The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
FE D E R A L R E SE R V E B AN K OF DALLAS July 22, 1927. STATISTICS ON MEMBER BANKS To the Member Bank Addressed: Condition reports as of June 30, 1927, received in response to the calls from the Comptroller of the Currency and the Department of Banking of the various states, show that the total borrowings of member banks in this district on that date amounted to $12,431,900 as compared to $25,393,000 on the same date in 1926. In each instance, approxi mately 50 per cent of the amount was obtained from the Federal Reserve Bank. Despite the low price received for the 1926 cotton crop, deposits this year are ap proximately $40,000,000 greater than they were a year ago and loans are only slightly larger. The ratio of quick assets to deposits on June 30, 1927, was 48.6 as against 40.8 on that date in 1926. The ratio of loans to deposits was 71.4 and 74.6 respectively. COMPARATIVE STATEMENT AS SHOWN BY CONDITION REPORTS OF MEMBER BANKS June 30, 1927 June 30, 1926 Deposits __________________________________________ $910,691,000 $871,272,000 Loans ____________________________________________ 650,219,500 649.791.000 442,492,200 355.143.000 Bills payable and rediscounts____________________ _—_ 12,431,900 25,393,000 Bills payable and rediscounts with Federal Reserve Bank_________________________________ 6,220,700 12,293,900 Ratio of quick assets to deposits____________________ 48.6 40.8 Ratio of loans to deposits________ r__________________ 71.4 74.6 Quick assets *_____________________________________ *This item is composed of cash and exchange, U. S. Government securities, other bonds and stocks, bankers’ acceptances, call loans only where shown, and does not include commercial paper purchased from brokers. NOTE: Six condition reports for June 30, 1927, were missing when these figures were compiled. Yours very truly, Governor. This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)
