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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)
March 12,
1959p

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________________

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.


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102