View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

* .3 .3
S e p te m b e r 6, 1 9 4 5
F o r im m e d ia te r e l e a s e
ASSETS AND L IA B IL IT IE S OF MEMBER BANKS ON JUNE 3 0 ,
COMPARED WITH MARCH 2 0 ,

1 9 4 5 AND JUNE 3 0 ,

1945

1944

(A m ounts i n th o u s a n d s o f d o l l a r s )

C hange s i n c e —
M arch 2 0 ,
Ju n e

Ju n e 3 0 ,
1945

30,

1944

1945

A S S E T S
LOANS AND INVESTMENTS

9 9 ,4 2 6 ,0 1 0

20, 587,878
73 , 206, 154 )

Loans (in c lu d in g o v e r d r a f t s )
U n ite d S t a t e s G overn m en t d i r e c t o b l i g a t i o n s
O b l i g a t i o n s g u a r a n t e e d b y U n ite d S t a t e s G overn m en t
O b lig a tio n s o f S t a t e s and p o l i t i c a l s u b d iv is io n s
O t h e r b o n d s , n o t e s , and d e b e n t u r e s
C o r p o r a t e s t o c k s ( i n c l u d i n g F e d e r a l R e s e r v e Bank s t o c k )
RESERVES,

3 3 ,1 6 5 )
3 ,1 0 1 ,7 3 3
2 ,1 9 8 ,4 l 6
2 9 8 ,6 6 4

+

8 , 902,071
3 , 368,811
5 ,3 2 3 ,9 3 4

+
+

112,598

+ 1 5 ,8 3 9 ,3 5 7
+ 2 , 504,136
(+ 1 3 ,7 5 4 ,0 8 7
(8 5 3 .5 4 3
+
268,139
+
178,580

Due fro m own f o r e i g n b r a n c h e s
Bank p r e m is e s owned an d f u r n i t u r e and f i x t u r e s
O th e r r e a l e s t a t e owned
I n v e s t m e n t s an d o t h e r a s s e t s i n d i r e c t l y r e p r e s e n t i n g
o r o th e r r e a l e s ta te
C u s to m e r s 1 l i a b i l i t y on a c c e p t a n c e s
In co m e a c c r u e d b u t n o t y e t c o l l e c t e d
O th e r a s s e t s

+

4 3 8 ,0 9 4

+

14 , 806,900
1 , 150,110

+

202,058

“

2 1 4 ,5 4 9

♦ 1 ,9 9 4 .3 0 1
+
7 ,6 0 4

6, 448,205

R eserv e
w i t h F e d e r a l R e s e r v e B anks
C ash i n v a u l t
Demand b a l a n c e s w i t h banks i n U n ite d S t a t e s ( e x c e p t p r i v a t e
b an k s and A m e r ic a n b r a n c h e s o f f o r e i g n b a n k s )
O th e r b a l a n c e s w i t h b a n k s i n U n ite d S t a t e s
B a l a n c e s w i t h b an k s i n f o r e i g n c o u n t r i e s
C ash i t e m s i n p r o c e s s o f c o l l e c t i o n

1 0 1 ,4 4 6
4 ,7 1 8

2 5 ,7 6 6 ,3 0 9

CASH, AND BANK BALANCES

-

+
+
-

7 1 4 ,1 7 4
333
7 ,2 5 4

+

1 ,3 6 3

+

3 7 ,9 0 7

24,070
3 , 299,117
270
8 0 0 ,5 8 9

-

270,510
12,824

-

27,678

12,042
1 , 969,430

690,163
2,892

+

6 ,4 3 3

726,179
94

40,965

8 ,9 6 1

3 1 .5 6 1

b an k p r e m is e s
6 5 ,5 2 5
4 0 ,9 6 4
2 2 3 ,4 4 5
8 4 ,9 5 0

+
-

3 .4 9 0
£ ,0 9 9
5 4 ,7 1 6
7 ,6 2 9

8,673
1 0 ,2 8 4

27,680

+
+

7 ,1 2 8

♦ 9 ,5 5 l* ,5 1 5

■■ ,
* 17

9 6 ,5 6 9 ,2 3 9

+ 8 ,1 5 0 ,2 1 4

5 7 ,4 1 6 ,5 8 7
2 1 ,7 1 3 ,5 9 3
2 5 3 ,6 9 6

TOTAL ASSETS

-

+ 1 2 ,2 4 1 ,0 9 3
+ 6 , 660,530
+ 4 / 369,602
3 5 .9 7 2
+
239,216
+ 1 ,1 6 0 ,1 8 5
+
169,188

1 2 6 ,4 3 5 ,7 4 0

752,206

L I A B I L I T I E S
DEMAND DEPOSITS
I n d i v i d u a l s , p a r t n e r s h i p s , and c o r p o r a t i o n s
U n ite d S t a t e s G o v ern m en t:
W ar lo a n and S e r i e s E bond a c c o u n t s
O th e r
S t a t e s an d p o l i t i c a l s u b d i v i s i o n s
B anks i n U n ite d S t a t e s
B anks i n f o r e i g n c o u n t r i e s
C e r t i f i e d and o f f i c e r s ’ c h e c k s , c a s h l e t t e r s o f c r e d i t and
tr a v e le r s ’ ch eck s, e tc .

3 ,8 7 7 ,3 9 5

1 1 , 063,706
1 , 105,851

1 ,9 9 2 ,7 6 5
+ 9 ,5 6 4 .0 2 4
5 ,2 9 0
1 5 2 ,2 5 7
+
8 1 3 ,4 0 7
+
90,052

1 ,1 3 8 ,4 1 1

1 6 6 ,9 5 7

+

1 , 261,310

+

321,656
4, 861,432

2 0 ,1 9 0 ,3 3 8 )
4 8 2 ,9 1 7 )
158 , 651 )
4 2 2 ,4 0 6 )

I n d i v i d u a l s , p a r t n e r s h i p s , and c o r p o r a t i o n s :
S a v in g s d e p o s i t s
C e r t i f i c a t e s o f d e p o s it
C h r i s tm a s s a v i n g s an d s i m i l a r a c c o u n t s
Open a c c o u n t s
U n ite d S t a t e s G overn m en t
P o s t a l sa v in g s
S t a t e s an d p o l i t i c a l s u b d i v i s i o n s
B anks i n U n ite d S t a t e s
B anks i n f o r e i g n c o u n t r i e s

-

2 1 ,8 0 8 ,8 3 7

TIME DEPOSITS

+ 1 ,2 5 0 ,4 7 9

+

4 , 806,660

+

469
5 9 ,2 9 6
7 ,3 4 8

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

TOTAL DEPOSITS

1 1 8 ,3 7 8 ,0 7 6

Due t o own f o r e i g n b r a n c h e s
B i l l s p a y a b l e , r e d i s c o u n t s , and o t h e r l i a b i l i t i e s
A c c e p ta n c e s o u ts ta n d in g
D iv id e n d s d e c l a r e d b u t n o t y e t p a y a b le
In co m e c o l l e c t e d b u t n o t y e t e a r n e d
E x p e n s e s a c c r u e d an d u n p a id
O th e r l i a b i l i t i e s

1 9 6 ,2 3 3
5 1 ,8 9 7
4 8 ,8 3 3
4 5 ,7 6 1
3 9 ,1 4 0
3 1 8 ,7 2 9
81,21+ 8

f o r b o rro w e d money

TOTAL L IA B IL IT IE S

1 1 9 ,1 5 9 ,9 1 7
C A P I T A L

+
•
+
+

468
95
1 4 ,3 5 2
9 ,H 9
5*225

+ 9 ,4 1 1 ,5 2 4
+
+
+
-

1,707

+
+ 17 ,

13,801
2 3 3 ,2 2 7
7 ,5 2 1
1 9 ,0 2 3
570
3 0 ,5 6 5
1 6 ,7 1 1

♦
+
+
+

5,000
102,525
12,874
22,888
8,969
3 ,4 1 8
3 ,5 9 0

87, 078
3 3 ,0 9 8

+ 9 ,2 1 6 ,8 8 4

+ 1 7 ,1 7 1 ,9 7 8

+
+

+
+
+
+

9 4 ,1 7 2
3 0 3 ,1 3 0
1 3 9 ,6 6 3
4 3 ,2 6 3

+

580,228

A C C O U N T S

C a p ita l
S u r p lu s
U n d iv id e d p r o f i t s
O th e r c a p i t a l a c c o u n t s

2 ,5 3 5 ,8 1 5
3 ,1 5 9 ,4 6 3
1 , 106,511
4 7 4 ,0 3 4

7 , 275,823

TOTAL CAPITAL ACCOUNTS
TOTAL L IA B IL IT IE S AND CAPITAL ACCOUNTS

1 2 6 ,4 3 5 ,7 4 0

+

5 1 ,6 5 9
7 5 .1 4 8
5 .5 5 1
1 6 ,3 7 5

+

1 3 7 ,6 3 1

-

+ 9 ,3 5 4 ,5 1 5

+ 1 7 , 7 5 2 ,206

1 ,8 5 8 ,2 4 4
2 ,0 4 1 ,4 6 9
17

+ 7 .9 0 7 ,1 8 7
+ 7 ,3 0 4 ,2 6 9
+
67

M E M O R A N D A
N e t demand d e p o s i t s s u b j e c t t o
Demand d e p o s i t s a d j u s t e d
Number o f b an k s




65, 110,503

reserv e
5 9 ,1 3 3 ,2 7 6

-

6 , 81+0
- 1 - (over)

+

ASSETS AND LIABILITIES OF MEMBER BANKS ON JUNE 30, 1945. BY CLASS OF BANK
(Amounts in thousands of dollars)

All
member
banks

Central reserve oity
member banks
New York
Chicago

Reserve
city
member
banks

Country
member
banks

A S S E T S
LOANS AND INVESTMENTS
Loans (including overdrafts)
United States Government direct obligations
Obligations guaranteed’by United States Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks (including Federal Reserve Bank
stock)
RESERVES, CASH, AND BANK BALANCES
Reserve ?dth Federal Reserve Banks
Cash in vault
Demand balances with banks in United States (except
private banks and American branches of foreign
banks)
Other balances with banks in United States
Balances with banks in foreign countries
Cash items in prooess of collection

9 9 ,4 2 6 ,0 1 0

20, 587,878
73 , 206, 1 5 k
3 3 ,1 6 5
3 ,1 0 1 ,7 3 3

2 , 198. 1+16
298, 661*

25 , 756,332
7 , 069,166

5 ,7 2 9 ,6 7 7

3 6 ,5 7 2 ,2 8 5

3 1 ,3 6 7 ,7 1 6

1 7 ,4 8 9 ,8 6 7

1 ,2 4 9 ,6 0 9
4 ,1 3 0 ,1 5 2

24, 073,012
21,426

5 6 6 ,6 4 5
5 3 5 .1 4 7

1 5 4 ,1 5 3
1 8 1 ,6 7 4

7 ,1 5 4 ,8 7 3
2 7 ,5 1 3 ,1 2 3
1 0 ,0 9 1
1 , 100,253

1,648

—

TOTAL ASSETS

1 ,2 8 0 ,6 8 2

801,540
76,826

9 3 ,8 5 9

1 4 ,0 8 9

1 1 3 ,8 9 0

2 5 .7 6 6 ,3 0 9

4 ,7 6 2 ,1 6 4

1 0 ,1 2 8 ,3 1 7

9 ,5 3 9 ,2 2 0

14 , 806,900
1 , 150,110

3 ,8 7 9 ,4 1 1
8 9 ,3 1 9

1 , 336,608
928,815

5 , 881,965

3 2 ,5 9 4

3 9 5 ,7 2 9

4 ,1 1 6 ,7 0 9
6 3 2 ,4 6 8

6 ,4 4 8 ,2 0 5

60,232
3,600
13,760

1 7 8 ,4 1 2

3 7 .9 0 7

3 ,2 9 9 ,1 1 7

7 1 5 .8 4 2

2 ,0 1 3 ,1 2 9
1 6 ,0 1 9
7 ,3 0 3
1 ,8 1 4 ,1 7 2

2l+,070

1 .5 2 5
1 ,1 8 4
1 9 4 ,0 7 8

270

270

8 0 0 ,5 8 9

27,678

1 7 5 .9 2 3
5 ,3 5 3

6 5 .5 2 5
4 0 ,9 6 4
2 2 3 ,1 4 4 5
8 4 ,9 5 0

4 ,3 4 7
2 4 ,2 5 7
7 1 ,9 5 4
1 1 ,9 3 5

1 ,4 7 0
1 6 ,9 9 4

1 2 6 ,4 3 5 ,7 4 0

Due from own foreign branches
Bank premises owned and furniture and fixtures
Other real estate owned
Investments and other assets indirectly representing
bank premises or other real estate
Customers’ liability on acceptances
Income accrued but not yet collected
Other assets

6 8 0 ,0 5 5

5 .1 1 4 .2 3 0

4 , 196,432

16,763
1,823
5 7 5 ,0 2 5

—

—

—

1 6 ,4 1 9

2 7 3 ,0 6 9
1 0 ,5 7 7

3 3 5 ,1 7 8
1 1 ,7 4 8

—

210

4 7 ,5 8 0

1 3 ,3 8 8

2,301

9 3 ,4 9 1
4 1 ,5 3 8

41,006
29,176

3 0 ,8 1 2 ,5 3 5

7 , 103,679

4 7 ,1 8 0 ,0 5 7

4 1 ,3 3 9 ,4 6 9

13,200

2 ,0 3 7

L I A B I L I T I E S
DEMAND DEPOSITS
Individuals, partnerships, and corporations
United States Government* War loan and Series E
bond acoounts
Other
States and political subdivisions
Banks in United States
Banks in foreign countries
Certified and officers' checks, cash letters of
credit and travelers’ checks, etc.

96, 569,239

27 , 238,082

6 ,0 3 8 ,4 5 4

3 5 ,7 5 1 ,1 2 6

2 7 ,5 4 1 ,5 7 7

5 7 ,4 1 6 ,5 8 7

1 4 ,7 8 8 ,7 3 5

3 , 123,646

2 0 ,5 5 8 ,9 4 4

18 , 945.262

1 ,4 9 3 ,6 8 9
4 ,9 4 6
1 9 3 ,4 1 1
1 ,1 7 4 ,3 8 2
1 8 ,9 6 4

7 ,5 6 3 .3 5 9
9 1 ,4 4 2
1 ,5 1 5 ,6 1 5
5 ,5 1 0 ,4 1 5
8 9 ,7 9 9

5 ,0 7 4 ,5 9 4
1 2 0 ,8 1 4
1 ,9 3 9 ,4 1 4
1 , 107,529
7 ,9 3 1

1 ,1 3 8 ,4 1 1

3 4 1 ,4 1 0

2 9 ,4 1 6

4 2 1 ,5 5 2

3 4 6 ,0 3 3

TIME DEPOSITS
Individuals, partnerships, and corporations*
Savings deposits
Certificates of deposit
Christmas savings and similar acoounts
Open accounts
United States Government
Postal savings
States and political subdivisions
Banks in United States
Banks in foreign countries

2 1 ,8 0 8 ,8 3 7

1 ,1 2 5 ,4 1 5

6 6 3 ,3 5 5

8 ,7 6 3 ,8 5 1

1 1 , 256,216

20, 190,338

7 9 3 .0 8 9
7 ,2 0 8

6 2 7 ,4 7 4
3 1 ,8 6 3
1 ,3 5 0
2 ,0 1 6

8 ,3 3 8 ,2 3 9

1 0 ,4 3 1 .5 3 6
3 8 5 ,5 1 7
1 1 1 ,1 4 5
5 2 ,7 4 4
5 1 ,5 5 7
2 ,8 4 2
2 0 6 ,9 8 9

3 .8 7 7 ,3 9 5

1 1 , 063,706
1 , 105,851

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

7 ,5 8 1 ,9 5 1
3 6 ,4 9 4
2 2 8 ,9 5 5
3 , 271,380
9 8 9 ,1 5 7

9 ,7 8 3

272,076
8 ,3 8 4

—
1 9 ,0 0 4

1,021

1 4 ,8 5 0

118 , 378,076

TOTAL DEPOSITS
Due to own foreign branches
Bills payable, rediscounts, and other liabilities
for borrowed money
Acceptances outstanding
Dividends declared but not yet payable
Income collected but not yet earned
Expenses accrued and unpaid
Other liabilities
TOTAL LIABILITIES
C A P I T A L

2 1 ,7 1 3 ,5 9 3
2 5 3 ,6 9 6

2 8 ,3 6 3 ,4 9 7

1 9 6 ,2 3 3

1 8 8 ,9 5 8

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

40,000

—
—

650

58,329
3 6 ,3 7 3
9 5 .5 6 8
3 7 .9 4 8
791

165,580
2 9 ,5 2 3

—
—

13,886

4 4 ,5 1 4 ,9 7 7

3 8 ,7 9 7 ,7 9 3

1,500

6 ,7 0 1 ,8 0 9
—

7 ,2 7 5

_

3,000

—
—

8 ,8 9 7

1 6 ,4 8 3

2,106

1 8 ,9 5 0
1 2 4 ,5 8 3
2 9 ,5 5 4

12,102

3 1 ,5 1 3

1 ,5 2 9
1 ,2 3 4
1 ,8 1 9
2 8 ,4 3 6
6 ,4 2 4

5 5 ,8 9 2
1 3 ,7 5 7

1 1 9 ,1 5 9 ,9 1 7

2 8 ,7 8 9 ,7 3 0

6 ,7 4 1 ,2 5 1

4 4 ,7 2 9 ,8 3 0

38, 899,106

2 ,5 3 5 ,8 1 5
3 ,1 5 9 ,4 6 3
1 , 106,511

588,140
1 , 017,825
323,057

8 5 9 ,5 8 1

9 5 6 ,5 9 4
9 3 2 ,6 3 8
4 0 8 ,1 8 1
1 4 2 ,9 5 0

81,248

2 8 ,7 1 5

20,960
6,269
109,818

15,008

8 ,5 5 9

A C C O U N T S

Capital
Surplus
Undivided profits
Other capital accounts
TOTAL CAPITAL ACCOUNTS
TOTAL LIABILITIES AND CAPITAL ACCOUNTS

131,500
'1 4 6 ,3 5 0
3 9 .5 0 0
4 5 ,0 7 8

1 , 062,650
3 3 5 .7 7 3
1 9 2 ,2 2 3

4 7 4 .0 3 4

9 3 ,7 8 3

7 , 275.823

2 , 022,805

2 ,4 4 0 ,3 6 3

3 0 ,8 1 2 ,5 3 5

362,428
7 , 103,679

2 ,4 5 0 ,2 2 7

1 2 6 ,4 3 5 ,7 4 0

4 7 ,1 8 0 ,0 5 7

4 1 ,3 3 9 ,4 6 9

65, 110,503
5 9 ,1 3 3 ,2 7 6

18 , 880,057
1 4 ,6 4 3 .2 5 8

6,840

4 ,1 7 2 ,5 3 8
3 ,1 5 2 ,3 9 5

24, 360,866
2 0 ,6 8 1 ,9 3 9

37

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

M E M O R A N D A
Net demand deposits subject to reserve
Demand deposits adjusted
Number of banks




- 2 - (over)

12

360