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BANKING PROFITS, 1890-1931

Material prepared for the information of
the Federal Beserve System by the
Federal Reserve Committee on
Branch, Group, and Chain Banking

Members of the Committee

E. A. Goldenweiser, Director, Division of Research and Statistics,
Federal Reserve Board, Chairman
Ira Clerk, Deputy Governor, Federal Reserve Bank of San Francisco
M. J« Fleming, Deputy Governor, Federal Reserve Bank of Cleveland
L. R. Rounds, Deputy Governor, Federal Reserve Bank of Hew York
E. L. Smead, Chief, Division of Bank Operations, Federal Reserve
Board

J. H. Riddle, Executive Secretary and Director of Research

The Committee was appointed February 2o, 1930* ^7 the
Federal Reserve Board




1
1

• . .to assemble and digest information on
branch banking as practiced in the United States,
group and chain banking systems as developed in
the United States and elsewhere, the unit banking
system of the country, and the effect of ownership
of bank stocks by investment trusts and holding
corporations."




LETTER OF TRANSMITTAL

To the Federal Reserve Board:
The Committee on Branch, Group, and Chain Bankingtransmits herewith material with reference to the profits
earned by "banks during the period 1390-1931 * together with
analyses of the relations of expenses incurred and losses
suffered to "banking profits.
The principal data relate to the period I926-I93O
and are organized by size of Dank, by size of town, and by
geographic division.
JOT national banks, to which the larger part of
this material relates, the figures heave been derived from
the official

semiannual reports made currently by national

banks to the Comptroller of the Currency.
Respectfully,

E. A. Goldenweiser
Chairman




CONTENTS

Pag
Net Profits of National Banks, 1290-1931
(Trend of Net Profits
Data for Analysis of National Bank Earnings, I926-I93O

1
1
6

Net Profits b £ Size of Bank, 1926-1930
Eate of Net Profits of National Banks b y Size of Bank
Geographic Differences
Annual Variations
Rate of Net Profits of Iowa State Banks b y Size of Bank
Net Profits of Banks b y Size of Town

9
9
15
23
26
29

Banking Costs -per Unit of Business, 1926-1930
Gross Earnings
Operating Expenses and Net Losses
Interest on Deposits
Salaries a n d Wages
Other Expenses
Net Losses
Distribution of the Gross Dollar
Relationship of Invested Capital to Loans and Investments
Geographic Variations in Expenses of Banks
Costs of Iowa State Banks
Annual Variations in Earnings and Expenses

35
36
kO
k2
kh
U5
U5
1+6
kj
50
55
58

Bank Profits and Economic Trends. 1890-1931
Trend in Gross Earnings
Trend in Expenses of Banks
Expenses among Kansas State Banks
Interest on Deposits
The Growth of Time Deposits
Bank Expenses and Customer Services
Trend in Gross Losses
Losses Not Written Off Currently
Comparison between Reserve City Banks and "Country" Banks
Gross Earnings in Reserve City and Country Banks
Bank Expenses
Gross Losses
Net Profits

60
J2
76
77
79
SO
82
S3
87
89
90
90
93
93

Summary
Net Profits of Banks
Net Profits by Size of Banks, 1926-I93O
Costs of Different Groups of Banks
Bank Profits and Economic Trends

97
97
98
100
100

Appendix

102

CHAPTER I

NET PROFITS OF NATIONAL BANKS, 1890-1931

The average rate of net p r o f i t s * 1 ' on invested c a p i t a l for national
banks during the ten years, 1921-1930, was 7.3 per cent, compared with an
average y i e l d of s l i g h t l y l e s s than 5 per cent on the sixty "bonds used in
the Standard S t a t i s t i c s Company1 s compilations.

For the f i s c a l year end-

ing June 30, 1931, however, the r a t e of net p r o f i t s of national banks
dropped to l.U per cent.

For the f i s c a l year 1932 national banks as a whole

reported a net d e f i c i t of $l4o,071,000.
Trend of Net P r o f i t s
The r a t e of net p r o f i t s of national banks has fluctuated much more
widely than bond y i e l d s and frequently the movements have been in opposite
directions.

From 1905 to 1915, for example, the trend of net p r o f i t s was

downward, while bond y i e l d s were r i s i n g .

From about 1921 to 1928 the trend

was upward for net p r o f i t s of banks and downward for bond y i e l d s .
1921-1930 ^ie

rate

of n e t

During

p r o f i t s of national banks was lower than in the

twenty years 1901-1920, while bond y i e l d s were higher.

The r a t e of net

p r o f i t s of national banks a t 7«3 P e r cent during the decade ending with 1930
compares with an average of S.3 per cent during the years 1901-1910.

Although

there was a declining tendency in the net p r o f i t s of national banks after the
early part of t h i s century, the rapid r i s e during the war years offset the
( l ) Net p r o f i t s represent gross earnings from the y e a r ' s operations l e s s
expenses and net l o s s e s . When these deductions exceed gross earnings,
the amount i s referred to as a net d e f i c i t . Expenses are d i s t r i b u t e d
amon
S s a l a r i e s and wages, i n t e r e s t on deposits, and other expenses. Net
losses represent gross loeses l e s s r e c o v e r i e s . Gross losses include
charge-offs on loans and investments, and depreciation on banking house,
furniture and f i x t u r e s , and other l o s s e s . Gross earnings l e s s expenses
w i l l be referred to as net earnings (before l o s s e s ) . Invested c a p i t a l i s
the sum of c a p i t a l , surplus, undivided p r o f i t s , and reserves (except
reserves for expenses).




* 2 ~
.
pronounced decline from 1907 to 191*+ and the average net profits for the
second decade were equal to those of the first.

The trend of "bond yields,

however, was upward until iy20 and while they have declined from the high
level of the inflation years they averaged slightly higher in the years
1927-1931 than during the years 1909-1913.
This difference between the trends of net profits of national
hanks and bond yields is illustrated in Chart 1 which gives the annual rate
of net profits on invested capital of all national banks from 189° to 1931*
and bond yields from 1900 to 1931*

The figures for net profits of national

banks are given in Table 1 of the text and for bond yields in Table 23•
Table 1 - Rate of Net Profits on Invested Capital of National Banks
1890-1931
Hate of
Rate of
Net
Net
Invested
net profits
net profits
Invested
profits(2) on invested Year
Year capital(l)
capital(l) profits(2) on invested
i
(000
(000
capital
capital
(000 omitted)
(000 omitted)
omitted) (tcr cent) i
omitted) (per cent)
1890
1891

$ 72,056
93^,543
1
75,764
9*7,551
1,011,145
66,65s
1292
t293 | 1,028,870
68,751
1894
1,001,388
4i,955
46,866
987,228
I895
49,742
I896
932,996
962,420
1897
44,273
1898
50,033
954,983
I899
9^7,187
5^,347
1,013,084
1900
S7,277
1901
1,062,459
81,853
1902
106,582
1,184,368
109,882
J903 1,235,690
1904
1,349,017
112,937
105,909
1905 1,406,858
127,526
1906 1,491,293
152,236
1907 i,6o4,io4
1,667,802
190s
131,335
131,186
1909 1,744,075
1910
154,168
1,850,970
$

7.71
7.67
6.59
6.6s
4.19
^•75
5.06
4.60
5-24
5.74
8.61
7.70
9.00
S.55
6.37
7.53
s.55
9.49
7-S7
7.52
S.33

! 1911
1912
' 1913
1914
1 1915
! 1916
l
1917
; 1918
; 1919
j 1920
! 1921
! 1922
| 1923
i 1924
! 1925
1926
1927
! 192S
! 1929
| 1930
|[1931

$1,933,13^
1,984,392
2,045,667
2,049,715
2,105,364
2,103,288
2,19S,553
2,249,793
2,363,478
2,622,075
2,796,291
2,34s,456
2,875,712
2,916,245
2,970,074
3,089,35S
3,239,539
3,570,9SS
3,674,763
3,976,148
3,755,730

$156,986
149,057
160,980
149,270
127,053
157,5M+
194,321
212,332
240,366
282,083
216,106
183,670
203,488
195,706
223,935
249,167
i 252,319

8.12
7.51
7-87
7.28
6.O3
7.49
8.84
9-W
10.17
10.76

7.73
6.45

! 270,15s
301,804
246,261

|

52,5^1 !

7-03
6.71
7-5^
8.07
7.79
7.57
8.21
6.19
1.40

(1) As of call nearest June 30 i n each year.
(2) For fiscal years ending August 31, IS9O-I9O0; ten months September 1, 1906-June
30, 1907; fiscal years ending June 30, 19O&-I93I.
Source: Annual reports of the Comptroller of the Currency.




- 3 -

CHART 1
ANNUAL RATE OF NET PROFITS ON INVESTED CAPITAL FOR NATIONAL BANKS,
1891-1931, AND STANDARD STATISTICS COMPANY'S ANNUAL AVERAGE
YIELDS ON 60 BONDS, 1900-1931
£&r c e n t




P e r .cent

- H-

The period 1900 to 1920 was characterized by an almost continuous rise in commodity prices and land values. This formed a favorable "background for net profits of "banks during the early years of
that period, hut, concurrent with a rapid increase in the number of
hanks and a consequent growth of competitive factors, a decrease in
net profits of hanks "began to " e apparent prior to the World War,
b
Baring the period of rising prices there was a growing tendency by
hanks to grant capital loans, the practice being apparently justified
by experience which showed that these loans usually proved to be well
protected by gradual capital appreciation even though not always collectible out of current income of the borrower. Losses were small and
the number of banking institutions continued to expand rapidly.
Between 1920 and 193'lf however, bankers faced a situation
different in many respects from that existing in the two previous decades.

Taking the period, 1920-1931* as a whole, the averages of whole-

sale commodity prices greatly declined and agricultural land values decreased almost continuously.

The tendency, therefore, was for the mar-

gin of security in capited commitments to diminish rather than to increase as had been the case during the period of rising prices. Most
of the bankers in the country had been trained under the favorable conditions of rising prices and many were unable to cope successfuly with
the new conditions.







~ 5-

The large increase in the number of banks in the two
decades prior to 1920 brought with it a severe competition among
banks, and at the same time non-hanking competition was growing
stronger from a variety of sources.

This competition worked

in the direction of a narrower margin of net profits on a -unit
of hanking business.
Changes in the net profits of all national banks taken
together, however, do not indicate the relative results obtained
by different classes of banks since the good record of some institutions is averaged with the poor record of others.

The

tendency towards a declining rate of net profits generally has
affected certain types of institutions more vitally than others.
In actual practice under our banking system the poor net profits
or net deficits of one institution cannot, of course, be offset
by the higher net profits of another.

The problem therefore

lies in the net profits, or lack of net profits, of the individual bank.

~ 6 -

Data for Analysis of National Bank Earnings, 1926-1930
Composite figures for net p r o f i t s of national banks, such as
those used in the preceding paragraphs, have appeared in the annual r e ports of the Comptroller of the Currency for many decades.

They are

compiled from the semi-annual reports of earnings, expenses, and d i v i dends rendered currently "by individual n a t i o n a l banks.

In these com-

p i l a t i o n s , the comptroller has presented earnings and expense figures
for large groups of banks according to geographic location only, unprofitable banks being averaged with p r o f i t a b l e ones; large banks with small
ones; metropolitan banks in some cases with v i l l a g e banks*
In order to i s o l a t e the typically p r o f i t a b l e or unprofitable
banks, with a view to determining t h e i r s i z e , location, and operating
c h a r a c t e r i s t i c s , i t has been necessary for the Committee to make a bank
by bank analysis of earnings over a period of y e a r s .

This has proved

to be a heavy undertaking and has been of necessity limited in scope.
In the f i r s t place, the number of years to be included was limited to
five, 1926-1930.
In the second place, national banks were taken as representative
of commercial banks in g e n e r a l .




This grew p a r t l y out of n e c e s s i t y because

~7 ~

earnings and expense figures for the main "body of State "banks were not
available. The Federal Reserve Board collects such data from the limited
number of State banks which belong to the system, but member State banks,
being larger on the average, are not typical of State banks as a whole, and
these were omitted from the analysis.

On the other hand, the banking

authorities of Iowa in cooperation with the Federal Reserve Bank of Chicago
have set up an analogous body of data for all Iowa State banks so that these
can be used as a check upon the assumption that the major conclusions to be
drawn from the study of national banks in all probability are valid for
State banks as well.
A schedule was designed for the analysis of the earnings and expenses of each bankf which provided first for the tabulation of ten earnings and expense items and four balance sheet items. These data were compiled for each of the five years from the forms upon which reports were made
to the Comptroller of the Currency.

The schedule also provided blanks for

the computation of twenty-six operating ratios for each bank.
this schedule is included at the end of the appendix*

A copy of

There is also in-

cluded at the end of the appendix a copy of the form on which banks report
earnings and expenses, and a copy of the form on which balance sheet items
are reported.

These are inserted for the convenience of those wishing to

determine the exact meaning of the income and balance sheet items which are
used in this study.
In the case of national banks some 37*000 separate analyses were
made, one for each of the five years for each national bank; about 5*000
additional analyses were required with respect to the 1,000 add Iowa State
banks.




The individual bank analyses were made by the Federal reserve banks

~ g ~

for the national "banks in their respective districts, and in addition the
Chicago Federal Reserve Bank made the analyses for Iowa State banks-

After

the analysis sheets had "been completed in the Federal reserve "banks, groupings of the data were transmitted in tabulations designed by the staff of
the Committee which analyzed and organized the material in its present form*




CHAPTER II

SEE PROFITS BY SIZE OF BASK. 1926-1930

During the five years I926-I93O the average annual number of national banks which rendered earnings reports was 7>^03«

Of these U,000, or

somewhat more than half, on the average annually earned 6 per cent or more
on their invested capital; 1,39&» or nearly one-fifth, earned less than 6
per cent hut as much as 3 P e r cent; 856, or about one-ninth, earned less
than 3 per cent; and 1,171, or about one-sixth, earned no net profits or
had annual net deficits.
Banks, which reported net profits of 6 per cent and over on invested capital year after year during this 5~year period, and which held
well over half of the loans and investments of all national "banks, included
banks of all sizes, from the smallest to the largest, and banks in all sections of the country, as shown in detail in accompanying tables and charts.
These more profitable banks, by reason of their good earnings and their consequent ability to build up reserve funds, were in better position to prepare themselves to meet unforeseen losses and protect themselves in periods
of stress. Banks which reported lower net profits or had net deficits,
like those in the more profitable group, were of all sizes, from the smallest to the largest.
Rate of get Profits of National Banks by Size of Bank
Of the 1,171 banks, which annually on the average reported net
deficits or no net profits, 57 Vev

c e n t haci l e s s

and investments and about J 8 per cent had




- 9-

* ^ n $500,000 of loans

- 10 -

loans and investments of less than $1,000,000«

These percentages change

somewhat for banks showing net deficits or net profits of less than 3 Per
cent or less than 6 per cent, "but they reveal essentially the same fact,
that a large proportion of the banks that had unsatisfactory rates of net
profits during the period were institutions with limited resources. Table
2 gives for various size groups the average number of national banks submitting annual earnings reports during 1926-1930, and the average number
reporting specified rates of net profits on invested capital.

Table 2 - Number of National Banks Rendering Earnings Reports, Grouped
by Size of Loans and Investments and by Rate of
Net Profits on Invested Capital
Average 1926-193o(1)
Average annual number of national banks reporting:
Net deficitsi Net deficits
Net profits
or net
Net deficits
or net
of 6 per Total
or no net
profits of
profits of
cent or
profits
less than
less than
more
3 per cent
6 per cent

Size group
loans and investments

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5.000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
Total

123
207

333
153
96
1U0

86
21
11
1

1
1,171

189
321
539
273
177
273
163
1*
25

261
460
853
Ujl
318

92
281
766
582
U07

533
3UU

I

797
675

97

1

215

353
741
1.619
1,053

725
!

153

1.33Q
1,019
! 312
1 211

3

8

22

4o

2,007

i 3.^3

4,000

1

i

58

7,403
1

(1) Detailed data for national banks, by years and by States, underlying this
and other similar tables in this chapter appear in the appendix, Table I
and Table Ila-j.




-livable 3 shows for each of the 10 designated size groups the number
of banks per hundred that reported, over the period I926-I930, net deficits
or less than 6 per cent net profits annually on invested capital.

It brings

out the fact that anong banks in the sniallest size group 3 ia h failed to
realize as ouch as 6 per cent, while anong "banks in the next largest size
group the proportion was about 3 banks in 5i in the next about 1 bank in 2,
and anong the others fron about U in 10 to about 2 in 10. Groups of banks
of less than $500,000 loans and investnents were below the average experience
of all national banks.
Table 3 - Percentage of National Banks Grouped by Size of Loans
and Investnents Reporting Annual Net Deficits or
Net Profits of Less Than 6$ on Invested Capital
Average I926-I930
Size group
loans and investnents
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 ~ 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
Average—all groups

Percentage (1)
73-9
62.1
52.7
U4.7
1+3.9
U0.1

33.s
31.1
27.6
iq.s
U6.0

(l) In arriving at the percentages of banks in size groups showing
annual net deficits or net profits of less than 6$, for example,
over the five years 1926-1930, the banks in a particular size
group for each of the five years were added together; those in
the group reporting net deficits or net profits of less than 6$
in each of the years were likewise added together, and then expressed as a percentage of the total number of banks in the size
group. For this reason if the figures in Table 2 are reduced to
percentage relationships, there will be small but unimportant
variations from the percentages appearing in Tables 3 and U.
Charts 2 and 2A show for each of the size groups the proportionate
number of banks that reported over the period annual net losses or net profits
of less than 6 per cent and those reporting annual net profits of 6 per cent
and over.







- 11a CHART 2
PERCENTAGE OF NATIONAL BANKS REPORTING ANNUAL
NET DEFICITS OR NET PROFITS OF LESS THAN 6%
PER CENT

BANKS GROUPED ACCORDING TO SIZE OF LOANS AND INVESTMENTS
Average 1926-1930
PER CENT

8o i

•

1eo

CHART 2A

PERCENTAGE OF NATIONAL BANKS
REPORTING ANNUAL NET PROFITS OF 6% OR MORE
BANKS GROUPED ACCORDING TO SIZE OF LOANS AND INVESTMENTS
Average 1926-1930
PERCENT

90

- 12 -

Chart 3 compares for each of the 10 designated size groups the proportionate number of banks that reported during the five year period net deficits or less than 3 P^r

cent net

profits annually on invested capital. This

chart brings out the fact that when the banks reporting for the period net
profits of less than 3 T?eT

cent are

classified with those reporting net defi-

cits or no net profits there are three of the size groups that failed to show
average results, these three being again those comprising the banks that had
less than $500,000 of loans and investments. Among these three groups, furthermore, it was that comprising the smallest banks, those with less than
$150,000 of loans and investments, that made the worst comparative showing.
In this size group more than half of the banks reported either less than 3
per cent net profits on invested capital, no net profits, or net deficits. In
the next largest size group, that

comprising banks with loans and investments

of $150,000 to $250,000, the corresponding proportion was more than 2 banks in
5, and in the next largest it was about 1 bank in 3«
The proportion of banks in various size groups reporting annual net
deficits or no net profits during the five year period 1926^-1930 is illustrate'
in Chart 3A.

In the smallest size group, that for banks having loans and in-

vestments of less than $150,000, one out of every three banks reported during
this period net deficits or no net profits, and in all three of the size
groups of less than $500,000 of loans and investments the proportionate number
of banks that had net deficits or no net profits was above the average for all
national banks. During this five year period the total number of national
banks in these three size groups represented about 37 per cent of all national
banks in the country and about 3*5 P e r

cent

°^ *ke "total loans and investments

of all national banks in 1930*
Table h gives the complete percentage distribution of national banks
in size groups according to rates of net profits on invested capital, representing the average of the years I926-I93O.




- 13 -

CHART 3
PERCENTAGE OP NATIONAL BANKS
REPORTING ANNUAL NET DEFICITS OR NET PROFITS OP LESS THAN I
Banks Grouped According to Site of Loans and Investments
Average 1926-1930
Per cent

0
SEE,6R0UPS
IN
UNDER

ISO

THOUSANDS i c n
OF DOLLARS w u

250




TO

250

500

750

1,000

TO

TO

TO

TO

500

750

1,000

2.000 5,000 10,000 50.000
TO

TO

TO

AND

2,000 5,000 10,000 50,000 OVER




- 14-

CMRT3*
PERCENTAGE OE NATIONAL BANKS
REPORTING ANNUAL NET DEFICITS OR NO NET FROEITS
Banks Grouped According to Size of Loans and Investments
Average 1926-1930

- 15 -

Table k ~ Percentage Distribution of National Banks Grouped by Size of Loans and
Investments and by Rate of Net Profits on Invested Capital
Average 192b-1930

Size group
l o a n s and i n v e s t m e n t s

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2 , 0 0 0 , 0 0 0 - 5,000,000
5,000,000 - 10,000,000
1 0 , 0 0 0 , 0 0 0 - 50,000,000
5 0 , 0 0 0 , 0 0 0 and over
A v e r a g e — a l l groups

Total

100$
100
100
100
100
100
100
100
100
100
1Q0#

Beporting net
d e f i c i t s o r no
net p r o f i t s
O.OJb
6jb
or
to
more
5.9%

ik.e

20. 4
16.7
ii.9
2.7
7.5
6.6

Rs p o r t i ng n e t p r o f i t S
Less
than

6$

3°P

to

to
g.<#

to
11.9%

13.8
17.5
20.8
23.8
24.2
25.6
26.9
28.7
29.9

13.5
15.1
16.2
17.8
20.6
21.6
25.1
28.9
31±5

10.6
13.1
16.4
15.7
16.5
18,8
18.6
17.5
19.8

23.2

15.0

5.9e^

4.0
3-2
2.3
1.9
1.0

5.2

7.6

4.5
3.4
-1.5

7.2

6.5
4.6

20.2
18.8
19.4
18.S
19.5
19.5
17.7
17.2
15.8
12.7

6.4

9.4

11.3

18.9

11.3
8.7

5.9
5.7

18.8
15.3
12.S
11„4
11.2
10.0

-

12Jb
and
over

7.0

9.9

15.8

5.3

•

Geographic Differences, - This record of net profits daring
1926-1930 for national banks over the country as a whole indicates that
a large proportion of smaller banks reported annual net deficits or a snail
rate of net profits on invested capital. A survey of various geographical
groupings indicates that the rates of net profits varied somewhat from one
section of tbe„ country to another and from one year to another*
Charts k and 5 bring out contrasts in experience between industrialized urban areas and areas which are primarily agricultural and rural#
A group of eleven Northeastern States, along with the District of Columbia,
and a group of eleven Mid-continent States have been selected for comparison
to represent a predominantly industrial area on the one hand, and a pre-







- 16 -

CHART 4
PERCENTAGE OF NATIONAL BANKS
IN NORTHEASTERN AND MID-CONTINENT STATES
REPORTING ANNUAL NET DEFICITS OR N NET PROFITS
O
Banks Grouped According to Size of Loans and Investments
Average 1926-1930




- 17 -

CHART 5
PERCENTAGE OF NATIONAL BANKS
IN NORTHEASTERN AND MID-CONTINENT STATES
REPORTING ANNUAL NET DEFICITS OR NET PROFITS OF LESS THAN I
Banks Grouped According to Size of Loans and Investments
Average 1926-1930
Per cent

- 18 -

dominantly agricultural area on the other. ^ '
third and a fourth of all the national hanks

Each group has between a
in the country. Large

"banks, those having more than $5,000,000 of loans and investments, fared
approximately as well in the agricultural as in the industrial districts,
only about 5 out of 100 reporting annual net deficits or no net profits
and about 10 out of 100 reporting annual net deficits or net profits of
less than 3 P e r cent.

Smaller banks, as a rule, however, have fared

much better in the industrial Northeastern States than in the agricultural
Mid-continent States.
In the Mid-continent States, for example, 3 banks out of 10
in the size group $150,000-$250,000 reported annual net deficits or no
net profits, and 5 out of 10 reported net deficits or net profits of less
than 3 Per cent.

In the Northeastern States, on the other hand, 2 out of

10 reported net deficits or no net profits and 3 out of 10 reported net
deficits or net profits of less than 3 per cent.

In the Northeast the

proportions of banks in many of the smaller bank groups showing net deficits or no net profits were less than half as large as in the Mid-continent
States, although the contrast is not quite so sharp with respect to the
portion in smaller bank groups which reported net deficits or net profits
of less than 3 P e r cent.
These facts suggest that in the Northeast, an industrially developed and stabilized community offering a diversity of risks, small




Northeastern States: Connecticut, Delaware, District of Columbia,
Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York,
Pennsylvania, Rhode Island, Vermont.
Mid-continent States: Arkansas, Iowa, Kansas, Louisiana, Minnesota,
Missouri, Nebraska, North Dakota, Oklahoma, South Dakota, Texas.

- 19 -

banks have fared better than in the agricultural communities where the
assets of most small banks are tied up in agriculture, often in one crop.
It will be recalled that many agricultural communities have never fully
recovered from the effects of the price deflation which began in 1920
and the continuous decline in land values since that time. On the other
hand, most industrial communities have had several years of prosperous
business during the same period. That the large banks of the Mid-continent
States achieved as good results as banks of like size in the Northeast was
doubtless associated with the fact that these banks, being in the large
centers of population, have a greater diversity of assets than the country
banks.

If the small banks in the Northeast had been subjected to tne

same tests over a period of years as those in the agricultural regions,
there is no assurance that they would have fared any better.
Owing to the limited number of banks in the Mid-continent States
in the size groups above $5»000,000 loans and investments, these groups
have been combined into one in order to have enough banks to render a
percentage distribution significant. Furthex-more, the number of banks
of less than $150,000 loans and investments in the Northeastern States
was so small as to make the ratio at this point of questionable value.
Tables 5 and 6 give the complete percentage distribution in size groups
according to the rates of net profits on invested capital of national banks
in the Northeastern States and the Mid-continent States.




- 20 -

Table 5 - Percentage Distribution of National Banks in Northeastern
States Grouped " y Size of Loans and Investments and " y
b
b
Eate of Net Profits on Invested Capital
Average 1926-1930

Size group
l o a n s and i n v e s t m e n t s

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2 , 0 0 0 , 0 0 0 - 5,000,000
5,000,000 and over
A v e r a g e — a l l groups

Total

Reporting n e t
d e f i c i t s o r no
net p r o f i t s
b%
0.0$
or
to
more
5.%

100$
100
100 *
100
100
100
100
100

17.2
6.2
4.4
3.*
3.3
2.5
2.1+
2.0

15.5
12.9
7.5
5.5
5.9
5.0
4.0

100$

3.1

5.4

Reporting net
Less
than

35b
to

6$

9%

to

to
11.9$

12%
and
over

13.8
27.0
25.9
27.2
2U.9
27.5
28.2
30.2

1.7
9.2
16.7
17.5
19.7
21.1
23.0
23*1

5.2
10. S
17.2
17.7
18.3
19.7
16.5

27. 4

20.2

16.9

5-9% s.9%
19.0
12.9
12.3
10.2
9.0

7.7

M
8.4

32.8
26.1
22.5
19.1
19.0
17.5
16.1+

XL5.
is.5

profits

Table 6 - Percentage Distribution of National Banks in Mid-continent
States Grouped by Size of Loans and Investments and by
Rate of Net Profits on Invested Capital
Average 1926-1930

Size group
l o a n s and i n v e s t m e n t s

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2 , 0 0 0 , 0 0 0 - 5,000,000
5 , 0 0 0 , 0 0 0 and over

Reporting n e t
d e f i c i t s or no
net p r o f i t s
Total '
6%
0.0$
to
or
5.9%
more
100$
100
100
100
100
100
100
100
10056

A v e r a g e — a l l groups




16.0

l4.o
11.2
8.0
8.5
6.9
3.0
1.8
10.2

19.5
18.0
l4.1
11.8

9.7
9.9
6.7
2.6
13.1*

Reporting net p r o f i t s
Less
than

3 * , 6$
to
to
5.9% 8.9%

9%
to
11.9%

12%
and
over

15.9 18.9
15.9 l 4 . 1
1 3 . 1 16.0
13.1 16.1
13.3 16.1
13.7 1 7 . 1
8 . 5 19.9
6.8 , 1 6 . 9

13.8
14.3
16.8
18.1
16.9
18.7
19.0
25.8

8.4
9.8
12.0
12.4
15.5
12.7
19.0
24.7

7.5
14.0
16. 8
20.6
20.1
20.9
24.0
21.4

13.4

16.9

12.6

17.2

16.3

-Sl-

it is not the purpose to "bring out in the text all the minute
variations which may "be found from one geographic locality to another,
or from one year to another. The statistics, "by States and "by years,
are included in the appendix in Table 1 and Table Ila-j for the use of
those interested in the records of particular localities.
She statistical analysis of the years I926-I93O was organized
on a geographic basis under the same classification of States used elsewhere in other studies made by the Committee; namely, New England, Middle Atlantic, North Central, Southern Mountain, Southeastern, Southwestern, Western Grain, Rocky Mountain, and Pacific Coast.*1'
In order to have enough banks in some size groups to make a
percentage distribution of value, it was necessary to effect certain
geographic combinations. The New England and Middle Atlantic groups
were combined to represent the industrial area heretofore presented,
while the Western Grain and Southwestern States were used in combination as representing an agricultural area. In order to show roughly
what conditions have been in the remaining portions of the United
States, three other groups are given in Table 7•

Ehe North Central

States are combined as one group; the Southern Mountain and Southeastern States form a second; and the Rocky Mountain and Pacific Coast
States, a third.

(1) See footnote to Table 7 ^ or States in each group.




- 22 -

Table 7 - Percentage of national Banks Grouped " y Size of Loans and
b
Investments and by Geographic Divisions Reporting Net Deficits
or Net Profits of Less than Jp on Invested Capital
Average 192b-1930

Size group
loans and investments

Nortlieastem
Uew
Sngland
and Middle
Atlantic
States

Midcontinent
Western
Grain and
Southwestern
States

51.7

51.4
47. s
3S.4
32.9
31.5
30.6

32c9
25.8

18.2
11.2
37.0

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 and over

24.2
19.1
18.7
15.2
12.g
12.2

Average—all groups

16.9

Southeastern
Southern
Mountain
and Southeastern
States

Western
Rocky
Mountain
and Pacific
Coast
States

_M

57.7
36.4
26.4
23.3
25.3
20.7
20.7
17.0

63.3
49.4
34.6
26.9
24.9
25,0
23.8
18.9

25.2

24.7

32.5

North
Central
States

53.5
3i<5

22.0
17.0

New England: Maine, New Hampshire, Vermont, Massachusetts, Rhode Island,
Connecticut*
Middle Atlantic: New York, New Jersey, Delaware, Pennsylvania, Maryland,
District of Columbia.
Western Grain: Minnesota, North Dakota, South Dakota, Iowa,Nebraska,
Missouri, Kansas,
Southwestern: Louisiana, Texas, Arkansas, Oklahoma..
North Central: Michigan, Wisconsin, Illinois, Indiana, Ohio.
Southern Mountain: West Virginia, Virginia, Kentucky, Tennessee.
Southeastern: North Carolina, South Carolina, Georgia, Florida, Alabama,
Mississippi.
Rocky Mountain: Montana, Idaho, Wyoming, Colorado, New Mexico, Arizona,
Utah, Nevada,
Pacific Coast: Washington, Oregon, California.
The table shows the proportion of banks in each size group reporting annual net deficits or net profits of less than 3 P e ^ cent on the
average for the years 1926-I93O.

The average experience for all size groups

was "best in the Northeast where 17 out of 100 banks failed to return as
much as 3 P e r

cent

on invested capital. The mid-continent experience was

lowest with 37 out of 100 banks in the low profits groups.




- 23 -

The Western States made the poorest showing of all the geographic
divisions in three of the size groups, nineteen out of every 100 hanks with
portfolios of $5,000,000 and over reported annual net deficits or net profits
of less than 3 P e r cent. The two groups of smallest banks also showed poorer
earnings in the Western States than anywhere else.

In the Southeastern and

Southern Mountain States the large banks also made a relatively poor showing.
If the size group $150,000~$250,000 is compared with that of
$5*000,000 or more, the situation may be summarized by saying that the proportion of banks with unsatisfactory net profits was more than four times as
great among the smaller banks as among the larger ones in the Mid-continent
States; more than three times a s great in the North Central States; and be,
tween two and three times as great in the Northeast, Southeast, and West.
There are, of course, many profitable small banks in all localities,
some highly profitable ones.

The experience of the five years, however, was

that the probabilities of profitable operation are ranch lower for smaller
banks than for larger ones.

On the other hand, in the group of banks with

loans and investments of less than $150,000, 2b out of 100 annually showed
net profits of 6 per cent or more on invested capital during the period. In
the group with loans and investments of $150,000-$250,000, 3S out of 100 reported net profits of 6 per cent or more. In the group with loans and investments of $250,000-$500,000, U7 out of 100 reported net profits of 6 per cent
or more.
Annual Variations. - Of the five years included in this survey, the
poorest net profits were shown in 1930 a ^d the best in 1928. This is illustrated in Table g.

Forty out of every 100 national banks reported net deficits

or net profits of less than 3 P e r cent in 1930* while in 192S the figure was




- 2k 22 out of every 100. In three of the five major geographical groupings 1930
afforded the worst experience during the five years• The Mid-continent and
the Western States, on the other hand, showed the highest proportion of unsuccessful hanks in 1926, while in "both cases the experience in 193^ w a s to.*
a trifle better.

Table S - Percentage of Rational Banics Grouped " y Geographic Divisions
b
Eeporting Net Deficits or Net Profits of Less Than y/o
on Invested Capital, 1926-I93O

Geographic
division
Northeastern
Southeastern
North Central
Mid-continent
Western
Average—all groups

Average
1926
1926-19 TO
16.9
24.7
25.2
37.0
32^
27.1

1927

192s

1929

1930

7.S
S.7
1 18.3 21.3
15.7 21.s
42.6 3S.S

16.2
26.0
26.8
29. 4
27.0

42.0
37.2
42.6
4l.2

iua

24.4

4o.6

na

32ia

10.3
22.3
20.5
33.0
28.8

24.6

24.5

22.5

The Northeastern States, the most highly industrialized area, showed
a much better experience than any other region in every year, except 1930»

In

that year there were more unprofitable hanks in the Northeastern region than
the average for the whole country, reflecting the result of widespread industrial depression. The North Central States also made a poor record in 1930#
The agricultural

difficulties of earlier years were reflected in the large

proportion of unprofitable banks in the Mid-continent and Western States in
1926 and 1927.
Chart 6 shows the variations in the proportion of banics reporting
net deficits or net profits of less than 3 P e r cent by years and by geographic
divisions among banks of less than $500,000 of loans and investments, contrasted with those of more than $5J000,000«

In several of the geographic

divisions the year 1930 was mack out of line with the other four, showing a
much higher proportion of banks with unsatisfactory net profits among both
large and small banks. However, the contrast "between the two sizes of banks
in that year was nearly as pronounced as in other years•







- 25 -

CHART 6
PERCENTAGE OF NATIONAL BAMS III T O SIZE GROUPS
W
REPORTING AMUAL MET DEFICITS OR NET PROFITS OF LESS THAN 3$
1926-1930
BANKS WITH LOANS AND INVESTMENTS OF LESS THAN i 9 0 0 , 0 0 0
BANKS WITH LOANS AND INVESTMENTS Of # 3,000,000 AND OVER

PERCENT

60
NORTHEASTERN,
STATES

1926

1927

1926

1929

1950 As*-»SO

«26

1927

1926

1929

1930 gg^Jgo

NORTH-CENTRAL
STATES

1926

1927

1926

1929

1930 ,%S5S&

1926

1927

1926

1929

W3Q n!u!me

1926.

1927

192©

1929

1930

1926

1927

1926

1929

1930 $ £ £ £ >

ffilSo

- 26 -

The year 1930 was characterized " y cheap money; 192S, by dear
b
money.

Net profits of large city "banks are much more sensitive to money

market rates than are those of hanks in small places. The rates charged
on customers1 loans by the latter vary little from year to year, while
the large city banks are forced by competition to adjust their rates to
large customers to meet .prevailing conditions. Large banks from I92S
to 1930i therefore, suffered a much larger shrinkage in their rate of
gross earnings than small banks.
TOiile the net profits of both large and small banks varied
from year to year and from district to district, the chart illustrates
in a striking manner the fact that the latter made a much poorer record
each year in each district than did the former.

Rate of get Profits of Iowa State Banks by Size of Bank
It is quite likely that the net profits of different size
groups among State "banks over the period under discussion have contrasted in a way similar to that among national banks. The analysis
of Iowa State banks as given in Charts 7 a n ^ 8 and Table 9 would indicate this. When the Iowa, State "bank experience is compared with
the national banks in the Mid-continent States just presented in Charts
k and 5, it will be observed that the proportion of smaller State banks
showing unsatisfactory returns was even larger than among national banks.




- 27 -

CHART 7
PERCENTAGE OF IOWA S T A T S BANKS
REPORTING ANNUAL NET DEFICITS OR NO NET PROFITS
Banks Grouped According to Size of Loans and Investments
Average 1926-1930
Per cent
50 I

Per cent
1 50

<to

^0

—^m-.

30

H^^^j^^-^p-^---

20

—^m—^m—^m—•»

30

—

to —^m—^m

^m

^m—^m—^m—^m—

8IZE6R00P8

|5o

250

500

-*
TO

—A
TO

TA

250

500

750

,H
._.
THOUSANDS um-»tr\
OF DOLLARS 1 5 0




TO

750
TO

Tn

!,000

1,000
TO

T n

2,000

2,000
AHA
AMD

OVER

5.0

1
0

-

28

-

CHAR* 8
PERCENTAGE OF IOWA STATE BANKS
REPORTING ANNUAL NET DEFICITS OR NET PROFITS OF LESS THAN Zf
Banks Grouped According to Size of Loans and Investments
Average 1926-1930

8,ZE

,HSf,00PS

THOUSANDS

OF DOLLARS




UNDER
1 s n

10U

150
rp

250

250
TO

500

500

750

1.000

TO

TO

TO

1,000

2,000

750

2,000
AND

OVER

- 29 -

Sixty-two per cent of the Iowa State banks in the smallest size
group reported net deficits or net profits of less than 3 P e ^ cent. This
corresponds to 51 psr cent of the isid-continent national "banks* In the second
size group the per cent of banks reporting net deficits or net profits of less
than 3 per cent was 53 for the State banks and US for national banks, and in
the third size group it was ^5 for State banks compared with 38 for national
banks. Among State banks of Iowa with loans and investments of $2,000,000 and
over, 23 out of 100 reported net deficits or earned less than 3 P e * cent annually, while among national banks in the Mid-continent States 18 out of 100
of those with loans and investments of $2,000,000-$5,000,000 reported net deficits or net profits of less than 3 per cent.
Table 9 - Percentage Distribution of Iowa State Banks Grouped by Size of Loans
and Investments and by Hate of Net Profits on Invested Capital
Average 1926-I930U)

Size group
loans and investments Total

Reporting net
deficits or no
net profits
6%
0.0$
or
to
more
5.9%

. Heporting not profits
Less
than

3#
to
5.9%

12#
and
to
8,91 11.9% over

9%

to

Average—all groups

100$
100
100
100
100
100
100
10096

19.0
23.1
14. ?
19.8
10.4 . 18.5
12.8
7.5
6.2
12.0
10.6
7.9
l.l
10.0
12.5

1S.3

20.3
18.8
16.1
16.1
16.9
17.6
10.0
17.6

16.7
16.9
17.9
20.2
17.8
18.5
25.0
17.9

13.1 h.k
12.5 10.4
16.1 9.5
18.6 12.0
19.4 10.7
19.8 14.1

11.3
12.9
16.9
11.5

23.8

Under $150*000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 and over

18^8

3.*
7.3

9.1

15.4
9.2
(1) Detailed data for Iowa State banks, by years, appear in the appendix,
Table V and Table VI,
Net Profits of Banks by; Size of Town
Under a banking system, which as a rule confines the offices
of a bank to its home community, a correlation exists between the size
of tomis and cities and the average size of the banks located therein.







- 30 -

CHART 9
PERCENTAGE OF NATIONAL BAMS
REPORTING ANNUAL NET DIFICITS OR NO NET PROFITS
Banks Grouped According to Size of Town
Average 192S-1930




- 31 -

CHART 10
PERCENTAGE 0? NATIONAL BANKS
REPORTING ANNUAL NET DEFICITS OR NET PROFITS OP LESS THAN 2>f>
Banks Grouped According to Size of Town
Average 1926-1930

- 32 -

Obviously, -under a -unit banking system large banks are not represented
in small places, altho"ugh there are small banks in t i larger places.
le
Therefore, Charts 9 and

which compare the net profits of national

banks grouped according to the size of the community in which located,
reflect again chiefly the difference between large and small banks as
already brought out.
In the smallest towns two banks out of every ten returned annual net deficits or no net profits on the average for the years 19261930 as shown in Chart 9*

In towns of 10,000 or more inhabitants only

one bank out of ten showed annual net deficits or no net profits. One
bank out of three in the smallest towns reported annual net deficits or
net profits of less than 3 P e ^ cent on invested capital. In towns of
10,000 or more two out of ten banks failed to earn as much as 3 P e r
net.

c

©nt

In general, the experience with respect to net profits of national

banks in towns of 50,000-100,000 was the most favorable, and there is a
noticeable improvement in the rate of net profits from the small town to
the large town until a population of 10,000 is reached* but beyond this
point the experience improves but little.
Charts 11 and 12 present analogous statistics for Iowa State
banks.

(2)

The percentage of unprofitable State banks does not decrease

as steadily with the growth in size of town as was the case among national
banks.

State banks located in towns of from 5>000 to 10,000 population

made the best showing. There is a definite cleavage in the degree of
success of banks located in towns of less than 5>000 as compared with
those in towns above 5i000.

t 1 ) Detailed data
the appendix,
(2) Detailed data
Tablss YII and




for national banks, by years and by States, appear in
Table III and Table IVa-e.
for Iowa State banks, by years, appear in the appendix,
VIII.




- 33 -

CHART 11
PERCENTAGE OP IOWA STATE BANKS
REPORTING ANNUAL NET DEFICITS OR NO NET PROFITS
Banks Grouped According to Size of Town
Average 1926-1930




- 34 -

CHART 12
PERCENTAGE OF IOWA STATE BANKS
REPORTING ANNUAL NET DEFICITS OR NET PROFITS OF LESS THAN 3$
Banks Grouped According to Size of Town
Average 1926-1930

CHAPTER III

BANKING COSTS PER UNIT OP BUSINESS, 1926-1930

The previous chapter has shown that, from the viewpoint of the
rate of net profits on invested capital, the number of banks that were
unprofitable during the five-year period I926-I93O was disproportionatelylarge among the smaller institutions.

In order to determine the factors

which account for the differences in the rate of net profits among the
smaller and the larger banks, the operating accounts of national banks
have ^oeen analyzed by size groups.
sis was designed to bring out are:

The principal facts which the analythe annual rate of gross earnings on

loans and investments, the cost of handling a unit of business, the proportion of assets written off as losses, and the annual margin of net
profits per $100 of loans and investments.
In order to compare the operating efficiency of national banks
of different sizes, it was necessary to compute the various operating
items per unit of business in each size group.
net profits were related to invested capital.

In the preceding chapter
To compare the unit costs

of doing business for banks of different size groups, however, it was
thought better to use instead of invested capital a basis which measures
more nearly the volume of business of the banks.

Loans and investments

were chosen for this purpose.
Items of earnings and expenses were computed as amounts per $100
of loans and investments bank by bank and year by year, and the typical




-35-

- 36-

ratios of groups of "banks were selected to "bring out differences in the
operating experiences among the different size groups. Although the degree
of difference might have varied somewhat if another measure of the volume
of "business had been adopted, it is "believed that the essential contrast
between different groups of "banks would have remained the same.
The items of earnings and expenses, which were calculated annually
for each national "bank as percentages of loans and investments, are indicated on the earnings schedule reproduced at the end of the appendix.' The
method of determining for a group of "banks a particular typical ratio was
as follows: the annual ratio of gross earnings to loans and investments,
for example, for a group of "banks was taken as the average of the individual ratios of gross earnings to loans and investments for the respective
"banks in the group.

The typical ratio for five years was taken as the

averages of the ratios of the respective years weighted " y the numbers of
b
banks in the particular group in each of the five years.

It was found by

experiment that when groups consisted of a sufficiently large number of
units, this average was much the same as the result obtained from using
other methods of deriving the typical unit of a group.

G-ross Earnings
Chart 13 shows that the smaller banks made larger annual gross
earnings per $100 of loans and investments than the larger banks. Het
profits per $100 of loans and investments, however, were lower for the
smaller banks than for the larger ones.




The figures are given in Table 10.




- 37 -

CHART 13
ANNUAL GROSS EARNINGS AND NET PROFITS OF NATIONAL BANKS
PER $100 OF LOANS AND INVESTMENTS
Batiks Grouped According to Size of Loans and Investments
Average 1926-1930

~ 32 -

Table 10 ~ Annual Gross Earnings and Net Profits per $100 of Loans and
Investments of National Banks Grouped " y Size of
b
Loans and Investments
Average 1926-1930(1)
Size group
loans and investnents
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

Gross earnings

llet profits

$9. is

$0.02
0.50
0.70
0.98
0.99
1.05
1.1-5
1.14
1.21
1-37

g.06

7-35
6.99

6.1k

6.5s
6.55
6.37
6.39
6.09

(l) Detailed data for national banks in the United States,
by years, appear in the appendix, Table IXa-f.

The typical bank in the size group $150,000-$250,000, for example,
reported annually more than $S gross earnings per $100 of loans and investments but retained only fifty cents as net profits.

On the other hand, the

typical hank of $10,000,000~$50,000,000 reported only ahout $6.40 gross
earnings but retained $1,20 as net profits.

In the agricultural regions

where the smaller banks are most numerous, rates of interest are higher than
in the urban industrial and commercial centers*

Furthermore, a larger pro-

portion of the portfolios of these smaller banks tends to be in customer
loans rather than open market investments, which bear a relatively low
rate.

It will be observed that there is a sharp rise in net return from

one group of small banks to the next larger until the size of $500,000 in
loans and investments is reached, after which the increase is less pronounced.




It is also at this point that the decrease in the rate of gross

- 39 -

earnings from one size group to the next "becomes less marked.
Table 11 divides the gross earnings of national "banks in the
various size groups into interest and discount on loans and investments
and other earnings.

It will " e noted that the proportion of gross earnb

ings derived from interest and discount varies from S3 VeT

ceirt t o

^9 P e r

cent.
The very small "banks and the very large "banks seem to derive
more revenue from "other sources" than the medium sized banks.

Large

banks in general tend to derive more revenue than small banks from such
things as trust business, securities business, and foreign exchange operations.

On the other hand, the large bank has less revenue than the small

bank proportionately from collection and domestic exchange charges and fron
miscellaneous services performed by officials and employees of banks.
Table 11 ~ Annual Interest and Discount and Other Gross Earnings
per $100 of Loans and Investments of National Banks
Grouped by Size of Loans and Investments
Average 1926-I93O

Size group
loans and investments

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over




Gross earnings
1
Per cent
per $100 of loans
of gross
and investments
j
i Interest and j
earnings
derived from
discount on ] Other
interest and
leans and j earnings
discount
investments 1

$7.SU
7-07
6.51
!

6.21
6.00

3.8k

1 5-7^
5-57
5-^7
5.06
j

$1.35
0.99
0.81+
0.7S

O.fk
O.jk
0.81
0.80
0.92
1.03

i

1

S5.3
87-7
88.6
88.8
89.O
88.8

87.6
S7.U
85.6
83.1

- uo ~

Operating Expenses and Met Losses
Chart ik shows the expenses and net losses for the various size
groups, and Table 12 gives the figures on which the chart is based. The
larger banks had better net results because their salaries and wages,
other expenses, and net losses were all lower in proportion to their lo^n-i
and investments than in the case of the smaller banks. Typically, the
smallest banks do not carry as heavy a burden in interest on deposits per
$100 of loans and investments as do the larger banks.
Table 12 - Annual Expenses and Net Losses per $100 of Loans and
Investments of National Banks Grouped by
size of Loans and Investments
Average I926-I930U)
Interest
Size group
loans and investments
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

Salaries

on

and

deposits

wages

Other
expenses

$3.32
2.46
1.95
1.66
1.51
1.3S
1.31
1.19
1.22
1.10

$2. SI
2.04
1.6l
1.40
1.30
1.20
lolS
1.15
1.19
1.0S

$1.34
1.74
1-97
2.04
2.0g
2.18
2.24
2.2S
2.17
2.00

Net
losses
$1.69
1.33
1.13
0.91
0.S6

0.75
0,70
0.62

0.59
0.53

(1) Detailed data for national banks in the United States, by
years, appear in the appendix, Table IXa~f.

Moving, in Chart lU, from one small bank group to the next larger,
the load of interest on deposits increases until a size of $5*000,000 of
loans and investments is reached.

With respect to salaries and wages and

other expenses the movement is in the opposite direction.

The load of

salaries and wages declines rapidly until a size of $1,000,000 loans and




- 41 -

CHART 14
ANNUAL EXPENSES AND NET LOSSES OF NATIONAL BANKS
PER $100 OF LOANS AND INVESTMENTS
Banks Grouped According to Size of Loans and Investments
Average 1926-1930
Dollars

AlUrg

INTEREST ON DEPOSITS

SALARIES AND WAGES

2 & s "N|ER
THOUSANDS l O U
OF DOLLARS




150
TO

250

500

750

1,000

2000

5.000

10,000

250

TO

TO

TO

TO

TO

TO

TO

500

750

1,000

2,000

5,000 10.000 50,000

50,000
AND

OVER

-1+2 -

investments is reached, after which there is much less contrast between
groups. This is also true of other expenses* As in many manufacturing
activities, so also in banking, unit costs appear, up to a certain point,
to decrease with large scale activity. Banks with $1,000,000 loans and
investments and over appear to have had most of the operating advantages
possessed by the larger banks.
Comparing the size group $150,000-$250,000 with the $10,000,000$50,000,000 group, the typical bank in the former group had an average
cost for salaries and wages over the five years of $2.46 per $100 of
loans and investments as against $1.22 for the typical bank in the other
group*

Other expenses for the first group amounted to $2.04, compared

with $1.19 for the second group. Net losses for the first group were $1#33>
and for the second group, fifty-nine cents.
Interest on Deposits. - The larger banks paid more interest on
deposits in proportion to loans and investments than the smaller banks.
This was doubtless due in part to greater competition for deposits in the
cities, and in part to the fact that the larger banks could afford to pay
interest on large demand deposit accounts which are carried at relatively
small cost.
Table 13 shows that generally speaking those size groups whose
banks typically reported the highest burden of interest were those which
had high ratios of time deposits to gross deposits. The smallest banks
(under $150,000) had the lowest annual interest burden, $1.3^ per year for
every $100 of gross deposits or per $100 of loans and investments. The
typical bank in this group had less than $23 of time deposits out of every
$100 of gross deposits. On the other hand, the size group $1,000,000$2,000,000 reported interest amounting to $2.27 per $100 of gross deposits,




-U3-

and the typical bank in this group had more than $53 of time deposits out
of every $100 of gross deposits.
Table 13 - Annual Interest on Deposits per $100 of Loans and Investments
and per $100 of Gross Deposits, Gross Deposits per $100 of Loans
and Investments, and Time Deposits per $100 of Gross Deposits of
National Banks Grouped by Size of Loans and Investments
Average I926-I930
Gross
deposits
per $100
of loans
and investments

Annual deposit interest
Size group
|
loans and investments !

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 ~ 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

Per $100
of loans
and investments
$1.3^
1.74
1.97
2.04
2.08
2.1S
2.24
2.2S
2.17
2.00

Per $100
of gross
deposits

i
J

$1.33
1.74
2.00
2.0S
2.16
2.27
2.2S
2.30
2.10
1.89

!
!

Time
deposits
per $100
of gross
deposits

$105.07
101.76
99.50
97.9^
96.96
96.84
99.06
100.52
IO5.9O
109.71

$22.63
32.90
41.17
45.83
49.30

53.53
52.3*
48.04

36.33
24.11

There are factors other than time deposits which bear upon the
relative interest burden. The proportion of demand deposits bearing interest and the rates paid upon these deposits are among those factors.
Some of the large banks pay substantial rates of interest on demand deposits. A subsequent chapter will bring out the fact that the development of American banking over the past few decades has been accompanied
by an increasing*burden of expenses in which interest on deposits has been
an important item.
The banks in the smallest places, perhaps, do not always face as
much competition for customers1 funds as those in the larger cities, but
the smallest banks could not afford even the load of interest on deposits
which they were carrying.




Their other items of expenses were so high

-Ir-

relatively that their final result was unsatisfactory.

Table lk shows that

after paying interest on deposits the smaller banks had remaining from
$5 to $7 annually per $100 of loans and investments, while the larger
banks had little more than $U. However, the larger banks, having smaller
expenses per $100 of loans and investments, showed about the same net
earnings (before losses) as the small banks. The smaller net losses of
the larger banks, however, led to their better showing in net profits.
(See Tables 10 and 12.)
Table ik ~ Annual Gross Earnings Less Interest on Deposits and Net
Earnings (before losses) per $100 of Loans and
Investments of National Banks Grouped by
Size of Loans and Investments
Average 1926-1930
Size group
loans and investments
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

Gross earnings
less interest
on deposits
$7.&
6.32
5.3S
^.95
1+.66

k.ko

H.31
^.09
1+.22
^.09

Net earnings(l)
(before losses)
$1.71
I.83
1.S2
1.S9
1.S5
1.81
I.S3
1.75
l.SO
1.90

' * ' After payment of interest on deposits, wages, and other ex••
penses but before provision for losses.

Salaries and Wages. - There are many small institutions which
show favorable wage costs per unit of business, but in general it is necessary that a bank be of a certain minimum size in order to provide earnings
sufficient to cover salaries, other expenses, losses, and a fair profit.
The largest banks achieve a low unit wage cost in part because
they do business in very large units. While a credit officer who passes




-1+5-

upon loans in units of $100,000 or more may command a higher salary than
one who handles loans in units of $100, the former official may cost his
bank less per unit of business handled.

So also the clerical work of

handling the routine of hanking bears a more direct relationship to the
number of physical items handled and the number of bookkeeping entries
made, than to the average dollar size of such items. It seems relatively
clear, therefore, that when large banks take over small banks to operate
as branches, the amalgamated institutions probably are not able to handle
all the new small scale business at the same favorable wage costs as large
unit banks handle large scale business. Pacts brought out in the British
and Canadian studies suggest that the costs of the great branch banking
institutions represent an average of the low cost offices dealing in large
scale business and the high cost offices dealing in small scale business.
Other Expenses. - Important items among other expenses are
taxes, interest on borrowed money, occupancy costs, and general office
expenses. This analysis, as the form at the end of the appendix indicates,
did not segregate these various smaller components of expenses, and therefore specific information is lacking as to comparisons between different
groups of banks at these points.
Net Losses, - In the percentage of reported net losses to loans
and investments the differential between various groups of banks, during
the period 1926-1930> ^ a s even greater than in the case of salaries and
wages and other expenses, as shown in Chart lh and Table 12.
The reported figures, however, do not tell the full story of net
losses.

The proof that a large proportion of net losses was not written

off currently by the banks is found in the records of suspended banks. In




-46-

liquidating suspended banks it has "been the experience that net losses, on
the average, have been sufficient to wipe out all capital funds and roughly hO to 50 per cent of total deposits. Another important limitation on
the reported figures, furthermore, that would explain to some extent the
relatively good showing of the larger hanks in respect to losses suffered,
is the probable understatement of losses by such of these banks as had
affiliates of one kind or another and made use of these affiliations, by
transferring to them questionable assets, to cut down or conceal the
losses of the bank.

Distribution of the Gross Dollar
The previous paragraphs have shown the expenses and net losses
of banks in the various size groups per $100 of loans and investments. The
same general contrast between various size groups is shown when these items
are expressed as percentages of gross earnings*

To illustrate'this dif-

ference two size groups were selected, one with loans and investments of
$150,000~$250,000 and the other with $10,000,000-$50,000,000. For the
typical bank in each of these groups $100 of gross earnings was distributed
during the period 1926-I93O as shown in Table 15.

Table 15 - Annual Distribution of $100 of Gross Earnings for Typical
National Banks in Two Size Groups
Average I926-I93O
Gross earnings
and
expense items

Typical national banks with loans
and investments of
$150,000 - $250,000 |$10,000,000 - $50,000,000

Gross earnings

$100.00

$100.00

Interest on deposits
Salaries and wages
Other expenses
Net losses
Net profits

21.B6
30.48
25.2S
16.48
$ 6.20

34.01
1Q.12




is. 65
Q.25

$ IS.97

_ 17 *

Although the typical bank in the group $10,000,000-$50,000,000
paid out a much larger proportion of gross earnings in interest on deposits,
the amount remaining for net profits was three times as great as in the
case of the $150,000-$250,000 group. The difference was due to the higher
opera-ting costs and larger net losses in the case of the latter group*
Salaries and wages, other expenses, and net losses consumed $72.2*+ out of
every $100 of gross earnings in the $150,000-$250,000 group, compared with
only $5+7.02 out of every $100 of gross in the case of the $10,000,000$50,000,000 group.

Relationship of Invested Capital to
Loans and Investments
The rates of net profits on invested capital of banks by size
groups differ not only because of the varying rates of net profits per
$100 of loans and investments but also by reason of the relation of loans
and investments to invested capital. The high ratio of $33 of invested
capital to $100 of loans and investments for the smallest size group is
shown in Table l6.

In other small size groups, there is as much as $20

of invested capital per $100 of loans and investments.

In some of the

groups of larger banks, on the other hand, the ratio is less than $l6.
For example, comparing the size group $150,000-$250,000 with the size
group $l0,000,000-$50,000,000, it is observed that the typical bank in
the second group earned $1,21 on loans and investments—a rate nearly two
and a half times as high as the typical bank in the first group. The
typical bank in the second group, however, reported net profits of $8,27
on $100 of invested capital which was about four times the rate earned by
the first group, owing to the fact that the first group had a 50 per cent
higher ratio of invested capital to loans and investments*




- if« -

Table lb - Annual Net Profits and Invested Capital per $100 of Loans
and Investments and Net Profits per $100 of Invested
Capital of National Banks Grouped "y
bSize of Loans and Investments
Average I926-I93O

Size group
loans and investments

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

Invested
Net profits
capital
per $100 of per $100 of
loans and
loans and
investments investments
$0.02
0.50
0.70
0.9S
0.99
1.05
1.13
1.14
1.21
1.37

$32.87
22.71
19.36

i s . 29
17.62
16.97
16.05
15.64

15. Sk
17.09

Net profits
per $100 of
invested
capital
$0.0S
2.06
3.S7
5.61
5. S3
6.56
7.^7
7.76
S.27
S.6U

Note: If figures in column 1 are divided by figures in column
2, the results will not exactly equal column 3» due to the
fact that ratios given for groups of banks axe not the ratios
that would "be obtained " y treating all "banks in a group as
b
one big bank, but are ratios typical of the group obtained by
averaging the ratios of all the banks in the group, giving
each bank a weight of one.

These figures raise the question as to why small banks operate
with a higher capital base than large banks. Under the National Bank Actf
banks in towns of a population in excess of 6,000 but not in excess of
50,000 must have a capital of $100,000. In towns the population of udiich
exceeds 3*000 but does not exceed 6,000 the minimum capital may be $50,000;
in towns the population of which does not exceed 3>000 minimum capital must
equal $25,000. All national banks are required to carry 10 per cent of
their net profits to surplus until the surplus is equal to 20 per cent of
capital.




- 49-

At $l6 of invested capital per $100 of loans and investments, a
ratio sustained " y many of the larger banks, the minimum amount of loans
b
and investments of a $30,000 invested capital "bank would " e $lS7f 500;
b
an invested capital of $120,000 would support $750,000 in loans and investments. There were, in 1930, 300 national "banks which had less than
$150,000 of loans and investments, and doubtless there are many larger
hanks trying to live where they cannot accumulate a volume of "business
sufficient to cover expenses and losses. This places an undue strain
on management*

To show satisfactory results hanks must have a large

enough volume of "business to support the amount of their invested capital*
A later chapter will "bring out the fact that there has "been
a large increase in the volume of "business compared to invested capital
among national "banks in the aggregate over the past thirty years. Canadian and English experiences with reference to the relation of invested
capital to volume of "business show that the large hanks of those countries
have even smaller ratios of invested capital to loans and investments than
the typical large national hank. Among the "Big Five" hanks of England
in recent years there has "been as little as $6 to $7 of hook invested
capital to $100 of loans and investments; in Canada, $10. Hidden capital
reserves, however, are said to he high in "both of these systems.
In this connection it should he noted that some of our largest
national hanks have more capital funds compared to loans and investments
than many of the medium sized hanks.

In most size groups the hanks of the

industrialized Northeast have more invested capital relatively than hanks




- 50 ~

in the agricultural Mid-continent States.

In the size group $150,000-

$250,000, for example, northeastern national "banks had an average of
$26*50 of invested capital per $100 of loans and investments for the
period 1926-1930, while mid-continent hanks had hut $22.50.

In the size

group of $5,000,000 and over, the figures were respectively $16.70 and
$13.56.
The problem of the proper ratio of capital funds to the volume
of business involves, of course, a compromise between two objectives. On
the one hand, the safety- of deposits is greater when the ratio of capital
funds is high.

On the other hand, a close margin of profit on deposits

converts into a more satisfactory rate of return on the smaller invested
capital.

Geographic Variations in Expenses of Banks
In order to determine how items of earnings and expenses vary in
an industrial area as contrasted with an agricultural area, comparisons
have been made between the Northeastern States and the Mid-continent
States.

Chart 15 shows that gross earnings per $100 of loans and invest-

ments in the Northeastern States vary little from small bank to large
bank.

In the Mid-continent States, on the other hand, the rate of gross

earnings is substantially higher for smaller banks than for the larger
banks.

The figures for both gross earnings and net profits per $100 of

loans and investments are given in Table 17. The fact that both the rates
on customers1 loans and the proportion of funds invested in such loans are
higher in the Mid-continent States than in the Northeastern States is doubtless reflected in the higher gross earnings in the fomer region.







- 51 -

CHART 15
ANNUAL GROSS EARNINGS OF NATIONAL BANKS
IN NORTHEASTERN AND MID-CONTINENT STATES
PER $100 OF LOANS AND INVESTMENTS
Banks Grouped According to Size of Loans and Investments
Average 1926-1930

- 52 -

Table 17 - Annual Gross Earnings and Net Profits per $100 of Loans and
Investments of National Banks in Northeastern and Mid-continent
States, Banks Grouped by Size of Loans and Investments
Average 1926-1930(1)

Size group
loans and investments

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5|000,000
5,000,000 and over

Gross earnings
North- Mid-contieastern
nent
States
States

$6.Uo
6.32
6.29
6.32
6.33
6.27
6.2S
6.15

$9-33

8.69
7.9s
7.SU
7.31
7.15
7.01
6.62

Net profits
North- Mid-contieastern
nent
States
States
$-0.28(2)

O.96
1.11
1.31
1.27
1.27
1.2U
1.21

$0.03
0.34
0.55
0.83
0.81
0.82
1.02
1.12

(l) Detailed data for national banks in Northeastern and Mid-continent States, by years, appear in the appendix, Table Xa-f and
Table XIa-f.
(2) Net deficits.

Chart 16 gives the rates of gross earnings and net profits per
$100 of loans and investments for Iowa State hanks by size groups*

In the

size group $150,000-$250,000 the typical Iowa State bank earned $7.52 gross,
compared with $6.65 for banks of more than $2,000,000 loans and investments.
The fact that mid-continent national banks showed a higher rate of gross
earnings than Iowa State banks may be due in part to the higher interest
rates prevailing in other Mid-continent States*
Chart 17 brings out the variations in expense items and net
losses between banks in the Northeastern States and the Mid-continent
States, and Table IS gives the figures. As to interest on deposits, there
was little difference, but for salaries and wages, other expenses, and net
losses decided contrasts appear.

In the Mid-continent States net losses

were larger through all size groups than in the Northeast, reflecting




- 53 -

CHAET 16
ANNUAL GROSS EARNINGS AND NET PROFITS OF IOWA STATE BANKS
PER $100 OF LOANS AND INVESTMENTS
Banks Grouped According to Size of Loans and Investments
Average 1926-1930
Dollars




Dollars




- 54 r

CHART 17
ANNUAL EXPENSES AND NET LOSSES OF NATIONAL BANKS
IN NORTHEASTERN AND MID-CONTINENT STATES
PER $100 OF LOANS AND INVESTMENTS
Banks G-rotcped According to Size of Loans and Investments
Average 1926-1930
New England and
V%\ Western G/afn and
Middle At/antic States EzJ Southwestern States
•

- 55 -

perhaps a higher average risk in the foraer area.

In loss experience,

however, large banks of the Mid-continent States make almost as favorable
a record as the northeastern hanks* Most small hank groups in the Northeast compare favorably with large banks theref hat the small banks of the
Mid-continent States did not make such a good showing.
In the matter of operating expenses there is again a sharp contrast between the small banks of the Northeast and the Mid-continent States,
It takes much less in salaries and wages in a year to handle $100 of business measured in loans and investments in the small banks of the Northeast
than in those of the Mid-continent States. This is true also of other
expenses.

Table IS - Annual Expenses and Net Losses per $100 of Loans and Investments
of National Banks in Northeastern and Mid-continent States
Banks Grouped by Size of Loans and Investments
Average 1926-1930(1)

Size group
l o a n s and investments

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2 , 0 0 0 , 0 0 0 - 5,000,000
5,000,000 and over

Interest
Other
Salaries
Net 1 o s s e s
on d e p o s i t s
and wages
expenses
N o r t h - Mid- n o r t h - Mid- N o r t h - Mid- N o r t h - Mideast- conti
east- conti- east- conti- east- contiern
nont
nent
nent
ern
nent
ern
ern
States States States States States States States States

$1.39 $1.27
I.56
1-75
1.90
2.01
2.12
2.2S

2.39
2.33

2.00
2.12
2.09
2.12
2.08
2.13

$2.12

I.76
l-*3

1.30
1.21
1.15
1.09
1.05

$2.95 $ 1 . 1 1 $1.96
2.22
0.57
1.66
1.78
0.6l
1.^3
1.55
0.59
1.19
1.1+1+
O.63 1.1U
1.1+1
O.56 1.11
O.99 1 . 1 + 2
O.56 0.90
1.00
O.55 0.66
1.35

$3.63 $2.05
2.71
2.22

1-93
1.S3
1.70
1.60

I.36

1.1+g
I.23
1.12
1.09
1.01

(l) Detailed data for national banks in Northeastern and Midcontinent States,
hy years, appear in the appendix, Table Xa~f and Table XIa~f.

Costs of Iowa State Banks. - Chart IS shows that the differences
in operating costs between banks in Iowa in various size groups followed the







- 56 -

CHART 18
ANNUAL EXPENSES AND NET LOSSES OF IOWA STATS BANKS
PER $100 OF LOANS AND INVESTMENTS
Banks Grouped According to Size of Loans and Investments
Average 1926-1930

u 57 -

general pattern observed for national "banks in the Mid-continent States.
Expenses in Iowa, however, are apparently lower in general than in some
of the other Mid-continent States. The group of banks $150,000~$250,000
reported annual average salaries and wages of $1.91» other expenses of
$1.42, and net losses of $1.30 per $100 of loans and investments, while
for hanks of $2,000,000 and over these figures were $1.17, $1*05* and
sixty-six cents, respectively.

Thus, if Iowa State hanks may he taken as

representative of State hanks in general, the same contrasts in operating
ratios are to he found "between small and large State hanks as between small
and large national hanks, the large "banks having lower expenses and smaller
net losses per unit of business.
That State banks in Iowa pay more interest on deposits per $100
of loans and investments than national banks, as shown in Table 19* is
probably due to the fact that the ratio of time deposits to gross deposits
in that State is substantially higher among State banks than among national
banks.

Table 19 - Annual Gross Earnings, Expenses, Net Losses, and Met Profits
per $100 of loans and Investments of Iowa Banks
Grouped by Size of Loans and Investments
Average 1926-1930(1)
Gross
Size group
earnings
l o a n s and
Nainvestments tion- S t a t e
(000 o m i t t e d ) a l banks
banks

Inte rest
on de_ P o s i t s
Nation- State
al
"banks
"banks

Other
Salaries
and wages
e:rpenses
losses
naNaNation- S t a t e tion- S t a t e tion- S t a t e
a l banks a l banks a l banks
"banks
"banks
banks

Net p r o f i t s
National
banks

State
banks

Under $150
$7.S6 $g.o6 $2.12 $2.79 $2.23 $2-1+5 $2.18 $1.79 $3-42 $1.72 $-2.09(2) $-0.69(2)
150 - 250
7.55 7.5s 2.36 2-93 2.12 1.91 1.79 1.42 2 . 4 1 1.30 - 1 . 1 3 ® 0.01
250 - 500
0.25
7 . 1 1 7 . 2 4 2 . 4 1 3.02 1.7S 1.59 1-39 1.17 1.9S 1.15 -0.45(2)
500 - 750
7 . 0 1 2.69 3.30 1.50 1.39 1.11 O.96 l.»*6 O.96 0.19
0„3S
6.95
750 - 1,000 6.45 6.66 2.68 3.08 1.39 1.27 0 . 9 1 0 . 9 4 1.35 O.76 0 . 1 2
0.60
O.54
1,000 -2,000 6.31 6.72 2.59 3 . 3 4 1.33 1.13 O.96 0.92 1.09 0.79 0 . 3 4
1.20 1.05 1.12 0,66 0.42
0.70
2,000 and over 6.40 6.65 2 . 3 1 3.07 I . 3 6
1
(1) Detailed data for Iowa State "banks, " y years, appear in the appendix, Table
b
XHa-f.
(2) Net deficits.




- 58 -

Annual Variations in Earnings and Expenses
Chart 19 shows to what extent the operating experiences of
individual years departed from the average for the five year period,
1926-1330, covered " y this study.
b

In order to "bring the statistics within

a manageable compass, it was desirable not to present all of the various
size groups but, as elsewhere in these paragraphs, the groups, $150,000$250,000 of loans and investments and $5,000,000 and over, are used.
Little variation from year to year appears with respect to interest on
deposits, salaries and wages, and other expenses, but larger differences
can be seen in the case of gross earnings and net losses. .Among large
banks the easy money period of 1927 and 1928 finds expression in a lower
rate of gross earnings on loans and investments. Agricultural difficulties are recorded in the higher net losses of banks with loans and investments of $150,000-$250,000 in the Mid-continent States in 1926 and 1927,
while the effect of the recent depression cornes out in the net losses in
193° of both groups of banks in both the Northeast and in the Mid-continent
States*

In general these detailed figures indicate that the five- year

averages are reasonably representative of the several years.




* 59 CHART 19
MMJAL GROSS EARNINGS, EXPENSES, AND DTET LOSSES OF NATIONAL BASKS
III NORTHEASTERN AND MID-CONTINENT STATES
IN T O SIZE GROUPS
W
1926-1930
Northeastsrn States £J Mid Continent States
DOLLARS
10




BANKS WITH LOANS AND INVESTMENTS
OF # 150,000 TO * 250,000

BANKS WITH LOANS AND INVESTMENTS
Of # 5,000,000 AND OVER
DOLLARS
10

CHATTER IV

B A M PROFITS AND ECONOMIC TRENDS. 1890-1931

The earning and expense records of individual "banks for
years prior to the war are not available, and it is, therefore, impossible to determine whether the record of banks of different size
groups in earlier years was the same as in the five year period 19261930 covered in detail in this study.
Some major long-term trends in hank profits, however, have
been associated with the general factors which have brought about the
banking conditions prevailing since 1920. Changing economic conditions form the setting for developments in the field of banking during the past decade. Price changes, business depressions, and bank
failures are not new in the country's history, but, in view of banking reforms based on earlier experiences, the public had developed
the belief prior to 1920 that the banking system had achieved a
stability more favorable to weathering the ups and downs of general
business.
A bank, perhaps more than any other type of institution,
needs to fortify itself against depression, and the management is
properly expected to strengthen its position in good years in order
to be prepared for the problems of lean years. Not only must bank
management cope with the short-term ups and downs of business, but




~6o~

- 61 -

it mast also confront the problems presented " y long time tendencies*
b
In view of the hanking record in this country during the past ten
years, it is significant that both the English and Canadian systems
have shown a noteworthy degree of stability and safety, sometimes
under even more trying conditions than those which have prevailed
here.
There have been forces of expansion in operation since the
beginning of this century which have a direct hearing on many hanking
problems of recent years. The effects of these forces, many of which
center around price movements, were accelerated in some respects during
the war years and modified in others.

Wholesale prices rose gradually

from the middle nineties to 1915 and rapidly from 1915 to 1920, so that
on the latter date they were over three times as high as twenty-five
years earlier.

In 1920 and 1921, however, they declined rapidly and

after a period of relatively moderate fluctuations were in 1929 about
twice as high as in 1895•

The volume of production was almost three

times as high in 1929 as in 1895•

The changes in wholesale prices

and production are shown in Chart 21. (^)

v 1 ) Figures appear in the appendix, Table XIII.







- 62 CHART 20
ANNUAL GROSS LOSSES PER $100 OF LOANS AND INVESTMENTS OF NATIONAL
BANKS AND NUMBER OF BUSINESS FAILURES PER 100 ACTIVE
BUSINESSES (BRADSTREET'S), 1890-1931

CHART 21
PERSON'S INDEX OF VOLUME OF PRODUCTION OF CROPS, MINERALS, AND
MANUFACTURERS (AVERAGE 1 9 0 9 - 1 9 1 3 = 1 0 0 ) AND DEPARTMENT'Of
LABOR'S INDEX OF WHOLESALE PRIC1S ( 1 9 2 6 = 1 0 0 ) , 1 8 9 0 - 1 9 3 1

-63With the disappearance of the frontier and the growth in the
world*s demand for agricultural products, the prices of farm commodities
rose even faster than the general price level, and in 1920 were about
three and one-half times as high as in 1895•

This was accompanied dur-

ing most of the period by an even more rapid rise in farm land values,
which for the United States as a whole increased nearly 300 per cent
during the same period, as shown in Table 20.

Table 20 - Index of Price per Acre of Farm Real Estate
in the United States, 1290-1931 U )
(1912-191U « 100)
Year
1S90
1900
1910
1911
1912
1913

Price 1 1 Year

^9
**5
91

3k

97
100

19lU
1915
1916
1917
1918
1919

Price i [ Year

103
103
10S
117
129
1U0

1920
1921
1922
1923
I92U
1925

Price ]["Year

170
157
139
135
130
127

1926
1927
192S
1929
1930
1931

Price
12l+

119
117
116
115
106

(1) Deijartment of Agr:Lculture figures3.
With rising commodity prices and land values, and the growing
volume of "business, the net profits of banks per $100 of loans and investments averaged relatively high during the early years of this century, while business failures and bank losses per $100 of loans and investments were low (Charts 20, 22, and 23)- The result was a competitive scramble in the establishment of banking institutions which lasted
over twenty years*

Capital requirements were lowered and insufficient

attention was paid to the qualifications of those to whom bank charters
were granted.

The number of State and national brinks increased from

2,73S in 1900 to 21,US6 in 1910, and to 28,659 in 1920.

In other words,

the number of banks in the country more than doubled during the first
decade and more than trebled by 1920.

(These figures do not include

private banks or mutual savings banks.)




- 64 -

CHART 22
AN5UAL GROSS EARNINGS, EXPENSES, GROSS LOSSES, AND NET PROFITS
OF NATIONAL BANKS PER $100 OF LOANS AND INVESTMENTS
DOLLARS




IW0-I93I

DOLLARS

- 0? -

The principal part of the increase occurred in the small towns and rural
communities which were experiencing a period of prosperity through the
rise in farm prices and land values.

In spite of the growth in size of

the large city institutions, the number of small "banks organized was so
great that the average size of all banks in the country changed little
until after 1915*

In fact the average size in 1915 ^ s slightly less

than in 1900*
It is the general experience in industry that competition moves
in the direction of narrowing the margin of profits per unit of output«
Management looks then to large scale production or increased capital turnover to sustain a satisfactory rate of net profits on invested capital.
Something like this appears to have happened in American banking over the
past three decades. While gross earnings per $100 of loans and investments
rose rapidly, especially after 1905i expenses rose even more rapidly, as
shown in Chart 22. In proportion to the volume of business, therefore,
net profits declined rather sharply from 1900 to 1922, and after a few
years at a relatively stable level dropped again in 1930 and 1931* ~ile
average net profits per $100 of loans and investments for the years 19011910 were $2-26, and for 1922-I93I, $1.13, representing a reduction of 50
per cent.
This decline in the rate of net profits per $100 of loans and investments, however, was offset in part by an increase in the volume of business per $1 of invested capital. This is illustrated in Chart 23 and Table
21»

The average ratio of invested capital to loans and investments was $1 to

$3.62 in the years 1901-1910, while it was $1 to $5»91 during the years
1922-1931*

Net profits per $100 of invested capital for the two periods,

therefore, were $S#29 and $6.70, respectively, a reduction of only 19«2




- 66 -

CHART 23
ANNUAL NET PROFITS OF NATIONAL BAMS PEE $100 OF INVESTED CAPITAL
AND PER $100 OF LOANS AND INVESTMENTS AND LOANS AND INVESTMENTS
PER $1 OF INVESTED CAPITAL OF NATIONAL BANKS




- 67 per cent.

This narrowing of the margin of n e t p r o f i t s p e r $100 of l o a n s and

i n v e s t m e n t s emphasizes the changed c o n d i t i o n s which have developed over t h r e e
decades a s a r e s u l t of c o m p e t i t i o n .
Table 21 - Annual Net P r o f i t s p e r $100 of I n v e s t e d C a p i t a l and p e r $100
of Loans and I n v e s t m e n t s and Loans and Investments p e r $1 of
I n v e s t e d C a p i t a l of N a t i o n a l Banks, IS9O-I931I 1 )
,.

1

». .

Loans and j
investments I
p e r $1 of
Year^ 2 )
invested
I n v e s t e d Loans and
c a p i t a l investments
capital
Net ;p r o f i t s
p e r $100 of

Yeax^ 2 )

1890
1891
1892
1893
1891+
1895
189 6
1897
1898
1899
1900
1901
1902
1903
190U
1905
1906
1907
1908
1909
1910

$7.71
7.67
6.59
6.68
1+.19

^.75
5.06
4.6o
5.2U

5.7H-

S.61
7.70
9.00
S.55
8.37
7.53
8.55
9.1+9
7.87
7.52
S.33

$2.39
2.29

$3.23

3.35

2.1+3

2.71
2.91
1.76
1.90
2.0U
1.80
1.8U
1.72
2.55
2.12
2.5^

2.30
2.38
2.50
2.1+8
2.56
2.85
3.3^
3.37
3.6U
3.5^
3.51
3.52
3.67
3.70

2.1+1+

2.3S
2.05
2.31
2.50
2.11
1.96
2.1S

3. so
3.73
3.25
3.S2
l

• , . . , , „ .

1911
1912
1 1913
j 191**
1915
1916
1917
j 1918
| 1919
| 1920
1921
j 1922
1 1923
192U
! 1925
; 1926
j 1927
1 1928
j; 1929
; 1 1930
| 1 1931
1

Loans and
investments
p e r $1 of
invested
I n v e s t e d Loans and
capital •
c a p i t a l investments
Ket ]p r o f i t s
p e r .$100 of

$8.12
7.51
7.87
7.28
6.03
7.1+9
S.31+

3M
10.17
10.76

7.73

6.1+5
7.08
6.71

7.5^
S.07
7.79
7.57
g.21
6.19
1.1+0

1

$2.12
1.90
2.00
1.79
1.1+5
1.56
1.61+
1.56
1.5*+
1.70
1.^3
1.16
1.20
1.11+
1.22
1.29
1.21+
1.21
1.1+1
1.13
0.25

$3.23
3.95
3.9^

1+.08
U.15
1+.S1
5.1+0
6.05
6.62

6.33
5.1+2

5.55

5.88
5.27
6.20
6.21+
6.28
6.25
5.81+
5.U8
5.55

1

( 1 ) A c t u a l f i g u r e s i n the appendix, Table XIV, and Table 1, p . 2 , in Chapter I .
' 2 ) F i s c a l y e a r s ending August 3 1 , 1S90-1906; t e n months September 1, 1906-June 30,
1907; f i s c a l y e a r s ending June 30, 1908-1931.
The overbanked c o n d i t i o n , which reached i t s peak Sxiortly a f t e r
1920, caused u n i t s s t r u g g l i n g f o r e x i s t e n c e to i n c r e a s e s e r v i c e s to t n e i r
c l i e n t s , thus adding t o e x p e n s e s .

I t served to i n t r o d u c e i n t o many banks

h i g h r i s k and m a r g i n a l b u s i n e s s , which have c o n t r i b u t e d to the p i l i n g up of
bank l o s s e s i n the p a s t decade.




- 6s ~
Furthermore, certain changes were going on during the period of
expansion, in the kind and quality of business transacted by commercial
banks. Additions to the monetary gold stock of this country and the successive reductions in reserve requirements provided by the Federal Reserve
Act and its amendments put banks in possession of easy reserves. Additions to reserves placed the banks under temptation to expand, and to use
commercial bank credit to support capital commitments, or putting it the
other way, a tendency to invest demand deposits in long time enterprises.
These tendencies had an important effect upon the quality of assets of
many banking institutions, which were constantly reaching for high yields.
A factor in the growth of long-term commitments of commercial
banks has been the fact that these banks which hold the country's demand
deposits, representing the principal part of our medium of current payments,
have the custody of a large amount of deposits representing real savings.
In many cases these savings deposits are in practice also payable on demand.
At the same time, bidding for savings by offering high rates of interest on
deposits has been a common practice. Many banks have cultivated a type of
business in which they in effect interposed their guarantee between the
savings depositor and the long-term borrower.

In effect they became partly

investment trusts, with a large part of their liabilities payable on demand
or short notice.
Chart 2k shows the rapid groY/th of securities, loans on securities .and loans on real estate in national banks from 1915 through 1930*
The increase in capital commitments, however, ha.s been even larger than is
indicated by this classification, since a substantial proportion of the




- 69 -

CHART 24
GROWTH OF SECURITIES fflD LOANS ON SECURITIES
AND ON REAL ESTATE IN NATIONAL BANKS

BILLIONS OF DOLLARS

V*




1915-1932

BILLIONS OF DOLLARS
1*f

- 70 -

technically short-term loans of many institutions, especially in the
agricultural districts, were in effect long-term commitments. Often
they were unsecured and were no better than a second or third lien on
farm lands at inflated values. The prior liens were usually held " y
b
other lending agencies. An examination of tne assets of failed hanks
brings out the fact that many of these loans which were short-term in
form had been running for five, ten, fifteen years, or even longer.
Many managers, having received all their banking experience during a
period of rising prices, grew less cautious in the matter of making
loans*
The consequence was that part of the portfolio of a great
number of commercial banks consisted of capital loans, which, in many
cases, were inferior in quality to those held by the competing life
insurance companies, building and loan associations, Federal land banks,
joint stock land banks, and savings banks*

This type of asset caused

no trouble during a period pf rising prices, but was wholly unsuited
to the period of falling prices which gradually undermined equities
beneath capital values. Losses accumulated gradually over a period of
years and ultimately had to be dealt with.

Losses incidental to loans

on self-liquidating paper of business become apparent in a short time
and are usually absorbed currently*

This is less true with respect to

long-term loans on capital values, where losses may accumulate over a
period of years without being written off. When the final accounting
comes, through bank suspension or otherwise, the bank's equity in many




- 71 -

cases has largely disappeared.

The effects of this tendency can " e
b

traced in the natter of losses sustained " y stockholders and depositors
b
following the liquidation of failed institutions. The estimates in the
Committee!s study of suspensions, covering the period 1921-1930> show
that in liquidating "banks the loss to general depositors has averaged
from Ho to 50 per cent of their deposits.
The effects of these factors were most apparent from 1921
to 1929 in the agricultural districts where land values declined continually • Many "banks with small resources, limited facilities, and
restricted activities found it particularly difficult to cope with the
situation. Their assets came largely from one industry, and when that
industry was not prosperous they suffered the consequences, especially
where improvident loans had been granted.

Daring 1930 and 1931* " l w
fo-

everf hanks in other districts were similarly affected through the
decline in the prices of securities and urban real estate.
In countries where a commercial banking tradition exists,
such as Canada or England, it is a fundamental principle that deposits
payable on demand or short notice may not with safety be locked up in
long-term commitments. Many of the banks of deposit in this country
have operated along lines not consistent with that principle.
For example, rural banks have not confined their financing
to the current short-term needs of the farmer, but have supplied him
capital in large proportion to their total loans and so eventually became heavily implicated in the farm real estate boom and its collapse.




- 72 -

In the "banking troubles that followed, one out of every two banks with
loans and investments of less than $500,000 in agricultural regions
failed.

Some of the larger institutions have also experienced serious

difficulties, but as a rule they have enjoyed greater stability*

Part

of the advantage of the larger banks was inherent in their size which
facilitated a better diversity of risks.

Trend in Gross Barnings
The rate of gross earnings of national banks has tended to
vary with the movements of interest rates. The relationship is natural
since a large proportion of gross earnings of banks is interest.

Gross

earnings per $100 of loans and investments rose faster than interest
rates from 1905-1921, however, and the spread between the two is still
substantially higher than in the early years of the century.

This is

illastrated in Chart 25 and Table 22 which compare the rate of gross
earnings per $100 of loans and investments with the average annual
yield on sixty high-grade bonds as computed by the Standard Statistics
Company.

Tor the five years 1927-1931 the rate of gross earnings was

$6.US as compared with an average of $5»0S during 1901-1905> a rise
of nearly 30 per cent. The rate of gross earnings on loans and investments at &§• per cent in recent years compares with around U| per cent
for bond yields.







- 73 -

CHART 25
ANNUAL GHOSS EARNINGS OF NATIONAL BANKS PES $100 OP LOANS AND
INVESTMENTS AND STANDARD STATISTICS COMPANY'S ANNUAL
AVERAGE YIELDS ON 60 BONDS

- 74 -

Table 22 - Annual Gross Earnings p e r $100 of Loans and Investments of
N a t i o n a l Banks and Bond Y i e l d s , 1890-1931

Year

189 0
1891
1S92
189 3
189 4
1895
1S96
1S97
1S9S
1899
1900
1901
1902
1903
1904
1905
1906
1907
1908
1909
1910

Gross
earnings
per $100 of
loans and
investments^-W
$6.49
6.70

e.ok

6.41
5.87
5.50
5.85
5.59
5.27
4.95
5.66
4.S7
5.28
5.20
5.25
4.81
5.06
5.16
5.35
5.19
5.70

Bond J
yields(2) j Year
(per cent)

1

/ _\

5.08<3)
! 5.39(3)
1
5.98^3)
I 4.45(3)
4.17(3)
4.34(3)
4.39(3)
3.83(3)
4.11(3)
4.15
4.07
4.o6
4.24
4.23
4.06
4.18
4.51
4.55
4.33
4.44

1911
1912
1913
1914
1915
1916
| 1917
i 1918
1919
1920
1921
! 1922
j 1923
i 1924
j 1925
| 1926
j 1927
1 1928
i I1929
| 1930
1931

Gross
earnings
per $100 of
loans and x
investments'-^
$5.80
5.74
6.20
6.17
6.05
5.84
5.62
5.98
5.96
6.S2
8.09
7.01
6.51
6.47
6.32
6.42
6.27
6.19

6.so
6.70
6.44

Bond
yields'2)
(per cent)
4.43
4.46
4.64
4»5S
4.6o
4.53
4.80
5.23
5.25
5.88
5.79
4.94
4.98
4.85
4.72
4.60
4047
4.49
4.70
4.52
4.70

(1) For f i s c a l y e a r s ending August 3 1 , 1S90-1906; t e n months
September 1, 190b-June 3 0 , 1907; f i s c a l y e a r s ending June
30, 1908-1931. A c t u a l f i g u r e s i n the appendix, Table XIV.
(2)

Yields on 60 bond issues, Standard Statistics Company, on
a calendar year basis.
(3) Standard Statistics Company*s bond yields are not available
before 1900. 1890-1899* three year moving average of Standard Statistics Company!s compilation of annual average interest rates on h to 6 months1 commercial paper.
It was not until 1918 that the Comptroller of the Currency
began to publish the components of the gross earnings of national
banks. Table 23 presents these components for the years 19 IS-1931.




- 75 -

In 1918 there was about $5.98 of gross earnings per $100 of loans and
investments, $0.38 of which came from sources other than interest and
discount and recoveries*

In 193* there was $6»U4 of gross earnings per

$100 of loans and investments, $0«95 of which came from such outside
sources. The increasing proportion of gross earnings which has been
derived of recent years from sources other than interest and discount
has been a factor in sustaining the rate of gross earnings.

Table 23 - Distribution of Annual Gross Earnings per $100 of Loans and
Investments of National Banks, 191g~193lU)
Interest
Total
I n t e r e s t on b a l Year gross I n t e r e s t on inances
ending earn- and d i s - vestwith,
June 30 ings count (2) ments
other
hanks
191S
1919
1920
1921
1922
1923
19 2U
1925
1926
1927
192S
1929
1930
1931

$5.98
5.96
6.S2
8.09
7.01
6.51
6.47
6,32
6.4 2
6.27
6.19
6.so
6.70
6.44

$5.^7
5.4i
6.09
7.30
6.o4
5.56
5.64
5.30
5.^3
3.77
3.66
4.16
4.15
3.65

$1.3^
1.39
l.%
1.37
1.53

$0.13
0.12
0.11
0.11
0.13

Domestic
Trust P r o f i t s
Reexchange Foreign deon se- AH
and col- exchange p a r t - curities other covlection charges ment
eries
sold
charges
$0.12
0.12
0.16
0.13
0.10
0.09
0.09
0.09
0.09
0.0s
0.08
0.0s
0.08
0.07

$0.l4
0.10
0.07

o.o4
0.07

o.os
0.07
0.06
0.06
0.06
0.07

$0.03
0.03
0.0U
0.05' $0.26
0.07! 0.26
0.16
0.10
0.19
0.11
0.24
0.13

$0.26 $0.12
0.29 0.13
0.42 0.14
0.35 0.16
0.50 0.27
0.49 0.30
0.47 0.20
0.60 0.22
0.54 0.23
0.4o 0.17
0.37 0.17
0.47 0.17
0.48 0.15
0.44 0.1?

(1) Actual figures in the appendix, Table XV.
\ w For years 1918 to 1926, inclusive, tiiis item includes interest on investments
and interest on "balances with other banks.




- 76-

Trend in Expenses of Banks
Expenses of national banks per $100 of loans and investments
rose over 150 per cent from the beginning of the century to 1921. This
compares with an increase of about 1 5 per cent in gross earnings per
+
$100 of loans and investments during the same period.

While expenses

have declined since 1921, they are still running more than 100 per cent
above the average during 1901-1905»

Gross earnings, on the other hand*

are about 30 per cent higher. These comparisons were shown in Chart
22 and the figures for expenses per $100 of loans and investments of
national banks from 1890-193* a re given in Table 26.
It is difficult to arrive at definite conclusions as to
the factors which have been chiefly responsible for this rise in bank
expenses per $100 of loans and investments, because the long-term records do not divide the figure for expenses of national banks into its
component parts. It was also in 1918 that the Comptroller of the Currency began to make a considerable division in expenses, and conditions
have been so abnormal since that date that the figures indicate little
as to trends. Total expenses reached their peak in 1921 at $5^7 per
$100 of loans and investments, and declined to $U.5U in 193**

The

various items of expenses have declined since 1921, with the exception
of interest on deposits which has risen somewhat. The decline in salaries
and wages has been very slight, but reductions in taxes and interest
on borrowed money have been substantial. Table 2h shows the details
of national bank expenses for each year since they became available
in 1918.




- 77 -

Table 24 ~ Distribution of Annual Expenses per $100 of Loans and Investments
of National Banks, 1312-1931(1)
Interest
Year
Salaries and d i s - I n t e r e s t I n t e r e s t
I n t e r e s t Other
Total
ending
count on on bank on demand on time
Taxes
and
expenses
expenses
June 30
wages borrowed deposits d e p o s i t s ' ^ ) deposits

money
1918
1919
1920
1921
1922
1923
1924
1925
1926
1927
192S
1929
1930
1931

$3.75
3.91
4.43
5.47
4 . S3
U.36
4.1+7
4.34
4.37
4.33
4.29
4.b0

4.59
4.54

$0.38
0.42

o.Us

0.57
0.50

o.4o
0.39
0.36
0.36
0.34
0.31
0.31
0.30
0.31

$0.84
0.89
1.06
1.34
1.25
1.20
1.23
1.18
1.19
1.19
1.18
1.27
1.27
1.32

$0.15
0.35
0.50
0.78
0.30
0.15
0.16
0.08
0.10
0.10
0.09
0.17
0.11
0.04

$0.28
0.26
0.21
0.19
0.22

$1.79
1.66
1.73
1.92
1.86
1.S9
1.9s
2.03
2.01
0.62
0.5s
0.59
0.59
0.51

$1.10
1.19
1.31
1.32
1.3S

$0.60
0.58
0.67
0.85
0.72
0.72
0.72
O.69
0.71
0.70
0.70
0.74
0.78
0.76

(1) Actual figures in the appendix, Table XVI,
(2)
Includes interest on bank deposits and time deposits for years prior to 1927•
Expenses among Kansas State Banks. - A classification of bank
expenses during the earlier years of the century is available in the
figures for the State banks of Kansas, collected and aggregated by the
State superintendent of banking.

Chart 26 and Table 25 present annual

interest on deposits, salaries and wages, and other expenses per $100
of loans and investments for Kansas State banks from 1902 through 1929
and for all national banks from 19IS through 1931. A comparison of
the national bank figures, available for 191S and subsequent years,
with those of Kansas State banks indicates an approximately equal burden

of interest on deposits in the two classes of banks. This is con-

sistent with the findings of the analysis of 1926-1930 which indicated
little difference in the burden of interest on deposits between the
Mid-continent States and the average of the whole country.







- 78 -

CHART 26
iiMUiiL EXPENSES OF KANSAS STATE BAMS, 1 9 0 2 - 1 9 2 9 , AND
OF ALL NATIONAL BANKS, 1 9 1 8 - 1 9 3 1 , PEE $100 OF
LOANS AND INVESTMENTS

- 79 -

The f a c t t h a t s a l a r i e s and wages and o t h e r expenses have "been lov^er f o r
a l l n a t i o n a l t a n k s than f o r Kansas S t a t e "banks throughout t h e p e r i o d i s
a l s o i n accord w i t h o b s e r v a t i o n s r e c o r d e d i n a p r e v i o u s c h a p t e r t h a t
banking c o s t s a r e h i g h e r p e r u n i t of b u s i n e s s i n the Mid-continent a r e a
t h a n the average f o r the c o u n t r y a s a whole.
Table 25 - D i s t r i b u t i o n of Annual Expenses p e r $100 of Loans and Investments
of Kansas. .State B a n k s , ' 1 ' 1902-1929, and of A l l N a t i o n a l Banks, 1918-1931
All
All
Kansas
Kansas
Kansas j S t a t e b< anks
State national State national
Y e a r ^ 2 ) I n t e r e s t S a l a r i e s Other (Year t a n k s
"banks
banks 1 banks
on
and
I n t e r e s t on
exSalaries
deposits
wages p e n s e s
deposits
and wages
1902
1903
1904
1905
1906
1907
1908
1909
1910
1911
1912
1913
1914
1915
1916
1917

$0.76
0.75
0.S9
0.92
0.99
0.9S
1.16
1.05
1.07
1.21
1.3U
1.^7
1.5S
1.60
1.63
1.95

All
Kansas
State national
banks
banks
Other expenses

$1.84 1918 $ 1 . 8 1
$1.81
$0.84
$1.13
$1.85
$1.79
1.66
0.89
2.09 1919 1.75
1.87
2.07
1.37
1.06
I.65
2.14
1.98
1.79 1920 1.72
1.73
2.21
2.23
2.46
1.92
2.19 I1921 1.81
1.34
1.80 1922 1.93
1.86
2,32
1.25
2.25
1.52
1.20
1.85
1.27
1.71 1923
2.29
2.13
i.s'9
I.23
2.38
1.27
1.77 19 2U 2.05
2.53
1.9s
2.36 1925 2.06
2.03
1.18
1.12
2.29
2.39
1.81 1926 1.92
2.01
1.16
2.12
1.19
2.33
2.38
2.08
2.01
1.91 1927 1.86
1.19
1.13
1.80 1928 1.80
2.03
1.18
2.06
1.09
2.39
2.12
1.27
1.96
1.22
1.75 1929 1.72
2.39
1.81 1930
2.10
1.22
1.27
(3)
(3)
(3)
2.11
1.32
1.11
1.87 1931
(3)
(3)
(3)
1.79
1.73
1
1
!
^ l ) I n c l u d e s S t a t e and p r i v a t e banks and t r u s t companies.
\ 2 ) Kansas f i g u r e s f o r c a l e n d a r y e a r s ; n a t i o n a l bank f i g u r e s f o r f i s c a l y e a r s ending June 30, A c t u a l f i g u r e s f o r Kansas S t a t e banks i n the appendix, Table
XVII, and f o r n a t i o n a l banks i n the appendix, Table XVI,
$2.37
2.2S
2.31
2.35
2.31
2.15
2.40
2.19
2.19
2.39
2.31
2.27
2.29
2.20
2.07
1.92

(3) Not a v a i l a b l e .
I n t e r e s t on D e p o s i t s . - I n t e r e s t on d e p o s i t s has v a r i e d more
widely t h a n s a l a r i e s and wages or o t h e r e x p e n s e s .

The t o t a l expenses of

Kansas S t a t e banks averaged $5*19 p e r $100 of l o a n s and investments f o r
t h e f i v e y e a r s 1906-1910, and $6*35 f o r t h e f i v e y e a r s 1925-1929, an i n c r e a s e of $ 1 . 1 6 .




I n t e r e s t on d e p o s i t s i n c r e a s e d $0.82 d u r i n g t h e same

- go -

period, i.e., from $1.05 to $1.87.

It would thus appear that among

Kansas State "banks the major portion of the increase in bank expenses
during the period is attributable to increasing interest on deposits.
It is unfortunate that the Kansas figures cannot be checked against
the experience in other States. It was possible to erect a limited
series for Ohio State banks, which showed that interest on deposits
did not increase as rapidly as in Kansas.
The history of expenses in Kansas banks does not suggest that
all of the increase in the cost of handling a unit of business among
national banks in the past three decades was a matter of interest on
deposits, although this element was highly important.

It is generally

believed that expenses, exclusive of interest on deposits, have risen
substantially among the English joint stock banks between the first and
third decades of this century.

Some figures indicating that this in-

crease is about one-third were assembled in the report on English branch
banking.

It is probable that increases in expenses, other than interest

on deposits, have likewise occurred in this country.
The growth of Time Deposits. - The increasing burden of interest
on deposits among national banks is directly associated with the growth
in savings deposits. It has been estimated that among American commercial
banks time deposits in 1900 were about 12 per cent of all deposits exclusive of interbank deposits. The proportion of time deposits by 1915 was
30 per cent and by 1930 more than ko per cent. Por national banks alone




- SI ~

the proportion in 1900 was U per cent; in 1915, 20 per cent; and in
1930, U3 per cent.
Bankers1 associations and clearing house organizations have
"been concerned for many years " y this growing burden of interest on
b
deposits.

It is of interest in this connection to note the situation

in the Canadian and English banking systems. Both of these systems
are comprised of but a few units which are accustomed to take concerted
action in a variety of directions, but the burden of interest on deposits per unit of business appears to be higher among the banks of Canada
and England than among the national banks of the United States. The
multiplicity of competitive factors, which bear upon the activity of
banks, seems to have forced them to look to operating costs, rather
than to lowering interest on deposits, as a means of increasing net
profits.

In a sense interest paid on deposits is in the nature of

profit sharing with bank customers, and the burden of interest paid on
deposits has been higher at the larger banks, which make larger net
profits per unit of invested capital than the smaller banks. This was
brought out in Chapter III.




- 82 -

Table 26 - Expenses per $100 of Loans and Investments
of National Banks, 1S90-1931
YearU)
1S90
1891
1892
1293
1894
1895
I89 6
1S97
1898
1899
1900
1901
1902
1903

.,—_
,!
__ ....
Expenses j Year(1) Expenses JYear(l) Expense s
$2.30
2.U4
2.38
2.5S
2.51
2.U3
2.50
2.1+8
2.29
2.17
2.13
2.01
2.03
2.07

I 1901+
1905
1906
1907
1908
1909
| 1 1910
I 1911
i 1912
1913
! 1914
j I 1915
| i 1916
! ! 1917
1

$2.17
2.17
2.18
2.16
2.1+2
2.6U
2.97
3.1^
3.30
3-53
3.61
3.69
3.66
3.^6

1 191S
1919
| 1920
| i 1921
| 1 1922
j 1 1923
1921+
j 1925
! i 1926
I 1 1927
! i 1928
I ] 1929
1930
! 1931

$3-75
3.91
U.I+3
5.^7
1+.63
U.36

k.ki
K$\

J*. 37

^33
1+.29
1+.60
^.59
U.5»+

(1) For f i s c a l years ending August 31, 1890-1906; ten
months September 1, 190b-June 30, 1907; f i s c a l
years ending June 30, 190S-1931- Actual figures
appear in the appendix, Table XIV.

Bank Expenses and Customer Services* - I t has often been
pointed out that expenses of hanks have been adversely affected over
a period of years by a tendency to increase a v a r i e t y of free services
extended to customers, some of a banking nature but many wholly outside the f i e l d of banking a c t i v i t i e s .

A committee of the American

Bankers Association^ 2 / estimated that such services cost the banks
$300>000,000 in a recent year, a part of which may be prorated to the
n a t i o n a l banking system.

On the b a s i s of t o t a l banking strength, per-

haps, $100,000,000 to $120,000,000 of the amount was absorbed by
(2)




Commercial Bank Management, Booklet No. ^> "Unprofitable Practices
and the Remedy," issued by the Commission on Banking Practices and
Clearing House Functions.

- 83 -

national "banks. During recent years, the total annual expenses of all
national "banks have aggregated slightly under $1,000,000*000.

Trend in Sross Losses
Annual gross losses^ ' for all national "banks together have
fluctuated "between $0.50 a ^& $1«65 per $100 of loans and investments
during the course of the past forty years, as is shown in Table 27. The
tendency from the "beginning of the cefttury until the outbreak of the
war was generally downward, "but sharp increases occurred during periods
of depression.
Charts 20 and 21 suggest relationships "between the year to year
developments in the rate of gross losses on the one hand and the course
of production, wholesale prices, and commercial failures^ ' on the other.
The correlation "between gross losses and changes in economic conditions
is marked.

The rate of gross losses tended to increase in such periods

of inactivity in production as those centering around 1S93> 1907t 1921,
and 1930.
During the years of rising wholesale commodity and land prices
in the first two decades of the century, the rate of gross losses for
national "banks moved generally in a downward direction.

It did not re-

quire high-grade banking judgment to avoid losses under such conditions.
Conversely the rapid fall in prices in 1921 was accompanied by a marked
increase in gross losses and the same relationship occurred in the years

^1' In earlier years, recoveries were not given separately but were included in gross earnings. Therefore, gross losses were used for all
years, 1890-1931.
(2)
Figures in the appendix, Table XIII.




-

84 -

1930 Q^4 1931* The e n t i r e past decade lias apparently witnessed the cuiail a t i o n of r e a l losses in banks doing a marginal type of business, even
though in many cases the bank managers were unwilling to face the facts
and write them off c u r r e n t l y .
Table 27 - Annual Gross Losses per $100 of Loans and Investments
of National Banks, 1890-1931
Year^ 1 )

Gross 1(YearU)
losses |

Gross i
1
losses jYoco-t )

Gross
losses

190U
$0.70 ! j 1918
$0.67
$0.95
0.91 1 1905
0.52
0.59 i | 1519
O.9U i 1906
1920
O.69
0.57 i
1.19
0.511 1 1921
0 . 9 3 ! 1 1907
1.60 !! 1908
0.81 ! 1922
1.22
1.16 j ; 1909
0.95
|
0.60 1 1S23
1.30
1910
0.86
1S9D
0 . 5 5 ! j 19 2k
0 . 5 ^ ! j 1525
0.77
1897
1.31 i i 1911
1SQS
0.75
0.5^ ! 192b
1.151 ! 1912
1.07 ! 1913
0.70
1S99
0.671 ! 1927
1900
0.93 | 1914
0.69
0.7s i j 1928
1901
0 . 7 ^ ! 1915
0.90 i 1929
o.so
1902
0.61 i ! 1930
0.9s
0.70 ; 1916
0.70 i 1917
1 1931
1.65
1903
0.53 |
i
( ^ Tor f i s c a l years ending August 31, 1890-1906;
ten months September 1, 190o~June 30, 1907;
f i s c a l years ending June 30, 1908-1931* * n
the e a r l i e r years, recoveries wore not given
separately but were included in gross earnings.
Therefore, gross losses were used for a l l years.
Actual figures in the appendix, Table XIV.
1S90
1391
1892
IS93
IS9U
1295

There i s a s t r i k i n g s i m i l a r i t y in the movement of the gross
l o s s e s of national banks per $100 of loans and investments and the number of f a i l u r e s per 100 commercial firms (Chart 20), suggesting that
f a l l i n g p r i c e s and production r e g i s t e r in the losses of banks to a considerable extent through the f a i l u r e of business borrowers.




- 85 -

The average gross losses per $100 of loans and investments for
the ten years 1922-1931

waB

$0.9^«

This was above the average for the

immediately preceding decades, but for the years 1891-1900 i t was $ l . l U .
This comparison of gross losses to loans and investments tends in a
measure to obscure the r e a l burden of losses in the past decade.

In

view of the increased volume of business per u n i t of c a p i t a l , the average
l o s s of $0.9^ per $100 of loans and investments for the ten years 19221931 represents a larger encroachment on the margin of safety than i s
at f i r s t apparent.

T h i s . i s indicated in Chart 27 and Table 28 which

show net earnings (before l o s s e s ) , gross l o s s e s , and net p r o f i t s a f t e r
losses per $100 of invested c a p i t a l ,

Gross losses have been over $4#00

per $100 of invested c a p i t a l each year since 1920.
$5«37 aad in 1931> $9*15*

In 1930 they reached

Prior to the war years they fluctuated as a

rule around $2 to $3 per $100 of invested c a p i t a l .

Three decades ago

only one-fifth of the average annual net earnings (before losses) was
absorbed by gross l o s s e s .
sorbed ^40 per cent.

In recent years, however, gross losses ab-

During the ten years 1901-1910, net earnings (be-

fore losses) aggregated $1,559>000,000, while gross losses came to
$3^6,000,000.

During the years 1921-1930, not earnings (before losses)

aggregated $3,989,000,000 while gross losses amounted to $1,6U6,000,000 #
I t i s probable t h a t , when the average margin of safety has been so narrowed for banks as a whole,, the number of individual banks year by year
whose gross losses are larger than t h e i r not earnings (before losses)
i s much g r e a t e r than i t was t h i r t y years ago.







- 86 -

CHART 8?
ANNUAL NET EARNINGS (BEFORE LOSSES), GROSS LOSSES, AND NET PROFITS
PER $100 OF INVESTED CAPITAL OF NATIONAL BANKS, 1 3 9 0 - 1 9 3 1

- 27 -

Table 28 - Annual Net Earnings (before losses), Gross Losses, and Net
Profits per $100 of Invested Capital of National Banks
1S90-1931

YearU)

1S90
1S91
IS92
1893
1894
1S95
1896
1897
1898
1899
1900
1901
1902
1903
1904
1905
1906
1907
190s
1909
1910

Net
earnings
("before
losses)

Gross
losses

$ 9.99
9-75

$2.28
2.08
2.30
2.14

7.99
7.64

3.so

8.89
8.82
8.28

2.90
3.22

7.96

3.36

8.50
9.29
11.94
10.41
XI. 49
11.00
10.85

9.69

IO.65
11.42
10.91
9.84
10.42

3.26

3.56

3.32
2.71
2.49
2.46
2.4s
2.17
2.10
1-93
3.03
2.32
2.09
, ,,.,. . - . ...

Net
profits

YearU)

1911
1912
1913
1914
1915
1916
1917
1918
1919
1920
1921
1922
1923
1924
I 1925
1 1926
i 1927
1 192s
1929
I i 1930
! 1931

$7.71 1

7.67
6.59
6.68
^.19
*+.75
5.06
4.60
5.24
5-7*+
8.61
7.70
9.00
8.55
8.37
7«53
8.55

9-^9
7-S7

7.52
S-33

1

^

Net
earnings
("before
losses)

Gross
losses

10.50
10.45

9.64

$2.07
2.13
2.63
3-17

9.76

3-73

$10.19

10.45
II.67
13.50
13.5S
15.13
14.16
13.20
12.66
11.76
12.29
12.77
12.16
11.85
12.88
10.57
10.55

2.9b
2.84
4.07

3.4i
^•37
6.43
6.75
5-58
5.05
4.75
4.71
4.37
4.29
4.67
5-37
9.15

Net
profits

$ 8.12
7.51
7-S7
7.28
6.03

7.49
8.84

9.44
10.17
IO.76

7-73
6.45
1.08
6.71

7.5^

8.07

7.79
7-57
8.21
6.19
i.4o

i

(1) Fiscal years ending August 31, 1890-1906; ten months September 1,
1906-June 30, 1907: fiscal years ending June 30, 1908-1931. Actual
figures in the appendix, Table XIV.
Losses Not Written Off Currently. - It might have been expected that the rate of gross losses would have increased more in the
past decade of banking difficulties than the chart indicates.

In this

connection, it should be noted that losses written off with respect to
assets of banks after failure are not included in the losses charted,
which represent the charge-offs against income of active banks only.




~ ss In the eleven years 1921-1931, active national banks reported
gross losses of $1,929,87^,000, while it has "been estimated that stockholders and depositors of national banks which failed in the years 19211931 have incurred or will incur additional losses of many hundreds of
millions of dollars because of write-downs after failure.

Gross losses

per $100 of loans and investments might from one point of view, therefore, be regarded as much higher than that indicated on Charts 20 and 22.
It has been pointed out that there has probably been a decided
tendency over the past two decades for banks to increase the proportion
of loans resting in the last analysis on capital values instead of upon
the flow of goods and services. Loans in bank portfolios resting upon
capital values raise special problems in periods of falling prices and
general liquidation.

The small banks of the agricultural communities

have been affected through the whole of the past decade by the progressive decrease in farm land values.
In the expansion period 1900-1920 the average price of farai
real estate in this country more than tripled, while in the subsequent
11 years it declined by nearly UO per cent.

This reverse in prices is

clearly traceable in the reported losses of active national banks. Among
country national banks(l) in the Mid-continent States the annual gross
losses written off in the years I9II-I920 averaged sixty cents per $100
of loans and investments.

In the years 1921-1931 the average was $1.52.

If the additional losses which became apparent during the liquidation of
national banks which failed in this area were taken into consideration,

(l) Those not in reserve cities.




- S9 -

the rate of loss would be much higher.
Hie large decline in security prices since 1929 has been the
contributory cause of many bank: failures in the past two or three years.
In the middle of the past decade national banks had to write off no more
than a moderate amount annually because of bond investments, which represent loans resting upon capital values. Forty cents for every $100 of
such investments was charged off during the year I927 and forty-nine
cents during 1928. This jumped to ninety-four cents during 1929, to
$1.05 during 1930, and to $2.^7 during 1931. During the summer of 1931
the administrative authorities, however, liberalized rules with respect
to writing down bonds to correspond to the markets.
Comparison between Eeserve City Banks and "CountryH Banks
A direct comparison of the long time trends in the net profits,
expenses, and net losses of smaller banks as contrasted with larger banks
is not possible because of the lack of earnings records of individual
national banks for years prior to 1921. A comparison of country national
banks with reserve city national banks, however, gives some indication of
the differences between large and small banks. Reserve city banks are
larger on the average than country banks though all reserve city bonks are
not large and all country banks are not small.
To make this comparison the country banks and reserve city banks
were segregated in the Northeastern States and in the Mid-continent States,
and the various items of earnings and expenses were computed per $100 of
loans and investments for each of the groups. The results of these computations appear in Charts 22-31.

'

New York City national banks were

(1) Figures in the appendix, Table XVIIIa-b and Table XlXa-b.




- 90 ~

omitted from the reserve city "banks in the Northeastern States "because it
was "believed that these large "banks, many of which do an international
"business, would weight the comparison unfairly•
Gross Earnings in Reserve City and Country Banks* - Chart 28
presents annual gross earnings per $100 of loans and investments for these
four groups of "banks. An upward trend in gross earnings is discernible
in each of these groups during the three decades of this century.

The

trend is less marked among the country banks of the Mid-continent States
than in the other three groups, however.
It is apparent from this series that the country banks of the
Mid-continent States have continuously had a higher rate of gross earnings per $100 of loans and investments than the city banks. This rela^tionship between the two classes of "banks has not prevailed in the Northeast.

The detailed analysis for 1926~193°>

it w i l 1

^ e recalled, showed

a similar situation with respect to large and small banks.
Bank Expenses. - The upward trend of bank expenses is clearly
evident in all four groups of banks as shown in Chart 29.

It will be

observed that in recent years expenses have been higher for country banks
than for reserve city banks in both areas, but the difference is not so
striking- as in the comparisons between small and large banks in the bank
by bank analysis for 1926-1930*

This was to be expected since the classi-

fications, reserve city and country, are not synonymous with large and
small banks.

In the northeastern group country banks showed lower ex-

penses than reserve city banks two decades ago, but since about 1922 the
reverse is true.

In the mid-continent area, on the other hand, expenses

of country banks have 'been almost continuously higher than those of
reserve city banks.







- 91 -

CHART 28
ANNUAL GROSS EARNIN3S OF COUNTRY i3D RESERVE CITY NATIONAL BANKS
IN NORTHEASTERN AND i;ID-CONTINENT STATES
PER $100 OF LOANS AND INVESTMENTS
(Nevr York Citv was excluded from reserve cities)




92

CHART 29
ANNUAL EXPENSES OF COUNTRY AND RES . T E CITY NATIONAL BANKS
^Y
I I NORTHEASTERN AND MID-CONTINENT STATES
I
PER $100 01 LOANS AND INVESTMENTS
(New York City was excluded from reserve cities)

- 93 -

Gross Losses, - Chart 30 presents gross losses per $100 of loans
and investments for the country and reserve city banks in the two areas.
Banking difficulties of the past decade as well as the lS90!s are reflected in the high levels of gross losses of "both country and reserve
city hanks, especially in the Mid-continent States.

It is noteworthy,

however, that from 1900 to 1920 there was little difference in the records
of city and country "banks in either area.

Since 1921 the rate of gross

losses among country hanks in the Mid-continent States has "been substantially higher than among reserve city banks.

In the Northeastern States,

on the other hand, the country banks showed a better record than the
reserve city banks until 1931*

I n general, the rate of gross losses has

been higher in the Mid-continent States than in the Northeastern States
during periods of depression.
Net Profits. ~ Chart 31 brings together the net results of the
three factors, gross earnings, expenses, and gross losses.

It shows that

in the Mid-continent States the net profits per $100 of loans and investments among country banks were much higher than among reserve city banks
for the first twenty years of this century.
ever, the opposite has been the case.

During the past decade, how-

In other words, the decline in the

rate of net profits per $100 of loans and investments has been much more
rapid in the case of the country banks than in the case of the city banks.
High rates of expenses and gross losses have both contributed to the decrease in the rate of net profits per $100 of loans and investments of
these banks.

In the Northeastern States no large contrast between coun-

try and reserve city banks appears, but the downward tendency in the rate







- 94 -

CHART 30
ANNUAL GROSS LOSSES OF COUNTRY M D RESERVE CITY NATIONAL BANKS
I I NORTHEASTERN AND MID-CONTINENT STATES
I
PER $100 OF LOANS AND INVESTMENTS
(New York City was excluded from reserve cities)




- 95 -

0HA3T 31
.NNTJAL NET PROFITS OF COUNTRY AND RESERVE CITY NATIONAL BAMS
IN NORTHiaSTFRN AND MID-CONTINENT STATES
PEE $100 Of LOANS AND INVESTMMTS
(New York C i t y was excluded from r e s e r v e c i t i e s )

itto-roi

DOLLARS

- 96 ~

of net profits per $100 of loans and investments persists among both
groups.
In general it must be concluded that this method of analysis
produces no conclusive evidence as to the relative records of large and
small national banks in earlier decades. The much lower rate of net
profits per $100 of loans and investments among the country banks of the
Mid-continent States during the past decade as compared to the previous
three decades would suggest, however, that the convergence of competitive
factors and changes in economic conditions have been felt particularly by
banks with limited resources.




CHATTER V

SUMMASY

Net Profits of Banks. - Over the four decades 1891-1930 the net
profits of banks on invested capital, as indicated by the official figures
for all national banks taken together, fluctuated between about k per cent
and about 11 per cent.

In 1931 they were under 1.5 per cent and in 1932

a net deficit was experienced.

Over the period 1900-1931i

for

which com-

parison has been made between the net profits of all national banks taken
together and the average yield on a group of high-grade bonds, it appears
that the rate of return realized on capital invested in national banks was
the higher in all years except 19311 and that the differential was seldom
less than 2 per cent and not infrequently more than 3 per cent*

It appears,

therefore, that prior to the development of the current depression the banking system of the United States, considered as a whole, was fairly profitable.
The use of aggregate figures for all national banks does not afford an adequate basis for understanding the recent history of the banking
system of the country, however, because these data reflect the composite
experience of banks with records that vary all the way from very good to
very bad.

In order to develop a more adequate basis, through isolating by

groups the banks that were typically profitable from those that were not the
official reports of national banks for the five-year period

1926-I93O have

been analyzed in detail.
During this five-year period somewhat more than half of the banks,
or about 4,000 annually on the average, having well over half of the loans




-97-

~ 9S ~

and investments of all national banks, realized net profits of 6 per cent or
more on their invested capital. Somewhat less than half, or 3»^°3 hanks,
failed to realize as much as 6 per cent. Of these there were 1,396 that
earned more than 3 per cent, S36 that earned less than 3 per cent, and 1,171
that earned nothing or had annual net deficits.
Net Profits b£ Size of Banks. 1926-1930. - A majority of the hanks
reporting net deficits had less than $500,000 of loans and investments, and
over three quarters of them had less than $1,000,000 loans and investments.
Dividing the "banks into size groups and beginning with the small institutions, the record of net profits showed a progressive improvement from one
size group to the next. Twenty-five per cent of all national hanks with
loans and investments of less than $500,000 showed annual net deficits during the five years. On the other hand, less than 3 per cent of the national
hanks with loans and investments of $50,000,000 and over showed annual net
deficits.
Comparing the same size groups it was found that nearly kO per
cent of the banks with loans and investments of less than $500,000 against
7 per cent of the banks with loans and investments of $50,000,000 and over
reported annual net deficits or net profits of less than 3 P e r cent on invested capital. Almost 60 per cent of the first group of banks against 21
per cent of the second group of banks reported annual net deficits or net
profits of less than 6 per cent. About 37 per cent of all national banks
in I93O had less than $500,000 of loans and investments, but for State and
national banks combined about 6S per cent of the total number of banks, holding about 6 per cent of the loans and investments of all commercial banks,
was in that size group.




There were, of course, many profitable small banks in all locali-

~ 99 -

ties, some highly profitable ones. Many small banks succeed because of exceptional management, in some instances assisted by other particularly favorable circumstances.

In the group of banks with loans and investments of

less than $150,000, 26 out of 100 annually showed net profits of 6 per cent
or more on invested capital during the period 1926-1930. In the group
with loans and investments of $15Q,000~$250,000, 3S out of 100 reported net
profits of 6 per cent or more*

In the group with loans and investments of

$250,000-$500,000, hj out of 100 reported net profits of 6 per cent or more.
It is not possible to draw a sharp distinction as to what rate of
net profits constitutes success. Clearly, however, a rate of net profits
on invested capital of less than 3 per cent is unsatisfactory, and a bank
which cannot average at least as much as 6 per cent a year is not likely to
build up reserves sufficient to insure its safety.
The contrast between different groups of banks was apparent in
each of the five years I926-I93O, although in the depression year 1930 it
was somewhat less pronounced.

In the Mid-continent States the comparative

record of net profits of banks with loans and investments of less than
$500,000 was below that for the country as a whole. Half of all banks
with loans and investments of less than $500,000 are located in the agricultural Mid-continent States. During 1926-I93O the record of banks of
this size was best in the industrialized States of the Northeastern part of
the country. Among Iowa State banks, the contrast between different groups
of banks was comparable to that among national banks in that area, and in
view of the relatively larger number of suspensions among State banks it
is probable that a like condition obtained among State banks the country
over.




- 100 -

Costs of Different Groups of Banks. - The unit costs of doing
business, and consequently the charge upon the community per $100 of accommodation, have been generally higher among banks of limited resources than
among those with more ample resources.
In the Mid-continent States among banks with loans and investments
of $150,000-$25O,000 the typical annual gross earnings during the period
were $8,69 per $100 of loans and investments against $6,62 among banks with
loans and investments of $5,000,000 and over. The first group, however,
paid out $6.6S of this amount in expenses, wrote off $1.66 in net losses,
and showed net profits of thirty-five cents per $100 of loans and investments.

The expenses of the second group were $4.g4 and their losses sixty-

six cents, leaving net profits of $1.12.
The relatively small rate of net profits on invested capital of
the first group resulted in a still less satisfactory rate of net profits
on invested capital compared with that of the second group, owing to the
fact that the second group had a greater volume of business per dollar of
invested capital.
Bank Profits and Economic Trends. - Some major long-term trends
in bank profits have been associated with general factors which have brought
about banking conditions prevailing since 1920. During the early years of
this century, commodity prices and land values were rising. Bank losses
were low and the setting was favorable to the great expansion which occurred
in the number of banks and in banking resources over the course of several
decades.
Concurrent with this expansion and increase in competition, the
rate of net profits per $100 of loans and investments among national banks
as a group has been about cut in half within three decades. The evidence




- 101 -

indicates that an increasing burden of interest on deposits has made large
contributions to the growth in the cost of handling a unit of business.
Expenses have doubled over the period, but the rise in the rate of gross
earnings has not been commensurate. The narrowed rate of net profits per
$100 of loans and investments has not been fully reflected in the rate of
return on invested capital due to the fact that the volume of business per
$1 of invested capital has almost doubled.
The expansion in banking has been accompanied by a large relative
increase in the savings bank function in the commercial banks. Concurrent
with this process, there has been an increase in loans resting upon capital
values. During a period of liquidation and price recession long-term advances of this sort contribute heavily to bank losses.
The narrowing of the rate of net profits per $100 of loans and
investments over three decades has been felt most severely by the type of
bank which has been least able to control its costs effectively.

Chapter III

brought out the relative position of groups of banks of different sizes in
this respect.

No adequate body of statistics exists for comparing the

earnings records of banks of different sizes in the pre-war years. It is
clear from the evidence, however, that any class of banks, which over a considerable period is not able to earn a fair rate of return, will fail to
build up reserves against bad times. Moreover, in order to improve profits
it is under constant temptation to take unwarranted risks, which in the end
are likely to lead to failure.







/6JL

APPENDIX

Table I - Percentage Distribution of All national Banks in the United States
by Size Groups According t o Hate of Profit on Invested Capital, 1926-1930
.
Size groups
l o a n s and i n v e s t m e n t s

m -.4- n "t

lOuax

j " Showing a" "
Showing n e t p r o f i t s
jnet l o s s or
available for dividends
no p r o f i t
1
9$
12$
0 $ . . A . 0_. 0 $ _ L e s s j 3 $
O/o
to
than to
to
to
and
or
more 5 . 9 #
8.9$
11.9$
over
O/o j 5 . 9 $
• ; • - / '

1926- 1930(1 )
Under * 1 5 0 , 0 0 0
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
5 0 , 0 0 0 , 0 0 0 and o v e r
All

groups

100.0$ 14.6$
100.0 11.3
100.0
8.7
5.9
100.0
1 0 0 . 0 I 5.7
100.0 j 4.0
5.2
100.0
100,0
2.3
1.9
100.0
100.0
1.0
100.0

6.4

20.4$jl8.8$| 20.2$!
16.7 15.3 18.8
11.9 12.7 19.4
8.7
11.4 1 1 8 . 8
7.5 11.2 1 19.5
6.6
10.0 19.5
7.6
5.2
17.7
7.2 17.2
4.5
3.4
6.5
15.8
4.6
1.5
12^7
9,4

11.3 j 18.9

13,8$
17.5
20.8
23.8
24.2
25,6
26.9
28.7
29.9
31.5

7.0$
9.9
13.5
15.1
16.2
17.8
20.5
21.S
25.0
28.9

5.3$
10.6
13.1
16.4
15.7
16.5
18.8
18.6
17.5
19.8

23.2

15.8

15.0

12# 9/o
18.5
23.0
23,3
22.1
24.8
27.5
26.0
28.8
32.4

6.1jf|~
10.8.
15.7
17.9
20.1
21.8
23,6
24.8
29.3
52.4

4.0$
8.2
12.8
18.0
19.4
21.5
25.5
23.5
22.0
20.6

23.1

17.3

17.1

19 26
Under $ 1 5 0 , 0 0 0
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All

groups

100.0$ !l6.4$
100.0 !l3.6
9.2
100.0
100.0 1 5.1
100.0
4.2
100.0
2.7
100.0
2.5
.6
100.0
—
100.0
—
100.0
100.0

8.4

22,7$ 18.2$ j19.9$
15.7 15.9 17.3
10.6 12.2 18.5
7.7
9.5
18.5
6.0
9.9 ! 18.3
4.2
7.1
17.9
2.2
4.7
13.9
3.1
5.3 16.6
4.4
5.4 10.2
5.9
8.8
""..
8.3

10.0

17.4

1927
Under $ 1 5 0 , 0 0 0
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
5 0 , 0 0 0 , 0 0 0 and over
All




groups

100.0$ 16.3$
100.0 12.1
100.0
8.6
5.2
100.0
100.0
5.6
2.9
100.0
100.0
2.1
100.0
1.9
100.0
1.8
—
100.0
100.0

e.2

17.5$
15.5
11.4
7.7
5.7
4.5
3.6
1.9
2.3
—
3.1

18.0$ 19.8$ 14.8$
7.5$ 1
5.0$
14.9 18.0 ! 19.2
9.5
10.8
12.0 18.9
20.6 | 15.5
13.0
10.4 17.1
24.4 j 17.6 j 17.6
9.2
17.5 ! 24.0
1 9 . 6 1 18.5
7 . 9 1 1 6 . 7 1 27.0 j 2 0 . 2 ! 2 0 . 8
3.3 l l G . 3 ! 26.7
22.9
22.1
6.4
16.4
20.8
28.9
23.8
5.1 18.0
28.6
24.4
19.8
5.0
32.5
30.0
15.0
10.2

j 17.6

23.6

17.5

16.8

— 110-

Table I - Percentage D i s t r i b u t i o n of All N a t i o n a l Banks in t h e United S t a t e s
by Size Groups Acoordlng t o Hate of P r o f i t on I n v e s t e d C a p i t a l , 1926-1930
(Continued)

Size groups
l o a n s and i n v e s t m e n t s

"Showing a>
n e t l o s s or
no p r o f i t

Total

or
more

to
| 5.9$

Showin g n e t p r o f i t s
availabl e for d ividend s
iff

Less
than
3$

to
5.9$

[

6$
to
8.9$

9$
to
11.9$

12$
and
over

1928
i

Under $150,000
100.0$
150,000 - 250,000
1100.0
250,000 - 500,000
100.0
500,000 - 750,000
100.0
750,000 - 1,000,000
100.0
1,000,000 - 2,000,000
100.0
2,000,000 - 5,000,000
100.0
5,000,000 - 10,000,000
100.0
10,000,000 - 50,000,000 100.0
50,000,000 and over
100.0
All groups

100.0

16.0$
10.0
7.9
4.6
5.1
2,6
1.7
1.9
2.7

17*8.7o 1 8 . 1 $
13.5
13.4
10.8
11.3
6.3
9.8
5.8
9.6
5.6
7.7
4.0
6.0
1.9
0. 2
1.4
6.3

—

—

—

19.6$
19.8
17.7
17.8
16.0
16.1
14.1
14.2
10.8
7.5

5.4

7.6

9.5

16,6

14.2$
20.5
23.2
25.0
27.4
28.9
28.1
32.3
33.8
55.0

6.5;i
11.0
14.5
17.2
18.3
20.4
24.8
26.9
25.7
30.0

7.7$
11.9
14.6
19.3
18.1
18.7
21.4
19.6
19,4
27.5

25.7

18.0

17.2

16.0$
15.4
20.3
26.7
26.9
28.7
28.8
28.3
24.1
20.5

10.0$
7.7$
11.0
14.7
15.4
15.1
17.7
13.5
15.3
14.3
17.2
15.0
21.9
17.6
19.3
21.5
32.9 ; i 9 . 9
33.3 1 30.3

24.5

16.5

1929
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
A l l groups

100.0$
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0

10.7$
8.5
7.3
5.1
4.5
3.1
2.7
1.9
1.4
5.1

19.0$
17.6
10.6
7.7
7.2
5.8
4.6
4.4
2.5
—

15.7$
15.1
11.7
10.8
11.1
10.1
7.7
8.1
6.0
2.6

5.1

8.5

10.7

1 21.0$
j17.6
J 19.5
i18.4
j 20.7
j 20.1
16.7
16.5
13.4
7.7
18.7

| 16.0

1930
.. r- rr .

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups
'•*•) Weighted a v e r a g e .




100.0$
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0

12.0/o
11.9
10.3
9.8
9.1
8.7
7.1
5.4
3.6
9.1

-"•,'-

•—'•—••

21.7
16.3
14.5
13.1
13.0
12.1
11.6
7.2
6.8

24.3$ 121.3$ 1 1 . 0 $ 1 5.0$ j 1.3$
13.2 | 6.8
7.4
1 7 . 5 J 21.4
16.9
J22.6
1 6 . 1 ! 8.2 1 9.5
16.9
22.7
18.9
8.5
8.7
16.3
25.1
20.7
8.5
7.1
17.7
27.0
18.5
8.9
6.2
0
0
13.7
28.1
23.1
0 , 0
7.0
13.3
22.4
27.9
5.8
13.3
9.8
5.2
27.8
34.5
11.9
9.1
6.8
20.5
36jL4
20.5

14.9

16.5

<LO % iLjo

24.4

19.0

8.7

7.5

T . a M e . I I - a - Nmnber of N a t i o n a l Banks .by Geographic D i v i s i o n s , by Size Groups
unci by llate of P r o f i t on If.irosted C a p i t a l
1926
Number o f banla3
e,
I net pr o f i t s
. , , Le f o r d i v i d e n d s
availao.
no p r o 0.0% 1 Less
fit
3f0
8%
9% 12%
05i
and
to
than
to
to
to
or
over
5.9/;,
3)o
5.9JS
8.9JS
11.95b
more
Showing a
n e t l o s s or

Size groups
l o a n s and i n v e s t m e n t s

Total

United S t a t e s
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups

428
807
1,779
1,077
756 ,
1,319
992
319
205
34

70
110
163
55
32
35
25
2
—

7,716

492

97
127
188
83
45
56
22
10
9
637

78
128
217
102
75
93
47
17
11
2

85
; 140
i 330
i 199
138
236
138
53
!
21
!
3

770

1,343

55
149
410
251
167 •
327
273
83
59
11
1,785

26
87
243
193
152
288
234
79
60

n

17
66
228
194
147
284
253
75
45
7

1,373

1,316

—
2
3
5
11
26
26
7
4

—
—
4
7
4
19
15
6
1
—

Hew .England Stat<3S
r

Under f150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups

3
11
41
45
40
91
99
36
19
4

—
1
1
—
—
—
—
—
—

389

2

„

1
1
1
2
1
3
—
2
1
, ,, - 12

1
1
—
2
2
3
5
2
1
„.., „ -

17

•

- i

2
15
9
11
13
20
10
4
2

1
4
17
20
11
27
33
9
8
2

86

132

1

,

.

84

56

Middle A t l a n t i c Stixtes
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups




12
63
232
241
194
459
370
117
68
T7
1,773

1
5
5
—
2
3
6
—
—
i

22

1
6
9
7
6
5
4
1
1
- ,

2
10
14
13
7
13
7
6
4

40

76

n

,

•

4
10
36
31
17
52
28
16
5
1
200

3
17
65
54
43
103
91 i
31 I
18
6

-1
12
3
46
57.
50
8'S
64
55
157
126
134
100
31
32 1
22
18
4
8

431

450

554

^ble l l - a - Fuinbor of n a t i o n a l Banks by Geographic D i v i s i o n s , by Size Groups
and by Rate of P r o f i t on I n v e s t e d C a p i t a l

L- -,.

r

Size groups
loans and investments

Total

1926 _
[Continued)
Nuaber of banks
Showing a
Showing net profits
[ net loss or
available for dividends
no profit
O'/
12/o
O.Ofo
Less
6/o
O'/o
to
to
and
than
to
or
to
over
o'/o
more
8.2%
5.9vS
11.9$
5.9%
North Central Stat;es

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups

44
131
265
190
181
255
176
60
33
o
1,341

!

'

1

4

3
13
6
8
6
5
1

46

8
12
26
9
12
22
7
2
2

15
36
54
42
37
57
29
5
2

8
47
82
53
55
81
61
16
16
2

2
19
47
46
33
49
41
19
7
3

7
22
21
29
33
32
17
5
1

64

100

277

421

266

167

7
7
21
15
7
7
1

Southern Mountain States
r -

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups

17
24
146
93
57
103
50
22
14

526

1
2
2
1
1 '

i :

8

7
2
7
1
1
3
3
1
1

5
3
13
8
7
7
4
2
1

4
11
35
21
14
23
10
4
1

1
4
56
32
19
39
19
10
4

26

50

123

184

•

2
21
20
9
23
10
3

88

1
12
9
6
7
3
5
4

47

Southeastern States
Under % 150,000
150,000 - 250,000
i
250,000 - 500,000
500,000 - 750,000
!
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000 j
10,000,000 - 50,000,000
50,000,000 and over
All groups




14
32
82
59
51
89
74
16
13

430

I
6
2 !

2 ;
l !
1 j
1

14

4
8
8
1
3
8
3
2

5
10
4
6
10
5

37

40

4
8
17
21
16
24
11
1
1

4
2
23
15
13
18
17
3
2

2
1
13
12
6
20
16
5
4

7
5
4
5
8
21
4
6

103

97

79

60

Table I l - a - Huaber of .National Banl-'-S by Geographic D i v i s i o n s , by
and b y Rate of .Profit on I n v e s t e d C a p i t a l
1926 (Continued)
Number of "banks
~_ Showing a j
Showing net
net loss or
available for
Size groups
j
no profit j
Total
b/o
0.0 J 1 Less ~] 3%
i
G%
loans and investments
to
than
to
to
or
{ 5.2% J 8.9^0
more ] 5.9% | O/o

Size groups

profits
dividends
j 12#
j J Jo
j to
and
over
I 11.9j£]

Southwestern States
177
245
308
119
70
70
62
25
20

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups

1,094

25 1

;

37
38
36
14
9 !
8 j
4
1
1

38
33 1
10
6
3
2
—
—

117

22
43
33
14
18
8

22 1
11 1
10
9
4 j
1

3 I
2
—

143

148

25 I
33
47
22
4
11
16
5
1

38 |
25 j
62

164

182

16
34
65
20
14
20
17
5
5

14
32
32
17
8
10
11
8 1
12 j

144

196

Western Srain States
94
202
490
215
105
132
78
23
17
2

Under §150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups

1,358

28 j
46
79
36
12
14
3
1
—
:

22
44
75
27
10
10
5
—
—
w^M—

193

•

-

-

-

219

12 !
33
78
58
23
35
21
9
5

19
38
86
37
17
19
6
1
2

. .

.- -

225

254

8
25
84
29
15
28
16
6
6
—~

1
6
41
16
11
10
11
3

4
10
47
32
17
16
16
3
3' 1
1 ;

1
l

149

101

5
12
17

3
5
14

14
12

1
4
8
1
1

o
3
6
3
3
2

217

Rocky Mountain States
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
j
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000 !
50,000,000 and over
1
All groups




• 53
57
105
36
17
46
34
9
5
- „ r -

362

—

9
11
15
2
2
5
2
1

1 ——. 1

„ , „ -

14
9
16

4
—
5
4

52

47

16
9
15
8
4
8
6
1
_~_

6
7 j
16 i
2
3
10
4
1
1

1

I

67
L.fci ,i,itr

i. > . .

. -j
50

,

1
0

, , , i

59

1

ft

7
4
8
7
2
1
—_

-

45

42
ii.

M

. I,. . *
i ..

Table II-a- Ihxriber of Rational Banks by Geographic Divisions, by Size Groups
and by Rate of Proiit on Invested Capital
1926 (Continued)
Number of banks
lumber of banks"
Showing a
Showing n e t ip r o f i t s
n e t l o s s or
£ v a i l a b l e f o r (lividend s
a
no p r o f i t
Size groups
Total
O/o
loans and investments
9>r~ 12$
0.0'^C
Less
Oy'o
6%
or
to
than
to
to
to
and
more
8.9>o
H • i?'/o over
5.9$
£> . 9yo
3^
PEi c i f i c

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups
Note:

Coast S t a t e s

14
44
110
79
41
74
49
11
16
5

4
8
12
4
3
6
1
—
—

3
3
12
7
4
3
2
1
4

5
7
20
7
2
3
4
1
1
2

2
8
17
13
6
12
6
3
1

44 3

38

44

52

68

5
19
16
6
16
12
2
3
1

4
20
8
10
12
11
2
3
1

4
10
24
10
22
13
2
4
1

80

71

90

New England: Aaine, New Hampshire, Vermont, Massachusetts, Connecticut,
Rhode Island.
Iiiddle Atlantic: Nov/ York, New Jersey, Delaware, Pennsylvania, liaryland,
District of Columbia,
North Central: llichigan, Wisconsin, Illinois, Indiana, Ohio.
Southern mountain: West Virginia, Virginia, Kentucky, Tennessee.
Southeastern: North Carolina, South Carolina, Georgia, Florida, Alabama,
iiississippi.
Southwestern: Louisiana, Texas, Arkansas, Oklahoma.
Western Grain: Minnesota, North Dakota, South Dakota, Iowa, Nebraska,
l i s s ouri, Kans as.
a
Rocky Hountain: l.iontana, Idaho, Wyoming, Colorado, Now Liorico, Arizona,
Utah, Nevada.
Pacific Coast: Washington, Oregon, California.




/o9
2i Table Il-b - Number of National Banks by Geographic Divisions, by Size Groups
and by Rate of Profit on Invested Capital
1927

Size groups
loans and investments

Total

Number of banks
Showing a j
Showing net profits
net loss, or j
available for dividends
no profit
.....,, . 0.0J4
....,._ ,
Less
3/0
65 1 9% j 12%
o;0
than
to
or | to
to i and
to
more
5.9^
0/0
5.9$
8.9^J ii.9:4j over
United States

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups

599
796

65
96
145
55
40
39
22
6
4

1,681
1,066

720
1,324
1,024

311
217

70
123
192
82
41
59
37
6
5

72
119
201
111
66
105
65
20
11

40

2

472

7,578

615

772

15

24
86
260 ! 219
188
138
141
133
276
267
234
226
74
64
43
53
6
12

1,787

1,325 i1,275

59

79
143
317
182
126
221
167
51
39
7
1,332

153 j
347 1

260
173
357
273 j
90 I
62 !

30
76

L.

Ne\;
2
10
38
38
39
95
102
36
21
4

Under . 150,000
f
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

2
1
1

2
4
14
13
4
14
19
6
4
2

16

82

-

—
—
—
1
—
—
1

1
1
2
2
—
1
—

5
—
2
2
0

——
——-

2

385

All groups

England States

r

7

3
9
13
11
34
29
13
8
1

1
5
6
11
25
23
8
5
__—

2
4
5
9
17
28
6
2
_ZZ.

121

84

73

3
2
19
18
37 i 56
62
27
19
43
129
47
100
51
18
25
14
24
7
2

-9
55
65
48
119
115
26
14
4

-_
5
35
70
62
138
112
35
15
5

468

455

477

MiddJLe Atlantic Steites
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
j
\
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

1

All groups




10 I
64
220
256
193
462
394

110
7S

1

—
1

2
5
14
8
5
11
3 I
2
1

26

51

3
rr

o

4
4
6

3

2

1

__
5
19
20
10
15
11
4

4

13
1

1,800

88

1

235

- I / O -

Table Il-b - Number of National Banks by Geographic Divisions, by Size Groups
and by Rate of Profit on Invested Capital
1927 (Continued)

Size groups
l o a n s and i n v e s t m e n t s
J U \m/ C 4 . A i > k j

WUJ. XKJtm

«-L* l i

V

W k_J V^J-IXV-S J.A* \J %+J

Number of banks
Snowi.ng a
Showing n e t
n e t lc>ss or
av a i l a b l e f o r
no.pr • o f i t
Lea's
O/o
§5f~
6%
or
to • than 1 t o 1 t o
more
5*9$ J o% 1 5.9$
8.9$

Total

profits
dividends
|
1

12%
and

9/o

to

J 1 1 . 9 $ 1 over

North C e n t r a l S t a t e s
Under f150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
A l l groups

42
120
262
18G
164
267
178
58
35

5
10
19
11
5
11
5
1
—

6

— —
_
67

1,318

All groups

13
28
140
92
58
100
53
22
14

7
12
25
20

102

-•-,•,„

10 1

12
28
57
41
39
52
29
9
4

i
i
!
!

15
27
12
1
1

,

„ T-.

,-

118

r

1

1
4
3
—
2
0

—
—

,_,,_

_~___

520

14

1

32
65
43
44
82
58
15
18
3

2 1
8
4
4
5
2
—
1
, , . „

i.,

2

27

.

59

37
30
21
4
1

239

151

—
2
19
15
8
20
9
5
1

370

2
6
30
14
18
25
13
6
5

-

• 17

2
4
18
10
5
6
2
—
3

T

271

4
8
19
6
5
8
6
2
1

j

__
o
16
22

1
19
51
34
32
44
37
11
8

Southern Mountain S t a t e s
— _____

1

Under #150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

7
16
29
15
14
14
7
—
—

3
5
42
40
18
34
18
9
o

i

1

119

-

,
L

-_-__----.

.,

79

172

50

Southeastern States
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
1 0 , 0 0 0 , 0 0 0 - - 50,000,000
50,000,000 and over
A l l groups




15
31
71
65
46
88
69
13
15
1
414

i

2

1

5

2

4
3
5
-_.
1
—

1 22

2
5
5
6
1
2
7
—
2

i

30

1 47 j

!

3
2
9
6
8
9
8
2

3
4

I
j

—

19
11

25
10

1
1

95

,

«- —

i

1

5

3

113

[

-.—

3
7
10
9
12
13
3
7
1

5
10
14
17
13
26
20

21

, . ri

1

5
10
3
1
9
11
1
2

65

I 42

Table Il-b - Number of National Banks by Geographic Divisions, by Size Groups
and by Hate of Profit on Invested Capital
1927 (Continued)
Number• of banks
i Showing a
net loss or
no profit
Total
1 0.0%
or 1 to
5.9#
[more

Size groups
loans and investments

!

1

6%

Less'
O/o
| to
than

\

9%

and
to j to
8.97$ j l . 9 £ over
l_j_

1%

Southwestern States

1
Under $150,000
150,000 - 250,000
i
250,000 - 500,000
j
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

All groups

Showing net profits
available for dividends

178 1
239
283
120
66
75
56
26
25

1,066

24 •
27
25 1
11
4
4
5 !
1

27
30
21
8
6
1
rt

O

90

101

23 i
34

21
10
4
7
5

2

106

37
29
45
21
10
13
8
3
4

26
44
53
23
15
13
11
9
2

22
24
51
15
10
13
11
5
12

19
51
67
32
17
24
13
6
5

170

196

163

234

Western Grain States
„

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups

.-,-4t-1)-

„.

-•
'•

84
211
468
197
96
131
82
22
18
4

23
38
73
15
18
9
3
2
1

1,313

182

-

•

-

19
47
89
26
8
14
4
1
208

. . . .

-

.

_

18
42
75
40
17
23
11
2
2

15
37
78
29
15
29
20
5
5
2

5
27
77
39
15
26
19
7
3

230

255

218

.

.

_

.

_

.

.

.

.

2
12
43
23
15
13
10
5 '
2
2

_

.

_ . _

2
8
33
25
8
17
15
1
4

127

113

4
2
16
7
1
5
3

1
5
20
12
2
9
8
2
2

Rocky Mountain States
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000 !
2,000,000 - 5,000,000 \
•
5,000,000 - 10,000,000 i
10,000,000 - 50,000,000
50,000,000 and over
All groups




42
52
97
48
16
40
37
11
5

348

6
11
5
3
3

28

15
11
10
5
2
3
4

50

14
8
11
5
2
8
4
3
1

2
11
14
5
2
9
6
1
1

6
9
15
9
7
3
9
5

56

51

63

1

39

61

Table II~b - Number of National Banks \yy Geographic Divisions, by Size Groups
and by Rate of Profit on Invested Capital
1927 (Continued)
1

Number• of banks
1 Showing a
Showing net profits
net loss or
s
£
ivailable for dividencI
\
no profit
r
1
\if "
| 6$
Less
•3$
12#
r-ty
1
Total
or 1 to • than
to
to
and
to
j more ! 5.»9#
5,9# ;
U.9# over
! 8>9?£
Pacific- Coast States

1
t

Size groups
loans and investments

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

4
6
8
5
2
4
3
2
1

13
41
102
64
42
66
53
13
13
7
-

All groups




414

i

•

,

•••

35

mmm.

10
11
6
1
4
5
2
—

3
8
17
4
5
6
5
2
1
1

4
6
21
15
8
7
11
2
1

1
4
16
14
7
10
9
2
1

1

2

1
4
13
13
7
16
15
1
3
5

52

74

66

74

_»•««•

39

p - » .», % „ • • i
~*
m

<».-

3
16
9
12
19
7
2
6
a „-

,

-

74

'/J Table II-o - Number of National Banks by Geographic Divisions, by Size Groups
and by Rate of Profit on Invested Capital
1928
Ilumber of bank s

Size groups
l o a n s and i n v e s t m e n t s

Total

;-Shorty a
n e t l o s s or
!
~.,
no p r o f i t
j 0.0J5
6/b
to
or
5.9$
more

|

Show

net p r o f i t s
. - ._ °
>
a v a i l a b l e for dividonds
j
; Less 1 3$ 1 6$
9$
| than
to
to
to
8.9$ j 11.9$
3$ j 5.9$

12$
and
over

United I S t a t e s
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

337

1 748
1 1,585
1,105
j 701
!1,366
1,072
'
516

'
:

54
75
126
51
06
06

13
6
S

222
40

7,492

A l l groups

408

60
101
171
70
39
76
43
6
3

569

51
100 i
179 j
108
67
105
64
10
14

708

43 i
153 j
367
276
192
395
301
102
75

66

148
281
197
112
220
151
45
24
3

1,247

22
82
230
190
128
278
266 1
85
57

26
89
231
213
127
256

229
62
43

_14

12

JUL

1,923

1,350

1,287

New England S t a t es
Under f150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,090
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

10
33
38
35
91
106
40
23
3

A l l groups

379

—
—
—
1
—
—
1
r

1
—
1
3
3
—
—

.,r

_•__

, ,-,r -

2

8

21

6
14
14
7
13
13
4
5

4
1
1
4
6
2
3
,

,„•

,

76

—
1
6
10
20
23
9
4

2
11
16
12
32
35
19
7
3
1.

137

,

L

,

2
2
1
4
18
23
6
3
M.,.,„w

78

59

t i i d d l e A t l a n t i c St ates
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
A l l groups




1
!
]
i
j

11
56
224
242
193
457
423
115
69
18

1,808

2
2
7
2
9
5
1
1

2
7
10
5
6
12
8
2
1

4
5
21
19
13
27
17
1
3

3
16
44
35
20
53
49
20
6
2

17
65
73
55
144
116
26
24
5

5
54
58
46
119
129
41
26
7

4
23
50
44
99
99
24
8
4

32

53

110

248

525

485

355

3 i

- 120 •
»
Table II-c - Number of national Banks by Geographic Divisions, by Size Groups
and by Rate of Profit on Invested Capital
1928 (Continued)

Size groups
loans and investments

Total

Number of banks5
Showing' a
Showing net profits
net loss or
available for dividends
no profit
" 6 ^ ~ ^O.OTT1 Less
6%
to
to
to
or
than
to
5.9$ L 3fo J O • 27/0 8.9$
more

12fo
and
over

North Central Stat;es
12
36
55
45
30
71
37
7
3

7
27
68
45
45
30
48
18
12
2

-_

__

1

5
16
33
21
15
17
14
1
1

11
35
28
32
54
49
17
11
1

4
21
25
23
25
25
14
7
3

92

123

296

352

238

147

36
113
251
183
157
276
183
58
37
6

4
8
11
7
8
8
2
1
2

8
11
28
12
4
20
8

1,300

52

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups

Southern Mountain States
,..

Under |150,000
150,000 - 250,000
250,000 - 500,000
500,000.- 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups

i 12
i 26
! 128
j 97
i 57
i 109
i 53
! 19
i 14
i
i 515
T

. . r .

.11,1-.1, »..».

1
3
4
1
2
2
1

o

1

""
""

1

3
8
31
19
12
21
10
4
1

15

53

48

109

—

—

15
4
4
3
3
1

All groups




M«M

M

2
15
26
7
17
11
3
2

1
10
9
2
13
3
1
3

185

83

42

MM

—.

3
9
9
3
19
7
3
2
1

5
4
5
1
10
8

—

56

34

—

Southeastern States

i

is
31

!
j
i
!

68
65
39
98
67

'
!

1
!

__

1
9
43
28
22
46
20
10
6

. r .

;
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

4
3
10
10
8
7
'
,
5

5
—

14

2
12
2
2
4
4
1

15

—

—

4
7
5
9
5
1

3
5
10
7
6
9
4
1
2

4
7
12
17
4
18
9
1
r?

o

1
9
17
18
18
29
30
7
7

1 1
i
j 4ii

27

36

47

75

136

—

1

--T27-'Table II-© — Number of national Banks by Geographic Divisions, by Size Groups
and by Hate of Profit on Invested Capital
.1928 ( Continu ed)

Size groups
loans and investments

Total

Showing &not l o s s or
no p r o f i t
6|T
0.0%
or
to
more
5.9?o

Kumber of banks
1
Showing n e t pre>fits
j
a v a i l a b l e f o r di"',ddends
|
V/o
| Less | 3% j 5% ! ' " ~Q<cf i! 12fo
t o j and
than i t o > t o
1 1 . 9 $ over
o% \ 5,9% 1 8 . 9 $

Southwestern S t a t e s
142
213
274
145
67
91
64
21
28

25
19
20
9
3
6
1
—
1

17
24 !
26
20 l
25 1
20
9
9
3
5
6
9
4
7
—
1
1
' 1

1,045

84

91

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
A l l groups

23
42
50

21 i

27
37
18 j

26 j
15 j

11
12

12 j
25
40
26
6 .
7
8
4
7

20
54
82
48
24
33
25
8
11

138

96

l

18
12
6
6
198

135

303

14
34
77
45
15
26
16
11
9

5
23
49
19
18
19
25
3
1

3
14
56
38
17
27
16
4
3
2

162

180

9
8
3
1

4
7
14
8
2
10
7
2
3

1
4
25
20
5
9
12
5
1

57

57

82

V I
4 ;

Vfestern Grain S t a t e s
78
212
423
210
97
133
87
26
19
4

16
33
54
19
6
8
—
2
—

1,295

138

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups

17
38
71
28
10
16
4
1
—

11
38
61
28
12
19
7
1
2

12
32
61
33
19
18
19
4
4

2

185

179

202

249

Rocky Mountain S t a t e s
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
1
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups




30
50
86
54
20
39
38
12
5
334

1

1

4
4
9
4
2
3
1

3
13
5
3
3
2
4
—

29

33

2 I

8
6
5
5

j

1
2
2
—

29

9
9
I

1

14
5

2 I
5
2
1

1 47

1
7
14
9
5

- 1-88Table II-o - Number of national Banks T y Geographic Divisions, by Size Groups
o
and by Rate ox Profit on Invested Capital
1928 (Continued)
•lumber of bank:
3

J

T

Size groups
loans and investments

Total

\ Showing a
1 net loss or
! no profit

o.o#
[ or ; to
more ! 5*9*

Showing net profits
available for dividends
Less i 3# ! 6%
9%
J. <c./o
to
than ! to 1 to
and
O/o
! 5.9$ 1 Q.9% I 11. 9# • over

Pacific Coajst States
r

Under $150,000
150*000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups




15
37
92
71 '
36
72
51
11
12
3

405

—«-—

2

4
9
7

4
1
2
—
—

5
6
12
2
3
5
4!

1

2
7
15
3
6
11
2
3
1

2
7
13
11
7
9
5
—

1 '
6
22
13
5
11
16
2

29

38

55

1

rr

1j

—j

2 |

56

84

6
13
10
4
13
4
5
1
3

2
1
8
17
7
22
18
2
6
2

58

85

1

Table Il-d - Number of national Banks " y Geographic Divisions, by Size Groups
b
and by Rate of Profit on Invested Capital
1929
Number of banks
j Showing a
net loss or
j no profit

Size groups
loans and investments

Total

1 6% 1

0.0$1 Less 1 J/° | 6#
or 1 to
than
to
to
j more | 5.9^
O/o
! 5.9>o 8.9$

j

216

79
48 1
14 1

_J5

7,276

371

5

1

621

Ne\v
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000 j
10,000,000 - 50,000,000 |
50,000,000 and over
All groups

i

4
6
30
42
36
90
106

--

377




781

1,360

1,782

30 1
23
100
75
238
233
142
186
112
105
203
233
228
183
69
62
43
71
12
13
1,199

1,162

England States

10
9
1
2

2
4
12

30

—
—
4
2
8
15
7
2
1

56

39

55 |
72 !
57 i
50
154 !
101
140
71
39
19
21 1
7
4

1
30
35
32
97
106
26
27
8 |

1
13
17
13
52
51
22
9
3

376

362

1.
7
18
14
31
32
13
7

13 j
16 j

25
20
8
7
107

123

—
3
6
4
11
22
5
5

•

Midd].e Atlantic Stat es

!

All groups

29
3

1
1
5
1

11
i

Under |150,000
150,000 - 250,000
j
250,000 - 500,000
500,000 - 750,000
|
750,000 - 1,000,000
|
1,000,000 - 2,000,000 1
2,000,000 - 5,000,000
|
5,000,000 - 10,000,000 |
10,000,000 - 50,000,000j
50,000,000 and over

63
120
SOI
193
152
272
174

„ „ .
,

11

i

53

48
105
313
281
197
388
299
91
52
8

3
41
—

1
__

24
3

47
103
180
114
81
136
80

1
—
2
—

2
4
1
1
2

36 |

26 i

13
1

57
120
164
811
53

3 i

39

All groups

9% j 12%
to j a n d
1 over

United States

|
500 j
32 i
j 681
58 |
113 j
j 1,542
54 |
j 1,051
! 733 j
OO j
42
' 1,353 j
1
1,040
28
321 1
6 j

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

Shotring net profits
available for dividends

1

7
46
224
232
198
466
409
120
70

2
3
8i
7 !
5j
7 !

i

lj
8!
16
8
13

__
6
33
38
28

201

35 :
25 !

3
—
1

131
51
2

36

86

9i
3'

15
1,787

177

4
12

57 1

15
67

569 |

181

-••130-»•

Table Il-d - Number of National Banks by Geographic Divisions, by Size Groups
and by Rate of Profit on Invested Capital
1929 (Continued)
dumber <jf banks
?
Showing net profits
&
x ,
net loss or
„ K. ...
A
„ r,.,
1
available for dividends
no proiro j
Total
9%
12$
| Less
6%
1 6* 0.0^ 1 than | Z%
and
to
to
! to
to
! or
5.9$ | 5% j 5,9%
8.9?o 11.9JS over
i more
North Central States
i

Size groups
loans and investments

i

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups

Under #150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

1

39
105
256
165
152
276
183
63
34
6

1

1
11
32
21
17
45
41
14
11
—

__
5
14
11
18
31
31
17
5
3

271

337

193

135

Southern Mountain States
i
1
2 !
3
1
1
2
5 |
5
9
5
4
9
28
11
38
4
4
6
38
24
2
4
18
6
17
2
10 I 27
36
6
—
6
4
14
12
1
2
1
7
4
1
4
1
3
1

—
1
17
19
6
19
7
2
5

1
—
10
9
2
8
5
2
3

76

40

i

s

j

26

1

8

'
f

10
7
4
1

1,279

9
27
117
104
55
108
48
19
18

•

o
18
56
51
48
85
53
13
8
2

6

68

9
18
40
13
11
32
19
5
5

7
17
26
21
20
19
9
2
2

123 1 152

j

13

1
I

30
62

1

40
28
57

1

26

!

11

1

3

1

All groups

505

21

1

32 j

50

138

148

Southeastern States
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups




14
24 1
66
61
40
83
65
11
11
2
377

1
— !
5
4
5
5 .
3
2
—

5
4
8
10
3
5
8
—
—

2
5
10
12
9
15
3
1
1

3
6
15
11
9
21
10
3
5
1

3
6
13
17
8
18
27
4
2
—

-.
.
M—
1
2
12
3
4
3
1
5
11 1 8
10 i
4
—
1
3
—
1
—

25

43

58

84

98

48

21

~//9Table I l - d - Humber of N a t i o n a l Banks by Geographic D i v i s i o n s , by Size Groups
and by Rate of P r o f i t on I n v e s t e d C a p i t a l
1929 (Continued)
-lumber <of bank!3

Size groups
l o a n s and i n v e s t m e n t s

ShoY/ing a
n e t l o s s or
no p r o f i t
6%
0.0$
or
to
no re
5.9$

Total

Showing n e t p r o f i t s
a v a i l a b l e for d i v i d e n d s
Less
than

3$
to
5.9$

6$
to
8.9$

9$
. 12$
to
and
1 1 . 9 $ . over

Southvrest< 3rn S t a t e s
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

125
186
282
135
75
84
59
23
26

15
15
20
4

15
29
0*7

CO

10
2
6
2

r?

o

5
2

64

995
•

i

u. ..•<.<•<

»

.

. ._

79

87
.

,._ , .

. .

.,

16
58
83
49
28
26
20
6
11

177

297

11
26
66
37
21
26
12
10
3

7
21
60
18
15
18
14
6
5
1

5
27
70
61
25
35
25
3
6
3

212

——

—

All groups

19
23
51
18
18
14
15
9
10

135

260

24
20
51
27
15
15
10
4
3

24
19
37
13
5
12
7
3
2

12
22
17
14
4
6
3
1

—
169

122
_.,

.

. .._.„.

. , _

Western Grain S t a t e s
Under | 1 5 0 , 0 0 0
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
'
2,000,000 - 5,000,000
'
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups

69
201
398
199
110
137
84
27
15

-

•«•»

19
38
58
18
9
12
8
3

11
37
50
20
13
16
3
5
~
_-

108

165

155

6
dt^

36
19
8
lo
4

4 '

11,244

10
30
58
26
19
17
18
—
1
—

179
i..

-

-

- -

ii

i.

i

a

Rocky Mountain S t a t e s
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups




!
1

24
45

i
1

1
5

i

86

]

6

!

1

47

2S

1
I
!

38
35
12

j
!
|

1
—
1

322

i
j

18

1

4

--

1

6
4
6
3
1
4
8
1

5
3
10
2
4
4
5
1

4
7
11
8
3
10
4
1
1

9
15
5
3
9
6
4
3

1
5
25
20
15
8
11
o
3

40

33

34

49

57

91

4
12
IS
5
2
2
1

——1-5 3- Table Il-d - Number of National Banks by Geographic Divisions, by Size Groups
and by Hate of Profit on Invested Capital
1929 (Continued)
r

•"•*"-—"-—---

iumber of banks
.
Size groups
loans and investments

Showing a
net. loss or
no profit
6%
0.0^
or
to
more
5.9^

Total

. .

Showing net profits
available for dividends
Less
than

3%
to
5.9^

12$
9%
and
to
11. 9$ over

to
8.9JS

Pacifi c Coast, States
»._*J1-I.

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups
*

'•

»




•

••. •

9
41
83
66
39
71
51
10
11

••

- 1

•J-.J.»-IL...il.

.

—

.

i
5 I

5
7

9

4 i

5

!

6
3
1

4
-_
..
..

9

-«.
, . ,

,. „ TW
.

20 j
i
.

.. i..

,

.

« n . i .

34
i
,

i
i

ii.

. . J U L - . . ".I... «... •

7 J

390
•

»,.

i

..

.

I.L.

ii

r

,

—

—

7
13
16
5
9
7
3
2

3
20
12
8
27
21
1
4

3
5
8
7
9
8
4
1
1

1
7
12
9
4
8
5
1
1

2
7
14
13
13
13
7
3
3

1

1

2

3

2

47

49

77

65

98

- 188
Table I l - e - Number of national Banks by Geographic Divisions, by Size Groups
and by Hate of P r o f i t on Invested Capital
1930
Number of
Size groups
loans and investments

Total

, Showing a
net loss or
no p r o f i t
0.0%
! 656"
or
to
more
5.9$

banks

Showing n e t pre>fits
a v a i l a b l e f o r d i \ridends
Less
than
3$

6$
to
8.9$

9$
to
11.9$

12f0
and
over

64
144
341
219
180
348
272
66
54
9

33
89
243
183
148
238
224
82
67

15
46
124
84
61
115
85
40
23

16

9

4
50
144
82
51
80
68
17
10
3

lj697

1,323

602

509

3$
to
5.9$

United States
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All

groups

301
673
1,508
966
716
1,288
968
294
194
44

36
80
155
95
65
112
69
16
7

.6,952

635

76
146
246
140 {
94
167
117
34 1
14
3
1,037

73
118
255
163
117
228
133
39
19
4

1,149

New E n g l a n d S t a t e s
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All

groups

3
7
31
42
34
94
103
33
24
3

1
—
2
4
2
4
11
3
—

5
5
6
14
18
3
2

.,

_L
J

374

27

55

1

—
—
1
7
10
3
20
18
6
4

1
4
11
14
11
32
33
9
11

- ,„

69

2
4
6
9
16
15
8
7
_2

126

—
—
—
—
4
6
—
—

—.

__

69

;

—
2
3
3
4
2
4
-18

i

10

I

—

Midd] Le A t l a n t i c St;a t e s
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All

groups




6 <
53 ;
227
235
206
452
395
117
61
16
1,768

1
8
29
31
20
46
30
7
6
—
178

15
38
41
29
64
48
17
5
2

3
13
52
40
39
82
57
17
5

1
9
52
58
67
131
106
27
17

1
8
36
50
36
87
115
34
23

_—
18
13
10
35
27
12
5

__J3

4

_ 2

4

259

311

472

392

124

—

i
i

2

2

5
7
12
3
|

-_

—
32

/22Table I l - e - Number of national Banks by Geographic Divisions, by Size Groups
and by Rate of P r o f i t on Invested Capital
1930 (Continued)
Number of banks
S i z e groups
l o a n s and i n v e s t m e n t s

Total

Showing a
net loss or
no p r o f i t
0.0$
6%
to
or
5.9$
more

Showing n e t p r o f i t s
available for dividends
Less
than
3fo

3$
to
5.9$

6%
to
8.9$

12$
and
over

to
11.95g

North C e n t r a l S t a t e s
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
A l l groups

41
99
256
152
150
251
165
58
31

6
8
26
20
19
22
11
2
—

12 j

13

18
51
19
21
39
22
8
3

17
50
31
29
39
24
3
2

114

193 J

208

2
12
37
34
35
36
37
16
10

2

7
1,210

__
1
5
3
3
12
6
6
1

7
38
74
32
37
79
53
12
9

3

1
5
13
13
6
24
12
11
6
_2

343

222

93

37

1

—
14
9
6
9
6
2
1
—

—
1
7
1
6
1
1
1
_

132

47

18

1
6
13
6
3
15
7

—
—
1
—
3
6
2

—
1
3
1
—
2

3
2

1
—

56

13

• -

,

-

-

Southern Mountain S t a t e s
Under |15G,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
A l l groups

9
21
110
106
56
102
44
17
14

1
1
7
9
3
4
3
—
—

3
3
19
11
2
6
4
1
2

3
6
9
16
6
15
3
2
3

_JL

zz.

—»_
--

.... ,

480

28

51

63

2
8
31
28
20
31
15
4
2

3
29
26
18
31
12
7
5

141

Southeastern States
Under #150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
A l l groups




14
31
65
48
32
78
51
6
11

3

2
1
8
5
5
6
4
1
1
—

3
8
10
11
3
9
5
1
2
—

4
7
11
14
8
20
11
1
1
1

4
8
19
11
10
20
21
3
3
—

339

33

52

78

99

|

!

l

—
—
1

8

Table II-e - dumber of National Banks " y Geographic Divisions, by Size Groups
b
and by Rate of Profit on Invested Capital
1930 (Continued)

S i z e groups
l o a n s and investments

Total

Number <3f„ banks
j Showing a
1
Showing n e t p r o f i t s
net loss or
a v a i l a b l e for d i v i d e n d 5
1 no p r o f i t
6$ | 0 . 0 $
Less 1 3%
9$
12$
to : to
•to
or
to
and
than
o;c7
5.9$
8.9$ 11.9$ over
| more 1 5.9$
Southwestern S t a t e s

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
A l l groups

126
134
254
106
71
66
58
22
19

16 |
23 I
29
9
6

!

32 j
42 |

27
30
43
14 1

30
30
49

—
—
—

2

I

i

12

8
10

9
6 !

'

—

3
1

2
908

90

146

145

5
13
21
12
13
11
13
5
4

1

7

35
12
10
6
7

13
17
40
20
11
9
9
6
7
—

174

132

97

124

6
23
55
20
13
13
11
2
2

_11
68
30
17
15
17
3
3

24

13
5
4

3
29
37
15
11
14
10
1
3

1

Western G r a i n S t a t e s
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
A l l groups

65
202
391
173
101
138
75
21
16

14
45
64
27
16
19
6
—
—

14 l

16

28
62
26
12
29
9
3
2

33
67
36
17
25
18
6
3

8
32
57
25
19
26
13
5
6

1

7
30
38
9
7
11
1
2
—

1

1

1

222

192

126

165

4
1,186

105

191

185

Rocky Mountain S t a t e s
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and o v e r
A l l groups




26
41
83

44 j
24
40

33 J
10 1

2
2
7
2
1
3
1
--

7
IE
9
7
4
4
3
2

7
10
8
4
1
4
3
—-

2
4
19
6
2
9
5
—
2

6
4
11
5
7
8
6
3
3

2
3
11
6
5
4
7
5
—

__
6
18
14
4
8
8
2
1

18

48 !

37

49

53

41 j

61

6

307

Table Il-e - Number of National Banks by Geographic Divisions, by Size Groups
and by Rate of Profit on Invested Capital
1930 (Continued)

Number of "banks
Size groups
loans and investments

Total

Showing a
net loss or
no profit
6$
0.0$
or
to
5.9$
more

Showing net p r o f i t s
available for dividends
Less
than
3$

3$
to
5.9$

6$
to
8.9$

9$
to
11.9$

12$
and
over

Pacific Coast Stat;es
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups




11
35
91
60
42
67
44
10
12

—
—

8

7
9
6
2
9
8
1
—
—

4
3
15
7
3
6
4
—
-—

2
6
13
8
7
10
2
4
1
—

1
10
19
10
8
11
8
—
3
1

2
5
16
11
10
10
10
3
3
5

1
2
9
8
2
9
5
1
4
2

—-

380

42

42

53

71

75

43

54

1
2
10
10
10
12
7
1
1

- 125 Table Il-f - Number of National Banks Grouped " y States, " y Size of Loans
b
b
and Investments, and by Hate of Net Profit on Invested Capital
1926
r

Itonbe r of "banks
Hepor.ting'.iiet 1
Reportin g net p r o f i t s
d e f i c i t s or
no n e t p r o f i t
[
Total [
bfo ; 0,0^6 j Less j 3# [ b / 0 , ~9fo
j 1256
i
i or
|
and
to
• to
than
to
to
I more 1
over
3^ !5.9i J 8 . 9 1 . 1 1 . 9 * !
_ _ _
__
L
•

S i z e group
l o a n s and i n v e s t m e n t s

• '

•

|

Alabama
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

_
1
~

7 '
10

24
18

j

1

1
~
~
_

A l l groups

3 1 1 1
i+ I 1
3
7
4
6
5
4
5

~

_-.

! 1
! ___
__

2

1
~
~

io4

_J5

27

' _27_J

"*
1

-

2

^
2

!

~

-

3
3

2

_
~

-

_....__,_ I... 5

* * •

3 1 3 i

Ar i z o n a
_
_
.
—
•
1
i
2
—
I —
1
i —
—
_
_
»
1 ~
— j
i -

.
1
1

4
2
-

1
j
1
i

i
2
—
i i
I __

*
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,00c
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000 and over

—
x
~
i

___

13
IS
11
1
2
—_

All groups

|

;

2

1

2
1

2
2
2
—
1
__,
__

l
_
_
—2S

_.
-

. 13

—
_
_
_

„

_.
—
~
>

~
—

I

1

—
1

_1
—

_
_

—

~
j -

! —

| 1

1

1

t

"

4

i ""

1

3

r~i

._

~

! ?

3
3

9
5
3
4
3

!

«__

_2
—
_
_
1
1
_
—
_.

Lit

Airkansas

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups




__,
12

is
7
\
i
1

*
6
5
3
"*
*
62

~

-

2

2

1

!

3

—
1
""
-

j

i

I
!

l

1 *
~
—
j 1
—
-

LJ

~
_,
_
~
—

j _
1 _

j

!

1
2
1

2
_1

| 1
! —

11 1
1

1

[-

1
_
-

Li

i_5

[11

1

""

! 7

4

1 ~
*
-

1
2
2
1
1 —
*
-

j 16

1,13

1 ~
*
2
1
j

1 *~

1~
! 9
.„..iifi.

^
^

• I -,
,

a i

-_

~ 12b ~
Ta*ble Il-f - Number of National Banks Grouped " y States, " y Size of Loans
b
b
and Investments, and " y Rate of Net Profits on Invested Capital
b
1926 (Continued)
Number of "banks
Size group
1
loans and investments
Total

Separating net j
deficits or
no net profits 1
[

6$

f1f~\

3 $ j ~6#

\ 0.0$ I Less

12$

and
to 1 than to j to
to
5.9J_I zi 1 5.9# 1 8.9# 1 11.9# 1 over

or
more

i

Reportin g net profits

California
i

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

5

j

21
59
47
21
41
30
7

|

7
5

All groups

243

;

1
4
8
2
2
2
1
—
—

1
2
6
3
2
2
2
1
2
-

2
6
5
3
—
1
2

—
1
12
13
3
7
7
1
2
1

20

| 21

23

44 _ 47 1 40

X
5
8
9
5
7
5
1 { 3
1
1
2
-

~
1
2
15
5
4
13
5
4
14
8
4 ! 9
1
1
1
1
M

48

Colorado

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups

5
5
9
1
—

17
21
41
15
5
14
6
3
4

3

;

••
*
2
9
1
1

7
3
4
!

2

*
~
1
1
-

1
5
7
4
~
1
1
—
1
-

|l8

1

1 3

j —

1
—
-

- ! 1 t
i

1

23

!
i 17

1 21

_
1
2
3
1
1
4
1
-

2
1
4
1
1
2
1
—

20

4

—
2

\

——
j 126

2
4
6
1
2

\

2

!
14

1

•
—
~

[

13

Connecticut
i

'
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
|
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

1

All groups




—

1
6
11

5

8
16
8
6
61

mm

—
!

1

I

-

—

—
1
—

"

—
—
-

—
-

i

J —

r

[

—
j _
| —

-

1 -

1 —

^m

i 1 4

1

,

4

| 1

j-

|17

13
j 22

-

1
2
1
1
1
—
-

—
2
3
4
3
3
-

4
23

i 6

-

mm

~

1
1 15 1
1 2
3

i —

—

t

1

i

15

6
1

i

ii

,

- 12/ Table II-f - Number of National Banks Grouped by States, by Size of Loans
and Investments, and by Fwate of Net Profits on Invested Capital

Size group
l o a n s and i n v e s t m e n t s

1926 (Continued)
Number of "banks
Reporting net
d e f i c i t s or
R e p o r t i r ig n e t p r o f i t s
no n e t p r o f i t s
Total
~oT~]~~% j 12jb
6>? 1 0.0/i ; Less
or j
to
to
and
to
to
: than
more ^ 5 ^ 3 % L_3£
11.9% 1 over
5.j£a
Delaware
1

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2 , 0 0 0 , 0 0 0 - ;;,000,000
5 , 0 0 0 , 0 0 0 - 10,000,000
1 0 , 0 0 0 , 0 0 0 - 50,000,000
5 0 , 0 0 0 , 0 0 0 and over

-

5 !

u
2

i

k

\

3
—

A l l groups

_
_
_
-

_
-

IS

_
2
-

__2

2
-

_
-.
1
-

«.
1
1
-

10

—
2
_
1
-

mm

1

2

_
-

1
•

2
1
1

u

_3

D i s t r i c t of Columbia
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2 , 0 0 0 , 0 0 0
2 , 0 0 0 , 0 0 0 - 5,000,000
5,000,000 - J D , 0 0 0 , 0 0 0
1 0 , 0 0 0 , 0 0 0 - 50,000,000
5 0 , 0 0 0 , 0 0 0 and over

1

k
k
*

A l l groups

13

1
j

~
-

i
1
i

-

_
—
—
-

_
~

—
-

-.

i

..
2
_
2

—
.
1
1

__
Under $150,000
150,000 - 250,000
k
250,000 - 500,000
10
500,000 - 750,000
5
750,000 - 1,000,000
7
1,000,000 - 2 , 0 0 0 , 0 0 0
10
2 , 0 0 0 , 0 0 0 - 5,000,000
< 1 8
5 , 0 0 0 , 0 0 0 - 10,000,000
3
10,000,000 - 50,000,000
7
I
;!
5 0 , 0 0 0 , 0 0 0 and over

1
!

u,

1
2
~
1

2

1
j
!
j

-

~
~

64

A l l groups




!

i

,-

>

3

1

!
!

-

5

—
1
1
1
1
—
«

it

3
2
2

i

1

-

«.
1
1
1
-

1

—

|

-

| 4
\ ~
\ 1

r

! _
1
2
-

3

7
>.. ,

Florida
1

-.
-

~

i —
1

—
•

.,.,..

-~
~
~
1
-

5

j

!

_

1

1
2

i 5
i 3

1
~

3
i

-

1 3
-

~

6

i
!

2
1

12

31

14
1

4

~ 12S ~
Table I I - f - Number of N a t i o n a l Banks Grouped "by S t a t e s , by Size of Loans
and I n v e s t m e n t s , and by Bate of ilet P r o f i t s on I n v e s t e d C a p i t a l
1926 (Oon t i n u e d )
Number of banks
Reporting net j
Eepoi t i iig n e t p r o f i t s
d e f i c i t s or
i
no n e t p r o f i t s I
| T'n-Hpill I
1U y e l
r
6'/ j o.o^l Less
12?b
than
or
and
to j to j to
to
more 1 5.9$ 1 11- \ 5.9% i 8.9% ! 11.9ft 1 over
j

Size group
l o a n s and i n v e s t m e n t s

Georgia

J-1

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2 , 0 0 0 , 0 0 0 - 5,000,000
5,000,000 - 10,000,000
1 0 , 0 0 0 , 0 0 0 - 50,000,000
5 0 , 0 0 0 , 0 0 0 and over
A l l groups

_
1

12
21
lU
10

2

g I

-

<

2

2
—
1
-

j
i

3 I

7
9
3
3

7

2
|

-

1

10

_

3

-

2 1

I
1
-

|

18

1

~
1
j | _
-

8

I

2
1

!
26

~
2
2
1
2

6 1

2

2
-

1

13

2
1

2 j

~

0

1

—

k

5

-

_S2_J

— i
1 1

1

2
-

—

10 I
2

1

i

1

k

Idaho
'
TJnder $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2 , 0 0 0 , 0 0 0 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
5 0 , 0 0 0 , 0 0 0 and over
A l l groups

'

5

j

20
3

1

\

1

(

..... IT.

l
1

k

1 "

j 5^
!

1
i-

~

j

1

1

•

;

7

110

2
1

1
-

k

5

-

3

2
I 1
1 —
1 -

1
2
2
_
_
I -

!_8

2

5

9

3

1

3

Illinois
Ik

T

2

j~4

55

3

5

i 110

6

8
S
-

1 s

1 73
1

1
_
1
-

1

j 13

1

I

1
1
: -

1
1
—
-

- -

j




5

1 s

1

A l l groups

1

5

!

~7~

i
1
2
2
2
—
—
-

1

s

L

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2 , 0 0 0 , 0 0 0
2 , 0 0 0 , 0 0 0 - 5,000,000
5 , 0 0 0 , 0 0 0 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

'

2

62

75
60
19

5
k

1
~
-

1 l
1

1

-

1 k

i—
^
j ^76

k

1 20
J

!

26

i 12
h

1
IS

r~i

1 ~

2

8
21
21
10
IS

3
39
18

115
6
16

1 is

g

16

-

3

3

~

-

l
1

82

1U0

3
6
7
3

36

17

3

10

6
17

16
6

9
15
6

2

l
l

10U

6S

1

2

~ 129 Table Il-f - Bomber of National Banks Grouped " y States, " y 3ize of Loans
b
b
and Investments, and " y Rate of Set Profits on Invested Capital
b
1926 XCont inued)
_ _ r _ a n 'i«_f ••fi'innr.- •••

;,

1

Size group
l o a n s and i n v e s t m e n t s

Total

• ,--.-—_-_arir-

!
!
!

33
hs
35

25
|

^7

23
5
4
-

235

All groups

,,.,_,

.

..

1
2
1
1
1
—
—
-

than

to

3^

b.9^

Indiana
_ _ _

2
~
_
—
~
-

6

IF

1

,

„,

to'

or
more

!

,

~9? 1

Less3^i

0)0

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

_ ,,

^Fumber of banks
Reporti
ng n e t
ag net p r o f i t s 3
defic
i t s or '
Reportii
no n e t
ofit
;—7r?
1p r 0.0%s |
1256'

7

1
_,
_

to
______

and
to
1 1 . 9 $ 1 over

___

16

9

6

9

1
1

5
11
i4

5
4

k

!

12

g

2

g 1

2
2
1
2

10

13
-

g
1
1
-

5

2
1

6S

17

11

6

3

~
—
-

7
15

72

47
_
2

—
-

7
7
3

6
4

4

!

4
3

j

2
2
lg

Iowa
_

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

_____
11
21
12

36
110

54

2S

-

_53

•

—

1

g

20

5

3

23
15

19

l4

6
6

7
6

3

i

b

3

"7

1
_
-

3

60

[_51

2

4
3

32

13
7

62

l
-

296

1!

7

3
3

34
17
6
3

All groups

5

f

1
-

2
2
-

4

p

2
l
-

1

-

2
—
1
—
—
-

13
_____

Kansas
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,00c - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5 V 000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups




1
I
!
i
i
,

r
D

2g

4
9

53
S5
32
16
21

i
i
j

2
1

15
3

!

O

11
11
1

-

l
-

254

3

25

~~6
9
16
7
l

4

3
^

l
-

,

_

4
13
13

2
10

2

19

g

5

6

7
5

—

'

5

! 4
i 3

:

2

1
—

-

1 -

1
-

l'4 5

[50

[44

i 1
!

i ,

4

—
2

19
5

1 "
~
-

2
2
2
1
-

33

23

6

3
4

- 130 Table Il-f - lumber of Rational Banks Grouped by States, by Size of Loans
and Investments, and by Hate of Net Profits on Invested Capital

Size group
l o a n s and i n v e s t m e n t s

l"P/-\ f n l

1926 (Continued)
Number of banks
Reporting n e t
Report!] rig n e t p r o f i t s
d e f i c i t s or |
L no n e t p r o f i t s 1
12)0
bjo j 0.0ft J Less | y>o
and
to
to
j
or J
than j to
to
more \ 5.9fr ! 7* I5.9%1 8.9% 1 11.9% 1 over
1

Kentucky
i

r

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2 , 0 0 0 , 0 0 0 - 5.000,000
5 , 0 0 0 , 0 0 0 - 10,000,000
1 0 , 0 0 0 , 0 0 0 - 50,000,000
5 0 , 0 0 0 , 0 0 0 and over

3g

!

2k
15
32
12
2

-

-

j
|
i

1

~

1
1

|

I

-

3
Z.

1 io

i
h

-

1

i

l

i

~

—

5
5

i

5
5

l

^

3
1

7
5
-

1 1

—

2
1
1
2

10

~

I

—
-

~

6
5

! M
| -7 1
!
1

«

—
-

15

MM

~
-

2
2
-

~

-

1

1 -1
j 1|

3

-

i

?
-

j

I

j -

"

i

A l l groups

133

!

•

12

5

m

i 32

• '

23 1

20

Louisiana
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2 , 0 0 0 , 0 0 0 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
A l l groups

_

_

mm.

1
l

-

1

1

—

3
6
5
3
5

~
-

~
-

1

-

_
_

2

2

1

-

1

3

-

-

1

l

—

*
-

"*
"
_

—
—
—

2
2

—
—
—

1
1

2

1
+
—
-

l

32

1

i

3

i

2

1
1

~
~
-

~

1

—

-

~

1

!

—
-

-

1

1

—
—

3
1

i

1 5 !8 15

[

6

!

k

Ifeine
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2 , 0 0 0 , 0 0 0 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
A l l groups




;' ' '

1

-

!
!
•
1

2
k
s
6
16
Ik

\

0

1

1

j

2.

!

i

5T

i!

mm

""
-

!

~
~
-

I

1

|

1

!

j

-

-

1

_

-

~*
—
—
-

I —

j
>

_
—
—

-

i 1
1
1
2
2

—

1

0

—

u
1

1 2

U
3

7
6

1 —
~
j
1
j

i 5
-

-

18

1 12

3
1

—

1
2
1

7

~

{T~

1
2

_
—
-

M

1

1

l
1 "*
*

2

1- *
*
19

- 131 Table Il-f - Number of National Banks Grouped by States, "by Size of Loans
and Investments, and "by Rate of Net Profits on Invested Capital
1926 (Continued)
dumber of oanks
Reporting net
Eeportiiig net profits3
deficits or
no net -profits
Total
12$
0.0$
3$
6$
Less
and
to
i to
to
to
or
than
5.9$
^5.9$ 8.9$: 11.9$ ever
more
3$

Size group
loans and investments

""9?

Maryland
_

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10.000,000
10,000,000 - 50,000,000
50,000,000 and over

—
1
.
—
~

—
~

_
-

i

i

1
1
1

_
-

2
2
2

2
—

_
i

—

—

2
1
1
6
6
3
2

1
2
1
6
5
3
2
2

_
—

5
4
10
4

-

—
-

-

-

-

—
-

84

All groups

«.
—
-

_
—
.
—
~

2

3

5

co

2
8
12
14
24
14
6
4

1

21

22

23

1

—
~
3

_
—

1
3

1
1
6
6
3
1

1

1
—

1 2
j -

1

j

—

Massachusetts

157

All groups

1
1

_
-

—

1
1

—

—

—

1
2
1

3
4
2
1

-

-

1
2
5
6
14
5
3
2

3
5
2
12
12
3
4
2

i 11
! 13
i
3
|
1
-

7

14

! 38

44

i

«.

1

i

1
—

~
~
_
~
—
—

3~
2
8
12
11
39
49
18
11
4

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

1

2

—

!

35

_
i 18

'
Michigan
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups




4
6
14
20
17
27
22
11
7
1
129

—

»
,

1
1
2
5
6
2

™

—
-

3
2
3
3
5
7
2
4
1

9

17

30

2

1

~
—
~
~
_

-

1
—

2
2
3

1
1
1

2
~
~
4
. , ,
,

—
~
-

8

3

1
-

1
"

i

!

M

M

1
5
5
2
4
2
3
2

1
3
7
3
9
8
6

:

-

24

37

- 132 Table II-f - Number of National Banks Grouped by States, by Size of Loans
and Investments, and by Rate of Net Profits on Invested Capital

Size group
loans and investments

1926 (Cor .tinned)
Kaniber of banks
Reporting net
Eeporti ng net profit:
deficits or
fPnfnl J no net profits
X U l/ai 1
0.0^>
Less
9^ 1 12c>
3^ 1
and
or
than
to
to
to
to
more i 5.95o
11.9% 1over
!
i
sM 1
Minnesota

1
10

7

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 ~ 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5.000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

32
105
51
23

7
7
2
1
1

1

-

277

29

12

3
7

is
k

5
21
q

12
11

3

3
3

36

All groups

k

1
8
19
S

6

—

2
19
8

—
1
16

—

2
11

3
3

5

u

2

0.

u

-

—
-

S
2
1
1

3

2 1

-

-

-

1
1
1

*3

46

46

48

32

33

_
«
-

_
-

1
2

2

_
-

2

_
~
«.

3

4

1
;

l

J

2
1

7
3

\

3

-

_
_
Lssissippi
M:
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups

—
_
-

—
«
.
~

-

3
7
8
13

-

r-

3
—n

3^

_
—
-

_
~
_
~
~
-

1
1
1

-

U
5

4

l
1

ii _

-

"1"
3

|7

13

~
-

2

-

1

i
L_5 _ 6

Missouri
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5.000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
I
50,000,000 and over
All groups




12
12

36
l4

!

;

3

: k

2
1

1
2

—
-

_

1

3
3

1

!

!

l

!

k

k

i 5

•• k

I 3

-

! 2

^

-

1 2
2

9
4

7

1

"
-

i1

^

1 k

3

-

l

k

1 3

1

2
-

129

10

ik
Ik
15
8

3

i

2
• 1

1

3

1l I 3
1

-

1
-

1

lk1

-

3
3

6
3

\

3

l

il

1
2

~

-

-

1

-

23

1 12

18 [20 1 32

|

l

,,,

•

....

- 133 Table Il-f - ITiamber of National Banks Grouped by States, by Size of Loans
and Investments, and by Rate of Net Profits on Invested Capital
1926 (Cont i i m e d )
3mbi sr of banks
Reporting net 1
R e p o r t i ng net p r o f i t S
d e f i c i t s or
no net p r o f i t s )
Total |
—_—p
"1256
0.05S 1 Less
or
to
and
t h a n i to 1
to
more j _ 5.9* 1 3 * I 5-9li t o
11.9^1 over

Size group
l o a n s and i n v e s t m e n t s

Montana
Under $150,0©0
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

1
-

2

3
7
l
1
-

75 1

A l l groups

9 1

2 1

1

3
1 1
—

1
l
2

-

3
1
l
l
-

1
1
-

1 1

- 1

-

17

3

-1
- j

-

1C

11

3|
k
5

5

5
3

~
1
-

~
1
~
_
-

g '

n

3
3
3

7 I

23"!
15
15

12

-

-

!7 1

i

-

i

_
~
~
1
1
1
-

7

3

-

1
2
2
1

He'braska
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

1

A l l groups

11

g

2
2
-

61
30
16
10

1

-

13

22

;

1

k

7

3
k

0

7 '
2

3

!

-

3

i

""
"
**
*

2
2
-

-

157

|

5

!

3

1
-

5
9
5
5

2
l
1
1

1

!
|

1

lk
1
+

2
1

2k

27

1
3

!

1
1
1
-

1
1
1
—

j

-

3
„

_

1

-

30

25

H
6

i

ik

2g

9

Eevada
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups




-

i

r
2

3
r

—

2

3

1

~

~

1

10

~
_
~
~
~
-

I

~
*
~
-

1 ~
-

1

1

) —

j

-

~
~
—
-

•

15 1 1

|

1 -*

"~
-

~

i

*"
—
-

~

)

-

*"
-

-

J 1

1 -

-

*

2
1
"*
1
1
—
-

...

.

.

.

1

1

1,

~
~
2
l
1
—
~
-

k

- l^h Table II-f - Number of National Banks Grouped by States, by Size of Loans
and Investments, and by Hate of Net Profits on Invested Capital
1926 (Continued)
X\ U l l i U P X

i

Size group
l o a n s and i n v e s t m e n t s

U J.

Report ing net
defic]its or
no n e t p r o f i t s

i
I

T o t a l j-

6% f

!
\

E e p o r t i ilg n e t p r o f i t s

6*0% j L e s s

or
|
more 1

to
5.9%

U CLIJX-P

3^ ~
!

j

to
5£k

than
\

j

_3l_i

0/<? j
1L2F"
1 and
to j to
A sM 1 11.9% i o v e r

New H a m p s h i r e
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5.000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All

T

u

7 1
8 |
12
11
~

i

i

j
|

1

1
1

i

i

3

i

j
i

35 !
20

-

*.

2

'

11

22

12

5

-




groups

1
2
2
k

7
k
1

3
5

3

[

7

-

13

i

4

6
l
10

5

5
5
5

5
6
7
11

^
1

5

!

-

! 3°

—
l

—
i

3

r
0

9
lU

7
3^
35

21

16
3
7

~
-

i

s

-

!

Ul

10

!

63

Ins
f

Hew Mexico

!1'

All

— 1

i

2

—
l

3

1
1
~

t

1

!
i

I

5
S

!

5

!

1
2

i

6

S

j
!

1
~"

1
!

30

i
|
j

1

~
1
-

1
~
-

~
~

I

i 3 ^

3

-

1

2

1

|

2

1

—
•

5

2
1
2
2
1

!
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

j

"*
"

1

_
2

3

3

275

l
-

~

—
l
l

1
_
2
-

~
-

17

3 1

mm

i

New J e r s e y

75
70

1S

1
-

j
|

~
-

~

2

-«
1
1
1
1
1
-

»-p

1 1

- 1

~

"*
~

rr

- 1
1

i

-

55 !

9
30

—

~ 1

-z.

groups

groups

-

13

Under $150,000
150,000 - 250,000
250,000 - 500,000
!
500,000 - 750,000
;
i
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
!
5,000,000 - 10,000,000
10,000,000 - 50,000,000 i
50,000,000 and over
All

— 1

i

2

1

-

~
2

7

~
-

[5

_
~
~
1
-

'

l
l
l
l
2
1
-

1 1 ]7

1

—
•

!

l

—„

~
1
_

1
1
1
—
"*
-

~
~
""

"*
—
-

3

15

13
J

~ 135 Table Il-f - Number of National Banks Grouped by States, by Size of Loans
and Investments, and by Rate of Net Profits on Invested Capital
,

1926 (Continued) .
Hum"3er of banks
Report i n g . n a t |
d e f i c i t s or
E e p o r t i i ig net p r o f i t ' 3
Size group
no net p r o f i t s
l o a n s and i n v e s t m e n t s | T o t a l
65© 1 0 . 0 ^ 1 Less j yp ~W~\ ~~W~] 12$
or
j
and
to
to
i tnan
to
to
more j
over
_ 3 & . I 5«9!e !
11.9ft 1
New York
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2 , 0 0 0 , 0 0 0 - 5,000,000
5 , 0 0 0 , 0 0 0 - 10,000,000
1 0 , 0 0 0 , 0 0 0 - 50,000,000
5 0 , 0 0 0 , 0 0 0 and over
A l l groups

—
2
1
2
—
1
1

—
2
1

2
12
71

66

60
131
120

1

!

_
-

35

IS
11

_ZL

_ _ _ _ _

„.

-,

2

4

2

_,
_
14
27
27

32

59

12

wm

j

24 1 56

6

l
_i

~~
23

7
4
_J

6
3
_3.

7
.4

51

3

2

7

•

2
18
14
20

1
3
4
12 ! 20
7 I l4
1
g
10
25
2S
9
— 1
•

U

-=•

4

526

1
1
^

113

122

206

l
2
3
2

_
1
2
2

4
6

s

No r t h C a r o l i n a
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2 , 0 0 0 , 0 0 0 - 5,000,000
5 , 0 0 0 , 0 0 0 - 10,000,000
1 0 , 0 0 0 , 0 0 0 - 50,000,000;
50,000,000 and over
A l l groups

—
_.
—

1

3
9
9
9

26
16

•

mm

1
—
_
-

~
-

5

1
^

79

f

1
1
2
1
2
—
—
-

k

-

1

—
1

mmm

1
2
1
—

9

3
3
3

7

1
1
-

1
—
-

! 19 _ 19

_ 7

5
3

—
1
!

~.
—
—
2
, 1
1
—
-

21

u

1
2

1
1

North Dakota
Under $150,000
j
150,000 - 250,000
\
250,000 - 500,000
i
500,000 - 750,000
|
750,000 - 1,000,000
1,000,000 - 2,000,000
2 , 0 0 0 , 0 0 0 - 5,000,000
5 , 0 0 0 , 0 0 0 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
A l l groups




20

5

3^
55

10
11
2
l
—
-

16

3

12

5

l
-z.
146

i

!

~

-

29

1 10
5
j

*
+
4
-

4
6

i
!

1
!

1

j
1

~
-

\

25

1

2

n

! 11

2

1
-

1

-

-

3

2

11
|
j

7
2
1

-

1 24 1 29

1 2
2
10
2
- 2

1-

-

1 1S |

5

3

2
1
1
1
-

2
~
1
"*
-

13

j 8

~ 136 Table Il-f - Number of National Banks Grouped by States, by Size of Loans
and Investments, and by Rate of Net Profits on Invested Capital

Size group
loans and investments

1926 (Continued)
Number of "banks
Reporting net
Eeporti ng net prof, t
S
deficits or
' Total no net -profits
6$ i 9fo
12fo
6$
0.0$
3$
Less
and
or
to
to
to
to
than
5.9$ 8.9$ ! 11.9$ !over
more
5.9J&
Ohio

Under $150,000
9
150,000 - 250,000
1 26
250,000 - 500,000
69
500,000 - 750,000
42
1
750,000 - 1,000,000
56
1,000,000 - 2,000,000
69
2,000,000 - 5,000,000
44
5,000,000 - 10,000,000
15
10,000,000 - 50,000,000
14
—
50,000,000 and over

344

All groups

_

1
5
1
2
1
1
—
—

.

3
2
5

2
8
1
3

—

3
3

r
w

2
1
1

—
—

1

5
10
20
12
14
19
9
1
2

M

—.

3
8
8
11
9
10
5
1

1
7
21
18
19
30
20
7
8

i
2
2
4
2
2
1
1
-

11

17

92

131

55

15

5
16
9
6
4
2
1
1

9
3
14
3
3
3
2
1

6
10
10
2
1
5
3
1

3
5
10
4
2
1

6
20
35
9

—
-

-

—
-

44

38

38

i 27

1
3
4
2
1
4

•
-

«
•

_

3
3
2
1
4
2
1

2
2

1

-

—
-

—

1

1

16

12

12

23
Oklahoma

Under $150,000
53
150,000 - 250,000
i
94
250,000 - 500,000
102
500,000 - 750,000
! 37
750,000 - 1,000,000
! 25
1,000,000 - 2,000,000 j 19
2,000,000 - 5,000,000 1
15
5,000,000 - 10,000,000
5
10,000,000 - 50,000,000 j
4
50,000,000 and over
I
-

354

All groups

13
21
11
7
4
1
1

11
19
13
6
4
1
2

—
—
-

_

1
-

58 _ 5 7 _

All groups




[

1

-

1 ~

7
6
5

1
3
-

1 92

1
Dregon

I
Under $150,000
1
150,000 - 250,000
j
250,000 - 500,000
500,000 - 750,000
1
750,000 - : 000,000
1,000,000 • 2,000,000
2,000,000 • 5,000,000
5,000,000 • 10,000,000
10,000,000
50,000,000
50,000,000 and over

1 X1
!

!
!
!

6

16

24
15

8
17
5
1
3
95

2
3
1
2
-

2
:

10

1
4
4
3
1
-

2
~

10
2
1
-

1

—

~
—

14

16

15

1

—

2
3
2

-

4
2
4

~ 137 Table Il-f ~ Number of National Banks Grouped by States, by Size of Loans
and Investments, and by Rate of Net Profits on Invested Capital

Size group
loams and investments

192S (Continued)
Number of banks
1
1 Reporting net
Reporting net p:
! deficits or
rof its
j no net profits
Total
0.055 Less j yio
1 6 * .
to
to i and
j or
to
than 1 to
1
more
5.9*
3* 15.9*. 8.9* ,11.9* !over
1
, „
1

1
•
Pennsylvania

-,

|

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

IT1

1

| Ho 1 4

3
6
3
3

118 1
124 '
98
22U
| 159 |

1

2
2
4

54

_£

13

4

3

6
3

-

—

857

All groups

7
6
3

4

-

25

1

2
1

h
5

2
11

lU
16
12
30

37
33

ik

27
60
44

s

16

~

2

33
40
26

68

5U
37
9

54
19
8

12

3

1

-i.

7
i

—Z,

^ 5 _

235

202

—
;

l \

8
21
29
24

33

23

!106

Bhode Island
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

—
*

~
~

~
~
-

~
~
_

~

l
2
-

2
2
1

h

1
-

All groups

~
_.
~

„

~

\

13_

1

1
1
~
_

~
—
—
-

-

2
2
1
1

2
1
-

-

~

5

7

_
_

3!
IS
10

3

1
1

1

-

5

-

1
2
1

17
8
2
1
-

l
l
-

j

1
i

-

1

k

2
2
2

1
1

~

—




67
1

i ~
i

~

1 —
1
-.
-

1

6

!

S

2

-

~
-

8
1
1

! 4
4

~
-

-

\ 21

1
"*
-

-

U"

_

1

1 1"
*

1 "'
"

i

~

1
2

1

1 11

1

"
"

1 ' 4
+
2
3

~

1

All groups

—
~

~
_

South Carolina

.

[Jnder $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

—

~
-

~

_

..
~

j

5

~
~
~
~

1

12

~ 138 Table Il-f - Number of Rational Banks Grouped " y States, " y Size of Loans
b
b
and Investments, and " y Rate of Net Profits on Invested Capital
b

Size group
l o a n s and i n v e s t m e n t s

1926 (Continued)
1
Uumber of "banks
I Exporting net
d e f i c i t s or
R e p o r t i ng net p r o f i t
1 no n e t p r o f i t s
Total
0.0>o
I 6>o
Less j 3fc
to
1 or
to
than j to i t o

S

12/£
and
over

n.9£

1 more 1 *}*9% 1 3fr i 5.9# i 8.9^
South Dakota

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2 , 0 0 0 , 0 0 0 - 5.000,000
5 , 0 0 0 , 0 0 0 - 10,000,000
1 0 , 0 0 0 , 0 0 0 - 50,000,000
5 0 , 0 0 0 , 0 0 0 and over
A l l groups

i

2

6

1

13
3S \

1
+

2

2

4

10

7
3

5

5 ,
5

2

3

IS

5
5
7
~
"
_
Z.

_JJL

2
1
!

1
-

1

_.
_

1

-

4

i

1

1
—
1
-

3

l
—
-

!

20

1

i

19

16 j _ 1 7

2
1
4
2
2
4
~
-

2
~
1
~
-

_
2
«
1
-

15

9

3

1
2
10

,,
1

5

4

2

3
5

1
-

5

Tennessee
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2 , 0 0 0 , 0 0 0 - 5.000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

4
S

29
15
13
16

5

n,

1
1
2
1

1
_
1
»
!

-

*

5

_

,

99

2

l
2
1
l
l
-

1
—

-

6

6

2
2

5

2

(

-

7

2
1
-

-

^
1
1
1
-

j 21

30

&

10

25

19
20

10
22

10

21

45

31*

17

14

20
2

9
5

10

7
9
7
9

11

3
3
!

1
2

I

1

1

j

6

1
-

3

)

A l l groups

j

Texas
Under $150,000
| 115
150,000 - 250,000
134
182
250,000 - 500,000
500,000 - 750,000
70
3S
750,000 - 1,000,000
1,000,000 - 2,000,000
40
2 , 0 0 0 , 0 0 0 - 5,000,000
3s
5,000,000 - 10,000,000
17
1 0 , 0 0 0 , 0 0 0 - 50,000,000
12
5 0 , 0 0 0 , 0 0 0 and over
-z.
A l l groups




6U6

11

25
!7

^
21

20

3

0

j 15
i 24

5

| 22
'i
S
1
i 13

2
1
-

1
1
-

r

2
2
-

6

!

56 1

82

5

J3_

5
6
7

3

1

10

2
-

1
-

125

112

3

13
23
6

9
3
2
-

-

i 95
1

S7
111

„

~ 139 Table Il-f - Number of National Banks Grouped " y States, " y Size of Loans
b
b
and Investments, and by Rate of Net Profits on Invested Capital
1926 (Continued)
Hum oer of banks
Reporting, n e t
i d e f i c i t s or
Ee p o r t i ng n e t p r o f i t
Total no n e t - p r o f i t s
1
~9$
6$
0.056 I Less
to
than | to \ to
to
or
5.9$ i 8 . 9 # 1 1 . 9 $
5.9$ 1 3$
more

Size group
l o a n s and i n v e s t m e n t s

i
Under $150,000
150,000 - 250,000
250,000 - 500,0'JO
500,000 - 750,000
750,000 - 1,000,000
1
1,000,000 - 2,000,000
2,0u0,000 - 5,000,000
!
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
.All groups

3

12/o
and
over

Utah
mm

3
4
2

3
2
3
3
~
~
20

—
.
«.
—
~
_
1
—
«
~
1

-

_
~.
1
~
— 1
—
2
~
~
~ 1

...
—
~
—
_
—
-*
—
~

j

_
«
_
2
1
1
1
~
2
—
-

1
~
—
—
1
— 1 —
~ ' 1
— ! 1
—
~

3 1 4

;

3

»,
»
—
1
~
1
_
_
~
_
-

7

*»
~
2
«
~
1

2

Vermont
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
111 groups

^.
i
8
7
8
14
8
~
~
~

_
_
1
~
—
—
—
—
_
~

_
_
~
_
«
~
—
—
~
-

46

L_

-

«,
—
—
—
1
—
_
—
~
-

1 1

3

_19_

2
4
9
6
4
4
4
1
—
~

_

_
1
3
3
3
5
4
-.
_
-

„,

~
3
2
2
1
~
—

—
1
2
4
3
—
—
^
10

~
1
1
~
4
1
~
~
•

?

Virginia 1
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2 , 0 0 0 , 0 0 0
2,000,000 - 5,000,000
!
5,000,000 - 10,000,000
1 0 , 0 0 0 , 0 0 0 - 50,000,000
50,000,000 and over
A l l groups




5
8
43
33
20
28
19
9
5
~
170

~
2
2
—
~
1
~
-

—
1
4
—
—
—
1
-.
1
-

5

7

3
2
1
4
3
2
1
1
1
18

34

~
20
16
8
14
10
5
1
74

^m
„

1
1

5
5
4
6
1
«
««

21

—
•
1
2
—
1
2
1
2
2
11

~ 1^0 Table Il-f ~ Number of National Banks Grouped ty States, by Size of Loans
and Investments, and " y Rate of Net Profits on Invested Capital
b
1926 (Continued)
j

Size group
loans and investments

Number of Panics
i Report,ing net
Reporti ng net; profii s
;
defic its or
no net profits
Total
I 12$
j 9$
i 6 $ I 0.0$ j Less 3$
i and
to 1 to J to
to
or
1 than
15.9$. 1 8.9% 1 11.9& i over
more ! 5.9$

I 6$

1 zi

j

Under $150,000
!
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

Washington

1
1
3

3

7
27
17
12
16
14
3
6

I

•
"

1
2
~
—
—

1
2
2
1
1
1

I

1

—

|

1

1

mm

~
9

_

~
~

—

1
3
4
3
1
5
1
1

1
5
7
4
4
4
2
3

-

-

19

30

_

•
»

2
11
5
3
9
4
4
1

1
4
6
1
5
3

—
~

1

1
4
1
2

5
2

1
1

1 5
3

- 1 —
1
~
- '

-

8 i

1

~

1 —

—Z.

*"
*

-

—

105

All groups

j

1
5
2
1
2
1

13

L_9

' 17 _

West Virginia

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000j
50,000,000 and over

-

7
3
2

1

1

_

~
*
"

124

All groups

_
-

~
.
—
—
—

5
4
36
21
9
27
14
7
1

—
—
—
~

1
1

6
3
9
5
1

—
-

-

8

\ 14

1

5
-

1
1

—
i
ii

36 ;

2
—
_

2
1
1

-

—
—
-

—
-

39

20

_ 6
_

Wisconsin

Under $150,000
|
150,000 - 250,000
|
250,000 - 500,000
j
500,000 - 750,000
|
750,000 - 1,000,000
j
1,000,000 - 2,000,000 i
2,000,000 - 5,000,000 !
5,000,000 - 10,000,000 !
10,000,000 - 50,000,000|
50,000,000 and over
|
j

All groups




!

3 1
11
23
20
21
37
27
10
4

j
i

-i 1
157

|

2
1
1
1
—
—
—1
_
_
~~
5 j

•
—

1

—

2
2
1
1
—

j

2

"
*

j
j

—
_

—
—Z.

~~
"*

J£j

6 1

11

5
3
1
4
1
1

1 j

|
j

4
2
3
4
1 j
— 1
—n

mm

j

5
4
2
8
14
10

31

2 !

„ ,

1
5
4
6
7
8
3
1

- 1JL, i

18 j 48 !

36

mm

mm

5
5
3

9
4
2
1
—n

29

- llu Table II-f - Number of National Banks Grouped " y States, by Size of Loans
b
and Investments, and by Hate of Net Profits on Invested Capital
1926 (Con t i n u e d )
Nam"ber of banks

Size group
l o a n s and i n v e s t m e n t s

Total

Reporting not
d e f i c i t s or
no n e t p r o f i t s
6^
O.Ojo
or
to
more
5.9%

Reporting net p r o f i t s
Less
3^
than ! t o

65b
to
8.9%

1256
and
to
1 1 . 9 i ! over

Wyoming
1

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2 , 0 0 0 , 0 0 0 - 5,000,000
5 , 0 0 0 , 0 0 0 - 10,000,000
10,000,000 - 50,000,000
5 0 , 0 0 0 , 0 0 0 and over
A l l groups




3
11

1
2

k

1
2

1
1

1
2
l

1

1
1

8

5

1

3

1

1
1

2
1

7

1
1

3

i

1

1

32

2

k

1

7

- 1^2 Table Il-g - Number of National Banks Grouped "by States, "by Size of Loans
and Investments, and "by Rate of Net Profits on Invested Capital
1927

Size group
loans and investments

jfcmber of "banks
Reporting net j
deficits or
Reporti ng net profits
no net profits
Less j •hi
0.0$
125*
3%
than 1 to
or
and
to
to
to
7^ 1 5.9$ s.si 1 11.9* over
more
5.9>

Total

Alabama

10
22

-

19
15
17
9

1

——

~
-

105

k

2

k

All groups

-

1
1
1

7

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

1

2
2

-

2

2

2
l

k

-

-

3

1

-

-

20

12

6
6
3
6
3

~
-

_
-

s

\

3 '
k 1
5
6
7
5

28 ! 33

!

1
2
1
2
1

1

-

1

i

3
3
3

5
3
-

l

Arizona

1
2

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

~
~

k

2
-

3
3

.

1

|

1

1

1

-

15

1
-

—
_

~
i
1

—

\

~
—

t

1
i

1 1

1
1
-

1

-

All groups

~
-

1

1
~

1 i

—

I

1

!
1

-

j

2

|

1

1

i

2

—

1

_
-

1
2

1

—

_

_
—
-

! ~

t

i
1
1

1 -_
i
I i
i

1

1

t

3

'

—

1

|

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups




8

1n
1

20

1

?
3
6

U
k

J 63_

1

! ~

1—
i

1

j

!

1

LL

Arkansas
—

1

2
1
1

-

-

~

1
1

1
-

2

4 1

1

i

—

3 1
1
2

3

s

!

2

k

1
1
1

2

-

*
—
-

~
~
~

1

2

2
1
1

1
1
-

3
1
2

-

I

7

1
1

6
1
~
~
-

5

! IS

! 13

11

9

-i43Table Il-g - Number of National Banks Grouped by States, by Size of Loans
and Investments, and by Rate of Net Profits on Invested Capital

Size group
loans and investments

1927 (Continued)
___^
Itfumber of "banks
_
Reporting net
Reporting net p r o f i t s
d e f i c i t s or
no net p r o f i t s
Total
6^ ~~9*
Less j yp
67O :
0.0)3
and
to
to
or
than i to
to
over
more
W 1 5-9fc S.9fr
California

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
A l l groups

7

3
3
3

21

47
35

4
1
-

2
2
2

3

2
2
1

5

6

3 !

-

r
0

_=.

—
—

213

20

3

18

j
1

7
3
5
6

j

3
7

*

2

b

9

5

...

2

1
g

3

3 i *
2
-

.»

M »

12
10

b
2
2

7

2
1

20
32
30
10

2

2

5

4
b

12

6

-

1
1
_2

_r.

3i+

36

l
2

1

1

-

-

5

_i 1 JL

1
2
_2

35

2
-

3

5
5

1

j
I

27 1 43
Colorado

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5.000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups

,

14
19

- i
?

,

?
7

k
2

7
3

6
4

7
3

j

-.

!

-

1

5
15

1

1

19

5
1

—

37

!

-

4
—

15

123

\
1

5
6
1

1
2
1
1

20

4
2
1

-

_
-

-

!

_

6

1

-

3

2
2

2

-

-

1

—

l

_
-

1

1
2

-

-

9

21

-

21 1 21

16
.

3

Connecticut
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups




_

2

6
9
7
9

1

i

16

7
g

Z.

64

,

_
~
-*
—

-

~

1

2

1

~

I

—
1

~
1

1 ~

1

—

"*
"
-

1 —
|

j

"*
—
-

i —
1

-

_
1
-

f

mm

1

1 3

3
3

1
2
2
-

l
-

14

„„

-

2
1
4

4
4

I

3

!
i

5

!

1 3

1

_

2 3

i

2
-

12

^
—

1
1
1
1

6
1

-

11

- Ikk Table Il-g - Number of National Banks Grouped by States, " y Size of Loans
b
and Investments, and " y Eate of Net Profits on Invested Capital
b
1927 (Continued)
Number of "banks
i fieporting n e t
Reporti 1ag n e t p r o f i l bs
d e f i c i t s or
Total 1 no n e t p r o f i t s
9fo
12#
6$
3$ ~ 6 $
0.056 Less
to
than
to
and
to
or
to
5.9$
5 . 9 $ , 8.9$ 1 1 . 9 $ over
; more

S i z e group
l o a n s and i n v e s t m e n t s

Delaware
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
5 0 , 0 0 0 , 0 0 0 and over

1
—
5
4
1
5
3
—
-

A l l groups

_
—
—
«.
~
.,
-

\

—
—
—
—
~
-

M

— '
~
~
_
**
"
-

19

1
2 !
2
~
2
_
—
—
-

~
2
~
1
I
~
~
-

~
1
~
1
-

_

......

—1
- '
2 |
1
2
1
6

7

4__

2

_.
~
—
_.
i
2 i
— !
2
-

*•
~
~
—
—

M

D i s t r i c t of Columbia
—
—
—
—
—
1
4
4
4
-

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
Ml

groups

13




,

mm

_
4
7
12
5
10
13
1
7
-

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2 , 0 0 0 , 0 0 0 - 5,000,000
5,000,000 - 1 0 , 0 0 0 , 0 0 0
1 0 , 0 0 0 , 0 0 0 - 50,000,000
50,000,000 and over
All groups

—
~
~
_
~
~
-

—
i
i
2
1
1
—
—
-

59

6

~
~
~
—
_
~
mm

_
1
1
3
—
—
4
—
2
11

—
—
~
~
—
—
1
~
i
i

—
~
~
»
—
—
1
1
—
~

i
1 J 2
Florida

_
~
2
—
1
1
1
—
! —

_
—
1
5
~
3
1
_
1
-

i

1 5 | 11

11

\

M

2
1
-

~
~
-.
—
\
-

1

~
~
—
—
1
1
~
3
-

—
1
2
**
"
1
3
3
_
—
-

_
2

r

~

2
2
1
3
1
1
-

—

5 i

1 4

_
1

M

1
|

5 ! 10

- i4.5 Table Il-g - Number of National Banks Grouped by States, by Size of Loans
and Investments, and by Eate of Net Profits on Invested Capital

Size group
l o a n s and i n v e s t m e n t s

1927 (Continued)
Number of banks
Reporting net j
E e p o r t i ng n e t p r o f i t s
d e f i c i t s or j
no n e t p r o f i t s |
1 Total
~~§fo
127&
6*
0.0J& 1 Less j yp
to i than j t o
and
to
or
to
more
5.9fr ? 35b i 5.9% g.9%1 11.9ft , over
Georgia

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2 , 0 0 0 , 0 0 0 - 5,000,000
5 , 0 0 0 , 0 0 0 - 10,000,000
1 0 , 0 0 0 , 0 0 0 - 50,000,000
50,000,000 and over
A l l groups

3
10
20
16

mm

~ I

~

1

3

1
-

11
8
2
2
1

2
1
1
-

82

7

9

'

i
7
5

4

31
1

u
2

3
4

l
l
l

-.
2
1
2
—
—
-

22

23

10

5

1
2

2
-

1
—

2

3

]
|

2
2
2
1
1
—
-

1

—
-

2
-

12

3

—
2 !
1

2

21
2

1
—

Idaho
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2 , 0 0 0 , 0 0 0 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
5 0 , 0 0 0 , 0 0 0 and over

5
6

20

5
4
6
*
1
-

1
1
_
1
_
-

2
1
2
1
2
1
-

2
2
1
1
1
-

3

1
1
_
—
-

9

7

4

_
1

!

4

4

1
—
-

9

5

10

4

6

_

_

13
26
16
10
13
i4

12

1 21
9

_

51

-

2
~
1
-

i

A l l groups

'

I 8

2
—
1
l
1
~~
~~

Illinois
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
7 5 0 , 0 0 0 , - 1,000,000
1,000,000 - 2,000,000
2 , 0 0 0 , 0 0 0 - 5.000,000
5 , 0 0 0 , 0 0 0 - 10,000,000
1 0 , 0 0 0 , 0 0 0 - 50,000,000
50,000,000 and over
A l l groups




l4
50
113
71

—„

56

2

80
62
17

4

-A
1+71

1

2

3
4
7
7
3
9

7

7
5

14

k

4
3

2
-

7
2

1

"*
"

i
!

u

-

1~

1

22

1—
1
-

38

1 3^
.;

>100
j..,,,

1 ??
i4
15
24
14

10
14
x

j 2
j 122

3

16

4
l

3

S
12
10
13

3

1

29

5

2
1

!

! x3
1
1

! 66
J

- lU6 Table Il-g - Number of National Banks Grouped " y States, by Size of Loans
b
and Investments, and by Rate of I e Profits on Invested Capital
Tt

1
Size group
l o a n s and i n v e s t m e n t s

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,033 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
A l l groups

Under $150,000
150,000 - 250,000
250,000 ~ 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups

1927 (Continued)
dumber of banks
Reporting net
R e p o r t ! ng net p r o f i t s
d e f i c i t s or
no n e t p r o f i t s
Total
~Tf0
Less ' 3jn
0.0*
Si j
than
or
to 1 to I and
to
to
over
more
5.9^
5.9% 8.9#| U - 9 # I
Indiana
5
2~

_

2

29

3

4s

2
1
1
~
-

l
2
1
-

9

l4

.17

31
23
44
27
5
5
225

IcTi

1
1
-

275

60

13

9
5

6
3

2

2
1
-

1
-

2
2
-

; 5b

73

40

16

—
~

1
l
2

7

2

3

10
10

1

9

6

8

8
8
12

-

5
_
!
1

•5

50

1

4

2

! 11

15

9

I s

O

3

6

3
4
2

7
l
2
—
1
! -

S
2

j
!

7
4

!

5
5
4

-

1
—
1
•

!

5 |
13 i
5 !

17

17

9
24
7
3
5

7
7
5

-

2 i

1
2

Iowa
2 j

12
21

_

J
i 9l

3

3
4

6

33 |
99 i
48 :
27
33
15
6
4

_
2

3
l

1
_

\ k2

: 38

!
,

21

! .15

1
10
22

;
i
!

1
3
8

—
2
12

5
4
4

!

j

3

2
1
—

j

; ks

Kansas
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
A l l groups




5
4

55

ss

2S
18
22

15
3

!

1
—— 1

253

8
2
2
1
1
-,
-

LiL_

6

•

5
2
2
2
-

38

1+

}

6

12

16
6

14
3
8

3

,

11

2
2

13
8

6

-

i —
i
i

i 45

2

-

| 50

2
2
| —

3

2
2
—

13

!

1

1

!
j

5
i 3

1

I —

1

! 50

!

j 20

! 27

-

- 147Table II-g - Number of National Banks Grouped "by States, "by Size of Loans
and Investments, and "by Rate of Net Profits on Invested Capital
1927 (Continued)
Number of "banks
r

Size group
loans and investments

Total

Reporting net
Reporti ng net profi tS
deficits or
'
no net -orofitsj
&/0 1 9$ 1 12$
6$
0.0^
Less |
to
to
and
to
than
or
to
8.9$ 1 11.9$1 over
3$
more
5.9$
Kentucky

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups

2
5
38
23
17
31
14
3
3

1

—

mm

i
l
7
3
4
9
2
1

~

1

i

2

—

4

2
2
3
1

—

-

—
«
~
—
~
—
~

—
-

—
-

136

__ft_

9

1 11

3
3

_
-

—

2
11
8 j

3
9 !

7
1
1

-

5
6
1
5
3
1

9
4
4
2
1
-

2

-

-

28

_
-

; 42

-

21 . 22

Louisiana
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups

1

i

—

1
2

•
*
2 !

~
—

1

_

—
—
_

1

1
1

—
—
-

1
~
*
—

-

4
"

32

l

_

1
6
3
5
5
5
3

2

2

4

1

-

L

~
—
—
~
-

1

1

1

1 j

~
.
—
~
,

-

6

_

-

_

1

1

—
~

~
—

3
1
3
2

—
_
~
8

M

2

1

10

~

—
—

1

2 1

«
.
—
_
1

1

1
4

_4

Maine
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000;000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

_

_
~
_
-

1
4
7
5
15
17
7
1

p -

_
—
~

-

_
~
~
—
—
~
—

1

i

„

—
!
!
!

~
~
—

~
—

1

1 —

«
-

|

1

j

1
2
3
1
2
2
11
1

'

2

i

1

i

—

1 3
2
1
—
*"
"
-

-

1

All groups




57

i

_

1 9
i

„,
«

^
»

_

—

!

-

113 1

•
~

—

""
*

"
"
—

1
2
4
5
1

2
2
6
8
3

_
~

1—
-

13 j 2 1

- lUg Table Il-g - Number of national Banks Grouped by States, by Size of Loans
and Investments, and by Puate of Net Profits on Invested Capital
1927 (Continued)
I

Humber of banks
Reporting net
Reporting net p r o f i t s
d e f i c i t s or
i no n e t p r o f i t s
Total
12%'
6% 1 o.ojS Less
9%
3C> I
and
to
or
than
to
to
to
more ! 5.9S>
3% . .5.9%. 8.9% 11.9% over
;

Size group
l o a n s and i n v e s t m e n t s

j
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5 , 0 0 0 , 0 0 0 - 10,000,000
1 0 , 0 0 0 , 0 0 0 - 50,000,000

Maryland

3
7

1

1

1

1
1
2
2

2

10
lk
25
lk

1
1
1
1
2
2

k

1
2
1

2

5
3
3

3
9
7

3

j
!

3
3
10
2

2

2

k

I

50,000,000 and over

S3

A l l groups

1

6

3

8

26

IS

5

21

1
1
1

Massachusetts
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000 ,
2 , 0 0 0 , 0 0 0 - 5,000,000
5,000,000 - 10,000,000 j
10,000,000 - 50,000,0001
50,000,000 and over

2
2

2
1
1

7
1
1

6

ks,

3

12

IS
11

l
l
1

5
2
2

2
1
16
lk
7
2
1 1

g

31+

^3

\ 37

1
1

•z
2

l

k
3
7
! 5
1 1
3
1 l

7
5
6
:

S
2

|

3

I29

! 36

S
10
k2

1
1

1
1

3

_k
2

A l l groups

2

152

2

k
11

3
6

9
3
3

10
2
2

_
26

Michigan
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000 1
2,000,000 - 5,000,000
5,000,000 - 10,000,000
1 0 , 0 0 0 , 0 0 0 - 50,000,000
50,000,000 and over
A l l groups




!

k
5
15
20
20
27
22
10

1

3

2
1
1
1

2

l

3
2
l
2

3
l

7

5
2
l
l

l

m

6

!
1

9

|

9

15

3
5
2
r

i

°

i 5
6

27

- ii+9 Table Il-g - Number of National Banks Grouped "by States, "by Size of Loans
and Investments, and "by Rate of Net Profits on Invested Capital

1927 (Ooii t i n u e d )
ITanifcer of "banks
1
Report;ing n e t
d e f i c i t s or
E e p o r t i ng n e t p r o f i t
no n e t p r o f i t s
Total
3$
Less
O.O56
6$
to
to
to \ to
or
than
more 1 5.9$
5.9$ 1 3.9$ 1 1 . 9 $

Size group
l o a n s and i n v e s t m e n t s
*A» \S M«<XXU

vW»*V«*«

s

Hi? "1$

X 4 A f w K^ VJL**v XX V W

12$
and
over

Minnesota
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

10
32
100
49
17
35
15
4
5
3
270

All g r o u p s

4
7
13
1
3
2
2

32

— 1
—
-

2
6
17
12
5
6
1
1
1

—

—
—
-

44

51

1
1
9
6
1
6
2
1

2
6
5
2
8
4

—
—

1
6
19
13
1
7
3
2
2

-

2

1

1
7
26
6
1
3

_

2

-

31

54

29

29

1
3
10
6
4
3
3

—

Mississippi
_
—
-

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2 , 0 0 0 , 0 0 0 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
111 g r o u p s

3
6
10
13
2
—
_

j

34

«.
—
~
.-.
~
—
_
~

—
_
—
~
~
_
—
—
~

1

_

1

'

mm

H

~
-

—
_

1
2
2

1
—

.«.
—
~

1
1
5
2

_ j

~

*" i

mm

—

—
—
~
~

1
2
2
2
1

—
~
-

_
_
-

«
~
-

«
~
-

~
-

5

5

9

8

6

~
6

_:

»*

1
4
1
5

2
1

2
3
6
3
2
7
2
1

_
2
—

-r

-

! 35

26

17

4

5
1

Missouri
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000 I
5,000,000 - 10,000,000
1 0 , 0 0 0 , 0 0 0 - 50,000,000
50,000,000 and over
All




groups

9 1
15
35
14 i
17
10
17 '
6
5
1
129

2
- j
3
*

1
~
~
-»
•*
-

6

5
4
6
1
1
1

2
2
7
2
3
2

••
*

1

*••

<HF

1
1

~

»••

IS

21

10
4
3
4
5
-

«-

2
3
1

i

1
1
2
mm

~
~

!_!_

- 150 Table Il-g ~ Number of National Banks Grouped by States, " y Size of Loans
b
and Investments, and " y Hate of Net Profits on Invested Capital
b

Size group
loans and investments

1927 (Continued)
Nuiriber of banks
Hepor.ting net j
Eeportixig net profit s
deficits or i
no net profits
Total
12$
6fo ;~9%
6/D
Zfo
O.Ofo
Less
and
to
to
or
to
to
than
5.9$
3$
more
5.9$ 18,9$ 11.9# over
Montana

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,0-JO

750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups

3
3

2 i
2

4
3
2

— !

15
17
15
4
2
8
8
1
1

~
—

~
~

1
1
~

2
1
1
1

-

12

6

—
"*
"
«.
_

-

~
-

71

_ L .

2
1
2
2

3 I
4 j

mm

2
3
1
1
1

~

X

-

mm

2
3

—

—
-

2

2
2

2
1

-

_

-

-

-

-

-

-

-

14

I 9

, 11

11

8

1

1
1

Nebraska
•

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

2
24
61
28
9
14
9
2
3

7
9
3
4
1
-

152

1

—

i

—

4
2

1
6
4
2
1
2

2
2
3
1
3
2

—
—
-

—

_

—
-

41

23

1 16

14

3
22

51

6

3 !!

_

!

2
4
1
1
2

2
2
~
~
_

-

—

— 1
.

1
6

—
_
—

—

!

All groups

1
3
8
3

2
9
6
—

1
-

J

24 I

19

15

Nevada
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups




_
-

i

2
3
—

2
3
—

"*
"

—

!
1
1

1
-

S

1

~

~

—

-

-

1

i

!

I

!

J

i

i

~

[

—
—

1
1

~
-

1 21
..I

!

mm

2

•

""
"

~
—
—
~

~
.

.I....

i

—
—

1

j,

—
—

mm

1

—
—
—

1
1

i

~
mm

~
—

1 ~
-

*
~
-

mm

M

~

-

10

—

—
!

_
—

—
—
—
—
—
—
—
~

—

—
-

2

1g

1

- 151 Table II~g - Number of National Banks Grouped by States, "by Size of Loans
and Investments, and by Eate of ITet Profits on Invested Capital
1927 (Continued)
Huraber of banks
Reporting not
Reporti ng net profits
deficits or
no net profits|
Total 1
~12$~
O.Ofo Less j yfo
and
or
to j to
than | to
to
!
over
more
5-9* 1 3^ 5.9#. 8.9& !11.9# !

Size group
loans and investments

"1? 1

Hew Hampshire
_
~
-

- j

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

2
lk

6

s
12
11
—

All groups

53 .
L-

~j

~
-

-

2

-

1
.

.

1

1 ;

1

6 !

-

1

~
- j

1 1

~
~
~
-

«

_ 3

1
-

1

k

-

-

3
5
3

2
1

1
2
1
2
1

2

~
-

14

k

~
~
-

«
-

15

_ 9

1

-

5
3

!

f

_

j

11

Hew Jersey

2~

1

1

-

5

~

-

1

30
40
2k

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

2

3
1

k
6

7
5

«

2

2

l

k

5

-

13
l

75

~
-

Ik

1

—z.
2S*+

^

All groups

n„,7*,

!

6

L

-

l+
1
-




29
.

,

•

•

1

k
25
12

15
IS

11

5
lk

9

6

-

-

-

! 19 i 33 16 2

61

i 99

1
*

U

-

-,„.""!.

•

i
j

1

~
-

-

-

-

1

l

I 1

~
-

i

g
1

•

2

6
3
7

k

Hew Mexico

5
5

1

l

3

2

1

~

All groups

-

!

_
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

-

25
29
8
g

~
-

.
-

17
17

-

—
-

-

| —
I —
-

I

1
•

1

3

l

1
2

I

—

1
3
1
l
—

3

~
-

""
*
~
*
—
j -

2

15 15 19

1
1

3

—

1 ~
1 —

1

*
*

-

1~ 1 ~

1 -

1 1
1

-

~
|

2

"
"

1
~
_
-

1

6

- 152 Table Il-g - Number of national Banks Grouped by States, " y Size of Loans
b
and Investments, and by Hate of Net Profits on Invested Capital

Size group
loans and investments

1927 (Continued)
Number of "banks
Beporting net j
Reporting net profit s
defici ts or
no net ,
profits
Total
12$
6$ ! o.ojTl Less i 3$ 1 6$
than
or
to
to
to
to
and
5.9J i 3% i5,9# j 8.9^6 111.9& 1over
more

~~W \

New York
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups

1

10
64
80

_

•

!

1

j

_.
,

- j

—

2
5
3

i
I
I

1
1
1
1
1

2
6
2
2

4

59 1

3

i !

140
126
34
21

-

-

9

23

_

11
546

— 1

_ I
-

~
~

.

5
17
16
10
27
13 ! 27
4
7
7
5
5
1

19
26
12
34
32
7
1

2
11
26
29
57
47
13
4
5

119

131

194

_
-

—

1
9
8
5
18

66

North Carolina
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,uOO - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups

_
_
-

1
4
9
7
8
26
15
5
1

_

_
-

2
1

1
2
2
3
2
1

—

1

-

—
—
-

-

76

1

5

1
1

i

•*•

11

1

_

-

1
2
1
1
10
5
2
1

3
2
2
4

1 1
| 1
-

1 14

-

23

1
1

1
2
2
6
3
1

—
-

2
3
—
-

-

1

-

1 15

1 7

North. Dakota
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

4
4
8
1

-

1

2

—
—

—

3
9
10
3

—

17
38
48
16
1
12
5
1

—
—
~
~

I

M

— -

~

t

All groups




138

1 13

?

27

4
11
5
3
1 ~
2
2

4
1 7
8
1

~

-

1
_
——

—-

~~~

2

1 27 1 23 1 16

—

1
1

1
1

**
"

1 ~

-

1
—

-

~

1 —

~
*

4
6
3

1
3
5
2
1
3
1

1 ~
1"
-

~
—

15

6
3

~

1 12

- 153 Table II~g ~ Number of National Banks Grouped by States, by Size of Loans
and Investments, and by Hate of Net Profits on Invested Capital

Size group
l o a n s and i n v e s t m e n t s

1927 (Continued)
_ _
STamber of banks
Kfeporting.net j
R e p o r t i ng net p r o f i t s
d e f i c i t s or
no net p r o f i t s !
Total
0.0*6 ] Less j
9$ 1~12$~
6% |
and
to
to ! to
or
than
to
more *
5 . 9 ^ ! 8-9$ 1 11-956 1 over
5.9# ' yp 1
•
Ohio

3H

_
30
61

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

44
49
73

T~\
5 i

7

1

2"1

6
6

k

g 1

1
J

1

2

!

3 1!
S

'

**
2

kl
14
15
—Z.

_
-

335

A l l groups

1
-

10
7
1
-

25

30

43

k
2

!
i

7 !

j

1

3

12
ll+
15
24
16

^
10
7
21

51
b

-

1~1
6

3|
6

10

6
9

3

2
2

S
2

5

-

12
-

-

2
-

7^

106

1+2

15

7
6

3
10

5
6

3

2

6

2

!

Oklahoma

-

2
1
2
-

10
15
11
4
1
1
1
-

33S

Under $150,000
!
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

33

i ^3

50~

93

92
33
24
23
1J

?
k
k

A l l groups

11
12

5

5
13
10
3

10
2
2
1
1
-

—
~
~
35

3S

1
1
1
—

2
1
1
-

!
I 29

31

4
4
3

3

9
3^

13

1

4
5

1
2
l

1

9

r

15
10
13

I

6

1
2
-

!

39

|l21

i

_
—
1
2

! —
! 1

Oregon
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
A l l groups




~

5-

—

1

3

17
24
13
10
15
g
1 i
1 1
1

9^_ !

7

5

-

l
1
—
1
-

1
2

1

7
1
1
2
-

I,

;

-

1

1
~
1
—
~
~

12

1—
!

!
!

1
3
5
3
2

3
3

—
- 1 -

| 14

| 20

1

1

j 3

3
1
2
2

6

1
1

3
4

~

!iu

! 13

3

2
_.
~
1

j

1

j
1
j —

l
~
l
\lk

- 15U Table Il-g - Number of National Banks Grouped by States, by Size of Loans
and Investments, and by Bate of Net Profits on Invested Capital
L927 (Continued)
Number of banks
j Reporting net
R e p o r t i ng n e t p r o f i t s
j d e f i c i t s or
no n e t p r o f i t s
Total
6>
Less 1 Jh
0.056
31° 1 12)6
and
or
to ! to
to
1 than
to
i more
1 over
111*9%
L_"5* 1 5*9*
•

j
Size group
l o a n s and i n v e s t m e n t s

Pennsylvania
Under $150,000
6
150,000 - 250,000
16
+
250,000 - 500,000
114
500,000 - 750,000
122
750,000 - 1,000,000
95
1,000,000 - 2,000,000 1 216
2 , 0 0 0 , 0 0 0 - 5.000,000
173
5,000,000 - 10,000,000
U9
10,000,000 - 50,000,000
27 1
50,000,000 and over
_2
A l l groups

855

2
2
2

1

M >

5
7
5
k
9

3
5

2
1
-

1

-

1
!

-

17

!

1

1

1

I

1
1
-

56

7

1

12
11
2

120

255

|.

39

33

2k
72

20
22
10

—

—

2
7
18
27
32 ! 2 7
21
26
60
46
55
33

32
32

1 10
3

5
7
k

2
l
-

7

18
x

10
10

1

2
12

2

—

11

6
k

lU
2
«
#

228

163

Rhode I s l a n d
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
!
750,000 - 1,000,000
1,000,000 - 2,000,000
2 , 0 0 0 , 0 0 0 - 5.000,000 j
5,000,000 - 10,000,000
10,000,000 - 50,000,000
5 0 , 0 0 0 , 0 0 0 and over
A l l groups

—
1
1
1

1 j
——

13 1

_
-

-

3
1
1

k

_
1
-

—
1
1
1
1
1
-

-

_
-

1

5_

—

-

~
~
1
1
~

—
-

5_

2

-

—
-

—
1

,
—

k

3
3

_
2
1
1
1
2
-

.1
—
—
—
1
-

7

2

—
1
2 ;
-

i

2

|
i

—

1

South C a r o l i n a
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 1,000,000
1,000,000 - 2,000,000 1
2 , 0 0 0 , 0 0 0 - 5.000,000 I
5 , 0 0 0 , 0 0 0 - 10,000,000
1 0 , 0 0 0 , 0 0 0 - 50,000,000
5 0 , 0 0 0 , 0 0 0 and over
A l l groups




k1
x

1

3
3

2

s

d\

11
1
1

——

58 j

!

• "

!

l
2
-

-

3 I

1

11

1
1
1
1 |
2
—

2

-

|

3

~

2
1
2

-

—
2

6
3

U
i

l
-

6 1 15 |

lU

-

1

-

j

- 155 Table Il-g - l\fumber of National banks Grouped by States, by Size of Loans
and Investments, and by Bate of Net Profits on Invested Capital

1
Size group
loans and investments

1927 (Continued)
Juaiber p f banks
j_
Reporting net
ig
keporti: net profit S
deficits or
no net profits
Total
Less
6)0
j 1256
j 0.0)6
3?
or
to
to
to
and
than
to
I more 1 5.9fr __35*
g.9%
over
South Dakota
1

Under $150,000
150,000 - 250,000
250,003 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5>000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

2

3

7

Ik

H

2

-

37

11
1
1

7

S

3
3

1
1
1
1

5

2

1
1

-

13
lU

7
5
6

96

All groups

^

1
9

1

-

-

!

l 6

2
2

3

k

1
1
1

1
1

mm

mm

2
1 1
2

1

3
—

3

2
1

3

-

-

1

-

~
~
'
-

-

IS

13

11

9

10

!

Tennessee

k

_

8

-

1

2

3

k
3

All groups

-

.
-

1
1
1
-

1

6

10

29
16
13
15
5
3
6

1
-

1
2

_

7

1
2
1
1
1
-

99

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

—

!

-

6 1

1
1

9
5
3
5
k

- 1
1

2

2
1

-

-

-

2
1
1
-

19

1 32

20

11

22

17

I]

15

2
r

0

-

u1
5

3 !
1

j

5

Texas
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups




j

119
129
log

75
3^

16

!

15
15 1
5 i
5

1

13
12
12

6
3
3
3

=.

1
~
-

-

633

57

53

Hi

3^
lg

15

1

16
19

9
6
3
R
J

26

19
26
15

3
0

2

6

0

l

l

17
9
7
7
7

9
!

ig

36
10

27
16

6
6

11

g
2

7
5

5

3

1

9

-

-

~

2
-

Lii_ 10s m

109

100

~
-

- 156 Table Il-g - Number of National Banks Groirped " y States, by Size of Loans
b
and Investments, and " y Rate of Net Profits on Invested Capital
b
|
Size group
l o a n s and i n v e s t m e n t s

1927 (Continued)
jferfber of ""banks
Reporting net j
R e p o r t i r ig n e t p r o f i t s
d e f i c i t s or
no n e t p r o f i t s
Total I
0.056 j Less
3<Tj ~W1 ~9^ 1" 1 2 ^
to
or
to 1 t h a n
to
to j and
3<S i 5.9^ 1
more j
g.9/o 1 1 1 . 9 * i over
5.95; 1
Utah

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups

-

|

1 i

-

6

1

2

-

k

"•"

l
1

-

~
-

~
~

1

1
~
-

-

-

„ 1

1

5

-

-

-

_

~
-

2

2

_j

20_

!

-,

1
1

-

-

2

1

1 1
1

_
-.

~
-

-

1
1
1
1

\

~

_

j
|

-

-

"
-

1

!

k

-

-

-

_

*

8

2

1

-

-

1
2

1
2

-

3

3
3
7
; 6

-

!

Vermont
Under $150,000
150,000 - 250.000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
A l l groups

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
A l l groups




-

2

6
7
6
16 j
9
~
-

kS

-.
~

~

1

-

~
_
-

_

2

"*

_ _ _ - _ _
_
1
s
U2 1 1
32 1 1
20
2S
1
20
2
k

-

-

166

1 -

1

-

1
\

'

1

1

9

'

1

~
~

i

i

-

~
—

5

_
-

-*
~
-

;

6

[

5

-

1 1

1

3
1

1

Virginia
; 2
f

1 3
6
3
1
1
2
1
1

j—

11

j 22

-

l

1
10

5
7
6
8

12
I

1 l~
—

(
I 20

—

j 1&

~
—

lH
17
iio

13 k

k 12
j

1

-

;

1
~

1

3

3

—

_
_

-

-

2

Lf
—

1
k
3

r

•

2
2

3

2

—

^

3

2

_

1
+

~*

i~
! _ _

1

~"
~

[ 20

j 10

- 157 Table Il-g - Number of national Banks Grouped oy States, noy Size of Loans
and Investments, and "by Rate of Net Profits on Invested Capital
1927 (Coritinuefl).
Number oj' banks
j Report,ing net !
leporting ne t profi ts
I
defic:
Its or j
Total no net profits
r
3$
$1° 9? 12$
6$ 1 0.0$ 1 Less
and
than
to 1 to
to
to
or
1 more
5.9$ l8.9# •11.91 over
5.9$ ! 3%

Size group
loans and investments

1

Washington
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

2 1
3
31
16
12
19
15
2
7
-

107 |

ill groups

— 1
•

4
2
1
~
1
—
~
8_

—

M

1 1

i

-

-

4
"
~
1

5
4
2

3
1
~
2

2
—
9

|

-

4
—

1
-

1
151

5
—
1
-

_
—
5
4
5
4
—
2
4
-

27

24

—
1
4
2

1
1
2
1
—
1
1
-

1

"
•

— 1
4
1
2
1 i
2 1
- !
1
-

I
!
!
!
i

—
-

11 j 1 1 1 17 i

2
6
4
1
7

West Virginia
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
i
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups

1

—
.

_
i
i

-

~
1
1
~
1
1
-

119

4

4
7
31
21
8
26
14
7
1

«
2
9
3
5
4
3
1
1

2
1
1
1
—
-

1
1
6
2
4
3
1
-

r

2
1
8
10
2
7
3
4
-

7

Ll8

28

37

— ]
8
2
1
18 1

7

Wisconsin
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups




3
6
25
20 1

16
43
26
12

41
1J
156 |

1
1
1
1
1
~
~
- j

5

1
1
4
1
3
1
-

—
1
7
2
1
1
3
-

—
1
3
5
9
5
1
1
1
-

2
4
3
3
15
10
2
1
-

11

15

26

40

~~

j

1

M

3
6
2
8
6
3
1
1

3
2
1
10
4
6
1
-

32

27

1 1

- 158 Table Il-g - Number of National Banks Grouped " y States, by Size of Loans
b
and Investments, and by Sate of Net Profits on Invested Capital
1927 (Continued)
Number of banks
Reporting net
H e p o r t i i ig n e t p r o f i t . 3
d e f i c i t s or
no n e t p r o f i t s
Total
Sc/6
12$
6£
Less
3i
than
and
or
to
to
to
to
over
more
5.9%
5.9%
11.9%
Wyoming

Size group
l o a n s and i n v e s t m e n t s

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2 , 0 0 0 , 0 0 0 - 5,000,000
5 , 0 0 0 , 0 0 0 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
A l l groups
•**"•

'

»' "•




i n . n «wmWIIII >»

2
2
8

in

n m

i^n

-

5

-

5
7

_
-

29
i

mm

!
-

1

M

~
-

2
-

2
—
—

1
~
-

k

~
-

l
—
—
-

1

,

3

< M.*»..»'

1

.
HI. ••Ill

l

!

3
1

2
-

1

-

3

l
~

1
1

mm

mm

1

i

-

-

: 7

—
.
-

k

«.

2
1

-

~
~
-

7

7

i
i

j

~ 159 Table Il-h - Number of National Banks Grouped by States, by Size of Loans
and Investments, and by Rate of Net Profits on Invested Capital
1928
Humfrer of franks
1 Seporting. net j
deficits or j
Reporting net pro.'its

Size group
loans and investments

nn n o t -n-rnfi

Total
or ]
more !

n

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups

+c I
.<

3sn

5MA

3%

to j to

and

11.9* 1
over

3M\

Alabama

20 1
21 !

11
22
10
2

- !

1

0 1

- I-

-

1

2]

11

1
2

1

k

1

2

- :

-

11 !

2

1

3
9
7

5

—

5
5

7

g

2 1

u !
1
2
-

39

1

|

2
]

!

1
1

~
-

~
-

~

—Z.

~

-

107

3_

6

7

23

~

k
:

1256

O.O^j Less
than , to
to

3
3
3

2
1
3 1

i*»

l
l

3
l
1
-

•

x

-

l
12

?

Arizona
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups

-

1
2

~
-

~

-

5

1

1

1

-

~
-

~
~
~

—
~
~
-

1

2

| 1 [ 2

2
2
2

1

1
_
-

-

Ik

-

!

2

1

~
~
-

-

i

!

-

1

~
_
~
~
~

—
-

1

15

1

1

5
3

h

rr

1

~
~
_
-

2
_
-

I

1

!
i

_

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups




-

15
IS

6
3
7

Arkansas
1
1 : 1

i

j

|

3

"

~

!

2

1 3
-

1

~
~

!
-

-

-

l 63

-

I

s

!

k

~
-

-

~
~
~
-

k

17

5

1
2
1
1
1
—
-

"•

—

2

k
k i ~

1
1
1

-

-

-

|15
J

,

2
1
1
~

2

1
1
—

2
1

1 2

4
3
l
l
1
—

—
-

J

~

16

ji3

- loO Tabie II-h - Number of National Banks Grouped " y States, " y Size of Loans
b
b
and Investments, and by Rate of Net Profits on Invested Capital

Size group
l o a n s and i n v e s t m e n t s

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2 , 0 0 0 , 0 0 0 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
5 0 , 0 0 0 , 0 0 0 and over
A l l groups

1928 (Continued)
Hamper of "banks
Reporting net I
E e p o r t i r ig net prof:' "'S
d e f i c i t s or i
no n e t prof ii_s I
Total
0.0)0
12/b
Less j
3up
or
to 1 to
to
to
and
than 1
more _ 5 . 9 £ J
3.9Vb! 11.9% ; over
^0
!
California
•

/"•

2
2

10 1

18

44
35

4
5
4

^

,'

5 1

/*7

t

—1
•

_

1

5

1 j
1

-

7

1

1 1

2

9
9

3
5
6

l

2

2

3

7

3
3

5

6

13
10

3 ]

1
2
-

2
_i

3

2

1

28

7
4
_I

-

20

—• I
r
0

10 1

1

-

204

|

3

j

7 j

l
2

22

33

r \ •',/'

{

—>&

l
1

1

!

27

-

10
l
2 i
2

j

-

j

l

_3

1 41

| 27

3
7

-

28 1 39

Colorado
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2 , 0 0 0 , 0 0 0 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
A l l groups

12

2

19
35

3
6

21

l
2
1

4
3

1

4
3

4
19
6

1

—

1
1

1

-

123

-

15

I

11

—
—
—
-

'

12

7
4

2

_,,

4
6
7

2

2
2

-

_

3

2 I
6 j
1

1

5
5

1
l
l
i

—

-

6

4

2

-

—

l
l

1
2

1

3

_
-

20

20

[

-

!

26

I 19

1

5

i

Connecticut
Under $150,000
150,000. - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2 , 0 0 0 , 0 0 0 - 5,000,000
5,000,000 - 10,000,000 i
1 0 , 0 0 0 , 0 0 0 - 50,000,000
5 0 , 0 0 0 , 0 0 0 and over
A l l groups




_
_
-

—

1

7
r
0

6
11
x

?
7

9
Z.

64

1
j

„

'

_

-

j

*-

1

|

—

-

1
1
-

j

„

—

1

1

2
1
2

**

~
—

4

|

1

I

-

4
6

1

-

I

2

*
+

1 4

1
l

-

-

3
3

-

1 3 1 3 I22
»'

! • • J. 1 •

-

[19
,

'III

\

_
-

_
_
—

l

3

""
-

5
3

-

1

2

-

"*
*

1 13

1
1

ju

- lol Table I l - i i - Eumber of N a t i o n a l Banks Grouped by S t a t e s , by Size of Loans
and I n v e s t m e n t s , and by Kate of Net P r o f i t s on I n v e s t e d C a p i t a l
192S (Continued)

Size group
l o a n s and i n v e s t m e n t s

ifamber of b a n k s
Beporting net
I t e p o r t i ] rig n e t p r o f i t
d e f i c i t s or
no n e t p r o f i t s
O.V)o
Less
or
to
to 1
tna.ii
to
more
g.9»i to
5.9*>

Total

S

¥° 1

11*9*1

Delaware
,

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5.000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
5 0 , 0 0 0 , 0 0 0 and over
A l l groups

_
_
~
_

3
3

2

3
5
*"
;

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
5 0 , 0 0 0 , 0 0 0 and over
All groups

1

—

17

T~
_
~
-.
~
-

1

3
k
k
z_
12

~

_
_
-

-

_
1
1
1
-

-

—
1

~

3

— 1
-

i

—
1 |
1
2
2

!

3

„

2

!

_.
«.
1
1
-

— 1

2
1
"*
"

~ 1

~

9 !

D i s t r i c 3t of Columb:La
_
_
~
1
1
1 -

12#
and
over

3_

_
1
2
2
-

! 5

-

!

!

2

!

1
2
2

1
5

i

—
«.
«
~

Florida
_ _
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000 I
50,000,000 and over
A l l groups




3

_
-

12

5

g
6
lk

2
2
1
-

10
2

6
^

61

1
|

10

2
2
2
1
-

1 7

1

2
2
2

2
~

1
2
2
1
-

~

1 lk

\ 6

115

i 5
1
2

3

3
2
-

k

1 .

2
1
~
-

L*

_
1
1

3
—
-

1_5_

- 162 ~
Table Il-h - Number of National Banks Grouped by States, by Size of Loans
and Investments, and by Rate of Net Profits on Invested Capital
192S (Continued)
Number of banks

Reporting net j
Size group
l o a n s and i n v e s t m e n t s

Total

O.Ofi

'o$ j

to 1

or 1
more

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

1
12
18
g
13
S
1
2
1

1
1
1 !
1
-

79_

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

k

l
~
-

1
2
1
1
—
-

*5_

5

13

2
2

k
k
k
k

A l l groups

1
2
1
2
~
1
—
-

1

1

1 1
3

1

-

2

5

—
1
1
11

25

—
1

—
1
1
—
1
2
1
~
~
-

—
—
2
—
—
—
1
~

5
—
1
_
_
—
-

7

k

!

1
—
-

21

3

1
2
2
-

>+ 1

5 !

Idaho
1
1
1
—
—
«.
~
—
—
-

7

3

1
1
-

9

i

k \

6 1

!

- 1

6

~

2
l
l
1
-

-

H1

3

f T2T

~lfo

to I to
j and
8.9# ! 11.9# ! over

to

Georgia
—
1

k

6
17

Less
than |
5% >

~
~
1
2
~
1
~
~
~

15

A l l groups

Ee p o r t i ng net p r o f i t s

d e f i c i t s or
no n e t p r o f i t s |

;

3

|

3

,

&

—
2
1
1
1
—
—
-

5
—
1

5
3

1
1
—
1
~
12

Illinois
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
A l l groups




^7
110

!

6

1
1

67
59

!

1
2

|

SI

63
19

5

1—
1

|

2
5

12
3

1
1
"

~~
1+68 ! 18

110
16

—
—
~

1 35

11

6
7
5
!

i

g

2k
13
13

11

3
7
3

3

1
+

2

27
115

~
—

-Jl

[_57

98

7
17
13

11
18

x

16
7
1

12
8
2

1—~

—

2 0

12
1
"*
*

«.

1

fao6
j

3

16

4

s

11
11
110

1U
2
2

P

1 89 ks_

- 163Table Il-h - Number of National Banks Grouped ' y States, by Size of Loans
b
and Investments, and " y Rate of Net Profits on Invested Capital
b

j
Size group
l o a n s and i n v e s t m e n t s

1928 (Continued)
xfamber of "banks
1 Reporting net
j d e f i c i t s or
R e p o r t i ng neti no net p r o f i t s
Total
6w j
^
0.0J& j Less! yjb
i
or
t o j tiianj
to
to j
!
more
3 > 1 5.95o 1 S.9fr 1
*

profr.t'
9*>
j 12#
to
and
H.9fr tover

Indiana
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2 , 0 0 0 , 0 0 0 - 51000,000 1
5 , 0 0 0 , 0 0 0 - 10,000,000 1
10,000,000 - 50,000,000
50,000,000 and over
A l l groups

j

9

30

1

^7
3^
^

k

1
2
1
1
1

3

-=•

10

17

1 3
1

~I

26

j

5

I

-

j
!

5

220

I

!

3
k
3
l
~
-^-

-

1
j

1
2
8
3
7 1 9
x
3
3
2
3
12
k
2 i
k
1

1

2

— •

—=
51

! ~~"
23 1

11 !
16 1
2
10
17
8
3
2
-^77

1
!
!
;

1

-*

6

2
1
2
2
1
2
—

32

10

3
9
i+
1
8
1
-

i

Iowa
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000 1
2,000,000 - 5.000,000 ;
5,000,000 - 10,000,000 !
10,000,000 - 5o,ooo,ooo|
50,000,000 and over
j
A l l groups

"
7
36
87
52
23
37
ik
6
k
-

2
8
13

6
17
8

6

1
2
2
32

266

2
k9

5
9
j

I

1
11
20
9
k
6
2
—
2
-

_

3
5

5
9

19
6
3
2
1
-

11
2
9
3
l
-

5k

4o

9
r
0

55 !

_
7
k
3
3
3
1
—
-

1
1
2

5

2
2
1
_
1
-

21

15

3
8
10
2
2
4
3

1
6
19
10

Kansas
Under $150,000
150,000 - 250,000
I
250,000 - 500,000
j
500,000 - 750,000
!
750,000 - 1,000,000
i
1,000,000 - 2,000,000 |
2,000,000 - 5,000,000 j
5 , 0 0 0 , 0 0 0 - 10,000,000 1
10,000,000 - 5 0 , 0 0 0 , 0 0 0 !
5 0 , 0 0 0 , 0 0 0 and over
A l l groups




j

20
49
3^
16
25
lk

5

1
—— 1
2kf

j

5
3
7
2
17

1
k

3
3
8
2
1

|

7
i

]

1
2
1
-

1 21

i

2
3 i
2
—
—
—
19

U
3 i
x
12
3
10 | 22 j
10
6
3 |

* 15
*
* * •

2 I
""
1

!

4
3

-

-

fe

\ sk !

—
-

32 1

3
9
3

l
—
52

- 164 ~
Table Il^h - Number of National Banks Grouped " y States, by Size of Loans
b
and Investments, and by Rate of Net Profits on Invested Capital

1
Size group
loans and investments

1928 (Continued)
Number of "banks
Reporting net
Reportij net profit s
og
I deficits or
1 no net -profits
Total
6$
12$
6$ | 0.0$ Less | 3$
1
to
to
and
to
than ; to
; or
3$ I 5,9$ 8.9^ lll.9g over
more 1 5.9$
Kentucky

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 550,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

2
5
34
27
14
35
12
3
3

_
—

~
-

3
1

1
1

-

2
—
~
~

135

All grouos

Z.

~
~
—
-

2

6

2
1
4
5 !
2
4
1

—

«
•

2
8
2
8
3

1
10
7
6
10
3

~
—
-

I

1

—

!

—

1

-

30

19

_
-

—

1

4

!

5
2
2
5
1

5
1
6
4
2

—

-

—
-

-

38

6

23

17

2

Louisiana
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1
1,000,000 - 2,000,000 j
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

3
3
6
5
6
3
3
—

4
-

33

All groups

1

1
1

~

2
~
—
—
- '
—
—
-

~
—
—
—
-

_

i
i
i
i
i

~

*
~

2

2
3
1
1

-

-

-

5

7

1

^

1

1
1
2

'

—
-

2

-

—
-

-

i

—
-

3

3

•-»

—
-

1

1
~
•
»
—

1

1

-

-

6

6

1 3

M

_

i
~
i

1
2
3
2
5
3
4

_
-

_
.
—

!

i
-

Maine
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 ~ 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups




1

_

-

—
-

_
~
~
_
.
—
~
-

54

~

-

1
4
5
4
14
19
6
1

~
—
-

i

~ i

_
—
~

1
—

2
1

1

-

_
-

- j

2

!

1
1

1 3
7

—

1
1
-

3
8
1

-

-

-

-

5

20

13

14

1

- io5 Table II~h - Number of National Banks Grouped " y States, " y Size of Loans
b
b
and Investments, and " y Rate of Net Profits on Invested Capital
b

Size group
l o a n s and i n v e s t m e n t s

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
A l l groups

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
A l l groups




192S (Continued)
SFumber of banks
Bepoi'ting n e t 1
R e p o r t i ng net p r o f i t s
d e f i c i t s or
no n e t p r o f i t s |
Total
bTofj Less j 3fo " 5 T | ~9? j"12T
or
to ! than ? to j
to
i and
to
more
over
5.9i 1 3^ i5.9gi
8-9* 111.9$ 1
2
S
11
10
2S
2
1

~
1
_
1
~
~
-

«
~

83

2

1

-

2.

_
_
~
~
1
-

~
~
1
1
~

1U9

1

iviaryland
i
1
2
!
- I
1 |
1
—
—
-

2

15
6

kl
3
13

7
39
kz
20
12

5
18

15
22

29
22
10

1
2
1
1
~

~
1

133 !

5

2

~
-

?1

3

k

5

6 i
5

-

—

2

j

!

-

9
3
i 3

1 9

! 27

53

U

Michigan
1
i

-

3

1

1

I ~

—

—

1

! —
-

2

—

13
^

—

6

1 2

6
-

•

'

-

-

•

3
1 5

1

u

19
1 6

1 2

1 7
•

1

|19
•

-

•

- «

•2

11
10

6
2
!

I 33

j

13
-»
1
—
—
1

9

10
2
1
-

! 2^

3 1 3
2
3
U 1 4
1 12 1 3
5
i 9
2
5
l
3
-

l

[_37

!

~
-

— V
"" i ~

—

1 4
1 l
—
U
2

_
—
~
2

2
12
IS

k
5

!

1 1

U

2

1
1

2k

k
k
3

2

_
1
1

0

k

-

2k

1 '

r

1
2

5

2
l
-

i

1
1

-1
1
11

u I

2
2

-

!

1 1

- !j 2 i
21

-

1

9 i ~
1 j -

~
2 |

Massachusetts
: 1
Ti

~
2
-

1

-

ik

5

~
2

1

-

1 36
j

!23

~ 166 Table Il-h - Number of National Banks Grouped by States, by Size of Loans
and Investments, and by icate of Net Profits on Invested Capital

[
Size group
l o a n s and i n v e s t m e n t s

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2 , 0 0 0 , 0 0 0 - 5.000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
5 0 , 0 0 0 , 0 0 0 and over
A l l groups

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000 1
2,000,000 - 5.000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
A l l groups

1928 (Continued)
Number of banks
Reporting n e t !
d e f i c i t s or j
E e p o r t i : ig n e t p r o f i t 3
no n e t p r o f i t s
Total
Less j 3% j~W~\ 3f> 1 12%
frfi | 0.0%
and
tnaii i to
or j
to
t o i to
over
•& ! 5.9% !
more j 5.9%
S.9> 11.9%
Minnesota
15
27

k

9U
57

10

16

5

9

19

33
19

3
6
_J
276

-

6
1
k

2
2
-

-r.

—
-

10
13
2
r.

3*+

2

S
2
1
-

6
3 !
6 !

~.
-

s

9
2
S

6
5

4
2

-

1
I

52

m

32

1
k
k
3
1
-

_
2
2
1
-

1
2

|

39 1

kz

x

i

4
5

3
6

1
1
-

—

3

s

. _
Mississippi

~
~
1
—
1
-.
-

3
6

5
2
17
10

I

6

37

30

2 1

1
5 1
16 !
10 '
2

3
5

'

1
1
1
;

_
-.
—
1
—
—
2
1
2
~
—
— ' —

3

U

!

2

13

[

;
-.
2

3

—
-

5

1 5

l
~

~.

5

3

Missouri
Under $150,000
150,000 - 250,000
|
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2 , 0 0 0 , 0 0 0 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
A l l groups




7
Ik

35
12
18
11
15

9
5
1

127

1
1
2
2
1
1
—
~
S

1

!

7

g

4

2
1

—

1

-

|

22

i

2
2

2
3

5
l

5

! 1
I 7
k

5

5

—
2
12
1
_
1 ~
-

!

|15

j_20

I

1

3

1
-

l
^
1
+
1
+
-

[30

1
2
1

7
>

6
2
—
~
20

3

1
1
2
1
1
12

- 167 Table Il-h - Number of National Banks Grouped " y States, " y Size of Loans
b
b
and Investments, and " y Rate of Net Profits on Invested Capital
b

Size group
l o °JIS and inve s tmonts
«4» W

w-*X<* k ^

l^AXWt

JL. JLJL V V-/ %J

V X i A w XX

W tp

1928 (Continued)
Number of oanks
Reporting net
R e p o r t i i \g n e t p r o f i t s
d e f i c i t s or
T o t a l no n e t p r o f i t s
0.0$
Less 1 2$ ! 6# ~"9$ ! 12$
to
to ! to
and
or
than
to
more ; 5.9$ _ _ _ _ _ 5.9# 8 . 9 ^ 1 1 . 9 $ over
Montana

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
A l l groups

14
15
13
6
3
7
10
1
1
-

1
1
1
-.
-.
1
—
~
-

1
5
—
1
1
1
—
—
-

3 !
2 j
1
1
2
—
_
-

70

4

9

9

6
4
1
—
—
-.
—
11

1
1
3
—
—
2
1
_,
-

1
2
1
5
1
1
3
_
14

8

1
_
7
1
1
3
1
1
15

Nebraska
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 1 0 , 0 0 0 , 0 0 0
10,000,000 - 50,000,000
50,000,000 and over
All groups

2
25
57
29
11
14
9
2
3

—
.
5
12
—
—
1
—
—
—
-

m..

2
5
1
2
—
_
—
—
-

152

10

18

1
5
3
4
1
2
2
—
_
i
i 18

—
.
5
4
7
1
2
1
—
1
-

1 21

._, !

— !
4
12
7
4
1
1
1
-

1

1
3
13
6
2
4
3
1
—
——

j

8
4
5
1
2
—
1
-

30

22

33

Nevada
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000^000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 1 0 , 0 0 0 , 0 0 0
10,000,000 - 50,000,000
50,000,000 and over
All groups




_.
—
1
3
1
2
3
— !
~
10

I
i

—
-

_.
—
~
~
~
—
—
—
—
-

1

-

—
—
—
-»

|

—
—

j

1
— ;

|

_
~
_
~
_.
—
~

1 *
~
~

j

_.
1
1
~
~
—
""
~
~

_,
_
-.
—
~
— |
~
2
— 1
_
-

2

2

1 »—

!

_
—
—
—
~
1

u.

_.
j

—

2
1
1
~"

_
_

M

_
-

•_
-

1

4

- 168 ~
Table Il-h - Kuniber of National Banks Grouped " y States, " y Size of Loans
b
b
and Investments, and by Hate of Net Profits on Invested Capital
1928 (Continued)
Numberr of banks
flump e 03 Daniss
:
] Reporting net
bs
j d e f i c i t s or
E e p o r t i ng n e t prof i 1
Size group
1 no n e t prof i t s_
l o a n s and i n v e s t m e n t s i Total
Less j yp
6°> j 0.0>o
to
and
to
than
to | to
!
or 1
more i 5.9/o 1 _-&\ 5 . 9 * i 8.9ft 11.9fr i over
j

Hew hampsliire
__

A l l groups

-

_
.~
_
~
-

-.
1
—
-

_
2
—
1
—
1
—
-

2
2
1
1
-

55

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
!
750,000 - 1,000,000
1,000,000 - 2,000,000 i
2 , 0 0 0 , 0 0 0 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
5 0 , 0 0 0 , 0 0 0 and over

-

1

u

12

2
x

3
r
0

10
11

13

—

„

i

-

5

5
3

1
1
2
2
-

2
2
—
-

6

g

—
- i

^
^
-

—
-

s1

6
6
3
19

2

2

7
7
—
~
2k

1
~
-

3

,
New J e r s e y

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000 ;
2 , 0 0 0 , 0 0 0 - 5,000,000 j
5 , 0 0 0 , 0 0 0 - 10,000,000 j
10,000,000 - 50,000,000!
50,000,000 and over
j
A l l groups

I

1
+
2

32
30
32
75

so
22
16
-

293

•

1
~
2
2
2
1
~
*
~
_

g

—,—,—,—
i
2
2
|
1 •
!
-

2
~

2

7
5
5

k
k
6
6
7

3

1
—

20

2
-

5
4

7
6

25
5
U

_

-

-

U5

—
- |

g
19
15

68

67

66

n
9
U

i
1

1

10,

9 !

j 29

7

18

New Mexico
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000 |
2 , 0 0 0 , 0 0 0 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

1
—n

_
_
1
_
—
~
-

28

1

1

5
7
7
3

~

k

_
~
—
1
—
—
—
—
-

—

_
l
—
—
—
i
~

., „

—
1
~
—
—
—
—
-

i

-

-

1 —

iM

l
l
l
2
—
1
1
-

1
2
2
_ !
- i
—
~
—
—
-

_
l

3

U
1

~
2
—
~
-

1

A l l groups




j

1

!

i

i

!

2

_1_ _ L _ j1

1

~ 169 Table Il-h - Number of National Banks Grouped " y States, " y Size of Loans
b
b
and Investments, and by Rate of Net Profits on Invested Capital
1928 (Continued)
Numb e r of banks

Size group
l o a n s and i n v e s t m e n t s

B a p e r t i n g net
d e f i c i t s or
no n e t p r o f i t s
Total

67*

.

or
more '
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000 ,
50,000,000 and over
j
A l l groups

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
A l l groups

-

Reporti .ng net p r o f i t s

Less
O.Ofo '
than
to
to
5.9# _3i_ 5.9^

20
10

l
1
—^.

—
—

55Q

g

17

30

61

11+5

135
36

4

3 |

1

31

12
12

1

6
3

2

10

75

6

7

1

!

1 7

n

-

5
26
22

^5
1+1 ! 45
10
15
2
g
4 _Jt

1

154

121
.

2
-

4
27
15
5

l4
15
3S

35
29
1
+
5

5

North C a r o l i n a
~
2
2
1
1
~
1
2
1
—
2
1
1
3
3
1
_.
1
1
2
I

10

^

20
10

3

2
1
2
1
-

3
7

2

i

16

7
6
3
9
4

1

-

~
x

i ~12JT
to ! and
11.9^ over

to
g-9#

_i

g
64
76
56

1

New York
i
-

1
2
2
1
1
1
—
—

""6T" ~~3%

159

4

~
—

1
1

—

g

6

4

11
-

1
1
-

—
—
-

28

12

4

3
7

1

11
7

-

1
+

3

—
_
-

North Dakota
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
A l l groups




7^"
hi
3S

5
7
10
1
1
1
-

12

4
7
g
l
132
,,-,

\

25

U

2

4^

10

10

k

6

3
3

2
1
1
—
~
~
-

1
1
1
-

—
—
2
1
~
-

22

;

1 23

1

U

1
+
1
1
2
2
—
-

j -

5
!

4
2
—
1
1
—
—
-

1 20 1 14

-

5

1
1
2
-

1

1
7

- 170 Table Il-h - Number of National Banks Grouped by States, by Size of Loans
and Investments, and by Rate of Not Profits on Invested Capital
1928 (Continued^
Number of "banks
Heporting net
Eeportiiag net profit s
deficits or
no net profits
Total
~9? j 12J6
0.0$ Le s s j 3 e
;
6$
to
and
to
than 1 to
to
or
3$ ! 5.M 8.9-1 11.9#1 over
more
5.9jL

Size group
loans and investments

Ohio
_

Under $150,000
10
150,000 - 250,000
25
250,000 - 500,000
54
500,000 - 750,000
49
750,000 - 1,000,000
42
1,000,000 - 2,000,000
74
2,000,000 - 5,000,000
43
5,000,000 - 10,000,000
13
10,000,000 - 50,000,000
15
50,000,000 and over
——

2
2
3
4
2
—
-

1
-

14 •

325

All groups

3
3
9
3
1
5
1
25

4
1
14
3
7 : 13
14
5
6
6
24
5
4
13
3
1
2
1

2
3
16
17
12
27
15
6
5

-

-

93

103

_
-

4
5
10
10
9
2
5

3
2
3
1
1
1
1

-

33

_
-

- 1

-

45

12

5
7
5
4
1
3
2
1

8
33
49
19
15
14
6
2
3

Oklahoma
Under $150,000
j
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000 !
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000!
50,000,000 and over
All groups

38
81

94
38
23
26
16
4
4

I

5
5
4
2
1
2

-

—
—
-

j 324

19

3
12
9
4
3
2
1
—
-

34

5
8
13
3
1
1
1

8
8
4
3
1
3
3
1

4 !

81
10
3
1
1
3

-

—
-

—
-

-

31

32

31

28

1

-

149

Oregon
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,-000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups




2
17
20
17
10
15
7
2
1
1
92

~
~

—

_

«
.

—

•
»

2
2

3
3

—
—
—
~
-

—
—

3
1
6
4
2

2
5
3
2
3

5
5
4

2
3
1
2

—
-

4

8

—

2

—
—

j

! -

—

—
-

j - j
16 1 15

i

2

2 !
1
1
1

1 -

1 21 1

4

2
1
-

1

2

—

1
3
~

4
2
—
—

1 j _1
5 13

- 171 Table Il-h - Number of National Banks Grouped by States, "by Size of Loans
and Investments, and "by Rate of fret Profits on Invested Capital
1928 (Coiltinued)
Number .of "banks

i
h

I'-U-I.-JU-J—,

i

Size group
=
i
«
1 o ans and i nve < tmen t ? Total

Reporting net j
deficits or '
Reporting net profits
no net -profits
12$
6$ 1 9$
6$ I 0.0$ j Less | 3$
and
to 1 to
or ! to 1 than j to
more ! 5.9$ ! 3$ 1 5.9$ 8.9$i 11.9$ over
Pennsylvania

Under $150,000
7
150,000 - 250,000
: 43
250,000 - 500,000
117
500,000 - 750,000
122
750,000 - 1,000,000
93
1,000,000 - 2,000,000
205
2,000,000 - 5,000,000
185
5,000,000 - 10,000,000
47
10,000,000 - 50,000,000
27
50,000,000 and over
7
All groups

1
1
2
2
5

1
6
4
2
4
6

853

All groups

3
11
21
18
12
24
25
9
2

I
44

25

125

14
39
40
31
82
63
13
12
4

3
29
33
27
51
62
15
9
3

4
14
18
11
32
25
9
2

298

232

115

1

f
3

1

Rhode Island

14
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000 1
5,000,000 - 10,000,000 '
10,000,000 - 50,000,000
50,000,000 and over

2
4
8
9
3
10
5

1

1
mm

1
3

1
1

5
1

1

3
1

3

5

1

—
1

11

-

•

1

.

1

South Carolina
Under $150,000
!
150,000 - 250,000
!
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000 1
2,000,000 - 5,000,000 |
5,000,000 - 10,000,000 ]
10,000,000 - 50,000,000
50,000,000 and over
All groups




4
2
11
8
4
12
11
2
1

*
2

2

1

1
3
1
2

1
1
2
2
2
1

2
1
1
1
1

f

1

2

1
2
1
1
4
5
1
I 1

2
1

3

2

9

6
t

!

i 2

!
l

1

!

i

j

55

1

3

I

1

16

7

1

- 172 ~
Table Il-h - Number of National Banks Grouped by States, " y Size of Loans
b
and Investments, and by Rate of Net Profits on Invested Capital
1
Size group
l o a n s and i n v e s t m e n t s

i

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

r

1

6
7

35

8
-

95
5~

6
3

2

i4

6
6

South Dakota
1 | —
k
2
- j 2

1 \

IS

A l l groups

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

1928 (Continued)
lumber of "banks
Report ing n e t I
R e p o r t i ng n e t p r o f i t s
d e f i c i t s or |
no n e t p r o f i t s
Total
0 . 0 $ | Less l 3 ^ 1
656
and
or
to
to
to' ! t h a n
to
! over
more
5-9£ 1 3j£ 5.9*1 g-9fo 1 11.9#

-

~

20 ,

~
~
-

-

1

6

~
-

I

;

2
2
1

15

1
1
1
—
-

~

-

3

5

1

!

-

99

All groups

—
-

Tennessee
1

—
~
~
-

7

-

7

9 '

!

1

2
2

16

21 |

1

-

«. 1

'

~

3
4
3
4

~

~

|

3

2

-

1

2

—
-

~
~
~

~

_

2
1
2
2

~

~
~
-

16

-

6

6

2

l

_
~
~
~

5 1
25 j
(

k

2
2

1 5

2
1

1

3
-

-

k
9
k

2

-

6

l
2

5
l

1
-

13

j

19

L9J

~
~

3
9
4
3

l

7
3

4
4

-

4

2

1

—

—
-

3

2

-

-

18

32

23

13

! x5

[18
29

6

10
19

I 29

I 29

!

Texas
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
!
750,000 - 1,000,000
]
1,000,000 - 2,000,000
2,000,000 - 5,000,000 .
5,000,000 - 10,000,000 1
10,000,000 - 50,000,000
50,000,000 and ever
A l l groups




J

95

n4
96
35
55

7
2
i*
1

12
10

19
ik
ik

156

4i
13

-

20

1

—Z.

—
—

625

62

15
11
12

ik

5

5
3

~
\

j

1
~
-JH

i

6

1 3
1
—Z.

1 he 1 56

18
23
13
7
0

5
4
1

1 -JH

I92

35
22
H
14
8

^

i

1S

2b
8
18
18

4
3
5

5
4

1

-

H

ji46

3

7

6

1 85

i

1

|i3g

- 173 Table Il-h - Number of National Banks Grouped "by States, by Size of Loans
and Investments, and "by Rnte of Net Profits on Invested Capital
1928 (Continued)

Fa:
;iber of banks
Reporting net
Reporti) net profit/S
ag
deficits or
no net profits
0.0$ . Less 3$
9# |12?
6$
to
or
tO ! to j and
to
than
more
5.9$
3<i
5.9$ 8.9$' 11.956,over
i

Size group
loans and investments

Total

Utah

All groups

_

_

—

1
6
1
5
1
2
4

„

—
-

—
—
—
—
—
—
—
-

20

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000>000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

—

i

_

~

—
~

1

—

1

1

1

~
—
~

~

_
.
—

3
1

- |
l j
- i
—
_

-

—
—

2
1

1

2

~
~

—

1

2

l
l

_
-

-

-

—
.«
-

2

1
~
.
~

1

—
—
—
~
~

3

7

3

S

^
,

—
— |

«
~
_

—
-

1
1
6
2

-

Vermont
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000 .
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups

1

—

i

6
7
5
16
9
2

—
—
~
~

«
«
—
—
—

1

_
~

i

2
1
1
2

2
~
—

1

i

_
-

_
~
—
~

—
~

~
~ •

46

1

!

—
—
-

—

,

3

1
5
3
4
3

1

I 16

1
1
9
4
4
4

_

! 13
i 20

5

3
2
2

~
*
-

-

7

1

9

—
T

10 ;

8

~
.
—

—

Virginia
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups




2
8
39
29
23
30
21
8
3

«
~

1

_

3
3

—

4

1
2
2
3
1
3

-

—
—
_

163

5

-

1
_

1
;

;

~
_
-

~

-

7

12

29

1

2
15
13

i

6

1j 80

5
7

1
1
3

2
3

—

3

-

—
-

1
1
~

!_20

1 9

|
1

2

2

- 174Table Il-h - Number of National Banks Grouped by States, by Size of Loans
and Investments, and by Rate of Net Profits on Invested Capital

Size group
l o a n s and investments

1928 (Continued)
iffnmber of banks
Beport ing net j
d e f i c i t s or
Reporting net p r o f i t s
no net p r o f i t s
Total
0.0$
Less j yh
6$ ~9$ ;"T2^
and
or
to
than j t o i to
to
over
more
5.9fo
3 1 1 5-9*1 g.9^

ll.9fl

i

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2 , 0 0 0 , 0 0 0 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
A l l groups

Washington
—
2
1
u ! 2
2
1

__
2
28

-

19
13
19
16
-

2
_.
_
-

2
1
2
2
1
-

109

5

S

~
1
~
1
1
1
"~

West V i r g i n i a
—
2
1
1
u
g
6
3
1
2
g
2
2
u
1
2
4
2
2
1
1
—
1
—
—
1
-

2

7

- .
8

30
20
11

2.k
Ik
1

1
——
118

3

h

|
|

\
\

15

1

—
-

S
3
2

2
1
-

12

lU

j 12

2

6
22
18

17
^5
29
11

3
1

~.
2
1
1
1
~

_
2
1
-

3
3
_
-

3 !

l
—
1
-

22

33

-

2
1
-

35

17

3

2

9
5
1
+

:

5

.. _ . _

9

1 k

1
-

-

3
5

—
1
2

*
~
2

5
9
6

5
5
6

—
—
~
2
1
~
—
-

2
1
2

•7

2

—
1

9
1
+

^

1
+

15

—
2

1.

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

-

—
—
-

j 32

Wisconsin
—
1
1
1
"
-

5 i
3 1

1

4
5

3 1
3

i

2
1
~
1
-

I j

1

1 i 23

i

5
1

1 -

1

1

"*

5
9
5
9
3
5

3
U
10
11

1 u

1

1
-

J29

36

!

_

1
-

j

A l l groups




15U

1 5

9

j 3

1 35

t

•

137
J

- 175 Talkie Il-h - Number of National Banks Grouped " y States, by Size of Loans
b
and Investments, and l y Rate of Net Profits on Invested Capital
o
1928 (Continued)
Number of tanks
r
•
"
Reporting nee
!
Reporting net profits
deficits or
Size group
no net profits
Total
loans and investments
12$
6'jb i 9 $
; o.o#Less | 3$
!
and
or
than | to
to j to
1
to
3% \ 5.9$ 8.9$ ! 11.9$ over
more
5.9$
Wyoming
i1

1

i

—

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,0'J0,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000 '•
10,000,000 - 50,000,000'
!
50,000,000 and over
All groups




i

i

3
5
7
4
7
-

26

•

i
i

1
1
1
i
-

i

2
2

1
2
4

2
1

1
4

-

_
_

1

1

|
i

1

12

3
7

- i76Table Il-i - Number of National Banks Grouped " y States, " y Size of Loans
b
b
and Investments, and " y Hate of Bet Profits on Invested Capital
b
19^9
i

ITumber of banks
Reporting net
Reporting net profit s
deficits or
no net profits
j Total
12$
Less | 3/> 1
and
or j to
than
to
to
to !
over
more j 5»9$
g-9#
5.9$
Alabama
~
1
3 i
3 |
2 !
2
1
2
1
S
\
2
2
1
19
3
7

Size group
loans and investments

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
:

- 1

f
"

21
10
22
10
2

-

—~

_

103

All groups

5 !
3 i

3

-

~
~
_
~

s

1

13

k

l
2

k !

5

1
—
-

1
2

6

1

1
2

3

-

-

~

3

-

~

-

20

27

17

9

~
-

Ik

-

-

-

3

2
1
1

i

U j
4 ,

_
-

—
-

1
1
1

2

Arizona
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

__
-

j
j
1
1

All groups

3
3

_

2
1
1
2

~

-

12

_

2

1
-

—

i

• _ j
x i

.
-

-

-

2

1

—
-

-

-

-.
! -

~

|

1
1
1

1

—

-

1
1
—
-

1

5
—

2

3

2

1
2
2

2

; 3

1
2

! 4

3

!

-

5

~

1
l

\

Arkansas
Under $150,000
150,000 - 250,000
1
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups




- ~~~

5~
15 :
17 1
11
2

65

1

1

1
1

3
3

~
~

1

3

_
-

—

2
-

j

7 !
3 |
5
-

—

j

2
~

-

~

~

1

|

-

8
i

!

!

2

1
1

2

2

1~
~
~

!

1

-

~

b±_i ^

-

3

; 1
)

I -

3

1 1

l

~

10

13

- 177 Table Il-i - Number of National Banks Grouped " y States, " y Size of Loans
b
b
and Investments, and by Rate of Net Profits on Invested Capital

j
Size group
loans and investments

1929 (Continued)
Number of "banks
Eeporting net
Eeporting net profit s
deficits or
no net -profits
Total
12$
Less i 3$ i~ 6% j 9$
6$ 1 o,oj6
and
to
than i to
to
or ! to
5 9 / 8.9-1 j11.95b oyer
.-0
more 1 5.9i
California

Under $150,000
1
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

7

_
.

16
39
37
17
33
28
7
5
7

4
4
1

2
4
6
3

_

—

~

4
2
1

2
—
-

3
1
5
3
5
5
2
1
1

—
-

1
2
5
8
2
6
3
1
1
1
1 30

-

_
—

—

1
4
6
8
5
6
4
2
2

1
7
11
2
4
5
1
1
3

6
3
3
8
10
1
2
1

38

35

34

1
3

..
.

mm

2

-

I

196

All groups

ii

22

26

Colorado
Under $150,000
9
150,000 - 250,000
21
250,000 - 500,000
34
500,000 - 750,000
I 18
750,000 - 1,000,000
6
1,000,000 - 2,000,000 : 19
2,000,000 - 5,000,000 1
5
5,000,000 - 10,000,000 '
3
10,000,000 - 50,000,000!
5
50,000,000 and over
——
All groups

1
9
9
3
1
2

i

2
2
3
—

1
—
_

-

3
1

1

—
—

—

-

—

120

9

26

3
1
4
2
2
2
2
1

3
3
2
2

. 14

Li?

—

3

-

~
|

~
—
—

1
3
2
3
3
1
1
2

-

-

6 !

8 !

2 i

4

—

—

6

2
1

! 18

1 20

! 16

Connecticut
Under $150,000
1
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
1
ill groups




1
1
6
5
7
12
14
8
8

mm

~
—
"—
_
—
—
—
—

_
—
—
—
—

mm

i
~
—

_

,,

i

1
—

—

—
—

3
l 2
4
1

2
2
3
5
1 3

,,
_
,
—

—
—
_
—
—

1
1

~~

1
1

3
1

—
—

—

12
1

3
4

~

1

2

1

-

-

-

1

-

j

-

-

| 62

1

;L
_

7

5

! 19 j 22
i

2
4

1

3

9

~

3

~ 178 TalDle IL-i - Number of National Banks Grouped Dy States, " y Size of Loans
b
and Investments, and by Rate of Net Profits on Invested Capital

I
Size group
loans and investments

1929 (Continued)
Number of "banks
1 Reporting net
ng
Reporti. net profit s
deficits or |
no net profits
Total
6$
1256
95?
5
6$ 1 O.O36 j Less | 3 6
to
than j to
or
and
to
to
over
i more 1 5.95b ! Zi i 5 9 l 8.9g
".f

\\M

Delaware
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000 |
2,000,000 - 5,000*000 1
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

—
~

•"
"

1
3
2
3

1

-

*
~

1

"'
"
—

i.

—

1—
-

*
"
*
:
!

.

—

. —
_

_
—

—
-

—
~
.
—

~

1

—

2
1
1

~

3

—

~
_
—
-

—
—
—
-

2
-

—
_
-

.
_
—
-

1

4

6

4

1

—
—
—
—
—

~
—
«
«
~
_
*
.
_
.

1

—
-

—
~
—
~
~

17

ill groups

.

1

—
-

—
—
—
•«*'

1

i

4
4

•

I

:

~

1
1
2
•"

1

District of Columbia
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

_
,
—
—
—
—
—
—
—
~

M

—
—
—
—

1
3
4
4
-

All groups

12

«a

.
—
~
~
~
—

_

•

—
—
~
_
—
—
_
—

_
_
—
—
~
—
—

—
~
—
—
M

—

1
1

—

—

1

—
-

2

M

-

-

-

2

4

4

1

_.
_
—

1

1
1
2

—
—

_
—

,
t

~

-

•

—

1

2

Florida

1

Under $150,000
1
150,000 - 250,000
l
250,000 - 500,000
9
500,000 - 750,000
9
750,000 - 1,000,000
V
1,000,000 - 2,000,000 1 10
2,000,000 - 5,000,000 |
7
5,000,000 - 10,000,000 | 2
10,000,000 - 50,000,000
6
_
50,000,000 and over
All groups




!
'
i
i

•

*
~

1
1

3
1
2
2
1
1
—
-

j 52
I.

_
,

11
•

i

3 1
1 1

2
2

1
2

_

—

1

2

1
2

2
3
1
—

|

1

1

—

~
*
"
~
-

1
1

—

3

2

-

-

8'

3

9

—

1
1
1
1
1

—
—
~

1
—

1

-

—
~
-

—
—
-

9

5

2

- 179 Table Il-i - Number of National Banks Grouped " y States, " y Size of Loans
b
b
and* Investments, and by Rate of Net Profits on Invested Capital
1^29 (Continued)
Number of banks
Report ing n e t
d e f i c i t s or
B eporti ng net profit S
L
no n e t p r o f i t s
Total
0.0^
Less
~i2<r
9$
or
than
to
to
to
to
and
more
5-9* . 5 * i 5.9^ ______ 1 1 . 9 * over

S i z e group
l o a n s and investments

Georgia
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

—
10

1
1

A l l groups

10
g
1
2

2
2
1
1
_
_
-

-

2
1

77

i
i
i

~
_
2
1
1
2
~

6

6

17

20

19
16
9

3 !

3
2

4

1

-

3
k
6
3

1 1

uI

-

1
-

1
~
1

~
1
~
2
_
~
-

3

20

5

3

1
1
2
1
1
-

1
2
1
~
1
-

—
1
l
2
1
-

5

15
~
2

3

*
*

1
+
1
1

6

.
_ _

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
A l l groups

5
16
6
3
k
3
1
1

ki

.
_-

3
_
_.
~
-

3

Idaho
1
1
1
1
1
-

_____
1
~
~
~
~
1

i

5

1
1
2
1
1
-.
1

6

1

6

!

6
U

1

Under $150,000
'
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
i
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups




118

1
2
12

60
55

3
3

82

1
2
-

IT"

ko

66
21

5
9

-

1+65

2k

65

2

~

10

IS

27
9

6
16

g

20

6

9

1
1

1

6
29
19
15
17
13
3

-

-

1
-

92

104

j 79

U
1 i
+

9
13
5

2

6

5

11
11

2
~
-

5 i

Illinois
2

I

J49

10

1

12

5

5
2

9

13

10

9

1

Ik
5
3

I x7

2

52

~ ISO ~
Table II-i - Ifotmber of National Banks Grouped " y States, " y Size of Loans
b
b
and Investments, and " y Rate of Set Profits on Invested Capital
b

Size group
l o a n s and i n v e s t m e n t s

1

1929 (Cont imie d)
Itanber of banks
Report ing n e t
d e f i c i t s or
Ee p o r t i ng net prox'its 3
no net p r o f i t s
Total
12$
Less
0.0%
or
than
and
to
to
to
more
5.9%
3i 5-9)0 t o i 11.9ft over

si

g.9£

Indiana
10

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

29

1

All groups

1

—

3
k
3
k
3
1

1
l

3
7
7
3
3
5
S

11
2

1
S

lk

10

U

5

6
16

.-

-

1

3

l

~

-

-

-

19

20

35

217

7

1

30
,
|
i
|
1
!
|

so

^7
23
3

?

1
2

Ik
2

—~

-

-

-

-

55

58

22

s

1
1
10
1

-

Iowa
1
2

2

11

3
6
S

19
9
3
5

9

7
3

l

2

l

3

-

-

-

_z.

~
-

_z.

kk

: kO

—m
3^

1+0

3

1

13

1

1

2
2

k

2

s

s

3
U

2
1

11

13
7
3
6

250

i

k
9

—

10

-

1

1

1
2

_

k

1

u
11 1 ^
3

31
19
^3
25
9
5

All groups

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

kS

k
3
5

10

1

1

7
13
i|

6
7

-

3

5

2

2
1

2
-

1

-

1

_11

_Z1

_JH

Uo__

19

! 33

1

3

Kansas
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

!

19

-.

1

•
I

^ 7

3

S1

!

33

!
j

20
2k

1
2
2
1

3
9

i
!

i

x

3

k

2




3
1
1

—

*.
~

—

1

3 1 s
10
6
16
s
3
7
4
3
7
5
1
3
—

l
l

l
8
12

5
0

5
U

3
11
2g
11
2
q

U

2

—

—

1

i

2U3
All groups

1

3
6
7
1
+

9

19
*

i , , , , . , , . , , . , . , .

21

30

52

^3

69

- 1S1 ~
Table Il-i - Number of National Banks Grouped " y States, by Size of Loans
b
and Investments, and by Rate of Net Profits on Invested Capital
1929 (Continued)
Number of banks
Reporting net
Reporti ng net profit s
deficits or
no net profits
Total
12$
0.0%
Less
656
656
9$
3%
]
•and
than
to
or
to
to
to
more
5.9^
8.9£ 11.9$ over

Size group
loans and investments

Kentucky
~
1
1
1

1

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

6

..

23

1
1

33
15

3

1
2
1

k
^

135

-

2_

12
2

-

2
10

2

^
y
2
\
2
1
—
-

-

3^

All groups

-

~

6

k

9

-

1

l

-

-

23

37 ! 36

-

!5

., .,.
,. ...

Under $150,000
i
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000

3

l

2

_

S
k

~
_

5
k

3

-

l
~

-

Louisiana
2 1
2
2
2
1
-

—
-

—
-

3

1
l
1
l

l

—
1
1
1
1

~

3

1

7

i 3

-

-

1
1

1
1

_
—

6
5

~

1

! 1+

6

!

~
*

2
2
—

—

°

s

i

1
1
1

1

-

1
-

1
—

|

k

-

-

50,000,000 and over

-

-

i

*

1 ;

33

All groups

~
«.

5

1
2

~
-

-

2

5
3

u

2

3
3

1

10

9

-

2

9
7
4

9

16

-

3

1

i. 7

i

5

1

Maine
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - ] ,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

1
-

3
6
!

19

I
1

i

5
2

-

~
—

1

1
1

iu

1

i - i

'

*
»

^

1

1

_

1
1

~
—

—

—




53

! 3
2

!

5

X

2

I

1

2

1

J

i1

1
All groups

-

" "

| 20

—

1

.i

U

t

1

- 1S2
Table It-i - Number of National Banks Grouped " y States, " y Size of Loans
b
b
and Investments, and " y Eate of ITet Profits on Invested Capital
b
1
Size group
l o a n s and i n v e s t m e n t s

1929 (Continued)
Number of "banlcs
Re-oortir ig n e t |
R e p o r t i ng n e t p r o f i t 3
d e f i c i t is or j
no n e t v r o f i t s i
•Total
12$
¥jo
Mo
3$
0 . 0 $ | Less
9Jb
and
or
to
to
to
to 1 than
more
5 . 9 3 8 . 9 $ 1 1 . 9* over
5.9i \
Maryland
_
—
7
8
12
2S
16
5
2
1

A l l groups

_
_
~
~
_
~
-

2
~
2
1
-

_
~
—
—
*
~
4
_
-

80

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

_

5

_
2
1
7
3
2
1
-

4

_
2
6
2
11
6
2
1
-

_
1
1
5
3
5
1
-

16

30

—
—
_
3
3
2
1

16

9

Massachusetts
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000 '
2,000,000 - 5,000,000 ,
5,000,000 - 10,000,000 «
'
10,000,000 - 5 0 , 0 0 0 , 0 0 0 '
50,000,000 and over
j

150

A l l groups

._
—
—
~
~
2
2
_
1
2

2
3
4
15
6
38
49
17
13
3
!

1
~
1
.1
2
1
-

7

6

24
30
20
10
7
2

_
«
_.
3
1
1
~
~
~
-

| 126

5

2
6

1 15
i

All groups




1
2
1
4
2
10
9
4
5
-

I 12

38

1

i
;
!
!
j

„

—
1
8
3
12
15
7 1
[ 2 i
48

1

—
~
—
—
5
8
2
3
1
18

_
~
2
1
6
7
2
2
1

Lgl

Michigan

i

!
Under $150,000
150,000 - 250,000
250,000 - 500,000
1
500,000 - 750,000
750,000 - 1,000,000
j
1,000,000 - 2,000,000 j
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000 !
50,000,000 and over

~.
1
1
1
2
6
l
_

10

1
1
1
-.
3
~
!
1

2
1
1
2
-

6

6

...„.- P . l _„, in

„

j

1
2
2
4
5
2
1
1
1
19

f

,

_
6
3
5
7
5
1
4
-

—
3
1
3
6
8
5
1
1
1

; 29

!

31

—

—
2
1
4
9
6
7
1
30

- 183 ~
Table n-i ~ Number of National Banks Grouped " y States, " y Size of Loans
b
b
and Investments, and " y Rate of Net Profits on Invested Capital
b
j
Size group
loans and investments

1929 (Continued)
Number of "banks
Reporting net
Eeporti; ne1t profil;
ng
deficits or
s
no net profits
Total
6$" J O.Oib
12$
Less
3$
9$
or
to
than
to
to : and
to
more [ 5.9$
3$
5.9$ 8.9$ 11.9-1 over

~i$~

Minnesota
Under $150,000
9
150,000 - 250,000
29
250,000 - 500,000
; 87
500,000 - 750,000
! 54.
750,000 - 1,000,000
! 24
1,000,000 - 2,000,000
35
2,000,000 - 5,000,000
18
5,000,000 - 10,000,000
3
4
10,000,000 - 50,000,000
50,000,000 and over
3

264

All groups

»

5
2
2 1
~

!

2
1

4
6
15

7
—

5
2
1

—
~

-

-

12 .

38

1
5
11
8
2
5
1

1
5
12
10
5
3
4

2
2
16
8
2
7

-

-

-

-

-

33 ! 40

40

_

l
4
15
5
7
5

2
15
14
8
8
—1
8
- j
1
2
2 !
2
1

2 '>

1!

40 '

61

Mississippi
J

_
—

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

2
7
8
15
1

~ 1

—
~.
«
.
_

«.
~

—

j

~
"
— j

-1

—
-

~ !
—
—
~

_
—
—

_
—
-

1
2

2
1
1
—

—

~

II

-i
—
-

2
3
4
6
1

—

~
~

—

2

2

1
2

—

-

~
-

-

-

-

-

4 1 4

16

3

3

—
—

—

2

1

—
—
—
—
-.

i

All groups

'

33

3

Missouri
Under $150,000
]
6
150,000 - 250,000
| 16
250,000 - 500,000
j 29
500,000 - 750,000
! 12
750,000 - 1,000,000
19
1,000,000 - 2,000,000 1 12
2,000,000 - 5,000,000
18
5,000,000 - 10,000,000 1
9
10,000,000 - 50,000,0001
3
50,000,000 and over
_i
All groups




' 125

1

1
5
4
1
3
1
2

..
-

2
—

1
-

1
~

~

5

—
—

2
5
1
3
1
1
1

—

1
6
7
5
4
5
5 i
5

—

_

—

2
1

-

~

-

-

-

17

2
3
7
2
6
3
5
i

14 ! 28

! 38
i

1
2
3
1
2
1
1
2

2
—

1
~
*

3

19

!

1
14

J

- lSk ~
Table II-i - lumber of national Banis Grouped " y States, " y Size of Loans
b
b
and Investments, and by Rate of.Net Profits on Invested Capital
I
Size group
l o a n s and investments

1929 (Continued)
;
Number of "ban3.es
jEeport ing n e t
Report i:tag net p r o f i t s
! d e f i c i t s or
no net p r o f i t s
Total
0.07a
~12JT
6fi
Less ! 3% ~6|n
or
than ' to
to 1 and
to
to
over
more
5M__

8.9*1

Montana
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
1
A l l groups

_

12
11

3
3
3

2
1

16

11
1
1

|
'

~
_

!

~

1

1
1
1
1
-

1

1
2
~
-

I2

8

3

g

5

-

1

3
3

-

-

3_

2 |

2

_
~ 1
- i
1 !
_
~
-

-

-

67

1
l

2

~

6
3
6

2]

1

3 !

-

7
3

-

1

2

1+ 1

~

-

1

!

'

5

-

-

13

20

1
1

2r b r a s ka
se
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
A l l groups

-

if

23

57
x

3
7
3

3

29
12

2
1

5
6
H

152

,

3

_
~
~
-

2
2

-

jf

20

6

—

2

3

—
—
l
-

~

1

1
10

9
U
3

~

l
2

17

—

g
2

.J

~
-

16

k

"

6

1
1

-

2

_

2

2
g

\
i

l
1
2
|

24

j1 9

T"

6

10
g

5
4
3
1

j —
-

38

Nevada

J

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5 , 0 ' 0 , 0 0 0
5,000,000 - 10,000,000
lC.OOO.rvc - 50,000,000
50,000,:CO and over
A l l groups




—
_
~
~
-

—
-

3
2

3

~>
_
-

„

10
.

.

, .,,.„,

"
"
-

-

1
1 .

~
~
_
-.
_
~

2

—
~
—

—
_

—
-

1 ~

1

-

~

\

-

1 ~

!

1—
-*
~
j

1
—

—

~

—
—

2
-

—

1

1—
1—
1 ~

*"
"
—
1

-

-

Li

.

-

,

,

..in

1

2

*
~
*
~
~

1

3
l
1

~*
—
-

16

- 185 Table Il-i - Number of National Bank:s Grouped by States, by Size of Loans
and Investments, and by Rate of Net Profits on Invested Capital

j
Size group
loans and investments

1929 (Continued)
Number of banks
Reporting net
Reporting net profits
deficits or
Total no net •profits!
6$ ~lfo | 12$
6fo ! 0.0$ Less j 3$
than
or
to
to
to
to
and
more 1 5.9J6 _. 2>J0 ! 5.9* 8.9$ 11.9#1 over

1

New Hampshire

Under $150,000
|
1
—
150,000 - 250,000
250,000 - 500,000
12
500,000 - 750,000
8
750,000 - 1,000,000
11
1,000,000 - 2,000,000
10
2,000,000 - 5,000,000
14
—
5,000,000 - 10,000,000
—
10,000,000 - 50,000,000
50,000,000 and over
—~
111 groups

56

—
.
_

—
_
.

•
—
-

1

1

2

«
.
_
—
«
.
—
~

—
—
~
—
-

1

1

1

_

-

-

—
~
c
-.
—
—
-

2
1
5
3
2

3
5
5
2
5

—
—
-

—

5

14

j

—
~
-

mm

"

3
1

1
1

—

2
6
—
~
-

20 '

~
~
.
-

12

3

_
-

—I
-

~

—
—

1

Hew Jersey
Under $150,000
150,000 - 250,000
j
250,000 - 500,000
|
500,000 - 750,000
j
j
750,000 - 1,000,000
1,000,000 - 2,000,000 !
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups

!

1
6
27
33
35
73
81
23
17
Z,

296

—

2

4

~
~
-

~
2 ;
8 :

_
~
—

1

1
2
5
2
—
~

3
-

i
7_

6
12
9
4
2
_
-

14

43

«
~

—

1
1
10
11
12
18
5
2

3
7
13
4
22
20
4
4

-

-

60

2
4
5
15
19
7
8

!

77

60

[ 35

_

—

—

i "
~

1
1

1

1

2
3
6
2

3
-

2
13
12
3
2
-

i

1

New Mexico

j

Under $150,000
|
150,000 - 250,000
250,000 - 500,000
1
500,000 - 750,000
!
750,000 - 1,000,000
1
1,000,000 - 2,000,000
2,000,000 - 5,000,000 i
5,000,000 - 10,000,000 |
10,000,000 - 50,000,000i
50,000,000 and over
!
All groups




1

—

6
4
8
3
1
4
1
—
~

27

~
~
—
-

~
~
,
—
—
~
—
_
~
-

2_

-

—

i

1
—

1;
~
- !

~
—
—
_
~
i

mm

1
—
—

1

—

1

1

~
*
~

-

2
1

1

-

—
—
-

1

- | 3

3

j

"
-

1 ~
-

j

—

—
—

mm,

M

5

-

1
—
—
1 14

- 186 Table II>-i ~ Number of National Banks Grouped " y States, " y Size of Loans
b
b
and Investments, and " y Hate of Net Profits on Invested Capital
b

[
Size group
loans and investments

1929 (Continued)
Humber of "banks
Reporting net
Reporting net profit s
deficits or
no net profits
Total
0.0'i
Less j 3*
3% I 12$
or
to
to j and
than ! to
to
i more 1 5-9# , 3%
5.9^ 8.9# 11.9#! over
Hew York

Under $150,000
1
150,000 - 250,000
i
250,000 - 500,000
!
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

- !

4
3
3
3

~

-

3

7

7

63
73
52
1U6
127
Uo

2

i4 j

4

-

,

3
i4
IS

3
19
15
15
4o
26
i4
4

4 1 15
3
11

10

23
19

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
1
:

__I

~
-JL

2
1
__

.jr.

542

All groups

All groups

-

13

28

51 . 92

21

~
~
1
1
1
~

3
s
7
4
23
15
4

1

-

6

—
~
-_,
__

5
2

North
1
1
1

Carolina
1
1
1
I

••'

- i*
_
_
1

1

4




0

_.

_

;

k

O

j

11

2

.
—
—
.
.
~
-

500,000 ~ 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups

_

i 10

250,000 - 500,000

!

j

4

-

;

8

3

7

—
-

1
1

!
j

—
2
2
1
2
2
—
—
-

—
_
~
~
~

4

5

4
_
.
~
~
~

9 ' U
_____

3S
35

:

—
1
1
—

6

Horth Dakota
_
11

Under $150,000
150,000 ~ 250,000

12

94

j 18

i

!

7I

l
—
-

6

5
26
24

36
4i

126

2

6

12

7

1

6

138

r

~
"
.
-

12

__

7

i
j

66

9

2

4

J

1

s
_i

~

3

10

l
-

11s j 22

3
4
S
-

r

21

: 7

—
2

2

6

7

i

—

l
2
—
—
—
—
-

.
—
—
2
— 1

3

-

i

i 1

1
1
-

!

1

i 1
i

—
-

I 15

X1

1
2

1

—

12

j

—
2
2
S
1

3
4
—
—
-

i 20
J

~ 187 Table Il-i - Number of National Banks Grouped by States, " y Size of Loans
b
and Investments, and by Rate of Net Profits on Invested Capital

1
Size group
loans and investments

1929 (Continued)
Number of banks
Reporting net
Reporting net profit s
deficits or
no net profits
Total
12$
6$ ! 0.036 Less
6$
3#
to
and
to
or
than
to
to
5.9$
5.9$ . 8.9$ 11.9$ over
more
3i
Ohio

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups

_

54

47
40
73
42
13
13
1

*
~

1
3
2

9
24
!

i

4'

I

4
2

- 1
- !

~

14

316

_
-

_
-

6
1
4
10
4

-

9
6

2
1 I

u

_

5
9
15
17
7
15
8
4
1

4

2

1
28

-

4
10
15
16
27
21
6
5
1

50

81

105

27

11

4
4
9
4
2
3
1

6
7
6
4
4
1
2
1
1

10
32
52
19
13
12
10
2
3

-

T

32

153

6
10
5
2
14
4
2
3

2

1
1
2
3
2
1
1

-

-

—

Oklahoma

4
10
6
3

Under $150,000
29
150,000 - 250,000
j 70
250,000 - 500,000
90
500,000 - 750,000
35
750,000 - 1,000,000
23
1,000,000 - 2,000,000
20
2,000,000 ~ 5,000,000
16
5,000,000 - 10,000,000
3
10,000,000 - 50,000,000
5
50,000,000 and over
——
291

16

24

All groups

1
6
5
1
2

1
6
9
2
1
4

3
5
3
2
1

—

—
—

~

1

1

1

-

-

"
~

—
1 -

—
—
-

15 ! 24

. 27

-

1

Oregon
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups




_

—
.

_

_

»
—

m^

21
17
15
10
17
8
2
1
1

1

2

—

~

3
2 ,
1
1 ;

5
4

~
_
—

1

—
—
-

1
4
3
4
4
1
1
1

8

12

92

3j

1

— !
— '

;

~

l
'

—

-

|

5

1
1
—
-

5

*
*

2
1

j
19

.a.

mm

6
3
2
2
2
1 !
1 1

3
6
4
1
8
—

—
-

1—
-

17

i 26

4

- Igg Table Il-i - Number of National Banks Grouped " y States, by Size of Loans
b
and Investments, and by Rate of Net Profits on Invested Capital
1929 (Continued)
Number of banks
R e p o r t i n g net 1
R e p o r t i ng net p r o l i t s
d e f i c i t s or
no net p r o f i t s 1
Total
0 . 0 % ] Less 1
~9T~T"12T
than
or
to
to
to
and
to
more
5.3i 1 3^ 1 5.9^1
over

Size group
l o a n s and i n v e s t m e n t s

~W~\

11.9* 1

Pennsjrlvania
__

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
A l l groups

1 j
3 1

32
124
116
90 1

^

!

2

*+ !

17S 1

1
1

4s
26

!
:

1

_I

JZ

—H.

s4o

16

37

1
16
21
10

|
j

Si
56
1
85
3
10
18
4 j 10
2
—Z.

152

j

-

4
5

2
10
13

9
_5

7S ! 202 ! 314

7

~
~

~
*

9
37
37
35

8
1+0
25
24

IS
18
11

b

213 1

j

4

7
7
6

2

4 1

-

l

10
2
1
~~
.

4i
38
11

6

1
—Z.

4l

|

.»

Hhode I s l a n d
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
A l l groups

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups




-

_.
~
_
-

10

-

-

1
-

1
2
-

1

4
1

2
2
11

6
3

10
10
1
1

j

~
_
-

-

~

1

~
-

-

1

1
-

1
-

_
-

1

-

-

—
-

1

1
2

—
-

~
-

U

|

1
t

-

~
~
-

46

1

1

j

I ' !3

-

7

1
-

—
1

j

_,

1 ~
"

1

i

South C a r o l i n a
— [ —
—
—
l
~
I 1
—
2
4 i 3
2
2
i
~
1 i 1 1 i
~
— i 4
1
i
2
1
i
1 3
—
l
~
j —
—
i

j

—
—
—
—
-

i

2

-

-

1
-

,

~

~
~
~
_
-

j

—

2

~
~

—
—

~
_

k
3

1~
~
**
*

1 —
1 *
~

1-

~

-

1 9 j 3-3

17

1

1 ~

91

-

-

~ 1S9 ~
Table Il-i - Number of National Banks Grouped " y States, T y Size of Loans
b
p
and Investments, and by Rate of Net Profits on Invested Capital

Size group
loans and investments

1929 (Continued)
Number of banks
Heporting net
Reporting net profit S
deficits or
no net profits
Total
12$
0.0$
6$ ~9?
Less ! 3$
6$
to
to
and
or
to
than i to
more I 5.9$
5.9$ 8.9$ , 11.9$ I over
3i 1
South Dakota

Under $150,000
150,000 ~ 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups

10
18
29
13
8
6
8

1

1

2

-

-

-

-

8 1 6

12

13

25

1

—

1

—

-

5
12
1
8

1
7
3
2
6

-

-

-

—
—
—
_
-

_
—
-

«
_
—
_
~

92

10

13

1
2
2

2
1
3
1
1

6
3

^m

3
5
4
1
1
2
2

3
1
6
2
1

—

4
3
2
1

—
—
—

-

M

5
5
4
4
4
3

Tennessee
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000 '
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups

5
5
23
23
7
19
5
3
7

~
~

1
1

1
1

2
2

1
—
-

—
~
-

_
—
~

3
4
-

i

~
_

-

i

1

1
2

1
1

2
2
1
1

-

—
-

-

-

-

20

30

21

1 14

22
11
23
7
3
5
4
3
1

18
13
37
20
11
10
8
3
3

12
14
41
14
13
11
12
5
6

6
23
28
25
13
13
10
3
7

1

~

97

1
3
6
1
3
2
3

3_ .

4

5

Texas
Under $150,000
88
150,000 - 250,000
j 99
250,000 - 500,000
| 167
500,000 - 750,000
j 85
750,000 - 1,000,000
45
1,000,000 - 2,000,000
53
2,000,000 - 5,000,000 j 37
5,000,000 - 10,000,000
15
10,000,000 - 50,000,000
17
50,000,000 and over

13
8
13
3
1
5

606

43

All groups




—
-

ii

18
16
7
1
4
1
_

_
_

58

6
12
9
9
3
5
2
1
-

|

! 47

79

-

—

123

128
!

128
1
i

- 190 Table Il-i - Number of National Banks Grouped " y States, " y Size of Loans
b
b
and Investments, and " y Rate of Net Profits on Invested Capital
b
1929 (Continued)

Size group
loans and investments

Total

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

Number of banks
Eeporti ng net j
Reporti ng net p r o f i t s
defici ts or
no net •p r o f i t s
Zjb j~W~\
0.0$ 1 Less
to |
to 1 and
or
to ! than
to
!
5.9$
5.9$J
11.9^1 over
mote
3$
8.9jS
Utah

_
—
7
1
5
1
1
4
1
-

All groups

—
—
~
_
_
—
_.
—
—
mm

20

_
"*
~
—
~
—
mm

mm

•~

—
*

—

mm

mm

—
—

mm

mm

mm

1
~
2
1
—
3
—
-

2
1
2
—

7

~* i

mm

mm

mm

~
—
-

""
"
~
—
~
-

**
"
2
—
i
—
—
i
i
-

3

— 1

2

_

5

mm

1 |

mm

mm

mm

mm

5

Vermont
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000 i
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups

_
1
5
7
6
16
9
2
—
~

•»
_
—
~
~
l
—
-

46

1

v.

—
—
~

~

mm

mm

—
i
i
i
~
—
_

l

3

mm

—
1
—
mm

•*

mm

**
- 1

i

1
1
2
1
6
3
1
—
-

mm

3
1
3
6
—
—
-

15

13

-

mm

—
1
1
1
—
-

!

3
2

:

2
2
1
—Z.
i

10

-J1

i

3

Virginia
Under $150,000
150,000 - 250,000
250,000 - 500,000
1
500,000 - 750,000
1
750,000 - 1,000,000
1
1,000,000 - 2,000,000 !
2,000,000 - 5,000,000
5,000,000 - 10,000,000 i
10,000,000 - 50,000,000'
50,000,000 and over
All groups




«—
—
1
—
—
3
1
—

1
8
36
29
23
30
19
8
5
Z,

!

159

|

mm

2
4
1
—
2
—
~
mm

-

5

9

*
_
1
2
3
13
1
—
10
4 j 6
7
1
2
3
4
1
—
1
~

mm

*—
7
6
2
4
1

M

1

mm

1
-

2
-

3
2
~
1
1
1
1
-

I 1 2 1 47 | 55 [_ 22

1 9

1
8
9
11

1 15

1
I

9

- 191 ~
Table Il-i - Number of national Banks Grouped " y States, " y Size of Loans
b
b
and Investments, and " y Hate of Net Profits on Invested Capital
b
j

Size group
loans and investments

1929 (Continued)
ifcmfoer of banks
Report i n g net
Heporti ng net p r o f i t s
d e f i c i t s or
no n e t p r o f i t s
Total
~12fo
6/i
O.Ofo
Less | 3£
and
or
to
to
to
than j to
more ,
5.9^0 _ 3i_L5^9i. g . 9 ^ 11.9# over

1
!

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1
1,000,000 - 2,000,000
2,000,000 - 5,000,000
1
5,000,000 - 10,000,000 j
10,000,000 - 50,000,000
50,000,000 and over
1

Washington
1 i
1
1

1
2

-

-.
-

3

3

4

3
3

8

-

2~

~
-

4
27
l4
12
21

x

1

3

3

2

1

2

-

3

-

1

2
2

l
2

4
3

-

-

1

-r

1

102

k

2
S

-

3D
19

3

3

1
1
2
l

—

6

-

1

2
-

2

A l l groups

5
1

~
-

-

1

-

_

i
i

_

!

5

1

j

7

13 |

10

25
12

2

_

2

2

3
~

-

20

13

—
2

1
6 !
10
2

9
k
k
9

11

11

-

West V i r g i n i a
—
l
l
1

7
3

3

-

7

l
2

5
4

l
1
l

2

—

'
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

—

1

7
—

2
1

3S
—
~

-

1
l
l

1
j

—
-

4

3

4
3
_

1
2
1

-

_

-

-

~
-

10

2

3

1

!

i

All groups

.114

11

12

18 \ 34

: 27.

Wisconsin
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000 1
10,000,000 - 50,000,000
50,000,000 and over
All groups




|

1

6
23
17
14

-

3
l

-

1
1
~

4s

30

-

10

1

k
1

155

-

6

1
1

—
-

_

1

3

6

l
l

2
2

lL

6
5

~

1
1
1
-

-

2

12

—

'

—

2
1
1

1

2
4
7

i

12
11
2
2

_

-

2k ' ! 4 i
i

3

1
1

—

-

1

1 i
5
4
5
17
6

—

J

34

!
!

3
g

6
3

11
34

- 192 ~
Table II-i - Number of National Banks Grouped by States, by Size of Loans
and Investments, and by Rate of Net Profits on Invested Capital
1929 (Continued)
Number of "banks
Report ing net
E e p o r t i ng ne1: p r o f i i:s
cief'ic i t s or
profits
no n e t
Total
by*
Less
12ft
0.0)o
0)o j 9">
or
than
and
to
to
to
to
more
5.9W
S.9*> 1 1 . 9* over

Size group
l o a n s and i n v e s t m e n t s

Wyoming
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000 ,
2 , 0 0 0 , 0 0 0 - 5.000,000
5,000,000 - 10,000,000 !
1 0 , 0 0 0 , 0 0 0 - 50,000,000!
50,000,000 and over

2

-

_
-

1
_
~
-

_
~
1
-

25

-

1

1

2

1
2
2
2
«
-

~
2
-

5
U

I

7

_
1
1
1
1
-

_
1
2
1
2
1
-

7

k

10

3

1

!
A l l groups




,

- 193 Table II-j - Number of National Banks Grouped by States, by Size of Loans
and Investments, and by Rate of Net Profits on Invested Capital
1930
I
Size group
loans and investments

Number of banks
! Reporting net
Reporti-ag net prof: t
deficits or
*S
! no net profits
Total
12$
6$
Less
3$
9#
6}6
and
1 to
than
to
to
or
to
more 1 5.956
3%
5.956 ! 8.976. 11. 9# over
Alabama

Under $150,000
!
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

8

1

11
19
18
8
19
10
—
3
1

~

97

All groups

2
~
«
-

2
3
2
2
1
5
-

3

15

2

!

3

1

3
4
3
5
2
7
4
-

—
3
6
2
1
5
2
2
-

22

28

21

2
1
5
6
2
2

13
'

~
_
_
~
~
~
-

~
1
_
~
~
1
~
1
-

~

3

Arizona
Under $150,000
150,000 - 250,000
1
250,000 - 500,000
500,000 - 750,000
!
750,000 - 1,000,000
1,000,000 - 2,000,000 1
2,000,000 - 5,000,000 |
5,000,000 - 10,000,000 !
10,000,000 - 50,000,000|
50,000,000 and over
J

_
2
5
1
1
2
2
~
-

_
~
~
"
~
—
- !

~
- i
— j

•—

—
2
1
_
—
—
_

~
—
—
~
~
_
~ j

1
1
2
2

1

Arkansas

i

1
1

—
-

2

3

i

3

~
~
—
1
—
—

—

- ;

- \
.

—
—
1
1
~
.
1
—
~
-

2

j

1
1

—
13

All groups

^
,
~
~
1
~
—
—
1
—
-

—
—
1
~
_
1
—
«

!

3

•

j
Under $150,000
150,000 - 250,000
j
250,000 - 500,000
!
500,000 - 750yOOO
!
750,000 - 1,000,000
I
1,000,000 - 2,000,000 |
2,000,000 - 5,000,000 '
5,000,000 - 10,000,000 i
10,000,000 - 50,000,000i
50,000,000 and over
j

».
-

5
13
12
9
2
5
5
3
~
-

2
3
1
1
,
~
1
—
~
.
-

3
3
—
_
_
_
_
_
-

1
2
2
1
1
1
—
1
_
-

54

8

6

9

1
2
3
2
1
~
—
1
_
-

M

1
4
_
.
.
-

—
.
~
~
.

2
1
1
—
2
1
1
~
-

—
•
»
«
.
_
*
~
-

8 .

2

2

1

All groups




i

11

10
1

19 U
Table II-j ~ Number of National Banks Grouped "by States, by Size of Loans
and Investments, and " y Rate of Net Profits on Invested Capital
b

j
1
Size group
loans and investments

j

1950 (Continued)
ifamber of banks
ing net
j Report
Reporting net protiits
| deficits or
no net profits
r
Total
9 ^ ~ 1256
j 0 . 0 4 Less
to
and
t o \ to
j or ! to' ! than
over
5.9fo i 3 % i 5.9^ 8.9i 11-95S
1 more J

j &%

California

1 1
lk i

1
1

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

k2

31
19
3U !
!
2k
6 '

!
\

6

~

3

6
k
~

7
1 i
!

_
-

189

5
k
5 ! 9

!

!
l
!

21

l :
3 i
7
2
2

1 1

-

-

8

3
6

3

k
6
4

-

7
5
U

31

6

1
-

-

23

10 i

k

6
5

2

5

-

5

1
1
l

^3

19

-

19

1

2

27 1 37

~
-

_ !

All groups

2

1
S
2
1
1
3

3

2

2 1

l
-

Colorado
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
|
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
I
1
All groups

-. „,

1
1

9
17
39
15
7
IS

_

.

1

3
5
k

k

~
~

1
~ 1

1
2
1
1

,

2
1
2

5

2
2
3 i
1

-

1

3
8

-

116

18

21

23

—
1
1

7

~

_
~

7

l

2

U

—

2
2

0

1

~

~
—
-

~
~
-

18

12

•

-

1

5

-

1
1

5

1
4
1

~
-

~
- '

-

.

-

7

5
1

.

k
7
5

j

2 1

3 j

^

j
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000 i
50,000,000 and over
j
All groups




1
j

1
2

6
k

k !

Ik
Ik
8
g

~
~
~
~
~

- i
~

~ i
!

-

61

1
;

l

Connecticut
- | ~
*
1
j
1
3
3
:
3

-

—
~
-

M

1
k

2
1

7

~
>
.
~

l i

2

k 1

1

l

3

U

-

-

—
-

—
—
—
~
~
~
~
-

7

6

19

2

-

ij

26

;

1
1

i
j

—
—

U
5

1
—
~
—

- 195 Table II-j - Number of National Banks Grouped by States, " y Size of Loans
b
and Investments, and " y Hate of Net Profits on Invested Capital
b

Size group
l o a n s and i n v e s t m e n t s

Total

19^0 (Continued)
Ifqrriber of banks
j Seport ing n e t
1 d e f i ci t s or
E e p o r t i ng net, p r o f i t,s
no n e t p r o f i t s
!

6)0

|

1

O.Q;»~f

to

Less

12)b
and
over

6^6

! than

to
\3jSbo

1 more

to

to
11.9%

Delaware
_.

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2 , 0 0 0 , 0 0 0 - 5,000,000
5 , 0 0 0 , 0 0 0 - 10,000,000
10,000,000 - 50,000,000
5 0 , 0 0 0 , 0 0 0 and over

j

_

'

1 !
-

k

.

A l l groups

1

16

—
—

1

-

~

-

_
-

1

2

9

3

-

—
-

_
-

-

2
2
1
-

-

1

5

1

I

~
-

—
-

-

1

„

1
2
1

1
|

-

3
k

„.

_

_
-

~

1

2
2

_
_
—

_

1
-

l

1

h

-

1
-

-

1

1
2

D i s t i • i c t of Columbia
Under $150,000
150,000 - 250,000
!
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2 , 0 0 0 , 0 0 0 - 5,000,000
5,000,000 - 10,000,000
1 0 , 0 0 0 , 0 0 0 - 50,000,000
5 0 , 0 0 0 , 0 0 0 and over
J
A l l groups

j

_
_
_
_
-

1

!

1

—
_
«.

-

1
1

1

1

~

11

1

3

!

-

~
-

k
3

!

1

-

1

•

_
~
-

—
.
~
-

„,.

'

_
-

- 1
1

"«•"

T

„,.

'

Florida
Under $150,000
150,000 - 250,000
250,000 - 500,000
1
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2 , 0 0 0 , 0 0 0 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
1
A l l groups




!
1

71

_
2

!

1 1

k
1

_
-

1
3

i
!

3 \

1

J

-

_

1
2 !

_
-

l
1

3 !

2
2
2
1

rm

7 !

2

1

-

-

-

-

-

r
0

1

2

1

2

\

-

-

-

-

-

52 \

«

10

17

9

2

\

iU !

Z.

3

1

1
j

I

!

6 I

3

-

-

2
-

1
2
-

!

1
!

-

-

*"
"

3

3
1

- 196 Table II—j - Number of National Banks Grouped "by States, by Size of Loans
and Investments, and "by Rate of Net Profits on Invested Capital
1930 (Continued)
Number of franks
Reporting net
Reporti ng ne1b profii;
deficits or
s
no net profits
Total
676
6^ I 0.0j6 Less 3$
12^
9/
-6
than
or
to
to j to I to
and
more
5.9)6
o/o . 5.9)6 ' 8.9)6 11.9)6 t over

Size group
loans and investments

Georgia
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

-.

—

-.

i
i
-

2
4
4
1
2
1

3
2
1
1
3

2
13
20
9
7
10
6
1
1
2

-

71

6

2
-

1
1
-

1
4
10
2
3
3

1 S

-

—
—
~
• ~
- ;
-

1
2
3 1

2
-

2 1

- I - :

1
1
- i

1
2

•

~

1
-

1
-

i

All groups

14

11

:

25

_

2

1
1
1

13

_

Idaho
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
j

~.

3
7
15
5
3
5
2
1

1

~
_

-

—
—

~

—Z.

—Z.

3
1
1
i
-

|

1
2
1
2
2

—n

6

1
j
1
!
|

—

~

«.

2
~
l

!

41

All groups

1 |
—. 'l

1
2
2

1
2
2
-

>

6

~
~
—
~
~
-

—
—
—

S

1

—

2
3
1
_

2
~
_
—
~

_n
;

4

:

6

t

8 i

8

3

Illinois
Under $150,000
150,000 - 250,000
250,000 - 500,000
j
500,000 - 750,000
j
750,000 - 1,000,000
1,000,000 - 2,000,000 |
2,000,000 - 5,000,000
5,000,000 - 10,000,000 j
10,000,000 - 50,000,0001
50,000,000 and over
\

17
46
107
54
55
73
56
19
6
3

2
4
10
5 i
5 \
12 !
4
- |
~ 1

3
7
22

i

—n

——•

7
4

ii
8
4
—

6
11
17
10
! io
1 12
i 8

! 5
i 14
1 Z6
j 15

;
i

1
i




436
i

|

42

66

16

! 25
j 16

3
i

1 _=. !_i
\
j

All groups

i
-

i

1
9 i
16
11
14 j
7

1 14
6
3

1

„

i

1

6
S
3

—

~
—
~
!

3

4 1 2
4 1 2
3
2
2

1 —
_i j _1 i

j
}

i 75 ! 132 • 82 j

30 !

9

- 197 Table II-j - Number of National Banks Grouped " y States, by Size of Loans
b
and Investments, and by Rate of Net Profits on Invested Capital

1
Size group
l o a n s and i n v e s t m e n t s

1930 (Continued)
Number of banks
: Report ing n e t
i d e f i c i t s or
K e p o r t i ng net p r o f i 1 :s
i no n e t p r o f i t s
Total
~ 12%
0/0
O.Ojo
Less 1 35°
f 6,
and
to
to
!
to
than I to
or
i more L 5.9% ___35* _L5.9k. S . 9 l U . 9 % over
Indiana

7
2U
47
26

!

21

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2 , 0 0 0 , 0 0 0 - 5,000,000
5 , 0 0 0 , 0 0 0 - 10,000,000
1 0 , 0 0 0 , 0 0 0 - 50,000,000
5 0 , 0 0 0 , 0 0 0 and over

1

_

3
7
9
3
r

1

u
2

39

3
X

24

9

2

6
6

'0

-

A l l groups

_.

—
»

—

-

10

9

13

3
9
6

2

1

-

~
-

11
Q'O

6
4

4
1
1

1^

200

-

-

——

4

1

3

1

3
13

2
l

6

_ i

*3

_
-

4

4
1
1

s

1

-

-

-

31

g

2

—
.

_
-

4

3
1
+

>+3 | 53
Iowa

A l l groups

2
4

23
75
3S
22

4

-

13
6
3
6

16
5
5
9

12

3

l
2

11

9
3
7
3

s

I

2
1
2

32
10

1

-

z_
219

-

33

6
3
|

4
10

16
3
3

10

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2 , 0 0 0 , 0 0 0 - 5,000,000
5,000,000 - 10,000,000
1 0 , 0 0 0 , 0 0 0 - 50,000,000
50,000,000 and over

^3

1

l
l
l

2

3
3

1
1

2
1
2

2
1

-

-

-

1

3
5

2

-

1

-

"

16 | 14

32

^3 | 38

1
(

Kansas
Under $150,000
150,000 - 250,000
i
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
]
1,000,000 - 2,000,000 j
2 , 0 0 0 , 0 0 0 - 5,000,000
5,000,000 - 10,000,000
1 0 , 0 0 0 , 0 0 0 - 50,000,000j
5 0 , 0 0 0 , 0 0 0 and over
j
A l l groups




j

19

l

2

57 1
S4

6
3

11

30

""

5

25 i

2

10

-

j

2
2
——

243 ;

g
12

2
12

2

—

-7

5

16
5

16
5
3
5
3

12

7
19

5

4
1
4
2

f

6
j

14

4
10

5

2
4

2

~
-

-

12

30

i

U
1

-

2
4
1
-

-

3

2

1

4
2

-

33 | ^9

:

u s

j

-

-

33

38

1
-

- 198 ~
Table II-j - Number of National Banks Grouped " y States, by Size of Loans
b
and Investments, and " y Hate of Net Profits on Invested Capital
b
1950 (Continued)
Ifamber of banks
1
| R e p o r t i n g net
|
R e p o r t i ng n e t p r o i ' i b s
! d e f i c i t s or
no n e t p r o f i t s
1 Total
6^ ~~9$ ~i2<r
! o$ j o.o# Less
to
'. t h a n
or
(
to
and
to
i
to
more ! 5*9^
1 1 . 9 $ over
1

Size group
l o a n s and investments

|3ir-

1 3?

|

i
!

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

1
i

!

-

3 i
31 i

k

31
33
1

~

3

-

126

A l l groups

2

7

2

1

-

9

6
3
6
9

5

~
-

1
l

-

12

3
5
7

~
~

3
~

3
4

k

l
1
1
~

13

—
-

7

1

11

!

! 5.9^ ,

Kentucky

s

~
-

l
-

ik

16

39

i

i

5

3

3

l
l
l
-

2
-

l
~

28

14

7

1
1
2
2
1
—
2
-

~
1
1
1
_

~
.~
~
—
-

i

Louisiana
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 ~ 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
A l l groups




l
~
-.
l
_
~

2

k
6
h
5
3
2
-

i+

6

!
j

h

—

301

A l l

All groups

1
1
~

1
l
2
1
1
~
_
-

-

i
1

!

2
-

1
2
-

~
~
l
1
l
2
~
-

~
1
—
2
1
2
-

|

52

3

5

0

'

••

1
-

7

1
4

J
i
1
j
!

6

9

l_

1
2
1
S
8
1
-

—
l
2

_
1
~
1
-~
1
~
~

—
-

3

4

.

Maine

i

I
|
i
|

i

l
1
l
l
l
l
-

ik
20

k

1

r

21

3
3
l
—
-

10

—
~
1

3

* 199 Table II-j - Number of National Banks Grouped "by States, by Size of Loans
and Investments, and by Rate of Hot Profits on Invested Capital
1
Size group
loans and investments

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups

1930 (Continued)
Number of 'banks
Reporting net j
deficits or !
Reportiiag net profit s
no net profits 1
Total
O.O7& Less j 3^
-9T~l ~12^~
and
to
than j to
or
to
to
3$ I5.9$ 8.9! 11.9)6 over
more
5.95J
Maryland
r
'
j
~
~
H
mm

~

-

1
1

1
6
9
7
28
17
4

2
2
1
2
3

—

5

~
-

4
3

1
3

~
~

1

~
-

16

8

4

1

-

3
1
8
i 13
!
3

1
1
1
2
7
5
2
3
2

«
-

«.
~
—

1

"*

1

1

;

2

—

5

1

5
1
1

-

"*
~

1

—
-,
—
~

73

7

10

8

—

_
~
-

**

6
! 8
j 3
| -

3
4
3

i

-

-

~"

1
j 20

Massachusetts
Under $150,000
150,000 ~ 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups




_
—

_
—
—
-

1

1
2
8
12
9
40
47
15
13
3

—
-

2
9
8
2
2
1

150

13

24

.40
1 36
Michigan

2
5
15
13
23
29
18
10
5
2

2

-

- 1-

i
i
i
i

6
3

„

1
4
6
2
12
11
3
1

~

!

7

1

i

2
1
1
2
2
2
-

10

25

-

2

1

122

1
6
2
2
1
1
1
—

4
2
4
2
2
—
-

1

i 1
| 1
4
2
1
j -

'

16

—

14

!
!
!
|
j
!

(

9

3
2
2
6
10
5
2
1
—

| 31

—

1

_
•
—

2
5
5
5
j

;
1

1

i
!
1

2

5

! 3 i
3 1
j 2 i
30

1
1

!

i
!
!

~

1
!

1

-

3
3 1 1
3
1
— j 1
—1.
12

! 10

6

- 200 Table II-j - "Number of National Banks Grouped by States, by Size of Loans
and Investments, and by Eate of ITet Profits on Invested Capital

Size group
l o a n s and i n v e s t m e n t s

1930 (Continued)
number of banks
.Reporting n e t
d e f i c i t s or
Heporti ng n e t p r o f i t s
no n e t p r o f i t s
Total
6> ; O.O/o
Less | 3^"~i ~W~\
12j&
or
to
than ! to ' to
and
to
roo r e
s,9i: 11.9% 1 over
5.9%._:
Minnesota

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2 , 0 0 0 , 0 0 0 - 5,000,000
5i000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

5
29
38

46
26
35
17
3
3
__3

_

9
9

6
16

l
l

1
2
Ik
8
1

10

k

6
16
lk
k

i

3
8

_
2 I

;

_
-

9
3
3
5

16

I

1
~
-

5

1
2
l

1
1

36 ! 5k

7
3

_
~
-

1

39

23

36

l

1

5 |
k j
l 1

l
-

-

S
3
-

i

l

i

-

- !

6
5
6
3

u
5
u

i

A l l groups

255

2k

^3

M ssissippi
i
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2 , 0 0 0 , 0 0 0 - 5,00p,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
5 0 , 0 0 0 , 0 0 0 and over
A l l groups

_
l
2

9
6

—
—

1

_
1
1
-

~

1
~

-.
1
«
1
-

7

6

7

3

2

1

1
2

—
~

l
_

k

—

3Q

2
1
-

*
~
1
_
~
2
1
-

•"
""
1
-

10
2
——

^,
~
-

k

3

3
3

'a.

Missouri
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2 , 0 0 0 , 0 0 0 - 5,000,000
5 , 0 0 0 , 0 0 0 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
A l l groups




l

_
1
2
1
1
-

118

5

6
16
26
ik
15
12

17
7
k

1
8

3
3

k

; s

1
1

3
i

~

-

k

i
\

.,..,-

2

s

3

4

"*
""

1

3
6
5
k

2S

!

33

6
1

r
0

I

23

i

1

1

1
7
1

-

•

2
1
1
!

«.

1

- '

3

1
1
2
-

2

-

1

1
1
1
~

k

- 201 Itable II—J - Number of National Banks Grouped by States, by Size of Loans
and Investments, and by Rate of Net Profits on Invested Capital
1930 (Continued)
Number of "banks
Size group
loans and investments

Total

Reporting net
Reporting net p o "- ts
rf1
deficits or
no net profits 1
6$
0.0;/6 i Less
9$
! 12*
to i to
to
to 1 and
or
than
5.9$ ; 3&
5.95b 1 8.9* 11.9$ I over
more
Montana
-

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
&L1 groups

10
13
9
4
4
8
9
1
1

All groups

1
1
4

1

2
1

2

2
2

4
28
61
22
12
19
8
1
4

1
2 j

1 i
1
2

2

8

1
2

1
3
8
2
1
4
1

6
2
2
1

1
3
1
1

8

10

Nebraska

3

2

9

8

1
6
11
3
2
3
1

1

2
1

2 i

2

_
59

2

_

14
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

2
3
1
1

5
6

1

1
7
6
2
1
2
1

6
8
3
2
4
3

3
14
7
4
3
2
1

2

_n
159

20

11

18

28

54

20

28

Nevada
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups




„

-1 "
_ j

1
3
1
2
3

1

- 1 1

2
1
1

~ j
1

-

!

j

2

1

i

~

10

-

|

3

1

1

1

|

4

202

Table II—J - lumber of n a t i o n a l Banks Grouped "by S t a t e s , "by Size of Loans
and I n v e s t m e n t s , and by Rate of Net P r o f i t s on I n v e s t e d C a p i t a l
1930 (Continued)
ifanber 01 banks
ivnmper of pangs
Reporting net
i
c
i
deficits or
Report i] g net profit s
!
no net -orofits
! Total
s% ; 0.0'* Less \ yp !
3% j~12^"
!
1
and
or
to j to
than ! to
to
I
over
more
5^
\^M\ 8.9# 1 11.9$ 1
1
5-93
1

Size group
loans and investments

i

i
,

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
i
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over

,
•

Hew Hampshire
••

'

"'""•'

'

___

•

r

-

56

1
2
2
1
-

10

2
1
1

-

~
-

1

S

10
11
11
1

3

~
-

1 1

-

1
2
1
2
2

mmt
11

All groups

-

^ 1

~
~

~
-

j

1

~ ;

>+ !

3

2

j

k

M.

~

—
-

i
5 i:

1

-

-

~

«»
«
«
_
-

««
-

g

20

9

-

1

~
_.

~
—

•

3

!

1

-

1

Hew Jersey
,

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups

-

•

'

"

1

1

i

k

6
7
1
+
S
19

k

5

r
0

10

5

7
12
1+
1

7
19
16
5

5
23

10

3

k

k

6

3

~

-

g
3

5

-

29U
'

-

2

12

~

* '

—

2

10

15

'

—

1

g

22

r

-

~

6
27
39
29
S3
73

-

hi
'

"

-

—

•

53
:

—

•

—

—

Gk
1

'

*

9
k

~
~
~

2
1

1
2

•

•

-

18

i 3

~
~
—

52
—

_

-

63
•

•

1
1

—

• • • •

New Mexico
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups




3
3
5
5
k
1

u
1
-

26

1

~

~
~

l

~
—
~
~
~

i

—
_
~
—
~

1

—
_

1
—

~
i

""
**

—
-

~

1k

!

1
1

1

1 3
i ^
1 2
~

1

1

r-

~

1

~

1

I

~

-

1

—

1

1
1
1
l

-

-

-

~

1

—
«

!

~

2

—

1

1—

—
-

*
~
-

—
-

5

3

12

- 203 Table I I - j - Ifenber of N a t i o n a l Banks Grouped by S t a t e s , by Size of Loans
and I n v e s t m e n t s , and by Rate of Net P r o f i t s on I n v e s t e d C a p i t a l
19^0 (Continued)
Number of "banks
Beporting net
R e p o r t i ng n e t p r o f i t s
d e f i c i t s or
no n e t p r o f i t s
Total
0.0/b
12c>
Less !
6jb
W~\
and
to
than ; to
or
to
to
Jto \ 5.9fr 8*921 11.9% 1 over
more
5.9iLJ

_ _ _
Size group
l o a n s and i n v e s t m e n t s

~¥ 1

New York
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2 , 0 0 0 , 0 0 0 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
A l l groups

_

9
65
73
69
13s
129
38

_

_

k

1

—

-.

13

15
16
13

1
+
11
15
10
19
22

12
16

9
23
17
2

33
31

6

7
3

1
2

95

88

551

12
22
26

2

>
-

_I

9

9
3

K

22

!

1
1
8
10
18 j
29 1
17 !
8
10
1

91

-

118

mm

m^

j

-

-

5
5
k
9
x
3

1
2

-

-

3
3
3
l

5 I

2

^3

, 103

13

North C a r o l i n a
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2 , 0 0 0 , 0 0 0 - 5.000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
5 0 , 0 0 0 , 0 0 0 and over
A l l groups

1_
>l

mm

_

_

-

~
-

1

l
1

1

—

1

2

-

-

2
1

—

-

-

3

1

5

—
-

1
l

7
9

5

-

-

-

-

-

1

3
1

-

9
5

2
1

l
22
11

3
——

7

55

:

i_

10

u

-.
-

—
-

-

j 2k

—
—
—
-

1
1

1

2

mm

2

9

!.

-

North Dakota
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2 , 0 0 0 , 0 0 0 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
5 0 , 0 0 0 , 0 0 0 and over
A l l groups




13
31
31
10

k
9
6

1
!

6

2

7

12
8

5
3

i

3

!

-

-

1

1
1

—
-

1

-

——

1 Ik
1

.,, ,

1 31

1
1 5

1
2

3
|

-

!

5

1

—

i

1
-

-

16

11

j

9

•

2
1

«•»»

-

8

6

-

1

1
1
1

1
1
—
-

—
-

-

[

2
-

!

k

—
-

3

-

~
-

1

2

106

3

_

-

1

k
—
-

Li__j 19

- 20U Table II-j - Number of National Banks, Grouped by States, by Size of Loans
and Investments, and "by Rate of Net Profits on Invested Capital

Size group
loans and investments

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups

1950 (Continued)
,
_
Number of "banks
Reporting net j
Reporti] net profit s
ag
deficits or
no net profits [
Total
¥jo j 12^6
Less j 3$ j
to
or
to
than j to
and
to j
more |
3$ 1 5.9^ 18.911 11.9#| over
5.9$ 1
Ohio

~~W~\

o.ojTi

12
18
64
42
37
64
40
14
10
1

2
3
8
10
6
4
2
2

302

6
3

—
-

6
2
1
-

-

37

55

65

11

7
7
12

1

*
~

—

2
8
16
7
9
20
15
3
3

1
4
! 18
7
! 7
! 16
9
1
2

"
*

_
-

-

—
-

9
7
8
9
7
4
1

1

2
1
2
3

-

1 j

84

1
4

1
—
-

- i

46

13

2

5
4
13
6
5
3
2

3
7
13
3
4
4
5
1

3
25
27
8
7
7
7
1
2

Oklahoma
1

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups

29
75
78
23
22
18
16
2
3
1
267

1
3
5
2
3
1

5
16
7
2

6
10
3

6
10
10
2
1
2

—
—
-

—
—
—
~
-

2
1
2
—
-

-

15

30

j 24

i 31

—

—
-

j

I 58

1
-

1

1

41

88

1
2
3

~

2
6

1 ~

-

I 3

2
5

Oregon
1

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
1
5,000,000 - 10,000,000 1
10,000,000 - 50,000,000 i
50,000,000 and over
i
All groups




2
15
24
15
10
15

7
2
1
1

92

1

'

1

3
2
2
I

"
•

2
1
3
2

i

i

2

1

3

i

-

•
i
|

-

i

-

I

—

1

i

1 n

:

1
! 10
*

—

—

|

1

4
6
3
1
1
2

3
!
|
1

5
1
1
-

1

—

1

1

! 2

—
—
-

11

1
1

~
—
~

1 j 19
S

j 15

-

1

2

\

1

1
!
j

13

1
3
2
1
3
1
-

1 1
1

- 205 ~
Table II—j - Number of National Banks Grouped " y States, by Size of Loans
b
and Investments, and by Rate of Net Profits on Invested Capital
1
Size group
loans and investments

1930 (Cont inued)
Number of "banks
iReporting net
deficits or
Reporting net profit s
no net profits
Total
0.0$
6%
Less j 35»
3fo ~12JT
to
or
than 1 to
to
and
to
more
Vio 1 5.9^ 8.95^ 11*9* over
5.9#
Pennsylvania

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000 !
50,000,000 and over
All groups

5- ,
36
125
112

99
199
169
^9

, _

k
8
8

6
6
5

—

10
21

13
11

30
g
3

21

1
l

s

-

-

823

Ho

97

1

3

_

1

11
6
27
33
25 I 31
12
+
19
36
65
13 i 61
5 ! 16
—
3
1
1
+
il*6

261

-

-

5
22
28
l+
l

1

13
7
5
13
7
6

16
*
71
17
9

-

2

3
4
1
~

l

2
l

213

5*

12

—
—
—
—
—

—
-

-

—
~
—
_
-

~
_
_
—
~
~
~
—
—
-

1

1

-

—
—
—
—
—

—

1

Rhode Island
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups

—

1
-

1
2
—

1

k
1
-

—
_
*
~
—
_
—
-

_
~
—

1

l

—
-

—
-

-

1

10

—
—
_
—
—

1

6

—

1
-

l
1
—

1
1
1

1

1
—
i .

South Carp 1 ina
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups




1
2

—
-

9
5

2
_

1
2
1

2

1

-

7
7
-

~
—
~
-

3^_

3

_

1

1
1 •
2

—
—

—
—

1

3

—

1
1

2
2

1

1
1
l
1

—
-

_
—
-

l
-

—
—
—
-

6

11

7

k

~

1
+
—

"
~

1
—
~
*

2
!

M

_

M

—.
—

~
*

1—

-

2

-

j

1

- 20b Table II—j - Number of National Banks Grouped " y States, " y Size of Loans
b
b
and Investments, and " y Rate of Net Profits on Invested Capital
b

Size group
l o a n s and i n v e s t m e n t s

1930 (Continued)
Nmriber of "banks
Eeporting net
d e f i c i t s or
R e p o r t i ng n e t p r o f i t S
no n e t p r o f i t s
Total
6^,
Less
6£ ~9lM 12%
O.Ojfr
3>
or
to
to
; and
than
to
to
more
5.q£ _ 3 l _ . 5.9JB 8.9% 11.9# over
South. Dakota

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2 , 0 0 0 , 0 0 0 - 5.000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
A l l groups

8
IS
26
13
8
6
7
-

1

k

1

1
_.
~

s6

1
~
-

6

—=.

2
1
6
1
1
—
—
-

6

k

2
1

3

1
2
—
—
-

9

11

1

2;
2

,
1

2

7 1
3 !

~
2 - 1
1
—
_
13

6
6
3

3
3 |

2
l

l

— j

—
~
-

3

—
21

20

'ennessee
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2 , 0 0 0 , 0 0 0 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
5 0 , 0 0 0 , 0 0 0 and over
A l l groups

6
k

_
~
2
~
~
~
-

s

17

5

2

5
l

92__

1
1
1
-

2

23
22

8

l
l

3

l
2
l
1
—
1
1
-

3

10

2
1
11

mm

„

„„

2

2

2
1
1
1
—
-

5

5
6

9

I

1

5

2

3

l
-

1
2
1

1
l
-

30

2k

14

1

2

-•

1 10
23
10

k
7

10

\

5

Texas
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2 , 0 0 0 , 0 0 0 - 5.000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
5 0 , 0 0 0 , 0 0 0 and over
A l l groups




90
92
158
70
1+2

13
17
22

5
3
5

ko

35
17
12
1

557

!
!

-

65

26
22
2k
10
10
6
6
2
106

19
17
36
13
8

j
1

23

1 is
1 x 36
i 9

6
6
6
k
9
2
5
1
3
1 1

106

126

3 i
5
7
5
5

8

8

5
6
3

k

5
4
7
3

-

2
-

""
1
-

75

U5

3^

- 207 Table II-j - Bomber of National Banks Grouped " y States, " y Size of Loans
b
b
and Investments, and " y Rate of llet Profits on Invested Capital
b
1930 (Cont inued)
Mumper of banks
Reporting net j
Reporting net profit s
deficits or
no net profits 1
Total
0.0% j Less j 3 ^ 6g I 9# t 12$
and
to
or
than
to
to
to'
over
more 1 5-9^ 1 _3iJ
ll»9#l

Size group
loans and investments

3M1

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
!
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups

-

"
"
-

5:

1

k

~
-

2
k
1
1

_L
J

1
1
!

1 2
7

1

~
~
~
_
_
-

|

1
6

i

^

1
1

1
-

«
.
-

h5

2

\

1

7
5
10

~

~

7

-

-

-

1 jVermont
_
—
~
1
~
k

l

3

2

1

~

-

l

3
3

3
5

g

-

~
~
~

2

i

2
1
1
2
-

~

9 !

2

3

- i

—
-

~
-

1
1
1
2

17

; 5

~
*

1 ~

3
5

~

2

33

2

3

15 ^ g

2k

~
~~

l
l
l

3
3
j 2

10
li

1
1

l

1

l

12

1

-

_
-

j 22 \k2

55

30
29
19
S
*

~7

1

1

~
_
-

1 15^
,

3

!

2

-

~

—
-

Virginia
-

i -

U

1
1
1
-

1
1

—
_
-

2
1

~
-

~
~
~
~

-

S

~

-

31

-

3

I

1

~
~
~ j
- \

i

1

Under $150,000
150,000 - 250,000
250,000 - 500,000
1
500,000 - 750,000
!
750,000 - 1,000,000
1
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
j
50,000,000 and over




!
'

~

_
-

i
j
!

All groups

All groups

~

- j
1 1

-

~
~
~
-

-

!
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,00c
50,000,000 and over

Utah
-

~
—
.
-

2
1
_
I

-

2

l_A_

~
~
*

1

—
—
i

11
12

6

6

3

2
1
2

9
3

2
2

~

2

1 "
-

-

~

l

12

M

j

—.

-

f

12

lU

6

- 20S Table II—J - Number of National Banks Grouped by States, by Size of Loans
and Investements, and by Hate of Net Profits on Invested Capital

Size group
l o a n s and i n v e s t m e n t s

19.3Q..._( Cpnt i nued) _
_
' Kfarriber of banks
Eeport] nig n e t
def ic]i t s or
E e p o r t i ng n e t p r o f i t S
no n e t p r o f i t s
Total
6C/£>
Less
6> ~9> ! 12fi
O.OJi
and
or
than
to
to
to
to
more
5.9-Q
8.9» 11.9ft over
5.9k.

ar ashington
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2 , 0 0 0 , 0 0 0
2 , 0 0 0 , 0 0 0 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
5 0 , 0 0 0 , 0 0 0 and over
A l l groups

2

1

1

6
25

1
1

-

—

2

6

'j

H

lU

-

2

2

1

13

-

lg

2
1

3

13

k

1

2

1

5
1

-

-

99

10

13

3

2
1

3

2
-

-

—
—
-

3

15

2

3

~

1
x

—

-

2
1

3 1 k
j

6

2

2

2

5

-

-

-

2
! 1

1

k

3
1

;

-

-

17

11

!

20

West V i r g i n i a
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2 , 0 0 0 , 0 0 0 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
5 0 , 0 0 0 , 0 0 0 . a n d over
A l l groups

1
1

mm

H
3

2
1
S
1

2

-

-

3

2
2

5

-

1

1

——

-

-

-

107

15

17

15

3
7
26
20
11

23
9
6
2

1

3

-

6
-

_

—
-

_
-.

7
5
3
6

1
2

-

-

«.
-

_
_
~
-

30

25

5

—

—
-

1
1

_

1

3
3

3

2

6
3
6
6
3
3
1

2
2

_

1
1

Wisconsin
Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2 , 0 0 0 , 0 0 0 - 5,000,000
5,000,000 - 10,000,000
1 0 , 0 0 0 , 0 0 0 - 50,000,000
50,000,000 and over
A l l groups




3
6
23
17
Ik

k6
27
9
k
1
150

_
-

—
-

2
1

l
1
1
1

3

-

6

2

-

2

9

-

6
3

!

_
—
-

-

k

! 15

1

2

3

16

_

3
7
U
3

11
1

38

5
7
9
7
2
2
-

J3

1
2

1

-

13

1 3

j 3
j 2

1
1

! -

3

jjO

3

\ih

- 209 tfable II-j - Number of National Banks Grouped " y States, " y Size of Loans
b
b
and Investments, and " y Rate of Net Profits on Invested Capital
b

Size group
1 oans and i n v s s t^ients

1930 (Continued)
Number of "banks
Reporting n e t
d e f i c i t s or
R e p o r t i ng net p r o f i t /S
no n e t p r o f i t
Total
0.0^
Less
Zfc
9$
676
6j&
! 1256
to
than
or
to
to
to
and
r~-<1
more
5.9$
5.9$ 8.9-* 11.9% over
6)0
Wyoming

Under $150,000
150,000 - 250,000
250,000 ~ 500,000
500,000 - 750,000
750,000 ~ 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups




1
1
7
5
—
4
7
_
25

«.
—
~
~
—
~
~
—
-

—
—
2
—
—
1
~
—
-

^
—
—
_
—
2
~
—
-

~

3

2

—
1
_
—
1
1
—
—
-

1
1
~
—
-.
2
—
_
-

—
.
—
—
2
—
1
—
—
-

3

4

3

•w

mm

1
3
3
—
2
1
—
«
10

Table I I I - Percentage Distribution of All National Banks in the United States
by Size of Town According t o Rate of Profit on Invested Capital, 1928-1930

Population
of
town

Total

j Showing a
jnet loss or
, no profit

j ^ ~
j or
imore

ShovrinL s 'not j
prtrfits
i
<
avail a > 1 for iividonds
t e
:

0.0$
to
5 • o fo

Less
than
3$

3$ "' 6$
to
to
5.9$
8.9$

9$
12$
to
and
11.9$ over

1926-1930^)
Less than 500
500 - 1,000
1,000 - 2,500
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000
100,000 and over
All groups

100.0%'
8.6$ 14.3$
100.0 | 9.1
11.8
100.0 1 7.7
10,8
100.0 j 5.8
8.0
7.7
100.0 I 5.5
100.0
3.7
6.4
100.0 1 2.6 6.7
100.0
6.7
3.3
100.0

9.4

6.4
.

13.0$
12.0
11.6
11.4
10.2
10.1
8.9
11.5

19.2$ 19.4$ 13.7$
13.7
17.7
20.7
14.6
18.5
21.5
17.4
15.8
24.6
18.0
20.9
24.2
19.4
19.9
26.1
18.9
19.4
29.0
20.2
26.6
18.1

11.8$
14.9
15.3
17.0
15.5
14.4
14.4
13.6

11,3

18.9

23.2

15.8

15.0

17.1$
16.4
17,3
14.9
21.2
19.1
16.2
16.9

20.7$
20.6
22.3
23.3
21.8
26.9
25.3
28.0

11.3$
13.9
16.4
19.1
18.1
23.0
23.8
22.8

13.4$
15.9
15.6
20.5
19.1
17.0
22.2
15.8

17.4

23.1

17.8

17.0

18.7$
14.3
17.5
14.6
19.2
19.8
19.8
22.6

18.7$
22.0
21.5
25.8
23.7
26.5
26.3
28.4

15.0$
15.2
17.1
18.1
18.0
19.9
20.3
18.0

13.6$
17.0
15,7
19,4
18.6
16.7

17.6

23.6

17.5

_ L.
.
1926

Less than 500
100.0$
100.0
500- - 1,000
1,000 - 2,500
100.0
2,500 - 5,000
100.0
5,000 - 10,000 j 100.0
10,000 - 50,000
100.0
50,000 - 100,000 1 100.0
100,000 and over 100.0
All groups

100.0

10.7$ 14.4$ 12.4$
9.8
11.4
12.0
8.3
10.2
9.9
D0 0
8.5
10.4
4.2
10.1
5.5
3.2
6.8
4.0
1.3
4.8
6.6
4.5
10.9
1.1
6.4

8.3

10.0

.. , .... ,
.

1927
Less than 500
i
500 - 1,000
1,000 - 2,500
1
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000
100,000 and over |
All groups




100.0$
100.0
100.0
100.0
100.0
100,0
100.0
100.0

8.9$
8.9
7.9
5.4
5.4
2.7
3.0
2.8

100.0

6.2

12.7$
11.7
9.8
10.4
6.7
10.0
6.1
8.9
5.6
8.7
4.7 .
! 7.8
3.7 j
9.8

12.4$
10.8

8.1

10.2

i 18.1
114.7
16.8

--±tJ9—

Table I I I - P e r c e n t a g e D i s t r i b u t i o n of All N a t i o n a l Banks i n t h e United S t a t e s
by Size of Town According t o Rate of P r o f i t on I n v e s t e d C a p i t a l ,
1926-1930 (Continued)

Population
of
town

Total

'Showing a'
Showing net profits
net loss or
s
available for dividencI
• no profit
3$
6$
9$
12$
6%
: o.o$ Less
or
than
to
and
to
to
to
moro
3$
8.9$
11.9$ over
5.9$
5.9$
1928

Less than 500
500 - 1,000
1,000 - 2,500
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000
100,000 and over
All groups

100.0$
100.0
100.0
100.0
100.0
100.0
100.0
100.0

7.8$
7.9
6.6
5.1
3.9
2.9
2.8
2.5

100.0

5.4

11.5$ 10.9$ 17.7$
9.9
9.5
17.1
10.4
8.G
16.0
8.8
7.1
15.1
6.6
8.2
19.2
5.0
8.1
16.3
3.7
8.3
12.4
3.8
10.9
19.2
7.6

9.5

16.6

21.3$
23.3
23.9
25.9
28.6
28.3
55.7
28.2

16.6$
15.7
16.3
18.5
17.8
22.6
22.9
18.5

14.2$
16.6
18.2
19.5
15.7
16.8
14.2
16.8

25.7

18.0

17.2

1929
Less than 500
500 - 1,000
1,000 - 2,500
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000
100,000 and over
All groups

100.0$
100.0
100.0
100.0
100.0
100.0
100.0
100.0

6.1$ 13.7$ 11.8$
10.1
6.8
10.6
6.2
10.0
10.9
4.8 . 7.2
11.5
4.7
7.0
9.2
3.0
5.3
10.4
1.9
4.7
9.9
3.0
6.0
11.9

21.3$ 18.7$ 16.3$
21.9
15.3
19.0
14.1
18.2
23.0
18.1
14.6
26.1
19.7
27.3
16.5
17,9
28.6
20.9
20.8
18.9
31.1
17.0
23.2
22.5

100.0

5.1

18.7

8.5

10.7

24.5

16.5

12,0$
16.3
17.6
17.7
15.6
13.9
12.7
16.4
16.0

1930
Less than 500
500 - 1,000
1,000 - 2,500
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000
100,000 and over
All groups

100.0$
9.4$ 20.7$
100.0
12.5
16.9
100.0
9.7
15.7
100.0
8.6
13.0
9.4
100.0
13.1
100.0
6.9 ! 12.2
100.0
4.3
14.5
100.0
7.6
15.8

18.0$
17.5
17.3
16.7
14.4
16.6
14.5
14.2

21.7$
22.0
23.9
35.1
24.9
26.4
28.5
25.5

16.9$
8.7$
15.2
7.9
16.2
8.5
21.6
7.9
20.3
9.6
20.2
10.1
8.2
26.6
7.7
25.5

4,6$
8.0
8.7
7.1
8.3
7.5
3.4
3.8

100.0

16.5

24.4

19.0

7.3

(1) Weighted a v e r a g e .




9.1

14,9

8.7

'iz

«-Mrc

Table IV-a - Number of National Banks by Geographic Divisions, by Size of Town
and by Hate of Profit on Invested Capital
1S26
i
1
Populat ion
o f town

Total

Number o,? b a n k s
1 Showing a
!
! net loss or !
Snowing n e t
1 no p r o f i t
I
available for
1 6% j 0 . 0 $ j L e s s 1 5%
1 to
than
to
to
or
1 more ! 5 . 9 $ 1 3$ | 5 . 9 $
8.9$

1 W 1 %

1
L e s s t h a n 500
500 - 1,000
1,000 - 2 , 5 0 0
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000
100,000 and over
All

groups

profits
dividends

United
655
1,155
1,965
1,231
885
1,128
229
468

I

1

7,716

i

70
113
163
65
37
36
3

j
1

1
I

1

I

94
132
201

80 1
49
45
15

5 i _J11
492 j

|

637

81 |
139
194
128 1
89
77
11
51
770

! 12$
and
to
11.9% o v e r

States
112 1
189
339
184 1
188
215
37
79

136 1
238 |
439

287
193
303 1
58 1
151

1,343 ! 1 , 7 8 5

74
160
323
235
160

260
54
101

88
184
306
252
169
192
51
74

1,373

1,316

4
11
12
10
38
4
_5

2
13
12
8
19
1
_1

84 :

56

27
53 j
99 |
60 1

43
86
116
108
88
67
16
50

New E n g l a n d S t a t e s
L e s s t h a n 500
500 - 1,000
1,000 - 2,500
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000
100,000 and over
All

groups

17
62
44
64
132
21
49
389

-.- I
1 j
1 1
__
-—

1 —
6
1 1

—_

1
4
1
_3

4
11
3
19
25
3

1 _§.

11

5
24
13
26
40
11
13

2

12

17

86

132

2
1
1

—
1
2

Middle A t l a n t i c
L e s s t h a n 500
I
500 - 1,000
1,000 - 2,500
I
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000
100,000 and over
All

groups

120
242
395
312
198 j
282
66 1
158
1,773

3
5
3
2
__
6
1
_2

4
3
14
8
3
3
3
_Z

5
13
12
12
5
14
2

2£

22

40

76

8
27
51
25
20
41
7
21 |
200 !

North Central
L e s s t h a n 500
500 - 1,000
1,000 - 2,500
2,500 - 5,000
5,000 - 10,000 !
10,000 - 50,000 |
5 0 , 0 0 0 - 100,0001
100,000 and over
All




groups

89
186
300
189
209
233
50
_85_

3
7
18
4
4
8
1
_1_

1,341 1

46

j
j
I
1
j

4
15
25
7
6
5
1
—

64 1

5
19
22 j
10
23
10
1 |
10
100

States
30
55
100
77
32
68
21

Jsl
431

50 1
83 1
16
42 ,
450

554

States
28
35
62
39
48
50
8
7

33
64
89
56
57
81
7
54

277

421

13
31
51
38
49
50
16 |
18 1
266

3
15
33
35
22
29
16
14
167

—UirTable IV-a - Number of National Banks "by Geographic Divisions, by Size of Town
and by Rate of Profits on Invested Capital
1925 (Continued)

Population
of town

Total

Humber of banks
Showing a
Showing n e t p r o f i t s
net loss or
a v a i l a b l e for dividends
no p r o f i t
Less
6$
0.0$
6$
12$
3$
and
or
than
to
to
to
to
5.9$
more
5.9$
11.9$ over
8.9$
Southern Mountain S t a t e s

Less than 500
500 - 1,000
1,000 - 2,500
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000
100,000 and over

49
67
149
116
53
57
18
17

1

14
20
51
50
14
23
7
5

6
12
26
18
12
9
2
_J5

4
7
9
11
5
4
4
_3

50

123

184

88

47

1
10
26
20
12
22
3
_J5

2
1
18
19
7
23
8

0
5
14
8
12
15
5
_1

4
7
18
11
2
5

_2
26

5
1

1

526

A l l groups

_J3

14
16
36
20
19
12
5
1

6
5
4
5
1
3

8
Southeastern States
Less t h a n 500
500 - 1,000
1,000 - 2,500
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000
100,000 and over

8
29
111
88
64
101
23
6
430

A l l groups

1
5
3
1
4

14

1
4
11
5
6
5
4
_1

2
2
7
12
6
9
2

37

40

2
6
30
21
20
23
1
103

_2

97

79

60

18
26
50
28
13
20
1
8

8
24
44
21
9
17
6
15

20
35
60
34
11
22
3
11

164

144

196

Southwestern S t a t e s
Less t h a n 500
500 - 1,000
1,000 - 2,500
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000
100,000 and over

98
209
357
179
96
97
11
47_

A l l groups

1,094

117

17
33
47
22
15
11

8
31
43
29
17
10

3

8
30
48
17
13
1

5

19
30
65
28
18
16
1
5

148

143

182

Western Grain S t a t e s
Less than 500
500 - 1,000
1,000 - 2,500
1
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000
100,000 and over
A l l groups




205
303
386
170
105
114
27
48_

! 1,358

39
53
56
25
8
9
1
2 |
193

43
55
80
18
11
8
3
1
219

j

!

38
47
64
33
21
14
4
4

34
58
55
30
24
28
10
15

26
45
61
25
19
24
5
12

12
22
46
24
14
20
1
10

13
23
24
15
8
11
3
4

225

254 |

217

149

101

Table IV-a - Number of N a t i o n a l Banks _by G so g r a p h i c D i v i s i o n s , by S i z e of Town
and by Rate of P r o f i t on I n v e s t e d C a p i t a l
1926

Population
of town

Total

(Continued)

Number of hanks
Showing a
Showing n e t p r o f i t s
net loss or
a v a i l a b l e f o r dividenc-S
no p r o f i t
0.0%
Less 1 3%
12$
656
6%
to
than
to
and
to
or
to
3% I 5.9f0
11.9% over
5.9$
more
6.9$
Rocky Mountain S t a t e s

Less than 500
500 - 1,000
1,000 - 2,500
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000
100,000 and over
A l l groups

1

55
55
96
57 '
41
48

7
11
17
6
5
6

14
9
8
8
3
5

15
9
12
12
10
7

1
10
17
5
8
7

11
6
17
6
8
9

5
5
13
9
1
5

2
5
12
11
6
9

10

—

—

2

2

2

4

—

362

52

47

67

50

59

42

45

P a c i f i c Coast S t a t e s
Less than 500
500 - 1,000
1,000 - 2,500
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000
100,000 and over
A l l groiips




31
47
109
76
55
64
13
48

9
6
10
6
6
1
—
—

5
8
11
5
3
1
3
8

4
9
15
8
5
2
1
8

6
3
12
13
12
13
2
7

3
7
21
12
12
16
3
6

1
8
15
14
8
15
1
9

3
6
25
18
9
16
3
10

443

38

44

52

68

80

71

90

113 ••
Table IV-b - Number of National Banks by Geographic Divisions, by Size of Town
and. by Rate of Profit on Invested Capital
1927
r
Numb OJ of banks

•

Population
of
town

Showing a
net loss or
no profit

Total

Showing not profits
available for dividends

&fo~~\ oToy 0 ' Less
or
to
more 1 5.9$

than

3% 1 6$
to j to
5.9$ j 8.9$

9$ I 12$

to i and
11 • 9/o •over

United States
Less than 500
500 - 1,000
1,000 - 2,500
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000
100,000 and over

631
1,130
1,927
1,251
365
1,101
232
461

56
101
152
66
47
30
7

73
122
189
83
53
62
11

80
132
201
123
77
96
18

JL5

JJ_

J±

7,578

472

S15

772

All groups
r

B ,rr„

i

.
1

1. .

.« „.

118
118 j
162
249
338
414
130
317 I
156
205
218
292
46 1 61
__104 { 151
1,332 j1,787

95
172
330
223
156
219
47

!
!
j
j
j
1

SJ3

1,325

;

85
192
303
239
161
134
42
68

1,275

1

. „-.< .
,

New Hhigland States
Less than 500
500 - 1,000
1,000 - 2,500
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000
100,000 and over
All groups

Less than 500
500 - 1,000
1,000 - 2,500
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000
100,000 and over
All groups
Less than 500
500 - 1,000
1,000 - 2,500
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000
100,000 and over
All groups




17
61
46
65
128
20
48
385

_—
-—
2

1
1
—
—
3
1
1

——
2
3
1
2
2
6

2

7

16

121
254
401
318
204
274
67
_161

2
1
11
5
2
4
——
_1

1,800

26

88
177
501
196
202
226
52
76
1,318

5
14
25
5
10
6
2
67

|

""

4 |
20
6
12 1
22' 1
4 i

JA

10 1
16
7
21 '
45

7
„15

!

2
11

14 ,
16 |
30 |
3
__8

—
11
16
15
26
3
2

121

84

73

Hiddie Atlantic States
3
2 1 " 14
34
9
30
58
6
13
25
44 j 98
7
9
28 | 94
2
9
22
46
8
17
41
70
4
15
19
2
13
5
49
_4J
I ——•
88
235 i 468
51

33
75
105
81
49
72
16
24

33
75
100
94
74
62
11

455

477

82

North Central States
9 , 11
25
22 i 18
31
32 1 26
63
10 •• 1 9
38
13 i 20
51
13 ! 16
44
1 !
1
7
2
12 j
i __1
102

i us

24
52
70
59
49
70
15
31

271 ! 370

1
!
1
j
j

i8.

13 {
26
56
38
38
45 '
j
11

! J±

l
14
29
27
21
34
15

j JL0

i
,

O r? C\

j 151

-*-44^—
Table IV-b - Number of National Banks by Geographic Divisions, by Size of Tovm
and by Rate of Profit on Invested Capital
1927 (Continued)
i
Population
cf •
tovm

Number of banks
I Show. uig a ;
net 1<•>s& o r |

Showing net -profits
available for dividends

rofit j
no p:
0.0% | Less
i
or
to j than
!
C Qo/ 1
'£C;'
more
. . .i
.

Total

W° 1
I

12%
C i
and
to j
over
11.9^|

G'/o

y

to
8.9J5

to
5.9^

Southern Mountain States
Less than 500
500 - 1,000
1,000 - 2,500
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000
100,000 and over
All groups

49
66
144
117

55
56
13
15
520

1
1
5
4

i

—
X)

—
*

14

4 |
4 i
6 I
8 j
1. !
3 j
- |
1 |

8 1
11 j
14 j
14 j
3
5
2
2

27 '

59

14

10
11
OO

24 1
44 1

19
19
18
5
4

43
18
18
7
4

119

172

6
6
24
19 1

12 1
7
3 !
2 !

79

6
9
18
10
2
2
1
2
50

J

Southeastern States
Loss than 500
500 - 1,000
1,000 - 2,500
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000
100,000 and over
All groups

Less than 500
500 - 1,000
1,000 - 2,500
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000
100,000 and over
All groups

Less than 500
500 - 1,000
1,000 - 2,500
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000
100,000 and over
All groups




7
28
104
86
61
97
25
6

2
1
4
7
5
2
1
—

414

—
3
6
8
3
6
4
-

i
1
!
3
j 13
j 10
|
6
! 10
|
2
! __!

5
22
44
11
10
3

21
35
18
13
6

—

—

1

2

1,066
.
,

96

101

194
291
368
163
104
115
27

34
53
44
23
14
8
1
5

1,313

„

—

2
10
26
27
12
28
7

2
13
11
13
17
6

5
14
6
6
7
3

2

__A

65

42

16
32
66
39
14

17
27
46
23
14

26
45
70
41
13

20 1
2 i
7 '
1

21
3

1

—

30 j
47
95
113
• .
Southwostern States

95
199
351
177
94
93
11
46

51_

1
4
28
17
16
27
2

6

j

10

22
33
19
9
9
1 1
3 1

15
30
57
26
18
14 1
10

12

196 1 163

106 i 170

|

1

20

^

11

1 234

Western Grain States

I 182

41
51
66
24
11
11
2

|
1
i
j
j
;

32 |
43
66 |
34 1
19
23 1
5 i

2 | _J3
208

i 230

38

1

40
6o
25 j

16 !

24

ii

j -11
|

235

i

20 1

48
60

24
27

23
2
14
218

1

17

22
44
17
5
11
fT

0

12
29
22
16
12
15
3

8
127

113

1

A

r*

Table IV-b - Number of National Banks by Geographic Divisions, by Size of TOTWI
and by Rata of Profit on Invested Capital
1927 (Continued)

Population
of
town

Total

Number of banks
SEow Ung""a""
Sho¥/ing net profits
;
net 1 ass or
<
available for dividend s
no p-rofit
Less ! Z%
0.0^
12$
6%
9%
6%
than j to
to
and
or
to
to
8.9$
more
11,9$ over
Roclcj Mountain Stat
j

Loss than 500
500 - 1,000
1,000 - 2,500
2,500 - 5,000
5,000 ~ 10,000
10,000 - 50,000
50,000 *: 100,000
•
100,000 and over

47
53
98
55
37
47

D

2
3

__11
548

„•-,

13
7
12
5
7
6

~ • 9 -r12
12
6
6
9

7
6
13
8
5
10

6
9
19
11
8
7

6
3
14
8
3
3

o
12
18
11
6
9

•—
*

3
4
10

,

All groups

OS

2

2

3

2

2

58

51

65

39

61

2
9
17

2
11

5
3
21
18
9
9
1
8

74

74

-

28

50

Pacii?ic Coast States
Loss than 500
500 - 1,000
1,000 - 2,500
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000
100,000 and over
All groups




30
45
99
73
43
65
12
47
414

4
5
9
5
-<!•

2
7
13
3
3

1
3
4

1
4

7
9
10
9
4
5
1
7

35

59

52

0

8
6
14
13
7
18
2
6

2
6
15
15 1
10
11 1
2
7

74

ee

1

12

6
15

—«^/<r~
Table IV-c - Number of N a t i o n a l Banks b;;r Geographic D i v i s i o n s , by S i z e of Tovm
and by Rate of P r o f i t s on I n v e s t e d C a p i t a l
1928
!
Population
of town

i
t
i
I Total
i

Humher of banks
Showing a
Showing n e t p r o f i t s
net loss or
a v a i l a b l e for d i v i d e n d s
no p r o f i t
Less
0.0$
6$
9$
3%
6%
12?5
to
to
than
to
or
to
and
11.9$ . o v e r
5.9$
5.9$
more
8.9$
3$
United S t a t e s

Less t h a n 500
643
500 - 1,000
1,126
1,000 - 2,500
1,901
2,500 - 5,000
1,218
5,000 - 10,000
830
10,000 - 50,000 1 1,081
50,000 - 100,000
218
100,000 and over
475
A l l groups

7,492

50
89
126
62
32
31
6
12

74
111
163
86
55
54
8
18

70
107
197
108
68
88
18
52

114
193
304
184
159
175
27
91

137
262
454
315
237
306
78
134

107
177
310
225
148
245
50
88

408

569

708

1,247

1,923

1,350

7
15
17
26
42
13

3
11
8
8
23
1
_5
59

91
187
347
238
131
182
31
80
1,287

New England S t a t e s
Less t h a n 500
500 - 1,000
1,000 - 2,500
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000
100,000 and over
A l l groups

****>
17
60
47
62
127
19 '
47

-~
_1

1
—
2
3
1
_1

3
1
4
6
2
_5_

6
16
11
10
21
—
12

JL7

1
13
10
12
32
2
_6

2

8

21

76

137

76

1
—
-i

379

—

Less t h a n 500
500 - 1,000
1,000 - 2,500
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000 1
50,000 - 100,000}
100,000 and overj
A l l groups

140
271
404
316
176
277
57
167

6
__
_4

1,808

32

1
7
7
7
™

i

Middle A t l a n t i c S t a t e s
4
7
20
37
44
78
10
14
14
17
135
43
9
19
39
86
3
9
22
42
7
16
31
81
1
4
11
21
5
24
_S8
_45
53

110

248

525

45
63
99
89
52
84
17
36

26
55
89
67
48
52
3
15

485

355

10

4
15
35
33
14
19
13
14

Worth C e n t r a l S t a t e s
Less t h a n 500
500 - 1,000
1,000 - 2,500
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000
100,000 and over
A l l groups




87 |
175 j
296
194
201
219
52

25
46
64
36
60
44
6

20
51 1
72
48
62 1
65 1
14 |

_Z£

3
9
18
4
9
6
-_3_

14
18
23
11
12
10
1
3

11
17
38
17
14
19
1
_ _6

JL5

J® 1 -11

1,300

52

92

123

296

352 j

19

46
45
30
56
17
238

147

•—14 7 "
Table rv-c - Number of national Banks b y Geographic Divisions, by Size of Town
;
and by Hate of Profit on Invested Capital
1923 (Continued)
Number of banks
j Showing a Number of banks
|
net loss or |
l o w i n g net pr o f i t s
! no p r o f i t
j
a v a i l a b l e for d.ividend s
1 0.0$ ! Less
3$
9$
'12$
j to j than
to
to
and
5 • 9% 8.9$
11.9$ > over
i more ! 5.9$ I 3$

|i
!
i
|
j Total

Population
of town

14

i
Less than 500
500 - 1,000
1,000 - 2,500
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000
100,000 and over
A l l groups

1

1

67

I
!
j

i

3 1

1
1

4

9
7
7

!
1

142 1
114
55
57
16
14 1

i

515

15 |

7
27
107
83
60
96
25
6

1
1
10
6
4
3
2
I I rr.
TI

411

4 1

1
1

1
1 1
2
1 j
.

1

1

3 1

3

!

—
——•-

5

7
21

6

2
4

2
—

9
16
31
22
14
13
3

J
L

21
21
36
45
29
19
6
™§

33 1 48
109
185
!
Southeastern States

4
7
31
20
4
13
3

JL

4
4
12
13
2
3
1
_3

83

42

2
6
35
25
17
36
13
2

1
6
9
12
11
14
2

__.
1
13
4
8
7
—.

,

4
7
16
6
9
3
1

1
8
25
10
9
20
1
_1

JL

JL

27

36 |

47

75

136

56

34

90
195
341
177
91
94
11 |
46

9
16
32
14
7
5

Southwestern
4
6
18
20
33
35
17
16
7
9
7
11 |
-- j
1
3 i

12
44
61
32
20
18
3
8

11
30
45
18
8
12
1
10

33
54
85
57
22
28
5
19

i 1,045 !

84

Less than 500
500 - 1,000
1,000 - 2,500
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000
100,000 and over
A l l groups

Less than 500
500 - 1,000
1,000 - 2,500
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000 |
100,000 and over
A l l groups

1

50

Southern Mountain S t a t e s

3

•

••

,

,

!

i

i

1
|
1

i

8 j
10
5 !

1

7

1

1

1

4

91 -

1

96- j

States
15
13
50
23
18
13
2
'4

138 • j 1-98- •

!

135

303

'

Western Grain S t a t e s
Less than 500
500 - 1,000
J
1,000 - 2,500
!
2,500 - 5,000
!
5,000 - 10,000 j
10,000 - 50,000
50,000 - 100,000)
100,000 and over
. A l l groups




191 1
286
357
162
104
109
26
60_
1,295 j

26
47 j
33 1
20
7
3
2
—
138

35 j
46
57
20 j
16

81

— 1
3 I
185 !
L

25
40
59
16
16
13
4
6

33
42
46
25
16
24
4
12

31
42
70
35
19
24
6
22

179

202

249

T_

25
32
41 !
16 \
15
21
5
7
162

16
37
51
30
15
16
5
10
180

-±••±0

—

Table IV-o - N-umber of National Banks "by Geographic Divisions, by Size of Town
and by Rate of P r o f i t on Invested Capital
1923 (Continued)
1
I
Population
of town

Total

Number of banks
Showing a
Showing n e t p r o f i t s
net loss or
a v a i l a b l e for dividends
no -profit
6$
0.0$
9$
12$
Less
3$
6$
and
to
to
or
to
than
to
8.9$
5.9fo
more
11.9$ over
3$
5.9$
Roclcy Mountain S t a t e s

;
Less t h a n 500
500 - 1,000
1
1,000 - 2,500
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000
100,000 and over

47
48
91
56
36
44

5
3
9
6
1
5

6
4
9
3
6
5

7
4
6
7
2
2

8
11
12
6
5
3

8
6
10
14
8
8

8
8
14
8
6
7

5
12
31
12
8
14

_JL2

—

—

1

2

3

6

—

A l l groups

334

29 J 33

29

47

57

57

82

6
7
20
13
14
13
2
9

3
11
12
7
10
6
3
6

3
6
20
14
6
20
3
13

84

58

85

P a c i f i c Coast S t a t e s
Less than 500
500 - 1,000
1,000 - 2,500
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000
100,000 and over
A l l groups




2
3
12
4
3
1 '
1
3

405

29
:

6
3
9
9
1
4
1
5

|

38

31
40
103
69
45
53
12
47

8
3
13
10
6
8
2
5

3
7
17
12
5
6
__
6

J

55 |

56

i

!

|

!

Table IV-d - Number of National Banks by Geographic Divisions, by Size of Town
and by Rate of Profit on Invested Capital
1929

i
Population
of
town

Loss than 500
500 - 1,000
1,000 - 2,500
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000
100,000 and over
All groups

Numbor of banks

r T " • —- i — -i

j Total

| Showing a
not loss or
no profit
' >V/*"' "
i
0.0%
or
to
! 5.9>o
more !

1 -.»-.,.,,.,.,1 619
1,099

J 1,862
| 1,188
813
j 1,047
j 212
436
7,276

Showing net j )rofits
available for lividencIs
c
Loss j 3 % j 6%
than 1 to 1 to
o%

j 5,9% | 8.9$

12^~
to
and
11.9$ over

United States
38~~|
75
115 j
57 1
38 |
31 1
'±

_I£ i
371

73
111
203
137
75
109
21
__52

132
209
339
215
160
187
44
74

116
241
429
310
222
300
66
98

621

j

85
116
187
85
57
55
10
26

781 ;1,360

1,782

74
179
327
210
127
146
27
72
_

101
168
262
174
134
219
40

- l°i
1,199

1,162

How l&igland States
Loss than 500
500 - 1,000
1,000 - 2,500
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000
100,000 and over
All groups

Loss than 500
500 - 1,000
1,000 - 2,500
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000
100,000 and over
All groups

1
17 1
63
46
61
126
19
44

i !




A

2
1
2
3
1
1
1

i
5
o
5
9
2
5

22
12
18
30
7
10_

19
19
19
41
7
_14

377
11
.n - .

11

30

107

123

56

39

Hiddl o Atlantic States
39 j
46
9
11
17
26
86
55
22
47
88 | 128
12
29
70
100
7
35
62
11
26
42 !
92
I
5
2
6
15 1
24
12
21
52 j
31

20
54
70
57
44
70
7
40

10
26
39
43
17
30
4
12

362

181

141
269
406
316
179
267
58
151
1,787

6
12
5
5
2

36 i

Loss than 500
82 "
5
500 - 1,000
15
175
1,000 - 2,500
24
290
2,500 - 5,000 J • 190
6
9
5,000 - 10,000 j
197
10,000 - 50,000
8
220
50,000 - 100,000 1
49
1
100,000 and over
76
,T All groups

-

n

—
1
—
4
2
—
4

1,279

86

l

177

376 j 569

2
5
7
5
28
2

—I

llort i Contrcil States
14
' ' 10
I
'
27 j
18
;
22
51 !
1 36
37
54
1 20
23 I 28
21
53 j
13
1 14
26
44 j
4
1
31
9
7
11

10
38
79
60
53
67
11
19

12
18
36
28
28
39
19
13

152

337

193

68 j 123

271
i.

.
.

... m

m

i, I

1
10
3
7
15
—
3

1

4
13
24
25
20
22
10

_1
1
136

Table IV-d - Number of National Banks by Geographic Divisions, by Size of icwn
and by Hate of 'Profit on Invested Capital
19 29 ( C o n t i n u e d )
Number of b a n k s
i-'opulation
of
town

Total

Showing a
n e t l o s s or
no p r o f i t
j
6%
0.0%
or
to
no r e
o • 9/o

Showing n e t p r o f i t s
a v a i l a b l e f o r d i v i d e n c Is
3%j
6% !
~T2j£
to
j to
j to
and
11.9%l o v e r
5.9% 1 8.9%

Less
than

Southern iiountain

States

1

L e s s t h a n 500
500 - 1 , 0 0 0
1,000 - 2,500
2,500 - 5,000
5 , 0 0 0 - -10,000
10,000 - 50,000
50,000 - 100,000
1 0 0 , 0 0 0 and o v e r

47
G7
141
114
54
57
14
11

2
G
4 '
o
1
4
—
1

1
1
—

10
10
8
9
—
1

21

|
|
|

9

32 j

50

5
7
11
4
0

18
19

10 1
!

18 j
38
39
21
14 !

43 1
25
12
15
5
1

!

!

G

!

2 j
11
23
22
4
9
1
4_

1
3
12
11
5
5
1
2

!

- * !

groups

505

]

j

Southeastern
L e s s t h a n 500
500 - 1,000
1,000 - 2,500
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000 '
1 0 0 , 0 0 0 and o v e r
All

groups

_

All

groups

148

— ~
1
7
8
2
6
1
—

4
2
11
11
5
8
2
—

377

25

43

_.
17
27
11
6
2
—
~

Southwestern
_~^
15 !
14
36 j
26
17 j
18
6
12
3 1
4
—
1
2
—

States

64

87

122

85
185
327
170
88
89
11
40
995

!

!
!
!
|
j
1
|

-—
4
27
14
14
18
6
l l

1
4
13
15
7
13
4
I
58

j

|

79

i

j

11
21
39
22
12
12
1
4

All




groups

181
276
541
159
98
107
25
57_
1,244

18~
[
!
1
i

26
29
16
11

4
1
3

1 103
j

I
j
1
j

1

1
11
19
19
11
27
9
1
98

84

i

40

—
_8
3
7

1
2
16
5
11
8
3

0

—

JL
48

21

_
16
26
53
31
16
18
7

31
45
28
16
26
3
11

1 169

177

|

1

'Western G r a i n
L e s s t h a n 500
500 - 1,000
1,000 - 2,500
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000
1 0 0 , 0 0 0 and o v e r

i

States

—_
24
101
75
57
83
25
5

.
L e s s t h a n 500
500 - 1 , 0 0 0
1,000 - 2,500
2,500 - 5,000
i
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000
100,000 and over

138

76
.

All

27
43
45
26

|

297

States

33
40
49
13
11
15
2

2

28~
61
101
43
20
24
4
_16

i
i
|
j
j
|
|

24
40
45
24
3
11
2

2 j

6

16
4
9

1
i 155

j 179

165

j

|
|
|

1
1

9

i

21
43
56
25
23
22
7
15

! 212
j

1 35~~|
29
39
15
14
19
4
10
165

23~
55
78
40
27
20
5
12
260

.A?*-

Table IV-d - Number of National Banks by Geographic Divisions, by Size of Tovm
and by Rate of Profit on Invested Capital
1929 (Continued)
Number of banks
Wumber
Population
of
town

Showing a
net loss or
no profit
0.0$
6$
to
or
more
5.9$

Total

i

•

,.-

.

- 1 i

r

i

Showing net -profits
available for iividenc18
Less
than

6$
to
8.9$

to
5.9$

O/o

9$
12$
and
to
11.9$ over

i

Rocky Ilountain Stat es

Less than 500
500 - 1,000
1,000 - 2,500
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000
100,000 and over

45
46
88
54
35
42

4
2
5
3
2
2

12

5
1
9
8
4
S

2
.

t

,•

6
6
8
3
5

6
7
12
8
8
6

11
10
14
4
3
10

4
13
32
18
11
11

1

10
7
10
5
4
2

2

5

2

5 !

•

•

_

All groups

322

18

40

33
„

,

-

•

34

49

57

91

3

4
7
23
24

i

Pacific Coast States

Less than 500
500 - 1,000
1,000 - 2,500
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000
100,000 and over
All groups




30
40
105
64
44
56
11
40

2
3
6
5
—

390

20

1
1
2

4
4
11 ;
1
5 !
6 1
1
2
34

7

4 1
3 1
15 1
10
4
5
3
5 1

8 ! 1 1
25 1 14
9
8
9
9
'
13
10
—
1
9
7

47

49 |

77 |

7
4
11

7
4

5

2

1

6

;

65 i

is

16
5
8
98

—a*g~Table IV-e - Number of National Banks by Geographic Divisions, by Size of Town
and by Rate of ?rofit on Invested Capital
1950

I

Number of banks
Showing a 1
Showing net p rofits
net loss or 1
s
available for d ividendI
nd"profit5 j
'
' 6% ' j0.0$ | Less ! Z% j 6$ | 9$ 1 12$
or
to j than
and
to 1 to
to
more : 5.9%' ! 3' j 5.9$ | 8.9$
/o
11.9$| over

1
1

Population
of

j
Total
1
i

town

!
.

i

.

i

United States
j
Less than 500
500 - 1,000
j
1,000 - 2,500
i
2,500 - 5,000
i
5,000 - 10,000 i
10,000 - 50,000
50,000 - 100,000
100,000 and over

540 .
989 '
1,703
1,111 1
881
1,078
207
_443
6,952

All groups

51 j • 112
124
167
16G
267 1
95
144
83
115
74
132
9
50 |
33
70
1,037

635

97 1
173
294
186
127
179
30
63 1

1,149

91
150
276
241
179
218
55

117 j
218 j
407 1
279
219
285

59 1

!
j

1JLJ5 j

113
1,697

i
|
!

1,323
9

]

47 |
78
144
88
85
109
17

25
79
149
78
73
81
7

34 1 _21
509

602
i

New England States
Less than 500
500 - 1,000
1,000 - 2,500
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000
100,000 and over

1
16
59
52

|
|
|
j

—
2
13
5
10
19
2
4

1
1
4
9
12
28
7
7

12
20
13
18
44
5
14

1
10
14
10
18
4
__12

27

55

69

126

!

42 1
!
374 !

-3 '
3 '
3
8
—
1

—

69

18

10

Liidd] Atlantic States
.e
13
30 I
25 1 .34
31
42
39
51
50
63
36
58 !
74 ! 100
71
54 j 99
25 1
35
66
20 j
20
27
52
54
23 1
32 1 49
68 j 67
2 |
14 !
11
19
21
17 !
37
32
31 j 20

58 1
127 ;
19 !

All groups

i

—
—
6
7 '
2
7
1
4

9
23
28
19
19
15
—
11

1
•
4
9

3
1
3
3
—
—

i

Less than 500
500 - 1,000
1,000 - 2,500
2,500 - 5,000
1
5,000 - 10,000
1
10,000 - 50,000 1
50,000 - 100,000
100,000 and over
All groups

143
272
376
305

194
262
67
149

1,768

178

259 |

311

392

j 47 2

[

1 7
2

j

8
—
1

| 124 j

32

j

__

i

Nortll Central States
Less than 500
500 - 1,000
1,000 - 2,500
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000
100,000 and over
All groups




76
9 !
154
17 1
261 1 29 1
172 j 1 9 |
202 1 19
222 i 14 1
41
3 1
82_
4 I

is

i
28 !
41
24 |
31 j
31 j
$ !

_ii
1

114 1 193

!1,210
i

16
33
52
26
30
37
4

1 11

J£ 1 _1?
208

J

23
48
68
42
61
64

343

8
20
45
44
32
45
10
1S_
| 222

4
7
18
11
22
19
4

8
6

1 12
7

1
I

3

1 __i

—

1 93

37

Am.

...,,•».. .. ! — -

.

Table IV-o - Number of National Banks by Geographic Divisions, by Size of Tovm
and by Rate of Profit on Invested Capital

Population
of
tovm

L e s s t h a n 500
500 - 1,000
1,000 - 2 , 5 0 0
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000
100,000 and over
All

groups

1930 (Cont i n u e d )
llumber of ban!les
„
,
...
Showing a ' !
S h
net l o s s or j
f ' i n g n/b P r o f ^ t s
no p r o f i t
j
a v a i l a b l e f o r d i v i d e n cIs
0.0%
to
5.9%

Total
or
more

40
57
133
95
72
61
9
_13

1 j
4
14
4
1
3
—
1

480

28

All

groups

5
16
70
69
59
86
22
12

1
—
9
5
7
7
3
1

339

—5?

All

groups

51
n

j

63

Southeastern
1
2
4
4
7
15
22
15
9
9
1.0
19
3
3
3
4
52

64
133
296
157
110
95
18
35

4
25
28
15
15
3
—
—

14
25
55
20
15
13
1
3

908
.... -- \

90

146

All




groups

156
245
339
143
108
116
20
59 '
1,186

11
1
— ;

1
3
3
3
o
—
—
2

132 j

47

18

—
4
13
8
12
12
5
2

—
1
1
4
6
1
—

—
3
2
—

13
56
. ... . _ . ..

141

5 j
5 I
13
9

8

rr

1

0

.4, ^ „„.„..,„...

!

78

j

12
21
55
25
17
11
1
3

States
1
4
22
16
18
29
7
2
99

10

7
15
35
30
17
14
5
9

174

1

145

O

-—

States

132

18
20
57
31
17
16

Western Grain
L e s s t h a n 500
500 - 1 , 0 0 0
1,000 - 2 , 5 0 0
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000
100,000 and over

6% 1 9%\ ~12?f~
and
to
to
B.9% j 1 1 . 9 $ o v e r

to
5.9J5

Southwestern
L e s s t h a n 500
500 - 1 , 0 0 0
1,000 - 2 , 5 0 0
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000
100,000 and over

7

O/o

S o u t h e r n M o u n t a i n Sis a t e s
7 !
10 |
8
8 j
8
8
17
12
15
13
43
32
9 .
13
29
28
.5
10
18
29
6
6
14
21
—
1
4
3
—
3
2
5

„,.

L e s s t h a n 500
500 - 1 , 0 0 0
1,000 - 2 , 5 0 0
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000
100,000 and over

j Less
j than
| Z%

5

4
10
24
16
14
19
6
4
1

|
j
I

5
17
42
20
15
19
—
6

97

124

17
21
41

13
42
50
9
24
19
3
5

States

19
27
29
12
10
6
—
2

31
48
55
25
13
11
2
6

22
38
57
23
14
21
2
8

28
35
1 60
31
22
24

105

191

185

222

!

5

1 17
j

26
34
!

4 7

27
15
| 22
5
1S

i

192

1 16
10

13
3
5
126

j

165

Table IV-e ~ number of National Banks by Geographic divisions, by Size of Town
and by Bate of Profit on Invested Capital
1930 (Continued)

Population
of town

Total

Less tlian 500
500 - 1,000
1,000 - 2,500
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000
100,000 and over

31
47
83
47
42
43
2
12

A l l groups

307

ITi-imber of banks
1
j Showing a
Showing n e t p r o f i t s
j net l o s s or
a v a i l a b l e for dividends
j no p r o f i t
9$
Less
6$
0.0$
6$
3$
1$
to
than
and
1 or
to
to
to
11.9$ over
5.9$
5.9$
! more
3$
9 «9/B

1
!
'

2
4
2
3
4
3

18

Rockjr Mountain S t a t e s
4
6
11
2
7
6
7 !
9
10
11
15
16
9
4
4
5
6
6
9
4
10
6
6
1
2
1
6
3
1
48

37

49

5
6
9
7
5
8

1
8
20
15
8
9

1

53

41

61

P a c i f i c Coast S t c t e s
Less t h a n 500
500 - 1,000
j
1,000 - 2,500
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000 1
100,000 and over

24
49
86 ,
71
36 j
66
9
39

A l l groups

380 1




j

4

2
6
12
7
6
4
1
4

5
10
9
9
4
7
2
7

3
10
21
14
4
13
2
4

5
8
13
15
4
16
1
13

3
6
7
6
5
10
2
4

4
4
11
15
8
8
1
3

42

42

53

71

75

43

54

2
5
13 j
5
5 j
8

Table V - Percentage Distribution of State Banks in Iowa by Size Groupe
According to Eate of Profit on Invested Capital, 1923-1930
(Weighted Average)

Size groups
l o a n s and investments

Total

Showing a . i •
Showirtg n e t p r o f i t s
n e t l o s s or !
a v a i l a b l e f o r dividends
no p r o f i t s
.„, . , . „
D/o
0.1555 . Less
6$
3$
9%
12$
to
to
or
to
and
than
to
8.9$
more
1 1 . 9 $ over
3$
5,9$
5.955

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 and over

100.0$
100.0
100.0
100.0
100.0
100.0
100.0

19.0$
14.3
10.4
7.5
6.2
7.9
3.1

100.0

12.5

All groups




r

1
1.

23.1$
19.8
18.5
12.7
12.0
10.6
10.0

1

, • .«•

16.7$
16.9
17.9
20.2
17.8
18.5
25.0

13.1$
12.5
16.1
18.6
19.4
19.8
23.8

18.3
1

20.3$
18.8
16.1
16.1
16.9
17.6
10.0
17.6

17.9

15.4

4.4$
10.4
9.5
12.0
10.7
14.1
9.4
9.1
!

3.4$
7.3
11.3
12.9
16.9
11.5
18.8
9.2

- 107 *
Tablo VI - Number of Iovra S t a t e Banks by Size Groups and by Rate of
on I n v e s t e d C a p i t a l , 1928-1930
Number of b a n ks
Showing a i
Showin g n e t
net l o s s or
a v a i l a-bl e f o r
nc p r o f i t ]
fie/
0 . 0 % j L e s s 1 3%
•~6?r
or
to 1 than
to
j to
more
3$ J 5.9$
5.9$ '
8.9$

» „,.,,,

Size groups
l o a n s and i n v e s t m e n t s

Total

-

- - / . J

Profit

profits
d i v i d e n dIs
9%
to
and
|
11.9$! over
|

j

1926
Under $ 1 5 0 , 0 0 0
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
5 0 , 0 0 0 , 0 0 0 and o v e r
All

groups

259
2G5
315
119
43
50
25
3
2

1,031

61
49
53
14
4
3
—
—

65
48
49
12
1

4

1
—
—

179

43
49
56
21
9
9
4
1

28 I

12
23
27
10
4
7
4
1

—

201

161

89

53
60
41
17
12
7
4
—

36
43
60
19
4
12
6
—
—

26
22
44
22
6
9
8
4
1

4
18
22
9
6
6
2
—
—

194

189

44
50
55
25
9
13
4
—
1

130

142

67

1

j

26

1

1

13

""""

1 -•-

29
35
44
13
10
11
3
2
1

12
26

•—

44
34
44
17
12
6
7
2

192

37

45 I
27

j

7
12
4

11

11

6
9
25
10
6
5
9
—
--

70

1927
Under $ 1 5 0 , 0 0 0
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
5 0 , 0 0 0 , 0 0 0 and o v e r
All

groups

239
276
298
104
41
48
27
5
2

53
51
41
9
1
8'
1
—

62
64
71
19
n
i

4
2
j

1

164

1,040

—

230

rr"" ~"———-•

5
18
19
9
5
2
4
1
—

63

1928
Under $ 1 5 0 , 0 0 0
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
5 0 , 0 0 0 , 0 0 0 and o v e r

223
255
298
97
47
47
25
5
2
• ,

All

groups




„L

999

,

46
38
18
9
1
i"7

o
2
—
—

41
49
65
13
6
8
2 1
1
1 i

- T -,

186

2

...» , r

117

43
51
66
20
8
7

1

!

197

, - , , „ -

136

148

5
7
3

——~
i

35

12
5
5
6
—

"~
--

,., _

8

22

—
! .^—•—

92

93
1 _ .

__,

—-4-56--

Table VI - Number of Iowa S t a t e Banks by Size Groups and hy Rate of
on I n v e s t e d C a p i t a l , 1926-1930 (Continued)

Profit

Number of banks
Size groups
loans and investments

Showing a
net loss or
no profit
0.0 #
or
to
more
5.9^

Total

Showing net profits
available for dividends
Less
than
3%

3%
to
5.9%

to

to

11.9%

12#
and
over

1929
.

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups

r

, -nr

x

i_

205
230
292
93
59
45
27
4
1

...
...

„

38
44
37
6
7
7
2
1

_J^

___

.r .
. ~..

956

7S

25
24
18
3
4
1
1

142

50
34
39
14
6
9
3
1

34
40
56
16
10
4
6
1
1
-T
. .m T. -

156

9
32
34
17
5
6
1

-

168

12
23
55
18
17
9
9

—

37
33
53
19
10
9
5
1

—
,

T--

104

143

12
31
30
12
6
2

7
19
31
17
8
5
1

1

167

—

1930
1

Under $150,000
150,000 - 250,000
250,000 - 500,000
500,000 - 750,000
750,000 - 1,000,000
1,000,000 - 2,000,000
2,000,000 - 5,000,000
5,000,000 - 10,000,000
10,000,000 - 50,000,000
50,000,000 and over
All groups




' '
188
223
254
97
52
37
27
3
2

23
18
26
5
5
5
1
—

55
41
39
13
5
2
5
1

37
41
33
10
6
8
1
" " " " " • *

28
44
46
26
8
7
10
2

26
29
49
14 1
14
4
7

1

1

~~

„-.., . -

883

L

83

131

136

171

r

„

6

.,.„, „ ,.
,

•

I 144 1 100
!

1

88

Table VII - Percentage Distribution of Iowa State Banks by Size of Town
According to Rate of Profit on Invested Capital, 1926-1930
(Weighted Average)

Total

100.0$
100.0
100.0
100.0
100.0
100.0
100.0
100.0

Population
of
town

Less than 500
500 - 1,000
1,000 - 2,500
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000
100,000 and over
All groups




Showing a
net loss or
no profit
6%
0.0$
or
to
5.9$
more
12.8$
15.0
13.7
9.8
6.9
5.0
1.1
18.4
12.5

; 100.0
!

,

„
_

Showing net profits
available for dividends
3$
to
5.9$

6$
to
8,9$

18.0$
20.6
19.3
17.7
9.0
16.1
11.7
20.4

17.6$
17.6
17.7
21.6
11.1
16.5
16.0
14.3

16.9$
17.8
18.9
13.9
24.3
24.0
26.6
12.2

16.7$ 9.5$
12.3
8.8"
13.8
6.6
14.4
9.3
19.4
14.6
9.5
18.6
12.8
19.1
6.1
20.4

18.3
1

Less
than

17.6

17.9

15.4

«

.«•!. ,

9$
12$
and
to
11.9$ over

9.1

8.4$
7.7
10.0
13.4
14.6
10.3
12.8
8.2
9.2

—we—

Table VIII - Number of Iovra. S t a t e Banks by Size of TOTOI and
by Eate of P r o f i t on Invested C a p i t a l , 1926-1930

Population
of town

Total

Number of banks
Showing a
Showing n e t p r o f i t s
net loss or
a v a i l a b l e for dividends
no p r o f i t
396
Less
9fo
•1256
6%
0.0$
6fo
to
and
to
than
to
to
or
5.9$
8.9$
11.9$ over
more
3$
5.935
1926

Less t h a n 500
500 - 1,000
1,000 - 2,500
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000
100,000 and over

249
155
81
31
50
21
11

80
60
25
9
2
1
—
~ !

-i

1,081

179

189

•• 4 8 3

A l l groups

S2
49
25
15
2
2
3

83
40
36
16
3
9
2
3

87
39
29
16
10
15
4
1

78
28
19
14
7
10
4
1

_JL

27
14
7
6
3
7
4
_2

192

201

161

89

70

61
30
23
6
3
11
3
5

33
14
4
8
2
4
2
""
*

33
7
9
6
2
5
1

142

67

63

43
19
11
5
1 4
7
2
1

41
17
11
11
4
5
4
——.

92

93

36
19
14
5
4
6
4

1927
Less than 500
500 - 1,000
j
1,000 - 2,500
j
2,500 - 5,000
|
5,000 - 10,000 !
10,000 - 50,000
50,000 - 100,000 1
100,000 and over j
A l l groups

463
238
147
78
30
52
20
12

74
41
29
10
4
3
—
3

96
60
42
17
4
5
4
2

92
40
20
22
4
13
l

74
46
20
9
11
11
8
1

j 1,040

164

230

194

180

9

1928
Less t h a n 500
500 - 1,000
1,000 - 2,500
|
2,500 - 5,000
1
5,000 - 10,000
10,000 - 50,000 j
50,000 - 100,000
100,000 and over |

452
229
138
74
28
49
18
11

57
31
15
7
1
4
—
2

70
51
34
12
4
9
2
4

82
50
33
20
4
6
2
—

81
34
19
9
6
10
4
3

A l l groups

999

117

186

197

166




j

78
27
15
10
5
8
4
1_
148

*~ J.UX

*

Table VIII - Iturnber of Iowa S t a t e Banks by Size of Town and
by Rate of Prof its on Invested Capital
1926-1930 (Continued)
Number of banks
Population
of town

j Total

Showing a
1
Showing n e t p r o f i t s
net loss or 1
available for dividends
no p r o f i t
9%
12%
6% 1 0.0% ! Less | 3f0
6%
to
and
to
or | t o I than
to
8.9%
11.9% i over
5.9%
3%
more ! 5.9%
1929

Less than 500
500 - 1,000
!
1,000 - 2,500
2,500 - 5,000
5,000 - 10,000
10,000 - 50,000
50,000 - 100,000
100,000 and o v e r

426
210
138
79
29
49
17
8

36
63
20 1 35
11
16
4
13
—
2
4
10
—
2
1
_1

71
34
24
11
3
8
3
—2

71
35
34
11
4
8
5
—

81
31
20
15
8
8
2
2

51
24
10
9
4
4
2
—

53
31
23
16
8
7
3
2

A l l groups

956

76

142

156

168

167

104

143

Less t h a n 500
500 - 1,000
1,000 - 2,500
2,500 - 5,000
5,000 - 10,000 ;
10,000 - 50,000 i
50,000 - 100,000 j
100,000 and o v e r

396
185
132
77
26
42
18
7

38
15
17
8
3
—
1
_1

79
34
20
12
1
13
-2

72
21
21
11
5
8
5
1

49
22

32
17
21
13
4
1
—

__A

63
44
32
9
4
14
4
_ 1

A l l groups

883

83

161

136

171

144




1930
63
32
13
15
2
4
6

i

8

i

9
7
2
2
_JL

1
j

100

!
1

„_„

88

Table IX-a - Typical Operating Ratios of n a t i o n a l Banks in tlie United States by Size Groups
1926-1930 U)
1 T y p i c a l
Income and
b a l a n c e sliest items

1 Under
$150

!

r a t i o s of banks grouped by l o a n s and i n v e s t m e n t s
( i n t housands of d o l l a r s ]
$150 ! $250
$5,000 #10,000
$500
$750 $1,000 §2,000
to
to
to
to
to
to
to
to
250 I
500
10,000 50,000
750
1,000
5,000
2,000

$50,000
and
over

P e r $100 of l o a n s and i n v e s t m e n t s
I n t e r e s t and discount on
l o a n s and i n v e s t m e n t s
Other e a r n i n g s
Total earnings
S a l a r i e s and v/ages
I n t e r e s t on g r o s s d e p o s i t s
Other expenses
Net e a r n i n g s
Net l o s s e s
T o t a l expenses and l o s s e s
Net a d d i t i o n t o p r o f i t s
Invested c a p i t a l
Gross d e p o s i t s

!$
!
!

7.84 $
1.35
9.13
3.32
1.34
2.81
1.71
1.69
9.17
.02
32.87
105.07

7.07
.99
8.06
2.46
1.74
2.04
1.83
1.33
7.56
.50
22.71
101.76

$ 6 . 5 1 i> 6.21
j
.84
.73
7.35
6.99
1.95
1.66
1.97
2.04
1.61
1.40
1.82
1.89
1.13
.91
6.65
6.01
.70
.98

$ 6.00
.74
6.74
1.51
2.08
1.30
1.85
.36
5.75
.99

$ 5.84
.74
6.53
1.38
2.18
1.20
1.81
.75
5.52
1.05

$ 5.74
.31
6.55
1.31
2.24
1.18
1.33
.70
5.42
1.13

18.29
97.94

17.82
96.96

16.97
96.84

16.05
99.06

19.36
99.50

$

5.57 $
.80
6.37
1.19
2.28
1.15
1.75
.62
5.23
1.14

5.47
.92
6.39
1.22
2.17
1.19
1.80
.59
5.17
1.21

$

5.06
1.03
6.09
1.10
2.00
1.08
1.90
.53
4.72
1.37

15.64
100.52

15.64
105.90

17.09
109.71

12.21
7.76

12.43
8.27

12.06
8.64

48.04
16.18
2.30

36.33
15.37
2.10

24.11
15.16
1.89

P e r $100 of i n v e s t e d c a p i t a l
Net e a r n i n g s (before l o s s e s )
Net a d d i t i o n t o p r o f i t s

5.52
.08

8.65
2.06

1
10.33 | 11.42
3.87 i
5.61

11.41
5.83

11.67
6.56

P e r $100 of g r o s s
Time d e p o s i t s
Invested c a p i t a l
I n t e r e s t on d e p o s i t s

22.63
33.77
1.33

32.90
24.22
1.74

41.17
20.87
2.00

45.83
20.13
2.08

49.30
19.68
2.16

12.48
7.47

deposits

53.53
18.49
2.27

52.34
16.99
2.28

Average of the ratios for each of five years weighted " y number of "banks in respective group^
b




Table IX-b - Typical Operating.; Ratios of National Banks in the United, otates by Size Groups
1926
Income and
b a l a n c e s h e e t items

Under
$150

T y p i c a l r a t i o s of banks grouped by l o a n s and i n v e s t m e n t s
( i n thousands of d o l l a r s )
$2,000
$5,000 $10,000 j $50,000
$150
$250
$500 : $750 j $1,000
to
{
and
to
to
to
to
'to
to
to
50,000 J
over
250
5,000
500
1,000 1 2,000
10,000
750

1

P e r $100 of loans and i n v e s t m e n t s

I n t e r e s t and d i s c o u n t on
l o a n s and i n v e s t m e n t s
$ 8.03 $
Other e a r n i n g s
1.03
9.06
Total earnings
3.29
S a l a r i e s and wages
1.37
I n t e r e s t on g r o s s d e p o s i t s
2.94
Other expenses
1.45
Net e a r n i n g s
1.72
Net l o s s e s
9.32
T o t a l expenses and losses
- .26
Net a d d i t i o n t o p r o f i t s
Invested c a p i t a l
Gross d e p o s i t s

32.60
102.66

7.26 $ 6 . 6 4
.70
.76
7.34
8.02
1.93
2.44
2.03
1.79
1.68
2.13
1.70
1.67
1.09
1.31
6.73
7.66
.61
.36
23.12
100.43

19.36
99.02

$ 6.42 $ 6.22 $ 5.92 $
.59
.66
.67
6.81
6.58
7.09
1.51
1.36
1.66
2.06
2.16
2.07
1.36
1.23
1.46
1.86
1.82
1.9C
.74
.57
.80
5.67
5.33
5.99
1.14
1.25
1.10
18.16
97.96

17.67
96.50

16.65
97.38

5.79
.74
6 .53
1.30
2.17
1.20
1.86
.58
5.26
1.27
15.46
100.30

$

5.64
.73
6.38
1.19
2.22
1.18
1.78
.48
5.07
1.30

$

5.54 $
.82
6.36
1.22
2.15
1.18
1.81
.50
5.05
1.31

4.95
.99
5.93
1.04
1.97
1.01
1.90
.44
4.47
1.46

15.44
102.59

14.87
108.68

15.76
110.80

12.51
8.98

13.01
9.27

12.57
9.27

43.57
15.55
2.20

32.07
14.19
1.99

16.74
14.07
1.75

P e r $100 of i n v e s t e d c a p i t a l
Net e a r n i n g s (before l o s s e s )
Net a d d i t i o n t o p r o f i t s

4.94
~ .84

7.74
1.18

9.56
3.64

11.19
6.22

11.54
6.89

11.96 |

7.96 1

13.15

8.86

I
P e r §100 of g r o s s d e p o s i t s
Time d e p o s i t s
Invested c a p i t a l
I n t e r e s t on d e p o s i t s




22.17
34.80
1.37

31.95
25.27
1.79

40.29
21.21
2.07

44.17
20.09
2.09

47.03
19.79
2.13

51.43
18.05
2.24

48.17
16.18
2.20

T a b l e IX-c - T y p i c a l Operating R a t i o s of n a t i o n a l Banks i n tlie U n i t e d S t a t e s "by S i z e Groups
1927
Income and
b a l a n c e s h e e t items

Under
$150

T y p i c a l r a t i o s of banks grouped by loans and investments
(in thousands of d o l l a r s )
$5,000 $10,000 $50,000
$150
$500 i $750 j §1,000 1 $2,000
$250
to
j
to
to
to
to
to
to
and
to
50,000 !
750 1 1,000 1 2,000 j
5,000
250
10,000
over
500
P e r $100 of l o a n s and i n v e s t m e n t s

I n t e r e s t and d i s c o u n t on
l o a n s and i n v e s t m e n t s
$ 8.03 $
Other e a r n i n g s
1.43
Total earnings
9.47
S a l a r i e s and wages
3.44
I n t e r e s t on g r o s s d e p o s i t s
1.36
Other expenses
2.97
1.70
Wet e a r n i n g s
1.92
Net l o s s e s
9.59
T o t a l expenses and l o s s e s
- .13
Net a d d i t i o n fee- p r o f i t s
Invested c a p i t a l
Gross d e p o s i t s

33.43
108.74

7.06
1.13
8.19
2.47
1.79
2.09
1.84
1.52
7.87
.32
23.10
105.28

$

6.48 $ 6 . 1 3 $ 5.92 $ 5.76
.82
.92
.83
.85
7.39
6.74
6.58
6.98
1.96
1.51
1.37
1.65
2.00
2.05
2.18
2.05
1.63
1.29
1.13
1.41
1.81
1.89
1.85
1.87
1.11
.76
.62
.79
6.70
5.61
5.35
5.90
.69
1.13
1.23
1.08
19.45
101.04

18.35
99.44

17.83
98.24

16.77
98.43

$

5.63 $
.88
6.52
1.31
2.23
1.17
1.81
.54
5.25
1.27
15.65
100.63

$

5.47
.85
6.32
1.18
2.27
1.12
1.75
.51
5.08
1.24

5.28
.94
6.23
1.20
2.17
1.15
1.70
.46
4.99
1.24

$

15.08
107.29

15.05
102.22

4.75
1.08
5.83
1.10
1.95
1.03
1.75
.44
4.52
1.31
14.94
111.07

P e r $100 of i n v e s t e d c a p i t a l
Net e a r n i n g s (before l o s s e s )
Net a d d i t i o n to p r o f i t s

5.48
- .37

8.53
.80

10.24
3.63

11.26
6.15

11.56
6.52

12.10
7.67

12.53
8.41

12.54
8.70

11.93 1
8.49

12.23
8.63

46.41
15.20
2.25

34.03
14.59
2.05

21.59
13.52
1.75

P e r $100 of g r o s s d e p o s i t s
Time d e p o s i t s
Invested capital
I n t e r e s t on d e p o s i t s




20.96
33.07
1.31

32.35
23.79
1.73

40.52
20.50
2.01

45.34
19.90
2.08

47.70
19.26
2.10

52.55
17.86
2.23

51.01
16.27
2.23

,

Table IX-& - T y p i c a l Operating R a t i o s of N a t i o n a l Banks in t h e U n i t e d S t a t e s "by S i z e Groups
1928
r a t i o s of b a n k s g r o u p e d "by l o a n s and i n v e s t m e n t s
( i n t h o u s a n d s of d o l l a r s )
$250
$500
| $750 j $ 1 , 0 0 0 $ 2 , 0 0 0 $ 5 , 0 0 0 $10,000
to
to
to
to
j to j to
to
50,000
500
750
j 1,000 | 2 , 0 0 0
5,000 10,000

Typical
Income and
"balance s h e e t i t e m s

$150
to
250

Under
$150

P e r $ 1 0 0 of l o a n s a n d
I n t e r e s t a n d d i s c o u n t on
l o a n s and i n v e s t m e n t s
$
Other earnings
Total earnings
S a l a r i e s and wages
I n t e r e s t on g r o s s d e p o s i t s
Other expenses
ITet e a r n i n g s
Net l o s s e s
T o t a l expenses and l o s s e s
ITet a d d i t i o n t o p r o f i t s
Invested capital
Gross d e p o s i t s

j
7.68
1.64
9,32
3.32
1.35
2.80
1.85
1.66
9.13
.19

$

6.96
1.06
8.02
2.41
1.74
1.99
1.89
1.15
7.29
.73

33.21
110.97

22.20
104.85

$

18.85
101.53

13.01J
^9.83|

.76
5.58
1.09

5.79
.75
6.54
1.37
2.17
1.13
1.83
.65
5.36
1.13
16.68
97.43

5.90
.78
6.67
1.47
2.09
1.26

1.85

P e r $100 of
ITet e a r n i n g s ( b e f o r e , l o s s e s )
ITet a d d i t i o n t o p r o f i t s

9.20
3.52

5.76
.89

10.67
4.67

12.09
6.48

11.68
6.38

$

investment s

17.49
98.56

6 . 4 0 $ 6 . 1 5 !#
.38
.83!
7.28
6.97I
1.65j
1.33
2.02!
1.94
1.58
1.36 i
1.84
1.95J
1.01
.851
5.38J
6.45
1.09J
.33

#50,000
and
over

$

5.63
.34
6.52
1.29
2.23
1.16
1.34
.57
5.25
1.27
15.78
93 c 24

$

5.49
.81
6.29
1.15
2.28
1.12
1.74
.52
5.08
1.22

$

5.41
.83
6.29
1.19
2.13
1.19
1.74
.52
5.07
1.22

$

5.08
1.11
6.19
1.11
2.00
1.12
1.96
.42
4.65
1.54

15.03
99.70

15.17
103.76

18.79
103.98

12.53
8.43

12.76
8.81

12.71
10.07

48.47
15.74 i
2.32

37.55
15.20
2.23 !

24.37
14.84
2.13

invested capital
11.99
7.52

P e r $ 1 0 0 of g r o s s

12.83
8.59

deposits

•

Time d e p o s i t s
Invested capital
I n t e r e s t on d e p o s i t s




23.06
32.14
1.27

32.41
22.83
1.71

41.00
19.78
1.95

45.18
19.48
2.03

49.92
19.02
2.13

53.42
18.06
2.25

52.73
16.53
2.26

Table IX-e - Typical Operating Batios of national Banks in the United States by Size Groups
1929

Income and
b a l a n c e s h e e t items

T y p i c a l r a t i o s of banks grouped by l o a n s and i n v e s t m e n t s
(in thousands of d o l l a r s )
#150
$250
$500 |
$750 I $1,000 1 $2,000 $5,000 $10,000
tc
to
to
to
to
to
to
to
750 J 1,000 J 2 , 0 0 0 ] 5,000 10,000
50,000
500
250

Under
$150

$50,000
and
over

P e r $100 of loans and i n v e s t m e n t s
I n t e r e s t and d i s c o u n t on
l o a n s and i n v e s t m e n t s
$
Other e a r n i n g s
Total earnings
S a l a r i e s and wages
I n t e r e s t on g r o s s d e p o s i t s
Other expenses
Net e a r n i n g s
Net l o s s e s
T o t a l expenses and l o s s e s
Met a d d i t i o n t o p r o f i t s
Invested c a p i t a l
Gross d e p o s i t s

7.76
1.43
9.19
3.20
1.27
2.67
2.05
1.63
8.77
.42
31.88
104.22

$

7.03
1.02
8.05
2.41
1.69
1.99
1.97
1.17
7.25
.80
21.79
100.89

$ 6.51 $ 6 «22 $ 6 . 0 1 $ 5.92 $ 5.84
.79
.83
.75
.69
.73
6.62
7.34
6.76
6.62
7.00
1.29
1.91
1.50
1.37
1.64
2.23
1.87
2.06
2.17
1.98
1.20
1.56
1.31
1.21
1.39
1.90
1.99
1.89
1.87
1.99
.74
1.05
.86
.80
.88
5.47
6.40
5.74
5.55
5.90
1.16
.94
1.02
1.07
1.10
19.01
98.54

17.96
96.72

17.60
96.09

16.38
95.03

16.04
97.09

$ 5.67
.77
6.45
1.18
2.27
1.20
1.80
.67
5.32
1.13

#

5.71 $
.90
6.61
1.21
2.10
1.27
2.02
.61
5.20
1.41

5.52
1.02
6.54
1.12
2.03
1.22
2.17
.66
5.03
1.51

15.56
98.20

16.17
102.42

17.90
107.52

12.62
7.81

1 3 . 5C
9.20

12.69
9.05

49.86
16.65
2.34

38.46
16.45
2.08

27.63
16.73
1.91

P e r $100 of i n v e s t e d c a p i t a l
Net earnings (before l o s s e s )
Net a d d i t i o n t o p r o f i t s

6.64
1.52

9.59
3.83

11.42
5.31

12.29
6.46

12.01
6.27

12.04
6.67

P e r §100 of g r o s s
Time d e p o s i t s
Invested c a p i t a l
I n t e r e s t on d e p o s i t s




i

22.73
32.43
1.26

33.21
23.32
1.71

41.06
20.56
1.92

46.01
19.94
2.06

49.66
19.64
2.15

12.95
7.64

deposits

54.48
18.76
2.30

53.92
17.37
2.32

Table IX-f - T y p i c a l O p e r a t i n g .Ratios of N a t i o n a l Banks in the U n i t e d S t a t e s by S i z e Groups
1930

Income and
b a l a n c e s h e e t items

Under
$150

T£ l i c a l ra t i o s of banks grouped by l o a n s and investments
(in thousa nds of d o l l a r s )
$500
$750 $ 1 , 0 0 0 $2,000 i $ 5 , 0 0 0 ] $10,000 j $50,000
$150 j $250
and
to 1
to
to
to
to
to
to
to
over
500
750
2,000
5,000 ! 10,000
50,000
250
1,000
P e r $100 of

I n t e r e s t and d i s c o i m t on
l o a n s and i n v e s t m e n t s
Other, e a r n i n g s
Total earnings
S a l a r i e s and wages
I n t e r e s t on g r o s s d e p o s i t s
Other expenses
ITet e a r n i n g s
Net l o s s e s
T o t a l expenses and l o s s e s
Net a d d i t i o n t o p r o f i t s

loans and i n v e s t m e n t s
i

|

$ 6.99
7.56
1.26 j
1.00
8.82
7.99
3.31
2.56
1.35
1.67
2.58
1.97
1.59
1.79
1.58
1.49
7.69
8.81

$ 6.50

$ 6.12 $ 5.94

$ 5 . 8 1 $ 5.74

5.38^ $
1.07
6.45
1.29
2.26
1.17
1.72

5.00
.98

.89

.78

.77

.74

.32

.86

7.40
2.05
1.97
1.57
1.80
1.39
6.98

6.90
1.70
2.09
1.36
1.74
1.26
6.41

6.71
1.56
2.15
1.27
1.73
1.17
6.15

6.5 6
1.46
2.24
1.21
1.66
1.14
6.03

6.56
1.36
2.32
1.17
1.71
1.06
5.91

6.42
1.24
2.37
1.13
1.68
.90

.90

.68

5.64

5.63

.65

.78

.82

4.89
1.09

17.21
99.86

17.03
107.74

17.83
110.26

10.73
4.68

10.80
5.31

10.35
6.48

39.62
16.50
2.15 !

28.75
16.38
1.88

.01

.30

.41

.49

.56

.52

33.13
97.89

Invested c a p i t a l
Gross d e p o s i t s

$

^5 5.56

23.25
96.60

20.18
97.22

19.04
95.44

13.54
95.47

17.90
95.86

17.38
\J 3.0 2

5.98
1.12
2.06
1.03
1.77

P e r $100 of i n v e s t e d c a p i t a l
ITet e a r n i n g s (before l o s s e s )
Net a d d i t i o n t o p r o f i t s

5.04
- .37

8.30
1.18

9.89
2.11

10.13
2.42

10.24
3.03

10.17
2.85

10.78
3.65

!
P e r $ 100 of g r o s s d e p o s i t s
Time d e p o s i t s
Invested c a p i t a l
I n t e r e s t on d e p o s i t s




•

24.90
36.36
1.42

34.94 i 43.20 ! 4 8 . 7 6
26.00
22.35 1 21.39
1.75
2.04
2.18

i

52.32 j 5 5 . 8 2 j 55.92 ! 52.17 |
20.69 1 19.75
18.67 i 17.87 |
2.27
2.34 j 2.39
2.39

%

Tabla X-a - T y p i c a l Operating R a t i o s of N a t i o n a l Banks in t h e N o r t h e a s t e r n S t a t e s "by S i z e Groups
1926-1930( 1 )

Income and
b a l a n c e s h e e t items

Under
$150

T y p i c a l r a t i o s of banks groupad by l o a n s and inv e s t m e n t s
(in thousands of d o l l a r s )
$2,000
$250
I $500
i
$750 j $1,000
i $150
to
to
j
to
to
!
to
!
to
5,000
250
500
j
750
! 1,000 |
2,000

$5,000
and
over

P e r $100 of l o a n s and inv e s tm ent s
I n t e r e s t and d i s c o u n t on
l o a n s and i n v e s t m e n t s
| 5.37
Other e a r n i n g s
1.03
Total earnings
6.40
S a l a r i e s and v/ages
1
2.12
I n t e r e s t on g r o s s d e p o s i t s
1.39
Other expenses
2.05
.84
Net e a r n i n g s
Net l o s s e s
1.11
6.67
T o t a l expenses and l o s s e s
- .28
Net a d d i t i o n t o p r o f i t s

!

:) 5.54

•J.5.58

.78

.71

6.32
1.76
1.56
1.48
1.53

6.29
1.43
1.90
1.23
1.72
.61
5.18
1.11

.57

5.37
.96

• j,$-5.62- ••4.5.60
.71

!
!
1
j
1
i
1
|

6.32
1.30
2.01
1.12
1.90
.59
5.01
1.31

i

.;.':", 5.59.,, . $ 5.57
.73 !
.70
.69
6.33
6.27
6.28
1.21
1.15
1.09
2.12
2.28
2.39
1.09 j
1.01 j
.99
1.90 1
1.81
1.83

4 5.40
.75

6.15
1.05
2.33
1.00
1.76

.63

.56

.56

.55

5.05
1.27

5.00
1.27

5.03
1.24

4.94
1.21

17*88
90.86

16.66
93.13

16.70
97.23

11.16
7.53

11.84
7.97

11.45
7.83

62.57
20.71
2.50

61.19
18.62
2.56

48.24
17.67
2.43

!

j

j

Invested c a p i t a l
Gross d e p o s i t s

33.19
92.42

26.51
89.79

21.15
88.99

j
.

20.11
89.12

19.28
89.38

i

j
j
;

P e r $100 of i n v e s t e d c a p i t a l
Net e a r n i n g s (before l o s s e s )
Net a d d i t i o n to- p r o f i t s

3.41
.05

6.43
3.74

9.00
5.51

1
l

10.48
6.86

P e r $100 of g r o s s
Time d e p o s i t s
Invested c a p i t a l
I n t e r e s t on d e p o s i t s

43.36
37.45
1.50

46.34
35.98
1.70

54.08
25.69
2.11

55.84
24.40
2.21

10.85
6.83
deposits
59.02
23.03
2.34

Average of the ratios for each of five years weighted by number of hanks in respective group. New England
and Middle Atlantic States combined.



Table X-b - T y p i c a l Operating R a t i o s of n a t i o n a l Banks in t h e N o r t h e a s t e r n S t a t e s by S i z e Groups
1926

Income and
b a l a n c e s h e e t items

T y p i c a l r a t i o s of banks grouped by loans and' i n v e s t m e n t s
(in thousands of d o l l a r s )
$150
$250
! $500 |
§750 | $1,000 . $2,000
to
to
j
to
to
to
to
5,000
500
j
750 1 1,000
1
2,000
250

Under
$150

$5,000
and
over

P e r $100 of l o a n s and inv>3stment*s
I n t e r e s t and d i s c o u n t on
l o a n s and i n v e s t m e n t s
'Other e a r n i n g s
Total earnings
S a l a r i e s and wages
I n t e r e s t on g r o s s d e p o s i t s
Other expenses
Het e a r n i n g s
Net l o s s e s
T o t a l expenses and l o s s e s
Net a d d i t i o n t o p r o f i t s
Invested c a p i t a l
Gross d e p o s i t s

$ 5.58

1

.48

1

$ 5.62

§ 5.68

$ 5.65

.70

$ 5.35
..69
6.04
1.85
1.33
1.70
1.16

.70

.69

.62

6.32
1.39
1.85
1.25
1.33

6.37
1.26
1.96
1.12
2.02

6.28
1.73
1.44
1.68
1.43

6.27
1.132.04
1.08
1.C7

$ 5.53
.67

.71

6.32
1.12
2.22
1.02
1.95

6.23
1.07
2.31

6.09
1.04
2.25
1.00
1.80

.34

.27

.36

.69

4.83
1.49

4.63
1.75

4.67
1.61

4.59
1.63

27.20
92.77

26.24
88.35

20.56
88.49

19.10
90.63

18.32
89.37

.99

1.86

.32

5.27
1.01

5.35

.42

$ 5.39

.70

.39

.40

4.76
1.47

4.70
1.40

17.10
91.59

15.65
93.88

15.99
99.62

12.44
10.18

12.93
10.28

12.17
9.37

60.27
19.61
2.41

57.32
17.34
2.45

42.65
16.43
2.2e

1

' P e r $100 of i n v e s t e d cap i t a l
Net e a r n i n g s (before l o s s e s )
Net a d d i t i o n to p r o f i t s

4.61
2.63

6.04
4.24

10.04
8.16

11.90
10.17

11.36
9.47

P e r $100 of g r o s s depos i t s
Time d e p o s i t s
Invested c a p i t a l
I n t e r e s t on d e p o s i t s




40.51
31.90
1.45

44.27
35.72
1.60

51.28
25.38
2.05

54.19
22.86
2.15

57.01
22.37
2.25

Table X-c - Typical Operating Ratios of n a t i o n a l Banks in the Northeastern S t a t e s by Size Groups
1927
—

Income and
b a l a n c e s h e e t items

• • -

Under
$150

T v o i c a l r a t i o s of banks grouped by l o ans and i n v e s t m e n t s
(i n thousands of d o l l a r s )
$1,000
$2,000
$500
$750
$150
$250
to
to
to
to
to
to
2,000
5,000
250
500
750
1,000

$5,000
and
over

P e r $100 of l o a n s and i n v e s t m e n t s
I n t e r e s t and discoimt on
l o a n s and i n v e s t m e n t s
Other e a r n i n g s
Total earnings
S a l a r i e s and wages
I n t e r e s t on g r o s s d e p o s i t s
Other expenses
ITet e a r n i n g s
Net l o s s e s
T o t a l expenses and l o s s e s
TTet a d d i t i o n t o p r o f i t s
Invested c a p i t a l
Gross d e p o s i t s

$ 5,43
1.10
6.53
2,57
1.47
2.62
~ .12

$ 5.44

$ 5.54

.88

.83

6.32
1.68
1.55
1.35
1.75

6.36
1.43
1.89
1.24
1.82

j
1
1
j
j
1

$ 5.54
.84
6.37 |
1.28 ,
1.99 1
1.10
2.01

$ 5.51

5.49

$ 5.49

.91

|

.79

.79

$

5.26
.79

6.43
1.19
2.08
1.07
2.09

6.29
1.13
2.25

6.28
1.09
2.37

6.04
1.03
2*30

.99

.97

.96

1.91

1.84

1.75

.64

.41

.41

.41

.44

.34

.33

.42

7.30
~ .76

4.99
1.33

4.96
1.41

4.77
1.61

4.77
1.65

4.71
1.57

4.78
1.51

4.71
1.34

37.19
96.65

25.31
92.04

20.92
90.41

19.57
90.54

18.56
90.26

17.37
92.14

16.00
94.51

15.80
98.59

11.90
9.65

12.52
10.11

11.97
8.97

61.42
19.79
2.43

59.75
17.69
2.50

45.89
16.36
2.34

P e r $ 100 of i n v e s t e d cap i t a l
Bfet e a r n i n g s ("before l o s s e s )
Net a d d i t i o n to p r o f i t s

2.43

7.65
5.35

.11

9.65
7.39

11.52
8.65

12.30
9.22

•

P e r $100 of g r o s s

Time d e p o s i t s
Invested capital
I n t e r e s t on d e p o s i t s




47.77
38.45
1.55

;

45.95
33.37
1.63

52.82
24.86
2.06

54.90
23.35
2.16

deposits
58.02
21.77
2.29

Table X-d - Typical Operating R a t i o s of N a t i o n a l Banks in t h e N o r t h e a s t e r n S t a t e s by S i z e Groups
1928

Income and
b a l a n c e s h e e t items

Under
$150

T y p i c a l r a t i o s of banks grouped by l o a n s and i n v e s t m e n t s
( i n thousands of d o l l ;?.rs)
$2,000
$500
$750
$1,000
$150
$250
to
to
to
to
to
to
5,000
500
1,000
250
750
2,000

_..

$5,000
and
over

P e r $100 of l o a n s and i n v e s t m e n t s
I n t e r e s t and d i s c o u n t on
l o a n s and i n v e s t m e n t s
Other e a r n i n g s
Total earnings
S a l a r i e s and wages
I n t e r e s t on g r o s s d e p o s i t s
Other expenses
11 e t e a r n i n g s
Net l o s s e s
T o t a l expenses and l o s s e s
Net a d d i t i o n t o p r o f i t s
Invested c a p i t a l
Gross d e p o s i t s

$ 4.93
1.07
6.00
2.13
1.39
1.94

$ 5.52

$ 5.55

$F5.59

$ 5.62

'§ 5.56

$ 5.55

$ 5.37

.94

.76

.76

.77

.73

.75

.78

6.46
1.74
1.60
1.46
1.66

6.31
1.43
1.92
1.24
1.72

6.35
1.30
1.99
1.10
1.96

6.39
1.21
2.12
1.12
1.95

6.28
1.13
B.29

6.29
1.08
2.37

.99

.99

1.87

1.84

6.15
1.02
2.38
1.00
1.75

1.06
6.52
- .52

.39

.43

.36

.50

.39

.42

.41

5.19
1.27

5.02
1.29

4.75
1.60

4.94
1.45

4.81
1.48

4.87
1.42

4.81
1.34

34.76
91.79

25.53
92.12

20.57
90.18

20.50
89.10

19.12
90.80

17.58
91.46

16.52
93.45

16.36
96.89

11.48
8.80

12.22
9.22

11.63
8.84

63.21
20.29
2.51

61.21
18.32
2.53

49.44
17.36
2.55

.54

P e r $100 of i n v e s t e d c a p i t a l
Net e a r n i n g s (before l o s s e s )
Net a d d i t i o n to p r o f i t s

1.81
-1.80

6.97
5.28

9.04
6.35

10.68
8.59

11.04
7.61

P e r $100 of g r o s s d e p o s i t s
Time d e p o s i t s
Invested c a p i t a l
I n t e r e s t on d e p o s i t s




48.63
39.68
1.53

45.82
33.99
1.71

54.03
24.42
2.10

55.61
25.03
2.19

59.06
22.29
2.31

Table X-e - Typical Operating Ratios of Rational Banks in the Northeastern S t a t e s by Size Groups
1929

Income and
b a l a n c e s h e e t items

Under
§150

T y p i c a l r a t i o s of banks gro-aped by loans and i n v e s t m e n t s
(in thousands of d o l l a r s )
$750 '
$1,000
$2,000 1 $5,000
$150
$250
! $500
1
to
and
to
to
to
to
to
2,000
over
5,000 [
;
750
1
250
.500
1,000
P e r $100 of l o a n s and i n v e s t m e n t s

I n t e r e s t and d i s c o u n t on
l o a n s and i n v e s t m e n t s
Other, e a r n i n g s
Total earnings
S a l a r i e s and wages
I n t e r e s t on g r o s s d e p o s i t s
Other expenses
Net e a r n i n g s
Net l o s s e s
T o t a l expenses and l o s s e s
Net a d d i t i o n t o p r o f i t s

$ 5.61

1.21

.62

6.35
1.76
1.66
1.39
1.55

6.26
1.44
1.89
1.23
1.71

.64

.64

.60

5.45
.91

5.19
1.07

34.48
88.02

Invested c a p i t a l
Gross d e p o s i t s

$ 5.64

.67

6.81
1.97
1.37
2.11
1.36
2.40
7.85
-1.04

1

$ 5.68

i $ 5.69

$ 5.67
.62
6.29
1.16
2.29
1.03
1.81

$ 5.71

.71

.61

.61

.57

5.08
1.27

5.18
1.16

5.09
1.20

5.14
1.26

5.03
1.31

26.73
87.98

21.28
87.98

20.56
87.63

19.76
87.93

18.05
89.22

16.87
91.76

16.97
94.68

10.79
6.99

11.93
7.60

12.01
8.25

63.84
21.20
2.55

62.83
19.12
2.62

51.05
18.56
2.47

.66 1

i

6.35 |
1.31
2.00
1.18
1.88

$ 5.64
.70
6.34
1.22
2.12
1.14
1.87

1
!
j
|

.68

6.39
1.09
2.41 1
1.02
1.87 1

$ 5.63
.72

6.35
1.06

2.33
1.07
1.89

P e r $100 of i n v e s t e d cap i t a l
Net e a r n i n g s ("before l o s s e s )
Net a d d i t i o n to p r o f i t s

4.15
-1.91

6.36
3.31

8.73
5.12

9.93
6.32

P e r $100 of g r o s s

Time d e p o s i t s
Invested c a p i t a l
I n t e r e s t on d e p o s i t s




i

40.01
40.58
1.52

43.18
38.03
1.85

54.93
25.93
2.12

56.42
25.31
2.24

10.30
5.94
deposits
59.11
23.90 |
2.36 |

Tabel X-f - T y p i c a l Operating R a t i o s of N a t i o n a l Banks i n t h e N o r t h e a s t e r n S t a t e s by S i z e Groups
1930
T y p i c a l r a t i o s of banks grouped by l o a n s and i n v e s t m e n t s
( i n thousan ds of d o l l a r s )
$2,000 j
|
$500 i
$750 j $1,000
j
$250
Under j $150
to
j
to
i
to
j
to
|
to
to
5,000
750 j 1,000 ;
!
$150 !
250 1
500 !
2,000

Income and
b a l a n c e s h e e t items

$5,000
and
over

P e r $100 of l o a n s and inv estments
I n t e r e s t and. d i s c o u n t on
l o a n s and i n v e s t m e n t s
Other earnings
Total earnings
S a l a r i e s and wages
I n t e r e s t on g r o s s d e p o s i t s
Other expenses
Net e a r n i n g s
Hot l o s s e s
T o t a l expenses and l o s s e s
Net a d d i t i o n t o p r o f i t s

i

$ 5.57
1.21
6.78
2.16
1.39
1.95
1.28
1.30
6.80
- .02

.15

.28

.28

.51

.47

.56

.64

34.30
92.33

Invested c a p i t a l
Gross d e p o s i t s

§ 5.54

29.23
87.82

22.43
87.89

20.88
87.61

20.57
83.63

19.31
89.89

18.18
92.14

18.42
96.40

9.18
1.99

9.64
2.71

9.40
3.60

64.14
22.70
2.59

64.56
20.56 I
2.68

52.19
19.70
2.52

.67

6.21
1.92
1.58
1.49
1.23
1.11
6.08

|
j
!
j
j
!

$ 5.57 i $ 5.58
.57
.62
6.19
6.15
1.49
1.34
1.98
2.10 i
1.21
1.11 |
1.51
1.60 !
1.23
1.32 j
5.91
5.87 t

$ 5.57 j $ 5.58 i $ 5.54
.63
.63 I
.61
6.20 1
6.18
6.17 |
1.26 1
1.12
1.21
2.23
2.35
2.47
.96
1.06 1
1.02
1.66
1.61 1
1.62
1.14
1.14
1.06
5.69 1
5.62
5.71

$ 5.35
.75

6.10
1.10
2.42
.99

1.59
.95

5.46

P e r $ 100 of i n v e s t e d c a p i t a l
Net e a r n i n g s (before l o s s e s )
Net a d d i t i o n to p r o f i t s

'

3.74
-

.31

4.91
.19

7.46

8.27

.39

.34

P e r $100 of g r o s s

Time d e p o s i t s
Invested c a p i t a l
I n t e r e s t on d e p o s i t s




i
1

39.89
33.83

1.47 1
i

48.37
39.92
1.76

57.49
27.89
2.25

58.18
25.59
2.34

8.82
2.04
deposits
61.81
24.78
2.49

Table Xl-a - Typical Operating Ratios of National Banks in the Mid-continent S t a t e s t>y Size Groups
1926-1930f 1 )

Income and
b a l a n c e s h e e t items

T y p i c a l r a t i o s of banfcs grouped by l o a n s and i n v e s t m e n t s
(in thousands of d o l l a r s )
#2,000
$250
|
$500 |
#750 1 $1,000
$150
1
to
to
J
to
j
to
to
to
5,000
250
i
500 |
750 !
1,000 j
2,000

Under
$150

$5,000
and
over

P e r $100 of loans and i n v e s t m e n t s
I n t e r e s t and d i s c o u n t on
l o a n s and i n v e s t m e n t s
Other e a r n i n g s
Total earnings
S a l a r i e s and wages
I n t e r e s t on g r o s s d e p o s i t s
Other expenses
Net e a r n i n g s
Net l o s s e s
T o t a l expenses and l o s s e s
Net a d d i t i o n t o p r o f i t s
Invested c a p i t a l
Gross d e p o s i t s

•

$
|
j
!
1

8.36 ' |
1.48 ,
9.83 1
3.63
1.27
2.95 1
1.99
1.96
9.81

i

7.56 : $
1.13 1
8.69
2.71
1.75
2.22
2.00
1.66
8.34

6.99
$
1.00
7.98
2.22 1
2.00
1.78
1.99
1.43
7.43

.03

.34

.55

33.88
109.81

22.50
105.78

19.09
104.45

6.69
.95 |
7.64 I
1.93 j
2.12 |
1.55
2.03
1.19 j
6.80 i

6.42
.89
7.31
1.83
2.09
1.44
1.95
1.14
6.50

.83

.81

16.37
107.33

16.93
107.19!

$

$

6.23
.92

1
7.15 i
1.70
2.12
1.41 1
1.92
1.11
6.33

$

6.02
.99
7.01
1.60
2.08
1.42
1.92

$

5.62
1.00
6.62
1.36
2.13
1.35
1.78

.90

.66

.82

6.00
1.02

5.50
1.12

15.54
108.40

14.14
113.41

13.56
116.37

14.94
7.67

13.72
8.48

P e r $100 of i n v e s t e d c a p i t a l
Net e a r n i n g s ("before l o s s e s )
Net a d d i t i o n t o p r o f i t s

6.14
- .07 j

9.44
1.30

11.33
3.18

13.18
5.131

P e r $100 of g r o s s

13.09
5.20

13.55
5.63

deposits

Time d e p o s i t s
36.00
35.99
33.87 \
37.67
18.48
27.40 !
27.86
32.42
Invested c a p i t a l
22.72
16.60
15.97)
14.83 i
12.67
11.88
33.24 1
19.56 1
I n t e r e s t on d e p o s i t s
2.00
1.96
1.99 |
1.84
1.84
1.69
1.94
1.20 |
,
1
(1) Average of the r a t i o s for each of five years weighted by number of banks in r e s p e c t i v e group. Southwestern
and \7estern Grain States combined*



I

Table XI"\x - Typical Operating Ratios of National Banks in the Mid-continent States by Size Groups
1926
Income and
b a l a n c e s h e e t items

T y p i c a l r a t i o s of banks grouped by l o a n s and i n v e s t m e n t s
(in thoissands of d o l l a r s )
$2,000
! $250
j $500 j
$750
1 $1,000
$150
j
to
j
to
to
to
to
j
tO
!
5,000
i
500
•
750
1,000
'
2,000 I
i
250

Under
#150

j $5,000
1
and
1 over

P e r $100 of l o a n s and investments
I n t e r e s t and d i s c o u n t on
l o a n s and i n v e s t m e n t s
Other e a r n i n g s
Total earnings
S a l a r i e s and v/ages
I n t e r e s t on g r o s s d e p o s i t s
Other expenses
Net e a r n i n g s Net l o s s e s
T d t a l expenses and l o s s e s
Net a d d i t i o n t o p r o f i t s

i

$
1

8.58
1.08
9.66
3.56
1.34
3.05
1.71
1.87
9.83
- .17

! $
i
!
1
•

33.01
106.37

Invested c a p i t a l
Gross d e p o s i t s

7.32 | $
.82
8.64
2.68
1.88
2.32
1.76
1.78
3.66
- .02
23.21
104.46

7.19
.80

7.99
2.18
2.20
1.89
1.72
1.51
7.78
.

:§
|
1
!

1

$
6.89
.73 j
7.62
1.92

6.70 J %
.65 j
7.35 1
1.83
2i25
1.48
1.80
1.23
6.79

2.35

1.58
1.78
1.27
7.11

19.20
103.59

17.06 !
107.54 j

$

6.14

!$
j

.85

6.99
1.56
2.12
1.42
1.88

5.85
.93
6.78
1.42
2.15
1.37
1.33

.97

.65

6.08

.57

.67

.91

5.59
1.19

16.33
106.87

15.91
108.52

14.13
115.61

14.08
119.19

11.93
4.77

14.49
6.52

13.66
8.61

37.67

28.35

15.17 1

12.59 1

24.57
12.06
1.82

.51

&£J

6.33
.76
7.09
1.67
2.25
1.46
1.72
1.06
6.43

P e r $ 100 of i n v e s t e d c a p i t a l
:
5.58 j
- .71 !

Net e a r n i n g s (before l o s s e s )
Net a d d i t i o n t o p r o f i t s

7.97 |
-1.01 !

9.49
1.51

11.26
2.55

12.01
3.63

i

P e r $100 of g r o s s

deposits

!
Time d e p o s i t s
Invested c a p i t a l
I n t e r e s t on d e p o s i t s




j

26.66
24.38
1.82 j

13.53
33.90
1.23
i

35.11
20.16 j
2.17
i

35.76
16.98 !

2.19 1

36.30
16.75 !
2.12
1

2.16 |

I

1.84

|

(TV

\

Table XI-c - Typical Operating Ratios of n a t i o n a l Banks in the Mid-continent S t a t e s by Size Groups
1927

Income and
b a l a n c e slieot items

Under
$150

T y p i c a l r a t i o s of banks grouped by l o a n s and i n v e s t m e n t s
(in thousands of d o l l a r s )
$250
1 $500 j
$750 | $1,000 j $2,000 I
i
$150 j
1
j
to
j
to
to
I
to
to !
!
to
2,000 1
500
;
750 ; 1,000
j
:
250 i
5,000

$5,000
and
over

P e r $100 of l o a n s and investments
I n t e r e s t and d i s c o u n t on
l o a n s and i n v e s t m e n t s
Other, e a r n i n g s
earnings
S a l a r i e s and wages
I n t e r e s t on g r o s s d e p o s i t s
Other expenses
ITet e a r n i n g s (pe-fo-v-*
h^^sj
Net l o s s e s
T o t a l expenses and l o s s e s
Ket a d d i t i o n t«- p r o f i t s
Invested c a p i t a l
Gross d e p o s i t s

$
1
1
j
1

1

8.50
1.56
10.06
3.74
1.31
3.07
1.95
2.22
10.33
- .27

$
|
1
I

1

34.72
114.03

7.61
1.30
8.91
2.77
1.81
1.98
1.97
8.90

6.91
1.05
7.96
2.22
2.11
1.80
1.83
1.51
7.63

.01

23.18
109.72

;
! $
j
j

.33

19.28
105.68

2.35

$

!
|

6.66
.99
7.65
1.93
2.21
1.60
1.91
1.01
6.76

j
i $
|

6.31
.94
7.25
1.87
2.09
1.48
1.81
1.25
6.69

!
'

|

6.06 ! $
1.02 j
7.08
1.66
2.17
1.38
1.87

5.86 1 $
1.03
6.89 |
1.61 (
2.13 |
1.40
1.76

5.37
1.06
6.42
1.35
2.09
1.33
1.65

.93

.87

.62

6.13

6.01

.56

.94

.83

5.39
1.03

16.68
109.88

15.81
110.23

13.79
115.17

13.29
117.35

13.10
6.29

13.64
6.66

13.15
8.08

34.33

37.32

15.63 1

14.55 1

1.92 !

1.98 j

30.77
12.19 j
1.86

25.82
11.52
1.79

.89

17.34
109.08 j

1

P e r $100 of i n v e s t e d c a p i t a l
Net e a r n i n g s (before l o s s e s )
Net a d d i t i o n 1& p r o f i t s

5.85
-1.16

8.92
-1.03

10.43
1.37

12.08
5.38

P e r $100 of g r o s s

Time d e p o s i t s
Invested c a p i t a l
I n t e r e s t on d e p o s i t s




17.03

32.84 1
1.21

26.89
22.75 i
1.70 j

34.25
19.44 j
2.05

35.96
16.53 !
2.09 |

-J.

11.97
3.26
deposits

!

Table Xl-d - Typical Operating Ratios of National Banks in tlie Mid-continent S t a t e s by Size Groups
1928

Income and
b a l a n c e slieet items

T y p i c a l r a t i o s of banks grouped by lo;3-ns and i n v e s t m e n t s
(in thousands of d o l l ;i r s )
$2,000
$1,000
$500 j
$750
$150
$250
to
to
to
!
to
to
to
2,000
5,000 !
750 !
1,000
250
500

Under
$150

$5,000
and
over

P e r $100 of l o a n s and i n v e s t m e n t s
I n t e r e s t and discount on
l o a n s and i n v e s t m e n t s
Otlien^earnings
To'labf e a r n i n g s
S a l a r i e s and wages
I n t e r e s t on g r o s s d e p o s i t s
Other expenses
Net earningsyxsrfo-re. Ic$s*sj
Net l o s s e s
T o t a l expenses and l o s s e s
IMOU

SCCLV-1 u ' 1 0 « . X't?

prOI

$

IbS

Invested c a p i t a l
Gross d e p o s i t s

8.24
1.87
10.12
3.64
1.29
3.01
2.18
1.98
9.92
.20
34.56
116.86

$

7.38
1.22
8.60
2.65
1.72
2.17
2.06
1.42
7.96
.64
21.90
109.09

|

6.81
1.07
7.88
2.18
1.93
1.72
2.05
1.29
7.12
.76
18.52
107.52

$

6.58
1.01
7.59
1.91
2.05
1.53
2.11
1.24
6.73
.87

$

6.22

$

6.11

$

5.87

$

5.49

.96

i

.96

.94

7.18
1.77
2.07
1.37
1.96
1.00
6.22
.96

16.57
109.67 !

.90

7.01
1.65
2.05
1.35
1.97
1.04
6.09
.92

'6.83
1.55
2.02
1.37
1.9C

6.42
1.32
2.09
1.29
1.73

.78

.66

6.71
1.12

5.36
1.07

16.15
110.38

15.13
109.31

13.86
113.93

12.91
115.62

14.38
6.62

15.27
8.82

13.89
8.44

36.28
14.16
1.90

32.72
12.04
1.79

27.40
11.42
1.81

P e r $ 100 of i n v e s t e d cap i t a l
Met e a r n i n g s (before l o s s e s )
Net a d d i t i o n 4-e- p r o f i t s

6.45
.72

10.11
3.28

12.10
4.38

13.96
5.66

P e r flOO of g r o s s

19.09
31.71
1.16

Time d e p o s i t s
Invested c a p i t a l
I n t e r e s t on d e p o s i t s




i

26.92
21.01
1.64

33.23

18.26 1
1.82

35.15
15.78
1.89

13.49
6.33
deposits
35.15
15.50
1.86

Table Xl-e - Typical Operating Ratios of National Banks in the Mid-continent States by Size Groups
1929
Typical ratios
Income a n d
"balance s h e e t i t e m s

Under

of b a n k s g r o u p e d b y l o a n s a n d i n v e s t m e n t s
( i n t h o u s a n d s of d o l l a r s )
$1,000
$250
!
$750 |
$2,000
$500
"to
to
to
to
to
1,000
5,000
500
750
2,000 !

$150
to
250

$150

P e r $100 of l o a n s and
I n t e r e s t a n d d i s c o u n t on
l o a n s and i n v e s t m e n t s
Other, earnings
go^'Gi- e a r n i n g s
S a l a r i e s and wages
I n t e r e s t on g r o s s d e p o s i t s
Other expenses
N e t eamings(be-fov<^ /ossc-sy
Net l o s s e s
Total expenses and losses
IN e t ccCroKt"^ l y i t * *- p r o i lTv s
&^
Invested capital
Gross deposits

| $
;

8.28
1.60
9.88
3.51
1.16
2.81
2.40
1.90
9.38
.50
32.54
109.20

|

7.51
1.20
8.71
2.63
1.66
2.14
2.27
1.37
7.81
.90
21.27
104.84

$

7.00
1.00
8.00
2.18
1.79
1.72
2.31
1.28
6.98
1.02
18.71
103.35

$

6.72
1.01
7.73
1.91
1.96
1.54
2.32
1.13 •
6.54
1.19
16.18
105.50

$

Net e a r n i n g s ( b e f o r e l o s s e s )
Net addition-fee- p r o f i t s

7.60
1.73

11.07
4.54

13.36
6.05




18.59
31.26
1.10

27.59
21.22
1.62

32.26
19.19
1.75

15.83
7.57

35.79
16.03
1.86

$

15.54
105.54

P e r $ 1 0 0 of g r o s s
Time d e p o s i t s
Invested capital
I n t e r e s t on d e p o s i t s

investments

6.42
.92
7.34
1.78
1.99
1.40
2.16
.98
6.16
1.18

P e r $ 1 0 0 of i n v e s t e d

$5,000
and
over

' 6 . 4 1 [.'•$
.88
7.30
1.68
2.01 j
1.42
2.19
1.29 j
6.40
.90

6.13 ! $
.99
7.11
1.56
1.99
1.42
2.15
1.05
6.02
1.10

5.80
.91
6.71
1.31
2.10
1.41
1.89
.57
5.39
1.32

13.98
109.59

13.17
111.61

15.52
6.40

17.09
8.69

14.96
10.12

36.94
15.05 j
1.90

34.65 i
13.04
1.83

29.73
12.06
1.90

15.01
106.36

capital

15.13
8.02 J
deposits
35.60
15.26
1.88

Table XI-f - Typical Operating Ratios of National Banks in the Mid-continent States "by Size Groups
1930

Income and
b a l a n c e s h e e t items

T y p i c a l r a t i o s of banks grouped by lo ans and investments
(in thousands of d o l l a r s )
$2,000
$1,000
$750
#500 !
1 $250 !
$150
1
to
to
to
to
to
to
1,000
2,000
5,000
500
750
250

Under
$150

$5,000
and
over

P e r $100 of loans and inv e s t m e n t s
I n t e r e s t and d i s c o u n t on
l o a n s and i n v e s t m e n t s
Other^earnings
Toffal e a r n i n g s
S a l a r i e s and wages
I n t e r e s t on g r o s s d e p o s i t s
Other expenses
»
Net e a r n i n g s (be^e
^eSSie ^
Net l o s s e s
T o t a l expenses and l o s s e s
Net a d d i t i o n W p r o f i t s
Invested c a m t a l
G ro s s d e p o s i t s

$

8.05
1,33
9.38
3.67
1.19
2.74
1.79
1.77
9.37

$

7.43
1.13
8.57
2.84
1.61
2.11
2.00
1.70
8.27

$

7.00
1.08
8.09
2.36
1.90
1.73
2.09
1.57
7.56

1

1.01
7.58
2.01
2.04
1.52
2.01
1.31
6.88

7.40
1.90
2.08
1.45
1.98
1.25
6,67

6.22
1.03
7.25
1.83
2.16
1.43
1.83
1.21
6.62

6.57

$

6.42

$

.98

$

6.13
1.16
7.28
1.72
2.14
1.51
1.92

$

5.62
1.19
6.81
1.44
2.22
1.35
1.80

.85

.81

5.33

.02

.30

.53

.69

.73

.63

6.22
1.07

34.57
101.39

22.80
100.02

19.74
101.88

17.75
103.48

16.69
104.41

15.94
107.64

14.98
112.77

14.54
118.64

12.55
3.89

14.07
7.55

12.80
6.96

40.33
15.28
2.02

35.68
13.57
1.91

31.95
12.44
1.89

.99

P e r $100 of i n v e s t e d cap i t a l
Net e a r n i n g s (before l o s s e s )
Net .addition- to. p r o f i t s

5.51
— .37

9.38
1.25

11.65
3.03

12.58
4.33

P e r $100 of g r o s s

Time d e p o s i t s
Invested c a p i t a l
I n t e r e s t on d e p o s i t s




19.58
36.62
1.20

29.20
24.12
1.64

34.32
20.75
1.86

37.63
17.93
1.97 ,

12.63
4.51
deposits
37.99
16.70
2.01

Table Xll-a - Typical Operating Ratios of Iowa S t a t e Banks by Size Groups
1926-1930(1)

Income and
"balance slieet items

Under
$150

T y p i c a l r a t i o s of banks> grouped by l o a n s and investments
(in the>usands of d o l l a r s )
j $2,000
j
$250
1 $500
$1,000
j
$750
j
$150
and
to
1
to
to
1
to
to
2,000
over
!
1,000
• 250
1
500
750
p e r $100 of l o a n s and i n v e s t m e n t s

I n t e r e s t and d i s c o u n t on
l o a n s and i n v e s t m e n t s
$
1
0t3ie:r e a r n i n g s
5Ffflfa*f e a r n i n g s
S a l a r i e s and wages
1
1
I n t e r e s t on g r o s s d e p o s i t s
Other expenses
Net e a r n i n g s (be-f^e
losses)
Net l o s s e s
T o t a l expenses and l o s s e s
!\IP"f"

*Yf\ fl 1 t 1 £> T^

"t"-fV "~i VT\ T* "1 t *"!

Invested c a p i t a l
Gross d e p o s i t s

i

7.35 < $
.71 1
8.06
2.45
2.79
1.79
1.03
1.72
8.76
- .69
24.70
109.25

6.94

.64

j $
1

7.58
1.91
2.93
1.42
1.32
1.30
7.56

6.67 i $
.58
7.24
1.59
3 .08
1.17
1.40
1.15
6.99

6.51

#

6.23

$

6.17

.50

.43

7.01
1.39
3.30

6.66
1.27
3.08

6.72
1.13
3.34

j$
1

5.90
.75
6.65

1
1

1.17
3.07

.55

.96

.94

.92

1.35

1.37

1.32

|
1

1.05
1.36

.96

.76

.79

.66

6.62

6.05

6.13

5.94

.01

.25

.38

.60

.54

.70

18.67
107.38

15.34
107.72

13.02
109.83

12.39
109.98

12.15
110.74

11.63
110.69

11.70
4.48

12.96
6.47

P e r $100 of i n v e s t e d c a p i t a l
Net e a r n i n g s (before l o s s e s )
Net addirHre^Kto- p r o f i t s

4.98
-2.44

7.60

9.91
2.23

.45

10.93
3.55!

11.79
5.29

P e r $100 of g r o s s d e p o s i t s
Time d e p o s i t s
Invested c a p i t a l
I n t e r e s t on d e p o s i t s

47.55 !
23.44 j
2.59 i

55.07
17.99
2.74

!

60.30
14.56
2.87

!

64.93 i
11.99
3.02|

64.14
11.41
2.81

63.05
11.09
3.04

(1) Average of the ratios for each of five years weighted by number of banks in respective group.




|

67.07
10.64
2.78

Table X l l - b - T y p i c a l Operating R a t i o s of Iowa S t a t e Banks by S i z e Groups
1926

Income and
"balance s h e e t items

Under
$150

T y p i c a l r a t i o s of banks grouped by l o a n s and investments
(in thousands of d o l l a r s )
1 $150
|
$250
1
$750
I $1,000
1
$500
to
1 to
to
to
1
to
250
|
500
i
750
1,000
1 2,000

$2,000
and
over

P e r $100 of :Loans and investments
I n t e r e s t and discount on
l o a n s and i n v e s t m e n t s
Othen e a r n i n g s
earnings
S a l a r i e s and wages
I n t e r e s t on g r o s s d e p o s i t s
Other expenses
Net e a r n i n g s (be-fov*? losses,'
Net l o s s e s
T o t a l expenses and l o s s e s
Net a d d i t i o n "ke- p r o f i t s

|

7.24

$

7.11

7.82
2.42
2.93
1.77

$

6.SO

.46

.58

1.90
9.02
-1.20

7.57
1.88
3.17
1.42
1.10
1.38
7.85
- .28

7.35
1.59
3.36
1.18
1.22
1.38
7.51
- .16

24.19
108.36

18.13
108.29

15.59
107.16

.70

Invested c a p i t a l
Gross d e p o s i t s

1

$

6.62
.37

.45

|
1

6.99
1.36
3.49
1.00
1.14
1.32
7.17
- .18
12.93
109.51

! $
!

6.50
.32
6.82
1.25
3.35

j

.91

|

1.31

$

6.28
.44

$
1

6.72
1.14
3.42
.91
1.25

6.06
.77
6.84
1.14
3.25
1.05
1.40

.89

.59

.35

6.40

6.06

.42

.66

5.79
1.04

12.56
111.23

12.19
111.31

11.63
111.50

10.94
5.74

12.59
8.86

70.27

71.04
10.53
2.92

P e r $100 o f i n v e s t e d cap i t a l
Met e a r n i n g s (before l o s s e s )
Net a d d i t i o n t o p r o f i t s

3.85
-4.08

-

6.72
.74

-

8.50
.43

9.32
.37

10.67
3.33

P e r $100 c3f g r o s s d e p o s i t s
Time d e p o s i t s
Invested c a p i t a l
I n t e r e s t on d e p o s i t s




1

47.78
23.73
2.76

57.37
17.33
2.93

63.20
14.93
3.14

66.63
12.02
3.21

67.72
11.38
3.03

11.07
3.09

1

Table XII-c - Typical Operating Ratios of Iowa S t a t e Banks by Size Groups
1927
|
Income and
"balance sheet items

Under
|150

Typical ratios of banks grouped by loans and investments
(in thousands of dollars)
$1,000
$500
#750
|
|250
$150
1
to
to
1
to
to
to
1 500
750
1,000
|
2,000
250

$2,000
and
over

Per $100 of loans and investments
Interest and disccrant on
loans and investments
Otiie^earnings
To^al earnings
Salaries and images
Interest on gross deposits
Other expenses
Net earnings (> f - « hss^sj
( e»v ?
Net losses
Total expenses and losses

$

1

l-i G Z ^^trx'TrTrTTT Tr-d y r o l l u S

7.28
.81
8.09
2.50
2.82
1.88
.89
2.39
9.59
-1.50
26.57
109.91

Invested capital
Gross deposits

$

6.81
.56
7.37
1.88
2.95
1.42
1.12
1.52
7.77
- .40
18.35
108.22

$
!
;
1
|
1
1

$

6.53
.56
7.09
1.62
3.15
1.19
1.13
1.10
7.06
.03
15.54
108.49

6.60
.47
7.07
1.37
3.46
.98
1.26
1.09
6.90
.17
13.13
111.08

|

1

J

6.14
-.40
6.54
1.21
3.30 !
.83 ;
1.20
.65
r- no
.55
12.00
110.93

'4

$

6.08
.55
6.63
1.11
3.43
.91
1.18
.92
6.37
.26

j
1

j
j

1

5.73
.70
6.42
1.14
2.98
1.07
1.23

.56
5.75
.67

12.38
111.84

11.57
111.23

9.88
1.77

11.82
6.50

Per $100 o f invested capital
Net earnings ("before losses)
Net addition && profits

4.61
-5.25

6.63
-1.81

7.98
.40

10.18
1.58

10.70
4.88

Per §100 of gross deposits
Time deposits
Invested capi t a l
Interest on deposits




i

48.27
24.37
2.59

56.29
17.34
2.73

67.08
11.96
3.13

60.51
14.73
2.92
1

68.64
10.94
2.97

69.47 1
11.17 !
3.09
- •'

-4

69.02
10.55
2.70

Table X l l - d

Typical Operating R a t i o s of Iov/a S t a t e Banks by S i z e Groups
1928

Income a n d
balance sheet items

Under
#150

T y p i c a l r a t i o s of b a n k s g r o u p e d b y l o a n s a n d i n v e s t m e n t s
( i n t h o u s a n d s of <io l i a r s )
$1,000
$250
$750
$150
$500
to
to
to
to
to
2,000
750
1,000
250
500
P e r $100 of

I n t e r e s t a n d d i s c o u n t on
loans and investments
Other* e a r n i n g s
u?o1;c4> e a r n i n g s
S a l a r i e s and wages
I n t e r e s t on g r o s s d e p o s i t s
Other expenses
.
N e t e a r n i n g s < M ^ l**$c*J
ITet l o s s e s
T o t a l expenses and l o s s e s
ITet add"T"trrDWr 4rO- p r o f i t s
Invested capital
Gross deposits

$

7.26
.62 |
7.88
2.39
2.77
1.73
.99
1.63
8.52
- .64

$

24.01
114.04

$

6.76
»69
7.45
1.93
2.86
1.39
1.27
1.21
7.39
.06
18.29
109.07

6.54
.61
7.15
1.57
3.05
1.13
1.40
1.11
6.86
.29

Loans a n d
$

i

$2,000
and
over

investments
$

6.26
.58
6.84
1.42
3.24
.94
1.24
.76
6.36
.48

6.09
.40
6.4-9
1.25
3.08
.90
1.26
.69

$

5.80
.77
6.57
1.13
3.09
1.02
1.34
.71
5.95
.62

.57

12.99
110.95

P e r $100 of

invested

6 • 11
.51
6.62
1.09
3.32
.90
1.31
.79
6.10
.52

12.23
111.54

15.44
109.80

«
>
|

11.96
110.94

11.39
111.64

11.82
4.60

12.95
5.89

71.14
10.90
3.02

68.21
10.34
2.77

capital

t

Net e a r n i n g s

(before

losses)

i>! OX. tlCtCti^'lXTTT -&& p r O J. I T S

7.47
.77

4.86
-2.48

9.82
2.77

10.31
3.79

P e r $ 1 0 0 of g r o s s
Time d e p o s i t s
Invested capital
I n t e r e s t on d e p o s i t s




47.82
21.91
2.47

j

53.64
17.23
2.64

59.65
14.32
2.77

64.37
11.86
2.94

11.36
5.49
deposits
64.72
11.07
2.77

f
qp ^

<>
*

Table Xll-e - Typical Operating Ratios of Iowa State Banks by Size Groups
1929

Income and
"balance s h e e t items

Under
$150

l y p i c a l r a t i o s of banks grouped by l o a n s and i n v e s t m e n t s
(in thousands of d o l l a r s )
$250
$500
$750
$1,000
$150
to
to
to
to
to
2,000
250
500
750
1,000

$2,000
and
over

P e r $100 of l o a n s and i n v e s t m e n t s

I n t e r e s t and d i s c o u n t on
l o a n s and i n v e s t m e n t s
Other, e a r n i n g s
Total earnings
S a l a r i e s and wages
I n t e r e s t on g r o s s de-posits
Other expenses
Net e a r n i n g s (ke-forc losses}
Net l o s s e s
T o t a l expenses and l o s s e s
Net addition,- t-o- prof i t s
Invested c a p i t a l
Gross d e p o s i t s

$

7.32

§

6.94

$

6.62

$

6.45

\p

6.23

$

6.25

0

6.03

.76

.72

.60

.56

.44

.62

.70

8.08
2.37
2.64
1.74
1.33
1.10
7.85

7.66
1.90
2.80
1.42
1.54
1.22
7.34

7.22
1.56
2.84
1.17
1.65
1.00
6.57

7.01
1.36
3.09

6.67
1.26
2.93

6.87
1.17
3.24

.92

.95

.93

1.64

1.53

1.53

6.73
1.15
3.03
1.03
1.52

.78

.72

.77

.77

6.15

5.86

6.11

5.98

.23

.32

.65

.86

.81

.76

.75

23.48
108.96

18.86
107.65

14.83
107.66

12.69
109.20

12.37
109.19

12.13
109.99

11.65
108.64

13.82
6.51

15.37
7.12

66.90
11.13
2.95

67.89
10.92
2.79

P e r $100 of i n v e s t e d c a p i t a l
Net e a r n i n g s (before l o s s e s )
Met arddifcion* ^e- pro f i t s

6.26
.87

8.34
2.05

12.23
5.27

13.61
6.94

13.21
7.05

P e r $100 of g r o s s d e p o s i t s
Time d e p o s i t s
Invested c a p i t a l
I n t e r e s t on d e p o s i t s




46.82
22.15
2.44

53.78
13.21
2.61

59.01
14.04
2.65

66.51
11.71
2.84

63.69
11.52

2.69 J

Table X l l - f - T y p i c a l Operating R a t i o s of Iowa S t a t e Banks by S i z e Groups
1930
j
Income and
"b a lane e s lie e t i t ems

Under
$150

T y p i c a l r a t i o s of "banks grouped "by loans and i n v e s t m e n t s
( i n thousands of d o l l a r s )
|
#150
$1,000 1
j
$750 1
$250
! $500
1
to
to
to
I
to
to
!
1,000
2,000 !
1
250
i
500
!
750

$2,000

and
over

Per $100 of loans and i n v e s t m e n t s
I n t e r e s t and d i s c o i m t on
l o a n s and i n v e s t m e n t s
Other, e a r n i n g s
XtT* Otl-t

i$

LJtJ.XIlX.tIgo

S a l a r i e s and -wages
I n t e r e s t on g r o s s d e p o s i t s
Other expenses
Net e a r n i n g s Qxa-fo-re f*ssesJ
Net l o s s e s
T o t a l expenses and l o s s e s
Net sidfetion fre- p r o f i t s

7.75
.81
8.56
2.62
2.74
1.83
1.37
1.39
8.58
- .02

$
1

25.18
104.30

Invested c a p i t a l
Gross d e p o s i t s

7.11
.79
7.90
1.97
2.84
1.47
1.62
1.12
7.40
.50
19.96
103.06

$

6.74
.68
7.42
1.62
2.97
1.17
1.66
1.16
6.92
.50

$

j

15.27
105.15

j

P e r $100 of
Net e a r n i n g s ("before l o s s e s )
Net a d d i t i 3 n -fee p r o f i t s

1

5.72
- .16 '•

8.74
2.63

11.37
3.58

6.56
.55
7.11
1.44
3.18
.98
1.51
.76
6.36
.75
13.29
108.37

.53
6.75
1.35
2.87
1.07
1.46
.86
6.15
.60

6.09
.66
6.75
1.17
3.28
.95
1.35
.90
6.30
.45

12.72
107.69

12.06
109.21

11.90
110.48




1
|
j

46.81

25.08 1
2.64

|

53.78
20.21
2.77

58.68
14.80
2.84

11.73
6.05

1
!

$

12.40
3.67

12.11
4.15

60.72
11.20 I
3.04

59.33
10.88
2.73

j

5.87
.84

1

6.71

1

1.27
3.02
1.08
1.34
.88

6.25

.46

invested c a p i t a l
12.34
5.05

P e r $100 of g r o s s d e p o s i t s
Time d e p o s i t s
Invested c a p i t a l
I n t e r e s t on d e p o s i t s

$

'<§> 6 • 2,2,

59.59
12.37 |
2.95

,

57.61
11.99

2.68 1

f \

1-•y,

fc^

Tf

-100 =Table XIII - Volume of Production, Wholesale Prices and Commercial Failures
1890-1931

Year

Index of
1
physical production(l)
1

Index of wholesale prices*-^'

average
1909-1913 = 100 j
1890
1891
1892
1893
1894
1895
1896
1897
1898
1899
1900
1901
1902
1903
1904
1905
1906
1907
1908
1909
1910
1911
1912
1913
1914
1915
1916
1917
1918
1919
1920
1921
1922
1923
1924
1925
1926
1927
1928
1929
1930
1931
v

47.2
55.0
51.6
48.7
47.8
57.1
56.5
60.3
65.5
66.7
67.4
68.1
79.0
77.5
80.2
88.7
94.1
90.8
83.0
94.3
97.4
93.3
108.3
106.7
105.8
115.2
123.3
126.8
125.9
123.6
133.1
105.7
130.0
148.7
139.6
151.7
155.5
152.5
158.7
163.5
136.4
•

1
1

;
|

|
i

Business failures
per hundred active
concerns (3)

1926 * 100

66.2
55.8
52.2
53.4
47.9
48.8
46.5
46.6
48.5
52.2
56.1
55.3
58.9
59.6
59.7
60.1
61.8
65.2
62.9
67.6
70.4
64.9
69.1
69.8
68.1
69.5
85.5
117.5
131.3
138.6
154.4
97.6
96.7
100.6
98.1
103.5
100.0
95.4
96.7
95.3
86.4
73.0

:
i

!

1.07
1.21
.99
1.46
1.21
1.23
1.40
1.20
1.06
.85
.85
.88
.80
.76
.79
.73
.66
.70
.94
.76
.72
.77
.82
.84
.95
1.07
.92
.71
.51
,29
.43
.97
1.08
.89
.89
..84
.88
.89
.90
.89
1.10
1.25

' Warren M. Persons, Forecasting Business Cycles, p. 170.
(2)
United States Bureau of Labor Statistics.
(3) Bradstreot's, February -21, 1931 and January 23, 1932. Consists of retail, wholesale, jobbing, manufacturing, commercial service, contracting and banking companies.



- 100 Table XV - Loans and Investments, Earnings and Expenses of All National Banks
1890-1931
(in thousands of dollars)
Gross
Loans and
Gross
Expenses Net e a r n i n g s
before losses l o s s e s ^ /
investments earnings

YearC1)
1890
1891
1892
1893
1894
1895
1896
1897
1898
1899
1900
1901
1902
1903
1904
1905
1906
1907
1908
1909
1910
1911
1912
1913
1914
1915
1916
1917
1918
1919
1920
1921
1922
1923
1924
1925
1926
1927
1928
1929
1930
1931

$ 2,229,891 ! $144,614
2,258,753 151,335
2,461,124 148,559
2,365,096 151,695
2,379,646 139,725
1 2,463,811 135,459
2,435,462 142,443
2,461,823 137,728
2,718,675 143,394
3,159,498 156,520
3,418,788 193,649
3,866,624 188,286
! 4,191,446 221,278
,
4,507,077 234,583
1
4 , 7 5 3 , 1 7 3 249,412
, 5,169,000 248,584
5,520,289 279,312
6,099,632 314,702
6,213,095 332,454
6,709,539 348,674
7,067,863 402,665
7,396,624 428,973
7,835,034 450,043
8,051,723 499,252
8 , 3 6 0 , 4 4 3 515,624
8,733,514 527,985
10,121,056 590,642
11,865,511 667,406
13,606,455 813,997
15,639,433 931,826
16,609,064 1^53,028
15,160,150 1,225,897
15,820,737 1,109,050
16,897,804 1,100,508
1 7 , 1 3 1 , 1 3 1 1,109,054
18,413,863 1JL63,783
19,269,646 1,236,223
20,358,702 1,276,382
22,302,581 1,380,875
21,467,858 1/160,128
21,785,375 1,458,962
20,860,112 1,344,076

I 51,266
55,036
58,682
60,909
59,683
59,990
61,006
61,153
62,182
68,498
72,714
77,667
85,235
93,121
103,050
112,206
120,448
131,544
150,551
177,035
209,785
232,062
253,731
284,516
301,425
322,451
370,903
410,753
510,185
610,780
736,390
829,906
732,990
733,582
766,044
798,714
841,666
882,374
957,661
986,882
999,066
948,024

I 93,348
96,299
89,877
90,786
80,042
75,468
81,437
76,574
81,212
88,022
120,936
110,598
136,044
141,462
146,362
136,379
158,863
183,158
181,903
171,640
192,882
196,912
191,313
214,756
214,200
205,535
219,740
256,653
303,812
321,046
396,638
395,991
376,060
363,926
343,010
365,069
394,557
394,008
423,214
473,246
459,896
396,052

# 21,292
20,535
23,219
22,035 I
38,087
28,602
31,695
32,301
31,179
33,675
33,659
28,745
29,462
31,580
33,425
30,470
31,337
30,922
50,588
40,454
38,714
39,926
42,256
53,756
. 64,930
78,482
62,196
62,332
91,480
80,680
114,555
179,885
192,390
160,438
147,304 i
141,134
145,390
141,689
153,056
171,442
213,635
343,511

Met p r o f i t s
available for
dividends
$ 72,056
75,764
66,658
68,751
41,955
46,866
49,742
44,273
50,033
54,347
87,277
81,853
106,582
109,382
112,937
105,909
127,526
152,236
151,335
131,186
154,168
156,986
149,057
160,980
149,270
127,053
157,544
194,321
212,332
240,366
282,083
216,106
183,670
203,483
195,706
223,955
249,167
252,319
270,158
301,804
246,261
52,541

K±) For loans and investments as of call nearest June 30 in each year; for
earnings and expenses for fiscal years ending August 31, 1890-1906; ten
months September 1, 1906-June 30, 1907; fiscal years ending June 30,
1908-1931.
v w In the earlier years, recoveries were not given separately but were
included in gross earnings* Therefore, gross losses were used for all
years.
Source: Annual reports of the Comptroller of the Currency,




.-••109

-

Table XVI - Distribution of Gross Earnings of National Banks in
the United States, 1918-1931
(in millions of dollars)
Year
Total
endInterest
gross
ing
and
earnJune
discount
ings (l)
30
1918 $ 814
1919
932
1920 1,133
1921 1,226
1922 1,109
1923 1,101
1924 1,109
1925 1,164
1926 1,236
1927 1,276
1928 1,381
1929 1,460
1930 1,459
1931 1,344

$

744
846
1,012
1,106
955
940
966
976
1,047
767
817
894
904
762

Interest
Domestic
Profits
on
Reexchange Foreign Trust Interest
All
balances on seand col- exchange depart- on incovcurities
other
with
lection charges ment
vestments
eries
other
sold
charges
banks
$17
18
27
20
16
15
15
17
18
16
17
18
18
15

$21
16
11
7
lo
15
14
13
12
14
15

$ 5
6
8
11
16
21
23
27

$273
311
320
299
320

$27
27
23
23
28

$53
59
35
42
50

$16
21
24
24
42
51
54
40
44
34
37
36
32
35

$ 36
47
70
54
80
83
81
112
105
82
83
101
105
91

v1; Includes recoveries, to be comparable with the longer series given previously
where recoveries were not reported separately.
Source: Annual reports of the Comptroller of the Currency.




_ ^ ^ -

Table XVII - Distribution of Expenses of National Banks in the United States,
1918-1931
(in millions of dollars)
Year
Interest
Salaries and dis- Interest Interest
end- Total
on
and
count on on bank
ing expenses Taxes
demand
wages
borrowed deposits
June
deposits^ '
money
30
1918
1919
1920
1921
1922
1923
1924
1925
1925
1927
1928
1929
1930
1931

$510
611
736
830
733
737
766
799
842
882
958
987
999
948

$52
65
79
87
79
67
66
66
69
70
69
66
66
64

$114
139
175
203
198
202
210
218
230
243
263
272
276
276

$20
54
83
119
48
26
27
14
19
20(2)
19
36
28
9

$56(2)
57
46
42
46

$243
250
288
292
294
320
338
374
388
126(2)
129
127
129
106

Interest
on time
deposits

$224(2;
266
281
287
288

Other
expenses

$ 81
90
111
129
132
121
124
127
136
142
155
159
171
159

v1/ Includes interest on bank deposits and time deposits for years prior to
1927.
(2)
$10,000,000 was reported as interest not classified. In this table it is
distributed among interest and discount on borrowed money> interest on
bank deposits, interest on demand deposits, and interest on time deposits
to the amount of $2, $2, $3 and $3 millions, respectively.
Source: Annual reports of the Comptroller of the Currency.




—191 -

Table XVIII - Loans and I n v e s t m e n t s , Earnings and Expenses of Kansas S t a t e B a n k s ^ 1 '
1902-1929
(in thousands of dollars)
Year^2)

1902
1903
1904
1905
1906
1907
1908
1909
1910
1911
1912
1913
1914
1915
1916
1917
1918
1919
1920
1921
1922
1923
1924
1925
1926
1927
1928
1929

Loans and
Gross
investments earnings .Total
$ 32,483
37,677
40,510
44,657
50,985
61,514
60,854
75,593
84,878
83,510
92,200
99,155
102,929
115,170
132,705
162,615
208,155
245,510
287,313
266,724
244,192
240,024
219,649
224,299
223,201
210,113
207,265
207,693

$ 3,433 $ 1,616
1,929
3,866
4,172
2,019
4,644
2,442
5,042
2,602
2,982
5,597
3,241
6,217
7,542
4,236
4,308
7,856
7,806
4,605
5,026
8,550
5,445
9,230
9,209
5,837
10,464
6,527
7,344
12,183
14,332
9,112
16,872
11,399
13,949
20,349
23,264
16,773
17,346
22,423
20,616
15,851
19,517
15,040
15,311
19,210
15,122
19,316
14,235
18,703
17,604
13,286
17,564
12,947
12,600
17,385

Expenses
Gross
Net
Salaries
Interest
Other
losses profits
and wages on deposits expenses
$

769
859
935
1,051
1,179
1,325
1,458
1,653
1,863
2,000
2,131
2,255
2,354
2,529
2,747
3,115
3,766
4,584
5,696
5,960
5,660
5,490
5,568
5,352
5,199
5,011
4,950
4,960

#

248
282
359
412
503
604
708
797
910
1,007
1,239
1,456
1,623
1,847
2,223
3,178
3,772
4,291
4,937
4,820
4,702
4,437
4,508
4,625
4,293
3,909
3,725
3,566

599 $ 306 $1,511
788
216 1,721
725
187 1,966
979
319 1,883
920
232 2,208
1,053
371 2,244
472j 2,504
1,075
1,786
3611 2,945
417 3,131
1,535
1,598
322 2,879
1,656
398! 3,126
1,734
6421 3,143
1,860
480 i 2,892
2,151
493 3,444
2,374
635 4,204
2,819
849 4,371
3,861
830 4,643
5,074
978 5,422
6,140
1,437 5,054
2,093 2,984
6,566
5,489
2,575 2,190
: 5,113 2,514 1,963
5,235
2,262 1,637
5,145
2,519 1,675
2,955 1,513
4,743
4,366
2,923 1,395
4,272
2,430 2,187
4,074 1 2,117 2,668
I

{±J Includes Kansas State and private banks and trust companies,
(2) For loans and investments as of call nearest June 30 in each year; for earnings and expenses for years ending December 31.
Source: Biennial reports of the Bank Commissioner of the State of Kansas.




Table XlX-a - Loans and Investments Earnings and Expenses of Reserve City
N a t i o n a l Banks i n N o r t h e a s t e r n S t a t e s (1)
( E x c l u s i v e of New York City)
1890-1931

Year^

1890
1891
1892
1893
1894
1895
1896
1897
1898
1899
1900
1901
1902
1903
1904
1905
1906
1907
1908
1909
1910
1911
1912
1913
1914
1915
1916
1917
1918
1919
1920
1921
1922
1923
1924
1925
1926
1927
1928
1929
1930

1931

2

Amounts per $100 of
Amount s i n thousands cr£ d o l l a r s
loans and investme n t s
)
Gross. . i Net
ExLoans and j Gross
Gross
ExNet
Gross, <
investments earnings penses losses ^' 1 profits earnings penses l o s s e s ^ / p r o f i t s
Li
i
$8,186 | 5 . 0 0 $1.89
\$ 367,401 $18,336 $6,909 $ 3,241
$2.23
$ .88
356,094
19,572 7,178
2,237 10,157
5.50
2.02
.63
2.85
394,339
19,119 7,433
8,248
2.09
3,438
1.88
.88
4.85
365,894
19,359 7,690 i 2,103
9,566
2.10
.58
2.61
5.29
393,597 | 19,646 7,876
4,250
7,520
2.00
1.08
1.91
4.99
1.98
1.72
2,668 1 6,860
4.37
.67
398,385 i 17,405 7,877
394,482
19,926 ! 8,194
3,809
7,923
2.06
.96
1.98
5.00
424,976
19,874 8,447
3,192
8,235
4.68
1.99
.75
1.94
438,770
19,850 8,674
3,711
.84
1.70
7,465
4.52
1.98
20,981 9,360
519,735
5,228 .'6,393
1.80
1.01
4.04
1.23
3,370 12,280
2.40
437,314
2.81
5.98
26,165 10,515
.77
591,546 • 24,844 11,081
.60
3,551 10,212
4.20
1.87
1.73
.47
1.92
i
614,234
26,290 11,630
2,896 11,764
1.89
4.28
1
,648,040
30,028 12,954
3,192 13,882 '• 4 . 6 3
2.00
.49
2.14
633,771
31,234 14,490
4,813 11,931
2.29
.76
1,88
4.93
716,953
30,845 15,292
3,164 12,389
.44
4.30
2.13
1.73
7 28,293
35,054 16,838
3,366 14,850
4.81
2.31
.46
2.04
772,009
37,720 17,460
3,149 17,111
2,26
.41
4.89
2.22
750,296
38,868 19,304
7,199 12,365
5.25
2.61
.97
1.67
832,180
38,473 21,278
5,018 12,177
4.62
2.56
.60
1.46
811,950
42,977 23,948
4,107 14,922
2.94
.51
1.84
5.29
852,178
43,118 25,410
5,291 12,417
2.98
5.06
.62
1.46
900,149
46,930 28,852
5,034 13,044
5.21
3.20
.56
1.45
896,091
52,144 31,376
5,883 14,885
3.50
5.82
.66
1.66
909,330
51,174 32,910
7,161 11,103
3.62
.79
5.64
1.23
923,936
52,330 33,578
9,844
8,908 i 5.66
3.63
.96
1.07
1,109,949
59,930 39,702
5,578 14,650 ! 5.41
1.32
3.58
.51
1,264,970 i 67,475 44,249
5,772 17,454
5.34
3.50
.46
1.38
1,532,647 | 85,635 53,470
8,360 23,305
3.49
.55
5.59
1.55
1,813,712
99,318 64,7 24
8,067 26,527
3.58
.44
5.48
1.46
1,688,946 115,779 74,186 11,503 30,090
4.39
6.85
.68
1.78
1,557,259 122,255 78,121 21,178 22,956
5.02
1.36
7.85
1.47
1,630,859 103,922 67,061 19,845 20,016
4.11
1.22
6.56
1.23
1,886,440 107,671 69,674 11,487 26,510
3.69
.61
1.41
5.71
1,837,783 110,543] 73,406 16,866 20,271
3.99
.92
6.01
1.10
2,088,490 120,394 80,100 14,905 25,389
5.76
3.84
.71
1*21
2,142,091 125,233 82,995 12,570 29,668
3.86
5.85
.60
1.39
2,209,720 130,062 88,732 16,030 25,300
5.89
4.02
.73
1.14
2,247,912 131,316 89,675 16,236 25,405
5.84
3.98
.72
1.13
2,086,228 136,528 90,015 23,044 23,469
6.54
4.32
1.10
1.12
2,257,252 139,440 90,928 23,172 25,340
6.18
4.03
1.03
1.12
2,305,093 131,775 90,086 30,924 10,765
3.91
5.72
1.34
.47
1

( ! ) See f o o t n o t e 1 , Table I l - a .
( 2 ) See f o o t n o t e 1 , Table XV*
( 3 ) See f o o t n o t e 2, Table XV.
Source: See s o u r c e , Table XV,




New England and Middle A t l a n t i c S t a t e s combined,

- 195 Table XlX-b - Loans and I n v e s t m e n t s , Earnings and Expenses of Country N a t i o n a l Banks
in Northeastern States\1)
1890-1931
*

\\t\»

» • nun ii

m i.MI

•

Amounts p e r $100 o f
l o a n s and i n v e s t m e n t s
Y e a r ^ ) Loans and
Net
Gross
Net
Gross
ExGross
"TFolfs
Expenses
5
[ i n v e s t m e n t s learnings
losses ( 3 ) p r o f i t s earnings p e n s e s losses^" ' p r o f i t s
Amouni; s i n th<s u s a n d s oJ? d o l l a r s

2

1890
1891
1892
1893
1894
1895
1896
1897
1898
1899
1900
1901
1902
1903
1904
1905
1906
1907
1908
1909
1910
1911
1912
1913
1914
1915
1916
1917
1918
1919
1920
1921
1922
1923
1924
1925
1926
1927
1928
1929
1930
1931

6 1 7 , 9 0 7 0 3 8 , 7 1 3 $ 1 1 , 6 7 0 $ 6 , 8 6 4 $ 2 0 , 1 7 9 y6 • 26
37,274
5,857 19,650
617,866
11,767
6.03
647,676
36,328
12,182
6,174 17,972
5.62
12,784
6,400 19,262
670,946
38,446
5.73
35,800
13,250
7,314 14,736
|
653,372
5.43
675,849
35,639
13,435
7,735 14,469
5.27
691,679
37,460
13,937
6,949 16,574
5.42
686,905
36,968
14,261
8,297 14,410
5.38
696,760
36,609
13,752
8,618
14,239
5.25
760,261
15,942
41,085
3,802 16,341
5.40
814,483
41,067
13,525
8,321 18,721
5.04
882,685
8,944 19,969
45,796
16,883
5.19
953,528
17,624
7,579 20,908
46,211
4.85
1,027,929
51,161
19,105
7,326 24,730
4.98
1,053,959
52,466
20,439
3,505 23,522
4.98
1,118,524
21,991
54,063
7,771
24,301
4.83
1,211,062
55,788
22,481
6,444 26,863
4.61
1,305,125
62,028
25,723
6,389 29,916
4.75
1,316,258
68,497
30,198 10,814 27,485
5.20
69,041
1,395,060
33,235
9,779
26,027
4,95
1,493,356
77,541
39,027
7,542 30,972
5.19
1,554,349
81,304
43,580
7,607 30,117
5.23
; 1,662,396
86,363
48,154
.'7,573 30,538
5.20
95,699
1,736,751
53,623 10,138 31,938
5.51
1,791,369 103,219
57,188 14,722 31,309
5.76
1,835,943 101,589
61,538 17,974 22,077
5.53
2,006,538 118,938
71,123 13,339 31,426
5.93
2,269,254 121,289
74,085 12,533 34,571
5.34
2,363,658 130,853
84,651 16,510 29,692
5.54
2,777,667 146,242
96,887 14,155 35,200
5.26
3,016,147 174,613 110,609 24,210 39,794
5.79
3,095,711 194,378 126,643 32,344 35,391
6.28
3,192,396
203,041 131,417
24,429 47,195
6.36
3,588,777
214,976 140,629
20,523 53,824
5.99
3,775,147 229,373 154,808
20,019 54,546
6.08
4,073,961 249,711 167,589 18,850 63,272
6.13
4,324,838
266,957 181,357 19,610 65,990
6.17
4,486,110 277,199 190,628 23,740 62,831 • 6.18
4,847,393 300,662 206,671 24,152 69,839
6,20
4,924,664 306,449 216,040 26,651 63,758
6.22
4,835,154 i 310,168
217,047 40,297 52,824
6.41
4,582,059 291,588 211,262 88,960 - 6 , 6 3 4
6.36
#

§1.39
1.90
1.88
1.91
2.03
1.99
2.02
2,07
1.97
2.10
1.66
1.91
1.85
1.86
1.94
1.97
1.85
1.97
2.29
2.38
2.61
2.80
2.90
3.09
3.19
3.35
3.54
3.26
3.58
3.49
3.67
4.09
4.12
3.92
4.10
4.11
4.19
4.25
4.26
4.39
4.49
4.61

§1.11
.95
.96
.95
1.20
1.14
1,00
1.21
1,24
1.15
1.08
1.01
.81
.71
.81
.69
.54
.,49
.82
.70
.51
.49
.46
.58
,82
.98
.82
.56
.70
.51
,80
1,05
.76
.57
.54
.46
.45
.53
..50
,54
.83
1.90

$3.26
3.18
! 2.78
2.87
2.25
! 2,14
2.40
2.10
2.04
2.15
2.30
2.27
2.19
2.41
2.23
2.17
2.22
2.29
2.09
1.87
2.07
1.94
1.84
1.84
1.75
1.20
1.57
1.52
1.26
1.27
1.32
1.14
1.48
1.50
1.44
1,55
1.53
1,40
1.44
1.29
1.09
- .14

v 1 ) See f o o t n o t e 1 , Table I I - a , N e w England and Middle A t l a n t i c S t a t e s combined.
( 2 ) See f o o t n o t e 1 , Table XV.
( 3 ) See f o o t n o t e 2, Table XV,
Source: See s o u r c e , Table XVt




Table XX-a - Loans and Investments Earnings and Expenses of Reserve City
N a t i o n a l Banks i n Mid-continent S t a t e s ^ )
1890-1931
Amounts p e r $100 of
loans and investments
Year^ 2 ) Loans and
Gross
Gross
Gross 1 Ex- 1 G r o s s j Net
Expenses
profits
investments earnings
losses ^ ' profits earningsj penses losses
(3)
$2.34
1890
% ,56
|$ 122,502 % 6,026 $ 2,461 % 686 $2,876 # 4 . 9 1 $2.01
1891
!
116,515
8,881
3,635
1,785
3,461
7.62
3..12
1.53
2.97
1892
8,486
4,086
2,525
7.00
1.55
2.08
!
121,207
1,875
3 . 37
3,889
2.51
1893
117,180
8,492
1,675
2,928i 7.25
3.31 j 1.43
5,079
392
4.82
.37
1894
9,190
3,719
8.72
3.53
:
105,447
1895
108,419
7,489
3,570
2,465
1,454
2.27
1.35
6.91 | 3.29 1
6,974
3,481
2,036
1896
109,199
1.86
1,33
1,457
6.39 | 3.19
1897
102,113
7,729
3,312
3,718
690
3.24
3.65
.68
7.57
2.10
1.37
1898
123,731
7,731
3,441
2,597
1,693
6.25
2.78
1899
8,994
3,606
3,269
2,119
1.34
157,439
2.08
5.71
2.29
1900
274,876
12,307
4,066
5,156
1.48
1.12
1.88
3,077
4,48
1901
10,415
4,549
1,539
.64
1.84
236,455
4,327
1.92
4.40
1902
265,456
5,591
2,256
5,858
.85
2.20
13,705
2.11
5.16
1903
292,053
14,600
5,972
4,189
4,439
2.04
1.43
1.53
5.00
1904
306,999
16,024
6,996
2,282
6,746
.74
2.20
5.22
2.28
1905
340,123
17,158
7,882
2,639
1.94
6,637
.78
5.04
2.32
1906
375,385
19,062
8,482
2,323
8,257
2.20
2.26
.62
5.08
2.08
1907
434,554
9,911
2,466
.57
21,415
9,033
4.93
2.28
1908
414,604
23,951 11,881
4,686
7,384
5.78
1.12 ! 1.79
2.87
1909
483,163
26,462 13,684
1.79
4,089
8,689
2.83
.85
5.47
1910
516,385
31,499 18,092
2,781 10,626
.54 | 2.05
6,10
3.51
1911
538,555
33,213 19,295
3,186 10,732
1.99
3.58
.60
6.17
1912
563,150
35,323 21,907
3,284 10,132
.58
1.80
3.89
6.27
1913
583,659
39,649 23,946
9,520
6,183
1.06
6.79
4.10
1.63
1914
575,421
40,058 24,879
4,179 11,000
4.32
.73
1.91
6.96
1915
595,674
40,360 25,009
5,030 10,321
.84
4.20
1.73
6.77
1916
702,787
42,178 27,934
4,108 10,136
6.00
.58
1.45
3.97
1917
903,652
52,801 33,620
4,164 15,017
5.84
1.66
3.72
.46
1918
986,346
64,615 43,141
5,618 15,856
1.61
6.55 ! 4.37
.57
1919
1,179,064
72,991 52,264
5,370 15,357
1.30
6,19 i 4 . 4 3
.46
1920
1,238,080
97,656 69,303
5,607 22,746
7.89
5.60 i
' 1.83
.46
1921
1,029,560 100,516 71,338
12,348 16,830
9.76
1.20
i 1.63
6.93
1922
1,114,510
84,238 58,822
14,634 10,782
7.56
5.28 | 1.31 ! .97
1923
1,240,660
83,861 61,906
13,752
8,203 | 6.76
4.99 | 1.11
.66
1924
1,181,108
85,703 62,988
15,300
7,415
1.30
7.26
5.33
.63
1925
1,374,742
87,485 62,921
11,448 13,116
6.36
4.58
.83
.95
1926
1,435,917
92,780 65,000
11,158 16,622 | 6.46
.78
4.53
1.15
1927
1,491,406
95,851 69,204
11,427 15,220
4.64
.77
6.43
1.02
1928
1,517,322
94,179 67,388
9,373 17,418
6.21
.62
4.44
1.15
1929
1,486,515 102,979 70,550
12,642 19,787
6.93
4.75
.85
j 1.33
1930
1,349,927
98,135 67,883
10,266 19,986
7.27
..76
1.48
5.03
1931
1,335,321
88,504 63,339
13,298 11,867
4.74
1.00
6.63
.89
Amou.n1;s i n t h ousands o.f d o l l a r s

(1) See f o o t n o t e 1 , Table I I - a , Southwestern and Western Grain S t a t e s combined.
( 2 ) See f o o t n o t e 1 , Table XV*
(3) See f o o t n o t e 2, Table XV,
Source: See s o u r c e , Table XV,




•*~195 •Table XX-b - Loans and Investments Earnings and Expenses of Country N a t i o n a l Banks
i n Mid-continent S t a t e s l l )
1890-1931
Amounts p e r $100 of
l o a n s and _imr_as_tme.]i t s
Y e a r ( ) Loans and
Gross i
Gross
Net
Gross
3xGross
Net
investments earnings Expenses l o s s e s ^ ' profits earnings pensos losses^ 0 ' profits
Amounts i n thousands oa? d o l l a r s

2

1890
1391
1892
1893
1894
1895
1396
1897
1898
1899
1900
1901
1902
1903
1904
1905
1906
1907
1908
1909
1910
1911
1912
1913
1914
1915
1916
1917
1918
1919
1920
1921
1922
1923
1924
1925
1926
1927
1928

1929
1930
1931

»

175,755 i$17,506 ! | 3,751 $ 2,034
6,797
1,893
193,391
17,066
202,357
17,354
7,269
2,868
199,317
17,822
7,544
3,076
14,602
3,549
173,665
6,813
174,955
14,451
6,766
2,656
168,620
14,500
6,776
2,979
6,285
156,129
13,158
2,971
171,712
14,567
6,474
2,987
6,829
2,543
195,192
15,573
7,387
2,899
1 229,865
18,006
!
282,504
20,610
8,245
2,806
334,720
23,810
9,362
2,646
358,445
26,330 10,639
2,975
380,510
28,347 12,015
3,227
421,711
30,290 13,354
3,134
492,595
34,247 14,826
3,787
563,295
39,308 16,694
3,239
561,730
38,310 18,334
3,594
609,874
42,687 20,995
4,062
3,920
664,855
48,328 24,906
664,885
51,250 28,007
4,146
700,445
55,305 31,530
4,387
769,309
61,391 35,322
4,614
798,694
64,805 38,878
5,608
818,201
66,192 41,637
5,815
895,743
7 2,401 45,387
5,920
1,046,163
81,157 50,980
5,652
1,224,396
93,319 61,438
5,759
1,406,981 104,963 71,321
7,821
1,653,237 127,350 86,761
8,472
1,415,269 137,475! 102,620-. 18,238
1,443,623 120,426 91,866
23,945
1,520,059 120,262 89,629
23,156
1,453,651 113,070 89,490
23,493
1 1,509,636 117,792 37,127
23,251
1,529,145 118,678 86,496
21,328
1 1,471,955 114,709 82,846
23,134
1,635,065 122,101 86,680
22,255
23,209
1 1,679,315 i 128,323 86,938
1,561,010 ! 127,498 87,001
23,565
1,402,711 ' 110,969 80,078
25,941

,

$8,724
8,376
7,208
7,201
4,240
5,029
4,745
3,902
5,106
6,201
7,720
9,559
11,802
12,716
13,105
13,802
15,634
19,375
16,382
17,630
19,502
19,097
19,338
21,455
20,319
18,740
21,094
24,525
26,122
25,821
32,117
16,617
4,615
7,477
5,087
7,414
10,854
8,679
13,166
18,176
16,932
.4,950

$9.96
3.82
8.57
8.94
3.41
8.26
8.60
8.43
3.48
7.98
7.83
7.30
7.13
7.35
7.45
7.18
6.95
6.98
8.82
7.00
7.27
7.71
7.37
7.98
3.11
8.09
8.08
7.76
7.62
7.46
7.70
9.71
8.34
7.91
8.12
7.30
7.76
7.79
7.47
7.64
8.16
7.91

|3.84
3.51
3.59
3.78
3.92
3.87
4.02
4.03
3.77
3.50
3.21
2.93
2.80
2.97
3.16
3.16
3.01
2,96
3.26
3.44
3.76
4.21
4.50
4.59
4.37
5.09
5.07
4.88
5.02
5.07
5.25
7.25
6.36
5.90
6.16
5.77
5.66
5.63
5.30
5.18
5.57
5.71

$4.96
4.33
3,56
1.42
1.54
3.62
2.05 , 2.44
1.52
2.87
1.77
2.81
1.90
2.50
1.74
2.97
1.30
3.18
1.26
3.36
.99
3.38
.79
3.54
.83
3.55
3.44
,85
.74
3.28
3.17
,77
.57
3.45
.64
2.92
.67
2.89
.59 2.92
.62
2.88
.62
2.75
.60
2.79
2.54
.70
.71
2.29
.66
2.35
.54
2.34
.47
2.13
1.84
.55
1.94
.51
1.29
1.17
1.66
.32
1.52
| .49
1.62
.34
1.54
.49
1.39
.71
1*57
.59
1
1.36
.31
1.38
1.08
1.51
1.03
1.85
.35

$1.16
.98

^x' See f o o t n o t e 1 , Table I I - a f Southwestern and Western Grain S t a t e s combined.
(2) See f o o t n o t e 1 , Table XV.
(3) See f o o t n o t e 2, Table XV.
Source: See s o u r c e , Table XV.





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