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M E M B E R BANK CALL REPORT BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM WASHINGTON TABLE OF CONTENTS Assets and Liabilities: Of All Member Banks June 30, 1948, April iz, 1948, and June 30, 1947 1 Of All Member Banks on Selected Call Dates, 1943-1948 1 By Class of Bank By Federal Reserve Districts 3 4-5 Classification of Loans and United States Government Direct Obligations: Of All Member Banks on Selected Call Dates, 1943-1948 6 By Class of Bank 6 By Federal Reserve Districts Of Reserve City and County Member Banks, by Federal Reserve Districts Assets and Liabilities of Member Banks in Each Central Reserve and Reserve City and of Country Banks in Each Federal Reserve District 7 8-9 10-13 Assets and Liabilities of Member Banks, by States Reserve Position by Class of Bank and Federal Reserve Districts. 18 Assets and Liabilities of State Member Banks, by Federal Reserve Districts These statistics are tabulated from condition reports submitted by member banks following each official call, a minimum of three of which are required by law each year. The Comptroller of the Currency tabulates the national bank reports and publishes the results in the Abstract of Reports of Condition of National Banks. The Board of Governors of the Federal Reserve System tabulates the reports of State member banks and publishes the combined statistics of national and State member banks in the Member Bank Call Report. Member banks are classified according to their reserve requirements as central reserve city banks, reserve city banks, or nonreserve city ( country") banks. A member bank that has an office in a central reserve city is classified as a central reserve city bank; a member bank that has an office in a reserve city, but not in a central reserve city, is classified as a reserve city bank; a member bank that does not have an office in a reserve or central reserve city is classified as a country bank. However, some banks in outlying sections of central reserve cities have permission to maintain the reserves required of reserve city banks or country banks, and some banks in outlying sections of reserve cities have permission to maintain the reserves required of country banks. Condition reports of member banks are tabulated in accordance with the reserve classifications of the banks. Since a member bapk 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. On March 1, 1948, National City, Illinois, was classified as a reserve city and the designations of Grand Rapids, Michigan, Ogden, Utah, and Spokane, Washington, as reserve cities were terminated. 1 j 1 j ^ < \ 1 i MEMBER BANK CALL REPORT ASSETS A N D LIABILITIES OF MEMBER BANKS O N JUNE 30, 1948 COMPARED WITH APRIL 12, 1948 A N D JUNE 30, 1947 [Amounts in thousands of dollars] C h a n g e since— C o n d i t i o n on— June 30, 1948 95,895,763 33,061,636 55,363,506 4,452,284 2,738,540 279,797 94,801,522 28,655,103 f59,188,5011 t 9,863f 3,981,637 2,688,436 277,982 30,303,148 17,356,081 1,605,925 29,343,289 16,749,500 1,562,802 5,386,644 32,392 23,047 5,899,059 April 12, 1948 June 30, 1947 95,449,273 33,871,224 54,130,9801 8,416/ 4,435,849 2,723,653 279,151 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) April 12, 1948 June 30, 1947 -446,490 +809,588 -1,224,110 -16,435 -14,887 -646 +647,751 +5,216,121 1-5,057,521 I -1,447 +454,212 +35,217 +1,169 28,694,099 16,040,361 1,408,907 +959,859 +606,581 +43,123 +1,609,049 + 1,315,720 +197,018 5,342,333 32,145 19,489 5,637,020 5,489,091 31,588 34,228 5,689,924 +44,311 +247 +3,558 +262,039 -102,447 +804 -11,181 +209,135 6,931 846,506 12,679 11,829 836,586 13,056 284 798,485 12,723 -4,898 +9,920 -377 +6,647 +48,021 -44 59,850 191,642 225,541 201,905 58,705 155,961 218,579 141,002 61,294 86,439 225,637 116,180 + 1,145 +35,681 +6,962 +60,903 -1,444 +105,203 -96 +85,725 127,297,475 126,674,770 124,796,663 +622,705 +2,500,812 LIABILITIES Demand deposits Individuals, partnerships, and corporations United States Government States and political subdivisions Banks in United States. Banks in foreign countries , . . Certified and officers' checks, cash letters of credit, and travelers checks, 88,582,788 68,204,256 1,845,653 5,873,317 9,433,286 1,353,415 88,040,639 68,093,185 2,115,433 5,569,956 9,133,001 1,374,534 87,361,458 67,933,249 1,095,163 5,375,667 9,612,469 1,369,268 +542,149 +111,071 -269,780 +303,361 +300,285 -21,119 +1,221,330 +271,007 +750,490 +497,650 -179,183 -15,853 1,872,861 1,754,530 1,975,642 +118,331 -102,781 Time deposits .••••• Individuals, partnerships, and corporations. United States Government Postal savings States and political subdivisions Banks in United States. Banks in foreign countries 28,869,445 27,805,454 101,651 3,893 911,936 30,990 15,521 28,631,741 27,615,909 98,270 3,328 872,364 32,749 9,121 28,073,648 27,259,348 102,564 3,327 648,893 38,366 21,150 +237,704 + 189,545 +3,381 +565 +39,572 -1,759 +6,400 +795,797 +546,106 -913 +566 +263,043 -7,376 -5,629 117,452,233 116,672,380 115,435,106 +779,853 +2,017,127 269,015 52,833 214,368 51,839 144,876 313,648 174,656 280,726 234,747 172,431 10,694 140,536 328,854 224,066 270,208 50,010 99,109 51,031 101,529 349,235 125,580 -11,711 -181,914 +41,937 +41,145 +4,340 -15,206 -49,410 -1,193 +2,823 +115,259 +808 +43,347 -35,587 +49,076 118,673,468 118,064,434 116,481,808 +609,034 +2,191,660 2,754,141 3,885,248 1,524,489 460,129 2,751,651 3,848,392 1,512,005 498,288 2,718,994 3,701,871 1,401,865 492,125 +2,490 +36,856 + 12,484 -38,159 +35,147 + 183,377 + 122,624 -31,996 8,624,007 8,610,336 8,314,855 +13,671 +309,152 127,297,475 126,674,770 124,796,663 +622,705 +2,500,812 77,298,285 70,051,375 11,332,915 6,925 77,062,588 69,780,651 11,174,295 6,932 76,183,919 69,594,634 9,951,241 6,928 +235,697 +270,724 +158,620 +1,114,366 +456,741 +1,381,674 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. 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. . 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 Total liabilities and capital a c c o u n t s MEMORANDA Net demand deposits subject to reserve (see page 18). Demand deposits adjusted1 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 A N D LIABILITIES O N SELECTED CALL DATES, JUNE 30, 1943 TO JUNE 30, 1948 [Amounts in thousands of dollars] 1943 June 30 67,154,826 14,822,576 44,492,693 2,487,018 2,876,441 2,127,240 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) 1944 June 30 83,586,653 18,083,742 59,452,067 886,708 2,833,594 2,019,836 1945 June 30 1946 June 29 99,426,010 102,031,630 20,587,878 23,302,464 73,206,154 72,251,496 33,165 20,013 3,101,733 3,306,835 2,198,416 2,860,553 1947 June 30 1947 Dec. 31 1948 June 30 94,801,522 28,655,103 59,188,501 9,863 3,981,637 2,688,436 97,845,741 32,627,985 57,904,405 9,700 4,199,095 2,826,707 95,449,273 33,871,224 54,130,980 8,416 4,435,849 2,723,653 348,858 310,706 298,664 290,269 277,982 277,849 279,151 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 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 28,694,099 16,040,361 1,408,907 32,845,266 17,796,687 1,672,074 30,303,148 17,356,081 1,605,925 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 5,489,091 31,588 34,228 5,689,924 6,236,307 33,818 25,454 7,080,926 5,386,644 32,392 23,047 5,899,059 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 3,580 882,776 109,233 176 841,554 59,239 270 800,589 27,678 9,959 786,748 16,898 284 798,485 12,723 4,789 820,199 12,239 6,931 846,506 12,679 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 61,294 86,439 225,637 116,180 58,101 141,254 227,386 105,497 59,850 191,642 225,541 201,905 Total assets 90,821,211 108,683,534 126,435,740 131,400,309 124,79^663 132,060,472 127,297,4% 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 70,150,581 47,862,531 84,328,146 50,756,057 96,569,239 57,416,587 96,331,901 65,588,767 7,006,232 229,990 3,521,860 9,648,488 831,950 17,343,991 289,668 3,638,179 9,903,521 936,663 21,713,593 253,696 3,877,395 11,063,706 1,105,851 11,820,314 188,572 4,826,211 10,390,585 1,338,924 1,049,530 1,460,067 1,138,411 2,178,528 1,975,642 2,400,819 1,872,861 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 13,865,508 16,947,405 21,808,837 26,186,645 28,073,648 28,389,879 28,869,445 27,259,348 27,541,909 27,805,454 102,564 3,327 648,893 38,366 21,150 101,194 3,364 693,446 38,866 11,100 101,651 3,893 911,936 30,990 15,521 Total deposits )13,382,304 j 64,965 5,875 341,234 66,324 4,806 f 20,190,338 482,917 ^5,567,562 16,447,652 J 158,651 [ 422,406 99,596 97,889 97,413 4,102 3,633 3,358 332,927 392,223 446,607 51,778 44,430 46,105 11,350 16,350 25,600 87,361,458 67,933,249 94,137,848 72,703,750 88,582,788 68,204,256 910,6981 1,176,098 184,465/ 5,375,667 5,504,054 9,612,469 10,977,636 1,369,268 1,375,491 1,845,653 5,873,317 9,433,286 1,353,415 84,016,089 101,275,551 118,378,076 122,518,546 115,435,106 122,527,727 117,452,233 Due to own foreign branches Bills payable, rediscounts, and other liabilities for borrowed money Acceptance outstanding Dividends declared but not yet payable Income collected but not yet earned Expenses accrued and unpaid Other liabilities Total liabilities CAPITAL ACCOUNTS Capital... Surplus... Undivided profits Other capital accounts . Total capital accounts Total liabilities 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 demands deposits subject to reserve (see page 18). Demand deposits adjusted (see footnote on page 1 ) . . . . Pledged assets (and securities loaned) Number of banks 174,769 209,107 196,233 208,409 270,208 221,778 269,015 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 50,010 99,109 51,031 101,529 349,235 125,580 53,965 164,565 55,509 124,737 306.501 141.502 52,833 214,368 51,839 144,876 313,648 174,656 84,569,214 101,987,939 119,159,917 123,480,533 116,481,808 123,596,284 118,673,468 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 2,718,994 3,701,871 1,401,865 492,125 2,730,394 3,823,530 1,409,515 500,749 2,754 141 3,885,248 1,524,489 460,129 6,251,997 6,695,595 7,275,823 7,919,776 8,314,855 8,464,188 8,624,007 90,821,211 108,683,534 126,435,740 131 ,400,309 124,796,663 132,060,472 127,297,475 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 2,719,126 19,418 62,967 5,267 2,631,474 2,730,477 17,363 59,928 4,528 2,648,658 2,754,200 15,426 55,294 4,074 2,679,406 275,677 21,217 251,596 16,147 210,067 12,972 143,170 11,095 118,377 9,663 111,426 8,398 106,138 7,868 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 76,183,919 69,594,634 9,951,241 6,928 80,822,042 73,527,697 10,038,160 6,923 77,298,285 70,051,375 11,332,915 6,925 3 AT T MEMBER BANKS— ASSETS A N D LIABILITIES O N JUNE 30, 1948, BY CLASS OF BANK [Amounts in thousands of dollars] Central reserve city member banks1 New York ASSETS 19,018,713 Loans and investments 7,550,047 Loans (including overdrafts) •• 10,357,776 United States Government direct obligations 469 Obligations guaranteed by United States Government. . 582,706 Obligations of States and political subdivisions 433,534 Other bonds, notes, and debentures— Corporate stocks (including Federal Reserve Bank 94,181 stock) 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 Due from own foreign branches Bank premises owned and furniture and fixtures Other real estate owned Investmen s and other assets indirectly representing bank premisest or other real estate Customers' liability on acceptances Income accrued but not yet collected Other assets Chicago 4,742,194 1,714,172 2,667,204 184,890 165,770 Reserve city member banks1 35,064,984 13,372,679 19,219,805 2,541 1,445,503 935,266 All member banks 36,623,382 95,449,273 11,234,326, 33,871,224 21,886,195 54,130,980 8,416 5,406 4,435,849 2,222,750 2,723,653 1,189,083 All national member banks 63,637,990 22,243,297 36,086,065 5,251 3,204,161 1,940,945 10,158 89,190 85,622 279,151 158,271 6,798,308 4,883,008 122,347 1,726,117 1,144,426 28,032 11,729,218 6,462,250 521,405 10,049,505 4,866,397 934,141 30,303,148 17,356,081 1,605,925 20,415,307 11,298,65*7 1,104,982 43,824 2,463 12,419 1,734,247 150,779 1,566 564 400,750 1,834,794 16,713 7,870 2,886,186 3,357,247 11,650 2,194 877,876 5,386,644 32,392 23,047 5,899,059 4,144,892 23,944 13,710 3,829,122 6,113 306,325 6,983 365,581 5,342 6,931 846,506 12,679 6,113 551,579 8,533 11,793 3,215 48,514 35,615 59,850 191,642 225,541 201,905 45,337 112,505 143,207 160,474 818 158,321 354 LIABILITIES Demand deposits Individuals, partnerships, and corporations United States Government. . _ States and political subdivisions Banks in United States Banks in foreign countries # Certified and officers' checks, cash letters of credit, and travelers' checks, etc 2,920 123,822 58,017 110,889 164 4,546 15,551 4,353 44,973 60,059 103,459 51,048 26,272,162 Total assets. 6,509,204 47,373,162 47,142,947 127,297,475 85,081,045 21,670,797 16,306,338 332,645 271,524 2,829,676 1,182,594 5,087,691 3,539,045 105,032 320,162 1,054,907 32,821,363 24,197,839 728,150 2,442,206 4,751,139 140,199 29,002,937 24,161,034 679,826 2,839,425 797,564 8,942 88,582,788 68,204,256 1 ,845,653 5,873,317 9,433,286 1,353,415 59,194,368 45,131,966 1,240,635 4,434,814 6,573,079 700,256 21,680 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 un t 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 748,020 46,865 561,830 516,146 1,872,861 1,113,618 1,690,774 1,621,358 13,978 951,165 939,515 900 40,635 682 14,121 10,750 11,327,479 10,771,351 40,785 1,251 496,431 14,900,027 14,473,230 45,988 2,642 364,120 14,047 28,869,445 27,805,454 101,651 3,893 911,936 30,990 15,521 19,558,939 18,714,288 86,380 2,794 724,268 25,138 6,071 23,361,571 Time deposits Individuals, partnerships, and corporations. United States Government Postal savings States and political subdivisions Banks in United States. Banks in foreign countries 6,038,856 44,148,842 43,902,964 117,452,233 78,753,307 250,698 18,317 269,015 243,268 26,200 2,537 69,415 52,833 214,368 51,839 144,876 313,648 174,656 42,871 125,416 34,054 99,603 207,158 42,614 44,086,547 118,67.3,468 79,548,291 1,043,886 1,269,011 573,148 170,355 2,754,141 3,885,248 1,524,489 460,129 1,800,253 2,446,653 970,022 315,826 3,056,400 16,261 1,400 136,179 21,263 15,909 78,862 119,421 5,190 1,658 4,315 18,074 5,394 71,529 142,909 33,566 24,010,103 6,073,487 44,503,331 609,797 1,194,035 398,831 59,396 145,250 188,950 53,653 47,864 955,208 1,233,252 498,857 182,514 16,216 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 8,624,007 5,532,754 85,081,045 1,043,945 8,154 34,615 3,924 997,252 2,754,200 15,426 55,294 4,074 2,679,406 1,800,312 21,436 150 84,702 7,718 106,138 7,868 31,365 3,100 28,100,682 24,768,715 26,638,729 4,484,798 6,541 77,298,285 70,051,375 11,332,915 6,925 51,220,365 46,851,276 8,577,265 4,998 435,717 2,869,831 6,509,204 47,373,162 609,797 145,250 608,775 145,250 955,208 6,250 20,679 150 928,129 1,022 19,892,726 15,591,635 1,115,918 35 4,536,162 3,505,322 555,562 14 24,315,689 5,176,637 335 See Table of Contents page for basis of and changes in classification of member banks. 24,096 3,584 12,702 53,123 73,803 16,275 47,142,947 127,297,475 2,262,059 26,272,162 Retirable value of capital: First preferred stock Second preferred stock.... 1 Country member banks1 21,711 2,087 1,776,514 4 ALL MEMBER BANKS- ASSETS A N D LIABILITIES O N JUNE 30, 1948, RESERVE DISTRICTS BY FEDERAL [Amounts in thousands of dollars] Total, all districts ASSETS. Federal Reserve district Boston New York Philadelphia Cleveland Richmond Atlanta 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) 95,449,273 33,871,224 54,130,980 8,416 4,435,849 2,723,653 279,151 4,601,266 1,700,444 2,616,003 599 147,892 122,986 13,342 26,285,565 9,887,518 14,612,596 3,656 971,746 690,194 119,855 5,356,939 1,660,928 3,075,839 319 272,709 325,966 21,178 7,979,766 2,578,514 4,624,955 512 375,140 371,898 28,747 4,277,443 1,508,191 2,509,782 337 121,697 127,842 9,594 4,235,819 1,437,663 2,390,803 43 317,886 80,033 9,391 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 30,303,148 17,356,081 1,605,925 1,342,409 731,062 123,857 8,403,971 5,753,822 285,815 1,527,235 831,422 115,185 2,241,411 1,239,062 180,543 1,488,686 744,717 124,223 1,529,947 730,987 100,504 5,386,644 32,392 23,047 5,899,059 215,805 1,112 1,166 269,407 363,046 3,785 13,737 1,983,766 290,066 2,101 1,227 287,234 422,422 1,543 461 397,380 342,483 868 87 276,308 442,635 2,025 137 253,659 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 ^ 6,931 846,506 12,679 6,113 52,041 457 818 247,632 1,616 60,424 1,018 83,744 229 47,933 1,%% 49,454 1,263 59,850 191,642 225,541 201 ,905 1,676 27,182 10,206 6,183 6,359 124,132 75,970 120,351 4,780 4,074 9,833 12,014 3,239 972 15,866 6,017 2,623 551 6,352 8,402 1,264 4,068 10,061 5,858 127,297,475 6,047,533 35,266,414 6,976,317 10,331,244 5,833,253 5,837,734 Demand deposits Individuals, partnerships, and corporations United States Government. States and political subdivisions Banks in United States. Banks in foreign countries Certified and officers' checks, cash letters of credit, and travelers' checks, etc 88,582,788 68,204,256 1,845,653 5,873,317 9,433,286 1,353,415 4,179,469 3,438,569 96,206 206,524 327,948 22,253 26,287,210 20,005,147 460,526 837,714 2,925,245 1,186,466 4,368,666 3,579,141 124,154 214,890 371,960 12,483 6,323,949 5,216,243 173,595 364,392 464,387 4,403 4,130,161 3,221,036 94,634 356,964 381,558 4,451 4,361,887 3,132,526 69,560 573,261 539,714 9,607 1,872,861 87,969 872,112 66,038 100,929 71,518 37,219 Time deposits Individuals, partnerships, and corporations. United States Government Postal savings States and political subdivisions Banks in United States Banks in foreign countries e 28,869,445 27,805,454 101,651 3,893 911,936 30,990 15,521 1,288,183 1,279,390 5,991 259 2,443 100 5,372,755 5,258,228 23,369 15 73,754 3,268 14,121 1,955,273 1,867,775 1,463 229 85,608 198 3,158,394 3,006,603 1,861 522 145,481 3,927 1,299,852 1,261,727 14,875 244 21,546 . 1,460 1,113,005 1,068,613 8,919 239 29,275 5,959 117,452,233 5,467,652 31,659,965 6,323,939 9,482,343 5,430,013 5,474,892 Total assets. LIABILITIES 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 269,015 250,698 52,833 214,368 51,839 144,876 313,648 174,656 5,025 28,593 4,371 9,273 18,464 10,978 32,637 136,489 23,722 33,643 97,104 125,809 3,152 5,442 3,507 7,274 14,685 2,551 1,121 972 3,189 10,643 28,296 4,010 3,882 551 1,932 6,120 12,019 7,122 1,781 4,865 2,529 8,321 12,623 895 118,673,468 5,544,356 32,360,067 6,360,550 9,530,574 5,461,639 5,505,906 2,754,141 3,885,248 1,524,489 460,129 158,051 219,323 85,809 39,994 844,699 1,459,063 506,325 96,260 183,895 303,113 103,848 24,911 275,784 359,638 117,059 48,189 117,120 167,112 64,797 22,585 112,665 147,191 52,915 19,057 8,624,007 503,177 2,906,347 615,767 800,670 371,614 331,828 127,297,475 6,047,533 35,266,414 6,976,317 10,331,244 5,833,253 5,837,734 2,754,200 15,426 55,294 4,074 2,679,406 158,051 844,758 8,421 22,841 1,955 811,541 183,895 275,784 4,298 7,000 117,120 112,665 459 583 157,009 757 1,200 264,486 116,024 111,465 Retirable value of capital: First preferred stock Second preferred stock. . . . 106,138 7,868 670 1,333 65,818 4,399 10,550 1,498 7,000 882 15 1,254 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 77,298,285 70,051,375 11,332,915 6,925 3,694,283 3,463,655 299,067 337 23,940,398 19,731,207 1,828,000 788 3,791,366 3,572,835 700,953 646 5,504,147 5,284,184 1,075,798 710 3,511,370 3,373,210 719,522 478 3,665,593 3,489,347 933,560 345 Total liabilities and capital accounts. MEMORANDA Par or face value of capital Capital notes and debentures First preferred stock Second preferred stock Common stock 4,265 898 178,732 5 ALL MEMBER BANKS—ASSETS A N D LIABILITIES O N JUNE 30, 1948, BY FEDERAL RESERVE DISTRICTS [Amounts in thousands of dollars] Federal Reserve district Chicago 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) St. Louis Minneapolis Kansas City Dallas 4,164,161 1,325,082 2,470,529 4,097,388 1,640,494 2,162.470 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 States and political subdivisions Banks in United States Banks in foreign countries ; Certified and officers' checks, cash letters of credit, and travelers checks, etc 3,585,963 1,372,844 1,886,472 171 198,131 118,339 10,006 2,679,447 812,538 1,670,712 105,820 85,884 4,407 251,536 109,827 7,075 235,476 50,399 8,421 4,587,834 2,637,063 251,193 1,188,096 602,689 65,944 859,561 428,036 40,586 1,773,603 799,756 67,052 1,895,574 806,594 82,869 919,739 2,697 1,263 775,879 289,140 141 48 230,134 242,446 1,279 497 146,717 628,960 5,661 143 272,031 747,831 4,482 922 252,876 79,054 910 26,000 2,108 13,858 598 24,304 374 48,364 2,475 5.108 5,372 34,252 15,135 141 1,641 5,310 4,710 4,168 277 6,931 1,507 1,511 474 6,101 4,450 3,704 19,596,321 Reserves, cash, a n d b a n k b a l a n c e s Reserve with Federal Reserve Banks Cash in vault :••••• Demand balances with banks in United States (except private banks and American branches of foreign banks) Other balances with banks in United States Balances with banks in foreign countries Cash items in process of collection 14,868,656 4.355.172 9,270,583 1,378 741,897 474,081 25,545 4,813,969 3,566,347 5,974,978 6,056,451 12,915,825 9,775,446 367,273 1,017,025 1,545,276 26,897 3,549,544 2,592,780 69,948 253,872 581,921 2,048 2,427,306 1,717,629 52,798 291,857 330,692 2,292 4,964,273 3,515,943 80,427 481,767 827,695 665 5,122,015 3,911,126 61,298 420,598 664,736 5,818 86 112 128 2,060 3,675 3,211 183,908 48,975 32,038 57,776 58,439 5,497,775 5,331,084 948,975 908,517 667,900 651,813 4,866 205 6,541 4,475 582,916 497,714 7,392 380 74,162 3,268 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 T o t a l lia b ilit ie s . CAPITAL ACCOUNTS 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 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 934 151,164 1,993 244 37,825 277 925,948 917,211 1,009 190 5,032 2,506 18,413,600 Time deposits Individuals, partnerships, and corporations United States Government Postal savings ,• v.' . States and political subdivisions Banks in United States Banks in foreign countries 4,498,519 3,353,254 5,632,173 5,704,931 3,903 21,596 39,930 8,483 210 6,028 2,175 1,651 1,956 5,788 8,422 2,175 150 277 565 6,230 8,650 458 2,400 474 1,413 3,468 8,152 663 300 2,107 1,730 1,915 11,298 18,493,750 4,520,686 3,369,584 5,648,743 5,722,497 361,540 457,540 179,822 103,669 104,338 114,472 62,512 11,961 63,539 82,982 34,460 15,782 107,439 121,225 78,022 19,549 124,896 132,630 59,973 16,455 12,600 2,112 216 1,102,571 293,283 196,763 326,235 333,954 19,596,321 4,813,969 3,566,347 5,974,978 6,056,451 361,540 1,523 6,692 300 353,025 104,338 735 809 240 102,554 63,539 40 107,439 1,228 226 62,211 23 107,190 124,896 70 569 6,722 300 809 240 1,228 226 1,004 11,220,753 10,200,500 1,340,129 1,003 3,030,270 2,665,493 395,077 494 2,038,143 1,894,807 489,173 476 4,063,293 3,783,455 765,741 759 4,121,308 4,137,287 712,582 616 60 60 23 124,257 6 ALL MEMBER BANKS—CLASSIFICATION OF LOANS AND UNITED STATES GOVERNMENT DIRECT OBLIGATIONS [In thousands of dollars] All member banks on selected call dates 1943 June 30 1944 June 30 1945 June 30 1946 June 29 1947 June 30 1947 Dec. 31 1948 June 30 14,822,576 Loans—net Reserves Loans—gross 1 Commercial and industrial loans, including open6,554,116 market paper2 Loans to farmers directly guaranteed by theCommodity Credit Corporation2 2 269,798 Other loans to farmers 584,081 Loans to brokers and dealers in securities 1,119,938 Other loans for purchasing or carrying securities 602,974 Real-estate loans: On farm land 260,427 On residential property 2,435,463 On other properties 655,095 Other loans to individuals: Retail automobile instalment paper 131,222 Other retail instalment paper j 190,328 Repair and modernization instalment loans Instalment cash loans 231,458 Single-payment loans 987,172 30,866 Loans to banks All other loans (including overdrafts) 769,638 18,083,742 20,587,878 23,302,464 28,655,103 32,627,985 33,871,224 296,438 34,167,662 7,022,990 7,095,443 9,685,416 13,819,662 16,962,393 16,733,811 424,693 597,864 2,200,119 2,129,738 257,730 2,373,117 576,624 481,031 644,313 3,089,270 3,407,101 262,044 2,414,885 571,534 81,222 796,179 2,395,464 2,480,167 339,937 3,085,189 841,940 11,872 960,573 1,506,695 1,153,632 429,968 4,619,673 1,190,294 43,548 1,002,663 810,737 1,064,666 447,431 5,380,658 1,302,410 15,316 1,225,463 1,171,482 956,267 479,551 5,882,780 1,414,249 121,894 141,377 220,404 983,785 60,787 972,620 136,225 174,145 251,688 1,126,041 55,147 879,011 264,056 338,76l| 392,433 1,468,950 54,977 1,077,773 600.297 368.298 345,316 636,610 2,047,419 99,637 865,157 756,608 479,516 479,017 711,897 2,234,633 113,026 838,782 993,911 598,303 559,719 787,116 2,309,726 159,261 880,707 United States Government direct obligations .. Treasury bills Treasury certificates of indebtedness Treasury notes Nonmarketable bonds3 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 59,452,067 4,465,940 14,228,404 10,639,918 373,598 5,095,756 17,813,415 5,357,846 1,477,190 73,206,154 2,632,874 15,583,929 14,723,058 677,215 6,380,452 26,637,954 4,544,660 2,026,012 59,188,501 773,086 7,544,066 4,368,940 709,330 12,424,149 24,610,897 6,309,017 2,449,016 57,904,405 1,987,334 5,816,421 4,814,950 1,101,937 15,727,684 19,674,381 6,673,306 2,108,392 54,130,980 2,188,224 7,597,146 4,103,753 1,086,599 11,319,207 19,906,607 5,984,322 1,945,122 44,492,693 6,278,379 9,417,977 5,251,448 161,018 5,039,400 9,933,996 7,155,982 1,254,493 72,251,496 1,072,332 15,292,036 10,467,220 729,464 8,598,041 28,745,752 5,027,229 2,319,422 By class of bank June 30, 1948 Central reserve city member banks4 New York Loans—net Reserves Loans—gross , , Commercial and industrial loans, including openmarket 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 Other loans to individuals: Retail automobile instalment paper Other retail instalment paper Repair and modernization instalment loans Instalment cash loans Single-payment loans Loans to banks All other loans (including overdrafts) — United States Government direct obligations.. Treasury bills Treasury certificates of indebtedness Treasury notes Nonmarketable bonds Other bonds maturing in 5 years or less Other bonds maturing in 5 to 10 years Other bonds maturing in 10 to 20 years Bonds maturing after 20 years Chicago Reserve city member banks4 7,550,047 86,941 7,636,988 1,714,172 14,976 1,729,148 13,372,679 124,883 13,497,562 11,234,326 69,638 11,303,964 33,871,224 296,438 34,167,662 22,243,297 197,818 22,441,115 11,627,927 98,620 11,726,547 5,275,024 1,357,383 6,822,502 3,278,902 16,733,811 10,944,254 5,789,557 105,663 54,884 1,708 61,137 74,573 778 29,922 15,805 2,703 257,600 125,905 427,713 79,752 2,706,864 546,779 12,613 965,958 21,591 203,881 398,995 3,040,331 796,781 15,316 1,225,463 1,171 ,482 956,267 479,551 5,882,780 1,414,249 12,423 968,416 522,756 557,705 342,161 3,987,684 919,972 2,893 257,047 648,726 398,562 137,390 1,895,096 494,277 29,753 89,142 52,943 84,844 359,466 137,981 234,116 34.196 37,822 17,399 7,185 59,455 103 31,682 438,103 274,025 275,354 282,294 888,620 17,319 352,029 491,859 197,314 214,023 412,793 1,002,185 3,858 262,880 993,911 598,303 559,719 787,116 2 ,309,726 159,261 880,707 704,012 453,131 408,077 564,723 1,400,836 41,022 613,943 289,899 145,172 151,642 222,393 908,890 118,239 266,764 10,357,776 692,501 982,722 520,353 21,672 1,901,084 4,903,674 1,206,372 129,398 2,667,204 160,450 249,551 214,216 14.197 488,833 878,428 612,921 48,608 19,219,805 783,067 3,243,733 1,501,254 202,741 3,820,342 6,919,113 2,210,897 538,658 21,886,195 552,206 3,121,140 1,867,930 847,989 5,108,948 7,205,392 1,954,132 1,228,458 54,130,980 2,188,224 7,597,146 4,103,753 1 ,086,599 11,319,207 19,906,607 5,984,322 1,945,122 36,086,065 1,368,370 5,231,500 3,003,282 805,566 7,633,415 12,949,334 3,738,197 1,356,401 18,044,915 819,854 2,365,646 1,100,471 281,033 3,685,792 6,957,273 2,246,125 588,721 197 962,849 250,100 26 Country member banks4 All member banks All national member banks All State member banks 1 Beginning June 30, 1948, figures for various loan items are shown gross (i.e., before deduction of valuation reserves), and are not entirely comparable with prior figures. 2 During the period December 31, 1943-June 30, 1945 the item corresponding to the present item "Loans to farmers directly guaranteed by the Commodity Credit Corporation" included loans to dealers, processors, and farmers' cooperatives covered by purchase agreements with the Commodity Credit Corporation, which are now classified as commercial and industrial loans, and loans to farmers with similar indirect guarantees which are now classified 3 other loans to farmers; consequently, December 31, 1945 and subsequent figures may not be entirely comparable with prior figures. as Prior to December 31, 1947, this item included United States savings bonds only; depositary bonds were included with other United States bonds according to maturity. 4 See Table of Contents page for basis of and changes in classification of member banks. 1 7 ALL MEMBER BANKS—CLASSIFICATION OF LOANS AND UNITED STATES GOVERNMENT DIRECT OBLIGATIONS I In thousands of dollars] By Federal Reserve districts, June 30, 1948 Total, all districts New York Boston Philadelphia Cleveland Richmond Atlanta Loans—net Reserves Loans—gross • Commercial and industrial loans, including openmarket paper • ; • Loans to farmers directly guaranteed by the Commodity Credit Corporation Other loans to farmers Loans to brokers and dealers in securities Other loans for purchasing or carrying securities Real-estate loans: On farm land On residential property On other properties Other loans to individuals: Retail automobile instalment paper Other retail instalment paper Repair and modernization instalment loans Instalment cash loans Single-payment loans Loans to banks All other loans (including overdrafts) 33,871,224 296,438 34,167,662 1,700,444 19,706 1,720,150 9,887,518 111,711 9,999,229 1,660,928 9,994 1,670,922 2,578,514 18,458 2,596,972 1,508,191 8,291 1,516,482 1,437,663 10,358 1,448,021 16,733,811 925,638 6,034,609 710,018 1,100,764 551,271 679,502 15,316 1,225,463 1,171,482 956,267 479,551 5,882,780 1,414,249 129 17,174 26,495 42,060 10,703 212,947 108,987 11 50,460 972,992 304,800 28,587 838,302 213,537 29.221 21,167 26,305 29,993 337,085 98,703 5 48,132 29,717 105,264 66,789 594,554 141,663 185 43,610 1,489 55,572 9,826 84,642 23,918 135,557 67,858 993,911 598,303 559,719 787,116 2,309,726 159,261 880,707 43,092 29,155 27,779 48,041 173,101 2,928 51,921 109,424 143,366 132,115 183,639 553,027 138,362 295,998 45,366 36,399 32,778 60,534 195,395 1,733 46,217 75,769 36,492 43,805 88,406 209,231 567 55,814 18,078 49,249 195,740 3,230 48,772 59,178 25,830 23,396 47,533 178,991 4,960 49,769 United States Government direct obligations Treasury bills Treasury certificates of indebtedness Treasury notes Nonmarketable bonds Other bonds maturing in 5 years or less Other bonds maturing in 5 to 10 years Other bonds maturing in 10 to 20 years f Bonds maturing after 20 years 54,130,980 2,188,224 7,597,146 4,103,753 1,086,599 11,319,207 19,906,607 5,984,322 1,945,122 2,616,003 123,630 339,474 186,941 59,983 454,883 871,804 485,559 93,729 14,612,596 787,529 1,328,369 739,259 134,776 2,731,768 6,555,801 1,804,055 531,039 3,075,839 139,193 306,180 182,558 98.222 548,531 1,049,592 511,680 239,883 4,624,955 138,320 483,690 272,676 104,705 1,087,919 1,744,188 611,047 182,410 2,509,782 73,101 367,124 149,446 88,971 539,744 995,076 199,207 97,113 2,390,803 42,904 527,092 236,722 51,318 504,956 726,028 148,689 153,094 8,200 58,175 40,127 316,561 113,910 53,374 16,000 By Federal Reserve districts, June 30, 1948—Continued St. Louis Minneapolis Kansas City Loans—net Reserves Loans—gross Commercial and industrial loans, including open-market paper . Loans to farmers directly guaranteed by the Commodity Credit Corporation Other loans to farmers Loans to brokers and dealers in securities Other loans for purchasing or carrying securities Real-estate loans: On farm land On residential property On other properties Other loans to individuals: Retail automobile instalment paper Other retail instalment paper Repair and modernization instalment loans Instalment cash loans Single-payment loans Loans to banks All other loans (including overdrafts) 4,355,172 30,483 4,385,655 2,234,650 1,372,844 8,975 1,381,819 623,506 812,538 5,340 817,878 326,937 1,325,082 5,597 1,330,679 574,132 1,640,494 8,605 1,649,099 875,746 5,591,836 58,920 5,650,756 2,097,038 304 132,395 65,952 118,227 74,286 833,984 177,448 279 79,074 7,711 37,976 33,400 224,221 65,173 123 85,575 2,804 20,941 19,110 146,643 34,233 5,880 252,271 3,489 22,135 33,213 144,976 56,049 5,193 169,996 7,049 68,748 24,866 102,577 58,853 1,710 261,983 16,080 66,994 94,559 1,995,373 277,835 149,429 88,063 90,164 71,061 256,497 494 92,701 51,260 29,440 21,636 29,158 144,824 2,633 31,528 34,524 29,007 35,564 16,874 35,292 94 30,157 49,476 22,603 14,317 25,550 98,994 406 27,188 71,739 26,566 15,256 42,984 123,566 615 55,345 251,280 115,382 104,831 124,087 145,068 3,239 95,297 United States Government direct obligations Treasury bills Treasury certificates of indebtedness Treasury notes Nonmarketable bonds Other bonds maturing in 5 years or less Other bonds maturing in 5 to 10 years Other bonds maturing in 10 to 20 years Bonds maturing after 20 years 9,270,583 347,878 1,180,549 820,190 213,937 2,042,713 3,229,391 1,187,729 248,196 1,886,472 56,532 314,330 196,129 57,160 427,373 668,166 117,376 49,406 1,670,712 46,159 278,014 162,451 78,590 418,943 534,572 108,898 43,085 2,470,529 159,504 608,078 288,492 64,956 560,030 585,005 147,896 56,568 2,162,470 91,944 507,004 241,524 33,116 578,798 555,188 84,531 70,365 6,840,236 181,530 1,357,242 627,365 100,865 1,423,549 2,391,796 577,655 180,234 Dallas San Francisco Chicago 8 RESERVE CITY BANKS1—CLASSIFICATION OF LOANS AND UNITED STATES GOVERNMENT DIRECT OBLIGATIONS [In thousands of dollars] Total, all reserve city banks By Federal Reserve districts, June 30, 1948 Boston New York Philadelphia 3 Cleveland Richmond 2 Loans—net Reserves Loans—gross ^ Commercial and industrial loans, including open-market paper Loans to farmers directly guaranteed by the Commodity Credit Corporation Other loans to farmers Loans to brokers and dealers in securities Other loans for purchasing or carrying securities Real-estate loans: On farm land On residential property On other properties Other loans to individuals: Retail automobile instalment paper Other retail instalment paper Repair and modernization instalment loans Instalment cash loans Single-payment loans Loans to banks All other loans (including overdrafts) 13,372,679 124,883 13,497,562 773,747 12,350 786,097 286,659 6,095 292,754 700,515 5,342 705,857 1,514,632 12,032 1,526,664 628,898 3,778 632,676 6,822,502 552,506 157,415 437,920 869,813 287,535 2,703 257,600 125,905 427,713 79,752 2,706,864 546,779 25,504 21,784 805 423 12,698 629 55,442 18,448 20,096 6,780 125 19,609 11,307 306 29,451 82,643 2,446 212,561 59,167 5,634 37,076 2,146 96,581 47,509 438,103 274,025 275,354 282,294 888,620 17,319 352,029 9,482 15,879 12,403 6,444 60/315 2,090 20,806 4,439 16, 698 23,640 16,635 17,729 113,906 1,625 19,787 24,647 19,553 26,732 46,475 114,591 278 38,001 22,462 4,883 11,224 16,159 71,210 2,693 26,936 United States Government direct obligations Treasury bills Treasury certificates of indebtedness Treasury notes Nonmarketable bonds Other bonds maturing in 5 years or less Other bonds maturing in 5 to 10 years. Other bonds maturing in 10 to 20 years Bonds maturing after 20 years 19,219,805 783,067 3,243,733 1,501,254 202,741 3,820,342 6,919,113 2,210,897 538,658 840,431 76,069 153,686 84,566 5,664 74,197 196,043 244,738 5,468 384,677 5,255 29,948 18,546 3,056 62,869 993,453 85,081 113,708 32,905 2,459 154,602 340,417 216,787 47,494 2,546,364 84,252 246,134 1,200,458 50,786 24,386 34,498 6,714 8,347 3,614 4,358 19,422 162,060 75,756 27,187 106,160 15,176 556,891 1,036,560 440,389 60,802 628 160,161 51,329 20,618 254,151 526,367 105,121 31,925 By Federal Reserve districts, June 30, 1948—Continued Chicago3 St. Louis 3 Minneapolis Kansas City Loans—net Reserves Loans—gross Commercial and industrial loans, including open-market paper Loans to farmers directly guaranteed by the Commodity Credit Corporation Other loans to farmers. Loans to brokers and dealers in securities Other loans for purchasing or carrying securities Real-estate loans: On farm land On residential property On other properties Other loans to individuals: Retail automobile instalment paper Other retail instalment paper Repair and modernization instalment loans Instalment cash loans Single-payment loans Loans to banks All other loans (including overdrafts) 1,173,050 8,292 1,181,342 540,534 803,581 6,091 809,672 478,593 5 3,058 3,954 25,005 3,077 300,105 48,324 222 11,008 40,337 23,009 88,105 150 36,682 27,212 19,979 14,825 13,933 81,598 2,533 20,459 United States Government direct obligations Treasury bills Treasury certificates of indebtedness Treasury notes Nonmarketable bonds Other bonds maturing in 5 years or less Other bonds maturing in 5 to 10 years Other bonds maturing in 10 to 20 years Bonds maturing after 20 years 3,193,044 106,567 443,655 283,692 45,217 669,121 1,201,990 369,308 73,494 810,724 37,467 132,551 69,841 9,769 149,748 357,948 50,071 3,329 1 2 40,715 28,282 7,414 26,487 1,977 74,226 29,206 Dallas 355,985 2,644 358,629 209,670 771,208 3,128 774,336 439,637 963,662 5,939 969,601 638,123 2 167 64,518 3,286 18,184 165 12,794 5,729 59,964 3,565 36,804 36,822 2,485 2,770 13,921 349 31,716 6,414 9,572 17,638 6,120 73,458 31,725 20,510 12,852 10,767 12,781 20,810 310 19,000 24,356 15,048 9,846 18,572 69,943 249 37,621 489,315 23,652 80,697 44,831 3,707 110,130 155,480 48,721 22,097 ,277,626 104,074 292,036 106,755 12,973 291,755 341,553 103,350 25,130 963,007 29,671 173,610 85,778 7,562 256,863 322,111 39,184 48,228 28,106 5,236 9,940 61,021 See Table of Contents page for basis of and changes in classification of member banks. See note 3, page 11. Data for these districts are not entirely comparable with prior dates due to the redesignation of reserve cities and the reserve reclassification of a number of banks. 3 9 1 COUNTRY BANKS —CLASSIFICATION OF LOANS AND UNITED STATES GOVERNMENT DIRECT OBLIGATIONS [In thousands of dollars] Total, all country banks By Federal Reserve districts, June 30, 1948 New York Boston Philadelphia3 Cleveland Atlanta2 Richmond2 11,234,326 Loans—net 69,638 Reserves 11,303,964 Loans—gross .• • • • • • , ;• Commercial and industrial loans, including open-market 3,278,902 LoanTto farmers directly guaranteed by the Commodity 12,613 Credit Corporation 965,958 Other loans to farmers , • 21,591 Loans to brokers and dealers in securities 203,881 Other loans for purchasing or carrying securities 398,995 Real-estate loans: On farm land 3,040,331 On residential property 796,781 On other properties Other loans to individuals: 491,859 Retail automobile instalment paper 197,314 Other retail instalment paper 214,023 Repair and modernization instalment loans 412,793 Instalment cash loans 1,002,185 Single-payment loans 3,858 Loans to banks 262,880 All other loans (including overdrafts) 926,697 7,356 934,053 2,050,812 18,675 2,069,487 960,413 4,652 965,065 1,063,882 6,426 1,070,308 879,293 4,513 883,806 742,981 4,215 747,196 373,132 602,170 272,098 230,951 263,736 299,855 129 17,174 991 20,276 10,703 188,561 74,489 11 49,458 9,720 42,002 27,932 677,197 140,205 8 29,221 1,071 19,525 29,868 317,476 87,396 5 47,826 266 22,621 64,343 381,993 82,496 185 42,982 2,566 21,099 37,981 219,980 66,401 833 50,650 3,449 22,945 21,869 105,819 43,109 33,610 13,276 15,376 41,597 112,786 838 31,115 72,957 45,877 75,558 94,437 174,139 381 57,443 28,668 12,759 16,143 42,805 81,489 108 26,430 51,122 16,939 17,073 41,931 94,640 289 17,813 30,912 11,117 6,854 33,090 124,530 537 21,836 33,396 12,738 10,746 29,188 93,256 808 18,535 21,886,195 552,206 3,121,140 1,867,930 847,989 5,108,948 7,205,392 1,954,132 1,228,458 1,775,572 47,561 185,788 102,375 54,319 380,686 675,761 240,821 88,261 3,870,143 89,773 315,699 200,360 110,048 767,815 1,490,067 521,927 374,454 2,082,386 54,112 192,472 149,653 95,763 393,929 709,175 294,893 192,389 2,078,591 54,068 237,556 166,516 89,529 531,028 707,628 170,658 121,608 1,309,324 22,315 206,963 98,117 68,353 285,593 468,709 94,086 65,188 1,431,661 24,817 304,526 133,912 41,710 330,601 427,350 80,166 88,579 United States Government direct obligations Treasury bills Treasury certificates of indebtedness Treasury notes Nonmarketable bonds Other bonds maturing in 5 years or less Other bonds maturing in 5 to 10 years Other bonds maturing in 10 to 20 years Bonds maturing after 20 years By Federal Reserve districts, June 30, 1948—Continued Chicago3 Loans—net Reserves Loans—gross •• Commercial and industrial loans, including open-market paper...... Loans to farmers directly guaranteed by the Commodity Credit Corporation Other loans to farmers ; Loans to brokers and dealers in securities. Other loans for purchasing or carrying securities Real-estate loans: On farm land On residential property On other properties Other loans to individuals: Retail automobile instalment paper Other retail instalment paper Repair and modernization instalment loans Instalment cash loans Single-payment loans Loans to banks All other loans (including overdrafts) United States Government direct obligations. Treasury bills Treasury certificates of indebtedness Treasury notes Nonmarketable bonds. Other bonds maturing in 5 years or less Other bonds maturing in 5 to 10 years Other bonds maturing in 10 to 20 years Bonds maturing after 20 years St. Louis3 Minneapolis 'Kansas City ' San Francisco2 3 1,467,950 7,215 1,475,165 336,733 569,263 2,884 572,147 144,913 456,553 2,696 459,249 117,267 553,874 2,469 556,343 134,495 676,832 2,666 679,498 237,623 885,776 5,871 891,647 265,929 299 127,629 861 18,649 70,431 503,957 113,319 57 68,066 297 11,489 31,423 149,995 35,967 121 83,090 34 7,020 18,761 114,927 27,819 5,713 187,753 203 3,951 27,093 71,518 24,324 5,028 157,202 1,320 8,784 21,301 65,773 22,031 224 104,907 813 5,520 37,290 243,135 79,225 74,518 21,959 32,428 40,867 108,937 241 24,337 24,048 9,461 6,811 15.225 63.226 100 11,069 24,952 11,369 7,458 11,638 25,352 94 9,347 28,966 9,751 3,550 12,769 37,973 96 8,188 47,383 11,518 5,410 24,412 53,623 366 17,724 41,327 20,550 16,616 24,834 32,234 1,199,463 62,273 333,394 155,746 25,554 321,935 233,077 45,347 22,137 1,278,672 19,424 162,261 113,324 33,933 357.889 411.890 128,706 51,245 3,410,335 80,861 487,343 322,282 154,523 884,759 1,148,973 205,500 126,094 1,075,748 19,065 181,779 126,288 47,391 277,625 310,218 67,305 46,077 1 See Table of Contents page for basis of and changes in classification of member banks. See note 3, page 11. See note 3, opposite page. 2 3 Dallas 1,181,397 22,507 197,317 117,620 74,883 308,813 379,092 60,177 20,988 1,192,903 55,430 316,042 181,737 51,983 268,275 243,452 44,546 31,438 19,043 IO ALL MEMBER BANKS—ASSETS AND LIABILITIES ON JUNE 30,1948, OF BANKS IN EACH CENTRAL ASSETS [In thousands of dollars] Loans and investments Federal Reserve district numbers, Number of and reserve cities banks All member b a n k s . . Total Loans (including overdrafts) U. S. Govt, direct obligations 6,925 95,449,273 33,871,224 54,130,980 Reserves, cash, ObligaObligaCorporate Other tions tions of stocks guaran- States and bonds, (including teed by political notes, and F. R. debenU. S. Gov- subdiviBank tures ernment stock) Total Reserve with Federal Reserve Banks 8,416 4,435,849 2,723,653 279,151 30,303,148 17,356,081 1,605,925 Reserve b a n k cities 1 1. Boston 2. New York2 3. Philadelphia 4. Cleveland 5. Richmond 6. Atlanta 3 7. Chicago2 8. St. Louis 9. Minneapolis 10. Kansas City. 11. Dallas 12. San Francisco 172 40,519 11 1,685 40 19,158 13 1,918 4 1,563, 6 273 4 578 58 5,917 7 914, 563, 4 10 657, 641, 6,647, 21 ,243,702 840,431 ,428,319 993,453 961,021 157,416 265,035 ,507,738 403,361 288,172 334,499 193,915 ,870,342 1,278 1,483,495 1,014,606 48,019 18,121 589,552 435,016 107,108 107,997 21,831 52,210 7,817 9,477, 26,885 14,999 230,742 200,862 21,475 29,338 16,878 23,146 39,815 20,372 15,390 4,600 357,983 98,468 143,977 13,851,564 9,031,757 4,981 567,531 363,868 94,649 6,833,901 4,906,546 9,663 728,320 410,761 2,597 448,671 256,088 585 115,537 56,578 1,175 259,819 122,404 11,508 2,042,537 1,318,927 4,485 330,730 174,672 1,057 243,252 120,203 1,141 349,194 151,325 1,738 333,652 140,369 10,398 1,598,420 1 , 0 1 0 , 0 1 6 Reserve b r a n c h cities 1 . 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 3 12. Seattle 131 14,032,291 4,720,599 8,318,136 566,454 5 226,528 314,134 10 653,434 264,379 339,958 1,615,585 580,450 854,116 9 557,803 139,468 399,159 4 362,498 159,579 184,968 3 231,971 78,918 127,733 3 212,605 83,078 109,781 259,737 4 118,210 108,682 6 526,973 144,432 347,911 6 1,965,591 524,549 1,315,455 4 101,743 30,379 58,800 6 320,086 139,668 161,845 3 334,447 152,259 153,171 37,175 2 9,116 27,081 7 401.112 125,819 252,176 5 230,459 81,922: 125,480 6 262,955 86,096 141,776 3 96,935 47,586 46,506 11 679,048 273,152 369,882 6 259,491 58,875 188,300 6 2,340,418 653,902 1,621,273 3 828,814 279,494 457,321 6 267,788 103,206 153,015 5 919,169 359,534 459,613 1,057 11 O t h e r reserve cities 1 4. Columbus 4. Toledo 5. Washington 7. Cedar Rapids 7. Des Moines 7. Dubuque 7. Indianapolis 7. Milwaukee 7. Peoria 7. Sioux City 8. National City 9. St. Paul 10. Kansas City, Kansas. 10. Lincoln 10. Pueblo 10. St. Joseph 10. Topeka 10. Tulsa 10. Wichita 11. Forth Worth 11. Galveston 11. Waco 81 Country 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 1 2 3 4 14 1 3 2 5 6 3 4 1 3 2 3 1 4 4 4 4 3 4 3 16 ,632 773, 610, 700, 525, 98 270, 966, 455, 234, 261, 426, 309, 4,274,495 1,284,252 2,682 321,446 90,767 183, 272,026 53,463 207, 731,630 231,831 458, 59,145 11,500 26, 193,963 61,809 115, 33,055 5,027 26, 462,774 101,997 327, 641,757 168,654 430, 101,256 27,699 67, 65,921 19,487 61,039 25,723 300,418 112,802 42,271 21,863 17, 85,300 23,237 20,861 1,736 53,377 13,704 36, 55,411 20,309 273.113 87,568 i3: 153,467 47,164 240,280 121,231 59,408 14,037 39 46,583 22,644 22 6,541 36,623,382 326 2,915,967 743 6,560,928 633 3,438,203 681 3,554,049 445 2,352,197 325 2,426,395 915 5,427,838 473 1,854,405 467 1,778,534 709 1,928,20% 578 2,073,860 246 2,312,797 1 469 9 3 759 ,886,195 ,775,572 ,870,143 ,082,386 ,078,591 ,309,324 ,431,661 ,410,335 ,075,748 ,181,397 ,192,903 ,199,463 ,278,672 375,607 13,552 18,823 122,500 11,561 10,734 • 6,476 6,148 10,237 4,526 73,087 4,507 9,589 3,916, 564 11,360 3,285 13,306 42 8,874 5,020 11,530 8,371 2,786 14,813 41,747 3,105 1,647 15,346 1,500 727 429 531 1,839 819 3,217 171 843 703 51 154,459 25,311 6,487 4,003 20,515 10,783 976 19,950 18,471 3.699 953 603 4,866 1,630 1,731 587 1.700 5,292 9,049 3,218 10,426 2,523 144,357 21,419 3,739 35,232 711 6,084 284 12,568 22,389 1,927 2,090 1,046 8,013 1,337 1,321 580 1,667 1,348 2,478 11,441 5,682 2,996 5 7,805 552 459 1,649 578 71 3 193 675 6 258 393 8: ,234,326 926,697 050,812 960,413 063,882 879,293 742,981 467,950 569,263 456,553 553,874 676,832 885,776 575,145 9,124 28,426 43,173 6,115 6,490 18,415 13,067 20,769 29.285 48,705 7, 8,141 24,398 363 11,137 19.286 21,332 2,634 25,730 6,907 49,047 82,549 8,148 84,018 201 1,686 5,406 599 3,176 319 311 337 43 137 139 86 85 125 49 2,222,750 1,189,083 99,873 104,865 373,070 241,626 165,601 217,969 249,912 153,207 97,272 60,838 209,465 37,647 387,103 154,079 135,628 69,943 83,713 54,161 136,759 41,332 170,180 23,480 114,174 30,236 See Table of Contents page for basis of and changes in classification of member banks. Includes both central reserve city and reserve city banks. For other footnote, see opposite page. 620 486 445 167 1,410 389 4,595 1,076 440 1,191 120 285 36 830 994 216 105 120 675 71 169 62 86 99 406 234 464 103 70 4,719,050 2,602,209 160,223 88,044 219,551 111,788 473,893 300,395 216,748 116.478 151,289 76,324 90,543 62,693 103,205 43,417 98,376 48,247 189,428 105,516 563,274 329,675 43,275 20,184 129,640 67,717 119,045 66,601 14,371 8,441 153,581 81,437 127,383 47.021 121,977 56,769 41,598 20,826 328,137 159,584 101,088 50,934 621,979 370,408 246,994 143,872 83,132 49,070 320,320 176,768 1,683,029 130,907 93,078 256,457 22,508 80,932 8,752 199,680 201,054 34,037 33,945 32,156 116,988 16,003 33,315 18,410 24,007 26,647 111,359 63,339 129,158 28,994 21,303 855,718 66,371 54,169 154,200 11.022 38,604 4,301 98.274 105.479 18,569 13,714 12,192 55,705 8,145 16,919 4,210 11,751 12,587 57,882 33,250 56.275 12,297 9,802 85,622 10,049,505 4,866,397 8,361 774,878 367,194 22,101 1,409,847 759,232 11,515 798,915 420,661 8,146 875,311 450,251 5,133 748,655 341,137 4,598 788,576 348,710 8,234 1,401,115 698,498 3,684 533,250 261,323 2,624 484,950 243,687 3,256 728,388 318,460 4,080 911,644 356,507 3,890 593,976 300,737 II RESERVE AND RESERVE CITY 1 AND OF COUNTRY BANKS IN EACH FEDERAL RESERVE DISTRICT ASSETS [In thousands of dollars] and bank balances Balances Other with balances banks in with foreign banks in countries U. S. Cash items in process of collection Bank premises, furniture, and fixtures Other real estate owned Assets indirectly representing real estate Customers' liability on acceptances Income accrued but not collected Total Other assets 32,392 23,047 5,899,059 846,506 12,679 59,850 191,642 225,541 208,836 127,297,475 12,949 18,111 805 12,435 1,222 246 3,557,716 141,646 313,762 4,003 25 354 179,757 25,937 123,015 4,762 121,335 42,805 80,539 8,558 2,395 31,705 350 2,970 3,289 872 150,503 9,489 111,899 8,496 724 2,463 1,736 69 51 1,566 53 210 1,095 388 4,594 4,154 311 502 1,741,419 216,649 444,854 113,672 567 46 257 126 81,499 113,917 79,930 108 2,299 379,451 1,153,278 39,936 67,289 2,552 789 17 157 67 105,054 62,444 50,623 9,195 50 372 252 10 527 613 247 12 193 50 1,159 115,554 8,831 40.702 21,121 23 270 29,880 23,943 47,289 267 101 24 274 71 2,730 37,282 32,217 38,857 6,396 64,682 24,174 156,041 63,795 19,203 15,721 159,324 17,827 7,607 20,508 4,683 358 4,857 403 203 3,300 19,060 127 18,523 1,001 235 22,285 8,531 44,955 2,221 26 119 19 107 132 167 193 16 35 7 18 110 1,011 365 361 513 5 972 6 1,552 502 65 127 144 867 1,069 1,046 3,123 690 1 130 422 485 293 672 660 2,364 43 1,319 11,928 3,446 10,488 11,468 12,334 849 686 18 2,895 5,227 1,816 249 12,621 8,331 1,568 39.703 60,442 3,640 5,822 17,001 29,465 2,306 8,368 1,408 1 791 85 1,905 1,586 376 108 1,405 622 8,732 4,302 139 2 73 87 575 640 281 44 1,018 109 485 552 73 286 686 140 1,491 556 523 3,215 1,245 310 20 58 186 1,033 263 568 29 141 103 672 584 18 2,242 832 243 9,057 274 5,289 1,183 85 1,445 1,490 398 155 182 963 199 709 442 215 1,867 971 604 1,037 3,717 11 2,391 106 97 4 11,793 1,326 2,991 277 482 600 15,758 17,827 22,276 436 415 891 2,127 1,245 165 10,888 10,486 168 220 5,342 432 1,236 49,138 184 1,400 45 365,581 36,320 79,525 42,597 36,004 25,036 28,844 20,164 47,552 230 2 932 2,385 375 630 40,020 194 317 1.052 1,512 54 1,644 599 877,876 202,411 70,585 58,870 88,239 62,813 88,513 28,807 33,023 1,428 376 5 394 1,640 50 2,138 850 127,761 1,672 1,259 1,029 518 747 2,116 6,551 127 754 1,159 1,714 425 94 1,910 2,194 45 17,429 1,553 4,749 2,438 1,113 1,402 11,650 388 5,898 320 418 659 630 7,041 3,032 905 42,535 6,053 2,932 100 101 1,453 1,805 1,822 157 79 536 1,367 6,382 2,535 395 890 9,700 4,596 22,634 5,598 800 174 1,741 785 310,189 32,211 290 2,250 12,050 398 2,306 1.051 244 6,323 7,452 99 100 178 312 1,751 3,114 227 86,040 190 11 554 1,827 32,197 3,639 800 1,561 18,964 5,008 1,396 203 124,628 8,783 9,548 22,173 5,928 2,240 1,903 1,526 4,113 852 296 134 2,787 5,803 6,436 694 6,742 676 207 10,307 61,617 2,510 700 58,505 123,822 4,054 1 41 28 1 122 62 9 22 229 2,091 95 12 200 242 196 138 405 102 15 33 48,514 35,615 2,807 3,091 2,873 3,518 2,869 4,767 2,552 4,698 1,476 887 5,444 15,660 1,730 4,090 1,485 4,059 553 914 3,848 7,717 3,541 1,177 1,701 2,672 Federal Reserve district numbers, and reserve cities All m e m b e r b a n k s 55,173,414 2,309,114 26,448,958 2,687,464 2,027,173 393,686 848,706 8,011,814 1,257,720 813,146 1,013,649 987,030 8,374,954 Reserve b a n k cities 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 18,961,155 739,242 885,559 2,120,240 784,204 518,866 325,954 319,199 363,110 727,752 2,544,079 145,893 452,492 457,690 51,943 558,239 360,249 388,537 140,045 1,027,513 364,683 2,988,808 1,093,857 354,173 1,248,828 Reserve b r a n c h citiesi 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 3 12. Seattle 6,019,959 458,804 367,639 1,004,144 82,511 277,788 41,897 667,023 851,704 138,232 100,632 93,377 421,299 58,891 119,465 39,344 77,722 83,042 388,094 218,503 372,102 89,662 68,084 47,142 ,947 3,738, ,419 8,078 ,214 4,288 853 4,471 ,829 3,132 ,353 3,253 ,013 6,880 ,641 2,406 ,797 2,279 ,959 2,669 ,243 3,007 ,332 2,936 ,294 O t h e r Reserve c i t i e s 1 4. Columbus 4. Toledo 5. Washington 7 . Cedar Rapids 7 . Des Moines 7. Dubuque 7. Indianapolis 7 . Milwaukee 7 . Peoria 7 . Sioux City 8. National City 9. St. Paul 10. Kansas City, Kansas 10. Lincoln 10. Pueblo 10. St. Joseph 10. Topeka 10. Tulsa 10. Wichita 11. Fort Worth 11. Galveston 11. Waco 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 s Includes figures for a bank with its head office in a nonreserve city, which has a branch in this reserve city; see Table of Contents page. For other footnotes, see opposite page. 12. ALL MEMBERS BANKS—ASSETS AND LIABILITIES ON JUNE 30, 1948, OF BANKS IN EACH CENTRAL LIABILITIES fin thousands of dollars] Demand deposits Federal Reserve district numbers, and reserve cities Total Individuals, partnerships, and corporations All member b a n k s . 41,793 ,272 1,859 510 21,780 ,573 2,199 319 1,220 275 299 ,103 683 ,344 5,841 ,871 1,004 ,607 652 ,003 885 ,534 822 ,567 4,544 ,566 31,021,542 1,471,241 16,405,142 1,692,773 1,007,144 186,025 462,912 4,238,675 677,378 380,258 471,295 500,450 3,528,249 Reserve b r a n c h cities 1 Buffalo. Cincinnati Pittsburgh Baltimore Charlotte 3 Birmingham. . . . Jacksonville.... Nashville New Orleans Detroit Little Rock Louisville Memphis Helena Denver Oklahoma City. Omaha El Paso Houston. San Antonio Los Angeles Portland Salt Lake City 3 . Seattle 13,182 ,921 435 ,902 602 ,587 1,505 ,652 598 ,403 412 ,020 247 ,709 250 ,143 269 ,160 566 ,322 1,533 ,415 117 ,186 350 ,950 345 ,125 44 ,601 406 ,423 309 ,382 324 ,615 106 ,033 861 ,931 271 ,054 1,748 ,495 708 ,842 262 ,524 864 ,447 9,917,177 357,804 468,405 1,220,545 444,285 250,731 192,634 146,333 151,747 347,145 1,212,739 72,248 211,461 227,544 16,061 315,795 157,920 197,219 72,136 627,526 203,781 1,536,418 597,555 202,533 686,612 4,603,658 3,104,503 348,254 220,124 246,053 204,530 749,782 665,330 60,896 30,104 233,407 98,987 20,473 17,127 526,628 322,727 591,529 409,258 90,251 70,012 81,607 45,397 75,228 17,753 323,738 172,828 43,713 17,163 100,573 57,388 26,479 20,638 53,767 32,950 70,642 38,458 340,657 258,984 193,123 120,123 314,191 197,171 58,839 42,254 53,828 45,197 C o u n t r y banks, by d i s t r i c t s 29,002 1. Boston 2,319 2. New York. 4,070 3. Philadelphia 2,169 4. Cleveland 2,401 5. Richmond 2,040 6. Atlanta 2,345 7. Chicago 3,935 8. St. Louis 1,646 9. Minneapolis 1,406 10. Kansas City. 2,209 11. Dallas 2,633, 12. San Francisco 1,823, 1 2 States and political subdivi- Banks in United States Banks in foreign countries ,161,034 ,967,328 ,242,201 ,886,368 ,095,495 ,674,665 ,831,755 ,330,420 ,386,396 ,148,482 828,010 222,611 547,303 754,731 1,545,427 6,084,992 1 ,312,071 31,470 69,919 245,568 20,962 335,101 276,814 2,831,101 ,182,627 45,967 66,409 357,268 12,472 111,072 37,766 46,722 2,452 6,594 34,771 67,229 103 128,974 11,777 76,585 19 132,581 325,111 1,057,720 22,169 30,791 265,862 22,733 1,971 11,214 57,029 189,946 1,709 11,449 52,204 344,053 580 11,170 54,593 244,366 915 96,909 454,479 241,833 66,092 301,075 11,841 19,869 39,030 14,705 7,278 4,609 3,048 4,620 8,569 71,234 1,172 9,074 4,045 505 8,606 4,668 7,638 1,577 9,083 2,970 34,807 12,425 2,744 16,958 110,021 4,984 7,713 21,908 1,028 13,511 1,013 10,478 18,576 2,329 1,598 227 6,965 520 1,634 57 640 2,074 6,534 3,391 3,062 1,025 754 679,826 64,736 113,584 78,187 64,233 44,149 36,937 114,925 32,697 34,114 33,216 31,657 31,391 973,209 1,768,045 34,978 20,812 20,012 86,327 39,081 194,256 48,308 85,373 81,273 95,514 21,540 27,547 31,068 68,377 60,940 50,143 107,034 94,854 79,061 135,105 26,744 16,415 8,558 109,225 34,429 77,108 19,734 7,928 15,369 61,922 51,447 91.309 11,937 105,761 11,904 17,850 80,284 135,300 11,711 48,865 51,882 82,895 53,108 28,149 23,383 31,985 61,719 82,730 515,256 69,952 10,648 123 4.905 80,454 1,226 112,021 35,162 4.906 4,531 302! 70,164 9,503 8,831 1,671 2,805 19,545 25,829 27,378 18,321 2,943 4,036 ,839,425 136,605 525,922 148,481 177,977 192,489 299,071 369,648 163,377 144,930 255,248 236,806 188,871 782,685 40,769 13,925 42,868 24,760 38,680 912 67,944 116,563 10,089 29,065 56,882 71,239 15,721 31,475 4,043 16.310 10,275 46,660 39,159 90,809 28,034 2,822 427 1,493 1,131 6,026 3,958 1,067 1,260 1,150 4,762 865 2 2,777 4,368 31 3,217 162 546 52 11,881 2,656 797,564 82.380 73,332 14,692 18.038 90.574 146.842 64,438 46,100 61,579 61,007 113,009 25,573 ,942 1,291 1,017 11 3.378 1,426 See Table of Contents page for basis of and changes in classification of member banks. Includes both central reserve city and reserve city banks For other footnote, see opposite page. Certified and officers checks, etc. IndividStates Banks uals, United and in partner- States Postal politi- Banks forships, Govsav in cal eign and ernings subdi- U.S. councorpora- ment visions tries Total 83,532,788 68,204,256 1,845,653 5,873,317 9,433,286 1,353,415 1,872,861 28,869,445 27,805,454 101,651 3,893 911,936 30,990 15,521 Reserve b a n k cities 1 1. Boston 2. New York2 3. Philadelphia 4. Cleveland 5. Richmond 6. Atlanta 32 7. Chicago . 8. St. Louis 9. Minneapolis 10. Kansas City 11. Dallas 12. San Francisco Other reserve cities 1 4. Columbus 4. Toledo 5. Washington 7. Cedar Rapids 7. Des Moines 7. Dubuque 7. Indianapolis 7. Milwaukee 7. Peoria 7. Sioux City 8. National City 9. St. Paul 10. Kansas City, Kansas. 10. Lincoln. 10. Pueblo 10. St. Joseph 10. Topeka 10. Tulsa 10. Wichita 11. Fort Worth 11. Galveston 11. Waco United States Govern- Time deposits ,074,509 20,350 749,788 24,430 15,119 4,381 3,077 65,615 5,872 11,847 5,953 11,073 157,004 8,441,386 191,628 1,745,074 237,878 687,977 68,881 112,613 1,637,270 161.646 107,739 75,526 90,530 3,324,624 1,024,589 32,599 189,069 2,553 675,018 14,038 211,023 391 669,585 67,050 495 111,605 943 565,836 959 161,303 322 105,641 42 75,472 51 88,533 127 104,454 12,678 195,381 4,473,769 4,310,772 1 1 , 8 1 6 247.647 7,645 245,731 7,547 208,737 193,390 154 11,247 332,560 310,047 100 4,601 132,917 131,260 816 7,224 41,918 39,464 2,150 55,692 1,379 55,692 46,159 1,133 45,880 29 1,710 70 ,093 68,606 1,484 2,694 122,103 118,188 108 880,492 31,318 877,913 2,175 607 20,861 20,452 400 22,632 57,542 57,123 399 83,109 1,922 83,109 373 5,199 5,049 150 4,700 117,807 115,464 100 4,038 24,866 20,079 246 2,058 41,460 41,455 1,499 25,293 24,768 525 8,478 102,897 81,541 2,577 76,528 48,381 81 37,731 1,073,937 1,028,832 666 16,740 318,126 313,371 80 1,877 72,118 71,408 490 13,651 315,708 313,569 1,663 86,825 1,054,263 86,084 12,394 9,237 100,782 16,336 186,847 99 16,959 1,775 29,312 195 19,497 13,296 102,361 11,424 207,678 2,915 37,998 1,016 14,620 64 11,758 2,182 66,038 806 11,739 1,245 10,617 70 9,556 1,062 20,276 290 7,768 2,598 24,876 3,072 14,513 4,828 38,494 736 25,700 1,185 10,790 516,146 67,619 114,679 41,608 45,385 38,976 27,226 56,255 17,878 17,636 31,884 28,063 28,937 14,900,027 1,096,555 3,380,034 1,717,395 1,742,254 869,289 706,345 2,551,588 614,059 746,972 308,896 212,684 953,956 996 78 96 185 11,248 1,251 26 292 362,734 5,651 15,521 41,215 26,267 18,339 1,330 19 70,475 682 129 53 1-0 2,050 203,238 2,656 120 143,493 7,568 540 1,376 14,851 337 20,263 2,140 570 271 302 3 3,774 144 3 250 31 2 , 2 1 2 4,100 441 20 1 21,295 28,064 44,339 4,530 150 100 145 50 475 2,345 16 1,000 19 99 185 35 14 1,587 3,000 59 65. 34 1 11, 10 9 20, d: 13, 38 24 10, 839 5 55 25 656 41,589 3,724 5,031 1,056 3,962 5 18,166 2,750 10,000 65 75 495 95 1,307 525 516 300 5 1,242 15 1,675 14,473,230 4 5 / 2,642 364,120 14,047 1,090,321 3,438 100 253 2,443 3,337,479 9,331 15 31,163 2,046 1,656,752 1,072 161 59,341 69 1,658,080 356 447 83,035 336 838,131 10,414 217 19,646 881 668,642 6,355 200 25,479 5,669 2,488,535 2,475 257 59,629 692 584,773 991 232 27,816 247 740,558 783 143 5,032 456 303,607 2,497 187 2,405 200 181,207 6,659 317 21,283 3,218 925,145 1,617 213 26,848 133 *3 SERVE AND RESERVE CITY1 AND OF COUNTRY BANKS IN EACH FEDERAL RES] LIABILITIES AND CAPITAL ACCOUNTS [In thousands of dollars] Bills payable and other borrowed money Acceptances outstanding Other liabilities 52,833 214,368 954,034 118,673,468 2,754,141 3,885,248 1,524,489 460,129 0,234,1 2,051, 27,237 1,000 2,437, 1,908,: 37 53,525, 26,200 367, 200,998 27,121 136,179 5,422 676 11 5,664 1,404 203 795, 7,479, i ,166,: 759, 961,1 913,i 7,869, 127 24,191 9,647 17,656, 683, 157 79 320 45 811, 1,838, 731, 483, 303, 296, 339, 688, 2,413, 138, 418, 428, 49, 524, 334, 366, 131, 964, 347, 2,822, 660 3,021 43 5 394 1,952 1,737 622 1,026, 334, 1,180, 5,657, 434, Total liabilities 671,230 22,646 487,552 16,272 9,073 2,090 5,884 36,218 6,594 5,990 1,617 3,879 73,415 99,942 3,185 4,955 13,515 2,552 5,349 1,702 1,845 2,560 3,027 11,946 739 3,460 1,845 226 2,634 1,496 1,258 743 3,711 1,064 19,741 6,615 1,660 4,114 139 26,959 2 1,500 2,002 346, 2,431 6,720 262, 745 628, 1,958 2,814 936, 77, 1 39, 58 799, 128, 96, 86, 389, 55, 111, 45 1,500 3 In 24,096 4,025 6,437 3,115 1,121 3,882 1,781 210 2,175 150 900 300 219 425 3,638 296 228 5 96 371 1,625 889 886 157 241 36, 74, 78, 365 207 352 84 64 43,902 3,416 7,450 3,886 4,143 2,910 3,051 6,487 2,260 2,153 2,518 2,846 2,777 1,212 3,584 1,472 310 20 58 186 1,173 263 3 29 41 28 1 155,903 20,440 40,239 11,745 14,162 10,482 9,350 18,799 5,278 6,049 3,181 4,478 11,700 Capital 51,134,123 1,219,746 2,101,905 59,463 24,175,578 614,697 2,458,928 58,432 1,918,001 44,330 370,074 7,300 15,500 801,852 7,521,023 165,750 1,174,251 34,225 765,935 12,300 962,677 18,900 917,103 27,850 7,966,796 160,999 17,766,279 686,734 816,436 1,851,806 734,192 489.332 305,103 298,147 342,473 694,473 2,425,896 138,786 421,952 430,323 50,026 526,869 336,138 367.333 132,069 970,491 348,646 2,843,910 1,034,205 336,302 1,184,637 381,999 20,015 23,900 85,350 13,831 7,200 7,200 5,686,519 436,342 349,266 943,349 77,856 263,464 39,970 630,947 802,079 129,461 96,446 87,411 393,459 55,748 112,918 36,040 74,139 78,781 367,192 208,525 353,571 84,696 64,859 108,510 6,000 7,400 10,283 32,970 2,800 9,900 7,400 850 8,560 8,000 7,200 2,000 24,000 5,590 52,000 15,200 6,750 17,600 9,000 7,300 18,900 500 4,750 550 9,250 16,600 3,260 1,600 1,000 9,000 1,150 2,700 1,000 1,300 1,700 5,750 2,900 7,500 1,850 950 Surplus Undivided profits Other capital accounts Net Demand demand deposits] Total deposits c a p i t a l subject to adjusted (see footacreserve note on counts (see page 1) page 18) 8,624,007 77,298,285 70,051,375 ,370,135 684,482 994,114 910,435 057,995 244,823 555,053 174,210 857,136 534,537 694,935 635,980 ,026,435 684,943 182,645 31,016 17,343 400,181 60,192 38,696 10,410 13,091 9,521 5,905 I,507 6,934 4,920 62,608 53,798 19,239 3,280 6,319 5,642 13,694 1,438 11,812 1,415 75,448^ 13,179 4,039 291 207 ,209 2,273 ,380 228 ,536 109 ,172 23 ,612 46 ,854 490 ,791 83 469 47 ,211 50 ,972 69 ,927 408 ,158 83,744 22,100 207,952 4,670 11,514 33,534 8,367 3,169 4,476 2,137 2,757 5,946 16,204 1,215 3,956 6,297 247 7,977 7,543 4,426 1,672 9,037 2,946 34,779 18,559 2,846 13,678 1,194 ,876 11 ,290,799 376,028 52, 508 507,561 69 123 268 ,434 1,355,235 513,024 50 ,012 372,078 29 ,534 224,544 20 ,851 21 ,052 194,131 223,611 20 ,637 489,171 33 ,279 118 ,183 1,336,566 95,478 7 ,107 304,457 30 ,540 297,979 27 ,367 1,917 38,872 31 ,370 339,812 231,403 24 ,111 263,116 21 ,204 86,955 7 ,976 703,373 57 ,022 224,667 16 ,037 144 ,898 1,518,028 620,920 59 ,652 231,844 17 871 64 191 741,946 143,099 9,500 58,446 3,492 8,000 1,""" 23,385 470 1,085 2,619 1,951,957 99,387 1,198,310 120,998 42,230 8,M0 19,500 208,635 26,725 22,950 16,940 28,850 158,532 521,181 27,035 30,945 125,200 23.499 16,800 7,100 10.500 10,450 16,247 57,600 2,900 16,100 13,100 820 12,115 8,125 7,625 3,550 23,015 6,620 52,005 20,680 7,050 28,575 3,600 4,750 650 18,400 16,494 3,840 1,900 3,000 13,750 1,225 2,400 1,000 1,250 1,630 7,890 4,900 7,200 1,535 1,610 44,086,547 1,043,886 1,269,011 119,936 98,588 3,442,451 233,718 7,497,755 209,987 182,115 3,901,622 125,463 143,763 4,158,723 105,904 89,338 2,924,692 69,889 83,394 3,063,858 66,282 141,671 6,506,608 126,310 52,647 2,267,963 49,013 45,462 2,160,164 41,389 56,125 48,279 2,522,383 60,250 55,156 2,851,062 60,592 2,789,266 47,626 10,701 555 2,542 495 7,453 11,258 1,331 466 1,966 3,301 692 866 823 794 629 4,077 1,761 1,572 1,156 528 788 2,764 24,350 4,315 2,365 2,075 2,415 30 803 II,409 192 584 570 2,718 443 1,953 754 970 881 6,114 5,213 1,225 10,813 2,282 232 973 5,273 340 220 1,789 76 581 481 239 302 3,185 417 2,259 425 137 573,148 170,355 54,793 22,651 101,474 35,280 65,152 14,501 53,440 9,999 36,655 11,779 30,665 8,814 76,910 29,142 7,335 29,839 8,351 24,593 34,740 7,716 31,250 9,614 5,173 33,637 333,440 3,868,636 291,565 22,462 18,373 216,133 60,795 667,013 50,678 4,655 194,295 14,324 1,927 16,629 36,076 437,848 505,287 49,625 77,201 8,771 4,186 62,814 5,966 55,883 266,152 27,840 36,329 3,143 6,547 85,514 15,165 3,304 42,585 3,583 4,261 57,774 291,262 20,902 9,978 165,088 245,855 18,531 4,966 43,810 43,756 3,225 3,056, 295 580 387 313 207 189 374 138 119 146 156 147 ,768,715 009,801 570,256 880,931 075,658 714,432 979,083 365,225 419,337 198,582 840,310 136,912 578,188 figures for a bank with its head office in a nonreserve city, which has a branch in this reserve city; see Table of footnotes, see opposite page. H ALL MEMBER BANKS—ASSETS AND LIABILITIES ASSETS [In thousands of dollars] Loans and investments State Total, all S t a t e s . . 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 Mutual Savings Number of U.S. (includ- Governing ment overdirect obdrafts) ligations 6,925 95,449,273 33,871,224 54,130,91 Reserves, cash ObligaObligaCorporate tions Other tions of stock gauranStates and bonds, (including teed by notes, political and deF. R. U. S. Bank Govern- subdivi- bentures stock) 8,416 4,435,849 2,723,653 Total Reserve with Federal Reserve Banks 279,151 30,303,148 17,356,081 1,605,925 271,196 94,687 157,487 147,233 68,562 64,815 112,943 56,037 42,840 2,960,793 1,161,569 1,632,500 528,600 149,513 364.827 805,928 246,336 488,073 13 36 142 404 8,333 7,086 7,355 80,175 6,895 44,243 9,879 6,315 6,248 77,872 5,356 25,169 797 419 321 8,273 2,009 2,091 567 23,311,818 9,058,990 12,800,305 291 3,342,098 901,627 2,055,614 757 7,206,114 2,299,081 4,067,186 3,136 557 557 782,850 216,905 314,478 558,597 154,202 488,251 107,940 13,193 36,561 7,777,379 5,417,708 717,278 385,868 2,034,874 1,150,173 424 238 502 230 165 4,979,015 1,604,373 2,930,123 1,697,086 454,187 1,109,342 8,215,315 2,453,854 5,062,388 3,507,266 1,063,930 2,137,162 1,579,156 414,728 1,049,509 225 79 11 607 276 272,913 82,901 405,574 184,623 61,721 162,007 47,851 278,758 115,053 50,414 9,374 2,726 14,730 5,891 2,508 1,420,747 764,106 544,962 265,868 2,700,016 1,644,998 899,161 503,631 435,759 211,279 206 163 180 42 63 144 215 1,584,346 916,326 2,361,512 203,964 257,416 685,538 745,213 537,880 922,704 262,495 547,742 981,939 1,192,777 37,593 154,948 70,952 167,877 185,982 435,556 215,418 447,137 20 61,993 80,601 101,095 58,929 23,580 77,993 5,061 6,178 2,820 546,629 303,641 910,699 56,983 77,947 262,567 285,075 265,775 150,714 440,243 29,153 41,052 129,464 136,240 232,360 870,764 750,083 1,120,440 572,157 713,462 335,935 859,236 1,028,057 77,994 247,177 241,276 487,279 177,466 290,069 97,349 398,780 253,559 135,072 581,339 467,157 560,475 355,046 379,008 210,730 399,081 686,450 1,228 35,265 155,647 156,630 168,619 89,414 128,538 55,825 161,538 155,016 112 81 720,362 1,062,630 744,533 215,387 264,345 415,392 266,376 66,241 66 46 224 566 38 52 40 148 11 65 16 202 109 54 32 65 73 88 32 84 26 40 92 33 5 35 6 54 33 115 1 466 126 9 13 4 79 6,106 31,621 20,344 14,717 524,314 64,872 103,277 12,053 40.780 50,335 31,055 224 10,097 14,388 4,055 40,580 24,655 27,328 16,332 41.781 66,633 7,969 25,714 35,886 29,224 13,427 15,650 10,978 17,779 19,404 2,011 76,615 292,641 261,368 360,079 194,561 279,966 121,512 347,794 348,253 406,227 545,539 382,223 109,698 4 36 2 3 24,951 78,976 75,221 36.076 23,068 19,269 19,323 2,907 1,767 3,418 1,388 462 241,400 384,716 255,852 79,781 126,033 185,619 137,282 32,022 373,589 211,165 114,033 932,415 267,228 581,182 987,565 316,861 584,750 3,785,439 1,544,002 1,978,558 38.077 72,535 75,479 207,714 9,593 9,444 8,722 47,664 720 20 128 2,026 1,733 7,373 140,925 336,161 466,422 1,778,057 63,580 169,437 482 338 233 1,151 251 356 607 132 108,625 72,971 50,889 269,863 61,839 70,780 108,487 32,195 350,746 286,816 141,497 709,730 168,043 289,506 356,720 127,614 87,655 88,049 45,357 216,563 71,618 144,617 153,117 49,194 244,202 191.828 86,126 32 35 445,865 87,251 121,772 189,860 69,588 1,369,175 523,224 712,125 958,819 315,994 539,150 9,967,317 4,330,676 5,038,601 3 3 841 10,842 5,444 6,998 27,129 7,722 11,373 9,880 8,038 114,569 93,827 456,134 22,121 7,533 1,122 2,783 19,022 1,201 11,388 3,063 662 16,983 8,602 124,384 2P 4 15,862 Banks 1,442 7,582 247 343 1,095 1,189 67,288 48,550 28,338 892,157 109,734 253,383 2,139 1,688 2,802 1,339 1,407 541 1,813 2,271 1,243 16,681 50 188,800 756,409 59,411 41,470 22,017 130,762 27,222 40,003 60,774 16,888 434,534 233,635 283,302 162,700 2,470,393 1,500,108 1,843 STATES LOCATED IN TWO FEDERAL RESERVE DISTRICTS—CONDITION Connecticut—Dist. No. 2.. New Jersey—Dist. No. 2 . . Kentucky—Dist No. 4 Pennsylvania—Dist. No. 4. West Virginia—Dist. No. 4 Louisiana—Dist No. 6 Mississippi—Dist. No. 6. . . Tennessee—Dist. No. 6 Indiana—Dist. No. 7 Illinois—Dist. No. 7 Michigan—Dist. No. 7 Wisconsin—Dist. No. 1... . Missouri—Dist. No. 10 . . . . New Mexico—Dist. No. 10. Oklahoma—Dist. No. 10... Arizona—Dist. No. 12 1 17 204 58 215 13 32 20 67 175 351 189 125 46 11 211 4 225,427 76,260 134, 2,748,320 752,268 1,677, 240,040 76,210 146, 2,675,313 865,506 1,504, 85,398 32,425 43, 744,275 217,014 466, 178,509 55,003 90, 681,209 246,931 366. 1,473,830 380,053 978| 7,675,053 2,312,424 4,738 3,373,845 1,026,934 2,054, 1,429,602 373,266 951, 811,277 306,526 429, 101,705 46,481 49, 969,201 308,755 576, 250,399 131,582 99 12 508 287 3 36 35 6 595 276 9 6,195 182,701 10,516 86.070 5,641 53.071 30,665 50,515 72,286 357,492 175,402 56,116 48,045 4,808 73,441 8,027 These banks, two in Wisconsin and one in Indiana, are included in the figures for those States. 7,853 123,744 6,142 200,712 3,037 6,965 2,361 14,201 40,124 253,093 111,153 46,131 25,179 1,140 8,527 11,388 568 11,347 594 18,457 322 1,148 384 2,647 2,335 13,884 5,641 2,243 1,555 163 1,689 318 57,041 28,083 569,551 308,031 67,242 33,147 731,981 431,853 21,441 9,956 260,565 139,049 66,194 26,168 251,289 111,934 476,907 234,965 2,541,743 1,569,119 869,102 489,326 396,441 192,939 411,028 180,341 35,688 15,171 458,493 185,761 62,939 35,296 *5 OF BANKS ON JUNE 30, 1948, BY STATES ASSETS [In thousands of dollars] and bank balances Other real estate owned Bank Demand premises, balances furniCash Other Balances with _ ture, items in with banks in balances and process banks in with U. S. (exfixtures of colforeign cept pri- banks in U.S. countries lection vate banks, etc.) Assets indirectly representing real estate Customers' liability 12,679 59,850 191,642 Income accrued but not collected acceptances 32,392 23,047 5,899,059 846,506 14,699 12,900 7,045 96,568 14,257 9 3 15 758 80 247 72 14 24 833 11,697 8,434 3,658 197,333 15,678 43,327 1,821 1,655 I,287 31,283 7, 666 12,752 44 25 18 119 100 151 315 59 10 1,272 25,952 20 2 1,216 57 1,628 1,894,576 91,875 380,685 211,493 40,537 84,174 1,044 675 873 4,898 123,967 67,492 9,266 14,973 275,169 61,375 492,503 145,515 74,581 46,871 12,476 35,770 22,757 II,556 160 118 925 32 14 1,591 1,193 1,093 5,008 166 20,985 7,789 2,665 122,865 32,107 243,873 4,878 4,681 50,243 12,165 6,791 4,659 15,992 1,236 1,477 4,477 4,244 578 4,168 2,436 447 277 1,397 4,490 874 4,289 619 677 1,109 657 10,885 64,436 32,610 77,837 19,867 67,002 16,967 I,562 8,813 12,515 13,049 5,807 5,972 2,335 10,287 13,779 211 21 226,781 164,840 350,332 3,467 378 2,127 13,700 264,735 171,135 457,595 169,500 121,746 1,172 402 298 7 384 135 671 18 135,581 101,980 193,137 19,805 28,316 73,005 124,268 26,230 48,299 51,824 81,059 65,066 66,139 36,471 78,000 118,39^ 55,938 117,039 74,983 35,344 54,626 85,235 213,686 702,704 31,517 19,527 21,765 82,245 27,108 14,269 21,736 8,716 71,698 37,833 309,864 1,666 1,238 178 1,208 4 28 1,390 568 434 173 15 270 248 189 1 415 125 50 307 123 366 88,222 49,165 43,421 57,613 22,105 6,579 66 624 561 5,023 II,881 7,176 2,472 374 1,473 4,447 14,206 64,022 45,241 238,836 2,674 9,698 5,980 45,390 29 10,930 2,165 2,462 810 47 17 2,400 150 272' 50 75 1,184 325 4,984 248 71 2,768 6,800 3,166 41,718 2,469 9,886 20,256 3,682 98,181 64,585 551,154 1,860 5,295 21 1,853 3 38 111 81 271 701 66 124 22 328 193 4 2,475 154 7,302 1,063 108 835 90 288 10 107 656 4 1,400 764 454 1 20 246 409 90 110 121 ' 35 76 350 45 185 995 3,519 915 915 56 2,389 469 2,060 1,414 2,584 2,189 917 10,045 12,581 83,130 134 2 213 277 944 63 23,993 8,950 2,828 458 1,728 895 1,312 332 1,838 392 1,865 2,642 992 1,801 1,702 16 249 2,978 1,189 3,166 854 23 130 1,689 183 1,172 20 4 75 249 1 17 1 2,822 100 336 4,211 11 466 288 622 19,929 Total assets 208,836 127,297,475 225,541 5,386,644 81,102 Other assets 2,896 3,952 32,464 Total, all States New England: Maine 341,428 428 New Hampshire 197,699 163 Vermont 142,837 87 Massachusetts 3,929,813 10,935 Rhode Island 649,210 246 Connecticut 575 1,073,911 Middle Atlantic: New York 119,291 31,617,382 New Jersey 2,634 4,114,456 Pennsylvania 12,933 9,363,447 East North Central: Ohio 3,920 6,462,089 Indiana 1,463 2,259,123 Illinois 8,036 10,987,248 Michigan 2,974 4,441,238 Wisconsin 2,890 2,032,426 West North Central: Minnesota 942 2,148,221 Iowa 361 1,228,328 Missouri 3,897 3,300,086 North Dakota 262,836 34 South Dakota 337,760 243 Nebraska 954,262 568 Kansas 1,036,360 1,026 South Atlantic: Delaware 311,864 102 Maryland 2,284 1,176,635 District of Columbia 1,271 1,027,803 Virginia 2,031 1,498,486 West Virginia 774,246 869 North Carolina 1,781 1,003,265 South Carolina 460,467 273 Georgia 1,756 1,221,219 Florida 767 1,393,999 East South Central: Kentucky 968,278 403 Tennessee 1,194 1,463,815 Alabama 1,012,262 1,011 Mississippi 297,925 213 West South Central: Arkansas 517,740 226 Louisiana 1,690 1,285,605 Oklahoma 752 1,463,376 Texas 2,843 5,622,949 Mountain: Montana 462,602 192 Idaho 362,487 215 Wyoming 193,384 54 Colorado 985,439 1,255 New Mexico 231,822 94 Arizona 365,180 860 Utah 469,214 846 Nevada 161,293 100 Pacific: Washington 569 1,817,641 1,261,623 Oregon . 2,282 California 9,257 12,606,696 17,778 35 52J State Mutual Savings Banks OF BANKS LOCATED IN FEDERAL RESERVE DISTRICT SPECIFIED 10, 125, 25, 125, 6, 56, 28 85, 146 407, 158, 105, 102, 15, 209, 318 66 275 30 374 601 342 1,666 376 135 1,155 150 1,438 12. 9 28 163 10 7 568 670 18 126 272 10,720 78,470 2,059 117,741 2,411 51,669 6,407 36,091 55,777 471,262 144,005 72,728 117,840 1,982 44,917 9,010 423 31, 716 2, 182 34, 133 558 7, 693 2, 145 8, 374 10, 162 32, 109 21 681 10 443 5 ,316 849 5 ,7861 2 ,374 572 69 326 6 837 32 14 1 249 4 1 2 1,459 76 1,572 294 100 1,191 1,093 57 108 137 2,389 56 671 90 5,008 166 288 409 995 277 469 277 8,201 108 6,663 145 2,469 11 1,372 2,675 20,540 7,764 2,399 1,144 183 1,189 1,172 138 1,740 75 1,915 107 1,417 158 749 1,266 7,740 2,926 2,842 734 68 745 798 287,365 3,361,667 309,723 3,451,783 107,649 1,018,897 247,073 944,284 1,965,036 10,284,221 4,276,609 1,842,127 1,229,909 138,742 1,436,882 317,960 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 i6 ALL MEMBER BANKS—ASSETS AND LIABILITIES LIABILITIES [In thousands of dollars] Demand deposits Individuals, partnerships, and corporations 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 Mutual Savings States and political subdivisions United States Government Time deposits Banks in United States Banks in foreign countries Certified and officers' checks, etc. Total Individuals, partnerships, and corporations States Banks and United politi- Banks States Postal in Govern- savings cal sub- U. S. ment divisions 3,582,788 68,204,256 1,845,653 5,873,317 9,433,286 1,353,415 1,872,861 28,869,445 27,805,454 101,651 3,893 177,170 132,637 149,940 61,182 54,427 2,850,09* 2,314,322 388,89* 332,868 742,594 619,674 4,500 4,189 1,089 59,179 11,523 21,486 24,472,417 18,499,308 2,076,746 1,700,285 5,874,664 4,880,440 409,887 55,464 142,685 3,125,669 1,154.44C 5,816,852 1,926,616 113,720 37,838 174,435 100,185 40,328 1,469,893 940,508 896.03C 617,861 2,578,307 1,727,995 184,03= 162,611 259,221 210.272 793,30! 588,436 886,03( 644,642 31,115 32,343 48,283 3,618 6, 43 C 16,02C 15,166 185,228 132,175 139,099 7,056 30,50C 39,871 135.31C 289,465 103,911 641,997 9,316 9,732 142,788 81,879 250,641 799,24( 763,30f 940,75/ 521,1 793,55: 368,981 944,951 1,057,247 214,41 612,44: 678,33f 736,50. 424,69: 526,896 289,22* 687,194 811,55( 25,132 18,152 22,141 20.092 12,114 15,354 8,713 16,90C 15.093 1,836 74,585 123 61,936 42,782 130,24C 52,395 96,304 114,947 4,482 86,827 42,897 104,684 32,430 103,680 13,191 138,518 100,964 754,51< 1,058,67( 730,45* 219,98C 551,986 712.273 564,393 147,027 15,561 16,218 11,512 3,761 38,24C 132,94C 96,531 39,748 115,323 186,343 51,697 28,475 409,643 314,471 996,604 670,634 1,272,656 911,732 4,770,219 3,630,541 5,650 14,920 18,904 56,400 46,429 161,325 164,505 382,837 40,281 135,062 155,679 642,655 276,443 215,713 118.900 602.901 137,033 220,047 254,039 80,566 6,136 4,477 2,505 12,724 2,497 3,M0 3,394 1,848 51,900 42,416 17,216 39,330 36,448 40,908 31,461 14,622 18,625 3,335 6,992 68,217 6,767 33,682 1,155 1,227,356 984,570 829,454 706,117 6,960,537 5,665,967 24,979 14,442 142,565 126,920 60,437 541,565 69,843 29,924 331,495 3,854,537 1,542,542 7,732,541 2,397,471 1,150,03: 357,646 268,538 147,325 731,554 186,648 274,630 325,388 100,073 108,888 881,601 12 Banks. 12,145 9,319 2,404 117,875 27,357 49,685, 7,195 6,148 1,264 282,874 8,531 28,919 3,382 4,093 1,998 54,886 7,358 22,808 133,305 44,881 66,740 684,934 206,895 244,252 911,936 30,990 15,521 132,220 44,389 66,248 680,732 206,156 242,346 598 352 131 2,761 672 1,553 680,363 2,881,630 1,186,137 226,111 38,808 329 200,308 561,230 13,976 815,092 3,795,661 3,687,817 55,749 1,744,237 1,732,250 76,025 2,538,043 2.419.563 21,932 1,942 920 274,698 263,518 229,751 93,162 485,171 1,146,094 172,546 147,954 75,406 130,837 74,022 2,188,737 2,074,661 27,189 588,145 583,597 87,820 2,560,912 2.405.564 46,134 1,791,243 1,782,238 21,319 760,339 732,105 1,585 2,701 1,556 2,823 3,130 311 807 93 63 40 21,301 9,74C 18,382 1,434 2,278 6,197 9,039 538,816 263,326 518,259 66,245 61,708 107,081 93,706 2,437 797 245 497 77 1,837 114 75 134 6 3 22 38 4,774 26,02C 297,42* 195,469 439,89* 193,695 142,833 66,005 195,651 250,802 25,781 293,510 193,944 417,251 191,154 136,297 64,381 193,974 225.245 141,854 313,966 213,509 60,546 140.246 304,927 211,465 59,829 958 4,179 1,020 16 58 17 564 70 1,665 3,137 182 825 20 2,812 75,763 219,153 99,133 523,751 75,069 213,482 92,008 438,777 410 684 376 7,390 25 70 96 370 159 100 3,982 935 4,770 1,,__ 73,951 3,263 4,542 2,59' 1,712 8,351 3,903 5,612 83,174 77,273 34,642 194,564 33,977 72,399 116,813 51,993 82,439 76,545 33,865 191,659 31,963 71,934 115,953 49,147 152 667 415 100 17 5 288 5 210 2,811 20,962 1,261 22 2,910 162 22,169 4,036 546 2,276 2,551 1,131 3,217 103 19 3,253 77 309 6,026 5, 52 1,272 2 6,016 11,441 33,409 10,819 6,016 969 8,637 21,784 51,968 2,810 V 2,807 8# 71,086 I 12 6,102 16,593 17,436 9,83C 17,382 5,454 533,526 260,668 512,057 65,840 60,064 106,970 90,720 18,237 491,591 488,572 17,669 356,821 350,735 207,859 4,903,257 4,615,571 16,245 226 1,650 1,500 5,896 1,234 3,955 640 1,059 1,280 697 2,002 250 492 135 2,020 84 13,546 7 20 3 169 50 25 475 120 358 1,177 17 328 68,592 3,199 14,121 9,957 88 114,807 2,319 13 25 166 30 8 7 40 66 7 11 11 20 20 15 361 J (7,2# 110,677 1,503 30 1,010 153,699 5,650 469 24,500 564 2,587 146 5,251 154 1,144 10 1,028 83 13 1,984 271 16,203 382 858 419 2,246 327 677 300 524 54 23,141 1,070 571 345 1 278 2,711 2,512 70 504 475 5,837 150 269,565 2,814 1,400 STATES LOCATED IN TWO FEDERAL RESERVE DISTRICTS-CONDITION Connecticut—Dist. No. 2.. New Jersey—Dist. No. 2 . . Kentucky—Dist. No. 4 Pennsylvania—Dist. No. 4. West Virginia—Dist. No. 4 Louisiana—Dist. No. 6 Mississippi—Dist. No. 6... Tennessee—Dist. No. 6 Indiana—Dist. No. 7 Illinois—Dist. No. 7 Michigan—Dist. No. 7 Wisconsin—Dist. No. 7.. .. Missouri—Dist. No. 10 . New Mexico—Dist. No. 10. Oklahoma—Dist. No. 10.. Arizona—Dist. No. 12 173,110 1,641,683 220,184 2,191,702 57,526 783,997 178,913 666,321 1,343,211 7,285,587 2,333,131 1,057,866 1,052,442 103,514 1,250,094 241,137 141,550 1,364,289 191,805 1,851,706 47,063 507,289 115,594 446,506 995,887 5,481,276 1,874,516 805,906 601,196 65,562 894,312 191,6981 5,760 44,879 3,689 54,254 1,932 11,499 2,897 11,659 33,743 166,173 97,732 37,282 13,637 1,691 18,684 3,529 12,261 145,090 16,318 68,275 5,101 141,254 31,847 92,378 208,42' 445,635 164,189 66,599 62,901 26,957 160,182 37,032 6,983 36,632 2,790 195,928 2,151 113,756 27,789 106,990 80,052 1,086,076 147,542 127,695 366,057 6,262 155,500 2,720 1,493 6,026 162 22,169 4,020 546 580 52 1,272 6,556 92,824 92,701 50,464 1,484,270 1,477,710 5,582 65,424 65,023 20,046 868,757 832,109 1,279 35,476 34,810 4,173 179,494 174,041 786 53,706 52,994 8,788 219,843 210,894 24,940 511,823 507,369 84,258 2,347,049 2,224,046 45,132 1,702,428 1,693,750 19,838 673,149 645,251 8,071 112,625 112,446 3,042 28,022 26,010 21,364 97,260 90,143 4,886 60,721 60,256 76 1,361 12 264 684 697 4,179 2,699 1,538 2,800 3,126 61 2,000 376 250 1 205 5 60 56 777 39 8 35 16 11 96 5 32 5,130 69 343 45 34,039 2,140 422 239 3,774 935 15 1,654 3,060 18 960 121,426 5,401 469 24,173 564 102 1 4,767 1,878 210 *7 OF BANKS ON JUNE 30, 1948, BY STATES LIABILITIES AND CAPITAL ACCOUNTS [In thousands of dollars] Bills payable and other borrowed money 52,833 400 500 330 3,480 200 115 Acceptances outstanding 214,368 27,136 1,443 57 Total liabilities Other liabilities Capital Surplus 954,034 118,673,468 2,754,141 3,885,248 I,346 432 859 32,099 4,594 5,337 312,221 178,464 129,111 3,597,747 602,030 992.355 10,545 5,760 4,815 100,030 15,570 29.187 Undivided profits Other capital accounts ,524,489 460,129 33,729 6,542 4,386 2,751 55,021 5,234 14,594 1.131 1.192 I,378 29,067 4,296 4,046 466,343 46,027 140,318 81,646 18,758 47,069 10,989 7,897 4,782 147,948 22,080 514,328 17,435 41,956 28,950,717 3,841,006 8,461,714 758,771 1,359,905 110,477 98.188 440,814 273,532 210 835 90 5,664 166 27,176 6,615 42,586 20,688 5,185 6,071,755 2,137,392 10,341,778 4,209,778 1,915,659 144,559 39,829 215,339 75,209 38,805 166,789 51,722 265,927 98,057 43,609 60,713 24,296 95,755 38,152 25,160 18,273 5,884 68,449 20,042 9.193 2,000 277 10 1,407 12,238 1,637 II,046 904 1,064 1,807 38,861 19,539 73,550 3,980 4,883 18,150 18,325 55,657 28,635 63,455 4,388 6,593 18,054 21,559 20,509 13,394 45,810 2,429 3,009 2,006 2,021,224 1,161,003 3,111,019 251,184 322 ,143 903,946 982,148 10,261 12,286 II,970 5,757 6,252 855 1.132 3,851 2,042 35 2 1,545 3,299 6,775 6,474 2,049 7,400 1,749 7,020 5,174 278.356 1,100,293 965,550 1,389,529 718,181 944,006 437,835 1,149,186 1,313,225 8,832 22,132 19,500 37,754 18,574 15,925 7,525 24,237 29,950 19,019 35,195 29,275 44,914 24,584 30,868 8,731 29,868 36,003 5,517 12,988 10,829 20,431 9,600 8,399 4,444 11,331 10,412 140 6,027 2,649 5,858 3,307 4,067 1,932 6,597 4,409 915 1,055 56 4,274 5,518 4,113 659 900,948 1,379,094 949,362 281,241 22,685 26,652 20,324 5,983 32,860 39,776 25,647 9,400 9,593 15,646 12,382 993 2,192 2,647 4,547 308 3,046 469 2,107 1,406 4,827 4,010 13,801 486,812 I,223,930 1,376,268 5,309,878 10,535 19,933 26,478 117,549 11,695 28,941 31,779 122,747 7,573 11,147 23,232 57,231 1,125 1,654 5,619 15,544 1,095 1,034 397 3,033 498 3,384 1,807 1,584 441,915 346,845 182,364 929,356 221,123 350,413 444,008 153,650 7,965 5.260 2,983 16,512 4.261 5,150 8,915 2,163 7,834 6,045 4,850 22,067 4,170 6,687 10,481 2,247 4,256 3,363 2,349 13,269 566 2,045 4,274 3,222 632 974 838 4,235 1,702 885 1,536 1,725,100 1,193,871 II,986,735 26,470 17,435 235,032 33,810 24,118 238,571 20,025 20,700 125,682 12,236 5,499 20,676 31,987 2,480 1,472 136,324 470 75 108 5,579 150 1,750 400 150 2,292 590 100 1,100 1,529 301 25 227 300 320 110 368 622 25,929 5,785 6,974 97,012 44 11 Total capital accounts Net deDemand mand de- deposits posits adjusted subject to (see footreserve note on (see page 1) page 18) ,624,007 77,298,285 70,051,375 Total, all States New England: Maine 153,770 150,774 29,207 New Hampshire 113,866 19,235 111,303 Vermont 55,171 13,726 50,479 Massachusetts 332,066 2,556,223 2,289,750 Rhode Island 351,905 358,963 47,180 Connecticut 648,840 81,556 618,165 Middle Atlantic: New York 2,666,665 22,351,060 18,100,187 New Jersey 273,450 1,820,031 1,890,270 Pennsylvania 901,733 5,143,647 4 , 7 7 6 , — East North Central: Ohio 390,334 3,314,633 3,199,220 Indiana 121,731 1,310,190 1,350,005 Illinois 645,470 6,782,443 5,897,340 Michigan 231,460 2,082,456 1,999,781 903,745 Wisconsin 116,767 954,098 West North Central: Minnesota 126,997 1,211,447 1,024,172 727,669 Iowa 67,325 761,943 1,641,603 Missouri 189,067 2,141,29/ 166,223 North Dakota 11,652 159,352 238,378 South Dakota 15,617 226,224 584,255 Nebraska 670,060 50,316 776,826 Kansas 749,614 54,212 South Atlantic: 210,136 Delaware 33,508 213,526 628,700 Maryland 686,511 76,342 662,441 District of Columbia 678,872 62,253 738,039 Virginia 781,859 108,957 457,436 West Virginia 56,065 436,914 607,516 North Carolina 660,411 59,259 330,110 South Carolina 315,543 22,632 701,292 Georgia 778,729 72,033 888,772 Florida 80,774 East South Central: 580,214 Kentucky 655,160 67,330 798,419 Tennessee 884,018 84,721 644,835 Alabama 62,900 633,370 181,165 Mississippi 178,057 16,684 West South Central: 349,506 Arkansas 340,811 30,928 776,574 Louisiana 847,347 61,675 Oklahoma 87,108 1,013,729 1,052,780 Texas. 313,071 3,828,679 3,826,510 Mountain: 321,955 Montana 315,199 20,687 253,926 Idaho 242,211 15,642 134,662 Wyoming 122,394 11,020 608,864 Colorado 607,591 56,083 174,915 New Mexico 157,071 10,699 256,681 Arizona 250,475 14,767 268,054 Utah 283,453 25,206 93,388 Nevada 87,675 7,643 Pacific: Washington 92,541 1,057,477 1,031,546 719,638 Oregon 727,036 67,752 California 619,961 6,100,079 5,864,237 Mutual 1,477 16,301 State Savings Banks. OF BANKS LOCATED IN FEDERAL RESERVE DISTRICT SPECIFIED 265,934 3,125,953 285,608 3,060,459 93,002 963,491 232,619 886,164 1,855,034 9,632,636 4,035,559 1,731,015 1,165,067 131,536 1,347,354 301,858 650 151 300 200 25 210 57 108 137 3,046 56 671 90 5,664 166 ' 50 1,581 15,067 557 17,852 553 3,898 635 3,528 5,708 41,296 20,482 4,789 2,039 443 3,971 3,049 267,572 3,141,778 286,316 3,078,748 93,755 970,435 233,310 890,388 1,860,832 9,679,596 4,056,417 1,735,902 1,167,156 131,979 1,351,794 304,907 7,856 78,072 8,350 118,585 4,290 15,051 4,863 18,240 33,737 202,100 71,209 34,955 22,945 2,756 25,768 4,900 ' 8,102 91,056 10,253 176,141 6,455 22,326 7,924 25,423 44,893 250,856 93,679 39,477 21,014 2,651 31,030 5,687 2,719 37,263 3,701 50,751 1,894 9,485 711 8,594 20,575 86,798 35,721 23,334 16,775 298 22,784 1,681 1,116 13,498 1,103 27,558 1,255 1,600 265 1,639 4,999 64,871 19,583 8,459 2,019 1,058 5,506 785 19,793 219,889 23,407 373,035 13,894 48,462 13,763 53,896 104,204 604,625 220,192 106,225 62,753 6,763 85,088 13,053 151,624 1,437,714 192,650 1,948,124 48,740 675,465 143,556 544,787 1,141,377 6,406,800 2,030,852 879,781 832,536 85,786 995,312 219,430 149,647 Connecticut—Dist. No. 2 1,481,373 New Jersey—Dist. No. 2 211,646 Kentucky—Dist. No. 4 1 , 8 2 2 , 2 8 6 Pennsylvania—Dist. No. 4 51,032 West Virginia—Dist. No. 4 601,047 Louisiana—Dist. No. 6 141,820 Mississippi—Dist. No. 6 511,581 Tennessee—Dist. No. 6 1,173,477 Indiana—Dist. No. 7 5,539,907 Illinois—Dist. No. 7 1,939,832 Michigan—Dist. No. 7 819,615 Wisconsin—Dist. No. 7 554,328 Missouri—Dist. No. 10 93,579 New Mexico—Dist. No. 10 1,030,941 Oklahoma—Dist. No. 10 224,606 Arizona—Dist. No. 12 i8 ALL MEMBER BANKS—RESERVE POSITION ON JUNE 30, 1948 [In thousands of dollars] Gross demand deposits All member banks. . Central reserve city banks. Deductions allowed in computing reserves' Net demand deposits s%to Reserves with Federal Reserve Banks Time Total 2 Ratio of Ratio of total required reserves reserves to net to net demand demand plus time plus time deposits deposits (per cent)5i (per cent) Required3 Excess 88,582,788 11,284,503 77,298,285 28,869,445 17,356,081 16,682,856 673,225 16.3 15.7 5,985 22.3 22.2 26,758,488 2,329,600 24,428,888 Reserve city banks 32,821,363 4,720,681 28,100,682 11,327,479 6,462,250 6,299,785 162,465 16.4 16.0 Country banks 29,002,937 4,234,222 24,768,715 14,900,027 4,866,397 4,-361,622 504,775 12.3 11.0 All member banks, by districts: Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco 4,179,469 26,287,210 4,368,666 6,323,949 4,130,161 4,361,887 12,915,825 3,549,544 2,427,306 4,964,273 5,122,015 9,952,483 485,186 3,694,283 2,346,812 23,940,398 577,300 3,791,366 819,802 5,504,147 618,791 3,511,370 696,294 3,665,593 1,695,072 11,220,753 519,274 3,030,270 389,163 2,038,143 900,980 4,063,293 1,000,707 4,121,308 1,235,122 8,717,361 1,288,183 5,372,755 1,955,273 3,158,394 1,299,852 1,113,005 5,497,775 948.975 925,948 667,900 582,916 6,058,469 731,062 5,753,822 831,422 1,239,062 744.717 730,987 2,637,063 602,689 428,036 799,756 806,594 2,050.871 695,559 5,691,938 762,734 1,165,793 677,399 681,154 2,553,551 577,832 391,271 742,314 731,022 2,012,289 35,503 61,884 73,269 67,318 49,833 83,512 24,857 36,765 57.442 75,572 38,582 14.7 19.6 14.5 14.3 15.5 15.3 15.8 15.1 14.4 16.9 17.1 13.9 14.0 19.4 13.3 13.5 14.1 14.3 15.3 14.5 13.2 15.7 15.5 13.6 Central reserve city banks: New York Chicago 21,670,797 5,087,691 1,778,071 19,892,726 551,529 4,536,162 1,690,774 951,165 4,883,008 1,144,426 4,875,700 1,145,749 7,308 -1,323 22.6 20.9 22.6 20.9 Reserve city banks, by districts: Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis . .. . ; Minneapolis Kansas City Dallas ? San Francisco 1,859,510 545,678 2,199,319 3,922,821 2,089,, 2,016,678 3,892,386 1,903,096 1,020,342 2,754,908 2,488,443 8,128,874 175,028 68,262 288,884 494,332 292,370 330,168 573,020 292,163 180,781 531,925 504,047 989,701 1,684,482 477,416 1,910,435 3,428,489 1,796,938 1,686,510 3,319,366 1,610,933 839,561 2,222,983 1,984,396 7,139,173 191,628 301,947 237,878 1,416,140 430,563 406,660 1,995,022 334,916 178,976 359,004 370,232 5,104,513 363,868 111,582 410,761 788,811 403,580 382,277 794,139 341,366 184,349 481,296 450,087 1,750,134 348,394 113,600 396,360 770,666 385,221 361,702 783,575 342,281 178,651 466,137 419,093 1,734,105 15,474 -2,018 14,401 18,145 18,359 20,575 10,564 -915 5,698 15,159 30,994 16,029 19.4 14.3 19.1 16.3 18.1 18.3 14.9 17.5 18.1 18.6 19.1 14.3 18.6 14.6 18.4 15.9 17.3 17.3 14.7 17.6 17.5 18.1 17.8 14.2 Country banks, by districts: Boston New York Philadelphia Cleveland Richmond Atlanta Chicago ' St. Louis Minneapolis Kansas City Dallas San Francisco 2,319,959 4,070,735 2,169,347 2,401,128 2,040,853 2,345,209 3,935,748 1,646,448 1,406,964 2,209,365 2,633,572 1,823,609 310,158 500,479 288,416 325,470 326,421 366,126 570,523 227,111 208,382 369,055 496,660 245,421 2,009,801 3,570,256 1,880,931 2,075,658 1,714,432 1,979,083 3,365,225 1,419,337 1,198,582 1,840,310 2,136,912 1,578,188 1,096,555 3,380,034 1,717,395 1,742,254 869,299 706,345 2,551,;-" 614,059 746,972 308,896 212,684 953,956 367,194 759,232 420,661 450,251 341,137 348,710 698,498 261,323 243,687 318,460 356,507 300,737 347,165 702,638 366,374 395,127 292,178 319,452 624,227 235,551 20,029 56,594 54,287 55,124 48,959 29,258 74,271 25,772 31,067 42,283 44,578 22,553 11.8 10.9 11.7 11.8 13.2 13.0 11.8 12.9 12.5 14.8 15.2 11.9 11.2 10.1 10.2 10.3 11.3 11.9 10.5 11.6 10.9 12.9 13.3 11.0 ject to reserve 2,641,939 6,027,434 6,021,449 212,620 276,177 311,929 278,184 68,688 STATE MEMBER BANKS-ASSETS AND LIABILITIES ON JUNE 30, 1948, BY FEDERAL RESERVE DISTRICTS [Amounts in thousands of dollars] Federal Reserve district Total Boston New York Philadelphia Cleveland Rich- Atlanta Chicago St. Louis ASSETS 31,811,283 1,238,253 5,081,534 ,634,096 ,796,975 ,445,085 540,213 4,256 039 ,266,720 Loans and investments 11,627,927 423,226 5,907,496 556,881 916,395 553,921 224,419 1,211, 520 525,761 Loans (including overdrafts) .. " " 18,044,915 759,166 8,385,000 897,660 ,651,182 802,772 264,385 2,621,968 649,160 United States Government direct obligations 640 117 37 5 8 344 1,606 3,165 212 Obligations guaranteed by United States Government 165 98,079 121,510 43,620 37,736 42,526 272,1 1,231,688 20,721 419,563 Obligations of States and political subdivisions 666 42,702 6,784 143,6 70,535 101,602 46,672 782,708 30,388 293,072 Other bonds, notes, and debentures 6,0 080 5,360 10,904 2,094 3,976 5,942 4,540 120,880 74,797 Corporate stocks (including Federal Reserve Bank stock) ,r 9,887,841 310,867 4,943,757 500,680 741,080 500,824 189,741 ,119 ,847 427,212 Reserves, cash, a n d bank balances 6,057,424 167,794 3,374,207 284,140 408,683 270,102 85,673 653, 456 215,957 Reserve with Federal Reserve Banks 917 80,9 21,561 30,298 67,002 37,301 13,801 33,088 500,943 162,693 Cash in vault • Demand balances with banks in United States (except private banks and American 86,843 77,521 131,115 98,179 64,074 252,723 1,241,752 57,697 171,324 branches of foreign banks) 113 167 649 843 I,"" 62 303 8,448 3,286 Other balances with banks in United States 30 133 77 54 5 5 9,337 186 8,048 Balances with banks in foreign countries 95,021 26,126 131,969 102,708 106,936 133,360 2,069,937 51,799 1,224,199 Cash items in process of collection 818 818 Due from own foreign branches 9,047 17,418 22,874 7,161 24,086 23,908 17,297 145,870 294,927 Bank premises owned and furniture and fixtures 928 38 363 441 228 177 199 4,146 1,083 Other real estate owned 4,117 1,522 2,048 1,894 1,078 14,513 3,493 Investments and other assets indirectly representing bank premises or other real estate... 102 509 91 191 171 606 3,118 79,137 70,329 Customer's liability on acceptances 1,970 4,561 7,408 5,229 3,065 933 2,964 49,384 82,334 Income accrued but not yet collected 4,490 3,179 3,841 3,477 2,575 1,799 1,454 16,031 41,431 Other assets 42,216,430 ,575,230 20,312,299 2,170,801 3,572,214 ,973,230 740,630 5,412,926 1,709,158 Total assets. LIABILITIES Demand deposits Individuals, partnerships, and corporations United States Government. States and political subdivisions Banks in United States Banks in foreign countries Certified and officers' checks, cash letters of credit, and travelers' checks, etc. Time deposits ; Individuals, partnerships, and corporations United States Government Postal savings : States and political subdivisions Banks in United States . Banks in foreign countries Total deposits Due to own foreign branches Bills payable, rediscounts, and other liabilities for borrowed money Acceptances outstanding Dividends declared but not yet payable Income collected but not yet earned Expenses accrued and unpaid Other liabilities 29,388,420 993,098 ,450,441 ,518,785 ,982,615 ,393,467 23,072,290 853,454 ,847,158 330,946 ,676,602 056,543 57,725 27,848 52,155 271,076 24,359 605,018 42,275 110,406 138,933 1,438,503 54,956 466,927 70,885 100,125 145,741 29,524 ,710,007 2,860,207 41 1,234 1,156 653,159 632,181 1,248 22,483 36,523 23,246 759,243 29,557 523,092 9,310,506 436,523 ,803,459 444,513 ,350,241 436,204 9,091,166 435,770 ,757,758 419,895 ,305,888 424,394 609 254 3,364 357 8,864 15,271 34 163 146 10 93 1,099 23,944 7,947 43,543 187,668 25,424 253 31 410 336 1,953 5,852 50 9,450 9,450 38,698,926 1,429,621 18 ,253,900 1,963,298 3,332,856 ,829,671 25,747 25,747 387 700 1,390 1,620 9,962 2,600 191 91 171 79,285 88,952 3,413 1,030 323 652 17,785 592 12,524 2,728 4,747 3,212 16,910 45,273 2,946 7,232 5,668 9,582 106,490 52,646 6,522 826 4,721 2,015 113,984 2,508 132,042 San Minne- Kansas Dallas apolis City Francisco 339,401 101,131 216,754 61 14,320 6,656 479 96,256 51,531 6,396 31,318 23 1 6,987 ,154,537 802,705 ,241,376 6 77,449 28,263 4,738 606,166 340,292 26,893 646,947 242,282 343,459 4 50,179 9,917 1,106 280,275 131,274 9,077 77,076 75,479 66 270 49 118 62,460 9,311 118,403 886 631 119,061 18,606 109 234 4,020 5,332 2,950 1,347 2 3,183 80 124 4,130 498 3 335 938 1,087 215 320 228 437,569 932,634 587,785 2,791,954 550,467 ,058,483 1,264,991 283,978 783,741 425,853 ,492,680 913,708 223,082 508,438 6,293 11,561 29,766 8,214 82,513 62,414 39,907 87,515 66,955 227,155 235,823 11,229 170,177 45,373 200,893 1,416 16 1,506 168 5,810 3,451 21,864 3,904 53,736 138,726 ,053,468 324,061 130,868 96,418 129,157 95.891 133,256 ,017,700 320,808 171 986 263 351 18 29 554 28 1,511 2,234 34,609 3,986 15 342 1,105 ,958 ,612,396 972 ,325,854 29,099 409 89,564 496 536 124,894 13,677 276 29,308 269 ,033 ,036,992 509 995,140 23 6 11 6 40,433 487 1,385 25 689,193 5,111,951 1,589,052 414,846 880,159 554,991 2,649,388 715 606 258 1,304 1,473 365 210 509 952 5,678 9,259 3,093 300 2,040 102 608 2,207 3,827 1,465 15 200 335 54 116 425 1,085 315 203 787 81 4,584 647 4,713 8,074 2,615 39,125,177 1,448,202 18,556,616 1,975,692 3,350,723 1,845,076 693,914 5,131,652 1,599,301 415,450 882,400 556,130 2,670,021 Total liabilities CAPITAL ACCOUNTS Capital Surplus Undivided profits Other capital accounts. Total capital accounts Total liabilities and capital accounts 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 953,888 1,438,595 554,467 144,303 3,091,253 1,181 17,893 12,005 16,521 11,953 13,918 6,563 1,902 1,134 49,009 49,242 22,418 1,264 22,119 50,234 31,655 121,933 43,554 39,149 23,029 4,125 7,942 7,854 5,142 2,116 85,169 103,957 55,759 36,389 46,716 281,274 109,857 510,268 880,398 311,861 53,156 56,426 97,916 33,228 7,539 78,288 97,242 33,944 12,017 38,940 61,085 20,486 7,643 14,971 21,966 7,663 127,028 1,755,683 195,109 221,491 128,154 39,423 51,312 20,456 15,837 42,216,430 1,575,230 20,312,299 2,170,801 3,572,214 1,973,230 740,630 5,412,926 ,709,158 437,569 932,634 587,785 2,791,954 26,077,920 23,200,099 2,755,650 1,927 883,628 14,054,918 1,334,328 1,718,140 1,200,267 460,267 2,674,337 1,075,440 245,673 644,205 411,168 1,375,549 886,168 11,612,978 1,288,768 1,690,171 1,123,701 470,586 2,641,602 895,278 259,453 539,303 466,426 1,325,665 76,371 846,019 275,811 319,427 249,298 110,860 264,257 132,588 57,229 131,076 65,419 227,295 87 142 129 131 172 67 442 138 44 253 89 233 FEDERAL RESERVE SYSTEM BOUNDARIES AND OF F E D E R A L THEIR R E S E R V E BRANCH DISTRICTS T E R R I T O R I E S 'Vtte L..^oV MINNEAPOLIS Detroit /s"» u1« Omaha CLEVELAND CHICAGO i « a »' C ' S C O Cincinnati KANSAS (> 5 CITY Louisvilley Richmond ST. LOUIS fU, •4/7,» e / e Nashvile Oklahoma City s Charlotte Memphis L i t t l e Rock * N T A D A L L A S ® \EI pas jacksonvUle = _ X ^ u ^ N e w Orleans 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 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 i t v 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 1. 1945 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
@FedFRASER