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M E M B E R BANK CALL REPORT NUMBER 105 CONDITION OF MEMBER BANES J UNE 309 1947 BOARD OF GOVERNORS OF |THE FEDERAL RESERVE SYSTEM WASHINGTON TABLE OF CONTENTS Assets and Liabilities: Of All Member Banks June 30, 1947, December 31, 1946, and June 2.9, 1946 1 Of All Member Banks on Selected Call Dates, 2. 1942.-1947 By Class of Bank 3 By Federal Reserve Districts 4-$ Classification of Loans and Investments: Of All Member Banks by Class of Bank, and on Selected Call Dates, 1942.-1947 Of All Member Banks, by Federal Reserve Districts Of Reserve City and Country Member Banks, by Federal Reserve Districts 6 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 non-reserve 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 w i t h 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 AND LIABILITIES OF MEMBER BANKS ON JUNE 30, 1947, COMPARED WITH DECEMBER 31, 1946, AND JUNE 29, 1946 [Amounts in thousands of dollars] C h a n g e since- C o n d i t i o n on— June 30, 1947 Dec. 31, 1946 June 29, 1946 Dec. 31, 1946 June 29, 1946 94,801,522 28,655,103 59,188,501 9,863 3,981,637 2,688,436 277,982 96,361,989 26,695,670 63,030,370 11,445 3,547,509 2,803,256 273,739 102,031,630 23,302,464 72,251,496 20,013 3,306,835 2,860,553 290,269 -1,560,467 +1,959,433 -3,841,869 - 1,582 +434,128 -114,820 +4,243 -7,230,108 +5,352,639 -13,062,995 -10,150 +674,802 -172,117 -12,287 Reserves, cash, and bank balances 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 28,694,099 16,040,361 1,408,907 29,586,897 16,014,569 1,575,556 28,079,483 16,000,610 1,141,017 -892,798 +25,792 — 166,649 +614,616 +39,751 +267,890 5,489,091 31,588 34,228 5,689,924 5,900,492 35,202 56,143 6,004,935 5,734,475 37,100 33,542 5,132,739 -411,401 -3,614 -21,915 -315,011 -245,384 -5,512 +686 +557,185 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 284 798,485 12,723 6,353 789,239 14,235 9,959 786,748 16,898 -6,069 +9,246 -1,512 -9,675 +11,737 -4,175 61,294 86,439 225,637 116,180 60,573 116,995 218,481 85,964 63,512 90,688 229,042 92,349 +721 —30,556 +7,156 +30,216 -2,218 -4,249 -3,405 +23,831 124,796,663 127,240,726 131,400,309 -2,444,063 —6,603,646 LIABILITIES Demand deposits ; Individuals, partnerships, and corporations United States 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 87,361,458 67,933,249 910,698 184,465 5,375,667 9,612,469 1,369,268 90,917,359 69,126,705 2,473,253 198,748 4,914,500 10,644,127 1,353,444 96,331,901 65,588,767 11,820,314 188,572 4,826,211 10,390,585 1,338,924 -3,555,901 -1,193,456 -1,562,555 -14,283 +461,167 -1,031,658 +15,824 -8,970,443 +2,344,482 -10,909,616 -4,107 +549,456 -778,116 +30,344 1,975,642 2,206,582 2,178,528 -230,940 -202,886 Time deposits — Individuals, partnerships, and corporations. United States Government Postal savings States and political subdivisions Banks in United States. Banks in foreign countries 28,073,648 27,259,348 102,564 3,327 V648.893 38,366 21,150 27,252,542 26,525,446 110,499 3,481 550,970 43,346 18,800 26,186,645 25,567,562 97,413 3,358 446,607 46,105 25,600 +821,106 +733,902 -7,935 -154 +97,923 -4,980 +2,350 +1,887,003 +1,691,786 +5,151 -31 +202,286 -7,739 -4,450 115,435,106 118,169,901 122,518,546 -2,734,795 -7,083,440 270,208 50,010 99,109 51,031 101,529 349,235 125,580 194,878 30,129 132,104 53,132 81,354 356,375 128,062 208,409 72,240 108,372 46,450 63,385 371,862 91,269 +75,330 +19,881 -32,995 -2,101 +20,175 -7,140 -2,482 +61,799 -22,230 -9,263 +4,581 +38,144 -22,627 +34,311 116,481,808 119,145,935 123,480,533 -2,664,127 -6,998,725 2,718,994 3,701,871 1,401,865 492,125 2,691,775 3,595,445 1,287,268 520,303 2,628,165 3,505,260 1,271,291 515,060 +27,219 +106,426 +114,597 -28,178 +90,829 +196,611 +130,574 -22,935 8,314,855 8,094,791 7,919,776 +220,064 +395,079 124,796,663 127,240,726 131,400,309 -2,444,063 -6,603,646 76,183,919 69,594,634 9,951,241 6,928 76,540,041 70,242,852 11,764,847 6,900 73,645,654 67,460,767 21,446,716 6,887 -356,122 -648,218 -1,813,606 +28 +2,538,265 +2,133,867 -11,495,475 +41 ASSETS Loans and investments 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). Total assets. 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 Surplus Undivided profits Other capital accounts. CAPITAL ACCOUNTS Total capital a c c o u n t s Total liabilities and capital accounts., MEMORANDA Net demand deposits subject to reserve (see page 18). Demand deposits adjusted^ Pledged assets (and securities loaned) Number of banks i Demand deposits other than interbank and United States Government, less cash items reported as in process of collection. 1 2. ALL MEMBER BANKS- ASSETS AND LIABILITIES ON SELECTED CALL DATES, JUNE 30, 1942, TO JUNE 30, 1947 [Amounts in thousands of dollars] 1942 June 30 ASSETS Loans and investments Loans (including overdrafts) United States Government direct obligations Obligations guaranteed by United States Government.. Obligations of States and political subdivisions Obligations of Government corporations and agencies not guaranteed by United States Other bonds, notes, and debentures Corporate stocks (including Federal Reserve Bank stock) 1943 June 30 1944 June 30 1945 June 30 46,800,225 16,928,316 21,412,952 2,685,132 2,933,835 67,154,826 14,822,576 44,492,693 2,487,018 2,876,441 83,586,653 18,083,742 59,452,067 886,708 2,833,594 585,067 1,870,638 } 2,127,240 2,019,836 1946 June 29 1946 Dec. 31 1947 June 30 99,426,010 102,031,630 20,587,878 23,302,464 73,206,154 72,251,496 20,013 33,165 3,306,835 3,101,733 96,361,989 26,695,670 63,030,370 11,445 3,547,509 94,801,522 28,655,103 59,188,501 9,863 3,981,637 2,198,416 2,860,553 2,803,256 2,688,436 384,285 348,858 310,706 298,664 290,269 273,739 277,982 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 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 21,721,022 12,295,224 1,021,745 22,310,022 12,093,307 1,141,751 23,796,879 12,812,599 1,142,506 25,766,309 14,806,900 1,150,110 28,079,483 16,000,610 1,141,017 29,586,897 16,014,569 1,575,556 28,694,099 16,040,361 1,408,907 5,684,531 85,569 12,425 2,621,528 5,530,094 48,480 19,077 3,477,313 5,758,042 40,799 17,637 4,025,296 6,448,205 37,907 24,070 3,299,117 5,734,475 37,100 33,542 5,132,739 5,900,492 35,202 56,143 6,004,935 5,489,091 31,588 34,228 5,689,924 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 275 912,669 157,897 3,580 882,776 109,233 176 841,554 59,239 270 800,589 27,678 9,959 786,748 16,898 6,353 789,239 14,235 284 798,485 12,723 97,206 58,830 109,348 88,383 84,774 53,904 146,019 76,077 74,198 51,248 195,765 77,822 65,525 40,964 223,445 84,950 63,512 90,688 229,042 92,349 60,573 116,995 218,481 85,964 61,294 86,439 225,637 116,180 69,945,855 Total assets 90,821,211 108,683,534 126,435,740 131,400,309 127,240,726 124,796,663 LIABILITIES Demand deposits Individuals, partnerships, and corporations U. S. Government: War loan and Series E bond accounts. Other States 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 51,168,041 70,150,581 35,646,301 47,862*531 1,724,343 1 7,006,232 } 229,990 3,230,227 3,521,860 9,110,454 9,648,488 746,180 831,950 710,536 Time deposits ; Individuals, partnerships, and corporations: Savings deposits Certificates of deposit Christmas savings and similar accounts Open accounts United States Government Postal savings States and political subdivisions Banks in United States Banks in foreign countries 12,236,412 Total deposits 63,404,453 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 t a l liabilities CAPITAL ACCOUNTS Capital Surplus Undivided profits Reserve for contingencies Other capital accounts Total capital accounts Total liabilities a n d capital accounts 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 1,049,530 13,865,508 10,357,105 1 566,472 1 13,382,304 129,771 619,738 64,965 34,465 ^ 5,875 14,568 341,234 400,020 66,324 108,782 4,806 5,491 84,328,146 50,756,057 17,343,991 289,668 3,638,179 9,903,521 936,663 96,569,239 57,416,587 21,713,593 253,696 3,877,395 11,063,706 1,105,851 96,331,901 65,588,767 11,820,314 188,572 4,826,211 10,390,585 1,338,924 90,917,359 69,126,705 2,473,253 198,748 4,914,500 10,644,127 1,353,444 87,361,458 67,933,249 910,698 184,465 5,375,667 9,612,469 1,369,268 1,460,067 1,138,411 2,178,528 2,206,582 1,975,642 16,947,405 21,808,837 26,186,645 27,252,542 28,073,648 26,525,446 27,259,348 110,499 3,481 550,970 43,346 18,800 102,564 3,327 648,893 38,366 21,150 f 20,190,338 ] 482,917 1 25,567,562 16,447,652 J 1 158,651 I 422,406 97,413 99,596 97,889 3,358 4,102 3,633 446,607 332,927 392,223 46,105 51,778 44,430 . 25,600 11,350 16,350 84,016,089 101,275,551 118,378,076 122,518,546 118,169,901 115,435,106 195,812 174,769 209,107 196,233 208,409 194,878 270,208 6,007 68,323 40,257 62,325 121,830 56,281 18,183 60,940 40,296 39,271 155,457 64,209 74,785 57,802 42,343 35,550 231,651 61,150 51,897 48,833 45,761 39,140 318,729 81,248 72,240 108,372 46,450 63,385 371,862 91,269 30,129 132,104 53,132 81,354 356,375 128,062 50,010 99,109 51,031 101,529 349,235 125,580 63,955,288 2,379,211 2,446,176 805,612 318,221 | 41,347 5,990,567 69,945,855 84,569,214 101,987,939 119,159,917 123,480,533 119,145,935 116,481,808 2,376,610 2,578,324 896,824 400,239 2,441,643 2,856,333 966,848 430,771 2,535,815 3,159,463 1,106,511 474,034 2,628,165 3,505,260 1,271,291 515,060 2,691,775 3,595,445 1,287,268 520,303 2,718,994 3,701,871 1,401,865 492,125 6,251,997 6,695,595 7,275,823 7,919,776 8,094,791 8,314,855 90,821,211 108,683,534 126,435,740 131,400,309 127,240,726 124,796,663 2,381,083 37,841 202,721 17,171 2,123,350 2,377,812 33,950 189,218 15,522 2,139,122 2,442,563 31,342 165,735 10,536 2,234,950 2,536,232 28,285 127,908 7,772 2,372,267 2,628,477 26,656 84,726 6,537 2,510,558 2,691,986 21,642 77,382 6,045 2,586,917 2,719,126 19,418 62,967 5,267 2,631,474 290,921 23,046 275,677 21,217 251,596 16,147 210,067 12,972 143,170 11,095 133,945 10,558 118,377 9,663 42,867,697 36,965,536 6,304,814 6,647 54,140,078 48,956,608 13,876,989 6,703 57,203,316 51,829,007 24,573,535 6,773 65,110,503 59,133,276 28,989,701 6,840 73,645,654 67,460,767 21,446,716 6,887 76,540,041 70,242,852 11,764,847 6,900 76,183,919 69,594,634 9,951,241 6,928 3 ALL MEMBER BANKS—ASSETS AND LIABILITIES ON JUNE 30, 1947, BY CLASS OF BANK [Amounts in thousands of dollars] Central reserve city member banks 1 New York ASSETS Loans g 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). Chicago Reserve city member banks 1 Country member banks 1 All member banks All national member banks 35,056,823 9,101,619 22,887,386 5,301 1,812,598 1,167,279 82,640 94,801,522 28,655,103 59,188,501 9,863 3,981,637 2,688,436 277,982 62,981,961 18,763,913 39,264,818 6,378 2,897,741 1,893,773 155,338 20,331,642 6,547,930 12,569,672 1,133 630,773 486,095 96,039 4,801,652 1,564,556 2,889,775 174,544 163,406 9,371 34,611,405 11,440,998 20,841,668 3,429 1,363,722 871,656 89,932 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 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 6,243,349 4,165,945 123,432 1,520,752 972,657 35,670 11,241,354 6,274,093 469,986 9,688,644 4,627,666 779,819 28,694,099 16,040,361 1,408,907 19,341,575 10,603,176 966,198 47,341 2,540 160,956 1,427 962 349,080 1,850,439 13,859 10,157 5,489,091 31,588 34,228 5,689,924 4,169,589 23,065 2,622,820 3,430,355 13,762 2,849 834,193 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 284 161,074 589 284,663 7,012 337,412 5,122 284 798,485 12,723 515,112 8,571 28,016 169 2,498 15,589 2,788 47,191 25,857 98,636 52,185 10,639 2,707 44,795 33,191 61,294 86,439 225,637 116,180 46,257 52,247 140,444 63,314 26,890,243 6,358,784 46,368,303 45,179,333 124,796,663 83,149,481 22,682,581 17,202,217 5,037,070 3,417,078 31,983,269 23,934,305 27,658,538 23,379,649 87,361,458 67,933,249 58,088,124 44,670,432 143,485 35,749 260,055 2,898,186 1,227,726 177,897 2,756 303,940 1,056,347 23,972 231,945 79,431 2,300,769 4,773,283 109,360 357,371 66,529 2,510,903 884,653 910,698 184,465 5,375,667 9,612,469 1,369,268 610,708 151,264 4,042,089 6,685,943 708,049 915,163 55,080 554,176 451,223 1,975,642 1,219,639 1,459,184 1,406,793 14,241 870,828 863,728 16,540 460 21,150 5,500 11,268,894 10,887,829 40,396 749 319,171 20,749 14,474,742 14,100,998 46,327 2,578 307,682 17,157 28,073,648 27,259,348 102,564 3,327 648,893 38,366 21,150 19,058,287 18,427,749 80,641 2,789 508,984 31,074 7,050 24,141,765 5,907,898 Total assets 20,260 1,883,831 3,295 55,377 66,617 21,128 3,558,419 LIABILITIES Demand deposits Individuals, partnerships, and corporations United States 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 deposits Due to own foreign branches . . : Bills payable, rediscounts, and other liabilities for borrowed money Acceptances outstanding Dividends declared b u t not yet payable Income collected b u t not yet earned Expenses accrued and unpaid Other liabilities Total liabilities CAPITAL A C C O U N T S Capital Surplus Undivided profits Other capital accounts. Total capital accounts Total liabilities and capital accounts MEMORANDA Par or face value of capital Capital notes and debentures First preferred stock Second preferred stock Common stock 1,600 43,252,163 42,133,280 115,435,106 77,146,411 264,923 5,285 270,208 222,565 1,300 63,425 21,107 12,436 105,452 46,187 2,865 1,658 3,547 22,524 4,349 10,800 29,805 16,643 51,392 143,846 50,010 99,109 51,031 101,529 349,235 125,580 27,860 58,923 33,439 71,422 221,147 71,461 24,656,595 5,942,841 43,572,040 611,997 1,162,435 391,390 67,826 144,350 163,625 59,209 48,759 952,851 1,200,976 440,343 202,093 37,910 3,014 11,623 34,154 77,413 12,938 42,310,332 116,481,81 1,009,796 1,174,835 510,923 173,447 2,718,994 3,701,871 1,401,865 492,125 2,869,001 77,853,228 1,766,321 2,325,826 873,921 330,185 8,314,855 5,296,253 45,179,333 124,796,663 83,149,481 1,009,928 8,596 41,298 5,117 954,917 2,719,126 19,418 62,967 5,267 2,631,474 1,766,446 25,241 150 93,136 9,513 118,377 9,663 38,757 3,656 27,510,260 24,166,430 4,236,323 353 23,395,216 25,507,582 4,153,137 6,524 76,183,919 69,594,634 9,951,241 6,928 50,360,119 46,373,741 7,597,552 5,012 2,233,648 415,943 2,796,263 6,358,784 46,368,303 611,997 144,350 952,851 9,700 21,669 150 921,332 1,122 610,875 20,751,409 16,493,604 1,009,617 37 i See Table of Contents page for basis of classification of member banks. 62,106 26,890,243 144,350 Retirable value of capital: First preferred stock Second preferred s t o c k . . . 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 8,210 4,527,034 3,427,018 552,164 14 25,690 2,569 1,738,187 4 ALL MEMBER BANKS—ASSETS AND LIABILITIES ON JUNE 30, 1947, BY FEDERAL RESERVE DISTRICTS [Amounts in thousands of dollars] T o t a l , all districts 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 Government. . Obligations of States and political subdivisions Other bonds, notes, and debentures Corporate stocks (including Federal Reserve Bank stock) 94,801,522 28,655,103 59,188,501 9,863 3,981,637 2,688,436 Federal Reserve district Boston 4,642,502 1.445.836 2,951,028 548 110,529 119,247 New York 27,407,380 8,498,458 17,141,343 4,135 926,497 715,597 Philadelphia 5,266,327 1,409,002 3,279,732 331 207,248 349,146 Cleveland 7,753,072 2,156,756 4,860,724 535 337,670 369,354 Richmond 4,240,735 1,263,448 2.731,959 387 100,335 135,137 277,982 15,314 121,350 20,868 28,033 9,469 Reserves, cash, and bank balances 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 28,694,099 16,040,361 1,408,907 1.317.837 707,924 102,854 7,884,994 5,044,508 267,778 1,451,553 784,611 97,988 2,081,096 1,157,376 153,867 1,391,302 708,968 103,271 5,489,091 31,588 34,228 5,689,924 227,276 1,123 1,584 277,076 389,686 4,021 22,133 2,156,868 272,900 1,475 1,477 293,102 443,852 1,952 54'323,505 349,600 1,148 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 284 798,485 12,723 51,961 802 1,628 59,647 1,258 79,649 320 45,522 683 61,294 86,439 225,637 116,180 1,731 10,953 10,730 4,546 6,512 55,735 83,364 36,005 4,555 5,482 9,511 15,846 3,346 597 15,962 6,139 2,671 1,137 6,355 8,148 124,796,663 6,041,062 35,721,704 6,814,179 9,940,181 5,696,553 LIABILITIES Demand deposits ;— Individuals, partnerships, and corporations U. 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 87,361,458 67,933,249 910,698 184,465 5,375,667 9,612,469 1,369,268 4,171,620 3,484,270 39,145 7,474 222,382 324,696 19,786 27,203,430 20,869,834 246,449 46,812 793,598 2,994,629 1,229,536 4,263,252 3,592,887 36,229 7,706 198,545 358,493 10,054 6,036,091 5,085,904 71,296 11,874 318,164 458,634 4,079 4,001,087 3,196,543 34,868 21,064 302,610 375,978 4,018 1,975,642 73,867 1,022,572 59,338 86,140 66,006 Time deposits ; Individuals, partnerships, and corporations United States Government Postal savings States and political subdivisions Banks in United States Banks in foreign countries 28,073,648 27,259,348 102,564 3,327 648,893 38,366 21,150 1,313,874 1,304,977 6,948 249 1,550 150 5,094,235 4,997,798 29,233 15 42,309 3,730 21,150 1,912,121 1,827,271 1,462 230 82,922 236 3,062,953 2,935,665 1,206 547 120,413 5,122 1,313,600 1,275,516 13,687 194 18,685 5,518 115,435,106 5,485,494 32,297,665 6,175,373 9,099,044 5,314,687 270,208 5,285 264,923 50,010 99,109 51,031 101,529 349,235 125,580 5,233 12,333 4,198 6,696 6,127 19,960 63,783 23,213 24,871 126,584 49,982 3,099 6,879 3,272 4,455 17,582 2,432 10,633 597 3,817 6,770 30,722 2,917 3,230 1,137 1,872 4,437 12,280 5,547,434 32,870,981 6,213,092 9,154,500 5,343,931 157,584 215,693 78,844 41,507 843,138 1,410,412 490,633 106,540 182,462 293,700 96,550 28,375 276,468 350,363 102,851 55,999 115,091 156,377 58,001 23,153 Total assets 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 a c c o u n t s 116,481,81 2,718,994 3,701,871 1,401,865 492,125 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 6,288 493,628 2,850,723 601,087 785,681 352,622 6,041,062 35,721,704 6,814,179 9,940,181 5,696,553 2,719,126 19,418 62,967 5,267 2,631,474 157,584 1,063 596 155,925 843,263 8,470 25,374 2,916 806,503 276,468 7,424 5,767 115,091 462 1,529 15 113,085 118,377 9,663 1,477 1,346 69,701 5,962 11,461 8,567 1,654 15 76,183,919 69,594,634 9,951,241 6,928 3,667,273 3,503,443 267,063 336 24,656,876 20,529,136 1,733,575 800 3,697,250 3,557,668 622,269 648 5,268,734 5,166,703 892,594 723 3,423,254 3,336,926 665,753 476 8,314,855 T o ta l liabilities and capital accounts MEMORANDA Par or face value of capital Capital notes and debentures First preferred stock Second preferred stock Common stock 22,068 284 245,802 82 228,233 5,037 1,018 176,407 263,277 1,618 5 ATT. MEMBER BANKS—ASSETS AND LIABILITIES ON JUNE 30, 1947, BY FEDERAL RESERVE DISTRICTS [Amounts in thousands of dollars] Federal Reserve district Chicago ASSETS Loans and investments 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) St. Louis Minneapolis Kansas Citv Dallas San Francisco 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 Total assets LIABILITIES Demand deposits Individuals, partnerships, and corporations United States 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 3,537,605 1,153,808 2,083,437 474 178,326 111,661 9,899 2,592,947 664,834 1,765,797 97 84,158 73,831 4,230 4,018,751 1,086,383 2,603,901 524 218,504 102,758 6,681 3,751,100 1,319,387 2,189,709 148 188,282 45,750 7,824 12,899,202 4,658,104 7,368,468 1,478 693,464 156,790 20,898 4,312,715 2,394,781 225,809 1,132,065 571,445 56,570 794,221 391,637 35,042 1,687,603 772,134 56,583 1,800,632 769,382 68,803 3,331,579 1,995,695 153,379 965,399 2,569 2,208 721,949 303,188 187 147 200,528 232,707 647 1,146 133,042 622,489 6,445 211 229,741 762,296 3,899 1,2/9 194,973 476,712 4,991 3,231 697,571 74,034 782 24,525 2,027 13,174 574 22,242 1,310 39,026 1,933 96,757 362 4,618 2,769 32,873 11,096 134 1,094 5,199 4,606 3,775 215 6,601 1,174 1,299 247 5,095 4,641 5,835 1,182 2,990 2,518 25,068 4,199 37,537 15,005 18,952,821 Reserves, cash, and bank balances 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 14,513,934 3,772,155 9,648,566 1,161 636,765 431,195 24,092 4,707,255 3,412,681 5,741,188 5,605,216 16,409,709 12,540,870 9,456,834 266,038 21,937 1,006,938 1,577,175 29,544 3,474,759 2,567,419 33,103 5,643 213,122 602,542 6,347 2,301,668 1,673,274 27,144 4,324 241,095 323,080 2,288 4,753,387 3,343,293 44,901 9,759 426,729 875,243 725 4,737,389 3,648,410 25,711 6,153 331,079 661,543 5,685 9,579,031 7,918,795 57,569 30,931 780,241 481,205 49,819 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 182,404 46,583 30,463 52,737 58,808 260,471 5,287,064 5,139,353 12,108 431 132,155 3,017 935,925 895,069 4,576 206 35,723 351 907,100 901,044 897 197 4,306 656 663,036 649,481 2,694 205 5,579 5,077 543,830 480,840 6,306 380 53,711 2,593 5,922,938 5,776,394 14,582 433 127,525 4,004 17,827,934 Time deposits Individuals, partnerships, and corporations United States Government Postal savings States and political subdivisions Banks in United States Banks in foreign countries 4,410,684 3,208,768 5,416,423 5,281,219 15,501,969 165 3,153 4,607 14,452 45,324 7,224 1,390 1,112 1,748 3,943 8,695 1,501 215 192 5,054 7,989 1,290 5,900 247 1,206 2,200 8,553 876 200 1,232 1,557 1,218 10,928 647 5,395 2,929 21,593 45,013 45,010 17,902,859 4,429,073 3,223,508 5,435,405 5,297,001 15,621,909 356,780 412,634 171,510 109,038 103,945 107,940 54,724 11,573 62,526 78,544 30,603 17,500 102,618 112,274 70,305 20,586 116,534 121,209 53,070 17,402 291,996 305,276 148,535 41,993 CAPITAL ACCOUNTS Capital Surplus Undivided profits Other capital accounts Total capital a c c o unt s Total liabilities and capital accounts 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 1,049,962 278,182 189,173 305,783 308,215 787,800 18,952,821 4,707,255 3,412,681 5,741,188 5,605,216 16,409,709 356,782 1,771 8,396 300 346,315 103,950 1,132 1,194 245 101,379 62,526 30 1,463 60 60,973 102,618 116,534 70 1,207 291,996 59 9,840 12 282,085 8,466 300 1,204 245 1,463 60i 389 55 1,665 10,567 12 10,854,533 9,924,227 1,150,697 1,002 2,971,109 2,626,596i 375,114 498 1,935,919' 1,811,790i 462,729 473: 3,901,160 3,593,018 694,468 757 3,780,120 3,843,32% 600,793 605 8,405,139 8,261,936 1,646,523 272 389 55 102,174 115,257 ALL MEMBER BANKS—CLASSIFICATION OF LOANS AND INVESTMENTS, BY CLASS OF BANK AND O N SELECTED CALL DATES [In thousands of dollars] By class of bank, June 30, 1947 Central reserve city member banks 1 New York Chicago Loans Commercial and industrial loans, including openmarket paper 2 Loans to farmers directly guaranteed by Commodity Credit Corporation 2 Other loans to farmers 2 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 Loans to banks 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 States Government direct obligations... Treasury bills Treasury certificates of indebtedness Treasury notes United States savings 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 Reserve city member banks 1 Country member banks 1 All member banks All member banks on selected call dates All national member All State member banks 1942 June 30 1943 June 30 1944 June 30 1945 June 30 1946 June 29 1946 Dec. 31 1947 June 30 6,547,930 1,564,556 11,440,998 9,101,619 28,655,103 18,763,913 9,891,190 16,928,316 14,822,576 18,083,742 20,587,878 23,302,464 26,695,670 28,655,103 4,171,462 1,178,191 5,725,708 2,744,301 13,819,662 9,022,400 4,797,262 8,382,635 6,554,116 7,022,990 7,095,443 9,685,416 13,154,271 13,819,662 25 1,196,147 286,000 134 56,579 47,237 78,935 14,661 52,273 26,296 79,333 327,148 211,700 11,872 8,772 / 269,798 3,100 9,345 481,031 74,303 2,527 424,693 81,222 960,573 765,294 194,026 758,733 201,840 » 725,589 1 584,081 644,313 796,179 809,938 597,864 1,228 25,504 1,506,695 185,357 769,003 554,047 1,119,938 2,200,119 3,089,270 2,395,464 1,505,534 99,687 737,692 243,702 1,153,632 602,974 2,129,738 3,407,101 2,480,167 1,466,920 670,362 540,014 562,415 483,270 83,916 260,427 355,183 429,96* 307,173 122,795 292,063 73,744 257,730 262,044 339,937 385,049 907 26,836 2,155,890 2,380,368 4,619,673 3,139,226 1,480,447 2,441,386 2,435,463 2,373,117 2,414,-"- 3,085,189 3,903,481 655,095 645,431 1,190,294 769,325 420,969 767,490 841,940 1,068,778 483,321 571,534 576,624 14,305 4,569 38,566 30,866 16,045 99,637 61,071 28,873 54,977 88 60,787 55,147 79,473 29,046 22,995 13,601 7,558 57,199 28,999 271,773 178,622 171,762 230,369 822,100 389,167 600.297 284,817 435,260 114,408 278,161 368.298 345,316 251,601 133,657 636,610 319,350 458,296 840,972 2,047,419 1,242,816 865,157 613,646 235,291 f 131,222 165,037 90,137 93,715 3,173,818 j 190,328 178,314 ] 231,458 804,603 | 987,172 251,511 I 769,638 12,569,672 2,889,775 20,841,668 22,887,386 59,188,501 39,264,818 19,923,683 21,412,952 44,492,693 773,086 333,586 196,801 517,037 256,049 1,508,974 6,278,379 136,544 106,155 1,103,141 368,095 3,038,235 3,034,595 7,544,066 5,438,228 2,105,838 1,872,130 9,417,977 775,000 131,632 1,502,518 1,959,790 4,368,940 2,994,882 1,374,058 3,546,373 5,251,448 514,909 655,682 709,330 3,502 2,807 47,339 194,421 143,862 161,018 2,573,541 589,306 4,363,975 4,897,327 12,424,149 8,189,445 4,234,704 1,651,464 5,039,400 6,295,821 1,077,354 8,636,331 8,601,391 24,610,897 16,153,075 8,457,822 4,947,976 9,933,996 1,524,648 554,781 2,239,831 1,989,757 6,309,017 3,814,052 2,494,965 6,621,102 7,155,982 157,475 59,645 679,853 1,552,043 2,449,016 1,643,190 805,826 1,121,071 1,254,493 O b l i g a t i o n s of S t a t e s a n d political subdivisions Maturing within 1 year (including warrants without specific maturity) Maturing in 1 to 5 years Maturing in 5 to 10 years Maturing in 10 to 20 years Maturing after 20 years 630,773 198,333 122,108 152,981 74,321 83,030 61,514 44,625 37,191 26,832 4,382 Other bonds, notes, and debentures Maturing within 1 year or less Maturing in 1 to 5 years Maturing in 5 to 10 years Maturing in 10 to 20 years Maturing after 20 years 486,095 147,883 138,048 95,762 43,135 61,267 163,406 43,926 73,331 20,618 20,565 4,966 11,872 960,573 1,506,695 1,153,632 429,968 4,619,673 1,190,294 99,637 264,056 392,006 600.297 121,894 136,225 f 281,449 368.298 174,145 338,761 I 268,246 141,377 345,316 251,688 392,433 503,594 636,610 220,404 983,785 1,126,041 1,468,950 1,862,259 2,047,419 879,011 1,077,773 940,369 865,157 972,620 ,452,067 73,206 465,940 2,632, 228,404 15,583, 639,918 14,723, 677, 373,598 095,756 6,380, 813,415 26,637, 357,846 4,544, 477,190 2,026, %,251,496 1,072,332 .5,292,036 0,467,220 729,464 8,598,041 (8,745,752 5,027,229 2,319,422 ,030,370 166,986 042,725 601,684 725,447 939,012 333,697 853,030 367,789 ,188,501 773,086 544,066 368,940 709,330 424,149 610,897 309,017 449,016 174,544 1,363,722 1,812,598 3,981,637 2,897,741 1,083,896 2,933,835 2,876,441 2,833,594 3,101,733 3,306,835 3,547,509 3,981,637 239,059 462,166 304,605 227,055 130,837 725,703 226,797 556,009 1,184,908 533,578 1,028,355 400,183 728,391 314,280 96,031 492,822 874,065 768,245 548,984 213,625 871,656 1,167,279 2,688,436 1,893,773 330,151 188,589 537,644 157,246 777,015 558,798 266,573 299,063 519,188 372,376 193,628 209,180 335,126 249,830 98,304 173,122 382,618 519,463 124,562 328,668 232,881 >1,858,898 310,843 260,110 179,407 •1,074,937 100,655 / 725,703 11,184,908 1,028,355 728,391 I 314,280 794,663 2,455,705 2,127,240 2,019,836 2,198,416 2,860,553 2,803,256 2,688,436 207,493 f 537,644 218,217 fl,058,739 I 777,015 146,812 519,188 85,296 ^1,396,966 335,126 136,845 I 519,463 1 See Table of Contents page for basis of classification of member banks. 2 During the period December 31, 1942-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 prior figures. AT T MEMBER BANKS—CLASSIFICATION OF LOANS AND INVESTMENTS, JUNE 30, 1947, BY FEDERAL RESERVE DISTRICTS [In thousands of dollars] By Federal Reserve districts all districts Boston New York Philadelphia Cleveland Rich- Atlanta Chicago LSt' 28,655,103 1,445,836 8,498,458 1,409,002 2,156,756 1,263,448 1,226,932 3,772,155 1,153,808 Loans 13,819,662 752,371 4,804,504 611,283 887,549 470,761 563,600 1,945,097 506,665 Commercial and industrial loans, including open-market paper 191 32 281 12 215 706 2,546 11,872 Loans to farmers directly guaranteed by Commodity Credit Corporation 58,453 38,235 98,078 40,376 21,489 36,240 15,717 44,866 960,573 Other loans to farmers 7,138 43,982 23,722 8,204 9,325 109,553 38,491 1,211,372 1,506,695 Loans to brokers and dealers in securities 54,477 350,023 31,663 133,251 69,373 102,979 144,815 44,856 1,153,632 Other loans for purchasing or carrying securities 56,911 30,417 36,185 27,420 25,244 20,711 67,314 9,278 429,968 Real-estate loans: On farm land 646,575 275,637 478,650 240,684 111,058 675,664 190,590 4,619,673 171,220 On residential property 56,812 184,959 88,348 111,327 94,131 56,419 150,985 94,528 On other properties 1,190,294 363 1,307 79,792 1,250 3,324 426 4,673 4,999 99,637 Loans to banks Other loans to individuals: 43,190 30,225 32,370 94,216 58,293 26,344 36,751 26,684 600,297 Retail automobile instalment paper 23,966 19,140 9,153 56 134 80,669 24,406 16,640 19,483 368,298 Other retail instalment paper 26,004 13,495 19,403 11,315 58,907 81,622 14,143 17,446 345,316 Repair and modernization instalment loans 49,201 58,407 22,577 43,041 57,335 161,120 32,923 40,742 636,610 Instalment cash loans 500,155 179,977 182,141 165,478 147,158 220,732 126,123 2,047,419 160,518 Single-payment loans 72,748 36,198 42,974 90,353 271,297 31,023 64,980 49,503 865,157 All other loans (including overdrafts) United States Government direct obligations Treasury bills Treasury certificates of indebtedness Treasury notes United States savings 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 Minneapolis Kansas City Dallas San 664,834 1,086,383 1,319,387 4,658,104 267,567 479,156 697,232 1,833,877 889 602 2,600 3,798 65,490 190,543 138,885 212,201 4,665 41,283 2,595 6,365 92,348 19,488 33,194 77,165 83,405 32,069 17,512 23,502 116,739 113,377 83,860 1,515,619 27,017 44,865 51,672 229,231 2,800 180 211 312 20,742 17,714 22,985 13,314 33,550 39,339 31,697 14,559 9,114 18,475 91,105 20,652 43,286 14,562 8,274 31,868 100,919 37,788 156,499 71,872 62,608 107,607 139,563 108,302 59,188,501 2,951,028 17,141,343 3,279,732 4,860,724 2,731,959 2,563,837 9,648,566 2,083,437 1,765,797 2,603,901 2,189,709 7,368,468 30,206 16,814 160,603 30,232 18,715 64,999 32,380 10'0,955 76,819 15,305 196,528 29,530 773,086 7,544,066 295,295 1,359,762 257,689 385,089 391,994 503,273 1,217,223 285,203 212,546 639,951 548,432 1,447,609 4,368,940 156,125 1,047,316 188,555 299,044 174,358 223,987 772,862 244,358 174,199 290,483 245,784 551,869 80,889 27,359 46,934 43,956 68,194 50,299 19,743 90,166 76,569 28,582 140,748 35,891 709,330 12,424,149 550,915 3,408,389 551,758 1,079,894 579,450 546,775 2,167,840 456,781 395,392 597,419 512,995 1,576,541 1,186,537 8,290,413 1,382,816 2,107,558 1,202,816 913,465 3,743,638 828,665 711,721 736,129 686,108 2,821,031 24,610,897 83,373 635,129 6,309,017 548,862 2,114,943 474,536 595,225 195,347 161,171 1,091,074 140,976 119,718 148,663 67,213 64,783 75,958 60,894 207,975 669,751 270,990 282,819 110,828 171,279 318,653 2,449,016 147,873 O b l i g a t i o n s of S t a t e s a n d p o l i t i c a l subdivisions Maturing within 1 year (including warrants without specific maturity). . Maturing in 1 to 5 years Maturing in 5 to 10 years Maturing in 10 to 20 years Maturing after 20 years 3,981,637 725,703 1,184,908 1,028,355 728,391 314,280 110,529 57,713 20,971 17,133 11,545 3,167 926,497 241,945 198,513 226,211 148,597 111,231 207,248 21,163 58,481 48,511 46,649 32,444 337,670 38,144 106,591 83,359 75,099 34,477 100,335 11,295 32,591 29,182 20,420 6,847 299,859 30,764 94,087 98,636 60,476 15,896 636,765 128,992 213,487 183,014 100,254 11,018 178,326 26,885 59,456 45,259 34,697 12,029 84,158 12,543 33,240 24,975 12,091 1,309 218,504 29,727 85,722 62,536 35,616 4,903 188,282 23,847 66,159 60,316 35,239 2,721 693,464 102,685 215,610 149,223 147,708 78,238 Other bonds, notes, and debentures Maturing within 1 year or less Maturing in 1 to 5 years Maturing in 5 to 10 years Maturing in 10 to 20 years Maturing after 20 years 2,688,436 537,644 777,015 519,188 335,126 519,463 119,247 26,145 27,961 15,218 17,133 32,790 715,597 176,960 181,329 141,241 82,334 133,733 349,146 26,714 69,476 56,458 60,565 135,933 369,354 40,569 90,631 66,412 77,774 93,968 135,137 42,361 36,467 23,339 9,464 23,506 77,970 20,921 30,579 14,986 5,322 6,162 431,195 94,555 165,466 82,068 47,509 41,597 111,661 23,438 33,150 23,662 10,613 20,798 73,831 16,933 33,161 15,816 3,981 3,940 102,758 28,408 40,708 24,349 4,010 5,283 45,750 12,191 19,508 9,063 3,141 1,847 156,790 28,449 48,579 46,576 13,280 19,906 RESERVE CITY BANKS'—CLASSIFICATION OF LOANS AND INVESTMENTS, JUNE 39, 1947, BY FEDERAL RESERVE DISTRICTS [In thousands of dollars] Total, all reserve city banks By Federal Reserve districts Boston Loans Commercial and industrial loans, including open-market paper Loans to farmers directly guaranteed by 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 Loans to banks 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) 1,440,998 5,725,708 3,106 194,026 185,357 540,01 73,744 2,155,890 483,321 16,045 271,773 178,622 171,762 230,369 822,100 389,167 57,222 24,323 United States Government direct obligations Treasury bills Treasury certificates of indebtedness Treasury notes United States savings bonds Other bonds maturing in 5 years or less Other bonds maturing in 5 to 10 years Other bonds m a t u r i n g in 10 to 20 years Bonds maturing after 20 yeais $0,841,668 333,586 3,038,23! 1,502,518 47,339 4,363,97! 8,636,331 2,239,831 679,853 ,036,253 10,875 153,851 34,848 922 130,324 406,854 289,095 9,484 1,363,722 239,059 462,166 304,60: 227,055 139,83: 38,751 27,851 4,091 5,719 922 871,656 188,589 266,573 193,628 98,304 124,562 13,797 7,135 3,545 1.721 453 943 O b l i g a t i o n s of S t a t e s a n d p o l i t i c a l s u b d i v i s i o n s Maturing within 1 year (including warrants without specific m a t u r i t y ) . . Maturing in 1 to 5 years Maturing in 5 to 10 years Maturing in 10 to 20 years Maturing a f t e r 20 years Other bonds, notes, and debentures Maturing within 1 year or less Maturing in 1 to 5 years Maturing in 5 to 10 years Maturing in 10 to 20 years Maturing after 20 years 1 See Table of Contents page for basis of classification of member banks. 2 See note 3, page 11. 662,266 433,212 37,693 24,542 19,176 30,854 3,922 6,038 10,943 7.720 6,621 168 New York Philadelphia Cleve- Richmond 2 Atlanta 2 Chicago 2 St. Minneapolis Kansas City 664,505 504,9951 375,018 15 132 4,953 2,388 6,555 8,475 27,235 39,980 1,870 3,788 71,079 289,002 56,407 25,916 50 1,107 302,890 172,222 32 1,507 2,561 12,364 323 25,666 5,151 637,292 366,013 153 43,447 4,539 28,372 6,175 52,072 23,978 251 30,324 19,406 29,850 22,042 81,868 40,104 15,209 13,215 9,538 12,168 74,195 26,432 6,456 11,418 18,606 4,751 11,497 30,336 13,976 8,954 6,697 8,901 60,455 13,309 434,926 1,174,960 2,629,055 1,301,377 1,026,651 3,391,031 9,356 71,650 22,350 47,462 13,893 2,719 70,879 175,754 179,559 187,681 422,807 15,157 89,843 309,517 33,628 106,307 60,455 34,724 1,738 13,709 2,263 4,618 1,816 2,212 66,974 164,987 587,628 252,463 252,852 756,296 567,521 1,259,468 652,209 346,313 1,389,166 206,012 94,419 71,705 321,064 78,370 228,819 390,728 59,401 67,163 106,822 93,065 . 35,304 29,154 888,705 6,374 69,162 108,675 3,232 192,522 423,676 69,631 15,433 247,441 123,809 648,874 1,276,291 396,537 690,2711 598 2,758 13,761 426 48,469 16,412 3 22,079 10,264 188 23,076 16,854 1,250 302 43,129| 107,892 1,642 163,834 45,159 100 4,360 4,202 2,365 5,014 20,859 4,408 8,733 17,826 9,559 15,942 114,133 12,430 11,353 12,047 14,223 24,284 109,390 52,665 537,708 255,065 2 6121 5,546| 43,046 611,122 1,123,811 305,167 36 5,018 6,611 66,051 39,150 2,289 78,695 1,859 27,323 21,763 4,120 13,141 2,783 7,287 16,304 60,924 23,387 17,496 9,148 7,312 11,796 69,924 44,854 2,121 Dallas San Francisco 774,768 3,949,030 503,239 1,600,160 753 1,977 8,294 126,904 40,387 5,024 87,126 66,737 51,660 3,692 31,192 1,338,950 32,446 169,231 2,800 156 14,799 8,065 5,274 14,189 55,522 24,162 129,888 60,615 53,331 88,357 106,111 92,757 534,536 1,370,061 1,015,528 6,038,585 45,509 88,272 10,173 4,953 22,964 265,200 196,397 1,278,824 52,445 130,640 102,745 438,691 6,675 4,312 1,747 4,095 112,141 349,798 247,022 1,250,968 248,943 430,387 377,038 2,328,744 53,359 104,728 43,214 494,699 40,064 154,075 37,124 32,764 16,572 2,063 2,495 2,423 4,365 5,226 77,329 9,504 21,625 15,326 14,243 16,631 111,139 21,862 41,568 21,040 12,277 14,392 18,438 3,751 5,992 4,962 2,350 1,383 114,58 13,89 37,035 38,269 16,973 8,414 144,108 25,755 57,051 37,727 21,793 1,782 63,954 11,655 24,862 13,356 8,620 5,461 15,431 2,772 8,062 3,524 1,073 107,963 19,024 48,256 27,441 11,321 1,921 52,605 8,530 20,822 14,767 7,689 797 602,844 92,395 190,307 120,051 125,429 74,662 14,539 126,494 7,655 32,099 26,149 21,992 38,599 193,206 29,782 55,249 37,459 39,927 30,789 71,563 31,050 19,385 11,382 2,413 7,333 41,351 14,829 13,005 8,549 3,038 1,930 115,271 31,216 38,422 26,227 8,201 11,205 45,890 9,682 10,882 8,018 4,423 12,885 29,841 6,962 14,730 6,890 771 488 61,999 19,058 24,335 15,181 1,367 2,058 25,175 7,055 8,929 5,235 2,626 1,330 132,530 23,059 42,116 42,878 9,365 15,112 1,106 3,876 3,939 3,728 1,890 COUNTRY BANKS1—CLASSIFICATION OF LOANS AND INVESTMENTS, JUNE 30, 1947, BY FEDERAL RESERVE DISTRICTS [In thousands of dollars] Total, all country banks Commercial and industrial loans; including open-market paper Loans to farmers directly guaranteed by 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 Loans to banks 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 States Government direct obligations Treasury bills Treasury certificates of indebtedness Treasury notes United States savings 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 9,101,619 2,744,301 8,772 765,294 25,504 243,702 355,183 2,389,368 645,431 4,569 284,817 114,408 133,657 319,350 840,972 235,291 By Federal Reserve districts Boston New York Philadelphia Cleveland Richmond 2 783,570 1,703,037 319,159 509,233 281 39,753 15,717 798 12,467 20,314 50,262 26,860 9,278 152,044 541,527 63,674 121,310 1,077 857 760,128 214,746 12 21,486 1,643| 21,399| 25,056, 252,561 71,494 890,465 197,278 32 37,933 853 25,359 55,269 314,816 66,168 263 725,740 215,696 213 35,628 2,658 26,327 34,064 174,633 54,931 1,035 39,272 24,194 52,961 76,773 152,148 55,189 17,611 6,580 9,844 33,259 65,844 18,593 31,837 11,919 11,781 34,123 72,751 20,083 19,229 6,370 4,028 26,737 104,554 19,587 20,646 8,540 9,726 34,121 103,296 25,180 Atlanta 2 Chicago 2 615,810 1,078,783 258,433 261,911 670 2,414 39,848 94,462 1,391 2,714 20,919 24,284 18,852 62,619 83,735 359,826 80,273 34,656 288 553 19,255 7,492 6,831 21,127 77,234 20,126 34,846 13,733 15,456 27.735 81,665 21,250 St. Louis Minneapolis Kansas City Dallas San 489,303 131,647 176 53,500 583 27,242 28,547 119,511 30,895 200 361,944 95,345 570 63,983 34 7,124 17,189 91,073 21,866 180 449,091 113,143 2,447 147,096 126 4,822 25,894 61,305 20,887 61 544,619 193,993 1,821 130,591 1,341 10,428 19,810 52,668 19,226 55 709,074 233,717 136 85,297 896 5,222 31,745 176,669 60,000 15,016 5,925 3,957 10,409 51,928 9,766 14,286 6,296 4,379 8,563 22,053 9,003 17,721 5,605 2,417 9,574 30,650 7,343 28,487 6,497 3,000 17,679 45,397 13,626 26,611 11,257 9,277 19,250 33,452 15,545 22.887,386 1,914,775 4,136,745 2,104,772 2,231,669 1,430,532 1,537,186 3,367,760 1,191,732 1,231,261 1,233,840 1,174,181 1,329,883 19,490 12,683 6,641 27,427 21,340 12,341 196,801 18,655 29,357 16,313 7,882 5,949 18,723 3,034,595 141,444 241,464 186,810 209,335 212,435 315,592 426,321 216,011 189,582 374,751 352,035 168,785 159,843 143,039 113,178 1.959,790 121,277 237,592 154,927 192,737 113,903 134,144 331,713 135,683 121,754 43,624 15,648 23,047 66,447 655,682 34,969 84,848 74,306 78,677 42,316 40,724 26,844 124,232 4,897,327 420,591 767,874 386,771 492,266 326,987 293,923 822,238 264,259 283,251 247,621 265,973 325,573 8,601,392 779,683 1,788,580 815,295 848,090 550,607 567,152 1,277,118 404,989 462,778 305,742 309,070 492,287 43,935 40,159 140,430 66,359 1,989,75: 259,767 511,925 245,717 204,497 100,928 71,345 89,466 215,229 38,834 20,830 53,900 34,449 49,350 1,552,043 138,389 483,122 211,589 189,754 75,524 104,116 152,185 O b l i g a t i o n s of S t a t e s a n d p o l i t i c a l s u b d i v i s i o n s Maturing within 1 year (including warrants without specific m a t u r i t y ) . . . . Maturing in 1 to 5 years Maturing in 5 to 10 years Maturing in 10 to 20 years Maturing after 20 years 1,812,598 226,797 556,009 533,578 400,183 96,031 71,778 29,862 16,880 11,414 10,623 2,999 279,152 41,549 73,910 70,807 69,911 22,975 129,919 11,659 36,856 33,185 32,406 15,813 226,531 16,282 65,023 62,319 62,822 20,085 81,897 7,544 26,599 24,220 18,070 5,464 185,271 16,867 57,052 60,367 43,503 7,482 318,113 41,723 111,811 108,096 51,629 4,854 114,372 15,230 34,594 31,903 26,077 6,568 68,727 9,771 25,178 21,451 11,018 1,309 110,541 10,703 37,466 35,095 24,295 2,982 135,677 15,317 45,337 45,549 27,550 1,924 90,620 10,290 25,303 29,172 22,279 3,576 Other bonds, notes, and debentures Maturing within 1 year or less Maturing in 1 to 5 years Maturing in 5 to 10 years Maturing in 10 to 20 years Maturing after 20 years 1,167,279 105,450 157,246 19,010 24,416 299,063 209,180 - 13,497 173,122 16,680 31,847 328,668 214,963 27,971 39,405 41,540 35,471 70,576 222,652 19,059 37,377 30,309 38,573 97,334 176,148 10,787 35,382 28,953 37,847 63,179 63,574 11,311 17,082 11,957 7,051 16,173 36,619 6,092 17,574 6,437 2,284 4,232 152,518 19,413 53,713 35,223 18,743 25,426 65,771 13,756 22,268 15,644 6,190 7,913 43,990 9,971 18,431 8,926 3,210 3,452 40,759 9,350 16,373 9,168 2,643 3,225 20,575 5,136 10,579 3,828 515 517 24,260 5,390 6,463 3,698 3,915 4,794 1 2 See Table of Contents page for basis of classification of member banks. See note 3, page 11. I O ALL MEMBER BANKS—ASSETS AND LIABILITIES ON JUNE 30, 1947, OF BANKS IN EACH CENTRAL ASSETS [In thousands of dollars] Reserves, cash, Loans and investments Federal Reserve district numbers, and reserve cities ber of banks All member b a n k s 6,928 ObligaCorporate Other tions of stocks bonds, guaran- States and notes, and (including political teed by F. R Bank U.S. Gov subdivi tures stock) ernment Obliga- Total (includ ing over drafts) Govt. direct obliga- 41,590,387 1,757,764 20,468,213 2,037,779 ,535,553 268,890 582,401 5,895,669 912,371 554.254 653,311 583,246 6.340.936 Reserve b r a n c h cities1 2. Buffalo 4. Cincinnati 4. Pittsburgh 5. Baltimore 5. Charlotte 3 6. Birmingham 6. Jacksonville 6. Nashville... 6. New Orleans 7. Detroit 8. Little Rock 8. Louisville 8. Memphis 9. Helena 10. Denver 10. Oklahoma City 10. Omaha 11. El Paso 11. Houston 11. San Antonio 12. Los Angeles 12. Portland 12. Salt Lake City 12. Seattle 13,600,24G 3,907,120 191,432 580,828 235,510 648,343 407,037 1,492,162 124,416 577,851 132,51: 345,821 67,397 229,944 82,575 228,572 98,498 252,217 132,761 505,242 455,679 1,885,129 27,489 104,812 125,711 324,661 118.706 327,795 7,139 29,816 107,334 388,513 66,147 228,798 71,875 282,522 33,846 89,652 204,371 608,427 52,354 251,236 542,295 2,288,343 225,766 814,987 58,430 199,130 337.835 915,439 O t h e r reserve cities1 4. Columbus 4. Toledo 5. Washington 7. Cedar Rapids 7. Des Moines 7. Dubuque 7. Grand Rapids 3 7. Indianapolis 7. Milwaukee 7. Peoria 7. Sioux City 9. St. Paul 10. Kansas City, Kansas 10. Lincoln 10. Pueblo 10. St. Joseph 10. Topeka 10. Tulsa 10. Wichita 11. F o r t Worth 11. Galveston 11. Waco 12. Ogden 12. Spokane C o u n t r y banks, by districts 1. Boston 2. New York 3. Philadelphia 4. Cleveland 5. Richmond 6. Atlanta 7. Chicago 8. St. Louis 9. Minneapolis 10. Kansas City 11. Dallas 12. San Francisco 14,429 662 6,603 648 525 93 229 1,781 392 186 219 357 2.728 488,577 036,253 640,714 174,960 959,375 56,347 309,323 704,562 471,758 332,643 380,117 207,844 114,681 1.518 35,056,823 9,101 2,884,738 783, 6,358,339 1,703 760, 3,228,548 3,523,466 2,307,206 2,379,591 4,924,844 1,867,966 1,708,486 1,837,426 1,879,009 2,157,204 277,982 28,694,099 16,040,361 1,408,907 1,485,248 1,036,919 38.751 13.797 637.968 487.572 77.329 126,494 12.981 34.962 11.617 16.011 26.060 190,134 208,573 21,892 21,182 12.452 21.620 36,708 15,456 11.922 4,339 393,370 93,735 042,440 146,717 12,843,199 577,725 361.442 6.697 96.502 6,280,709 4,190,448 744,427 409.481 10,122 390,752 242,752 2.493 105,436 52.987 245.864 115,531 1.116 10,632 1,832,793 1.144.930 304,299 158,473 4.591 102.105 213,951 1.038 316,070 148.578 297,612 146.655 969.058 10,313 1,533,561 538,395 27.251 46.830 6.000 19,182 12,035 20,544 36.767 35,065 25.995 8.097 18.211 22.355 1,971 22,074 47,631 69.734 77,517 ,887,386 914,775 136,745 104,772 231,669 430,582 537,186 367,760 194,732 231,261 ,233,840 174,181 ,329,883 1 See Table of Contents page for basis of classificaton of member banks. 2 Includes both central reserve city and reserve city banks. For other footnote, see opposite page. 2,978 341,087 13,062 19,745 114,538 8,580 12,653 6,108 4,265 5,713 9,254 44,436 6,773 40,023 3.062 1,552 14,686 1,800 10,080 7,855 319 9,564 4,093 13.391 7,771 4,679 9,706 6,515 1,291 20.696 1.335 4.280 1,165 8,602 6,606 143,151 19,596 4,365 38.713 796 4.712 389 5,412 9,448 20,392 2.232 726 7,902 1,744 1,238 334 1,749 1,114 3,129 10,187 5,683 2,674 29 1 586 1,812,598 71,778 279,152 129,919 226,531 81,897 185,271 318,113 114,372 68,727 110,541 135,677 90,620 167,279 105,450 214,963 222,652 176,148 63.574 36,619 152,518 65,771 43,990 40,759 20.575 24,260 82,640 8,617 21,786 10,746 8,319 5,026 4,660 7,494 3,663 2,467 3,032 3,812 3,018 145,396 18,463 4,554,072 1,216,416 3,039 65,983 278,986 42,019 274,562 740,967 187,656 66,010 10,778 57,215 195,076 3,298 32,992 105,687 277,170 94,674 422,407 148,368 642,443 19,164 98,571 16,742 73,623 109,250 300,391 17,093 41,997 17,312 90,898 16,627 1,252 12,558 57,226 15,342 52,441 66,906 229,323 41,903 139,669 98,786 241,752 8,945 53,711 18,859 44,067 31,298 71,502 25,328 111,661 6.524 Federal Reserve Banks 3,981,637 2,688,436 94,801,522 28,655,103 59,188,501 Reserve b a n k cities1 1. Boston 2. New York 2 3. Philadelphia 4. Cleveland, 5. Richmond 6. Atlanta 32 7. Chicago 8. St. Louis 9. Minneapolis 10. Kansas City 11. Dallas 12. San Francisco Total 1,541 20.040 9,441 1,047 17,904 14,318 2.719 2,857 1,182 4.826 10,240 3,183 1,909 1,195 1.235 5,301 548 2,606 331 334 387 45 171 125 97 163 145 349 1,653 4,453,403 2,482,847 93,224 173.999 113,191 203,866 430,785 248,968 104,797 192,043 150,905 78,033 79,363 56,669 112,462 55,213 51,396 91,720 113,982 190,764 531,968 294,790 22,574 44,162 123,027 67,537 62,833 114,731 7,131 13.999 75,320 142,969 52,192 119.881 64,200 123,816 36,431 17,230 142,940 283,501 48,469 93,462 367,830 583,914 141,130 236,408 34,018 66,592 169,180 312.635 1,708,853 115,594 84,766 243,478 24,518 76,788 70,980 180,850 217,262 31,946 31,235 108.036 14,108 32,883 23,375 23,799 23,663 91.626 61.549 136,731 32,493 21,603 18,171 35,285 887,408 57.860 51,078 152,272 12,604 37,183 4,092 38,910 87,523 114.208 18.014 14,513 55.833 7,331 17,864 10,914 12,382 45,557 32.744 59,035 12,019 10,565 10.770 20,499 9,688, 740,11 1,430,28 707,12 855,33 4,627,666 346,482 760,836 375,130 443,527 320,879 349,109 628,014 1,306,261 458,23 713,8 898,79 545,01 260,028 226.568 301,414 332,469 283,210 II RESERVE AND RESERVE CITY1 AND OF COUNTRY BANKS IN EACH FEDERAL RESERVE DISTRICT ASSETS [In thousands of dollars] and bank balances Bank Other balances Balances premises items m ture, and fixtures 5,689,924 798,485 process banks in foreign of collec Other real estate owned countries 31.588 10,372 735 2,540 1,058 16 34,228 27,111 1,003 20,286 1,472 341 1.427 963 143 614 1,000 188 180 1.921 3,551,542 150,879 1,890,859 225,988 90,860 37,635 84,725 391,535 105,069 72,053 93,167 55,21 353,559 303,126 16,625 161,884 19.259 747 2,341 7,433 19,247 4,290 369 2,841 9,200 51.890 7 1.006 3,566 2,250 40 1,002,320 44,655 51.507 89,094 50,559 35,796 7,752 22.508 20,431 41,756 116,819 8,394 30,640 18,528 3,407 29,636 27,315 33,924 4,584 51,422 18,387 138,030 53,794 19,117 84.265 110,983 9,070 9,451 19,530 5,837 2,051 301,869 30,048 6,908 32,964 6,592 9,168 1,330 14,833 36,980 64,091 3,108 4,917 27,123 2,980 7,157 241 3,085 1,297 7,826 4,547 23,805 3,649 3,720 1,332 24 78 47 46,964 5,991 Assets indirectly representing real estate Custo liability acceptances Income accrued but not collected Other 116.464 124,795,663 12.723 61,294 86.439 225,637 4.894 32.037 376 3,345 3.018 872 723 77,775 9,894 55,380 5.424 401 129,513 5,319 67,086 6,956 4,143 811 1,561 18,636 2,360 1,892 459 184 63,880 2,147 28,509 12,595 1.058 599 1,857 3,697 2.091 42.172 14.230 1.446 40 2.610 1.892 531 1.077 343 138 1,658 31 166 19.009 20.106 15,103 373 1 1,922 5,393 1,788 940 1,791 2,008 557 756 1,852 6.245 127 819 475 134 1.521 416 2,486 2,570 5,511 5,522 660 1,709 3,246 236 893 946 2.427 668 6,940 3,368 9,906 9,596 712 5.640 5,284 1.182 4,728 216 1.664 187 9,260 1.198 1,586 1.306 822 82 1.290 535 7,854 3.210 52 2,662 5,163 1,049 166 1,450 11.931 1,420 50 3,323 1.240 1,424 2.806 5.223 1,764 1.763 2,425 2,919 1,208 2,710 5,302 13,762 388 1.089 417 1,709 1,130 2,561 2,849 822 89 355 1,835 2,567 800 834,193 126,197 221,354 67,114 55,088 71,279 56,164 72,576 37,897 30,459 18,566 36,705 40,794 337,412 35,336 74,848 40,388 35.442 23,362 26,138 34,072 14,620 10,144 9,700 15,750 17,612 5,122 1.203 10,639 1,355 2,794 1.537 517 498 822 1,785 134 25 131 551 490 2,707 44,795 5,411 14,440 2.555 3,982 1,418 3,647 Total 33,191 2,399 6,334 3,251 2,956 3,853 3,007 3,458 1,538 756 947 1,520 3,172 Federal Reserve district numbers, and reserve cities, All m e m b e r b a n k s 55,044,811 Reserve b a n k cities* 2,369,850 1. Boston 2 27,065,715 2. New York 2,829,513 3. Philadelphia 1,940.526 4. Cleveland 378,829 5. Richmond 3 839.396 6. Atlanta 7,773,566 7. Chicago^ 1,227,991 8. St. Louis 774,826 9. Minneapolis 975.752 10. Kansas City 890,772 11. Dallas 7,978,075 12. San Francisco 18.243,577 767.617 864,558 1.950,882 779.279 501.244 312.713 344.389 348.433 706.530 2.430,618 149.855 450,444 447.236 44,185 534.617 351,001 410.239 126,978 907.868 348,622 2,896,451 1.065.403 267,759 1,236,656 6.328,942 400.991 361,944 1,000,341 91,403 274.349 41.190 352,271 607.649 868,141 133.400 105,616 412.365 56,800 124.481 40,089 81.368 76,945 324,690 202,624 381.172 87,201 65.837 90.438 147,637 45,179 3,671 3,984 3,036 3,202 6,274 2,431 2,562 2,796 2,727 Reserve b r a n c h cities 1 2. Buffalo 4. Cincinnati 4. Pittsburgh 5. Baltimore3 5. Charlotte 6. Birmingham 6. Jacksonville 6. Nashville 6. New Orleans 7. Detroit 8. Little Rock 8. Louisville 8. Memphis 9. Helena 10. Denver 10. Oklahoma City 10. Omaha 11. El Paso 11. Houston 11. San Antonio 12. Los Angeles 12. Portland 12. Salt Lake City 12. Seattle O t h e r reserve cities 1 4. Columbus 4. Toledo 5. Washington 7. Cedar Rapids 7. Des Moines 7. Dubuque 7. Grand Rapids 3 7. Indianapolis 7. Milwaukee 7. Peoria 7. Sioux City 9. St. Paul 10 Kansas City, Kansas 10. Lincoln 10. Pueblo 10. St. Joseph 10. Topeka 10. Tulsa 10. Wichita 11. Fort Worth 11. Galveston 11. Waco 12. Ogden 12. Spokane C o u n t r y banks, by districts 1. Boston 2. New York 3. Philadelphia 4. Cleveland 5. Richmond 6. Atlanta 7. Chicago 8. St. Louis 9. Minneapolis 10. Kansas City 11. Dallas 12. San Francisco $ Includes figures for a bank with its head office in s nonreserve city, that has a branch in this reserve city; see Table of Contents page. For other footnotes, see opposite page. 12 ALL MEMBER BANKS—ASSETS AND LIABILITIES ON JUNE 30, 1947, OF BANKS IN EACH CENTRAL LIABILITIES fin thousands of dollars] Demand deposits Federal Reserve district numbers, and reserve cities All m e m b e r b a n k s . R e s e r v e b a n k c i t i e s 1 . . .. 1. Boston 2. New York 2 3. Philadelphia 4. Cleveland 5. Richmond 6. Atlanta 3 7. Chicago 2 •8. St. Louis 9. Minneapolis 10. Kansas City 11. Dallas 12. San Francisco 1 Total Individuals, partnerships, and corpora- United States Govern- ,398 ,92* 31,719,232 ,930 074 1,542,006 ,791 ,495 .7,301,369 ,283 ,955 1,829,98 ,143 ,590 954,368 233 ,556 184,596 673 ,067 445,356 ,757 ,525 4,105,323 931 ,689 668,548 619 ,610 381,073 851 ,817 431,512 739 346 439,247 ,313 ,290 3,432,847 489,953 14,750 181,491 9,740 12,108 4,520 7,260 189,520 11,648 6,129 4,083 4,266 44,438 2,611,245 457,541 586,180 L ,403,031 586,821 427,034 236,603 271,167. 256,113 550,551 1,432,315 120,167 353,714 336,330 37,377 330,931 302,107 345,665 #,033 758,820 261,733 1,672,390 678,490 207,947 843,500 9,601,733 379,610 474,430 1,166,084 452,649 234,698 182,465 157,492 149,325; 334,509 1,168.048: 70,021! 217,868 219,817 16,765 300,053 145,886 200,010 69,159 562,191 202,589 1,486,537 578,732 162,817 669,945 120,639 12,913 4,234 9,606 4,401 4,848 2,248 O t h e r reserve cities1. 4. Columbus 4. Toledo 5. Washington 7. Cedar Rapids 7. Des Moines 7. Dubuque 7. Grand Rapids 3 7. Indianapolis 7. Milwaukee 7. Peoria 7. Sioux City 9. St. Paul 10. Kansas City, Kansas. . 10. Lincoln 10. Pueblo 10. St. Joseph 10. Topeka 10. Tulsa 10. Wichita 11. Fort Worth 11. Galveston 11. Waco 12. Ogden 12. Spokane 1,692,751 302,479 245,037 738,001 70,096 228,798 20,523 176,655 470,601 609,448 86,833 87,310 311,454 41,823 102,456 26,709 58,448 65,918 280,043 178,127 324,450 58,914 52,194 53,296 103,138 3,232,635 201,778 211,530 662,744 31,682 92,011 17,419 149,853 287,328 402,899 66,891 43,720 170,605 16,988 . 53,684 19,424 31,498 37,155 205,626 114,628 199,955 42,829 44,475 41,311 86,602 60,671 2,488 4,821 13,407 360 8,190 376 3.178 3,202 9.673 1 1 States and Banks in political United subdivi- 87,331,453 67,933,249 1,095,163 5,375,667 9,612,469 Reserve b r a n c h cities . I . Buffalo <4. Cincinnati 4. Pittsburgh 5. Baltimore 5. Charlotte 3 6. Birmingham 6. Jacksonville 6. Nashville 6. New Orleans 7. Detroit 8. Little Rock 8. Louisville 8. Memphis 9. Helena 10. Denver 10. Oklahoma City 10. Omaha II. El Paso 11. Houston 11. San Antonio 12. Los Angeles 12. Portland 12. Salt Lake City 12. Seattle C o u n t r y b a n k s , by districts 1. Boston 2. New York 3. Philadelphia 4. Cleveland 5. Richmond 6. Atlanta 7. Chicago 8. St. Louis. . 9. Minneapolis 10. Kansas City 11. Dallas. 12. San Francisco Time deposits ,658 ,538 23,379,649 ,241 546 1,942,264 ,954 ,394 3.188.855 ,979 ,297 1,762,900 ,350 ,834 2,077,714 ,965 ,675 1.661.856 ,311 ,373 1,826,639 , 6 0 0 ,266 3,091,660 ,677 ,809 1,391,165 333 ,227 1,104,831 119 293 1,783,799 ,447 ,844 2,087,962 ,676 ,930 1,460,004 ,369,268 862,686 ,807,213 31,772 23,295 17,290 82,438 22,714 197,538 45,301 79,544 75,639 1 0 6 , 2 1 1 20,415 30,644 36,511 72,691 37,317 66,352 87,136 115,690 88,146! 130,606 19,5711 28,978 7,539 109,887 28,989 84,417 10,274 9,750 9,627 60,436 46,925 92,225 11,983 125,877 7,950 14,307 56,311 124,035 9,091 45,257 43,090 85.454 49,172 28,151 15,516 27,430 81,377 66,000 24,597 1,113 402 1,254 835 523,599: 48,186 12,362 62 4,428 75,911 1,471 14,936 98,819 73,822 4,656 4,736 62,610 8,238 8,521 1,256 2,340 15,848 27,446 20,722 14,921 1,831 3,409 6,612 10,396 785,583 41,071 4,071 92 423,990 2,510,903 31,869 129,732 98,857 497,646 34,195 129,511 49,913 164,530 28,756 156,829 23,573 272,143 58,229 333,856 21,149 137,034 124,458 22,999 226,337 19,851 188,271 17,532 16,977 150,556 884,653 81,545 71,840 13,364 18,298 85,911 164,115 2,081 1,457 2,414 13,557 616 3,932 1,401 257 6,431 11,701 5,218 620 5.672 1,148 13,710 5.177 832 6,165 1,010 680 2,083 263 1,173 166 260 1,693 2,259 1,562 1,697 428 501 335 Certified and officers' checks, etc. 4,984 3,917 690 982 1,269 4, 635 1,331 4 2,895 11,808 41,222 33.455 51,016 1,136 5,411 72,256 105,018 12,310 37,615 73,805 15,793 37,729 5,803 23,236 10.542 40,606 38.543 102,676 13,083 2,750 4,503 4,136 68,026 110,272 18 112 470 8,210 1,258 678 17 ,187 773 62,281 65,560 122,964 20,477 2,061 1,012 Total IndividStates uals, United and partner- States Postal politiships, Govcal and ernings subdi corpora- ment ,975,642 28,073,648 27,259,348 102,564 3,327 648,893 38,366 ,478,479 6,135,020 1,332,390 1 ,243,850 92,650 243,151 18,989 18,528 264,180 2,899,494 1,227,745 917,216 69,034 345,129 20,028 10,037 53,082 107,481 14,-130 2,331 24,779 6,397 63,090 174 87,642 129,759 26 3,024 306,127 1 , 0 6 0 , 2 6 6 72,03. 24,254 19,989 268,988 6,234 6,282 43,723 177,244 9,720 1,721 47,486 358,893 697 6,146 49,265 236,471 683 9,414 39,912 160,517 420,522 245,054 See Table of Contents page for basis of classification of member banks. Includes both central reserve city and reserve city banks. opposite page. 8 For other footnote, see Banks in foreign coun- 7,954 ,250 7,678 ,344 34,112 199 ,993 195,,939 4,048 1,513 ,347 1,460,,486 14,301 277 ,092 242,,695 438 678 ,790 658,,748 70 ,037 68,,342 845 116 ,386 115,,176 1,124 1,507 ,503 1,449, 694 1,659 160 ,16-1 159, 811 317 103 ,78: 103, 742 37 72 ,174 72, 125 46 83 ,411 81, 607 129 3,171 ,566 3,069, 979 1 1 , 1 6 8 194,377 4,389,885 4,269,595 12,331 8,838 256,005 251,003 204,874 7,386 194,229 77 262,827 10,865 244,016 92 140,374 4,091 135,722 798 41,46" 5,638 39,003 2,000 54,319 831 54,319 51,2271 50,686 2,202 31 70,061 68,576 1,481 1,662 5,818 120,335 116,013 66 28,511 873,0031 868,262 3,175 981 21,091 1,350 22,4551 59,2"<5| 19,488 58,285 420 1,691 82,313| 82,313 4,6651 331 4,365 300 122,327 119,974 4,411 100 5,370 24,253 19,054 371 42,616 42,611 2,542 1,307 25,341 24,816| 525 9,596 90,796 79,2271 70,683 2,434 48,4211 77 38,961 1,069,89 1,050,423; 284 327,115 322,145| 15,924 75 46,421 1.348 46,3711 5 14,118 327,270 325,640 1,104 86,192 1,251,771 75,609 8,861 96,966 4,516 196,554 17,557 16,93/ 171 30,457 1,670 121 18,945 156,478 3,229 100,084 8,854 17,566 206,773 36,933 1,966 14,126 529 67,408 1,978 541 11,831 1.349 10,374 10,156 60 1,114 19,408 6,717 680 4,106 24,113 2,672 14,212 5,201 37,709 743 23,431 1,059 10,348 535 31,068 38,088 Mil 451,223 54,878 96,518 39,310 40,379 32,323 22,716 47,722 18,189 18,434 23,746 29,054 27,954 ,210 71, 95, 195, 16, 28, 18, 155, 97, 184, 34, 14, 66, 14, 9,794 801 291 216,833 6 16,950 33,764 19,928 844 21 56,150 6 2 1,650 87,518 105 95,345 937 10,150 16,104 565 4 4,223 1,181 31 4,100 11,533 22,183 19,081 4,750 29,033 1,225 1,686 1,000 2,345 220 1,632 1,000 54 20,759 2,250 479 10, 9, 19, 6, 22, 13, 37, 21, 10, 30, 37. 250 95 1,002 1,950 485 331 14,100,998 46,327 2,578 307,682 1,550 1,109,038 2,900 243 15 24,422 3,283,309 14,932 1,584,576 1,024 163 49,158 1,671,464 236 472 71,320 836,920 9,044 167 17,276 671,170 6,163 201 19,767 2,271,622 2,023 255 50,927 573,569 2,489 195 35,214 81 149 726,050 4,304 1,173 302,443 730 187 202,111 177,256 5,575 317 16,395 911,512 893,581 1,130 214 16,176 14,474 ,742 1,113,881 3,324,883 1,635,029 1,743,887 865,168 704,614 2,325,774 611,758 731,240 304,855 x 3 RESERVE AND RESERVE CITY1 AND OF COUNTRY BANKS IN EACH FEDERAL RESERVE DISTRICT L I A B I L I T I E S AND CAPITAL ACCOUNTS [In thousands of dollars] Total deposits Bills payable and other borrowed money Acceptances outstanding 115,435,106 50,010 99,109 50,353,174 2,130,067 24,304,842 2,561,047 1,822,290 353,593! 789,453! 7,265,028i 1,141,853 723,397 923,991 822,757 7,514,856 1,300 17,001,130 713,546 791,054 1,670,888 727,195 468,501 290,922! 322,394 326,174 670,886 2,305,823 142,622 417,949 418,693 42,042 503,308 326,360 388,281 119,374 849,616 332,471 2,742,288 1,005,605 254,368 1,170,770 5,300 5,947,522 378,088 342,003 934,555 87,079 259,255 39,468 333,133 570,685 816,221 123,766 101,436 378,862 53,654 112,830 36,865 77,856 72,635 304,156 192,339 362,159 82,345 62,542 84,364 141,226 42,133 ,280 3,355 ,427 7,279, 277 3,614 ,326 4,094 ,721 2,830 ,843 3,016 ,017 5,926 ,040 2,289 ,567 2,064 ,467 2,424 ,148 2,649 ,955 2,588 ,492 89,925 11,019 63,428 401 40 2,977 706 163 50 4,320 6,001 32 50 23 174 602 592 1,753 37 641,889 25,137 451,371 18,087 10,104 I,972 5,293 38,266 5,713 4,267 1,835 3,185 76,659 90,847 2,717 4.959 11,649 2,650 4,665 2,095 1,897 2,463 2,699 II,435 604 3,046 1.960 166 2,738 1,326 1,346 741 4,295 1,012 771 197 5,500 15,447 5,206 1,034 4,697 169 28,719 1,742 2,255 6,150 3 1 500 862 41 ' '4' 37,910 5,233 18,660 3,099 5,333 2,730 200 165 1,390 900 200 Total liabilities 897,583 116,481,8! 6,821 300 5,000 Other liabilities 3,014 1,314 323 58 122 361 641 94 72 2 15 12 3 1,716 1,764 2,825 710 191 5,495 195 312 92 94 287 1,322 789 722 114 140 488 448 136,128 19,237 35,485 9,654 13,517 9,440 8.596 13,832 4,564 4.597 2,499 4,141 10,566 Capital Surplus Undivided profits 492,125 204,518 17,596 68,792 13,924 14,065 2,314 5,516 55,299 2,900 6,878 2,273 2,596 12,365 3,958,523 37,988,174 30,890,019 203,627 1,739,0411 1,502,766 2,244,774 20,850,831 16,591,906 243,558 1,978,088 1,693,061 107,731 1,018,329 930,720 23,264 234,746 178,137 44,610 550,243 451,297 467,295: 5,132,733 4,091,950 79,719 814,308 589,702 46,999 512,934 362,463 49,926 690,527 394,977 64,780 593,524 442,713 382,240 3,842,870 3,660,327 ,882,650 99,387 ,166,460 125,458 38,130 17,103,278 716,295 796,363 1,687,560 730,019 473,768 293,017 324,291 329,229 675,338 2,317,295 143,226 420,995 420,987 42,208 506,046 327,850 389,627 120,115 855,093 333,483 2,758,506 369,104 20,245 22,900 85,850 13,756 7,200 7,200 500,696 24,770 28,770 125,750 23,044 15,600 7,100 10,070 9,400 15,892 56,100 2,900 15,350 5,981,910 379,831 344,258 941,205 87,082 260,117 39,471 334,890 572,449 819,050 124,476 101,627 384,407 53,849 118,147 36,957 77,950 72,922 305,541 193,128 362,881 82,459 62,682 84,852 141,679 Federal Reserve district numbers, and reserve cities All m e m b e r b a n k s 8,314,855 76,183,919 69,594,634 649,021 27,381 392,425 39,707 ,222,334 59,263 617,097 64,469 44,930 7,400 14,500 163,900 34,225 12,300 17,900 25,350 255,402 1,175,557 Net Demand demand deposits Total deposits adjusted c a p i t a l subject to (see footacreserve note on counts (see page 1) page 18) 2,718,994 3,701,871 1,401,865 51,086 288 2,166 ,223 24,820 ,941 2,585 ,955 1,832 ,795 355 ,565 794 ,786 7,306 ,271 1,148 ,272 727 ,827 925 ,826 825 ,992 7,595 ,835 1,011,008 Other capital accounts 161,000 6,100 7,400 9,783 32,970 2,800 9,900 7,400 850 7,560 8,000 6,700 1,600 21,950 5,590 46,000 15,200 4,450 17,700 117,760 9,000 7,300 18,900 500 4,750 550 7,100 9,250 16,100 3,260 1,600 9,000 1,150 2,600 1,000 8,100 18,500 181,465 25,925 22,300 16,750 25,350 154,825 12,800 805 10,565 8,025 7,110 3,400 22,550 6,180 47,500 20,645 5,250 21,120 143,690 8,450 8,000 28,225 3,300 4,750 650 6,100 14,900 15,932 3,740 1,700 13,500 1,075 2,350 10,606 5,450 6,094 66,631 16,669 5,521 13,003 11,484 54,050 183,325 5,150 11,605 26,461 7,898 2,475 3,665 1,618 2,379 4,909 11,992 741 3,759 5,143 232 7,866 6,501 4,488 1,293 7,198 2,319 39,037 13,669 2,042 10,885 58,596 3,100 1,461 9,689 521 2,159 317 2,979 9,712 10,754 1,188 430 3,619 650 816 1,250 1,405 7,870 4,900 7,150 1,531 1,352 2,250 2,310 713 755 633 2,921 1,175 1,698 1,013 617 839 837 42,310,332 1,009,796 1,174,835 116,306 98,321 3,381,211 219,182 205,796 7,333,745 168,242 117,993 3,627,137 141,263 106,488 4,113,693 81,408 67,835 2,843,374 76,487 64,869 3,025,454 123,997 116,800 5,940,131 50,965 49,620 2,295,593 41,939 40,376 2,069,066 49,974 46,208 2,427,562 53,696 51,744 2,654,296 51,376 43,746 2,599,070 510,923 51,463 93,058 56,843 49,618 32,489 27,574 64,827 28,412 21,231 30,784 27,448 27,176 1,250 1,700 5,650 2,900 7,500 1,850 950 1,700 2,200 1,000 87,174 1,157 4,920 25,261 4,562 2,201 I,731 2,310 25 608 12,261 188 440 906 90 2,580 625 2,314 570 1,077 1,050 5,408 4,881 615 II,394 26,986 610 925 2,322 2,573 202 1,202 1,338 6,305 736 259 1,839 76 568 419 163 285 2,708 521 I,943 348 236 797 611 173,447 23,911 36,591 14,451 10,218 II,754 8,269 28,863 7,139 8,693 8,054 9,582 5,922 ,140,299,10 51,322 68,195 263.322 49,250 27,476 19,696 20,093 19,204 31,192 113.323 6,629 29,449 26,249 1,977 28,571 23,151 20,612 6,863 52,775 15,139 137,945 54,395 12,357 61,099 ,840,747 389,237 505,769 248,961 511,978 358,139 218,272 217,579 219,883 480,255 ,227,980 99,708 307,815 289,434 30,651 318,274 236,109 289,138 76,331 626,723 220,359 ,476,025 596,381 177,261 718,485 R e s e r v e b a n k citiesi 1. Boston 2. New York* 3. Philadelphia 4. Cleveland 5. Richmond 6. Atlanta* 7. Chicago^ 8. St. Louis 9. Minneapolis 10. Kansas City 11. Dallas 12. San Francisco 9,656,476 375,565 447,599 1,110,569 451,482 280,179 195,959 173,697 167,873 385,707 1,167,916 82,179 214,255 231,969 23,963 284,455 170,866 180,641 73,832 576,709 195,727 1,430,561 590,034 160,564 684,175 R e s e r v e b r a n c h cities 1 2. Buffalo 4. Cincinnati 4. Pittsburgh 5. Baltimore 5. Charlotte^ 6. Birmingham 6. Jacksonville 6. Nashville 6. New Orleans 7. Detroit 8. Little Rock 8. Louisville 8. Memphis 9. Helena 10. Denver 10. Oklahoma City 10. Omaha 11. El Paso 11. Houston 11. San Antonio 12. Los Angeles 12. Portland 12. Salt Lake City 12. Seattle 347,032 3,959,782 3,540,557 O t h e r r e s e r v e cities* 250,980 228,780 4. Columbus 21,160 218,084 221,500 4. Toledo 17,686 665,694 647,399 5. Washington 59,136 59,461 29,689 7. Cedar Rapids 4,321 191,991 160,424 7. Des Moines 14,232 17,063 17,681 7. D u b u q u e 1,719 150,532 153,185 7. Grand Rapids 3 17,381 386,776 358,051 7. Indianapolis 35,200 514,527 430,196 7. Milwaukee 49,091 74,828 70,405 7. Peoria 8,924 71,747 44,068 7. Sioux City 3,989 262,435 208,100 9. St. Paul 27,958 35,429 22,787 10. Kansas City, Kansas 2,951 1,765 56,397 10. Lincoln 6,334 9,891 20,499 10. Pueblo 3,132 46,496 31,867 10. St. Joseph 3,418 55,815 52,386 10. Topeka 4,023 237,360 229,352 10. Tulsa 19,149 151,350 133,475 10. Wichita 9,496 250,704 196,272 11. Fort Worth 18,291 39,901 41,754 11. Galveston 4,742 42,024 47,735 11. Waco 3,155 47,364 45,748 12. Ogden 5,586 90,565 92,807 12. Spokane 5,958 ,395,216 25,507,582 2,869,001 290,001 ,928,232 2,000,677 554,627 ,416,808 3,561,665 357,529 ,719,162 1,864,607 307,587 ,026,611 2,227,535 193.486 ,652,697 1,779,729 177,199 ,936,320 2,065,334 334.487 ,026,895 3,400,662 136,136 ,429,844 1,508,491 112,239! ,129,899 1,217,264 135,0201 ,742,006 2,015,316 142,470! 1 ,930,554 2,268,582 128,220: 1,456,188 1,597,720 C o u n t r y b a n k s , by d i s t r i c t s 1. Boston 2 New York 3. Philadelphia 4. Cleveland 5. Richmond 6. Atlanta 7. Chicago 8. St. Louis 9. Minneapolis 10. Kansas City 11. Dallas 12. San Francisco 3 Includes figures for a bank with its head office in a nonreserve city, that has a branch in this reserve city; see Table of Contents page. For other footnotes, see opposite page ALL MEMBER BANKS—ASSETS AND LIABILITIES ASSETS [In thousands of dollars] Loans and investments State T o t a l , all States. New England: Maine New Hampshire Vermont Massachusetts Rhode Island Connecticut Middle Atlantic: New York New Jersey Pennsylvania East North Central: Ohio Indiana Illinois Michigan Wisconsin. . . : West North Central: Minnesota Iowa Missouri North Dakota South Dakota Nebraska Kansas South Atlantic: Delaware Maryland District of Columbia.. Virginia West Virginia North Carolina South Carolina Georgia Florida East South Central: Kentucky Tennessee Alabama Mississippi West South Central: Arkansas Louisiana Oklahoma Texas Mountain: Montana Idaho Wyoming Colorado. New Mexico Arizona Utah Nevada Pacific: Washington Oregon. California. Number of banks 6,928 38 52 40 149 Total Loans (including overdrafts) U.S. Government direct obligations 94,801,522 28,655,103 59,188,501 272,613 146,653 114,515 3,025,753 532,360 766,105 Reserves, cash, and ObligaObligations Other Corporate stock guaran- tions of bonds, teed by States and notes, (including political F. R. U. S. and deBank Govern- subdivi- bentures stock) ment 9,863 3,981,637 2,688,436 Total Reserve with Federal Reserve Banks 277,982 28,694,099 16,040,361] 1,408,907 76,745 178,760 56,670 76,164 50,793 49,352 991,821 1,892,543 121,016 397,015 211,727 498,584 13 35 142 354 5,788 5,741 6,030 58,853 6,295 32,629 10,515 7,627 7,914 72,223 5,695 21,060 792 416 284 9,959 2,339 2,089 576 295 767 24,510,517 7,783,495 15,240,067 3,272,908 774,804 2,164,747 7,024,672 1,868,738 4,342,993 3,423 749 573 774,663 177,791 257,659 599,497 141,596 518,771 109,372 13,221 35,938 7,265,258 4,720,586 698,894 371,655 1,937,830 1,062,855 428 239 503 228 165 4,846,945 1,418,106 3,032,966 1,604,412 377,842 1,106,571 8,092,947 2,184,091 5,276,845 3,360,981 890,010 2,217,805 1,551,346 346,792 1,106,697 244 235,938 71,725 351,470 155,532 48,319 150,622 45,658 266,811 91,837 46,812 9,069 2,496 13,718 5,739 2,405 1,298,519 732,061 504,718 243,587 2,467,366 1,447,121 859,617 468,826 446,790 215,678 208 163 181 41 63 145 215 1,542,655 927,409 2,336,970 191,815 244,774 702,077 714,722 450,983 989,553 218,506 618,735 833,821 1,342,413 28,946 153,525 53,603 175,304 149,595 493,135 173,684 473,906 50,019 68,734 92,311 4,583 9,663 37,089 37,645 49,311 19,337 60,117 4,532 5,875 21,187 28,245 2,769 1,375 7,616 17 79 237,604 887,804 758,877 1,119,664 537,088 695,182 325,969 868,845 1,019,631 67,271 209,157 196,735 420,927 141,045 240,608 82,266 335,358 227,624 151,829 642,717 519,524 629,272 361,127 409,413 217,573 475,100 711,191 7,811 9,423 1,593 34,523 19,124 26,911 13,985 37,564 59,815 9,466 24,286 39,315 32,125 14,250 16,852 11,657 19,071 18,815 1,227 2,167 1,689 2,734 1,318 1,398 483 1,749 721,528 1,048,094 734,364 212,141 224,545 337,190 222,357 55,456 451,613 610,408 421,301 124,022 4 37 21,246 78,756 72,091 29,301 22,444 18,383 17,260 2,926 372,881 93,461 231,760 882,616 229,093 564,724 905,533 248,834 574,398 3,458,366 1,242,938 1,999,652 89 145 13,762 13,293 11 63 16 203 108 53 30 64 71 13 82 86 30 45 224 556 80 25 37 92 33 5 34 6 55 32 116 Mutual Savings Banks1., 330,620 279,490 126,303 682,914 155,954 270,953 340,235 123,422 66,983 67,039 37,783 182,317 63,045 109,465 127,347 39,398 120 12 58 321 20 722 692 9 13 49 112 54 21 83 224 2 3 242,208 149,592 416,885 26,728 37,858 137,809 130,632 2,186 73,989 266,649 248,000 339,444 168,653 270,943 118,037 336,116 359,768 30,963 141,968 154,436 163,452 73,982 128,665 55,420 156,575 168,337 1,676 3,320 1,353 433 234,636 376,125 243,507 80,658 124,948 186,817 129,517 31,575 689 1,953 1,684 141,098 323,854 433,958 1,689,428 64,361 170,420 173,735 723,866 104,815 73,755 44,960 262,941 57,803 68,445 103,018 30,416 53,208 39,483 20,277 122,573 25,332 42,851 53,370 16,766 220 316 1,022 1,130 1,365,639 481,857 755,303 941,483 256,382 598,120 9,615,173 3,586,834 5,409,326 3 15 337 296 3 842 33,120 73,408 70,576 165,593 43,370 6,810 8,255 5,230 6,145 20,347 7,152 9,266 9,334 8,532 6,015 599 2,525 18,671 1,897 4,116 1,704 441 456 315 208 1,007 102,895 79,088 482,076 23,355 6,672 119,903 16,192 47 10,021 15,145 32,671 20,333 12,550 517,931 58,106 93,530 497,263 312,824 847,599 48,484 75,908 273,835 270,319 290 248,896 205,970 79,642 460,572 83,639 147,807 201,001 74,921 20 67,137 45,895 26,235 884,626 104,398 245,725 221 299 553 130 2,229 1,218 437,324 231,792 270,584 159,589 2,355,935 1,456,881 2,340 STATES LOCATED I N 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 New Jersey—Dist. No. 2 Kentucky—Dist. No. 4 Pennsylvania—Dist. No. 4 West Virginia—Dist. No. 4 Louisiana—Dist. No. 6 Mississippi—Dist. No. 6 Tennessee—Dist. No. 6 Indiana—Dist. No. 7 Illinois—Dist. No. 7 Michigan—Dist. No. 7 Wisconsin—Dist. No. 7 Missouri—Dist. No. 10 New Mexico—Dist. No. 10 Oklahoma—Dist. No. 10 Arizona—Dist. No. 12 1 17 207 58 224 13 32 18 67 176 351 187 125 46 11 211 4 215,497 62,936 141,390 2,681,366 652,027 1,759,886 234,787 61,576 160,140 2,587,491 649,784 1,619,951. 83,849 27,290 47,667 706,641 190,926 445,667 176,605 46,325 102,984 671,881 204,342 407,594 1,391,424 319,740 967,189 7,565,857 2,061,426 4,936,659 3,231,189 860,359 2,129,245 1,398,055 312,124 996,738 810,814 259,189 485,629 94,889 41,594 46,230 887,032 242,221 564,787 233,760 99,247 123,827 12 700 3 37 94 6 46 293 343 20 4,807 147,027 7,522 88,986 5,224 57,766 24,911 47,712 63,583 312,235 148,718 43,495 43,640 5,105 68,533 6,309 5,787 110,313 5,010 210,374 3,348 11,187 2,022 9,615 38,680 242,627 87,323 43,228 20,486 These banks, two in Wisconsin and one in Indiana, are included in the figures for those States. 1,818 9,826 4,116 565 11,413 539 18,105 320 1,095 360 2,581 2,138 12,904 5,498 2,177 1,527 142 1,645 261 56,179 27,197 563,557 296,725 66,550 32,223 695,603 384,137 20,424 8,955 255,523 144,289 67,749 26,360 245,839 116,822 441,822 214,413 2,319,413 1,377,907 830,867 454,753 407,789 198,116 378,762 176,124 30,695 13,987 426,091 170,732 60,547 37,814 15 OF BANKS O N JUNE 30, 1947, BY STATES ASSETS [In thousands of dollars] bank balances Demand balances Balances Other with with b a n k s in balances banks in with U . S. (exforeign banks cept prin U . S . countries vate banks, etc.) 5,489,091 15,919 11, 6,605 104,557 17,686 82,657 31,588 14 3 20 797 129 160 34.228 Cash items in process of collection Bank premises, furniture, and fixtures 5,689,924 798,485 Assets indirectly representing real estate 12,723 83 7 28 1,054 391 30 10,649 8,514 4,710 200,764 16,194 47,423 1,763 1,650 I,109 31,869 7,282 12,582 86,439 333 49 5 1,324 20 33 150 342 192 210,485 39,606 81,985 Customers' liability on acceptances 61,294 Other real estate owned 983 805 1,167 63 22 319 1 34,577 32,157,886 2,572 4,025,589 16,908 9,088,147 1,361 55 1,189 887 275 552 69 2,663 86 4 9,071 2,549 20,470 7,370 2,544 3,845 6,205,252 1,233 2,124,615 5,371 10,624,285 2,394 4,252,325 2,427 2,014,829 215 4,436 707 3,619 548 596 1,140 625 671 241 4,584 40 242 744 710 2,055,974 1,247,932 3,209,795 242,058 322,959 981,995 990,799 425 1,848 111 2,089 1,343 497 1,451 518 461 55 964 1,171 219,260 57,542 434,763 145,921 78,655 44,750 II,541 33,593 20,928 11,436 209 38 686 111,408 31,033 212,280 3,496 5,133 43,913 12,032 6,404 4, 12,854 1,171 1,439 4,194 4,233 555 42 2,987 3,775 19,158 53,120 33,512 66,532 15,701 49.341 12,319 90,187 40,219 1,345 8.482 12,083 12,541 5,343 5,500 2,095 9,936 12,292 42 59 140 312 142 10 20 268 391 673 5 1,450 756 455 20,413 50.725 40.726 82,216 62,698 78,653 41,275 72,888 127,344 5 274 348 1,036 332 76 191 7 11 593 260 307 317 415 5 43 62,625 114,228 76,940 38,741 50 1,232 746 57,484 84,323 205,745 713,163 5 469 7 3,875 1,279 36,625 21,956 18,298 93,125 26,242 11,953 22,445 7,032 96 195 5 2,520 9 30 81,461 40,762 292,754 1,080 304 3,236 2,188 3 131 23 392 101 75 217 192 2,430 5,566 4,853 11,468 7,043; 2,178 12,468 53.342 38,746 185,394 2.541 9,103 6.542 36,474 9,070 7,076 2,988 33,300 2,321 7,738 22,378 3,584 2,013 1,751 712 96,784 54,508 506,088 9,071 10,302 71,591 33,579 53,339 18,108 P& 7 342,627 194,401 142,115 3,964,801 647,397 1,026,036 75,459 8,699 14,681 252,562 165,896 482,101 176,314 128,452 495 13 1,175 160 399 131 58 3,349 279 416 55,447 263 5,527 22,080 124,332 114,613 189,622 15,745 29,362 83,548 116,817 116,464 124,796,663 5,160 1,842 5,377 3,638 428 1,768 22 225,637 Total 7,827 242,870 167,503 377,410 221 Other assets 9,903 1,050 25 2,066,150 90,707 362,911 44 1,560 Income accrued but not collected 62 7 2,216 475 136 1 4 174 161 802 21 96 1,666 991 812 1,323 306 1,496 346 1,852 2,588 2.051 887 1,416 597 1,375 314,189 1,167,110 1,022,968 1,476,252 712,874 975,350 447,068 1,219,318 1,396,191 383 1,354 955 435 962,413 1,440,165 988,592 295,447 297 1,369 528 I,955 517,123 1,222,372 1,348,587 5,197,394 102 438,304 355,562 172,162 950,926 215,080 343,209 446,462 155,539 1,200 125 169 204 703 926 415 987 1,869 1,436 17 36 30 953 730 5,665 1,658 242 240 2,593 1,036 2,535 26 2 226 18 1,789 16 1,182 735 3 19 110 1,562 13 1,157 52 474 2,611 1,184 1.483 1,809 877 275 3 23,987 95 197 3,907 3,210 3,440 29,201 1,218 2,182 563 71 813 47 980 428 349 481 1,815,874 1.052 1,227,061 II,185 12,111,254 17,555 62 State Total, all States New England: Maine New Hampshire Vermont Massachusetts Rhode Island Connecticut Middle Atlantic: New York New Jersey Pennsylvania E a s t North Central: Ohio Indiana Illinois Michigan Wisconsin West North Central: Minnesota Iowa Missouri North Dakota South D a k o t a Nebraska K ansas SoutheAtlantic: Dalaware Mryland District of Columbia Virginia West Virginia N o r t h Carolina South Carolina Georgia Flordia E a s t 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 Banks OF BANKS LOCATED I N 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 11,828 134,988 27,159 157,438 6,693 54,346 32,353 79,115 142,265 430,398 166,190 111,933 96,219 12,833 201,649 10,302 383 50 529 30 469 1,184 437 1,427 498 194 1,125 2,173 9 44 U, 83 100, •y 2,111 J: 5, 55 964 1,167 22 I: 144, 392 7, 188 4,294 31,023 S: 38: 32,266 522 7,223 1,875 7,777 9.310 30,119 19,841 10,376 3.311 833 6,348 1,356 645 1,352 25 263 111 1,985 45 91 '''784 1,658 124 25 646 146 55 1,185 887 275 433 1 62 7 1,077 70 18 1 730 189 16 592 69 2,610 234 7,671 104 6,623 164 2,138 13 1,393 2,410 20,023 7,351 2,277 609 13 1,036 1,157 86 1,626 65 2,119 110 893 390 661 1,134 5,019 2,370 2,332 1,782 10 511 947 276,315 3,287,503 303,617 3,326,243 105,069 974,951 246,649 928,413 1,846,249 9,944,872 4,092,653 1,821,115 1,196,788 126,510 1,322,008 297,957 Connecticut—Dist. No. 2 New Jersey—Dist. No. 2 Kentucky—Dist. No. 4 Pennsylvania—Dist. No. 4 West Virginia—Dist. N o . 4 Louisiana—Dist. No. 6 Mississippi—Dist. No. 6 Tennessee—Dist. No. 6 Indiana—Dist. No. 7 Illinois—Dist. No. 7 Michigan—Dist. No. 7 Wisconsin—Dist. No. 7 Missouri—Dist. No. 10 New Mexico—Dist. No. 10 Oklahoma—Dist. No. 10 Arizona—Dist. No. 12 i6 ALL MEMBER BANKS- -ASSETS AND LIABILITIES OF BANKS L I A B I L I T I E S [In thousands of dollars] Demand deposits State Total Total, all States New England: Maine New Hampshire Vermont Massachusetts Rhode Island Connecticut Middle Atlantic: New York New Jersey Pennsylvania East North Central: Ohio Indiana Illinois Michigan Wisconsin West North Central: Minnesota Iowa Missouri North Dakota South Dakota Nebraska Kansas South Atlantic: Delaware Maryland District of Columbia, Virginia West Virginia North Carolina South Carolina Georgia Florida East South Central: Kentucky Tennessee Alabama Mississippi West South Central: Arkansas Louisiana Oklahoma Texas Mountain: Montana. Idaho. Wyoming Colorado New Mexico Arizona Utah Nevada Pacific: Washington Oregon. California Individuals, partnerships, and corporations 87,361,458 67,933,249 United States Govern States and political subdivisions 1,095,163 5,375,667 Time deposits Banks United States 9,612,469 Banks in foreign countries Certified and officers' checks, etc. 1,953 2,365 855 22,518 15,218 6,085 25,459,004 19,368,288 2,004,583 1,701,255 5,698,611 4,841,533 270,675 24,766 47,722 663,679 2,951,516 1,229,144 191,267 39,703 392 552,477 181,178 11,308 3,029,701 1,095,244 5,633,063 1,852,157 863,263 61,005 16,385 214,225 27,193 21,930 254,595 246,491 99,118 206,446 450,110 1,155,475 174,852 143,850 114,915 119,907 1,390,443 918.539 918,648 620,749 2,509,857 1,678,017 169,443 149,429 248,986 202,868 818,705 592,849 846,654 632,393 16,407 19,776 23,987 2,479 4,961 11,404 8,555 154,983 130,437 113,215 6,152 28,953 37,969 115,542 278,738 140,358 668,058 9,631 10,273 169,689 80,749 253,751 783,029 750,603 926,146 463.041 769,574 361,243 943,071 1,064,591 232,017 624,219 675,030 745,382 385,454 518,388 293,411 683,835 818,556 8,665 6,233 13,502 16,627 5, ~ 8,851 6,384 10,355 9,471 1,644 64.748 46,581 35,922 114,230 43,814 104,602 113,981 2,975 81,090 41,248 99,098 27,870 115,148 13,448 139,892 108,707 749,534 1,036,271 713.042 220,346 559,810 708,246 555,591 139,091 9,952 7,036 8,140 3,548 33,372 103,989 87,003 44.749 116,450 207,635 57,251 32,095 65 288 3,221 4,923 44,538 145,550 152,887 636,842 4,984 20,540 3,788 7,582 68,975 6,664 3,655,730 1,437,100 7,570,540 2,246,576 1,147,257 409,196 311,803 940,140 630,844 1,167,056 829,599 4,410,466 3,388,178 62 7,658 6,093 1,027 278,434 10,065 27,276 29,474 46,670 142,818 149,335 297,177 272,195 218,340 102,887 579,022 130.713 213,998 244,643 76,017 3,495 2,306 1,137 9,269 1,752 1,544 1,534 1,264 34,928 32,563 15,069 31,714 30,507 35,463 27,108 16,465 32,589 805 1,210,890 979.540 793,884 683,929 6,681,602 5,528,024 10,810 124,283 55,632 493,578 74,831 29,728 337,345 335,967 259,842 128,242 696,833 172,155 258,290 308,441 97,550 18,168 6,259 64,941 2,208 States Banks and politi- Banks in Postal forcal in savings sub- U. S. eign divitries ,369 238 1,975,642 28,073,648 27,259,348 102,564 3,327 174,880 150.712 129,141 109,501 59,516 54,511 2,886,426 2,381,152 386,338 323,061 698,224 606,202 12,883 7,841 2,293 138,848 30,642 38,964 Total individuals, United partner- States ships, and Govern corpora ment 136,182 44,939 67,704 700.325 208,566 239,721 676 312 181 4,228 435 975,702 3,522,297 3,431,851 47,200 1,739,609 1,730,347 64,393 2,447,602 2,333,440 27,654 2,172 974 61,113 2,140,634 2,047,096 566,831 19,795 562,408 93,413 2,392,969 2,257,282 43,882 1,768,468 1,756,846 748,730 26,772 724,608 986 2,739 2,047 3,816 19,501 7,249 19,601 1,752 1,931 6,789 9,415 529,505 264,050 507,306 61,508 58,723 107,730 91,804 525,930 261,494 500,930 61.302 57,750 107,589 89,621 526 2,418 1,237 8,450 5,904 17,752 18,284 7,957 12,957 4,186 4,361 11,787 26,103 306,086 205,031 438,530 191,355 143,226 64,705 201,275 250,550 26.063 299,597 204,006 416,193 188,388 138,535 63,354 199,803 228,605 31 1,614 5,250 1,930 3,803 90 1,167 1,341 116 29,950 9,300 4,769 863 144,299 316,648 212,074 58,764 141,488 307,142 210,207 57,964 2,032 4,180 825 795 16 58 17 683 809 4,459 160 865 5 2,964 78,153 218,638 96,799 483,704 76,543 212,908 89,394 420,885 1,360 557 486 6,304 20 17,067 53,110 70 95 370 150 740 4,363 4,577 2,247 53,568 2,577 4,809 2,845 1,567 7,830 2,519 4,584 2,563 2,999 82,050 80,223 33,514 200,062 32,851 70,322 112,996 49,462 81,231 79,420 33,016 197,087 32,551 70.064 112.326 49.303 302 717 390 100 277 250 490 131 18,500 510,250 508,240 17,002 365,761 359,575 212,652 4,745,987 4,609,529 1,461 79 11,454 1,670 3,341 830 46,946 6,098 19,697 18,528 1,254 2,825 112 24,254 4,642 470 2,275 79 6,979 835 3,009 174 26 2,089 11,021 '^685 23 493 4 2,926 1,334 45,062 Mutual Savings Banks. ... 137,286 45,474 68,2'F 705,132 209,069 241,278 648,893 38,366 21,150 : 16,124 1,188 1,120 52 102 1,285 1,000 7 20 3 159 50 25 366 203 337 325 55 18 344 37,982 3,660 21,150 7,007 83 109,931 2,803 317 304 122 64 39 121 75 72 5 3 22 39 13 25 30 8 7 41 66 11 17 5 11 5 20 20 15 362 90,011 2,224 25 1,355 133,518 6,634 1,108 22,324 639 2,277 63 5,037 651 201 918 12 771 9 1,567 3,295 870 519 488 93 787 903 351 190 74 18,648 1,890 16,101 5 75 55 36 178 2,692 6 3 50 110 504 28 525 4 155 5,937 121,506 3,136 ^,722 STATES LOCATED I N 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.. New Jersey—Dist. No. 2... Kentucky—Dist. No. 4 Pennsylvania—Dist. No. 4. West Virginia—Dist. No. 4. Louisiana—Dist. No. 6 Mississippi—Dist. No. 6 . . . Tennessee—Dist. No. 6 . . . . Indiana—Dist. No. 7 Illinois—Dist. No. 7 Michigan—Dist. No. 7 Wisconsin—Dist. No. 7 . . . . Missouri—Dist. No. 10 New Mexico—Dist. No. 10. Oklahoma—Dist. No. 10... Arizona—Dist. No. 12 162,905 1,581,521 215,640 2,112,172 52,549 746,629 180,550 650,991 1,249,204 7,136,014 2,183,842 1,053,162 1,025,686 93,271 1,143,996 226,822 140,869 1,360,677 189,621 1,821,241 45,341 484,249 106,880 446,675 945,912 5,304,996 1,800,379 784,798 563,771 60,990 811,381 188,302 2,375 20,211 3,655 17,007 1,503 3,691 2,123 5,253 14,491 208,711 25,625 19,372 5,375 971 17,949 1,386 9,089 120,830 14,212 54,714 2,747 124,729 39,326 71,523 186,121 416,692 166,972 106,716 57,555 23,596 145,284 30,612 5,857 37,256 2,709 199,406 1,924 121,782 31,485 120,134 84,916 ,092,042 143,455 116,404 389,541 6,071 152,636 2,119 4,984 24,254 4,629 4,715 92,590 92,460 42,155 1,479,348 1,473,487 5,443 65,141 64,920 18,550 821,845 789,092 1,034 35,333 34,557 7,194 178,228 172,648 736 52,524 51,724 7,406 222,321 212,953 17,652 493,273 488,977 89,319 2,187,857 2,082,259 42,782 1,682,366 1,671,080 25,402 659,518 635,543 8,747 107,929 107,855 1,643 26,874 26,582 16,746 95,123 87,731 3,910 58,259 58,001 72 1,507 12 208 557 795 4,180 2,739 2,032 3,803 1,116 56 275 486 250 15 1 224 5 60 56 274 39 9 34 16 11 95 5 43 70 4,284 163 45 29,741 2,580 498 273 4,223 740 5 794 4,338 13 1,270 103,527 6,366 1 , 1 0 8 639 22,186 2 6 4,574 2,237 3 17 O N JUNE 30. 1947, BY STATES L I A B I L I T I E S AND CAPITAL ACCOUNTS [In thousands of dollars] Bills payable and other borrowed money Acceptances outstanding 50,010 99,109 Other liabilities Total liabilities Capital 897,583 116,481,808 2,718,994 3,701,871 455,782 40,570 126,742 92,403 18,138 51,523 26,835 5,488 43,575 18,132 4,891 5,825,926 2,009,488 10,010,244 4,033,279 1,900,932 143,606 39,236 212,871 73,814 38,260 155,762 44,687 234,324 93,990 41,076 54,647 24,673 96,992 30,315 23,531 25,311 6,531 69,854 20,927 11,030 II,743 1,817 9,737 696 846 1,913 1,753 1,931,906 1,184,590 3,028,725 231,647 308,555 933,853 940,411 38,621 19,365 72,726 3,633 4,893 16,975 18,040 53,795 26,405 60,647 3,762 5,713 16,755 19,865 18,754 11,482 40,965 1,999 2,437 9,807 10,461 12,898 6,090 6,732 1,017 1,361 4,605 2,022 8,504 2,001 19,500 37,210 18,627 15,534 6,500 23,162 29,780 19,306 34,020 28,825 41,240 22,660 28,218 7,729 28,116 32,831 4,953 12,158 9,846 18,527 8,276 6,952 3,816 10,008 9,692 170 6,278 2,402 6,639 3,389 4,010 1,616 7,096 3,831 22,435 26,692 19,494 5,956 31,169 37,710 24,413 8,273 8,661 13,230 10,911 904 2,081 3,039 3,928 581 10,060 19,232 6,264 8,838 19,600 50,897 1,022 1,395 5,304 16,564 474,722 15,599 40,331 2,175 552 . 69 3,030 103 4 215 1,100 725 5,500 200 8,314,855.76,183,919 69,594,634 755,804 1,314,619 105,943 99,394 434,883 274,662 63,495 263 6,924 75 492,125 29,539,278 3,761,544 8,200,337 19,760 1,490 6,869 28,981,301 3.744.192 11,028 ,401,865 32,861 1,305 25 1,300 Total capital accounts 1,593 1,086 1,307 29,994 3,980 4,796 313,858 175,773 128,891 3,637,863 601,510 946,548 425 745 415 2,348 Other capital 5,857 3,977 2,654 50,541 5,146 13,123 I,267 413 735 32,929 4,798 5,721 312,166 174,615 127,741 3,591,558 595,407 939,502 Surplus 10,540 5,761 4,828 100,010 15,495 28,708 10,779 7,804 4,435 146,393 21,266 100 500 1,705 3,525 600 174 1,402 3,255 161 6,094 802 200 98 50 6,434 1,459 6,292 4,866 281,256 1,092,644 962,395 1,372,636 659,922 920,636 427,407 1,150,936 1,320,057 16 3,836 5,649 4,263 607 898,067 1,359,494 929,846 279,733 1,803 242 1,232 1,155 4,608 3,363 12,865 488,504 1,165,389 I,267,460 4,908,267 109,452 11,273 27,518 30,205 112,214 722 1,094 280 3,163 254 2,383 7,650 5,085 2,830 14,814 4,046 4,600 7,699 2,163 7,341 5,797 4,121 19,282 3,367 5,357 10,032 2,234 3,706 2,169 2,136 12,680 660 1,590 3,888 2,297 868 1,352 839 4,092 1,747 667 1,784 1,833 418,739 341,159 162,236 900.058 205,260 330,995 423.059 148,845 6,479 5,590 95,812 1,727,714 1,165,432 II,528,504 26,665 17,295 228,739 31,860 23,630 227,366 16,447 15,5431 106,761 13,188 5,161 19,884 926 467 200 6,261 1,622 95 197 5,103 1,721,140 1,159,645 11,427,589 22,010 26,018 137 16,172 16,126 Net deDemand mand de deposits osits adjusted ject to (see footreserve note on (see page 1; page 18) Undivided profits 25 C State T o t a l , all States New England: Maine 154,616 148,312 28,769 New Hampshire 112,169 108,947 18 ,628 Vermont 52,924 13,224 48,201 Massachusetts 326,938 2,581,110 2,366,182 Rhode Island 343,607 352,458 45,887 Connecticut 617,440 568,144 79/ Middle Atlantic; New York 2,618,608 23,149,984 18,941,519 New Jersey 264.045 1,746,373 1,849,015 Pennsylvania 887,810 4,958,290 4,724,193 East North Central: Ohio 379,326 3.183.908 3,118,045 Indiana 115,127 1,213,844 1,263,943 Illinois 614,041 6,653,742 5,741,823 Michigan 219.046 1,924,341 1,924,970 Wisconsin 926,295 940,979 113,897 West North Central: Minnesota 981,615 124,068 1,154,703 Iowa 727,402 63,342 773,002 Missouri 181,070 2,107,955 1,598,553 North Dakota 153,837 150,202 10,411 South Dakota 228,619 214,491 14,404 Nebraska 593,694 48,142 691,244 Kansas 745,318 50,388 717,808 South Atlantic: Delaware 222,953 214,180 32,933 Maryland 641,751 679,184 74,466 District of Columbia 659,332 60,573 676,365 Virginia 743,715 103,616 777,398 West Virginia 413,632 384,642 52,952 North Carolina 596,234 641,580 54,714 South Carolina 329,092 307,649 19,661 Georgia 702,611 779,996 68,382 Florida 904,105 76,134 897,028 E a s t South Central: Kentucky 589,553 653,330 64,346 Tennessee 768,196 80,671 868,704 Alabama 629,255 617,994 58,746 Mississippi 179,137 15,714 176,039 West South Central: Arkansas 348,969 28,619 339,244 Louisiana 731,341 56,983 802,475 Oklahoma 957,255 81,127 922,565 Texas 3.511.909 3,553,071 289,127 Mountain: Montana 302,862 19,555 290,272 Idaho 246,672 230,810 14,403 Wyoming 116,535 9,926 106,956 Colorado 585,266 50,868 570,408 New Mexico 161,418 143,592 9,820 Arizona 246,307 238,599 12,214 Utah 251,936 263,618 23,403 Nevada 91,897 86,934 6,694 Pacific: Washington 88,160 1,032,645 1,025,539 Oregon 702,055 698,614 61,629 California 582,750 5,883,151 5,728,166 Mutual Savings Banks 1,383 OF BANKS LOCATED I N 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 255,495 3,060,869 280,781 2,934,017 87,882 924,857 233,074 873,312 1,742,477 9,323,871 3,866,208 1,712,680 1,133,615 120,145 1,239,119 285,081 200 198 5,060 3,200 40 50 25 263 45 1,803 16 592 69 2,977 103 4 242 1,489 13,362 535 16,229 627 3,484 583 3,555 4,920 42,365 17,921 4,584 2,202 200 3,324 2,115 257,009 3,074,694 281,514 2,955,351 91,709 930,144 233,673 877,459 1,747,466 9,369,253 3,884,232 1,717,318 1,135,817 120,345 1,242,685 287,196 7,758 79,576 8,050 120,522 4,290 14,400 4,836 18,180 33,328 199,742 69,910 34,435 21,895 2,731 25,333 4,350 7,845 87,948 9,802 178,484 6,315 21,497 6,972 23,620 38,770 220,326 89,850 37,283 20,653 2,006 29,592 4.357 2,454 32,397 3,312 43,318 1,574 7,564 658 7,406 21,019 88,870 28,207 21,932 15,700 319 19,202 1,430 1,249 12,888 939 28,568 1,181 1,346 510 1,748 5,666 66,681 20,454 10,147 2,723 1,109 5,196 624 19,306 212,809 22,103 370,892 13,360 44,807 12,976 50,954 98,783 575,619 208,421 103,797 60,971 6,165 79,323 10,761 139,899 1,366,993 186,662 1,854,600 43,564 647,087 142,944 537,503 1,054,121 6,288,341 1,873,378 865,691 832,178 78,816 903,750 209,367 143,495 1,444,122 207,457 1,794,371 46,830 570,976 141,689 491,231 1,096,685 5,393,732 1,865,859 840,549 532,784 84,607 934,814 215,671 Connecticut—Dist. No. 2 New Jersey—Dist. No. 2 Kentucky—Dist. No. 4 Pennsylvania—Dist. No. 4 West Virginia—Dist. No. 4 Louisiana—Dist. No. 6 Mississippi—Dist. No. 6 Tennessee—Dist. No. 6 Indiana—Dist. No. 7 Illinois—Dist. No. 7 Michigan—Dist. No. 7 Wisconsin—Dist. No. 7 Missouri—Dist. No. 10 New Mexico—Dist. No. 10 Oklahoma—Dist. No. 10 Arizona—Dist. No. 12 i8 ALL MEMBER BANKS—RESERVE POSITION ON JUNE 30, 1947 [In thousands of dollars] Gross demand deposits All member b a n k s . . . Central reserve city banks. Reserve city banks Country banks All member banks, by districts: Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco Central reserve city banks: New York Chicago Reserve city banks, by districts: Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco Country banks, by districts: Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco Deductions allowed in computing demand deposits subject to reserve Reserves with Federal Reserve Banks Time deposits Total 2 Required 3 87,361,458 11,177,539 76,183,919 28,073,648 16,040,361 15,517,490 Ratio of total reserves to net demand plus time deposits (per cent) Ratio of required reserves to net demand plus time deposits (per cent) 522,871 15.4 14.9 27,719,651 31,983,269 27,658,538 2,441,208 25,278,443 2,330,012 4,473,009 27,510,260 11,268,894 4,263,322 23,395,216 14,474,742 5,138,602 6,274,093 4,627,666 5,195,489 -56,887 6,178,186 95.907 4,143,815 483,851 18.6 16.2 12.2 18.8 15.9 10.9 4,171,620 27,203,430 4,263,252 6,036,091 4,001,087 4,298,874 12,540,870 3,474,759 2,301,668 4,753,387 4,737,389 9,579,031 504,347 3,667,273 2,546,554 24.656.876 566,002 3,697,250 767,357 5,268,734 577,833 3,423,254 676,322 3,622,552 1,686,337 10,854,533 503,650 2,971,109 365,749 1,935,919 852,227 3,901,160 957,269 3.780.120 1,173,892 8,405,139 1,313,874 5,094,235 1,912,121 3,062,953 1,313,600 1,116,972 5,287,064 935,925 907.100 663,036 543,830 5,922,938 707,924 5,044,508 784,611 1,157,376 708.968 741,900 2,394,781 571,445 391,637 772,134 769.382 1,995,695 696,593 5,032,021 751,027 1,115,928 664,305 675,350 2,306,517 564,587 373,816 715,494 672,820 1,949,032 11,331 12,487 33,584 41,448 44,663 66,550 88,264 6,858 17,821 56,640 96,562 46,663 14.2 17.0 14.0 13.9 15.0 15.7 14.8 14.6 13.8 16.9 17.8 13.9 14.0 16.9 13.4 13.4 14.0 14.2 14.3 14.5 13.1 15.7 15.6 13.6 1,931,172 20,751,409 510,036 4,527,034 1,459,184 870,828 4,165,945 972,657 4,237,833 957,656 71,888 15,001 18.8 18.0 19.1 17.7 199,993 310,168 277,092 1,319,066 448,432 412,328 2,090,462 324,167 175,860 358,181 341,719 5,011,426 361,442 117,727 409,481 713,849 388,089 392,791 794,110 311,417 165,069 470,720 436,913 1,712,485 359,808 116,342 412,243 727,569 381,017 361,986 785,549 327,703 171,756 453,322 390,416 1,690,475 1,634 1,385 2,762 13,720 7,072 30,805 8,561 22.010 18.6 14.7 18.2 15.7 17.5 18.7 14.7 16.7 16.8 18.7 19.9 14.3 18.6 14.6 18.3 16.0 17.2 17.2 14.6 17.6 17.5 18.0 17.8 14.1 1,113,881 3,324,883 1,635,029 1,743,887 865,168 704,644 2,325,774 611,758 731,240 304,855 202,111 911,512 346,482 760,836 375,130 443,527 320,879 349,109 628,014 260,028 226,568 301,414 332,469 283,210 336,785 677,846 338,784 388,359 283,288 313,364 563,312 236,884 9,697 82,990 36,346 55,168 37,591 35,745 64,702 23,144 24,508 39,242 50,065 24,653 11.4 11.3 11.2 11.8 12.7 13.2 11.7 12.7 12.2 14.7 15.6 12.0 11.1 10.1 10.1 10.3 11.3 11.9 10.5 11.6 10.9 12.8 13.2 10.9 1,930,074 566,455 2,283,955 3,685,257 2,035,412 1,987,501 3,903,534 1,796,950 968,441 2,634,094 2,289,545 7,902,051 191,033 77,796 305,867 443,134 264,855 301,269 602,930 255,685 162,421 474,940 439,979 953,100 2,241,546 3,954,394 1,979,297 2,350,834 1,965,675 2,311,373 3,600,266 1,677,809 1,333,227 2,119,293 2,447,844 1,676,980 313,314 537,586 260,135 324,223 312.978 375.053 573,371 247.965 203,328 377.287 517,290 220,792 1,739,041 488,659 3,242,123 1,770,557 1,686,232 3,300,604 1,541,265 806,020 2,159,154 1,849,566 6,948,951 1,928,232 3,416, 1,719,162 2,026,611 1,652,697 1,936,320 3,026,895 1,429,844 1,129,899 1,742,006 1.930.554 1,456,188 202,060 262,172 282,404 258,557 16,286 6,687 17,398 46,497 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 June 1943-December 1946 call dates shown on pages 1 and 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 of entries on the books of the Federal Reserve Banks and the member banks. . 8 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, i.e., on July 1, 1947, when war loan and series E bond accounts were no longer exempt from reserve requirements. 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 October 3, 1942: Time deposits—6 per cent for all member banks; Net demand deposits— 20 per cent for Central reserve city banks, 20 per cent for Reserve city banks, and 14 per cent for Country banks. STATE MEMBER BANKS—ASSETS AND LIABILITIES ON JUNE 30, 1947, BY FEDERAL RESERVE DISTRICTS [Amounts in thousands of dollars] Federal Reserve district Total Boston New York Philadelphia Cleveland Rich- Atlanta Chicago St. Louis Minne- Kansas Dallas j San Francisco City apolis ASSETS 1,269,909 320,441 625,728 ;557,677 :2,114,353 2,780,027 1,415,850 516,560'1,058,431 1 31,819,561 1,260,986 15,483,136 1,616,463 ! 122,416 670,251 9,891,19( 366,971 5,040,440 494,990 797,138 469,025 189,445 1,010,243 455,218 79,711 195,342 : 19,923,683 844,969 9,628,685 966,824 1,778,142 863,682 276,888:2,671,669 738,256 223,374 377,369:206,103 :1,347,722 105 62 102 6 163 29 364 37 2,452 3,48.' 162 Obligations guaranteed by United States Government 66,264 39,161 11,336 44,002 26,070 28,334 41,296 228,290 60,132 104,856 418,042 1,083,896 16,113 25,527 5,509 7,828 2,340 31,749 6,875 142,283 50,736 93,552 83,666 316,735 794,663 27,863 4,586 748 449 1,082 5,423 5,783 2,050 4,044 10,814 5,975 76,782 122,644 4,908 Corporate stocks (including Federal Reserve Bank stock) 627,530 9,352,524 308,930 4,619,287 474,521 687,176 463,163 178,579 1,067,471 407,380 89,681 269,613 159,193 326,294 5,437,185 170,379 2,905,123 267,911 398,797 248,751 78,388 596,831 209,764 45,680 123,387 65,880 24,699 6,988 9,149 5,225 17,949 72,642 31,611 11,451 54,617 26,595 154,352 442,709 27,431 Demand balances with banks in United States (except private banks and American 93,301 33,370 82,620 77,383 127,501 74,095 135,739 103,578 68,535 275,660 189,276 1,319,502 58,444 1,003 65 35 350 110 737 303 250 772 3,454 1,113 8,523 331 1,211 47 179 4 125 5 242 28 229 10,679 13,100 346 146,822 5,367 56,089 6,669 86,131 78,945 19,897 121,359 97,022 2,131,505 51,999 1,356,403 .104,802 284 284 3,106 2,583 1,322 8,403 21,025 6,100 16,454 23,810 144,931 22,264 283,373 17,113 92 136 92 932 53 86 241 306 609 1,385 4,152 220 164 147 135 1,625 1,914 2,071 3,912 3,915 15,037 1,154 Investments and other assets indirectly representing bank premises or other real estate 1,412 63 457 477 180 63 30,475 48 34.192 1,017 4,771 330 275 1,963 7,046 879 2,984 5,548 4,427 53,727 85.193 3,072 2,491 218 2,159 208 2,931 3,321 2,656 3,832 2,390 5,415 26,259 52,866 986 5,159,449 1,691,581 411,927 901,163 520,125 2,767,075 41,647,182 1,593,478 20,363,399 2,127,659 3,501,391 1,904,618 705,317 LIABILITIES United States Government: War loan and Series E bond accounts. Certified and officers' checks, cash letters of credit and travelers checks, etc Bills payable, rediscounts, and other liabilities for borrowed money 29,273,334 1,004,925 15,770,348 1,511,068 1,918,377 1,325,388 23,262,817 868,987 12,242,244 1,364,606 1,644,798 1,010,041 12,135 33,087 15,266 147,826 299,990 17,858 7,758 1,716 2,640 9,795 33,201 964 42,032 109,158 124,051 448,269 1,333,578 61,917 98,188 152,087 65,482 2,926,526 28,759 1,751,649 809 1,200 84 633,430 661,219 1,371 18,507 30,230 20,958 537,135 756.,003 25,069 9,015,361 449,411 2,629,763 411,467 1,344,234 442,739 8,831,599 448,614 2,577,298 389,427 1,303,653 433,597 169 3,209 419 14,539 21,923 385 113 145 33 10 538 83 5,013 39,725 21,558 21,470 139,909 229 807 542 30 2,346 7,292 1 100 14,100 14,100 38,288,695 1,454,336 18,400,111 1,922,535 3,262,611 1,768,127 47,643 47,643 1,750 2,975 150 14,400 1,000 22,150 63 180 75 36,083 1,272 40,186 1,219 317 969 12,065 17,592 588 2,818 2,257 1,677 11,921 30,107 2,083 11,815 5,532 8,064 68,700 7,605 128,088 1,624 3,958 975 38,512 1,593 54,119 523,038 2,893,185 1,257,288 410,236 2,401,059 916,248 13,803 32,753 4,425 1,159 800 2,178 56,801 58,103 194,526 45,442 205,609 243,884 5,604 113 2,050 19,789 55,010 3,919 134,716 1,981,150 321,421 130,128 1,954,560 316,953 2,252 234 369 18 54 28 2,163 25,466 3,240 35 836 951 264,683 756,756 440,765 1,607,513 214,589 486,806 379,987 1,323,216 10,022 6,128 2,471 4,216 5,308 310 407 166 91,416 30,396 75,451 41,458 11,371 180,824 11,981 131,250 16,087 160 298 13 30,214 3,932 6,842 4,398 1,027,735 126,472 94,332 51,921 124,947 93,914 48,456 1,010,052 4 6 23 314 11 6 7 30 16,233 183 3,448 1,181 1,435 205 657,754 4,874,335 1,578,709 391,155 851,088 492,686 2,635,248 457 250 869 1,473 732 479 912 3,497 11,122 2,445 ^63 476 1,559 3,678 1,102 7 109 262 43 99 245 1,151 566 43 113 646 49 1,514 647 2,959 8,040 2,520 38,628,580 1,468,477 18,629,435 1,934,445 3,283,125 1,782,121 661,735>4,892,865 1,586,887 391,576, 853,449>493,537'2,650,928 CAPITAL ACCOUNTS Total liabilities and capital accounts 39,362 50,107 19,599' 15,9331 511,777 849,400 308,390i 64,397 56,239 95,414 31,228 10,333 80,790 91,542 30,867 15,067 38,751 57,258; 18,431 "8,057' 14,5621 20,46(i 6,304 2,25C) 83,025 97,740 50,021 35,798 43,827 37,165 19,973 3,729' 3,018,60]! Net demand deposits subject to reserve (see page 18) 952,673 1,376,045 527,944 161,940 I 125,001 1,733,964t 193,214: 218,266, 122,49:r 43,58:I 266,584t 164,694t > •3,501,391[ 1,904,61** 705,31:1 5,159,449l 1,691,581L 41,647,18:\ 1,593,47** 20,363,39* 2,127,659 25,823,80() 894,48:f 14,224,66%)1,332,171. 1,685,61() 1,142,86'5 434,6015 2,497,17:r 1,077,92:1 I 23,220,89-S 903,97/111,871,24=) 1,322,794L 1,687,164 1,073,65/1 452,361 2,529,23() 906,70:J 3 751,80:J 231,004I 282,34*! 231,07! 90,09 3 186,94<> 121,25:2 2 ,353,68<)\ 52,81!3 17'1 44:5 64 ) 23!3 137 ) 8S 26( 4'1 1,91<)| 17,68=i 10,55=; 15,39!i 10,07=i 12,15*; 4,91*; 2,47(> 1,04() 48,624 44,225 21,648 1,650 I 20,351L 47,7141 26,58! 116,147 7,47(i 7,25*I 4,407r 1,21C) 411,92:7 901,16;5 520,12!5 2,767,075 225,9415 618,04 7 356,71.3 1,333,581 4 243,551D 513,011D 419,17- 1,298,024 48,4213 112,814 59,09!9 186,007 82 134 125 126 FEDERAL RESERVE SYSTEM BOUNDARIES OF F E D E R A L RESERVE DISTRICTS AND THEIR BRANCH TERRITORIES MINNEAPOLIS Detroit CHICAGO f Omaha %4/V | CLEVELAND Cincirina KANSAS CITY ® ST. LOUIS Louisville / i " " RICHMOND] Nashville Oklahoma City L i t t l e Rock I DALLAS® 5-1 Paso Houston BOUNDARIES OF F E D E R A L R E S E R V E D I S T R I C T S B O U N D A R I E S OF F E D E R A L R E S E R V E B R A N C H T E R R I T O R I E S Charlotte ^ Memphis £ «aNTA jacKsonviie New Orleans San Antonio BOARD OF G O V E R N O R S OF T H E F E D E R A L R E S E R V E S Y S T E M F E D E R A L RESERVE BANK CITIES F E D E R A L RESERVE BRANCH CITIES OCTOBER /, 1945