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F ederal reserve Bank OF DALLAS Dallas, Texas, April 23,1959 C O N D IT IO N O F MEMBER BANKS. M A R C H 12, 1959 ELEVENTH FEDERAL RESERVE D IS TR IC T To the Member Banks in the Eleventh Federal Reserve District: The results of the spring statement of condition, as of March 12, for Eleventh Federal Reserve District member banks are summarized on the reverse side of this letter, together with certain historical data for comparative purposes. Between March 4, 1958, and March 12, 1959, all asset categories of member banks increased. Considerable expansion occurred in both loans and investments. Every major loan classification rose except loans to banks and loans for purchasing or carrying secur ities, but four-fifths of the gain in total loans represented credit extended to business borrowers. Real-estate loans, agricultural loans, and loans to individuals all participated substantially in the balance of the increase. The rise in investments was primarily accounted for by additional holdings of United States Government securities. Deposit growth paralleled the increase in assets, the gain being shared almost equally between demand deposits and time deposits. Capital accounts also rose. The ratio of loans to total deposits decreased from 46.0 percent to 45.0 percent, and the ratio of cash and interbank balances to total deposits also declined. 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) Item Loans (net), including overdrafts------------------U. S. Government obligations, direct and guaran teed ________________________________ Obligations of states and political subdivisions_ Othsr* S0cu!rii/i6s TOTAL LOANS (N^ET) AND ^ Cash and balances due from banks__________ TOTAL ASSETS_________________________ Individual — Demand deposits ______________ Individual — Time deposits_________________ Deposits of U. S. Government, including postal savings _____________________________ Deposits of states and political subdivisions___ Deposits of banks________________________ Other deposits ___________________________ TOTAL DEPOSITS_______________ ______ TOTAL CAPITAL ACCOUNTS______________ Borrowings from Federal Reserve Bank. All other borrowings. Ratio of loans to total deposits______________ Ratio of cash and balances due from banks to total deposits _________________________ Ratio of total capital accounts to risk assets (total assets less Government securities and cash assets) _____________________________ Number of banks________________ March 12, 1959p December 31, 1958p March 4, 1958r 4,502,805 4,617,615 4,187,389 2,662,214 656,706 184,446 8,006,171 2,734,482 11,003,944 5,849,343 1,789,012 2,712,189 634,982 196,864 8,161,650 3,189,960 11,632,730 6,197,633 1,723,807 2,326,791 512,513 176,172 7,202,865 2,597,293 10,065,396 5,491,007 1,433,642 119,658 924,562 1,190,595 123,436 9,996,606 883,670 6,016 18,606 45.0% 170,928 936,498 1,459,943 171,319 10,660,128 849,611 750 0 43.3% 145,733 877,393 1,072,684 83,549 9,104,008 822,009 11,150 6,241 46.0% 27.4% 29.9% 28.5% 15.8% 631 14.8% 631 16.0% 633 p—Preliminary, r—Revised. PRINCIPAL ASSET AND LIABILITY ITEMS OF MEMBER BANKS AS OF SELECTED CALL DATES ELEVENTH FEDERAL RESERVE DISTRICT (In thousands of dollars) Total Deposits Total Loans (Net) Total Investments Total Loans (Net) and Investments Total U. S. Gov. Secs. Total Capital Accounts 1950 6,190,885 2,039,175 2,579,306 4,618,481 2,261,143 389,547 1951 2,430,596 2,433,799 4,864,395 2,055,853 440,622 1952 6,592,675 7,229,264 2,582,433 2,687,198 5,269,631 2,288,483 498,270 1953 7,576,606 2,891,000 2,715,988 5,606,988 2,287,981 538,276 1954 7,952,324 3,147,265 2,752,329 5,899,594 2,300,211 580,948 1955 1956 8,676,152 3,467,343 6,528,810 2,513,482 636,823 8,836,667 3,852,258 3,061,467 2,903,794 6,756,052 704,467 1957 1958r 8,856,382 3,867,010 6,867,710 755,242 9,104,008 9,996,606 4,187,389 3,000,700 3,015,476 2,332,673 2,363,994 7,202,865 2,326,791 822,009 4,502,805 3,503,366 8,006,171 2,662,214 883,670 Date April 24, April 9, March 31, April 20, April 15, April 11, April 10, March 14, March 4, March 12, 1959p r—Revised. p—Preliminary.
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