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MEMBER BANK

CALL REPORT
NUMBER 110

CONDITION OF MEMBER BANKS
DECEMBER 31,1948

BOARD OF GOVERNORS
OF THE FEDERAL RESERVE SYSTEM
WASHINGTON

CONTENTS
Assets and Liabilities:

PAGE

Of All Member Banks December 31, 1948, June 30, 1948, and December 31, 1947

1

Of All Member Banks on Selected Call Dates, 1943-1948

2

By Class of Bank
By Federal Reserve Districts

3
4-5

Classification of Loans and United States Government Direct Obligations:
Of All Member Banks on Selected Call Dates, 1943-1948

6

By Class of Bank

6

By Federal Reserve Districts
Of Reserve City and Country Member Banks, by Federal Reserve Districts

7
8-9

Assets and Liabilities of Member Banks in Each Central Reserve and Reserve City and of Country
Banks in Each Federal Reserve District

10-13

Assets and Liabilities of Member Banks, by States

14-17

Reserve Position by Class of Bank and Federal Reserve Districts

18

Assets and Liabilities of State Member Banks, by Federal Reserve Districts

19

These statistics are tabulated from condition reports submitted by member banks following each official call, a minimum of three of which are required by law each year. The Comptroller of the Currency
tabulates the national bank reports and publishes the results in the Abstract of Reports of Condition of National
Banks. The Board of Governors of the Federal Reserve System tabulates the reports of State member banks
and publishes the combined statistics of national and State member banks in the Member Bank Call Report.
Member banks are classified according to their reserve requirements as central reserve city banks,
reserve city banks, or nonreserve city ("country") banks. A member bank that has an office in a central
reserve city is classified as a central reserve city bank; a member bank that has an office in a reserve city, but
not in a central reserve city, is classified as a reserve city bank; a member bank that does not have an office
in a reserve or central reserve city is classified as a country bank. However, some banks in outlying sections
of central reserve cities have permission to maintain the reserves required of reserve city banks or country
banks; and some banks in outlying sections of reserve cities have permission to maintain the reserves required of country banks. Condition reports of member banks are tabulated in accordance with the reserve
classifications of the banks. Since a member bank that has two or more offices, whether in the same city
or in different cities, submits a consolidated condition report, the report is tabulated according to a single
location (that of the bank s head office, unless it has a branch in a city where banks are subject to higher
reserve requirements).
The comparability of figures for succeeding call dates is affected somewhat by changes in Federal Reserve
membership, mergers, etc., and by changes in the reserve classification of cities or individual banks.




MEMBER BANK CALL REPORT
ASSETS A N D LIABILITIES O F M E M B E R BANKS O N D E C E M B E R 31, 1948 C O M P A R E D
W I T H J U N E 30, 1948 A N D D E C E M B E R 31, 1947
[Amounts in thousands of dollars]
Change since-

Condition o n Dee. 31,
1948

J u n e 30,
1948

Dec. 31,
1947

J u n e 30,
1948

95,616,170
36,060,317
52,148,672
4,930
4,479,920
2,641,521
280,810

95,449,273
33,871,224
54,130,980
8,416
4,435,849
2,723,653
279,151

97,845,741
32,627,985
57,904,405
9,700
4,199,095
2,826,707
277,849

+166,897
+2,189,093
-1,982,308
-3,486
+44,071
-82,132
+ 1,659

Reserves, c a s h , a n d b a n k b a l a n c e s
Reserve with Federal Reserve Banks
Cash in vault
D e m a n d balances with b a n k s in United S t a t e s (except
private b a n k s and American branches of foreign banks)
Other balances with b a n k s in United States
Balances with b a n k s in foreign countries
Cash items in process of collection

34,201,796
20,405,686
1,485,771

30,303,148
17,356,081
1,605,925

32,845,266
17,796,687
1,672,074

+3,898,648
+3,049,605
-120,154

5,643,423
30,697
28,659
6,607,560

5,386,644
32,392
23,047
5,899,059

6,236,307
33,818
25,454
7,080,926

+256,779
-1,695
+5,612
+708,501

D u e from own foreign branches
Bank premises owned and f u r n i t u r e and fixtures
Other real estate owned
I n v e s t m e n t s and other assets indirectly representing bank
premises or other real estate
Customers' liability on acceptances
Income accrued b u t not yet collected
Other assets

54,521
872,265
13,446

6,931
846,506
12,679

4,789
820,199
12,239

+47,590
+25,759
+767

58,445
179,504
237,105
158,271

59,850
191,642
225,541
201,905

58,101
141,254
227,386
105,497

-1,405
-12,138
+11,564
-43,634

131,391,523

127,297,475

132,060,472

+4,094,048

Demand deposits
Individuals, partnerships, and corporations
United S t a t e s G o v e r n m e n t
S t a t e s and political subdivisions
Banks in United S t a t e s
Banks in foreign countries
Certified and officers' checks, cash letters of credit, and
travelers' checks, etc

92,459,455
70,946,667
2,121,969
5,850,375
10,098,396
1,479,632

88,582,788
68,204,256
1,845,653
5,873,317
9,433,286
1,353,415

94,137,848
72,703,750
1,176,098
5,504,054
10,977,636
1,375,491

+3,876,667
+2,742,411
+276,316
-22,942
+665,110
+ 126,217

1,962,416

1,872,861

2,400,819

+89,555

Time deposits
Individuals, partnerships, and corporations.
United S t a t e s G o v e r n m e n t
Postal Savings
S t a t e s and political subdivisions
Banks in U n i t e d S t a t e s
Banks in foreign countries

28,902,421
27,801,151
107,156
3,793
927,324
29,990
33,007

28,869,445
27,805,454
101,651
3,893
911,936
30,990
15,521

28,389,879
27,541,909
101,194
3,364
693,446
38,866

+32,976
-4,303
+5,505

11,100

+ 15,388
-1,000
+ 17,486

121,361,876

117,452,233

122,527,727

+3,909,643

262,262

269,015

221,778

-6,753

45,407
201,322
56,225
159,704
317,882
185,731

52,833
214,368
51,839
144,876
313,648
174,656

53,965
164,565
55,509
124,737
306.501
141.502

-7,426
-13,046
+4,386
+14,828
+4,234
+ 11,075

122,590,409

118,673,468

123,596,284

+3,916,941

2,781,808
3,969,572
1,601,946
447,788

2,754,141
3,885,248
1,524,489
460,129

2,730,394
3,823,530
1,409,515
500,749

+27,667
+84,324
+77,457
-12,341

ASSETS
Loans and investments
Loans (including overdrafts)
United States G o v e r n m e n t direct obligations
Obligations g u a r a n t e e d b y United S t a t e s G o v e r n m e n t . .
Obligations of S t a t e s and political subdivisions
Other bonds, notes, and debentures
Corporate stocks (including Federal Reserve Bank stock)

Total assets.
LIABILITIES

Total deposits.
D u e to own foreign branches
Bills payable, rediscounts, a n d other liabilities for borrowed
money
Acceptances o u t s t a n d i n g
Dividends declared b u t n o t yet payable
Income collected b u t not yet earned
Expenses accrued a n d u n p a i d
Other liabilities
Total liabilities
CAPITAL ACCOUNTS

Capital... .
Surplus
Undivided profits
Other capital a c c o u n t s .

-100

8,801,114

8,624,007

8,464,188

+177,107

Total liabilities and capital accounts.

131,391,523

127,297,475

132,060,472

+4,094,048

MEMORANDA
N e t d e m a n d deposits subject to reserve (see page 18).
D e m a n d deposits a d j u s t e d 1
Pledged assets (and securities loaned)
N u m b e r of b a n k s

80,209,758
72,151,898
11,671,462
6,918

77,298,285
70,051,375
11,332,915
6,925

80,822,042
73,527,697
10,038,160
6,923

+2,911,473
+2,100,523
+338,547

Total capital accounts

i D e m a n d deposits other t h a n interbank and United States Government, less cash items reported as in process of collection.




1

2.
A L L M E M B E R BANKS—ASSETS A N D LIABILITIES O N S E L E C T E D C A L L DATES,
D E C E M B E R 31, 1943 TO D E C E M B E R 31, 1948
[Amounts in thousands of dollars]
1943
Dec. 31
ASSETS
Loans a n d i n v e s t m e n t s
Loans (including overdrafts)
United States Government direct obligations
Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures. . .
Corporate stocks (including Federal
Reserve Bank stock)
Reserves, cash, a n d b a n k b a l a n c e s
Reserve with Federal Reserve Banks..
Cash in vault
Demand balances with banks in United
States (except private banks and
American branches of foreign banks).
Other balances with banks in United
States
Cash items in process of collection
Due from own foreign branches
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 but not yet collected
Other assets
T o ta l a s s e t s
LIABILITIES
Demand deposits
Individuals, partnerships, and corporaU. S. Government: War loan and Series
E bond accounts.
Other
States and political subdivisions
Banks in United States
Banks in foreign countries
Certified and officers' checks, cash letters of credit, and travelers' checks, etc.
Time deposits
Individuals, partnerships, and corporations
United States Government
Postal Savings
States and political subdivisions
Banks in United States
Banks in foreign countries
Total 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 but not yet p a y a b l e . . . .
Income collected but not yet earned
Expenses accrued and unpaid
Other liabilities
T o t a l liabilities
CAPITAL ACCOUNTS
Capital
Surplus
Undivided profits
Other capital accounts
T o t a l capital a c c o u n t s
T o t a l liabilities a n d c a p i t a l a c counts
MEMORANDA
Par or face value of capital
Capital notes and debentures.
First preferred stock
Second preferred stock
Common stock
Retirable value of capital: First preferred
stock
Second preferred
stock
Net demand deposits subject to reserve
(see page 18)
Demand deposits adjusted (see footnote on
page 1)
Pledged assets (and securities loaned)
Number of banks




1944
Dec. 30

1945
Dec. 31

1946
Dec. 31

1947
Dec. 31

1948
June 30

1948
Dec. 31

74,257,603
16,287,520

91,569,159
18,676,062

107,183,445
22,775,207

96,361,989
26,695,670

97,845,741
32,627,985

95,449,273
33,871,224

95,616,170
36,060,317

50,602,657

66,783,630

78,322,769

63,030,370

57,904,405

54,130,980

52,148,672

2,345,138

901,737

15,705

11,445

9,700

8,416

4,930

2,728,652
1,972,851

2,857,760
2,031,223

3,254,356
2,520,773

3,547,509
2,803,256

4,199,095
2,826,707

4,435,849
2,723,653

4,479,920
2,641,521

320,785
23,790,034
12,835,249
1,132,172

318,747
25,860,038
14,260,532
1,270,707

294,635
29,845,331
15,811,292
1,437,801

273,739
29,586,897
16,014,569
1,575,556

277,849
32,845,266
17,796,687
1,672,074

279,151
30,303,148
17,356,081
1,605,925

280,810
34,201,796
20,405,686
1,485,771

5,407,459

6,315,142

7,077,345

5,900,492

6,236,307

5,386,644

5,643,423

42,508
20,108
4,352,538
9,719

39,288
16,824
3,957,545
217

39,242
23,372
5,456,279
7,321

35,202
56,143
6,004,935
6,353

33,818
25,454
7,080,926
4,789

32,392
23,047
5,899,059
6,931

30,697
28,659
6,607,560
54,521

861,253
80,654

816,540
41,073

787,692
19,311

789,239
14,235

820,199
12,239

846,506
12,679

872,265
13,446

77,164
70,364
64,738
60,573
58,101
59,850
58,445
44,059
62,398
65,608
116,995
141,254
191,642
179,504
170,163
206,043
239,478
218,481
227,386
225,541
237,105
80,966
79,922
90,952
85,964
105,497
201,905
158,271
99,371,615 118,705,754 138,303,876 127,240,726 132,060,472 127,297,475 131,391,523
76,932,347

91,599,715 105,395,466

90,917,359

94,137,848

88,582,788

92,459,455

51,820,162

56,270,259

62,950,086

69,126,705

72,703,750

68,204,256

70,946,667

9,185,885
257,817
3,601,845
9,602,817
891,070

18,241,712
267,188
3,743,572
10,880,788
944,952

21,945,123
233,971
4,240,421
12,333,313
1,242,626

2,473,253
198,748
4,914,500
10,644,127
1,353,444

} 1,176,098
5,504,054
10,977,636
1,375,491

1,845,653
5,873,317
9,433,286
1,353,415

2,121,969
5,850,375
10,098,396
1,479,632

1,572,751
15,330,013

1,251,244
19,316,831

2,449,926
24,274,368

2,206,582
27,252,542

2,400,819
28,389,879

1,872,861
28,869,445

1,962,416
28,902,421

14,821,737
18,806,720 23,712,364 26,525,446 27,541,909 27,805,454 27,801,151
115,465
101,121
95,742
110,499
101,194
101,651
107,156
4,652
3,841
3,487
3,481
3,364
3,893
3,793
326,554
347,212
398,892
550,970
693,446
911,936
927,324
47,087
57,555
46,283
43,346
38,866
30,990
29,990
4,050
10,850
17,600
18,800
11,100
15,521
33,007
92,262,360 110,916,546 129,669,834 118,169,901 122,527,727 117,452,233 121,361,876
183,943
203,508
211,181
194,878
221,778
269,015
262,262
39,310
111,255
208,094
30,129
53,965
52,833
45,407
72,289
54,322
75,965
132,104
164,565
214,368
201,322
38,713
45,579
53,023
53,132
55,509
51,839
56,225
35,992
36,728
46,244
81,354
124,737
144,876
159,704
263,348
185,555
346,321
356,375
306.501
313,648
317,882
76,621
108,290
104,290
128,062
141.502
174,656
185,731
92,896,381 111,737,978 130,714,952 119,145,935 123,596,284 118,673,468 122,590,409
2,416,374
2,769,777
865,993
423,090
6,475,234
99,371,615

2,469,041
3,047,594
1,008,503
442,638
6,967,776

2,592,364
3,383,332
1,115,849
497,379
7,588,924

2,691,775
3,595,445
1,287,268
520,303
8,094,791

118,705,754 138,303,876

127,240,726

2,730,394
3,823,530
1,409,515
500,749
8,464,188

2,754,141
3,885,248
1,524,489
460,129
8,624,007

2,781,808
3,969,572
1,601,946
447,788
8,801,114

132,060,472 127,297,475 131,391,523

2,417,531
32,431
179,834
13,311
2,191,955

2,469,723
29,273
143,240
9,077
2,288,133

2,592,773
27,438
107,205
7,035
2,451,095

2,691,986
21,642
77,382
6,045
2,586,917

2,730,477
17,363
59,928
4,528
2,648,658

2,754,200
15,426
55,294
4,074
2,679,406

2,781,808
10,604
54,719
3,879
2,712,606

266,140

227,897

176,310

133,945

111,426

106,138

104,816

19,107

14,425

11,948

10,558

8,398

7,868

7,672

57,989,934

63,087,686

70,918,241

76,540,041

80,822,042

77,298,285

80,209,758

52,642,220
16,890,343
6,738

57,307,530
25,516,110
6,814

64,184,154
29,872,453
6,884

70,242,852
11,764,847
6,900

73,527,697
10,038,160
6,923

70,051,375
11,332,915
6,925

72,151,898
11,671,462
6,918

3
A L L M E M B E R BANKS—ASSETS A N D LIABILITIES O N D E C E M B E R 31, 1948,
BY CLASS OF BANK
[Amounts in thousands of dollars]
Central re;serve city
member banks 1

Reserve
city
member
banks 1

Country
member

All
member
banks

New York
ASSETS
Loans and i n v e s t m e n t s
Loans (including overdrafts)
United States Government direct obligations. .
Obligations guaranteed by United States Gov-

Chicago

18,759,251
8,047,564
9,649,017

4,799,237 35,331,756 36,725,926
1,783,280 14,284,807 11,944,666
2,632,727 18,593,396 21,273,532

95,616,170
36,060,317
52,148,672
4,930
4,479,920
2,641,521

Obligations of States and political subdivisions.
Other bonds, notes, and debentures
Corporate stocks (including Federal Reserve
Bank stock)

562,634
406,506

Reserves, cash, a n d b a n k b a l a n c e s
Reserve with Federal Reserve Banks
Cash in vault
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
Cash items in process of collection

7,757,543
5,642,777
116,951

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 but not yet collected
Other assets
T o ta l a s s e t s
LIABILITIES
Demand deposits
Individuals, partnerships, and corporations
United State Government
States and political subdivisions
Banks in United States
Banks in foreign countries
Certified and officers' checks, cash letters of
credit, and travelers' checks, etc
Time deposits
Individuals, partnerships, and c o r p o r a t i o n s . . . .
United States Government
States and political subdivisions
Banks in United States
Banks in foreign countries
Tot al 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 but not yet payable
Income collected but not yet earned
Expenses accrued and unpaid
Other liabilities
T o ta l liabilities

93,530

89,822

2,077
1,294,380
745,949

86,666

280,810

159,716

121,094

1,931,618 13,317,099 11,195,536
7,701,339 5,736,428
1,325,142
858,285
27,687
482,848

34,201,796
20,405,686
1,485,771

22,974,199
13,356,866
1,025,152

11,227,597
7,048,820
460,619

3,607,541
11,641
2,052
979,589

5,643,423
30,697
28,659
6,607,560

4,303,178
22,840
16,271
4,249,892

1,340,245
7,857
12,388
2,357,668

47,897
157,016
476

16,671

6,624
319,788
7,166

378,790
5,804

54,521
872,265
13,446

53,464
571,276
9,458

1,057
300,989
3,988

3,390
104,689
60,192
65,127

276
6,043
16,418
3,407

43,304
65,599
109,772
53,926

11,475
3,173
50,723
35,811

58,445
179,504
237,105
158,271

43,794
113,088
152,012
117,529

14,651
66,416
85,093
40,742

26,955,581

6,773,670 49,255,034 48,407,238 131,391,523

87,880,035 43,511,488

22,313,141
16,695,463
444,785
240,883
2,903,830
1,278,061

5,291,607 34,533,468 30,321,239
3,701,856 25,301,727 25,247,621
687,657
188,324
801,203
284,158 2,400,550 2,924,784
943,214
1,038,025 5,213,327
7,718
26,276
167,577

92,459,455
70,946,667
2,121,969
5,850,375
TO,098,396
1,479,632

61,813,670 30,645,785
46,931,088 24,015,579
1,380,644
741,325
4,474,838
1,375,537
7,044,847
3,053,549
749,004
730,628

750,119
1,710,933
1,645,559
14,253
19,704
910
30,507
24,024,074

510,245

1,962,416

1,233,249

729,167

1,001,014 11,409,415 14,781,059
989,114 10,797,529 14,368,949
46,758
900
45,245
2,671
1,122
349,759
11,000
546,861
12,922
16,158
2,500

28,902,421
27,801,151
107,156
3,793
927,324
29,990
33,007

19,593,167
18,714,101
89,913
2,705
738,016
24,763
23,669

9,309,254
9,087,050
17,243
1,088
189,308
5,227
9,338

52,968

649,084

6,292,621 45,942,883 45,102,298 121,361,876

242,021
25,200
118,277
21,637
17,115
71,168
129,759

7,787
73,300
16,685
78,226
153,147
35,117

24,649,251

T o t a l liabilities a n d c a p i t a l a c c o u n t s . . . 26,955,581

6,431
1,650
4,897
18,236
6,109

20,011

41,330
127,328
36,468
108,944
215,874
43,516

4,077
73,994
19,757
50,760
102,008
142,215

957,743
1,261,253
529,626
179,026

1,052,543
1,310,469
587,616
172,782

2,781,808
3,969,572
1,601,946
447,788

443,726

2,927,648

3,123,410

8,801,114

6,773,670 49,255,034 48,407,238 131,391,523

82,222,548 40,367,861
1,824,209
2,505,645
1,007,982
319,651

957,599
1,463,927
593,964
128,137

5,657,487

3,143,627

87,880,035 43,511,488

957,743
2,150
20,179
150
935,264

1,052,543
7,457
33,040
3,729
1,008,317

2,781,808
10,604
54,719
3,879
2,712,606

1,824,209
22,030
1,915
1,800,264

957,599
10,604
32,689
1,964
912,342

20,936
150

82,380
7,522

104,816
7,672

31,657
2,927

73,159
4,745

4,714,899 29,424,722 25,735,011
3,603,843 25,071,870 27,703,061
601,832 5,302,280 4,542,777
6,535
335
13

80,209,758
72,151,898
11,671,462
6,918

608,775

160,250

1,500

1,500

See contents page for basis of classification of member banks.

242,251

45,407
201,322
56,225
159,704
317,882
185,731

161,750
193,600
42,733
45,643

161,750

20,335,126
15,773,124
1,224,573
35

12,420
3,314
16,253
59,466
75,331
14,746

6,329,944 46,327,386 45,283,828 122,590,409

609,772
997

Retirable value of capital: First preferred stock. . . .
Second preferred stock.

81,406,837 39,955,039

262,262

20,241

2,306,330

1

10,792

2,853
3,185,540
1,895,572

1,829,639
15,254
8,528
3,279,491

Total capital accounts




4,204
2,286,331
1,130,527

63,845,215 31,770,955
23,751,891 12,308,426
34,849,643 17,299,029

141,569
1,247
834
435,139

609,772
1,204,250
441,971
50,337

Net demand deposits subject to reserve (see page 18)
Demand deposits adjusted (see footnote on page 1).
Pledged assets (and securities loaned)
Number of banks

726
1,421,251
941,754

All State
member
banks

64,674
2,555
17,245
1,913,341

CAPITAL ACCOUNTS
Capital
Surplus
Undivided profits
Other capital accounts

MEMORANDA
Par or face value of capital
Capital notes and debentures
First preferred stock
Second preferred stock
Common stock

209,704
162,734

All
national
member

53,260,610 26,949,148
48,389,283 23,762,615
2,827,567
8,843,895
1,927
4,991

A L L M E M B E R BANKS—ASSETS A N D LIABILITIES O N D E C E M B E R 31, 1948,
B Y F E D E R A L R E S E R V E DISTRICTS
[Amounts in thousands of dollars]
Federal Reserve district
Total, all
districts

ASSETS
Loans and investments
Loans (including o v e r d r a f t s )
United S t a t e s G o v e r n m e n t direct obligations. .
Obligations g u a r a n t e e d by United S t a t e s Government
Obligations of S t a t e s a n d political subdivisions.
Other bonds, notes, a n d d e b e n t u r e s
C o r p o r a t e stocks (including Federal Reserve
Bank stock)

95,616,170
36,060,317
52,148,672
4,930
4,479,920
2,641,521

Boston

New York

4,554,994 26,014,349
1,724,349 10,455,760
2,588,756 13,805,304
291
112,339
115,987

2,906
977,561
653,796

Philadelphia

Cleveland

Richmond

5,343,478
1,741,752
2,994,843

8,010,811
2,655,610
4,593,397

4,302,496
1,586,079
2,453,260

362
281,698
303,642

510
360,157
372,370

32
127,949
125,327

280,810

13,272

119,022

21,181

28,767

9,849

Reserves, cash, a n d b a n k b a l a n c e s
Reserves with Federal Reserve Banks
Cash in v a u l t
D e m a n d balances w i t h b a n k s in U n i t e d S t a t e s
(except p r i v a t e b a n k s and American branches
of foreign banks)
Other balances with b a n k s in U n i t e d S t a t e s . . .
Balances with b a n k s in foreign countries
Cash items in process of collection

34,201,796
20,405,686
1,485,771

1,488,075
855,570

9,499,804
6,678,807
260,959

1,644,969
957,282
101,680

2,536,687
1,490,476
173,665

1,646,057
849,151
113,000

5,643,423
30,697
28,659
6,607,560

230,831
981
298,285

378,426
3,837
18,238
2,159,537

279,060
1,412
1,024
304,511

446,886
1,640
1,302
422,718

365,083
902
78
317,843

D u e from own foreign branches
Bank premises owned a n d f u r n i t u r e a n d f i x t u r e s . . .
Other real e s t a t e owned
I n v e s t m e n t s and other assets indirectly representing
bank premises or other real e s t a t e
Customers' liability on acceptances
Income accrued b u t not yet collected
Other assets

54,521
872,265
13,446

6,624
52,696
354

47,897
248,090
1,663

60,758
842

86,269
207

50,797
921

58,445
179,504
237,105
158,271

1,733
25,870
11,406
4,378

6,901
105,197
78,883
74,583

4,387
4,482
10,100
11,333

2,851
1,282
16,930
5,071

2,803
410
6,736
8,119

131,391,523

6,146,130

36,077,367

7,080,349

10,660,108

6,018,339

4,301,319 27,093,436
3,492,038 20,588,837
102,246
584,191
259,263
774,288
334,917
3,012,391
20,517
1,281,368

4,486,520
3,714,433
113,536
217,358
369,100
12,067

6,619,015
5,512,399
205,685
318,883
474,969
5,610

4,311,648
3,335,924
99,500
340,823
447,657
5,950

Total assets

LIABILITIES
92,459,455
Demand deposits
Individuals, partnerships, a n d corporations. . . . 7 0 , 9 4 6 , 6 6 7
2,121,969
United S t a t e s G o v e r n m e n t
5,850,375
States a n d political subdivisions
10,098,396
Banks in U n i t e d S t a t e s
1,479,632
Banks in foreign countries
Certified a n d officers' checks, cash letters of
1,962,416
credit, a n d travelers' checks, etc
Time deposits
Individuals, partnerships, and c o r p o r a t i o n s . . . .
United S t a t e s G o v e r n m e n t
Postal Savings
States and political subdivisions
Banks in United S t a t e s
Banks in foreign countries
Total deposits
D u e to own foreign branches
Bills payable, rediscounts, a n d other liabilities for
borrowed money
Acceptances o u t s t a n d i n g
Dividends declared b u t not yet payable
Income collected b u t not yet earned
Expenses accrued and u n p a i d
Other liabilities
Total liabilities
CAPITAL ACCOUNTS

Capital
Surplus
Undivided profits
Other capital accounts

Total capital accounts

101,226

1,182

92,338

852,361

60,026

101,469

81,794

28,902,421
27,801,151
107,156
3,793
927,324
29,990
33,007

1,266,109
1,255,466
6,001
233
4,313
96

350,818
240,782
23,668
15
52,337
3,509
30,507

1,930,358
1,842,932
1,521
190
85,531
184

3,189,871
3,037,497
1,857
512
146,572
3,433

1,292,999
1,249,421
16,106
240
25,808
1,424

121,361,876

5,567,428

32,444,254

6,416,878

9,808,886

5,604,647

262,262

242,021

45,407
201,322
56,225
159,704
317,882
185,731

1,340
26,644
5,258
9,990
18,742
8,011

28,385
118,785
24,135
37,014
88,268
135,810

1,997
4,816
4,178
8,660
14,412
3,619

800
1,298
2,177
12,040
26,036
3,957

1,465
410
2,744
6,566
13,113
6,521

122,590,409

5,637,413

33,118,672

6,454,560

9,855,194

5,635,466

2,781,808
3,969,572
1,601,946
447,788

158,037
224,886
85,361
40,433

843,868
1,473,902
554,435
86,490

184,622
308,650
107,609
24,908

270,282
369,476
119,819
45,337

119,407
175,199
65,162
23,105

8,801,114

508,717

MEMORANDA
P a r or face value of capital
Capital notes and debentures
First preferred stock
Second preferred stock
C o m m o n stock

2,958,695

625,789

804,914

382,873

36,077,367

T o t a l l i a b i l i t i e s a n d c a p i t a l a c c o u n t s . . . . 131,391,523

7,080,349

10,660,108

6,018,339

843,868
8,056
22,021

184,622

270,282
179
7,000

119,407
224
801
15
118,367

2,781,808
10,604
54,719
3,879
2,712,606

158,037
458
580
156,999

811,970

1,821

898
179,683

Retirable value of capital: First preferred stock. . . .
Second preferred s t o c k . .

104,816
7,672

669
,330

64,569
4,264

10,178
1,498

7,000

810
15

N e t d e m a n d deposits subject to reserve (see page 18).
D e m a n d deposits a d j u s t e d (see footnote on page 1). .
Pledged assets (and securities loaned)
N u m b e r of b a n k s

80,209,758
72,151,898
11,671,462
6,918

3,772,362
3,545,354
311,572
337

24,555,473
20,055,949
1,896,593
783

3,902,949
3,687,306
736,374
645

5,749,411
5,510,033
1,090,459
704

3,628,722
3,440,698
722,009
478




4,041

263,103

'

5

A L L M E M B E R BANKS—ASSETS A N D LIABILITIES O N D E C E M B E R 31, 1948,
BY F E D E R A L R E S E R V E DISTRICTS
[Amounts in thousands of dollars]
Federal Reserve district
Chicago
ASSETS
Loans a n d i n v e s t m e n t s
Loans (including overdrafts)
United States Government direct obligations
Obligations guaranteed by United States Government.
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks (including Federal Reserve Bank
stock)

14,908,210
4,556,972
9,077,274
232
779,852
467,085

St. Louis

3,720,352
1,534,629
1,869,199
144
197,495
108,561

Minneapolis

Kansas
City

Dallas

San
Francisco

2,733,113
883,789
1,646,587
67
111,607
86,576

4,273,009
1,507,610
2,376,650
140
278,737
102,646

4,269,182
1,835,718
2,122,537
78
249,464
52,718

13,287,333
6,032,044
6,366,221
132
691,936
175,184

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
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 but not yet collected
Other assets
Total assets
LIABILITIES

D e m a n d deposits
Individuals, partnerships, and corporations. . *
United States Government
States and political subdivisions
Banks in United States
Banks in foreign countries
Certified and officers' checks, cash letters of credit, and
travelers' checks, etc

26,795

10,324

4,487

7,226

8,667

21,816

5,129,418
3,087,774
230,756

1,477,020
773,192
63,691

960,939
499,877
38,802

1,957,927
934,309
61,987

2,164,652
966,494
81,347

3,899,490
2,419,087
159,560

914,201
2,342
1,662
892,683

365,605
198
40
274,294

247,222
2,346
473
172,219

663,813
4,547
63
293,208

809,901
5,750
942
300,218

456,979
5,009
3,648
855,207

82,522
870

26,806
2,125

14,303
542

26,072
304

52,067
2,716

120,582
844

5,156
6,994
36,995
14,089

166
826
5,656
5,881

3,987
422
7,399
3,199

840
309
6,551
4,932

3,429
7,102
4,646
2,849

25,444
20,088
41,521
18,761

20,184,254

Reserves, cash, and b a n k b a l a n c e s
Reserve with Federal Reserve Banks

5,238,832

3,723,904

6,269,944

6,506,643

17,414,063

13,428,540
10,294,207
464,376
920,465
1,527,495
31,938

3,969,597
2,831,936
80,538
262,968
757,528
3,824

2,560,172
1,882,291
53,306
265,771
324,870
2,397

5,242,835
3,721,527
91,323
496,214
872,755
1,475

5,535,386
4,055,431
63,257
476,202
801,068
6,575

10,304,275
8,320,449
194,792
913,022
503,258
96,072

31,537

59,541

132,853

276,682

940,781
929,467
1,040
177
4,336
5,761

667,666
654,483
4,856
204
5,206
2,917

603,434
506,314
7,605
381
86,688
2,446

6,086,559
5,724,081
21,727
432
335,419
2,400
2,500

4,918,654

3,500,953

5,910,501

6,138,820

16,390,834

2,225
7,421
4,680
24,425
40,541
12,052

1,350
968
1,867
6,315
8,715
1,782

175
422
421
8,006
8,380
1,859

7,035
310
1,811
3,683
8,900
613

8,484
2,291
2,288
12,050
320

600
23,385
3,241
31,795
65,831
10,262

19,053,564

4,939,651

3,520,216

5,932,853

6,164,253

16,546,189

380,704
472,612
177,421
99,953

Total deposits

32,803
949,057
909,043
1,912
244
37,596
262

18,962,220

T i m e deposits
Individuals, partnerships, and corporations
United States Government
Postal Savings
States and political subdivisions
Banks in United States

190,059
5,533,680
5,392,055
12,511
778
126,594
1,742

104,673
120,458
63,964
10,086

64,504
85,556
37,327
16,301

109,733
125,203
82,078
20,077

127,576
136,392
59,762
18,660

304,923
324,611
195,632
42,708

20,241
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
Total liabilities
Capital

CAPITAL ACCOUNTS

Undivided profits
Other capital accounts

1,130,690

Total liabilities and capital a c c o u n t s
MEMORANDA
Par or face value of capital
Capital notes and debentures
^ppntirl r»rpfprrpd sfnfk"
Common stock
Retirable value of capital: First preferred stock
r1 nrpfprrpH Q
f
Net demand deposits subject to reserve (see page 18)
Demand deposits adjusted (see footnote on page 1)
Pledged assets (and securities loaned)




..
...

299,181

203,688

337,091

342,390

867,874

20,184,254

Total capital a c c o u n t s

5,238,832

3,723,904

6,269,944

6,506,643

17,414,063

380,704
1 ,419
7,692
300
371,293

104,673
606
705
225
103,137

64,504
40
1,178
25
63,261

109,733

127,576
70
519

304,923
10
9,238

126,987

295,675

7,722
300

705
225

1,178
25

173
15

954

9,965

11,622,255
10,512,048
1,376,853
1,006

3,329,698
2,853,413
420,832
495

2,140,731
2,007,380
503,544
476

4,285,824
3,984,074
785,666
761

4.425.267
4.364.268
761,451
618

8,992,607
8,654,946
2,100,742
269

173
15
109,545

6
A L L M E M B E R BANKS—CLASSIFICATION O F L O A N S A N D U N I T E D S T A T E S
G O V E R N M E N T D I R E C T OBLIGATIONS
[In thousands of dollars]
All member banks on selected call dates
1943
Dec. 31
Loans—net

1944
Dec. 30

1945
Dec. 31

1946
Dec. 31

1947
Dec. 31

1948
June 30

1948
Dec. 31

16,287,520

18,676,062

22,775,207

26,695,670

32,627,985

33,871,224
296,438
34,167,662

36,060,317
363,012
36,423,329

7,530,983

8,948,919

13,154,271

16,962,393

16,733,811

17,630,827

629,977
567,698

215,502
639,653

74,303
809,938

43,548
1,002,663

15,316
1,225,463

582,390
1,217,300

2,248,714

3,133,229

1,505,534

810,737

1,171,482

1,324,123

2,108,273
243,247

3,378,017
276,809

1,466,920
385,049

1,064,666
447,431

956,267
479,551

834,381
476,332

2,389,755
575,513

2,522,079
656,286

3,903,481
1,068,778

5,380,658
1,302,410

5,882,780
1,414,249

6,263,724
1,503,928

392,006
281,449

756,608
479,516

993,911
598,303

1,143,320
692,214

268,246
503,594
1,862,259
79,473
940,369

479,017
711,897
2,234,633
113,026
838,782

559,719
787,116
2,309,726
159,261
880,707

628,165
815,677
2,305,170
119,962
885,816

63,030,370
1,166,986
10,042,725
5,601,684
725,447
10,939,012
26,333,697
5,853,030
2,367,789

57,904,405
1,987,334
5,816,421
4,814,950
1,101,937
15,727,684
19,674,381
6,673,306
2,108,392

54,130,980
2,188,224
7,597,146
4,103,753
1,086,599
11,319,207
19,906,607
5,984,322
1,945,122

52,148,672
2,587,686
7,999,315
2,800,214
1,348,923
16,515,388
13,388,994
5,859,845
1,648,307

Commercial and industrial loans, in7,420,746
cluding open-market paper 2
Loans to farmers directly guaranteed by
the Commodity Credit Corporation 2 .
461,140
561,824
Other loans to farmers 2
Loans to brokers and dealers in securi1,398,236
ties
Other loans for purchasing or carrying
839,330
securities
245,598
Real-estate loans: On farm land
On residential property
2,418,705
On other properties..
609,907
Other loans to individuals:
115,695
Retail automobile instalment paper
]
Other retail instalment paper
Repair and modernization instal156,872
j
ment loans
215,534
Instalment cash loans
995,578
Single-payment loans
57,426
Loans to banks
All other loans (including overdrafts). .
790,929
United States G o v e r n m e n t direct obli50,602,657
gations
4,360,425
Treasury bills
Treasury certificates of indebtedness. . . 12,071,167
6,906,023
Treasury notes
170,761
Nonmarketable bonds 3
5,259,443
Other bonds maturing in 5 years or less.
Other bonds maturing in 5 to 10 years. 14,914,737
5,563,960
Other bonds maturing in 10 to 20 years.
Bonds maturing after 20 years
1,356,141

126,068

168,876

159,777

223,767

224,694
994,743
58,751
817,869

291,719
1,216,079
47,002
1,057,270

66,783,630
3,747,838
13,981,556
14,126,875
455,407
5,308,973
22,466,622
5,117,870
1,578,489

78,322,769
2,274,951
16,984,827
14,271,270
728,671
7,897,223
28,656,315
5,357,276
2,152,236

(

I
[

By class of bank December 31, 1948
Central reserve city
member banks 4

Reserve
city
member
banks 4

Country
member
banks 4

All
member
banks

All
national
member
banks

All State
member
banks

New York
Loans—net
Reserves
Loans—gross
Commercial and industrial loans, including open-market paper
Loans to farmers directly guaranteed
by the Commodity Credit Corporation
Other loans to farmers
Loans to brokers and dealers in securities
Other loans for purchasing or carrying
securities
Real-estate loans: On farm land
On residential property
On other properties.
Other loans to individuals:
Retail automobile instalment paper
Other retail instalment paper. . . .
Repair and modernization instalment loans
' Instalment cash loans
Single-payment loans
Loans to banks
All other loans (including overdrafts). .
U n i t e d S t a t e s G o v e r n m e n t direct obligations
Treasury bills
Treasury certificates of indebtedness. .
Treasury notes
Nonmarketable bonds
Other bonds maturing in 5 years or less.
Other bonds maturing 5 to 10 years . . .
Other bonds maturing in 10 to 20 years.
Bonds maturing after 20 years

Chicago

8,047,564
96,427
8,143,991

1,783,280
19,943
1,803,223

14,284,807
153,300
14,438,107

11,944,666
93,342
12,038,008

36,060,317
363,012
36,423,329

23,751,891
233,798
23,985,689

12,308,426
129,214
12,437,640

5,641,517

1,411,964

7,281,662

3,295,684

17,630,827

11,546,408

6,084,419

2,555

197
3,771

160,594
276,415

421,599
934,559

582,390
1,217,300

482,020
959,861

100,370
257,439

1,102,415

71,228

129,873

20,607

1,324,123

548,782

775,341

225,040
25

62,537
782

359,975
79,931

186,829
395,594

834,381
476,332

488,176
337,787

346,205
138,545

159,784
63,828

31,438
18,539

2,833,953
588,896

3,238,549
832,665

6,263,724
1,503,928

4,217,319
982,392

2,046,405
521,536

37,603
109,397

36,000
41,802

519,722
313,509

549,995
227,506

1,143,320
692,214

807,644
520,348

335,676
171,866

60,697
88,479
346,847
103,537
202,267

20,935
10,049
67,313
97
26,571

305,786
298,035
877,744
13,654
398,358

240,747
419,114
1,013,266
2,674
258,620

628,165
815,677
2,305,170
119,962
885,816

457,417
588,365
1,410,030
27,062
612,078

170,748
227,312
895,140
92,900
273,738

9,649,017
588,731
1,183,248
365,465
22,717
3,063,163
3,254,836
1,081,825
89,032

2,632,727
182,906
275,344
216,789
15,302
728,812
595,929
615,049
2,596

18,593,396
1,055,762
3,200,601
1,090,368
239,676
5,869,734
4,463,517
2,185,013
488,725

21,273,532
760,287
3,340,122
1,127,592
1,071,228
6,853,679
5,074,712
1,977,958
1,067,954

52,148,672
2,587,686
7,999,315
2,800,214
1,348,923
16,515,388
13,388,994
5,859,845
1,648,307

34,849,643
1,576,290
5,616,971
1,960,932
1,005,348
11,050,328
8,759,113
3,706,960
1,173,701

17,299,029
1,011,396
2,382,344
839,282
343,575
5,465,060
4,629,881
2,152,885
474,606

1
Beginning June 30, 1948, figures for various loan items are shown gross (i.e., before deduction of valuation reserves), and are not entirely
comparable with prior figures.
2
During the period December 31, 1943-June 30, 1945 the item corresponding to the present item "Loans to farmers directly guaranteed by
the Commodity Credit Corporation" included loans to dealers, processors,' and farmers' cooperatives covered by purchase agreements with the
Commodity Credit Corporation, which are now classified as commercial and industrial loans, and loans to farmers with similar indirect guarantees which are now classified as other loans to farmers; consequently, December 31, 1945 and subsequent figures may not be entirely comparable
with 3prior figures.
Prior to December 31, 1947, this item included United States savings bonds only; depositary bonds were included with other United States
bonds according to maturity.
4
See contents page for basis of classification of member banks.




7
A L L M E M B E R BANKS—CLASSIFICATION O F L O A N S A N D U N I T E D S T A T E S
G O V E R N M E N T D I R E C T OBLIGATIONS
[In thousands of dollars]
By Federal Reserve districts, December 31, 1948
Total, all
districts

Boston

New York

Philadelphia

Cleveland

Richmond

Atlanta

Loans—net
Reserves
Loans—gross
Commercial a n d industrial loans including
open-market paper
Loans to f a r m e r s directly g u a r a n t e e d by t h e
C o m m o d i t y C r e d i t Corporation
Other loans to f a r m e r s
Loans to brokers and dealers in securities.
Other loans for purchasing or carrying securities
Real-estate loans: On f a r m land
On residential p r o p e r t y . . .
On other properties
Other loans to individuals:
Retail automobile instalment paper
Other retail instalment paper
Repair a n d modernization instalment
loans
I n s t a l m e n t cash loans
Single-payment loans
Loans to b a n k s
All other loans (including overdrafts)

36,060,317
363,012
36,423,329

1,724,349
22,896
1,747,245

10,455,760
127,294
10,583,054

1,741,752
14,102
1,755,854

2,655,610
23,824
2,679,434

1,586,079
1,597,890

11,811

1,546,005
13,338
1,559,343

17,630,827

907,608

6,384,872

737,035

1,141,577

590,810

731,044

582,390
1,217,300
1,324,123

7,919
16,409
37,815

1,540
50,982
1,113,311

461
33,202
18,398

2,395
48,594
24,375

14,435
34,351
7,867

52,453
40,077
8,105

834,381
476,332
6,263,724
1,503,928

40,042
11,066
224,814
119,702

272,487
29,132
959,976
225,813

25,094
30,499
363,031
108.025

80,919
66,809
630,555
152,911

49,741
41,231
338,659
118,029

73,327
22,566
138,682
71,079

1,143,320
692,214

47,560
32,315

125,792
176,890

52,942
47,038

90,801
40,235

62,147
21,225

71,428
31,012

628,165
815,677
2,305,170
119,962
885,816

31,178
48,714
169,066
1,851
51,186

147,825
189,348
539,008
104,027
262,051

40,730
62,735
191,266
673
44,725

50,437
89,225
201,125
1,107
58,369

18,103
53,968
191,916
1,808
53,600

27,574
47,853
182,723
3,890
57,530

United States G o v e r n m e n t direct obligations
T r e a s u r y bills
Treasury certificates of indebtedness
T r e a s u r y notes
Nonmarketable bonds.
Other bonds m a t u r i n g in 5 years or less
Other bonds m a t u r i n g in 5 to 10 years
Other bonds m a t u r i n g in 10 to 20 years
Bonds m a t u r i n g a f t e r 20 years

52,148,672
2,587,686
7,999,315
2,800,214
1,348,923
16,515,388
13,388,994
5,859,845
1,648,307

2,588,756
165,978
335,034
134,304
64,626
691,898
633,782
485,713
77,421

13,805,304
739,102
1,522,653
496,361
168,317
4,272,225
4,443,266
1,712,808
450,572

2,994,843
189.026
283,968
135,443
124,338
821,283
743,618
484,260
212,907

4,593,397
196,109
544,758
264,227
127,448
1,501,514
1,207,865
589,193
162,283

2,453,260
102,183
369,810
102,810
115,928
836,005
625,514
222,877
78,133

2,254,644
64,064
516,519
134,181
59,210
688,856
493,050
143,800
154,964

By Federal Reserve districts, December 31, 1948—Continued
Chicago

St. Louis

Minneapolis

Kansas
City

Dallas

San
Francisco

4,556,972
Loans—net
42,967
Reserves
4,599,939
Loans—gross
Commercial and industrial loans, including open-market paper 2 , 2 8 1 , 7 1 3
Loans to f a r m e r s directly g u a r a n t e e d by the C o m m o d i t y
29,020
Credit Corporation
159,900
Other loans to f a r m e r s
76,390
Loans to brokers and dealers in securities
102,892
Other loans for purchasing or carrying securities
75,898
Real-estate loans: On f a r m land
877,076
On r e s i d e n t i a l property
192,824
On other properties
Other loans to individuals:
170,895
Retail automobile instalment paper
92,406
Other retail instalment paper
103,287
Repair and modernization instalment loans
76,435
I n s t a l m e n t cash loans
268,982
Single-payment loans
430
Loans to b a n k s
91,791
All other loans (including overdrafts)

1,534,629
11,223
1,545,852
704,823

883,789
8,001
891,790
306,023

1,507,610
7,394
1,515,004
580,407

1,835,718
11,451
1,847,169
979,454

6,032,044
68,711
6,100,755
2,285,461

60,939
70,080
5,769
29,751
32,199
238,716
71,282

75,746
82,418
3,690
18,465
18,515
158,402
35,070

155,416
263,925
4,159
20,666
31,328
150,501
57,368

86,501
146,907
7,118
70,569
23,691
108,777
61,557

95,565
270,455
17,126
50,428
93,398
2,074,535
290,268

56,600
32,544
24,455
27,728
151,402
875
38,689

36,413
30,520
40,207
16,601
36,225
40
33,455

53,929
22,873
17,313
28,728
96,930
763
30,698

81,185
31,983
17,966
46,853
127,404
615
56,589

293,628
133,173
109,090
127,489
149,123
3,883
107,133

9,077,274
423,462
1,312,193
658,554
269,231
2,931,323
2,095,369
1,197,721
189,421

1,869,199
91,676
388,432
126,353
72,856
590,657
435,012
124,309
39,904

1,646,587
55,392
324,822
93,558
102,616
580,400
356,811
103,993
28,995

2,376,650
184,942
608,788
189,085
94,056
735,725
364,042
152,641
47,371

2,122,537
121,711
583,632
149,952
41,791
655,879
423,402
82,928
63,242

6,366,221
254,041
1,208,706
315,386
108,506
2,209,623
1,567,263
559,602
143,094

United States Government direct obligations
T r e a s u r y bills
T r e a s u r y certificate of indebtedness
T r e a s u r y notes
N o n m a r k e t a b l e bonds
Other bonds m a t u r i n g in 5 years or less
Other bonds m a t u r i n g in 5 to 10 years
Other bonds m a t u r i n g in 10 to 20 years
Bonds m a t u r i n g a f t e r 20 years




8
R E S E R V E CITY BANKS 1 —CLASSIFICATION OF L O A N S A N D U N I T E D STATES
G O V E R N M E N T D I R E C T OBLIGATIONS
[In thousands of dollars]
By Federal Reserve districts, December 31, 1948

Total, all
reserve
city b a n k s

Loans—net
Reserves
Loans—gross
Commercial and industrial loans, including
open-market paper
Loans to farmers directly guaranteed by the
Commodity Credit Corporation
Loans to brokers and dealers in s e c u r i t i e s . . . .
Other loans for purchasing or carrying securities
On residential property
On other properties
Other loans to individuals:
Retail automobile instalment paper
Other retail instalment paper
Repair and modernization instalment
loans
Instalment cash loans
Single-payment loans
All other loans (including overdrafts)
United S t a t e s G o v e r n m e n t direct o b l i g a t i o n s .
Treasury bills
Treasury certificates of indebtedness
Treasury notes
Nonmarketable bonds
Other bonds maturing in 5 years or less
Other bonds maturing in 5 to 10 years
Other bonds maturing in 10 to 20 years
Bonds maturing after 20 years

Boston

14,284,807
153,300
14,438,107

769,527
13,178
782,705

294,249
7,417
301,666

746,342
7,488
753,830

1,578,001
16,036
1,594,037

663,685
5,508
669,193

738,780
7,492
746,272

7,281,662

534,185

160,776

462,605

922,329

312,797

403,320

160,594
276,415
129,873

1,004
36,743

722
2,488

16,003

58
652
24,133

4
640
5,336

15,832
4,375
5,814

359,975
79,931
2,833,953
588,896

25,035
38,225

11,664
585
58,541
19,428

6,913
120
26,273
14,769

60,026
2,986
231,400
66,212

29,297
2,519
102,499
50,823

50,686
1,880
29.307
26,162

519,722
313,509

11,054
17,805

8,202
9,409

21,498
31,022

34,429
20,772

27,740
8,501

31,753
15,475

305,786
298,035
877,744
13,654
398,358

13,747
6,589
57,941
800
19,597

4,329
4,648
15,849
5,025

22,485
18,581
109,911
670
22,980

31,645
49,285
107,395
997
41,718

9,772
18,204
67,659
1,573
31,829

14,001
19,458
89,556
3,345
35.308

18,593,396
1,055,762
3,200,601
1,090,368
239,676
5,869,734
4,463,517
2,185,013
488,725

863,547
98,522
153,426
65,945
5,898
156,196
132,478
248,574
2,508

376,417
16,120
27,323
13,315
3,264
114,139
103,914
61,359
36,983

947,852
108,587
68,137
42,704
2,934
284,470
210,898
188,097
42,025

2,586,372
121,902
287,814
162,498
19,173
808,964
707,865
421,559
56,597

1,134,771
62,744
136,471
36,811
33,909
399,400
314,018
130,598
20,820

921,034
23,822
230,558
51,706
10,038
277,969
194,890
69,187
62,864

19,980

New York

Philadelphia

Cleveland

Richmond

2

Atlanta

2

By Federal Reserve districts, December 31, 1948—Continued
Chicago

St. Louis

Minneapolis

Kansas
City

Dallas

San
Francisco 2

Loans—net
Reserves
Loans—gross
Commercial and industrial loans, including open-market paper
Loans to farmers directly guaranteed by the Commodity
Credit Corporation
Other loans to farmers
Loans to brokers and dealers in securities
Other loans for purchasing or carrying securities
Real-estate loans: On farm land
On residential property
On other properties
Other loans to individuals:
Retail automobile instalment paper
Other retail instalment paper
Repair and modernization instalment loans
Instalment cash loans
Single-payment loans
Loans to banks
All other loans (including overdrafts)

1,208,215
11,535
1,219,750
536,999

921,982
7,299
929,281
560,267

365,327
4,215
369,542
195,872

850,091
4,153
854,244
452,216

1,073,517
7,109
1,080,626
727,589

5,075,091
61,870
5,136,961
2,012,707

2,449
5,500
4,712
24,050
3,182
313,076
52,404

32,465
7,157
5,471
19,770
1,553
76,376
35,055

9,922
3,388
2,744
12,444
263
34,760
7,099

47,999
73,959
3,941
17,078
5,228
76,259
32,436

1,708
11,859
6,141
62,514
2,792
40,797
38,371

49,153
168,163
16,347
45,553
58,823
1,819,630
207,912

51,436
28,139
46,425
23,117
88,394
250
39,617

28,804
20,946
15,808
13,216
84,373
825
27,195

10,624
19,294
31,814
5,139
11,322
24,857

23,006
13,252
13,080
15,491
58,050
701
21,548

27,268
18,781
11,410
21,400
70,802
610
38,584

243,908
110,113
91,270
102,907
116,492
3,883
90,100

United S t a t e s G o v e r n m e n t direct o b l i g a t i o n s
Treasury bills
Treasury certificates of indebtedness
Treasury notes
Nonmarketable bonds
Other bonds maturing in 5 years or less
Other bonds maturing in 5 to 10 years
Other bonds maturing in 10 to 20 years
Bonds maturing after 20 years

3,123,928
159,585
490,590
238,320
53,934
1,002,171
719,596
381,064
78,668

822,571
60,820
169,772
50,480
11,285
252,320
220,835
54,722
2,337

481,207
21,454
106,549
26,442
4,761
141,433
114,887
51,387
14,294

1,236,426
123,441
275,048
94,176
17,308
399,343
198,685
108,663
19,762

951,867
38,092
223,435
52,854
9,166
286,424
255,157
42,901
43,838

5,147,404
220,673
1,031,478
255,117
68,006
1,746,905
1,290,294
426,902
108,029

1
2

See contents page for basis of classification of member banks.
See note 3, page 11.




9
1

C O U N T R Y B A N K S — C L A S S I F I C A T I O N OF L O A N S A N D U N I T E D S T A T E S
G O V E R N M E N T D I R E C T OBLIGATIONS
[In thousands of dollars]
By Federal Reserve districts, December 31, 1948

Total, all
country
banks

Loans—net
Reserves
Loans—gross
Commercial and industrial loans, including
open-market paper
Loans to farmers directly guaranteed by the
Commodity Credit Corporation
Other loans to farmers
Loans to brokers and dealers in s e c u r i t i e s . . . .
Other loans for purchasing or carrying securities
Real-estate loans: On farm land
On residential p r o p e r t y . . . .
On other properties
Other loans to individuals:
Retail automobile instalment paper
Other retail instalment paper
Repair and modernization instalment
Instalment cash loans
Single-payment loans
Loans to banks
All other loans (including overdrafts)
U n i t e d S t a t e s G o v e r n m e n t direct obligations.
Treasury bills
Treasury certificates of indebtedness
Treasury notes
Nonmarketable bonds
Other bonds maturing in 5 years or less
Other bonds maturing in 5 to 10 years
Other bonds maturing in 10 to 20 years
Bonds maturing after 20 years

Boston

New York

Philadelphia

Cleveland

Richmond 2

11,944,666
93,342
12,038,008

954,822
9,718
964,540

2,113,947
23,450
2,137,397

995,410
6,614
1,002,024

1,077,609
7,788
1,085,397

922,394
6,303
928,697

807,225
5,846
813,071

3,295,684

373,423

582,579

274,430

219,248

278,013

327,724

421,599
934,559
20,607

6,915
16,409
1,072

1,540
47,705
8,408

461
33,202
2,395

2,337
47,942
242

14,431
33,711
2,531

36,621
35,702
2,291

186,829
395,594
3,238,549
832,665

20,062
11,066
199,779
81,477

35,783
28,522
741,651
142,557

18,181
30,379
336,758
93,256

20,893
63,823
399,155
86,699

20,444
38,712
236,160
67,206

22,641
20,686
109,375
44,917

549,995
227,506

36,506
14,510

79,987
58,084

31,444
16,016

56,372
19,463

34,407
12,724

39,675
15,537

240,747
419,114
1,013,266
2,674
258,620

17,431
42,125
111,125
1,051
31,589

82,799
96,221
176,312
490
54,759

18,245
44,154
81,355
3
21,745

18,792
39,940
93,730
110
16,651

8,331
35,764
124,257
235
21,771

13,573
28,395
93,167
545
22,222

21,273,532
760,287
3,340,122
1,127,592
1,071,228
6,853,679
5,074,712
1,977,958
1,067,954

1,725,209
67,456
181,608
68,359
58,728
535,702
501,304
237,139
74,913

3,779,870
134,251
312,082
117,581
142,336
1,094,923
1,084,516
569,624
324,557

2,046,991
80,439
215,831
92,739
121,404
536,813
532,720
296,163
170,882

2,007,025
74,207
256,944
101,729
108,275
692,550
500,000
167,634
105,686

1,318,489
39,439
233,339
65,999
82,019
436,605
311,496
92,279
57,313

1,333,610
40,242
285,961
82,475
49,172
410,887
298,160
74,613
92,100

Atlanta 2

By Federal Reserve districts, December 31, 1948—Continued
Chicago

St. Louis

Minneapolis

956,953
6,841
963,794

110,151

128,191

251,865

272,754

65,824
79,030
946
6,021
18,252
123,642
27,971

107,417
189,966
218
3,588
26,100
74,242
24,932

84,793
135,048
977
8,055
20,899
67,980
23,186

46,412
102,292
779
4,875
34,575
254,905
82,356

27,796
11,598
8,647
14,512
67,029
50
11,494

25,789
11,226
8,393
11,462
24,903
40
8,598

30,923
9,621
4,233
13,237
38,880
62
9,150

53,917
13,202
6,556
25,453
56,602
5
18,005

49,720
23,060
17,820
24,582
32,631

1,046,628
30,856
218,660
75,873
61,571
338,337
214,177
69,587
37,567

1,165,380
33,938
218,273
67,116
97,855
438,967
241,924
52,606
14,701

1,140,224
61,501
333,740
94,909
76,748
336,382
165,357
43,978
27,609

1,170,670
83,619
360,197
97,098
32,625
369,455
168,245
40,027
19,404

1,218,817
33,368
177,228
60,269
40,500
462,718
276,969
132,700
35,065

612,647
3,924
616,571

518,462
3,786
522,248

332,750

144,556

26,374
150,629
450
16,305
71,934
532,562
121,881

28,474
62,923
298
9,981
30,646
162,340
36,227

83,459
22,465
35,927
43,269
113,275
83
25,603

U n i t e d S t a t e s G o v e r n m e n t direct o b l i g a t i o n s
Treasury bills
Treasury certificates of indebtedness
Treasury notes
Nonmarketable bonds
Other bonds maturing in 5 years or less
Other bonds maturing in 5 to 10 years
Other bonds maturing in 10 to 20 years
Bonds maturing after 20 years

3,320,619
80,971
546,259
203,445
199,995
1,200,340
779,844
201,608
108,157




San
Francisco 2

762,201
4,342
766,543

1,565,477
11,489
1,576,966

See contents page for basis of classification of member banks.
See note 3, page 11.

Dallas

657,519
3,241
660,760

Loans—net
Reserves
Loans—gross
Commercial and industrial loans, including open-market
paper
Loans to farmers directly guaranteed by the Commodity
Credit Corporation
Other loans to farmers
Loans to brokers and dealers in securities
Other loans for purchasing or carrying securities
Real-estate loans: On farm land
On residential property
On other properties
Other loans to individuals:
Retail automobile instalment paper
Other retail instalment paper
Repair and modernization instalment loans
Instalment cash loans
Single-payment loans
Loans to banks
.
All other loans (including overdrafts)

1
2

Kansas
City

17,033

I O

ALL MEMBERS BANKS—ASSETS AND LIABILITIES ON DECEMBER 31, 1948, OF BANKS IN EACH CENTRAL
A S S E T S [In thousands of dollars]
Reserves, cash,

Loans and investments

Federal Reserve district
numbers, and reserve cities

All m e m b e r b a n k s . . .
Reserve b a n k c i t i e s
1. Boston
2. New York 2
3. Philadelphia
4. Cleveland
5. Richmond
6. A t l a n t a 3
7. Chicago 2
8. St. Louis
9. Minneapolis
10. Kansas City
11. Dallas
12. San Francisco

1

Reserve b r a n c h c i t i e s
2. Buffalo
4. Cincinnati
4. Pittsburgh
5. Baltimore
5. Charlotte 3
6. Birmingham
6. Jacksonville
6. Nashville
6. N e w Orleans
7. D e t r o i t
8. Little Rock
8. Louisville
8. Memphis
9. Helena
10. Denver
10. Oklahoma City
10. O m a h a
11. El Paso
11. Houston
11. San Antonio
12. Los Angeles
12. Portland
12. Salt Lake City 3
12. Seattle

Number
of
banks

O t h e r reserve c i t i e s 1
4. Columbus
4. Toledo
5. Washington
7. Cedar Rapids
7. Des Moines
7. D u b u q u e
7. Indianapolis
7. Milwaukee
7. Peoria
7. Sioux City
8. National City
9. St. Paul
10. Kansas City, Kansas
10. Lincoln
10. Pueblo
10. St. Joseph
10. T o p e k a
10. Tulsa
10. Wichita
11. F o r t W o r t h
11. Galveston
11. Waco
Country banks, by districts
1. Boston
2. N e w York
3. Philadelphia
4. Cleveland
5. Richmond
6. A t l a n t a
7. Chicago
8. St. Louis
9. Minneapolis
10. Kansas City
11. Dallas
12. San Francisco

U. S.
Govt,
direct
obligations

6,918 95,616,170 36,060,317 52,148,672
171
10
40
13
4
6
5
57
7
4
10

1

Total

Loans (including
overdrafts)

4 0 , 4 1 3 , 8 4 9 17,627 235
769 ,527
1,674,114
1 8 , 8 9 6 , 8 7 7 8 , 1 0 3 110
746 ,342
1,915,377
530 477
1,612,628
105 ,017
275,755
278 ,594
571,578
5 , 9 7 5 , 6 0 8 2 , 0 3 8 ,773
474 ,602
933,698
246 165
562,849
282 ,968
668,485
463 ,370
672,255
6 , 6 5 4 , 6 2 5 3 , 5 8 8 290

,182,835
863,547
,722,272
947,852
989,628
152,107
253,004
,468,760
409,804
274,923
324,213
187,298
,589,427

131 1 4 , 2 2 2 , 3 5 0
5
566,460
674,899
10
8 1,665,233
9
556,418
352,395
4
3 248,573
3
197,824
262,090
4
6
529,145
6 1,961,676
4
110,754
6
358,911
3
378,533
38,233
2
7
424,362
5
226,827
6
271,466
3
103,318
728,187
11
261,356
6
6 2,268,959
3 847,637
6
272,603
5
916,491

5,128,340
238,703
252,395
648,724
143,507
177,461
93,135
79,883
124,245
162,923
528,248
38,122
164,426
219,772
9,494
137.454
87,497
95,371
63,849
315,079
61,251
685.455
310,239
107,196
383,911

8,110
303
375
835
390
158

81 4 , 2 5 4 , 0 4 5
3
310,988
278,985
4
14
711,404
1
57,742
3
176,749
2
32,877
5
465,412
6
630,329
3
102,204
65,655
4
70,620
1
302,105
3
2
41,609
3
84,848
20,383
1
56,967
4
56,785
4
269,020
4
4
158,858
246,511
3
65,556
4
48,438
3

1,360,076
87,791
58,614
237,700
12,460
64,745
5,239
110,769
176,192
31,810
23,259
25,060
109,668
22,299
26,280
2,026
15,655
20,235
97,192
63,114

2,581
175
210
433
24
93
26
319
410
65
39
44
178
16
55
17
38
29
158
81
102
40
22

6,535
327
738
632
675
445
325
919
474
467
711
580
242

128,111

18,346
23,511

725,926 11 ,944,666
954,822
880,880
,113,947
551,012
995,410
428,101
,077,609
468,078
922,394
406,524
807,225
389,633
,565,477
439,958
612,647
867,836
518,462
829,926
657,519
993,399
762,201
143,561
956,953
,327,018

ObligaCorporate
ObligaOther
tions of
stocks
tions
bonds,
guaran- States and notes, and (including
teed by
political
F. R.
debenU. S. Gov- subdiviBank
tures
stock)
sions
ernment

4,930 4,479,920 2,641,521
262
200

9
3
39

714
162
267
223
781
629
128 966
98 362
106 556
334, 146
1,309 796
59 937
178. 415
130 335
27 832
262 849
111 628
141 195
36 400
377 413
185 845
1,517 313
454 579
151 705
434 380

298

591
377
877
254
101
596
327
113

166

112

051
799
080
452
413
735
313
058
362
562
098
220
365
326

,273,532
,725,209
,779,870
,046,991
,007,025
,318,489
,333,610
,320,619
,046,628
,165,380
,140,224
,170,670
,218,817

11

199

6
' 142

,465,351
19,864
569,537
112,790
25,367
8,968
23,994
259,598
18,714
16,565
40,897
14,789
354,268

993,869
16,195
407,949
98,564
64,559
9,043
14,803
196,262
25,977
24,131
19,260
5,039
112,087

570,854
9,089
27,191
42,749
8,914
6,071
18,491
13,180
19,897
27,444
47,917
7,882
7,208
24,010
374
11,971
23.125
22,744
2,780
26,013
7,721
50,607
73,876
10,513
81,087

370,238
12,442
18,127
123,170
11,734
9,489
7,552
5,868
9,645
3,812
72,405
4,639
8,011
3,638
483
11,467
4,092
11,696
92
8,268
6,159
10,917
7,866
2,744
15,922

157,384
22,087
5,815
3,485
20,347
11,809
986
19,470
21,360
3,213
918
1,025
5,280
1,983
1,593
587
1,509
5,999
9,600
4,419
10.126
3,254
2,519

146,887
25,178
3,220
35,321
711
6,314
289
15,183
21,671
1,911
1,429
305
8,023
835
1,070
394
1,656
1,078
3,254
9,963
5,589
3,488
5

4,204 2,286,
291
92,
398,
2,895
162
168,
311
236,
100,
32
36
208,
64
394,
139
138,
67
89,
154,
113
75
182,
19
121,

,130,527
99,792
233,405
205,078
138,116
59,740
35,949
150,910
65,991
53,939
37,881
24,078
25,648

Total

Reserve
with
Federal
Reserve
Banks

Cash in
vault

280,810 3 4 , 2 0 1 , 7 9 6 2 0 , 4 0 5 , 6 8 6 1 , 4 8 5 , 7 7 1
144,297 15 748,393 10,518,731
414,053
643,512
4,981
94,009
,800,342 5 , 6 7 4 , 3 3 7
455,092
790,076
9,629
320,187
2,597
507,279
68,137
620
132,288
148,163
1,183
298,975
12,209
,304,368 1 , 5 3 6 , 1 0 4
236,991
4,596
409,560
132,987
1,065
263,180
165,576
1,138
376,763
174,739
1,756
389,887
1,192,365
10,514
,832,163

344,322
25,373
120,193
22,868
27,571
4,057
7,854
50,013
7,346
4,833
5,442
6,155
62,617

3,162,666
113,337
139,708
379,406
128,213
88,302
79,059
47,618
62,505
138,200
398,043
28,411
90,249
88,335
9,587
102,223
57,559
69,569
23,323
183,543
61,805
433,345
168,372
69,587
202,367

204,220
9,830
11,607
26,470
12,472
4,760
3,892
3,145
4,921
6,226
34,976
1,161
4,921
4,992
172
4,736
1,828
3,185
1,258
8,453
3,118
18,293
13,158
2,908
17,738

1,852,351
144,169
99,108
276,223
23,787
85,100
9,846
206,749
229,360
33,640
33,015
43,230
135,722
20,178
36,997
18,504
26,749
31,039
131,680
66,427
145,606
31,136
24,086

987,861
74,445
61,100
165,776
12,321
40,399
5,278
111,205
130,374
20,540
16,397
16,886
67,548
9,413
19,972
4,589
14,312
15,122
67,426
37,371
68,504
15,171
13,712

78,944
7,806
7,166
17,320
1,245
2,767
563
12,001
8,290
2,127
1,159
919
2,671
478
1,330
684
843
1,068
3,072
1,658
3,239
1,230
1,308

86,666 11 , 1 9 5 , 5 3 6
8,291
844,563
,505,339
21,960
11,552
854,893
8,069
967,971
836,963
5,358
932,319
4,694
8,654
,545,131
642,571
3,775
544,562
2,690
811,163
3,352
4,275
,054,253
655,808
3,996

5,736,428
441,517
891,133
502,190
515,630
398,723
418,122
817,113
312,320
289,755
371,177
425,697
353,051

858,285
75,853
130,936
78,812
93,045
74,391
73,060
117,615
44,352
31,126
37,663
56,586
44,846

41,906 5 , 4 0 5 , 5 1 6
3,053
194,123
1,720
249,821
15,367
568,339
1,482
225,186
745
175,397
429
104,004
531
109,762
1,747
117,723
820
233,975
3,296
658,422
174
52,795
851
171,478
778
157,386
50
17,475
621
169,758
485
125,098
460
143,571
197
50,927
1,414
359,489
380
109,268
4,596
687,527
1,077
267,077
442
105,230
1,191
351,685
7,941
555
459
1,644
123
285
36
871
994
219
108
150
682
75
170
63
89
100
409
264
465
103
77

1

See contents page for basis of classification of member banks.
Includes both central reserve city a n d reserve city banks.
For other footnote, see opposite page.

2




4

II
RESERVE AND RESERVE CITY 1 AND OF COUNTRY BANKS IN EACH FEDERAL RESERVE DISTRICT
A S S E T S [In thousands of dollars]
and b a n k balances
Bank
premises,
furniture, and
fixtures

Other
real
estate
owned

Assets
indirectly
representing
real
estate

Customers'
liability
accept-

Income
accrued
b u t not
collected

872,265

13,446

58,445

179,504

22,736 3 , 9 8 4 , 3 8 3 319,458
162,541
600
15,657
, 9 1 9 , 7 8 1 158,028
17,256
233,189
1,019
17,427
123,514
223
8,903
49,835
2,968
102,082
7,846
496,673
835
21,101
123,601
38
4,709
87,466
225
362
132,143
44
5,441
104,434
36
10,871
449,124
2,460
66,145

3,773
20
476

31,549
350
3,440
2,889
872
721

166,635
25,415
104,689
4,459
828

750

6,730
688
316
19
5,000
18,491

Other
balances
with
banks in
U. S.

Balances
with
banks in
foreign
countries

Cash
items in
process
of collection

30,697

28,659

6,607,560

11,206
898
2,555
1,155
250
99
1,247
54
186
1,060
341
3,361
5,168
372
502

50
216
283
63

ioo
270
1,478
787
2
140
68
837
2,682

2,751
25
115

1,641
6,698

15
144

357,404
37,067
8,724
44,677
7,493
11,572
2,031
39,932
66,596
2,960
5,533
22,389
39,688
3,014
8,136
280
3,305
2,778
10,682
6,440
27,901
4,778
1,428

43,518
6,289
1,448
12,676
838
699
16
3,008
5,326
1,860
593

255
90

15

1,250
800
100
165
10
11,641
284
910
257
888
901
1,167
456
81
2,160
967
2,969
601

19,118
11,814
499

130,499
8,655
9,910
23,469
5,998
2,694
1,857
2,502
3,305
5,731
6,852
695
1,734
3,096
222
879
939
3,009
1,310
13,241
3,436
10,508

2,052
381
287
5
6
193
160
1
128
398
493

12,118

2,386
363
638
66
85
558
2,126
838
2,250
1,287
168

979,589 378,790
135,744
37,039
196,706
81,407
71,322
43,331
71,589
36,250
100,133
26,461
83,150
30,062
115,311
42,229
33,375
16,572
40,856
11,333
21,943
11,130
50,690
19,504
58,770
23,472

3,100
309

280
314

1,286,184
43,050
67,098
114,726
56,214
66,984
10,233
35,640
28,250
57,482
15
144,582
644
13,508
51,245
30,176
4,209
32,952
19
31,380
40,155
8,764
273
78,927
209
23,296
26
176,167
311
59,854
93
20,214
91,078
291

3,616
695
18
965
56

1

101
50
205

11

325
28
1,819
500

123
178
420
216
55

1,375

21

286
87
129
5

721

1,097
3,985
46

325

235

3,025

2,011

4^969

913
483

Total

Federal Reserve district
numbers, and reserve cities

237,105

212,792

131,391,523

All m e m b e r b a n k s

128,531
5,611
60,709
6,743
4,896
854
1,570
20,344
2,217
1,757
909
327
22,594

154,481
8,230
113,315
7,478
1,104
380
631
5,700
3,238
2,169
880
226
11,130

48,123
1,832
2,124
6,077
1,721
1,224
1,087
496
775
2,227
7,508
154
1,141
323

17,867
2,290
548
601
1,711
1,172
403

1,785
551
870
2,090
745
9,252
3,435
6
2,407

1,275
68
465
133
776
33
686
2,252
436
1,100

9,728
289
978
903

4,633
134
78
891

513
8
1,700
1,348
416
150
234
1,079

9,596

Other

330
1,896
71
15

212

900
3,607

1

232

100
1,350

81

152
100

1

1,693
50
15
626

17

128

337
984
1,544
52
299
574

110
11

1

126
65

126
213
749
529
243

45
214
187
289

235

207

14
5,804
334
1,162
842
91
678
796
146
306
42
190
846
371

11,475
1,383
2,962
1,498
504
732
748
1,925
166
587
109
404
457

3,173
455
487
23
80
276
1,440
185

50,723
5,795
16,342
3,357
2,566
2,034
4,127
5,008
1,587
4,351
583
1,146
3,827

1

121
21

28

35,811
2,772
6,875
3,855
2,606
3,965
2,593
4,412
1,718
904
1,443
1,511
3,157

56,966,669 Reserve b a n k cities
1. Boston
2,372,909
2. N e w York 2
27,137,876
3. Philadelphia
2,744,449
4. Cleveland
2,136,510
5. R i c h m o n d
412,977
6. A t l a n t a 32
880,925
7. Chicago
8,334,629
8. St. Louis
1,355,929
9. Minneapolis
834,233
1 , 0 5 2 , 8 0 6 10. K a n s a s City
1 , 0 7 8 , 8 4 6 11. Dallas
8 , 6 2 4 , 5 8 0 12. San Francisco

19,848,516 Reserve b r a n c h cities
2. Buffalo
773,905
4. Cincinnati
937,703
4. P i t t s b u r g h
2,265,181
5. Baltimore3
791,163
5. Charlotte
532,887
6. Birmingham
356,047
6. Jacksonville
310,890
6. Nashville
385,747
6. N e w Orleans
776,263
7. D e t r o i t
2,636,824
8. Little Rock
164,450
8. Louisville
533,563
8. M e m p h i s
540,050
9. Helena
56,142
598,142 10. Denver
354,045 10. Oklahoma C i t y
419,381 10. O m a h a
155,769 11. El Paso
1 , 1 1 0 , 2 0 2 11. Houston
374,838 11. San Antonio
2 , 9 8 2 , 8 1 4 12. Los Angeles
1 , 1 3 3 , 0 0 2 12. P o r t l a n d
3
380,831 12. Salt Lake City
1 , 2 7 8 , 6 7 7 12. Seattle

1

1
6 , 1 6 9 , 1 0 0 O t h e r reserve c i t i e s
4. Columbus
461,870
4. Toledo
380,698
5. W a s h i n g t o n
1,003,679
7. Cedar Rapids
82,367
7. Des Moines
264,864
7. D u b u q u e
42,808
7. Indianapolis
677,207
7. Milwaukee
868,316
7. Peoria
138,817
7. Sioux C i t y
99,428
8. N a t i o n a l City
114,084
9. St. Paul
441,757
6 2 , 2 1 6 10. K a n s a s City, Kansas
10. Lincoln
122,719
3 8 , 9 5 3 10. Pueblo
84,066 10. St. Joseph
88,846 10. T o p e k a
4 0 3 , 7 9 2 10. Tulsa
226,941 10. Wichita
394,938 11. F o r t W o r t h
98,000 11. Galveston
7 2 , 7 3 4 11. W a c o

4 8 , 4 0 7 , 2 3 8 C o u n t r y b a n k s , by d i s t r i c t s
1. Boston
3,773,221
2. N e w York
8,165,586
3. Philadelphia
4,335,900
4. Cleveland
4,478,146
5. R i c h m o n d
3,277,633
6. A t l a n t a
3,361,718
7. Chicago
7,038,994
8. St. Louis
2,530,756
9. Minneapolis
2,391,772
2 , 8 1 8 , 0 3 7 10. K a n s a s City
3 , 2 2 1 , 3 1 6 11. Dallas
3 , 0 1 4 , 1 5 9 12. San Francisco

8
Includes figures for a b a n k with its h e a d office in a nonreserve city, which has a branch in this reserve city; see c o n t e n t s page.
For other footnotes, see opposite page.




1

II
ALL MEMBERS BANKS—ASSETS AND LIABILITIES ON DECEMBER 31, 1948, OF BANKS IN EACH CENTRAL
L I A B I L I T I E S [In thousands of dollars]

D e m a n d deposits
Federal Reserve
district numbers,
and reserve cities

Total

Individuals,
partnerships, and
corporations

United
States
Govern-

States
and
political
subdivisions

T i m e deposits

Banks in
United
States

Banks
in
foreign
countries

Certified
and officers'
checks,
etc.

Total

Individuals,
partnerships,
and
corporations

United
States
Gov-

Postal
Savings

States
and
political
visions

All m e m b e r
b a n k s . . . . 9 2 , 4 5 9 , 4 5 5 7 0 , 9 4 6 , 6 6 7 2 , 1 2 1 , 9 6 9 5 , 8 5 0 , 3 7 5 10,098,396 1 , 4 7 9 , 6 3 2 1 , 9 6 2 , 4 1 6 2 8 , 9 0 2 , 4 2 1 2 7 , 8 0 1 , 1 5 1 107,156 3 , 7 9 3 927,324 29,990
Reserve b a n k
cities 1
1. Boston
2. New York 2 ..
3. Philadelphia.
4. C l e v e l a n d . . .
5. R i c h m o n d . .
6. A t l a n t a 3 . . . .
7. Chicago 2 . . .
8. St. Louis
9. Minneapolis.
10. Kansas C i t y .
11. Dallas
12. San Francisco

43,372
1,928
22,430
2,251
1,317
318
715
6,095:
1,103
667
923
906,
4,713,

415
135
126
818
775
509
480
803
269
519
224
847
910

,981,513
,492,559
.800,406
,765,273
,082,930
190,081
461,498
,454,301
715.924
423.925
496,679
487,535
,610,402

996,981
44,196
447,579
34,766
57,120
7,212
13,308
214,744
38,339
10,049
11,527
13,044
105,097

10 ,503,486
390,993
502,536
,327,688
469,118
265,121
203,931
141,480
160,181
360,764
,280,872
78,759
273,433
249,905
18,496
338,599
167,004
223,408
82,052
649,112
210,849
,571,772
602,763
207,464
727,186

323,120
15,099
17,370
42,088
15,996
9,432
6,567
2,434
3,977
7,654
90,808
1,533
6,451
4,081
377
13,359
4,279
6,697
1,192
10,081
2,501
31,072
12,507
2,644
14,921

942,005
37,870
15,387
26,791
38,209
53,027
28,031
27,876
42,266
92,237
83,165
12,377
7,834
31,634
17,011
20,115
49,273
12,833
10,992
86.911
13.912
43,411
86,985
36,064
67,794

,746,212
344,875
258,078
756,524
60,754
221,932
21,555
527,662
621,803
90,576
80,026
95,824
341,156

3,214,047
233,407
215,694
667,307
28,828
97,149
18,656
3 4 8 ,9 8 3
438,941
72,379
48,723
17,629
188,977

114,211
6,455
10,656
19,613
1,064
6,593
782
9,541
20,550
2,475
1,241
234
9,726

46,846
99.325
26.326
60,026
76,090
356,190
200,751
335,239
66,052
58,602

19,108
5 9 ,7 7 6
20,823
35,249
41,324
261,700
126,164
185,295
43,538
44,397
247,621
999,479
397,438
949,160
150,144
744,297
869,341
,505,375
,496,286
250,893
,931,693
,352,653
,600,862

Reserve b r a n c h
cities 1
14,019,
2. Buffalo
478,
4. C i n c i n n a t i . . . .
645,
4. P i t t s b u r g h . . . . 1,610,
5. Baltimore
609,
3
5. Charlotte . . . .
451,
6. B i r m i n g h a m . . .
276,
6. Jacksonville. . .
243,
6. Nashville
285,
6. N e w Orleans. .
613,
7. D e t r o i t
1,622,
8. Little R o c k . . .
135,
8. Louisville
443,
8. Memphis
426,
9. Helena
48,
10. Denver
445,
10. Oklahoma City
303,
10. O m a h a
355,
11. El Paso
121,
11. Houston
921,
11. San A n t o n i o . . .
287,
12. Los Angeles.. . 1,767,
12. Portland
748,
12. Salt Lake City 3
288,
12. Seattle
889,
O t h e r reserve
cities 1
4. Columbus
4. Toledo
5. Washington. . .
7. Cedar Rapids..
7. Des Moines. . .
7. D u b u q u e
7. I n d i a n a p o l i s . . .
7. M i l w a u k e e . . . .
7. Peoria
7. Sioux City
8. National C i t y .
9. St. Paul
10. Kansas City,
Kansas
10. Lincoln
10. Pueblo
10. St. J o s e p h . . . .
10. T o p e k a
10. Tulsa
10. Wichita
11. F o r t W o r t h . . .
11. Galveston
11. Waco
Country banks,
by districts. . .
1. Boston
2. New York
3. Philadelphia.. .
4. Cleveland
5. R i c h m o n d . . . .
6. A t l a n t a
7. Chicago
8. St. Louis
9. Minneapolis.. ,
10. Kansas C i t y . .
11. Dallas
12. San Francisco

30,321,
2,373,
4,184,
2,234,
2,442,
2,176
2,472:
4,086.
1,764
1,503
2,349
2,837
1,896

239
184
967
702
009
482
224
405
196
099
602
935
434

1
2

,511,626 6,302,
247,
102,128
247,359 2 , 9 0 5 ,
355,
63,500
107,
53,430
85,
28,284
162,
66,227
290,848 1,041,
46,114
293,
173,
48,426
3 0 ,7 7 6
375,
300,
59,432
475,102
255,
198
923
205
190
861
101
931
561
523
045
566
499
010
037
216
711
570
177
802
607
226
066
097
382
892

34,371
2,309
877
1,839
1,236

471,960
53,088
9,120
99
4,998
68,694
948
83,122
42,402
3,193
3,536
396
67,857

828,908
41,344
15,584
47,941
25,275
40,878
1,042
76,301
104,348
10,008
25,100
77,472
71,806

6,060
26

686
1,481
89
764
2,030
12,092
2,762
3,922
814
641

9,436
8,485
762
2,900
19,725
28,184
28,139
28,950
2,888
5,038

17,110
28,287
4,593
19,543
10,810
50,449
40,143
96,369
17,365
7,140

687,657
58,050
121,513
78,770
71,996
47,247
35,279
116,578
29,900
33,154
35,557
31,062
28,551

,924,784
157,135
489,059
153,858
161,067
221,204
348,481
339,559
164,613
132,477
285,586
268,079
203,666

943,214
87,676
82,231
14,071
19,819
117,332
185,853
67,923
55,883
67,657
69,314
143,433
32,022

2,024
24
102
188
80

See contents page for basis of classification of member banks.
Includes b o t h central reserve city and reserve city banks.
For other footnotes, see opposite page.




,431,483
19,193
,278,093
12,051
2,868
224
50
26,785
3,750
1,691
762
458
85,558

116

36
70
77
139
135
41
151
138
12

68

78
110
24
160
51
83
29
39
63

177
9,146
4,585

1

1,070
2,087
1,264
5,912
957
2,801

4,490

61
452

355

676

7,718
1,324
966
16
2,466
55
351
1,696
844

,148,736
22,818
751,452
21,199
13,600
7,286
11,922
68,071
5,515
10,237
8,432
46,252
181,952

8,587,668
187,745
1,763,383
238,363
700,128
67,831
111,182
1,693,695
161,335
111,258
75,164
91,803
3,385,781

8,124.
185
1,697
214
681
64
110
1,621
160
106
75
89
3,115

187 33,970
186
2,553
468 14,313
398
404
849
950
545
198
940
951
959
997
327
810
42
039
68
696
137
645 13,682

192,409 4 , 4 8 6 , 3 5 5
7,149
239,739
7,507
216,555
23,800
370,965
3,583
128,869
45,024
7,449
1,363
55,850
43,797
1,311
75,799
1,348
120,366
4,205
27,028
876,132
20,839
1,605
55,704
5,056
83,294
3,020
5,524
298
4,380
117,803
23,230
4,838
40,722
2,175
25,305
1,586
121,952
13,163
70,255
7,304
31,939 1 , 0 4 3 , 1 6 7
315,119
16,395
72,046
2,888
13,019
318,299

4,303,664
237,097
193,177
356,444
127,241
40,320
55,850
43.768
74,961
116,538
873,486
20,330
55,285
83,294
5,374
116,563
20,058
40,714
24,780
85.769
47,306
991,250
309,974
71,336
312,749

14,451

111,026
10,555
7,024
17,074
589
8,618
127
9,654
15,110
2,521
1,426
93
2,435

1 , 0 4 7 339
92 028
101 819
180 649
16 785
27 615
19 298
110 214
190 732
38 ,155
14 876
11 ,676
66 ,835

,004,351
82,520
98,715
178,874
16,785
25,906
19,298
107,983
186,205
35,346
14,869
1,675
65,759

11,977
1,246

506
1,296
59
1 ,570
2,201
3,089
3,543
20,703
1,447
1,386

11,832
10,849
9,270
20,28?
8,028
24,879
14,879
39,483
26,647
10,508

11,817
10,769
9,170
20,277
7,607
23,586
13,557
39,483
23,642
10,508

510,245
69,520
93,760
38,827
38,983
46,402
30,804
56,915
17,514
18,567
27,452
41,012
30,489

159
95
787
2,402

299 388,957
6
20,185
23,364
18,227
2,330
21

70,775
6
1,945
198 252,104
138 162,427
2,102
22,901
12,407
570
1,988

29
587
103
2,075
500
399

251
3,692
371
3

150
100
46
3
525

27
2,870
36,122
22,861
51,142
4,970
150

86
675
80
490
5,160

1,750

685 26,181
5
7,386
55
3,049
25

L695

14

1,296
4,000
59

500
11

2,750

420
95
1,307

781,059 1 4 , 3 6 8 , 9 4 9 4 6 , 7 5 8
078,364 1 , 0 7 0 , 2 8 0
3,448
347,696 3 , 3 0 6 , 2 1 7
9,355
691,995 1,628,534
1,117
708,376 1,624,792
357
870,626
838,036 10,622
684,095
658,295
6,693
546,178 2 , 4 9 0 , 2 2 6
2,427
616,209
587,462
686
757,164
751,524
814
310,728
2,742
305,326
217,481
185,130
6,857
952,147
1,640
923,127

,671 349 ,759
227
4 ,313
15 30 ,050
121 62 ,167
418 82 ,602
213 20 ,920
341 12 ,960
257 52 ,687
232 27 ,587
129
4 336
186
2 ,304
318 22 ,780
214 27 ,053

J

3

RESERVE AND RESERVE CITY 1 AND OF COUNTRY BANKS IN EACH FEDERAL RESERVE DISTRICT
L I A B I L I T I E S A N D C A P I T A L A C C O U N T S [In t h o u s a n d s of dollars]

Bills
payable
and other
borrowed
money

Acceptances
outstanding

Total
liabilities

Other
liabilities

Capital

Surplus

Undivided
profits

2 , 7 8 1 , 8 0 8 3 , 9 6 9 , 5 7 2 1,601,946

Other
capital
accounts

201,322

981,804 122,590,409

25,237

185,067
26,189
118,277
4,793
828

680,931
21,862
483,164
18,120
9,385
2,426
6,437
37,987
6,165
6,775
1,857
3,449
83,304

52,851,318 1,235,341
59.187
2,163,931
614,672
24,820,150
58,432
2,513,131
40,330
2,028,116
7,300
388,766
15,700
833,099
182,800
7,834,642
34,225
1,271,599
12,500
785,868
18,900
1,000,265
28,400
1,007,099
162,895
8,204,652

108,416
2,499
4,270
12,887
3,074
6,541
1,998
1,787
2,390
3,003
14,924
507
3,550
2,074
208
2,927
1,562
1,041
762
4,580
1,337
23,176
6,552
1,862
4,905

18,627,201
720,602
866,993
1,994,351
741,075
502,700
334,671
289,423
364,581
742,121
2,513,126
157,119
503,038
512,257
54,130
565,938
328,991
397,054
147,761
1,051,886
358,648
2,834,551
1,070,858
362,350
1,212,977

383,939
20,015
23,900
85,600
13,831
7,200
7,200
6,000
7,400
10,283
33,600
2,800
9,900
7,400
850
8,560
000
7,700
2,600
24,000
5,550
52,000
15,200
6,750
17,600

532,672
27,045
33,460
126,150
23.599
17,400
7,100
11,000
11,000
16,357
59.600
3,000
16,350
15,600
829
12,140
8,150
7,630
3,950
23,120
7,185
52,007
20,700
7,200
22,100

220,898
5,174
10,360
34,999
8,705
3,179
4,937
1,994
2,766
6,734
19,067
1,318
4,204
4,178
333
8,620
8,405
4.959
907
10,381
2,573
37,512

26,661
1,924
2,204
5,156

5,828,062
438,828
362,101
942,329
77,541
250,321
40,854
639,932
817,283
129,890
95,129
107,847
413,131

109,985

146,576
9,500
8,000
28,800
3,800
4,750
650
19,100
16,527
3,940
2,000
4,000
14.250

60,334
3,882
2,285
11.087
526
2,799
522
7,058
12,619
1,419
449
1,237

24,143
660
1,012
2,563

571

1,805

1.150
2,475
1,000
1.250
1,690

1,544
1,625

685
830
869
875
660
4,302
1,184
1,633
1,217
625

30
566
484
247
249
2,945
466
3,031
563
109

310,469
122,223
237,957
186,638
146,136
95,800
87,612
147,698
54,783
47,477
59,433
62,843
61,869

587,616
55,952
106,163
67,462
53,157
36,382
29,805
80,990
30,768
26,445
35,764
29,121
35.607

172,782
22,714
34,365
14,181
9,896
12,679
8,922
28,441
8,066
8,609
7,938
11,567
5,404

25,200
37

7,157
830
316
20
5,000
21,657
12,841
21

286
103
129
5
1,097
5,701
46
138
235
3,393
1,036
483
160
7,750

100

2

774

1

25

2,000

323
224
4
86
429
1,799
861
827
127
315

5,750

12,420
1,340
3,185
1,960
800
1,465
35
225
1,350
175
1,285

2,048
2,723
1,159
227
347
5,101

3,314
455
487
23
80
276
1,581
185

600

165,796
20,139
41,585
12,749
13,540
11,747
10,548
21,853
6,036
6,582
3,894
5,552
11,571

18.900

10,025
16.600
3,260
1.600
1,000
1,350
2,700
1,000
1,300
1,700
5,750
3,400
7,500
1,850
950

122,012

46.230
9,600
19.558
214,547
26.725
23,000
16.985
28,900
160,735

733.098
29,409
443.098
40,147
15.136
7,140
51.972
22,259
6.978
14,925
13,305
82.920

21,061

3,324
15,208

counts

447.788 8,801,114

45,407

979,855
102,663
208,900

Total
capital

167,057
17,719
51.056
10.727
6,698
1.502
5,428
50.668

1,142
13,378
83,806
1,069
24,081
3,953

11,431

2,038

6,744
5,183
1,207
10,792

2,244
232
1,092
5,287
308
250

Net
demand
deposits
subject to
reserve
(see
page 18)

Demand
deposits
adjusted
(see footnote on
page 1)

80,209,758 72,151,898

All m e m b e r
banks

115.351 38,521
208,978
317,726 20.444
231.318
108,394
24.211
47,826
499,987
84,330
48,365
52,541
71.747
419,928

657,492
454,964
879,436
616,783
.026,446
175,816
437,565
,316,547
643,952
395,122
403,744
488,785
818,332

Reserve bank
cities 1
1. Boston
2. N e w York 2
3. Philadelphia
4. Cleveland
5. R i c h m o n d
6. A t l a n t a 3
7. Chicago 2
8. St. Louis
9. Minneapolis
10. K a n s a s City
11. Dallas
12. San Francisco

221,315 11,989
408
53,303
547,
70,710
1.448,
270,830
524
50,088
368
30,187
255
21,376
184
21,467
234
21,166
523
34,142
1,397
123,698
112
7,331
367
30,525
362
27,793
40
2,012
382
32,204
238
25,054
284
22,327
95
8,008
756
58,316
243
16,190
1,531
148,263
663
62,144
255
18,481
759
65,700

351,716
392,962
458,332
263.553
454,696
258.613
223.092
135,027
175,545
399,724
,246,483
79,233
235.078
254,383
31,596
330.142
189,735
198,261
85.866
670,259
208,769
470,955
646,289
226.202
716,921

Reserve branch
cities 1
2. Buffalo
4. Cincinnati
4. P i t t s b u r g h
5. Baltimore
5. Charlotte 3
6. Birmingham
6. Jacksonville
6. Nashville
6. N e w Orleans
7. D e t r o i t
8. Little Rock
8. Louisville
8. M e m p h i s
9. Helena
10. Denver
10. Oklahoma City
10. O m a h a
11. El Paso
11. H o u s t o n
11. San Antonio
12. Los Angeles
12. P o r t l a n d
12. Salt Lake City 3
12. Seattle

341,038
23,042
18,597
61,350
4,826
14,543
1,954
37,275
51,033
8,927
4,299
6,237
28,626

20,897
10.450
19,389

123,410
299,739
587,666
394,471
313,341
217,037
193,235
384,148
142,965
124,685
152,508
160,257
153,358

26,036
61,421
21,364
36,414
60,472
282,291
151,406
207,047
43,095
49.393

O t h e r reserve
cities 1
4. Columbus
4. Toledo
5. W a s h i n g t o n
7. Cedar Rapids
7. Des Moines
7. D u b u q u e
7. Indianapolis
7. Milwaukee
7. Peoria
7. Sioux City
8. National City
9. St. Paul
10. K a n s a s City,
Kansas
10. Lincoln
10. Pueblo
10. St. Joseph
10. T o p e k a
10. Tulsa
10. Wichita
11. F o r t W o r t h
11. Galveston
11. W a c o

703,061
090,390
,783,551
,070,523
,278,605
911,770
165,476
,786,538
645,038
,361,081
,222,788
,611,054
,776,247

Country banks,
by d i s t r i c t s
1. Boston
2. N e w York
3. Philadelphia
4. Cleveland
5. R i c h m o n d
6. A t l a n t a
7. Chicago
8. St. Louis
9. Minneapolis
10. K a n s a s City
11. Dallas
12. San Francisco

3,963,728 3,439,629
259,983
283,047
223.114
227,236
639,803
663,420
26,922
50,533
162,889
179.998
17,700
17,550
401.827
444.127
429,857
531,348
75.133
79,653
48,152
64.772
70.399
219,581
275,773
36,559
83,630
14.345
48,432
61.241
295,808
173,453
261,541
51,317
49.546
25,735
2,046
3,702
1,961
2,083
1,813
2,032
3.477
1.478
1,281

1,948
2,269
1,640

3 Includes figures for a b a n k with its head office in a nonreserve city, which has a branch in this reserve city; see c o n t e n t s page.
4 Cash items r e p o r t e d in process of collection were in excess of d e m a n d deposits other t h a n i n t e r b a n k a n d U n i t e d S t a t e s G o v e r n m e n t .
 see opposite page.
For other footnotes,



Federal Reserve
district numbers,
and reserve cities

H
A L L M E M B E R BANKS—ASSETS A N D LIABILITIES
A S S E T S [In thousands of dollars]
Loans and investments

Number of
banks

State

Total, all States.
N e w England:
Maine
New H a m p s h i r e . . . .
Vermont
Massachusetts
Rhode Island
Connecticut
Middle Atlantic:
N e w York
New Jersey
Pennsylvania
E a s t N o r t h Central:
Ohio
Indiana
Illinois
Michigan
Wisconsin
West N o r t h Central:
Minnesota
Iowa
Missouri
North Dakota
South D a k o t a
Nebraska
Kansas
South Atlantic:
Delaware
Maryland
District of C o l u m b i a .
Virginia
West Virginia
N o r t h 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
Nevada
Pacific:
Washington
Oregon
California
Mutual

Savings Banks1.

Total

Reserves, cash

Obligations
guaranteed by
U. S.
Government

Obligations of
States and
political
subdivi-

4,930

4,479,920

2,641,521

142,185
65,410
45,110
1,641,128
347,551
479,149

13
36
32
206
16

6,204
6,567
5,976
50,670
6,278
43,376

8,985
5,822
5,493
71,632
4,905
27,112

802
441
320
8,212
1,979
2,094

78,251
52,607
29,107
991,723
121,451
274,635

39,686
24,413
15,817
608,575
73,422
125,905

9 , 6 0 8 , 9 4 6 1 2 ,0 0 6 ,3 9 1
918,140 2 , 0 3 6 , 5 1 2
2,429,196 3,882,320

,354
582
607

792,937
213,286
320,101

530,152
144,798
455,768

107,126
13,187
36,389

8.811.429
782,835
2.245.430

6,276,014
463,921
1,341,212

Loans
(including
overdrafts)

U. S.
Government
direct obligations

95,616,170 36,060,317 52,148,672

Other
bonds,
notes,
and debentures

Corporate
stock
(including
F. R.
Bank
stock)

Total

Reserve
with
Federal
Reserve
Banks

280,810 3 4 , 2 0 1 , 7 9 6 2 0 , 4 0 5 , 6 8 6 1 , 4 8 5 , 7 7 1

66

262,791
144,296
111,363
2,931,014
520,939
810,879

567
286
749

23,047,906
3,326,505
7,124,381

425
238
504
229
166

5,065,487
1,714,301
8,300,905
3,487,372
1,572,124

1,620,425
475,383
2,567,549
1,084,910
435,427

3,000,786
1,099,115
5,016,006
2,096,783
1,015,063

223
79
11

43
18

260,628
86,601
430,224
186,015
68,223

173,897
50,064
271,589
113,605
50,856

9,528
3,059
15,526
6,016
2,537

1,584,413
599,920
3,017,817
1,030,811
493,817

917,403
309,936
1,917,652
602,786
256,279

206
165
180
42
62
144
215

1,583,804
893,149
2,400,552
218,841
270,937
7 0 3 ,2 7 4
779,673

557,980
299,138
1,034,802
50,635
83,830
229,966
274,357

898,641
488,450
1,183,149
155,591
167,723
408,027
419,290

12
142
125
9
13
4
81

63,846
82,856
103,082
7,498
12,929
44,307
58,063

60,459
21,095
71,648
4,845
6,093
19,850
26,637

2,866
1,468
7,746
263
349
1,245

602,458
328,613
1,051,428
61,960
83,093
294,992
328,162

305,624
168,229
536,918
36,727
47,421
153,115
160,108

17
77
16
203
109
54
32
65
73

258,196
883,133
729,247
1,134,670
575,787
716,306
345,531
844,722
966,910

83,362
261,896
247,143
501,711
183,666
309,221
114,972
411,843
268,948

155,374
573,588
440,907
560,710
353,968
362,429
202,731
374,603
612,934

9,332
18,772
3,537
42,680
24,182
27,538
16,695
38,591
64,505

8,901
26,703
35,974
26,644
12,543
15,677
10,583
17,853
18,479

1,227
2,167
1,686
2,905
1,428
1,441
545
1,829
2,044

73,407
307,397
281,444
416,065
209,613
318,761
134,228
401,977
394,654

44,624
174,773
168,512
201,468
99,902
150.008
64,530
195,775
176,814

112
81

89
32

754,765
1,112,429
768,387
222,181

299,098
503,286
296,332
73,085

409,956
509,906
374,940
108,394

24,541
77,879
76,139
37,307

19,365
17,927
19,548
2,924

1,801
3,403
1,426
468

340,576
465,325
311,329
95,879

161,042
238,206
172,171
39,256

67
46
225
567

390,421
946,936
987,042
3,941,272

138,586
310,993
346,777
1,717,193

203,837
554,484
539,999
1,946,958

37,404
70,837
88,109
219,539

9,858
8,584
10,374
49,904

173,169
735
415,300
2,038
1,763
480,363
7,600 2 , 0 1 5 , 8 4 3

79,572
212,839
219,198
904,993

84
27
41
92
34
5
31
6

377,174
302,856
155,247
734,633
172,759
288,835
361,571
127,132

109,769
113,672
46,399
241,166
74,641
160,445
157,645
48,465

247,716
180,435
97,994
445,403
88,552
108,074
187,584
69,763

12,207
7,311
7,751
28,625
8,200
13,004
12,743
7,936

6,977
1,045
2,856
18,269
1,089
6,957
2,974
835

484
385
247
1,170
277
355
622
133

137,623
92,288
68,984
302,952
82,377
81,322
137,538
31,413

73,368
51,106
29,378
160.009
32,587
47,957
82,699
19,240

53
33
115

1,366,743
980,449
9,900,343

110,580
86,742
457,567

17,893
8,125
137,355

2,300
1,248
16,810

477,731
304,819
2,784,467

271,032
191,017
1,762,447

2,117

1,224

38
52
40
147
11

..

15,650

104,602
66,020
54,432
1,159,166
160,226
259,132

7
20

4
28
2
3

21

573,500
662,470
347,785
536,549
4,644,456 4,644,034
11,101

1,120

STATES LOCATED IN TWO F E D E R A L R E S E R V E D I S T R I C T S — C O N D I T I O N
Connecticut—Dist. No. 2.
N e w Jersey—Dist. No. 2 .
K e n t u c k y — D i s t . No. 4 . . .
P e n n s y l v a n i a — D i s t . No. 4
West Virginia—Dist. No. 4
Louisiana—Dist. No. 6 . .
Mississippi—Dist. No. 6.
Tennessee—Dist. No. 6 . .
I n d i a n a — D i s t . 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. 1 2 . .
1

17
199
58
208
13
32
20
67
175
353
188
125
46
11
212
4

226,288
2,740,155
237,697
2,625,449
82,178
747,294
184,140
687,390
1,487,075
7,750,847
3,354,425
1,422,714
828,053
102,521
969,608
248,239

79,229
131,777
767,585 1 , 6 6 7 , 1 3 6
81,294
139,311
921,361 1 ,4 1 2 ,2 2 7
32,530
41,073
242,108
447,406
59,728
89,775
267,046
354,986
397,651
968,249
2,421,421 4,685,645
1,045,740 2,016,180
393,022
918,750
330,020
423,198
46,025
50,397
339,677
532,341
146,521
85,386

12
540
287
3
28
35
6
31
18
35
20

6,732
177,892
10,945
83,129
5,455
50,553
31,756
49,581
75,647
382,238
176,993
62,118
49,376
4,890
85,725
9,057

These banks, two in Wisconsin and one in Indiana, are included in the figures for those States.




7,962
115,682
5,533
190,143
2,797
6,069
2,488
13,192
42,834
246,897
109,718
46,541
23,870
1,038
10,126
6,957

576
59,699
628,676
11,320
614
102,796
18,302
828,027
21,451
323
1,158
321,751
390
79,045
2,557
288,002
2,659
519,042
14,640 2 , 8 3 2 , 9 4 0
5,763
998,693
2,265
450,130
1,554
445,269
171
47,756
1,719
469,812
318
71,234

32,248
370,545
41,101
521,930
10,042
175,595
31,975
141,337
270,724
1,826,493
586,074
236,254
197,760
18,110
215,829
41,546

6,225
51,293
6,754
54,864
2,718
12,779
4,869
19,118
38,100
83,811
69,546
22,367
8,596
2,677
15,679
6,227

*5
OF BANKS O N D E C E M B E R 31, 1948, BY S T A T E S
A S S E T S [In thousands of dollars]
and bank balances

Other
balances
with
banks
in U. S.

5,643,423

30,697

28,659

Cash
items in
process
of collection

Balances
with
b a n k s in
foreign
countries

6,607,560

Bank
premises,
furniture,
and
fixtures

872,265

Assets
indirectly
representing
real
estate

Other
real
estate
owned

13,446

Customers'
liability
on
acceptances

Income
accrued
b u t not
collected

58,445

179,504

237,105

1,318
335
1,310
450
118

331
8
836
804
15

286,385
69,895
555,856
182,092
84,377

48,699
13,006
36,819
24,628
11,781

2,298
205
1,174
4

397

143,940
38,429
273,203
4,446
5,355
51,700
16,453

7,022
4,747
16,991
1,166
1,540
5 ,0 8 2
4,403

10,602
58,698
45,139
88,044
24,168
84,914
19,181
110,537
63,491

1,605
9,309
12,868
14,202
5,853
6,535
2,589
10,757
14,228

86
259
309
207
40
20
375
606

57,744
71,540
27,521
8,384

5,408
12,631
7,341
2,633

24
591
175
23

16
55
661

20,063
81,353
45.900
283,419

2,731
9,604
6,050
48,907

44
288
6
2,715

30
108
325
3,321

13.901
10,703
4,038
37,739
2,028
9,649
21,899
4,232

2,325
2,768
945
2.904
1,658
2.905
2,380
1,062

10
4
83
144
136
75

103,985
60,584
645,055

10,646
13,376
87,663

16
263
621

1

150

15

216
1,389
5,715

942
70

44
60

19

1,405
150

352

68
75
862
223
3,721

352
93
2,851

10,216
3,327
22,473
8,673
2,562

3,619
1,458
7,311
2,750
2,876

6,715,062
2,332,159
11,393,929
4,555,739
2,083,524

422

4,755
935
4,220
676
684
1,213
763

2,606
372
4,957
45
342
690
856

2,205,583
1,230,325
3,481,307
282,688
356,598
1,005,260
1.114.023

623
1,872
903
1,420
298
1,938
436
1,859
2,531

128
2,430
935
2,084
1,002
1,492
279
973
993

334,727
1,204,360
1,027,006
1,569,652
793,434
1,045,205
483,104
1,260,696
1.380.024

1,282

513

1,045
239

1,102,662
1,595,285
1,092,093
321,030

1,354
96
1,135

211,342
41,150
84,791

439
135
50
307
179
316

1,115
33
6,730
180
50

159

17
1,995

2,063,770
95,306
412,318

1

32,372,877
4,166,103
9,490,519

104,742
427
4,649

18,212

100

120,832
3,116
10,899

5,372
1,895
4,842

3,578
296
1,551

270
248

1,106

70,136
9,558
14,825

1,118

1,831
1,706
1,360
31,640
7,635
13,043

18

132

617
702
18

739
165
37

16

1,160

277

1,970

18

3,987
2,490
482

2
3
60

6
106

529

112

1

656
4
,350
753
674

1

131,391,523
344,078
198,814
142,124
3,999,245
652,430
1,100,378

25,415
439
28

10,106
9,339
3,716
218,411
18,734
49,218

Total
assets

471
109
96
9,650
235
535

336
59
23
1,248
67
4

36
20

72
7
25
663
198
25

3
15
928
45
183

Other
assets

1

707

129
149
132

21

87

362

1

157
8,423
1,664

1,235
1,337
49

1,360
1,737
1,818
26

4,009
282
7,084

277
3,295
1,340
3,992

257
1,468
832
2,542

566,929
1,381,008
1,476,240
6,025,676

993
26
148
1,828
1,119
6
451

69
150
54
1,512
45
1,158
465
206

518,184
398,098
225,382
1,043,920
257,144
375,697
502,975
160,265

2,888
3,724
33,307

1,492
2,341
12,981

1,859,833
1,305,192
12,862,937

161

222
940

24,282

152
483
19,453

17,827

58

State

Total, all States
New England:
Maine
N e w Hampshire
Vermont
Massachusetts
R h o d e Island
Connecticut
Middle A t l a n t i c :
N e w York
N e w Jersey
Pennsylvania
East North Central:
Ohio
Indiana
Illinois
Michigan
Wisconsin
West North Central:
Minnesota
Iowa
Missouri
North Dakota
South Dakota
Nebraska
Kansas
South A t l a n t i c :
Delaware
Maryland
District of Columbia
Virginia
W e s t Virginia
N o r t h Carolina
South Carolina
Georgia
Florida
East South Central:
Kentucky
Tennessee
Alabama
Mississippi
W e s t South C e n t r a l :
Arkansas
Louisiana
Oklahoma
Texas
Mountain:
Montana
Idaho
Wyoming
Colorado
N e w Mexico
Arizona
Utah
Nevada
Pacific:
Washington
Oregon
California
Mutual

Savings Banks1

OF BANKS LOCATED IN F E D E R A L R E S E R V E D I S T R I C T S P E C I F I E D
9,978
122,034
50,080
120,799
6,360
66,589
34,268
86,549
145,685
392,394
161,830
109,474
101,296
25,606
191,338
14,360

259
16
276
30
216

971
' 15

200
272
1,297
450
118

1,120
150
1,354

836
803
15
44
352

For footnote see opposite page.




11,239
84,528
4,845
129,187
2,301
66,557
7,933
40,798
64,253
528,109
179,990
81,902
136,453
1,213
4 5 ,6 1 2
8,749

4,519
32,229
2 ,4 5 2
34,559
559
7,558
2,303
9,116
10,502
33,114
23,559
10,600
5,926
960
5,852
2,687

545
4
44
288
23
591
7
654
159
32
5
143
6
136

4
1,525
16
1,481

96
1,133
1,160

277
403

325
222

28
427
167
3,991
49
1,097
33
6,730
180
50
19
282

307
8,440
117
6,466
131
2,641
20
1,413
3,172
21,944
8,640
2,304
1,098
161

1,340
1,119

94
1,554
93
1,256
103
1,214
193
658
1,245
6,983
2,681

2,808
964
32
824
1,126

290,939
3,413,551
343,175
3,497,449
104,422
1,084,737
265,773
988,267
2,021,172
10,654,345
4,389,497
1,888,915
1,281,737
151,573
1,448,049
324,763

Connecticut—Dist. No. 2
N e w Jersey—Dist. No. 2
K e n t u c k y — D i s t . No. 4
P e n n s y l v a n i a — D i s t . No. 4
W e s t Virginia—Dist. No. 4
Louisiana—Dist. No. 6
Mississippi—Dist. No. 6
Tennessee—Dist. No. 6
I n d i a n a — D i s t . No. 7
Illinois—Dist. No. 7
Michigan—Dist. No. 7
Wisconsin—Dist. No. 7
Missouri—Dist. No. 10
N e w Mexico—Dist. No. 10
O k l a h o m a — D i s t . No. 10
Arizona—Dist. No. 12

16
A L L M E M B E R BANKS—ASSETS A N D LIABILITIES
L I A B I L I T I E S [In thousands of dollars]
D e m a n d deposits

Individuals, partnerships,
and corporations

State
Total

T o t a l , all S t a t e s .
New England:
Maine
New H a m p s h i r e . . . .
Vermont
Massachusetts
Rhode Island
Connecticut
Middle Atlantic:
New York
New Jersey
Pennsylvania
East N o r t h Central:
Ohio
Indiana
Illinois
Michigan
Wisconsin
West N o r t h Central:
Minnesota
Iowa
Missouri
North Dakota
South D a k o t a
Nebraska
Kansas
South Atlantic:
Delaware
Maryland
District of Columbia
Virginia
West Virginia
N o r t h 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
Nevada
Pacific:
Washington
Oregon
California
Mutual Savings Banks1.

United
States
Government

States
and political
subdivisions

Time deposits

Banks
United
States

Banks
in
foreign
countries

Certified
and
officers'
checks,
etc.

Total

Individuals,
United PostpartnerStates
al
ships, and Govern- Savcorporaings
ment
tions

States
and
political
subdivi-

9 2 , 4 5 9 , 4 5 5 7 0 , 9 4 6 , 6 6 7 2 , 1 2 1 , 9 6 9 5 , 8 5 0 , 3 7 5 10,098,396 1 , 4 7 9 , 6 3 2 1 , 9 6 2 , 4 1 6 2 8 , 9 0 2 , 4 2 1 2 7 , 8 0 1 , 1 5 1 107,156 3 , 7 9 3 927,324 29,990
181,614
134,569
60,703
2,940,856
393,468
768,158

154,433
107,643
54,110
2,334,824
335,672
654,040

3,961
3,386
1,150
70,211
9,826
20,648

13,773
12,800
3,095
172,671
27,858
38,167

25,202,633 19,022,356
2 , 1 5 3 , 1 3 2 1,764,262
6,023,187 5,044,413

533,459
57,539
131,126

19,193
1,263
43

3,318
4,438
1,389
58,466
7,482
22,376

131,497
43,906
66,596
665,387
205,819
243,845

130.387
43,394
65,888
659,872
205,117
241,595

598
404
133
2,751
637
1,549

598,857
239,627
199,233

2,962,055 1,280,859
43,803
509
553,008
13,906

805,047
47,392
81,501

3,796,273
1,718,052
2,510,377

3,694,043
1,707,426
2,398,023

22,218

1,967
940

46,033
8,611
385 108,866

66,987
25,601
88,980
41,259
24,886

2,229,547
598,744
2,617,616
1,779,284
746,509

2,106,294
594,678
2,464,825
1,769,944
740,314

1,607
2,422
1,529
2,666
4,165

311 120,057
651
28
93 151,159
6,310
63
40
1,444

20,554
19,439
21,422
1,923
2,161
6,375
10,975

547,505
259,744
517,795
68,998
62,983
106,412
95,112

539,538
257,392
511,997
68,648
61,331
106,287
91,954

1,791
681
250
501
89
1,957

101
75
133
6
3
23
38

4,050
5,034
17,227
23,274
17,336
15,257
5,648
14,465
11,164

25,406
299,031
189,151
440,002
188,260
145,962
65,136
191,401
233,764

25,178
295,244
186,876
414,895
186,017
137,186
63,159
189,917
221,007

226
1,617
2,250
6,156
1,233
4,210
640
1,069
1,293

10
1,
25
165 18,434
30
665
8 4,237
7
1,030
47
347
66 10,353

6,111

6,302
959
285,491
11,367
32,884

6
20
3
144
50
25

506
88
572
2,524
15
676

4,061,186
1,600,095
8,063,879
2,512,378
1,210,345

3,332,240
1,236,337
6,127,282
2,011,817
946,340

140,739
35,876
253,817
118,782
45,233

238,967
198,582
416,734
186,695
75,469

278,482
103,638
1,150,281
149,181
117,965

1,511,810
898,926
2,757,629
200,492
276,234
838,540
960,567

1,020,751
633,865
1,818,787
178,920
231,447
631,061
690,814

31,465
27,422
62,630
4,415
6,199
14,325
14,471

160,363
114,336
143,976
6,545
27,496
43,293
159,454

276,284
103,864
706,302
8,689
8,931
143,485
84,853

273,490
822,353
769,744
1,009,458
542,210
829,707
393,007
988,051
1.058.473

237,148
647,325
680,175
754,240
409,295
571,102
313,756
688,983
792,030

25,914
19,469
19,784
21,516
19,417
16,146
7,746
18,970
12,013

2,147
66,502
99
74,624
55,731
100,317
49,442
89,456
133,611

4,231
82,787
47,969
135,580
40,431
126,885
16,415
176,127
107,288

889,563
1,181,856
809,897
242,988

671,802
758,278
601,379
162,613

11,801
15,254
14,149
3,509

38,230
115,746
116,895
40,089

159,413
279,343
69,878
35,161

74
276

8,317
13,161
7,320
1,616

140,181
319,607
211,364
60,491

138,668
310,695
208,777
59,782

768
3,285
1,323
704

16
199
17

457,126
1,092,734
1,283,906
5,136,364

344,462
697,246
924,028
3,753,869

6,270
13,793
26,038
58,729

41,533
180,682
168,264
424,988

59,784
177,117
146,420
769,943

9,146
676
6,575

5,077
14,750
18,480
122,260

76,223
214,645
97,988
544,540

75,367
209.388
92,901
447,599

520
681
203
7,600

25
211
70
3,841
95
3,170
370 86,530

410,518
301,119
177,358
787,611
211,294
281,996
358,482
98,436

316,568
236,050
142,971
644,226
154,318
222,590
261,862
77,232

5,867
3,896
2,748
17,881
3,090
3,541
3,084
1,787

55,800
51,192
18,084
40,630
39,913:
46,133
48,247
16,490

27,849
6,490
11,077
76,841
10,588
2,891
41,311
971

84,731
79,243
35,799
194,539
33,894
74,627
116,303
52,701

83,972
78,501
34,890
192,980
31,879
74,162
115,524
50,549

161
673
420

11

36

4,434
3,491
2,478
7,997
3,385
6,222
3,978
1,956

2,002
250
499
134

5
20

1.262.474
872,985
7,165,854

1,047,318
710,415
5,793,972

22,209
14,280
146,388

99,833
99,172
558,534

73,420
30,764
347,487

16,859
17,397
227,812

495,429
354,179
4,925,823

488,990
347,945
4,580,156

5,526
86
14,559

3,771

61

26,785
4,644
452
2,393
4,512

1
1,236
4,490
224

50
2,367

619

2,835
957
91,661

14

..

101

112

7
17
5
12

2,009
486
4,924
94
1,148
11

1,130

674
2,236
307

586
18
472
229

1

210
190

2,018

504
19
15
6,038
362 326,441

16,227
STATES LOCATED IN TWO F E D E R A L R E S E R V E DISTRICTS—CONDITION

Connecticut—Dist. No. 2 .
New Jersey—Dist. No. 2 . .
K e n t u c k y — D i s t . 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. 1 . . . .
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 . .
1

178,049
1,712,754
252,463
2,250,535
54,831
849,730
197,690
702,871
1,384,739
7,583,270
2,446,445
1,115,160
1,102,506
116,268
1,259,985
244,925

148,684
1,417,797
226,597
1,913,593
39,969
523,317
125,510
465,976
1,065,851
5,770,939
1,957,949
865,603
632,752
73,588
906,115
193,600

6,936
43,796
3,121
57,247
4,578
10,630
2,736
10,721
32,298
246,001
116,722
41,933
13,742
2,301
25,855
3,148

9,101
166,330
16,705
57,319
5,892
152,335
34,362
78,459
174,901
384,631
178,321
68,276
42,864
28,391
163,498
39,554

197
42 139
4 274
189 803
2 410
147 545
33 ,843
137 707
90 141
1,069 ,461
148 ,761
115 , 2 6 8
400 ,968
9 ,605
145 ,926
2 ,815

509
'L839
9,146
61
26,785
4,640
452
762
676
619

5,131
90,941
42,183 1 , 4 6 3 , 6 0 4
65,908
1,766
859,873
30,734
34,543
1,982
175,711
6,757
53,532
1,239
10,008
225,317
522,326
21,487
85,453 2 , 4 0 2 , 3 8 1
40,052 1 , 6 9 0 , 6 8 0
658,549
23,628
11,418
112,136
27,864
2,383
95,804
17,915
5,189
62,881

These banks, two in Wisconsin and one in I n d i a n a , are included in the figures for those States.




90,787
1,455,952
65,504
831,743
33,956
170,613
52,826
216,470
518,402
2,281,981
1,681,687
652,593
111,786
25,852
90,734
62,416

71
1,379
17
233
681
701
3,285
2,410
1,506
2,643
4,161
78
2,000
200
250

68
6,236
356
195 25,712
5
447
60
3,692

1

197
2,225
621
8
39 118,845
8 6,041
35
1,214
15
202
11

95
5

1

3,161
210

[

7

OF BANKS O N D E C E M B E R 31, 1948, BY S T A T E S
L I A B I L I T I E S A N D C A P I T A L A C C O U N T S [In t h o u s a n d s of dollars]

Bills
payable
and
other
borrowed
money

45,407

Acceptances
standing

Other
liabilities

201,322 9 8 1 , 8 0 4

Total
liabilities

Capital

Surplus

122,590,409

2,781,808

3,969,572

Undivided
profits

1,601,946

Other
capital

447,788

314,508
179,018
128,281
3,664,094
604,545
1,017,833

10,540
5,860
4,832
99,779
15,570
29,312

11,168
8,398
4,828
151,940
22,620
34.347

6,730
4,303
2,836
53,857
5.331
15,100

1,132
1,235
1,347
29,575
4,364
3,786

Total
capital
accounts

N e t dem a n d deposits
subject to
reserve
(see
page 18)

Demand
deposits
adjusted
(see footn o t e on
page 1)

8,801,114 80,209,758 72,151,898
29,570
19,796
13,843
335,151
47,885
82,545

150,206
111,194
49,724
,618,651
357,783
641,636

161,418
115,542
54,878
2,347,550
352,278
665,365

140

26,189
439
28

1,397
427
882
30,662
4,819
5,662

28,185
200
1,947

118,330
427
4,999

509,959
18,311
42,706

29,655,380
3,890,122
8,583,216

758,529
97,839
271,638

1,373,683
445,093

112,111

512,854
47,627
143,928

72,431
18,404
46,644

2,717,497 22,892,449 18,362,490
275,981 1 , 9 0 1 , 2 3 2 1 , 9 5 5 , 9 7 5
907,303 5 , 2 6 0 , 4 9 3 4 , 9 1 2 , 8 2 9

450
50

1,115
33
7,157
180
50

26,341
7,779
45,131
24,955
5,358

6,318,639
2,206,701
10,733,783
4,316,822
1,964,262

141,397
40,785
232,679
76,024
38,964

175,983
54,157
274,857
101,695
44,672

63,099
24,352
86,709
42,221
26,620

15,944
6,164
65,901
18,977
9,006

396,423 3 , 5 0 5 , 1 5 4 3 , 3 5 1 , 8 0 9
125,458 1 , 3 5 4 , 8 0 0 1 , 3 9 0 , 6 2 5
660,146 7 , 0 6 0 , 3 8 1 6 , 0 7 7 , 1 4 0
238,917 2 , 1 5 8 , 2 5 5 2 , 0 5 7 , 6 7 9
962,318
998,630
119,262

422
1
850

14,829
1,673
10,961
931
1,035
1.624
2,125

2,074,566
1,160,544
3,288,585
270,521
340,327
953,076
1,058,089

39,216
19,794
73,549
4,030
4,893
18,700
19,100

57,395
29,651
64,196
4,780
6,791
18,466
22,788

21,822
14,449
50,646
2,572
3,425
11,110
12,044

12,584
5,887
4,331
785
3,908
2,002

131,017 1 , 2 3 6 , 5 9 1
755,679
69,781
192,722 2 , 2 7 3 , 7 1 0
178,391
12,167
244,493
16,271
705,956
52,184
803,331
55,934

1,057,728
729,211
1,710,982
182,942
255,749
629.029
844,790

1 ,947
4,182
5,205
7,292
2,120
8,731
1,916
7,784
5,264

300,893
1,125,770
964,100
1,457,801
733,430
984,532
460,059
1,187,269
1,297,551

8,873
22,972
19,600
38,276
19,399
15,925
7,525
24,337
30,200

19,020
36,418
29.500
47,039
27,852
32,220
8,955
30.501
37,566

5,801
13,545
11,213
20,390
8,973
8,262
4,549
11,275
10,202

140
5,655
2,593
6,146
3,780
4,266
2,016
7,314
4,505

33,834
78,590
62,906
111,851
60,004
60,673
23,045
73,427
82,473

247,965
711,116
674,795
825,324
450,643
678,733
334,281
799,181
866,422

232,743
660,163
652,362
764,094
458,194
601,762
349,665
682,367
873,314

1,235
1,478
49

4,526
5,807
4,803
710

1,034,270
1,508,505
1,027,542
304,238

22,685
26,652
20,685
5,983

33,964
43.348
26,708
10,236

10,225
13,889
12,626
391

1,518
2,891
4,532
182

68,392
86,780
64,551
16,792

726,456
980,570
691,259
192,542

660,605
815,645
698,073
195,934

5,725
282
8,466

1,384
5,072
4,639
15,550

534,733
1,318,176
1,386,815
5,704,920

10,710
20,061
26,788
119,929

12,306
29,425
32,649
126,351

7,868
11,760
24,356
56,946

1,312
1,586
5,632
17,530

32,196
62,832
89,425
320,756

372,319
908,191
1,040,545
4,104,779

371,009
811,325
1,064,872
4,017,698

1,211

981
505
3,442
452
3,651
2,012
954

496,460
381,343
213,662
985,800
245,640
360,274
476,797
152,091

8,315
6,510
3,025
16,704
4,961
5,150
9,375
2,163

7,727
6,448
5,452
22,765
4,340
6,695
10,757
2,275

5,052
3,071
2.332
14,217
365
2,569
4,647
3,707

630
726
911
4,434
1,838
1,009
1,399
29

21,724
16,755
11,720
58,120
11,504
15,423
26,178
8,174

175
626
572
724
706
930
975
116

362,901
280.030
159,495
655,114
195,588
265,296
292,188
91,446

6.625
6,929
110,543

1,764,688
1,234,576
12,225,562

27,220
17,510
237,245

33,976
24,171
241,289

21,579
23,441
137,060

12,370
5,494
21,781

95,145
70,616
637,375

1,084,003
775,657
6,247,414

1,060,025
766,400
5,935,263

100
100
1,000

25
2,000
200
1,350
100
75
6,500
285
50
75
900
840

16

129
149
132

160
483
22,742

52

1,162

15

16,293

353
265
141
657
166
255
308
89

1,534

State

T o t a l , all S t a t e s
New England:
Maine
N e w Hampshire
Vermont
Massachusetts
R h o d e Island
Connecticut
Middle Atlantic:
N e w York
N e w Jersey
Pennsylvania
E a s t N o r t h Central:
Ohio
Indiana
Illinois
Michigan
Wisconsin
W e s t N o r t h Central:
Minnesota
Iowa
Missouri
North Dakota
South Dakota
Nebraska
Kansas
South Atlantic:
Delaware
Maryland
District of Columbia
Virginia
W e s t Virginia
N o r t h Carolina
South Carolina
Georgia
Florida
East South C e n t r a l :
Kentucky
Tennessee
Alabama
Mississippi
W e s t South C e n t r a l :
Arkansas
Louisiana
Oklahoma
Texas
Mountain:
Montana
Idaho
Wyoming
Colorado
N e w Mexico
Arizona
Utah
Nevada
Pacific:
Washington
Oregon
California
Mutual

Savings Banks1

OF BANKS LOCATED IN F E D E R A L R E S E R V E D I S T R I C T S P E C I F I E D
268,990
3,176,358
318,371
3,110,408
89,374
1,025,441
251,222
928,188
1,907,065
9,985,651
4,137,125
1,773,709
1,214,642
144,132
1,355,789
307,806

200
350

25
2,000
50

28
427
183
5,707
49
1,097
33
7,157
180
50
20
282

1,848
15,441
713
16,654
502
4,087
651
3,574
6,725
43,647
24,766
4,887
2,309
415
4,587
3,326

For footnote see opposite page.




270, ,866
3, ,192, ,426
319, ,084
3,,127. ,245
90;,226
1 ,035:,235
251 ,922
932 ,859
1 ,913 ,823
10 ,036 ,455
4 ,162 ,096
1 ,780 ,646
1 ,217 ,021
144 ,547
1 ,360 ,658
311 ,132

7,856
77,483
8,350
116,245
4,290
15,154
4,863
18,240
34,582
219,390
72,024
34,914
22,945
3,181
26,078
4,900

8,415
91,804
10,938
175,770
6,785
22,775
8,608
26,469
46,996
258,461
97,194
40,310
21,134
2,706
31,892
5,695

2,796
38,785
3,988
50,962
1,770
10,029
261
8,983
20,586
78,001
39,674
24,711
18,297
89
23,989
2,127

1,006
13,053
815
27,227
1,351
1,544
119
1,716
5,185
62,038
18,509
8,334
2,340
1,050
5,432
909

151,677
20, ,073
156,832
221, ,125 1,506,192 1 , 5 4 1 , 7 8 2
240,223
197,538
24, ,091
370, ,204 2 , 0 0 0 , 5 4 9 1 , 8 7 2 , 4 5 9
46,170
45,542
14,,196
615,852
716,584
49, ,502
153,178
,851
155,489
13.
513,645
55:,408
575,524
107 ,349 1 , 1 7 5 , 0 0 5 1 , 1 9 7 , 9 8 6
617 ,890 6 , 6 6 2 , 7 6 7 5 , 7 1 2 , 9 1 4
227,,401 2 , 1 0 4 , 6 2 5 1 , 9 9 6 , 3 3 2
875,605
924,179
108 ,269
550,581
864,757
64 ,716
103,149
7 ,026
89,449
,391 1 , 0 2 3 , 0 3 5 1 , 0 4 1 , 9 1 6
87
229,594
221,816
13 ,631

Connecticut—Dist. No. 2
New Jersey—Dist. No. 2
K e n t u c k y — D i s t . No. 4
Pennsylvania—Dist. No. 4
West Virginia—Dist. No. 4
Louisiana—Dist. No. 6
Mississippi—Dist. No. 6
Tennessee—Dist. No. 6
I n d i a n a — D i s t . No. 7
Illinois—Dist. No. 7
Michigan—Dist. No. 7
Wisconsin—Dist. No. 7
Missouri—Dist. No. 10
N e w Mexico—Dist. No. 10
Oklahoma—Dist. No. 10
Arizona—Dist. No. 12

i8
A L L M E M B E R BANKS—RESERVE POSITION O N D E C E M B E R 31, 1948
[In thousands of dollars]

Gross
demand
deposits

All m e m b e r b a n k s

Net
Deductions demand
allowed i n deposits
computing subject to
reserves 1
reserve

Reserves with Federal
Reserve Banks
Time
deposits
Total2

Required 3

92,459,455 12,249,697 80,209,758 28,902,421 20,405,686 19,271,729

Central reserve city banks

27,604,748 2 ,554,723 25,050,025 2,711,947 6 ,967,919

Excess

Ratio of
total
reserves
to net
demand
plus time
deposits
(per cent)

Ratio of
required
reserves
to net
demand
plus time
deposits
(per cent)

1,133,957

18 .7

17.6

6,716,403

251,516

25 .1

24.2

Reserve city banks

34,533,468 5 ,108,746 29,424,722 11,409,415 7 ,701,339

7,329,145

372,194

18 .9

17.9

Country banks

30,321,239 4 ,586,228 25,735,011 14,781,059 5 ,736,428

5,226,181

510,247

14 .2

12.9

All member banks, by districts:
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

4,301,319
528,957 3,772,362 1,266,109
855,570
27,093,436 2 ,537,963 24,555,473 5,350,818 6 ,678,807
4,486,520
583,571 3,902,949 1,930,358
957,282
6,619,015
869,604 5,749,411 3,189,871 1 ,490,476
4,311,648
682,926 3,628,722 1,292,999
849,151
4,606,712
802,253 3,804,459 1,091,089
893,667
13,428,540 1 ,806,285 11,622,255 5,533,680 3 ,087,774
3,969,597
639,899 3,329,698
949,057
773,192
2,560,172
419,441 2,140,731
940,781
499,877
5,242,835
957,011 4,285,824
667,666
934,309
5,535,386 1 ,110,119 4,425,267
603,434
966,494
10,304,275 1 ,311,668 8,992,607 6,086,559 2 ,419,087

802,078
6,394,747
885,761
1,379,094
786,481
796,866
2,951,893
715,010
464,618
876,061
882,656
2,336,464

53,492
284,060
71,521
111,382
62,670
96,801
135,881
58,182
35,259
58,248
83,838
82,623

17 .0
22 .3
16 .4
16 .7
17 .3
18 .3
18 .0
18
16 .2
18 .9
19 .2
16 .0

15.9
21.4
15.2
15.4
16.0
16.3
17.2
16.7
15.1
17.7
17.6
15.5

Central reserve city banks:
New York
Chicago

22,313,141
5,291,607

1,710,933 5 ,642,777
1,001,014 1 ,325,142

5,415,453
1,300,950

227,324
24,192

25 .6
23 .2

24.6
22.8

393,736
135,754
445,090
917,589
431,019
420,367
903,645
432,254
202,757
541,035
503,252
2,002,647

20,317
9,143
10,002
57,257
19,409
55,178
41,874
28,618
7,365
22,097
37,545
63,389

21,.6
17..9
20..9
18..9.
20..1
21. 8
17. 5
21. 1
20. 2
20. 9
21. 3
16. 5

20.6
16.8
20.4
17.8
19.3
19.3
16.7
19.8
19.4
20.1
19.8
16.0

408,342
843,540
440,671
461,505
355,462
376,499
747,298
282,756
261,861
335,026
379,404
333,817

33,175
47,593
61,519
54,125
43,261
41,623
69,815
29,564
27,894
36,151
46,293
19,234

14. 1
12. 6
13. 7
13. 6
14. 9
15. 4
13. 6
14. 9
14. 2
16. 4
17. 1
13. 6

13.1
12.0
12.1
12.2
13.2
13.9
12.4
13.5
12.8
14.8
15.3
12.9

1 ,978,015 20,335,126
576,708 4,714,899

Reserve city banks, by districts:
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

1,928,135
202,429
595,328
77,875
2,251,818
309,942
4,177,006
511,202
2,135,166
319,978
2,134,488
362,476
4,050,528
620,264
2,205,401
354,082
1,057,073
198,048
555,665
2,893,233
2,697,451
541,516
8,407,841 1 ,055,269

1,725,706
187,745
414,053
517,453
292,189
144,897
1,941,876
238,363
455,092
3,665,804 1,481,495
974,846
1,815,188
422,373
450,428
1,772,012
406,994
475,545
3,430,264 1,986,488
945,519
1,851,319
332,848
460,872
859,025
183,617
210,122
2,337,568
356,938
563,132
2,155,935
385,953
540,797
7,352,572 5,134,412 2 ,066,036

Country banks, by districts:
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

2,373,184
4,184,967
2,234,702
2,442,009
2,176,482
2,472,224
4,086,405
1,764,196
1,503,099
2,349,602
2,837,935
1,896,434

2,046,656 1,078,364
3,702,894 3,347,696
1,961,073 1,691,995
2,083,607 1,708,376
870,626
1,813,534
2,032,447
684,095
3,477,092 2,546,178
1,478,379
616,209
1,281,706
757,164
1,948,256
310,728
2,269,332
217,481
1,640,035
952,147

326,528
482,073
273,629
358,402
362,948
439,777
609,313
285,817
221,393
401,346
568,603
256,399

441,517
891,133
502,190
515,630
398,723
418,122
817,113
312,320
289,755
371,177
425,697
353,051

1
Demand balances with banks in United States, except private banks and American branches of foreign banks, plus cash items in process of
collection. War loan and series E bond accounts were also exempt from reserve requirements and were, therefore, deducted in computing net
demand deposits subject to reserve for the December 1943-December 1946 call dates shown on page 2. The difference between the figures shown
in this column and the figures shown against the corresponding captions under "Assets" is accounted for by an excess of allowable deductions
over gross demand deposits at a number of banks.
2
As reported by member banks. These figures differ from those shown by the Federal Reserve Banks' books because of a lack of synchronization 3 entries on the books of the Federal Reserve Banks and the member banks.
of
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 prescribed the following requirements as to reserves to be maintained by each member bank effective September 16, 1948 at Country banks
and September 24 at other classes: Time deposits—7^ per cent for all member banks; Net demand deposits—26 per cent for Central reserve city
banks, 22 per cent for Reserve city banks, and 16 per cent for Country banks.




STATE MEMBER BANKS—ASSETS AND LIABILITIES ON DECEMBER 31, 1948, BY FEDERAL RESERVE DISTRICTS
[In thousands of dollars]
Federal Reserve district
Total
Boston

New
York

Philadelphia

Cleveland

Rich-

ASSETS
31,770,955 1,225,308 14,958,839 1,684,137 2,831,789 1,432,656
Loans and investments
12,308,426
444,729 6,283,007
Loans (including overdrafts)
580,958 935,003
590,418
17,299,029
725,457 7,893,874 918,328 1,660,920
United States Government direct obligations
753,983
2,077
168
Obligations guaranteed by United States Government
984
255
342
8
1,294,380
21,381
117,991
Obligations of States and political subdivisions
444,730
106,803
39,755
745,949
29,129
261,784
Other bonds, notes, and debentures
66,945
111,520
44,410
4,444
Corporate stocks (including Federal Reserve Bank stock)
121,094
74,460
6,013
10,848
4,082
349,275 5,614,318 553,878 843,039
11,227,597
Reserves, c a s h , a n d b a n k b a l a n c e s
557,332
206,369 3,880,975
7,048,744
498,407
Reserve with Federal Reserve Banks
337,863
297,512
27,490
460,619
148,337
Cash in vault
64,284
26,262
34,166
Demand balances with banks in United States (except private
60,517
1,340,321
banks and American branches of foreign banks)
184,234
74,181
144,216
99,350
7,857
305
3,389
1,157
219
838
133
12,388
10,344
5
92
27
Balances with banks in foreign countries
54,461 1,387,039
2,357,668
114,410
135,202
126,058
Cash items in process of collection
1,057
1,057
300,989
17,621
146,367
22,489
Bank premises owned and furniture and fixtures
24,687
18,962
84
3,988
1,146
194
255
396
Other real estate owned
Investments and other assets indirectly representing bank premises
1,049
4,167
3,677
14,651
1,920
2,032
1,221
50
66,416
59,652
109
228
85,093
3,202
50,079
4,819
5,923
3,151
Income accrued but not yet collected
1,303
40,742
14,799
4,503
2,493
4,388
Other assets

Atlanta

492,299
224,998
222,309
6
37,375
5,666
1,945
212,676
99,463
13,877

Chicago

St,

Minneapolis

Kansas
City

Dallas

San
Francisco

4,242,384 1,320,807 352,500 654,106 435,563 2,140,567
1,250,727
579,928 118,530 266,841 180,823 852,464
2,557,700
652,201 211,527 324,623 213,168 1,164,939
76
117
42
4
75
288,411
43,813
14,779 52,487 37,863
'88^992
139,041
39,298
7,138
9,029
2,721
29,268
6,429
5,450
484
1,122
913
4,904
1,272,042 529,530 108,604 306,275 217,347 663,281
774,458 278,334 60,393 141,727 90,359 382,884
73,668
20,139
6,093
8,236 13,318
24,749

70,000
55
5
29,276

255,858
688
140
167,230

110,824
111
14
120,108

34,340

6,946
254

25,626
48

9,393
943

1,382
8

3,221
88

5,195
401

19,100
171

580
827
1,279

1,532
403
7,762
3,105

9
195
2,192
3,927

118
399
189

844
1,680

1
18
240
337

146
3,960
5,655
2,739

1
7,777

85,062 100,638
170
72
35
46
71,045 12,914

121,101
853
1,546
132,148

43,511,488 1,599,063 20,850,424 2,273,949 3,710,273 2,018,885 714,861 5,552,902 1,866,996 463,082 966,332 659,102 2,835,619

Total assets
LIABILITIES

D e m a n d deposits
Individuals, partnerships, and corporations
United States Government
States and political subdivisions
Banks in United States
Banks in foreign countries
Certified and officers' checks, cash letters of credit, and travelers'
checks, etc
Time deposits
Individuals, partnerships, and corporations
United States Government
Postal Savings
States and political subdivisions
Banks in United States
Banks in foreign countries
Total deposits
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
Total liabilities
CAPITAL ACCOUNTS

Capital
Surplus
Undivided profits
Other capital accounts

Total capital accounts
Total liabilities a n d capital a c c o u n t s
Net demand deposits subject to reserve (see page 18)
Demand deposits adjusted (see footnote on page 1)
Pledged assets (and securities loaned)
Number of banks




30,645,785 1,023,935 15,984,922 1,616,139 2,091,393 1,435,137 534,897 3,202,178 1,422,663 307,283 812,506 562,733 1,651,999
876,160 12,232,344 1,424,689 1,787,019 1,092,570 395,285 2,596,403 1,010,940 246,742 536,442 459,068 1,357,917
24,015,579
21,891
352,030
50,070
741,325
31,517
67,157
8,458
126,283
33,819
5,120
10,657
4,621
29,702
64,425
1,375,537
425,717
49,360
99,028
116,022
68,979
214,930
69,839 37,397
75,380 65,745
88,715
29,007 1,763,033
3,053,549
76,714
107,222
172,503
55,476
204,408
295,276
14,524 182,436 24,356
128,594
1,373
730,628
702,743
90
1,888
1,663
186
1,591
2,927
4
419
17,454
290
31,079
729,167
509,055
15,216
29,079
20,862
6,513
58,563
9,862
3,496
7,172
29,617
8,653
432,739 2,798,364 445,525 1,374,223 434,788 131,935 2,041,335 324,479 132,092 99,043 61,008 1,033,723
9,309,254
432,014 2,753,223 421,701 1,325,085
9,087,050
419,949 128,209 2,016,800 321,405 130,624 98,380 57,654 982,006
386
17,243
9,124
275
631
4,590
309
597
1,094
169
30
15
23
75
1,088
10
34
146
162
35
554
18
29
7
7
11
194
24,550
189,308
23,137
48,407
9,757
2,545
23,110
1,957
1,270
526 3,307
50,548
70
5,227
2,119
22
310
330
837
274
5
100
25
1,135
9,338
9,338
39,955,039 1,456,674 18,783,286 2,061,664 3,465,616 1,869,925 666,832 5,243,513 1,747,142 439,375 911,549 623,741 2,685,722
20,011
20,011
200
4,077
350
765
237
750
25
1,300
100
350
1,221
67,117
73,994
50
109
580
228
410
195
18
4,066
822
19,757
12,619
1,481
755
542
615
1,113
561
62
173
257
757
3,290
50,760
18,699
3,337
3,474
5,101
7,185
1,283
215
2,329
468
206
5,173
6,355
47,420
102,008
6,698
6,143
9,904
9,441
1,299
3,958
314
1,311
843
8,322
1,751
142,215
124,807
1,739
1,613
4,968
330
3,292
1,037
21
284
32
2,341
40,367,861 1,470,313 19,074,309 2,075,206 3,483,967 1,885,926 670,939 5,264,979 1,756,522 440,087 914,135 625,097 2,706,381
957,599
1,463,927
593,964
128,137

39,543
52,063
20,989
16,155

510,312
882,333
340,515
42,955

56,815
99,605
34,218
8,105

75,246
104,388
36,825
9,847

40,031
65,152
20,022
7,754

13,921
21,485
6,554
1,962

86,018
109,434
59,102
33,369

43,424
40,256
24,294
2,500

8,177
8,018
5,554
1,246

3,143,627

128,750

1,776,115

198,743

226,306

132,959

43,922

287,923

110,474

22,995

18,120
17,008
14,848
2,221

13,385
12,733
6,663
1,224

52,607
51,452
24,380
799

52,197 34,005

129,238

43,511,488 1,599,063 20,850,424 2,273,949 3,710,273 2,018,885 714,861 5,552,902 1,866,996 463,082 966,332 659,102 2,835,619
26,949,072
23,762,615
2,827,567
1,927

909,116 14,413,649 1,427,548 1,811,975 1,209,729 435,621 2,779,689 1,191,731 265,166 656,399 449,181 1,399,268
917,203 11,780,077 1,374,855 1,779,924 1,103,396 441,501 2,702,666 970,533 279,858 547,949 520,552 1,344,101
75,558
892,319 300,674 327,464 238,805 101,645 280,915
56,615 111,259 79,633
135,602
227,078
45
251
89
67
441
235
139
172
130
131
145
82

CONTENTS
Assets and Liabilities:

PAGE

Of All Member Banks April 11, 1949, December 31, 1948, and April 12, 1948

1

Of All Member Banks on Selected Call Dates, 1944-1949

2

By Class of Bank

3

By Federal Reserve Districts

4-5

Assets and Liabilities of Member Banks in Each Central Reserve and Reserve City and of Country
Banks in Each Federal Reserve District
Assets and Liabilities of Member Banks, by States

6 9
10-13

Reserve Position by Class of Bank and Federal Reserve Districts

14

Assets and Liabilities of State Member Banks, by Federal Reserve Districts

15

These statistics are tabulated from condition reports submitted by member banks following each official call, a minimum of three of which are required by law each year. The Comptroller of the Currency
tabulates the national bank reports and publishes the results in the Abstract of Reports of Condition of National
Banks. The Board of Governors of the Federal Reserve System tabulates the reports of State member banks
and publishes the combined statistics of national and State member banks in the Member Bank Call Report.
Member banks are classified according to their reserve requirements as central reserve city banks,
reserve city banks, or nonreserve city ("country") banks. A member bank that has an office in a central
reserve city is classified as a central reserve city bank; a member bank that has an office in a reserve city, but
not in a central reserve city, is classified as a reserve city bank; a member bank that does not have an office
in a reserve or central reserve city is classified as a country bank. However, some banks in outlying sections
of central reserve cities have permission to maintain the reserves required of reserve city banks or country
banks; and some banks in outlying sections of reserve cities have permission to maintain the reserves required of country banks. Condition reports of member banks are tabulated in accordance with the reserve
classifications of the banks. Since a member bank that has two or more offices, whether in the same city
or in different cities, submits a consolidated condition report, the report is tabulated according to a single
location (that of the bank's head office, unless it has a branch in a city where banks are subject to higher
reserve requirements).
The comparability of figures for succeeding call dates is affected somewhat by changes in Federal Reserve
membership, mergers, etc., and by changes in the reserve classification of cities or individual banks.




FEDERAL RESERVE SYSTEM
BOUNDARIES

OF F E D E R A L R E S E R V E

DISTRICTS

AND T H E I R BRANCH T E R R I T O R I E S

MINNEAPOLIS )

r Detroit
,'So/f L oke <
x

c/s

Oeeha

co

TuEVEt-AND

CHICAGO 1
V
1

°»nver
KANSAS CITY

tto.

Louisville /
ST. LOUIS

Nashville

Oklahoma City

Charlotte

I Little Rock >
I
l'lB'mi-"aMAATL.ANTA^
DALLAS|
\EI Pa«o

S535

BOUNDARIES OF FEDERAL RESERVE DISTRICTS
BOUNDARIES OF FEDERAL RESERVE BRANCH TERRITORIES

•

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM

•

FEDERAL RESERVE BANK CITIES

•

FEDERAL RESERVE BRANCH CHTES

New Orleans
l So# Antonio >




OCTOBER

A 1*48

BOARD OF GOVERNORS OR THE FEDERAL RESERVE SYSTtU.