Full text of District Notices (Federal Reserve Bank of Dallas) : Condition of Member Banks, December 31, 1938

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FEDERAL RESERVE BANK
OF DALLAS

January 25, 1939

CONDITION OF MEMBER BANKS, DECEMBER 31, 1938

To the Member Bank Addressed:
Condition reports of all member banks of the Eleventh Federal Reserve District as
of December 31, 1938, show total deposits of $1,407,617,000, reflecting an increase of
$67,771,000 since September 28, 1938, and an increase of $73,254,000 since December 31,
1937. Loans, including overdrafts, as compared to December 31, 1937, show a net increase
of $12,100,000, while total loans and investments show a net increase of $37,531,000 for
the same period.
As compared to December 31, 1937, individual demand deposits show a net gain of
$26,065,000, and individual time deposits likewise show a net gain of $10,326,000. Borrow­
ings, as of December 31, 1938, aggregated only $24,000, all due to the Federal Reserve Bank
of Dallas. As compared to September 28, 1938, borrowings from all sources show net liqui­
dation of $489,000.
COMPARATIVE STATEMENT
D e c e m b e r 31,
1938

S e p te m b e r 28,
1938

D e c e m b e r 31,
1937

___ 455,334,000
Loans, including overdrafts .
U. S. Government obligations, direct and
guaranteed________ ___________ __ ______ 305,031,000
Obligations of States and political sub­
divisions____________ ____ _____ - ............. 106,146,000
Other bonds, notes and debentures...............— 32,878,000
6,571,000
Corporate stocks.......................... ................ . ..
TOTAL LOANS AN D , INVESTMENTS....... 905,960,000
Individual— Demand Deposits......................... 753,547,000
___ 207,318,000
Individual—Time Deposits
Deposits of U. S. Government, including
43,698,000
Postal Savings................ .................. ....... .
115,885,000
Deposits of States and political subdivisions.
Deposits of Banks.................................... ........ 248,071,000
39,098,000
Other Deposits
...
. ......... .....
TOTAL DEPOSITS.......................................... 1,407,617,000
32.35%
Ratio of Loans to Deposits.............................
24,000
Borrowings from Federal Reserve Bank......
All Other Borrowings............................... .......

432,879,000

443,234,000

301,068,000

292,512,000

92,473,000
31,216,000
7,529,000
865,165,000
751,810,000
204,993,000

94,159,000
30,983,000
7,541,000
868,429,000
727,482,000
196,992,000

37,514,000
103,887,000
229,722,000
11,920,000
1,339,846,000
32.31%
390,000
123,000

27,986,000
112,955,000
228,486,000
40,462,000
1,334,363,000
33.22%
43,000
3,000

Yours very truly,
b. a

. McK i n n e y ,
President.

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)