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M E M B E R
B A N K
C A LL REPORT
NUM BER 89
CONDITION OF MEMBER BANES
DECEMBER 31, 1941
*
IB R A H T
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 classification1 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.
1
Beginning with the October, 1939, call a “ short form” of Member Bank Call R eport has been used
•for spring and autumn calls. As a result, the loan and investm ent classifications published on pages
3, 5, 8 and 9 of the June and December issues of the “ Member Bank Call R eport” are not available for
the spring and autum n calls. Likewise, some of the items of assets and liabilities shown separately on
June and December call dates are combined with other items on spring and autum n call dates.
■ -
MEMBER BANK CALL REPORT
C O N D IT IO N O F M EM BER B A N K S O N DECEM BER 31, 1941, C O M PA R E D W IT H SEPTEM B ER 24, 1941 A N D * D E C E ^ ^ i f f, i? j? 0
[Amounts in thousands of dollars]
C h a n g e sin ce—
C o n d itio n o n Dec. 31,
1941
Sept. 24,
1941
Dec. 31,
1940
Sept. 24,
1941
Dec. 31,
1940
18,020,904
15,706,687
3,832,035
3,089,606
17,546,100
14,094,632
4,243,345
3,160,573
15,320,598
12,337,408
3,485,638
3,012,693
+474,804
+1,612,055
-411,310
-70,967
+2,700,306
+3,369,279
+346,397
+76,913
557,231
1,921,852
392,244
43,520,559
12,396,344
1,086,752
| x2,497,203 {
401,496
41,943,349
13,245,857
1,061,442
499,355
2,053,842
416,533
37,126,067
13,991,733
991,146
—18 , 12 o|
-9,252
+1,577,210
-849,513
+25,310
+57,876
-131,990
-24,289
+6,394,492
-1,595,389
+95,606
6,454,995
1114,425 |
1,535
2,146,547
914,682
195,463
6,084,424
100,881
11,311
2,182
2,783,960
914,425
228,243
-307,641
—4,772j
+2,680
+1,236,039
-3,469
-16,324
+62,930
-2,362
-177
+2,033
+598,626
-3,212
-49,104
A SSETS
Obligations of Government corporations and agencies, not guaranteed by
Demand balances with banks in United States (except private banks and
Investments and other assets indirectly representing bank premises or other
6,147,354
98,519
11,134
4,215
3,382,586
911,213
179,139
j
|
j
Income accrued b u t not yet collected.......................................................................
Other assets......................................................................................................................
98,449
72,427
110,586
101,579
109,334
65,265
110,877
133,188
111,146
83,052
105,026
124,082
-10,885
+7,162
-291
-31,609
-12,697
-10,625
+5,560
-22,503
T o ta l a s se ts .....................................................................................................
68,120,856
66,496,959
62,657,678
+1,623,897
+5,463,178
49,230,638
33,061,264
1,709,333
3,065,567
9,713,951
671,186
47,546,451
32,149,203
780,729
3,089,640
}110,797,157 |
44,110,412
29,576,064
616,118
2,723,660
9,581,199
700,073
+1,684,187
+912,061
+928,604
-24,073
|
-412,020|
+5,120,226
+3,485,200
+1,093,215
+341,907
+132,752
-28,887
1,009,337
12,486,751
729,722
12,558,275
913,298
12,319,198
LIABILITIES
Dem and d ep osits—T o ta l...........................................................................................
Individuals, partnerships and corporations....................................................
United States Government2 .................................................................................
States and political subdivisions ....................................................................
Banks in United States .
.....................................................................
Banks in foreign countries ...............................................................................
Certified and officers’ checks, cash letters of credit and travelers’ checks,
etc............................................................................................................................
T im e d ep o sits—T o ta l.................................................................................................
Individuals, partnerships, and corporations:
Savings deposits
....................................................................................
Certificates of deposit.....................................................................................
Christmas savings and similar accounts....................................................
Open a c c o u n ts .................................................................................................
Postal savings2
............................................................................................
States and political subdivisions ......................................................................
Banks in United States
........................................................................
Banks in foreign countries....................................................................................
T otal d e p o sits...............................................................................................................
Due to own foreign branches.......................................................................................
Bills payable rediscounts and other liabilities for borrowed money
....
Acceptances outstanding
........................................................................................
Dividends declared but not yet payable...................................................................
Income collected but not yet earned .......................................................................
.................................................
Expenses accrued and unpaid .............................. *
Other liabilities .............................................................................................................
T o ta l lia b ilitie s
..........................................................................................
CAPITAL ACCOUNTS
Capital (See page 3) .....................................................................................................
10,513,338
611,226
30,136
723,343
50,473
418,220
132,923
7,092
61,717,389
148,921
4,312
86,358
37,902
76,373
98,807
64,430
Undivided profits
...................................................................................................
Reserves for contingencies...........................................................................................
Other capital accounts..................................................................................................
T o ta l ca p ita l a c c o u n ts ...............................................................................
5,886,364
j
,
49,683
381,703
J
1147,272 /
60,104,726
163,273
13,155
77,725
30,512
86,287
108,278
61,343
10,266,149
654,941
27,853
737,865
55,987
435,075
135,226
6,102
56,429,610
182,067
3,282
97,461
38,953
67,666
77,946
63,177
(
+790
+36,517
}
—7,257j
+1,612,663
-14,352
-8,843
+8,633
+7,390
-9 ,9 1 4
-9,471
+3,087
+247,189
-43,715
+2,283
-14,522
-5,514
-16,855
-2,303
+990
+5,287,779
-33,146
+1,030
-11,103
-1,051
+8,707
+20,861
+1,253
60,645,299
56,960,162
+1,589,193
+5,274,330
62,234,492
2,362,185
2,394,336
775,145
312,467
42,231
H i , 979,617 <
j
|
t
j
-101,574
+9,099
+ 54,479
-26,773
—2,101 j
+5,927
+114,715
+53,701
+16,628
-2,123
2,353,086
2,339,857
801,918
1356,799 {
2,356,258
2,279,621
721,444
295,839
44,354
5,851,660
5,697,516
+34,704
+188,848
+5,463,178
+4,445,913
+3,324,520
+133
|
T o ta l lia b ilitie s and ca p ita l a c c o u n ts .................................................
68,120,856
66,496,959
| 62,657,678
+1,623,897
N et demand deposits subject to reserve (see page 19).........................................
Demand deposits-adjusted3..........................................................................................
Number of b an k s............................................................................................................
39,707,549
33,753,582
6,619
38,956,547
33,822,018
6,596
35,261,636
30,429,062
6,486
+751,002
-68,436
+23
1 This is a combination of two or more items shown separately on June and December call dates. See note on back of title page.
2 United States Treasurer’s time deposits, open account, are combined with postal savings (time) deposits.
3 Demand deposits other than interbank and United States Government, less cash items reported as in process of collection.
+96,039
+167,553
+279,615
-71,524
a-
2
ALL MEMBER B A N K S—C O N D IT IO N O N SELECTED CALL DATES, DECEMBER 31, 1936 T O DECEMBER 31, 1941
[Amounts in thousands of dollars]
1936
Dec. 31
ASSETS
Loans (including overdrafts)1......................................................
United States Government direct obligations..........................
Obligations guaranteed by United States G overnm ent..........
Obligations of States and political subdivisions......................
Obligations of Government corporations and agencies not
guaranteed by United S tates.....................................................
Other bonds, notes, and debentures1..........................................
Corporate stocks (including Federal Reserve Bank stock)1. .
T o ta l lo a n s a n d in v e s tm e n ts 1..................................................
Reserve with Federal Reserve B an k s.........................................
Cash in v a u lt....................................................................................
Demand balances with banks in United States (except private
banks and American branches of foreign b an k s).................
Other balances with banks in United S ta te s............................
Balances with banks in foreign countries...................................
Due from own foreign branches...................................................
Cash items in process of collection...............................................
Bank premises owned and furniture and fixtures......................
Other real estate owned...................................................................
Investments and other assets indirectly representing bank
premises or other real estate1.....................................................
Customers’ liability on acceptances.............................................
Income accrued but not yet collected..........................................
Other assets........................................................................................
1937
Dec. 31
1938
Dec. 31
1939
Dec. 30
1940
Dec. 31
1941
June 30
1941
Dec. 31
13,359,853
11,639,486
1,905,718
2,226,412
13,957,823
10,574,143
1,797,407
2,046,611
13,207,760
10,882,288
2,340,243
2,447,792
13,961,820
11,184,195
3,143,960
2,691,687
15,320,598
12,337,408
3,485,638
3,012,693
16,729,381
14,238,453
3,839,296
2,984,431
18,020,904
15,706,687
3,832,035
3,089,606
295,628
3,031,028
541,559
32,999,684
6,571,694
697,380
280,280
2,566,080
529,411
31,751,755
7,005,209
589,457
330,879
2,401,538
459,990
32,070,490
8,694,388
745,650
376,697
2,142,672
439,477
33,940,508
11,603,504
841,215
499,355
2,053,842
416,533
37,126,067
13,991,733
991.146
527,591
1,931,443
408,353
40,658,948
12,959,092
999,433
557,231
1,921,852
392,244
43,520,559
12,396,344
1,086,752
3,918,620
147,837
55,480
14,209
2,533,275
981,975
367,486
3,319,785
94,605
69,723
3,578
2,259,351
971,465
342,694
4,119,695
119,824
50,553
4,196
1,758,709
945,037
325,634
5,370,257
136,112
23,796
7,827
1,807,370
924,273
287,709
6,084,424
100,881
11,311
2,182
2,783,960
914,425
228,243
6,188,171
104,487
9,640
121
2,428,800
913,030
208,477
6,147,354
98,519
11,134
4,215
3,382,586
911,213
179,139
144,508
120,722
100,638
129,791
130,774
107,543
100,159
79,902
111.146
83,052
105,026
124,082
110,642
78,719
105,402
92,107
98,449
72,427
110,586
101,579
46,744,286
49,329,835
55,360,949
62,657,678
64,857,069
68,120,856
29,317,024
19,747,450
781,034
2,131,984
5,436,442
452,772
31,852,795
21,119,188
789,816
2,385,689
6,510,303
500,641
37,487,815
24,603,982
742,566
2,321,334
8,507,394
749,251
44,110,412
29,576,064
616,118
2,723,660
9,581,199
700,073
46,016,122
31,428,718
618,637
2,940,374
9,609,657
681,010
49,230,638
33,061,264
1,709,333
3,065,567
9,713,951
671,186
767,342
11,521,632
547,158
11,510,343
563,288
11,852,337
913,298
12,319,198
737,726
12,495,387
1,009,337
12,486,751
9,461,126
740,327
28,761
575,832
94,653
481,721
128,641
10,571
40,838,656
117,510
9,556,698
702,077
20,971
566,116
61,288
461,512
131,637
10,044
43,363,138
143,425
9,883,113
676,529
24,434
631,033
51,330
432,173
144,188
9,537
49,340,152
150,938
10,266,149
654,941
27,853
737,865
55,987
435,075
135,226
6,102
56,429,610
182,067
10,353,663
648,517
133,419
762,409
54,765
397,422
138,090
7,102
58,511,509
175,129
10,513,338
611,226
30,136
723,343
50,473
418,220
132,923
7,092
61,717,389
148,921
14,621
173,611
43,423
6,209
138,737
32,664
43,649
69,683
108,083
3,241
123,755
37,968
56,310
68,690
58,136
3,282
97,461
38,953
67,666
77,946
63,177
2,887
93,660
37,152
79,695
92,428
64,937
4,312
86,358
37,902
76,373
98,807
64,430
179,414
240,701
T otal a s s e ts .
48,707,755
L IA BILITIES
D em and d e p o sits—T o t a l ............................................................ 31,896,215
Individuals, partnerships, and corporations......................
20,970,304
United States Government2....................................................
881,961
States and political subdivisions..........................................
2,329,180
Banks in United S ta te s..........................................................
6,401,831
Banks in foreign countries.....................................................
431,808
Certified and officers’ checks, cash letters of credit and
travelers’ checks, etc............................................................
881,131
T im e d e p o sits—T o t a l ..................................................................
10,989,111
Individuals, partnerships, and corporations:
Savings deposits.................................................................
8,991,216
Certificates of deposit.......................................................
765,315
Christmas savings and similar accounts.......................
25,319
Open accounts.....................................................................
647,498
Postal savings2...........................................................................
104,369
States and political subdivisions...........................................
296,229
Banks in United S ta te s ............................................................
153,372
Banks in foreign countries......................................................
5,793
T o ta l d e p o s its .................................................................................. 42,885,326
Due to own foreign branches..........................................................
63,968
Bills payable, rediscounts, and other liabilities for borrowed
money...............................................................................................
17,135
Acceptances outstanding..................................................................
201,487
Dividends declared but not yet payable3....................................
45,431
Income collected but not yet earned............................................
Expenses accrued and u n p aid ......................................................... • 219,229
Other liabilities..................................................................................
T o ta l lia b ilitie s.
CAPITAL ACCOUNTS
Capital (See page 3 ).........................................
Surplus.................................................................
Undivided profits3..............................................
Reserves for contingencies..............................
Other capital accounts^....................................
T o ta l ca p ita l a c co u n ts3.........................................
154,504
182,160-1
[
185,290\
43,432,576
41,373,111
43,905,588
49,839,190
56,960,162
59,057,397
62,234,492
2,453,840
1,936,370
560,324
309,817
14,828
2,430,606
2,010,421
602,430
311,355
16,363
2,403,098
2,082,726
635,548
265,345
37,530
2,363,229
2,166,392
674,734
276,613
40,791
2,356,258
2,279,621
721,444
295,839
44,354
2,358,948
2,318,745
768,296
308,685
44,998
2,362,185
2,394,336
775,145
312,467
42,231
5,275,179
5,371,175
5,424,247
5,521,759
5,697,516
5,799,672
5,886,364
T otal lia b ilities and cap ital a c co u n ts..................... 48,707,755
46,744,286
49,329,835
55,360,949
62,657,678
64,857,069
68,120,856
23,740,652
20,387,425
6,341
25,982,672
22,293,326
6,338
30,325,868
25,681,234
6,362
35,261,636
30,429,062
6,486
37,411,078
32,678,018
6,556
39,707,549
33,753,582
6,619
N et demand deposits subject to reserve (see page 19).
Demand deposits-adjusted4...............................................
Number of b anks..................................................................
25,449,917
21,647,340
6,376
1 Figures of loans and investments beginning December 31, 1938 are not entirely comparable with prior call dates because investments and other assets
(prmcipaly loans) indirectly representing bank premises and other real estate are now reported separately. Such investments and other assets amounted
to $94,569,000 and $49,939,000, respectively, on December 31, 1938.
United States Treasurer’s time deposits, open account, are combined with postal savings (time) deposits.
Reserves for dividends payable in common stock, $5,544,000 on December 31, 1938, were formerly published as part of undivided profits. Reserves
for undeclared cash dividends on capital stock and for accrued interest on capital notes and debentures, $10,691,000 on December 31, 1938, were formerly
reported in combination with dividends declared but not yet payable. Beginning December 31, 1938 these two reserves are included in “Other capital
accounts.
4 Demand deposits other than interbank and U nited States Government, less cash items reported as in process of collection.
3
ALL M EM BER B A N K S -C L A S S IF IC A T IO N O F L O A N S, IN V E S T M E N T S , REAL E S T A T E , A N D C A P IT A L O N SELECTED CALL
D A TE S, D ECEM BER 31, 1936, T O DECEM BER 31, 1941
[In thousands of dollars]
1939
Dec. 30
1940
Dec. 31
1941
June 30
1941
Dec. 31
13,961,820
5,385,773
729,539
290,817
9,229
63,246
91,681
790,316
700,351
288,696
1,883,553
784,476
56,350
2,876,628
11,165
11,184,195
562.737
2,223,277
773,492
3,017,960
3,657,326
949,403
15,320,598
6,203,515
865,091
321,473
4,291
55,875
74,418
642,448
652,121
299,188
2,118,475
810,344
43,106
3,222,650
7,603
12,337,408
651,986
2,594,269
1,367,488
2,885,694
4,344,955
493,016
16,729,381
7,270,191
737,818
399,290
6,189
52,444
79,316
574,951
634,684
304,527
2,253,812
806,832
44,392
3,555,922
9,013
14,238,453
1,126,997
2,630,705
1,380,038
3,537,901
5,057,355
505,457
18,020,904
8,063,757
972,321
477,939
6,930
44,888
77,600
594,193
597,684
294,962
2,396,116
802,831
39,023
3,642,364
10,296
15,706,687
970,898
3,007,240
1,452,093
3,653,914
5,456,252
1,166,290
2,340,243
963,157
426,961
1,323,848
433,588
155,846
3,143,960
2,082,254
833,690
1,500,513
444,449
365,308
3,485,638
2,329,749
840,575
1,490,350
463,128
691,585
3,839,296
2,591,094
1,292,205
1,398,758
480,398
667,935
3,832,035
2,602,315
1,338,847
1,427,822
499,986
565,380
330,879
222,049
106,440
126,864
97,575
376,697
280,963
94,977
154,365
127,355
499,355
377,790
129,171
164,414
205,770
527,591
404,090
155,683
193,083
178,825
557,231
432,332
167,471
199,042
190,718
2,447,792
9,373
149,374
1,478,409
810,636
62 ,566,080
2,401,538
89,239
431,610
786,594
885,643
766,456
794,471
568,366
6885,966^
97,934
182,188
\
529,411 ‘ 459,990
134,494
132,637
104,148
(
23,430
396 774\
196,175
1,743
I
2,691,687
7,022
172,253
1,645,051
867,361
2,142,672
77,257
451,364
731,149
604,513
527,541
93,015
186,454
439,477
135,546
100,069
20,369
181,778
1,715
3,012,693
6,735
220,432
1,788,648
996,878
2,053,842
55,690
579,907
701,663
499,920
539,702
147,774
164,783
416,533
138,539
99,659
18,864
157,977
1,494
2,984,431
3,737
213,650
1,731,460
1,035,584
1,931,443
45,829
579,340
685,623
454,248
513,474
130,547
147,551
408,353
140,318
97,414
18,141
150,730
1,750
3,089,606
2,872
190,054
1,827,730
1,068,950
1,921,852
38,660
625,572
698,640
421,102
527,938
137,312
136,860
392,244
142,117
98,174
15,329
135,583
1,041
1,270,671
863,883
81,154
23,741
136,227
165,666
1,211,982
848,862
75,411
21,835
116,135
149,739
1,142,668
842,618
71,807
18,446
86,228
123,569
1,121,507
841,635
71,395
15,959
76,563
115,955
1,090,352
839,503
71,710
12,649
63,736
102,754
144,508
94,569
49,939
130,774
85,997
44,777
111,146
77,831
33,315
110,642
78,496
32,146
98,449
72,816
25,633
1936
Dec. 31
1937
Dec. 31
Loans—T o t a l....................................................................................
13,359,853
13,957,823
Agricultural lo a n s .....................................................................
Commercial paper bought in open m a rk e t..........................
Bills, acceptances, etc. payable in foreign countries.........
Acceptances of other banks, payable in United S ta te s. ..
Reporting banks’ own acceptances........................................
Loans to brokers and dealers in securities........... ...............
Other loans for purchasing or carrying securities2............
Real estate loans: On farm la n d ............................................
On residential property..........................
On other properties................................
Loans to b a n k s...........................................................................
All other loans3...........................................................................
Overdrafts....................................... : ...........................................
U nited S ta tes Governm ent direct o b ligation s—T otal.
382,137
323,742
18,388
160,525
131,131
1,410,608
2,784,736
258,227
Reconstruction Finance C orporation....................................
Home Owners’ Loan Corporation...........................................
Federal Farm Mortgage C orporation....................................
210,328
1,238,002
457,388
255,432
1,143,076
398,899
295,628
6280,280
184,560
111,068
150,106
130,174
6
2,226,412
1938
Dec. 31
2,046,611
85,109
5,651,416
7,529
11,639,486
1,052,517
4,526,645
Bonds maturing in 5 years or less*........................................ 1
Bonds maturing in 5 to 10 years4 .........................................
Bonds maturing in 10 to 20 years4.........................................
Bonds m aturing after 20 years4.............................................. J
O bligations guaranteed by U nited S ta tes G overnm ent—
1,905,718
T o ta l....................................................................................... .
O bligations of G overnm ent corporations and agencies,
n o t guaranteed by U nited S ta tes—T o ta l..........................
T o ta l a m o u n t m a tu r in g in 5 y e a rs or le ss 1,4
Federal Land banks...................................................................
Federal Interm ediate Credit B anks.......................................
Other Government corporations and agencies....................
O bligations of S ta tes and p o litic a l subdivision s5—
T o ta l
...............................................................................
In default1
..........................................................
W ithout specific m atu rity 1 .......................................................
M aturing in 5 years or less1,4
....................................
M aturing after 5 years1,4
....................................
O ther bonds, n o tes, and debentures—T o t a l.......................
T o ta l a m o u n t in d e fa u lt1...........................................
T o ta l a m o u n t m a tu r in g in 5 y e a r s o r le ss i’*
R ailroads......................................................................................
Public u tilities............................................................................
In d u stria ls...................................................................................
Other domestic corporation s ...................................................
Foreign-public and private7....................................................
Corporate stocks—T o t a l..............................................................
Federal Reserve B an k ...............................................................
Affiliates of reporting banks....................................................
Other domestic banks................................................................
Other domestic corporations...................................................
Foreign corporations7................................................................
B ank prem ises, fu rn iture and fixtures, and oth er real
estate—T o ta l................................................................................
Bank premises.............................................................................
Furniture and fixtures..............................................................
Farm land (including im provem ents)...................................
Residential properties...............................................................
Other real properties.................................................................
A ssets ind irectly rep resen ting b an k prem ises or oth er
real estate*—T o ta l
..........................................................
Investments1
..........................................................
Other assets1
..........................................................
C a p ita l:
Par or face value—T o t a l......................................................
Capital notes and debentures..........................................
First preferred stock..........................................................
Second preferred stock......................................................
Common stock.....................................................................
Retirable value of: First preferred sto ck ............................
Second preferred sto ck .........................
3,031,028
991,934
1,002,085
1
y 1,037,009
J
541,559
130,744
]
I 410 815
)
\
{
\
J
13,207,760
4,736,645
500,058
711,771
249,329
363,597
22,502
9,987
125,835
88,048
94,730
129,695
973,351
950,202
774,956
2,752,420
278,092
264,924
9 LOL,O O
989 U S 1,720,434
717,390
124,785
69,943
2,720,266
6,489,150
7,976
6,994
10,574,143 10,882,288
661,772
285,789
4,277,041
3,388,961
726,907
[
2,453,098
Jy U O
O|
2,887,835
I 1,139,698
1,797,407
1,349,461
981,975
1,314,159
971,465/
367,486
f
342,694^
I
2,457,606
74,432
396,130
27,579
1,959,465
2,415,007
52,006
342,903
25,239
1,994,859
2,409,770
47,369
314,626
24,473
2,023,302
2,366,514
43,677
265,166
24,029
2,033,642
2,359,291
40,758
247,726
18,243
2,052,564
2,361,495
40,008
237,349
17,862
2,066,276
2,364,456
38,512
220,587
17,716
2,087,641
438,314
29,421
391,809
29,303
378,450
29,762
335,277
29,499
343,093
23,894
329,829
23,692
312,077
23,591
1 N ot reported separately where no figures are shown.
2 Figures prior to December 31, 1938 represent all loans on securities, regardless of purpose, excepting only loans to banks and to brokers and dealers.
3 This is a residual item and, because of revised loan classification beginning December 31, 1938, the residual amounts are not comparable.
4 Prior to June 30, 1939, the m aturities reported were 1939-1943, 1944-1948, 1949-1958, and 1959 or later, respectively.
5 Includes obligations of territorial and insular possessions, reported separately Mar. 5, 1934 to Sept. 28, 1938, inclusive.
6 Federal Home Loan Bank debentures are included in “Other bonds, notes, and debentures.”
7 Corporate stocks of foreign corporations were reported in combination with foreign bonds, notes, and debentures prior to December 31, 1938.
4
ALL MEMBER B A N K S—C O N D IT IO N O N DECEMBER 31, 1941 B Y CLASSES OF B A N K S
[Amounts in thousands of dollars]
Central reserve city
member banks!
New York
All member All national
member
banks
banks
ASSETS
Loans (including overd rafts)........................................................
United States Government direct obligations..........................
Obligations guaranteed by United States G overnm ent..........
Obligations of States and political subdivisions ....... .............
Obligations of Government corporations and agencies, not
guaranteed by United States ..................................................
Other bonds, notes, and debentures...........................................
Corporate stocks (including Federal Reserve Bank s to ck )..
T o ta l lo a n s a n d in v e s tm e n ts ...................................................
Reserve with Federal Reserve B anks.........................................
Cash in v a u lt..................................................................................
Demand balances with banks in United States (except pri
vate banks and American branches of foreign b an k s)........
Other balances with banks in United S ta te s............................
Balances with banks in foreign countries..................................
Due from own foreign branches...................................................
Cash items in process of collection.............................................
Bank premises owned and furniture and fixtures....................
Other real estate owned.............^..................................................
Investments and other assets indirectly representing bank
premises or other real e s ta te ....................................................
Customers’ liability on acceptances...........................................
Income accrued but not yet collected........................................
Other assets......................................................................................
All State
member
banks
Chicago
Reserve
city
member
banksl
Country
member
banks
18,020,904
15,706,687
3,832,035
3,089,606
11,725,496
9,755,221
2,283,760
2,020,413
6,295,408
5,951,466
1,548,275
1,069,193
4,072,172
5,585,248
1,679,444
728,696
954,288
1,311,338
118,811
182,344
7,104,682
5,293,564
1,172,961
956,473
5,889,762
3,516,537
860,819
1,222,093
557,231
1,921,852
392,244
43,520,559
12,396,344
1,086,752
331,566
1,252,670
201,728
27,570,854
7,399,238
779,420
225,665
669,182
190,516
15,949,705
4,997,106
307,332
217,157
471,271
141,625
12,895,613
5,105,316
93,061
51,340
117,941
23,928
2,759,990
1,020,645
42,727
175,943
504,057
139,748
15,347,428
4,060,488
425,150
112,791
828,583
86,943
12,517,528
2,209,895
525,814
6,147,354
98,519
11,134
4,215
3,382,586
911,213
179,139
4,656,120
74,973
7,582
4,078
2,060,017
588,875
81,692
1,491,234
23,546
3,552
137
1,322,569
322,338
97,447
139,764
1,588
6,485
137
1,290,434
199,920
21,127
294,423
3,797
284
3,153,651
62,613
1,172
204,149
19,013
1,554
2,559,516
30,521
3,193
4,078
1,439,492
324,668
68,043
98,449
72,427
110,586
101,579
54,036
40,112
64,145
51,885
44,413
32,315
46,441
49,694
10,169
43,558
39,927
15,330
718
1,675
8.609
5,440
65,648
23,772
41,830
35,740
21,914
3,422
20,220
45,069
68,120,856
43,433,027
24,687,829
19,862,429
4,363,024
24,429,567
19,465,836
49,230,638
33,061,264
1,709,333
3,065,567
9,713,951
671,186
31,038,022
20,445,710
1,088.443
2,232,5 )9
6,356,435
331,113
18,192,616
12,615,554
620,890
833,058
3,357,516
340,073
17,119,289
11,282,381
866,272
318,656
3,594,756
607,150
3,581,284
2,152,174
127,186
232,766
1,026,999
8,264
17,403,048
11,126,938
490,642
1,143,880
4,302,130
53,509
11,127,017
8,499,771
225,233
1,370,265
790,066
2,263
1,009,337
12,486,751
583,812
8,420,374
425,525
4,066,377
450,074
812,565
33,895
475,820
285,949
4,910,094
239,419
6,288,272
10,513,338
611,226
30.136
723,343
50,473
418,220
132,923
7,092
61,717,389
148,921
7,185,971
463,754
20,337
264,688
36,347
350,626
93,339
5,312
39,458,396
114,088
3,327,367
147,472
9,799
458,655
14,126
67,594
39.584
1,780
22,258,993
34,833
407,729
9,030
1,067
360,202
424,868
25,982
203
24,567
29,015
180
5,342
17,931,854
148.921
200
5,532,436
440,584
18,034
91,038
30,577
145,603
30,000
4,057,104
4,148,305
135,630
10,832
247,536
19,896
243,402
102,743
1,750
22,313,142
17,415,289
4,312'
86,358
37,902
76,373
98,807
64,430
3,778
47,531
23,459
52,594
62,497
30,205
534
38,827
14,443
23,779
36,310
34,225
53,002
17,338
10,908
26,062
25,882
2,060
980
2,534
10,217
1,955
27,800
11,594
39,662
42,820
27,235
4,312
3,496
7,990
23.269
19,708
9,358
T o ta l lia b iliti e s ...............................................................
62,234,492
39,792,548
22,441,944
18,213,967
4,074,850
22,462,253
17,483,422
C A PIT A L A C C O U N TS
Capital (see page 5 ) .........................................................................
Surplus ...............................................................................................
Undivided profits..............................................................................
Reserves for contingencies..............................................................
Other capital accounts.....................................................................
2,362,185
2,394,336
775,145
312,467
42,231
1,511,994
1,386,051
498,624
210,177
33,633
850,191
1,008,285
276,521
102,290
8,598
548,091
840,674
212,908
43,594
3,195
101,600
120,590
29,089
36,658
237
789,581
763,842
259,901
139,338
14,652
922,913
669,230
273,247
92,877
24,147
T o ta l a s s e ts .....................................................................
L IA B ILIT IES
D em and d e p o sits—T o t a l ...........................................................
Individuals, partnerships, and corporations......................
United States Government2 ..................................................
States and political subdivisions.........................................
Banks in United S ta te s..........................................................
Banks in foreign countries....................................................
Certified and officers’ checks, cash letters of credit and
travelers’ checks, etc...........................................................
T im e d e p o sits—T o t a l . . ..............................................................
Individuals, partnerships, and corporations:
Savings deposits...............................................................
Certificates of deposit.......................................................
Christmas savings and similar accounts.....................
Open accounts...................................................................
Postal savings2 ............... .........................................................
States and political subdivisions..........................................
Banks in United S ta te s..........................................................
Banks in foreign countries.....................................................
T o ta l d e p o s i t s ..............................................................................
Due to own foreign branches.................... ...................................
Bills payable, rediscounts, and other liabilities for borrowed
m oney..............................................................................................
Acceptances outstanding.................................................................
Dividends declared but not yet payable........................................
Income colled ed but not yet earn ed ...............................................
Expenses accrued and u n p a id ..........................................................
Other liabilities..................................................................................
448,511
367,612
88,415
T o ta l c a p ita l a c c o u n ts ..................................................
5,886,364
3,640,479
2,245,885
1,648,462
288,174
1,967,314
1,982,414
T o ta l lia b ilitie s a n d c a p ita l a c c o u n ts ....................
68,120,856
43,433,027
24,687,829
19,862,429
4,363,024
24,429,567
19,465,836
Net demand deposits subject to reserve (see page 19).............
Demand deposits-adjusted3.............................................................
Number of banks...............................................................................
39,707,549
33,753,582
6,619
24,325,282
21,202,014
5,117
15,382,267
12,551,568
1,502
15,689,091
10,760,677
36
3,083,912
2,214,686
13
13,405,669
11,117,275
351
7,528,877
9,660,944
6,219
1 See second and third paragraphs on back of title page.
2 United States Treasurer’s time deposits, open account, are combined with postal savings (time) deposits.
3 Demand deposits other than interbank and United States Government, less cash items reported as in process of collection.
5
ALL MEMBER B A N K S-C L A SSIF IC A T IO N OF LOANS, INVESTM ENTS, REAL ESTATE, A N D CAPITAL O N DECEMBER 31, 1941
BY CLASSES OF BA NK S
[In thousands of dollars]
Central reserve city
member banks1
All
member
banks
All
national
member
banks
18, 020,904
11,725,496
6,295,408
4,072,172
2,715,736
8,096
16,195
38
38,802
36,203
411,944
168,594
30
62,482
60,034
31,955
520,041
2,022
711,190
5,515
16,330
1,652
94
2,699
48,120
51,930
323
12,701
8,478
585
92,523
2.148
U n ite d S ta te s G o v e rn m e n t d ir e c t o b lig a tio n s —T o ta l 15,706,687
970,898
Treasury bills........................................................................
3,007,041
Treasury notes......................................................................
1,452,292
Bonds maturing in 5 years or less....................................
3,653,798
Bonds maturing in 5 to 10 years.......................................
5,456,368
Bonds maturing in 10 to 20 years.....................................
1,166,290
Bonds maturing after 20 years..........................................
9,755,221
5,951,466
5,585,248
1,311,338
L oans—T o t a l ...............................................................................
Commercial and industrial loans......................................
Agricultural loans.............. ; ................................................
Commercial paper bought in open m arket.....................
Bills, acceptances, etc. payable in foreign countries...
Acceptances of other banks, payable in United S ta te s ..
Reporting banks’ own acceptances....................................
Loans to brokers and dealers in securities.........................
Other loans for purchasing or carrying securities........
Real estate loans: On farm lan d .......................................
On residential pro p erty ....................
On other properties...........................
Loans to banks......................................................................
All other loans.......................................................................
O verdrafts..............................................................................
063,757
972,321
477,939
6,930
44,888
77,600
594,193
597,684
294,962
396,116
802,831
39,023
642,364
10,296
O b lig a tio n s g u a ra n te e d by U n ite d S ta te s G o v e rn m e n tT o t a l ................................................................................................ 3,832,035
T o ta l a m o u n t m a tu r in g in 5 y e a r s or le s s ....... 2,602,315
1,338,847
Reconstruction Finance Corporation....................................
1,427,822
Home Owners’ Loan C orporation...........................................
499,986
Federal Farm Mortgage C orporation.........._........................
565,380
Other Government corporations and agencies....................
O b lig a tio n s of G o v e rn m e n t c o rp o ra tio n s a n d ag en cies,
n o t g u a ra n te e d by U n ite d S ta te s —T o t a l..........................
T o ta l a m o u n t m a tu r in g in 5 y ea rs or le s s .......
Federal Land B anks........ .........................................................
Federal Interm ediate Credit B anks.............<
.........................
Other Government corporations and agencies....................
557,231
5,176,981
818,172
319,189
5,964
21,016
48,970
253,949
336,202
222,466
1,542,503
479,517
14,641
2,478,136
7,790
675,265
1,886,439
736,185
1,966,265
3,690,358
800,709
2,283,760
1,384,251
612,017
1,034,358
294,890
342,495
331,566
All State
member
banks
2,886,776
154,149
158,750
966
23,872
28,630
340,244
261,482
72,496
853,613
323,314
24,382
1,164,228
2,506
295,633
1,120,602
716,107
1,687,533
1,766,010
365,581
1,548,275
1,218,064
726,830
393,464
205,096
222,885
225,665
New York
310,707
1,622,670
804,147
1,434,799
1,258,371
154,554
1,679,444
1,202,241
703,002
574,309
196,421
205,712
217,157
Chicago
954,288
Reserve
city
member
banks1
Country
member
banks
7,104,682
5,889,762
3,205,791
299,921
205,811
4,071
3,652
36,923
114,416
194,330
79,824
1,086,631
360,842
4,215
1,504,760
3,495
5,293,564
255,855
152,709
60,563
118,908
540,742
182,561
294,668
750,603
359,255
1,277,833
2,233,981
377,224
118,811
1,172,961
114,827
84,219
5,857
1,008
27,727
51,340
112,791
7 0 , 257
183,708
56,865
96,118
64,174
36,171
16,349
18,146
16,845
142,196
42,318
69,031
64,594
O b lig a tio n s of S ta te s a n d p o litic a l su b d iv isio n s—T o ta l.
In default.....................................................................................
W ithout specific m a tu rity ........................................................
M aturing in 5 years or less......................................................
M aturing after 5 years..............................................................
3,089,606
2,020,413
2,457
148,994
1,059,891
809,071
1,069,193
728,696
182,344
956,473
2,872
190,054
1,827,730
1,068,950
303
8,221
579,275
140,897
66,264
78,654
37,426
728
55,304
514,189
386,252
O th e r b o n d s, n o te s, a n d d e b e n tu re s —T o t a l .......................
T o ta l a m o u n t in d e f a u lt
T o ta l a m o u n t m a tu r in g in 5 y e a r s or less
Railroads......................................................................................
Public u tilities............................................................................
Industrials...................................................................................
Other domestic corporations...................................................
Foreign-public and priv ate......................................................
1,921,852
1,252,670
471,271
117,941
38,660
625,572
698,640
421,102
527,938
137,312
136,860
22,789
339,636
458,285
279,102
352,529
73,415
89,339
15,871
285,936
240,355
142,000
175,409
63,897
47,521
9,737
238,571
162,661
57,853
159,679
62,402
28,676
854
60,499
33,159
30,393
41,202
5,107
8,080
14,073
169,277
193,436
102,166
132,228
35,088
41,139
C o rp o ra te sto ck s—T o t a l..............................................................
Federal Reserve B anks.............................................................
Affiliates of reporting banks....................................................
Other domestic banks...............................................................
Other domestic corporations...................................................
Foreign corporations.................................................................
392,244
23,928
139,748
B an k p rem ises, f u r n itu r e a n d fix tu res, a n d o th e r re a l
e s ta te —T o t a l ................................................................................
Bank premises.............................................................................
Furniture and fixtures...............................................................
Farm land (including improvements)..................................
Residential properties...............................................................
Other real properties.................................................................
A ssets in d ire c tly re p re s e n tin g b a n k p rem ises o r o th e r
re a l e s ta te —T o t a l .....................................................................
Investm ents...............................................................................
Other assets...............................................................................
C a p i ta l:
P a r o r face v a lu e —T o t a l .....................................................
Capital notes and debentures........................................
F irst preferred stock........................................................
Second preferred stock.................................................
Common stock...................................................................
Retirable value of: First preferred stock............................
Second preferred stock.........................
1 See second and third paragraphs on back of title page.
201,728
190,516
141,625
86,562
45,928
4,643
64,153
442
55,555
52,246
10,686
71,430
599
41,303
40,801
1,869
57,036
616
1,090,352
670,567
839,503
71,710
12,649
63,736
102,754
6,660
276
9
16,983
860,819
175,943
198,662
56,631
87,976
81,058
142,117
98,174
15,329
135,583
1,041
109,668
481,059
228,327
822,258
1,423,274
451,951
540,690
221,340
354,071
135,844
149,564
233,670
110,840
111,066
109,660
669,182
3,516,537
744,557
330,286
493,585
166,713
182,377
432,332
167,471
199,042
190,718
415
41,060
767,839
259,879
1.431.040
658,789
239,603
1,169
2,340
1,775
19,713
182,830
214,785
1,234,302
373,477
2,268
1.525.040
2,631
504,057
51,939
15,747
45,105
1,222,093
1,841
60.265
655,612
504,375
828,583
13,996
157,225
309,384
230,690
194,829
34,715
58,965
86,943
46,531
51,767
6,253
34,969
228
47,623
5,330
7,198
26,595
197
419,785
305,194
17,144
3,025
38,363
56,059
221,047
20,567
392,711
456,027
534,309
54,566
9,624
25,373
46,695
199,198
722
6
7,486
13,635
18,819
194
49
739
766
295,504
29,164
4,569
19,131
44,343
325,982
41,630
8,025
36,380
44,010
54,036
10,169
718
65,648
21,914
47,413
6,623
44,413
72,816
25,633
2,364,456
1,513,564
850,892
548,091
101,600
789,581
925,184
119,943
2,150
168,184
21,441
98,449
38,512
220,587
17,716
2,087,641
312,077
23,591
25,403
19,010
155,429
12,983
1,345,152
38,512
65,158
4,733
742,489
202,790
14,931
109,287
8,660
8,428
1,741
261
9,011
613
105
1,600
538,819
100,000
22,350
1,600
46,966
18,682
22,584
86,631
2,150
678,216
16,809
5,105
15,667
123,345
15,566
770,606
6
ALL MEMBER B A N K S—C O N D IT IO N O N DECEMBER 31, 1941, BY FEDERAL RESERVE D ISTR IC TS
[Amounts in thousands of dollars]
Federal Reserve district
Total, all
districts
New York
Phila
delphia
Cleveland
Richmond
1,216,610
785,263
111,788
89,587
5,314,754
6,610,276
1,934,759
976,389
1,117,938
844,492
187,557
185,466
1,392,647
1,298,208
254,118
218,425
808,885
597,748
152,647
80,031
773,333
361,591
107,447
181,316
19,608
116,441
22,334
2,361,631
566,214
180,724
239,916
660,699
174,432
15,911,225
5,622,719
188,221
18,460
330,654
33,561
2,718,128
658,126
76,007
34,277
223,637
48,918
3,470,230
913,537
113,061
25,102
55,137
10,042
1,729,592
454,858
74,722
13,440
32,126
9,336
1,478,589
322,573
54,581
333,514
2,422
495
4,078
178,895
64,263
7,822
533,630
6,141
6,834
137
1,425,159
288,910
53,629
404,944
7,603
132
580,393
14,045
118
483,212
6,159
93
493,706
9,716
67
184,238
80,562
47,489
212,882
96,418
17,403
119,118
50,717
8,257
132,673
45,570
9,013
5,107
9,316
5,064
2,869
21,721
44,327
48,464
43,718
10,423
4,611
6,322
9,628
5,228
995
7,741
7,811
5,104
1,826
3,697
4,687
5,196
2,280
3,283
6,167
3,722,414
24,194,835
4,208,213
5,439,862
2,942,042
2,563,414
2,657,810
1,998,726
29,003
157,693
397,239
21,583
19,371,565
12,946,853
939,841
675,759
3,694,183
608,765
2,635,015
1,893,632
55,824
183,885
459,665
6,075
3,359,793
2,526,659
70,542
179,744
527,000
1,372
2,055,522
1,326,276
67,719
154,387
471,834
523
1,910,884
1,068,104
88,139
201,359
529,021
1,807
53,566
633,859
506,164
2,449,303
35,934
1,069,279
54,476
1,460,644
34,783
632,306
22,454
436,998
603,586
12,320
3,345
9,117
2,405
2,528
558
1,938,680
25,286
• 6,298
393,539
6,610
56,852
16,696
5,342
21,820,868
148,921
865,030
73,089
3,795
77,885
4,949
28,271
16,260
1,219,409
63,310
3,372
89,978
1,696
48,045
34,834
562,289
23,043
1,927
20,291
6,270
10,783
7,703
374,065
33,738
806
4,654
5,722
9,985
8,028
3,704,294
4,820,437
2,687,828
2,347,882
Boston
ASSETS
Loans (including overdrafts). ........... ............................................ 18,020,904
United States Government direct obligations............................ 15,706,687
Obligations guaranteed by United States Government............ 3,832,035
Obligations of States and political subdivisions........................
3,089,606
Obligations of Government corporations and agencies, not
guaranteed by United S tates......................................................
557,231
Other bonds, notes, and debentures..............................................
1,921,852
Corporate stocks (including Federal Reserve Bank stock)__
392,244
T o ta l lo a n s a n d in v e s tm e n ts ..................................................... 43,520,559
Reserve with Federal Reserve B an k s........................................... 12,396,344
Cash in v a u lt......................................................................................
1,086,752
Demand balances with banks in United States (except private
banks and American branches of foreign banks)...................
6,147,354
Other balances with banks in United S tates..............................
98,519
Balances with banks in foreign countries....................................
11,134
Due from own foreign branches.....................................................
4,215
Cash items in process of collection...............................................
3,382,586
Bank premises owned and furniture and fixtures......................
911,213
Other real estate owned...............................................................
179,139
Investments and other assets indirectly representing bank
premises or other real e sta te .......................................................
98,449
Customers’ liability on acceptances..............................................
72,427
Income accrued but not yet collected..........................................
110,586
Other asse ts........................................................................................
101,579
T o ta l a s s e ts ........................................................................
68,120,856
LIA B IL IT IE S
D e m an d d e p o sits —T o t a l ............................ .............................. 49,230,638
Individuals partnerships and corporations........................ 33,061,264
United States Government1. . ..................................................
1,709,333
States and political subdivisions............................................
3,065,567
Banks in United S ta te s............................................................
9,713,951
Banks in foreign countries.......................................................
671,186
Certified and officers’ checks, cash letters of credit and
travelers’ checks, etc.............................................................
1,009,337
T im e d e p o sits—T o t a l . ................................ .............................. 12,486,751
Individuals, partnerships, and corporations:
Savings deposits.................................................................. 10,513,338
Certificates of deposit........................................................
611,226
Christmas savings and similar accounts.......................
30,136
Open accounts.....................................................................
723,343
Postal savings1........................................................................
50,473
States and political subdivisions............................................
418,220
Banks in United S tates.............................................................
132,923
Banks in foreign countries.......................................................
7,092
T o ta l d e p o s its .................................................................................. 61,717,389
Due to own foreign branches..........................................................
148,921
Bills payable, rediscounts, and other liabilities for borrowed
m oney...................... ; .......................................................................
4,312
Acceptances outstanding..................................................................
86,358
Dividends declared b u t not yet p ay ab le.....................................
37,902
Income collected b u t not yet earned............................................
76,373
Expenses accrued and unpaid.........................................................
98,807
Other liabilities..................................................................................
64,430
3,291,669
Atlanta
770
10,296
3,764
5,454
5,980
3,636
960
53,772
18,322
18,944
30,016
27,991
859
6,122
2,975
4,552
5,091
2,687
286
998
1,598
3,280
11,439
8,310
200
1,845
1,822
2,877
3,370
1,967
14
2,710
1,716
4,429
2,592
2,198
T o ta l lia b ilitie s ................................................................
62,234,492
3,321,569
22,119,794
3,726,580
4,846,348
2,699,909
2,361,541
CAPITAL ACCOUNTS
Capital (see page 8 )..........................................................................
Surplus.................................................................................................
Undivided profits...............................................................................
Reserves for contingencies...............................................................
Other capital accounts.....................................................................
2,362,185
2,394,336
775,145
312,467
42,231
153,356
159,845
57,369
28,894
1,381
764,649
973,235
264,013
63,119
10,025
183,234
210,764
61,556
22,059
4,020
224,601
266,860
58,058
39,790
'4,205
105,277
86,177
35,703
13,334
1,642
96,152
67,039
25,619
10,018
3,045
T o ta l c a p ita l a c c o u n ts ..................................................
5,886,364
400,845
2,075,041
481,633
593,514
242,133
201,873
T o ta l lia b ilitie s a n d c a p ita l a c c o u n ts ....................
68,120,856
3,722,414
24,194,835
4,208,213
5,439,862
2,942,042
2,563,414
N et demand deposits subject to reserve (see page 19).............
Demand deposits—adjusted2...........................................................
Number of banks...............................................................................
39,707,549
33,753,582
6,619
2,146,022
2,031,090
347
17,412,862
12,703,617
797
2,046,799
1,929,213
659
2,566,846
2,547,997
673
1,453,281
1,396,328
447
1,284,565
1,159,244
317
1 United States Treasurer’s time deposits, open account, are combined with postal savings (time) deposits.
2 Demand deposits other than interbank and United States Government, less cash items reported as in process of collection.
7
ALL MEMBER B A N K S—C O N D IT IO N O N DECEMBER 31, 1941, B Y FEDERAL RESERVE D ISTR IC T S
[Amounts in thousands of dollars]
Federal Reserve district
Chicago
A SSETS
Loans (including overdrafts)................................................................................
United States Government direct obligations..................................................
Obligations guaranteed by United States G overnment...................................
Obligations of States and political subdivisions..............................................
Obligations of Government corporations and agencies, not guaranteed by
United S tates.........................................................................................................
Other bonds, notes, and debentures.....................................................................
Corporate stocks (including Federal Reserve Bank stock)............................
T o ta l lo a n s a n d in v e s tm e n ts .............................................................................
Reserve with Federal Reserve B anks...................................................................
Cash in v a u lt.......... _
................. _........; ......................................._............................
Demand balances with banks in United States (except private banks and
American branches of foreign banks)...............................................................
Other balances with banks in United S tates......................................................
Balances with banks in foreign countries...........................................................
Due from own foreign branches...........................................................................
Cash items in process of collection.......................................................................
Bank premises owned and furniture and fixtures..............................................
Other real estate owned............ ...; ......................................................... #...........
Investments and other assets indirectly representing bank premises or
other real e sta te ....................................................................................................
Customers’ liability on acceptances.....................................................................
Income accured but not yet collected.................................................................
Other assets................................................................................................................
T o ta l a s s e ts ...............................................................................................
L IA B IL IT IE S
D em an d d e p o sits—T o t a l.....................................................................................
Individuals, partnerships, and corporations...............................................
United States Government1............................................................................
States and political subdivisions.................................................................
Banks in United S tates..................................................................................
Banks in foreign countries...........................................................................
Certified and officers’ checks, cash letters of credit and travelers’
checks, etc ......................................................................................................
T im e d e p o sits —T o t a l— ............................. ......................................................
Individuals, partnerships, and corporations:
Savings deposits.........................................................................................
Certificates of deposit.............................................................................
Christmas savings and similar accounts.............................................
Open accounts...........................................................................................
Postal savings1..................................................................................................
States and political subdivisions..................................................................
Banks in United S tates..................................................................................
Banks in foreign countries.............................................................................
T o ta l d e p o s i t s . ......................................................................................................
Due to own foreign branches................ ...............................................................
Bills payable, rediscounts, and other liabilities for borrowed money........
Acceptances outstanding.......................................................................................
Dividends declared b u t not yet payable...........................................................
Income collected but not yet earned..................................................................
Expenses accrued and u n paid..............................................................................
Other liabilities........................................................................................................
St. Louis
Minne
apolis
Kansas
City
Dallas
San
Francisco
2,242,958
2,434,303
462,524
479,759
740,540
424,044
113,618
118,817
504,748
284,793
61,199
68,748
793,991
291,863
112,464
157,386
663,215
303,804
65,885
136,231
2,451,285
1,470,302
268,029
397,451
114,204
276,872
35,955
6,046,575
1,748,323
168,342
26,393
55,624
19,872
1,498,908
363,012
37,721
6,813
34,777
3,282
964,360
178,002
22,691
13,628
35,013
9,643
1,413,988
343,747
33,523
6,664
13,487
6,340
1,195,626
306,253
40,047
38,726
87,385
18,529
4,731,707
918,980
97,112
1,122,171
12,231
741
402.955
1,184
26
206,577
5,395
240
498,418
8,838
234
557,258
3,482
371
530,576
21,303
1,783
425,418
78,352
6,134
113,919
25,983
7,654
57,263
16,829
204
119,418
27,850
599
89,721
38,347
4,382
323,882
97,412
16,553
5,757
1,767
15,666
10,987
893
640
2,492
2,381
5,334
117
2,918
2,828
907
156
2,233
2,195
3,969
1,318
701
2,039
28,810
5,074
12,005
6,269
9,642,464
2,457,768
1,462,758
2,452,106
2,243,514
6,791,466
6,890,426
4,600,193
186,974
553,517
1,448,098
9,719
1,831,807
1,070,719
37,645
130,202
577,626
277
960,752
611,203
3,317
114,590
215,251
1,296
1,932,405
1,090,565
38,279
207,477
562,397
197
1,816,572
1,150,656
56,524
157,073
394,169
1,454
3,808,087
2,777,678
135,526
349,881
437,468
18,118
91,925
2,036,390
15,338
433,320
15,095
365,255
33,490
309,323
56,696
235,198
89,416
2,424,876
1,838,150
120,986
3,115
36,568
5,447
21,152.
10,972
345,539
64,999
584
3,831
3,376
12,900
2,091
288,892
57,498
334
8,399
1,764
5,135
3,233
234,561
52,163
558
8,782
2,489
4,141
6,629
182,740
22,523
323
6,968
1,323
20,293
1,028
8,926,816
2,265,127
1,326,007
2,241,728
2,051,770
2,060,397
62,271
5,679
63,331
8,422
198,135
24,891
1,750
6,232,963
19
2,151
2,731
9,871
16,006
4,233
664
1,157
2,431
2,614
774
60
117
147
4,424
3,002
2,678
1,026
156
783
1,484
2,670
174
118
1,318
1,158
923
3,393
918
6,209
1,729
17,704
12,634
8,864
T o ta l lia b ilitie s ......................................................................................
8,961,827
2,272,767
1,336,435
2,248,021
2,059,598
6,280,103
CAPITAL ACCOUNTS
Capital (see page 9 )................................................................................................
Surplus.......................................................................................................................
Undivided profits.......... .........................................................................................
Reserves for contingencies....................................................................................
Other capital accounts...........................................................................................
285,792
237,800
83,909
67,277
5,859
90,182
57,426
30,404
5,229
1,760
59,252
41,448
19,127
6,019
477
89,500
64,426
38,053
10,992
1,114
83,302
62,808
28,983
6,580
2,243
226,888
166,508
72,351
39,156
6,460
T o ta l c a p ita l a c c o u n ts ........................................................................
680,637
185,001
126,323
204,085
183,916
511,363
T o ta l lia b ilitie s a n d c a p ita l a c c o u n ts ..........................................
9,642,464
2,457,768
1,462,758
2,452,106
2,243,514
6,791,466
N et demand deposits subject to reserve (see page 19)...................................
Demand deposits-adjusted2...................................................................................
Number of banks.....................................................................................................
5,346,073
4,820,217
899
1,314,933
1,102,340
437
697,047
683,625
452
1,314,611
1,212,114
741
1,169,593
1,274,704
573
2,954,917
2,893,093
277
1 United States Treasurer’s time deposits, open account, are combined with postal savings (time) deposits.
2 Demand deposits other than interbank and United States Government, less cash items reported as in process of collection.
ALL MEMBER B A N K S-C L A SSIF IC A T IO N OF LOANS, INVESTM ENTS, REAL ESTATE, A N D C A PITAL O N DECEMBER 31, 1941
BY FEDERAL RESERVE DISTR IC TS
[In thousands of dollars]
Federal Reserve district
T otal, all
districts
Boston
New York
Phila
delphia
Cleveland
Richmond
A tlanta
L oans—T o ta l...................... ......................................................
Commercial and industrial loans........................................
A gricultural loans..................................................................
Commercial paper bought in open m arket.......................
Bills, acceptances, etc. payable in foreign countries —
Acceptances of other banks, payable in United States..
Reporting banks’ own acceptances— .............................
Loans to brokers and dealers in securities.......................
Other loans for purchasing or carrying securities..........
Real estate loans: On farm lan d ........................................
On residential property......................
On other properties.............................
Loans to banks........................................................................
All other loans........................................................................
O verdrafts................................................................................
,020,904
,063,757
972,321
477,939
6,930
44,888
77,600
594,193
597,684
294,962
,396,116
802,831
39,023
,642,364
10,296
1,216,610
546,667
7,599
130,975
661
2,319
15,017
26,564
29,750
4,762
133,452
61,783
901
256,037
123
5,314,754
3,060,086
30,895
55,538
38
38,816
36,271
417,915
240,956
13,618
374,237
149,973
32,043
862,189
2,179
1,117,938
411,425
19,437
56,048
64
534
4,769
29,133
54,117
21,350
177,396
78,245
768
264,576
76
1,392,647
514,313
29,222
35,827
808,885
280,251
21,898
24,473
40
2,423
18,841
43,996
34,299
293,625
79,686
681
339,554
140
6,010
24.948
22,209
124,501
55.948
257
248,103
227
773,333
341,938
45,654
9,578
1,691
676
1,416
9,035
19,018
12,338
45,184
35,533
2,257
248,282
733
U nited States G overnm ent direct o b ligation s—T otal
Treasury bills..........................................................................
Treasury notes........................................................................
Bonds maturing in 5 years or less......................................
Bonds maturing in 5 to 10 years........................................
Bonds maturing in 10 to 20 years......................................
Bonds maturing after 20 years...........................................
15,706,687
970,898
3,007.041
1,452,292
3,653,798
5,456,368
1,166,290
785,263
60,138
83,705
51,650
153,087
353,310
83,373
6,610,276
331,830
1,758,211
862,655
1,657,818
1,673,926
325,836
844,492
22,887
66,908
42,938
149,496
448,785
113,478
1,298,208
26,135
242,278
105,336
387,146
449,797
87,516
597,748
14,952
111,454
52,774
175,999
206,631
35,938
361,591
32,422
73,003
28,525
94,503
99,482
33,656
O bligations guaranteed by U nited S tates G overnm entT otal ..............................................................................................
T o ta l a m o u n t m a tu r in g in 5 y e a r s or less ...
Reconstruction Finance Corporation..................................
Home Owners’ Loan Corporation.........................................
Federal Farm Mortage C orporation....................................
Other Government corporations and agencies..................
3,832,035
2,602,315
1,338,847
1,427,822
499,986
565,380
111,788
88,089
45,638
30,327
11,344
24,479
1,934,759
1,376,304
783,605
675,139
231,065
244,950
187,557
105,617
42,205
108,390
14,951
22,011
254,118
180,851
99,147
87,805
25,989
41,177
152,647
108,654
26,904
86,524
20,884
18,335
107,447
71,870
32,393
44,828
12,743
17,483
O bligations of G overnm ent corporations and agencies,
n o t guaranteed by U n ited S ta tes—T o ta l..........................
T o ta l a m o u n t m a tu r in g in 5 y ea rs o r le s s .......
Federal Land B anks..................................................................
Federal Interm ediate Credit B a n k s .......... ..........................
Other Government corporations and agencies....................
557,231
432,332
167,471
199,042
190,718
19,608
16,087
4,355
10,393
4,860
239,916
202,125
62,153
100,050
77,713
18,460
14,138
6,560
3.625
8,275
34,277
22,041
14,903
5,698
13,676
25,102
20,078
6,289
5,237
13,576
13,440
10,810
3,266
4,589
5,585
O b ligation s of S ta tes and p o litic a l subdivision s—T otal
In d e fa u lt..................................................................................
Without specific m atu rity ........................................................
Maturing in 5 years or less......................................................
Maturing after 5 years..............................................................
3,089,606
2,872
190,054
1,827,730
1,068,950
89,587
135
607
72,431
16,414
976,389
352
10,218
737,542
228,277
185,466
149
96
89,301
95,920
218,425
448
862
132,772
84,343
80,031
18
309
43,256
36,448
181,316
297
5.293
87,034
88,692
O ther bonds, no tes, and debentures—T o ta l................
T o ta l a m o u n t in d e fa u lt
T o ta l a m o u n t m a tu r in g in 5 y ea rs o r less.
Railroads ............................................................................
Public utilities....................................................................
Industrials....................... ....................................................
Other domestic corporations............................................
Foreign-public and p riv ate..............................................
1,921,852
38,660
625,572
698,640
421,102
527,938
137,312
136,860
116,441
3,593
28,764
41,908
38,635
18,739
5,534
11,625
660,699
15,249
277,815
241,405
107,116
202,011
69,882
40,285
330,654
6,134
55,852
137,085
85,786
71,950
6,744
29,089
223,637
4,199
55,505
74,876
53,519
73,947
8,039
13,256
55,137
1,912
11,045
20,291
13,743
14,020
4,670
2,413
32,126
973
10,294
11,649
4,551
9,112
5.293
1,521
Corporate stocks—T o ta l......................................................
Federal Reserve B anks......................................................
Affiliates of reporting banks............................................
Other domestic banks........................................................
Other domestic corporations............................................
Foreign corporations..........................................................
392,244
142,117
98,174
15,329
135,583
1,041
22,334
9,395
2,454
3,312
7,111
62
174,432
51,782
42,119
5,817
73,891
823
33,561
11,924
4,867
3.626
13,128
16
48,918
14,628
20,431
1,089
12,705
65
10,042
5,711
819
389
3,121
2
9,336
4,876
1,500
274
2,685
1
B ank prem ises, fu rn iture and fixtures, and oth er real
e sta te—T o ta l...........................................................................
Bank premises ......................................................................
Furniture and fixtures.........................................................
Farm land (including improvements)..............................
Residential properties.........................................................
Other real properties...........................................................
1,090,352
839,503
71,710
12,649
63,736
102,754
72,085
60,320
3,943
114
2,410
5,298
342,539
281,001
7,909
761
22,395
30,473
128,051
70,801
9,761
1,297
20,231
25,961
113,821
90,272
6,146
587
6,835
9,981
58,974
45,847
4,870
916
1,906
5,435
54,583
40,998
4,572
1,777
1,338
5,898
A ssets ind irectly representing bank prem ises or other
real estate—T o ta l.......................................................................
Investm ents.................................................................................
Other assets.................................................................................
98,449
72,816
25,633
5,107
4,427
680
21,721
14,678
7,043
10,423
4,259
6,164
5,228
2,393
2,835
5,104
3,915
1,189
5,196
3,697
1,499
2,364,456
38,512
220,587
17,716
2,087,641
153,370
766,182
10,115
55,705
7,087
693,275
183,428
10,846
2,722
139,802
19,326
2,712
161,390
224,601
16,885
18,704
1,032
187,980
105,277
2,242
8,915
147
93,973
96,152
458
15,147
9o0
79,647
312,077
23,591
12,266
4,077
102,840
10,921
27,894
3,388
22,443
1,032
9,487
147
16,550
900
C a p ita l:
Par or face value—T o ta l..............
Capital notes and debentures..
First preferred stock................
Second preferred stock.............
Common stock............................
Retirable value of: First preferred stock__
Second preferred stock.
60
9
ALL MEMBER B A N K S-C L A SSIF IC A T IO N OF LOANS, INVESTM ENTS, REAL ESTATE, A N D CAPITAL O N DECEMBER 31, 1941,
BY FEDERAL RESERVE D ISTRICTS
[In thousands of dollars]_____________________________________
Federal Reserve district
Chicago
St. Louis
Minne
apolis
Kansas
City
Dallas
San
Francisco
51
4,245
14,803
20,038
41,753
19,339
398
144,350
295
663,215
297,943
127,905
3,685
55
527
206
8,821
19,410
9,847
26,544
17,865
292
148,972
1,143
2,451,285
746,739
153,150
14,085
2,615
1,756
14,583
12,783
45,874
80,960
739,700
178,900
12
457,750
2,378
284,793
16,940
30,967
30,043
100,304
85,978
20,561
291,863
24,969
61,945
21,655
66,393
103,616
13,285
303,804
39,013
56,889
6,949
43,484
128,910
28,559
1,470,302
101,377
111,092
66,317
330,07>
735,912
125,532
113,618
73,604
27,721
43,552
23,510
18,835
61,199
41,283
19,104
19,947
11,346
10,802
112,464
84,911
37,132
28,481
13,878
32,973
65,885
33,907
16,776
31,089
6,368
11,652
268,029
114,748
41,964
136,128
51,638
38,299
114,204
87,455
30,355
43,523
40,326
26,393
16,445
12,357
3,312
10,724
6,813
4,521
2,403
1,600
2,810
13,628
8,246
7,591
3,439
2,598
6,664
4,219
2,655
1,897
2,112
38,726
26,167
14,584
15,679
8,463
O b lig a tio n s of S ta te s a n d p o litic a l su b d iv isio n s—T o ta l
In default.......................#....................................................................................
W ithout specific m atu rity ................................................................................
M aturing in 5 years or less..............................................................................
M aturing after 5 years......................................................................................
479,759
202
76,557
259,038
143,962
118,817
220
4,779
67,620
46,198
68,748
40
5,518
37,489
25,701
157,386
89
9,445
90,999
56,853
136,231
332
32,583
60,409
42,907
397,451
590
43,787
149,839
203,235
O th e r b o n d s, n o te s, a n d d e b e n tu re s —T o t a l...............................................
T o ta l a m o u n t in d e f a u l t ..................................................................
T o ta l a m o u n t m a tu r in g in 5 y ea rs or le s s ........ ...................
Railroads. . . ; .......................................................................................................
Public u tilities....................................................................................................
Industrials...........................................................................................................
Other domestic corporations...........................................................................
Foreign—public and p rivate............................................................................
276,872
2,444
108,899
86,770
68,881
84,397
16,647
20,177
55,624
1,243
13,983
15,631
14,874
15,639
6,716
2,764
34,777
366
12,432
14,835
5,565
7,628
3,342
3,407
35,013
722
18,107
18,222
5,231
7,652
1,163
2,745
13,487
262
3,295
2,711
3,076
5,367
1,952
381
87,385
1,563
29,581
33,257
20,125
17,476
7,330
9,197
C o rp o ra te sto ck s—T o t a l......................................................................................
Federal Reserve B ank.......................................................................................
Affiliates of reporting banks............................................................................
Other domestic banks........................................................................................
Other domestic corporations...........................................................................
Foreign corporations.........................................................................................
35,955
15,612
2,387
101
17,855
19,872
4,406
14,631
63
772
3,282
3,000
65
14
203
9,643
4,602
4,545
235
261
6,340
4,359
1,151
51
779
18,529
11,822
3,205
358
3,072
72
B an k p rem ises, f u r n itu r e a n d fix tu res, a n d o th e r re a l e s ta te —T o ta l .
Bank premises.....................................................................................................
Furniture and fixtures......................................................................................
Farm land (including improvements)...........................................................
Residential properties.......................................................................................
Other real properties.........................................................................................
84,486
72,256
6,096
1,111
1,986
3,037
33,637
22,749
3,234
642
799
6,213
17,033
15,355
1,474
94
23
87
28,449
25,694
2,156
312
79
208
42,729
34,194
4,153
761
588
3,033
113,965
80,016
17,396
4,277
5,146
7,130
A ssets in d ire c tly re p re s e n tin g b a n k prem ises o r o th e r re a l e s ta te —
T o t a l ........................................................................................................................
Investm ents.........................................................................................................
Other assets.........................................................................................................
5,757
3,767
1,990
893
683
210
5,334
5,302
32
907
867
40
3,969
3,629
340
28,810
25,199
3,611
C a p ita l:
P a r o r face v alu e—T o t a l..............................................................................
Capital notes and debentures..................................................................
F irst preferred stock..................................................................................
Second preferred stock..............................................................................
Common Stock............................................................................................
285,959
6,252
29,789
1,395
248,523
90,545
1,485
6,379
1,123
81,558
59,252
185
3,619
293
55,155
89,500
225
5,460
277
83,538
83,302
242
7,326
6
75,728
226,888
423
39,371
22
187,072
Retirable value of: First preferred stock....................................................
Second preferred stock.................................................
29,890
1,395
6,504
1,133
3,619
293
5,460
277
7,943
6
67,181
22
L o a n s—T o t a l........................#
...................................................................................
Commercial and industrial loans...................................................................
Agricultural loans..............................................................................................
Commercial paper bought in open m ark et............ .....................................
Bills, acceptances, etc. payable in foreign countries................................
Acceptances of other banks, payable in United S tates............................
Reporting banks’ own acceptances— .........................................................
Loans to brokers and dealers in securities.. ......................................
Other loans for purchasing or carrying securities......................................
Real estate loans: On farm lan d ....................................................................
On residential property.................................................
On other properties........................................................
Loans to banks...................................................................................................
All other loans....................................................................................................
Overdrafts............................................................................................................
2,242,958
1,114,297
110,715
70,239
1,652
94
2,859
53,500
76,825
48,368
311,243
78,786
866
371,009
2,505
740,540
328,590
67,892
33,132
151
66
5
5,868
16,682
16,586
81,142
36,714
414
153,042
256
504,748
157,139
105,457
12,509
793,991
264,369
252,497
31,850
3
1,478
11,305
10,587
47,339
10,059
134
148,500
241
U n ite d S ta te s G o v e rn m e n t d ire c t o b lig a tio n s —T o t a l.............................
Treasury bills......................................................................................................
Treasury notes....................................................................................................
Bonds maturing in 5 years or less.................................................................
Bonds maturing in 5 to 10 years....................................................................
Bonds maturing in 10 to 20 years..................................................................
Bonds m aturing after 20 years.......................................................................
2,434,303
277,983
348,082
144,888
406,665
989,896
266,789
424,044
22,252
62,507
38,562
88,831
180,125
31,767
O b lig a tio n s g u a ra n te e d by U n ite d S ta te s G o v ern m en t—T o ta l
T o ta l a m o u n t m a tu r in g in 5 y ea rs or le s s ............................
Reconstruction Finance C orporation............................................................
Home Owners’ Loan C orporation..................................................................
Federal Farm Mortgage Corporation............................................................
Other Government corporations and agencies.......... .................................
462,524
322,477
166,258
135,612
76,270
84,384
O b lig a tio n s of G o v e rn m e n t c o rp o ra tio n s a n d a g en c ie s, n o t g u a r a n
te e d by U n ite d S ta te s —T o t a l........................................................................
T o ta l a m o u n t m a tu r in g in 5 y ea rs or l e s s .............................
Federal Land B anks........... ..............................................................................
Federal Interm ediate Credit B anks..............................................................
Other Government corporations and agencies............................................
10
ALL MEMBER B A N K S—C O N D IT IO N O N DECEMBER 31, 1941, OF B A N K S IN EACH CENTRAL
A ssets [In th ousan ds of dollars]
Federal Reserve district
numbers, and
reserve cities
Number
of
banks
Loans
( including
over
drafts)
Obliga
Obliga
U. S. Gov
tions
tions of
ernment guaran States and
direct ob teed by
political
ligations U. S. Gov subdivi
ernment
sions
A ll m ember b a n k s...........
6,619
18,020,904 15,706,687 3,832,035 3,089,606
Reserve bank c itie s1.................
1. B oston......................................
2. New York2..............................
3. Philadelphia............................
4. Cleveland.................................
5. Richm ond................................
6. A tlan ta.....................................
7. Chicago2 ..................................
8. St. Louis..................................
9. M inneapolis............................
10. Kansas C ity ............................
11. D allas.......................................
12. San Francisco.........................
174
11
42
24
4
6
3
46
11
4
10
6
7
8,804,719 9,270,765 2,267,704 1,411,055
601,646
312,079
42,096
17,432
4,096,267 5,607,603 1,682,151
730,746
491,582
433,659
97,861
96,693
328,416
224,846
70,560
11,851
70,611
41,924
13,574
10,086
105,578
36,013
18,712
15,269
1,074,731 1,384,937 133,494
204,559
227,826
216,676
41,008
27,487
139,209
98,680
16,771
12,238
179,212
48,906
35,863
29,138
160,805
57,695
4,463
4,508
1,328,836
807,747 111,151
251,1)48
Reserve branch cities1.............
C incinnati...............................
P ittsb u rg h ...............................
B altim ore.................................
C harlotte.................................
Birmingham............................
Jacksonville............................
N ashville.................................
New O rleans...........................
D e tro it.....................................
Little R ock.............................
Louisville................................
M emphis..................................
H elena......................................
Denver.....................................
Oklahoma C ity ......................
O maha......................................
El Paso....................................
H ouston...................................
San antonio.............................
Los Angeles.............................
Portland...................................
Salt Lake C ity.......................
Seattle......................................
132
5
10
12
10
3
2
3
4
5
6
4
6
3
2
7
5
6
2
11
7
6
2
6
5
2,443,482 2,247,848
119,947
80,875
164,310
128,318
259,590
537,564
86,268
204,316
39,063
34,004
41,135
26,732
48,591
29,219
66,998
12,024
102,245
76,528
243,759
322,974
20,395
8,633
93,359
42,809
104,568
23,257
5,753
5,837
72,746
36,617
41,554
12,839
61,321
24,035
17,056
9,808
84,667
89,107
27,854
24,090
430,312
281,670
110,042
111,038
30,131
21,006
171,818
104,548
O ther Reserve c itie s1...............
4. Columbus................................
4. Toledo......................................
5. W ashington.............................
6. Savannah.................................
7. Cedar R apids.........................
7. Des M oines.............................
7. D u b u q u e................................
7. Grand R apids.........................
7. Indianapolis............................
7. Milwaukee...............................
7. Peoria.......................................
7. Sioux C ity ...............................
9. St. Paul.. ................................
10. Kansas City, K ans................
10. Lincoln.....................................
10. Pueblo......................................
10. St. Joseph...............................
10. Topeka.....................................
10. T ulsa........................................
10. W ichita....................................
11. Fort W orth.............................
11. Galveston................................
11. W aco.........................................
12. Ogden.......................................
12. Spokane...................................
94
3
4
17
4
1
3
2
2
4
7
3
4
3
2
3
1
4
4
4
4
3
4
3
2
3
C ountry banks, by d is tr ic ts ..
1. B oston......................................
2. New Y ork................................
3. Philadelphia............................
4. Cleveland................................
5. Richmond................................
6. A tlan ta.....................................
7. Chicago....................................
8. St. Louis..................................
9. M inneapolis............................
10. Kansas C ity ............................
11. D allas.......................................
12. San Francisco.........................
6,219
336
750
635
640
411
296
821
413
443
691
537
246
4.
4.
5.
5.
6.
6.
6.
6.
7.
8.
8.
8.
9.
10.
10.
10.
11.
11.
11.
12.
12.
12.
12.
882,941
44,794
38,045
133,518
77,061
11,152
42,516
2,078
15,823
54,372
95,395
13,903
14,010
86,636
11,860
17,459
1,039
12,331
9,430
52,903
34,653
57,927
11,416
8,637
15,495
20,488
671,537
33,990
58,918
109,633
16,699
1,147
15,644
6,951
21,501
105,976
123,214
21,092
3,474
42,438
3,959
14,032
4,262
7,293
5,934
23,766
11,945
12,886
9,828
4,097
3,628
9,230
5,889,762 3,516,537
614,964
473,184
1,098,540
921,798
626,356
410,833
557,492
314,572
479,425
207,871
331,725
164,376
675,219
427,393
294,392
132,669
273,150
137,838
299,483
98,275
294,853
96,293
344,163
131,435
1 See second and third paragraphs on back of title page.
Obliga
tions of
Corporate T otal
Other
Govern
t stocks
bonds, (including loans
ment
and
agencies, notes and
F. R.
deben
in v e st
not guar
Bank
tures
m ents
anteed by
stock)
U .S .
Reserve
with
Federal
Reserve
Banks
Cash in
vault
557,231 1,921,852
392,244 43,520,559 12,396,344 1,086,752
337,743
7,763
217,368
3,055
5,867
3,668
2,274
53,076
11,693
660
3,921
557
27,841
849,657
14,907
472,547
123,952
20,403
6,337
3,431
128,698
14,171
6,043
12,519
2,178
44,471
233,553 23,175,196 8,057,072
11,131 1,007,054
315,383
142,102 12,948,784 5,116,919
18,722 1,265,524
433,387
2,632
664,575
196,646
759
146,959
48,282
844
182,121
41,720
24,580 3,004,075 1,087,831
15,544
554,405
164,090
724
274,325
60,070
5,474
315,033
84,591
1,500
231,706
64,367
9,541 2,580,635
443,786
84,381
187,261
12 169
14* 829
65,257
7,189
95
3,913
2,406
3,288
3,156
20,841
590
7,080
1,483
355
7,534
631
3,197
12
4,970
1,039
19,227
4,568
971
2,461
61,743
8 161
3! 572
32,364
1,594
180
694
365
2,759
800
1,939
96
619
474
40
430
344
324
70
814
258
4,323
510
299
714
5,888,839 1,605,663
275 188
50 444
347*667
74^ 915
339,665
981,854
352,711
102,527
85,035
24,978
20,284
90,595
100,244
22,718
20,575
106,323
221,041
65,465
795,012
211,137
43,046
12,814
164,355
44,436
160,930
38,590
14,536
4,389
137,601
52,453
77,925
26,213
108,686
27,097
29 867
6 566
209^948
65*578
70,475
18,598
870,051
229,095
263,016
52,522
66,115
20,442
74,162
316,618
10,005
855
344
1,950
295
69
194
31
147
2,030
1,389
*178
65
474
42
101
89
80
67
333
144
235
133
49
72
639
1,938,996
124,017
118,583
289,090
108,107
28,168
77’935
12,784
48,676
198,628
276,640
42*792
21,850
141,515
18,366
35,675
6*402
23,100
23,095
92,525
61,698
87,045
26,527
16,047
23,628
36,103
533,309
40 145
14,821
46,328
46,375
6,491
3,221
9,095
5,693
19,086
135,500
6,318
. 12,719
12,192
1,761
10,157
5,209
6,721
516
18,231
9,813
77,039
22,760
6,855
16,263
330,815
13,891
20,782
30,306
5,681
4,365
14,470
8,974
12,526
18,240
26,728
6,590
3,560
15,770
736
9,096
17,121
10,588
2,405
11,434
5,996
55,743
13,218
6,478
16,117
170,203
16,008
18,469
24,472
4,454
4,128
9,313
1,121
1,613
14,952
24,552
2,238
3,083
4,943
1,234
1,409
678
1,576
3,273
6,238
11,813
6,681
1,226
1,478
3,026
2,225
125,643
23,521
1,798
2,105
6,209
11,347
5,958
1,573
7,066
13,002
14,162
2,813
662
1,741
789
1,303
136
843
4,357
8,233
2,294
8,213
2,677
1,456
652
2,733
22,316
1,451
156
8,006
1,414
10
224
2
639
826
920
479
147
150
245
56,351
3,398
853
9,406
1,975
325
1,611
732
2,423
7,072
17,928
1^904
443
3,087
132
1,371
' 188
753
32
413
23
183
768
183
605
543
860,819 1,222,093
69,692
72,155
231,752
212,463
88,773
89,696
87,932
130,167
61,735
57,794
47,186
105,628
132,530
191,889
41,381
65,410
37,724
54,033
28,293
73,488
99,542
23,477
28,710
51,462
112,791
11,845
22,548
15,405
15,323
11,303
3,707
12,756
6,881
3,903
3,908
2,411
2,801
828,583
101,534
175,983
206,702
118,897
32,110
13,957
94,895
32,300
25,292
8,220
4,154
14,539
1,035
10,445
1,288
837
430
1,594
3,035
986
43,271
424
4,209
3,186
54
1,021
227
2,500
725
1,425
1,737
880
375
4,697
2,699
298
103
1,224
664
113
2,196
350
368,059
122,026
95,154
22,117
15,310
2,332
2,377
53,269
5,907
3,845
4,185
2,460
39,077
129,171
U Oio
,
10,109
12,642
11,758
825
1,893
2,096
2,420
3,598
24,257
679
3,590
3,410
110
3,927
703
1,595
747
4,347
1,746
15,257
6,004
859
10,081
523,714
38,184
33,265
119,879
20,327
5,981
16* 314
2,393
8,002
50,863
69,475
10)520
5,154
31,351
3,678
8 341
2*447
4,976
6,401
22,185
15,777
24,614
6,512
4,240
4,992
7,843
63,708
5,068
5,678
13,758
3,019
708
2,247
490
2,004
8,326
7 155
l] 543
813
1,924
188
587
412
655
465
1,796
1,116
2,196
936
697
733
1,194
86,943 12,517,528 2,209,895
11,203 1,354,577
250,831
24,169 2,687,253
455,356
14,839 1,452,604
224,739
9,151 1,233,534
230,862
5,559
855,797
159,192
3,579
131,484
670,158
5,333 1,540,015
280,653
3,139
576,172
103,082
2,044
533,984
82,192
2,215
513,882
89,588
3,281
524,011
115,778
2,431
575,541
86,138
525,814
58,698
86,549
53,890
64,254
46,049
39,178
67,530
24,135
16,812
17,894
26,918
23,907
2 Includes both central reserve city and reserve city banks.
11
RESERVE A N D RESERVE C IT Y 1 A N D OF C O U N T R Y BANK S IN EACH FEDERAL RESERVE D ISTR IC T
A ssets [In th ousan ds of dollars]
Demand
balances
Other
with banks balances
in U .S.
with^
(except
banks in
private
U .S.
banks,
etc.)
6,147,354
1,395,238
90,275
143,836
174,564
90,740
31,766
30,824
368,606
92,545
36,345
88,910
90,818
156,009
1,127,612
31,727
71,073
99,386
56.270
35,631
35,095
31,234
40,265
37,032
153,263
20,013
39,639
45,321
2,051
51.756
24,301
15,507
9,941
100,479
32,527
74,435
29,943
17,725
72,998
470,853
27,331
13,152
63,457
25,278
8,989
18,173
98,519
14,590
Assets
Custo
Bank
Balances
Income
Cash
indirectly
mers’
Other
with
accrued
items in premises,
liability
banks in process of furniture real estate repre
but not
senting
on ac
owned
and
foreign collection
collected
real estate ceptances
fixtures
countries
11,134
8,902
98,449
72,427
110,586
2,188,006
57,490
49,788
64,477
69,915
914
10,169
7,528
684
1,801
8,431
43,562
4,302
515
3
1,135
671
4,345
553
1,731
637
115
44,604 35,852,700
5,097 1,677,794
15,574 19,938,468
7,086 2,107,107
2,480 1,053,906
252,533
188
289,563
468
5,833 4,794,895
881.546
1,216
2,095
409,766
422
548,486
420,990
237
3,908 3,477,646
11,294
13,716
743
564,475
3,797
249
285
24
50
226
8
326
558
1,400
1,725
1,006
3,852
3
190
10
70
27.009
33,919
52,883
27,461
13,164
11,087
13.010
8.928
30,661
80.378
4,874
20,622
14,965
1,838
20,594
10,894
15,951
3,058
25,122
8,090
74.454
24,673
10,445
30,395
7,600
317
181,594
481
469
183
11
20
34
67
i *525
356
649
65
133
33
15
965
91
10
132
10
320
193
258
35
43
5
2,010
7,759
57,917
50,666
9,776
9,620
28,738
3,818
5,636
13.271
10,970
8,691
35,901
16.757
23,535
14,416
4,684
5,351
4,957
2,250
40
3,153,651
62,613
243,239
358,067
230,380
278,711
296,088
293,978
435,392
205,437
139,443
222,900
280,858
169,158
179,139
359,363
1,448
1,100
2
1,200
850
487
144
17
56
800
200
272
510
10
200
1,066
4,064
4,769
12,136
4,799
7,577
5,238
704
5,380
2,782
1,613
12,485
1,172
270
166
5
18
16
46
161
134
296
60
20,482
6.929
21,660
17,882
3,802
4.199
865
3,517
17,118
32,596
2,279
2,321
14,782
1.199
2,953
113
1,407
2,123
4,916
1,898
10,023
3,268
691
2,251
2,320
448,511
80,802
104,626
41.454
33,480
40,619
24,650
42.379
21,960
13,493
8,116
17,727
19,205
24,111
201,433
26,224
11,816
2,976
4,708
21,320
4,894
609
3,157
7,243
50,872
2,441
21,282
15,825
2,575
356
347
1,735
4,147
15
1,285
7,482
21,988
906
4,275
2,388
40,150
4,805
2,232
556
543
9,314
1,263
817
430
25
7,392
126,369
27,197
20,138
4,394
16,855
11,452
12,836
22,709
6,816
1,071
2,516
3,480
3,087
6,723
4,460
712
1,922
3,883
322
1,146
1.063
2,965
247
7,196
3,934
16,027
6,111
804
4,887
5,427
2,789
4,413
259
16
2,434
404
915
3,656
686
2,691
1,181
57,869
6,037
605
18
1,845
77
2,046
175
371
1,021
863
754
2,983
1,497
291
366
220
255
920
238
739
2,909
69
442
188
64
432
162
439
26
259
1,142
267
1,643
580
230
868
115
246
2,232
1,034
127
165
147
3,694
396
5,093
406
112
2,229
767
267
789
631
113
288
241
105
30
680
139
216
55
134
3,596
4,827
133
5
87
294
1,605
15
13
16
23
35
30
45
402
104
6,487
271
275
158
198
105
10
1,141
198
6,609
121
8
6,148
I,906
15,050
4,472
1,041
443
27
1,585
3,974
5,009
2,031
456
3,025
641
749
153
247
803
4,098
962
2,477
1.064
165
816
527
26
917
2,349
295
2,133
83
390
503
24
15
2,113
253
1
718
116
189
19
367,612
88,415
21,914
3,422
4,193
7,896
2,895
1,427
995
2,134
1,151
203
89
158
185
588
21
23
1,627
588
188
90
40,152
76,025
54,338
41,003
24,804
20,584
38,006
14,572
12,873
II,866
16,021
17,368
1 See second and third paragraphs on back of title page.
Federal Reserve district numbers,
and reserve cities
105,794 68,120,856 A ll member banks
911,213
1,710
193
635
1,120
225
6,485
127
24
T otal
assets
3,382,586
98,093
1,293,524
142,784
65,189
16,214
26,455
235,964
51,498
27,150
49,254
21,742
160,139
1,356
1,596
2,834
Other
assets
950
121
30
121
546
473
132
1
540
581
85
74
365
177
900
4
67
87
214
102
19
122
66
11
21
5,381
26,920
31,664
6,683
5,277
3,932
2,506
1,567
204
420
1,523
2,338
17
885
494
309
17
600
1,026
3
1
51
6
9
20,220
2,676
7,451
1,517
1,299
850
1,153
1,909
530
1,672
140
204
819
Reserve ban k c itie s1
1. Boston
2. New York2
3. Philadelphia
4. Cleveland
5. Richmond
6. A tlanta
7. Chicago2
8. St. Louis
9. Minneapolis
10. Kansas City
11. Dallas
12. San Francisco
9,536,466
414,361
555,084
1,520,402
560,286
162,329
165,138
175,423
183,252
372,154
1,275,017
82,417
277,168
267.546
23,325
269,548
141,641
172,558
50.812
417,852
136,186
1,295,804
385,022
118,769
514,372
Reserve branch c itie s1
2. Buffalo
4. Cincinnati
4. Pittsburgh
5. Baltimore
5. Charlotte
6. Birmingham
6. Jacksonville
6. Nashville
6. New Orleans
7. D etroit
8. L ittle Rock
8. Louisville
8. Memphis
9. Helena
10. Denver
10. Oklahoma City
10. Omaha
11. El Paso
11. Houston
11. San Antonio
12. Los Angeles
12. Portland
12. Salt Lake City
12. Seattle
3,265,854
222,352
182,923
528,707
179,934
48,689
121,825
18,585
71,753
339,550
445,255
69,664
40,302
222,673
27,917
54,092
25,113
41,607
41,702
162,508
98,555
150,988
53,353
26.813
37,802
53,192
O ther reserve citie s1
4. Columbus
4. Toledo
5. Washington
6. Savannah
7. Cedar Rapids
7. Des Moines
7. Dubuque
7. Grand Rapids
7. Indianapolis
7. Milwaukee
7. Peoria
7. Sioux City
9. St. Paul
10. Kansas City, Kans.
10. Lincoln
10. Pueblo
10. St. Joseph
10. Topeka
10. Tulsa
10. W ichita
11. Fort W orth
11. Galveston
11. Waco
12. Ogden
12. Spokane
45,069 19,465,836
1,850 2,044,620
27,139 3,842,006
2,542 2,101,106
1,771 1,905,195
3,101 1,438,187
2,050 1,197,950
1,968 2,416,929
726
949,091
806,994
717
868,379
582
986,520
1,380
1,243
908,859
2 Includes both central reserve city and reserve city banks.
C ountry ban ks, by d istricts
1. Boston
2. New York
3. Philadelphia
4. Cleveland
5. Richmond
6. A tlanta
7. Chicago
8. St. Louis
9. Minneapolis
10. Kansas City
11. Dallas
12. San Francisco
12
ALL MEMBER BA N K S—C O N D IT IO N O N DECEMBER 31, 1941, OF B A N K S IN EACH CENTRAL
LIABILITIES [In th ousan ds of dollars]
Demand deposits
Federal Reserve district num
bers, and reserve cities
T o ta l
_
A ll m em b er b a n k s _
Time deposits
Indivi
States
Banks Ce rtified
duals,
U. S.
and
Banks in
in
and offi
partner Govern
political United foreign
cers’
ships and ment
subdivi- States coun checks,
corpora
tries
etc.
tions
Individuals, p a rt Postal States
Banks
sav
and
Banks
nerships and corp
in
ings
poli
orations
foreign
and
tical United coun
U .S . subdi- States tries
Savings
Other Treas.
49,230,638 33,061,264 1,709,333 3,065,567 9,713,951 671,186 1,009,337 12,486,751 10,513,338 1,364,705 50,473 418,220 132,923 7,092
R eserve b a n k c itie s 1........... 28,904,927 18.721.771 1,218,793 1,049,778 >,632,646 660,012
1. Boston..................................
1,400,922
8,614
60,193 313,323 21,249
980,007
2. New Y ork2........................... 17,164,100 11,317,758 869,141 322,928 1,596,220 607,150
3. Philadelphia........................
1,700,953 1,117,528
27,072
89,352 448,448 6,075
4. Cleveland.............................
684,423
1,238
29,520 108,286
529,958
969
5. Richmond............................
194,608
1,881
23,300
90,895
75,740
77
6. A tlan ta.................................
237,288
20,263
21,026
14
75,605
114,847
7. Chicago2 ..............................
3,839,295 2,396,899 131,143 233,311 ,028,810 8,269
8. St. Louis..............................
718,717
10,816
422,259
29,872 252,259
277
9. Minneapolis.........................
328,064
122
183.475
24,000 114,503
997
10. Kansas C ity ........................
485,705
7,860
19,055 264,832
186,500
149
11. D allas...................................
355,546
26,829
152,674
23.931 139,216
3
12. San Francisco.....................
1,795,306 1,228,971 113,814 173,290 215,404 14,783
R eserve b r a n c h c itie s 1.........
2. Buffalo..................................
4. Cincinnati..........................
4. Pittsb u rg h ...........................
5. B altim ore.............................
5. C harlotte.............................
6. Birmingham........................
6. Jacksonville........................
6. N ashville.............................
6. New Orleans.......................
7. D etro it.................................
8. Little Rock.........................
8. Louisville..............................
8. M emphis................................
9. H elena...................................
10. D enver...................................
10. Oklahoma C ity ...................
10. Omaha....................................
11. El Paso.................................
11. Houston.................................
11. San Antonio..........................
12. Los Angeles...........................
12. Portland ................................
12. Salt Lake C ity .....................
12. Seattle....................................
6,774,319 4,357,938
253,658
197,580
386,963
262,347
1,044,815
710,166
455,042
264,906
145,046
44,457
126,249
75,992
141,604
53,936
134,850
54,238
298,374
149,535
870,541
632,688
69,613
28,900
232,060
113,350
211,454
87,564
19,018
9,901
200,237
136,199
110,877
48,693
145,251
80,481
39,348
24,816
344,943
222,796
106,422
67,849
728,153
601,309
250,323
176,211
87,575
49,686
371,903
264.338
210,459
O th e r reserv e c itie s 1..............
4. Columbus..............................
4. Toledo....................................
5. W ashington...........................
6. Savannah...............................
7. Cedar R apids........................
7. Des Moines...........................
7. D ubuque................................
7. Grand R apids.......................
7. Indianapolis..........................
7. Milwaukee.............................
7. Peoria.....................................
7. Sioux C ity .............................
9. St. P au l..................................
10. Kansas City, K ans..............
10. Lincoln...................................
10. Pueblo....................................
10. St. Joseph..............................
10. Topeka...................................
10. T ulsa......................................
10. W ichita..................................
11. Forth W orth .........................
11. G alveston..............................
11. W aco.......................................
12. Ogden.....................................
12. Spokane.................................
2,424,375 1,481,784
169,559
103,043
129,169
108,089
362,715
309.339
140,630
73,634
39,189
12,825
100,841
41,012
8,811
6,880
37,131
27,041
253,448
144,240
322,545
200,830
45,164
32.475
32,658
14,308
166,250
89,898
20,834
5,388
45,805
19,081
18,491
12,644
29,458
13,125
35,770
15,690
133,969
73,372
88,543
48,207
126,899
52,983
36,221
19,672
54,848
20,200
24,171
35,904
13,310
15,773
28,925
C o u n try b a n k s, b y d is tric ts 11,127,017 8.499.771
1. B oston.................................... 1,256,888 1,018,719
|2 . New Y ork.................... ......... 1,953,807 1,431,515
3. Philadelphia.........................
934,062
776,104
4. Cleveland...............................
944,864
813,056
5. Richmond..............................
898,111
616,679
6. A tla n ta ...................................
831,889
545,922
i 7. Chicago.................................. 1,340,803 1,090,995
8. St. Louis................................
599,963
418,646
9. M inneapolis..........................
447,420
327,929
10. Kansas C ity..........................
617,465
451,185
11. D allas.....................................
786,993
596,556
12. San Francisco.......................
412,465
514,752
7,033
15,107
43,102
43,639
2,776
1,850
6,927
8,650
9,799
21,574
785
9,312
5,001
21
1,556
474
1,368
1,865
9,583
3,771
5,981
6,719
209
3,357
192
454
1,972
9,168
40
1,450
72
73
14,133
1,242
795
328
604
2,375
1,726
39
196
1,646
9.108
5,758
352
1,298
1.109
502
216
424,898 ,678,320
20,389
63,667
28,752
10,449
17,451
31,482
16,124
11,731
2,570
6,173
11,717
4,728
8,238
1,040
84
284
187
16,557
13,708
18,424
29,199
8,316
12,408
13,627
14,123
23,951
73,854
9, "
8,007
19,539
2,841
6,979
15,102
7,414
l ,r ‘
20,368
5,780
20,354
35,008
12,031
35,636
27,541
91.851
263.919
114,214
88,793
35,374
64,930
57,084
111,647
126,061
29,311
98,699
98,010
6,<—
51,639
43,117
54.965
9,785
86,638
24,947
82.025
25,125
25,073
61,488
215
98
561
1,217
485
4
1,476
220,626
612.919
673
27,477
4,805
56
5,354
717
20,332
1,156
5,142
26,538
27,659
2,311
2,935
24,487
6,574
7,957
629
1,635
9,889
11,693
10,337
12,026
2,374
1.931
4,004
2,608
225,233 ,370,265
1 See second and third paragraphs on back of title page.
T o ta l
97,500
336,274
94,533
85,810
93,516
110,870
159,562
62,980
63,262
110,213
88,795
66,950
32,804
13,273
44,253
51,205
25,361
36,613
601
4,383
64.292
85,306
8,724
14,668
49.851
6,276
16,534
5,161
14,046
8,373
35,474
22,954
49,846
12.293
3,241
3,606
3,781
790,066
83,916
70,422
11,217
16,867
148,834
133,176
53,279
99,347
44,813
39.026
68,203
20.966
1,230
1,252
35
55
134
178
2,263
334
575
506
9
121
577
141
621,927 3,687,083 2,775,961
17,536
79,578
76.079
450,903
835,921
425,814
12,478
199,512
102,304
14,452
284,245
264,410
2,715
39.329
34.079
28,451
5,533
23,802
40,863
621,900
561,724
3,234
100,630
94,107
4,967
46,838
40,284
7,309
28,853
25,239
12,893
30,211
25,518
49,044 1,391,615 1,102,601
632,004 10,190 221,824
40,012 7,092
3.414
370,934
80,947
15,521
3 ,‘ ~‘
3,311
54,876
5,001
4,166
3,598
3,058
83,280
33,296
68 2,042
3,500
830
500
10
1,328
5,300
1,522
6
6
1,545
6,729 175,294
2,375
10
90
21,961 1,750
94,466 1,938,632 1,698,705
3,907
124,672
109,844
3,866
115,866
105,373
8,920
244.143
137,265
2,897
71,253
59,570
704
8,067
5,115
625
23,038
22,621
2,127
21,186
18,326
755
33,417
28,867
2,212
47,137
41,982
15,112
329,939
321,361
813
8,759
8,268
2,692
26,489
25,279
1,340
37.330
33,276
171
2,627
2,124
3,816
47,889
44,499
3,491
15.947
11,530
1,023
13,959
13,319
799
7,986
7,259
5,460
41,397
35,528
3,514
19,241
16,361
17,267
460,947
430,046
6,775
109,492
99,667
572
22,320
20,910
5,608
105,531
100,315
139,206
6,145 47,466
47,110
53,525
43,839
6,008
2,548
6,836
1,269
246
1,434
102
492
4,190
7,374
859
419
1,232
221
507
18
456
172
4,322
1,287
11,692
584
609
286
362
572,764
34,970
39,673
115,770
24,886
6,625
11,656
8,436
28,689
59,434
89,912
17,044
5,051
32,442
5,040
4,079
4,313
9,837
2.947
13,607
3,708
14,074
12,929
4,479
10,387
12,776
506,236
27,620
34,483
107,525
23,218
6,218
10,786
7,774
28,224
39,374
86,633
15,058
4,412
29,796
4,451
3,352
3,813
9,227
1,828
8,314
3,538
12,714
11,143
4,281
10,043
12,411
239,419 6,288,272 5,532,436
36,030
554,281
527,507
51,354 1,488,710 1,403,022
869,767
23,456
762,726
18,682
741,747
650,258
21,631
397,887
356,000
9,933
258,883
215,249
20,834
857,704
756,586
7,259
260,112
184,609
8,725
283,348
216,688
10,868
159.144
105,451
21,145
104,881
69,936
9,502
311,808
284,404
2 Includes both central reserve city and reserve city banks.
6.432
7,510
68,103
6,977
2,309
407
1.415
3,222
2,036
3,806
72
1,125
644
203
796
1,630
635
572
1,448
247
19,575
4,994
1,268
3,780
3,621
4,282
7,635
551
407
858
662
289
11,714
2,089
1,231
631
1,779
452
493
20
600
584
3.433
155
1,260
271
198
259
365
31
10
601
1
5
150
664
216
2,500
406
5
300
400
5
1,329
850
12,091
574
175
5
705
27
2,753
1,533
3
3,405
56
1,600
7,067
2,128
26,674
3,531
467
590
637
150
739
10
85
2,538
787
155
5
4,375
2,603
11,166
300 4,166
5
501
50
160
365
137
885
3,327
15,801
3,561
5
60
110
18
127
655
50
3,597
193
500
1,049
12
5
1,251
58
4
13
755
7
867
22
234
113
7,091
1,177
1
115
470
10
535
1,405
15
100
1,100
549,656 30,577 145,603
21,368
47,757
73,822
57,623
24,442
28,256
84.106
62,572
60,083
49.107
22.760
17.760
54
535 5,342
14,151
814
22
2,374
6,610
4,881
1,616
5,058
3,341
1,672
1,443
591
1,277
842
872
2,528
22,227
26,229
30,822
9,204
6,435
13,489
9,492
5,128
2,020
10,570
7,459
30,000
504
9,094
2,109
1,428
3,183
5,602
1,851
1,996
858
1,289
773
1,313
13
RESERVE A N D RESERVE C IT Y 1 A N D O F C O U N T R Y B A N K S IN EA CH FEDERAL RESERVE D IS T R IC T
LIABILITIES AND CAPITAL ACCOUNTS [In th ou san d s of dollars]
Bills
Accept
T o ta l
payable
Other
T otal
and other ances liabilities lia b ili
o u t
deposits borrowed
ties
standing
money
Capital
Surplus
N et
T otal
Reserves Other
demand Demand
Un
capital c ap ital deposits deposits—
for
divided contin
ac
ac
subject to adjusted
profits
gencies counts cou n ts
reserve
86,358
426,433 62,234,492 2,362,185 2,394,336 775,145
312,467
32,592,010
1,480,500
18,000,021
1,900,465
968,668
233,937
265,739
4,461,195
819,347
374,902
514,558
385,757
3,186,921
77,833
9,359
53,006
5,813
515
3
036,191 ,310,224 375,007
82,172 25,182
56,753
552,904 841,827 213,577
89,361 27,769
61,623
15,244
3,257
50,880
2,266
6,030
7,650
2,666
7,625
8,850
112,303 128,319 32,239
14,265 11,715
32,100
11,804
5,313
12.300
8,252
10,338
13,388
6,302
13,116
13,400
90,123 36,469
114,040
141,201
13,355
44,025
11,519
4.683
1,470
2,327
39,891
1,038
1,666
1,125
523
19,579
8,712, 951
378, ,330
502 ,829
1,288, ,958
526, ,295
153 ,113
149 ,287
162 ,790
168 ,267
345 ,511
1,200 ,480
78 372
258 ,549
248 ,784
21 ,645
248 ,126
126 ,824
159 210
47 ,334
386 340
125 ,663
1,189 ,100
359 ,815
109 ,895
477 ,434
4,895
272
278
158
198
61,717,389
4,312
2,116
661
115
906
5,339
1,021
255
1,346
105
10
396
474
113
134
30
2,997, 139
204 529
168,:842
,485
478,'
165, 516
45, 814
112, 497
17, 247
65; ,820
312 ,882
412; ,457
62 ,208
37 ,709
198 ,692
25 ,874
49 ,884
22 ,804
39 ,295
38 717
147 ,576
92 ,251
140 ,973
49 ,150
24 679
34 ,558
48 680
17,415,289
1,811,169
3,442,517
1,803,829
1,686,611
1,295,998
1,090,772
2,198,507
860,075
730,768
776,609
891,874
826,560
4,312
770
960
859
286
200
14
19
60
1,026
118
311,653 32,981,496
10,453 1,500,312
229,546 18,282,573
9,966 1,916,244
979,156
9,973
234,921
981
267,885
2,146
18,257 4,481,568
822,426
2,418
378,683
3,666
515,282
724
387,647
984
22,539 3,214,799
38,804 8,756,650 290,889 330,457 92,378
1,461
14,273
18,900
379,117
515
6,918
17,405
23,150
505,139
2,032
36,361 149,328 15,505
6,589 1,295,705
10,814
5,455
14,466
527,726
1,233
942
3,300
2,000
154,533
399
1,785
I,540
10,271
149,731
444
1,110
3.800
6,000
163.440
650
2,060
3,050
8,300
169.440
918
3,964
9,242
9,408
347,788
931
21,435
8,537
33,214
5,290 1,205,770
424
1 ,580
1,633
78.517
145
1,581
8,075
7,185
259,802
1,253
4,085
7,100
6,000
249,814
1,030
225
500
850
21,705
60
5,470
6,683
6,710
248,955
829
3,457
3,210
7.400
127,285
356
986
4,983
5.800
159,736
526
501
1.800
600
47.517
173
4,396
10,313
13,500
388,681
1,9,45
1,718
2,556
5,091
126,169
506
47.300
28,755 II,357
8,124 1,197,698
3,392
9,500
7.500
361,451
1,523
1,319
2,660
4.200
110,240
345
5,975
8,310
15,050
480,691
2,988
58,565
276
2,079
23,126
1.684
1,554
1.381
1,073
328
766
5,005
86
255
547
45
1,632
289
1,037
376
616
285
8.381
3,048
350
4,346
Federal Reserve district
numbers, and reserve cities
42,231 5,886,364 39,707,549 33,753,582 A ll member banks
8,581 2,871,204
177,482
20
3,562 1,655,895
190,863
591
74,750
686
17,612
196
21,678
210
313,327
575
59,120
2
31,083
33,204
101
33,343
2
262,847
2,636
7,527
334
393
377
141
430
74
986
1,056
177
270
16
18
346
367
2,313
131
,323,423
,213,081
,726,740
,383,618
528,494
146,628
180,009
,235,925
574,674
264,569
347,541
242,986
,479,158
,205,470
959,643
,798,065
,076,574
508,741
100,696
114,951
,435,109
403,867
185,292
163,610
167,756
,291,166
779,816 5,082,989 4,312,827
191,035
194,922
35,244
246,002
281,971
49,945
684,627
892,546
224,697
269,541
371,311
32,560
40,313
96,251
7,796
77,938
80,067
15,407
56,680
97,360
11,983
60,188
85,657
13,812
145,037
230,681
24.366
641,276
637,526
69,247
34,643
44,726
3,900
103,427
171,799
17.366
93,478
151,168
17,732
11,075
15,129
1,620
126,400
127,887
20,593
56,392
75,682
14,356
72,967
113,793
12,822
24,425
26,349
3,295
223,502
219,342
29,171
69,053
65,805
10,017
564,476
579,319
98,106
193,321
195,707
23,571
51,844
59,481
8,529
268,510
275,187
33,681
R eserve b a n k c itie s 1
1. Boston
2. New York2
3. Philadelphia
4. Cleveland
5. Richmond
6. A tlanta
7. Chicago2
8. St. Louis
9. Minneapolis
10. Kansas City
11. Dallas
12. San Francisco
R eserve b ra n c h c itie s
2. Buffalo
4. Cincinnati
4. Pittsburgh
5. Baltimore
5. Charlotte
6. Birmingham
6. Jacksonville
6. Nashville
6. New Orleans
7. D etroit
8. Little Rock
8. Louisville
8. Memphis
9. Helena
10. Denver
10. Oklahoma City
10. Omaha
11. El Paso
11. Houston
11. San Antonio
12. Los Angeles
12. Portland
12. Salt Lake City
12. Seattle
252,930 1,772,260 1,574,341
116,046
121,746
17,184
108,513
109,275
13,162
294,571
277,598
48,236
97,470
62,375
11,660
9,986
26,398
2,874
58,579
78,469
8,969
7,273
5,936
1,337
29.158
25,855
5,779
157,850
178,413
25,887
203,267
239,428
31,393
33,366
33,109
7,300
15,341
20,717
2,481
100,835
122,730
19,754
10,984
15,817
1,923
37,216
24,592
4,054
13,178
5,107
2,260
13,809
17,081
2,258
23,628
24,956
2,871
93,152
84,471
14,498
57,933
69,
5,920
66,678
93,341
9,737
19,362
18,537
4,063
14,825
15.159
2,044
17,812
16,569
3,062
29,575
28,627
4,224
15,651 3,012,924
205,168
609
169,761
919
480,471
1,982
168.274
2,679
45,815
1
112,856
359
17,248
1
65,974
154
313,663
781
413,862
1,394
62,364
152
37,821
112
202,919
4,226
25,994
120
50,038
154
22,853
49
39,349
54
114
38,831
148,010
434
92,635
384
141,251
278
49,290
140
24,769
90
34,740
182
48,968
283
112,192
8.500
6.800
18,330
6,435
500
4,750
550
2.400
9,085
16,450
3,260
1.200
9,000
1,025
1,978
500
1,100
1.400
5,950
2.400
4,450
1,650
850
1,455
2,174
84,425 34,513
1,460
6,228
802
4,870
9,176
18,821
1,608
3,055
374
1,800
2,000
1,481
185
475
613
2,500
5,229
7,950
3,036
7,630
956
2,460
141
1,050
2,245
7,000
317
391
393
878
1,000
177
302
792
501
826
1,864
5,100
810
2,400
1,259
2,850
764
1,282
236
772
1,020
185
399
1,275
19,824
996
690
1,838
545
200
476
77
260
3,108
4,094
624
90
1,480
15
721
583
60
144
1,512
254
975
347
186
385
164
1,976
60,325 17,483,422
8,381 1.821.257
14,133 3,458,104
5.339 1,810,336
4,505 1,691,419
5,441 1.302.258
3,167 1,094,983
6.340 2,204,886
862,208
2,130
733,128
2,299
779,053
1,367
894.274
2,276
831,516
4,947
922,913
96,603
192,845
121,611
98,910
62,831
46,888
102,080
43,264
37,102
41,849
43,761
35,169
669,230 273,247
77,673 32,187
117,135 48,975
121,403 33,787
73,785 30,116
47,212 17,864
38,482 12,671
62,181 31,118
26,406. 12,599
22,144: 11,344
27,8251 15,524
30,119> 13,807
24,865I 13,255
92,877
15,539
18,818
10,540
8,216
6,788
3,598
13,452
3,303
2,828
3,620
3,272
2,903
24,147 1,982,414 7,528,877 9,660
932,941 1,071,
1,361
223,363
6,129
383,902 1,491,200 1,714,
852,
663,181
3,429
290,770
884,
632,814
213,776
2,749
561,493
691,
1,234
135,929
642,
513,321
102,967
1,328
864,297 1,229,
212,043
3,212
466,
372,566
86,883
1,311
294,619
386,
73,866
448
564,
386,491
89,326
508
688,
488,408
92,246
1,287
469, 712
327,546
77,343
1,151
3,496
937
494
309
17
619
1,030
20
3
1
51
6
9
1 See second and third paragraphs on back of title page.
71
17
262
50
6
515
183
29
175
84
4
72
56
203
20
17
212
2 Includes both central reserve city and reserve city banks.
O th e r reserve c itie s 1
4. Columbus
4. Toledo
5. Washington
6. Savannah
7. Cedar Rapids
7. Des Moines
7. Dubuque
7. Grand Rapids
7. Indianapolis
7. Milwaukee
7. Peoria
7. Sioux City
9. St. Paul
10. Kansas City, Kans.
10. Lincoln
10. Pueblo
10. St. Joseph
10. Topeka
10. Tulsa
10. W ichita
11. F ort W orth
11. Galveston
11. Waco
12. Ogden
12. Spokane
C o u n try b a n k s , by d is tric ts
1. Boston
2. New York
3. Philadelphia
4. Cleveland
5. Richmond
6. A tlanta
7. Chicago
8. St. Louis
9. Minneapolis
10. Kansas City
11. Dallas
12. San Francisco
14
ALL MEMBER B A N K S—C O N D IT IO N OF BA NK S
ASSETS [In th ou san d s of dollars]
State
Number
of banks
T o ta l, a ll S t a t e s . .
6,619
New England:
M aine............ ...............
New H am pshire.........
V ermont.......................
M assachusetts............
Rhode Islan d ..............
C onnecticut.................
Middle Atlantic:
New Y ork....................
New Jersey..................
Pennsylvania..............
E ast N orth Central:
Ohio..............................
Indiana........................
Illinois..........................
M ichigan......................
Wisconsin....................
West N orth Central:
M innesota....................
Io w a..............................
M issouri.......................
North D akota............
South D ak o ta.............
N ebraska.....................
K ansas.........................
South Atlantic:
Delaware.....................
M aryland............... .
D istrict of Columbia.
V irginia.. . . ; ...............
West Virginia.............
N orth C arolina..........
South C arolina...........
Georgia........................
Florida.........................
E ast South Central:
K entucky.....................
Tennessee....................
Alabam a.......................
Mississippi...................
West South Central:
A rkansas......................
Louisiana.....................
Oklahoma....................
Texas............................
M ountain:
M ontana......................
Idaho............................
Wyoming......................
C olorado......................
New Mexico................
Arizona...........................
U ta h ...............................
N evada..........................
Pacific:
W ashington...................
Oregon............................
California......................
40
53
40
153
14
60
Obliga
Obliga
Obliga
tions of
Loans U. S. Gov
tions of
tions
govern
(includ
ernment guaran States and
ment
ing over direct ob teed by political agencies,
drafts)
ligations U .S .gov subdivi not guar'
ernment
sions
an teed
by U. S.
18,020,904 15,706,687 3,832,035 3,089,606
60,599
37,730
31,819
861,359
111,635
139,720
42,478
17,901
9,861
503,801
88,547
142,390
Other Corporate T otal
bonds, stocks (in loans
cluding
notes
and
F. R.
and de
Invest
bank
bentures
m ents
stock)
557,231 1,921,852
13,256
3,431
2,211
69,646
7,708
20,681
3,030
3,447
2,742
44,397
6,085
31,929
352
211
82
14,458
2,139
3,829
15,716
8,852
6,394
64,001
9,314
14,663
580
291
778
4,858,601 6,175,917 1,830,738
523,239
485,567
118,003
1,401,327 1,386,495
234,854
887,482
105,276
213,346
231,706
15,707
24,020
379
201
434
224
145
897,857
609,092
227,430
199,584
1,341,985 1,583,107
465,375
462,327
208,568
215,049
166,422
48,656
202,927
166,229
46,111
151,799
43,468
286,485
102,635
42,331
Reserve
with
Federal
Reserve
Banks
Cash in
vault
392,244 43,520,559 12,396,344 1,086,752
1,213
136,644
399
71,971
298
53,407
15,301 1,572,963
3,515
228,943
1,925
355,137
20,900
12,622
6,611
413,531
52,048
74,007
5,289
3,501
1,745
147,183
10,632
15,913
588,156
94,861
429,289
161,144 14,733,744 5,430,021
15,093 1,357,746
222,460
66,993 3,756,324 1,008,779
149,724
45,760
98,301
18,841
5,714
61,364
45,034
1,307
82,762
29,590
168,378
50,271
47,679
10,778 1,937,551
479,097
3,325
557,767
122,218
26,837 3,671,083 1,214,979
3,739 1,295,610
300,860
2,455
563,500
108,561
72,135
26,987
78,570
48,577
16,949
2,191
656,208
930
313,248
22,659 1,094,234
163
50,200
217
67,192
776
226,967
812
234,932
122,482
60,686
287,764
7,369
50,696
47,767'
12.064
10,756
18.694
1,253
2,030
4,188
5,545
207
154
160
45
60
147
209
342,544
170,821
523.312
33,028
43,883
134,495
136,354
202,863
63,410
320,807
9,364
10,992
51,944
46,592
40,076
23,617
96,346
3,487
3,619
13,145
23,330
43,350
40,965
75,382
2,745
7,446
16,941
24,076
«4,698
4,749
19,110
280
314
3,490
2,047
20,486
8.756
36,618
1,133
721
6,176
1,721
18
74
17
184
101
55
27
69
58
50,845
138,300
133,518
255,235
100,976
144,173
56,742
238.571
117,728
47,914
238,719
109,633
113,911
40,920
80,858
20,759
62,049
88,726
12,609
51,562
24,472
35,248
16,681
25,994
3,390
26,237
32,686
7,587
9,668
2,105
25,146
14,004
23,662
10,641
27,638
32,454
80
2,606
8,006
5,222
1,203
7,052
1,427
3,904
4,288
12,083
19,392
9,406
16,160
9,082
1,632
1,690
7,178
4,976
1,294
2,164
1.950
3,159
1,790
1,201
411
2,032
1,059
132,412
462,411
289,090
454,081
184,656
284,572
95,060
367,609
281,917
19,680
121,672
119,879
108,563
36,005
58,182
15,775
75,396
56,550
2,399
16,693
13,758
17,904
10,399
10,423
7,217
10,539
13,790
113
77
82
26
166,946
246,153
127.572
32,773
73,224
80,104
57,282
9,724
19,491
25,460
11,356
1,301
14,060
46,311
46,221
20,595
5,133
6,643
773
34
13,035
9,095
8,341
744
1,539
3.951
1,404
447
293,428
417,717
252.949
65,618
69,125
91,833
52,392
11,728
9,686
13,882
11,051
3,842
59
37
218
530
53,813
156,488
166,207
616,918
24,656
99,767
54,255
286,185
10,441
27,420
17,361
60,743
21,851
39,196
64,215
121,798
684
1,009
1,421
6,382
2,556
3.756
2,573
13,102
550
114,551
1,746
329,382
1,286
307,318
5,494 1,110,622
29,400
86,738
71,227
290,756
4,583
8,952
7,334
35,858
66
28
35
93
27
7
34
45,963
38,269
23,340
117,602
22,692
42,089
62,109
17,319
37,828
24,741
10,538
56,146
12,005
9,834
26,234
11,167
6,889
7,607
1,957
14,844
3,016
5,650
10,564
3,079
6,754
4,260
3,687
14,770
3,039
3,237
8,183
3,394
928
266
69
1,582
601
1,764
530
20
3,237
822
571
10,164
149
290
1,681
589
101.950
76,183
40,333
215,911
41,623
63,011
109,809
35,635
23,259
12,812
8,739
66,695
7,949
10,293
28,467
4,972
3,725
3,010
2,106
7,368
1,857
3,453
2,344
1,611
250.313
141,418
123,096
120,300
1,923,473 1,139,702
21,285
24,193
196,006
25,556
18,093
336,124
5,160
968
30,024
5,263
4,900
73,848
1,807
450,802
608
292,158
15,203 3,714,380
94,211
58,091
711,377
16.065
7.694
63,413
426
1,359
30
374
680
114
57
32
113
Mutual Savings Banks1.
3,355
1,216
351
218
171
803
121
147
508
67
33
6,793
11,120
STATES LOCATED IN TWO FEDERAL RESERVE D ISTR IC TS—CONDITION
Connecticut—Dist. No. 2..
New Jersey—D ist. No. 2 ...
K entucky—D ist. No. 4 . .. .
Pennsylvania—D ist. No. 4.
West Virginia—D ist. No. 4
Louisiana—D ist. No. 6......
Mississippi—D ist. No. 6 ...
Tennessee—D ist. No. 6_
_
Indiana—D ist. No. 7.........
Illinois—D ist. No. 7...........
Michigan—D ist. No. 7.......
Wisconsin—D ist. No. 7_
_
Missouri—Dist. No. 10.......
New Mexico—Dist. No. 10.
Oklahoma—D ist. No. 10...
Arizona—Dist. No. 12.......
13
204
59
224
11
26
17
65
155
295
183
112
42
8
207
5
26,252
19,715
429,901
414,644
47,159
21,224
427,572
660,840
20,059
7,052
126,440
88,634
29,015
9,035
134,007
55,865
184,583
187,488
1,252,941 1,529,775
446,451
449,694
188,162
203,936
204,167
63,775
14,022
9,122
164,011
53,746
36,706
6,740
5,145
98,876
3,963
79,033
4,700
22,897
1,105
13,166
44,766
188,929
162,323
42,889
39,075
2,863
17,250
5,295
2,043
86,864
7,552
53,879
5,195
28,994
17,670
28,339
38,841
263,440
97,062
39,451
33,493
2,231
62,188
1,841
1,463
6,747
422
14,600
414
1,002
28
3,445
5,071
58,636
44,678
1,070
4,687
332
1,421
1,758
1 These banks, two in Wisconsin and one in Indiana, are included in the figures for those States.
2,499
70,044
3,115
135,535
2,225
3,426
669
7,536
25,420
153,946
44,767
43,983
13,706
134
2,541
282
317
12,971
659
36,848
633
1,005
407
3,429
3,001
26,190
3,551
2,283
5,750
71
1,260
118
57,434
13,505
1,120,047
179,193
84,094
15,622
1,408,307
413,600
40,278
5,218
272,398
76,976
57,929
10,242
245,787
51,017
489,170
111,142
3,473,857 1,180,846
1,248,526
293,584
521,774
102,065
364,653
95,166
28,775
4,351
302,417
70,333
52,740
9,050
3,539
34,958
3,759
35,495
1,672
6,306
3,125
9,770
23,246
72,433
46,439
15,468
6,190
1,060
7,066
2,975
15
BY STATES, O N DECEMBER 3 1 , 1941
ASSETS [In th o u sa n d s of dollars]
Demand
balances
Balances
with_
Other
with
banks in balances
with_
banks in
U. S. (ex
cept pri banks in foreign
countries
vate
U. S.
banks,
etc.)
Assets in
Bank
premises, Other real directly
estate represent
furniture
owned
and
ing real
estate
fixtures
Cash
items in
process
of col
lection
11,134 3,382,586
911,213
179,139
98,449
5,084
3,726
1,851
128,325
16,202
29,710
1,907
2,018
1,078
40,256
8,287
13,390
248
94
235
5,854
586
1,280
6,779 1,372,589
53,865
14
225,074
156
253,088
44,122
106,228
94
144
286
294
17
148,856
28,828
263,509
94,222
39,150
176
Custom Income
ers’ liabil accrued
ity on ac but not
ceptances collected
Other
assets
T otal
assets
105,794 68,120,856 T otal, a ll S tates
72,427
110,586
499
151
15
1,799
2,627
22
8,431
885
64
132
4
123
3,743
579
589
194,865
208
106,910
57
73,367
82
6,128 2,499,029
348,148
240
599,227
250
37,832
21,606
48,170
18,777
3,796
11,394
43,975
509
4,563
44,673
4,372
8,981
42,779 22,477,738
1,604 1,986,904
11,402 5,792,329
54,561
13,142
37,262
19,774
12,615
8,451
1,435
2,992
1,259
1,013
2,643
119
1,665
1,522
386
822
1,753
3
11
4,020
1,069
10,001
3,457
1,102
5,258 3,075,694
750
916,999
6,571 5,884,528
1,930 2,015,101
2,034
879,888
46,951
16,235
108,107
1,408
1,983
19,946
6,803
8,426
4,796
13,197
1,636
1,807
5,228
5,752
10
244
4,568
6
83
171
197
5,271
2,136
1,334
641
1,964
463
1,941
207
285
623
216
2,239
984,686
196
502,743
1,939 1,789,501
63
73,270
93
101,432
352,504
371
195
386,495
12,001
28,663
21,660
30,600
9,526
24,827
6,064
48,053
19,839
1,605
9,532
15,050
12,930
6,238
5,873
2,008
11,335
8,199
682
915
2,349
2,257
2,712
923
123
1,283
1,081
672
189
2,133
2,063
711
8
8
1,151
1,566
51
134
4
217
1,518
503
771
163
782
68
644
807
71
772
588
1,417
553
808
641
868
519
210,890
724,410
528,707
748,350
317,986
504,479
177,314
608,569
489,262
2
1
22,710
29,062
16,323
2,482
5,830
12,268
7,730
2,247
2,178
1,651
3,418
569
103
214
1,200
341
881
530
594
600
11
283
1,138
1,405
160
494,086
733,171
463,229
117,686
10
6,881
35,435
17,269
85,993
2,209
10,687
8,499
35,400
335
1,199
59
4,264
56
2,721
72
3,939
920
105
1,318
128
972
388
550
248
224,646
2,888
570,569
427
537,416
1,355 2,080,925
4,760'
3,462
1,033
21,903
1,026
4,055
12,846
1,848
2,438
1,628
939
3,208
838
1,538
1,996
795
18
14
10
132
11
296
72
14
10
50
19
1,196
3
293
2
45
448
5
233
9
170
35,326
24,859
241,656
8,263
6.847
76,513
406
85
15,749
27,588
272
112
4,690
928
803
9,860
22
78
124
15
6,147,354
98,519
23,874
12,741
8,181
169,007
26,739
108,227
21
21
15
1,521
271
586
339,620
227,217
504,868
4,137
3,833
8,089
355,420
160,158
591,084
245,666
132,479
6,786
4,382
4,773
1,927
2,071
125,913
93,973
254,705
11,114
16,734
44,314
84,522
2,865
10
2,127
4
52
250
10
40,023
81,156
63,457
114,893
61,742
116,214
50,077
92,159
102,240
1,128
’657
193
2,848
5,281
’301
230
530
3,120
89,573
161,564
113,075
30,654
640
2,905
2,204
375
66,041
89,994
122,371
507,189
214
671
2,347
3,407
29,936
17,690
22,334
103^079
18,232
15,434
31,422
7,472
1,909
2,966
270
3,904
*205
280
1, 006
2,315
54
106,815
42,294
313,668
5,522:
3,634
5 ,58C1
85
101
1,688
771
350
59
4
24
288
109
52
386
34
43
16
11
45
274
8
97
117
53
180
4
198
4
7
State
258
285
25
657
11
108
240
73
168,610
118,052
75,834
423,313
71,807
98,817
189,407
54,908
321
719,020
338
436,925
4,948 5,191,110
8,947
New England:
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Middle Atlantic:
New York
New Jersey
Pennsylvania
East N orth Central:
Ohio
Indiana
Illinois
Michigan
Wisconsin
West N orth Central:
Minnesota
Iowa
Missouri
N orth Dakota
South D akota
Nebraska
Kansas
South Atlantic:
Delaware
M aryland
D istrict of Columbia
Virginia
West Virginia
N orth Carolina
South Carolina
Georgia
Florida
E ast South Central:
Kentucky
Tennessee
Alabama
Mississippi
West South C entral:
Arkansas
Louisiana
Oklahoma
Texas
M ountain:
M ontana
Idaho
Wyoming
Colorado
New Mexico
Arizona
U tah
Nevada
Pacific:
Washington
Oregon
California
Mutual Savings B anks
OF B A NK S LOCATED IN FED ER AL R ESERVE D IST R IC T SPEC IFIED
15,255
178,755
32,237
188,409
4,327
54,789
24,489
106,977
136,423
536,510
235,388
119,877
114,188
9,526
120,455
11,215
13
1,991
452
3,456
3,351
661
340
2,861
4,265
4,523
1,645
1 ,“ ‘
1,791
150
2,337
280
144
286
294
17
226
6,003
46,567
1,669
60,135
2,222
32,269
2,319
13,847
25,726
252,246
93,235
37,976
51,853
770
17,110
3,885
2,673
33,149
2,699
38,244
914
8,396
2,002
7,908
10,694
32,995
18,476
11,391
3,874
535
8,314
1,370
475
15,322
283
7,647
1,022
1,183
512
1,536
1,193
2,512
1,204
981
38
51
213
6
2,938
84
2,501
64
288
2,691
146
101
1,612
1,522
386
655
341
1,753
3
11
1
50
105
106
3,685
50
3,563
108
821
6
405
1,005
9,1
3,427
963
508
5
388
233
18
1,058
70
2,391
92
2,263
139
973
654
6,348
1,877
1,912
524
6
417
64
99,132
1,617,965
141,019
2,163,945
59,204
459,683
101,103
441,568
803,763
5,575,729
1,945,620
814,609
639,667
45,228
529,065
82,044
Connecticut—D ist. No. 2
New Jersey—D ist. No. 2
Kentucky—Dist. No. 4
Pennsylvania—D ist. No. 4
West Virginia—D ist. No. 4
Louisiana—D ist. No. 6
Mississippi—Dist. No. 6
Tennessee—D ist. No. 6
Indiana—D ist. No. 7
Illinois—Dist. No. 7
Michigan—D ist. No. 7
Wisconsin—Dist. No. 7
Missouri—Dist. No. 10
New Mexico—D ist. No. 10
Oklahoma—D ist. No. 10
Arizona—D ist. No. 12
16
ALL MEMBER BANKS—CONDITION OF BANKS
LIABILITIES [In th ou san d s of dollars]
Demand deposits
State
T o ta l
T o ta l, a ll S ta tes.
New England:
M aine....................
New H am pshire..
V erm ont...............
M assachusetts. ..
Rhode Island
Connecticut.........
Middle Atlantic:
New Y ork............
New Jersey ..........
Pennsylvania.......
E ast N orth Central:
Ohio......................
Indian a.................
Illinois..............
M ichigan..............
W isconsin.............
W est N orth Central:
M innesota............
Io w a......................
M issouri...............
N orth D ak o ta __
South D ak o ta_
_
N ebraska.............
South Atlantic:
Delaware.....................
Maryland....................
District of Columbia.
Virginia........................
West Virginia.............
North Carolina..........
South Carolina...........
Georgia........................
Florida.........................
East South Central:
Kentucky.....................
Tennessee....................
Alabama......................
Mississippi..................
West South Central:
Arkansas......................
Louisiana....................
Oklahoma....................
Texas............................
Mountain:
Montana......................
Idaho............................
Wyoming.....................
Colorado.....................
New Mexico................
Arizona........................
Utah.............................
N evada........................
Pacific:
Washington.................
Oregon..........................
California....................
Time deposits
Individu
States
Banks Certified
als, p a rt
U. S.
and po Banks in
in
and
nerships Govern litical
United foreign officers’
and cor
ment
sub
States coun checks,
porations
divisions
tries
etc.
T o ta l
States
Individuals, p a rt Postal and
sav politi Banks Banks
nerships, and
in
ings
corporations
cal
foreign
and
sub- United
U. S. divi- States coun
tries
Treas.
Savings
Other
49,230,638 33,061,264 1,709,333 3,065,567 9,713,951 671,186 1,009,337 12,486,751 10,513,338 1,364,705 50,473 418,220 132,923 7,092
88,591
67,143
51,090
67,293
23,966
27,907
[,894,162 1,371,115
212,221
179,664
430,840
356.489
821
1,207
613
22,284
1,296
4,273
,452,352
,062,221
,601,543
1,210,455
825.653
!, 569,834
909,677
40,770
89.907
587,784 3,654,626 608,552
133,937
37,085
213
174,161 722,170 6,359
,912,470
606,538
519,209
,214,140
525,355
1,466,898
419,636
>,913,878
895,797
371,283
21,631
20,455
140,863
25,071
4,251
128,249 254,849
71,284
85,559
291,395 1,114,487
130,805 140,340
43,352
95,234
669,541
348,332
1,424,564
46,855
68,540
275,712
308,535
395,415
204,859
769,034
38,314
45,039
169,120
183,612
1,497
2,890
22,067
203
519
3,707
11.908
73,063
47,916
75,035
3,462
16,191
26,261
64,136
187,858
88,068
544,628
4,046
5,961
73,834
45,672
163,458
528,266
362,715
460,588
192,043
402,856
138,018
468,530
385,547
152,367
326.824
309,339
281,597
135,826
197.825
94,918
256,824
231,318
862
44,278
1,972
6,651
5,685
7,339
2,909
31,267
12,878
573
38,299
56
41,025
19,664
34,985
24,105
34,328
49,973
2,503
115,091
44,253
120,224
23,611
157,477
13,809
138,374
86,153
365,614
536.316
324.317
77,254
227.653
250,641
201,925
47.489
10,676
22,899
13,813
1,387
18,457
47,781
39,409
13,184
104,836
209,750
66,265
14,534
171,348
444,436
414,954
1,691,551
101,898
243,796
245,960
,066,210
2,981
13,778
11,313
53,714
22,131
45,178
57,189
144,234
42,440
136,565
87,318
371,440
119,343
79,849
50,853
302,126
54,573
71,710
128,401
33,030
87,737
58,895
33,415
219,287
34,553
53,711
76,419
25,579
239
789
432
2,159
620
281
805
210
14,716
16,014
8,484
17,268
13,407
13,344
20,909
5,570
14,479
3,114
7,896
58,576
5,077
1,928
29,167
1,048
498,601
284,500
1,722,920
363,679
204,761
,002,524
4,601
6,877
122,008
50,835
39,078
206,411
9,135
7,173
1,727
99,393
17,578
26,923
8,881
5,431
704
345,228 21,249
9,346
312
31,712
2,589
2,392
897
34,893
4,025
11,443
82,365
24,432
34,972
310,505
98,666
109,771
79,572
22.667
33.668
297,887
94,711
101,226
1,830
877
816
11,738
3,203
6,950
481,258 1,811,239 1,318,946
24,563
733,498
706,951
39,112 1,448,530 1,123,367
397
418
166
277
554
603
541
122
312
428
198
982
25
348
10
175
411,856
16,626
230,713
6,600 51,978
2,000 7,053
3,568 48,707
16,517
868
42,175
10
1,
55
8,269
1,268
134
39,755
9,549
50,317
20,859
11,101
881,233
233,893
936,743
656,352
279,077
779,723
183,901
821,026
630,319
257,399
68,731
38,579
92,505
15,358
18,779
778 24,600
50
2,137
834 22,210
2,671 6,270
450 1,090
7,401
9,226
168
1,734
1,359
1,289
10,419
4,599
13,374
830
830
2,790
3,207
222,229
113,572
236,616
19,814
23,416
44,118
43,422
171,998
86,758
202,353
13,042
14,937
27,674
26,801
42,951
26,649
30,931
6,565
7,487
16,028
15,207
1,224
133
2,274
33
54
337
899
2,940
31
985
159
898
38
93
3,116
1
73
15
40
41
422
7,153
3,587
6,836
11,014
7,257
5,230
2,277
7,723
4,946
16,452
144,281
115,770
213,790
87,649
64,035
26,263
85,444
66,078
15,188
130,361
107,525
188,286
79,226
49,169
24,560
75,009
56,987
953
7,945
7,635
14,705
6,642
9,180
1,214
7,374
2,883
107
992
110
908
786
3,492
17
1,541
226
4
1,402
8,232
292
708
402
296
5,107
200
3,581
500
1,659
703
1,486
70
1,224
875
3,992
5,245
2,621
660
83,201
139,714
95,299
30,217
68,374
111,981
85,644
25,364
13,425
18,424
5,952
4,202
258
798
1,005
632
676
4,404
835
4
468
4,107
1,863
15
1,898
3,889
13,174
54,655
35,651
83,262
65,818
210,154
29,976
74,973
41,982
159,815
4,805
3,727
17,342
27,765
437
265
1,615 2,777
677 2,941
1,307 20,280
168,
170
2,876
987
2,172
1,037
626
4,788
916
2,280
1,097
623
35,231
28,580
17,413
84,634
12,310
20,525
45,010
17,283
28,158
25,282
14,002
77,092
9,825
19,259
41,761
16,342
5,870
2,910
2,399
4,091
2,284
1,074
2,880
695
7,350
165,252
156,148
7,028
123,017
110,226
70,461 2,029,955 1,695,897
7,499
6,892
109,559
187
259
77;
14
279
1,230
1,298
166
4
70,641 1,495
485
26,271
305,392 16,124
M utual Savings Banks..
8,005
7,911
357
238
138
76
165
26
77
101
801
649
310
15
125
60
40
583
58
366 5,073
7,031 192,779
45
150
225
3,065
21
41
232
105
964
460
22,939 1,750
87
STATES LOCAT ED IN TWO FEDERAL RESERVE D ISTR IC TS—CONDITION
Connecticut—Dist. No. 2.........
New Jersey—Dist. No. 2 ..........
Kentucky—Dist. No. 4 .............
Pennsylvania—Dist. No. 4 .......
West Virginia—Dist. No. 4. ...
Louisiana—Dist. No. 6 .............
Mississippi—Dist. No. 6 ...........
Tennessee—Dist. No. 6 .............
Indiana—Dist. No. 7..............
Illinois—Dist. No. 7...........
Michigan—Dist. No. 7............
Wisconsin—Dist. No. 7...........
Missouri—Dist. No. 10.............
New Mexico—Dist. No. 10.......
Oklahoma—Dist. No. 10...........
Arizona—Dist. No. 12...............
50,741
63,204
856,009
685,657
71,143
82,161
968,565
,336,198
20,053
28,964
358,064
188,857
38,004
65,658
308,768
151,176
538,554
371,625
,320,518 2,801,327
,188,471
875,330
494,551
347,052
553,377
226,235
33,291
17,288
408,511
241,608
45,821
•60,786
1,491
28,673
754
47,042
1,115
11,189
1,268
17,724
19,767
135,854
24,499
3,964
8,316
523
11,234
236
4,236
83,739
6,701
41,047
3,747
39,102
11,544
27,003
63,827
274,775
126,856
40,143
25,215
10,560
55,553
11,064
4,063
35,494
213
2,921
266,599 '' 284
2,631
114,882 i *230
14,276
109,071
74,867
55
052,496 8,269
140,020 1,261
134
92,647
284,977
149
4,261
87,181
1,835
2,673
22,233
642
12,661
1,418
2,804
566
3,794
8,413
47,797
20,505
10,611
8,485
659
12,935
1,820
26,852
611,212
41,940
517,989
19,482
67,003
26,677
96,497
199,303
852,651
619,918
250,946
45,647
9,151
64,938
15,779
26,145
593,589
35,961
386,887
16,838
59,105
23,045
74,275
157,251
767,180
594,735
232,226
39,724
7,641
41,627
14,741
632
12,635
4,981
80,888
2,060
3,351
3,061
16,577
32,248
70,993
14,758
16,021
5,597
1,331
16,850
846
10
55
4,819
157
518
726 22,674
35
253
1,605 2,777
556
789
970
1,932
35
357 14,063
2,630 6,063
395
960
203
108
164
15
672 2,928
26
125
10
169
323
26,814
296
165
15
3,886
7,837
58
1,732
1,344
15
2,861
41
17
|BY STA TES, O N D ECEM BER 31, 1941
LIA BILITIES A N D CAPITAL ACCOUNTS [In th o u sa n d s of dollars]
T otal
d eposits
61,717,389
170,956
91,725
62,879
2,204,667
310,887
540,611
20,263,591
1,795,719
5,050,073
2,793,703
840,431
5,455,952
1,870,492
804,432
891,770
461,904
1,661,180
66,669
91,956
319,830
351,957
179,910
672,547
478,485
674,378
279,692
466,891
164,281
553,974
451,625
448,815
676,030
419,616
107,471
206,999
527,698
480,772
1,901,705
154,574
108,429
68,266
386,760
66,883
92,235
173,411
50,313
Bills
payable Accept
and
Other
ances
other
liabilities
out
bor
standing
rowed
money
4,312
86,358
T o ta l
lia b il
ities
Capital
Surplus
Undi
vided
profits
426,433 62,234,492 2,362,185 2,394,336 775,145
684,579
95,386
224,951
927,967 246,027
53,030 21,592
361,682 78,994
56,057
8,739
45,745
7,062 1,921,692 16,740,229 11,906,908
183,655
4,908
930,288
781,139
2,796
714,168 2,872,561 2,558,033
2,810,762
842,858
5,478,716
1,878,461
806,718
142,574
33,951
154,845
67,379
36,848
79,004
21,878
157,216
41,074
19,292
27,744
11,439
46,188
16,912
9,825
12,491
5,219
45,845
9,229
6,633
3,119
1,654
1,718
2,046
572
8,995
786
3,905
271
377
802
784
900,882
462,709
1,665,750
67,000
92,333
321,201
352,761
37,515
17,635
62,382
3,252
4,682
14,913
16,475
28,921
13,071
32,944
2,039
2,652
10,103
10,512
12,802
6,058
25,050
769
1,359
3,561
5,617
4,301
2,725
2,768
188
334
2,567
847
265
545
607
22
72
159
283
1,001
1,497
1,982
2,887
846
2,384
682
5,344
1,490
180,911
674,242
480,471
677,472
280,538
470,841
165,033
559,452
453,133
8,480
22,334
18,330
32,557
16,617
13,334
6,045
22,896
16,124
16,737
16,784
18,821
23,729
14,080
12,896
3,970
16,055
14,276
4,194
7,689
9,176
10,043
5,082
4,038
1,533
6,406
3,524
563
2,887
1,838
4,025
1,544
3,086
569
3,481
2,150
5
474
71
524
125
284
164
279
55
29,979
50,168
48,236
70,878
37,448
33,638
12,281
49,117
36,129
111,501
418,509
277,598
315,122
120,775
261,815
81,877
328,318
263,468
148,092
340,047
294,571
303,036
153,221
213,213
115,236
250,822
266,398
341
885
1,606
2,578
1,201
199
450,521
678,949
421,702
107,670
19,175
25,546
21,564
5,126
17,872
17,757
11,766
3,954
4,879
8,850
5,627
426
1,300
1,622
1,980
117
339
447
590
393
43,565
54,222
41,527
10,016
253,331
345,690
194,979
44,118
227,392
274,605
227,632
58,851
1,346
105
1,318
419
2,181
1,328
5,336
207,418
531,225
482,205
1,908,477
7,684
16,358
24,621
77,783
5,709
14,372
16,895
58,149
2,962
5,820
10,733
28,098
544
1,447
2,855
6,208
329
1,347
107
2,210
330
403
226
1,150
18
879
575
1,028
154,904
108,832
68,577
388,262
66,951
93,114
173,986
51,341
6,586
4,255
2,828
13,114
2,305
2,700
7,289
1,070
4,187
2,959
2,565
11,309
1,818
2,209
5,193
1,189
2,393
1,182
1,430
7,467
158
690
1,947
1,252
523
641
387
2,836
490
95
917
56
17
183
47
325
85
9
75
274
113
5,822
4,303
1,635
32,183
668,430
409,265
4,790,880
23,253
9,181
179,490
13,240
11,154
131,171
8,697
4,023
54,631
5,002
3,140
29,305
398
162
5,633
33
10
960
880
165
8,042
100
740
55
10
17,097
2,329
26,127
1,858
5,238
358
4,466
9,911
43,007
15,704
9,229
9,319
14
10,645
619
277
6,785
481
26,203
615
1,312
97
998
4,842
44,521
8,921
6,268
1,247
291
2,817
95
9,359
937
64
53,420
509
6,074
825
2,138
2
11
238,075 20,556,046
7,021 1,803,249
21,134 5,078,161
16,069
2,427
20,626
7,967
2,275
117
19
665
60
569
20
200
198
4
7
14
1,566
70
134
4
100
118
85
352
663,853
407,517
4,752,875
8,009
7,534
5,153
2,741
110,873
15,894
19,940
244
153
104
625
29
571
23,266
73,783
59,727
14,940
56,929
50,826
10,158
24,739
17,875
270,835 1,597,357 1,377,076
34,348
185,065
169,280
55,916
365,145
292,903
773
560
700
20,973
3,610
2,555
643
225
330
13,428
1,976
2,626
State
42,231 5,886,364 39,707,549 33,753,582 T o ta l, a ll S tates
50
740
10,691
6,261
4,881
98,096
12,466
25,778
312,467
4,024
2,813
1,732
40,268
2,349
7,072
20
171,599
91,970
63,209
2,228,194
313,800
543,311
N et de
T otal
Reserve Other
Demand
for con capital c ap ital mand de deposits—
posits
ac
tingen
ac
subject to adjusted
cies
counts c o u n ts
reserve
264,932 1,408,461 1,486,046
74,141
471,641
417,733
405,812 3,666,051 2,992,081
136,640
953,239
874,889
73,170
386,586
354,709
83,804
496,730
40,034
238,124
123,751 1,061,752
6,270
34,333
9,099
49,823
31,303
211,452
33,734
217,216
431,946
241,139
749,336
41,198
60,077
178,225
244,152
17,228
98,426
119,046
39,344
257,428
319,007
55,211
275,314
299,054
172,448 1,098,369 1,179,106
13,706
9,220
7,257
35,051
4,856
5,703
15,421
3,567
84,729
58,697
27,522
177,144
35,315
52,221
84,363
23,710
99,865
72,484
41,492
219,440
47,850
65,280
85,579
29,924
50,590
356,509
386,538
226,008
27,660
217,347
400,230 2,168,605 2,037,740
905
New England:
Maine
New Hampshire
Vermont
M assachusetts
Rhode Island
Connecticut
Middle Atlantic:
New York
New Jersey
Pennsylvania
E ast N orth Central:
Ohio
Indiana
Illinois
Michigan
Wisconsin
W est N orth Central:
Minnesota
Iowa
Missouri
N orth Dakota
South D akota
N ebraska
Kansas
South Atlantic:
Delaware
M aryland
D istrict of Columbia
Virginia
W est Virginia
N orth Carolina
South Carolina
Georgia
Florida
E ast South Central:
Kentucky
Tennessee
Alabama
Mississippi
W est South Central:
Arkansas
Louisiana
Oklahoma
Texas
M ountain:
M ontana
Idaho
Wyoming
Colorado
New Mexico
Arizona
Utah
Nevada
Pacific:
Washington
Oregon
California
Mutual Savings Banks
OF BANKS LOCATED IN FEDERAL RESERVE D IST R IC T SPECIFIED
90,056
1,467,221
124,101
1,854,187
48,446
425,067
92,335
405,265
737,857
5,173,169
1,808,389
745,497
599,024
42,442
473,449
76,565
64
288
100
21
173
’1,346'
341
2,138
2
11
1
50
105
394
5,725
190
8,126
242
1,219
184
1,497
2,065
20,026
7,863
2,101
822
11
1,316
804
90,514
1,473,234
124,391
1,862,507
48,688
427,632
92,519
407,103
739,922
5,195,333
1,816,254
747,609
599,847
42,503
474,870
77,369
4,817
75,253
7,757
70,330
3,940
12,678
4,298
18.592
28.592
142,555
63,631
33,379
16,733
1,375
24,062
2,350
2,290
42,978
6,046
177,707
4,103
11,487
3,441
10,014
18,944
149,068
39,099
17,618
12,391
980
16,566
1,602
345
2,618
15
1,071
1,336
390
395
1,552
1,245
2,011
506
130
65
105
9
8,618
41,946
51,647 C onnecticut—D ist. No. 2
745,062 New Jersey—D ist. No. 2
144,731
630,687
48,255
16,628
76,817 K entucky—Dist. No. 4
962.138 Pennsylvania—Dist. No. 4
301,438 1,087,715
10,516
22,996 W est Virginia—Dist. No. 4
22,415
271,006
198,471 Louisiana—Dist. No. 6
32,051
47,795 Mississippi—D ist. No. 6
38,850
8,584
187,944
168,126 Tennessee—Dist. No. 6
34,465
418.139 Indiana—D ist. No. 7
63,841
376,586
380,396 3,533,197 2,871,653 Illinois—D ist. No. 7
860,485
929,456 M ichigan—D ist. No. 7
129,366
337,681
359,830 W isconsin—D ist. No. 7
67,000
208,082 Missouri—D ist. No. 10
39,820
387,336
22,995
27,737 New Mexico—D ist. No. 10
2,725
54,195
292,986 Oklahoma—Dist. No. 10
270,946
4,675
45,686
54,820 Arizona—Dist. No. 12
STATE MEMBER B A N K S—C O N D IT IO N O N DECEMBER 31, 1941, B Y FEDERAL RESERVE D ISTRICTS
[Amounts in thousands of dollars]
Federal Reserve D istrict
Boston
A SSETS
Loans (including overdrafts)............................................................................................................
United States Government direct obligations..............................................................................
Obligations guaranteed by United States Government..............................................................
Obligations of States and political subdivisions..........................................................................
Obligations of Government corporations and agencies, not guaranteed by United States
Other bonds, notes and debentures..................................................................................... ...........
Corporate stocks (including Federal Reserve Bank stock).......................................................
T o ta l lo an s a n d in v e s tm e n ts .......................................................................................................
Reserve with Federal Reserve B anks.............................................................................................
Cash in v au lt.................................................................................................................................................
Demand balances with banks in United States (except private banks and American branches of
foreign banks).................................................................................................................................
Other balances with banks in United States................................................................................
Balances with banks in foreign countries.....................................................................................
Due from own foreign branches.......................................................................................................
Cash items in process of collection.................................................................................................
Bank premises owned and furniture and fixtures........................................................................
Other real estate owned.....................................................................................................................
Investments and other assets indirectly representing bank premises or other real estate
Customers’ liability on acceptances...............................................................................................
Income accrued bu t not yet collected............................................................................................
Other assets...............................................................................................................................
T otal a ssets.
New
York
6,295,408
5,951,466
1,548,275
1,069,193
225,665
669,182
190,516
15,949,705
4,997,106
307,332
277,767
223,538
21,262
20,957
3,282
25,921
8,820
581,547
121,017
19,923
3,158,265
3,762,018
1,050,310
490,197
146,536
283,443
91,273
8,982,042
3,325,414
108,119
1,491,234
23,546
3,552
137
1,322,569
322,338
97,447
44,413
32,315
46,441
49,694
87,643
555
31
302,521
2,875
2,591
137
871,902
164,693
39,337
17,991
26,916
30,028
27,829
35,288
18,081
3,770
3,798
894
1,372
1,056
Phila
delphia
Cleve
land
Rich
mond
Atlanta Chicago
St.
Louis
Minne Kansas Dallas
San
apolis
City
Francisco
351,309 657,168
229,259 581,710
71,410 116,040
62,938
74,461
6,672
15,249
81,601
70,519
20,344
36,185
823,533 1,551,332
202,490 376,366
18,041
45,495
291,579 113,347 598,295 219,665
191.879 43,202 425,126 154,828
49,733 11,258 131,974 27,947
29,382 28,022 206,239 32,281
2,360
13,713
14,031
8,413
19,832
3,340 128,692 16,871
4, 761
2,955
5,748 13,732
600.879 204,484 1,510,105 473,737
145,338 57,029 411,298 107,822
21,807
7,185
51,414
9,497
46,033 120,282
20,484 26,879
5,698 31,288
7,250 27,476
751
3,648
3,208 10,454
307
1,128
83,731 221,155
14,735 58,641
2,627
3,918
47,489
14,093
3,296
13,331
278
255
655
79,397
16,946
3,617
414,209
278,450
28,059
76,659
10,732
25,046
4,608
837,763
160,010
15,689
125,550
3,920
5
193,826
5,852
67
155,571
918
39
82,091
1,816
5
19,173
527
17
51,967
286
226
34,581
169
105,989
3,017
459
64,784
25,549
22,697
8,314
160
2,666
4,467
85,418
35,711
13,279
3,392
166
3,942
6,134
44,409
20,591
3,371
4,017
1,465
1,755
1,865
17,002
6,244
2,064
2,699
207
511
2,878
2,762
1,473
145
10
30,149
3,620
69
242
2,504
1,340
391
30
119
» 106
376
866
27
130
51,576
16,112
4,757
325
2,035
1,323
1,243
231,050 101,272
3,150
461
102
10
84,838
20,582
2,989
2,918
225
3,584
2,004
31,937
8,342
4,578
677
247
738
1,116
24,687,829 874,975 13,902,395 1,302,176 2,320,980 1,002,025 384,215 2,324,259 740,434 125,425 371,515 139,132 1,200,298
L IA B IL IT IE S
D em and d e p o sits—t o t a l .....................................................................................................
Individuals, partnerships' and corporations..............................................................
United States Government (see page 1, footnote 2)................................................
States and political subdivisions..................................................................................
Banks in United S tates...................................................................................................
Banks in foreign countries.............................................................................................
Certified and officers’ checks, cash letters of credit and travelers’ checks, etc..
T im e d ep o sits—t o t a l ..... ......................................................................................................
Individuals, partnerships, and corporations:
Savings deposits........................................................................................................
Certificates of deposit..............................................................................................
Christmas savings and similar accounts..............................................................
Open accounts............................................................................................................
Postal savings (see page 1, footnote 2 ).......................................................................
States and political subdivisions..................................................................................
Banks in United S tates...................................................................................................
Banks in foreign countries.............................................................................................
T o ta l d e p o sits .........................................................................................................................
Due to own foreign branches................ ................................................................................
Bills Dayable, rediscounts, and other liabilities for borrowed money.........................
Acceptances outstanding........................................................................................................
Dividends declared b u t not y et payable............................................................................
Income collected b u t not yet earned...................................................................................
Expenses accrued and un p aid...............................................................................................
Other liabilities.........................................................................................................................
T o ta l lia b ilitie s.
18,192,616 566,313 11,240,085
12,615,554 473,169 7,511,300
620,890
9,215
494,006
833,058 35,840
379,832
3,357,516 32,593 2,219,901
340,073
383
330,762
425,525 15,113
304,284
4,066,377 206,032 1,293,783
928,745 1,375,511
769,207 1,105,737
15,243
31,991
37,873
63,848
91,168 145,199
7
530
15,247
28,206
215,884 655,125
3,327,367 198,451
884,920 169,335 561,556
147,472
3,279
14,970
16,288
22,755
9,799
1,595
799
3,233
1,709
458,655
1,240
23,159
341,879
47,541
14,126
823
6,005
136
268
67,594
569
28,642
5,433
15,887
39,584
75
12,354
734
5,409
1,780
1,780
22.258,993 772,345 12,533,868 1,144,629 2,030,636
34,833
34,833
534
125
130
165
38,827
909
32,852
160
166
14,443
459
10,260
1,017
370
23,779
1,124
10,098
1,919
1,680
36,310
2,522
17,831
2,279
5,947
34,225
520
1,060
18,927
7,585
22,441,944 777,879 12,658,794 1,151,194 2,046,549
704,906 283,841 1,419,706 535,066
415,306 163,406 1,078,296 349,586
23,957 10,337
6,551 13,919
50,324 36,618 106,261 29,841
207,397 70,706 199,125 138,215
160
42
516
49
7,762
2,732
28,957
3,456
205,858 65,969 728,143 141,912
72,550 308,385 110,827
51,923 142,604 81,690
217
2,143
3,160
11,396 27,319 15,047
7,972 130,569
9,193
142
7
9
1,035
5,608
1,728
41,305 35,026 15,872
646,681
473,330
10,151
38,859
105,478
7,466
11,397
461,468
182,004
5,910
756
9,865
2/670
2,982
1,671
30,397
9,035
31
76
391
1,281
94
401,935
11,144
342
25,993
51
5,311
16,692
56,990
5,798
79
515
1,190
782
615
681,061 120,452
32,267 18,044
991
144
5,994
1,483
1,697
549
4,628
1,113
1,505
127
28,600
5,385
105
246
270
167
253
11,666
2,597
15
664
76
799
55
910,764 349,810 2,147,849 676,978 113,855 343,411 126,699 1,108,149
1,465
423
1,227
1,378
1,504
207
409
612
571
46
19
343
459
2,951
2,303
2,076
85
247
364
784
888
436
14
72
63
6
10
44
95
355
9
74
20
118
25
2,478
550
3,197
2,055
2,031
916,761 351,655 2,156,000 679,697 114,010 343,999 126,946 1,118,460
CAPITAL ACCOUNTS
C apital...................................
Surplus...................................
Undivided profits................
Reserves for contingencies.
Other capital accounts.......
T o ta l ca p ita l a c c o u n ts...............................
T otal lia b ilities and ca p ita l a c c o u n ts..
N et demand deposits subject to reserve (see page 19).
Demand deposits—adjusted (see page 1, footnote 3 )...
Number of banks...................................................................
850,191
1,008,285
276,521
102,290
t 8,598
36,726
37,059
11,981
11,271
59
444,286
606,802
155,688
34,202
2,623
54,279
74,729
15,037
6,503
434
92,422
144,326
20,158
16,631
894
36,593
31,366
10,835
5,711
759
14,428
12,746
3,958
1,058
370
70,565
48,621
24,490
22,236
2,347
34,481
14,655
9,632
1,228
741
5,561
3,322
1,954
521
57
11,743
8,559
5,609
1,477
128
6,125
4,164
1,623
216
58
42,982
21,936
15,556
1,236
128
2,245,885 97,096 1,243,601 150,982 274,431
85,264 32,560 168,259 60,737 11,415 27,516 12,186
81,838
24,687,829 874,975 13,902,395 1,302,176 2,320,980 1,002,025 384,215 2,324,259 740,434 125,425 371,515 139,132 1,200,298
15,382,267 443,909 10,065,662 738,424 1,096,473 504,928 184,748 1,105,713 401,857 50,697 226,282 73,742 489,832
12,551,568 488,834 7,323,514 757,543 1,112,373 428,983 185,754 1,128,676 350,946 61,592 145,382 95,961 472,010
1,502
43
217
80
174
110
54
364
118
88
91
93
70
OO
19
ALL M EM BER B A N K S —RESERVE P O S IT IO N O N DECEM BER 3 1 , 1941
[In thousands of dollars]
Gross
demand
deposits
Deduc*
tions
N et
demand
deposits
in com subject to
puting
reserves1 reserve
Time
deposits
N et
demand
plus time
deposits
Reserves with Federal
Reserve Banks
Required2
Excess
Held3
Ratio of
required
reserves
to net
demand
plus time
deposits
(per cent)
Ratio of
reserves
held
to net
demand
plus time
deposits
(per cent;
49,230,638 9,523,089 39,707,549 12,486,751 52.194,300 9,365,362 12,396,344 3,030,982
17.9
23.8
20,700,573 1,927,570 18,773,003 1,288,385 20,061,388 4,958,284 6,125,961 1,167,677
17,403,048 3,997,379 13,405,669 4,910,094 18,315,763 2,975,739 4,060,488 1,084,749
778,556
11,127,017 3,598,140 7,528,877 6,288,272 13,817,149 1,431,339 2,209,895
A ll member b a n k s........................
24.7
16.2
10.4
30.5
22.2
16.0
154,955
566,214
5,622,719 1,141,315
224,401
658,126
350,498
913,537
159,953
454,858
70,239
322,573
423,748
1,748,323
96,380
363,012
34,354
178,002
85,455
343,747
87,527
306,253
202,157
918,980
14.8
22.6
13.9
14.0
14.1
14.7
17.9
15.3
13.5
15.9
15.6
13.3
20.4
28.3
21.1
22.7
21.8
18.7
23.7
20.8
16.8
21.2
21.8
17.1
5,105,316
1,020,645
977,398
190,279
25.0
23.3
30.9
28.7
315,383
62,047
433,387
682,675
295,666
191,089
447,025
259,930
95,810
254,159
190,475
832,842
67,993
6,651
144,693
252,735
103,243
26,153
125,280
61,064
10,410
59,524
46,419
180,584
19.1
14.6
18.2
16.2
17.1
17.4
15.3
17.8
17.6
18.1
17.8
13.8
24.4
16.3
27.4
25.7
26.3
20.1
21.3
23.3
19.8
23.6
23.5
17.6
250,831
455,356
224,739
230,862
159,192
131,484
280,653
103,082
82,192
89,588
115,778
86,138
86,962
157,266
79,708
97,763
56,710
44,086
108,189
35,316
23,944
25,931
41,108
21,573
11.0
10.0
9.5
9.7
10.7
11.3
10.0
10.7
10.1
11.7
12.6
10.1
16.9
15.3
14.7
16.8
16.6
17.0
16.3
16.3
14.2
16.4
19.5
13.5
All member banks, by districts:
411,259
633,859 2,779,881
2,657,810
511,788 2,146,022
19,371,565 1,958,703 17,412,862 2,449,303 19,862,165 4,481,404
433,725
588,216 2,046,799 1,069,279 3,116,078
2,635,015
563,039
792,947 2,566,846 1,460,644 4,027,490
3,359,793
294,905
632,306 2,085,587
2,055,522
602,241 1,453,281
252,334
436,998 1,721,563
626,319 1,284,565
1,910,884
Chicago.................................................. 6,890,426 1,544,353 5,346,073 2,036,390 7,382,463 1,324,575
266,632
433,320 1,748,253
516,874 1,314,933
1,831,807
St. Louis................................................
143,648
365,255 1,062,302
697,047
263,705
960,752
M inneapolis..........................................
258,292
309,323 1,623,934
617,794 1,314,611
1,932,405
Kansas C ity .........................................
218,726
235,198 1,404,791
1,816,572
646,979 1,169,593
D allas....................................................
716,823
853,170 2,954,917 2,424,876 5,379,793
3,808,087
San Francisco.......................................
C entral reserve city banks:
812,565 16,501,656 4,127,918
New Y ork ............................................. 17,119,289 1,430,198 15,689,091
830,366
475,820 3,559,732
497,372 3,083,912
Chicago.................................................. 3,581,284
Reserve city banks, by districts:
247,390
79,578 1,292,659
1,400,922
187,841 1,213,081
B oston...................................................
55,396
148,028
380,599
232,571
65,898
298,469
New Y o r k ............................................
288,694
199,512 1,583,130
1,700,953
317,335 1,383,618
Philadelphia.........................................
429,940
718,897 2,652,929
2,414,929
480,897 1,934,032
Cleveland..............................................
192,423
891,788
234,419 1,126,207
1,157,411
265,623
Richmond..............................................
164,936
178,115
949,359
771,244
1,078,995
307,751
A tlan ta..................................................
321,745
702,866 2,100,730
570,475 1,397,864
1,968,339
Chicago..................................................
198,866
173,208 1,115,575
1,231,844
289,477
942,367
St. L o u is ..............................................
85,400
484,335
110,904
402,428
81,907
513,332
M inneapolis..........................................
194,635
928,120
150,179 1,078,299
386,820
1,314,940
Kansas City.
..............................
811,502
144,056
130,317
348,394
681,185
1,029,579
D allas.....................................................
652,258
665,964 2,627,371 2,113,068 4,740,439
San Francisco
................................
3,293,335
Country banks, by districts:
163,869
554,281 1,487,222
932,941
1,256,888
323,947
Boston...................................................
298,090
462,607 1,491,200 1,488,710 2,979,910
New Y ork..............................................
1,953,807
145,031
869,767 1,532,948
663,181
270,881
934,062
Philadelphia.........................................
133,099
632,814
741,747 1,374,561
312,050
944,864
Cleveland..............................................
102,482
959,380
397,887
561,493
336,618
898,111
Richmond..............................................
772,204
87,398
258,883
513,321
318,568
831,889
A tlan ta..................................................
172,464
857,704 1,722,001
864,297
476,506
1,340,803
Chicago..................................................
67,766
632,678
260,112
372,566
599,963
227,397
St. L o u is ..............................................
58,248
577,967
283,348
294,619
152,801
447,420
M inneapolis..........................................
63,657
159,144
545,635
230,974
386,491
617,465
Kansas C ity ..........................................
74,670
593,289
104,881
488,408
298,585
786,993
D allas.....................................................
639,354
64,565
311,808
327,546
514,752
187,206
San Francisco.......................................
New Y ork.............................................
Philadelphia.........................................
1 Demand balances with banks in United States, except private banks and American branches of foreign banks, plus cash items in process of collection.
The difference between the figures shown in this column and the figures shown against the corresponding captions under “ Assets’’ is accounted for by anexcess of allowable deductions over gross demand deposits a t a number of banks.
.
2 Reserves actually required are based on deposits at opening of business. The figures in this column, therefore, represent the reserves required to be
maintained on the business day following the call date. Pursuant to the provisions of law, the Board of Governors of the Federal Reserve System per
scribed the following requirements as to reserves to be maintained by each member bank effective Nov. 1, 1941. Time deposits—6 per cent for all member
banks; N et demand deposits—26 per cent for Central Reserve city banks, 20 per cent for Reserve city banks and 14 per cent for Country banks.
3 As reported by member banks. These figures differ from those shown by the Federal Reserve Banks’ books because of a lack of synchronization of
entries on the books of the Federal Reserve Banks and the member banks.
ALL MEMBER BANKS - PLEDGED ASSETS AND SECURED AND PREFERRED LIABILITIES ON DECEMBER 31, 1941
[In thousands of dollars]
All
member
banks
Pledged assets (and securities loaned)—t o t a l....................
United States Government obligations, direct and guar
anteed, pledged to secure liabilities...................................
Other assets pledged to secure liabilities.............................
Assets pledged to qualify for exercise of fiduciary or cor
porate powers, and for purposes other than to secure
liabilities...................................................................................
Securities loaned.........................................................................
5,638,584
All
national
member
banks
4,088,641
All State
member
banks
Central Rieserve city
membe:r banks
New York
Chicago
Reserve
city
member
banks
Country
member
banks
1,549,943
1,362,671
395,461
2,382,059
1,498,393
377,313
3,282
1,972,723
359,676
1,058,613
380,307
5,296
9,570
47,507
2,153
59,334
139
4,607,492
802,136
3,344,002
632,640
1,263,490
169,496
1,198,843
58,871
173,132
55,824
94,481
17,518
78,651
38,306
60,995
43,962
Secured and preferred lia b ilitie s—t o t a l................................
5,541,956
3,442,561
2,099,395
1,753,221
420,602
2,010,844
1,357,289
Deposits secured by pledged assets.......................................
Borrowings secured by pledged assets
Other liabilities secured by pledged assets..........................
Deposits preferred under provisions of law but not secured
by pledged assets
.
.......
4,656,754
3,545
2,846
3,438,853
3,096
612
1,217,901
449
2,234
1,095,557
420,051
1,926,133
1,725
551
12
1,215,013
3,545
558
878,811
655,939
84,699
138,173
878,811
o
BOUNDARIES Of FEDERAL RESERVE DISTRICTS
BOUNDARIES OF FEDERAL RESERVE BRANCH TERRITORIES
(APPROXIMATE IN THE ST. LOUIS DISTRICT)
FEDERAL RESERVE BANK CITIES
FEDERAL RESERVE BRANCH CITIIS
FEDERAL RESERVE BANK AGENCY
