View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

FEDERAL RESERVE BANK
O F DALLAS

Dallas, Texas, March 26, 1958

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 statement
of operating ratios of member banks in the Eleventh Federal Reserve Dis­
trict for 1957, with comparative figures for 1956. Each of the 1957 ratios
represents an average of the ratios of individual banks computed from data
taken from reports of condition as of December 81, 1956, June 6, 1957, and
October 11, 1957, and from reports of earnings and expenses for the year
1957. 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 1957 and 1956 — ELEVENTH FEDERAL RESERVE DISTRICT
B A N K S W IT H A V E R A G E D E P O S IT S (In thousands o f dollars)
Y ou r bank

$2,000

$ 2 ,000

1956

44

1957
110

1957
210

11.2

11.1

12.6

12.9

8.0

6.6

10.2

6.1
2.8

4.8

2.3

9.8
7.3
3.2

$500 and under

$ 5 0 0 - $1 ,000

1957

1956

11

42

10.3

7.0
4 .8
2.8

N u m ber o f banks in group

1956

8.0

1956

1957
13

1957

8.0
6.6

$1 ,000

114

$5,000

$5 ,0 0 0 - $1 0,00 0

$ 1 0 ,0 0 0 - $25,000 $ 25,000

$50,000 $ 5 0 ,0 0 0 4 1 0 0 ,0 0 0

O ver $100 ,0 0 0

1956

1957

1956

1957

1956

1957

1956

1957

1956

1957

209

132

131

64

63

22

22

20

19

14

14

18.5
12.7

17.9

1

14.8

2

8.6

8.3

6.1

18.1
16.5
9.4

18.2

7.8

17.4
14.1
8.4

17.9

8.5

8 .4

3

3.4

3.2

3.1

16.2
12.8
7.8
3.3

18.6

13.4

3.3

4.0

3.7

4.2

4.1

4

3.34

3.44
1.19
.58

3.17

3.31
1.35
.70

2.97

5

1.24

6

.57

7

1956

S U M M A R Y R A T IO S
P e r c e n t a g e o f T o t a l C a p it a l A c c o u n t s
2.

Profits b e fo re in com e taxes..............................................................

3.

Net profits................................................................................................

4.

Cash dividen ds declared......................................... .......... ................

2.4

14.9

17.0

18.3

11.3

3.2

3.6

3.6

12.8
8.7
3.6

12.7

7.6

14.3
11.2
8.4

3.68
1.22
.71

3.48

3.67

3.52

3.87

3.56

1.22

1.23
.63

1.25

1.22
.50

1.14

8.4

14.4

11.3

P e rce n tag e of T o ta l A sse ts
5.

Total earn in gs........................................................................................

4.11

4.12

4.12

3.90

Net current earnings b e fo re in com e taxes.................................

1.43

Net profits...............................................................................................

1.35
.73

1.29

7.

1.14
.65

3.73
1.28

3.54

6.

.56

.76

.74

.90

1.23

.69

.58

.54

3.61
1.12
.54

1.24
.56

1.12
.39

S O U R C E S A N D D IS P O S IT IO N O F E A R N IN G S
P e r c e n t a g e o f T o t a l E a rn in g s
17.9
4.8

16.8

22.8

21.2

5.1

5.3

5.3

69.2
8.1

69.8

63.7
8.2
100.0

65.5

7.9

17.4
2.6

13.0

................ ..........

10.

Earnings on loans .......................................................................................................................................................

71 .7

77.6

11 .

O ther current earn ings...... .............. ......... .............................................

8.3
100.0

8.

Interest on U. S. G overnm ent securities....................................

9.

Interest and dividen ds on other securities

T otal earnings.......................................................................... 100.0

1.5

8.3

100.0

100.0

100.0

13.

S ervice charges on deposit accounts ( I n c lu d e d in item 11 ) 1..

4 .6

4 .7

5 .0

5 .0

14.
lf>.

Trust departm ent earnings ( I n c lu d e d in item 1 1 J 1................
Salaries and w ages........... ....... ......... ...........................................

—

—

—

12.

16.

Interest on tim e deposits

17.

Other cu rren t expenses.....................................................................

18.

T otal expenses..........................................................................

19.

Net current earninffs b e fo re in com e taxes................................

20.
21.

A ctual net losses (recov eries - j - ) ..................................................
Net increase (decrease - ) - l i n valuation reserves . _____

22. Taxes on net. in com e ...............
23.

........ .......

.......................

.................

Net profits................................................................................................

100.0

4 5 .7
2.3
25.7
7 3 .7
26 .3
3 .8
6.9
15.6

8.0
100.0

5 .0

—

5.3
.9

—

40.3

38.2

38.6

37.3

37.4

.3

4.1
25.3

3.1
25.6

4.0
24.4

24.5

27.0
6 7 .6
3 2 .4
8.6
5.3
18.5

3.0
64.9

32.7

65.7
34.3

8.1

5.6

6.6

4.2

1.2
7.0
20.5

.2

67.6
3 2 .4
6.2

67.3

2.1
5.9
18.2

5.7
14.7

35.1

6.9
21.4

23.7
7.3

22.7

24.3
6.5

22.6
6.6

18.4
6.3

18.1

6.6

59.1
9.9
100.0

60.9

58.4

59.5

60.4

61.1

9.8

10.8

11.3

15.2

100.0

100.0

100.0

6.2
1.0

100.0
6.9
1.2

14.9
100.0

6.5
1.8

6.1
1 .0

36.3

31.1

3.4

31.1
12.2
25.3

6.4
1.4
36.0
5.3
24.9
66.2

24.5
64.2

33.8
5.2

35.8

1.8
6.8
20.0

1.4

6.7
7.3
20 .4

7.3

5.6

100.0

8 .6

1.2

9.2
1.4

33.6

34.0

32.6

34.2

7.5
24.6
65.7

5.1
24.5

10.4
25.4
68.4

26.7

63.6

34.3
5.5

36.4

2.6
8.5
17.7

3.0

7.7
8.4
17.3

1 .5
6.9
67 .8

31.6
7.0

32.2

3^4
8.1
13.1

2.7

5.4
8.4
15.7

20.1
5.0

21.2

19.0
4.8

19.9

4.9

60.0

59.0

63.6

63.3

14.9
100.0

14.9

12.6
100.0

12.8

68.6
31.4
3.3
2.9
10.0
15.2

6.5
25.2
62.8
37.2
5.4
2.7
12.2
16.9

5 .5
1 .5
29.4
9.0

4.0

100.0

5 .5
1 .5
30.8
6.9

26.6
65.0

26.9

35.0
2.2
4.5
11.3
17.0

35.4

64.6
6.1

18.6
4.5

16.9

62.6
14.3
100.0

64.3

2.3
3 .4

4.7

8
9

14.1

10
11

100.0

12

2.1

13

3 .3

14

22.9
12.0
24.6

24.2

15

8.6

16

25 .4

17

59.5
40.5

58.2

18

41.8

19

3.4

20

4 .4

21

10.6

2.9
.6
15.7

14.7

22

12.3

21.3

19.3

23

6 .4

R A T E S O F E A R N IN G S O N S E C U R IT IE S A N D L O A N S
P e r c e n t a g e o f U . S . G o v e rn m e n t S e c u r it ie s
Interest on XT. S. G overnm ent secu rities.............................. .......

3 .0 9

2.59

2.70

2.66

2.87

2.63

2.82

2.60

2.71

2.46

2.64

2.37

2.58

2.39

2.51

2.34

2.55

2 .2 0

24

3.98

24.

4.45

3.48

3.54

2.74

2.98

2.56

2.58

2.50

2.44

2.60

2.37

2.31

2.23

2.90

2.68

2.33

2.39

25

.02

.07

.08

.05

.04

.09

.15

.10

.31

.18

.19

.14

.17

.31

.20

.40

26

8.20

7.65

7.24

7.29

6.84

7.12

6.62

6.74

6.49

6.60

6.11

5.20

27

.63

.34

.41

.36

.33

.34

.26

4.99
.09

4 .6 4

.57

5.88
.14

5.61

.44

.11

28

P e r c e n t a g e o f O t h e r S e c u r it ie s
P e r c e n t a g e o f T o t a l S e c u r it ie s
26.

A ctual net losses (recoveries and profits -}-)
on total securities2

.................... ........

__

P e r c e n t a g e o f T o t a l L o an s
28.

A ctual net losses (recoveries + )

on loans2..............................

8.01
.35

.80

.58

.27

5.55
.16

.19

D IS T R IB U T IO N O F T O T A L A S S E T S
P e rce n tag e of T o ta l A sse ts
29.

U. S. G overnm ent securities...........................................................

22.9
3.3
38.7
34 .4
.6

34.

A ll other assets......................................................................................

26.5

24.4

37.5

5.9
38.1
28.6

6.5
29.6

.5

.8

.6

17.2
2.8
42.0

38.8

28.5
8.7
33.5

7.4
34.9

26.2

.1

25.6
1.2
.1

.1

25.8
9.3
35.9
27.1
1.8
.1

26.9

.1

.1

.1

.8

29.9

29.2

26.6
1.2
.1

29.9

30.8
9.6
32.7

30.0
10.8
31.3

.1

.1

28.4
.8

26.9

9.8
32.9
1.1

9.4
33.3
1.1

.1

27.3
8.0
36.5
26.3
1.8
.1

26.3
8.4
36.0
27.5
1.7

.1

25.7
6.0
39.5
26.9
1.7
.2

28.7
7.4
35.8
26.4
1.6

23.1
5.5

21.8

29

5.2

30

40.9

31

2 9 .9

32

1.6

41.4
27.4
1.6

1.5

33

.2

1.0

.7

34

26.1
5.1
38.6
28 .4

O T H E R R A T IO S
.

14.5

13.9

12.1

11.7

10.3

9.9

8.7

8.4

7.5

7.0

6.9

6.6

7.1

6.8

7.0

6 .4

7.5

6.8

35

G overnm ent securities and cash assets.........................

36.2

32.8

28.5

26.5

25.7

24.5

21.3
9.7
9.8

20.3

18.4
8.2
13.8

17.2

15.0
7.4
20.4

14.8

15.7
7.7
20.8

15.8

15.1
7.6
17.2

14.4

15.1
8.2
18.6

14.2

36

7.5

37

16.7

38

3fv

Total capital accounts to total assets................. ........... .....

36.

Total capital accounts to total assets less

37.

Total capital accounts to total deposits........................................

38.

T im e deposits to total deposits......................................................

17.1
4 .9

16.3
1.3

13.9
8.8

13.3
7.2

11.6
8.4

11.1
7.1

9.3
7.9

7.6
12.4

7.1
17.8

7.4
16.7

7 .0
15.9

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 o f figures furnished on the face of the Report of Earnings and Dividends.
NOTE: Balance sheet figures used as the basis for ratios are average of amounts reported as of December 31, 1956, June 6, 1957, and October 11, 1957.

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