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F ederal R eserve Bank OF DALLAS Dallas, Texas, November 17,1959 C O N D IT IO N O F MEMBER BANKS, O C TO B ER 6. 1959 ELEVENTH FEDERAL RESERVE D IS TR IC T To the Member Banks in the Eleventh Federal Reserve District: On October 6, 1959, assets of member banks in the Eleventh Federal Reserve District were 3.5 percent above the level recorded for September 24, 1958, and were 1.3 percent above the June 10, 1959, level. Detailed information concerning major asset and liability items is presented on the reverse side of this letter. Asset expansion since the year-earlier call date represented principally an increase in loans. Cash accounts rose slightly, but investments declined substantially in response to the strengthening of credit demands and the development of pressures on bank reserve positions. The year-to-year loan growth, which totaled almost $422 million, was concen trated in the business loan and consumer loan categories. Securities loans expanded only slightly, while agricultural loans and real-estate loans decreased. Total deposits on October 6, 1959, were little changed from the midyear level but were almost $166 million above the total recorded for September 24, 1958. Member banks added $68 million to capital accounts between the latter date and October 6, 1959, but the ratio of capital accounts to risk assets declined from 15.9 percent to 15.7 percent. 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) September 24, 1958 October 6, 1959p Item Loans (net), including overdrafts____________ U. S. Government obligations, direct and guaranObligations of states and political subdivisions_ Other securities _ _ TOTAL LOANS 7N lsf) AND lOT 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_________________________ June 10, 1959 4,744,074 4,632,461 4,322,313 2,469,652 698,443 163,393 8,075,562 2,714,973 11,061,106 5,816,568 1,785,292 2,576,445 659,087 165,009 8,033,002 2,631,360 10,922,841 5,744,796 1,834,005 2,640,485 603,420 184,907 7,751,125 2,678,498 10,689,015 5,721,584 1,727,560 207,238 757,027 1,201,035 105,945 9,873,105 919,951 47,900 122,561 48.1% 133,519 877,764 1,180,506 94,405 9,864,995 902,267 24,655 37,073 47.0% 169,713 770,644 1,230,368 87,575 9,707,444 851,937 28,969 2,519 44.5% 27.5% 26.7% 27.6% 15.7% 635 15.8% 633 15.9% 630 p-Preliminary. PRINCIPAL ASSET AND LIABILITY ITEMS OF MEMBER BANKS AS OF SELECTED CALL DATES ELEVENTH FEDERAL RESERVE DISTRICT (In thousands of dollars) Date October 4, 1950 October 10, 1951 September 5, 1952 September 30, 1953 October 7, 1954 October 5, 1955 September 26, 1956 October 11, 1957 September 24, 1958 October 6, 1959p p-Preliminary. Total Deposits Total Loans (Net) Total Investments Total Loans (Net) and Investments Total U.S. Gov. Secs. Total Capital Accounts 6,378,520 2,219,433 2,559,614 4,779,047 2,200,162 422,273 6,996,406 2,448,767 2,583,641 5,032,408 2,183,366 467,185 7,384,128 2,726,099 2,741,359 5,467,458 2,330,328 517,357 7,583,539 2,891,624 2,780,084 5,671,708 2,337,526 564,783 8,350,832 3,116,911 3,177,515 6,294,426 2,668,820 617,169 8,575,277 3,694,782 2,885,674 6,580,456 2,306,061 671,503 8,881,719 3,887,566 2,914,506 6,802,072 2,308,744 740,184 9,031,366 3,998,422 3,100,822 7,099,244 2,425,611 797,956 9,707,444 4,322,313 3,428,812 7,751,125 2,640,485 851,937 9,873,105 4,744,074 3,331,488 8,075,562 2,469,652 919,951
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