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F ederal Reserve Bank
OF DALLAS

Dallas, Texas, February 24, 1956

OPERATING RATIOS OF MEMBER BANKS
ELEVENTH FEDERAL RESERVE DISTRICT

To the Member Banks in the
Eleventh Federal Reserve District:
There is presented on the inside pages of this letter the annual state­
ment of operating ratios of member banks in the Eleventh Federal Reserve
District for 1955, with comparative figures for 1954. Each of the 1955
ratios represents an average of the ratios of individual banks computed
from data taken from reports of condition as of December 31, 1954, June
30, 1955, and October 5, 1955, and from reports of earnings and expenses
for the year 1955. Ratios for your bank are included for your convenience
in making comparisons.
If you should like to have additional copies of this report, we will be
glad to send them to you.
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)

OPERATING RATIOS OF MEMBER BANKS FOR THE YEARS 1955 AND 1954 — ELEVENTH FEDERAL RESERVE DISTRICT

Number of banks in group

Your bank $500 and under
1955
1954 1955 1954
13
14

SUMMARY RATIOS
Percentage of Total Capital Accounts

1.
2.
3.
4.

Net current earnings before income taxes..........................
Profits before income taxes..................................................
Net profits................................................................................
Cash dividends declared.......................... ..............................

10.2
8.7
6.8
2.6

Percentage of Total Assets

5. Total earnings.........................................................................
6. Net current earnings before income taxes..........................
7. Net profits............................................................................._

3.80
1.33
.88

SOURCES AND DISPOSITION OF EARNINGS
Percentage of Total Earnings

8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
20.
21.
22.
23.

Interest on U. S. Government securities...............................
Interest and dividends on other securities...........................
Earnings on loans........................ ..........................................
Other current earnings...........................................................
Total earnings.............................................................. 100.0
Service charges on deposit accounts (Included in item 11)
Trust department earnings (Included in item 11 )x............
Salaries and wages.................................................................
Interest on time deposits........................................................
Other current expenses........ ..................................................
Total expenses.............................................................
Net current earnings before income taxes..........................
Actual net losses (recoveries + ) .........................................
Net increase (decrease + ) in valuation reserves..............
Taxes on net income...............................................................
Net profits................................................................................

100.0

10.6
1.7
78.1
9.6
100.0

5.9
—

38.7
.1
26.7
65.5
34.5
5.4

—

6.8
22.3

RATES OF EARNINGS ON SECURITIES AND LOANS
Percentage of U. S. Government Securities

24. Interest on U. S. Government securities.............................

3.40
1.06
.43
12.4
1.3
77.9
8.4
100.0
4.4
—
41.5
1.1
26.4
69.0
31.0
12.0
.4
6.8
11.8

10.6
8.4
6.2
2.7
3.69
1.22
.72

14.1
4.2
72.7
9.0
100.0

5.7
—

39.9
2.7
24.7
67.3
32.7
5.1
.7
6.8
20.1

12.4
9.1
7.1
3.1
3.52
1.26
.73
14.1
3.6
74.1
8.2
100.0
5.1
—
38.2
2.4
24.0
64.6
35.4
8.0
1.0
5.8
20.6

$1,000 - $2,000
1955
1954
122
111
12.9
10.9
8.2
3.5
3.38
1.18
.75

18.4
5.5
67.6
8.5
100.0

5.1
—

37.1
2.8
25.3
65.2
34.8
4.0
.8
7.5
22.5

13.2
11.0
8.1
3.6
3.26
1.18
.72
17.7
5.5
67.8
9.0
100.0
5.0
.8
37.2
2.7
24.2
64.1
35.9
4.8
.9
8.0
22.2

BANKS WITH AVERAGE DEPOSITS (In thousands of dollars)
$2,000 - $5,000 $5,000 - $10,000 $10,000 $25,000 $25,000 - $50,000 $50,0004100,000
1955
1954 1955 1954 1955 1954 1955 1954 1955 1954
205
221
132
128
62
23
56
24
17
16
14.6
11.9
8.4
3.7
3.23
1.13
.65

21.4
6.5
61.8
10.3
100.0

6.5
1.3

36.9
2.9
24.9
64.7
35.3
4.1
1.6
8.7
20.9

15.2
12.7
9.0
3.6
3.15
1.14
.68
21.5
6.3
61.7
10.5
100.0
6.4
2.3
36.5
2.6
24.4
63.5
36.5
4.7
.6
9.0
22.2

17.7
13.4
8.8
3.5
3.28
1.17
.59

21.3
6.1
61.0
11.6
100.0

6.9
1.2

34.3
4.7
24.8
63.8
36.2
6.1
2.2
9.6
18.3

17.2
14.1
9.2
3.7
3.14
1.11
.59
22.0
6.1
60.2
11.7
100.0
6.9
1.1
34.8
4.6
24.6
64.0
36.0
4.5
1.5
10.5
19.5

18.5
13.5
8.1
3.0
3.33
1.13
.49

17.9
5.0
61.5
15.6
100.0

8.6
2.2

34.5
5.7
26.0
66.2
33.8
5.1
4.0
9.8
14.9

17.4
16.1
10.0
3.0
3.17
1.03
.57
19.5
5.3
58.5
16.7
100.0
9.0
2.3
35.7
5.5
26.3
67.5
32.5
1.1
2.2
11.4
17.8

19.0
15.6
8.6
3.4
3.13
1.19
.54

22.7
5.2
56.0
16.1
100.0

6.0
1.2

30.7
5.6
25.4
61.7
38.3
3.6
3.4
14.2
17.1

18.6
19.6
11.7
3.5
2.87
1.11
.70
24.8
5.1
55.3
14.8
100.0
6.0
1.4
30.6
5.4
25.1
61.1
38.9
+3.9
1.8
16.2
24.8

19.8
15.5
7.8
3.6
2.94
1.10
.43

22.1
3.9
62.7
11.3
100.0

5.4
1.3

30.6
6.0
25.6
62.2
37.8
5.0
3.0
14.4
15.4

16.4
16.4
9.0
3.2
2.78
.91
.50
22.1
3.8
62.0
12.1
100.0
5.4
1.6
33.7
6.6
26.7
67.0
33.0
+4.5
4.2
15.0
18.3

Over $100,000
1954
14

1955
15

18.0
16.2
9.6
4.2
2.79
1.17
.62

18.9
5.0
61.9
14.2
100.0

2.3
3.4

24.5
7.7
26.2
58.4
41.6
.9
2.8
15.7
22.2

U. S. Government securities................................................
Other securities.......................................................................
Loans......................................................................................
Cash assets—..........................................-..............................
Real estate assets.....................................................................
All other assets....................................................—................

21.0
4.8
58.4
15.8
100.0
2.6
3.3
26.0
7.3
27.0
60.3
39.7
+8.4
4.9
19.1
24.1

8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23

2.19

2.08

2.16

2.08

2.10

2.11

2.10

2.04

2.21

2.12

2.21

2.02

2.02

1.89 24

4.16

5.03

3.48

3.48

3.07

3.10

2.60

2.85

2.36

2.46

2.23

2.33

2.26

2.36

2.53

2.52

2.41

2.49

25

—

—

+.26

+.08

+.02

+.08

.06

+.05

.13

+.10

.17

+.29

.21

+.38

.24

+.98

.03

+.58

26

8.10
.65

8.55
1.34

7.20
.42

7.24
.68

6.95
.41

6.80
.52

6.63
.31

6.61
.52

6.36
.30

6.38
.40

6.06
.18

5.97
.23

5.40
.13

5.45
.10

5.06
.15

4.92
.33

4.46
.03

4.35 27
.01 28

19.7
3.0
37.4
39.4
.4
.1

21.4
1.5
32.6
44.0
.4
.1

24.6
5.2
38.4
31.1
.6
.1

23.7
4.0
37.7
34.0
.4
.2

27.3
7.1
33.9
30.8
.8
.1

26.4
6.5
33.7
32.6
.7
.1

30.5
9.0
31.1
28.3
1.0
.1

30.1
7.8
30.4
30.6
1.0
.1

30.4
8.5
32.5
27.4
1.1
.1

30.5
7.8
30.7
29.9
1.0
.1

27.3
7.5
34.4
29.1
1.6
.1

29.0
7.1
31.6
30.7
1.5
.1

30.7
7.3
33.1
27.3
1.3
.3

32.4
6.5
29.6
30.2
1.2
.1

28.5
4.8
36.6
28.5
1.4
.2

29.6
4.5
35.2
29.0
1.5
.2

25.1
5.4
38.7
28.8
1.2
.8

27.7
5.0
34.8
30.7
1.1
.7

29
30
31
32
33
34

13.4

12.7

11.3

10.5

9.4

9.1

7.9

7.7

6.8

6.5

6.4

6.2

6.4

6.1

5.7

5.6

6.4

6.1

35

33.8
15.5
.5

39.1
14.6
1.7

26.7
12.9
5.8

26.6
11.8
5.5

23.9
10.4
6.0

23.5
10.0
5.8

20.8
8.7
6.6

21.2
8.4
5.9

17.0
7.3
10.9

17.7
7.0
10.3

15.2
6.8
15.8

16.1
6.7
15.5

15.8
6.9
15.3

16.7
6.5
13.4

13.6
6.1
15.0

13.9
6.0
16.2

14.0
7.1
16.0

14.9
6.6
13.7

36
37
38

OTHER RATIOS

35. Total capital accounts to total assets....................................
36. Total capital accounts to total assets less
Government securities and cash assets......................
37. Total capital accounts to total deposits................................
38. Time deposits to total deposits............................................

5
6
7

2.10

DISTRIBUTION OF TOTAL ASSETS
Percentage of Total Assets

29.
30.
31.
32.
33.
34.

2.58
1.03
.62

2.03

Percentage of Total Loans

27. Earnings on loans............................... ..................................
28. Actual net losses (recoveries + ) on loans2........................

1
2
3
4

1.68

Percentage of Total Securities

26. Actual net losses (recoveries and profits -J-)
on total securities1
2......................................................

16.7
18.0
10.1
4.0

1.88

Percentage of Other Securities

25. Interest and dividends on other securities..........................

8.6
5.2
3.3
3.5

$500- $1,000
1955
1954
40
44

1 Banks reporting zero amounts were excluded in computing this average, and figures are not shown where there were fewer than three banks in a group.
2 Computed on the basis of actual net losses or recoveries (after adjustments for transfers to and from reserves for bad debts), rather than on the basis of figures furnished on the face of the Report of Earnings and Dividends.
NOTE: Balance sheet figures used as the basis for ratios are averages of amounts reported as of December 31, 1954, June 30, 1955, and October 5, 1955.

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