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Federal Reserve Bank OF DALLAS Dallas, Texas, November 20, 1956 CONDITION OF MEMBER BANKS, SEPTEMBER 26, 1956 ELEVENTH FEDERAL RESERVE DISTRICT To the Member Banks in the Eleventh Federal Reserve District: Total resources of member banks in the Eleventh Federal Reserve District reached $9,749,592,000 on September 26, 1956, which is $419,964,000 higher than a year earlier. More than half of this gain— or $221,603,000—was channeled into new earning assets, while most of the remainder was used to build up cash and balances with other banks. All classes of deposits participated in the year-to-year gain, and capital accounts rose $68,717,000, or about 10 percent. Loans provided most of the gain in earning assets, although the member banks also made modest additions to their investment portfolios. Net loans outstanding advanced to $3,887,613,000 on September 26, reflecting an increase of $192,831,000 over October 5, 1955. Commercial and industrial borrowing accounted for more than two-thirds of the gain, while real-estate credit, loans to finance securities transactions, and unclassified loans also increased. Consumer borrowing, influenced by liquidation of single-payment loans, declined during the year; and agricultural loans also were lower, primarily because of the reduction in CCC loans. The ratio of loans to deposits rose to 43.8 percent from 43.1 percent on the comparable 1955 date. During the year, total deposits of member banks expanded by $306,440,000, with about twothirds of the gain occurring in the demand and time deposits of individuals, partnerships, and corpo rations. As the banks’ Government securities, cash, and capital rose significantly, the ratio of capital accounts to risk assets rose to 15.7 percent on September 26, 1956, from 15.0 percent a year earlier. Yours very truly, Watrous H. Irons President This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org) COMPARATIVE STATEMENT OF CONDITION OF MEMBER BANKS ELEVENTH FEDERAL RESERVE DISTRICT (Amounts in thousands of dollars) Item Loans (net), including’ overdrafts...... .............. ..... U. S. Government obligations, direct and guaran teed__ __ _________ ___ ________ ____ _____ ___ Obligations of states and political subdivisions__ O f V l P T* QP-P11 V I "fl PCI TOTAL LOANS (NET) AND INVESTMENTS ! Cash and balances due from banks.......................... TOTAL ASSETS.... ..... .. - ..... ....... Individual — Demand deposits__________________ Individual — Time deposits................................ ..... Deposits of U. S. Government, including postal savings --------------------------------------- ---------------Deposits of states and political subdivisions......... Deposits of banks — .......................................— Other deposits________ ____ —................................. TOTAL DEPOSITS..... ...... ......... ......................... . TOTAL CAPITAL ACCOUNTS....... ............ ........ Borrowings from Federal Reserve Bank................. All other borrowings.. ...... ................................. — Ratio of loans to total deposits_________ __ ______ Ratio of cash and balances due from banks to total deposits.................................. ................................. Ratio of total capital accounts to risk assets (total assets less Government securities and cash assets)............................... .................................. . Number of banks..... ........... ........... ........................... September 26, 1956 June 30, 1956 October 5, 1955r 3,887,613 3,876,843 3,694,782 2,308,936 465,893 139,617 6,802,059 2,727,977 9,749,592 5,603,129 1,112,163 2,224,961 458,051 131,858 6,691,713 2,880,652 9,764,562 5,484,152 1,107,746 2,306,061 451,962 127,651 6,580,456 2,556,398 9,329,628 5,471,283 1,033,501 193,490 689,931 1,190,488 92,516 8,881,717 740,220 17,547 16,315 43.8% 217,034 776,886 1,285,418 118,197 8,989,433 714,225 1,070 724 43.1% 147,127 684,389 1,147,911 91,066 8,575,277 671,503 12,446 770 43.1% 30.7% 32.0% 29.8% 15.7% 634 15.3% 632 15.0% 634 r— Revised. PRINCIPAL ASSET AND LIABILITY ITEMS OF MEMBER BANKS AS OF SELECTED CALL DATES ELEVENTH FEDERAL RESERVE DISTRICT (In thousands of dollars) Date October 4, 1950 October 10, 1951 September 5, 1952 September 30, 1953 October 7, 1954 October 5, 1955r September 26, 1956 r— Revised. Total Deposits Total Loans (Net) Total Investments Total Loans (Net) and Investments Total U.S. Gov. Secs. Total Capital Accounts 6,378,520 2,219,433 2,559,614 4,779,047 2,200,162 422,273 6,996,406 2,448,767 2,583,641 5,032,408 2,183,366 467,185 7,384,128 2,726,099 2,741,359 5,467,458 2,330,328 517,357 7,583,539 2,891,624 2,780,084 5,671,708 2,337,526 564,783 8,350,832 3,116,911 3,177,515 6,294,426 2,668,820 617,169 8,575,277 3,694,782 2,885,674 6,580,456 2,306,061 671,503 8,881,717 3,887,613 2,914,446 6,802,059 2,308,936 740,220 Federal Reserve Bank OF DALLAS Dallas, Texas, November 20, 1956 CONDITION OF MEMBER BANKS. SEPTEMBER 26, 1956 ELEVENTH FEDERAL RESERVE DISTRICT To the Member Banks in the Eleventh Federal Reserve District: Total resources of member banks in the Eleventh Federal Reserve District reached $9,749,592,000 on September 26, 1956, which is $419,964,000 higher than a year earlier. More than half of this gain— or $221,603,000— was channeled into new earning assets, while most of the remainder was used to build up cash and balances with other banks. All classes of deposits participated in the year-to-year gain, and capital accounts rose $68,717,000, or about 10 percent. Loans provided most of the gain in earning assets, although the member banks also made modest additions to their investment portfolios. Net loans outstanding advanced to $3,887,613,000 on September 26, reflecting an increase of $192,831,000 over October 5, 1955. Commercial and industrial borrowing accounted for more than two-thirds of the gain, while real-estate credit, loans to finance securities transactions, and unclassified loans also increased. Consumer borrowing, influenced by liquidation of single-payment loans, declined during the year; and agricultural loans also were lower, primarily because of the reduction in CCC loans. The ratio of loans to deposits rose to 43.8 percent from 43.1 percent on the comparable 1955 date. During the year, total deposits of member banks expanded by $306,440,000, with about twothirds of the gain occurring in the demand and time deposits of individuals, partnerships, and corpo rations. As the banks’ Government securities, cash, and capital rose significantly, the ratio of capital accounts to risk assets rose to 15.7 percent on September 26, 1956, from 15.0 percent a year earlier. Yours very truly, Watrous H. Irons President COMPARATIVE STATEMENT OF CONDITION OF MEMBER BANKS ELEVENTH FEDERAL RESERVE DISTRICT (Amounts in thousands of dollars) Item Loans (net), including overdrafts...... ........ ........... U. S. Government obligations, direct and guaran teed....................................... ................ ...... ....... . Obligations of states and political subdivisions..... Other securities TOTAL LOANS (NET) AND INVESTMENTS^ Cash and balances due from banks.......................... TOTAL ASSETS................................................. ..... Individual — Demand deposits................................ Individual — Time deposits.................................— Deposits of U. S. Government, including postal savings _____________________________________ Deposits of states and political subdivisions......... Deposits of banks...................................................... Other deposits............................................................ TOTAL DEPOSITS .................................................. TOTAL CAPITAL ACCOUNTS............................ Borrowings from Federal Reserve Bank................. All other borrowings............................................... .. Ratio of loans to total deposits.......... ..................... Ratio of cash and balances due from banks to total deposits.................................................................... Ratio of total capital accounts to risk assets (total assets less Government securities and cash assets).... ........ ........... ............................................ Number of banks........................................................ September 26, 1956 June 30, 1956 October 5, 1955r 3,887,613 3,876,843 3,694,782 2,308,936 465,893 139,617 6,802,059 2,727,977 9,749,592 5,603,129 1,112,163 2,224,961 458,051 131,858 6,691,713 2,880,652 9,764,562 5,484,152 1,107,746 2,306,061 451,962 127,651 6,580,456 2,556,398 9,329,628 5,471,283 1,033,501 193,490 689,931 1,190,488 92,516 8,881,717 740,220 17,547 16,315 43.8% 217,034 776,886 1,285,418 118,197 8,989,433 714,225 1,070 724 43.1% 147,127 684,389 1,147,911 91,066 8,575,277 671,503 12,446 770 43.1% 30.7% 32.0% 29.8% 15.7% 634 15.3% 632 15.0% 684 r—Revised. PRINCIPAL ASSET AND LIABILITY ITEMS OF MEMBER BANKS AS OF SELECTED CALL DATES ELEVENTH FEDERAL RESERVE DISTRICT (In thousands of dollars) Date October 4, 1950 October 10, 1951 September 5, 1952 September 30, 1953 October 7, 1954 October 5, 1955r September 26, 1956 r— Revised. Total Deposits Total Loans (Net) Total Investments Total Loans (Net) and Investments Total U.S. Gov. Secs. Total Capital Accounts 6,378,520 2,219,433 2,559,614 4,779,047 2,200,162 422,273 6,996,406 2,448,767 2,583,641 5,032,408 2,183,366 467,185 7,384,128 2,726,099 2,741,359 5,467,458 2,330,328 517,357 7,583,539 2,891,624 2,780,084 5,671,708 2,337,526 564,783 8,350,832 3,116,911 3,177,515 6,294,426 2,668,820 617,169 8,575,277 3,694,782 2,885,674 6,580,456 2,306,061 671,503 8,881,717 3,887,613 2,914,446 6,802,059 2,308,936 740,220
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