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FEDERAL. R E SE R V E B AN K
OF DALLAS

July 31, 1929.

,

C O N D IT IO N OF MEMBER B A N K S, JU N E 2 9 1 9 2 9

To the Member Bank Addressed:
Condition reports as of June 29, 1929, of all member banks in the Eleventh Federal
Reserve District (except one, whose report is still outstanding-), show deposits aggregat­
ing $988,431,000, exclusive of Government deposits, reflecting a gain of $696,000, as com­
pared with the district total for June 30, 1928, and a decrease of $70,043,000 from March
27, 1929. Loans and discounts, as compared with the corresponding date last year, show
an increase of $6,251,000, and borrowed money an increase of $8,312,000.
Borrowings from all sources on June 29, 1929, were $19,792,000, of which $15,743,000
represented borrowings from the Federal Reserve Bank of Dallas.

COMPARATIVE STATEMENT
June 29, 1929
(All member banks
except 1)

Total deposits.—........... ... ................................. $988,431,000

March 27,1929
(All member
banks)

June 30,1928
(All member
banks)

$1,058,474,000

$987,735,000

Individual deposits.............................................

874,726,000

922.297.000

854.471.000

Loans .................................................................

698,733,000

730.030.000

692.482.000

Borrowings from Federal Reserve Bank.......

15,743,000

11,322,000

9.324.000

4,049,000

1,771,000

2.156.000

70.7%

69%

70%

All other borrowings................
Ratio of loans to deposits............ ................ —

Yours very truly,

Governor

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