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FE D E R A L R E SE R V E BAN K
OF DALLAS
Dallas, Texas, May 6,1939
O PERATIN G R A TIO S O F MEMBER B A N K S
To the Member Bank Addressed:
There is shown on the inside of this folder a statement of operating ratios of member
banks in the Eleventh Federal Reserve District for the year 1938. This statement is
similar to the one mailed your bank last year covering operations for the year 1937.
The items of assets and liabilities upon which the ratios are based represent averages
of the amounts shown on the condition reports of March 7, June 30, September 28 and
December 31, 1938. The data on earnings and expenses were derived by combining the
amounts shown on the reports of earnings and dividends for the six months’ periods ended
June 30 and December 31, 1938.
The item “ net addition to profits” represents net earnings from current operations
plus recoveries on loans and securities, profits on securities sold, etc., less charge-offs on
loans, securities and other assets.
The banks are grouped according to the size of their deposits. The ratios in each
group are the averages of the ratios of individual banks in that group; consequently, the
data on the larger banks in a group do not have an undue influence on the group ratios.
For convenience in comparing the ratios of your bank with those of its group, the
ratios of your bank have been entered in the column at the right of the inside page. It will
be noted that the group in which the figures of your bank are included is indicated by a
check mark.
It is hoped that this information will be of interest and value to your bank.
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)
AVERAGE OPERATING RATIOS OF MEMBER BANKS'* THE ELEVENTH FEDERAL RESERVE DISTRICT FOR 1938
GROUPED A C C f
Groups with average deposits of.
Number of banks in each group.
/;
Up
$250,1
111
$ZE OF DEPOSITS
$250,001
to
$500,000
$500,001
to
$1,000,000
$1,000,001
to
$2,000,000
136
126
75
43
23
28
%
67.3
18.5
5.4
8.8
%
62.9
21.0
6.1
10.0
%
59.3
25.2
7.0
8.5
%
54.2
27.2
6.1
12.5
%
53.8
26.8
6.8
12.6
%
50.3
29.5
4.9
15.3
%
20.2
5.6
9.6
............
............
............
............
35.7
3.1
28.6
33.9
4.9
29.3
31.2
6.9
27.1
30.0
8.0
26.4
31.9
10.1
28.9
30.8
9.5
30.2
34.1
4.9
28.8
............
............
............
67.8
32.2
26.5
J
SOURCES AND DISPOSITION OF EARNINGS
RATIOS TO TOTAL EARNINGS FROM CURRENT OPERATIONS:
Interest and discount on loans......................
Interest and dividends on bonds, stocks, etc.
Earnings
Service charges............................................
All other earnings............................................
4
U
4;
$2,000,
to
$5,000,
$5,000,001
to
$ 10,000,000
Over
$10,000,000
( Salaries and wages.......
Expenses ) Interest on deposits......
( All other expenses........
30i
Total current expenses.........................
Net earnings from current operations.
Net addition to profits__ __________
m
30}
20.®
67.4
32.6
27.8
68.1
31.9
28.8
65.2
34.8
29.7
64.4
35.6
25.5
70.9
29.1
24.2
70.5
29.5
30.7
0.5
%
8.9
— .3
%
8.3
0.0
%
7.8
— .2
%
7.0
— .7
%
5.9
— .4
%
5.0
— .1
%
4.1
.7
—
.2
-
%
3.8
.6
— .3
%
3.5
.7
— .4
%
3.3
.6
— .3
%
3.0
.7
— .3
%
2.4
.9
— .3
EARNINGS AND LOSS EXPERIENCE ON LOANS AND INVESTMENTS
RATIOS TO TOTAL LOANS AND DISCOUNTS:
Interest and discount on loans........................................................ ...............................................
Net loss (— ) or recovery ( + ) on loans........................................................................................
RATIOS TO BONDS,STOCKS AND OTHER SECURITIES OWNED:
Interest and dividends...................................................................................................................
Profits on securities sold................................................................................................................
Net loss (— ) or recovery (-{-) on securities................................................................................
MEASURES OF OPERATING EFFICIENCY
RATIOS TO TOTAL AVAILABLE FUNDS (capital, surplus, undivided profits, reserves, deposits,
and borrowed money):
Total earnings from current operations........................................................... ..... ................. .
Net earnings from current operations.............................. .........................................................
Net addition to profits______________ _____ ___________ ____ ______-...... -......... -..............
\
•
.vV
-1
Average
All Groups
541
64.6
%
8.2
— .3
%
%
.2
..................
—
%
4.0
1.4
1.2
%
3.6
1.3
.9
%
2.9
.9
.7
%
2.5
.8
.8
%
%
10.4
8.6
%
10.8
9.5
%
13.0
11.1
%
13.0
9.5
%
9.1
7.2
%
8.8
9.1
%
10.3
8.5
RATIOS TO TOTAL DEPOSITS
Loans and investments................................................................................ -...................
Time deposits.....................................................................................................................
%
76.2
7.7
%
70.7
10.7
%
66.8
12.8
%
65.0
17.3
%
58.5
21.2
%
61.2
16.7
%
RATIO OF TOTAL DEPOSITS TO CAPITAL FUNDS
Dollars of deposits per dollar of total capital account................. ........ ..... .................
5.4
6.3
8.5
9.0
10.0
11.5
EARNINGS ON CAPITAL INVESTMENT
RATIOS TO TOTAL CAPITAL FUNDS (capital, surplus, undivided profits and reserves):
Net earnings from current operations.........................................................................
Net addition to profits_______ ________ ______ —------------ ------------------------- ----—.
The deposit group in which your bank is included is checked thus: V
\
%
........
.......
........
........
%
4.5
1.5
1.3
5
%
3.7
.7
%
5.1
1.7
1.4
sf
Your
Figures
4.6
1.5
1.2
%
........
........
.........
1
.
73.3
10.9
6.4
%
........
%
@FedFRASER