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F ederal Reserve bank of Dallas DALLAS. TEXAS 75222 C ir c u la r No. 71-110 May 11, 1971 To th e C h ie f E xecutive O f f ic e r o f the Member Bank Addressed in th e Eleventh Fed eral Reserve D i s t r i c t : The F u n ctio n a l Cost A n alysis Program o f the F ed eral Reserve Bank o f D a lla s c o n s ta n tly endeavors to provide comparative d ata which commercial banks can use as an e f f e c t iv e management guide. By d is c lo s in g p o lic ie s or areas o f operations which appear to w arra n t f u r th e r d e ta ile d study f o r improvement or c o rre c tio n , th e FCA Program can h e lp insure sound growth through informed bank management. The enclosed b o o k le t, ”1970 F u n c tio n a l Cost A n alysis Program," provides comprehensive in fo rm a tio n con cerning assets and l i a b i l i t i e s , income and expenses, and a v a r i e t y o f other fa c to rs im portant to the successful management o f a bank. The b o o kle t is an average o f a l l FCA u n it bank p a r tic ip a n ts in th e E leventh Fed eral Reserve D i s t r i c t . This is th e f i r s t year t h a t t h is b o o kle t has been published in our D i s t r i c t . You w i l l n o tic e t h a t the t h ir d column headed 1969 is included w ith o u t d a ta . A f t e r t h is re p o rt has been published f o r two consecutive yea rs , both year columns w i l l co n tain fig u r e s . Next y e a r's re p o rt then w i l l co n tain 1970 and 1971 d a ta . This b o o kle t when used in conjunction w ith the FCA Report o f the p a r t ic ip a t in g bank enables the reader to achieve a more v a lid comparison o f h is bank’ s annual performance. I f you have any questions concerning t h is re p o rt or any questions regarding p a r t ic ip a t io n in the F u n ctio n a l Cost A n alysis Program, please f e e l fre e to contact th e F u n ctio n a l Cost A nalysis D iv is io n o f t h is Bank. Yours very t r u l y , P. E. C oldw ell President Enclosure This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)
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