The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
F ederal Reserve Bank D ALLAS, T EX A S of Dallas 75222 C ircular No. 67-171 Septem ber 7, 1967 CONDITION OF MEMBER BANKS, JUNE 30, 1967 ELEVENTH FEDERAL RESERVE DISTRICT To All Member Banks in the Eleventh Federal Reserve District: Reflecting the easing o f monetary policy, total loans and investments at the District’s member banks increased $296 million, or 2.2 percent, during the first half o f 1967. Most o f the rise in bank credit at all District member banks occurred in loans, which advanced $210 million. The increase in loans at all District member banks was centered in commercial and industrial loans, farm loans, and consumer loans. Of all the m ajor loan categories, only loans for purchasing or carrying securities declined. In the investment portfolio of the District’s member banks, holdings of municipals rose $110 million, or 5.8 percent; holdings of other securities, which include participation certificates, increased $65 million, or 16.9 percent. In contrast, holdings of U.S. Government obligations declined $89 million, or 3.8 percent. . > A t the larger banks, however, the rise in bank credit was more heavily concentrated in security holdings. Although total loans rose only modestly at these banks, holdings of municipals and other securities increased sharply. U.S. Government security holdings de clined slightly. Total deposits at all District member banks fell $312 million, or 1.9 percent, a decline which was less than the $408-million reduction in the first half o f 1966. The decline was principally the result o f a $427-million reduction in the demand deposits o f individuals, partnerships, and corporations, together with a $279-million fall in interbank deposits, which more than offset a rise of $420 million in IPC time deposits. W ith total loans increasing and total deposits declining, the loan-deposit ratio rose from 56.0 percent on December 31, 1966, to 58.5 percent on June 30, 1967, but was about the same as the 58.1-percent ratio on June 30, 1966. The ratio of total capital accounts to risk assets, which are defined as total assets less Government securities and cash assets, remained roughly unchanged at 12.4 percent on June 30, 1967. 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) Dec. 31, 1966 June 30, 1966 9,008,633 2,355,472 1,879,082 383,831 13,627,018 3,930,450 18,096,045 7,183,613 5,026,958 172,113 1,761,794 1,745,193 183,559 16,073,230 1,454,963 400 316,814 56.0% 8,697,580 2,282,741 1,783,579 387,950 13,151,850 3,254,386 16,911,827 6,479,071 4,959,925 375,657 1,661,848 1,345,698 136,027 14,958,226 1,436,338 7,324 284,468 58.1% 24.5% 21.8 % 12.3% 673 12 .6 % June 30, 1967p Item Loans (net), including overdrafts1----------------------------------- 9,218,252 U.S. Government obligations, direct and guaranteed 2,266,956 Obligations o f states and political subdivisions---------------- 1,988,970 Other securities 448,886 TOTAL LOANS (N E T ) AN D INVESTMENTS_________ 13,923,064 Cash and balances due from banks______________________ 3,456,380 TOTAL ASSETS 17,909,696 Individual — Demand deposits 6,756,953 Individual — Time deposits 5,447,012 Deposits of U.S. Government, includingpostal savings^ _ 212,178 Deposits o f states and political subdivisions 1,717,961 Deposits o f bank s 1,465,913 Certified and officers’ checks, etc 161,161 TOTAL DEPOSITS 15,761,178 TOTAL CAPITAL ACCOU N TS_________________________ 1,511,695 Borrowings from Federal Reserve Bank_________________ 3,435 All other borrow ings____________________________________ 392,441 Ratio o f loans to total deposits___________________________ 58.5% Ratio o f cash and balances due from banks to total deposits_______________________________________ 21.9% Ratio o f total capital accounts to risk assets (total assets less Government securities and cash a s s e ts)___________ 12.4% Number o f member banks_______________________________ 671 676 1 Includes F ed eral funds sold, p— Prelim inary. PRINCIPAL ASSET AND LIABILITY ITEMS OF MEMBER BANKS AS OF SELECTED CALL DATES ELEVENTH FEDERAL RESERVE DISTRICT (In thousands of dollars) Total Date June 23, 1958 June 10, 1959 June 15, 1960 June 30, 1961 1962 June 29, 1963 June 30, 1964 1965 1966 1967p T otal Capital Accounts Total D eposits Loans (Net)1 Total Investm ents T otal Loans (N e t) and In vestm ents T otal U .S. Gov. Secs. 9,654,924 4,291,757 3,349,611 7,641,368 2,590,560 841,816 9,864,995 4,632,461 3,400,541 8,033,002 2,576,445 902,267 9,815,514 4,877,424 3,206,915 8,084,339 2,387,143 953,245 10,653,569 11,612,983 5,089,470 5,709,653 3,576,367 3,823,628 8,665,837 9,533,281 2,645,929 2,756,538 1,006,705 1,084,510 12,544,624 6,301,403 4,114,110 10,415,513 2,834,081 1,154,072 13,131,582 14,026,491 14,958,226 15,761,178 7,214,565 8,141,491 28,697,580 9,218,252 4,078,522 4,169,763 24,454,270 4,704,812 11,293,087 12,311,254 13,151,850 13,923,064 2,564,231 2,418,691 2,282,741 2,266,956 1,238,498 1,359,843 1,436,338 1,511,695 1 Includes F ederal funds sold. 2 Commodity Credit Corporation certificates of interest and E xport-Im port Bank participations ai •e henceforth included in “Total Investm ents,” ra th e r th an “Total Loans (N e t).” p— Prelim inary.
@FedFRASER