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FED ER AL R ESER V E B AN K OF DALLAS February 2,1929. C O N D IT IO N OF MEMBER B A N K S , DECEM BER 31, 1928 To the Member Bank Addressed: Condition reports as of December 31, 1928, of all member banks in the Dallas district, except seven (whose reports are still outstanding), show deposits aggregating $1,138,571,000, reflecting a gain of $57,191,000 as compared with the district total for October 3, 1928, and an increase of $70,576,000 over December 31, 1927. Loans and discounts, as compared with the corresponding date last year, show an increase of $34,991,000, and borrowed money an increase of $10,313,000. Borrowings from all sources on December 31, 1928, were $11,717,000, of which $11,161,000 represented borrowings from the Federal Reserve Bank of Dallas. COMPARATIVE STATEMENT December 31,1928 December 31,1927 (All member banks except 7) (All member banks) Total deposits_______________ $1,138,571,000 $1,067,995,000 Individual deposits _________ 960,690,000 896.961.000 Loans 728,218,000 693.227.000 11,161,000 878.000 ____________________ Borrowings from Federal Reserve Bank All other borrowings___________ Ratio of loans to deposits_______ ___ - - 556,000 526.000 64% 65% Yours very truly, Governor. This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)