The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
Member Bank Call Report No. 75 Condition of Member Banks March 7, 1938 BOARD OF GOVERNORS of the FEDERAL RESERVE SYSTEM WASHINGTON T he M EM BER B A N K CALL REPORT is pub lished following each official call upon member banks for statements of their condition. It contains tables showing assets and liabilities and a classification of loans, investments, and deposits for all member banks (national and State) in the country as a whole, by Federal Reserve districts and by classes of banks. Tables are also given, by States and cities, showing assets and liabilities for all member banks. All figures included in this report relating to the condi tion of national banks were furnished by the Comp troller of the Currency. The abstract of condition reports of national banks issued by the Comptroller gives detailed statistical data regarding the condition of national banks. MEMBER BANK CALL REPORT Washington, M a y 3, 1938 CONDITION OF MEMBER BANKS [Amounts in thousands of dollars] Condition on— Mar. 7, 1938 Change since— Dec. 31, 1937 Mar. 31, 1937 Dec. 31, 1937 Mar. 31, 1937 ASSETS Loans (including overdrafts).------------------------------------------------------------ ------United States Government direct obligations-------------------------------------------Securities fully guaranteed b y United States Governm ent............................ Other securities.................................................... ................................... - .........— T o t a l lo a n s a n d in v e s t m e n ts ----------------- ------------- ---------- ------- ----------Customers’ liability on account of acceptances------ ----------------------------------Banking house, furniture, and fixtures------- --------------------------------------- ------Other real estate owned------------------------------------- --------------------------------------Reserve with Federal Reserve banks........... ...................................................... Cash in vault----- ------- ------------------------------------ --------------------------------- -------Balances with private banks and American branches of foreign banks— Demand balances with banks in N ew York C ity-------------------------------------Demand balances with other domestic banks-------------------------------------------Tim e balances with other domestic banks------------------------------------------------Balances with banks in foreign countries----------- --------------------------------------Due from own foreign branches------------- ------------------------ -------------------------Cash items in process of collection--------------------- --------------------------------------Cash items not in process of collection------------------------------------------------- ----Acceptances of other banks and bills sold with endorsement--------------------Securities borrowed.............................. ....................... .............. - -----------------------Other assets....... ............................ . ................- ..................................... ................. 13, 546, 245 10, 625, 221 1, 826, 966 5, 522, 737 31,521,169 134,473 971, 875 341,875 7, 248,811 603, 541 29,110 1, 377,425 2,084,157 70, 416 81, 737 2, 326 1, 406, 710 7,179 39, 036 943 244,090 13, 957, 823 10, 574,143 1, 797, 407 5, 422, 382 31,751,755 154, 504 971,465 342, 694 7,005, 209 589, 457 24, 787 1, 289, 310 2, 030,475 69,818 69, 723 3, 578 2, 259, 351 8, 869 41, 226 895 172, 396 13, 699, 294 10, 856, 351 1, 861, 336 6,108,022 32, 525, 003 202,067 981, 712 368, 868 6, 613, 340 662, 310 27, 314 1, 263,080 2,049,439 105, 539 52, 641 3, 787 1, 973, 621 9, 857 11,087 1,065 215, 834 -411, 578 +51,078 +29, 559 +100,355 -230,586 -20,031 +410 -819 +243, 602 +14,084 + 4, 323 +88,115 +53,682 +598 +12,014 -1 ,2 5 2 -852, 641 -1 ,6 9 0 -2 ,1 9 0 +48 +71,694 -153,049 -231,130 -34,370 -585, 285 -1,003,834 -6 7 , 594 -9,837 -26,993 +635, 471 -5 8 , 769 +1, 796 +114,345 +34, 718 -35,123 +29,096 -1,461 -566, 911 - 2 , 678 +27, 949 -1 22 +28, 256 T o t a l a ssets------------------------------------------------------------------------------------ 46,164, 873 46, 785, 512 47, 066, 564 -620, 639 -901, 691 D e m a n d d e p o s its —T otal-----------------------------------------------------------------------Individuals, partnerships, and corporations---------------------------------------United States Governm ent------- ------------- --------------- ----------------------------States, counties, and municipalities------------------------ ----------- --------------Banks in United States----------- ----------------------------------------------------------Banks in foreign countries___________________________________________ Certified and officers’ checks, cash letters of credit and travelers’ checks, etc— ---------------------------------- ---------- ---------------------------- -------T im e d e p o s its —T otal----------------------------------------------------------------------------Individuals, partnerships, and corporations: Evidenced b y savings pass books___________________________ ____ Certificates of deposit---------------------------- ------------------------------ -------Open accounts___________________________________________________ Christmas savings and similar accounts---------------------------------------Postal savings_________________________________ ______________________ States, counties, and municipalities. ----------- . . --------------------- ------- ------Banks in United States-------------- -------------------------------------------------------Banks in foreign countries---------- ------- _------------- --------------------------------- 28, 652, 321 19,116, 334 752,141 2, 236, 537 5, 614,646 366, 265 29, 317,024 19, 747, 450 781,034 2,131,984 5,436,442 452, 772 29, 950,160 20, 084, 779 414, 722 2, 564,303 5, 751, 796 457,911 -664, 703 -631,116 -2 8 , 893 +104, 553 +178, 204 -8 6 , 507 -1,297,839 -968,445 +337,419 -327, 766 -137,150 -91,646 566, 398 11,594,357 767, 342 11,521,632 676, 649 11,164,318 -200,944 +72,725 -110, 251 +430, 039 9,476, 590 739, 211 573,094 56, 278 89, 588 512,129 136, 666 10,801 9,461,126 740, 327 575,832 28, 761 94, 653 481, 721 128, 641 10,571 9,105,389 758, 293 712, 380 63,082 97,371 268,739 152, 766 6, 298 +15,464 -1 ,1 1 6 - 2 , 738 +27, 517 -5 ,0 6 5 +30,408 +8,025 +230 +371, 201 -19,082 -139,286 - 6 , 804 - 7 , 783 +243, 390 -16,100 + 4, 503 T o ta l d e p o s its -------------------------------- ------------- - ................ - ------- -----------------Secured b y pledge of loans and/or investments----------------------------------N ot secured b y pledge of loans and/or investments----------------------------- 40,246, 678 2,970,498 37, 276,180 40, 838, 656 2,969,035 37,869, 621 41,114, 478 2, 817,942 38, 296, 536 -591, 978 +1,463 -593,441 -867,800 +152, 556 -1,020,356 Due to own foreign branches-------------------------- . ------------- --------------------------Agreements to repurchase securities sold.------- -----------------------------------------Bills payable and rediscounts------------------------- --------------------------------------Acceptances of other banks and bills sold with endorsement--------------------Acceptances executed for c u s t o m e r s .-----------------------------------------------------Acceptances executed b y other banks for reporting banks------------------------Securities borrowed_____________________ ________- .............. - .......................... Interest, taxes, and other expenses accrued and unpaid........... ...................... Dividends declared but not yet payable and amounts set aside for unde clared dividends and for accrued interest on capital notes and debentures Other liabilities---------------------------------- ------------------------ --------------------- -------Capital notes and debentures------ --------------------------------------------------------Capital stock (for par value see p. 3 )................................................................... Surplus____________________ _______- ------- ------------------ ------- -----------------------Undivided profits—net-----------------------------------------------------------------------------Reserves for contingencies----------------- ------- ----------------------------------- ------- — Retirement fund for preferred stock and capital notes and debentures------ 129,332 4,947 27,919 39,036 132, 758 12, 473 943 93,062 117, 510 2,195 12,426 41, 226 157, 592 16,019 895 76, 306 84,142 5,873 17, 740 11,087 200,864 25, 225 1,065 98, 510 +11,822 + 2, 752 +15,493 -2 ,1 9 0 -24,834 - 3 , 546 +48 +16,756 +45,190 -9 26 +10,179 +27,949 -68,106 -1 2 , 752 -1 22 -5 ,4 4 8 17, 762 108,116 51, 274 2, 375, 784 2,020, 279 611, 508 276,927 16,075 43,423 108,089 52,006 2, 378, 600 2,010,421 602, 430 311, 355 16, 363 33,216 149,689 71,057 2,383,209 1, 952, 805 580,907 325,125 11, 572 -2 5 . 661 +27 -7 32 -2 ,8 1 6 +9, 858 +9,078 -3 4 , 428 -2 88 -15,454 -4 1 , 573 -1 9 , 783 -7 ,4 2 5 +67, 474 +30,601 -48,198 +4, 503 T o t a l lia b ilit ie s (in c lu d in g c a p ita l a c c o u n t ) ------------------- ------- 46,164,873 46, 785, 512 47,066, 564 -620, 639 -901, 691 Net demand deposits (see page 10)--------------------- ---------- - .......... 1-------------Dem and deposits—adjusted1------------------------------------------------------------------N umber of banks________________________________________________________ 23, 789,968 20, 512, 559 6,335 23, 740, 652 20, 387,425 6, 341 24, 668, 338 21,352,110 6, 367 +49, 316 +125,134 -6 -878, 370 -839, 551 -3 2 LIABILITIES i Dem and deposits other than interbank and U. S. Government, less cash items reported as in process of collection and, prior to Dec. 31, 1935, ; cash items reported on hand but not in process of collection. (i) 2 ALL MEMBER BANKS— CONDITION ON SELECTED CALL DATES, JUNE 30, 1933 TO MARCH 7, 1938 [Amounts in thousands of dollars] 19331 June 30 1934 March 5 1935 March 4 1936 March 4 1937 March 31 1937 Dec. 31 1938 March 7 Loans (including overdrafts)_____________________________ 12, 858, 099 United States Government direct obligations____________ 6, 887,123 Securities fully guaranteed b y United States Government. Other securities__________________________________________ 5, 041, 149 Total loans and investm ents_________________________ 24, 786, 371 Customers’ liability on account of acceptances___________ 424, 263 982, 036 Banking house, furniture, and fixtures___________________ 227, 074 Other real estate owned__________________________________ 2, 235,179 Reserve with Federal Reserve banks____________________ Cash in vault____________________________________________ 404, 502 Balances with private banks and American branches of foreign banks__________________________________________ (2) Demand balances with banks in New York C ity________ 826, 636 Demand balances with other domestic banks____________ 1,181, 582 Tim e balances with other domestic banks_______________ (2) Balances with banks in foreign countries_________________ 108, 070 Due from own foreign branches__________________________ 106, 041 Cash items in process of collection_______________________ Cash items not in process of collection___________________ ■ 1,485,343 Redemption fund and due from United States Treasurer,. 37, 261 Acceptances of other banks and bills sold with endorse m ent___________________________________________________ 7, 948 Securities borrowed______________________________________ 6, 654 Other assets______________________________________________ 227, 820 12, 705, 759 8, 667, 064 180, 888 4, 994, 500 36, 548, 211 395, 503 982, 606 290, 329 3,148,124 486, 086 11, 953,152 9, 820, 993 1,199, 664 5, 297, 641 38, 371, 450 217, 545 1, 003, 788 324, 369 4, 517, 625 534, 293 12, 098, 516 10, 564, 400 1, 879, 722 5, 745, 350 30, 387, 988 167, 534 998, 653 371, 344 5, 784, 077 623, 518 13, 699, 294 10, 856, 351 1, 861, 336 6,108, 022 33, 535,003 202, 067 981, 712 368, 868 6, 613, 340 662, 310 13, 957, 823 10, 574,143 1, 797, 407 5, 422, 382 31, 751, 755 154, 504 971, 465 342, 694 7, 005, 209 589, 457 13, 546, 245 10, 625, 221 1, 826, 966 5, 522, 737 31, 531,169 134, 473 971, 875 341, 875 7, 248,811 603, 541 38, 070 (2) 1, 416, 791 1, 676, 670 1, 849, 269 2 , 136, 395 120, 334 119, 033 135,190 56, 429 3, 000 38, 083 1,474, 792 / 1,718,306 10, 052 32, 620 27, 314 1, 263,080 2, 049, 439 105, 539 52, 641 3, 787 1, 973, 621 9, 857 24, 787 1, 289, 310 2, 030, 475 69, 818 69, 723 3, 578 2, 259, 351 8, 869 29,110 1, 377, 425 2,084,157 70,416 81, 737 2, 326 1, 406, 710 7,179 24, 741 6,099 258, 612 2, 602 2, 009 327, 397 7, 221 720 241,688 11,087 1,065 215, 834 41,226 895 172, 396 39, 036 943 244, 090 33, 046, 780 35, 925, 284 40, 268,157 44, 240, 698 47, 066, 564 46, 785, 512 46,164, 873 17, 583, 067 11,830, 246 806, 297 1, 087, 329 3, 056, 527 145, 750 19, 864, 013 12, 251, 863 1, 790, 401 1, 424, 731 3, 675, 699 172, 768 34, 008, 376 14, 872,114 1, 269, 713 1,861,412 5, 095, 059 169, 424 38, 031, 554 17, 927, 045 599, 587 2,173, 455 6,148, 144 394, 026 29, 950,160 20, 084, 779 414, 722 2, 564, 303 5, 751, 796 457,911 29, 317, 024 19, 747, 450 781, 034 2,131, 984 5, 436, 442 452, 772 28, 652, 321 19, 116, 334 752, 141 2, 236, 537 5, 614, 646 366, 265 656, 918 8, 980, 860 548, 551 9, 416,145 740, 654 10, 045, 397 779, 297 10, 451, 894 676, 649 11,164, 318 767, 342 11, 521, 633 566, 398 11, 594,357 6,127,412 1,037, 747 3 578, 812 58, 656 788, 492 299, 659 89, 084 6, 746, 532 879, 665 s 595, 249 36,162 754, 595 304, 926 91, 846 7,170 7, 745, 809 884, 424 533, 198 39, 708 399, 113 290, 033 145,105 7, 907 8, 309, 030 833, 941 596,197 44, 548 167,114 343,873 151, 833 5, 358 9,105, 389 758, 293 712, 380 63, 082 97, 371 268, 739 152, 766 6, 298 9, 461,126 740, 327 575, 832 28, 761 94, 653 481, 721 128, 641 10, 571 9, 476, 590 739,211 573, 094 56, 278 89, 588 512,129 136, 666 10, 801 Total deposits_________________________________________ Secured b y pledge of loans and /or investments______ N ot secured b y pledge of loans and /or investments 36, 563,937 (4) (4) 39, 380,158 4, 016, 730 25, 263, 428 34, 053, 673 3, 312, 720 30, 740, 953 38, 473, 448 2, 773, 520 35, 699, 928 41,114, 478 2, 817, 942 38, 296, 536 40, 838, 656 2, 969, 035 37, 869, 621 40, 246, 678 2, 970, 498 37, 276,180 Due to own foreign branches____________________________ National bank notes outstanding________________________ Agreements to repurchase securities sold_________________ Bills payable and rediscounts____________________________ Acceptances of other banks and bills sold with endorse ment_______________________________________*__________ Acceptances executed for customers______________________ Acceptances executed b y other banks for reporting banks. Securities borrowed____________________________ _________ Interest, taxes, and other expenses accrued and unpaid___ Dividends declared but not yet payable and amounts set aside for undeclared dividends and for accrued interest on capital notes and debentures________________________ Other liabilities__________________________________________ Capital notes and debentures____________________________ Capital stock (for par value see page 3)__________________ Surplus__________________________________________________ Undivided profits—net___________________________________ Reserves for contingencies________________________________ Retirement fund for preferred stock and capital notes and debentures_____________________________________________ 23, 529 727,110 14, 244 191, 228 44, 667 786, 514 10,193 90, 941 957 623, 585 8,130 16, 553 70, 831 84, 142 117, 510 129, 332 13, 493 10, 776 5, 873 17, 740 2,195 12, 426 4, 947 27, 919 7, 948 434, 997 7, 302 6, 654 67, 111 24, 741 413, 794 10, 441 6, 099 88, 330 2, 602 225, 000 10,166 2, 009 79, 444 7, 221 164, 302 19, 280 720 81, 244 11,087 200, 864 25, 225 1, 065 98, 510 41, 226 157, 592 16, 019 895 76, 306 39, 036 132, 758 12, 473 943 93, 062 (4) 165, 648 2, 220, 330 1, 847, 462 373, 258 396, 032 (4) 163, 544 125, 673 2, 378,117 1, 724, 409 376, 282 401, 381 12, 674 126, 055 119, 077 2, 560, 582 1, 654, 606 419, 272 351, 586 16, 830 200, 328 109, 827 2, 511, 884 1, 721, 348 493,141 339, 405 33, 216 149, 689 71,057 2, 383, 209 1, 952, 805 580, 907 325,125 43, 423 108, 089 52, 006 2, 378, 600 2, 010, 421 602, 430 311,355 17, 762 108,116 51, 274 2, 375, 784 2, 020, 279 611, 508 276, 927 2,186 6, 620 11, 572 16, 363 16, 075 T o ta l lia bilities (in clu d in g c a p ita l a c c o u n t )__ 33, 046, 780 35, 935, 284 40, 368,157 44, 240, 698 47, 066, 564 46, 785, 513 46,164, 873 Net dem and deposits (See p. 10)________________________ Demand deposits—adjusted8 ____________________________ Number of banks________________________________________ 14, 156, 304 12, 089,150 5, 606 15, 582, 434 13, 066, 150 6, 206 15, 999, 388 6, 422 22, 498, 578 19,161, 491 6, 377 24, 668, 338 21,352, 110 6, 367 23, 740, 652 20, 387, 425 6, 341 23, 789, 968 20, 512, 559 6, 335 ASSETS T o ta l assets _ (2) 954,090 1, 349, 359 72, 520 111,282 98, 053 1,158, 995 LIABILITIES D e m a n d d e p o sits — T otal_____________________________ Individuals, partnerships, and corporations_________ United States Governm ent_________________________ States, counties, and municipalities_________________ Banks in United States______________________________ Banks in foreign countries___________________________ Certified and officers’ checks, cash letters of credit and travelers’ checks, etc______________________________ T im e d e p o sits —T o t a l_________________________________ Individuals, partnerships, and corporations: Evidenced b y savings pass books________________ Certificates of deposit___________________________ Open accounts___________________________________ Christmas savings and similar accounts_________ Postal savings_______________________________________ States, counties, and. municipalities__________________ Banks in United States______________________________ Banks in foreign countries___________________________ (5) 1 Beginning with 1933, figures relate to licensed banks only. 2 Included in “ Other assets.” *<■>, l l Dm ^ es which was deferred b y agreement with depositors or otherwise, aggregating $33,418,000 on June 30 1933 and $34,030,000 on M arch 5, 1934. Such deposits were reported separately from June 30, 1933, to June 30, 1934 incluS ve ’ 4 Not reported separately. ’ 5 Included in “ Undivided profits.” 6 Demand deposits other than interbank and U. S. Government, less cash items reported as in process of collection and prior to Dec 31 193^ less cash items reported on hand but not m process of collection. pnor io u e c . d i , 3 ALL MEMBER BANKS— CLASSIFICATION OF LOANS, INVESTMENTS, BORROWINGS AND CAPITAL STOCK ON SELECTED CALL DATES, JUNE 30, 1933, TO MARCH 7, 1938 [In thousands of dollars] 19331 1934 1935 1936 1937 1937 1938 June 30 Mar. 5 Mar. 4 Mar. 4 Mar. 31 Dec. 31 Mar. 7 12,858,099 12, 705, 759 11,953,152 12,098,516 13, 699,294 13,957,823 13, 546,245 349,802 25,901 156,511 225,493 290, 750 24, 604 87, 244 329, 728 Acceptances of other banks payable in United States------------------- --Bills, acceptances, etc., payable in foreign countries-------------------------Commercial paper bought in open m arket............ . . ............................ Loans to banks_ _ . _ _______ _ _____ _ _______ _______ 234, 996 34,085 255, 308 133, 217 163,808 24, 916 279,802 81,611 169, 625 22, 308 386, 362 99,009 125, 835 22, 502 363, 597 69,943 101, 745 19,006 367,808 95, 690 Loans on securities exclusive of loans to banks—T ota l----------------------- 4, 704, 362 4, 498,910 4,090, 752 4,131, 575 4, 233,113 3, 702, 622 3, 542, 700 788, 315 855, 242 875, 445 1,088,688 1,159,169 674, 501 738,123 164, 511 163, 599 183, 836 211, 228 257,811 212,079 203,088 3, 751, 536 3,480,069 3,031, 471 2, 831, 659 2, 816,133 2, 752,420 2, 665,111 T o brokers and dealers in New Y ork---- ---------- --------------------------T o brokers and dealers elsewhere---------- --------------------- ---------------Real estate loans: 252, 664 308, 352 298,108 262, 757 259, 819 264,924 268, 786 On other real estate_____________________ ______________________ 2, 064,089 2,083, 643 1, 987,122 2, 048, 248 2,180,680 2, 282, 503 2, 287,036 191,802 250,051 207, 300 156, 389 128,494 129, 695 118, 730 Reporting banks’ own acceptances ._. _____________________________ Agricultural loans (except loans on farm l a n d ) --------------------------------- |4, 857,168 4, 817, 340 4, 747, 615 4, 959, 503 6, 219, 884 / 500,058 }6, 744, 744 \6, 496,144 All other loans (including overdrafts)-----------------------------------------------United States G overnm ent direct obligations— Total — 6, 887,123 8, 667, 064 9, 820,993 10,564, 400 10, 856,351 10,574,143 10, 625,221 ------ ------- [2, 468, 878 2, 312,090 2,473,115 2, 463, 523 Treasury bonds maturing on or before December 31, 1949 ---------------Treasury bonds maturing after December 31, 1949----------------------------- U 725,142 4, 372, 649 4, 630, 529 1, 297,094 3, 549, 675 3,123, 111 3,017, 588 44,092 1 27,819 39,104 49, 583 Other United States bonds__________________________________________ J 2,048, 681 2, 723, 659 4, 226,084 5,443, 655 4,029, 783 4, 277,041 4, 297,442 558, 938 866, 306 554, 362 964, 380 1, 326,954 704,450 920, 711 661, 772 797,085 Treasury bills _. - _____ ________________________________ 180,888 1,199, 664 1,879, 722 1,861,336 1, 797, 407 1,826,966 Securities fully guaranteed by U. S. Governm ent— Total -------------- 180, 888 Reconstruction Finance Corporation------------------------------------------------Federal Farm Mortgage Corporation ______________________________ Home Owners’ Loan Corporation___________________________________ 5, 041,149 4,994, 500 5,297, 641 5, 745,350 6,108, 022 5, 422, 382 5,522, 737 Other securities— T o t a l ---------------------------------------------------------------------Obligations of: States, counties, municipalities, etc---------------------------------- -------Public utilities ______ ____________ __________________________ Railroads __ _____________________________________________ Hom e Owners’ Loan Corporation guaranteed b y U. S. Govern ment as to interest on ly______________________________________ Federal land banks______________ __________ _________________ Intermediate credit banks--------------------------- -----------------------------Joint stock land banks__________________________________________ Territorial and insular possessions----------------------------------------------Real estate corporations------------------------ ---------- . . . ------- --------------Other domestic corporations___________________________ _____ Stock of: Federal Reserve banks______ . . . --------------------------------- ---------Real estate corporations________________________________________ Banks and banking corporations------ --------------------------------- --------Other domestic corporations...... ............ ................... ...................... . Foreign securities: Central governments---------------- ------- ------------------------------------ -----Provincial, State, and municipal governments---------------------------Other foreign securities------. -------- ----------------------------------------------Bills payable and rediscounts— T o t a l..------------------------ ------- -----------W ith Federal Reserve banks: Bills payable __ . . ________________________________ Rediscounts _ _ _________________________________________ All other: Bills payable -____________________ ______________ Rediscounts. _ ___________ _________________ ___________________ 243,130 241, 518 208,090 255,432 261, 785 290, 242 446,335 402, 343 398, 899 401,151 666, 292 1,191,869 1, 250,903 1,143,076 1,164,030 1,744,189 1, 824, 841 1, 997, 967 2, 253,036 2, 333,836 2,031,868 2,194,153 839,950 711,673 709, 285 717,121 913, 928 794, 471 774, 717 734, 920 810,123 869, 465 992, 646 885, 643 865, 670 24, 224 19,018 74,046 554,927 134, 874 141, 296 129,160 17, 732 18, 742 73,159 494,408 200, 551 107, 896 18,069 17,063 71, 620 604,055 177, 784 121, 414 19, 080 16,196 63, 623 678, 257 150,106 130,174 19,153 14, 743 55, 597 629,914 140, 780 133, 763 17, 759 14, 628 53, 237 604,626 143,170 62,643 74, 621 I 300,721 146, 735 56,805 68,982 252,008 130,542 49, 818 65, 507 257, 799 132,173 51,118 71,405 287, 740 132, 637 55,092 74, 215 267, 467 133, 232 54,449 73, 574 283,901 f 139,103 1 | 354,579 70, 937 ( 72,623 120, 482 45,057 72, 990 132, 897 59, 742 67, 340 145, 898 54, 468 48, 456 95, 560 45, 405 40, 337 93, 614 44, 542 40,092 27,804 161,617 >1, 678, 547 136, 685 f I j 415,476 191,228 90,941 16,553 10, 776 17, 740 12,426 27,919 64,121 35,105 39,025 7, 218 5, 582 571 5,341 1,067 10, 585 1,038 7,717 1,947 11, 653 1, 438 91, 285 717 44, 390 308 10, 368 32 4, 306 62 6,117 2, 748 14 14,804 24 Par value o f capital stock— T o t a l------------------------------------- ------- --------- 2,220,330 2,379, 784 2,564,968 2,519,020 2, 370,321 2,363,001 2,359,524 362,350 561,907 342,903 266, 278 558,871 326, 300 First preferred __ . _ ______ ________________ _____ 26, 791 29,176 6, 885 26,123 25. 239 24. 955 Second preferred _ .. ____ __________________________ Common _________________________________________________________ 2, 220, 330 2,106, 621 1, 976,270 1, 930, 973 1, 981,848 1,994,8591 2,008,269 1 Beginning with 1933, figures relate to licensed banks only. 4 ALL MEMBER BANKS— CONDITION ON MARCH 7, 1938, BY CLASSES OF BANKS [Amounts in thousands of dollars] All national member banks All State member banks 245 221 966 737 8, 614,121 6, 756, 729 1, 320, 409 3, 711, 269 4,932,124 3, 868, 492 506, 557 1, 811, 468 31, 531,169 30, 402, 528 All member banks Central reserve city member banks Chicago Reserve city member banks Country member banks 730 528 759 531 614, 082 1, 007, 524 100,146 274, 795 5, 031, 074 3, 961, 604 648,048 1, 608, 981 4, 369, 2,476, 647, 2, 465, New York ASSETS Loans (including overdrafts)_________________________ United States Government direct obligations________ Securities fully guaranteed b y United States Government Other securities...._____________________________________ Total loans and investm ents________________________ Customers’ liability on account of acceptances__________ Banking house, furniture, and fixtures__________________ Other real estate owned________________________________ Reserve with Federal Reserve banks___________________ Cash in vault___________________________________________ Balances with private banks and American branches of foreign banks______ __________________________________ Demand balances with banks in New York C ity _______ Demand balances with other domestic banks___________ Tim e balances with other domestic banks______________ Balances with banks in foreign countries_______________ Due from own foreign branches____________________ ____ Cash items in process of collection______________________ Cash items not in process of collection__________________ Acceptances of other banks and bills sold with endorse ment_________________________________________________ Securities borrowed____________________________________ Other assets____________________________________________ Total assets.. 13, 546, 10, 625, 1, 826, 5, 522, 3, 531, 3,179, 431, 1,173, 359 565 013 430 11,118, 641 8, 316, 548 1, 996, 547 11,249, 707 9,958,367 134,473 971, 875 341, 875 7, 248, 811 603, 541 67, 632, 155, 4, 282, 426, 301 220 488 582 801 67,172 339, 655 186, 387 2, 966, 229 176, 740 97, 085 224, 521 33, 038 941,079 59, 499 3, 429 21, 703 6, 217 566, 393 21, 637 32,177 338,620 126, 699 2, 375, 822 212, 706 1, 782 387,031 175, 921 1, 365, 517 309, 699 29,110 1, 377, 425 2, 084,157 70, 416 81, 737 2,326 1, 406, 710 7,179 19, 039 1, 029, 421 1, 639, 228 55, 979 43, 120 2, 326 869,169 5, 034 10, 071 348, 004 444, 929 14, 437 38, 617 2,141 47, 353 45, 279 36 61, 690 3, 687 98, 986 30, 984 1,350 1, 717 537, 541 2,145 604, 989 519 84, 082 107 19, 866 717, 251 871, 852 22, 623 15, 095 2, 326 537, 566 2, 953 39, 036 943 244, 090 19, 077 178 114, 262 19, 959 765 129, 828 35, 469 660 50, 541 18, 401 69, 727 356 283 105, 421 46,164, 873 29, 763, 753 16, 401,120 12, 520, 447 2, 855, 404 16, 598, 037 14,190, 985 28, 652, 321 18,126, 236 10, 526, 085 9, 801,124 2,132, 384 10, 111, 519 6, 607,294 19,116, 334 752,141 2, 236, 537 5, 614, 646 366, 265 11, 875, 492, 1, 677, 3, 637, 171, 7, 240, 600 259, 308 558, 764 1, 976, 710 194, 836 6, 429, 246 360, 323 184,819 2,173, 381 326, 642 1, 269, 724 92, 254 169, 512 576, 485 7,173 6, 454, 763 233, 839 809,405 2, 461, 468 30, 965 4, 962, 601 65, 725 1, 072, 801 403, 312 1,485 2, 3, 047 3, 513, 1,136, 46, 3, 416 835 042 407 235 180, 073 3, 600 LIABILITIES Demand deposits—T otal--------------------------------------------Individuals, partnerships, and corporations________ United States Governm ent________________________ States, counties, and municipalities________________ Banks in United States_____ _______________________ Banks in foreign countries_______ __________________ Certified and officers’ checks, cash letters of credit and travelers’ checks, etc-------------------------------------T im e deposits—T otal-------------------------------------------------Individuals, partnerships, and corporations: Evidenced b y savings pass books______________ Certificates of deposit_____________ _____________ Open accounts_________________________________ Christmas savings and similar accounts________ Postal savings______________________________________ States, counties, and municipalities________________ Banks in United States____________________________ Banks in foreign countries__________________________ 734 833 773 936 429 566, 398 270, 531 295, 867 326, 713 17, 236 11, 594, 357 121, 079 8, 059, 647 3, 534, 710 769,199 101, 370 461, 794 4, 619, 406 5, 743, 958 9, 476, 590 739, 211 573, 094 56, 278 89, 588 512,129 136, 666 10, 801 6, 638, 941 579, 300 248, 272 40, 086 78, 650 362, 080 102, 797 9, 521 2, 837, 649 159,911 324, 822 16,192 10, 938 150, 049 33, 869 1,280 408, 30, 252, 2, 228 227 612 812 390, 222 20, 489 34,197 380 67, 034 460 7, 826 16, 354 152 3, 766, 281 187, 393 224, 660 19,811 33, 247 269, 478 115, 561 2, 975 4,911,859 501,102 61, 625 33, 275 56, 341 159, 263 20, 493 Total deposits------------------------------------------------------------Secured b y pledge of loans and/or investments_____ N ot secured b y pledge of loans an d /or investm ents._ 40,246, 678 26,185, 883 14, 060, 795 10, 570,323 2, 594,178 14, 730, 925 12, 351,252 2, 970, 498 37, 276,180 2,168, 399 24, 017, 484 802, 099 13, 258, 696 517, 797 10,052, 526 225,102 2, 369, 076 1, 304, 013 13, 426, 912 923, 586 11, 427, 666 Due to own foreign branches___________________________ Agreements to repurchase securities sold________________ Bills payable and rediscounts___________________________ Acceptances of other banks and bills sold with endorse ment_________________________________________________ Acceptances executed for customers_____________________ Acceptances executed b y other banks for reporting banks. Securities borrowed_____________________________________ Interest, taxes, and other expenses accrued and unpaid. Dividends declared but not yet payable and amounts set aside for undeclared dividends and for accrued interest on capital notes and debentures______________________ Other liabilities_________________________________________ Capital notes and debentures___________________________ Capital stock (for par value see p. 5 ) ___________________ Surplus_________________________ _______________________ U ndivided profits—net_________________________________ Reserves for contingencies______________________________ Retirement fund for preferred stock and capital notes and debentures___________________________________________ 129, 332 4, 947 27, 919 112, 598 970 13, 266 16, 734 3, 977 14, 653 129, 332 4,177 4, 593 770 11,326 39, 036 132, 758 12, 473 943 93, 062 19, 077 67, 425 6, 960 178 55, 762 19, 959 65, 333 5, 513 765 37, 300 35, 469 97, 361 7, 523 660 21, 749 164 3, 252 448 3, 047 30, 765 4, 098 9, 748 39, 548 356 1, 380 404 283 22, Q17 17, 762 108,116 51, 274 2, 375, 784 2, 020, 279 611, 508 276, 927 8, 278 43, 267 9, 484 64, 849 51, 274 803, 661 915, 888 208, 234 118, 593 7, 947 41, 739 558 562, 595 801, 030 156, 144 75, 903 T otal liabilities (including capital account). Net demand deposits (see p. 10). Demand deposits—adjusted 1___ Num ber of banks_______________ i See footnote on page 1. 1, 572,123 1,104, 391 403, 274 158, 334 12,000 107 2, 676 126, 400 66,145 19, 369 32, 915 7, 37, 26, 765, 615, 215, 108, 531 125 946 549 284 505 516 2,177 26, 576 23, 770 921, 240 537, 820 220, 490 59, 593 16, 075 11,967 4,108 114 4, 428 11, 531 46,164, 873 29, 763, 753 16, 401,120 12, 520, 447 2, 855, 404 16, 598, 037 14,190, 985 23, 789, 968 20, 512, 559 6, 335 14, 590, 379 12, 954, 869 5, 250 9,199, 589 7, 557, 690 1,085 9,103, 503 6, 335, 789 37 1,918, 615 1, 372, 390 13 7, 987,114 6, 847, 681 340 4, 780, 736 5, 956, 699 5, 945 5 ALL MEMBER BANKS— CLASSIFICATION OF LOANS, INVESTMENTS. BORROWINGS, AND CAPITAL STOCK ON MARCH 7, 1938, BY CLASSES OF BANKS [In thousands of dollars] All member banks Loans—Total.. Acceptances of other banks payable in United States.. Bills, acceptances, etc., payable in foreign countries... Commercial paper bought in open market___________ Loans to banks______________________________________ Loans on securities exclusive of loans to banks—TotaL To brokers and dealers in New York.. To brokers and dealers elsewhere____ To others______________ ______________ Real estate loans: On farm land_____________________ On other real estate______________ Reporting banks’ own acceptances___ All other loans (including overdrafts). United States Governm ent direct obligations—Total.. Treasury bonds maturing on or before December 31, 1949.. Treasury bonds maturing after December 31, 1949________ Other United States bonds_______________________________ Treasury notes___________________________________________ Treasury bills____________________________________________ Securities fully guaranteed by U . S. Governm ent—Total.. Reconstruction Finance Corporation______________________ Federal Farm Mortgage Corporation_____________________ H ome Owners’ Loan Corporation_________________________ Other securities—T otal. Obligations of: States, counties, municipalities, e t c .. . ........ ....... Public utilities________________________________ Railroads_____________________________________ Federal land banks___________________________ Intermediate credit banks____________________ Joint-stock land banks________________________ Territorial and insular possessions____________ Real estate corporations_______________________ Other domestic corporations__________________ Stock of: Federal Reserve banks________________________ Real estate corporations_______________________ Banks and banking corporations______________ Other domestic corporations_____ _____________ Foreign securities: Central governments__________________________ Provincial, State, and municipal governments.. Other foreign securities________________________ Bills payable and rediscounts—Total.. * W ith Federal Reserve banks: , Bills p a y a b le...__________________ Rediscounts______________________ All other: Bills payable_____________________ Rediscounts_____________________ Par value o f capital stock—TotalFirst preferred1__ Second preferred 1. C om m on................. All national member banks All State member banks Central reserve city member banks New York 13,546,245 8, 614,121 4,932,124 3,531,730 101, 745 19, 006 367, 808 95, 690 47, 364 11,573 261, 582 53, 604 54, 381 7, 433 106, 226 42, 086 90,457 5, 037 8,020 59, 925 Chicago Reserve city member banks Country member banks 614,082 5,031,074 4,369,359 721 1, 599 18, 595 269 7,850 10, 898 133, 560 24, 639 2, 717 1,472 207, 633 10,857 3, 542, 700 1, 966, 363 1, 576, 337 1, 423,065 152, 473 1,138, 780 828, 382 674, 501 230, 880 443, 621 203,088 120, 696 82, 392 2, 665, 111 1, 614, 787 1,050, 324 18, 209 38,989 100, 097 113,484 1,020, 474 9,007 15,467 803,908 647, 285 48, 535 727, 245 268, 786 219, 028 49, 758 68 2, 287, 036 1, 349, 525 937, 511 139,527 118, 730 75, 764 42,966 64, 708 6, 744, 744 4, 629, 318 2,115,426 1, 740, 923 290 95, 314 173,114 10, 611 1, 077, 363 1,059, 535 6,192 45,074 2, 756 423, 332 2, 497, 596 2,082,893 10, 625, 221 6, 756, 729 3,868, 492 3,179,528 1, 007,524 3,961,604 2,476,565 2, 463, 523 1, 530, 919 932, 604 687,682 3, 017, 588 2, 210, 743 806, 845 457, 683 49, 583 42,161 7, 422 97 4, 297, 442 2, 478, 398 1, 819, 044 1, 528, 714 797,085 494, 508 302, 577 505, 352 119, 423 975,000 364, 364 1, 256, 594 173 4, 392 370, 936 1, 610, 371 152, 628 115, 247 681,418 938, 947 44, 921 787,421 23, 858 1, 826, 966 1,320, 409 506,557 431,759 100,146 648, 048 647,013 261, 785 401,151 1,164, 030 70, 907 101,845 333, 805 146, 403 24, 782 260, 574 86, 802 4, 894 8, 450 15,062 170, 865 462,121 13, 518 200, 610 432,885 190, 878 299, 306 830,225 5,522, 737 3, 711,269 1,811,468 1,173,531 274, 795 1, 608,981 2,465,430 2,194,153 1, 447,462 774, 717 566, 244 865, 670 610, 568 140, 780 113, 601 133, 763 91, 594 17, 759 14, 000 14, 628 10, 752 53, 237 25, 948 604, 626 427, 526 746, 691 208, 473 255,102 27,179 42,169 3, 759 3, 876 27, 289 177,100 483, 806 109, 828 157, 327 8,203 76, 278 259 1,268 11, 516 99, 233 135, 756 25, 999 20, 420 15,044 10, 845 227 281 1,680 23, 392 702,917 163,762 197, 969 46, 513 35, 514 4, 436 4, 799 24, 740 165,600 871, 674 475,128 489, 954 71,020 11,126 12, 837 8,280 15,301 316, 401 133,232 54,449 73, 574 283, 901 80, 639 36, 678 29,140 128, 918 52, 593 17, 771 44, 434 154,983 40, 564 1,630 22, 607 113, 203 5, 776 822 502 25, 763 42, 242 36, 271 37, 458 97, 098 44, 650 15, 726 13,007 47,837 93, 614 44, 542 40,092 69, 256 30, 477 28, 466 24, 358 14, 065 11, 626 32, 303 8, 412 7,094 4, 540 2, 704 1,044 23,408 10, 443 15,811 33,363 22, 983 16,143 27, 919 13,266 14, 653 12, 000 4,593 11,326 11, 653 1,438 10, 489 884 1,164 554 4, 330 132 7, 323 1, 306 14, 804 24 1, 873 20 12, 931 4 12, 000 131 2, 673 24 2,359,524 1,576,255 783,269 548, 495 126, 400 762,612 922,017 326, 300 251,711 24, 955 17, 210 2,008, 269 1, 307, 334 74, 589 7, 745 700, 935 9,701 25, 700 538, 794 100, 700 112, 715 8,150 641, 747 178,184 16,805 727,028 1 Retirable value exceeds par value, as follows: National banks. First preferred stock—b y $17,997,000, Second preferred stock—b y $1,850,000; State banks, First preferred stock—b y $31,780,000, Second preferred stock—by $2,337,000. 6 ALL MEMBER BANKS— CONDITION ON MARCH 7, 1938, BY FEDERAL RESERVE DISTRICTS [Amounts in thousands of dollars] Federal Reserve district Total, all dis tricts Loans (including overdrafts)---------------------------------------------------------------United States Government direct obligations_________________________ Securities fully guaranteed b y United States Governm ent-----------------Other securities --------- ------------- ------- --------------------------------- ---------------Total loans and investm ents--------------------------------------------------------Customers’ liability on account of acceptances------------------------------------Banking house, furniture, and fixtures ------------------- ------- ----------------Other real estate owned........................... ................ .............................. ......... Reserve with Federal Reserve banks----------------------------------------- --------Cash in vault______________________________ __________________________ Balances with private banks and American branches of foreign banks. Demand balances with banks in New York City___--------------------------Demand balances with other domestic b a n k s ...................................... . Tim e balances with other domestic banks------------------------------------------Balances with banks in foreign countries.------------------------------------------Due from own foreign branches----------------------------------------------------------Cash items in process of collection.-— -------------------- -------------------------Cash items not in process of collection-----------------------------------------------Acceptances of other banks and bills sold with endorsement--------------Securities borrowed--------- ------------------------------------------------------------------Other s Boston 546,245 988,415 625, 221 598, 575 826, 966 54,003 522, 737 301, 371 521,169 1,942, 364 134,473 10, 492 68, 405 971,875 341, 875 17,817 248, 811 430,413 603, 541 59,858 29,110 1, 925 109,081 377,425 084,157 85, 313 70,416 587 5, 302 81, 737 2, 326 2, 326 65, 372 406, 710 7,179 325 2, 019 39,036 943 244,090 8,974 New York Phila delphia Cleve land R ich mond Atlanta 576, 339 941, 278 1, 084, 203 555, 622 514, 409 817, 680 542, 938 991,385 395, 878 249, 267 575, 262 142, 959 127, 331 75,126 71, 624 807,125 652,083 526,006 164, 683 172, 469 776, 406 2,279,258 2, 728,925 1,191,309 1, 007, 769 97, 760 8,171 919 610 1,549 83, 721 320, 625 99, 638 49,436 41, 553 100,929 77,129 39,102 16, 284 15, 621 278,124 374, 691 457, 630 242, 580 191, 330 119, 386 46, 277 66,989 39, 774 30, 913 4,404 4,194 2, 481 397 1,110 226, 439 121,724 134,081 96, 399 87, 358 96,808 116, 397 199, 879 133,081 173,138 10,115 13,154 1,943 3, 538 5, 815 63, 606 1,669 1,410 63 480 654, 214 925 35, 512 660 130,324 59, 626 239 61 3 15, 970 63, 227 787 11 150 14, 637 49, 377 479 219 20 6, 707 54, 236 284 181 25 6, 959 46,164, 873 2,810,573 15, 908,065 3,199,245 3, 823, 020 1, 830,273 1, 618,321 Total assets.. LIABILITIES Demand deposits—T otal---------------------------------------------------------------------- 28, 652,321 1, 723,305 11,182,372 1, 555,313 1,875, 512 1,080, 791 1, 053,226 Individuals, partnerships, and corporations----------------------------- --------- 19,116, 334 1,295, 896 7, 375, 732 1,118,109 1, 395, 634 719, 262 613,073 United States Governm ent___________ __________________- .............. . 752,141 27, 690 380,112 30, 957 22, 438 16,853 25, 426 States, counties, and municipalities----------------------- --------------------------- 2, 236, 537 118, 538 116,982 500,848 125, 925 95,137 151, 932 309, 994 246, 604 2, 247,167 270, 346 Banks in United States____________________ ________________________ 5, 614, 646 235, 687 254,038 Banks in foreign countries------------------------------------ ---------------------------366, 265 4,015 9, 767 328, 200 1,093 441 1, 409 Certified and officers’ checks, cash letters of credit and travelers 20, 428 24, 810 14,904 566, 398 13, 411 350, 313 checks, e t c ............ . . ................ ............................ ..................... ............... 7, 348 672, 916 2,347,326 1,123, 533 1, 402, 684 537, 893 382, 886 864, 213 1,126,887 78, 484 85, 532 82, 956 83, 691 6, 378 9, 771 10, 435 15,002 64, 604 44, 998 32, 940 20, 326 469, 588 30,678 11,692 3, “ “ 4,144 11, 525 6, 658 304, 945 32, 778 3, 966 2,055 14, 665 15, 779 Tim e deposits—T otal--------------------------------------Individuals, partnerships, and corporations: Evidenced b y savings pass books-----------Certificates of deposit......... ......................... Open accounts--------- -------- . ------- -----------Christmas savings and similar accounts.. Postal savings.----------- ---------------- ------------— States, counties, and municipalities--------------Banks in United States--------- ----------------------Banks in foreign countries............... .................. 11, 594,357 Total d e p o sits...-------- -------- ------------ ------- ----------- -----Secured b y pledge of loans and /or investm ents-----N ot secured b y pledge of loans an d /or investments.. 40,246, 678 2, 396,221 13,529, 698 2, 678,846 782, 254 2, 970, 498 178,799 64, 737 37, 276,180 2, 331,484 12, 747,444 2, 500,047 vDue to own foreign branches...................................................... ............. — /Agreements to repurchase securities sold----------- ---------- ----------- ------------^ Bills payable and rediscounts....................................... .......... ......................... -Acceptances of other banks and bills sold with endorsement-----------------/Acceptances executed for customers-------------------------------------------------------^Acceptances executed b y other banks for reporting banks.......................... Securities borrowed................................... —...................................................... ’ Interest, taxes, and other expenses accrued and unpaid.......... ............. . ‘ Dividends declared but not yet payable and amounts set aside for unde clared dividends and for accrued interest on capital notes and deben tures.. 'Other liabilities.......................................... . Capital notes and debentures.................. Capital stock (for par value see page 8) . Surplus. Undivided profits—net-----------------------------------------------------------------------Reserves for contingencies-------------------------------------------- ------- ---------------Retirement fund for preferred stock and capital notes and debentures. 9,476, 590 739, 211 573,094 56, 278 89, 588 512,129 136, 666 10, 801 129, 332 4, 947 27, 919 39,036 132, 758 12, 473 943 93,062 17, 762 108,116 51, 274 2, 375, 784 2,020, 279 611, 508 276, 927 16,075 608,045 1, 846, i 30,851 62, 317 19, 883 273, 590 3, 736 14, 225 4, 467 94 4, 260 123, 658 1,224 19, 532 450 7, f " 500 1,163 2, 01a 9, 529 1,401 6,c 1,527 6,023 161,620 152, 525 47, 384 23,117 584 129, 332 210 15,494 35, 512 97, 734 7,825 660 27,999 9,033 53,185, 14, 657 782,819 909, 808 198, 940 92, 463 2, 696 2, 250 61 7, 885 962 3 5,414 1,258 8,085 192,090 216, 627 62, 857 21, 309 1, 598 t, 278,196 1, 618, 684 1, 436,112 252,002 130, 908 179, 504 i, 026,194 1,487, 776 1, 256, 608 42 702 11 633 288 150 11, 990 882 219 538 72 20 3,162 20 1, 254 181 1,629 138 25 1,960 1,347 5,910 22, 923 202, 433 213,365 48, 747 34, 486 1,797 290 2, 343 2, 752 100,856 60, 958 29, 597 8, 935 965 556 2,115 603 100, 697 46,090 19, 662 6, 394 885 Total liabilities (including capital account)............. ............ 46,164,873 2,810,573 15,908, 065 3,199,245 3, 823, 020 1,830,273 1,618,321 Net demand deposits (see page 10)-------------------------------------- --------------Demand deposits—adjusted1_________________________________________ Number of banks.................................................... ................. - ................... 23, 789,968 20, 512, 559 6, 335 1, 464, 221 10, 205,071 1, 258, 684 1.478, 637 1, 373, 872 7, 572, 679 1,190, 369 1.478, 760 622 656 776 357 1 See footnote on p. 1 802,175 778,433 405 738,494 718,117 323 7 ALL MEMBER BANKS— CONDITION ON M AR. 7, 1938, BY FEDERAL RESERVE DISTRICTS— Cont’d. [Amounts in thousands of dollars] Federal Reserve district Chicago St. Louis M inne apolis Kansas C ity Dallas San Francisco ASSETS Loans (including overdrafts)___________________ ______________________ United States Government direct obligations________ ________________ Securities fully guaranteed b y United States Governm ent------ ------- Other securities..._____ _______________________________________________ Total loans and investments_____________________ ________________ Customers’ liability on account of acceptances.................. .................... Banking house, furniture, and fixtures............ .............. ........... ................. Other real estate owned____________________________ __________________ Reserve with Federal Reserve banks_________________________ ____ _ Cash in v a u lt ...______________________________________________________ Balances with private banks and American branches of foreign banks.. Demand balances with banks in New York C ity ......... ............................ Demand balances with other domestic banks............................................. Tim e balances with other domestic banks______ _____________________ Balances with banks in foreign countries____________________ _________ Due from own foreign branches._____________ _________________________ Cash items in process of collection.................... ................................ .......... Cash items not in process of collection________________________________ Acceptances of other banks and bills sold with endorsement__________ Securities borrowed_____________ _________ ___________________________ Other assets_________ ________________________________________________ T o ta l assets.. 368, 794 493, 886 872, 387 294, 367 309, 649 82, 370 720, 991 207, 532 271,821 1, 078,155 3, 531 615 81,440 27,047 18, 730 13,069 980, 414 209, 912 97,010 22, 453 4, 554 501 234, 637 71,812 309, 989 131,035 5, 723 851 2,909 151 161,011 1,045 234 32 28, 676 295, 672 467, 327 278,311 321,195 40,122 77, 854 142, 443 204, 987 756,548 1,071,363 137 85 23,921 32,108 2, 623 3, 307 128, 926 234, 244 15,995 24,833 250 1,719 32, 932 79, 205 105,171 284, 203 5, 568 9, 696 344 1,008 50, 357 493 11 28, 615 187 61, 346 727 3, 912 4,619 3, 094 427,467 1, 832, 833 244,006 1,019, 232 224,401 46, 265 492, 278 130, 769 848,507 3,568, 744 9, 332 1,272 108,663 35, 318 29,638 7, 626 533, 384 187,163 54, 554 25, 499 3, 774 3,801 90,197 ' 93,560 241,955 207,188 1, 555 11,871 4,401 394 41, 310 529 25 53 2, 726 118,019 1,159 763 17,492 6,201, 756 1, 610,374 1,106, 500 1,806,274 1, 487, 903 4,762,569 LIABILITIES Demand deposits—Total_____________________________ _______________________ Individuals, partnerships, and corporations________________________________ United States Government______________________________ _________ ________ States, counties, and municipalities__________________________ _____________ Banks in United States___________________________________ ____________ ___ Banks in foreign countries__________________________________________________ Certified and officers’ checks, cash letters of credit and travelers’ checks, etc.. 4,008,807 1,034,182 2, 578,165 626, 768 124,186 14,806 463,085 99, 684 793, 919 285, 680 8,149 212 41, 303 7,032 617, 806 1,317,287 1,105,157 2,098,563 374, 458 760, 972 733,519 1, 524, 746 16, 771 2,152 23, 699 67,051 95, 562 122,199 188, 608 158,037 134, 897 363, 331 261,316 211, 667 160 11, 439 709 671 13, 402 18,016 45, 403 10,028 T im e deposits—T o t a l----------------------- ---------- ----------------------------------------------------Individuals, partnerships, and corporations: Evidenced b y savings pass books______________________________________ Certificates of deposit— _____ _________________________________________ Open accounts---------------------------------------- ------------------------ --------------------Christmas savings and similar accounts.-----------------------------------------------Postal savings..____ ________________________________________________________ States, counties, and municipalities_______________________ ,______________ Banks in United States_________________________________________________ _ Banks in foreign countries___________ _________________________ ____________ 1, 626, 488 405, 253 368,220 313,907 218, 703 2,194, 548 1, 426, 839 108,044 39,178 4, 767 4, 385 33,943 9, 332 301,103 75, 576 2.125 1,120 4, 721 13, 482 7.126 286, 699 66, 432 763 1,074 3, 458 5, 354 4, 440 222, 981 63, 411 6, 226 2, 503 2, 531 8,051 8,204 172, 241 1, 846, 965 23, 781 81, 327 2, 631 46, 393 6,181 860 22, 258 3, 428 14,957 171, 518 17, 381 805 2, 525 T o ta l d e p o s it s _____________________________________________ ______ _______ —................. 5,635,295 1, 439, 435 339, 350 1 1 1 ,C 5, 295,945 1, 327, 737 Secured b y pledge of loans and /or investments---------------- ------------------- ---------N ot secured b y pledge of loans and /or investments___ ______________________ Due to own foreign branches................. ............................................................................. Agreements to repurchase securities sold--------- --------------- -------------------------------------Bills payable and rediscounts.------ ------------ ----------------------------------------------------------Acceptances of other banks and bills sold with endorsement_____________________ Acceptances executed for customers________________________________________ _____ Acceptances executed b y other banks for reporting banks________________________ Securities borrowed------------------------------------ ----------------------------------------------------------Interest, taxes, and other expenses accrued and unpaid---------------------------------------Dividends declared but not yet payable and amounts set aside for undeclared dividends and for accrued interest on capital notes and debentures-------------------Other liabilities.---------- ------------ ----------------------------------------------- ------- ---------------------Capital notes and debentures_________________________________________________ _ Capital stock (for par value see page 9 ).---------------------------- ----------------------------------SurplusUndivided profits—n et....................................................................... ............ Reserves for contingencies______________________________________ ____ _ Retirement fund for preferred stock and capital notes and debentures.. T o ta l lia b ilities (in c lu d in g c a p ita l a c c o u n t)---------------------- Net demand deposits (see page 10)............................................................ . Dem and deposits—adjusted1________________________________________ Number of banks________________________________________________ ____ 1 See footnote on p. 1 986, 026 1, 631,194 1,323,860 4,293, 111 185, 746 495, 600 93, 991 155, 909 892,035 1,445, 448 1,167, 951 3, 797, 511 2, 006 40 381 25 1, 593 189 53 2, 388 11, 800 663 1,034 46 89, 740 47,854 25,167 6, 781 820 761 1,112 400 86, 588 43, 233 21, 924 4,443 913 656 11,751 1,157 220,085 117, 629 ^ 62,191 22, 880 1, 586 95 234 3,286 516 32 14, 219 51 11 629 3 131 6 76 2, 423 " 2, 741 385 5,455 5, 704 289, 436 138, 747 58,651 47, 227 2,474 1,201 6,112 2, 748 85,977 40, 898 24,603 5,045 1, 238 85 4,991 284 63,443 32, 545 11, 785 3,847 519 97 3,935 4, 866 763 9,162 997 6,201, 756 1 ,610,374 1,106,500 1, 806,274 1, 487,903 4, 762,569 3, 305, 321 2,921, 542 771 781,063 683,127 391 451,462 451,433 466 892, 785 875, 679 733 731, 703 1, 680, 352 827, 810 1,640, 738 546 8 ALL MEMBER BANKS— CLASSIFICATION OF LOANS, INVESTMENTS, BORROWINGS, AND CAPITAL STOCK ON MAR. 7, 1938, BY FEDERAL RESERVE DISTRICTS [In thousands of dollars] Federal Reserve district Total, all dis tricts 13,546, 245 New York 988,415 4, 576, 339 Phila delphia Cleve land 941,278 1,084,203 R ich mond Atlanta 555, 622 514, 409 91, 993 5,049 44,084 60, 979 696 550 34, 409 2, 466 1,637 3 14, 012 5,942 81 53 13, 920 2,181 648 1,605 8,208 3, 295 3, 542, 700 246, 229 1, 689, 646 264, 293 326, 870 126,435 94, 248 674, 501 203,088 2, 665, 111 8,098 21, 235 216, 896 655, 788 51, 374 982, 484 5, 269 15, 381 243, 643 1,162 23, 281 302, 427 342 4, 399 121, 694 28 9, 592 84, 628 268,786 2, 287,036 118, 730 6, 744, 744 13,191 4,160 468, 469 188, 448 65, 952 20,059 426, 473 2,136, 976 17, 471 200, 072 4, 575 416,746 27, 831 284, 832 2, 421 420,655 17, 756 108, 533 232 286,431 12,142 53,056 1,054 340,153 -------- 10, 635,221 Acceptances of other banks payable in United States-----------------------Bills, acceptances, etc., payable in foreign countries-------------------------Commercial paper bought in open market__________________________ Loans to banks ___ _ _______ _ __ 101,745 19,006 367,808 95, 690 Loans on securities exclusive of loans to banks—T o t a l ______________ To brokers and dealers in New Y ork___________________________ To brokers and dealers elsewhere.. . ------ -------------------------------------T o others_________________________________________________ _____ Real estate loans: On farm l a n d _____________________________________ __________ On other real estate__________________ . . _______________ ______ Reporting banks’ own acceptances.................. . ............... .......... .......... All other loans (including o v e r d r a f t s ) ----------- -------------------------------United States Government direct obligations—Total--------- Boston 1,075 1,665 95, 676 4, 630 598,575 3, 817, 680 542, 938 991,385 395, 878 249,267 173,342 863,082 2,463, 523 708, 077 3,017, 588 189, 056 49, 583 2, 839 1,906 4, 297, 442 192, 561 1, 737, 551 41, 710 797,085 Treasury b i ll s 506,131 189, 781 240, 833 2, 592 108, 651 1,081 272, 859 288, 505 4, 359 400,742 24,920 65, 363 117, 328 2, 323 205, 490 5, 374 72, 228 82,036 2,101 92, 308 594 Securities fully guaranteed by U. S. Governm ent—Total---------------- 1, 826, 966 54, 003 575,262 142, 959 127,331 75,126 71, 624 Reconstruction Finance Corporation.______________________________ Federal Farm Mortgage Corporation_______ ________________ _____ Home Owners’ Loan Corporation___________________________________ 261, 785 401,151 1,164, 030 2,135 19,186 32, 682 150, 612 48, 044 376, 606 155 40, 362 102, 442 2, 506 25, 296 99, 529 650 19, 019 55, 457 200 18, 266 53,158 Other securities—T otal--------------------------------------- ---------- --------------------- 5, 522, 737 301, 371 1, 807,125 652,083 526, 006 164, 683 172, 469 Treasury bonds maturing on or before December 31, 1949..................... Treasury bonds maturing after December 31, 1949................. ............... Other United States bonds_________________________________________ Treasury notes.......... ________________ ______ _______________ ______________________________________________ ____ Obligations of: States, counties, municipalities, e t c ... __________________ _____ 2,194,153 Public utilities___________________________________________ _____ _ 774, 717 Railroads_____ __________________________________________________ 865, 670 Federal land banks___________________ _______________________. . . 140, 780 Intermediate credit banks_____ ________________________________ 133, 763 Joint-stock land banks____________________________ ____________ 17, 759 Territorial and insular possessions_________ ____ _______________ 14, 628 Real estate corporations____________ ___ __ ______________ .. . 53, 237 Other domestic corporations__________________________ _____ ____ 604, 626 Stock of: Federal Reserve banks_________________________________________ 133, 232 Real estate corporations________________________________________ 54, 449 Banks and banking corporations____________ ____________________ 73, 574 Other domestic c o r p o r a t io n s .____ ____________________________ 283, 901 Foreign securities: Central governments_____ _____ ________________________________ 93,614 Provincial, State, and municipal governments__________ _______ 44, 542 Other foreign securities.---------------------- --------------------------------------40, 092 69, 836 70, 592 62,192 3, 538 6, 873 689 1,157 2, 638 32, 552 668,400 238, 532 310, 777 15,412 78, 554 742 2,084 14, 282 172, 860 130,109 153, 833 170,574 17, 507 129 991 957 5, 720 90, 468 135,093 88,190 98,121 27, 807 6, 688 1,682 2,211 4, 858 87, 520 67, 787 20,000 24, 368 11, 388 672 592 259 1,854 20,110 113, 027 7,968 13, 417 5, 966 1, 289 627 604 2,125 13,020 9,405 4,145 5, 435 16,017 50, 940 9, 374 29, 939 150, 250 12, 277 6, 441 6, 246 28, 842 13,155 3, 225 21, 479 19, 426 4, 983 2, 985 547 5,060 4,440 924 1,442 5,209 4, 552 3, 806 7,944 39, 784 14,135 11, 060 13,105 7, 207 7, 677 5,874 5, 351 5, 326 2,315 953 810 1,618 371 422 27,919 1,163 15,494 2,250 702 882 1,254 11, 653 1,438 674 8 2, 728 20 1,655 206 510 7 592 728 253 14, 804 24 476 5 12, 746 389 185 290 273 Par value o f capital stock— T otal---------------- ------------------------------------- 2,359,524 160,377 769, 723 191, 006 202,433 100, 778 100,228 First preferred___________________ __________________________ _______ Second preferred____________ ________________ ___ ____________ ___ C om m on_______________ ___________________________________________ 326, 300 24, 955 2,008, 269 17, 918 2, 514 139,945 67, 699 8,155 693,869 24, 730 5, 270 161, 006 26, 711 1,013 174, 709 13,840 519 86, 419 21, 609 3,475 75,144 Bills payable and rediscounts—T otal______ _______________________ W ith Federal Reserve banks: Bills payable________________________________________ ___________ Rediscounts____________________________________________________ All other: Bills payable__________________ _________________________________ Rediscounts____________________________________________________ 9 ALL MEMBER BANKS— CLASSIFICATION OF LOANS, INVESTMENTS, BORROWINGS, AND CAPITAL STOCK, ON MAR. 7, 1938, BY FEDERAL RESERVE DISTRICTS—Continued [In thousands of dollars] Federal Reserve district Chicago St. Louis M inne apolis Kansas C ity Dallas San Francisco 1, 368, 7 9 4 493, 886 295, 672 467,327 Acceptances of other banks payable in United States____ Bills, acceptances, etc., payable in foreign countries______ Commercial paper bought in open market_______________ Loans to banks __________________________________________ 1,305 1,644 72, 002 6,123 125 119 18, 010 6, 380 10 92 18, 183 255 24, 546 877 420 151 3, 605 590 3, 663 8,167 21,153 1, 972 Loans on securities exclusive of loans to banks—T otal____ 282, 377 97, 907 42, 729 62, 285 49, 897 259, 784 T o brokers and dealers in New Y ork _________________ T o brokers and dealers elsewhere____________________ T o others____________________________________________ 1, 626 42, 460 238, 291 4, 759 93,148 1,319 41, 410 465 3, 593 58, 227 48 2, 528 47, 321 1, 675 23,167 234, 942 Real estate loans: On farm land________________________________________ On other real estate__________________________________ Reporting banks’ own acceptances_________ ____________ All other loans (including overdrafts)_____________________ 31, 973 180, 331 6,286 786, 753 13,179 78, 945 329 278, 892 8, 871 22,181 1,359 202, 084 16, 747 32, 916 286 329, 578 10, 774 30, 928 281 330, 821 94, 691 638, 325 15, 896 789,182 U n ited S ta tes G o v e r n m e n t d ir e c t o b lig a tio n s — T otal----- 1, 873,387 294, 367 278, 311 321,195 244, 006 1,019,232 Treasury bonds maturing on or before December 31, 1949.. Treasury bonds maturing after December 31, 1949________ Other United States bonds________________________ ______ Treasury notes._____ ____________________________________ Treasury bills_________ __________________________________ 276, 668 649,911 9, 125 769, 475 167, 208 72, 462 63, 304 3, 598 139, 794 15, 209 60, 652 78, 950 6, 597 117, 033 15, 079 71, 439 75, 083 10, 031 159, 734 4, 908 26,175 87, 893 2,110 120, 669 7,159 319, 472 436, 612 2, 002 253, 434 7, 712 S e cu rities fu lly g u a r a n te e d b y U. S. G o v e r n m e n t— Total 309, 649 82, 370 40,122 77, 854 46, 265 224, 401 Reconstruction Finance Corporation_____________________ Federal Farm Mortgage Corporation..___________________ Hom e Owners’ Loan Corporation________________________ 90, 042 53, 891 165, 716 6, 875 22, 506 52, 989 2,410 15, 541 22,171 2, 731 31, 621 43, 502 854 10, 977 34, 434 2, 615 96, 442 125, 344 O th e r s e cu ritie s — T otal------------------------------------------------------- 720, 991 207, 532 142, 443 204, 987 331, 135 98, 436 82, 847 23, 657 17, 621 7, 524 3, 007 4, 550 89,110 92, 923 23, 361 21, 965 9, 088 2, 856 706 1,240 2, 787 30, 945 68, 398 18, 699 20, 084 4, 829 922 492 243 545 18, 609 136, 789 9, 606 13, 962 9, 822 4,113 736 1,151 355 11, 463 92, 897 4,115 3, 365 6, 398 2, 595 1, 798 127 3, 944 7, 339 287, 759 41, 385 43, 998 5, 368 11, 451 1,180 1,588 9, 579 30, 630 13, 063 2,150 2, 076 27, 319 3, 886 255 146 14, 607 2, 900 1,016 8 545 4,133 979 256 5, 934 3, 909 1,103 1,314 1,145 10,141 21, 852 4, 686 9, 547 10, 254 6, 064 2,178 1,606 692 469 2, 269 1,818 1,066 2, 061 2, 361 1,266 483 89 148 9, 693 1,695 1, 726 95 51 97 684 381 4, 866 14 83 180 457 52 256 4, 440 132 47 58 15 294 L o a n s—Total------------------------------------------------------------------------ Obligations of: States, counties, municipalities, etc__________________ Public utilities_______________________________________ Railroads____________________________________________ Federal land banks__________________________________ Intermediate credit banks___ ________________________ Joint stock land banks_______________________________ Territorial and insular possessions____________ _______ Real estate corporations_______ ______________________ Other domestic corporations_________________________ Stock of: Federal Reserve banks_______________________________ Real estate corporations______________ ______^________ Banks and banking corporations_____________________ Other domestic corporations_________________________ Foreign securities: Central governments_________________________________ Provincial, State, and municipal governments_______ Other foreign securities_______________________________ B ills p a y a b le a n d re d is c o u n ts — T otal-------------------------------- 427, 467 1, 832, 833 130, 769 if; 492, 278 W ith Federal Reserve banks: Bills payable____________ ____________________________ Rediscounts__________________________________________ All other: Bills payable_________________________________________ Rediscounts__________________________________________ 50 16 30 25 4 21 P a r va lu e o f c a p ita l s to c k — T otal_________________________ 289, 273 86,565 63, 443 89, 768 86, 589 219,341 First preferred___________________________________________ Second preferred_________________________________________ C om m on_______ _________________________________________ 72, 813 1,265 215,195 8, 795 1,162 76, 608 11, 255 1,200 50, 988 12, 480 354 76, 934 14, 711 6 71, 872 33, 739 22 185, 580 10 ALL MEMBER BANKS—RESERVE POSITION ON MAR. 7, 1938 [In thousands of dollars] Reserve with Federal Reserve Ratio of D educ required banks Net de reserves tions al Net de Gross de mand lowed in Tim e to net mand mand deposits demand com put plus time deposits deposits subject to plus time deposits Required2 Held® ing Excess deposits reserves1 reserve (percent) 428,650,987 44, 861, 019 23, 789,968 11,594,357 35,384,325 5, 828,137 7,248,811 1.420. 674 16.5 20.5 567, 862 501, 235 351, 577 24.0 14.9 9.6 28. 6 18. 8 13.0 297, 981 430,413 2,137,137 12, 552, 397 2, 670,137 3, 278,124 294,116 374,691 2, 382, 217 356, 306 2, 881, 321 457, 630 242, 580 1, 340,068 173,165 152, 222 191,330 1,121, 380 841,144 980,414 4, 931, 809 166, 895 209, 912 1,186,316 101,091 128, 926 819, 682 234, 244 I, 206, 692 180, 719 950, 406 139, 708 187,163 3, 874, 900 454, 653 533, 384 132,432 607, 987 80, 575 101, 324 69,415 39,108 139, 270 43,017 27, 835 53, 525 47, 455 78, 731 13.9 21.3 12.3 12.4 12.9 13.6 17.1 14.1 12.3 15.0 14.7 11.7 20.1 26.1 15.7 15.9 18. 1 17.1 19.9 17.7 15.7 19.4 19.7 13.8 769,199 9, 872, 702 2,413,063 2,941,079 526, 547 566, 393 461,794 2, 380, 409 528,016 39, 846 24.4 22.1 29.8 23.8 Central reserve city banks____ __________ 411,932,174 4910,056 11,022,118 1, 230, 993 12, 253,111 2,939, 610 3, 507, 472 10,111, 519 2,124,405 7,987,114 4, 619,406 12,606, 520 1,874, 587 2, 375, 822 6, 607, 294 1, 826, 558 4, 780, 736 5, 743, 958 10, 524, 694 1,013, 940 1, 365, 517 All member banks: Philadelphia__________________ ______ Atlanta____________ ________________ Chicago - __________________ St. Louis ____ __________________ Minneapolis____________ __________ Kansas C ity _ ____________ Dallas...................... ................ ................ San Francisco_____ _______________ Central reserve city banks: N ew Y ork __________________________ Chicago________________ __________ Reserve city banks: B o s t o n _____________ ______________ N ew York ___________________ Philadelphia ____ __________________ Cleveland__________________________ R ichm ond__________________________ Atlanta____________________________Chicago ______________ St. Louis ______________ Minneapolis _ __________ ______ Kansas C ity ________________ Dallas___ ___________________ ______ _________________ San Francisco Country banks: Boston_______ ______________________ New York ___________ ______ Philadelphia _ _________________ Cleveland ____ __________________ Richmond . __________________ Atlanta _________________ Chicago __________ _______________ St. Louis __________________________ Minneapolis - _____________ Kansas C ity___________ _____________ Dallas . _________ ______________ San Francisco _____________ 1, 464, 221 10, 205,071 1, 258, 684 1,478, 637 802,175 738, 494 3, 305, 321 781,063 451, 462 892, 785 731,703 1,680,352 1, 723, 305 11,182, 372 1, 555, 313 1, 875, 512 1,080, 791 1,053, 226 44,007, 473 1,034,182 617, 806 1, 317, 287 1,105,157 2,098, 563 259,084 977, 301 296, 629 396, 875 278, 616 314, 732 4702,152 253,119 166, 344 424, 502 373, 454 418, 211 9,801,124 42,131,050 697, 621 9,103, 503 '212, 435 1, 918, 615 Ratio of reserves held to net de mand plus time deposits (percent) 672, 916 2, 347, 326 1,123, 533 1, 402, 684 537, 893 382, 886 1,626, 488 405, 253 368, 220 313, 907 218, 703 2,194, 548 964, 972 168, 752 1,008,192 1, 330,448 617, 726 584,163 1,116, 928 710, 571 335, 475 889, 782 605,079 1,779, 431 876,919 88, 053 109, 242 32, 631 136,121 165,948 841, 474 166, 718 249, 239 244, 852 1,085, 596 738, 642 476,455 141, 271 203, 371 153,166 430,997 171,113 842, 941 273,987 509, 518 156, 720 553, 851 173,092 263, 222 92,923 72, 253 614,912 274, 870 157, 648 202, 631 402,448 120,920 317, 253 1, 462,178 1, 927, 750 986,161 302,069 1,090, 713 1, 824, 238 679,826 602,110 1, 352,459 726, 943 356,145 772, 560 523,368 3, 389, 928 181,938 37,181 183,249 261, 438 107, 493 96, 466 199,159 121,156 58, 220 132,441 87, 745 408,101 287, 452 51,035 228,070 330,061 152, 805 112,343 245,056 149, 529 70,333 166,169 107, 386 475, 583 105, 514 13, 854 44, 821 68, 623 45, 312 15, 877 45, 897 28, 373 12,113 33,728 19, 641 67, 482 18.4 12.3 16.8 14.3 15.8 16.0 14.7 16.7 16.3 17.1 16.8 12.0 29. 1 16.9 20.9 18.1 22.5 18.7 18.1 20. 6 19.7 21.5 20.5 14.0 758, 333 1, 212,496 547,121 545.064 463.065 469,063 759, 495 323,611 282,331 427, 505 500,078 319,132 171,031 247,049 129,911 152,023 137, 345 161, 566 215, 730 96, 399 94,091 149, 632 170,823 100, 958 587, 302 563, 674 1,150,976 965, 447 1, 412,179 2, 377,626 874, 294 1, 291, 504 417, 210 664,042 1,057,083 393,041 334, 522 325, 720 660, 242 211,773 519, 270 307,497 543, 765 655,176 1,198, 941 232,161 227, 212 459,373 275, 297 463, 537 188, 240 434,132 156, 259 277,873 329, 255 97, 783 427,038 484,972 266, 798 218,174 116,043 219,893 110, 867 94,868 65, 672 55, 756 115,438 45, 739 42,871 48, 278 51,963 46, 552 142,961 286,010 146, 621 127, 569 89, 775 78, 987 168, 965 60, 383 58, 593 68,075 79, 777 57, 801 26, 918 66,117 35, 754 32, 701 24,103 23, 231 53, 527 14, 644 15, 722 19, 797 27,814 11, 249 10.1 9.2 8.6 9.0 9.9 10.7 '9. 6 10.0 9.2 11.1 12.2 9.6 12.4 12.0 11.4 12.1 13.6 15.2 14.1 13.1 12.6 15.7 18.7 11.9 1 Demand balances with domestic banks, except private banks and American branches of foreign banks, plus cash items in process of collection. The difference between the figures shown in this column and the figures shown against the corresponding captions under “ Assets” is accounted for b y an excess of allowable deductions over gross demand deposits at a number of banks. 2 Reserves actually required are based on deposits at opening of business. T he figures in this column, therefore, represent the reserves required to be maintained on the business day following the call date. a Based on member banks’ books. These figures differ from those shown b y the Federal Reserve banks’ books because of a lack of synchro nization of entries on the books of the Federal Reserve banks and the member banks. * ‘ ‘ Gross demand deposits” and “ Deductions” , as shown in this table but not elsewhere, exclude uninvested trust funds and balances due from banks, respectively, reported b y one bank that has no commercial department. ALL MEMBER BANKS—LOANS AND INVESTMENTS PLEDGED TO SECURE LIABILITIES ON MARCH 7, 1938 [In thousands of dollars] Total, all member banks Central reserve city banks New York Other re serve city banks Country banks Chicago 2, 869, 231 704, 646 59, 515 568, 250 105,160 6, 665 191, 543 2,148 1,346,820 279, 894 19, 012 762, 618 317, 444 33, 838 _______________________ ____________________ ________ 3, 633, 392 680, 075 193, 691 1, 645, 726 1,113,900 Pledged: Against U. S. Government and Postal Savings deposits------------------------------------Against State, county, and municipal deposits.------------------- -----------------------------Against trust department deposits------- ------------------ ---------- ------- --------------- ------- Against other deposits __________________________________________ _____________________________ Against borrowings W ith State authorities to qualify for exercise of fiduciary powers....... .................... For other purposes _____________________________________ 930, 665 1, 784, 401 493, 690 194, 645 17, 636 138, 397 73, 958 377, 764 89,143 70, 465 48, 658 93, 456 11, 558 69, 200 14, 608 57, 410 36, 635 4, 809 60 305, 274 991, 004 205, 918 91, 856 4, 487 28, 372 18, 815 154,171 692, 696 148,107 39, 523 13,149 47, 806 18, 448 U. S. Government obligations, direct and/or fully guaranteed ------------------- ------- Other bonds, stocks and securities_____ _____________________ ____________________ Loans and discounts _ _____________________________ ________ Total pledged » • • STATE MEMBER BANKS—CONDITION ON MAR. 7, 1938, BY FEDERAL RESERVE DISTRICTS [Amounts in thousands of dollars] Federal Reserve district Total Boston New York Phila delphia Cleve land R ich mond Atlanta Chicago St. Louis Minne Kansas Dallas apolis City San Fran cisco ASSETS Loans (including overdrafts)__________________________ ____ ____ _________________________ 4,932,124 United States Government direct obligations.. ___________ ____ ______ ___________________ 3, 868, 492 Securities fully guaranteed b y United States Government________________________ ______ _ 506, 557 Other securities_______________________________ _______ _____ _______ __________________ 1,811, 468 Total loans and in v e s tm e n ts .._________________ ______ _____ ________ _________ __ 11,118, 641 67, 172 Customers’ liability on account of acceptances......... ................. .................. . . _______ 339, 655 Banking house, furniture, and fixtures________________ ___________________________________ Other real estate owned______ _ ........ .......... ........... ......................... . . . _________________ 186, 387 Reserve with Federal Reserve b a n k s ____________________ ____ __________________ ______ __ 2, 966, 229 Cash in vault___________ _ ___________________ ______ ______ ______ ________ . . . . 176, 740 Balances with private banks and American branches of foreign banks . ___ 10, 071 Demand balances with banks in N ew York C ity_____ _________ _______ __________ ______ 348, 004 Demand balances with other domestic banks_________________________ ________________ 444, 929 Time balances with other domestic banks______ ______ _______________________ __________ 14, 437 Balances with banks in foreign countries....... ............. .............................. . . . _________. . . _ 38, 617 Cash items in process of collection . _ ___________ ______ ___________ ___________ 537, 541 Cash items not in process of collection_______________________________________ . . . ________ 2, 145 Acceptances of other banks and bills sold with endorsement_______________________ _ 19, 959 Securities borrowed_____________ _____________________ ____ ___________ _______________ 765 Other assets_________________ ________________________________ ____ ___ _____ ________ . . 129, 828 Total a s s e ts _____________________________________ ______ _____ __ ________ 231, 543 2, 761, 818 161,065 2, 348, 425 244, 622 13, 781 72, 469 791, 792 267, 474 150,103 52, 317 187, 636 478, 858 6,146, 657 657,530 1,108, 869 361,544 129, 219 1, 030, 728 350, 019 - 383 61, 921 182, 615 18, 319 8, 387 73, 948 77,144 2, 003, 405 65, 400 10, 594 549 3, 398 111,824 31,871 23, 637 65, 148 60 586 247 36, 269 383, 792 12, 863 103 617 37 19, 563 660 95, 399 2, 901 518, 934 174, 867 369, 743 110,647 55, 409 17, 801 164, 783 58, 229 37 23, 718 40, 557 127, 898 12, 484 2, 940 43, 038 41, 720 3, 673 35 20,185 36 216 38,161 26,848 211,038 25,131 351 46, 235 55,164 4, 893 572 23, 984 362 11 8, 258 7,318 237 20,146 6, 481 70, 455 11,144 135 23, 000 34, 659 492 34 17, 535 50 214 20 2, 891 68, 866 30, 624 6,138 23, 591 64 973 228 849 491 333, 368, 63, 264, 901 150, 409 048 103,136 875 24,178 904 72, 296 8, 883 19, 454 1,198 5 4, 470 78 783 17, 978 7,192 231, 910 28, 547 1, 309 33, 096 78, 285 359 491 28, 235 189 1, 889 - 32 5, 748 173 8, 456 7, 091 65,110 5, 753 155 20, 260 30, 731 272 56 13, 748 194 11 19, 408 12, 670 3,419 13, 278 58, 359 38, 417 7,117 39, 427 48, 775 143, 320 19, 388 6, 874 1, 904 6, 555 327,157 168, 740 15, 996 116,508 34, 721 628, 401 636 3, 358 19, 618 10, 787 102, 533 8, 454 790 14, 615 43, 881 2, 015 645 580 17,034 13 455 123 53 112 3, 087 16,401,120 665, 953 9, 251, 202 982,109 1, 549,153 549, 037 200, 801 1, 464, 882 503, 465 74, 083 245, 349 59, 290 855, 796 10,526, 085 363, 470 6, 661, 450 580, 621 710,255 336, 469 120, 087 809,120 312, 602 37, 730 196,145 42, 923 355,213 7, 240, 600 306, 784 4, 414, 319 200,034 4,128 259, 308 558, 764 26, 567 255, 346 1, 976, 710 18, 648 1, 357, 535 194, 836 377 189, 302 295, 867 6, 966 244, 914 473, 472 12,088 24,197 64, 618 45 6, 201 564, 022 205, 493 3, 866 10,170 37, 509 31,084 90,176 91, 366 55 312 4, 605 8,066 76, 869 2, 526 23, 677 16,210 3 802 591,169 201, 838 12, 570 7, 583 84,114 18, 498 107, 618 82, 721 618 54 13,031 1,908 26, 286 95 6, 836 3, 861 652 86, 048 2, 035 20, 593 85, 492 127 1,850 3, 534, 710 204, 350 1,175, 809 230, 726 589, 621 146,059 52, 862 528, 718 130, 055 33, 794 260, 506 201 4,012 6, 250 24,093 2,176 56, 289 3, 943 502 6, 370 28, 273 28, 780 9, 592 409, 865 2,837, 649 190, 600 159, 911 7, 059 324, 822 2,130 16, 192 1,047 10, 938 728 150,049 2, 101 33, 869 685 1,280 167, 020 21, 957 25, 516 1,617 1,301 11,631 1,684 489, 875 130, 873 24, 810 6, 633 39, 889 2, 949 2, 841 1,168 1,282 669 26, 389 2, 493 4, 535 1,274 39, 695 5, 056 136 146 4, 208 3, 259 362 485, 706 105, 539 20, 973 23,156 242 9,418 1,270 281 755 1,173 2. 126 6, 624 133 1,371 19, 819 7, 379 13 60 178 809 15 23,179 4, 021 241 259 390 97 593 7, 828 1,143 190 21 60 350 4, 3, 23, 3, 1,436 2, 654 9, 495 416 4 810 8 3,151 1,165 38,101 2, 789 411 10, 989 29, 755 428 259 14, 305 40 153 1,495 294 8, 496 1,483 1, 025 409 6, 290 1, 470 33 1, 539 13, 000 45 LIABILITIES Demand deposits — Total__ ____________________________ _____ ____ _ _ . __________ _ Individuals, partnerships, and corporations..... ............. ............. . __________ __ United States Governm ent... _. ___________________________ . . . . _ . . . _________ States, counties, and municipalities_______ ______________________ . . . _______ __ . . . Banks in United States_______________________________________________________________ Banks in foreign countries___ __________________________________ _________________ __ Certified and officers’ checks, cash letters of credit and travelers’ checks, etc_________ . Tim e deposits—Total________ _____________ ________ ______ . . . . ______________ . . . Individuals, partnerships, and corporations: Evidenced b y savings pass books______ _____________________ ______ ____________ Certificates of deposit_______________ _________________________________ __________ Open accounts_____ ______________________ ___________ _________ _____________ Christmas savings and similar accounts_________________ ______ ________________ Postal savings.._ . . . _______ _____________________________________ ____________ __ States, counties, and m unicipalities_______________________________________ . . _ . _ Banks in United States_____________________ ___________ ________ . . . . . . . Banks in foreign countries... _______________________________ ________ . . . Total deposits_____ __ _____________________________________ _____ ____ _ _ Due to own foreign branches____________________________________ _____ __ _ Agreements to repurchase securities sold______________ _________ __________ . . . . . . _ Bills payable and rediscounts_____ __ _______________ ______ _________________ _ . Acceptances of other banks and bills sold with endorsement___________________ _ Acceptances executed for customers________________ ______ _____ _____ . . . _ . Acceptances executed b y other banks for reporting banks_________________________________ Securities borrowed_____________ ___ _____________ ________ _________ Interest, taxes, and other expenses accrued and unpaid_______ ______ _______________ _ Dividends declared but not yet payable and amounts set aside for undeclared dividends and for accrued interest on capital notes and debentures___________________ . Other liabilities__________ _____________________ ____ _________________ . . . . Capital notes and debentures____ _____________ ____________ _____________ _ Capital stock_______________ __________________ __________ _______________ Surplus___________ Undivided profits—net. _ __________ ________ _____ _____ _________ _ Reserves for contingencies_____ ______ _______ ____ _______________ _ _ Retirement fund for preferred stock and capital notes and debentures________________ ____ Total liabilities (including capital account) ______ _____ 80, 430 15, 643 780 14,060, 795 567, 820 7, 837, 259 16, 734 3, 977 14, 653 19, 959 65, 333 5, 513 765 37, 300 9, 484 64, 849 51, 274 803, 661 915, 888 208, 234 118, 593 4, 108 811, 347 1, 299, 876 482, 528 172, 949 1, 337, 838 442, 657 66, 003 224, 925 360,667 11,590 14,801 805 194 13, 740 7, 568 ’ 500 52, 515 765, 078 16, 734 45 37 285 111 2, 928 270 1, 474 39, 646 35, 621 8, 446 9,215 55 12, 19, 60, 5, 713 563 078 234 660 16, 145 7, 432 40, 876 14, 657 447, 551 591, 327 117, 458 62, 304 1, 211 __________ __________ 16, 401,120 665, 953 9,251, 202 Net demand deposits (see page 10)________ ________________ _________________________________ Demand deposits—adjusted............ ........................ .................. . Number of banks........... ........... ............... ........................... .................. ................ 816, 848 26,134 229, 297 6, 677 9,199, 589 295, 480 6,100, 686 7, 557, 690 327, 454 4, 530, 787 1,085 42 173 89 29 2 2, 590 42 141 11 205 10 377 214 237 20 1,380 405 51 4, 801 1,136 22, 923 2, 752 66, 341 29,’ 966 117, 054 19, 301 15, 082 7, 990 14, 921 2. 693 344 392 6, 997 598 49 15 60 73 138 46 234 53 86 11 170 3 422 844 1 32 2, 642 1,061 55 38 275 603 14. 490 7, 783 2, 196 1.320 63 104 2, 008 5, 704 53, 490 28, 905 17,118 15,128 1,008 229 4, 975 2, 748 31, 194 10, 142 7, 589 1,991 695 6 25 284 4,578 1, 722 934 383 20 3, 935 373 123 3, 436 137 2, 760 71 46 10, 327 5, 366 3, 378 815 49 1 58 13 3, 480 400 1,157 3, 68£ 43’ 339 1, 767 18, 201 645 11,193 4£ 2, 427 30 99 982,109 1, 549,153 549, 037 200, 801 1, 464, 882 503, 465 74, 083 245, 349 59, 290 855, 796 475, 743 483, 685 66 24, 778 141, 096 32, 964 94,186 67 66 27, 804 280,090 39, 966 273, 935 59 67 890 5, 715 59, 050 78, 699 16, 205 7, 351 142 584,872 261, 516 585, 613 223, 647 109 67 87, 280 96, 878 55 672, 358 247, 886 660, 079 208, 496 239 75 ALL MEMBER BANKS— CONDITION ON MARCH 7, 1938, OF BANKS IN CENTRAL RESERVE AND RESERVE CITIES1 AND OF BANKS OUTSIDE SUCH CITIES (COUNTRY BANKS) [Amounts in thousands of dollars. Federal Reserve bank and branch cities are shown in bold-face type] District No. 1 Coun try banks NEW Y O RK 2 442, 653 281, 207 8, 753 75, 765 808,378 9, 960 25,036 3, 895 287,452 25, 968 1,549 38, 885 16,012 234 4,313 2, 326 33, 537 19 1,982 545, 762 317, 368 45, 250 225, 606 133, 986 532 43, 369 13, 922 142, 961 33, 890 376 70,196 69, 301 353 3, 542, 3,186, 432, 1,179, 8,341, 97, 225, 33, 2, 945, 60, 4, 327 4,647 BOSTON Buf falo District No. 4 District No. 3 District No. 2 Coun try banks PHILA DEL PHIA Coun try banks CLEVE Cin cin LAND nati P itts burgh Co lum Toledo bus Coun try banks ASSETS Loans (including overdrafts)_______________________ _____ ____________ United States Government direct obligations_________________________ Securities fully guaranteed b y United States Government____________ Other securities-----------------------------------------------------------------------------------Total loans and investm ents---------------------------------------------------------Customers’ liability on account of acceptances------------------------------------Banking house, furniture, and fixtures_______ ____ ___________________ Other real estate owned_______________________________________________ Reserve with Federal Reserve banks--------------------------------------------------Cash in vault______________________________________ ____ _____________ Balances with private banks and American branches of foreign banks.. Demand balances with banks in N ew York C ity_____________________ Demand balances with other domestic banks_________________________ Time balances with other domestic banks____ _______________________ Balances with banks in foreign countries---------------------------------------------Due from own foreign branches_________________ _____ _______________ Cash items in process of collection____________________________________ Cash items not in process of collection________________________________ Acceptances of other banks and bills sold with endorsement__________ Securities borrowed___________________________________________________ Other assets__________________________________________________________ 579, 88: 126, 584 572, 498 ,187,275 602 82,984 61, 363 286,010 55,420 1,493 165, 240 41, 636 1,726 902 2, 50, 45, 61, 31, 835 306 37 519 35,469 660 50, 707 7, 787 74 40, 333 332 43 i,e 77, 984 552, 283 276,776 266,162 74, 642 68, 317 233,757 418, 326 974,170 ,305,088 43 8,128 60,172 23, 549 45,143 31,986 228,070 146, 621 14, 377 31, 900 796 3, 398 56,887 64,837 56, 745 59, 652 3,109 7, 006 1,664 5 45,143 60 61 131, 566 86, 659 6,311 39, 568 264,104 311 13, 541 4,490 43,184 5,711 183 24, 398 16,101 213 73 256,027 452, 655 2, 726 116,187 827, 595 301 24,948 5, 667 130, 417 8, 608 653 34, 799 27, 862 103 97 34,065 26,112 5, 535 31, 222 96, 934 9 5,039 633 22,133 3, 722 484 9, 667 20,480 14,483 13, 609 13, 689 179 139 32 16, 368 18 6, 583 10 2,455 2 10, 523 586 5, 524 148 415 150 2, 874 4,073 1,263, 873 1,546, 700 12,556,291 348, 431 , 003, 343 1, 471, 091 1, 728,154 Total assets.. 4, 630 1,046 342 24, 817 414, 707 35, 514 240, 348 69, 731 4,069 6, 235 287,193 70, 635 1, 011, 979 19 44,145 2, 333 1,521 14,120 29, 969 127, 569 36, 528 3, 534 4, 446 ""36," 064 5, 534 105, 748 11,805 22 30 11 13, 783 387,076 1, 082, 960 166,184 120,866 1, 402,151 LIABILITIES 964, 972 758,333 9. 820, 463 149, 413 1,212, 496 1, 008,192 547,121 340, 472 214, 083 D em a n d d e p o sits —Total -----------------------------------------------------------------------------------------------681, 367 614, 529 6,446,104 108, 947 820, 681 659, 355 458, 754 257,085 149,051 Individuals, partnerships, and corporations___________________________________________ 361,155 3, 836 9, 355 2, 347 4, 891 21, 602 15,121 6, 645 21, 045 United States Governm ent___________________________________________________________ 62, 330 19, 612 7, 579 54, 652 185, 781 13, 886 301,181 65, 600 52,938 States, counties, and municipalities___________________________________________________ 7,126 58, 229 50, 285 53, 398 263, 220 55,460 2,173, 886 19,883 191,144 Banks in United States_____________________________________________ _________________ 4,015 326, 664 1,070 317 737 466 86 9, 450 Banks in foreign countries___________________________________________ '. _______________ 15, 782 9, 556 2, 462 2,191 5, 348 326, 873 1,791 21, 649 9,028 Certified and officers’ checks, cash letters of credit and travelers’ checks, e t c ._________ 780,598 154,549 1, 412,179 249,239 874,294 256, 637 125,248 109,242 563, 674 T im e d ep osits—T otal___________________________________________________________________ Individuals, partnerships, and corporations: 524, 115,001 1,313, 121, 808 742,405 236,087 110, 534 418, Evidenced b y savings pass books_________________________________________________ 24, 65, 466 5, 553 7,970 20,066 20 , 7, Certificates of deposit_____________________________________________________________ 1,861 253, 16, 510 10, 601 2,907 67,181 18, Open accounts____________________________________________________________________ 3, 444 2, 181 6,327 12 655 589 Christmas savings and similar accounts__________________________________________ 11 , 12, 712 2, 290 555 5 Postal savings________________________________________________________________________ 29, 723 3,050 15, 270 67,899 18, 564 945 States, counties, and municipalities__________________________________________________ 535 11,458 19,180 691 2,2 1,146 Banks in United States____ __________________________________________________________ 7, 826 Banks in foreign countries____________________________________________________________ 1, 322, 007 10, 601, 061 303,962 2, 624, 675 1,257, 431 1, 421, 415 597,109 339,331 T o ta l d e p o sits _________________________________________________ ________________________ 1,074, 129, 332 Due to own foreign branches_____________________________________________________________ 500 210 42 Agreements to repurchase securities sold----------------------------------------------------------------------------,118 :, 419 2,170 Bills payable and rediscounts_____________________________________________________________ 61 37 43 Acceptances of other banks and bills sold with endorsement----------------------------------------------428 282 7,847 360 Acceptances executed for customers_______________________________________________________ 962 242 109 37 Acceptances executed b y other banks for reporting banks_________________________________ Securities borrowed_______________________________________________________________________ 564 2, 673 1,492 5, 636 3,403 2,011 Interest, taxes, and other expenses accrued and unpaid------------------------------------------------------Dividends declared but not yet payable and amounts set aside for undeclared dividends 464 1,122 405 7,950 619 979 279 77 415 and for accrued interest on capital notes and debentures________________________________ 2, 587 2,8 3, 436 257 41,847 11,081 5,200 2, 595 230 Other liabilities___________________________________________________________________________ 11, 599 14,138 3, 450 558 2,500 Capital notes and debentures__________ __________________________________________________ 104,417 21, 650 15, 700 565,810 201, 309 57, 203 "124," 984 34, 220 " 67," 106 Capital stock_____________________________________________________________________________ 70,815 91, 888 81, 710 801, 695 16, 225 89, 690 126, 937 7, 887 13,895 Surplus38,008 19, 298 28,086 156, 762 4,170 27,070 35, 787 2, 264 4, 223 Undivided profits—net_______________ ____________ ____ _____________ 11 11, 239 2,049 1,887 76,279 4, 485 11,878 13,460 7, Reserves for contingencies_____ ____ ____________________ ____ _______ 584 11 2, 555 130 117 1,481 150 Retirement fund for preferred stock and capital notes and debentures.. , Total liabilities (including capital account)-------------------Net demand deposits (see pai Demand deposits—adjusted _ Number of banks______ _____ 111, 641 67, 073 63, 984 55, 720 30 639 23,666 2, 514 21,123 6, 661 38 2, 800 1, 539 37, 692 40, 858 545,064 463, 876 4,128 59, 515 10,805 1 6, 739 664,042 147, 298 27, 706 33, 781 9, 902 3,430 3, 620 63, 205 501 80 324 1,137 38 696 1,420 240 622 3,075 30,413 25, 556 3, 24 571, 481 48, 009 5, 662 3, 635 8,074 26,499 682 597,179 405,918 10, 403 13,039 162, 891 231 4, 278,207 875,386 149,333 107, 931 1,209,106 702 11 40 260 4, 440 530 19 150 2, 484 518 1,852 52 115 400 6, 665 3, 455 917 787 14 238 1,068 4,935 93,931 58, 626 24,677 5,097 1,107 36, 667 124, 539 15, 064 24,186 9,300 4,963 1,602 1,263, 873 1,546, 700 12,556,291 348, 431 3,003,343 1, 471, 091 1, 728,154 663, 783 387, 076 1, 082, 960 166,184 120, 866 1, 402,151 876, 919 709, 796 11 587,302 9,118,154 121,470 965, 447 664,076 6,352,664 116,837 1,103,178 346 43 5 728 l 1 Outlying banks in above cities which have been authorized to carry country-bank reserves are included with country 2 Includes both central reserve city and reserve city banks. banks. 841, 474 674, 212 24 417, 210 278, 002 159, 895 516,157 265, 550 145,132 632 3 10 518,150 74,911 54, 638 407, 286 83,867 57, 318 12 4 5 393,041 519, 607 ALL MEMBER BANKS— CONDITION ON MARCH 7, 1938 OF BANKS IN CENTRAL RESERVE AND RESERVE C ITIES1 AND OF BANKS OUTSIDE SUCH CITIES (COUNTRY BANKS)— Continued [Amounts in thousands of dollars. Federal Reserve bank and branch cities are shown in bold-face type] District No. 5 RICH MOND Balti- Char lotte District No. 6 W ash ington Coun try banks AT LANTA Bir m ing ham Jack son ville N ash ville New Orleans Savan nah Coun try banks ASSETS Loans (including overdrafts)_______________________ _________________ United States Government direct obligations_________________________ Securities fully guaranteed b y United States Government____________ Other securities_______________________________________________________ T o ta l loa n s a n d in v e s t m e n ts _____________________________________ Customers’ liability on account of acceptances. _____ _________________ Banking house, furniture, and fixtures_______ ____ ___________________ Other real estate owned______________________________________________ Reserve with Federal Reserve banks_________________________________ Cash in vault_________________________________________________________ Balances with private banks and American branches of foreign banks.. Demand balances with banks in N ew York C ity_____________________ Demand balances with other domestic banks_________________________ Time balances with other domestic banks____________________________ Balances with banks in foreign countries_____________________________ Cash items in process of collection_________________ ____ _____ _______ Cash items not in process of collection___________ ____ _______________ Acceptances of other banks and bills sold with endorsement__________ Securities borrowed___________________________________________________ Other assets____________ _____________________________________ Total assets . 49, 323 37, 807 2,412 14, 786 104,328 1 59,986 116,420 7,479 21,097 204,982 288 7,179 602 64,161 5, 642 24,416 14, 358 4, 927 9,176 52, 877 140 1,328 80, 200 86,107 21,116 18, 627 206, 050 23 14,027 4, 330 57,142 9, 386 341, 697 141,186 39,192 100, 997 623, 072 158 24,133 10, 742 89, 775 22, 786 63, 772 23, 413 4, 251 12,066 103, 502 29, 451 11,421 5, 874 10, 961 57, 707 21, 796 20, 901 7, 265 10, 254 60, 216 4, 534 907 19, 054 1,378 108 9, 850 11,637 1,863 4,583 11, 781 1,411 3, 625 301 14, 056 1,250 10, 551 19 3, 305 53, 624 4, 264 1, 13, 724 72, 800 124 2,512 1,573 11, 227 1,462 66,121 72, 543 13, 522 21, 009 173,195 919 4, 964 1, 52,606 4,126 603 6, 667 64,002 130 4, 859 524 13,027 1, 50 3, 264 4, 546 2,159 320 841 2, 841 732 760 281 2,213 171 227,039 112, 599 38, 921 97, 788 476,347 376 19,196 6, 665 78, 987 21, 212 182 40, 909 108,530 3, 860 350 12,127 241 26 25 2, 227 152,752 340,251 82, 953 339, 390 914, 927 162,272 92, 622 108, 613 116,811 268, 974 97, 769 771,260 102,142 52, 558 1,347 8, 930 37, 969 25 1,313 34, 890 240, 671 138,438 10,130 20, 653 70,024 151 1,275 67,535 65, 937 19, 967 313 5, 222 40,178 208, 976 178, 649 1,092 52 26, 921 265 1,997 91,270 463, 065 329, 650 3, 971 60, 280 60, 595 115, 753 65, 467 4, 328 9, 765 35, 366 58,204 38, 652 769 3, 960 14, 653 68, 612 30, 526 2,814 12, 330 22, 532 817 26, 471 '"'"1 7 0 19, 066 410 34, 989 195, 934 85, 505 7,124 26, 366 74, 824 953 1,162 51, 018 63,968 41, 333 1,258 3, 383 17, f ‘ ""§,"569 334, 522 81, 692 32, 580 1,663 11,854 35, 329 16 250 17, 070 305 22, 499 469, 063 319, 010 7, 470 84, 274 53, 645 430 4, 234 211,773 31,931 54, 749 3,067 5, 297 398 125 569 3, 330 5, 096 2, 811 797 424 40 1,581 17 84, 535 2, 275 2, 739 1,037 409 293, 277 22, 425 2, 859 1,f~ 23,488 845 560 259 1,269 50 18, 949 30 44 15, 605 33 24,083 3, 499 8 20 10 5 113 5 151 1,095 141 32 2, 799 4, 435 36, 735 1, 447 793 283 4, 062 7, 648 50 20, 380 1,307 395 154 177 52 34 165, 705 25, 617 2,106 1,097 9,100 5,069 3,079 137, 032 308,206 75, M3 142,224 77,270 , 762 103, 601 246, 952 86, 467 680, 836 193 1,061 26 376 20, 291 1, 334 281 5, 625 9,418 100 1 7, 547 10 32, 906 10, 757 5 34 11,420 116 122 11, 211 626 15 4, 207 6, 287 74 101 31, 789 89,157 3,314 5, 734 12 21, 872 17,462 45 28 8,036 47 13 16, 640 294 206 10 4, 091 7,112 6,818 14, 549 1,925 30 5, 548 4 ~~7~736 13, 864 30 4, 904 4 43,198 2, 534 760 14, 690 12, 666 95 12, 537 5 5, 264 7 20 20 LIABILITIES D e m a n d de posits —Total________ _____________________________________________________ Individuals, partnerships, and corporations__________________________________________ United States Governm ent____________ ____ _________________________________________ States, counties, and municipalities__________________________________________________ Banks in United States_________________________________ _____ _______________ Banks in foreign countries_____ ______________________________________________________ Certified and officers’ checks, cash letters of credit and travelers’ checks, etc__________ T im e dep osits —Total__________________________________________________________________ Individuals, partnerships, and corporations: Evidenced b y savings pass books_________________________________________________ Certificates of deposit____________________________________________________________ Open accounts_______________________________________________________I . . . I ____ ~~! Christmas savings and similar accounts__________________________________________ Postal savings________________________________________________________________________ States, counties, and municipalities__________________________________________________ Banks in United States______________________________________________________________ Banks in foreign countries____________________________________________________________ T o ta l d e p o sits_________________________________________________________________________________ Agreements to repurchase securities sold___ ____ ________________ " . . . . I . ” 11" . " " Bills payable and rediscounts____________________________________________________________ Acceptances of other banks and bills sold with endorsement______________________________ Acceptances executed for customers______________________________________________________ Acceptances executed b y other banks for reporting banks_________________________________ Securities borrowed_______________________________________ ____ _________ ________________ Interest, taxes, and other expenses accrued and unpaid"___________________________________ Dividends declared but not yet payable and amounts set aside for undeclared dividends and for accrued interest on capital notes and debentures______ _________________________ Other liabilities..____ ____________________________________________________________________ Capital notes and debentures______________ ________ ___________ ” Capital stock________________________________________________________ Surplus. Undivided profits—n et._______ _________________________ Reserves for contingencies.________________________________________ Retirement fund for preferred stock and capital notes and""debentures.. 100 257 9, 676 55 1 625 1, 418 310 96 141 27 174 7, 800 4, 690 1,747 776 5 1,820 13, 250 8,993 5,134 1,833 64 Total liabilities (including capital account)_____________ 152,752 340,251 82,9 Net demand deposits (see page 10)___________________________________ Demand deposits—adjusted_________________________________________ Number of banks____________________________ ____ __________ 79, 552 55, 254 5 185, 588 148, 946 49, 709 19, 712 4 212 11 2, 450 2, 000 1,457 996 275 300,246 797,587 23 882 206 129 29 830 1,508 365 500 16, 390 12, 583 7,207 1,138 44 1,332 432 60, 966 32, 692 14,052 4,192 852 8, 875 5,815 2, 254 2,106 75 12,005 1,063 1,028 941 6 , 000 339,390 914, 927 162,272 325, 720 381,859 372 83, 715 65,498 3 1 Outlying banks in above cities which have been authorized to carry country-bank reserves are included with country banks. 68 8! 750 1, 948 268 20 10 20 121 3 135 1,132 3 372 20 130 164 153 17 234 260 1, 121 423 8, 800 2, 650 938 186 10, 350 5, 975 3,091 295 405 92, 622 108, 613 116, 811 43, 696 39, 477 54, 777 39,136 3 42,108 38, 362 4 112 2 2 , 200 20 2 25 643 1 529 453 6, 050 2, 552 1,031 177 2 95 706 150 48, 617 25, 835 10,199 2, 266 403 268, 974 97, 769 771, 260 156,041 100, 496 4 50, 660 39, 757 4 307, 497 395, 391 303 112 ALL MEMBER BANKS— CONDITION ON MARCH 7, 1938. OF BANKS IN CENTRAL RESERVE AND RESERVE C ITIE S1 AND OF BANKS OUTSIDE SUCH CITIES (COUNTRY BANKS)— Continued [Amounts in thousands of dollars. Federal Reserve bank and branch cities are shown in bold face type] District No. 8 (see also page 15) District No. 7 ASSETS LIABILITIES Individuals partnerships, and corporations . . ___________ ____ ___________________ United States Government - ________ __________________________ States counties and municipalities - ________________________________ Banks in United States _ ________________________ ______________________ Donlrc in fnroicm pnTintriAQ ______ Certified and officers’ checks, cash letters of credit and travelers’ checks, etc___________ Individuals, partnerships, and corporations: Evidenced b y savings pass books_________________________________________________ Certificates of deposit _____________________________________________ Open accounts ______________ ________ Christmas savings and similar accounts ___________________ Postal savings -- - ________________________________ States counties and municipalities Rorilrs in TTnifpd S t a t P S ________________ Aponntonoac nf n+Vior hontc cmH VnllQ QnlH with ATlfJfir^ATTIfVnf, A oyopiiI oH fnt* niKtnTTIArQ A nnnntonnno ov^nnf aH Ktt ntliDr hoTllrQ fnr TPTinT't‘ 1T1IT Interest taxes and other expenses accrued and u n p a id ___________________________________ Dividends declared but not yet payable and amounts set aside for undeclared dividends onH fr\T o n n r norl ati Pflnitftl nntPQ Qtlfl HfthftlltnrftS Other liabilities __________________________________________________ Capital notes and debentures _________________ Capital stock ________________ ________________________ ____________ Undivided profits—net ______________________ ______________ Reserves for contingencies - ______________________________________ Retirement fund for preferred stock and capital notes and debentures Total liabilities (including capital account) Net demand deposits (see p. 10) Demand deposits—adjusted Number of banks Des Cedar Rapids Moines CHI CAGO 2 De troit 670,028 1,073, 556 109, 670 305, 881 2,159,135 3, 448 24,098 7, 745 599,077 29, 580 3, 687 106,202 59, 914 1,370 1,750 93, 429 135 166 135, 415 236,660 52, 752 45,177 470, 004 3 3, 577 1,404 102, 821 13, 353 494 64,019 27, 229 500 769 18, 469 120 19, 824 2, 842 ! Outlying banks in above cities which have been authorized 2 Includes both central reserve city and reserve city banks. 7,236 2, 695 1,733 7,895 19, 559 26, 564 15, 632 5, 358 8,161 55,715 431 4,916 1,054 1,022 7,423 1,167 4,090 436 2,134 63 11,625 1, 302 53 24 1,028 189 638 3,037 1, 856 11,672 193 416 2,035 44 3, 543 30 20 462 9 ____ Grand Indian M il Rapids apolis waukee 15, 312 36, 687 66, 431 15. 432 75,104 116,698 6,086 8,166 6,911 8, 037 28, 369 25, 269 45, 692 148,326 214, 484 33 6 5,050 4, 331 1, 573 1,202 712 677 9,190 30,931 43, 763 4, 540 4, 273 1,606 274 9,917 2, 239 13, 324 2,492 13, 363 19,911 752 700 5 44 37 56 6,969 13,881 1,375 157 106 3 5 ST. Country LOUIS banks Sioux City Peoria 10, 877 15, 740 4, 639 5, 612 36, 868 27 2, 213 242 5, 888 1,037 93 2. 434 3, 892 296 1,267 3 8,062 391, 751 312, 586 3, 368 111,055 2, 225 1,893 283, 675 15,548 1, 099, 067 14 36, 767 477 6, 661 3,036 168, 965 576 40,118 6 284 33, 531 163, 553 4,510 2,100 253 802 18, 779 437 4 33 32 48 3, 725 166, 222 159, 776 26, 758 67, 647 420,403 589 5, 364 4, 771 103,939 4, 416 198 35, 430 20,992 73 23, 738 191 11 Little Rock 13, 381 3,411 3, 764 4, 248 24, 804 774 103 5, 474 448 639 4, 806 80 2, 625 7 1,404 79 1,844 148 3,109, 560 705, 611 31, 006 88,180 9, 797 64, 972 223, 557 315, 408 54,339 25,285 1,574, 041 621,959 39, 908 2,262, 555 456,551 1, 393, 980 316, 908 93, 813 10,006 170, 061 62,884 577, 335 61, 272 7,193 689 4, 792 20,173 566,244 201, 027 22, 017 8, 553 22 841 12, 493 69, 568 29,812 1,370 20, 395 17, 309 3, 766 2, 923 43 421 342 29, 885 22,140 456 1,798 4,413 18, 776 9, 338 111 2,146 7, 026 682 10, 722 37 5,244 1,078 17,815 155 4,149 458,636 269, 556 8, 046 27, 916 150, 502 212 2,404 105, 972 30, 23 14, 798 87 4, 997 10,114 108 6, 766 29, 425 154,299 202, 470 18, 815 79,090 114, 674 3, 384 251 8,314 6,045 31, 468 31, 828 3, 912 33, 531 50, 333 195 59 2, 056 402 1,837 28, 977 47, 722 82, 646 489, 724 196, 820 1,172 21, 546 34, 237 1,839 52 790 5 19, 790 249 152 895 2, 828, 799 657, 578 6, 388 378 10,062 223 400 26 11 4, 565 625 27, 960 669 15, 755 1,130 80,290 9, 010 89 5 93 161 58, 402 560,161 94, 293 5, 382 71,980 1,609 1,167 3,084 108 4,202 22 12, 997 1,143 5,000 22,925 1, 414, 671 564, 608 95 33 11 14 606 6, 249 234 54 34, 559 77,139 2, 869 7,026 1,076 16 322 174 155 37 14 1,203 5, 778 202,021 285,116 166 3, 252 467 7 3 10, 494 542 146 3, 326 640 135,170 70, 765 21, 765 34, 441 129 28, 783 2, 004, 267’ 347,595. 1, 490, 785i 366,115» 44 4 16 467 5 3 17 14 302 527 4 4 9 25 865 8, 575 7, 585 3,135 1,017 12 30 311 1,485 17, 800 4, 375 4,034 1,468 226 166 1 763 47, 700 16 10 140 4, 095 1,905 474 62 12 29 17 50 31, 60C 10, 815 9, 685 2, 326 1,656 800 334 137 76 25,285 1,574,041 621, 9 5 i 39, 908 9 15 3, 260 2,150 771 393 1, 250 821 129 78 24 9,797 64,972! 223,557 315, 408; 54,339 16,307’ 7,467' 1 2, 695i 2, 919i l 23,3ISI 120,643; 158,761 23,887' 105,426i 134,677’ 5i 4 31 22, 292! 13,180i 23,7491 10,837 4 3; to carry country-bank reserves are included with country banks. 25 36, 800 38 31, 0061 88,180i 52,497 47,346 3; 44 10 889 404 300 300 88 83 . 32 2,145 242 6, 562 1,015 43 5, 000 1,141 923 293 256 500 1,300 223 200 759, 495 581, 932 6, 416 135,198 25,953 13 9, 983 655,176 3, 706 426 1 10 6 27 107 59 495 27,000 12, 560 5,901 1,376 90i 67 220 20 6 - - ____________________ ____ 3,109,560i 705,611 ____________________________________________ ____________ _______________________________ _____ ________- ________________ D u buque 127 1,130 2,714 86, 486 35,845 21, 208 7,816 1, 725 _ 543,765 378, 47f 708,334 276,138 699 11 22,168 17, 412 4 ALL MEMBER BANKS— CONDITION ON MARCH 7, 1938, OF BANKS IN CENTRAL RESERVE AND RESERVE CITIES 1 AND OF BANKS OUTSIDE SUCH CITIES (COUNTRY BANKS)— Continued [Amounts in thousands of dollars. Federal Reserve bank and branch cities are shown in bold-face type] District No.8—Cont’d District No. 9 Lou M em Coun MIN is try NEAP phis ville banks OLIS Loans (including overdrafts)_____________ _____________ ______________ United States Government direct obligations_________________________ Securities fully guaranteed b y United States Government____________ Other securities_________ _____________________________________________ Total loans and investm ents____________ __________ ______________ Customers’ liability on account of acceptances________________________ Banking house, furniture, and fixtures____________ ____ ______________ Other real estate owned_________________________ ____ ________________ Reserve with Federal Reserve banks....... ..................................................... Cash in vault_____ ________________________________________________ Balances with private banks and American branches of foreign banks. Demand balances with banks in New York C ity _____________________ Demand balances with other domestic banks_________________________ Time balances with other domestic banks_______________________ ____ Balances with banks in foreign countries_____________________________ Cash items in process of collection____________________________________ Cash items not in process of collection________________________________ Other assets_________ ________________________________________________ Total assets . ^64, 485 20, 607 6,314 11, 552 102,958 54, 252 15, 731 9,890 13,000 92,873 2,032 4, 346 134 2,937 21,872 18,244 2,183 1,745 275 28 11, 220 9,085 15,893 16,145 27 30 48 9,077 7,070 11 105 79, 838 97, 582 4,153 16, 704 198,277 124 4,138 491 41, 491 2,363 54 10,018 16,962 632 14,028 55 1,472 Hel ena St. Paul 2, 465 4,801 781 1,796 9, 843 District No. 10 (see also p. 16) Coun K A N Okla Kansas try SAS Den homa O m a City, ver ha banks C ITY City Kans. 87, 548 45, 689 78, 693 47,155 7, 890 5,1 43, 723 15, 680 217, 854 114,: 373 16 2, 756 81 3,317 568 2,019 119 i, 631 ,952 532 ’, 543 3 605 1,462 164 34,738 3,196 534 10, 940 18, 318 1,150 23 8, 974 19 852 26, 266 11, 248 8,17420, 856 66, 544 63 1,313 1 16, 735 777 97 3, 586 15, 784 i, 553 25 183 Lin coln Pueblo 33,149 4, 273 9,164 26,026 3,823 15,122 4, 295 961 658 16,135 1,382 1,466 79, 605 10, 439 26, 410 641 6,480 482 683 8,286 3, 461 132 17, 795 1, 250 650 81 2,318 176 193 74 1,836 370 4, 451 7. 796 392 3, 849 2,147 6,184 1 8, 376 476 1,829 415 2 168 843 12 6,003 1,951 7,035 2, 250 169,093 150,122 629,292 290,105 16, 391 174, 057 625, 947 384, 424 194, 732 111, 661 123, 671 18, 383 44,202 22, 043 LIABILITIES Demand deposits—T o ta l_______________ ________________________________________________________ 117,567 104,130 323, 611 208,082 12,286 115,107 282, 331 327, 981 128, 905 Individuals, partnerships, and corporations___________________________ ______ _________________ 59, 524 52, 235 230, 655 109, 682 6, 731 58,060 199, 985 137, 280 85, 369 1,:“ 663 4, 741 236 633 1, 266 3, 575 United States Governm ent____________________________________________________________________ 17 332 5,504 14, 926 46, 341 21,518 1,927 20, 856 51, 261 13, 996 8,236 States, counties, and municipalities____________________________________________________________ Banks in United States_______________________________ ______ ______ ______ ___________________ 50, 344 35, 544 39,176 72, 708 3, 420 34,048 24, 721 168, 207 33, 281 Banks in foreign countries_____________________________________________________________________ 562 123 24 131 28 926 762 2, 698 3, 376 191 1,387 5,074 4, 792 1,659 Certified and officers’ checks, cash letters of credit and travelers’ checks, etc____________________ 37, 964 275, 297 29, 557 46, 913 Tim e deposits—Total__________________________ ____ ____________________________________________ 29, 724 30, 834 232,161 52,326 Individuals, partnerships, and corporations: Evidenced b y savings pass books__________________________________________________________ 26, 332 27, 691 146, 538 48, 555 2, 404 33, 570 202, 170 24, 655 43, 655 1,732 1,230 66,998 1,384 197 1,880 62, 971 2,912 Certificates of deposit______________________________________________________________________ 69 127 831 51 Open accounts_____________________________________________________________________________ 25 9 678 1,135 40 332 144 492 Christmas savings and similar accounts_____________ ______________________________________ 563 23 424 488 432 5 5 4, 679 Postal savings_________________________________________________________________________________ 15 3,402 6 120 1, 111 1, 489 10, 882 States, counties, and municipalities____________________________________________________________ 6 5, 348 50 17 85 275 1,741 1,778 2, 422 Banks in United States________________________________________________________________________ 240 375 2,580 134, 964 147,291 14, 919 153, 071 557, 628 357, 538 175, 818 555, 772 260, 408 Total deposits____________________________________________________________________________________ Agreements to repurchase securities sold________________________________________ ____ _____________ 200 51 Bills payable and rediscounts_______ ______________________________________________________________ Acceptances executed for customers________________________________________________________________ 23 123 3 Acceptances executed by other banks for reporting banks__________________________________________ 1 624 1, 142 Interest, taxes, and other expenses accrued and unpaid____________________________________________ 1, 018 216 508 Dividends declared but not yet payable and amounts set aside for undeclared dividends and for 200 61 accrued interest on capital notes and debentures____ ____ _______________________________________ 10 14 6 120 225 566 1,355 3, 130 Other liabilities_______________________ _____________________________________________________ ____ 494 186 77 2, 748 Capital notes and debentures_______ ______________________________________________________________ 284 7, 562 5, 500 39, 659 14, 370 1,065 8,164 39, 844 12, 908 6,410 Capital stock_____________________________________ _____ __________________________________________ 6, 420 5,000 17, 863 9, 402 Surplus.. 238 6, 250 16, 655 7, 383 6, 467 2,053 3,148 9, 383 2,135 Undivided profits—net______________________________________________ 144 1,930 7, 576 5, 361 3,405 98 719 1,765 1,148 Reserves for contingencies____________________________________________ 788 1,911 826 1,703 413 11 82 Retirement fund for preferred stock and capital notes and debentures. 749 426 24 Total liabilities (including capital account)______________ Net demand deposits (see p. 10)_____________________________________ Demand deposits— adjusted_________________________________________ Number of banks___________________ __________________________ _____ 14, 423 12, 646 3,696 4, 204 4, 572 1,253 603 299 145 616 801 56 39 238 5 1 10 1,336 118 530 99,224 112, 762 16, 956 40, 868 20,104 63 269 336 23 176 7, 350 2,016 2,209 194 6, 450 2, 627 440 779 251 1 942 308 96 1,690 687 347 498 34 500 1.000 73 288 169, 093 150,122 629,292 290,105 16,391 174, 057 625, 947 384, 424 194, 732 111, 661 123, 671 18, 383 44,202 22, 043 81, 377 71, 830 227, 212 167,074 56, 877 60, 853 271, 847 120, 548 3 4 367 i Outlying banks in above cities which have been authorized to carry country-bank reserves are included with country banks. 80, 426 99,213 12, 801 36,247 14, 376 41,141 51, 304 3,468 16,698 9, 355 345 1,047 405 356 18 10, 491 5,642 4,907 6,091 880 26, 759 40, 368 3,904 12, 638 4, 082 1 851 464 1,690 117 41 18, 798 13, 549 4,155 4,621 5, 728 9,167 188, 240 226,069 90, 673 54, 503 78, 590 8,317 72, 760 249, 808 131, 471 86, 290 46, 769 49, 421 2 3 457 7 5 8,084 26,087 5, 342 8,016 21, 424 10, 228 2 3 1 ALL MEMBER BANKS— CONDITION ON MARCH 7, 1938, OF BANKS IN CENTRAL RESERVE AND RESERVE CITIES1 AND OF BANKS OUTSIDE SUCH CITIES (COUNTRY BANKS)— Continued [Amounts in thousands of dollars. Federal Reserve bank and branch cities are shown in bold-face type ] District No. 10—Continued St. Joseph To- Tulsa W ich ita District N o. 11 Coun try banks DAL LAS El Paso SanA ntonio Hous ton Fort Worth Gal ves ton W aco Coun try banks ASSETS Loans (including overdrafts)____________________________ _____ _______ United States Government direct obligations_________________________ Securities fully guaranteed by United States Government____________ Other securities____________________________ __________________________ Total loans and investments______________________________________ Customers’ liability on account of acceptances________________________ Banking house, furniture, and fixtures________________________________ Other real estate owned_______________________________________________ Reserve with Federal Reserve banks_________________________________ Cash in vault_________________________________________________________ Balances with private banks and American branches of foreign banks.. Demand balances with banks in New York C it y ..___________________ Demand balances with other domestic banks_____ _____ _____________ Tim e balances with other domestic banks____________________________ Balances with banks in foreign countries______________________________ Cash items in process of collection___________ ________________________ Cash items not in process of collection________________________________ Acceptances of other banks and bills sold with endorsement______ ___ Securities borrowed____________________________________ _____ ________ •Other assets____________________________ _____________________________ Total assets.. 9, 283 4, 588 2,005 2, 896 18, m 4, 486 7, 254 2, 264 3, 238 17,m 339 83 3, 297 528 57 5,042 438 1,406 4, 323 40 1,095 6, 099 7 38, 795 19,335 5,065 8, 707 71, 902 13 4, 580 147 14, 797 1,250 200 11,752 20,301 625 10,182 197, 851 8, 273 93,198 8,514 31, 708 3, 390 86,831 409,588 9 1,298 13, 960 1,692 68,075 666 12,615 200 * 27 3, 384 13, 304 10,397 131, 599 4, 354 31 1,605 4, 981 24 219 92, 414 40, 347 6,110 9,017 147, 888 850 6, 545 1,847 31,089 1,802 1,230 22, 650 34, 485 9, 968 9,133 626 50, 838 67, 013 8 15, 543 141,596 244 20,5 240 45 4, 490 373 2, 653 4, 464 8,202 6, 202 519 38, 040 3, 535 1, 581 21,684 29,074 19, 635 26, 765 4, 749 7,489 58, 638 29, 649 13,194 4, 899 8, 626 56,368 8 9,860 2, 675 779 13,185 1,382 437 5,071 14,704 1 3, 749 5, 449 3, 465 157 12, 615 1,483 212 8, 221 11, 239 4, 846 710 4,179 20, 974 167 1,168 166 5, 629 662 5, 561 200 38 12 17 8, 597 79 25 138 953 5 5, 571 208,153 3, 469 79, 239 2, 0321 18,937 1,566 83, 491 12,638 389, 820 3 14, 727 249 3, 864 2, 338 79, 777 460 15, 802 10 304 666 22, 569 3, 629 140,178 205 1,150 188 679 8, 084 322 15 1, 864 1 1,440 101 273 459 18 545 155 29, 437 32, 638 127,286 6, 884 660,913 34, 644 251, 738 98, 641 100,205 42, 111 21,189 678,501 19, 079 9, 528 72 990 8,319 27, 488 12, 989 705 7,184 6, 374 95,242 57,997 6, 496 10, 522 19,174 48, 024 427,505 23, 325 312, 518 1,033 2, 387 5, 404 83,694 17,095 23,130 236 2, 509 1,053 20, 440 1,167 5, 776 3, 645 156,259 23,560 15,030 271 2,139 5, 700 147 273 8, 669 190, 479 120, 761 2,715 15, 759 49, 336 48 1,860 32,974 70,200 46, 979 2, 678 V 14, 738 181 928 19, 416 77,757 42, 876 181 6,935 26, 634 32 1,099 14,038 24, 896 13, 694 530 1,730 8, 652 170 7,733 204,155 103,057 14, 584 16,162 68,126 37 2,189 27,505 14, 032 500,078 9, 909 381, 213 203 2, 537 2,471 72, 307 1,122 37, 359 226 327 6, 436 4,977 97,783 6, 936 506 1,964 491 5 17 10,837 1,480 V 3, 567 34 25, 227 471 8, 372 157 29, 851 636 15, 780 386 13,125 333 55 11, 347 271 553 2, 697 145 562 1,075 89, 616 91,'795 38, 237 46 12,311 51 1,' 50 53 1,660 LIABILITIES Demand deposits—Total_______________________________________________________________ Individuals, partnerships, and corporations___________________________________________ United States Governm ent___________________________________________________________ States, counties, and municipalities___________________________________________________ Banks in United States_______________________________________________________________ Banks in foreign countries____________________________________________________________ Certified and officers’ checks, cash letters of credit and travelers’ checks, etc______ ____ Tim e deposits—Total___________________________________________________________________ Individuals, partnerships, and corporations: Evidenced b y savings pass books______________ ____ _____________________________ Certificates of deposit____________________________________________________________ Open accounts____________________________________________________________________ Christmas savings and similar accounts__________________________________________ Postal savings________________________________________________________________________ States, counties, and municipalities_________ _________________________________________ Banks in United States_______________________________________________________________ Total deposits__________________________________________________________________________ Agreements to repurchase securities sold_________________________________________________ Bills payable and rediscounts____________________________________________________________ Acceptances of other banks and bills sold with endorsement______________________________ Acceptances executed for customers______________________________________________________ Acceptances executed b y other banks for reporting b a n k s . _____ ________________________ Securities borrowed______________________________________________________________________ Interest, taxes, and other expenses accrued and unpaid___________________________________ Dividends declared but not yet payable and amounts set aside for undeclared dividends and for accrued interest on capital notes and debentures________________ ______________ Other liabilities__________________________________________________________________________ Capital notes and debentures____________________________________________________________ Capital stock_____________________________________________________________________________ Surplus.. Undivided profits—net_______________________________________________ Reserves for contingencies____________________________________________ Retirement fund for preferred stock and capital notes and debentures.. 42 249 26, 812 1,001 12 16 4, 336 20 1,825 29, 997 115, 682 100 120 33 32 41 234 60 223,453 2, 090 2, " 15 1,405 51, 669 583,764 1,674 231., 660 2, 140 32,229 684 4,818 63, 721 21, 441 2, 270 362 53 2, 272 20 7,112 605 i§, 009 597,861 40 381 25 1,360 395 1,300 969 263 62 1,400 549 522 6, 395 4,000 426 111 Total liabilities (including capital account)-------------------- 29, 437 32, 638 127,286 Net demand deposits (see p. 10)_________________ _____ ___ ____ ______ Demand deposits—adjusted_______________________________ ____ ______ Number of banks____________________________ ________________________ 12, 747 10, 085 18, 430 18, 545 4 1 Outlying banks in above 91,826 55,003 2, 243 290 13,341 61, 749 68, 132 4: 599 15,150 6, 716 4, 754 515 65 >6, 884 660, 913 260, 874 34, 644 32, 638 277, 873 28, 291 397,007 4 683 134, 709 109, 097 14, 955 15, 954 cities which have been authorized to carry country-bank reserves are included with country banks. 11 33 156 589 55 300 46 41, 995 20, 363 11,043 1,801 458 2, 400 1,485 982 132 5 211 53 513 26' 202 600 1,000 50 15,125 7, 466 2, 978 1, 49 11 155 768 350 43,049 22, 854 10,248 1, 743 483 4, 650 1, 535 1,252 451 251 1,650 1,163 609 135 251, 738 98, 641 100,205 42, 111 21,189 678,501 131,124 129, 783 48, 370 48,854 11, 699 14, 761 4 9, 058 329, 255 12, 028 451, 872 512 3 10 5, 1,926 1,354 223 60 52, 533 45, 461 3 1,275 573 241 65 5 w MEMBER BANKS- -CONDITION ON MARCH 7, 1938, OF BANTTS $ A m B IN CENTRAL RESERVE AND RESERVE CITIES 1 AND OF BANI OUTSIDE SUCH CITIES (COUNTRY BANKS)— Continued [Amounts in thousands of dollars. Federal Reserve bank and branch cities are shown in bold-face type.] District No. 12 SA N FRAN C IS C O Los A n ge les , 026,890 535, 704 100, 640 251,396 , 914, 630 8, 068 57, 312 5, 579 268, 161 21, 441 1,873 30, 449 42, 772 373, 220, 61, 93, 748, P o rt land S a lt Se Lake a ttle C ity Recapitulation S p o Oak kane land Og den C oun try banks Federal Reserve bank cities Federal Reserve branch cities Other reserve cities Country banks Total ASSETS Loans (including overdrafts)_____________________ ____________________ United States Government direct obligations_________________________ Securities fully guaranteed b y United States Government______ Other securities______________________________________________________ Total loans and investments______________________________________ Customers’ liability on account of acceptances_____________ ____ _____ Banking house, furniture, and fixtures________________________________ Other real estate owned_________________________ ____________________ Reserve with Federal Reserve banks_______________ Cash in vault________________________________________________________ Balances with private banks and American branches of foreign banks.. Demand balances with banks in New York C it y _____________________ Demand balances with other domestic banks_________________________ Tim e balances with other domestic banks_______ ______ _____________ Balances with banks in foreign countries______________________________ Due from own foreign branches Cash items in process of collection_________________ __________~~~____ " Cash items not in process of collection________________________________ Acceptances of other banks and bills sold with endorsement _ Securities borrowed_________________________________________ Other assets_______________________ ____ ________________ T o ta l a ssets.. 21, 18, 125, ,001 71 ,040 641 38, 1,904 950 3, 064 52, 848 253 186 31,815 523 174 9, 323 97, 001 11, 575 555 11, 254 66, 331 6, 084 357 3, 243 8, 996 1, ■" 2, 574 25, 278 4, 271 195 2,917 197, 606 23,568 1,107 19,988 137 4, 235 25 308 618 367 11 30 36, 585 5,012 124 4, 786 54 554 889 5, 793 1,184 862 18, 657 1,861 405 458 265 7, 842 5,015 10,934 1,148 7 307 96 1,106 116 955 90 448 11 72 6,833, 5, 941, 816, 2, 256, 15, 847, 128, 391, 104, 4, 702, 175, 16, 424, 390, 11, 74, 2, 937, , 929 1, 376 37, 1,430 105, 993 785,860 557, 885 4,369, 675,146 532,108 2,476, 261,067 102, 295 647, 604,497 196, 499 2,465, 326,570 ,388, 787 9,958, 421 3, 708 1, 132,176 60,985 387, 11, 596 49, 859 175, 856,190 324, 378 1,365, 40, 664 77, 953 309, 7,504 1,849 3, 324, 680 114, 524 513, 353, 242 203, 985 1,136, 5, 383 7, 568 46, 3, 401 765 3, 213,556 1,611 744 75, 649 473 180, 27, 356 5, 320 105, 3, 546, 245 625, 221 826,966 522, 737 521,169 134, 473 971,875 341, 875 248, 811 603, 541 29,110 377,425 084,157 70, 416 81, 737 2, 326 406, 710 7,179 39,036 943 244,090 2, 415, 959 1, 030,513 229,157 83, 657 281, 717 36,171 1, 930 27, 709 655, 756 23,352, 943 6,386,118 2,234, 827 14,190,985 46,164, 873 LIABILITIES D e m a n d d ep osits—T otal________________________________________________ __________ 953, 622 Individuals, partnerships, and corporations_______________________________ 649, 515 United States Government__________________________________________________ ] ~ 50, 124 States, counties, and municipalities___________________________ _ ~~~ 81, 645 Banks in United States__________________________________ I_____ 140, 540 Banks in foreign countries______________________________________ 8, 533 Certified and officers’ checks, cash letters of credit and travelers’ checks, etc______ 23, 265 T im e d ep osits—Total______________________________________________________________ , 223, 385 Individuals, partnerships, and corporations: Evidenced b y savings pass books_____________________________________ 987, 542 Certificates of deposit_______________________________________ ~~~~~~~ ~ 30, 408 Open accounts________________________________________________________! ~~~~ ~" 38, 027 Christmas savings and similar accounts_____________________ 5, 676 Postal savings_____________________________________________________________ ~ ~ ! 19, 856 States, counties, and municipalities_______________________ . __ _ 124, 366 Banks in United States_______________________________________ 14, 985 Banks in foreign countries____________________________________ 2, 525 T o ta l d e p o s it s _______________________________________________________________ , 177, 007 Due to own foreign branches__________________________________ Agreements to repurchase securities sold________________________________________ 3, 935 Bills payable and rediscounts_______________________________________ 4,200 Acceptances of other banks and bills sold with endorsement__________________________ 186 Acceptances executed for customers____________________________________________ 8, 055 Acceptances executed b y other banks for reporting banks_____________ 780 Securities borrowed____________________________________________________________ Interest, taxes, and other expenses accrued" and unpaid________________________ 5, 833 Dividends declared but not yet payable and amounts set aside for undeclared dividends and for accrued interest on capital notes and debentures______________ 115 Other liabilities___________________________ _____________________ _ " ’ 7,905 Capital notes and debentures____________________ Capital stock________________________ _______________ 103, 950 Surplus. 62, 894 Undivided profits—net____________________________ 36, 855 Reserves for contingencies_________________ 3, 597 Retirement fund for preferred stock and capital notes and debentures.. 647 T o ta l lia b ilities (in clu d in g cap ital a c c o u n t ) _______________ Net demand deposits (see p. 10)_________________________ _____ Demand deposits—adjusted____________________ ______I ” Number of banks______________________________________ http://fraser.stlouisfed.org/ 1 Outlying banks in above Federal Reserve Bank of St. Louis 433,225 356, 855 7,443 11,049 45,081 1,078 11,719 498, 065 123,999 53, 424 90, 865 31, 462 4, 296 75 11, 450 8, 827 13, 863 12, 790 651 2, 874 270 86, 572 21, 408 177,476 21,280 121,108 15, 803 3, 260 62 19, 378 1, 30, 587 3, 478 1,162 7 1,981 23 76,449 11, 88 926 15,479 319,132 613 8, 727 249, 798 103 1, *“ 148 3, 599 50, 820 143 2, 890 11, 944 8 22 160 4, 874 611 9,372 266, 798 16, 767, 025 !, 794, 684 1, 483,318 6, 607,294 28,652,321 10, 825, 006 2, 436, 457 892. 270 4,962, 601 19,116, 334 582, 202 76, 509 27, 705 752,141 65, 725 662, 976 304, 486 196, 274 1,072,801 2, 236, 537 3, 937, 232 927, 274 346, 828 403, 312 5, 614, 646 712 6, 499 357, 569 366, 265 1,485 19, 529 402, 040 43, 459 566, 398 101,370 3, 462, 066 1, 862, 839 525, 494 5, 743,958 11,594, 357 432, 889 75, 889 20, 194 72, 701 11, 297 27, 423 3, 717 882 1,881 561 5, f ‘ “ 7 206 33 20 1 5 70 31,515 6, 605 200 325 360 287 930 931,290 210, 571 174 924 111 30' 37 106 3, 726 193 1,623 50,000 23,135 6, 354 12, 980 3 441 8, 925 237, 087 2, 584, 950 525, 243 454, 538 4,911,859 i, 476, 590 31 338 16,086 129, 245 78, 376 30, 488 739, 211 501,102 35 420, 555 83, 528 7, 386 573,094 1,970 61, 625 4,.— 4 15, 305 244 3, 200 33, 275 56, 278 59 2, 235 24, 058 5, 793 3, 396 56, 341 100 233, 736 108, 788; 10, 342 8, 732 512,129 159, 263 ~50 16,144 444 43,416 56, 613 136, 666 20, 493 10, 801 10, 801 74, 1 253,925 33,168 1,537 24, 851 585, 930 20,229, 091 5, 657, 523 2, 008, 812 12,351,252 40, 246, 678 129, 332 129, 332 242 3, 935 4, 947 770 16, 350 50 11,326 27, 919 96 744 37, 888 356 39,036 146 127, 995 3, 347 36 132, 758 1,380 11, 048 636 385 404 12, 473 660 283 943 190 50, 556 4, 363 672 16,126 22, 01 93,062 244 260 31 17 170 399 6 403 7, 500 4, 450 14,900 1,69’ 5, 250 1,851 5, r 850 1, 235 4, 274 2, r 197 1,626 330 1,592 150 168 29 2, 415, 959 1,030, 513 229,157 56 1,344 245 512 326 1,279 35, 983 64 446 17, 447 354 10, 223 390 2, 215 31 708 11, 500 64, 609 15, 336 1,054,162 1,159, 462 289, 950 149, 401 1,668 3, 672 11,804 8, 220 289, 226 260, 838 73, 439 58, 450 1, 801 413 5,127 3, 948 111, 156 62,159 27, 629 9, 483 1, 075 17, 762 2,177 108, 116 26, 576 23, 770 51, 274 921, 240 2, 375, 784 537,820 2,020, 279 611, 508 220, 490 59, 593 276, 927 11,531 16,075 281, 717 36,171 1, 930 27, 709 655, 756 23, 352, 943 6,386,118 2,234, 827 14,190,985 46,164, 873 142, 092 15, 289 131, 533 16, 585 5 cities which have been authorized to carry country-bank reserves are included with country banks. 317 11,986 743 12,038 1 2 2, 904,108 1,089,160 4,780,736 23, 789, 968 2, 570, 846 1,032,424 5,956,699 20, 512, 559 132 89 5,945 6, 335 18 ALL MEMBER BANKS— CONDITION ASSETS [in thousands of dollars] N um ber of banks State Loans (includ ing over drafts) U. S. Govern ment direct obliga tions Securi ties fully guaran teed by U. S. Govern ment Other securi ties Total loans and invest m ents 6, 335 13, 546, 245 10, 625, 221 1, 826, 966 5, 522, 737 31, 521,16$ New England: M a in e _____ - ___________ Massachusetts____ ______ Connecticut----------------------M iddle Atlantic: New Jersey____ ____ - Pennsylvania- --------- ------East North Central: 44 53 42 156 14 59 33, 663 12, 513 9, 778 416, 169 70, 098 64,190 567 4, 192, 285 3, 558, 954 288, 357 446, 719 283 776 1,215, 275 1, 031, 897 13, 124 2, 124 2, 515 21, 578 7, 006 12, 611 33, 232 132,104 60, 801 16, 219 48, 993 12, 837 175, 544 1, 284, 49C 194, 320 24, 359 260, 59(i 46, 777 134, 473 9,975 517 Banking house, furni ture and fixtures 971, 875 2,004 2, 213 1,051 42, 319 8, 886 14, 462 Other real estate owned Reserves with Federal Reserve banks 341, 875 7, 248, 811 Cash in vault 603,541 14, 063 7, 903 5,163 348,625 21, 374 39, 762 3, 327 2,305 1,116 40,497 5, 577 8, 555 66, 814 3,155, 355 138, 939 44, 759 517, 999 77, 372 94, 705 28, 222 61, 389 484 293 335 11, 541 3, 332 2, 649 97, 468 311 8, 462 279, 792 49, 852 112, 668 256, 334 1, 395, 28(1 374, 810 80, 28b 422, 61(. 2, 635, 29£ 156, 958 860, 721 447, 39(i 93, 578 609 7 3, 481 10 33 53, 657 12, 993 39, 422 18, 847 12, 853 24, 043 2, 286 11,302 4, 235 2, 731 265,151 62, 499 672,146 163, 601 75, 220 41,451 13,446 45, 557 27, 762 11, 624 137 14, 249 6, 819 14, 048 1,780 2, 086 6, 232 6,714 1,260 570 7, 740 327 343 454 908 90, 696 40, 636 183, 204 4, 424 7, 416 36, 670 33, 631 8,316 6, 968 12,363 983 1,383 3,472 4, 256 176 5 1,699 9, 937 14, 027 12, 500 6, 976 5,911 1,399 11,631 7, 551 1, 169 I, 753 4, 330 4,198 4, 971 1, 939 379 2, 713 1, 137 10, 205 74,120 57,142 56,878 23,498 27, 501 8, 385 39, 293 37, 233 1, 517 8 ,492 9,386 8 ,911 6, 754 5, 438 2, 409 5, 741 8, 635 519, 009 1, 586, 068 9, 856, 316 65, 848 264, 725 1, 065, 64b 147, 850 822, 805 3, 217, 827 140 388 202 133 419, 412 624, 961 138, 663 125, 629 830, 802 1, 222, 835 272, 249 338, 149 138, 343 187, 25f. 94, 573 30, 230 159,051 93, 365 28, 214 207 142 141 53 66 149 202 207, 994 106, 230 333, 246 14, 224 21, 643 77, 743 67, 19( 198, 779 55, 506 277, 941 11,351 10, 563 55, 477 42, 341 20, 630 19, 707 53, 366 3, 88L 2, 743 11, 884 20, 904 79,431 48, 93C 146, 907 7, 641 11, 532 28, 619 25, 953 506, 834 230, 373 811, 460 37,10S 46, 481 173, 723 156, 394 2C 74 13 156 98 52 24 76 57 44, 477 102, 328 80, 201 185, 383 89, 442 87, 576 29, 612 162, 134 59, 620 18, 113 139,171 86, 107 82, 146 35, 889 46, 957 13, 585 34, 539 65, 646 6, 613 13,611 21, 11C 14, 93h 10, 673 11,688 5, 253 7, 051 27, 474 23, 038 45, 257 18, 627 44,812 28, 77( 25, 957 8, 843 26, 861 29,152 92, 241 300, 367 206, 050 327, 27!i 164, 780 172,178 57, 293 230, 585 181, 892 111 77 82 28 126, 798 164,017 89, 467 20,947 47, 894 51, 174 26, 880 7, 827 13, 872 17, 036 14,379 1, 621 37, 727 47, 517 38,811 17, 062 226, 291 279, 744 169,537 47, 457 141 308 9 5, 758 12, 462 6, 708 1,616 4, 081 2,889 6,283 1,100 38,862 45, 261 26,229 12,837 5,834 7, 536 5,535 2,085 57 36 220 503 41,008 105, 540 117,728 392, 792 13,760 86,169 49,860 232, 635 7, 263 18,023 19,874 42, 222 21,055 38, 201 66,896 120,090 83,086 247,933 254,358 787,739 14 919 85 1,272 2,146 7, 554 9, 680 33,757 926 2,090 379 7, 230 16,109 60,703 49, 440 173, 003 2,456 5,201 5,449 23,245 67 30 35 88 27 23,311 22, 567 17,015 75, 041 14, 497 22,079 41, 165 7, 638 33, 342 18, 740 9,213 68, 565 9, 235 14,113 23, 505 6,816 5, 500 8, 987 1, 341 9, 973 2, 154 4, 174 6,347 3, 091 14,216 7, 547 4, 700 27, 021 3, 580 7,319 13,645 3, 793 76, 369 57,841 32,269 180,600 29, 466 47, 685 84, 662 21, 338 2, 989 1,600 1,051 3, 707 1,014 1,584 1,765 706 200 24 60 429 61 313 254 19 16,460 9,159 5,325 45,641 5,904 7,019 16,072 3,029 2, 562 2,153 1,293 5,705 1,286 1,538 1,532 955 146, 789 67 33 70,717 117 1, 524, 851 92, 239 70, 240 796, 962 14, 572 17, 431 170, 472 8, 433 6, 395 88, 372 1,166 443 27, 561 51, 258 29,818 417, 950 7,850 4,914 35,855 :m Michigan_______ _ _ . . W is c o n s in ...----- ----------West North Central: Minnesota________ - __ Iowa __ Missouri_______ _____ .. North Dakota South Dakota Nebraska_______ _______ Kansas South Atlantic: Delaware Maryland_____ . _ _ District of Colum bia______ 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 W yom ing Colorado New Mexico Arizona Utah Nevada Pacific: Washington_____________ Oregon__________ ________ California___ _____________ 52, 085 29, 945 23, 863 671, 205 92, 857 137, 012 Custom ers’ lia bility on ac count of accept ances 32 5 298, 375 44, 775 188, 017 29, 629 386, 483 2, 878, 768 592 320 23 26 4 237 137 142 9, 053 S T A T E S L O C A T E D IN T W O F E D E R A L R E S E R V E D IS T R IC T S —C O N D IT IO N Connecticut—District No. 2 ___ New Jersey—District No. 2----Kentucky—District No. 4-------Pennsylvania—District No. 4__ West Virginia—District No. 4 Louisiana—District No. 6-------Mississippi—District No. 6-----Tennessee—District N o. 6------Indiana—District No. 7----------Illinois—District N o. 7------------Michigan—District No. 7-------Wisconsin— District No. 7-----Missouri—District N o. 10-------New Mexico—District No. 10._ Oklahoma—District No. 10----Arizona—District No. 12______ 11 198 59 225 12 25 18 65 101 266 166 96 42 8 209 5 18, 552 7, 836 250, 890 365, 502 19, 457 40, 632 544, 539 399, 691 7, 977 18, 919 80, 853 81, 938 7, 005 16, 745 34, 344 104, 505 125, 488 99, 537 780, 935 1, 190, 257 324, 203 257, 957 124,135 176, 933 89, 176 106, 207 6, 877 8, 254 115, 871 49, 546 19, 106 10, 730 4, 955 51, 298 4, 551 26,054 2,153 15,110 1,182 6, 428 26, 057 149, 670 88, 845 25, 370 12, 181 1,946 19, 625 3, 501 38, 940 7, 597 881,150 213, 460 81, 698 17, 058 245, 025 1, 215, 309 36, 638 7, 589 209, 422 31, 521 38, 587 13,655 32, 469 177,746 319, 982 68, 900 382, 248 2, 503,110 809, 792 138, 787 408, 564 82,126 258, 868 51, 304 19,182 2,105 250,327 65, 285 39, 743 6, 406 292 310 919 141 7 3, 481 10 33 85 2, 530 38, 303 2, 472 42,195 1, 314 6, 729 1, 354 7, 580 10, 421 35, 317 17, 297 11, 586 4, 254 649 9, 501 1,392 817 33, 298 900 12, 873 1,286 1,888 932 2, 668 1, 741 9, 946 4,073 2,400 1,068 26 362 171 6,477 116, 292 11, 375 176,160 4, 944 51,155 11, 549 25, 871 55, 746 655,141 157, 779 71,112 61, 324 2,904 48, 749 6,098 1, 519 23,162 2, 233 21, 689 1, 616 3,931 1,700 5, 371 11,257 42,150 26, 288 10, 347 4,113 694 5, 300 1,295 19 OF BANKS BY STATES, ON MARCH 7, 1938 ASSETS [in thousands of dollars] Balances Demand with balances private with banks and banks American in New York branches of foreign C ity banks Demand balances with other domestic banks 29,110 1, 377, 425 2, 084,157 Tim e Cash Cash balances Balances items with items in with not in banks in process other process foreign of domestic countries of collection banks collection 70, 416 1, 550 107 243 6, 373 1,767 2, 254 58,114 14,174 31,012 8, 456 4, 667 1,963 45, 973 7, 661 17, 297 20 15 252 300 125 3, 231 1, 232 4, 432 141, 511 88, 667 140, 401 76, 682; 27, 002 165, 932 1,178 2, 248 11,169 3, 780 500 274 83, 996 20, 420 121, 279 78, 878 17,015 116, 858 41, 804 144,024 61,870 54, 537 6, 060 1,742 1,839 1, 586 1,343 24, 009 6, 072 64, 580 401 650 7, 766 7, 423 65,012 47, 498 102,162 5, 483 6, 728 31, 406 56, 417 2, 693 16 1, 515 251 119 17, 526 35,116 21, 872 I.4, 324 10, 428 II,031 6, 364 15, 098 24, 414 6, 665 19, 374 17, 462 36, 275 22, 547 28, 996 12, 660 28, 514 45,066 15, 526 27, 894 10, 481 2, 867 37, 924 58, 774 24, 709 16,142 535 3, 200 65 15 4, 453 22, 528 18,173 83, 492 19, 374 40, 559 73, 528 214,988 210 175 3, 177 1,485 5, 090 2, 085 2, 077 16, 451 1, “ ■ 3, 213 7, 259 1, 712 15, 684 10, 262 9, 802 46, 691 9, 336 9, 369 13, 950 3, 637 1, 847 856 375 4,310 155 945 1,413 2,125 9, 565 7,016 63, 420 38, 560 17, 229 116, 648 1,216 1,877 3, 469 222 859 200 356 101 281 172 178 275 28 760 297 3, 774 28 36 81, 737 1, 406, 710 7,179 Accept ances of other banks and bills sold with endorse ment 39, 036 Securi ties bor rowed Other assets (includ ing due from own foreign branches) Total Assets 246, 416 46,164, 873 1,269 432,396 1,151 265, 820 14, 335 3, 751, 094 266 6, 076 233 6. 786 86 2, 409 148 986 1, 099 20, 983 3, 991 2,151 668 3 593 227 Connecticut—District No. 2 N ew Jersey— District N o. 2 Kentucky— District N o. 4 Pennsylvania—District No. 4 West Virginia—District No. 4 Louisiana—District No. 6 Mississippi—District No. 6 Tennessee—District No. 6 Indiana—District No. 7 Illinois—District N o. 7 Michigan—District No. 7 W isconsin—District N o. 7 Missouri—District No. 10 N ew M exico—District No. 10 Oklahoma—District No. 10 Arizona— District No. 12 29 34 39 166 10 51 63, 505 97 1,785 636, 055 19, 393 73, 22' 888 60 328 35, 485: 27 61 1, 294 74 1,751 1,083 3" 43,033 11,426 104, 450 24, 524 16, 626 645 215 343 209 235 32 166 902 329 24.176 9, 421 51,381 641 670 10, 901 5, 202 100 122 284 13 42 408 83 3, 224 741, 830 452 348, 972 2, 849 1,253, 410 244 51, 675 336 66, 254 651 271, 684 235 271, 823 193 45 1,100 6,018 179 91 25 2, 515 2, 629 11,843 8,036 13, 3 r 5,075 10, 141 1,742 17,090 10, 979 3 143 47 91 72 85 45 72 43 252 2, 344 841 1,913 514 857 324 1,064 134,262 464, 036 339,390 477,110 251, 648 264, 731 91, 091 352,199 320, 693 48 282 10.176 14, 245 5, 055 924 64 is: 43 38 950 1, 283 1,453 150 346,276 453, 692 256,691 85,240 95 3, 731 14, 594 8, 844 39, 559 31 128 116 416 312 132, 848 3, 204 406, 578 612 424,138 1,821 1, 372,144 362 19 285 81 23 "109 452 230 3, 719 2,015 1, 374 541 9, 842 586 1, 756 5, 540 219 13, 090 8, 067 88, 068 1,982 3" 16 11 203 13 159 12 50 17 5 12 _ 1 40 9 933 375 170,120 17 82, 378 207 62, 060 9,015 1, 905,217 1,161 262,775 791 385,156 123, 982 14, 633, 627 7,081 1, 473,539 21,499 4, 414, 554 7, 532 2, 041, 587 1,174 542, 928 21,311 3, 806,149 4, 120 1, 247, 985 2, 337 642, 259 500 133 53 891 48 273 20’ 170 96. 307 360 Total N ew England: Maine N ew Hampshire Vermont Massachusetts R hode Island Connecticut M iddle 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 N orth Carolina South Carolina Georgia Florida East South Central: K entucky Tennessee Alabama Mississippi W est South Central: Arkansas Louisiana Oklahoma Texas M ountain: Montana Idaho W yoming Colorado New Mexico Arizona Utah Nevada Pacific: W ashington Oregon California 2, 811 2, 339 875 46, 319 4,610 9, 552 4, 393 709 State 123, 838 85,682 52,1 314,901 49, 061 73,809 132,754 33,911 OF B A N K S L O C A T E D IN F E D E R A L R E S E R V E D IS T R IC T S P E C IF IE D 1,173 653 760 3, 780 500 274 661 297 4, 613 80, 315 2, 794 44, 555 2, 736 16, 935 1, 18, 447 17, 892 117, 562 77, 544 15, 567 26, 529 871 18, 088 2, 503 19, 15, 63, 4, 21, 13, 39, 34, 124, 56, 48, 62, 5, 72, 6, 125 640 344 2, 662 4 ,1 150 5 3,055 1,667 1,769 945 1,326 1, 365 155 3, 162 915 44 1,751 1,077 37 289 1,134 17,. 025 819 18, 598 777 13, 174 831 7,107 10,411 101,142 24, 066 15, 971 25, 666 438 8, 756 1, 661 4 33 19 119 4 34 16 76 196 302 205 220 60 1 113 5 11 135 32 166 57,133 1,217,305 117,895 1, 605, 805 57, 733 329,125 70, 963 288, 650 464, 496 3, 620, 947 1,179, 695 587, 646 447,218 30, 040 417,750 60, 912 20 ALL MEMBER BANKS— CONDITION LIABILITIES [in thousands o f dollars] Tim e deposits Demand deposits State T o t a l...................... Total Indi viduals, partner ships and corpora tions U. S. G ov ern ment States, coun ties, and munici palities Banks Banks Certi in fied and in foreign officers’ United coun checks, tries etc. Total Indi viduals, partner ships and corpora tions Bills A ccept pay ances able, of other States, Banks redis banks counts and in Post coun Banks ties and bills for al repur and sold United eign sav ings munic States coun chase with en agree dorse ipali tries ments ties ment 28,652,321 19,116, 334 752,141 2,236, 537 5, 614, 646 366, 265 566, 398 11, 594, 357 10, 845,173 89, 588 512,129 136, 666 10, 801 New England: Maine— ------- ---------New Hampshire------Verm ont........... ........... Massachusetts---------Rhode Island----------Connecticut------------M iddle Atlantic: New Y ork---------------New Jersey-------------Pennsylvania----------East North Central: Ohio--------- --------------Indiana_____________ Illinois--------- --------Michigan----------------W isconsin---------------West North Central: Minnesota---------------Iowa_____ ____ _____ Missouri...................... North D akota---------South Dakota.......... Nebraska----------------Kansas--------------------South Atlantic: Delaware.................... M aryland--------------District of Columbia. Virginia................... West Virginia---------North Carolina-------South Carolina-------Georgia.................... Florida-------------------East South Central: K entucky................ . Tennessee__________ Alabama_________ Mississippi-------------West South Central: Arkansas----------------^Louisiana___________ Oklahom a---------------Texas........................... Mountain: M ontana___________ Idaho_______________ W yom ing....... ........... Colorado-----------------New M exico-----------Arizona....................... U tah_______________ N evada_____________ Pacific: Washington------------Oregon--------------------California___________ 58, 794 43, 560 17, 405 , 278, 208 123, 531 229, 822 642 44, 459 347 31, 751 234 14, 777 932, 885 24, 996 427 105, 663 187, 557 1,636 7, 601 6,136 967 80,183 7, 342 19, 496 5, 209 4,078 909 214,091 8, 343 16, 229 9, 450 313 1,248 518 16, 603 1, 443 4, 904 88, 006 23, 816 34, 697 343, 829 102, 894 100,978 86, 482 22, 641 34, 277 340,155 101, 111 98, 881 839 697 273 1,706 266 780 630 215 141 638 1,497 1,317 109, 090 19, 398 431, 564 2, 221, 625 328, 045 341,171 1, 755, 355 1, 619, 041 658 19, 455 661, 663 98, 884 155 681,776 24, 491 9, 356 113, 593 432, 966 4, 247 18, 937 1, 546, 095 1, 400, 261 20, 394 80, 233 45, 207 771,014 9, 784 024, 675 319, 666 205, 760 9,410 637, 362 1, 686, 841 98,021 459, 381 11, 744 668, 665 205, 927 5, 856 333,178 88,613 56, 806 211,267 118, 145 60,244 438, 831 221,156 915, 796 25, 492 39, 020 198, 651 201, 290 245, 218 1,148 132, 007 2, 215 500, 950 13, 051 112 20,188 369 26, 691 119, 447 1, 779 117, 660 3, 204 86, 322 280, 071 208, 976 236, 335 125, 459 188,128 63, 954 226, 467 239, 630 207,119 275, 743 144, 208 53, 855 85, 551 289, 512 298, 411 L,022, 942 14, 861 1,155 1,958 35, 485 27 61 32 166 13, 030 4,062 24, 797 7, 720 4, 246 780, 719 167, 758 815, 736 476, 801 243,181 747, 320 158,027 775, 273 469, 044 239, 121 3, 975 22, 423 56 2, 297 1,641 38, 621 909 5,175 1,978 676 7,001 7, 378 201 1,673 1,406 274 45 25 4 35 64, 277 42, 383 60,116 2, 641 8, 779 20, 121 43, 982 709 120, 421 42, 331 343 333, 109 2, 124 2,810 54, 928 ~~~_1 33, 673 7, 058 2, 220 8, 227 427 371 2, 375 2, 771 223,196 95, 799 225, 660 20, 006 19,182 45, 221 41,135 214,191 95,184 217, 592 19, 447 18, 413 44, 837 40, 042 2, 140 488 1,846 137 142 322 610 2, 537 122 794 416 623 33 139 4, 328 5 5, 428 6 4 29 344 1 16 53 699 81, 442 170, 328 10, 396 178, 649 1,092 154, 560 3, 093 98, 774 1,258 94, 813 1,004 285 40, 726 143, 765 6, 430 154, 895 3, 224 959 26, 912 52 18, 558 13, 341 20,922 16, 928 16, 902 34,119 1,432 151 70, 756 265 26, 921 25 56, 362 10, 247 67, 553 5, 284 57,915 """"16 45, 474 189 1,790 1, 528 1,997 3, 737 1,839 3, 836 731 1,445 1, 729 18,167 135, 950 91,270 179,118 89, 774 48, 647 18,121 77, 799 52,252 17, 083 129, 939 90, 586 169,058 87, 798 45,114 17, 633 74, 758 48.133 427 673 409 1,505 1,404 350 35 2, 479 625 477 1,983 180 3, 355 275 1, 281 505 1,368 65 119 1,305 135, 920 143, 861 99, 871 25, 204 2, 464 5, 793 2, 515 732 13, 849 41, 423 17, 979 22, 263 53, 485 82, 274 22, 695 """257 5, 325 1,401 2, 392 891 331 92,358 129, 309 73, 961 23, 276 88, 638 110,908 71,040 22, 529 655 5,138 1, 530 737 2, ( 6, 114 866 369 7,149 525 10 52, 687 371 146, 854 7,806 189, 986 7,231 676,109 23, 235 14, 725 42, 933 44, 602 112,140 16, 867 88, 773 """953 52, 029 198, 705 """574 901 2,193 4, 563 12,179 32, 845 81, 446 79, 294 195, 756 31, 663 69, 216 67, 717 176, 770 904 150 4, 473 7, 697 415 7,042 3, 367 14, 825 128 60 4,120 794 1, 657 561 399 2, 381 568 828 562 454 36, 892 24, 450 16,294 81, 527 9, 353 17, 660 39, 718 12,034 35, 830 24.133 15, 499 77, 763 9, 217 17, 393 39,095 11,800 54, 676 36, 437 19, 058 143, 842 22,190 36, 312 46, 394 13,811 246 239 201 422 276 158 185 98 10,099 13, 840 7, 200 17, 520 10, 558 11,148 15, 360 4, 535 7, 684 2, 480 3, 431 38, 653 2,160 1, 744 15, 817 576 254, 514 180, 996 3, 772 144, 085 107, 823 4, 307 L,505, 746 1,109, 217 58, 321 28, 946 13,912 101, 672 36, 594 14, 364 189, 841 74,362 53, 557 30, 289 202, 846 35, 752 50, 288 78, 318 19, 474 7, 826 861 59 7,193 702 195 141, 373 43, 569 609, 243 70, 973 56, 710 28 98 1,172 651 9, 615 3,034 3,028 37, 080 139 297 125 407 55 84 123 148 7, 274 67 1,815 388 443 2,189 444 247 70 173 153 204 115 200 85 360 37' 160 50 1,086 93 135 15 421 40 20 226 3,110 11 10 347 931 556 131, 707 133, 693 370 322 7, 852 91,119 99, 663 1, 871, 890 1, 670,031 20, 823 162, 808 15, 703 39, 036 50 614 105 625 175 194 55 263 654, 400 6, 957, 288 374, 707 608, 233 468, 333 7,014 132, 672 1,523, 337 39, 592 32, 866 ” 25 147 350 2, 525 80 9 I, 687 307 360 S T A T E S L O C A T E D IN T W O F E D E R A L R E S E R V E D IS T R IC T S —C O N D IT IO N 21,196 592 28, 015 Connecticut—District No. 2 „ 499, 957 397,248 4, 813 New Jersey—District No. 2 844 48, 277 56, 748 Kentucky—District No. 4 ___ 557, 755 11, 535 771, 957 Pennsylvania—District No. 4 275 18, 588 West Virginia—District No. 4 22,132 234, 342 110, 039 7, 459 Louisiana—District No. 6 ___ 702 44, 675 18, 706 Mississippi—District No. 6__ 85, 797 5,096 Tennessee—District No. 6 ___ 163, 904 281, 801 178, 522 9, 244 Indiana—District No. 7 ____ _ Illinois— District No. 7 --------- 2, 544,108 1, 630,013 95, 404 Michigan— District No. 7 ___ 649,106 446,142 11, 510 191, 481 5,813 Wisconsin—District No. 7 ___ 312, 636 Missouri—District No. 10___ 369, 674 163,140 3, 746 245 New Mexico—District No. 10 20, 882 11,123 Oklahoma—District No. 10 186, 702 7,174 293, 655 129 Arizona—District N o. 12____ 30, 068 42, 869 3,187 66,097 5, 379 30, 357 1,576 37, 922 19, 737 25, 273 51, 866 200, 213 112, 593 56, 030 18, 297 7, 452 43, 465 10, 343 2, 255 23, 287 1,929 165, 256 1,436 76, 616 5, 210 46, 128 38, 524 587, 239 70, 664 55, 161 179,162 i,r ~ 51, 876 1, 644 155 "232 "953 5b , 193 702 195 131 785 8, 357 319 6, 822 257 1,353 320 1,610 3, 586 24, 046 7, 495 3, 956 5,198 454 4, 438 684 21 570, 45, 551, 24, 66, 19, 93, 136, 743, 435, 215, 44, 6, 78, 13, 94 178 21,032 ld4 14,390 556,143 1,402 163 43,166 """409 479, 657 5, 819 40, 777 25, 585 ---------2 191 232 24, 562 60 53, 988 4, 463 7, 697 10 618 18, 969 76, 856 4, 950 _4," 584 6, 679 25 6,153 128, 410 1, 443 157 ---------467 28, 840 714,156 471 4, 424 1,637 429,007 1,380 ---------212, 071 1, 516 532 610 375 98 43,149 52 5 50 6, 837 405 7, 040 4,115 66, 994 10 12, 981 46 63 100 743 27 320 150 89 11 135 15 25 4 35 53 32 166 7 4 15 1 21 OF BANKS BY STATES, ON MARCH 7, 1938— Continued LIABILITIES [in thousands o f dollars] Accept ances Ex executed penses by or for accrued account of and reporting unpaid banks 145,231 93,062 Other liabili ties (in D iv i cluding dends de due to own clared not yet foreign payable, branches and etc. securi ties bor rowed) 17, 762 238, 391 223 134 98 4,034 1,406 1,234 1,271 138 100 123 67 77 4, 720 596 527 105, 267 311 9,137 25, 564 2, 509 10, 640 8, 872 348 1,689 175, 284 8,314 9, 549 612 7 3, 752 10 33 6,091 648 11, 215 1,403 1,054 681 24 248 96 53 3, 828 465 3, 692 802 637 137 2, 207 330 1,496 88 130 239 142 75 11 936 2 47 115 4, 693 196 850 43 133 240 131 176 5 228 467 830 1,089 417 446 85 618 170 143 64 30 17 42 10 173 54 125 242 365 733 146 827 52 1,035 168 141 310 9 457 691 434 95 33 256 4 10 5,035 603 368 7 14 1,135 85 1, 782 142 513 653 2,140 19 265 368 761 111 126 10 714 6 142 267 38 4 121 829 571 9, 888 23 244 355 10, 407 523 609 320 23 26 4 237 146 143 9,870 Capital notes and de ben tures 12 14 3 31 109 738 278 _ 587 55 28 62 105 9 188 217 232 632 300 10,178 Capital stock Surplus 51,274 2,375, 784 2,020,279 Total Retire liabil Undi Reserves ment ities, vided for con fund for includ profits— tingencies preferred ing net stock, capital etc. account 611, 508 276,927 Net demand Demand deposits deposits— (See adjusted page 10) 16, 075 46,164, 873 23, 789, 968 20,512,559 12, 235 6, 284 5, 300 103,708 12, 530 26,128 6,348 4, 854 2, 546 107, 277 15, 708 17, 659 3, 605 2, 618 1, 420 31, 662 1,973 6, 772 630 375 382 17,150 3, 261 1, 547 14, 657 695, 691 103,699 234,128 872, 500 44, 521 341, 610 185, 726 16, 431 79, 381 88,134 4, 693 46, 487 1,831 14, 633, 627 9, 800, 267 7,093, 968 1,522 1, 473, 539 473, 216 557,180 1,147 4, 414, 554 1, 754, 513 1, 582, 640 22, 923 1,490 1,941 118,077 27, 252 172, 328 60, 357 36, 396 54, 250 15, 510 89,020 23, 624 12, 477 20, 850 7, 354 32,005 11, 512 8, 950 7, 234 2, 324 37, 946 3, 957 2, 868 1,373 2, 041,587 780, 788 829, 624 353 542, 928 246,016 255, 202 713 3, 806,149 2, 268,951 1, 818, 455 747 1,247, 985 504, 275 560, 722 617 642,259 245, 026 253, 791 39, 216 17, 258 59,022 3, 935 5,070 15, 562 16, 332 23,313 8,474 24, 277 1,596 1,325 6,714 7, 300 7, 253 3, 791 18, 351 407 891 2, 578 4, 687 2, 599 1,510 3, 703 100 166 1,755 443 287 741, 830 406 348, 972 317 1,253,410 g 51,675 85 66,254 427 271,684 133 271,823 325, 987 158,165 697, 673 18, 967 30, 972 148,578 132, 248 292, 377 167,189 517, 912 22, 615 35,171 131,042 159, 211 8, 700 21, 301 16,390 31, 242 18, 220 13, 205 5,038 23,247 16,148 16,073 13, 751 12, 583 17,953 10, 877 7, 583 2,144 12, 925 8, 321 4,019 7, 218 7,207 7, 647 4, 401 3, 349 1,252 5,137 2, 994 427 2, 416 1,138 2, 448 1,465 1,608 169 2, 812 810 1 162 44 113 138 296 216 126 25 134,262 464, 036 339,390 477,110 251, 648 264, 731 01 tfl, A UQ tJ1l 352,199 320, 693 59, 502 213, 738 161, 606 172, 660 87, 409 137,960 43,188 165, 765 159,171 81,562 186,925 172, 662 163, 538 108, 879 109, 430 56, 643 145,022 179,764 20, 230 26, 648 22,992 5,110 14, 213 12,403 8, 624 2, 080 5,032 6, 589 3, 955 704 1,225 1,199 1, 715 26 568 110 86 68 346,276 453,692 256, 691 85,240 143, 522 174,830 103, 963 33, 922 140,994 173,431 113,686 46, 874 7, 587 17,802 25, 048 81, 001 3,704 9, 457 12, 566 40,025 2, 469 4,202 6, 233 21, 233 204 746 1,136 4,207 189 132, 848 538 406,578 51 424,138 872 1,372,144 57,993 211, 831 197,866 684, 911 64, 582 177, 386 230, 307 760, 869 7, 063 4, 098 2,928 12, 709 2, 232 2,821 7,118 860 3, 233 1,410 1,869 9, 743 1,190 1,617 3, 284 286 1,606 1,245 1,026 4, 454 320 544 1,889 914 464 632 214 2,197 157 341 784 41 136 19 135 Q A 04 205 230 32 123,838 85, 682 52,858 314, 901 49,061 73,809 132,754 33,911 51, 580 39, 836 18,121 129, 862 24, 642 35, 950 51, 710 13,906 64, 417 49, 464 26,116 153, 901 32, 730 46, 532 56, 776 18, 581 24, 247 9,299 171, 992 9, 771 6, 336 95, 355 6,048 3,150 48,454 1,963 1,639 17, 480 109 432,396 35 265, 820 839 3, 751, 094 228 4,101 746 26,197 309 593 15 449 2,159 37, 251 3, 665 2, 642 962 94 1,116 341 124 741 89 331 4 509 53 86 268 551 710 539 33 23 50 205 2, 776 22 2, 329 154 46 1,910 500 342 578 25 392 24 8 873 245 39 94 170,120 42 82,378 30 62, 060 344 1, 905, 217 3 262, 775 195 385,156 41, 409 34, 787 12, 359 1,128,183 97, 086 171, 961 50,128 36, 796 15, 387 983,352 109,838 202, 405 193, 299 199, 886 111, 773 116,696 1, 238,025 1,159, 901 State Total New England: Maine New Hampshire Vermont Massachusetts Rhode Island Connecticut M iddle 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 W yom ing Colorado IN6W iviexico Arizona Utah Nevada Pacific: Washington Oregon California OF B A N K S L O C A T E D IN F E D E R A L R E S E R V E D I S T R I C T S P E C IF IE D 292 309 1,135 141 7 3, 752 10 33 -------------85 169 2, 266 30 5, 697 172 326 94 318 609 11,028 1, 297 955 242 6 653 81 8 153 24 626 16 265 10 50 24 205 94 51 12 368 3 87 7, 806 136 -------2, 094 2 187 7 375 297 1,490 3, 622 1,522 785 587 2, 692 212 6 278 164 4, 565 82, 563 7, 942 71,874 4, 540 14,082 4,167 20, 061 22, 083 161, 501 56,142 32, 452 16, 446 1,285 24,478 2, 471 1,867 35,441 5,046 150,136 3,933 7, 415 1,757 7,048 13, 299 83,951 21,830 11,193 9, 208 663 12, 357 1,187 666 12, 548 1,994 24,426 1,477 3,839 588 3,149 6, 381 29,645 10, 506 8, 328 6,144 137 6,141 491 21, 564 24,034 Connecticut—District No. 2 57,133 1,217,305 383, 240 454, 677 New Jersey—District No. 2 117,895 38,156 53,156 Kentucky—District No. 4 1, 605, 805 645, 307 576, 336 Pennsylvania—District No. 4 14, 386 57,733 19, 644 West Virginia—District No. 4 329,125 182, 844 136,140 Louisiana—District No. 6 70, 963 28, 003 37,932 Mississippi—District No. 6 288,650 98, 748 105, 573 Tennessee—District No. 6 464, 496 219, 497 223, 563 Indiana—District No. 7 3,620,947 2, 202, 314 1, 753,130 Illinois—District No. 7 492, 275 542,164 Michigan—District No. 7 1,179, 695 587, 646 233,070 235,496 Wisconsin—District No. 7 447,218 255,126 160,969 Missouri—District No. 10 30,040 14,456 18, 591 New Mexico—District No. 10 194, 394 225,849 Oklahoma—District No. 10 417,750 31, 803 60,912 39,434 Arizona—District No. 12 FEDERAL RESERVE DISTRICTS BOUNDARIES OF FEDERAL RESERVE DISTRICTS BOUNDARIES OF FEDERAL RESERVE BRANCH TERRITORIES FEDERAL RESERVE BANK CITIES FEDERAL RESERVE BRANCH CITIES FEDERAL RESERVE BANK AGENCY LOUISVILLE. LITTLE ROCK, AND MEMPHIS BRANCHES SERVE CERTAIN DESIGNATED CITIES RATHER THAN ZONES DETERMINED BY STATE OR COUNTY LINES SPOKANE BRANCH SERVES CITY OF SPOKANE ONLY
@FedFRASER