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FEDERAL RESERVE BANK OF DALLAS April 19,1940 CO N D ITIO N O F MEMBER B A N K S, MARCH 2 6 , 1 9 4 0 To the Member Bank Addressed: Condition reports of all member banks of the Eleventh Federal Reserve District as of March 26, 1940, show total deposits of $1,566,721,000, reflecting a decline of $10,023,000, since December 30, 1939, and a net gain of $174,425,000, since March 29, 1939. Loans, in cluding overdrafts, as compared with March 29, 1939, show a net increase of $22,501,000, while total loans and investments show a net increase o f $27,380,000, for the same period. As compared with March 29, 1939, call, individual demand deposits and individual time deposits registered gains of $88,664,000, and $1,556,000, respectively. Borrowings as of March 26, 1940, aggregated $117,000, all from the Federal Reserve Bank of Dallas. As compared with the March 29, 1939, call, borrowings from all sources show a net reduction of $206,000. C O M P A R A T IV E S T A T E M E N T M arch 2 6 ,1 9 4 0 Member banks in Eleventh District.... . 546 Loans, including overdrafts_______ _____ 485,056,000 U. S. Government obligations, direct and guaranteed_________________ _____ _ 285,864,000 Obligations of States and political subdi visions.... ............... ............................... 112.368.000 Other bonds, notes and debentures_____ 25,293,000 Corporate stocks _______________ 8,006,000 916.587.000 TOTAL LOANS AND INVESTMENTS Individual— Demand D eposits_________ 854.253.000 Individual— Time Deposits_____________ 213.211.000 Deposits of U. S. Government, including Postal Savings _....... ........................... 38,432,000 Deposits of States and political subdivi sions *_________________ _______ ___ 136.111.000 Deposits of Banks........ ......................... . 308.579.000 Other Deposits.......................................... . 16,135,000 TOTAL DEPOSITS .......... 1,566,721,000 Ratio o f Loans to Deposits ................... . 30.96% Borrowings from Federal Reserve Bank 117,000 All Other Borrowings......... ....................... — 0— D ecem ber 30, 1939 M arch 29, 1939 544 496,359,000 545 462,555,000 279,450,000 288,388,000 114.045.000 25,281,000 6,554,000 921.689.000 820.785.000 212.980.000 105.689.000 26,062,000 6,513,000 889.207.000 765.589.000 211.655.000 40,039,000 40,955,000 128.057.000 332.664.000 42,219,000 1,576,744,000 31.42% 4.000 2.000 134.716.000 226.280.000 13,101,000 1,392,296,000 33.22% 272,000 51,000 Yours very truly, R. R. GILBERT, President This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)