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Member Bank Call Report




No. 78

Condition of Member Banks
December 31, 1938

BOARD OF GOVERNORS
of the

FEDERAL RESERVE SYSTEM
WASHINGTON




T h e MEMBER BANK CALL REPORT is published following each official call upon member banks of the Federal Reserve
System for statements of their condition. It contains tables
showing assets and liabilities and a classification of loans, in­
vestments, and deposits for all member banks (national and
State) in the country as a whole, by Federal Reserve districts
and by classes of banks. Tables are also given, by reserve cities
and States, showing assets and liabilities and a classification
of deposits for all member banks.
The figures shown for central reserve city banks are exclu­
sive of assets and liabilities of any member banks located in
outlying sections of such cities which have been granted per­
mission to carry either the same reserves as are required to be
maintained by reserve city banks or the same reserves as are
required to be carried by country banks. The figures shown
for reserve city banks are exclusive of assets and liabilities of
any member banks located in outlying sections of such cities
which have been granted permission to carry the same reserves
as are required to be carried by country banks.
In the tabulations presented herewith the figures for all
domestic branches are consolidated with those of their head
offices. Consequently, the figures for some reserve cities as
shown in the Call Report include assets and liabilities of many
branches located outside of such cities.
All figures included in this report relating to the condition
of national banks were furnished by the Comptroller of the
Currency. The abstract of condition reports of national banks
issued by the Comptroller gives detailed statistical data regard­
ing the condition of national banks.

MEMBER BANK CALL REPORT
CONDITION OF MEMBER BANKS ON DECEMBER 31, 1938,
COMPARED W ITH SEPTEMBER 28, 1938 AND DECEMBER 31, 1937
[In thousands of dollars]
Condition on—
D e c . 31, 1938

ASSETS
L o a n s ( in c lu d in g o v e r d r a ft s ) 1__________________________________________________
U n it e d S ta te s G o v e r n m e n t d ir e c t o b l i g a t i o n s _______________________________
O b lig a t io n s g u a r a n t e e d b y U n it e d S ta te s G o v e r n m e n t ____________________
O b lig a t io n s o f G o v e r n m e n t c o r p o r a t io n s a n d a g e n c ie s , n o t g u a r a n te e d
b y U n it e d S ta te s i ______________________________________________________________
O b lig a t io n s o f S ta tes a n d p o lit ic a l s u b d i v is i o n s _____________________________
O t h e r b o n d s , n o t e s , a n d d e b e n t u r e s 1_________________________________________
C o r p o r a t e s t o c k s (i n c l u d i n g F e d e r a l R e s e r v e b a n k s t o c k ) 1_______________
T o ta l lo a n s a n d in v e s tm e n t s 1___________________________________________________
R e s e r v e w it h F e d e r a l R e s e r v e b a n k s _________________________________________
C a s h in v a u l t _____________________________________________________________________
D e m a n d b a la n c e s w it h b a n k s in U n it e d S ta tes (e x c e p t p r iv a t e b a n k s
a n d A m e r ic a n b r a n c h e s o f fo r e ig n b a n k s ) __________________________________
O th e r b a la n c e s w it h b a n k s in U n it e d S ta te s _________________________________
B a la n c e s wTit h b a n k s in fo r e ig n c o u n tr ie s _____________________________________
D u e fr o m o w n fo r e ig n b r a n c h e s ________________________________________________
C a s h ite m s in p r o c e s s o f c o l le c t io n _____________________________________________
B a n k p r e m is e s o w n e d a n d fu r n it u r e a n d fix tu r e s ___________________________
O t h e r rea l e s ta te o w n e d _________________________________________________________
I n v e s t m e n t s a n d o t h e r assets in d ir e c t l y re p r e s e n tin g b a n k p r e m is e s or
o th e r rea l e sta te 1______________________________________________________________
C u s t o m e r s ’ l i a b i li t y o n a c c e p t a n c e s ___________________________________________
I n c o m e a c c r u e d b u t n o t y e t c o l le c t e d _________________________________________
O th e r a sse ts_______________________________________________________________________

D e c . 31. 1937

S e p t. 28, 1938

D e c . 31, 1937

13, 207, 760
10, 882, 288
2, 340, 243

12, 937, 437
10, 712, 818
2, 298, 477

13, 957, 823
10, 574,143
1, 797, 407

330, 879
2, 447, 792
2, 401, 538
459, 990

276, 671
2, 317, 492
2, 545, 618
538, 376

280, 280
2, 046, 611
2, 566, 080
529,411

32, 070, 490

31, 626, 889

31, 751, 755

i +443, 601

i +318, 735

8, 694, 388
745, 650

8, 192, 978
774, 887

7, 005, 209
589, 457

+ 5 0 1 , 410
- 2 9 , 237

+ 1 , 689,179
+ 1 5 6 ,1 9 3

4, 119,
119,
50,
4,
1, 758,
945,
325,

3, 817, 382
119, 644
73, 374
1, 261
1,460, 367
968, 380
335, 567

3, 319,
94,
69,
3,
2, 259,
971,
342,

785
605
723
578
351
465
694

+ 3 0 2 , 313
+180
- 22, 821
+ 2 , 935
+ 2 9 8 , 342
- 2 3 , 343
- 9 , 933

+ 7 9 9 , 910
+ 2 5 , 219
- 1 9 ,1 7 0
+618
- 5 0 0 , 642
-2 6 ,4 2 8
- 1 7 ,0 6 0

0)
154, 504

0)
+ 7 , 757

(0
- 3 3 , 782

695
824
553
196
709
037
634

144, 508
120, 722
1 00,638\
129, 791/

49, 329, 835

T o ta l a s s e t s ________________________________________________________________

S e p t. 28, 1938

Change since—

0)
112, 965
207, 832
2

47, 691,526

2

i + 2 7 0 , 323
+ 1 6 9 , 470
+ 4 1 , 766

i - 7 5 0 , 063
+ 3 0 8 ,1 4 5
+ 5 4 2 ,8 3 6

i +54,
+130,
i -1 4 4 ,
i -7 8 ,

i + 5 0 , 599
+ 4 0 1 ,1 8 1
i - 1 6 4 , 542
i - 6 9 , 421

208
300
080
386

182,160

+ 2 2 , 597

+ 4 8 , 269

46, 744, 286

+1, 638, 309

+2,585,549

+1, 544, 491

+2,535, 771

L IA B IL IT IE S
D e m a n d d e p o s its — T o t a l ______________________________________ __________________
I n d i v i d u a l s , p a r tn e r s h ip s , a n d c o r p o r a t i o n s ____________________________
U n it e d S ta te s G o v e r n m e n t ________________________________________________
S ta te s a n d p o lit ic a l s u b d i v i s i o n s __________________________________________
B a n k s in U n it e d S ta te s _____________________________________________________
B a n k s in fo r e ig n c o u n t r ie s _________________________________________________
C e r t ifie d a n d o ffic e r s ’ c h e c k s , ca sh le tte r s o f c r e d it a n d tr a v e le r s ’
c h e c k s , e t c --------------------------------------------------------------------------------------------------T im e d e p o s its — T o t a l ____________________________________________________________
I n d i v i d u a l s , p a r tn e r s h ip s , a n d c o r p o r a t io n s :
S a v in g s d e p o s i t s ________________________________________________________
C e r tific a te s o f d e p o s i t __________________________________________________
C h r is tm a s s a v in g s a n d sim ila r a c c o u n t s ____________________________
O p e n a c c o u n t s __________________________________________________________
P o s t a l s a v in g s 3______________________________________________________________
S ta te s a n d p o lit ic a l s u b d i v i s i o n s __________________________________________
B a n k s in U n it e d S ta te s ____________________________________________________
B a n k s in fo r e ig n c o u n t r ie s _______________________ ,_________________________
T o ta l d e p o s it s _____________________________________________________________________
D u e t o o w n fo r e ig n b r a n c h e s ___________________________________________________
B ills p a y a b le , r e d is c o u n t s , a n d o th e r lia b ilitie s fo r b o r r o w e d m o n e y _____
A c c e p t a n c e s o u t s t a n d i n g ________________________________________________________
D i v i d e n d s d e c la r e d b u t n o t y e t p a y a b le 4_ . _________________________________
I n c o m e c o lle c t e d b u t n o t y e t e a r n e d __________________________________________
E x p e n s e s a c c r u e d a n d u n p a i d __________________________________________________
O th e r lia b ilit ie s ___________________________________________________________________

31, 852, 795

30, 308, 304

29, 317, 024

21,1 19 ,18 8
789, 816
2, 385, 689
6, 510, 303
500, 641

20, 438, 710
707, 267
2, 079, 830
6 ,0 8 8 ,0 9 3
456, 517

19, 747, 450
781,034
2,131, 984
5, 436, 442
452, 772

478
549
859
210
124

+ 1 , 371,
+ 8,
+253,
+ 1 ,0 7 3 ,
+47,

738
782
705
861
869

547, 158

537, 887

767, 342

+ 9 , 271

11, 510, 343

11, 462, 315

11, 521, 632

+48, 028

-11,289

9, 556, 698
702, 077
20, 971
566,116
61, 288
461, 512
131, 637
10, 044

9, 398, 613
724, 377
121, 292
544, 378
69, 605
464, 427
130,009
9, 614

126
327
761
832
653
721
641
571

+ 158, 085
- 2 2 , 300
- 1 0 0 , 321
+ 2 1 , 738
-8 ,3 1 7
-2 ,9 1 5
+ 1 ,6 2 8
+430

+ 9 5 , 572
- 3 8 , 250
- 7 , 790
- 9, 716
- 3 3 , 365
- 2 0 , 209
+ 2 , 996
-5 2 7

43, 363,138

41, 770, 619

40, 838, 656

+1, 592, 519

+2, 524, 482

117, 432
14, 001
121,414
35, 817

117,510
14, 621
173,611
43, 423

+ 2 5 , 993
- 7 , 792
+ 17, 323
4 - 3,153

+ 2 5 , 915
-8 ,4 1 2
- 3 4 , 874
4 - 1 0 , 759

222, 359

185, 290

-9 4 4

+ 3 6 ,1 2 5

41,373, 111

+1,623,946

+2,532,477

2, 430, 606
2,010, 421
602, 430
311,355
16, 363

- 2 2 , 530
+ 3 5 , 882
4 - 9 , 995
-9 ,0 5 0
4 + 2 0 ,0 5 6

- 2 7 ,5 0 8
+ 7 2 , 305
4 + 3 3 ,1 1 8
- 4 6 ,0 1 0
4 + 2 1 ,1 6 7

143, 425
6, 209
138, 737
32, 664
43, 649)
69, 683 }•
108, 083 ]

43,905,588

T o ta l lia b ilit ie s ____________________________________________________________

+680,
+82,
+305,
+422,
+44,

2

42,281,642

9, 461,
740,
28,
575,
94,
481,
128,
10,

2

-2 2 0 ,1 8 4

C A P IT A L A C C O U N T S
C a p it a l (see p a g e 3 ) ______________________________________________________________
S u r p lu s ____________________________________________________________________________
U n d i v i d e d p r o fits 4______________________________________________________________
R e s e r v e s fo r c o n t in g e n c ie s ______________________________________________________
O th e r c a p it a l a c c o u n ts 4_________________________________________________________

2, 425, 628
2, 046,844
645, 543
274, 395
17, 474

2, 403,098
2,082, 726
635, 548
265, 345
37, 530

T o ta l capital a c c o u n t s 4___________________________________________________

5, 424,247

T otal lia b ilitie s a n d ca pital a c c o u n t s ___________________________________

49,329, 835

N e t d e m a n d d e p o s it s s u b je c t t o re s e r v e (see p a g e 19)____________________
D e m a n d d e p o s it s — a d ju s t e d 5__________________________________________________
N u m b e r o f b a n k s ________________________________________________________________

25, 982, 672
22, 293, 326
6, 338

5, 409, 884
2

47, 691, 526
25, 038, 348
2 1,5 96 ,06 0
6, 341

2

5,371,175

4+14,363

4 +53, 072

46, 744, 286

+1, 638, 309

+2,585, 549

23, 740, 652
20, 387, 425
6, 341

+ 9 4 4 , 324
+ 6 9 7 , 266
-3

+ 2 , 242, 020
+ 1 , 905, 901
-3

1 F ig u r e s o f lo a n s a n d in v e s t m e n t s b e g in n in g D e c e m b e r 31, 1938 a re n o t e n t ir e ly c o m p a r a b le w it h p r io r ca ll d a te s b e c a u s e in v e s t m e n t s a n d
o t h e r a ssets ( p r i n c i p a ll y lo a n s ) i n d ir e c t l y re p r e s e n tin g b a n k p r e m is e s a n d o t h e r rea l e sta te a re n o w r e p o r t e d s e p a r a t e ly . S u c h in v e s t m e n t s a n d
o t h e r a ssets a m o u n t e d t o $94,569,000 a n d $49,939,000, r e s p e c t iv e ly , o n D e c e m b e r 31, 1938. F e d e r a l H o m e L o a n b a n k d e b e n t u r e s , n o w r e p o r t e d as
“ O b lig a t io n s o f G o v e r n m e n t c o r p o r a t io n s a n d a g e n c ie s , n o t g u a r a n t e e d b y U n it e d S t a te s ,” w e re h e r e to fo r e in c lu d e d in “ O t h e r b o n d s , n o te s , a n d
d e b e n t u r e s .”
2 R e v is e d t o e x c lu d e a c c e p t a n c e s o f o t h e r b a n k s a n d b ills s o ld w it h e n d o r s e m e n t , n o w r e p o r t e d as c o n t in g e n t lia b ilit ie s .
3 I n c lu d e s U n it e d S ta te s T r e a s u r e r ’ s t im e d e p o s it s , o p e n a c c o u n t.
4 R e s e r v e s fo r d i v id e n d s p a y a b le in c o m m o n s t o c k , $5,544,000 o n D e c e m b e r 31, 1938, w e r e fo r m e r ly p u b l is h e d as p a r t o f u n d iv id e d p r o fit s . R e ­
se r v e s fo r u n d e c la r e d ca sh d i v id e n d s o n c a p it a l s t o c k a n d fo r a c c r u e d in te r e s t o n c a p it a l n o t e s a n d d e b e n t u r e s , $10,691,000 o n D e c e m b e r 31, 1938,
w e r e f o r m e r ly r e p o r t e d in c o m b in a t i o n w it h d iv id e n d s d e c la r e d b u t n o t y e t p a y a b le . B e g in n in g D e c e m b e r 31, 1938 t h e se t w o re s e rv e s are in c lu d e d
in “ O t h e r c a p it a l a c c o u n t s .”
5 D e m a n d d e p o s it s o t h e r t h a n in t e r b a n k a n d U n it e d S ta te s G o v e r n m e n t , less ca sh it e m s r e p o r t e d as in p r o c e s s o f c o lle c t io n .




(i)

2
ALL MEMBER BANKS— CONDITION ON SELECTED CALL DATES,
DECEMBER 30, 1933, TO DECEMBER 31, 1938
[Amounts in thousands of dollars]
1933
D e c . 30

1938
D e c . 31

1934
D e c . 31

1935
D e c . 31

1936
D e c . 31

1937
D e c . 31

1938
S e p t. 28

12, 028,103
9, 905, 692

1 2,175,102
10, 500, 527
1, 767, 864

13, 359,853
11, 639, 486
1, 905, 718

13, 957, 823
10, 574,143
1, 797, 407

12, 937, 437
10, 712, 818
2, 298, 477

13, 207, 760
10,882, 288
2, 340, 243

990
515
404
472

295, 628
2, 226,412
3 ,0 3 1,0 28
541, 559

280, 280
2, 046, 611
2, 566,080
529, 411

276, 671
2, 317, 492
2, 545, 618
538, 376

330, 879
2, 447, 792
2,401, 538
459,990

28,150,278

29,984, 874

32,999, 684

31, 751, 755

31, 626, 889

32,070, 490

4,081, 565
608, 602

5, 573, 212
664, 778

6, 571, 694
697, 380

7,005, 209
589, 457

8 ,1 9 2 ,9 7 8
774, 887

8, 694, 388
745, 650

3, 035, 834
e 113,139
184, 515
92, 536
- 1, 903, 307
1, 001, 087
313, 556

3, 621,009
154, 870
50, 788
5, 572
2, 254, 755
991, 684
366, 979

3, 918,
147,
55,
14,
2, 533,
981,
367,

3 ,319,
94,
69,
3,
2, 259,
971,
342,

3, 817, 382
119, 644
73, 374
1,261
1, 460, 367
968, 380
335, 567

4,119, 695
119, 824
50, 553
4,196
1, 758, 709
945, 037
325, 634

ASSETS
L o a n s (i n c l u d i n g o v e r d r a ft s ) i _______________________________
12. 833, 483
7, 254, 234
U n it e d S ta te s G o v e r n m e n t d ir e c t o b li g a t io n s ____________
O b lig a t io n s g u a r a n t e e d b y U n it e d S ta te s G o v e r n m e n t —
O b lig a t io n s o f G o v e r n m e n t c o r p o r a t io n s a n d a g e n c ie s ,
n o t g u a r a n t e e d b y U n it e d S ta te s i ________________________
O b lig a t io n s o f S ta te s a n d p o l it i c a l s u b d i v is i o n s __________
1, 788, 686
2, 747,199
O t h e r b o n d s , n o t e s , a n d d e b e n t u r e s i _______________________
C o r p o r a t e s t o c k s (i n c l u d i n g F e d e r a l R e s e r v e b a n k s t o c k )
596,041
25,219, 643
T o ta l lo a n s a n d in v e s tm e n t s i ________________________________
2, 677, 693
R e s e r v e w it h F e d e r a l R e s e r v e b a n k s _______________________
471, 006
C a s h in v a u l t ___________________________________________________
D e m a n d b a la n c e s w it h b a n k s in U n it e d S ta te s (e x c e p t
1, 969,141
p r iv a t e b a n k s a n d A m e r ic a n b r a n c h e s o f fo r e ig n b a n k s ) _
O th e r b a la n c e s w it h b a n k s in U n it e d S t a te s ________ _____
6 61, 868
158, 683
B a la n c e s w it h b a n k s in fo r e ig n c o u n t r ie s __________________
143, 816
D u e fr o m o w n fo r e ig n b r a n c h e s _____________________________
7 1,132, 338
C a s h it e m s in p r o c e s s o f c o l le c t io n __________________________
981, 206
Bank premises owned and furniture and fixtures_______
274, 966
O t h e r rea l e sta te o w n e d _______________________________________
I n v e s t m e n t s a n d o t h e r a ssets in d ir e c t l y r e p r e s e n tin g rea l
e s t a t e 1_________________________________________________________
459, 264
C u s t o m e r s ’ l i a b i li t y o n a c c e p t a n c e s _________________________
I n c o m e a c c r u e d b u t n o t y e t c o l le c t e d _______________________
280, 353

Other assets____________________________________

364,
1,964,
2, 380,
517,

_____

2 33, 829,

Total assets

452
736
764
323

272,
2,177,
2, 581,
509,

620
837
480
209
275
975
486

785
605
723
578
351
465
694

241, 951

179, 071

179,414

154,504

112, 965

349, 060

263, 306

240, 701

182,160

207, 832

977 2 40, 075, 430

44,110,!

2 48,

‘

707, 755 2 46, 744,286 247,691,526

144,508
120,722
100, 638
129, 791

49,329, 835

LIABILITIES
D e m a n d d e p o s its — T o t a l ______________________________________
I n d i v i d u a l s , p a r tn e r s h ip s , a n d c o r p o r a t i o n s __________
U n it e d S ta te s G o v e r n m e n t ______________________________
S ta te s a n d p o lit ic a l s u b d i v is i o n s __________________ _____
B a n k s in U n it e d S t a te s __________________________________
B a n k s in fo r e ig n c o u n t r ie s _______________________________
C e r t ifie d a n d o ffic e r s ’ c h e c k s , ca sh le tte r s o f c r e d it
a n d t r a v e le r s ’ c h e c k s , e t c ---------------------------------------------T i m e d e p o s its — T o t a l __________________________________________
I n d i v i d u a l s , p a r tn e r s h ip s , a n d c o r p o r a t io n s :
S a v in g s d e p o s i t s ______________________________________
C e r tific a te s o f d e p o s i t ___________________________
C h r is t m a s s a v in g s a n d s im ila r a c c o u n t s __________
O p e n a c c o u n t s ________________________________________
P o s t a l s a v in g s _____________________________________________
S ta te s a n d p o l it i c a l s u b d i v is i o n s -----------------------------------B a n k s in U n it e d S t a te s __________________________________
B a n k s in fo r e ig n c o u n t r ie s _______________________________
T o ta l d e p o s it s ___________________________________________________
D u e t o o w n fo r e ig n b r a n c h e s ___________________________ _____
B ills p a y a b le , r e d is c o u n t s , a n d o t h e r lia b ilit ie s for b o r ­
r o w e d m o n e y _________________________________________________
A c c e p t a n c e s o u t s t a n d i n g ______________________________________
D i v i d e n d s d e c la r e d b u t n o t y e t p a y a b le 4--------------------------I n c o m e c o lle c t e d b u t n o t y e t e a r n e d ________________________
E x p e n s e s a c c r u e d a n d u n p a i d —__________ ___________________
O th e r lia b ilit ie s ________________________________________________
T o ta l l i a b i li t ie s __________________________________________

18,041, 733

23, 940, 477

28, 040,086

31, 896,215

29, 317, 024

30, 308,304

31,852, 735

12,108, 621
967,167
1, 319, 689
3,138, 755
129, 248

14,
1,
1,
4,

18, 035,
844,
2,139,
5, 695,
443,

20, 970, 304
881, 961
2, 329,180
6, 401, 831
431, 808

19, 747, 450
781,034
2 ,131, 984
5, 436, 442
452, 772

20, 438,
707,
2,079,
6, 088,
456,

21,119,188
789, 816
2, 385, 689
6, 510, 303
500, 641

951,169
635, 516
799, 435
569, 264
146, 838

082
041
464
795
998

710
267
830
093
517

378, 253

838, 255

881, 706

881,131

767, 342

537, 887

547,158

9,125,241

9, 907, 928

10, 414, 097

10,989, 111

11, 521, 632

11, 462,315

11, 510, 343

6,428, 536
900, 043
18,061
s 610, 402
778, 205
300, 559
82, 793
6, 642

7, 599,
881,
19,
520,
451,
294,
133,
7,

126
327
761
832
653
721
641
571

9, 398, 613
724, 377
121, 292
544, 378
69, 605
464, 427
130,009
9,614

9, 556, 698
702,077
20.971
566,116
3 61, 288
461,512
131, 637
10,044

27,166, 974

028
978
347
089
988
452
552
494

33, 848, 405

13, 748
19,128
262, 767
40, 312

155, 009
491, 694

f 1,040,190

28, 867, 615

9, 461,
740,
28,
575,
94,
481,
128,
10,

860
901
503
372
564
346
775
776

8, 991, 216
765, 315
25, 319
647, 498
104, 369
296, 229
153,372
5, 793

38, 454,183

42, 885,326

40, 838, 656

41, 770, 619

43, 363,138

51,379

63, 968

117, 510

117, 432

143, 425

14,199
197, 571
41,019

17,135
201, 487
45, 431

14, 621
173,611
43, 423

14,001
121,414
35, 817

207, 375

219, 229

185, 290

222, 359

6,209
138, 737
32, 664
43, 649
69, 683
108,083

8, 293,
815,
21,
548,
217,
361,
150,
4,

5, 020, 935 238, 965, 726 243, 432, 576 241, 373, 111 242,281,642

43,905,5

CAPITAL ACCOUNTS
2, 415, 629
1, 749, 935
355, 386
441, 412

C a p it a l (see p a g e 3 ) ________
S u r p lu s _______________________
U n d iv i d e d p r o f i t s 4_________
R e s e r v e s fo r c o n t in g e n c ie s ..
O t h e r c a p it a l a c c o u n t s 4___

Total capital accounts4---------------------Total liabilities and capital accounts^
N e t d e m a n d d e p o s it s s u b je c t t o r e s e r v e (see p a g e 1 9 ).
D e m a n d d e p o s it s — a d ju s t e d 5-----------------------------------------N u m b e r o f b a n k s __________________________________________

r or louiiiuivb

1

to o*

i.

4, 962,362

2, 664, 086
1, 661, 656
391,013
335, 218
2, 522

2, 633, 740
1, 710, 599
458, 292
336, 375
6,166

054, 495

5,145,172

i,

233,829, 977 240, 075, 430 244,110,8
14, 821,139
12, 674, 225
6,011

18, 850, 646
15, 685, 552
6, 442

22,169, 397
18, 801, 497
6, 387

2, 453, 840
1, 936, 370
560,324
309, 817
14, 828

2, 430,
2, 010,
602,
311,
16,

5,275,179

5, 371,175

5, 409, 884

5, 424,247

248, 707, 755 246, 744,286

47,691,526

49,329, 835

25,038, 348
21, 596,060
6, 341

25, 982, 672
22, 293, 326
6, 338

25, 449, 917
21,647, 340
6, 376

.

606
421
430
355
363

2, 425,
2,046,
645,
274,
17,

23, 740, 652
20, 387, 425
6, 341

,

2,403,
2, 082,
635,
265,
37,

628
844
543
395
474

i i.

//

i

098
726
548
345
530

6 B a la n c e s w it h p r iv a t e b a n k s a n d A m e r ic a n b r a n c h e s o f fo r e ig n b a n k s w e re n o t r e p o r t e d s e p a r a t e ly o n th e s e d a te s a n d are in c lu d e d in “ O th e r
it s .”
^ I n c lu d e s s o m e ca sh it e m s n o t in p r o c e s s o f c o lle c t io n .
s I n c l u d e s $27,288,000 r e p o r t e d s e p a r a t e ly as d e p o s its t h e p a y m e n t o f w h ic h w a s d e fe rre d b y a g r e e m e n t o r o th e r w is e .




3
ALL MEMBER BANKS— CLASSIFICATION OF LOANS, INVESTMENTS, REAL ESTATE, AND CAPITAL
ON SELECTED CALL DATES, DECEMBER 30, 1933, TO DECEMBER 31, 1938
[In thousands of dollars]
1933
D e c . 30

1934
D e c . 31

1935
D e c . 31

L o a n s l— ‘T o t a l ___________________________________________________________________ 12, 833, 483 12, 028,103 12,175,102
C o m m e r c ia l a n d in d u s t r ia l lo a n s 2______________________________________
A g r ic u lt u r a l lo a n s 2________________________________________________________
271,
131, 557
C o m m e r c ia l p a p e r b o u g h t in o p e n m a r k e t _____________________________
36, 524
28,
B ills , a c c e p ta n c e s , e t c ., p a y a b le in fo r e ig n c o u n tr ie s __________________
181,
223, 361
A c c e p t a n c e s o f o th e r b a n k s , p a y a b le in U n it e d S ta te s _______________
212, 637
169,
R e p o r t in g b a n k s ’ o w n a c c e p t a n c e s ______________________________________
, 243,
L o a n s t o b r o k e r s a n d d e a le rs in s e c u r itie s ______________________________ 1, 005, 693
5, 892,
3, 605, 685
O th e r lo a n s fo r p u r c h a s in g o r c a r r y in g s e c u ritie s 3_________________
317, 853
251,
R e a l e sta te lo a n s : O n fa r m l a n d __________________________________________
O n re s id e n tia l p r o p e r t y _____________________________ 12, 041, 442
!, 032,
O n o th e r p r o p e r t ie s __________________________________
155,
287, 003
97,
L o a n s to b a n k s _____________________________________________________________
:, 999,
701,
A l l o th e r lo a n s 4____________________________________________________________ 4, 967, 005
6,
4, 723
6,
O v e r d r a f t s ________________________________ .*_________________________________
500,
905,
U n ite d S ta te s G o v e r n m e n t d ir e c t o b lig a t io n s — T o t a l ______________________ 7, 254, 234
,030,
5 927,057
191,
T r e a s u r y b i l l s ______________________________________________________________
403,
1, 916, 299
, 217,
T r e a s u r y n o t e s _____________________________________________________________
B o n d s m a tu r in g in 1939-1943 2___________________________________________
B o n d s m a tu r in g in 1944-1948 2___________________________________________
905,
4,410,878 4, 658, 549
B o n d s m a tu r in g in 1949-1958 2___________________________________________
B o n d s m a tu r in g in 1959 or la te r 2________________________________________
989,208
767,
O b lig a t io n s g u a r a n t e e d b y U n ite d S ta te s G o v e r n m e n t — T o t a l ___________
(6)
M a tu r in g in 1939-1943 2_______________________________________________
241,
241,
R e c o n s t r u c t io n F in a n c e C o r p o r a t i o n ___________________________________
(6)
505,
, 090,
H o m e O w n e r s ’ L o a n C o r p o r a t io n _______________________________________
242,
435,
F e d e r a l F a r m M o r t g a g e C o r p o r a t i o n ___________________________________
O th e r G o v e r n m e n t c o r p o r a t io n s a n d a g e n c ie s _________________________
O b lig a t io n s o f G o v e r n m e n t c o r p o r a tio n s a n d a g e n c ie s , n ot g u a r a n te e d
364, 452
272,990
b y U n ite d S ta te s— T o t a l _____________________________________________________
( 6)
M a tu r in g in 1939-194.3 2_______________________________________________
175, 161
136,015
F e d e r a l L a n d b a n k s _______________________________________________________
(6)
97, 829
117, r “
F e d e r a l I n t e r m e d ia te C r e d it b a n k s _____________________________________
(6)
8 111, 148
O th e r G o v e r n m e n t c o r p o r a t io n s a n d a g e n c ie s _________________________
O b lig a t io n s o f S ta te s a n d p o litica l s u b d i v is i o n s 9— T o t a l __________________ 1, 788, 686 1, 964, 736 2,177, 515
I n d e f a u l t 2__________________________________________________________________
W i t h o u t s p e c ific m a t u r it y 2______________________________________________
M a t u r i n g in 1939-1943 2____________________________________________________
M a t u r i n g in 1944 o r la te r 2________________________________________________
O t h e r b o n d s , n o te s , a n d d e b e n t u r e s *— T o t a l ______________________________ 82, 747,199 2, 380, 764 2, 581, 404
In default 2______________________________________________________________
M a tu r in g in 1939-1943 2_______________________________________________
719, 376
792, 983
821, 837
R a il r o a d s ____________________________________________________________________
704, 698
714, 803
855, 647
P u b l ic u t il it i e s _____________________________________________________________
I n d u s tr ia ls 2________________________________________________________________]
872, 978
903, 920
O th e r d o m e s t ic c o r p o r a t io n s ____________________________________________ f fll, 323, 125
F o r e ig n — p u b l i c a n d p r i v a t e 11__________________________________________ j
596, 041
517, 323
509, 472
C orp ora te s t o c k s 1— T o t a l ______________________________________________________
146, 553
130, 317
139, 829
F e d e r a l R e s e r v e b a n k _____________________________________________________
A ffilia te s o f r e p o r t in g b a n k s ____________________________________________ 1
O t h e r d o m e s t ic b a n k s ____________________________________________________(
456, 212
370, 770
O t h e r d o m e s t ic c o r p o r a t i o n s ____________________________________________ [
F o r e ig n c o r p o r a t io n s 11___________________________________________________ j
B a n k p r e m is e s , fu r n itu r e & fix tu re s, a n d o th e r re a l e sta te — T o t a l ______ 1, 256,172 1, 314, 643 1, 358, 663
B a n k p r e m is e s _____________________________________________________________\
981, 206 1, 001, 087
991,684
F u r n it u r e a n d fix tu r e s ___________________________________________________ j
F a r m la n d (i n c l u d i n g im p r o v e m e n t s ) _________________________________ I
274, 966
313, 556
366, 979
R e s id e n t ia l p r o p e r t ie s _____________________________ ______________________ [>
O t h e r rea l p r o p e r t ie s _____________________________________________________ J
A s s e t s in d ir e c t ly r e p r e s e n tin g b a n k p r e m is e s o r o t h e r re a l e s ta te 1— T o t a l
I n v e s t m e n t s 1_______________________________________________________________
O th e r a ssets 1________________________________________________________________
C a p ita ]:
P a r o r fa ce v a l u e — t o t a l ____j ______________________________________________ 2, 417, 077 2, 668,169 2, 642,146
103, 610
120, 465
115, 100
C a p it a l n o te s a n d d e b e n t u r e s _______________________________________
564, 383
530, 628
159, 025
F ir s t p r e fe r r e d s t o c k __________________________________________________
22, 946
29, 180
5, 750
S e c o n d p r e fe rr e d s t o c k ________________________________________________
2, 148, 692 1, 994, 130 1, 933, 483
C o m m o n s t o c k _____________________________________ ’ __________________
R e t i r a b l e v a lu e o f: F ir s t p r e fe r r e d s t o c k _______________________ ________
S e c o n d p r e fe r r e d s t o c k _____________________________

171, 242
6, 000

543, 727
23, 697

578, 994
30, 554

1936
D e c . 31

1937
D e c . 31

1938
S e p t. 28

1938
D e c . 31

13, 359, 853 13, 957, 823 12,937, 437 13,207, 760
382,137
323, 742
18, 388
160, 525
131,131
1, 410, 608
2, 784, 736
258, 227

500,
363,
22,
125,
129,
950,
:, 752,
264,

271, 474
13, 206
86, 972
111.918
712, 808
!, 589, 614
275, 220

2, 146, 305

!, 386, 034

85, 109
5, 651, 416
7, 529

126,038
i, 352, 936
11, 217

4, 732,173
716, 521
247, 829
9, 987
88, 048
94, 730
973, 351
774, 956
278,092
1, 720, 434
717, 390
124, 785
2, 721, 488
7, 976

11, 639, 486

712, 818 10, 882,288

1, 052, 517
4, 526, 645

285, 789
3, 388, 961
f 726,907
j 2 ,4 5 3,0 98
, 692, 735
] 2,887, 835
(1 ,13 9 , 698
313, 458
, 706, 625

6,060, 324

1, 905, 718

407

, 298, 477 2,340,243

255,
., 143,
398,

425,
, 292,
419,
160,

295, 628

7 280, 280

i 276, 671

184, 560
111,068

150,106
130, 174
( 7)

126, 395
150, 276
(7)

210, 328
1, 238,002
457, 388

576
94'
168
786

963,157
426, 961
1, 323, 848
433, 588
155, 846

, 226, 412 2, 046, 611 2, 317, 492

, 031, 028 72, 566, 080 72, 545, 618
991, 934
1, 002, 085

885, 643
794, 471

826,415
772, 612

1, 037, 009

7 885, 966

7 946, 591

541, 559

529, 411

538, 376

130, 744

132, 637

134,120

410, 815

396, 774

404, 256

1, 349, 461 1, 314,159 1, 303, 947
981, 975

971, 465

968, 380

367, 486

342, 694

335, 567

2, 457, 606 2. 415, 007 2,408,291 2, 409, 770
74,
396,
27,
1,959,

432
130
579
465

52,006
342, 903
25, 239
1, 994, 859

48,144
317, 675
25,166
2,017, 306

438, 314
29, 421

391,809
29, 303

372, 940
29, 578

47,
314,
24,
2, 023,

369
626
473
302

378, 450
29, 762

1 S ee f o o t n o t e 1 o n p a g e 1.
2 N o t r e p o r t e d s e p a r a t e ly w h e r e n o fig u re s a re s h o w n .
3 F ig u r e s p r io r t o D e c e m b e r 31, 1938 r e p r e s e n t a ll lo a n s o n s e c u ritie s , re g a rd le ss o f p u r p o s e , e x c e p tin g o n l y lo a n s t o b a n k s a n d t o b r o k e r s a n d
d e a le rs.
4 T h is is a r e s id u a l it e m a n d , b e c a u s e o f r e v is e d lo a n cla s s ific a t io n b e g in n in g D e c e m b e r 31, 1938, t h e re s id u a l a m o u n t s a re n o t c o m p a r a b le . E x ­
c lu d e s a g r ic u lt u r a l lo a n s w h e r e s h o w n s e p a r a t e ly .
5 I n c lu d e s c e r t ific a t e s o f in d e b t e d n e s s .
6 O b lig a t io n s o f R e c o n s t r u c t io n F in a n c e C o r p o r a t io n e s t im a t e d as $125,000,000, a n d o b lig a t io n s o f F e d e r a l L a n d a n d I n t e r m e d i a t e C r e d i t b a n k s
e s t im a t e d as $150,000,000, a re in c lu d e d in “ O th e r b o n d s , n o t e s , a n d d e b e n t u r e s .”
7 F e d e r a l H o m e L o a n b a n k d e b e n t u r e s a re in c lu d e d in “ O t h e r b o n d s , n o te s , a n d d e b e n t u r e s .”
8 H o m e O w n e r s ’ L o a n C o r p o r a t io n b o n d s g u a r a n t e e d as t o in te r e s t b u t n o t p r in c ip a l.
9 I n c lu d e s o b lig a t io n s o f t e r r it o r ia l a n d in s u la r p o s se ss io n s.
10 D o e s n o t in c lu d e r a ilr o a d o b lig a t io n s o t h e r t h a n b o n d s .
11 C o r p o r a t e s t o c k s o f fo r e ig n c o r p o r a t io n s w e r e r e p o r t e d in c o m b in a t i o n w it h fo r e ig n b o n d s , n o t e s , a n d d e b e n t u r e s p r io r t o D e c e m b e r 31, 1938.




4
ALL MEMBER BANKS— CONDITION ON DECEMBER 31, 1938, BY CLASSES OF BANKS
[Amounts in thousands of dollars]

A ll
m em ber
banks

A ll
n a t io n a l
m em ber
banks

A l l S ta te
m em ber
banks

C e n t r a l re s e r v e c i t y
m em ber b a n k s1

N ew Y ork

C h ic a g o

R eserve
city
m em ber
ban k s1

C o u n try
m em ber
ban k s1

ASSETS
L o a n s (i n c l u d i n g o v e r d r a f t s ) --------------------------------------------------U n it e d S ta te s G o v e r n m e n t d ir e c t o b li g a t io n s ------------------O b lig a t io n s g u a r a n t e e d b y U n it e d S ta te s G o v e r n m e n t . __
O b lig a t io n s o f G o v e r n m e n t c o r p o r a t io n s a n d a g en cies ,
n o t g u a r a n t e e d b y U n it e d S t a te s __________________________
O b lig a t io n s o f S ta te s a n d p o l it i c a l s u b d i v is i o n s ___________
O t h e r b o n d s , n o t e s , a n d d e b e n t u r e s _________________________
C o r p o r a t e s t o c k s (i n c l u d i n g F e d e r a l R e s e r v e b a n k s t o c k ) .

13,2 07 ,76 0
10,882, 288
2, 340, 243

7 ,157, 338
1, 533,441

4, 738,379
3, 724, 950
806, 802

3, 262,309
2 ,9 6 2 ,9 7 1
894, 302

538, 602
1 ,0 0 4 ,9 3 7
108,909

4 ,9 6 2 ,9 0 6
4, 278,074
739, 905

330, 879
2, 447, 792
2,401, 538
459,990

227,185
1, 604, 446
1, 683, 698
227, 392

103,694
843, 346
717, 840
232, 598

121,082
517,209
404, 626
172,283

27,393
140, 748
118, 603
29, 709

100,174
807, 504
610, 753
154, 644

Total loans and investments--------------------------------------------

32, 070, 490

20, 902, 881

11,167, 609

8, 334, 782

1, 968, 901

11, 653, 960

10,112, 847

R e s e r v e w it h F e d e r a l R e s e r v e b a n k s ----------------------------------C a s h in v a u l t -----------------------------------------------------------------------------D e m a n d b a la n c e s w it h b a n k s in U n it e d S ta te s (e x c e p t
p r iv a t e b a n k s a n d A m e r ic a n b r a n c h e s o f fo r e ig n b a n k s ) _
O t h e r b a la n c e s w it h b a n k s in U n it e d S ta te s _______________
B a la n c e s w it h b a n k s in fo r e ig n c o u n t r ie s ----------------------------D u e fr o m o w n fo r e ig n b r a n c h e s ______________________________
C a s h ite m s in p r o c e s s o f c o l le c t io n ___________________________
B a n k p r e m is e s o w n e d a n d fu r n it u r e a n d fix tu r e s _________
O t h e r rea l e sta te o w n e d _______________________________________
I n v e s t m e n t s a n d o t h e r a ssets i n d ir e c t l y r e p r e s e n tin g
rea l e s t a t e _____________________________________________________
C u s t o m e r s ’ li a b i li t y o n a c c e p t a n c e s -------------------------------------I n c o m e a c c r u e d b u t n o t y e t c o l le c t e d ----------------------------------O t h e r a s s e t s .------- ------------------------------------------------------------------------

8, 694, 388
745, 650

4, 775, 236
551,158

3 ,9 1 9 ,1 5 2
194, 492

4,1 0 3, 767
68; 247

883, 775
34, 572

2, 354,176
320, 553

1, 352, 670
322, 278

4 ,119, 695
119, 824
50, 553
4 ,1 9 6
1, 758, 709
945,037
325, 634

3,144, 921
89, 775
29, 724
4,1 9 6
1,100, 827
615, 923
146, 780

974,774
30,049
20, 829

222, 527
12, 764
1,992
119,728
21,097
5, 502

1, 885, 687
54, 398
11, 289
4,0 0 4
786, 776
329, 265
118,816

1,904, 710
50, 886
3 ,196

657," 882
329,114
178, 854

106, 771
1,776
3 4.076
192
579, 743
213,474
33, 791

144, 508
120, 722
100,638
129, 791

69, 522
64, 394
60,424
48,166

74, 986
56, 328
40,214
81, 625

16, 906
89, 523
30, 896
43.076

985
2, 431
8, 391
6, 621

97, 551
27,147
41, 580
34,984

29,066
1,621
19.771
45,110

49,329, 835

31, 603, 927

17, 725, 908

13, 657, 020

3, 289, 286

17, 720,186

14, 663, 343

Demand deposits— T o t a l --------------------------------------------------------

31, 852, 795

19,981, 091

11, 871, 704

11, 011, 639

2, 558, 360

11,196, 531

7, 086,265

I n d i v i d u a l s , p a r tn e r s h ip s , a n d c o r p o r a t i o n s __________
U n it e d S ta te s G o v e r n m e n t ______________________________
S ta te s a n d p o l it i c a l s u b d i v is i o n s -----------------------------------B a n k s in U n it e d S ta te s __________________________________
B a n k s in fo r e ig n c o u n t r ie s ----------------------------------------------C e r t ifie d a n d o ffic e r s ’ c h e c k s , ca s h le tte r s o f c r e d it
a n d t r a v e le r s ’ c h e c k s , e t c ---------------------------------------------Time deposits— T o t a l --------------------------------------------------------------I n d i v i d u a l s , p a r t n e r s h ip s , a n d c o r p o r a t io n s :
S a v in g s d e p o s i t s ______________________________________
C e r t ific a t e s o f d e p o s i t ________________________________
C h r is t m a s s a v in g s a n d s im ila r a c c o u n t s __________
O p e n a c c o u n t s ________________________________________
P o s t a l s a v in g s 2____________________________________________
S ta te s a n d p o l it i c a l s u b d i v is i o n s ________________________
B a n k s in U n it e d S ta te s ___________________ „ --------------------B a n k s in fo r e ig n c o u n t r ie s _______________________________

2 1,1 19 ,18 8
789, 816
2, 385, 689
6, 510, 303
500, 641

12, 942, 704
530,183
1, 769, 791
4 ,167, 506
227,003

7, 273, 337
139, 413
280,100
2, 687, 377
436, 776

1, 596, 974
83, 419
181, 490
657,821
9, 493

Total deposits___________________________________________
D u e t o o w n fo r e ig n b r a n c h e s ------------------------------------ ------------B ills p a y a b le , r e d is c o u n t s , a n d o th e r lia b ilitie s fo r b o r ­
r o w e d m o n e y . — --------------------------------------------------------------------A c c e p t a n c e s o u t s t a n d i n g _____________________________________
D i v i d e n d s d e c la r e d b u t n o t y e t p a y a b l e ----------------------------I n c o m e c o lle c t e d b u t n o t y e t e a r n e d ________________________
E x p e n s e s a c c r u e d a n d u n p a i d _______________________________
O th e r lia b ilit ie s _________________________________________________

Total assets..

4, 443, 943
2, 636, 306
597,127
82,
982,
1, 267,
103,

230
331
556
354

272, 462
381, 201
167, 525

LIABILITIES

Total liabilities_____________________

8 ,176,
259,
615,
2, 342,
273,

484
633
898
797
638

7, 034,
424,
796,
2, 719,
52,

292
317
320
227
673

5, 214, 585
142, 667
1,127, 779
445, 878
1,699
153, 657

547,158

343, 904

203,254

194,636

29,163

169, 702

11, 510,343

8,014, 630

3, 495, 713

694,113

461,111

4, 632,174

5,

387, 611
28, 075
876
235, 366

404, 785
14, 718
143
32,1 15

36, 239
302
5, 644

9, 350

3,8 0 9, 606
183, 946
7, 541
232, 401
17, 284
268, 744
108, 252
4,400

4, 954, 696
475, 338
12,411
66, 234
44,004
147,179

,019, 471

15,828, 705

12,809,210

9, 556, 698
702,077
20,971
566,116
61, 288
461, 512
131, 637
1 0,044

6, 676,
544,
14,
260,
51,
362,
97,
7,

722, 945

490
528
594
206
368
781
299
364

157,549
6, 377
305, 910
9, 920
98, 731
34,338
2, 680

43,363,138

27,995,721

15,367,417

11, 705, 752

143, 425

97, 829

45, 596

143, 425

6,2 0 9
138, 737
32, 664
4 3,649
69, 683
108,083

5,608
71, 775
18, 707
29, 288
40,877
23, 169

601
66,962
13, 957
14, 361
28, 806
84,9 14

104, 228
12, 654
8, 560
15, 864
73, 981

2, 666
800
1 ,486
7, 760
252

378
30,173
11, 839
21, 731
29, 506
20, 606

5, 831
1,670
7,371
11, 872
16, 553
13, 244

43, 905,588

28,282, 974

15, 622, 614

12, 064, 464

3,032, 435

15,942,938

12, 865, 751

CAPITAL ACCOUNTS
C a p it a l (see p a g e 5 ) .........—
S u r p lu s _______________________
U n d i v i d e d p r o fit s __________
R e s e r v e s fo r c o n t in g e n c ie s ..
O t h e r c a p it a l a c c o u n t s _____

Total capital accounts_______________
Total liabilities and capital accounts.
N e t d e m a n d d e p o s it s s u b je c t t o r e s e r v e (see p a g e 1 9 ).
D e m a n d d e p o s it s — a d ju s t e d 3____________________________
N u m b e r o f b a n k s ------------------------------- --------------------------------

796,
643,
219,
105,
11,

931, 768
558, 954
217,354
67, 373
22,143

1, 566,
1,146,
419,
158,
29,

847
800
426
318
562

836, 251
935, 926
216,122
107,027
7, 968

548, 395
807, 960
169, 635
63, 350
3 ,2 1 6

5,424,247

3,320,953

2,103,294

1,592,556

256,851

1, 777,248

1,797,592

3,289,286

17, 720,186

14,663,343

49,329,835

31, 603,927

17, 725,908

13,657,020

25, 982, 672
22, 293, 326
6, 338

15, 738, 373
13, 955, 572
5, 224

10, 244, 299
8, 337, 754
1,114

10, 325,125
7,168, 330
36

126,
72,
28,
28,

500
280
747
951
373

1 S ee s e c o n d a n d t h ir d p a r a g r a p h s o n b a c k o f t it le p a g e .
2 I n c lu d e s U n it e d S ta te s T r e a s u r e r ’ s t im e d e p o s it s , o p e n a c c o u n t .
s D e m a n d d e p o s it s o t h e r t h a n in t e r b a n k a n d U n it e d S ta te s G o v e r n m e n t , less ca s h it e m s r e p o r t e d as in p r o c e s s o f c o l le c t io n .




435
532
812
671
798

2, 403,098
2 ,082, 726
635, 548
265, 345
37, 530

4, 913, 614
6, 223, 559
5,945

5
ALL MEMBER BANKS— CLASSIFICATION OF LOANS, INVESTMENTS, REAL ESTATE, AND CAPITAL
ON DECEMBER 31, 1938, BY CLASSES OF BANKS
[In thousands of dollars]

A ll
m em ber
banks

Loans—total__________________________________________ - - - C o m m e r c ia l a n d in d u s t r ia l lo a n s --------------------------------------A g r ic u lt u r a l l o a n s -----------------------------------------------------------------C o m m e r c ia l p a p e r b o u g h t in o p e n m a r k e t ---------------------B ills , a c c e p t a n c e s , e t c ., p a y a b le in fo r e ig n c o u n t r ie s —
A c c e p t a n c e s o f o t h e r b a n k s , p a y a b le in U n it e d S ta te s ..
R e p o r t in g b a n k s ’ o w n a c c e p t a n c e s -----------------------------------L o a n s t o b r o k e r s a n d d e a le rs in s e c u r itie s -----------------------O th e r lo a n s fo r p u r c h a s in g o r c a r r y in g s e c u r it ie s ----------R e a l e s ta te lo a n s :
O n fa r m l a n d ____________________________________________
O n r e s id e n tia l p r o p e r t y ------------------------------------------------O n o th e r p r o p e r t ie s _____________________________________
L o a n s to b a n k s ______________________ _____ __________________
A l l o t h e r lo a n s ________________________________________________
O v e r d r a f t s ____________________________________________________

U. S. Government direct obligations—total
T r e a s u r y b i l l s -------------------------------------------T r e a s u r y n o t e s -----------------------------------------B o n d s m a t u r in g in 1939-1943-----------------B o n d s m a tu r in g in 1944-1948-----------------B o n d s m a t u r in g in 1949-1958-----------------B o n d s m a t u r in g in 1959 or la t e r -------------

A ll
n a t io n a l
m em ber
banks

A ll
S ta te
m em ber
banks

C en tra l reserv e c it y
m em ber banks 1

N ew
Y ork

, 207,760 8, 469, 381 4, 738, 379 3,262,309
, 732,173
716, 521
247, 829
9, 987
88,048
94, 730
973, 351
774, 956

3 ,0 8 6 ,8 5 0
612,064
168, 571
7 ,214
4 3,019
57,088
398. 781
477, 678

278,092
, 720, 434
717, r ‘
124, 785
, 721, 488
7,976

225,029
1,087. 200
412, 686
53, 546
1, 834, 995
4, 660

C h ic a g o

C o u n try
m em ber
banks 1

538, 602 4, 962,906 4, 443, 943

323
457
258
773
029
642
570
278

1, 449, 781
10, 768
9,0 3 9
927
76, 224
52, 269
786, 708
220,171

319, 233
16, 770
13,071
457
186
2, 399
42, 889
69, 773

53, 063
633, 234
304, 704
71, 239
886, 493
3,316

294
59, 395
61, 441
98, 905
433,186
3, 201

206
6, 768
4, 534
520
61, 747
49

1, 645,
104,
79,
2,
45,
37,
574,
297,

R eserv e
city
m em ber
banks 1

1 ,915, 271
205, 456
91,886
7, 569
10. 345
37, 950
119,197
241, 963

1, 047, 888
483, 527
133,833
1,034
1, 293
2 ,112
24, 557
243, 049

95,
780,
353,
19,
1,080,
2,

181, 688
873,444
298,036
5, 395
1,146, 208
1, 879

904
827
379
965
347
847

7,157,338 3, 724,950 2,962,971 1, 004, 937 4,278, 074 2, 636,306

10,882,:

122, 740
285, 789
3, 388,961 2,198, 482
470, 574
726, 907
1, 520, 263
2, 453, i
2, 887, 835 2,097, 502
1.139, “ ■
747, 777

163,049
1,190, 479
256, 333
932, 835
790, 333
391, 921

158, 436
1 ,1 4 1,9 23
348,016
580, 978
534,152
199, 466

58,
291,
35,
133,
352,
132,

879
453
603
602
521
879

57,149
1, 223, 608
216, 969
1,116, f
1,184, 693
478, 786

11,325
731,977
126, 319
621, 649
816, 469
328, 567

2,340,243 1,533,441

806, 802

894,302

108, 909

739, 905

597,127

963,157
426, 961
1, 323, 848
433, 588
155, 846

512, 656
257, 484
843,016
339, 318
93, 623

450, 501
169, 47"
480,832
94, 270
62, 223

490,230
234, 820
504, 754
98,313
5 6,415

9 8,433
80, 149
10, 562
4, r~ '
13,317

227,
65,
450,
166,
57,

146, 846
46, 974
357, 551
164, 366
28, 236

330, 879

227,185

103, 694

121, 082

27,393

100,174

82, 230

222,
106,
126,
97,

140,272
86, 323
72, 875
67, 987

81,777
20,117
53. 989
29, 588

119, 542
1,034
77, 728
42, 320

12, 298
15,147
8, 602
3, 644

62, 587
37,101
33, 686
29, 38:

27,622
5 3,158
6 ,848
22, 224

2, 447, 792 I, 604, 446

843, 346

517,209

140, 748

807, 504

982,331

2,
27,
588,
224,

978
498
449
421

960
3,011
437, 985
75, 253

271
34, 753
85, 780
19, 944

3,
47,
443.
312;

4,
63,
510,
403,

2, 401, 538 1, 683, 698

717,840

404, 626

118, 603

8 9,239
431, 610
786, 594
766, 456
568, 366
97, 934
182,188

5 1.313
255, 541
559, 994
535, 758
403,041
56, 253
128, 652

3 7,9 26
176,069
226, 600
230, 698
165, 325
41, 681
53, 536

22, 450
82, 521
128, 864
118, 97"
93, 339
13. 304
50,142

1,
46,
22, 825
45,017
34, 852
1 ,367
14, 542

30,307
138,110
185,073
175, 578
161, 360
3 8,147
50, 595

34,5 50
164,741
449, 832
426, 884
278, 815
45, 116

Corporate stocks—total-----------------

459, 990

227, 392

232, 598

172, 283

29, 709

154, 644

103, 354

F e d e r a l R e s e r v e b a n k ------------A ffilia te s o f r e p o r t in g b a n k s _.
O th e r d o m e s t ic b a n k s ------------O th e r d o m e s t ic c o r p o r a t io n s ..
F o r e ig n c o r p o r a t i o n s __________

134, 494
104,148
23, 430
196, 175
.1, 743

8 1.314
47, 475
10,168
87, 668
767

53,180
56, 673
13, 262
108, 507

40, 729
47, 743
2 ,913
80, 436
462

5, 958
276
503
22, 945
27

43, 045
48, 381
10, 420
52,119
679

Bank premises, furniture and fixtures, and other real estate—total.

1,270, 671

762, 703

507, 968

247,265

26, 599

448,081

548, 726

B a n k p r e m is e s __________________________________________•--------------------F u r n it u r e a n d fix tu r e s ----------------------------------------------------------------------F a r m la n d (i n c l u d i n g i m p r o v e m e n t s ) ------------------------------------------R e s id e n tia l p r o p e r t ie s ----------------------------------------------------------------------O th e r rea l p r o p e r t ie s _________________________________________________

863, 883
81,154
23, 741
136, 227
165, 666

553,020
62, 903
17, 527
56,033
73, 220

310, 863
18, 251
6, 214
80,194
92, 446

211, 870
1,
31
10, 271
23, 489

2 1,013
84
641
1, 672
3 ,189

294, 628
34, 637
6. 807
43, 550
68, 459

336,
44,
16,
80,
70,

Assets indirectly representing bank premises or other real estate—total

144, 508

69,522

74,

16, 906

985

97, 551

29, 066

94, 569
49, 939

53,190
16. 332

41, 379
33, 60"

14. 544
2, 362

928
57

61,596
35, 955

17, 501
11, 565

2, 409, 770 1,571,320

838, 450

548, 395

126, 500

796. 435

938, 440

47,
314,
24,
2. 023,

47,
74,
7,
709,

556
9, 445

25, 700

538, 394

100, 800

25, 800
109,685
8,150
652, 800

2 1,013
169, 796
16, 323
731, 308

23,311

25, 700

126, 978
8, 550

202, 461
21, 212

Obligations guaranteed by United States Government—total.
T ota l a m o u n t m a tu rin g in 1939-1943------------------------------R e c o n s t r u c t io n F in a n c e C o r p o r a t i o n ----------------------------------H o m e O w n e r s ’ L o a n C o r p o r a t io n ----------------------------------------F e d e r a l F a r m M o r t g a g e C o r p o r a t i o n ---------------------------------O t h e r G o v e r n m e n t c o r p o r a t io n s a n d a g e n c ie s --------------------

Obligations of Government corporations and agencies, not guaranteed
by United States—total------------------------------------------------------------------T ota l a m o u n t m a tu rin g in 1939-1943-------------------------------------------F e d e r a l L a n d b a n k s ____________________________________________________
F e d e r a l I n t e r m e d ia te C r e d it b a n k s --------------------------------------------------O th e r G o v e r n m e n t c o r p o r a t io n s a n d a g e n c ie s ---------------------------------

Obligations of States and political subdivisions—total----------------------I n d e f a u l t ________________________________________________________________
W i t h o u t s p e c ific m a t u r i t y -------------------------------------------------------------------M a t u r i n g in 1939-1943_________________________________________________
M a t u r i n g in 1944 or la t e r ----------------------------------------------------------------------

Other bonds, notes, and debentures—total. _
T ota l a m o u n t in d efa u lt________________
T ota l a m o u n t m a tu rin g in 1939-1943..
R a il r o a d s ______________ ______________________
P u b l i c u t il it i e s ______________________________
I n d u s t r ia l s ___________________________________
O t h e r d o m e s t ic c o r p o r a t i o n s --------------------F o r e ig n — p u b l i c a n d p r iv a t e _____________

I n v e s t m e n t s ________________________________________________________________
O th e r a s s e t s ________________________________________________________________

9,
149,
1, 478,
810,

049
440
864
575

373
374
409
636

6, 395
121, 876
889, 960
586, 215

Capital:
P a r or fa ce v a lu e — t o t a l _____________
C a p it a l n o t e s a n d d e b e n t u r e s ..
F ir s t p r e fe r r e d s t o c k ____________
S e c o n d p r e fe r r e d s t o c k _________
C o m m o n s t o c k __________________
R e t i r a b l e v a lu e o f—
F ir s t p r e fe r r e d s t o c k ___
S e c o n d p r e fe r r e d s t o c k ..

1 See second and third paragraphs on back of title page.




369
626
473
302

240, 329
16, 986
1, 314,005

378, 450
29, 762

266, 923
18, 884

369
297
487
29’

111, 527
10, 878

648
018
981
028
878

814
671
668
351

328
939
976
088

610, 753 1,267, 556

44,
7,
9.
40,

762
748
594
675
575

372
829
262
734
529

6
ALL MEMBER BANKS— CONDITION ON DECEMBER 31, 1938, BY FEDERAL RESERVE DISTRICTS
[Amounts in thousands of dollars]
F e d e r a l R e s e r v e d is t r ic t
T o ta l,
all d is ­
tr ic t s

B o s to n

N ew
Y ork

P h il a ­
d e lp h ia

C le v e ­
la n d

R ich ­
m ond

Atlanta

ASSETS
L o a n s (i n c l u d i n g o v e r d r a f t s )_________________________________________________
U n it e d S ta te s G o v e r n m e n t d ir e c t o b li g a t io n s _____________________________
O b lig a t io n s g u a r a n t e e d b y U n it e d S ta te s G o v e r n m e n t __________________
O b lig a t io n s o f G o v e r n m e n t c o r p o r a t io n s a n d a g e n c ie s , n o t g u a r a n te e d
b y U n it e d S t a te s _____________________________________________________________
O b lig a t io n s o f S ta te s a n d p o l it i c a l s u b d i v is i o n s ___________________________
O t h e r b o n d s , n o t e s , a n d d e b e n t u r e s _________________________________________
C o r p o r a t e s t o c k s ( i n c l u d i n g F e d e r a l R e s e r v e b a n k s t o c k ) _______________
T o ta l lo a n s a n d in v e s tm e n t s __________________________________________________
R e s e r v e w it h F e d e r a l R e s e r v e b a n k s _______________________________________
C a s h in v a u l t . ______ ____________________________________________________________
D e m a n d b a la n c e s w it h b a n k s in U n it e d S ta te s (e x c e p t p r iv a t e b a n k s
a n d A m e r ic a n b r a n c h e s o f fo r e ig n b a n k s ) ________________________________
O t h e r b a la n c e s w it h b a n k s in U n it e d S t a te s _______________________________
B a la n c e s w it h b a n k s in fo r e ig n c o u n t r ie s _______________________
D u e fr o m o w n fo r e ig n b r a n c h e s ______________________________________________
C a s h it e m s in p r o c e s s o f c o l le c t io n ___________________________________________
B a n k p r e m is e s o w n e d a n d fu r n it u r e a n d fix tu r e s _________________________
O t h e r rea l e sta te o w n e d _____________________________________________________ "
I n v e s t m e n t s a n d o th e r a ssets in d ir e c t l y re p r e s e n tin g b a n k p r e m is e s
o r o th e r rea l e s ta te __________ ________________________________________________
C u s t o m e r s ’ l i a b i li t y o n a c c e p t a n c e s _________________________________________
I n c o m e a c c r u e d b u t n o t y e t c o l le c t e d _______________________________________
O t h e r a sse ts_________________________________________________________________

Total assets..

13, 207, 760
10, 882, 288
2, 340, 243

915,145
624, 513
58, 613

330, 879
2, 447, 792
2, 401, 538
459, 990

11,814
83, 659
175, 893
26, 207

4, 266, 559
3, 675, 680
1, 043, 915

905, 616
627, 609
149, 382

1, 029, 040
1, 041, 149
157, 558

566, 336
460, 563
73, 790

560, 254
264, 790
72, 683

16, 995
148,172
440, 392
38, 936

29,006
160, 590
297, 512
54, 952

15,006
71, 797
66, 938
11,032

131,098
40,355
10, 003

4, 451, 462
126, 659

374, 794
49, 580

474, 365
71,061

230, 542
41, 510

187, 785
30,870

579
477
384
004
829
016
667

382, 42;
6, 335
36, 533
192
666,185
307, 721
101, 081

296,850
12, 664
1,373

406, 318
20, 468
1,128

257,151
5, 723
78

264,841
6, 667
344

102, 838
82, 724
73, 634

113, 067
96, 988
34, 404

66, 674
49, 526
14, 979

73,735
41, 424
15,002

8, 427
9, 874
5 ,099
2, 858

38,563
90, 228
39, 902
69, 957

24, 594
8 ,0 1 4
7 ,242
12, 082

12, 329
1,102
8, 674
5, 212

2, 775
448
2, 215
3, 792

4, 510
1,140
3, 471
6, 341

132,
727,
737,
220,

066
891
045
540

32, 070, 490 1, 895, 844 10, 803, 696 2, 327,102 2, 769, 807 1,265, 462 1, 087,281
8. 694,
745, 650

391, 087
162, 509

4,119, 695
119, 824
50, 553
4,196
1, 758, 709
945,037
325, 634

240,
2,
2,
4,
94,
67,
17,

144,
120,
100,
129,

508
722
638
791

49,329, 835 2, 904, 654 17,120, 941 3, 373, 491 4, 014, 923 1, 940, 875 1, 723, 411
LIABILITIES

Demand deposits—total_____________________________________________

852, 795 1, 841, 486 12, 514,146 1, 755, 612 2, 074, 339 1,184, 588 1,148, 296

I n d i v i d u a l s , p a r t n e r s h ip s , a n d c o r p o r a t io n s _________________ ” ____ [
U n it e d S ta te s G o v e r n m e n t _____________________________________________
S ta te s a n d p o lit ic a l s u b d i v is i o n s _______________________________________
B a n k s in U n it e d S ta te s _______________________________________________ ~
B a n k s in fo r e ig n c o u n tr ie s ______________________________________________
C e r t ifie d a n d o ffic e r s ’ c h e c k s , ca sh le tte r s o f c r e d it a n d tr a v e le r s 1
ch e c k s , e t c _______________ _________ ______________________________________

Time deposits—total_________________________________________________
I n d i v i d u a l s , p a r tn e r s h ip s , a n d c o r p o r a t io n s :
S a v in g s d e p o s i t s ________ ____ ________ ________________________________
C e r tific a te s o f d e p o s i t ____ __________________________________________
C h r is t m a s s a v in g s a n d s im ila r a c c o u n t s _________________________
O p e n a c c o u n t s _____________________________________________________
P o s t a l s a v in g s 1_________________________________________________________ ""
S ta tes a n d p o lit ic a l s u b d i v is i o n s __________________________________
B a n k s in U n it e d S t a te s ________________________________________
B a n k s in fo r e ig n c o u n t r ie s _____________________________________

Total deposits___________________________________________________
D u e to o w n fo r e ig n b r a n c h e s __________________________________________
B ills p a y a b le , r e d is c o u n t s , a n d o t h e r lia b ilit ie s fo r b o r r o w e d m o n e y ____
A c c e p t a n c e s o u t s t a n d i n g ___________________________________________________
D i v i d e n d s d e c la r e d b u t n o t y e t p a y a b l e _______________________________
I n c o m e c o lle c t e d b u t n o t y e t e a r n e d ___________________________________ ”
E x p e n s e s a c c r u e d a n d u n p a i d _______________________ __ _
.
O t h e r li a b ilit ie s _________________ __________

Total liabilities.

119,188
789, 816
385, 689
510,303
500, 641
547,158
11,

1, 342,103
24, 529
149, 059
272, 817
24, 778
28, 200

8, 306,
186,
586,
2, 762,
438,

820
490
560
286
495

233. 495

1, 232,
76,
103,
313,

206
845
938
275

20, 362

1, 537,
49,
144,
314,
1,

249
735
865
249
269

26, 972

747, 295
38, 246
112, 200
264,009
533

634,023
60,006
151,109
286, 652
1,496

510,343

648, 584 2, 238, 565 1,105, 334 1, 382, 770

22, 305

15,010

540, 735

388, 289

556, 698
702,077
20, 971
566,116
61, 288
461, 512
131, 637
10,044

597, 244
25, 297
1,653
13, 494
4,1 2 7
5,143
1,176
450

474, 760
29, 522
1,350
13, 464
3,091
11,735
6, 813

315, 992
34, 951
754
4, 267
11,000
15,302
6,023

1, 823,185
56, 457
4, 680
260, 668
100
69, 212
18, 619

864,003
91,180
3,1 7 6
87, 864
12,112
34, 853
12,146

1,125, 433
75,964
2, <
78, 869
8, 478
52, 909
38, 224

43, 363,138 2, 490,070 14, 752’ 711 2, 860, 946 3, 457,109 1,725,323 1,536,585
143, 425
6, 209
138, 737
32, 664
43, 649
69, 683
108, 083

10,
3,
3,
5,
2,

867
724
790
323
649
075

143, 425
1,194
104, 936
13, 455
12, 546
18, 953
80, 302

1, 347
9,1 9 4
2, 932
2, 377
5, 004
4, 574

520
1,127
1,383
1, 794
9, 077
1,882

391
448
1,813
1,399
2, 359

236
1,357
1,749
2, 234
1,285
512

43, 905, 588 2, 516, 498 15,127, 522 2, 886, 374 3, 472, 892 1, 732, 701 1, 543, 958
CAPITAL ACCOUNTS

C a p it a l (see p a g e 8) ________
S u r p lu s _______________________
U n d i v i d e d p r o fi t s ___________
R e s e r v e s fo r c o n t in g e n c ie s ..
O t h e r c a p it a l a c c o u n t s _____

Total capital accounts..
Total liabilities and capital accounts..
N e t d e m a n d d e p o s it s s u b je c t t o re s e r v e (see p a g e 1 9 ).
D e m a n d d e p o s it s — a d j u s t e d 2___________

Number o f banks_____

2, 403,
2,082,
635,
265,
37,

098
726
548
345
530

5, 424, 247

159,170
154,121
49, 452
24, 268
1,145

774,
920,
210,
77,
9,

417
912
786
799
505

388,156 1, 993, 419

189,
212,
61,
20,
3,

782
047
376
667
245

230, 040
225, 947
46,112
36,131
3, 801

102,109
65,161
29,061
10,012
i,r

100, 650
49,155
19,074
7, 460
3,114

487,117

542,031

208,174

179,453

49, 329, 835 2, 904, 654 17,120, 941 3, 373, 491 4, 014, 923 1,940, 875 1,723,411
25, 982, 672
22, 293, 326
6, 338

1 ,3 5 6,1 19
1, 253, 668
655

1. 555, 421
1 ,5 9 6 ,0 1 9
624

i Includes United States Treasurer’s time deposits, open account.
1 Demand deposits other than Interbank and United States Government, less cash items reported as in process of collection.




861, 805
815, 126
406

809, 775
726, 407
320

7
ALL MEMBER BANKS— CONDITION ON DECEMBER 31, 1938, BY FEDERAL RESERVE DISTRICTS
[Amounts in thousands of dollars]
Federal Reserve district

C h ic a g o

St.
L o u is

M in n e ­
a p o lis

K ansas
C ity

D a lla s

Sa n
F r a n c is c o

ASSETS
L o a n s ( in c lu d in g o v e r d r a f t s ) ______ _______________________________________________________
U n it e d S ta te s G o v e r n m e n t d ir e c t o b li g a t io n s __________________________________________
O b lig a t io n s g u a r a n te e d b y U n it e d S ta te s G o v e r n m e n t ______________________
O b lig a t io n s o f G o v e r n m e n t c o r p o r a t io n s a n d a g e n c ie s , n o t g u a r a n te e d b y U n it e d
S ta tes
O b lig a t io n s o f S ta te s a n d p o lit ic a l s u b d i v is i o n s ________________________________________
O th e r b o n d s , n o te s , a n d d e b e n t u r e s ________________________ ____________________________
C o r p o r a t e s t o c k s (i n c l u d i n g F e d e r a l R e s e r v e b a n k s t o c k ) . ’ ____

1,345, 556
1, 898,104
323, 848

513, 486
336, 515
84, 304

297, 805
277, 334
34. 118

Total loans and investments____________________________________ " _______ _____ _

52, 903
356,163
329,182
40, 392

15, 080
105, 529
73, 016
19,011

5, 782
72, 739
59, 517
3,316

4, 346,148 1,146, 941

R e s e r v e w it h F e d e r a l R e s e r v e b a n k s ______________________ _________ ___________
C a s h in v a u l t __________________________________ ________ _________ ____________________________
D e m a n d b a la n c e s w it h b a n k s in U n it e d S ta te s (e x c e p t p r iv a t e b a n k s a n d A m e r i­
c a n b r a n c h e s o f fo r e ig n b a n k s ) ______________________________________ __________ _______
O t h e r b a la n c e s w it h b a n k s in U n it e d S t a te s ____________ _______________ ________________
B a la n c e s w it h b a n k s in fo r e ig n c o u n t r ie s __________________ _________________ _____
D u e fr o m o w n fo r e ig n b r a n c h e s _________________________________
C a s h it e m s in p r o c e s s o f c o l le c t io n _____________________________________ __________________
B a n k p r e m is e s o w n e d a n d fu r n it u r e a n d fi x t u r e s ______________________________________
O th e r rea l e s ta te o w n e d ____________________________________________________________________
I n v e s t m e n t s a n d o t h e r a ssets in d ir e c t l y re p r e s e n tin g b a n k p r e m is e s or o t h e r rea l
e sta te
C u s t o m e r s ’ l i a b i li t y o n a c c e p t a n c e s . . .
In co m e a ccru e d b u t n o t y e t co lle c t e d .
O t h e r a sse ts_______________________________

750, 611 1, 097, 993

901, 366 3, 678,239

1, 289,196
109, 656

209,197
24, 061

113, 301
17, 678

227, 679
24, 741

182, 496
25, 622

562, 484
61, 703

692, 639
19, 352
3, 452

224, 599
1, 375
182

194, 099
5, 991
759

413, 118
13, 086
486

358, 912
5,316
282

388,162
20, 370
3, 552

240,184
80, 598
17, 354

62, 431
26, 789
12, 690

35, 884
19,611
2, 263

76,198
30, 588
2, 841

49, 931
34, 798
6, 746

176, 753
107, 254
26, 973

4,373
2, 569
13, 770
12, 592

525
2, 769
1,654

4, 624
179
2, 605
3, 684

1, 513
43
2, 070
1, 786

4, 836
1,381
860
2, 336

Total assets.

483, 421
308, 049
81, 600

455, 805
247, 792
56, 986

17,
155,
44,
6,

9, 691
107, 286
17, 232
6.574

951
900
497
575

1, 868, 737
1,120, 190
203, 446
16,
326,
119,
22,

37,
5,
11,
7,

487
968
959
452

269
219
961
497

6, 831, 883 1, 713, 908 1,151,289 1, 892,142 1, 574, 882 5, 087, 436

L IA B IL IT IE S
D e m a n d d e p o s its — to ta l____________________________________________________________________
I n d i v i d u a l s , p a r t n e r s h ip s , a n d c o r p o r a t i o n s ______________________________________
U n it e d S ta te s G o v e r n m e n t __________________________________________________________
S ta te s a n d p o l it i c a l s u b d i v is i o n s ____________________________________________________
B a n k s in U n it e d S t a t e s _______________________________________________________________
B a n k s in fo r e ig n c o u n t r ie s ____________________________________________________________
C e r t ifie d a n d o ffic e r s ’ c h e c k s , ca sh le tte r s o f c r e d it a n d tr a v e le r s ’ c h e c k s , e t c ..
T im e d e p o s its — to ta l________________________________________________________________________
I n d i v i d u a l s , p a r tn e r s h ip s , a n d c o r p o r a t io n s :
S a v in g s d e p o s i t s ___________________________________________________________________
C e r tific a te s o f d e p o s i t ____________________________________________________________
C h r is tm a s s a v in g s a n d sim ila r a c c o u n t s ______________________________________
O p e n a c c o u n t s ____________________________________________________________________
P o s t a l s a v in g s 1________________________________________________________________________
S ta te s a n d p o lit ic a l s u b d i v is i o n s ______________________________________ ______________
B a n k s in U n it e d S t a t e s _______________________________________________________________
B a n k s in fo r e ig n c o u n t r ie s ____________________________________________________________
T o ta l d e p o s it s -------------------------------------------------------------------------------------------- _------------------- ------D u e t o o w n fo r e ig n b r a n c h e s _____________________________________________________________
B ills p a y a b le , r e d is c o u n t s , a n d o t h e r lia b ilit ie s fo r b o r r o w e d m o n e y _______________
A c c e p t a n c e s o u t s t a n d i n g __________________________________________________________________
D iv id e n d s d e c la r e d b u t n o t y e t p a y a b l e ________________________________________________
I n c o m e c o lle c t e d b u t n o t y e t e a r n e d _____________________________________________________
E x p e n s e s a c c r u e d a n d u n p a i d __________________________________________________ I
O th e r li a b i li t ie s _______________________________________________________________________

Total liabilities.

4,555, 035 1,133,327

666, 679 1, 401, 274 1,183,340 2,394, 673

2, 995, 464
141,164
435, 992
909, 833
10, 425
62,157

692,
24,
96,
310,

407,
3,
104,
138,

793,
26,
167,
384,

753, 137
41,017
102, 731
246, 570
741
39, 144

1, 680, 656

409, 221

361,181

309, 604

224, 321 2, 221, 083

1,499, 609
102, 587
2, 024
37,079
3, 088
26, 530
9, 739

308, 788
74, 430
369
3, 035
3, 429
11, 939
7, 231

284, 455
62,193
380
3,701
2, 435
5, 162
2, 855

224, 919
59, 059
533
7, 786
2, 482
6, 879
7, 946

178, 810

014
026
719
325
238
10,005

204
320
543
975
737
11, 900

295
660
889
894
199
28, 337

23, 704
294
4, 432
2, 379
13, 922
780

1, 678,
117,
230,
306,
12,
49,

378
778
084
418
744
271

1, 859, 500
66, 733
2, 865
51, 457
8, 567
207, 926
20,085
3, 950

6, 235, 691 1, 542, 548 1, 027, 860 1, 710, 878 1, 407, 661 4, 615, 756
130
2, 802
2 ,158
4,417
11,413
2, 328

536
1,284
1,464
1, 829
2, 436

134
179
175
3, 067
2, 887
3, 497

785
46
970
952
,8 9 0
75

349
1,636
1, 173
645
2, 383
620

160
5, 752
1,782
9, 431
6, 954
8,814

6, 258, 939 1, 550,193 1, 037, 799 1, 715, 596 1, 414, 467 4, 648, 649
CAPITAL ACCOUNTS

C a p it a l (see p a g e 9 ) ------------S u r p lu s _______________________
U n d iv i d e d p r o fit s ___________
R e s e r v e s fo r c o n t in g e n c ie s ..
O th e r c a p it a l a c c o u n t s _____

Total capital accounts.

299,
152,
69,
47,
4,

____________

Total liabilities and capital accounts..
N e t d e m a n d d e p o s it s s u b je c t t o r e s e r v e (see p a g e 19) _
D e m a n d d e p o s it s — a d ju s t e d 2_____________________________
N u m b e r o f b a n k s __________________________________________

256
063
239
690
696

88, 073
43, 776
25, 633
4, 538
1, 695

572, 944

163, 715

62,
33,
12,
3,

867
750
335
735
803

88, 487
52, 057
26, 954
7, 838
1, 210

113, 490

176, 546

660
078
646
661
370

160, 415

222, 587
127, 659
63, 880
20, 546
4,1 1 5

438, 787

6,831, 883 1, 713, 908 1,151, 289 1, 892,142 1, 574, 8

5, 087, 436

3, 625, 657
3, 253, 429
787

1, 830, 330
1, 780, 980
288

846, 300
736, 307
391

437, 737
487, 763
461

912, 380
913, 323
734

1 I n c lu d e s U n it e d S ta te s T r e a s u r e r ’ s t im e d e p o s it s , o p e n a c c o u n t .
2 D e m a n d d e p o s it s o t h e r t h a n in t e r b a n k a n d U n it e d S ta tes G o v e r n m e n t , less ca sh ite m s r e p o r t e d as in p r o c e s s o f c o lle c t io n .




85,
46,
21,
4,
2,

774, 497
845, 081
544

8
ALL MEMBER BANKS— CLASSIFICATION OF LOANS, INVESTMENTS, REAL ESTATE, AND CAPITAL
ON DECEMBER 31, 1938, BY FEDERAL RESERVE DISTRICTS
[In thousands of dollars]
F e d e r a l R e s e r v e d is t r ic t
LOtai,
a ll d is ­
t ricts

Loans—total______________________________________________
C o m m e r c ia l a n d in d u s t r ia l lo a n s __________________________
A g r ic u lt u r a l lo a n s ___________________________________________
C o m m e r c ia l p a p e r b o u g h t in o p e n m a r k e t ______________
B ills , a c c e p t a n c e s , e t c ., p a y a b le in fo r e ig n c o u n t r ie s —
A c c e p t a n c e s o f o t h e r b a n k s , p a y a b le in U n it e d S ta te s .
R e p o r t in g b a n k s ’ o w n a c c e p t a n c e s _______________________
L o a n s t o b r o k e r s a n d d e a le rs in s e c u r it ie s _______________
O th e r lo a n s fo r p u r c h a s in g or c a r r y in g s e c u r it ie s _______
R e a l e sta te lo a n s :
O n fa r m la n d ____________________________________________
O n re s id e n t ia l p r o p e r t y ________________________________
O n o t h e r p r o p e r t ie s _____________________________________
L o a n s t o b a n k s ______________________________________________
A ll o t h e r lo a n s _______________________________________________
O v e r d r a fts ___________________________________________________

U. S. Government direct obligations—totalT r e a s u r y b il ls _____________________________
T r e a s u r y n o t e s ____________________________
B o n d s m a tu r in g in 1939-1943___________
B o n d s m a tu r in g in 1944-1948___________
B o n d s m a t u r in g in 1949-1958___________
B o n d s m a t u r in g in 1959 o r la t e r ________

Obligations guaranteed by United States Government—total.
T ota l a m o u n t m a tu rin g in 1939-1943------------------------------R e c o n s t r u c t io n F in a n c e C o r p o r a t io n _______________________
H o m e O w n e r s ’ L o a n C o r p o r a t io n __________________________
F e d e r a l F a r m M o r t g a g e C o r p o r a t io n ____________________ . .
O t h e r G o v e r n m e n t c o r p o r a t io n s a n d a g e n c ie s -------------------

Obligations of Government corporations and agencies, not guaranteed by
United States—total-------------------------------------------------------------------------T ota l a m o u n t m a tu rin g in 1939-1943________________________________
F e d e r a l L a n d b a n k s ______________________________________________________
F e d e r a l I n t e r m e d ia te C r e d it b a n k s ____________________________________
O t h e r G o v e r n m e n t c o r p o r a t io n s a n d a g e n c ie s -------------------------------------

Obligations of States and political subdivisions—total--------------------------I n d e f a u l t ___________________________________________________________________
W i t h o u t s p e c ific m a t u r i t y _______________________________________________
M a t u r i n g in 1939-1943________________________________ ____________________
M a t u r i n g in 1944 o r la t e r _________________________________________________

Other bonds, notes, and debentures—total-_
T otal a m o u n t in d efa u lt_______________
T ota l a m o u n t m a tu rin g in 1939-1943..
R a il r o a d s ____________________________________
P u b l i c U t i li t ie s _____________________________
I n d u s t r ia ls ______________________________ _
O t h e r d o m e s t ic c o r p o r a t i o n s ______________
F o r e ig n — p u b l i c a n d p r iv a t e ---------------------

Corporate stocks—total___________
F e d e r a l R e s e r v e b a n k ________
A ffilia t e s o f r e p o r t in g b a n k s . _
O t h e r d o m e s t ic b a n k s _________
O t h e r d o m e s t ic c o r p o r a t io n s ..
F o r e ig n c o r p o r a t i o n s __________

Bank premises, furniture and fixtures, and other real estate—total.
B a n k p r e m is e s ________________________________________________________
F u r n it u r e a n d fix tu r e s ________ ______________________________________
F a r m la n d (i n c l u d i n g i m p r o v e m e n t s ) -------------------------------------------R e s id e n t ia l p r o p e r t ie s ----------------- ---------- -------------------------------------------O th e r re a l p r o p e r t ie s _________________________________________________

Assets indirectly representing bank premises or other real estate..
I n v e s t m e n t s . .______ __________________________________________________
O th e r a sse ts___________________________________________________________

Capital
P a r or fa c e v a l u e — t o t a l___ _________
C a p it a l n o t e s a n d d e b e n t u r e s ..
F ir s t p r e fe r r e d s t o c k ____________
S e c o n d p r e fe r r e d s t o c k -------------C o m m o n s t o c k __________________
R e t i r a b l e v a lu e o f—
F ir s t p r e fe r r e d s t o c k ___
S e c o n d p r e fe r r e d s t o c k ..




P h il a ­
d e lp h ia

N ew
Y ork

B o s to n

C le v e ­
la n d

R ic h ­
m ond

A t la n t a

559
595
670
998
927
76, 627
53, 401
797, 876
319,022

905, 616 1, 029, 040
296, 519
288, 584
21, 249
17,136
9, 962
28, 714
14
172
514
454
1,867
3, 842
25, 442
20, 960
60, 667
6 5,975

566, 336
180, 816
19,041
11, 897
21
771
288
4 ,819
27, 641

560,254
226, 460
65, 941
4, 370
1,011
785
1, 040
9. 493
20, 758

12, 448
300, 642
158, 519
99, 418
686,090
3, 326

18, 729
142, 097
68,001
1,896
249,006
50

27, 626
233, 368
66, 272
2 ,914
282, 501
125

19, 776
84, 762
36, 866
1,384
178,141
113

11, 995
31, 839.
26,098
2, 065
158.052
347

1 0 ,8 82 ,28 8
285, 789
3, 388.961
726, 907
2 ,4 5 3 ,0 9 8
2, 887, 835
1,139, 698

624,513 3, 675, 680
159, 931
107
162, 990 1, 308, 462
369, 476
27, 899
780, 783
157, 925
761. 766
201, 506
295, 262
7 4,086

627, 609
60
101, 415
36, 917
148,119
218, 886
122, 212

1, 041,149
27, 259
320, 311
7 4,9 60
280, 292
238,205
100,122

460, 563
196
162, 850
15, 423
144, 348
103,086
34, 660

264. 790
1. 595
66, 034
16, 306
79, 708
81, 505
19, 642

2 ,3 4 0 ,2 4 3
9 63,157
426, 961
1, 323, 848
433, 588
155, 846

58, 613 1. 043, 915
550,843
25, 920
254, 215
11, 537
598, 677
27, 951
122, 869
10, 889
6 8,154
8, 236

149, 382
30,4 85
3, 824
109, 768
32, 982
2 ,808

157, 558
50, 700
18,001
104,066
22, 220
13, 271

73, 790
18,470
6, 240
50, 235
15, 357
1, 958

72,683
18,102
2, 354
44, 718
23, 323
2, 288

L3,207,760
4, 732,173
716, 521
247, 829
9, 987
8 8,048
94, 730
973,351
774,956

915,145
337, 245
8 ,0 1 4
68,178
352
4 ,1 5 2
18,136
32, 643
46,070

278,092
1, 720, 434
717, 390
124, 785
2, 721, 488
7, 976

4, 515
127,169
59, 314
2,617
206,492
248

4 ,266.
1, 697,
30.
29,

879
049
440
864
575

11, 814
9, 474
2, 270
6 ,104
3, 440

132, 066
127,241
4, 490
79, 348
48, 228

16, 995
1 ,9 2 6
14, 870
280
1, 845

29, 006
8, 691
20, 036
4 ,1 7 7
4, 793

15, 006
5 ,. 319
9, 486
1, 730
3, 790

8, 098
6 ,103
1,999
2,121
3, 978

2 ,447. 792
9, 373
149,374
1, 478, 409
810, 636

83,659
330
1,031
69, 683
12, 615

727,891
1, 471
4 ,1 0 7
566, 358
155, 955

1 48,172
595
3, 457
57, 232
86, 888

160,590
1, 926
3 ,211
99, 450
56,003

71,797
98
439
38, 048
33, 212

131,098
592
3, 729
60, 793
65, 984

2, 401, 538
89,239
431,610
786, 594
766, 456
568, 366
97, 934
182,188

175,893
7 ,0 7 7
33,9 49
57,118
67, 586
28, 870
8, 969
13, 350

737, 045
37,3 43
125, 816
265, 411
228, 999
154, 677
22,187
65, 771

440, 392
14,427
50,8 69
167, 320
145, 551
89, 439
10, 522
27, 560

297,512
9 ,2 9 0
4 6,8 76
93, 217
90,180
86, 806
11,832
15, 477

66, 938
2, 741
9 ,2 6 2
23,033
18,181
17,161
4, 684
3, 879

40, 355
1,547
9,351
13, 659
8, 831
12, 462
3, 226
2,177

459,990
134, 494
104,148
23, 430
196,175
1, 743

26,207
9, 396
2, 756
4, 749
8, 839
467

220,540
51, 032
49, 932
7, 675
110, 964
937

3 8,936
12, 207
4 ,7 1 4
4, 864
17,115
36

54,952
13, 550
21, 599
1,290
18, 366
147

11, 032
5,002
1,170
533
4 ,315
12

10, 003
4, 494
1, 723
468
3, 279
39

1 ,2 7 0,6 71
863, 883;
81,154
23, 741
136,227
165, 66Ci

84, 683
62,511
4, 505
219
8, 397
9,051

408,
298,
9,
1,
44,
54,

802
481
240
348
990
743

156,358
71, 414
11,310
2 ,189
34, 604
36, 841

131,392
9 0,062
6, 926
2, 088
16, 636
15, 680

64, 505
45,097
4, 429
1, 926
5, 478
7, 575

56,426
36, 476
4, 948
2, 608
3, 243
9,151

1 4 4 ,50Si
94, 56C1
49, 93S1

8,427
7,129
1,298

38, 563
24, 076
14, 487

24, 594
13,478
11,116

12,329
4, 555
7, 774

2, 775
1, 997
778

4 ,510
3, 351
1,159

159,177
77(11
36£1
626i " ' “ 16,'696
472\
2,505
139,976
m 1

779, 657
13,011
66,125
7, 915
692, 606

190,076
23, 966
5, 293
160,817

230, 04(1l
21, 44£1
26, 5431
1,038i
181,014

102,109
2,682:
13,433
238
85, 756

100, 650
542
20,832
3, 475
75,801

34, 214
5,966

26, 671
1,03*J

14. 444
'2 3 8

22, 483
3,475

330,
222,
106,
126,
97,

2, 409,
47,
314,
24,
2 ,023,

378, 45C)
29, 76$I

18,582!
3,8601

100,887
10,766i

9
ALL MEMBER BANKS, CLASSIFICATION OF LOANS, INVESTMENTS, REAL ESTATE, AND CAPITAL
ON DECEMBER 31, 1938, BY FEDERAL RESERVE DISTRICTS
[In thousands of dollars]
F e d e r a l R e s e r v e d is t r ic t

C h ic a g o

S t.
L o u is

M in n e ­
a p o lis

K ansas
C ity

D a lla s

San
F r a n c is c o

1, 345, 556

513, 486

297, 805

483, 421

455, 805 1,868,737

C o m m e r c ia l a n d in d u s t r ia l l o a n s _________________________
A g r ic u lt u r a l lo a n s ___________________________________________
C o m m e r c ia l p a p e r b o u g h t in o p e n m a r k e t ---------------------B ills , a c c e p t a n c e s , e t c ., p a y a b le in fo r e ig n c o u n t r i e s . __
A c c e p t a n c e s o f o t h e r b a n k s , p a y a b le in U n it e d S t a t e s .
R e p o r t in g b a n k s ’ o w n a c c e p t a n c e s _______________________
L o a n s t o b r o k e r s a n d d e a le rs in s e c u r it ie s _______________
O t h e r lo a n s fo r p u r c h a s in g or c a r r y in g s e c u r it ie s -----------

559, 561
88, 905
47, 546
467
589
2, 449
48, 374
101, 721

175, 343
84, 204
7, 349
101
59
220
7 ,043
17, 562

97,099
46, 794
8, 822

174,168
116, 994
20, 777

1
1,141
1,427
13, 512

76
5, 425
17, 894

190, 683
93, 315
2 ,100
11
596
269
4 ,013
18, 538

508,100
124, 258
8 ,1 1 6
6,911
3, 500
12,001
15, 836
65, 596

R e a l e sta te lo a n s :
O n fa r m la n d ____________________________________________
O n r e s id e n tia l p r o p e r t y ________________________________
O n o th e r p r o p e r t ie s ____________________________________
L o a n s t o b a n k s ______________________________________________
A ll o t h e r l o a n s _______________________________________________
O v e r d r a ft s _______________________________________ ___________

34, 869
164, 250
52,087
4, 782
239, 687
269

13,965
6 0,189
26,090
7, 850
113, 277
234

9,1 8 8
21, 735
6,0 6 2
204
91, 678
142

18,150
27, 213
12, 394
732
89, 364
234

10, 866
18, 378
12, 692
266
103, 323
755

95, 965
508, 792
192,995
657
323, 877
2 ,133

U. S. Government direct obligations—total _

1, 898,104

336, 515

277, 334

308, 049

T r e a s u r y b il ls ______________________________
T r e a s u r y n o t e s ____________________________
B o n d s m a t u r in g in 1 939-1943___________
B o n d s m a t u r in g in 1 94 4-19 4 8 ___________
B o n d s m a t u r in g in 1 949-1958____________
B o n d s m a t u r in g in 1959 o r la t e r ________

61, 200
608, 910
81, 212
326, 990
595, 788
224,004

9, 861
110, 385
31, 955
98, 980
63,197
22,137

Loans—total-----------------------------------------------------------------------

95,
5,
87,
76,
11,

325
706
885
515
332
571

9,
124,
15,
62,
69,
24,

950
486
825
989
972
827

247, 792 1,120,190
9, 975
89, 627
3, 273
45, 948
70,970
27, 999

5, 330
237, 785
47, 776
239, 501
406, 622
183,176

Obligations guaranteed by United States Government—total..

323, 848

84,304

34,118

81,600

56, 986

203, 446

T ota l a m o u n t m a tu rin g in 1939-1943_____________________
R e c o n s t r u c t io n F in a n c e C o r p o r a t io n ________________ _______
H o m e O w n e r s ’ L o a n C o r p o r a t i o n __________________________
F e d e r a l F a r m M o r t g a g e C o r p o r a t io n _______________________
O t h e r G o v e r n m e n t c o r p o r a t io n s a n d a g e n c ie s --------------------

147,115
89,044
134, 638
73, 422
26, 744

26,1 53
5, 979
42, 715
25, 787
9, 823

10, 959
2, 386
17,028
12, 205
2, 499

3 0,2 63
13, 569
37, 742
25, 717
4, 572

20, 855
8, 427
32, 493
9, 006
7, 060

33,
11,
123,
59,
8,

52, 903

15, 080

Obligations of Government corporations and agencies, not guaranteed by United
States—total_____________________________________________________________

292
385
817
811
433

5, 782

17, 951

9, 691

16, 487

813
209
285
586

1,5 4 0
4, 217
708
857

8, 866
8, 712
6, 027
3,2 1 2

3 ,6 4 6
6 ,039
2,144
1,508

12,068
4, 409
7, 494
4, 584

356,163

105, 529

72, 739

155, 900

107,286

326, 968

928
43, 367
211, 689
100,179

858
4, 536
58, 768
41, 367

266
8, 267
41, 966
22, 240

777
13,438
94, 921
46, 764

283
25, 300
49, 206
32, 497

1,249
38, 492
130, 295
156, 932

329,182

73, 016

59, 517

44, 497

17,232

119, 959

5 ,1 8 0
83,461
79, 702
113, 912
96, 926
12,094
26, 548

3 ,0 5 8
13, 073
19, 758
22, 627
22, 850
5, 242
2, 539

1,090
12,9 32
18, 648
15, 868
17, 989
2 ,104
4 ,9 0 8

1,6 9 0
15,573
12, 616
11, 469
11, 747
1, 909
6, 756

388
3, 818
2, 870
4, 097
6, 682
3,091
492

5, 408
26.6 30
33, 242
39,155
22, 757
12,074
12, 731

40, 392

19, 011

3, 316

6, 575

6, 574

22, 452

13, 470
2, 353
570
23, 971
28

3, 947
13, 718
125
1,220
1

2, 899
70
47
293
7

4, 210
1, 679
242
444

3, 944
1,318
537
773
2

10, 343
3 ,116
2, 330
6, 596
67

Bank premises, furniture and fixtures, and other real estate—total..

97,952

39,479

21, 874

33, 429

41, 544

134,227

B a n k p r e m is e s ------------------------------------- ----------------------------------------------F u r n it u r e a n d fix tu r e s ----------------------- ----------------------------------------------F a r m la n d (i n c l u d i n g i m p r o v e m e n t s ) --------------- -------------- ------------R e s id e n t ia l p r o p e r t ie s ________________________________________________
O t h e r re a l p r o p e r t ie s _________________________________________________

74, 383
6, 215
2, 622
6, 865
7,867

22,950
3 ,8 3 9
1,744
2, 777
8 ,169

17, 635
1, 976
866
303
1,094

27, 737
2, 851
1, 811
516
514

30, 716
4,0 8 2
1,609
1, 292
3, 845

86, 421
20, 833
4,711
11,126
11,136

Assets indirectly representing bank premises or other real estate..

4,373

695

4,624

1,513

4,836

37,269

I n v e s t m e n t s ----------------- ---------------------------------------------- --------------- ------O t h e r a sse ts__________________________________________________________

2, 879
1,494

609
86

4, 552
72

1,179
334

4, 585
251

26,179
11,090

299,425

88, 915

62,875

88,542

85, 660

222,644

5,
70,
1,
222,

663
291
265
206

2. 523
8, 432
1,162
76, 798

285
9 ,174
1, 200
52, 216

58
10, 230
354
77, 900

306
13,187
6
72,161

854
35, 717
22
186, 051

70, 461
1, 265

8 . 583
i ; 172

9 ,581
1, 600

10, 230
354

13, 847
6

48, 467
22

TotaL a m o u n t m a tu rin g in 1939-1943---------------------------------------------------------F e d e r a l L a n d b a n k s _____________________________________________________________
F e d e r a l I n t e r m e d ia te C r e d it b a n k s ___________________________________________
O th e r G o v e r n m e n t c o r p o r a t io n s a n d a g e n c ie s -----------------------------------------------

29,3 62
22, 703
14, 446
15, 754

Obligations of States and political subdivisions—total----------------------------------I n d e f a u l t _________________________________________________________________________
W i t h o u t s p e c ific m a t u r i t y ______________________________________________________
M a t u r i n g in 1939-1943___________________________________________________________
M a t u r i n g in 1944 o r la t e r _________________________________________________ _____

Other bonds, notes, and debentures—total
T ota l a m o u n t in d efa u lt________________
T ota l a m o u n t m a tu rin g in 1939-1943..
R a i l r o a d s ____________________________________
P u b l ic u t ilit ie s ______________________________
I n d u s t r ia ls ___________________________________
O th e r d o m e s t ic c o r p o r a t i o n s ______________
F o r e ig n — p u b l i c a n d p r iv a t e ______________

Corporate stocks—total___________
F e d e r a l R e s e r v e b a n k ________
A f filia t e s o f r e p o r t in g b a n k s . _
O t h e r d o m e s t ic b a n k s _________
O t h e r d o m e s t ic c o r p o r a t io n s ..
F o r e ig n c o r p o r a t i o n s __________

Capital:
P a r o r fa ce v a lu e — t o t a l -------------------C a p it a l n o t e s a n d d e b e n t u r e s ..
F ir s t p r e fe r r e d s t o c k ____________
S e c o n d p r e fe r r e d s t o c k -------------C o m m o n s t o c k __________________
R e t i r a b l e v a lu e o f—
F ir s t p r e fe r r e d s t o c k ___
S e c o n d p r e fe r r e d s t o c k .




7,
7,
2,
5,

10
ALL MEMBER BANKS— CONDITION DECEMBER 31, 1938, OF BANKS IN EACH CENTRAL RESERVE
ASSETS [in thousands of dollars]

F ederal R eserv e
d is t r ic t n u m b e r s , a n d
re s e rv e c itie s

N u m ber
of
banks

All member banks___
Reserve bank cities 1___

_

1. B o s t o n . . . _____
_
2 . N e w Y o r k *___ _ __ _ _
3. P h il a d e lp h ia ________
_ _
4. C l e v e l a n d ________
5. R i c h m o n d _________ _
6 . A t l a n t a _______
_______
7. C h ic a g o 2__________________
8. S t. L o u i s . . ____
9. M i n n e a p o l is _______ __
10. K a n s a s C i t y _________
11. D a lla s _____________________
12. S a n F r a n c i s c o _______ .

__

Reserve branch cities L

L oans
(in clu d ­
in g o v e r
d r a fts)

U . S.
G overn­
m ent
d ir e c t
o b li g a ­
t io n s

O b lig a ­
tio n s
g u ar­
a n te e d
b y U .S .
G overn­
m ent

6, 338 13, 207, 760 10, 882,288 2, 340,243
170 6, 426, 054 5, 887, 595 1, 325, 681
11
42
24
4
5
3
45
11
4
9
5
7

409, 242
3, 274,102
355, 279
205, 319
48, 527
64, 449
597, 698
154, 703
78, 413
89, 729
100, 805
1, 047, 788

O b lig a ­
tio n s o f
G overn­
m ent
a g e n c ie s
n ot gu ar­
a n te e d
b y U . S.

O b lig a ­
t io n s o f
S ta tes
and
p o lit ic a l
su b­
d iv is io n s

O th e r
bon ds,
n o te s
and
deben­
t u re s

193, 647 1, 070, 658

829, 634

276, 900 16, 010,169 6,182, 822
245, 243
12, 466
766, 933
172, 625 8,363, 361 4 ,1 0 8 ,0 4 0
223, 812
22, 569 1, 014, 780
464, 456
107, 943
4 ,013
23,064
758
111, 207
931
119, 730
25, 346
30, 244 2,142, 825
919, 944
14, 665
107, 685
452, 093
718
191, 266
36, 932
47, 722
2, 507
223,436
33, 522
161, 438
1,961
303, 569
13, 443 1, 998, 644

305, 084

270, 488
2, 971, 487
334, 203
158, 866
37, 510
31, 652
1, 074, 894
185,037
89, 262
65, 713
41,412
627, 071

18, 734
895, 628
79,137
54,139
7, 956
8, 700
118, 430
40,068
4, 687
16, 649
7, 908
73, 645

5, 979
121, 252
7, 401
4, 543
2,004
1,898
28, 422
5, 765
724
4, 678
511
10, 470

24, 832
519, 848
80, 588
8, 701
8, 651
9, 841
158, 387
32, 347
10, 067
32,162
5, 709
179, 525

25,192
408, 419
135, 603
28, 875
5, 801
2, 259
134, 750
19, 508
7, 395
11, 998
3, 132
46, 702

132 1, 784, 486 1, 787, 793

231, 509

304, 302

33, 807

286, 287

18, 646
9, 423
10, 223
3,610
5, 989
5,100
11,479
1,463
12, 043
81, 631
2, 014
6, 562
6, 724
782
4, 282
6,319
4, 258
706
11,186
5, 292
62, 866
24, 390
3,171
6 ,143

55
1, 294
2, 104
764
1,610
71
1,403
170
974
12,002
91
1,447
1, 272
54
966
995
2. 260

327
1,942

17, 522
16,144
26,137
5, 229
7, 657
9, 156
5,125
8, 538
17,173
15,186
3, 970
3, 046
11,487
1,022
9 ,206
15, 325
12, 775
1 603
5’ 081
6, 349
58, 414
11, 139
6 ,184
12, 819

908
527
483
247
275
2, 960
3, 780
3, 015
2, 978
12, 233
500
6, 246
1, 246
571
8, 674
825
4, 248
3
4, 630
827
33, 884
7, 386
1,908
5,155

Other Reserve cities L_ _

91

553,277

570, 594

4.
4.
5.
6.
7.
7.
7.
7.
7.
7.
7.
7.
9.
10.
10.
10.
10.
10.
10.
10.
11.
11.
11.
12.
12.
12.

113,133

21,195

108, 516

72, 839

4
4
13
4
1
3
1
3
4
5
3
4
3
2
3
1
5
4
4
4
3
4
3
1
2
3

36,164
22, 803
88, 349
3,914
3,104
15,911
5,128
19, 800
87, 363
119, 910
13, 786
3, 366
43, 918
3, 308
16, 603
6,154
4, 963
7, 392
19, 525
16, 657
12, 916
5, 866
4, 222
356
3,098
6 ,018

1,811
19, 495
22, 601
541
1,885
5, 542
1, 255
6, 830
4,147
4, 757
4, 738
2,005
5, 003
1,232
281
519
2, 349
1,981
8,033
5, 351
5, 920
825
2,077

6,161
91
4, 385
964

2, 516
1,439

90

17, 346
3, 366
1,931
1,759
8, 217
6,416
501
5, 045
18,169
9, 307
3, 342
1,040
2 ,173
1,044
962
230
1,230
3, 944
8, 777
996
4, 691
2 ,910
1,127
289
675
3, 029

5, 945 4, 443, 943 2, 636, 306

597,127

82, 230

982,331 1,267, 556

39, 879
129, 641
70, 245
62, 467
33, 634
33, 357
92, 628
28, 936
23, 646
30, 346
23,072
29, 276

5, 835
10, 759
9, 594
14, 813
6, 243
2,618
10, 980
6, 505
3, 983
5, 071
2,918
2,911

58, 827
190, 521
67, 584
88, 896
48, 329
79, 506
130, 553
54, 679
59, 477
69, 249
79, 816
54, 894

5.
5.
6.
6.
6.
6.
7.

8,
8.
8.
9.
10.
10.
10.
11.
11.
11.
12.
12.
12.
12.

_

B a lt i m o r e ___________
C h a r l o t t e _______________ __
B i r m i n g h a m ________ _ _
J a c k s o n v ille ____
.
N a s h v i ll e ____
N e w O rle a n s ___
D e t r o i t ___ .
L it t l e R o c k _______________
L o u is v i ll e _ .
...
..
M e m p h i s ____
. . .. .
H e le n a ____
____ . . .
_
D e n v e r ____
___________
O k la h o m a C i t y _______ _
O m a h a ___ ________
E l P a s o ________
_ _
H o u s t o n ________ _ . . .
San A n t o n io .. . _
L o s A n g e le s .
_ _ ...
P o r t la n d __________
_____
S a lt L a k e C i t y . .. _
S e a t tle _________
.
.

C o l u m b u s ___
T o le d o .
_ ...
_
____
W a s h in g to n . . . _ _ _
Savannah _ _
C e d a r R a p i d s _________ __
D es M o in e s . _ . _
D u b u q u e _____________
..
G r a n d R a p i d s ____
I n d i a n a p o l is ______ ._
_
M i lw a u k e e _______ . . .
P e o r ia . . .
____ __
S io u x C i t y ________________
S t. P a u l . . .
_ _- ____ __
K ansas C ity , K an s.
L i n c o l n _________
P u e b lo ..
.
. . . __
S t. J o s e p h _________________
T o p e k a ___________ . . .. __
_
_
T u ls a _______
W i c h i t a ______ __
______
F o r t W o r t h _______
_ _ ...
G a l v e s t o n ____
W a c o ___________
. __ __
O a k la n d _______ _ _ _ _ _ _
O g d e n ____ ________
___
S p o k a n e _______
_ _

Country banks, by districts. _
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.

B o s to n . _ _ _ _ _ _
N e w Y o r k _____________
P h il a d e lp h ia ______________
C l e v e l a n d _____
_ __ __
R i c h m o n d _________ _ ___
A t l a n t a _______
. . .
.
C h i c a g o ____________
__ _
S t. L o u is _______
______
M i n n e a p o l is ____
K a n s a s C i t y _________ ___
D a l la s _____________________
S a n F r a n c is c o
___ __

345
725
631
590
373
299
713
367
452
684
510
256

35,
25,
77,
52,
7,
27,

009
870
327
277
482
054
408
14, 941
32, 694
55, 600
9, 051
8, 594
54, 776
5,011
7, 856
641
8, 236
4, 874
38, 664
11,027
31,100
13, 781
6, 435
1, 263
11, 959
11, 347

505, 903
883, 315
550, 337
428, 042
358, 867
241, 712
427,187
208, 525
162, 360
209, 977
219, 790
247, 928

354,025
643,139
293, 406
246, 329
146, 289
116,054
331, 820
106,125
139,194
87, 744
73, 534
98, 647

1 See second and third paragraphs on back of title page.




C a sh
in
v a u lt

745,650

61,054
94, 099
482, 888
174,099
14,316
14,148
19, 456
7, 394
72,172
223, 022
3 ,819
25, 502
16, 032
4, 960
4 3,077
12, 996
23, 917
9, 226
70, 293
30, 323
229, 949
65, 659
17, 708
71, 684

_
_

R eserv e
w it h
F ederal
R eserv e
banks

459,990 32, 070, 490 8, 694,388

109.142
121, 493
213, 307
57, 307
24, 308
36, 305
24, 598
54, 967
85, 946
164, 847
18, 934
62, 539
68, 785
2, 256
44, 632
28,115
34, 659
13, 754
52, 263
17, 877
362, 706
67, 222
20,019
98, 505

. . .

Total
loans
and
invest­
ments

330, 879 2, 447, 792 2, 401, 538

5
10
12
11
4
2
3
4
5
5
4
6
3
2
7
5
6
2
10
7
6
2
6
5

2. B u f f a lo ___

4. C i n c i n n a t i . . ___
4. P it t s b u r g h _______

C or­
p ora te
stock s
(in c lu d ­
in g F . R .
bank
s tock )

3, 235
24
747

50
297
70
443
513
126
1,021
228
169
10
410
62
899
2,203
2,217
663
123

26,
19,
73,
10,

4,
1,
10,
4,

836
274
981
505
160
2, 165
350
4, 085
6, 030
24,000
1, 759
820
2, 991
423
991
428
1, 022
53
1, 924
226
917
672
103
1,082
1,042

150, 701
301, 718
304, 789
169,517
39, 634
20, 858
142, 830
45, 516
48, 560
13, 685
6, 948
22,800

127, 332
69, 111
14, 969
10,193
1,083
1, 341
43, 010
4, 676
3,087
2, 585
1,615
26, 082

70, 479 4, 498, 663
246, 504
13,177
4, 579
266, 559
34, 416
842, 558
253, 305
2, 049
54, 334
179
68, 659
919
365
66,206
78, 479
2, 932
191, 926
640
510, 447
1, 526
29, 414
86
106,103
761
105, 970
424
9, 684
39
111, 256
419
64, 871
296
82, 421
304
25, 340
48
147, 455
767
60, 930
238
753, 458
4, 892
176,190
394
49, 678
361
196, 916
668

833, 613

76, 768

32, 625
46, 391
138, 274
57, 247
13, 659
12, 161
11, 998
13. 848
40,761
93,459
5, 789
20, 230
17, 939
3, 271
36, 769
17, 574
17, 827
4, 547
40, 249
11,694
127, 269
25, 050
13, 213
31, 769

4, 158
6, 338
8, 046
7, 236
605
1,012
1, 376
1,517
2,416
10, 843
452
2, 098
1, 774
100
3,119
653
1,091
367
3,101
1,256
9, 448
3, 660
632
5, 470

9, 257 1, 448, 811
102, 059
732
73, 207
308
207, 390
1,816
64, 256
296
20, 908
60
57, 339
201
7, 957
18
50, 951
180
150, 913
2, 067
214, 902
1, 328
33, 359
170
16, 014
63
110, 319
437
45
11,291
26, 961
99
8, 074
92
18, 306
96
18, 368
62
78,151
329
36, 585
125
58,141
380
24, 854
137
14,143
56
12
1, 920
19, 393
63
23, 050
85

325,283

41, 520

20,191
35, 085
51, 593
14,638
3, 837
10,148
1,201
8 ,1 9 5
29, 275
47, 863
8, 148
2, 860
19, 761
3, 650
5, 355
1, 797
3, 701
4 ,067
16, 063
7,401
13,093
5, 841
2, 446
255
2, 841
5, 978

3, 862
3, 679
8, 754
1,669
370
1, 514
185
1, 531
4, 791
4, 697
947
594
1,297
127
574
366
566
357
1, 268
620
1, 338
604
543
56
478
733

103, 354 10,112, 847 1, 352, 670
145, 844
13, 741 1,128, 911
310, 797
34, 738 2,193, 831
150, 982
16, 367 1, 312, 322
126, 481
10, 904 1, 020, 968
84, 979
639,226
6, 230
69, 033
3, 920
498, 025
164, 266
4, 535 1,140, 533
3, 075
57, 554
453, 361
2,1 2 2
53, 337
439, 342
65, 753
2, 201
418, 273
409, 065
71,104
2, 987
2, 534
52, 540
458, 990

322,278

2 Includes both central reserve city and reserve city banks.

35,177
53, 390
34, 611
38, 943
23, 832
21, 539
41,174
15, 061
13,194
13, 415
16, 798
15,144

11
AND RESERVE C IT Y 1 AND OF COUNTRY BANKS IN EACH FEDERAL RESERVE DISTRICT
ASSETS [in thousands of dollars]
D em and
b a la n c e s
w it h
banks
J in U . S.
(e x c e p t
p r iv a t e
b an k s,
e t c .)

O th er
b a la n c e s
w it h
banks
in U . S.

B a la n c e s
w it h
b a n k s in
fo r e ig n
c o u n tr ie s

C a sh
it e m s in
p rocess
o f c o l­
le c t io n

B ank
p r e m is e s ,
fu r n it u r e
and
fix tu re s

4,119, 695

119, 824

50, 553 1, 758, 709

945, 037

1,112, 229

40, 007

42, 935 1, 073, 414

70,149
109, 417
145, 426
8 0,434
15, 249
20, 144
266, 444
64, 306
6 1,027
94, 396
56, 097
129,140

1,925
1, 793
8, 645
2, 634
1, 467
10c
12, 764
334
1, 245
3, 850
915
4, 332

1,739
34, 085
1 ,368
592
1
2, 022
114
385
440
9
2 ,180

50,082
581, 263
77, 878
27, 540
10, 511
13, 678
134, 752
2 9,136
16, 042
28, 225
13, 269
91, 038

747, 330

19, 907

3, 571

25, 722
44, 996
96, 368
34, 605
19, 971
12, 672
19, 653
1 8 ,91C
25, 258
81,164
4, 43C
28, 329
19, 406
3, 532
38, 814
22, 396
12, 906
4, 682
67, 596
21, 601
56, 889
19, 524
17, 231
50, 675

842
1,061
3, 345

1,180
127
103
18

1, 666
352
927
1 ,950
1, 225
3, 166

355, 426
26, 046
11, 134
41, 667
14, 446
3, 030
8,1 1 0
816
4, 300
45, 080
38, 437
7, 794
4, 994
23, 596
4, 842
7, 732
9,014
9, 357
5, 717
34, 047
12, 26]
19, 007
9, 323
3, 357
618
4, 896
5, 805

O th e r
rea l
e sta te
ow ned

A s se ts
C u sto­
in d ir e c t ly
m ers’
rep re­
li a b i li t y
s e n t in g
on a c­
rea l
c e p ta n c e s
e sta te

In com e
a ccru ed
b u t not
c o lle c t e d

325, 634

144, 508

120, 722

371,648

99, 539

81,193

116,193

24, 479
214, 309
2 3,015
7,011
2, 666
4, 527
23, 456
5, 232
757
3 .119
6, 524
56, 553

4, 432
33,993
30, 396
8, 834
437
834
6, 632
4 ,919
522
803
1,746
5, 991

5,014
16, 906
22, 806
8, 267
1,988

9, 512
89, 540
7, 924
677

1,732
569
3, 450
423

2, 439
514
174

20, 038

304,107

130,274

48, 250

11, 926
13, 964
24, 461
7,016
1,301
1, 855
3, 587
2, 803
4, 777
3, 625
713
2,014
4,1 8 6
359
1,409
1, 248
3, 364
215
6, 135
3, 479
20, 810
5, 732
948
4, 347

6, 741
4, 485
6, 303
477
124
4, 477
279
1, 536
901
1,833
73
3 ,155
78
7
167

287

13,125
19, 260
33, 239
16,117
4, 093
4, 826
6, 343
8, 904
17, 209
37, 686
2, 840
12, 461
6, 529
1,280
12,073
7, 939
10, 343
1, 384
13, 455
4, 805
4 0,116
10, 143
6, 433
13, 504

131
45
490
160
16, 176
205
45
362

127

490

9, 024

851

108, 726

61, 914

10, 320

3, 231

422

3,135

454
300
180
318

211
32
57
5

6, 362
2, 235
14, 421
4, 845
1,133
2,103
52
1, 525
4, 269
4, 954
2, 167
481
4, 161
646
799
191
308
672
4, 503
1,194
2, 601
1, 145
243
29
295
580

504
1, 286
4, 091
495

97
165

18
26
59

98
313
453
196

63
21
479
679
1, 062
211
4
8
49
15
72
71
48
41

655

17

221

172

4
31
33

1,000

5

44
29

1, 325
25C
540
1, 258
147
208
28
65
1,413
95

127
699

35
14

35
12
711
194

61, 791

979
4, 434

31, 018

2, 486

15. 941

42
301
63
244

947
856
3, 738
559
199
507
228
195
1,022
1,790
59
434
162
55
437
181
321
17
262
132
2, 515
835

11, 638 6, 723, 566
348, 694
958
387
404, 725
2 ,199 1,160, 897
563
377, 387
94, 565
235
764
106 933
59
111,’ 643
217
126 903
2, 825
290, 772
602
744, 310
120
44, 037
140
175,172
114
156, 223
1
18, 354
500
206,295
104
115, 392
488
128’ 892
57
36 689
163
284’ 899
23
104, 753
925 1, 044^ 067
58
243, 904
96
90 907
40
307^ 153

Reserve branch cities 1

3, 924
2, 200

560
2,416
898

244
594
6

2
324
290

4, 147
321
14, 532

41

168
291
363

1, 406

50, 886

3,196

272, 462

381. 201

167, 525

29, 066

1, 621

19,771

170, 430
247, 288
151, 424
147, 340
145, 659
153, 758
232, 470
108,128
105, 944
161, 636
177, 249
103, 384

552
3, 700
4 ,0 1 9
12, 674
4, 032
4,131
2, 374
658
4, 681
4, 218
1, 536
8,311

645
1, 268
5
63
2
183
407
33
262
32
184
112

44, 747
71, 797
24, 960
17, 399
21, 362
15, 340
28, 528
11, 465
8, 537
5, 661
9, 614
13, 052

42; 537
81, 486
59, 709
42, 955
24, 122
19, 030
36, 833
14, 644
14, 334
13,135
14,456
17, 960

13, 235
60, 347
43, 238
12, 992
9, 850
6, 480
6, 370
4. 465
1,726
1, 444
3, 222
4, 156

3,413
17, 733
1, 788
1, 600
787
1, 534
916
126
174
370
67
558

362
646
90
43
178
243
39
9

2, 626
7,915
1,442
1,372
541
958
1, 673
583
1, 610
137
299
615

2, 250
40
15
1,005
200
331
501
15

42

1 See second and third paragraphs on back of title page.




Reserve bank cities 1
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.

1, 904, 710

112

73. 734 25, 570, 758
1,314, 008
13, 696,152
1, 585, 005
721, 744
168, 225
186, 715
3, 572, 097
671,796
318, 317
405, 733
276, 554
2, 654, 412

4. 695
43, 294
8,1 8 6
866
89
647
6, 993
687
2, 754
197
411
4 ,9 1 5

68

73
217
34

133, 987 49, 329, 835 All member banks

473
040
800
297
463
365
9 ,084
1, 531
676
537
29
7, 496

259
200

_

F ederal R eserv e
d is t r ic t n u m b e r s , a n d
r e s e r v e citie s

Total
assets

2,
31,
5,
2,

321
308
591
435
354
156
625
2, 523
10, 206
16, 219
1, 697
1, 438
10, 025
1,061
2,144
73
713
2, 747
3, 375
1, 844
5, 094
1 ,817
493
71
770
1. 626

105
1, 200
1, 116
535

10,
5,
14.
7,
2,
4,

100, 638

O th e r
a ssets

44
300
606
2
50
264
83

102
4
2

741
146
196

301

30
8

735

227

33
82
217
42
105
2
14
9
1

7
4

3, 505 2, 372,168
37
170,260
22
132, 766
356
343, 579
78
108, 440
31, 632
146
84,’ 472
11
10, 868
94
69^ 820
90
247,196
2, 327
332,248
82
54, 975
3
26 438
16
170’ 564
3
21, 669
1
43 664
2l’ 837
7
33’ 204
18
32!095
78
138^ 750
29
60’ 176
47
100’ 799
10
44’ 512
24
21, 474
2
2 ’ 960
10
29^ 707
14
38, 063
45,110 14, 663, 343
1, 590, 646
3, 076, 095
1, 788, 486
1, 424, 531
957,119
792,005
1, 657, 827
666, 680
644, 054
684, 435
705, 202
676,263

2 ,167
25, 897
3, 896
1, 701
2, 549
1, 751
2, 244
593
913
361
1, 601
1. 437

2.
4.
4.
5.
5.
6.
6.
6.
6.
7.
8.
8.
8.
9.
10.
10 ,
J-U
10.
11.
11.
11
11.
12.
12.
12.
12.

B o s to n
N ew Y ork 2
P h ila d e lp h ia
C le v e la n d
R ich m o n d
A tla n ta
C h ic a g o 2
S t. L o u is
M i n n e a p o l is
K ansas C ity
D a lla s
S a n F r a n c is c o

B u f fa lo
C in c in n a t i
P it t s b u r g h
B a lt im o r e
C h a r lo t t e
B ir m in g h a m
J a c k s o n v ille
N a s h v ille
N e w O rlea n s
D e tro it
L it t l e R o c k
L o u is v i ll e
M e m p h is
H e le n a
D enver
Ojv
k iciiiu
la h o m
a v
f l ii tl vj
v
iiia
O m aha
E l P aso
H ou ston
San jrxl.il/UlllU
A n tn n in
Oall
L o s A n g e le s
P o r t la n d
S a lt L a k e C i t y
S e a ttle

Other Reserve cities 1
4. C o l u m b u s
4. T o le d o
5. W a s h i n g t o n
6. Savannah
7. C e d a r R a p i d s
7. D e s M o i n e s
7. D u b u c ju e
7. G r a n d R a p i d s
7. I n d ia n a p o lis
7. M ilw a u k e e
11• 1
P t5Ul
AnriId
a
71• OIUIAA
SinnY n
v li tt vj
9. S t. P a u l
10. K a n s a s C i t y , K a n s
10 T JnpnlTi
10. P u e b l o
10. S t. J o s e p h
10. T o p e k a
10. T u ls a
10. W i c h i t a
11. F o r t W o r t h
11. G a lv e s t o n
11. W a c o
12. O a k la n d
12. O g d e n
12. S p o k a n e

Country banks, by districts
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.

B o s to n
N ew Y ork
P h ila d e lp h ia
C le v e la n d
R ich m o n d
A t la n t a
C h ic a g o
S t. L o u is
M i n n e a p o l is
K an sas C ity
D a lla s
S a n F r a n c is c o

2 Includes both central reserve city and reserve city banks.

12
ATT MEMBER BANKS— CONDITION ON DECEMBER 31, 1938, OF BANKS IN EACH CENTRAL
LIA B IL IT IE S [in thousands of dollars]
T i m e d e p o s it s

D e m a n d d e p o s it s

I n d i­
v id u a ls ,
p a rtn er­
s h ip s
and
corp ora ­
t io n s

F ederal R eserv e
d is t r ic t n u m b e r s , a n d
re s e rv e citie s

All member banks..
Reserve bank cities L
1. B o s t o n _____________

2. N e w Y o r k 2----------3.
4.
5.
6.
7.
8.
9.
10.

11.
12.

P h il a d e lp h ia --------C l e v e l a n d -------------R i c h m o n d ________
A t l a n t a ____________
C h ic a g o 2--------------S t. L o u is __________
M i n n e a p o l is ______
K a n s a s C i t y --------D a l la s _____________
S a n F r a n c i s c o ------

Reserve branch cities
2.
4.
4.
5.
5.
6.
6.
6.
6.
7.
8.
8.
8.
9.
10.
10.
10.
11.
11.
11.
12.
12.
12.
12.

B u f fa lo _______________
C i n c i n n a t i___________
P it t s b u r g h ---------------B a lt i m o r e ___________
C h a r l o t t e -----------------B i r m i n g h a m ------------J a c k s o n v ille -------------N a s h v i ll e -----------------N e w O r le a n s -----------D e t r o i t _______________
L it t l e R o c k _________
L o u is v i ll e ___________
M e m p h i s ------ ----------H e le n a _______________
D e n v e r ______________
O k la h o m a C i t y ------O m a h a _______________
E l P a s o --------------------H o u s t o n _____________
S a n A n t o n i o -----------L o s A n g e le s -------------P o r t la n d ------------------S a lt L a k e C i t y -------S e a t tle _______________

Other reserve cities 1-----4.
4.
5.
6.

C o l u m b u s ------------------T o l e d o ________________
W a s h i n g t o n __________
S a v a n n a h _____________
7. C e d a r R a p i d s -----------7. D e s M o i n e s __________
7. D u b u q u e -------------------7. G r a n d R a p i d s -----------7. I n d i a n a p o l is --------------7. M i lw a u k e e ___________
7. P e o r ia _________________
7. S io u x C i t y ____________
9. S t. P a u l_______________
10. K a n s a s C i t y , K a n s ..
10. L in c o l n _______________
10. P u e b l o . . ---------------------10. S t. J o s e p h ------------------10. T o p e k a -----------------------10. T u ls a __________________
10. W i c h i t a _______________
11. F o r t W o r t h __________
11. G a l v e s t o n ____________
11. W a c o __________________
12. O a k la n d ______________
12. O g d e n ____________
12. S p o k a n e ------- -----------

Country banks, by districts.
1. B o s t o n _______ 1------------------2. N e w Y o r k _________________
3. P h il a d e lp h ia ______________
4. C l e v e l a n d _________________
5. R i c h m o n d ________________
6 . A t l a n t a ____________________
7. C h i c a g o ____________________
8 . S t. L o u is __________________
9. M i n n e a p o l is ______________
10. K a n s a s C i t y -------- -----------11. D a lla s _____________________
12. S a n F r a n c i s c o ____________

U . S.
G ov­
ern ­
m ent

Banks
U n it e d
S ta te s

Banks
C e r t i­
in
fie d a n d
fo r e ig n o ffic e r s ’
cou n ­
ch eck s,
tries
e tc.

,

19,004,
1,025,
11,033,
1,134,
392,
117,
138,
2, 706,
508,
234,
348,
218,
1,144,

,

12, 312,553
699, 738
292,096
731, 313
300, 250
56, 510
69, 789
1, 737,112
304, 204
126, 552
144, 562
95, 631
754, 796

435,713
9 .1 6 7
140,823
51, 713
5,126
2.167
9, 645
85, 634
12,466
206
8,1 8 9
21,923
88, 654

53,944
8,119
10, 630
68, 499
64, 516
27,059
46,130
27,406
25,184
42, 439
12,956

4, 798

79, 418

56,426

6, 798
945
20, 689
656
200

8, 661
2, 349
31,186
3, 353
1, 240

672
2, 455
5,469
199

970
1,670
175
745
40
85
90
15
2, 555
1, 282

3, 454
91
265

5, 722,945 , 954, 696
548, 707 515, 509
21, 217
35, 262 1,395, 039 ,31 1 , 753
864, 615 744, 672
15,873
656, 002 570,160
10,026
337.249 299, 236
13, 878
215,779 172,164
6, 983
675,200 585, 488
12, 607
235,696 152, 483
4, 347
271,377 201, 998
5, 897
94,398
154, 768
8,011
66, 798
100,265
13,046
268,248 240,037
6, 510

553,983

153,657

387

5,000
2, 575
310
50
17, 593

14,293

445,878

22,8 66

41

6, 742

5
50
1,673
164, 932

3 .0 9 5
3, 510
6,7 1 4
1,907
353
726
620
1.006
9 .0 9 6
3,600
1, 284
538
1, 722
271
368
12
501
453
3, 725
54
955
372
99
207
285
474

7,086,265 5,214,585 142,667 L, 127,779
642, 365
15, 362
77, 732
816,040
35,024
894, 328
289,165
1,308,295
25,132
70, 738
500, 893
620,755
474, 225
8,0 8 6
71, 412
574,380
72, 890
337, 478
500,414
7 ,'
80,102
313,
18,481
483, 962
623,892
10,959
138,340
812,864
7 ,003
49, 538
248, 343
355,361
57, 314
1, 979
210.901
303,557
4, 303
95, 239
450,549
317,810
67,159
5,481
394,862
523,249
3 ,1 8 8
58,150
255,995
336,839

181
154

165

5
650
5
22
12

41,947

2, 752
2 ,172
4, 763
853
211
1,107
39
553
2 ,944
3 ,017
680
372
1,
317
521
47
333
245
5, 720
1,020
10,195
225
527
38
139
321

53
145

450
5, 644

1,691

37, 523
5.050
3 .050
1,584
15
13, 535

27, 382
34,8 78
83,9 64
20, 896
6, 255
9,
4, 857
27, 909
36,113
82, 454
15, 747
3, 788
33, 421
3, 879
4, 330
4, 421
7,091
1 ,906
10, 270
3, 676
13, 366
11,909
4, 441
770
9 ,003
11, 494

40, 597

21,843
7, 416
27, 410
24, 814
12, 497
17,423
327
4,871
40, 397
54,942
4, 422
7,314
33,027
3 ,979
12,056
3, 677
9 ,140
5, 528
23, 554
16, 353
27,978
9,4 7 7
2, 517
176
2, 861

71, 200
64, 820
178,121
43,176
8, 932
30,966
3, 613
19, 655
87, 224
129.900
22, 498
9,8 1 2
6 2,804
3 ,9 1 4
16, 419
10, 579
10, 565
13,098
59,929
26,2 45
34,828
14, 365
9, 764
974
9, 441
15, 892

10,044

491
427
11,025
348
16

562

474,020

377,958

21, 045
4,
‘
103
2 ,895
966
13,948
613
8,691
29,605
15.477
1, 798
2,061
15, 712
6,8 8 9
5, 753
548
2, 749
7, 636
10,426
5,503
4 ,2 5 4
1, 284
1,432
149
4,4 0 8
2, 538

958, 734

37,835

9, 695 227,417

540,549
36, 024
39,817
91,243
23,141
6, 608
10,537
5,477
29,086
51,878
87,347
17, 795
4,333
35,184
4,290
4, 707
4,963
7,646
2,371
19,205
3, 746
14, 421
13, 580
4,540
1,227
9,397

171,343

1,595,026
116,933
80,218
212, 470
74,042
22,642
65, 705
4,621
33,913
172, 111
213,135
30,346
19,716
114,300
15,833
35,621
14,
22,926
27,047
107,008
51,108
77,670
26,804
14,742
1,337
17,030

16, 639
264, 894
103,622
13, 224
1,543
3, 362
48, 357
6,1 0 8
2, 741
3, 679
1,077
76, 358

10, 044

8 ,1 4 7
9,101
76, 470
9, 327
2, 757
119
367
4, 229
2, 614
2, 356
168
1, 774
1,363
236
1,247
1, 579
944
385
1,228
662
19, 910
4 ,1 1 6
648
1,

60
950
1, 737
2, 304
36
2, 261
29
143
11,888
9, 654
948
157
1,106
734
872
31
139
540
7, 379
1,987
374
1,453
502

74,153
476, 801
136,391
60,569
198,572

131
49
247
952
591

541, 604

81, 735
397, 783
119, 331
237,173
31, 554
23, 415
513,083
94,4 18
46, 627
24, 561
25, 425
005, 622

11,

23, 805
48, 764
78, 598
52, 326
23, 995
27, 374
73, 754
68, 421
61, 575
54, 545
23, 652
17,174

2 Includes both central reserve city and reserve city banks.

Banks
in
fo r e ig n
cou n ­
tries

61, 288 461, 512 131,637

151, 630

45,619

222, 668

1,072
705

600, 727

U n it e d
S ta tes

113,649
109,018
146,822
54, 543
5, '
19,148
16, 581
24, 838
38, 950
214,115
6, 738
25, 575
29, 574
2, 409
43,157
14, 579
12, 651
7, 935
31,022
17, 914
417, 353
78, 368
20, 389
76, 464

1,141
92
194
126

10, 643
12, 417
23,096
25,953
720
3,
4, 506
6, 752
14, 852
19, 455
219
2 ,188
2 ,150
29
366
275
1,845
682
6,6 9 4
3, 908
14, 841
5 ,603
9
5 ,148

O th e r

B anks

527,255

20, 457
50, 291
161, 898
76, 313
45, 802
20, 550
32,919
23, 382
76, 821
81, 298
12,132
47, 597
37, 507
4,129
37,470
30, 350
38,125
6,058
58,067
17, 286
52, 780
18,312
18,025
40, 221

120, 396
161, 965
464, 789
152, 450
22, 736
40, 560
34, 280
34,190
98, 535
321,860
15,980
69, 418
54,069
6, 947
93,0 68
38, 745
58, 361
16, 429
140, 812
46, 446
384,047
95, 622
31, 947
129, 664

S a v in g s

S ta te s
and
p o lit­
ic a l
s u b d i­
v is io n s

P osta l
sa v­
in g s
and
U . S.
T rea s.

61, 439 1, 819,527
137,255
3,
2, 595
121,418
275, 714
6 ,260
1,675
67, 880
462
9, 661
483
19,287
18,595
618
871
33,206
1,782
50, 839
7, 579
217,415
6,956
1,186
1,429
28,569
815
32, 452
2,660
159
2, 324
47, 015
18, 686
4 ,203
1,004
13, 601
8, 460
705
33, 581
3 ,997
3 ,014
21.249
466, 748
I I,0 9 0
87, 640
2, 713
21, 304
474
79, 336
2, 718

6, 432

16, 677
8,0 4 5
18, 211
20, 472
7,
6, 937
10,307
14, 850
23,901
42, 340
4 ,353
6 ,499
13, 583
2,
6, 695
10, 200
4, 933
1, 452
13,049
3, 252
13,091
13, 550
10,114
19, 761

172, 597
235, 405
674, 448
276,989
77,188
71,996
82, 649
80, 045
216, 963
473,237
33,870
127,131
108,124
14,163
139,976
83,773
104,268
25, 457

Total

793,928 , 678,677 491,735 291, 465 3, 427,322
99, 877
6, 983
213,821
24,410
71, 327
706,271
280, 718 , 687,885 436, 782 194, 950
240,719
4, —
305,156
33, 200
3,1 6 7
253, 795
62,171
21, 292
34, 702
I,5 2 7
45,985
71
11, 267
18
27, 442
43, 650
3, 420
12,117
574,980
9, 515
33,048
659, 283
182,153
105, 548
238
2, 228
166, 959
22, 746
51, 960
512
4, 358
74,413
28, 618
144
4, 592
28, 606
179,478
11,318
11
28,225
7, 435
82, 748
10, 849
10,099
25, 268 1,275,197
157,128
108,323
292, 639 , 007, 790

1 167,433 2, 633,316 165, 817

In d iv id u a ls ,
p a r t n e r s h ip s
a n d c o r p o r a t io n s

547,158 11, 510,343 9,556, 698 1,289,164

31,852,795 21 119,188 789, 816 2,385, 689 6,510,303

i See second and third paragraphs on back of title page.




S ta te s
and
p o lit ­
ic a l
s u b d i­
v is io n s

5
547
1
1
20
5
14
3,631

1,130
1, 420

140
50
240
355
262
963

32
4
18
764

134
6, 510
1, 275

3, 413

1, 787
15

’ ’ "lo o

250
59
13

44, 004 147,179

23, 083

5 ,143
24, 891
29, 803
26, 300
9 ,295
6,5 9 9
11, 978
9, 389
5,157
2, 525
7, 380
8,719

685
9, 531
1,121
796
1, 939
3,139
1,075
2,016
265
1,
540
617

3, 565
100
10, 421
6, 420
2, 784
6,5 0 3
2 ,905
3, 387
2, 382
1, 941
1, " " '
1,701

3, 950

13
RESERVE AND RESERVE CITY1 AND OF COUNTRY BANKS IN EACH FEDERAL RESERVE DISTRICT
LIABILITIES AND CAPITAL ACCOUNTS [in thousands of dollars]

Total
deposits

43, 363,138

B ills
pay­
a b le
and
oth er
bor­
row ed
m oney

6,309

22, 431, 393
1,125, 333
11, 739, 525
1, 375, 576
646, 750
152, 229
166, 081
3,281, 725
614, 389
286, 619
376, 889
246, 822
2, 419, 465
5, 986, 960
309, 852
356, 823
950, 162
344, 869
86, 849
91, 283
101, 244
113, 251
267, 802
690, 652
40, 826
155, 700
140, 576
16, 823
186, 991
102, 459
117, 869
33, 917
256, 249
95, 402
943, 549
224, 031
81, 873
277, 908

Total
lia­
bilities

C a p it a l

S u r p lu s

U n d i­
v id e d
p r o fit s

O th er
R eserv e
c a p it a l
for c o n ­
a c­
t in g e n c ie s
c o u n ts

Total
capital
accounts

N et
dem and
d e p o s it s
s u b je c t
to
re s e rv e

635,548

265, 345

133, 884

310, 656 22,875,936 1, 060, 880 1,182,524
81, 898
56, 753
6, 922 1,142, 569
808, 792
551, 580
254, 727 12, 098, 497
86, 359
65, 815
8.0 8 4 1,392, 764
11,119
54, 576
650, 532
3.0 8 5
5.1
7, 750
152, 891
662
6, 320
8, 875
167,271
1,190
77, 611
136, 255
11,381 3,295, 780
11,340
31, 600
616, 712
I ,7 9 8
10,026
13, 876
290, 978
4,1 8 5
7, 657
12, 850
377, 538
649
6, 970
15,150
248, 741
685
69, 352
105, 800
17, 288 2, 441, 663

313, 674

131, 853

20,367
170,194
27, 279
2, 277
1,
2,016
31, 219
10, 391
2, 457
6 ,169
5, 427
34, 289

12, 401
63, 726
12,189
2, 251
839
2 ,118
30, 658
1, 750
976
1 ,502
229
3, 214

5, 891 2, 694,822 16, 819,
905,
171,439
20
3, 363 1, 597, 655 10, 342,
911,
192,241
284,
71,212
15, 334
91,
104,
19, 444
115
276,317 2, 306,
574
415,
55, 084
3
157,
27, 339
4
225,
28.195
17
149,
27, 813
37
924,
212,749
94

1,234
4,9 1 0

3, 758
42
301
63
244

244

175
150
311
363

435
18

227

5,831

1, 670

864
1,194
1,347
520
391
186
130
96
134
785
24
160

403
649
90
48
178
245
37

26, 691 6, 016, 784
310, 498
604
358, 587
1,463
955, 628
5, 403
346,285
1,172
87,153
304
91, 520
237
101, 537
243
114,093
598
269, 308
697
692,968
2,310
40,
57
158,680
2, 980
141,175
597
16; 843
20
187, 711
720
102, 722
222
118,315
346
34, 213
121
257,917
1, 350
95, 786
384
948,295
4, 435
225,268
874
82,333
460
279,166
1,094

294,152

273,857

76, 766

54, 754

7,253

18, 200
24,800
36, 642
14,970
2, 440
11,818
6, 000
8, 800
10, 408
26,960
1, 654
7, 530
5, 500
1,080
6, 260
7, 350
5,900
600
14, 615
5,075
50, 400
7, 500
4, 750
14, 900

16, 237
14, 400
130,430
9 ,187
2, 335
1,262
2, 350
2, 650
6,410
14,000
956
6, 485
5, 750
253
6, 520
2, 205
3, 623
1,050
7,
2.001
24, 255
5, 650
1,
5,

2,
4,
13,
4,
1,

44
204
392
102
100
834

1,
1,135
3, 363
7, 239
328
1,949
3, 247
165
4 ,125
2, 879
422
506
3,103
1,394
9 ,093
3, 417
1, 348
4, 647

1, ~~~
2,114
24,050
1, 919
1,196
1,129
687
216
337
2, 830
121
69
551
13
1,
211
722
305
825
216
9, 652
1 ,938
332
2, 550

II,117 2,147,117
153,373
398
120, 693
658
304, 820
1,081
98, 069
827
29,250
76,503
244
10, 098
63, 041
42
224, 726
733
302, 098
1, 585
48,288
114
24,087
38
153,274
3, 785
20,175
52
40, 399
71
19,
53
35
30, 607
29, 468
50
126, 591
373
55,021
167
92, 249
158
40, 764
153
19,350
2, 567
26, 785
358
34,923
71

116,298

67,391

27,754

11, 365

2,243

9, 300
6, 800
15, 875
6, 499
500
5,000
300
3, 770
9, 355
20, 770
3, 260
1,225
8,153
942
1,753
500
1, 300
1, 400
6, 270
2, 400
4, 500
1,650
1, 240
329
1, 510
1, 697

5, 282
3, 541
13, 751
2, 661
1,500
1, 325
300
2, 230
7, 720
4, 475
2,170
886
6,400
358
710
1,000
972
572
4, 675
1, 775
1, 742
1,166
619
56
530
975

1,640
1,000
7 ,814
990
182
969
111
539
3, 761
2, 708
766
127
1,907
119
212
140
235
534
565
823
1,139
689
192
8
442
142

640
732
1,254
201
200
421
59
78
1,299
1,869
491
87
605

25

49, 040 12,865, 751
7 ,915 1,373,929
13, 350 2, 718, 527
6, 803 1, 493, 610
3 ,1 2 9 1,234, 079
841, 552
3, 320
702,160
1,
1, 492,100
3,
593,743
1, 581
576, 704
1, 636
607, 351
1,149
635, 447
1 ,902
607, 649
2,

931,768

558,954

217,354

67,373

102, 417
204. 637
123; 967
97, 922
61,074
48, 250
91, 861
41, 789
39, 758
41, 562
42, 830
35, 701

72, 223
95, 883
125,688
61,175
34, 808
27, 502
39, 846
19, 245
17,071
21, 990
24, 562
18, 961

29, 085
38, 265
34, 097
22, 820
13, 393
10,131
21,618
9,7 1 8
7, 806
10, 731
9 ,196
10, 494

11. 867
12, 685
8, 478
6, 344
4,
'
2, 772
9, 698
2,047
2,141
2, 187
2,150
2, 200

1 See second and third paragraphs on back of title page.




327
620
755
924
341
370

557
299
83
121
626
147
645
223

403
257

D em and
d e p o s it s a d ju s t e d

F e d e r a l re s e rv e
d is t r ic t n u m b e r s , a n d
re s e rv e citie s

37, 530 5, 424,217 25,982, 672 33,393,326 All member banks

397,504 43, 905, 588 3, 403, 098 3,083, 726

2, 674
525
174

375

O th er
lia ­
b ilit ie s

138, 737

10, 321
104, 245
9,1 0 4
697

2,135, 575
152, 957
120, 035
303, 713
97, 183
29, 250
76, 242
10, 098
62, 999
223, 989
300, 482
48, 141
34, 049
149, 484
20, 123
40, 328
19, 845
30, 572
29, 418
126, 213
54, 854
92, 091
40, 384
19, 383
% 564
26, 437
34, 853
12,809, 310
1,364, 747
2, 703, 334
1, 485, 370
1,230, 383
837, 663
699, 741
1,488, 064
591, 057
574, 934
605, 317
623, 514
605, 087

A ccep t­
a n ce s
ou t­
st a n d in g

946
313
95
459

296
25
10
15
471
281
2, 372
131
154

162
335

26
225
75
33

23
10
524
20

37
69

2,324,532 Reserve bank cities 1
727, 966
7 ,186, 501
691,124
297,169
58, 793
71, 648
1, 817, 561
300, 042
143, 486
132, 247
100, 646
797, 349

1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.

B o s to n
N ew Y ork 2
P h ila d e lp h ia
C le v e la n d
R ich m o n d
A t la n t a
C h ic a g o 2
S t. L o u is
M in n e a p o its
K a n s a s C i ly
D a lla s
S a n F r a n c is c o

706, 782 3,118, 571 2, 683,287
127, 231
133, 750
38.196
153, 345
171,149
46,138
456,021
544, 841
205,269
158, 480
226, 267
31,103
26. 573
53,124
7, 412
43,154
54, 498
15, 413
38, 862
56, 653
10,106
41,007
52, 231
12, 810
107,009
174, 496
21, 464
334,093
356, 653
51, 342
18, 679
26, 600
3.154
64, 885
86, 341
16, 493
61, 938
8 2,189
15, 048
8,7 2 5
9, 351
1, 511
90,014
89,089
18, 584
45, 209
53, 438
12, 670
53, 955
81,019
10, 677
17, 202
19, 391
2, 476
144, 403
141,617
26, 982
47, 907
47, 747
8, 967
368,112
379, 929
95,772
101, 742
106, 724
18, 636
36,102
37, 081
8, 574
138, 639
134, 393
37, 987

Reserve branch cities 1

335,051 1,130, 990 1,061,948
84, 676
80, 566
16, 887
66, 544
63, 892
13, 073
168,
396
156, 212
38, 759
39, 489
52,161
10, 371
7,
755
17, 258
3, 383
41, 865
53, 439
7,969
3,
640
3 ,1 8 0
770
26, 376
27, 090
6, 779
109,
567
116, 825
33, 470
132,175
158, 479
30,150
23, 279
20, 855
6, 687
10, 807
13, 284
2,351
69,977
80, 679
17, 290
10, 059
9, 930
1, 494
20,
549
25,
745
3, 265
11,101
5, 795
1, 939
12,
934
12,
856
2, 597
18, 232
18, 583
2,627
72, 700
69, 586
12,159
30, 924
37,003
5.155
44,183
53, 569
8, 550
14,057
15, 664
3, 748
11, 230
10, 892
2,124
1,090
648
393
13, 218
11,
364
2,922
17,125
15, 435
3,140

Other reserve cities 1

22,143 1, 797,592 4,913, 614 6,223, 559
696, 567
600,979
216, 717
1,125
989, 888 1,1 4 6 ,9 5 8
357,568
6 ,098
562, 544
444,
562
294, 876
%
538, 264
409, 992
190, 452
2,191
402,884
334, 435
115, 567
1,488
385, 238
314, 919
89, 845
1,190
552, 225
746, 311
165, 727
2, 704
290, 763
235, 771
73, 937
1,138
265, 575
190,117
67, 350
574
415, 399
283, 674
77,184
714
465,453
336, 386
79, 755
1,017
307, 603
220, 666
68, 614
1, 258

2 Includes both central reserve city and reserve city banks.

2.
4.
4.
5.
5.
6.
6.
6.
6.
7.
8.
8.
8.
9.
10.
10.
10.
11.
11.
11.
12.
12.
12.
12.

4.
4.
5.
6.
7.
7.
7.
7.
7.
7.
7.
7.
9.
10.
10.
10.
10.
10.
10.
10.
11.
11.
11.
12.
12.
12.

B u f fa lo
C in c in n a t i
P it t s b u r g h
B a lt im o r e
C h a r lo t t e
B ir m in g h a m
J a c k s o n v ille
N a s h v ille
N e w O rlea n s
D e tro it
L it t l e R o c k
L o u is v ille
M e m p h is
H e le n a
D enver
O k la h o m a C i t y
O m aha
E l P aso
H o u s to n
San A n to n io
L o s A n g e le s
P o r t la n d
S a lt L a k e C i t y
S e a ttle

C o lu m b u s
T o le d o
W a s h in g t o n
S avannah
C ed a r R a p id s
D e s M o in e s
D ubuque
G ra n d R a p id s
I n d ia n a p o lis
M i lw a u k e e
P e o r ia
S io u x C i t y
S t. P a u l
K ansas C ity , K ans.
L in c o ln
P u e b lo
S t. J o s e p h
Topeka
T u ls a
W ich ita
F ort W orth
G a lv e s t o n
W a co
O a k la n d
O gden
Spokane

Country banks, by districts
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.

B o s to n
N ew Y ork
P h ila d e lp h ia
C le v e la n d
R ich m o n d
A t la n t a
C h ic a g o
S t. L o u is
M in n e a p o lis
K an sas C ity
D a lla s
S a n F r a n c is c o

14
ALL MEMBER BANKS— CONDITION OF BANKS
A S S E T S [in thousands of dollars]

N um ber
of
banks

S ta te

Total, all States.

___

_

N e w E n g la n d :
M a in e _. ___ . ________
N e w H a m p s h ir e _______
V e r m o n t ___ __ _
M a ss a ch u se tts.
_ ...
R h o d e I s la n d
___ ____
C o n n e c t ic u t . . _ _ _ _ _
M id d le A tla n tic:
N ew Y ork__ _
N e w Jersey
_ _ _
P e n n s y lv a n ia ___________
E a s t N o r t h C e n t r a l:
O h i o . . __ _ _________
I n d ia n a _ _
I llin o is ._ _
.
M ich ig a n _ _
W isco n s in _ _ _
W e s t N o r t h C e n t r a l:
M in n e s o ta
I o w a ._
M is s o u r i
N o r t h D a k o t a ________ __
S o u t h D a k o t a ____
_ _
N eb ra sk a
.
K a n s a s ____
S o u th A tla n tic:
D e la w a r e ________ _
M a r y l a n d . __
D is tr ic t o f C o l u m b i a ___
V ir g in ia
W e s t V i r g in i a ___
_ _.
N o r t h C a r o lin a __________
S o u t h C a r o l in a _____
G e o r g ia ,
_
_ _ _
F lo r id a E a s t S o u t h C e n t r a l:
K e n t u c k y ___
T e n n e s s e e ___
A la b a m a . .
. . .
M is s i s s ip p i ________
W e s t S o u t h C e n t r a l:
A r k a n s a s ________
L o u is ia n a . .
O k l a h o m a _______
T exas .
M o u n ta in :
M o n t a n a _______ _______
Id ah o.
_
_ _
W y o m in g .
__ _
C o l o r a d o ____
_______ __
N e w M e x ic o .
_ _
A r iz o n a _________
_
N e v a d a ..
___ _ __
P a c ific :
W a s h i n g t o n ________
_ _
O r e g o n _______ __ _
_
C a lifo r n ia ___ . . .
. . ..

L oans
(i n c l u d ­
in g o v e r
d r a fts)

U . S.
G overn­
m ent
d ir e c t
o b lig a ­
t io n s

O b lig a ­
tio n s
g u ar­
a n te e d
b y U . S.
G overn­
m ent

O b lig a ­
tio n s o f
G overn­
m ent
a g e n c ie s
n o t g u ar­
a n te e d
b y U . S.

6, 338 13, 207, 760 10, 882, 288 2, 340, 243
44
53
42
155
14
59

50, 764
30,033
24, 278
619,166
8 8,991
119, 605

563
283
776

36,
13,
9,
430,
72,
73,




O th e r
b on ds,
n o te s
and
deben­
tu re s

330, 879 2, 447, 792 2, 401, 538

C or­
p ora te
stock s
(in clu d ­
in g F . R .
bank
sto ck )

Total
loans
and
invest­
ments

R eserv e
w it h
F ederal
R eserv e
banks

459, 990 32, 070, 490 8, 694,388

C a sh
in
v a u lt

745, 650

964
292
676
533
645
519

8,112
1,697
2, 667
31, 850
5, 361
11,017

419
274
224
8, 554
559
2,213

3, 071
2, 603
2, 658
44,025
4, 043
29, 593

27, 287
12, 826
10, 229
95, 623
13, 473
21,144

1,331
518
339
18,191
4,061
1,990

3, 895,804
429, 291
1,144, 780

3, 382,711
320, 245
1,142, 645

992, 510
64, 426
157, 385

128, 355
5, 232
20, 742

658, 739
80, 271
165,044

616, 550
145, 848
575, 252

202, 444
20, 395
74, 911

327
145
395
207
133

608,178
130, 304
764, 785
311,781
127, 570

434, 707
159, 750
1 ,2 3 7,1 08
333, 699
189, 981

120,145
23, 484
160, 330
114,912
21.359

21, 828
4, 371
33, 955
14, 118
1,288

111,652
33, 715
217,143
71, 553
27, 963

110, 520
37,051
186, 998
64, 757
73, 600

13, 203
3,1 5 5
32,195
3 ,183
2, 334

1, 420, 233
391, 830
2, 632, 514
914, 003
444, 095

278, 986
63, 234
996,101
150, 363
76, 368

44, 907
15,411
59, 790
25, 836
11, 258

206
142
141
50
64
150
200

206,051
117, 598
325,199
15,197
23, 677
81, 942
71, 542

197, 828
56,112
294, 252
11, 332
10, 709
53, 485
48, 923

19, 324
18, 774
73, 527
3, 337
2, 682
10, 350
16, 838

3, 662
2, 709
13, 739
283
410
3,803
3, 872

44, 323
35, 337
82, 224
4,613
8, 421
19, 722
19, 834

30,034
11, 596
45, 795
2, 216
2,210
8 ,074
2, 921

2 ,137
857
18, 806
178
202
745
756

503, 359
242, 983
853, 542
37,156
48, 311
178.121
164; 686

76, 877
37,001
178, 843
3, 824
6, 878
34, 685
30, 986

9 ,148
7 ,206
12, 384
987
1,496
3, 233
4, 028

20
74
13
157
98
52
24
73
57

43,154
102, 677
77, 327
191, 778
90, 953
90, 929
31,313
162,150
69,126

23, 473
196, 408
88, 349
91,107
34, 462
45, 868
12, 442
42, 105
64, 715

8, 048
7, 844
22, 601
18, 252
10, 272
14, 379
2, 834
11,196
25, 437

162
2, 510
4, 385
4,016
1, 208
2, 771
530
3, 122
2, 350

7, 765
8,817
1, 931
21,097
11, 703
22, 823
7, 730
15, 942
19,126

13, 095
28, 769
10, 981
17, 638
12, 333
1 ,455
1,149
9 ,800
9, 279

1,317
2, 649
1,816
3. 387
2, 772
1,199
333
2,1 6 8
1,192

97, 014
347,674
207,390
347, 275
163, 703
179, 424
56,331
246. 483
191,225

10, 066
68, 434
51, 593
55, 644
20, 559
30, 748
7, 688
47, 462
30, 774

1, 653
10, 435
8, 754
8, 921
6, 565
5, 759
2, 585
5, 883
7, 963

111
77
82
27

128,
183,
99,
22,

978
689
566
262

54,125
56, 767
28, 491
8 ,088

12, 767
16, 604
12, 364
971

2,913
2,110
378
431

14, 954
36, 221
31, 705
16,091

15, 708
9, 381
8, 367
1,736

1,827
4, 257
1,638
381

231,272
309, 029
182, 509
49, 960

36, 252
47,069
27, 229
6, 545

6, 222
7, 907
5, 435
2,145

57
37
221
501

51,
129,
122,
417,

859
339
797
721

503
678
622
373

5,173
24, 252
21, 228
46,049

681
1, 111
2, 530
9, 266

15,164
35, 971
59, 936
96, 268

4 ,195
3, 960
4, 977
16, 461

550
1, 646
1,322
5, 715

91.125
279, 957
263, 412
831,853

14, 807
55, 676
51,076
171, 222

2,
5,
5,
23,

531
338
787
240

2,
2,
1,
5,
1,
1,
1,

875
306
533
730
465
782
707
950

13,
83,
50,
240,

127, 948
61,243
50, 071
1.247, 942
189,133
259,081

13,
7,
5,
304,
26.
40,

621
349
387
726
445
451

3, 284
2, 297
1, 200
142,004
6,284
9,014

9, 877,113 4, 334,867
1, 065. 708
142, 380
3, 280, 759
512, 595

102, 974
28,060
64,118

67
30
35
89
27
7
33
5

24, 820
24, 913
17, 754
75, 452
15, 281
26,149
43, 853
9 ,310

32, 938
17,055
8, 976
62, 402
10,030
12,909
2 2,078
7,090

3, 971
8,023
1,204
8, 580
2, 616
4,911
6, 601
3,078

923
141
182
1, 722
475
1,809
327
162

8, 024
5, 723
3, 278
15, 379
3, 353
2, 633
8 ,132
2, 479

5, 340
1,749
1, 269
13, 219
453
2,001
3 ,174
912

361
174
160
773
119
137
555
36

76, 377
57,778
32,823
177,527
32,327
50, 549
84, 720
23, 067

16,136
9, 462
7, 212
46,919
6,0 6 4
6, 349
18, 343
2. 569

63
35
117

146, 669
78, 592
1, 542, 813

97, 626
71, 330
895, 162

10, 454
26, 216
144, 231

2, 304
117
11, 633

23,971
17,010
268, 019

11,136
8 ,1 5 5
92, 842

1,543
486
19, 546

293, 703
201, 906
2, 974,246

45, 935
27, 996
452, 592

STATES LOCATED

C o n n e c t ic u t — D is t . N o . 2 ___
N e w J e rs e y — D is t . N o . 2 ____
K e n t u c k y — D is t . N o . 4 _____
P e n n s y lv a n ia — D is t . N o . 4__
W e s t V ir g in ia — D is t . N o . 4__
L o u is ia n a — D is t . N o . 6 ______
M is s is s ip p i— D is t . N o . 6 ____
T e n n e s s e e — D is t . N o . 6 _____
I n d ia n a — D is t . N o . 7 ________
I llin o is — D is t . N o . 7_________
M i c h i g a n — D is t . N o . 7______
W is c o n s in — D is t . N o . 7_____
M is s o u r i— D is t . N o . 10______
N e w M e x i c o — D is t . N o . 1 0 _ .
O k la h o m a — D is t . N o . 10____
A r iz o n a — D is t . N o . 12_______

O b lig a ­
t io n s o f
S ta tes
and
p o lit ic a l
su b­
d iv is io n s

11
198
59
226
12
26
17
65
106
273
170
96
42
8
210
5

17, 692
353,063
43, 675
358, 546
18, 641
103, 228
17, 543
108, 641
103, 596
713,071
297, 360
113, 931
107,064
8,6 9 8
120, 969
22, 587

12,116
280, 853
20, 468
577,901
8 ,073
82,133
7, 471
39, 875
147,195
1,195, 644
319, 953
179, 200
76, 425
7, 498
50, 340
9, 849

2, 091
49, 314
3, 858
31,163
2, 392
13, 658
662
9, 366
20, 348
153, 259
112, 323
19,144
2 1,059
2, 433
2 1,136
4, 843

IN

TW O

429
3, 282
905
5, 859
414
1,001
421
826
3, 536
31, 756
13, 870
1,032
5, 676
166
2, 530
1,803

FEDERAL

2, 334
66, 818
8, 544
38,090
2, 304
28, 833
12, 598
22, 894
30, 631
198, 037
66, 921
25, 237
37, 279
2, 282
58,126
1, 634

RESERVE

4, 689
115,806
5, 608
177, 997
3, 387
3, 383
1 ,509
8 ,017
30, 601
168, 345
53, 477
65,163
13, 768
359
4, 887
1,991

223
17, 873
811
39, 814
1,124
882
342
3, 781
2, 810
31, 646
2, 947
2, 132
2, 770
73
1, 298
112

9, 228
4,910
4 1,122

D IS T R IC T S — C O N D IT IO N

39, 574
887, 009
83, 869
1, 229,370
36, 335
233,118
40, 546
193, 400
338, 717
2, 491, 758
866, 851
405, 839
264, 041
21, 509
259, 286
42, 819

6, 892
109, 703
10,711
180, 544
4 ,1 2 4
48, 849
5, 372
2 8.099
56, 668
978, 382
144, 532
72, 613
54, 422
3 ,0 3 2
50,423
5, 587

1,574
22, 111
2,505
22,140
1, 509
4,096
1, 770
5, 723
12, 734
55, 794
24,054
9, 868
3, 803
850
5, 564
1. 480

15
BY STATES, ON DECEMBER 31, 1938
A S S E T S [in thousands of dollars]
D em and
b a la n c e s
w it h
banks
in U . S.
(e x c e p t
p r iv a t e
b an k s,
e t c .)

O th er
b a la n c e s
w it h
banks
in U . S.

4,119, 695

B a la n c e s
w it h
b a n k s in
fo r e ig n
c o u n tr ie s

119,824

C ash
it e m s in
p rocess
o f c o l­
le c t io n

50, 553 1, 758, 709

Bank
p r e m is e s ,
fu r n it u r e
and
fix tu re s

O th e r
rea l
esta te
ow ned

A s se ts
C u sto ­
in d ir e c t ly
m ers’
rep re­
li a b i li t y
se n tin g
on a c­
rea l
ce p t a n c e s
e sta te

945, 037

325, 634

144, 508

667
634
491
207
682
403

45
144
15
2, 005
172
222

69
24
101
1,877
268
45

4,0 6 8
3,1 2 8
1 ,188
68, 821
6, 515
12, 883

2, 003
2 ,218
1,037
41, 374
8, 694
14, 171

447
185
328
11,879
3, 225
2, 402

411
77

245, 690
156, 489
372, 952

4, 272
3, 725
16, 365

36, 471
62
1,534

638, 064
31, 806
128, 942

267, 788
48, 810
111,308

241,172
95,054
390, 293
139, 663
84,047

9, 675
2,710
13, 557
1,998
1,650

967
250
2, 023
1,193
34

74, 321
18.093
149, 768
47, 624
19, 786

128,508
47,135
205,009
7, 360
11,294
38, 810
62, 773

3, 882

620

4, 440
3
105

554
53

516

32

35, 311
49, 103
41, 667
57, 397
33, 168
58,101
23, 525
55, 981
57, 428

396
272
180
3. 152
6, 328
122
82
717
1,826

55,
78,
48,
13,

318
895
843
161

808
3, 301
198

22, 891
60, 885
103,591
325, 186

273
705
3, 337
4, 766

28, 507
13, 677
15, 082
74, 871
12, 623
12, 963
28, 124
4, 499

1,683
1, 421
365
4, 762
150
740
1,490
2 ,1 3 5

76, 904

4, 263

25, 877
784

8, 103

16,
8,
5,
126,
22,
70,

229,

OF BAN K S

9 ,5 0 5
127, 232
18, 668
140, 670
5 ,810
37, 381
9, 788 _
55, 420
80, 388
359, 836
130, 765
74, 515
111, 924
7, 491
102,167
9, 297

18
57
2

1
5
134

35
78

127
196
71

14
86

439
194
2, 919

2, 748

LOCATED

126 .
937
495 .
885
413 .
690
236
635
387
738
592
961
150
332
210

IN

127

!
217
2, 023
1,178
34
440
.
-




In com e
a ccru ed
bu t n ot
c o lle c t e d

O th e r
assets

Total
assets

S ta te

120, 722

100, 638

5, 714
2, 210
23

9, 531
343
20

140
4
134
3, 833
573
522

181
41
100
5, 666
419
509

168, 884
85, 344
65, 052
1, 971, 579
266, 963
409, 746

67, 650
41, 772
76, 562

30, 420
8, 276
26, 336

89, 803
465
8, 052

36, 114
4, 133
10, 962

68, 764
2, 199
13, 970

15, 799, 990
1. 533, 885
4, 624, 455

649
050
870
898
551

19, 387
2, 288
9, 766
4, 409
2, 360

9, 200
233
2,310
1, 120
123

1,004
16
2, 478
20
31

4, 114
771
9, 604
2, 331
1,126

2, 146
423
7, 984
1, 339
2, 772

2.157, 701
603,363
4, 315, 058
1, 308, 797
656, 201

29, 455
12, 452
62, 046
696
1, 318
13, 340
6, 764

10,198
6, 679
13, 643
1, 699
1, 956
6, 002
6, 360

1, 217
600
7, 587
266
232
447
786

4,519
681
1,104

179
24
516

1, 726
376
2, 332
176
243

2, 870
315
1,103
68
97
532
153

772, 558
355,452
1, 343,103
52, 288
72! 030
275 624
277’ 395

4,
16,
14,
17,
4,
11,
2,
23,
10,

852
785
591
775
795
200
641
338
723

1,
9,
14,
12,
6,
5,
1,

651
868
421
369
821
745
590
11, 534
7, 493

1, 104
1.490
4, 091
3, 907
4, 746
1,672
305
2, 536
1, 076

676
47

231
573
453
647
156
465
22
626
639

94
756
356
1, 184
562
901
115
903

300

153 048
505’, 730
343, 57»
510, 332
248 086
294’ 270
94, 885
395’ 595
310,187

13,
19,
7,
1,

987
297
844
206

5,
12,
6,
1,

734
517
639
731

3, 961
2 , 886
6, 084
1, 014

570
217
1, 121

246
180

534
521
734
22

367
696
1, 513
152

355 025
482,' 616
288, 40?
75, 938

4, 050
2 0,138
12, 705
47, 323

2, 309
7,291
9, 392
33, 291

791
1,852
208
6 ,416

24
2, 561
290
4, 836

7
597
43
1,378

125
1,339
430
626

228
3, 563
331
1, 592

139,161
440, 029
450, 602
1, 451, 925

2, 995
2, 872
670
13,146
587
2, 493
7, 345
991

2, 859
1, 545
806
3, 597
979
1,598
1, 698
715

129
31
45
381
48
377
205
23

200
2, 235
75

265
1
20
444
12
162
99

602
159
27
521
51
69
126
50

132, 502
89 252
58 766
328’ 241
54, 306
77,’ 368
145 993
35’ 173

16, 468
10, 316
136, 498

8, 341
6, 554
86, 991

1,003
350
25, 108

6
21
34, 732

586
851
10, 262

746
89
6, 283

457, 753
282,175
4, 013, 365

A r iz o n a
U ta h
1ST0 Vavia
HQ
P a c ific :
W a s h in g to n
O regon
C a lifo r n ia

107
3, 681
56
4, 403
101
1,105
8
359
709
9, 423
2, 276
986
585
12
430
162

54
1,331
134
2, 850
82
2 ,9 1 7
132
576
347
7, 866
1,324
2, 740
244
3
306
44

62,914
1,258,037
121,295
1, 679, 860
56. 007
357; 708
61, 086
310, 428
521, 208
4,112,136
1, 242, 495
600, 592
474, 201
34,122
443, 793
63, 725

C o n n e c t ic u t — D is t . N o . 2
N e w J e r s e y — D is t . N o . 2
K e n t u c k y — D is t . N o . 4
P e n n s y lv a n ia — D is t . N o . 4
W e s t V ir g in ia — D is t . N o . 4
L o u is ia n a — D is t . N o . 6
M i s s i s s ip p i— D is t . N o . 6
T e n n e s s e e — D is t . N o . 6
I n d ia n a — D is t . N o . 7
I llin o is — D is t . N o . 7
M i c h i g a n — D is t . N o . 7
W i s c o n s in — D is t . N o . 7
M i s s o u r i— D is t . N o . 10
N e w M e x i c o — D is t . N o . 10
O k l a h o m a — D is t . N o . 10
A r iz o n a — D is t . N o . 12

FEDERAL

1,774
26, 347
1,218
36, 415
1,113
18, 092
1,083
12, 655
16, 242
145, 500
47,0 09
18, 981
29, 318
419
12, 541
2, 263

51,
13,
38,
18,
12,

RESERVE

2, 481
37, 452
2, 458
41, 593
1,288
6, 490
1,477
7, 791
10, 523
34, 846
17, 383
11, 167
3, 970
636
9 ,2 1 7
1,410

100

5

2, 040
683
5
23
588

275
26
19
128
104
18

3
183
329

D IS T R IC T

799
32, 632
613
13, 172
1, 232
1, 688
910
2, 708
1,804
8 , 600
4, 247
2, 103
968
20
194
253

449
133

181

131
363
4, 725

133, 987 49, 329, 835 Total, all States
N e w E n g la n d :
M a in e
N e w H a m p s h ir e
V erm on t
M a ssa ch u setts
R h o d e I s la n d
C o n n e c t ic u t
M id d le A tla n tic:
N ew Y ork
N e w J e rse y
P e n n s y lv a n ia
E a st N o r th C en tra l
O h io
I n d ia n a
I llin o is
M ich ig a n
W is c o n s in
W e s t N o r t h C e n t r a l:
M in n e s o ta
Iow a
M is s o u ri
N o rth D a k ota

finnth L/di\ULcl
nolrnf o
OulltlJ
1
STcUidolvd
ohroclrQ
i>

K ansas
S o u th A tla n tic:
D e la w are
M a ry la n d
D is t r ic t o f C o l u m b i a
V ir g in ia

>* Col \7ircnniQ
V11£,111Id

N o r t h C a r o lin a
S o u t h C a r o lin a
G e o r g ia
F lo r id a
E a s t S o u t h C e n t r a l:
ITAnti/11
pi? yT7
ivuij.
UvK
T en n essee
A la b a m a
M is s is s ip p i
W e s t S o u t h C e n t r a l:
A rk an sas
L o u is ia n a
O k la h o m a
T exas
M o u n ta in :
M on ta n a
Ida h o

W UATTl 1fl O
*
C o lo r a d o

\Tpm
A/TaYiPn
vW lVlcAlLU

S P E C IF IE D

8
8,1 3 5
570
2, 559

20
405

2, 561

594

217
208
2, 243
1,118
123
525

244
16
2, 478
20
31

290
200

43

98

16
ALL MEMBER BANKS— CONDITION OF BANKS
L IA B IL IT IE S [in thousands of dollars]
T i m e d e p o s it s

D e m a n d d e p o s it s

Total

T o ta l, a ll S ta te s _____
N e w E n g la n d :
M a i n e ___________________
N e w H a m p s h ir e _______
V e r m o n t ________________
M a s s a c h u s e t t s -------------R h o d e I s l a n d __________
C o n n e c t ic u t ____________
M id d le A tla n tic:
N e w Y o r k _____________
N e w J e r s e y ____________
P e n n s y lv a n ia _________
E a s t N o r t h C e n t r a l:
O h io ____________________
I n d i a n a ________________
I llin o is _________________
M i c h i g a n ______________
W i s c o n s in _____________
W e s t N o r t h C e n t r a l:
M i n n e s o t a _____________
I o w a ____________________
M i s s o u r i _______________
N o r t h D a k o t a ________
S o u t h D a k o t a _________
N e b r a s k a ______________
K a n s a s _________________
S o u t h A t la n t ic :
D e la w a r e ______________
M a r y l a n d ______________
D is t r ic t o f C o l u m b i a .
V ir g in ia ________________
W e s t V i r g in i a _________
N o r t h C a r o lin a _______
S o u t h C a r o l in a _______
G e o r g ia _________________
F lo r id a _________________
E a s t S o u t h C e n t r a l:
K e n t u c k y ______________
T e n n e s s e e ______________
A l a b a m a _______________
M i s s i s s ip p i____________
W e s t S o u t h C e n t r a l:
A r k a n s a s _______________
L o u is ia n a ______________
O k l a h o m a _____________
T e x a s ___________________
M o u n ta in :
M o n t a n a _______________
I d a h o ___________________
W y o m i n g ______________
C o l o r a d o _______________
N e w M e x i c o __________
A r iz o n a ________________
U t a h ___________________
N e v a d a ________________
P a c ific :
W a s h i n g t o n ___________
O r e g o n _________________
C a lifo r n ia ______________

I n d i­
v id u a ls ,
p a rtn er­
sh ip s
and
corpora ­
t io n s

U . S.
G ov­
e rn ­
m ent

S ta tes
and
p o l it ­
ic a l
s u b d i­
v is io n s

Bank
U n it e d
S ta tes




In d iv id u a ls ,
p a r t n e r s h ip s
a n d c o r p o r a t io n s

Total
S a v in g s

O th er

31, 852, 795 21,119,188 789,816 2,385,689 6,510,303 500, 641 547,158 11, 510,343 9, 556, 698 1,289,164
59, 405
47,160
19, 793
360,745
132,049
255, 482

45, 696
33, 959
16, 442
957.121
109,036
203,730

1 ,123
617
381
19, 776
409
3, 561

5,157
4,
836
237, 613
8,983
18, 487

6, 298
6, 576
1, 574
104,424
11,119
2 3,102

24,410
367

1.130
1, 510
560
17,401
2 ,135
6, 602

85, 790
23,260
35,293
328, 894
98,158
99,173

P osta l
sa v­
in g s
and
U . S.
T rea s.

S ta tes
and
p o lit ­
ica l
s u b d i­
v is io n s

Banks
in
U n it e d
Sta tes

797
285
238
693
563
2, 732

55
398

302, 890
21, 763
266,154

16,357

59, 591
14, 301
61,602

18, 492
708
42, 615

1,670
1,100
438
25,1 44
4,2 1 6

1, 642, 651 1, 256,034
689, 342 652, 570
1, 513, 581 1,126, 853

438, 250
245
9,181

218, 946
14, 784
25, 385

854, 848
,139, 720
228, 446
365, 520
!, 114, 434 2 ,043, 489
700, 224
478, 587
340, 469
230, 479

21, 800
14, 446
91, 806
22, 335
13,099

98,058
65,195
233, 392
94, 856
30, 510

147,169
51,162
698, 027
92, 342
60, 536

1,074
53
9, 515
713
145

16, 771
6 ,218
38, 205
11,391
5, 700

771,580
177, 827
833,434
497,206
248,161

681,
137,
714,
478,
223,

940
837
941
891
489

59, 555
30, 251
86, 263
12, 646
21, 400

3, 329
1, 651
1,179
760
941

20,136
47
30, 907
3, 514
856

6, 620
8, 041
144
1, 395
1, 475

471, 833
225, 037
L,001, 776
26, 500
44, 495
203, 059
207,319

269, 786
137,445
549, 764
21,122
28, 744
124, 268
118, 450

1
3, 457
23, 258
124
384
3, 235
5,

69, 381
3 8,032
56, 737
2, 519
11,011
21,079
49, 899

121, 524
42, 727
363,041
2, 215
3, 798
51, 824
30,971

736

8, 421
3, 376
8, 594
520
558
2, 653
2, 710

218,159
96, 914
227,050
19, 614
19, 494
44,194
40,353

170, 295
72, 629
184, 922
12,113
11, 704
26, 586
23, 853

41, 012
23, 806
34, 615
7, 040
7 ,034
17, 227
15, 465

1,560
430
1, 325
138
86
318
544

2, 558
39
765
323
659
34
142

2, 734
10
5, 423

104, 778
319,508
212,470
264, 492
124, 094
217,182
67, 903
268, 651
223, 719

98, 837
187,147
178.121
162, 263
90, 444
102, 287
43, 309
152, 869
136, 239

685
26, 522
1 ,737
4, 991
2, 259
2, 742
500
13, 537
8 ,194

I ,0 8 7
26, 741
103
25, 276
17, 767
26, 872
17, 484

2,618
2,
4, 763
5, 835
3, 909
5,127
1,303
4 ,8 6 8
2, 739

18.311
137,184
91,243
183,144
86,987
48, 547
17, 690
79,190
55, 945

15, 431
121.147
83, 964
159, 780
76, 992
37, 846
16, 02'"
68, 426
48,1 45

1,903
10, 340
6 ,7 1 4
12, 854
8,169
7, 779
1,130
8, 705
1, 530

445
468
300
884
1,228
361
28
1,502
451

352
1, 854

31, 794

1, 551
76, 903
27, 410
66, 056
9 .715
8 0,154
5, 307
75,317
44, 586

8, 337
47
1,064
437
333
4, 554

180
3, 375
265
1,289
551
1, 497
68
224
1, 265

219, 556
305,168
173,109
43, 593

147, 813
156, 245
103,795
27, 082

4,181
15, 483
8 ,1 1 9
1,185

15, 302
40, 590
26,122
10, 395

49, 989
88, 796
33,055
4, 541

2, 271
4 ,054
1, 779
390

90, 539
127, 065
76, 364
23, 888

71,057
94, 622
68, 086
19, 233

16, 502
19, 874
5,181
3 ,9 5 6

518
3,1 5 6
1, 531
681

2,126
5,711
649
3

3, 702
917
15

91, 027
319, 705
324, 025
L, 095, 088

57, 584
162, 387
194,098
695, 504

16, 814
8 ,6 0 7
39, 791

I I, 892
43,191
46, 951
9 0,025

1
3, 308
13, 879
37, 402

33, 040
83,241
78,113
200, 563

26,020
68,181
46, 431
157, 359

5,
5, 343
21,025
26, 205

618
4, 029
813
2,356

176
5, 503
5, 879
13, 875

328
185
3,965
768

83,174
56,995
35,906
215,891
40,351
52,287
90, 377
20,113

56, 367
37, 761
21, 356
154,139
23,690
35, 618
49,001
14,028

1,677
627
348
3, 219
644
1,089
912
510

36,239
23,939
16, 419
80,917
9, 876
18,976
40,126
12, 353

27, 893
20, 260
12, 925
73,093
7, 597
17, 644
37, 792
11, 990

7, 030
3, 262
2, 786
4, 301
2 ,0 4 2
1,124
1,776
211

95
292
68
186
158
46
125
66

1,126

95
125
225
3,080

136, 017 128, 646
87, 710
101,337
1, 892, 962 1, 559, 791

5,918
6, 836
102,195

22,042

18,
92,
60,
231,

755
933
488
726

261
327
208
569
345
131
225

15,062
15, 634
8, 664
15, 263
13,069
12,987
18, 975
4, 72'

9 ,807
2, 646
5, 330
42, 648
2, 603
2, 359
21, 264
660

6, 275
188, 780
276, 444
5, 634
112, 695
157,194
I, 749, 360 1, 246, 281 105,024

29, 383
16, 623
133, 663

47,010
18, 777
213, 771

23, 881
33,148
4 26,922
541,493
50,397
59, 775
615, 728
853,783
16, 276
21,061
125, 478
260,380
19,927
33, 875
95, 715
188,562
199, 637
324, 727
I, 005,255 1, 980, 501
464,045
680, 869
213, 836
319,147
172, 232
395,553
12,040
24,657
190, 810
318, 889
29,8 32
44,190

1,338
11, 306
1, 433
25, 997
505
15, 742
1,149
13, 265
14,028
88, 811
21,981
12, 887
8 , 535
308
8, 516
105

4 ,0 3 4
63,121
5 ,898
3 8,866
2,043
37,016
8, 081
26,054
59,962
219, 202
91,029
27, 767
17, 587
9, 732
45, 665
11,079

2, 757
26,488
1, 561
163,983
1 ,536
7 8,942
4 ,:
50, 354
45, 703
670,156
9 2,083
59,164
191, 814
2 ,097
60, 210
2, 290

126
336
71

18
167

1,072
2
640

103

1,065
591
11,086

3, 931
2, 874
39, 535

LOCATED

245
195
"1 ,0 7 2

9, 515
712
145
144

IN

1,138
13, 411
486
9 ,014
701
2,130
320
3 ,174
5, 344
37,070
11,019
5, 348
5, 241
480
13, 686
882

TW O

FEDERAL

21,984
573,930
45,160
541,970
24,060
67, 579
20,210
89,001
145,623
760,427
457,530
220,162
43,201
7,169
77,351
14,349

20, 709
546, 442
38,088
384, 409
20,9 96
5 3,150
1 7,070
61,115
113, 824
673, 226
440, 745
199,185
36, 521
5 ,8 3 2
4 6,109
13,311

RESERVE

1,010
17,905
5, 826
89, 695
2, 650
4, 722
2, 570
17, 264
23, 767
64, 229
1 1,728
1 8,160
5, 869
1 ,123
20, 607
857

415
257
79
152
101
86

7
443
6 ,084
342!
7, 253; 201,523

10,044

723

519, 405 2, 733,041
27, 880
95, 499
474,315
109, 339

382

Banks
in
fo r e ig n
cou n ­
tries

61,288 461,512 131,637
1,121
283
146
1,355
553
769

8 2.147
21,194
34, 471
300, 529
92, 826
86, 786

, 939,505 7, 856,017 173, 846
18,12:
508, 612
665,147
!, 380,963 1, 667,407 95, 336

STATES

C o n n e c t ic u t — D is t . N o . 2__
N e w J e rs e y — D is t . N o . 2_._
K e n t u c k y — D is t . N o . 4 ------P e n n s y lv a n ia — D is t . N o . 4.
W e s t V ir g in ia — D is t . N o . 4
L o u is ia n a — D is t . N o . 6 ------M is s is s ip p i— D is t . N o . 6- ._
T e n n e s s e e — D is t . N o . 6------I n d ia n a — D is t . N o . 7----------I llin o is — D is t . N o . 7________
M i c h i g a n — D is t . N o . 7____
W is c o n s in — D is t . N o . 7____
M is s o u r i— D is t . N o . 10------N e w M e x i c o — D is t . N o . 10.
O k la h o m a — D is t . N o . 10___
A r iz o n a — D is t . N o . 12______

C e r t i­
Banks
fie d a n d
in
fo r e ig n o ffic e r s ’
ch eck s,
cou n ­
e tc.
tries

5, 644

11
29
349

10
332

1,
365
18, 250

3, 950

D IS T R IC T S — C O N D IT IO N

100
281
4, 690
178
4 ,019
560
2 ,937
1,161
352
459
686
408
155
803
46

165
9, 456
823
31,946
4
5 ,503
4, 263
17
22, 600
3 ,203
671
93
59
5 ,879
125

127
142
31, 230
232
185
10
3,422
6 ,854
20
1 ,395
1,460
310

3,953
10

17
BY STATES, ON DECEMBER 31, 1938
L IA B IL IT IE S A N D C A P IT A L A C C O U N T S [in thousands of dollars]

Total
deposits

B ills
pay­
a b le
and
oth er
b or­
row ed
m oney

43,363,138
145,195
70,420
55, 086
1, 689, 639
230,207
354, 655
13,582,156
1,354, 489
3, 894, 544

6,209
240
64
563

1,169
60
1, 234

A ccep t­
a n ce s
ou t­
s t a n d in g

O th er
lia ­
b ilit ie s

10,340
384
20

781
439
380
17, 622
3, 455
1,865

130
87
59
533
36
476

104, 508
468
9, 232

260, 516
8, 690
20,050

13, 948, 349
1, 363, 707
3, 925, 060

689, 968
100, 375
232, 306

884,194
43, 797
343, 158

197, 680
16, 47'
75, 670

73,078
5. 487
45, 507

6, 721
4 ,0 4 2
2, 754

1, 851, 641 11,056,061 7, 956, 304
477, 220
587,089
170,178
699,395 1,879, 615 1, 673,189

208
586
787
660
442

1,919, 685
544, 949
3, 963,378
1,201,135
591,141

145, 995
29, 889
175, 821
61,001
39, 929

8,
2,
34,
5,
3,

751
889
888
817
671

2,506
1,117
1,499
1,591
728

824, 343
895, 356
238, 076
281, 766
252, 373
58, 414
351, 680 2, 575, 555 2 ,165. 318
515, 959
537, 210
107,662
236, 666
246, 903
65, 060

548
3,1 0 0
161
282
500
448

699, 071
322, 611
1,232, 514
46,285
64,271
248,191
248,211

640
1,424
1,081
1,977
654
1,418
165
2, 270
644

246
182

7
812
46
1,633

193
90
104
18

310,095
432,233
249, 473
67, 481

119, 413
80,934
52,325
296, 808
50,227
71, 263
130,503
32, 466

OF BAN K S

1,115,
104,
1,395,
45,
327,
54.
277,
470,
3, 765,
1,138,
539,
438,
31,
396,
58,

168
363
5, 221

LOCATED

25
225
47
100

IN

20
408
98
809

75

12
30
61
10

244
16
2,711
20
31

46




397,504 43,905,588 2,403,098 2, 082, 726

23,230
14,459
9, 707
261, 636
33, 629
53, 021

38, 701
35, 398
13,114
1 ,1 6 6 ,0 3 2
102, 852
172,211

49,056
38,917
17, 388
1 ,0 1 0,1 25
115, 775
220, 551

N e w E n g la n d :
M a in e
N e w H a m p s h ir e
V erm on t
M a ssa ch u setts
R h o d e I s la n d
C o n n e c t ic u t
M id d le A tla n tic:
N ew Y ork
N e w J e rse y
P e n n s y lv a n ia
E a s t N o r t h C e n t r a l:
O h io
I n d ia n a
I llin o is
M ic h i g a n
W is c o n s in
W e s t N o r t h C e n tr a l:
M in n e s o t a
Iow a
M is s o u r i
N o rth D a k ota
S ou th D a k o ta
N eb ra sk a
K ansas
S o u th A tla n tic:
D e la w a r e
M a ry la n d
D is t r ic t o f C o l u m b i a
V ir g in ia
W e s t V ir g in ia
N o r t h C a r o lin a
S o u t h C a r o lin a
G e o r g ia
F lo r id a
E a s t S o u t h C e n t r a l:
K en tu ck y
T ennessee
A la b a m a
M is s is s ip p i
W e s t S o u t h C e n tr a l:
A rkan sas
L o u is ia n a
O k la h o m a .
T exas
M o u n ta in :
M o n ta n a
Idaho
W y o m in g
C o lo r a d o
N e w M e x ico
A r iz o n a
U ta h
N evada
P a c ific :
W a s h in g t o n
O re g o n
C a lifo r n ia

354
495
443
629
224

20, 470
8, 024
4 2,029
12,624
7 ,508

38, 674
17,
‘
60, 843
3, 812
5, 211
15,000
16,063

24, 290
9, 216
25, 508
1,629
1, ~~~
7,
7, 915

7, 634
3, 978
20,033
423
864
2, 402
4, 493

2, 455
1,924
3, 773
123
232
1,873
501

434
463
432
16
113
160
212

73, 487
32, 841
110, 589
6,003
7, 759
27, 433
29,184

314, 085
165, 450
734, 721
18, 444
31, 883
150, 909
137, 782

318,133
166, 401
553, 049
23, 465
38, 995
134, 660
164, 295

123, 854
458,391
304, 820
449, 840
211,928
267, 365
85,758
350, 215
280, 487

8, 695
23, 299
15, 875
31, 099
18, 395
12, 944
5, 037
23, 699
16,149

16,056
14, 126
13, 751
19,104
11, 581
8, 360
2, 341
13, 651
9,011

3, 990
6 ,8 6 8
7, 814
7, 333
4, 229
3, 203
1, 218
4. 863
2,

447
2,
1, 254
2,
1,633
1,913
236
2, 945
1,297

366
65
308
320
485
295
222
277

29,194
47,339
38, 759
60, 492
36,158
26, 905
9,127
45, 380
29, 700

64,615
254,130
156, 212
189, 852
86,131
147, 881
41, 737
189, 358
155, 584

97, 690
199,172
168, 396
175, 599
107, 325
123,086
59, 455
156, 441
160, 049

3 ,3 1 6
1, 664
832
153

313, 687
434,143
250,487
67, 709

19, 938
26, 462
22, 656

14, 801
13, 631
9,091
2, 349

4, 525
6, 866
3, 323
466

1,184
1, 228
1.905
50

890
286
945
273

41, 338
48, 473
37,920
8,227

150, 251
206, 976
116,435
29, 226

151,
181,
123,
36,

399
592
852
661

327
1,700
1,097
3,9 1 5

124,446
405, 458
403,291
1,301, 548

7, 585
17, 793
24, 926
80,113

4, 025
10, 427
14,025
42, 324

2, 573
4 ,409
6, 765
2 1,156

261
761
1,459
4, 458

271
1, 181
136
2, 326

14, 715
34, 571
47, 311
150, 377

64,086
238, 682
207, 729
722, 579

67,
188,
242,
775,

334
748
223
608

203
224
138
954
49
399
839
346

119, 616
81,163
52, 463
297, 947
50,276
71, 662
131, 342
32, 812

6, 955
4,
2, 925
12, 468
2,2 1 5
2, 815
7, 909

3, 323
1,623
1,956
10,141
1,268
1,692
3, 601
366

2, 092
1,382
1,106
5, 230
251
711
2 ,056
1,061

504
675
246
1, 975
204
180
841
42

12
366
70

12, 886

244
32

8, 089
6, 303
30,294
4,030
5, 706
14, 651
2, 361

51,712
40,446
20, 525
127, 925
27,141
36, 831
55,084
14, 623

7 0 , 111
51,150
29, 698
159, 475
36, 816
47, 201
61, 543
18, 274

1,451
951
22, 813

414,100
259, 845
3, 670, 491

23, 867
9, 355
174,088

10, 266
6, 957
103, 654

6, 283
3, 878
48, 536

3,0 8 5
1, 967
13, 756

152
173
2, 840

43, 653
22,330
342, 874

183,077
121, 001
1, 383, 469

205, 626
121, 876
1, 282, 981

274
4, 447
701
26, 327
352
646
36
631
2, 654
3 4,045
5, 634
3, 433
1, 668
118
1,457
180

176
2, 608
338
949
8
1,165
244
261
954
1,188
1,473
618
88
71
129
308

21, 869
7,526
27, 297 C o n n e c t ic u t — D is t . N o . 2
134,252
388, 282
477,107 N e w J e rs e y — D is t . N o . 2
15, 951
39, 891
55, 563 K e n t u c k y — D is t . N o . 4
277,398
677,049
627,193 P e n n s y lv a n ia — D is t . N o . 4
14,138
10, 606
17, 907 W e s t V ir g in ia — D is t . N o . 4
204, 907
28,072
146, 532 L o u is ia n a — D is t . N o . 6
23, 004
27. 245 M i s s is s ip p i— D is t . N o . 6
6, 797
31, 584
120, 487
112, 288 T e n n e s s e e — D is t r ic t N o . 6
49, 461
228,097
248, 701 I n d i a n a — D is t . N o . 7
331,275 2, 501,098 2,0 9 1, 273 I llin o is — D is t . N o . 7
100. 470
505, 361
519, 084 M i c h i g a n — D is t . N o . 7
58,897
225, 651
227, 970 W i s c o n s in — D is t . N o . 7
34, 653
254, 311
165, 742 M i s s o u r i— D is t . N o . 10
2,251
21, 833 N e w M e x i c o — D is t . N o . 10
16, 747
204,181
46, 428
237, 620 O k la h o m a — D is t . N o . 10
4,829
32, 630
39, 530 A r iz o n a — D is t . N o . 12

7,
1,
12,
3,
2,

FEDERAL

236
7, 929
184
6 , 564
180
868
129
1,037
1,381
12, 456
3. 606
2, 325
733
45
1 ,069
357

RESERVE

55, 388
1,123, 785
105, 344
1,402, 462
45, 401
329, 636
54,289
278,844
471, 747
3, 780, 861
1,142, 025
541,695
439, 548
31, 871
397,365
58, 896

60,
16,
97,
26,
13,

S ta te

37,530 5,424,247 25, 982, 672 22,293,326 Total, all States

265,345

3, 456
2, 725
1, 393
33, 887
1, 87'”
6, 748

275
26
19

20

D em and
d e p o s it s a d ju s t e d

635, 548

438
91

135

N et
dem and
d e p o s it s
s u b je c t
to
reserve

6, 861
4, 1
2, 633
108,043
15, 731
17, 882

179
24
527

412,461
258, 531
3,642,322

Total
capital
accounts

12, 002
6, 322
5, 242
101, 551
12, 530
26,050

689,992
321,951
1,228, 826
46,114
63,989
247,253
247, 672

10
349

S u r p lu s

O th e r
R eserve
c a p it a l
fo r c o n ­
a c­
t in g e n c ie s
co u n ts

145, 654
70, 885
55, 345
1, 709,943
233,334
356,725

1,029
16
2,711
20
31

124,067
402,946
402,138
1,295,651

C a p it a l

U n d i­
v id e d
p r o fit s

459
225
195
9, 401
2, 743
2 ,050

138,737

1,911,300
543, 347
3, 947, 868
1,197,
588, 630

123,089
456, 692
303, 713
447, 636
211, 081
265, 729
85, 593
347, 841
279,664

Total
lia­
bilities

D IS T R IC T

4, 527
79, 922
7, 833
71, 672
4, 540
14,094
4 ,147
19, 905
24, 744
164, 537
56, 735
35, 980
16, 388
1, 285
24, 358
2, 465

S P E C IF IE D

1, 915
34, 803
5, 330
156,161
4 ,102
7, 995
1,971
7, 436
14,154
92,009
24, 816
11, 868
9, 576
711
13, 760
1,192

634
12, 472
1, 749
22, 289
1,604
4 ,172
399
3, 351
6, 955
39, 496
11,812
6, 998
6, 933
66
6, 724
684

STATE MEMBER BANKS— CONDITION ON DECEMBER 31, 1938, BY FEDERAL RESERVE DISTRICTS
[Amounts in thousands of dollars]
Federal Reserve district
T ota l
B o s to n

N ew
Y ork

P h ila ­
d e lp h ia

C le v e ­
la n d

R ich ­
A t la n t a
m ond

C h ic a g o

S t.
L o u is

M in n e ­ K an sas |
D a lla s
a p o lis
C ity

San
F ra n ­
c isc o

ASSETS
L o a n s (i n c lu d in g o v e r d r a ft s )_________________________________________________________________________
U n it e d S ta tes G o v e r n m e n t d ir e c t o b li g a t io n s _____________________________________________________
O b lig a t io n s g u a r a n te e d b y U n it e d S ta tes G o v e r n m e n t __________________________________________
O b lig a t io n s o f G o v e r n m e n t c o r p o r a tio n s a n d a g e n c ie s , n o t g u a r a n te e d b y U n it e d S t a t e s .__
O b lig a t io n s o f S ta tes a n d p o lit ic a l s u b d i v is i o n s ____________________________________________________
O th e r b o n d s , n o te s, a n d d e b e n t u r e s _________________________________________________________________
C o r p o r a t e s to c k s (in c lu d in g F e d e r a l R e s e r v e b a n k s t o c k ) _______________________________________
T o ta l lo a n s a n d in v e s tm e n t s __________________________________________________________________________
R e s e r v e w it h F e d e r a l R e s e r v e b a n k s _____________________________ __________________________________
C a s h in v a u l t ___________________________________________________________________________________________
D e m a n d b a la n c e s w it h b a n k s in U n it e d S ta te s (e x c e p t p r iv a t e b a n k s a n d A m e r ic a n
b r a n c h e s o f fo r e ig n b a n k s ) __________________________________________________________________________
O th e r b a la n c e s w it h b a n k s in U n it e d S ta te s _______________________________________________________
B a la n c e s w it h b a n k s in fo r e ig n c o u n t r ie s ___________________________________________________________
D u e fr o m o w n fo r e ig n b r a n c h e s ______________________________________________________________________
C a s h it e m s in p r o ce ss o f c o l le c t io n ___________________________________________________________________
B a n k p r e m is e s o w n e d a n d fu r n itu r e a n d fi x t u r e s _________________________________________________
O th e r real esta te o w n e d _______________________________________________________________________________
I n v e s t m e n t s a n d o th e r assets in d ir e c t ly re p r e s e n tin g rea l e s ta te ________ _______________________
C u s t o m e r s ’ li a b i li t y o n a c c e p t a n c e s _________________________________________________________________
I n c o m e a c c r u e d b u t n o t y e t c o l le c t e d _______________________________________________________________
O th e r assets_____________________________________________________________________________________________

Total assets.

, 738, 379 223, 340
, 724, 950 178,004
806, 802 11,915
103, 694
1,637
843, 346 19,490
717, 840 38, 642
232, 598 10.449

2, 584, 370
2,094, 761
496, 340
62, 049
357,150
293, 471
124, 894

251,148
175, 822
58, 564
5, 034
61, 457
8 8 ,9 2 "
23, 209

487, 705 178, 311
387, 817 118, 684
85, 410 25,102
6, 926
6, 619
46, 665 26,194
87, 840 21. 302
41, 754
5 ,168

73,080
34, 736
5, 562
241
16,182
4,352
2, 928

358, 910
353, 270
64, 153
7, 78f
166, 278
110,057
4 ,r ~ ‘

149, 223
127, 262
22, 015
3, 704
33, 824
24, 989
13,153

Total liabilities.

60, 961
31,143
12, 723
3, 387
30, 922
9, 257
1,108

20, 933 329, 729
6, 426 202, 873
1. 828 20, 406
111
5, 631
6, 946 71, 386
310 32, 869
208
4 ,608

,167,609 483, 477 6, 013, 035

664,161 , 144,117 381, 380 137, 081 1, 065, 314 374,170

, 919,152
194, 492

77, 864
11,982

2, 878,071
74, 409

123,179
12, 562

232, 996
27, 877

7 1 ,r "
12,171

28, 859
3, 641

282, 241
31, 144

67, 529
5, 695

8, 373
1,738

32, 627
2, 802

974, 774
30, 049
20, 826

55, 421
434
405

196,782
3, 583
18, 485

113,432
5,014
34

136, 569
9, 451
550

74, 907
609
55

34, 460
1, 515
5

136, 926
1,990
378

63, 040
548
67

16, 958
512
2

48, 630
1, 712
369

17, 201
65

657, 882
329,114
178, 854
74, 986
56, 328
40, 214
81, 625

19, 980
18,088
8 ,8 1 6
3, |—
532
I,*
1,

420, 218
175, 712
75,009
34, 254
53, 763
24, 078
59, 681

23,385
36, 966
21,624,
58,
3, 082
6,719

47, 966
36,196
23,158
7, 562
352
4, 463
2, 991

21, 286
19, 481
5,
1, 719
128
1,171
1,

8,143
4, r “
3,162
2, 439
228
318
3, 608

18, 634
8, 456
7 ,187
611
139
908
823

1,404
1, 532
272

15, 570
3,112
1,082
359

1,092
1 ,015
340

48,
18,
7,
2,

120
356
202
504
82
2, 972
1,890

17, 725, 908 683, 365 10, 027, 080 1, 036, 802 1, 674, 248 592, 669 228, 298 1, 599,119 547, 807

L IA B IL IT IE S
D e m a n d de p o sits— to ta l_____________________________________________________________________
I n d iv id u a ls , p a rtn e r s h ip s , a n d c o r p o r a t i o n s ________________________________________
U n it e d S ta tes G o v e r n m e n t ____________________________________________________________
S ta te s an d p o litic a l s u b d i v is i o n s _____________________________________________________
B a n k s in U n it e d S t a te s ________________________________________________________________
B a n k s in fo r e ig n c o u n tr ie s _____________________________________________________________
C e r tifie d a n d o ffic e r s ’ ch e c k s , ca sh le tte r s o f c r e d it a n d tra v e le r s ’ ch e c k s , etc._
T im e d e p o sits— to ta l_________________________________________________________________________
I n d iv id u a ls , p a rtn e r s h ip s , a n d c o r p o r a t io n s :
S a v in g s d e p o s it s ____________________________________________________________________
C e r tifica te s o f d e p o s i t _____________________________________________________________
C h r is tm a s s a v in g s a n d s im ila r a c c o u n t s ________________________________________
O p e n a c c o u n t s ___________________________________________ _ ________________________
P o s t a l s a v in g s (see p a g e 1, fo o t n o t e 3 ) _______________________________________________
S ta tes a n d p o lit ic a l s u b d i v is i o n s ______________________________________________________
B a n k s in U n it e d S t a t e s ________________________________________________________________
B a n k s in fo r e ig n c o u n t r ie s _____________________________________________________________
T o ta l d e p o s it s _________________________________________________________________________________
D u e t o o w n fo r e ig n b r a n c h e s ______________________________________________________________
B ills p a y a b le , re d is c o u n ts , a n d o th e r lia b ilitie s fo r b o r r o w e d m o n e y ________________
A c c e p t a n c e s o u t s t a n d in g ___________________________________________________________________
D i v i d e n d s d e c la re d b u t n o t y e t p a y a b le _________________________________________________
I n c o m e c o lle c t e d b u t n o t y e t e a r n e d ______________________________________________________
E x p e n s e s a c c r u e d a n d u n p a i d _____________________________________________________________
O th e r li a b i li t ie s ______________________________________________________________________________

20, 669
14,152
2, 784
573
6, 852
5, 824
255

51,109 149, 501

467
479

47, 449 431, 029
35,101 314, 998
727
8, 642
7, 731 25, 481
3, 001 69, 645
5,316
6, 947

86,
7,
27,
22,

495, 713 199, 713 1, 090, 878

8 2 8 , 113 376, 774
658, 793 216,232
24,199
9, 621
50, 807 34,160
81, 742 108, 633
521
132
12, 051
7, 996

145, 003

523,165
21, 252
19,071
74, 102
68
6, 701

671, 045
16.909
71.910
123, 690
798
13, 855

228, 628
14, 869
22, 029
88, 741
42
2, 488

28, 390
198
9, 071
4, 970
1
724

230, 774

92, 995
2, 396
17,127
89, 653
141
2, 737

588, 641 148,295

54, 478

564,221 132, 982

30, 025

29, 643

169, 668
24, 459
648
27,076
849
7, 393
681

493, 856 133, 570
27,076
6, 477
1,579
453
39, 729
3, 511
1,125
446
20, 568
2,319
4, 708
1, 519

41, 605
4,814
55
399
3, 970
3, 336
299

525, 063
23, 384
505
9, 425
863
3. 853
1,128

108, 050
2 1,012
85
774
570
2, 298
193

21, 427
7, 402
30
41
161
910
54

24, 357
4, 078
98
108
385
119
498

157,
6,
305,
9,
98,
34,
2,

549
377
910
920
731
338
680

188,119
6 , 225
446
1,193
1,346
1,961
423

802,144
21,975
2, 232
207,158
42,031
14,058
1,280

i, 367, 417 584,931 8, 601,230
45, 596
601
66, 962
13, 95'
14, 361
28, 806
84, 914

543
475
795
3 ,177
490

45, 596
50
64,176
10,092
6, 476
11,608
74, 085

875,133 1, 416, 754 525, 069 199, 481 1, 462, 428 489, 779
40
77
1,020
788
2, 726
3, 054

15, 622, 614 590, 411 8, 813,313

43
353
354
1, 111
5, 328
1,377

140
128
265
528
1,033
771

111
228
354
291
296
60

46
156
338
1,892
2, 057
634

18, 942
9, 672
225
1,046
1,107
2, 362

43,354 205, 049

644,359

5,015, 594
144,152
296, 54'
1, 649, 89(
266, 200
137, 969

898, 207 356, 797

81

80, 448
4 ,616
479

64, 358 933, 444

176,
259,
615,
342,
273,
203,

457
265
362
252
9
1,658

6, 266 109,161
1,470
9,001

82, 008 256, 710

871, 704 385,218 7, 510, 352
484 305,086
633
9 ,403
898 34, 602
797 26, 478
638
410
254
9, 239

36, 762 667,502

73, 379 234, 692
50

10, 051 416, 012
8 ,2 8 7 364, 062
9, 443
1, 204
9
237
93 16, 403
58
147
400 13, 543
10, 777
1,400

57, 500 847, 041

101

139
345
479
623
2, 229

142
41
213

1, 425, 320 527, 934 200, 821 1, 467, 551 493, 594

73, 511 235,189

20
1, 162
507
1,928
1, 623
2, 210

57, 641

CAPITAL ACCOUNTS
C a p i t a l ______________
S u r p lu s ______________________
U n d iv i d e d p r o fit s __________
R e s e r v e s fo r c o n t in g e n c ie s .
O th e r c a p it a l a c c o u n t s _____

Total capital accounts_______________
Total liabilities and capital accounts.
N e t d e m a n d d e p o s it s s u b je c t t o re s e rv e (see p a g e 1 9).
D e m a n d d e p o s it s — a d ju s t e d (see p a g e 1, n o t e 5 ) ______
N u m b e r o f b a n k s __________________________________________




836, 251
935, 926
216,122
107, 027
7, r ~~

2,103,294

38, 268
3 6,088
9, 337
9, 241
20

441, 991
598, 676
121, 668
48, 628
2,804

57,108
74, 801
14,869
6, 641
545

92,954 1, 213, 767

153,964

93, 679
124,015
15,136
15,143
955

31, 651
21, 425
7, 992
3 ,132
535

14, 496
8, 432
2, r “ ‘
1, J
306

248, 928 64, 735

27, 477

61,
32,
18,
17,
1,

855
877
021
070
745

131, 568

33,
10,
7,
1,

495
920
684
339
775

54, 213

5,108
1, 793
1,103
470

10, 500
5, 520
3, 973
1,454
74

8, 497

3, 997
2,109

44,103
19, 270
12, 972
2, 439

21, 521

6, 717 78, 953

17, 725, 908 683, 365 10,027, 080 1, 036,802 1, 674, 248 592, 669 228, 298 1, 599,119 547, 807

82, 008 256, 710

64, 358 933, 444

10, 244, 299 310, 062
8, 337, 754 328, 947
1, 114
42

25, 032
36, 781
71

29, 156
42, 629
59

6, 893, 367
5,029, 892
173

504, 345
522, 351

643, 694 280, 836
673, 685 237,102
114

102, 400
107, 334
52

717, 288
708, 690
253

275, 123
234, 511
77

140, 849
97, 289
70

19
ALL MEMBER BANKS— RESERVE POSITION ON DECEMBER 31, 1938
[In thousands of dollars]

G ro ss d e ­
m and
d e p o s it s

D edu c­
N et de­
t io n s a l­
m and
lo w e d in
d e p o s it s
com p u t­
s u b je c t to
in g
re s e r v e
re s e rv e s 1

R e s e r v e s w it h F e d e r a l R e s e r v e
banks
T im e
d e p o s it s

N et de­
m and
p lu s t im e
d e p o s it s

H e ld s

R e q u ir e d 2

E x ce s s

R a t io o f
R a t io o f
r e q u ir e d
res erv es
res erv es
h e ld to
to n e t
n et d e ­
dem and
m and
p lu s t im e p lu s t im e
d e p o s it s
d e p o s it s
(p e r c e n t ) (p e r c e n t )

All m em ber b a n k s ___________ 431,851,305 4 5,868,633 25, 982, 672 11, 510, 343 37, 493,015 5, 510, 694 8, 694, 388 3,183, 694
C e n t r a l re s e r v e c i t y b a n k s . . ______________ 413,568,509 4 1,026,459 12. 542, 050
R e s e r v e c i t y b a n k s __________________________ 11,196, 531 2, 669, 523 8. 527,008
C o u n t r y b a n k s ____________ __________________ 7, 086, 265 2,172, 651 4, 913, 614
A ll m e m b e r b a n k s , b y d is t r ic t s :
B o s t o n ___ __________ _____________________
N e w Y o r k _________________________ _____
P h il a d e lp h ia ..................................... ...............
C l e v e l a n d ....................... ........................ ...........
R i c h m o n d __________________ ___________
A t l a n t a . . _______. . _______________________
C h i c a g o ________ ________ __________________
S t. L o u i s . ____ ___________________________
M i n n e a p o l i s . . ........................... ...................
K a n s a s C i t y _____________________________
D a lla s ____________ ________________________
S a n F r a n c i s c o _______________
_________
C e n t r a l r e s e rv e c i t y b a n k s :
N e w Y o r k . . . ______ _________ ____________
C h i c a g o ____ _____________________________
R e s e rv e c i t y b a n k s , b y d is t r ic t s :
B o s t o n ___________ ______________________
N e w Y o r k _______
________ ___________
P h il a d e lp h ia ________ __ _______________
C l e v e l a n d ............................................... ...........
R i c h m o n d ___________ ____________________
A t l a n t a ___________________________________
C h i c a g o __________________________ ______
S t. L o u is ___________________________ ______
M i n n e a p o l is _____________________________
K a n s a s C i t y ___________ __________________
D a lla s __________ __________ _______________
S a n F r a n c i s c o ________ ___________________
C o u n t r y b a n k s , b y d is tr ic ts :
B o s t o n ___________________________________
N e w Y o r k _______________________________
P h il a d e lp h ia _____________________________
C l e v e l a n d . . ____________ ________________
R i c h m o n d _____________ ________ _________
A t l a n t a ___________________________ _______
C h i c a g o _______ _ ________________ _______
S t. L o u i s . . . ____ _________ __ ________ .
M i n n e a p o l is _____________________________
K a n s a s C i t y ______________ ___________
D a lla s _________________________ _________
S a n F r a n c i s c o _________ _______ _________

14.7

23.2

1,155, 224 13, 697, 274
4, 632,174 13,159,182
5, 722, 945 10, 636, 559

2 ,9 1 1 ,0 7 8
1, 723, 835
875, 781

4, 987, 542
2, 354,176
1, 352, 670

2 ,076, 464
630, 341
476, 889

2 1.3
13.1
8 .2

3 6 .4
17.9
12.7

1, 841,486
12, 514,146
1, 755, 612
2, 074, 339
1,184, 588
1,148, 296
4 4, 553, 545
1,133, 327
666, 679
1, 401, 274
1,183, 340
2, 394, 673

335, 047 1, 506,439
1, 047, 934 11. 466, 212
399, 493 1, 356,119
518, 918 1, 555, 421
322, 783
861, 805
338, 521
809, 775
4 927, 888 3, 625, 657
287,027
846, 300
228, 942
437, 737
488, 894
912, 380
408, 843
774, 497
564, 343 1, 830, 330

648, 584 2 ,1 5 5 ,0 2 3
2, 238, 565 13, 704, 777
1,105, 334 2. 461, 453
1, 382, 770 2, 938,191
540, 735 1, 402, 540
388, 289 1 ,1 9 8,0 64
1, 680, 656 5, 306, 313
409, 221 1, 255, 521
361,181
798, 918
309, 604 1,221,984
224, 321
998, 818
2, 221,083 4 ,0 5 1 ,4 1 3

263, 002
2, 606,142
268,137
318, 787
159, 459
143, 804
804, 539
155, 596
84, 207
159, 544
128, 252
419, 225

391, 087
4, 451, 462
374, 794
474, 365
230, 542
187, 785
1 ,2 8 9,1 96
209,197
113, 301
227, 679
182, 496
562, 484

128, 085
1, 845, 320
106, 657
155, 577
71, 083
43, 981
484, 657
53, 601
29,094
68,135
54, 244
143, 259

12. 2
19.0
1 0.9
10.8
1 1.4
1 2.0
1 5.2
1 2.4
10.5
13.1
12.8
10.3

18.1
3 2.5
1 5.2
16.1
16.4
15.7
2 4.3
1 6.7
1 4.2
18.6
18.3
13.9

1 1,011,639
4 2, 556, 870

686, 514 10, 325,125
4 339, 945 2, 216, 925

694,113 11,019, 238
461, 111 2, 678, 036

2, 383, 672
527, 406

4 ,103, 767
883, 775

1,720, 095
356, 369

2 1 .6
19. 7

3 7 .2
3 3 .0

1, 025, 446
194, 212
1,134, 857
1, 499, 959
684,174
664, 334
41, 183, 811
777, 966
363,122
950, 725
660, 091
2, 057, 834

119,986
43,013
223, 300
354, 530
156, 804
169, 478
4 327, 304
167, 437
115, 502
322,019
221, 980
448,170

905, 460
151,199
911, 557
1,145, 429
527, 370
494, 856
856, 507
610, 529
247, 620
628, 706
438, 111
1, 609, 664

99, 877
149, 413
240, 719
726, 768
203, 486
172, 510
544, 345
173, 525
89, 804
154, 836
124,056
1, 952, 835

1, 005, 337
300,612
1,152, 276
1 ,872,197
730, 856
667, 366
1,400, 852
784, 054
337, 424
783, 542
562,167
3, 562, 499

163, 449
33, 931
171, 559
236, 788
102, 464
95, 225
177, 106
115, 519
47, 824
117, 765
82, 872
379, 333

245, 243
36,898
223, 812
347, 884
145, 563
118, 752
241,155
151,643
59, 964
161, 926
111,392
509, 944

81,794
2, 967
52, 253
111,096
43,099
23, 527
64,049
36,124
12,140
44, 161
28, 520
130, 611

1 6.3
11. 3
14.9
12.6
14.0
14.3
12.6
14.7
14.2
15.0
14. 7
10. 6

2 4.4
12.3
19.4
18.6
1 9.9
17.8
17.2
19.3
17.8
20. 7
19.8
14. 3

215, 061
318, 407
176,193
164, 388
165, 979
169, 043
260, 639
119, 590,
113, 440
166, 875
186, 863
116,173

600, 979
989, 888
444, 562
409, 992
334, 435
314, 919
552, 225
235, 771
190,117
283, 674
336, 386
220, 666

548, 707
1, 395,039
864, 615
656,002
337, 249
215, 779
675, 200
235, 696
271, 377
154, 768
100, 265
268, 248

1,149, 686
2, 384, 927
1,3 0 9,1 77
1, 065, 994
671, 684
530, 698
1, 227, 425
471, 467
461, 494
438, 442
436, 651
488, 914

99,
188,
96,
81,
56,
48,
100,
40,
36,
41,
45,
39,

145,
310,
150,
126,
84,
69,
164,
57,
53,
65,
71,
52,

46,
122,
54,
44,
27,
20,
64,
17,
16,
23,
25,
12,

8 .7
7 .9
7 .4
7. 7
8. 5
9. 2
8 .1
8. 5
7 .9
9. 5
10.4
8 .2

12. 7
13.0
11. 5
1 1.9
12.7
13.0
13.4
12. 2
11. 6
15.0
16.3
10.7

816,
1, 308,
620,
574,
500,
483,
812,
355,
303,
450,
523,
336,

040
295
755
380
414
962
864
361
557
549
249
839

553
539
578
999
995
579
027
077
383
779
380
892

844
797
982
481
979
033
266
554
337
753
104
540

291
258
404
482
984
454
239
477
954
974
724
648

1 D e m a n d b a la n c e s w it h b a n k s m U n it e d S ta tes , e x c e p t p r iv a t e b a n k s a n d A m e r ic a n b r a n c h e s o f fo r e ig n b a n k s , p lu s ca sh it e m s in p r o ce s s o f
c o lle c t io n . T h e d iffe r e n c e b e t w e e n t h e fig u re s s h o w n in t h is c o l u m n a n d th e fig u re s s h o w n a g a in st t h e c o r r e s p o n d in g c a p t io n s u n d e r “ A s s e t s ” is
a c c o u n t e d fo r b y a n ex ce ss o f a llo w a b le d e d u c t i o n s o v e r g ross d e m a n d d e p o s it s a t a n u m b e r o f b a n k s .
2 R e s e r v e s a c t u a ll y r e q u ir e d a re b a s e d o n d e p o s it s a t o p e n in g o f b u sin e ss. T h e fig u re s in t h is c o lu m n , th e re fo re , re p r e s e n t t h e r e s e rv e s r e q u ire d
to b e m a in t a in e d o n t h e b u s in e s s d a y fo l lo w i n g t h e c a ll d a te . P u r s u a n t t o t h e p r o v is io n s o f la w , t h e B o a r d o f G o v e r n o r s o f t h e F e d e r a l R e s e r v e
S y s t e m h a s p r e s c r ib e d t h e f o l lo w i n g r e q u ir e m e n t s as t o re s e rv e s t o b e m a in t a in e d b y e a ch m e m b e r b a n k : T i m e d e p o s it s — 5 p e r c e n t fo r all m e m b e r
b a n k s ; N e t d e m a n d d e p o s it s — 2 2 % p e r c e n t fo r C e n t r a l R e s e r v e c i t y b a n k s , 17% p e r c e n t fo r R e s e r v e c i t y b a n k s a n d 12 p e r c e n t fo r C o u n t r y b a n k s .
s A s rep orted b y m e m b e r b an k s.
T h e s e fig u res d iffe r fr o m th o s e s h o w n b y t h e F e d e r a l R e s e r v e b a n k s ’ b o o k s b e c a u s e o f a la c k o f s y n c h r o ­
n iz a t io n o f e n trie s o n t h e b o o k s o f t h e F e d e r a l R e s e r v e b a n k s a n d t h e m e m b e r b a n k s .
4 “ G ro s s d e m a n d d e p o s i t s ” a n d “ D e d u c t i o n s ” , as s h o w n in th is ta b le b u t n o t e ls e w h e re , e x c lu d e u n in v e s t e d tru s t fu n d s a n d b a la n c e s d u e fr o m
b a n k s , r e s p e c t i v e ly , r e p o r t e d b y o n e b a n k t h a t h a s n o c o m m e r c ia l d e p a r t m e n t .

ALL MEMBER BANKS— PLEDGED ASSETS AND SECURED AND PREFERRED LIABILITIES
ON DECEMBER 31, 1938
[I n t h o u s a n d s o f d olla rs ]
T o ta l,
a ll
m em ber
banks

A ll
n a t io n a l
m em ber
banks

A ll
S ta te
m em ber
banks

C en tra l R e s e rv e c it y
m em ber banks

N ew Y ork

Pledged assets (and securities loaned)— total___________
U n it e d S ta te s G o v e r n m e n t o b lig a t io n s , d ir e c t a n d
g u a r a n t e e d , p l e d g e d t o se c u r e lia b ilit ie s ____________
O t h e r a ssets p l e d g e d t o s e c u r e li a b i li t ie s _______________
A s s e t s p l e d g e d t o q u a l if y fo r ex e rcise o f fid u c ia r y or
c o r p o r a t e p o w e r s , a n d fo r p u r p o s e s o t h e r t h a n to
s e c u re lia b ilit ie s __________________________________________
S e c u r it ie s lo a n e d ___________________________________________

Secured and preferred liabilities—total______ ___________
D e p o s i t s s e c u r e d b y p l e d g e d a sse ts_____________________
B o r r o w in g s s e c u r e d b y p l e d g e d a s s e ts__________________
O t h e r lia b ilit ie s s e c u r e d b y p l e d g e d a sse ts_____________
D e p o s i t s p r e fe r r e d u n d e r p r o v is io n s o f la w b u t n o t
s e c u r e d b y p le d g e o f a s s e ts _____________________________




C h ic a g o

O th e r
re s e rv e
city
m em ber
banks

C o u n try
m em ber
banks

3, 962, 601

2, 946, 084

1,016,517

500, 036

320,162

1, 932,577

1,209, 826

2, 951, 413
745, 430

2, 258, 878
567, 072

692,535
178, 358

296, 906
70, 438

300, 368
269

1, 558, 766
321, 853

795, 373
352, 870

167,001
98, 757

94, 730
25, 404

72, 271
73, 353

58, 754
73, 938

3, 822, 942

4, 938
14, 587

2,383, 618

1, 439,324

44. 327
7, 631

827, 787

58, 982
2, 601

333,175

1,578, 041

3,101, 361
5, 603
63, 720

1, 083, 939

2, 377, 637
4, 858
1,123

723, 724
745
62. 597

297, 568

333, 165

1, 498, 876

43, 740

10

9, 842

971, 752
5,603
10,128

652, 258

486, 479

69, 323

96. 456

652, 258

F E D E R A L R E S E R V E D IS T R IC T S

BOUNDARIES OF FEDERAL RESERVE DISTRICTS
BOUNDARIES OF FEDERAL RESERVE BRANCH TERRITORIES
(APPROXIMATE IN THE ST. LOUIS DISTRICT)

o

FEDERAL RESERVf BANK CITIES.
FEDERAL RESERVE BRANCH CITIES
FEDERAL RESERVE BANK AGENCY