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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)