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Member Bank Call Report




No. 77

Condition of Member Banks
September 28, 1938

BOARD OF GOVERNORS
of the
FEDERAL RESERVE SYSTEM
WASHINGTON




T

he

M EM BER B A N K CALL R E PO R T 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, D e c e m b e r 1, 1938
CONDITION OF MEMBER BANKS
[Amounts in thousands of dollars]
Condition on—

Change since—

Sept. 28, 1938 June 30, 1938 June 30, 1937 June 30, 1938 June 30, 1937
A SSETS
Loans (including overdrafts)......................... .............................. .......................
United States Government direct obligations________________ ___________
Securities fully guaranteed b y United States Government...........................
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 b a n k s...
Demand balances with banks in N ew York C ity_______________________
Demand balances with other domestic b an 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 assets............ ........................ ......................................... ............................

12, 937, 437
10, 712, 818
2, 298, 477
5, 678,157
31, 626, 889
112, 965
968, 380
335, 567
8,192, 978
774,887
42, 488
1, 583, 009
2, 234, 373
77,156
73, 374
1, 261
1, 460, 367
8, 235
27, 633
1, 370
198, 227

12, 937, 600
10, 215, 007
2,127, 964
5, 439, 938
30, 720, 509
109,083
966, 978
336,819
8,004, 090
712, 030
36,194
1, 680, 647
2, 292,148
74, 682
116, 236
1, 830
1, 899, 371
10,051
25,189
895
182, 009

14, 284, 875
10, 870, 404
1, 818, 530
5, 764, 752
32, 738,561
187,143
980, 375
353, 714
6, 896, 663
629, 305
25, 371
1, 201, 514
1, 898, 657
81, 432
51, 977
4, 592
2, 200, 829
11,114
16, 312
345
190, 709

-1 6 3
+497,811
+170, 513
+238, 219
+906,380
+3, 882
+1, 402
- 1 , 252
+188, 888
+62, 857
+6, 294
-9 7 , 638
-57,775
+ 2, 474
-4 2 , 862
-5 6 9
-439,004
- 1 , 816
+ 2, 444
+475
+16, 218

-1,347,438
-157,586
+479, 947
-8 6 , 595
- 1 , 111, 672
-74,178
-11,995
-18,147
+1, 296, 315
+145, 582
+17,117
+381, 495
+335, 716
- 4 , 276
+21, 397
- 3 , 331
-740, 462
-2 ,8 7 9
+11,321
+1,025
+7, 518

47, 719,159

47,168, 761

47, 468, 613

+550,398

+250,546

30, 308, 304
20, 438, 710
707, 267
2, 079, 830
6, 088, 093
456, 517

29, 752, 261
19, 816,196
542, 852
2, 313, 673
6,096, 156
321,141

30,142, 898
20, 272,432
628,125
2, 577, 445
5, 298, 023
615,259

+556, 043
+622, 514
+164, 415
-233, 843
- 8 , 063
+135, 376

+165, 406
+166, 278
+79,142
-497, 615
+790,070
-158,742

537, 887
11, 462,315

662,243
11,556,057

751, 614
11,347,148

-124, 356
-9 3 , 742

-213, 727
+115,167

9, 398, 613
724, 377
544, 378
121, 292
69, 605
464, 427
130,009
9,614

9,458,043
744, 215
578, 444
93, 281
82, 859
453, 878
135, 379
9, 958

9, 244, 567
757, 618
724,104
91, 593
99, 736
292, 280
123, 208
14, 042

-5 9 , 430
-19,838
-34,066
+28,011
-13,254
+10, 549
- 5 , 370
-3 44

+154,046
-3 3 , 241
-179, 726
+29, 699
-30,131
+172,147
+6,801
-4 ,4 2 8

T o t a l d e p o s it s ---------------------------------------------------------------------------------------Secured b y pledge of loans and /or investments_______ _______________
N ot secured b y pledge of loans and /or investments__________________

41, 770, 619
2, 759, 620
39, 010, 999

41, 308, 318
2, 749, 730
38, 558, 588

41,490,046
2,994,886
38, 495,160

+462,301
+ 9, 890
+452, 411

+280,573
-235, 266
+515, 839

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 unde­
clared dividends and for accrued interest on capital notes and debentures.
Other lia b ilities........... ........................................... ......................... ..................... .
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.......

117, 432
1,502
12, 499
27, 633
109, 060
12, 354
1,370
96, 208

102, 541
595
11, 203
25,189
106, 786
13, 374
895
81, 582

143, 498
1,197
16,194
16, 312
185, 650
26,149
345
87, 381

+14,891
+907
+ 1, 296
+ 2, 444
+ 2, 274
- 1 , 020
+475
+14, 626

-26,066
+305
- 3 , 695
+11, 321
-7 6 , 590
-13,795
+1,025
+ 8, 827

35, 817
124, 781
48,144
2, 377, 484
2,046, 844
645, 543
274, 395
17, 474

43, 009
107, 720
50, 742
2, 378, 664
2,035, 073
616, 062
268, 214
18, 794

44, 099
118, 947
62, 453
2, 381, 796
1, 971, 464
587, 495
319, 648
15, 939

-7 ,1 9 2
+17,061
- 2 , 598
-1 ,1 8 0
+11, 771
+29, 481
+6,181
- 1 , 320

- 8 , 282
+ 5, 834
-14,309
- 4 , 312
+75, 380
+58, 048
-4 5 , 253
+1, 535

T o t a l a ssets _____________________________________________________
LIA B IL IT IE S
D e m a n d d e p o sits —Total---------------------------------------------------- ---------------- Individuals, partnerships, and corporations______________ __________
United States Governm ent__________________________________________
States, counties, and municipalities______ ___________ _______________
Banks in United S ta tes..________________ ___________________________
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 ota 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__________________________________________

T o t a l lia b ilitie s (in c lu d in g c a p ita l a c c o u n t ) ------------------- --------

47, 719,159

47,168, 761

47,468, 613

+550, 398

+250,546

Net demand deposits (see page 10)----------------------- --------------- --------------------Demand deposits—adjusted1----------------------------------- ------------------------ ------Number of banks----------- ------------ ---------------------------------------------------- ----------

25,038, 348
21, 596, 060
6, 341

23, 890,173
20, 892, 741
6, 338

24, 844, 886
21, 400, 643
6,357

+1,148,175
+703, 319
+3

+193, 462
+195,417
-1 6

i Demand deposits other than interbank and U. S. Government, less cash items reported as in process of collection and, prior to Dec. 31, 1935
less cash items reported on hand but not in process of collection.
’ *
’




(i)

2

ALL MEMBER BANKS— CONDITION ON SELECTED CALL DATES, OCTOBER 25,1933, TO
SEPTEMBER 28, 1938
[Amounts in thousands of dollars]
1933 i
Oct. 25

1934
Oct. 17

1938
Sept. 28

1935
N ov. 1

1936
June 30

1937
June 30

1938
June 30

11, 841, 427
10, 080, 383
1, 764,071
5, 615,190
39, 301, 071
161,172
996, 738
361, 963
5, 662, 320
541,119

12, 541, 845
11,721,475
1,950,457
6,045,033
33,358,810
156,954
994, 921
379, 457
5, 607,119
713, 421

14, 284, 875
10,870, 404
1, 818, 530
5, 764, 752
33, 738, 561
187,143
980, 375
353,714
6, 896, 663
629, 305

12, 937, 600
10, 215,007
2,127,964
5,439,938
30, 730, 509
109,083
966, 978
336, 819
8,004,090
712,030

12,937, 437
10, 712, 818
2, 298, 477
5, 678,157
31, 636, 889
112,965
968, 380
335, 567
8,192, 978
774,887

34, 463
(2)
1, 607,991
1, 554, 054
2,184, 747
2,091, 776
116,311
113,985
51, 698
54, 583
2,502
6,845
/ 2,147,493
1, 755, 500 I
11,027

25, 371
1, 201, 514
1, 898, 657
81,432
51, 977
4, 592
2, 200, 829
11,114

36,194
1, 680, 647
2, 292,148
74, 682
116, 236
1, 830
1, 899, 371
10,051

42,488
1, 583,009
2, 234, 373
77,156
73, 374
1,261
1, 460, 367
8, 235

ASSETS
12, 292, 533
9,186, 237
709,035
~~5*092,~856~ 5, 371, 507
34, 953, 834 37,559, 313
392, 814
257, 919
995, 998
987, 366
303, 904
268, 215
3, 976,077
2 651,476
550,471
446, 983
13 058, 608
6,801, 360

Securities fully guaranteed b y United States Governm ent.

Balances with private banks and American branches of

38, 220

(2)
1,152, 974
1, 670, 401
106,339
185,187
120, 930
1, 407,102
34, 480

8,172
5, 566
190, 268

2, 111
1,972
291, 709

12, 701
1,333
259,114

10, 340
555
256,178

16, 312
345
190, 709

25,189
895
182,009

27, 633
1,370
198,227

Total assets----------------------------------------------------------- 33,176,541

38, 616,886

43, 874,374

46, 533, 987

47, 468, 613

47,168, 761

47, 719,159

17,469, 631
Individuals partnerships, and corporations. _ . . . _ 11,873, 048
917, 881
United States Government _________________________
1,105, 871
States counties and municipalities
_ __ __
2,
990, 408
____
__
__
___________
Banks in United States
117,171
Ttnnlcs in foreiern countries
__
________ ____
Certified and officers’ checks, cash letters of credit and
465, 242
travelers’ checks, etc.
- - - - - -________
9,114,380
Tim e deposits- - T otBl
_______ ___ ___________
Individuals, partnerships, and corporations:
Evidenced b y savings pass books__ _____________ 3 6, 296, 748
988, 619
Certificates of deposit . ___ __________________
611,184
______________ ________
Open accounts
74, 347
Christmas savings and similar a ccou n ts________
781, 111
Postal savings
_ _ _______________________
269, 652
States counties, and municipalities_______ __________
86, 910
Banks in United States
____ _____________ -5, 809
........... . ........... . .
Banks in foreign countries__

33, 464,397
14, 449,000
1,142, 847
1, 680, 285
4, 466, 448
136, 215

36, 833, 537
17, 327,043
649, 526
2, 251, 209
5, 557, 704
360, 694

39, 918, 691
19, 321, 998
1,036, 575
2, 320, 453
5, 985, 886
464, 642

30,143, 898
20, 272, 432
628,125
2, 577, 445
5, 298, 023
615, 259

39,753,361
19, 816,196
542,852
2, 313, 673
6, 096,156
321,141

30,308,304
20, 438, 710
707, 267
2,079, 830
6,088,093
456, 517

589, 502
9,831,146

686, 351
10,345, 461

789,137
10, 786, 873

751, 614
11,347,148

662, 243
11, 556, 057

537,887
11, 463,315

7, 352,170
934,089
549, 799
79, 592
472, 232
294, 275
134, 972
4,017

8,142, 255
821,157
623, 363
84, 689
226, 586
309,590
132, 320
5, 501

8, 565, 632
843, 255
613,013
77, 295
152,234
377, 998
151, 248
6,198

9, 244, 567
757,618
724,104
91, 593
99, 736
292, 280
123, 208
14,042

9, 458,043
744, 215
578,444
93, 281
82, 859
453, 878
135, 379
9,958

9, 398, 613
724, 377
544, 378
121, 292
69, 605
464, 427
130,009
9,614

Total deposits
_ __ __ __ __ _______ _________ 36,584, 001
(4)
Secured b y pledge of loans and /or investments_____ _
N ot secured b y pledge of loans and/or investments. ._
(4)

33,385, 443
3,134, 580
29,150,863

37,177, 988
2, 812, 225
34, 365, 763

40, 705,564
3, 432, 822
37, 272, 742

41, 490, 046
2, 994,886
38, 495,160

41,308,318
2, 749, 730
38, 558, 588

41, 770, 619
2, 759, 620
39,010, 999

18, 443
743, 589
20, 306
188, 229

61,145

101,159

143, 498

102, 541

117,432

662, 320
6,144
24,155

18,152
8, 924

13, 697
5, 850

1,197
16,194

595
11, 203

1, 502
12, 499

8, 532
410,150
14, 555
5, 566
94, 640

2, 111
267, 597
10, 391
1, 972
87, 328

12, 701
153, 510
21, 657
1,333
92, 393

10, 340
151,155
27, 066
555
80,105

16, 312
185, 650
26,149
345
87, 381

25,189
106, 786
13, 374
895
81, 582

27, 633
109,060
12, 354
1, 370
96, 208

(4)
180, 816
200
2, 273, 720
1, 817,194
412, 990
403, 610

7, 796
141, 649
117,102
2, 534,440
1, 677,190
427, 714
362, 424

11, 402
143, 279
117,831
2, 535,136
1, 680, 924
492, 600
342, 360

43, 999
159,130
106,844
2,460, 353
1,806, 516
520, 283
331, 310

44, 099
118, 947
62, 453
2, 381, 796
1, 971, 464
587,495
319,648

43,009
107, 720
50, 742
2, 378, 664
2,035,073
616,062
268, 214

35,817
124, 781
48,144
2, 377, 484
2,046,844
645, 543
274,395

1,110

2, 939

10,061

15, 939

18, 794

17,474
47,719,159
25,038, 348
21, 596,060
6, 341

(2)
798, 868
1 049,550
68, 536
133,-374
124, 224
| 1,060,085
Redemption fund and due from United States Treasurer..
Acceptances of other banks and bills sold with endorseOther assets_____________________________________________

LIABILITIES

Due to own foreign branches
Agreements to repurchase securities s o ld __ _____ ______
Bills payable and rediscounts
_ _________ __________
Acceptances of other banks and bills sold with endorse­
ment
__ ___
__ __ __ ____________
A cceptances 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
_ _________________________________________
U ndivided profits—net
- - __________ ________
T?p<?p.rves for contingencies_____________ _____
___ ______
Retirement fund for preferred stock and capital notes and

(5)

Total liabilities (including capital account) . . .

33,176,541

38,616,886

43,874,374

46,533,987

47, 468, 613

47,168,761

Net demand deposits (see page 10)____ ___________________
Demand deposits—adjusted8 __ _________________________
Number of banks
_ _______________________ ____

14, 388, 829
12, 384, 076
5,818

18,408, 369
15, 311, 685
6, 433

21, 435, 510
18, 509,103
6, 400

23, 985, 757
20, 284, 095
6,400

24, 844, 886
21,400, 662
6, 357

23, 990,173
20, 892, 741
6, 338

I

i Beginning with 1933, figures relate to licensed banks only.
3
Includes*$35,731^000 of deposits the paym ent of which was deferred b y agreement with depositors or otherwise.
separately from June 30, 1933, to June 30, 1934, inclusive.
* N ot reported separately.

Such deposits were reported

« Dem and dep oY u ?S l^ rdthan?nterbank and U. S. Government, less cash items reported as in process of collection and, prior to Dec. 31, 1935,
less cash items reported on hand but not in process of collection.




3
ALL MEMBER BANKS— CLASSIFICATION OF LOANS, INVESTMENTS, BORROWINGS, AND CAPITAL
STOCK ON SELECTED CALL DATES, OCTOBER 25, 1933, TO SEPTEMBER 28, 1938
[In thousands of dollars]
1933 i
Oct. 25

1934
Oct. 17

1935
N ov. 1

1936
June 30

1937
June 30

1938
June 30

1938
Sept. 28

13, 058, 608 12,292,533 11, 841, 427 12, 541, 845 14,284, 875 12, 937, 600 12, 937, 437
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

302, 941
23, 601
164, 041
297, 426

276, 229
29, 533
253, 302
149, 477

154,177
27, 039
259, 975
94, 447

144, 067
17, 695
277, 947
80, 692

130, 698
15,148
376, 929
114, 650

73, 398
13,317
293,188
120, 357

86, 972
13, 206
271, 474
126, 038

_____ ______

4, 557, 050 4,126, 420 3, 905,151 4, 208, 669 4, 365, 394 3, 315, 638 3, 302, 422

To brokers and dealers in New Y ork________________________
T o brokers and dealers elsewhere. ____ _____
_____ ______
T ooth ers____ _____________ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

747, 748
801, 840
840, 660 1,078, 895 1, 278, 240
523, 474
531, 339
178, 457
167, 061
266, 322
179,315
257, 792
177, 970
181, 469
3, 630, 845 3,157, 519 2, 885,176 2, 863, 452 2, 829, 362 2, 614,194 2, 589, 614

Real estate loans:
On farm land______
__
_ _
___
_
__ _
311,398
266,216
252, 286
256,156
264, 505
272, 726
275, 220
On other real estate_____________ ______ _ _
_
______
2, 052, 454 2, 030, 399 2, 026, 788 2, 084, 022 2, 240, 866 2, 339, 840 2, 386,034
Reporting banks’ own acceptances,
_ _ __ ______ _ ____ _ __ _
257, 382
229, 132
158, 643
117, 191
113, 247
112, 100
111,918
Agricultural loans, except on farm la n d ____________________________
/ 420,614
572, 841
459, 746
All other loans (including overdrafts)______ .__ _
______ __ ___ >U, 092, 315 4, 931,825 4, 962, 921 \4, 934, 792 6, 203, 692 5, 824,195 16, 364, 153
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 — Total _

6, 801, 360 9,186, 237 10, 080, 383 11, 721, 475 10, 870, 404 10,215, 007 10, 712, 818

Treasury bonds maturing on or before December 31, 1949 ___
_ ___
Treasury bonds maturing after December 31, 1949____________
__ _ j>4,122, 079 4, 454,175 3, 668, 256
Other United States bonds___________________ ____________________
Treasury notes. _____ ___________ ___________ _ ____ __________
1,959, 719 3, 371, 461 5, 281, 163
Certificates of indebtedness_____ ________________________ _. __ ___
270,311
415,078
Treasury bills_____ ___________
_ _________ ________ _ _ _
449, 251
945, 523 1, 130, 964
S e cu rities fu lly gu a ra n te e d b y U . S. G o v e r n m e n t— Total __

___

----- --- _

.

__ _________

Obligations of:
States, counties, municipalities, etc_____________________________
Public utilities_______ _ _____________________ _____ ____ _____
R ailroa d s________ __ _ _________ _______________ ___________
Home Owners’ Loan Corporation guaranteed b y U. S. Govern­
ment as to interest only_____________________________ ________
Federal land banks_____________________________________________
Intermediate credit banks_____
_
___ __
Joint stock land banks_____________ ___________________________
Territorial and insular possessions. _
__________ __ . _ ___
Real estate corporations________________ _ . _ _____
__ ___
Other domestic corporations _____________
_ . ___ _ _ _ _ . . .
Stock of:
Federal Reserve b a n k s _______ ___
_ _ ___ __
__.
Real estate corporations____________ ______ __________ ______
Banks and banking corporations________ _ ______ _ ___ __
Other domestic corporations____________________________________
Foreign securities:
Central governm ents______ _______________________
____ ____
Provincial, State, and municipal governments__________________
Other foreign securities_________________________________________
B ills p a y a b le a n d r e d is c o u n ts — T o t a l ______ __ _

_ _____________

W ith Federal Reserve banks:
Bills payable________________
________________________________
Rediscounts. _ _ _ _
__
____
_______________
All other:
Bills payable__________ _ ______ ____
__
._ _
Rediscounts _ __ ___ ___________ _ _
___ _____
__
P ar va lu e o f c a p ita l s to c k — T o ta l_______ _ _

____ __ . . . ____ __

First p r e fe r r e d ...___ _______
___
Second preferred_____ _ ______________________ __ _
Com m on_____ ________________ ________________
_______ ________
i Beginning with 1933, figures relate to licensed banks only.




1, 265, 941

820, 615

316,153

313, 458

709, 035 1, 764, 071 1, 950, 457 1, 818,530 2,127, 964 2,298, 477

Reconstruction Finance Corporation________ ____________________ _
Federal Farm Mortgage Corporation___________________ ______ _ _
Home Owners’ Loan Corporation___________ _ ______ ______ _ __
Other Government corporations and agencies______________________
O th e r s e c u ritie s — T o t a l ---------------------

(2, 481,513 2, 319, 082 2, 725, 642 2, 803, 359
783, 131 3, 325, 033 3, 465, 582 3, 832, 847
1 30,205
45, 057
54, 325
56, 529
5,160, 685 4, 360, 617 3, 653, 305 3, 706, 625

\ 2,

239, 463
245, 824
236, 082
219, 602
260, 821
425, 576
185, 087
439, 993
458, 391
386, 225
420,165
419,168
284, 485 1,078, 254 1, 255, 984 1, 212, 703 1, 291, 274 1, 292, 947
155, 704
160, 786
5, 092, 856 5, 371, 507 5, 615,190 6,045,033 5, 764, 752 5, 439, 938 5, 678,157
1, 791, 226 1, 952, 893 2, 205, 476 2, 264, 267 2,132, 659 2,128, 370 2, 301, 977
718, 025
713, 340
926,155
837, 647
870, 733
762, 791
772, 612
' 784,672
824, 364
948, 338
956, 941
832, 560
826, 415
221, 683
/ 177,269
260,702 \
107,463
24, 001
18, 380
18, 997
18, 574
79, 432
74, 270
519, 993
587, 489

208, 363
137,001
16, 988
15, 610
69, 313
663, 344

161, 838
127, 536
18, 665
17, 380
59, 883
657, 672

129, 415
159, 026
15, 293
15, 084
51, 770
631, 713

126, 395
150, 276
15, 476
15, 515
53, 518
693, 621

138, 957
f
1
j 435,257 {
[

146, 719
63,366
71,219
261,040

130, 325
52,175
71,865
251, 046

130,810
52,169
71, 734
290, 604

132, 238
50, 227
71, 479
279, 353

133, 510
54,666
73, 067
274, 981

134, 120
58, 903
72, 215
273,138

[
1 339,165 \
[
i

129,814
51,155
72,481

125, 894
62, 351
70, 602

133, 605
56, 272
60, 460

133, 094
50, 355
44, 699

96, 662
43, 342
37, 688

98,129
47, 570
38, 277

188,229

24,155

8, 924

5, 850

16,194

11,203

12, 499

60, 647
23, 817

8, 968
1,155

6, 436

3, 471
542

8, 375
1, 373

6, 267
1,784

7, 490
1, 544

102, 876
889

14, 009
23

1, 833
4

6, 435
11

3, 071
81

3,076
389

•1, 670, 226

2, 488

2,274,848 2,537,373 2,542,514 2, 464, 405 2,367,523 2,362,203 2,360,147
81, 488
504, 683
579, 422
497, 228
357, 226
323, 651
317, 675
4, 300
21, 077
29, 394
28, 791
25,197
24, 902
25,166
2, 189, 060 2,011,613 1, 933, 698 1, 938, 386 1, 985,100 2, 013, 650 2,017, 306

4
ALL MEMBER BANKS— CONDITION ON SEPTEMBER 28, 1938, BY CLASSES OF BANKS
[Amounts in thousands of dollars]
Central reserve city
member banks

Reserve
city
member
banks

All
national
member
banks

All State
member
banks

12, 937, 437
Loans (including overdrafts)-----------------------------------------United States Government direct obligations----------------- 10, 712, 818
2, 298, 477
Securities fully guaranteed by United States Government
5, 678,157
Other securities____ ___________________________ — ------Total loans and investm ents-------- --------------------- ------- 31, 626, 889
112, 965
Customers’ liability on account of a cce p ta n ce s ..-------- --968, 380
Banking house, furniture, and fixtures---------------------------335,
567
Other real estate owned---------------------------------------------- --8,192, 978
Reserve with Federal Reserve banks------- ------------------774,
887
Cash in vault-----------------1-----------------------------------------------Balances with private banks and American branches of
42,
488
foreign banks________ ____________
____ ________ . . .
1, 583, 009
Demand balances with banks in New York C ity----------2,
234,
373
Demand balances with other domestic banks----------------77,156
Tim e balances with other domestic banks--------------73,
374
Balances with banks in foreign countries---- ---------------1, 261
1,460, 367
Cash items in process of collection ------- -------- ------8, 235
Cash items not in process of collection---------- -----------Acceptances of other banks and bills sold with endorse­
27, 633
m ent_____________________________ __________________
1,370
198, 227
Other assets____________________________________________

8, 279, 991
6, 894, 508
1, 566, 795
3, 765, 510
20, 506, 804
56, 935
629, 412
152, 284
4, 666,085
567,053

4, 657, 446
3, 818, 310
731, 682
1,912, 647
11,120, 085
56,030
338, 968
183, 283
3, 526, 893
207, 834

3,145, 571
3,153,144
833, 725
1,222,088
8, 354, 528
86, 007
222, 287
31, 552
3, 743, 377
69, 881

522,128
920,999
126, 250
319, 386
1, 888, 763
3, 039
21,319
5, 946
855, 865
31, 821

4, 870, 278
4, 088,180
742, 758
1, 724,610
11, 425, 826
22, 553
337, 951
126,135
2,311,284
322, 438

4, 399, 460
2, 550, 495
595, 744
2, 412,073
9,957, 772
1,366
386, 823
171,934
1, 282, 452
350, 747

28,911
1, 182, 828
1, 759, 255
61, 776
34,001
1, 261
893,143
6, 074

13, 577
400,181
475,118
15, 380
39, 373

2,001
44, 373
44, 773
36
56,430

11,449
148, 900
36, 105
1,220
2,163

2, 896
540, 874
1, 194, 630
48,051
2, 827

567, 224
2, 161

578, 872
464

98, 656
21

26, 142
848, 862
958, 865
27, 849
11,954
1, 261
594, 967
3,018

7, 576
203
101, 377

20, 057
1,167
96, 850

25, 914
1, 100
61, 026

12

1, 455

18, 035

75, 481

252
270
43, 685.

47, 719,159

30, 654, 978

17,064,181

13,322,621

3,123, 314

17, 096, 041

14,177,183

Demand deposits—T otal------------------------------- ------------- 30,308, 304
20, 438, 710
Individuals, partnerships, and corporations .
707, 267
United States Government ___ ----------- -----------------2,079, 830
States, counties, and municipalities------------ ----------6,088,093
Banks in United States..—. ----- ------------ -------------456, 517
Banks in foreign countries __ ---------------------------. . .
Certified and officers’ checks, cash letters of credit
537, 887
and travelers’ checks, etc----. . . ______ . . . . .
Tim e deposits—Total--------------------------------------------------- 11, 462,315
Individuals, partnerships, and corporations:
9, 398, 613
Evidenced b y savings pass books----------------------724, 377
Certificates of deposit.----------- ----------------------------544, 378
-------- --- _
. -------------Open accounts—
121, 292
Christmas savings and similar a ccou n ts-----------69, 605
Postal savings
464,427
States, counties, and municipalities______ ______ _
130,009
Banks in United States... ____________ ._
____ _
9,614
Banks in foreign countries

19, 073, 215 11,235, 089
12, 632, 896 ' 7,805,814
255, 301
451, 966
1, 595, 925
483, 905
2,188,214
3, 899, 879
252, 354
204,163

10,687,630
7,128, 070
180, 797
196,118
2, 497, 641
404, 655

2, 390, 931
1, 454, 904
61,771
204,129
635, 607
10, 262

10, 625, 422
6, 842, 674
356, 450
710,658
2, 556, 773
39, 213

6, 604,321
5,013, 062
108,249
968, 925
398,072
2, 387

288, 386
7, 974, 726

249, 501
3, 487, 589

280, 349
722,749

24, 258
459, 483

119,654
4, 576, 591

113,626
5, 703, 492

6, 573,099
560, 373
250, 453
85,015
59,697
340, 467
97, 788
7, 834

2, 825, 514
164,004
293,925
36, 277
9, 908
123, 960
32, 221
1,780

402, 455
29, 253
214, 242
7,177

390,256
14, 849
32, 554
944

63, 538
210
5, 874

20, 850
30

3, 736, 540
194, 849
236, 912
40, 824
23, 258
233,228
107, 240
3, 740

4, 869, 362
485, 426
60, 670
72, 347
46, 347
146,811
22, 529

Tottal d ep osits._ -------- ---------- ------------- . ------------- . 41, 770, 619
2, 759, 620
Secured b y pledge of loans and/or investments-----N ot secured b y pledge of loans and/or investments.__ 39, 010, 999

27, 047, 941
2, 045, 399
25,002, 542

14, 722, 678
714, 221
14, 008, 457

11, 410,379
367, 895
11,042, 484

2, 850, 414
217, 783
2, 632, 631

15, 202,013
1,316, 044
13, 885, 969

12,307, 813
857, 898
11,449,915

117, 432
1, 502
12, 499

101, 385
1, 206
9,122

16,047
296
3, 377

117, 432
185

1, 317
10, 829

27, 633
109, 060
12, 354
1, 370
96, 208

7, 576
55, 334
6,903
203
60, 381

20, 057
53, 726
5, 451
1,167
35, 827

25,914
84, 749
7, 211
1,100
15, 533

12
2, 514
773

1,455
20, 618
4,121

9, 203

47, 325

252
1,179
249
270
24,147

35, 817
124,781
48,144
2, 377, 484
2, 046,844
645, 543
274, 395

21, 028
45, 718

13, 386
56, 430
556
561,860
803, 015
157, 943
65, 395

803
3, 585

1, 565, 288
1,124, 903
432,133
163, 074

14, 789
79, 063
48,144
812,196
921, 941
213, 410
111,321

18, 057
37, 866
26, 738
769,907
632, 274
220, 879
109,832

3, 571
26, 900
20, 850
919, 217
544, 380
239, 670
63, 934

17, 474

12, 783

4, 691

48

50

4, 771

12, 605

17, 096, 041

14,177,183

8, 225, 937
7, 078, 019
344

4, 685, 003
5, 907, 741
5, 948

All
member
banks

N ew York

Chicago

Country
member
banks

ASSETS

Total assets.

--------

--------------------- -----------------

187, 872
4, 732

LIABILITIES

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 page 5) ------------------------Surplus_________________________________________________
Undivided profits—net---------------------- ------- ---------------. . .
Reserves for contingencies____________ _________________
Retirement fund for preferred stock and capital notes and
debentures------------------ ---------. . . . . . --------------- ------------

Total liabilities (including capital account) __ 47, 719,159
Net demand deposits (see page 1 0 )..------------- -----------------Demand deposits—adjusted L__ ----------- --------------- _ . . .
Number of banks------ --------------------------------------------- ------i For footnote see page 1.




25, 038, 348
21, 596,060
6, 341

1,670

126, 500
67,175
27, 051
35, 234

30, 654, 978

17, 064,181

13,322, 621

3,123, 314

15, 240, 703
13, 624, 064
5, 239

9, 797, 645
7, 971, 996
1,102

10, 019, 612
7, 025, 665
36

2,107, 796
1, 584, 635
13

5
ALL MEMBER BANKS— CLASSIFICATION OF LOANS, INVESTMENTS. BORROWINGS, AND CAPITAL
STOCK ON SEPTEMBER 28, 1938, BY CLASSES OF BANKS
[In thousands of dollars]

A ll
m em ber
banks

L oa n s—T otal-------------------------------------------------------------------------

A ll
n a tio n a l
m em ber
banks

A ll
S ta te
m em ber
banks

86, 972
13, 206
271,474
126, 038

36,146
7, 668
188, 473
55, 634

Loans on securities exclusive of loans to banks—T otal____

3, 302, 422

1, 855,166

T o brokers and dealers in New Y ork _________________
T o brokers and dealers elsewhere.:___________________
T o others____________________________________________

531, 339
181,469
2, 589, 614

184, 299
104, 763
1,566, 104

Real estate loans:
On farm land________________________________________
On other real estate__________________________________
Reporting banks’ own acceptances_______________________
All other loans (including overdrafts)-------------------------------

275, 220
2, 386, 034
111,918
6, 364,153

222,159
1, 437, 105
67, 851
4, 409, 789

53,
948,
44,
1, 954,

Treasury bonds maturing on or before December 31, 1949Treasury bonds maturing after December 31, 1949-----------Other United States bonds----------------------------------------------Treasury notes__________________________________________
Treasury bills___________________________________________
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
Reconstruction Finance Corporation____________________
Federal Farm Mortgage Corporation____________________
Home Owners’ Loan Corporation------------------------------------Other Government corporations and agencies----------------O th e r s e cu ritie 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______________________________
Bills p a y a b le a n d re d is c o u n ts —Total------------------------------W ith Federal Reserve banks:
Bills payable________________________________________
Rediscounts_________________________________________
All other:
Bills payable________________________________________
Rediscounts---------------------------------------------------------------Par va lu e o f ca p ita l s to c k —Total-----------------------------------First preferred1---------------------------------------------------------------Second preferred1 _______________________________________
Com m on________________________________________________

N ew
Y ork

12, 937, 437 8,279, 991 4, 657, 446 3,145, 571

Acceptances of other banks payable in United States------Bills, acceptances, etc., payable in foreign countries--------Commercial paper bought in open market_______________
Loans to banks__________________________________________

U nited S tates G o v e r n m e n t d ir e c t o b lig a tio n s —Total----

C e n tr a l re s e rv e c it y
m em ber banks

122
111

5,817
8, 758
99, 285
21, 944

150, 506
8, 548

142, 900

1, 088, 518

805, 059

31,445
111,455

12, 037
84, 126
992, 355

7,159
14, 244
783, 656

216
9, 674
2, 871
350, 986

95, 440
1, 121, 447
42,161
2, 386, 908

450
14, 798

1, 447, 256

1, 265, 945

347, 040
76, 706
1,023, 510

512, 143
51,654
702, 148

061
929
067
364

265
131, 480
64, 512
1, 499, 290

10, 712, 818 6, 894, 508 3, 818, 310

1,153,144

2, 803, 359
3, 832, 847
56, 529
3, 706, 625
313, 458

1, 723, 638
2, 664, 317
46, 690
2, 306, 661
153, 202

2, 298, 477 1, 566, 795
425,
419,
1, 292,
160,

576
168
947
786

284,
321,
860,
100,

680
174
596
345

826
538
001
404

788, 068
772, 347
76
1, 341, 796
250, 857

141, 628
468, 798

731, 682

833, 725

140,
97,
432,
60,

223,
74,
478,
56,

896
994
351
441

652
736
492
845

5, 678,157 3, 765, 510 1, 912, 647 1, 222, 088

2, 072

1,200

.179,
1, 123,
2,
2,126,

299
433
374
969

920, 999 4, 088,180 2, 550, 495

721
530
839
964
256

1, 079,
1,168,
9,
1, 399,
160,

C ou n try
m em ber
banks

522,128 4, 870, 278 4, 399, 460

961
798
885
435

50,
5,
83,
70,

78,
2,
6,
95,

C h ic a g o

R eserv e
c ity
m em ber
banks

309,662
700

1,176, 830
1, 568, 737
6,161
1, 289, 656
46, 796

696, 833
1, 022, 965
50, 081
765, 511
15,105

126, 250

742, 758

595, 744

98,150
5, 108
9, 381
13, 611

61, 453
175,957
444, 630
60, 718

42,
163,
360,
29,

211

321
367
444
612

319, 386 1, 724, 610 2, 412, 073
143,
42,
24,
15,
8,

454
756
200
039
136
333
903
1,613
35, 890

768,
174,
194,
48,
41,
3,
5,
22,
201,

877
267
794
545
932
792
959
353
255

895, 204
441, 437
465, 010
59, 551
7, 706
11,124
8,113
15, 088
328,105

812, 253
217,106
238,135
22, 305
57, 807
3, 428
5, 128
28, 360
210, 216

494, 442
114, 152
142,411
3, 260
92, 502
227
540
14, 464
128, 371

52,
18,
43,
145,

947
927
590
599

40, 579
1, 620
22, 607
110,375

5,810
749
504
26, 336

42, 993
40,993
36, 881
90, 895

44,
15,
12,
45,

69, 424
31, 841
25, 865

28, 705
15, 729
12,412

40, 447
9, 452
6, 639

5, 923
5, 824
1,916

24, 493
11, 296
15, 285

27, 266
20, 998
14, 437

12, 499

9,122

3, 377

1, 670

10, 829

7, 490
1, 544

5, 069
1, 261

2, 421
283

1,170

6, 320
1, 544

3,076

2, 446
346

630
43

2, 360,147 1, 569, 657

790, 490

547, 901

126, 500

766, 438

919, 308

242, 775
17,171
1, 309, 711

74, 900
7, 995
707, 595

9, 507

25, 700

"538," 394

166," 800

109, 391
8 ,150
648, 897

173, 077
17,016
729, 215

!, 301, 977
772,612
826, 415
126, 395
150, 276
15, 476
15, 515
53, 518
693, 621

1, 489, 724
555, 506
588, 280
104,090
92, 469
12, 048
10, 387
25,158
483, 405

134,120
58, 903
72, 215
273, 138

81,173
39, 976
28, 625
127, 539

98,129
47, 570
38, 277

317, 675
25,166
2, 017, 306

738
541
223
532

2, 576

i R e t i r a b l e v a lu e e x c e e d s p a r v a lu e , as fo llo w s : N a t io n a l b a n k s . F ir s t p r e fe rr e d s t o c k — b y $18,088,000, S e c o n d p r e fe r r e d s t o c k — b y $1,860,000;
S ta te b a n k s , F ir s t p r e fe r r e d s t o c k — b y $37,177,000, S e c o n d p r e fe rr e d s t o c k — b y $2,552,000.




6
ALL MEMBER BANKS— CONDITION ON SEPTEMBER 28, 1938, BY FEDERAL RESERVE DISTRICTS
[Amounts in thousands of dollars]

Total,
all dis­
tricts

Federal Reserve district
Boston

New
York

938, 962
586, 311
61, 568
303, 449
1, 890,290
7,010
68,031
18,113
414, 053
154, 064
2, 273
123, 428
92, 525
358
3,165
1,261
71,814
356
863

173,898
907,903 1,042, 379
557, 908
521,942
841, 650
603, 705
994, 666
424,140
256,143
987, 266
149, 923
157, 091
69, 618
73, 964
825,010
671, 501
544, 658
165, 241
186, 659
827, 824 2,333, 032 2, 738, 794 1, 216,907 1, 038, 708
86, 716
5, 904
897'
308
1, 073
317, 773
83, 264
99, 657
50,180
41, 555
100, 098
75, 724
39, 387
15, 526
15, 291
053, 661
356,079
469, 846
225, 874
160,198
134, 009
54, 235
75, 334
46, 240
32, 151
3, 712
3, 716
4, 761
691
1,712
229,066
132, 529
165, 246
101, 282
77, 459
92, 292
134,051
207, 775
145, 000
163, 410
2, 235
9, 891
14, 499
5,136
5, 469
58, 240
1,375
1,044
35
418

Phila­
delphia

Cleve­
land

R ich­
mond

Atlanta

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 endorsement____________
Securities borrowed____________________________________________________
Other assets________________ ___________________________________________
Total assets..

8,116

631, 497
816
25, 972
1,100
77, 710

66, 575
361
96
3
19, 856

83, 077
830
5
150
13, 024

59, 844
554
58
20
6,049

51, 470
215
91
50
14, 598

47, 719,159 2, 855, 720 16, 642, 721 3, 276, 691 5, 914, 326 1, 873, 704 1, 603, 868
LIABILITIES

Demand deposits—Total____________________________________________ 30, 308,304 1, 781, 310 12, 037,147 1, 634, 627 1, 962, 835
Individuals, partnerships, and corporations________________________ 20, 438, 710 1, 349, 307 8,122, 533 1, 155, 804 1, 440, 444 1,120, 092 1, 029, 781
742, 246
599, 053
United States Government________________________________________
707, 267
18, 486
215, 762
55, 610
35, 206
27, 657
49, 533
States, counties, and municipalities________________________________
2,079, 830
414, 216
119,977
103, 155
155, 816
92, 905
129, 145
Banks in United States____________________________________________
6, 088,093
253,144 2, 566, 641
296, 555
308,
792
241,
888
243,
640
Banks in foreign countries_________________________________________
456, 517
13, 729
406, 407
7, 384
1,220
521
1,324
Certified and officers’ checks, cash letters of credit and travelers’
checks, e t c ____________________________________ ____ _____________
537,887
26, 667
311, 588
16,119
21, 35'
14,875
7,086
Tim e deposits—T otal_________________________
11, 462,315
660,917 2,267,205 1,121, 761 1, 392, 445
538,356
386, 748
Individuals, partnerships, and corporations:
Evidenced b y savings pass books________
I, 398, 613
596, 587 1, 819, 746
852,110 1,106, 366
466, 214
306, 532
Certificates of deposit___________________
724, 377
24, 372
60, 462
90, 678
76, 864
30, 763
35,189
Open accounts__________________________
544, 378
236, 286
20,477
86, 265
83, 595
11,
3, 994
Christmas savings and similar accounts...
121, 292
7,829
32, 290
19, 278
12,
639
8,481
4,619
Postal savings_______________________________
QQ
69, 605
3, 621
12, 970
8, 630
3, 215
11,313
States, counties, and municipalities__________
464,427
95, 683
5, 670
49,086
65, 392
10,887
18, 751
Banks in United States______________________
130, 009
16, 765
1,911
11, 374
6,827
6, 350
Banks in foreign countries........ ........................ .
9,614
450
5,874
Total deposits_____________________________ _____ ____________________ 41, 770, 619 2, 442,227 14, 304,352 2, 756,388
Secured b y pledge of loans and /or investments____________________
2, 759, 620
548, 927
57, 281
205, 643
N ot secured b y pledge of loans and /or investments________ ____ _
39,010,999 2, 384,946 13, 755, 425 2, 550, 745
Due to own foreign branches___________________ ________________________
117, 432
117, 432
Agreements to repurchase securities sold__________________________ _____
1,502
500
Bills payable and rediscounts________________________________ _________
12, 499
594
5,310
M
- Acceptances of other banks and bills sold with endorsement____________
27, 633
25, 972
863
Acceptances executed for customers____________________________________
109, 060
6, 299
85, 236
5,
244
Acceptances executed b y other banks for reporting banks______________
12, 354
1,381
7, 458
1,285
Securities borrowed___________________________________________________
1,370
1,100
3
Interest, taxes, and other expenses accrued and unpaid_________________
96, 208
21, 802
7, 457
7,287
Dividends declared but not yet payable and amounts set aside for unde­
clared dividends and for accrued interest on capital notes and deben­
tures.
35, 817
14, 514
2,483
2, 891
Other l ia b ilit ie s .____ _________________
124, 781
6,240
67, 383
8,314
Capital notes and debentures____ ______
48,144
13, 044
Capital stock (for par value see page 8) .
2, 377,484
160, 854
192,162
781, 079
Surplus..
2,046,844
911, 796
153, 269
214,900
Undivided profits—net________________________________________ ____ _
645, 543
49, 354
201,162
63, 400
Reserves for contingencies_____________________________ ____ _________
274, 395
23, 583
81, 880
21,412
Retirement fund for preferred stock and capital notes and debentures.
17, 474
616
3, 201
1,813
Total liabilities (including capital account).




35
1,027
5
868
41
150
13, 218

1,044
58
194
114
20
3,059

535
753
91
1, 236
91
50
2,719

2, 680
4, 576
22, 321
207,179
217,117
52,419
35, 460
1,950

679
2, 340
2,706
100,457
62, 852
31, 620
9, 075
1,038

785
2, 251
542
101, 026
47, 260
22, 236
6, 633
1,131

47, 719,159 2,855, 720 16, 642, 721 3,276, 691 3, 914, 326 1, 873, 704 1, 603, 868

Net demand deposits (see page 10)______________________________________ 25,038,348
Demand deposits—adjusted1___________________________ _____ __________ 21, 596,060
Number of banks___________ ____________________________________________
6,341
1 See footnote on page 1.

1, 355,280 1, 658, 448 1, 416,529
286, 214
134, 933
192, 714
1,069,066 1, 523, 515 1, 223, 815

814, 699
790,182
404

737, 486
683, 814
319

7
ALL MEMBER BANKS— CONDITION ON SEPTEMBER 28, 1938, BY FEDERAL RESERVE
DISTRICTS— Continued
[Amounts in thousands of dollars]
Federal Reserve district
Chicago
A SSETS
Loans (including overdrafts)_________________________________________
United States Government direct obligations_________________________
Securities fully guaranteed b y United States Government____________
Other securities_______________________________________________________
T o t a l lo a n s a n d in v e s tm 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 New 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___________________________________________________ ______
Total assets..
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___

St. Louis

287.163
479, 982
776, 410
305, 526
345, 998
90, 692
782, 422
209, 258
191, 993 1, 085, 458
3,101
351
81, 399
26, 896
17,
12, 948
246, 277
222, 218
115, 880
26, 465
12, 388
709
297.164
72, 616
141, 891
335,168
6, 533
849
3, 322
136
182, 403
825
82
11
27, 989

M inne­
apolis

Kansas
City

294, 564
458, 685
265, 958
313, 758
34, 435
78,168
139, 993
212, 260
734, 950 1, 062, 871
294
67
24,086
31,615
2, 420
3, '
116, 793
223, 627
18, 414
28, 223
1,387
2,193
58,918
98,188
122, 781
319, 992
4, 346
11, 365
999
444

54, 111
555

31,814
281

4,126

5,187

64, 237

Dallas

San
Francisco

432, 879 1,841,172
251,105 1,093,446
49,963
199, 791
131, 218
506, 488
865,165 3, 640, 897
1,311
5, 933
35, 306
108, 618
6, 986
28, 022
170,607
533, 745
28, 518
61, 354
3, 473
5, 473
94,461
132, 652
259, 567
219, 921
3,065
13,410
200
3, 996
36, 881
559
111
36
2, 617

126, 644
2, 057
355
16, 095

6, 522, 504 1, 649, 329 1,122, 670 1, 849, 591 1, 508, 863 4, 899,172
4, 279, 514 1, 069, 519
2, 765, 257
663, 928
109, 552
23, 056
476, 246
78, 892
866, 283
295, 327
11, 287
250
50,889
8,066

638, 718 1, 358,352 1,116, 752 2, 279, 657
394, 363
792, 341
751, 810 1, 661, 624
2, 831
23, 732
35,165
110, 677
94, 937
152,169
88, 930
173,442
134,289
375, 402
228, 277
277, 855
1,460
168
650
12,117
10, 838
14, 540
11,920
43,942

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___________________________________________ _________
Banks in foreign countries____________________________________________________

1, 647, 425

407,190

360,

310, 086

223, 094 2,146, 402

1,443, 508
103, 871
36,798
11,071
3, 425
39,174
9, 578

304,070
75, 234
1,937
2, 556
3, 829
12,237
7, 327

282,

222,177
59, 732
6, 445
4, 369
2, 033
7, 239
8, 091

176, 261 1, 822, 244
24, 311
78, 615
3,127
52, 802
1,294
14, 483
2, 349
15, 597
14, 957
139, 929
795
19, 442
3, 290

Total deposits__________________________________________________________________
Secured by pledge of loans and /or investments________________________________
Not secured b y pledge of loans and/or investments___________________________

5,926, 939 1, 476, 709
326, 973
103,015
5, 599, 966 1, 373,

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)___________________________ ____ ___________
Surplus..
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 page 10)___________________________________
D em and deposits—adjusted1____________ _____ _____________________
N um ber of banks____________________________________________________
1 See footnote on page 1.




169
82
2, 560
789
11
14, 519
1,
7,
5,

291,
143,
72,
52,
2,

999, 404 1, 668, 438 1, 339, 846 4, 426, 059
96, 310
181, 401
141,183
485,026
903, 094 1, 487,037 1,198, 663 3, 941,033
261
334

571

105

362

294

"1,140

"~3,’ 358

2,"300

901
4, 222
2,482
85,948
42, 064
27,084
4, 631
1, 215

100
6, 029
271
62, 863
33, 312
12, 991
3,464
479

793
1,141

67

50,160
29,192
7, 324
550

171
512
111
951
360
36
2, 816

14, 533

1,404
1,172
306
85, 637
44, 625
25,172
4 ,1
1,054

7,139
13, 561
957
220,179
126, 352
57, 942
23,307
1, 620

584
355
5,816
768

6,522, 504 1, 649, 329 1,122, 670 1, 849, 591 1,508, 863 4,899,172
3, 467, 819
3,109, 989
781

800, 952
696, 775
390

426,185
468, 324
467

875, 970
894, 813
735

725, 843 1, 801, 036
815, 779 1, 752, 364
544
290

8
ALL MEMBER BANKS— CLASSIFICATION OF LOANS, INVESTMENTS, BORROWINGS, AND CAPITAL
STOCK ON SEPTEMBER 28, 1938, BY FEDERAL RESERVE DISTRICTS
[In thousands of dollars]
Federal Reserve district
Total,
all dis­
tricts

12,937,437

Boston

New
York

938, 962 4,173,898
808
420
75, 414
2, 787

79,917
2, 806
32,114
96, 854

Phila­
delphia

Cleve­
land

R ich­
mond

Atlanta

907,903 1,042,379

557,908

521, 942

564
635
26, 988
2, 293

1,042
5
11,034
4, 220

780
39
12, 512
1,306

328
1,385
4, 661
4,121

Acceptances of other banks payable in United States..--------------------Bills, acceptances, etc., payable in foreign countries-------------------------Commercial paper bought in open market----------------------------------------

86, 972
13, 206
271, 474
126,038

Loans on securities exclusive of loans to banks—T otal----------------------

3, 302, 422

232, 349 1, 519, 691

247, 692

328,037

120, 556

93, 248

To brokers and dealers in New Y ork-----------------------------------------To brokers and dealers elsewhere_______________________________

531,339
181,469
2, 589, 614

5, 249
19, 357
207,743

518, 760
54, 291
946, 640

3, 413
13, 600
230,679

240
21,927
305, 870

217
3, 761
116, 578

27
9, 680
83, 541

275, 220
2, 386,034
111,918
6, 364, 153

12,635
4,117
470,085
187, 500
65, 761
20, 742
414,825 1, 894,035

17, 941
204, 036
4, 544
403, 210

27, 851
290,962
2, 193
377, 035

19, 562
113, 254
2
289, 897

12,519
55, 395
894
349, 391

United States Government direct obligations—Total----------------------- 10, 712, 818

586, 311 3, 841, 650

603, 705

994, 666 ~~ 424,140

256,143

984, 229
170, 945
231, 959 1, 077, 994
2, 364
3, 671
179, 343 1, 523, 514
252, 242
1,700

212, 559
291,181
2, 905
96, 841
219

339,262
282,135
5, 277
340,110
27, 882

109, 936
142,435
2, 406
169, 363

80, 246
92, 444
2, 063
80,315
1,075

61, 568

987, 266

149, 923

157, 091

69, 618

73, 964

10,006
11,262
31, 787
8, 513

240, 060
95, 373
581, 889
69, 944

4,816
36, 361
105, 621
3,125

14, 242
21,810
107, 569
13, 470

3, 640
14,053
49, 849
2,076

2, 305
21, 435
47, 432
2, 792

303, 449 1, 825, 010

671, 501

544, 658

165,241

186, 659

77,869
66, 404
58, 744
2, 639
7, 303
473
1,267
2, 220
35, 967

678, 222
230, 445
285, 856
8, 704
93, 798
552
1,162
17, 582
202, 267

144, 308
152, 044
171,141
16, 474
512
969
1,176
5,849
100,709

152, 440
87, 358
95, 432
24, 388
5, 751
1,470
2, 577
4, 684
98,372

67,898
19, 302
23,445
9,985
1,103
449
257
1, 646
24,162

123, 301
8, 654
13, 889
5,449
1,832
794
679
1,920
16, 236

9, 408
3, 635
5, 325
15, 887

50, 930
9, 637
29,409
145, 084

12, 214
6,433
6, 097
28, 505

13, 390
4,029
21, 597
18, 781

5,162
3,042
557
4, 833

4, 467
986
1,363
5,003

4,138
4, 472
7, 698

46,071
14, 845
10, 446

11,089
6, 883
7,098

5,131
4, 539
4,719

2,066
675
659

1,123
448
515

12, 499

594

5,310

1, 496

1, 027

1, 044

753

7,490
1, 544

146

3, 938
271

939
243

794
12

429

201
349

3, 076
389

448

1,101

314

221

340
275

183
20

2,360,147

159,817

768, 026

190,327

207,179

100,371

100,082

17, 214
2,505
140,098

66, 833
8, 145
693, 048

24, 121
5, 293
160, 913

26, 917
1,013
179, 249i

13, 381
499
86,491

21,094
3,475
75, 513

Real estate loans:
On other real estate____________________________________________
Reporting banks’ own acceptances---------------------------------------------------All other loans (including overdrafts)------------------------------------------------

Treasury bonds maturing on or before December 31, 1949----------------Treasury bonds maturing after December 31, 1949---------------------------Other United States bonds----------------------------------------------------------------

Securities fully guaranteed by U. S. Government

Total----------------

Reconstruction Finance Corporation-----------------------------------------------Federal Farm Mortgage Corporation-----------------------------------------------Home Owners’ Loan Corporation.---------------------------------------------------Other Government corporations and agencies-----------------------------------

2, 803, 359
3, 832,847
56, 529
3, 706, 625
313, 458
2,298,477
425, 576
419, 168
1,292, 947
160,786
5, 678,157

Obligations of:
States, counties, municipalities, etc------------- ----------------------------- 2, 301, 977
772, 612
Public utilities---------------------------------------------------------------------------826, 415
Railroads
- _________ ________________________
126, 395
Federal land banks--------------------------------------------------------------------150,276
Intermediate credit banks---------------- . . . . ------------------- -------15, 476
Joint-stock land banks---------------------------------------------------------------15, 515
Territorial and insular possessions-------- ------------- . . . -----------53, 518
Real estate corporations------------------------------------------------------------693, 621
Other domestic corporations_____ . . . . . . . . --------------------------tock of:
134,120
Federal Reserve b a n k s -------------------------------------------------------------58, 903
Real estate corporations______ _________________________________
72, 215
Banks and banking corporations------------------------------------------------273,138
Other domestic corporations______ ____________ _____ ________
Foreign securities:
98,129
Central governm ents.—------ ------- ------- ----------------------------------------47, 570
Provincial, State, and municipal governments------ ------- ------------38, 277
Other foreign securities--------------------------------------------------------------Bills payable and rediscounts—T otal-----------------------------------------------W ith Federal Reserve banks:
Bills payable
__ ___________ ______ _______________
Rediscounts
— __________________________
All other:
_____________________________________
Bills payable
_
..
Rediscounts________________________________________ ___________
Par value of capital stock— T otal-----------------------------------------------------First preferred
Second preferred
Common




_

_______________________ __________________
_
. ______________ __________ _______
. — _______ __________ __________

317, 675
25,166
2,017, 306

9
A IL MEMBER BANKS— CLASSIFICATION OF LOANS, INVESTMENTS, BORROWINGS, AND CAPITAL
STOCK, ON SEPTEMBER 28, 1938, BY FEDERAL RESERVE DISTRICTS— Continued
[In thousands of dollars]
Federal Reserve district

Chicago

St. Louis

M inne­
apolis

Kansas
City

1, 287,163

479, 982

294, 564

458, 685

Acceptances of other banks payable in United States..
Bills, acceptances, etc., payable in foreign countries...
Commercial paper bought in open market___________
Loans to b a n k s ______________________________________

245
473
54,053
4, 559

15
121
9, 590
6, 298

10, 827
312

5
20, 607
1,128

Loans on securities exclusive of loans to banks—T otal.

266, 999

93, 418

40,754

Loans—Total..

To brokers and dealers in New York.
T o 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).

Dallas

San
Francisco

432,879 1,841,172
773
83
2, 520

2, 491
7, 234
11,154
1,574

60, 629

51, 910

247,139

2, 589
49, 321

825
10,154
236,160
95, 700
685, 468
12, 990
777, 422

542
35, 684
230, 773

5, 649
87, 760

1,405
39, 349

2, 057
3, 372
55, 200

33,649
201, 357
2, 952
722, 876

13, 459
83, 221
211
273, 649

9, 348
24, 590
1,055
207, 669

18,076
36, 913
55
321, 272

10, 363
33, 253
519
332, 872

1, 776, 410

305, 526

265,958

313,758

251,105 1, 093, 446

Treasury bonds maturing on or before December 31, 1949..
Treasury bonds maturing after December 31, 1949________
Other United States bonds______ ________________________
Treasury notes___________________________________________
Treasury bills______________ _____________________________

321, 280
803, 420
10, 882
639, 028
1,800

102, 882
74, 028
3, 955
121, 639
3, 022

68,159
86,035
6, 707
104, 979
78

61, 485
93, 059
11,717
137, 074
10, 423

36, 092
94,711
2, 349
104, 486
13, 467

316, 284
563, 446
2, 233
209, 933
1,550

Securities fully guaranteed by U. S. Government— Total.

345, 998

90, 692

34, 435

78,168

49, 963

199, 791

Reconstruction Finance Corporation______________________
Federal Farm Mortgage Corporation______________________
Home Owners’ Loan Corporation_________________________
Other Government corporations and agencies_____________

110.125
71,169
136.125
28, 579

9,037
23, 212
46, 803
11,640

3,410
12,312
16,012
2, 701

10, 981
25, 694
36, 769
4, 724

7,717
9, 373
27,178
5, 695

9, 237
77,114
105, 913
7, 527

Other securities— Total--------------------------------------------------------

782, 422

209, 258

139, 993

212, 260

131, 218

506, 488

348,139
113, 770
83, 050
23, 068
18,017
6,219
4, 000
4, 347
111,970

99, 336
22, 665
20, 295
7, 675
2, 893
765
1,146
2, 865
30,088

68, 039
16, 823
19, 626
4, 649
1,007
447
158
425
19,772

140,839
10, 551
13, 536
9, 754
7, 407
646
1,327
456
14, 518

92, 473
4, 338
3,042
6, 076
2, 830
1,492
127
4, 054
8, 753

309,113
40, 258
38, 359
7, 534
7, 823
1,200
1,639
7, 470
30, 807

13, 253
2, 028
2, 064
27, 871

3, 920
317
155
14, 561

2, 906
1,023
22
376

4,195
954
240
1,775

3, 931
1.158
1,281
1.159

10, 344
25, 661
4, 105
9, 303

12,371
9, 370
2, 885

1,604
561
412

2, 053
1,698

2, 374
2, 298
1,390

345
65

9, 764
1, 716
1,392

571

105

334
109
280

353
162

123

40
29

United States Governm ent direct obligations— Total -

Obligations of:
States, counties, municipalities, etc____________
Public utilities________________________________
Railroads._____________________________________
Federal land banks____________________________
Intermediate credit b a n k s ...____ _____________
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 payable_____________________
Rediscounts______________________
All other:
Bills payable_____________________
Rediscounts______________________
Par value of capital stock— Total..
First preferred___
Second preferred..
Com m on________




135
34

291,035

86,322

62, 877

89, 042

85,637

219, 432

71, 800
1,492
217, 743

8, 580
1,162
76, 580

10,096
1,200
51, 581

11, 303
354
77, 385

13, 486
6
72,145

32, 850
22
186, 560

10
ALL MEMBER BANKS— RESERVE POSITION ON SEPTEMBER 28, 1938
[In thousands of dollars]
Reserves with Federal Reserve Ratio of Ratio of
Deduc­
banks
required reserves
Net de­
Net de­
reserves
held to
Gross de­ tions al­
mand
lowed
in
Tim
e
mand
to net
net de­
mand
deposits
demand
mand
deposits com put­ subject to deposits plus time
ing
deposits
plus
time
plus
time
Required2
Helds
Excess
reserves1 reserve
deposits deposits
(percent) (percent)
All m em ber banks ---------------- 30,307,335 45,268, 987 25, 038, 348 11, 462,315 36,500, 663 5, 333, 841 8,192, 978 2, 859,137

14.6

22.4

Central reserve city banks______________ 413,077,592 4950,184 12,127, 408 1,182, 232 13, 309, 640 2,818,097 4, 599, 242 1, 781,145
Reserve city banks---------- ------------------- 10, 625, 422 2, 399, 485 8, 225, 937 4, 576, 591 12, 802, 528 1, 668, 369 2,311,284
642, 915
Country banks--------------------------------------- 6, 604, 321 1,919,318 4, 685, 003 5, 703,492 10, 388, 495
847, 375 1, 282, 452
435, 077

21. 2
13.0
8.2

34.6
18. 1
12.3

2,154, 967
261, 365
414, 053
152, 688
13, 352,001 2, 528, 067 4,053, 661 1, 525, 594
2, 424,178
260, 442
356,079
95, 637
2,899, 540
311,751
469, 846
158,095
1,353,055
152, 068
225, 874
73, 806
1,124, 234
132,825
160,198
27, 373
5,115, 244
770,681 1, 246, 277
475, 596
1, 208,142
148,062
222,218
74,156
786, 871
82, 825
116, 793
33, 968
154, 065
1,186, 056
223, 627
69, 562
948, 937
121,137
170, 607
49,470
3, 947, 438
410,553
533, 745
123,192

12.1
18.9
10.7
10.8
11.2
11.8
15.1
12. 3
10.5
13.0
12.8
10.4

19.2
30.4
14.7
16.2
16.7
14.2
24.4
18.4
14.8
18.9
18.0
13.5

722, 749 10, 742, 361 2, 315, 599 3, 743, 377 1, 427, 778
459, 483 2, 567, 279
502, 498
855, 865
353, 367

21.6
19.6

34.8
33.3

All member banks:
Boston------------------------------------------ New Y o r k _________________________
Philadelphia________________________
Cleveland----------------------------- ---------Richm ond__________________________
Atlanta _ . . . . ----------- ---------------Chicago_____ _______________ ______
St. Louis___________________________
M inneapolis-. _____________ ______.
Kansas C ity--------- ---------------- --------Dallas----------------------------------------------San Francisco______________________
Central reserve city banks:
New Y ork____________ __________. . .
Chicago_____
__________________
Reserve city banks:
Boston__________________ _______
New York____________ __ _________
Philadelphia____________ __________
Cleveland__________________ ______
Richm ond______ __________________
Atlanta_______________ ____________
Chicago------------- ------------------------ -St. Louis______ ___________________
M in n e a p o lis ..___ __________________
Kansas C ity________________________
Dallas.. ________________ ______. . .
San Francisco________
. . . ________
Country banks:
Boston_______ _______ _____ __
New Y o r k ___ ______________________
Philadelphia________________________
Cleveland______________ ___________
R ichm ond____ _______________ . . .
Atlanta----------- ---------------- --------------Chicago______ __________________ .
St. Louis____________ _____________
M in n e a p o lis..______ ____ _____
Kansas C ity____ _ ________________
Dallas______________ ______ _____
San Francisco_____ ________ _______

1, 781, 310
12,037,147
1, 634, 627
1, 962, 835
1,120, 092
1,029, 781
44, 278, 545
1,069, 519
638, 718
1, 358, 352
1,116, 752
2, 279, 657

287, 260
952, 351
332,210
455, 740
305, 393
292, 295
4810, 726
268, 567
212, 533
482, 382
390, 909
478, 621

10, 687, 630
42, 389, 962

668,018 10, 019, 612
4282,166 2,107, 796

1,494, 050
11, 084, 796
1, 302, 417
1, 507, 095
814, 699
737, 486
3, 467, 819
800, 952
426,185
875, 970
725, 843
1, 801,036

660, 917
2, 267, 205
1,121, 761
1, 392, 445
538, 356
386,748
1,647, 425
407,190
360, 686
310,086
223,094
2,146, 402

989, 382
173, 005
1,051, 463
1, 418, 089
647, 417
608, 667
1,120, 924
734, 930
355, 692
930,055
632,177
1, 963, 621

97, 865
891, 517
104,037
38,037
134, 968
152, 728
177, 580
873,883
252,041
303, 952 1,114,137
737, 066
149, 492
497, 925
203, 780
154, 326
454, 341
173,182
292,142
828, 782
530, 634
574,321
160,609
173,135
107, 543
248, 149
89, 732
321, 982
608, 073
155, 583
216,145
416, 032
122, 974
379, 812 1, 583, 809 1, 881, 699

791, 928
1,176, 512
583,164
544, 746
472, 675
421,114
767, 659
334, 589
283,026
428, 297
484, 575
316, 036

189, 395
246, 296
154, 630
151, 788
155, 901
137, 969
236,418
107, 958
104,990
160,400
174, 764
98, 809

995, 554
287, 696
1,125, 924
1,851,203
701,705
627, 523
1, 359, 416
747,456
337, 881
763, 656
539,006
3, 465, 508

161,217
31, 256
165, 532
231, 827
97, 326
88,169
171,569
109,163
47, 913
114,192
78, 954
371, 251

270, 453
34, 594
216, 506
345, 946
141,148
99, 471
230, 219
163, 998
62, 724
159, 838
101,951
484, 436

109, 236
3, 338
50, 974
114,119
43,822
11,302
58, 650
54, 835
14,811
45, 646
22, 997
113,185

16.2
10.9
14.7
12. 5
13.9
14.1
12.6
14.6
14.2
15.0
14.6
10.7

27. 2
12.0
19.2
18.7
20.1
15.9
16.9
21.9
18.6
20.9
18.9
14.0

602, 533
556, 880 1,159, 413
930, 216 1, 391, 728 2, 321, 944
428, 534
869, 720 1, 298, 254
392, 958
655, 379 1, 048, 337
316, 774
334, 576
651, 350
283,145
213, 566
496, 711
531, 241
657, 308 1,188, 549
226, 631
234,055
460, 686
178,036
270, 954
448, 990
267, 897
154, 503
422, 400
309,811
100,120
409, 931
264, 703
217, 227
481, 930

100,148
181,212
94, 910
79, 924
54, 742
44, 656
96, 614
38, 899
34,912
39, 873
42,183
39, 302

143,600
275, 690
139, 573
123, 900
84, 726
60,727
160,193
58, 220
54, 069
63, 789
68, 656
-49, 309

43, 452
94, 478
44, 663
43, 976
29, 984
16, 071
63, 579
19, 321
19,157
23, 916
26, 473
10,007

8.6
7.8
7.3
7.6
8.4
9.0
8.1
8.4
7.8
9.4
10.3
8.2

12.4
11.9
10.8
11.8
13.0
12.2
13.5
12.6
12.0
15.1
16.7
10.2

i
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.
’ Reserves actually required are based on deposits at opening of business. The figures in this column, therefore, represent the reserves required
to be maintained on the business day following the call date. Pursuant to the provisions of law, the Board of Governors of the Federal Reserve
System prescribed the following requirements as to reserves to be maintained b y each member bank effective at the opening of business April 16,
1938: Tim e deposits— 5 percent for all member banks; Net demand deposits— 22% percent for Central Reserve city banks, Y iy^ percent for Reserve
city banks and 12 percent for Country banks.
s 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.
4
“ 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
SEPTEMBER 28, 1938
[In thousands of dollars]

Total, all
member
banks

Central resserve city
baiiks
New York

U. S. Government obligations, direct and/or fully guaranteed_____________________
Other bonds, stocks and securities__________________________ ______________________
Loans and discounts__________________ _____________________ ____________

Other re­
serve city
banks

Country
banks

Chicago

2, 747, 801
696,503
54,029

418, 932
100, 203
300

170,415
2, 591

1,380,199
278,886
24, 318

778, 255
314, 823
29, 411

________

3, 498, 333

519, 435

173, 006

1, 683, 403

1,122, 489

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____________________________________________________ ________

836, 739
1, 694, 461
560, 363
207, 737
12, 277
139,461
47, 295

193,188
74,086
115, 505
61,061
1,170
57, 580
16,845

62, 600
10, 923
81, 545
12, 956

406, 722
931, 732
206, 670
93, 396

4, 922
60

28, 860
16,023

174, 229
677, 720
156, 643
40, 324
11,107
48,099
14, 367

T otal pledged__________ __________________ ___________________




STATE MEMBER BANKS— CONDITION ON SEPTEMBER 28, 1938, BY FEDERAL RESERVE DISTRICTS
[Amounts in thousands of dollars]
Federal Reserve district
Total
Boston

ASSETS
Loans (including o v e r d r a f t s ) _________________________ _____ _______________________
United States Government direct obligations_________________________________________ ___
Securities fully guaranteed b y United States Government_______ ___________ ____________

New
York

Phila­
delphia

Cleve­
land

Rich­ Atlanta Chicago
mond

St.
Louis

Minne­ Kansas
City
apolis

2, 708
10,337
512
3
1,062
5

3,147
1,155
31, 694
2, 977
800
11, 940
36, 603
980
341
15, 527
119

159

640

76, 052 252, 942

58, 626 900, 038

20, 756 57, 533
13, 655 34, 219
3,185 12,183
13, 235 43,084
50, 831 147, 019

T otal assets------------------------ --------------------------------------- ---------------------------------------- 17,064,181 668,275 9, 642, 472 1, 014, 462 1, 611,296 565, 098 212, 723 1, 533, 391 528, 806

■Ranking hnnse, furniture, and fivt,liras
Cash in vault __________________________________________________

_ ...........
___________ __________

Demand balances with banks in New York C i t y . . _____ ______________ __ ______________
Demand balances with other domestic ban ks.._____ ____ ___________ _____ _____ ___ ___
Tim e balances with other domestic banks_____ __________________ __________________ ___
Cash items in process of collection_________________________________ _____ _____________ . .
Cash items not in process of collection_____ . . . ______________ . . . ________________________
Other assets

^

______ _____ ___ ___________________________________________

LIABILITIES
Demand deposits—Total__________________________________________ __________________ _ 11,235, 089
7,805, 814
Individuals, partnerships, and corporations ______ _ _. _____________ _____________
255, 301
United States Government____ ___ ___ ________________ _______ _________ __________
483,905
States, counties, and m unicipalities____
_________ _____________ _____________ ___
Banks in United States____________ _____________ __________ _______ ____ _____ _____ 2,188, 214
252, 354
Banks in foreign countries_____________ ___ ____ ______________________________________
249,501
Certified and officers’ checks, cash letters of credit and travelers’ checks, etc----------------3,487,
589
Tim e deposits—Total________________ _________ ____________ _______________________
Individuals, partnerships, and corporations:
2,825,
514
Evidenced b y savings pass books___
_____ _______________ ________________ ___
164,004
Certificates of deposit._____ __________ __________________ . . ________________ ___
293,925
Open accounts_____ _________________________ . . _____ _________________________
36, 277
Christmas savings and similar accounts_________ ________________________________
9,908
Postal savings
_
_
__ _ . . _ ______________ _________________ ________
123, 960
States, counties, and m unicipalities___ __
___________ _______ . . . ______ _________
32,
221
Banks in United States_____ __________________ _____________ ______ _______________
1,780
Banks in foreign countries
14,722,
678
Total d e p o sits _____________ ___________________ ________ ___________________ ________
16,047
Due to own foreign branches
296
Agreements to repurchase securities sold
3, 377
Bills payable and rediscounts
.
_________
. _ . _
__
20,057
Acceptances of other banks and bills sold with endorsement
53, 726
Acceptances executed for customers
5, 451
Acceptances executed b y other banks for reporting banks
1,167
Securities borrowed
35,827
Interest, taxes, and other expenses accrued and unpaid__ _________________________________
Dividends declared but not yet payable and amounts set aside for undeclared dividends
14, 789
and for accrued interest on capital notes and debentures_________________________________
79,063
Other liabilities. . _. _______________________ ______ _______ _______ __________________
48,144
Capital notes and debentures______ ___ _____ ______ _______ _______ __________________
812,196
Capital stock________________ ________________ ______________
______________________
921, 941
Surplus _ ___
...
________________________ . . . . ____________________
213, 410
Undivided profits—net . ____________________________________ _____________________ . . ..
111,321
Reserves for contingencies
_______ _ _ _________________________________________ ____ _
4, 691
Retirement fund for preferred stock and capital notes and debentures_____________________

2, 529, 934
2, 262, 652
426, 967
828, 348
6, 047,901
53, 608
182, 352
73,157
2, 523, 235
78,194
2,972
119,484
60, 282
482
36, 740
387, 996
491
19, 884
1,100
54, 594
2, 689

231, 801
175, 216
11, 203
73, 348
491,568
426
18, 340
8, 595
71,004
13,435
625
26,132
21,012
40
393
13, 889
79
48




1,550
280
6,914
1, 691

19,840
6,432
1,001
6, 749
34,022

367,582
309, 346
5,982
26,984
17, 393
415
7,462
201,520

7,140, 795
4,814, 991
164,182
181, 264
1, 537,813
245, 632
196,913
1,108,170

607, 625
490, 254
18, 333
23,917
69,066
52
6, 003
238,190

764, 788 351, 630 130, 670
607,868 209,135 78, 914
5, 784
15,960 6,183
50, 863 32,037 26,179
82,174 98, 933 18, 818
9
107
447
966
7, 476 5, 235
586, 759 145, 625 53, 885

854,317 336, 677
620,128 221, 395
15, 402 14, 241
82, 865 11, 689
121, 471 86, 684
531
51
13, 920
2, 617
543,127 133,001

38, 315 201, 708
27, 830 90, 201
2,154
139
6,481 16, 947
2, 687
90, 475
122
672
1,809
506
29, 250 29,142

41, 655 399, 327
33,066 302, 686
661 6, 280
5,176 19, 503
2, 349 60, 351
1 4, 315
402 6,192
9, 806 409,114

187, 654
6, 472
1,877
2, 337
672
1,998
510

801, 831
24,842
195, 822
15,409

166, 746
27, 523
25, 777
3, 672
1,178
12,913
381

484,070 129,071
25, 267 6, 932
40,012 2, 972
5, 544 2, 926
453
1,115
2,016
25, 714
5,037 1, 255

501,163 108, 084
23, 718 20,972
9, 477
282
2, 859
499
1,050
662
3, 736
2, 339
1,124
163

20, 539
7, 512
14
160
121
851
53

8, 032 355, 293
1,173 10, 301
114 17,183
47 1, 924
151
62
373 13, 245
5 10,017
1, 000
51, 461 808, 441

56, 722
12, 764
780
569,102 8,248,965
16,047
48
208
244
_ 2 ,981
649
1, 765
'39,'478
35, 703
8,924
9,123
50

2,015
19, 884
51, 311
5,115
1,100
12,179
10, 262
53,187
13,044
447, 362
591, 486
116,151
52, 886
1,478

39, 823
5,149
135
370
4, 067
3, 962
379

845, 815 1,351,547 497,255 184, 555 1, 397, 444 469,678
139
6
37
24

35
62
5
72
12

537
58
67

3,416

7,809

20
1, 350

1,308
140
3,675 1,249
22,321 2, 706
71,811 29,851
119, 779 19, 936
16, 737 8,804
15,644 2, 771
354
479

1,153
4, 683
59, 291
908
14, 657
7,163
170

77,

9, 797, 645 307,013 6, 573,033
7, 971, 996 329,903 4, 805,172
42
1,102
173

491, 300
501, 600
66

67, 565 230, 850
261
30

113

1,359

105

316

36
87

336
3, 056
2, 482
31, 290
10, 550
7, 867
1,400
680

2
19
271
4, 733
1,776
1,163
400
13

62
76
46
10, 379
5, 397
4,060
1, 418
47

5
449
17 7 ,132
306
957
3, 696 44,103
1,947 19, 008
869 12, 325
74 2, 496
15
73

76, 052 252, 942

58, 626 900, 038

24, 208 137, 638
33, 755 93, 430
68
70

25, 912 307, 626
38, 053 308, 860
59
69

109

20

177
3

88

388

177
1
11
2, 595

101
321
542
14, 840
7, 946
2, 604
941
73

322
3, 883
5, 469
55,362
30,505
19,249
17,005
1,259

619, 226 261, 270 97, 264
632, 616 224, 552 101, 502
113
67
51

23, 208
4,143
260
530
377
91
533

5

232

Total liabilities (including capital accou n t)________________________________ . 17,064,181 668,275 9, 642, 472 1, 014, 462 1, 611,296 565, 098 212, 723 1, 533,391 528, 806
Net demand deposits (see page 10)
________________ ________________ _________________
Demand deposits—adjusted______ ______ _______________________________ ______ ________
Number of banks
__ _______________________________________________ ____ _____ _______

San
Fran­
cisco

319,856
184, 511
15, 363
123, 688
643, 418
1,432
1,034 19, 294
365 9, 950
5,470 115,167
1, 706 9,611
32 2, 388
1,417 28,863
13, 735 43, 814
73 1,995
942
591 19, 521
346
11
56
36
134 3, 241

258, 462 494,070 171, 582 70, 706 340, 570 142, 336
171,027 371, 566 114, 443 34,823 343,811 105, 955
61, 703 24, 272
5, 323
58,494
86,975 25,013
198,038 182,431 58, 353 23, 933 286,123 75,317
686,021 1,135,042 369,391 134, 785 1, 032,207 347, 880
174
85
67
64
86
88
18, 514
4, 915
8, 440
23, 523
37,977 19, 882
7,041
3,113
7, 233
27, 455 6, 229
38, 710
120, 268 218,959 63, 273 21, 993 273,069 75, 847
3, 574
32,968
6, 524
14, 468
30,409 12, 277
50
1, 531
2, 294
131
205
2, 549
9, 865
40,237 27, 000
52,864 30, 576
49,095
86, 391 37, 837
59,174 38, 280 18, 984
48, 669
1,462
412
611
284
2, 963
5, 566
5
405
45
423
17
59
34, 234 15, 827
4, 557
18, 574
33, 591 21,855
212
40
214
439
78
127
58
6
5
11
20
9,206
5, 875
1,382
7,012 2, 552
9, 366

4 657, 446
3 818,310
731, 682
1,912, 647
11 120,085
56,030
338, 968
183, 283
3, 526, 893
?07, 834
13, 577
400,181
475,118
15, 380
39, 373
567, 224
2,161
20,057
1,167
96, 850

Dallas

697,142 256, 013
682, 679 219, 874
248
76

115
56
1, 589
52
3, 242

ALL MEMBER BANKS— CONDITION ON SEPTEMBER 28, 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

BO STO N

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 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 otal assets..

Coun­
try
banks

District No. 2

NEW
YORK2

Buf­
falo

410,407 528, 555 3,156,
243, 888 342, 423 3,161,
42, 745
18, 823
835,
79, 320 224,129 1, 228,
752, 438 ,137,852 8,382,
6, 737
273
86,
24, 646
43, 385
223,
4, 384
13, 729
31,
270, 453 143, 600 3, 747,
112, 717
41, 347
70,
1,905
2,
368
44, 701
78, 727
47,
16,150
44,
76, 375
184
174
2,409
756
56,
1,261
34, 336
37, 478
579, 690
464
6
350
815
25, 914
1,100
3, 649
61,210
4, 467

District No. 3

Coun­
try
banks

899, 841
628, 308
128, 695
542, 510
,199,354
643
82, 510
61,845
275, 690
59, 626
1,109
163,307
40, 735
2,103
895

PHILA­
DEL­
PHIA

Coun­
try
banks

District No. 4
CLEVE­ Cin­
cin­
LAND
nati

359, 714 548,189
317,188 286,517
83, 512
66, 411
259, 664 411,837
020, 078 , 312, 954
5, f “
38
23,154
60,110
32, 373
43, 351
216, 506 139, 573
16, 244
37, 991
2, 977
739
62, 845
69, 684
64, 555
69, 496
6, 317
3, 574
1, 370
5

9, 049
41

42, 758
311
58

50,184
139

1,600

14,900

14, 843

Total liabilities (including capital account)_____________

231, 326
474, 593
10, 224
138, 764
854, 907
73
24, 785
6,131
127, 269
8, 882
3,139
54, 949
32, 407
103

32, 447
27,118
1,840
30,194
91, 599
19
4, 969
556
22,062
4, 604
475
13,115
23, 553

16, 391 20, 610 15, 272
222

23, 927
241

7, 442
15

4, 484

201

3
5,013

303

3, 641

1,279,933 1,575, 787 13,360, 685 336,192 2, 945, 844 1, 517, 547 1, 759,144 700,8

1,279, 933 1, 575, 787 13,360, 685 336,192 2, 945, 844 1, 517, 547 1, 759,144
891,517
731, 301
11

602, 533 10,036, 866 117, 714 930, 216
692, 836 7, 044,!
115, 678 1, 056, 854
346
42
5
727


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.

873, 883
667, 512
24

Co­
lum­ Toledo
bus

121, 208
92, 782
7, 826
41,000
262, 816
401
13, 757
4,717
39,134
7,015
258
17, 499
17, 269
200

1,074

C oun­
try
banks

24,667 422, 390
22, 949 238, 912
19, 659
62, 387
5, 490 281, 039
72,765 1, 004, 728
27
"2~287
44, 230
1,504
13, 946
31, 293 123, 900
4, 471
39, 580
5, 5l§ " _37,"088
6, 861 102, 048
13,160
52

725

12, 968
407
5
150
2, 899

379, 582 1,141,385 168, 913 128,325 1, 395,188

LIABILITIES
Demand deposits—T o t a l ______________________ _______________________________________
791, 928 10, 708, 645
1, 051,
209,143
583,164 374,1
Individuals, partnerships, and corporations___________________________________________
633, 372 7,146, 284
679, 040 476, 764 281, 499 142, 552
United States Government____________________________________ ______________________
181,872
37, 233
11,'
18, 377 3, 668 7, 903
States, counties, and municipalities___________________________________________________
197.196
33, 766
75, 523
69, 389 26,161 12, 610
Banks in United States_______________________________________________________________
53, 351 2,498,109
289,150
7, 405 59, 663 43, 651
Banks in foreign countries____________________________________________________________
404, 666
336
7, 384
86
937
Certified and officers’ checks, cash letters of credit and travelers’ checks, e t c ._________
18, 277
280, 518
4, 890
11, 229 2, 955 2, 341
Tim e deposits—Total__________________________________________________________________
734,559
556,880
252, 041 869, 720 252, 062 122,064
Individuals, partnerships, and corporations:
Evidenced by savings pass books_________________________________________________
514, 535
412,
117, 649 734, 461 232,468 107, 936
Certificates of deposit____________________________________________________________
17, 238
29,
26, 944
63, 734 5, 302 6. 651
Open accounts___________________________________________________________________
214,
7,189
72, 205
14, 060 8,155 3; 103
Christmas savings and similar accounts__________________________ ________________
7, 799
7,
5, 426
13, 852 1, 228 1,235
Postal savings________________________________________________________________________
3, 066
1, 683
5
11, 287
States, counties, and municipalities____________________ ______________________________
10,091
5, 670
17, 814
945
31, 272 4, 050
Banks in United States_______________________________________________________________
7, 903
528
1,383
10, 320
1,054
859 2,
Banks in foreign countries____________________________________________________________
450
5,
T otal deposits__________________________________________________________________________ 1, 093, 419 1,348, 808 , 443,
292, 908 2, 568,240 1, 303, 504 1, 452, 884 626,945 331,207
Due to own foreign branches_____________________________________________________________
117,
Agreements to repurchase securities sold__________________________________________________
500
35
Bills payable and rediscounts_____________________________________________________________
594
3, 640
1,496
Acceptances of other banks and bills sold with endorsement______________________________
815
48
58
96
Acceptances executed for customers_______________________________________________________
6,021
483
278
5, 214
30
399
Acceptances executed b y other banks for reporting banks_________________________________
184
1, 358
23
1, 280
2
5
Securities borrowed______________________________________________________________________
3
Interest, taxes, and other expenses accrued and unpaid___________________________________
2,694
5,499
4, 763
2, 471
1, 504
Dividends declared but not yet payable and amounts set aside for undeclared dividends
and for accrued interest on capital notes and debentures________________________________
1,573
219
910
13, 397
2,
603
527
Other liabilities__________________________________________________________________________
3, 320
223
2, 920
56, 572
10,588
3, 643
4, 671 1,720
64
Capital notes and debentures_____________________________________________________________
556 2,500
9,988
13, 937 3, 450
Capital stock______________________________________________________________ ______________
57,203 103,651
565,045 15, 700 200,334
67,140 125, 022 39,140 21, 650
Surplus..
81, 634
71, 635
803, 707 16,232
91,857
89, 719 125,181 10, 343 14, 040
Undivided profits—net_______________________________________________
19,614
29, 740
39, 255
158, 685 3, 222
26, 963
36, 437 3,155 4, 447
Reserves for contingencies____________________________________________
12, 282
65, 716 4, 445
11,301
11,719
12, 726
8, 686 2, 266 1,935
Retirement fund for preferred stock and capital notes and debentures..
11
616
3,101
158
1,655
322
477

Net demand deposits (see page 10)____________________________________
Demand deposits—adjusted___________________ ______ _______________
Number of banks_____________________________________________________

Pitts­
burgh

642, 690 115, 503 75,870
442, 915 63, 783 62, 705
16,419
30
929
14, 729 24, 415 3, 392
164, 672 23, 714 7, 360
161
35
3, 794 3, 526 1,484
287,221 36, 332 39, 387

544, 746
446, 990
6, 257
74, 509
9, 732
1
7, 257
655, 379

145, 686 26, 774 33, 46:
12,008 3, 091 3,213
65,, 847
70
_ .
711
89
546 1,420
90
29, 887
64'
2, 375
31, 448 3, 68!
83

560, 035
46, 599
6, 420
7, 577
6, 569
27, 488

1

929, 911 151, £

115,257 1, 200,125

19
6,064

"309

532

1,356
1,921

149
24

49
187
372
6, 822
3, 344
941
821

36, 642 ~9,~300
124, 688 5, 082
16, 802 1,639
23, 870
556

1,027
5
15
19
150
2, 541
301
660
4, 562
93, 625
59, 620
25, 435
6,012
1, 091

379, 582 1,141, 385 168, 913 128,325 1, 395,188

428, 534 291, 560 159, 103
540, 991 290, 005 142, 231
632
4
10

531, 407 71, 393 60,674
437,511 84, 282 64, 723
12
4
5

392, 958
515, 788
589

Al l. MEMBER BANKS— CONDITION ON SEPTEMBER 28, 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. 6

District No. 5

RICH­
MOND

ASSETS
Loans (including overdrafts)---------------------------------------------------------------United States Government direct obligations--------------------------------------Securities fully guaranteed b y United States G overnm 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 C ity---------- ---------------------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______________________________________________ ___________

170,201

Total assets .
LIABILITIES
Demand deposits—T otal----------------------------------------------------------------- ---------- ---------- ---------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--------------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__________________________________________________ ____________
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 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____________________________________________________________________________
SurplusUndivided profits—net_______________________________________________
Reserves for contingencies____________________________________________
Retirement fund for preferred stock and capital notes and debentures..
Total liabilities (including capital account) .
Net demand deposits (see page 10).
Demand deposits—adjusted---------Number of banks__________________
i Outlying banks in above



50,127
35, 859
5, 865
16, 719
108,570
1
2, 712
470
21,017
1,613
577
11,197
10,765
1,100
1
11, 577
10

Balti­
more

56,085
157, 533
3,606
20,146
237,370
199
7,072
574
54, 299
6, 547

Char­
lotte

22, 613
12, 718
6,175
10, 380
51,886

20, 525
11, 524

1,319
126
10, 459
635
14
9, 600
7,719

19
13, 485
188

7, 722
10

Wash­
ington

77, 488
85, 348
20,138
19, 238
202,212
16
14, 743
4,179
55, 373
10, 469
100
22, 245
16, 549
45
15
6, 584
34

37^715
98,443
3,953

Bir­
m ing­
ham

Jack­
son­
ville

63,786
32, 395
10,032
14,070
120,283

32, 624
12, 688
5,119
12, 517
62,948

21,936
20,161
8, 672
9, 940
60, 709

4, 529
820
21, 422
1, 752
168
8,077
11,028

1,858
4, 539
10,444
1, 372

3, 610
315
10, 541
V
10
5, 719
10, 879
1,425
11
4, 263

~_3~232
6,845
3, 769
5

Nash­
ville

New
Orleans

54,015
7, 288
1,463
13, 951
76, 717
235
2, 753
1,499
10, 699
1, 471
450
6, 611
13, 399
30
4, 209

69, 788
73, 676
13, 553
26, 291
183, 308
4,!
990
34,024
2, 614
667
13,165
14, 319
113
15,440

Savan­
nah

48, 807
3, 595
601
7,056
60, 059
89
4, 862
489
12, 341
1, 991
308
9, 355
9,164
5
5, 964
7

1,234

420

353, 036

89, 948

927,158

177, 857

95,877

99, 097

118, 663

279,503

253, 093
145,107
18, 496
17, 428
70, 40’
152
1,503
68,159

72,627
21, 836
•592
7,095
42,820

472, 675
337, 409
5, 579
60, 989
58, 773
1
9,924
334, 576

130,012
73,102
8, 240
9, 306
38, 512
15
837
27,199

61,027
41, 802
1,863
2, 568
14, 520

72, 064
31, 373
5,716
14, 884
19,634

204,205
88, 670
13, 782
30,002
69, 638
837
1,276
52, 747

70,377
43, 610
2, 268
3,047
21, 224

274
19,190

70,982
33,152
3, 327
6, 815
27, 229
19
440
17, 818

54,081
4,125
4,
1,014
1
632
3, 346
321,252

5,185
3,124

22, 749
3,014
1,045
330
25
36

315
293, 439

293,449
20, 332
2, 744
3,857
2,
9,171
2,115
807,251

18. 974
125
29
25
20
10
7
80,217

15, 993
33
70
276
5
671
770
88, 800

37,069
1,881
716
738
3, 627
8, 566
150
256,952

20, 458
1, 633
372
408
178
82
269
93,777

691

1,044
51
75
17
20
1, 529

213
303
500
16, 382
12, 698
7, 966
1,090
63

1, 408
386
60, 735
33,811
15, 580
4, 268
935

8, 875
6,045
2,442
2,099
100

12, 762
1, 063
825
557

333, 361

927,158

177,857

156, 406
164, 790
13

316, 774
387, 846
371

102,019
74, 357
3

284
9, 738

144
1
250
1,034
82,365

394

7, 750
4,
1, 649
842

351, 595
132, 682
33,834
98, 758
616,869
92
24, 334
10,177
84, 726
26, 976

AT­
LANTA

20,476
312
51
20
3,014

201, 784
169,152
1,429
9Q

28,664
317
2,193
91, 655
81, 983
3, 059
3,454
2, 544

118
81

236
284

Coun­
try
banks

146
170
1,820
13,150
9,133
5, 067
1, 718
33

170,201

353, 036

86, 374
65, 500

207, 559
150, 553
11

36
175
2, 440
2, 320
1, 358
1,157

47, 586
21, 493

cities which have been authorized to carry country-bank reserves are included with country banks.

73
~9~445

234

157,211

457
32, 828

104,8

228
23, 400

230, 986
106, 340
34, 524
102, 834
474, 684
250
19,097
6, 639
60, 727
21, 570
109
31, 300
97, 776
4,014
289
8, 937
188
18
50
2, 337
727,3
421,114
287, 344
14, 337
62, 523
52, 883
453
3, 574
213,566

335

132

166, 964
25, 329
1,762
2, 462
7, 444
6, 433
3,172
634, 680
535
753
18
255
1
50
912

46
355

233

6,000
2, 325
1, ~~~
670

8, 800
2, 650
1,121
217

10, 350
6,050
3, 647
351
567

2
526
449
6,050
2, 611
1,037
205
7

202
725
QQ
48,189
26, 516
12,074
2, 534
448

95, 877

99, 097

118, 663

279, 503

104, 886

47,181
40, 875

50,121
36,144

47, 845
42, 505

161, 281
104, 508
4

45, 894
40, 921
4

24, 325
3,174
380
14
2, 953
1,
104, 892

73
746
708
212
165

Coun­
try
banks

257

727,3
283,145
344, 504
299

ALL MEMBER BANKS— CONDITION ON SEPTEMBER 28, 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. 8
(see also page 15)

District No. 7
CHI­
CAGO 2
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 ity_________
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___________________________ I
Cash items not in process of collection_______________________ ” _” ” ”
Acceptances of other banks and bills sold with endorsement._________
Securities borrowed__________________________________ ________________
Other assets_________________________________________
Total assets..
L IA B IL IT IE S
D e m a n d d e p osits— Total________________________________________________________
Individuals, partnerships, and corporations_______________
United States G overn m en t..._______ _________________ ___________________________ " . " . . " ' I '
States, counties, and municipalities________________________ ” ” ” " ” ”
I
Banks in United States_______ ______ __________________
Banks in foreign countries__________________________________ I . I . ” ” ” ” ” ” ” ” ” ” ” ”
Certified and officers’ checks, cash letters of credit and travelers’ checks, etc___________
T im e d e p o sits— Total________________________________________________________________________
Individuals, partnerships, and corporations:
Evidenced by savings pass books________________________ ________________________
Certificates of deposit______________________________ _________________________ ” _”
Open accounts___________________ _____ _____ _________ ZZZZ.ZZZZZZZZZZZZZZZZZZZZZZZZZ!
Christmas savings and similar accounts_____________________
Postal savings________________________________________________________ " " ” ” ” " " " ” ” 11” "
States, counties, and municipalities_________________________________” " ”
"”
Banks in United States_______________________________________ I . ” ” ” ” ” " ” ” ” ” ” . ” '
T o ta l d e p o s it s ________________________________________________________________
Bills payable and rediscounts_________________ Z_Z_Z__ZIZZ___ZrZZ.~-ZZIZ.~_".'
Acceptances of other banks and bills sold with endorsement_________________
Acceptances executed for customers____ _____ ___________________
Acceptances executed by other banks for reporting banks___
"
Securities borrowed_______________________________________ _____ _______ ______ _________
Interest, taxes, and other expenses accrued and unpaid_________ I ” ” ” ” " ” . ” ” ” ” ” ” ”
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__________________________________________ I
Undivided profits— n e t.._____ _______________ZZZZZZ.ZZZZZZZZZZZZ.Z
Reserves for contingencies___________________________________
Retirement fund for preferred stock and capital notesand "debentures” . ” ” ” ”

Total liabilities (including capital account) _
Net demand deposits (see p. 10) .
Demand deposits—a d justed____
Num ber of banks_______________

De­
troit

Cedar
Des
Rapids Moines

582,031 142,190
985, 616 216, 610
137, 629 78, 835
353,857 49, 808
2, 059,133 487, 443
3,039
6
23, 712
3, 747
7, 392
1,479
888, 808 89, 933
40, 976 14, 377
11,464
501
155,186 70, 275
67,186 25, 804
1,220
750
2,169
575
108,966 25, 052
42
69
26

D u­
buque

Peoria

Sioux
City

Country
ST.
banks
LOUIS

Little
Rock

7, 255
2,509
1,885
8, 563
20,212

26, 648
17, 468
5, 890
8, 860
58, 866

424
5,080
1,055
1,064
7, 623

1,150
3, 033
438

2, 125
45
10, 728
1,807

54
25
1,189
166

1,008
3, 426

1,302
9, 458

161
470

1,999
33

3, 383
20
17

533
12

253

7

2,101

113

1, 908

161

3,388,379 722,349

31,299

88, 004

10,240

66,497 228,397 314,316

54, 970

25, 825 1, 592,228 656,576

42, 575

2 , 527,382

458, 594
1, 583,484 314, 857
63, 660 15, 872
204, 636 49, 385
636,850 72,056
10, 268
816
28, 484
5, 608
567,358 211, 304

22,292
8, 983
24
1,118
12,092

68,942
30, 873
2,106
15, 921
19, 369

4,105
3, 387
20
383
258

30, 650
21, 777
732
2, 795
4, 506

19,132
9,156
150
2, 444
7, 152

673
10, 746

57
5,319

840
17, 500

230
4,259

492, 760
300, 918
12, 235
9, 382
167, 698
250
2, 277
106,201

32, 704
15,142
182
6,015
10, 740

75
6, 679

30,917 154, 659 195,182
18, 993 78,249 118,172
368 11,088
6, 908
6, 671 28,112 18, 851
4, 372 34, 893 48, 740
62
131
513
2, 255
2, 380
28,893 51,144 86, 915

492,215 206, 325
15,805
2,178
32,632
1,685
134
1, 735
5
24,936
237
30
745
3,094, 740 669, 898

6, 333
346

10,103
168
400
64
11

4, 657
593

27, 299
1,182

15, 330
1,087

3, 797
433

6, 331
152

69

226
5
43
138
59, 810

560, 646 94,736
70, 872
5, 098
1,179
1,057
ooo
23
7,203
Z oo
6
3, 243
22
13,173
992
5,000
23, 391 1, 424, 967 598, 961
169
26
25
344

19,060

2, 338

28, 971

79, 688

26
2,514
773

6

9,810

967

110

840
4,212
635
135,620
72,081
29,901
37,007
220

144
904
200
27, 460
13, 250
7,312
2, 077
131

16
144

9,424

14, 268 31, 288 60, 358
18, 481 84, 644 116, 638
6, 875
5,124
4, 755
9, 462 27, 875 31, 597
49, 086 148,931 213,348
1
30
1,573
5,006
4, 298
579
672
1,112
7, 248 25, 581 46, 207
1,492
5,132
5, 255
267
1,287 15, 782
9,191
2, 880 18,634 19,078
5
1,200
755
68
195
27
2,209
7, 479 11,856
1
194
39
1
12
69

17

329

35, 307 81,496
8, 872
2, 335
28
874
416
881
155
4
18
6, 362
1,311
205,803 282, 097
1

16

8,617
11,117
4, 739
5, 449
29,922
2,188
227
10, 684
1, 231
151
3, 879
4, 781
317
1,465
12

320
763
48,150

8, 792
405, 292
3, 404
314, 843
2, 346
96, 865
1,894
283, 993
16, 436 1,100, 993
25
481
37,065
4
6,434
2, 673
160,193
620
44, 386
5
285
38, 808
4,130
179, 321
50
2, 236
288
1, 089
18, 372
3
400
26
11
54
3, 665

1

12
15
15

5

321

863

50

38

4
4

104
20
830
8, 525
7, 670
3, 720
1,390
12

148
806
1,470
17, 300
4,415
5, 240
1,712
223

33
16

g
23

3, 260
2,170
737
554

1, 250
831
193
65
26

767, 659
577, 326
8, 624
145, 930
25, 995
10
9, 774
657,308

11
2, 339
151
1,423
2, 334
88,130
37, 392
23, 944
9,415
1,902

150, 631
159, 951
40, 325
70, 379
421,286
333
5, 299
4,919
124, 864
5, 550
348
41, 922
25, 314
64
24, 573
196

14, 725
3, 467
2, 933
4,311
25, 436
763
89
6, 681
490
751
5, 349
160
2, 660
35

625
6, 630

97
10
40
39, 334

1, 553

47

505
261

15
59

31, 600
11,135
10, 539
1, 678

1,654
852
356
169
89

500
1,500
128
200

5,000
1, 298
1,086
352
293

300
300
116
84

3,388,379 722, 349

31, 299

88, 004

10,240

66, 497 228, 397 314,316

54, 970

25,825 1, 592,228 656,576

42,575

2,196, 570 339, 894
1, 707,638 344, 798
45
5

15, 859
8,177
1

54, 799
44,084
3

2,941
3, 294
1

24, 541 112, 764 155,057
23, 968 101,137 127, 547
3
4
5

20, 525
23, 947
3

13, 628
10, 741
4

23, 944
19,122
4

1 Outlying banks in above cities which have been authorized to carry country-bank reserves are included with countrv banks
2 Includes both central reserve city and reserve city banks.




Grand Indian­ M il­
Rapids apolis waukee

3, 770
2, 230
594
80

531, 241 400, 951
714, 658 288, 004
707
11

ALL MEMBER BANKS— CONDITION ON SEPTEMBER 28, 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—C ont’d
L o u ­ M e m ­ Coun­ MIN­
NEAP­
try
is­
p his banks OLIS
ville

District No. 10 (see also p. 16)

District No. 9

H el­
en a

St.
Paul

Coun­ K A N ­ D e n ­ O k la ­ O m a ­ Kansas
City,
try
SAS
ha
ver h o m a
banks C IT Y
Kans.
C ity

Lin­
coln

Pueblo

ASSETS
Loans (including o v e r d r a fts )..__ __ _ ____ ___________ _____________________ . . . ____________
United States Government direct obligations____________________________ . ______________________
Securities fully guaranteed b y United States G ov ern m en t________________________________________
Other securities._______ . . . _________________________ ____ _______________________ _______________

57, 475
25, 838
6, 964
11, 034
101, 311

Banking house, furniture, and fixtures_____________ _ ______ . __________________________________
Other real estate owned___ __ _____________________ ______ _______________________________________
Reserve with Federal Reserve banks_________ ______________________________________ . . . . . . . . . .
Cash in vault__________ ______________ __________ ______ ___________ __ __________________________

2, 026
3,065
17, 371
2, 510
325
8, 245
14, 558
6

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. .
Other assets____
. _
T o ta l a s s e t s ________________________________________ ___ ______ __ _

_______ ___________

9, 902
12
612

58,030 199,121 77,129 2,066 56, 775 158, 594 84, 627 41, 552
15,169 101,101 88, 200 4, 923 42, 570 130, 265 68, 652 44. 903
9,219 31, 251 4, 994
983 2, 991 25, 467 16,115 4,363
13, 572 109, 962 18, 297 1,781 8,155 111, 760 50, 089 17, 210
95,990 441, 435 188, 620 9, 753 110, 491 426, 086 219, 483 108, 028
4
11
290
7
372 4, 668 14, 787 3, 229 1, 428
4, 261 14, 547 4, 259
184
8 1,906
494
841
100 4, 775
12
15,082 58, 220 33, 683 2,168 26, 873 54, 069 47, 348 31, 996
13,
992
2, 922 3, 625
86 1, 512
1, 872 16, 043 2, 824
362
181 1, 200
1,206
36
6,151 15, 547 31, 329 """"395 "16," 280 16, 914 34,128 18, 492
13, 421 83, 249 25, 540 2, 373 12, 645 82, 223 64, 640 23, 414
4, 2861 3, 095 1, 050
683
60
24
32
672
69
258
389
40
862 7, 445 6, 833 26, 689 10,138
7, 763 9, 213 16, 674
47
136
137
110
8
125
187
748
614 2, 293
576
319 1,126 2, 213
67

26,101
11, 756
6, 555
17,180
61,592
67
1, 274
1
23,138
712
104
4, 425
19, 790
6, 221
35
132

30, 931 4,898 8, 262
26,171 3, 706 15, 952
784
3, 538 1, 232
18,050 1,614 1, 779
78, 690 11, 450 26, 777

613
6, 284
522
742
8,161

3, 430
146
18, 370
1, 420

641
69
1, 738
217

816
12
5, 637
716

196
74
1, 712
340

3, 930
9, 238

293
2,126

1, 884
5, 044

2. 127
5, 341
2, 250

9,090
366
440

360

1, 804

2

61

159, 943 145,167 645, 068 307, 941 16,148 174, 617 623, 964 404, 650 199, 536 117, 491 125,120 16, 896 42, 751 20, 201

L IA B IL IT IE S
D e m a n d d e p o sits —T o t a l____ _ _ _______ _______ . _ _ .
. _
_ _ . . . ______________
Individuals, partnerships, and corporations__________ . . . . . . . ___________________ ________
United States G ov ern m en t____ _________________________________ _ __________________ _____
States, counties, and municipalities________ ________________________________________ . . . ____
Banks in United States __ _______________
_________________ _____________ _____
_____ _
Banks in foreign co u n trie s __________ _____________________________________________ . ______ _
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 m unicipalities.________ ______________________ __________ ____________ .
Banks in United States _______________ ___________________________________ . . . . . . _______
T o ta l d e p o s its _____ _ ____ _. _______________ ________ ___ ____________________ __________
Bills payable and rediscounts
Acceptances executed for customers
Acceptances executed b y other banks for reporting banks
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 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

225, 531 12, 049 118,112 283, 026 347,184 133, 493
120,187 6, 784 59, 205 208,187 147,033 87, 950
264
400
16 1, 044 1, 507 7, 624
27, 069 2,192 22, 537 43,139 14, 687 7,154
73, 216 2, 950 33, 970 24, 153 175, 391 36, 501
40
126
551
149
760
921 3, 032 4, 244
107 1,207 5, 280 2, 323 1,448
1, 211
28, 604 31, 700 234, 055 52, 075 2, 577 35, 080 270, 954 29,178 46, 756

111, 490
62, 826
3, 458
3, 629
40, 366

97, 976
49, 088
1,170
14, 506
32, 291

334, 589
235, 954
6,011
45, 360
44, 232

85,948 100, 702 11,100 34, 786 13, 327
42, 950 54, 538 3, 644 16, 419 8, 989
637
19
578
271 1, 504
10, 793 7, 475 2, 756 5, 737 1, 037
30, 620 36, 261 3, 944 11, 639 3, 213
2
354
69
1,314
922
178
18, 597 13, 447 4,284 4,629 4,924

25, 075 27, 969 149, 959 47,198 2, 354 33, 238 200, 008 24, 384 42, 797 14, 416 12, 468 3, 802 4,139 4, 382
12
221 1, 145
139
571
290
173 1, 750 60, 991 2, 704
1, 488 1, 290 67, 206 1, 372
11
750
621 1,115
30
775
51
11
105
342
88
391
52
589 1,079
1, 175
338 1,164 1,184
24
669
9
21
6
5
22
15
41 2, 468
5 3, 787
5
1
10
28
946
6
5,416
50
1,177 1, 852 9, 208
118
520
275
330 2, 580 1, 252
246 1, 956 2, 300
15
85
140, 094 129, 676 568, 644 277, 606 14, 626 153,192 553, 980 376, 362 180,249 104, 545 I ii,i4 9 15, 384 39, 4l5 18, 251
105
571
4
7
11
290
67
222
28
59
220
30
666
213
699 1, 455
745 1,161
43
481
314
25
2, 838

200
294

7, 530:
6, 455
2,033
84
403

5, 500
5, 250
3, 265
661

7;
156
770 2, 053
2, 482
39, 664 13, 876
18, 372; 10, 006
10, 891 2,169
773
2, 039
723

10
1, 050
253
166

83
3, 215
8,153
6, 250
1, 957
980
84

10
68
174
751
271
39, 784 12, 875
16, 803 7,419
8, 699 6, 234
1, 711 1, 303
2
395

136
164

336

6,210
6, 482
4,150
1,455
24

7,350
2,160
2, 612
199

61
130
6,150
3, 268
370 .
772

6
17

38
41

942
358
101

1, 690
699
292
498
50

58

1
500
1, 000
159
231

Total liabilities (including capital account)-------------------- -------------------- ---------------------- 159, 943 145,167 645, 068 307, 941 16,148 174, 617 623, 964 404, 650 199,536 117, 491 125,120 16, 896 42, 751 20,201
Net demand deposits (see p. 10)
Demand deposits— adjusted _
Number of banks _

______________ _________ _ _____ _____________ __________
___
_ _____ ____ _______________________________________
_____ ___________ _ _______ _______ ________________

78, 785 70, 641 226, 631 151, 988
57, 764 56, 752 275, 133 134, 826
4
3
366
6

i Outlying banks in above cities which have been authorized to carry country-bank reserves are included with country banks.




8,419 87, 742 178, 036 221, 727 81, 449 55, 512 78, 444
8, 221 75, 504 249, 773 137, 354 86, 414 48, 836 53, 845
9
7
5
6
2
3
458

8, 321 26, 054 5, 859
6, 218 20, 706 10, 095
1
2
3

ALL MEMBER BANKS— CONDITION ON SEPTEMBER 28, 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

ASSETS
Loans (including overdrafts)________ ___________ _____________ ___________ - __ __
United States Government direct ob lig a tion s____ _ __________________ _______ ______
Securities fully guaranteed b y United States Government___________ _______ . . ___ __
_
Other securities___ . ________ __ . ___________ :________ ________ . - _____________
Customers’ liability on account of acceptances_____________
Banking h^USA, furniture, and fixtures

___ ___________________ . .
_ _ _ _ _ _

Balances with private banks and American branches of foreign banks_________. . .

T o­
peka

Coun­
try
banks

4, 458
6,613
1,999
3,862
16,932

36, 943
17,841
8, 234
11,736
71, 754

9, 789 201, 416
17, 625 89, 578
3, 237 29, 625
4, 240 82, 898
34, 891 403, 517

314
77
3,096
554

679
53
4, 377
438

1,174
5, 224
40

916
5, 485
42

4, 541
69
14, 208
1, 663
300
13,078
27’ 974
800

505

1,372
1

2, 291
15

1,246 13, 821
1,557
8,218 63, 789
833 14, 783
27
200
2, 480 15, 261
11,015 140, 701
4, 088
31
4, 473
1,294
238
14

84

269

44
29, 624

30, 379 139, 962

LIABILITIES
Demand deposits—Total_____ _________ _________ _____ ______ ______________________ _ 19,533 25,261 107,563
Individuals, partnerships, and corporations________________________________ ___________
9, 398 12, 976 66,123
United States G ov ern m en t___ ___________ ________________________ __________________
116
459
7,109
5. 741
States, counties, and municipalities_______ ________________ __________________________
1,160
9,194
Banks in United States_______ ______________ __________ ___ ________ __________ ______
5, 928 24,167
8, 729
Banks in foreign countries_________________________ ___________ ___ __ _ ---------------Certified and officers’ checks, cash letters of credit and travelers’ checks, etc. _____ __
130
157
973
2, 416 20,187
Tim e deposits—Total
_____ _________ ______ _____
7, 456
Individuals, partnerships, and corporations:
Evidenced b v savings pass book s._ ___________ ________ ______________________ __
6,813
1,950 11,078
481
403
1,344
Certificates of d e p o sit__
______ ____________ ________________________________
5
Open accounts______ ______ ____________ ____ _______ _________ ________ _____
2,415
Christmas savings and similar accounts______________________ _____________ ______
109
41
12
53
10
Postal sa v in gs______________________ _______________________________________________
States, counties, and municipalities_________________________ _________ _____________
3, 363
5
Banks in United States_________________________ _____ _____ ________ ________ _ _____
1,977
Total deposits
_ _ _ _ _ _____________ __________ _________________
26, 989 27, 677 127, 753
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.._______
__ __________ _________
13
23
342
Dividends declared but not yet payable and amounts set aside for undeclared dividends
5
22
10
and for accrued interest on capital notes and debentures________________________________
8
36
175
____________________________ __________ ______
Capital notes and debentures.. ___________ ______ _____________ ____ _____________ ______
1,300
1,400
6, 395
Capital stock
______________________ ________________________________________________
562
971
4, 275
Surplus
. . _____________ __________________________ _________ ____________
265
523
430
__________________________________________ _______________________
Undivided profits—net
66
136
582
Reserves for contingencies_____________ _______________________ ______________ _______
Retirement fund for preferred stock and capital notes and debentures_____________________
7

95, 721
43, 417
9,149
10.767
159,054
640
6, 613
1, 773
31,852
1,777
779
25, 262
37,184
1,000
10
10,893
31

El Paso

Hous­
ton

50, 394
67,854
10,803
17,824
146, 875
309
2251
6,198
479
45
36,044
3, 374
412
3, 605
1,603
24,611
871
33,691
2, 765
200
16
18
1,452
9, 480
79
31
65

11,207
9,312
760
1,052
22,331

SanAntonio

Fort
Worth

19,178
28, 957
5, 301
5, 738
59,174

29, 485
13, 272
6, 262
8, 732
57, 751

3, 440
162
12, 165
1,488
336
9, 588
12, 946

2, 688
759
10, 767
1, 522
454
4, 477
17,083

3, 572
3

3, 734

Gal­
ves­
ton

Waco

Coun­
try
banks

10, 997
5, 309
865
4,129
21, 300
355
1,167
164
5, 393
819

6, 497 209,400
3, 964 79, 020
2,078 14, 745
1,420 81, 556
13, 959 384, 721

268 14, 707
199
3, 405
2, 356 68, 656
595 18, 300
10
291
445 21, 249
7, 958
2,612 147, 276
6,010
5
501
1, 359
56
100
1,023
488
6, 239
3
18
394
46
36
2
3
1, 720

450

101

1

477

183

130

60,245 662, 736

276, 969

31, 725

263, 532

103, 057

99, 365

44, 751

20, 958 668, 506

51,155 428,297
27,161 315,160
3,402
1,613
4, 540 81, 895
16, 952 22,057

220,199
108, 635
20,096
10, 740
78, 223
13
2, 492
27, 689

20, 812
14, 396
502
1,496
4,064
93
261
8,191

201, 009
128,615
5,002
11, 483
53, 931
47
1,931
33, 747

73,227
47, 623
3, 476
2, 842
18,155
284
847
20, 593

76, 063
45, 892
268
3, 975
25,082
18
828
14, 386

26,967
15, 407
1,117
983
9,013

13, 900 484,575
10, 356 380,886
361
4, 343
1, 538 55, 873
1,446 38, 363
195
199
4,915
4,823 100,120

25, 354
427
100
84

7, 887
164

30, 269
1,138
125
76
41
2, 038
60
234, 756

17, 007
625

13, 482
275
55
429

11, 892
268
85

54

889
5, 783
3, 709 154, 503
3,619
20
54
1
15
54,864

92, 329
52, 402
2, 119
1, 624
1,894
2, 841
1,294
582,800
261
334

1,674
50
247,888

140
29, 003
150

115

369

44
66

67
329
46
41, 773
21,211
13, 202
1, 940
404

15,150
6, 970
4, 755
235
27

2, 400
1,755
854
142
5

638

102

447
13, 545

34
2, 927

145

410
890

93, 820

90, 449

40,512

65
242
67

640

62
293

4, 707
86

65, 663
21, 328
2, 762
30
675
1,864
7, 283
545
18,723 584, 695
21
512
46
7

696

268

317

142

14

543
218

67
27

7
61

13
60

35

600
1,000
562
291

14, 615
7,603
3, 425
1, 253
49

5,075
1,957
1, 524
246
73

4, 650
1, 572
1, 526
471
312

1, 650
1,166
653
200

1, 240
613
268
65

7
652
14
Other
liabilities
10

36
639
115
747
306
42, 657
23, 744
12, 459
1,929
593

______________

29, 624

30,379 139, 962

60,245 662, 736

276,969

31,725

263,532

103, 057

99,365

44, 751

20, 958 668, 506

12, 630
10,183
5

17,488
17, 502
' 4

36, 366 267, 897
31, 296 398, 365
4
685

146,860
110,974
5

15, 724
14, 701
2

133, 227
132, 549
10

47,121
47, 740
7

50, 769
46, 961
3

11,976
15,814
4

10, 355 309,811
11,605 435, 435
3
510

64, 223
73, 999
4

1Outlying banks in above cities which have been authorized to carry country-bank reserves are included with country banks.




DAL­
LAS

____________________________ . . ________________
__________________ ___________ _________________
__ ________________________ __ _________________

Total liabilities (including capital account)__________________
Net demand deposits (see p. 10)
Demand deposits—adjusted
Number of banks___ _

W ich­
ita

9, 095
4, 677
1,964
2, 860
18, 596

. _ _

Balances with banks in foreign countries___ __________________
__ ____________________
Cash items in process of c o lle c tio n .______________________ ________________________________
Cash items not in process of collection____________________ ____________________ _________
____________________
Acceptances of other banks and bills sold with endorsement____
Securities b orrow ed _________ ___ ______________________ _____________ __________ — __

Tulsa

District N o. 11

ALL MEMBER BANKS— CONDITION ON SEPTEMBER 28, 1938, OF BANKS IN CENTRAL RESERVE AND RESERVE CITIES1 AND OF B,
OUTSIDE SUCH CITIES (COUNTRY BANKS)— Continued
[Amounts in thousands of dollars.

Federal Reserve bank and branch cities are shown in bold-face type.]
Recapitulation

District No. 12

SAN
FRAN­
CISCO

ASSETS
1, 018, 667
603,120
76,177
266, 654
1, 964, 618
5,315
57, 365
6,020
268, 942
23, 065
3, 382
67, 690
54, 910
2, 796

Los
Ange­
les

Port­
land

Salt
Spo­ Oak­
Se­
Lake attle kane land
City

Og­
den

C oun­
try
banks

Federal
Reserve
bank
cities

Federal
Reserve
branch
cities

Other
reserve
cities

6, 260,086 1, 746, 036 531, 855
5, 877, 671 1, 745,175 539, 477
1, 293, 091 302, 380 107, 262
2, 416, 865 640,135 209,084
15, 847, 713 4, 433, 726 1, 387, 678
514
2, 437
108, 648
61, 283
388, 287 131, 987
10, 907
48, 937
103, 789
5, 798, 796 796, 054 315, 676
47, 369
85, 675
291, 096
2, 265
10, 431
26, 896
566, 729 346, 333 129,073
447, 682 370,150 221, 911
6, 269
8, 831
14, 005
777
2, 972
66, 798
1, 261
74,
062
956, 825 241, 608
6, 876
432
1,453
1, 618
1, 587
30
402
26, 949
1,100
6, 551
31,038
116, 953
1,801

365, 340 66, 416 18, 279 103,103 12, 302 1,129 11, 855 244,081
357 2, 956 100, 506
229, 885 59, 669 18, 278 72, 320 6, 355
2,187 29, 195
56, 926 24, 429 3,195 6, 247 1,435
244 2, 829 80, 797
99, 349 22, 152 10, 541 19, 534 4, 388
751, 500 172, 666 50,293 201, 204 24, 480 1, 730 19, 827 454, 579
225
77
316
298 18, 230
25
594
984 4, 378
21, 029 5, 715
31 4,170
5
365
58
249
17, 124
160 2, 729 49, 309
143, 045 23, 370 9, 928 32, 085 4,177
433
16,153
755
51
803
5,
743
3,
991
10, 360
67
293
81 1,014
636
804 15, 274
28
27, 285 6, 228 4, 821 9, 498 1,024
427 1, 941 76, 987
36,180 13, 439 8, 525 23, 482 4, 030
259 8, 421
250
950 1, 555
250 1, 725
121
294
47
154
584

60, 603
228
91

29, 854
220

8, 284

3, 572

9, 378 6,213 11, 889
22
49
215

945

31

854

802

94

7

380

1, 037

118

Country
banks

Total

4, 399, 460 12, 937, 437
2, 550, 495 10, 712, 818
595, 744 2, 298, 477
2, 412, 073 5, 678, 157
9, 957, 772 31, 626, 889
112, 965
1, 366
968, 380
386, 823
335, 567
171, 934
1, 282, 452 8,192, 978
774, 887
350,747
42, 488
2, 896
540,874 1, 583, 009
1,194, 630 2, 234, 373
77,156
48, 051
73, 374
2, 827
1, 261
187, 872 1,460, 367
8, 23d
4, 732
27, 633
252
1,370
270
198, 227
43, 685

47, 719,159
2, 523, 309 1, 041, 955 238, 538 82, 774 292, 605 36, 401 2, 459 27, 556 653, 575 24, 764, 980 6, 512,199 2, 264, 797 14,177,183
LIABILITIES
___ _ - __ ___
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. _
Individuals, partnerships, and corporations:
Evidenced by savings pass books
Certificates of deposit
Open accounts
Christmas savings and similar accounts
Postal savings
States counties and municipalities
Banks in United States

__ _____________ __ -- ----------- - __ ______- - ___
-- - - - __ _ _____ ___ - - _ _ _ _ _ _ _ - __
_ _
____ __________
- ---------- ___
_ ___
____
___

Acceptances of other banks and bills sold with endorsement
Acceptances executed for customers
AorjnntQTiPDc
V\v nthpr hfiTilrs for rPnortlTlP’ bfl,TllcS

- _ - ___
- - _

Interest taxes and other expenses accrued and unpaid
____
______
Dividends declared but not yet payable and amounts set aside for undeclared dividends
g^ud for accrued interest on capital note1' and debentures
____
Capital notes and debentures

______ _________ ____ _____ —

U ndivided profits—net
_______________ - __________ — —
Reserves for contingencies
_______________ -- __
Retiren ent fund for preferred stock and capital notes and debentures-------------------------

131,544
93, 633
5,169
13,218
16, 310
527
2, 687
87, 228

52, 285 186, 413
32, 238 123, 263
5 4, 337
5, 897 20,715
13, 865 35,046
1 1,096
279 1,956
21, 327 77, 042

21, 602 1, 062 14, 882 316,036
787 9, 456 251, 358
15, 557
126 2, 366
1 58
150 2, 921 46,167
2, 263
54 2, 302 11,169
3,517
67
5
77 4,909
202
71
11, 621 1,000 9, 315 264, 703

1, 082, 949
749,142
84, 732
67,139
147, 747
9,378
24, 811
1, 206,324

472, 884
386,190
13, 884
14, 972
47, 845
1, 043
8, 950
467, 842

984,154
33,056
45, 903
13, 267
13, 741
95, 858
17,055
3, 290
2, 289,273

410, 986 76,155 20,143 73, 704 11, 088
476
839 1,883
22, 660 3, 740
4
443
30
4, 214
45
75
506
12
5
1
20
41
29, 231 6, 947
971
355
261
225
940, 726 218, 772

91
5, 225
672

303
56

215
37
40

7, 587

4, 241

737

5, 311
8’ 079

1,042
2, 005

270
346

103, 950
68,998
29,432
4,041
650

50, 4C0
24, 255
6,912
12,013
2

7, 500
5, 650
3,061
1,910

18, 270, 303 3, 930, 553 1, 503,127 6, 604, 321 30, 308, 304
11,974,001 2, 536, 994 914,653 5,013, 062 20,438, 710
707, 267
108, 249
39, 499
428, 602 130,917
968,925 2,079, 830
651, 900 289, 558 169, 447
398,072 6,088, 093
4, 405, 576 925, 662 358,783
456, 517
2, 387
712
6, 386
447,032
537, 887
113,626
20,033
41,036
363,192
11,
462,
315
5,
703,
492
3, 392, 951 1, 837, 889 527, 983

675 8, 898 236, 441 2, 566, 895 1, 506, 677 455, 679 4, 869, 362 9, 398, 613
724, 377
485,426
31,415
77, 206
130,330
308 15, 626
27
544, 378
60,670
84, 840
7, 900
390, 968
2,117
91
121, 292
72, 347
6,815
9, 554
32, 576
583
7
69, 605
46,
347
2,
782
4,419
16, 057
59 1,718
464, 427
146,811
99, 389
8, 540
209, 687
7, 693
200
130,
009
22,529
14,
852
55, 804
36, 824
50
525
9, 614
9,614
41,
770,
619
12,
307,
813
73, 612 263, 455 33, 223 2, 062 24,197 580, 739 21, 663, 254 5, 768, 442 2, 031,110
117, 432
117, 432
1,502
1,317
185
12, 499
10,829
1,670
584
27, 633
252
402
30
26, 949
49
109, 060
1,179
81
2,418
105, 382
251
12, 354
249
334
434
11, 337
1,370
270
1,100
96,
208
24,147
4, 948
19, 676
47, 437
4
95
885
56
743
185
23
110
337
46
410 1,908
37
6
455
315
382
225
350
4, 450 " 14,’ 900 1, 697 ’ "'329 1,300 35, 653
505 18, 238
850
56
1,940 5, 860
2
393 11,954
296
1, 373 4, 519
391 2, 380
201
335 2, 036
742
17
41
168

25, 387
80, 497
15,128
1, 058, 224
1,172, 947
295, 538
140, 968
1, 730

5, 882
11, 200
8, 320
289, 635
265, 586
79, 515
58, 622
1,982

977
6,184
3, 846
110, 408
63, 931
30, 820
10, 871
1,157

35, 817
3, 571
124, 781
26, 900
48, 144
20,850
919, 217 2, 377, 484
544,380 2,046, 844
645, 543
239,670
274, 395
63, 934
17, 474
12, 605

2,523,309 1, 041, 955 238, 538 82, 774 292, 605 36, 401 2, 459 27,556 653,575 24, 764, 980 6, 512,199 2, 264, 797 14,177,183 47, 719,159
N et d amand deposits (see p 10)
Dem and deposits adjusted
Num ber of banks


i Outlying banks in above


____ ___ _________________
________ ____________ ___ _____ ______
___ ___________________________ ________

899, 746
780,489
7

379, 677 102, 498 32, 882 141, 544 15, 603
380, 258 100, 159 32, 201 134, 045 17, 077
3
5
2
6
6

cities which have been authorized to carry country-bank reserves are included with country banks.

576 11, 283 217, 227 16, 300, 061 2, 975,161 1,078,123 4,685,003 25, 038, 348
977 11, 600 295, 558 12, 032, 268 2, 625, 980 1,030, 071 5, 907, 741 21, 596, 060
6, 341
5,948
89|
134
170
2
258
1

18
ALL MEMBER BANKS— CONDITION
ASSETS [in thousands of dollars]

State

T otal____________
New England:
M aine______________
New Hampshire____
Verm ont___________
Massachusetts______
Rhode Island______
C onnecticut... ____
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 Dakota______
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___________
Oklahoma__________
Texas_______________
Mountain:
M ontana____________
Idaho_______________
W yom ing___________
Colorado____________
New M exico________
Arizona_____________
Utah________________
Nevada_____________
Pacific:
W ashington_________
Oregon______________
California___________

N um ­
ber of
banks

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
ments

I, 341 12,937,437 10, 712, 818 2,298, 477 5, 678,157 31, 626, 889

Custom­
ers’ lia­
bility
on ac­
count of
accept­
ances

Banking
house,
furni­
ture and
fixtures

Other
real
estate
owned

Reserve
with
Federal
Reserve
banks

Cash
in
vault

112, 9651

968,380

32,065
133,115
16, 414
61,513
12, 753
49,245
178, 428 1,234, 477
24, 481
193, 466
46, 704
258,996

6, 750
259
12

2, 067
2, 222
1,051
42, 049
8, 773
14, 396

565 3, 790, 950 3, 549, 328
283
439, 644
326, 564
777 1,166,196 1,104, 947

932, 796 1, 608, 699 9, 881, 773
63, 982
260,072 1, 090,262
162, 346
860, 843 3,294, 332

86, 278
442
5, 982

277, 269
49, 453
112,373

327
142
391
208
132

403, 542
605,159
153, 722
121,419
746,120 1,136, 334
284, 750
319, 446
185, 484
130, 806

118,673
25, 631
182, 282
113, 525
21, 964

804
2
3,049

53, 607
13,198
39,179
19,175
12, 543

23, 886
2.178
10, 730
4,153
2, 520

284,104
56, 042
968, 250
145, 313
73, 882

47, 615
16,015
58, 987
30,114
12, 627

208
143
141
51
66
149

205, 960
109, 703
314,177
14, 414
22, 490
76, 258
68, 252

187, 794
56, 488
268, 874
11, 141
10, 588
55, 215
49, 400

17, 555
20, 093
73, 856
3, 599
2, 733
10, 444
15, 060

79, 776
50, 349
157, 300
7, 058
11,014
30, 284
27, 518

491, 085
236, 633
814,207
36,212
46, 825
172,201
160,:

14, 396
6,819
13, 808
1,764
2,106
6,146
6, 581

1,230
596
7, 772
315
263
466
838

82, 560
36, 207
195, 842
4, 008
7,049
35, 552
29, 788

9, 632
8, 281
14, 377
1,188
1,430
3,913
4, 799

42, 213
100, 950
77, 488
189, 509
92, 326
86, 294
29, 980
156,912
60,755

18, 634
180, 262
85, 348
80, 733
33, 323
41, 376
11,992
42, 268
62, 403

7, 246
7, 463
20,138
16, 850
10, 420
14, 223
2,912
12, 384
23, 434

24, 250
43, 451
19, 238
45, 622
28, 589
26,072
9, 359
29, 439
30, 735

92,343
332,126
202,212
332,714
164, 658
167, 965
54,243
241,003
177,327

1, 679
9, 954
14, 743
12, 421
6,917
5, 844
1,597
11,590
7, 541

1, 116
1,614
4.179
3, 999
4, 888
1, 749
330
2, 542
1,149

8,987
64,818
55, 373
58.022
18,918
25, 676
7,005
40, 475
27, 590

1, 820
9, 968
10, 469
10, 744
7, 252
6, 557
2,882
6,811
7, 453

121, 906
169, 042
95, 041
21,915

50, 626
50, 626
27, 348
7, 854

13, 490
20, 320
11, 561
1,127

35, 337
49, 246
41,148
17, 594

221,359
289,234
175, 098
48, 490

244
216

5, 769
12, 613
6, 689
1,602

4,132
2, 856
6,177
1,044

35, 595
39,907
23, 387
5, 972

6, 605
8,040
6,139
2,044

43,184
110, 040
117, 457
396, 913

12, 720
92, 395
49, 673
235, 396

5, 669
16,970
20, 857
47, 849

20, 556
45, 452
62, 464
119,213

82,129
264, 857
250, 451
799, 371

2,178
7, 403
9, 629
33, 769

852

499
67
1,311

2,011

267
6, 622

16,101
46, 596
54, 624
160,804

2, 859
5, 761
6, 520
25, 934

23, 495
25, 195
17, 791
69, 904
15, 903
23,144
42,166
8, 841

33, 394
17, 077
8, 471
64, 367
10,216
11,924
22, 630
7,604

5,075
8,129
1,388
8,404
1,996
4,153
6, 349
3, 088

14, 300
7,195
5,074
28, 268
3, 546
7, 271
14, 910
3, 693

76,264
57, 596
32,724
170, 943
31, 661
46, 492
86,055
23,226

2, 983
1,589
1,035
3, 644
994
1,623
1,735
714

153
33
48
428
60
296
256
19

14.023
7, 572
5, 621
42, 230
4, 967
5, 664
14,370
2, 478

2, 835
2,516
1, f ' ~
6, 425
1,585
1,!—
1, 764
926

65
153, 503
34
77, 718
118 1, 513, 931

99, 943
65, 241
872, 066

10, 907
26, 231
141, 002

8, 465
6, 555
88,130

1,025
384
26,136

43, 863
26, 403
434,114

9, 655
5, 241
39, 669

44
53
42
156
14
59

202
20

74
13
155
98
52
24
73
57
111

77
82
27
5'
36
222

501
67
30
35
88

27
7
33
5

51, 997
30, 457
25,134
629, 587
92, 019
128, 429

37, 370
12,868
8, 854
395, 317
71, 690
71, 942

11,683
1, 774
2, 504
31,145
5, 276
11,921

256, 764 1, 384,138
78, 358;
379,130
469, 332 2, 534, 068
163,116
880, 837
100, 273
438, 527

38, 021
302, 374
28, 551
197,741
407, 962 2,934, 961

20

30
294

207
16
18
67
120

1

225
77
5, 631

335, 567 8,192, 978
459
276
342
12,053
3, 257
2, 467

774, 887

15,119
8, 420
5, 386
332, 697
23, 311
35, 472

3, 948
3,150
1, 363
129, 694
8, 252
9, 466

65, 782 3, 943, 913
42, 893
129,893
78, 726
489,015

108,187
30, 231
69,612

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 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 No. 7________
M ichigan—District No. 7_____
Wisconsin— District N o. 7____
xVTissouri—District No. 10_____
New Mexico—District No. 10.
Oklahoma—District N o. 10___
Arizona—District No. 12.__ . . .




11
198
59
226
12
25
17
65
103
270
170
95
42
8
211
5

18,661
11, 730
364,287
280,592
42, 718
16, 382
375, 863
565, 848
18, 639
8, 894
82, 508
86, 677
17, 653
7, 049
104,904
34,567
96, 054
140, 587
694, 055 1, 097, 446
270, 056
305, 819
117, 295
176,070
102, 397
79,199
8, 762
7,713
115, 321
49,393
8,885
19,818

2, 731
51, 731
4,114
31, 9ie
2, 388
15,185
813
10, 587
21,955
173, 934
110,471
19, 545
20, 280
1,828
20,764
4,085

7, 396
40,522
208,915
905,529
16,055
79,269
264, 749 1,238, 376
7,090
37, 011
37, 510
221,880
14,086
39, 601
33,741
183, 799
67, 555
326,151
428, 974 2,394, 408
146, 608
832,954
88,936
401, 846
58,054
259,930
2, 096
20, 399
60, 966
246, 444
6,156
38, 944

11
427
93
499
237
2
3,049
20
30
67

2, 527
37, 977
2, 490
42, 264
1,296
6, 596
1,340
7, 799
10,636
35, 063
17, 605
11, 276
4,123
636
9,450
1,430

741
33, 575
832
13, 436
1,233
1,822
950
2, 651
1,694
9, 465
3, 978
2, 236
1,024
27
252
169

6, 352
103, 396
13, 384
168,420
3, 938
40,164
4, 827
23, 755
50,013
950, 015
139, 966
70,076
53, 497
2, 902
54,037
4, 945

1,809
24,013
2, 672
23, 415
1, 632
4, 388
1, 653
5, 707
13, 362
54, 825
28, 292
11,120
4, 243
898
6, 296
1, 583

19
OF BANKS BY STATES, ON SEPTEMBER 28, 1938
ASSETS [in thousands o f dollars]

Balances
Demand
with
balances
private
with
banks
banks
and
American in New
York
branches
C ity
of foreign
banks

Demand
balances
with
other
domestic
banks

42, 488 1,583,009 2,234,373

72,050
32, 290
181, 706

1.409
2, 884
10, 309

58,171
69
1, 511

611, 690
21, 854
86, 880

753
64

25,932
40
96

93, 857
25, 232
174, 947
84, 731
16, 360

125, 357
54, 095
166, 283
67, 728
53, 446

7, 061
2, 533
1,763
1.410
1,313

227
2,170
935
27

54, 807
11, 976
121, 388
32,184
14, 090

454
131
230
205
258

49, 496
6, 323
80, 642
515
905
7, 001
6, 748

72, 941
45, 555
125, 293
7, 826
8, 891
30, 083
52, 859

2, 403
50
3, 351

373

26, 536
9, 482
54,121
584
818
11, 628
3, 932

189
116
389
14
45
390
64

21, 497
23, 606
22, 245
21,128
14,172
18, 282
4, 599
19, 813
14, 240

7, 095
23, 313
16, 549
39, 228
21, 849
33.176
14, 723
35, 533
31, 780

188
45
2, 764
6,317
156
78
300
1, 595

3, 160
13, 941
6, 584
17, 915
4, 303
15, 814
2,179
16, 098
6, 605

13
204
34
139
49
61
73
62
26

271
1,411
797
2, 028
704
1,112
189
1,333
750

138, 259
481, 369
333, 361
501,706
250, 032
276,543
87, 898
376,163
276,267

11, 921
24, 329
9, 309
1,

31, 440
53, 770
27, 082
10, 563

536
3, 285
136
80

40
250

10, 757
13, 984
5, 543
1,020

50
206
24
13

941
1,295
1, 597
147

329, 430
450,289
261, 672
72, 874

3, 379
18, 843
20, 921
89, 276

19, 694
40, 276
93, 535
234, 836

285
165
3,131
2,565

113

3, 832
17, 321
9,182
35, 471

61
141
128
422

5,313
1,
1, 600
24, 511
2, 093
3, 485
5, 801
1, 616

16, 834
9, 886
10, 232
52, 747
8,315
6, 734
13.177
3, 038

1,607
1,151
310
4, 200
150
690
1,217
2,155

2, 821
1, 597
600

16
160
11
75
13

13, 262
6, 926
100, 263

42, 741
18, 874
127, 753

2, 569
2, 844
3, 264

11,615
506
267

100

478
92
325
486
25

667
404
3, 473
20

35

1,046
293
4,018

171, 736
87, 081
65, 487
7,164 1, 939, 057
1, 104
259, 717
734
392, 533
335
19

815

145,959
89, 202
165, 556

577

199, 488 47, 719,159

125

2,928
852
6, 509

278

1,370

Total
Assets

49
27
29
121
28
115

1,905
108
203

200

27, 633

73,374 1,460,367

Other
assets
(includ­
ing due
from
own
foreign
branches)

2, 766
2, 487
1, 045
52, 070
3, 973
10, 602

7, 487
6, 378
3, 576
49, 439
7, 478
18, 839

~1~548

77,156

Securi­
ties
bor­
rowed

73
19
90
2, 505
298
180

6, 261
2,425
3,124
67,120
9, 362
40, 926

1,

A ccept­
ances
Cash
Tim e
of other
Cash
Balances
items
balances
banks
items in
with
not in
with
and bills
banks in process
process
other
sold
of
foreign
of
domestic countries collection
with
collection
banks
endorse­
ment

145
15

881.
453
24

*173

11, 111

27

460
1,134
7,177
444

423
154
3, 419

13, 643
9, 524
93, 234

221

1,100
3

71, 966 15,355,160
6, 976 1, 497, 405
4, 527,180
6, 884 2, 085, 254
1,034
561, 815
20, 511 4,113,196
3, 497 1, 270, 819
628, 932
3, 030

22

73
111

756, 885
3, 875
566
350, 650
2, 979 1, 315,117
52, 710
257
68, 696
336
562
267, 942
212
266, 655

131, 772
393
415, 370
10, 644
484
449, 343
1,683 1, 395, 857
448
182
57
888

46
202

520
131
49
215
91

123, 406
84,305
53, 887
317, 615
50,344
68, 237
132,158
34, 748

440, 860
1,
276, 328
1, 081
12, 540 3,875,039

State

Total
New England:
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
M iddle Atlantic:
N ew York
N ew 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
W est South Central:
Arkansas
Louisiana
Oklahoma
Texas
Mountain:
Montana
Idaho
W yom ing
Colorado
N ew Mexico
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 IS T R IC T S P E C IF IE D

3,139
667
450
11,615
506
267
1,200
404

5, 790
77, 317
2, 230
66, 409
2, 750
14, 736
1, 420
17, 941
20, 846
171, 593
83, 654
14, 748
35, 703
1, 765
20, 860
2,796

672
19, 570
11,110
67, 470
3, 838
22, 469
8, 467
38, 079
43, 231
141, 497
59, 585
45, 300
76, 863
4, 949
92, 259
4, 452




125
701
425
2, 601
4, 412
150
50
3, 238
2, 458
1, 607
1,142
1, 276
3, 206
150
3,126
210

136
113
195
2,170
930
27
389

1,129
18, 678
737
26, 641
892
16,193
928
6,103
10, 852
116, 850
31,816
13, 403
27, 497
396
9, 073
1,025

13
50
18
352

6
21
11

71
108
155
202

244
162
124
7

200

40

5, 544
217
5, 731
192
9, 808
137
973
974
20,193
3, 397
2, 859
680
1
460
173

59, 891
1,227, 670
113,384
1, 658, 483
57, 205
339,579
59, 384
290, 803
480, 544
3, 912, 532
1,204, 058
574, 720
468, 517
32,123
442,852
55, 734

Connecticut—District No. 2
N ew Jersey—District No. 2
K entucky—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 No. 7
Michigan—District No. 7
W isconsin—District No. 7
Missouri—District No. 10
N ew Mexico—District No. 10
Oklahoma—District N o. 10
Arizona— District N o. 12

20
ALL MEMBER BANKS— CONDITION
LIABILITIES [in thousands o f dollars]

Bills Accept­
pay­
ances
able, of other
redis­ banks
counts
and
and
bills
repur­
sold
chase with en­
agree­ dorse­
ments
ment
Total
New England:
M aine____
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
Wyoming.
Colorado
New Mexico.
Arizona.
Utah
Nevada.
Pacific:
Washington
Oregon
California.

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 I S T R I C T S -C O N D I T I O N
Connecticut—District No. 2 _
29, 957
22, 449
New Jersey—District No. 2
512, 065
413, 844
Kentucky—District No. 4 ___
50, 638
43, 495
Pennsylvania—District No. 4
817, 831
589, 089
West Virginia—District No. 4
22, 070
18, 226
Louisiana—District No. 6 ___
241, 330
113, 428
Mississippi— District No. 6_.
32, 594
17, 710
Tennessee—District No. 6 ___.
168, 663
88, 076
Indiana—District No. 7 _____
289, 707
180, 729
Illinois—District No. 7 ______ 2, 817, 656 1, 808, 897
Michigan— District No. 7 ___
654, 322
450, 049
Wisconsin—District No. 7 ___
296, 879
196, 233
Missouri—District No. 10___
390, 009
173, 219
New Mexico—District No. 10
22, 824
11,068
Oklahoma—District No. 10 . _
316, 830
201, 498
Arizona—District No. 12____
36, 928
26, 492




927
8, 248
1, 285
18, 492
362
14, 424
937
10, 796
12, 610
66, 045
18,100
9, 662
7, 895
2897,982
103

3, 464
58, 322
4,112
37, 385
1, 621
39, 630
9, 464
26, 844
52, 739
252, 641
95,130
33, 456
18, 990
9, 300
42, 298,
7, 956

2, 264
20, 771
228
1,307
166,995
162
1, 422
71, 450
"837
4, 283
41, 467
39, 759
62
647, 449 10, 268
81, 647
826
53, 491
131
187, 032
126
1, r '
60, 859
1,819

853
10, 652
439
5, 708
439
1,561
200

1, 480
3, "
32, 356
8, 570
3, 906
2, 747
573
4,193
545

22,

570
45;
554,
24,
68
19,
89,
141,
746,
447,
216,
43,
0,
78,
13,

,

22,

559,
44,
477,
24,
56,
19,
76,
133,
711,
441,
213,
42,
6,
67,
13,

289
4, 731
177
4,013
554
3, 672
1,148
363
457
1, 020

127
152
31, 497
170
160
10

4, (
6,670
50
1,380
1, 468
330
4,057
10

645
422
23'

40

21
OF BANKS BY STATES, ON SEPTEMBER 28, 1938— Continued
LIABILITIES [in thousands o f dollars]

A ccept­
Ex­
ances
executed penses
by or for accrued
and
account of
reporting unpaid
banks

121, 414

96,208
203
121

Other
liabili­
ties (in­
cluding
D iv i­
dends de­ due to
own
clared
not yet
foreign
payable, branches
etc.
and
securi­
ties bor­
rowed)
35, 817
36
14

243,583

37
45, 463
52, 923
171, 736
44
41, 912
87, 081
37, 709
30
12, 465
65, 487
18,110
370 1, 939, 057 1,152,115 1,018,153
8
259, 717
102, 225
110, 810
218
166, 439
392,533
207, 866

13,044

694, 964
102, 845
233, 953

875, 742
42, 700
340, 470

187, 556
17, 220
81, 291

77,195
5,487
46, 297

2,140 15, 355,160 10, 665, 601 7, 727,063
1,856 1, 497, 405
486, 213
572,195
1,241 4, 527,180 1, 812, 239 1, 621, 430

22, 321
1,485
1, 934

123,034
27,560
173, 297
61, 662
35, 508

57, 718
15,965
90,933
24, 932
12, 796

22, 322
8,402
41, 618
13, 703
10, 564

8,069
2,996
41,350
4,810
3, 364

1, 557 2, 085,254
798, 342
862, 296
393
561,815
238, 589
259,694
816 4,113,196 2, 464, 294 2,051, 925
944 1,270, 819
492,017
540, 234
557
628,932
232, 904
237, 863

38,773
17,295
59,028
3,845
5,115
15,144
16, 250

23,988
9,014
24,842
1,607
1,361
7, 494
7,815

7, 638
4, 375
20, 567
500
935
2, 767
5,172

2,402
1,803
3,615
90
151
1,800
501

234
756,885
472
350, 650
300 1, 315,117
7
52,710
105
68 , 696
158
267,942
132
266,655

308, 724
159, 590
712, 256
17,893
30, 374
146,938
131,702

307, 566
164,396
536, 601
23, 719
36, 726
132,068
154, 793

8,699
21, 394
16, 382
30, 992
18,148
13,044
5,037
23,161
16,154

16,053
13, 972
12, 698
18, 456
11,247
8,194
2, 271
13, 247
8, 668

3, 994
7, 393
7, 966
8,127
4,719
3, 497
1,482
5, 618
3, 381

426
2, 368
1,090
2, 357
1,608
1,813
160
2, 848
1,204

2
157
63
116
248
243
217
156
69

138,259
481,369
333,361
501,706
250, 032
276,543
87,898
376,163
276,267

58, 372
235, 410
156,406
180, 799
84, 054
133, 244
39, 376
177, 432
138, 831

84, 559
191,840
164, 790
178, 926
109, 591
111,653
52, 776
155, 358
141,881

12

20,038
26, 502
23, 608
5, 064

14,585
12, 891
8, 749
2,116

5,433
7, 293
4,129
973

1,207
1,241
1,337
37

538
96
92
55

329,430
450,289
261, 672
72, 874

137,900
181,488
104,972
27, 497

133,356
173, 332
111, 406
34, 573

131
835
339
644

7, 585
17, 746
25, 098
80, 054

3, 789
9, 885
13, 305
41, 069

2, 819
5,038
7, 249
24, 319

237
832
1,334
4, 465

212
131, 772
704
415,370
54
449, 343
1,015 1, 395, 857

56, 848
217, 869
197, 991
678, 596

62, 273
177, 521
243, 298
752, 276

65

6, 992
4, 043
2, 925
12, 438
2, 240
2,815
7,164
860

3, 256
1,529
1,911
9, 894
1,217
1, 656
3,469
315

2,212
1,633
1,219
5,508
486
678
2,207
1,036

461
671
201
1, 940
170
344
777
41

49,432
38, 697
18, 932
118,100
25, 701
32, 625
50, 549
14, 923

64, 341
48, 278
27, 353
153, 679
33, 775
40, 764
52, 870
18, 756

23, 947
9, 327
172, 373

9,981
6, 778
103, 089

6, 562
3, 657
42, 273

2, 506
1, 941
17, 027

109
440, 860
192, 902
201, 708
36
276,328
117,061
120, 271
860 3, 875, 039 1, 358, 249 1, 276, 513

239
4, 446
718
26, 352
321
683
25
536
2, 775
40, 544
4, 664
3,150
1,454
94
1, 334
344

91
970
71
316
6
682
46
86
309
637
913
476
46
16
53
208

14, 259
498
3, 937

178>§Z9

818

5, 473
752
10, 447
1, 970
1,496

1,142

2,578
514
4,701
1,235
1,199

2, 529
309
2.171
150
151
290

94
24
664

222

87

212

168
149
213
242

20

30
294
346

207
16
18

121
1
244
222

746
67
1,311

475
691
1,072
486
466
109
940

120

111

66

49
11

225
130

571
727
469
178

49
307

161
645
682
2, 550

15
239
377
1,399

905
751
12,154

5, 474
237
839
50
385
192
153
135
217
303
674
154
961
52
824
191

200

2, 352
19
2,064
144
46

500
297
'542

21

50
200
12

217
288
61
251
77
6, 256

9’ 713

490

262
208
26
831

285
741
357
362
270
6, 435

17,474 47, 719,159 25, 038,348 21, 596, 060

708
415
378
17, 373
3, 258
1,690

19, 332
2, 821
14,059

993
188
192

274, 395

3,855
2,799
1,569
32, 653
2, 216
6, 920

92, 231
467
6, 605
2

645,543

Net
demand Demand
deposits deposits—
(See
adjusted
page 10)

6, 596
4, 869
2,580
107, 596
15, 720
17, 816

1, 967
190
280

3, 297

Surplus

Total
Retire­
liabil­
U ndi­ Reserves
ment
ities,
vided
for con­ fund for includ­
profits— tingencies preferred
ing
net
stock,
capital
etc.
account

12, 111
6,321
5, 236
103,132
12, 530
26, 051

12

7,392
287

Capital
stock

48,144 8, 377, 484 2, 046, 844

87
49
75
4, 784
814
526

123
4, 553
1, 424
1.171

2

Capital
notes
and de­
ben­
tures

715
401
11, 043

103

21
154
15
130
32
208
220
33

123,406
84,305
53, 887
317, 615
50, 344
68,237
132,158
34, 748

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
New Mexico
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 IS T R IC T S P E C IF IE D
11
452

746
237
2

3, 297
20

30
67

138
2,332
32
7,473
240
430
169
407
716
10, 294
1,835
1, 365
249
682
166

6

95
6, 950
77
2,070
1
275

101

509
329
4,618
1,225
1,154
197
11
338
283

249
24
1, 463
51
239
4
119
929
186
190
74
377
3




12

1,485
1, 516
200
2, 268

4, 527
81, 588
7, 858
71, 747
4, 540
14,036
'4,122
19,945
22, 410
162, 378
57, 359
31, 673
16, 413
1,285
24, 530
2, 465

1,908
34,146
5, 236
150,177
3, 986
7, 576
1, 786
7, 234
13, 698
85, 797
23,146
11, 482
9, 306
681
13,059
1,191

658
12,948
2, 376
26,157
1,564
4, 609
800
3,699
7, 251
38, 784
12, 646
9,915
7, 111
274
7,141
574

59,891
22, 366
25, 637 Connecticut—District No. 2
1,227, 670
464,140 New Jersey—District No. 2
396,829
113,384
36, 585
47, 309 Kentucky—District No. 4
1, 658, 483
657, 578
605, 541 Pennsylvania—District No. 4
57,205
14, 590
19, 394 West Virginia—District No. 4
339, 579
187,932
138, 426 Louisiana—District No. 6
59,384
21, 779
26, 446 Mississippi—District No. 6
290,803
106, 540
110, 297 Tennessee—District No. 6
480, 544
214, 786
226, 424 Indiana—District No. 7
3, 912, 532 2, 388, 284 1, 977,044 Illinois—District No. 7
1,204, 058
481,698
521, 933 Michigan— District No. 7
574, 720
223, 461
220,192 Wisconsin—District No. 7
468,517
249, 946
167, 459 Missouri—District No. 10
32,123
15, 714
20, 545 New Mexico—District No. 10
442, 852
194, 638
238, 916 Oklahoma—District No. 10
55, 734
28, 655
33, 968 Arizona—District No. 12

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