00 22 00 O sw ego C oun ty F rom stock s and bonds sold (to ta l p a r valu e, $ 4 1 8 ,1 3 8 .5 1 )'.. F rom loa n s p a id ......... ............................................................................. F rom a ll oth er sou rces, v iz .: Exchange; deposits securing abstracts loaned........... $3% 58 Small steel banks sold, cash corrections..................... 18 01 Land contracts.................................................................... 300 00 Liberty Bonds, T h rift Stamps........................................ 135 88 Insurance, taxes and expenses advanced, repaid....... 362 35 ------------------ 249 $ 418,738 51 4 ,7 1 0 00 1,201 62 $ 2 ,1 9 1 ,9 0 3 22 PAYMENTS T o d ep ositors in clu d in g dividen ds pa id t o th em ........................... $ 1 ,2 1 5 ,6 7 8 67 F or loan s on bonds and m ortga ges.................................................... 126,659 73 9 ,0 1 0 00 F or loa n s on stock s and bonds and oth er se cu ritie s................... F or stock s and bonds purchased, in clu d in g prem ium s, com m is sion s, ete. (to ta l par valu e, $ 4 9 0 ,1 9 1 .8 0 )................................. 4 8 7 ,5 7 9 63 F or in terest (o th e r than dividen d paym ents t o d e p o s ito r s ). . 1 ,7 3 2 33 F or cu rren t expenses o f th e bank, v iz .: For salaries.............. $9,227 81 For taxes: Banking house, 1716.37;surplus,$1,825.87 2,54224 For expenses, except taxes, o f banking h ouse: R ep a irs.................................................................. 465 96 For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. 4,200 68 -------------------------------------- 16,436 69 O ther paym ents, v iz .: Cash corrections................................................................. $78 55 382 00 Deposits securing abstracts loaned,returned............ Money advanced, Liberty Loan campaign........... .— 100 00 T h rift Stamps, W ar Savings Stamps........................ 971 71 -------------------------------------- 1 ,5 32 26 Cash on hand and in banks o r tru st com panies D ecem ber 31, \ 1918, a fter tran sa ction s o f the d a y ................................................. 3 3 3 ,2 7 3 91 $ 2 ,1 9 1 ,9 0 3 22 S T A T IS T IC A L IN FO R M A TIO N N um ber o f open a ccou n ts Ja n u a ry 1, 1919...................................... 7 ,8 2 8 3 ,4 0 9 N um ber o f accou nts opened or reopened du rin g th e y e a r . . . . 2 ,8 2 5 N um ber o f accou n ts clo se d du rin g th e y e a r.................................. A m oun t dep osited du rin g th e yea r, n ot in clu d in g dividen ds cred ited fo r th a t p e rio d ..................................................................... $ 1 ,2 1 3 ,9 7 8 16 A m ount w ith draw n du rin g th e y e a r................................................. 1 ,2 1 5 ,6 7 8 67 A m ount o f dividen ds cred ited and p a id fo r th e yea r, v iz .: July 1, 1918........................................................................... $51,250 53 January 1, 1919.................................................................... 52,309 81 Credited at other periods................................................. 791 45 104,351 79 A verage am ount o f each accou nt Jan u ary 1, 1919....................... 361 09 N um ber o f accou nts w hich exceeded $3,000, exclu sive o f d iv i dends cred ited , a t th e la st tr ia l balan ce o f dep ositors’ ledgers, excep t d ep osits a risin g from? society accou nts, or ju d icia l sales, o r tru st fu n ds, o r b y ord er o f a cou rt o f record or o f a su rrog a te..................................................................................... 1 T ota l am ount o f such a ccou n ts............................................................ $ 3 ,0 5 8 77 R ate per cen t, o f dividen ds to dep ositors du rin g th e six m onths ending June 30, 1918.......................................................................... 4 ' R ate per cen t, o f dividen ds to d ep ositors du rin g th e six m onths ending D ecem ber 31, 1918................................................................... 4 T ota l earnings o f th e bank fo r th e yea r 1918, a fter a llow in g fo r am ortization o f prem ium s and d iscou n ts.................... ............... $ 1 36,660 88 T ota l expenses o f th e bank fo r th e yea r 1918.................................. 1 7 ,63 6 69 D ividends paid to dep ositors fo r th e yea r 1918............................... 104,351 79 N et earn in gs fo r th e yea r 1918 over expenses and dividen ds pa id to d ep ositors .............................................................................. 14 ,67 2 40 250 R eport on S a v in g s B anks 107. OSWEGO CITY SAYINGS BANE, OSWEGO [214 West F irst street; Incorporated 1859] ELLIOTT B. MOTT, President CHARLES S. W RIGHT, Secretary. THOMAS F. GLEASON. Vice-President WM. P . BURR, Treasurer. JAMES B. FARW ELL, Vice-President NEIL GRAY, J b., BENJAMIN DENTON, JAMES B. FARW ELL, FRANK P. FARRELL. CHARLES H. BOND. T R U STE E S JAMBS K. STOCKWELL, M. PROUSE NEAL, THOMAS F. GLEASON. ELISHA B. POW ELL, ELLIOTT B. MOTT, ARTHUR C. HALL, JOHN D. HIGGINS, FRANK E. SAYER, THOMPSON KINGSPORD, DAVID D. LONG F IN A N C IA L RESOURCES B on ds and m ortgages S tock and bond investm ents, v iz .: Par Stack* and bond* value $480,877 06 State o f New York....... 7,000 00 10,000 00 State o f C a liforn ia .... 15,000 00 State o f Louisiana___ 10,000 00 State o f Oklahoma....... Cities in other States. 93,000 00 300,888 90 Cities In this S ta te... Towns in this S ta te... 89,566 62 358,050 00 School districts In this State 123,600 00 266,000 00 Railroad mortgage bonds— $1,813,982 58 $ 2 ,2 4 5 ,5 6 6 00 Estimated Original cost market value $480,877 06 $480,877 06 7,700 00 7,498 75 9,729 00 9,700 00 15,450 00 15,443 50 10,200 00 9,900 00 97,332 92 94,380 00 388,623 81 364,698 40 90,929 47 89,843 29 369,670 97 358,012 74 127,762 53 125,451 95 216,120 00 279,513 65 $1,877,481 66 $1,772,133 44 P rom issory n otes ........................... .-....................................................... B an kin g house and lo t, book va lu e, $35,000; co st, $70,593.96; a ctu a l cash v a lu e ................................................................................... Cash on d ep osit in banks or tru st com p a n ies............................... Cash on h a n d .............................................................................................. T ota l o f co lle ctib le in te re s t................................................................... A m oun t o f a ll oth er assets, v iz .: U . ®. T h rift sta m p s................ 1 ,7 7 2 ,1 3 3 44 834 00 3 5 ,0 0 0 2 4 9 ,3 5 2 7 1 ,4 4 9 6 5 ,8 6 3 202 00 13 55 12 25 $ 4 ,4 4 0 ,4 0 0 49 LIAB ILITIES A m oun t du e d ep ositors, v iz .: Principal .............................................................................. $3,992,527 67 Dividends credited o r to be credited fo r the six months ending w ith December 31, 1918....................... 75,045 a) ------------------ $ 4 ,0 6 7 ,5 7 3 47 O th er lia b ilitie s , v iz .: L ib erty B ond d ep o sits.................................. 7 0 ,8 2 5 50 S u rplu s on m arket v a lu e .......................................................................... 302,1X11 52 $ 4 ,4 4 0 ,4 0 0 49 S u rplu s on p a r va lu e, $343,850.66. C A SH T R A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS Cash on hand and in banks o r tru st com panies J an u ary 1, 1918, b efore tran sa ction s o f th e d a y ....... ..................................... $ 3 0 2,0 8 5 F rom d ep ositors, n o t in clu d in g dividen ds cre d ite d .................... 1 ,1 2 0 ,5 8 2 F rom in terest on loa n s, d ep osits and in vestm en ts.................. .. 2 0 2 ,6 4 9 F rom ren ts from bankin g h ou se.......................................................... 1 ,6 0 7 F rom m ortgages ................................................................................... .. 2 1 4 ,9 7 5 F rom redem ption o f stock s and b on d s............................................... 3 2 6 ,8 6 0 F rom stock s and bonds sold (to ta l p a r va lu e, $ 2 7 1 ,6 9 4 .8 4 ).. 2 6 5 ,5 9 4 98 38 • 42 89 00 37 84 O sw ego C oun ty P rom bankers’ acceptances and b ills o f exch a n ge......................... F rom rea l esta te s o l d .............................................................................. P rom a ll oth er sou rces, v iz .: $73 82 E xch ange............. ................................................................ Deposits, partial payments on Liberty Bonds........... 254,655 60 W ar Savings Certificates................................................. 971 66 ------------------ 251 $ 1 ,5 9 5 00 5 ,2 5 0 00 2 5 5 ,7 0 0 98 $ 2 ,6 9 6 ,9 0 1 86 PAYMENTS T o d ep ositors, in clu d in g dividen ds paid to th em ........................... $ 1 ,1 5 5 ,0 0 3 01 l o r loan s on bonds and m ortga ges.................................................... 8 9 ,0 8 0 00 F or loan s on stock s and bonds and oth er secu rities............................ 849 00 F or stock s and bonds purchased, in clu d in g prem ium s, com m is sion s, etc. (to ta l p a r valu e, $ 8 9 2 ,9 6 6 .9 0 ).................................... 8 9 2 ,9 6 6 90 F or cu rren t expenses o f th e bank, v iz .: For salaries ....................................................................... $10,302 32 For taxes: Banking 'house, $979.18; surplus, $2,570.08 ; on mortgages, $7.00......................................................... 3,556 26 For expenses, except taxes, o f banking h ouse: R ep a irs....................................................... 370 18 Insurance ...................................................................... 422 87 Other .............................................................................. 623 76 For expenses o f other real estate, v iz .: Insurance ...................................................................... 9 60 Taxes .............................................................................. 164 00 For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. 2,059 87 -------------------------------------- 1 7,498 86 O ther paym ents, v iz .: Paid on deposits against Liberty Bonds........................ $218,528 50 W ar Savings Stamps......................................................... 2,173 91 -----------------2 2 0 ,7 0 2 41 Gash on hand and in banks o r tru st com panies D ecem ber 31, 1918, a fte r tran sa ction s o f th e d a y ............................................... 320,801 68 $ 2 ,6 9 6 ,9 0 1 86 S T A T IS T IC A L IN FO R M A TIO N N um ber o f open a ccou n ts Jan u ary 1, 1919...................................... 8 ,1 8 7 N um ber o f accou nts opened o r reopened du rin g th e y e a r ____ 1 ,1 27 N um ber o f accou n ts closed du rin g th e y e a r.................................. 1 ,0 6 5 A m oun t dep osited d u rin g th e yea r, n ot in clu d in g dividen ds cred ited fo r th a t p e rio d ........................................................................ $ 1 ,1 2 0 ,5 8 2 38 A m oun t w ithdraw n du rin g th e y e a r................................................. 1 ,1 5 5 ,0 0 3 01 A m oun t o f dividen ds cred ited and paid fo r th e yea r, v iz .: July 1, 1918........................................................................... $75,363 79 January 1, 1919.................................................................... 75,045 80 Credited a t other periods................................................ 1,130 25 -----------------151,529 84 A verage am ount o f each accou n t Jan u ary 1, 1919......................... 487 65 R ate per cen t, o f dividen ds t o d ep ositors du rin g th e six m onths en din g Ju n e 30, 1918............................................................................ 4 R ate p er cen t, o f dividen ds to dep ositors du rin g th e six m onths en din g D ecem ber 31, 1918................................................................. 4 T ota l earn in gs o f th e bank fo r the yea r 1918, a fter a llow in g fo r $ 1 9 7,4 8 0 56 a m ortiza tion o f prem ium s and d iscou n ts...................................... T ota l expenses o f th e bank fo r th e yea r 1918............................... 17,498 86 151,5 2 9 84 D ividends paid t o dep ositors fo r th e yea r 1918............................. N et earn in gs fo r th e yea r 1918 over expenses and dividen ds pa id to d e p o s ito r s ........................ 2 8 ,4 5 1 86 252 R eport on S a v in g s B anks 108. OSWEGO COUNTY SAVINGS BANE, OSWEGO [44 East Bridge street; incorporated 1870] W. B. COUCH, President. CHAS A . TANNER, Vice-President. HUBERT J. PRESIDES, Vice-President. JAMES DUNLAP, Treasurer. TRUSTEES W. B. COUCH, PETER H ILBERT, NORMAN L. BAT&S. UDELLE BARTLETT, M. T. CRIMMINS, J. FRANK MARSDEN. THOMAS H. BENNETT, FRBD’K B. SHEPHERD, O. S. OSTERBOUT, HUBERT J. PEEBLES. CHARLES A. TANNER, FRED A. GAGE. A. RARORG HUNT, ALANSON S. PAGE. JAMES G. MERRIMAN, F IN A N C IA L RESOURCES B on ds and m ortga ges. $ 2 ,3 7 5 ,3 1 0 16 Stock and bond investments, viz.: Stocks and bonds United States ........................ Cities in other States........... Counties, villages and tow ns in adjoining States............. Cities in this State............... Counties in th is State............ Tow ns in this State............... Villages in this State............ School districts In this State Par value $497,150 00 164,000 00 Estimated Original cost market value $492,429 90 $497,150 00 172,255 66 166,740 00 203,979 86 14,579 75 68,419 98 122,100 00 95,500 00 449,000 00 208,966 36 15,847 84 69,274 36 126,623 16 98,595 52 522,829 50 202,704 86 15,679 75 69,028 98 122,492 00 95,925 00 422,260 00 $1,614,729 59 $1,706,722 29 $1,591,970 59 P rom issory n o t e s ....................................................................................... B an kin g h ouse and lo t , b od e va lu e, $50,083.49; co st, $59,0 8 3 .4 9 ; a ctu a l cash v a lu e ................................................................. O th er rea l esta te, b od e va lu e, $2,756.03; co st, $3,625.97; a ctu a l cash v a lu e ................................................................................................ C ash on d ep osit in banks o r tru st com pan ies................................ C ash on hand . . ..................................................................................... '. T o ta l o f co lle ctib le in te re st..................................................................... A m oun t o f a ll oth er assets, v iz .: Land contracts.................................................................... 8540 00 Insurance premiums and taxes advanced................... 137 39 1 ,5 9 1 ,9 7 0 59 1 0 ,24 7 00 5 0 ,0 8 3 49 2 ,7 5 8 2 3 7 ,3 3 1 3 9 ,1 2 5 5 9 ,2 1 5 03 91 23 54 677 39 $ 4 ,3 8 6 ,7 1 7 34 LIAB ILITIES A m oun t due dep ositors, v iz .: P rin cip a l.............................................................................. $3,896,743 91 Dividends credited o r to be credited fo r the six months ending with! December 31, 1918...................... 75,003 08 ------------------ $ 3 ,9 7 1 ,7 4 6 99 O ther lia b ilitie s , v iz .: L ib e rty B on d d e p o sits................................ 2 9 ,3 3 5 90 S u rp lu s on m arket v a lu e ...................................................................... 3 6 5 ,6 3 4 45 $ 4 ,3 6 6 ,7 1 7 34 S u rplu s on p a r valu e, $388,393.45. C A SH T R A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS C ash on hand and in banks o r tru st com panies Ja n u a ry 1, 1918, b efore tra n sa ction s o f th e d a y ............................................... F rom d ep ositors, n ot in clu d in g dividen ds cred ited ........................ F rom in terest on loa n s, d ep osits and in vestm en ts.......................... F rom ren ts from bankin g h ou se.......................................................... F rom ren ts from oth er rea l esta te .................................................... F rom m o r tg a g e s .......................................................................................... $ 3 4 8,2 4 2 8 6 4 ,6 3 4 2 0 2 ,1 3 9 1 ,0 2 4 85 102,6 1 9 28 08 44 35 00 70 O sw ego C oun ty 253 F rom redem ption o f stock s and b on d s................................................ $ 1 6 5,8 0 4 02 F rom stock s and bonds sold (to ta l p a r valu e, $ 1 7 1 ,4 0 0 )............... 168,462 50 F rom loan s p a id ....................................................................................... 6 2 ,14 1 50 F rom a ll oth er sou rces, v iz .: W ar Savings Stamps, Liberty Loan Bonds.................. $29, 935 90 Appraisal fees, taxes and insurance on mortgaged property ........................................................................... 1,191 93 Old m aterial sold................................................................ 129 42 Tellers’ cash difference account...................................... 59 06 -------------------------------------- 3 1 ,3 1 6 31 $ 1 ,9 4 6 ,5 2 9 18 PAYMENTS T o d ep ositors, in clu d in g dividen ds p a id t o th e m .. $957,061 87 F or loa n s on bonds and m ortgages!. * . . . . . ................ 4 3 ,5 5 5 00 F or loan s on stock s and bonds and oth er secu rities 5 0 ,9 3 5 00 F or stock s and bonds purchased, in clu d in g prem ium s, com m is 5 6 4 ,1 6 0 08 sion s, etc. (to ta l par va lu e, $ 5 6 8 ,8 8 0 .1 8 ).................................... 1 ,6 1 9 96 F or in terest (oth er than dividen d paym ents to d e p o s ito r s ).. F or cu rren t expenses o f th e bank, v iz .: P er salaries................................, ....................................... $9,098 00 For taxes : Banking house, $761.20; surplus, $2,550.38; on mortgages, $29.50........................................................ 3,341 08 For expenses, except taxes, o f banking h ouse: Repairs ................................................................................. 28612 Insurance ................................................................................. ©462 For expenses o f other real estate, v iz .: R ep a irs................................................................................. 12313 Other .............................................................................. 2 ,© 4 © 16,437 04 F or rea l estate acqu ired b y foreclosu re, o r in settlem ent o f debts du e th e b a n k ........................... " ................................................. 3 ,6 2 5 97 O ther paym ents, v iz .: Alterations to bank building, furniture, tellers’ cash a ccou n t.............................................................................. $30,906 88 Insurance and taxes on mortgaged property............... 1,270 24 U. S. W ar Saving Stamps................................................ 500 00 3 2 ,67 7 12 Cash on hand and in banks o r tru st com panies D ecem ber 31, 1918, a fte r tran sa ction s o f the d a y ................................................. 2 7 6 ,4 5 7 14 $ 1 ,9 4 6 ,5 2 9 18 S T A T IS T IC A L IN F O R M A T IO N N um ber o f open accou nts Ja n u a ry 1, 1919...................................... N um ber o f accou nts opened o r reopened d u rin g th e y e a r............ N um ber o f a ccou n ts closed du rin g th e y e a r.................................. A m oun t dep osited d u rin g th e yea r, n o t in clu d in g dividen ds credited' fo r th a t p erio d ..................................................................... A m oun t w ith draw n du rin g th e y e a r................................................. A m oun t o f dividen ds cred ited and p a id fo r th e yea r, v iz .: July 1, 1918........................................................................... $74,9© 42 75,063 08 January L 1919.................................................................... P aid but not credited........................................................ 1,099 21 A verage am ount o f each accou nt Ja n u a ry 1, 1919......................... R ate per cen t, o f dividen ds t o d ep ositors du rin g th e six m onths en din g Jun e 30, 1918........................................................................... R ate p er cen t, o f dividen ds t o d ep ositors du rin g th e six m onths en din g D ecem ber 31, 1918................................................................. T ota l earn ings o f th e bank fo r th e yea r 1918, a fter a llow in g fo r a m ortiza tion o f prem ium s and d iscou n ts.................................... T ota l expenses o f th e bank fo r th e yea r 1918.................. ............... D ividends p a id to dep ositors fo r th e yea r 1918............................. N et earn in gs fo r th e yea r 1918 over expenses and dividen ds p a id t o d ep ositors .............................................................................. 6 ,3 6 2 905 916 $ 8 6 4,6 3 4 08 9 5 6 ,4 9 0 73 151.040 71 624 29 4 4 $ 1 9 7,6 6 4 12 1 7 ,88 5 87 1 5 1 .0 4 0 71 2 8 ,7 3 7 54 PUTNAM COUNTY 108. PUTNAM COUNTY SAVINGS BANK, BRBWSTER [M ain street; incorporated 18711 ALEXANDER F. LOBDELL, President. 8. PIERRE FIELD, Vice-President. DAVID P . VAIL, Vice-President. GEORGE H. REYNOLDS, Treasurer. T R U ST E E S MYRON P. HOWES, EMERSON W. ADDIS. FREDERIC S. BABNUM, S. PIERRE FIELD, DAVID P. VAIL, H . FRANK PADDOCK, L. STARR BARNUM, OSCAR BAlM SY, ALE X. F. LOBDELL, GEO. H. REYNOLDS, W ILLIAM B. SMITH, DANIEL M. BARNES, FRED. A. PURDY, BENJAMIN O. NICHOLS, JOHN R. YALE. GEORGE E. JBNNING, FRANK S. REYNOLDS. F IN A N C IA L RESOURCES B on ds and m ortga ges...................................................... S tock and bond in vestm ents, v iz .: Estimated Par Original Stocks and hands value cost market value $104,960 00 $104,969 03 United S tates. ................... $194,950 00 6,860 00 C ities in other States............ 7,000 00 7,128 20 210,370 22 C ities in this State............... 198,987 17 198,307 63 14,056 68 13,949 88 Counties in this State............ 14,000 00 17,492 TO 17,960 43 Tow ns is this S t a te .....— 16,960 00 212,149 54 Villages in this State............ 208,603 19 215,565 64 69,277 19 67,071 30 School districts in this State 66,300 00 50,000 00. 41,850 00 49,550 00 R ailroad m ortgage bonds.. $666,790 36 $688,848 36 $762,825 00 $662,631 05 6 6 2 ,6 3 1 05 1 1 ,0 0 0 00 P rom issory n otes ................................................................... .......... . . . B an k in g h ouse an d lo t, b ook va lu e, $20,000; co st, $20,230.22; a ctu a l cash v a lu e ................................................................................... O th er rea l esta te, book va lu e, $7,201.3®; co st, $7,201,36; a ctu a l cash va lu e ............... .......................... ................................................... C ash o n d ep osit in banks o r tru st com pan ies.................................. C ash on hand ................ ........................................................................... T o ta l o f co lle ctib le in te re s t..................................................................... A m ou n t o f a ll oth er assets, v iz .: R en t a ccru e d ............................. 20,000 00 7 ,2 0 1 1 0 1 ,7 8 0 7 ,2 2 4 2 1 ,8 7 5 347 36 78 58 08 50 $ 1 ,5 9 4 ,8 8 5 35 LIAB ILITIES A m ou n t du e d ep ositors, v iz . : Principal ................ ....................................................... . $ M *8 ,»i0 0 Dividends credited o r to be credited fo r ti»e six months ending w ith December 31, 1918..................... 27,849 87 --------------- $1,506,065 96 S u rplu s on m arket v a lu e .................. ................................................... 8 8 ,8 1 9 39 $1,594*888. 35 S u rplu s on p a r valu e, $02,978.70. C A SH TR A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS Gash on hand and in banks o r tru st com panies J a n u a ry 1, 1918, b efore tran sa ction s o f th e d a y ............................................... F rom d ep ositors, n o t in clu d in g dividen ds cre d ite d ....................... F rom in terest on loa n s, d ep osits a n d in vestm en ts..................... [254] $ 9 0 ,7 9 8 73 2 9 9 ,7 2 7 78 7 9 ,4 4 4 82 P F rom F rom F rom F rom F rom utnam 255 C oun ty ren ts from ban kin g h o u s e ......................................................... ren ts from oth er rea l e sta te ...................................................... m o r tg a g e s .......................................................................................... redem ption o f stock s and b on d s............................................... rea l esta te s o ld .............................................................................. $476 439 5 5 ,1 2 5 1 6 ,61 5 4 ,0 6 5 00 82 00 00 00 $ 5 28,692 15 PAYMENTS T o d ep ositors, in clu d in g dividen ds p a id to th em ........................... F or loan s on bon d s and m ortga ges.................................................... F or loan s on stock s a n d bonds and oth er se cu ritie s........... F or stock s and bonds pu rch ased, in clu d in g prem ium s, com m is sion s, etc. (to ta l p a r va lu e, $ 1 0 9 ,3 0 0 )........................................... F or in terest (o th e r th an divid en d paym ents to d e p o s ito r s ). . For salaries...................................................................... F or ta x es: Banking house, 1325.00; surplus, $744.6 For expenses, except taxes, o f banking house: Other F or expenses o f other real estate, v iz .: Repairs ...................................................... Insurance .................................................. Taxes ......................................................... Other ........................................................ $285,552 47 6 ,0 0 0 00 1 1 ,0 0 0 00 109,7 2 5 90 195 67 $4,200 00 1,069 68 109 45 282 23 70 81 133 08 46135 886 15 7 ,2 1 2 75 Cash on hand and in banks o r tru st com panies D ecem ber 31, 1918, a fter tran sa ction s o f th e d a y ............................................... 109,005 36 $528,692 15 S T A T IS T IC A L IN FO R M A TIO N N um ber o f open accou nts J a n u a ry 1, 1919...................................... N um ber o f a ccou n ts opened o r reopened d u rin g th e y e a r . . . . Num ber o f accou n ts closed d u rin g th e y e a r ............................. A m oun t dep osited d u rin g th e yea r, n ot in clu d in g dividen ds cred ited fo r th a t p e r io d .................................................................... A m oun t w ith draw n d u rin g th e y e a r............................................... A m oun t o f dividen ds cred ited and p a id fo r th e yea r, v is .: July 1, 1918........................................................................... $27,442 30 January 1, 1919.................................................................... 27,849 87 A verage am ount o f each accou n t Ja n u a ry 1, 1919......................... R ate per cen t, o f dividen ds to d ep ositors du rin g th e six m onths en din g Jun e 30, 1918............................................................................ R ate per cen t, o f dividen ds t o d ep ositors du rin g th e six m onths en din g D ecem ber 31, 1918................................................................. T ota l earn ings o f th e bank fo r th e yea r 1918, a fter a llow in g fo r am ortization o f prem ium s and d iscou n ts.................................. T ota l expenses o f th e bank fo r th e yea r 1918.................................. D ividends p a id t o dep ositors fo r th e yea r 1918............................. N et earn in gs fo r th e yea r 1918 over expenses and dividen ds paid to d e p o sito rs................................................................................... 3 ,2 0 8 583 409 $290,727 78 2 8 6 ,5 5 2 47 5 5 .2 9 2 17 460 79 4 4 $ 7 2 ,6 2 0 85 7 ,2 1 2 75 5 5 .2 9 2 17 1 0 ,11 5 93 QUEENS COUNTY 110. COLLEGE POINT SAYINGS BANK, COLLEGE POINT [313 Thirteenth street; incorporated 1872] WM. W . WHEELING, President. GEORGE W . GILLETTE, Secretary. ALFRED H. SCHLESINGER, Vice-Pres E. A . PLITT, A sst. Secretary. EDWIN P . ROB. Vice-President FERDINAND MARTENS, WM. W . W BITLING, A. H . SCHLESINGER, GEORGE W. GILLETTE, TRUSTEES FRANK HUNOLD. EDWIN P. ROE, W ILLIAM F. BUHL, H. C. POPPBNHUSEN, HENRY BOHNE, GEORGE DUER, W ILLIAM SCHMIDT, G. A . S. W IENERS. F IN A N C IA L RESOURCES $ 1 ,0 1 2 ,2 5 5 00 B on ds and m o r tg a g e s ....................................................................... .. S tock and bond in vestm ents, v iz .: Par Original Estim ated Stocks and bonds value cost market value United States .................. $105,000 00 $106,000 00 $106,00000 State o f C alifornia.................. 10,000 00 9,400 00 9,40000 Cities in other States............ 129,350 00 135,211 08 126,1®60 Cities in this S tate................. 172,000 00 176,550 62 165,14000 41,000 00 42,315 69 42,71000 Counties in this State........ V illages in this Slate............ 36,331 24 37,150 27 36,26824 School districts in this State 56,900 00 60,044 26 57,99800 Railroad mortgage b on d s.... 391,000 00 403,611 05 331,05000 $941,581 24 $9®,282 97 $873,735 74 8 7 3 ,7 3 5 74 B anking h ouse and lo t, book va lu e, $27,288.97 j cost, $27,288.97; a ctu a l cash v a lu e ................................................................................... O ther rea l esta te, book va lu e, $43,986.97; co st, $43,986.97; a ctu a l cash v a lu e ................................................................................... Cash on d ep osit in banks o r tru st com pan ies.................................. C a d i on h a n d ....................... ....................................................................... T o ta l o f co lle ctib le in te re st................................................................... A m ou n t o f a ll oth er assets, v iz .: L ib erty B ond su bscrip tion s and accru ed in terest on s a m e ........................................................... 2 7 ,2 8 8 97 4 3 ,9 8 6 154,6 4 5 13 ,19 3 3 1 ,1 0 0 97 75 30 01 4 7 ,6 8 3 06 $ 2 ,2 0 3 ,8 8 8 80 LIAB ILITIES .Am ount du e d ep ositors, v iz .: Principal ................................ ............................................. $2,933,718 85 Dividends credited o r to be credited fo r the six months ending w ith December 31, 1918..................... 37,1® 08 ------------------ $ 2 ,0 7 0 ,8 9 8 93 S u rp lu s on m arket v a lu e .......................................................................... 1 3 2 ,9 8 9 87 $ 2 ,2 0 3 ,8 8 8 80 S u rplu s on p a r va lu e, $200,835.37. C A SH TR A N SA C T IO N S D U R IN G T H E Y E A R 1918 RECEIPTS Cash on ban d and in banks o r tru st com panies J an u ary 1, 1918, b efo re tran sa ction s o f th e d a y ............................................. From , dep ositors, n o t in clu d in g dividen ds cre d ite d ...................... F rom in terest on loa n s, dep osits and in vestm en ts.................... F rom ren ts from oth er rea l e sta te ...................................................... F rom m o r tg a g e s .......................................................................................... F rom redem ption o f stock s an d b on d s............................................... F rom re a l, esta te s o ld ........................... ............................ - ................... 1266] $ 1 0 1,2 5 5 6 0 1 ,1 5 9 9 4 ,0 5 3 3 ,9 1 7 4 9 ,6 2 0 1 6 ,2 0 0 5 ,0 0 0 36 54 50 50 00 00 00 Q ueens 257 C ounty From all other sources, viz.: Telephone, advertising and sale o f clock ..................... $11 68 Mortgage satisfaction .............................................. L iberty L oan A ssociation, book subscribers.................. Excess, L iberty Loan and W ar Savings Stamp interest .................................................................................. T axes ......................................................................................... Liberty Bonds fo r subscribers.......................................... F urniture charge and fire insurance premiums re turned .................................................................................. T eller’s Cash o v e r . . . ............................................................ Releases .................................................................................... 17 60 23,817 69 398 76 70 00 152,325 00 18 18 6 00 10 00 — ----------- - $176, 674 61 $1,047,880 51 PAYMENTS To depositors including dividends paid to them........................... For loans on bonds and mortgages. k .............................................. For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $80,000)....................................... For interest (other than dividend payments to depositors).. For current expenses of the bank, viz.: For salaries ....................................................................... For taxes: Banking house, $509,10; surplus, $1,173.82 ; on mortgages, $84.00......................................................... For expenses of other real estate, v iz .: Repairs ........................................................................... Insurance .................................................................... Taxes .............................................................................. Other .............................................................................. For other expenses, not including expenses of other real estate nor other expenses o f banking house.. $458,282 24 104,475 00 80,000 00 6 17 $7,397 20 1,766 92 1,723 26 156 06 1,156 96 469 13 1,390 84 ---------------- - 14,060 36 Other payments, viz.: Telephone, advertising, excess interest........................ Mortgage satisfaction ...................................................... Taxes ................................................................................... Liberty Loan Association (book subscribers)............. Liberty Bonds bought for subscribers........................... Tellers cash short and releases................................. Fixtures .............................................................................. $6 85 17 50 70 00 23,817 69 199,200 00 35 00 70 75 ----------— Cash on hand and in banks or trust companies December 31, 1918, after transactions of the day.............................................. 223,217 69 167,839 05 $1,047,880 51 STATISTICAL INFORMATION Number of open accounts January 1, 1919................................. 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, 1918............................................................................... January 1, 1919........................................................................ $601,159 54 458,282 24 $35,264 32 37,180 08 --------------------Average amount of each account January 1, 1919....................... Rate per cent, of dividends to depositors during the six months ending June 30, 1918.................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1918............................................................ Total earnings of the bank for the year 1918, after allowing for amortization of premiums and discounts................................. Total expenses of the bank for the year 1918........................... Dividends paid to depositors for the year 1918........................... Net earnings for the year 1918 over expenses and dividends paid to depositors........................................................................ 9 4,004 685 372 72,444 40 505 84 4 4 $98,933 08 16^973 24 — ■ 72 444 40 ’ 9 § jj 44 258 R eport oh S a v in g s B anks 111. JAMAICA SAVINGS BANK, JAMAICA [360 Pulton street; Incorporated 1850] W. GILLEN, President. M a RAPELYE. Vice-Pres and Sec. STEPHEN RYDER, Vic^President. J. TYLER WATTS, Treasurer. G. WARREN SMITH. Asst. Secretary. TRUSTEES W ILLIAM W. GILLEN, STEPHEN RYDER, J. TYLER WATTS. MARTIN S. RAPELYE, LEANBER B. FABER, GEORGE K. MBYNEN, W ILLETT C. DURAND, W ILLIAM L. WOOD, ROBERT W. HIGBIE, EDGAR DUBS SHIMER, CHARLES E. TWOMBLY, A. JAMES VAN SICLEN, STARR BRINCKERHOFF, CLIFFORD M. TAPPBN. CHARLES R. DOUGHTY. FINANCIAL RESOURCES Bonds and mortgages ....................................... Stock and bond Investments, viz.: Par Stocks and Honda value United States ........................ $675,395 00 D istrict o f Columbia............. 10,000 00 Cities In other States........... 781,000 00 Cities In this State............... 1,106,264 10 Counties in tbls State........... 75,000 00 Towns in this State............... 20,000 00 V illages in this State........... 71,000 00 School districts in this State 40,500 00 190,000 00 R ailroad mortgage bonds. $2,969,169 10 $3,621,375 00 O riginal Estimated market value cost $675,380 37 $675,380 37 10,369 38 10,100 00 832,608 95 781,690 00 1,166,607 92 1,061,906 91 78,001 00 76,200 00 20,000 00 19,700 00 75,2% 00 68,960 00 41,552 80 39,845 00 158,150 00 181,106 25 $3,080,911 67 $2,911,932 28 2,911,932 28 Banking house and lot, book value, $60,000; cost, $71,899.81; actual cash value............................................................................. Other real estate, book value, $145^791.99; cost, $161,178.08; actual cash value............................................................................. Cash on deposit in banks or trust companies............................... Cash on hand ....................................................................................... Total of collectible interest................................................................ Amount of all other assets, viz.: U. S. T h rift Stamps........................................................... Rent accrued Insurance premiums and taxes advanced. 65,000 00 157,150 567,181 61,610 76,927 00 57 34 61 |34 00 1,993 50 2,293 00 $7,453,469 80 LIABILITIES Amount dne depositors, viz.: Principal ................................................................- ...........$6,813,443 95 Dividends credited or to be credited fo r the six months ending w ith December 31, 1918....................... 122,847 74 Surplus on market value.................................................................. $6,936,291 69 517,178 11 $7,453,469 80 Surplus on par value, $574,404.93. CASH TRANSACTIONS DURING THE YEAR 1918 RECEIPTS Cash on hand and in banks or trust companies January 1, 1918, 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 redemption of stocks and bonds............................................ $519,282 2,029,477 316,207 4,860 14,944 89,800 104,000 23 11 61 00 78 00 00 Q ueens 259 C oun ty From stocks and bonds sold (total par value, $279,880}........... From real estate sold.......................................................................... From all other sources, viz.: Insurance paid for m ortgagors..................................... Sale of old typew riter........................................................ Satisfaction o f deficiency judgm ent.............................. Return premium on indemnity bond........................... Refund on expense, inspection o f property............. T h rift S tam ps.................................................................... Interest, W ar Savings Stamps..................................... $279,788 38 7,080 00 f i l l 60 10 00 313 44 2 75 4m 75 141 00 4 62 ----------------- 1,06-7 16 $3,366,457 27 PAYMENTS To depositors, including dividends paid to them......................... $1,777,490 90 For loans on bonds and mortgages................................................ 114,750 00 For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $804,475)....................................... 804,818 75 For interest (other than dividend payments to depositors). . . 90 40 For current expenses of the bank, viz.: For sa la ries......................................................................... For ta xes: Banking house, $1,518.30; surplus, $4,615.29 For expenses, except taxes, o f banking house: Repairs ........................................................................... Insurance ...................................................................... Other .............................................................................. For expenses o f other real estate, v iz .: Repairs ........................................................................... Insurance .................................................................... Taxes .............................................................................. Other .............................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking h ou se.... $14,174 65 6,133 59 736 46 248 58 4,297 74 6,349 02 296 39 3,270 76 5,461 67 2,830 11 43,798 97 For real estate acquired by foreclosure, or in settlement of debts due the bank ...................................................................... Other payments, viz.: Insurance and taxes......................................................... T h rift S tam ps.................................................................... 5,04ft 34 $1,995 00 175 00 2,170 00 Cash on hand and in banks or trust companies December 31, 1918, after transactions of the day............................................ 618,791 91 $3,366,457 27 STATISTICAL INFORMATION 13,976 Number of open accounts January 1, 1919................................. Number of accounts opened or reopened during the year___ 3,305 Number of accounts closed during the year............................... 2,191 Amount deposited during the year, not including dividends credited for that period................................................................ $2,029,477 11 Amount withdrawn during the year.............................................. 1,777,490 90 Amount of dividends credited and paid for the year, viz.: July 1, 1918........................................................................... January 1, 1919.................................................................... $118,916 92 122,847 74 ----------------Average amount of each account January 1, 1919................... Rate per cent, of dividends to depositors during the six months ending June 30, 1918...................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1918............................................................ Total earnings of the bank for the year 1918, after allowing for amortization of premiums and discounts........................... Total expenses of the bank for the year 1918........................... Dividends paid to depositors for the year 1918........................... Net earnings for the year 1918 over expenses and dividends paid to depositors ........................................................................ 241,764 66 496 30 4 4 $339,408 24 43,315 22 241,764 66 54,328 36 260 R eport of S a v in g s B anks 112. LONG ISLAND CITY SAYINGS BANK, LONG ISLAND CITY [Bridge P laza; incorporated 1875] W. J. BURNETT, President. BENJAMIN MOORE, Vice-President. .D AVID G. MORRISON, Vice-President. JARVIS S. HIOKS, Treasurer. ARTHUR WOODBURY, Asst. Secy. € . L. PAETZOLD, Asst. Treasurer. TRUSTEES W ILLIAM J. BURNETT, D. S. JONES, A. T. PAYNE, J. HARVEY SMBDLEY, H. F. JONES, D. G. MORRISON, W. H. SIEBRECHT, JOHN HARVEY, G. L. STUBBNER. BENJAMIN MOORE, H. K . LINES, JARVIS S. HICKS, C. CURTIS WOODRUFF. FINANCIAL RESOURCES Bonds and m ortgages.......................................... Stock and bond investments, viz.: Par Stocks and bonds value United States ..........................$1,030,000 00 State o f New York.................. 45,000 00 State o f Louisiana.................. 40,000 00 25,000 00 State o f M assachusetts........ State o f Oklahoma.................. 25,000 00 Cities in other States............ 721,500 00 Counties, villages and tow ns in adjoining States............... 59,000 00 Cities in this State................ 1,208,987 50 Counties in this State........... 436,000 00 Towns in this State............... 113,500 00 Villages in this State............ 636,229 32 School districts in this State 221,700 00 Railroad mortgage bonds— 525,000 00 $5,086,916 82 Original $6,327,157 18 $1,030,000 00 45,761 13 42,479 12 21,430 50 25,387 50 751,298 89 Estimated market value $1,030,000 00 45,450 00 41,320 00 22,130 00 24,750 00 731,523 00 60,032 50 1,232,762 89 453,695 83 115,123 60 650,919 07 227,065 24 539,670 46 61,950 00 1,200,199 50 442,912 00 116,605 00 644,205 17 225,322 50 450,200 00 $5,195,626 73 $5,036,567 17 cost Other real estate, book value, $33,226.61; cost, $33,226.61; actual cash v a lu e............................................................................. Gash on deposit in banks or trust companies............................. . Cash on b a n d ....................................................................................... Total of collectible interest ............................................................ Amount of all other assets, viz.: U. S. certificate o f indebtedness..................................... Insurance premium advanced.......................................... 5,636,567 17 33,226 718,466 6,966 113,142 61 92 72 02 $100,000 00 9 60 100,009 60 $12,335,536 22 LIAB ILITIES Amount due depositors, viz.: Principal ............................................................................ $10,879,530 01 Dividends credited o r to be credited fo r the six months ending w ith December 31, 1918..................... 193,0# 62 ----------------- $11,072,579 Other liabilities, viz.: Liberty Bond deposits........................... 142,792 Surplus on market value.................................................................. 1,120,164 $12,335,536 63 51 08 22 Surplus on par value, $1,170,513.73. CASH TRANSACTIONS DURING THE YEAR 1918 RECEIPTS Cash on hand and in banks or trust companies January 1, 1918, 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 m ortgages.................................................................................. From redemption of stocks and bonds............................................ From stocks and bonds sold (total par value, $612,950)........... From bankers’ acceptances and bills of exchange....................... $950,557 3,904,386 566,879 3,446 276,059 193,277 612,950 359,688 25 31 52 00 00 50 00 06 Q ueens C 261 ounty $41,150 00 From real estate sold........... From all other sources, viz.: Liberty Loan subscribers___ 1467,016 82 860,000 00 34 64 500 00 U. S . certificates.................... Insurance rebate ................... Beal estate con tra ct............... 1,207,580 36 $8,115,974 00 PAYMENTS To depositors, including dividends paid to them......................... $3,182,674 48 For loans on bonds and mortgages................................................ 628,640 60 For bankers’ acceptances and bills of exchange........................... 359,688 06 For stocks and' bonds purchased, including premiums, commis sion, etc. (total par value, $1,900,000)..................................... 1,909,490 77 For interest (other than dividend payments to depositors). . . 6,054 62 For current expenses of the bank, viz.: For salaries ........................................................................ For taxes: Surplus, 39,938.38; on mortgages, 31,943.60. For rent o f banking rooms.............................................. For expenses of other real estate, v iz .: Repairs ........................................................................... Insurance ...................................................................... Taxes .............................................................................. Other .............................................................................. For other expenses, not including expenses of other real estate nor other expenses of banking house.. 332,360 79 11,881 88 6, #9 96 1,439 61 303 33 1,184 08 1,659 66 6,717 69 ------------------------------------ 61,646 80 For real estate acquired by foreclosure, or in settlement of debts duethe bank........................................................................... 18,173 21 Other payments, viz.: Liberty Loan subscriptions.............................................. U. S. certificates................................................................ Real estate contract......................................................... Insurance premium ........................................................... 3914,612 2& 860,000 00 250 00 9 60 ----------------Cash on hand and in banks or trust companies December 31, 1918, aftertransactions of the day............................................ 1,224,771 82 725,433 64 $8,115,974 00 STATISTICAL INFORMATION Number of open accounts January 1, 1919................................... 24,813 Number of accounts opened or reopened during the year........ 4,841 Number of accounts closed during the year............................... 5,146 Amount deposited during the year, not including dividends credited for that period.................................................................. $3,904,386 31 Amount withdrawn during the year................................................ 3,182,674 48 Amount of dividends credited and paid for the year, viz.: July 1, 1918........................................................................... January 1, 1919.................................................................... 3186,642 28 193,049 62 Average amount of each account January 1, 1919....................... Number of accounts which exceeded $3,000, exclusive of divi dends credited, at the last trial balance of depositors’ ledgers, except deposits arising from society accounts, or judicial sales, or trust funds, or by order of a court of record or of a surrogate................................................................ Total amount of such accounts........................................................ Rate per cent, of dividends to depositors during the six months ending June 30, 1918...................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1918.............................................................. Total earnings of the bank for the year 1918, after allowing for amortization of premiums and discounts........................... Total expenses of the bank for the year 1918............................... Dividends paid to depositors for the year 191$........................... Net earnings for the year 1918 over expenses and dividends paid to depositors............................................................................ 379,091 90 446 24 4 $12,150 69 4 4 $574,339 16 61,046 80 379,623 41 133,668 95 262 R eport of S a v in g s B anks 113. THE QUEENS COUNTY SAYINGS BANK, FLUSHING [80 Main street; incorporated 1859] W ILLIAM T. JAMES, President. ABRAM C. HAGEMAN, Cashier.FRANK A. COLLINS, Vice-President. HENRY L. BOGERT, Treasurer. JOHN HEPBURN, Vice-President. TRUSTEES HENRY L . BOGERT LEW IS B. FRANKLIN, E. COVERT HULST, ABRAM C. HAGEMAN, EDGAR BOWNB, JOHN HEPBURN, W ILLIAM T. JAMES, FRANK A. COLLINS. GEORGE B. LEW IS, HARRISON S. MOORE, JAMES H. QUINLAN, DURWARD B. KENNEDY, JAMES A . MACDONALD, DAVID MASTER, GEORGE O. HILDRETH, GILBERT W . ROBERTS. FINANCIAL RESOURCES $2,850,425 00 Bonds and m ortgages................... . Stock and bond investments, viz.: Stocks and bonds United States ........................ Cities in other States............ Cities in this State............... Towns in this State............... Villages in this State............ School districts in this State Railroad mortgage bonds— Land Bank of the State of New Y ork ............................... value $176,000 00 85,000 00 293,000 00 82,500 00 192,000 00 438,750 00 500,000 00 O riginal Estimated cost market value 8176,000 00 $176,00000 91,039 25 84,30000 315,832 09 278,10500 86,56138 82,292 50 205,157 68 196,62925 459,450 38 450,50750 536,492 75 447,93000 80,000 00 80,649 92 81,848,150 00 $1,951,183 45 80,00000 81,795,764 26 1,795,764 25 Banking house and lot, book value, $56,000; cost, 63,765.88; actual cash value ........................................................................... Other real estate, book value, $75 ,2 0 0 ; cost, $78,789.53; 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 real estate contract..................... Liberty Bonds held fo r custom ers and interest accrued ................ .......................................................... U. S. certificates o f indebtedness and interest a ccru ed .............................................................................. 56,000 00 75,200 368,220 1,395 39,819 00 79 37 93 8313 50 16,724 00 100,^4 25 116,271 75 $5,303,097 09 LIAB ILITIES Amount due depositors, viz.: Principal .............................................................................. 84,819,117 82 Dividends credited o r to be credited fo r the six 86,939 69 months ending with December 31, 1918..................... ----------------- $4,906,057 51 Surplus on market value.................................................................. 397,039 58 $5,303,097 09 Surplus on par value, $449,425.33. CASH TRANSACTIONS DURING THE YEAR 1918 RECEIPTS Cash on hand and in banks or trust companies January 1, 1918, before transactions of the day........................................... From depositors, not including- dividends credited................... From interest on loans, deposits and investments....................... $265,327 51 1,473,203 62 248,103 98 Q From From From From From From ueens 263 C ounty rents from other real estate....................................... mortgages ............................... - ................................... redemption of stocks and bonds............................. stocks and bonds sold (total par value, $491.43) real estate sold............................................................ all other sources, viz.: Real estate sold under contract. Interest on real estate sold......... T h rift Stamps ................................. Liberty Bonds ................................. U. S. certificates................................ $891 113,250 34,800 491 10,552 37 00 00 43 50 $2,000 00 3,826 42 1,716 98 179,630 00 136,000 00 322,172 40 $2,468,792 81 PAYMENTS To depositors, including dividends paid to them....................... $1,312,825 83 For loans on bonds and mortgages................................................ 209,500 00 For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $170,474.79)................................. 176,474 79 For interest (other than dividend payments to depositors). . . 395 28 For current expenses of the bank, viz.: F or salaries ........................................................................ For ta x es: Banking house, $1,097.52; surplus, $3,464.96 For expenses, except taxes, o f banking house: Repairs ........................................................................... Insurance ...................................................................... For expenses o f other real estate, v iz .: Repairs ........................................................................... T a x e s .....................•........................................................ Other .............................................................................. For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. $12,068 26 4,662 48 11016 44 70 798 48 477 16 643 79 2,670 84 21,270 85 Other payments, viz.: T h rift Stamps...................................................................... Liberty B o n d s.................................................................... U. S. certificates................................................................. $1,708 90 142,000 00 235,000 00 378,708 90 Cash on hand and in banks or trust companies December 31, 1918, after transactions of the day............................................ 309,616 10 $2,468,792 81 STATISTICAL INFORMATION Number of open accounts January 1, 1919................................... 10,509 Number of accounts opened or reopened during the year........ 1,566 Number of accounts closed during the year............................... 1,872 Amount deposited during the year, not including dividends credited for that period................................................................ $1,473,203 02 Amount withdrawn during the year.............................................. 1,312,825 83 Amount of dividends credited and paid for the year, viz.: July 1, 1918........................................................................... January 1, 1919................................................................... $84,530 34 86,939 69 Average amount of each account January 1, 1919................... Rate per cent, of dividends to depositors during the six months ending June 30, 1918...................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1918.............................................................. Total earnings of the bank for the year 1918, after allowing for amortization of premiums and discounts........................... Total expenses of the bank for the year 1918............................. Dividends paid to depositors for the year 1918........................... Net earnings for the year 1918 over expenses and dividends paid to depositors............................................................................ 171.470 03 466 84 4 4 $247,913 27 21,270 85 171.470 03 55,172 39 RENSSELAER COUNTY 114. TROY SAYINGS BANK, TROY [32-38 Second street; Incorporated 1823] W ILLIAM H . SHIELDS, P resident THOMAS VAIL, V ice-President JAMES H. CALDWELL, Vice-President. J. E. ANTHONY, Treasurer. TRUSTEES EDWARD C. GALE, JAMES K. P. PINE, THOMAS VAIL, JAMES H. CALDWELL, HARVEY S. McLBODT^ W ILLIAM H. SHIELDS, PRANK B . NORTON, HENRY S. LUDLOW, W. L THOMPSON, C. W. T. BARiKTSli, ALBERT E. CLUETT, HERBERT S. IDE. DELMER RUNKLE, JOHN PAINE, PRANK B. TW INING, HENRY WHEELER, PAUL COOK, HOBART W . THOMPSON, W ILLIAM B. PREAR. FINANCIAL RESOURCES Bonds and mortgages ................. Stock and bond investments, viz: Stocks and bonds United States ........................ State o f New York.................. State o f Tennessee.................. Cities in other States........... Cities in this State................ Counties in this State............ V illages in this State........... School districts in th is State R ailroad mortgage b on d s.... $3,182,565 50 Par value $977,450 00 204,000 00 M0,000 00 2,002,000 00 2,128,712 20 317,500 00 66,000 00 38,000 00 2,779,000 00 $8,809,662 20 Original Estimated cost market value $977,45© 00 $977,450 00 ' 214,970 00 215,400 00 308,783 88 307,900 00 2,082,813 20 1,946,330 00 2,237,752 47 2,102,203 96 323,942 79 305,220 00 66,345 00 64,680 00 38,000 00 36,480 00 2,883,645 82 2,372, M0 00 $9,133,703 16 $8,328,263 96 8,328,263 96 Banking bouse and lot, book value, $120,000; cost, $481,675; actual eash value ........................................................................... Cash on deposit in banks or trust companies............................... Cash on hand ....................................................................................... Total of collectible interest................................................................ Amount of all other assets, viz.: Rent accrued ...................................................................... Taxes advanced ................................................................. 8§g 120,000 574,730 72,664 159,490 87 $698 75 271 92 970 67 $12,438,685 80 LIABILITIES Amount due depositors, viz.: Principal........................... ..............$11,367,856 44 Other liabilities, dividends accrued on deposits to January 1, 1919 ................................................................................................... 110,268 21 Surplus on market value.................................................................... 960,561 15 $12,438,685 80 Surplus on par value, $1,441,959.39. CASH TRANSACTIONS DURING THE YEAR 1918 RECEIPTS Cash on hand and in banks or trust companies January 1, 1918, before transactions of the day......................................... [264] $393,901 91 B From From From From From From From ensselaer C 265 oun ty depositors, not including dividends credited................... $2,120,401 71 interest on loans, deposits and investments....................... 525,912 77 rents from banking house...................................................... 2,478 35 mortgages ......................................................... 65,720 00 redemption of stocks and bonds........................................... 718,160 55 stocks and bonds sold (total par value, $512,800).......... 497,111 25 5,012 00 real estate sold ........................................................................ $4,328,698 54 PAYMENTS To depositors, including dividends paid to them......................... $2,186,934 74 For loans on bonds and mortgages................................................ 84,850 00 For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $1,350,000)................................... 1,349,785 79 For interest (other than dividend payments to depositors). . . 2,423 26 For current expenses of the bank, viz.: For salaries ........................................................................ For taxes: Banking house, $9,465.89 ; surplus, $9,620.70; on mortgages, $196.50........................................................ For expenses, except taxes, o f banking house: Repairs ........................................................................... Insurance ..................... Other .............................................................................. For other expenses, not including expenses of other real estate nor other expenses o f banking house.. $18,006 6? 19,283 09 2,769 35 750 08 2,176 86 8,547 04 ----------------For real estate acquired by foreclosure, or in settlement of debts due the bank........................................................................ Other payments, viz.: Taxes on mortgaged premises............... Cash on hand and in banks or trust companies December 31, 1918, after transactions of the day............................................ 51,533 09 5,522 44 254 42 647,394 80 $4,328,698 54 STATISTICAL INFORMATION Number of open accounts January 1, 1919................................... 18,635 Number of accounts opened or reopened during the year----2,418 Number of accounts closed during the year............................... 2,474 Amount deposited during the year, not including dividends credited for that period................................................................ $2,120,491 71 Amount withdrawn during the year.............................................. 2,186,934 74 Amount of dividends credited and paid for the year, viz.: April 3, 1918......................................................................... October 3, 1918.................................................................... $215,737 02 217,288 04 Average amount of each account January 1, 1919....................... Rate per cent, of dividends to depositors during the six months ending April 3, 1 9 1 8 ...................................................................... Rate per cent, of dividends to depositors during the six months ending Oct. 3, 1918.......................................................................... Total earnings of the bank for the year 1918, after allowing for amortization of premiums and discounts........................... Total expenses of the bank for the year 1918............................... Dividends paid to depositors for the year 1918......................... Net earnings for the year 1918 over expenses and dividends paid to depositors ........................................................................ 433,025 06 610 27 4 4 $521,191 96 51,533 09 442,905 82 26,753 05 RICHMOND COUNTY 115. RICHMOND COUNTY SAYINGS BANK, WEST NEW BRIGHTON [1619 Richmond terrace; incorporated 1886] JOHN F. SMITH. President. F. W. TOMPKINS. Treasurer. AZEL F. MERRELL, Vice-President. GEOROE H. TREDW ELL Secretary. BENEDICT PARKER. Vice-President. TRUSTEES JOHN F. SMITH, AZEL F. MERRELL, BENEDICT PARKER, GEORGE MATTHIUS, FRANK W . TOMPKINS, JOHN A. SNYDER, GEO. H. TREDW ELL, WM. J. DAVIDSON, SAMUEL ECKSTEIN, FINANCIAL JOSEPH B>. MALOY, ALBERT K. BU H L SAMUEL W. FANCHER, MELVIN L. DECKER, CHAS. B. SIMONSON. RESOURCES Bonds and mortgages.......................................... Stock and bond investments, viz.: Par value $488,300 00 35,000 00 15,000 00 30,000 00 106,000 00 18,000 00 93,000 00 35,000 00 246,000 00 Stock* and bonds United States ........................ State o f New York.................. State o f Louisiana.................. Cities in other States........... Cities in this State................ Counties in this State............ Villages in this State........... School districts in this State Railroad mortgage bonds— $1,066,300 00 $1,143,505 00 Estimated Original cost market value 1488,300 00 $488,300 00 35.350 00 36,862 60 14,913 00 15,150 00 31,987 00 29.350 00 104,890 00 109,114 91 18,040 00 18,192 44 94,200 00 98,733 68 35.350 00 36,156 80 215,250 00 242,319 GO $1,076,579 83 $1,035,880 00 1,035,880 00 Banking bouse and lot, book value, $8,000; cost, $8,000; actual cash value ......................................................................................... Other real estate, book value, $705; cost, $705; actual cash value ................................................................................................... Cash on deposit in banks or trust companies............................... Cash cm hand ....................................................................................... Total of collectible interest.............................................................. Amount of all other assets, viz.: Land contracts ................................................................. Interest accrued on bonds purchased........................... 8,000 00 705 228,486 60,395 16,950 00 43 73 08 $11,736 © 784 62 12,520 31 $2,506,442 55 LIAB ILITIES Amount due depositors, viz.: Principal .............................................................................. $2,254,022 06 Dividends credited o r to be credited fo r the six 39,184 84 months ending w ith December 31, 1918..................... $2,293,206 90 Other liabilities, viz.: lib e rty Bond deposits..................................................... Held for unknown depositors........................................ $85,135 60 197 00 ................................................ Surplus on market value. 85,332 50 127,903 15 $2,506,442 55 Surplus on par value, $158,323.15. CASH TRANSACTIONS DURING THE YEAR 1918 RECEIPTS Cash on hand and in banks or trust companies January 1, 1918, before transactions of the day......................................... From depositors,not including dividends credited.................. From interest on loans, deposits andinvestments..................... From rents from banking house................................................... From mortgages ......................................... 1266] $247,588 1,104,971 110,377 443 86,646 15 25 38 00 00 R ic h m o n d C oun ty From redemption of stocks andbonds............................................ From stocks and' bonds sold (totalpar value, $240,650)........... From real estate sold....................................................................... From all other sources, viz.: Land contract............................................................... $7,975 67 Liberty Bond subscriptions........................................ 287,957 50 Rebate on insurance..................................................... 45 75 150,000 00 U. S. certificates of indebtedness............................... ----------------- 267 $8,720 00 240,650 00 7,691 16 445,978 82 $2 ,2 5 3 ,065 76 PAYMENTS To depositors, including dividends paid to them....................... $861,709 01 For loans on bonds and mortgages.................................................. 55,942 25 For stocks and bonds purchased, including premiums, commis sions, etc. (total parvalue,$436,282.44)...................................... 436,282 44 For interest (other thandividendpayments to depositors). . . 2,362 77 For current expenses of the bank, viz.: For salaries .................................................................. $7,967 00 For taxes: Surplus, $1,509.45; onmortgages, $239A0.. 1,748 95 For expenses, except taxes, of banking house: Repairs...................... '............................................. 135 39 Insurance ................................................................ 40 00 Other ........................................................................ 10 45 For rent of banking rooms........................................... 840 00 For expenses of other real estate, viz.: Insurance ................................................................. 61 50 Taxes ........................................................................ 625 91 Other ....................................................................... 2,547 02 For other expenses, not including expenses of other real estate nor other expenses of banking house.. 162 50 ------------------------------------ 14,138 72 For real estate acquired by foreclosure, or in settlement of debts due the bank........................................................................ 8,191 16 Other payments, viz.: Advance payments Liberty Bonds............................... 138,300 00 Installment payments on libertyBonds withdrawn.. 240,650 00 Insurance advanced .................................................... 107 25 Real estate contract.................................................... 6,500 00 U. S. certificates........................................................... 200,000 00 ----------------585,557 25 Cash on hand and in banks or trust companies December 31, 1918, after transactions of the day.............................................. 288,882 16 $2,253,065 76 STATISTICAL INFORMATION Number of open accounts January 1, 1919................................... 6,801 Number of accounts opened or reopened during the year........ 1,288 Number of accounts closed during the year................................. 737 Amount deposited during the year, not including dividends credited for that period................................................................ $1,104,971 25 Amount withdrawn during the year................................................ 861,709 01 Amount of dividends credited and paid for the year, viz.: July 1, 1918..................................................................... $36,688 85 January 1, 1919............................................................... 39,184 84 ------------------------------------ 75,873 69 Average amount of each account January 1,1919....................... 331 42 Rate per cent, of dividends to depositors during the six months ending June 30, 1918...................................................................... 4 Rate per cent, of dividends to depositors during the six months ending December 31, 1918.............................................................. 4 Total earnings of the bank for the year 1918, after allowing for amortization of premiums and discounts........................... $110,956 22 Total expenses of the bank for the year 1918............................... 14,638 72 Dividends paid to depositors for the year 1918........................... 75,873 69 Net earnings for the year 1918 over expenses and dividends paid to depositors.......................................................................... 20,443 81 268 R 116. eport on S a v in g s B anks STATEN ISLAND SAVINGS BANK, STAPLETON [ a W ater street; incorporated 1864] EDWARD C. BRIDGMAN, President. HERMAN C. HAGEDORN, Cashier. EDUARD C. MEURER, Vice-President. GEO. C. HALL, A ssistant Cashier. GEO. S. HUMPHREY, Vice-President. TRUSTEES E. C. BRIDGMAN, W ILLY SONNTA&, W. HUDSON CLARK, FEDOR SCHMIDT. ALBERT C. EACH, ERNST WEHNCKE, OTTO LINDBMANN, PATRICK BRADY, ED. C. MEURER, CHAS. A . BRUNS, W ILLIAM L. VOORHIS, EDMUND L. JUDSON, GEO. S. HUMPHREY, JOHN B. PEARSON, J. EDW. STAKE, WM. J. WELSH, JOHN CARMICHEL, OTTO J. THOMEN, CARL F. GRIBSHABER, ERNEST R. MOODY, J. DWIGHT LEGGETT. FINANCIAL RESOURCES Bonds and mortgages ..................... Stock and bond investments, viz.: Stocks and bonds value $592,650 00 United States ........................ Cities in other States........... 344,000 00 Cities in this State............... 628,000 00 Counties in th is State........... 120,000 00 Towns in this State............. 25,000 00 20,000 00 Villages in this State........... School' districts in this State 121,200 00 Railroad mortgage bonds__ 1,242,000 00 $2,992,850 00 $3,555,196 50 Original Estimated cost market value $592,660 00 $592,660 00 351,447 05 336,820 00 515,580 00 530,947 65 128,747 40 119,000 00 25,325 10 25,000 00 20,140 04 19,980 00 130,973 70 127,147 00 1,267,676 62 1,124,790 00 $3,047,906 56 $2,860,967 00 2,860,967 00 Banking house and lot, book value, $16,000; cost, $49,192.47; actual cash v a lu e............................................................................. Other real’ estate, book value, $27,733.86; cost, $27,733.86; 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.: Liberty Bonds held fo r subscribers............................... Insurance premiums and taxes advanced................ 49,192 47 27,733 400,929 96,488 121,502 86 35 70 45 $227,275 00 527 79 227,802 79 $7,339,813 12 LIAB ILITIES A m ount due d ep ositors, v iz .: Principal .............................................................................. $6,610,826 08 Dividends credited o r to be credited fo r the six months ending w ith December 31, 1918..................... 116,867 49 ----------------- $6,727,693 57 Other liabilities, viz.: Liberty Bond deposits.................................................... Deposits to secure payment o f insurance premiums and taxes ......................................................................... $138,238 10 1,047 55 ----------------Surplus on market value.................................................................... 139,285 65 472,833 90 $7,339,813 12 Surplus on par value, $604,716.90. CASH TRANSACTIONS DURING THE YEAR 1918 RECEIPTS Cash on hand and in banks or trust companies January 1, 1918, before transactions of the day......................................... $342,306 13 R From From From From From From From From ic h m o n d 269 C oun ty depositors, not including dividends credited.....................$2,354, 723 34 interest on loans, deposits and investments..................... 326,415 17 rents from banking house.................................................... 5,054 08 rents fromother real estate................................................... 1,615 80 mortgages ............................................................................ 272,100 00 redemption of stocks and bonds........................................... 190,700 00 real estate sold ....................................................................... 16,393 75 all other sources, viz.: Subscribers to Liberty Bonds........................................ Bonds purchased for subscribers.................................... Insurance premiums, taxes and interest refunded.. Cash over ........................................................................... Deposits on real estate sale........................................... Fire loss mortgaged premises......................................... W ithheld on loan closed................................................. Liberty Bond coupon book stamps................................. Coupons collected for custom ers................................. Collection ite m s ................................................................. $852,187 10 2,650 00 5,003 00 344 71 25 00 2,500 00 1,500 00 9,992 00 4,108 55 2,797 22 ----------------- 881,102 67 $4,390,410 94 PAYMENTS To depositors, including dividends paid to them....................... $1,860,546 55 For loans on bonds and mortgages................................................ 355,550 00 For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $713,650)....................................... 713,650 00 For interest (other than dividend payments to depositors) . . 4,057 18 For current expenses of the bank, viz.: For salaries ....................................................................... For taxes : Banking house, $1,213.15; surplus, $3,984.68; on mortgages, $1,594.95................................................... For expenses, except taxes, o f banicing house: R ep a irs........................................................................... Insurance .................................................................... Other ............................................................................ For expenses o f other real estate, v iz .: Repairs ........................................................................... Insurance .................................................................... Taxes ............................................................................ Other ............................................................................ For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. $26,189 48 6,792 78 1,289 72 196 59 2,416 48 1,174 34 84 70 404 42 160 60 11,094 09 49,803 20 For real estate acquired by foreclosure, or in settlement of debts due the bank.......................................................................... O ther paym ents, v iz .: Insurance, taxes and interest........................................ Cash short .......................................................................... Return o f deposit, sale of real estate........................... Amount withheld on loan............................................... Fire insurance loss........................................................... Collection ........................................................................... lib erty Bond coupon book stamps.............................. Proceeds o f coupons paid to customers........................ Bonds purchased fo r subscribers................................. Cancelled Liberty Bond subscriptions........................ 17,175 78 $5,573 77 238 64 25 00 1,500 00 2,500 00 2,737 22 9,992 00 4,103 55 863,825 00 1,715 00 892,210 18 Cash on hand and in banks or trust companies December 31, 1918, after transactions of the day........................................... 497,418 05 $4,390,410 94 STATISTICAL INFORMATION Number of open accounts January 1, 1919................................. Number of accounts opened or reopened during the year........ 17,408 2,686 2T0 R eport out S a v in g s B anks Number of accounts1 closed during the year............................... 1,338 Amount deposited during the year, not including dividends credited for that period.............................................................. $2,354,723 34 Amount withdrawn duringthe year............................................. 1,860,54ft 55 Amount of dividends credited and paid for the year, viz.: July 1, 1918...........................'............................................... January 1, 191»........... : ....................................................... $111,678 89 116,867 49 ----------------Average amount of each accountJanuary 1, 1019......................... 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, 1918...................................................................... Rate per cent, of dividends to depositors during the six .months ending December 31, 1918.............................................................. Total earnings of the bank for the year 1918, after allowing for amortization of premiums and discounts................................. Total expenses of the bank for the year 1918............................. Dividends pud to depositors for the year 1918 ........................... Net earnings for the year 1918 over expenses and dividends paid to depositors ........................................................................... 228,446 38 386 54 12 $37,360 25 4 4 $331,490 06 49,803 20 228,446 38 53,240 48 ST. LAWRENCE COUNTY 117. ST. LAWRENCE COUNTY SAVINGS BANK, OGDENSBURG [79 State street; incorporated 1909] ANDREW IRVING. President. JAMES E. KELLY. Treasurer. G. C. M ADILL, Vice-President. JOSEPH W . FLEMING, Secretary R. H. HUTCHINGS. Vice-President. TRUSTIES ERNEST M. AKINS, FRANK W. AMES, FRANK CHAPMAN, GEORGE F. DARROW, ROBT. J. DONAHUE, EDGAR B. ELETHORP, JOHN T. HANNAN, JOHN C. HOWARD. RICHARD H. HUTCHINGS, JOHN B. TYO, ANDREW IRVING, GEO. B. VAN KENNEN. WALTER G. KELLOGG, JAMES M. WELLS, JAMES E. KELLY, ABNER D. WHITNEY, SAMUEL W. LEONARD, DENNIS B. LUCEY, WILLIAM B. WHITFORD, DENNIS LYNCH, THOMAS SPRATT, GRANT C. MADILL, CHAS. D. RANDLES, JOSEPH W . FLEMING. FELIX HULSER, FINANCIAL RESOURCES $400,100 01 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........... School districts in this State Railroad mortgage bonds— Par value 8199,150 00 88,000 00 95,270 18 10,000 00 90.000 00 42,080 00 28.000 00 244,000 00 Estimated Original cost market value 8109,150 00 8109,150 00 89,484 26 86,490 00 95,486 36 96,092 53 10,295 73 10,400 00 21,125 00 20,854 16 42,688 00 42,885 43 28,535 75 28,210 00 235,348 75 214,830 00 8834,500 18 8632,646 61 8608,379 36 Other real estate, bods value, $854.73; cost, $854.73; 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................................................................................. 608,379 36 854 70,581 1,930 13,260 73 64 72 95 654 71 $1,104,763 02 LIAB ILITIES A m ount due d ep ositors, v iz .: Principal ..............................................................................fl,035,368 98 Dividends credited o r to be credited fo r the six 18,797 97 months ending w ith December 31, 1918...................... ----------------- $1,052,156 95 Other liabilities, viz.: Liberty Bond deposits............................. 17,299 00 Surplus on market value.................................................................. 35,307 07 $1,104,763 02 Surplus on par value, $61,427.89. [271] 27 2 R eport on S a v in g s B anks CASH TRANSACTIONS DURING THE YEAR 1918 RECEIPTS Cash on hand and in banks or trust companies January 1, 1918, 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, $188,300.00)----From all other sources, viz.: Cash over ........................................................................... Insurance premium advanced refunded..................... lib e rty Loan installm ents.............................................. $67,212 356,374 49,167 57,346 22,900 188,222 77 26 43 39 00 00 $67 99 5 00 63,560 23 63,633 22 $804,856 07 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, $212,740.00).................................... For interest (other than dividend payments to depositors). . For current expenses of the bank, viz.: For salaries ....................................................................... F o f ta x es: 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 house.. $412,546 00 26,791 46 211,855 58 945 66 15,102 93 131 20 654 00 1,339 98 7,228 11 For real estate acquired by foreclosure, or in settlement of debts due the bank......................................................................... Other payments, viz.: Insurance premiums and taxes advanced.................... Cash s h o r t........................................................................... lib e rty Loan installm ents.............................................. 854 73 $647 71 9B 96 62,378 60 63,122 17 Cash on hand and in banks or trust companies December 31, 1918, after transactions of the day............................................ 81,512 36 $804,856 07 STATISTICAL INFORMATION Number of open accounts January 1, 1919................................... 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, 1918........................................................................... January 1, 1919.................................................................... CrecHted a t other periods................................................. $17,159 73 16,797 97 274 31 Average amount of each account January 1, 1919...................... Rate per cent, of dividends to depositors during the six months ending June 30, 1918..................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1918...................................................... .. Total earnings of the bank for the year 1918, after allowing for amortization of premiums and discounts......................... Total expenses of the bank for the year 1918............................... Dividends paid to depositors for the year 1918........................... Net turnings for the year 1918 over expenses and dividends paid to depositors............................................................................. 3,655 473 704 $356,374 26 412,546 00 34.232 01 287 86 m 3% $51,536 44 7,228 11 34.232 01 1 0,076 32 SCHENECTADY COUNTY 118. SCHENECTADY SAYINGS BANK, SCHENECTADY [500 State street; Incorporated 1834] EVERETT SMITH, President. WM. L. PEARSON. Vice-President. ALLEN W. JOHNSTON, Treasurer. TRUSTEES EVERETT SMITH, WILLIAM L. PEARSON, DAYTON L. KATHAN, HENRY BEADT, ALLEN W. JOHNSTON. GEORGE E. EMMONS, HERMAN V. MYNDERSE. H. ROGER HEGEMAN, LEW IS A. SKINNER, CHAS. WASHBURN, f . w. McCl e l l a n , JOHN G. BARRY. W ILLIAM DALTON, ITNANOIAL RESOURCES Bonds and mortgages....................... Stock and bond investments, viz.: $5,695,950 11 Par Stocks and bonds value United States ..........................$3,068,002 77 State o f Alabama.................. 25,000 00 State o f M assachusetts........ 50,000 00 Cities in other States........... 1,147,904 00 Cities in this State............... 1,270,790 23 Counties in this State........... 443,000 00 Towns in this State.............. 119,000 00 228,100 00 Villages in this State........... School districts in this State 34,000 00 Railroad mortgage bonds— 1®, 000 00 $6,510,887 00 Original Estimated cost market value $3,068,075 80 $3,068,092 77 26,695 00 24.500 00 49,000 00 43.500 00 1,189,728 02 1,102,471 12 1,306,538 85 1,259,028 79 465,963 50 442,760 00 121,512 78 124,400 00 230,721 29 230,508 00 35,256 12 34,920 00 118,687 50 100,250 00 $6,612,178 86 $6,430,430 68 6,430,430 68 Banking house and lot, book value, $100,000; cost, $76,050.27; actual cash value............................................................................. Other real estate, book value, $6,085.12; cost, $6,085.12; actual cash v alu e............................................................................. Gash on deposit in banks or trust companies............................. Gash on hand ....................................................................................... Total of collectible interest.............................................................. Amount of all other assets, viz.: U. S. T h rift Stamps........................................................... Rebates — adjustm ent W. S. S', and certificates........ Cash from December sales W. S. S. and certificates $25,023 85 2,130 32 12,788 64 76,050 27 6,085 777,703 198,058 199,885 12 51 84 90 39,942 71 $13,424,107 14 LIABILITIES Amount due depositors, viz.: Principal ..............................................................................$10,433,085 01 Dividends credited or to be credited fo r the six months ending w ith December 31, 1918..................... 161,200 78 $10,594,285 79 Other liabilities, viz.: Liberty Bond1 deposits and accrued interest............... $600,181 49 B ills payable — Liberty Bond and W. S. S. L oans.. 1,602,061 21 Deposits — junior departm ent......................................... 13144 ----------------Surplus on market value.................................................................... 2,202,374 14 627,447 21 $13,424,107 14 Surplus on par value, $707,903.53. [273] 274 R eport of S a v in g s B anks CASH TRANSACTIONS DURING THE YEAR 1918 RECEIPTS Cash on hand and in. banks or trust companies January 1, 1918, before transactionsof the day............................................ $616,191 From depositors, notincludingdividends credited..................... 6,223,494 From interest on loans, deposits and investments............... 446,290 From rents from other real estate................................................. 334 From mortgages................................................................................... 278,842 From redemption of stocks and bonds........................................ 2,057,850 From stocks and bonds sold (total parvalue$412,171.95)..404,331 From real estate sold........................................................................ 3,747 From all other sources, viz.: 52 32 42 00 50 34 95 06 Junior department — w ithout interest.......................... $87 63 Exchange on travelers’ checks........................................ 2 96 Suspense account .............................................................. 100 71 M ortgage taxes and insurance..................................... 936 96 Over credit, error and duplication, interest adjust ments ................................................................................. 16 66 W ar certificates, difference in rating........................... 10 39 T o bring to par U. 8. Bonds purchased over window 16 97 U. S. Certificates and1T hrift Stamps........................... 230,969 12 Interest U. 8. Liberty Loans and m ortgages............... 63,671 18 U. S. Liberty Loan M ila payable..................................... 2,270,100 00 ----------------- 2,565,911 56 $12,506,993 67 PAYMENTS To depositors, including dividends paid to them......................... $5,227,893 99 464,610 00 For loans on bonds and mortgages................................................ For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $3,470,905.15)............................... 3,473,323 22 1,129 50 For interest (other than dividend payments to depositors). . For current expenses of the bank, viz.: F or salaries ...................................... - ............................... F or ta x es: Banking house, $4,497.46; surplus, 4,190.96 For expenses, except taxes, o f banking h ouse: Repairs ......................................................................... For expenses o f other real estate, v iz .: Repairs ......................................................................... Insurance ..................................................................... Taxes ............................................................................ For other expenses, not including expenses o f other real estate nor other expenses o f banking house.. $41,003 81 8,688 42 64 26 667 66 23 44 222 37 4 60 12,063 43 62,637 78 For real estate acquired by foreclosure, or in settlement of debts due the bank.......................................................................... Other payments, viz.: U. S. certificates, and T h rift Stamps............. Suspense account .............................................. Junior department (w ithout in terest).......... M ortgage taxes and insurance...................... Notes and interest TJ. S. Bonds and Loans. Short credit interest......................................... Interest on dormant accounts......................... M iscellaneous ...................................................... Paving .................................................................. Difference on sale o f property......................... 4,089 71 $196,863 32 32 90 101 72 1,397 89 2,187,619 70 68 S3 641 39 13 10 648 23 280 04 2,387,547 12 Cash on hand and in banks or trust companies December 31, 1918, after transactions of the day............................................ 975,762 35 $ 1 2 ,5 9 6 ,9 9 3 67 S chenectady C 275 oun ty STATISTICAL INFORMATION 43,875 Number of open accounts January 1, 1919................................. Number of accounts opened or reopened during the y ear.. . . 9,363 Number of accounts closed during the year................................. 8,204 Amount deposited during the year, not including dividends credited for that period................................................................ $4,552,014 33 Amount withdrawn during the year.............................................. 3,913,882 38 Amount of dividends credited and paid for the year, viz.: July 1, 1918............................................................................... January 1, 1918........................................................................ $153,099 79 170,595 96 ----------------Average amount of each account January 1, 1919................... Rate per cent, of dividends to depositors during the six months ending June 30, 1918..................................... .................. .-.......... Rate per cent, of dividends to depositors during the six months ending December 31, 1918............................................................ Total earnings of the bank for the year 1918, after allowing for amortization of permiums and discounts................................... Total expenses of the bank for the year 1918............................. Dividends paid to depositors for the year 1918 ........................... Net earnings for the year 1918 over expenses and dividends paid to depositors .......................................................................... 323,695 75 237 79 3% 3% $482,250 56 71,221 95 323,695 75 87,332 86 SENECA COUNTY 119. THE SENECA FALLS SAVINGS BANK, SENECA FALLS [76 Fall s tr e e t; incorporated 1870] T. JEFFERSON YAWGER, President. HORACE D. KNIGHT, Vice-President. ELIAS LESTER, Vice-President. & ROMAYNE SOMERS, Treasurer. HAMILTON GARNSEY, Vice-President. EDWARD W. ADDISON, Asst. Treas, TRUSTEES EDWARD W. ADDISON, HAMILTON GARNSEY, CHAS. F. HAMMOND, HORACE D. KNIGHT, ELIA S LESTER, JOHN C. DAVIS, CLAUDE L. PALMER, c. a . Ma c d o n a l d , HENRY R. MICKS. E. W ILLIAM MEDDEN, FRED L. STORY, ALBERT P. HANEY, T. JEFFERSON YAWGER FINANCIAL RESOURCES Bonds and m ortgages......................................................................... Stock and bond investments, viz.: Par value $39,634 00 5,000 00 10,000 00 24,000 00 30,000 00 20,167 50 5,500 Oft 136,500 00 28,010 Oft 316,000 00 Stocks and bonds United States ........................ State o f Arizonia................... State o f M ississippi............... Cities in other States........... Cities in this State............... Counties in this State........... Towns in this State............... Villages in this State........... School districts in thisState Railroad mortgage bonds— $612,841 50 $338,720 88 Original Estim ated cost market value $39,634 00 $39,634 00 5,103 25 5,100 00 10,355 00 10,000 00 24,727 60 24.100 00 30,348 75 29.100 00 20,709 50 20,418 34 5,558 93 5,510 00 139,856 33 137,872 50 28,565 45 25,750 80 317,219 51 276, MO 00 $620,078 32 $573,785 64 573,785 64 597 00 Promissory notes ................................................................................. Banking house and lot, book value, $19,000.00; cost, $19,834.52; actual cash value.............................................................. Other real estate, book value, $8,000.00; cost, $11,485.15; actual cash v a lu e............................................................................. Cash on deposit in banks or trust companies......................... Cash on hand............................................................................. .......... Total of collectable interest............................................................. Amount of all other assets, viz.: Land contract..................................................................... Furniture and fixtures...................................................... Insurance and taxes advanced........................................ Premium account................................................................ 19,000 00 11,485 136,306 8,920 12,091 15 16 90 07 $550 00 4,000 0ft 34131 439 66 5,333 67 $1,106,339 47 LIAB ILITIES Amount due depositors, viz.: Principal .............................. ........................................... $1,032,614 I® Dividends credited or to be credited fo r the six months ending with December 31, 1918....................... 18,920 71 Surplus on market value.................................................................. $1,051,535 30 54,804 17 $1,106,339 47 Surplus on par value, $03,860.03. CASH TRANSACTIONS DURING THE YEAR 1918 RECEIPTS Cash on hand and in banks or trust companies January 1, 1918, before transactions of the day.......................................... [276] $109,039 40 Seneca From From From From From From From From From 277 C oun ty depositors, not including dividends credited................... interest on loans, deposits and investments..................... rents from banking house.................................................... rents from other real estate................................................ m ortgages.................................................................................. redemption of stocks and bonds......................................... stocks and bonds sold (total par value, $8,300)............... loans paid ................................................................................. all other sources, viz.: T h rift Stamps...................................................................... Taxes and insurance advanced, refunded.................... Sundries .............................................................................. $372,644 49,942 410 994 28,707 15,518 8,300 4,770 63 41 00 07 39 50 00 00 f 1,732 72 646 55 18 96 ----------------- 2,399 23 $592,725 63 PAYMENTS To depositors, including dividends paid to them....................... $368,900 69 For loans on bonds and mortgages................................................. 40,050 00 For loans on stocks and bonds and othersecurities................... 5,367 00 For stocks and bonds purchased, including premiums, commis sions, etc. (total par value, $23,290)...................................... 23,290 00 For interest (other than dividend payments to depositors) . . 87 86 For current expenses of the bank, viz.: For salaries.................................................................... $4,040 00 For taxes: Banking house, $385.05; surplus, $415.95; on mortgages, $159.00.................................................. 960 00 For expenses, except taxes, of banking house: Repairs .................................................................... 13 41 Insurance ................................................................. 11 Mi Other ........................................................................ 293 64 For expenses of other real estate, viz.: Repairs..................................................................... 205 65 Taxes ........................................................................ 328 61 Other........................................................................ 102 16 For other expenses, not including expenses of other real estate nor other expenses of banking house.. 87656 ----------------6,829 92 Other payments, viz.: Insurance and taxes advanced..................................... $307 38 Thrift and War Savings Stamps................................. 2,566 72 ------------------------------------ 2,874 10 Cash on hand and in banks or trust companies December 31, 1918, after transactions of the day............................................ 145,326 06 $592,725 63 STATISTICAL INFORMATION Number of open accounts January 1, 1919................................. 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, 1918..................................................................... $18,761 71 January 1, 1919............................................................... 18,920 71 ------------ — Average amount of each account January 1, 1919...................... Rate per cent, of dividends to depositors during the six months ending June 30, 1918...................................................................... Rate per cent, of dividends to depositors during the six months ending December 31, 1918.............................................................. Total earnings of the bank for the year 1918, after allowing for amortization of premiums and discounts........................... Total expenses of the hank for the year 1918............................... Dividends paid to depositors for the year 1918 ........................... Net earnings for the year 1918 over expenses and dividends paid to depositors............................................................................. 3,134 557 549 $372,644 63 368,900 69 37,682 42 335 52 4 4 $50,658 59 6,829 92 37,682 42 6,146 25 SUFFOLK COUNTY 120. RIVERHEAD SAVINGS BANK, RIVERHEAD [M ain street; incorporated 1872] USHER B. HOWELL, President. OTIS G. PIK E Secretary. GEORGE M. VAIL, Vice-President. FRED RIBSDORPH, A sst Secretary. ERASTUS F. POST, V ice-President TRUSTEES TIM OTHY M. GRIPPING, HENRY H. PRESTON, GEORGE W. COOPER, ERASTUS P. POST, GEORGE M. VAIL, NAT. S. TUTHILL, USHER B. HOWELL, GEORGE H. PERKINS. THAD. N. BENJAMIN, P. PORTER HOWELL, OTIS G. PIK E, JACOB MEYER, PRANK H. WELLS. O. EDMUND GRISWOLD, ABRAM S. POST, W ILLIS D. VAN BRUNT, GILBERT D. ROGERS. EDWIN D. FISHEL, ERNEST W . TOOKEB, ALEXANDER B. SOYARS. FINANCIAL RESOURCES