Annual Report of the Comptroller of the Currency 1925

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ANNUAL REPORT OF THE Comptroller of the Currency DECEMBER 11, 1925 WASHINGTON GOVERNMENT PRINTING OFFICE 1926 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Transcript of Annual Report of the Comptroller of the Currency 1925

Page 1: Annual Report of the Comptroller of the Currency 1925

ANNUAL REPORT OF THE

Comptroller of the Currency

DECEMBER 11, 1925

WASHINGTON

GOVERNMENT PRINTING OFFICE

1926

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TREASURY DEPARTMENT

Document No. 2965Comptroller of the Currency

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TABLE OF CONTENTS

PageSubmission of the reports._-„ „.... _ .« . - - . 1General conditions . - _ . . 1Legislation recommended ._ . - . . . _ 1National bank failures . 5Bank failures other than national- 8Public debt, United States bonds, national bank, and other circulation

June 30, 1925 8United States circulation bond transactions year ended October 31,1925. 9Redemption of national and Federal reserve bank circulation June 30t

1925_ . . . . ... . . 11National banks of issue April 6, 1925 . « 12Profit on national bank circulation 12Organization and liquidation of national banks year ended October 31,

1925, and since establishment of the system— 13Domestic branches of national banks, list of - 14National banks, with number of additional local offices and dates of ap-

proval of their establishment, October 31, 1925..-- - 16Condition of national banks at date of each report called for during year

ended October 31, 1925 . . . . . . . . 19Condition of national banks September 28, 1925:

Comparison of principal items of resources and liabilities of 20Principal items of resources and liabilities of, by States 22

National bank liabilities on account of bills payable and rediscounts sinceDecember 31, 1924 . 24

Loans and discounts of national banks June 30, 1925:Statement relative to - . . „ 25Classification of, for the last three fiscal years „ . 25Classification of, by reserve cities and States 26Comparative statement of, for the last three fiscal years, banks in

central reserve and other reserve cities, all reserve cities and else-where..™ 32

Comparative changes in demand and time deposits, loans and discounts,United States Government and other bonds and securities7 and theamount of lawful reserve of national banks since June 30, 1921 32

United States Government securities held by national banks in reservecities and States June 30, 1925:

Classification of, by reserve cities and States „ 33, 34Investments of national banks:

Comparison of, years ended June 30, 1924-25 36United States Government, domestic, and foreign bonds, securities, etc.,

owned by national banks June 30, 1925:Classification of, by reserve cities and States . 37

Savings depositors and deposits in national banks June 30, 1925:Statement showing, by reserve cities and States, number of banks

reporting savings deposits, number of banks maintaining separatesavings departments, number of sayings depositors, amount ofsavings deposits, and average rate of interest paid . 42

Per capita individual and savings deposits in all reporting banks June 30,1925:

Statement showing, by States, approximate population, individualdeposits, per capita individual deposits, savings deposits, and percapita savings deposits „ » . - _-_ 44, 45

Earnings, expenses, and dividends of national banks, year ended June 30,1925:

Statement relative to 46Comparison of, years ended June 30, 1924-25 . . 47Abstract of, by reserve cities and States, June 30, 1925 48Abstract of, by Federal reserve districts, June 30, 1925 56

in

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TV CONTENTS

Page.National bank investments in United States Government and other

bonds and securities, etc., loans and discounts and losses charged offon account of bonds and securities and loans and discounts, yearsended June 30, 1918 to 1925 58

Number of national banks, capital, surplus, dividends, net addition toprofits, and percentage ratios, years ended June 30, 1914 to 1925 58

National banks classified according to capital stock June 30, 1925:Statement relative to and classification of 58

National bank examiners, list of October 31, 1925 59Convictions of national bank officers and others for violations of the

national banking laws during the year ended October 31, 1925, list of__ 65, 66Federal reserve system:

Statement relative to, year ended October 28, 1925 69Resources and liabilities of, at end of each month, November, 1916 to

1920, and October, 1921 to 1925 70Principal assets and liabilities of Federal reserve banks at the close

of each month from January 28, 1921, to October 28, 1925 71Percentage of bills discounted secured by United States Government

obligations to total bills discounted and purchased by Federalreserve banks at the end of each month, year ended October 31,1925 72

Federal reserve bank discount rates in effect October 31, 1925 72Discount rates prevailing in Federal reserve bank and branch cities, weeks

ended October 1.5, 1924, and September and October 15, 1925 73Rates for money in New York:

Range of, monthly in the year ended October 31, 1925__ 74, 75Comparison of range of, annually from January, 1916, to October 31,

1925 - 76New York clearing house:

Transactions of, year ended September 30, 1925 77Clearing-house associations in the 12 Federal reserve bank cities, and else-

where year ended September 30, 1925 77Banks, other than national, June 30, 1925:

State (commercial) banks, statement and summary relative to 77Loan and trust companies, statement and summary relative to 79Principal items, of resources and liabilities of loan and trust companies

in June of each year, 1914 to 1925 81Stock savings banks, statement and summary relative to 81Mutual savings banks, statement and summary relative to 83Depositors and deposits in mutual and stock savings banks, by States,

June 30, 1924 and 1925 85-87Number of sayings banks (mutual and stock), number of depositors,

amount of individual deposits, and average amount due each de-positor in years ended June 30, 1914 to 1925 88

Private banks, statement and summary relative to 88All reporting banks other than national, statement and summary

relative to 90Resources and liabilities of each class of 92Principal items of resources and liabilities of, on or about June 30,

1920 to 1925 , 92Resources and liabilities of all reporting banks, June 30, 1925:

Statement relative to, and abstract by States 93, 94Condensed statement of 104Individual deposits in, classification of 105Years ended June 30, 1920 to 1925 106Assets and liabilities of, including Federal reserve banks 106Cash, classification of, held by_ 107

Money in the United States:Stock of, June 30, 1925, statement relative to 108Stock of, years ended June 30, 1914 to 1925 108United States circulation statement, July 1, 1925 109

Imports and exports of merchandise, gold and silver, calendar years 1914to 1924, and from January 1 to September 30, 1925 110

Banking power of the United States, June 30, 1925:Classification of 110, 111

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CONTENTS

Banks in the District of Columbia:Number, capital, individual deposits, and aggregate resources of,

June 30, 1925 „ 111Earnings, expenses, and dividends of banks other than national in,

statement relative to and comparison of, in years ended June 30,1924-25 . 112,113

Building and loan associations in the District of Columbia:Statement relative to, in the year ended June 30, 1925- „ 113Number of, loans, installments on shares, and aggregate resources,

years ended June 30, 1909 to 1925 114Building and loan associations in the United States:

Statistics relating to, in. the year 1924-25 114,115Monetary stocks in the principal countries of the world:

Statistics relating to, at the end of the calendar year 1924 115Federal land banks, condition of, September 30, 1925 120Joint-stock land banks, condition of, September 30, 1925 121Federal intermediate credit banks, condition of, September 30, 1925 122National agricultural credit corporations:

Provisions of the law authorizing incorporation of 123Report of first association organized 127

United States postal savings system:Statistics relating to activities of, years ended June 30, 1924-25 127

School savings banks:Statistics relative to, in each State, in the school year 1924-25__ 132

Savings banks in principal countries of the world:Statistics relative to, as of various dates 133

Resources of leading foreign banks of issue:Statement relative to, on or about June 30, 1925 136

Expenses of the Currency Bureau:Summary of, in the fiscal year ended June 30, 1925 137

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APPENDIX

Digest of decisions relating to national banks . * _ 141

TABLES

No. 1. Comptrollers and Deputy Comptrollers of the Currency 183No. 2. Names and compensation of officers and clerks in the office of the

Comptroller of the Currency, October 31, 1925 183No. 3. Number of national banks organized since February 25, 1863;

number passed out of the system, and number in operationOctober 31, 1925 1 185

No. 4. Authorized capital stock of national banks on the 1st day of eachmonth from January 1, 1914, to November 1, 1925, bonds ondeposit to secure circulation, circulation secured by bonds, law-ful money on deposit to redeem circulation, and national-banknotes outstanding : : 186

No. 5. National banks reported in liquidation from November 1? 1924, toOctober 31, 1925, names (where known) of succeeding banksin cases of succession, with date of liquidation and capital 188

No. 6. Capital stock, surplus, undivided profits, and aggregate resourcesof national banks consolidated under act of November 7, 1918,for year ended October 31, 1925, as shown by their last reportsof condition prior to consolidation 192

No. 7. National banks consolidated under act of November 7, 1918, theircapital, surplus, undivided profits, and aggregate assets, yearended October 31, 1925 . 193

No. 8. Number and capital of State.banks converted into national bank-ing associations in each State and Territory, from 1863 toOctober 31, 1925 193

No. 9. Conversions of State banks and primary organizations as nationalbanks since March 14, 1900, to October 31, 1925 194

No. 10. Number of national banks increasing their capital, together withwith the amount of increase monthly, for years ended October31, since 1921 _" 194

No. 11. Number and authorized capital of national banks chartered andthe number and capital stock of banks closed in each, yearended October 31, since 1913, with the yearly increase or de-crease 194

No. 12. Number of national banks organized, consolidated under act ofNovember 7, 1918, insolvent, in voluntary liquidation, and inoperation on October 31, 1925 195

No. 13. Changes of corporate title of national banks, year ended October31,1925 196

No. 14. Changes of title incident to consolidations of national banks, yearended October 31, 1925 197

No. 15. National banks chartered during the year ended October 31, 1925_ 197No. 16. National banks, by States and geographical divisions, organized,

failed, and reported in voluntary liquidation during the yearended October 31, 1925 202

No. 17. Number and classification of national banks chartered monthlyduring the year ended October 31, 1925 203

No. 18. Classification of national banks, by reserve cities and States,according to capital stock, June 30, 1925 204

No. 19. United States bonds on deposit to secure circulating notes ofnational banks in years ended October 31, from 1900 to 1925-_ 214

No. 20. Profit on national-bank circulation, based upon deposit of $100,000United States consols of 1930, etc., for each month during theyear ended October 31, 1925 215

No. 21. Investment value of United States bonds and Panama Canalbonds, 4's of 1925 and 2's of 1930 216

No. 22. United States bonds, monthly range of prices in New York, No-vember, 1924, to October, 1925_ 216

VI

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APPENDIX VII

PageNo. 23. Number, capital stock, and circulating notes outstanding of na-

tional banks in each State issuing circulation, and number andcapital stock of banks not issuing circulation, December 31,1924, and April 6, 1925 - 213

No. 24. Number, capital stock, and circulating notes outstanding of na-tional banks in each Federal reserve district, issuing circulationand number and capital stock of banks not issuing circulation,December 31, 1924, and April 6, 1925 220

No, 25. National-bank notes issued, redeemed, and outstanding, by de-nominations, and amounts, on October 31, in each year from

. 1914 to 1925, inclusive 222No. 26. National-bank currency issued to banks monthly, from November

1, 1924, to October 31, 1925, and since 1863 223No. 27. National-bank notes received monthly for redemption by the

Comptroller of the Currency, during year ended October 31,1925" 223

No. 28. National-bank notes received at Currency Bureau and destroyedyearly since establishment of the system 224

No. 29. National-bank notes issued and destroyed, etc., account of active,insolvent, and liquidated banks, years ended October 31, 1914to 1925 224

No. 30. Amount, denomination, and cost of national-bank currency re-ceived from Bureau of Engraving and Printing, year endedOctober 31, 1925 225

No. 31. Vault account of currency received and issued by Currency Bu-reau during the year, and the amount on hand October 31, 1925_ 225

No. 32. Vault account of currency received and destroyed during yearended October 31, 1925 225

No. 33. Amount of currency received for redemption, by months, duringthe year ended June 30, 1925, and counted into the cash ofthe National Bank Redemption Agency 225

No. 34. Amount of currency received by National Bank RedemptionAgency for redemption during year ended June 30, 1925, fromprincipal cities and other sources 226

No. 35. Classification of national and Federal reserve currency redemp-tions, the amount of each class redeemed, the rate per $1,000,and the amount assessed on account of expenses, year endedJune 30, 1925 ' 226

No. 36. Cost of redemption of Federal reserve and national currency foryear ended June 30, 1925 226

No 37. Taxes assessed on national-bank circulation, years ended June 30,1864, to 1925; cost of redemption 1874 to 1925; cost of platesand examiners' fees, 1883 to 1925 227

No. 38. Federal reserve notes outstanding according to weekly statement(amount issued by Federal reserve agents to the banks, less"unfit" notes returned for redemption), amount secured bygold, and amount secured by commercial and other eligiblepaper, from Movember 5, 1924, to October 28, 1925 228

No. 39. Federal reserve notes printed, issued to banks, retired, and de-stroyed since organization of the banks, with the balance invaults and amount outstanding October 31, 1925 229

No, 40 Aggregate amount of Federal reserve bank notes printed, issued,canceled, and redeemed, by denominations, since the inaugu-ration of the Federal reserve system, and amount on hand andoutstanding October 31, 1925 230

No. 41. Taxes assessed on Federal reserve bank currency, cost of redemp-tion, and cost of plates for years ended June 30, 1915, to 1925 230

No. 42. National banks in charge of receivers year ended October 31,1925, capital and surplus at date of organization and at dateof failure, causes of failure, dividends paid while solvent, andcirculation outstanding, etc 231

No. 43. National banks in charge of receivers year ended October 31,1925, dates of organization, appointment of receiver and closing,with amounts of nominal and additional assets, amounts col-lected from all sources, loans paid, and losses on assets, etc _ 240

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PageNo. 44. National banks restored to solvency after having been placed in

charge of receivers 260No. 45. Dividends paid to creditors of insolvent national banks during

the last year, with the total dividends in each case, up toNovember 1, 1925 261

No. 46. Dates of reports of condition of national banks from 1914 to 1925- 266No. 47. Condition of foreign branches of National City Bank and Chase

National Bank, New York, N. Y., and First National Bank,Boston, Mass., June 30, 1925 267

No. 48. Number, capital stock paid in, circulation outstanding, andaggregate assets of national banks at date of each report fromJanuary 13,1914, to September 28,1925, money in the UnitedStates, etc 271

No. 49. Abstract of resources and liabilities of national banks in NewYork, in the two central reserve cities, in other reserve cities,elsewhere, and the aggregate, at close of business Septem-ber 28, 1925 272

No. 50. Classification of loans by national banks in central reserve cities,etc., at date of midsummer report, June 30, 1920, to June 30,1925 274

No. 51. Classification of deposits of national banks in reserve cities andStates, at date of each report during year ended September 28,1925 277

No. 52. Cash in vaults of national banks in reserve cities and States, at dateof each report during year ended September 28, 1925 293

No. 53. Circulation of national banks in reserve cities and States, at dateof each report during year ended September 28, 1925 301

No. 54. Gold, silver, coin certificates, legal tenders, and other currencyheld by national banks at date of each report from January 13,1914, to September 28, 1925 305

No. 55. Specie held by national banks in the city of New York at date ofeach report from January 13, 1914, to September 28, 1925 308

No. 56. Reserve held by national banks at date of each report fromSeptember 11, 1917, to September 28, 1925 310

No. 57. Reserve computation of national banks in reserve cities andStates at date of each report during year ended September 28,1925 1 311

No. 58. Aggregate resources and liabilities of national banks at date ofeach report from January 13, 1914, to September 28, 1925 319

No. 59. Abstract of reports of condition of national banks in reservecities and States at date of each report during year endedSeptember28, 1925 333

No. 60. Abstract of reports of condition of national banks in each Federalreserve district at date of each report during year ended Sep-tember 28,1925 449

No. 61. Classification of loans, investments, and deposits of nationalbanks in June of each year, 1914 to 1925, inclusive 457

No. 62. Principal items of resources and liabilities of national banksarranged alphabetically by counties in each State, April 6,1925 460

No. 63. Principal items of resources and liabilities of national banksarranged alphabetically by counties in each State, by Federalreserve districts, April 6, 1925 520

No. 64. Abstract of reports of savings and State banks in the District ofColumbia at date of each report during year ended Septem-ber 28, 1925 584

No. 65. Abstract of reports of loan and trust companies in the District ofColumbia at date of each report during year ended Septem-ber 28, 1925 585

No. 66. Principal items of resources and liabilities of each savings andState bank in the District of Columbia, September 28, 1925__ 586

No. 67. Principal items of resources and liabilities of each loan and trustcompany in the District of Columbia, September 28, 1925 588

No. 68. Principal items of resources and liabilities of loan and trustcompanies in the District of Columbia on or about October 1,1914 to 1925 589

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APPENDIX IX

PageNo. 69. Principal items of resources and liabilities of savings and State

banks in the District of Columbia on or about October 1,1914 to 1925 589

No. 70. Summary of resources and liabilities, receipts and disbursementsof building and loan associations in the District of Columbiafor the six months' period ended on or about December 31,1924 . 590

No. 71. Summary of resources and liabilities, receipts and disbursementsof building and loan associations in the District of Columbiafor the six months' period ended on or about June 30, 1925 591

No. 72. Abstract, by States, of resources and liabilities of State (commer-cial) banks, June 30, 1925 592

No. 73. Abstract, by States, of resources and liabilities of loan and trustcompanies, June 30, 1925 600

No. 74. Abstract, by States, of resources and liabilities of stock savingsbanks, June 30, 1925 608

No. 75. Abstract, by States, of resources and liabilities of mutual savingsbanks, June 30, 1925 .---.-.-.- - 6 1 2

No. 76. Abstract, by States, of resources and liabilities of private banks,June 30, 1925 616

No. 77. Abstract, by States, of resources and liabilities of all reportingbanks other than national, June 30, 1925 620

No. 78. Abstract, by States, of resources and liabilities of national banks,June 30, 1925 628

No. 79. Aggregate resources and liabilities of State (commercial) banks,June, 1921 to 1925 636

No. 80. Aggregate resources and liabilities of loan and trust companies,June, 1921 to 1925 636

No. 81. Aggregate resources and liabilities of stock savings banks, June,1921, to 1925 637

No. 82. Aggregate resources and liabilities of mutual savings banks, June,1921, to 1925 637

No. 83. Aggregate resources and liabilities of private banks, June, 1921 to1925 638

No. 84. Gold, silver, etc., held by banks other than national, June, 1914to 1925, inclusive 638

No. 85. Chartered banks of Canada, condition of, September 30, 1925 639No. 86. Chartered banks of Canada, monthly statement showing principal

items of resources a id liabilities, year ended September 30,1925 639

No. 87. Comparative statemen; of the transactions of the New YorkClearing House in ea( h year ended September 30, 1854 to 1925_ 640

No. 88. Comparative statemen of the clearings, etc., of the New YorkClearing House, year i ended September 30, 1925 and 1924 641

No. 89. Exchanges, balances, percentages of balances to exchanges, andpercentages of funds ised in settlement of balances by the NewYork Clearing House in each year, 1893 to 1925, inclusive 641

No. 90. Comparative statement, of the exchanges of the clearing housesof the United States for years ended September 30, 1925 and1924 642

No. 91. Comparative statement of transactions of clearing-house associa-tions in the 12 Federal reserve bank cities and in other citieswith transactions of $1,000,000,000 and over in years endedSeptember 30, 1925 and 1924 1 645

No. 92. Number and liabilities of State, private and national banks, whichfailed in each State, year ended June 30, 1925 646

No. 93. Number, assets, and liabilities of State (commercial) savingsbanks, loan and trust companies, private and national bankswhich failed in years ended June 30, 1914, to June 30, 1925- __ 648

No. 94. Showing individual statements of resources and liabilities ofeach national bank (States, Territories, and towns arrangedalphabetically) at close of business September 28, 1925, isomitted from this report and published as a separate table.

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REPORTOF THE

COMPTROLLER OF THE CURRENCY

TREASURY DEPARTMENT,OFFICE OF THE COMPTROLLER OF THE CURRENCY,

Washington, December 11, 1925,DEAR SIR: I have the honor to submit the following annual report,

in accordance with the provision of section 333, of the United StatesRevised Statutes, covering activities of the Currency Bureau, in theyear ended October 31, 1925. This is the sixty-third report madeto the Congress since the organization of the bureau.

GESTEEAL CONDITIONS

The continued upward trend of business, generally, is reflected inthe increasing volume of clearings, rising to over $505,299,000,000in the year ended September 30, 1925, about $62,605,000,000 higherthan during the prior year. In the same period loans and discountsof national banks increased from $12,210,000,000 to $13,134,000,000,total loans and investments from $17,844,000,000 to $19,105,000,000,and aggregate resources from $23,323,000,000 to $24,570,000,000.From statements relative to State incorporated banks, an evengreater development is shown.

The gross earnings of national banks in the year ended June 30,1925, were $1,124,000,000 and exceeded by $49,000,000 gross earn-ings for the prior year, net earnings, after payment of all expenses,were $365,000,000 compared with $343,000,000 in the precedingyear, total losses charged off were $141,000,000, a reduction of$6,000,000 and net addition to profits, after charging off ail losses,amounted to $224,000,000 exceeding by $28,000,000 the amount in1924. Dividends declared by these banks to the amount of $165,-000,000 exceeded the amount in the previous year by $1,000,000and were equal to 6.63 per cent on their capital and surplus.

kECHSLATIQIff RECOMMENDED

In the last two annual reports of the Comptroller of the Currencymy predecessor strongly recommended certain amendments to thenational banking laws, the purpose of which was to improve theoperating powers of national banks in several particulars to the endthat the national banking system might be able to meet the modernrequirements for banking services. These recommendations formedthe substance of the bill H. It. 8887, Sixty-eighth Congress, second

1

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2 REPORT OF THE COMPTROLLER OF THE CURRENCY

session, which passed the House by a large majority but whichfailed to be reached in the Senate.

The principal features of this bill and the reasons in detail whyeach proposed amendment is necessary are set forth in the reportsof the Comptroller of the Currency for 1923 and 1924. I mosturgently recommend the prompt reintroduction and enactment ofthis legislation.

The bill as it passed the House contained certain provisions (em-bodied in sec. 9) which in effect would prohibit the further spreadof State-wide branch banking within the Federal reserve system.Under them it would be unlawful for State member banks to estab-lish branches outside of the city in which the parent bank is located,and nonmember banks having such outside branches *could becomemembers only upon the condition that they relinquish such branches.These provisions follow the recommendations made by the Comp-troller of the Currency for the past two years. These recommenda-tions were based upon the assumption, in the first place, that State-wide branch banking is wrong in principle and that as a nationalpolicy the national banks should not be permitted to engage therein,and in the second place upon the absolute necessity of protectingthe national bank members of the Federal reserve system from theencroachment of this form of branch banking within the Federal re-serve system itself. With this position I am in complete accord.The national banks in those communities where State member banksof the Federal reserve system are now engaged in state-wide branchbanking have found themselves in an intolerable situation. Thisform of branch banking in the United States is a recent developmentand has made headway in only a few localities. The enactment ofthe provision above referred to would have a strong tendency towardrestoring the equilibrium between the State and national bankswithin the Federal reserve system in branch banking territory andwould undoubtedly have the further effect of preserving the stabilityand permanence of the Federal reserve system itself.

I t is a misnomer to call this bill a branch banking bill. Themeasure proposes to amend the national banking laws in some 18particulars, only 4 of which relate in any way to branch banking.The other provisions of the bill, such as the authority to lend one-halfof the savings deposits upon the security of first mortgages upon im-proved real estate, the authority to hold their charter powers for anindeterminate period subject to the will of Congress, the regulationof the investment security business, and other provisions of thismeasure will enable the national banks to carry on a modern bankingbusiness along the lines already approved by many State laws. Theamendments proposed in the bill have had a most thorough and expertinvestigation and analysis and have been reduced to the minimum.They are based upon sound principles of banking. Their enactmentinto law would enable all national banks to meet more readily thecompetition from State banks and trust companies which have fora number of years had the authority to do what it is now proposed toconfer upon the national banks. This proposed legislation has theapproval generally of the banking fraternity.

Apart from the question of the restrictions upon branch bankingproposed by section 9 of the House bill, which section was strickenout by the Senate Committee on Banking and Currency, that com-

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REPORT OF THE COMPTROLLER OF THE CURRENCY 3

mittee in reporting the bill to the Senate proposed a number of valu-able amendments to the House measure. While practically no newsubstantive legislation was proposed in these amendments, theynevertheless had the effect of giving greater clarity and precision tothe provisions of the bill. The Senate committee also restored tothe bill a number of proposed provisions which would penalize thecommission of crimes against member banks of the Federal reservesystem and against national banks in particular. These provisionswere included in the bill as reported to the House but were strickenout on the floor. I t is recommended that serious consideration begiven to the question of including these criminal provisions in the bill.

The need for the immediate enactment of this proposed legislationis greater now than ever. Not only has there been a continuance ofserious withdrawals, but many national banks have become restiveon account of being compelled to operate under certain archaic pro-visions of the national bank act. They prefer to remain nationalbanks, but in the final analysis the attractiveness of a modern Statecharter may prove controlling. The number of losses of nationalbanks to the various State systems within the past two years is formid-able enough to arouse the serious attention of the Government of theUnited States. Many of these banks had been in the national sys-tem for more than 50 years.

From October 21, 1923, to October 17, 1925, 166 national banksleft the national system to engage in the banking business underState charter. These carried with them total resources of $566,600,-000. They include 25 national banks in California, with total re-sources of $136,000,000; 9 national banks in Illinois, with totalresources of $128,000,000; 6 national banks in New York, with totalresources of $121,000,000; 8 national banks in Ohio, with total re-sources of $54,000,000; 25 national banks in Oklahoma, with totalresources of $10,000,000; 13 national banks in Pennsylvania, withtotal resources of $22,000,000, and a scattered number of banks inall of the other States.

In comparison with these figures consideration may properly begiven to the question of the conversion of State banks, into nationalbanks during the last two years. The total number of such conver-sions was 113, with total resources of $245,000,000. The number ofnational banks entering the State systems being 166, with total re-sources of $566,600,000, there was a net loss to the national systemin numbers of 53 banks and a net loss in resources of $321,600,000.However, of these State banks converting into national banks at-tention must be called to the fact that 64 of them, with total resourcesof $38,000,000, were located in the State of Texas. They convertedinto national banks en masse in order to escape the operations ofthe State guaranty of deposit laws. This is an abnormal develop-ment and should the State law be favorably amended, undoubtedlymany of these banks will return to the State system. Outside ofTexas, only 49 State banks during the past two years converted intonational banks. These had total resources of $207,000,000; 4 ofthese were banks in New York Citv, with total resources of $131,800,-000. Deducting the resources of the 4 New York banks and theTexas banks the aggregate resources of converting State banks inall other parts of the Union were $74,800,000.

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4 BEPOET OF THE COMPTROLLER OE THE CURRENCY

The above figures, however, do not tell the whole story. I t is awell-known fact that many other national banks are anxiously awaitingthe enactment of such a bill as that which failed at the last session ofCongress. If they can not at this time obtain some such amendmentsto their charter powers as are therein proposed there will be a stillgreater exodus from the national system.

Although the total resources of national banks has steadilyincreased year by year and the condition of individual national banksis strong, nevertheless the relative increase in total resources ofnational banks has been slowly falling off year by year as comparedwith the resources of the State banks and trust companies, In thelast annual report of this office my predecessor called your attentionto the fact that during the 40-year period, ending with the fiscal year1924, the total resources of national banks had fallen from 75 percent of the total banking resources to about 47 per cent. The totalbanking resources of State and national banks, exclusive of savingsbanks, at the present time are about $52,057,000,000, of which about$24,351,000,000 are in the national banks and $27,706,000,000 arein the State banks and trust companies which are engaged in thecommercial banking business in competition with national banks.In addition the savings banks have total resources of about$10,000,000,000, but these figures are not included in this comparison.The percentage, therefore, of the resources of the national banks tothe total resources of all banks engaged in carrying on the business ofcommercial banking has during the past year dropped a fractionbelow 47 per cent.

These facts present a serious situation for the consideration of theCongress and I am directing your attention thereto at this timechiefly for the purpose of showing that the adverse conditions ofnational bank operations, as to which my predecessor so urgentlyrecommended remedial legislation, are becoming daily accentuated.The national banking system is a time-honored Federal instrumen-tality. The charter powers of 'the individual national banks arederived solely from the Congress. Twice in the history of the UnitedStates, namely, immediately after the Civil War and immediatelypreceding the World War, the Federal Government was able toenforce a banking policy at a time of great financial stress through itsauthority to use the national banking system as an instrument forthe public benefit. The individual national bank is always ulti-mately able to take care of itself in meeting the competitive condi-tions due to more favorable State laws by giving up its nationalcharter and going into the State system. But the gradual loss ofnational banks and the consequent decrease in relative resources ofthe national banking system is of primary concern to the NationalGovernment, not only because the national banks form the logicaland permanent basis of the Federal reserve system but also becauseonly through the national banking system can there be maintainedthroughout the United States a standardized system of banking sub-ject to the visitorial powers of the Federal Government and sub-servient at all times to the will of the Congress.

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REPORT OF THE COMPTROLLER OF THE CURRENCY 5

NATIONAL BANK FAXLTJEES

The number of national bank failures during the current year showsa considerable decrease from that of last year. During the comp-troller's report year ended October 31, 1925, 98 national banksbecame insolvent as compared with 138 national banks for the yearended October 31, 1924. The last half of the present report year hasshown a decided decrease in the number of failures compared withthe first half, the proportion being 35 to 63. Nine of these failedbanks have been succeeded by new national bank organizations thatpurchased their assets and assumed the payment to creditors of partor all of their liabilities, The total amount of assets of the 98 insol-vent banks was $47,837,945. Only one of these failed banks hadtotal assets as high as $3,400,000, and only 15 had assets in excess of$1,000,000. The aggregate capitalization $6,420,000, was distributedas follows: Thirty-eight at $25,000 each, 37 at from $25,000 to$50,000, 12 at $100,000, and 11 in excess of $100,000, namely, 3 at$150,000, 6 at $200,000, 1 at $250,000, and 1 at $400,000.

It will be observed that a large majority of these failures were smallbanks and that the total assets of all were materially less than assetsof any one of many of the urban national banks. Seventy-one of theseinsolvent banks were located west of the Mississippi River, 51 ofwhich were in the grain country north of Kansas and 20 in the cattlecountry of the Southwest. There were 15 failures in the three Statesof North Carolina, South Carolina, and Georgia. The remaining 12failures were in various other States.

While unfavorable agricultural conditions have contributed in alarge measure to the closing of a number of these banks, still it mustbe borne in mind that the greater number of failures occurred wherethe territories have had too many banks per capita and where toomany bank charters were issued during the boom period of the warand immediately after peace was declared. Not only was thereinsufficient business for the support of these banks but their organiza-tion resulted in hazardous and unwarranted competition.

Upon an analysis of the cause of these failures, it appears that 49were due to economic conditions, crop failures caused by drought,and the fall in market prices for livestock. Thirty-nine were causedby inexperience and mismanagement by officers and directors andonly 10 by the defalcation of an officer or employee of a bank. Thefirst two named causes might be consolidated and attributed tostrong competitive banking without the proper banking experienceand banking ability, for, after all, the fact remains that there aremany solvent banks remaining in these territories where the failureshave been most prolific and that such banks are in charge of and havebeen managed by capable and experienced men who, under the strong-est pressure of competition, have been able to loan and invest thebank's funds without incurring disastrous losses.

Economic conditions in the territories where the largest numberof failures have occurred are much improved and the banking in-dustry is rapidly adjusting itself to normal conditions. It is believedthat the experience gained by bankers in the past 10 years will be ofgreat value to the banking business of the future and out of it willcome better qualified bankers, more conservative management, andgreater safety to depositors.

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6 BEPORT OF THE COMPTROLLER OP THE CURRENCY

In the year ended October 31, 1925, 98 national banks, with aggre-gate capital of $6,420,000, were placed in charge of receivers. Thedate each bank was authorized to commence business, date of appoint-ment of the receiver, the capital stock, and the circulation outstand-ing at date of failure are shown in the appendix of this report.

From date of the first failure of a national bank in 1865 to October31, 1925, the number of banks placed in charge of receivers was 947.Of this number, however, 61 were subsequently restored to solvencyand permitted to resume business. The total capital of all insolventbanks at date of failure was $119,300,920, while the book or nominalvalue of the assets administered by receivers under the supervisionof the comptroller aggregated $614,982,469 and the total cash thusfar realized from the liquidation of these assets amounted to$282,989,284. In addition to this, there has been realized from assess-ments levied against shareholders the sum of $31,418,330, making thetotal cash collections from all sources $314,407,614, which have beendisbursed as follows:In dividends to creditors on claims proved, amounting to

$327,253,141, the sum of $188, 697, 889In payment of secured and preferred liabilities 84, 967, 657In payment of legal expenses incurred in the administration of

such receiverships 6, 940, 375In payment of receivers' salaries and other expenses of receiver-

ships 15, 449, 753There has been returned to shareholders in cash 4, 141, 830Leaving a balance with the comptroller and receivers of_~ 14, 210, 110

Assets have been returned to agents for shareholders, to be liqui-dated for their benefit, having a nominal value of $16,000,653.

The book value of the assets of the 318 national banks that are stillin charge of receivers amount to $218,927,454. The receivers hadrealized from these assets at the close of business on October 31, 1925,the sum of $79,649,962 and had collected from the shareholders onaccount of assessments levied against them to cover deficiencies inassets the further sum of $6,692,124, making the total collected fromall sources in the liquidation of active receiverships the sum of$86,342,086, which amount has been distributed as follows:Dividends to creditors (to Sept. 30, 1925) $28, 907, 387Secured and preferred liabilities paid „ 37,607,818Legal expenses J 897, 790Receivers' salaries and all other expenses of administration 4, 368, 981Amount returned to shareholders in cash 350, 000Leaving a balance with the comptroller and the receivers of 14, 210, 110

Receiverships of 17 national banks were closed during the year,making a total of 629 closed receiverships.

Collections from the assets of the 629 national banks, the affairsof which have been finally closed, amounted to $203,339,322, andtogether with the collections of $24,726,206 from assessments leviedagainst shareholders make a total of $228,065,528, from which onclaims aggregating $205,263,410 dividends were paid amounting to$159,790,502.

Average rate of dividends paid on claims proved was 77.84 percent, but including offsets allowed, loans paid, and other disburse-ments with dividends, creditors received on an average 84.24 percent.

Expenses incident to the administration of these 629 trusts—thatis, receivers7 salaries and legal and other expenses—amounted to$17,123,357 or 4.32 per cent of the nominal value of the assets andDigitized for FRASER

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REPORT OF THE COMPTROLLER OF THE CURRENCY

7.50 per cent of the collections from assets and from shareholders.The outstanding circulation of these banks at the date of failurewas $31,133,466, which was secured by United States bonds on depositin the Treasury of the face value of $33,478,100. The assessmentsagainst shareholders averaged 52.03 per cent of their holdings, whilethe collections from the assessments levied were 48.87 pjer cent of theamount assessed. The total amount disbursed in dividends duringthe current year to the creditors of insolvent banks was $15,073,057.

In the table following is summarized the condition of all insolventnational banks, the closed and active receiverships being shownseparately:

Items

Total assets taken charge of by receivers...

Disposition of assets:Collected from assetsOffsets allowed and settledLoss on assets compounded or sold under order of court.Nominal value of assets returned to stockholdersNominal value of remaining assets.

Closed receiv-erships, 629 i

$396, 055, 015

203, 339,32235,923, 977

140,791,06316,000,653

Total. 396,055,015

Collected from assets as aboveCollected from assessments from shareholders..

Total collections..Disposition of collections:

Secured and preferred liabilities paidDividends paidLegal expenses _Receivers' salary and other expensesAmount returned to shareholders in cash.Balance with comptroller and receiver

Total-

Capital stock at date of failure _United States bonds held at failure to secure circulating

notesAmount realized from sale of United States bonds held to

secure circulating notes _Circulation outstanding at failure_A mount of assessment upon shareholdersClaims proved __.

203,339, 32224, 726, 206

228,065, 528

47,359,839159,790, 5026,042, 58511,080, 7723,791,830

228,065, 5282 97, 225,920

33,478,100

35,120,71231,133,46650, 591, 240205,263,410

Active receiv-erships, 318

$218, 927,454

79, 649, 96214,129, 73413,854,637

111, 293,121

218,927,454

79,649,9626, 692,124

86, 342,086

37,607,81828,907,387

897, 7904, 368, 981350,000

14, 210,110

86,342,086

22,075,000

13,323,010

4,433,46711,697, 85219, 320,000121,989, 731

Total, 947

$614, 982, 469

50,053,711154,645, 70016, 000, 653

111, 293.121

614,982,469

282,989, 28431,418, 330

314,407, 614

84,967, 657188, 697, 8896,940,37515,449, 7534,141, 83014,210,110

314,407,614

119,300,920

46,801,110

39,554,17942,831, 31869, 911, 240

327,253,141

1 Includes 61 banks restored to solvency. 2 includes capital stock of 61 banks restored to solvency.

Statistics relative to the capital, date of appointment of receiver,and per cent of dividends paid to creditors of 13 insolvent nationalbanks, the affairs of which were closed during the year ended October31, 1925, appear in the following table:

Title

Mount Vernon National BankFirst National BankCommonwealth National BankEmmetsburg National BankFirst National Bank .Farmers National Bank .Fi<*st National BankSilver City National BankFirst National Bank ,„._Citizens National BankNational Border BankFirst National BankFirst National Bank

Location

Mount Vernon, N. Y ._ .Newman, CalifReedville, VaEmmetsburg, IowaSidney, NebrBig Sandy, MontCoiquitt, GaSilver City, N. MexAlexandria, 3. DakC enterville, Tenn. . _El Paso, TexDodge, NebrSavoy, Mont . - _

Date receiverappointed

Apr, 19,1911Jan. 31,1920Feb. 16,1921Mar. 11,1921May 27,1921Jan. 3,1922Aug. 14,1923May 14,1924June 23,1924Oct. 28,1924Oct. 30,1924Nov. 22,1924Jan. 3,1925

Capital

$200,00050,00025,00050,00050,00025,00050,000

100,00025,00030,000

200,00050,00025,000,

Per centdividendf

paid tocreditors

58. 8549.5088.6760.7o43.2510. 50

1 109. 3050.82. 4f>92. 4975.

100.» 104.

1 Includes 100 per cent of interest.

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8 REPORT OF THE COMPTROLLER OF THE CURRENCY

BANK FAILURES OTHER THAN NATIONAL

In the fiscal year ended June 30, 1925, information was receivedfrom the banking departments of the several States, with respect tothe failure of 440 State and private banks, with liabilities of$118,728,046. These figures show a reduction in the number offailures, as compared with the year ended June 30, 1924, of 337banks, and a reduction in the amount of liabilites of $104,459,954.

Statistics relative to the failure of banks other than national andnational banks in each State, in the year ended June 30, 1925, andfor years ended June 30, 1914 to 1925, are published in the appendixof this report.

PUBLIC DEBT, UNITED STATES BONDS, NATIONAL BANK,AND OTHER CIRCULATION

In the table following relating to the public debt of the UnitedStates on June 30, 1925, and Government bonds on deposit with theTreasurer of the United States on the same date, it will be observedthat the total net public debt was $20,439,234,256.19, all of whichwith the exception of $228,328,005 is interest bearing. The netdebt is shown to be less by $738,811,015 than at the close of the priorfiscal year.

By reason of the call for redemption at maturity (February 1 last)of the outstanding 4 per cent loan of 1925 amounting to $118,489,900,bonds eligible as security for national-bank circulation were reducedin amount to $674,625,630, consisting of $599,724,050 consols of 1930and $74,901,580 Panama Canal 2's. Of these bonds the Treasurerheld as security for national-bank circulation $665,061,330, as securityfor public deposits $495,500, and for postal savings $213,700. Thisleaves only $8,855,100 bonds of these classes held otherwise than bythe Treasurer as security for circulation and deposits.

National-bank circulation outstanding at the close of the fiscalyear aggregated $733,366,074, of which $660,501,393 was secured bybonds and $72,864,681 secured by lawful money held by the Treas-urer of the United States to provide for the redemption of the notesof banks retiring circulation and on account of those in liquidation.The combined paper currency, United States notes, Federal reservebank and national bank notes amounted to $5,585,944,967, the issuesof national bank notes representing approximately 14 per cent, Federalreserve notes 35 per cent, legal tenders 6 per cent, and gold and silvercertificates 45 per cent. The aggregate stock of money was $8,-221,000,000, hence the paper currency, excluding the coin certificates,was 36.9 per cent of the total circulating medium.

The paid-in capital of the national banks in existence at the closeof the last fiscal year was roundly $1,376,000,000, and as the amountof bonds eligible as security for circulation had been reduced to some$674,625,000, it is evident that the amount of national bank circula-tion issuable has been reduced to approximately 50 per cent of themaximum amount authorized by law, the paid-in capital stock beingthe measure of that maximum. This condition has resulted in thereduction in the percentage of currency-issuing banks from 90 in 1924to 85 in 1925.

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BEPOET OF THE COMPTROLLER OF THE CURRENCY 9

Statements hereinbefore referred to relative to the public debt andsecurities held in trust by the Treasurer of the United States are asfollows:

Statement of the public debt of the United States, June 80, 1925

DETAILS OF INTEREST-BEARING DEBT

Bonds eligible as security for national-bank circulation:2 per cent consols of 1930 $599, 724, 050. 002 per cent Panama Canal loan of

. 1916-1936 48, 954? 180. 002 per cent Panama Canal loan of

1918-1938-.... . . . . 25, 947, 400. 00

Other bonds, etc.:3 per cent Panama Canal loan of 19613 per cent conversion bonds of 1946-47 i2J j per cent postal-savings bonds (first to twenty-eighth

series)First Liberty loan, 1932-1947, 3J^, 4? and 4>i per cent-Second Liberty loan, 1927-1942, 4 and m per cent___Third Liberty loan, 1928, 4M per centFourth Liberty loan, 1933-1938, 434 P ^ centTreasury bonds, 1947-1952, 4 34 per centTreasury bonds, 1944-1954, 4 per cent__.Treasury notes, 1925-1927 (including adjusted service

series)Certificate's of indebtedness. 1925-26 (including adjust-

ed service series) _ _Treasury (war) savings securities, series 1921-1923 (in-

cluding thrift and Treasury savings stamps, unclassi-fied sales, etc.) . . „__

$674, 625, 630. 00

49, 800? 000. 0028, 894, 500. 00

11, 995. 880. 001, 951, 519, 650. 003, 104, 558? 750. 002, 885, 377, 350. 006, 324, 481; 200. 00

763, 948, 300. 001, 047, 088, 500. 00

2, 404, 241, 400. 00

578, 685, 000. 00

385, 690, 091. 35

Total interest-bearing debt outstanding 20, 210, 906, 251. 35Matured debt on which interest has ceased 30, 242, 930. 26Debt bearing no interest-. _ 275, 122, 993. 12

Total gross debt 20, 516, 272, 174. 73Matured interest obligations, etc_ 142, 941, 522. 28

Balance held by Treasurer of the United States, etc_20, 659, 213, 697. 01

219, 979, 440. 82

Net debt, including matured interest obligations, etc_ 20, 439, 234, 256. 19

United States Government securities held in trust IJune SO, 1925

Treasurer of the United, States,

Issues

Consols, 1930Panama 2's „._. _

TotalOther bonds, notes and certificates _

Total _

To securenational bank

circulation

$591,157,95073, 898,380

665,056,3305,000

665,061,330

To securepublic

deposits

$433,50062,000

495, 50046, 760, 650

47, 256,150

To securepostal-savings

funds

$170,200, 0043, 500.00

213,700. 00141,139, 485. 86

141,353,185.86

Total held

$591, 761, 650, 0074,003,880. 00

665, 765, 530, 00187,905,135. 8fl

853,670,665.86

TTHITED STATES CI&CULATIO¥—BOND TRANSACTIONS

In the year ended October 317 1925, the withdrawal of bonds heldby the Treasurer of the United States in trust as security for nationalbank circulation amounted to $109,401,560, of which $89,820,310

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10 REPORT OF THE COMPTROLLER, OF THE CURRENCY

were 4 per cent bonds of 1925? which, were called for redemption inFebruary last. The withdrawals by reason of liquidation of banksamounted to $16,222,750, and on account of banks placed in chargeof receivers $3,358,500. Bonds held by the Treasurer in trust assecurity for circulation were augmented to the extent of $35,743,800on account of deposits made by newly organized banks and by thoseincreasing their circulation, The transactions of the year by monthsin each account named are shown in the following statement:

United States bonds deposited as security for circulation by banks chartered and bythose increasing their circulation, together with the amount withdrawn by banksreducing their circulation, and by those closed, during each month, year endedOctober 31, 1925

Date

1924NovemberDecember

1925January. . . .February -MarchApril - -MayJune _-.JulyAugustSeptember-.,October... -

Total . . -

Bondsdepositedby bankscharteredand thoseincreasingcirculationduring the

year 1

$1, 952,0001,714,100

2, 252,9001, 532, 7503,112, 5008,815, 5001,675, 3002, 396, 2002,003, 5507, 347, 5001,024, 0001,912, 500

35, 743, 800

Bondswithdrawnby banksreducing

circulation

Bondswithdrawnby banks inliquidation

$3,171,6007, 661, 280

6, 535, 50059, 214, 2003, 215, 0001, 977, 2501, 401, 7501, 986, 0001,168, 0001, 433, 3501, 251, 500805, 000

89,820, 310

$265,00075,000

2,128,000157,000762, 500

6, 305,000537,7506,500

387, 7505, 273, 250

40,000285,000

16, 222,750

Bondswithdrawnby banks ininsolvency

$722,500

31, 250390,000470,000131, 250243, 250845, 250287,00058,000

180, 000

3, 358, 50*3

i Includes $2,535,000 deposited by 33 of the 251 banks chartered during the year.

Monthly statement of capital stock of national banks, national bank notes, andFederal Reserve Bank notes outstanding, bonds on deposit, etc.

Authorized capital stock of national banks..Paid-in capital stock of national banks

Nov. 2, 1925

$1,381,978, 2151, 381,321, 609

Oct. 1, 1925

$1, 381, 983, 2151,381,186,036

Increase ordecrease since

above date

Increase of authorized capital stock-Decrease of authorized capital stock _Increase of paid-in capital stockDecrease of paid-in capital stock

$5,000135,573

Nov. 1, 1924

$1,335,766,2151,335,105. 913

Increase ordecrease since

above date

$46,212.000

46, 215, 096

National bank notes outstanding secured by UnitedStates bonds.- ._ _.

National bank notes outstanding secured by lawfulmoney. _ _

Total national bank notes outstanding

Nov. 2, 1925

$662, 538, 483

51,264,261

Oct. 1, 1925

$661,380, 320

56, 543, 569

713,802,744 717,923, 889

Nov. 1, 1924

$735, 602, 435

38,679,189

774,281, 624

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EEPOBT OF THE COMPTEOLLEB OF THE CUBEENCY nMonthly statement of capital stock of national banks, national bank notes, and

Federal Reserve Bank notes outstanding, bonds on deposit, etc.—Continued

Increase secured by United States bonds..Decrease secured by United States bonds_Increase secured by lawful moneyDecrease secured by lawful money

Net increase.,Net decrease .

Increase ordecrease since

above date

$1,168,163

5,279,308

4,121,145

Increase ordecrease since

above date

$73,063,95212,585,072

60,478,880

Federal reserve bank notes outstanding secured by UnitedStates bonds _.„ .

Federal reserve bank notes outstanding secured by lawfulmoney— „ „

Nov. 2, 1925

Total Federal reserve bank notes outstanding. _.

$6,582,203

6,582,203

Oct. 1, 1925

$6,815,523

6,815,523

Increase secured by United States bonds..Decrease secured by United States bonds_increase secured by lawful moneyDecrease secured by lawful money. __

Increase ordecrease since decre:above date

$233,320

Net increase..Net decrease. 233,320

Nov. 1, 1924

$9,134,170

9,134,170

Increase orsase since

above date

$2, 551,9

2, 551, 967

Kinds of bonds on deposit

United States consols of1930 (2 per cent)

United States Panama of1938 (2 per cent)...

United States Panama of1933 (2 per cent) . . . .

On depositto secure

Federal re-serve bank

notes

On depositto securenational

bank notes

J$591, 792,150

48,622,660

25, 770,320

Total- . I 666,185,130

National-bank notes of each denomi-nation outstanding

Federal re-serve bank

notes ofeach de-

nominationoutstanding

One dollar _____Two dollars.—,.Five dollars-_.Ten dollarsTwenty dollarsFifty dollarsOne hundred dollarsFive hundred dollarsOne thousand dollarsFractional parts _

Less iTotal-

Total.

$341,447162, 894

134,091, 605298,974,200232,411,390

25,466, 75024,987, 500

87, 50021,00061,118

716,605, 4042,802, 660

713, 802, 744

$3,313, 6121,307,8761,071,935

341,840515, 44031,500

6, 582,203

6, 582, 203

1 Notes redeemed but not assorted by denominations.

REDEMPTION OF NATIONAL ADO) FEDEEAL EESEEVE BAHKOIECULATIOjf

In the year ended June 30, 1925, national-bank notes, Federalreserve notes, and Federal reserve bank notes aggregating $1,869,-091,049 were redeemed at the United States Treasury at an aggregateexpense of $608,406. Included in these redemptions were Federal

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reserve notes amounting to $1,312,361,850; Federal reserve banknotes redeemed on retirement account in the amount of $3,420,137;an4 national-bank notes to the amount of $553,309,062, the latteramount including $65,558,260 redeemed on retirement account.

The average expense per $1,000 for the redemption of Federalreserve notes was $0.46, for Federal reserve bank notes $1.33, andfor national-bank notes $0.83.

Statements showing the amount of the various issues of bankcurrency received monthly for redemption in the year ended June 30,1925, the source whence received, and the classification of redemp-tions, with the cost per $1,000 for each class redeemed, are pub-lished in the appendix to this report.

NATIONAL BANKS OF ISSUE

On April 6, 1925, the number of reporting national banks was8,016, with capital stock of $1,361,444,000, of which number 1,147banks, with capital of $232,521,000, were not taking advantage ofthe provision of the national bank act, authorizing the issuance ofcirculating notes collateraled by deposits of United States bonds.

The circulating note liability of 6,869 banks of issue, on thedate indicated, amounted to $649,447,000, or an average of $94,548per bank.

On December 31, 1924, the number of national banks was 8,049,with capital of $1,334,836,000, of which number 986 banks, withcapital of $189,372,000, were not banks of issue. The liability forcirculating notes outstanding of the 7,063 banks of issue on thisdate amounted to $714,844,000, or an average of $101,210 per bank.

The reduction in the amount of national bank circulation outstand-ing between December 31, 1924, and April 6, 1925, due principallyto the calling for redemption by the Secretary of the Treasury of4 per cent bonds of 1925, in the early part of the current year, was$85,397,000, and the reduction in the number of banks of issue inthe period stated was 194.

Tables showing the number of national banks, the capital, theamount of circulation outstanding, as well as the number of banksnot issuing circulation, with the amount of capital, in each State andFederal Reserve District, are published in the appendix of thisreport.

PBOFIT ON NATIONAL BANK CIRCULATION

The reduced profit on national bank circulation is reflected inthe relatively high cost and nearing maturity date, 1930, of the 2per cent consols as shown in the computation of the GovernmentActuary of the profit on the issuance of circulation secured by theconsols. In November, 1924, the cost of $100,000 consols was$103,989, the highest figure of the year. Upon deposit with thedepartment of that amount of bonds a bank is entitled to receivea like amount of circulating notes. As a redemption account of5 per cent is required the amount of loanable funds on this accountwould be reduced to $95,000, which loaned at 6 per cent wouldproduce $5,700. Adding to the latter amount $2;000 interest on

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REPORT OF THE COMPTROLLER OF THE CURRENCY 1 3

the bonds measures the gross receipts. By deducting from this$7,700, the tax on circulation, expenses of redemption, etc., and thesinking fund to provide for the liquidation of the premium paidfor the bonds, the net receipts are shown to be $6,503.10. Withthe cost of the bonds invested otherwise, and at 6 per cent, thereceipts would be $6,239.34, or less by $263.76 than the net receiptsfrom the circulation; hence, there would be a profit on circulationunder these conditions of 0.254 per cent. By October, 1925, thebond cost had been reduced to $103,659, and thereby resulting inan increase in the profit on note issues to 0.442 per cent.

In the year the cost of 2 per cent Panama Canal bonds droppedfrom $103,473 to $101, resulting in a calculated increase in the profiton circulation secured by these bonds from 0.699 to 1.001 per cent.Elsewhere in this report will be found the computations of theActuary showing the profit on national bank circulation based uponthe deposit of $100,000 United States consols of 1930, and 2 percent Panama Canal bonds at the average net price monthly duringthe year ended October 31, 1925. Incidentally, there also appearsa statement showing the monthly range of prices in New York fromNovember, 1924, to October, 1925, inclusive, of bonds eligible assecurity for national bank circulation, and also the investmentvalues of the consols and Panama Canal bonds based upon theaverage price net quarterly, January to October.

0BGAinZATI0¥ AHD LIQUIDATION OF HATTOBTAL BA2TKS*

From the date of the establishment of the national banking systemup to and including October 31, 1925, there have been authorizedto begin business 12,841 national banking associations, of which3,837 were voluntarily closed to discontinue business or amalgamatedwith other banks, State or national, together with those consolidatedwith other national banking associations under authority of the actof November 7, 1918. Exclusive of banks which failed but sub-sequently restored to solvency the loss to the system by banksliquidated through receiverships was 886, the number of thesereceiverships being a fraction less than 6.9 per cent of the totalnumber of banks organized. As a result of liquidations and failuresthe number of national banking associations in existence at the closeof the current year stood at 8,118.

In November, 1914, when the Federal reserve banks began theiroperations, there were in existence 7,578 national banks with capitalof $1,072,500,000. Since that date the net increase in the number ofbanks was 540 and an increase in capital of $309,500,000. Thecapital of the banks in existence on October 31, 1925, was roundly$1*382,000,000. In this 11-year period 2,189 banks were charteredwith capital of $217,000,000. During this period, however, 1,653associations were closed voluntarily or otherwise.

In the current year applications to organize national banks and toconvert State banks into national banking associations were receivedto the number of 372, with proposed capital stock of $42,092,200.Of the applications pending 247 were approved, 85 rejected and 42abandoned. National banking associations to the number of 251,with capital of $26,040,000, were authorized to begin business, ofwhich 3 were located in the New England States, 52 in the Eastern,

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1 4 EEPOET OF THE COMPTROLLER, OF THE CURRENCY

115 in the Southern, 32 in the Middle Western, 25 in the Western,and 24 in the Pacific States. The greatest activity as indicated bythe number of banks organized was in the following States: NewYork 17 banks, New Jersey 26, Pennsylvania 8, Texas 94, Missouri8, and California 19. In other States the number ranged from 1 to 7banks. It further appears that of the total number of charters issued86 were the result of conversions of State banks, 25 reorganizations ofState or national banks, and 140 primary organizations. In thisconnection it is of interest to note that the organization of 19 bankswas incident to the reorganization of liquidated national bankingassociations; 9 to succeed failed national banks, acquiring incidentallytheir assets and assuming the liabilities to depositors and othercreditors, and 8 organized in localities where failures had occurred, toenable the communities to have necessary banking facilities,

In the year in question 30 national banking associations wereconsolidated into 15 under authority of the act of November 7, 1918,the capital of the consolidated banks being $33,810,000. In someinstances there were reductions in capital and in others increases,but the net result by reason of consolidations was an iricrease incapital stock of $990,000.

The voluntary liquidation of 123 associations represented a capitalof $14,467,500, while the capital of the 98 insolvent banks was$6,420,000. The net result of the changes hereinbefore mentionedwas an increase for the year in the number of active banks by 20,and in capital stock of $46,212,000, It appears that during thoyear 203 banks increased their capital in the aggregate sum of $43,410,-000. Of this number 85 banks effected the increase by stock divi-dends, the amount of the increase in this manner being $7,680,300.

DOMESTIC BRANCHES OF FATX0¥AL BAHKS

Under authority of section 5155 of the Revised Statutes of theUnited States the following national banks, formerly State banks,continue to operate the branches indicated:California:

Bank of California, National Association, San Francisco; capital, $3,500,000.Branch at Portland, Oreg.; capital, $300,000.Branch at Seattle, Wash.; capital, $200,000.Branch at Tacoma, Wash.; capital, $200,000.

Louisiana:Calcasieu National Bank of Southwestern Louisiana, Lake Charles; capital^

$1,000,000.Branch at De Quincy; capital, $40,000.Branch at Jennings; capital, $120,000.Branch at Kinder; capital, $30,000.Branch at Lake Arthur; capital, $40,000.Branch at Oakdale; capital, $120,000.Branch at Sulphur; capital, $40,000.Branch at Vinton; capital, $50,000.Branch at Welsh; capital, $60,000.

Massachusetts:Federal National Bank of Boston; capital, $1,500,000.

Four1 branches in Boston, with capital-of $50,000 assigned to each,Safe Deposit National Bank of New Bedford; capital, $500,000.

Branch in New Bedford; capital, $50,000.1 One of which was acquired by consolidation under act Nov. 7,1918.

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REPORT OF THE COMPTROLLER OF THE CURRENCY 15

Michigan:City National Bank of Battle Creek; capital, $500,000.

Branch in Battle Creek; capital, $25,000.National Union Bank of Jackson; capital, $400,000.

Branch in Jackson; capital, $100,000.Mississippi:

Pascagoula National Bank of Moss Point; capital, $75,000.Branch in Pascagoula; capital, $25,000.

New York:Chatham Phoenix National Bank & Trust Co., New York; capital, $13,-

500,000.Thirteen branches in the city of New York, with capital of $100,000

assigned to each.Public National Bank of New York; capital, $4,000,000.

Five branches in the city of New York, with capital of $100,000assigned to each.

Seaboard National Bank of the city of New York; capital, $5,000,000.Two branches in the city of New York, with capital of $100,000 assigned

to each.North Carolina:

American Exchange National Bank of Greensboro; capital, $750,000.Branch in Greensboro; capital, $150,000.

Farmers National Bank & Trust Co. of Winston-Salem; capital, $300,000.Branch in Winston-Salem; capita,!, $50,000.

Oregon:First National Bank of Milton; capital, $50,000.

Branch at Freewater; capital, $10,000.Washington:

Dexter Horton National Bank of Seattle; capital, $2,200,000.Two branches in Seattle, with capital of $50,000 assigned to one and

$200,000 assigned to the other.Wisconsin:

American National Bank of Milwaukee; capital, $1,000,000.Two branches in the city of Milwaukee, with capital of $50,000 assigned

to each.

Under the consolidation act of November 7, 1918, converted Statebanks having branches were consolidated with the following banksand the branches continued:California:

The First National Bank of Lemoore; capital, $150,000,Branch at Stratford; capital, $25,000.

District of Columbia:The Riggs National Bank of Washington, D. C ; capital, $2,500,000.

Four branches in the city of Washington, with capital of $10,000 as-signed to each.

Georgia:The Fourth National Bank of Atlanta; capital, $1,200,000.

Three branches in the city of Atlanta, with capital of $50,000 assigned toeach.

Branch at Decatur; capital, $25,000.Atlanta & Lowry National Bank, Atlanta; capital, $4,000,000.

Two branches in Atlanta, with capital of $50,000 assigned to each.Massachusetts:

The Atlantic National Bank of Boston; capital, $5,000,000.Three branches in Boston, with capital of $100,000 assigned to each.

The First National Bank of Boston; capital, $20,000,000.Seven branches in Boston, with capital of $50,000 assigned to each.

Chapin National Bank of Springfield; capital, $500,000.Two branches in Springfield, with capital of $50,000 assigned to each.

Michigan:Grand Rapids National Bank of Grand Rapids; capital, $1,000,000.

Nine branches in the city of Grand Rapids, with capital of $10,000assigned to each.

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16 REPORT OF THE COMPTROLLER OF THE CURRENCY

New Jersey:Union Trust & Hudson County National Bank, Jersey City; capital,

$750,000.Branch in Jersey City; capital, $50,000.Branch at Bayonne; capital, $50,000.

New York:National Commercial Bank & Trust Co. of Albany; capital, $1,500,000.

Branch in Albany; capital, $100,000.American Exchange-Pacific National Bank, New York; capital, $7,500,000.

Six branches in the city of New York, with capital of $100,000 assignedto each.

Chase National Bank of New York; capital, $20,000,000.Seven branches in the city of New York, with capital of $100,000

assigned to each.East River National Bank of the city of New York; capital, $2,500,000.

Two branches in the city of New York, with capital of $100,000 assignedto each.

Mechanics & Metals National Bank, New York; capital, $10,000,000.Twelve branches in the city of New York, to which is assigned $50,000

capital each to eight, and $100,000 each to four of the branches.National City Bank of New York; capital, $50,000,000.

Three branches in the city of New York, with capital of $100,000assigned to each.

South Carolina:The Peoples National Bank of Charleston; capital, $1,000,000.

Two branches in Charleston, with capital of $200,000 assigned to oneand $100,000 assigned to the other.

Tennessee:Unaka & City National Bank of Johnson City; capital. $400,000.

Branch in Johnson City; capital, $25,000.Virginia:

First National Bank of Abingdon; capital, $200,000.Branch in Abingdon; capital-, $25,000.

Peolpes National Bank of Leesburg; capital, $100,000.Branch at Upperville; capital, $10,000.

Seaboard National Bank of Norfolk; capital, $1,000,000.Branch in Norfolk; capital, $50,000.

National hanks, with number of additional local offices and dates of approval of theirestablishment, October SI, 1925

Location

California:CrockettFresnoHuntington ParkInglewood.Long BeachLos Angeles

Do

Do _

Do

Do

Title of bank

First National BankFirst National Bank in FresnoNational Bank _ - » » » -First National BankCalifornia National BankFirst National Bank __ _ . _ _ _ «.

Commercial National Trust & Savings Bank

Merchants National B a n k . . . . . . . . . . . . . . . . . . . . .

Pacific National Bank _

United States National Bank

Num-ber ofaddi-tionaloffices

112111

16

4

8

7

Date ofapproval of

establishmentof additional

offices

Nov. 28,1923Dec. 19,1923May 3,1924Mar. 7,1923Nov. 8,1923July 1,1922June 13,1922Oct. 31,1923Jan. 29,1924June 4,1924Dec. 18,1924Mar. 24,1925July 22,1925Oct. 20,1925Aug. 1,1922Oct. 11,1922Mar. 15,1924June 4,1924Feb. 5,1924Jan. 3,1925Jan. 8,1925Oct. 16,1925Mar. 1,1924July 29,1924Nov. 21,1924Aug. 3,1925

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REPORT OF THE COMPTROLLER OF THE CUREEHCY 17

National banks, with number of additional local offices and dates of approval of theirestablishment, October 81, 1925—Continued

Date ofapproval of

establishmenof additional

offices

California— C ontinued.AlhambraBakersfieldOaklandPasadena»SacramentoSan DiegoSanta Cruz

District of Columbia:Washington *_.

Do.DoDo

Georgia:Atlanta .

Kentucky:Louisville

Do.

DoMaine:

Portland-_Maryland:

Baltimore.Do

First National Bank _ ._.First National Bank in Bakersfield.Central National Bank _Pasadena National Bank _California National BankUnited States National BankFirst National Bank

Second National BankDistrict National BankFranklin National Bank _.Lincoln National Bank

Atlanta & Lowry National Bank.

Citizens Union National Bank

Louisville National Bank

National Bank of Kentucky.

Chapman National Bank

Do-Do

Massachusetts:AdamsBoston _

Citizens National BankDrovers & Mechanics National Bank..Farmers & Merchants National Bank..Merchants National BankFirst National BankAtlantic National Bank..

Do I Citizens National Bank..Do Federal National Bank-.Do.

Do-Do .

FitchburgMaidenNew Bedford..PalmerSpringfieldWellesley—

Michigan:

Detroit

DoFlintJacksonLudingtonMuskegonSaginaw

Nebraska:South Omaha_

DoNew York:

Buffalo..

DpFlushingIthacaNew York

Do

First National Bank

National Rockland BankNational Shawmut Bank .Safety Fund National Bank_First National BankMerchants National Bank...Palmer National BankChapin National Bank.Wellesley National Bank

First National Bank in Detroit_.

National Bank of Commerce..First National BankPeoples National BankFirst National Bank__Union National BankSecond National Bank

Live Stock National Bank.Packers National Bank

Community-South Side National Bank.

Manufacturers & Traders National Bank.Flushing National BankFirst National BankBronx National Bank

Capitol National Bank..

Nov. 22,1922

Nov. 18,1922/May l',1923\Aug. 25,1924Dec. 30,1922Dec. 4,1922

Sept. 22,1922

Nov. 20,1922(July 20,1922^Aug. 15,1922[Nov. 28,1923Dec. 18,1922

Nov. 18,192-1

July 29,1924June 17,1925fAug. 18,1922[Feb. 11.1925Aug. 1,1922

Dec. 18,1924Apr.Aug.JuneSept.Apr.

1,19252,19221,19256.19229.1923

Dec.Aug.Jan.Mar.Jan.[Jan.Oct.

UulyJune

/Dec.\Feb.Jan.Feb.Nov.MayJan.

/Nov.\Mar.

7,192323,19222, J9243,3923

18,192418,192416.192428.19256,19253,192328,192530,192417,192528.192422.192510,192418.192230.1923

(Jan. 2,19244 Apr. 7,1924[June 14,1924.July 19,1922Dec. 15,1923Nov. 22,1922Sept. 8,1922Jan. 23,1924Jan. 13,1923

Dec. 3,1923Jan. 18,1924

Aug.Jan.

•i M a r .Mar.

[Sept.Dec.JulyNov.July[Jan.Apr.[Aug.

18,192218.19232,1925

11,192523,192521,192218,19259.1922

17.19249.1923

28,192318.1925

i Established under authority of the Millspaugh Act, Apr, 26,1922

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18 REPORT OF THE COMPTROLLER OF THE CURRENCY

National banks, with number of additional local offices and dates of approval of theirestablishment, October 81, 1925—Continued

Location

New York—Continued.New York Chase National Bank_

Do -„- Chemical National Bank..

Title of bank

Do I East River National Bank.

Do -I First National Bank of the City of Brooklyn..Do Hamilton National Bank-Do Harriman National Bank.Do Mechanics & Metals National Bank.Do—-I - National American Bank.

i)oZIIIIIIIIIIIII-Do-_

Do..Do..

Do..

Do.

.».Do.

Troy__ ._WatertownYonkers

National Bank of Far RockawayNational Butchers & Drovers Bank-

National City Bank.

National Park BankOzone Park National Bank..

Public National Bank.

Richmond Hill National Bank....Rockaway Beach National Bank.Seventh National Bank..Manufacturers National BankJefferson Co. National BankFirst National Bank _

Do. —— ! Yonkers National Bank & Trust Co.North Carolina:

Greensboro. _Ohio:

Cleveland...

ColumbusFindlayLockland

Pennsylvania:Altoona...Chester

DoJohnstownMcKees Rocks.Philadelphia-

DoDoDoDoDoDoDoDoDoDoDo

Reading

Williamsport.York

American Exchange National Bank

Brotherhood of Locomotive Engineers Co-Opera-ativo National Bank.

City National BankAmerican-First National BankFirst National Bank

.do...do.

Pennsylvania National Bank.First National Bank

do-do.

Broad Street National BankCentral National BankCorn Exchange National BankDrovers & Merchants National Bank.Fourth Street National BankFranklin National BankNorthern National BankOverbrook National BankPhiladelphia National BankSouthwark National BankTenth National Bank

Reading National Bank

West Branch National Bank..York National Bank

Num-ber ofaddi-tionaloffices

Date ofapproval of

establishmentof additional

offices

1 Aug.12 Apr.

IfJan.i Jan.

9 l-JMayJune

I Sept,Julyroot,\Oct.Apr.JulyApr.Sept.May

(Oct.I Jan.jMar.iMar./Mar.\Oct.

Feb.(JulyAug.Dec.Feb.Jan.JulyDec.May.Oct.

/Aug.\Nov.Mar.

19

Sept.Nov.Oct.rApr.[Juneroct.[Sept.

31,192528.192318.192416.192528,192527,192523,192519,192429, 1 92430.192428,192315.192114.19254,19256.192426.192330.192413.192525,192519,192416,19245.192518.192229.19228,192228.192326.192131.192431,192419.192523,1925

1,192228.19248.19249.192519,192313.19228,192517.192524,192226,1925

July 24,1922

Sept. 8,1922

Mar. 17,1925Jan. 2,1923Nov. 28,1923

JuneSept.MayApr.Oct.

TJuly[Sept.Nov.JulyJulyJan.Aug.JulyApr.Sept.Apr.Mar.Mar.

(Aug.{Feb.IMar. :Aug.July

12,192522,192224,192428.192424,192225.192230.192513.192324,192218,192218.192417, J9-28,19-252, ifc'.V,2,19J4

30. !*"']18.1/.^3, iO2:;

24, 1«;'»J15, i9-4

31,192?25, i&?

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BEPOR.T OF THE COMPTEOLLEK OF THE CURRENCY 19

National banks, with number of additional local offices and date of approval of theirestablishment, October 81, 1925—Continued

Location

Num-ber ofaddi-tionaloffices

2

1

119Z

13

114o

1

Date ofapproval of

establishmentof additional

on

Aug.

Dec.

Oct.Jan.

/Feb.Ung.JulyMay

Jan.Apr.July

/July\Feb.July

ices

30,1922

15,1923

29,19253,1924

20,19241,19248,19255,1925

9,192329,192420,192221,19222,1924

19,1922

South Carolina:Charleston

GreenvilleTennessee:

Chattanooga...KnoxvilleNashville

DoDo

Virginia:Charlottes ville.NorfolkRichmond

DoDo - -

Bank of Charleston, National Banking Associa-tion.

Norwood National Bank

First National BankCity National Bank._ __American National Bank _Broadway National BankFourth and First National BankPeoples National Bank... _Virginia National BankAmerican National BankMerchants National BankPlanters National Bank _

CONDITION" OF UATIO^AL BAHKS AT DATE OF EACH EEPOETCALLED FOE DUEIFG THE YEAE

Under authority of section 5211, Revised Statutes, national bankswere called upon to submit four reports of condition during the yearended October 31, 1925, as of various dates specified by the comp-troller.

The resources and liabilities of reporting banks at the date of eachreport during the year are shown in the following statement:

Abstract of reports of condition of national banks on dates indicated

[In thousands of dollars]

Loans andcounts) i__

Gverdrafts.

RESOURCES

discounts (including redis-

Customers' liability account of acceptances-United States Government securities

owned „Other bonds, stocks, securities, etc

Total loans and investmentsBanking house, furniture, and fixturesOther real estate ownedLawful reserve with Federal reserve banks.Items with Federal reserve banks in pro- j

cess of collection ____Cash in vault. . . _Amount due from national banksAmount due from other banks, bankers,

and trust companiesExchanges for clearing houseChecks on other banks in the same place.-IOutside checks and other cash itemsRedemption fund and due from TJ. S. j

TreasurerOther assets _ _ .._

Oct. 10,1924—8,074

banks

Total.

12,210,14812, 242

145, 666

2, 579,1902, 897,040

17,8U, ^86541, 852107,459

1,303, 631

427,894360,101

1, 412, 807

439,356575, 36053,871

36, 726166,820

J 23,323,061

Dec. 31,1924—8,049

banks

12,319,6809,802

244, 728

2, 586, 6973, 075,999

18,236,906551, 371108,966

1,394, 386

486,933409, 566

1,349,859

431, 043996, 61585, 22570, 635

36, 310223,466

24, 381, 281

Apr. 6,1925—8,016

banks

12,468, 83611,410

240,962

2, 614,1853,139,255

18,47A, 648564,103112,481

1, 273, 274

411, 539361, 671

1,192,049

395, 655665, 28867, 70854,541

33,120226, 386

23, 832, 463

June 30, Sept. 28,1925—8,072 1925—8,085

banks I banks

12,674,0679,352

176,583

2,538,767 I3,193, 677

13,134.46114, GOO

201, 083

2, 512, 0253, 242, 620

18,590,446585,267 I111,191 i

1,326,864 I

486, 787359, 605

1,096, 768

403, 366988, 29480, 72769,517

33,038238,993

24, 350,883

19,105,089593,178114, 677

1, 324, 326

456, 656362, 341

1,120, 925

393,869733,81658, 32654,094

32,876219, 346

24, 569, 527

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20 REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports of condition of national banks on dates indicated—Continued

[In thousands of dollars]

LIABILITIES

Capital stock paid inSurplus fundUndivided profits, less expenses and taxes

paid •__Reserved for taxes, interest, etc., accrued..National-bank notes outstanding _.Due to Federal reserve banksAmount due to national banksAmount due to other banks, bankers, and

trust companiesCertified checks outstandingCashier's checks outstandingDemand depositsTime deposits (including postal savings)...United States deposits

Total depositsUnited States Government securities bor-

rowed.Bonds and securities (other than United

States) borrowedAgreements to repurchase United States

Government or other securities soldBills payable (including all obligations rep-

resenting borrowed money other thanrediscounts)

Notes and bills rediscounted (includingacceptances of other banks and foreignbills of exchange or drafts sold with in-dorsement).—

Letters of credit and travelers' checks out-standing

Acceptances executed for customers and tofurnish dollar exchange less those pur-chased or discounted __.

Acceptances executed by other banksLiabilities other than those stated above...

Total..

Oct. 10,1924—8,074

banks

1,332,5271,074,268

556,792

723, 53027,342

1, 338,309

1,933, 857147, 404217, 231

9, 795, 5805,460,677

188,398

19,108,798

28,729

3,581

123,611

170,419

6,135

140, 57418,43535, 662

23, 323,061

Dec. 31,1924—8,049

banks

1,334,836

442,48460,784

714,84433,188

1, 239, 923

2, 029, 671184, 363415, 260

10, 363, 2505, 581, 287

153, 266

20, 000,208

3,405

202,304

196,396

6,124

235, 23226,56440, 290

24, 381, 281

Apr. 6,1925—8,016

banks

1,361,4441,106, 544

490, 45760,224649, 44729, 323

1,147, 628

1,839,935197, 508204,447

9,923, 2435, 785, 211255, 652

19,882,947

21,747

3,821

219,198

226,597

6,537

232, 76129,50241,237

23, 832, 463

June 30,1925—8,072

banks

1,369,4351,118,928

481,71160, 078

648,49430, 740

1,028,168

1,827, 492224, 089336,167

10,430, 2545,924, 658

108,101

19,909,669

21,684

3,530

3,413

245,107

233,874

12,127

164,56928, 77349,471

24,350, 863

Sept. 28,1925—8,085

banks

1,375,0091,125,495

543, 56469, 792

649, 22131,820

1,068, 420

1,766, 708251, 505214, 594

10,427,5445,994, 374

175, 097

19,930,062

24,479

3,976

4,057

316, 627

245,537

9,065

191, 87328, 54252, 228

24, 569, 527

CONDITION OF NATIONAL BANKS SEPTEMBER 28, 1925

The resources of 8,085 national banks September 28, 1925, amountedto $24,569,527,000, and exceeded the resources of 8,074 banks Octo-ber 10, 1924, by $1,246,466,000.

Comparison of the principal items of resources and liabilitiesfollows:

RESOURCES

Loans and discounts aggregated $13,134,461,000, and exceeded theamount in October, 1924, by $924,313,000. The percentage of loansand discounts to total deposits was 65.90, compared with 63.90 inOctober, 1924.

United States Government securities held by these banks to theamount of $2,512,025,000, declined since October, 1924, $67,165,000,and other bonds, stocks, and securities, etc., amounting to $3,242,-620,000 were increased in this period $345,580,000.

Banking houses, furniture and fixtures valued at $593,176,000 ex-ceeded the amount a year ago by $51,324,000, and other real estate

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REPORT OF THE COMPTROLLER OF THE CURRENCY 2 1

owned to the amount of $114,677,000 showed an increase of $7,218,000in the year.

Balances due from correspondent banks and bankers, includinglawful reserve and items in process of collection with Federal reservebanks of $1,780,992,000, aggregated $3,295,786,000, and showed areduction in the year of $287,902,000. Cash in vault of $362,341,000exceeded the amount a year ago by $2,240,000.

LIABILITIES

Paid-in capital stock of $1,375,009,000 exceeded the amount ayear ago by $42,482,000, and surplus and undivided profits of$1,669,059,000 were $37,999,000 more than a year ago.

Liabilities for circulating notes amounted to $649,221,000 and were$74,309,000 less than at the corresponding period in 1924.

Deposit liabilities aggregated $19,930,062,000 and showed an in-crease in the ye&r of $821,264,000. In the classification of theseliabilities, deposits due to correspondent banks and bankers of$3,333,047,000 showed a reduction of $331,096,000; demand deposits,including TJnited States deposits, amounted to $10,602,641,000, or.$618,663,000 more than a year ago, and time deposits, includingpostal savings, amounted to $5,994,374,000, and showed an increaseof 8533^697,000.

Liabilities for money borrowed amounted to $562,164,000 and ex-ceeded the amount in October, 1924, by $268,134,000. Of the totalliabilities for money borrowed, these banks had rediscounted paperwith Federal reserve banks to the amount of $148,712,000, and hadbills payable with these banks to the amount of $254,474,000.

Statement showing the principal items of resources and liabilitiesof these banks in each State, Alaska and Hawaii, at the close ofbusiness September 28, follows:

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 31: Annual Report of the Comptroller of the Currency 1925

Principal items of resources and liabilities of national banksy September 28, 1925

[In thousands of dollars]to

States, etc.

MaineNew Hampshire..VermontMassachusettsRhode IslandConnecticut

Total New EnglandStates. . . ___.

New YorkNew JerseyPennsylvaniaDelaware •Maryland.District of Columbia.

Total Eastern States

VirginiaWest Virginia...North Carolina.South Carolina..GeorgiaFloridaAlabamaMississippiLouisianaTexasArkansasKentuckyTennessee

Num-ber ofbanks

5854461551762

392

538

1,789

18112482768857103373365287139106

Total Southern States 1, 765

OhioIndianaIllinoisMichigan...Wisconsin..

Loans, in-cluding

overdrafts

354246504126157

67, 78537, 77533, 031

808, 70045, 678

155, 723

UnitedStates

Govern-ment

securities

13,92812,4326,033

92, 3699,164

30,935

1,148, 692

2, 823, 921426, 782

1,451, 27911, 998

158, 42279, 243

4,951, 645

285, 206128, 743132, 288

81, 045136, 407175, 018105, 330

51, 95282,112

561, 64163, 228

175, 064158,192

2,136, 226

164, 861

Otherbonds,stocks,

etc.

43,66914,36117, 568162, 65415, 93139, 618

293, 801

635, 32274, 456

326, 3052, 384

28, 74819,170

31, 74819, 46215, 52211, 88821, 78128, 70316, 5626,3769,100

104, 57210, 48026, 46118, 080

774,053238, 498643, 4126,639

48, 07313, 570

1, 724, 245

22,19515,9814,1167,9555,608

48, 52417, 76912, 0754,591

37, 3584,599

26, 77611,218

Cash invault

1,979972

16, 7391,8466,251

Due frombanks andother cash

items

13,2119,0945,803

173,8496,98632,073

29, 816 241,016

48, 05814, 48944,924

4053,4613,249

1,130,45072, 361

396, 8802,055

45,45921, 211

Capital Surplus

7,3705,2405,060

73,2436? 320

20,002

5, 7164,6422,908

61, 6375,340

16, 709

117,235 i 96, 952

244, 43141, 464

144,1391, 735 I

17,339 |9,427 !

292,92138, 740

215, 2622,052

17,1225,913

Profits

4,8713,2402,31731,0084,51910, 385

Circu-lationout-

stand-ing

5,5914,6314,28919, 6155,1659,693

Totaldeposits

118, 67758, 23648, 661

1, 075, 34659,007

216, 333

56,340 48,984 1,576,260

148, 64518, 84180,9351,0837,8762, 8.18

65, 55720, 82082, 2311,1299,5604,449

4,595,195716, 719

2, 370, 72418, 032

232, 711119, 026

114, 586 I 1, 668,416 458, 535 | 572, 010 260,198 183, 746 | 8, 052, 407

6, 400 |4,104 j3,617 j2, 7203, 5125,3374,5081, 7662,32120,9382,4664,0374,381

320, 735 I 218, 785 66,107

515, 616226, 527979, 966285, 234249, 258

105, 65148, 079143, 98843, 40937, 941

137, 37553, 148167,11593, 96059, 562

16, 88410, 83125, 0238, 032 I7,165 !

58, 77122, 30632, 87921, 52645,28996, 22536, 84818, 28722, 876233,12225, 69333, 81041, 825

19, 457

121, 65855, 863

304, 93278, 85259, 928

30, 37913, 50514,18511, 29415, 51010, 74013,1205,4109,17581, 7717,925

18, 59617, 519

249,129

23,93511, 7338,9595,457 |10,8576,4798,3573,2044,855

37, 7823,35513,86610,150

148, 989

62, 21531,94894, 64826, 183 !27, 005 |

44,13116,48463, 50318, 84314, 761

9,0925,4723,9202,1124,2224,0985,4501,1951,654

20,1862,1936,7163,456

69, 766

26, 3148,590

35, 4029,9718, 092

19, 86410, 2899,5326,7608,2075,3509,2702,9324,237

40, 0083,764

15, 83313,144

149, 190

40, 90225, 07530, 56013, 74914, 428

312, 336150, 462143, 977104, 075179, 973329, 946145, 21074, 959

103,131810, 01388,065

206, 216187, 783

2, 836,146

72, 827321, 093

1, 431, 197452. 013359, 319

Billspayable

4241,931868

8,80580

2,543

14, 651

131, 86111,83147,009

1106, 6443,517

Redis-counts

645199776

31, 041224404

Totalassets

143,68278,27865,116

1,340, 04381, 215

278,196

1,9

75, 726 I2, 730

10.651'200

1,460

5,736, 729855, 874

2,978,12324, 380

294,908147, 204

200,972 91, 035 I 10,037,218

8, 3515,9624, 7531,4971,540

433,0391,598

5347,4361,6574,1744,294

44, 878

11, 2532,4429,8643,9421,250 I

13, 3271,452

11, 0382,4821,181147

1,5073,1014,5923,9412,9285,7275,031

56, 454

12, 5066,1858,3075,2043,162

421, 290199,988199,105137, 635224, 034360,181187, 32793, 277130,986

1,007, 428110, 523274, 804244,104

3, 590, 682

939, 384415, 984

1, 696, 786533,175430, 923

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Page 32: Annual Report of the Comptroller of the Currency 1925

Minnesota . . •_Iowa -Missouri

rt. Total Middle Western2q States

ife North Dakota0 South Dakota _ _Nebraska

to Kansas^ Montana

WyomingColorado __., _New Mexico

w Oklahoma

Total Middle WesternStates __

Washington. _ . _OregonCalifornia _IdahoUtah.. .Nevada __Arizona

Total Pacific States..

Alaska (nonmember banks)Hawaii (nonmember banks)

Total (nonmemberbanks)

Total United States,A laska and Hawaii

318•339135

2,179

158112170259

8432

13531

386

1,367

11399

27156201018

587

42

6

8,085

349, 649234, 807348, 343

3,189,400

53, 71246,098

144, 891128,36341,46023,150

132, 83615, 211

206,630

792,351

156, 544109,124578,98229,44428, 7409,540

14,876

927,250

1,2262,571

3,797

13,149, 361

83, 62641, 58451, 670

555,948

13, 54011, 75917,80027,34610,6675,654

35, 5354,007

4.8, 725

175,033

42,92632,413

112, 5117,0535,8782,7492,713

206, 243

1,0451, 775

2,820

2, 512, 025

80,92234,95754,244

681, 283

12,2007,863

18, 87024,9729,8853,491

40,492978

29,217

147,968

38,44027, 25996,290

3,6345,0911,8631,956

174, 533

4031,622

2,025

3, 242,820

8,6717,8966, 300

90, 802

1,6281,8483, 8575,3032,6601,4447,372

9037,817

32, 832

5,8174,241

13, 8321,272

630401

1,075

27, 268

264666

930

p 362, 341

116, 73454, 743

126,925

\-

919, 635

17,47714, 97149, 89250, 77117, 2888,652

55,1513,781

89,244

307, 227

58,40141,110

183, 46312, 01711, 7123,3164,289

314, 308

9371,026

1,963

4,142, 022

37, 63326, 52042,093

348,245

6.3905,094

16,21518,1885,7452,725

12, 5652,135

27,095

96,152

17,96514,02062, 8333,7603,4501,3851,500

104,913

200600

800

1, 375,009

21, 26212,97317, 074

209, 031

2,9322,3268,4349,0042, 5221, 7019,453

9147,195

44,481

7,2555,807

35,9491, 6431,391

645622

53,312

120600

720

1,125,495

8,3974,307

• 11,060

112,133

690647

3, 7473,0171,157

4563,372

1922,946

16, 224

4,4213, 283

19, 237573775167252

28, 708

56139

195

543, 564

14, 53117, 53316, 765

173, 543

4,1922, 8128,3019,9352,4501,7315,1201,1128,315

43,968

9,5473,259

30,1612,3092,2561,192

564

49, 288

60442

502

649, 221

572, 295325, 752507, 472

4, 697,417

90, 59074,800

206, 600207, 721

73, 64537, 648

245,98621, 826

350,256

1,309,072

271,438194, 519851,95546,92446,10415, 32822, 746

1,449,014

3,5326,214

9,746

19, 930, 062

1,7951,929

778

33, 253

322280888115312

41544142

1,949

4,593

1,5931,627

13, 35477960

867

18, 280

316, 627

2,0105,9372,773

46,084

5031,0992,302

675412

751,214

2833,072

9,635

1,4611,6874,754

36719778

496

9,040

245, 537

664, 0119QR QOQ

602, 763

5,679,955

105, 65487,162

247,410249, 504

86, 33644, 413

278, 71126, 629

401,945

1, 527, 764

315, 869225, 551

1,036, 58756, 45154, 58318, 81927,491

1, 735, 351

3,9688,059

12, 027

24, 569, 527

1ofcrj

aQO

o

a

3.a

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Page 33: Annual Report of the Comptroller of the Currency 1925

24 EEPORT OF THE COMPTROLLER OF THE CURRENCY

NATIONAL BANK LIABILITIES ON ACCOUNT OF BILLS PAYABLEAND REDISCOUNTS

The total liabilities of national banks for money borrowed, repre-sented by bills payable and rediscounts, amounted to $582,164,000,September 28, 1925, and show an increase at the date of each reportcalled for since December 31, 1924, or during the year covered bythis report. The increase in bills payable in this period was $114,-323,000 and the increase in rediscounts was $49,141,000.

The liabilities referred to, of national banks in each Federal reservedistrict, at the date of each report since December 31, 1924, are shownin the following statement:

Total borrowings of national banks on account of bills payable and rediscounts ineach Federal reserve district at date of each report during year ended September B8t1925

[In thousands of dollars]

Dee. 31,1924:Bills payableRediscounts

Total

Apr. 6,1925:Bills payableRediscounts

Total.

June 30,1925:Bills payable.._ _ _ _Rediscounts

Total

Sept. 28, 1925: mBills payableRediscounts

Total

DistrictNo. 1

22,76239,568

62,330

18,15635,425

53,581

17, 70635,271

52,977

14.60333,289

47,892

Dec. 31,1914:Bills payableRediscounts „

Total

Apr. 6,1925:Bills payable . . .Rediscounts

Total

June 30,1925:Bills payable - __Rediscounts

Total

Sept. 28,1925:Bills payableRediscounts

T o t a l . . . .

DistrictNo. 2

63,32867,830

131,158

98,44372,022

170,485

89,44670,007

159,453

139,72077,359

217,079

DistrictNo. 8

4,7343,684

8,418

4,9723,729

8,701

3,6837,133

10,816

7,96513,924

21,889

DistrictNo. 3

27,32010,868

38,188

26,3077,937

34,244

34,10910,407

44,516

34,69210,579

45,271

DistrictNo. 9

1,8193,951

5,770

1.2803,760

5,040

2,3853,838

8,223

2,8364,049

6,885

DistrictNo. 4

32,25415,348

47,602

20,29718,748

39,045

24,48213,901

38,383

31,09815,058

46,156

DistrictNo. 10

1,4794,513

5,992

3,0783,680

6,758

1,9226,406

8,328

3,3217,041

10,362

DistrictNo. 5

23,32118,526

41,847

18,78823,091

41,879

25,98929,355

55,344

29,15829,935

59,093

DistrictNo. 11

3,7431,919

5,662

1,9871,018

3,005

6,102- 4,278

10,380

8,3744,742

13,116

DistrictNo. 6

6,0499,356

15,405

5,3048,672

13,976

5,46514,420

19,885

9,29512,680

21,975

DistrictNo. 12

3,9474,904

8,911

8,7086,441

15,149

9,2989,807

19,105

17,7408,851

28,591

DistrictNo. 7

11,54815,869

27,417

11,87842,074

53,852

24,52029,051

53,571

17,82528,030

45,859

Total

202,304196,396

398,700

219,198226,597

445,795

245,107233,874

478,981

316,627245,537

562,164

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Page 34: Annual Report of the Comptroller of the Currency 1925

BEPORT OF THE COMPTROLLER OF THE CURHEKOY 25

LOANS AST) DISCOUNTS OF MATIOFAL BA1TXS JIT1TE 80, 1925

The loans and discounts of national banks amounted to $12,674,-067,000, June 30, 1925, and exceeded the amount June 30, 1924,by $695,339,000.

Time loans not secured by collateral, but bearing the indorsementof one or more individual or firm names, amounted to $6,132,318,000?or 48.39 per cent of the total. Fourteen and fifty-four hundredthsper cent of the total loans were on demand paper secured by stocksand bonds, and amounted to $1,843,167,000; loans on time papersecured by stocks and bonds, aggregated $1,817,730,000, or 14.34per cent of the total.

A classification of the loans and discounts of national banks inthe fiscal years ended June 30, 1923, to 1925, inclusive, is shown inthe following statement, supplemented by similar informationreported by these banks in reserve cities and States, June 30, 1925.

Classification of loans and discounts for the last three fiscal years[In thousands of dollars]

Class

3 or more indi-names (not secured by

On demand,vidual orcollateral) „

On demand, secured by stocks and bonds..On demand, secured by other personal

securities, including merchandise, ware-house receipts, etc.-

On time, paper with one or more indi-vidual or firm names (not secured bycollateral)

On time, secured by stocks and bondsOn time, secured by other personal securi-

ties, including merchandise, warehousereceipts, etc

Secured by improved real estate underauthority of sec. 24, Federal reserve act,as amended:

1. On farm land- _ . — .2. On other real estate - -.-.

Secured by real-estate mortgages or otherliens on realty not in accordance withsec. 24, Federal reserve act, as amended:

1. For debts previously contracted(sec. 5137, R. S. U. S.)—

(a) Farm lands .„ _.(6) Other real estate

2. All other real-estate loans—(a) Farm lands — . . . . . .(&) Other real e s t a t e — . — — .

Acceptances of other banks discounted....Acceptances of reporting banks purchased

or discounted - -Customers' liability on account of drafts

paid under letters of c r ed i t . . . . . . . . ,

June 30, 1923

Amount

733,5381,463,203

278,090

8,176,7431,519,817

1, HI, 27:

108,892125,070

127,33967,942

10,39323,101

60,874

11,392

2,506

Percent

6.2112.38

2. Si

52.2712.86

9.40

1.06

1.08.57

.09

.19,51

.10

.02

June 30,1924

Amount

Total. 11,817,6771 100.00

737,5591,545,625

263,618

8,123,6041, 559,698

1,087,096

116,000188,897

Per

9.03126, 54391,026

33,998

1,367

6.1612,90

2.20

51.1213.02

9,08

,971.53

120,122 ! 1. 0074,536 .62

.08

.22

.70

.01

11,978,728 I 100. 00

June 30, 1925

Amount

726,1001,843,167

300,561

6,132,3181,317,730

1,062; 755

Percent

123,33281,874

10,33429,797

107,767

43,766

3,105

5.T314.54

2.87

14.34

8,89

122, 214 .96269, 247 % 12

.07

.65

.24

.85

.35

.02

12,674,067 i 100.00

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Page 35: Annual Report of the Comptroller of the Currency 1925

Loans and discounts of national banks June SO, 1925

tin thousands of dollars]a*

Cities, States, andTerritories

On demand On time

Sal

111Pi1 1 2!!!

Secured byimproved realestate underauthority ofsection 24,

Federalreserve act,as amended

2

Secured by real estate mort-gages or other liens onrealty not in accordancewith section 24, Federalreserve act, as amended

1. For debtspreviouslycontracted(sec. 5137,

R. S., U. S.)

2. All otherreal estate

loans

5o

&

CENTRAL RESERVE CITIES

New YorkChicago

Total central reservecities

OTHER RESERVE CITIES

BostonAlbanyBrooklyn and BronxBuffalo __ _Philadelphia

30,19330,614

582,472156,641

48,18543,030

837,112237,908

410,40296,336

73,86536,954

5889

21250

1,549 33323

67,1264,027

31,4634,608

97956

2,084,305610,617

438,336183,846

60,807 739,113 91,215 1,075,020 506,738 110,819 84 597 271 1,643 356 71,153 36,071 1,035 2,694,922 622,182

35,5251,073

1413,017

21,718

76,38225,1716,528

17,99887,459

22,8181,388

770850

12,465

236, 56423,24122, 95914,262257,086

78,2452,5893,5033,10759,420

14,41011136666

14,349

442 15,697

2692,6961,443

9614061432

1,825

3001

233

10,560 746 1,045

17

2,220 167

493,69555,54634,66042,007459,927

61,71517,16011,95511,120138,110

31, 67416,533

48,207

6,990366911402

4,592

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Page 36: Annual Report of the Comptroller of the Currency 1925

PittsburghBaltimore _WashingtonRichmondAtlantaJacksonvilleBirminghamNew OrleansDallasEl PasoFort WorthGalvestonHouston .._San AntonioWaco _Little Rock „LouisvilleMemphisNashvilleCincinnatiClevelandColumbusToledoIndianapolisChicagoPeoriaDetroitGrand Rapids..MilwaukeeMinneapolisSt. PaulCedar RapidsDes MoinesDubuqueSioux CityKansas City, Mo..St. JosephSt. Louis.LincolnOmahaKansas City, Kans.TopekaWichitaHelenaDenverPuebloMuskogee....Oklahoma CityTulsaSeattleSpokanePortlandLos Angeles

16,1323, 7583/6123,4282,1041,103254

3,8261,917

78989171

2,783628

1,012235

1,45790

1,1696,4233,5793, 9521,0391, 94711,583|1, 676|401259

8,14711, 6691,268

3311,426

3745661

4,098i519

14,929429

1,95629

61479

258294

16188699

1,9402,226

344402

7,209

70,48819,11420,9913,8412,8767,959302

1,75913,453

571,6315,41114,454

5861,004

358,593709

1,89519,5238,1267,9931,9511,7364,1164,1543.722383

9,74121,1508,4881,4281,147298

1,8037, 5761,725

31. 696'2765,138883239

3,44230

5,9444783

6,8284,5213,034163

1,31023,331

2,6222,5064,2962,066838

1,514216

2,070482

4585,0672,296319626133

1,317542376

1,1292,23347211580762597573242

1,9766,741

32

93868475

3,722406

8,23029

1,438

30915946242

401,110294

2, 470365516

4,170

81,48258, 65537,94635,46136, 81325,34920,84014,10434,3659,58916,4705,51429,48515,8866,4054,33931, 6544,91825,05230,41424,62019, 9661,41631,08113, 7737, 243

72, 53011, 32054, 61250,12033,7365,8307,8351,25610,08024,17612, 55972,95111, 64721.5051,8074,3705,6741,73122,4433,3634,32611, 48722,98133, 85517, 27426,94991,620

24,9566,7135,11713,43612,3228,8082,5191,79710,3962,9778,0451,23016, 6114,0291,199632

13, 7182,6125, 65518,4499,052

15, 637664

5,870j8,0452?239

48, 6555,229

17,41312,4709,1304,0345,9781, 2551,43713,6991,712

37, 5372,68812,590

720995|

1,650662

17,009600

1,4944,87410,2389,0804,0646,854

31,463

2,3776,6803,4788,9256,1858,1832,605595

14, 9411,0529,142574

5,4411,3121,1066,2472,2445,3714,2143,8351,952

196,0422,6161,5,799690

9,23220, 3752,452238

4,767823

2,98726,3271,09917,9511,14219,9212,6381,3683,945759

21, 4891,5461,4419,2126,7348,3904,1807,73619,140

919112

75

366

264

8229102

161

33

69

498

146

7331,1007238

3525425126101045071341616916

1,772

13213525184154120

608155

1,494195

347135

1,492145783246301166

71689

5,4995044292449784

5,554594176694176784922472073

4575936813201078

956

3454291062347

1,640

"61710283

32

2682751474

37290042272

22683

3

21

36

189

226564809137732018697858252458206502

393234260179440426

1,931

976303152853292614131572643669113

577341996428245619

31838127307

6188130283182

35461

494260

14210

32320

337

279

162219

1,212652301804

1,476

2177

7

722

53

101

15

1211419

107

25

13340150394

104154

9650617

23

65524

44816288248124

37

1,549

167212

85

4011733

\

11

203

80152

196510

4,960

214

2,249313

244

35

995

912

1,061

304

72,135

6353

21372

1

10

289

351275

15

68

2

2

3674

32

199, 77497, 72977,67167,75461, 64453,52427,01924,48979,30214,63937, 97418, 21976,07228,44212, 6166,68563,19211,58640,34780,82363,23550,8845,556

47, 82231, 39218,029

139, 67119, 622

101, 605126, 60256,90312,89623,2654,92818,92881,19018,069186, 48016,45365, 1116,4168,61415,9513,530

72, 3315,5748,37535,14448,651fift V)ADU, Ov<±

27,19545,105184,303

53,00424,6949,87619,45218,12518,37115,2634,50123,7814,75014,4447,96916,47311,5814,8142,00619,6602,70013,10019,17913, 9439,4361,50014,20510,0238,96517, 2454,28032, 69027,03421,9813,95010,4432,4207,57326,0859,05053,8936,08025,0011,8784,6327,6941,70024,3682,0542,14510,7737,891

oo ctonjL/Of D o U

9,39923,21832,349

2,091971726624244647582210

1,126

4432497222827

1,14788342

3,110260

2,151159

1,2271,11524798871749808632110123325150653279

5,5402751612414154206632346171278

1,238102463

4,123

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 37: Annual Report of the Comptroller of the Currency 1925

Loans and discounts of national banks June SO, 1925—Continued

[In thousands of dollars]

oo

Cities, States, andTerritories

On demand

I

On time

II1OS

Secured byimproved realestate underauthority ofsection 24,

Federalreserve act,as amended

Secured by real estate mort-gages or other liens onrealty not in accordancewith section 24, Federalreserve act, as amended

1. For debtspreviouslycontracted(sec. 5137,

R. S., U. S.)

2. All otherreal estate

loans

I1-a2

a

1o

OTHER RESERVE CITIES—continued

OaklandSan FranciscoOgdenSalt Lake City

Total other reservecities

Total all reservecities

33,495176

2,027j 343

7,03378,4312,6293,301

211

8723,871!

42013,124

7972,711

6841052

619ao

21710894

1,532 1,41117,707

177,8565,048

18,475

44,9931,4756,283

352,528

30232

1212,796

!=

618,114|ll5,746|l,911,418 640,909 365,122 9,212 46,459 12,583

J273,603]l,357,227|206,98l|2,98B»_438[:1,147,647 475,941 9,296] 47,056 12,854]

19,603)

21,246

27,79 5,895 1,925) 3,994,646j 1,060,752 52,904

98,951 41,966 2,960| 6,689,568 682,9341 101,111

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Page 38: Annual Report of the Comptroller of the Currency 1925

COUNTRY BANE.3

MainsNew HampshireVermont __» « _„.Massachusetts _«Khode IslandConnecticut.

Total New EnglandStates

New York.. . __..._N e w Jersey „ „ . _ . .PennsylvaniaDelaware „ . . . . .Maryland... . . . . .

Total Eastern States.

Virginia . .West VirgipfaNorth CarolinaSouth Carolina . .GeorgiaFloridaAlabama ._ „ __„_MississippiLouisianaTexasArkansasKentuckv. .... _ „__„_Tennessee.......

Total Southern States.

OhioIndianaIllinois . „ . . .MichiganWisconsinMinnesotaIowa___ . . . ."Missouri

Total Middle West-orn States.

7,7225,8795,883

13,8941,528

10,199

45,105

45,63638,92008,561

1,5236,263

188,903

6,9104,4372 9232,7482,6742,0852,839

560878

13,417779

7,5252,738

50,493

43,2978,481

28,6473,9574,8088,8328,8745,054

109,925

9,4197,8553,015

29,4722,639

25,202

, 77,602

64,83769, 565

104,2511,8474,084

245,184

4,1426,4591,3282,6691,546

10,9935,322

1392, 560

11,8711,3325, 5381,167

55, GG6

35,6514,165

14,21610,9124,365

11,0971,1181,647

83,171

759©23

1,2145,6741,3611,839

11,775

7,2986,4597,079

284508

21,628

2,2721,0271,2471,7072,0381,1281,675

426342

4,822535872364

18,455

4,5341,0453,4831,5041,3495,7122,1062,722

22,435

31, 75816,832

157' 35926,03374,388

322,338

269,382218,143363, 277

5,78529,010

885,577

126, 55079, 30883, 78636, 26932, 54543,93932,62123,34225,717

119,73527,02765, 78467, 200

764,423

134,984113,733189,02365,51992, 53967,173

107,93525, 9C2

TM, 868

6,8188,0842,404

54,1947,377

27,165

101,042

49, 27732,15088,489

5577,639

178,112

36,18528, 43022,19514,1145,679

10,3774,601& 7375,947

14,9364,641

12, 55015,415

180,807

33,72724,78225,52825,284•21,81712, 51710,2314,718

158,604

2,1721,0261,3179,1301,4802,790

17,915

11,9564,605

10,91145

1,386

28,903

12,6672,888

12, 64916,3929,543

13,91519,55910, 3189,528

85, 042m 2935,3856,434

214,613

6,3626,015

14,6884,7899,393

29,89218,9767, 501

97, 616

804254758597

13G

2,543

3.739867

4,778568

1,384

11, 336

3, 356902

1,7292,2062,5441, 0191,2391,494

8223, 7191,4212,7751,166

24,392

7,4086,3768,8934,8775,511

11,1784,4511,312

50,006

3,541735967

14,3471,0445,918

26,552

22,50529,06949,800

2352,239

103,839

5.0443.3141,7911,484

9763,1131,4752,103

6632,1811,2082,2211,039

26,810

13,2456,6774,251

12, 7174,9904,4551,7861,204

49,325

40444

219391

7114

1,179

2,023559

1,01283

533

4,210

1,580242

1,1371,8242,891

3201,993978

2,2319,6491,9012,1381,073

27,957

3,7933,7156,095

5931,6077,537

14,6561,521

39,517

818269297

1,9644

1,361

4,713

5,8553,0385,298

118299

14,608

2,0071,435

8561,0941,424

654951524623

3,907507

1,2931,547

16,822

3,2862,1052,862

9311,3011,4792,318

"S971

14,679

64

10519

28

162

51636

72213

231

1,518

235635291633360

46917

80833

17135

2,128

22242738445

160618876

63

2,795

7603

5543,330

58701

4,782

2,5804,9364,329

23292

12,160

25513611310539

16496

226141401

9441

79

2,205

1,205262270155397278253

50„„._. ,,

2,870

126147

1438i10252

822

1,084242821

2,147

135

27

1,84529

11

2,038

364

1,238

434236300

31

2,306

50

IIIIIIIII-II-I4

16

70

1007933

212

30

48886

218

2367

667

37168

72

4172216

669

64,47337,12082,715

290,75641,633

149,903

616,600

1 486,76812! 406,680

7! 739,3684 11.085

54,459

23| 1,698,360

1242

______16

70

26

7

201, 233128.641129,80680,84262,05087, 80672,68648,31649, 511

272, 56750,320

106, 71098, 258

1,386, 748

287,754177,995297, 566131,291148,668161,421173,90252,198

1,430,793

11,6097,8897,553

77,67212,73937,054

154,576

147,91194,851

130,6513,850

10,684

387,047

61,70019,08641,01930,90125,70430, 80531, 47815,91015, 634

118, 77920,32024,32937, 573

473, 298

55,16854, 52190,39030,34146,42754, 29769, 63518,039

418,818

1,371761485

3,697445

2,168

8,927

4,9274,7828,682

179566

19,136

2,4881,4961 703

553401600418347111

1,180417

1,074881

11,667

4,727E,0792,9281,2061,208

703392507

14,750

OO

3

fed

O

IO

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Page 39: Annual Report of the Comptroller of the Currency 1925

Loans and discounts of national banks June SO, 1925—Continued

[In thousands of dollars]

COO

Cities, States, andTerritories

COUNTRY BANKS—COntd.

North DakotaSouth DakotaNebraskaKansasMontana _._Wyoming -_._ColoradoNew Mexico.-Oklahoma

Total Western States.

On demand

2,462850

3,2155,3,748

3731,461

5083,454

21,369

565543160

2,2814,228

7741,462

631,915

11,991

1,080689673

1,31399373

1,169400877

7,267

On time

17,16620,31135,81046, 652112,3458,016

20,8146,627

37,821

2,2501,747

205, 562

1,6612,7733,6191,0564, f

25,138

18, 83215,52916,96828,65710,084

11, 6505,317

48,567

169,484

Secured by-improved realestate underauthority ofsection 24,

Federalreserve act,as amended

3,3281,4751,2532,1971,222448

1,475257

1,651

13,306

1,425458317

1,009443283417233

1,271

5,856

Secured by real estate mort-gages or other liens onrealty not in accordancewith section 24, Federalreserve act, as amended

1. For debtspreviouslycontracted(sec. 5137,

R. S., U. S.)

4,7323,6043,2583,7171,5121,4352,290387

4,047

24,980

515578615980404472628237

1,391

5,820

2. All otherreal estate

loans

312162|197203

123

5129

232

1,201

11517368

16949235695

116

864

106651

256

34 45

45

52,22346,62264,28897,92536,72922,55351,20115,274

106,420

493,235

19,94321,21828,00539,64611,9757,74111, 6746,027

47,424

193, 653

xi

'%

"83

'd&«_«8

ible

oO

1oaw

©

>>

S

47532557731176815084367

1,914

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 40: Annual Report of the Comptroller of the Currency 1925

Washington _OregonCalifornia. _IdahoUtahNevada --Arizona

Total Pacific States. .

Alaska (nonmember banks)The Territory of Hawaii

(nonmember banks).

Total (nonmemberbanks)

Total Country banks.

Total United States,Alaska, and Hawai i .

3,0348,160

21, 77163754

2,166155

35,977

251

474

725

452,497

726,100

2,007922

6,618206115702509

11,079

12

1,835

1,847

485,940

1,843,167

2,514 35.1312,4115,042

88614

988122

11,977

14

49

63

93,600

300,561

18,30489,16214,1442,9842,6857,834

170,244

783

85

868

3,145,880

6,132,318

4,6001,416

17,1241 316

765384766

26,371

8

1

9

670,083

13, 5549,653

19, 6849 6491,134

9033,519

58,096

71

116

187

586,814

i1,817,730 1, 062, 755

1,517709

7,096954395496160

11,327

3

5

8

112,918

122,214

750440

7,810244155151217

9,767

149

93

242

222,191

269,247

1,7472,0064,5051 818

452763

1,344

12, 635

110,478

123,332

321648

2,212340128159178

3,986

60, 628

81,874

117241354177

41817

928

8,732

10,334

26011256941228012

1,096

23,977

29, 797

52117813

265

1, 247

8,816

107, 767

I83

86

1,800

43, 766

145

3,105

65,60545,141

182,84330 4126,2229,495

15,098

354,816

1,291

2,658

3,949

5,984,499

12,674,067

22, 75413, 79141,60313 3412,3362,4374,977

101, 239

432

432

1,729,963

3,412,897

435258729141194347

1,672

4

10

58,076

159,187

IoHrJ

QO

wo

o

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Page 41: Annual Report of the Comptroller of the Currency 1925

82 REPORT OF THE COMPTROLLER. OF THE CURRENCY

COMPARATIVE STATEMENT OF LOANS AND DISCOUNTS,INCLUDING REDISCOUNTS, MADE BY NATIONAL BANKSDURING LAST THEEE FISCAL YEARS

The percentage of loans and discounts of national banks in thecentral reserve cities of New York and Chicago to the total loansand discounts of all national banks in the United States June 30,1925, as well as similar information with respect to banks in otherreserve cities, etc., is shown in the following statement, in com-parison with like information for the fiscal years ended June 30,1923 and 1924.

[In thousands of dollars

Banks i n -

New York

Do . . -ChicagoOther resorv© cities - - ;-

All reserve cities . _States (exclusive of reserve cities)

Total United States . . .

Loans

June 30, 1923

Amount

1, 827,033

]> 2,375,3983,740,783

6,116,1815, 701,490

11,817, 671

Percent

15.46

20.1031.65

51.7548.25

100.00

June 30,1924

Amount

2,009,100

2,603,7643,614,971

6,218,7355, 759, 993

11, 978, 728

Percent

16.77

21.7330.18

51.9148.09

100.00

June 30,1925

Amount

2,084,305

2,694,9223,994,646

6,689,5685,984,499

12,674,067

Percent

16.45

21.2631.52

52.7847.22

100.00

COMPARATIVE CHANGES IN DEMAND AND TIME DEPOSITS,LOANS AND DISCOUNTS, UNITED STATES GOVERNMENTAND OTHER BONDS AND SECURITIES, AND THE AMOUNTOF LAWFUL RESERVE OF NATIONAL BANKS SINCE JUNE30, 1921

Demand and time deposits held by national banks June 30, 1925,were at the highest point during the existence of the national bank-ing system. Demand deposits show an increase since June 30, 1924,of 8.72 per cent and time deposits an increase of 12.64 per cent.

Loans and discounts show an increase of 5.8.0 per cent in the year;investments in United States bonds and other miscellaneous bondsand securities, an increase of 11.44 per cent; and the amount of law-ful reserve with Federal reserve banks shows an increase of 10.69per cent in the year.

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Page 42: Annual Report of the Comptroller of the Currency 1925

EEPOBT OF THE COMPTROLLER OF THE CITBEENCST 33

The percentage of increase or reduction of each of the resource andliability items referred to between fiscal years since June 30, 1921, isshown in the following statement:

[In thousands of dollars]

Demand deposits _Time deposits. _. _Loans and discounts *_United States and

other bonds, stocks, \etc

Lawful reserve with \Federal reserve ;banks j

June 30,1921

8,709,8253,695,806

12,004,515 1L

4,025,081

1,040,205

June 30,1022

9,152,4154, 111, 951"1,248,214

4,563,325 +13.37

1,151,605 +10. 71

Percentin-

crease(+)

or de-crease(-)

sinceJune

30,1921

+5.08+11. 26

June SO,1923

. . +1.484, 755,162 +15. 64

-6.3011,817,671

5,069,703 +11.10

1,142,736] - . 7 7

Percentin-

crease(+)

or de-crease(-)

sinceJune30,

1922

June 30,1924

9,593,250

+5.06 11,978,728

5,142,328

1,198,67

Percentin-

crease(+)

or de-crease(~)

smeeJune

eo,1923

June 30,1925

Percentin-

crease(+)

or de-crease

sinceJune30,1924

I

+3. 28 10,430,254! +8. 72y, oya, xov i~<5. zo IU, <±ov» zot\ i -o. # a5, 259,933 +10. 62 5,924,658i+12,64

+1.36112,674,067 +5.80

+ 1 . 43

+4.89

5,730,444

1,326,864 +10. m

4-11,44

i Includes rediscounts and customers' liability under letters of credit,

XJFITED STATES GOYEEFMEFT SEOFBITIES HELD BY FA-TIOHAL BAFKS IF RESEBVS CITIES AND STATES

Investments by national banks in United States Governmentsecurities June 30, 1925, aggregated $2,536,767,000, and exceeded theamount June 30, 1924, by $54,989,000. Exclusive of Victory notesheld by these banks to the amount of $1,102,000, which are non-interest bearing, the holdings of these banks in Government securitieswere equal to 12.55 per cent of the interest-bearing debt of theUnited States on that date.

Liberty loan bonds show an increase in the year of $37,519,000;war-savings certificates and thrift stamps, a reduction of $194,000;United States certificates of indebtedness, a reduction of $19,358,000;short-term Treasury notes, a reduction of $157,733,000; and all otherissues of United States bonds, including 2 per cent consols of 1930and Panama Canal bonds to the amount of $674,626,000, depositedto secure circulating notes5 show in increase in the year of $194,438,-000.

The amount of these securities held by national banks in reservecities and States on the date indicated is shown in the statementfollowing:

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Page 43: Annual Report of the Comptroller of the Currency 1925

3 4 REPORT OF THE COMPTROLLER OF THE CURRENCY

United States Government securities owned by national banks June 30, 1925

[In thousands of dollars]

Cities, States, and Territories

CENTRAL RESERVE CITIES

New York. « « . >_ .Chicago

Total central reserve cities

OTHER RESERVE CITIES

BostonAlbanyBrooklyn and Bronx _BuffaloPhiladelphiaPittsburghBaltimoreWashington . .RichmondAtlantaJacksonville . .BirminghamNew OrleansDallasEl PasoFort WorthGalvestonHouston _ _ _ _ _San AntonioWacoLittle RockLouisville .__ . _Memphis .NashvilleCincinnatiClevelandColumbus. -ToledoIndianapolisChicagoPeoria „DetroitGrand RapidsMilwaukeeMinneapolisSt. PaulCedar Rapidsbes MoinesDubuqueSioux CityKansas City, Mo «.__ .St. JosephSt. LouisLincoln .OmahaKansas City, Kans * .TopekaWTichitaHelenaDenverPuebloMuskogee. _Oklahoma City iTulsaSeattleSpokanePortlandLos Angeles _OaklandSan FranciscoOgdenSalt Lake City

Total other reserve cities

Total all reserve cities

Libertyloan

bonds,all issues

217, 63217,683

235,315

23,9965,3424,6006,294

21,58665,46514,7289,3492,0126,2172,3801,114

7505,5251,4274,7211,4622,7381,772

755174

2,902296927

7,9387,2403,5321,4351,8977,2271,872

13,710785

3,18510,13910, 559

2662,7861,5022,1525,142

5574,247

8472,419

7561,298

793307

8,382861

1,7108,3745,1579,357

68213,73013,6342,876

20,849321

1,522

366,578

Victorynotes

1

1

1

5

5

11

601,893 | 12

Warsavingscertifi-catesand

thriftstamps

4

4

1

4

8

4

9

8

34

38

UnitedStatescertifi-cates ofindebt-edness

43,88910

43,899

2,365274

1492,0321,0052,578

274140

9042

9972,251

150

89340

25

9231,169

166

337187325350

4443,5951,900

100

1949

26055

' 22313229182

48810

8664,389

6283

6,565600

1,404

814

40,993

84,892

Short-term

Treasurynotes

105,59029,814

135,404

4,92151115951

5,32629, 952

290821

821, 534

10016

3,285

2661,0583,204

128

25297

2, 9442,525

17450

7891,563

4431,597

3991,9152,851

10,4551,263

331416577

4,464214

4,5261233332

112

1907,937

646179411

92,832

9417,256

986,090

101456

116,968

252,372

All otherissues ofUnitedStatesbonds

164, 5689,830

174,398

9,6352,9301,1455,552

17,55723,1308,7348,2371,2974,4983,1641,7503,0527,4911,2073,3931,5744,5112,9091,700

2204,1801,1472,7828,1375,1943,9182,1156,7102,6482,9802,0323,1835,123

11,0633,2021,0412,354

4001,0764,159

86613, 606

7702,8911,0001,386

2726,593

541960558905

7,8092,8255,2727,2611,131

11,832788

1,120

255,516

429,914

Tota

531,67957,342

589,021

40,9179,0575,904

12,04746,501

119,55226,33018,6823,449

10,7977,9822,9664,815

18,5522,7848,3804,098

11,3514,8492,455

4197,4121,4433,709

19,94716,1287,7943,6009,733

11,6345,620

17,6894,367

10, 66727,64826,1162,5705,5712,3183,806

14,7141,637

22,6391,7955,5661,9203,087

875769

23,4082,0582,8499,3436,937

24,3873,513

20,22634, 7164,705

40,1751,2103,912

780,100

1,369,121

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Page 44: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY 3 5

United States Government securities owned by national banks June 30, 1925—Con.

Cities, States, and Territories

COUNTRY BANKS

Maine - -New HampshireVermont .MassachusettsRhode Island . .C o unecticut

Total New England States

New YorkNew JerseyPennsylvania.-DelawareMaryland

Total Eastern States..

VirginiaWest VirginiaNorth CarolinaSouth Carolina . .GeorgiaFlorida _ .Alabama _Mississippi - . . . .Louisiana . ._ .TexasArkansas -KentuckyTennessee „_ . . . __ -

Total Southern States

OhioIndiana --_- - . . . .Illinois _._ - - _MichiganWisconsinMinnesota *Iowa _. . . _Missouri

Total Middle Western States.....

North Dakota _South Dakota .._Nebraska _Kansas.MontanaWyomingColorado .New Mexico.- . „Oklahoma. _._„.. . _ . . . . . . . . .

Total Western States

WashingtonOregon . .CaliforniaIdaho.- . . .UtahNevadaArizona-.

Total Pacific States

Alaska (nonmember banks)-The Territory of Hawaii (nonmember

Total (nonmember banks)

Total country banks-- —

Total United States, Alaska, andTTfrwpii . , , ., .. .

Libertyloan

bonds,all issues

6,0394,8021,289

25,2013,506

13,462

54,299

44,26936,38572,966

9693,410

157,999

7,0287,4905,6314,1401,6708,0662,3472,476

32914,4514,5264,8761,203

64,233

19,10013,06934,2109.2858,571

12,14310,4374,300

111,115

7,8446,2203,2237,0905,5112, 8205,7432,177

17, 324

57,952

8,2965,262

14, 2073,974

5271,0591,474

34,799

785

1,236

2,021

482,418

1,084,311

Victorynotes

6525

442

532

71114

4

50

17

256

48205

251

279

2

11

3

7

15

1

16

1,090

1,102

Warsavingscertifi-catesand

thriftstamps

11

4

6

44931

84• • —

14

14

128

110

158

1816539

149

101

130

10

17

27

455

14

2

2

421

459

UnitedStatescertifi-cates ofindebt-edness

510420

1,18529

161

1,504

3,8541,5155,470

111243

11,193

447749862

2271,312

665339358

3,705696257555

8,795

7601,2262,5281,0921,6781,712

973657

10,626

522356559

1,097186

1208

487

3,335

21616350221

175268

1,345

- :'- —36,798

121,690

Short-term

Treasurynotes

1,22371181

6,890302

2,890

12,097

6,4437,906

15,14877

563

30,137

83481455

173550686811

68452

4,31490391881

10,659

2,3651,5603,8221,0631,9112,6891,0881,057

15,555

777607446763

1,230205

1,078144

1,126

6,376

2,189476

1,613248

226136

4,888

201

201=

79,913

332,285

All otherissues ofUnitedStatesbonds

6,6016,2674,625

21,6076,124

12,870

58,094

41,12929,69476,8901,2274,570

153,510

19,64711,0649,4927,0035,9344,0378,9533,2593,015

29,4004,701

12,88610,959

130,350

31,86422,37830,84912,86113,57414,30916,8326,129

148,796

4,9633,7426,992

10, 0253,1492,5484,6291,3458,138

45, 531

5,3223,695

15,7602,515

6381,259

759

29,948

262

515

777

567,006

996,920

Total

13,86911,8856,015

54,8879,961

29,383

126,000

95,76475,574

170,9472,3848,786

353,455

27,95619,51315,39011,3788,382

14,10512,7906,1464,154

52,04810,82618,93812,825

214,451

54,10738,29771,66724,31025,74830,88729,34112,144

286,501

14,10610,92511,22018,98710,0765,574

11,5713,674

27.095

113,228

16,0279,601

32,1026,7581,1662,7192, 637

71,010

1,049

1,952

3,001

1,167,646

2,536,767

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Page 45: Annual Report of the Comptroller of the Currency 1925

86 REPORT OF THE COMPTROLLER OF THE

INVESTMENTS OF NATIONAL BANKS

United States Government and other miscellaneous bonds and securi-ties held by national banks June 30,1925, amounted to $5,730,444,000and exceeded the amount in June, 1924, by $588,116,000.

State, county, or other municipal bonds showed an increase in theyear of $89,172,000; railroad bonds, an increase of $100,379,000;other public service corporation bonds, an increase of $97,679,000;and all other miscellaneous bonds, including claims, warrants, judg-ments, etc., showed an increase of $141,341,000.

Foreign government bonds show an increase of $61,292,000; mis-cellaneous foreign bonds and securities, an increase of $37,108,000;and domestic stocks, including Federal reserve bank stock, increased$6,156,000.

Comparison of the investments of these banks in the years endedJune 30, 1924 and 1925, and classification of miscellaneous bondsand securities, with the total of Government securities, held bybanks in reserve cities and States June 30, 1925, are shown in the fol-lowing statements:

[In thousands of dollars]

June 30,1924

June 3®,1925

Domestic securities:State, county, or other municipal bondsRailroad bondsOther public-service corporation bondsAll other bonds „Claims, warrants, judgments, etcCollateral trust and other corporation notes

Foreign government bonds _Other foreign bonds and securities.Stock, Feder&l reserve banksStocks, all other

TotalUnited States Government securities..

Total bonds of all classes

505, 528573,571397,560575,74390,594105,933179,47085,05572,31874,778

594,709673,95®496,239698,23590,548124,828240,762122,16374,48878,764

2,660,5502,481,778

3,193,6772,536,767

5,142,328 5,730,444

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Page 46: Annual Report of the Comptroller of the Currency 1925

United States Government, domestic, and foreign bonds 3 securities, etc., owned by national banks June SO, 1925

[In thousands of dollars]

Cities, States, and Territories

CENTRAL RESERVE CITIES

New YorkChicago.-. ____. __

Total central reserve cities

OTHER RESERVE CITIES

Boston _ ..Albany. _ __.Brooklyn and Bronx _Buffalo _Philadelphia _PittsburghBaltimore „__ . .WashingtonRichmond.... __ .A tlantaJacksonvilleBirmingham ...New OrleansDallas „ _El Paso._- ___Fort WorthGalvestonHouston.. _„_„San Antonio ._ _.Waco .Little Rock._____ _

Domestic securities

UnitedStates

Govern-mentsecuri-

ties

531,67957, 342

589,021

40, 9179, 0575, 904

12,04746, 503.

119 5*228,33018, 6828,449

10, 7977, 9822,9664, 815

18,5522,7848,3804,098

11,3514,8492,455

419

State,county,

ormunic-

ipalbonds

97? 9779,231

107,208

2,3404,7011,506

72210, 2563, 2914,6281,127

558690

6,4455211804525053582B0

1,97016920

Rail-road

bonds

"312,6392,915

115,604

7,5221. 5833J1671,494

29, 53822,0062.1052,8741,425

4171,755

79026

119162

140533223120

Otherpublicservicecorpo-rationbonds

30,9402.799

33, 739

9,5751, 7741, 3341,098

13, 6726,324% 0392,714

103101

1,597247

33930

266171359139SO

Allotherbonds

74,59215, 506

90,09S

8,3753, 9611,3703, 715

14,50228,4694,1853,944

8261 1451 517

983242

1,5449

787508

1,8471G558081

Stockof

Federalreserve

bank

12. 5252,543

15,068

2,482225131144

2,7511,749

68846537631510999

144447

56207

723561947429

Stockof othercorporrations

21,5351,571

23,106

14,83898

184328

1,6831,738

266124401118247112

327284255

151,015

12652

Claims,war-

rants,etc.

4041,489

1,843

665202

377146

* 7093

1,137109

210

3300

831229

173143

Judg-ments

7810

16

3

15216

Collat-eral 1trust

an dothercorpo-rationnotes

18,9882,118

21,106

6,9562,298

5371,023

11,34715,271

614382347

72059

37983

2561633

Foreign govern-ment bonds

Bondsof Rus-sian,Ger-man,

or Aus-trianGov-ern-

ments

2S92440

2,964

14206

108116311193

2

60

11

Bondsof

otherforeigngovern-ments

25, 51612,085

37,601

5,027625258796

4,1333, 9262,830

31193

123845248

208

18043

61725

172

Otherforeignbonds

and se-curities,includ-

ingthose

ofmunici-palities

20,4181,760

22,178

2,3091,229

350581

2,8301,923

31247588

100128223

98

45347

Totalbonds,stocks,securi-ties,etc.,otherthan

UnitedStates

418, 50852,007

470, 515

60,10316,5348,845

10,38690,98085, 79517, 87113,5554,3428,011

13,2133,241

9833,5451,3502,1661.2947, 6991,247

995115

Totalall

bondsand

securi-ties

950,187109,349

1,059,536

101, 02025, 59114, 74922,433

137, 481205,34744,20132,2377,791

13, 80821,1956,2075,798

22,0974,134

10,5465,392

19,0506,096% 450

534

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Page 47: Annual Report of the Comptroller of the Currency 1925

United States Government, domestic, and foreign bonds, securities, etc., owned by national banks June SO, 1925—Continued

[In thousands of dollars]

CO00

Cities, States, and Territories

Domestic securities

UnitedStates

Govern-mentsecuri-

State,county,

ormunic-

ipalbonds

Rail-road

bonds

Otherpublicservicecorpo-rationbonds

Allotherbonds

Stockof

Federalreservebank

Stockof othercorpo-

rations

Claims,war-tants,

etc.

Judg-ments

Collat-eral

trustand

othercorpo-rationnotes

Foreign govern-ment bonds

Bondsof Rus-

sianGer-man,

or Aus-trianGov-ern-

ments

Bondsof

otherforeigngovern-ments

Otherforeignbondsand se-curities,includ-

ingthose

ofmunici-palities

Totalbonds,stocks,securi-ties,etc.,otherthan

UnitedStates

Totalall

bondsand

securi-ties

\ OTHER RESERVE CITIES—continued

Louisville.-Memphis _Nashville...-CincinnatiClevelandColumbusToledoIndianapolisChicagoPeoria..DetroitGrand Rapids _._ _Milwaukee _ _.MinneapolisSt. Paul _ -Cedar Rapids__ -DesMoines.- --DubuqueSioux CityKansas City, MoSt. JosephSt. LouisLincolnOmahaKansas City, KansTopeka __WichitaHelena ._.

7,4121,4433,70919,94716,1287,7943,6009,73311,6345,62017,6894,36710, 66727,64826,1162,5705,5712,3183,80614,7141,637

22, 6391,7955,5661,9203,087875

1,363344605

7,1521,1353,588203

1,4245,4461,2979,738281

1,4794,805538

1,169704933521

3,60415

15,316329

3,085290

2,7286,955

2,398 1,264

3372,5144,5021,515

421412

7973,212

3961,4614,6422,577

234565135179530216

6,004406

2,66041107

17

3151,7893,156904238978

5,745639

1,998353

2,373911742

2,2356863907140043

4,8584057242413

47

2,39751694

3,1714,6212,259430

1,5875,7721,2782,7571,1912,3902,0912,272689

1,443667665

2,176200

5,897843

1,509291411477

268632066012383194528117516051010246458128251117308235662

1,11377288395511023

18346053811796154311722956537180725618

4,729225

894121222467308297396

200

3702,600

7300157104

1,76415

1,68416033621205

9131411517823261946953110

235

21958208

2,8742,264555167185

1,063869

5,511451607

2,5311,192112105

143

13342332

1,3401994851

20622122

1,36627784

118

11428552

3004725433

271

259

14930

255310451

2,508548523

2359525413010542641931250212307

1,1999242595037212

13,157522

2,94121,66316,3739,9271,850

24,5115,41525,6483,3319,99417,7689,3684,5434,4902,2052,230

1,8667559622

33

1,05040,7353,2369,813755

3,0997,1381,036

20,5691,9656,65041,61032,50117,7215,45016,62336,14511,03543,3377,69820,66145,41635,4847,11310,0614,5236,03623,0122,68763,3745,03115,3792,6756,1868,0131.805

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Page 48: Annual Report of the Comptroller of the Currency 1925

2

to

1

Denver -Pueblo_ _ _.MuskogeeOidahoma CityTuisa _SeattleSpokanePortlandLos Angeles -Oakland .San FranciscoOgdem . -. _.Salt Lake City

Total other reserve cities

Total all reserve cities

COUNTRY BANKS

MaineNew Hampshire— _-VermontMassachusettsRhode IslandConnecticut

Total New England States

New YorkNew Jersey.. .PennsylvaniaDelawareMaryland

Total Eastern States

Virginia „West VirginiaNorth CarolinaSouth CarolinaGeorgia _ .- _ _-FloridaAlabamaMississippi « .LouisianaTexas „ „ „ArkansasKentucky . _Tennessee . _,

Total Southern States--

23,4082,0582,8499,3436,937

24,3873,513

20,22634,7164,705

40,1751,2103,912

780,100

1,369,121

13,86911,8856,015

54,8879,961

29,383

126,000

95,76475, 574

170,9472,3848,786

353,455

27,95619, 51315,39011,3788,382

14,10512,7906,146^ 154

52,04810,82618,93812,825

214,451

10- 672i; 171

553,755

6305,609

3765,5906,1131,2955,015

119917

157,038

264, 246

2,699430152

4,4381,8761,883

11,478

26,84137,62530,478

7752,282

98,001

3,7711,2291,7532, 111

3438,0833,8497,7361,5293,7291,8631,6131,506

39,115

2,596798

5096

2,661530

2,0181,157

• 551,271

116440

127,823

243,427

6,0472,4812,958

17,3651,571

11,248

41,670

95,35473,370

145,8522,0076,657

323, 240

1,3691,772

53828263

3,9921,927

75214

90012

1,863283

14,028

1,889888

24-264222

1,068690763

1,05217478585

305

81,432

115,171

16,3244,9985,281

33,6477,1948,921

76,365

68,49041,68488,4012,0367,987

208,598

1,6492,635

67656311

4,55685939511797157

1,794442

14,509

3,461434

48313897

1,283448

2,2794,750

333,997

203560

144,894

234,992

8,9763,0024 206

28,9582,3316,980

54,453

70, 23445,404

118, 6811,0058,394

243,718

5,1796,160

8701,476

4394,3932,6851, 238

4573,120

9143,2861,927

32,144

3025337

16519126810628670882

1,0863584

21, 214

36,282

389296231

1,550342

1,091

3,899

2,8782,3406,049

114335

11,716

1,256742686499

349540239278

2,201311701557

8,842

454

1350

266137141288

1,296

3,782

1,129

34,333

57,439

14284

1061,157

160475

2,124

1,9631,0963,865

46199

7,169

90250434268124858924260

61737182

168205

5,011

932209222592348

1,155119250521

6345

59

18,545

20,388

1742

1681994094

560

1,2111,002

814

86

3,113

4123972

159353702725450241

2,0501,0611,376

843

8,483

22

5011634

1235

23

1,226

1,226

1

25

26

5336

2,294

155

2,538

481245664

81391

77205724284

1,622

1,06538

1636

15

48

50,493

71,599

1,799520781

5,9572,5011,616

13,174

9,1033,521

11,055359614

24,652

4862377432

9147

21524

298105623101

2,333

6

24

6191015

87

16

2,449

5,413

352773

1345

63

337

826406

1,0072286

2,347

131576

311511842614

106

219

511

390117106199149

2,366450

2,06259958

1,607

151

52,362

89, 963

3,738790

1,5926,507

5854,172

17,384

27, 79215,38028,755

5562,253

74,736

1,3981,705

67232319

2,82591370021

85568

1,128545

10,776

1,31557

94324161

1,42438720

9021220

23,847

46,025

2,309512

1 1794,539

6141,792

10,945

16,8158,191

18,151149

1,048

44, 354

343803

1620357

879120195

239230

183193

3,416

23,1043,765

5795,5202,963

14,8773,040

14,99716,6331,723

18,925570

3,704

715, 656

1,186,171

42,47613,18216,727

104,47617, 21938, 335

232,415

321, 560230,055455, 402

7,06930,096

1,044,182

16,94416,0074,0626,9142,835

27,28312,08212,0063,391

15,1984,575

12, 7986,695

140,790

46,5125 8233,428

14,8C39,900

39, 2646,553

35, 22351,3496 428

59,3001 7807,616

1,495, 756

2,555, 292

56,34525,06722 742

159,36327,18067,718

358,415

417,324305, 629626, 349

9,45338,882

1,397,637

44,90035, 52019, 45218,29211, 21741,38824, 87218,1527,545

67, 24615 40131,73619,520

355, 241

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Page 49: Annual Report of the Comptroller of the Currency 1925

United States Government domestic^ and foreign bonds, securities, etc., owned by national banks June SO 1925—Continued

[In thousands of dollars]

Cities, States, and Territories

COUKTRY BANKS—Continued

Ohio . .Indiana •_IllinoisMichigan _Wisconsin.MinnesotaIowaMissouri . .

Total Middle Western States....

North Dakota ,South DakotaNebraska. „Kansas __Montana . . .WyomingColorado..New Mexico . . . .Oklahoma

Total Western States

Washington..OregonCalifornia. _ .Idaho . .Utah

Domestic securities

UnitedStates

Govern-ment

securi-ties

i54,10738,29771,66724,31025,74830,88729,34112,144

286, 501

14,10610,92511,22018,98710,0765,574

11,5713,674

27,095

113,228

16,0279,601

32,1026,758

State,county,

ormunic-

ipalbonds

30,5908,441

24,32521, 57511,11014,0932,4073,882

116,423

1,502686634

6,0321,932

6493,864

2818,177

23,757

6,4564,658

27,156781227

Rail-road

bonds

8,8597,9597,4096,6044,7395,7351,193

586

43,084

97657656135469728879817

233

4,500

1,598305

1,8162713

Otherpublicservicecorpo-rationbonds

6,6409,378

13,35610,22111,3636,0863,557

753

61,354

2,0761,183

705325$79359

1,80447

675

Allotherbonds

27,4339,665

19,15017,78812,70210,7364,3121,472

103,258

1,9531,4821,4781,151

917651

2,996243952

8,113

2,177705

7,87216979

11,820

5,3901,1309,629

30291

Stockof

Federalreservebank

1,9881,1701,818

724789917914324

8,644

29422839562923813433105

658

Stockof othercorpo^rations

940348978149320209717142

3,803

584875

22413978

63938

138

3,002

373291

1,09817085

1,437

140101

1,02516921

Claims,war-rants,etc

327313

6,088721447

7,3092,884

459

18,548

2,2922,0191,0302,2592,494

7071,667

2057,236

19,909

1,8002,2602,5091,933

61

Judg-ments

21718297515069

36583644

2,838

14612224423811064

10617

4S3

1,530

12020246

2177

Collat-eral

trustand

othercorpo-rationnotes

2,1611,6704,286

9521,432

88112719

11, 528

159854

2405010

302

25

794

39864

207

Foreign govern-ment bonds

Bondsof Rus-sian,Ger-man,

or Aus-trianGov-ern-

ments

35314128298

1291393216

1,190

15474

209

1

9

204

457

196

Bondsof

otherforeigngovern-ments

7,1593,678471634,5843,0113,9741,011

505

28,085

1,288693495685760283373

499

o,08X

2,055722

1,63012514

Otherforeignbonds

and se-curities,includ-

ingthose

ofmunici-palities

3,8101,2062,1453,0001,2521,704

48796

13,700

66985

12986

26349681771

1,437

1,131311715283

Totalbonds,stocks,securi-

ties,etc.,otherthan

UnitedStates

190,47744,15184, 97566, 56647,36352,14818, 4778,298

412, 455

11,4237,2275,804

12,2438,4333,272

13,011960

19,156

81,584

21,68310,75653, 7223,927

556

Totalall

bondsand

securi-ties

144,58482,448

156, 64290,87673, 11183,03547,81820,442

698,956

25,52918,15217,02431,23018, 5648,846

24, 5824,634

46,251

194,812

37,71020,35785,824-10,6851,722

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Page 50: Annual Report of the Comptroller of the Currency 1925

'Nevada. __Arizona

Total Pacific States

Alaska (nonmember banks)The Territory of Hawaii (nonmember

banks)

Total (nonmember banks)

Total country banks _ _

Total United States, Alaska,and Hawaii .

2,7192,637

71,010

1,049

1,952

3,001

1,167,646

2,536,767

818576

40,672

32

976

1,008

330,454

594,700

11780

3,956

45

45

430, 523

673,950

5522

11,079

50

50

380,068

495,239

384262

17,188

147

515

662

463,243

698, 235

6175

2,103

38,206

74,488

157168

1,781

•9535

9,112

21,325

78,764

26

26

59,751

80,139

14 I23

629

9,183

10,409

79

748

53,229

124,828

77

5

5

4,671

10, 084

6814

4,628

25

25

140, 715

230,678

8810

2,288

76,138

122,163

1,7711,844

94,259

304

1,517

1,821

2,007,506

3,193,677

4,4904,481

165,269

1, 353

3,469

4,822

3,175,152

I5,730,444

no

oQ

3

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Page 51: Annual Report of the Comptroller of the Currency 1925

42 REPORT OF THE COMPTROLLER OF THE CURRENCY

SAVINGS DEPOSITOES AND DEPOSITS I F NATIONAL BANKS

Savings deposits reported by national banks June 30, 1925, aggre-gated $4,558,899,000 and exceeded the amount in June, 1924, by$319,691,000. The number of depositors was increased in the yearfrom 11,070,223 to 11,867,948, the number of banks reporting thesedeposits was 3 less than a year ago, and the number of banks main-taining separate savings departments showed an increase of 93.The average rate of interest paid on these deposits, 3.64 per cent,compares with 3.68 per cent a year ago.

The number of savings depositors, the amount of savings deposits,and other related data reported by banks in reserve cities and Statesare shown in the following statement:

Savings depositors and deposits in national banks June 80, 1925

Cities, States, and Territories

CENTRAL RESERVE CITIES

New York

Chicago

Total central reserve cities

OTHER RESERVE CITIESBostonAlbanyBrooklyn and BronxBuffaloPhiladelphiaPittsburgh .___BaltimoreWashington.. . . ._RichmondAtlanta —Jacksonville...—BirminghamDallasEl PasoFort W o r t h . . .GalvestonHoustonSan AntonioWaco.._Little Rock.. . .Louisville..Memphis . .Nashville..CincinnatiClevelandColumbusToledo..IndianapolisChicagoPeoriaDetroitGrand RapidsMilwaukeeMinneapolis _St. PaulCedar Rapids _Des MoinesDubuque _Sioux City _Kansas City, Mo _St. JosephSt. LouisLincolnOmaha. __.Kansas City, Kans

Numberof banksreportingsavingsdeposits

2610

36

12324

2413101263325364

1045342573714

18433774212563

10571

Numberof banks

maintain-ing sepa-

ratesavingsdepart-ments

267

33

9322

248

101263325364

1044242572713

144327642

24539461

Numberof

savingsdepositors

467,50381,638

649,141

190,72210,2926,752

37,455144, 78995,38733,06884,06672, 21859,68142,96239,66227,09013,72724,76518,16453, 3054,8758,2743,586

54, 7438,608

26,63040, 29364,28632,5854,9148,229

174,77622,7937,190

35,76498,150

135, 60550,17213, 56110,0728,955

22,07520,7018,971

158, 54820, 79165,2002,400

Amount ofsavingsdeposits

(000omitted)

159,11615,112

174,228

97,43111, 5413,399

22,90555, 41660,91717,05629,88020,50815, 41824, 51013,80313, 2615,5048,784

11,42025,1093,8154,5411,115

15,2483,379

13, 01121,97834,4336,5884, 3522,741

42,6538,265

34, 52812,33629,82837,95619,5246,2193,2323,7435,0063, 2785,778

39,9493,7177,615

539

Averagerate of

interestpaid

3.453.00

3.23

3.983.423.504.003.754.003.903.153.003.503.254.003.903.004.004.004.003.634.004.003.253.003.504.004.003.003.003.003.003.003,003.252.933.503.384.004 003! 503.703.004003.034.003.143.00

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Page 52: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY 4 3

Savings depositors and deposits in national banks June 80, 1925—Continued

Cities, States, and Territories

Numberof banksreportingsavingsdeposits

34192386846

122323

331

367

512339

1155

40

273

4512627661572

1,566

16911575726653802326

162568679

1,062

29T19939311814729323368

1,742

Numberof banks

maintain-ing sepa-

ratesavingsdepart-ments

3419127684551312

291

324~

451627

1065

35

234

3742355411264

1,226

135895959474353201487366649

757

2061572399291

17516639

1,165

Numberof

savingsdepositors

3,45613,1672,275

100,9374,4105,815

21,39423,73884,50337,15592,11957, 9265,230

25,9413, 591

16,973

2, 565,482

3,114,623

170,14446,75360,524

447,30623,516

148,849

897,092

969,121757,498

1,633,67411,515

109,727

3,481,535

273,793169, 560135,07892,26761,73480,60178,12336,57535,53270,13436,27780,128

107,841

1,257,643

460,664261,275469,210347,276326,880245,217168,03654,412

2,332,970

Amount ofsavingsdeposits

(000omitted)

3512,2331,177

48,9203,7251,9366,4017,922

28,31414,56737,90470,4202,727

22,2661,0814,224

1,066,397

1, 240,625

75,21314,21028,149

175,71513,14165,170

371,598

477,855331,888622,817

7,01259,482

1,499,054

103,59255; 87942,93348,34620, 58734,41933,62517,87315,45029,12315,13731,23340,343

488,540

132,74779,407

142,229125,29991,21865,95049,59011,331

697,771.

Averagerate of

interestpaid

3.004.004.003.614.004.004.004.003.004.003.503.504.134.004.004.00

3.59

3.41

3.943.004.004.014.174.00

3.85

3.873.753.503.983.72

3.76

3.753.754.004.254.004.004.004.004.003.934.003.693.75

3.93

4~003.583.463.253.263 904.223.38

3.63

OTHER RESERVE CITIES—continued

TopekaWichitaHelenaDenver -PuebloMuskogeeOklahoma City.TulsaSeattleSpokane _PortlandLos AngelesOakland „San FranciscoOgdenSalt Lake City

Total other reserve cities

Total all reserve cities

COUNTRY BANKS

MaineNew Hampshire .Vermont..MassachusettsRhode IslandConnecticut

Total New England States

New YorkNew JerseyPennsylvaniaDelaware -Maryland _

Total Eastern States

VirginiaWest VirginiaNorth CarolinaSouth Carolina __.GeorgiaFloridaAlabamaMississippiLouisianaTexas > „Arkansas _KentuckyTennessee

Total Southern States

Ohio....IndianaIllinois-_>MichiganWisconsinMinnesotaIowaMissouri _?__

Total Middle Western States

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Page 53: Annual Report of the Comptroller of the Currency 1925

4 4 REPORT OF THE COMPTROLLER OF THE CURRENCY

Savings depositors and deposits in national banks June SO, 1925—Continued

Cities, States, and Territories

COUNTRY BANKS—continued

North Dakota _South DakotaNebraska _KansasMontanaWyomingColoradoNew MexicoOklahoma - - --

Total Western States

WashingtonOregon.- .CaliforniaIdaho - . _ . - - .UtahNevada . . _Arizona

Total Pacific States .

Alaska (nonmember banks)The Territory of Hawaii (nonmember banks)

Total (nonmenber banks) „

Total country banks . . . .

Total United States, Alaska, and Hawaii. __

Numberof banksreportingsavingsdeposits

11897

1041586427

11421

179

882

9975

21355148

17

481

31

4

6,010

£,377

Numberof banks

maintain-ing sepa-

ratesavingsdepart-ments

685o72

11142167721

107

570

6052

1113375

11

279

21

3

4,234

Numberof

savingsdepositors

46,77935,34744,22970,62334,14822,04759,3609,797

44,738

367,068

107, 23751,450

189, 54432, 79510,9976,906

14, 661

413, 590

1,3872,040

3,427

8,753,325

4,558 i 11,867,948

Amount ofsavingsdeposits

(000omitted)

13,6919,7306,078

10,61815,8748,249

19,4143,0168,326

94,996

38,27216,12487,4268,7933,0515,7075,740

165,113

864338

1,202

3,318,274

4,558,899

Averagerate of

interestpaid

4.504.424.253.784.434.244.094.1®4.03

4,19

4.0*3.5®4.084. Of4.0*4.0t4.0«

3.9S

3.634.0*

3.8*

3.8*

3.64

PER CAPITA INDIVIDUAL AND SAVINGS DEPOSITS IN ALLREPORTING BANKS

The total individual deposits in all reporting banks in the conti-nental United States, Alaska, and the insular possessions were$46,765,942,000, June 30, 1925, of which amount $18,008,576,000were savings deposits or deposits in the interest or savings depart-ments of the banks.

The per capita individual deposits, based upon an approximatepopulation of 126,691,000, were $369.13, and the per capita savingsdeposits were $142.15.

Statement showing the population, amount of individual deposits,per capita individual deposits, amount of sayings deposits, and percapita savings deposits reported by all banks in each State, the Dis-trict of Columbia, Alaska, and the insular possessions follows:

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Page 54: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY

Per capita individual and savings deposits in all reporting banks, June S0}

45

States and Territories

MaineNew Hampshire..Vermont-MassachusettsRhode IslandConnecticut

Total New England States

New YorkNew Jersey _.PennsylvaniaDelawareMarylandDistrict of Columbia-

Total Eastern States..

VirginiaWest Virginia.-.North Carolina.South Carolina-GeorgiaFloridaAlabama.--.MississippiLouisianaTexasArkansasKentuckyTennessee

Total Southern States.

OhioIndianaIllinois-_...Michigan...Wisconsin..Minnesota..IowaMissouri

Total Middle Western States..

North Dakota..South Dakota.Nebraska.......KansasMontanaWyomingColoradoNew Mexico....Oklahoma,.

Total Western States-

Washington .Oregon.California...Idaho__Utah „_NevadaArizona.

Total Pacific States..

AlaskaThe Territory of Hawaii.Porto RicoPhilippines

Total Alaska and insular pos-sessions

Population(approx.)

778, 000452, 000355, 000

4,205, 000647, 000

1, 535, 000

Individualdeposits

$355, 332, 000230, 063,000200,443, 000

3,243,612,000433., 584, 000952, 984, 000

7,972, 000 j 5,415,988, 000

II, 650, 0003, 740, 0009, 200, 000

233, 0001, 595, 000479, 000

26,897, 000

2,440,0001, 5G5, 0002, 795, 0001,800, 0003, 081,0001, 095,000% 440, 0001, 791, 0001,880, 0005,035,0001,846, 0002,487, 0002,409, 000

30,614, 000

6, 255, 0003,075,0006, 960, 0004,105,0002,885,0002, 578, 0002,513, 0003,434,000

31,805,000

682,000667,000

1, 344,0001, 845,000

638,000222,000

1,013, 000380,000

2, 240, 000

12, 012, 743,0001,809, 731, 0004,309,154,000

96, 540,000668,988, 000209,990, 000

19,107,146, 000

411,651,000331,441,000318,353. 000194, 328; 000308,408, 000514, 207,000234, 506, 000189, 201,000358,194,000863,690, 000194,027,000386, 905,000366,390, 000

4,661,301, 000

2,271,164, 000770, 647, 000

3,225,451, 0001, 596, 308,000

797, 534, 000916, 268,000894,315, 000

1,140, 647,000

11,612,334,000

160,512, 000178, 446, 000438, 553, 000413,911,000128, 222, 00053,249, 000

289,146, 00028, 575, 000

376, 562, 000

9, 031, 000 I 2, 007,176, 000

1, 487, 000840,000

3, 996, 000485, 000493, 000

77, 000407, 000

7, 785, 000 I 3, 723, 550, 000

91, 000281, 000

1,345, 00010, 870, 000

12, 587, 000

Total United States, Alaska,and insular possessions j 126, 691, 000

9, 674, 00064,129, 00036, 729, 00067, 905, 000

Percapita in-dividualdeposits

$456. 72508.99564.63771.37670.11620.84

Savingsdeposits

$263, 619, 000188, 806, 000172, 585, 000

1,890,126, 000282, 510, 000671,371, 000

679.38 ! 3,469,017,000

Percapita

savingsdeposits

$338.8i417. 71486.15449,49436.6S437.38

435.1$

1, 031.14483.89468.39414, S3419.43438.39

710.38

168.71205.39113.90107.96103.75469.6096.11

105.64190. 53171. 54105.11155.57152.09

152. 26

363.10250.62463.43388.87276.44355. 42355. 88332.16

5.11

235.35267. 54326. 30224. 34200. 97239. 86285.4475.20168.11

228.90

478. 30

106.31228. 2227.316. 25

178, 437, 000 14.18

46, 705, 942, 000 | 369,13

4, 290,447, 0001,021,917,0001,964,216,000

49, 094,000377, 776,00074, 327, 000

7, 777,777. 000

155, 589,00099, 618, 00085, 0(53, 00081,663,00086.142, 000108, 709,00086, 239,00041,619,00094, 533,000108,686, 00036,964,00080,808,000124,322,000

1,189,955,000

868.2$273,24213.5«210,7§236.86155.IT

63. 7T63.6130.4145. m28.4B99. SI35.3423.2450.2821.5920. If32.4151.61

38.8T

982,351, 000210, 074,000 i

1, 057,172, 000171, 807, 000252, 718,000244, 222. 000442, 529,00061,317,000

3,422,190,000

12, 624,00013,467,00027, 70S, 00012, 736,00023,162,0009, 525, 000

91,614,0003,196, 000

34,451, 000

157. fS68.31

151. 8941.8*87.6194. n

176.It17.8*

107. i t

18. SI20. I t20.036.9i

36. 3t42,9i90. U8,41

15.3$

228,483,000 I 25.3t

1, 873, 262,000

3, 421, 00024, 011, 00011,843,0008. 617,000

47, 892,000

18, 008, 576,000

240.62

37.5185. 4S8.81.79

3.8t

142. IS

NOTE.—Individual deposits include postal savings and all other demand and time deposits. Savingsdeposits include only deposits in the interest or savings departments of banks and do not include postalsavings.

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Page 55: Annual Report of the Comptroller of the Currency 1925

4 6 EEPORT OF THE COMPTBOLLER OF THE CURRENCY

EARNINGS, EXPENSES, AND DIVIDENDS OF NATIONAL BANKS

The gross earnings of national banks in the year ended June 30,1925, amounting to $1,124,097,000, were $49,538,000 in excess of theearnings in the year ended June 30, 1924. Interest and discount col-lected in the last year exceeded the amount in the prior year by$10,582,000; domestic exchange and collection charges showed anincrease of $1,426,000; foreign exchange department profits, anincrease of $5,351,000; trust department profits, an increase of$892,000; and other miscellaneous earnings, an increase of$31,287,000.

Total expenses incident to operation of these banks showed anincrease over the prior year of $32,670,000. The principal item ofexpense was on account of salaries and wages, which exceeded theamount a year ago by $7,758,000; interest and discount paid on ac-count of borrowed money showed a reduction of $12,830,000; intereston deposits, an increase of $35,646,000; taxes paid, a reduction of$550,000; and other miscellaneous expenses, an increase of $2,646,000.

Losses charged off during the year amounted to $141,134,000 andwere less than the amount charged off in the prior year by $6,170,000.Losses on loans and discounts showed a reduction in the year of$7,262,000; on bonds and securities, an increase of $659,000; trustdepartment losses were reduced $233,000 and other miscellaneouslosses were increased $666,000.

After payment of all expenses the net earnings during the year,plus recoveries on charged off assets, amounted to $365,069,000, andexceeded the net earnings of the previous year by $22,059,000.After charging off the losses enumerated the net addition to profitsduring the year was $223,935,000, or $28,229,000 greater than in theprevious year.

Dividends declared in the year amounted to $165,033,000, exceed-ing the amount in the prior year by $1,350,000. The percentage ofdividends to capital was 12.05, dividends to capital and surplus was6.63, and net addition to profits to capital and surplus was 9.

Comparison of the net earnings, expenses, and dividends of nationalbanks m fiscal years ended June 30, 1924 and 1925, and summariesshowing this information with respect to banks in reserve cities andStates and by Federal reserve districts in the year ended June 30,1925, follow:

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Page 56: Annual Report of the Comptroller of the Currency 1925

BEPOBT OF THE COMPTROLLER OF THE CURRENCY 47

Earnings, expenses, and dividends of national banks for the fiscal years endedJune 30, 1924 and 1925

[In thousands of dollars]

June 30,1924

(8,085banks)

1,334,0111,080,578

163,683

965,87615,4027,222

9945,059

80,006

1,074,559

210,31526, 537

338,34566,348

124,499

766,044

308,51534,495

343,010

102,81424,642

85517,5431,450

147,304

195,706

June 30,1925

(8,070banks)

1,369,3851,118,953

165,033

976,45816,82812,573

1,1585,951

111, 129

1,124,097

218,07313,707

373,99165,798

127,145

798,714

325,38339,686

365,069

95,55225,301

62217,8761,783

141,134

223,935

Capital stock _Total surplus fund _ _ _Dividends declared

Gross earnings:Interest and discount . - .Domestic exchange and collection chargesProfits of foreign exchange departmentCommissions and earnings from insurance premiums and the negotiation

of real estate loans _ ,Trust department profitsOther earnings

Tota l .

Expenses paid:Salaries and wagesInterest and discount on borrowed money-Interest on depositsTaxes _Other expenses

Total .

Net earnings during the yearRecoveries on eharged-off assets.

Total .

Losses charged off:On loans and discountsOn bonds, securities, etc —On trust department operations-Other losses..On foreign exchange

Total

Net addition to profits during the year..

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Page 57: Annual Report of the Comptroller of the Currency 1925

Abstract of reports of earnings and dividends of national banks for the year ended June SO, 1925

[In thousands of dollars]00

Location

MaineNew Hampshire...VermontMassachusetts

Boston•Rhode IslandConnecticut

Total New EnglandStates

New YorkAlbanyBrooklyn and Bronx.BuffaloNew York City

New JerseyPennsylvania - - .PhiladelphiaJPittshurph

DelawareM. ar viand..

BaltimoreWashington, D. C

Total E astern States

Virginia.Richmond

West Virginia

Num-ber ofbanks

585446

144121762

393

488354

33265821321418741013

1,780

1756

124

Capital

7,3705,2405,060

28,76745,4506,320

20,002

118, 209

52,4903,3502,2002,950

180, 3f;040,97385,48429,10528, 550

1,7355,179

12,1009,427

453,893

23, 9796,300

13, 416

Surplus

5,7164,6372,908

25, 38137, 275

5,34016, 679

97,936

44,4154,1502,2001, 950

236,13538,180

119, 98963, 28029, 750

2,0526,251

10, 8305,913

565,095

17, 7866,240

11, 756

Capitaland sur-

plus

13,0869,8777,968

54,14882, 72511, 66036,681

216,145

96,9057, 5004,4004,900

416, 48579,153

205, 47392, 38558,3003,787

11,43022,93015,340

1,018,988

41,76512, 54025,172

Gross earnings

Inter-estanddis-

count

6,3793,1793,029

23,10725,9433,280

11,321

76,23S

48, 27S3,8612,5003,255

133,65036, 56075,12028,93220,7151,0715,3406,8305,590

371,702

14, 0034,1799,768

Ex-changesand col-lectioncharges

315421

1631401877

504

* 377191531

3,202149487104617

206451

4,587

1687161

Profitsof for-

eign ex-changedepart-ment

356

248651225

940

21

107,979

66106607232

24

9,061

131410

Commis-sions andearnings

frominsurancepremiums

and thenegotia-tion ofreal es-

tate loans

o

2

9

23

1

15

1

1

Trustdepart-mentprofits

.76

• 46390

153

604

1965822

2,21627827637

924

65

3,163

747126

Otherearn-ings

734457280

2,9117,338

4421,347

13,509

5,904288287361

23, 0504,7657,8682,5364,485

46316699924

51, 529

635280735

Totalgross

earnings

7,1543,7013,838

26, 25334, 6763,752

12,923

91, 797

54. 7854,2282,8293,657

170,09741,82083,86032,21625,4931,1335,6797,6216,639

440,057

14, 8924, 615

10, 59S

Expenses

Sala-riesand

wages

1,006815595

4,4245, 751

5842,598

15,773

9,130644582527

28,8057,202

13, 6415,5693,634

233918

1,3521,499

73,736

2,877948

2,010

Inter-est and

dis-count

on bor-rowedmoney

6810486

262341

1672

949

478112742

1,666393825268200

1710211257

4,198

553122334

Inter-est on

deposits

3,258798

1,15410,20511, 831

1,4034,172

32,821

21,0221,677

8491,578

53, 83415,47128, 64811, 6979,770

3712,3642, 4181, 721

151,420

4, 8231, f>203,180

Taxes

325193268

1, 2001,244

175838

4,243

2,645196122122

8,1951, 6483,8491,4011,283

63308540565

20,937

884356806

Otherex-

penses

669567317

2,9603,683

4141,409

10,019

5,039360359306

17,7874,3797,3253, 5412, 713

90473846662

43,880

1,507515

1,094

Totalex-

pensespaid

5,3262,4772,420

19,05122, 850

2,5929,089

63, 805

38, 3142,8881,9392,575

110, 28729,09354, 28822, 47617, 600

7744,1655,2684,504

294,171

10,6443,4617,424

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 58: Annual Report of the Comptroller of the Currency 1925

North CarolinaSouth Carolina _ -----Georgi a

AtlantaFlorida

JacksonvilleAlabama

TVXi sissiDDiLouisi&ii£L

New OrleansTexas

DallasEl PasoFort WorthGalvestonTTonstonSan AntonioWaco

ArkansasLittle Rook

KentuckyLouisville

TennesseeM^emphisNashville

Total S o u t h e r nStates

OhioCincinnatiClevelandColumbusToledo

Ind^ ana _Indianapolis

IllinoisChicago, c e n t r a l

reserveChicago, other reservePeoria

Michigan. „ _.DetroitGrand Rapids

WisconsinMilwaukee . _.

MinnesotaMinneapolis,..St. P a u L . _ . . - . .

837586

354

3100

23632

1598

8364

1085

833

1354

98

5

1,752

338

371

2424

465

14384

12033

1507

30974

14, 06511, 2309,7155,9507,8542 650

11,3201 7505 2856,2252,800

46, 93711,9001,5004,3501,8008 0504,7501 9507,205

70014,0964,500

12, 3691,1003,900

247, 646

38,88013,1004,8005,000

50025,2986,650

36,973

50, 7504,2252,100

15,0219,0002,100

17,6059,400

20,36911,650

; 5,700

8,8265,4466,4644,5504,3691,3506,7991 5503 1142,8442,000

25,0913,150

3702,500

6103,9451,715

5153,082

2709,4274,4506,1291,0502,950

148,348

27,4326,9503,0405,6501,000

13,6902,725

24,355

34,0051,6553,2509,5058,0001,3008,7306,0509,9227,7003,700

22,89116,67616,17910,50012,2234,000

18,1193 3008,3999,0694,8Q0

72,028. 15,050

1,8706,8502,410

11,9956,4652,465

10,287970

23,5238,950

18,4982,1506,850

395,994

66,31220,0507,840

10,6501,500

38,9889,375

61,328

84,7555,8805,350

24, 52617,0003,400

26,335lf>, 45030,29119,3509,400

8,9196,4665/0973,9246,4453,4736,3671,9344,2193,8311,598

24, 0955,3251,1052,9221,2825,2772,268

9044,575

4478,0024,6997,415

7252,666

151,925

25,5806,1414,6383,855

60014,9473,224

25,254

31,3913,2321,347

12,4217,5961,582

12,3256,152

15,0918,2604,629

34023218884

199252263

2448587

1,042286

281191771926367

1641141

715768

162

4,856

199931023

817858

289

9893448

1632227

14073

384542149

19

3

13

1

4210

23

1

53

130

324341

3

181211

1,00127

1160

79

257

11233

21o

4

1

3

13

2

5

38

2

38

53

3

27

315

95

1414

11851

21 8 .18155

1236

3

27

26

5647

8

531

9375

10839

4571754

8612

152

301

559

436658400461753312401212312292532

1,25341067

16956

704417130317

37549182359163168

11,400

1,906953

1,08697748

1,3301,5831,833

1,853629

1,3361,048

300994.583950588291

9,7127,3805,6914,4877,4554,0397,0632,1644,7914, 2132,259

26,4156,0571, 2073,2151,5186.1752,7561,1015,095

4958. 6554,9387,936

9563,004

168,880

27, 8127,3055,8834,897

66016, 5684,844

27,544

35,3203,9231, 513

14,0868,7261,916

13, 5256.834

16,8039,5115,197

2,0511,3991,2701,0331,440

6361,518

3701, 0331, 010

4836,7631,239

309710196

1,338632209

1,167145

1,869927

1,681192546

36,001

5,4371,4131,007

982108

3,564830

6,325

6,453995287

2, 5581,485

362% 8451,3723,4812,1721,063

619274218

439

3153

6169138

17479

38393732324626

13711

14949

2364

56

4,026

50730526110

199

400

11548

85533

16027

2202317

2,8322,4511,4051,6441, 9951,5491,654

7651, 2381,173

5234,9661,684

3891,125

7841,955

621281

1,419133

2, 3481,5342,507

276927

47, 701

9,1392,4032, 5291,371

2375,044

9187, 753

13,3491,205

4285, 2973,369

5424,6282,1957,1793,2201,910

604686482371463124506170456331213

2, 230368

61239

62349250

79312

29820363590107256

12, 547

2, 20259934633844

1, 557371

2,041

160130887536121925458

1,144702216

1,1381,266

674630933587872170614598218

3,60064716838511097739315370899

934522834123345

20, 814

2,916622703710

651,772

4263,250

4,186608146

1,6741, 215

3201,684

9751,8311,074

671

7;2446, 0584, 0493, 6824,8702,8994, 7091, 4813,5103, 2501, 454

18, 0383,976

9682,4961,1844,6511, 942

7483,743

4176,1203,3955,848

7022,130

12L 089

20, 2015^0674, 6373,462

46412,1362, 545

19, 769

26, 5943, 07(5

98910, 5016, 6631, 348

10,2425,027

13, 8557,1913,877

CD

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Page 59: Annual Report of the Comptroller of the Currency 1925

Abstract of reports of earnings and dividends of national banks for the year ended June SO, 1925— Continued

[In thousands of dollars]

OxO

Location

Iowa . »>Cedar Rapids. _Des MoinesDubuque ._Sioux City

MissouriKansas City _St. JosephSt. Louis

Total Middle West-ern States--

North DakotaSouth DakotaNebraska

L i n c o l n -Omaha

KansasKansas CityTopeka...Wichita

MontanaHelena

WyomingColorado. _

Denver-Pueblo

New MexicoOklahoma

Muskogee

Num-ber ofbanks

3272325

106104

11

2,176

160111159

58

247254

832

32126

92

31375

3

Capital

20,0451,0002,700

7002,0507,4927,2001,100

26,331

347,739

6,4405,1058,4551,7256,150

13,588800

1,4002,4005,335

4502,7256,8655,400

6002,135

16,830950

Surplus

10,203700

1,200300705

3,3813,022

9509,532

208,652

2,9222,3564,643

8373,0507,030

320425

1,2652,236

3251,7014,0024,3741,150

9124,555

305

Capitaland sur-, plus

30,2481,7003,9001,0002,755

10,87310,2222,050

35,863

556,391

9,3627,461

13,0982,5629,200

20,6181,1201,8253,6657,571

7754,426

10,8679,7741,7503,047

21,3851,255

Gross earnings

Inter-estanddis-

count

14,2911,0641,862

4861,4204,4195,8821,230

12,399

231,318

5,4744,4425,5331,1364,4768,621

517551

1,3943,363

3342,2945,4956,494

6941,502

12,254821

Ex-changesand col-lectioncharges

15420124

33256721

258

4,023

19599627

879517

51885

3259655

3347937

Profitsof for-

eign ex-changedepart-ment

1

13

60

1,517

11

17

91

2

23

11

24

Commis-sions andearnings

frominsurancepremiums

and thenegotia-tion ofreal es-

tate loans

155

9

697

1089435

32

40

53

18

Trustdepart-ment

profits

6

11

117

52

961

943

8

192

32»49

204

355

Otherearn-ings

1,11192

1042269

15152162

1,177

21,713

3562392941244235844232

23231218

16741244985

16482842

Totalgross

earnings

15,7181,1761,978

5121,5234,6066,5901,313

13,946

260,229

6,1434,8795,9441,2674,9959,341

560591

1,6863,807

3572,5326,0217,223

7841,705

13,578905

Expenses

Sala-riesand

wages

3,33119541187

3831,0961,509

3052,730

52,786

1,4151,1531,424

2861,2092,446

11415932695890

6341,6021,436

120431

3,666193

Inter-est and

dis-count

on bor-rowedmoney

4693

12

109528

88

2,702

12285

1273

23904

258

21129

9

3020917

Inter-est on

deposits

6,246571828253579

1,2812,327

6114,978

90,448

2,6502,0922,135

4491,6712,568

182201616

1,300123791

1,6762,856

285434

3,231258

Taxes

99760

1193761

34538552

565

17,889

31019534585

160881485693

23629

1565343989797

1,01469

Otherex-

penses

1,79813522940

251571867175

1,390

30,304

823627695166773

1,3096866

26251037

33579785257

2932,390

125

Totalex-

pensespaid

12,841964

1,599417

1,2843,3885,0901,1519,751

194,129

5,3204,1524,726

9893,8367,294

416482

1,2993,062

2791,9374,7385,551

5591,285

10,510662

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 60: Annual Report of the Comptroller of the Currency 1925

Oklahoma City.Tulsa

Total W e s t e r nStates

WashingtonSeattleSpokane

Oregon...Portland

CaliforniaLos AngelesOaklandSan Francisco __

Idaho _Utah

OgdenSalt Lake City.

Nevada. _Arizona

Total Pacific States

Alaska ( n o n m e m b e rbanks)

Hawaii ( nonmemberbanks). __

Total (nonmem-ber banks) „_

Total United States,Alaska, andHawaii.. „_.

86

1,378

10084936

24912255714341018

585

4

2

6

8,070

4,6004,950

96,903

8,6656,0002,9006,4207,00024,98516,9501,500

19, 5003,840800850

1,9001,3851,500

104,195

200

600

800

1,369,385

1,1051,310

44,823

3,5782,945642

3,2532,55310.8827,2101,22716,7001,642330250910645622

53,389

120

590

710

1,118,953

5,7056,260

141,726

12,2438,9453,5429,6739,55335,86724,1602,72736,2005,4821,1301,1002,8102,0302,122

157,584

320

1,190

1,510

2,488,338

3,0783,450

71,923

6,5995,4871,8464,3854,19816.63512, 7461,12112,4662,762512456

1,461812

1,354

72,840

146

366

512

976,458

10119

1,527

1502766282189218632944025241074

1,291

14

26

40

16,828

1

54

559415327138

56411

87

868

3

3

12,573

326

23

1

34

5

66

75

5

5

1,158

31

365

464332145025 .

• 2711411

326

1

1

5,951

802490

6,095

648700165310577

1,82775083

1,124187474211585170

6,830

35

18

53

111, 129

4,0123,960

80,290

7,4716,5652,0804,7815,03118, 79113,7221,23314,3622,996563503

1,600921

1,611

82, 230

196

418

614

1,124,097

755973

19,390

1,8211,801476

1,3051,2525,2823,142346

2,594826124117373193576

20, 228

53

106

159

218,073

1317

959

80721675

345502014387538

32

873

13, 707

1,3341,346

26,198

2,1031,729724

1,1591,4834, 8734,968309

5,509857196161559269369

25,268

40

95

135

373,991

178300

5,281

485421118393307

1,0015884695521345468907106

4,880

8

13

21

65,798

571592

11, 348

1,035894333643718

2,6761,782146

1,2074677067198126340

10, 702

35

43

78

127,145

2,8513, 228

63,176

5,5244,852 W1,672 fej3,567 hj3,765 O14,177 &10,530 n

867 o10,408 fe2,450440 F3394 tl

1 227 5655

1,423 QO

61,951 ^

136 W

- g393 W

o798,714 H

c

Ba

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 61: Annual Report of the Comptroller of the Currency 1925

Abstract of reports of earnings and dividends of national banks for the year ended June SO, 1925—Continued[In thousands of dollars]

to

Location

Maine..New Hampshire-.Vermont.Massachusetts.

Boston. . . _Rhode IslandConnecticut..

Total New England States

New York.Albany. .Brooklyn and Bronx ...BuffaloNew York City

New Jersey . _ . .Pennsylvania

PhiladelphiaPittsburgh.. _

DelawareMaryland. .

Baltimore . . .Washington, D . C

Total Eastern States _

Virginia «. ._._Richmond-

West VirginiaNorth CarolinaSouth CarolinaGeorgia,.

Atlanta

Netearningsduringyear

1,8281,224

9187,202

11,8261,1603,834

27,992

16,4711,340

8901,082

59, 81012,72729,5729,7407,893

3591,5142,3532,135

145,886

4,2481,1543,1722,4681,3241,642

Recov-eries oncharged-

offassets

20613779

5471,335

47380

2,731

1,33944

27235

10,829761

1,626489372

32159355133

16,446

2999093

10430725977

Total netearningsand re-coveries

oncharged-off assets

2,0341,361

9977,749

13,1611,2074,214

30,723

17,8101,3841,1621,117

70,63913,48831,19810,2298,285

3911,6732,7082,268

162,332

4,5471,2443,2652,5721,6311,001

U2

Onloansanddis-

counts

313204103

1,7195,775

152504

8,770

1,835351620469

13,8391,3462,2161,185

5615

150323381

23, 281

1,25084

488516

1,7921,103

7§2

Onbonds,secu-rities,etc.

31617683

5682,312

166247

3,868

1,31988

10184

6,795904

1,645423602

12101247131

12,452

138966521566014

Losses charged off

Ontrust

depart-mentopera-tions

18

18

25

52

11

4002

11

2

426

3

1

Othero ses

1373425

343516

11215

1,281

1,038167112

1,195776

1,6609094

67083

263

5,374

15825

1811131301705S

Onforeign

ex-change

13

23839

20

301

90

764

111846

' 12

2

943

19

Totallosses

chargedoff

767423214

2,8868,642

3291,011

14, 272

4,293455792565

22, 9933,0285,5431,7161,303

23333653779

42,476

1,568205732650

1,9791,333

S3*

Ratios

Netadditionto profits

duringyear

1,267938783

4,8634,519

8783,203

16, 451

13,517929370552

47,64610,46025, 6558,5136,962

3681,3402,0551,489

119,856

2,9791,0392,5331,9221348

5684§

Divi-dends

706587515

2,9275,494

6261,932

12, 787

6,264472264395

31, 7985,437

12, 3375,0923,165

645670

1,5801,039

69,158

2, 650713

1,9261,594

830943514

Divi-dends

tocapital

Per cent9.58

11.2010.1810.1712.099.919.66

10.82

11.9314.0912.0013. 3917. 6313.2714.4317.5011.0937.1812.9413.0611.02

15. 24

11.0511.3214.3611.337.399.718.64

Divi-dends

tocapital

andsurplus

Per cent5.405.946.465.416.645.S75.27

5.92

6.466.296.008.067.636.876.005.515.43

17.035.866.896.77

6.79

6,355.697.656.964.985.834. SO

Net ad-dition

toprofits

tocapital

andsurplus

Percent9.689.509.838.985.467.538.73

7.61

13.9512.398.41

11.2711.4413.2112.499.21

11.949.72

11.728.969.71

11.76

7.138.29

10.068.40

i 2.09S. 51. 4 6 .

Net ad-dition

toprofits

tocapital

Percent17.1917.9015.4718.909.94

13.8916.01

13.92

25.7527.7316.8218.712a 4225.5330.0129.2524.3921.2125.8716.9815.80

26.41

12.4216.4918.8813. 67i 3.10

5.85.81

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 62: Annual Report of the Comptroller of the Currency 1925

Florida _Jacksonville

Alabama. _Birmingham

MississippiLouisiana, _,„„

New Orleans _.Texas _

DallasEl Paso.. -.Fort WorthGalvestonHoustonSan Antonio ._.._.Waco

ArkansasLittle Rock . . . .

Kentucky „___Louisville

Tennessee.._Memphis...Nashville

Total Southern States

Ohio__CincinnatiClevelandColumbusToledo..

Indiana TIndianapolis

IllinoisChicago, central reserve.Chicago, other reserve..Peoria _.

MichiganDetroitGrand Rapids

WisconsinMilwaukee

MinnesotaMinneapolis.St. Paul

Iowa-...Cedar Rapids. _ _.Des Moines__DubuqueSioux City

i Deficit.

2,5851,1402,354683

1,281963805

8,3772,081241719334

1,524814353

1 35278

2,5351,5432,088254874

47, 791

7,6112,2381,2461,435196

4,4322,2997,7758,726847524

3,5852,063568

3,2831,8072,9482,3201,3202,87721237995239

375701729612513510

1,52274167801218478301512

1771001309554

5,068

558569576185330268569

2,007324824262165370145415191271662371621029

2,9601,2102,526779

1,4061 098815

9,8992,155408799346

1,708892383

1,50380

2,7121,6432,218349928

52,859

8,1692,8071,3031,496281

4,7622,5678,34410, 733

879572

3,8272,125733

3,6531,9523,3632,5111,5913,539249Ml105

25812799120438231692

4,6461881272642335733414071812

49344561180175

16, 625

1,51233322643526

1,036405

2,2074,594

5835886230113

1,138911

2,180918510

3,513862934

526

8321

1182324171619638161

881659

1

1,144

5823331519874

3861565076234914

214163672503911676410120610

181

4"

49

1

2

1

61

2

11

2

4

40

1

12

99471065

145682078876010815420206157401032

121301302040

3,590

7509421171672855464811456382901375251262002023034010162751

31

6

501

31

138

11112

10

104

1

12331262

471199

1.150'2J0647386349

5,652271259435595835541888371573590751200216

21,558

2,855461574650267

1,719615

3,3835,33516587

1,395406255

1,6911,3312,5511,014847

4,06210830949578

2,4891,0111,376569759712466

4. 2471^884149364287

1,12533819566665

1,9771, 5531,467149712

31,301

5,3142.346'72984614

3,04S1,9524,9615,398714485

2,4321,719478

1,962621812

1.497'744152314123256

1310

878325

1,027280541689476

4.3232^41813680620892336424369560

1, 554918

1,477136580

28, 227

4,4791,64447658160

25410580

4,2905,403384309

1,8031,0704S2

1,821880

1.4621,328584

1,2748028072ISO

11.1812.269.0716.0010.2411.0717.009.2120.329.0718. 5311.5611.477.6612. 469. 658.5711.0220.4011. 9412.3614.87

11.40

11.5212.559.9211.6212.009.538.7211.6010.659.0914.7112.0011.8922.9510.349.367.1811.4010.256.368.0010.3710.296.34

7.188.135.678.486.447.609.926.0016.077.27J1. 778.637.695.639.866.766.196.6110.267.986.338.47

7.13

6.758.206.075.464.006.186.197.006.376.635.787.356.2914. IS6.915.704.836.866.214.214.717.187.204.72

20.3625.287.5917.249.047.859.715.9012. 527.975.3J

11. 919.385.237.916. 476. 708.4017.357. 936.9310.39

7.80

8.0111.709.307.94.93

7.8020.828.096.3712.149.079.9210.1114.007.454.022.687.747.91

1 1.738.295.955.60

1 11.25

31.6938.1512.1632. 5114.3611.4416. 649.053 5. 8319. 938.3715. 9413.987.127.0. 0C9.249.2914. 0334.5111. 8613. 5518.26

12.64

13.6717.9115.1916.922.8012.0329.3513.4210. 6416. 9023.1016.1919.1022.7611.146.613.9912.8513.0512.6114.108.598.00

1 15.12

QP

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Page 63: Annual Report of the Comptroller of the Currency 1925

Abstract of reports of earnings and dividends of national banks for the year ended June 80% 1925—Continued[In thousands of dollars]

LocationNet

earningsduringyear

Recov-eries oncnarged-

offassets

Total netearningsand re-coveries

oncharged-off assets

Losses charged off

Onloansanddis-

counts

Onbonds,secu-rities,

etc.

Ontrust

depart-mentopera-tions

OtherOn

foreignex-

change

Total

chargedoff

Ratios

Netadditionto profits

duringyear

Divi-dends

Divi-dends

tocapital

Divi-dends

tocapital

andsurplus

Net ad-dition

toprofits

tocapital

andsurplus

Net ad-dition

toprofits

tocapital

Missouri—Kansas City..St. JosephSt. Louis

1,2181,600

1624,195

139

56401

1,3571,729

2184,596

7241,063

922

1881

61

56116

1175

1,36986

1,058

548360

, 1323,538

616498

782,922

Per cent Per cent Per cent Per cent8.22 5.67 5.04 7.316.92 4.87 3.52 5.007.09 3.80 6.44 12.00

11.10 8.15 9.87 13.44

Total Middle Western States.. 66,100 8,170

North DakotaSouth DakotaNebraska

LincolnOmaha

KansasKansas CityTopeka —Wichita

MontanaHelena

Wyoming. _Colorado

DenverPueblo

New Mexico.—Oklahoma

MuskogeeOklahoma City..Tulsa

7271,218

2781,1592,047

14410938774578

5951,2831,672

225420

3,068243

1,161732

253205349

28263433

72121

30965

2054821413597

78346

177394

74,270

1,076932

1,567306

1,4222,480

151130408

1,054143800

1,7651,813

260517

3,851289

1,3381,126

24,958 4,867 4,051 87 34,029 40,241

1,094916

1,19064

8481,531

1035175

904116947

1,312419

13456

2,950162515895

4114

71758

1579

58117

514247

9465

1484892

3093

214

97

1394

3188

48135

"3O6"

1,2821,0411,370113968

1,8751187883

1,087123

1,0621,48094435615

175705

1,077

Total Western States.. 17,114 4,314

Washington..Seattle. _.Spokane..

1,9471,713

408

26624267

21,428:r 3

2,2131,955

475

14,561 1,001

919308122

146101

6

1,731 17,617

17018964

1,236601191

12061 109

1971934546053352

325133

201262

2858692251 9846511463349

3,811

9771,354

284

35, 996 10.35 6.47 7.23 11.57

216225606169477

1,1087688

1922885011671078216057

1,20711063760

3.354.417.179.807.768.159.506.298.005.40

11.114.26

10.3414.4826.672.677.17

11.5813.851.21

2.313.024.636.605.185.376.794.825.243.806.452.626.538.009.141.875.648.76

11.17

12.201 1.46

1.507.534.932.932.952.858.871.442.58

15.922.628.89

12.8613.22

2.179.08

11.10.78

1 3.201 2.14

2.3311.197.384.454.133.71

13.541 .624.44

19.614.15

16.0937.5014.59

2.7612.0013.76

.99

7,334 7.57 5.17 2.69 3.93

1,191858180

13.7514.306.21

9.739.595.08

7.9815.148.02

11.2822.579.79

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Page 64: Annual Report of the Comptroller of the Currency 1925

Oregon .Portland

CaliforniaLos Angeles

^ Oakland-<i San Francisco*<f Idahoft Utaho Ogden .

Salt Lake City^ NevadaOi Arizona

Total Pacific States . . .

Alaska fnonmember banks)Hawaii (nonmember banks)

Total nonmember banks _.

Total United States, Alaska andHawaii - -- . . .

1,2141,2664,6143,192

3663,954

546123109373266188

20,279

60161

221

325,383

306512584386

17312140

93

113165

2,951

6

6

39,686

1,5201,7785,1983,578

3834,266

686132112384297253

23,230

66161

227

365,069

709637

1,87071296

620779

7016

12192

257

7,328

1118

29

95, 552

503851656314

90856

72

1340

3

1,958

11

11

25,301

1

2

622

170122510194367494132

4133

127

1,839

64

10

17,876

2

5

1,783

9311,1442,546

969146

1,602929

9020

175165387

11,132

1733

50

141,134

589634

2,6522,609

2372,664

1 2434292

209132

i 134

12, 098

49128

177

223,935

1,499616

2,6291,819

951,960

1584950

11512177

11,417

5163

114

165,033

23.358.80

10.5210.736.33

10.054.116.135.886.058.745.13

10.96

2f>. 5010.50

14.25

12.05

15.506.457.337.533.485.412.884.344.554.095.963. 63

7.25

15.945.29

7.55

6.63

6.096.647.39

10.808 697.36

14.433.728.367.446.50

1 6.31

7.68

15.3110. 76

11.72

9.00

9.179.06

10.6115.3915.8013.66

1 6.335.25

10.8211.009.53

18.93

11.61

24.5021.33

22.13

16.35

i Deficit.

sn

fedG

§

O

wwfed

o

CntC7T

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Page 65: Annual Report of the Comptroller of the Currency 1925

Earnings, expenses, and dividends of national banks by Federal reserve districts, year ended June 80, 1925

[In thousands of dollars]

OfC

Capita!SurplusCapital and surplus

Gross earnings:Interest and discount . _Domestic exchange and collection charges.Profits of foreign exchange department. . .Commissions and earnings from insurance

premiums and the negotiation of realestate loans

Trust department profits _Other earnings „

Total

Expenses paid:Salaries and wagesInterest and discount on borrowed money.Interest on deposits _.TaxesOther expenses

Total _

Net earnings during yearRecoveries on charged-off assets

Total

Losses charged oS:On loans and discountsOn bonds, securities, etcOn trust department operations. —Other lossesOn foreign exchange..

Total —

DistrictNo. 1(382

banks)

114,67694,444

209,120

73, 790494936

2571

13,190

88,983

15,251943

31,8514,0859,709

61,839

27,1442,657

29,801

8,5743,780-

521.248

300

13,954

DistrictNo. 2(720

banks)

275,996317,881593,877

221,2193,7598,030

112,770

33,757

269, 596

45,6182,426

92,13812, 56727,490

180,239

89,35713,187

102, 544

18,3889,229

4132,949

855

31,834

DistrictNo. 3(671

banks)

99,934160,682260,616

86,934490654

2284

9,061

97,425

16,1861, 076

32,6404, 5369,333

63,771

33,6542,043

35,697

2,7121,680

91,306

20

5,727

DistrictNo. 4(748

banks)

127,710118,635246,345

95, 079579422

4417

12,501

109,002

18,9341,244

38,6276,746

11,110

76,661

32,3412,082

34,423

4,3872,433

21,847

110

8,779

DistrictNo. 5(549

banks)

94,02671,593

165,619

59,92499880

5263

4,627

65,897

12, 8722,129

20,8514,6257,392

47,869

18,0281,530

19, 558

4,937835

61,014

33

6,825

DistrictNo. 6(380

banks)

63,34439, 521

102,865

43,0891,561

59

15136

3,897

48,757

10,065866

14,2473,6015,914

34,693

14,0641,413

15, 477

4,62032254

1,01487

6,097

DistrictNo. 7(1,056

banks)

181,712113,127294,839

121,0882,0321,171

262377

11,846

136, 776

27,5371,381

46,8889, 516

16,636

101,958

34,8184,709

39,527

14,4702,774

581,913

39

19,254

DistrictNo. 8(492

banks)

70,38334,618

105,001

42,77977665

29191

2,943

46,783

9,769682

14,8303,0435,084

33,408

13,3751,238

14,613

3,775361

5642

2

4,785

DistrictNo. 9(761

banks)

62,25933,21295,471

47,3741,546

165

65981

3,173

52,998

11,639569

20,7683,3186, 351

42,645

10,3531,859

12, 212

7,188706

2784

23

8,703

DistrictNo. 10(1,014

banks)

86, 78340,967

127,750

64,6531,164

54

86467

5,623

72,047

17, 326647

22,7434,915

10,174

55,805

16, 2423,682

19,924

12, 346883

171,594

307

15,147

DistrictNo. 11

(711banks)

87,94240,574

128,516

47,7242,155

23

367

3,691

53,663

12, 725883

13,1843,9837,287

38,062

15,6012,362

17,963

6,831329

21,812

2

8,976

DistrictNo. 12

(.580banks)

103,82052,989

156,809

72,2931,234

861

75326

6,767

81,556

19,992861

25,0894,842

10,587

61,371

20,1852,918

23,103

7,2951,958

21,743

5

11,003

Non-memberbanks (6banks)

800710

1,510

51240

3

51

53

614

159

1352178

393

2216

227

2911

10

50

Grandtotal(8,070

banks)

1,369,3851,118,9532,488,338

976,45816,82812, 573

1,1585,951

111, 129

1,124,097

218, 07313, 707

373,99165,798

127,145

798,714

325,38339,686

365,069

95, 55225,301

62217,8761,783

141,134

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Page 66: Annual Report of the Comptroller of the Currency 1925

Net addition to profits from operations duringyear _ _ —

Total dividends declared since June 30,1924..

Ratios:Dividends to capital per cent..Dividends to capital and surplus doNet addition to profits, to capital, and

surplus —.-.-- percent...

15,84712,472

10.885.96

7.58

70,71043,280

15.687.29

11.90

29,97015,629

15.646.00

11.50

25,644IS, 705

12.306.38

10.41

12,73310,816

11. 506.53

7.69

9,3807,110

11.226.91

9.12

20,27318,731

10.316.35

6.8S

9,8287,835

11.137.46

9.36

3,5094,915

7.895.15

3.68

4,7777,212

8.315.65

3.74

8,9879,815

11.167.64

6.99

12,10011,399

10.987.27

7.72

177114

14.257.55

11.72

223,935165,033

12.056.63

9.00 fei

1o

§fedaoH

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Page 67: Annual Report of the Comptroller of the Currency 1925

58 EEPORT OF THE COMPTROLLER OF THE CURRENCY

National-bank investments in United States Government securities and other bondsand securities, etc., loans and discounts (including rediscounts), and losses chargedoff on account of bonds and securities, etc., and loans and discountst years endedJune 80, 1918 to 1925, inclusive

[In thousands of dollars]

Year endedJune 30—

19181919192019211922192319241925

UnitedStates

Govern-ment

securities

2,129,2833,176,3142,269, 5752,019,4972,285,4592,693,8462,481,7782,536,767

Otherbonds andsecurities

1,840,4871,875,6091,916,8902,005,5842,277,8662,375,8572,660,5503,193,677

Totalbonds andsecurities,

etc.

3,969,7705,051,9234,186,4654,025,0814,563,3255,069,7035,142,3285,730,444

Loans anddiscounts(including

rediscounts)

10,135,84211,010,20613,611,41612,004,51511,248,21411,817,67111,978,72812,674,067

Losseschargedoff onloans

and dis-counts

33,96435,44031,28476,210

135,208120,438102,81495, 552

Losseschargedoff onbondsand se-curities,

etc.

44,35027,81961,79076,17933,44421,89024,64225, 301

Percent-age oflosses

chargedoff on

accountloans

and dis-countsto totalloans

and dis-counts

0.34.32.23.63

1.201.02.86.75

Percent-age oflosses

chargedoff onbondsand se-curitiesto totalbondsand se-curities

1.12.55

1.481.89.73.43.48.44

Number of national banks, capital, surplus, dividends, net addition to profits, andratios, years ended June SO, 1914 to 1925

Year endedJune 30—

1914191519161917191819191920192119221923...19241925

Num-ber ofbanks

7,4537,5607,5717,5897,6917,7628,0198,1478,2468,2388,0858,070

Capital

$]]]

1,063,978,175, 068,577,080, 066,208,8751,081,670,0001,098,264,000L, 115, 507,0001,221, 453,000t, 273,237,0001,307,199,0001,328,791,0001,334,011,000I, 369,385,000

Surplus

$714,117,131726,620, 202731,820,365765,918,000816,801,000869, 457,000984,977,000

1,026,270,0001,049,228,0001,070,600,0001,080,578,0001,118,953,000

Dividends

$120, 947,096113, 707,065114, 724, 594125,538,000129, 778,000135, 588,000147, 793,000158,158,000165,884,000179,176,000163,683,000165,033,000

Net addi-tion toprofits

$149,270,171127,094, 709157,543,547194,321,000212,332,000240,366,000282,083,000216,106,000183, 670,000203,488,000195,706,000223,935,000

Percentages

Divi-dendsto cap-

ital

11.3710.6310.7611. 6111.8212.1512.1012.4212.6913.4812.2712.05

Divi-dendsto cap-

ital andsurplus

6.806.336.386. 796.786.836.706.887.047.476.786.63

Netaddi-

tion toprofitsto cap-ital andsurplus

8.397.088.76

10.5211.0912.1112.789. 407.798.488.119.00

NATIONAL BANKS CLASSIFIED ACCORDING TO CAPITALSTOCK

The total loans and discounts of the 8,072 national banks reportingon June 3.0, 1925, were $12,674,067,000; total resources, $24,350,-863,000; aggregate paid-in capital stock, $1,369,435,000, and totaldeposits, $19,909,669,000.

Two thousand four hundred and thirty-four of these banks, 'withloans and discounts of $493,470,000, total resources of $931,438,000,paid-in capital of $65,012,000, and deposits of $754,347,000, werecapitalized with individual paid-in capital stock of less than $50,000.

The number of banks having capital stock of $50,000 but less than$200,000 was 4,277. Total loans and discounts amounted to

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Page 68: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY •59

$2,645,598,000; total resources, $5,140,015,000; aggregate capital,$344,779,000, and deposits, $4,101,234,000.

Banks capitalized at $200,000 but less than $500,000 numbered884, and had loans and discounts of $1,900,261,000, resources of$3,619,092,000, paid-in capital of $220,719,000, and deposits of$2,944,632,000.

There were 244 banks with individual capital of $500,000 but lessthan $1,000,000. The total loans and discounts of this class ofbanks was $1,199,791,000; resources, $2,159,923,000; aggregate capi-tal, $135,875,000, and deposits, $1,755,905,000.

The number of banks with individual capital of $1,000,000 butless Ithan $5,000,000 was 206; loans and discounts amounted to$3,188,438,000; total resources, $5,791,150,000; aggregate capital,$307,550,000, and deposits, $4,828,669,000.

There were 27 banks with individual capital of $5,000,000 or more.The total loans and discounts of these banks was $3,246,509,000;aggregate resources, $6,709,245,000; capital, $305,500,000; and theirdeposits amounted to $5,524,882,000.

A tabulation of the information referred to is shown in the followingstatement, arid tables showing the number of banks in reserve citiesand States, classified according to capital stock, with the amount ofaggregate loans and discounts^ aggregate resources, aggregate paid-incapital, and aggregate deposits, are published in the appendix ofthis report.

National banks classified according to capital stock June 80, 1925

[In thousands of dollars]

Capital of less than $50,000— -Capital of $50,000 but less than $200,000Capital of $200,000 but less than $500,000Capital of $500,000 but less than $1,000,000Capital of $1,000,000 but less than $5,000,000Capital of $5,000,000 or more -

Total United States _

Num-ber ofbanks

2,4344,277

88424420627

8,072

Loans anddiscounts

493,4702, 645, 5981,900, 2611,199, 7913,188, 4383, 246, 509

12, 674, 067

Aggregateresources

931,4385,140, 0153,619,0922,159,9235, 791,1506, 709, 245

24,350, 863

Capital

65,012334, 779520, 719135, 875307,550305,500

1, 369,435

Totaldeposits

754,3474,101,2342,944, 6321, 755,9054, 828,6695,524,882

19,909,669

NATIONAL BANK EXAMINERS

The following is a list of the examiners in the service on October31, 1925:

CHIEF NATIONAL BANK EXAMINER

Pole, J. W., Office Comptroller of Currency, Washington, D. C.

ASSISTANT CHIEF NATIONAL BANK EXAMINERS

Office of Comptroller of Currency, Washington, D. C.

Districtsassigned

McBryde, W. W „-- 5 and 6.Proctor, John L , 8 and 10.

Districtsassigned

Gough, E. H__ 11 and 12.Luce, Frank H 7 and 9.

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Page 69: Annual Report of the Comptroller of the Currency 1925

60 BEFORE OF THE COMPTROLLER OF THE CURRENCY

DISTRICT CHIEF NATIONAL BANK EXAMINERS

Federalreservedistrict

No.

10

1:112

Bean, Norwin S_

Reeves, Owen T., jr:

Newnham, Stephen LThomas, Thomas CFolger, William P.Robb, Ellis DSims, Howard M

Wood, John S_

Patterson, B. K

Roberts, L. K

ColUer,, Richard HHarris, Thomas E

Address

Federal Reserve Bank Building, Boston,Mass.

72Q United States Customhouse, New York,N. Y.

1413 Jefferson Building, Philadelphia, Pa.715 Federal Reserve Bank Building, Cleve-

land, Ohio,710-715 Bond' Building, Washington, D. C,504 Post-Qmce Building, Atlanta, Ga.1203 Federal Reserve Bank Building, Chi-

cago, 111.1310 Federal Commerce Trust Building, St.

Louis, Mo.1334 First National Soo Line Building,

Minneapolis, Minn.800 Federal Reserve Bank Building, Kansas

City, Mo.312 Magnolia Building, Dallas, Tex.1103 Alexander Building, San Francisco,

Calif.

NATIONAL BANK EXAMINERS

31072

1053

12369

723

101094

10

10

11

Allanson, Edward A.Allen, Edgar F__Allsup, A. S.

Anderson, E. F. (Rec)Armstrong, George EAshwood,. CecilBaker, William BBaldridge, William HBarrett, John WBasham, A. ABina, J. C

1414; Jefferson Building, Philadelphia, Pa.Post-office box 154&, Muskogee, Okla.1428 North Main Street, Decatur, 111.

Alvey, John C j 720 United States Customhouse, New York,I N. Y.

Amrhein, Joseph A | 510 Virginia Railway and Power Building,Richmond, Va.

First National Bank, Abbeville, Ala.1226 Downing Street, Denver, Colo.710-715 Bond Building, Washington, D. C.1414 Jefferson Building, Philadelphia^ P&.403 Empire State Building, Spokane, Wash.1414 Jefferson Building, Philadelphia, Pa.Post-office box 940, Knoxville, Tenn.201. Security National Bank Building, Sioux

Falls, S. Dak.326 South Fifteenth Street, Richmond, Ind.Post-Office Building, Troy, N. Y.Post-Office Building, Wilkes-Barre, Pa.Post-office box 574, Hutchinson, Kans.Post-office box 462, Coffeyville, Kans.17 Magill Block, Fargo, N. Dak.Post-office box 1058, Pittsburgh, Pa.800 Federal Reserve Bank Building, Kansas

City, Mo.Federal Reserve Bank Building, Boston,

Mass.510 Virginia Railway and Power Building,

Richmond, Va.Room 214, Treasury Department, Wash-

ington, D. C.800 Federal Reserve Bank Building, Kansas

City, Mo.Care of State National Bank, Albuquerque,

N. Mex.

Bly, J. GarverBoldin, B. EBoysen, AlfredBrennan, F. P. (JG).Brown, S. HBryan, Charles AByers, R. W___

Campbell, George EL

Carolan, William B__

Carson, Thomas D__Carter, Aubrey R. (U)

Chapman, Edward L

Chapman, F. A. (Rec)

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Page 70: Annual Report of the Comptroller of the Currency 1925

BEPOBT OF THE COMPTROLLER OF THE CTJRREHOT

National Bank Examiners—Continued

61

Federalreservedistrict

No.Address

12

51

124

1184

16

11

12

42

510

31

10119

116

12

1149

917

11129

Chorpening, I. I

Clarke, A. A__ _

Cloe, William BCoffin, George M (Rec).Coffin, Gilbert SColley, L. H ...

Collins, L. C_Conner, Joseph HCooney, Dan H

Cooper, T. ACottingham, T. J__Cowan, David (Rec)

Crawley, William C

Crossen, Gail WCulver, William ACutts, Arthur D

Dalton, John W—Davenport, H. BDavis, Thomas HDenton, Frank R_ _

Derr, Ralph HDooley, Thomas EDonahue, W. HDrexel, Charles FDwyer, Thomas R

Dye, Samuel W__Elkins, Lewis REmbry, JacobEvans, Clyde JEvans, W. C

Farmer, T. PFaris, A. B . ._- . . .Fiman, C. F - . — ~

Fraser, Jesse AFreeman, O. MFuller, Harry R. (JG) —.

Funsten, James B

Funsten, William PFurbee, Ernest MGarrett, Robert D

Gilbert, H. B__Glazier, Charles A. (Rec)Goodhart, R. W. (Bee)...

1103 Alexander Building, San Francisco,Calif.

715 Federal Reserve Bank Building, Cleve-land, Ohio.

Post-office box 1185, Huntington, W. Va.71 College Street, New Haven, Conn.2817 Eye Street, Sacramento, Calif.715 Federal Reserve Bank Building, Cleve-

land, Ohio.312 Magnolia Building, Dallas, Tex.214 Federal Building, Evansville, Ind.7JU> Federal Reserve Bank Building, Cleve-

land, Ohio.40 Chapel Street, Augusta, Me.823 Age-Herald Building, Birmingham., Ala.Care of Citizens National Bank, Silver City,

N. Mex.436 EL W. Heilman Building, Los Angeles,

Calif.Post-office box 463, Columbus, Ohio.Davison Place, Baldwin, Long Island, N. Y.Office of Comptroller of the Currency,

Washington, D. C.Post-office box 958, Charlotte, N. C.Post-office box 61, Lancaster, Pa.Columbia S. C, 213 Palmetto Building.8€K) Federal Reserve Bank Building, Kansas

City, Mo.1414 Jefferson Building, Philadelphia, Pa.Federal Reserve Bank Building, Boston*

Mass.Post-office box 186, Clinton, Okla.332 Post-Office Building, Amarillo, Tex.1334 First National Soo Line Building,

Minneapolis, Minn.422 West Jackson Street, Carbondale, 111.732 New Street, Springfield, Mo.312 Magnolia Building, Dallas, Tex.Post-office box 828, Atlanta, Ga,436 H. W. Heilman Building, Los Angeles,

Calif.312 Magnolia Building, Dallas, Tex.Post-ofHce box 506, Richmond, Ky.1334 First National Soo Line Building,

Minneapolis, Minn.Do.

26 Laurel Avenue, Providence, R. I.1203 Federal Reserve Bank Building, Chi-

cago, 111.720 United States Customhouse, New York*

N. Y.Post-office box 425, Evans-ton, 111.Post-office box 1058, Pittsburgh, Pa.Care of Division of Insolvent National

Banks, Office of Comptroller of the Cur-rency, Washington, D. C.

318 Post-office box, Wichita Falls, Tex.First National Bank, Rexburg, Idaho,Care of Merchants National Bank, Crooks-

ton, Minn.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 71: Annual Report of the Comptroller of the Currency 1925

62 KEPOBT OF THE COMPTROLLER OF THE CUEEEKCT

National Bank Examiners—Continued

Federalreservedistrict

No.Address

121

17

10

7431

119

2

10

12

10291

1197

910372

10

116

47

1063

Graham, H. A

Gray, W. M. (Rec)Green, A. W. (JG)Greene, Thomas MGreenfield, James BGriffey, O. A

Griffin, Roy H___

Hadlock, Gerald B__Haneke, Edward CH artman, Charles HHarwood, Edward G. (JG)

Hedrick, Gilbar C

Hess, Grant H

Hill, Roger W

Hodgson, R. M

Hooper, Marshall •-Hoover, Paul E. (JG)Homer, H. NHotchkin, Paul LHughes, John P. (Rec)Hurley, Michael JHutt, William EJohnson, A.W. (Rec.) (J.G)Johnson, C. E. HJohnson, Robin M. (Rec)_Joseph, Edward M

Kane, Thomas F

Kane, W. W. (JG)

Kelly, Burdette (Rec)Kennedy, L. GKetner, John HKing, Frank LKlein, Benton__

Krippel, F. WLahman, H. S. (Rec)Lamb, ErnestLammond, W, HLanum, H. LLeyburn, A. PLibby, Harry CLifsey, W. PLoewer, Charles H. (JG) _ _

509 National Bank Building, Wheeling. W.Va.

First National Bank, Joseph, Oreg.Federal Reserve Bank Building, Boston,

Mass.Do.

201 Federal Building, Peoria, 111.800 Federal Reserve Bank Building, Kansas

City, Mo.720 United States Customhouse, New York,

N. Y.213 IJederal Building, Des Moines, Iowa.Post-office box 151, Lima, Ohio.1414 Jefferson Building, Philadelphia, Pa.Federal Reserve Bank Building, Boston,

Mass.312 Magnolia Building, Dallas, Tex.Care of City Insurance Agency, Bismarck,

N. Dak.720 United States Customhouse, New York,

N....Y.800 Federal Reserve Bank Building, Kansas

City, Mo.238 Central Building, Seattle, Wash.1334 First National Soo Line Building,

Minneapolis, Minn.Post-office box 606, Norman, Okla.326 Ten Eyck Street, Watertown, N. Y.Care of. First National Bank, Bisbee, N. Dak.Federal Reserve Bank Building, Boston,

. Mass.Sherman, Tex.First National Bank, Lidgerwood, N. Dak.331 Federal Building, Milwaukee, Wis.First National Bank, Hearne, Tex.Keegan Apartments, l l j ^ West Madison

Street Danville, 111.715 Federal Reserve Bank Building, Cleve-

land, Ohio.1310 Federal Commerce Trust Building, St.

Louis, Mo.First National Bank, Torrington, Wyo.875 South Williams Steet, Denver, Colo.440 Catawissa Avenue, Sunbury, Pa.Post-office box 361, Ottumwa, Iowa.407 West One hundred and forty-sixth

Street, New York, N. Y.504 Post Office Building, Atlanta, Ga.800 Federal Reserve Bank Building, Kansas

City, Mo.Post-office box 321, Austin, Tex.120 United States Customhouse, New Or-

leans, La.1117 East Broad Street, Columbus, Ohio.1203 Federal Reserve Bank Building, Chi-

cago, 111.Post-office box 296, Salina, Kans.Post-office box 442, Albanjr, Ga.1414 Jefferson Building, Philadelphia, Pa.

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Page 72: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY 63

National Bank Examiners—Continued

Federalreservedistrict

No.Address

12

21

9

10

1137

374

1229

2

8

11112

610

75

1210

12

10766

121

10

7

Logan, J. M

Lorang, Peter J

Luiken, John B

Lytle, Frank S

McCandless, George T__.

McCans, A. BMcConaughy, R. C _.

McCreight, Harry A

McGarvey, Frank S_

McGinnis, Francis J.(JG)McGrath, John CMcKee, Joel S___McLean, Charles HMacdonald, F. GMadland, L. L

Maguire, Edward J

Mann, Stuart H_

Mansfield, Fred SMarcom, Roy

Marcuse, Benjamin

Miles, A. F

Millard, Samuel TMiller, Louis AMoon, Earl WMoore, George MMorgan, Clarence E. (JG)Mueller, Arthur M. (JG)Murphy, D. F

Nieman, R. E

Nelson, Nels (JG)

Noone, D. L. (Rec.)Norman, Harry ANorthcutt, V. HOglesby, H. EOtto, Charles CParker, Edward F

Pearson, Herbert (Rec) _

Peterson, F. R

Potter, Fulton F

436-437 H. W. Hellman Building, LosAngeles, Calif.

Lenox Hotel, Buffalo, N. Y.Apartment 18, 250 North Main Street, Con-

cord, N. H.Care of Paul C. Keyes, Federal Building,

Aberdeen, S. Dak.800 Federal Reserve Bank Building, Kansas

City, Mo.Post-office box 1584, Waco, Tex.1414 Jefferson Building, Philadelphia, Pa.1203 Federal Reserve Bank Building, Chi-

cago, 111.1334 First National Soo Line Building,

Minneapolis, Minn.1414 Jefferson Building, Philadelphia, Pa.Post-office box 592, Indianapolis, Ind.733 Federal Reserve Bank Building, Cleve-

land, Ohio.406 Customhouse, Portland, Oreg.Post-office box 926, Buffalo, N. Y.1334 First National Soo Line Building,

Minneapolis, Minn.720 United States Customhouse, New York>

N. Y.1310 Federal Commerce Trust Building, St.

Louis, Mo.Post-office box 1067, Fort Worth, Tex.3521 Eutopia Street, Greenville, Tex.560 West One hundred and forty-fourth

Street, New York, N. Y.No. 4 Thornton Apartment, Redgate Ave-

nue, Norfolk, Va.Post-office box 822, Nashville, Tenn.800 Federal Reserve Bank Building, Kansas

City, Mo.335 Federal Building, Rock Island, 111.Post-office box 752, Cumberland, Md.238 Central Building, Seattle, Wash.

800 Federal Reserve Bank Building, KansasCity, Mo.

Brock House, Rutland, Vt.720 United States Customhouse, New

York, N. Y.1334 First National Soo Line Building,

Minneapolis, Minn.224 Federal Building, Salina, Kans.1203 Federal Reserve Bank Building,

Chicago, 111.Post-office box 1175, Lakeland, Fla.Post-office box 1246, Montgomery, Ala.406 Customhouse, Portland, Oreg.Federal Reserve Bank Building, Boston,

Mass.First National Bank of Hayward, Hayward,

Wis.800 Federal Reserve Bank Building, Kansas

City, Mo.110 North Adams Avenue, Mason City,

Iowa.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 73: Annual Report of the Comptroller of the Currency 1925

6 4 EEPOET OF THE COMPTROLLER OF THE CURKE25TCT

National Bank Examiners—Continued

10

12

52

8

10

12

117

1.191

87

12

119963492

21145

Power, R.EPreussner, Don A.Price, Albert E. (JG)

Ramsdell, Paul CRasmussen, Frank E..Reinholdt, Carl A

Riley, Jay M

Ritt, Charles J. (JG).--

Roberts> Joseph H. (JG). _Robinson, E. RobertRoots, J. ORoss, M. ARyan, Frank J

Sailor, Vance LSanders, J. LSawyer, L. M., jr..

Schechter, William JSchofield, John W. (U) - _.Sellers, W. BSevison, HenrySheehan, W. FSmith, Clarence F. (WFC)Smith, George FS i t h G H

, gSmith, George HSmith, John H. (Rec)Smith, Robert FSmith, Roy E. (Rec)_Smouse, Murray C _

Snapp, John WSnyder, Vernon G_Stevens, Lyle T___

Stewart, Adelia M-

5 I Stewart, Charles A_.2 ! Stillman, William P_

Stobie, CVA „Storing, Charles C. (Rec).Stuart, Robert KSwenson, Loren T

9 ! Swords, George W. (Rec) _

Thompson, K. W_Thorn, Leslie D__Tripp, Homer S__Tucker, G. H

62 South Dale Street, St. Paul, Minn.800 Federal Reserve Bank Building, Kansas

City, Mo.1103 Alexander Building, San Francisco,

Calif.710-715 Bond Building, Washington, D. C.720 United States Customhouse, New York,

N. Y.St. Regis Apartment, 4954 Lindell Boule-

vard, St. Louis, Mo.314 West Twenty-fifth Street, Cheyenne,

Wyo.1103 Alexander Building, San Francisco,

CaKf.312 Magnolia Building, Dallas, Tex.651 Kellogg Street SE., Grand Rapids, Mich.Care of Federal Reserve Bank, Houston, Tex,17 Magfll Block, Fargo, N. Dak.Federal Reserve Bank Building, Boston,

Mass.130 West Adams Street, Kirkwood, Mo.Post-office box 96, Spencer, Iowa.436-437 H. W. Hellman Building, Los

Angeles, Calif.1812 Burns Avenue, Detroit, Mich.1539 Hayworth Avenue, Hollywood, Calif.519 Bedell Building, San Antonio, Tex.17 Magill Block,. Fargo, N. Dak.104 Torrey Building, Duluth, Minn.Care of Atlanta agency, Atlanta,. Ga.Post-office box 981, Harrisburg, Pa.Post-office box 336, West Newton, Pa.Weiser, Idaho.720 United States Customhouse, New York,

N. Y.Care of First National Bank, Sterling, Colo.720 United States Customhouse, New York,

N. Y.710-715 Bond Building, Washington, D. C.Post-office box 231, Sunbury, Pa.1334 First National Soo Line Building,

Minneapolis, Minn.Room 217, Office of Comptroller of the Cur-

rency, Treasury Department, Washington,D. C.

Post-office box 63, East Falls Church, Va.720 United States Customhouse, New York,

N. Y.Post-office box 313, Honolulu, Hawaii.Lock box 450, Mandan, N. Dak.Post-office box 536, Waterloo, Iowa.715 Federal Reserve Bank Building, Cleve-

land, Ohio.1334 First National Soo Line Building, Min-

neapolis, Minn.425 Summer Avenue, Newark, N. J.1851 North Eighth Street, Abilene, Tex.Post-office box 466, New Castle, Pa.Post-office box 332, Raleigh, N. C.

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Page 74: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CUREE^CY; 6 5

National Bank Examiners—Continued

Federalreservedistrict

No.Address

10

62

12

7

7

2

2124

102

12

9

12

Turner, John W

Vann, John R. (Rec) (JG)Von Arb, E. A

Waldron, Walter J_

Walker, Harry W. .„

Wanberg, J. F

Watson, Ernest H

Watts, John L. (JG)

Weigand, Charles P_White, A. JWhite, O. WWhitney, Harold SWilde, M. C

Williams, C. L. (Rec)_._

Williams, F. D; (Rec)___

Williams, T.. M

Wilson, C. F- r

Wood, D.-R

Woodside, HalWright, Irwin DWylie, Robert WWilson, E. B -Young, William R______.

800 Federal Reserve Bank Building, Kansas,City, Mo.

Care of First National Bank, Colquitt, Ga.720 United States Customhouse, New York,

N. Y.1107 A. Mattei Building, Fresno, Calif.1203 Federal Reserve Bank Building, Chi-

cago, 111.1203 Federal Reserve Bank Building, Chi-

cago, 111.720 United States Customhouse, New York,

N. Y.720 United States Customhouse, New York.

N. Y.327 Federal Building, Pocatello, Idaho.Post-office box 1058, Pittsburgh, Pa.Room 2, King Building, Norfolk, Nebr.720 United States Customhouse, New York,.

N. Y.238 Central Building, Seattle, Wash.Care of Commercial National Bank, Wil-

mington, N. C.Care of First National Bank of Fergus

County, Lewistown, Mont.1103 Alexander Building, San Francisco^

Calif.Office of Comptroller of the Currency, Wash-

ington^ D:. C.Pulaski National Bank Building, Pulaski,

Va.2619 Broadway, Little Rock, Ark.1334 First National Soo Line Building, JMin-

neapolis, Minn.General delivery, Reading, Pa.Post-office box 477, Council Bluffs, Iowa.407 Central State National Bank Building,

Memphis, Tenn.

(Rec)=Acting as receiver of a national bank.(JG)-National bank examiner, junior grade.

(WFC)=Detailed for temporary duty to War Finance Corporation.(U) =* Unassigned.

CO.HTICTIOSS OF NATIONAL EAFK OFFICERS AMD OCTEKSFOE VIOLATIONS OF THE NATIONAL BANKING LAWS DUE-IKS THE- YBAB EMBED 0CT0SEE 31, 19-25

Information furnished by the Department of Justice relative toconvictions during the year ended October 31? 1925, of officers andemployees of national banks, and others, for violations of the na-tional banking laws, is shown in the following statement:

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 75: Annual Report of the Comptroller of the Currency 1925

Criminal cases under the national banking laws resulting in conviction during the year ended October SI, 1925

Name of officer and others Position Title and location of the bank Offense Sentence Date ofsentence

C. B. TambakisM.C.WrightForest P. Hyatt

Oscar Kameninski

Pasquale Garcia..

EmployeeTeller

do

Manager foreign department

Bookkeeper

John Horton « None..John Middleton do.Stephen Breese ! do.George UrlnerOthar JensenJ. B. DeisenrothAlvin StecklerJames J. Gaffney

Commercial National Bank, Youngstown, Ohio.Citizens National Bank, Sumter, S. CCitizens Union National Bank, Louisville, Ky..

Citizens National Bank, Vandergrift, Pa

National Butchers & Drovers Bank, New York,N. Y.

.do.

Embezzlementdo . . . . .

False entries and misappli-cation.

False entries and embezzle-ment.

Stealing.

T. T.HydeGeorge L. Dick..

Arthur ApplegateJ. L. McAdams

E. E. ChiversRichard BelisleGeorge W. Hunter..

Leo. A. MergenMont BergVictor J. SeidelT. E. CameronWilliam B. CooperThomas E. Cooper.Jordan W. RichardsonWilliam M. JeterHarold Wallace..H. P. Beckwith

James S. ArchdeaconAlfree W. Glynn

Robert G. Gore Transit clerk..John H. Smethers Paying teller..

doPresidentAssistant cashierGeneral bookkeeper..Cashier

.do....dp.,.do..

Aider and abettor..dodo

15 years15 months

10 months in jail.

1 year and 1 day.

3 yearsOn probation 5 years..

do

President.Cashier...

First National Bank, Watts, Calif _.do _

Old National Bank, Evansville, Ind._ _.Iron County National Bank, Crystal Falls,

Mich.Commercial National Bank, Charleston, S. C...

do

false

ClerkTeller

Assistant teller..Cashier

do

doPresidentClerk.. . . .Assistant cashier..Former president..PresidentVice president

Peoples National Bank, Lakewood, N. JFarmers & Merchants National Bank, Redon-

do, Calif.

State National Bank, Ardmore, OklaFirst National Bank, Morris, Okla -Williamstown National Bank, Williamstown,

W. Va.Union National Bank, Beloit, Kans.First National Bank, Quincy, CalifFirst National Bank, Altoona, Pa.. .Home National Bank, Cleburne, TexCommercial National Bank, Wilmington, N. C.

.do.

do.EmbezzlementFalse entriesEmbezzlementEmbezzlement and

entries.False entries,. _Conspiracy to make false

statement.Abstraction and false entries.Abstraction

AbstractionEmbezzlement.

do

_do_-.Cashier. _.President.

TellerEmployee

State National Bank, Ardmore, Oklado..do — - - -

Northern National Bank, Fargo, N. Dak

Security National Bank, Pasadena, CalifAmerican National Exchange Bank, New York,

N.Y;First National Bank, Muskogee, OklaExchange National Bank, Tulsa, Okla ,._,

•False entries. _.PerjuryAbstractionEmbezzlement.False entries and abstraction

.doPerjury and misapplication..

do _do.... - . . —

Misapplication and false en-tries.

Embezzlementdo.. . . .

Misapplication..Embezzlement..

.do.,

.do..2% years$500 fine.4 years1 year and 1 day.

do....$200 fine..

1 year and 1 day10 months in jail and $1,500

fine.

3 years and 3 days.,$800 fine1 year and 1 day...

5 years$250 fine....$100 fine1 year and 1 day.18 months _3 years.6 months in jail. .3 months in jail..12 months in jail.1 year and 1 day.

13 monthsOn probation pr suspended

sentence, 1 year and 1 day.$200 fine90 days in jail and $500 fine..

1924Nov. 3Nov. 5Nov. 8

Nov. 14

Nov. 17

Do.Do.Do.Do.Do.Do.

Nov. 20Dec. 9

Dec. 10Do.

Dec. 15Dec. 22

1925Jan. 12Jan. 30

Do.

Jan. 31Feb. 10Feb. 11Feb. 17 •Feb. 18

Do.Feb. 25

Do.Do.

Mar. 2

Do.Mar. 9

Do.Do.

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Page 76: Annual Report of the Comptroller of the Currency 1925

William Stryker

George AdairGrover O. DaviesJohn BrodieS. L. Whitson

Thomas B. WrightH. R. ParkerA. B. Richardson

George C. Hudspeth.

F. H. Brown

H. G. ArnoldO. W. ArmellPaul Wong

Russell Neltner..E. C. AikenW. B. Morris....E. F. Strain

Thomas H. Lang..

Clifford S. Heller..

David G. Wilson.

W. K. Robinson..

George D. Rich.Elmer Gwinner.S. A. Summers._A. R. Steele

Earl Fowler.S. J. Doyle..

Paul F. Reinking.L. J. Brian

K. C. Hempstead.-.Charles W. Pardew.C. E. Hadsell-.William H. Camp...W. G. BaughMaurice WilkinsSam Hicks, jrIvan Glavadanovic.

President..ClerkEmployee..

do..CashierAssistant cashier..TellerBookkeeper

Cashier..

Vice president..

CashierTeller-Assistant exchange teller

Employee..Receiver.. .CashierPresident...

Teller

Assistant cashier..

do

Cashier..Employee . .Individual bookkeeper..Bookkeeper

do. _

do_.Cashier .

do.Vice President.Employee _.CashierBookkeeperCashier and vice president..Assistant cashierBookkeeperEmployeeManager foreign depart-

ment.

Security National Bank, Arkansas City, Kans^..

First National Bank, Oakland, CalifFirst National Bank, Lakeland, Fla -...Philadelphia National Bank, Philadelphia, Pa-Citizens National Bank, Centerville, Tenn

Citizens National Bank, Vicksburg, MissFirst National Bank, St. Anthony, IdahoEdisto National Bank, Orangeburg, S. C

First National Bank, Goree, Tex

First National Bank, Warroad, Minn-

First National Bank, Grady, N. MexFirst National Bank, Hanford, Calif.Northwestern National Bank, Portland, Oreg...

American National Bank, Newport, KyFirst National Bank, Sipe Springs, Tex...*First National Bank, Farmville, VaFirst National Bank, Gregory, S. Dak

First National Bank, Westville, N. J

Mount Holly National Bank, Mount Holly,

Lumbermen's National Bank, Menominee,Mich.

First National Bank, Volant, Pa

First National Bank, Mounds, HISecond National Bank, Toledo, OhioJackson State National Bank, Jackson, MissNational Bank of Commerce, Asheville, N. C...

Growers National Bank, Fresno, Calif..First National Bank, Poteau, Okla

Perry National Bank, Perry, Iowa-First National Bank, Caddo, Tex—,

First National Bank, Oklahoma City, OklaFirst National Bank, Monette, Ark. _ _First National Bank, Fort Wayne, IndCommercial National Bank, Greenville, Tex...Farmers National Bank, Tazewell, VaFirst National Bank, Alexandria, VaAmerican National Bank, Nashville, TennMerchants National Bank, Los Angeles, Calif..

Embezzlement and misappli-cation.

Embezzlement.False entries...Embezzlement.Forgery, embezzlement, false

entries, etc.Embezzlement,

doEmbezzlement, false entries,

and abstraction.Misapplication, false entries,

and embezzlement.Abstraction and misapplica-

tion.Embezzlement.

doAbstraction and embezzle-

mentEmbezzlement

.do..do.

Embezzlement, misapplica-tion, and false entries.

Embezzlement and abstrac-tion.

Embezzlement

do-

Embezzlement and abstrac-tion. ,

Abstraction and false entries-MisapplicationEmbezzlementFalse entries

Abstraction and false entries.Misapplication and false en-

tries.Misapplication _.Misapplication, embezzle-

ment, and false entries.EmbezzlementMisapplication __.Embezzlement __.

do._—do_:

do ._Abstraction . .False entries _

$500 fine and costs | Mar. 10

2 years1 year and 1 day.3 months in jail. _5 years

$500 fine—18 months..2 years

4 months in jail.

5 years

2 years, on probation..1 year, on probation...2 years

ipr. 7Do.

Do.Mar. 14Mar. 21Mar. 23

Do.Mar. 24Mar. 25

Mar. 26

Apr. 1

Apr.Do.

Apr. 8

Apr. 10Apr. 11Apr. 13

Do.

Do.

Do.

Apr. 14

Apr. 15

Apr. 20Apr. 23May 4

Do.May 5May 8

1 year and 1 day May 12

$335 fine.I year and 1 day..3 yearsII months in jail-

On probation

1 year and 1 day

$1,000 fine...

2*4 years

5 years and $5,000 fine.$100 fine.3 months in jail$1 fine and make restitution.

2 years, on probation18 months and $100 fine

14 months _ Do.2 years May 131 year and 1 day. _ May 182 years and $1,000 fine _ May 232 years May 272 years and 6 months May 2412 months in jail June 11 hour in custody of marshal- June 3On probation, report quar- June 7

terly to United States at-torney.

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Page 77: Annual Report of the Comptroller of the Currency 1925

Criminal cases under the national banking laws resulting in conviction during the year ended October 81, 1925—Continued

I

OO

HWO

§

w

Name of officer and others

Walter Harbottle..Floyd Bosserdet...J. C. Hale . . .

T. J. McNamara.

J. H. RigdonJ. M. TapagerA. B. AndersonHerbert E. Clark.__F. W. L. Hageman..J. H. McNeill.

Position

Assistant cashier.EmployeeCashier ,

Employee.

Bookkeeper.

CashierBookkeeperCashier-_.-Vice president-Director

Title and location of the bank

New First National Bank, Hartford,, ArkFirst National Bank, Detroit, Mich—Farmers & Merchants National Bank, Farmers-• ville, Tex. ' "Seventh Avenue National Bank, New York,

Fourth National Bank, Macon, Ga

First National Bank, Lake Mills,, IqwaFirst National Bank, Ruthven, Iowa 1First National Bank, Matoaka, W. VaLincoln National Bank, Cincinnati, Ohio _Citizens First National Bank, Albany, Ga

_do_J. E. Foy _ CashierA. J. Pohlman doLouis Steiner._ doT. Smith Buckman ...I NoneB. J. McGurl _ Cashier. _ First National Bank, Jessup, PaW. S. Mahei- None.. _ doF. L. Butzloff I President City National Bank, Tipton, Iowa.

First National Bank, Iron River, Mich-First National Bank, Roosevelt, N. Y__.

do_.

Frank W. Quaite ! Assistant CashierH. J. Vaniman I Vice president and cashier —Morris H. Rothston _. Teller.

Allen D. BoggsClinton N. Franklin...L. B. Wpoters

WaxahachieNational B.ank, Waxahachie, Tex..First National Bank, La Ver4e, GaiifFourth Street National Bank, Philadelphia, Pa.

Employee - Commercial National Bank, Shreve.pq.rt, La_do

Assistant vice president| Washington Park National'Ba,nk, Chicago, 111.j National Bank of Commerce, Houston, Tex..,

Offense Sentence

iVEisapplicatiqn --- 2 years and $.250 fine.-Embezzlement j 3 years, on probation.

" 15 months ....

1 year, on probation...

1 year a$d 1 day

Misapplication and false en-tries.

Embezzlement.

Embezzlement and false en-' tries. 'Embezzlement

do.-do_

Mis^pplication and con-spiracy.:.do-

E mbezzlement. - . . do -Aider and abettor.M isappllcationAider and abettor.Embezzlement

Abstraction and false entriesEmbezzlementThft

Embezzlement._.I.dQ_——-...

do

$500 fine and costs...do-

5 years.1 year and 1 day_$500 fine—.-.—

-do-

Date ofsentence

2 years and 6 months .._.2 years.2Vz years _12 months in jail2 years.6 months in jail, $1,500 fine

and costs.1 year and 1 dayOn probation._.Oh probation, report

monthly.$100 fine..2 years _ _..2 years, on probation

1925June 8

Do.June 9

June 10

Po.June 16

Do.June 17July 1July 4

Do.July 24Sept. 10Do.

Sept. 17

Sept.* 23

Sept. 26Oct. 5Oct. 3

Oct. 10Oct. 14Oct. 20

§

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Page 78: Annual Report of the Comptroller of the Currency 1925

OF THE COMPTROLUEB OF THE CTJEEESTCir 6#

FEDERAL EESEEVE SYSTEM

The resources of the 12 Federal reserve hanks amounted to$4,960,423,000 October 28, 1925, and exceeded the amount October29, 1924, by $63,154,000. In this period the gold holdings of thesebanks showed a reduction of $261,277,000; bills discounted and boughtan increase of $480,742,000; and holdings of United States Govern-ment securities, a reduction of $259,443,000.

Capital stock amounted to $116,602,000, an increase in the yearof $4,649,000, and surplus funds of $217,837,000 showed a reductionof $3,078,000.

Member bank deposits showed an increase of $64,865,000, andcollection items, an increase of $50,840,000.

Statement showing the assets and liabilities of these banks at thedates of fall reports, since November 24, 1916, to October 28, 1925,and principal items of resources and liabilities at the close of eachmonth since January 28, 1921, follow:

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Page 79: Annual Report of the Comptroller of the Currency 1925

[In thousands of dollars

ASSETS

GoldOther lawful money.....Bills discounted and bought . _United States securities . . .Municipal warrantsFederal reserve notes—net . .Due from Federal reserve banks—netQncollected itemsAll other assets ..«

Total

LIABILITIES

Capital paid in .SurplusGovernment depositsMember bank deposits—netDue to member and nonmenber banksAll other deposits. _Federal reserve notes—net . . . .Federal reserve bank notes in circulationCollection itemsAll other liabilities

Total

Nov. 24,1916

459,93517,9^4

122,59350,59422,16615,41443,263

3,121

735,060

55,711

26,319637,072

14,2961,028

634

735,060

Nov. 16,1917

1,584,32852,525

681,719241,906

1,273

428,54422,111

3,012,406

66,691

218,887

1,501,423

1 972,5858,000

240,4374,383

3,012,406

Nov. 22,1918

2,060,26555,992

2,078,219177,314

27

819,01028,700

5,219,527

80,0251,134

113,174

1,718,000

i 2,555,21580,504

620,60850,867

5,219,527

Nov. 28,1919

2,093,64166,025

2,709,804314,937

1,013,42632,208

6,230,041

87,00181,08798,157

1,943,232

i 2,852,277256, 793861,43650,058

6,230,041

Nov. 26,1920

2,023,916171,364

2,983,133320,614

709,40136,152

6,244,580

99,020164,74515,909

1,734,691

13,325,629214,610582,442107,534

6,244,580

Oct. 26,1921

2,786,239150,909

1,371,075190,946

540,06755,679

5,094,915

103,007213,82446,624

1,669,059

22,87312,408,779

88,024466,04476,681

5,094,915

Oct. 25,1922

3,085,083126,835727,090408,636

27

653,49363, 931

5,065,095

106,277215,39823,659

1,799,931

18,18012,298,536

37,995539,77325,346

5,065,095

Oct. 31,1923

3,111,078119,219

1,088,49891,837

317

611,27169,047

5,091,267

109,726218,36940,334

1,895,265

23,06112,224,865

523555,91423,210

5,091,267

Oct. 29,1924

3,043,826130,068437,969584,200

611,70989,497

4,897,269

111,953220,91528,266

2,162,347

27,35111,766,622

566,51013,305

4,897,269

Oct. 28,1925

2,782,549163,443918,711324,757

684,02786,936

4,960,423

116,602217,83738,670

2,227,212

31,38211,694,771

617,35016,599

4,960,423

* In actual circulation.

3S

oo

3o

p

M

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Page 80: Annual Report of the Comptroller of the Currency 1925

BEPORT OF THE COMPTROLLER OF THE CURRENCY 71

The principal assets and liabilities of the 12 Federal reserve banksat the close of business each month, from January 28, 1921, to Octo-ber 28, 1925, are shown in the statement following:

[In millions of dollars]

Year

Assets

GoldOthercur-

rency

Bills dis-counted

andbought

UnitedStatessecuri-

ties

Liabilities

Capi-tal

100101101101102102102103103103103103

103104104104105105105106106106107107

108109109109109109110110110110110lip

110111111111111111111112112112112112

112114114115116116116116116117

Sur-plus

202202202202202202214214214214214214

215215215215215215215215215215215215

218218218218218218218218218218218218

221221221221221221221221221221221218

218218218218218218218218218218

Grossdeposits

2,2392,2792,2952,1572,1312,0982,1082,0712,1592,2052,2062,223

2,1772,1982,2142,3332,2932,3702,3312,2972,3362,3822,3812,479

2,4712,4992,4922,4732,4762,4622,4102,393

• 2,4812,5152,4982,473

2,4752,5222,5212,5392,4862,5992,6342,6182,7372,7842,2032,311

2,2652,2702,1842,1872,2022,2102,2012,2372,2682,297

Circu-lation

1921Jan. 28F,eb. 25Mar. 25Apr. 27May 25June 29July27Aug. 24Sept. 28Oct. 26,Nov. 30Dee. 28

1922Jan. 25Feb. 2 1 . . . . . . . .Mar. 29Apr. 26May 31June 28July 26Aug. 30Sept. 27Oct. 25Nov. 29Dec. 27

1923Jan. 31Feb. 28Mar. 28Apr. 25 . .May 29June 27July25Aug. 29Sept. 26Oct. 31Nov. 2 8 . . .Dec. 26

1924Jan.30Feb.27Mar. 26Apr. 30May 28June 25July 30Aug.27.._Sept. 24Oct. 29Nov. 26Dec. 31

1925Jan. 28.. .Feb. 25Mar. 25Apr. 29May27June 24July 29Aug.26Sept. 30Oct. 28

2,1062,1402,2112,3182,3932,4622,5312,6192,7262,7862,8492,870

2,9042,9472,9752,9953,0083,0213,0553,0633,0773,0853,0733,040

3,0763,0733.0C43,0853,1093,1113,1143,1213,1173,1113,1123,071

3,1433,1233,1233,1203,1183,1563,1553,1153,0693,0443,0462,937

2,9392,8942,8672,8512,8382,8112,7912,7622,7602,783

214217211187165164154147153151140123

155134128130123127127132126127130108

206175178165148164160149150117144136

180158151152143169155132130130122173

2181921971971962042021771541G3

2,6222,5672,4102,1671,9571,8031,6701,5311,4421,3711,2551,294

933804739583590623536576658727909876

786803954911989979937989

1,0341,0881,0831,194

794795685572516395318312352438502701

581751685667692697679781901919

287287283268306257249239224191205241

250355441

5,8625,8615,7535,5045,3805,2425,1505,0535,1075,0955,0445,151

4,7814,7894,816

567603557541498451409304458

3543632491941891359694929284104

121156257302333430505542575584582540

394365344349349325330332343325

4,860 14,847 I4,9054,8634,8494,9705,0655,0815,305

5,0145,0875,0685,0415,0735,0384,9534,9675,0785,0915,0985,169

4,8424,8904,8514,8114,7254,7914,7404,7044,8124,8974,9605,096

4,8004,9424,7874,7504,7574,7494,6804,7284,9064,960

3,2933,2413,1062,9832,8802,7672,6632,5992,5592,4972,4422,528

2,2692,2552,2622,2372,2122,1922,1902,2072,2882,3372,3512,47S

2,3072,2502,2352,2252,2522,2292,1962,2262,2482,2252,2472,341

2,0212,0231,9831,9261,8911,8441,7621,741, 730,7677845

,729,709,684,671,634,5986U

,6,691

67746°—261 6

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Page 81: Annual Report of the Comptroller of the Currency 1925

72 REPORT OF THE COMPTROLLER OF THE CURRENCY

Percentage of bills discounted secured by United Stales Government obligations tototal bills discounted and purchased by Federal reserve banks at the end of eachmonth, year ended October 31, 1925

[In thousands of dollars]

Date

Discountedbills securedby United

StatesGovernmentobligations

1924Nov. 29 - _ 112,694Dee. 31 ! 186,840

1925Jan. 31 - 169,539Feb. 28 263,107Mar. 31 - 207,594Apr. 30 - 233,921May 31 - 228.244June 30— 245,321July 31. 272, 258Aug. 31 308,990Sept. 30 316, 794Oct. 31 299,431

Totalholdings ofdiscountedand pur-

chased bills

555, sm701,228

624,891731,184710,757691,063739,233733,975713, 618789, 241901, 498963,076

Percentagej of discountedbills secured

by Gov-ernment

obligationsto total

holdings ofdiscountedand pur-

chased bills

20.326,0

27.138.029.233. 830.933.438.239.235.131.1

FEDERAL RESERVE BA3TK DISCOUNT RATES

The discount rates of each of the 12 Federal reserve banks, ineffect October 31,1925, with relation to each class of paper, are shownin the following statement:

Discount rates of Federal reserve banks in effect October SI, 1925

Federal reserve bank

Paper maturing—

Within 90 days

Commercial,agricultural,and livestockpaper, n. e. s.

Secured byUnited StatesGovernmentobligations

Bankers'acceptances

After 90 daysbut within 9

months

Agricultural»d * £ t kacceptances

!paper

BostonNewYork___.Philadelphia..ClevelandBichmondAtlantaChicagoSt. LouisMinneapolis.-Kansas City-DallasSan Francisco.

3*

444444

m

f44443,4

i Including bankers' acceptances drawn for an agricultural purpose and secured by warehouse re-ceipts, etc.

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Page 82: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CUEBEKCY 7 3

DISCOUNT BATES PEEVAXLIHG Iff FEBEKAL EESEEVE EA¥KA3TO BEAFCH CITIES

Customary rates charged on various classes of loans and discountsin the cities in which Federal reserve banks and their branches arelocated, as reported by representative banks to the Federal ReserveBoard, for weeks ended October 15, 1924, and September and October15, 1925, are shown in the following statement.

In publishing this information, the Federal Reserve Board calledattention to the fact that the rates given are not averages, but arethose at which the bulk of paper of each class, was handled by thereporting banks. In instances where reports did not indicate clearlythe rate covering the bulk of paper handled, a range of rates mostcommonly charged, was given.

Discount and interest rates prevailing in various cities during iveeks ended October15, 1924, and September and October 15, 1925

District and city

Customer's prime commercial paper

30-90 days

Oct.,1925

Sept.,1925

4-6 months

Oct., Oct.,1924 ! 1925

Sept.,1925

Oct.,1924

Interbank loans

Oct.,1925

Sept.,1925

Oct.,1924

Loans secured byLiberty bonds

Oct.,1925

Sept.,1925

Oct.,1924

1—Boston2^-New York

Buffalo..3—Philadelphia4—Cleveland

PittsburghCincinnati _.

5— RichmondBaltimore

6—AtlantaBirminghamJacksonvilleNew OrleansNashville _

7—ChicagoDetroit _ _

8—St. Louis-Louisville „Little Rock

9—MinneapolisHelena

10— Kansas CityOmaha _.DenverOklahoma City _

11—DallasEl PasoHouston

12—San FranciscoPortlandSeattleSpokaneSalt Lake CityLos Angeles

4 -54f-55 -6

554-6

66

5H*4J-5J5-6

66-85 -65f-64*-5

41-56

5-6

8556

5 -741-64$-85 -64*-646-7

65-75-6

6

4i-55 -64|-55*-65-65-85f--64*-6*5 -6

65-85 -S

«

5 -64*-4*

85

4 -66

5 -74i-644-85 -65~5^:

6-76

5 -75 -6

6

3 -55-64-4*5-65 -654-65 -5*4f-5i5 -65-83*-85 -6

64 -54§-63^5

5 -64-64f-66-74 -6

85 -64^5

66

5 -766

6-i 5

2 66

5 -644-545 -6

64 -85 -7

54*-5*

54-666

V7

5 -6

H4i~5

64*-55*-65 -65 -65 - 5 |4£545 -6

64*-85 -7

i 5

4^644-5

66

5 -544 -6 j

65-74*-64|-85-6

3J-66

4 -445 -85 -6

5 -66 -73|-75 -6

64*-6*4*-6

3 66

44-5*8

5 -644-6

4*6-74 -6

85-64J-5

66-6f6-74-66-7

4*-e*44-515 -65-65-65 -654-65 -54

6"5*5

54-664

6 -r

6-646 -75 -66-7

i5 -646-76 -7

44 -5

544;5

5 -65 -54

544-5!5 -65 -65 - 65-65f-6

52

5-545

54-66*

6 -36

5*-66 -f>6 - 75 -66-74*-65 -6

65 -66-76-7

6

4f4i

5 -64^-55 -6

66*

54-65

4|-66

4 -85 -6

315-6'

4f4-4 |5 -6

5 4*5 -65 -545 -6

544-6

64-85 -6

44-545 -65 -5

65 -6

4-55*-64-4*5-65-65-545-65-5*41-6

65-85-65 -64 i 4i444-65 -54

56

5-656

5 -65-67 -8

65-66 -7

66-76 -86-7

5 -65 -6

66 -75-67 -85-654-66 -7

66 -7

66-7

5-66

6-74-67-85-65-36-7

6&6

6-7

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Page 83: Annual Report of the Comptroller of the Currency 1925

74 REPORT OF THE COMPTROLLER OF THE CURRENCY

Discount and interest rates prevailing in various cities during weeks ended October15, 1924, and September and October 15, 1925—Continued

District and city

1—Boston2—New York - . -

Buffalo3—Philadelphia4—Cleveland -_ _- - ._

PittsburghCincinnati

5—Richmond _ _ _Baltimore

6—AtlantaBirminghamJacksonvilleNew OrleansNashville

7—ChicagoDetroit -..

8-^St LouisLouisvilleLittle Rock

9—M inneapolisHelena - .

10—Kansas CityOmahaDenverOklahoma City

11—DallasEl PasoHouston _-

12—San FranciscoPortlandSeattleSpokaneSalt Lake CityLos Angeles

Loans secured by stocks and bonds

Demand

Oct.,1925

544-55 -6

554-6

654

54-65 - 5 |5 -6

644-85 -654-644-5

4 -6

44-5

6

65 -67 -844-65 -66 -7

68

6 -76 -7

Sept.,1925

5

5*-644

54-65 -65 -5454-65 -545 -6

65-85 -664-644-55 -6

6

5 -64J-65 -66 -75 -6

85 -65 -66 -7

686

6 -7

Oct.,1924

3

5 -634-5

65 -6

545 -644-545 -6

66 -75 -654-64 -644-64 -54

66

44-54

5 -6

62-75 -7

85 -65 -66 -7

686

6 -7

Time

Oct.,1925

43-5

5 -65

54-6654

54-654-5f5 -7

6

5^-654-644-5

44-5

6

6

6-75 -66 -86 -6

66 -7

66 -86 -76 -7

Sept.,1925

44-5644

54-65 -6

1116

44-85 -6

4fcfi44-54

644-546 -8' 641-65 -66-85 -6

85 -65 -66 -7

67

6-7

Oct.,1924

4f

52-634-4

65 -654-65 -644-545 -66 -76-85 -654T644-55 -64-54

66 -744-6

85 -6

6-75 -8

85 -65 -66 -76 -7

75 -7

7

Loans secured bywarehouse receipts

Oct.,1925

44-565

54-666

54-66

5 -66

44-85 -654-644-5

3 62

6

5 -66

6 -76-75 -6

85 -6

66 -7

77 -8

77

Sept.,1925

644-5454-6

65 -7

546

5 -66

44-85 -654-65-65 -64-i-54

66

5 -66

6 -76-75 -8

85 -6

66 -7

76 -76 -76 -7

Oct.,1924

4 -56

44-654-6

66 -7

5|

5 -6*6

44-75 -75|-65-65 -6

6 -7

5 -66 -76 -86-85 -7

85 -6

66 -76 -7

777

Cattle los

Oct.,1925

5 -54

5-6

6

g6 -7

76 -76-87 -8

86 -8

6 -64

77-8

7

Sept.,1925

5-6

5-6

6

86 -754-76-86 -86 -8

87 -8

6 -64

6 -77-8

7

Oct.,1924

5 - 6

6

6 - 7Q

6-76-76-87-87 -88-106 -8

6

6-77 1 1

RATES FOR MONEY IN NEW YORK

The range of rates for various classes of paper in the New Yorkmoney market, in the year ended October 31, 1925, supplemented byinformation relative to the range of rates annually since 1916, isshown in the statements following furnished by the Financial andCommercial Chronicle.

The low point in the rate of call loans, was 2 per cent, the high pointwas 6, and the range during the month of October last, was from 4to 6 per cent. The high point for 60-day paper was 5 per cent, thelow point, 3)4, and the range during October was 4)^ to 5 per cent.The nigh point for double-name commercial paper was 4J^ per cent,the low point, 3J^, with rates during the month of October whichranged from 4}£ to 4y%.

The rates for sterling bills, 60-day, sight, and cable transfers,ranged from $4.50% in November, 1924, to $4.85 in October, 1925.

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Page 84: Annual Report of the Comptroller of the Currency 1925

REPORT OP THE COMPTROLLER OF THE CURRENCY

Rates for money in New York

75

Call loans, stock exchange:Range

Time loans:60 days90 days4 months5 months6 months

Commercial paper:Double names—

Choice,14 to 6 months.Single names—

Prime,14 to 6 months.Good, 4 to 6 months. . .

1924

Novem-ber

2 -4

Decem-ber

1925

January Febru-ary March April

1925—Continued

May June July August Septem- October

Call loans, stock exchange:Range

Time loans:60 days90 days4 months5 months6 months _

Commercial paper:Double n a m e s -

Choice,1 4 to 6 monthsSingle names—

Prime,1 4 to 6 months.Good, 4 to 6 months. _

4 -4M

I4- 4H

1 Rates for choice double and prime single names are identical.NOTE.—60 and 90 day paper nolonger quoted, aslittle or no paper of these short maturities is now being

made. As rates previously, however, for 60 to 90 day paper were identical with those for 4 to 6 monthspaper, present rates are properly comparable with previous rates, the standard for all recent years being4 to 6 months paper.

Rates for sterling bills

[Range for month]

60-day Sight Cable transfers

1924November _December

1925JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptember ,October

$4.50^-4.64.60%-4.7

$4.5334-4.63J>4. 63^-4. 73^

$4.53K-4.64i«4.63^-4.73J>

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Page 85: Annual Report of the Comptroller of the Currency 1925

Comparison of the range of rates for call loans, 60-day time loans, and two-name commercial paper loans in NewYork annually for 1916 to 1925 is shown in the statement following:

Range of rates for money in New York annually, 1916 to 1925

Call loansTime loans (60 days)Commerieal (2-name)...

1916

Rangefor

January

1343234-2^3 -3H

High

154k4H

LowRangefor De-cember

1917

forJanuary

High

10

LowRangefor De-cember

3 -6

1918

Rangefor

JanuaryHigh Low

Rangefor De-cember

1919

Rangefor

January

5 -55 -5

High Low

53^-256 - 7&K- 6

1920

Rangefor De-cember January

Rangefor

6-207- 8

High LowRangefor De-cember

7 ~Vwao

Call loansTime loans (60 days)Commercial (2-name)...

1921

Rangefor

January

6 -8a -iy27K-S

High

9

8

Low

3H55

Rangefor De-cember

434-65 -5}4

1922

Rangefor

January

3 -6

3^-4

High

6

if

Low

2M3 ^

Rangefor De-cember

3M-5M4^-54H-4^

1923

Rangefor

January

33^-5^4^-54>/2-4H

High

65M

Low

3K: 4K

Rangefor De-cember

434-64^-54M-S

1924

Rangefor

January

3^-64)4-54^-5

High

655

Low

22

Rangefor De-cember

234-52 -3M3M-3M

1925

Rangefor

January

2 -53/23 ^ - 3 ^3M-3%

High

6543^

Low

3K3M

Rangefor Oc-tober

4 -643/2-54M~4}^

HWO

w8

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Page 86: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTKOL*LEB OF THE CUBKEHCY 7 7

NEW YORK CLEAEJHG HOUSE

The number of banks comprising the New York Clearing HouseAssociation was reduced from 40 to 36, in the year ended September30, 1925, as disclosed by statistics furnished by Mr. W. J. Gilpin5manager of the New York Clearing House Association.

The capital of these banks was $326,350,000; the aggregate clear-ings in the year amounted to $276,873,935,000 and showed an increaseover the prior .year of $41,375,286,000. Aggregate balances amountedto $29,721,103,000; average daily clearings were $913,775,000, andthe average daily balances were $98,089,000. The percentage ofbalances to clearings was 10.73.

CLEARING HOUSE ASSOCIATION IH THE 12 FEDERAL RE-SERVE BAITK CITIES, AffD ELSEWHERE

The transactions of the clearing house associations in the 12Federal reserve bank cities in the year amounted to $404,498,906,000and exceeded the amount in the prior year by $53,803,053,000.

The total clearings of associations in 24 other principal cities, eachof which had clearings in excess of $1,000,000,000, amounted to$65,752,142,000, and showed an increase of $5,140,756,000.

The aggregate clearings of all associations reported amountedto $505,298,883,000, and exceeded the amount in the year endedSeptember 30, 1924, by $62,605,097,000.

The clearings of associations in the 12 Federal reserve bank cities,equaled 80.05 per cent of the total clearings of all associations in theUnited States, and the increase in the clearings during the year, ofthe associations in these cities, was 85.94 per cent of the total increase.

Tables showing the following information are published in theappendix of this report: Comparative statement of the New YorkClearing House, annually since 1854; comparative statement of thetransactions of the New York Clearing House in years ended Sep-tember 30, 1925 and 1924; exchanges, balances and percentages ofbalances to exchanges, etc., by the New York Clearing Houseannually since 1893; comparative statement of the exchanges ofclearing houses of the United States by cities, for years ended Sep-tember 30, 1925 and 1924; and comparative statement of transac-tions of clearing house associations in the 12 Federal reserve bankcities and elsewhere, in years ended September 30, 1925 and 1924.

BANKS OTHEE THAN NATIONAL

Due to the cooperation of officials of banking departments of theseveral States, the comptroller is enabled to present in this report, asrequired by section 333, Revised Statutes, statistics with respect toeach class of reporting banks other than national.

STATE (COMMERCIAL) BAHXS

The total resources of 16,983 State (commercial) banks amountedto $15,979,238,000 June 30, 1925, and showed an increase in the yearof $1,163,227,000, notwithstanding a reduction in the number ofreporting banks of 453.

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Page 87: Annual Report of the Comptroller of the Currency 1925

7 8 EEPORT OF THE COMPTKOLLEB OF THE CURBENCY

Loans and discounts were $9,282,839,000, an increase in the yearof $416,871,000; overdrafts were reduced $4,270,000, and invest-ments in United States Government securities and other miscella-neous bonds and securities aggregated $3,052,172,000 and showed anincrease of $334,017,000.

Banking house, furniture, and fixtures, showed an increase in theyear of $29,645,000, and other real estate owned was increased$23,494,000.

Balances due from correspondent banks and bankers, includinglawful reserve with Federal reserve banks, amounted to $1,851,068,000and showed an increase of $212,183,000; checks and other cash itemswere increased $50,222,000; exchanges for clearing house showed anincrease of $43,377,000, and cash on hand, an increase of $11,319,000.Other resources showed an increase of $46,369,000.

The capital stock of these banks was $1,062,264,000, an increaseof $645,000; surplus funds amounted to $644,420,000, an increase of$41,634,000, and undivided profits were $226,988,000, and showed anincrease of $18,232,000.

Aggregate deposit liabilities were $13,402,017,000, an increase inthe year of $1,089,304,000. The increase in individual deposits(demand and time), was $927,520,000; in deposits to the credit ofcorrespondent banks, $140,120,000; in certified checks and cashiers'checks outstanding, $12,628,000 and in United States deposits $9,-036,000.

Paper rediscounted with Federal reserve banks and elsewhereamounted to $59,124,000 and showed a reduction in the year of$46,353,000, and other obligations for money borrowed, representedby bills payable, totaled $244,782,000 and showed an increase of$11,853,000. Other liabilities were increased to the extent of$47,912,000*.

A summary of the resources and liabilities of State (commercial)banks, on the date indicated, follows:

Summary of'reports of condition of 16,983 State (commercial) banks in the UnitedStates and island possessions at the close of business June SO, 1925

[In thousands of dollars]

RESOURCES

Loans and discounts (including rediscounts):On demand (secured by collateral other than real

estate) 284,743On demand (not secured by collateral) . 84, 693On time (secured by collateral other than real

estate) 303, 840On time (not secured by collateral) 586, 475Secured by farm land 165, 496Secured by other real estate 152, 243Not classified 7, 705, 349

Total - 9, 282, 839Overdrafts _ 35,819Investments (including premiums on bonds):

United States Government securities 525, 233State, county, and municipal bonds 221, 495Railroad bonds 68, 589Bonds of other public service corporations (including

street and interruban railway bonds) 145, 055Other bonds, stocks, warrants, etc 2, 091, 800

Total 3, 052, 172Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 88: Annual Report of the Comptroller of the Currency 1925

BEPOBT OF THE COMPTROLLER OF THE CURRENCY 79

Banking house (including furniture and fixtures) 430, 278Other real estate owned 144, 660Due from banks 1, 243, 607Lawful reserve with Federal reserve bank or other reserve agents__ 607, 461Checks and other cash items 323, 365Exchanges for clearing house 198, 869Cash on hand:

Gold coin 13, 244Silver coin 15, 511Paper currency 167, 794Nickels and cents 1, 122Not classified 160, 289

Total 357, 960

Other resources 302, 208

Total resources 15, 979, 238

LIABILITIES

Capital stock paid in 1, 062, 264Surplus 644,420Undivided profits (less expenses and taxes paid) 226, 988Due to all banks.-.. „ 606, 493Certified checks and cashiers7 checks . 95, 845Individual deposits (including dividends unpaid and postal savings):

Demand deposits—Individual deposits subject to check 4, 447, 178Demand certificates of deposit 342, 678Dividends unpaid 9, 952

Time deposits—Savings deposits, or deposits in interest or

savings department 2, 946, 336Time certificates of deposit 1, 264, 818Postal savings deposits 4, 807

Not classified 3, 666, 984Total . 12, 682, 753

United States deposits (exclusive of postal savings) 16, 926Notes and bills rediscounted 59, 124Bills payable (including advances received from War Finance Cor-

poration and certificates of deposit representing money borrowed) _ 244, 782Other liabilities. _ ._ 339, 643

Total liabilities 15, 979, 238

LOAN AND TRUST COMPANIES

The returns from 1,680 loan and trust companies June 30; 1925,with total resources of $11,565,549,000, showed an increase of 16companies and an increase in resources of $1,241,772,000, since June,1924.

Loans and discounts of $6,122,785,000 showed an increase of$828,965,000; overdrafts were reduced $1,474,000 and investmentsin bonds and securities amounting to $2,801,346,000 showed anincrease of $52,921,000.

Banking houses, furniture, and fixtures were valued at $11,459,000more than a year ago, and holdings of other real estate were increased$5,353,000.

Balances due from correspondent banks* and bankers, includinglawful reserve with Federal reserve banks, amounted to $1,249,093,-000 and showed an increase of $175,119,000; checks and other cashitems were increased $21,866,000; exchanges for clearing house

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80 BEPOBT OF THE COMPTROLLER OF THE CURRENCY

$4,112,000 and cash on hand $13,743,000. Other resources showedan increase of $129,708,000.

Capital stock was $643,451,000 and showed an increase of $22,436,-000; surplus funds were increased $50,944,000, and undivided profitsincreased $18,088,000.

Balances due to correspondent banks totaled $871,720,000 andshowed an increase of $233,372,000; certified checks and cashiers'checks were increased $11,034,000; individual deposits (demand andtime) were $8,536,860,000, an increase of $751,529,000, and UnitedStates deposits were reduced $1,041,000. The net increase in depositliabilities was $994,894,000.

Liabilities incident to the rediscount of paper with Federal reservebanks and elsewhere were $34,244,000, and showed an increase of$12,162,000; bills payable amounted to $95,787,000, an increase of$18,211,000. Other liabilities increased $125,037,000.

The resources and liabilities of loan and trust companies., June 30r1925, are shown in the following statement:

Summary of reports of condition of lT6S0 loan and trust companies in the UnitedStates at-the close of business June SOr 1925

[In thousands of dollars]

Loans and discounts (including rediscounts):On demand (secured by collateral other than real

estate)-. ;- - 683, 943On demand (not secured by collateral) - 167, 806On time (secured by collateral other than real

estate) 294, 197On time (not secured by collateral) 793, 457Secured by farm land 18, 353Secured by other real estate 681, 177Not classified _ 3, 483, 852

Total &, 122, 7MOverdrafts _ 3, 722Investments (including premiums on bonds):

United States Government securities 349, 144State, county, and municipal bonds 88, 314Railroad bonds 291, 901Bonds of other public service corporations (in-

cluding street and interurban railway bonds) _ _ 181, 989Other bonds, stocks, warrants, etc. _ 1, 889, 998

Total 2,801,346Banking house (including furniture and fixtures) 248, 221Other real estate owned 46, 776Due from banks 499, 984Lawful reserve with Federal reserve bank or other reserve agents. _ 749, 109Checks and other cash items ^ 467, 969Exchanges for clearing house «.--- --_ 35, 017Cash on hand:

Gold coin 4, 225Silver coin 5, 566Paper currency 94f 815Nickels and cents 735Not classified. . __ 54, 764

Total _--_- 160, 105Other resources _-> 430, 515

Total resources _ - 11, 565, 549Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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ftEPOBT OF THE COMPTROLLER OF THE CURRENCY 81

LIABILITIES

Capital stock paid in „ _. 64S> 451Surplus _ 723, .209Undivided profits (less expenses and taxes paid) . 159; 03#Due to all banks 871, 720Certified checks and cashiers' checks 41, 307Individual deposits (including dividends unpaid and

postal savings):Demand deposits-—

Individual deposits subject to check 2, 615, 515Demand certificates of deposit 65, 774Dividends unpaid 6, 470

Time deposits—Savings deposits, or deposits in interest or sav-

ings department 1, 659, 180Time certificates of deposit 176, 547Postal savings deposits 5, 18©

Not classified 4, 008, 188

Total . 8, 536 r86!United States deposits (exclusive of postal savings) 15, 741

Notes and bills rediscounted 34, 244Bills payable (including, advances received from. War Finance

Corporation and certificates of deposit representing moneyborrowed) - 1 95, 787

Other liabilities 444, 194

Total liabilities 11, 565, 54t

PRINCIPAL ITEMS OF RESOURCES AND LIABILITIES OF LOAHAND TRUST COMPANIES IN JUNE OF EACH YEAR, 1914 TO 1925

The principal items of resources and liabilities of loan and trustcompanies for years ended June 30, 1914 to 1925, inclusive,,shown in the statement following:

[In millions of dollars]

Year I Number

I1914.1&1S.1918.1U7.1918.1919.1920.1921.1922.1923.1924.3925.

1,5641,6641,6061,6081,6691,3771,4081,4741,5501,6431,6641,680

Loans *

2, 905. 73,048. 63, 704. 34,311. 74,403. 84,091. 04, 601. 54, 277,14,345. 45,064.1o, 239. 06,126. &

Invest-ments

1,261.31,349. 61,605. 41, 789. 72,115.62,069. 91,902.11,942.62, 311.12,423. 82, 748. 42,801.3

Capital

462.2476.84-75.8505.5525.2450. 4475.7515. 5532.3591.4621. 0843,4

Surplusind profits

564.4577.4605.5641.8646. #588. 6.612.1649. 5680.2739.9813. 28S2.2

Totaldeposits

4, 289.14, 604. 05, 732. 46,413.16,493. 36,157.26, 518. 06,175. 06,861. 26,831. 07, 785. 39,465. 6

Aggregafct jresources J

5, 48§. S5,873. I '7,028. 27,8m 88,317. 4!\7, 959. 98v 320.9 .8,181.§8, 533. 89, 499. 2

10,323. 811,565.8

1 Includes overdrafts.

STOCK SAVINGS BASTES

The returns from 972 stock savings banks, June 30, 1925, showedtotal resources of $2,093,125,000. The increase in resources in theyear was $169,741,000 and the reduction in the number of bankswas 18. - «

Loans and discounts of $1,364,721,000, showed an increase of$62,611,000; overdrafts exceeded the amount a year ago by $90,000,!and investments in United States Government and other bonds and]

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8 2 KEPORT OF THE COMPTROLLER OF THE CLTRRENCY

securities amounted to $429,834,000, being $62,591,000 greater thanon June 30, 1924.

Banking houses, furniture, and fixtures showed an increase of$038,000 and other real estate owned an increase of $4,459,000.

Balances due from correspondent banks and bankers showed anincrease of $21,109,000; checks and other cash items, an increase of$2,128,000; exchanges for clearing house, a reduction of $388,000and cash on hand, an increase of $312,000. Resources other thanthose enumerated showed an increase of $15,291,000.

The paid-in capital stock of these banks amounted to $83,758,000,a reduction of $2,629,000; surplus funds of $44,893,000 showed anincrease of $563,000 and undivided profits of $21,487,000 an increaseof $2,444,000.

Individual deposits, which constitute the major deposit liabilitiesof these banks, amounted to $1,918,230,000, and showed an increaseof $171,621,000. The total of all other deposit liabilities was$8,106,000, the increase being $2,013,000.

Liabilities for money borrowed totaled $8,773,000, and showeda reduction of $6,399,000. Other liabilities showed an increase of$2,128,000.

Summary of the resources and liabilities of these banks follows:

Summary of reports of condition of 972 stock savings banks in the United Statesat the close of business June 80, 1926

In thousands of dollars]

RESOURCES

Loans and discounts (including rediscounts):On demand (secured by collateral other than real

estate) 7,063On demand (not secured by collateral) 1, 156On time (secured by collateral other than real estate) - 8, 191On time (not secured by collateral) 14, 119Secured by farm land 4, 717Secured by other real estate 32, 857Not classified 1, 296, 618

Total 1,364,721Overdrafts - 536Investments (including premiums on bonds):

United States Government securities 161, 532State, county, and municipal bonds 5,246Railroad bonds 11, 567Bonds of other public service corporations (including

street and interurban railway bonds) 7, 529Other bonds, stocks, warrants, etc 243, 960

Total 429,834Banking house (including furniture and fixtures) 56, 148Other real estate owned 21, 535Due from banks . 123, 867Lawful reserve with Federal reserve bank or other reserve agents 32, 137Checks and other cash items 11, 051Exchanges for clearing house 4, 368

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Page 92: Annual Report of the Comptroller of the Currency 1925

&EPORT OF THE OOMPTKOLIiEB OF THE CURRENCY 8 3

Gash on hand:Gold coin. 3, 054Silver coin-.... , 13Paper currency 1, 196Nickels and cents 64Not classified...' 25, 098

Total 29,425

Other resources 19, 503

Total resources 2, 093, 125

LIABILITIES

Capital stock paid in * 83, 758Surplus- 44,893Undivided profits (less expenses and taxes paid) 21, 487Due to all banks 958Certified checks and cashiers' checks 696Individual deposits (including dividends unpaid and postal

savings):Demand deposits—

Individual deposits subject to check 17, 101Demand certificates of deposit 646Dividends unpaid 74

Time deposits-—Savings deposits, or deposits in interest or savings

department 1, 784, 668Time certificates of deposit 5, 846Postal savings deposits , 143

Not classified . . 109, 752Total . „„ _- . 1, 918, 230

United States deposits (exclusive of postal savings) 6, 452Notes and bills rediscounted „ 41Bills payable (including advances received from War Finance Cor-

poration and certificates of deposit representing money borrowed) - 8, 732Other liabilities.-_ - 7, 878

Total liabilities , . . . - 2,093,125

MUTUAL SAVINGS BAHKS

The aggregate resources of 611 mutual savings banks June 30,1925, amounted to $7,913,039,000, an increase since June 30, 1924, of$548,383,000. Investments in United States bonds and othersecurities amounted to $3,351,162,000, an increase of $133,619,000in the year;

Banking houses, furniture, and fixtures showed an increase in valueof $9,969,000, and other real estate owned, an increase of $538,000.

Balances due from correspondent banks and bankers amounted to$201,797,000, showing a reduction of $6,750,000; checks and othercash items showed an increase of $114,000; exchanges for clearinghouse, a reduction of $273,000 while cash on hand to the amount of$40,359,000, showed an increase of $62,000. Other resourcesamounted to $53,230,000, and exceeded the amount a year ago by$3,781,000.

The surplus funds of these banks aggregated $833,176,000, showingan increase in the year of $74,390,000, and undivided profits of$116,523,000, an increase of $16,669,000.

Total deposit liabilities amounted to $7,151,803,000, and exceededthe amount June 30, 1924, by $458,408,000. Of these liabilities

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8 4 REPOBT OF THE COMPTROLLER OF THE CURRENCY

Individual deposits of $7,146,951,000 showed an increase of $453-,-705,000; balances due to banks, an increase of $4,134,000 and certifiedchecks and cashiers checks, an increase of $569,000.

Bills payable amounted to $518,000, exceeding the amount a yearago by $270,000, and other liabilities of $11,019,000; showed a reduc-tion of $1,354,000.

Summary, of reports of condition of 611 mutual savings banks in the United Statesat the close of business June 80, 1925

[In thousands of dollars]

RESOURCES

Loans and discounts (including rediscounts):On demand (secured by collateral other than real

estate) 4,39*On time (secured by collateral other than real

estate) ' 7,241On time (not secured by collateral) 6,* 998Secured by farm land 52$Secured by other real estate 349, 405Not classified _ - 3, 814, 508

Total. -_. 4,183,071Investments (Including premiums on bonds):

United States Government securities 603, 750State, county, and municipal bonds_. .__ 156, 48SRailroad bonds - 634, 512Bonds of other public service corporations (includ-

ing street and interurban railway bonds) 233, 56&Other bonds, stocks, warrants, etc 1, 722, 844

Total 3, 351, 162Banking house (including, furniture and fixtures) 76, 290Other real estate owned 6r 017Due from banks 201, 797Checks- and other cash items . 901Exchanges for clearing house 212Cash on hand:

Gold coin 994Silver coin 6SPaper currency 3, 874Nickels- and cents 15Not classified - 35, 406

Total - . 40,359Other resources _ - - _ r 53, 230

Total resources > 7, 913,039

LIABILITIESSurplus . 633,176Undivided profits (less expenses and taxes paid) 116, 523Due to all banks 4, 265Certified cheeks an4 cashiers' checks,—»•- . . . - . • - - .« . . . . . . . • . ,- 587

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Page 94: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY 85

Individual deposits (including dividends unpaid andpostal savings):

Demand deposits—Individual deposits subject to check 7, 096

Time deposits-—Savings deposits, or deposits in interest or sav-

ings department 7, 139, 110Time certificates of deposit 400

Not classified 345

Total-.-. ---- 7, 146, 951Bills payable (including advances received from War Finance Corpora-

tion and certificates of deposit representing money borrowed) 518Other liabilities 11,019

Total liabilities 7,913,039

DEPOSITOES AND DEPOSITS IB" MUTUAL AJTD STOCK SAV-IFGS BAffKS

The total individual deposits in mutual and stock sayings banksJune 30, 1925, were $9,065,181,000 and exceeded the amount inJune, 1924, by $625,326,000. The number of depositors was14,539,947, or 568,154 more than a year ago. The average amountdue each depositor in the mutual savings banks was $673.21, com-pared with $642.98 in June, 1924, and the average amoiant due eachdepositor in the stock savings banks was $488.88, compared with$490.34 a year ago.

Statements showing information relative to the number of mutualand stock savings banks in each State, the number of depositors, theamount of deposits, the average amount due each depositor, and theper cent rates of interest paid by banks in each State, June 30, 1924and 1925, with related data for each year, from 1914 to 1925, follow:

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Page 95: Annual Report of the Comptroller of the Currency 1925

Number of mutual savings banks, number of depositors, individual deposits, and average deposit account, by States, June 80, 1924 and 1925

States

Maine__ _ _New HampshireVermont __ _ _Massachusetts __ .Rhode IslandConnecticut

Total New England States

NewYork__New Jersey.- ,Pennsylvania _Delaware._Maryland . .

Total Eastern States. —

OhioIndianaWisconsin >. .Minnesota..

Total Middle Western States. _

Washington ._California

Total Pacific States

Total United States

1924

Numberof banks

374219

196U4

78

386

1482792

17

203

3567

21

21

3

613

Depositors

231,844237,541125,987

2,784, 227212,945796,586

4,389,130

4,311,954396,180527, 73544,715

295,885

5, 576,469

97,85933, 24114, 757

145,884

291, 741

83,68468,752

152,436

10,409, 776

Deposits

$107,470,000135,665,00078,758,000

1,509,775,000140,305,000480,728,000

2,452,701,000

3,372,854,000206,405, OOO337,588,000

21,054,000146,785,000

3,985,686,000

71,891,00018,072,0005,234,000

55,363,000

150,560,000

29,054,00075,245,000

104,299,000

6, 693, 246,000

Averagedue eachdepositor

$463.54571.12625.13542. 26658.88603.49

558.81

759. 25520.99639. 69470.85496.09

714. 73

734.64543. 67354. 68379. 50

516.06

347.191, 094. 44

684.21

642.98

Per centrate of in-

.terest paid

4.004.074.454.584.174.37

4.163.923.934.004.00

3.814.254.004.00

5.004.00

1925

Numberof banks

1384219

1962 14

76

385

1472792

16

201

3575

20

41

5

611

Depositors

231,977240,089127,264

2,822,571221,301

» 811,550

4,454, 752

4,476,950421,534505,15745,343

305,550

5, 754, 534

97,83033,38715,675

131,194

278,086

60,86667,977

128,843

10,616,215

Deposits

$108,715,000141,092,00084,047,000

1,608,380,000146,491,000505,394,000

2,594,119,000

3,531,458,000218,605,000356,197,000

21,804,000154,156,000

4,282,220,000

77,346,00019,524,0005,764,000

56,985,000

159,619,000

35,099,00075,894,000

110,993,000

7,146,951,000

Averagedue eachdepositor

$468.65587.67660.41569.83661.95622. 75

582. 33

788.81518. 59705.12480.87504.52

744.15

790.62584.78367. 72434.36

573. 99

576. 661,116. 47

861. 46

673. 21

Per centrate of in-terest paid

4.004.134.434.584.174.40

4.113.933.844.004.00

4.004.503.754.25

5.004.00

1 Information as of June 27. 8 Includes business of branches. «Sept. 30,1924.

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Page 96: Annual Report of the Comptroller of the Currency 1925

Number of stock savings banks, number of depositors, individual deposits, and average deposit account, by States, June 30y 1924 1925

States^

New Hampshire. . . _

New JerseyPennsylvania.. . . . . .District of Columbia

Total Eastern States _

Florida

Michigan.MinnesotaIowa.. ._ _„ __

Total Middle Western States

NebraskaWyomingNew Mexico

Total Western States...

Oregon.. _California.. .UtahNevada .Arizona _

Total Pacific States ._ _

Total United States

1924

Numberof banks

11

11

25

27

2

4v. 2

855861

21

3

596 69

3

5

86

990

Depositors

36,577

45,4194,235

105,442

155,096

2 2,550

21,03520,296

2 983,400

1, 024, 731

1,9561,202

3,158

17,9002, 237,781

68,426

15,798

2,339,905

3,562,017

Deposits

$16,922,000

21,958,0002, 086,000

29,505,000

53, 549,000

1, 333,000

12, 577,00011,364,000

386, 787, 000

410, 728,000

1,271, 000255,000

1, 526,000

8,982,0001, 228,356,000

19,129,000

6,084,000

1,262, 551,000

1, 746, 609,000

Averagedue eachdepositor

$462. 64

483. 45492. 56279. 82

345. 26

522. 75

597. 91559.91393. 32

400.82

649. 80212.15

483. 22

501. 79548. 92279. 56

385.11

539. 57

490. 34

Per centrate of in-terest paid

4.00

3.503.003.00

4.00

3.753.794.00

4.004.00

4.004.003.81

4.00

1925

Numberof banks

11

11

24

26

3

42

3 825

831

15

15

66 71

315

86

972

Depositors

37,069

43, 0274,139

100, 609

147. 775

5,220

19, 8684,042

* 1,327, 000

1, 350,910

15, 856

Deposits

$17,627,000

22,909,0002,146, 000

32,848, 000

57,903,000

1, 713,000

14, 463. 00011,949, 000

385, 500, 000

411,912, 000

4, 348,000

15,856

12, 6662,378, 082

56,4023,400

16,352

2,466,902

3,923, 732

4,348, 000

4,621, 0001, 389,393, 000

20, 247, 0003, 754, 0006, 712, 000

1,424, 727, 000

1,918, 230, 000

Averagedue eachdepositor

$475. 52

532.43518. 48326. 49

391. 83

328.16

727. 952,956. 21

290. 50

304.91

274. 22

274. 22

364. 83584. 25358.98

1,104.12410. 47

577. 54

488. 88

Per centrate of in-terest paid

4.00

4.003.003.30

4.00

3.754,254.00

4.00

3.504.004.004.004.00

1 No separate returns received from stock savings banks in any other States.2 Estimated.8 Information as of May 1.

* Estimated by superintendent of banks.8 Includes trust companies.6 Includes savings business of departmental banks.

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88 BEPOBT OF THE COMPTUOLIiER OF THE

Number of savings banks (mutual and stock) in the United States, number of de-positors, amount of individual deposits, and average amount due each depositorin years ended June 80, 1914, to 1925, inclusive.

Year Banks Depositors Deposits *Averagedue eachdepositor

1914—Mutual savings banks..Stock savings banks

1915—Mutual savings banks..Stock savings banks

1916—Mutual savings banks..Stock savings banks

1917—Mutual savings banks,.Stock savings banks

1918—Mutual savings banks.Stock savings banks

1919—Mutual savings banks.Stock savings banks

1920—Mutual savings banks.Stock savings banks

1921—Mutual savings banks.Stock savings banks

1922—Mutual savings banks.Stock savings banks

1923—Mutual savings banks.Stock savings banks

1924—Mutual savings banks.Stock savings banks

1925—Mutual savings banks.Stock savings banks... .

1,466630

1,529622

1,242622

1,185625

1,194622

1,097620

1,087623978619

1,066618

1,029613990611972

8,277,3592,832,1408,307,7872,977,9688,592,2712,556,1218,935,0552,431,9589,011,464

2,486,0739,445, 3271,982, 2299,619, 2601,118, 5839,655,8612,883,13610,057,4363, 282, 89710,409,7763,562,01710, 616,2153,923, 732

$3,915,555,2861,018,330,0713,950,585,6311,046,096,9174,187,916,941901,936,188

4,422, 489,344996,165,031

4,422,092,9911,049, 694, 8904,751,300,0001,152,127,0005,186,952,0001,351,242,0005,575,147,000442, 851,000

5,779,506,0001,401, 742,0006,288,551,0001,609, 358,0006,693, 246,0001,746, 609,0007,146, 951,0001,918, 230,000

$473.04359.56475.53351.28487.40352.85494.96409.61490.72443.27530.94463.43549.16681.68579,58395.90598.55486.19625.26490.22642.98490.34673.21488.88

i Dividends unpaid included.

PRIVATE BANKS

Private banks in the States of Texas, Michigan, and Iowa, arenot subject to State supervision, and incomplete returns from theseStates account for a reduction in the number of such banks reportingin the year ended June 30, 1925, of 37. The total resources of 523private banks, June 30, 1925, were $155,223,000, an increase in theyear of $4,280,000.

Loans and discounts amounted to $79,667,000, an increase of$4,151,000; overdrafts showed an increase of $302,000, and invest-ments in bonds and securities, amounting to $35,155,000, showed anincrease of $104,000; banking houses, furniture, and fixtures, werevalued at $4,895,000, or $118,000 in excess of the amount a year ago,and other real estate owned showed an increase of $655,000.

Balances due from correspondent banks and bankers amounted to$22,645,000, and declined $1,354,000 in the year; checks and othercash items increased $206,000; exchanges for clearing house increased$45,000, and cash on hand was reduced $36,000. Other resourcesshowed an increase of $89,000.

Capital of $10,803,000, showed a reduction of $368,000 and surplusand undivided profits of $10,402,000, showed an increase of $315,000.

Individual deposits (demand and time), amounted to $126,236,000,and exceeded the amount June 30, 1924, by $5,717,000; balances dueto banks of $1,073,000 showed a reduction of $409,000, and otherdeposit liabilities, a reduction of $20,000. The net increase indeposit liabilities in the year, was $5,288,000.

Liabilities for money borrowed showed a reduction of $803,000, andother liabilities, a reduction of $152,000.

Summary of the resources and liabilities of these banks follows:

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REPORT OF THE COMPTROLLER OF THE CURRENCY 8 9

Summary of reports of condition of 528 private banks in the United States at theclose of business June 80, 1925

[In thousands of dollars]

RESOURCES

Loans and discounts (including rediscounts):On demand (secured by collateral other than real estate) __ 1, 187On demand (not secured by collateral) 993On time (secured by collateral other than real estate) 5, 482On time (not secured by collateral) 7, 355Secured by farm land 4, 113Secured by other real estate 1, 656Not classified 58, 881

Total 79,667Overdrafts 830Investments (including premiums on bonds):

United States Government securities 5, 736State, county, and municipal bonds „ 967Railroad bonds 440Bonds of other public service corporation (including street

and interurban railway bonds) 560Other bonds, stocks, warrants, etc 27, 452

Total „ 35,155Banking house (including furniture and fixtures) 4,895Other real estate owned 5, 307Due from banks 19, 306Lawful reserve with Federal reserve bank or other reserve agents 3, 339Checks and other cash items, 647Exchanges for clearing house 200Cash on hand:

Gold coin 238Silver coin 175Paper currency 2, 241Nickels and cents 29Not classified... 1, 149

Total 3,832

Other resources 2, 045

Total resources 155,223

LIABILITIESCapital stock paid in _• 10, 803Surplus . 8, 708Undivided profits (less expenses and taxes paid) 1, 694Due to all banks 1, 073Certified checks and cashiers' checks 170Individual deposits (including dividends unpaid and postal savings):

Demand deposits—Individual deposits subject to check 42, 636Demand certificates of deposit 12, 912Dividends unpaid. 15

Time deposits—Savings deposits, or deposits in interest or savings de-

partment 12, 681Time certificates of deposit 21, 724

Not classified 36, 268Total 126, 236

Notes and bills rediscounted 616Bills payable (including advances received from War Finance Corpora-

tion and certificates of deposit representing money borrowed) 2, 451Other liabilities 3,472

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9 0 REPORT OF THE COMPTROLLER OF THE CURRENCY

ALL REPOBTIffG BANKS OTHER THAN NATIONAL

The combined resources of 20,769 reporting banks, other than na-tional, June 30, 1925, amounted to $37,706,174,000, and exceeded thereported amount, June 30, 1924, by $3,127,403,000.

Loans and discounts aggregated $21,033,083,000, and were $1,719,-923,000 greater than a year ago; overdrafts of $40,907,000 showed areduction of $5,352,000, and investments in bonds and securitiesof $9,669,669,000 showed an increase of $583,252,000.

Banking houses, furniture, and fixtures valued at $815,832,000showed an increase of $52,729,000. Other real estate owned amountedto $224,295,000, an increase of $34,497,000.

Balances due from correspondent banks and bankers, includinglawful reserve with Federal reserve banks of member State banks andtrust companies, aggregated $3,480,607,000, an increase in the yearof $400,307,000. Checks and other cash items showed an increase of$74,536,000; exchanges for clearing house, an increase of $46,873,000;and cash on hand, an increase of $25,400,000. Other resources to-taled $807,501,000 and exceeded the amount June 30, 1924, by$195,238,000.

The combined paid-in capital was $1,800,276,000, or $20,084,000more than a year ago; surplus funds of $2,054,406,000 showed anincrease of $167,625,000; and undivided profits of $525,728,000, anincrease of $55,654,000.

Deposit liabilities aggregated $32,073,263,000, and were $2,721,528,-000 more than in June, 1924. All deposit liabilities showed increases.The increase in bank balances was $377,218,000; in certified checksand cashiers' checks $24,083,000. The increase in individual de-posits was $2,310,092,000; and in United States deposits $10,135,000.

Liabilities incident to paper rediscounted amounted to $94,025,000and showed a reduction in the year of $34,477,000, and bills payableof $352,270,000 showed an increase of $23,418,000. Other liabilitiesof $806,206,000 showed an increase of $173,571,000.

Summary of the resources and liabilities of these banks follows:

Summary of reports of condition of 20,769 State, savings, private banks, and loanand trust companies in the United States, Alaska, and insular possessions at theclose of business, June SO, 1925

[In thousands of dollars]

RESOURCES

Loans and discounts (including rediscounts):On demand (secured by collateral other than real

estate) 981,335On demand (not secured by collateral) 254, 648On time (secured by collateral other than real

estate) . 618,951On time (not secured by collateral) 1, 408, 404Secured by farm land 193, 199Secured by other real estate 1, 217, 338Not classified 16, 359, 208

Total 21, 033, 083Overdrafts - 40,907

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REPORT OF THE COMPTROLLER OF THE CURBENCY 9 1

Investments (including premiums on bonds):United States Government securities 1, 645, 395State, county, and municipal bonds 472, 510Railroad bonds 1, 007, 009Bonds of other public service corporation (including

street and interurban railway bonds) 568, 701Other bonds, stocks, warrants, etc 5, 976, 054

Total 9, 669, 669Banking house (including furniture and fixtures) . 815, 832Other real estate owned 224, 295Due from'banks 2, 088, 561Lawful reserve with Federal reserve bank or other reserve agents 1, 392, 046Checks and other cash items 803, 933Exchanges for clearing house 238, 666Cash on hand:

Gold coin 21, 757Silver coin 21, 333Paper currency 269,920Nickels and cents 1, 965Not classified 276, 706

Total 591,681

Other resources 807, 501

Total resources 37, 706, 174

LIABILITIES

Capital stock paid in 1, 800, 276Surplus 2,054,406Undivided profits (less expenses and taxes paid) 525, 728Due to all banks 1, 484, 509Certified checks and cashiers' checks 138, 605Individual deposits (including dividends unpaid and

postal savings):Demand deposits—

Individual deposits subject to check 7, 129, 526Demand certificates of deposit 422, 010Dividends unpaid 16, 511

Time deposits—Savings deposits, or deposits in interest or

savings department 13, 541, 975Time certificates of deposit 1, 469, 335Postal savings deposits 10, 136

Not classified 7, 821, 537Total 30, 411, 030

United States deposits (exclusive of postal savings) 39, 119Notes and bills rediscounted 94, 025Bills payable (including advances received from War Finance Cor-

poration and certificates of deposit representing money borrowed) _ 352, 270Other liabilities _ 806,200

Total liabilities 37, 706, 174

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92 REPORT OF THE COMPTROLLER OF THE CURRENCY

The resources and liabilities of each class of reporting banks, June30, 1925, are shown in the following statement:

Resources and liabilities of 20,769 State {commercial) banks, loan and trust com-panies, savings and private banks, June 30, 1925

[In thousands of dollars]

16,983State (com-

mercial)banks

1,680 loanand trustcompanies

611mutualsavingsbanks

972 stocksavingsbanks

523privatebanks

20,769total

banks

RESOURCES

Loans and discounts _.OverdraftsInvestments (including pre-

miums on bonds).-Banking house (including fur-

niture and fixtures)Other real estate ownedDue from banksLawful reserve with Federal re-

serve bank or other reserveagents _.

Checks and other cash itemsExchanges for clearing houseCash on hand _.Other resources

Total resources.. _

LIABILITIES

Capital stock paid inSurplus _Undivided profits (less expenses

and taxes paid) _...Due to all banksCertified checks and cashiers'

checksIndividual deposits (including

dividends unpaid and postalsavings) _

United States deposits (exclu-sive of postal savings)

Notes and bills rediscountedBills payable (including ad-

vances received from War Fi-nance Corporation and certifi-cates of deposit representingmoney borrowed)

Other liabilities

Total liabilities

9,282,83935,819

3,052,172

430, 278144, 660

1, 243, 607

607,461323,365198, 869357, 960302, 208

6,122, 7853,722

2,801,346

248, 22146, 776499,984

749,109467, 96935, 017160,105430, 515

4,183,071

3,351,162

76,2906,017

201,797

901212

40,35953,230

1,364, 721536

429,834

56,14821, 535123, 867

32,13711,0514,36829,42519, 503

79,667830

35,155

4,8955,30719,306

3,339647200

3,8322,045

15,979, 238 11, 565, 549 7,913,039 2,093,125 155,223

1,062,264644,420

226, 988606,493

95,845

12, 682, 753

16,92659,124

244, 782339,643

643,451723, 209

159,036871, 720

41,307

8, 536,860

15, 74134,244

95, 787444,194

633,176

116, 5234,265

7,146,951

51811,019

83,75844,893

21,487958

1,918,230

6,45241

8,7327,878

10, 8038,708

1,6941,073

170

126,236

15,979,238 11, 565,549 7,913,039 2,093,125

616

2,4513,472

21,033,08340,907

9, 669, 669

815,832224, 295

2,088, 561

1,392,046803, 933238, 666591, 681807, 501

37, 706,174

1, 800, 2762, 054,406

525,7281,484,509

138, 605

30, 411,030

39,11994,025

352, 270806,206

155,223 37,706,174

PRINCIPAL ITEMS OF RESOURCES AND LIABILITIES OF ALLREPORTING BANKS OTHER THAN NATIONAL, ON OR ABOUTJUNE 30, 1920-1925

The principal items of resources and liabilities of reporting banksother than national, for years ended on or about June 30, 1920, to1925, are shown in the statement following:

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REPORT OP THE COMPTROLLER OF THE CURRENCY 93

Consolidated returns from State (commercial), savings, private banks, and loan andtrust companies

[In thousands of dollars]

Items

Loans 1_._InvestmentsCash _Capital —Surplus and undivided profits.Deposits (individual)Resources

1920

17, 263, 7967, 201, 060

626, 0271,478, 4731, 853, 435

23, 609, 79829, 667, 855

1921

16, 761, 0887, 356, 842

572, 2181, 630, 0811, 930, 364

22, 438, 94129,153, 528

1922

16, 501, 3937,984, 242

503, 7111, 636, 7342,090, 012

23, 929, 95229, 719, 357

1923

18, 459, 3278, 602, 844

505, 9931, 723, 4762, 206, 818

25, 990, 73532, 523,145

1924

19, 359, 4199, 086, 417

566, 2811, 780,1922, 356, 855

28,100, 93834, 578, 771

1925

21, 073, 9909, 669, 669

591, 6811, 800, 2762, 580,134

30, 411,03037, 706,174

1 Including overdrafts.

RESOURCES AND LIABILITIES OF ALL REPORTING BANKS INEACH STATE, ALASKA, AND INSULAR POSSESSIONS

The combined resources of 28,841 reporting banks in the Conti-nental United States, Alaska, and the insular possessions, June 30,1925, were $62,057,037,000 and showed an increase in the year of$4,912,347,000. The reduction in the number of reporting banks inthe year due to voluntary and involuntary liquidations was 507.

Loans and discounts amounted to $33,883,733,000, and exceededthe amount a year ago by $2,456,016,000. Overdrafts showed areduction of $6,075,000. Investments in Government securities andother miscellaneous bonds and securities totaled $15,400,113,000 andexceeded the amount in June, 1924, by $1,171,368,000.

Banking houses, furniture, and fixtures were valued at $1,401,099,-000 or $105,268,000 more than a year ago, and other real estateowned amounted to $335,486,000, an increase of $41,058,000.

Balances due from correspondent banks and bankers, totaled$6,774,392,000, and showed an increase of $653,299,000; checks andother cash items of $954,177,000 showed an increase of $79,168,000;exchanges for clearing house of $1,226,960,000 an increase of $109,-599,000, and cash on hand of $951,286,000, an increase of $39,786,000.Other resources showed an increase of $262,860,000.

Paid-in capital stock amounted to $3,169,711,000 and showed anincrease of $55,508,000; surplus funds of $3,173,334,000 exceeded theamount a year ago by $205,975,000, and undivided profits of $1,007,-439,000 showed an increase of $35,709,000.

Aggregate deposit liabilities were $51,982,932,000 or $4,283,360,000greater than a year ago. With the exception of United Statesdeposits, which declined $5,082,000 in the year, all other depositliabilities increased. Balances due to banks of $4,370,909,000 in-creased $442,617,000; certified checks and cashiers' checks of $698,-861,000 were increased $34,004,000 and individual deposits aggregated$46,765,942,000, an increase in the year of $3,811,821,000.

Obligations for money borrowed on account of rediscounts amount-ed to $327,899,000 and exceeded the amount a year ago by $2,619,000,and bills payable of $597,377,000 showed an increase of $124,678,000.Other liabilities increased $285,690,000.

The population of each State, number of reporting banks, resourcesand liabilities, and classifications of loans and discounts, investments,cash, and deposits, June 30, 1925, with a recapitulation by classes ofbanks, is shown in the following statement:

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Assets and liabilities of all reporting banks in the United States, Alaska, and insular possessions, June, 1925

[Includes national, State (commercial) banks, loan and trust companies, savings, and private banks]

CO

States and Territories, etc.

Resources (in thousands of dollars)

Population(approxi-

mate)Num-ber ofbanks

Loans anddiscounts,including

redis-counts and

accept-

Over-drafts

Invest-ments

Bankinghouse,

furniture,and

fixtures

Otherreal

estateowned

Due frombanks

Lawfulreservewith

Federalreserve

banks orother

reserveagents

Checksand

othercash

items

Ex-changes

forclearinghouse

Cash onhand

Other re-sources

Aggregate

MaineNew HampshireVermontMassachusettsRhode IslandConnecticut

Total New EnglandStates _

New YorkNew Jersey...*Pennsylvania.Delaware. _ _Maryland _.District of Columbia

Total Eastern States.

Virginia... _West Virginia. __North Carolina. _South Carolina. __ _GeorgiaFlorida... ,___Alabama.MississippiLouisiana.. __ . _TexasArkansas...

778,000452,000355,000

4,205,000647,000

1,535,000

14912210544745224

175,922126,403148,983

2,444,340233,101557,753

1453268

36010

212

207,512129,44868,481

444,294223,239451,830

5,5584,0762,56967, 5335,05123,382

1,002114

1,2262,9731,3064,240

15,3668,7998,940

143,5469,52236,484

5,0783,3722,252

132,68918,41211,865

472567463

20,045470

5,082

1762

28,3282,6282,562

5,0752,7082,24034,8909,72624,549

820326

4,11444,0424,8512,041

417,573276,021239,328

3,963,040508,316

1,120,000

7,972,000 1,092 3,686, 502 817 2,124,804 108,169 10,861 222,657 173,668 27,099 34,319 79,188 56,194 6, 524,278

11,650,0003,740,0009,200,000

233,0001,595,000

479,000

1,128509

1,65258

24544

8,512,2361,130, 5042,799,054

63,779429,307158,118

2,39720174831

190

4,303,646746,416

2,132,06448,43(

29060), )61,405 .

210,30451,201

169,5063,603

20,52418,922

6,3977,55732,7991,3642,7201,857

507,61993,024

267, 5472,915

44,20219,624

966,17266,782

317,0996,252

41,4398,123

727,2336,28921,581

1732,9912,657

746, 40010,44968,342

54514,2056,601

144, 21635,61396,6821,73210,0705,636

520,01915,57954,5581,3515,7401,551

16,646,6392,163,6155,959,980

130,181 t J

861 ,9ar# <*284,577

26,897,000 3,636 13,092,998 3,650

2,440,0001,565,0002,795,0001,800,0003,031,0001,095,0002,440,0001,791,0001, 880,0005,035,0001,846,000

517345590373632318354359247

1,514482

449,074301,069345,284 I184,133319, 948335,176205,858151, 932321,074737, 691174,874

291412447729569173157693

1,2252,067563

7, 582,573

69,70859,75936,13931,06241,118

101,41342,78440,76850,269

158,52425,969

474,060 52,694 934, 931 1,405,867 760,924 846,542 293,949 598,798 26,046,986

19,27417,53917,6068,058

16,47612,5208,5545,136

22,71842,794

7,011

4,5482,4853,4174,9229,0152,0493,7501,9424,744

17,5414,414

48,30333,56449,29527,69053, 724

165,94235, 36433,57451,847146,52040,599

15,6357,8286,5734,46917,93515,8687,3093,49816,45393,7257,729

3,410943

1,6541,3551,4727,1652,409

6563,9944,7181,625

2,5511,6493,0891,0844,6452,157

590631

8,4887,802

169

10,5709,084

10,0834,8608,700

14,6608, 5614,741

28,5895,788

17,4461,4221,6024,520577601,2121,7214,9879,30918,6671,511

640,810435,754475,189272,882479,362658,335317,057248,538498,604

1,258,638270,252

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Page 104: Annual Report of the Comptroller of the Currency 1925

Kentucky

Tennessee

Total Southern States.

OhioIndiana-.IllinoisMichiganWisconsinMinnesotaIowaMissouri

Total Middle West-ern States

North DakotaSouth DakotaNebraska.KansasMontanaWyomingColoradoNew MexicoOklahoma

Total Western States.

WashingtonOregonCaliforniaIdahoUtahNevadaArizona

Total Pacific States...

Alaska,The Territory of HawaiiPorto RicoPhilippines

Total Alaska and in-sular possessions

Total United States,Alaska, and insularpossessions

2,487,000% 409,000

30,614,000

6,255,0003,075,0006, 960, 0004,105, 0002,885, 0002,578,0002,513,0003,434,000

31,805,000

682,000667, 000

1, 344, 0001,845,000638,000222,000

1,013, 000380,000

2,240,000

9,031,000

1,487,000840,000

3, 996, 000485,000493,00077,000

407,000

7,785,000

91,000281,000

1,345,00010,870,000

12, 587,000

126, 691,000

609550

6,890

1,0991,0971,900786990

1,3751, 6241,558

10,429

658526

1,0871,2792359633466773

5,054

3642796621611153457

1,672

17231711

68

28,841

355, 771326,697

4,208,581

1,763,908615,396

2,486,760754,802601,825629,905800,203901,252

8,554,051

117, 548136,393366,203325,00878,33738,073177, 91821, 427246, 756

1, 507, 663

251,241161,683

2,062, 75750,317100,19125,08345,554

2,696,826

4,55744, 77232,98554, 798

137,112

33,883, 733

741886

8,953

812725

1,885540611890

1,466932

7,861

237559

1,3789314867934322633

4,668

212324

2,1901003399689

3,350

211,287

6019,592

20,960

50, 259

88,82746,148

792,488

601,692187,322870,911832,534211,180302,006104, 956317,417

3,428,018

35,16626, 54656,90875,65839, 36410,99092, 9135,762

88, 527

431, 834

128,91881, 385729, 73319,09328, 6286,96713,456

1,008,180

3,76717,2744,6066,569

32,216

15,400,113

12,39818,056

208,140

95,19837,13492, 72057,67926,70223,10530,24933,231

396,018

6,1006,10414, 60517,1504,8252,1337,2311,468

16, 761

76,377

16,10211, 72695,4253,0023,8971,4802,126

133,758

3041,8351,0911,347

4,577

1,401,099

2,1724, 583

65,582

16,0038,04415,0357,5366,867

21, 66528,85112,650

116,651

9,7139,23915,3289,2323,468865

2,963742

6,178

57,728

3,5042,71215,3832,1913,277501

3,071

30, 639

124549338320

1,331

335,486

55,22867,094

808,744

104, 636105,985463,461149,86740,140112, 839117,857216,303

1,311,088

9,29230,41894,06192,96222, 5769,39334,9474,49597, 597

395, 741

34,18028,606243,06310,44415, 7655,7969,291

347,245

1,7589,9095,13418,275

35,076

4, 055,482

11,53210, 923

219,477

168,66217, 519

203, 04771,49276, 65935,44517,84735,229

625,900

14,9493,63215, 00712,9783,8842,08532,4181,289

22,465

108, 707

32,30720,394120,2293,0375,333779

3,176

185, 255

36

36

2, 718, 910

1,9006,059

37,360

4,7237,47915,34712, 0664,7089,1181,74018,194

73,375

558416

2,2101,426780276

3,501264

1,901

11, 332

1,9251,371

36,444448563123320

41,194

511,2691,145428

2,893

954,177

3,2851)645

37,785

55,0942,963

115, 05630, 0746,8477,9741,91712,169

232,094

256872

3,1313,011191175

4,123

3,219

14,978

6,1783,412

46, 626134

1,515110452

58,427

37

1,5001,278

2,815

1,226, 960

9,7569,197

133,072

54,41125,22769, 07633, 08818,00329,41925,99824,377

279, 599

3,2754,20713, 69711,2815,7732,2919,7691,3769,119

60,788

10,0757,914

54, 6122,4621,9131,5093,583

82,068

9244,4104,25913,029

22,622

951,286

4,34812,456

84,941

41,80272,43450,34628,5562,6347,5942,61520,491

226,472

1,0211, 5102,0994,296899135835159874

11,828

2,4243,42955, 239

672679234978

63,655

105,1101,62030,904

37,644

1,079,532

545, 958503, 741

6,605,123

2, 906,941L, 080,2281,383,644L, 978, 234996,176

L, 179,960L, 133, 6991,592, 245

15,251,127

198,115219, 896584, 627553, 933160, 58366,495366,96137,004494,030

2, 681, 644

487,066322, 956

3,461, 70191,900162,10042, 67882,196

4, 650, 597

11, 55386,41552,774146, 540

297,282

62,057,037

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Assets and liabilities of all reporting banks in the United States, Alaska, and insular possessions, June, 1925—Continued

RECAPITULATION

CO

States and Territories, etc.

Resources (in thousands of dollars)

Num-ber ofbanks

Loans anddiscountsincludingrediscountsand accept'

ances

Over-drafts

Invest-ments

Bankinghouse, fur-niture, and

fixtures

Otherreal

estateowned

Due frombanks

Lawful re-serve withFederal re-serve bankor otherreserveagents

Checksand

othercash

-items

Exchangesfor clear-ing house

Cash onhand

Other Aggregateresources

1

o

O

E

National banksState (commercial) banks.Mutual savings banksStock savings banksTrust companiesPrivate banks

Grand total...

8,072

611972

1,680523

12, 850, 6509, 282,8394,183,0711, 364, 7216,122, 785

79, 667

9,35235, 819

5363,722830

5, 730,4443,052,1723,351,162429, 834

2,801, 34635,155

585,267430,27876,29056,148248, 2214,895

111, 191144, 6606,01721,53546, 7765,307

1, 966,9211, 243, 607201, 797123,867

1, 326, 864607,461

19, 306

32,137749,1093,339

150,244323, 365

90111,051

467,969647

988, 294198,869

2124,36835,017

200

359, 605357, 96040,35929,425160,1053,832

272,031302, 20853,23019, 503

430, 5152,045

24,350,86315,979, 2387,913, 0392,093,12511, 565, 549

155, 223

28,841 33,883,733 50,259 15,400,113 1, 401,099 335, 486 4, 055, 482 2, 718,910 954,177 1, 226,960 951,286 | 1,079,532 62,057,037

macj

go

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Page 106: Annual Report of the Comptroller of the Currency 1925

States and Territories, etc.

Liabilities (in thousands of dollars)

Capitalstock

paid inSurplus

Undividedprofits(less

expensesandtaxespaid)

Reservedfor taxes,interest,etc., ac-crued i

Nationalbank cir-culation

Due to allbanks

Certifiedchecks

andcashiers'checks

Individualdeposits

(includingdividendsunpaid

andpostal

savings)

UnitedStates

deposits

Notesand bills

redis-counted

Bills pay-able (in-cluding

advancesreceived

from WarFinanceCorpora-tion and

certificatesof depositrepresent-ing moneyborrowed)

Otherliabilities

MaineNew Hampshire _VermontMassachusetts. __Rhode IslandC onnecticut

12,8367,8127,726

113,03515,720

16,55215,03811,846178,47322,67559,292

13,4589,5598,113

118,26711,81638,384

433,433389

1,046

5,5704,6514,29920,2535,1019,699

3,8864,1351,456

145,8038,30411,930

760396557

20, 6871,9891,740

355,332230,063200,443

3,243,612433,564952,984

255399105

',868522715

1,627656882

45,188367513

5,8801,9253,20214,742

4055,968

Total New England States __ 193,697 303,876 199,597 5,343 49,573 175,514 26,129 5,415,998 9,864 49,233 32,122

New York I 528,036• - - 9 6 , 1 0 7

320,0079,32340,21423,378

New Jersey..PennsylvaniaDelawareMarylandDistrict of Columbia..

Total Eastern States.

VirginiaWest Virginia. __North Carolina_South Carolina..GeorgiaFloridaAlabamaMississippiLouisiana

1,081,125104,357514,948

9,58757,14713,867

137,32735,914

147, 6474,939

13,5566,112

17,2491,1896,031

31665258

65,37420,602

1,1249,5054,426

1,768,34031,270354,0594,97345,56714,102

405,53111,06230,009

3141,8242,419

12,012,7431,809,7314,309,154

96,540

209,990

12,0125,17829,785

5203,9013,295

76,2126,61915,676

3012,057582

126,96421,67976,273

86710,8872,953

1,017,065 1,781,031 345,495 25,423 182,014 2,218,311 451,159 19,107,146 54,691 101,447 239,623

57,88034,80536,94625,06046,33625,997

17,13032, 539

39,47525,61620,87512,18326,37012,31715,2619,35118,444

12,62810,8418,0154,49611,5556,8549,1822,7066,200

1,3536

375408334218390

19,74410,2599,4906,4618,2775,2399,2002,9204,076

38,52710,02226, 69210,61646,40072, 4327,1008,45346,609

4,3942,4004,9161,3611,95814,948

4791,0283,071

411,651321,441318,353194,328308,408514,207234,506189,201358,194

2,390812604701

2,1081,0231,300366

1,033

13,9614,52316,1505,1458,878278

4,2214,9212,407

16,85413,30826,8659,04714,7711,0756,8827,6458,384

1,0481,324656

51,6797,4641,161

63,332

415,72619,90775,4081,6627,6833,195

523,581

21,9671,1915,5913,1553,9263,5571,6944,59917,257

* Reported by national banks only.

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Page 107: Annual Report of the Comptroller of the Currency 1925

Assets and liabilities of all reporting banks in the United States, Alaska, and insular possessions, June, 1925—Continued CO00

States and Territories, etc.

TexasArkansasKentuckyTennessee

Total Southern States...

OhioIndianaIllinois _._ .MichiganWisconsinMinnesotaIowa._Missouri _

Total Middle Western States __

North DakotaSouth Dakota.. -NebraskaKansas-..Montana. .Wyoming _ _Colorado . - __New MexicoOklahoma. .

Total Western States

Liabilities (in thousands of dollars)

Capitalstock

paid in

119,00024,18641,59741,973

530,347

175,72679,413

254,07296,81262,30968,45878,881

123,672

939,343

15,22114,31140, 25444,55612,8004,685

19, 6713,460

34, 844

189, 802

Surplus

49,2469,575

28,51622,912

290,141

125,42238,963

174,98572,58230,77135,28235,57263,506

577,083

5,8435,915

15, 59522,9014,4132,558

12, 7351,2498,712

79,921

Undividedprofits

(lessexpenses

andtaxespaid)

22,6954,6049,5432,641

111, 960

45,48819,53399,48026,08617,48211,39814,93526,928

261,330

711684

5,2236,7431,574

5654,165

2112,990

22,866

Eeservedfor taxes,interest,etc., ac-crued

1,645117

1,311600

8,294

1,488457

6,3211,1801,2252,754

6151,552

15,592

201038745028136

7355

358

2,714

Nationalbank cir-culation

39,6353,757

15,85113,187

148,096

40,82625,07430,48313,63714,36014,77417,74416,884

173,782

4,3192,8798,4349,9612,4861,7385,5271,1138,525

44,982

Duo to allbanks

118,04319,86830,14526,445

461,352

125,31450,002

449,28657,00648,73597,95754,037

153,842

1,036,179

4,7919,355

67, 00142, 4606,8862,392

26, 323947

47,484

207, 639

Certifiedchecks

andcashiers'checks

12,0001,6935,5381,121

54,907

19,0655,531

42,75911,9214,922

14,7432,721

12,345

114,007

1,4721,4382,6853,4901,393

4704,456

4686,950

22, 822

Individualdeposits

(includingdividends

unpaidand

postalsavings)

863,690194,027386,905366,390

4,661,301

2,271,164770,647

3,225,4511, 596,308

797, 534916, 268894,315

1,140,647

11,612,334

160, 512178, 446438, 553413, 911128, 22253. 249

289,14628, 575

376,562

2,067,176

UnitedStates

deposits

7,866338590707

19,838

13,5531,7684,866

10,8092,4083,4291,1092,992

40,934

211344524

1,284233116669133

1,047

4, 561

Notesand bills

redis-counted

5,5073,4122,4184,408

76,229

14,3919,026

16,4037,5505,1692,5126,9985,389

67,438

6042,0941,0123,559

586359

1,489523

4,627

14,853

Bills pay-able (in-cluding

advancesreceived

irom WarFinance

Corpora-tion and

certificatesof depositrepresent-ing moneyborrowed)

10,7807,1525,0446,668

134,475

23,3029,487

22,36127,9285,3528,864

17,97419,617

134,885

4,3323,8633,2021,5231,507

3251,488

2931,175

It, 708

Otherliabilities

8,5311,523

18,50016,692

108,183

51,20270,32757,17756,4155,9093,5218,798

24,871

278,220

79464

1,2703,043

4022

55727

756

6,600

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Page 108: Annual Report of the Comptroller of the Currency 1925

Washington _ __„OregonCaliforniaIdahoUtah .NevadaArizona

Total Pacific States

Alaska- _ _The Territory of HawaiiPorto RicoPhilippines

Total Alaska and insular possessions.__

Total United States, Alaska, and in-sular possessions

29,94823, 788

189, 2557,042

11, 6033,0965,304

270,036

8308,0068,310

12, 275

29,421

3,169, 711

12,1569,681

98,0602,5225,7871,20?2,887

132,302

2604,1041,2963,320

8,980

3,173,334

4,8574,522

47, 692739

1,694389919

60,812

1841,801

8792,515

5,379

1,007,439

669264

1,32882

2794931

2,702

19

10

60,078

9,4023,349

30, 2822,3582,3911,198

567

49, 547

50450

500

648,494

28,41817,475

194,0492,105

10,8791,7562,302

256, 984

1071,5981,237

11,988

14, 930

4,370,909

6,4502,870

15,339836

1,417787

1,142

28,841

45309354288

996

698,861

382, 468252, 797

2, 803, 91072,082

112, 29233, 78066, 221

3, 723, 550

9,67464,12936, 72967, 905

178,437

46,765,942

2,534292

11, 7681303493

115

14,966

3891,455

522

2,366

147, 220

2,7012,9517,8731,5021,338

36591

16, 992

677

1,624

1,707

327,899

3,6442,662

23, 6482,2331 928

1551,513

35, 783

12115

2,645

2,781

597,377

3,8192,305

38,497269

12,458130604

58,082

74,3561,808

45, 604

51, 775

1,089,773

R E C A P I T U L A T I O N

HHi

O

o

National banksState (commercial) banks _Mutual savings banksStock savings banksTrust companiesPrivate banks

1,369,4351, 062, 264

Grand total-

83, 758643,45110,803

3,169, 711

1,118,928644, 420633,17644, 893723, 2098,708

3,173,334

481, 711226, 988116, 52321,487159, 0361,694

1,007, 439

60,078

60,078

648,494

648, 494

2,886,400606, 4934,265958

871, 7201,073

4, 370, 909

560, 25695,845

587696

41,307170

8, 861

16, 354,91212, 682, 7537,146, 9511,918, 2308, 536, 860

126, 236

46, 765,942

108,10116,926

6,45215, 741

147, 220

233,87459,124

4134, 244

616

327,899

245,107244, 782

5188,732

95, 7872,451

597, 377

283, 567339, 643

11, 0197,878

444,1943,472

1, 089, 773

a

o

CD

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Page 109: Annual Report of the Comptroller of the Currency 1925

Assets and liabilities of all reporting banks in the United States, Alaska, and insular possessions, June, 1925—Continued,[In thousands of dollars]

OO

States and territories, etc.

MaineNew Hampshire _VermontMassachusettsRhode IslandConnecticut _.

Total New England States.New YorkNew JerseyPennsylvaniaDelaware _ _MarylandDistrict of Columbia

Total Eastern StatesVirginiaWest VirginiaNorth CarolinaSouth CarolinaGeorgiaFloridaAlabamaMississippiLouisianaTexas.._ _ArkansasKentuckyTennessee

Total Southern States

Loans and discounts

On de-mand, se-cured bycollateral

other thanreal estate

1C, 1788,7834,229

226, 51117,90227,041

294, 644755,497210, 879684, 68018,86382,21451,375

12,3217,4866,9754,3767,298

21, 5947,515565

6,73172,1852,03516,3205,053

170, 454

On de-mand,not se-cured

by col-lateral

7,7225,8795,88376,4095,38210,199

On time,secured

by collat-eral otherthan real

estate

10,6574,1103,721

35,62629, 955

111,474 1 323,357

80, 960

253, 6123,893

25,2806,106

433, 790

10, 3384,4377,0742,7484,7783,1683,093

5604,704

27,8141,014

3,997

82, 707

555,90864,731

325,4296,182

58,00114,909

1,025,160

71,21331,31878,29130,50633,72941,28329,28416,05517,867278,29616,67237,90037,731

720,145

On time,not se-

cured bycollateral

31,75816,83215,968581,38282,93474,388

803,2621,166,936465,863

1,032,27217,093158,73455,309

2,896,207162,01179,308

207,017

69,35869,28853,46123,34239,821287,72231,96697,43897,170

1,254,171

Securedby farmlands

1,214302

1,0821,449

7272

4,326

6,3253,41316,1962,5062,163231

30,8345,2851,2072,9184,1215,5811,3723,3992,9413,070

28,5193,4295,2452,616

69, 703

Securedby other

real estate

4,43571,40291,833182,97691,0827,980

449,70836,891

469,88915,23814,67629,604

874,3667,7894,8852,7602,6832,8624,539

2,8531,74231,6051,8533,9903, 623

73,882

Notclassified

109,95819,09526,267

1,136,325168

407,9181, 699, 7315,909,719

13, 61116,976

4

5846,029,133180,117172,42840, 249103,430196,342193, 932106,408105, 616247,13911,550117,905185,896176,507

1,837, 519

Investments

UnitedStates

Govern-ment se-curities

46,70632, 74617,099

456,51870,12981, 676

704,874654,451159,210592, 6907,00276,47425,270

1,515,09731,40524,96723, 54911,37819,17922,08716, 76910,04316,170114,50915,96526, 35017,977

350,348

State,county,and mu-nicipalbonds

7,9365,0783,4378,1699,292

29, 680

63,592 j

Railroadbonds

24,93124, 4295,175

261,27036,836

115,336

467,977

131,747116,075137,769

6,33226,0152,253

420,191

4,3291,2294,3372,1111,033

14, 5284,3707,7361,739

10, 5241,8632,9762,455

59,230

214,287227,371533,23013,07479,1469,019

1,076,127

2,7941,772

531,157

6805,7472,717

75240

2,197538

4,261620

23,328

Bonds ofotherpublicservice

corpora-tions (in-cludingstreet

and in-terurbanrailwaybonds)

40,97035,81328,203132,99472,33827,385

337,703

103,63678,584

236,9629,614

42,5167,436

478,748

1,7522,635

96656412

6,1531,106

395117

3,20857

3,058757

Otherbonds,stocks,

warrants,etc.

31,38214,567

185,34334,644

197,753

550,658

3,199,525165,176631,41312,41466,45717,425

4,092,410

29,42829,1567,775

16,08919,81452,89817,82221,84232,20327,5608,072

52,18224,339

20,402 1 339,180

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Page 110: Annual Report of the Comptroller of the Currency 1925

OhioIndiana -IllinoisMichiganWisconsinMinnesotaIowaMissouri

Total Middle Western States .

North DakotaSouth DakotaNebraska..KansasMontanaWyomingColoradoNew MexicoOklahoma.

Total Western States

WashingtonOregon _CaliforniaIdahoUtahNevadaArizona .

Total Pacific States

AlaskaThe Territory of HawaiiPorto RicoPhilippines

Total Alaska and insular pos-sessions

Total United States, Alaska,and insular possessions

81, 6237, 526

226,97917, 52336,14653, 2189,872

57, 724

490,611

1,6451,232

13,054173,744

10,0281.2858,864

54015, 668

226,060

10, 5535,159

83,3461,0925,9259,5175,421

121,013

2613, 6302,5772,540

18,773

3,125,063

58,29010,40860, 5204,900

31,57921,76912,04124,600

224,107

2,462850

19,2486,0207,421

5431,771

5816,281

45,177

5,6048,562

52,789637

2,1593,1741,160

74,085

2514,6964,199

262

9,408

980, 748

93,91142, 709

187,90291,327

108,75886,83651,899

110,544

773,886

20,51817,779

100,87045,32129,42818,74361,9138,482

87,558

390, 612

43,86825, 659

123,99910,96527,8343,573

12,902

248,800

798,3605,7623,275

17,476

3,499,436

211,400144,814447,947150,844304,777151,029138,052135, 648

1,684, 511

17,16620,311

160,51358,50321,69211,21546,6208,923

76,615

421, 558

86,26045,253

266,30114,14429,8762,703

15,016

459, 553

7832,259

16,8601,558

21,460

7, 540,722

11,49510, 53916,2236,320

104,33722,07726,125

4,110

201,226

8,3725,241

29,97738,202

2,7821,8866,3471,1987,134

101,139

4,0593,436

14,4852,9497,5743,9724,342

40,817

3289690

52

1,034

449,079

26,2429,3758,096

20,9837,1637,8005,8534,269

89,781

2,0551,209

11,5623,1176,949

7782,4211,5285,254

34, 873

2,4462,051

15,747625

25,3642,1446,306

54, 683

1,03115,1712,7042,057

20,963

1,598,256

1, 280,947390,025

1,539,093462,905

9,065287,176556,361564,357

5,089,929

65,33089,77130,979

10137

3,62349,982

17548,246

288,244

98,45171, 563

1, 506,09019,905

1,459

407

1,(597,875

2,384367193

45,054

47,998

16,690,429

197,83573,134

354,17246,40466,223

117,43044,64451,134

950,976

17,96110,92526,27635,28419,0606,605

43,4334,440

46,224

210,208

43,92737,669

333,9906,7589,8753,2306,105

441,554

1,9265,6521,308

219

9,105

4,182,162

128, 3219,865

142,36631, 74933,11319,4365,826

22,817

393, 493

1,502686

5,95516,005

1,935779

15,707368

12,617

55,554

12,44110,24839,579

7814,4411,4601,992

70,942

5542,5941,040

20

4,208

1,067,210

17,8118,371

14,96910,22812, 52212,9542,3287,336

86, 519

976576

4,477412714309

4,19245

379

12,080

4,7892,3234,299

271,685

175377

13,675

221678120234

1,253

1,680, 959

12, 72710,35698,04012, 78235,9967,7397,0176,054

190,711

2,0761,1833,739

362926435

4,64161

1,185

14, 608

3,9351,4689,883

2172,770

181797

19, 251

2842,158

244,99885,596

261,364731,371

63,326144,44745,141

230,076

1,806,319

12, 65113,17616,46123,59516,7292,862

24,940848

28,122

139,384

63,82629,677

341, 98211,3109,8571,9214,185

462,758

7826,1929. 13S

75 fi' O T

2,517

1,063, 940

15,133

7. iO5,842

RECAPITULATION

National banksState (commercial) banks.Mutual savings banksStock savings banks __Trust companiesPrivate banks

Grand total.

2,143,728284,7434,3997,063

683,9431,187

3,125,063

726,10084, 693

1,156167, 806

993

980, 748

2,880,485303,8407,2418,191

294,1975,482

3,499,436

6,132,318586,475

6,99814,119

793,4577,355

7,540, 722

255,880165,496

5204,717

18,3534,113

449,079

380,918152,243349,40532,857681,1771,656

1,598,256

331,2217, 705,3493, 814, 5081,296, 6183,483, 852

58, 881

16, 690, 429

2, 536, 767525,233603, 750161,532349,144

5,736

4,182,162

594,700221,495156,488

5,24688,314

967

673,95068,589

634, 51211,567

291,901440

1,067,210 1, 680,959

495,239145,055233, 568

7,529181, 989

560

1,063,940

1,429,7882,091,8001,722,844

243,9601, 889, 998

27,452

7,405,842

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Page 111: Annual Report of the Comptroller of the Currency 1925

Assets and liabilities of all reporting banks in the United States, Alaska, and insular possessions, June, 1925—Continued[In thousands of dollars]

States and Territories, etc.

Maine. _New Hampshire ._VermontMassachusetts. . _ __ .__Rhode IslandConnecticut

Total New E ngland States

New YorkNew JerseyPennsylvania. __ _ _. . . . __DelawareMarylandDistrict of Columbia . __

Total Eastern States

VirginiaWest Virginia. __ _ __North CarolinaSouth CarolinaGeorgia • _FloridaAlabama - . _MississippiLouisianaTexas. _ -ArkansasKentuckyTennessee

Total Southern States.. _ .

OhioIndiana _ __ _Illinois.

Cash

Goldcoin

8110762

445615200

1,510

1,2001,6095,829

66444120

9,268

383196570155155128293245357

1,356333253218

4,642

3,201940

3,791

Silvercoin

15017492

1,345477411

2,649

3,2742,1677,019

133866241

13, 700

765316

1,306665428392464759

1.1.804,088

893434519

12, 209

3, 6451.0216,430

Papercurrency

1,7841,658

87316,1497,8655,483

33,812

106,11831, 51683, 3801,5178,6755,126

236, 332

5, 2673,0948,2074,0402,6014,9763,1373,7376,946

22, 8514,5623,2063,421

76,045

46,9739,238

58, 855

Nickelsand cents

61

61

265454

165

149

889

156

156

512

Cash notclassified

3,060769

1, 21316, 951

70S18, 455

41,156

33, 62456

80

33, 760

4,1555,478

5,5169,1644,667

138

5,8635,039

40,020

8014,028

Demand deposits

V'

Individualdepositssubject

to check

67,23937,30426,141

1, 213, 309126,137270,839

1, 740, 969

2,485,134744, 540

2,028,88346, 268

272,621123,157

5, 700, 603

180,014162, 354159, 22679, 591

159,879340,030137,86475,415

213, 795636,28295, 223

205,04875, 212

2, 519,933

818,994359, 509

1,760,851

Demandcertifi-cates ofdeposit

2,2921,594

89814,3526,0653,504

28, 705

15, 60217,06724,626

1374

1,249

58,919

8,0482,674

10,849793

14, 3021,2801,3461,3694,763

11,5998,2451,353

133,092

199, 713

40,089113,18661.194

V

Divi-dends un-

paid

307184271

2,805162891

4,620

4,4782,9558,308

1881,185

353

17, 467

2,0681,127

787554710588307233882

1,694258575459

10, 242

3,1201,2086,547

Time deposits

Savings de-posits or

deposits ininterest orsavings de-partment

263, 619188,806172, 585

1, 890,126282, 510671, 371

3,469,017

4, 290, 4471.021,9171, 964, 216

49,094377, 776

74, 327

7, 777, 777

155, 58999, 61885,06381, 66386,142

108, 70986, 23941, 61994, 533

108, 68636, 96480, 808

124, 322

1,189, 955

982, 351210, 074

1,057, 172

V

Time cer-tificates of

deposit

1,9141,425

43472, 27218,0404,720

98,805

83, 52614, 377

213,958834

7,5144,754

324,963

61, 39750, 76757,14729,60045,47838, 5686,575

40, 47628; 51554, 83028,07035, 94330, 651

508,017

179, 20548, 764

251,013

Postalsavingsdeposits

9928276

4,793650

1,078

6, 978

13, 3902,667

10, 302147495839

27, 840

17321361

17213793229244

1211,078

192519122

4,056

2,442611

3,465

Depositsnot classi-

fied

19,862468

3845,955

581

66,904

5,120,1666,208

58,8618

9,0235,311

5,199, 577

4,3624,6885,2201,9551,760

24,1001,883

30,04515, 58549, 52125,07562, 6592,532

229, 385

244,90337, 29585, 209

IHO

QO

K

O

Eo

H

wocj

Q

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Page 112: Annual Report of the Comptroller of the Currency 1925

Michigan- _Wisconsin...Minnesota.IowaMissouri...

Total Middle Western States

North Dakota-South Dakota-Nebraska.Kansas.Montana..Wyoming..Colorado...New Mexico.Oklahoma...

Total Western States-

Washington..Oregon.California.,..IdahoUtahNevadaArizona

Total Pacific States.

AlaskaThe Territory of Hawaii.Porto Rico..Philippines _ _

Total Alaska and insular possessions...;

Total United States, Alaska, and jinsular possessions j

477,807506597352

11, 671

8375

266962395146

1,83451

274

6951,9621,1951,112717

7,13014,0147,1136,3355,168

16, 777 | 154,826

355312610

2,2321,712'2971.028212

1.151

4,086 j 7,959

390585

6,79486413259319

8,846

1,2741,4062,9428,0373,0661. 8406,9071,1085,269

32,449

985 I574

1,985 |248 '392166385

4.5852,61510,132

8521,1081,0832,856

220

742

24, 781

20, 60517, 94918,140

95, 583

4,735 j 23,231 j 11

15013520997

7533042063

6873,7353,5288,439

40,614 58,917

16,389

573,084

1, 5632,4149,879

2,425

i3 i 16,281

4,1154,14035,7011,276

13

45, 245

1020237

4, 412

4, 661

1,965 276, 706 16, 563,201

198, 960296, 499318, 946122, 832237, 790

4,114, 381

14, 87923,24210, 43612, 3849,395

2S4. 305

1,

14

940129839343656

782

171, 807252, 718244, 222442, 52961,317

3, 422, 190

54, 82567,487199,465235, 25963,07526,449150,93916, 750178,821

993,070

149,280127,970

1,007,29838,16546,67014, 75936, 580

1,420,722

5,06G27, 58920,85020,018

73, 523

12, 62413,46727, 70812, 73623,162

9, 52591,6143,196

34,451

39,853 j199, 263289,93689, 287 !27,556

1,2031,0782,3731,3771,359

1,124, 937 ) 13,5

1,148 i 228, 483

147, 95183, 057

1. 513, 37812,11750, 70915,674 I20,376

82,859 !88,027 !185,058 I108,826 j28,474 |10,315 I22,758 I3,767 I33,848 |

372647399913

3,9431,0391,904269

1,797

1,168, 66623,60549,516225, 563802, 574

2, 637,331

563,932 i 11,283

27, 51120,88330,35012,0569,8741,5435,417

6,0391.922].; 5901,366578240638

1,873,262 j

3,42i I24,01111,8438,617

107,634 j 12,373

47,892

50,739 18,008,576

4206,9791,6679,680

18, 746

2, 747,034

63622

77,784

4,7064,31510,20032,6116,4724,53015,1313,178

119,778

200,921

48,06613, 748213,2026,4442,8711,1482,823

288,302

264,750685

28,739

34,200

8,656,620

RECAPITULATION

National banks.._State (commercial) banks _Mutual savings banksStock savings banksTrust companiesPrivate banks „._

Grand total.

18,85713,244

9963,0544,225238

40,614

37,58415,511

6813

5,566175

58,917

303,164167,7943,8741,19694,8152,241

573,084

1,122156473529

1,965

160,28935,40625,09854,7641,149

276, 706

9,433,6754,447,178

7,09617,101

2,615,51542,636

239,978342,678

64665,77412,912

16,563,201 661,988

34,2289,952

746,470

15

50, 739

4,466,6012,946,3367,139,1101,784,6681,659,180

12,681

18,008, 576

1,277,6991,264,818

4005,846

176, 54721,724

67,6484,807

5,186

2,747,034 | 77,784

3,666,984345

109,7524,008,188

8,656,620

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Page 113: Annual Report of the Comptroller of the Currency 1925

104 REPORT OF THE COMPTROLLER OF THE CURRENCY

SUMMARY OF THE COMBINED RETURNS FROM ALL REPORT-ING BANKS IN THE UNITED STATES, ALASKA, AND INSU-LAR POSSESSIONS, JUNE 30, 1925

Condensed statement of the resources and liabilities of all reportingbanks, June 30, 1925, follows:

Summary of reports of condition of 28,841 reporting banks in the United States,Alaska, and insular possessions at the close of business June SO, 1925

[In thousands of dollars]

RESOURCES

Loans and discounts (including rediscounts):On demand (secured by collateral other than real

estate) 3, 125, 063On demand (not secured by collateral) 980, 748On time (secured by collateral other than real

estate) 3, 499, 436On time (not secured by collateral) 7, 540, 722Secured by farmland 449, 079Secured by other real estate 1, 598, 256Not classified 16? 690, 429

Total- 33, 883, 733Overdrafts 50,259Investments (including premiums on bonds):

United States Government securities 4, 182, 162State, county, and municipal bonds 1, 067, 210Railroad bonds 1, 680, 959Bonds of other public service corporations (includ-

ing street and interurban railway bonds) 1, 063, 940Other bonds, stocks, warrants, etc 7, 405, 842

Total 15,400, 113Banking house (including furniture and fixtures) 1, 401, 099Other real estate owned 335, 486Due from banks 4, 055, 482Lawful reserve with Federal reserve bank or other reserve agents... 2, 718, 910Checks and other cash items 954, 177Exchanges for clearing house 1, 226, 960Cash on hand:

Gold coin 40, 614Silver coin 58, 917Papeir currency 573, 084Nickels and cents 1, 965Not classified.. 276, 706

Total 951,286

Other resources 1, 079, 532

Total resources 62, 057, 037

LIABILITIESCapital stock paid in 3, 169, 711Surplus . 3, 173, 334Undivided profits (less expenses and taxes paid) 1, 007, 439Reserved for taxes, interest, etc., accrued 60, 078National bank circulation 648, 494Due to all banks 4, 370, 909Certified checks and cashiers' checks 698, 861

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Page 114: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY 105

Individual deposits:Demand deposits—

Individual deposits subject to check 16, 563, 201Demand certificates of deposit 661, 988Dividends unpaid 50, 739

Time deposits—Savings, deposits,, or deposits in interest or

savings department 18, 008, 576Time certificates of deposit 2,747,034Postal savings deposits 77, 784

Not classified 8, 656, 620

Total 46,765,942United States deposits (exclusive of postal savings) 147, 220Notes and bills rediscounted 327, 899Bills payable (including advances received from War Finance

Corporation and certificates of deposit representing money bor-rowed) 597,377

Other liabilities 1, 089, 773

Total liabilities 62,057,037

INDIVIDUAL DEPOSITS IN ALL KEPORTING BANKS

The total individual deposits of all reporting banks, includingdemand, tinie, and postal savings deposits, but exclusive of UnitedStates deposits, were $46,765,942,000, June 30, 1925, and showed anincrease in the year of $3,811,821,000.

Individual deposits subject to check showed an increase of $1,501,-257,000; demand certificates of deposit, an increase of $124,065,000;dividends unpaid, an increase oi $374,000; savings deposits, anincrease of $1,627,862,000; time certificates of deposit, an increaseof $112,946,000; postal savings deposits, an increase of $2,417,000;and deposits not classified, an increase of $442,900,000.

Classification of the deposits of each class of reporting banksfollows:

Individual deposits in each class of banks June 30, 1925

[ID thousands of dollars]

Num-berof

I banks

State (commercial) banks. . .Stock savings banksMutual savings banksLoan and trust companies..Private banks

TotalNational banks..

16,983972611,680523

20,7698,072

Indi-vidual

depositssubject

to check

6464,447,178 342,678

17,1017,096

2,615, 51542, 636

De-mand

cer-tifi-

catesof de-posit

65,77412,912

7,129, 526 422,01016, 51113,9,433,675 239,97834,228' '

Divi-dendsun-paid

9,952

6,47015

Savingsdeposits

Timecertifi-cates ofdeposit

2,946,336 1,264, 8181, 784,668 5,8467,139,110! 4001, 659,180| 176,547

12,681! 21,724

Grand total 28,84116,563,201 661,988 50, 739 18,008,576J2,747,034 77,784|8,656,620 46,765,942

Postalsav-ingsde-

posits

Depositsnot

classified

!, 541,975|l, 469,33510,136 7,821,537 30,411,0304,466,601 j 1,277,699 67,648 835,083 16,354,912

4, 807 3, 666,984 12, 682, 753143 109,752

3455,186 4,008,188

36,268

Total

1,918,2307,146,9518,536,860

126, 23§

1 Reported as other time deposits.

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Page 115: Annual Report of the Comptroller of the Currency 1925

106 BEPOBT OF THE COMPTROLLER OF THE

RESOURCES AND LIABILITIES OF ALL REPORTING BANKS,

The principal items of resources and liabilities of all banks otherthan Federal reserve banks> for the six years 1920 to 1925, are shownin the following statement:

[In thousands of dollars]

Clarification

RESOURCES

Loans and discounts, (ineiwi-ing rediscounts) 1

OverdraftsInvestments'-Due from other banks and

bankecs 2

Real estate, furniture, etc.3Checks and other cash items *..Cash on haoiL _._Other resources __

Total

LIABILEBIH&

Capital stoek paid in_Surplus fundUndivided profits..BeservecL for taxes, interest,

etc., accrued8

CirciiktLoii (national banks) . .Certified checks and cashiers'

checks . . .Individual deposits _ „United States depositsDue* tc* other banks and

bankersOther liabilities •

Total

1920(30,139beaks)

31,208,142109,186

11,387, 526

5,833, 2411,000,9761,457, 7781,03^,378

' 1,005,88?

, 53,079,108

I 2,702,eaff2,410, 346

976, 261

688,178

514,86237,315,123

175, 788

, 3,.208r3024,587,609

53,079,108

1921 (30,812banks)

28,932,01181,849

11,381,923

4, 794, 2051,147, 5211,290, 667

946,5671,096, 647

40,671^390

2,903,9612,542,032

910, 743

704>I47

614,58334,844,572

390,230

2,809,4143,951,70&

49, 671,390

1922 (30,389banks)

27,860,44374,600

12; 547, 567

5, 414, 2411,276,6311,574, 608

829; 892847,385

50,425,367

2,943,9602,697,409

983,843

725,748

552,66637,194,31&

128,887

3,244,3862,004,321

50,425,-387'

1923 (30,178banks)

30,416. 67757,982

13,672,547

5,597,15$1,432,2171,196,075

797»iai865, 282

54,034,911

3i.052r3672,799*494

954, MS

720,,001

358,11040,034^195

238,439

3,610,211% 267,949

54,034,911

1924 (29,348banks)

31,427,71766*334

14,258,745

6,121,0931,590,2591, 992,370

911,580816, 672

57,144,690

3,M4»2032,967,359

971,730

729,686

664,85742,954,121

152,302

3,928,2921,662,140

57,144,690

1925 (28,841banks)

3^883,73350,259

16,400,113

6,774,3921,736, 5852,181,137

951,2861,079, 532

62,057,037

3,169,7113,173,3341,007,439

60,078648^494

698,86146,765,942

147,220

4,370,909% 015,049

62,057,037

1 Includes acceptances reported by national banks.2 Includes lawful reserve with Federal reserve banks.* Includes real estate owned other than banking house.* Includes exchanges for clearing house.• Reported by national banks only.• Includes bills payable and rediscounts.

ASSETS AND LIABILITIES OF ALL BANKS, INCLUDING FED-ERAL RESERVE BANKS

The total resources of 28,853 banks, including the 12 Federal re-serve banks, amounted to $66,806,496,000, June 30, 1925, and showedin inefease in the year of $4,871,025,000.

Loans and discounts were increased in the year $3*1§3>627,,0O©,and investments in United States Government and other bonds andsecurities were increased $1,066,183,000.

Capital stock amounted to $3,285,272,000, exceeding the amounta year ago by $59,649,000, and surplus funds and undivided profitsshowed an increase of $238,606,000. Total deposit liabilities showedan increase in the year of $4,451,631,000.

Statement showing the resources and liabilities of all reportingbanks other than the Federal reserve banks, the 12 Federal reservebanks, and the grand total follows:

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Page 116: Annual Report of the Comptroller of the Currency 1925

REPORT OP THE COMPTROLLER OF THE CURRENCY 107

Statement of resources and liabilities of 28,853 reporting banks, including Federalreserve banks, June, 1925

[In thousands of dollars]

28,841 re- !porting ! 12 Federalbanks, j reserve

June 30, ' banks1925 |

RESOURCEI3

Loans and discounts, including rediscounts__ 133, 883,733Overdarfts. _ _ | 50,259Investments __ 15,400,113Banking house (including furniture and fixtures)... 1,401,099Other real estate owned _ _. _._ ___ 335,486Due from banks _ _ 4,055,482Lawful reserve with Federal reserve bank or other reserve agents ._ 2,718,910Checks and other cash items.. . 954,177Exchanges for clearing house 1,226,960Cash on hand 951,286Other resources _ 1,079,532

707,611

324,60960,173

619,112

3,014,55223,402

Total resources_._ I 62,057,037 ! 4,749,459LIABILITIES

Capital stock paid in.SurpluUndivided profits (less expenses and taxes paid) _.Reserved for taxes, interest, etc., accruedNational bank circulationFederal reserve note circulation...Due to all banks _Certified checks and cashiers' checksIndividual deposits __United States deposits (exclusive of postal savings) _Notes and bills rediscquntedBills payable (including all obligations representing money bor-

rowed)Other liabilities

3,169,7113,173,3341,007,439

60,078648,494

4,370,909698,861

46, 765, 942147, 220

597,3771,089,773

Total liabilities j 62,057,037

115,561217,837

1,634,2352,696,852

24,42846,207

Total,28,853banks

34,591,34450,259

15,724,7221,461,272

335,4864,674,5942,718,910

954,1771,226,9603,965,8381,102,934

66,806,496

3,285,2723,391,1711,007,439

60,078648,494

1,634,2357,067,761

14,3394,749,459

46,790,370193,427327,899

597,3771,104,112

66,806,496

1 Includes acceptances of nationa 1 banks. 2 Uncollected items.' Due to members, reserve account, and deferred availability items.

CASH IN ALL REPORTING BANKS

The total cash holdings of all banks, June 30, 1925, including the12 Federal reserve banks, aggregated $3,965,838,000 and showed areduction of $271,071,000 in the year. Of this total, $359,605,000was held by 8,072 national banks, $591,681,000 by 20,769 banks otherthan national, and $3,014,552,000 by the 12 Federal reserve banks.

Classification of cash in all banks follows:Cash in banks June 80, 1925

[In thousands of dollars]

Classification

Gold coin... . _Gold certificatesSilver coinSilver certificatesLegal tender notesNational bank notesFederal reserve notes 4>_Nickels and centsCash not classified _

Total _Cash in Federal reserve banks June 24,1925:

Gold coin and certificates (reserve) _. .Reserves other than goldNonreserve cash

Grand total__ _

8,072nationalbanks

18,857»52,9293 37,559

28,66625,50167,609

128,484

359, 605

20,769State, etc.,

banks

21, 757

21,333

«269,920

1,965276, 706591, 681

Total,28,853

banks 1

40,61452,92958,89228,66625, 501

337, 529128, 484

1,965276, 706951, 286

2,810,764148,04955,739

3, 965,838

1 Number of banks includes 12 Federal reserve banks.'Includes clearing-house certificates.*jlncludes nickels and cents.

* Includes Federal reserve bank notes.« Includes all paper currency

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Page 117: Annual Report of the Comptroller of the Currency 1925

1 0 8 BEPOBT OF THE COMPTROLLER OF THE CURRENCY

MONEY IN THE UNITED STATES

The total stock of coin and other money in the United StatesJune 30, 1925, was $8,221,200,000 and showed a reduction in the yearof $525,300,000, which was due principally to the retirement of Fed-eral reserve notes, Federal reserve bank notes, and national-banknotes.

Of the total stock of money, $362,000,000, or 4.40 per cent, rep-resented coin and other money held in the Treasury as assets; report-ing banks held $938,300,000, or 11.41 per cent; Federal reserve banksor their agents held $3,122,700,000, or 37.99 per cent; and the remain-der, $3,798,200,000, or 46.20 per cent, was in general circulation.

The per capita money in general circulation was $33.29, comparedwith $34.20 a year ago.

Statements showing the stock of money in the United States inthe years ended June 30, 1914 to 1925; the classification of money incirculation July 1, 1925; and imports and exports of merchandise,gold, and silver in the calendar years 1914 to 1924 and the ninemonths ended September 30, 1925, follow:

Stock of money in the United States, in the Treasury, in reporting banks, in Federalreserve banks, and in general circulation, years ended June SO, 1914 to 1925

Year endedJune 30

1914 . .1915191619171918191919201921192219231924 „1925.

Coin andother

moneyin theUnitedStates

Millions3,738.33,989.44,482.95, 408.06,741.07, 518.87, 894. 58,096.08,177.58,603. 78, 746. 58, 221. 2

Coin and othermoney in Treas-ury as assets l

Amount

Millions336. 3345.4298.2268.4360.3584.2489.7461.2402.5383.5356.6362.0

Percent

9.008.666.654.965.347.776.205.704.924.464.084.40

Coin and othermoney in report-

ing banks*

Amount

Millions1,630.01,447.91,472.21,487.3

882.7981.3

1,047.3926.3814.0777.1900.8938.3

Percent

43.6036.2932.8427.5013.1013.0513.2711.449.959.03

10.3011.41

Held by orfor Federal

reserve banksand agents3

Amount

Millions

386.2592.7

1,280.92,018.42,167. 32,021. 32,795. 23,401.03, 490. 83,635.13,122. 7

Percent

9.6813.2223.6929.9428.8325.6034.5241.5940.5741.5637.99

In general circulation, ex-clusive of amounts heldby reporting banks andFederal reserve banks

Amount

Millions1,772. 0l,S09.92,119. 82, 371. 43,479. 63,786. 04,336. 23,913. 33,560.03,952. 33,854.03,798.2

Percent

47.4045.3747.2943.8551.6250.3554.9348.3443.5445.9444.0646.20

Percapita

$17.8917.9720.6922.7732.8735.6740.4736.2132.4436.5234.2033.29

1 Public money in national-bank depositories to the credit of the Treasurer of the United States notincluded.

2 Includes national banks and all reporting State banks with exception of banks in island possessions.3 Includes gold reserve held by banks against issues and gold or other funds deposited by banks with

Igents to retire Federal reserve notes in circulation and own Federal reserve notes held by Federal reservebanks.

NOTE.—Population estimated at 105,869,000 in 1918, 106,136,000 in 1919,107.155,000 in 1980,108,087,000 in1921,109,743,000 in 1922,111,268,000 in 1923,112,686,000 in 1924, and 114,104,000 in 1925.

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United States circulation statement, July 1, 1925

Kind of monty

Gold coin and bullionGold certificatesStandard silver dollarsSilver certificatesTreasury notes of 1890Subsidiary silver__United States notesFederal reserve notesFederal reserve bank notesNational bank notes.

Total July 1,1925Comparative totals:

June 1,1925July 1,1924Nov. 1,1920Apr. 1,1917July 1,1914Jan. 1,1879

Stock ofmoney 1

$4,386,195,841(1,609,687,619)

522, 061,0783 (448, 724,195)

3 (1, 386,882)283,471,971346, 681.016

1, 942, 239, 5307,176,033

733,366,074

8, 221,191, 543

8, 274, 924, 2178i 746, 513,5278,326,338, 2675,312,109, 2723, 738, 288,8711,007,084,483

Money held in the Treasury

Total

$3, 691, 200, 201 $1, 609, 687, 619 $153,620,986 $1, 752, 744, 435 $175,147,161

2,~399,~135452, 510, 212

7, 537,7682,193,3751,474,263

87,89019, 595,231

14,174,598,940

* 4,172, 727, 726* 4, 245, 699,033* 2,406,801, 772* 2,942,998,527« 1,843,452,323

« 212,420,402.

Amountheld in trustagainst goldand silvercertificates

(and Treasurynotes of 1890)

450, 111, 077

2,059,798, 696

2,020,824, 6161, 628,138, 695

696,854,2262,684,800,0851, 507,178,879

21, 602, 640

ReserveagainstUnited

notes (andTreasurynotes of

1890)

153, 620, 986

153, 620,986152,979,026152, 979, 026152, 979,026150,000,000100,000,000

Held forFederalreserve

banks andagents •

1, 752, 744,435

1, 781, 769,3352, 260,891, 0351, 206,341,990

All othermoney

7, 537, 7682,193, 3751,474, 263

87,89019, 595, 231208,434,823

216, 512, 789203, 690, 277350, 626, 530105, 219,416186, 273,44490,817, 762

Money outside of the Treasury

Total

$694,995, 6401,609,687,619

69, 550,866448, 724,195

L 386,882275,934,203344,487, 641

1,940,765,2677,088,143

713, 770,843

6,106,391,299

6,123,021,1076,128,953,1896, 616,390, 7215,053,910,8303,402, 015,427

816, 266, 721

Held byFederalreserve

banks andagents

$271,135,134604,864,31715, 262, 23665,943,944

13,925,00461,909, 990304,657,196

167, 28632,061,955

1, 369,927, 062

1,348, 708,5081,374,180,435987,962,989953,320,126

In circulation

Amount Percapita

$423,860, 5061, 004,823, 302

382, 780, 2511,386,882

262,009,199282, 577, 651

1, 636,108,0716, 920,857

681, 708,888

4, 736,464, 237

4, 774,312, 5994, 754, 772, 7545, 628,427, 7324,100,590,7043, 402,015,427

816, 266, 721

$3. 718.81

.483.35

.012.302.48

14.34.06

5.97

41. 51

41.42.1952. 3639.5434.3516.92

Populationof con-

tinentalUnitedStates

(estimated)

114,104,000

113,985,000112, 686, 000107, 491, 000103, 716,00099, 027, 00048; 231, 000

n

oo

o

o

o

o

1 Includes United States paper currency in circulation in foreign countries and the amount held by the Cuban agencies of the Federal reserve banks.* Does not include gold bullion or foreign coin outside of vaults of the Treasury, Federal reserve banks, and Federal reserve agents.3 These amounts are not included in the total since the money held in trust against gold and silver certificates and Treasury notes of 1890 is included under gold coin and bullion

and standard silver dollars, respectively.4 The amount of money held in trust against gold and silver certificates and Treasury notes of 1890 should be deducted from this total before combining it with total money outsideof the Treasury to arrive at the stock of money in the United States.s This total includes $20,778,312 of notes in process of redemption, $160,367,334 of gold deposited for redemption of Federal reserve notes, $7,442,555 deposited for redemption ofnational bank notes, $4,740 deposited for retirement of additional circulation (act of May 30,1908), and $6,640,640 deposited as a reserve against postal savings deposits.6 Includes money held by the Cuban agencies of the Federal Reserve Banks of Boston and Atlanta.

NOTE.—Gold certificates are secured dollar for dollar by gold held in the Treasury for their redemption; silver certificates are secured dollar for dollar by standard silver dollarsheld in the Treasury for their redemption; United States notes are secured by a gold reserve of $153,620,986 held in the Treasury. This reserve fund may also be used for the redemp-tion of Treasury notes of 1890, which are also secured dollar for dollar by standard silver dollars, held in the Treasury. Federal reserve notes are obligations of the United States anda firstlien on allthe assets oftheissuingFederalreserve bank. Federal reservenotes aresecured bythe deposit with Federal reserve agents of alike amount of gold or of gold andsuch discounted or purchased paper as is eligible under the terms of the Federal reserve act. Federal reserve banks must maintain a gold reserve of at least 40 per cent, includingthe gold redemption fund which must be deposited with the United States Treasurer, against Federal reserve notes in actual circulation. Lawful money has been deposited withthe Treasurer of the United States for retirement of all outstanding Federal reserve bank notes. National bank notes are secured by United States bonds except where lawful moneyhas been deposited with the Treasurer of the United States for their retirement. A 5 per cent fund is also maintained in lawful money with the Treasurer of the United States for theredemption of national bank notes secured by Government bonds.

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110 EEPOKT OF THE COMPTROLLER OF THE CURRENCY

Imports and exports of merchandise, calendar years 1914 to 1924, inclusive, and fromJanuary 1 to September 80, 1925

1914 .1915- .19161917191& . ._ .1919192019211922 .1923_ —_ _ .__19241925 (9 months) . .

Total, 11 years and 9 months

Imports ofmerchandise

$1,789,276,0011,778,696,6962,391,635,3362,952,465,9553,031,304,7213,904,364,9325,278,481,4902,509,147,5703,112,746,8333,792,065,9633,609,962, 5793,078, 549,084

37,228, 597,158

Exports ofmerchandise

$3,113,624,0503, 554, 670;&475,482,641,1016,226,255,6546,149,241,9517,920,426,9908,228,016,3074,485,031,3663,831,777,4094,167,498,*)804,590,983,3463, 504, 828,^15

61,254,989,665

Excess ofexports over

imports

$1,324,348,0491,776,074,1523,091,005,7663,273,789,6993,117,937,2304,016,061,0582,949,534,8171,975,883,786

719,030,636375,427,117981,021,266426,278,931

24,026,392,607

Gold and silver imports and exports in period indicated

GOLD

293.41915 _ _1916 _1917 __ _ --1918 - — -— - -1919 . _._1920 _1921 _19221923 . ._ _.-19241925 (9 months) _

Total, 11 years and 9 months

Imports

$57,387,741451,954, 500685,090,234552,464,37462,042,74876,534,046

417,068,273691,248,297275,169,785322, 715,812319,720,918-

59,830,123

3,972,116,941

Exports

$222,616,15631,426,918

155,792,927371,888,88441,069,818

368,185,248322,091,20823,891,37736,874,89428,643, 41761,648,313

204,272,802

1,868,395,962

Excess ofexports over

imports

$165,228,415

•291,651,202

144,442,679

601,322,296

Excess ofimports over

exports

$420,528,672530,197,307180,570,49020,972,930

94,^77,065667,356,920238,294,891294,072,395268,072, 605

2, 705,043,275

SILVER

1914191519161917 _S9181919 . _192019211922192319241925 (9 months) -

Total, 11 years and 9 months

$25,959,18734,483,95422,263, 28953,340,47771,375, 69989,410,01888,060,04163,242,67170,806,65374,453,53073,944,90249,194,076

726,534,497

$51, 603,06053,698,88470,595,03784,130,876

252,846, 464239,021,051113,616, 22451,575,39962,807,28672,468,789

109,891,03374,636,128

1,236,790,231

$25, 643, 87319,114, 93038,331,74830,790,399

181,470,765149,611,03325,556,183

35,946,13125,442, 052

531,907,114

$11, 667,2727,999,3671,984,741

21,651,380

BACKING POWER OF THE UNITED STATES

The combined banking power of all banks in tlie United States,including 8,072 national banks, 20,769 banks other than national,the 12 Federal reserve banks, and estimated figures for 437 iionreport-ing private banks, was $60,4{)9,4€0,00Q, and exceeded the amountJune 30, 1924, by $4,O22790O;GOO.

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REPORT OF THE COMPTROLLER OF THE CURRENCY 111

The banking power of the country consists of the capital, surplusfunds and undivided profits, and certain classes of deposits of allbanks, with the addition of national and Federal reserve bankcirculation.

Of the total banking power June 30, 1925, national banks contrib-uted $20,641,800,000, or 34.14 per cent; banks other than national,$35,092,500,000, or 58.03 per cent; and Federal reserve banks,$4,735,100,000, or 7.83 per cent.

The banking power of each class of banks in June, 1925, andcomparison with the figures for June, 1924, is shown in the followingstatement:

Banking power of the United States June 80, 1926

[Money columns in millions]

National banks L _.....Reporting State banks, sav-

ings banks, trust com-panies, and private banks.-

Nonreporting private banks(estimated)

Totalederal reserve banks

Grand total

Num-ber ofbanks

8,072

20,769

437

29,278a 12

29,290

Capitalpaid in

1,369.4

1,800.3

9.0

3,178.7115.6

3,294.3

Surplusand

profits

1,600.6

2,680.1

8.7

4,189.4217. 8

4,407.2

De-posits i

17,023.3

30,588.8

105.6

47,717. 72,767. 5

50,485. 2

Na-tionalbankcircu-lation,Federalreservenotes,and

Federalreservebanknotes

648.5

TotalJune,1925

20, 641. 8

34,969.2

123.3

648.51,634.2

2,282. 7

55,734. 34,735.1

60,469.4

TotalJune,1924

19,172. 7

32,381. 5

116.9

51, 671.14,775.4

In-creaseover1924

1,409.1

2, 587. 7

6.4

4,063.22 40.3

56,446. 5 | A, 022.9

1 Includes dividends unpaid, postal savings and United States deposits, certified checks and cashiers'checks outstanding, but not amounts due to other banks, except deposits of Federal reserve banks, whichare reported gross.

2 June 24,1925.a Decrease.

NOTE.—Information for nonreporting private banks lias been estimated by using as a basis for the cal-culation statements of reporting private banks. Only such institutions as are performing the functionsof a bank are included in the total number of private banks. Concerns whose business is confined tothe selling of investments are not included in the list of private bankers.

BANKS IN THE DISTRICT OF COLUMBIA

The aggregate resources of 68 banking institutions in the Districtof Columbia, June 30, 1925, including national banks, loan andtrust companies, savings banks, and building and loan associations,were $328,554,000, and showed an increase since June, 1924, of$32,428,000.

The combined capital of these institutions was $23,378,000, anincrease of $25,000 in the year, and individual deposits of $248,664,000showed an increase in the year of $25,748,000.

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1 1 2 REPORT OF THE CO1\ -/TROLLER OF THE CURRENCY

Classification of these banks follows:

National banksLoan and trust companiesSavings banks -Building and loan associations

Total . .

Number Capital

$9, 427,00011, 400,0002, 551,000

68 23,378,000

Individualdeposits 1

$104, 339,00072,803,00032,848,000

2 38, 674,000

Aggregateassets

$146, 679,00099, 665,00038, 233,00043,977,000

248, 664, 000 I 328, 554,000

i Amounts due to banks not included. > Share payments mainly.

EARNINGS, EXPENSES, AND DIVIDENDS OF BANKS OTHERTHAN NATIONAL IN THE DISTRICT OF COLUMBIA

The gross earnings of 31 trust companies and savings banks inthe District of Columbia in the year ended June 30, 1925, were$8,016,000 and exceeded the earnings of the previous year by$546,000.

The principal earnings of these banks, interest and discount,amounted to $6,185,000, exceeding the earnings in the prior yearby $144,000. Other earnings were from domestic exchange andcollection charges, which showed an increase of $10,000; foreign ex-change department profits, which showed an increase of $2,000; trustdepartment profits, an increase of $149,000; and other miscellaneousearnings, a net increase of $241,000.

The total expenses for the year, incident to the operation of thesebanks, were $5,434,000, exceeding expenses for the previous year by$172,000. Salaries and wages showed an increase of $88,000; interestand discount on borrowed money, a reduction of $15,000; intereston deposits, an increase of $116,000; taxes, a reduction of $5,000;and other miscellaneous expenses, a reduction of $12,000.

After payment of all expenses the net earnings for the year, withthe addition of $108,000 recovered on charged-off assets, were$2,690,000, which showed an increase over the prior year of $365,000.After charging off losses on bonds and securities and other assetsaggregating $421,000, which showed a reduction of $17,000 in com-parison with losses charged off in the previous year, the net additionto profits were $2,269,000, out of which dividends were declared tothe amount of $1,337,000.

The amount of net addition to profits in the last year was $382,000in excess of the amount during the previous year, and the increasein amount of dividends was $182,000.

Detail statement of the earnings, expenses, and dividends of thesebanks for years ended June 30 1924 and 1925, follows:

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BEPOET OF THE COMPTROLLER OF THE CtTEBEKCT 113

Earnings, expenses, and dividends of trust companies and savings banks in the Dis-trict of Columbia

I In thousands of dollars]

June 30,1924,

32 banks

June 30,1925,

31 banks

Capital stock__ _ _Total surplus fund _ _ _Dividends declared- __ _

Gross earnings:Interest and discount.. _ _Domestic exchange and collection charges _Profits of foreign exchange department _ _ _Commissions and earnings from insurance premiums and the negotiation of real-

estate loans -Trust department profitsOther earnings. __ _

Total.

Expenses paid:Salaries and wagesInterest and discount on borrowed money..Interest on depositsTaxes...0 ther expenses _

Total.

Net earnings during the yearRecoveries on charged-off assets ,

Total.

Losses charged off:On loans and discountsOn bonds, securities, etcOn trust department operations..Other lossesOn foreign exchange

Total

Net addition to profits during the year..

13,8267,4961,155

6,0412522

187448747

7,470

1,80952

1,871660870

5,262

2,208117

2,325

13115813118

438

1,887

13,9517,9541,337

6,1853524

5971,093

8,016

1,89737

1.987'655858

5,434

% 582108

2,690

2038210

11016

421

2,269

BUILDING AND LOAN ASSOCIATIONS IN THE DISTEICT OFCOLUMBIA

The aggregate resources of the 24 building and loan associationsin the District of Columbia, under the supervision of the Comp-troller of the Currency, June 30, 1925, were $43,977,000, comparedwith resources of 23 associations, June 30, 1924, amounting to$40,467,000.

The loans made by these associations increased during the yearfrom $38,968,000 to $42,482,000, and installment payments on sharesincreased from $35,452,000 to $38,653,000.

Eighteen of these associations operate on the permanent plan, 5on the serial plan, and 1 on the terminating plan. Twenty-twoassociations require installment dues or payments of $1, one requirespayments of $2, and one payments of $2.50.

The number of borrowing members June 30, 1925, 15,562, showedan increase since June 30, 1924, of 768, and the number of nonborrow-ing members, 41,873, was increased in this period 2,433.

Information relative to these associations in the fiscal years endedJune 30, 1909 to 1925, is shown in the following statement, and sum-maries of resources and liabilities, supplemented by statements of

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114 REPORT OF THE COMPTROLLER OF THE CURRENCY

receipts and disbursements, in six-month periods ended December31, 1924, and June 30, 1925, are published in the appendix of thisreport.

Years

June 30—1909 _ -._ _..19101911 _19121913 . . . .191419151916 -191719181919192019211922192319241925

Numberof asso-ciations

2219192020202019192020212422232324

Loans

$13, 511, 58714,415,83214,965,22016,004, 70017,398, 01018,582,15619, 524,06520,186, 66220,951, 08921, 507,90423, 654, 00027, 398, 00029, 520, 00033, 233, 00036,157, 00038,968, 00042, 482, 000

Installmentson shares

$11,996,35713,213, 64413,324, 21714, 529,97716,453,04417,113,89917,866, 33718,668, 80819,413,26620, 252, 00522, 463, 00025, 373, 00027, 593, 00030, 506, 00032, 858, 00035,452,00038, 653, 000

Aggregateresources

$14,393,92715,250,73116,017,40517,100, 29318,438,29419,029,26020,655, 61421,611,00722,264, 00523,215, 02725,699, 00029,322, 00031,683, 00034,879,00037, 589,00040,467,00043,977, 000

BUILDING AND LOAN ASSOCIATIONS IN TEE UNITED STATES

The total number of building and loan associations in the UnitedStates, as disclosed by statistics furnished by Mr. H. F. Cellarius,secretary United States League of Local Building and Loan Associa-tions, in the year 1924-25 was 11,844, and the total membership ofthese associations was 8,554,352, an increase over the preceding yearof 18.76 per cent; and aggregate assets were $4,765,937,197, an in-crease of $822,997,317, or 20.87 per cent. The growth of these asso-ciations in the last year far exceeded the growth in the preceding year.

New Jersey's increase in assets was $197,084,169, which representsthe growth for a year and a half, as the figures in the 1924 table areas of December 31, whereas the totals heretofore have been for thefiscal year ended June 30 annually. Ohio's growth was $117,145,131for the fiscal year ended June 30, 1924, while the increase in Penn-sylvania was $115,000,000 for the last calendar year. Other increasesin assets in States showing more than 10,000,000 last year are-Massachusetts, $47,207,279; Illinois, $41,233,691; New York, $34,-557,688; Wisconsin, $25,190,245; Indiana, $24,042,967; California,$23,416,684; Texas, $21,943,756; Louisiana, $19,034,544; Missouri,$18,181,767; Nebraska, $14,223,064; Washington, $12,301,435; Kan-sas $12,239,953; North Carolina, $12,049,626; Oklahoma, $11,977,388;and Michigan, $11,536,832.

Statistics relative to building and loan associations in each Stateand the District of Columbia are shown in the following statement:

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REPORT OP THE COMPTROLLER OF THE CURRENCY 115

StatesNumberof asso-ciations

Pennsylvania *OhioNew Jersey2

MassachusettsIllinoisNew York.IndianaNebraska.-.WisconsinCaliforniaLouisiana. _MissouriMichiganKansasOklahoma _North Carolina1

KentuckyWashingtonDistrict of Colombia-TexasIowa _ColoradoArkansas..W est VirginiaUtahMinnesotaFlorida.South Carolina *Rhode IslandMaineConnecticutOregonMontanaNew Hampshire _DelawareNorth Dakota^South DakotaTennesseeMew Mexico iArizonaVermontOther States

4,3001,0001, 364

217814301380

8215513894

24180

14486

2471365924

10274555957257925

1648

3937203028401624171237

1,061

Totalmember-

ship

1, 600, 000>,686

927, 4953S2, 274572. 000408, 996317, 055192, 200168,113116, 389135, 360154, 780158, 597152, 615121, 44285,000116, 400151,04355, 65466,99465, 00053,04239,26752,30045, 07542, 88018,15024, 00026,68525,60032,67728,80034,40014,22112, 65012, 3608,1607,5505,7505,5503,012

425,130

Total assets

$860,000, 000765, 306, 091599, 812, 925311, 962, 911273,326, 625217, 007,141192, 025, 913123,021, 650118,182, 354108,687,143106, 931, 40193,557, 80580,302, 26778,850, 05777, 788, 00670,000, 00055,196, 45753, 242, 31142, 032, 00033, 980, 08633, 309, 99525, 672, 26924f 848, 26823,256, 75822,550, 62020,839, 95415,450, 00015,000,00014,887,67514, 335, 32314,193,31011,802, 43711, 649. 2727,330, 5346,201, 3396,169, 3975, 078. 5324,477, 8992.550, 0002,378, 8931.353, 951

22i; 387, 628

Total. 11,844 | 8,554,352 4, 765, 937,197

Increase inassets

$115,000,000117,145,131197,084,16947,207, 27941,233, 69134, 557, 68824,042, 96714,223, 06425,190, 24523,416,68419,034, 54418,181,76711,536,83212,239, 95311, 977, 38812,049, 626

196,45712,301,4353,261,00021,943, 7564,314,6095,425,3833,436,1705, 274,0063,312, 5304, 839, 954

8. 475, 7582,326,5111, 677,3822,492,1121, 802,4371, 202, 085748, 899831, 669744, 225678, 532601,164250, 000450,956306, 759

11,982, 600

822, 997, 317

Increase inmember-

ship

200,000313, 718239,90825,638122, 00048, 90219, 05429,20024,65328,35024,28829,93532,11021, 61519,1318,214400

32,5942,79436,9048,50012,5225,0589,8006,6259,680

(3)3,6003,5423,0503, 5653,8102,400

9161,8501,4851,1601,100300550581

11, 970

1,351,472

1 Estimated. 2 As "Dec. 31, 1924, figures heretofore as of June 30. 3 Included in other States.

MONETARY STOCKS IN THE PRINCIPAL COUNTRIES OF THEWORLD

Statistics compiled by the Mint Bureau for the calendar year 1924with respect to the monetary stock of principal countries of the world,show a total gold stock of $9,669,359,000, of which amount $9,578,-829,000 was in banks and public treasuries, and the remainder,$90,530,000, was in circulation. The silver stock amounted to$2,668,317,000.

In comparison with revised figures for the calendar year 1923, thestock of gold showed an increase of $530,960,000 ana the stock ofsilver showed a reduction of $81,322,000.

The following statement shows the monetary stocks in the principalcountries of the world, as compiled by the Mint Bureau:

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Page 125: Annual Report of the Comptroller of the Currency 1925

Monetary stock of principal countries of the world, end of calendar year 1924

[Stated in United States money (OOO omitted), except paper stock, which is stated in monetary unit of issuing country (000 omitted)]

Country

North America:United StatesCanadaIVTfvxipoBritish Honduras 1Costa Rica.Cuba1

D<vrmrrirt£vn KApnhlio 1Guatemala2

HaitiHondurasNewfoundland6

NicaraguaPanama *SalvadorVirgin IslandsBritish West Indies-

Barbados •JamaicaTrinidad

Dutch West IndiesFrench West Indies-

Guadeloupe•\Tartiniou©

South America:ArgentinaBoliviaBrazilChile

Ecuador* __Guiana—

BritishDutchFrench«

Paraguay

Mone-tary

standard

G o l d -do . _dodod o -dodododo

SilverGold....

dodo

— d o -do

dododo

. . . do - _

—do—_

—do. __dodo 'dodo

—do.. _

dodo.. -

—do—-

Monetary unit

Name

Dollardo

PesoDollarsColonPesoDollarQuetzalGourdePesoDollarCordobaBalboaColon _Dollar

doPoundDollarGuilder

Francdo

PesoBolivianoMilreis—Peso __

doSucre

PoundGuilderFrancPeso

UnitedStates

equiva-lent

$1.001.00.4985

1.00.25

1.001.001.00.20

1.001.001.00.50.965

1.01384.86651.0138.402

.193

.193

.9648

.3893

.5462

.365

.9733

.4867

4.8665.402.193.9648

Metallicstock

unclassi-fied

i $236,503

- - , , 5 5 -

600"

Gold stock

In banksand publictreasuries

$4,547,407192,504

90684

8,033114208

130030

1,000

4003,369

86

109

1324

453,1758,225

54,498io 34,108

4,682

79

i 3,181

In cir-culation

$29,072

40

ii 7,6171,657

Total

$4, 547,407192,504

90684

37,105114208

130030

1,000

4403,369

86

109

1324

453,1758,225

54,49834,1087,6176,339

79

i 3, Isi

Silverstock

$818,609i 27, 964

190247

16,3682473 32

4202,300

315325

75~

951888654242

194

17

2,957u 9, 519

2,006

" 3 1333

Paper circu-lation inmonetary

unit of issu-ing country

5, 320,946426,985

31820,554

Popula-tion

110,9228,967

14, 46345

485331, 821 2. 899

1,27625,33911, 7755 1,250

2,0003,268

12,0487 2,500

22223

9 2,6021,480

35,000• 20,000

1,319,79841,944

3,007,874i 271,252n 29,121

16,119

1,6332,4009,000

" 262, 707

8972,0051,631

662265638434

1,52625

156858391166

230240

8,6992,890

30,6363,8196,3002,000

29810826

Per capita

Un-classi-fied

stock

$16.35

Gold

$41.0021.47

2.00

Silver

$7.323.19

4.221.41 ! .51

12.80 ! 5.65.13.10

.28

.02.18

; .053.77

1.012.21

! 3.44

2.92

.66

1.41

52.102.851.798.941.21

23.081,000

3.17

.73

3.18

.638.68

.49

.75

3.00

6.101.031.671.46

.41

.01

.771.511.00

.103.08

Paper

$47. 9747.62

7.0742.38

114. 461.42

12.647.221.897.555.12

7.89100.00

.14

.266.658.92

152.1783.33

151. 7214.5198.1871.034.628.06

5.4722.22

346.15262.71

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Page 126: Annual Report of the Comptroller of the Currency 1925

P e r u . . ,__U r u g u a y ~.. ....•Venezuela9

Europe:Austria15

Belgium15.. _.Bulgaria..-.Czechoslovakia-Danzig _DenmarkEsthonia18

Finland _•_ _ _France1 9 . . ,Germany

Great Britain and Irish FreeState.

Greece18 . .Hungary „„,, ,. ,'.IcelandItaly . .LatviaLithuaniaMalta _NetherlandsNorway ._Poland21

Portugal _Rumania,T., . ^KussiaSpain - . . - -SwedenSwitzerland.Turkey24

Yugoslavia.,Asia:

British North BorneoCeylon.. ._ _

d o , . . . Pound.do.. . , -! Pesodo

do. . .do__.do

(17)

Golddo

. . .do . . . .-do

. . .dodo

. . .do

. . .do

. . . d o — .*tio

. . .do-do

,.do. . . do .

dodo

. . .do-do

- . .do . ..dododododo

. . .do

do. . .do

4. 86651. 0342

Bolivar ! - 1Q3

SchillingFrancLevKroneGuldenKroneKroonMarkFrancR e i c h s -

mark.Pound

Drachma,. _Krone- -

doLiraLatLitasPoundGuilderKroneZloty .EscudoLeuChervonetzPeseta.KronaFrancPiasterDinar

DollarRupee

• 1407.193.193. 2026.195.268.268.193.193. 2382

4. 8665

.193

.2026

.268

.193

. 193

. 104. 8665.402.268.193

1. 0805.193

5.1455.193.268.193.044.193

.5678

.3244

H 20. 3371 .w' mv

-"360,"Il5~

173,235

15,000

1,55852, 5437, 652

56,1451,3908,379

710, 394145, 692

760, 874

7,7205 000

60383, 6083,026

114

202, 85439,45619,95610, 48326. 020

- . . ! 73,047! 489. Ifi4

894

63, 74196, 319

345, 52613, 965

14

52,066

20, 33757,00215 000

1,55852, 5437,652

56,1451, 3908,379

710, 394145, 692

760,874

7,7205,000

60383, 6083,026

114

202, 85439, 45619,95610, 48326, 02073,047

489,16463, 741

148, 385345, 526

13,965

14

t2.9509;000

8416 14, 289

3,281

1,9475, 569

16193

59,00862,483

302,368

116,831

61020 219

49,2823,5115,3084,941

22 2, 65123 34, 504

125,6911,098

33, 83873, 5483,369

10, 687

" 5,83868,50040, 000

838, 7777. 674, 2164, 400, 0008, 810, 400

31, 912478, 25635, 627

1, 249,94640, 603,9656, 356, 743

481, 517

4, 866, 0004,513,989,561

20, 514, 2005,930

1 Last year's figures.2 Gold standard established Nov. 26, 1924.3 Stock in banks.4 Fluctuates with the price of silver.« Stated in United States dollars, and including $800,000 in United States bills.6 Estimated on basis of data considered fairly reliable.7 Stated in francs.s Stock held by one of three banks.9 Including amount held in banks.

« At the mint.11 In circulation on June 30, 1924.12 Amount in circulation.

750970, 025391, 300675, 800

1, 762, 62519, 356, 438

62,4064, 546, 658

537, 293913, 912

24 158, 7496, 001, 504

1,88947,994

« I n October, 1924.H At the end of January, 1925.» Stock in National Bank.16 Including minor coins.17 Monetary standard not established-18 Gold standard established Juno 20, 1924.19 In Bank of France on Dec. 24, 1924.80 Including bronze coins.21 Gold standard established July 1, 1924.22 Including other coin.23 On Dec. 1, 1924.24 On Jan. 31, 1924. Paper circulation stated in Turkish pounds ($4.3965).

7,3001,5292S 412

6,4237.4664, 861

13, 611400

3, 2901,1113,403

39, 21059, 856

47, 262

5,9507,951

9638. 835

1,8514,651

1846,9772,632

27,1796,041

16. 262131, 299

21, 3385,9883, 886

14, 54912, 017

2584,504

11,78

3.66

.07

2.7937.286.22

.247.081.57

17. 071.252.46

.18. 122.43

16.10

1.30.63

6.282.151.63.02

29.0714.99

.721.731.62. 56

22.9210.6438.1823.751.16

i

1 933.73

.011.91

67

4.871.69.01 I

06 11.501.04

6.40

3.01

.131.187.061.33.19.82.16.26

5.89. 18

8.715.06

.28

2.37

.8044.8016. 58

130. 591,027. 89

905. 16647. 2979.78

145. 3732.07

367. 311, 035. 55

106. 20

10.19

81.7. 82; 567, 726. 02

93. 62528. 23

3.2019.994.07

139. 06148. 6724. 38

291. 781,190. 29

.48213.0889.73

235. 1810.91

499. 42

7.3210.66

OWH

O

oo

H

o

W

O

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Page 127: Annual Report of the Comptroller of the Currency 1925

Monetary stock of principal countries of the world, end of calendar year 192If—Continued

[Stated in United States money (000 omitted), except paper stock, which is stated in monetary unit of issuing country (000 omitted))OO

Country

Asia—Continued.China 2«Cyprus IslandFederal Malay StatesIndia, BritishIndo-China, FrenchJapan (including Taiwan).. .Netherlands, East Indies . . .PalestinePersia1

Philippine IslandsSarawakSiamStraits SettlementsSyria

Africa:Abyssinia *Algeria _ .Belgian CongoEgypt " _EritreaGambiaGold Coast _Kenya Colony and Uganda..MadagascarMoiocco, FrenchNigeriaNyasalandPortuguese East Africa l._ .Portuguese West Africa *Reunion Island *Rhodesia- .

SenegalSierra Leone

Somaliland—British

Mone-tary

standard

Silver..-Gold. . . .

. . .dodo

Silver.Gold

. . .dodo

Silver .Gold

dodododo

SilverGtold . .

do. . .do

dodo

—do—do

dododo

. . .do- d o

dododo . .dodo

French I...do

Monetary unit

Name

DollarPoundDollarRupeePiasterYenGuilderPound. .KranPesoDollarTicalDollarPound

ThalariFranc

doPoundLira

dodo

ShillingFranc

doPound

doEscudo

doFrancPoundFrancPound

RupeeFranc

UnitedStates

equiva-lent

(<)$4. 8665

.5678

.4867(4).4985.402

4.9431(4).50.56783709

.56783.860

(4).193193

4. 9431193

4. 86654. 8665

2433.193.193

4. 86654. 86651.08051. 0805.193

4. 8665.193

4.8665

.3244

.193

Metallicstock

unclassi-fied

$15,000

13, 857

18,197

1,747

8,531

1,90037 122

Gold stock

In banksand publictreasuries

$292

108,609

585,73853,667

3,406

1,682

16,508

395332

6 830

33

In cir-culation

$78

Total

$292

108,609

585,73853, 667

3,406

1,682

16, 508

395410

6 830

33

Silverstock

$135,95771167

399,23116,495

168,272494

18, 65419,007

44, 71011,503

340

1,692

9,42213, 703

6,62142249

690

150

292241

Paper circu-lation inmonetary

unit of issu-ing country

100,949525

4,1741, 792,087

65,8721, 745,357

319,9341,250

51,2962« 157,193

156114, 387104,916

7,930

2251,099, 684

26a 109, 95042,000

1191,3091,194

261,000280,100

294

88,22411,30033,000

6 10,000183,107

56

3006,593

Popula-tion

431,480317

1,390318,942

18, 98278, 57547,204

7009,500

10,906600

9,322935

2,140

8,0005,806

15,00013,551

450210

2,2992,5293,3826,000

18,5881,1763,1204,000

1741,8671,2251,541

344206

Per capita

Un-classi-fied

stock

$0.19

6.48

3.31

.13

1.42

10.89.07

Gold

$0.92

.34

7.451.14

.31

1.80

1.22

.34

.13

.44

.16

Silver

$0.322.24.05

1.25.87

3.56.71-

1.951.73

4.7812.30

.04

3 76

3.734.05

.36

.36

.02

.05

.10

.851.17

Paper

0.231.663.005.623.47

22.216.781.795.39

14.34.26

12.27112.20

3.71

.03189.40

7.333.10

.95

.57

.4777.1746.68

.02

28.282.83

189. 645.36

149.43.04

.8732.00

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Page 128: Annual Report of the Comptroller of the Currency 1925

a*

ItalianTanganyikaTun i s 6 . .Union of South Africa 28West Africa French ^Zanzibar

Oceania:AustraliaNew ZealandFiji Islands 1Society Islands _ _

Total

dodo

. . . d o

. . . d o . . . .dodo

. . . d o___do. . . d o

do

RupeeBhillinsrFrancPoundFrancRupee

Pounddodo

Franc

.P244

. 2433

.1934.8665.193.3244

4.86654.86654.8665.193

3~000~

107,92837, 581

779, 910

3,00052,437

121,218

494

9,578,829 90, 530

3,00052,437

121,218

494

9,669,359

1, 8633, 528

800243

945

755

2,668,317

2,0009,259

175,00011,456

190,0004,854

57,0946,750

43019, 723

1,0007,2002,0946,929

11 464197

5, 6351,266

16428

1, 770, 701

26

19.1529. 60

.4.4

1.437.57

21. 51

3.01

5.46

1.8(5.49.38.03

4 80

4.60

1.51

2.001.29

83.571.65

16 5724 64

10.135.332.62

704. 39

* Last year's figures.4 Fluctuates with the price of silver.• Estimated on basis of data considered fairly reliable,

is Stock in National Bank.2* Incomplete.

26 Exclusive of 2,614,688 pesos in United States Federal reserve bank notes.26*Oct. 31, 1924.27 Stock of gold and silver in Northern Rhodesia28 On Dec. 27, in South African reserve bank.

NOTE.—Figures given represent each country's stock at the end of the year, except when otherwise indicated. Population figures are from the Statistical Abstract of the UnitedStates, 1923. Blanks indicate no figures available, rather than no stock. Gold held abroad as follows, not included in the above figures (presumably reported by the country havingactual possession): Canada, $12,640,714; Brazil, $2,433,250; Peru, $5,158,490; Czechoslovakia, $52,716,520 (including silver); Esthonia, $142,708,487; France, $359,813,953; Germany,$49,334,078; Latvia, $1,529,139; Lithuania, $2,963,802; Rumania, $82,630,958; Spain, $6,370,970; Switzerland, $1,322,986; Japan, $156,529,000; Philippine Islands, $52,528,097; StraitsSettlements, $3,763,686

i

3teiQO

wt3

wS3SI

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Page 129: Annual Report of the Comptroller of the Currency 1925

1 2 0 REPOBT OF THE COMPTROLLER OF THE CURRENCY

FEDEEAI LAEfD BA^KS

The resources of the 12 Federal land banks amounted to $1,059,-486,000, September 30, 1925, and showed an increase in the year of$75,700,000.

Net mortgage loans which constitute the principal assets of thesebanks increased in the year from $905,536,000 to $989,960,000.United States Government securities owned were reduced in the yearfrom $43,146,000 to $29,283,000, and cash on hand and in banks wasreduced from $11,080,000 to $9,062,000.

The capital stock of these banks was $52,784,000, of which amount$1,332,000 was held by the United States Government; $50,978,000was held by national farm loan associations; $472,000 was held byborrowers through agents, and $2,000 by individual subscribers.

The amount of capital stock of these banks originally subscribedfor by the United States Government was $8,892,000, of whichamount $7,560,000 has been retired to date.

The principal liabilities of these banks represent farm loan bondsoutstanding, which aggregated $973,344,000, September 30 last,and showed an increase in the year of $66,129,000.

Undivided profits were increased from $4,056,000 to $5,262,000,and legal reserve was increased from $5,734,000 to $7,545,000.Surplus funds and other reserves showed an increase of $3,000.

Consolidated statement of the resources and liabilities of thesebanks, September 30. 1925, follows:

Consolidated statement of condition of the 12 Federal land banks at close of businessSeptember 30, 1925

Assets:Net mortgage loans _•. $989, 960, 218. 89Interest accrued but not yet due on mortgage loans 18, 387, 586. 32United States Government bonds and securities 29, 283, 375. 49Interest accrued but not yet due on bonds and securities.. 195, 007. 36Other interest accrued but not yet due 32, 685. 47Cash on hand and in banks 9, 062, 213. 59Notes receivable, acceptances, etc 3, 527, 922. 14Accounts receivable 746, 137. 74Installments matured (in process of collection) 1, 121, 955* 42Banking houses . 2, 046, 493. 50Furniture and fixtures 263, 926. 44Sheriffs' certificates, judgments, etc. (subject to redemp-

tion) 4, 291, 36L 90Other assets 567, 493. 85

Total assets . „ 1,059,486, 378. 11

Liabilities:Farm loan bonds outstanding 973, 343, 685. 00Interest accrued but not yet due on farm loan bonds 15, 541, 386. 88Notes payable 431, 956. 45Accounts payable 475, 848. 57Other interest accrued but not yet due 12, 462. 45Due borrowers on uncompleted loans 357, 595. 24Amortization installments paid in advance 1, 364, 142. 16Farm loan bond coupons outstanding (not presented) 770, 944. 55Dividends declared but unpaid 753, 378, 62Other liabilities _ 738, 378. 46

Total liabilities . . . . . 993,789,778.38

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Page 130: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY 121

Net worth:Capital stock United States Govern-

ment $1, 331, 930. 00National farm loan association 50, 978, 052. 50Borrowers through agents 472, 265. 00Individual subscribers 1, 585. 00

Total capital stock 52, 783, 832. 50Reserve (legal) 7, 544, 700. 00Surplus, reserves, etc 105, 828. 23Undivided profits 5, 262, 239. 00

$65, 696, 599. 73

Total liabilities and net worth . 1, 059, 486, 378. 11

Memoranda:Net earnings to Sept. 30, 1925 32, 913, 780. 91Less—•

Dividends paid $13, 209, 071. 10Carried to suspense account 1, 323, 953. 38Real estate charged off 5, 037, 769. 23

• 19, 570, 793. 71Carried to surplus, reserve, etc 536, 048. 20Carried to reserve (legal) 7, 544, 700. 00Carried to undivided profits 5, 262, 239. 00

Total carried to surplus, reserve and undivided profits._ 13, 342, 987. 20

Capital stock originally subscribed by United StatesGovernment . 8, 892, 130. 00

Amount of Government stock retired to date 7, 560, 200. 00

Capital stock held by United States Government 1, 331, 930. 00

JOINT-STOCK LAKD BANKS

The resources of joint-stock land banks amounted to $580,810,000,September 30, 1925, and exceeded the amount a year ago by $105=618,000.

Like Federal land banks, the principal resources of these banks arerepresented by mortgage loans, which amounted to $519,237,000September 30? and exceeded the amount a year ago by $89,171,000.United States Government securities amounted to $26,550,000compared with $14,671?000 a year ago, and cash on hand and inbanks was increased from $13,442,000 to $14,094,000.

The paid-in capital stock of these banks was $40,804,000 or $6,-725,000 more than a year ago. Legal reserves of $3,661,000 com-pared with $2,384,000 in September, 1924, and undivided profits of$2,347,000 showed an increase in the year of $1,136,000.

Liabilities of these banks incident to the issuance of farm loanbonds, were $507,686,000, compared with $419,745,000 a year ago.

Consolidated statement of the resources and liabilities of thesebanks follows:Consolidated statement of condition of the joint-stock land banks at the close of busi-

ness September 30, 1925Assets:

Net mortgage loans .__. . . $519, 237,214, 59Interest accrued but not yet due on mortgage loans 9, 525, 580. 66United States Government bonds and securities 28, 550, 481. 12Interest accrued but not yet due on bonds and. securities,_ 270, 122. 29Other interest accrued but not yet due 93, 021. 53Cash on hand and in banks.—"—.-. ~ 14, 093, 836. 40

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Page 131: Annual Report of the Comptroller of the Currency 1925

122 REPORT OF THE COMPTROLLER OF THE CURRENCY

Assets—Continued.Notes receivable, acceptances, etc $3, 559, 072. 59Accounts receivable 1, 307, 556. 71Installments matured (in process of collection) 1, 341, 834, 77Banking houses.. 1, 006, 985. 00Furniture and fixtures 184, 582. 03Sheriffs' certificates, judgments, etc., subject to redemp-

tion 1, 446, 718. 33Real estate 2, 145, 373. 83Other assets 47, 131. 34

Total assets 580,809, 511. 19

Liabilities:Farm loan bonds outstanding 507, 685, 600. 00Interest accrued but not yet due on farm loan bonds 8, 995, 071. 59Notes payable... 7, 305, 862. 21Accounts payable 3, 076, 790. 96Other interest accrued but not yet due 80, 032. 57Due borrowers on uncompleted loans 1, 538, 665. 74Amortization installments paid in advance 831, 193. 93Farm loan bond coupons outstanding (not presented) 741, 099. 75Dividends declared but unpaid 198, 543. 50Other liabilities.. 51, 660. 48

Total liabilities 530, 504, 520. 73Net worth:

Capital stock paid in $40, 804, 060. 53Surplus paid in 1, 359, 830. 83Surplus earned 942, 174. 03Reserve (legal) 3, 660, 653. 65Other net worth accounts 1, 190, 881. 38Undivided profits 2, 347, 390. 04

50, 304, 990. 46

Total liabilities and net worth 580, 809, 511. 19

FEDERAL INTERMEDIATE CREDIT BANKS

The resources of the 12 Federal intermediate credit banks showed again in the year ended September 30, 1925, of $7,634,000, andamounted, on the latter date, to $112,659,000.

Direct loans and rediscounts aggregated $64,318,000, and showedan increase in the year of $12,039,000. Holdings of United StatesGovernment securities amounted to $5,166,000, and showed an in-crease of $2,866,000. Cash on hand and in banks showed a reductionof $2,412,000.

The subscribed capital stock of these banks, $60,000,000 showed nochange in the year. Surplus funds showed an increase of $529,000and undivided profits, a reduction of $76,000. Outstanding deben-tures amounted to $43,768,000, compared with $35,112,000 a yearago.

Notes and bills payable were increased from $375,000 to $3,800,000and notes and bills rediscounted were reduced from $7,450,000 inSeptember, 1924, to $1,906,000 in September, 1925.

Consolidated statement of the resources and liabilities of thesebanks follows:

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Page 132: Annual Report of the Comptroller of the Currency 1925

REPORT OF TUB COMPTROLLER OF THE CURRENCY 1 2 3

Consolidated statement of condition of the 12 Federal intermediate credit banks asof the close of business September 30, 1925

Assets:Direct loans . . . . . . . . ._ . . $33, 756, 897. 04Rediscounts . 30, 560, 889. 14Accrued interest on loans and rediscounts 247, 972. 02United States Government bonds and securities 5, 165, 635. 16Accrued interest on United States Government bonds and

securities . 39, 032. 78Other securities 1, 100, 000. 00Other accrued interest 1, 677. 12"Rediscounts for other Federal intermediate credit banks.. 925, 000. 00Cash on hand and in banks 4, 750, 821. 21Capital stock callable from United States Treasury 36, 000, 000. 00Furniture and fixtures 18,099. 33Documentary stamps _Other assets „ 92, 822. 43

Total-assets „_ 112, 658, 846. 23

Liabilities:Capital stock subscribed. . 60, 000, 000. 00Surplus.. . «..„__. ._ . . . . 680, 584. 46Undivided profits 907, 691. 82Other reserves 109, 574. 73Debentures outstanding ._„._„___ 43, 767, 910. 00Accrued interest on debentures outstanding 565, 183. 10Notes and bills payable . 3, 800, 000. 00Notes and bills rediscounts. __ „ 1, 906, 100. 00Deferred rediscounts . 298, 499. 94Interest collected not earned „__„. 416, 314. 85Cash capital rediscount agencies . 152, 933. 31Other accrued interest . . „. 10, 241. 34Other liabilities . . 43, 812. 68

Total liabilities. . . . . . _ „ „ . 112, 658, 846. 23

FATIOFAL AGKRICTJLTTTKAL CEEDIT COKPORATIOtfS

Under Title II of the agricultural credits act of 1923, provision ismade for the incorporation of national agricultural credit corporationswith a paid in capital of not less than $250,000, and also for theorganization of rediscount corporations with capital of not less than$1,000,000, the course of procedure in either case being practicallyidentical with that provided by law for the organization of nationalbanks. Provision is also made for the conversion of State charteredagricultural and livestock financing corporations into nationalagricultural credit corporations following procedure similar to thatincident to the conversion of State banks to national banking associa-tions. Consolidation of two or more national agricultural creditcorporations is also contemplated and provided for. Supervision ofthe incorporation, together with that of the business of such cor-porations, is imposed by law upon the Comptroller of the Currency.

The powers of these corporations are enumerated in sections 203,204, 205, 206, and 207 of the act as follows:

SEC. 203. (a) That each national agricultural credit corporation shall havepower, under such rules and regulations as the Comptroller of the Currency mayprescribe—

(1) To make advances upon, to discount, rediscount, or purchase, and to sellor negotiate, with or without its indorsement or guaranty, notes, drafts, or billsof exchange, and to accept drafts or bills of exchange, which—

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Page 133: Annual Report of the Comptroller of the Currency 1925

124 REPORT OF THE COMPTROLLER OF THE CURRENCY

(A) Are issued or drawn for an agricultural purpose, or the proceeds of whichhave been or are to be used for an agricultural purpose;' (B) Have a maturity, at the time of discount, purchase, or acceptance, notexceeding nine months; and

(G) Are secured at the time of discount, purchase, or acceptance by ware-house receipts or other like documents conveying or securing title to nonperish-able and readily marketable agricultural products, or by chattel mortgages orother like instruments conferring a first and paramount lien upon live stockwhich is being fattened for market.

(2) To make advances upon or to discount, rediscount, or purchase, and tosell or negotiate with or without its indorsement or guaranty, notes secured bychattel mortgages conferring a first and paramount lien upon maturing or breed-ing live stock or dairy herds, and having a maturity at the time of discount,rediscount, or purchase not exceeding three years.

(3) To subscribe for, acquire, own, buy, sell, and otherwise deal in Treasurycertificates of indebtedness, bonds or other obligations of the United States tosuch extent as its board of directors may determine.

(4) To act, when requested by the Secretary of the Treasury, as fiscal agent ofthe United States, and to perform such services as the Secretary of the Treasurymay require in connection with the issue, sale, redemption or repurchase of bonds,notes, Treasury certificates of indebtedness, or other obligations of the UnitedStates.

(5) To purchase, hold, acquire, and dispose of shares of the capital stock ofany corporation organized under the provisions of section 207, of this title, in anamount not to exceed at any time 20 per centum of its paid in and unimpairedcapital and surplus.

(6) To purchase, hold, and convey real estate for the following purposes, andfor no others:

(A) Such as shall be necessary for its accommodation in the transaction of itsbusiness.

(B) Such as shall be mortgaged to it in good faith by way of security for debtspreviously contracted.

(C) Such as shall be conveyed to it in satisfaction of loans or advances madeor debts previously contracted in the course of its dealings.

(D) Such as it shall purchase at sales under judgments, decrees, or mortgagesheld by the corporation or shall purchase to secure debts due to it.

(7) To act as custodian, trustee, or agent for holders of notes, drafts, or billsof exchange sold or negotiated under paragraphs (1) and (2) of subdivision (a) ofthis section or under section 207.

(8) To issue, subject to such regulations as the Comptroller of the Currencymay prescribe, collateral trust notes or debentures, with a maturity not exceedingthree years, and to pledge as security for such notes or debentures any notes, drafts,bills of exchange, or other securities held by the corporation under the terms ofthis title. The regulations of the Comptroller of the Currency may prescribethe form of notes or debentures, and of notes, drafts, bills of exchange, warehousereceipts, chattel mortgages, or other instruments which may be pledged as securitytherefor, the provisions which may be made with regard to release, substitution,or exchange of such securities, and with regard to protection, supervision,inspection, and reinspection of the agricultural commodities or live stock pledgedor mortgaged as security therefor.

(b) The United States Government shall assume no liability, direct or indirect,for any debentures or other obligations issued under this title, and all such deben-tures and other obligations shall contain conspicuous and appropriate language,to be prescribed in form and substance by the Comptroller of the Currency andapproved by the Secretary of the Treasury, clearly indicating that no such liabilityis assumed.

(c) Any obligation referred to in paragraphs (1) or (2) of subdivision (a) ofthis section, which is secured by chattel mortgage upon live stock of an estimatedmarket value at least equal to the face amount of such obligation, may be addi-tionally secured by mortgage or deed of trust upon real estate or by other securi-ties, under such regulations as may be made by the Comptroller of the Currency.

LIMITATIONS

SEC. 204. Except as hereinafter provided in section 207 of this title, nonational agricultural credit corporation shall incur liabilities, whether direct orcontingent, in excess of ten times its paid-in and unimpaired capital and surplus;nor shall any such corporation make advances to or hold notes or other direct

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REPORT OF THE COMPTROLLER OF THE CTJBBENCY 125

obligations of any person or corporation, or have outstanding acceptances forany person or corporation, in an amount exceeding 20 per centum of the paid-inand unimpaired capital and surplus of such corporation, unless such advances,notes, acceptances, or other obligations are adequately secured by warehousereceipts representing readily marketable and nonperishable agricultural com-modities, in which event the amount of such advances to, or notes or other directobligations of, or acceptances for, such one person, association, or corporationshall not exceed 50 per centum of such paid-in and unimpaired capital and sur-plus. No such corporation shall purchase, own, or deal in any live stock exceptlive stock taken in the course of liquidation of obligations held by it.

INTEREST RATES

SEC. 205. (a) Any national agricultural credit corporation may charge on anyloan or discount made, or upon any note, bill of exchange, or other evidence ofdebt, interest at the rate allowed by the laws of the State in which such corpora-tion is located.

(b) The taking, receiving, reserving, or charging a rate of interest greater thanis allowed by subdivision (a), when knowingly done, shall be deemed a forfeitureof the entire interest which the note, bill, or other evidence of debt carries withit or which has been agreed to be paid thereon. In case the greater rate of inter-est has been paid, the person by whom it has been paid, or his legal representa-tive, may recover back in an action in the nature of an action for debt twice theamount of the interest thus paid from the corporation taking or receiving thesame, provided such action is commenced within two years from the time theusurious interest was collected.

CAPITAL STOCK

SEC. 206, (a). That no national agricultural credit corporation shall be permit-ted to commence business with a paid-in capital of less than $250,000; and nopermit to begin business shall be issued to any such corporation by the Comp-troller of the Currency until there shall have been filed with him a certificatesigned by the president or treasurer and. by individuals comprising a majority ofthe board of directors of such corporation showing that at least 50 per centumof the authorized capital stock of such corporation has been paid in in cash; andthe remainder of the capital stock of such corporation shall be paid in install-ments of at least 10 per centum each on the whole amount of the capital, andthe entire authorized capital stock shall be paid in within six months from thedate upon which such corporation shall be authorized by the Comptroller of theCurrency to commence business. The payment of each installment shall becertified to the Comptroller of the Currency under oath by the president orcashier of such corporation.

(b) The capital stock of any such corporation may be increased at any timewith the approval of the Comptroller of the Currency by a vote of two-thirds ofthe holders of its issued and outstanding capital stock, or by written consentof all of its shareholders without a meeting and without a formal vote; and maybe reduced in like manner: Provided, That in no event shall such capital stock bereduced to an amount less than one-tenth of its then outstanding indebtedness,direct or contingent, or to an amount less than $250,000, nor without at the sametime reducing proportionately outstanding liabilities. No national agriculturalcredit corporation, except as herein provided, shall withdraw or permit to be with-drawn, either in the form of dividends or otherwise, any portion of its paid-incapital, and section 5204 of the Revised Statutes, prohibiting the payment ofunearned dividends or the withdrawal of capital of national banks, shall be heldto apply to national agricultural credit corporations.

(e) The provisions and limitations contained in section 5139 of the RevisedStatutes, relative to transfer of the shares of the capital stock of national banks,shall apply to national agricultural credit corporations.

(d) Whenever any shareholder or his assign fails, upon demand of the Comp-troller of the Currency, to pay his subscription or any part thereof on stock ofany national agricultural credit corporation subscribed to by him, the directorsof the corporation, after 15 days' notice, shall proceed in the manner prescribedby section 5141 of the Revised Statutes for the collection of unpaid subscriptionsto stock of national banks.

(e) Section 5144 of the Revised Statutes, which relates to the right of share-holders of national banks to vote by proxy, shall be held to apply to shareholdersof national agricultural credit corporations.

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126 EEPORT1 OF THE COMPTROLLER OF THE CURRENCY

REDISCOUNT CORPORATIONS

SEC. 207. (a) That national agricultural credit corporations having an author-ized capital stock of $1,000,000 or over may be organized under the provisionsof this title, to exercise all the powers enumerated in section 203, except that inlieu of the powers conferred in paragraphs (1) and (2) of subdivision (a) of suchsection, such corporations shall have powers—

(1) Upon the indorsement of any national agricultural credit corporation, orof any bank or trust company which is a member of the Federal reserve system,to rediscount for such corporation, bank, or trust company, notes, drafts, bills ofexchange, and acceptances, which conform to the requirements of paragraphs(1) and (2) of subdivision (a) of section 203. Such indorsement shall be deemedto be a waiver of demand notice and protest by such corporation as to its ownindorsement exclusively.

(2) To discount or purchase notes, drafts, or bills of exchange issued or drawnby cooperative associations of producers of agricultural products, provided suchnotes, drafts, or bills of exchange are secured at the time of discount or purchaseby warehouse receipts or other like documents conveying or securing title to non-perishable and readily marketable agricultural products, and have a maturityat the time of discount or purchase not exceeding nine months.

(3) To sell or negotiate with or without recourse any note, draft, or bill ofexchange discounted or purchased hereunder.

(b) National agricultural credit corporations organized under the provisionsof this section, shall not be subject to the limitations contained in section 204,but the Comptroller of the Currency may, by general regulations, from time totime prescribe the amount of indebtedness, direct or contingent, which suchcorporations may incur, and the aggregate amount of paper of different typeswhich such corporations may rediscount for any one corporation.

(c) Corporations with powers limited, as provided in this section, shall not ...besubject to the requirements as to deposit of bonds or other obligations of theUnited States, as provided in section 208 of this title.

Section 210 of the act authorizes the investment in the capitalstock of these national agricultural credit corporations by membersof the Federal reserve system to the extent of 10 per cent of the capitaland surplus of the subscribing member banks.

These corporations, supplemented by the organization of redis-counting corporations, will, it is believed, round out the rural creditsscheme supervised by the Government.

Early in 1923 a number of applications were received for authorityto organize national agricultural credit corporations—one in Iowa,one in Kansas, and one in Texas. There was also received applica-tion for authority to convert an Indiana cattle loan company. Noneof these cases, however, was pursued to a conclusion, the reasontherefor being the fact that paragraph 1 of section 202 of the agri-cultural credit act as originally enacted did not authorize an inter-mediate credit bank to discount the paper of an agricultural creditcorporation organized under the laws of the United States, but onlyauthorized them to discount such paper when the agricultural creditcorporation was organized under tne laws of a State.

On March 4, 1925, this section was amended so as to authorize thediscounting of the paper of agricultural credit corporations organizedunder the laws of any State or the Government of the United States.In May, 1925, an application was made for the organization of thePacific National Agricultural Credit Corporation, at Fresno, Calif.,and later for the conversion of the Atlantic Grovers Corporation ofSouth Carolina. The California corporation having complied withall conditions precedent was authorized to begin business under dateof July 27, 1925, with capital of $500,000 and with the followingstaff of officers and directors:

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BEPOB.T OF THE COMPTROLUEB OF THE CUEEEISTCY 1 2 7

President, T. H. Ramsay; vice president, Harry M. Creech;cashier, Gerald D. Kennedv; directors, Charles F. Stern, W. E.Wilcox, I. W. Hellman, G. D." Kennedy, H. M. Creech, T. H. Ramsay,EL Russell, R. M. Hagen, and A. B. Nordling.

On September 28, the date upon which reports of condition weremade by national banks, the Pacific National Agricultural CreditCorporation made its initial report. The only existing liability wasthe paid in capital stock, amounting to $500,000. The assets wereas follows:Cash on hand and in bank.,. „_„_-____„ $321, 324. 35United States bonds „_„______„ __„„_ 130, 439. 67Loans . . 44, 165. 82Furniture and fixtures -_-_ __ . . - - 395. 10Other assets . 3, 675. 06

500, 000. 00

The only other case pending in connection with this legislation isthe South Carolina case, the conversion of a State corporation intothe Atlantic Growers National Agricultural Credit Corporation.

UHITED STATES POSTAL SAVINGS SYSTEM

Statistics furnished by the Third Assistant Postmaster General,with respect to the Postal Savings System, in years ended June 30,1924-25, showed total resources on the latter date of $138,271,-619.82, which exceeded the amount in 1924 by $801,554.56.

At the close of the year 1924 the balance to the credit of depositorswas $132,814,135. Deposits during the year 1925 amounted to$92,000,349, and withdrawals aggregated $92,641,273, leaving abalance to the credit of 402,325 depositors, June 30, 1925, of $132,-173,211.

Statements showing the financial operations of the Postal SayingsSystem in years ended June 30, 1924 and 1925, and the activities ofthe system in the several States in the year ended June 30, 1925,follow:

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Page 137: Annual Report of the Comptroller of the Currency 1925

Comparative balance sheet for June SOi 1925, and June 30, 1934

Items

RESOURCESWorking cash:

Depository banks. * . _ _.Postmasters

Special funds:Treasurer of United States-

Reserve fundMiscellaneous (working) funds.

Accounts receivable:Accrued interest on bond investments _ _Due from discontinued depository banksDue from late postmasters . . .

Investments, carried at cost price:United States bonds-

Postal Savings 2^'s_ .__Fourth Liberty 4J£'s

Par value$9,752,94026,676,750

36,429, 690

LIABILITIES AND SURPLUS FUNDSDue depositors:

Outstanding principal, represented by certificates of depositAccrued interest on certificates of depositOutstanding savings stamps

Accounts payable:Due Postal Service—-Interest and profitsDue discontinued depository banks _•

Total liabilitiesSurplus funds:

Interest and profits (undistributed earnings) subject to future allocation ofmaturing interest charges

June 30

$97,759,025.37131,101,44

6,640,635.18393,267.54

358,112.16

15,677. 77

9,752,940.0023, 220,860. 36

132,173, 211.003,696,455. 68

61, 231. 90

2,129,359.001,362. 24

,1925

$97,890,126.81

7,033,902.72

373,789.93

32,973,800.36

188,271,619. 82

135,930,898. 58

2,130, 721. 24

138,061, 619.82

210,000.00

138, 271,619. 82

June 30> 1924

$96, 226, 670. 32179,815.83

i - *fcOfi /lftfi /iRfi 1 ^

6,624,100.591, 264,074.02

, , , , , 7 QQQ 1 <7A fil

355,010.1614.49

94, 739.49...,.,._. 410 764 Id

9,504,780.0023, 220,880. 36

_ _ _ . 3 2 ? 725, 640. 36

137,470,065. 26

132,814,135.003, 587,872. 23

62,890. 80136,464, 898.03

780,039,05

- — • >• •• • ' • • — • 7 8 0 , 0 3 9 . 0 5

r 137,244,937.08

225,128.18

,. 137,470,065.26

Increase

$1,532,355.05

1,483, HO, 66

16,534. 59

3,102.00

248,160.00

248,160.00

801, 554. 56

108, 583.45

1, 349, 319. 951, 362. 24

1,350, 6S2.19

816, 682. 74

801, 554. 56

Decrease

$48,714.39

870,806. 48854,271.89

14.4979,061. 7275,974. 21

640,924.00

1, 658. 90533, 999. 45

15,128.18

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Page 138: Annual Report of the Comptroller of the Currency 1925

Comparative statement of interest-earning resources and interest-bearing liabilities for June SO, 1925, and June SO, 1924

Items June 30,1925 June 30,1924 Increase Decrease

EESOUECES—INTEREST-EARNINGWorking cash:

Depository banksInvestments, carried at cost price __

LIABILITIES—INTEREST-BEARINGDue depositors:

Outstanding principal, represented by certificates of deposit..

Excess of liabilities.

$97,759,025.3732,973,800. 36

$130, 732,825.73

132,173,211.00

$96,228,670.3232,725,640. 36

$128,952,310. 68

132,814,135. 00

$1, 532,355.05248,160.00

1,780, 515.05

1,440,385. 27 3, 861,824. 32

$640,924.00

2,421,439.05

Comparative statement of interest and profits for the fiscal years ended June SO, 1925, and June SO, 1924 oo

Items

Credits:Interest on bank deposits _Interest on bond investmentsMiscellaneous receiptsProfit realized on sale of investments

Debits:Interest credited to depositorsAllowances to postmasters'

Losses by fire, burglary, etcErroneous payments, uncollectible items, etc.

Excess of income.

Fiscal year 1925

$2,442,110.481,375,161.52

159.84

2,413,517.17

158.1069,564.80

$3,817,431.84

2,483, 240.07

1,334,191.77

Fiscal year 1924

$1,746, 691.892, 764,373.44

2.705, 743,206. 92

$10, 254, 274.9

3,048,631.07

43.70

3,048, 674. 77

7, 205, 600.18

Increase

$695,418. 59

157."l4"

114.4069, 564.80

Decrease

$1,389,211.92

5,743,206. 926,436,843.11

635,113. 90

565,434. 70

5,871,408.41

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Page 139: Annual Report of the Comptroller of the Currency 1925

Summary of postal savings business for the fiscal year ended June SO, 1925, by StatesOSO

State

Balance tothe credit ofdepositorsJune 30,

1924

Deposits *With-

drawals1

Balance tothe credit ofdepositorsJune 30,

1925

Increase inbalancesto the

credit ofdeposi-tors a

Savings stamps

Sold Re-deemed

Amount atinterest inbanks June

30,1925

Interestreceived

from banks

Interestpaid

depositors

Amountof de-posits

surren-dered

for bonds

United States.

Alabama.-AlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of Columbia-FloridaGeorgiaHawaiiIdaho.. . :Illinois--IndianaIowa.KansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew York—_North CarolinaNorth Dakota..—OhioOklahoma .__.Oregon „.._.

$132,814,135

388,091599,554538, 704162,126

2,645,0511,514,0172,014,963

186,933342,175875, 722271,906

36, 6011,030, 7497,985, 524

773, 266836,356717,353287,365318,557192,100183,631

9,080,3562,649, 6622,032,915

69,4782,962,3942,827,103

301,297274,943423,933

3,985,827282,041

55,804,29654,430

161, 7903,141,9411,092, 7481,870,997

$92,000,349

447, 293732,799137,925

2,213,5441,475,3061,058, 645

94,364319, 931

1,563,839355,472

33,4881,931,1824,185,290

435,0851,513,002

751, 513159, 365199, 69183,511

136,3315,237, 2251,458,0971,761,897

41,5522,340,3843,792,187

236,466210,733

2,542,997888,194

33,336,47888,036

402,5321,526,7361,937,3111,405,047

$92,641,273 I $32,173,211 -$640,924 | $51,888.10 $53,547 $97,898,485.83 $2,442,110.48 $2,304,933. 72

367,298418,028568,918106,693

2,214,0231,034,6901,311,616

124,038286,104

1,291,087258,65148,320

1,366,1454,611,015

466,723712,509429,143186,205215,120114, 524147,918

5,924,1561,842,4861,377,477

36,7831,954,3232,580,859

164,180224,607231,061

3,018,229466,419

38,521,28670,173

167,0941,698,5331,122,4601,256,259

371,455628,819702, 585193,358

2,644,5721,954,6331,761,992

157,259376,002

1,148,474368,727

21,7691,595, 7867,559,799

741,6281,636,8491,039,723

260, 525303,128161,087172,044

8,393,4252,265,2732,417,335

74,2473,348,4554,038,431

336,007

403, 6053,510,595

703,81650,619,488

72,293397,228

2,970,1441,907,5992,019,785

—16,63629,265

163,88131,232

- 4 7 9440,616

-252 ,971- 2 9 , 674

33,827272,75298,821

- 1 4 , 8 3 2565,037

- 4 2 5 , 725-31 ,638800,493322,370

-26 ,840—15,429- 3 1 , 0 1 3- 1 1 , 587

-384,389384,420

4,769386,061

1,211,32834,71011,859

- 2 0 , 3 2 8-475,232

421,775-5,184,808

17,863235,438

-171,797814,851148,788

84.60-0 .8023.4040.80

1,090. 60269.10

1,230. 5026.60

318.00106.00133. 60

46.101,316.80

50.2045.2070.5032.2016.90

118.90111. 10

2, 773.00127. 20129. 5020.10

297.2064.80

161. 2010.90

320. 702,630.40

18.5019,891.50

4.1012.10

722.1081.90

114.10

48

2023

775302

1,45038

353113142

411,677

8243623317

14979

2,95092

13824

33358

157

2,81213

20,6222

1472282

113

321,276. 76640,522. 65

183,255.042.330,967.861,894,126.091,207,889.88

149,088. 51840,872.11

1,033,622. 34342,997.75

22,265.081, 621,371. 725,295,579.82

661,577.111, 626, 743. 32

952,176. 87221,144.07251,579. 50135,647. 55112,042.06

6,699,149.412,151,369.952,382,984.05

81,151. 792,978, 622. 284,121,290. 51

288,604.18240,796. 61305,563.90

2,666,368.08328,356.47

26,572,182.9472, 665.01

402,756.422.461,457.871,896,777.881,923,797.98

8,177. 5215, 642. 4414,115. 204,506. 62

58,531. 3642,578. 7333,423. 584,169.92

23, 564. 9922,008.45

7,315.43703.84

36,092.39136, 822. 70

15,998.9429, 651. 7619,041.035, 696.136,326. 483,639. 652,938. 40

174,430. 7357,444. 9556,240. 22

1,929.1465,299. 6589,871.62

6,848. 495,845. 967,836.69

71,491. 715,997.12

717,516. 641,533.067,515. 63

61,937.8338, 514. 6646,537. 76

6,060. 379,159. 657,750. 963,299. 83

46,371. 4923,761. 4538, 748. 23

3,205. 085,417. 43

14,743. 764,215. 21

560.3213,380.98

141,803. 8016,004. 9311,389. 9312,285. 254,929. 485,493. 344,476. 243,283.98

153,447.6450,515. 2726, 520. 53

1,247. 7848,933. 6334,426. 754,888.076,104.507,913. 73

69,617.132,900.41

997,040. 72841. 76

1,527. 2063.098.9411,512. 5231,542.86

$102,120

7,500

2,5404,000

4,940

5,6001,700

8002,3002,340

1,000

2,0006,1002,50012,0206,000400

1,000

7002,2409,200

7,500

~1~84G

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Page 140: Annual Report of the Comptroller of the Currency 1925

Pennsylvania..Porto RicoRhode Is land-South CarolinaSouth Dakota.TennesseeTexas. . -UtahVermontVirginiaVirgin Islands.Washington . . .West Virginia..WisconsinWyoming--—.

11,564,165155,302935, 311120,031327,980199,119851, 787561,28997,480

268,0283,114

317,7111,129,892467,114

6,011,125217, 292540,113221,963718,238188,449

1,304,580420,87331,917166,7159,757

4,135,928193,034565,300

6,908, 769 I208,131671,327129,569389,495150,002836,436387,02446,616200,4096,325

4,136,273220,460604,191811,093

10,666, 521164, 463804,097212,425656,723237,566

1,319,931595,138

82,781234,334

6,5466,898,572

290,2851,091,0011,348,086

-897, 6449,161

-131,21492,394

328,74338,447

468,144

-33 , 6943,432- 3 4 5

-27 ,426-38 ,891880,972

2,455,1015, 615.80

667. 5022.4036.7027.8099.9010.6035.80183.50

93.8016.9085.1027.60

2,75915,585

7391236191161130161

88165128

9,300,007. 67141, 111. 67654,520. 34

606,091. 72205,084.14

1,125,482. 68580,537. 23

77,670.81230,287.51

6,317,342. 50247,316.89

1,078, 792. 251,067,241. 42

235,619. 283, 373. 86

17,450. 293,651. 42

10,817.494,506. 47

21,245. 6515,098.092,140, 706,277.78

159, 530. 395,999. 55

27, 749. 7620,912. 33

209,548. 622,079.16

17,397. 501, 733. 213,196.393,995. 73

12, 507. 549,536. 781,427. 445,778.19

23.85116,844. 95

5,583. 9520,729. 56

6,131. 70

3,860

'4~866

4~480. . . . . . #

'""leo ""do

2,"l65 g2,100 o

*11 These totals include the amount of $2,292,358 transferred between depository offices. * A minus sign denotes decrease.

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132 BEFOET OF THE COMPTROLLER OF THE CUR&EFCY

SCHOOL SAVINGS BAHKS

Statistics compiled by the savings bank division of the AmericanBankers' Association disclosed a remarkable increase in the enrollmentof school children in school savings banks throughout the 39 Statesand the District of Columbia from which returns were received as wellas a noticeable increase in the number of participating members andin the amount of deposits in the school year 1924-25«

The number of schools represented by the returns for the year1924-25 was 10,183, indicating an increase over the previous year of11.93 per cent; the enrollment was 3,848,632, an increase of 24.35per cent; the number of students participating was 2,869,497, anincrease of 28.31 per cent; deposits of $16,961,560 were increased 13.14per cent; and balances with banks of $25,913,531 were increased 26.81per cent.

Statistics relative to school savings banks in the 39 States listedand the District of Columbia for the year 1924-25, with total figuresfor prior years since 1919-20, are shown in the following table:

School savingSj hy States, for

Num-ber of

schoolsEnroll-ment

Partici-pating Deposits Interest Net savings

AlabamaArkansasCaliforniaColoradoConnecticutDelawareDistrict of Columbia..FloridaGeorgiaIllinois..-IndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNew JerseyNew YorkNorth CarolinaObioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaTennesseeTexas.VermontVirginiaWashingtonWest VirginiaWisconsin

Totals, United States:1924-251923~24_1922-231921-221920-211919-20

1,6191237135604293515238265771838557708464113863

1067703469314358812428

1,3803082602017123212102314

3,1191,933

411,8034,349

112,65015,52428,92219,01463,796176,53590,54396,07327,20761,88847, 96815,27553,275343,403144,388157,4861,00064,5062,60240,678142,326201,36815,606269, 26244,7712,545

729,00183,062

84033,90420,0005,08467,38099,54551,96398,038

2,7761,879

196,6612,38470,40720,176

"I2,"O2242,661130,32868,16149,27821,94244,49436,77210,64131,197166,38796,746133,2481,00044,9221,87216,879105,057460,07312,486212,09030,6651,690

486,30681,921

40034,4192,1291,87550,20586,035

72,617

$13,814.968,629.77

995,072. 4311,849.30606,303.46143,352. 7639,889.3047, 664. 90156,456. 01

1,002,433.16429,488. 43375,453. 0173,428.18222,102. 9257,153. 2825,562. 8599,381. 65981,090.19656,881.23522,010. 758,205. 89

212,845.583,120. 76

232,096.15821,921.20

2,285,869.3234,685. 64

1,168,699.49193,583.469,233.71

3,222,872. 48789,095.74

891. 5677,489.666,778.807,470.54

217,925.13557,137.891140,066.97503,572.21

$196. 6164.97

93,373.70125.81

12,959.014,365.41

2,684.5318,284.4110,527.1412,671.951,333.704,974.90

1,131.12332.36

15,771. 5216,901.772,651.91

1,713.67

1,960.1820,772.9237,657. 55 1,

699.0037,553.74

759. 26370.89

94,056.39123,974.63

26.063,210.02

498.714,663,5717,781.183,230.8110,793.41

$3, 656. 942,509.18

659,476.054,461.04

405,519.0259.284.9839,889.3034,818. 2959,539.83317,310.03159,415.34125,603.9827,534. 7545,119. 4212,156. 3317.850.9968,109. 03

617,130. 28207,380.63385,007.58

4,682, 6198,425. 082,129.88

37,781.52458,450.12

,489,125.3613,398.28

338,642. 07178,497.84

3,720.52, 013,815.44252,359.74

457. 8428,467.396,778.806,476.43

48,433.69326,119.1449,547.30

170,840. 51

$10, 426, 084,935.96

3,339,880.7750,278.04

992,433. 45177,903.0139,889.3035,105. 71

200,954.151,138,221.79

538,903. 78544,742.7679,889.31

270,120.05113.940.0245.110.1186,080. 82

1,514,009.12945,806. 23936,105.14

4, 682. 61190,942. 78

4,258.32321,619.48

1,245,888.432,783,250.61

39, 505. 631,799,740. 89

594.646.0316,106.48

4,745,931.521,080,040.98

1,779.47201,674.30

6,778.8015.494.12

222,086. 71704,540. 97224,692. 66645,134.96

10,163 3,848,632 2,869, „.,. „ ,9,080 3,095,012 2,236,326 14,6,6M 3,061,05311,907,851 '"4,78512,241,7051,295,6073,3161,829,475 802,9002,7361,015,653 462,651

497 16,961,560.721458,072.81 7,779,922. 55 25,913,531.15[, 991,535.40 310,865.918,556,991.27 20,435,144.64

10, C31,838. 69!184,645.27 11,807, 085. 595,775,122.32L 6,479,286. 994,158,050.151 5,185,280.93% 800,301.1S| — 4,200,872.32

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BEPOBT OF THE COMPTROLLER OF THE CURRENCY 1 8 8

SAVXFGS BAFKS IH PEIMCIPAL COUHTEIES OF THE WOELB

Statistics compiled by the Bureau of Foreign and Domestic Com-merce, Department of Commerce, relative to savings banks, includingpostal savings banks, in the principal countries of the world, onspecified dates, supplemented by information obtained from reportsreceived in the Currency Bureau from other sources are shown in thefollowing statement:

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Savings banks, including postal savings banks, number of depositors, amount of deposits, average deposit per deposit account and per inhabitant,by specified countries

(Source: Official reports of the respective countries

CO

CountryPopula-tion (000omitted)i

Date of report Form of savings bank

Numberof de-

positors(thou-sands)

Deposits(thousandsof dollars)

$15,16434,13488,30141,0391,917

39,779303,310341,614

7,07238,0923,138

571,300223, 980

8861,396

466, 735404, 728151, 271483,359

3,9709,655

88,743115, 930

7,86240082

367, 581229,108

16, 552642,90839,905

545, 738494,886

1,180, 56874, 018

818,402224, 28827,422

Averagedeposit,account

$22.28

22.58

31.72108.43214.9961.6070.0624.2464.0331.1643.19

292.58

19.1917.888.676.07

135.1959.5432.7528.5716.46

197.47125.3939.16

264. 5755.62

193. 68215. 5964.1535.43

210. 59305.09219.85

Averagedepositper in-

habitant

ArgentinaAustria2

BelgiumBrazil.-BulgariaChile 8C zechoslovakia_ _Denmark *EgyptFinland

France-Algeria .Tunis. _

Italy

JapanFormosa...Chosen....

NetherlandsDutch East I nd i e s -Dutch GuianaDutch West Indies..

NorwaySpain

SwedenSwitzerlandUnited Kingdom..

British India «.AustraliaNew Zealand..

6,2407,666

30,6365,9153,870

13,6113,348

13,8853,435

39,2105,5642,095

39,660

59,4603,614

17,208

Dec. 31,1922Dec. 31,1924Dec. 31,1923Sept. 30,1923Dec. 31,1924Dec. 31,1923

doMar. 31,1923Dec. 31,1923

/....dot—do/Dec. 31,1922L.-.doDee. 31,1918Dec. 31,1923

/Dec. 31,1924\____doJDec. 31,1922\Mar. 31,1923

.do.

Postal „ . . .Communal and privateGeneralFederalPostalPublic _Communal and privateCommunal and corporate-PostalPrivate...-PostalPrivate.. „PostalMunicipalPostalCommunal and corporate. .Postal..

7,21349,351

9555

2,714

21,658

6,036

do/Dec. 31,1921\Dec. 31,1923Dec. 31,1922Dec. 31,1921

.do.

Private.Postal...

.do—

Dec. 31,1923rDec. 31,1922

do.

44,677

247,0035,8741,325

•ec. 31,1924...do>ec. 31,1918

/Nov. 20,1924\Dec 31,1923Mar. 31,1924Dec. 31,1924

/Mar. 31,1925{....do

. . . . .do. .Private.Postal...

.do.....do....do..

Communal and private.PrivatePostal-Communal and trustee—PostalCommunal and private.TrusteePostal—

.do..Government and private..PostalPrivate ,

681

1,2542,7971,589

115544129

8,9227,189

215

7,88327,066

4581,590

6561,947

240145

1,8611,827

4232,430

7172,8182,296

18,4042,089

735125

$1.745.47

11.521.34.32

10.2822.28

102.03.51

11.09.91

14.575.71.16.67

11.7710.202.548.131.10.56

12.3016.07

.164.201.50

135.4410.58

.76106.51

6.61140.4411.0826.42

.30139.34169. 2720.70

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Page 144: Annual Report of the Comptroller of the Currency 1925

Canada -Union of South AfricaBritish West IndiesBritish colonies, n. e. S

Foreign countries, total...United States and possessions. -Philippines

Grand total

9.2277,1751,749

44,464

1924I Mar. 31,1924\Mar. 31,1923

Dec. 31,19211921

716,619115,82110,870

843,310

June 30,1925do

Government, postal, and special,.Postal ___PrivateGovernment and post office

do

(Postal Savings System.\Mutual and stockPostal

29217

115330

105,381402

14,540171

120,494

97,71022,4754,8207,58414,604

8,252,432132,173

9,065,1812,764

17,452,550

76.86277, 2865.8644.25

68.3832S. 79623.4616.16

144.84

10.5931.326.724.34

11.511.14

78.27.25

20.70

i The figures of population are for the nearest date to which the statistics of savings banks relate.s Exclusive of the Burgenland.8 Includes savings deposits in ordinary banks,* Exclusive of the Faroe Islands.6 Exclusive of the feudatory States.The average deposit for the total has been calculated on the amount of $7,206,169,000, the total for the countries showing the number of depositors (exclusive of Austria, Brazil,

Bulgaria, Italy, and Canada).The amounts in original currencies have been converted at the New York rate of exchange prevailing on date of report. The Canadian dollar has been taken at par. 8

Ohj

H

waw

B

Co

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186 BEPOET OF THE COMPTKOLLEB OP THE CURRENCY

EESOUECES OF LEADING- FOBEIGUT BAffKS OF ISSUE

The combined resources of 26 foreign banks of issue, converted atthe existing rates of exchange, on or about June 30, 1925, amountedto $12,040,233,000, compared with resources of 22 banks of issue,on or about June 30, 1924, amounting to $10,733,463,000.

During the year ended June 30, 1925, two new currency unitswere created—the German reichsmark, equivalent to the pre-warmark, worth 23.82 cents, and the Austrian schilling, equivalent to14.07 cents, which replaced at the rate of 1 to 10,000 the crown whosopar value had been 20.26 cents. Among the countries listed belowthe currencies of England, South Africa, the Netherlands, andSwitzerland returned to gold parity.

In the case of a number oi countries whose currencies are belowparity the statements of the central bank make no distinction be™tween gold assets and paper assets. When these statements areconverted into dollars at the current rate of exchange the resultingfigure undervalues the bank's resources.

A statement prepared by the Federal Reserve Board, showing totalassets of 26 banks of issue on or about June 30, 1925, the par ofexchange, and conversions into dollars at par of exchange and atprevailing rates of exchange follows:

Total assets oj principal central banks about June 80, 1925[In thousands of local currency and of dollars]

Austria .Belgium.™ _ -.» - —BulgariaCzechoslovakiaDenmark „ . _.._England-_Finland.. ...France.-Germany _ __Greece —Hungary _._-Italy (3 banks)Netherlands ..Norway „ -.Poland . . .Rumania -Russia .,Spain. __. —Sweden «.Switzerland- _._YugoslaviaPeru. „Japan. _Java ..»——South Africa „Portugal-_

June 30June 25June 30

. . . do . - . ,do.

Total-

Date,1925

July 1June 30June 25June 30

.do. . .do-- . ....doJune 29June 30—do—..June 20July 1June 27June 30

do....do.. .do--. .June 27

d. .do.July

Localcurrency

SchillingFrancLev._.Krone

.do.PoundMarkFrancEeichsmark.DrachmaKrone.LiraFlorinKroneZloty_LevCherwonetz.PesetaKronaFranc.DinarPoundYenFlorinPoundEscudo

TotalRate of

exchangeon

givendate

1,346, 5627,871, 2007, 639, 3738,975, 957

662,134320, 207

2,105,25048,272, 491

4, 251,1429, 438, 678

), 647, 426, 86226,218, 555

994, 727623, 581723, 635

27,526, 622271,610

6, 256, 017848, 652995, 213

8,945, 8027,659

2, 241, 435380,320

17,1354,102, 788

Cents14.0514.60.73142.962320.16486.042. 52184.6523.801. 6783.00143.5140.0717. 8819.18.46185.14114. 5226.8019.421. 74594.13040.6541.00485. 00

5.10

Totalassetscon-

vertedat rateof ex-

changeon given

date

189,205362, 07555, 874

i 265, 895133, 486

1, 556, 33153, 090

2,244, 0711, 011, 772158, 221135, 084825,884398, 587111, 496138, 793127,118

1,396, 347908, 374227, 439193, 270156,18531, 632911,143155, 93183,105209, 242

i 12,040,23.8

1 The apparent reduction compared with last year is due to the separation of certain treasury accountssince the beginning of the current year.

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REPORT OF THE COMPTROLLER OF THE CURRENCY 1 3 7

EXPENSES OF THE CUEEElSrCY BUBEATJ

By reference to the table following, showing in detail expensesrelating to the maintenance of the Currency Bureau for the fiscalyear ended June 30, 1925, it will be noted that the aggregate expenseswere $4,954,164.86, of which $1,140,444.97 were paid from appro-priations and $3,813,719.89 reimbursements by the banks. Thesalary rolls aggregated $412,613.12, of which $223,909.40 were paidfrom appropriations and the remainder from a fund reimbursed bythe banks.

Taxes paid by national banks on circulating note issues amountedto $3,661,819,45. Deducting from this amount the expenses of thebureau paid from congressional appropriations, $1,140,444.97, leavesthe net income to the Government on account of the tax on circula-tion at $2,521,374.48.

Expenses incident to maintenance of Currency Bureau and net income derived byGovernment from taxes on national-bank notes, fiscal year ended June 30, 1925

Expensespaid from ap-propriation

Expensesreimbursedby banks

Totalexpenses

Salaries:Regular roll, including retirement fund „National currency reimbursable roll, including retirement

fund _ _.„Federal reserve issue and redemption division, including

salary of comptroller as member of Federal ReserveBoard___ _ _ _

Insolvent national-bank division __...-.._._, . -Total salaries

General expenses:Printing and binding. . . . . ._„.._.„Stationery „Amount expended for light, heat, telephone, telegraph,

furniture, labor-saving machines, etc., partially esti«mated „

Special examination of national banks, repairs to macer-ator, etc

Total general expenses .__„Currency issues:

National-bank notes—Paper ._ „ ,_-_Printing, etc __„_ _Plates (reimbursed)

Federal reserve n o t e s -Paper _Plates, printing, etc

Total currency issues .__.Expenses on account of national-bank examining service paid

by banks _ __Postage on shipments of national-bank notes _ _.Postage on shipments of Federal reserve notes _Insurance on shipments of national-bank notesInsurance on shipments of Federal reserve notes

Total expenses paid from appropriations _ _Total expenses reimbursed by banks— _._

Total expenses

$223, 909. 40

$67,903. 99

59, 845. 55GO, 954.18

24,013. 817, 961.47

3,986. 51

1,932. 26

4, 683.181, 520.18

5,195. 01

113,817. 43764,824. 09

22,133. 00

242, 694. 53947,590. 72

2,199,807. 4.679, 820.1848,145. 9224, 785. 0348, 640. 96

1,140,444. 973,813,719.89

$412,613.12

49,292. 42

2, 091, 059. 77

2,199,807. 4379.820.1848,145. 6224,785. 0348, 640. 96

4,954,164.88

Tax paid by national banks on circulating notes $3,661,819.45Total expenses of Currency Bureau paid from congressional appropriations , 1,140,444.97

Net income to Government from taxes on circulation >- « . - . — - 2,521,374.48

Respectfully submitted.J. W. MCINTOSH,

Comptroller of the Currency*

To the SPEAKER OF THE HOUSE OF REPRESENTATIVES*

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APPENDIX

139

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DIGEST OF DECISIONS BELAIIM TO NATIONAL BANKS

[The following Federal cases were reported in vois. 263-267, and pages 1 to 485, vol. 268, United StatesReports and vols. 1 to 6 Federal Reporter, second series. In addition to the Federal cases, 23 selectedState cases have been taken from the Atlantic, Pacific, Northeastern, Northwestern, Southern, andSoutheastern Reporters, and one from the New York Supplement]

CAPITAL STOCK

RESTORATION OF IMPAIRED CAPITAL

Bank selling stockholder's stock to collect assessment ordered to strengthen capital heldnot entitled to personal deficiency judgment against stockholder.

(N. C. Sup. 1925.) Bank which assessed its stockholder pursuant to BankingLaw, 1921, section 25a, as added by Public Laws Extra Session, 1921, chapter56, section 3 (similar to National banking act (U. S. Comp. St. sec. 9767))to strengthen its impaired capital, held not entitled to personal judgmentagainst stockholder for amount of assessment in excess of sum realizedfrom sale of his entire stock pursuant to section 3; its remedy beingrestricted to a sale of stockholder's stock. (Elon Banking & Trust Co. v.Burke, 126 S. E. Rep. 163; 89 N. C. 69.)

Phrase "payable in cash" as found in amendment to general banking act construed.(N. C. Sup. 1925.) Under Banking Law, 1921, section 25a, as added by

Public Laws Extra Session, 1921, chapter 56, section 3, providing that theassessment levied against the stockholder to strengthen impaired capitalis "payable in cash," the quoted phrase means the amount of the assess-ment is presently due, and its payment presently enforceable, but onlyby the methods the statute specifies, to wit, a sale of the stock. (Ib.)

CHECKS

Bank is liable for knowingly permitting agent to control funds of principal.(U. S. C. C. A. 1925.) A bank which, with knowledge that funds belong to

a principal, permits an agent to deposit them to his own credit and with-draw them by his individual checks for his own uses, is liable to the principalif the agent embezzles the funds, unless he acted within the apparent scopeof his authority, or the principal, with knowledge of his acts, permitted orratified the same. (Oklahoma State Bank v. Gallon Iron Works & Mfg.Co., 4 Fed. Rep., 2d series, 337.)

Estoppel—Requisites of equitable "estoppel," stated.(U. S. C. C. A. 1925.) To constitute an "estoppel," in the absence of false

representations by the party sought to be estopped, he must have beenguilty of such conduct as to have given the person pleading the estoppelreason to believe that a state of facts existed inconsistent with those nowasserted against him and in reliance on which he acted. (Ib.)

Plaintiff held, not estopped to assert liability of bank for sums embezzled by its agentthrough unauthorized acts of the bank.

(U. S. C. C. A. 1925.) Evidence held to show that plaintiff had no knowledgethat defendant bank was discounting warrants payable to plaintiff onindorsement by its agent, placing the proceeds to-fche credit of the agent,and permitting him to withdraw the same on his personal checks, and thatplaintiff was not estopped to assert defendant's liability for the amountin that manner embezzled by the agent. (Ib.)

Interest—On recovery for money converted or due on an implied contract, plaintiff isentitled to interest.

(U. S. C. C. A. 1925.) On recovery on an implied contract for payment ofmoney or for conversion of money, plaintiff is entitled to interest. (Ib.)

141

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142 REPORT OF THE COMPTROLLER OF THE CURRENCY

Bankruptcy trustee held not entitled fo recover fund which had legally vested in anotherbefore bankruptcy.

(U. S. D. C. 1924.) Where a bank received and credited to a depositor acheck given by another depositor which had funds sufficient to pay it,and which, so far as the bank knew, was solvent, though in fact insolvent,the transaction between the parties was completed and the bank wasrequired to apply so much of the drawer's funds as necessary to the pay-ment of the check, and the fact that it failed to do so does not entitle thetrustee of the drawer, on its subsequent bankruptcy, to claim the fund.(In re Smith, Lockhart & Co., trustee in bankruptcy, v. Mercantile Trust& Deposit Co., 3 Fed. Rep., 2d series, 444.)

Bank held to have made illegal disbursement of funds of bankrupt estate.(U. S. D. C. 1924.) On the day of bankruptcy but before the filing of the

petition and without knowledge of its insolvency, the bank in whichbankrupt was a depositor received checks given by it through the clearinghouse and charged the same to its account. By the clearing-house rulesit had the riglrt>to return the checks at any time before 12 o'clock, and bycustom the time limit might be waived and return permitted up to thetime of closing of the exchange for the day. Learning of bankrupt'sembarrassment and fearing that it might not have sufficient funds ofbankrupt because of uncollected checks deposited, the bank sought andreceived permission to return the checks and duly credited them to bank-rupt's account. This was after 12 o'clock and after filing of the petition.Later, finding that it had sufficient funds, the bank refunded the amount ofthe checks to the presenting banks. Held, that the waiver of the timelimit by the presenting banks and acceptance of return of the checks putthe parties in the same position as when the checks were first presented;that the bank was not legally bound to make the refund and was withoutright to do so from funds which then belonged to the bankrupt estate. (Ib.)

CERTIFICATION OF CHECKS

Drawer discharged of liability on check, where payee caused it to be certified by bankon which it was drawn.

(U. S. C. C. A. 1925.) Drawer was discharged of liability on check givenin payment of goods, in view of General Laws, Massachusetts, chapter 107,sections 210, 211, where payee caused check to be certified by bank onwhich it was drawn, which deducted and charged drawer's account wjlthamount thereof and then closed its doors, and drawer lost any dividendsto which he would have been entitled on amount of check. (Linsky v.United States, 6 Fed. Rep., 2d series 869.)

Drawer of check, certified at his request before delivery, may stop payment to payeeobtaining check by fraud.

(N. J. App. 1924.) A drawer of a check, which has been certified at hisrequest before delivery, may recall the same and require the certifyingbank to refuse payment to the payee named therein, if such payee is nota bona fide holder for value, but has obtained the check by fraud per-petrated by him upon the maker. (Sutter v. Security Trust Co., 126Atl. Rep. 435.)

Rule stated as to defenses open to bank sued by payee of check, certified at request ofdrawer, but who has stopped payment.

(N. J. App. 1924.) Upon suit by the payee named in the check against thecertifying bank upon its refusal to pay, after notice from the drawer tostop payment, for reasons showing the payee not to be a bona fide holderthereof for value, the bank can urge and have the benefit of any defensethat the drawer could have against such payee, establishing that suchpayee obtained the instrument, or any signature thereto, by fraud, duress,or force and fear, or other unlawful means, or for an illegal consideration.(Ib.)

Rule stated as to right of drawer of check, certified at his request, to stop paymentas against indorsee not in due course.

(N. J. App. 1924.) The right of the maker of a check, certified at his requestbefore delivery, is the same against an indorsee holder, who is not a holderin due course, as is his right to stop payment against the payee who is nota bona fide holder for value. (Ib.)Digitized for FRASER

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REPORT OF THE COMPTROLLER OF THE CURRENCY 1 4 3

Drawer of check, certified at his request before delivery, can not stop payment asagainst bona fide holder; drawer of check, certified after delivery at request of payeeor holder, can not slop payment.

(N. J. App. 1924.) Such rule has no application to a certified check held bya payee who is a bona fide holder for value, nor to a holder in due course,although certified at the request of the drawer before delivery, nor wherethe check, after delivery, is certified at the request of the payee or holder,db.)

CLEARING HOUSE

Time of payment-of checks presented through clearing house.(U. S. D. C. 1924.) In contemplation of law, payment of checks presented

through a clearing house has not been made until expiration of the timewithin which, under the clearing-house rules, the presenting banks arebound, on demand, to accept their return. (In re Smith Lockhart & Co.,Trustee in Bankruptcy v. Mercantile Trust & Deposit Co., 3 Fed. Rep.2d series, 444.)

Clearing-house rules may be waived.(U. S. D. C. 1924.) The rules made by the members of a clearing house for

their mutual convenience and protection may be waived by the bankwhich they aim to protect. (Ib.)

Clearing-house rules may have a bearing on rights of outside parties.(U. S. D. C. 1924.) While the rules of a clearing house are not of their own

force binding on persons not members, such rules and the practice underthem may have a bearing on rights of third persons. (Ib.)

COLLATERAL SECURITIES

Maker not entitled by virtue of his equitable right of set-off as against payee to haveaction stayed until indorsee has exhausted other collateral held by it as securityfor debt.

(U. S. Sup. 1925.) A note made to the order of a bank in which the makerhad a deposit was indorsed by the payee to another bank as partial secur-ity for a larger indebtedness owed by the first bank to the second. Thepayee bank became insolvent and the indorsee sued the maker on thenote. Held that the maker was not entitled, merely in virtue of hisequitable right of set-off as against the payee, to have the action stayeduntil the indorsee had exhausted other collateral held by it as securityfor the debt owed it by the payee—at all events, not in the absence of thepayee as a party. 294 Fed. 798, affirmed. (Sowell v. Federal ReserveBank of Dallas, 268 U. S. R. 449.)

Factors.—One advancing money to pay for property and taking title is owner as tothird parties.

(U. S. C. C. A. 1925.) Where one pays for and takes title to goods bought,he acquires the rights of an owner thereof, though the goods were boughtat the instance of and for the ultimate use and profit of another, who byagreement is entitled to acquire ownership by complying with statedconditions. (Sugarland Industries et al. v. Old Colony Trust Co., OldColony Trust Co. v. Sugarland Industries, 6 Fed. Rep., 2d series, 203.)

Factors.—Trust certificates held to recognize ownership of bank.(U. S. C. C. A. 1925.) Defendant, a sugar refiner, contracted with an im-

porter of raw sugar to receive and make advances on sugar imported,refine and market the same, and account for the proceeds, less its advances,and refining, handling, and selling charges. Complainant bank advancedthe money to pay for certain cargoes imported, and took title thereto,which it transferred to defendant, on payment by it of the agreed advances,taking a trust receipt for each cargo, providing that it should be refinedand sold by defendant, and the proceeds accounted for to complainant,after deducting the charges in accordance with defendant's contract withthe importer. Held, that as to each cargo there was a separate contract,that as between complainant and defendant complainant was the ownerof the sugar, and that defendant was without right to deduct from theproceeds any indebtedness due it from the importer arising out of the con-tract between them. (Ib.)Digitized for FRASER

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Contract that security given for a debt should be held for any other indebtedness ofthe debtor held valid.

(U. S. C. C. A. 1925.) Where complainant bank advanced money to payfor cargoes of sugar imported, taking title thereto as security, a provisionof the contract with the importer that it should also hold such title assecurity for any other indebtedness of the importer to it held valid andenforceable, as against a third party having claims against the importer.(Ib.)

COLLECTIONS

Effect of waiver or presentment, notice of nonpayment and diligence in collectingstated.

(U. S. Sup. 1925.) Failure to present a promissory note for payment at thepayee bank, where it was payable and where the maker had sufficient funds,or to give notice of dishonor, held not a defense to an action against themaker by the indorsee holder, in view of provision in the note waiving"protest, notice thereof and diligence in collecting," and the negotiableinstruments law in Texas, giving effect to such provisions. (Sowell v.Federal Reserve Bank of Dallas, 268 U. S. R. 449.)

Indorsement of checks in blank and deposit for transmission and collection held notto transfer title to bank.

(U. S. C. C. A. 1925.) Where checks were indorsed in blank and depositedfor transmission and collection, and bank credited customer's account,subject to right to charge checks back if payment was not received, titleto checks was not transferred to bank. (First Nat. Bank of Denver v.Federal Reserve Bank of Kansas City, Mo., 6 Fed. Rep., 2d series, 339.)

Bank accepting check for collection undertakes collection as independent contractor,and there is no privity between owner of check and correspondent bank.

(U. S. C. C. A. 1925.) Initial bank, accepting check for collection, under-takes collection as independent contractor, in absence of statute or contractto contrary, and there is no privity of contract between owner of checkand initial bank's correspondent. (Ib.)

Bank may agree to receive check for transmission, and become responsible only forgood faith and discretion in choice of its agent.

(U. S. C. C. A. 1925.) Duties and responsibilities of bank receiving check forcollection depend on contract with owner of check, and it may agree toreceive check solely for transmission to its correspondent, and thus becomeresponsible only for good faith and due discretion in choice of agent. (Ib.)

Distinction between accepting check ufor collection" and "to be transmitted forcollection" stated.

(U. S. C. C. A. 1925.) Where bank receives check "for collection," it under-takes as independent contractor to collect check by all proper means,and its responsibility extends to such means, by whomsoever used; but,where it agrees to transmit for collection, its sole responsibility is to selectand transmit to a competent agent with proper instructions. (Ib.)

First bank to accept bill of exchange for collection becomes agent of and liable toowner thereof.

(U. S. C. C. A. 1925.) Where owner of bill of exchange indorses and delivers itto bank to transmit for collection, first bank accepting it for collectionbecomes agent of, and liable to, owner. (Ib.)

Correspondent presumed to have accepted checks for collection without limitingliability, burden being on it to prove contrary.

(U. S. C. C. A. 1925.) Correspondent bank to which checks were transmittedfor collection, is presumed to have accepted them for collection withoutlimitation as to its liability, and burden is on it to show contrary, and itwas therefore immaterial whether correspondent bank knew that trans-mitting bank had limited its liability, since its liability for its negligencewas same, whether it acted as agent for transmitting bank or for owner.(Ib.)

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Principal and agent—Agent's contract inures to benefit of undisclosed principal.(U. S. C. C. A. 1925.) Where agent, acting within his authority, enters into

simple contract in his own name for benefit of undisclosed principal,contract inures to. principal's benefit, and principal may sue in his ownname for breach thereof or of legal duty growing out of it. (Ib.)

Principal and agent—Defenses available against agent are available against undis-closed principal.

(U. S. C. C. A. 1925.) Defenses available against agent to person contractingwith him without knowledge of agency are available against undisclosedprincipal. (Ib.)

Correspondent bank held liable to owner of checks transmitted to it for collectionm(U. S. C. C. A. 1925.) Where checks were indorsed in blank, to be transmitted

for collection under agreement that "this bank will observe due diligencein its endeavor to select responsible agents, but will not be liable in case oftheir failure or negligence," correspondent to which bank sent checks forcollection, and which did not limit its liability, was liable to owner ofchecks for breach of its legal duties in collecting checks. (Ib.)

Collecting bank held liable to owner of checks for loss sustained in accepting drawee'sdraft on another bank.

(U. S. C. C. A. 1925.) Federal reserve bank, to which checks were trans-mitted for collection, which accepted draft of drawee on another bank inpayment, was liable to owner of checks for loss sustained, in absence ofauthority to accept anything other than monev in payment of checks.(ib.)

Regulation of Federal Reserve Board held not to authorize Federal reserve bank toaccept draft in payment of check.

(U. S. C. C. A. 1925.) Regulation of Federal Reserve Board, authorizingFederal reserve bank to act as agent for collection of cheeks on otherbanks and to send checks to drawee banks, held not to authorize Federalreserve bank, in collecting check, to accept from drawee bank a draft inpayment thereof. (Ib.)

Stipulation in bank book held to entitle bank to charge back against depositor'saccount amount of dishonored checks.

(U. S. C. C. A. 1924.) Stipulation in bank book, "All out of town itemscredited subject to final payment/ ' gives bank right to charge backagainst depositor's account checks for which credit is entered, if dis-honored. (City of Douglas v. Federal Reserve Bank of Dallas, 2 Fed.Rep., 2d series, 818.)

Depositor7s right of action for negligence in collection of check is exclusively againstinitial bank of deposit, and not negligent bank, to which it is sent for collection.

(U. S. C. C. A. 1924.) Depositor, who deposited check on out of townbank, forwarded for collection to third bank, could not sue third bank fornegligence in collection of check, but his right of action was exclusivelyagainst initial bank, notwithstanding stipulation in his bank book, "Allout of town items credited subject to final payment," there being noprivity of contract between depositor and third bank. (Ib.)

Bills and notes—Payment of check by drawee discharges drawer.(U. S. C. C. A. 1924.) Payment of check by drawee discharges drawer.

(Ib.)Credit of checks received by reserve bank; regulation of Reserve Board held valid.

(U. S. D. C. 1924.) The provision of Regulation J of the Federal ReserveBoard that checks received by a Reserve bank from member banks willbe counted as reserve or become available for withdrawal only from adate fixed by a time schedule based on experience of the average timerequired to collect checks, and that reserve bank acts only as agent, is notin violation of Federal reserve act, section 16 (12) being Compiled Statutes,section 9799, providing that "every Federal reserve bank shall receive ondeposit at par from member banks or from Federal reserve banks checksand drafts drawn upon any of its depositors," especially in view of theprovision of section 19, as amended in 1917 (Comp. St. 1918, Comp. St.Ann. Supp., 1919, sec. 9801), that the reserve of member banks shall bean "actual net balance." (Pascagoula Nat. Bank v. Federal ReserveBank of Atlanta et al., 3 Fed. Rep., 2d series, 465.)Digitized for FRASER

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Check received for collection not received on "deposit."(U. S. D. C. 1924.) A check received by bank only as agent and without

assuming any liability except for its own negligence, and guaranty ofprior indorsements, is received for collection and not on "deposit" inthe common sense of the word, as in a general deposit the check becomesat once the bank's property who owes the depositor the face of the checkor other agreed sum. (Ib.)

"Net" and "actual" as applied to reserve defined.(XL S. D. C. 1924.) Within Federal reserve act, section 19, as amended in

1917 (Gomp. St. 1918, Comp. St. Ann. Supp. 1919, sec. 9801), providingthat reserve of member banks must be an actual net balance, "net"means that all proper charges and deductions have been made from theaccount, and "actual" excludes what is merely fictitious or supposed.(Ib.)

Reserve bank not chargeable with excnange on remittance from member bank inpayment of check.

(U. S. D. C. 1924.) The provision of Federal reserve act, section 13 (1),as amended in 1917 (Comp. St. 1918, Comp. St. Ann. Supp. 1919, sec. 9796),permitting banks to make reasonable charges for collection or payment ofchecks and drafts and remission thereof, but providing that "no suchcharges shall be made against the Federal reserve banks," is valid, andprohibits a member bank from cha/.-ging exchange on checks drawn on itselfand received for payment and remission from a Federal reserve bank.(Ib.)

Reserve bank may collect from member banks checks received from outside its district.(XL S. D. C. 1924.) Under Federal reserve act, section 13 (1), as amended

in 1917 (Comp. St. 1918, Comp. St. Ann. Supp. 1919, sec. 9796), Federalreserve banks may collect for other Federal reserve banks checks anddrafts drawn on its members or checks sent to it by a member bank ofanother district by the authority and for the account of reserve bank ofthat district. (Ib.)

Constitutional law—Provision of Federal reserve act held not to deprive bank ofproperty without due process of law.

(XL S. D. C. 1924.) The Federal reserve act, in requiring a member bank topay without deduction checks drawn on it when presented by its reservebank, whether paid over its counter or by check on its own deposit else-where, does not compel such payment by check, and does not deprive itof any property or right without due process of law. (Ib.)

Under agreement with collecting bank, its correspondents held agents of depositor.(U. S. D. C. 1925.) Where a check was deposited in a bank for collection

and credit, subject to an agreement that "this bank acts only as collectingagent and assumes no liability on account of delay or loss while items arein transit or until it receives final actual payments from its correspond-ents," the correspondents through which it sends the check for collectionare not its agents, but agents of the depositor, and any right of actionagainst them for delay or default is in the depositor. (Capital Grain& Feed Co. v. Federal Reserve Bank of Atlanta, 3 Fed. Rep., 2d series,614.)

Duty of collecting bank primarily governed by local law and usage.(U. S. D. C. 1925.) The duty of a correspondent bank receiving a check

for collection is primarily regulated by the law and the custom of bankingat the place where it does business, but may be affected by special instruc-tions given or agreements made. (Ib.)

Collecting bank not negligent in forwarding check direct to drawee.(U. S. D. C. 1925.) Under Acts, Georgia, 1919, page 207, section 36, and

Acts, Alabama, 1919, page 856, section 1, similar statutes providing thatchecks drawn on a bank in another city, within or without the State,may be sent for payment by the collecting bank direct to the draweebank without incurring liability, provided it has used due diligence inother respects, a collecting bank located in either of those States is notchargeable with negligence for following such practice. (Ib.)

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Special circumstances may require extra effort by collecting bank.(U. S. D. C. 1925.) If a collecting bank has knowledge that the drawee bank

is in failing condition and liable at any time to suspend, due diligence mayrequire that some extra effort at collection be made. (Ib.)

Collecting bank accepting draft in payment takes the risk of its being paid.(V. S. D. C. 1925.) It is the general rule of law that a collecting bank, which

accepts in payment of the check to be collected the draft of the draweeon another bank, takes the risk of the draft being paid. (Ib.)

Payment—State law permitting banks to pay checks in exchange held unconsti-tutional.

(IT. S. D. C. 1925.) Act, Alabama, September 30, 1920 (Acts, 1920, p. 36),providing that, when a check is presented or forwarded to the payeebank for payment through another bank or agency, it may at its optionpay or remit the same in money or in exchange drawn on its reserveagent, is unconstitutional and void as an attempt by the State to makea class of debts payable at the option of the debtor in something otherthan gold or silver coin. (Ib.)

Pleading—Judicial notice will not be taken of regulations of Federal Reserve Board.(U. S. D. C. 1925.) A regulation of the Federal Reserve Board is not such

departmental action as will be judicially noticed without pleading. (Ib.)General indorsement carries title to paper.

(U. S. D. C. 1925.) General indorsement for transmission of checks andcounty certificates of indebtedness carries title, and transmittee becomesowner. (Nyassa-Arcadia Drainage Dist. v. First National Bank of Valeet al., 3 Fed. Rep., 2d series, 648.)

Paper indorsed "for collection" "for account/' etc., remains property of indorser.(U. S. D. C. 1925.) Checks and certificates of indebtedness indorsed "for

collection," "for collection only," "for account," and for "collection andreturns," remain property of indorser. (Ib.)

Indorsement for "collection and returns" creates relation of principal and agent;indorsement "collection and credit" indicates relation of debtor and creditor.

(U. S. D. C. 1925.) Draft transmitted for "collection and returns" createsrelation of principal and agent, and within itself is not declaration oftrust respecting funds involved, but indorsement for "collection andcredit" indicates relation of debtor and creditor. (Ib.)

Indorsement "for collection and credit I returns" held ambiguous, requiring extraneousproof.

(U. S. D. C. 1925.) Indorsement of checks "for collection and credit/returns" is ambiguous, but in view of further advice not to remit untilactually paid, and a possible custom existing between banks concerned,ambiguity may be susceptible of satisfactory interpretation. (Ib.)

Rule as to tracing misapplied funds stated.(U. S. D. C. 1925.) Where insolvent has misapplied funds intrusted to it,

which have been impounded for distribution to insolvent's creditors, it isnot necessary that such funds be actually identified to give owner pri-ority over other creditors, but it is necessary only to show that such fundswere commingled and went to swell impounded assets. (Ib.)

Payment of certificates of indebtedness and checks sent to insolvent bank for col-lection by check on such bank held not to entitle owner to priority.

(U. S. D. C. 1925.) Where certificates of indebtedness and checks sent toinsolvent bank for collection were paid by checks on such bank, therewas mere shifting of bank's liability, bank's funds not being increased ordecreased thereby, and owner of such certificates and checks was not en-titled to priority over other creditors. (Ib.)

Owners of checks sent to insolvent bank for collection resulting in balance againstbank held not entitled to priority.

(U. S. D. C. 1925.) Checks sent to insolvent bank for collection, whichafter being cleared in usual way resulted in balance against insolventbank in favor of drawee bank, did not increase funds of insolvent bankand did not entitle owners of checks to priority over other creditors. (Ib.)

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Owners of checks sent to insolvent bank for collection resulting in increasing hank'sassets held entitled to priority.

(U. S. D. C. 1925.) Where checks sent to insolvent bank for collection, onbeing cleared, resulted in balance in bank's favor, which was paid bydraft, and draft was credited to collecting bank by bank on which drawn,its funds were increased by amount of such balance, entitling owners ofchecks to priority over other creditors. (Ib.)

Deposit of check presumed deposit for collection, in absence of special agreement.(Mont. Sup. 1924.) One depositing with bank check drawn on another is

presumed to deposit it for collection, in absence of special agreement.(Jensen v. Laurel Meat Co., 230 Pac. Rep. 1081.)

Title to check deposited for collection remains in depositor.(Mont. Sup. 1924.) Title to check deposited for collection remains in

depositor, though depositor is given credit therefor and permitted todraw against it provisionally. (Ib.)

Federal Reserve Bank, in accepting check for collection for payee, became latter's agent(Mont. Sup. 1924.) Federal Reserve Bank, in accepting check forwarded

to it for collection by bank in which it was deposited by payee, becamelatter's agent. (Ib.)

Mere delivery of check by debtor does not discharge debt to creditor.(Mont. Sup. 1924.) Mere delivery of check by debtor does n<5t dicharge

debt since a check is only an order for money, the acceptance of which,in absence of any agreement to contrary, is conditional upon its payment.(Ib.)

Federal Reserve Bank held not negligent in sending check directly to drawee bankfor collection.

(Mont. Sup. 1924.) Federal Reserve Bank, to which check was sent forcollection, held not negligent in sending check directly to drawee bankfor collection, in view of Revised Code 1921, section 6108. (Ib.)

Forwarding check for payment in usual course of business held to constitute duediligence.

(Mont. Sup. 1924.) A check was presented for payment with due diligenceunder express provisions of Revised Code 1921, section 6109, where it wasforwarded for payment to drawee bank in usual course of business. (Ib.)

Bills and notes—First due presentment of check for payment fixes rights and lia-bilities of parties.

(Mont. Sup. 1924.) First due presentment, within Revised Code 1921,section 8468, of a check for payment fixes rights and liabilities of theparties. (Ib.)

Holder of check permitting funds to remain in hands of drawee, or accepting drawee1 sdraft on third bank, acts at his peril.

(Mont. Sup. 1924.) Where drawee is ready, able, and willing to pay checkwhen due presentment for payment is made, holder acts at his peril inpermitting funds to remain in hands of drawee, or in accepting in lieu ofmoney the drawee's draft on another bank. (Ib.)

Act of Federal Reserve Bank in sending check direct to dravjee bank effected u duepresentment for payment."

(Mont. Sup. 1924.) Where check was sent to Federal Reserve Bank forcollection, its act in sending check direct to drawee bank was a "duepresentment" for payment within Revised Code, 1921, section 8468(Uniform Negotiable Instruments Law, sec. 61). (Ib.)

Drawer's liability held discharged.(Mont. Sup. 1924.) Where drawee bank, to which check had been for-

warded for payment by Federal Reserve Bank, canceled the check,charged amount thereof to drawer's sufficient account, and delivered itsdraft on third bank to Federal Reserve Bank in payment of check, pur-suant to custom sanctioned by latter bank, the check was paid so far asdrawer was concerned, and the unauthorized crediting back of amountof cheek to drawer's account when drawee's draft was dishonored didnot retract the payment. (Ib.)

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Amount charged to drawer's account in payment of check received from collectingbank was held by drawee bank to credit of latter bank.

(Mont. Sup. 1924.) Where drawee bank received check for payment fromcollecting bank, and charged check to drawer's account, drawee bankthereby reduced its indebtedness, under Revised Code, section 7701, todrawer, and amount was no longer subject to withdrawal by drawer,but was held by drawee bank to credit of collecting bank. (Ib.)

Deposit of check for collection authorizes bank to employ subagents who becomedirectly responsible to depositor.

(Mont. Sup. 1924.) Deposit of check for collection authorizes bank toemploy subagents who thereupon become agents of owner and directlyresponsible to him for their defaults, in view of Revised Code, 1921,section 6109. (Ib.)

Generally, bank accepting check for collection becomes liable to owner on nonpaymentof draft accepted in lieu of money.

(Mont. Sup.. 1924.) Generally, bank accepting check for collection is author-ized to receive money only and has no implied authority to receive draftinstead, and, if it does so, it assumes risk that draft will be paid, andbecomes liable to owner for amount of check. (Ib.)

Collecting bank liable to payee when it accepted draft in payment.(Mont. Sup. 1924.) Collecting bank, in surrendering check to drawee bank;

and accepting latter's draft in payment of check, made that draft itsown, and on nonpayment became liable to payee. (Ib.)

Payment—Payment of check operated to discharge indebtedness for which it wasgiven.. (Mont. Sup. 1924.) Payment of check operated to discharge indebtedness

for which it was given. (Ib.)Bank receiving check upon itself from correspondent agent to make presentation to

itself.(Va. Sup. 1924.) When bank receives from its correspondent a check upon

itself, it is an agent for its correspondent to make a presentation to itself.(Federal Reserve Bank of Richmond v. Peters et al., 123 S. E. Rep. 379.)

Proceeds of check cashed for correspondent bank held trust funds.(Va. Sup. 1924.) Where remittance method was used by two banks when

one bank cashed check drawn upon itself for its correspondent, proceedswere impressed with a trust, and relation of debtor and creditor did notarise, though bank retained actual cash and sent draft to correspondentbank upon deposit in another bank. (Ib.)

Principal and agent—Authority to do specific thing authorizes doing whatevernecessary to accomplish.

(Va. Sup. 1924.) An authority to do a specific thing authorizes by impli-cation doing of whatever is necessary to accomplish thing authorized,but not doing of another and separate thing. (Ib.)

Trusts—Mingling of trust fund with general fund does not destroy trust.(Va. Sup. 1924.) Where bank holds money in trust for an other bank,

mingling of trust fund with general fund does not destroy trust, but servesto extend trust or lien to whole mass of money. (Ib)

Equity—Equity regards that as done which ought to have been. done.(Va. Sup. 1924.) Equity regards that as done which ought to have been

done. (Ib)Assignme?its—Equity—Draft on bank held equitable assignment of fwids.

(Va. Sup. 1924.) Where collecting and paying bank remitted to otherbank by draft on third bank, such draft was an equitable assignment offunds in latter bank on theory that equity regards that as done which oughtto have been done. (Ib.)

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In determining whether failed bank debtor or trustee, court may look to intention.(Va. Sup. 1924.) In determining whether or not failed bank is debtor or

trustee of correspondent bank for whom it has collected from itself acheck, court may well look to intention of parties, and if forwarding bankintends to leave money in hands of collecting bank to be used in usualcourse of business it accepts bank as debtor, but, if it demands thatproceeds of checks be immediately returned to it, collecting bank merelybecomes trustee. (Ib.)

DEPOSITS

GENERAL DEPOSITS

Courts—Whether banks are chargeable with interest on checking accounts paid todepositor after service of trustee process is determined by local law.

(U. S. D. C. 1925.) Whether banks served with trustee process are charge-able with interest on checking account paid to depositor after service ofwrit must be determined, if possible, by local law. (United States Ship-ping Board Emergency Fleet Corporation v. Atlantic Corporation, 5Fed. Rep., 2d series, 529.)

Title to money in general deposit in commercial bank passes to bank, and bank'scontract is to honor depositor's checks.

(U. S. D. C. 1925.) Title to money deposited in general deposit in commer-cial bank passes to bank, and relation of debtor and creditor is created;bank's contract being to honor depositor's checks so long as it has suffi-cient funds to do so. (Ib.)

Special deposit subject to depositor's check remains property of depositor.(U. S. D. C. 1925.) Fund, deposited in bank for special purpose subject* to

depositor's check, remains property of depositor. (Ib.)Garnishment—Bank served with trustee process held not liable for interest on checking

account subsequently paid to depositors; " absolutely and without any contingency."(U. S. D. C. 1925.) Where interest was paid on daily balances of checking

accounts at rates subject to modification or termination at any time bybank, and dependent on whether depositor was borrower, interest was notpart of original debt nor due "absolutely and without any contingency,"within General Laws, Massachusetts, chapter 246, section 32, and bankwas not liable for interest paid to depositor after service of trustee process.(Ib.) •

DEPOSITS—WHEN DEPOSITOR BECOMES BANKRUPT

Evidence held to show bankrupt's deposit in bank general, and not special deposit toprotect particular investors.

(IT. S. C. C. A. 1925.) Evidence held to show that money deposited in bankby bankrupt when insolvent was general deposit, and not special depositto protect particular investors. (Cunningham v. Merchants' NationalBank of Manchester, N. H. In re Ponzi, 4 Fed. Rep., 2d series, 25.)

Understanding depositor should keep deposit sufficient to satisfy claims of localinvestors held not to prevent deposit from being general.

(IT. S. C. C. A. 1925.) Understanding between bank and depositor thatdepositor should keep deposit in bank sufficient to satisfy claims of localinvestor held not to prevent deposit from being general deposit, subjectto check. (Ib.)

That bank suspected depositor's business not legitimate held not to show it knew ofhis insolvency.

(IT. S. C. C. A. 1925.) That bank had suspicion, or that its officer realized,that bankrupt depositor's business was not legitimate, was insufficient toshow that bank knew depositor was insolvent. (Ib.)

Duty of bank to inquire into depositor's financial condition before closing his accountand holding deposits for future bankruptcy trustee.

(IT. S. C. C. A. 1925.) It would be duty of bank to inquire very carefullyinto financial condition of depositor before closing his account and holdingdeposits for future bankruptcy trustee, even if bank had right to take suchaction. (Ib.)Digitized for FRASER

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Bank can not question legitimacy of depositor's disbursements.(U. S. C. C. A. 1925.) Under ordinary circumstances it is duty of bank

receiving money on deposit to pay it out on depositor's order, and it cannot question legitimacy of his disbursements. (Ib.)

Bank may decline to pay check exceeding amount deposited.(U. S. C. C. A. 1925.) Where there are not sufficient funds to pay check,

bank may legally decline to pay what it has on deposit as partial paymentof check. (Ib.)

Banks under no legal duty to warn investing public as to financial condition ofdepositors.

(U. S. C. C. A. 1925.) Banks are under no legal duty to warn investingpublic as to financial condition of their depositors. (Ib.)

Persons securing unlawful preference and bank aiding therein held not guilty ofhindering, delaying, or defrauding creditors.

(U. S. C. C. A. 1925.) That persons in whose favor bank paid bankrupt'schecks and vouchers obtained unlawful preference would not necessarilyshow that such persons and bank hindered, delayed, or defrauded creditors,within bankruptcy act, section 67e (Comp. St., sec. 9651), or render bankliable, since bank received no money or benefit from bankrupt. (Ib.)

Bankrupt's creditors not guilty of securing fraudulent preference, without distinct,intent so to do.

(U. S. C. C. A. 1925.) Bankrupt's creditors are not guilty of securing fraudu-lent preference, without distinct intent so to do. (Ib.)

Bankrupt's deposit in bank not fraud on creditors; "fraudulent transfer."(U. S. C. C. A. 1925.) Bankrupt's deposit in bank of money to his own

credit is not "fraudulent transfer" of property as against creditors, inviolation of bankruptcy act, section 67e (Comp. St., sec. 9651). (Ib.)

In absence of fraud or collusion by bank in paying bankrupt's checks and voucherswhile he was insolvent, bank not liable.

(U. S. C. C. A. 1925.) Where there wras no fraud or collusion by bank inpaying bankrupt's checks and vouchers while he was insolvent, to in-vestors from whom money had been obtained by bankrupt's fraud, bankwas not liable to trustee in bankruptcy, under bankruptcy act, section67e (Comp. St., sec. 9651). (Ib.)

Bank not liable, as participating in fraudulent transfer of bankrupt's deposit todefrauded investors, without actual fraud.

(U. S. C. C. A. 1925.) Bank, in absence of actual fraud, would not beliable for paying bankrupt depositor's checks and vouchers to defraudedinvestors, even though bankrupt thereby made transfer, in violation ofbankruptcy act, section 67e (Comp. St., sec. 9651). (Ib.)

Appeal and error—Findings in equity case should not be disturbed, unless clearlywrong.

(U. S. C. C. A. 1925.) Trial court's findings in equity case should not bedisturbed, unless clearly wrong. (Ib.)

Check protested because in excess of deposit held not revocation of depositor's orderto pay vouchers.

(U. S. C. C. A. 1925.) Drawing of check, which was protested because forsum greater than deposit, did not in itself revoke bank's authority t@pay smaller checks afterwards presented, or depositor's order to bank t@pay certain vouchers, so long as there were funds in depositor's accountsufficient to pay them. (Ib.)

Bankruptcy act does not authorize recognition of fraud not denounced therein, norimpose penalties on persons who received no benefits.

(U. S. C. C. A. 1925.) Bankruptcy act (Comp. St., sees. 9585-9656)does not authorize recognition of any fraud not distinctly denounced*therein, nor does it impose penalties on persons who have received n©benefits from bankrupt's transfers of property. (Ib.)67746°—261 11

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Trusts—Depleted trust funds mingled with other moneys can not be treated as reap"pearing in sums subsequently, deposited.

(XL S. C. O. A. 1925.) Where one has deposited trust funds in his individualba,nk account and mingled fund is at any time wholly depleted, trustfund is thereby dissipated and can not be treated as reappearing in sumssubsequently deposited to credit of same account. (In re Ruskav et al.Petition of Crellin, 5 Fed, Rep., 2d series, 143.)

Bankruptcy—Whether bankrupts7 bank balance should include checks depositedafter banking hours on that day held question of law reviewable by petition torevise.

(U. S. C. C. A. 1925.) Whether bankrupts' deposit, in their bank accountafter banking hours, of checks received from claimant for purchase ofstock, should be included in balance of their account for that day forpurpose of determining whether fund was depleted, was question of lawre viewable by petition to revise. (Ib.)

"Deposit slip" defined.(U. S. C. C. A. 1925.) "Deposit slip" is acknowledgment that amount

named therein has been received by bank; it is receipt intended to furnishevidence as between depositor and depositary that on given date therewas deposited sum named therein, time of deposit, and amount deposited.(Ib.)

Issuance of deposit slip admits relation of debtor and creditor for amount statedtherein.

(U. S. C. C. A. 1925.) Issuance of deposit slip is admission by bank thatrelation of debtor and creditor has been created as "to amount statedtherein, and creation of that relationship does not depend on whetherbank's agent, whose duty it is to do so, thereafter enters deposit in de-positor's account, but rights of parties must be determined by real stateof accounts. (Ib.)

Bank clerk whose duty it is to enter deposits is agent of bank, and not of depositor.(U. S. C. C. A. 1925.) Bank clerk whose duty it is to enter deposits is

agent of bank, and not of depositor. (Ib.)Mule that banks close at 8 o'clock does n&k prevent receipt or payment of money after

that hour, nor affect legal relations of parties.(U. S. C. C. A. 1925.) Rule that banks close at 3 o'clock is merely regula-

tion for convenience of bank, and does not prevent receipt or paymentof money after that hour, nor affect legal relations of parties if money isreceived or paid out, though transaction does not appear on books ofbank until subsequent day. (Ib.)

Crediting of checks indicates that bank receives checks deposited as cash.(U. S. C. C. A. 1925.) Intention of parties as to effect of deposit controls,

and presentation of deposit slip with cash and checks for deposit in gen-eral account, and crediting thereof to depositor's account, indicatesintention of parties that bank receives checks as cash, in absence ofcontrary recital. (Ib.)

In New York, deposit of checks or drafts in ordinary course transfers title and createsrelation of debtor and creditor.

(U. S. C. C. A. 1925.) In New York, deposit in ordinary course of businessof money, or drafts, or checks received and credited as money, vests titlethereto in bank and creates relation of debtor and creditor. (Ib.)

Burden is not on depositor to show when bank entered deposits on its books.(U. S. C. C. A. 1925.) Burden is not on depositor to show when bank

entered deposit on its books, since it is receipt of deposit, and not time ofits entry, which binds bank. (Ib.)

In construing deposit sli2>s, court may consider practical interpretation given thereto' by parties.

(U. S. C. C. A. 1925.) In construing deposit slips, court may considerpractical interpretation given thereto by parties before any controversyarose. (Ib.)

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Bank's entry of deposit and depositor's withdrawals held to show thai cJiecks werereceived as cash.

(U.S. C. G. A. 1925.) Bank's entry of deposit of checks, made after bank-ing; hours, and depositor's checking out amount in excess of his creditbalance if deposit had not been counted as cash, held to show that partiesregarded deposit as cash. (Ib.)

Bankruptcy—Title to claimant's checks deposited by bankrupts after banking hoursvested in bank on day of receipt of checks.

(U. S. C. C. A. 1925.) Where bankrupt, after banking hours, depositedchecks received from claimant for stock to be purchased for claimant,held, in tracing fund on bankrupts' failure to carry out their fiduciaryobligation to purchase stock, that title to checks vested in bank on dateof deposit, and not on following day when checks were entered. (Ib.)

SPECIAL DEPOSITS

Bond securing deposit of bankrupt estates held "security for specific fund," withinbank deposit guaranty statute; "specific"; "generic."

(U. S. D. C. 1924.) Undertaking conditioned that bank designated asdepository for bankrupt estates shall account for such funds held specificsecurity, making deposit ineligible to participate in guaranty fund, underLaws Washington, 1917, page 308, section 1 (Rem. Comp. S-tat. 1922,Sec. 3293); words "specific" and "generic" being relative, "generic"having reference to class of related things, and "specific" being limitedto particular, definite, or precise thing. (Republic Casualty Co. et al.v. Scandinavian-American. Bank et al., 2 Fed. Rep., 2d series, 113..)

Whether bank exercised due care in caring for bonds left with it jury question.(Iowa Sup. 1924.) Whether bank, as bailee of Government bonds left with

it by purchaser, exercised due care legally required of it, held a juryquestion, to be determined under proper instructions. (Kubli v. FirstNat. Bank of Pleasantville, 200 N. W. Rep* 434.)

Care required as gratuitous bailee of Government bonds.(Iowa Sup. 1924.) Bank is not insurer of Government bonds left with it as

gratuitous bailee, but is required to exercise that care which business menof prudence would exercise in keeping property of like value under similarcircumstances. (Ib.)

Motive or intent immaterial as respects duty of bank caring for bonds left with it.(Iowa Sup. 1924.) In determining care to be exercised by bank with which

Government bonds have been left, there is no question of good or badfaith on part of bailee, and motive or intent is not essential ingredient,nor is care to be exercised measured by care which bank used in respectto its own property of like kind under like circumstances. (Ib.)

Bank held gratuitous bailee of Government bonds.(Iowa Sup. 1924.) Bank, caring for Government bonds after purchaser had

paid therefor, held gratuitous bailee, in absence of showing of direct orindirect benefit to it. (Ib.)

Bank, as gratuitous bailee of Government bonds, liable only for want of ordinarycare.

(Iowa Sup. 1924.) Bank, as gratuitous bailee of Government bonds, wasliable only for want of ordinary care, and mere failure to return bondson demand5 would not constitute conversion, where they were lost with-out its fault. (Ib.)

Bailment—Degrees, of negligence and care not applied.(Iowa Sup, 1924.) Division of "slight, ordinary, and great care," with

corresponding degrees of negligence, "slight, ordinary, and gross," nolonger find application in definition of bailments as classified undercommon law. (Ib.)

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Trial—Instruction as to care as gratuitous bailee of bonds held erroneous, and notcured by another.

(Iowa Sup. 1924.) Instruction that whether bank was negligent in care ofbonds gratuitously cared for might be determined and measured by careit took of its own property or that of its officers of like kind and valueheld erroneous, where evidence disclosed that like property belonging tobank and its officers was kept in same receptacle and was stolen at sametime, and not cured by instruction as to matters to be considered. (Ib.)

Bank not insurer of securities left in its care without compensation.(N. J. Sup. 1925.) Bank is not insurer of securities left in its care without

compensation, being liable only for negligence. (Holmes v. First Nat.Bank of Wrightstown, 128 Atl. Rep. 150.)

Bank not liable for bonds left for safekeeping and stolen by cashier, unless negligent.(N. J. Sup. 1925.) Where bonds were deposited with bank for safekeeping

and stolen by cashier, without knowledge of bank or board of directors,bank held not liable, unless negligent in employment or retention ofcashier. (Ib.).

Securities in safety deposit box held by bank as bailee and not as trustee.(Pa. Sup. 1924.) Securities stolen from safety deposit box and converted

into money by cashier and placed to bank's credit were not held by bankas trustee for owners, within the rule that beneficiary unable to trace fundsis not entitled to prefererence over trustee's general creditors, but bankwas merely a bailee. (In re Conneautville Bank's Assigned Estate, 124Atl. Rep. 745.)

Owners of securities stolen by cashier from safety deposit box held entitled to fundrealized as against bank's assignee for benefit of creditors.

(Pa. Sup. 1924.) Where securities were stolen from safety deposit box andconverted into money by cashier, owners were entitled to amount realizedfrom sale on deposit to bank's credit as part of larger sum in other bank,as against bank's assignee for benefit of creditors, and were not requiredto share pro rata with general creditors on failure to follow funds. (Ib.)

Proceeds of sale of securities stolen by cashier from safety deposit box held sufficientlyearmarked.

(Pa. Sup. 1924.) Where securities were stolen from safety deposit box andconverted into money by cashier and proceeds were deposited as a part ofa larger sum on deposit in other bank to credit of cashier's bank, the fundswere sufficiently earmarked to entitle owners thereto as against bank'sgeneral creditors upon insolvency. (Ib.)

ESCHEAT OF BANK DEPOSITS TO STATE

Savings deposits, intangible property.(U. S. Sup. 1923.) Savings deposits, in a State banking corporation having

its place of business within the State of its creation, are intangible propertysubject, like tangible property, to the dominion of the State. (SecuritySavings Bank v. State of California, 263 U. S. R. 282.)

Escheat of unclaimed deposit in State bank not violation of the Federal Constitution.(U. S. Sup. 1923.) A State law requiring a bank, through appropriate pro-

cedure, to pay over such deposits, when long unclaimed, to the State asdepositary or by way of escheat, violates no right of the bank under thecontract clause of the Constitution or the due process clause of the four-teenth amendment, since the bank's contracts with the depositors merelygive it the use of the money until called for by proper authority, and pay-ment to the State in obedience to a valid law discharges its obligation tothem. (Ib.)

Essentials of jurisdiction in a proceeding to effect escheat of unclaimed deposit.(U. S. Sup. 1923.) The two essentials of jurisdiction in a proceeding by the

State to effect an escheat of such unclaimed deposits, in order that thedepositors may be bound and the bank protected, are seizure of the resat the beginning of the suit and reasonable notice and opportunity to beheard accorded the depositors. (Ib.)

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California law; service of summons.(U. S. Sup. 1923.) Under the California statutes here involved, seizure of

the res is accomplished by personal service on the bank, in a suit broughtby the Attorney General in Sacramento County, and due notice is giventhe depositors by publication in that county of a summons, with a notice,also, to all other persons to appear and show cause why the money shouldnot be deposited with the State treasurer. (Ib.)

Impossibility of personal service on depositors.(U. S. Sup. 1923.) Proof by affidavit that personal service on depositors is

impossible or impracticable is not a constitutional prerequisite to serviceby publication in such an escheat proceeding, where the depositors im-pleaded are only those who are not known to the bank officials to be alive,whose accounts have not been added to or drawn upon for twenty years,and who have not filed with the bank, within that time, any notice orclaim giving their then residences. (Ib.)

Publication of summons in particular county.(U. S. Sup. 1923.) In view of other statutes requiring sayings banks in

California to publish at their several locations annual notices of depositsnot added to or drawn upon during the preceding ten years, with the name,last known residence and other particulars concerning the depositor, thiscourt can not say that the escheat statute, in providing for publication ofsummons in escheat proceedings in Sacramento County only, was unrea-sonable. 186 Cal. 419, affirmed. (Ib.)

ACTIONS BY DEPOSITORS

Trading with the enemy act; claims against seized property; suit against UnitedStates.

(U. S. Sup. 1924.) A suit in equity brought under section 9 of the tradingwith the enemy act, against the Alien Property Custodian, the Treasurerof the United States, and a foreign corporation, to establish a debt of thecorporation to the plaintiff, as a claim against its property seized underthe act and held by the Custodian and the Treasurer, is in effect a suitagainst the United States, and can therefore be maintained only underthe conditions laid down in the act. (Banco Mexicano De Commercio EIndustria et al. v. Deutsche Bank; Miller, Alien Property Custodian, et al.263 U. S. R. 591.)

ilDebt arising with reference to property held."(U. S. Sup. 1924.) Where money was lent by liquidators of a Mexican bank,

at New York, to a German bank, and deposited by the borrower to itsgeneral credit with a trust company in that city, and, after the outbreakof the late war, before the loan fell due, the deposit with other assets ofthe borrower was taken over by the Alien Property Custodian, heldy thatsuit to collect the loan could not be maintained by the Mexican bankunder the above statute, since the debt was not one that " arose withreference to the money or other property held," (Ib.)

Attachment under State law.(U. S. Sup. 1924.) The fact that, under the law of New York, the debt,

when due, might have been collected by attachment of the property, hadthis not been seized under the statute, did not alter the case. (Ib.)

Construction—Legislative history.(U. S. Sup. 1924.) Legislative history of this statute, including remarks of

a Congressman explaining the bill, held not to determine its construction.289 Fed. Rep. 924, affirmed. (Ib.)

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Bank's certificate held representation that it had on deposit mortgage indebtedness*described in loan company's certificate; "said."

(U. Sv Cv C A. 1925.) Where loan company issued "certificate of owner-ship in fk'st mortgage indebtedness,;" reciting: that it was owner, as agent,for holder of such certificate, of first mortgage indebtedness in certainsum,, secured by deed of trust on described property, and that "said mort-gage note and securities" had been deposited with named bank for benefitof holders of certificates, bank's certificate, following loan company's cer-tificate, as part of same document, that it had "said: securities" 01. de-posit "as herein provided," held representation that it had on depositfirst mortgage: indebtedness secured by deed of trust,, referred to in loancompany's ceirtifieate on, the property described therein, since the word'' said'' retes: to something that has been mentioned above in the -document.(Greeley Nat. Bank v. Wolf, 4 Fed. Rep,, 2d series, 67.)

Bank, being sued for deceit, could not invoke doctrine of ultra vires.(U. S. C. C. A. 1925.) In action against bank for deceit, inducing plain-

tiff to purchase certificate of ownership in mortgage indebtedness,, thebank could not invoke the doctrine of ultra vires as a defense; such doc-trine being inapplicable to a corporation's torts. (Ib.)

Fraud—"Negligence" and "fraud" distingtiished.(U. S. C C. A.. 1925.) Negligence and fraud are not identical, either in

their nature or effect, since "negligence" is the absence of proper attentionto duty while "fraud" is always a positive and willful device, resortedto with intent to in some manner injure another, in which the mind concurswith the act. (Ib.)

Bank, which aided loan company to sell certificate of ownership in mortgage indebted-ness by false representation, liable for damages, regardless of whether it vjas atrustee or a gratuitous bailee,

(U. S. C. C. A. 1925.) Bank, which aided loan company to sell certificateof ownership in first mortgage indebtedness by false representation thatit held on deposit deed of trust securing indebtedness, held liable for dam-ages in action for deceit by purchaser of certificate, regardless of whetherit was a trustee or gratuitous bailee. (Ib.)

LIMITATION OF ACTIONS

Until demand for balance of American's deposit in Austrian bank, balance not dueand payable.

(U. S. D. C. 1924.) Until demand for payment of balance of American'sdeposit: in Austrian bank, balance was not due and payable, (Zimmer-mann et al. v.. Miller^ Alien Property Custodian et al., 2 Fed* Rep., 2dseries, 629.)

War-—During1 World War and until July 14, 1919, American depositor could notlawfully demand payment of * deposit in Austrian bank, except on Alien PropertyCustodian to fix maturity- date.

(U. S. D. C. 1924.) During World War and thereafter to July 14, 1919,when trade relations between United States and Austria were resumed,American depositor could not lawfully make demand for payment ofdeposit in Austrian bank, even if bank had agent in United States, andthough bank during war continued to make payments on depositor'soutstanding orders, but depositor could mature deposit by making demandon Alien Property Custodian under trading with emeny act, section 8(Comp. St. 1918, Comp. St. Ann. Supp. 1919, sec. Zll&nd&h (Ib.)

Wax—Fall in rate @f Austrian exchange at risk of American depositors failingto demand payment from Alien Property Custodian.

(U. S. D. C. 1924.) Where American depositors in Austrian bank failed todemand payment of deposit from Alien Property Custodian under tradingwith enemy act. Section 8 (Comp. St. ¥918, Comp. St. Ann. Supp. 1919,sec. 3115J^dd), during period of World War, fail in rate of Austrianexchange was at their own risk. (Ib.)

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War—Cable to Austrian bank, though lacking requirement of legal demand, heldsufficient to fix maturity date of depositor's account.

(U. S. D. C. 1924.) Cable by American depositor to Austrian bankrequesting bank's consent to payment of balance of deposit account out ofbank's funds in hands of Alien Property Custodian to obviate lawsuit,though lacking some requirements of legal demand, apprised bank thatdepositor wanted money and fixed date as of which account should besettled. (Ib.)

War—Austrian bank's deposit of balance of American's account-with Austrian courtheld not to discharge it of further liability and risk of decline in Austrian currency.

(U. S. D. C. 1924.) American depositor's remedy under trading withenemy act (Comp. St. 1918, Comp. St. Ann. Supp. 1919, sec. 3115-^a-3115^j) can not be frustrated by Austrian bank's deposit of balance of hisaccount with Austrian court under Austrian law, and did not dischargeits obligation, and cast risk of further decline of Austrian currency ondepositor, whose previous demand for payment had been refused. (Ib.)

Bank receiving deposit impliedly agreed to repay same on demand.(Vt. Sup. 1924.) Defendant bank in receiving deposit by plaintiff's ward

impliedly agreed to repay same on demand. (Holman v. RandolphNat. Bank, Randolph Nat. Bank v. Holman, 126 Atl. Rep. 500.)

Demand for repayment of deposit held integral and essential part of contract ofdeposit.

(Vt. Sup. 1924.) Where bank in receiving deposit agreed to repay same ondemand, demand for repayment was an integral and essential part ofcontract. (Ib.)

Limitation of actions—Statute of limitations held not to begin to run against actionfor deposit until demand therefor was refused.

(Vt. Sup. 1924.) Where bank received deposit and agreed to repay same ondemand, statute of limitations did not begin to run against right to recovermoney deposited until pavment was demanded by depositor and refusedby bank. (Ib.)

Facts held not to support defense of estoppel in action against bank to recover moneydeposited 82 years prior to action.

(Vt. Sup. 1924.) In action by guardian to recover deposit of ward made indefendant bank 32 years previous, facts pleaded held not to support de-fense of estoppel. (Ib.)

Some of incidental powers of national bank stated.(Vt. Sup. 1924.) Discounting and negotiating promissory notes, drafts,

bills of exchange, and other evidences of debt, buying and selling exchange,loaning money, etc., and receiving of money of others on general deposit,are among the incidental powers of a national bank in carrying on itsbusiness. (Ib.)

EXCHANGE

Bank's letter of credit held to define its liability and render erroneous considerationof contract aside from it.

(TJ. S. C. C. A. 1924.) In action by foreign bank on draft drawn in its favorby foreign consignor of goods against American bank which had issuedan irrevocable letter of credit to consignee, based on defendant's refusalto honor the draft, held, the letter of credit limited the undertaking andobligations of defendant, and contract between consignor and consigneewas improperly admitted, (Bank of Taiwan, Limited, v. Union Nat.Bank of Philadelphia, 1 Fed. Rep., 2d series, 65.)

Grounding refusal to pay draft on particular ground constitutes waiver of all others,(II. S. C. C. A. 1924.) Bank, grounding its refusal to pay draft drawn under

letter of credit on one ground, must be held to have waived all others.(Ib.)

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Defense that 'plaintiff is not bona fide holder not available in action on draft, wherenonpayment was grounded on another theory.

(TJ. S. C. C. A. 1924.) Where a bank, having issued a letter of credit to aconsignee which required draft to be accompanied by bills of lading datedduring September or October, 1920, refused payment of a draft on soleground that shipment had not been made as required, it can not subse-quently defend on ground that plaintiff was not bona fide holder for valueof the draft. (Ib.)

That actual transportation not commenced as indicated by bill of lading accompanyingdraft is not good defense unless holder knew thereof.

(U. S. C. C. A. 1924.) A bank, having issued a letter of credit to a consigneeof goods which required drafts to be accompanied by bills of lading datedduring September or October, 1920, may not refuse payment on groundthat bill of lading, dated October 30, 1920, did not truthfully representdate of beginning of actual transportation, unless plaintiff, holder of draft,knew such fact when it acquired it. (Ib.)

Letter of credit held complied with as to ubill of lading" "shipment."(U. S. C. C. A. 1924.) Letter of credit, requiring drafts to be accompanied

by bills of lading "dated during September or October, 1920, * * *for shipment to P.," was complied with, if goods were delivered to trans-portation company for transportation on October 30, when bills of ladingwere dated, though vessel did not clear on that date, as "shipment" does,not mean clearance, and "bill of lading" is acknowledgment of receiptof goods for carriage on terms stated. (Ib.)

Question of negligence held for jury.(U. S. C. C. A. 1925.) Whether defendant bank was negligent in failing to

obtain possession of gold coin, shipped to a third party, subject to defend-ant's orders for sale by defendant and placing of proceeds to plaintiff'scredit, during a period of 14 days and before the failure of the third partyand the loss of the coin, held, under that evidence, a question for the jury.(First Nat. Bank, Del Rio, Tex., v. Compania Occidental De Almacenaje,S. A., 4 Fed. Rep., 2d series, 109.)

Contracts—Name given by parties to their contract does not determine its legal effect.(U. S. C. G. A. 1925.) The legal effect of what men do is not determined by

the names they affix to their deeds, but the essential nature of their actsdetermines, and the law has its own names for the results they achieve.(Pan-American Bank & Trust Co. et al. v. National City Bank of NewYork, 6 Fed. Rep., 2d series, 762.)

Guaranty—Agreement by one bank to reimburse another for the amount paid out ona letter of credit issued on request of promisor held not a "guaranty."

(U. S. C. C. A. 1925.) A contract between two banks, made by correspond-ence, held, not one of guaranty, though that term was used, but an agree-ment by one to reimburse the other for the amount paid out on a letter ofcredit issued at the promisor's request. (Ib.)

Bank which procured issuance of letter of credit by another held bound to reimbursethe latter for the amount paid out thereon.

(U. S. C. C. A. 1925.) Where defendant bank, wishing to issue a letter ofcredit to a customer, available to a shipper in Brazil, but, being unknownthere, procured its issuance by plaintiff bank, which had a branch in Brazil,it was bound to reimburse plaintiff for the amount paid out thereon,which amount was recoverable in assumpsit. (Ib.)

Agreement to reimburse another bank for amount paid out on a letter of credit issuedat its request held not ultra vires.

(U. S. C. C. A. 1925.) Such transaction was in legal effect the issuance ofthe letter of credit by defendant itself, which was clearly within its powers,and its agreement to reimburse plaintiff was not ultra vires. (Ib.)

Bills and notes—"Negotiation" of instrument defined.(U*. S. C. C. A. 1925.) An instrument is "negotiated" when it is transferred

from one person to another in such manner as to constitute the transfereethe holder thereof. (Ib.)

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In business transactions between a national bank and its foreign branch, they dealas separate entities.

(U. S. C. C. A. 1925.) A national bank and its foreign branch, organizedunderact December 23,1913, section 25 (Comp. St., sec. 9745), are separateentities as relates to business transactions between them, and a branchbank, which negotiates a draft drawn against a letter of credit issued bythe parent bank, becomes the legal holder thereof, and their respectiverights in relation thereto are governed by the same rules as between unre-lated banks. (Ib.)

Insurance policies required to be attached to drafts drawn against a letter of creditmay be in foreign money.

(U. S. C. C. A. 1925.) The fact that a letter of credit is in dollars does notnecessarily require that policies of insurance required to be attached todrafts drawn against it must also be in dollars. (Ib.)

Conditions of letter of credit; laws and usages of place of use may be followed.(U. S. C. C. A. 1925.) Where, at the request of defendant bank, plaintiff

bank issued a letter of credit against which drafts were to be drawn by ashipper in Brazil, in the absence of any requirement otherwise, it waspermissible for plaintiff to. accept documents required to be attached tothe drafts which complied with Brazilian law and usage. (Ib.)

Letter of credit held irrevocable without seller's consent,(U. S. C. C. A. 1925.) Letter of credit, after notice to the person for whose

use it was issued, held irrevocable without his consent. (Ib.)International law—Possibility of acts and decrees of unrecognized de facto govern-

ment being valid if justice or public policy demand.(N. Y. App. 1924.) While unrecognized government may be viewed juri-

dically as no government, if power withholding recognition so chooses,government de facto, though formally unrecognized because deemedunworthy of place in society of nations, may possibly gain quasi'govern-mental validity for its acts and decrees, if violence to fundamental prin-ciples of justice or public policy might otherwise be done. (Sokoloff v.National City Bank of New York, 145 N. E. Rep. 917; 239 N. Y. 158.)

Liability of bank for amount deposited in Russian branch held not affected by actsof Russian Government.

(N. Y. App. 1924.) Liability of national bank, under executory contract torepay Russian rubles as demanded in amount paid it with which to openaccount in Russian branch bank, held unaffected by decrees of RussianGovernment nationalizing banks and confiscating deposits as revolutionarytax. (Ib.)

Liability to repay amount deposited in Russian branch bank held not defeated byimplied condition.

(N. Y. App. 1924.). National bank's liability to repay amount paid it withwhich to open account in Russian branch upon its failure to carry out con-tract to pay in rubles on demand held not defeated by implied conditionthat latter's business would be permitted to continue by Russian Govern-ment: consideration failing to extent that performance was frustrated.(Ib.)

Undisclosed intent that performance of agreement with depositor should be governedby decrees of Russian Government no defense to action for restitution.

(N. Y. App. 1924.) Undisclosed intent by parties to contract for depositin bank's Russian branch that performance should be governed by lawsof Russia, and orders or decrees of any government thereof, held insufficientto exempt bank from liability to make restitution on Russian Govern-ment's nationalization of banks and confiscation of deposits, in absenceof agreement varying parties' obligations; especially as such decrees didnot regulate, but thwarted, performance. (Ib.)

Measure of recovery from bank refusing to pay rubles in amount paid it for depositin Russian branch stated.

(N. Y. App. 1924.) Measure of recovery on theory of rescission, with rightto restitution of amount paid bank under contract to repay Russian rublesin amount of deposit in Russian branch, is amount paid, for which noequivalent has been received, and, on theory of breach of contract byrefusal to pay, is value of rubles, but doctrine of frustration is inapplicablein either case, where plaintiff makes no claim for profits. (Ib.)Digitized for FRASER

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Bank's uxe of money regarded as equivalent of benefit to depositor.(N. Y. App. 1924.) On bank's refusal to pay in Russian rubles amount paid

it for deposit in Russian branch as agreed, where interest is not demandedfor any period before date of dishonoring depositor's drafts, its use ofmoney paid without interest must be regarded as full equivalent of anybenefit to depositor from enjoyment of banking facilities while account-was running. (Ib.)

FEDERAL RESERVE BANKS

JURISDICTION OF SUITS BROUGHT BY FEDERAL RESERVE BANKS

Action brought on promissory note by Federal reserve bank one arising under thelaws of the United States.

(U. S. Sup. 1925.) An action brought on a promissory note by a Federalreserve bank, a Federal corporation, is an action "arising under the lawsof the United States" within the meaning of Judicial Code section 24," First" (a). (Sowell v. Federal Reserve Bank of Dallas, Tex., 268 U. S. R.449.)

Federal reserve bank not a national bank.(U. S. Sup. 1925.) A Federal reserve bank is not a national bank, subject

to the provisions of Judicial Code section 24 "Sixteenth." (Ib.)Assignee clause does not apply where action arises under the laws of the United

States.(U. S. Sup. 1925.) The assignee clause, Judicial Code section 24, "First"

(a), which forbids the district court to take cognizance of an action on achose in action by an assignee which could not have been prosecuted inthat court if no assignment had been made, applies where the sole groundof jurisdiction is diversity of citizenship, but not where the ground isthat the action arises under the laws of the United States. (Ib.)

STATE BANKS AS MEMBERS

Trust company held to have power to invest in stock of Federal reserve bank as per-sonal security.

(U. S. C. C. A. 1924.) Under Burns' Annotated Statutes, Indiana, 1914,section 4953, authorizing trust companies to invest in "personal securities,"such a company held to have power to purchase stock of a Federal reservebank. (Hiatt v. United States, 4 Fed. Rep., 2d series, 374.)

Power of trust company to become a member of the Federal reserve system, can notbe questioned collaterally.

(U. S. C. C. A. 1924.) The action of a trust company in becoming amember of the Federal reserve system, though it might have been ques-tioned by the State of its incorporation, was not such an ultra vires actas made the tranaction void, so that it can be questioned collaterally,and its affiliation was validated by a legislative act expressly extendingthe power to such companies. (Ib.)

Evidence—Federal court will take judicial notice of Federal reserve banks.(U. S. C. C. A. 1924.) A Federal court will take judicial notice of the

existence, due incorporation, and functions of a Federal reserve bank.(Ib.)

Making false entry in report of member bank to Federal reserve bank with intent todeceive an officer of the latter is an offense.

(U. S. C. C. A. 1924.) Under Revised Statutes, section 5209, as amendedSeptember 26,1918 (Comp. St. Ann. Supp., 1919, sec. 9772), the makingof a false entry by an officer of a member bank in a report to the Federalreserve bank, with intent to deceive any officer of the latter, is an offense.(Ib.)

Provision of Federal reserve act permitting State banks to become members of Fed-eral reserve system held constitutional.

(U. S. C. C. A. 1924.) The provision of Federal reserve act, section 9(Comp. St. sec. 9792), permitting State banks to become members of theFederal reserve system, is within the powers of Congress and constitu-tional. (Ib.)Digitized for FRASER

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Provision of Federal reserve act held not unconstitutional as affecting power of Siate$over State banks.

(U. S. C. C. A. 1924.) Federal reserve act, section 9 (4), being CompiledStatutes, section 9792, making member banks of the Federal reserve sys-item and their officers, agents,, and employees subject to the provisions ofRevised Statutes, section 5209 (Comp. St., sec. 9772), as applied to Statebanks, deals only with their relations to the Federal reserve system, andis not unconstitutional as affecting the powers of the States over suchbanks. (Ib.)

GUARANTY

Bank held not liablet wider contract, for debt of another bank.(U. S. C. C. A. 1924.) An agreement under which defendant bank lent to

another bank a stated sum, to be held on deposit by defendant and usedin payment of certain specified claims against the borrower and checksdrawn by its depositors, as shown by its books, held not to render defend-ant liable for certificates of deposit issued by the borrower, not mentionedin the agreement, and especially in- the absence of an allegation that anypart ©f the sum lent remained in its hands unexpended. (Federal Bank& Trust Co, v. Vaughn etal.,. 1 Fed. Rep., 2d series 979.)

Agreement by. bank to hold deposit during, life of charter party, held not a guaranty.(U. S. C. (X A. 1924.) An agreement by a national bank to hold a deposit

made by a charterer during the life of the charter, which deposit wasrequired by the charter party to secure fulfillment of its terms by thecharterer, can not be construed as a guaranty by the bank that the moneywould be paid over to the shipowner on the charterer's default. (Coal &Iron Nat. Bank of the City of New York v. Suzuki et al., 3 Fed. Rep., 2dseries, 764.)

Agreement of bank to hold deposit, under a contract between plaintiff and the depositor,held not to gwe plaintiff a right of action at law against it to recover the deposit,

(IT. S. C. C. A. 1924.) A charter party required the charterer to deposit withplaintiff, the owner, a bank guaranty covering one-half a. month > hire,as a guaranty of his fulfillment of his obligations under the charter.Defendant bank notified plaintiff that it held a deposit made by thecharterer, to be retained during the life of the charter party. Held> thatthe bank, which had no power to execute a guaranty, did not therebyassume any obligation to pay the money to plaintiff on breach of thecharter by the charterer, which gave plaintiff a right of action at lawagainst It. (Ib.)

Bank not party to paper may bind itself as guarantor.(U. S. I>. C. 1924.) A bank m&y become guarantor of commercial paper

to which it is not otherwise a party, but to be valid such guaranty mustnot only have been made for a valuable consideration, but it must insome way have been a part of and incident to its banking business. (Allis.-Chaimers Mfg. Co. v. Citizens' Bank <fe Trust Co., 3 Fed. Rep., 2d series,316.)

Guaranty, by bank held within the scope of Us authority..(XL S.. IX C* 1924.) Plaintiff held aa account against a milling company

foi past o# tke price of the machinery installed in its mall, to which plain-tiff *e&aured title as. security. The milling company because largelyindebted, defendant and another bank being its principal creditors.Alter a conference of creditors* the company executed a. mortgage to thetwo banks as trustees, subject to plaintiff s claim, which plaintiff extended,taking the company's note, guaranteed by defendant bank; the otherbank having failed. The removal of the machinery would have made itimpossible to continue the mill in operation, and from such operation bya lessee* defendant realized as trustee more than sufficient to pay thenote*. HeM that, un-de? the circumstances, the guaranty was not only areasonable-, but a necessary incident to defendant's banking business, andwas within the scope of its power to execute. (Ib.)

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President held to have authority to execute guaranty.(U. S. D. C. 1924.) Where a bank took a mortgage to secure an existing

indebtedness to it of over $100,000, on property subject to a prior claimof less than $20,000, enforcement of which would have seriously im-periled the security, its president, who had been its active business mana-ger for eight years, and accustomed to act for it without formal authorityfrom the directors, held to have authority, acting in good faith and in itsinterest, to execute a guaranty of such claim on behalf of the bank tosecure its renewal. (Ib.)

INSOLVENCY AND RECEIVERS

POWER OF RECEIVER TO DISPOSE OF ASSETS AND COMPOUND CLAIMS

District court1 s order approving sale of national bank's assets by receiver not reviewableby circuit court of appeals at instance of bank's creditors.

(U. S. C. C. A. 1925.) District court's order approving sale of nationalbank's assets, on receiver's application, under Revised Statutes section5234 (Comp. St., sec. 9821), is not reviewable by circuit court of ap-peals, on appeal, under Judicial Code, section 128 (Comp. St., sec. 1120),by bank's creditors, since such proceeding is an ex parte proceeding towhich the bank's creditors are not entitled to be parties and in whichthey have no right to be heard, and not a suit, and since funds to becollected from sale are not subject to disbursement by court, but byComptroller, by whom receiver was appointed and is controlled. (Fiferet al. v. Williams, 5 Fed. Rep., 2d series, 286.)

National bank receiver does not submit himself a7id bank's assets to control of courtby application for approval of sale of assets.

(U, S. C. C. A. 1925.) Application by receiver of national bank appointedby Comptroller of Currency, under Revised Statutes, section 5234 (Comp.St., sec. 9821), to district court for approval of sale of assets, does not subjectthe receiver and the affairs of the bank to the jurisdiction of, or placeassets of bank under control of, the court in the sense that receiver ap-pointed by court and assets in his possession are under court's control.(Ib.)

Court has duty to refuse order to sell property of defunct bank, if objections ofcreditors are well founded.

(U. S. D. C. 1925.) The ex parte application of a receiver appointedunder Revised Statute, section 5234 (Comp. St., sec. 9821), by Comptrollerof Currencj', for order of sale of assets of defunct bank, is not a judicialcontroversy, notwithstanding opportunity for objecting creditors to beheard, but it is duty of court to refuse to order sale if objections are wellfounded. (Ex parte Moore, in re Sale of Assets of First Nat. Bank ofFlorence, 6 Fed Rep., 2d series, 905.)

That proposed sale of assets of insolvent bank includes debts not objectionable;(i personal property."

(U. S. D. C. 1925.) In view of statute authorizing receiver to sell badand doubtful debts and all real and personal property, a proposed saleof assets of insolvent bank, including debts due it, is not objectionablefor failure to distinguish bad or doubtful from good debts, in view ofmeaning of "personal property," which includes everything subject ofownership not coining under denomination of real estate, and includesdebts and choses in action (citing Words and Phrases, "Personal Property").(Ib.)

Provision in proposed sale of assets of insolvent bank for payment of small claimsin full held illegal.

(U. S. D. C. 1925.) In view of Revised Statute, section 5236 (Comp. St.,sec. 9823), requiring comptroller to make a ratable dividend of proceedsfrom insolvent bank's assets, proposed sale of assets of insolvent bankproviding for payment in full of certain small claims, amounting in allto approximately $20,000, held illegal. (Ib.)

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Proposed sale of assets of insolvent bank, requiring creditors to accept certificatesof deposit from purchasing hanky illegal.

(U. S. D. C. 1925.) A receiver under national banking act can not compela creditor to accept a new debtor for whole or part of his debt, and pro-posed sale of assets of insolvent bank requiring creditors to receive certif-icates of deposit of purchasing bank in lieu of their claims against insolventbank held illegal as to objecting creditors. (Ib.)

Proposed sale of assets of insolvent hanky allowing purchaser to collect and com-pound certain assets, held illegal.

(U. S. D. C. 1925.) A proposed sale of assets of insolvent bank, givingpurchasing bank power to sell, collect, or compound certain assets, withoutsubmitting to court such proposition, and where neither receiver norcomptroller would have any further power, held illegal as amounting toabdication by receiver of duties. (Ib.)

Terms of sale prescribed by court must not he illegal.(U. S. D. C. 1925.) Although court has full power to prescribe terms of

sale of assets of insolvent corporations, it may not prescribe illegal termswhich practically nullify provisions of statute, though terms be favoredby a very large majority, and would in all probability be for benefitof creditors. (Ib.)

ACTIONS AGAINST RECEIVERS

Courts—Action against superintendent of insurance to impress fund in his handswith trust, held not ll action against State."

(U. S. D. C. 1923.) Where proceeds of bonds and securities stolen frombank were paid to insurance company, and came into hands of Statesuperintendent of insurance as official liquidator, held, action againstinsurance superintendent by receiver of bank to impress such fund withtrust in favor of bank was not an " action against the State," nor a consti-tutional officer of it. (Bean v. Stoddard, State Superintendent of Insur-ance, et al. 2 Fed. Rep., 2d series, 62.)

Trusts—Adequate remedy at law held not to preclude suit to impress fund in handsof superintendent of insurance with trust.

(U. S. D. C. 1923.) Suit by receiver of bank against superintendent ofinsurance to impress trust on proceeds of stolen bonds and securities,which had been paid to an insurance company and had come into defend-ant 's hands as official liquidator, held not improper, though an adequateremedy at law might exist under insurance law, New York, section 63.(Ib.)

Complaint Jield to sufficiently disclose receiver's capacity to sue.(U. S. D. C. 1923.) Complaint in suit by receiver of national bank to

impress with trust a fund in hands of State superintendent of insurance,which alleged plaintiff's appointment and assumption of duties as receiver,held to show sufficient capacity to sue, in absence of specific denial of suchappointment. (Ib.)

Specific instructions to commence action not essential to receiver's capacity to sue.(U. S. D. C. 1923.) Under Revised Statute, section 5234 (Comp. St.,

sec. 9821),it is the duty of receiver of national bank to collect assets anddebts, and he is not required, as affecting his capacity to sue, to obtainspecific instructions before commencing action for such purpose. (Ib.)

CLAIMS FOR DEPOSIT OF COUNTY FUNDS

State statute held ineffectual to give county preference in distribution of assets ofnational hank.

(Iowa Sup. 1924.) Distribution of assets of insolvent national bank beinggoverned by United States Revised Statutes, section 5236 (U. S. Comp.St., sec. 9823), which prevails over State statute, Code Supplement 1913,section 3825a (Code 1924, sec. 12719), is ineffectual to give county pref-erence. (Palo Alto County v. Ulrich et al. 201 N. W. Rep. 132.)

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Counties—Board of supervisors.could not by present designation of county depositorybind subsequent board.

(Iowa: Sup. 1924.) While board of county supervisors is continuous body,it could not by present designation and approval of depository bond bindboard- as thereafter constituted; (Ib..)

Depositories—Approval1 of bank as county depository held to authorize depositstherein until approval revoked or new depository named.

(Iowa Slip. 1924.) Where board of county supervisors had designated andapproved bank as county depository under Code 18.97, section 1457, suchapproval- was effective, and constituted, authority for deposit therein ofcounty, funds until revoked or new depository named. (Ib.)

Deposit of check by county treasurer in depository bank held to create relation ofdebtor and creditor.

(Iowa Sup. 1924.) Deposit of foreign check by county treasurer in deposi-tory bank held under evidence to create relation of debtor and creditor, andnot to. constitute trust fund. (Ib.)

Relation of debtor and or editor- held to arise when bank receives paper and creditsproemds; to customer's checking account.

(Iowa Sup» 1924,) Where customer indorses to bank's order checks ordrafts, and is given credit for amount thereof on his account as cash, andmay check against credit given, in absence of agreement or understandingto contrary, or proof of circumstances from which it may be inferred, pre-sumption is that title to paper passes to bank, and relation of debtor andcreditor arises. (Ib.)

CLAIMS OF UNITED STATES

Evidence held insufficient: to show insolvency.(U. S. D C. 1924.) Under Revised Statutes section 3466 (Comp. St. Sec,

6372),, giving a preference to debts due by insolvent debtor to UnitedStates, insolvency of bank held not shown by proof that balance dis-closed by daily statement was incorrect or that certain bills receivablewere without value, where the statement showed excess of resources overindebtedness. (United States Fidelity & Guaranty Co. n. Porter, Conr-missioner of Finance of Idaho, 3 Fed. Rep.., 2d series, 57.)

Capital stock not "debt" in determining^insolvency.(U. S. ID', C. 1924.) In determining question of insolvency, capital stock

and .surplus* in no sense constitute indebtedness of bank, its obligation toa stockholder not being a debt, but latterJs right being to receive ratableshare of assets after all debts are paid. (Ib.)

Idaho State finance commissioner held not shoion to have taken over bank assets underassignment.

(U. S. D. C. 1924.) In suit by surety to ha/ve declared a preference itsclaims against insolvent State bank within Revised Statutes, sections 3466,3468; (Comp. St., sec. 6372, 6374), giving a priority to debts due UnitedStates, evidence held insufficient to show that Idaho State finance com-missioner took charge of affairs of bank under an assignment by resolu-tion, of board of directors, where such resolution did not purport to be anassignment, but simply a determination to discontinue business. (Ib.)

Right of surety's preference as for debt due United States; wholly.dependent on, statute.(U..S. Di G. 1924>) The right of a surety to a- preference under Revised

Statutes, sections 3466,. 3468 (Comp. St. sees, 6372, 6374), giving preference to debts due the United States, is a creature of statutory law andexists only in cases where the facts fall strictly within provisions ofstatute. (Ib.)

Claim against /insolvent bank based on cashier's checks purchased with Governmentfunds held entitled to priority.

(U. Sv D;. C. 1925.) A claim against an insolvent bank, based on cashier'schecks purchased by a: poatmistress with fumlfe. belonging to the Govern-ment, held; one*in favor of the United; States:with-right to priority of pay-ment- under* Revised Statutes, section 3466 (Comp. St., sec. 637.2.), whichright .-was not affected; by the fact'that the claim was, filed? by, and- allowedto, the postmistress and afterwards assigned to the United States. (UnitedStates v. Brock, State Bank Com'r. of Louisiana, et al., 5 Fed. Rep., 2dseries, 265.)Digitized for FRASER

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OFFSETS

Surety not entitled to set off claim against insolvent bank; debtor bank can not acquireright of set-off by acquiring claim against, the bank.

(U. S.. Sup. 1924.) Where a guaranty company executed a bond guarantee-ing the xktelity of the president, of a national bank, and another to adepositor of the bank insuring payment of deposits, and the bank there-after became insolvent through the frauds of the president and theguarantor paid the depositor and took an assignment of the depositor'sclaim against the bank with approval of the bank's receiver. Held, thatthis claim could not be set off by the guarantor as assignee or subrogeein an action by the receiver upon the bond first mentioned. The doctrineof relation is a legal fiction invented to promote justice? and never allowedto defeat the collateral rights of third persons. 295 Fed* 847 affirmed.(United States Fidelity & Guaranty Co. v. Wooldridge, Receiver of theNational Bank of Clebuxn, 2.68 U. &.. R. 234.)

Set-off and counterclaim—One of two defendants severally liable held entitled tointerpose counterclaim as against objection of want of mutuality.

(XL S. C. C. A. 1924.) In action by receiver of bank on drafts depositedwith it by payee, against latter and drawer, either defendant might set upas counterclaim any claim pn contract held by it at time bank became5

insolvent; cause of action being several and doctrine of mutuality thereforebeing inapplicable. (Richmond Ins. Co. et al. v.. Litteer, 1 Fed. Rep., 2dseries, 311.)

Claim against bank held to arise after Us insolvency, and therefore not subject ofset-off.

(U.. S. C. C. A. 1924.) Where a bank on which check was drawn honoredand paid it in regular course of business by delivery of draft,, and itsreceiver thereafter stopped payment on draft to enable him to distributebank's estate equitably among creditors, claim of maker of check by reasonof stopping payment of draft could not be interposed as set-off in receiver'saction against maker, since maker's right had inception after insolvency ofbank. (Ib.)

INSOLVENCY OF STATS BANK

Courts—Defendant, by failing to object to form of proceeding, waived right of courtto proceed.

(HI. S, C. C. A. 1925.) Where insolvent State bank was placed underreceivership hy order of district court, although cMmants to fund drawninto court by petition of receiver were residents of State, and no claim wasfor as much as $3,000, by failing to object to form of proceeding, defendantwaived' right of court to proceed, and final adjudication that receiver hadno interest in fund did not affect' jurisdiction theretofore rightfully at-tached, (George. ©. Harter Bank of Canton, Ohio,«?. Inglis, § Fed. Rep.,2d. series.. 841,)

Ordinarily bank may,- mt off agmmi deposit debt ckm by depositor.(U. S. C. C, A.. 1.92:5*) Ordinarily a bank may set. off. a, deposit against a debt,

due it from the depositor, right thereto notr however, being absolute orparamount to superior equities. (Ib.)

Equity has extended rigki of hank to set off deposit o@ainst debt on theory that oneshould not puy- debt ta creditor if he can not compel creditor to pay..

(U. S. C. O. A. 1925.) Where insolvency has intervened, equity has ex-tended right of. bank to set off deposit against debt of depositor to unma~tured note, on theory that in good conscience one ought not pay debt, tocreditor if he can not ultimately compel creditor to pay debt due him;right, however, not being paramount to* superior equities. (Ib.)

Equities of claimants- ta deposit of insolvent bunk held superior to right of set-off efbank.

(U.. S.. €.: Cl A.. 1*925.).- Wmere company engaged in general banking businesswas? pi&£@dl imder receivership,, and bank, after learning thereof, appliedits deposit; in, pay men t of qaaoaatturedb note, equities of claimant to depositas--par©ceeds of/sale of shapes of stock and f tracts- intrusted to insolvent, bank,which were traceable to deoosit, held superior to right of set-off in thebank. (Ib.)

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Collateral held inapplicable to preexisting debt of another bank which absorbedcreditor bank.

(U. S. C. C. A. 1925.) Where collateral was deposited by debtor with C.bank to secure payment of debt or any of debtor's liabilities to C. bank,due or to become due, or that may thereafter be contracted, after existingdebt was paid, collateral can not be applied to payment of a preexistingand unmatured obligation to H. bank, which absorbed C. bank. (Ib.)

INTEREST AND USURY

Penalties imposed on national bank for violating State usury law are forfeiture ofinterest and liability for twice amount of interest; remedy under Federal statuteexclusive.

(Ala. Sup. 1924.) Under Revised Statutes of United States, sections 5197,5198 (U. S. Comp. St., sees. 9758, 9759), national bank charging or receiv-ing higher rate of interest than allowed by law of State where bank islocated, forfeits entire interest, and, if interest has been paid, personmaking payment may sue for twice amount of interest paid, and thisremedy is exclusive. (Jones v. Moore, 102 So. Rep. 200.)

Cause of action for interest paid national bank does not accrue until all paymentsexceed principal.

(Ala. Sup. 1924.) Cause of action under Revised Statutes of United States,section 5198 (U. S. Comp. St., sec. 9759), for twice interest paid to nationalbank does not accrue, and lender may purge transaction of usury, untilall payments exceed principal. (Ib.)

Mere renewal of note not payment cutting off defense of usury under nationalbanking act.

(Ala. Sup. 1924.) Mere renewal of note by national bank, including thereinusurious interest, is not such payment as cuts off defense of usury in actionthereon, or limits borrower to his action for penalty for usury paid, underRevised Statutes of United States, section 5198 (U. S. Comp. St., sec.9759). (Ib.)

Rule as to effect of part payments on note including usurious interest, as respectspenalties under national banking act, stated.

(Ala. Sup. 1924.) As respects penalties imposed by national banking act(Rev. St., U. S., sec. 5198 (U. S. Comp. St., sec. 9759)), part paymentsof note generally, including therein usurious interest, without applicationthereof by agreement of parties, are not regarded as applied first to pay-ment of interest, but if parties by agreement make such applicationthereof, it will be treated as if usurious interest had been separately paid,intent of parties being controlling. (Ib.)

Entire usurious contract not void, but voidable as to interest only.(Ala. Sup. 1924.) Under national banking law and laws of Alabama, entire

usurious contract is not void, but is voidable as to interest only. (Ib.)Bills and notes—Usury—Assignee of usurious nonnegotiable paper takes subject to

defenses; renewal binds debtor for full amount.(Ala. Sup. 1924.) Assignee of usurious nonnegotiable paper without notice

of usury, who pays its full value, takes subject to all defenses availableagainst payee, but renewal of debt, including usury, binds debtor for fullamount. Lib.)

Usury—Debtor can not set up usury against assignee induced to pay usurious debt.(Ala. Sup. 1924.) Debtor can not set up usury against assignee of security

induced by him to advance money to pay usurious debt. (Ib.)Principal and surety—Rights of surety to protection against loss grow out of contract

with principal.(Ala. Sup. 1924.) Though surety who pays debt is subrogated to remedies

and securities of payee under Code 1907, sections 5385, 5388, he is not inposition of assignee when he enters into obligation, but his right to beprotected against loss grows out of contract with principal. (Ib.)

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Principal and surety—Surety paying usurious obligation without notice not to do sa,held entitled to recover amount paid.

(Ala. Sup. 1924.) Where surety pays obligation after maturity .withoutnotice from principal not to do so, he is entitled to recover amount paidthough he had notice of usury in debt, but any collusion with payee tocut off debtor's right to purge it of usury would place surety in like positionwith payee. (Ib.)

Usury—Contract not "usurious" if lender receives something of uncertain value forloan, unless palpably in excess of legal interest.

(Ala. Sup. 1924.) Contract is not>lusurious" where lender receives some-thing of uncertain value for his loan, even though its probable value isgreater than legal interest, unless so palpably in excess of legal rate as toshow intent to violate usury laws. (Ib.)

Usury—Where stock given as compensation for loan highly speculative, transactionheld not usurious.

(Ala. Sup. 1924.) Where stock given as compensation for loan was highlyspeculative, and without real market value, transaction held not usurious.(Ib.)

Evidence—Receipt and contract held to show third party's notes transferred to secureplaintiff's note, and not as payment thereof.

(Ala. Sup. 1924.) Receipt and contract reciting that transfer of third party'snotes was contribution toward plaintiff's note, that such note and collateralwas held as security that third party would pay his notes, that plaintiffnote was to be paid from proceeds of third party's notes, etc., held to showthat notes were merely transferred to secure plaintiff's note and not asabsolute payment thereof. (Ib.)

Pledges—Sale of collateral note held not payment of debt.(Ala. Sup. 1924.) Sale of note held as collateral under conditions whereby

holder may and does reclaim it and stands ready to surrender it% is notpayment of principal debt; Code 1907, section 3302, not being applicable/(Ib-)

Pledges—Plaintiff took nothing by delay in prosecution of action on note securingplaintiff's note not due to holder's fault.

(Ala. Sup. 1924.) Where notes of third party given to defendant to secureplaintiff's note were not paid at maturity, and defendant sued thereon,plaintiff took nothing by delay in prosecuting action not due to defendant'sfault. (Ib.)

Congress has exclusive power to determine penalty for usury by national bank.(Idaho Sup. 1924.) It is within the exclusive power of Congress to deter-

mine the penalty that may be exacted of a national bank for taking, receiv-ing, reserving, or charging an usurious rate of interest. (Curtis v. WesternReporting & Credit Co. et al., 230 Pac. Rep. 771.)

Penalty for usurious contracts of national banks limited to forfeiture of interest whereit has not been paid.

(Idaho Sup. 1924.) Congress has limited the penalty for the usurious con-tracts of national banks to a forfeiture of the interest, where the interesthas not been paid. (Ib.)

No greater penalty than forfeiture of interest can be imposed on national bank inaction on usurious contract.

(Idaho Sup. 1924.) No other or greater penalty can be imposed on a nationalbank in an action on an usurious contract than a forfeiture of the interest.(Ib.)

Evidence—Evidence of alleged usurious transactions other than pleaded as defense toaction on note inadmissible.

(Idaho Sup. 1924.) In an action on a promissory note, where usury ispleaded as a defense, evidence with respect to other alleged usurious trans-actions is not admissible. (Ib.)67746°—261 -12

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Charge of interest by national bank exceeding 6 per cent was usurious to extentState law applied.

(Md. App. 1925.) Charge of interest by national bank exceeding 6 per centwas usurious to extent State law applied. (Penrose v. Canton Nat.Bank of Canton, 127 At. Rep. 852.)

Where national banh charges excessive interest for loan, either on original or onrenewal note, indorser may be relieved of all interest up to time of suit.

(Md. App. 1925.) Where national bank charges excessive interest for loan,either on original or on renewal note, indorser may be relieved of allinterest up to time of suit, in view of Revised Statutes of United States,sections 5197, 5198 (U. S. Comp. St., sees. 9758, 9759). (Ib.)

Usury—Pleas alleging usury held sufficient against demurrer interposed for non-compliance with statutory requirements.

(Md. App. 1925.) Pleas alleging usury held sufficient against demurrerinterposed for noncompliance with code, article 49, section 5, where thepleas specifically stated the amounts and dates of the original loans,though they did not give the details of the renewal notes actually suedon. (Ib.)

National banks may charge corporations any rate of interest agreed upon withoutvioloMon of usury law.

(Md. App. 1925.) National banks may charge corporations any rate ofinterest agreed upon without violation of usury law, in view of code(vol, 4), article 23, section 100a; hence, in suit "by such bank as payee

.against defendant as accommodation indorse? on corporation note,defendant could not set up usury. (ID.)

Usury—Exclusion of questions pertaining to usury held not error, usury not beingavailable defense.

(Md. App. 1925.) In action on note, against accommodation indorser,exclusion of questions pertaining to usury held not error; usury not beingavailable defense. (Ib.)

Testimony as to other possible ways of payee bank to obtain additional interestheld properly excluded.

(Md. App. 1925.) Assuming usury was an issue in action bv national bankas payee on a note on which defendant was accommodation indorser,where it appeared that interest in addition to the amount named in thenote was collected by the bank in a certain way, exclusion of testimonyas to other possible ways of plaintiff to obtain additional interest heldnot error, where such testimony had no appreciable effect on the case,and the method suggested was not adopted by plaintiff, and there seemedto be no need of the comparison suggested by way of explanation of thetransaction as it was. (Ib.)

JURISDICTION

Jurisdiction over a suit to administer the assets of an insolvent firm of stockbrokersdoes not empower the district court to entertain as dependent or ancillary a con-troversy between a customer of the firm and a national bank (citizens of the sameState) over money paid the firm by the customer to buy stocks,

(U. S. Sup. 1925.) A controversy is not dependent or ancillary unless ithas direct relation to property or assets drawn into the court's possessionor control by the principal suit. Jurisdiction over a suit to administerthe assets of an insolvent firm of stockbrokers does not empower thedistrict court to entertain as dependent or ancillary a controversy betweena customer of the firm and a national bank (citizens of the same State) overmoney paid the firm by the customer to buy stocks and deposited by thefirm in the bank, and which the bank has set off against notes owing itby the firm, but which the customer claims as equitably his, free fromthe firm's obligations. 295 Fed. Oil reversed. (Fulton National Bankof Atlanta v. Hozier, Intervener, and Smith, et al., as Receivers of Imbrie& Co., 267 U. S. R. 276.)

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LIQUIDATION

National bank is creature of Federal law.(Colo. Sup. 1925.) A national bank is a creature of Federal law. (McClel-

land v. Merchants' & Miners' Nat. Bank of Idaho Springs, 238 Pac.Rep. 774.)

Federal banking act as to transfer of stock of national bank held to control overState statute.

(Colo. Sup. 1925.) Federal banking act as to transfer of stock of nationalbank held to control Colorado C. L., section 2268, notwithstanding stockwas transferred after bank ceased to function as such, and while it wasin the process of voluntary liquidation. (Ib.)

Adoption by national bank of policy^ of voluntary liquidation definitely fixed as ofsuch time liability of each stockholder to bank.

(Colo. Sup. 1925.) Adoption by national bank of policy of voluntary liqui-dation definitely fixed as of such time liability of each stockholder tobank. (Ib.)

National bank's adoption of voluntary liquidation precluded stockholders frotrithereafter avoiding liability on stock by transfer thereof.

(Colo. Sup. 1925.) National bank's adoption of voluntary liquidation pre-cluded stockholders from thereafter avoiding liabilit}^ on stock by trans-fer thereof. (Ib.)

Equitable assignment by stockholder in national bankf of his certificate of stock,after bank goes into liquidation, does not affect his status as stockholder with itsattendant liabilities.

(Colo. Sup. 1925.) An equitable assignment by a stockholder in a nationalbank, of his certificate of stock, after bank goes into liquidation, does notaffect his status as stockholder with its attendant liabilities; the statusof such stockholder remaining unchanged from the date when the bankgoes into liquidation. (Ib.)

National bank going into liquidation has lien for indebtedness upon dividends inhands of receiver, 'which equity may enforce by set-off.

(Colo. Sup. 1925.) A national bank going into liquidation has lien upondividends in hands of receiver, and may properly set off dividends accru-ing upon shares of stockholder against his indebtedness to bank, andequity will enforce set-off, when necessary to prevent one of the partiesfrom losing his payment on account of insolvency of the other. (Ib.)

Trusts—Indebtedness to trust fund of insolvent person, entitled to share in distri-bution of trust fund, may in equity be set off against his distributive share.

(Colo. Sup. 1925.) Indebtedness to trust fund of insolvent person, entitledto share in distribution of trust fund, may in equity be set off againsthis distributive share. (Ib.)

Act of receiver of liquidating national bank, in setting off accumulated dividendsagainst stockholder's judgment debt to bank held proper.

(Colo. Sup. 1925.) Act of receiver of liquidating national bank, in settingoff accumulated dividends on shares of insolvent stockholder againstlatter's judgment debt to bank, held proper. (Ib.)

Pledgees of certificate of stock in national bank, becoming such during liquidationof bank, held to acquire rights of assignor subject to cross demands of bank againstassigning insolvent stockholder.

(Colo. Sup. 1925.) As against a judgment creditor, purchasing at executionsale debtor's certificate of shares of national-bank stock while bank waain process of liquidation, prior pledgees of such stock, by assignment anddelivery during such liquidation, held to have acquired all rights of theassignor with respect to dividends, subject to the cross demands of thebank against such assigning insolvent stockholder, and the bank's rightin equity to enforce set-off. (Ib.)

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Assets turned over to bank upon organization deemed good when subsequently paid,(111. Sup. 1924.) Where a national bank was converted into a State savings

bank, through stockholders' agreement to take stock in the State bank,and a trust company furnished money to be exhibited to the auditor'sagent as the cash capital of the State bank and it was then returned tothe trust company, in an accounting to determine its liability to creditorsby way of estoppel measured by the impairment of the national bank'scapital and surplus, assets turned over to the State bank should be con-sidered good and collectible where they were subsequently paid, not-withstanding an accountant could not place any value on them at thetime of the transfer. (Chicago Title & Trust Co. v. Central Trust Co. ofIllinois, 144 N. E. Rep. 165.)

Trust company assisting in illegal organization not to be prejudiced by failure ofsavings bank and receiver to collect assets.

(111. Sup. 1924.) In such case the trust company should not be prejudicedby any failure of the savings bank or its receiver to use proper diligencein the collection of the assets turned over to them by the national bank,and, if a debt transferred was as gqod on that day as cash for bankingpurposes, it must be regarded as a good debt. (Ib.)

Valuation placed on notes turned over to bank upon organization as regards liabilityof trust company.

(111. Sup. 1924.) In such case notes or claims transferred held to be valuedas of the date of transfer to the savings bank, and, where a note or claimwas afterwards paid in part only, the present worth on the date of transferof the payment afterwards made must be taken as the amount collectedthereon. (Ib.)

"Surplus" and "undivided profits" defined.(111. Sup. 1924.) The item designated as "surplus" in a bank statement

represents permanent surplus or a liability that is carried permanentlyon the books, and is rarely ever decreased or increased except by necessityin case of loss to the bank, or in case of an increase by reason of a newdeclaration of a permanent fund to be carried under that designation, and"undivided profits'' are the funds usually drawn to pay the declareddividends of the bank. (Ib.)

Estoppel—Trust company assisting in illegal organization of bank held not liableto stockholders of bank through estoppel by reason of cash secured from it exhibitedas capital of bank.

(111. Sup. 1924.) Where national bank was converted into a State savingsbank through stockholders' agreement to take stock in the State bank,and a person interested secured cash from a trust company which wasexhibited to the auditor's agent as the cash capital of the State bank,and then returned to the trust company, the trust company, thoughliable by estoppel to the creditors of the State bank which became in-solvent, was not liable to its stockholders. (Ib.)

Undivided profits not treated as liability in accounting against trust company as-sisting in illegal organization of State savings bank to succeed national bank.

(111. Sup. 1924.) Where national bank was converted into State sayingsbank, and a person interested secured cash from a trust company whichwas exhibited to the auditor's agent as the cash capital of the State bank,and then returned to the trust company, in an accounting to determinethe liability of the trust company to the creditors of the State bank, onthe theory of estoppel, undivided profits of the national bank should notbe treated as a liability. (Ib.)

When liability to stockholders of dissolved national bank deemed to cease in deter-mining liability of one assisting in illegal reorganization as State bank.

(111. Sup. 1924.) In such case, in determining the liability of the trustcompany under the theory of estoppel, the entire amount of the nationalbank's liability to its stockholders is deemed to have ceased the verymoment they accepted stock in the savings bank, and, as to dissentingstockholders, the very moment that an interested person purchased theirstock. (Ib.)

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Taxation—Stockholders and not bank liable for tax on stock.(111. Sup. 1924.) Under Revenue Law, sections 35, 39, assessing shares of

stock, and making it the duty of every bank and its managing officers toretain so much of any dividends belonging to stockholders as shall benecessary to pay taxes levied upon the shares, the liability is that of thestockholders and not the bank, and the bank is not primarily liable.(Ib.)

Trust company assisting in illegal organization not liable for attorney's fee paidby bank holding note against attorney which could have been set off.

(111. Sup. 1924.) Where a national bank was converted into a State sayingsbank and a trust company furnished cash to be exhibited to auditor'sagent as the cash capital of the State bank, and then returned to the trustcompany, in an accounting to determine its liability to creditors of theState bank on the theory of estoppel, it could not be charged with feespaid an attorney by the State bank at a time when it held a note of theattorney due on demand, which could have been set off against the claimfor services. (Ib.)

Trust company assisting in illegal organization not liable for expenses of bank orits receiver.

(111. Sup. 1924.)- In such case, the trust company can not be charged withthe expenses of the savings bank or the expenses of a receiver in windingup its affairs. (Ib.)

Salary relinquished not considered in determining liability of trust company tocreditors of bank which it helped to organize without required capital.

(111. Sup. 1924.) In such case, salary relinquished by president of the na-tional bank though subsequently claimed should not be considered as aliability of savings bank. (Ib.)

Trust company assisting in illegal organization of bank not liable for loss causedby want of diligence.

(111. Sup. 1924.) In such case, the trust company is not bound by action ofreceiver of savings bank in selling assets for less than their value throughwant of due diligence in finding out their value. (Ib.)

Contracts—Third party may maintain action on promise made for his benefit.(111. Sup. 1924.) A third party may maintain an action on a promise made

to another for his benefit. (Ib.)When indirect liability charged in determining solvency right of indemnity should be

credited.(111. Sup. 1924.) Where a national bank was converted into a State savings

bank, and cash was furnished by a trust company to be exhibited to theauditor's agent as the cash capital of the State bank, and then returnedto the trust company, in an accounting to determine the liability of thetrust company, charged, under the theory of estoppel to the creditors ofthe State bank, when indirect liability of debtor of the national bankwas charged in determining his solvency, credit should have been givenbecause of his right to be made good by party primarily liable. (Ib.) *

Payment—Deposit properly applied to oldest note by receiver of bank.(111. Sup. 1924.) A receiver of a bank holding several notes of a depositor,in the absence of direction by debtor, properly applied the deposit to theoldest note. (Ib.)

Payment—Rule as to application of payments.(111. Sup. 1924.) A debtor has the right to have a payment applied to the

debt he directs, but, if he makes no direction, then the creditor mayapply the credit as he sees fit, in case no third party is unjustly pre-judiced. (Ib.)

Corporations—Organizers of foreign holding corporation remained owners of stockof domestic corporation.

(111. Sup. 1924.) A syndicate owning shares of stock of a domestic cor-poration remained the owners thereof though they formed a foreigncorporation as a holding company for the stock, as a foreign corporationcan not lawfully hold stock in a resident corporation. (Ib.)

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No credit because worthless claims transferred to subsidiary in accounting to deter-mine liability of trust company assisting in illegal organization of bank.

(III. Sup. 1924.) Where a national bank was converted into a State sayingsbank, and a trust company furnished cash to be exhibited to auditor'sagent as the cash capital of the State bank and then returned to the trustcompany, in an accounting to determine its liability to creditors, underthe theory of estoppel, it is. not entitled to credit because worthless claimswere transferred fc>y the State bank to subsidiaries unless these claims werecollected or partially collected after they went into the hands of the sub-sidiaries. (Ib.)

Bank could apply deposit on demand note though trust fundr when without notice.(111. Sup. 1924.) A bank could apply a deposit on a demand note though the

depsoit was a trust fund, where it was without notiee as to the trust.(Ib.)

Evidence—Bank boohs held admissible in action involving accounting, and to beprima facie evidence as to items marked paid.

(111. Sup. 1924.) Where persons in control of national bank desired to con-vert it into a State bank, and secured cash from a trust company whichwas exhibited to the auditor's agent and then returned to the trust com-pany, in an action wherein it was sought to hold the trust company liableto creditors of the State bank under the theory of estoppel the books ofnational and State bank were competent evidence as to assets and pay-ment of bills receivable, etc., and established prima facie that items markedpaid were paid. (Ib.)

Evidence—Positive uncontradicted evidence of owner as to value of real estate can notbe ignored.

(111. Sup. 1924.) Positive and uncontradicted evidence of owner of realestate as to its value can not be ignored. (Ib.)

Evidence—Uncontradicted testimony as to accounts entitled to consideration thoughnot itemized.

(111. Sup. 1924.) Positive testimony that there was owing to witness person-ally by parties living near a certain place good accounts amounting tofrom $50,000 to $75,000, and that he likewise owned good notes owed byparties in and near such place amounting to the further sum of from $50,000to $75,000, uncontradicted of record, is entitled to consideration on ques-tion of solvency, though he could not itemize the accounts or the notes,his further testimony showing that all of his books of account were in thehands of State or Government officials who were prosecuting him for certainalleged crimes, and that it was not possible for him to consult the books.(Ib.)

Payment—Note presumed paid by parties primarily liable.(111. Sup. 1924.) When a note is shown by record evidence to be paid, but it

does not appear who paid it, the presumption is indulged that it was paidby parties primarily liable theron, and not by one agreeing to see it paid^(Ib.)

Evidence—Amount paid for land as evidence of value.(111. Sup. 1924.) In determining the value of real estate on a certain date,

consideration should be given to the amount paid for it shortly before thattime. (Ib.)

"Good will".to be considered asset determining liability of one assisting in organ-ization without sufficient capital.

(111. Sup. 1924.) Good will, which is the probability that old customers willresort to the old place, is a species of property and is to be considered indetermining the value of the assets of a solvent bank transferred to a newsavings bank, in determining the liability of one participating in theorganization of the new bank with insufficient capital, on the theory ofestoppel. (Ib.)

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Bills and notes-—Mortgages—Note indorsed in blank negotiable by delivery; validityof contract whereby bank took over assets of another bank and of transfer of note inblank could not be litigated by makers of note; "delivery."

(N. Y. Sup. 1924.) Where assets of C. bank were transferred to R. bank,which in consideration assumed liabilities of C. bank, note secured bymortgage which was indorsed in blank by C. bank, under negotiable instru-ments law, sections 2, 60, 64, 90, became payable to bearer and nego-tiable by "delivery," which is transfer of possession, and R. bank wasentitled to sue thereon 'in own name and makers could not litigate validityof transfer of note or of contract. (National Bank of Rochester v. Erion-Haines Realty Co. #b al., 206 N. Y. Supp. 452.)

Bills and notes—Statute of national bank taking over assets of another bank stated;bank could not recover on note without surrendering security.

(N. Y. Sup. 1924.) Under act Congress, November 7, 1918, sections 1, 2(U. S. Comp. St. Ann. Supp. 1919, sections 9696a, 9696b), where nationalbank took over assets and assumed liabilities of another bank, it becameholder of note ransferred under blank indorsement in same manner and tosame extent as transferor and could not recover thereon without sur-rendering security held by transferor. (Ib.)

MUTUAL LOAN COMPANIES

State regulation of business akin to banking.(U. S. Sup. 1924.) Business so nearly akin to banking as to be equally

clothed with a public interest may be brought under State supervisionby confinement to corporations. (D.illingham, as President, et al. v.McLaughlin, as Superintendent of Banks of the State of New York, et al.;McLaughlin, as Superintendent of Banks of the State of New York, et al.v. Dillingham, as President, et al., 264 U. S. R. 370.)

Mutual loan business.(U. S. Sup. 1924.) So held of a business, conducted by a common-law

trust, of soliciting and receiving loans in small monthly payments underloan contracts which entitled the respective lenders, when they had paidin a stated percentage, to borrow the face value of their contracts inthe order of their applications therefor on real estate security, or, uponsale of this borrowing right, to receive the amounts paid in on their con-tracts with a problematical 't bonus," or, by paying up contracts in full,to receive back their face value with a share in a "surplus,?; with provisionsas to forfeiture, etc. (Ib.)

Fixing minimum of loans.(U. S. Sup. 1924.) A law of New York forbidding any individual, partner-

ship, or unincorporated association to engage in the business of receivingdeposits or payments of money in installments, for cooperative, mutual-loan, savings or investment purposes, in sums of less than $500 each,held not violative of the equal-protection clause in not applying to thebusiness of receiving larger deposits, in view of the greater protectionneeded by small investors and the elements of chance, risk and delay toinvestors existing in this case. (Ib.)

NEGOTIABLE PAPER *

Husband and wife-—Evidence of transactions with parties other than plaintiff heldinsufficient to establish course of dealing estopping wife from denying husband'sauthority.

(U. S. C. C. A. 1925.) In action involving husband's authority to deal forwife, evidence of transactions with banks other than plaintiff held insuf-ficient to show course of dealing relied on by plaintiff or to estop wifefrom denying husband's authority. (First Nat. Bank of Duncan, Okla.,v. Staley et al., 4 Fed. Rep., 2d series, 324.)

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Bank, consolidating with another and acquiring notes from it, does not take asinnocent purchaser.

(U. S. C. C. A. 1925.) Bank, consolidating with another and acquiringfrom it notes, does not take as innocent purchaser, but steps into shoesof bank with which it consolidates. (Ib.)

Husband and wife—Bank, accepting husband's pledge of wife's notes with knowledgethat husband had indoresed them in wife's name, held not innocent holder.

(U. S. C. C. A. 1925.) Where bank, at time of accepting husband's pledge ofnotes belonging to wife, knew that husband had signed wife's name toindorsement, it was not an innocent holder, fcut chargeable with burdenof proving that wife had consented or authorized husband's act. (Ib.)

Husband and wife—Wife held not precluded from asserting ownership of notespledged by her husband.

(U. S. C. C. A. 1925.) # Where bank, accepting husband's pledge of wife'snotes, knew that her indorsement thereon had been written by husband,held, mere fact that wife, after learning of facts, permitted bank to retainpossession for short time before insolvency of husband was insufficientto preclude her from subsequently asserting ownership. (Ib.)

Evidence—Question as to disposition of proceeds of note held objectionable, as callingfor conclusion.

(U. S. C. C. A. 1924.) In. action by bank against correspondent bank,question asked witness as to whether plaintiff bank received any part ofproceeds of certain note held to call for a conclusion of witness, andproperly excluded, in view of other evidence as to disposition actuallymade of such proceeds. (Hirning, Supt. of Banks of South Dakota, et al.v. Live Stock Nat. Bank. 1 Fed. Rep., 2d series, 308.)

Evidence tending to show who received proceeds of sale of notes held admissible inaction between banks.

(U. S. C. C. A. 1924.) In action by bank to recover of another bank amountscharged against plaintiff's account for unpaid notes alleged by defendantto have been sold by plaintiff to defendant, evidence that plaintiff bychecks and drafts drew proceeds of the note credited to it at the time ofacquisition by defendant held admissible, as tending to show who receivedthe benefit of such proceeds. (Ib.)

Evidence held admissible on issue whether bank, purchasing note of another, knewits true owner.

(U. S. C. C. A. 1924.) In action by bank, which claimed that it had beenwrongfully charged by another bank with amount of unpaid notes allegedby defendant to have been sold it by plaintiff, evidence that defendantwas never notified that plaintiff had credited others than itself with theproceeds of the note at the time of its acquisition by defendant heldadmissible on the issue whether defendant knew the note was not theproperty of plaintiff, but of others. (Ib.)

Appeal and error—Proof of custom of dealing between banks held not erroneouslyadmitted.

(U. S. C. C. A. 1924.) In action by bank against another to recoveramounts wrongfully charged to its account on notes alleged by defendantto have been purchased from plaintiff, proof of the custom or manner ofdoing business between the two banks held admissible on issue of collusionbetween plaintiff's president and defendant, and otherwise harmless,where judgment was not based on such existing custom. (Ib.)

Evidence that parties to notes involved in action between banks were directors andstockholders of plaintiff held immaterial,

(U. S. C. C. A. 1924.) In action by bank against another, which it wasalleged had wrongfully charged plaintiff with the amount of unpaid notesalleged to have been bought from it, minutes of a stockholders' meetingof plaintiff bank, adduced for the purpose of showing that parties to thenotes were directors, and one of them a large stockholder of plaintiffbank, held properly excluded as immaterial. (Ib.)

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OFFICERS

DIRECTORS—TERM OF OFFICE—SALARY

Director held not entitled to salary as chairman of board of directors after his term asdirector expires.

(Minn. Sup. 1923.) Plaintiff, a director in the defendant bank, was electedchairman of the board of directors for a specified length of time. Histerm as director expired and he was dismissed as chairman of the boardbefore the end of the term for which he was elected. Held, that he is notentitled to recover his salary for the unexpired term of service. (VanSlyke v. Metropolitan Nat. Bank. 193 N. W. Rep. 470.)

National bank can not legally hire any one of its officers for specified time.(Minn. Sup. 1923.) A national bank can not legally hire any one of its

officers for a specified time. (Ib.)

Attorney and client—Evidence held not to show that attorney intended to renderservices to bank without compensation.

(Md. App. 1924.) Evidence held not to show that it was intention of anattorney, rendering services to a bank prior to its insolvency, and bank'sintention, that he was not to be compensated for his services and thathis claim for compensation was an afterthought for purpose of meetingbank's receiver's claim against him on his guaranty of a loan which hesecured for bank. (Penrose v. Page, 125 Atl. Rep. 549.)

Attorney's right to accept employment from bank not affected by being a stockholderin corporation interested in bank.

(Md. App. 1924.) That an attorney rendering services to a bank prior toits insolvency was an officer of another corporation which was interestedas a stockholder in bank did not deprive him of right to accept employmentby bank as special counsel, nor, even in absence of express employment,justify inference that services were rendered without any intention on hispart to charge, or expectation by bank to pay, for same. (Ib.)

Attorney's right to accept employment from bank not affected by being guarantor ofmortgage loan by bank.

(Md. App. 1924.) That an attorney rendering services to bank prior to itsinsolvency was guarantor of a mortgage loan by bank did not warrant in-ference that in serving bank as counsel he was serving his own interest,for his obligation under guaranty could not have been affected bysuccess or failure of bank. (Ib.)

Attorney rendering services to bank prior to insolvency held entitled to reasonablecompensation.

(Md. App. 1924.) An attorney rendering services to bank prior to insolvencyheld entitled to a fair and reasonable compensation for services he ren-dered between date of his employment and the time the State bank com-mission took charge of bank. (Ib.)

POWERS OF AND REPRESENTATION OF BANK BY OFFICERS

False representations by cashier held not binding on the bank.(U. S. C. C. A. 1925.) False representations made by the cashier of a bank

as to the character and standing of a third person held not binding onthe bank, in the absence of evidence that it knew, or should have knownin the exercise of due care, of the dishonesty of the cashier. (Citizens'Trust & Savings Bank v. Herr. 4 Fed. Rep., 2d series, 483.)

Cashier can not bind bank by representations as to standing or solvency of thirdpersons.

(U. S. C. C. A. 1925.) In the absence of evidence that he is authorizedto do so, the cashier of a bank has no authority by virtue of his positionto make any representations on behalf of the bank as to the standing orsolvency of a third person. (Citizens' Trust & Savings Bank v. Falligan,4 Fed. Rep., 2d series, 481.)

Evidence held insufficient to charge bank with liability for fraudulent acts of cashier.(U. S. C. C. A. 1925.) Evidence held insufficient as matter of law to charge

a bank with liability for fraudulent acts of its cashier in aiding swindlersto defraud plaintiff. (Ib.)Digitized for FRASER

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Corporations—Plaintiff had burden of proving president's authority.(U. S. C. C. A. 1924.) Where a bank charged to bankrupt corporation

sums advanced to its president, claiming that it was by his direction,which sums bankrupt did not receive, the bank had the burden of prov-ing the president's authority. (Wallace v. Ohio Valley Bank. In reStar Car & Foundry Co., 2 Fed. Rep., 2d series, 53.)

Creditor hank held, required to credit bankrupt with a payment misappropriated,(U. S. C. C. Ar 1924.) Where the president of bankrupt corporation and

its treasurer, who was also vice president of a bank which held the presi-dent's personal note, without authority signed a check of bankrupt inpayment of the note, for which bankrupt received no consideration, itsvice president in such transaction acted for the bank, which is charges-able with notice of the facts, and must be required to credit the paymenton an indebtedness of bankrupt to it. (Ib.)

Fraud of creditor, not affecting other creditors generally, not ground for disallowanceof claim.

(U. S. C. C. A. 1924.) That a creditor made false statements as to bank-rupt's financial condition to one who afterward became a creditor does notentitle the trustee, representing creditors generally, to insist on post-ponement of the first creditor's claim until all others are paid. (Ib.)

Evidence held to warrant finding bank ratified act of officer in agreeing to honordrafts.

(U. S. C. C. A. 1924.) Evidence held sufficient to warrant finding that pri-vate bank governed by Burns' Annotated Statute, Indiana, 1914, sec-tions 3402-3417, ratified act of its vice president in agreeing that bankwould honor drafts drawn thereon. (Muentzer et al. v. Los Angeles Trust& Savings Bank, 3 Fed. Rep., 2d series, 222.)

Act of bank officer may be ratified after its commission, as well as authorized before-hand.

(U. S. C. C. A. 1924.) Unsanctioned act of bank officer may be ratifiedafter its commission, as well as authorized beforehand; bank's liability ineach case being same. (Ib.)

Bank can not escape liability for acts of its officer, knowledge of which is imputableto bank.

(U. S. C. C, A. 1924.) Bank can not escape liability for acts of its officerwhen knowledge of officer's conduct is imputable to bank, any more thanwhen actual formal notice is given to it. (Ib.)

Thai drafts called for "exchange and collection charges," while bank's agreement tohonor drafts did not mention such charges} held not to affect bank's liability.

(U. S. C. C. A. 1924.) That drafts drawn on defendant bank called for"exchange and collection charges/' while bank's telegram agreeing tohonor drafts did not mention such charges, did not relieve bank fromliability on drafts, where course of dealing between parties showed thatdrafts were paid without exchange, especially as, drafts being drawn onand payable at defendant's bank, there would be no exchange. (Ib.)

That bank paid many drafts drawn by corporation held sufficient to lull suspicionarising from knowledge that bank officer interested in corporation.

(XJ. S, C. C. A. 1924.) That bank had promptly paid many drafts drawn bycorporation was sufficient to lull any suspicion that holder of draft mighthave had because of knowledge that bank official who agreed to honordrafts was financially interested in corporation, and, at most, any issueas to holder's being innocent holder was for trial court to determine. (Ib.)

Corporation liable for tort of officer acting within the scope of his authority,(U. S. D. C. 1924.) The declaration in an action against a bank and one

of its officers, which alleges the felonious stealing of property of plaintiff,and that the individual defendant, acting as such officer and within thescope of his employment; aided and abetted such stealing, held to state acause of action against both defendants. (Blumenthal v. CommercialBank of St. Augustine et al., 1 Fed. Rep., 2d series, 64.)

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Bank and officer held properly joined in action for tort.(U. S. D. C. 1924.) A bank and one of its officers held properly joined in

an action charging both with liability for an act of the officer alleged tohave been committed while acting for the bank and within the scope ofhis authority. (Ib.)

National hank cashier liable for loss from loom of bank funds in excess of 10 per centof bank's capital and unimpaired surplus.

(Idaho Sup. 1925.) The cashier of a national bank is liable for any loss thatresults to the bank from the making by him of a loan to any person fromthe funds of the bank of a sum in excess of 10 per cent of the bank's capitaland unimpaired surplus. (First Nat. Bank of Hagerman v. Stringfieldet al., 235 Pac. Rep. 897.)

Bank is not liable to depositor for making excess loan through lending money with-drawn from depositor'& account with his authority.

(Idaho Sup. 1925.) The lending of money withdrawn from the accoun*of a depositor, with the authority of the depositor, does not constitutethe making of an excess loan under United States Revised Statutes, sec-tion 5200 (U. S. Comp. St., Sec. 9701), and the bank is not liable to thedepositor in an action to recover the deposit. (Ib.)

National bank not liable for act of cashier in lending money for depositor nor onguaranty of payment of such loan.

(Idaho Sup. 1925.) A national bank can not be held for the act of itscashier in lending money for a depositor, nor is the bank liable on a guar-anty of the payment of such a loan. (Ib.)

OFFICERS, CRIMINAL LIABILITY OF

Indictment against employee of national bank for abstracting checks held not duplic~itous.

(U. S. C. C. A. 1925.) An indictment against an employee of a nationalbank, under Revised Statutes, section 5209 (Comp. St., sec. 9772), forabstracting checks from the funds and credits of the bank, held not du-plicitous because it charged that he embezzled, abstracted, and willfullymisapplied the checks. (Theobald v. United States, 3 Fed. Rep., 2dseries, 601.)

Indictment held to show sufficiently that abstraction was without authority.(U. S. C. C A. 1925.) Indictment charging employee of national bank with

abstracting travelers' checks held to show sufficiently that the act chargedwas done without authority. (Ib.)

Travelers1 checks held by bank for issuance to customers held "credits" within mean-,ing of embezzlement statute.

(U. S. C. C. A. 1925.) The word "credits," as used in Revised Statutes, section5209 (Comp. St., sec. 9772), making it an offense for an officer or em-ployee of a national bank to embezzle, abstract, or misapply any of themoney, funds, or credits of the bank, includes papers intended to repre-sent, and which could perform and were intended to perform the functionof, credits, such as travelers' checks kept for issuance to purchasers.(Ib.)

Evidence held to sustain conviction of employee for abstracting credits of bank.(U. S. C. C. A. 1925.) Evidence that an employee absconded, and that he

cashed travelers' checks belonging to the bank, held sufficient to sustaina conviction for abstracting the checks. (Ib.)

Indictment against officer held not to charge misapplication of funds.(U. S. C. C. A. 1925.) An averment, in an indictment against an officer of a

national bank, that a fund to his credit in a special account was trans-ferred to his general account and applied on an overdraft, held not tostate facts constituting a willful misapplication of funds of the bank,under Revised Statutes, section 5209, as amended September 26, 1918(Comp. St., Ann. Supp. 1919, sec. 9772); no loss to the bank or depletionof its funds being shown. (Craig i1. United States, 5 Fed. Rep., 2d series,275.)

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Criminal law—Motion for directed verdict necessary to review of evidence.(U. S. C. C. A. 1924.) Where a motion by defendant for directed verdict

at the close of the Government's case is denied, with reserved exceptions,and defendant proceeds to introduce evidence without renewing the motionon the close of all the evidence, the sufficiency of the evidence can not bereviewed by the appellate court. (Deupree v. United States, 2 Fed.Rep., 2d series., 44.)

Criminal law—Improper remarks by prosecuting attorney must be objected to.(U. S. C. C. A. 1924.) When no objection is taken to remarks of the prose-

cuting attorney during the trial, it is too late to raise the question in theappellate court. (Ib.)

Criminal law—Objection and exception essential to review.(U. S. C. C. A. 1924.) Judicial Code, section 269, as amended (Comp.

St. Ann. Supp. 1919, sec. 1246), is intended to prevent reversals fortechnical errors, which, though properly preserved, do not affect substantialrights, and does not dispense with the necessity of objection and excep-tions. (Ib.)

Criminal law—An instruction is not reviewable, in the absence of objection or requestfor other instruction.

(U. S. C. C. A. 1924.) Where an instruction given was not objected to,and no request was made for other or further instruction, it is not assign-able as error. (Ib.)

Criminal law—An instruction held not prejudicial.(U. S. C. C. A. 1924.) An instruction held not prejudicial where, on de-

fendant's own theory of the law, the evidence was ample to sustain aconviction. (Ib.)

Instruction in prosecution for misapplication of funds not erroneous.(U. S. C. C. A. 1924.) In the prosecution of the cashier of a national bank

for willful misapplication of its funds, an instruction that restoration orsecuring of the amount admittedly due the bank, after indictment and afew days before the trial, was not of great, if any, weight as bearing onthe question of intent, held not erroneous. (Ib.)

Witnesses—Cross-examination of defendant, prosecuted for misappropriation ofbank's funds, held proper.

(U. S. C. C. A. 1924.) In the prosecution of the cashier of a national bankfor misappropriation of its funds, permitting defendant to be asked oncross-examination if he was not later joined in a distant city by a womanto whom some of the funds were diverted, held proper as bearing on thequestion of intent. (Ib.)

POWERS

IN GENEKAL

Some of incidental powers of national bank stated. .(Vt. Sup. 1924.) Discounting and negotiating promissory notes, drafts,

bills of exchange, and other evidences of debt, buying and selling ex-change, loaning money, etc., and receiving of money of others on generaldeposit, are among the incidental powers of a national bank in carryingon its business. (Holman v. Randolph Nat. Bank, Randolph Nat.Bank v. Holman, 126 Atl. Rep. 500.)

PURCHASE OF NEGOTIABLE PAPER

National bank can not trade negotiable paper held by it for other paper.(Utah Sup. 1923.) National bank has no right to deal in negotiable paper

except in manner provided by law, which is limited to discounting suchpaper, and i t can not trade negotiable paper held by it for other paper.(National Bank of the Republic v. Price, 234 Pac. Rep. 232.)

Government alone can complain that transaction by national bank is ultra vires.(Utah Sup. 1925.) That transaction whereby national bank exchanged

notes held by it for others is beyond its powers is no defense to maker ofnote traded to bank, but Government alone can complain. (NationalBank of the Republic v. Price, 234 Pac. Rep. 232.)

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POWER TO HOLD OR ACCUIRE REAL ESTATE

National bank can not lease land.(Calif. App. 1924.) Although a national bank has right to take conveyance

of land to secure a pre-existing debt, land so obtained may not be re-tained as an investment, and a lease of land by bank is wholly invalid,under Revised Statutes of the United States, sections 5133, 5137 (U. S.Comp. St., sees. 9658, 9674). (Standard Livestock Company v. Bank ofCalifornia National Association, 227 Pac. Rep. 962.)

National banks can exercise only powers expressly granted and incidental powers.(Calif. App. 1924.) National banks can rightfully exercise only powers

expressly granted by Revised Statutes of the United States, section 5133et seq. (U. S. Comp. St., sec. 9658 et seq.), or such incidental powersas are necessary to carry on national bank business. (Ib.)

Ultra vires contract can not be enforced against national bank.(Calif. App. 1924.) Ultra vires contract can not be enforced against a

national bank, such as warranty of quiet enjoyment in lease of land heldas security by bank. (Ib.)

Frauds, statute of—Assistant cashier must have written authority to bi?id bank bysigning lease.

(Calif. Sup. 1924.) Assistant cashier of a bank had no authority to bindbank by making lease in his own name as lessor in absence of writtenauthority, and bank can not be held as undisclosed principal in view ofCode Civil Procedure, sections 1967, 1971, 1973. (Standard LivestockCompany v. Bank of California National Association, 227 Pac. Rep. 962.)

WHEN NATIONAL BANK MAY TAKE MORTGAGE

Assignment of real-estate mortgage to bank, incompetent by charter to take title toreal estate, is only voidable; assignment of real-estate mortgage to bank, incompetentby charter to take title to real estate, is valid until assailed in direct proceedingby sovereign.

(Okla. Sup. 1924.) When a bank is incompetent by its charter to take atitle to real estate, an assignment to it of a real-estate mortgage is notvoid, under section 5137 of the Revised Statutes of the United States(U. S. Comp- St., sec. 9674), but only voidable. It is valid until assailedin a direct proceeding instituted for that purpose by the sovereign.(Melton et al. v. First Nat. Bank of Miami et al., 233 Pac. Rep. 441.)

POWER TO ACT AS EXECUTOR OR TRUSTEE

Right of national bank to act as executor under Federal reserve act.(U. S. Sup. 1924.) The act of September 26, 1918, chapter 177, section 2,

40 Statutes, 967, amending section 11 (k) of the Federal reserve act,authorizes a national bank haying the permit of the Federal ReserveBoard to act as executor if trust companies competing with it havethat power by the law of the State in which the bank is located, whetherthe exercise of such power by the national bank is contrary to the Statelaw or not. (State of Missouri at the relation of the Burns NationalBank of St. Joseph v. Duncan, Judge of the Probate Court of BuchananCounty, Mo., 265 U. S. R. 17.)

Power of Congress to grant accessory functions to national banks.(U. S. Sup. 1924.) The power of Congress to grant such accessory functions

to national banks, to sustain them in the competition of the bankingbusiness, can not be controlled by State laws. (First National Bank v.Fellows, 244 U. S. 416.) The authority given by the act is independentof regulations adopted by the State to secure the trust funds in the handsof its trust companies. 302 Mo. 130, reversed. (Ib.)

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Executors and administrators—-National bank converted from trust company namedas executor not entitled to issuance of letters testamentary.

(Mass. Sup. 1924.) A national bank is not entitled to issuance of letterstestamentary to it as person named as executor in will where testatornamed a State trust company which thereafter became converted intoa national bank, and still later effected a consolidation with petitionerunder General Laws, chapter 172, section 52; chapter 192, section 4;act Congress September 26, 1918, section 2; amending Federal reserveact, section 11 (k) (U. S. Compt. St. Ann. Supp. 1919, sec. 9794), RevisedStatutes of United States, section 5154 (U. S. Comp. St., sec. 9694);act November 7, 1918 (U. S. Compt. St. Ann. Supp. 1919, sees. 9696a,9696b), whether or not national bank into which trust company wasconverted was granted special permit to act as executor. (Petition ofCommon wealth-Atlantic Nat. Bank of Boston; petition of First Nat.Bank of Boston. In re Babbidge's Estate, 144 N. E. Rep. 443.)

No authority from State necessary to enable bank to change to national bank.(Mass. Sup. 1924.) No authority from the State was necessary to enable

State bank or trust company to change into a national bank, powerconferred by Revised Statutes of United States, section 5154 (U. S. Comp.St., sec. 9694), being ample. (Ib.)

Executors and administrators—Designation as executor not property or asset passingwhen trust company converted into national bank and consolidated.

(Mass. Sup. 1924.) Naming of trust company as executor in will was nota thing which, under Revised Statutes of United States, section 5154, asamended by act December 23, 1913, section 8 (U. S. Comp. St., sec.9694); act Congress November 7, 1918, section 2 (U. S. Comp. St.Ann. Supp. 1919, sec. 9696b), passed as property or an asset when trustcompany was converted into national bank, or when that bank wasconsolidated into another national bank; designation as executor notconferring any property right. (Ib.)

Courts—Final determination of constitutional validity of congressional action is in. Federal Supreme Court.

(R. I. Sup. 1924.) The final determination of the constitutional validityof congressional action is in the Federal Supreme Court. (Carpenter,Atty. Gen., v. Aquidneck Nat. Bank, 125 Atl. Rep. 358.)

National bank authorized to act as trustee where competing trust companies haveright to so act.

(R. I. Sup. 1924.) Under Federal reserve act, December 23, 1913, section11, subsection k, as amended by act of Congress, September 26, 1918,section 2 (U. S. Comp. St. Ann. Supp. 1919, sec. 9794), a national bankauthorized by Federal Reserve Board to act as a trustee, executor, ad-ministrator, or in other fiduciary capacity has a right to so act in viewof similar right of trust companies under General Laws, 1923, sections3990-3999. (Ib.)

SHAREHOLDERS

ASSESSMENTS•

Shareholder's payment to receiver of national bank to enable bank to resume business• held no defense in action to enforce assessment

(TJ. S. C C. A. 1924.) In suit by receiver appointed by Comptroller ofCurrency under act June 30, 1876, and act May 15, 1916 (Comp. St.,sec. 9821), against shareholder to enforce payment of assessment underact December 23, 1913 (Comp. St., sec. 9689), payment by shareholderof an amount to enable bank to resume business, after appointment ofreceiver, in reliance on representations by receiver made with acquiescenceof comptroller that payment would discharge liability of shareholder,held no defense. * (Huff v. Page, Huff et al. v. same, 2 Fed. Rep. 2dseries, 544.)

Banking officer of State may sue anywhere to enforce assessment on stockholders ofinsolvent bank.

(U. S. C. C. A. 1925.) The banking officer of a State is the statutorysuccessor of an insolvent State bank, and may sue in any State toenforce assessment on stockholders. (Gile v. Duke, Supervisor of Bankingof Washington, et al.; Jenks v, same. 5 Fed. Rep. 2d series, 952.)Digitized for FRASER

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Determination of banking officer of State of necessity of assessment conclusive.(U. S. C. C, A. 1925.) Determination of the banking officer of a State

that an assessment on stockholders of a State bank is necessary is con-clusive on the courts and can not be controverted by stockholders suedon the assessment. (Ib.)

Appeal and error—Successors in office pending appeal may be substituted as parties.(U. S. C. C. A. 1925.) Where plaintiffs sued as banking officers of the

State to enforce assessment on stockholder, and pending his appealtheir offices were abolished, and the powers and duties thereof vestedin other officers, they may be substituted. (Ib.)

Evidence held insufficient to prove fraud inducing purchase of bank stock.(U. S. D. C 1924.) In action under Federal reserve act December 23,

1913, section 23 (Comp. St., sec. 9689) and Revised Statutes section5220 (Comp. St., sec. 9806), to enforce shareholders' liability, by bank'sofficers and directors as bank's creditors, who had guaranteed bank'sindebtedness to other bank, testimony held insufficient to prove fraudinducing purchase of stock. (Taylor v. American Nat. Bank of WichitaFalls, Tex., et al., 2 Fed. Rep., 2d series, 479.)

Purchaser of stock subject to stockholders' liability, notwithstanding fraud inducingpurchase of slock.

(U. S. D. C. 1924.) Subscription of stock in national bank, obtained byfalse representations, is not void, but only voidable, and shareholder, whopermits name to be shown on books of bank as shareholder, is subjectto stockholders' liability under Federal reserve act December 23, 1913,section 23 (Comp. St., sec. 9689), and Revised Statutes, section 5220(Comp. St., sec. 9806). (Ib.)

Stockholders in national bank, being sued for stockholders9 liability, can not bringcross-action.

(U. S. D. C. 1924.) In action against stockholders in national bank toenforce stockholders' liability under Federal reserve act December 23,1913, section 23 (Comp. St., s*ec. 9689), and Revised Statutes, section5220 (Comp. St., sec. 9806), by a plaintiff who appears as trustee forbank's creditors, cross-action by stockholders is not permitted. (Ib.)

Stockholders' liability available to guarantors of bank's indebtedness to other bank.(U. S. D. C. 1924.) Liability of stockholders of national bank held avail-

able to guarantors of bank's indebtedness to other bank. (Ib.)Levy of assessment does not absolve shareholders from suit at instance of creditors.

(U. S. D. C. 1924.) That comptroller had previously levied assessmenton shareholders of national bank did not absolve shareholders from suitto enforce stockholders' liability, at instance of creditors, tinder Federalreserve act, December 23, 1913, section 23 (Comp. St., sec. 9689), andRevised Statutes, section 5220 (Comp. St., sec. 9806.) (Ib.)

Married woman, holding stock in national bank, liable for assessments.(U. S. D. C. 1924.) Married woman, who held stock in national bank in

her own right, under State law entitling her to so do, was liable for assess-ments in creditor's action, under Federal reserve act, December 23, 1913,section 23 (Comp. St., sec. 9689), and Revised Statutes, section 5220(Comp. St., sec. 9806). (Ib.)

One who ivas shown as shareholder on books of bank, and who voted stock, held liablein creditor's action to enforce stockholder's liability.

(TJ. S. D. C. 1924.) One in whose name stock stood on books of nationalbank, who participated in stockholders* meetings on several occasions,and voted stock, and who was shown on bank's books as stockholders,and who voted stock when indebtedness was contracted, held liable increditor's action to enforce stockholders' liability, under Federal reserveact, December 23r 1913, section 23 (Comp. Stv, sec. 9689), and RevisedStatutes, section 5220 (Comp. St., sec. 9806), though a pledgee. (Ib.)

National bank's settlement with debtor, who was stockholder, did not preclude en-forcement of stockholder's liability against other stockholders.

(U. S. D. C. 1924.) Settlement of national bank's claim against formerstockholder for substantial sum did not preclude enforcement of stock-holder's liability against all the stockholders in creditor's action underFederal reserve act, December 23, 1913, section 23 (Comp. St., sec. 9689),and Revised Statutes, section 5220 (Comp. St., sec. 9806). (Ib.)Digitized for FRASER

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182 BEPORT OF THE COMPTROLLER OF THE CURRENCY

Liability of stockholder of national bank for assessment slated.(U. S. D. C. 1925.) Under Federal reserve act, section 23 (Comp. St.,

sec. 9689), providing that stockholders in a national bank, who transfertheir stock within 60 days prior to its failure, shall be liable "to the sameextent as if they had made no such transfer, to the extent that the subse-quent transferee fails to meet such liability," the liability of the transferroris primary, and it is not necessary to its enforcement that legal proceed-ings should first be taken against the transferee. (Karraker v. Ernest,4 Fed. Rep., 2d series, 404.)

Guaranty—An absolute guarantor is liable immediately on failure of principaldebtor to perform his contract.

(U. S. D. C. 1925.) An absolute guarantor is liable immediately on thefailure of the principal debtor to perform his contract, without precedinglegal proceedings against the principal debtor. (Ib.)

WAREHOUSE

Under Canadian statute, innocent purchaser for value of warehouse receipts heldto have title to goods as against pledgee bank.

(U. S. D. C. 1924.) Bank act Canada, 3-4 George V, chapter 9, sections88, 89, does not vest in bank fee title to goods pledged with it to secureloan, and on pledgor's removal of such goods to United States with bank'sconsent, innocent purchasers of warehouse receipts for value obtainedtitle thereto. (Standard Bank of Canada v. Lowman et al., 1 Fed. Rep.,2d series, 935.)

Warehousemen—Cases of canned salmon held "fungible" goods, and warehousereceipts for specified number of cases out of larger mass were valid.

(U. S. D. C. 1924.) Under Rem. Compiled Statutes, Washington, 1921,section 3644, cases of canned salmon are fungible goods, each unit ofwhich is equal to others, and under section 3609 warehouse receipts forspecific number of cases out of larger mass is valid. (Ib.)

Warehousemen—Requisities of warehouse receipts stated.(U. S. D. C. 1924.) Under Rem. Compiled Statutes, Washington, 1921,

section 3588, warehouse receipt need not be of particular form, but mustshow location of warehouse, date of issue, consecutive number of receipt,whether goods shall be delivered to bearer, or named person, or his order,rate of storage charges, description of goods or package containing them,signature of warehouse, warehouseman's interest, if any, statement ofadvances or incurred liability, etc. (Ib.)

Warehousemen—Under Washington statutes, pledgee of warehouse receipts heldholders for "value."

(U. S. D. C. 1924.) Where salmon pledged to secure loan by Canadianbank were, with bank's consent, snipped to United States by pledgorunder bill of lading not containing words " nonnegotiable," bill wasnegotiable under Rem. Compiled Statutes, Washington, 1921, section3657, and subsequent pledgees of warehouse receipts were innocentholders for value; "value" being anything that will support simple con-tract. (Ib.)

Canadian pledgee, by intrusting goods to pledgor for shipment to United States,represented that title was in pledgor.

(U. S. D. C. 1924.) Canadian bank by intrusting pledgor of salmon securingloan with salmon for shipment to United States, represented that title wasin pledgor, and pledgor's negotiation of warehouse receipts to purchaserfor value without notice precludes bank from questioning purchaser'stitle, irrespective of Canadian Bank Act. (Ib.)

Under Canadian statutes, pledgee of goods to secure loan had "security title," andpledgor had "residue ownership title."

(U. S. D. C. 1924.) Under bank act Canada, 3-4 George V, chapter 9,sections 88, 89, where salmon was pledged to bank to secure loan, bankhad "security title," which did not have any extraterritorial force asagainst innocent purchasers for value in foreign jurisdiction, and pledgorhad "residue ownership title," and bank having consented to removal ofsalmon to State of Washington, property was thereby submitted to lawof that jurisdiction. (Ib.)Digitized for FRASER

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TABLE NO. 1.—Comptrollers and Deputy Comptrollers of the Currency, dates ofappointment and resignation, and States whence appointed

No. Name

COMPTROLLERS OF THE CURRENCY

MeCulloch, HughClarke, Freeman...Hulburd, Hiland RKnox, John Jay—- - ----Cannon, Henry W _ 1 —Trenholm, William L._Lacey, Edward S.Hepburn, A. BartonEckels, James HDawes, Charles G___Ridgely, William Barret . . . -Murray, Lawrence OWilliams, John SkeltonCrissinger, D. RDawes, Henry M . . .Mclntosh, Joseph W

DEPUTY COMPTROLLERS OF THE CURRENCY

Howard, Samuel THulburd, Hiland RKnox, John Jay _Langworthy, John SSnyder, V. PAbrahams, J. DNixon, R. MTucker, Oliver PCoffin, George MMurray, Lawrence OKane, Thomas P

Fowler, Willis JMclntosh, Joseph WCollins, Charles WStearns, E. W.._.

Date ofappointment

MayMar.Feb.Apr.MayApr.MayAug.Apr.Jan.Oct.Apr.Feb.Mar.MayDec.

9,186321,18651,186725,187212,188420,18861,18892,189226,18931,18981,190128,19082,191417,19211,192320,1924

May 9.1863Aug. 1,1865Mar. 12,1867Aug. 8,1872Jan. 5,1886Jan. 27,1887Aug. 11,1890Apr. 7,1893Mar. 12,1896Sept. 1,1898June 29,1899

July 1,1908May 21,1923July 1,1923Jan. 6,1925

Date of•esignation

Mar.JulyApr.Apr.Mar.Apr.JuneApr.Dec.Sept,Mar.

i Apr.Mar.Apr.Dec.

8,186524,18663,1872

30,18841,1886

30,188930.189225.189331,189730,190128,190827,19132,1921

30.192317.1924

State

Aug.Jan.Apr.Jan.Jan.MayMar.Mar.Apr.JuneMar.

11,186531,186724,18723.18863.188725,189016,189311,1896

27,18992,1923

Dec. 19,1924

Indiana.New York.Ohio.Minnesota.

Do.South Carolina.Michigan.New York.Illinois.

Do.Do.

New YorkVirginia.Ohio.Illinois.

Do.

New York.Ohio.Minnesota.New York.

Do.Virginia.Indiana.Kentucky.South Carolina.New York.District of Colum-

bia.Indiana.Illinois.

Do.Virginia.

1 Term expired. 2 Died Mar. 2, 1923.

TABLE NO. 2.—Names and compensation of officers and clerks in the office of theComptroller of the Currency October 31, 1925

Name Designation Salary

Quinn, Edmund FHerndon, John G_Gross, Clyde E_Yeatman, John PSchreiner, Edmund E . _.Burton, Russell OA very, AntoinetteDavenport, William S . . .Thompson, George.Kane, William AFuller, Jane L . . .Wanamaker, William H.Frye, Ruby MReese, William HBock, CarlJohnston, Edna EEllis, Harrie BPennock, Carrie LPoultney, William W_ _..Sithens, Charles HVerrill, Harry MWilson, Gordon KBulger, John CLovelly, Laura FLewis, John OMarble, George RO'Mara, Vera LSpencer, Norma HWTilcox, Ephraim S

67746°—26f-

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do-Junior administrative assistant-

dodo._

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do _.do

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Senior clerk,d o . . . . . .do

.do.Senior clerk-stenographer.

do_Clerk.Head operator, office devices.Clerk.:

do.Clerk-stenographer.Clerk.

do

$4,4003,3003,00®3,00@3,0003,00G2,80©2,70Q2,50§2,5002,50©2,4002,4002,40®2,4m2,30§2,3002,3002,1002,1002,1002,1002,0402,0402,0482,0402,0462,0402,040

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TABLE NO. 2.—Names and compensation of officers and clerks in the office of theComptroller of the Currency October 31, 1925—Continued

Name Designation Salary

Hanlon, Margaret THerndon, John WTucker, Samuel MWhelan, Marjorie BAllred, Nell HBentley, Thomas BO'Brien, May F._Friedrichs, Minna K___Hunt, HermonJones, Margaret EJump, Mollie CMoyer, Alta TMurphy, Desmond F__.Pumphrey, Carrie B _. _Reed, Samuel EDavies, Frances SMurphy, Maud VKestler, Mabel FAndrews, Etta FBaldwin, Wallace NBeall, Clara MBuckley, Regina CBurlingarne, Delia JDeal, Jessie FErickson, Bertha VHaley, John RHeizer, Nannie BHewson, EllaHiileary, RuaJamieson, William G—Johns, Francis WJorgenson, John AKelly, George™,Lavoie, Raymond ELowell, Harriet PMortimer, Mary H- - —.Mannerlyn, Joseph A—.Murx>hy, Clara MMcBride, Olga MaeNolan, Lida A . .Schiller. Ernestine H —Smith, Helen MGriffiths, Dolly SWalker, Johanna SuYoung, Grace EHeizer, Helen VTrumbull, AnnetteCrocker, Henry A. D . -Nichols, Sada CWigginton,.Norval P . . .Barry, Gertrude IBates, Mary E .Chisnolm, Elizabeth.-..Clagett, Dorothy LBailey, WilliamElmore, Annie LMagruder,. Edith PMallet, Katberine H_._Mueller, PaulineMeCrone, Clara G'B—Stewart, Walter HTaylor, Mathilda SWilson, Mildred CTylor, Gertrude IOgden, Nellie MChiles, Charles RPhillips, LenaB .Weeks, KatherineAnderson, Gunbilde C .Bales, Anna SBeH, Juliet PBullis, Sadie CCoHburn, Nellie AC ook, George M _.Dillaxd, JohnDodge, Victor HFrock, Annie CGleason, JosephineBaymon, N. MabelHopkins, Edna I__......Moncure, Frances W_._:McKinney, Elva L

Senior clerkSenior clerk-stenographer_

do.

Clerk-stenographer ..Assistant clerk-stenographer..Senior operator, office devices.Assistant clerk.. , . . ' , ,-,-..-

doClerk.

doClerk-stenographer,

do.do-

Clerk. _ ...Senior stenographer _Clerk.Assistant clerk-stenographer_Junior clerk..

Senior typist „___.Senior operator, office devices.Junior clerk..._,

_do_.Senior operator, office devices.Junior clerk ..____,

do_.. - . . do .Clerk .Junior operator, office devices...Clerk-sfeenographerJunior clerk

dClerk-stenographerJunior clerkAssistant clerk-atenographer.Junior clerk..-

doClerk.Junior clerkAssistant clerkJunior clerk-typist _Senior stenographerSenior operator, ©Sic© devices _Junior clerk.Assistant clerkSenior stenographerAssistant clerk

do-Senior stenographer.Junior clerkUnder clerk.Junior clerkJunior stenographer. _ _. _ _Assistant clerkUnderclerk.Junior clerk...Junior operator, office devices .Junior clerk. __

do..Junior operator, office devices-Junior clerkAssistant clerkJunior stenographer

do..Underclerk-Senior operator, office devices.Assistant clerkUnderclerk.Junior clerkUnderclerk..

doJunior clerk.Underclerk-.

do..Junior stenographer.UnderclerkJunior clerk

.da..

.do,.

.do..

.do..

$2; 0002,0002,0002,0001,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8001,7401,6801,6801,6801,6801,6801,6801,6801,6801,6801,6801,6801,6801,6801,680ls6801,6801,6801,6801,6801,6801,6801,6801,6801,6801, 68a1,6801,6801,6201,6201,5601,5601,5601,500I, SQft1,5001,509.1,5001,5001,5001,5001,5001,5001,5001,5001,5001, 500.1,5001,5001, 5001,5001,440,1,4401,4401,4401,4401,4401,4401,4401,4401, 4401,4401,4401,4401,440

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Page 192: Annual Report of the Comptroller of the Currency 1925

BEPOET OF THE COMPTROLLER OF THE GUBBEXGY 185

NO. 2.—Names and compensation of officers and clerks in the office of tlieComptroller of the Currency October 31, 1925—Continued

Name Designation Salary

Parsons, Edith NTschiffely, Lacey B. RWood, KathleenYarborough, Eva MMarks, Gra<3e JBrumbaugh, Delia L.Gurtin, Anna ERemether, Eva CKoontz, Clara EWatts, Metta FSmith, Charles A-Chamberlain, Robert JChapman, MaeDavidson, Julia.Easterday, William AHueter, Marion RKeim, Charles GG'Donnell, Josephine AQiiaekenbush, Dorothy SRatisch, t i l M iH l

, ceHessler, Grace EDickson, Martha LBrown, Edith L_. _Burke, Madeline V__Dillon, Minnie LDowden, Eleanor CDu Rant, Anna K____Dutrow, Mary H _Duvall, Grace NHarleston, Catherine AKellam, Margaret MKermett, EdnaMiller, BellumPennock, Emily E_Reese, Aline;.Roberts, Victoria-Settle, May C. W_Sheward, Adelaide HWhite, Grace MWolfe, Alice MZoll,.Theresa.Shelby, Magnus J.Braxtoa, Henry.Simms, Harry EBlount, Silas A __Cover, Thomas AMann, Harry G.Carroll, John I_Hall, JamesTaylor, John HWhiteman, EdgarHolland, Thomas. _Minis, Alvin EBlount, Joseph T__Mundle, James FLedbetterj Thomas J__Taylor, Mary F_.Powell, Queen

Junior typistJunior clerkUnderclerkJunior clerk _

do. __dodo

Junior operator, office devices.Junior clerk

dodo...do

Junior operator, office devices _Junior clerkUndermechanieJunior operator, office devices _Junior clerk

, ycile-Mi.__.

E

_do__Junior stenographer. _

do.. _.. _ _.do. _. ._

Underclerk.do _ _do

. . . . .dodo

Underclerk

do.do.dodo.dodo.do.do.s_ _

Under clerk-typistUnderclerk

do.do.. ___»

Messenger, CU 3-1do. .

. . . . d o .do.do.do. . .do—.:

.._ do;

do-dodoiJunior messenger, CU 1-1

Minor mechanic.Minor domestic attendant.

do. _

$1, 4401, 4401, 4401, 4401, 4401.3801,3801,3801, 3801, 3801,320

A, 320/1,320

1,3201,3201, 3201,3201,3201,3201,3201,3201,3201,2601,2601, 2601, 2601,2501,2801,2801,2901,2601,2601,2601,2601, 2661,2891,2601,2601, 2601,2601,2601, 2601,2601,2601,2001,200l>2001,1401,1401,14©1,1401,0801,0801,0201,0291,020

366366

TABLE NO. 3.—Number of national banks organized since February 25, 1868,number passed out of the system, and number in operation October 31, 1925

Under act of Feb. 25,1863. ___ 456Under act of June 3, 1864 _ 7,832Under gold currency act of July 12,1870.. _ _ 10Under act of March 14, I960 _ 4,543

Total number of national-banks-organized _ _ 12,841Number reported in voluntary liquidation 3,493Number passed into liquidation upon expiration of corporate existence 208Number consolidated under act of Nov. 7,1918 ___ 136Number placed in charge of receivers1 _ 886

Total number passed out of the system .___ 4,723

Number now in operation. _ 8,118

i Exclusive of those restored to solvency.

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Page 193: Annual Report of the Comptroller of the Currency 1925

186 REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 4.—Authorized capital stock of national banks on the first day of eachmonth from January 1, 1914, to November 1, 1925, United States bonds andmiscellaneous securities (act May 30, 1908) on deposit to secure circulation,circulation secured by bonds on deposit, circulation secured by miscellaneoussecurities, the amount of lawful money on deposit to redeem circulation^ andnational-bank notes outstanding, including notes of national gold banks.

[For prior years see annual report 1920]

DateNum-ber ofbanks

Authorizedcapital stock

UnitedStates bondson depositto secure

circulation

Circulationsecured

by UnitedStatesbonds

Circulationsecured

by miscel-laneous

securities

Lawfulmoney ondeposit toredeem

circulation

Totalnational-

bank notesoutstand-

ing

a9i4January.._FebruaryMarchApril.MayJune._JulyAugust^September...-October -NovemberDecember

1915JanuaryFebruaryMarchApril.MayJuneJuly-AugustSeptemberOctober.NovemberDecember

1916January _FebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember

1917JanuaryFebiuaryMarchApril .May.JuneJulyAugustSeptemberOctober ._NovemberDecember

1918JanuaryFebruaryMarch.AprilMayJune__ _JulyAugustSeptember...OctoberNovember...December. _.

7,5097,5017,5007,5007,5197,5287,5397,5487,5517,5617,5787,584

7,5937,6037,6107,6067,6127,6137,6147,6137,6237,6297,6327,632

7,6217,6097,6077,5937,5877, 5967,5887,5887,5977,6t)47,6087,604

7,5977,5937,6027,6007,6077,6167,6357,6417,6617,6647,6717,676

7,6887,6877,6887,6967,7037,7077,7187,7307,7457,7647,7657,776

$1,070,139,1751,069,684,6751,069,864,6751,069,969,6751.069, 706,6751,075,711,6751,074, 239,1751,073, 734,1751,073,524,1751,075,684,1751, 072,492,175], 074,074,675

1,074,382,1751,074,959,1751,076,434,1751,075,359,1751,075,186,1751,077,436,1751,076,301,1751,076,421,1751,077,016,3751,078, 566,3751,079,321,3751, 077,601,375

1,077,501,3751,074, 111, 3751,073,831,3751,072, 838,3751,071, 025,8751,070, 713,3751,070,858.3751,071,380,8751,071,870,8751, 069, 763,3751,074,853,3751,076,038,375

1,075, 733,3751,075,438,3751,078,037,8751,078, 577,8651,083,307,8651, 085, 662,8651,087,287,8651,091,197,8651,094, 627,8651,094,952, 8651,096, 637,8651,097,270,065

1,097, 555. 0651, 098,240,0651, 095, 700, 0651,097, 015,0651.097, 505, 0651.098, 215, 0651.099, 170, 0651,101, 840,0651,104, 675, 0651,107, 364,0651,108,124, 0651,110, 761,165

$743,066,500741,645,500741,445,500740,603,400741,213,210740,818,360740, 796,910740,220,660870,289, 600, 089,281, 290,109,989,665L, 017,177,241

897,146,922810,508,055770,139,524751,289, 635742,687,871738,666,230736,743,751735,867, 775735,698, 808735,793,393735,146, 743731,496, 540

730,337,740724,194,340715,256,090706,454, 690696,750, 590690,044,040690,440, 930689, 774, 660689,739,180687,931,240687,957,990682,853,740

677,315,840675,415,840674,992,080664, 526,370667, 587,120669,392, 710671,333, 060673,121, 730677,818,430678,134,370679,440, 210681,565, 810

683, 581,260684, 508, 260685, 349,410688, 060, 510688, 969, 710691,579,160690,384,150690,831, 260682,411,730683, 026, 300684,446,440684, 468, 950

$740,633,645736,194,233736, 509,838735,445, 281736,180,040735,423,425735,528,960735,222,801735,851,383737,109,983739,716, 693740,500,821

720,332, 713723,174,853716,818.068718,984,138722,193,808725,677,969725,313,141723, 617,314722,978,831722, 769,381722,754,924720. 633^61

719,571,758718,923,490711,129,418702, 730,413693,132,610686,634,103686,583,635685,996,918683,786, 698684,409,881679,650,913675,006, 203

674,659,613670, 717,615671,001, 858661,371,468664,245,448666,344, 773667, 670,433670,367,175674, 514, 656675,182,077676, 703,103678,948, 778

681,814,981681, 521,546680,992, 731684,667,148

687,998, 070687, 326, 508687, 577, 695680,209,970678,465, 863679, 637, 575676,431,533

5126, 241, 760325. 007,900361,119,940270,078,236

150,836,69267,307,16531,133, 73415,154, 6956, 582. 5812,508,940719, 561185, 245181, 778172,203171,20355,492

$17, 209,31617,828, 53316,658,99316. 605,01815,585.72616,131, 27115,142,93915, 684.22015,447,13815,766,89320,632,278101,420,019

168,541,616191,724,115190,078,639165,409,147139,016, 678112,101,03893,240,89180, 798,81470, 626,19863, 794, 87656,991,55455, 677,100

51, 765,45047,468, 57851, 866,89555, 706,27860, 622, 29662,045,07057, 591,02554,324, 27850,707,15348,900,33246,418,37749,199,416

52,165,62750,540,47647,118,05756,191,13253,245,37450,241,20247,749,57745,416, 74743,223,05941,396,30539, 573,27238,103,287

37,397,64936,311, 66937,047,27436, 252,35936,189,81735,989, 57536, 878. 97736,150,41744,108, 68243,467, 30741, 833, 56240,421,622

$757,842,961754,022,766753,168,831752,050,299751,765,766751, 554,696750,671,899750,907,021877, 540,281

1,077,884,776[,121,468,911L, 111, 999,076

, 039,711,021982,206,133938,030,441899, 547,980867,793,067840,287,947819,273,593804,601,373793,786,807786,736.460779,917,681776,365,653

771,337,208766,392,068762,996,313758,436,691753,754,906748,679,173744,174,660740,321.196734,493,851733,310,213726,069,290724,205,619

726,825,240721,258,091718,119,915717,562,600717,490,822716,585,975715,420,010715,783,922717, 737,715716, 578,382716,276,375717,052,065

719,212,630717,833,215718,040,005720,919,507722,288,177723,987,645724,205,485723,728,112724,318,652721,933,170721,471,137716,853,155

* Subsequent to this date, and to December, 1916, miscellaneous securities included with United Statesbonds.Digitized for FRASER

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Page 194: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY 187

TABLE NO. 4.—Authorized capital stock of national banks on the first day of eachmonth from January 1, 1914) to November 1, 1925\ United States bonds andmiscellaneous securities (act May 8Q, 1908) on deposit to secure circulation,circulation secured by bonds on deposit, circulation secured by miscellaneoussecurities, the amount of lawful money on deposit to redeem circulation, andnational-bank notes outstanding, including notes of national gold banks—Contd.

[For prior years see annual report 1920]

DateNum-ber ofbanks

Authorizedcapital stock

UnitedStates bondson depositto secure

circulation

Circulationsecured

by UnitedStatesbonds

Circulationsecured

by miscel-laneous

securities

Lawfulmoney ondeposit toredeem

circulation

Totalnational-

bank notesoutstand-

- ing

1919JanuaryFebruaryMarchApril -__May .JuneJulyAugust-------SeptemberOctoberNovemberDecember

1920JanuaryFebruaryMarch_ _AprilMay__ -June.July....AugustSeptemberOctoberNovemberDecember

1921JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember

1922JanuaryFebruaryMarchlAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember

1923JanuaryFebruary .March_AprilMay._JuneJulyAugustSeptemberOctober, _.NovemberDecember

7,7817,7817,7777,7857,7927,8037,8247,8297,8607,8657,9007,916

7,9487,9557,9788,0098,0318,072

8,1118,1308,1448,1578,166

8,1738,1798,1858,1818,1848,1798,1788,1818,1878,1878,1798,188

8,2078,2138,2178,2318,2508,2638,2748,2658,2658,2628,2628,264

8,2618,2588,2608,2598,2688,2758,2768,2738.2738,2758,2648,247

11,110,936,1651,108,259,1651,107,404,1651,110,104,1651, 111, 809,1651,115, 054,1651,123,819,1651,135,149,1651,141,329,1651,143,299,1651,155,139,1651,157,229,165

1,161,439,1651,177, 719,1651,184,809,1651,195,309,1651,217,074,2651,223,278,2651,229,429,7651,242, 084, 7651,252,519,7651,255,929, 7651,273,949,7651,274,859,765

1,272,464,7651,272, 670, 5651.276, 780, 5651,271, 285, 5651.277, C75, 5651, 274, 445, 5651,276, 720, 5651,281, 770, 5651,283,035, 5651,285,120, 5651,281,995,5651,283, 755,565

1,286,265,5651,288,220, 5651,296,345,5651,298, 961, 5651,303,031,5651,305, 931,5651,315,476,5651,317,271,4151,316,017,9151,314,938,7151,316, 968, 7151,317,668, 715

1,328,558,7151,321,718,7151,325,058, 7151,327, 216, 2151,330,171,2151,333,526,2151,338, 571,2151.341, 286,2151.342, 911, 2151,342, 071,2151,342,728,7151,342,473,715

$684,648,950683, 004,450683,342,450688,183, 250889,878, 300691,052,300692,252, 950693,343, 210694,621,710696, 288,160695,822, 060698,196,300

699,357, 550699,936,250701,469,450702, 846,200704,884,000706,307,750707,963,400709,436,400711,000,900711,839, 000712,066,500714,888,640

715,325,440714,973,190716,966,190719,049,440720,012.440722,491, 590722,898,440723, 675,190724, 770,490727, 002,490727, 512,490728,351,240

728.523,240729,425,740729. 702, 240730,016,940731, 693,690733,876, 590734, 546, 300735,160, 690735,460,690737, 501,940737,660, 690739,018,690

738,257,440739,329, 840741, 077, 590742,879,540742, 823, 590744, 034,190744, 654, 990744, 848,940745, 585, 080746,780,830746,562,330746,778,030

.683, 661,878680,025,471679, 799,125684, 292,440686,157,475685,612,243683,086, 600686,278, 555689,235, 005687,460, 223687, 666, 753688,995,580

691,689,258699, 866,398689, 748,578691,498,920692,104.195686,225; 000689,327,635698,099,990698, 592,128699,461,435704, 732,185706, 600,480

695, 900, 770689, 592, 883697, 728, 580702, 948, 00769.1, 643, 480709, 657,145712, 763, 865702, 570,407711, 000, 205715, 836, 355716,304. 820723,023,965

724,235, 815724,480, 758727,465, 523727,838,900729,526,135730,203,870732, 585, 640732,467, 585733, 623,525734,465,283734,520,475736,065,365

735,281,275734, 541,173738,423,517739,984, 523740,099, 541742,178,351719,103, 625740,986, 663740, 323,568742,184,915743,806.385743,984,275

$39, 867.33241, 903, 02742,080, 34740,194, 75238, 973, 64737,152, 67736,190, 33334, 629,20735,328, 66534, 024,98734, 727,57233,146, 580

32,649,43433,241, 79232,892,67732,439,83231,288, 57731,039,88729,710,09528,363, 71427,403, 92427, 015,64727,817,44427,410,317

27,376,45230.061,04430,065,28429, 870,47732.172, 87230, 936,21430, 526, 50929,848, 77228,148, 66927,402, 75926, 984,02726,283,132

25,932,10925,130,60924,569,95924,840,52225,096,41425,696,83225, 616,38725,603,97726,082,02426, 285, 91426,158,71225,433,762

26,846,81.229, 209, 78928, 620,18727,197,98127,868, 73127, 829,64128,336,09428, 823, 71428, 621, 24428,137,09228, 799. 88429,450; 769

$723,529,210721,928,498721, 879,472724,487,192725,131,122722, 764.920719, 276, 933720,907, 762724, 563, 670721,485, 210722,394,325722,142,160

724,338, 692733? 108,190722,641,255723,938, 752723,392, 772717,264,887719,037,730726,463, 704725,996,052726,477,082732,549, 629734,010, 797

723,277,222719,653,927727, 793,864732, 818,484723, 816, 362740, 593,359743, 290,374732,419,179739,148,874743, 239.114743, 288, 847749,307,097

750,167, 924749, 611,367752, 035,482752, 679,422754, 622, 549755, 900, 702758, 202,027758, 071, 562759, 705, 549760, 751,197760,679,187761,499,127

762,128,087763, 750,962767,043,704767,182, 504767, 968, 272770,007,992747,439, 719769, 810, 377768, 944, 812770,322,007772, 606, 289773,435,044

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Page 195: Annual Report of the Comptroller of the Currency 1925

REPORT OW THE COMPTROLLER OF THE

TABLE N O . 4,—Authorized capital stock of national banks on the first day of eachmonth from January ly 1914, to November 1, 1925y United States bonds andmiscellaneous securities (-act May 30, p908) on deposit to secure circulation,circulation secured by bonds on deposit, circulation secured by. miscellaneoussecurities^ the amount of lawful money on deposit to redeem circulation, andnational-bank notes outstanding, including notes of national gold banks-—Contd.

[For prior years see annual report 1920]

Date

1924JanuaryFebruary .March,April. __-May___June.July.August.September.. __OctoberNovember."...December

1925January. _*__.FebruaryMarchAprils -May:..June—July...August.September. . . .October ,November.. _

Num-ber ofbanks

8,2348,219

;s>iss-8, J.64:

•8,153-8* 1378;-1258yll78,1098,1088,0988,:092'

8; 0908,0788*0688,0668,0848,103

i8;l!28;1_7.8,1158,1208,118

!

Authorizedcapital stock

$1,338; 513,7151,336,133,7151,339,378; 7151,341, 776,2151; 342, 071,2151,340,916*2151,340,141,215l,342,096;2151,341,636,2151,342,606,2151,335,766,2151,334,891,215

1,339,093,7151,342,563,7151,356, 043, 7151,359, 768,7151,369, 553, 7151,372,738,7151; 376,973, 7151,377,358, 7151,379, 623, 7151,381,983,2151, 381, 978, 215

UnitedStates bonds

on depositto secure

circulation

$746,577,780747,256,230748,875,180749,974,180750,676,680750,113,430750,858,930746,611,640742,462,390741,239*890739,842,890'737,635,790

731,613,630725,171,780.666,943,330665,608,330666,010,330665;502,880665,061,330665; 227,130665,810,130665,542,630666,185,130

Circulationsecured

by UnitedStatesbonds

$740,521,752742,670,537743,454,758745, .171, .676745,795,653745,029,518744,953,710740,549,740737", 141,058 •736,557,660735;602^435733,995,581

727,175,641722,092,263663,324y91I:661*613,281661* 397,558;

061*293,895660, 501, 393660,341,413662>186;083661,380,320:662,538,; 483

Circulationsecured

by miscel-laneous

securities

Lawful. money on

deposit toredeem

circulation

$31,045*22730,126; 232:30,964*44431,162,36631,611,33932,460,68933,058,06936; 537; 84940/052,13639,269*18#38,67^,18940,152,976

44,87*, 17647,748yl8&

100,532>36693,597,40686,028:28178,275,574;

72,864*68!66,214,27161,476; 914:56,543,56951,264*261

Totalnational-

bank notesoutstand-

ing

$77-1,566,-979772,796,769774,419,202776,334,042777,406,992777,490,-127778; 011,779777; 087, 589777,193,194775,826,844774,281,624774,148,557

772,046,817769,840,402763*857,277755,210,687747,425,819739*569*469733,366,074726,555,684723,662>997717,923,889713; 802,744

NOTE.—Notes redeemed but not assorted not included in circulation outstanding.

TABLE NO. 5.—National banks reported in liquidation from November 1, 1921$, to•October 81, 1925, the names, where known, of succeeding banks in cases ofsion, with date of liquidation and capital

Name and location of bankDate ofliquida-

tion

1924Oct. 28

Sept> 29

Oct. 21

Nov. 1

Oct. 25

Nov. 1Nov. 4

Nov. 5

Oct. 2Oct. 31Oct. 25

Oct. 11

Dee. 2 s

Nov. 29

Capital

$75,000

25,000

25,000

100,000

25; 000

100,00025,000

100,000

100,00050,00025,000

1,000,000

25,009

25,000

Stock Growers National Bank of Rawlins, Wyo. (9557)* absorbed by First NationalBank of Rawli_s.-_ _ .__._ -_, . ._. ._.

Farmers National B a n t of Americus, Kans; (10902), absorbed by Americus StateBank, Americus ... -_.„..____

First National Bank of Shelburn, Ind.,. (7513), succeeded by First State BankofShelburm.- ___ _ . . . -_ >_

First National Bank of Fullerton, Calif. (5654), absorbed by Pacific-SouthwestTrust & Savings Bank, Los Angeles, CaliL . .

First National Bank of Lankershim, Calif; (11991), absorbed by California Bank,IJOS Angeles, Calif ___

Peoples National:Bank of Hagerstown, Md» (4856), succeeded by NicodemusNa*tional Bank of Hagerstown _

First National Bank of Reform, Ala. (11233)National Mechanics Bank of Newport News, Va. (11364), absorbed by Schmelz

National Bank of Newport News . __._Farmers National Bank of Shenandoah, Iowa (11588), absorbed by Shenandoah

National Bank, Shenandoah.First National Bank of Watts, Calif. (12210). _,Dakota National Bank of Webster, S. Dak. (12374)First National Bank of Oakland, Calif. (2248), absorbed by American Bank of San

Francisco, Calif _. . .American National Bank of Augusta, Kans. (10888), absorbed by First National

Bank of Augusta:First National Bank of Shoshoni, Wyo; (7978), succeeded by First State Bank,

ShoshoniL.— ,.

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Page 196: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OS' THE CTJKEElifGY 189

TABLE NO. 5.—National banks reported in liquidation from November 1, 192^} toOctober Sly 1925, the names, where known, of succeeding banks in cases of succes-sion, with doie of liquidation and capital-—Continued *

Name and location of bankDate ofliquida-

tionCapital

First National Bank of Carbondale, 111. (4904),. absorbed by Carbondale Trust &Savings Bank of Carbondale, which converted into First National Bank in Car-bondale (12596) .

First National Bank of Centrahorna, Okla. (12116), absorbed by First NationalBank in Coalgate, Okla...

Westmoreland National Bank of Greensburg, Pa. (4974), absorbed by MerchantsTrust Co. of Greensburg _

Merchants National Bank of Harrisburg, Fa. (3713), absorbed by Central Trust Co.,Hareisburg

First National Bank of Ada, Okla. (5620), succeeded by First National Bank in Ada.Mill Creek National Bank, Mill Creek, Okla. (12188), absorbed by First National

Bank of Mill Creek .___ ___Corn Exchange National Bank of Omaha, Nebr. (9730), absorbed by Omaha Na-

tional Bank, Omaha._ ___ _ _Nampa National Bank, Nampa, Idaho (11821) succeeded by Nampa State Bank of_ Nampa __

1924Dec. 9

Dee. 1

Dec. 31

.do-Dec. 22

Dec. 27

First National Bank of Drumright, Okla. (10595), absorbed by Drumright StateBank, Drumright .._

Merehants: & Planters National Bunk of Porter, Okla. (12394), absorbed by FirstNational Bank of Porter „ —- _-...

First National Bank of Telluride, Colo. (4417), absorbed by Bank of TellurideClifton National Bank, Clifton, Tex. (11930), absorved by First Guaranty State

Baakcf Clifton...American National Bank of Lewiston, Idaho (11745),; succeeded by American Bank

& Trust Co. of. Lewiston.. _ _Hope National Bank, Hope, Ark, (8594), succeeded by First National Bank of Hope,.First National Bank of Kemp City, P. O. Hendrix, Okla. (12161), absorbed by

Farmers & Merchants National B ank of Acli file* Okla -. _American National Bank of Boynton, Okla. (12265), succeeded by American State

Bank, BoyntonStandard National Bank of Washington, D. C. (12139), absorbed by District

National!Bank of Washington _ _First National Bank ©f Fall River, Mass. (256), absorbed by B. M. C. Duri'ee Trust

Co., Fall River....American National Bank of Durant, Okla. (12126), absorbed by Durant National

Bank, Durant . _. .__First National Bank of Hartford^ Ark. (11748), absorbed by Farmers & Miners

National'Bank of Hartford __ _._.First National Bank in Bokchito, Okla. (12211), absorbed by Durant National

Bank, Durant, OklaFirst National Bank of Elbert, Colo. (11681), absorbed by Elbert Co. Bank, Elbert..Security National Bank of Blackwelly Okla. (12040), succeeded by Security State

Bank of BlackwellFarmers National Bank of Hollis, Okla. (12237), absorbed by National Bank of

Commerce of Hollis .Railroad National Bank of Roseville, Calif. (11992),.absorbed' by Farmers & Mer-

chants Bank of Sacramento, Calif „Southern National Bank of Memphis, Tenn. (12348), absorbed by Fidelity Bank &

Trust Co., Memphis.___First National Bank of Portland, Conn. (1013), succeeded by Portland Trust Co.,

PortlandCopper National Bank of East Ely, Nev. (5578), absorbed by Ely National Bank,,

Ely.

Dec. 31

Dec. 6

.do..

Peoples National Bank of Lancaster, Fa. (3650), absorbed by Peoples Trust Co. ofLancaster

First National Bank of Thermopolis, Wyo. (5949), succeeded by First NationalBank in Thermopolis ____

American National Bank of Byars, Okla. (11498), absorbed by Byars State Bank,Byars_

Stater National Bank of Comanche, Okla. (11771),succeeded by Security State Bankof Comanche .„_

First National Bank of Camden, Tenn. (8506), absorbed by Commerce UnionBank of Nashville, Tenn, _..__>_ .._

First National Baak of Molt, Mont. (11013), absorbed by Midland"National Bankof Billings, Mont___

First National Bank of Booker, Tex. (11400) absorbed by First State Bank ofBooker

Western National Bank of Caldwell, Idaho (8225), absorbed by C aid well Commer-cial Bank, CalciweH _

First National Bank of Luverne, Minn. (3428), succeeded by First and FarmersNational Bank in Luverne

Farmers National Bank of Luverne, Minn. (7770), succeeded by First and FarmersNational Bank in Luverne. —

First National Bank of Madisonville, Ohio (8557), absorbed by Union Trust Co.Cincinnati, Ohio

Boone National Bank^Boone, Iowa (6838),.absorbed by Boone State Bank, Boone.

Dec. 27Nov. 29

1925Jan. 10Jan. 13

1924Dec. 29

Dee. 24

Oct. 291925

Jan. 131924

Dec. 27

Nov. 291925

Jan. 28Jan. 15

1924Dec. 22

1925Jan. 27

1924Dec. 23

1925Feb. 5

Mar. 21

Jan. 13

Feb. m

Feb. 211024

Dec. 22

Dec. 311925

Jan. 13

Jan. 171924

Dec. 31

1925Mar. 25

-do..

Mar. 26Mar. 24

$50,000

25,000

100,000

100,000100,000

25,000

300,000

100,000

50,000

25,00075,000

25,000

100,000100,000

25,000

25,000

200,000

400,000

100,000

32,500

25,00025,000

100,009

25,000

50,000

300,000

100,006

75,000

200,000

100,000

25,000

50,000

25,000*

25,000

25,000

50,000

100, GOO

50,009

50,000100,009

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Page 197: Annual Report of the Comptroller of the Currency 1925

190 REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 5.—National banks reported in liquidation from November 1, 1924, toOctober 8}, 1925, the names, where known, of succeeding banks in cases of succes-sion, with date of liquidation and capital—Continued

Name and location of bankDate ofliquida-

tionCapital

First National Bank of Creston, Iowa (2586), succeeded by First National Bank inCreston, Iowa... _ __ _

Bogata National Bank, Bogata, Tex. (10639), absorbed by First National Bank ofBogata _ _ .

First National Bank of Loco, Okla. (12221), succeeded by First State Bank, Loco..Cmnami.nson National Bank of Riverton, N. J. (8484), succeeded by Cinnaminson

Bank & Trust CoCitizens National Bank of Longview, Tex. (6043) absorbed by Commercial Guar-

anty State Bank of Longview •___First National Bank of Firth, Idaho (11198), absorbed by First National Bank of

Blackfoot, Idaho _Citizens National Bank of Belington, W. Va. (6618), absorbed by First National

Bank of BelingtonFirst National Bank of Walden, Colo. (11248). . _ . , . _ _Garfield National Bank of Enid, Okla. (12039), succeeded by Garfield Co. Bank of

Enid ..._First National Bank of Blackduck, Minn. (9147), succeeded by Farmers State Bank

of Blackduck. _ _First National Bank of Vinton, Va. (11911), absorbed by Peoples Bank of Vinton..First National Bank of Littlefork, Minn. (11863), succeeded by State Bank of

LittleforkFrancis National Bank, Francis, Okla. (10454), succeeded by First State Bank of

Francis .__ _Merchants National Bank of Massillon, Ohio (4286), absorbed by Ohio Banking

& Trust Co., Massillon .First National Bank of Froid, Mont. (11061), absorbed by First State Bank of

FroidFirst National Bank of Morrill, Nebr. (9653), succeeded by First National Bank

in MorrillFirst National Bank of El Centro, Calif. (9350), absorbed by Bank of Italy, San

Francisco, Calif _Enid National Bank, Enid, Okla. (10202), succeeded by Enid Bank & Trust Co.,

Enid _. _ -._First National Bank of Savannah, Mo. (5780), absorbed by First Trust Co. of

Savannah. __. _ _First National Bank of Fannersburg, Ind. (11035), succeeded by Farmersburg

State Bank, Farmersburg ___•_First National Bank of Mitchell, Nebr. (7026), succeeded by First National Bank

in MitchellAmerican National Bank of Santa Ana, Calif. (11869), absorbed by Bank of Italy,

San Francisco, Calif _ _Farmers & Merchants National Bank of Benton, Ark. (11225), absorbed by Benton

Bank & Trust Co., Benton __First National Bank of East Conemaugh, P. O. Conemaugh, Pa, (6979), absorbed

by United States Trust Co. of Johnstown, PaCitizens National Bank of Kingfisher, Okla. (12068), absorbed by Peoples National

Bank of Kingfisher _ _First National Bank of Fairfax, S. C. (10979), succeeded by National Security

Bank of Fairfax _.- _First National Bank of Edmond, Kans. (9160), succeeded by Edmond State

Bank, Edmond. _ _First National Bank of Arco, Idaho (11794), absorbed by Butte Co. Bank of Arco_.Fifth National Bank of the City of New York, N. Y. (341), absorbed by Manu-

facturers Trust Co., New York, N. Y _First National Bank of Blue Jacket, Okla. (10627), absorbed by Blue Jacket State

Bank. ._ _First National Bank of Clio, S. C. (11153), absorbed by Peoples Saving Bank of

Clio -Golden State National Bank of Anaheim, Calif. (11823), absorbed by Bank of

America, Los Angeles, Calif ___Glenside National Bank, Glenside, Pa. (9668), absorbed by Glenside Bank &

Trust Co., GlensideFirst National Bank of Scottsblufi, Nebr. (6240), absorbed by Scottsbluff National

Bank, ScottsbluffFarmers & Merchants National Bank of Fullerton, Calif. (9538), absorbed by

Bank of America, Los Angeles, Calif__Gotham National Bank of New York, N. Y. (9717), absorbed by Manufacturers

Trust Co., New York, N. Y . . .American National Bank of Sayre, Okla. (12486), absorbed by First National Bank

of Sayre ---City National Bank of McAlester, Okla. (6406), absorbed by McAlester Trust Co..First National Bank of Payette, Idaho (5906), succeeded by Payette State Bank__Mount Vernon National Bank, Mount Vernon, Ind. (7786), succeeded by Mount

Vernon National Bank & Trust CoRupert National Bank, Rupert, Idaho (10517), succeeded by Rupert State Bank._.

-Peoples National Bank of Prosperity, S. C. (6994), succeeded by Citizens NationalBank of Prosperity

1925Mar. 26

Mar. 28Feb. 11

Apr. 11924

Dec. 311925

Jan. 5

Mar. 28Mar. 30

Apr. 10

Apr. 28Apr. 30

Apr. 25

Apr. 30

May 1

May 2

Mar. 31

Apr. 23

Apr. 13

Apr. 18

Mar. 1

Mar. 31

Apr. 22

May 15

Jan. 24

May 20

May 15

Mar. 10Mar. 9

May 28

May 14

June 22

June 18

June 30

July 1

June 15

May 29

Mar. 12June 29July 6

June 30Jan. 31

July 9

$50,000

50,00025,000

100,000

100,000

25,000

40,00025,000

100,000

25,00050,000

25,000

25,000

500,000

25,000

25,000

200,000

100,000

50,000

25,000

50,000

200,000

25,000

50,000

50,000

50,000

25,00050,000

1,200,000

25,000

25,000

75,000

125,000

50,000

50,000

1,500,000

25,00050,00080,000

50,00050,000

25,000

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Page 198: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY 191

TABLE NO. 5.—National banks reported in liquidation from November 1, 19&4, toOctober 31, 1925, the names, where known, of succeeding banks in cases of succes-sion, with date of liquidation and capital—Continued

Name and location of bank

Exchange National Bank of Kome, Ga. (10303), absorbed by National City Bankof Rome

Wabash National Bank of St. Paul, Minn. (11770), liabilities assumed by the Clear-ing house banks of St. Paul ._

Dayton National Bank, Dayton, Ohio (898), absorbed by City National Bank ofDayton

Date ofliquida-

tion

Commercial National Bank of Ogden, Utah (3139), succeeded by CommercialSecurity Bank of Ogden .

National Bank of Methuen, Mass. (1485), succeeded by Methuen National Bank,Methuen — -

First National Bank of Norristov/n, Pa. (272), absorbed by Montgomery TrustCo. of Norrristown

First National Bank of Slick, Okla. (11982), absorbed by Slick National Bank, Slick.First National Bank of Afton, Okla. (10339), absorbed by Farmers State Bank of

Afton.First National Bank of Nixon, Tex. (10682), succeeded by Nixon National Bank,

Nixon .First National Bank of San Fernando, Calif. ((9575), absorbed by Bank of Italy,

San Francisco, CalifSlick National Bank, Slick, Okla. (12388)First National Bank of Fairmount, N. Dak. (6255), absorbed by National Bank of

Fairmount _..Guaranty National Bank of Talequah, Okla. (11485), absorbed by Liberty Na-

tional Bank of TalequahClayton National Bank, Clayton, N. Mex. (11136), absorbed by Farmers & Stock-

mens Bank of ClaytonDrovers National Bank of Kansas City, Mo. (9500), succeeded by Drovers National

Bank in Kansas CityFirst National Bank of Mussellshell, Mont. (11269), absorbed by Miners & Mer-

chants Bank of Roundup, MontFirst National Bank of Watonga, Okla. (5804), absorbed by First Bank and Trust

Co., Watonga.- __._First National Bank of Putnam, Okla. (12086), succeeded by First State Bank,

PutnamFirst National Bank of Lahoma, Okla. (9974), succeeded by First Bank of Lahoma.First National Bank of Tecumseh, Okla. (5378), absorbed by Tecumseh National

Bank, TecumsehFirst National Bank of Laurel, Nebr. (9793), absorbed by Laurel National Bank,

Laurel

1925July 11

July 10

July 13

July 31

Aug. 1

.do..

Elston National Bank of Crawfordsville, Ind. (7773), succeeded by Elston Bank& Trust Co., Crawfordsville

Blaine County National Bank of Hailey, Idaho (11053), succeeded by First NationalBank in Hailey

Peoples National Bank of Custer City, Okla. (12185), succeeded by Peoples Bankof Custer City _

First National Bank of Bridgeport, W. Va. (11877), absorbed by Bridgeport Bank,Bridgeport *

National Union Bank of Boston, Mass. (985), absorbed by State Street Trust Co.,Boston.

City National Bank of Watertown, N. Y. (4296), absorbed by Jefferson CountyNational Bank of Watertown _

Total (123 banks) _

Feb. 21

Aug. 5

Aug. 11Aug. 12Aug. 3

Aug. 28

Aug. 6

June 6

Aug. 25

Feb. 25

July 21

Aug. 38Aug. 27

Sept. 22

Sept. 18

Oct. 1

Oct. 22

Sept. 11

Oct. 21

Oct. 13

Oct. 31

Capital

$150,000

200,000

300,000

100,000

100,000

200,00025,000

25,000

50,000

50,00025,000

25,000

25,000

25,000

1,000,000

25,000

50,000

25,00025,000

25,000

40,000

100,000

50,00

25,000

50, 000

1, 000,000

200,000

14, 467, 500

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Page 199: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 6.—Capital stock, surplus y undivided profits, and aggregate resources of national banks consolidated under ad of November 7,1918, for the year elided October 31, 1925, as shown by their last reports of condition prior to consolidation CD

toClosing banks Continuing banks

Char-terNo.

8532

10220

876

12313

11718

12632

8775

12721

12702

3949

5138

6652

12757

9631

2317

Title and location

The National City Bankof Chicago.

The Central NationalBank of Waco.

The Merchants NationalBank of Newton.

The South Side NationalBank of Buffalo.

The Peoples NationalBank of Marion.

Metropolitan NationalBank & Tr. Co. ofthe City of New York.

The City National Bankof Altus.

The NorthwestNationalBank of Washington.

The Exchange NationalBank of Charleston.

The American NationalBank of Leadville.

The New England Na-tional Bank of KansasCity.

The Woodruff NationalBank of Dunkirk.

Pacific National Bankin New York.

The Ellendale NationalBank, Ellendale.

The Centennial Nation-al Bank of the City ofPhiladelphia.

Total (15 banks)...

State

111

Tex

N.J.__

N. Y...

Va

N. Y._.

Okla—

D. C._.

Colo...

Mo. . . .

Ohio...

N. Y...

N. Dak.

Pa

Capital

$2,000,000

500,000

200,000

300,000

70,000

,000,000

50,000

200,000

200,000

100,000

1,000,000

25,Q00

1,000,000

25,000

300,000

Surplus

$100,000

100,000

200,000

100,000

7,500

0)

35,000

0)

(0

20,000

505,000

16,000

1, 500,000

10,000

700,000

Un-dividedprofits

$817, 735

79,029

37,500

90,853

2,833

$42,125,222

4,887,25Q

3, 215,488

6,176,327

365,818

3,881

8,605

23,355

6,990

216,847

148

2.18,924

7,970,000 3, 288,500 1, 506, 700 129,949,8,21

Aggregateresources

Char-terNo.

1,322,770

780,346

18,283,308

287,536

43,778,773

267, 295

460i

2139

925

11768

6839

10778

12155

5046

2044

3746

12686

6628

1394

9521

Title and location

The National Bank oft h e Republic of Chi-cago.

T h e FirstNational Bankof Wa.eo.

The Sussex NationalBank of Newtqn.

The Community Na-tional Bank of Buffalo.

The Marion NationalBank, Marion.

T h e C h a t h a m a n dPhoenix National Bankof the. City of NewYork.

Altus National Bank,Altus.

The Riggs Na t i ona lBlank of Washington,D. C.

The Bank of CharlestonNational Banking As-sociation, Charleston.

The Carbonate NationalBank of Leadville.

New England NationalBank and Tr. Co. inKansas City.

The First National Bankof Dunkirk.

The American ExchangeNational Bank, NewYork.

The. Farmers NationalBank of Eitendale.

The -First National Bankof Philadelphia,

$2,000,000 $1,000,000 $1,311, 250 $54, 332,474

600,000

Capital

200,000

250,000

100,000

10,500,000

50,000

2, 500,000

1,000,000

100,000

1,000,000

25,000

5,000,000

25,000

1,500,000

Surplus

1,000,

200,000

200,000

150,000

100,000

7,000, 000

35,000

1,250,000

500,000

20,000

(0

5f 000,000

10,000

2,500,000

Total (15 banks) _ _ . 24,850,00017,965,000 10> 362,6.17163ft7Q3,319

Un-dividedprofits

66,855

37,881

25,824

15, 200

2, 318,465 226, 913, 910

15, 477

647,443

227,408

3,878

2, 740

1,160,584

Aggregateresources

8,530,551

2, 639,166

6,318,132

1,197,669

1,630, 741

39,691,153

11, 583,106

1,091,021

13, 577 . 391,814

4, 516,035 227,821, 735

242,622

54, 319, 225

Date ofreports

1924Oct. 10

..do

Dec. 31

...do

. . d o . . .

. . d o . . .

— d o —1925

Apr. 6

June 30

Apr. 6

June 30

...do

...do

—do.. .-

Date ofconsoli-dation

1924Dec. 20

Dec. 31

1925Jan. 2

Mar. 2

Mar. 11

Mar. 16

Mar. 21

June 10

June 20

J«ly 13

July 14

July 15

Aug. 1

Aug. 7

Oct. 3

i Did not report prior to consolidation.

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Page 200: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER. OF THE CtTRRENG'E 199

TABLE NO. 7.—National banks consolidated under act of November 7<f 1918, theircapital, surplus, undivided profits, and aggregate assets, year ended October SI,1925

Con-soli-da-tionNo.

120

121

122

Char-terNo.

4,605

2,189

925

123 11,768

124

125J10, 778

126<12,155127 5,046

128 2,044

129

130 12,-686

131

132

133

134

3,746

6,628

1,394

9,521

Title and location of bank

The National Bank of theRepublic of Chicago.

The First National Bank ofWaco.

The Sussex and MerchantsNational Bank of Newton.

Community-South Side Na-tional Bank of Buffalo.

The Marion National Bank,Marion.

Chatham Phenix NationalBank and Trust Co., NewYork.

Altus National BankThe Rigfs National Bankof Washington, D. C.

The Bank of Charleston Na-tional Banking Associa-tion, Charleston.

The Carbonate AmericanNational Bank of Lead*ville.

New England NationalBank and Trust Co. inKansas City.

The First National Bank ofDunkirk.

The American Exchange-Pa-cific National Bank, NewYork.

The Farmers National Bankof Ellendale.

The First National Bank ofPhiladelphia.

Total (15 banks) _

State

111

Tex

N.J—.

N.Y

Okla...D.C_.

Colo —

Mo

OMo...

N..Y_._

N. Dak

Pa

Date ofconsol-idation

1924Dec. 20

Dec. 31

1925Jan. 2

Mar. 2

Mar. 11;

Mar. 16

Mar. 21June 10

June 20

July 13

July 14

July 15

Aug. 1

Aug, 7

Oct. 3

$4,000,000 $1,000,000

200,000

Capital

1,000,000

400,000

550,000

135,000

13,500,000

100,0002,500,000

1,000,000

100,000

1,000,000

50,000

7,500,000

25,000

1,950,000

SurplusUndi-videdprofits

400,000

250,000

135,000

9,000,000

25,0001,250,000

500,000

20,000

500,000

10,000

8,500,000

25,000

3,250,000

Aggregateassets

$706,325 $90, 643, 227

100,000 12,194,719

87, 670

140,000

5, 760, 590

12,623, 038

16,858; 1,411,102'

3,537,798 266,774,595

90,013! 2,265,928292,039 40,152,870

263,794 12,189,873

33,018

1,6

1,584, 520

1,703,112

18,137,301.

638,485 '

3,726,385 212,496,249.

461, 001

63, 822,191

33,810,000 25,065,000 10,885,116 741,274,28T

TABLE NO. 8.—Number and capital of Slate banks converted into national bankingassociations in each State and Territory from 1863 to October 81, 1925

State or Territory

Maine-New HampshireVermont.Massachusetts - „_..Rhode IslandConnecticut..

New England StatesNew YorkNew Jersey—PennsylvaniaDelaware.MarylandDistrict of Columbia

E astern States.Virginia _West VirginiaNorth CarolinaSouth Carolina._.Georgia.. ____FloridaAlabama «__ _..Mississippi _Louisiana.Texas ___ArkansasKentuckyTennessee

Southern States

Num-ber ofbanks

342822

1895265

390

23049

1126

36

439

Capital

$4, 605, 0002, 595, 0002, 029,.990

71, 691, 20016,.717,55G18,932,770

116,571,510

111,481,2919,520,450

32, 274,095585,010

10,249; 3721, 080,000

165,190; 218

6633374728182716

126404049

5,912,1002,208,9003,511,0004,312; 0062,937, 0001,815,0602;760,0GG1,290,0003, 575,0009,452, 500.2,407,5005,831,9€04, 515, 000

539 50, 527, 900

State or Territory

Ohio.IndianaIllinoisMichigan-Wisconsin L.Minnesota..IowaMissouri

Middle Western States.North DakotaSouth Dakota . .Nebraska _ _Kansas..-.-MontanaWyomingColoradoNew Mexico __-. •_•>Oklahoma.

Western States _Washington. _._Oregon,. .California. ._IdahoNevada __Arizona

Pacific States-.

Num-ber ofbanks

2425392433

1064244

337

48727837

934

7191

Capital

$2, 890,0001; 608, 0004j 130,000% 820, 0003,395, GOO6, 746, 000i; 935, 000

14,951, 800

38,475, 800

2, 735,009-1,650,0003, .600.0063,877,0001,485, 009

320,0032, 655. 009

400,0097, 870, 000

559 i 24, 592,000

59 j28 I

108 |26 j

5 !

5, .600, 0091, 651, 090

22, 097, 8001, 080, GOO

50,000300.000-

227 I 30, 778, 8

United States _„— 2,491 426,136,228Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 201: Annual Report of the Comptroller of the Currency 1925

194 REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 9.—Conversions of State banks and primary organizations as nationalbanks since March 14, 1900, to October SI, 1925

Classification

Capital less than $50,000—Capital $50,000 or over

Total...

Conversions ofState banks

Num-ber

857715

1,572

Capital

$22,803,300124,112, 800

146,916,100

Reorganizationsfrom State and

private banks andnational banks

Num-ber

1,141717

1,858

Capital

$30,222,000114,185,000

144,407,000

Primary organi-zations

Num-ber

2,5451,602

4,147

Capital

$65, 535, 500209,755,000

275,290, 500

Total

Num-ber

4,5433,034

7,577

Capital

$118,560,800448,052,800

566,613,600

TABLE NO. 10.—Number of national banks increasing their capital, together withthe amount of increase monthly for years ended October 31, since 1921

Months

November. _-DecemberJanuaryFebruaryMarchAprilMayJune _JulyAugustSeptember-_.October

Total

1921

Num-ber

2222653823269

16156

107

259

Capital

$985,0001,580,0005,605,8004,575, 0001,495, 0005, 700, 0001, 090, 0002, 765, 0001, 760, 000

295,0001, 510, 000

475, 000

27,835,800

1922

Num-ber

77

24251623172339211215

229

Capital

$2,690,000425,000

3,320,0007,420,0001, 286,0003, 030,0002,055,0004,040, 0006,074,8501,821, 5001, 200, 0001, 665, 000

35, 027,350

1923

Num-ber

114957283022152229161013

1302

Capital

$880,00011,165,0006,835,0003,605,0003,870,0002, 505,0002, 540,0002, 700,0003, 200,0001,485, 0001, 045, 0003,037, 500

i 42,867,500

1924

Num-ber

91234252422

61126

59

13

3196

Capital

$1, 740,0001,475, 0004,100, 0005,935, 0003,487, 5002,115, 000

675,000485, 000

2,165, 000410,000

1,040,0001,325, 000

2 24,952,500

1925

Num-ber

81321191822122226131415

3 203

Capital

$590,0003, 287,5002,000.000

14, 687, 5002,950,0007,220,0001,465,0003,570,0002,185, 0002,160,0002,240,0001,055,000

8 43,410,000

1 Of these cases, 165 were effected wholly or in part by stock dividends aggregating $24,749,000.2 Of these cases, 78 were effected wholly or in part by stock dividends aggregating $7,093,583.» Of these cases, 85 were effected wholly or in part by stock dividends aggregating $7,680,300.

TABLE NO. 11.—Number and authorized capital of national banks chartered andthe number and capital stock of banks closed in each year ending October 31, since1913, with the yearly increase or decrease

Year

1914.. . .1915. . . .1916—.1917.. . .19181919.._.1920.._.1921. . . .1922.. . .19231924.. . .1925. . . .

Chartered

No.

144122176164245361169232190135251

Capital

$18,675,0009,689,5006, 630, 000

11, 590, 00013,400, 00021,780,00031,077,50020,005,00024,890,80030, 522, 50021, 375, 00026, 040, 000

Closed

Consolidatedunder act

Nov. 7, 1918

No.

26152421191615

Loss tocapital

i $3,220,000i 1,650,000

i 850, 0001 3, 275,000i 2, 575, 0001 1, 255, 000i 1, 660, 000

In voluntaryliquidation

No.

11382

13510768838493

103121155123

Capital

$26,487,00013, 795,00014, 828,00014, 367,50016,165,00016, 380,00014, 730,00037,075,00018,910,00039, 290,00040, 745, 00014, 467, 500

Insolvent

No.

211413721c

343153

1383 98

Capital

$1,810,0001,830,000

805,0001,230,000

250,00025,000

205,0001,870,0002, 015,0003,405,0009, 635, 0006,420, OOi

Net 3^earlyincrease

(exclusive ofexisting banks

increasingtheir capital)

No.

6148

6294

135257

1877

a 15

Capital

$2,155,00014,492, 500

690,800

3,492, 500

Net yearlydecrease

(exclusive ofexisting banks

decreasingtheir capital)

No.

26

3174

Capital

$9, 622,0005,935, 5009,003, 0004,007, 5003, 015, 000

19, 790,000

14,747, 50030, 260,000

1 Amount of capital stock reductions incident to consolidations.2 Includes 1 bank with capital of $25,000 restored to solvency. There were also 3 banks restored with

aggregate capital of $125,000, for which receivers had been appointed prior to Nov. 1,1924. Also includes1 bank with capital of $200,000 which had been placed in voluntary liquidation by its shareholders duringthe year 1923.

3 There was an increase of 20 banks, considering the 4 banks restored to solvency and the 1 which wasin voluntary liquidation.Digitized for FRASER

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Page 202: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER. OF THE CURRENCY 195

TABLE NO. 12.—Total number of national banks organized, consolidated under actNovember 7, 1918, insolvent, in voluntary liquidation, and in operation on OctoberSI, 1925

States

Maine _ „ _ . .New HampshireVermont.Massachusetts.Rhode IslandConnecticut _____

Total New England States

New York _.New JerseyPennsylvaniaDelawareMarylandDistrict of Columbia

Total Eastern States

Virginia.West VirginiaNorth CarolinaSouth Carolina.GeorgiaFlorida..Alabama _ . _MississippiLouisiana . . .TexasArkansasKentucky . . .Tennessee _

Total Southern States 1__

OhioIndiana. .IllinoisMichiganWisconsin..MinnesotaIowaMissouri.

Total Middle Western States _.

North Dakota. _South Dakota _ _Nebraska _KansasMontana. __ . _WyomingColorado _ _ _.New MexicoOklahoma

Total Western States -

WashingtonOregon .CaliforniaIdahoUtahNevadaArizona-

Total Pacific States.... _

AlaskaThe Territory of HawaiiPorto Rico

Total Alaska and insular possessions___

Total United States, Alaska, and Insularpossessions _

Organ-ized

1137276

34465

114

784

861336

1,10728

12730

2,489

23316312611216598

1556782

1 012119227191

2,750

630395696256237427490265

3, 396

23819334343018957

20376

709

2,438

197134452106

381629

972

56\

12

12,841

Consoli-datedunder

act Nov.7,1918

1115

3

11

18

9

3

37

52234

28152

34

95222236

31

1

42

1

2

10

3

8

2

13

136

Insol-vent

47

1616

34

511048

23

114

76

137

16141228

5486

10

163

3417241611322813

175

414337425812212438

316

27121423

323

84

886

In liqui-dation

541322

1684743

347

25044

182104111

538

403129265726402839

290237773

779

2331281661106577

119111

1,009

3438

13612446124721

282

740

5423

154271347

282

141

6

3,701

In opera-tion

586446

1551762

392

54227586S188413

1,800

18112482768858

1033733

66087

139106

1,774

354245504128159316340135

2,181

162112170260

8333

13431

387

1,372

11399

27656201019

593

42

6

8,118

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 203: Annual Report of the Comptroller of the Currency 1925

196 REPORT OF THE COMPTROLLER Off THE CURRENCY

TABLE NO. 13.-—Changes of corporate title of national banks, year ended October81, 1935-

Char-terNo.

Title and loeation Date

5981

8323

11158

125071928

5846

10(51

1199

1006

1107411P30

2678

11734

390

402

9339

11751

126981239

1326

3922

9905

615

12220

12749

3063

6802

10114

11600

9867

9409

127611308

6864

9544

6604

10526

12019

11689

1243511844

870111188

11708

The First National:Bank of Paul&boro, N. X., to "The First National Bank and TrustCompany of Paulsboro"---*

The First National Bank-of Merchantville, N J., to "The First National Bank andTrust Company of Merchantville"

The Farmers National Bank of Follett, Tex:, to •" The First-National Bank-of Darrou-sett," Darrousett, T!ex _

The National Bank of Wadena, Minn., to "The First National Bank in Wadena"The Farmers & Mechanics NationaPBank of Georgetown, Washington, D. C , to " T h e

Farmers <fe; Mechanics National Bank of Washington,"The Suffern National Bank, Suffern, N. Y., to "The Suflern National Bank and Trust

Company"The Citizens National Bank of Piqua, Ohio, to " The Citizens National Bank & Trust :

Company of P iqua" . - - - - .The First National Bank of Woodfcrury, N . J., to •" The First National Bank and Trust

Company of Woodbury". . __The Piqua National Bank of Piqua, Ohio, to " The Piqua National Bank and Trust

Company" _ w.The First National Bank of Plevna, Mont., to "Baker National Bank," Baker, Mont-Trie Farmers and Miners National Bank of Hartford, Ark., to "New First National

Bank of Hartford"The Third National Bank of Dayton, Ohio, to "The Third National Bank and Trust

Company of Dayton"—The Woodstown National Bank, Woodstown, N . J., to " T h e Woodstown National

Bank & Trust Company" ..'. -.The First National Bank of Marquette, Mich., to "The First National Bank and

Trust Company of Marquette"The First National Bank of Port Chester, N . Y., to "The First National Bank and

Trust Company of Port Chester"..The First National Bank of Montdair, N . J., to " The First National Bank and Trust

Company of Montclair"--. __ _The Aberdeen-National Bank, Aberdeen, Wash., to " First National Bank in Aber-

deen"The Kilgore National Bank of Kilgore, Tex., to " The Kilgore National BankJ1

The Phillipsburg National Bank, Phillipsburg, N . J., to "The Phillips-burg NationalBank and Trust Company" __ __

The Salem National Banking Company, Salem, N . J:, to " T h e Salem-National Bank& Trust Company" _._

The City National Bank of Salem, N.J . , to "The City National Bank and Trust Com-pany of Salem" ___ _ _

The Ardmore National Bank, Admore, Pa., to "Ardmore National Bank and TrustCompany" _„_

The National Rockland Bank of ROxbury at Boston; Mass., to "National RocklandBank of Boston" _ _

The Missouri National Bank of St. Louis, Mo., to " The Grand Avenue National Bankof St. Louis"

The Hamilton National Bank of the Town of Union, Union Ci ty ,N.J . , to "The UnionCity National Bank" . _

The Peoples National Bank of Langhorne, Pa., to " The Peoples National Bank-andTrust Company of Langhorne"___ . . . .

Arcadia National Bank of Newark, N . Y., to "Arcadia National Bank and Trust Com-pany ofNewark" . .

The Red Bluff National Bank, Red Bluff, Calif:, to "The First National Bank of RedBluff"

The First National Bank of Roberts, Idaho, to "The Rigby National Bank," RigbyIdaho. .

The National Bank of North Hudson at West Hoboken, N . J., to "The National Bankof North Hudson at Union City," N . J _.

The Midland National Bank of Minneapolis, Minn., to " Midland National Bank andTrust Company of Minneapolis"-

The Quinlan National Bank of Quinlan, Tex., to "The Quinlan National Bank"The Utica City National Bank, Utica, N. Y., to " Utica National Bank and Trust Corn-

tan;The Commercial National Bank of Los Angeles, Calif., to "The Commercial National

Trust and Savings Bank of Los Angeles". _The First National Bank of Town of Union, N . J., to "The First'National Bank of

Union City," N . J _The Old-Commercial National Bank of Oshkosh, Wis., to-"First National Bank in

Osftkosh"., _ _The; First National Bank of Pearl River, N . Y., to "First National Bank and Trust

Company of Pearl River" _The Peoples National'Bank of Belleville, N . J., to "Peoples National Bank & Trust

Company of'Belleville";. _The Farmers National Bank of South Shore, S. Dak., to "The Farmers National Bank

of Strandburg," 8. Dak____ _• _New First National Bank in Burbank, Calif., to " First National Bank in Burbank "Seventh Avenue National Bank of New York, N. Y., to "Seventh National Bank of

New York" ___,The Old National Bank of Lima, Ohio, to " The Old National-City Bank of Lima"The Broad Top National Bank of Coaldale, pa,, to " Farmers National Bank of Bed-

ford," Pa __ _The Scarsdale National Bank, Scarsdale, N. Y., to "Scarsdale National Bank and

Trust Company". . __

1924Nov. 1

Nov. 101925

Jan. 6.Jan. 8

Jan. 14

Jan. 21:

Jan. 31

Feb. 2

Feb. 3Feb. 4~

Feb. 17-

Mar. 2

Mar. 23

Apr. 9V

Apr. 10:

Apr. 11

Apr. 14?May 5

May 25

May 26

Do.

June 3

June 6'

June 8

June 10

June 11

June 25

lJuly 1

Do.

July 14:

July 17July 28

Aug. 5

Aug. 19

Aug. 29

Sept. 15:

Sept. 17

Sept. 24

Sept. 28Sept, 29,

Oct. 10Oct. 12

Oct. 21

Oct. 22Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 204: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURBENCl' 197

TABLE NO. 14.—Changes of title incident to consolidations of national banks, pearended October 31, 1925

The Merchants National Bank of Newton, N. J. (876), and The Sussex National Bank of Newton (925)consolidated: under the charter of the latter, with title: The Sussex and Merchants National Bank ofNewton.

The South Side National Bank of Buffalo, N. Y. (12313), and The Community National Bank of Buffalo(11768) consolidated under the charter of the latter, with title: Community-South Side National Bank ofBuffalo.

The Metropolitan National Bank & Trust Co. of the City of New York, N. Y. (12632), and The Chathamand Phenix National Bank of the City of New York (10778) consolidated under the charter of the latter,with title: Chatham Phenix National Bank arid Trust Co.

The American National Bank of Leadville, Colo. (3949), and The Carbonate National Bank of Leadville,(3746) consolidated under the charter of the latter, with title: The Carbonate American National Bank ofLeadville.

Pacific National Bank in New York, N. Y. (12757), and The American Exchange National Bank, NewYork (3394), consolidated under the charter of the latter, with title: The American Exchange-PacificNational Bank.

TABLE N"O. 15.—National banks chartered during the year ended October 31, 1925

12642

12813

12624126401264712665126731267&12693127351275412755127641278612787127971280212804128071281912833

12716

1259412637

12721

12600126231275112841

First National Bank of Monroeville..

ARKANSAS

First National Bank of Eudora...

CALIFORNIA

Florence National Bank, FlorenceFirst National Bank in San RafaelBeverly National Bank of Beverly HillsNew First National Bank in. Oakland _.Graham National Bank, Gxabam--New First National Bank in Visalia-Citizens National Bank of ClaremontNational Bank of Commerce in PasadenaCommercial National Bank of BellflowerPeoples National Bank of Los AngelesNew First National Bank of FullertonTemple National Bank, TempleAmerican. National of. Santa MonicaFirst National Bank in South PasadenaSan Leandro National Bank, San Leandro__-National Bank of Hollywood in Los Angeles_South, Gate National Bank, South. GateSeaside National Bank of Long BeachFirst National Bank of Atascadero

Total (19 banks) _

First National Bank of Genoa..

CONNECTICUT

Citizens National Bank of PutnamPlants ville National Bank, Plantsville.

Total (2 banks)

DISTRICT OF COLUMBIA

Northwest National Bank of Washington 1

FLORIDA

Palm Beach National Bank, Palm Beach...Alexander National Bank of St. Petersburg.American National Bank of SarasotaFirst National Bank of Boynton

Total (4 banks)

GEORGIA

12635 | Carters ville National Bank, Carters ville

$50,0(30

40,000

50,000100,000100,000500,00050, 000100,00050,000

200,00025,000

500, 000100,00025,000

100,000100,000100, 000200,00050,000

300,00025,000

2,675. 000

25,800

120,00025,000

145,000

200,000

50, 000200,000100,00050,000

400,000

100,000

1 With one branch in Washington. Consolidated on June 10, 1925, with The Kiggs National Bank ofWashington, D. C , under act Nov. 7,1918.Digitized for FRASER

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Page 205: Annual Report of the Comptroller of the Currency 1925

198 REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 15.—National banks chartered during the year ended October SI,1925—Continued

12832

12596126051261512630126531265812779

12780

12610126361264512656

12694127401279112821

12649

12800

126161265712661126971279312826

1260712634

12822

1264312674126861277012781127941281512820

First National Bank in Hailey.

First National Bank in Carbondale..Roseland National Bank of Chicago,.Guardian National Bank of Chicago.First National Bank of Wilsonville...First National Bank of La Grange.. _First National Bank of PlymouthFirst National Bank of Blue Island..

Total (7 banks)

INDIANA

Mount Vernon National Bank and Trust Company, Mount Vernon_

IOWA

First National Bank in Hamburg..First National Bank in CrestonFirst National Bank of Lake Park _Hedrick National Bank, Hedrick__

Total (4 banks).

Hoisington National Bank, Hoisington..National Bank of TopekaFirst National Bank of CunninghamFirst National Bank of Tonganoxie

Total (4 banks) _

KENTUCKY

Lynch National Bank, Lynch.

MASSACHUSETTS

Methuen National Bank, Methuen ._,

MICHIGAN

First National Bank of WyandotteFirst National Bank of Royal OakFirst National Bank of L'Anse Creuse_Dart National Bank of MasonFirst National Bank of AlmontFirst National Bank of Utica

Total (6 banks).

MINNESOTA

National Bank of Grey Eagle. _First and Farmers National Bank in Luverae..

Total (2 banks).

First National Bank in Columbus..

Cherokee National Bank of St. LouisFarmers National Bank of RidgewayNew England National Bank and Trust Company in Kansas City-New First National Bank in SpringfieldFirst National Bank in Webster GrovesDrovers National Bank in Kansas CityFirst National Bank of ParkvilleFirst National Bank of Brookfield

Total (8 banks).

$50,000

100,000200,000

1,000,00025,000100,00025,000200,000

1,650,000

50,000

50,000100,00025,00040,000

215,000

50,000400,00025,00025,000

500,000

50,000

100,000

150,000100,00050,00025,00025,00025,000

375,000

25,000100,000

125,000

100,000

200,00025,000

1,000,000125,000100,000600,00025,000100,000

2,175,000Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 206: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY 199

TABLE NO. 15.—National banks chartered during the year ended, October1925—Continued

1260812679

1262512626

1259812603126041260612609126171261812621126311264612660126631267512690127061272612732127491275012771128061282312828128291283012834

12710

1259212593126011263212659127051274612757127731278512788128101281112818128251283612837

126141263312772

MONTANANational Bank of LewistownRichland National Bank of Sidney

Total (2 banks).

NEBRASKAFirst National Bank in Merrill.First National Bank in Mitchell-.. _•____

Total (2 banks)

NEW JERSEY

First National Bank of Highland ParkFirst National Bank of Midland ParkForest Hill National Bank of Newark _Yardville National Bank, Yardville.First National Bank of Glen RockAtco National Bank, AtcoMount Ephraim National Bank, Mount EphraimOaklyn National Bank, OaklynSouth Side National Bank and Trust Company of NewarkFirst National Bank of Hamilton SquareFirst National Bank of BloomingdaleFirst National Bank of HawthornePeoples National Bank of MontclairClifton National Bank, CliftonFirst National Bank of Allendale_.Broadway National Bank of PatersonFirst National Bank of North BergenHamilton National Bank of Town of Union 2 -Franklin National Bank of NutleyLabor Co-Operative National Bank of NewarkLiberty National Bank of QuttenbergAlpha National Bank, AlphaCitizens National Bank of Rahway _Hamilton National Bank of Weehawken _.First National Bank of Springfield-American National Bank of Passaic _.

Total (26 banks)

NEW MEXICO

New First National Bank in Silver City

NEW YOKKNational Bank of Port Byron..Citizens National Bank of East Northport..First National Bank of Harrison _Metropolitan National Bank & Trust Company of the City of New YorkFirst National Bank of Great Neck at Great Neck StationHartsdale National Bank, HartsdaleChappaqua National Bank, Chappaqua -Pacific National Bank in New York •National Bank of Rensselaer -Broadway National Bank, NewburghPeoples National Bank of Patehoguo _ -National Bank of Savannah _First National Bank of PleasantvilleEast Rockaway National Bank, East RockawayFordham National Bank in New YorkLyons Falls National Bank, Lyons FallsBowery National Bank of New York „

Total (17 banks)

NORTH CAROLINAFirst National Bank of BensonNational Bank of La GrangeNational Bank of Snow Hill „_

Total (3 banks)

$150,00025,000

175,00®

25,00050,000

75,000

50,00025,008

200,00625,00660,00025,00925,00850,008

200,00850,00050,008

100,009200,000100,00®50,00©

200.008ioo;ooe100,008100,008250,000100,00825,000100,008100,00850,00©

200,000

2, 535,000

100,008

25,00625,00®25,008

2,000,00050,00050,00®50,000

1,000,000100,00®100,006100,00825,00§75,00050,000250,00025,006250,000

4,200,006

100,00825,00850,008

175,000

J Title changed to "The Union City National Bank."8 With one branch in New York City. Consolidated on Mar. 16,1925, with Chatham Phenix NationalBank & Trust Co., under act Nov. 7, 1918.4 With 6 branches in New York City. Consolidated on Aug. 1, 1925, with The American Exchange^Pacific National Bank, under act Nov. 7,1918.

67746°—26f 14Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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200 BEPOET OF THE COMPTROLLER OF THE CURRENCY

TABLE NO, 15.—National hanks chartered during the year ended October 31,1925—Continued

127431277612817

12591126291280112S12

nm

1261312655

12595125971260212688126951272012805

12668127021277412799

1261112€2012662127771278412338

12912780

12S1222819126221262712641126481265012651126S212654

NORTH DAKOTA

Farmers National Bank in Lidgerwood _ _ _First National Bank in LidgerweodFirst National Bank in Valley City

Total (3 banks)

OKLAHOMA

First National Bank in Ada.. ,_Peoples National Bank of Henryetta ,National Bank of Commerce at HugoFirst National Bank in DiineanFirst National Bank in Wilson

Total (5 banks)

Brotherhood Co-operative National Bank of Portland.Prineville National Bank, Prmeville .

Total (2 banks).

PENNSYLVANIA

Narberth National Bank, Nar berthFirst National Bank of MonroetonNational Bank of WebrumHershey National Bank, HersheyBala-CyB.wy<i National Bank, Bala-Cynwyd.First National Bank of Cassandra.West En4 National Bank oi" ShamokinFirst National Bank of Yukon,.

Total (8 banks).

SOUTH CAROLINA

National Security Bank of FairfaxExchange National Bank of Charleston5 _Citizens National Bank of ProsperityFirst National Bank in Florence

Total (4 banks).

SOUTH DAKOTA

First National Bank in Alexandria. ___ . . .National Bank of Wessington SpringsOldham National Bank, OldhamOnida National Bank, OnidaMcCook County National Bank of Salem..Security National Bank of Brookings

Total (6 banks).

First National Bank of SpringfieldNational Bank of Commerce of Jackson-

Total (2 banks) -

First National Bank of BishopFirst National Bank of AmherstFarmers National Bank in PianoFirst National Bank of WheelerFirst National Bank of WeslacoFort Bend National Bank of Richmond-Central National Bank in DallasLiberty National Bank of Paris ,First National Bank of OglesbyFirst National Bank of R owlett...........

$25, 00025,000100, 000

150,000

100,000100, 00050,00050,00925,000

325,000

200,00050,000

25.0,000

50,00025,00025,000125,00050,00050.000125,00030/000

480,000

25,000200,00050,000100, 000

375,000

50,00025,00025,00025,00025,00050,000

200,000

50,000100,000

150,000

25,00025,0006©,G0Q25,00025,00025,000

500,000150,00025,00025,000

* Consolidated on June 20,1925, with The Bank of Charleston National Banking Association uadeiactNov. 7,1918.

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BEPOBT OF THE -COMPTROLLER 03? THE CURRENCY 201

TABLE NO. IB.—National banks chartered during the year ended October 31,1925— Continued

Char- !ter INo. !

Title

TEXAS—continued

1266412666

First National Bank of AlvordFirst National Bank in Childress _._State National Bank of Mineral W ellsState National Bank of Wills PointAlvord National Bank, AlvordCity 2\Tational Bank in CbiidressCity National Bank of OIneyFirst National Bank of Clint , „ . .City National Bank of Georgetown,- ,Como National Bank, Corno__First National Bank in Lubbock... „Lubbock National Bank, Lubbock.. . _First National Bank of Sylvester...._ _First National .Bank of Milford .First National Bank of Millsap _State National Bank of Karnes CityFirst National Bank of Windom. . .Floyd County National Bank of Floydada,- ,.First National Bank of HandleyKilgore National Bank of Kilgore6 .State National Bank of Bonham. .Farmers & Merchants National Bank of Hamlin. .Farmers National Bank of ItalyState National Bank of MarshallMercantile National Bank in PallasTarrant County National Bank of GrapevineFirst National Bank of OdellValley View National Bank, Valley ViewState National Bank of WestFarmers National Bank of ThorntonCity National Bank of Grand PrairieFirst National Bank of ReaganFirst National Bank in CliftonFirst National Bank of NeedvilleFirst National Bank in CumbyFirst National Bank of BlackwellFirst National Bank of Bronte.._ _ _First National Bank of JosephineFirst National Bank of SudanMoran National Bank, Moran _Citizens National Bank of Denison___State National Bank of RobstownFarmers-First National Bank of StephensvilleSecurity National Bank of BowieState National Bank of Terrill _

.City National Bank of Mineral WellsNorth Texas National Bank in Dallas „__Citizens National Bank of Marlin -Security National Bank of Collinsville ___First National Bank of EvantFirst National Bank of BaileyState National Bank of GroomFirst National Bank of Hale Center ,State National Bank of Grand Saline „.,.First National Bank of La Feria....Security National Bank of Paducah._„__.„„ _First National Bank of Melvin. ,Gouger National Bank of Robstown _First National Bank of RosenbergFarmers National Bank of D u b l i n . . , - .First National Bank of EmhouseCitizens National Bak of Lone Oak -Quinlan National B ank of Quinlan?

Parker County National Bank of Weatherford-.. .Citizens National Bank in KaufmanState National Bank of Lamesa..,.State National Bank of Santa Anna._. _El Paso National Bank, El Paso ---,.Strawn National Bank, Strawn. „_„„.. , . . .- .Citizens National Bank of Commerce. . , ,Nixon National Bank, Nixon _Farmers and Merchants National Bank of Celina.First National Bank of IrelandFirst National Bank of Raymondville,,,, .First National Bank in Brownsville ._.

Capital

$25,00060,000

100,000100,090SO, 000

100,000€0,00025,00050,00025,000

200,000100,00035,00025,00025,00025,00040,00050,00025,00025,000

200,00040,00040,000

100,000500,00050,00025,00025,00050,00025,00040,00025,00040,00050,09050,00025,00025,00030,00025,00025,000

100,00050.000

100, 000100, 000200,000100,000

1,000,000100, 00025, 00025, 00025,00025,00025,00040, 00050, 00050, 00025,00050, 00025,00050,00030,00025, 00025, 000

125, 000100,00060,00035,000

200,00050,00050,00025,00025,00025, 00050,000

200,009

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Page 209: Annual Report of the Comptroller of the Currency 1925

202 REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 15.—National banks chartered during the year ended October 81,

1925—Continued

Char-terNo.

12795127961279812803

128311283512840

12599

1266712704

12765J2$39

12028126441281412816

12638

Title

TEXAS—continued

First National Bank in Cisco. ;Rochelle National B ank, RochelleFirst National Bank of LovelandState National Bank of LoveladyFirst National Bank in Conroe _First National Bank of LittlefleldFirst National Bank of O'Donnell.....First National Bank of LakeviewHarrisburg National Bank, Harrisburg

Total (94 banks)

VIRGINIA

Wythe County National Bank of Wytheville __..-.-..

WASHINGTON

Brotherhood Co-Operative National Bank of TacomaGrays Harbor National Bank .of Aberdeen._ ,

Total (2 banks) . . . .

WEST "VIRGINIA

Milton National Bank, Milton

Matoaka National Bank, Matoaka _

- Total (2 banks) _

WISCONSIN

Grand and Sixth National Bank of MilwaukeePeoples National Bank of Hay ward „Crandon National Bank, CrandonMechanics National Bank of Milwaukee

Total (4 banks) ,

WYOMING

First National Bank in Thermopolis _

Total United States (251 banks)

Capital

$50,00025,00025,00025/ 00050,00025,00025,00025,00050,000

i, 900,000

50,000

200,000100,000

300,000

50,00025,000

75,000

200,00025,00025,000200,000

450,000=, . ...

50,000

26,040,000

TABLE NO. 16.—National banks, by States and geographical divisions, organized,failed, and reported in voluntary liquidation during the year ended October 81,1925

States

MassachusettsC onnecticut.

Total New EnglandStates

New YorkNew JerseyPennsylvaniaMar viandDistrict of Columbia.__

Total Eastern States..

VirginiaWest Virginia ..._North Carolina

Organized

Num-ber

12

3

17268

1

52

123

Authorizedcapital

$100,000145,000

245,000

4, 200,0002, 535, 000

480, 000

200,000

7, 415,000

50, 00075,000

175, 000

Failed

Num-ber

4

4

14

Capital

$275,000

275,000

50,000155,000

Assets

l $4,542,432

4, 542. 432

571, 0711, 413, 784

Voluntary liquidation

Num-ber

31

4

31611

12

22

Capital

$1,500,000100,000

1,600,000

2,900,000100,000775,000100,000200,000

4, 075, 000

150, 00090,000

Grossassets

$20,947,064430,058

*21,377,122

46,674,4021,423,132

13,463,0602,093,1541,271,399

64,925,147

1,288,570554,662

1 Includes one bank with capital of $25,000 and assets of $200,732 restored to solvency.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 210: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY 203

TABLE NO. 16.—National banks, by States and geographical divisions, organized,failed, and reported in voluntary liquidation during the year ended October 81,1925— Continued

States

South CarolinaGeorgiaFloridaAlabamaMississippiTexasArkansasKentucky _ .Tennessee

Total, Southern States

Ohio rrIndianaIllinoisMichiganWisconsinMinnesotaIowa'Missouri

Total Middle West-ern States

North DakotaSouth Dakota __NebraskaKansasMontanaWyomingColorado . .New MexicoOklahoma

Total, Western States.

WashingtonOregon ._CaliforniaIdaho.UtahNevada

Total, Pacific States..

Total, United States..

Organized

Num-ber

41411

94112

115

1764248

32

362421115

25

22

191

24

251

Authorizedcapital

$375,000100,000400,00050,000

100,0006,900,000

40,00050, 000

150,000

8, 465, 000

50,0001,650,000

375, 000450, 000125, 000215,000

2,175, 000

5,040, 000

150,000200,00075,000

500,000175,00050,00025,000

100,000325,000

1,600,000

300, 000250, 000

2, 675, 00050,000

3, 275, 000

26, 040, 000

Failed

Num-ber

6511

5

1

24

1

21281

24

792

61429

40

1

5

6

98

Capital

$570, 000625,000100,000100,000

485, 000

80,000

2,165, 000

25,000

75, 000735,000525,00025,000

1, 385, 000

175,000420,000125, 000

215,00050,000

475, 000250,000555, 000

2, 265, 000

25,000

305,000

330,000

6, 420, 000

Assets

2$4,413,9404,175, 207

581, 522281,864

2, 008, 960

241, 589

13, 687, 937

213,968

808,0959,137,0614,014,679

251, 224

14,425, 027

1, 658, 9244,440, 7831, 394, 092

948, 788361, 445

3, 681, 9831, 371, 2523, 778, 626

17,633, 893

268, 578

2, 642,474

2,911,052

53, 200, 341

Voluntary liquidation

Num-ber

31

1

53

2

19

341

532

18

11533331

30

sa;

10811

20

123

Capital

$100,000150,000

25,000

250, 000157, 500

325, 000

1, 247, 500

850, 000200,00050,000

400,000250, 000

1,050,000.

2, 800, 000

25,00025,000

465,0007.5,00075,000

200,000125,00025,000

1,250,000

. 2,265,000

1, 800, 000505,000100,00075,000

2,480, 000

14, 467, 500

Grossassets

$881,3371,363,246

174,624

809,7301, 203,536

1,966,063

8, 241,658

9,650,2612,445, 744

658,667

4, 046, 2172,478, 922

12,039,378

31, 319,189

263,958108,^77

5,970,979472,055439,160

2, 079,892834,762133, 455

11, 088, 817

21,391,855

20, 847, 0893, 711,6731, 541. 534

370, 278

26,470,574

173, 725, 545

2 Includes one bank with capital of $200,000 and assets of $1,361,347 previously reported in voluntaryliquidation.

TABLE NO. 17.—Number and classification of national banks chartered monthlyduring the year ended October 81, 1925

November .__DecemberJanuaryFebruary.March _.AprilMay . . . .June - -JulyAugustSeptember . «October.__

Total

Conversions

Num-ber

12314

192912

8313

86

Capital

$100,000125,000

2, 085, 000100,000625,000

1,915.0002,030,0002,100, 000

625,000105,000100,000325,000

10,235,000

Reorganizations

Num-ber

11487

211

25

Capital

$25,000100,000600,000400,000245,000

100,000100,00025,000

1,595,000

Primary organi-zations

Num-ber

121014131014101212

71610

140

Capital

$570, 0001,960, 0001,150, 000

825,000690,000

2, 050, 0001,975, 000

950,0001, 375, 000

650,0001, 415, 000

600,000

14, 210, 000

Num-ber

131218151841462422111813

251

Total

Capital

$670,0002,085,0003,260,0001,025,0001,915,0004,365,0004,250,0003, 050, 0002,100, 000

855,0001,540, 000

925,000

26,040, 000

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Page 211: Annual Report of the Comptroller of the Currency 1925

204 REPORT OF THE COMPTROLLER OF THE CURRENCY

No. 18.—Classification of national banks, according to capital slock, JuneSO, 1925

[In thousands of dollars]

CAPITAL STOCK OF LESS THAN $50,000

Cities, States, and TerritoriesNum-ber ofbanks

Aggregateloans anddiscounts,includingrediscounts;

resources,including

rediscounts

Aggregatepaid-incapitalstock

Aggregatedeposits

OTHER RESERVE CITY

Chicago.

COUNTRY BANKS

Midue.'N«w Hampshire..•Vermont

Connecticut

Tofal:New England States _

Isl&w YorkMew JerseyiPennsyhrani a.,-Delaware ;.Maryland.,.-.

Total Eastern States.

Virginia . . . .•W«st Virginia. - -Merth Carolina. _Bou^h Carolina. _Georgia .-..-.F l i dodAlabama

Louisiana.."TexasArkansas..Kentucky..-Tejmessee..

Total Southern States..

OhioIndiana ,IllinoisMichigan—.Wisconsin..Mmaesota.IowaMissouri.-.

Total Middle Western States.

North Dakota.South Dakota-NebraskaKansasMontana.WyomingColoradoNew MexicoOklahoma-.-,.

Total Western States.

Washington.OregonCalifornia.._•IdahoUtahNevadaArizona

Total Pacific States..

Total country banks.

Total United States..

19

12851

2062

22

409

43405

10156

2515

191303223

426

781441937

18711236

699

1156059

11348106311

244

723

2,434

296

$1,1608826934Q3412

3,550

32,15617,01242,259

3606,248

98,035

11,80610,833

1,1311,908

1,2864,708

891,023

26,2495,1899,5425,020

82,480

17,42814,37727,947

4,2057,466

47, 361

6,435

152, 218

22, 01614,67913,45819, 6845,3921,612

12,4221, 215

38,057

128,535

6,2055,217

10,7744,011

962790397

1,149

$2,2681,3831,3711,0641,217

80,57534,404105,-080

80313, 393

234,255

17, 081lfc8671,4902,8164, 2972,1977,772

5141,330

43,2688,495

15, 3017,885

129,313

33,91424,51150,3667,879

13, 52086,81442,16211,174

270, 340

38,86624,08721, 52235,0909,9463,630

20,4082,233

76,313

232,095

11,84310,94222,3027,1041,3412,104

847

56,483

930,289

931,438

$100125

75100

75

47.5

3,295.1,3145,320

50

10, 564

1,2191,13.0

.155,260445165.680

25125

5,350765840

11,779

2,2982,1053,990

520975

4,9293,1701, 017

18,964

2,930• 1,610

1~~~

1,265295

1,720285

6,325

19,098

-845865

1,48763510075

100

4,107

65,012

$1,8731,4231, 091

7641,029

65111,462

194, 520

12,733X33©8

2,004.2/81.01,7635,739

1,02030,i5066,498

12,681fi246

96,6,24

2,7§618, 52340,0906,565

11,537J4,8663.2,8628,499

219, 70S

31,88220,16117,t)3928,3327,6582,966

16,1691,638

63,479

189,315

10,075@,172

18,703S,584

mt1,919

67947,075

754,347

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Page 212: Annual Report of the Comptroller of the Currency 1925

EEPORT OF THE COMPTROLLER OF THE CURRENCY 205

TABLE NO. 18,—Classification of national banks, according to capital stock, Jims80, 1925—Continued

[In thousands of dollars]

CAPITAL STOCK OF $50,000 BUT LESS THAN $200,000

Cities, States, and Territories

OTHER RESERVE CITIES

Dallas-. _- „Waco - . - - . ...—Little Rock—„„__,. „ „Chicago „_...,. , . . - , ,St. Louis _ „„.;.Topeka , - - -—,Pueblo . . . » , , . , . , - - -Ogden „

Total, all other reserve cities

COUNTRY BANKS

Maine..-- .-._>.New Hampshire , „„-Vermont ._ _ „ „Massachusetts.-,,, , „ - , . , .„„,....,...-Bhode Island-^. - „- __ _„..Connecticut „ .„-- __„„„„„».,.,....,.,,.„..,-„......-

Total New England States

isew York -N«w Jersey— _ _ _Pennsylvania . . .__DelawareMaryland.^, _

Total Eastern States

Virginia^. _ ,West VirginiaNorth Carolina-South Carolina - _ _. __Georgia „„ , , „FloridaAlabama .MississiORi __ ,.__,..Louisiana ..Texas „ _Arkansas _ _ _.Kentucky -.*....,- -- --Tennessee ,. „„»..«.« ,-

Total Southern States ,

OhioIndiana _ .Illinois , , „MiciiiEran . __ . _,„,.WisconsinMinnesotaIowa, __ _Missouri ,. ,„,..,._ ,.„,.„..,.„,

Total Middle Western States „_„

North Dakota __ „__South DakotaNebraska ._Kansas „.,..,, _-Montana. _„„.., ..Wyoming . . ,_„ . - , , , . - ,Colorado _-„«__ _-New Mexico,— _, __Oklahoma...... ,-..-„ --

Total*Western States „—.-

Num-ber ofbanks

11111211

9

394338«9

825

242

280154491

1348

986

10167544456375724

358438860

1,008

195130282

8182

108203

63

1,144

425097

12426196018

123

559

Aggregateloans anddiscounts,including

rediscounts

2,349283422526200692

1,129868

6,469

21. 35727,16123, 69668, 363

3, 47611,371

155, 424

202, 979130, 980362, 529

6 12637,162

739, 785

67, 53053, 52446, 40826,92832, 06127, 40332, 34821,40810. 454

148. 78320, 92858, 52632, 687

578, 988

116,84376, 729

176, 37961, 41457,12664, 992

116, 66329, 530

699,676

22,99329,43847,69658, 53012,96514, 85230,6509,653

56, 266

283, 043

Aggregateresources,includingrediscounts

4,770733615

2,272710

2,3852,3481,411

15, 244

50, 82156, 512^49, 510

151,8897,061

.27, 819

343, 812

482, 095291,831791, 997

13, 27177, 661

1,656,855

97, 64582, 43465, 76338, 57148,820m, 25253, 53438,19217, 262

252, 29736, 73694, 72849, 639

941, 873

225,122136, 65S328, 764127, 268108, 589126, 370188, 76452,042

1, 293, 577

46, 27355, 66780,380

107,85424,38627,51162, 47916, 552

120,225

541, 327

Aggregatepaid-incapitalstock

150100100100181200100100

1,031

2,6703,9153,3858,677

8702,245

21, 762

23,00513, 25940, 589

1,0223,692

81,567

7, 8604,9864.8603,6455,1702,8394,9902,3001,600

26, 9373,1407,3314, 399

80,057

16, 48210,91821,1236,9516,5057,165

13, 6504,525

87,319

2,8103,2456,0758,4002,0701,5804,3451,2008,480

38,205

Aggregatedeposits

4,200458498

2,077494

1, 9471,9951,104

12, 773

41,04741, 64238,924

122, 2404, 70S

20, 709

2G9, 330

401,412246, 481626,41 f>

9 60363,788

1,347,690

71 05563, 30247, 35827, 7Oi32, 59558, 44537,231

,31, 01112,854

185. 56028, 57271, 57737. 414

705,278

170.140104,442262, 273106,84090, 438

108, 786150 19339,046

1,032,1.58

39, 72847,39963, 72887,18820,09422,91151,15313,641

102, 984

448,824

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 213: Annual Report of the Comptroller of the Currency 1925

206 REPOET OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 18.—Classification of national banks, according to capital stocky JuneSO, 1925—Continued

[In thousands of dollars]

CAPITAL STOCK OF $50,000 BUT LESS THAN $200,000— Continued

Cities, States, and Territories

COUNTKT BANKS—continuedWashington _. . .Oregon -CaliforniaIdaho - _"Utah .NevadaArizona _ ._

Total Pacific States

Alaska _ _ _Hawaii. .

Total nohmernber banks _

Total country banks _

Total United States

Num-ber ofbanks

5954

15430105

12

324

41

5

4,268

4,277

Aggregateloans anddiscounts,includingrediscounts

30, 53928, 51885,14817, 5395,2604,4298,845

180, 278

1,291644

1,935

2,639,129

2,645, 598

Aggregateresources,includingrediscounts

64, 23355,767

159, 72329,9138,2197,089

16,841

341,785

3,6032,139

5,742

5,124, 771

5,140,015

Aggregatepaid-incapitalstock

4,3704,005

11,8982,155

700410

1,000

24,538

200100

300

333,748

334,779

Aggregatedeposits

54,53245, Ihl

129,80423,8106,3685,882

13,913

280,060

3,1961,916

5,112

4,088,461

4,101,234

CAPITAL STOCK OF $200,000 BUT LESS THAN $500,000

CENTRAL RESERVE CITIES

New York ~

Chicago _-v

Total central reserve cities

OTHER RESERVE CITIESBostdn -.-Brooklyn and BronxBuffalo.. -PhiladelphiaPittsburgh .Baltimore ._..WashingtonRichmondBirmingham! -SI Paso. _Fort Worth.,Galveston--.'..Houston _San Antonio—Waco _-Little Rock .Nashville ...Cincinnati.Columbus __ __.IndianapolisChicagoPeoria .Grand Rapids _..MilwaukeeMinneapolis __St. PaulDubuque _Sioux City _Kansas City, MoSt. JosephSt. LouisLincolnOmaha. _Kansas City, KansTopekaWichita _HelenaDenver.._ __PuebloMuskogee

13

9,1875,706

14,893

2,7937,7541,654

62, 3013,2416,666

13,1961,4962,0016,3355.86410; 8313,4844,1576,4126,2636,9994,2748,8333,16925,3783,4541,101681

2,9918,8671,877

11,0077,43814,1263,1827,5963,5651,7611,7261,6803,5306,0314,4454,670

17, 24813,633

30,881

3,82220, 5823,499

188, 6117,46510,47423, 2302,2124, 25411, 4509,59617,1365,7367, 64510, 4958,9669, 23813,37514, 2715,04267,9566,8085,7271, 5536r48317,2425,175

21, 41414, 73123, 24512,94813, 4018,5603,3174,2143,4257,7739,59915, 7927,985

1,4501,300

2, 750

200700400

3,655500800

1,327300250500600800750650850600900600600400

3,3003003004006507002Q0

1,050700600950700400200200400450850500450

14,37611,090

25,466

3,13718,3952,63387,1365,9088,40118,8501,8133,55810,6757,82515,0824,5516,1958,3487,816-7,32310,998ll,078i> 4,29460,7975,5834,710994

4,97916, 0354,48018,93713,42121*33911,13111,7177,8262,6323,7712,9556,7338,02213,8106,437

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 214: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY 207

TABLE NO. 18.—Classification of national banks, according to capital stock, JuneSO, 1925—Continued

[In thousands of dollars]

CAPITAL STOCK OF $200,000 BUT LESS THAN $500,000—Continued

Cities, States, and Territories

OTHER RESERVE CITIES—continuedOklahoma CityTulsaSeattle.__SpokanePortlandLos Angeles „___Ogden..Salt Lake City

Total other reserve cities.

Total all reserve cities

COUNTRY BANKSMaineNew Hampshire..Ve rmon t . . . ,MassachusettsRhode IslandConnecticut

Total New England States.

New YorkNew JerseyPennsylvania-DelawareMaryland

Total Eastern States-

VirginiaWest Virginia.. .North Carolina.South Carolina..GeorgiaFloridaAlabamaMississippiLouisianaTexasArkansas __.KentuckyTennessee . . .

Total Southern States.

OhioIndianaIllinois _Michigan...Wisconsin..Minnesota.I o w a . . .Missouri....

Total Middle Western States..

North Dakota..South Dakota-NebraskaKansas.MontanaWyomingColoradoNew Mexico.-_Oklahoma

Total Western States..

Num-ber ofbanks

128

141

81

6741

102

217

Aggregateloans anddiscounts,includingrediscounts

179

173

43

4,7974,0327,405158

2,879716

1,6904,392

823, 791

32, 6229,0775,61497,3716,30536, 624

186, 613

163, 97592? 271225, 2114,59911, 049

497,105

49, 35629,51836,15331,38815,99914,06327, 81023,0036, 33869,19914, 81222, 08213, 337

353, 058

108, 63045,11361,08446, 66353, 75314, 88730, 240

resources,includingrediscounts

11,9928,87516, 5212,5727,2131,1412,595

612,025

642,906

69, 31916, 7938,927

174, 55310,90771, 350

351, 849

331, 518191, 579464,81910,07116,375

1,014,362

73, 47644,81550, 93749, 31525, 03828, 78147. 33639', 11410, 017122, 38327, 75933,37622,456

574,803

196, 90884, 964128,07595,48096,63331,20353,24524,926

373,358 711,434

7,2142,5053,134

19, 71118, 372

8,1294, 406

12,097

il, 657

14,5275,9436,024

36, 54640,67311, 89517,9958,500

27,708

169,811

Aggregatepaid-incapitalstock

750450800200700200250300

32,332

35,082

3,4001,2001,1009,140850

4,982

20,672

16,2409,85025, 575

663902

5,0002,8004,1003,8253,1001,4504,1502,460900

9,8501,8002,8252,250

44, 510

13,0005,9758,1504,7006,3252,1753,2501,450

45,025

700250700

2,2002,000

850800650

2,050

10,200

Aggregatedeposits

11,0608,23014,8792,1046,198900

2,044.5,974

521, 714

547,180

57,18511,8165,051

144,2857,54955,913

281,799

276,094159,423361,7727,39613,466

818,151

55,29034,70334,74239,47315,60225,39335,57330,5407,89697,83523,50424,52416,017

441,192

156.17G68,240105,41381,33281,02226,37944,35021, 536

584,448

12, 7375,4574,49130,97935,62910,46616,0747,22024,327

147,380

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Page 215: Annual Report of the Comptroller of the Currency 1925

208 REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 18.—Classification of national banks, according to capital stock, June30, 1925—Continued

[In thousands of dollars]

CAPITAL STOCK OF $200,000 BUT LESS THAN $500,000—Continued

Cities, States, and Territories

COUNTRY BANKS—continued

WashingtonOregon _California _IdahoNevada _. _Arizona ,

Total Pacific States „

Total country banks.. -

Total United States

Num-ber ofbanks

67

30*412

50

743

884

Aggregateloans anddiscounts,including

rediscounts

10,62311,40648, 8338,8621,0995,856

84,679

1, 576, 470

1,900,261

Aggregateresources,includingrediscounts

20, 29618,67684,40616, 8193,607

10,123

153, 927

. 2,976,186

3, 619, 092

Aggregatepaid-incapitalstock

1,4501,5507,3501, 050

200400

12,000

185, 637

I 220,719

Aggregatedeposits

16,78814,05467,08114,1988,1019,259

124,482

2,397,452

2,944, 632

C A P I T A L STOCK

CENTRAL RESERVE CITIES

New York ,__. _Chicago. _ ___•

Total central reserve cities _--

OTHER EESERVE CITIES

BostonAlbany - -Brooklyn and Bronx y~ -Buffalo -PhiladelphiaPittsburghBaltimore ,___ .Washington „ _Jacksonville..,AtlantaDallas,Fort WorthHoustonSan AntonioLouisville-__Memphis ,CincinnatiColumbus-._ . ,ToledoChicago.PeoriaGrand BapidsMilwaukee...MinneapolisDes Moines _ _ _ . , _

Dubuque _ -Kansas City, Mo -St. Joseph rmSt. Louis - -

Omaha. , - ,.Kansas City» Kans - - .,,. , --Topeka »Denve r

Muskogee -Oklahoma City -Tulsa - __Seattle _ ... -Spokane _ ._„„,Los Angeles - . - -Oakland „

Salt Lake City

Total all other reserve cities

Total all reserve cities

OF $500,000 B U T

21

3

31117644213132221311312112131122122131213113

90

93

LESS T H A N $1,000,000

8,1105,448

13, 558

13. 7457,674

12, 0087,650

35, 62240,42522,31422, 61229, 0537, 705

11, 0354,496

19, 2285,423

11,33311, 5864,583

13,5645,5565,192

14, 57510, 78312, 3225,9422,723

12,8963,051

15,2983,9431,0698,857

12,0084,6556,196

17, 3893,705

10,6133,439

12,1723,118

10,4431,8762,490

14, 083

484, 450

498,008

12,8249,279

22,103

20,89415,03318,02613,16756,14872, 50539,17640, 20760,50612, 58217, 5939,035

29,4319,624

21, 84518, 38610,40326,73913, 78413,00629, 25115, 75223, 50210,2946,069

26,4876,123

23,4167,2955,962

15, 89417, 2629,418

15, 02135,1557,332

24,9365,805

22,2715,152

16, 6713,2955, 649

28, 549

884, 651

906,754

1,400'600

2,000

1,750600500550

3,5003,5502,8002,3501,250

7501,750

7501,8001,1001,0001,100

5001,600

500800

1,800800

1,000500500

1,000500

1,500500500

1,0251,400

6001,0001,050

5001,850

5001,000

5001,750

500500

1,600

50,875

52,875

9,3S57,87S

17, 213

16,83612,85815,08111,35543,45157,40930,74532, 656§6,51210,7 IS15,3308,060

25,1587,045

18,49715,6S9

. ;7,79i)21,97310,53911, 22722, 22112, 88818,6-379^2544,104

23,4235,313

20,175M i l5,116

13,76614, 8427,918

13,30331,5456,179

21,9585,095

19,2454,263

13, 7642,5804,285

24,122

739,163

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Page 216: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTB0LL.ER OF THE CUBBENCY 209

TABLE NO. 18.—Classification of national hanks, according to capital stock, June30, 1925—Continued

[In thousands of dollars]CAPITAL STOCK OF $500,000, BUT LESS THAN $1,000,000— Continued

Cities, States, and Territories

COUNTRY BANKS

Maine . , „„VermontMassachusetts ._ ._ -Rhode Island _ _Connecticut

Total, New England States -

New YorkNewJersey -Pennsylvania

Total, Eastern States..-

Virginia . - .West VirginiaNorth Carolina . . .South Carolina,Georgia _„ . .Florida _AlabamaMississippiLouisianaTexasArkansasKentucky .Tennessee., .

Total, Southern States—

OhioI n d i a n a :IllinoisMich igan . . „ __ > _ _ _ _ . _ _WisconsinMinnesotaMissouri . . .

Total, Middle Western States

WashingtonCalifornia .. _Nevada . .

Total, Pacific States -__

Hawaii (nonmember bank)_._

Total, country banks,

Total, United States - —

Num-ber ofbanks

21

1246

25

81219

39

7573241115333

45

5973721

34

241

7

1

151

244

Aggregateloans anddiscounts,including

rediscounts

9,3342,712

71, 71815, 97028, 753

128, 487

40,40875, 09086, 250

201, 748

25, 70321,51735,2278,957

10, 99433,6023,9061,8162,647

13, 8229,391

12,14917,438

197,169

21,10232, 85632,15611, 89230, 321

6, 9383,245

138, 510

8,32322, 355

3,177

33,855

2,014

701, 783

1,199, 791

Aggregateresources,includingrediscounts

15,2684,079

115,93827,19549,091

211, 571

61,319155, 095166,469

382,883

40, 06334,80053,70917,81915,88572, 5926.4752,9824,978

26,87416, 33318, 53325,474

336, 517

37,94165,88954.84523, 58152,32212, 3735,289

252, 240

16, 09541,889

5,684

63,668

6, 290

1, 253,169

2,159, 923

Aggregatepaid-incapitalstock

1,200500

6,3502,3503,350

13,750

4,5007,000

10,000

21, 500

3, 7002,5003,9501,5001,0002,400 ••

500500600

2,8001,5002,1001,600

24,650

2,6005,3003,7501,6003,8001,100

500

18, 650

1.0002,250

700

3,950

500

83,000

135,875

Aggregatedeposits

11,9142,241

95,25818,38940,920

168,702

48,398131,833128,750

308,981

27,89325,10736.06513,69213,09166,9485,1721,5303,435

20,15512,48512,41719,000

257,890

29,32652,67446,87019,72243,398

9,9694,539

206,498

14, 05034, 534

4,150

52, 734

4, 724

999, 529

1, 755,905

CAPITAL STOCK OF $1,000,000, BUT LESS THAN $5,000,000

CENTRAL RESERVE CITIES

New York. __-_

Chicago -.

Total central reserve cities

OTHER EESERVE CITIES

Boston. _Albany -,Brooklyn and BronxBuffaloPhiladelphia--..-™ ,Pittsburgh ___-—Baltimore » —— -—

19

314,394138, 620

453,014

116, 55347, 87214,89832, 703

273, 59867, 58668, 749

600,978218,761

819, 739

187, 36097, 57322,13967, 242

510, 097115, 748143, 069

24,00011,350

35,350

8,5002,7501,0002,00010, 9506,0008,500

497,222190, 298

687,520

150,87887,32918,65160,080419,23090,316112,142

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Page 217: Annual Report of the Comptroller of the Currency 1925

210 REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 18.—Classification of national banks} according to capital stock, JuneSO, 1925—Continued

[In thousands of dollars]

CAPITAL STOCK OF $1,000,000, BUT LESS THAN $5,000,000-Continued

Cities, States, and TerritoriesNum-ber ofbanks

Aggregateloans anddiscounts,includingrediscounts

Aggregateresources,includingrediscounts

Aggregatepaid-incapitalstock

deposits

OTHER RESERVE ciTiEa—continuedWashingtonRichmond--Atlanta.-Jacksonville-- _Birmingham. _New Orleans-_ _Dallas-El Paso__Fort Worth——Galveston.-Houston _San Antonio-:_ _Waco- —Louisville--Nashville-CincinnatiCleveland «ColumbusIndianapolis -Detroit „ _Grand RapidsMilwaukee-- _ ---l^iimeapolis---^-.St. Paul. „- ---Des Moines -Sioux City _Kansas City, Mo .__St. Louis.- 4 -Omaha •Wichita -Denver.-- -Oklahoma CityTulsa__ _SeattleSpokane—Portland-Los AngelesOaklandSan Francisco

Total all other reserve cities-

Total all reserve cities

COUNTRY BANKS

MassachusettsRhode Island.. _-.

Connecticut.

Total New England States

New YorkNew Jersey _

Pennsylvania -

Total Eastern States -.

VirginiaWest Virginia _North CarolinaSouth Carolina- _FloridaAlabama.-- __LouisianaTexasKentuckyTennessee

Total Southern States..

126

145

14

15

41,86366,258

24,47125, 01824,48965,9188,304

27,6147,388

53,36018,8626,921

51,85933,34847,30463,23528,48744,65363,8047,738

18,28264,97948,03620,542

7,92158,45439,19749, 53814, 27148,91119,73441,18040,81723,91942,226

173,14415,83148, 707

83,24297,60494,01546, 65539, 21442, 649

116,44114,50654,40012,92797,42734,68610,18785,66453,36181. 587

115, 05151,34585, 573111, 51914,88527,075110,640105, 89336,81912,505113,86666,54597, 01035, 510112, 76738,22072,97896,46135,385100, 543296,69326,47993,394

5,7506,0005,2001,4001,5002,80010,0001,0003,0001,0005,5003,0001,0003,5003,0006,0004,8002,8006,2504,0001,0002,0005,0005,0002,2001,0005,0004,7004,3502,0003,5002,0004,0004,2002,2006,30015,0001,0006,000

2,161, 481

2,614,495

3, 964, 949

4,784,688

199,650

235,000

52,90116,88272,743

82,63834,138123,124

4,5002,2509,350

142,526 239,900 16,100

47,25091,31823,119

85, 704168, 62065,346

5,4509,5504,000

161,687 319,670 19,000

46,83813,24910,88711,66111,4523,91429,04913, 8144,41129, 776

68,56518,75015,81320, 99219, 2338,49542,66425, 7156,78045,427

175, 051 272,434

6,2002,0001,0002,0001,0001,0003,0002,0001,0003,500

68,37877,67080,20043,59432, 55033,85696,62411,35546,82310,79684,16429,0177,85871,16941,41862,82392,73839,44968,39893,69512,23522,230100,50992,90132,97511,006102,82953,01787,58531,898104,11035,57566,88184,83329,32790,158259,70122,28171,664

3,342,916

4,030,436

65,96526,47393,837

186,275

141,30551,102

262,340

47,92912,38410,81615,92517,2456,93335,75521,2304,42936,042

22,700

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Page 218: Annual Report of the Comptroller of the Currency 1925

BEPOET OF THE COMPTROLLER OF THE CTJBBENCY 211

TABLE N O . 18.—Classification of national banks, according to capital stock, June

30, 1925— Continued[In thousands of dollars]

CAPITAL STOCK OF $1,000,000 BUT LESS THAN $5,000,000— Continued

Cities, States, and Territories

COUNTRY BANKS—continued

Ohio . - .Indiana .'MichiganMinnesota - ---

Total Middle Western States

WashingtonCalifornia

Total Pacific States

Total country banks

Total United States

Num-ber ofbanks

3113

8

12

3

61

206

Aggregateloans anddiscounts,includingrediscounts

23,7518,9207,117

27,243

67, 031

9,91517, 733

27,648

573,943

3,188, 438

Aggregateresources,includingrediscounts

39,11916,18515,33551,744

122,383

19,51432, 561

52, 075

1,006, 462

5, 791,150

Aggregatepaid-incapitalstock

4,5001,0001,2505,000

11, 750

1,0002,000

3,000

72,550

307,550

Aggregatedeposits

28,84013,33711,78741,175

05,139

17,31428,477

45,791

798,233

4,828,669

CAPITAL STOCK OF $5,000,000 OR MORE

CENTRAL BESERVE CITIES

New York .

Chicago-- --. .

Total central reserve cities

OTHER RESERVE CITIES

Boston .Philadelphia...^..PittsburghCincinnati .-Detroit . . . - _ . - .Milwaukee _Minneapolis....- _St. LouisSan Francisco

Total all other reserve citiesTotal all reserve cities and United States -

12

27

$1,752,614460,843

2,213,457

3*60,60488,40688, 52224,66275,86770,32052, 690142,832129,149

1,033, 052

3,246,509

$3, 962,574777, 283

4, 739,857

619, 779154,209328,46953, 808135,403107, 518102, 655240,198227,349

1,969,388

6, 709,245

$153, 50037,500

191,000

35,0005,000

18,5006,0005,0006,0005,50020,00013,500

114, 500

305, 500

$3,235,930673,193

8,909,123

486.745129,692274,06341,745115,03491,71489,207201,987185,672

1,615,759

5,524,882

GRAND TOTAL

CENTRAL RESERVE CITIES

New York..Chicago....

Total central reserve cities. _

OTHER RESERVE CITIES

BostonAlbany. . . .Brooklyn and Bronx..BuffaloPhiladelphiaPi t t sburgh. . . . .BaltimoreWashingtonRichmondAtlantaJacksonvilleBirminghamNew Orleans,Dallas. . . .El Paso.. . .

47

$2,084,305610,617

2,694,922

493, 69555, 54634,66042,007

459,927199. 77497; 72977,67167, 75461,64453,52427, 01924,48979, 30214, 639

$4, 593,6241,018, 956

5,612,580

831,855112, 60660, 74783,908829,065524,187192, 719146, 67999, 816106, 597107,16143,46842,649138,80425,956

$180,35050, 750

231,100

45,4503,3502.2002,95029,10528,55012,1009,4276,3005,9502,6501,7502,80011,9001,500

$3, 756,863882,459

4,639,322

657,596100,18752,12774,069679,409427,696151,288119,88479,48390,918100,10636,10833,856116,15422,030

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212 REPORT OF THE COMPTROLLER OF THE

TABLE NO. 18,—Classification of national banks, according to capital slock, June80, 1926—Continued

[In thousands of dollars]

GRAND TOTAL—Continued

Cities, States, and TerritoriesNum-ber ofbanks

Aggregateloans anddiscounts,includingrediscounts

Aggregateresources,includingrediscounts

Aggregatepaid-incapital•stock

Aggregatedeposits

OTHER RESERVE CITIES—continuedFort Woith....,Qalveston..Houston ,San Antonio.. „ ,.WacoLittle Rock... _ „ _ ,.Louisville ,Memphis. , . - . . . -_ .Nashville -__Cincinnati ,._.Cleveland..ColumbusToledo—.—.-..„ , .Indianapolis „,.„„, _..._.., .--Chicago' + *..Peoria. I . . .DetroitGrand Rapids , „MilwaukeeMinneapolis „ .St. PaulCedar RapidsDes Moines. „IMtmque . . . .Sioux City.,_T „._ ,Kansas City, Mo.St. Joseph---,. . — , -St. Louis--. -Lincoln.- >-Omaha IKansas City, Kans-— --—Topeka -.- . . . _-Wicfcita.-Helena - -Denver - -Pueblo... , -.-.Muskogee .- . ,Oklahoma City..,. ,„Tulsa ,. , - . . ,Seattle rSpokane^ , ,Portland ,.--..Los Angeles .OaklandSan Francisco _Ogden ..Salt Lake City

Total all other reserve cities...

Total all reserve cities

COUNTRY BANKS

Maine-,-,—-New Hampshire.,Vermont __Massachusetts—.Rhode Island..—.Connecticut-

Total New England States.

New YorkNew JerseyPennsylvania..DelawareMaryland

369

416

585446

1441762

381

Total Eastern States..

2658211874

1,666

37,97418,21976,07228,44212, 6166,68563,19211, 58640,34780,82363, 23550,8845, 556

47, 82231, 39218,029139,67119,622101,605126,60256,90312, 89623,2654,92818,92881,19018,069186,48016,45365, 1116,4168, 61415,9513,53072,3315,5748,37535,14448,65160,39427,19545,105184,30317,707177,8565,04818,475

73,03130,063132, 59451, 95521,4159,581

107, 50918,38662, 599159,173115,05192,35513, 78490, 61584,38336, 059246,92236,364153,648230,072123,135

42, 88811,29833,919

152,01330,540

326,36329,295

122,83212,73521,62038,935

7,773157,52118,14015,31775,14887, 658135,25343,109107, 756314,50529, 774320,7439,655

35, 218

4,3501,8008,0504,7501,950700

4,5001,1003,90013,1004,8005,000500

6,6504,2252/1009,0002,1009,40011,6505,7001,0002,700700

2,0507,2001,160

26,3311,7256,150'8001,4002,400450

5,400600950

4,6004,9506,0002, §007.00016,9601,50019,500

8501,900

62,70825,^78113,87342, 25716,6648, 31489, 666•16,. 05®4S, 741123,35892, 73872, 50010, 53972, 69275, 02627.804208,72-929,833133,625203,9.19108,93623,42337,070

%m29,943136, 42527, 550271,74525, 483110, 25310,55019,02634,8536, 733

143,67715,80512,616£8,59380,206118,95735, 69496, 350

274, 36524,861257,3367,434

30,096

3, 994, 646 7,447,406 393,413 6, 233, 254)

6,689, 568 13, 059,986

64,47337,12032,715

290, 75641, 633149. 903

137,67675,18863,887526,08279, 301272,601

616,600 1,154, 735

486, 768406, 680739, 36811,08554,459

1,041, 211841, 529

1, 593, 71124,145107,429

629,513

7,3705,2405,069

28, 7676,320

20,002

10,872,572

112,01954,88147, 307

428,51257,1,592X2, m

72,759 JM&286

52.49040', 97385, 4841,7355,179

•863,799708,998

1,25.2,828I7,d5088,416

3, 603, 025 185, 861 2,931,691

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Page 220: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CUKRENCT 213

TABLE N O . 18.—Classification of national banks, according to capital stock, June30r 19%5—Continued

[In thousands of dollars]

GRAND TOTAL—Continued

Cities, States, and Territories

COUNTRY BANKS—continued

Virginia.,,.. „ . , - . . , -.—,.,West Virginia.North CarolinaSouth CarolinaGeorgiaFloridaAlabama _ -Mississippi _Louisiana - —„-»TexasArkansasKentucky „Tennessee. , .

Total Southern States -~.

Ohio.._ rIndiana .Illinois.MichiganWisconsin ,. ,.„.„.Minnesota „„,_,. . . .Iowa „_ _Missouri *mmm „ „ . ,

Total Middle Western States

North DakotaSouth Dakota -NebraskaKansas „ „ „_MontanaW y o m i n g . . .ColoradoNew MexicoOklahoma

Total Western States _

Washington „OregonCaliforniaIdahoUtahNevada.,,Arizona, , . .

Total Pacific States

Alaska (HonmeTBfoer banks)Hawaii (nonmember banks) _

Total nonmember banks _

Total country banks

Total United States

Num-ber ofbanks

17512483758654

1003632

59883

13598

1,679

338242465120150309328106

2,058

160111159247

' 8332

12631

376

1, 325

10093

24957141018

541

42

6

7,656

8,072

Aggregateloans anddiscounts,includingrediscounts

201,233128,641129,80680,84262,05087,80672,68646, 31649. 511

272,56750.320

100, 71098,258

1,386, 746

287, 754177, 995297, 568131, 291148, 666161,421173,90252,198

1, 430, 793

52, 22346, 62264, 28897, 92536, 72S22, 55351,20115, 274

106,420

493, 235

65, 60545.141

182, 84330,4126,222% 495

15,098

354,816

1,2912,658

3,949

5, 984, 499

12, 674, 067

Aggregateresources,including

rediscounts

296,830197,666187,712129, 51394,040

189,055123, 61280,80276, 251

470, 53789. 323

168, 718150,881

2, 254,940

533,004328,207562, 050269, 543271,064308, 504284,17193, 431

2, 649, 974

99,66685,697

107, 926179,49075,00543,036

100,88227,285

224,246

943,233

131,98185,385

340, 88153,8369,560

18, 48427,811

667,938

3,6038,429

12,032

11, 290, 877

24, 350, 863

Aggregatepaid-incapitalstock

23,97913,41614,06511,2309,7157,854

11, 3205, 2856,225

46,9377, 205

14, 09612, 369

183, 696

38, 88025, 298:

36, 97315, 02117,60520,36920,0707,492

181, 708

6,4405.1058,455

13, 5885, 3352,7256,8652,135

16,855'

67,503

8,6656,420

24,9853,840

8001,3851,500

47, 595

200600

800

739,922

1,369, 435

Aggregatedeposits

214,900148,864130, 74898, 79864,098

169, 79490, 64864,17060,960

355,38671,059

125, 528114,719

1, 709, 672

411,248257,210454,646226,246226,395261,175227,40573,6$)

2,137,951

84,34573,01785, 249

146. 49963, 38136, 34383,39622,499

190, 790

* 785, 519

112, 75768,977

278,59943, 5727,331

15,05523,851

550,142

3,1966,640

9,836

9, 037,097

19, 909, 669

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Page 221: Annual Report of the Comptroller of the Currency 1925

214 REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 19.—United States bonds on deposit to secure circulating notes ofnational banks in years ended October §1, from 1900 to 1925

YearNum-ber ofbanks

United States bonds held as security for circulation

2 per cent consolsof 1930 4 per cent bonds 3 per cent bonds 6 per cent bonds Total

1900-

1901-

1902-

1903..

1904,.

1905-,

W0£-

1907.

1908

1909.

1910.1911-J912-1913.1914.1915.1916.1917_1918-1919.1920.1921_1922-1923.1924.1925.

3,871

4,221

4, 601

5,147

5,495

5,858

6,225

6,620

6,873

7,025

7,2187,3317,4287; 5147,5787,6327,6087,6717,7657,9008,1578,1798,2628,2648,0988,118

I $1,019,950Consols of 1930,: 270,006,600

f 12,500Consols of 1930,[ 316,625, 650

320,738, 000

376,003,300

416,972,750

483,181,900

492,170,650

532,543, 550

554,700,700

573,328,450

580,145,400593, 006, 600601,762,600604,264, 950606, 622,300600, 678, 600567, 690, 250555, 514, 950561,848,600565,094, 950570,372,500676, 522, 950581,493,950586,801,800589,086, 200591,792,150

(Consols of 1907,$13, 544,100

Loan of 1895,7,503,350

Consols of 1907,6,032,000

Loan of 1895,2,911,100

Consols of 1907,8, 248,450

Loan of 1895,I 2, 208,600(Consols of 1907,

2, 979,200Loans of 1895,

1,410,100(Consols of i907,

5,857,5001 Loan of 1895,1 1, 791,600(Consols of 1907,I 4,050,350I Loan of 1895,I. 4,465,000(Consols of 1907,I 25,124,6501 Loan of 1895,I 4,602,100/Loan of 1895,\ 10,732,900

14,960,450

[4 per cent loan of1925,

[ 15,463,05021,022, 65022,854,30026,817, 00035,302, 70034,699,30032,304, 80026,214, 40034, 743, 90050, 240, 80058,055, 05068, 578,00077,257,40082, 509, 90085,823,15076,687,050

I Loan of 1898, 3per cent,

$7, 756,580

6,056,720

1,797,580

1,922,940

2,215,540

3,273,700

6,490,080

10,468, 520

3 per cent 1908-1918,

14,575,56015,337, 54018,199, 38020,419, 22022, 245,10021,447,18020,377, 72015,984,68017,715, 220

32,240

Loan of 1904, 5per cent,

$1,293,000

268,900

1,100,900

718,650

[2 per cent Pan-ama Canal,

[ 14,482,080

17,245,38038,558,68013,936, 500

Certificates of in-debtedness 3per cent..

2 per cent 1936and 1938, Pan-ama Canal,

76,178,68078,420,48080,110,04081,258,46081, 701, 24081,971, 82081, 614,42078.068, 66071,466,14072,324,80072,672,06073,116,00073,732,14073,656,84073,937,38074.069, 64074,392,980

$301,123,580

329,833,930

338,352,670

382,726,830

426,544,790

493,912,790

539,653,180

567,011,910

632,624,850

679,545,740

694,926,070714,170,320730,257,280743, 513,990744,740,600734,975,540687,957, 990679,440,210684,446,440

712,066,500727, 512,490737,660,690746,562,330739,842,890666,185,130

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Page 222: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 20.—Profit on national-bank circulation, based upon a deposit of $100,000 United Stales consols of 1930 and Panama Canalbonds, at the average net price, monthly, during the year ended October 31, 1925

CONSOLS OF 1930

1

Date

1924NovemberDecember

1925Januan^FebruaryMarchAprilMay___-JuneJulyAugust .SeptemberOctober

Cost ofbonds

$103,989103,308

103,070103, 367103,301103, 028103,053103, 202103, 207102, 981102, 840102, 659

Circula-tion ob-tainable

$100,000100,000

100,000100,000100,000100,000100,000100,000100, 000100,000100,000100,000

Receipts

Intereston bonds

$2,0002,000

2,0002,0002,0002,0002,0002,0002,0002,0002,0002,000

Intereston circu-

lationless 5

per centredemp-tion fund

$5,7005,700

5,7005,7005,7005,7005,7005,7005,7005,7005,7005,700

Grossreceipts

$7,7007,700

7,7007, 7007,7007,7007,7007,7007,7007,7007,7007,700

Deductions

Tax

$500500

500500500500500500500500500500

Expenses

$62. 5062.50

62.5062.5062.5062. 5062.5062.5062.5062.5062.5062.50

Sinkingfund

$634. 40535. 77

506.50566. 01565. 56528. 88543. 78581. 75594. 51564. 03548. 64524. 63

Total

$1,196. 901,098. 27

1,069. 001,128. 511,128. 061,091. 381,106. 281,144. 251,157. 011,126. 531, 111. 141,087.13

Netreceipts

$6,503.106, 601. 73

6, 631. 006,571. 496,571. 946,608. 626,593. 726,555. 756,542. 996,573.476, 588. 866,612. 87

Interest oncost of

bonds at 6per cent

$6,239. 346,198. 48

6,184. 206,202.026,198. 066,181. 686,183.186,192.126,192.426,178. 866,170. 406,159. 54

Profit on circulation inexcess of 6 per cent onthe investment

Amount

$263. 76403.25

446. 80369.47373. 88426. 94410. 54363. 63350. 57394. 61418. 46453. 33

Per cent

0.254.390

.433

.357

.362

.414

.398

.352

.340

.383

.407

.442

PANAMA TWOS, 1916-1936

1924NovemberDecember

1925JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctober

$103,473102, 274

100,910101,011101,139101, 040101,210101, 332101, 322101, 341101,125101, 000

$100,000100,000

100,000100,000100,000100, 000100,000100,000100,000100, 000100, 000100, 000

$2,0002,000

2,0002,0002,0002,0002,0002,0002,0002,0002,0002,000

$5,7005,700

5,7005,7005,7005,7005,7005,7005,7005,7005,7005,700

$7,7007,700

7,7007,7007,7007,7007,7007,7007,7007,7007,7007,700

$500500

500500500500500500500500500500

$62. 5062.50

62.5062.5062.5062.5062.5062.5062.5062.5062.5062.50

$206.29126.66

55.2461.9970.5465.0676.4785.0585.2885.6474.0966.55

$768. 79689.16

617. 74624. 49633. 04627. 56638. 97647. 55647. 78648.14636. 59629. 05

$6,931.217,010.84

7,082. 267,075. 517,066. 967,072.447,061. 037,052. 457,052. 227,051. 867,063. 417,070. 95

$6, 208. 386,136.44

6,054. 606, 060. 666,068. 346,062. 406,072. 606,079. 926.079. 326.080. 466, 067. 506, 060. 00

$722. 83874. 40

1, 027. 661,014. 85998. 62

1,010. 04988. 43972. 53972. 90971. 40995. 91

1, 010. 95

0.699.855

1.0181. 005. 9871.000.977

.9851.001

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Page 223: Annual Report of the Comptroller of the Currency 1925

216 REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 21.-—Investment value of United States bonds—Panama Canal bondsf

4's of 1925 and 2Js of 1930

Date

Panama Canal bonds,2's of 1916-1938

Averageprice, net

Rate ofinterest

realized byinvestors

4 per cent bonds of 1925

Averageprice, net

Rate ofinterest

realized byinvestors

2 per cent bonds of 1930

Averageprice, net

Rate ofinterest

realized byinvestors

1925January:.- _April. .JulyOctober..- _.

100.9099101.0400101. 3221101.0000

Per cent1.9121.8981.8681. 898

100.0607Per cent

80)

80)

103. 0697103, 0275103. 2067"102. 6587

Per cent1. 3881. 368.1. 2971.3S4

i Matured Feb. 1,1925.

TABLE No. 22.—United States bonds^—Monthly range of prices in New. York,November, 19@4, to October, 19£&, inclusive'

Date

Coupon bonds Registered bonds

4's of 1925 2's-of 1930 4's of 1925 2's of 1930 Panama 2'sof 1916-1936

1924November:

OpeningHighest. , . . .Lowest. fc.._w—.Closing.,- - , .

December:Opening ....HighestLowestClosing-

Not quoted..dodo.

Not quoted':,do

103 @104103^@04

.do...do..

103%@104%103M@104>i

.do.,

.do.,

.do..

1925January:

Opening: _.._._.Highest.—.LowestClosing

February:Opening-..Highest.LowestClosing

March:Opening;Highest. . . . . -._Lowest .Closing—

April:Opening _.Highes t .^ . . .Lowest.._Closing - .

Mas-OpeningHighest. _.--Lowest__Closing.

June:Opening __Highest _LowestClosing.

July:Opening.HighestLowest __Closing.

100 @10©&100 ©lOQffc100 @10sV100 @100&

0)

do. . . . .

do.do

103K@l03^i doI

(0

.do.,

.do..

..do... . . . . d o

..do-,.do,.d

.....do..

..do..

103

103103103103

103103

..do.,-do.,- d o .

-do.,-do,,.do.._do_.

-do.,.do....do....do..

..do.,.do...do....do..

..do.,.do....do.,.do:.

.do.._do._do_.-do_.

101101

102102

101 ©101%101 ©101 %IOOM©IOIM

101 ®ioi34H@OIK

101%0%

101100101

101101 @ 1 %100%@101%.100^@101%

i Matured Feb. 1,1925.

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Page 224: Annual Report of the Comptroller of the Currency 1925

KEPOUT OF THE COMPTROLLER OF THE CXJREENCY 217

ABLE N O . 22.—United States bonds—Monthly range of prices in New York,November, 1924, to October, 1925, inclusive—Continued

Dtte

August:OpeningHighestlowest,(losing

SepUia'K-r:OpeningFli ghostr-ov,W,fir-sing

Oc'cior:spoiling.K U t t

Coupon bonds

4's of 1925 2's of 1930

102 @103102^©102j

Registered bonds

4's of 1925 2's of 1930

Not quoted,.do-do.._do_.

.do....do....do....do..

_do.do.do.

Panama 2'sof 1916-1936

100?4^i!101 @101 ;

101 @IQ1%

ioi @ioiH

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Page 225: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 23.—Number, capital stock, and circulation outstanding of national banks in each State issuing and not issuing circulating notes,December 81, 1924, and April 6, 1925

[In thousands of dollars]00

States

Maine.New HampshireVermontMassachusettsRhode IslandConnecticut

Total New England States

New YorkNew JerseyPennsylvaniaDelaware..MarylandDistrict of Columbia

Total Eastern States.

VirginiaWest VirginiaNorth Carolina .South CarolinaGeorgiaFloridaAlabamaMississippiLouisianaTexas _ArkansasKentuckyTennessee _

Total Southern States

Numberof banks

585446

1571762

394

533253868

188413

1,769

182124

84799355

1023633

57287

138106

1, 691

Capital

7,3705,2405,060

68,0676,320

20,037

112,094

227,16938, 980

141,9391,735

16, 9549,327

436,104

29,99213, 42613, 59511, 53016,19010,19013,0705,1858,875

74,1277,930

18, 49617, 249

239, 855

Dec. 31, 1924

Circulationoutstanding

5,8284,8454,345

23,0164,691

11,971

54, 696

79, 64420,74094,4421,1319,4325,097

210,486

21,07510, 5849,5897,2279,6665,859

10,3052,9294,170

42,1184,100

16,36913,183

157,174

Banks not issuingcirculation

Numberof banks

14

5

19

434834

12

128

1787

1710

8677

10422

26

221

Capital

32,150

2,330

34, 480

32, 4755,973

16,035

4003,000

57, 883

2,083535715

1,9051,3401,300

6251,275

32511,1921,995

75510

23, 875

Apr. 6, 1925 ^hr

Numberof banks

585446

1561762

393

533258866

188413

1,772

182123

84749156

1023633

57987

139105

1,691

Capital

7,3705,2405,060

73,0176, 320

19, 993

117,000

242, 03039, 938

142, 3391, 735

17,0299,327

452; 398

30, 32213, 36114,06611,17516,14010,33013,0705, 2858, 875

77,3127, 930

18, 57117, 356

243, 793

Circulationoutstanding

5,5784,6324,318

19,1434 7109,983

48, 364

65,06620,85281, 221

1,1379,3884,491

182,155

19, 68310,3399, 5236,5948,4965,2219,2272,8924,076

40,0733, 751

15, 79913,251

148, 925

Banks not issuing Ccirculation W

Numberof banks

22

22

8

34

555841

13

158

2098

1813

9877

1222567

259

Q

Capital ^

250 te200

O39,600 2

3,336 Jt

43,386 £E

38,560 E6,661 fe

20,295 hj

400 Q3,200 ^

69,116 tj

w5,148 W560 -736 2

1,900 S2, 140 &1,440 a1,885 S1,275. 5

325 312,840 ^2,520

300547

31. 616

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Page 226: Annual Report of the Comptroller of the Currency 1925

OhioIndianaIllinoisMichiganWisconsinMinnesota -Iowa -Missouri ,-

Total Middle Western States

North Dakota -South DakotaNebraskaKansas -Montana..WyomingColoradoNew Mexico :Oklahoma -

Total Western States

Washington. --OregonCaliforniaIdahoUtah_NevadaArizona

Total Pacific States.-.

Alaska (nonmember banks)

Hawaii (nonmember banks)

Total (nonmember banks)

Total United States..

358247499122156330344131

2,187

165114173257913214033407

1,412

1119826367211119

590

42

6

8,049

62, 28531, 87392, 51525, 36026,81538, 44326, 63041, 713

345, 634

6,5905,23016,42017, 6335,9852,67513,0652,31027,845

97, 753

17,19013, 22061,0314,5453,5501,4601,600

102, 596

200600

800

1,334,836

45, 84127, 30033. 87313, 97815, 38116,18118, 75018, 596

189,900

4,4683,5128,55210, 3802,9321,8315,8801,3359,590

48,480

9,3233,751

32, 5332,6793.1761,218917

53, 597

61450

511

724,844

14935815301913

143

221813513952812151

339

34205220115

133

21

3

986

1,0801,545

21,1852,4862,5454,8001,9402,255

37,835

730550

3,2254,5151,395160

2,405775

9,025

22, 780

2,5451,2807,0441,00010025325

12, 319

100100

200

189,372

357246501124158327341131

2,185

161113172256853213*733401

1,390

1119926357211018

579

42

6

8,016

62, 28031, 94893, 95325,82727,04038, 33326, 44341, 796

347, 620

6,4905,17016, 37017, 6585,7852,72512, 8652,310

27, 700

97,073

17,49013,38961, 5313,9153,5501,3851,500

102, 760

200600

800

1,361. 444

41,12925, 31830, 53613, 55714, 35414,82817, 66417,018

174, 404

4,3372,9398,4259,9562,4751,7285,5391,3298,641

45, 369

9,3923,399

30, 2052,3302,6691,180567

49, 742

51437

488

649,447

1610471320342817

185

232413543753112162

361

35246217216

147

21

3

1,147

1,3052,045

23, 5004, 7273,2255,0752,7932,554

45, 224

755965

3,2254,7401,395160

2,605775

10,945

25, 565

2,5453,5809,26977060025625

17, 414

100100

200

232,521

W

oo

3o

CO

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Page 227: Annual Report of the Comptroller of the Currency 1925

220 REPORT OP THE COMPTROLLER OP THE CURRENCY

TABLE NO. 24.—Number, capital stock, and circulation outstanding of nationalbanks in each Federal reserve district issuing and not issuing circulating notesDecember 31, 1924, nd April 6, 1925

[In thousands of dollars]

Federal reserve districts

District No. 1:Banks not issuing circulationB anks issuing circulation..,

Total— -

District No. 2:Banks not issuing circulationBanks issuing circulation

Total w -

District No. 3:Banks not issuing circulation.-.B anks issuing circulation

Total v

District No. 4:Banks not issuing circulation.^Banks issuing circulation

Total

District No. 5:Banks not issuing circulation ...Banks issuing circulation.,

Total - . . - — -

District No. 6:Banks not issuing circulation..Banks issuing circulation.

Total — -

District No. 7:Banks not issuing circulation...Banks issuing circulation.__.

Total

District No. 8:Banks not issuing circulation _.Banks issuing circulation _

Total

District No. 9:Banks not issuing circulationBanks issuing circulation

Total _—

District No. 10:Banks not issuing circulation. __—Banks issuing circulation...

Total _

District No. 11:Banks not issuing circulation ,--.B anks issuing circulation. ._

Total

District No. 12:Banks not issuing circulation . . .Banks issuing circulation

Total

Dec. 31, 1924

Num-ber ofbanks

17'366

383

78633

711

44622

666

20732

752

52503

555

39343

382

66989

1,055

45447

492

118667

785

244789

1,033

128517

645

132452

584

Capital

33,33075, 231

108, 561

39,099220, 984

260,083

16,23482; 324

98, 558

1, 405126,160

127, 565

8,63884, 516

Circulat-ing notesoutstand-

ing

52,444

52, 444

96, 453

96,453

57,914

57,914

98, 881

98, 881

61, 374

93,154 | 61,374

4,75058,410

63,160

28, 395150, 908

179,303

3,88066, 043

69,923

7,82555,618

63,443

20, 80566,123

86,928

12, 59268,645

81, 237

12, 21989, 902:

: 102, 121

; 42,610

42, 610

90, 285

90,285

42,492

42,492

32,744

32,744

40,534

40,534

45, 279

45r279

53,323

53,323

Apr. 6, 1925

Num-ber ofbanks

32350

382

96618

714

53614

667

25726

751

59490

549

46335

381

91965

1, 056

58434

492

131641

772

261762

1, 023

146503

649

146428-

574

Capital

42, 23671, 231

113,467

45,674230,130

275, 804

17,09281, 714

98, 806

5,280122, 605

127,885

'• 11,94481, 666

93, 610

6, 98756, 495

63, 482

33, 910147, 361

181, 271

5,45464,552

70,006

9,04053,983

63,023

23,20563,483

86, 688

14,18570,032

84,217

17,31485, 071

102,385

Circulat-ing notesoutstand-

ing

46,342

46,342

81, 746

81,746

55, 263

55,263

83, 898

83,898

58, 384

58, 384

39, 720

39, 720

83, 597

83, 597

39, 566

39,566

29, 735

29, 735

38,053

38,053

43,088

43,088

49, 567

49, 567

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Page 228: Annual Report of the Comptroller of the Currency 1925

REPORT OP THE COMPTROLLER OP THE CURRENCY 221

TABLE NO. 24.—Number, capital stock, and circulation outstanding of nationalbanks in each Federal reserve district issuing and not issuing circulating notesDecember 31, 1924, and April 6, 1925—Continued

[In thousands of dollars]

Federal reserve districts

Nonmember national banks (Alaska andHawaii):

Banks not issuing circulationBanks issuing circulation __

Total

Total United States, all national banks:B anks not issuing circulationBanks issuing circulation

Total

Dec. 31, 1924

Num-ber ofbanks

33

e

7,063

8,049

Capital

200600

800

189,3721,145,464

1,334,836

Circulat-ing notesoutstand-

ing

511

511

714, 844

714,844

Apr. 6, 1925

Num-ber ofbanks

33

6

1,1476,869

8,016

Capital

200600

800

232, 5211,128, 923

1, 361,444

Circulat-ing notesoutstand-

ing

488

488

649,447

649,447

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Page 229: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 25.—National-bank notes issued redeemed, and outstanding, by denominations and amounts, on October 31, in each year from1914 to 1925, inclusive

[For prior years see annual report 1920]

tototo

w

oYear Ones Twos Fives Tens Twenties Fifties

Onehundreds

Fivehundreds

One thou-sands Total

Issued dur-ing current

year

1914.

1915

1916

1917

1918

1919

1920

1921

1922

1923_...

1924._._

1925.. . .

Issued ._Redeemed-_OutstandingIssued _Redeemed.OutstandingIssued . .Redeemed . _OutstandingIssued --RedeemedOutstandingIssued - .RedeemedOutstandingIssued .RedeemedOutstandingIssuedRedeemedOutstandingIssuedRedeemedOutstandingIssuedRedeemedOutstandingIssuedRedeemedOutstandingIssuedRedeemedOutstanding. __ _Issued .Redeemed .Outstanding

$23,169,67722,826,918

342, 75923,169,67722,827,374

342,30323,169,67722,827,540

342,13723,169, 67722,827, 605

342,07223,169, 67722,827, 605

342,07223,169, 67722,827,605

342,07223,169, 67722.827, 771

341,90623,169,67722,827,833

341,81423,169, 67722,827,833

341,84423,169,67722,827,833

341,84423,169, 67722.828, 230

341,44723,169, 67722,828,230

341,447

$15,495,03815,331,256

163,78215,495,03815,331,486

163,55215,495,03815,331, 570

163,46815,495,03815,331, 646

163,39215,495,03815,331, 646

163,39215,495,03815,331,646

163,39215,495,03815,331, 750

163,28815,495,03815,331,848

163,19015,495,03815,331,848

163,19015,495,03815,331,848

163,19015,495,03815,332,144

162,89415,495,03815,332,144

162,894

$1,878,699,4601,664,207,600214,491,860

1,953,573,6601,827, 511,370126,062,290

2,031,826,8801,919,643,440112,183,440

2,108,123,0601,998, 613,640

109, 509,4202,180,457,6602,062,530,045

117, 927,6152, 277,156,2002,134,883,895

142, 272,3052,383,521,0602,257,861,600125,659,460

2, 530,964,7402,399,196,590

131, 768,1502,685,116,7002,544,935,255140,181,445

2,839,923,8002,692,170,185147,753, 615

2, 986,182,6202,836,525,360149,657, 260

3,116,207,9202,982,116,315134,091,605

$2,895,206,2102,418,848,790476,357,420

3,068,708,6902,732,775,070335, 933,620

3,235, 914,2902,926,062,500309,851, 790

3,385,973,5203,086,402,180

299, 571,3403,499,038,4403,208,165,630290,872,810

3,652,918,8903,370,458,280282,460,6C0

3,863, 905,0003,558,475,410305,429,590

4,141, 546,9703,826,073,620315,473,350

4,395,016,9704,072,078,350

322, 938,6204,647,494,4604,323,779, 650

323, 714,8104,894,019,3904, 568, 745,090

325, 274,3005,114,836,5804,815,862,380298,974,200

$1,699,697,9201,402,446,080297,251,840

1,800,204, 9401,555, 221,880244,983,060

1,895,074,2201,657,346,840

237, 727,3801,980, 572, 2401,738,203,080242,369,160

2,046,661,7601,798,100, 720248, 561,040

2,134, 771, 8201,900,338, 700234,433,120

2,256, 235,5202.012,790,440'243,445,0802,415,643,6702,173,273,160242, 370, 510

2,561, 245,3502,312,253,700248, 991, 650

2,705, 631, 6302,456,824,520

248, 807,1102,847,074,7902, 599,117, 260247, 957, 530

2,975, 540, 2502,743,128, 860232,411,390

$268,555,450200,356,10068,199,350278,464,450247,251,80031,212,650287,566, 300257,870,00029,696,300

295,589,900265,712,20029,877, 700300,579, 200270,694,80029,884,400311,156,350280,299,9C030,856,450

321,370,450291,508,45029,862,000332,564, 950304,103, 20028,461, 750342,216,050315,487, 70026,728,350353,112,650325,072,85028,039,800362,802, 750335,219,0C027,583, 750370,484,550345,017,80025,466,750

$403,231,450337,694,30065,537,150411,536,200369,129,90042,406,300418,407,000381,368,90037,038,100424,100,400389,040,20035,060,200

427,777, 200393,559, 50034,217,700

435,249,100402,042,30033,206,800442,267,100411,724,40030,542, 700449,880,5C0421,019,30028,861, 200456,449,900429,753,20026,696, 700

463,738, 500436,442,50027,296,000470,320,400443,579,00026,741,400475,141,600450,454,10024,987, 500

$11,947,00011,860,500

86,50012,289,50012,201,000

88, 50012,289, 50012,201, 500

88,00012,289, 50012,201,500

88,00012,289, 50012,201, 500

88,00012,289, 50012,201,500

88,00012,289, 5C012,202,000

87, 50012,289, 50012,202,000

87, 50012,289, 50012,202,000

87,50012,289, 50012,202,000

87,50012,289, 50012,202,000

87, 50012,289, 50012,202,000

87,500

$7,379,0007,357,000

22,0007,454,0007,432,000

22,0007,454,0007,432,000

22,0007,454,0007,433,000

21,0007,454,0007,433,000

21,0007,4.54,0007,433,000

21,0007,454,0007,433,000

21,0007,454,0007,433,000

21,0007,454,0007,433,000

21,0007,454,0007,433,000

21,0007,454,0007,433,000

21,0007,454,0007,433,000

21,000

$7,203,381,2056,080,928,5441,122,452,6617,570,896,1556,789,681,880

781,214,2757,927,196,9057,200,084, 290

727,112,6158,252,767,3357,535, 765,051

717,002,2848,512,922,4757,790,844,446

722,078,0298,869,660, 5758,145,816, 836

723,843, 7399,325,707, 3458,590,154, 821

735,552, 5249,929,009,0459,181,460,551

747,548,49410,498,453,1859,732,302, 886

766,150,29911,068,309, 25510,292,084,386

776, 224,86911,618,808,16510,840, 981,084

777,827,08112,110, 919,11511,394,374,829

716,544,286

$818,227,830 ^

O

"364,"049,"7l6Ha

356,300,750 fcrj

"" o325,570,430 O

^»TJ

260,155,140 H._ W

o356,738,100 £- - £456,046,770 ^

— O

"663,"36I,"7OO ^_ H

M"569,"444,"l40 M

569,856,070 CjW-

..__ w550,498,910 W ;

IZI:O '

492,110, 950 Kj

N O T E 1. First issue Dec. 21,1863; first redemption, Apr. 5,1865.N O T E 2. Gold notes included since 1915.N O T E 3. Fractions and nonassorted notes not included.

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Page 230: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF TH3 CUBEBNCY 223

TABLE NO. 26.—National-bank currency issued to banks monthly from November1, 1924, to October 31, 1925, and since 1863

Issued on ac-count of re-demptions

Issued onbonds Total issued Grand total

issued

1924NovemberDecember

1925January . ,_..February ___March _AprilM a y . . . . . .June.JulyAugustSeptemberOctober __..

Total

$37, 392,97040, 607, 310

46, 762, 04034, 636,03038, 736, 24037,673, 20040, 991, 07040, 727, 21039, 548, 82037, 334, 42035,404, 73040,329, 450

470,1433 490

$1, 777,1501, 643, 000

1,419, 7001,491,2502, 473, 6702,094, 3802,165, 7401,908, 4102, 060, 2002, 310, 250971, 750

1,651,960

$39,170,12042, 250,310

48,181, 74036,127, 28041,209,91039, 767, 58043,156, 81042, 635, 62041, 609, 02039, 644, 67036,376, 48041,981, 410

$11, 657, 978, 28511, 700, 228, 595

11,748,410,33511, 784, 537,61511,825,747,52511,865,515,10511,908,671,91511,951,307,53511,992,916,55512, 032, 561, 22512, 068, 937, 70512,110, 919,115

21,967, 460 492,110, 950

TABLE NO. 27.—National-bank notes received monthly for redemption by theComptroller of the Currency during year ended October 31, 1925 l

Months

From nationalbanks in con-nection withreduction ofcirculation J

and replace-ment withnew notes

Received by the Comptroller of the Currency

From the redemption agency

For replace-ment withnew notes

Retirementaccount

Total

1924NovemberDecember _

1925JanuaryFebruary.- _MarchApril.. ,May..__June 1July . . . . .August. .SeptemberOctober

Total _ . . . .Received from June 20, 1874, to Oct. 31,

1924 _

Grand total

$2,2176,850

19,1507,3452,800

2603,9503,1003,9004,550

10, 55036,000

$36,809,53041,402,150

46, 621,47034,150, 465

• 39, 213, 85037,881, 09841,172, 44040, 681, 62540, 265, 70036, 209, 36335, 903, 99739, 734, 650

$2, 491, 4402, 943, 050

3, 747, 5707,952, 59510, 639, 8509, 671, 0909,836, 7708,154, 2908,149, 8106, 323, 4456,201, 0406,331,905

100, 637

58, 343, 363

470, 046, 338

), 053,144,320

82,442,855

1, 569,829,910

$39, 303,18744,352,050

50, 388,15542,110, 40549,856 50047, 552,44851,013,16048, 839, 01548, 419,41042, 537, 35842,115. 58746,102, 555

552, 589,830

10, 681, 317, 594

58, 444, 000 i, 523,190, 658 1, 652, 272, 765 11, 233, 907, 424

1 Notes of gold banks not included in this table.

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Page 231: Annual Report of the Comptroller of the Currency 1925

224 REPORT OF THE COMPTROLLER OE TEE CURRENCY

TABLE NO. 28.—National-bank notes received at currency bureau and destroyedyearly since the establishment of the system

Date

Prior to Nov. 1,1865During the year ended Oct. 31—

1860186718681869 . _18701871187218731874187518761877 - -18781879188018811882 __.18831884188518861887188818891890189118921893 .1894189518961897

Amount

$175,490

1,050,3823,401,4234,602, 8258,603, 729

14,305, 68924,344,04730.211,72036,433,17149, 939, 741

137,697, 69698,672, 71676,918,96357,381, 24941,101, 83035, 539, 66054,941,13074,917, 61182,913, 76693,178,41891,048,72359, 989, 81047, 726, 08359, 568, 52552, 207, 62744,447,46745,981, 96343,885, 31944,895,46662,835,39546, 997, 52753,613,81183,159,973

Date

During the year ended Oct. 31—1898189919001901190219031904. .190519061907190819091910..191119121913 - -19141915 .19161917191819191920192119221923 - .1924L1925:

Additional amount of insolventand liquidating national-banknotes destroyed

Gold notes .__

Total

Amount

$66, 683,46759, 988, 30371, 065, 96890,848,100

107, 222,495140,306, 990167,118,135195,194, 785191,102, 985197, 932,847231,128, 140348,159, 995359,496, 000409, 835, 965428, 399, 608426, 282, 840435,904,280362, 551,125351,717,477298,468,107238,184,520330,106, 555424, 542, 837570,887, 902537,153, 570542,194, 707522, 241, 817470,146, 975

1,662, 991, 0923, 390, 560

11, 394, 605, 995

In addition $46,115 destroyed in transi t .

TABLE NO. 29.—National-bank notes issued during each year from 1914 to 1925,inclusive, national-bank notes of active, insolvent, and liquidated banks destroyed,total destructions for each year, and percentage of destructions to issues

[For prior years, see annual report 1920]

Year endedOct. 31—

1914191519161917 __19181919192019211922192319241925 __

T A

$818, 227,830364, 049, 710356,300, 750325, 570,430260,155,140356, 738,100456, 046, 770603, 301, 700569, 444,140569, 856, 070550,498. 910492,110, 950

Active banks

$435, 904,280362, 551,125351, 374,597298, 468,107236,296,660330,106, 555424, 542, 837570,887, 902537,153, 570542,194, 707522, 241,817470, 950, 865

Destroyed

insolventand liqui-

dated banks

$20, 246,418342,807,352

59, 026,80438, 901, 59520, 238, 71724,864, 63519, 794, 54020, 417, 02513, 688, 63017, 586, 75026,654, 56882,442,855

Total

$456,150, 698705, 358, 657410,401,401337, 369, 702256, 535, 377354,971,190444, 337, 377591, 304, 927550, 842, 200559, 781, 457548, 896, 385553, 393, 720

Total out-standing

$1,121,468,911781, 268, 793726,069, 290716, 276,375721,471,137722,394,325732,549,629743, 288, 847760, 679,187772, 606, 269774, 281, 624713, 802, 744

Per centdestruc-

tionsactive

banks toissues

53.2799.5998.6291.6890.8392.53

r 93.0994.6294.3395. 1494.8695.70

Percentdestruc-tions toissues

55.75193. 75115.18103. 6298. 6199.5097. 4398.0196. 7398. 2399. 73

112. 45

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KEPQB.T OP THE COMPTROLLER OF THE CTJEEENCY 225

NO. 30.—Amount, denomination, and cost of national-bank currencyreceived from Bureau of Engraving and Printing, year ended October 31, 1925

D enoffiin at ions

5, 5, 5, 5. __ _10, 10, 10, 10H), 10, 10, 20L50, 50, 50, 100; . _.

Total

Amount

$131, 470, 74027? 002.000

328,301,75012,607,000

491, 441, 490

Cost of paper

$51,015.615, 249. 35

49, 707. 89391. 09

106, 363. 94

Cost ofprinting, etc.

$352, 034. 0236,056. 95

343, 281. 822, 703. 00

734,075. 79

Total cost

$403,049. 6341,306. 30

392, 989. 713,094. 09

840, 439. 73

TABLE NO. 31.—-Vomit account of currency received and issued by currency bureauduring the year and the amount on hand October 31, 1925

NationaRmnk currency in vaults at the close of business, Oct. 31,1924__.,__i.__.._ $231,680,020National-bank currency received from Bureau of Engraving and Printing during the year

ended Oct. 31,1925., _ ._._ 491,441,490

Total to be accounted for _ 723,121,510Amount issued to banks during year $492,110,950Amount withdrawn from vaults and canceled-_. 11,046,840

Total withdrawn 503,157,790

Amount in vaults at close of business, Oct. 31, 1925 219,963,720

TABLE NO. 32.—Vault account of currency received and destroyed during yearended October 31, 1925

Amount in vault of redemption division of currency bureau, awaiting destruction at close ofbusiness Oet, 31, 1924 ^ - -_. . . $3, 606, 550

Amount received during year ended Oct. 31, 1925 . 552,589,830

Total. -___- _._.-_ — . .- 556,196,380Withdrawn from vault and destroyed during the year... .„ _ ___..___ 553,393, 720

Balance in vaults Oct. 31, 1925 2,802,660

TABLE NO. 33.—Amount of currency received for redemption by months, duringthe year ended June 30, 1925, and counted into the cash of the National BankRedemption Agency

MonthsNational-bank

notesFederalreserve-

bank notesFederal reserve

notesUnitedStates

currencyTotal

1924JulyAugustSeptemberOctober.NovemberDecember

1925JanuaryFebruaryMarchApril --.May .June ._

Total

$47,819, 451.0043,122, 333. 5043, 593,159. 0044, 402, 216. 0037, 080, 555. 0043, 682,160. 00

53,173, 590. 0042,112,397.0048, 374; 911. 0049,568,576.5051,185, 532. 0050, 635.164. 00

554, 750, 045. 00 3,314,629.00

$402, 625.00391,829. 00347, 049. 00315, 089. 00243,066. 00315, 511. 00

216, 064. 00283, 419. 00219, 581. GO205, 044: 00204, 354. 00170, 998. 00

$1,824,840.001, 602, 477. 50886,090.00598, 550. 00

1,258,240.002, 064, 305. 00

1, 823,980. 001,249,130. 001, 533,910.001, 378, 870.001, 214, 055. 001, 294, 405. 00

$10, 816. 027, 493. 219, 675. 617, 556. 029,169; 342,979.96

10, 096. 8610, 915. 044,563. 2510, 782.1410, 209. 693, 924. 19

$50,057,732.0245,124,133. 2144,835,973. 6145, 323, 411. 0238, 591, 030. 3446, 064, 955. 96

55, 223,730.8643, 655, 861.0450,132,965. 2551,163, 272. 6452, 614,150. 6952,104, 491.19

16, 728, 852. 50 «, 181. 33 574,891, 707. 83

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Page 233: Annual Report of the Comptroller of the Currency 1925

226 REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 34.—Amount of currency received by National Bank RedemptionAgency for redemption during year ended June 80, 1925', from principal citiesand other sources.

Boston $43,185,300.00New York _ 101,834,400.00Philadelphia 47,396,753.50Cleveland 19, 740, 500. 00Richmond 27,928,460.00Atlanta . 14,159,255. 00Chicago. 62,721,217.50St. Louis 13,956, 900. 00Minneapolis .._ 11,678,550. 00

Kansas City ______ $13,183,500.00Dallas 13,497,885.00San Francisco 17,024,901.00Cincinnati 14,294,000. 00Baltimore 10,702,400.00New Orleans 6,575,970.00Other sources. __ 157,039,806.02

Total. 574,919,798. 02

NOTE.—The difference of $28,090.19 between the totals shown by this table and Table No. 33 representsthe net adjustments for overs, shorts, and supurious issues found in remittances received.

The total amount of currency of all issues received by the national bank redemption agency and countedinto cash from June 30,1874, to June 30, 1925, exclusive of deductions for shortages and spurious issues, is$15,940,080,927.09.

TABLE NO. 35.—Classification of national and Federal reserve currency redemp-tions , the amount of each class redeemed, the rate per $l,000t and the amountassessed on account of expenses, year ended June 80 3 1925

Classes

Federal reserve notes:Redeemed in regular course of business-

Fit for useUnfit for use -

Received from Federal reserve banks and branches-Canceled and uncanceled

Federal reserve bank notes:Redeemed on retirement account _

National bank notes:Redeemed out of 5 per cent f u n d -

Fit for use - --Unfit for use

Redeemed on retirement account.__

Total

Amount re-deemed

$851,800.0015,088,000.00

1,296,422,050.00

3, 420,137.00

1,538,000.00486, 212, 802. 5065, 558, 260. 00

1, 869, 091, 049. 50

Rate per$1,000

$0. 63672223. 44968451

. 10546505

1. 33362201

.84488296

. 85590463

. 64582571

. 32550903

Amount ofexpenses

$542. 366, 784.84

136,727. 22

4, 561.17

1, 299. 43416,151. 7942, 339. 21

608, 406. 02

NOTE.—The average cost per $1,000 for all notes redeemed through cash was $0.82. Average cost forredemption of national-bank notes, $0.83; Federal reserve bank notes, $1.33; and Federal reserve notes$0.46. Canceled Federal reserve notes amounting to $1,296,422,050 received direct from Federal reserysbanks and their branches were not counted into cash, and therefore were not taken into consideration inarriving at the average cost of redemption. The average rate per $1,000 for expense of redemption on t he .latter class was $0.11.

TABLE NO. 36.—Cost of redemption of Federal reserve and national currency foryear ended June 80, 1925

Charges for transportation, including postage, insurance, and express charges.. $143,992.03Other charges:

Office of Treasurer of the United S ta tes -Salaries $383,178.17Printing, binding, and stationery 5,998.77Contingent expenses 5,070.65

$394,247.59Office of Comptroller of the Currency—

Salaries.... 67,903.99Printing, binding, and stationery 1,772.03Contingent expenses 490.38

70,166.40464,413.99

Total 608,406.02

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Page 234: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY 227

TABLE NO. 37.—Taxes assessed on national-bank circulation, years ended JuneSO, 1864, to 1925; cost of redemption, 1874 to 1925; cost of plates and examiners1

fees, 1883 to 1925

Year

1864-1882.1874-1882.

1887.

1889_.1890_.1891..18921893..1894..1895..1896..1897..1898..1899..1900_.1901..1902..1903.1904.1905..1906.1907..1908..1909.1910.1911 .1912.1913..1914.

1915.

1916.1917.1918.1919.1920.1921..19221923..1924.1925.

Total

Semiannualduty on

circulation

$52, 253,518. 24

3,132, 006. 733,024, 668. 242, 794, 584. 012, 592, 021. 332,044, 922. 751,616, 127. 531,410,331.841,254, 839. 651,216,104. 721,331, 287. 261,443, 489. 691, 721,095.181, 704, 007. 691,851, 676.032,020,703.651,901,817.711,991,743.311,881, 922. 731, 599, 221. 081,633, 309.151, 708, 819. 921,928, 827. 492,163, 882. 052, 509, 997. 802,806, 070. 543,090, 811. 723,190, 543. 043, 463, 466. 683, 567,037. 213, 690, 313. 533,804, 762. 293,889, 733.17

r 1 3, 901, 541.18L 2,977,066.73

3, 744, 967. 773, 533, 631. 283, 656, 895. 343,627,060.803, 706, 901.153,806, 590.023, 941, 461.174,030, 336. 304,063, 708. 323, 661, 819. 45

170,885,643. 47

Cost ofredemptionof notes bythe United

StatesTreasurer

$1,971, 587.10147, 592. 27160, 896. 65181,857.16168,243. 35138, 967. 00141,141. 48131,190. 67107, 843. 3999, 366. 52100, 593. 70103,032.96107,445.14100,352. 79114,085.63125,061. 73125,924. 35121,291. 40122,984. 76146, 236.18153, 796. 33174,477.62219,093.13247, 973. 26250, 924. 24233,650. 52270,840. 21396, 743.15434,093.10443. 380.12505, 735. 21517,842. 93529,013. 36

\ 498, 328. 60450,150. 22420,160. 42412, 785. 92528,424. 24974, 058.11

1,115,146. 002 594,168. 70

514, 598. 55527,979. 90459, 790. 43

15, 288,848. 50

Assess-ment forcost ofplates,

newbanks

$25,98018,84513,15014,81018,85014,10012, 20024,17518, 57515, 70014, 2254,0504,9505,4503,0505,2758,200

29, 20085,97543,20054, 47545, 50047,82554,15076, 27548,45031,47555,12527,87522,74028,56011, 560

16, 66010, 0859,20016, 77015,60031,85031,07018, 24423,46418, 75622,133

1,097,802

Assess-ment

forcost ofplates,

ex-tendedbanks

$34,1201, 950

97, 80024, 8251,7503, 900

575725

7,2008,1005,2004,3756,8753, 7501,7001,7752,850

15,05013, 50014,42540,32512,60064, 80031, 45012, 97510,02510,80017, 50022, 37528,19019, 8058,500

13, 855

9,7006,000

11,12015,34028, 99082,16052, 7805,8503,556

759,141

Assess-ment

forcost ofplates,addi-tional

ordupli-cate

Assessmentfor examiners'fees and sala-ries (sec. 5240,U. S. R. S.)

$4,1306,9756,300

11,175

3,4206,4609,1007,590

20, 77012, 67017,22625, 26231, 388

162, 466

$94, 606. 1699, 642,05

107, 781. 73107,272. 83110,219.88121, 777. 86130, 725. 79136, 772. 71138, 969. 39161,983. 68162, 444. 59251,966. 79238, 252. 27237,803. 51222,858. 92225,445. 27244,903. 62259,164. 86277,816.07307,296. 63324, 598. 97346,895. 32388,307.39396, 766. 23425,157. 65429,397. 75510,928.07524,039. 03492, 269. 05526,169. 76556, 210. 22520, 607. 46

536,577,849,994,

1,050,1,184,1, 769,2,159,2,145,2,293,2,199,

299. 70762. 64815. 96626. 18977. 38026. 78394. 79509.99391. 85544. 54807. 46

Total

$52, 253, 518. 241, 971, 587. 103, 434,305.163,306,001.943,195,172. 902, 907,172. 512,314, 709. 631, 897,046. 871, 685,023. 301, 524,355. 751480,215.631^617,664.641, 728, 392. 242,088,932.112,054, 437. 752,212,765.172,373, 374. 302, 260, 237. 332,368, 988. 332,308, 322. 352,122, 748. 332,152,027.112,302, 696. 512, 552, 915. 942, 912, 787. 703,243, 288. 273, 554,128. 713,849, 524. 684,140, 489. 264,494,223. 814, 552,936. 384, 777,278. 504, 934,155. 444,965,713.997,954,926. 21

4, 796,085. 634,825, 267. 665,101,297. 445,24-4, 992.425,946, 596.046,817,030.816, 783, 389.866, 744, 902. 706, 938, 932. 766,343, 560. 34

24,840, 208. 78*7'213,034,109. 75

1 Tax collected on additional circulation under act May 30,1908.2 Average cost per $1,000 for national-bank notes redeemed in 1922, $0.95; in 1923, $0.95; in 1924,

and in 1925, $0.83.

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Page 235: Annual Report of the Comptroller of the Currency 1925

228 EEPOET OP THE COMPTTtOLLEK OF THE CTJEEE-KCY

TABLE N O . 38.—Federal reserve notes outstanding according to weekly statement(amount issued by Federal reserve agents to the banks, less "unfit" notes returnedfor redemption), amount secured by gold, and amount secured by commercial andother eligible paper, from November 5, 1924, to October 28, 1925

[In thousands of dollars]

DateFederalreserve

notes out-standing

$2, 252, 3672,255,5322,254,4252,248,2132,. 262, 8962r 200,892% 216,7292,253,2342,244,961

2,202,0022,144,7122,099,9622,073,1682,055,9672,055,6382,057,7312,052,6732,050,3192,040,5082,031, 8382,018, 2232,019, 9632, 020,1732,025,3612,017,1752,000,6852,000,0091,986,0761,985,0111,973,0931,963,6381,969, 8081,955, 3081,941,5111,935, 1111,927,1021,932, 0801,921,942I, &Wf 6481,913,2431,909,1131,966,9411,915, 6061,925, 5891,95&, 5431,975,6281,987,1591,980, 2941,994,9422, 010, 7472,012, 5032,007,072

Amountssecured by

gold

$.1,989,2131,970,0111,933,9811,926,2151,905,7301,836,2881,822,4241,747,2181,702,306

1,729,2671,744,2501,744,7221,730,679

•:

1,726,231t, 712,416t,701,9391,603,443t, 597,655L, 612, 227L, 623, 983L, 600,051L, 588, 385L, 518,503t, 554,000L, 563,377t, 547,1981,564,821[, 581, 014L 531,2161,521,2371,504,6941,516,6271, 500,3331,473,1171,459,1271,461,0281,472,2411,45(18021,447>581,436,4801,447, 7401,437,9851,444,4441,441,9931,451,1751,489, 568i, 405,6941,381,9411,365, 3411,372,9431,3W, 1781,377,127

Amountssecured bycommercialand other

paper

$263,154285, 521320,444321,998357,166364,604394,305506, 016542,655

472,735400,462355,240342,489329,736343,228355, 792449,230452,604428, 281407, 855418,172431, 578506', 670471,361453,798453,487435,188405,062453, 795451, 856458,944453,181454, 9-75468,394475,984466,074459, 839465,140468, 690476, 763461, 373468,956471,162483,5%502, 368486, 060581,465598,353629,601637, 804613,325629,945

1924Nov. 5

12 _ _1926

Dec. 3 — —10172431

1925Jan. 7 * _

14 - - .2128-_

Feb . 4111825

M a r . 4 . . . . .111825.

Apr. !_„.._„.„.._....._....„.

152229 . ,_.

M a y 6132027

June 3 .101724 - . . .

July 1--- - -6-

15.22._2<L --.

A u % 5 : : : : : : : : : : : : : : : : : : : : : : : : : : :1926

Sept. 2__-9

^•15 m*.23 !^n30

Oct. 7 -.1421__ .28

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Page 236: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 39.—Federal reserve notes printed, shipped, and canceled, issued to banks, retired, and destroyed since organization of the banks,with the balance in vaults and amount outstanding October 31, 1925

VAULT BALANCE OCTOBER 31, 1925

Total printed

Total shipped and canceled

Total on hand... _ _

Fives

$4, 099, 500, 0003, 793,460, 000

306,040, 000

Tens

$4, 784, 720,0004,424,160,000

360,560,000

Twenties

$5,177,440,0004,768,480,000

408,960,000

Fifties

$1,099,400,000998, 000, 000

101,400,000

Onehundreds

$786,400, 000700,400, 000

86,000,000

Fivehundreds

$161, COG, 000107,800,000

53, 200,000

Onethousands

$325,600,000234,800,000

90,800,000

Fivethousands

$108,000,00076,000,000

32, 000, 000

.Tenthousands

$184,000,000184, 000,000

Total

$16,726,060, 00015, 287,100, 000

1,438,960, 000 Ofcrj

ISSUED, RETIRED, AND OUTSTANDING OCTOBER 31, 1925

Total issuedTotal retired

Total outstanding.

$4,116, 520, 5003,633,782, 000

482,738, 500

$4, 819,335, 5404,394, 701,800

424, 633,740

$5,299,838,0404,707,921, 500

591,916, 540

$1,066,109,550891,291,800

174,817,750

$787,974,800599,887, 500

188, 087,300

$108, 205, 50075,189,500

33,016, 000

$294,445,000206,035,000.

88,410,000

$40,010, 00033, 565,000

6,445,000

$62, 6$0, 000 | $16, 595,118, 93048,430, 000 I 14, 590, 804,100

14,250,000 2,004,314,830

©

oMUTILATED FEDERAL RESERVE NOTES, BY DENOMINATIONS, RECEIVED AND DESTROYED iIN VAULT OCTOBER 31, 1925

5INCE ORGANIZATION OF BANKS AND ON HAND

BostonNew York. _Philadelphia _._ClevelandRichmondAtlanta __Chicago _.St. LouisMinneapolis.--Kansas CityDallas . .San Francisco

Total received __ _ .Total destroyed.

Balance on hand

$262, 511,885856, 926, 725295, 706,195195, 989, 905160, 267, 550155, 802, 680460, 449, 960153,403, 26592, 867,175

137, 083, 49082,998,115

281, 614, 355

3,135, 621, 3003,133, 899, 050

1,722, 250

$470,314, 6001,152,895. 670

360,409, 540244,988, 780182,220,450156,839, 270550, 553, 610160, 272,89087,889,360

102,864,18:082,333, 020

239,825, 290

3, 791,406, 6603, 789,924,910

1,481, 750

$355,155,140795,391, 080430,428,040476,222, 540227,076, 300.181,888, 820633,532, 500160,077,04069,704, 220

115,622, 74083,646,080

403,757,180

3,932,501, 6603,930,610,660

1,891, 000

$32,397, 200158,802,400107,332,400173,046,10052,357, 30.Q15, 802,150

122,970,10018,806, 7503,161, 7506, 577, 6506,480,400

36,209,150

733,943, 350733,463,350

$36,465,900167,776, 20037,639,6003i , 751,10025,861, 50012, 579, 50040,779, GOO

9,039, 4004, 271,4007, 829, 7005, 598,400

50,404, 500

429, 996,200429, 603, 700

480,000 j 392,500

$2, 532, 50028, 934, 000

1, 245, 0002,442, 500

257, 000872, 500

4,663, 500858,500323, 500685, 000317, 000

2,711, 500

45, 842,50045,801,000

41, 500

$10, 292, 00064, 073, 000

5, 218, 0002, 698, 0004,627, 0002,315, 0006,005, 0001, 760, 000

660, 000739, 000652 000

5,045,000

104,084,000104,037,000

47,000

$240,000365,000

40,00010, 000

so, bob10,000

100, 000

845, 000845, 000

$340, 0001,870,000

140, 66630,000

230,000

90,000

2, 700, 0002, 700, 000

$1,170, 249, 2253, 227,034,0751, 237, 978, 7751,127, 318, 925

652, 707.100526, 099', 920

1, 819, 033. 670504,457, 845258, 877,405371, 401, 760262, 024, 695

\, 019, 756,' 975

12,176,940, 67012,170, 884, 670

6, 056, 000

NOTE.—During the year burned, badly mutilated, and fractional parts of Federal reserve notes amounting to $25,694.00 have been identified, valued, and to the bank of issuedetermined.

NOTE.—Total new notes canceled and destroyed, $168,000,000.

odwfed

Ol

CO

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Page 237: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 40.—Aggregate amount of Federal reserve bank notes printed, issued, canceled, and redeemed, by denominations, since the inaugura-tion of the Federal reserve systein, and amount on hand and outstanding October SI, 1925

VAULT BALANCE OCTOBER 31, 1925

Total printed -Total issued and canceled ...

Total on hand . _ __ _

Ones

$478,892,000478, 892,000

Twos

$136, 232,000136, 232,000

Fives

$132, 500, 000121, 460,000

11,040,000

Tens

$24, 040, 00016, 440, 000

7, 600, 000

Twenties

$14,080,0009, 760,000

4, 320, 000

Fifties

$2, 600,000200,000

2, 400, 000

Total

$788, 344,000762, 984,000

25, 360, 000

ISSUED, REDEEMED, AND OUTSTANDING OCTOBER 31, 1925

Total issuedTotal redeemed _

Total outstanding

$478,892, 000475, 578, 000

3, 314, 000

$135,192, 000133,884, 000

1, 308, 000

$121, 460,000120, 388,000

1, 072,000

$16, 440, 00016, 098, 000

342,000

$9, 760, 0009, 245, 000

515,000

$200,000169, 000

31,000

$761,944,000755, 362,000

6, 582,000

TABLE NO. 41.—Taxes assessed on Federal reserve bank currency, cost of redemption, and cost of plates for years ended June 30, 1915 to 1925

Year

1915 _ . _ _1916--1917 „ . __ _1918 _ _1919 _ _1920 - --1921 ._ . _.1922 - . . .192319241925 .

Total

Semiannualtaxes on cir-

culation

$2, 325. 183, 590. 86

38, 750. 70463,195. 96

1, 023, 344. 76947, 405. 00445, 944. 01113,837. 32

2, 890. 88

3, 041, 284. 67

Cost of re-demption ofnotes by the

United StatesTreasurer

$947.932, 353. 41

34, 419. 62263, 616. 78243, 517. 97145, 890. 5353,011. 0811, 310. 864, 561. 17

759, 629. 35

Assessment forcost of original

plates

$1,800.002,200.00

23,810.00390. 00

28, 200. 00

Assessment forcost of addi-

tional or dupli-cate plates

$540. 00720.00180.00

138,530. 0088, 270. 00

136, 570. 002,140. 00

366, 950. 00

Total

$1,800.005,065.185, 258. 79

41, 284.11659, 955. 58

1, 375, 621. 541, 327, 492.97

593, 974. 54166, 848. 40

14, 201. 744,561.17

4,196,064.02

toCO

o

o%

oo

§HBfeJad

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Page 238: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 42.—National banks in charge of receivers, year ended October 31, 1925, capital at date of organization and at date of failure,causes of failure, dividends paid while solvent, circulation outstanding at date of failure, lawful money deposited with Treasurer of theUnited States to redeem emulation, and total deposits at date of suspension

Name and location of banks

Farmers and Drovers National Bank, Waynes-burg, Pa

First National Bank, Billings, MontMount Vernon National Bank, Mount Vernon,

N. YSecond National Bank, Clarion, PaTraders National Bank, Lowell, MassMesa County National Bank, Grand Junction,

ColoFirst National Bank, Pensacola, FlaFirst National Bank, Sutton, W. VaFirst National Bank, Uniontown, PaFirst National Bank, St. Cloud, FlaFirst National Bank, Bluffton, OhioFirst National Bank, Newman, Calif :____.First National Bank, Eureka. S. DakFirst National Bank, Fairneld, IdahoFirst National Bank, Medina, N. DakFirst National Bank, Towner, N. DakFirst National Bank, Hearne, TexFarmers National Bank, Cooper, TexFirst National Bank, Gridley, Calif--First National Bank, Cut Bank, MontCommonwealth National Bank, Reedville, Va._.Picher National Bank of Picher, OklaFirst National Bank of Ranger, TexEmmetsburg National Bank of Emmetsburg,

Iowa :___:___.First National Bank, Beaver, Pa ...Corn Belt National Bank of Scotland, S. DakFirst National Bank of Ambia, IndFirst National- Bank of Desdemona, TexFirst National Bank of Sipe Springs, Tex.......First National Bank, Marcus, IowaFirst National Bank, Sidney, NebrFirst National Bank of Bridgeport, NebrBannock National Bank of Pocatello, Idaho

Organization

Char-terNo.

3097

851630444753

776624906213

270970756269760

11527101621058179554976

10626111649574

10827116248072

80353850

110319510

11452115259819620197116347

Date

Feb. 25,1865Dec. 27,1883

Dec. 11,1906Sept. 12,1883June 10,1892

MayAug.Apr.Feb.Mar.Nov.MayNov.Mar.Apr.Sept.JulySept.Mar.Oct.Jan.Feb.Jan.

Dec.Feb.MayJulySept.Nov.JuneMar.Feb.July

31,190510,188017,190220,186424,191019,190025,191028,191930,191224,191429.19055,189424,191414,19185,19096,19163,192026.1906

23,190510,188828,191730.19092, 19196,191922.191012,190223,191015,1902

Capital

$150,00075,000

200,00050,000

200,000

100,00050, 00035,00060,00050.00025,00050,00050,00025, 00025,00025,00050,00050, 00040, 00025, 00025, 000100, 00025. 000

50, 00050,00025,00025,00025,00025, 000100, 00025, 00025,00050,000

Total divi-dends paid

during exist-ence as anationalbanking

association

$597,750.00321,350.00

16,000. 0092, 000. 00

245, 000.00,

86,000. 001,036, 343.00

31, 500. 001, 308,000.00

29, 500. 0048, 500. 0025, 500. 00

7, 500. 0026, 500. 0020, 750. 0020, 500. 00

178, 000. 00

24, 250. 006, 000. 00

50, 250. 00

77,000. 00192,750. 00

1, 750. 0011,250. 00

56, 500. 0040,125.0021, 500. 0049,000. 00

Failures

Capital

$200,000150,000

200,00050, 000

200, 000

100,000500, 000

50,000100,000

50, 00050, 00050, 00050,00025,00025, 00025, 00050, 00050, 00040, 00050, 00025. 000

100, 000200,000

50,00050,00025,00025,00025, 00025, 00050,00050,00025,000

100,000

Receiverappointed

Dec. 12,1906July 2,1910

Apr. 19,1911June 21,1912Oct. 20,1913

Nov. 29,1913Jan. 22,1914Aug. 29,1914Jan. 19,1915Jan. 2,1918Nov. 17,1919Jan. 31,1920Aug. 20,1920Aug. 26,1920Dec. 20,1920Dec. 28,1920Jan. 21,1921Jan. 28,1921Jan. 29,1921

do.Feb. 16,1921Feb. 21,1921Mar. 2,1921

Mar.Mar.Mar.Apr.Apr.Apr.MayMay

d

11,192126,192128,19215,19217,1921

18,192118,192127,1921

June 11,1921

Causeof

failure

AAB

AA

AB

AAAAAAAAAAACCBAABC

BAAAAABBAA

Lawfulmoney

deposited

$100,00037,500

200,00049, 000

190,197

100,000489, 900

50, 000100, 000

17,10046,70012, 500

5,850

10, 90021, 50036, 0005,80023,700

22, 400

22,00047,900

23, 200

Circulationoutstandingat date of

failure

$100,000.0037, 500.00

200,000.0049,000.00

190,197.00

100,000.00489,900. 00

50,000. 00100,000. 00

17,100. 0046, 700. 0012, 500.00

5,850.00

24,995.0010, 900.0021, 500.0036,000. 005,800. 00

23,700. 00

22,400.00

22,000. 0047,900.00

24, 600.00

25, 000.0023, 200. 0021,100. 0012,100. 00

Totaldeposits atdate of sus-

pension

$1,047,580.001,908,841.00

482,843. 00376, 639. 00

2,978,922. 00

444, 609. 001, 673, 245. 00

364, 021. 001,452, 581. 00

380, 776. 00597, 357. 00943, 689. 00823, 254. 00353, 781. 00170, 529. 00247,015. 00128, 566. 00541, 562. 00210,855. 00245, 675. 00210, 663. 00208,053. 00

1, 283, 599. 00

424,812. 00671,077. 00264,775.0024, 796. 00

112,917. 0095, 627. 00

144, 284.00265, 763. 00112,121. 00842, 093. 00

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Page 239: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 42.—National banks in charge of receivers, year ended October 81, 1925, capital at date of organization and at date of failure,causes of failure, dividends paid while solvent, circulation outstanding at date of failure, lawful money deposited with Treasurer of theUnited States to redeem circulation, and total deposits at date of suspension—Continued

oo

Name and location of banks

Organization

Char-terNo.

Date Capital

Total divi-dends paid

during exist-ence as anationalbanking

association

Failures

Capital Receiverappointed

Causeof

failure

Lawfulmoney

deposited

Circulationoutstandingat date of

failure

Totaldeposits atdate of sus-

pension

o

H3

o

io

H

wod

First National Bank, Crawford, TexFirst National Bank, Moran, TexThe Havre National Bank of Havre, MontFirst National Bank of Joplin, Mont _.National Bank of Cleburne, TexPeoples National Bank, National City, CalifUnited States National Bank, Vale, OregFirst National Bank, Vale, Oreg ._First National Bank, Burley, Idaho.-. _Edwards National Bank, Booker, TexFarmers National Bank, Big Sandy, MontFirst National Bank, Wendell, IdahoStockmen's National Bank, Poplar, MontStill water National Bank, Absarokee, MontFirst National Bank, Seeley, CalifNational City Bank, Salt Lake City, UtahSecond National Bank, Elkton, MdFirst National Bank, Myton, UtahState National Bank, Ardmore, Okla _.Corydon National Bank, Corydon, IndFirst National Bank, Oak Grove, La _._Farwell National Bank, Farwell, TexFirst National Bank, Spencer, NebrFirst National Bank, Ingomar, M!ontAmerican National Bank, Billings, MontFirst National Bank, Fresno, MontMerchants National Bank, Wimbledon, N. Dak.First National Bank, Hope, N. MexFirst National Bank, Mountainair, N. MexFirst National Bank, Lawton, OklaFirst National Bank Colusa, CalifCommerical National Bank, Great Falls, Mont-Sterling National Bank, Sterling, ColoPayette National Bank, Payette, IdahoFirst National Bank, Highwood, MontCitizens National Bank, Laurel, Mont j

10400108749782109294035951294968528103411140811063949111027110661046210308416211702103947760116501200573251146511696110968717944111329.59141007210530119728075111318716

May 19,1913June 5,1916May 18,1910Nov. 11,1916May 6,1889June 21,1909July 8,1909Jan. 14,1907Feb. 20,1913May 4,1918July 25,1917June 30,1909Feb. 17,1917Aug. 11,1917Sept. 5,1913Nov. 19,1912Aug. 12,1889Apr. 10,1920May 6,1913May 23.1905Mar. 2,1920Aug. 5,1921June 18,1904Aug. 16,1919Apr. 5,1920Oct. 3,1917Sept. 17,1907May 3,1909Apr. 3,1919July 18,1901July 1,1911Apr. 20,1914May 2,1921Jan. 9,1906Dec. 29,1917May 3,1907

$30,00025,00050,00025.00075,00025,00075,00025,00030,00025,00050,00025,00025,00025,00025,000

250,00050,00025,000

100,000125,00050,00025,00025,00025,000

150,00025,00030.00025; 00030,00025,00075,000

200,000150,00050,00025,00035,000

$5,400.006,250.0030,500.00

429,375.006,500. 0052,500. 0020,000. 0012,450.00

7,000.00

14,000.006,000.00*

122,500. 0078,000.00

70,000.00216,250.00

280,750.002, 500. 00

15,000.0025,000.004, 500. 00

185y 250. 0034,500.00106,000.00

76* 750.007,500.007,700.00

$30,00025,00050,00025,000150,00025,00075,00060,00030,00025,00025,00025,00025,00025,00025,000250,00050,00025,000200,000125,00050,00025,000100,00025,000150,00025,00025,00025,00030,000200, 000150, 000200,000•150,00075,00025,00035,000

July 16,1921Aug. 29,1921Sept. i6,1921

doOct. 27,1921Nov. 7,1921Nov. 15,1921

.do.Nov. 30,1921Dec. 12,1921Jan. 3,1922Jan. 5,1922Jan. 28,1922Jan. 30,1922

.do.Feb.Feb.Feb.Mar.Mar.MayJuneJulyAug.Sept.Oct.Oct.Oct.Nov.Nov.Nov.pec.Dec.Dec.Dec.Jan.

3,192218,192224,19224,19228,192213,192226,192214,192214,192223,192226,192227,192230,19222,192218,19222% 19229.192211,192213,192229,19224.1923

ABBBNAABBBBBBAABBCAABCAABAACBBABABBAAAC

$243,300

99, 995125, 000

147, 500

$7,500.00

49,600.00

75,000.0025,000.0068, 750.0011,900.00

24,300.00

6, 250.00243,300.00

2, 500. 0099,995.00125,000. 00

99,995.00

14,500. 0010,000.0017,750.00

147, 500. 0025,000.00200,000.00

75, 000. 0025,000. 0035,000.00

$37,367.0073,916.00366,887.0028,214.00

2,787,817.00346, 714.00279,326.00122,449. 00503,626. 0052,387.0030,033. 0091,984.0039,430. 00170,037.0036, 307.00

1,383,447.00282,995.0035, 888. 00975, 659.00984,671.0032? 062.0047,916.00550,133.00174,230. 00499, 259. 0027,357. 0060,490.0082,308.00205,020.00906,443.00306,802. 001,067,638475,881201, 514139, 808215,807

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Page 240: Annual Report of the Comptroller of the Currency 1925

First National Bank, Magdalena, N. MexFirst National Bank, Broadview, MontCommercial National Bank, Wilmington, N. C_.First National Bank, Winner, S. DakFirst National Bank, Wessington Springs, S

Dak -First National Bank, Rupert, IdahoFirst National Bank, Warren, MassFirst National Bank, Harlowton, MontFirst National Bank, American Falls, IdahoFirst National Bank, Clifton, ArizSpringfield National Bank, Springfield, Ohio...First National Bank, Roundup, MontFirst National Bank, Gregory, S. Dak__.First National Bank, Bottineau, N. DakLlano National Bank, Llano, Tex _._Farmers and Merchants National Bank, Jeffer-

son, IowaCity National Bank, Jerome, IdahoFirst National Bank, Nampa, IdahoFirst National Bank, Rock River* WyoFirst National Bank, Highland, WisFirst National Bank, Joseph, OregPeoples National Bank, Salisbury, N. CFirst National Bank, Big Sandy, MontFirst National Bank, Willow City, N. DakFirst National Bank, Granfield, OklaFirst National Bank, Sapulpa, OklaFirst National Bank, Chester, MontFirst National Bank, Henryetta, OklaFirst National Bank, Carroll, NebrFirst National Bank, Colquitt, GaFirst National Bank, Shelby, MontFairfield National Bank, Fairfield, IowaHoward National Bank, Howard, S. DakRoundup National Bank, Roundup, MontFirst National Bank, Oswego, MontFirst National Bank, Lovington, N. MexFirst National Bank, Wells, MinnFirst National Bank, Mitchell, S. DakCavalier County National Bank, Langdon, N

DakAmerican National Bank, Three Forks, Mont..Lehigh National Bank, Lehigh, Okla__City National Bank, Coalgate, Okla..First National Bank, Grey Eagle, MinnFirst National Bank, Fairview, MontFirst National Bank, Carter, MontFirst National Bank, Hemingford, NebrUnion National Bank, Bel ait, KansTexas County National Bank, Guymon, Okla..

10268108091217611119

6446104291156792708869582126209165860060855853

10123115788370113421088080489076110046766100065951111056867595764981095389861078010675111341102946692645

9075109965755116768729120151099510242670112179

25,190220,191314,191927,19081,1907

14,190117,188222,190822,190717,19015,1901

25,00025,00050,00050,00025,00030,000

100,00025,00025,00025,00025,000

Aug. 27,1912Nov. 26,1915Apr. 17,1922Dec. 15,1917

Sept. '<JulyNov. ]Oct.Aug.May :Jan.May :Feb.Dec.June

Dec.Dec.Sept.Apr.JuneDec.Mar.MayApr.Apr.Aug.Nov.JuneAug.Oct.Dec.Dec.Aug.Oct.Jan.MayDec.Feb.

Jan.

28,191122,191915.190624,191914.191611,190510,19089.191718,190324,191119,190115.191729,190321,19013,190214.191624.190713,191526.19148.1918

28.191712,18918,1882

28,1908Apr. 30,1917Feb. 14,1901Mar. 10,1920May 28,1907Aug. 26,1921Apr. 25,1917July 27,1912Mar. 24,1903Mar. 24,1922

50,00025, 000

200,00030,000

40,00030,00025,00025,00025,00025,000100,00025,00025,00025,00025,00025,00025,00025,00025,00025,00060,00025, 00025,00025,00030,00050,00050,000

25, 00040,00025,00050, 00025, 00040, 00025,00025, 00025,00025,000

17, 500. 0011,500.00

9,000.00

75,250. 0020,000. 002,000. 00

18, 500. 0048,250.00

157,750. 00161, 500. 0034,750. 0089,490.0066,000.00

105,000. 00

29,600. 00

126, 563. 00

32,000. 00136,000. 0010,000.0044,750. 0045,000. 00

177,550.00

75,555.5573,750.0073,427. 00

2, 505. 004,500. 00

9, 000. 00213, 750. 00167, 500. 00

52,000. 004,000. 00

99,250. 00

38,65Q. 00

18,300. 00149,875. 00

5,000.00

50,00025, 000200 0G030,000

50, 00025,00050, 00050,00050,000

100,000100,000

50, 00050,00050,00050,000

40,00030,000

200,00050,00025,00025,000

100, 00025,00025,00050, 000

100, 00025, 00050,00050, 00050,00025,00060,00025, 00025,00025,00030, 000

100, 000100,000

25, 00025, 00035, 00050,00025,00040, 00025,00025, 00050,00025, 000

Jan. 18,1923Jan. 30,1923Jan. 31,1923

.do

Feb. 5 1923Feb. 7,1923Feb. 23,1923Mar. 7,1923Mar. 26,1923Apr. 2,1923Apr. 5,1923

. _.doApr. 12,1923

do ..do _._

Apr. 27,1923May 24,1923June 1,1923June 14,1923

dodo

July 3,1923July 7,1923July 12,1923July 21,1923July 30,1923

doJuly 31,1923Aug. 13,1923Aug. 14,1923Aug. 27,1923Aug. 30,1923Sept. 1,1923Sept. 6,1923Oct. 5,1923Oct. 8,1923Oct. 22,1923Oct. 23,1923

Oct. 29,1923do

Nov. 8,1923.do _do.do

Nov. 9,1923Nov. 10,1923Nov. 13,1923

B

A BA

ABAABBAACB

A BA

CABAAAcA

ABBC

ABBCCCA

ABABCBA

AB

cACBAAAAAA

94, 750

50, 000. 00

100 000 0020, 000. 00

50, 000. 0025, 000. 00

12,100. 0025, 000. 0046,400. 0094, 750. 0021,400. 0025, 000. 0035,800. 00

4, 700. 00

40,000.00

105, 500. 0013,700.00

24, 300. 0094,700. 00

24,300. 005, 650. 00

45,800. 0024, 500. 0024,600. 0025,000. 009, 700. 00

97,000. 0099,000. 00

23, 200. 00

12, 250.00

6, 2O5. 0025,000. 00

5, 950. 0049,300. 00

344, 24474, 657

1,991, 806186,104

336, 320140,968292, 995334,115265, 380260, 527

1, 772, 465487, 252176, 708333,101271, 311

99, 55367, 061

S75, 788158, 53977, 396141, 638893, 61337, 800150, 665182,035038, 227104, 352967,732883, 57327, 312227, 849332, 323143, 305211, 204

46, 982126, 305745, 030562, 553

353, 64563. 477

159, 610158, 72090, 443

146, 21333, 989

203, 317545, 591173, 519

fed

W

8

b

HWfed

fed

o

bOCOCO

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Page 241: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 42.—National banks in charge of receivers, year ended October SI, 1925, capital at date of organization and at date of failure,causes of failure, dividends paid while solvent, circulation outstanding at date-of failure, lawful money deposited with Treasurer of theUnited States to redeem circulation, and total deposits at date of suspension—Continued.

CO

r2122232425?fi272829313?33S4S53637383940411°43441*14617484951525354555657

Name and location of banks

Tucson National Bank, Tucson, ArizNational Bank of Barnesville, OhioCitizens National Bank, Roswell, N. MexFirst National Bank, Lancaster, MinnFirst National Bank, Tolley, N. DakCitizens National Bank, Crosby, N. DakFirst National Bank, Turtle Lake, N. DakFirst National Bank, Soper, OklaFirst National Bank, Springfield, S. DakFarmers National Bank, Tishomingo, OklaFirst National Bank, Seale, AlaFirst National Bank, Manville, WyoFirst National Bank, Woodworth, N. DakFirst National Bank, Lenapah, Okla _First National Bank, Poplar, MontFirst National Bank, Lansford, N. DakFirst National Bank, Forsyth, MontCondon National Bank, Condon, OregFirst National Bank, Moore, MontMiners National Bank, Henryetta, OklaFirst National Bank, Schulter, Okla...Merchants National Bank, Mandan, N. Dak.__First National Bank, Webster, S. DakFirst National Bank, Dodson, MontSioux Falls National Bank, Sioux Falls, S. Dak._.First National Bank, Sentinel Butte, N. Dak._.First National Bank, Beach, N. DakFirst National Bank, Bisbee, N. DakNational Bank of Carlsbad, N. MexDakota National Bank, Dickinson, N. DakFirst National Bank, Lusk, Wyo _ _First National Bank, St. John, Wash "—First National Bank, Warroad, MinnFirst National Bank, Brookings, S. DakFirst National Bank, Bonan, Mont

Organization

Char-terNo.

1115966216777

113567810

105198821

103668942

1043110654113521135311436108858187732082618539

1034910967106046502

110862823

107069484673368847663

11390111721181530879864

Date

Feb. 21,1918Jan. 29,1903Apr. 20,1903M a y 14,1919M a y 17,1905Apr. 14,1914June 8,1907Apr. 15,1913Oct. 2,1907July 23,1913Sept. 28,1914M a y 1,1919Apr. 26,1919Aug. 18,1919July 28,1916Mar . 16,1906June 10,1904Mar . 24,1906Jan. 7,1907Feb. 20,1913Mar . 5,1917Aug. 24,1914Nov. 19,1902Aug. 23,1917Nov. 14,1882Feb. 10,1915M a y 26,1909Apr. 1,1903 ,Ju ly 8,1903Mar . 4,1905June 23,1919Mar . 11,1918Aug. 4,1920Nov. 15,1883Aug. 31,1910

Capital

$100,000100,00050,00025, 00025,00025, 00025,00030,00025, 00030,00060,00025,00025,00025,00025,00025,00050,00050,00050, 00025, 000

: 25,00050, 00025, 00025, 00050, 00025, 00025, 00025,00030,00050,00050, 00040,00025, 00050, 00025,000

Total divi-dends paid

during exist-ence as anationalbanking

association

$133,000. 00373,500. 00

5, 000. 0066, 250. 0027, 500. 0030,125. 0022,950. 0022,105. 0014, 750. 0028,800. 00

1, 250. 003, 750. 001, 500. 00

63,000.00136, 500.00

12, 500. 0022, 750. 0042, 250.0012, 500. 005, 000. 00

32, 500. 00

' 240,500.0010, 000. 0052, 500. 0057,750.00

142,900.0068,000.00

16, 000.00

270, 500. 0022, 250.00

Failures

Capital

$100,000100,000200,000

25,00025,00025,00025,00030,00025,00025,00025,00025,00025,00025,00025,00025,00075,00050,00025,00050,00025,00050,00025,00025,000

150,00025, 00050,00025, 000

100,00050,00050, 00040,00025, 000

100,00025,000

Receiver .appointed

Nov. 14,1923do

Nov. 16,1923Nov. 19,1923Nov. 21,1923

dodo

Nov. 22,1923Nov. 28,1923Dec. 6,1923Dec. 10,1923Dec. 11,1923

doDec. 14,1923Dec. 17,1923

do. . .Dec. 18,1923

do_Dec. 20,1923Dec. 21,1923

doDec. 26,1923Jan. 2,1924Jan. 21,1924Jan. 24,1924

do____.doJan. 28,1924Feb. 6,1924Feb. 7,1924. __do

do._ . . . .Feb. 9,1924

. . . . . dodo

Causeof

failure

BAB

BCBBCBCCBCBBBBABBBAABBCBBBBCBCABB

Lawfulmoney

deposited

Circulationoutstanding

at date offailure

$67,300. 00100,000. 00188, 200. 0024, 700. 006, 250. 00

9, 700. 00

17, 750. 0024,400. 00

25, 000. 00

6, 500. 0033, 700. 0011,800. 0024, 500. 0025, 000. 00

25,000.0024, 700.00

74, 250. 00

25?000, 0023,300.0011, 800. 0047,100. 00

, 48,500.00

; 99,200.005,950. 00

Totaldeposits atdate of sus-

pension

$588, 287877,090497,195179, 61887,434

146, 380134, 96198, 891

150, 326132, 27739,63464,46347, 88177, 797

106,628124; 405

352,127. 00121,155. 00144,127. 00434,161. 00

51,164. 00315, 054. 00224, 512.0072,899.00

1, 514, 456.00102,160.00389,152.00216,114.00446, 659.00176,986. 0082, 343.0098,542.00

159, 329.00623,164.00102, 643.00

oo

B3

HW

od

Q

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Page 242: Annual Report of the Comptroller of the Currency 1925

First National Bank, Harrison, NebrFirst National Bank? Clarkston, WashFirst National Bank, Carthage, S. DakFirst National Bank, Onida, S. Dak_Commercial National Bank, Miles City, Mont.Nowata National Bank, Nowata, OklaFirst National Bank, Castlewood, S. DakFirst National Bank, Clovis, N. MexFirst National Bank, Charlo, MontFirst National Bank, Sidney, MontStockmens National Bank, Fort Benton, Mont-First National Bank, Fort Simmer, N. MexWells National Bank, Wells, MinnFirst National Bank, Gering, NebrWestern National Bank, Mitchell, S. Dak.First National Bank, Coalgate, Okla.__ ___First National Bank, Mclntosh, S. DakFirst National Bank, Clayton, N. MexFirst National Bank in Deming, N. MexFirst National Bank, St. Anthony, Idaho _First National Bank, Huron, S. DakFarmers & Merchants National Bank, Fairbury,

Nebr - -First National Bank, Golva, N. Dak... __.First National Bank, Lingle, Wyo.Torrington National Bank, Torrington, Wyo.._.Citizens National Bank, Jamestown, N. Dak.__.First National Bank, Poison, MontFarmers National Bank, Parsons, KansMerchants National Bank, Crookston, MinnCitizens National Bank, Sisseton, S. DakFirst National Bank, Bristow, NebrFirst National Bank, Lake Preston, S. DakFirst National Bank, Hayward, WisFirst National Bank, Plenty wood, MontFirst National Bank, Sterling, ColoFirst National Bank, Rocky Ford, ColoFirst National Bank of Fergus County, Lewis-

town, MontState National Bank, Albuquerque, N. MexFirst National Bank, Marysville, KansFirst National Bank, Alexander, N. DakFirst National Bank, Pilger, NebrFirst National Bank, Wilsall, MontNational Bank of Commerce, Shawnee, OklaCitizens National Bank, Hankinson, N. DakCity National Bank, El Paso, Tex.Silver City National Bank, Silver City, N. Mex.First National Bank, Carlsbad, N. MexFirst National Bank, Baker, MontFarmers National Bank, Burlington, Kans

88886742108331158550156367600087841116590044194861767888062745556479283571369745^642819

1034011346112311130978209449115373262639594481075878311043856247082

72747186279111297593711335124418084751435395487104436955

JuneMar.Mar.Jan.Aug.JulyOct.JuneFeb.Dec.Dec.Feb.Apr.Dec.Sept.Dec.Oct.Dec.Aug.Dec.May

Feb.Apr.Aug.Feb.JuneMar.Nov.Oct.Aug.JuneJulyJuneMayOct.Oct.

MayMar.Aug.Jan.Aug.Apr.Aug.Jan.Oct.JuneMayAug.Sept.

28,190716,190320,191617,192015,189523,19022,1901

14,190726.191823,190724,188928.19076,190328,190512.19048,190016.190829,19005.190331,190019,1882

8,191314.191919.19183,191916.190526.190918.191925,188418.19025,190924,19159,190512,191329,190023.1903

9.190417.190425,188222,19192,190111,191918,192318.190614,190424,188619,190019,191310,1903

50, 000 I25, 00025, 00025,00080,00025, 00025, 00035, 00025, 00025,000100,00025,00030,00050,00050,00025, 00025,00025,00025,00025,00050,000

60,00025,00025,00035, 00050, 00025,000100, 00075,00050,00025,00025,00025,00025, 00025,00050,000

100, 000100,00050, 00025, 00025, 00025, 000

100, 00030, 000100, 00050, 00025, 00025, 00025, 000

109, 000. 0038, 500. 0023, 500.00

277, 000.00112, 000. 0042, 500.0050,100.001, 500. 00

103, 250. 00802,000. 0045, 500.0075,000.0059,750.00126, 221.00175, 850. 0032,076. 84

150, 500. 0055, 400.00

207, 625. 00166, 350.00

23,400.00

8,750.0060, 500. 0026, 250.003, 000. 00

155, 250. 00173, 000. 0053,625. 0022, 500.0058,750.0022, 500.00342,986. 0578,800. 00

485, 000. 00474, 377. 32221,625.001,000. 00

77,750.00

31, 900.00471, 000. 00255, 500. 00430, 000. 007,500. 00

81, 750. 00

50, 00050, 00025, 00025,000

250, 00025,00025. 000100', 00025, 00050,000200,00025, 00075,00025,000100, 000100, 00025,00075,00040,00050,00065,000

60,00025,00025, 00035, 00050, 00025, 000100,00075,00050,00040, 00025, 00050,00050,000100, 00060, 000

300, 000200, 00075, 00025, 00050, 00025, 000

100, 00030, 000500, 000100, 000100, 00025, 00055,000

Feb. 12,1924dododo

Feb. 15,1924Feb. 19,1924

do.Feb. 20,1924

doFeb. 26,1924

dodo

.-...dodo

Feb. 27,1924

Mar. T,"l924.--doMar. 4,1924

Mar. 14,1924

Mar. 15,1924Mar. 18,1924Mar. 19,1924-_..doMar. 21,1924Mar. 22,1924Mar. 24,1924

do— d o . _

_Mar. 28,1924Mar. 29,1924Mar. 31,1924Apr. 5,1924

doApr. 12,1924Apr. 14,1924Apr. 15,1924

do.Apr. 22,1924

doApr. 28,1924Apr. 30,1924May 8,1924May 14,1924

doMay 20,1924May 21,1924

C

cACcBABBCCBCABCBBBCB

AABCBBCACCBABBC

ACAB£BABCBACC

15, 000. 0050, 000.0025, 000.0025,000.0098, 500.0016, 797. 5024,600.0062,500.00

39,000.00191,895. 00

5, 850.0075,000.0011,500.0093, 400.0027, 300. 0023,700.0050,000. 0025,000.0048, 600.0030,000.00

60,000.00

24, 400.0024,700.00

100,000. 0075,000. 0040, 000. 0025, 000. 0024, 200. 009, 600. 006, 250. 00

100,000. 0014,100.00

124,500.00167, 400. 00

74, 200. 0024, 400. 0048, 600.00

100, 000.0030,000. 00

42,100. 0024, 597. 5021, 900. 0049,300. 00

353, 806. 00188, 453. CO228, 933. 00112, 045. 00

1, 588, 243. 00459, 448.00164, 542. 00

64, 864. 0046, 276. 00

395, 764. 00467,119. CO

79,155. CO745, 030. 00265, 790. 00289, 727. 00493, 803. CO103, 496. GO197, 525. 00307, 368. 00236, 777. 00

1, 099, 420. 00

223, 363. 0050, 234. 0054, 763. 0067, 468. 00

284, 231. 00114, 786. 00305, 556. 00

1,170, 960. 00450, 944. 00138, 960. 00275, 947. 00568, 838. 00243, 877. 00712, 005. 00239, 527. 00

2,866, 963. 001, 645, 675. 00

591, 816. 00202, 272. 00202, 998. 00

23, 019. CO936, 087. 00206, 864. 00

3, 384, 059. 00659, 678. 00361, 326. 00150,340. 00316, 452. 00

fto

M

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ft

oft

ftodwwft%ai

CO

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Page 243: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 42.-—National banks in charge of receivers, year ended October* 31, *1925, capital at date of organization and at date of failure,causes of failure, dividends paid while solvent, circulation outstanding at date of failure, lawful money deposited with Treasurer of theUnited States to redeem circulation, and total deposits at date of suspension-—Continued

8138148158168178188198208218228238248258268?7829830831832833834835836837838839840841842843844845846847848

Name and location of banks

Drovers National Bank, East St. Louis, IIIFirst National Bank, Sehuyler, Nebr _First National Bank, Morristown, S. DakCity National Bank of Huron, Huron, S. Dak___First National Bank, Newcastle, Wyo___.Citizens National Bank, Julesburg, ColoFirst National Bank, Basin, Wyo__First National Bank, Lidgerwood, N , Dak__-___First National Bank, Galata, MontCitizens National Bank, Worthington, MinnFirst National Bank, Poteau, Okla___.National Bank of Commerce of Rochester, N . Y_First National Bank, Alexandria, S. Dak_First National Bank, Walhalla, N . Dak__ __Weiser National Bank, Weiser, IdahoCitizens National Bank. Ness City, Kans..______First National Bank, Cheyenne, Wyo _First National Bank, Lambert, MontFirst National Bank, Bridgewater, S. DakCitizens National Bank, Cheyenne, Wyo_Bristow National Bank, Bristow, Okla _____First National Bank, Harrington, WashFirst National Bank, Minnesota Lake, MinnFirst National Bank, Rexburg, IdahoFirst National Bank, Ririe, Idaho____First National Bank, Putnam, Conn^ _______State National Bank, Carlsbad, N . Mex__Northwestern National Bank of Livingston, MontFirst National Bank in Clovis, N . Mex __First National Bank, Beaver Creek, MinnFirst National Bank, Rudyard, Moht____.First National Bank, Groom, Tex _ _First National Bank, Ozark, Ala •_ _ _First National Bank, Ulen, Minn __Citizens National Bank, Centerville, Tenn

Organization

Char-terNo.

1039927889817878171989603

108585772

1108959107118811159189133813980811800

1117669258089

10115921062047133

10920448

1096211000125229321

1120311447762970819827

Date

Apr. 30,1913Sept. 4,1882May 11,1910June 8,1907Mar. 23,1904Sept. 29,1909May 15,1916Mar. 29,1901Oct. 10,1917June 7,1901Jan. 14,1904Feb. 1,1906July 16,1901Mar. 14,1908Feb. 19,1906Feb. 3,1906Dec- 29,1870Apr. 20,1918July 23,1903Jan. 15,1906Nov. 23,1911July 10,1908Apr. 5,1902Jan. 19,1904Oct. 9,1916Mar. 23,1864Feb. 8,1917Mar. 27,1917Feb. 28,1924Jan. 4, 1909May 29,1918Aug. 16,1919Feb. 13,1905Dec. 12,1903May 31,1910

Capital

$200,00050,00025,00050,00025,00025,00025,00050,00025,00025,00025,000

500,00025,00025.00050,00030, 000

100,00025,00025, 000

100,00025,00050,00025,00050,00025,000

100,00075,000

100,00050,00025,00025,00025,00025, 00025,00030, 000 1

Total divi-dends paid

during exist-ence as anationalbanking

association

$57,000.00214,750.0012,500.0044,760. 0078,750.0055,125.0017,500. 00

190,000. 007,000. 00

50, 500.0038, 750. 00

1,222, 500. 0076,500. 0018,500. 00

118,584. 6770, 950. 00

949,000.00

86, 750. 0079,000. 0034,050. 0046,500.0071,500. 00

120,500.006,750,00

814,000.0022, 500. 008,000.00

36,500.00

85,737.2242,500.0037.800.00 1

Failures

Capital

$200,00050,00025,000

25,00025,00035,00050,00026,00025,00025,000

1,500, 00025,00025,00075,00045,000

200,00025,00025,000

100,00025,00050,00025,00050,00025,000

150,00075,000

100, 00050,00030,00025,00025,00035,00025, 00030.000

Receiverappointed

May 22,1924May 24,1924

do

June 12,1924_ do

June 14,1924June 17,1924June 18,1924June 19,1924

June 21,1924June 23,1924

---- dodo ___

July 3,1924July 9,1924July 16,1924July 18,1924July 21,1924

do. _Aug. 6,1924

do _Aug. 11,1924

doAug. 13,1924Aug. 25,1924Aug. 30,1924Sept. 4,1924Sept. 20,1924Oct. 4,1924Oct. 6,1924Oct. 23,1924Oct. 28,1924

do ___

Cause*of

failure

BCAB

BCABBC

BABBB

B -ABBBBBABAABBABA

ABAAA

Lawfulmoney

deposited

Circulationoutstanding

at date offailure

$47, 200.0025,000.00

24,300. 0024, 600. 0035,000. 0050,000. 00

18, 000. 0022, 700, 00

459, 897. 5024,400.0025,000. 0065,000.00

200,000.00

6, 500. 6599,995. 003, 850. 00

19,200. 0025,000. 0050,000. 0016, 250. 0050,000. 00

25,000.00

32,800.0024,700.007, 700.00

Totaldeposits atdate of sus-

pension

$433, 685. 00524, 922. 0098,667.00

442, 668. 00164, 286. 00174, 795. 00611,146.00

421, 059. 00238, 357. 00198, 498. 00456, 206.00162, 432, 00574,368. 00

4,498,121. 0063, 973.00

228, 891. 001, 214, 862. 00

198,499. 00324,105.00215, 772. 0072,350.00

1,478,076.00

159, 533. 00168, 795. 00114, 075. 0016, 520.0016, 974. 00

158,618.00197,067.00129,318,00

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Page 244: Annual Report of the Comptroller of the Currency 1925

National Border Bank of El Paso, TexFirst National Bank, Alma, WisMerchants National Bank, Grinnell, IowaFirst National Bank, Morgan, Tex_First National Bank, Abbeville, AlaFirst National Bank, Dodge Nebr __First National Bank, Algona, IowaFirst National Bank, Boise City, OklaFirst National Bank, Allendale, S. CFirst National Bank, Barnwell, S. CFirst National Bank, Center, TexFarmers National Bank, Dodge Center, Minn_._First National Bank, Torrington, WyoParkesburg National Bank, Parkesburg, PaFirst National Bank, Buffalo, Okla. . . __First National Bank, Oldham, S. DakFirst National Bank, Savoy, MontFirst National Bank, Spring Hope, N . CStoekmans National Bank, Columbus, MontFirst National Bank, Alexandria, MinnFirst National Bank, Townsend, MontFirst National Bank, Rigby, IdahoPeoples National Bank, Hot Springs, S. DakFirst Nat ionalBank, Sylvester, GaFirst Nat ionalBank, Salem, S. DakJefferson County National Bank, Rigby, Idaho.Neoga National Bank. Neoga, 111First Nat ionalBank, Mohall, N . Dak_ _First National Bank, Excelsior Springs, MoLogan County National Bank, Sterling, ColoFirst National Bank, Buena Vista, GaFirst Nat ionalBank, Hampton, GaPerry National Bank, Perry, IowaFarmers National Bank, Hempstead, TexFirst National Bank, Crystal, N . DakNational Bank of Abbeville, S. C _Commercial National Bank, Charleston, S. CFirst National Bank, Quincy, FlaNational Bank of Commerce, Pierre, S. DakBlack Hawk National Bank, Waterloo, IowaLebanon National Bank, Lebanon, TennFirst National Bank, Shelley, IdahoFirst National Bank, Brinsmade, N . DakFirst National Bank, Atwater, MinnFirst National Bank, Renville, MinnFirst National Bank, Idabel, OklaFirst National Bank, Pleasantville, IowaFirst NationalBank, Cavalier, N . DakFirst National Bank, Stevensville, MontFirst National Bank. Wapanucka, OklaFirst National Bank, Matoaka, W. Va

12487833829536247598773333197

110841111111287597166239289

1025611199114311122029959982

11385916661805898

1145878417008774179737963

1008910130490579183421

105437253427968548714

114348502

10570658384865564

10116107095950

11264

Jan. 17,1924May 16,1906Apr. 28,1883May 3,1902Aug. 17,1901June 18,1904May 15,1884Aug. 30,1917Nov. 30,1917Jan. 9,1919Sept. 10,1901Feb. 4,1903Oct. 6,1908Feb. 27,1880Sept. 2,1907Aug. 30,1912May 29,1918May 6,1919July 12,1918June 9, 1883Jan. 31,1911June 13,1919May 23,1908Mar. 11,1902July 5,1901June 9,1919July 11,1905Sept. 17,1903May 5,1905Oct. 11,1905Oct. 12,1905July 13,1911Jan. 2,1912Apr. 15,1893Sept. 12,1905Oct. 16,1885May 5,1914May 4,1904Feb. 13,1890Apr. 17,1903Apr. 13,1907July 15,1919Dec. 11,1906June 15,1914Dec. 19,1902Dec. 10,1906Aug. 2,1900Nov. 24,1911Feb. 4,1915Aug. 8,1901

i Nov. 7,1918

200 00025, 00050,00035,00027,50025,00050,00025,00050,00050,00030,00030,00025,00050,00025,00025,00025,00050,00050,00060,00050,00030, 00025,00025,00025,00050,00025,00025,00025,00050,00025,00030,00050,00050,00025,00050,000200,00050, 00075,000100. 00030,00025,00025, 00025, 00025,00025, 00025, 00025, 00025, 00025,00025, 000

52, 500.00422, 500.0040, 750.00153,600.0068,750. 00142, 750. 006,000.0020,000. 007,000. 00

31,000.0043,500. 0090,000. 00171,865.0040,250. 0031,750.00

9,000.00

264,600. 0026,000. 004,800. 0027,916.0049,000. 00114,000. 00

12,500.0086,250. 0017,000.00147,000.0070,100. 0027, 200.0054, 250. 00133,000. 0036,300. 00209, 500. 00140,000. 00127,000. 00139,048. 00145,600. 00110,300. 00

38,000. 0031,000. 0088,000. 0099,000. 0023, 750. 0029, 250. 0010, 750. 0082,250. 0016,250. 00

200,00025,000

100,00035,000

100, 00050,00050,00025,00050,00050, COO50,00030,00050,00050,00025,00025,00025,00050,00050,00060,00050,00080,00025,00050,00025,00050,00025,00025, 00025,000

150,00050,00060,00075,00060,00025,00075,000

200,000100, 000100,000200, 00080,00025,00025,00025,00025, 00080, 00025, 00025, 00025, 00025,00050, 000

Oct. 30,1924Nov. 7,1924Nov. 12,1924Nov. 13,1924Nov. 14,1924Nov. 22,1924Nov. 24,1924Nov. 25,1924Dec. 3,1924

do. do_ _

Dec. 9,1924Dec. 16,1924Dec. 26,1924Dec. 27,1924Jr5n. 3,1925

-doJan. 7,1925

doJan. 8,1925_.do —Jan. 12,1925Jan. 15,1925

doJan. 16,1925Jan. 17,1925Jan. 21,1925Jan. 22,1925Jan. 24,1925Jan. 26,1925

doJan. 27,1925Feb. 5,1925Feb. 7,1925,___do._ . __

dodo .

Feb. 11,1925do

Feb. 13,1925do

._ do___do „ .Feb. "(4,1925

doFeb. 18,1925Feb. 21,1925

doMar. 2,1925

doMar. 3,1925

AABcCCAAA-BAAABAABBABCACBBA

ABABBBA-CABCCAACB-CBBABAABCBA

$98, 5006, 250

189,800

24, 995. 00100, 000. 0025, 000. 00

6, 250. 0049, 600. 0010, 000. 009,600. 00

48, 800. 0048,900.0029, 500.006,100.0042,600.009, 700.0025,000.00

59,400.0012,500.00

5, 950.0029,300. 0024,500. 00

24, 700. 0024,700. 0025,000.00100,000. 0048,400. 0020,000. 0072,300.0049,197. 5024, 600. 0016,850,00

79, 500. 001895 800. 0078,600. 0019,600. 0024,600. 0010,000. 0024,600.00

24, 700. 6625, 000. 0010, 000. 005, 550, 0050, 000. 00

1, 375, 409. 00203, 589. 00998, 975. 0051, 912. 00145,412. 00401,430. 00656, 090. 00136, 521. 00185, 016. 0096, 628. 00245,341. 00611,756.00254, 693. 00329,404.00144, 088. 00250, 588. 007,652. 00

264,867.00137, 464. 00843, 235. 0080, 721. 00466, 517. 00156,143.0053, 289. 00158,184. 00

123, 243. 0090,934. 09

212,086. 00508, 452. 008L 597. 0033, 214. 00645, 027. GO177, 720.00256, 939. 00413, 542. 00

1,003, 982. 00348, 671. 00683, 098,00

84, 724. 00118, 712. 00488, 436. 00400, 700. 00264, 653. 00213, 392. 00368, 224. 0076, 421. 00161,142. 00571, 934. 00

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Page 245: Annual Report of the Comptroller of the Currency 1925

TABLE No. 42.—National banks in charge of receivers, year ended October 31, 1925, capital at date of organization and at date of failure,causes of failure, dividends paid while solvent, circulation outstanding at date of failure, lawful money deposited vrith Treasurer of theUnited States to redeem circulation, and total deposits at date of suspension—Continued

900901902903904905906907908909910911)12913914

915916917918919920921922923924925926927^ 8qoq930931932933

Name and location of banks

First National Bank, Volant, Pa _ . _City National Bank, Clarksville, TexFirst National Bank, Montpelier, IdahoFirst National Bank, Buhl, Idaho .Ficst National Bank, Lemmon, S. DakCommercial National Bank, Greenville, Tex _.Farmers National Bank, Chandler, OklaFirst National Bank, Bamberg, 8. CFirst National Bank, Bandon, OregGeorgia National Bank, Athens, GaOsceola National Bank, Osceloa, IowaFirst National Bank, Wimbledon, N. DakFirst National Bank, Hedrick, IowaFirst National Bank, Jasper, MinnFirst National Bank, Las Vegas, East Las

Vegas, N. Mex.First National Bank, Conyers, GaHugo National Bank, Hugo, OklaFirst National Bank, Carnegie, Pa _Burgettstown National Bank, Burgettstown, Pa-First National Bank, Selma, N. CFirst National Bank, Madison, S. DakFarmers National Bank, Louisburg, N. CFirst National Bank, Florence, S. C.First National Bank, Clear Lake, S. DakFirst National Bank, Crandon, Wis _.City National Bank, Hugo, OklaFirst National Bank, Springer, N. Mex_Merchants National Bank, Detroit, MinnFirst National Bank, St. Cloud, MinnFirst National Bank, Simla, ColoFirst National Bank, Abercrombie, N. DakFirst National Bank, Wausa, NebrFirst National Bank, Redwood Falls, MinnFirst National Bank, Lumberton, N. C

Organization

Char-terNo.

11834106437381

1106592697510

12060117049718652560336712554065232436

11255774747622408

107393149

10260974763579387

121361156581222790

113548419999458267398

Date

June 14,1920Oct. 8,1914Aug. 9,1904Aug. 10,1917Oct. 16,1908Nov. 24,1904Nov. 25,1921Apr. 19,1920Feb. 25,1910Oct. 14,1902Oct. 8,1901Feb. 7,1903Aug. 11,1900Oct. 7,1902Aug. 25,1879

Sept. 3,1918Apr. 11,1905May 16,1892Jan. 25,1879May 7,1915Mar. 29,1884Aug. 1,1912Mar. 23,1910June 28,1922Mar. 16,1909Feb. 10,1922Oct. 18,1919Feb. 9,1906Sept. 25,1882May 10,1919Aug. 25,1906Mar. 27,1911Mar. 11,1901July 21,1904

Capital

$25,00025,00025,00050,00025,000

100,00025,00030,00025,000

100,00025,00025,00025,00025,00050,000

75,00050,00050,00050,00030,00050,00050,000

100,00025,00025,000

100,00050,00050,00050,00025,00025,00050,00025,00025,000

Total divi-dends paid

during exist-ence as anationalbanking

association

$95,000.0075,250. 0025,000. 0035, 750. 00

158,000.00

7, 500. 0012,750.00

716,000. 0015,000. 0039,500. 0051,750. 0094,600. 00

506,500.00

145,, 100. 00466, 750. 00444,500.00

11,400.00216,355.00

11,000.00167,000.0065,000.0049,125.00

9,500.00110, 500. 00401,000.00

11, 750. 0087,500. 0094,550. 0072,250. 00

Failures

Capital

$25,000200, 00050,000

100,00050,000

150,00025,00045,00025,000

400,00025,00025,00025, 00030,000

200,000

75,000200,000100,000100,00030,00050,00025,000

150,00025,00050,000

100,00050,00060,000

250,00025,00025,00075,00070,00050,000

Receiverappointed

Mar. 7,1925Mar. 9,1925Mar. 13,1925Mar. 26,1925Apr. 2,1925Apr. 6,1925Apr. 10,1925

doApr. 13,1925Apr. 17,1925Apr. 22,1925Apr. 23,1925Apr. 24,1925May 1,1925May 4,1925

May 12,1925_____do

do__.May 14,1925May 16,1925May 21,1925May 22,1925

doMay 25,1925May 29,1925June 5,1925June 15,1925June 22,1925June 24,1925June 25,1925June 30,1925July 9,1925July 29,1925Aug. 4,1925

Causeof

failure

ABBBBC

A-BA-B

ABACBBA

BBAAB

B-CAABACCCAA'BBAA

Lawfulmoney

deposited

$19,800

124,000

Circulationoutstandingat date of

failure

$11,800.0049,400. 0025,000.00

149,995.00

15,000.00200. 000.0025,000.0025,000.0019,800. 0029, 500. 00

200,000. GO

27,700.0019,800.0095, 000. 0098,400. 008,800.00

30,900. 0023, 200. 00

124,000. 0025,000. 0045, 200.00

56,700.00

24,100. 0050,000. 0024,400. 0046,600. 00

Totaldeposits atdate of sus-

pension

$178,107.00108, 596. 00335, 821. 00237,493. GO418,4 £3. 00638,350.00319.134.00

54,107. 00181, 264.00

1,200, 239.00129, 258. 00161,727.00147,483. 00374,936. 00828, 256.00

133,181. 00968, 533.00

1,448, 397. 001,698, 546. 00

181, 216.00399, 861.0076, 255. 00

1,137, 989.00384, 311.00350,144. 00235, 854.00150,655. 00491, 438. 00

1,682, 525.0067, 344. 00

224, 370. 00511,612.00377,128. 00392,492.00

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Page 246: Annual Report of the Comptroller of the Currency 1925

934

936937

940941942943944945946947

First National Bank, Walters, OklaFirst National Bank, Lake Park, MinnFirst National Bank, Sheyenne, N. DakFirst National Bank, Devol, OklaFirst National Bank, Dell Rapids, S. Dak..__Globe National Bank, Denver, ColoFirst National Bank, Libby, MontFirst National Bank, Warren, MinnFirst National Bank, Winifred, MontFirst National Bank, Hallock, MinnFirst National Bank, Buffalo, Minn.Manilla National Bank, Manilla, Iowa___Loveland National Bank, Loveland, ColoWinner National Bank, Winner, S. Dak

Total-.

66127143888611535350811623959458661100669341102360418116

12024

.) an.Feb.Aug.Nov.Apr.Feb.Oct.MayMayAug.JuneNov.Feb.Sept.

10.190310.190428,19074.1919

21.18805.1920

25,190918,190117,19175,19037,1917

12,190114,190620,1921

25, 00025, 00025,00025,00050,000

200,00025,00025,00025,00025,00025,00025,000

100,00060,000

62, 250. 0033, 500. 0028, 750. 00

198, 775. 0066, 000. 0052, 800. 0081, 250. 008,000.00

84,450. 0014,000.0041,875. 00

133,000. 00

15,452,500 30,412,020.10

50,00025,00025,00025,00060,000

200,00040,00050,00025,00060,00050,00025,000

100,00060,000

| Aug.I Aug.• Sept.

Sept.Sept.Oct.Oct.Oct.Oct.Oct.Oct.Oct.Oct.Oct.

23,105,000

6,192524,19258,1925

17,192526,19251,19256,192510,192515,192516,192517,192520,192522,192524,1925

BABBBACBBCAA-BBB

9,600

2,770, 642

25,000.0024,500.00

59, 500.00

24, 700.0024,600. 00

24,600: 0034,600.0018,450.00100, 000.00

159,040.00 \309,344.00142,503.0029,765.00498,219.00

4,020,485.00218,272. 00382,775. 0062,483.00350,056. 00668, 508.00127,950.00490,791.0071,852.00

12,158,802.00 135,994,732.00

8A=Fraudulent management.B=Local financial conditions.C=Closed by run.

AB = Fraudulent management and local financial conditions.AC = Fraudulent management and closed by run.BC=Local financial conditions and closed by run.

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Page 247: Annual Report of the Comptroller of the Currency 1925

240 REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 43.—National banks in charge of receivers, dates of organization,amounts collected from all sources, loans paid and other disbursements, losses onassets returned to stockholders to year ended October SI, 1925

Title and location of banksDate of

organizationCapitalstock

Receiverappointed

469513515523531533542549554589590591593594596597598599600601603605606607610611612613615616617619620621623625626628630632633634635638640642643-644645646648649650652653654655656657658659660661662663664665666667668669670671672673674

Farmers & Drovers National Bank, Waynesburg, Pa..First National Bank, Billings, Mont. _Mount Vernon National Bank, Mount Vernon, N. Y__Second National Bank, Clarion, PaTraders National Bank, Lowell, MassMesa County National Bank, Grand Junction, Colo—First National Bank, Pensacola, FlaFirst National Bank, Sutton, W. Va_First National Bank, Uniontown, Pa_First National Bank, St. Cloud, Fla.-First National Bank, Bluffton, OhioFirst National Bank, Newman, Calif ---First National Bank, Eureka, S. Dak_-_-First National Bank, Fairfleld, Idaho. .--First National Bank, Medina, N. Dak___First National Bank, Tower, N. DakFirst National Bank, Hearne, Tex „Farmers National Bank, Cooper, TexFirst National Bank, Gridley, CalifFirst National Bank, Cut Bank, MontCommonwealth National Bank, Reedville, VaPicher National Bank, Picher, Okla...First National Bank, Ranger, TexEmmetsburg National Bank, Emmetsburg, IowaFirst National Bank, Beaver, PaCorn Belt National Bank, Scotland, S. DakFirst National Bank, Ambia, Ind__First National Bank, Desdemona, TexFirst National Bank, Sipe Springs, TexFirst National Bank, Marcus, IowaFirst National Bank, Sidney, NebrFirst National-Bank, Bridgeport, NebrBannock National Bank, Pocatello, IdahoFirst National Bank, Crawford, Tex_.First National Bank, Moran, TexHavre National Bank, Havre, MontFirst National Bank, Joplin, MontNational Bank of Cleburne, TexPeoples National Bank, National City, CalifUnited States National Bank, Vale, Oreg.First National Bank, Vale, Oreg—First National Bank, Burley, IdahoEdwards National Bank, Booker, Tex__Farmers National Bank, Big Sandy, MontFirst National Bank, Wendell, IdahoStockmans National Bank, Poplar, MontStillwater Valley National Bank, Absarokee, MontFirst National Bank, Seeley, Calif _.National City Bank, Salt Lake City, UtahSecond National Bank, Elkton, MdFirst National Bank, Myton, UtahState National Bank, Ardmore, OklaCorydon National Bank, Corydon, Ind__.First National Bank, Oak Grove, LaFarwell National Bank, Farwell, Tex _First National Bank, Spencer, NebrFirst National Bank, Ingomar, Mont _ .,,_American National Bank, Billings, MontFirst National Bank, Fresno, Mont _Merchants National Bank, Wimbledon, N. Dak _.First National Bank, Hope, N. Mex _First National Bank, Mountainair, N. MexFirst National Bank, Lawton, Okla. _First National Bank, Colusa, Calif.Commercial National Bank, Great Falls, MontSterling National Bank, Sterling, ColoPayette National Bank, Payette, Idaho *First National Bank, High wood, Mont _Citizens National Bank, Laurel, Mont..First National Bank, Magdalena, N. MexFirst National Bank, Broadview, MontCommercial National Bank, Wilmington, N. C _First National Bank, Winner, S. Dak ._First National Bank, Wessington Springs, S. DakFirst National Bank, Rupert, IdahoFirst National Bank, Warren, Mass

Feb.Dec.Dec.Sept,iTuneMayAug.Aug,Feb.Mar.Nov.MayNov.Mar.Apr.Sept.JulySept.Mar.Oct.Jan.Feb.Jan.Dec.Feb.MayJulySept.Nov.JuneMar.Feb.JulyMayJuneMayNov.MayJuneJulyJan.Feb.MayJulyJuneFeb.Aug.Sept.Nov.Aug.Apr.MayMayMar.Aug.Jan.Aug.Apr.Oct.Sept.MayApr.JulyJulyApr.MayJan.Dec.MayAug.Nov.Apr.Dec.Sept.JulyNov.

25; 186527,188311,190612,188310,189231,190510,188017,190220,184424,191219,190029,191028,191930.191224,191429.19055,1894

24,191414,19185,19006,19163,1920

26.190623,190510,188828,191730.19092,19196,1919

22.191012,190223,191015,190219.19135,191618,191011,19166,188921,1909

14.190720.19134.191925,191730,190917,191711,19175,191319,191212,188910,19206,191323,19052.19205.192118,190416,19195.19203,191717,19073,19093,191918.19011,191120.19142.19219,190629,19173,190727.191226.191517; 192215,191725.190220.191314,1919

$200,000150, 000200,00050, 000200,000100, 000500,00050,000100, 00050, 00050,00050,00050,00025,00025,00025,00050,00050,00040,00050,00025,000100,000200, 00050,00050,00025,00025,00025,00025, 00050, 00050,00025,000100,00030,00025,00050,00025,000150,00025,00075,00050,00030,00025,00025,00025,00025,00025,00025,000250,00050,00025,000200, 000125,00050,00025, 000100, 00025,000150, 00025,00025,00025,00030,000200,000150,000200,000150,00075,00025,00035,00050,00025,000200, 00030, 00050,00025,00050,000

Dee. 12,1906July 2,1910Apr. 19,1911June 21,1912Oct. 20,1913Nov. 29,1913Jan. 22,1914Aug. 29,1914Jan. 19,1915Jan. 2,1918Nov. 17,1919Jan. 31,1920Aug. 20,1920Aug. 26,1920Dec. 20,1920Dec. 28,1920Jan. 21,1921Jan. 28,1921Jan. 29,1921

do.Feb. 16,1921Feb. 21,1921Mar. 2,192iMar. 11,1921Mai\ 26.1921Mar. 28,1921Apr. 5,1921Apr. 7,1921Apr. 18,1921M a y 18,1921M a y 27,1921M a y 28,1921June 11,1921June 16,1921Aug. 29,1921Sept. 16,1921

do.Oct. 27,1921Nov. 7,1921Nov. 15,1921

do.Nov. 30,1921Dec. 12,1921Jan. 3,1922Jan. 5,1922Jan. 28,1922Jan. 30,1922

doFeb. 3,1922Feb. 18,1922Feb. 24,1922Mar. 4,1922Mar. 8,1922M a y 13,1922June 26.1922July 14,1922Aug. 14,1922Sept. 23,1922Oct. 26,1922Oct. 27,1922Oct. 30,1922Nov. 2,1922Nov. 18,1922Nov. 22,1922Dec. 9,1922Dec. 11,1922Dec. 13,1922Dee. 29,1922Jan. 4,1923Jan. 18,1923Jan. 30,1923Jan. 31,1923

do.Feb. 5,1923Feb. 7,1923Feb. 23,1923

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Page 248: Annual Report of the Comptroller of the Currency 1925

REPOET OF THE COMPTROLLER OF THE CURRENCY 241

appointment of receiver, and closing, with amounts of nominal oMd additionalassets, expenses of receiverships, claims proved, dividends paid, and remaining

Nominal assets at date of suspension

Est imatedgood

$814,783•1,087,304

158, 243126,110

1,610, 082200,412

1,488, 390310, 050

1,080, 78598, 696

453, 226260, 893750, 777279, 978236, 20140,13284,309

633, 714133, 61591,852

260, 982177, 077741, 218390,4.67426, 383217, 25591,39149, 50533,994

147,933203,69891,326

678,1039,467

54, 232298, 018 ,

13, 3611,337, 969

269, 826184, 45529,968

486, 03640, 62714, 794

140, 28115, 898

101,35546,108

2,146, 734144, 71340, 431

C40, 092930, 94039, 33331, 362

559,91848, 652

165, 0676,164

57,132121, 564308, 039300, 994128, 697447, 804241,183

63, 74327,63863, 740

101, 46040, 657

926, 972141, 052106, 85233, 782

129, 794

Est imateddoubtful

$2,013,406505,016413, 533294, 805

1,603,429248, 785507,05280, 899

2,388. 710138, 332121, 751454,549192,16978,894

124, 53866,665

273, 349109,43727,037

280, 55320,154

133,9181,864,464

251, 835220, 623198, 06938,29855,48499,097

139, 231215,32472,899

735, 340167, 32040,987

238, 2118,751

483, 862100,137590, 820286, 691412, 057

99, 54422, 21126,883

102,418139,87744, 581

1,367, 227182, 48536,120

913, 996394, 591

75, 95721, 278

413, 718137, 880270, 20039, 358

118, 292• 9,461

22, 802408, 661405, 565

1,189, 442463,971123, 049187, 644102, 694354,749

74,8421,226, 912

149, 236223, 691198, 93217,771

Estimatedworthless

$130,499552, 201199, 57419,30530,913

165, 264401,445

27, 21047,999

210,9606,352

510, 58732, 303

125, 9721,553

222, 960144,913149,358372, 056

59,651238

67,741264,81035, 79075,04850,99918,93556, 70030,441

227, 29720, 66034,264

307,42138, 66734,323

189,44363,552

764, 50683. 608

154; 19076,745

195, 34740,85241. 50732,40641, 61314, 31331,41780, 93098, 73219, 98526,058

351, 62819, 56493, 956

247, 210119, 042309, 21922,93521, 98137, 766

802646, 628402, 098424, 765270, 603168,41337,428

205,52654, 72439, 793

548,87253,935

382,175186, 403

2,118

Addit ionalassets re-

ceived sincedate ©f

suspension

$2,061,287635, 679225,464

54, 821129, 70251,957

1, 072, 63135,403

971, 02037, 52796, 831

195,438• 172,182

72, 76343,44453, 36481, 28211,16068, 26541, 94843,45815, 29178, 24526,96182,85659, 87368, 11111, 3087,250

105, 72453,60428,425

261,3124,7294,138

53, 6377,824

122, 67148,480

104, 47959,84548,44327, 3502,465

17, 5246,421

12, 97110, 676

508, 97921,18814,10658,010

128, 27522, 03621,49345, 27619, 61763,371

2,97826, 39926,34415, 44194,915

105, 937179, 03359,48644,16115,92013,41322, 8605,243

140, 61028,06242, 45113, 5463,448

Total assets

$5,019,9752, 780, 200

996, 814495, 041

3,374,126666,418

3,469, 518453, 562

4,488, 514485, 515678,160

1,421,4671,147, 431

557, 607405, 736383,151583, 853

% 903,667600, 973474,004324, 832394,027

2,948,737704, 053804, 910526,196216, 735172, 997170,782620,185493, 286226, 914

1,982,176220,183133, 680779, 309

93, 4882,709,008

502, 0511,033, 944

453, 2491,141, 883

208, 37380, 977

217, 094166, 350268, 516132, 782

4,103, 870447,118110, 642

1,638,1561,805, 434

156, 890168, 089

1,266,122325,191807, 85771,435

223,804195,135347, 084

1,451,1981,042, 2972, 241,0441, 035, 243

399, 3fi6268. 630385, 373533, 793160, 535

2,843, 366372, 285755,169432, 663153,131

Offsetsallowed

and settled

$546,299218, 28039,04749,067

148, 38332,124

647,36812,883

330, 37046,714

117,703195,19696,311

175,41725,08757, 56120,192

794,38730,65137,97132,64011,372

276,99623,30473,11053, 99138,1334,1657,422

10,63319, 59812, 29289, 9964,6683,556

27, 3221,095

247, 72574,45317,38312, 774

101,93613,4931,490

14, 947768

4,015•7,685

149, 9157,1285,415

112, 95281, 09435, 35227, 29646, 39212,40913,4602,424

14,15626, 20318, 55142, 62025, 548

192,07060, 93124,117

" 3.81410; 24740. 839

534679,038

21,4669,3685, 884

12, 733

Loss on assetscompoundedor sold under

$1,422,733131,667594; 71494,935

379,443208, 279690, 699

36,668199,09827,62977,275

579, 53423,818

191,118227,181132,945111,95556, 34699,15225,88817,66970,338

410, 050239,47729,08016,13667,42244,26920,55253, 585

232,30226,109

247,839120, 953

16, 05220,1303,963

388, 07670, 65018,12329.70351,8958,233

49,12732, 953

2, 823

24, 864132, 74139, 68611,12935, 08236, 08331,45526,160

219, 93911,498

27,1603, 211

78, 032

727, 256112, 08356,61659, 01628,1354,415

75146, 968

61,18418, 7209,706

469513515523531533542549554589590591593594596597598599600601603605606607610611612613615616617619620621623625626628630632633634635638640642643644645646648649650652653654655656657658659660661662663664665666667668669670671672673674

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Page 249: Annual Report of the Comptroller of the Currency 1925

242 REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 43.—National banks in charge of receivers, dates of organization,amounts collected from all sources, loans paid and other disbursements, losses onassets returned to stockholders to year ended October 31, 1925—Continued

469513515523531533542549554589590591593594596597598599600601603.605606607610611612613615616617619620621623625626628630632633634635638640642643644645646648649650652653654655656657658659660661662663664665666667

Nominalvalue of

remaininguncollected

assets

Assetsreturnedto stock-holders'

agent

$1,454,409558,696

51,871157, 781105,652318, 59329, 255

572, 540253, 426

234,920

93, 793230,88146,883

199,147

164,793754,168

255,480213,448

81,51193, 552

191,218

75,640706, 329

48, 532416, 47452,102

907,93589, 851

530, 540237, 876685,000

67, 567

51, 605118, 539145, 33132,172

1, 284, 384130, 414

65, 532766,950502, 254

41, 22440, 771

580, 209199,125630,926

23, 803146, 344

6,990235, 739172, 289390,930

1, 316, 345520, 564218,893180,538268, 856331, 493123,186

1, 623, 677194, 016396, 520279,529

3,348

Collectedfromassets

$1, 596,5341,871,557363,053299,168

2,688, 519320,363

1,812,858394, 756

3,386, 506157, 746483,182646,737792, 382191, 072153,46898,852

220, 8256,051,

272, 023127, 259274, 523147, 524

1, 507, 523441, 272447, 240242,621111, 18043, 05249, 256364, 749241, 386112,873938,01294, 56264,940315, 383

1,165, 272267, 097467, 898172, 896303,052129,08030,360117, 58944, 220119,17068, 061

2, 536, 830269, 89028, 566723,172

1,186, 00348, 85973, 862

419, 582102,159163, 47118,04860, 09383,91092, 794

509, 033513, 736676, 013394, 732128, 22179, 863106, 270161, 46136, 740

393, 683156, 803288, 097128, 530127,344

Collectedfrom

assessmentupon share-holders

$149, 2717,50082,73029,27191,07235,13573, 74825,180

" 45,16047, 90044, 82128, 7509,2346,22016,20034, 34646, 90019, 7985,15017, 47029,18817,12030, 52840, 61315,31419, 2663,72412,99120, 2749,8193,000

40, 4093,60010, 31812, 9756,25846, 54610,0009,20011, 75911,3489,61310, 0485,176614

3,6259,854

185,33021, 60012,46672,59629,54610, 3083,9607,6464,79745,9087,81210, 3978, 3507,90014,800

136, 212171, 06958, 68140, 4133,4283,9009,69212, 50084,38214,0002,4003,36919, 500

Totalcollectionsfrom allsources

$1,745,8051,879, 057445,783328,439

2, 779, 591355, 498

1, 886, 606419,936

3, 386, 506202,906531, 082691, 558821,132200,306159, 688115, 052255,17152,951

291,821132,409291,993176,712

1, 524,643471,800487,853257,935130,44646, 77662,247385, 023251, 205115, 873978,42198,16275,258

328, 35842, 586

1, 211, 818277, 097477, 098184, 655314, 400138, 69340, 408122, 76544, 834122, 79577, 915

2,722,160291, 49041,032795, 768

1,215, 54959,16777, 822

427, 228106, 956209, 37925, 86070, 49092, 260100, 694523, 833649, 948847, 082453, 413168, 63483, 291110,170171,15349, 240

478, 065170, 803290, 497131,899146,844

Securedand

preferredliabilities

paid

$283,600301,469

92, 5618,107

31, 58828,192

293, 58424,132

1,029, 35025, 28232, 792

224,189301, 442

34, 042117, 040

33, 396126, 56946,900

200, 72773,895

109, 96755,246

1,188, 008181,87557,82197,85551, 47721, 79422, 820

297, 63086, 46453, 433

783,15784,12829, 501

213,16922, 973

1, 007, 79567, 210

398,159142, 830242, 30093,01219, 96185, 66237,13695, 69356, 581

1,683,456102, 328

16, 766489, 675512, 04925,19457,123

304, 81892, 92279, 6448,028

44, 80263, 64047, 506

181, 857447, 041433, 581384, 259

80, 27346, 24064,717

127,10126,438

128,142144,461200, 90994,692

1,610

Dividendspaid

$1,286,3251,387,675

281, 231269, 707

2, 660, 220239, 033

1, 472, 354315, 272

1,665, 598139, 774422, 775

' 415,511423,101

99, 01622,04053, 23863,642

Legalexpenses

46,467

156,13170,989

222, 015258, 060380,926

53,98547,40012, 312

43, 850132, 529

33, 695114, 572

2,74528,00050, 9465,006

147, 603172, 41638, 02415, 476

21,3155,40412, 419

8,799950, 250151,149

235,080662,0958,596

57, 9904,746

15, 508

152, 940107, 595216,879

46,42617,173

150,166

111, 702

$51, 74826,40441,3969,22815,8516,38332, 45439,16662, 0134, 45410,63110, 39537, 9229,8682,7585,4509,4403,1526,5373,0712,0184,04634, 0736, 6532,55513,4626,1481,1313,6899,2976,4874, 71813, 489

804842

5,243589

10, 581285

' 2,8642,8243,1602,967739765265

1,0072,03710,4735,846461

3,5007,078974932

7,723994

6,0011,3121,387572

4,3934,3543,4926,8045,9685,471568

1,1892,040133

15,6391,553

. 2,105433

9,677Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 250: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY 243

appointment of receiver, and closing, with amounts of nominal and additional assets,assets, expenses of receiverships, claims proved, dividends paid, and remaining

Receivers'salary

and otherexpenses

$68,434143,15230, 59523, 47668,12430, 32168, 59225, 864

135 27922, 42032, 65341,46353, 35031, 2439,737

17, 83022, 4122.854

23', 76623, 50223, 87724, 23340,11325,21216,61539,90419, 7439,930

19,93027, 30925, 72513, 61262,1969,922

11, 24329,43013,13535,45325 28923,39718 51721,15819,90614, 30416,4912,438

15, 3599 677

39 94423,64715, 32648, 02224,30611 53311,06431 92112,95025,1443,6748,2458,237

20,750-29,64624 36238, 78624, 55520 4135,634

11 58717 18610, 39527 99414, 22933, 05813 39510, 552

Balance inhands of

comptrollerand

receiver

$55.69820; 357

17, 9213, 808

51, 56919, 62215, 502

144 26610,97632, 231

5,31726,1378,1135, 138

33?10845

14, 32431, 941

22, 19840, 434

29, 93652. 7295,6781,609

15, 8085,937

10,41515,007

5635,672

29, 570883

10,38611,89714,6545,008

47, 7821,493

7,4284,995

10, 736821

38,0378,5208,479

19,49110,02112 8708,703

82, 76690

40,6008,100

16,0564,303

28,045155,03667 458

151,03238, 63116 05113, 67632,67724 82612,274

156 12410, 56054, 42523 37913, 303

Amountreturnedto share-

holders incash

$350 000

Amount ofassessment

uponshare-

holders

$200, 000150,000200, 00050, 000

200, 000100, 000500, 000

50, 000

50, 00050, 00050,00050, 00025, 00025, 00025, 00050, 00050, 00040, 00050, 00025, 000

100. 000100, 00050, 00050. 00025, 00025, 00025, 00025, 00050, 00050, 00025, 000

100,00030, 000

200, 00050,00025, 000

150,00025, 00075, 00050 00030, 00025,00025, 00025, 00025, 00025, 00025, 000

250 00050, 00025,000

200, 000125, 00050 00025,000

100,00025,000

150,00025,00025,00025, 00030, 000

200,000150 000200, 000150, 00075 00025, 00035 00050 00025,000

200 00030,00050, 00025 00050,000

Amountof claimsproved

$1, 570, 6431, 850,300' 447, 891323, 761

2, 830, 343478. 085

1, 882, 658350, 303

1 395, 738346, 509497,496839, 436801,165325, 939308, 005295, 775315, 777850, 574439, 651243, 528176, 039249, 6.13

1, 230,185421, 293634, 867352,11994, 800

123,129111, 962146,167306,189112,324

1, 527,475137, 25870, 054

510, 63144, 650

2,960, 568172,416759, 704310, 432887, 338

57, 86551,48783, 81479, 78999, 71443, 717

1, 583,927251,911

783' 612946, 850

41, 65455, 770

699, 851200,947580,40547,458

170, 564155, 098188, 504

1,019, 606484 764

1,452, 421444,978204, 732228, 990208 179330, 052

82, 7621,477 466

291, 88664, 084

296, 450279, 255

Divi-dends

(per cent)

757558. 8582945077.5090

100408549. 5050306.67

1842

10

88.67301760.7560155010

3043.2530

7.502

4010105

5055

2010.5015

206060

307520

1610

10

152015

207.50

10

40

Interestdivi-

dends(per cent)

100

Finally closed

Sept. 30,1925

Dec. 31,1924

Oct. 27,1925

Oct. 28,1925

Jan. 13,1925

Sept. 30,1925

t

469513M5

531533542549554589nQO

593594

597598599600601603605606607610611612613615

817619620621623625

mn628630632633634635

640642643644645646648649650652

654655656657658

660661

663664665666667

66967067167?673674

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Page 251: Annual Report of the Comptroller of the Currency 1925

244 REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. '43.—National banks in charge of receivers, dates of orgoAiization,amounts collected from all sources, loans paid and other disbursements, losses onassets returned to stockholders to year ended October 31, 1925—Continued

Title and location of banks Date oforganization

Capitalstock

Receiverappointed

First National Bank, Harlowton, MontFirst National Bank, American Falls, IdahoFirst National Bank, Clifton, ArizSpringfield National Bank, Springfield, OhioFirst National Bank? Roundup, MontFirst National Bank, Gregory, S. Dak —First National Bank, Bottineau, N. DakLlano National Bank, Llano, TexFarmers & Merchants National Bank, Jefferson, Iowa_.City National Bank, Jerome, IdahoFirst National Bank, Nampa, IdahoFirst National Bank, Rock River, WyoFirst National Bank, Highland, WisFirst National Bank, Joseph, Oreg--Peoples National Bank, Salisbury, N. CFirst National Bank, Big Sandy, Mont _ -First National Bank, Willow City, N. Dak.First National Bank, Grandfield, Okia _First National Bank, Sapulpa, OklaFirst National Bank, Chester, Mont.--First National Bank, Henryetta, OklaFirst National Bank, Carroll, NebrFirst National Bank, Colquitt, Ga___First National Bank, Shelby, MontFairiield National Bank, Fairneld, Iowa_._Howard National Bank, Howard, S. Dak___Roundup National Bank, Roundup, MontFirst National Bank, Oswego, MontFirst National Bank, Lovington, N. Mex___First National Bank, Wells, Minn _-.First National Bank, Mitchell, S. DakCavalier County National Bank, Langdon, N. DakAmerican National Bank, Three Forks, MontLehigh National Bank Lehigh, OklaCity National Bank, Coalgate, OklaFirst National Bank, Grey Eagle, Minn _„_First National Bank, Fair view, MontFirst National Bank, Carter, MontFirst National Bank, Hemingford, NebrUnion National Bank, Beloit, KansTexas County National Bank, Guymon, OklaTucson National Bank, Tucson, ArizNational Bank of Barnesville, OhioCitizens National Bank, Roswell, N. MexFirst National Bank, Lancaster, Minn___First National Bank, Tolley, N. DakCitizens National Bank, Crosby, N. DakFirst National Bank, Turtle Lake, N. DakFirst National Bank, Soper, OklaFirst National Bank, Springfield, S. DakFarmers National Bank, Tishomingo, OklaFirst National Bank, Seale, AlaFirst National Bank, Manville, Wyo__.First National Bank, Woodworth, N. DakFirst National Bank, Lenapah, OklaFirst National Bank, Poplar, MontFirst National Bank, Lansford, N. DakFirst National Bank, Forsyth, MontCondon National Bank, Condon, OregFirst National Bank, Moore, MontMiners National Bank, Henryetta, OklaFirst National Bank, Schulter, OklaMerchants National Bank, Mandan, N. DakFirst National Bank, Webster, S. DakFirst National Bank, Dodson, MontSioux Falls, National Bank, Sioux Falls, S. DakFirst National Bank, Sentinel Butte, N. Dak__First National Bank, Beach, N. DakFirst National Bank, Bisbee, N. DakNational Bank of Carlsbad, N. MexDakota National Bank, Dickinson, N. DakFirst National Bank, Lusk, Wyo _„„First National Bank, St. John, WashFirst National Bank, Warroad, Minn -_ „.._First National Bank. Brookings, S. Dak—_

Oct.Aug.MayJan.MayFeb.Dee.Jan.Dec.Dec.Sept.Apr.JuneDec.Mar.MayApr.Apr.Aug.Nov.JuneAug.Oct.Dec.Dec.Aug.Oct.Jan.MayDec.Feb.Jan.Apr.Feb.Mar.MayAug.Apr.JulyMar.Mar.Feb.Jan.Apr.May-MayApr.JuneApr.Oct.JulySept.MayApr.Aug.JulyMar.JuneMar.Jan.Feb.Mar.Aug.Nov.Aug.Nov.Feb.MayApr.JulyMar.JuneMar.Aug.Nov.

27,19081,1907

14,190117,188222,190822.190717,19015.190128,191122,191915.190624.191914,191611,190510.19089.191718,190324.191119.190115i191729,190321,19013.190214.191624,196713.191526,19148.191826.191712,18918,188228.190830,191714.190110.192028.190726.192125,191727.191224,190321,192321,191829,190320.190314,191917.190514,19148,190715.19132,190723.191328.19141,191826,191918,191928.191616.190610.190424,19067,190720.19135,191724.191419.190223.191714.188210.191526.19091.19038,19034,190523,191911.19184,192015.1883

$50,00050, 000100, 000100, 00050,00050,00050, 00050,00040, 00030, 000200, 00050, 00025,00025,000100,00025,00025,00050, 000100, 00025,00050. 00050', 00050, 00025,00060,00025.00025, 00025,00030, 000100,000100,00025,00025. 00035, 00050, 00025,00040, 00025,00025, 00050,00025,000100,000100, 0C0200, 00025,00025, 00025, 00025,00030,00025, 00025, 00025,00025,00025, 00025,00025, 00025,00075,00050,00025,00050,00025,00050,00025,00025, 000150, 00025, 00050, 00025,000100, 00050,GOO50,00040,00025,000100,000

Mar. 7,1923M a r . 26,1923Apr. 2,1923Apr. 5,1923

do.Apr. 12,1923

doApr. 18,1923Apr. 27,1923May 24,1923June 1,1923June 14,1923

d o .do

July 3,1923July 7,1923July 12,1923July 21,1923July 30,1923

doJuly 31,1923Aug. 13,1923Aug. 14,1923Aug. 27,1923Aug. 30,1923Sept. 1,1923Sept. 6,1923Oct. 5,1923Oct. 8,1923Oct. 22,1923Oct. 23,1923Oct. 29.1923

.doNov. 8,1923— .do

do-____doNov. 9,1923Nov. 10,1923Nov. 13,1923

doNov. 14,1923

doNov. 16,1923Nov. 19,1923Nov. 21,1923

dodo

Nov. 22,1923Nov. 28,1923Dee. 6,1923Dec. 10,1923Dec. 11,1923. — . d o - —_.Dec. 14,1923Dec. 17,1923

doDec. 18,1923

doDec. 20,1923Dec. 21,1923

dO--_-_.Dec. 26,1923Jan. 2,1924Jan. 21,1924Jan. 24,1924

dodo

Jan. 28,1924,Feb. 6,1924Feb. 7,1924

do.__doFeb. 9,1924__do

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Page 252: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY 245

appointment of receiver, and closing, with amounts of nominal and, additional assets,assets, expenses of receiverships, claims proved, dividends paid, and remaining

Nominal assets at date of

Est imatedgood

$81, 57130, 701

210, 3741,314,132

213, 68145, 299

182, 688112, 93663, 69158,182

94, 36688, 029

108,961478, 878

15, 95180, 6304.1, 304

219, 28035, 274

547, 977153, 31788, 99679,13113, 33875, 25756,17658, 678

112,400166, 679458, 659404, 632

38, 39579, 658

107, 24413, 84947, 36115, 85869, 998

321, 654180, 421413*. 189457, 554123, 51189,13122, 70719, 74595, 35846, 63280, 05657, 57412, 83060, 36531, 23740[92337 83019' 849

242, 350103, 03146, 657

357, 81038, 08645,048

125, 68133, 605

1, 748, 84398, 731

297,84086, 439

731,79817. 44636, 597

100, 653117, 758337,212

Estimateddoubtful

$90,142371, 762194, 391167,913112, 832257, 777230,932172. 844117', 02937, 31231,174

122, 99817, 833

114, 303255,458

30, 367143, 859129, 679566, 071105, 392516, 671257, 311156,148218, 301

48, 353150, 85531, 31648,843

113, 607652, 820846, 395171, 99050, 025

149, 623103,05057, 79974,35456, 628

159, 664169,83748, 653

174* 93253, 910

847, 636156.379103, 412119,835

41, 582129, 29295,280

119, 943145, 55129, 92899, 313Si', 959

111 27694' 211

299,147103. 632138.147190, 57324,320

175, 697113, 96263 939

746,' 25048,156

160,685143, 983220, 201153, 68376, 26867, 235

102, 560428, 037

suspension

Estimatedworthless

$405, 582191, 894211,101

43, 730451,201

63, 79836,049

141,12633, 06642, 676

179, 53066,03428,640

138,678575, 56341,59242,626

170, 847235, 987115. 343201, 869194,16545, 04057, 715

231, 38465, 710

318,47815 58879', 202

297,20157, 90254, 69633, 57486, 07876,10260, 287

171, 96716. 55348, 663

233, 22754. 570

320* 416520, 999672, 204

77,02560, 21872. 75784, 886

142,06259, 72586, 29236,97735,67627,32122,'08574,29475'580

140,19675,57753, 270

111, 56325, 831

211, 36874,91869, 802

458, 54743,64796, 31741, 049

215, 32291,90946, 11147,40030,083

381, 524

Additionalassets re-

ceived sincedate of

suspension

$41,38326. 65840, 401

263,11235,11211,61725,198

152,94423, 84713,73823, 23416, 34129,59621,94643,165

2,6158,2385,429

109, 85627,29067, 61217, 35452, 849.15, 0494,4667,5365,672

12,11237,99084, 07735,44219,1429, 7764,914

77, 4704.2929,1197, 540

26,75843. 19927,07634^ 805

123, 21871,64722, 30713, 07933,69821, 79311,9346,4756,4101,0946,1182, 401

13^ 74411,3279^715

33, 37722,10818,85578, 4706,475

32, 88617, 625

138' 02113,06139,10021,19873, 78623,162

7,67220, 56631,98495, 713

Total assets

$618, 678621, 015656, 267

1, 788, 887812, 826378, 491474, 867579, 850237, 633151, 908233,938299, 739164, 098383, 888

1, 353, 06490, 525

275, 353347, 259

1,131,194283, 299

1, 334,129622,147343, 033370,196297, 541299, 358411, 642135, 221343,199

1, 200, 7771,398, 398

650, 460131, 770320, 273363, 866136, 227302, 801

96, 579304, 983767, 917310, 72094.3. 342

1,165) 0811, 714, 998

344, 842199, 416246, 035243, 619329, 920241. 536270, 219196, 452132,087160, 272158,711234, 727199; 355715,070304, 343256, 929738,416

94, 712464, 999332,186175,109

3,091,'661203, 595593, 942292, 669

1, 241,107286, 200166, 648235, 854283, 285

1,242,486

Offsetsallowed

and settled

$20, 6432,047

54, 355218, 567

44, 97220,22130, 804

159,1957,904

14,224160

24,80310, 2573,979

111, 1713,7716,534

94. 570238,448

21560,36822,35316, 68228,173

4,58922, 4889,440

43, 67648, 58637,899

4,1128,1831,767

12,1451,7785, 4101. 498

10C29739, 26145, 16 J13,051

119, 39825,14715,79625,11048, 023

8,11018,8817,4175,429

41323,630

2973,0182. RSO8; 879

56, 6535,8567,255

200, 45324, 70415,05314,9862,282

367,066% 907

20,16913,040

105, 6175, 8636,273

10,84626,96840,311

Loss on assetscompounded01 SOICL IHlUCr

OlClei OI Uuul I

$154, 71513, 366

192,81777,122

50043,872

148, 67628,961

7, 54119,138

9,45680,9972,249

11, 642149, 807119,90137, 369

698, 015142, 536

3,7501,6505, 875

27, 414

80, 84111, 84018,965

9111, 329

15, 23792, 38219, 6202, 783

14, 21030, 879

4, 00013, 47415, 596

7, 1119,7492,5231.730

190, 36625,18413,2114, 7823, 569

9,809

17,14128, 548

7, 9856. 898'325

1,533907

116, 08329, 88510, 770

12188, 513

6,802375

4,4105,258

65,371

67567667767867968068168368468568668768S68969169369463569669769869970070170270370470670770870971071171371471571071771871972072172272372472572672772872973173273373473573673773873974074174274374474574C747748749751752753754755756

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 253: Annual Report of the Comptroller of the Currency 1925

246 REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 43.—National banks in charge of receivers, dates of organization,amounts collected from all sources, loans paid and other disbursements, losses onassets returned to stockholders to year ended October 31, 1925—Continued

675678677678679680681683684685686687688689691693694695696697698699700701702703704706707708709710711713714715716717718719720721722723724725726727728729731732733734735736737738739740741742743744745746747748749751752753754755756

Nominalvalue of

remaininguncollected

assets

$312,308396 306177,162150, 521533. 397261,227241,467146, 60195, 59249, 520

181, 382169, 601

71, 786209, 725662,07657 756

191, 82712, 789

481, 215186 190

15,369261, 585

187, 813263 163161 487305, 632

72, 619112 545770, 343788, 022487 41882, 949

235.6122-51 915

220, 32408, 787

155,713415,405

99, 978451, 670548, 956

1,048, 081239, 540113 5G3127, 585135, 649

72130,954179, 914178 50474, 307

123 23690. 690

174, 70395,158

406, 704172, 750139, 648361, 513

54, 081300,214216, 572135,181

1,455,311128, 491390, 420206,167574, 015197, 027100,082101, 750145, MO835,139

Assetsreturnedto stock-holders'

agent

$182,645

Collectedfromassets

$131, 012209, 296231, 933

1,342,677234,457

96, 543158, 724125, 378105,17688,16444, 85586,19782, 055

160, 728498, 820

26, 74965. 35090. 093

291, 63059, 525

560, 377195, 673139,956152, 56028, 503

105, 86883, 52253,162

106,137370, 008553, 512158, 93039, 72781, 56584, 56942, 06757, 44723, 511

124, 763282,372165, 581474, 621473, 853626,17482,39550 99467, 90498,130

120, 60177, 98171,66512, 75330, 58136 73955,19457, 39478,177

225,165125, 742102, 041169, 55215, 602

148,19999, 72137, 646

1,152, 60142, 312

172, 58373,450

372, 96276, 50859. 918

118; 848105, 749281, 665 •

Collectedfrom

assessmentupon share-

holders

$29,96910,70048,183

100, 00016,264

5, 0489,075

21, 6005,2723,400

19,8096,300

10, 97562, 256

5002, 5258.452

42, 0002,000

27, 3734,000

2,47858,42513, 6605, 3698, 659

13,13726,49231,449

2, 74 *>7, 3463,8002,7807,800

21, C0011, 66011,00028, 6C018,42925, 84698,40038, 824

5, 2259 000

11,8244,500

10, 977500

1,0001 0006,409

10 9509,5056,6086,350

13, 20424, 2608,091

12, 035979

6, 8006,1521,750

43,5008,500

12, 88012,00019, 95518, 77510, 60014, 90316, 04774,623

Totalcollections

from allsources

$160,981219,996280,116

1,442,677250, 721

96, 543163, 772134,453126, 77693, 43648, 255106, 00688,355

171, 703561, 07627, 24967, 87598, 545

333, 63061, 525

587, 750199, 673139, 956155, 03886, 928

119, 52888, 89161, 821

119, 274396, 500584, 961161, 67647, 07385, 36587, 349495 86779,34735,171

135, 763310, 97218-1, 010500,467572, 253664, 99887, 62059, 99479, 728

102, 630131, 57878,48172, 66513, 75336, 99047. 68964; 69964,00284, 527

238,369150, 002110,132181, 58716, 581

154, 999105, 87339, 396

1,196,10150, 812

185,46385,450

392, 91795, 28370, 518

133, 751121, 796356, 288

Securedand

preferredliabilities

paid

$97, 855163, 822208, 088238, 577177, 73968,42945,13461,41765, 63553, 93211.16153,683

. 20,473132,802207,800

17, 80235, 97655, 280

171,61249, 590

277,920152, 648103,10457,11278, 22377, 04259,43831, 71282, 585

201, 903451, 902135, 66230, 61354, 37355, 89717, 88342, 52913, 82326, 694

100, 931108, 675412,063

79, 509508, 54840, 99235, 65134,00962,04475, 68533,10546,344

18410,40734,20144,16641,51341, 626

137, 600111,09942,418

117,5364,507

61, 70147, 85029, 558

595,36028, 82498,09066, 582

193, 55630, 59534,18770, 08458, 378

212, 674

Dividendspaid

$30,157

44, 5551,072, 668

47, 901

94, 95640, 57846, 84422, 700

20,17050, 508

244, 902

33, 64861,933

225, 074

20,97762,022

10, 522

88, 778

9,964

12,22690,59493, 01743,423

407,288

28, 90216, 73612,119

8,810

23,15366,47423,41519,54531,3794,415

51, 55936, 882

463,427

44, 893

78.2162i; 35713,47831, 88532, 084

Legalexpenses

$6923,6281,2052,009

4311,653

8503,1681,212

6873,6373,180

5921,0255,885

60903

1,4269,8661,2145,684

1302,951

5943,267

85049610345

1,89113,998

66290362778825507123

2,4048,9461,0234,7743, 8414,204

759

383499225599763

471,658

3851,594

50354

15825

57325

3,354319893

19,106148

1,5211,2422,5591,2061,0031,9533,9701,505

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 254: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTEOLLEB OP THE CUBBENCY 247

appointment of receiver, and closing, with amounts of nominal and additional assets,assets, expenses of receiverships, claims proved, dividends paid, and remaining

Receivers'salary

and otherexpenses

$17, 59921, 85715, 54832, 20515,92911, 51115,12013, 7409,110

10, 8916,505

13, 73411, 47012, 71920, 4536,029

10, 6097,184

28,5504,684

25, 06819,98110,17320, 445

65913, 70012, 9946,2698,710

22, 80435, 91025, 0327,301

10, 4478,9398,3857,5761,744

11,76316,80214,41836, 99114.21225, 3339,4426,2409,551

11, 2768,0419,1769,0363,8806,9543,1208,4407,8108,571

12,24012,1587,229

12,8393,410

21,84613, 5065,442

64,0106,291

12, 23613, 34016, 90012,0766,9128,007

11, 62723,833

Balance inhands of

comptrollerand

receiver

$14, 67830, 68910, 72097, 2188,721

14,9507,712

15, 5503,9755,226

26,95215, 2395,312

25,15782, 0363,358

20, 387997

61, 6696,037

54,00426,914

14, 8654,779

27,93615,96313, 21527, 93481,12483,151

9168,869

20,18321, 73512,81028, 735

7,2554,308

91,2-7616, 47146, 63967,343

126, 91336, 42718,1036,883

12,07535,50835,60116, 5229,6429,1619,983

10,49914,62910,82322,0553,172

40,91519,2604,224

16, 5397,3163,503

54,19815,54928, 7234,286

101,68630,04914,93821,82215, 737

118, 276

Amountreturnedto share-

holders incash

$2, 751

Amount ofassessment

uponshare-

holders

$50, 00050, 000

100,000100, 00050, 00050, 00050, 00050, 00040, 00030, 000

200, 00050, 00025, 00025, 000

100, 00025, 00025,00050,000

300,00025,00050, 00050,000

25, 00060,00025, 00025, 00025, 00030, 000

100, 000100, 00025, 00025, 00035, 00050,00025,00040,00025,00025,00050, 00025,000

100,000100,000200,00025,00025,00025,00025,00030,00025,00025,00025,00025,00025,00025,00025,00025,00075,00050,00025,00050,00025,00050,00025,00025,000

150,00025,00050,00025,000

100,00050,00050,00040,00025,000

100,000

Amountof claimsproved

$458,148396, 434445, 636

1,929, 410621, 005226, 621379, 824162, 36492, 71257,119

307, 000202, 70791, 837

300, 050803,119

38, 598224, 741146, 293545, 792236, 302899, 630351, 84020, 977

206, 73927, 536

242, 720213, 79370, 447

205, 843908,120702, 234362, 90654, 042

250, 384176, 76099, 646

163, 099<U', 131

229, 862638, 747173, 745796,187905,106834,106261, 819128, 407144, 516126, 828211,436189,196202, 878173, 24658,19045, 68458, 279

159,387115, 770444, 892234,192196, 826314,01544,128

327, 344245,86979, 450

1,853, 707106, 412448, 930172,171822, 674151, 37685, 76498,347

160,4221,009,285

Divi-dends

(per cent)

ex1055. 8338

25254540

1055

30

2310

24

10030

15

10

10

20451525

45

2010

5

15

2015101010101515

25

10

1015152020

Interestdivi-

dends(per cent)

100

Finally closed

Mar. 23,1925

675676677678679680

6836846856866876SH68969169369469569669769869970070170270370470670770870971071171371471571671-77187197?0721722723724795726

72873973173273373473573673773K739740741743743744745746747748749751752753754755756

67746°— 26t 17Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 255: Annual Report of the Comptroller of the Currency 1925

248 BEFOBT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 43.—-National banks in charge of receivers, dates of organization,amounts collected from all sources, loans paid and other disbursements, losses onassets returned to stockholders to year ended October 31, 1925—Continued

7577587607617627637647657677687707717727737747757767777787797807817827837847857867877887897907917947957%797

801802803804805806807808809810811812813814815816817818819820821822823824825826827829830

. 831832833834835836837838

Title aad location of banks

First National Bank, Ronan, Mont__ _First National Bank, Harrison, NebrFirst National Bank, Clarkston, WashFirst National Bank, Carthage, S. DakFirst National Bank, Onida, S. DakCommercial National Bank, Miles City, Mont_Nowata National Bank, Nowata, Okla __.First National Bank, Castlewood, S. Dak.__First National Bank of Clovis, N. Mex _ _.First National Bank, Charlo, MontFirst National Bank, Sidney, Mont „Stoekmans National Bank, Fort Benton, MontFirst National Bank, Fort Sumner, N. MexWells Nat ional B ank, Wells, M inn _First National Bank, Gering, Nebr_ _.Western National Bank, Mitchell, S. Dak._. _ .First National Bank, Coalgate, Okla _ _First National Bank, Mclntosh, S. Dak_First National Bank, Clayton, N. MexFirst National Bank in Deming, N. Mex_First National Bank, St. Anthony, Idaho. _First National Bank, Huron, S. DakFarmers & Merchants National Bank, Fairbury, Nebr_.First National Bank, Golva, N . Dak__ _First National Bank, Lingle, Wyo __Torrington National Bank, Torrington, WyoCitizens National Bank, Jamestown, N. Dak.* _.First National Bank, Poison, Mont ._Farmers National Bank, Parsons, KansMerchants National Bank, Crookston, Minn. .Citizens National Bank, Sisseton, S. Dak.1

First National Bank, Bristow, NebrFirst National Bank, Lake Preston, S. DakFirst National Bank, Hayward, WisFirst National Bank, Plentywood, MontFirst National Bank, Sterling, ColoFirst National Bank, Rocky Ford, ColoFirst National Bank-of Fergus County,Lewistown,MontState National Bank, Albuquerque, N . MexFirst National Bank, Marysville, KansFirst National Bank, Alexander, N . DakFirst National Bank, Pilger, NebrFirst National Bank, Wiisall, MontNational Bank of Commerce, Shawnee, OklaCitizens National Bank, Hankmson, N. DakCity National Bank, El Paso, TexSilver City National Bank, Silver City, N. MexFirst National Bank, Carlsbad, N . MexFirst National Bank, Baker, MontFarmers National Bank, Burlington, ElansDrovers National Bank, East at . Louis, 111First National Bank, Schuyler, Nebr..First National Bank, Morristown, S. DakCity National Bank, Huron, S. Dak.2 _First National Bank, Newcastle, Wyo_Citizens National Bank, Julesburg, ColoFirst National Bank, Basin, WyoFirst National Bank, Lidgerwood, N . DakFirst National Bank, Galata, Mont.2.- _Citizens National Bank, Worthington, MinnFirst National Bank, Poteau, OklaNational Bank of Commerce, Rochester, N . YFirst National Bank, Alexandria, S. DakFirst National Bank, Walhalla, N. Dak.1 . . .Weiser National Bank, Weiser, IdahoCitizens National Bank, Ness City, Kans.2

First National Bank, Cheyenne, WyoFirst National Bank, Lambert, MontFirst National Bank, Bridgewater, S. DakCitizens National Bank, Cheyenne, WyoBristow National Bank, B ristow, Okla .2 _ _First National Bank, Harrington, WashFirst National Bank, Minnesota Lake, MinnFirst National Bank, Rexburg, IdahoFirst National Bank, Ride, IdahoFirst National Bank, Putnam, Conn..

Date oforganization

Aug.JuneMar.Mar.Jan.Aug.Aug.Oct.JuneFeb.Dec.Dec.Feb.Apr.Dec.Sept.Dec.Oct.Dec.Aug.Dec.MayFeb.Apr.Aug.Feb.JuneMar.Nov.Oct.Aug.JuneJulyJuneMayOct.Oct.MayMar.Aug.Jan.Aug.Apr.AugJan.Oct.JuneMayAug.Sept.Apr.Sept.MayJuneMar.Sept.MayMayOct.JuneJan.Feb.JulyMar.Feb.Feb.Dec.Apr.JulyJan.Nov.JulyApr.Jan.Oct.Mar.

31,191028,190716.190320,191617,192015,189523,19022,1901

14,190726.191823,190724,188928.19076,190328.190512.19048,190016,190829,19005,190331,190019,18828,191314.191919.19183,191916.190526.190918.191925,188418.19025,190924.19159,190512,191329,190023.19039,190417.190425,188222,19192,190111,191918,192318.190614,190424,188619.190019,191310.190330,19134,188211.19103,190723,190429,190915.191629.190110.19177.190114.19041,190616,190114.190819.19063,190629,187020.191823.190315,190623.191110,19085.190219.19049,191623,1864

Capitalstock

$25,00060,00050,00025,00025,000250,00025,00025,000100,00025,00050,000200,60025.00075,00025,000100,000100,00025,00075,00040,00050,0006-5,00060,00625,00025,00035,00050,00025,000100,00075,00050,00040,00025,00050,00060,000100,00060, 000300,000200,00075,00025,000SO, 00025,000100,00030,000500,000100,000100,00025,00055,000200,00050,00025,000

25,00025,00035,00050,00025,00025,00025,000

1,500,00025,00025,00075,00045,000200,00025,00025,000100,00025,00050,00025, 00050,00025,000

150,000

Receiverappointed

Feb.Feb.

. do.

. do-do

Feb.Feb.

. do.Feb.

. do.Feb.

- do-. do.-__do-. do.Feb.

. do-Mar.

. . . do -Mar,

doMar.Mar.Mar.Mar.

. do.Mar.Mar.Mar.

-__do.

9,192412,1924

15,192419,1924

20,1924

26,1924

27,1924

1,1924

" 4,1924"

14,192415,192418,192419,1924

21,192422,192424,1924

...do-.-

...doMar. 28,1924Mar. 29,1924Mar. 31,1924Apr. 5,1924

doApr. 12,1924Apr, 14,1924Apr. 15,1924

do.Apr. 22,1924

doApr. 28,1924Apr. 30,1924May 8,1924May 14,1924

do.May 20,1924May 21,1924May 22,1924May 24,1924

dodo

June 12,1924do

June 14,1924June 17,1924June 18,1924June 19,1924June 2~M924~June 23,1924

dodo

July 3,1924July 9,1924July 16,1924July 18,1924July 21,1924

do.Aug. 6,1924

doAug. 11,1924

doAug. 13,1924

1 Restored to solvency. 3 Receiver appointed to complete unfinished liquidation.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 256: Annual Report of the Comptroller of the Currency 1925

REPORT OP THE COMPTROLLER OF THE CURRENCY 249

appointment of receiver, and closing, with amounts of nominal and additional assets,assets, expenses of receiverships, claims proved, dividends paid, and remaining

Nominal assets at date of suspension

Estimatedgood

$30; 884205, 67598, 88758, 57269,633

806,234288,368168, 897

27,339470, 454252,12685, 609

393, 70050, 628

196, 375463,871

59, 23075, 621

106, 843193, 783938, 783162, 37922,91447, 11148, 570

56,400313, 273752,444

97,07179, 237

181,021133, 898269,033162,213

1,473, 8571,086,248

128,02898, 263

116, 0554,544

498, 56061, 532

1, 595, 305238, 727229,14389,083

187,375365, 514183,09810,602

231,64090, 751

181, 300152, 343

225,236105, 66467,500

377, 651

131,765

2, 797, 97234,053

153, 7941,020, 533

1, 050242 77493, 395

132, 27823,120

1,883, 750

Estimateddoubtful

$155, 788247, 817170,037165, 09879,432

946,948240. 028

53; 24628, 00052, 56132, 690

798, 01161,865

901,924253, 229509, 732345, 544103, 589217, 934252,457206, 458851, 487

91, 50676,45452,91446, 686

109, 949112, 264557, 258

85,731109,207161, 661191,366566, 659152,393

2,307,203905, 692414,224112,856138, 97233,162

449, 972107, 787

3,381, 887384, 564691,804110, 292218, 309351,033331, 264100,832

320, 87697, 738

116,219504, 763

214, 64399,147

1, 337,08512$, 306

433, 357

2,820,49727, 599

133, 845843,631

120,621181, 730184, 31634, 286

186, 081

Estimatedworthless

$34,080107,309

15,439129, 011

54, 917677,140115, 81164,991

2,521290,148453.15620,17015, 871

113, 727261,195161, 52148,94593,915

156, 092218, 988265, 51114S, 92535,84267, 22450,498

51, 548107,480344, 707

50,038201,387295,10758, 241

282,73376,017

833, 221581, 873297,13387,29974,01647,363

264, 22497,130

357, 977616, 748

71, 37258,52977, 534

164, 452164, 900109, 723

143,38386, 93044, 739

200, 587

102, 413166,441

2,271,29264,035

551,491

585,84276,03435, 20275, 833

29,40245, 246

503, 666188, 481182, 201

Additionalassets re-

ceived sincedate of

suspension

$10,99028,05918, 773'9,349

W, 72455,89156,47417,429

2433,554

37, 53938,730

5,42164,28636, 20852, 89250,76417, 88118,15113, 24135, 24188, 99525, 620

7925, 6397,449

42, 92955, 26970,405

" 15,58110,02223, 5218,030

45, 457108,660227, 261

94,507120,948

13,81742,1012,702

105, 61710,177

1, 254, 9T3127, 250276,13222,05330, 86613, 89811,1566,091

45, 96015, 6.2228, 73642,104

41, 47110,668

141, 40212,841

34, 505

215,6462,1038,064

£8, 7702,1989. 696

59,1,4211, 7S21,334

104,977

Total assets

$231,742588, 860303,136362, 030214, 706

2,485, 213700,681304, 563

28, 24385,975

830.8311,542', 023

173,0651,375, 781

453, 792%, 02G, 1941,021. 700

229, 645405, 621528, 633654, 470

2,094, 776428, 430136, 002172. 838153, 203

260,826588, 286

1, 724, 814

248,421399, 853661,310391, 535

1,163, 882499, 283

4,841, 5422, 668, 320

960, 333312, 235371,14487, 771

1,318, 373276, 626

6, 580. 0821, 367, 2891, 268, 451

279, 957514,084894, 897690, 418227, 253

741, 859291,041370, 994899, 797

533, 763381, 920

3,817, 279583, 833

1,151,118

6,419, 957139, 789330,905

1,999, 0878 ^ 8

402, 493370, 513831, 992247, 221

2- 357,009

Offsetsallowed

and settled

$9,09250, 55410,82010,466

2. 06589; 00958, 9031,908

5,17810,32919,03010, 23666, 05831, 60916, 39931, 22414,4909, 6074, 7815, 321

74, 34127, 804

1, 6253,4858,110

18, 30829, 348

150,687

8, 2375, 678

67,1313, 567

88,92;023,117

S53,039192, 57160,25712,6005,395

52590.3822,746

484, 733172, 88630,11014, 90619,28926,94542,8443,179

29,92618, 34533, 68619,335

43,61731, 781

28,737

15, 326

453, 9602,-945

22.028170; 362

6,17327,02717, 594•1,101

172,472

Loss on assetscompoundedor sold underorcicr 01 court

$8,443

22,19519, 776

5, 80329, 689U, 529

1,400546563

67, 00611,34411,9396,1089,780

35, 30078, 668

9001, 819

34,123

3, 885124

5, 73882. 60976, 257

40,16619, 227

376,136

"""774"•48, 86828, 77168,40450,1192,310

30,4681,199

38,05220,868

151, 965536,35234, 626

254, 570

27,44918,404

40

7,9892,280

370,118

28,11210, 398

156, 069116, 571

63,2531, 2466,103

12, 336

2575, 24217, 5154,096

757758760761762763764765767768770771772773774775776777778779780781782783784785

787788789790791794795796797798799801802803804•805808807808809810811812813814815816817818819820821822823824825826827829830831832833834835836837838839

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Page 257: Annual Report of the Comptroller of the Currency 1925

250 REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 43.—National banks in charge of receivers, dates of organization,amounts collected from all sources, loans paid and other disbursements, losses onassets returned to stockholders to year ended October 31, 1925—Continued

757758760761762763764765767768770771772773974775776777778779780781782783784785786787788789790791794795796797798799801802803804805806807808809810811812813814815816817818819820821822823824825826827829830831832833834835836837838839

Nominalvalue of

remaininguncollected

assets

$148,145315,326158, 554237, 986151, 849642,155354, 652193, 04816, 80048, 519529, 612

1,123, 07184, 990661,167304,999603, 979695, 736157, 802283, 999293, 650519, 911

1,480,479138,160105, 662111, 887110, 079

Assetsreturnedto stock-holders'

agent

Collectedfromassets

$66,062222, 980111, 56793, 80260, 792749,186257, 43798, 07811, 44332, 278289,490399, 37677, 276

581, 550105, 840387, 877288, 63247, 57376, 715151, 534128 338,538,137228, 34328, 71553, 63134, 890

Collectedfrom

assessmentupon share-

holders

$1, 26224,0008,546

11,1936,000

41,40422, 5239,875

7,46020,450100, 27514, 60013, 9006,284

44, 6754,7004,000

11, 8595,548

16, 39114,10032, 209

1,8501, 650

14, 625

Totalcollections

from allsources

$67,324246, 980120,113104,99566, 792

790, 590279, 960107, 953

11, 44339, 738

309, 940499, 65191,876

595,450112,124432, 552293, 332

51, 57388, 574

157, 082144, 729552, 237260, 55230, 56555, 28149, 515

Securedand

preferredliabilities

paid

$32, 75267, 51625, 76462, 98543, 066548, 246139, 52958,311

50913, 461

205, 713346,98354, 378167, 32658, 852317,896223, 59926, 97951, 61686,42688, 495352, 99296, 86418, 70334, 76731,847

Dividendspaid

$12,396147, 994

69, 688

149, 64931, 361

16, 783

26,177153,32532, 654

105, 734

Legalexpenses

$1, 2861,534

805450436

3,0084,6961, 743

6402,236

634844

4,9791,520

1785

650954

3,133339

2,23810,371

1851,626

741

180, 324122, 372572, 330

56, 456353, 957925, 540

7,37580, 20013, 957

63, 831434,157939, 497

33, 795138, 97235, 825

249, 688743, 254

1,1674,9716,048

110, 645254, 88967,283343.134650,126214, 571

2, 943, 8891,143, 974454, 534232, 743241.13551, 660

679, 624137, 880

3, 214, 685

734, 775140, 566296, 579426, 345390,055157, 493

89,439120, 059150, 76044, 834424,062212, 727

1, 515, 8431,263, 371395, 42364, 58294,14634, 387510, 315115,132

2, 738, 699658,051468, 940124,460193, 646414,158239,11566, 541

35,0601,9322,0008,00024,65016, 700123, 686139,1679,3677,2157,1501,844

6,337296,46143, 26376, 47514, 97026, 49965, 98018,00010, 725

124, 499121, 991152, 76052,834

448, 712229, 427

1, 639, 5291,402, 538404, 79071, 797

101, 29636, 231

% 510,315121, 469

3,035,160701, 314545, 415139,430220,145480,138257,11577, 266

43, 69169,06132, 73827,028237,01675,153545, 837697, 260165, 59433, 69575,15225,925299, 48138,180

1,684, 948345,174289, 53468, 59171, 444

208, 08571,28749, 600

47, 08527, 498

84, 879100, 271

437, 907213, 429

176, 40660,685789, 379340, 704164, 73959, 23372, 578

247, 941124, 392

2,8002,8352,196221

3,713752

8,8784,3512,582748

1,811258

1, 8251, 78814,694

4141,254354

1,2892,584624249

451, 732177, 924185, 830

252, 21292,492151,478510, 344

5,76010,01511, 65022, 305

257, 972102, 507163,128532, 649

137, 65571,12537,280176, 819

27, 706328,403

2,771827

3,225

316, 081209, 220

3,143,827

195, 953130, 521517, 383

8,7508,500

438, 525

~276,~476

10,600

"16," 425

204, 703139, 021517, 383449,125

101, 55790, 401500, 80180,694

82,91921, 836

356, 766

1,191405

3,0142,340

859, 316 286, 901 185,495 2,219

3, 735, 21679, 274171,374976,6541,944

259,92899, 673

589,610199,103822,627

2,167, 52856,324131,400839, 7151,304

136,392252, 788149, 54629,502

1,357,814

65, 3992,25016,02551,5594,20031,15025,00012, 6197,994

136,912

2, 232, 92758, 574147. 425891, 2745,504

167, 542277, 788162,16537,496

1,494, 726

1,024, 27542, 97646, 826152,423

392122,4S614,388110,18424,481353, £95

812,976

84,277675, 2603,591

1,611316

1.4742,974

193,135

918,605

72,251401511

6,301

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Page 258: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OP THE CURRENCY 251

appointemnt of receiver, and closing, with amounts of nominal and additional assets,assets, expenses of receiverships, claims proved, dividends paid, and remaining

Receivers'salary

and otherexpenses

$7,8477,052

13,42311,1568,194

31,09117, 72211,693

3664,371

10,46115,8536,560

20, 80010,71626,67718,4548,411

14,69815,98819, 75325,40413,8093,6597,5278,593

7,51816, 75031,108

7,25411,15111,0057,701

19, 54617,47554, 58037,24414, 8577,146

10, 2755,220

17, 51811, 37266,94015,02218, 2337, 798

10, 30815, 06412,2377,845

13,13612,20311, 26324,202

8,68312,10812, 2249,325

18,147

50,3327,2499,389

33, 719175

7,9448,3389,2434,422

23,636

Balance inhands of

omptrollerand

receiver

$13,04322,88410,43330,40415,09658, 59686,65236, 20610, 5684,483

91, 530136,181

3,917249,020

8,38287,80151,27415, 53321,30651, 53536,142

171,60333,7748,018

11,3618,334

21,35123, 776

123, 262

23, 66911,386

106, 82117,884

103, 55835, 776

1,030, 234225,776

8,32830, 20814, 0584,828

15, 0859,444

479,199

71, 6453, 454

64, 5266,464

48, 57519 572

23, 43018, 35286, 879

10, 35314, 2711,344

81, 040

343, 7338,0335,459

26,8981,346

37,10559,67642, 3378,082

192, 589

Amountreturnedto share-

holders incash

Amount ofassessment

uponshare-holders

$25,00050,00050,00025,00025,00025,00025,00025,000

100,00025,00050,000

200, 00025,00075,00025,000

100,000100,00025,00075,00050,00050,00065,00060,00025,00025,00035,000

25,000100,00075, 000

40,00025, 00050,00050,000

100,00060, 000

300,000200,000

75, 00025, 00050, 00025,000

100, 00030, 000

500,000100,000100,00025,00055,000

200, 00050,00025,000

25,00025,00035, 00050, 000

25, 00025,000

25,000

75, 000

200,00025,00025,000

200,00025,00050,00025,00050,00025,000

150,000

Amountof claimsproved

$123,964477,795174, 210298,192123, 271

1,482,412376,160245,413

41,653620, 931359, 563

74, 2971,026, 997

324, 466597,393662,274164, 765292,114361, 764538, 518893, 835211,32647,51065, 857

102,101

164,054277,431

1,351, 361

140, 035274, 982621, 017319,170667, 600226, 838

2,657,1111,457, 555

533, 601143, 304190, 43041,377

705, 659205, 572

3, 617, 082453, 432463, 371132, 253362, 394450, 814496, 926

87, 792

504, 774162, 218201, 590606, 793

392, 699262, 956

941, 685

3, 251, 935

210, 6961,350, 533

3,413262, 757324, 529656,312200, 247

1,601,094

Divi-dends

(per cent)

10

40

1010

40

351510

50

9055

3010

1045

3040

253020504045205525

15

1554

2010

82.45

25

4050

100

60

55

Interestdivi-dends

(per cent)Finally closed

" "1

Oct. 7,1925

Dec. 16,1924

iI

100

Apr. 30, 1925

Jan. 15,1925Apr. 20,1925

[

757758760761762663764765767768770771772773774775776777778779780781782783784785786787788789790791794795796797798799801802803804805806807808809810811812813814815816817818819820821822823824825826827829830831832833834835836837

i 838! 839

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Page 259: Annual Report of the Comptroller of the Currency 1925

252 REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 43.—National banks in charge of receivers, dates of organization,amounts collected from all sources, loans 'paid and other, disbursements, losses onassets returned to stockholders to year ended October 81, 1925—Continued

Title and location of bank Date oforganization

Capitalstock

Receiverappointed

State National Bank, Carlsbad, N. Mex. 2 . . .Northwestern National Bank, Livingston, Mont__First National Bank in Clovis, N . Mex__First National Bank, Beaver Creek, Minn___First National Bank, Rudyard, Mont _First National Bank, Groom, Tex ;First National Bank, Ozark, AlaFirst National Bank, Ulen, MinnCitizens National Bank, Centerville, TennNational Border Bank, El Paso, Tex _First National Bank, Alma, WisMerchants National Bank, Grinnell, IowaFirst National Bank, Morgan, Tex __First National Bank, Abbeville, AlaFirst National Bank, Dodge, Nebr _First National Bank, Algona, Iowa _First National Bank, Boise City, OklaFirst National Bank, Ailendale, S. CFirst National Bank, Barnwell, S. CFirst National Bank, Center, TexFarmers National Bank, Dodge Center, MinnFirst National Bank, Torrington, WyoParkesburg National Bank, Parkesburg, PaFirst National Bank, Buffalo, Okla _ .First National Bank, Oldham, S. DakFirst National Bank, Savoy, MontFirst National Bank, Spring Hope, N . CStockmans National Bank, Columbus, Mont.First National Bank, Alexandria, MinnFirst National Bank, Townsend, Mont _First National Bank, Rigby, IdahoPeoples National Bank, Hot Springs, S. DakFirst National Bank, Sylvester, Ga._First National Bank, Salem, S. Dak _Jefferson County National Bank, Rigby, Idaho 2

Neoga National Bank, Neogo, 111First National Bank, Mohall, N. DakFirst National Bank, Excelsior Springs, MoLogan County National Bank, Sterling, ColoFirst National Bank, Buena Vista, GaFirst National Bank, Hampton, Ga.__Perry National Bank, Perry, Iowa _Farmers National Bank, Hempstead, TexFirst National Bank, Crystal, N . Dak___The National Bank of Abbeville, S. CCommercial National Bank, Charleston, S. G._First National Bank, Quincy, FlaNational Bank of Commerce, Pierre, S. Dak__Black Hawk National Bank, Waterloo, Iowa 2Lebanon National Bank, Lebanon, Tenn_First National Bank, Shelley, IdahoFirst National Bank, Brinsmade, N. DakFirst National Bank, Atwater, Minn __First National Bank, Renville, Minn.. __.First National Bank, Idabel, Okla. . .First National Bank, Pleasantville, IowaFirst National Bank, Cavalier, N. Dak _First National Bank, Stevensville, MontFirst National Bank, Wapanucka, Okla.. _First National Bank, Matoaka, W. VaFirst National Bank, Volant, Pa.1

City National Bank, Clarksville, TexFirst National Bank, Montpelier, Idaho..First National Bank, Buhl, IdahoFirst National Bank, Lemmon, S. Dak _Commercial National Bank, Greenville, TexFarmers National Bank, Chandler, OklaFirst National Bank, Bamberg, S. CFirst National Bank, Bandon, OregGeorgia National Bank, Athens, GaOsceola National Bank, Osceola, IowaFirst National Bank, Wimbledon, N. DakFirst National Bank', Hedrick, Iowa2

First National Bank, Jasper, Minn

Feb.Mar.Feb.Jan.MayAug.Feb.Dec.MayJan.MayApr.MayAug.JuneMayAug.Nov.Jan.Sept.Feb.Oct.Feb.Sept.Aug.MayMayJulyJuneJan.JuneMayMar.JulyJuneJulySept.MayOct.Oct.JulyJan.Apr.Sept.Oct.MayMayFeb.Apr.Apr.JulyDec.JuneDec.Dec.Aug.Nov.Feb.Aug.Nov.JuneOct.Aug.Aug.Oct.Nov.Nov.Apr.Feb.O<Oct..Feb.Aug.Oct.

8,191727.191728,19244,1909

29.191816.191913.190512.190331.191017,192416.190628.18833.1902

17,190118.190415.188430,191730.19179,1919

10.19014.19036,1908

27,18802,1907

30,191229.19186,1919

12.19189,1883

31.191113.191923?190811,1902

5', 19019,1919

11,190517,19035,1905

11.190512,190513,19112,19125,1893

12.190516.18855,19144.1904

13,189017.190313.190715.191911,190615,191419.190210.19062,1900

24,19114,19158,19017,191814.19208,19149,190410,191716.190824.190425.192119,192025,191014,19028.19017,190311,39.007.1902

$75,000100,00050,00030,00025,00025,00035, 00025, 00030, 000200,00025,000100,00035, 000100,00050,00050,00025,00050,00050,00050,00030,00050,00050,00025,00025,00025,00050,00050,00060,00050,00080,00025,00050,00025,00050,00025,00025,00025,000150,00050,00050,00075,00050,00025,00075,000200,000100,000100,000200,00080,00025,00025,00025,00025,00080,00025,00025,00025,00025,00050,00025,000200,00050,000100,00050,000150,00025, 00045,00025,000400/00025, 00025, 00025, 00030,000

Aug. 25,1924Aug. 30,1924Sept. 4,1924Sept. 20,1924Oct. 4,1924Oct. 6,1924Oct. 23,1924Oct. 28,1924

do.Oct. 30,1924Nov. 7,1924Nov. 12,1924Nov. 13,1924Nov. 14,1924Nov. 22,1924Nov. 24,1924Nov. 25,1924Dec. 3,1924

do.do -

Dec. 9,1924 |Dec. 16,1924 :Dec. 26,1924Dec. 27,1924Jan. 3,1925

doJan. 7,1925

do.Jan. 8,1925

.do.Jan. 12,1925Jan. 15,1925

do.Jan. 16,1925Jan. 17,1925Jan. 21,1925Jan. 22,1925Jan. 24,1925Jan. 26,1925

do.Jan. 27,1925Feb. 5,1925Feb. 7,1925

dodo.do

Feb. 11,1925do.

Feb. 13,1925.do.dodo.Feb. 14,1925

.do.Feb. 18,1825Feb. 21,1925

.do.Mar. 2,1925

.do

Mar. :Apr.Apr.

Mar. 3,1925Mar. 7,1925Mar. 9,1925Mar. 13,1925

16,19252,19256,1925

Apr. 10,1925do

Apr. 13,1925i Apr. 17,1925' Apr. 22,1925

Apr, 23,1925Apr. 24,1925May 1,1925

* Receiver appointed to complete unfinished liquidation.

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Page 260: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OP THE CURRENCY 253

appointment of receiver, and dosing, with amounts of nominal and additional assets,assets, expenses of receiverships, claims proved, dividends paid, and remaining

Nominal assets at date of suspension

Estimatedgood

$122, 62978,10566, 58813, 04433, 340

209, 28776, 607

171, 843915, 858100, 759728, 525

62, 56281, 215

194, 730510, 551

89, 45385, 65395, 679

157,17369, 229

258,131234, 591

78,46486, 664

6,986171, 58339, 730

226,18826, 919

340,17173,979

317,88273,357

98, 53611, 592

132, 279282,949108,64346, 072

462,489121,388158,311276, 265231,376187, 303597,405

6,60019,86158, 55527.301

105,342202,858109,00698,188

183,49434,15559,946

566, 624

114,95277,160

121,723308,378438, 483113, 95045,073

108, 3241,916, 328

85, 81839, 580

84,230

Estimateddoubtful

$145, 815240, 59089, 37731, 565

9, 82493, 641

146, 58140, 589

754, 48875, 474

286, 48813, 671

114,117295, 553212, 738120, 273200, 41197,13166, 323

417, 62625, 54666,923

146, 527114, 51220, 625

102, 56875,311

330,01352, 930

342, 825101,441105,566106,969

66,30760, 55899, 534

351,68844, 23261, 249

214,831126,969105,849153, 733643,034259,814223,923

131,38550,830

128,634173, 594118, 611156,439114, 209147,202102,570147, 713

5,820

210,730117,32692,454

154,731263, 743153, 301117, 240108, 699743, 757

56, 263104,974

225,61(3

Estimatedworthless

$72,86685,63935,16711, 62013,40169, 00199, 673

8,013200,838113, 448450, 521

20,15786, 533

124,18780, 49323, 857

129,16168,28348, 307

370,42999, 81775,81886,087

105,8802,857

82, 60481.382

493; 467105, 961275,19396,81165,80367,459

49,12685,30019,411

284, 52055, 78044,929

172,32521,14276,571

113,575486,938134,405351,952

90,34249,60212,127

255,420148,063125,051130,45172,3744,616

130,58827

118, 252382.089441,139147,372227,107101,38225,05653, 555

585, 89670,15644,317

206, 922

Additionalassets re-

ceived sincedate of

suspension

$9,8446.2988; 526

199512

38,97813, 862

119, 45944, 944

6,79545,312

3,1533,5943,959

23, 66712,2057,8022,3459,3468,9709,086

74,01251, 8084,7943,4083,2332,196

29,0928,444

23, 80013,82910, 8445,653

2,8843,942

25,35615,676

1,180450

22,9556,1403,5038,1507,374

11,91216,714

1021,8537,4631,3749,145

15,7073,966

62,3923,180

10, 5546,631

265,279

6,12810,8867,2425,077

29,7492,0331,088

10,81520,099

5,6656,951

6,175

Total assets

$351,154410, 632199, 65856, 42857, 077

410, 907336, 723339, 904

1,915,928296. 476

1,510, 84699,543

285, 459618, 409827, 449245, 788423, 027263, 438279,149866, 254392, 580451,144362, 886311,850

33,876359,988198, 619

1,078, 760194, 254981, 789286,060300, 095253,428

216, 853161,392276, 580934,833209,835152, 700872,600275,639344,234551, 723

1,368,722593,434

1,189,9946,702

243,446166,450169,436543,501485, 239394,462405,240406, 250151,895343,876837, 750

450,062587,461662,558615.558959; 082370, 666

- 188,457279, 393

3,266,080217,902195, 822

522, 343

Offsetsallowed

and settled

$27,82815,1442,324

23261

12,08418,17415,815

258, 03311, 48417, 31316,8445, 854

12, 73919,22215,1748,9596,884

25,1028,863

47,23350,08922,78316, 389

1,15422, 7173,624

41, 5581,401

16,79421,76556, 5346,962

13,8422,566

23,15386,925

6903,974

11,07324,477

1,69936,172

3718,28245, b38

4,635648

11,47022,97537,698

3,1897,9039,5362,005

156, 521

16, 2179,5095,350

30,98237,35910,001

1,00811,906

155, 7622,4785,173

7,627

Loss on assetscompoundedor sold underorder of court

$4,469168, 795

798

121,028484, 351

36,163741

23,58967,18216,178

3,000

1, 664

7873,450

23, 74218,066

786

59, 6603,000

10,488

837

640

189,658379

1,313

3,66823,504

1,617810

124,796

7,071

1,8702,515

514

8408418428438448458488478488498508518528538548558568578588598608618628638048G5886867863869870871872873874875876877878879880881882883884885888887888889890891892893894895

897898899900901902903904905906907908909910911912913

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Page 261: Annual Report of the Comptroller of the Currency 1925

254 REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 43.—National banks in charge of receivers, dates of organization,amounts collected from all sources, loans paid and other disbursements, losses onassets returned to stockholders to year ended October 31, 1925—Continued

84084184284384484584684784884985085185285385485585685785885986086186286386486586686786886987087187287387487587687787887988088188288388488588688788888989089189289389489589689789889990090190?903904905906907908909910911912913

Nominalvalue of

remaininguncollected

assets

$Oftl 975

134,37751,28142, 619

360,325264,884

249,1471,149,136

54, 611157,845

564,040159, 097316,318183,397153, 721732,531216,476158, 664235, 935174,490

238, 722169,370706,487160, 258740, 812220, 296211, 261159, 841

133, 400144, 988131, 522595, 473169, 703141,027680, 446185, 003305, 313249, 258

1, 084, 077380, 680738, 802

233, 313115, 512150, 874449, 912268, 887262, 828306,179331, 78296, 492

313, 624430,824

376, 338452, 294367,126371, 036654,993318, 023157, 502168, 739

2,343,272171, 321169,458

422,064

Assetsreturnedto stock-holders'

agent

-----

Collectedfromassets

$116,882226,693

62, 9575,124

14,19737,70053, 665

203, 0611,173, 544

35, 845308,234

27,34798,171

538,488228, 009

71, 51794,75073,157

100, 326123,196128, 871241,604100, 71897, 22914, 65697,76325, 625

271, 05529, 595

224,18343, 99932,30076,147

69, 61113, 838

121, 068252, 43539,4427,699

181, 08165, 51937, 222

266, 29394,950

194, 093405, 854

6,70210,13344, 99017, 91482,119

189, 70970, 43295, 87266, 56545, 86728, 247

250, 405

55, 890124, 848165, 286213, 540259, 65942, 64229,94796, 878

764, 53144,10321,191

92,138

Collectedfrom

assessmentupon share-

holders

$33,43045,7865,8251,5506,475

3036,280

20,46087, 28013,34175,069

80047.90050,00030,5004,250

12,07513, 52516,2007,1744,350

34, 0181,500

15, 561

39,43312, 65040, 9305,493

40, 31911, 8375,8002,200

15, 6501,0004,500

72, 5352,850

18, 85024, 03022, 3755,750

47, 56798,10058, 56438, 35094, 97463, 37515,9041,0006,7001,0001,0507,500

17, 0507,100

34, 450

43, 75040, 894

5,1251,800

52,8254,425

12,34016, 5805,8007,2597,225

6,728

Totalcollections

from allsources

$150,312272,479

68, 7826,674

20, 67238,00359,945

223, 5211,2G0, 824

49,186383,303

28,147146, 071588,488258, 509

75, 767106,82586, 682

116, 526130,370133, 221275,622102, 218112, 790

14, 656137,19638, 275

311, 98535, 088

264, 50255, 83638,10078, 347

85, 26114, 838

125, 568324, 970

42, 29226, 549

205, 11187, 89442, 972

313, 860193,050252, 657444, 204101, 67673, 50860, 89418, 91488, 819

190, 70971, 482

103, 37283, 61552, 96728, 247

284, 855

99, 640165, 742170, 411215, 340312,48447,06742, 287

113,458770, 33151,36228,416

98,866

Securedand

preferredliabilities

paid

$74,832192,36940, 6553,996

10, 84826, 31833,12435, 62391, 5386,351

192,3099, 365

11,446128, 737137,34059,85253,31139,94426, 50077, 54727,92070,41536, 39630, 7316,644

10, 64110,23772, 01918, 994

180, 6205,942

17,15835, 515

47, 7614,0311,788

188, 74130, 410

5, 57765, 29729, 28422. 92320, 78460. 995

113, 25338,90294,974

30, 5009,321

36639, 35441, 59562, 076

1,58922, 42811, 85245, 838

27,12669, 84393, 726

87051,163

6328, 69259,116

628,99318, 570

35

52,338

Dividendspaid

$56,67951, 3 01

178, 6281,136,115

9,276109, 246456, 678

58, 203

70,493171, 541

52, 8767,035

77, 864

82,160

15, 991

82, 792

274, 568

65, 719

12, 292

128,152

Legalexpenses

$2663,653

9914718

333645

2, 7573,069

7341,837

258562257857

579025

942• 1, 522

205

458439

512,8802,0381, 772

208903381

122 !

11088

242484

26

479647

579824309

2,716

40

2

1,06734

33

14068

551120

1,60968

22213

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Page 262: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OP THE CURRENCY 255

appointment of receiver, and closing, with amounts of nominal and additional assets,assets, expenses of receiverships, claims proved, dividends paid, and remaining

Receivers'salary

and otherexpenses

$9,29410,1525,540

7903,6515,9086,2796,513

30,1027,7239,3993,8506,7992, 816

11,2974,2463,7733,1816,9998,1845,668

11, 5305,4315,878

9268,4184,431

10, 5583,5459,2724,7812,0985,486

3,7982,7337,3827,3754,5292,9199,0034.6283^7746,4938,5314,984

11, 700

3,0202,8293,7264,8678,5424,3315,0243,0173,9035,260

8,9816,1264,3645,870

10,8364,4311,3323,134

12, 9712,3521,498

3,762

Balance inhands of

comptrollerand

receiver

$9,24115,00421, 596

1,8416,1555,446

19,897

34, 378179, 758

5,39818, 018

109,01511,61249,65143, 53223,88243,11728,93522,13659,93322, 866

37, 40721,569

145,47612,34173, 70744, 73218,84437, 224

17,6017,986

116,15645, 578

7,32718,053

130,33253,33516,27511,436

122,70068, 392

390, 8866,702

73, 50815,0426,764

84,72518,33620,27836,93177,00227,52212,459

233, 757

63,39389, 70571, 770

208,480248,87642,50512, 26350, 986

128, 35430,44026,883

42, 766

Amountreturnedto share-

holders incash

Amount ofassessment

uponshare-

holders

$100,00050,00030,00025,00025,00035,00025,00030,000

200,00025,000

100, 00035, 000

100,00050,00050,00025,00050, 00050,00050,00030, 00050,00050,00025,00025,00025,00050,00050, 00060,00050,00080,00025,00050,00025,000

25,00025,00025,000

150,00050,00050,00075,00050,00025,00075,000

200,000100,000100,000200,00080,00025,00025,00025,00025,00080,00025,00025,00025,00025,00050,000

200,00050,000

100,00050,000

150,00025,00045,00025,000

400,00025,00025,000

30,000

Amountof claimsDroved

$144,653128, 253105, 71716, 52632,400

262, 961251, 890190, 080658, 013255, 519

1,057,67146,437

145, 6616, 023

700, 944108,134295, 890175,434233, 729568,415201, 388343, 358131, 819224, 099

5,995283, 276

63, 251821, 596

71,317607, 111150,330

51,821141,833

106, 60465,477

186,199429,410105,03894,097

531,841160, 781249,191392,244923,116275, 738891, 628

137,000123,226111,031452, 631366,359168,975235,479332,945

75,30890,576

459, 551

118,801249,950233,036517, 785390, 895207, 996102,197145,052

7,410188,16872,096

288,420

Divi-dends

(per cent)

4040

92. 49675

2075

100

25

3550

2510030

10

15

20

70

25

10

35

Interestdivi-

dends(per cent)

100

Finally closed

Sept. 30,1925June 28,1925

Mar. 31,1925

Sept. 30,1925

July 15,1925

8418428438448458468478488498508518528538548558588578588598608618628838648858668G7808869870871872873874875876877878879880881882883884885

894895

897

900901902903904905906907908909910911912913

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Page 263: Annual Report of the Comptroller of the Currency 1925

256 REPORT OF THE COMFT&QIuLEE OF THE CURIfcEN€Y

TABLE: No. 43.—National banks in charge of receivers, dates- of g ^amounts collected from all sources, loans paid and other disbursements, losses onassets returned to stockholders to year ended October 31, 1925—Continued

Title and location of banks Date oforganization

Capitalstock

Receiverappointed

914

915916917918919920921922923924925925927928

931932933934935936937938939940941942943944945946947

First National Bank of Las Vegas, East Las Vegas, N.Mex „.

First National Bank, Conyers, Ga .Hugo National'Bank, Hugo, Okla_ ___First National Bank, Carnegie, PaBurgettstown National Bank, Burgettstown, Pa . .First National Bank, Selma, N. CFirst National Bank, Madison, S. DakFarmers National Bank. Louisburg, N. C _First National Bank, Florence, S. C _First National Bank, Clear Lake, S. Dak._. ___,First National Bank, Grand on, WisCity National Bank, Hugo, OkiaFirst National Bank, Springer,. N. MexMerchants National Bank, Detroit, MinnFirst National Bunk, St, Cloud, MinnFirst National Bank, Simla, ColoFirst National Bank, Abercrombie, N. Dak ._First National Bank, Wausa, Nebr.First National Bank, Redwood Falls, Minn _First National Bank, Lumberton, N. CFirst National Bank, Walters, OkiaFirst National Bank, Lake Park, MinnFirst National Bank, Sbeyenne, N. DakFirst National Bank, Devol, Okia _First National Bank, Dell Rapids, S. DakGlobs National Bank, Denver,. Colo.. _First National Bank, Libby, Mont.First National Bank, Warren, Minn. _ .___First National Bank, Winifred, Mont __First National Bank, Hallock, Minn_ ___First National Bank, Buffalo, Minn _Manilla National Bank, Manilla, IowaLove!and National Bank, Loveland,. Colo. __Winner National Bank, Winner, S» Dak

Total..

Aug. 25,1879Sept. 3,1918Apr. 11,1905May 16,1892Jan. 25,1879May 7,1915Mar. 29; 1884Aug. 1,1912Mar. 23,1910June 28,1922Mar. 16,1909Feb. 10,1922Oct. lS,i919Feb. 9,1905Sept. 25,1882May 10,1919Aug; 25,1906Mar. 27,1911Mar. 11,1901July 21,1904Jan. 10,1903Feb. 10; 1904Aug. 28,1907Nov. 4,1919Apr. 21,1880Feb. 5,1920Oct. 25,1909May 18,1901May 17,1917Aug. 5,1903June 7,1917Nov. 12,1901Feb. 14,190(5Sept. 20,1921

$200,00075,000

200,000100, 000100,00030,00050,00025,000

150; ooo25,00050,000

100,00050,00060,000

250,00025,00025,00075,00070,00050,00050,00025,00025,00025,00060,000

200,00040,00050,00025,00060,00050,00025,000

100, 00060,000

May 4,1925May 12,1925

do- ..do.

May 14,1925May 16,1925May 21,1925May 22,1925

.doMayMayJuneJuneJuneJuneJuneJuneJulyJulyAug.Aug..Aug.Sept..Sept.Sept.Oct.Oct.Oct.Oct.Oct.Oct.Oct.Oct.Oct.

25,192529,19255,1925

15,192522,192524,192525,192530,19259,1925

29,19254,1925% 1925

24,19258,1925

17,192526,1925

1,19256,192510,192515,192516,192517,19252U, 192522,192524,1925

23,105,000

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Page 264: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OP THE CURRENCY 257

appointment of receiver, and closing, with amounts of nominal and additional assets,assets, expenses of receiverships, claims proved, dividends paid, and remaining

Nominal assets at date of suspension

Estimatedgood

$432,11969,206

462,9721,138, 223

975, 738165, 454237,38470,087

1,360, 861146, 042242, 760105, 551183,276151,253686,88844, 508

106, 552221,01288, 616

398, 70194,835

79, 534,09&

Estimateddoubtful

$321,751155,373397,029511,485497.425104,954207,006

50,26987,000

165,713232,165107,02130, 540

273,8381,451, 826

35, 68189, 517

253,375303,046105, 297138,374

82,287,038

Estimatedworthless

$353,19056,230

494,309317, 405524, 29029,654

279,242

208,973158, 70443,489

167, 57150.267

204; 814398,048

36,14858, 524

305, 255127,066124,82363,640

48,870,768

Additionalassets re-

ceived sincedate of

suspension

$21,4031,093

39,25010,62811,719

1,4093,4921,661

14,93410,1608,8397,8412,2403,517

27,096632

4, 5935,2567,8052,953

718

17,459,251

Total assets

$1,128,463281,902

1,393, 5601,977, 7412,009,172

301.471727,124131,017

1,671,768480, 609527, 253387,984266, 323633, 422

2, 563, &38116. 967259,187784,898526, 533631, 779297, 567

Offsetsallowed

and settled

$90,351179

86,28380,02139,976

1838,5493,222

108, 9453,6437,9576, 4234. 397

15, 24938, 4332,8485,8045,6545,8201, 386

228,151,155 14, 947,055

Loss on assetscompoundedor sold underorder of court

$16, 236

68,425

16, 914, 760

914915916917918919920921922923924

926927928

930931932933

QQt-

936987

939940941942943944945946947

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Page 265: Annual Report of the Comptroller of the Currency 1925

258 REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 43.—National banks in charge of receivers, dates of organization'amounts collected from all sources, loans paid and other disbursements, losses onassests returned to stockholders to year ended October 31, 1925—Continued

914915916917918919920921922923924925926927928929930931932933934935936937938939940941942943944945946947

Nominalvalue of

remaininguncollected

assets

$811,687263,041

1, 050, 7961,008, 2391, 262, 883

265,167645,158115,195502,761443,449383, 783336, 505199, 200533, 925

2,305, 08890, 658

193,305722, 911458, 001469, 766295,112

111, 293,121

Assetsreturnedto stock-holders'

agent

$182,645

Collectedfromassets

$210,18918,682

256,481889,481706,31336,12173,41712,600

991, 63733, 517

135,51345, 05662, 72684, 248

220, 33723,46160, 07856,33362, 712

160, 6272,455

84,813,574

Collectedfrom

assessmentupon share-

holders

$19,1501,803

24,006500500

5,4879,475

275

1,72514, 8903,0982, 000

19, 88313,3255,5754,1005,5001,0166,640

7,099,143

Totalcollections

from allsources

$229,33920,485

280,487889,981706, 813

41, 60882, 89212,875

991, 63735, 242

150, 40348,15464, 726

104,131233, 66229,03664,17861, 82363, 728

167, 2672,455

91,912,717

Securedand

preferredliabilities

paid

$37,83517,291

164,552111,11970,46020,26441,2573,208

325,3215,440

49, 52713,17340, 28252,378

111,5124,904

13722,53715,21580,054

39,114,349

Dividendspaid

$566,481

646, 758

32,653,156

Legalexpenses

$373

301

589

5340

17634388

4571712

7

977,317

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Page 266: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CXJEEENCY 259

appointment of receiver, and closing, ivith amounts of nominal and additional assets,assets, expenses of receiverships, claims proved, dividends paid, and remaining

Receivers'salary

and otherexpenses

$6,0471,4094,7387,2328,1732,5143,2381,6025,7673,2714, 4371,0761, 5363,3816,6002,0142,2242,0642,1152,770

820

4,605,034

Balance inhands of

comptrollerand

receiver

$185,0841,785

110,896205,149628,180

18,24138, 3978,012

13, 75126, 35596,09633,81722,90848, 372

115,09322,10161,80537,23246,39884, 436

1,635

14,210,110

Amountreturnedto share-

holders incash

$352, 751

Amount ofassessment

uponshare-

holders

$200,00075,000

200,000100,000100,00030, 00050,00025,000

25,00050,000

100,00050,00060,000

250JJ0025*00025,00075,00070,00050,00050,000

20,150,000

Amountof claimsproved

$658,156154,682454, 605

1, 420, 415709, 644272, 914

62, 247

175, 937106, 70259,003

273,09548, 370

208,294

447, 709163,356

125, 566,586

Divi-dends

(per cent)

40

60

Interestdivi-

dends(per cent)

Finally closed

914915916917918919920921922923924925926927

<m929930931932933934935936937938939940941942943944945946947

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Page 267: Annual Report of the Comptroller of the Currency 1925

260 BEPORT OF THE COMPTROLLER OF THE CURRENCY

TA<6LE NO* 44.—National banks restored to solvency after having been pfa&ed incharge of receivers

Title and location of bankReceiverappointed

Capitalstock

Abington National Bank, Abington, MassFarley National Bank, Montgomery, Ala.First National Bank, Arkansas City, KansCity National Bank, Brownwood, TexCitizens National Bank, Spokane Falls, WashFirst National Bank, Pbilipsburg, MontBozeman National Ban-k, Bozeman, MontMontana National Bank, Helena, MontFirst National Bank, Great Falls, MontFirst National Bank, Kankakee, 111First National Bank, Orlando, Fla _ _Citizens National Bank, Muncie, IndFirst National Bank, Port Angeles, Wash..State National Bank, Denver, Colo_American National Bank, Denver, Colo ,First National Bank, Sioux City, Iowa>Hampshire County National Bank, Northampton, MassSeventh National Bank, New York, N YFirst National Bank, Austin, Tex _Bolivar National Bank, Bolivar, Pa _ _.Federal National Bank, Pittsburgh, Pa •_First National Bank, Allegheny, Pa__First National Bank, Brooklyn, N. YUnion National Bank, Sommerville, PaFirst National Bank, Burnside, Ky___.First-Seeond National Bank, Pittsburgh, PaMarion National Bank, Marion, KansFirst National Bank, Gallatin, Term.. _.American National Bank, Pensacola, Fla _First National Bank, Islip, N. Y._.._ __Farmers and Merchants National Bank, Mount Morris, Pa_Union National Bank, Providence, KyFirst National Bank, Perry, Ark____ _Third National Bank? Fitzgerald, GaWharton National Bank, Wharton, TexFirst National Bank, Casselton, N. DakFirst National Bank, Daytona, Fla _._First National Bank, Killeen, TexFirst National Bank, Streeter, N. DakState National Bank, Carlsbad, N. MexNocona National Bank, Nocona, Tex__First National Bank, Tombstone, Ariz _First Rational Bank, Lafayette, ColoFirst National Bank, Poplar, MontFirst National Bank, Lawton, Okla.National Bank of Hastings, Hastings, OklaFirst National Bank, Mohall, N. DakFirst National Bank, Ackerman, MissMerchants National Bank, Ada, Okla __First National Bank, Watts, CalifFirst National Bank, Wetumka, OklaFirst National Bank, Tower City, N. DakMilnor National Bank, Milnor, N* DakFirst National Bank, Spanish Fork, UtahCitizens National Bank, Jamestown, N. DakCitizens National Bank, Sisseton. S. DakFarmers National Bank, Red Oak, IowaPowell National Bank, Powell, Wyo _First National Bank, Walhalla, N. Dak__City National Bank, MeAloster, OklaFirst National Bank, Volant, Pa

Aug. .,.Oct. 7,1891June 15,1893June 20,1893July 1,1893July 8,1893July 23,1893Aug. 2,1893Aug. ^1893

do.Aug. 14,1893

do—Got. 5,1893Aug. 24,1895July 26,1896Jan. ?, 1897May 23,1898June 27,1901Aug 3,1901Oct. 1,1903Oct. 21,1903Oct. 22,1903Oct. 25,1907Oct. 16,1908Sept. 17,1909July 7,1913Jan. 12,1914Mar. 25,1914Sept. 2,1914'Dee. 30,1914Feb. 4,1915Feb. 12,1915May 17,1915June 3,1915July 29,1915Dec. 6,1915Apr. 16,1917Nov. 16,1920Feb. 16,1921Mar. 19,1921Mar. 25,1921Aug. 25,1921Sept. 16,1921Nov. 9,1921Dec. 12,1921Dec. 22,1921Jan. 4,1922Jan. 12,1922Feb. 20,1922June 20,1923Oct. 2,1923Nov. 7,1923Nov. 28,1923Jan. 28,1924Mar. 21,1924Mar. 24,1924Mar. 27,1924

doJune 23,1924June 24,1924Mar. 7,1925

Total, 61 banks..

NATIONAL BANKS WHICH FAILED SUBSEQUENT TO SOLVENCY

Citizens National Bank, Spokane Falls, Wash.1First National Bank, Port Angeles, Wash.1First National Bank, Orlando, Fla.1First National Bank, Arkansas City, Kans.1Ben Hill National Bank, Fitzgerald, Ga.12State National Bank, Carlsbad, N. Mex.iFirst National Bank, Mohall, N. Dak.1First National Bank, Lawton, Okla.1First National Bank, Poplar, Mont.1

Dec.Apr.Nov.Oct.Mar.Aug.Jan.Nov.Dec.

3,189426,189529,189519,18996,191625.192422.192518.192217.1923

Total, 9 banks..

$150,000100.000125,000150,000150,00050,00050,000600,000250,00050,000150,000200,00050,000

300,000500, 000100,000250,000500, 000100, 00030, 000

2,000, 000350, 000300, 00Q50, 00Q25,000

3,400, OQQ25,00050,000

300, 00025,00025, 00025,00025, 00050, 00030, 00050,0C050,00050,00025,00075, 00050,00025,000:25,00025, 000

200, 00025,00025,00025. 000100, 00050, 00040, 00050, 00030,00025,00050,00050, 000GO, 00040,00025,00050,00025,000

11,680,000

150,000- 50, 00085,000100,00050,00075,00025, 000

200, OCX)25, 000

760,000

1 Second failure. 2 Formerly ''Third National -Bank."Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 268: Annual Report of the Comptroller of the Currency 1925

REPORT OP THE COMPTROLLEB OP THE CURRENCY 261

TABLES NO. 45.—Dividends paid to creditors of insolvent national banks during thelast year, with the total dividends in each case up to November 1,1925

Name and location of bank

First National Bank, Abbeville, Ala

National Bank of Abbeville, Abbeville,B.C.

State NationalN. Mex.

Bank, Albuquerque,

First National Bank, Alexandria, S. Dak.2First National Bank, Alexandria, Minn__First National Bank, Alma, Wis _State National Bank, Ardmore, Okla

First National Bank, Baker, Mont.

The National Bank of Barnesville, Ohio_.

First National Bank, Basin, WyoFirst National Bank, Beach, N. DakUnion National Bank, Beloit, Kans

FarmersMont.

National Bank, Big Sandy,

American National Bank, Billings, Mont-Edwards National Bank, Booker, Tex . .First National Bank, Bottineau, N. Dak_.

First National Bank, Bridgewater S. Dak.

Bristow National Bank, Bristow, Okla...

First National Bank, Bristow, Nebr.

Farmers National Bank, Burlington, Kans

First National Bank, Carlsbad, N. Mex..

National Bank of Carlsbad, N. MexFirst National Bank, Carnegie, Pa

First National Bank, Carter, Mont_.First National Bank, Center, Tex._.

Citizens NationalTenn.2

Bank, Centerville,

Farmers National Bank, Chandler, Okla__First National Bank, Charlo, Mont

Date of ap-pointment of

receiver

Nov. 14,1924

Feb. 7,1925

Apr. 14,1924

June 23,1924Jan.Nov.Dec.

8,19257,19245,1922

May 20,1924

Nov. 14,1923

June 14,1924Jan; 24,1924

Nov. 13,1923

Jan. 3,1922

Sept. 23,1922Dec. 12,1921Apr. 12,1923

July 18,1924

July 21,1924

Mar. 24,1924

May 21,1924

Apr. 28,1924

Feb. 6,1924May 12,1925

Nov.Dec.

9.19233.1924

Oct. 28,1924

Apr. 10,1925Feb. 20,1924

Dividends paid during the year

Date

Mar. 18,1925June 16,1925May 13,1925June 18,1925July 8,1925Aug. 13,1925Aug. 31,1925Feb. 4,1925

Apr. 9,1925July 24,1925Jan. 6,1925Sept. 15,1925Oct. 28,1925Jan. 5,1925Feb. 11,1925Mar. 14,1925

doSept. 11,1925Oct. 27,1925Mar. 11,1925Aug. 13,1925

doDec. 24,1924

doAug. 13,1925Mar. 21,1925July 24,1925May 21,1925June 3,1925July 24,1925Oct. 23,1925Sept. 30,1925

Mar. 7,1925June 10,1925Jan. 15,1925Apr. 27,1925Apr. 28,1925Jan. 27,1925Feb. 13,1925Apr. 10,1925June 18,1925July 9,1925June 5,1925July 31,1925Mar. 14,1925

doNov. 28,1924Jan. 29,1925Apr. 6,1925

doJuly 9,1925May 28,1925Aug. 17,1925Oct. 15, 1925Aug. 13,1925

---.:doSept. 22,1925Oct. 27,1925

doJuly 29,1925July 6,1925Aug. 5,1925Sept. 4,1925Oct. 15,1925Sept. 10,1925

Oct. 29,1925Jan. % 1925Mar. 31, 1925Apr. 21,1925

Amount

$106, 517. 68i 2, 727. 83

194, 617. 571 1, 307. 0539,184. 50

i 235.1339, 223. 69

408, 625. 72

1 23, 714. 38i 5, 567. 0710, 586. 6682,159. 5824, 561. 68i 1, 882. 42i 3, 315. 6539,092. 72

19.87l 881. 02

1 51. 4145, 729. 6713,162. 88

i 340. 441 8,195. 12

135, 760. 6227, 706. 1643, 399.12i 1, 526. 3580, 244. 65

1 12, 857. 55* 1, 589, 451 1, 200. 00

5,404. 03

l 1,391. 975,796.11

1 63. 761 354. 34

37, 840. 7051, 238. 241 1,064. 04

i 169. 3931, 482. 20

i 323. 593,474. 921 115. 721 132. 76

21,007. 2435, 592. 93

1 435. 4936, 224. 97

i 197. 54i 127. 24

163,107. 87i 1, 630. 88

1 20, 616. 9778, 215. 99

488, 653. 591 77, 827. 01142, 398. 451 3,109, 2812, 225. 9056, 204. 561 1,770.11

1 240. 561263.45

139,182,25

38, 381. 3710,342. 39

i 146. 846, 293. 53

Percent

75

50

10

1030

2.41010

3510

10

10.5

1025

100

1510

Totaldivi-

dendspaid to

cred-itors(per

cent)

70

30

1010

30

4515

10

1510.5

1020

25

40

30

10

40

"16"""40

10

2025

66.67

1525

20

4010

5020

25

15

1 Represents payments made during the year on additional claims on account of dividends previouslydeclared.2 See page 266.Digitized for FRASER

http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 269: Annual Report of the Comptroller of the Currency 1925

262 REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 45.—Dividends paid to creditors of insolvent national banks during thelast year, with the total dividends in each case up to November 1, 1925—Con.

Name and location of bankDate of ap-

pointment ofreceiver

Dividends paid during the year

Date Amount Percent

Totaldivi-

dendspaid tocreditors(per

cent)

Citizens National Bank, Cheyenne, Wyo

First National Bank, Cheyenne, Wyo __.

First National Bank, Clarkston, Wash...

National Bank of Cleburne, TexFirst National Bank, Clifton, Ariz.First National Bank in Clovis, N. Mex._First National Bank, Colquitt, GaFirst National Bank, Colusa, Calif

Condon National Bank, Condon, Oreg..Corydon National Bank, Corydon, Ind_.First National Bank, Cotton Plant, Ark_.First National Bank, Crawford, TexMerchants National Bank, Crookston,

Minn.

Citizens National Bank, Crosby, N. Dak.Dakota National Bank, Dickinson,

N. Dak.

First National Bank, Dodge, Nebr.*Drovers National Bank, East St. Louis,

111.

Second National Bank, Elkton, Md

City National Bank, El Paso, Tex

National Border Bank, El Paso, Tex.*Emmetsburg National Bank, Emmits-

burg, Iowa.First National Bank, Eureka, S. DakFarmers <fe Merchants National Bank,

Fairbury, Nebr.

First National Bank, Fairfield, Idaho

First National Bank, Forsyth, MontFirst National Bank. Fort Sumner,

N. Mex.

July 21,1924

July 9,1924

Feb. 12,1924

Oct. 27,1921Apr. 2,1923

Sept. 4,1924Aug. 14,1923Nov. 22,1922

Dec. 18,1923Mar. 8,1922Apr. 7,1922July 16,1921Mar. 24,1924

Mar. 21,1923Feb. 7,1924

Nov. 22,1924May 22,1924

Feb. 18,1922

May 8,1924

Oct. 30,1924Mar. 11,1921

Aug. 20,1920

Mar. 15,1924

Aug. 26,1920

Dec. 18,1923Feb. 26,1924

First National Bank, Qering, Nebr

First National Bank, Grandfield, Okla

Commercial National Bank, Great Falls,Mont.

First National Bank, Grey Eagle, Minn__

doJuly 21,1923

Dec. 9,1922

Nov. 8,1923

MayJulySept.JuneJuneSept.Apr.JuneOct.Aug.Nov.Apr.Sept.Feb.Dec.Feb.Feb.Jan.Sept.Sept.Nov.Nov.Jan.Jan.Mar.MayJuneJan.Oct.

22,192531,192516,19253,1925

30,192516,192513,19254,1925

27,192513,192524.192410,192516.192524,192515,192425,192516,19258,19252,192526,192513,192425.19242,192528,192510.192519,19254,192514,192515,1925

do._____Mar. 19,1925Dec. 5,1924Feb. 3,1925May 14,1925May 28,1925Aug. 27,1925Apr. 20,1925May 13,1925Jan. 28,1925Feb. 7,1925Mar. 23,1925June 16,1925June 29,1925Sept. 15,1925June 20,1925Mar. 5,1925June 23,1925Jan. 29,1925May 14,1925Dec. 24,1924July 7,1925

doJan.Aug.Oct.Oct.Mar.Feb.Mar.Apr.MayJuneJuneAug.Mar.JuneMar.JulyAug.Jan.

27,192531,192521,192523,19256,19254,192516,192517,192525,192518,192527,192517,19255,192526,192523,192527,192513,192530,1925

Jan. 6,1925Feb. 25,1925

$585,978.821 16,130. 621 73,150. 45734,465.991 33, 288. 43145,221.12

34,842.10174.34

115,540.2643,658.65

51,301.0920,976.89

i 290.1448,473.8023,415.0194.604.1111, 787.23

2,745.191 260.07

138.50201,356. 901 3,058. 77

134,817. 6611,207.0028,902.3721,356. 92U,347.5415,135. 8849.869.12

154,051.24i 2,649. 54

i 680. 2289,927.48

1632.8875,541.20

i 66.42330,187.231 28,573.02i 30, 543.46i 3,733.25

389,120.32i 6,669. 9275,481.75

118,181.8187,416.5140,055.6140,055.6150,030.3252,679.63

1 215.6911,443.70i 7,270.3325,094.26

1 61.9066,014.8517,817.89

i 587.38i 180. 21U1.06117.53

7,420.44126.48

31,600.6011,053.88

1 409. 771 66. 69

19,018.1018,007.57

1124.151 367.20

50

~25~

20

10

40100

101015

15

16"20151012.535

20

16""16"

10

20.7555

2525

7.7

1525

13

50

' 25~

405

1040

100

201075

1002

5520

25

55

20

60.75

"56"""

50

37.715

35

"16"

2315

10

1 Represents payments made during the year on additional claims on account of dividends previouslydeclared.Digitized for FRASER

http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 270: Annual Report of the Comptroller of the Currency 1925

REPORT OP THE COMPTROLLER OP THE CURRENCY 263

TABLE N O . 45.—Dividends paid to creditors of insolvent national banks during thelast year, with the total dividends in each case up to November 1} 1925—Con.

Name and location of bank

Merchants National Bank, Grinnell,Iowa.

Texas County National Bank, Guymon,Okla.

Citizens National Bank, Hankinson,N. Dak.

First National Bank, Harlowton, Mont..Havre National Bank, Havre, Mont

First National Bank, Hearne, Tex

First National Bank, Hemingford, Nebr_-

Farmers National Bank, Hempstead, Tex.First National Bank, Henryetta, Okla....

Miners National Bank, Henryetta, Okla..

First National Bank, Highland, Wis

First National Bank, Highwood, Mont...First National Bank, Hope, N. Mex

Peoples National Bank, Hot Springs,S. Dak.

Farmers & Merchants National Bank,Jefferson, Iowa.

City National Bank, Jerome, Idaho

First National Bank, Lake Preston,S. Dak.

First National Bank, Lansford, N. Dak..First National Bank, Lawton, OklaFirst National Bank, Lidgerwood, N.

Dak.2Northwestern National Bank, Livings-

ton, Mont.

Llano National Bank, Llano, Tex..First National Bank, Lovington, N. Mex.Traders National Bank, Lowell, Mass

Date of ap-pointment of

First National Bank, Lusk, Wyo

Merchants National Bank, Mandan,N. Dak.

First National Bank, Manville, Wyo

First National Bank, Marcus, IowaFirst National Bank, Marysville, Kans_.

First National Bank, Medina, N. Dak.__

Nov. 12,1924

Nov. 13,1923

Apr. 30,1924

Mar. 7,1923Sept. 16,1921

Jan. 21,1921

Nov. 10,1923

Feb. 7,1925July 31,1923

Dec. 21,1923

June 14,1923

Dec. 29,1922Oct. 30,1922

Jan. 15,1925

Apr. 27,1923

May 24,1923

Mar. 28,1924

Dec. 17,1923Nov. 18,1922June 17,1924

Aug. 30,1924

Apr. 18,1923Oct. 8,1923Oct. 20,1913

Feb. 7,1924

Dec. 26,1923

Dec. 11,1923

M a y 18,1921Apr. 15,1924

Dec. 20,1920

Dividends paid during the year

Date

Oct. 23,1925

Apr. 6,1925July 24,1925June 10,1925Sept. 23,1925

do.Jan. 2,1925Jan. 17,1925Apr. 13,1925Nov. 3,1924Jan. 27,1925May 17,1925Mar. 19,1925

do.Oct. 28,1925Nov. 14,1924Jan. 24,1925Mar. 26,1925June 5,1925July 29,1925

do.Apr. 2,1925May 23,1925June 12,1925July 31,1925Oct. 23,1925July 20,1925

do.June 4,1925Jan. 29,1925July 13,1925Oct. 21,1925

Feb. 7,1925June 26,1925July 6,1925Sept. 9,1925Jan. 15,1925Mar. 11,1925July 31,1925

Apr. 15,1925June 26,1925Oct. 7,1925

Mar. 2,1925July 7,1925

do.Oct.Feb.Oct.Dec.Jan.MayApr.Oct.Apr.

Dec.Oct.Oct.MayJan.Feb.Mar.MayJuneAug.June

23,192517,192523,192518.192415.192528,192510,192523,19259,1925

24,192523,192528,19257,192524,192525,192527,192525,192516,192525,192530,1925

Amount

$105,759.65

42,444.321978.49

40,127. 921 1,018.5620, 572.34

1 64. 781 388. 97

1 8, 417. 25i 69. 76

1 1, 543. 018,104. 27

40, 263. 91i 570. 81

48,185. 0995,187. 07i 2, 456. 50

i 821. 59i 789. 92

1 99. 3831, 435. 8527, 778. 57i 2, 914. 74

1 161. 07i 524. 68

i 1,125. 45i 245. 96

9,182. 7517,172. 9715, 285. 42

i 254. 2137, 646. 94

1 61. 9613.99

18, 527. 44i 32. 05

11, 349. 81i 69.16

27,497. 96

23,153.92i 398. 87

24, 325. 98

41, 843. 78i 665. 23

14,169. 67i 1,182. 32i 1,816.4320, 582. 53

i 236.071 6.40

i 319. 6913,478. 24

i 232. 4251, 558. 70

8, 512. 7413.35

11, 642. 5114, 616. 72

130,062. 66i 2, 701. 45

i 465. 47i 86. 07

79, 989. 44i 123. 34

20, 530. 76

Percent

6.67

Totaldivi-dendspaid tocred-itors(per

cent)

10

25

20

10

720

3010

1410

107.510

25

20

20

10

20

4

30

16

10

15

15

15

201025

15

10

25

306.5

10

42

4530

24

10

557.5

1025

45

4010

2015

402510

94

1515

3530

406.67

1 Represents payments made during the year on additional claims on account of dividends previouslydeclared.

67746°— 26f- 18Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 271: Annual Report of the Comptroller of the Currency 1925

2:64 REP0BT OP THE- OOMPTRQIJuBxl OF THE CUBREJSfCY

TABLE N O . 45.-—Dividends paid to creditors of insolvent national banks during thelast year, with the total dividends in each case up to November i, 1925—Cora.

Name and location of bankDate of ap-

pointment ofreceiver

Dividends paid during the year

Date Amount Percent

Totaldivi-dends

paid tocred-itors(percent)

Commercial National Bank, Miles City,Mont.

First National Bank, Minnesota Lake,Minn.

First National Bank, Moore, Mont

First National Bank, Morgan, Tex

Mount Vernon National Bank, MountVernon, N. Y.

Neoga National Bank, Neoga, I1L_

First National Bank, Newcastle, Wyo

First National Bank, Newman, Calif

Nowata National Bank,. Nowata, Okla...

First National Bank, Oak Grove, La

First National Bank, Oldham, S. Dak....First National Bank, Oswego, MontParkesburg National Bank, Parkesburg,

Pa.

Farmers National Bank, Parsons, Kans._

Payette National Bank, Payette, Idaho..Bannock National Bank, Pocatello, Idaho.

First National Bank, Poteau, Okla

First National Bank, Putnam, Conn

First National Bank, Quiney, Fla

Commonwealth National Bank, Reed-yille, Va.

First National Bank, Renville, Minn

First National Bank, Bock River, Wyo.First National Bank, Rocky Ford, Colo.

First National Bank, Ronan, MontFirst National Bank, Roundup, Mont

First National Bank, St. John, WashPeoples' National Bank, Salisbury, N. C.National City Bank, Salt Lake City,

Utah.

First National Bank, Sapulpa, Okla

Feb. 15,1924

Aug. 6,1924

Dec. 20,1923

Nov. 12,1924

Apr. 19,1911

Jan. 21,1925

June 12,1924

Jan. 31,1920Feb. 19,1924

May 13,1922

Jan. 3,1925

Oct. 5,1923Dec. 26,1924

Mar. 24,1924

Dec. 13,1922June 11,1921

June 19,1924

Aug. 13,1924

Feb. 11,1925

Feb. 16,1921

Feb. 14,1925

June 14,1923Apr. 5,1924

Feb.Apr.

Feb.July

9,19245,1923

7,19243,1923

Feb. 3,1922

July 30,1923

MayJuneAug.MayOct.Jan.Mar.Oct.Jan.MayJ

Aug.Oct.Jan.Feb.MayJulyNov.Mar.Oct.Mar.Aug.JulySept.JuneMayJuneAug.Oct.Dec.Feb.Apr.MayJuneSept.Jam.Jan.Jan.Oct.MayJuneJulyJan.Apr.Apr.JuneAug.Sept.Oct.Aug.Aug.Feb.

2,19253,192513,192527,192515,192524,192516,192523,192529,192514,19253,1925

28,192523,19257,192511,192519,192513,19254, 192413,192527,192510,192513,192530,192516,192530,192519, 192523,19256,192523.192518.19249,19256,192515.192517,19253,192514,19257,192516,192527,19257,192511,192524,192516,192529,192530,192510,192531,19254,192515,192513,192523,19257,1925

Aug. 20,1925Sept. 15,1925Oct. 5,1925Nov. 3,1924Jan. 7,1925Feb. 25, 1925June 26,1925Oct. 2? 1925July 30,1925Mar. 7,1925Apr. 23,1925Oct. 27,1925Jan. 3,1925Jan. 29,1925Feb. 4,1925Mar. 26,1925

doMay 7,1925Nov. 29,1924May 8,1925Sept. 4,1925

$126, 432.14i 4, 726. 56

11% 504.32193,135. 59i 1,588, 9115,360.56i 4,184. 74

1 141. 967,772. 71

1 1,5Q3.418,834.13

15, 990. 541 894.13

70, 258. 25i 7,920. 7111,098. 70ii,. 688. or

i 9. 2031, 360. 90i 6, 305. 94

8, 214. 45i 382. 05

52,876.15i 3,148. 4510, 501. 06

169, 865. 56i 846. 76i 828. 771 209. 82

213,076. 7018,367.14

i 359. 301 76. 88

27, 735. 08i 72. 94

t 1,174.. 241 80. 72

i 39,187. 64165. 32

21,049. 26i 787.08i 369. 84

656, 849.44114,173.28=232,358.13

i 445.12i 23, 576. 68i 6, 051. 831 2,094. 4965, 719. 21i 3, 520.1738,493. 48

127,976. 85i 175.15i 140. 001 569. 79

97,910. 13i 2,120. 45

i 240. 051 1, 806. 3112, 396. 4446, 784. 46i 1,116. 301 1, 812. 2132,359. 74i 1,935.2080, 356. 51

158. 371. 99'i 50. 22110. 04

i 83L 011 127. 83

1 58. 91

10

60

"16"

20

10

~20~

~25~

1550

80

10

40

"IB"

25

~22~

35

45

10

20

1010

10

60

2&58.85

15

10

~20~

2515

50

20-

55

25

8a 67

3510

1510

820

30

60

1 Represents payments made during the vcar on additional claims on account of dividends- previouslydeclared. s

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 272: Annual Report of the Comptroller of the Currency 1925

REPORT OP THE COMPTROLLER OF THE CURRENCY 265

TABLE N O . 45.—Dividends paid to creditors of insolvent national banks during thelast year, with the total dividends in each case up to November lf 1925—Con.

Name and location of bank

First National Bank, Savoy, Mont

First National Bank, Schulter, Okla

First National Bank, Sebuyler, Nebr

Corn Belt National Bank, Scotland,S. Dak.

The National Bank of Commerce inShawnee, Okla.

First National Bank, Shelby, Mont

First National Bank, Shelley, Idaho

First National Bank, Sidney, NebrSilver City National Bank, Silver City,

N. Mex.2Sioux Falls National Bank, Sioux Falls,

S. Dak.

First National Bank, Soper, Okla

First National Bank, Spring Hope, N. C_

First National Bank, Sterling, Colo.

Logan County National Bank, Sterling,Colo.

First National Bank, Torrington, Wyo---First National Bank, Turtle Lake, N.

Dak.First National Bank, Uniontown, PaFirst National Bank, Warroad, Minn

First National Bank, Webster, S. Dak

First National Bank, Wells, Minn

Nov. 22,1923

Jan. 7,1925

Apr. 6,1924

Jan. 26,1925

Dec. 6,1924Nov. 21,1923

Jan. 19,1915Feb. 9,1924

Jan. 2,1924

Oct. 22,1923

Wells National Bank, Wells, Minn Feb. 26,1924

Date of ap-pointment of

receiver

Jan. 3,1925

Dec. 21,1923

May 24,1924

Mar. 28,1921

May 20,1924

Aug. 27,1923

Feb. 13,1925

May 27,1921May 14,1924Jan. 24,1924

First National Bank, Wendell, IdahoCommercial National Bank, Wilmington,

N . C .

Jan. 5,1922Jan. 31,1923

ICitizens National Bank, Worthington,

Minn.

Total dividends paid by comptroller'schecks

June 19,1924

Dividends paid during the year

Date

JulySept.Feb.MayJuneAug.Feb.JulyMay

Feb.Jan.MayJun©Jan.Apr.JuneJulyJan.Apr.

7,19259,1925

21,19259,1925

11,192531, 1&25

7,19257,1925

15,1925

2,192517,19257,19253, 19253,1925

20,192518,192530,192524,19251,1925

Nov. 21,1925Feb. 25,1925Apr. 4, 1925June 18,1925

.doJulyAug.Jan.Feb.Mar.JulySept.Sept.Sept.Nov.Jan.Jan.Apr.Sept.Oct.Aug.

Aug.Apr.JulySept.Feb.Apr.MayJan.Apr.JuneOct.Dec.Feb.Apr.JulySept.Oct.Mar.Jan.Jan.Feb.Mar.Apr.Mar.MaySept.

27,192528,192520,19.252,1925

26,192530,19255,1925

19, 192530,192524.19245,19256,192521.192517,19252,192513,1925

27,19251,1925

27,19255,19253,192513,192525,19253,192524.19252, 192524,192510, 192412,192520, 192524,192525, 192523, 19257,19253,19259,19253,19252,192514,192523,192525,192517, 1925

Amount

$6,148.111 85. 67

3, 831. 42* 441. 80

i 12. 57U30.05

124,194. 87* 196. &7l 450. 00

68,275. 24i 443. 81

i 1, 842. 43105, 844.1120, 353. 43

* 961. 3411, 785. 55

* 501.17i 113. 74

43, 262. 55

* 16,216.801 2,023. 94

182, 228.131 776.83

1 517. 89i 290. 34

1 6, 271.42l 467. 471 13. 62

l 228.6172,132.38

113.501 5,716.91I 6,074. 0377,022. 81i 6, 365. 31

i 886, 83i 604. 981 217. 35

66, 759. 9982, 812. 48

70,492. 8316, 735. 93

1.501 518. 96

15,950. 06i 92. 14

16, 042.1936, 716, 52

i 165. 8988, 778. 43i 3,699. 29

148,089. 92i 3, 337. 22i 1, 357. 90

i 540. 341 737. 25

i 87. 3912, 418. Q7i 7, 553. 84

1 51. 401 2,927. 28

i 149. 681 12. 73

40, 852. 051 2, 333. 42

i 464. 0539, 269. 90

11, 971, 714. 33

Percent

100

10

25

10

Totaldivi-dendspaid tocred-itors(per

cent)

100

10

2515

1510

10

25

30

6.35

1043.25

10

30

10

1020

SO

2020

35 ! 3510

1015

10

10

10116.12

20

16

1515

10

1 Represents payments made during the year on additional claims on account of dividends previouslydeclared.

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Page 273: Annual Report of the Comptroller of the Currency 1925

266 • REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 45.—Dividends paid to creditors of insolvent national banks during thelast year, with the total dividends in each case up to November 1,1925—Con.

Amount Percent

Totaldivi-

dendspaid

to cred-itors(per

cent)

2 Dividends paid by purchasing banks to creditors of insolvent nationalbanks, assets of which were sold by order of court:

First National Bank, Alexandria, S. DakCitizens National Bank, Centerville, TennFirst National Bank, Dodge, Nebr.National Border Bank, El Paso, Tex._First National Bank, Lidgerwood, N . DakSilver City National Bank, Silver City, N . MexFirst National Bank, Florence, S. C

Total dividends paid by comptroller's checks and purchasing banks.

$346,179.1839,445. 46

406,808.051,060,633. 35

304, 076. 71297,441. 79646, 758.18

25.8387.5655043.6560

3,101,342.72

15,073, 057.05

82.4592.49

10075545060

TABLE 46.—Dates of reports of condition of national banks from 1914 t° 1925

Year

19141915 .19161917 _19181919192019211922192319241925

Jan.

13

Feb.

2821

Mar.

447544

10

31

Apr.

28

3

6

May

11110124

5

June

302330202930303030303030

July Aug.

31

Sept.

1221211

12861514

28

Oct.

31

10

Nov.

10172011715

Dec.

313127313131293129313131

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Page 274: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 47.—Condition of foreign branches of National City Bank and Chase National Bank, New York, N. Y., and First National Bank,

Boston, Mass., June 30, 1925

RESOURCES

[In thousands of dollars]

Country and city

NATIONAL CITY BANK OF NEW YORK, N. Y.

Cuba:BavamaCaibarienCamagueyCardenasCiego de AvilaCienfuegos *Cuatro CaminosFloridaGuantanamoHabanaHabana (Galiano St.)Habana (La Lonja)ManzanilloMiantanzasNeuvitasPinar del RioRemediosSacua La GrandeSancti SpiritusSanta ClaraSantiago de CubaVertientesYaquajay _ -

Brazil:Pernambuco (Recife)Rio de Janeiro _Sao Paulo

Argentina:Buenos AiresRosario

Belgium:AntwerpBrussels

Loans anddiscounts,includingoverdrafts

and re-discounts

269734472384598750954

1 853312

32 8281,249

37426165025023088

582758542

2,106

776

2,38412,1639,887

26,8164,978

1,7062,407

Lettersof credit

andacceptances

176

87

6673

27

11

86

52154

25

1,531597

Bonds

6,507

1,816535

9861,613

Furnitureand

fixturesand

real estateowned

1,421

315

Due fromhome office

87

483

57763

Due frombranches

181

1,0731,036

6929

5,466833

39

229279217

72

53

92674

1,055

2,04645

249298

Due fromotherbanks

227

17

10114

714

41145

12

1621

575781476

5,787306

240329 J

Checksand cash

items

248180

1273309

1661189

2,412

296846

* 2824378

93183

165

44387248

7271

96

Cash

41370712157138238142202122

2,26317665

15411057

1156093

1862267033863

164771894

85690

1915

Other assets

731

233

203

29561

221343

14

8

634123

526

1017

Aggregate

3431,3911,266

856781

2, 3342,3012, 269

59247,136

6,9001,300

483832356605456948968936

3,195109853

3,26517, 78313, 272

36,8865,489

4,7505,282

g

oogHWO

w

o

ft

Q

fcO

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Page 275: Annual Report of the Comptroller of the Currency 1925

TABLE N O . 47.—Condition of foreign branches of National City Bank and Chase National Bank, New York, N. F., and First National Bank,Boston, Mass., June 30, 1925—Continued

RESOURCES—Continued[In thousands of dollars]

00

Country and city

NATIONAL CITY BANK OF NEW YORK, N. Y.—Chile: continued

N Santiago-Valparaiso _ .

Italy:Genoa- _Milan

England:London

Peru:Lima

Porto Rico: *San Juan. _ _

Uruguay:Montevideo.

Venezuela:Caracas _

Total

CHASE NATIONAL BANK OF NEW YORK, N. Y.

Canal Zone:Cristobal . .Panama

Cuba:Habana.- _ _

Total

FIRST NATIONAL BANK OF BOSTON, MASS.

Argentina:Buehos Aires. _

Cuba:Habana..1 Total

Loans anddiscounts,includingoverdrafts

and re-discounts

12,1285,586

2,7702,038

51,956

3,936

2,224

4,801

2,384

195,184

411745

7,017

8,173

43,827

3, 583

47, 410

Lettersof credit

andacceptances

579443

12,342

32

14

30

16,856

59

59

134

473

607

Bonds

111

1,474919

4,100

131

2,261

3,588

24,041

3

3

6,852

6,852

Furnitureand

fixturesand

real estateowned

39

1,775

16

300

316

140

17

157

Due fromhome office

874

200826

299

971

204

801

5,385

1,0282,958

3,986

Due frombranches

6756

29052

4,544

8

1

217

27

19,297

213

213

Due fromotherbanks

170396

983344

7,692

198

205

648

358

20,409

109110

288

507

13, 607

90

13, 697

Checksand cash

items

19530

22

39

221

198

39

86

5,863

1560

223

298

945

197

1,142

Cash

10046

23

4

51

735

117

248

52511,089

153332

861

1,346

554

491

1,045

Other assets

620

836

37

3

17

7

12

1,162

400

400

2

2

Aggregate

12,7777,008

6,3294,664

81,060

6,235

5,241

9,548N

4,262301,0C1

1,7324,821

8,748

15,301

66,059

4,853

70, 912

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Page 276: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 47,—Condition of foreign branches of National City Bank and Chase National Bank, New York, N. Y,, and First National Bank,Boston, Mass., June SO, 1925—*'Continued

LIABILITIES[In thousands of dollars]

Country a.nd city

NATIONAL CITY BANK OF NEW YQBK, N. Y.

Cuba:Bayama __ __ __ .Caibarien. .Camaguey - _Cardenas _ __ _ _CiegodeAvila ,CienfuegosCuatro CaminosFlorida _GuantanamoHabana. ,Habana (Galiano St.)Habana (La Lonja)ManzanilloMatanzasNeuvitasPinar del RioRemediosSagua La GrandeSancti SpiritusSanta ClaraSantiago de CubaVertientesYaguajay__

Brazil:Pernambuco (Recife)Rio de JaneiroSao Paulo.. ,„.„ ,_

Argentina:Buenos Aires. _Rosario

Belgium:Antwerp • ___Brussels

Capital

1,000

1,000

960238

Profits,includingamountreservedfor taxes

and interestaccrued

1223

I1I2111

612

11

x111113

153126

27412

2339

Due tohomeoffioe

3,497

190675

1,042

6,331286

615281

Due tobranches

182256240

25

1,709

7,815

3720

140

60

723

134347

L912

6,8491,333

189556

DUG tootherbanks

1010453

120337953558J

6, 554111349

1094344195826257564

. 1121,147

991

4,897404

941,110

Individualdeposits

149624967733712

2 1612,229

504503

20,1176,8661 256

432678292559433876798910

2,948103126

1 9696 786

.4,033

9,7883 184

1,2021,225

Redis-counts

5,758

2633 4511,739

3 921

2 1, 07521 , 453

Letters ofcredit and

accept-ances exe-cuted byreporting

bank

1170

21

109013

12,267

1829

7

3

n

107

796

144

1258

1 538608

Accept-ances exe-cuted by

otherbanks

13

18

76

Otherliabilities

131

25

49321

1

23

2

5754,2503,309

3,74124

1410

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Page 277: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 47.—Condition of foreign branches of National City Bank and Chase National Bank, New York N. Y.} and First National Bankt

Boston, Mass., June 80, .1925—ContinuedLIABILITIES

[In thousands of dollars]

Country and city

NATIONAL CITY BANK OF NEW YORK, N. Y.—COntd.

Chile:Sant iago. .Valparaiso

Italy:Genoa _Milan

England:London

Teru:Lima

Porto Rico:San Juan

Uruguay:Montevideo . _ _

Venezuela:Caracas

TotalCHASE NATIONAL BANK OF NEW YORK, N. Y.

Canal Zone:CristobalPanama _-

Cuba:Habana _

Total :._..FIRST NATIONAL BANK OF BOSTON, MASS.

Argentina:Buenos Aires

Cuba:Habana

Total - -

Capital

581

1,000

820

469

6,068

Profits,includingamountreservedfor taxes

and interestaccrued

1023

278

218

11

10

52

18

1J03

1340

24

77

353

14

367

Due tohomeoffice

3,08215

507413

19,154

9

4,546

40,643

3, 554

3, 554

12,208

1,387

13, 595

Due tobranches

651146

1,3051,341

1,141

210

2

1,024

190

28, 537

22

22

Due tootherbanks

1,765129

2,398

827

8,339

722

558

17

41131, 551

114411

151

676

17,122

126

17, 248

Individualdeposits

2,7421,116

1,217408

22, 612

2,305

14,604

2,430

3,258

113,855

1, 5834,359

4,801

10, 743

22,849

2,821

25, 670

Redis-counts

2,4731,591

2 262197

16,201

490

451

161

39,486

68

68

..2 12,926

11

12, 937

Letters ofcredit and

accept-ances exe-cuted byreporting

bank

4824

582446

12,445

50

48

21

221

19,141

11

4

15

281

29

310

Accept-ances exe-cuted b y

otherbanks

194

301

59

59

258

456

723

Otherliabilities

2,0063,383

3124

756

1,618

19

538

3

20,376

87

87

62

62

-ao

i Includes $15,000 United States deposits. 2 Includes bills payable.

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Page 278: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTBOLLER OF THE CURRENCY 271

TABLE NO. 48.-—Number, capital stock paid in, circulation outstanding, and aggre-gate assets of national banks at date of each report from January 18, 1914, toSeptember 28, 1925, together with the total amount of money in the United Stateson June 80 of each year, and the percentage of national-bank circulation to capital,to assets, and to money in the country

[For prior years see annual report 1920]

[Amounts in millions of dollars]

Date

Jan. 13.Mar. 4 .June 30..Sept. 12.Oct. 3 1 . .Dec. 31_.

1914

Mar. 4 .May 1..-June 23..Sept. 2 . .Nov. 10.Dec. 31__

1915

Mar. 7.May l ._.June 30..Sewt. 12.

1916

Nov. 17.Dec. 27..

Mar. 5 .May 1 - .June 2 0 -Sept. 11.Nov. 20.Dec. 31 . .

1917

Mar. 4_May 10.June 29..Aug. 31.Nov. 1 . .Dec. 31..

1918

Mar. 4 .May 12..June 30..Sept. 12.Nov. 17..Dec. 31 . .

1919

Feb. 28..May 4__June 30. _Sept. 8 . .Nov. 15.Dec. 29..

1920

Feb. 21.Apr. 28..June 30..Sept. 6 . .Dec. 31..

1921

Mar. 10.May 5 - .June 3 0 -Sept. 15.Dec. 29..

1922

Num-ber ofbanks

7,4937,4937,5257,5387,5717,581

7,5997,6047,6057,6137,6177,607

7,5867,5787,5797,5897, 5847,584

7,9337,9908,0308,0938,1238,130

8,1438,1528,1548,1558,169

8,1978,2308,2498,2408,225

Paid-incapital

1,057. 61, 056. 41,058.11,060. 31,063.11,065. 9

1,066. 51,065. 81,068. 51,068.81,068. 61, 068. 0

1,067. 21,067. 41,066.01,067. 51,071.11, 070. 8

7,5817, 5897,6057,6387,6567,662

7,6707,6887,7057,7287,7547,767

7,7617,7737,7857,8217,8657,890

1,073. 91,079. 71,082. 81,090. 31, 092. 21, 092. 6

1,094. 31,096. 91,098. 51,101. 91,107. 81,109. 7

1,106. 61,111.51,118. 61,138. 01,153. 81,158, 3

1,182.11, 214. 81, 224. 21, 248. 31, 269. 91, 272. 3

1, 273. 21, 271. 41, 273. 91, 276. 21, 282. 4

1, 289. 51,296.21, 307. 21, 307.11, 317. 0

Circula-tion

725.3720.6722.5918.2

1,018.1

746. 5727.7722.7718.4713.4713.3

695.8682.2676.1674.1665. 2666. 4

661.1656.1660.4665.6669.7674.3

672.2680.4681.6674.2675.7676.8

673.9676.9677.2681.6680.9685.8

687.6688.5688.2

697.9693.9

684.4679.6704.1704.7717.5

719.6721.0725.7726.8723.8

Aggregateassets

11, 296. 311, 564. 511,482.211,483. 511, 492. 411, 357. 0

11, 566. 811, 842. 311, 795. 612, 267.013, 236. 313, 467. 8

13,838. 614,195. 513,926. 814,464. 915, 568. 815, 388. 2

16,028. 216, 202. 416, 290. 416, 712. 918, 800. 418, 548. 7

18, 436. 418, 719.118, 354. 9-18, 646. 720, 450. 620, 544. 2

20, 406. 721,173. 221, 234. 922,056. 323,125. 523, 684.9

22, 959. 023, 252. 923, 411. 323,175. 823, 535.122, 799. 4

21, 451, 720, 560. 320, 517. 919, 719. 219, 943. 7

19, 850. 420,176. 620, 706. 020, 926.121,975.0

Moneyin

UnitedStates

3, 738. 3

3, 989. 5

4, 482. 9

5, 408. 0

6, 741.0

7, 518. 8

7, 894. 5

8, 096. 0

8,177. 5

Percentage of circulation to—

Capital

68.467.968.186.695.679.6

69.968.267.667.266.8

65.263.963.463.162.162.2

61.660.861.061.061.361.7

61.462.062.061.261.061.0

60.960.960.559.959.059.2

58.256.756.255.555.054. 5

53.853.555.355.255.9

55.855.655.555.655.0

Assets

6.46.36.38.08.87.4

6.46.16.15.85.45.3

5.04.84.94.74.34.3

4.14.04.14.03.63.6

3.63.63.73.63.33.3

3.33.23.23.12.92.9

3.03.02.93.03.03.0

3.23.33.43.63.6

3.63.63.53.53.3

Moneyin United

States

19.3

18.1

15.1

12.2

10.1

9.0

8.7

8.7

8.9

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Page 279: Annual Report of the Comptroller of the Currency 1925

272 EEPORT OE THE COMPTKOLLEB, OF THE CUBRENCY

TABLE NO. 48.—Number, capital stock paid iny circulation outstanding, and aggre-gate assets of national banks at date of each report from January 13, 1914, toSeptember 28, 19251 together with the total amount of money in the United Stateson June SO of each year, and the percentage of national-bank circulation to capital,to assets, and to money in the country—Continued

[For prior years see annual report 1920]

[Amounts in millions of dollars]

DateNum-ber ofbanks

Paid-incapital

Circula-tion

Aggregateassets

Moneyin

UnitedStates

Percentage of circulation t o -

Capital AssetsMoney

in UnitedStates

Apr. 3June 30Sept. 14Dec. 31

1924Mar. 31June 30Oct. 10.Dec. 31

1925Apr. 6June 30Sept. 28

8,2298,2418,2398,184

8,1158,0858,0748,049

8,0168,0728,085

1,319.11,328. 91, 332. 41, 325. 8

1, 335. 61, 334. 01,332. 51,334.8

1,361.41,369.41,375.0

728.1720.0731.5725.9

726. 5729.7723.5714.8

649.4648.4649.2

21, 612. 721, 511. 821, 712. 922, 406.1

22,062. 922, 565.923,323.124,381. 2

23, 832.424, 350. 824, 569. 5

8,603.7

8,746. 5

8, 221. 2

55.254 254.954.8

54.454.754.353.6

47.747.347.2

3.43.33.43.2

3.33.23.12.9

2.72.72.6

8.4

8.3

7.9

TABLE NO. 49.—Abstract of the resources and liabilities of national banks in NewYork, in the two central reserve cities, in other reserve cities, and elsewhere at closeof business September 28, 1925

[In thousands of dollars]

New York(32 banks)i

New Yorkand

Chicago(47 banks)

Otherreserve city

banks(366 banks)

Countrybanks(7,672

banks)

RESOURCES

Loans and discounts (including redis-counts)

OverdraftsCustomer'sliability account of acceptances.United States Government securities

ownedOther bonds, stocks, securities, etcBanking house, furniture, and fixturesOther real estate owned—Lawfulreserve with Federal reserve banksItems with Federal reserve banks in pro-

cess of collection. _Cash in vault™Amount due from national banksAmount due from State banks, bankers,

and trust companies in the United States.Exchanges for clearing housesChecks on other banks in the same place-.Outside checks and other cash itemsRedemption fund and due from United

States Treasurer.Other assets _

Total-.

% 195,431573

123, 595

511,657

41,756214

338,069

75,23027,85914,290

16, 561526, 56924,4295,191

1,450125,036

2,825,393695

130,024

452,677

373424,972

94,36038,43867,019

37,821564, 73625,9797,373

1,497147,254

4,168,5092,833

64,217

764,041723,137188,42120,499

422,027

290,72188,662

355,218

207,650142,04511,16427,258

7,35451,347

6,140,55911,3726,842

I,179,3752,066,806

346,43393,805

477,327

71,585235,241

148,39827,03521,18319,463

24,02520,745

4,431, 255 5,445, 542 7,535,1G3 11,588,882

13,134,46114,900

201,083

2, 512,0253,242, 620

593,176114,677

456,668362,341

1,120,925

733,81658,32654,094

32,876219,346

24, 569,527

i Figures in this column included with New York and Chicago in the next column.

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Page 280: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY 273

TABLE NO. 49.—Abstract of the resources and liabilities of national banks in NewYork, in the two central reserve cities, in other reserve cities, and elsewhere at closeof business September 28, 1925—Continued

[In thousands of dollars]

LIABILITIES

Capital stock paid inSurplus fundUndivided profits less expenses and taxes

paidReserved for taxes, interest, etc., accrued..National-bank notes outstanding _.Amount due to Federal reserve banksAmount due to national banksAmount due to State banks, bankers, and

trust companies in the United States andforeign countries

Certified cheeks outstandingC ashiers' checks outstanding _Demand deposits * ,„Time deposits „__United States depositsUnited States Government securities bor-

rowed .Bonds and securities other than United

States borrowed _ _.Agreements to repurchase United States

Government or other securities soldBills payable, including all obligations rep-

resenting money borrowed other thanrediscounts

Notes and bills rediscountedLetters of credit and travelers' checks sold

for cash and outstandingAcceptances executed for customers and to

furnish dollar exchange less those pur-chased or discounted

Acceptances executed by other banks.Other liabilities

Total-

New York(32 banks)

182,850239,675

113,80218, 30728, 570

289,399

510, 729211. 293108', 509

2,024,512318,57637,158

1,535

150

117,65071,680

3,570

114,23319,44921, 608

4,431, 255

New York I Otherand

Chicago(47 banks)

233,800273, 730

131,67822, 41729,505

397,814

670, 744218, 639116, 475

2, 548,059385,14239,963

2,910

150

125,09077,627

6,260

121,19621,11423,229

5,445, 542

reserve city

(366 banks)

397,932306. 715

142,04124,840145,1767,121

552,373

808,27717, 21854, 844

3,330, 3161,390,056

88,431

11, 654

745

1,485

82,41982,787

2,552

64,7676,13717,237

Countrybanks(7,672

banks)

7,535,103

743, 277545,050

269, 84522, 535

474, 54024, 699

118,233

287, 68715, 64843, 275

4, 549,1694. 219,176

46,703

9,915

3,231

2,442

109,11885,123

253

5,9101,29111,762

11, 588, 882

Aggregate(8,085

banks)

1,375.0091,125,495

543, 56469, 792649, 22131,820

1,068,420

1, 766, 708251, 505214, 594

10, 427, 5445,994,374175,097

24,479

3,976

4,057

316, 627245,537

9,065

191.87328,54252, 228

24, 559,527

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Page 281: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 50.—Classification of loans by national banks in the central reserve cities (New York, Chicago, and St. Louis) and other reservecities together with country banks, at date of midsummer report for past six years

JUNE 30, 1920

[In thousands of dollars]

New YorkChicagoSt. LouisOther reserve city banksCountry banks. _

Total

Num-ber ofbanks

3195

3737,612

8,030

On demand

Paper withone or moreindividual

or firmnames (notsecured bycollateral)

33,03634,29814, 681

195, 850429,364

707, 229

Secured b ystocks and

bonds

355,33586,92623,481

411, 073385,169

1, 261,984

Secured byother per-

sonal securi-ties, includ-ing mer-chandise,warehousereceipts,

etc.

88, 86453, 9669,202

132, 568107, 677

392, 277

On time

Paper withone or moreindividual

or firmnames (notsecured bycollateral)

1,590, 502388, 423103, 020

2, 260,1873, 262, 839

7, 604,971

Secured bystocks and

bonds

429,79690, 63336,879

647, 323651, 275

1, 855, 906

Secured byother per-

sonal securi-ties, includ-

ing mer-chandise,warehousereceipts,

etc.

188,16473,19222, 697

429, 446676, 623

1, 390,122

Secured byreal estatemortgagesor otherliens on

realty notin accord-ance with

sec. 24, Fed-eral reserve

act, asamended

1,871605151

17, 80573, 495

93,927

Secured byimprovedreal estate

underauthorityof sec. 24,Federalreserveact, as

amended

2,212

10, 569123,121

135,902

Accept-ances of

other banksdiscounted

50,7481,573

89758, 90234, 718

146, 838

Accept-ances of

reportingbanks

purchasedor dis-

counted

5,928432190

7,2238,487

22,280

Total

2, 744, 244732, 260211,198

4,170, 9465, 752, 768

13, 611, 416

g

W

p5o

.w

Ba

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Page 282: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 50.—Classification of loans by national banks in the central reserve cities (New York, Chicago, and St. Louis) and other reservecities together with country banks, at date of midsummer report for past six years—Continued

JUNE 30, 1921

[In thousands of dollars]

New YorkChicagoSt LouisOther reserve city

banksCountry banks

Total

Num-ber ofbanks

30115

3747,734

8,154

On demand

Paperwith

one ormore

individ-ual orfirm

names(not se-cured

bycol-

lateral)

66,54931, 95913,070

179, 771388, 355

679, 704

Securedby stocks

andbonds

311,04982,61718,938

363, 719374, 791

1,151,114

Secured >by otherpersonalsecuri-ties, in-cluding

mer-chan-dise,ware-house

receipts,etc.

108,01748,5917,132

89, 68888, 966

342, 394

On time

Paperwith

one ormore

individualor firmnames(not se-

cured bycollateral)

1, 222,380311, 30173, 982

1, 886, 2523,070, 529

6, 564, 444

Securedby stocks

andbonds

287,42077,10026, 072

541, 201616, 260

1, 548, 053

Securedby otherpersonal

securities,includingmerchan-

dise,ware-house

receipts,etc.

176, 95578, 60617, 718

394, 290652, 754

1, 320, 323

Secured by im-proved realestate under

authority of sec.24, Federal

reserve act, asamended

Farmlands

4,93988,103

93, 042

Otherreal

.estate

7,87352,151

60, 024

Secured by real estate mortgagesor other liens on realty not inaccordance with sec. 24, Fed-eral reserve act, as amended

For debts pre-viously con-tracted (sec.

5137, U. S. R. S.)

Farmlands

45113960

5, 61454, 631

60, 895

Otherreal

estate

56134154

13, 52931, 210

45, 695

All other realestate loans

Farmlands

5395,360

5,899

Otherreal

estate

407

1,832

4,8887,555

14, 682

Accept-ances

ofotherbanks

dis-counted

20,732393924

22, 79149, 630

94, 470

Accept-ancesof re-

portingbankspur-

chasedor dis-

counted

3,7362,0841,143

4,9224,544

16,429

Cus-tomer'sliabilityon ac-count

ofdraftspaid

underletters

ofcredit

4,00825

3,162152

7,347

Total

2, 202, 265633,156160, 925

3, 523,1785, 484,991

12, 004, 515

J U N E 30, 1922

New YorkChicagoSt. LouisOther reserve city

banksCountry banks

Total __

3199

3737,827

8,249

52, 63542, 76412, 736

169, 824379, 339

657, 298

488,01492, 57026, 375

438, 640362, 770

1, 408, 369

58, 23033, 5446,702

93, 03279, 075

270, 583

929, 342242, 61466,400

1, 660, 5932, 919, 258

5,818, 207

368, 11163, 85129,321

461,143576, 666

1, 499, 092

95,99454, 77915, 717

322,168623, 776

1,112,434

5, 47796. 318

101, 795

10, 83576,200

87, 035

121207

10, 58189,875

100, 784

96625161

16, 94442,129

60, 351

83

6255,814

6,522

793

2,120

2,8009,091

14, 804

41, 024730

1,036

25, 0568,060

75, 906

25, 856337481

3,4971,740

31,911

1,2483814

1,706117

3,123

2,062, 213531, 599161, 253

3, 222,9215, 270, 228

11, 248, 214

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Page 283: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 50.—^Classification of loans by national banks in the central reserve cities {New York, Chicago, and St. Louis' and other reservecities together with country banks, at date of midsummer report for past six years—Continued

JUNE 30, 1923

[In thousands of dollars]

New York..Chicago ._Other reserve city

banks. .Country banks

Total..

Num-ber ofbanks

3112

3757,823

8,241

On demand

Paperwith

one ormore

individ-ual orfirm

names(not se-cured

bycol-

lateral)

51, 51831,913

227, 879422,226

733, 536

Securedby stocks

andbonds

450,671104,977

481,680425,875

1, 463, 20b

Securedby otherpersonalsecuri-ties, in-cluding

mer-chan-dise,ware-house

receipts,etc.

54,02933,587

105,47982,995

276, 090

On time

Paperwith

one ormore

individualor firmnames(not se-

cured bycollateral)

857, 867263, 669

1,930,4263,124,781

6,176, 743

Securedby stocks

andbonds

300,52065,839

532,800620,158

1, 519,317

Securedby otherpersonal

securities,includingmerchan-

dise,ware-house

receipts,etc.

81,44246,450

351,899631, 482

1, 111, 273

Secured by im-proved realestate under

authority of sec.24, Federal

reserve act, asamended

Farmlands

8,508100,384

108, 892

Otherreal

estate

1361

18,529106,404

125, 070

Secured by real estate mortgagesor other liens on realty not inaccordance with sec. 24, Fed-eral reserve act, as amended

For debts pre-viously con-tracted (sec.

5137, U.S. R.J3.)

Farmlands

118273

24,381102, 567

127,339

Otherreal

estate

987201

17,59549,159

All other realestate loans

Farmlands

3,0957,298

67,942 | 10,393

Otherreal

estate

229

9,43313, 439

23,101

Accept-ances

ofotherbanks

dis-counted

26,2101,171

22,38811,105

Accept-ancesof re-

portingbankspur-

chasedor dis-

counted

2,476189

5,3123,415

60,874 I 11,392

Cus->tomer'sliabilityon ac-count

ofdraftspaid

underletters

ofcredit

83095

1,379202

2,506

Total

1,827,033548,365

3,740, 7835, 701, 490

11,817, 671

New York-ChicagoOther reserve city

banksC ountry banks

Total

3415

3637,673

8,085

41,31434,255

219, 111442,879

737, 559

537,209127,286

467,833413,297

1, 545, 625

44,78131,101

100,65487,082

873,387277,098

1,852,6493,120, 470

263,618 6,123,604

344,40773,209

519,079623, 003

1,559,698

JUNE

81,46445,736

343,091616, 805

1, 087, 096

30, 1924

8,848107,161

116,009

12527

36,359152,386

188,897

115255

13, 330106,422

20,122

978411

16, 56456, 582

74,535

1,5077,524

9,031

3,168

7,52615,849

26,543

59,2992,263

21, 5287,936

91,026

22, 5512,990

' 6,0762,381

33,998

30233

816216

1,367

2,009,100594, 664

3,614,9715, 759,993

11,978, 728

New YorkChicagoOther reserve city

banks.Country banks

Total

3314

3697,656

8,072

30,19330, 614

212, 796452,497

726,100

582,472156,641

618,114485, 940

I, 843,167

48,18543,030

115, 74693, 600

300, 561

837,112237,908

1,911,4183,145,880

6,132, 318

410,40296,336

640,909670, 083

1,817, 730

JUNE

73,86536,954

365,122586,814

1,062, 755

30, 1925

1767

9,212112,918

122, 214

5889

46,459222,191

269, 247

21250

12, 583110, 478

123,332

1,54994

19, 60360, 628

81,874

1,6028,732

10, 334

33323

5,46423, 977

29, 797

67,1264,027

27, 7988,816

107,767

31,4634,608

5,8951,800

43, 766

97956

1,925145

3,105

27 084, 305610, 617

3,994, 6465,984,499

12, 674,067

NOTE.—St. Louis terminated as a central reserve city and designated ottier reserve city July 1,1922,

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Page 284: Annual Report of the Comptroller of the Currency 1925

TABLE 51.—Classification of deposits in national banks at date of each report during year ended September 28, 1925DECEMBER 31, 1924

[In thousands of dollars]

Cities, States, and Territories

New YorkChicago __

Total central reserve cities.

OTHER RESERVE CITIESBoston --_-_ ___ _ __AlbanyBrooklyn and BronxBuffaloPhiladelphiaPittsburgh . ______BaltimoreWashington _ 1_ ____RichmondAtlanta _ _ _ ___JacksonvilleBirmingham _ _ _New OrleansDallasEl Paso- -.Fort WorthGaiveston _HoustonSan Antonio - -WacoLittle RockLouisvilleMemphisNashville - -CincinnatiCleveland - -

Demand deposits

Individualdeposits

subject to

2,093,817494,318

2,588,135

401,15023,92340,18730,949

391, 216216,83280, 31669,08533, 73544,37621,78720,00526, 75553,85011, 76621, 7856,812

54,63323,8889,6562,741

41, 2517,339

18,19155,06522,193

Certifi-cates ofdepositdue in

less than30 days

17,9769,125

27,101

1,14758

30580

1,5204,498

247486298

1,25815

37240

167230218296

1,4635808836

482595

14260120

Stateor

othermunici-

paldeposits

17,19413,807

31,001

SO

'379616

4,3182,7674,3881,327i, 618

8651,821

91317198480

1,170

75433195135082

1,8525,1644,221

Depositsubject

to noticeof lessthan

30 days

1,352

1,352

2,425

4,9131,014

Divi-dends

unpaid

3,2551,902

5,157

1,16575

10883

8105384642532311273160

143215

1414342

25571

1679

2255846

18641

Otherdemanddeposits

47,4161,670

49,086

2,5959,453

569

4633,677

147352861669

500

50

411556

331

1,577

Total

2,181,010520, 822

2, 701, 832

408, 53244,69541,54831, 738

403, 240229, 326

85, 56271,50335,96846,64223, 7$t321, 02827, 25554,48012,49023, 3207,265

57,16124, 87010,8603,136

42, 0407,992

20,13660, 65628,152

Time deposits

Certifi-cates ofdepositdue onor after30 days

43,2386,153

49, 391

12,413850311

2,4624,3441,3652,5562,446

28395

6,0121,1301,222

491712598344

2,4071,287

8498,0551,7193,6852,2713,294

Stateand

othermunici-

paldeposits

3786,215

6,593

1,090

18840500

2,508

7721,674

106

4,028

145300

6,850

Othertime

deposits

269,01833, 069

302,087

82,47610,3233,251

20,26370,04065,47416,73529,54919,16922,04417,06613, 509

11, 2035,7387,029

10, 64121, 012

5,5524,0701,129

13, 9023, 4018, 549

18, 44527, 230

Postalsavingsdeposits

12,4951,710

14, 205

4,Q4624

1,54997

1,8181,169

70875

7636

2079982

1222978225381

311

1346233

25161

Total

325,12947,147

372, 276

98, 93511, 1075,111

23, 91276, 20258,02620, 20133,37019, 52822,17525, 86.514, 7382, 076

13, 4906, 5857,705

11, 00723, 47210, 9484,1861,989

22, 0915,182

12, 41221, 26737, 435

Ioo

%

2IW

o

to

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Page 285: Annual Report of the Comptroller of the Currency 1925

TABLE 51.—Classification of deposits in national banks at date of each report during year ended September 28, 1925—Continued k3DECEMBER 31, 1924—Continued 00

[In thousands of dollars]

Cities, States, and Territories

Demand deposits

Individualdeposits

subject tocheck

Certifi-cates ofdepositdue in

less than30 days

Stateor

othermunici-

paldeposits

Depositsubject

to noticeof lessthan

30 days

Divi-dendsunpaid

Otherdemanddeposits

Total

Time deposits

Certifi-cates ofdeposit

due onor after30 days

Stateand

othermunici-

pal

Othertime

deposits

Postalsavingsdeposits

Total

OTHER RESERVE CITIES—continuedColumbus.. _Toledo ._IndianapolisChicago _PeoriaDetroit _Grand Rapids _MilwaukeeMinneapolis _St. PaulCedar RapidsDes MoinesDubuqueSioux CityKansas City, MoSt. JosephSt. LouisLincoln.,. _OmahaKansas City, KansTopekaWichitaHelena...DenverPuebloMuskogee _Oklahoma City— .- .Tulsa. __.SeattleSpokanePortland _.Los AngelesOaklandSan Francisco

32,0583,27042,45622,46311,114117,48113,14365,20078,84454,9275,11315,0292,7179,30957,8559,224

151,9058,93948,1153,7805,93411,7523,01560,7238,2635,84521,90428,57452,81811, 62038,041123,41312,153130,972

87514331844293

3,2142581

8114,09116899506826

5,383289

1,582464

1,260213325869100793141

9581,3668573248987414

1,511

9,608178

6,3401,831155

4,905100

5,3255,1725,031278

2,242187500

2,156

2,1841,6002,7151,6872,2832,744468

4,513186555

4,7072,7136,5521,6764,83712,4402,2754,886

70

219

110

8315106117903767698457176192032246524282318314

1815955520202242613629545377

10

27015719

7249

49

53263532521106745

42,704

268

49,22024,92311,474125,97613, 57770,89485,44164,2445,79717,3983, £4210,66665,7089,537

156,00211,03452,1875,6978,56815,3893,60566,2008,5956,50827,61532, 70860, 77613, 37543, 719137, 76714,487138,014

2,808

3,6391,1764,2014,2553,7409,1568,4755,7351,2961,4171,3792,0731,7361,4689,716159

4,254632206

2,886376

2,1801,0351,6412,3143,4262,6204,1561,2995,707374

11, 790

628900

3685

400

3,128

515

3257

1,718

636772

30

5,046

~~~560~

6,8922,9161,329

41,6835,63125,0978,45222,23837,27516,8114,8743,2653,7025,3502,7355,38749,0333,5477,418*52075

2,3251,11046,4422,3071,80510,3328,22528,98313, 27835, 97455,3641,951

38, 218

561075512749830607563

1,214102951338262120

4081422518112498707472151698934

3,27880

1,034371184427

10, 6663,8725,075

43, 7789,86430, 25012, 22232,00149, 44123, 7606,1805,0935,0947,8055,0926,87559, 6723,72012, 2221,340405

5,3091,55651, 0873,5574,09814,40712,17834, 91117, 51438, 30766, 4882,50950,995

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Page 286: Annual Report of the Comptroller of the Currency 1925

Ogden __ _._

Salt Lake City

Total other reserve cities

Total all reserve cities

COUNTRY BANKS

Maine-- -New Hampshire __ __Vermont ___MassachusettsRhode Island _Connecticut

Total New England States...New York.New JerseyPennsylvania..DelawareMaryland

Total Eastern States

Virginia... -West Virginia-North Carolina..South Carolina—Georgia..FloridaAlabama -MississippiLouisianaTexasArkansas.KentuckyTennessee

Total Southern States

OhioIndianaIllinoisMichigan.WisconsinMinnesota ._IowaMissouri

Total Middle Western States.

4,21515,106

3,016,776

5, 604,911

32,62633,68415,810209,86036, 529127,363

455,872

306, 526321,664427,01610,10222,395

1,087, 703

83,22569, 78265,51038,97233,45352,87555,84030,93334, 775258, 75238,18570,20050,218

882, 720

180,919112, 660193,39364,20074,68872,94280,14938,813817,764

393627

45, 256

72,357

7741,533351

3,2222,7083,752

12,340

7,2296,49011,702

19025,611

5,1372,010377391

2,3831,4331.527l'f 4181,6809,2584,9311,1381,020

32, 703

13,4327,16312,0175,1423,947

10, 71211, 7752,793

66,981

8341,867

151, 026

182, 027

83

130

141

29,452650

9,248

2,60941,959

1,7572,8062,838332453

7,908U712,9983,29317,1911,068923278

43,016

22, .2458,1415,6074,8873,6307,8895,1271,946

59,472

8, 758

10,110

3,112

3,112

771,45110,844

79

12,451

3

4

333

13

344

5126

177322507

1211

1,106

11

9,179 22, 229

14, 336 | 71, 315

302201218733138577

2,169

1,6511,7813,647

81230

7,390

1,235654543343328272355217215

1,361193350337

6,403

1,155713

1,153516659507298148

5,149

95947

1,036

4831,634

1,688375

8,421

11510, 599

862061421564

120

88701

1,370334249

3,249

487799

1,23942711237339731

3,865

5,44217, 611

3, 253, 224

5, 955,056

33, 71935,48016,426

218,09339,375132,175

475, 268

346, 623332,411470, 87810,18325, 618

1,185, 713

91,44375,45869, 28240, 05936,67362,49259,01735, 56640,051287,59745,74772,94652,105

968,435

218, 750129,482213, 58675,20483,28692,43097, 86743, 732

954,337

9681,804

171,411

220,802

5,8661,670570

7,0411,3624,727

21, 236

40, 2485,829

114,609155

2,483163,324

31,35019,43326,45311, 26610, 2285,8356,3149,4882,12317,1646,75425, 55823,251

195, 217

54,22643, 74968, 63425,35347,84786, 73374,00011, 720

412,262

100

34, 650

41, 243

2

2411

415

1,585934

6,354

5559,428

1,356126688

1,035464

2,4541735

1,1124,155103473366

12, 384

5,260355

2,045394636969631100

10,390

1,1074,056

1,003, 507

1,305, 594

67,49812,40927,367165,14412,34659,883

344,647

415,119307,985612,4585,94456,359

1, 397,865

78,82344,99628,30642,62415, 62025,69225,66613,62912,74422,06012,39521, 71225,260

369, 527

109, 50655, 675114,359105, 77974,94956,30936,1287, 350

560,055

18153

25, 086

39, 291

10728382

1,075224

1,181

2,952

9811,7185,47863214

8,823

1162272441147950210042364151275619

2,077

666521

1,212681390447228170

4,315

2,0938,113

1, 234,654

1,606,930

73,47314,36228,021173, 67113, 93265,791

369,250

457,933316,466738,8996,73159,411

1,579,440

111, 64564, 78255, 69155,03926,39134,48332,09723,19416,01543, 79419,37947,79948,896

579, 205

169, 658100, 300186, 250132,207123, 822144, 458110, 98719, 340

987,022

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Page 287: Annual Report of the Comptroller of the Currency 1925

TABLE 51.—Classification of deposits in national banks at date of each report during year ended September 28} 1925—Continued

DECEMBER 31, 1924—Continued

[In thousands of dollars]fc - •" - 1 — —""''

Cities, States, and Territories

COUNTRY BANES—continued

North DakotaSouth DakotaNebraskaKansasMontana ---- _WyomingColoradoNew Mexico. __ _ _Oklahoma,-

Total Western States.

WashingtonOregon _California _IdahoUtah. _Nevada , . . _ A ...Arizona

Total Pacific S t a t e s . . . . . . . .

Alaska (nonmember banks) . . . .The Territory of Hawaii (nonmember banks) .

Total (nonmember banks) _

Total country banks.

Total United States

Demand deposits

Individualdeposits

subject to

33,04325,73630,97577,70027,29816,91345,18713,763

122,346

392,961

46,14033,829

137,75022,4463,2585,915

13,428

262,766

1,6952,379

4,074

3,903,860

9, 508, 771

Certifi-cates ofdepositdue in

less than30 days

4,5834,2056,4859,5242,5641,7844,6511,2505,417

40,463

1,8114,1884,6721,825

249385210

13,340

2017

37

191,475

263,832

Stateor

othermunici-

paldeposits

3,2623,3882,6547,4667,1214,8993,1512,457

19,949

54,347

10,3526,371

22,2167,0191,147

9901,817

49,912

27921

948

249,795

431,822

Depositsubject

to noticeof lessthan

30 days

9773

2565

67

417

311387

338

469

17,899

28,009

Divi-dends

unpaid

573946

33887206612

237

902

269148681529

1812

1,189

114

15

Otherdemanddeposits

8572

13622124631838340

174

1,675

4444

759252

1437

925

1

1

23,217 | 21,948

37,553 93,263

Total

41,03933,51740,29995,50537,32123,93453,43817,522

148,190

490,765

58,64744,593

166,16531,7054,6657,322

15,504

328,601

1,7443,331

5,075

4,480,194

10,363,250

Time deposits

Certifi-cates ofdepositdue onor after30 days

32,89624,83730,85128,02912,1694,848

12,3953,141

22,615

171,781

8,3138,127

10, 6475,9881,020

4031,786

36,284

63333

396

1,000,500

1,221,302

Stateand

othermunici-

paldeposits

1,19625110534559

293430222

3,122

6,023

1,966164

5,39615968

818

8,571

47,211

88,454

Othertime

deposits

9,3016,8023,8597,841

10,2146,534

16,4882,078

11,032

74,149

35,21713,78580,8207,9912,8914,9974,930

150,631

681315

996

2,897,870

4,203,464

Postalsavingsdeposits

27239434

2782,138

782568163510

5,139

2,348583566

1,38139

183247

5,347

1212

123

28,776

68,067

Total

43,66532,28434,84936,49324,58012,45729,8815,604

37,279

257,092

47,84422, 65997,42915,5194,0185,5837,781

200,833

8C5650

1,515

3,974,357

5,581,287

ooo

1HW

Oog

3

I

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Page 288: Annual Report of the Comptroller of the Currency 1925

APRIL 6, 1925

CENTRAL RESERVE CITIES

New York _

Chicago

Total, central reserve cities..

OTHER RESERVE CITIES

BostonAlbanyBrooklyn and BronxBuffaloPhiladelphia.Pittsburgh... _BaltimoreWashington _BichmondAtlantaJacksonvilleBirmingham ___New OrleansDallas__El PasoPort Worth. _GalvestonHouston _San AntonioWacoLittle Rock.. _._LouisvilleMemphisNashvilleCincinnatiClevelandColumbus _Toledo.... ___ _._Indianapolis _Chicago _ ___Peoria. _ _._DetroitGrand RapidsMilwaukeeMinneapolis ._ . . . .St. PaulCedar RapidsDes Moines. _Dubuque

1,803,661447,232

2,250,893

363,81123,73438,35830,710

377,990218, 71271,92369,62331,43846,14627,32018,72621,51059,77511,35330, 720

56,34324,1778,8533,02242,5197,075

17, 75755,20822,80334,8223,24036,54023,52810,596107,15811,96359,826^76,84951, 5505,47916, 7562,363

15,14210,406

25,548

5,4516

1,8397,721509638379

1,30816

424288168361207348

1,376513242536126914

330111803131401443,103

3,9693641

5273,634134394404

11,72021,265

32,985

5011,819

377681

13,3064,5203,1121,3261,415442

2,842184550

1,105641

2,168

1,4751,5101,88266887

1,7375,0349,03210,869

1575,0911,431235

5,103500

8,6266,4225,535507

2,218546

93

70

3,717964

70

77

4239

649331

20371510S342552561748

43,967183

44,150

1,07316,074

531

4943,56973120466125

500

59

2422

2123416291415

18271017781762192

11

91

342

1,41337

6723

6419518

1,875, 221479, 428

2, 354, 649

370,65851, 70439,35131, 470397,379235,52876,33072,04833,31547,91230,19119,83422,36461,15612,35533,1017,16059,26726,21310,7603,80843, 0017,345

19, 54860,60333,37346,6163,53042,05025, 57312,058116, 30712, 83568, 53484,05560, 7606, 36119,3723,313

47,58310,072

57, 655

21,9552,253360

2,7675,5382,9042,6322,321335132

705852355539634493

3,0331,352184

1,1028,4272,0133,7633,4833,9833,432

2,6871,1424,4844,3593,7748,0948,7963,8451,1701,1701,572

1,37610,620

11, 996

1,370

18840500

1,4432,384161

4,329

28300

9,2353,4892,400

32315

2,400

2,518

281,82236,618

318,440

90,44810,9803,64422,27767,90756,13619,48628,31820,23222,46817, 58913,026

13,0585,250

11,05922,3453,9434,2991,05514,1893,3079,47319,67628,6257,3872,7781,30241,9485,73028,8369,02722,98337,81319, 0685,0693,7493,574

12,0251,570

13,695

3,83327

1,31083

1,8371,076

702,562

7039260102781372890335310256

1366032

26252363361265513046535494537

1,260155309

342,806

116,23613,2605,31426,49775,28260,13423,02833,70120,63722,63926,32013,8332,37315,9345,9789,31911,58525,4319,7264,4882,16322, 7525,38013,29623, 72141, 89514, 6715,2144,11543,96410, 25936,06012,83631, 57149, 66424,1736,2545,4675,165

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 289: Annual Report of the Comptroller of the Currency 1925

TABLE 51.—Classification of deposits in national banks at date of each report during year ended September 28, 1925—Continued

APEIL 6, 1925—Continued

[In thousands of dollars]

to00to

§

W

i

Cities, States, and Territories

Demand deposits

Individualdeposits

subject tocheck

Certifi-cates ofdepositdue in

less than30 days

Stateor

othermunici-

paldeposits

Depositsubject

to noticeof lessthan

30 days

Divi-dendsunpaid

Otherdemanddeposits

Total

Time deposits

Certifi-cates ofdepositdue onor after30 days

Stateand

othermunici-

paldeposits

Othertime

deposits

Postalsavingsdeposits

Total

1 OTHER RESERVE CITIES—continuedSioux CityKansas City, MoSt. JosephSt. LouisLincolnOmaha ___Kansas City, KansTopekaWichitaHelenaDenverPuebloMuskogee _Oklahoma CityTulsaSeattleSpokane >PortlandLos Angeles ___ _OaklandSan FranciscoOgdenSalt Lake City

Total other reserve cities

Total, all reserve cities

9,13356,6958,371

136, 7519,57248,842

6,40011,9002,57860,1757,4915,09924, 57938,57049, 73910, 43036, 307120,38713,800125, 3253,62213,974

7345,574325988472

1,408251379977102762154

1,3442,583

82253131586

1,05491

2,106433595

5,6471,4302,294637

1,1391,667289

8,721375787

6,2396,26811, 7634,2104,78914,2232,4447,837696

1,593

12184

11,22365,043

800

""80

18

56162735432190

1,909242647

144, 24611,47952, 6855,1887,92014, 5482,96969, 6828,0205,95131,50145, 69262,43414, 70441,965137, 61316, 359135, 5374,75816,180

2,0721,7881,23110,399

1933,940630192

2,395399

2,0501,1131,4722,5734,1253,2054,2581,4466,566488

10, 527983

2,284

5,339

1,780

""275"

1,3745

90683339350

5,30142,0433,5487,43952679

2,7391,13546,9632,4442,05310,811

9,698

'"""560"

27,91911,89736,17960,5812,527

3856612241215

2051128281321819

1,07643

I,4061,1044,123

8497739517547512150

7,7965,2776,55454, 6343,75611,8801,364476

5,2461,61651,2003.7804,45015,29313,52934,26216,239

77,2403,19050,151

7,957

2,931,074 53,184 200,178 5,159 30, 359 3,221, 534 187, 557 50,928 1,031, 784 26, 657 1,296,926

5,181, 967 78, 732 233,163 5,252 2,560 74, 509 5, 576,183 245, 212 62, 924 1, 350,224 40,252

adWft

o}

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Page 290: Annual Report of the Comptroller of the Currency 1925

COUNTRY BANKS

Maine-

Vermont..Massachusetts.Rhode Island..Connecticut

Total New England States

New YorkNew Jersey. - .Pennsylvania.DelawareMaryland

Total Eastern States.

VirginiaWest VirginiaNorth Carolina..South Carolina...Georgia _.Florida _.AlabamaMississippi _.LouisianaTexasArkansasKentuckyTennessee _.

Total Southern States

OhioIndianaIllinoisMichigan..Wisconsin..Minnesota.IowaMissouri...

Total' Middle Western States

North Dakota..South Dakota...NebraskaKansasMontana

31,65631,90214,266

202,51035, 598

120,564

436,496

303,609301,655418,380

9,11322,377

1,055,134= . 11 , = =

80,52970,42864,08135,92231,61378,23754,02727,06233,120

243,59736,365

50,519

874,499

180,325106,514207,45463,17077,33470,27485,10536, 709

826,885

29,52225, 65433, 76975,09826,004

7201,474317

2,9622,6983,443

11,614

6,4466,69211,494

145

24, 777

5,1571,550325388

1,942770

1,2131,4511,3937,2943,4381,052789

26, 762

11, 7936,60511,8974,9943,6269,114

• 10, 8522,451

61,332

4,0004,0706,3929,3122,385

48

70

36,289562

13,203

55

881,9139,866

2,174 | 52

52,228 I 11,919

1,0853,6653,396500319

9,9611,0316,5293,15529,2401,854861322

61,918

29,0387,3776,54912,89311,6198,5478,9352,184

87,142

5,2993,6922,2675,7924,962

6382

390

253

1391

2041110155

6324

3374

190

199144384

739

343

694664534710214

314

{

2, 0325835

2,187

1,627

5,939

2,747630

9,019

155

12, 551

26492321861897

80

84621

1,382160481

3,578

718773

1,2444788231644634

4,091

9787162189251

34,44133,45314, 626

207, 85738,309125,678

454,364

349,378311, 596462,3469,119

24,909

1,157,348

87,09975,78467, 84837,00634,08488,99056,37235,04737, 779281,18143, 05071,10552,145

967,490

222,198121,315227,34781, 58992,91288, 272105,46041,437

980, 528

38,98733, 51942, 60490, 73033, 607

,9071,666645

7,7671,3523,991

16,328

45, 7066,990

115,424164

2,830

171,114

32,28720,59025,17710,36410,94910,0386,4702,42410,42120,1758,49626,68324,565

208,639

54,28743,62371,15924,69348,25489,73372,92112,137

416,807

34, 06825,10530, 59929,58613,070

123

1,442618

5,076

477

7,613

1,521103563514433

2,73111

1,0892,3235,772

130389

5

15,584

5,740954

1,5601,1851,7371,786

510139

13,611

1,15626998

22863

72, 56312,96927,450171, 73312,85663,476

361,047

425, 744318,793631,9186,718

57,152

1,440,325

80,36045,54829,44743,23716,09329,23026,61312,98713,49322,82112, 76023,17825,291

381,058

109,95056,892

116,138108,04474,45057,02935, 8407,500

10429682

1,040203

1,122

2,847

1,3482,3404,667

10013

8,468

565,843

9,6957,1574,0648,10410, 619

11420754

14979

659973943

520545

5919

2,584

703~476

1,300704408504867190

5,152

35551336377

2,273

73,66114,93128,178180,57514,41168, 589

380,345

474,240328, 741757,0856,98260,472

1,627,520

114, 28266,44855,24154,26427,55442,65833,19116, 53926,28049,28821,93150,30949,880

607,865

170, 680101,945190,157134,626124,849149,052110,13819,966

1,001,413

45,27433,04434, 79738,29526.025

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 291: Annual Report of the Comptroller of the Currency 1925

TABLE 51.—Classification of deposits in national banks at date of each report during year ended September 88t 1925—Continued

APRIL 6,1925—Continued

[In thousands of dollars]

to

Cities, States, and Territories

COUNTRY BANKS—continued

Wyoming .ColoradoNew MexicoOklahoma _. __ _ _ _

Total Western States

WashingtonOregon .California-_-Idaho, . , . _

Nevada . . .Arizona.» .

Total Pacific States

Alaska (nonmember banks). . _.Tb© Territory of Hawaii (nonmember banks) .

Total (nonmember banks)

Total country banks.

Total United States

Demand deposits

Individualdeposits

subject tocheck

14,75142,88712,925.

114,453

375,063

43,43233,214

130,44418,3992,4905,590

13,461

247,030

1,6492,299

3,948

3,819,055

9,001,022

Certifi-cates ofdepositdue in

less than30 days

1,3684,0651,1274,424

37,143

1,5803,7554,2311,508

273297100

11,744

1723

40

173,412

252,144

Stateor

othermunici-

paldeposits

3,5305,6872,133

22,346

55,708

18,0147,037

20,5374,411

583757

1,536

52,875

25623

648

310, 589

543,752

Depositsubject

to noticeof lessthan

30 days

89

35

534

661787

342

512

14,174

19,426

Divi-dends

unpaid

14

10

57

4 ,1724

1115

53

4,256

Otherdemanddeposits

13414014

140

1,214

3063

61982

1424

760

1

1

28,134

102,643

Total

19,78352,88216,199

141,408

469,719

63,12644,103

155,94224,6693,3496,659

15,126

312,974

1,6922,945

4,637

4,347,060

9,923,243

Time deposits

Certifi-cates ofdepositdue onor after30 days

5,17112,6153,191

25,999

179,404

8,7998,336

10,4636,819

922570

1,847

36, 756

69565

634

1,029,682

1,274,894

Stateand

othermunici-

paldeposits

284406236

3,505

6,245

1,644141

5,649140107

6612

8,299

51r475

114, 399

Othertime

deposits

6,31816,4452,155

11,824

76,381

33,95613,74680,7397,8333,0325,1555,203

149,664

751340

1,091

~975 ,409

4,325,633

Postalsavingsdeposits

933597171577

5,832

2,323312531

1,35542

166272

5,001

1472

149

30,033

70,285

Total

12,70630,0635,753

41,905

267,862

46,72222,53597,38215,1474,1035,8977,934

199,720

967907

1,874

4,086,599

5,785,211

O

oo

3O

a4

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 292: Annual Report of the Comptroller of the Currency 1925

JUNE 30, 1925

CENTRAL RESERVE CITIES

New York . . .Chicago _

Total central reserve cities

OTHER RESERVE CITIES

BostonAlbanyBrooklyn and BronxBuffaloPhiladelphiaPittsburgh .Baltimore _ .WashingtonRichmondAtlantaJacksonville"BirminghamNew OrleansDallas .El PasoFort WorthGalveston"HoustonBan AntonioWacoLittle RockLouisvilleUv^emphisNashvilleCincinnati _ClevelandColumbusToledoIndianapolisChicagoPeoriaDetroitGrand RapidsMilwaukeeMinneapolisSt. PaulCedar RapidsDes MoinesDubuque___

2,070,500452,991

2, 523,491

403,69022,38738,80241,287

399,410228,120

77,41866,88232,91145,43928,92317,43622,09664,97512,00732,4285,612

57, 33223,6788,0772,783

37, 7396,402

19,21757,69925,63836, 5983,898

39,51524,80111, 712

118, 89612, 67658,01487,70146,1245,144

16, 4742,849

8,3408,656

16,996

2,5126

101128

1,7034,624

240840301

1,25715

27972

109341191346

1,3915289627

400516

14416125913122589447199

8,133530

398939112295559

12,95257,987

70,939

5014,889

397452

4,2505,3582,4721,3301,184

5444,325

152405

1,085398

2,174280

2,4441,4711,4461,097

92

2,6514,6978,8608,337

6045,4172,260

3504,477

8007,3307,7139,010

181442

302

302

200

3,4461,055

70

252

2,6092,046

4,655

1,375386357

7285484762332291272860

101259

5015038394875

2114996

165927415

11390

140319

76115295151

191436

48,645562

49, 207

2,80028,638

532

4963,464

718236617459

500

6142

327417

451

8904

7527

5,261143

13

1

2,143,348522, 242

2,665, 590

410,62765,95839,89541,924

410,033243,169

81, 32469, 52134,68647,44133,35018,42722,67466,43412, 81034,9456,288

61,28025, 7429,6943,907

38,4426,967

21,46362, 97835,60545,9964,639

45,63427, 67312,428

131, 82514, 08270,72096, 25056, 2375, 708

17,2263,444

34, 7396,488

41, 227

25,4152,461

6023,7264,7756,7414,6881,972

363172

5,9364

1,370891435808432

3,4101,189

119893

9,1642,1313,7123,5934,2273,282

3,0111,1583,9559,0423,9098,6789,4993,2781,2801,1801,417

29912,640

12,939

1,372

225840500

3,514

1,5501,473

675

4,156

28300

9,6083,2281,435

29815

1,400

5721,265

95

279,62743, 519

323,146

98, 51611, 5413,639

22, 56970, 21860,39826,00131, 567

. 20,55323, 36121,08013, 730

14,9315,439

11,' 43323,1024,0404,5251,148

15, 0163,379

10,26020, 63131, 3697,4412,9172,069

43, 0875,861

34, 2869,080

22, 77137, 95619, 5244,9393,2323,784

10,9121,576

12,488

3,79328

1,34176

1,9681,090

687796356

27010476

13361

1012653

10475

1256434

27639

33439

121558

29490

33464541

1,24917

50719

325,57764,223

389,800

127, 72414,0305,582

27, 74376,96168,45431, 59734, 81820, 97923, 58930,80013, 8382,996

17,4286,6109,903

11, 89126,5659,4894,6512,046

24, 3055,574

14,03424, 80045, 24314, 2854,3915,201

45,1019,860

45,21813, 02232,48549, 26124,0516,2365,0145,220

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 293: Annual Report of the Comptroller of the Currency 1925

TABLE 51.—Classification of deposits in national banks at date of each report during year ended September 28, 1925—Continued

JUNE 30, 1925—Continued

[In thousands of dollars]

to00

HW

O

og

Pi

O

a

3

Cities, States, and Territories

Demand deposits

Individualdeposits

subject tocheck

Certifi-cates ofdepositdue in

less than30 days

Stateor

othermunici-

paldeposits

Depositsubject

to noticeof lessthan

30 days

Divi-dends

unpaid

Otherdemand Total

Time deposits

Certifi-cates ofdepositdue onor after30 days

Stateand

othermunici-

paldeposits

Othertime

deposits

Postalsavingsdeposits

Total

OTHER RESERVE CITIES—continued

Sioux City. .Kansas City, M o . . .St. Joseph _St. Louis . . .Lincoln _..OmahaKansas City, Kans..Topeka._WichitaHelenaDenver _.PuebloMuskogeeOklahoma CityTulsa . . . _SeattleSpokanePortlandLos AngelesOakland..San FranciscoOgdenSalt Lake City

9,14957,3246,939

135,5169,363

50, 7073,0829,00212, 7492,72762, 7698,5554,62224,94543, 52451, 29310,24436, 567125,01114,411129,3363,41713, 737

6045,512354

1,122452

1,215246281878104

1,270151

1812,462

7891,8234196

5691,043

141,653538662

2,0484,1112,0503,6122,536350

6,504163835

6,8705,1739,3813,2975,530U, 1863,1069,602372

1,170

353314

47843721626131912352842

9298

9,978

70

375256

11

2041513729450374

60112948037159

2,105296953

7,307140,82011,90656,4805,65012,92116,1763,20070,6778,8745,545

32, 65750, 54961, 79213, 59942, 963141, 63917, 610141, 6604,33015, 574

2,3471,7951,23711,839

2014,055620940

2,118409

1,6271,0871,6082,6113,8412,9344,1241,6557,574895

11,572674

1,917

1,736

1,6125

74746139280

6,671

800

6,4912,9845,789

44,3253,7177,352562351

3,2331,177

46,2982,6332,09611, 2149,383

28, 31412,25937, 63063,4382, 557

38, 5471,0814,224

36272224414162332002141118586420219

1,10943

3,07382

1,00138617044713137

8,2005,5017,05058,3143,93412,0301,3821,5055,4621,671

50,4013,9274,47015, 39513, 65934,40116,46540, 28678,0693,62251,4261,7687,078

Total other reserve cities.

Total, all reserve cities

3,067,779 49, 519 195,017 5,039 8,818 48,810 3,374,982 206,598 1,089,042

5, 591, 270 66, 515 265,956 5,341 13,473 98,017 6,040, 572 247,825 1,412,188

25,068

37,556

1, 367,011

1,756,811

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Page 294: Annual Report of the Comptroller of the Currency 1925

COUNTRY BANKS

Maine.New Hampshire.VermontMassachusetts...Rhode IslandConnecticut

Total New England States-.

New YorkNew Jersey. . .Pennsylvania _DelawareMaryland

Total Eastern States.

VirginiaWest Virginia. „North Carolina.South Carolina..GeorgiaFloridaAlabamaMississippiLouisianaTexas.__ArkansasKentucky.Tennessee

Total Southern States..

OhioIndianaIllinoisMichigan. ,Wisconsin-Minnesota-IowaMissouri..-

Total Middle Western States.

North Dakota..South D a k o t a -NebraskaKansasMontana.Wyoming „

31,62133,38516,186

217,61136,105

127,162

462,070

312,158327,088415,384

9,86323,609

1,088,102

79,17367,81258,51432,73129,43084,52649,01926,26431,730236,71734,76465, 72849,593

846, 001

185,389111, 631208,26765, 60075, 28870,40782,02438,011

836,617

26,47123,98131,97576,41125,25515,573

7921,594389

3,3603,0133,504

12,652

7,0276,53010,708

134

24,399

4,8461,766750243

1,7771,2651,0671,3691,2538,0033,053953840

27,185

11, 2286,74911,3614,7913,5248,77610,1882,407

59, 024

4,5604,0486,1429,5872,5451,289

56

34,930709

16,343

2,373

54,355

1,0692,8053,5221,249376

11,3651,151

2,61525,1342,742920337

58,113

29,08810,9008,2909,370

15,5133,1602,146

86,806

3,0754,0772,9217,6865,7874,215

40

40

1971,8309,664

11,777

11

120

300

469

"132

21619141228

1,205

12544824

184204780135531

2,132

1,7111, 5713,655

68231

7,236

35233

581

1,315

1, 7571,4848,254' 2110

32, 72035,63116,814

222, 06939,253131,778

478, 265

357, 780339,212464, 0089,93326,543

1,176621

282250247177142744101364314

5,231

1,023758970516558351239131

4,546

199392584231

11,607 1,197,476

86.42173,09963,30434,61132,22997.42251, 55832,63835,778271,68241,94269, 54751,097

1469538552441674

38784

1,2821,582

13

4,367

526912

1,16093810243547117

4,561

118236218119

941,328

227, 723130,950230,18081, 21588,02795, 50196,22342,940

992,759

34,19232,20041,24994,66033,85121,227

1,1011,425434

7, 7361,4794,720

16,895

41,9987, 753

115,933157

2,826

168,667

31,68620, 53823,58010,44310,18612,5296,5719,8542,65021,3928.88026; 77924,808

209,896

54,29045, 75373,13025,88747,33686,83373,91812,685

419,832

33,28924,85531, 73030,02512, 5894,899

149

3,111504

6,306

290

10,211

74,99613,27328,128178, 22513,35863,609

371, 589

441,613333,115638,9396,85957,389

1,477,915

1,89183513651402

2,5746

3,024890

5,7671465218

16, 017

2361,413899

1,7851,761123171

12,011

1,175153183199113196

81,02846,65328,62344,09715,62430,70227,37814,13614,11425,05113,40224,46026,861

392,129

111, 63659,102119,121110, 53276, 85556, 306

8,219

579,839

9,7907,1784,0108,59011,1316,433

28276

1,000190

1,078

2,725

1,0331,5835,153

86427

8,282

110213611728166299444559314039424

2,638

4901,302680400536472199

4,775

372558150388

2,2831,039

76,19614,98028, 641187,10715,02769,407

391,358

487,755342,955766,3317,10260,932

1, 665,075

114, 71567,48752, 77755,36326,29346, 46734,05427,05817, 69952,80322, 56851,68551,711

620,680

172, 245105, 581194, 966137, 998126, 376145,436112, 58121, 274

1,016,457

44, 62632, 74436, 07339, 20226,11612, 567

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Page 295: Annual Report of the Comptroller of the Currency 1925

TABLE 51.—Classification of deposits in national banks at date of each report during year ended September

JUNE 30,1925—Continued

[In thousands of dollars]

3, 1925—Continued

Cities, States, and Territories

COUNTRY BANKS—continuedColorado .New MexicoOklahoma

Total Western States

WashingtonOregon .CaliforniaIdahoUtahNevadaArizona

Total Pacific States .

Alaska (nonmember banks)JIawaii (nonmember banks) >

Total (nonmember banks)

Total country banks

Total United gtates . . .

Demand deposits

Individualdeposits

subject tocheck

40,59211,998

105,730

357,986

43,26532,522

133,15517,9122,3875,782

12,741

247,764

1,7132,152

3,865

3,842,405

9,433,675

Certifi-cates ofdepositdue in

less than30 days

3,9761,2535,066

38,466

1,5993,6074,0591,708

105

11,693

1628

44

173,463

239,978

Stateor

othermunici-

paldeposits

3,4882,869

24,417

58,535

15,9747,808

22,7625,938

406969

1,686

55,543

251,027

1,052

314,460

580,416

Depositsubject

to noticeof lessthan

30 days

931048

694

361174

347

468

14,615

19,956

Divi-dends

unpaid

745

119

596

180131605316

2021

994

317

20

20, 755

34,228

Otherdemanddeposits

13011

216

1,197

5073

70316331348

936

1

• 1

23,984

122,001

Total

48,35316,146

135,596

457,474

61,10444,152

161,35825,9523,0947,137

14,601

317,398

1,7583,224

4,982

4,389,082

10,430,254

Time deposits

Certifi-cates ofdepositdue onor after30 days

13,1002,595

25, 788

178,870

8,4618,073

10,3095,607

982433

1,452

35,317

75322

397

1,029,874

1,277,699

Stateand

othermunici-

paldeposits

422228

3,749

6,418

1,402166

5,98110187

925

8,662

53,468

112,710

Othertime

deposits

17,3831,842

11, 758

78,115

35,25214,04682,9847,9592,9906,3115,157

153,699

789338

1,127

3,054,413

4,466,601

Postalsavingsdeposits

646194626

6,256

2,257541587

1,36640

181286

5,258

1562

158

30,092

67,648

Total

•31,5514,859

41,921

289,659

47,37222,82699,86115,0334,0995,9257,820

202,936

1,020662

1,682

4,167,847

5,924,058

toOQQO

ow

o

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Page 296: Annual Report of the Comptroller of the Currency 1925

SEPTEMBER 28, 1925

CENTRAL RESERVE CITIES

New York _Chicago ,_ __ .-

Total central reserve cities_-

OTHER RESERVE CITIES

BostonAlbany.-Brooklyn and Bronx __BuffaloPhiladelphiaPittsburgh . . . . „,BaltimoreWashingtonRichmondAtlantaJacksonville _. „

New Orleans _ -Dallas--El PasoFort WorthGalvestonHoustonSan AntonioWaco _ _!Little RockL/OuisvilleMemphis - -NashvilleCincinnatiCleveland..Columbus- -ToledoIndianapolisChicagoPeoria__ . _ _DetroitGrand RapidsMilwaukeeMinneapolisSt. PaulCedar RapidsDes MoinesDubuque_

1,963,549489,309

2, 452,858

394,37324,29039,48833,768

396,858230,18173,45567,80541,70847,59934,78218,61220,02466,44311,60931,6495,535

55,37124,3027,3792,344

42,7617,127

19,51257,75123,95835,7083,812

37,31523, 52411,013

110, 79414, 28563,74883,18850,8165, 500

15,1732,680

5,4816,710

12,191

2,3376

11831

3,7914,653

799586299

1,25515

2786

377233253 :236

1,329498

7638

320608

14924122878

84609539160

8,403588

46268785

294453

7,47826,303

33,781

5010,428

487464

4,6754,7514,8091,290

794808

4,409202476174307

1,535106789

1,1981,009

383261

1,9256,317

13, 3379,699

5223,1302,646

5252,300

3004,4185,4875,346

1,190

767

767

205

4,9481,046

70

233

71945

764

2761

301

50418212

203141

44

1

1

219

2523

33150622724112

1

46, 5181,180

47,698

2,0319,000

551

6023,300

90037060

75600

35

1306310

1247

51,103' 6

4322

379129

10

12*

2,024,512523,547

2,548,059

399,27243,72540,67434,264

409,378244,11379,97570,25442,85249,66639,28219,59220,51067,01312,04933,4385,907

57,55326,0088,4652,765

43, 3447,766

21,50065,00238, 52246,3634,418

41, 05726, 78311,770

121, 55915,20068, 56989,27756, 8615,818

16, 6593,135 J

23,9915,381

29,372

19,0211,723

6734,0294,568

10,5723,8142,200

61666

8,3675

1,371640515

1,006532

3,1901,319

142586

7,4621,9373,5114,7264,5653,678

1023,2751,2834,0899,4224, 0448,9409, 5537,1531,3401,13l1,458

29912,640

12,939

820

125340500

3,984

1,4311,176

617

3,902

30010,4345,0222,400

41365

1, 381

55

283,96347,017

330,980

99,77412,8383,744

22,89378,90558, 58524,02430,98920,14422,12820,412

13,425

14, 8175,2238,545

10,86423,6254,0844,6121,178

15, 0743,398

10, 58920, 63430,2367,8793,2852,254

42,7215,722

27,7888,803

23, 48337, 47919, 5085,0193,1353,656

10,3231,528

11,851

3,61033

1,42191

2,0221,154

597776171

28911065

14147

1152853

1147

111226237

27540

31132

11252929

52529

434551

1,33916

53119 [

318,57666, 566

385,142

122,40514, 5945,838

27,85385, 49570,43628,23734,46620,82122, 26533, 05213,5402,867

16,7746,4029,666

11,42426,8689,4194,7611 775

22, 6585,397

14,13725,93545, 27516, 8905,8195,641

44,9469,905

37, 73512,87632,85748,96428,0006,3754,8525,133 to

QOo

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Page 297: Annual Report of the Comptroller of the Currency 1925

TABLE 51.—Classification of deposits in national banks at date of each report during year ended September 28, 1925—Continued

SEPTEMBER 28, 1925—Continued

[In thousands of dollars]

CO

o

Cities, States, and Territories

Demand deposits

Individualdeposits

subject tocheck

Certifi-cates ofdepositdue in

less than30 day

Stateor

othermunici-

paldeposits

Depositsubject

to noticeof lessthan

30 days

Divi-dends

unpaid

Otherdemanddeposits

Total

Time deposits

Certifi-cates ofdepositdue onor after30 days

Stateand

othermunici-

paldeposits

Othertime

deposits

Postalsavingsdeposits

Total

•-d

o

§

OTHER RESERVE CITIES—continued

Sioux CityKansas City, MoSt. JosephSt. LouisLincolnOmahaKansas City, Kans._TopekaWichitaHelenaDenverPuebloMuskogee..--Oklahoma CityTulsaSeattleSpokane. _Portland...-Los AngelesOaklandSan Francisco..—-...Ogden.Salt Lake City

Total other reserve cities.

Total all reserve cities

9,15057,7367,198

133,17710,27246,9663,257

10,79812,6073,033

59,2867,2115,311

25,84351,91253,16111,68749, 371

126,14914, 538

130, 7253,379

14,828

3,083, 735

5, 536, 593

5535,485

3971,366

4651,661

250290531100

1,223142

197419

9,906

1,050439

7633

1,16512

2,044506469

3,3701,2313,401

9001,0681,807

1906,879

214731

8,2634,077

2191

31

85

10148

2,0633,7139,8182,6106,879

137

12

57100

40159

2,08531

7,595138, 21711,96952,0694,555

12,15614,9493,329

67,4557,5676,099

34,90557,06660, 51613,79753, 960

139, 21917,191

140, 3224,025

16,282

2,4281,7591,162

13, 667199

3,321623978

1,338404

2,0831,0291,6412,5063,0432,5823,9552,7328,195

55810,060

6921,829

1,700

~~~290

1,1585

92944320081

5,4222,9664,97744,0373,7127,419572344

4,0851,166

48,579•2,5271,664

11,190

8,312

"l,~660"

" l o o

12,15345,183

2,98953, 244

6104,223

3517502740617

2262192201158694519513

1,13544

3,07593

1,27037716848413132

8,2015,4756,166

59, 8103,92811, 2561,4141,5425,5381,65652,7653,7564,24712,89014, 47734, 67716,20149,18577, 7773,715

65, 4481, 3156,284

49,931 164, 201 6,514 1,874 24, 061 3,330,316 209, 408 47,843 1,107,172 25, 633 1, 390, 056

62,122 197, 982 7,281 2,638 71, 759 5, 878, 375 238,780 60, 782 1, 438,152 37; 484 1,775,198

o

d

a

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Page 298: Annual Report of the Comptroller of the Currency 1925

COUNTRY BANKS

MaineNew HampshireVermontMassachusetts.,Rhode IslandConnecticut

Total New England States .__

New YorkNew Jersey . _PennsylvaniaDelawareMaryland _ _

Total Eastern States

VirginiaWest Virginia .North CarolinaSouth Carolina - -GeorgiaFloridaAlabamaMississippi _ __ _LouisianaTexasArkansas __»__KentuckyTennessee

Total Southern States..

OhioIndiana -IllinoisMichiganWisconsin _ _ _ _ _ _Minnesota.Iowa ,Missouri

Total Middle Western States

North DakotaSouth DakotaNebraskaKansasMontana -

36,96836, 46317, 643

226,11537,300

127,166

481, 655

331,992329, 690428, 787

10, 23323, 780

1,124, 482

82, 57768,88962,23433, 78336, 086

114,23960, 24833, 33535,922

263, 92138,68564,70452, 467

947, 090

188, 706112,339

' 204,47667,13977,05673, 28585, 69939, 656

848,356

32,13626, 71731,49680,74628, 765

7521,601

3553,6353,7104,123

14,176

6,9816,455

11, 676

132

25, 244

4,7841,635

473464

1,8121,0941 032

3781,1827,8992,348

869874

24,844

10,4306,387

11,4605,3143,7298,830

10,1463,133

59,429

4,6474,2445,9569,6412,509

301

37

68

34, 525657

15,406

2,699

53, 287

1,5352,8045,2461,724

40110,254

7903,9022,183

21,9652,463

628200

54,095

31,4798,4937,8458,4676,0887,2882,0391,424

73,123

2,6652,8072,1365,6694,933

8

54

62

401,5258,939

38

10, 542

200

23

989

257

1,469

352

111

2303

1321

829

12

206218

11

8101269

210

111

14884

19315

431

6120

9759

372

1336

51011

225

53393515203

243

192

2312

4459

165572

599

1,439

1,813780

9,9252

34

12, 554

112102346180

1,1868017

159684

1,421137

3

4,076

5591,0321,264

727110393497

5

4,587

8910796

297238

37, 80238,14218 175

230, 48241, 012

131, 898

497, 511

375, 499339,191474, 926

10, 23626, 688

1,226, 540

89,06973, 65067,99636,06238, 384

126, 78262 18738, 62339,459

294, 76244,92266, 34853, 555

1,031, 799

231, 579128, 290225,191

81, 66287, 23389, 80298, 53744, 222

986, 516

39,54033,88039,89196, 57336,456

1,2731,160

6597,5081,6285,840

18,068

41,6289,391

117, 297156

2,901

171, 373

32, 00321,14124, 26310, 30310,46614,4356 517

10, 5743,056

20,99610,25727,24325, 769

217, 023

56, 84646, 49274, 75826,98947,82084,97373, 81213,387

425, 077

33,19724,14430,98130, 60212, 500

435

39

3,43950

4,924

449

8,862

1,62874

807551949

3,814141

3,035593

5,3065546

357

17, 356

4,5603,4051,465

317832

1,870282156..

12,887

1,20716588

219170

76,29514,31828, 218

181, 06013, 80366,165

379, 859

454, 561341, 880637, 899

7,06958, 794

1, 500, 203

81, 79546, 26728, 96143, 60515, 32733,64126 84515,43014,16525,00013,55924,14226,970

395, 707

* 111, 75356, 694

120, 904110, 687

77, 75756,41738,0888,540

580,840

9,8327,2574,4858,491

11,227

100289

73954154

1,042

2,612

9121, 6014,235

8021

6,849

108240

591,218

887551024345

69414436729

3,892

661404

1,844675401571515195

5, 266

42062842

3952,442

77,66815, 76728, 954

189, 55715, 58573, 047

400, 578

500, 540352, 922764, 355

7,30562,165

1,687, 287

115, 53467, 72254, 09055, 67726, 83052, 64533 60529, 08217, 85951, 99624,01551, 79853,125

633, 978

173, 820106, 995198, 971138, 668126, 810143, 831112, 69722, 278

1,024, 070

44,65632,19435, 59689, 70726,339

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Page 299: Annual Report of the Comptroller of the Currency 1925

TABLE 51.—Classification of deposits in national banks at date of each report during year ended September 28, 1925—Continued

SEPTEMBER 28, 1925—Continued

fin thousands of dollars]

Cities, States, and Territories

COUNTRY BANKS—continued

WyomingColorado _New MexicoOklahoma

Total Western States. _

Washington...Oregon.CaliforniaIdahoUtahNevadaArizona.

Total Pacific States __

Alaska (nonmember banks)The Territory of Hawaii (nonmember banks)

Total (nonmember banks) __ __

Total country banks

Total United States

Demand deposits

Individualdeposits

subject tocheck

16,85542,02411,525

109,203

379,467

49,43437,137

142, 77821,6172,8336,767

12,398

272,964

2,0012,071

4,072

4, 058,086

9,594,679

Certifi-cates ofdepositdue in

less than30 days

1,2493,893

9034,878

37,920

1,5953,5943,8991,751

198323177

11,537

11188

199

173,349

235,471

Stateor

othermunici-

paldeposits

4,0345,0163,164

20,646

51,070

12,5556,245

20,0414,450

270755

1,376

45,692

27491

518

277,853

475,835

Depositsubject

to noticeof lessthan

30 days

35

473

1918

100383

520

13,895

21,176

Divi-dends

unpaid

3

7

18

11715

11

35

1,012

3,650

Otherdemanddeposits

12110512

366

1,431

21466

5046

381345

886

1

1

24, 974

96,733

Total

22,25951,04115,604

135,135

470,379

63,81847,077

167,33728,2073,3407,859

13,996

331, 634

2,0402,750

4,760

4, 549,169

10,427, 544

Time deposits

Certifi-cates ofdepositdue onor after30 days

4,98112,8882,700

24,426

176,419

8,2487,946

10, 5025,383

982444

1,361

34,866

79154

233

1,043, 059

1, 281,839

Stateand

othermunici-

paldeposits

82471165

3,743

6,310

1,017199

5,825127696

919

8,162

53, 616

114,398

Othertime

deposits

#

6,54716,9221,749

11,817

78,327

35,94914,38783,4978,0063,0325,3725,084

155, 327

840340

1,180

3,091, 443

4,529, 595

Postalsavingsdeposits

1,084643269654

6,577

2,247557919

1,43841

188293

5,683

1772

179

31, 058

68, 542

Total

12,69430,9244,883

40,640

267,633

47,46123,089

100,74314,9544,1246,0107,657

204,038

1,096496

1,592

4,219,178

5, 994,374

8

o

3

n

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 300: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY 293

TABLE NO. 52.—Cash in vaults of national banks at date of each report during yearended September 28, 1925

DECEMBER 31, 1924[In thousands of dollars]

Banks in—

CENTRAL RESERVE CITIES

New YorkChicago ,

Total central reserve cities___

OTHER RESERVE CITIES

Boston. - . . . _ „._AlbanyBrooklyn and BronxBuffaloPhiladelphia _-. _PittsburghBaltimore - - - -Washington. _RichmondAtlantaJacksonvilleBirminghamNew Orleans -Dallas __ _-El PasoFort WorthGalvestonHoustonSan Antonio. _ _WacoLittle RockLouisville - --MemphisNashvilleCincinnati— _ ._ClevelandColumbusToledoIndianapolisChicago - -. - -PeoriaDetroit --Grand RapidsMilwaukee.M inneapolisSt. Paul -Cedar RapidsDes MoinesDubuque . . -Si out CityKansas City, MoSt JosephSt. Louis _- . -LincolnOmaha - -,-Kansas City, Kans __TopekaWichitaHelena ,..»-.Denver _ _,. „ ,PuebloMuskogee .- -Oklahoma CityTulsaSeattle --SpokanePortlandLos Angeles -- _ _ _Oakland -- -San FranciscoOgdenSalt Lake City_

Total other reserve cities

Total all reserve cities

Gold coin

7551,725

2,480

137262620

215169

658618471711102750285335

12873

174

103618513

42396671055

10127192

49432144553017471214435

1,078157

64014861060

53752653226

4,660

7,140

Goldcertificates

7,5054,058

11,565

93287372

1336076710

1,6686

3645148

12

282577174

36151586

110113

57035355

5051873201262638

26685

193895652

13616352

267904720

14716

24

8610

107

2

7,990

19,555

Silver andminor coin

1,9621,373

3,335

54886

17463

1,144618201240

89128965541

14110613634

1661849416732682

136181151

1325415770

16888

264305201

151144178

14483

22879

17927534911

2944342

14714644310025457967

3565771

10,129

13,464

Paper cur-rency (otherthan gold

certificates)

25,36910,478

35,847

7, 533810

1,183826

10, 6105,1752,1951,359

7761,058

743643580

1,079218

1,002473

1,6791,538

37175

756344271

2,225718

2,190248

3,0731,446

640580568

1,7511,6401,452

146683143484

1,110521

2,176402

1,33319627250585

1,460326266680802

1,650356905

2,916343

2,278137185

78,088

113,935

Total cash

35, 59317,634

53, 227

8,3111, 2091,755

92212,3296,7292,4713,353

8891,269

901723639

1,247375

1,168588

1,9051,927

48998

882389378

2,483927

2,505264

4,3202,052

8321,263

8982,4362,0981,698

2011,112

312776

1,387715

2,486499

1,595251342602103

3,099616361787

1,1092,195

4681,2234,118

4722,806

226284

100, 867

154,094

i Includes items reported as clearing-house certificates.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 301: Annual Report of the Comptroller of the Currency 1925

294 REPORT OF THE COMPTROI^LER OF THE CURRENCY

TABLE N O . 52.—Cash in vaults of national banks at date of each report during yearended September 28, 1925—Continued

DECEMBER 31, 1924—Continued[In thousands of dollars]

Banks in—

COUNTRY BANKS

MaineNew HampshireVermont .M assachusettsRhode IslandConnecticut

Total New England States

New YorkNew Jersey ___ _PennsylvaniaDelawareMaryland

Total Eastern States _

Virginia- . . .West VirginiaNorth CarolinaSouth Carolina -GeorgiaFlorida _ .AlabamaMississippiLouisiana >TexasArkansasKentuckyTennessee ^

Total Southern States

Ohio __-IndianaIllinoisMichigan _ _ _ _WisconsinMinnesota _ ,.IowaMissouri

Total Middle Western States

North DakotaSouth Dakota . .Nebraska .KansasMontana.WyomingColoradoNew MexicoOklahoma

Total Western States

WashingtonOregonCalifornia - -IdahoUtahNevadaArizona

Total Pacific States >

Alaska (nonmember banks)The Territory of Hawaii (nonmember

banks) „_.

Total (nonmember banks)Total country banksTotal United States

Gold coin

809950

40273

206

910

582667

1,7562695

3,126

29516712145

11192

2603747

41087

221215

2,108

451485663335322427438200

3,321

8368

159272137.84

28134

167

1,285

34139344575374764

1,402

68

8

76

12,22819,368

Goldcertificates

635850

38834

897

1,490

3,7923,1282,464

27217

9,628

3432031377334

1531627116

173106271338

2,080

7951,3051,6391,0171,031

331925140

7,183

24614812533612785

25634

266

1,623

3251783627

17

223

5

5

22,23241, 787

Silver andminor coin

180*185107

*934131439

1,976

1,5191,2432,939

66175

5,942

621307442331313275407187170

1,693300336331

5,713

1,230876

1,202513590845846342

6,444

387344367706

!305194423140914

3,780

539414

1,1982993475

231

2,790

11

53

64

26,70940,173

Paper cur-rency (otherthan gold

certificates)

1,7281,635

94711,1791,778

- 5,670

22,937

11,86812,24426,790

4621,393

52, 757

5,0523,7133,6742,3762,2043,2973,2271,3571, 7139,9001,9372,6833,241

44,374

10,7626,6278,8303,9423,7304,2473,3141,451

42,903

1,5411,4761,2602,6562,2331,6352,050

7824,603

18,236

2,3301,7335,3581,038

122439922

11,942

vn983

1,154194,303308,238

Total cash

2,0511,9771,154

12,9032,0167,212

27,313

17,76117,28233,949

5811,880

71,453

6,3114,3904,3742,8252,6623,8174,0561,6521,946

12,1762,4303,5114,125

54,275

13,2389,293

12,3345,8075,6735,8505,5232,133

59,851

2,2572,0361 9113,9702,8021,9983 010

9905,950

24,924

3,2422,5917,0791 448

195568

1,234

16,357

255

1,044

1,299255,472409,566

i Includes items reported as clearing-house certificates.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 302: Annual Report of the Comptroller of the Currency 1925

BEPORT OF THE COMPTROLLER OF THE CURRENCY 295TABLE NO. 52.—^Cash in vaults of national banks at date of each report during year

ended September 28, 1925—ContinuedAPRIL 6, 1925

[In thousands of dollars]

Banks in—

CENTRAL RESERVE CITIES

New YorkChicago

Total central reserve citiesOTHER RESERVE CITIES

BostonAlbanyBrooklyn and Bronx _BuffaloPhiladelphia . . .PittsburghBaltimoreWashington _RichmondAtlanta _ . .Jacksonville __BirminghamNew Orleans.. _ __DallasEl PasoFort WorthGalveston _ __HoustonSan Antonio.>_ __ . .Waco . ...Little Rock _LouisvilleMemphisNashvilleCincinnatiCleveland _.ColumbusToledo .IndianapolisChicago _ ._PeoriaDetroitGrand RapidsMilwaukeeMinneapolisSt. PaulCedar RapidsDes Moines . __DubuqueSioux CityKansas City, MoSt. JosephSt. Louis „LincolnOmaha. _Kansas City, Kans__ _ .Topeka.WichitaHelena _ . .Denver. __PuebloMuskogee _. ._Oklahoma CityTulsaSeattle.- . . .Spokane.PortlandLos Angeles _Oakland _San FranciscoOgden. _Salt Lake City

Total other reserve cities

Total all reserve cities. _.

Gold coin

535615

1,150

90182415

1461425568163023196

3051295840

156134

216

126926786

463987714455833225

6816

' 253571151749161548

51,118

1205

4723738

125604

12543931

4,695

5,845

Goldcertificates

6,8682,6809,548

8535422549

334242

51,737

1335268

22231

22315899

61234

145218

93

13733336

675128259222240

21267

1617345321

53147

212

277913918

125224

14751738

1

6,865

16,413

Silver andminor coin

11, 576

2,844

46583

11663

808524162199

62103885969

11486

11949

141157115

21813572

15066

11420

214174

659373

222236173

18101

3664

14269

18678

14JT153d82

9241

3235

133115376110248493

69383

6250

8,697

11,541

Paper cur-rency (otherthan gold

certificates)

21,9109,516

31,426

6,053965

1,116739

7,2416,0241 9281,481

731913666530520

1 385265847361

1 6631,463

31564

680290469

1,577723

1,938173

2,0441,148

597616608

1,7191,6141 288

254658139493

1,137371

1,689289

1,186106319375

741,472

327213551700

1,750330

1,1602,586

4082,263

104244

69,952

101,378

Total caste

30,88§14,07t44,968

6,6931 42$1,481

861

6*9322 15®3| 485

8221 08i

803616

m1 531'405

996490

l|83445298

833354557

1,9111 0332,223

19f2,8581,753

77S1,398

8642,2581 90S1 50S

3171,03?

258743

1,387556

1,922385

1,43115137?52690

3,10857®292749963

2,221452

1,5473,758

5062,738

205326

90,209

135,177

i Includes items reported as clearing-house certificates.

67746°—26t- -20Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 303: Annual Report of the Comptroller of the Currency 1925

296 KBPORT OF THE COMPTROLLER OF THE CTURRESFCY

TABLE. NO. 52.—Cash in vaults of national banks at date of each report during pearended September 28y 19%5—Continued

APRIL 6, 1925—Continued

[In thousands of dollars]

Banks in—

COrETOSfTRY BANKS

Main®- - -VermontMassachusettsRhode Island . . . .Connecticut

Total New England States

New York , __New Jersey ^_. _ _ -_ .Pennsylvania- - •Delaware _ . „ . .Maryland __«..--

Total Eastern States.. ~-

Virginia _ - _West Virginia _North CarolinaSouth Carolina. . . . ___ _ _.-Georgia - -Florida . ... _AlabamaMississippi m . . .Louisiana ,Texas . » .__ -ArkansasKentuckyTennessee _ _ ~

Total Southern States,

OiiioIndiana .,.-» »IllinoisMiehiganWisconsin ;.» ---MinnesotaIowa _.Missouri ....

Total Middle Western States

North Dakota.. _South DakotaNebraskaKansasMontana _WyomingC o l o r a d o . . .N e w M e x i c o _ _. „O k l a h o m a

Total Western States^

WashingtonOregon. _. . . __.._California 1 ..„ . .IdahoUtah--- -- . . . . .Nevada __„ ._Arizona _ „

Total Pacific States.

Alaska (nonmember banks)The Territory of Hawaii (nonmember

banks) .._

Total (nonmember banks)

Total comtfiTr terafcs

Total United States

Gold coin

106ftl

39266

217

925

7/53;638

1,926

130

3y5H

$5419515853

12510427/9

5339

93236183

2,354

543S4G7733843844544752$2

3>765

8174.

16927/713989

30939

179

1,356

46081304482

1', 4Q7

80

3

83

: 13,401

19, 246

Goldcertificates

585737

24339

540

974

3,1842,7072,186

26216

8,319

3521591377735

1641584228

18380

197229

% 841

6521,1171,538.

726933331

1,063171

6,531

187147124

ass11691

23305

. 1,610

2743672722

21

189

3

3

19, 467

35,880

Silver andminor coin

14816691

1667110343

1,525

1,2591,0472,568

49151

5, 074

534292379262-285250"373153168-

1,764264333294

5, 351

1,053756

1,146447504754811265

b; 736-

385325-338642-259-2-16374124848-

3,511

431378

; 1,1352652778

193

% 507

17

80

97

23,801

35,342

Paper cur-rency (otherthan gold

certificates)

1,7831,613

744"

1,6555,413

21*332

11^07210*61224,841

3111,162

47,998

4,3433,4882-,8871,8481,8553,2902, 5141,1071,3798; 3781,4882; 4822,373

37,430

8, 9225,8927*4782,, 9812,8833,8823,8251,273

37,136

1 4861,3941,2602,3802 ©231,1651 843

7843,447

15,782

1,8611V4884^336

803102357654

9,604

186

297

483

169, 825

271, 203

Total cash

2,0721,942

1 933! 11 486

1,8706, 513

24,. 8M

M 00431,571

410-1,64©

64,902

5,5834,1343,5612,240

3,8083,3241,355

10; 7871,9233r24S3,07:9

4f6,976

11,1708,305

10,9354,5384 7045,4216,174

; 1,921

53,168

2 1391,9401,8913,65d2 5371, 5612 788

i 4,779

22,259

2,6402. 298

1,179161481950

13,707

285

380

666

226,494

361,671

1 Includes items reported as clearing-house certificates.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 304: Annual Report of the Comptroller of the Currency 1925

BEPOET OF THE COMPTKOLLEE OF THE CURRENCY 297

TABLE NO. 52.—Cash in vaults of national banks at date of each report during yearended September 28, 1925—Continued

JUNE 30, 1925[In thousands of dollars]

Banks in-~

CENTRAL RESERVE CITIES

New YorkChicago,-.

Total central reserve caties.OTHEB BESEBVE CITIES

Boston „AlbanyBrooklyn and Bronx .BuffaloPhiladelphiaPittsburgh- v _Baltimore .WashingtonRichmond-Atlanta „ . .Jacksonville -Birniingh&mNew OrleansDallas _El PasoFort WorthGalveston _-

San Antonio. .WacoLittle Rock __ __Louisville.. . . _MemphisNashville

Cleveland..Columbus.*.-.. . -ToledoIndianapolis..Chicago _Peoria. . _Detroit .Grand RapidsMilwaukee-.MinneapolisSt. PauL _Cedar Rapids .Des MoinesDubuqueSioux CitySansas City, Mo.. _St. JosephSt. LouisLincolnOmahaKansas City, KansTopekaWichita. - - -Helena . . .DenverPueblojMuskogee..Oklahoma CityTulsaSeattle . _Spokane _PortlandLos Angeles _Oakland _.San FranciscoOgdenSalt Lake City

Total other reserve cities- -Total all reserve cities

Goldcoin

424232

656

80141610

168148

57

17312316

33636336644

113157

195

1149

84910

38089801254772421

54417244276152459144837

61,005

1367

5329568

186658

34392525

4,554

5, 210

Goldcertifi-cates

7,3574,410

11,767

615251228

67474237

291,369

12246740

416

224212897

59

733617

11849

112

635541128785355795835040

15753

22916976851188285882

93861094251

21239

219

20916

10122

9,671

21,438

Stand-ard

silverdollars

87785

8121

9442

883

151056

20251822237624

121

39

135

241

505

1056

4518581114512322935122157

52861

6105

16163854

1644251

19332

1262423

2,113

2,198

Sub-sidiarysilverand

minorcoin

11 ,5361,2962,832

52195

19176

SOO512179229105101

996044

129697844

139121

719

544377

159669512

Iffi156

54146

66184115

5122512837

115*4318750

1211754433

14719337778

22271

144272

781403742

7,247

10,079

Silvercertifi-cates

2,075742

2,817

46812614286

1,21931234634794

111792429

1829

7038

1561783713544462

20742

13811

25299

1059663

180110151

15762439

15842

19422751031192

48133547

152388

17166

549

55

6,975

9,792

Legaltendernotes

2,6351,395

4,030

1,15893

108

5434631112986462

115851069

4182732297822655235

21087

22120

149108

557822

1065885106327227321

1541683112027

3134

193226

138291013

1871748

12

5, 982

10,012

Na-tionalbanknotes

1,923697

2, £20

486322144

92566

1,026303

221395107241

9548

57356250603745154

12117

34157471161488

5762225115214812939535219187

18661

148179130372

67246

511636535

51213263

15697

195181101562

65382

6257

14,826

17,446

Federalreserve

andFederalreservebanknotes

12,1573,464

15,621

2,711472674487

4,9802,7551,191

7473722652802015075101973271575695718112

2639790

781370938

45737375140157172431977739

70185

34124765193

1,000205764

50136218

341,147

10978

246361

1,403196857

1,606184

1,56227

103

35,985

51,606

Totalcash

28,11512,313

40,428

6,0471,3741,505

8258,8445,4952,2243,178

8881,004

780672612

1,510399924625

1,5941,930

46585

666314458

2,008788

2,065156

2,9911,624

7241,427

8672,2131,9041,369

260807256655

1,530616

2,019416

1,493186538542

983,484

553306694

1,1212,146

5181,3883,853

4312,447

183259

87,353

127, 781

1 Includes items reported as clearing-house certificates.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 305: Annual Report of the Comptroller of the Currency 1925

298 REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 52.—Cash in vaults of national banks at date of each report during yearended September 28, 1925—Continued

JUNE 30, 1925—Continued[In thousands of dollars]

Banks in—

COUNTRY BANES

MaineNew Hampshire . . _. .VermontM assachusettsRhode Island _ _Connecticut.

Total New England States.New YorkNew Jersey .Pennsylvania „DelawareMaryland.. .__

Total Eastern StatesVirginia _West VirginiaNorth Carolina :__South Carolina..Georgia .FloridaAlabama..! __MississippiLouisianaTexas.. „ _.Arkansas...Kentucky...Tennessee

Total Southern StatesOhioIndianaIllinois .MichiganWisconsinMinnesota _.. _ .Iowa . .Missouri

Total Middle WesternStates

North Dakota-South DakotaNebraskaKansasMontanaWyomingColorado.. . _.New MexicoOklahoma.^

Total Western StatesWashington _.OregonCaliforniaIdahoUtah.NevadaArizona

Total Pacific States...Alaska (nonmember banks)The Territory of Hawaii (non-

member banks)Total (nonmember banks).Total country banks..Total United States

Goldcoin

8110762

36599

200

914

736694

2,02224

117

3,593

36619617265

1241052775460

48089

234202

2,424

576560762400372461486219

3,836

8375

18328013598

31037

185

1,386

326399453

86284582

1,419

73

2

75

13,647

18,857

Goldcertifi-cates

171166116

1,424239

1,240

3,356

4,8643,9493,205

41220

12,279

4201951599466

5181957135

241178227185

2,584

8611,7892,6841,5751,514

5831,375

206

10, 587

22729216348713898

31638

429

2,188

6591

221353

2231

468

3

1

4

31,466

52,904

Stand-ard

silverdollars

6119

302

11

69

6543

30038

419

7531

103364827854057

540725882

1,254

155178236

71136311332106

1,525

14613415629512910216865

275

1,470

218138359101134587

961

9

14

23

5,721

7,919

Sub-sidiarysilverand

minorcoin

14416383

i 786137400

1,713

1,2991,100

12,29953

154

4,905

582285342281264256314162123

1,381193301305

4,789

977627939380365452503190

4,433

209178205

140715610219773

580

2,107

268241785147

164099

1,596

13

30

43

19, 586

29,665,

Silvercertifi-cates

16719799

865140581

2,049

1,5491,5302,956

44299

6,378

608347367224233377309147158830203303372

4,478

1,163787

1,116428377287368169

4,695

576973

20446265822

316

871

5133

26222

36

23

400

1

2

3

18, 874

28,666

Legaltendernotes

13519774

1,139191474

2,210

1,0771,1262,170

51122

4,546

35123424010919651928820089

354223277256

3,336

1,036555911455266300312162

3,997

618964

2604542

14229

253

985

3833

26027

11115

385

2

28

30

15, 489

25,501

Na-tionalbanknotes

486359270

1,511265895

3,786

2,5501,9716,261

57279

11,118

1,6651,1131,123

806678717

1,059231325

4,188487

1,1381,142

14, 672

3,0491,9812,6041,0061,0051,2991,359

542

12,845

427342579890239296606258

1,216

4,853

502492

1,28322744

101208

2,857

12

20

32

50,163

67,609

Federalreserve

andFederalreservebanknotes

825739314

5,772889

2,293

10,832

4,9685,303

11,193191461

22,116

1,4601,2051,102

655571

2,197695400622

2,721407689842

13, 666

4,2001,7312,4791,4531,1311,8481, 111

478

14, 431

502614486986

1,828623

1,252422

1,319

8,032

1,828959

2,94754153

248628

7,204

167

530

697

76,878

128,484

Totalcash

2,0151,9391,027

11,8921,9626,094

24,929

17,10815,71630,406

4641,660

65,354

5,5273,6063,6082,2702,1804,7163,2221,3051,469

10, 7351,8523,2273,386

47,103

12, 0178,208

11,7315,7685,1665,5415,8462,072

56,349

1,7121,7931,9093,8092, 7161,3873,049

9444,573

21,892

3,2962,3866,5701,186

161518

1,173

15,290

280

627

907

231,824

359, 605

i Includes items reported as clearing-house certificates.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 306: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OP THE CURRENCY 299

TABLE N O . 52.—Cash in vaults of national banks at date of each report during yearended September £8, 1925—Continued

S E P T E M B E K 28, 1925

[In thousands of dollars]

Banks in—•

CENTRAL RESERVE CITIES

New YorkChicago -

Total central reserve cities

OTHER RESERVE CITIES

Boston - _AlbanvBrooklyn and Bronx _« __Buffalo .- - --PhiladelDhiaPittsburghBaltimore - - --WashingtonRichmondAtlanta _Jacksonville -Birmingham _New Orleans -Dallas --El PasoFort Worth - __Gal vestonHouston -San Antonio -Waco -Little RockLouisville - -Memphis --Nashville -Cincinnati - - --ClevelandColumbus -- -ToledoIndianapolis -Chicago -Peoria _ __ -Detroit -Grand Rapids _Milwaukee[MinneapolisSt Paul -- - -Cedar Rapids -- -Df"3 IVfoines - --- ---Dubuque --Sioux Citv - -- -Kansas City, Mo -

St Louis

Kansas City, KansTonpkft -'- -Wichita - - -

Pueblo

Oklahoma City --Tulsa --Seattle -

Portland -- ;Los Ancreles - --

San FranciscoOgden - --Salt Lake City -

Total other reserve cities

Total all reserve cities

Gold coin

703213

916

77192111

18015757648

3125185

2964377038

11312, 8196

1571177210

3908129

7388032191151222337711827€61249397

1,039150

849345610

274695

6391325

4,740

5,656

Silver andminor coin

1,5741,137

2,711

40375

17658

763527144198108114884159

15564

11746

266234128

13773978

16870

14931

213153

61144

84253302162

17694184

13566

1821111782399

10414

2854149

147111383127241452

71407

3381

9,312

12, 023

UnitedStates and

bankcurrency

25,5829,229

34,811

4, 6631,0661,013

8977,2715,3091, 6652,997

721908779615465

1,434262801532

1,6021,806

40173

645342476

1,847837

1,808179

2,4551,481

5501,232

7901,7341,6161,196

287687184718

1,414503

1,544331

1,255117528441

722,428

417308653

1,0351,739

3461,3452,833

4062,252

104195

74,610

109, 421

Totalcash

27,85910,579

38,438

5,1431,1601,210

9668,2145,9931,8663,249

8371,053

892674529

1,618380955648

1,9062,153

54194

741386569

2,086924

2,029220

3,0581,715

6401,383

9122,0671,9501,377

315807247825

1,586640

1,744469

1,49915267658493

3,752608365849

1,1802,178

4831,8603,980

4832,698

150301

88,662

127,100

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 307: Annual Report of the Comptroller of the Currency 1925

300 EEP0RT OF THE COMPTROLLER OF THE

TABLE N O . 52.-—Cash in vaults of national bunks at date of each report dwing yearended September 28, 1925—Continued

SEPTEMBER 28, 192S—CoEtmued

[In thousands of dollars]

Banks in—

COUNTET BANKS

Maine__ .- „.New Hampshire - -Vermont . ___ _ .Massachusetts „ „Rhode IslandConnecticut--

Total New England States

New YorkNew Jersey _. . «- _Pennsylvania - - . _ _ _ _ _, ^Delaware „ .Maryland

Total Eastern States _ -

Virginia.. . . . _. «West Virginia _North CarolinaSouth CarolinaG e o r g i a - . « » - _ . . -_ „F l o r i d a _ .A l a b a m a _MississippiLouisiana _ -Texas _.__ _Arkansas __ _ „Kentucky _ .Tennessee

Total Southern Stages „ __ .

Ohio. -Indiana.- __ __Illinois «.Michigan __ __ __ .WisconsinMinnesota _ _Iowa ,_ _ . _Missouri

Total Middle Western States--

North Dakota.- _ _South Dakota .Nebraska ._ ... .,KansasMontana _ .Wyoming _Colorado ,New Mexico „- -Oklahoma

Total Western States

Washington— _Oregon _ „California _IdahoUtah _NevadaArizona

Total Pacific States

Alaska (nonmeniber banks) .The Territory of Hawaii (nonmember banks)

Total (nonmember banks)

Total country banks _

Total United States

Gold coin

8611163

36990

221

940

789684

2,05925

124

3,681

38220416471

1331062805566

50285

239203

2,490

583568809426389479457212

3,923

8584

18829913998

30954

193

1,449

34539444493282361

1,388

712

73

13,944

~ 19,600

Silver andminor coin

169179104762128417

1, 759

1,4081,1452,666

52179

5,450

586308403402311292358191180

1,770285362350

5,798

1,088719

1,2044985Q8733832374

5 ,956 '

336304373690257158388114893

3>513

445396

1,078216

3059

164

2,388

2488

112

24,976

36,999

UnitedStates and

bankcurrency

1,7741,689

10,4651,6285,613

21,974

14, €6612,66025,992

3281,292

54,938

4,5953,5923,0502,2472,0154,0473,1961,5201,546

10,4652,0022,6952,873

43,843

9,9546,486

10,0764,8134,2014,1324,4131,744

45,819

l t2071,4601,3282,9022,1711,1882,315

7354,337

17,643

2,3661,5915,149

963121319850

11,359

169576

745

196, 321

305, 742

Totalcash

2,0291,979

97211,5961,8466,251

24,373

14',48S30,717

mV595

#4,069

M634,1843,6172,7202,4194,4453,8341,7661,792

12,7372,3723,2963,426

52,131

11,6257,773

12,089S,737

5 3445,7022,330

55,698

1 8481 8893 8912,5671,4443 012

9035,423

22,605

3,1562 3816, 671I 272

179401

1,075

15,135

264666

930

235, 241

362,341Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 308: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 53.—Circulation of national banks at date of each report during year ended September 28, 1925

{In thousands of dollars]

Banks in—

CENTRAL RESERVE CITIES

New York.Chicago __ _ ._

Total central reserve cities

OTSER RESERVE CITIES

BostonAlbany-Brooklyn and BronxBuffalo.. ._ _PhiladelphiaPittsburgh.BaltimoreWashingtonRichmond _AtlantaJacksonvilleBirmingham. _ __New OrleansBallasEl PasoPort Worth _Galveston . _ __ _ __ __HoustonSan Antonio .WacoXfittle Rock .LouisvilleMemphisNashvilleCincinnatiCleveland __ ,ColumbusToledo. .IndianapolisChicago r „ . . . .

Dec. 31,1924

Receivedfrom

Comp-troller

40,6852,850

43,535

4,9491,8501,0502,3006,857

28,2655,5115,1731,5772,7001,9021,6501,5204,508

7552,0001,3553,6004,050

'. 1,300. 2001 4,180

2002,4707,7084,6003,330

5006,337a, 198

On hand

8017

808

80168

104180

7266276

3825261632

19193570584

15

141416131222

9

Out-standing

39,8842,843

42,727

4,8691,6821,0402,2596,777

22,5395,4495,0971,5772,6621,8771,6241,5044,476

7551,9811,3363,5653,9801,242

1964,145

2002,4567,6944,5843,317

4886,3152,189

Apr. 6, 192£

Receivedfrom

Comp*troller

27,706950

28,656

2,3001,750

8502,3006,782

12,4505,5114,5731,1512,5001,4601,6501.5204,105

7552,0001,3553,5003,0001,700

2003,610

2002.6305, 8283,6003,005

5005,1781,810

On hand

8048

812

1168

15165

21013382193926

41528123141443228

17

1161118

18

Out-standing

26,902942

27,844

2,2891,882

8492,2496,717

12,2405,3784,4911,1322,4611,4341,6461,5054.077

7431,9691,3143,4562,9681,672

2003,610

1992, 6235,8173,5392,994

4925,1781,792

June 30, 1925

Receivedfrom

Comp-troller

28,579950

29,529

3,5101,750

8502,3006,835

12,4505,7104,5231,1512,5001,4601,6501,5204,005

7552,0001,3553.6002,5001,700

2003,610

2002,6305,8373,6003,005

£005,0281,810

On hand

3996

405

47108

991

16822511697

58

372131101935792510

5

3016

113131891

8

Out-standing

28,180944

29,124

3,4631,642

8412,2096,667

12,2255,5944,4261,1512,4421,4601,6131,4993,974

7451,9811,3203,5212,4751,690

2003,605

2002,6005,8213,4872,992

4824,9371,802

Sept. 28,1925

Receivedfrom

Comp-troller

29,001950

29,951

3,1851,750

8502,3006,907

13,4005,8104,5231,1512,5001,4601, 6501,5204,755

7552,0001,3553,6002,5001,700

2003,610

2002, 6305,8373,6003,005

5005,0281,810

On hand

43115

446

43729

32102133150742

5329381942

919502913

4

202768331845

9

Out-standing

28,570935

29, 505

3,1421,678

8412,2686,805

13,2675,6604,4491,1492,4471,4311.6121,5014,713

7551,9911,3363, 5502,4711,687

2003,606

2002,6105,8103,5322,972

4824,9831,801

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 309: Annual Report of the Comptroller of the Currency 1925

TABLE N O . 53.—Circulation of national banks at date of each report during year ended September 28, 1925—Continued

[In thousands of dollars]

COoto

Banks at—

OTHER RESERVE CITIES—continuedPebriaDetroitGrand RapidsMilwaukee - _. _Minneapolis. >. . .St PaulCedar Rapids . ._Des Moines _. _ _DubuaueSioux City . . . -Kansas City, Mo .St. Joseph __ __St. LouisLincolnOmaha - - _.Kansas City, Kans _TopekaWichitaHelena -DenverPueblo -MuskogeeOklahoma City -TulsaSeattle - --Spokane -PortlandLos AngelesOaklandSan Francisco - --Ogden _- .Salt Lake Ci ty . . .

Total other reserve cities

Total all reserve cities . - . .

Dec. 31,1924

Receivedfrom

Comp-troller

1,8501,2772,0003 7303,615

8101,000

755400

1,0201,838

84410,168

5711,200

800600

300900400850600738

3,3572,503

1606,1251,0009,250

7751,850

170,861

214,396

On hand

36

g777

14

9238

264

129

4789

28

1312146

136

2,224

3,032

Out-standing

1,8141,2772,0003 7223,538

803986755400

1,0111,815

83610,142

5671,200

788591

300896393842591738

3,3572,475

1605,994

9799,204

7741,814

168,637

^211,364

Apr. 6,192*

Receivedfrom

Comp-troller

1,8501,1322*0003 4302,741

6001,000

556400

1,0751,624

5209,624

5701,200

800600

200930400775300738

3,3572,600

1106,1251,0009,250

7751,330

145,385

174,041

On hand

243231

21328

1229

7825

126

I431

23

15615917

18

1,632

2,444

>

Out-standing

1^8261,1001,9693 4302,739

587972556400

1,0631,622

5119,546

5681,195

788594

200930399771300735

3,3562,577

1105,969

9859,159

7681,312

143,753

171,597

June 30,1925 [

Receivedfrom

Comp-troller

1,8501,1322,0003 5552,741

6001,000

556400

1,0751,449

5209,624

5711,200

800600

200930400775300738

3,3572,650

1606,1251,1009,250

7751,050

' 146,027

175, 556

On hand

5

473435.13334557

1255643

34551

44

113

891013

2,089

2,494

Out-standing

1,8451,1321,9533,5212,706

599967553396

1,0701,444

5139,499

5661,194

796597

200930397771295733

3,3562,606

1606,0121,1009,161

7651,037

143,938

173,062

Sept. 28,1925

Receivedfrom

Comp-troller

1,8501,1322,0003,5552,741

6001,000

556400

1,0751,100

5209,623

5711,200

800600

200830400750300750

3,3572,650

1606,1251,1009,250

6751,050

147,011

176,962

On hand

20

1493122834

11214

1746

1077

1110

11

19

11811

1107

1,835

2,281

Out-standing

1,8301,1322,0003,5412,648

588972553396

1,0641,098

509,449

5651,190

793593

200819390750300749

3,3562,631

1606,0071,0899,140

6681,050

145,176

174,681

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 310: Annual Report of the Comptroller of the Currency 1925

COUNTEY BANKS

Maine --New HampshireVermontMassachusettsRhode Island —Connecticut

Total New England States...

New YorkNew Jersey _.PennsylvaniaDelawareMaryland. *_

Total Eastern States

VirginiaWest Virginia _.North CarolinaSouth Carolina. _GeorgiaFlorida...AlabamaMississippiLouisianaTexas. ____ArkansasKentucky...Tennessee

Total Southern States

OhioIndiana iIllinoisMichiganWisconsinMinnesotaIowaMissouri

Total Middle Western States

North DakotaSouth DakotaNebraskaKansas -Montana

5,9004,8934,37518,3954,77312,113

50,449

35,17821,02865,7491,1534,012

127,120

19,61810,6829,7037,3147,0454,0308,7532,9692,69325,0543,92612, 30210, 574

124, 663

29,99321,13827,23410,84211, 73311,91915,6995,829

134,387

4,4923,5286,8229,0622,648

72483024882142

622

3992886232229

1,361

12098114874148724027271227847

1,065

235153207141747910126

1,016

2416376116

5,8284,8454,34518,1474,69111, 971

49,827

34,77920,74065,1261,1313,983

125, 759

19,49810,5849,5897,2277,0043,9828,6812,9292,66624,7833,90412,22410, 527

123, 598

29,75820,98527,02710, 70111,65911,84015, 5985,803

133, 371

4,4683, 5126,7859,0012,632

5,7104,6934,36917,1024,77210,333

46,979

33,86921,20763,0641,1534,062

123, 355

18, 73310,4779,6676,7386,0923,8597,6592,9292,61824,1803,59112, 32510,503

119, 371

28, 63120,35526, 26010,68911,04011, 61814,801•5,384

128,778

4,3902,9556,7168,6412,292

132615124862350

904

4853558001652

1,708

18213814414457727837473064013674

1,455

34421528420111611612845

1,449

5316546717

5,5784,6324,31816,8544,7109,983

46,075

33,38420,85262,2641,1374,010

121, 647

18, 55110, 3399,5236, 5946,0353,7877,5812,8922,57123,8743,55112,18910,429

117,916

28,28720,14025, 97610,48810,92411, 50214, 6735,339

127, 329

4,3372,9396,6628,5742,275

5,7104,6924, 34917,0675,1729,923

46, 918

32,94121,09663,1021,1533,960

122, 252

18, 72710,4279,6336,6325,9123,8107,7092,9542,61824,1253,59112,31510,433

118,886

28,43120,35926,19910, 72610,94011,53814,8675,454

128,514

4,3452,8986,7248,6262,292

140415027771224

803

439494

1,0112949

2,022

13416814317177311223441196346946

1,266

3872223071741016910926

1,395

261950586

5, 5704,6514,29916, 7905,1019,699

46,110

32, 50220,60262,0911,1243,911

120,230

18, 59310, 2599,4906,4615,8353,7797,5872,9202,57723,9293,55712, 24610,387

117, 620

28,04420,13725,89210, 55210,83911,46914, 7585,428

127,119

4, 3192,8796,6748,5682,286

5,7104,6934,34916,8175,2729,888

46,729

32,80221, 25163,1141,1533,936

122, 256

18,89710,4279,6336,8495,8224,0247,7842,9792,76923,7403, 59112, 37410, 433

119,322

28, 55420,32326,26210,85510,99011, 39214,6475,754

128, 777

4,2442,8396,5948,6162,267

1196260344107195

887

6024319552436

2,048

182138101896210512647332352714799

1,391

448231268238103979942

1,526

5227486717

5,5914,6314,28916, 4735,1659,693

45, 842

32, 20020,82062,1591,1293,900

120, 208

18, 71510,2899,5326,7605,7603,9197,6582, 9322,736

23, 5053,56412,22710, 334

117, 931

28,10620,09225,99410,61710,88711,29514, 5485,712

127, 251

4,1922,8126,5468,5492,250

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 311: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 53.—Circulation of national banks at date of each report during year ended September 28, 1925—Continued

[Iii thousands of dollars]

Banks in—

COUNTRY BANES—continued

WyomingColorado..New MexicoOklahoma.

Totai Western States

WashingtonOregonCaliforniaIdaho ._UtahNevadaArizona. . ^

Total Pacific States.

Alaska (nonmember banks) -The Territory of Hawaii (nonmember banks)

Total (nonmember banks) .

Total country banks

Total United States

Dec. 31,1924

Receivedfrom

Comp-troller

1,8494,624i 8447,479

41,848

3,13033,626

16,563% 712

5951,229

922

29,250

63450

513

508, 230

722, 626

On hand

18339

60

274

11235

207

1ii5

410

2

2

4,750

7,782

Out-standing

1,8314,5911,3357,419

41,574

3,4913,591

16,3562^79

5881,218

28,840

61450

5ii

503,480

714,844

Apr. 6, 1925

Receivedfrom

Gomp-trollei*

1,7494,2471,3456,899

39,234

3,5143,325

14,2952,374

5951,204

570

25,877

63450

513

484,107

658,148

On hand

21371664

345

5536

203446

243

371

1213

25

6,257

8,701

standing

1,7284,2101,3296,835

38>889

3,4593,289

14,0922^0

1,180567

25,506

437

488

477, S50

649,447

June 30, 1925

Receivedfrom

Comp-troller

1,7494,2251,1206,762

38,741

3,4903,225

14,2102,399

5951,204

570

25,693

63450

513

481,512

657,068

On hand

11257

36

238

5036

20141663

343

13

13

6,080

8,574

Out-standing

1,7384,2001,1136,726

38,503

3,4403,189

14,009

'5861,198

567

25,350

50450

500

4?5,432

648,494

Sept. 28,1925

Receivedfrom

Comp-troller

1,7493,952

6/584

37,964

3, 615

14,0852,339

5451,204

670

25,488

62450

m481,048

658,010

On hand

IS41

68

345

31160307

126

301

28

10

6,508

8,789

Out*standing

3', 9111,1126,616

37,619

3, 5€03,0S9

13,9252,309

5381,192

564

25,18?

60442

502

474,540

649,221

o

oo

©

•a

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 312: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 54,—Gold, silvery coin certificates} legal tenders, and other currency held by national banks at date of each report from JanuaryIS,1914, to September 28, 1925

[For prior years see annual report 1920]

[In thousands of dollars]

Date Gold coinGold

Treasurycertificates

Clearinghouse cer-tificates

(sec. 5192)

UnitedStates cer-tificatesfor gold

deposited 1

Silverdollar

SilverTreasury

certificatesFractionalsilver coin2 Legal-ten-

der notesPaper

currency%Total law-ful money n

o

oo

Nwo

p

mo3

Jan. 1 3 -Mar. 4_.June 30..Sept. 12..Oct. 31.. .Dec. 3 1 -

Mar. 4J_May l._June 23_.Sept. 2__Nov. 10.Dec. 31._

Mar. 7_.May 1-..June 30..Sept. 12..Nov. 17.Dec. 27..

Mar. 5 . .May 1_._June 20..Sept. 11.Nov. 20.Dec. 31..

1914

1915

1916

1917

153,386153,438149, 295156, 234162, 564124,484

124,191117, 611121,173119,950127,118118,416

119,897117,114117,199122, 079127, 599120,396

118,433116,897116, 98379, 54970,00261, 560

314,810333, 612321, 729308, 005315, 862200,179

205,095224, 056276, 046327, 673349, 984295,410

310, 064281,170284, 089286, 418320, 574310, 627

343, 784305, 597224, 515(4)

79,41387, 933

84, 32673,90644,196

64,84870,93274,05964,56959, 56883,964

87, 74978,80166,97177, 54665,62367, 259

67, 31559, 74655,9856,69715, 43113,661

45,15055, 67054,87538,82039, 23019,255

45,93561,91063,11556,17051,60554,960

56,17044,36540, 73543, 68441,73838,636

42,82337, 27016,695

15,18014V 53614,29312,69212,81014,009

13, 51412,00112,42712,09411,47311, 778

11,89711, 73711, 81211, 76211,99113,083

18,02513, 33913, 434

5 39, 4455 42,0075 45,122

148,197126, 321129,824128,445128,450109,210

115> 736100, 544110> 529118, 528111, 074103,860

101,293109, 36598,505100, 66497, 921104,600

97,240102, 612105, 336

24,35422,18421, 60519, 67720,43023, 544

22,53420,19521,19220, 86020, 97521, 375

21, 71021, 01321,168

21,40222,498

23, 37823, 9S023, 738

201,429176, 373177,490157, 508172, 301128,371

127, 091128, 000111, 240122, 765114,978118,117

124,833113,890117, 524105,101101, 496108,847

107,994103, 828105,147(*)(4)

1 Beginning Sept. 11,1917, included with gold Treasury certificates.2 Beginning Dec. 31,1914, includes minor coin.3 Beginning Sept. 11,1917, includes all United States paper currency and bank notes except on the dates when shown under the respective headings.4 Included with paper currency on these dates.6 Fractional silver and minor coin included with silver dollars on these dates.

367, 918388, 680411, 783

981,919968, 067969, 075903, 707925, 553663, 228

718, 944735, 249789, 781842, 609846, 775807,880

833, 613777,455758, 003763,123788, 344785,946

813,992763, 329661, 833493, 609516,120532,126

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Page 313: Annual Report of the Comptroller of the Currency 1925

TABLE N O . 54.—Gold, silver, coin certificates, legal tenders, and other currency held by national banks at date of each report from January18, 1914, to September 28, 1925—Continued

[For prior years see annual report 1920]

[In thousands of dollars]

00O

Bate Gold coinGold

Treasurycertificates

Clearinghouse cer-tificates

(sec. 5192)

UnitedStates cer-

tificatesfor gold

deposited

Silverdollar

SilverTreasury

certificatesFractionalsilver coin

Legal-ten-der notes

Papercurrency

Total law-ful money

Mar. 4 . .May 10.June 29..Aug. 31.Nov. 1.-Dec. 31. .

Mar. 4 . .May 12..June 30—Sept. 12.Nov. 17.Dec. 31. .

Feb. 28..May 4 . . .June 30..Sept. 8 . .Nov. 15.Dec. 29..

Feb. 21...Apr. 28...June 30..Sept. 6.. .Dec. 31. .

Mar. 10.May 5 . . .June 30..Sept. 15.Dec. 29..

1918

1919

1920

1921

1922

52,39444,20234, 26130,41727,67124,725

25,59025,34825,89325,13024,33621,236

22,23422,35721,53222, 51623,510

21,74521,43321,18320,81919,360

20,34720,851

20,7.6219,054

58,348(4)42,910(4)(4)34,467

828,201(4)

()27,259(4)

()22,95119,33317,389

17,01317,52018,35917, 26915,044

12,35912,09811,63911,88411,53011,425

11,22911,15110,94010,87210,85910,878

10,86210,8369,8658,8589,6583,813

251257

108

«41,653«43, 75911,170

«37, 978* 42, 52112,110

«46, 018«43, 51511, 025

8 43, 358«43, 4738 45,431

»40,8398 43, 21510,424* 42, 3506 44, 003«47, 991

* 43, 880« 43, 735

9,099* 36, 790•36,949

»36,182« 35,153

7,771«34,341«37,265

74,850(4)53,317(4)(4)59,781

()42,564(4)

()30,917

8

()24,195(4)

823,012(4)

28,581(6)(8)32,073

()CO31,328(*)(8)

833,193(«)

31,331

()27,114

(*)(4)39,034(4)(4)45,104

834,300(4)

()26,957

8824,421(4)

210,115363, 435161, 789283, 857362,106302,378

353, 002375, 355

359, 851371, 373431,060

302, 816379,875282, 861397, 822370, 866421, 910

332,138337,035238,.561280, 801268,104

262,498260, 968205,061259, 572320, 369

449, 719463,494382, 701364,136443,828522,063

435,839455, 369424,455439, 211450, 041508,605

376,751456,283450, 351471, 546448,037494,400

397,773402, 223374,349357, 798341,811

336,065334, 504326,181331, 951391,840

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Page 314: Annual Report of the Comptroller of the Currency 1925

1923Apr. 3 _June 30Sept. 14Dec. 31

\ 1924Mar. 31June 30Oct. 10.-_Dec. 31

1925Apr. 6June 30Sept. 28 .

19,99519,81120,07018,169

19,12119,25319,67819,368

19,24618,85719,600

16,90319, 30820,42223,787

27,09537,48437,28841,787

35,88052,904(0

18256555

50

«34, 8686,910

« 35,975«39, 002

35, 6297,254

8 35, 293* 40,123

«35,3347,919

()23,004(4)

()26,662

()25, 598(s)

()28,277

8()29,640(5)

0)21,272(*)0)

<)23,8790)(4)

()25, 501(4)

287,199 I175,149 I284, 963305.465 I

261,119202,372267, 776

271,203196,093305,742

359,147291,108361,485386,428

342,969345, 219360,101409,566 1361,671 o359,605 M362,341

4 Included with paper currency. * Fractional silver and minor coin included with silver dollars on these dates.

ao

aO

o

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Page 315: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 55.—Specie held by national banks in the city of New York at date of each report from January 18, 1914, to September 28, 1925

[For prior years see annual report 1920][In thousands of dollars]

O5O00

nw

8KH

I

Date Gold coinGold

Treasurycertificates

GoldTreasury

ceritficatespayableto order

Clearing-house

certificates(sec. 5192)

Silverdollars

SilverTreasury

certificatesFractionalsilver coin

Papercurrency Total

1914Jan. 13Mar. 4 _June 30Sept. 12Oct. 31Dec. 31 _ _

1915Mar 4May 1June 23Sept.2._ ..„_Nov. 10Dec. 31

1916Mar. 7...May 1___ __.June30._ _Sept. 12....._Nov. 17Dec. 27 _

1917Mar. 5May 1...June 20Sept. 11Nov. 20Dec. 31 __

1918Mar. 4____ __May 10.June 29Aug. 31Nov. ! . .Dec. 31

4,8346,2295,4444,9535,5325,208

4,5014,1253,970

7,095

6,0046,3616,4224,3245,9665,199

6,9575,6555,384

3,12330^9

2,2182,3671,9902,1532,2461,745

135,709158,776142,616112,464128,98185,791

82,110101,105145,144190,450209,547154,263

162,042127,628140,655124,877156,330148,326

177,507136,17864,0780)0)0)

15,4480)14,988C1)0)13,820

17,42026,74031,94017,10017,4208,410

31, 58048, 00050,15042,96038,37039,890

31,360

28,15027,28025,070

28,54022,980

r°8

44, 05552, 83060, 54546, 91039, 39020,020

41,95049, 23053, 27043, 09041, 89064,370

65,74060, 77049, 88063,21048,09053,070

46,37045, 05042, 3703,40011, 27011,010

11,36011,15010,85511,22010j 80010,800

484746

* 3,7412 2,0292 4,572

21,8542 2,727

21* 2,0292 2,303

49

50, 67437, 11139, 41347, 32152, 53441,318

47,89836,37137, 30249, 43238,00933,167

25,90231, 20525,90426,10422,97623, 545

22,94622,95924,603

16, 6600)12, 5930)0)11,422

1,3581,2301,2181,1421,1721,233

1,0541,1091,0571,1381,5511,275

1,2431,2841,3821,4541,4551,411

1,3431,6721,659

1,722

~I~569"

64,42169,70267,513

22.63869,80224,02247> 92254,79537,273

254,099282,971281,229229,950245,087162,037

209,138239,989290,945333,222338,876300,101

300,493258,646250,902238,162262,140256,671

282,710234,541142,89072,84586,21486,174

70,17876,04666,19163,32470,14476,678

9oj

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Page 316: Annual Report of the Comptroller of the Currency 1925

1919Mar 4 „ . , , . • ,M a y 12June 30 -Sept. 12Nov. 17Dec. 31

1920Feb. 28 - „,...

June 30Sept. 8 .Nov 15Dec. 29 „ - - -

1921Feb 21Apr 28June 30 -Sept 6Dec. 31

1922Mar. 10 - _M a y 5June 30Sept. 15Dec. 29

1923Apr. 3 . „„-June 30Sept; 14Dec 31

1924Mar . 31 _,June 30 _ _,„-Get 10Dec 31

1925Apr. 6June 30 _ _ _Sept. 28

1.981l) 8721,8601,7701,5561,322

1. 289

]

1,162,134,296930

1,430

1,141L, 103I. 053

945934

942999764729936

642614621689

471429426755

535424703

( i )

C1)11,910(00)0)

(0(1)13,1860)C1)0)

0)0)12, 50310,3598,763

8,6778,6538,5768,1065,003

7,2186,3286,3836,401

6,7578,2828,9227,507

6,8687,357(1)

\

(3)0)0)C1)

(1

h(3(i( i(l

s)

(3)

(3

h(3(3

(3

(3)(3j

(3)(3)(3)

(3)

10, $0010,80010, 80310,80010,80010,800

10,80010,8009,8148,8009,6303,800

5

44

2 2,1752 2,084

602 2,0602 2, 5282 2,330

21,9932 2,152

432 2,4242 2,49623,052

2 2,0692 2,537

172 1 , 5162 1,791

21,7892 1,825

1821,7012 1,801

21,42011

21,6062 1,495

2 1,3817

21,4792 1,962

21,5728

2 1 , 574

0m9,384

0)0)(*)

h5,808

C1)0)0)

0)0)

5,773

C1)

(l)3,764

80) *2,638

0)

0)2,685

0)( i )

2,075

1,504

2,319

1,758

1,690

1/314

1,570

1,532

52,38954,15829,32252,86555,43062,057

47,09650, 60136, 66159,43853,49858,702

47,11952,71031,98933,19433,424

33,09131,44225,53928,06831,214

23,90114,79319,10921,834

19,61815,09219,45025,369

21,91016,71525,582

67,34568,91464,84367,49570,31476,509

61,17864,71568,96571,95867, 55466,984

50,32956,35053,09346,01444,912

44,49942,91940,35138,60438,954

33,18125,69827,71930,419

28, 22728,07030,27735, 593

30,88928,11527,859

* Included with paper currency. 3 Includes fractional silver and minor coin. 3 Included with gold Treasury certificates.

N O T E . Beginning with reports for Sept. 11, 1917, national bank notes, legal tender notes, Federal reserve notes, and Federal reserve bank notes not included in previous clasei»fication of specie, are now included in paper currency and total. OO

Paper currency includes all United States paper currency and bank notes except on the dates when shown under the respective headings. OFractional silver coin includes minor coin beginning Dec. 31,1914. ZQ

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Page 317: Annual Report of the Comptroller of the Currency 1925

310 REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N6. 56.—Reserve held by national banks at date of each report fromSeptember 11, 1917, to September 28, 1925

[In thousands of dollars]

DateNumber

ofbanks

Net amounton whichreserve iscomputed

Amount ofreserve re-

quired

Amount duefrom Federal

reservebanks l

of amountsdue from

Federal re-serve banksto amounton whichreserve iscomputed

Sept. 11,1917...Nov. 20, 1917...Dec. 31,1917....Mar. 4,1918....May 10,1918—.June 29,1918—.Aug. 31,1918—.Nov. 1,1918....Dec. 31,1918....Mar. 4,1919....May 12, 1919. _.June 30,1919—.Sept. 12,1919...Nov. 17,1919...Dec. 31,1919....Feb. 28,1920—.May 4,1920....June 30,1920...Sept. 8,1920-...Nov. 15,1920...Dec. 29, 1920—Feb. 21,1921....Apr. 28, 1921...June 30, 1921...Sept. 6, 1921....Dec. 31,1921...Mar. 10, 1922..May 5, 1922June 30, 1922...Sept. 15,1922...Dec. 29,1922...Apr. 3, 1923June 30,1923—Sept. 14,1923..Dec. 31,1923...Mar. 31,1924...June 30,1924—Oct. 10,1924-..Dec. 31, 1924...Apr. 6, 1925June 30, 1925—Sept. 28,1925..

7,6387,6567,6627,6707,6887,7057,7287,7547,7677,7617,7737,7857,8217,8657,8907,9337,9908,0308,0938,1238,1308,1438,1528,1548,1558,1698,1978,2308,2498,2408,2258,2298,2418,2398,1848,1158,0858,0748,0498,0168,0728,085

10,082,77910,348,80610,556, 54510,462,40910,310,41710,127,91610,456,65910,767, 51011,562, 48311, 283, 71011, 718, 09511,576,14012,274,27212, 721,46712,825,31412,994,19812,806,58812, 727, 79212,693, 65512,493,17912,078, 66111,654,91811,134,11511,016,79410,822,86111,141, 89111,271,10011,471,23111,816,54412,051,22412,349,01812,221,91612,186, 05512, 277, 56012,458,04212,341,06912,800,80213,429, 24613,881,64813,516, 68813, 774, 79513,960, 502

964,528985,004

1,008,104998,291992,194977,268

1,006,6321,032, 2561,113,1421,074,1641,121,3191,107,7191,170,2051,204, 9201,211,6021,225,0251,207,5841,204, 5011,193,9471,172,1751,138,1321,093,9561,045,6871,038,1951,015,4691,056,9761,069,1261,090,2151,124,0261,136, 6911,161, 2921,132,9271,129, 7551,135,8591,152, 2951,145, 5881,203, 8241,265, 6211,306,7091,260, 7471, 289,0091,300,635

1,048,4251,080,0751,114, 0811,074,2111.106,8621,131, 6741,113,6671,101,6291,182, 6081,151,1451,180, 9611,211,0791,229, 5331,264,4821,314,3021,288,1691,267,8231,247,0961,232,0391,220,1521,187, 2511,130,4021,078,7301,041, 7601,031, 4681,145,0741,126, 7931,152, 1111,152,8331, 233, 7171,222, 4641,181,4281,144, 5161,171, 2741.182,8631,162, 0611,200, 2501,305, 5421,397, 5321,275,4961,329,0811,326,534

10.4010.4410.5510.2710.7411.1710.6510.2310.2310.2010.0810.4610.029.94

10.259.919.909.809.719.779.839.709.699.469.53

10.289.91

10.049.76

10.249.909.679.399.549.499.429.389.72

10.079.449.659.50

* Includes cash in vault and due from approved reserve agents of nonmember national banks in Alaskaand Hawaii.

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Page 318: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 57.—Reserve computation of national banks at date of each report during year ended September 28, 1925[In thousands of dollars] (

Banks in—

Dec. 31, 1924

Netamountsdue frombanks notincludedin reservecalculation1

Net amounton whichreserve iscomputed

Amountof reserverequired

Amountof lawfulreservewith

Federalreservebanks

Per centto net

amounton whichreserve iscomputed

Apr. 6,1925

Netamountsdue frombanks notincludedin reserve

calculation1

Net amounton whichreserve iscomputed

Amountof reserverequired

Amountof lawfulreservewith

Federalreservebanks

Per centto net

amounton whichreserve iscomputed

New York.Chicago..

CENTRAL RESERVE CITIES

Total central reserve cities.

OTHER RESERVE CITIESBostonAlbanyBrooklyn and BronxBuffaloPhiladelphiaPittsburghBaltimoreWashingtonBichmondAtlantaJacksonvilleBirminghamNew OrleansDallas - .El PasoFort WorthGalvestonHoustonSan AntonioWaco.Little RockLouisvilleMemphisNashvilleCincinnati

25,33211W

2, 780,022686,929

361,40389,301

384,46495,300

13.8313.87

12. 740904

2,497,192644* 699

324,63583,811

307,43190,340

12. 3114.01

26,446 3,466,951 450,704 479, 764 13.84 13,644 3,141,891 408,446 397,771 12. 66

5,621

1,6187,6781,2634,0375,624

2586,749

182,141

7491,781

1,3731,8541,0991,455

384754461443

2,327

476,35258,82846,00138,912

490,873325,59295,39882,47650,20153,29533,80125,44929,42378,17414,46547,24119,21579,42529,34812,6235,340

57,02910,02528,94877,101

47,6355,8834,6003,891

49,08732, 5599,5405,2485,0205,3293,3802,5452,9427,8171,4474,7241,9227,9422,9351,262

5345,7031,0032,8957,710

53,0155,9834,5304,049

51,78732,6479,5268,2545,1745,6453,3802,1902,7188,3201,5495,0661,6589,1773,2941,270

5365,9251,0322,9778,617

11.1310.179.85

10.4110.5510.039.99

10.0110.3110.5910.008.619.2410.6410.7110.728.63

11.5511.2210.0610.0410. 3910.2910.2811.18

1,1181,893454

1,8874,973

245,475

1,6

2841,359

453, 77465,93044,87439,419485, 733324,24991,10384,85949,66356,55248,44623,98425, 050

722424

1,0499901974

4821,536

14,14946,83418,00177,42930,09212,6046,16559,4189,550

28,66181,280

45,3776,5934,4883,94248, 57332,4259,1108,4864,9675,6554,8452,3982,5057,6931,4154,6831,8007,7433,0091,261616

5,942955

2,8668,128

45, 5366,7934,2223,944

40,87534, 2359,1398,4434,4425,2645,0062,2692,9607,1211,4225,1162,0798,4273,0681,378

6105,7221,0312,8578,517

10. 0310. 309.41

10.018.42

10.5610.039.958.949.31

10.339.46

11.829.26

10.0510.9211. 5510.8810.2010.939.899.63

10.809.97

10.481 This amount represents the net amount due from banks as shown by the reports of those banks whose balances due from exceed the balances due to banks and must be

deducted from the amount in the second column in order to prove the apparent amount of liabilities upon which reserve is required* Certified cheeks and eashier'g cheeks arenow included with amount due to banks in the reserve calculation.

CO

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Page 319: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 57.—Reserve computation of national banks at date of each report during year ended September 28, 1925—Continued

[In thousands of dollars]

CO

to

Banks in—

Dec. 31,1924

Netamountsdue frombanks notincludedin reserve

calculation

Net amounton whichreserve iscomputed

Amountof reserverequired

Amountof lawfulreservewith

Federalreservebanks

Per centto net

amounton whichreserve iscomputed

Apr. 6,1925

Netamountsdue frombanks notincludedin reservecalculation

Net amounton whichreserve iscomputed

Amountof reserverequired

4,6926,473

5604,8763,9001,764

13,0011,6699,247

13,3278,0491,6953,051

6412,125

10,2291,742

19,1691,7947,357

7921,0052,238

4239,200

915850

4,1685,3277,4362,0785,492

16,8161,834

Amountof lawfulreservewith

Federalreservebanks

4,5935,882

8723,8823,9631,807

13,8451,7079,290

12,8018,4601,5732,431

5702,180

11,5091,818

20,2231,8326,879

6461,0232,«82

4129,950

993829

3,7825,5038,0602,1455,377

16,75g1,959

Per centto net

amounton whichreserve iscomputed

9.7910.7516.877.96

iai610.3010.6510.2310.059.61

10.519.287.97

10.5310.2611.2510.4410.5510.219.358.16

10.1710.649.74

MX 8110.859.759.07

10.3310.8410.329.799.97

10.68

OTHER RESERVE CITIES—continuedCleveland _Columbus ___ _ToledoIndianapolisChicagoPeoria... __ .Detroit _.Grand RapidsMilwaukeeMinneapolisSt. Paul _.__Cedar RapidsDes Moines __ _.Dubuque I __. 1 / "".Sioux CityKansas City, MoSt. Joseph .. _ • _St. Loilis__ '____Lincoln.Omaha......Kansas City, KansTopekaWichitaHelenaPenverPueblo ._MuskogeeOklahoma CityTulsaSeattle .

PortlandLos Angeles...Oakland

1,0101,055

0475,748

11,899924

1,923241214

477

6194

2,85036838047

1,606349

1,4391,925

7408,291

75

41,21051,8665,03953,710

16,535

2,312934

17,65286,678142,62989,95515,57224,5795,53219,213110,99519,012204,78416,09371,1497,0419,79823,6374,91490,4059, 6629,21439,00146,47472,06620,46455, 716162,87315,240

4,1215,187504

5,3713,8271,65413,5901,7658,66814,2638,9961,5572,458553

1,92111,0991,90120,4781,6097,115704980

2,364491

9,041986922

3,9004,6477,2072,0465,57216,2871,524

3,6616,271545

4,1593,9961,69311,7491,7569,22712,7348,9662,1122,959591

1,90913,2342,43021,9431,7288,403760

1,0022,194654

11,7701,016943

3,4724,3887,6742,1306,060

18,3191,432

8.8812.0910.827.74

10.4410.248.659.95

10.658.939.97

13.5612.0410.689.94

11.9212.7810.7110.7411.8110.7910.229.28

13.3113.0210.5210.238.909.44

10.6510.4110.8811.259.40

3441,542

5,173

1,3221,460

901271175

424171113

2,44244262

1,32259

2,777596

1632,3132,723113558

3,68639

46,92454,7315,49548,76039,00417,539130,00916,68692,475133,27380,48816,95030,5105,412

21,248102,28417,420

191,69017,93973,5667,91410,05222,3844,232

92,0049,1548,50241,67753,27174,35720,78054,925168,16518, 335

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Page 320: Annual Report of the Comptroller of the Currency 1925

San Francisco..,Ogden...Salt Lake City,.

Total other reserve eities_

Total all reserve cities

Maine...New Hampshire.Vermont.MassachusettsRhode IslandConnecticut .

COUNTRY BANKS

Total New England States..

New YorkNew Jersey.__Pennsylvania.DelawareMaryland

Total Eastern States.

VirginiaWest Virginia...North Carolina.South Carolina..GeorgiaFlorida....AlarmsMississippi^Louisiana.Texas ,ArkansasKentuckyTennessee

Total Southern States..

OhioIndianaIllinoisMichigan..Wisconsin. _Minnesota.IowaMissouri...

Total Middle Western States.

3,10525188.0

101,902

128,348

5,8712,3761,858.12,4263,16016,153

41,844

35,38128, 89967,2.45

9843,410

135,919

10,4186,7098,9187,669

i 6,13511,66412,2555,9915,38367, 67510,94210,4746,195

170,428

25, 61514,78131, 55913, 58716, 34617, 57616,4075,835

141, 7C6

186,9906,101

23,155.

4,213,656.

7,680,607

65,32442,21729,072294,70746,009160,758

638,087

544,097470,026788,92113,06851,211

1,867,323

140,908105, $0899,2§365,&1249,77679,22773,02746,15347,493311,97854, 62193,97774, 705

1,242,273

292,198176,653305, 357132, 216138>694160, 007151, 86254, 077

1,411,064

18,699010

2,216

421,366

872,070

4,5732,9552,035

20,6293,22111,253

44,666.

38,08732,90255,224

9153,585

130, 713

9,8647,4076,9504,5723,4845,5465,1123,2313, 32521,8383,8236,5785,229

86,959

20,45412,36621, 3759,2559,70911, 20110,6303, 785

98, 775

20, 688644

2, 211

443, 742

923,506

4,8133,4642,31821,2983,31410,8.06

46,013

41,19$37, # 959,9881,2173,860

143, 749

10,9108,3598,0535,2914,0296,0895,8973,6213,38124, 2244,2826,7846,543

97,468

21,96413,40922, 795

; 9,7639,89111, 83611,4264,Q93

105,177

11.0610.569,98

10 53

12.02

7,37a 217,977.237. 20.6,72

7.21

7.577.987.609.317. 54

7.70

7.747.908.128.10a 097.69a os7.857.127.767.847.228.76

7.85

7.527.597.477.387.137.407.527. 57-

7.45

2, 434150465

58,086

71, 730

4,2702,1371,5338,9221,86410,018

28,744

35,29221, 58665,684

4193,641

126,622

8,5627,5697,9727, #75,422

22,368H, 4325, 8763,83662, 2519,92610,1526,616

169,409

24, 72911,98032,86514, 08515, 97013, 47215, 2314,074

132, 406

175, 5285,62820,825

4,184, 885

7,326, 776

66, 29240, 52227, 611288, 85544,99015Q, 119

624, 389

554,113455, 704788,08712, m50,849

1,860,864

136,674106, 81296, 52261,29947,546111, 40970, 88746,84146,187

310, 84853, 07393,30975,915

1, 257,322

295, 877170, 274317, 853140, 493150, 019158,141158, 72251, 99.8

1,443, 377

17, 553563

2,082

418, 488

826, 984

4,6402, 8371,933

20,2203,14910,928

43,707

38, 78831,89955,166

8483, 559

130,26Q

9,5677,4776,7574,2913,3287,7994,9623f2793,233

21, 7593,7156,5325,314

88,013

20,71111, 91922, 2509,83410, 50111, 07011, 1113,640

101, 036

17, 630. 5772,060

416, 67$

814,450

4,7273,1982,03320,37Q3,31811,081

44,727

41 28733 16359,408

8893,805

138, 552

10,4608,1936,4274,7393,6258,6335,6303,3413,34823, 6503,9827,0926,022

95,142

21, 64312,41923,17710, 50611,09611,87911, 7163,779

106, 215

10.0410.259,89

9,95

11.12

7.137.897.367.057.377.10

7.16

7.457.287.547.347.49

7.45

7.657.676.667.737.627.757.947.137.257.617.507.607.93

7.57

7.317.297.297.487.407.517.387.27

7.36

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Page 321: Annual Report of the Comptroller of the Currency 1925

TABLE N O . 57.—Reserve computation of national banks at date of each report during year ended September 28, 1925—Continued[In thousands of dollars]

Banks in—

COUNTRY BANKS—continued

North DakotaSouth DakotaNebraska *KansasMontana _ . . _Wyoming _ _ColoradoNew Mexico __ . .Oklahoma

Total Westrn States

WashingtonOregonCaliforniaIdaho . . ._UtahNevadaArizona _

Total Pacific States . _ _

Alaska (nonmember banks)Hawaii (nonmember banks)

Total nonmember banks

Total country hanks

Total United States _

Dec. 31, 1024

Netamountsdue from

banks notincludedin reserve

calculation

12,0986,3907,275

23,54110, 95112, 32412, 4454,008

44, 355

133,387

10,3236,821

21,1606,7112,1611,5682,991

51, 735

11

11

675,030

803,378

Net amounton whichreserve iscomputed

61,19350,24357,033

112,83548,12335,06766,49219,924

165,167

616, 077

79,16554,595

211, 02638, 3806,955

10,18218,839

419,142

2,6024,473

7,075

6,201, 041

13,881,648

Amountof reserverequired

4,2833,5173,9927,8983,3692,4554,6541,395

11,562

43,125

5,5413,822

14,7722,686

487713

1,319

29,340

390671

1,061

434, 639

1,306, 709

Amountof lawfulreserve

withFederalreservebanks

4,7843,8564,4088,3933,8452,4964,9811,510

13,059

47, 332

5,9414,065

15, 5762,891

513744

1,411

31,141

* 1,0092 2,13723,146

474,026

1, 397, 532

Per centto net

amounton whichreserve iscomputed

7.827,677.737.447.997.127.497.587.91

7.68

7.507.457.387.537.387.317.49

7.43

38.7947. 78

44. 47

7.64

10.07

Apr. 6, 1925

Netamountsdue frombanks notincludedin reservecalculation

6,4725,9517,481

17,5616,6623, 251

12, 5592,226

37, 975

100,138

9,4666,970

17,4933,401

538901

2,822

41,591

8419

427

599,337

671,067

Net amounton whichreserve iscomputed

59, 75550,58659, 659

109, 71244,88725, 40465,98018, 691

160,178

594, 852

83,22853, 951

200,79731, 2575,1079,722

18, 553

402, 615

2,6193,874

6,493

6,189, 912

13, 516, 688

Amountof reserverequired

4,1833,5414,1767,6803,1421,7784,6191,308

11, 213

41,640

5,8263,777

14,0562,188

357680

1,299

28,183

393581

974

433, 813

1,260,747

Amountof lawfulreserve

withFederalre-servebanks

4,5243,7894,5948,1943,4551,9834,8851,387

12,127

44,938

6,0813,934

14,5992,271

393696

1,276

29,2502 696

21,5262 2,222

461, 046

1,275,496

Per centto net

amounton whichreserve iscomputed

7.577.497.707.477.707.817.407.427.57

7.55

7.317.297.277.277.707.166.88

7.27

26.5839.39

34. 22

7.45

9.44

3 The cash in vault (exclusive of national-bank notes) and due from approved reserve agents.

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Page 322: Annual Report of the Comptroller of the Currency 1925

Banks in—

CENTRAL RESERVE CITIES

New YorkChicago

Total central reserve cities _.

OTHER RESERVE CITIES

Boston -AlbanyBrooklyn and BronxBuffaloPhiladelphiaPittsburgh _ _.Baltimore _WashingtonRichmond _AtlantaJacksonvilleBirmingham _New OrleansPallasEl PasoFort WorthGalvestonHouston - - -San AntonioWacoLittle Rock -LouisvilleMemphisNashvilleCincinnatiCleveland - --Columbus

June 30,1925

Net amountsdue frombanks not

included inreserve

calculation 1

24,7451,183

25,928

1,4703,541

2033,1005,789

3301,9492,569

1043,680

2,594

932943

61,7731,521

446341804

2961,7231,9781,357

Net amounton whichreserve iscomputed

2,620,743668, 781

3,289, 524

476, 23372,32644,17550,247

490,603317,39394,54780,32148,95056,66054,75122, 57826,72478,39014, 79340,39714,06774, 89528,96411,1776,104

56,6089,052

30,48084, 61849, 83553,078

Amount ofreserve

required

340,69786,941

427,638

47,6237,2334,4175,025

49,06031, 7399,4558,0324,8955,6665,4752,2582,6727,8391,4794,0401,4077,4892,8961,118

6115,661

9053,0488,4624,9835,308

Amount oflawful

reserve withFederal re-serve banks

334,03488,406

422,440

48,4366,0574,3433,886

53,49630,9757,6417,9794,4885,9366,5391,9462,4747,9351,8454,4941,2887,6183,2311,258

6094,672

8773,9887,9944,3495,771

Per cent tonet amount

on whichreserve iscomputed

12.7513.22

12.84

10.178.379.837.73

10,909.768.089.939.17

11.948.629.26

10.1212.4711.129.16

10.1711.1611.269.988.259.69

13.089.458.73

10.87

Sept. 28,1925

Net amountsdue frombanks not

included inreserve

calculation1

5,5782,106

7,684

1,544

1041,2665,228

4821,5203,159

93

2,013

4052,221

225307738

1,407385236244122394

1,748589432

Net amounton whichreserve iscomputed

2,566,459691,920

3, 258,379

465,66456,74744,84242,614

495,166322, 74795,33982,07657,32465,45967,37723,65424, 73085,62613,97039, 59214,84575,49529,44310,1504,609

56,14910,11829,88586,42952,43654,704

Amount ofreserve

required

333,63989,950

423,589

46,5665,6754,4844,261

49, 51732,2749,5348,2085,7326,5466,7382,3652,4738,5631,3973,9591,4847,5502,9441,015

4615,6151,0122,9898,6435,2445,471

Amount oflawful

reserve withFederal re-

serve banks

338,06986,903

424,972

45,9864,7994,5604,139

49,95536,13210,7158,2695,6716,1727,0602,3062,1218,3971,3343,8161,0228,2613,0861,092

5175,3471,0022,8878,9384,6425,969

Per cent tonet amount

on whichreserve iscomputed

13.1712.56

13.04

9.888.46

10.179.71

10.0911.2011.2410.079.899.43

10.489.758.589.819.559.646.88

10.9410.4810.7611.229.529.909.66

10.348.85

10.911 This amount represents the net amount due from banks as shown by the reports

from the amount in the second column in order to prove the apparent amountincluded with amount due to banks in the reserve calculation.

of those banks whose balances due from exceed the balances due to banks and must be deductedof liabilities upon which reserve is required. Certified checks and cashiers' checks are now

HHwQog3

ocj

a

CO

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Page 323: Annual Report of the Comptroller of the Currency 1925

TABLE N O . 57,—Reserve computation of national banks at date of each report during year ended September 28, 1925—Continued

[In thousands of dollars]

Banks in—

June 30,1025

Net amountsdue frombanks not

included mreserve

calculation

Net amounton whichreserve iscomputed

Amount ofreserve

required

Amount; oflawful

reserve withFederal re*serve hanks

Per cent tonet amounton whichreserve iscomputed

Sept. 28,1925

Net amountsdue frombanks not

included inreserve

calculation

Net amounton whiehreserve iscomputed

Amount ofreserve

required

Amount oflawful

reserve withFederal re-serve banks

Per cent tonet amounton whichreserve. Iscomputed

HO

H

woog

OTHER BESERVE CITIES—continuedToledoIndianapolis-Chicago.. _-_._ ..._.Peoria..Petroit—Grand RapidsMilwaukee..- _____ ,MinneapolisSt. PaulCedar Rapids. _Peg Moines,_. ____Dubuque ______Sioux CityKansas City, Mo..St. JosephSt. Louis..LincolnOmahaKansas City, Kans__.Topeka .__WichitaHelenaDenverPuebloMuskogeeOklahoma CityTulsa.Seattle

PortlandLos AngelesOaklandSan Francisco..

140

~5~27Q"

2,9431,740,1,350

229,204

, 1 275

1,404

1,0061,023

2,0871,800

272,1701,643

1231,9082,226

132814

fi.%83341,26218,034

146,02217,88$9^481

136,693

nm4,70028,272

5,419\% 693

100,45616,046

184,21518,42976,1127,159

14,37022, 5083,989

87,11910,0827,63140,81955,55073,00719,35455, 229170,46119, 773179,471

5,384

,m14,6021,79913,6697,3431,4762,827542

1 60418,4211,8437,611'716

1,4372,251

3998,7121,008

7634,0825,5557,3011,9365,523

17,0461,977

17,947

5764,0784,3821,831

2\,m1,7858,917

IS, 179

1,3622,831

m1,998

11, 6821,901

17,639i, 817

7151,4602,286

6029,3971,069

6634,1945,8426,8121,9455,284

17,7302,088

15, 750

7.5S10.6.2iai514 4Q9.9.29,86

11.109.6.19.23

mo*ia80iai11.6311.859,589.86

U,419,9?

lft 1610.1615.0910.7910.608.69

10.2710.529,33

10.059.57

l(X4010.568.78

122

'"§,"733'

7,3801,096

67Q465an

18

1,27a

""las"958635

2,5175.28

38580

1,7062,737

2012,8972,328

1949,386

0,16448,61840,431*6,533

,m81,28813403675, §9615,08427,049.18,75197,08215,668185,05418,25570.1897,18114,60420,9574,22786,8478,722% 14141,6.5563*38272,33119,40669,434168,79820.190186, 891

6164 , 8 ?4,0431,653

13,3821,954

13,6047,5591,5092,706503

1,8759,7081,567

is, m1,8267,019.713

1,4602,096423

8,685872814

4,1656,8387,2331,9416,94316,8802,01918,689

«9% m4,0461,73510,317*978^ , 714,2797., 621J,4Q82,287528

1,85010,3411,51117,5571,778

1,4431,894595

9,005896765

a, 7727,2177,4651,9915,93316,9492,11116,801

10.04$.2010. 0110.497.6310.139.92lft 5010.089.338.46lft 49&8,f10.659.649,499.74

9.889.0414.0810.3710. 279.409.0611.3910.3210.268.5410.0410.468.99

ael

i

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Page 324: Annual Report of the Comptroller of the Currency 1925

QgdenSalt Lake CityV

Total other reserve cities

Total all reserve cities

COUNTRY BANKS

Maine.New Hampshire.Vermont^ ___.___.Massachusetts...Rhode IslandConnecticut......

Total New England States..

New JorfcNew JerseyPennsylvania.DelawareMaryland.....

Total Eastern States.

Virginia..West Virginia.. _North Carolina..South Carolina-

FloridaAlabamaMississippi.Louisiana...TexasArkansas—Kentucky., _.Tennessee...

Total Southern States..

OhioIndianaIllinoisMichigan..Wisconsin..Minnesota.Iowa. _Missouri

Total Middle Western States

112696

68,240

94,168

1,7661, 9319,6141,61013,831

31,787

31,44924,72357,265

6164,193

118,246r • " -

7,4616,7416,3276,7624,77120,4918,4375,2002,99845, 9288,6689,0956,452

139, 331

27, 87714,74130,69112, 91312, 88515, 92614, 6714,096

133, 800

5,05120,440

4, 227,079

7, 516,603

42,92729,501304,56446,087181,946

650, 556

568,371488,020793,4S81% 97752", 712

1,915, 568

136,140108,77389,56459, 66944,677122,325

44,94544,131297,86052,33792,05174,825

1,

301,857181,489327,058140, 708145, 308163,232151, 27154,321

1,465, 244

5062,044

422,708

850,346

4,5873,0052,06521,524)3,22611,336

45,539

39,78634,16255,544

134,090

9,5307,2646,2694,1703,1278,563

3,146

20,8503, 6646,443

- 5,238

80,022

21,13012, 70422,8949,85010,17211,42610, 5893,802

102, 567

5342,i59

431,989

854,429

5,0783,3722,25223,0318,27811,173

48,184

44,5723?, 14860,7931,1094,078

147,700

11,1477,8286,5734,469£, 1739,8295,3633,4988,41022,0193,9256,8606,058

93, 652

22,10413,44124, 90510,60910, 79812, 02110,9784,007

108, 863

10.5710.56

10.22

11.37

7.757.867.631 5 67.11

7.41

7.84

7.668.557.74

7.71

8.197.547.347.507.107.638.047.787.737.397.507.458.10

7.62

7.327.417.617.547.437.367.267.38

7.43

355

65,192

72,876

4,9622,5252,16911,2931,86510,158

32,967

34,34819,34861,181

6213,916

4,66120,803

4, 245, 560

7, 503,939

71, 26945,93130, 933315,37948,040163,387

674, 939

592,666498, 585804,16813, 36763, 488

119,404 I 1, 957, 274

7,4558,6066,6147,040

26,25011,6377,8042,63656,2949,1626,5425,343

16S, 010

28, 51112,72528,57710,50814,17012,49613,4014,910

125, 298

139, 609104,49896,25161,76952", 225156,32576,79851,46860,435

321, 78757,13589, 36977, 518

1, 335,182

306, 562179,927323, 363142, 069145, 571156, 052153,44357, 073

1,464, 060

4662,080

424, 556

848,145

4,9893,2152,16522,0773,36311,437

47,246

41,48634, 55156,292

9363,744

137,009

9,7737,3156,7384,3243, 65610,9436,3763,6023, 51022,525

5,426

93,463

21, 45912, 59522, 6359,94510,19010, 92(410, 7413,995

102, 484

4022,117

422,027

5,2443,5462,39522,4453,37711,743

48,750

35,51558,7611,0143,975

144,354

10,9887,7847,452

4,17711,3126,1583,9858,779

24,0904,3816,4556,183

101,697

22, 11113, 41223,15810,75710, 53711,20211,1534,120

106, 450

8.6310.18

9.94

11.29

7.367.727.747.127.037.19

7.22

7.617.207.317.597.43

7.3

7.437.748.138.067.248.027.747.497.497.677.227.98

7; 62

7.217.457.167,577.247.187.277.22

7.27

m

Io

Wo

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Page 325: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 57.—Reserve computation of national banks at date of each report during year ended September 28, 1925—Continued

[In thousands of dollars]

CO

oo

Banks in—

COUNTRY BANKS—continuedNorth PftlrntaSouth DakotaNebraskaKansasMontanaWyoming _ColoradoNew MexicoOklahoma .

Total

WashingtonOregonCaliforniaIdahoUtahNevadaArizona

Total Pacific States

Alaska (nonmember banks)The Territory of Hawaii (non-

Tn«mbf r barks)

Total (nonmember banks)..

Total country banks_..

Total United States... . .

JojQi 30,1925

Net amountsdue frombanks not

included inreserve

calculation

4,6745,2788,010

17,2736,0963,6859,5171,969

31,485

87,987

8,2916,608

18,4733,355

3901,1351,723

39,975- • ' • • — '•'

10

10

551,136rig.-.. . , :

645,304

Net amounton whichreserve iscomputed

54,28148,84959,067

112,47845,18726,64362,49618,231

154,268

581,500

81,44154,142

207,72532,4174,868

10, 51417,953

409,060

2,749

4,624

7,373

6,258,192

13,774,795

Amount ofreserve

required

3,8003,4194,1357,8733,1631,8654,3751,276

10,799

40, 705

5,7013,790

14, 5412,269

341736

1,256

28,634

412

694

1,106

438,663

1,289,009

Amount oflawful

reserve withFederal re-serve banks

3,9*83,6324,5078,5173,2822,0854,8421,273

11,766

43,892

6,0004,064

14,9982,510

395779

1,398

30,144

a 772

21,445

* 2,217

474,652

1,329,081

Per cent tonet amounton whichreserve iscomputed

7.357.447.637.577.267.837.756.987.63

7.55

7.377.517.227.748.127.417.79

7.37

28.08

31.25

30.07

7.58

9.65

S«pt. 28, 1825

Net amountsdue frombanks not

included inreserve

calculation

6,8615,2046,707

16,6227, 7494,2718,9371,288

25,056

82, 695

10,8057,854

20,8305,474

5241,3622,031

48,880

14

93

107

574,361

647,237

Net amounton whichreserve iscomputed

59,06550,12657,821

115,39747, 74828,02964, 53317,704

153,912

594,335

84,18457, 567

214, 72934,6165,107

10,64217,303

424,148

3,107

3,518

6,625

6,456, 563

13,960, 502

Amount ofreserve

required

4,1353,5094,0488,0783,3421,9624,5171,239

10, 774

41,604

5,8934,030

15, 0312,423

357745

1,211

29,690

466

528

994

452,490

1,300,635

Amount oflawful

reserve withFederal re-serve banks

4,4963,7384,3528,8693,4862,0374,8041,233

11, 593

44,608

6,1414,236

16,0082,727

362785

1,209

31, 468

2 1 , 111

2 1,097

2 2,208

479, 535

1,326,534

Per cent tonet amounton whichreserve iscomputed

7.617.467.537.697.307.277.446.967.53

7.51

7.297.367.467.887.097.386.99

7.42

35.76

31.18

33.33

7.43

9.50

Wmoo

3OF

5

Ocj

9

* The cash in vault (exclusive of national-bank notes) and due from approved reserve agents.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 326: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY 319

TABLE NO. 58.—Aggregate resources and liabilities of national banks from January,1914, to September, 1925

[For prior years see annual report 1920]1914

Resources Jan. 13(7,493 banks)

Mar. 4(7,493 banks)

June 30(7,525 banks)

Sept. 12(7,538 banks)

Loans and discountsOverdraftsUnited States bonds to secure

circulationMiscellaneous securities to se-

cure circulationUnited States bonds to secure

United States deposits *Other bonds to secure United

States deposits.._ _United States bonds on handPremiums on United States

bonds. . .Bonds, securities, etcStockBanking house, furniture, and

fixturesOther real estate owned..Due from national banks (not

reserve agents)..Due from State banks and

bankersDue from approved reserve

agentsChecks and other cash itemsExchanges for clearing house.Bills of other national banks.Fractional currency, nickels and

cents ..Specie.__Legal-tender notesFive per cent redemption fund.. _Due from Treasurer United

StatesClearing-houseloan certificate. __

$6,175,404,961.5321,838,399.48

736,600,910. 00

$6,357,535,898.4121, 335,628. 89

733,564,382.00

$6,430,069,214. 4715,485,641.14

734,897,425.81

50,342,980. 00

67,878,130. 325,112,910. 00

5,071,681. 951,020,494,711.08

50,285,032. 00

59,332,288. 525,476, 718. 00

4,859,610.881,027,326,660.58

256,995,908. 5332,625,254,39

482,036,437.64

251,113,818.01

802,786,844.0637, 244,268.10

263,295,798.4151,797,179.00

3,959,837.04780,490,209. 56201,429,211. 0035, 371,589. 64

14,464,098.96

257,520,014.1833,981,161. 55

513, 728,136.83

230,776,241.19

881,702,559.6840,184,406. 94

282,343,800.6648,177,045. 00

3,964,617.42792, 694,095.14175,373,021. 0035,402,097. 42

8,933,843.97

48,405,573.20

56,781,241.53311,955,298. 58

4,058,150. 561,015, 981,897.19

3 42,809,011.19

268,042,022. 8839,042,865. 78

421,754,572.17

191,921,682.48

777,498,700. 7648,559,951.65

309, 321,303. 0749,659, 728. 00

3,828,925.17791, 584, 566. 61177,490,396.0035, 509, 539. 22

7,533,063.14

5,400,767,386.0117,142,637.10

736,685,849.72

392,663,116.72

48,311,495.63

72,372,019. 726,423,780.87

3,921,759.63941, 723,232. 0742,032,851.94

269,661,511.4640,787,222.13

410,376,729.94

191,968,078.31

673,958,901.0134, 204,681,42

118,588,403.0873,546,639.00

3, 591,586. 83746,198, 917.43157, 508,431. 0044, 323,990.14

3,952, 273. 5252,818,000. 00

Tota l - . 11,296,355,138.70 11,564,497,260.26 11,482,190,770.60 11,483,529,494.68

Resources Oct. 31(7,571 banks)

Dec. 31(7,581 banks)

Loans and discountsOverdrafts.United States.bonds to secure circulationMiscellaneous securities to secure circulationUnited States bonds to secure United States deposits..Other bonds to secure United States depositsUnited States bonds on hand-Premiums on United States bondsBonds, securities, etcStocksBanking house, furniture, and fixturesOther real estate owned. . . - .Due from national banks (not reserve agents)Due from State banks and bankersDue from Federal reserve bankDue from approved reserve agentsDue from banks and bankersChecks on banks in same place.Exchange for clearing house.Outside checks, cash items, etcChecks and other cash itemsBills of other national banks. _Fractional currency, nickels and cents ._Federal-reserve notesSpecieLegal-tender notes _Five per cent redemption fundDue from Treasurer United StatesClearing-house loan certificateAmount paid on account of $100,000,000 gold fund

$6, 316,478,470.6718, 797,351. 32

739,586, 391. 26504,514,045. 4947,873, 491.4069, 365, 717. 264,549,007. 263, 661,325. 74

905,277,164. 3550,804, 335.13

268, 509, 856. 7742,313, 332. 01

392,847,274.13174, 235, 702.92

$6, 347, 636,510. 2715, 798,224. 76

739,160,346. 66"209,400,603.2047,830,427. 3972,885,060. 355,003,963. 633,084,194.96

988,157, 510.4061, 394,185. 49

271,464,956. 0743,258,037.97

634,166,049.02

150,112,100. 24

42,947,630.0687, 382,691.003, 575, 689. 54

261,459,775.05583, 664,900. 21575,324, 679.1431,781, 266.03

262,433,419. 9533,867,431.58

69,466,353.00

753, 252, 764. 40172, 300, 611. 0052, 349, 623. 24

5, 377, 379. 9235, 654,000. 0016, 520, 718. 25

2,013, 685. 00534,857,113.00128,370,974. 0043, 752,166. 7412,616,157. 05

Total 11,492,452,722.38

12,404,075.77

11,357,086,017. 67

1 Includes District of Columbia and island possession bonds.a Includes $5,310,500 United States bonds loaned by New York City banks.*Includes $899,668 erroneously shown on face of banks' reports as bonds, etc.Digitized for FRASER

http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 327: Annual Report of the Comptroller of the Currency 1925

320 REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 58.—Aggregate resources and liabilities of' national banks from January91914, to September, 1925—Continued

[For prior years see annual report 1920]

1914

Liabilites Jan. 13(7,493 banks)

Mar. 4(7,493 banks)

June 30(7,525 banks)

Sept. 12(7,538 banks)

Capital stock paid inSurplus fund _Undivided profits, less ex-

penses and taxesNational-bank notes outstand-

ing _ _State-bank notes outstanding. _ _Due to other national banksDue to State banks and bankers.Due to trust companies and

savings banksDue to approved reserve agents.Dividends unpaid.Individual deposits__United States deposits.Postal-savings depositsDeposits of United States dis-

bursing officers.Bonds borrowedUnited States bonds borrowed..Other bonds borrowedNotes and bills rediseountedBills payableReserved for taxesClearing-house loan certificates

(net balance)Liabilities other than those

above stated

$1,057,676,054.00732,442, 759. 67

25$, 664,337.83

725,326,161.5027, 698.00

1,061,260,991.82561, 006, 715.14

544, 604,116.1143, 630, 770. 304, 264,129. 89

6,072,064,752.6076,815,818.6922, 243,089. 21

7,482,388.8946, 673,867.97

$1,056,482,120. 00731,273,096.28

272,703,334.17

720,640,334.0027, 698. 00

1,201,467, 775.86607, 331, 628. 52

619,704,372.9243,937,637. 701,337,166.00

6, 111, 328,457.1658,609,788.3923, 568,198.75

7, 773,084.9847,123,180.09

$1,058,192,335.00723,338,266. 50

268,184,165.18

722, 554, 719.0027, 693.00

1,017,820,892.71515,742,709.18

60S, 678,412.6542,660, 616.1518, 660, 220. 51

6, 268, 692, 429.7266,654,582. 5523,841,062.65

$1,060, 332,072. 50724,138,519.46

287,343,679.28

918,270,315.5027,693.00

904,331,571.01521,901, 865.51

483, 794,109.1739,871,080.851,250,322.87

6,139,081,279.7769, 712,446.1327,626,325.06

11, 701,475.4160,905,190. 666,155, 905.52

8, 772,534.5745, 372, 735. 524,701,635.23

34,461,34a 00«, 025,690.49

13,436, 527.2177,775>401.267,926,918,00

,2,408,915.49 2,342,482.12 3,516,788.84

34,407, 245.9953,862, 878.4225,981,950.00

124,089,118.738,284,933.48

52,779,000.00

6,443,087.95

Total . 11,296,355,138.70 11,564,497,260.26 11,482,190,77a 60 11,483,529,494.68

Liabilites Oct. 31(7,571 banks)

Dec. 31(7,581 banks)

Capital stock paid inSurplus fundUndivided profits, less expenses and taxesNational-bank notes outstandingState-bank notes outstanding...Due to other national banksDue to State banks and bankersDue to trust companies and savings banks. . .Due to Federal reserve bankDue to approved reserve agentsDue to banks and bankersDividends unpaidIndividual depositsUnited States depositsPostal-savings deposits _Demand deposits. _ .»_Time deposits...- -United States bonds borrowed. _..Other bonds borrowed .Securities borrowedNotes and bills rediseounted _Bills payableReserved for taxesClearing-house loan certificates (net balance).Liabilities other than those above stated

$1,063,162,597.50724,947,101.26293,261,154.09

1,018,193,636. 5027, 693.00

838,651,946.54517,062,823. 64498, 490, 484. 64

$1, 065, 951, 505.00726, 935, 755. 25281, 924, 667. 96848,806, 773.50

37,523,774.92

4,342,374.676, 078, 894,617.69

69,744, 237.5331,232, 267.75

48, 932.32*29,306, 505.17

1,840,416,214.6820,334, 471.83

34, 250, 290.0054,126,345.873,085,024.40

26, 562, 259. 66136,055,212.70

9,642,443. 7349,911,000.003, 285, 436. 29

5,175,140. 032.451,171,222,217.91

34, 586, 272. 4326,308,909.94

774,066.7535, 586, 864. 9596,855,492. 53

2,887,335.00

Total. 11,492,452,722.38 11,357,086,017.67

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 328: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 58.—Aggregate resources and liabilities of national banks from January, 1914, to September, 19251915

RESOURCES

Loans and discountsOverdraftsUnited States bcsnds to secure circulationTotal United States bondsMiscellaneous securities to secure circulationUnited States bond to secure United States depositsOther bonds to secure United States deposits.,United States bonds on handPremiums on United States bondsBonds, securities, etcOther bonds, securities, etc -.Stocks ,_._Stocks other than Federal reserve bank stockStock of Federal reserve bankBanking house, furniture and fixtures .,Banking house , _._Furniture and fixturesOther real estate ownedDue from Federal reserve bank___ „_Due from approved reserve agentsDue from banks and bankers—, ,„Cheeks on, banks in same place _Exchanges for clearinghouse- „_ _,_Outside checks, cash items, etc __.Bills of other national banks.. _Federal reserve notesSpecieLegal-tender notes _Five per cent redemption fundDue from Treasurer United StatesRedemption fund and due from Treasurer United States.Bonds loaned .Customer's liability under letters of creditCustomer's liability account of acceptanceOther assets . ___

Total

Mar. 4(7,599 banks)

$6,499,964, 605.267,046> 534.16

733,138,268.64

44,160, 285.1341, 829, 758. 3Q78, 887, 896. 003,670, 569. 762,555,314.22

1,056,388,707.62

77,463,940.79

272,436,174.50

43,772, 597.11290,678,432.15747,156, 893. 66598,816, 796.9218,361,862.09

194,977,980.6922, 566, 644. 5860,961, 750. 003, 698, 200. 00

591,852t 399.40127,091,112.0036,500, 616. 60,7,686*564.99

5,182,100.00

11, 566, 846,004. 57

M a y 1(7,604 banks)

$6,643, 887, 951. 955, 904, 374. 54

783,994, 426.03

1,158,108,945. 7985,762,039.33

269,417,032.84

49,487, 321. 0829Q, 412, 690.11748,541, 471. 73565,792,955. 7341,948,205.55

335,128,23& 9330,242,625.0950, 747, 743. 00

3, 652, 635. 00607,249,414.29127, 999, 550. 00

44,077,373.12

11, 842, 354, 995.11

June 23(7,605 banks)

$6, 659, 971, 463.445,173, 586. 07

783,453, 730.42

1,191,127,717.2293,787,521.06

277,804,754. 22

43, 971, 595. 32312,657,647.43737,894, 995.04538,425,712.8416,409,445,98

213,005,965.7120,870, 932.3761, 557, 498. 006, 418,130. 00

678, 540, 967.99111, 240, 250. 00

43,373,243. 77

11, 795, 685,156. 88

Sept. 2(7,613 banks)

$6, 756, 680,004.105,060, 626.77

781,726,220.41

1,219,214, 503. 8792,594,892.32

278,392,205.47

43,953,871.52315,409,198, 79811,379, 5 ia 47597,832, 441,6321,792, 640,87

287,289,183.1323,003,077.4057, 618, 958. 006,779, 935. 00

719, 843, 506. 62122, 765, 379. 00

41,392,715.64

52, 321, 053. 5716, 461, 341. 5815, 579,155. 05

12, 267, 090, 429. 00

In thousands of dollars

Nov. 10(7,617 banks)

7, 233, 9297,211

777, 765

1, 343, 8 22

89, 27353,518

249,28831,80844,113

366,185895,830707,39423,189

847,41833,58562,44611,160

731,797114,978

42,535

74,19537, 4357,457

13, 236, 331

Dec. 31(7,607 banks)

7,357, 7326,709

774, 639

1, 375,149

40,03653,689

251,55131,42445,122

403,985834, 392698,92138,588

449, 82843,80963, 93310, 669

689>762118,117

45,939

86,21239,7647,917

13,467, 887

W

aa

o

8adw

Q3

CO

to

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 329: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 58.—Aggregate resources and liabilities of national banks from January, 1914, to September, 1925—Continued

1915—ContinuedfcOfcO

M»r.4(7,599 banks)

M a y l(7,604 banks)

Jun« 23(7,605 banks)

Sept. 2(7,613 banks)

In thousands of dollars

Nov. 10(7,617 banks)

Dec. 31(7,607 banks) 1

aooKo

P

wO

LIABILITIES

Capital stock paid inSurplus fundUndivided profits, less expenses and taxes..National-bank notes outstandingState-bank notes outstanding- _Due to Federal reserve bankDue to approved reserve agentsDue to banks and bankers _Dividends unpaid _>_Demand depositsTime deposits _..United States bonds borrowed-_ .Other bonds borrowed. _Securities borrowed _Notes and bills rediscountedBills payableLetters of creditAcceptances based on imports and exports _.Liabilities other than those above stated

$1,066,689,307.50724,307,901.61288,682,310.67746,517,138.75

$1,065,891,977.50719,329,463. 39293,683,'959. 21727,793,361.50

$1,068,519,105.00722,089,210.17314,755,321. 77722, 703,856. 50

6,345.357,090,458.56

2,236,647,932.101,332,887. 56

5,149,701, 825. 271,199,188, 335. 32

33,602,940.0011,549,476.41

317,943. 5438,534,087.6757,126, 299.62

8,093. 566,415,996.67

2,220,110,108.383,932,185.98

5,407,211,478.111,254,369,875.46

33,536, 806.118,132, 515.48

78,049.4937,568, 342. 2752,965,176.96

500.366,289, 592. 84

2,201,716,024.161,953, 817.90

5,325,853,421.841,285,428, 400. 06

33,336,164.208,436,963.18

98, 556.9939,918, 987. 3158,200, 677.00

5,650,814. 64 11,327,605.04 6,384, 557. 60

$1,068,863,507.70722,577,738. 63300,018,297.47718,496,591.50

22,860.0039,855. 20

6,407,832. 202,459,607,984.33

1,277,906.285,426,610,208.841,335,572, 505. 70

33,822, 390.005,997, 557.42

84,983. 6545,550,405. 5760,169, 307.6455,137,152. 6113,077, 388. 2213,755,956. 04

Total.. 11,566,846,004.57 11,842,354,995.11 11,795,685,156.88 12,267,090,429.00

1,068,649722,877317, 236713,467

2320

7,2872, 702,366

1,6246,070, 2191,375,956

32,1514,999

7642,88860,56775,47126,80813,647

13,236, 331

1,068,049725,554294,267713,314

238

11,2562,727,168

22, 6956,223,8421,417,417

31, 7754,735

7342, 53055,88687, 85931, 9859,451

13,467, 887

9O

}

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 330: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OP THE CURRENCY 323

TABLE NO. 58.—Aggregate resources and liabilities of national banks from January,1914, to September, 1925—Continued

1916

[In thousands of dollars]

Mar. 7(7,586

banks)

May 1(7,578

banks)

June 30(7,579

banks)

Sept 12(7,589

banks)

Nov. 17(7,584

Dec. 27(7,584

banks)

BESOUBCES

Loans and discounts l

OverdraftsCustomers' liability under letters of credit.Customers' liability account of acceptancesUnited States bondsOther bonds, securities, etc -.Stocks other than Federal reserve bank

stock.-Stock of Federal reserve bankBanking house -Furniture and fixtures. -Other real estate owned --.Due from approved reserve agentsDue from banks and bankers __.Exchanges for clearing house_.-Other checks on banks in the same place..Outside checks and other cash itemsNotes of other national banksFederal reserve bank notesFederal reserve notesCoin and certificatesLegal-tender notesDue from Federal reserve banksBedemption fund and due from United

States TreasurerOther assets . .

7,490, Oil5,493

102,38643,829753, 913

1, 464, 787

39,97953, 628252, 98231, 50547,320

1, 022, 642772, 979319,43022, 87430, 01961,908

7, 606, 4286,994

100,32659,072738, 830

1, 525, 567

40,07553, 701

255, 37831,80047, 787954, 822766,200596,89542, 43545,97259,196

7, 679,1676,168

83, 76166,034731, 205

1, 527,832

39, 27253, 651255, 97731,65447, 736843,390694,926444,03336,00741,88454,120

8,940708, 780124,833431,195

41, 7307,518

3 9,077663,565113,890428,191

40,8508,544

3 7,480640, 479117, 524476,103

43,8514,614

7,859,837

77! 51277,879

729, 7771, 624, 627

39,36653,923

259, 42731,90847, 627936, 339780,600392, 68425, 57032, 81762,2381,63413,190663,022105,101531,028

42, 34615,246

8, 345, 7849,31729,001101, 581724,473

1, 709,956

37,54,126261,46432,06848,221

1,035,107983, 659516,70528,29237, 23356,0031,37712,549

101,496649,171

43,02414,912

8,340,62610,40332,44398,192716,950

1,725,347

39,14454,112

262,48932,39248,064

945,812898,890402,59128,38638,55077,0492,083

16,623677,099108,847707,497

48,30121,652

Total. 13, 833, 68114,195, 595 13,926,868 14,411, 537 15, 520,205 15, 333, 552

LIABILITIES

Capital stock paid inSurplus fundUndivided profits, less expenses and taxes

paid. -Amount reserved for taxes accruedAmount reserved for all interest accrued..National-bank notes outstandingDue to Federal reserve bankDue to approved reserve agentsDue to banks and bankersDividends unpaidDemand deposits .- .Time depositsUnited States bonds borrowedOther bonds borrowedSecurities borrowedNotes and bills rediscountedBills payable, including obligations repre-

senting money borrowedBills payable, other than with Federal re-

serve bankBills payable, with Federal reserve bank..State bank circulation outstandingLetters of credit and traveler's checks out-

standing3.Acceptances4

Liabilities other than those above stated.. _

1,067,289724, 664

306, 614

1,067,481724,697

317,473

1,066,049731,389

305,850

695,83511

7,8423,066, 233

1,3006, 221, 2261,495,153

27, 5384,437

11531,083

30,873

682,2452

9,3832,985,959

3,9606, 549, 5831. 586, 435

27,9484,133

17831,489

32,231

676,116

10,1842, 702, 756

21, 0996,473, 3611, 669, 687

27,0534,856

18033,286

35,332

1,0G7,565731, 409

317,0509,2747,568

674,11517

7,1342,908, 512

1,0296, 708, 8831,736, 766

26, 3594,513

322

1,071,116739,336

332,4589,5569,424

665, 2593

9,1243, 339, 628

1,3907, 322, 6881,816, 446

26,5883,984

145

1,070, 793744, 653

343,1399,4539,586

666,4095

12,6863,248,929

2,1847,148,3021,854,740

25,9855,070

458

38,499

23

105,17142, 67710,597

23

102,65359,8369,886

23

85,94369, 30314,401

23

81,18276,60814, 709

24,53957823

31,37298,23118,317

27,0088,123

23

35,009100,34220,655

Total. 13,838,68114,195, 595 13,926,868 14,411,537 15, 520,205 15,333,552

Liabilities for rediscounts, including thosewith Federal reserve bank ... 53,394 48,554 54,627

1 Commencing Sept. 12,1916, notes and bills rediscounted not included in loans and discounts, but shownas contingent liabilities.2 Includes Federal reserve bank notes.8 Prior to May 1 this item read "Letters of credit."4 Prior to Nov. 17 this item read "Acceptances based on imports and exports.*?

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324 OF THE COMPTROLLER OE THE

NO. 58.—Aggregate resources and liabilities of national banks from January^1914, to September, 19%5—Continued

1917[In thousands of dollars]

Mar. 5(7,581

banks)

M a y l(7,689

banks)

June 20(7,604

banks)

Sept. 11(7,038

banks)

Nov. 20(7,066

banks)

Dec. 31(7,662

banks)

BESOtTKCfiS

Loans and: discountsOverdrafts-Customers? liability Under letters of credit.C ustomers!liability account of acceptancesUnited:States bonds.*-.....;-..--..—-• --Payment on account subscription for Lib-

t l f e d

8,712,8627,666

26,70394, 421

714,523

8,751,6798,069

21,135105, 653768,114

y o n f e .Liberty loan bonds ___ - _©thet bonds, securities, etc..Steel other than Federal reserve bank

stock...Stock of Federal reserve banksBanking house -,-_._._.. __Furniture and fixtures.^--*ether real estate ownedB>ae from Federal reserve banksLawful reserve with Federal reserve banks.Kerns with Federal reserve &anfes in proc-

ess of collection —Motes of o t i w national banksFederal reserve bank notes .-.._-__Federal reserve notes.Coin and certificates^.—.LegaL-tender notesGash,in vault. _, .Net amount due from;national banks.B«e from approved reserve agent.Net amounts due from other banks, bank-

ers, and trast companies _ - *Exchanges for clearing house .Checks on other banks in the same place.Outside checfes and other cash items.Redemption fund and; due from U. S.

TreasurerInterest earned but not collected._Other assets. _ -__

Total. _ _ _ _ _ _

8,818,3129,619

24,512135, 734

* 905,127

171,129

), 055,2489,607

23; 43$132, 948

1 941,082

9,535, 52715, 04426,944

147, 9921,651,262

15,07325,052

211, 45801^903

1,770,083

39,18254,329

262,81531, 79848, 277

750,202

1,856,983

39,07454,695

266, 88032,17947, 212

761,995

1,843,047

54,827269,94732,59446, 656

820, 584

217,9001,863,621

42,13455,480

272,19032,61146, 273

702,921 609, 6261,906,782 1,870,967

42,837

273,94132,91746, i r

41,73055,933273,69532,29846; 063

61, 3522,04917, 08Q

705, 998107,994

59,7341,617

16, 376659, 501103,828

65, 6572*24822, 973556, 686105,147

1,077,727

939,054419, 20430, 91937,906

41,199

948,009

890,592578,14558,56445,878

39,547

827,943

809,233445,47147,95837,031

41,363

1,046,102

126,708

493,6091, 292,192

1,077,701

165,118

1,110,204

158,658

516,12036959i

53-V1261,42§,O10

3 341,412401, 74239, 64736,335

43,498

25, 779 25,884 18,304 23, 721

400;593399, 97443, 61542,689

40,40731, 98127, 431

15, 979,122 16,144,403 16,151, 040 16,543,499 IS,-553,197

377,576655,03772,58959,664

42,64917,12131,045

LIABILITIESCapital stock paid in ___Surplus fund. .._Undivided profits, less expenses and taxes

paid ._Interest and discount collected but not

eariied---- :...Amount reserved for taxes accrued.Amount reserved; for all:interest accrued...National-bank notes outstanding.Due to Federal:reserve banksDue to approved reserve agentsNet amounts due to national banksNet amounts due to other banks, bankers,

and trust companiesDividends unpaid ^Demand depositsTime deposits _United States depositsPostal-savings depositsUnited States bonds borrowedOther bonds borrowed•„....Securities borrowedBills payable* other than with Federal

reserve banks ___.Bills payable with Federal reseryo banks.,State bank: circulation outstandingLetters of credit and travelers' checks

outstandingAcceptancesLiabilities other than those above stated..

T o t a l . . .

1,073,875754, 621

317,412

1,079, 669761, 654

329,712

1,082, 7797£23€7

353,407

1,090,318769,050

354,023

l,.082,2O7774,575

5,8628,562

661,1578

7,873

7,77210,997

656,1001

8,579

7,II, 405

660,43148

11,233

11, 56910,142

665, 6423,757

3^52©14,43413,530

669, 6624*223

1,092,606784*065

323,126

28,92615,7219,880

674, 2543,180

3,675, 3841,155

7,289,1101,984, 650

3,370, 5584,741

7,618,0112,078,448

26, 8714,949

77

17,6602,999

23

29,476101, 485

15, 913

28,4454,904

182

25,4608*827

23

23,620110, 54916,151

3,014,3332,464

7,431,0292,090, 619« 132,965

6 89,14232,75817,661

363

48,926184,736

23

27,082144,41445,175

1,196,330

1,848,463

7,679,3702, 295, 982

210,39565,415

1,257,587

1,845; 707

1,288,7*.

1,901,803

8,056,9482, 281, 8651,352,006

8,436,3952,,298,282

517,315

51,88063,790

17

36,752138, 23131,076

110,19065,674

276

57,200295,532

17

39,688153, 64558,901

33,591347

67,183199,249

17

37,639217,19045,130

Liabilities for rediscounts, including thosewith Federal reserve banks

15, 979,122 16,144,403 16,151,04016, 543, 499 18, 553,197 18,073,308

49,068 58,027 139,3€6 169,434 247,213 475,4161 Includes United States certificates of indebted-

ness and excludes Liberty loan bonds.2 Included under heading " Cash in vault."3 This item formerly included amounts due from

national banks other than approved reserve agents.

* Included with demand deposits.8 Prior to June 20, 1917, included with demand

deposits.6 Included with time deposits.

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REPORT OP THE COMPTROLLER OF THE CUESEKCY 325

TABLE NO. 58.-~-Aggregateresources and liabilities of national hanks from January\1914, to. September, 1985—Continued

[In thousands of dollars]

Mar. 4(7,670banks)

May 10(7,688banks)

June 29(7,705banks)

Aug. 31(7,728banks)

Nov. 1(7,754banks)

Dec. 31(7,767

banks)

RESOURCES

Loans and discounts -•_—Overdrafts: _ _ _ _ - .— .,Customers' liability under letters of credit.Customers' liability account of accept-

ances. _-____._.United States bonds,, other than Liberty

loan bonds-*_ ____-_.Liberty loan bonds -Other bonds, securities,, etcS&fcs> other than Federal reserve bank

sfofcfcSloefe of Federal reserve banksBanking: houseFurniture and fixtures.Otnet real estate owned.Lawful reserve with Federal reserve banks.Items with; Federal reserve Banks to proc-

ess o& colJeetion -

Net amount duet from national banksNet amount due from other banks-, bank-

ers, and trust companiesExchanges for clearing houseChec&s on other, banks in the same place..Outside checks and other cash items^Redemption fund and due from U. S.

Treasurer.-. __. ..—_.. .._ „Interest earned but not collectedWar-savings certificates- and; thrift stamps

actually owned.Other assets-.- ___- -_.

fy 139, 22513,58625,022

222,176

1,645,118475, 531

1,815,340

39,21356,219

276,50232,68945, 871

l,07i;i55

171,876449,719

1,441, ~

388,693509, 53952,31852,080

41.98412,683

5,95530,427

9,260,04111,66223,324

239j 102

1,796,194861, 329

1,757,588

42,41256, 756

277,31533,34045, 639

9,620,40212,49716,284

221,397

1,386,251730, 534

1,740,845

9,493,666 10,096,9401 9,918,29414,306 16,8141 1;2,96815,275 12,563 13,204

172,451463,494

1,162,750

435,92642,97344,206

40,01113,558

5,44021,524

56,982277,94133,49546,306

1,129,557

183,892382,701

1,147,877

314,536310,22746,54557,698

39,06414,261

12,49815,052

231,673

1,787,378668,048

1,695,070

42,75357,259

280,61534, 02746,642

1,111,432

196,315364,136

1,196,409

331,387293, 57246,26251,697

39,63714,335

10,84220,869

310,593

1,781,9933,374,3191,660,465

48*17757,427282,01234,65346, 765

1,099,208

260,425443,828

1,177,169

356,137533', 43568,71864,037

39,27112,987

10,18024,288

Total. 18,014,91118,249,90J 17,839,, 502 18,043, .605 19,821,404 20, 042,224

LIABILITIES

Capital stock paid in _Sttfiplus fund..__ . ._Undivided profits, less expenses and taxes

Interest and discount collected but notearned -._•_._.

Amount reserved for taxes accruedAmount reserve&.for ail interest accrued- _National-bank: notes outstanding ,_.Due to Fedierai reserve basnfesNet amount, due to national banks,Ne t amount due to other banks^ bankers,

and" trust corapaniesDemand deposits _.Time deposits. ,United States deposits _United States bonds borrowedOther bonds borrowed-Securities borrowed

1,094,338801,165

332,326

26,56517,48110,761

672,1613,263

4 $ IS*

Bills payable,, other than with- Federalreserve banks'

Bills payabfe with Federal reserve banks..State bank circulation outstanding.. _-Letters of credit and travelers' checks

outstanding— , -Acceptances . - _.Time; drafts outstanding... _.. .Liabilities other than those above stated...

1,949, 7858,084,1462,370,679

682, 71266, 79526,534

814

44,130191,229

17

37,138230,164

1,51623,008

1,096,932808,143

365,937

27,27921,1-1814,169

680; 4454y691

t, 139,776

1,743,1348,094,6862,342,7471,060, 086

77,86529, 7812,014

59,839315,124

19

32,441250, 323

2,43995; 917

1,098.556809,138

342,093

29,396:18,36310,700

681, 6315,522

1,100,919

1,695,6427, 838,1502,343, 5891,037.787

102; 62027, 5782,078

84,467283,367

19

26,240231,805

2,93166,905

1,101,839813,769

27,85722,48412,354

674,2016,042

1,104,074

1, 775,8208,095, 7492,397,491

506, 583104,71119,984

922

90,813600,051

19

24,785243,772

3,99749> 651

1,107,760820,663

377,875

27,86531,52414,348

675,69810,076

1,125,124

1,766,0598, 640,8182,.372r5121,136,884

228,40115,138

78,705859,132

19

23,640332,719

163- 925

TotaL 8*014,911 .8,249,905 7, 839, 502 18, 043, 605

Liabilities for rediscounts, including thosewith Federal reserve banks _ _ _ 421,537 469,208 515, 603,141 629; 154

291,502

1,735,8891, 213,989-1,683,071

47,46158,100

281,90434,51845,034

1,180,163

286,384522,063-

1,303,145

349,385816,45569,87771,320

45,59634,817

6,51620,569

1,109,735845,282

48,87938,09811,956

676. 8278,911

1,248,569

1,917, 7759, 460, 5772,473, 868

313, 381184,92912,279

400

61,564817,264

19

21,691305,101

6,419140,104

9, 821,404 20, 042, 224

502,007

1 Includes United States certificates of indebtedness owned,-

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326 REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 58.—Aggregate resources and liabilities of national banks from January,1914, to September, 1925—Continued

1919[In thousands of dollars]

Mar. 4(7,761

banks)

May 12(7,733

banks)

June 30(7,785

banks)

Sept. 12(7,821

banks)

Nov. 17(7,865

banks)

Dec. 31(7,890

banks)

RESOURCESLoans and discountsOverdrafts. _ ---Customers' liability under letters of credit-Customers' liability account of acceptancesUnited States bonds, other than Liberty

loan bonds * _ -Liberty loan bondsUnited States Government securities

owned *Other bonds, securities, etcStocks, other than Federal reserve bank

stockStock of Federal reserve banksBanking houseFurniture and fixtures __.Other real estate owned __Lawful reserve with Federal reserve banks.Items with Federal reserve banks in proc-

ess of collection ._.Cash in vault.Net amount due from national banksNet amount due from other banks, bank-

ers, and trust companiesExchanges for clearing houseChecks on other banks in the same place._.Outside checks and other cash itemsRedemption fund and due from U. S.

Treasurer.. _Interest earned but not collectedWar savings certificates and thrift stamps

actually ownedOther assets ___

Total

9,691,18713,8812,336

263,108

2,652,3541,029,253

9,904,82110,574,83812,4211,708

217,819

14,0533,021

260,486

11,085,462 1115,1314,592

308,049

, 560, 24223,1164, '"'

343,008

11,786,22717,0447,690

3,024, 5881,003,522

1,722,3941,449, 518

1, 701,025

47,61458,393282,49234,94345,262

1,149,100

273,383435,839

1,296,659

344,554479,04049,45752,463

45,70341,598

5,11323,003

1,743,005

47,35358,729286,91635,85445,883

1,179,080

291,397455,369

1,256,325

337,108686,83162,03458,644

37,86445,262

4,61327,815

1,767,038

49,50359,068287, 59836,15645, 853

1,208,969

287,415424,455

1,205,779

375,300754,50468,76572,945

38,60446,206

4,40242,680

3, 296, 5931,806,595

52,14860,473

37,51947,813

1,227,341

377,861439,211

1,268,627

439,049610,33152,65259,594

40,36447,673

()48,430

2,881,8811,870,103

51,87361,426295,93238,99346,355

1,262,339

476, 37;450,041

1,433,555

533,669829,78490,19077,873

38,71646,9ir

2,723,4931,874,028

49,60661,584300,39439,25943,485

1,312,112

456,595508,605

1,350,320

493,360960,531102,27482,642

41,51645,109

27,685 61,94920,017,760 20,824,991 20, 799,550 21,615,416 22,444,992 22,711,375

LIABILITIESCapital stock paid inSurplus fundUndivided profits, less expenses and taxes

paid _Interest and discount collected but not

earned.-. _Amount reserved for taxes accruedAmount reserved for all interest accrued. _.National-bank notes outstandingDue to Federal reserve banksNet amount due to national banks __.Net amount due to other banks, bankers,

and trust companies.Certified checks outstanding *_Cashier's checks outstanding *_Demand depositsTime deposits _United States depositsUnited States Government securities bor-

rowed 6

Other bonds borrowedSecurities (other than United States or

other bonds) borrowedBills payable, other than with Federal

reserve banksBills payable with Federal reserve banks..State bank circulation outstandingLetters of credit and travelers' checks out-

standingAcceptances.. _ 'Time drafts outstanding _Liabilities other than those above stated-

Total

1,106,550854,433

358,753

54,33841,14114,323

673, 9237,867

1,233,456

1,958,105159, 339138,672

8,558,3842,652,666

591,318

171, 205

473

47,6981,014,629

19

10,372269,173

9,95784,598

1, 111, 501859,603

387,956

55,80439,33717,149

676,8596,724

1,197,673

1,886,836269, 374179,859

9,103, 5342, 729, 245

530, 551

168,2715,956

59

47,2291,152,291

19

15,215224,151

14,661145,134

1,118,603872,226

372,649

55,11640,65813,794

677,16210,912

1,134,918

1,839,158275,106206,846

9,106,1922, 784,940

566, 7932 233, 738

6,193

504

58,284991,117

19

17,061272,035

13,526132,000

1,137,970

414, 706

58,01444,88616,592

681, 58913,508

1,208,451

1,153, 752902,905

437,395

60,82745,98719,550

680,87914,268

1,357,459

1,158,259921,335

376,707

60,78040,12714,257

685,76912,865

1,273,849

1,845,041 1,998,993 2,062,659217,125 296,795 318,828206,012 215,933 284,645

9, 751,533 10,260,33010,325,1622,921,034 3,053,685 3,139,542

518,903 270,390 448,863

190,1635,062

510

50,6401,013,966

58

9,911323,22613,37987,057

167,328

97

56,1991,005,956

58

6,644359,110

11, 70162,419

182,7655,547

31

57,177881,134

58

9,088407,639

5,47238,817

Liabilities for rediscounts, including thosewith Federal reserve banks

5 6 0 21,615,416 22,444,992 22,711,375

388,896 348,203 435,368 440,910 680,476 973,4991 Included United States certificates of indebtedness owned.2 Includes Victory notes.3 Now included with United States Government securities.* Includes Liberty loan bonds, Victory notes, United States certificates of indebtedness, and all other

issues of United States Government securities.* Formerly included with demand deposits.s Prior to Sept. 12 this item read United States bonds borrowed including Liberty loan, and certificates

Of indebtedness.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 334: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY 327

TABLE N O . 58.-—Aggregate resources and liabilities of national banks from January,1914> to September, 1925—Continued

1920[In thousands of dollars

Feb. 28(7,933

banks)

May 4(7,990

banks)

June 30(8,030

banks)

Sept. 8(8,093

• )

Nov. 15(8,123

banks)

Dec. 29(8,130

banks)

RESOURCES

Loans and discountsOverdraftsCustomers' liability under letters of credit-Customers' liability account of acceptancesUnited States Government securities

owned _Other bonds, securities, etcStocks, other than Federal reserve bank

stock _ _Stock of Federal reserve banksBanking house -- -Furniture and fixturesOther real estate owned. _.Lawful reserve with Federal reserve banks.Items with Federal reserve banks in

process of collectionCash in vaultNet amount due from national banks

; Net amount due from other banks, bank-ers, and trust companies.

Exchanges for clearing houseChecks on other banks in the same p^ce__Outside checks and other cash items..Redemption fund and due from United

States TreasurerInterest earned but not collected-Other assets

11,994, 523 12, 288, 582 12,396, 900 12,415, 762 12,311, 514 12,095,29519,215 16,406 16,481 17,545 19,277 16,9967,518 5,759 9,218 8,710 (*) (0

410,679 425,390 416,417 398,661 384,619 354,184

2,459, 4241,859, 231

48, 64662,967305,91240,90844, 741

1,286,290

437,860376, 751

1, 296,428

345,961435,61569,01065,844

43,19448,223203,600

2,375,8011,835, 089

48, 66264,153311,71542,98143,975

1,266,209

454, 726456, 283

1,121,415

316, 882552,05268,97965,289

38,21345,681194,472

2,269, 5751,802,196

49,40765,287

315, 73544, 25944,960

1,245, 233

482,109450, 351

1,072, 222

321, 637766, 21578,35079,261

38,90248,005184,017

2,175,0191,805,579

51, 73266,850

322, 73246, 39445,931

1, 230,282

493, 215471, 546

1,110,772

313,451511,37562,82964,399

41, 33250,535180,829

2,152,4651,

52,46868,273332,18349,24745,922

1, 218,007

530,490448,037

1,076, 050

298,913796,09878,04576, 548

39,45948, 251222,961

Total . 21,862,540 22,038,714 22,196, 737 21,885,480 22,081,913 21,367, 799

LIABILITIES

Capital stock paid in_____Surplus fund. .._Undivided profits, less expenses and taxes

Interest and discount collected but notearned -

Amount reserved for taxes accruedAmount reserved for all interest accrued..National-bank notes outstanding _Due to Federa 1 reserve banksNet amount due to national banksNet amount due to other banks, bankers,

and trust companiesCertified checks outstandingCashier's checks outstanding _Demand depositsTime depositsUnited States deposits.Total depositsUnited States Government securities bor-

rowed.Other bonds borrowed... ___.Securities (other than United States or

other bonds) borrowedBills payable, other than with Federal re-

serve banksBills payable with Federal reserve banks..State bank circulation outstandingLetters of credit and travelers' checks out-

standingAcceptances...Time drafts outstandingLiabilities other than those above stated-.

1,182,082944,126

404,443

66, 70142, 55016,052

687, 57514, 261

1,249,673

1,214, 769960, 598

437, 701

71,04743,69719, 765

688,46019,039

1,084,437

1, 224,166 1, 248, 271

411,525

73, 54546, 34315, 375

688,178. 19,161

1, 017,141

459,139

74, 51751,19017, 905

693, 27021, 316

1, 076,101

1, 269,9301,016,522

483,801

74, 56051,06622,155697,88624,086

1, 046, 908

2,044,459 1,836,103 1,807,718 1,694,24971,647 165,976 174,802 136,644

213,801 169,880 255,486 174,25910,044,189 10,123,428 10,219,824 10,035,636 10,0983,259,178 3,410,480 ~ J ~ "

67, 914 115, 20016,966,1S216,9*4,648

3,485, 501175,788

17,156,421 16, 751,95616,961, 70216,2771

3, 560,29853,453

',751,'"

1, 577, 579237,839208, 055

1,8843, 621,112147,239

116, 2125,84"

55,986912,095

58

7,498424, 669

1,28,544

123, 2434,620

1,526

98,281952, 624

58

26,745438,430

1,15131,456

130, 9604,608

115,457876,095

58

11,149431,198

83125, 443

136, 9143,823

129,968879,368

58

8,602414,583

15318,835

131,3094,675

196

154,184783, 242

58

6,371406, 525

24517, 486

Total. 21,862, 540 22, 038, 714 22,196, 737 21,885,480 22,081,913

Liabilities for rediscounts, including thosewith Federal reserve banks 1,096,509 lf 214,174 1,214,516 1,290,304 1,453,207

2,131, 5731,864, 758

57,19168, 505

336,90150,82446,966

1,184,736

422,602494,400942,174

255,399620,945

53, 75256,877

38,37651, 252

224,093

1, 272, 2911,019, 928

495, 722

73,07546,51621,950

693,91917,900

938,053

1, 589, 767178,584204,318

9, 505,1753,631,837

212,123-",757

140, 5514,399

151, 775759,247

58

5,565375,41§

10329,522

21,367, 799

1, 431,641

* Sinoe Sept. 8, 1920, letters of credit included with loans and discounts.

67746°—26f 22Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 335: Annual Report of the Comptroller of the Currency 1925

828 BEPOBT OF THE COMPTEOLLEE OF THE CURRENCY

TABLE N O . 58.—Aggregate resources and liabilities of national banks from January%19HY io September, 1925—Continued

[In thousands of dollars]

Feb. 21(8,143

Apr. 28(&,152

banks)

June 30(8,154

banks)

Sept. 6(8,155

banks)

Dec. 31(8,169

banks)

RESOURCES

Loans and discounts1 -OverdraftsCustomers' liability account of acceptances-United States Government securities ownedOther bonds, stocks, securities, etcBanking house, furniture, and fixtures..—-Other real estate owned. _Lawful reserve with Federal reserve banks.Items with Federal reserve bank in process

of collection . .Cash in vault -~Amount due from national banksAmount due from other banks, bankers,

and trust companiesExchanges for clearing houseChecks on other banks, in the same place..Outside checks and other cash itemsRedemption fund and due from United

StBtes TreasurerOther assets

Total.,

LIABILITIES

Capital stock paid inSurplus fund _ _.Undivided profits, less expenses and taxes

paid :National-bank notes outstandingDue to Federal reserve banksAmount due to national banks...Amount due to other banks, bankers, and

trust companiesCertified checks outstandingCashier's checks on own bank outstanding.Biernand depositsTime deposits - ~United States deposits.-Total depositsUnited States Government securities bor-

rowed _Bonds and securities (other than United

States) borrowedBills payable, other than witk Federal

reserve banks _Bills payable with Federal reserve banks..Letters of credit and travelers' checks out-

standingAcceptances executed for customers and

to furnish dollar exchange less thosepurchased or discounted

Acceptances executed by other banks „Liabilities other than those stated above...

11,680,83712,360

330, 0232,047,2341,980, 825

390,76047,651

1,128, 517

334,722397, 773

2 901,201

> 216,957473,208

46, 01646,066

37,101236,400

11,367, 07410,770

282,47S2,001,8211,990,970

52,3981,077,155

313,385402,223

a 752,934

» 218, 797390,46537,10139,789

35,600198,711

11,125, 0999,970

238,2872,019,4972,005,584

410,39251,742

1,040,205

328,002374,349756,861

259,656656, 09360,47861,238

36,290204, 703

10,977,61412,355

202,3541,862, 9771,973,749

421,02752, 939

1,029,978

357,798808,619

231,044467,84554,97355,242

35, $45165,274

20,307,651 19,570,699 19,638,446 19,014,102

1,273, 2051,029,406

560,540

14,7132 887,018

2 1, 501, 563122,386166, 202

8,960, 5933, 712, 430

113,449

15,478,854.

121,895

3,660123,169658,283

5,726

» 345,644

L 271,3831,024, 761

521,164679,577

16, 5112 751,749

11,337,072

162, 7358,601, 7873,698, 518

175,14914,851,859

130,785

4,086

136,923585,023

5,317

287,17717,05455,590

1,273,8801,026,256

496,155704,14718, 678

699, 705

1,432,628147,003189,647

8,709,825-3,695, 806249,039

1514%S$1

1,276,1771,027,373

538,784704,66816,068757,985

1,343,245124,87G175,243

8> 352,7563,680,704

109,98156Q852

100,324

2,830

140,195452, 368

6,188

84,847

3,23€

11,24342,847

417,859

4,976

206,50711,67343,320

Total. 20,307,651 19,570,699 19,638,446 19,014,102

Liabilities for rediscounts, including thosewith. Federal reserve banks 1,144,077 989,556 879,416 705,078

10,981, 7839,949

200,6631,975,8982,081,442

429,92954,368

1,143,259

349,911341,811863,508

228,802437,75069,23662,209

36,697152,921

19,420,136

1,282,4321,033,406

464,782717,473

18, 882779,783

1,467,22156,061

208,7958,606,9433,749,328

188,089

15,075,102

66,923

5,740114,434381,889

3,951

202,37816,55855,063

19,420,136

523,606

i Includes customers' liability under letters of eredit.* Prior to June 30,1921, this item called for." Net amounts."8 Includes acceptances executed by other banks.

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Page 336: Annual Report of the Comptroller of the Currency 1925

BEPOBT OF THE COMPTKOLLEB OP THE CUBBENCY 329

TABLE NO. 58.—Aggregate resources and liabilities of national banks from January,1914, to September, 1925—Continued

1933

[In thousands of dollars]

KESOURCES

Loans and discounts (including redis-counts) i

Overdrafts. _Customers' liability account of acceptances.United States Government securities

owned __Other bonds, stocks, securities, etcBanking house, furniture, and fixtures.Other real estate ownedLawful reserve with Federal reserve banks.Items with Federal reserve banks in

process of collectionCash in vaultAmount due from national banksAmount due from other banks, bankers,

and trust companiesExchanges for clearing house _.Checks on other banks in the same place..Outside checks and other cash itemsRedemption fund and due from United

States Treasurer _Other assets ___

Total

LIABILITIES

Capital stock paid in «...Surplus fundUndivided profits, less expenses and taxes

paid.. __National bank notes outstandingDue tb-Federal reserve banksAmount due to national banksAmount due to other banks, bankers, and

trust companies-. \ ,Certifled checks outstanding. _ _Cashier's checks outstanding _Demand depositsTime deposits (including postal savings) _._United States depositsTotal depositsUnited States Government securities bor-

rowed ___Bond& and securities (other than United

States) borrowed _Bills payable (including all obligations

representing borrowed money otherthan rediscounts)

Notes and bills rediscounted (includingacceptances of other banks and foreignbills of exchange or drafts sold with in-dorsement) _.

Letters of credit ami travelers' cheeks out-standing.

Acceptances executed for customers andto furnish dollar exchange less thosepurchased or discounted

Acceptances executed by other banksLiabilities other than those stated above...

Total

Mar. 10(8,197

banks)

11,282, 57911,295

169,887

2, 031, 5642, 086, 596

440, 29657, 598

1,124, 707

312, 900336, 065987,816

248, 578481,368

38, 20741, 205

36,507163, 234

19,850,402

1, 289,5281, 036,184

508,560719,57017,641

962,140

1,560,920174,469175,632

8,446,5303,837,759

215,347

15,890,438

53,722

6,103

275,089

323,737

4,719

171,33213,86957,551

19,850, 402

May 5(8,230

banks)

11,184,11610,227

168,935

2,124,6912,162,587

444, 36862,531

1,150,885

330,917334, 504974,375

244, 707681,269

45, 21544,053

36,823176,445

20,176, 648

1,296,2201,040, 249

522,658720, 984

21, 213

1,657,409190,877193,763

8, 707, 2013,918, 282

141, 844

15, 766,988

46, 225

3,058

248,681

285,940

5,050

170,13214, 74855, 715

20,176,648

June 30(8,249

banks)

11, 248, 2149,198

176,238

2,285,4592, 277, 866

452,43464,383

1,151, 605

355, 666326,181974,975

267, 050767,09663,39464,928

36,767184,556

20, 706, 010

1,307,2161,048,806

492,434725, 74819,852916,740

1, 565,459205,682245,091

9,152,4154,11], 951103,374

16,820,561

42,475

2,897

228, 481

280, 271

8,256

172,88716, 49459,481

20, 706, 010

Sept. 15(8,240

banks)

11,236,02512,141

171,190

2,402,4922,289, 782

459, 02067, 789

1, 232,104

418,923331,951

1,063,695

299,541614,771

54, 62363,112

36, 656172,284

20, 926, 099

1,307,1221,042,197

539,047726,78926,472

1,031,648

1,582,444164,427208, 991

9,270,3784,169, 220

145/182

16,598,762

38,104

2,990

181,765

247,559

165, 71517, 65451, 756

20,926,099

Dec. 29(8,225

banks)

11,599,66813, 045

208,465

2,656,5602,347,479

470, 64475,178

1,220,847

455,792391, 840

1,065,820

316,966777,57270,08862,221

36, 825205,947

21,974,957

1,317,0101,075,545

528,924723,81928,109

1,035,961

1,691,307218,464287, 733

9, 535,9954, 318,736

304,176

17,420,481

34,615

2,948

310,781

262,421

4,889

199,84423,63170,049

21,974,957

* Includes customers' liability under letter of credit.

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Page 337: Annual Report of the Comptroller of the Currency 1925

330 REPORT OP THE COMPTROLLER OF THE CURRENCY

TABLE No. 58.—Aggregate resources and liabilities of national banks from January,1914, to September, 1925—Continued

1933

[In thousands of dollars]

RESOURCES

Loans and discounts (including rediscounts)1

Overdrafts ._.Customers' liability account of acceptancesUnited States Government securities ownedOther bonds, stocks, securities, etcBanking house, furniture and fixtures._.Other real estate owned --._Lawful reserve with Federal reserve banksItems with Federal banks in process of collectionCash in vault - --Amount due from national banksAmount due from other banks, bankers, and trust com-

paniesExchanges for clearing house.C hecks on other banks in the same placeOurside checks and other cash itemsRedemption fund and due from U. S. TreasurerOther assets -

Total _

LIABILITIES

Capital stock paid in - -Surplus fund _Undivided profits, less expenses and taxes paidNational bank notes outstandingDue to Federal reserve banks _Amount due to national banks _Amount due to other banks, bankers, and trust com-

panies _Certified checks outstandingCashier's checks outstanding -Demand deposits __.Time deposits (including postal savings)United States depositsTotal deposits-...,. -United States Government securities borrowedBonds and securities (other than United States) bor-

rowed _ -- -Bills payable (including all obligations representing

borrowed money other than rediscounts)Note and bills rediscounted (including acceptances of

other banks and foreign bills of exchange or draftssold with indorsement)

Letters of credit and traveler's checks outstanding-Acceptances executed for customers and to furnish

dollar exchange less those purchased or discounted.._Acceptances executed by other banksLiabilities other than those stated above

Total..

Apr. 3(8,229

June 30(8,241

banks)

11,667,95911,662

202,8262, 694, 2072,346, 915

479, 58082,139

1,179, 500424,620359,147

1,033, 749

300,990526, 22457,39653,94236, 895154,962

21,612, 713

1,319,1442,067, 652486,172728,07626,517

1,015, 525

1,644,488148, 477176,155

9,180, 6244, 580, 216264, 279

17,036,281

34,080

4,161

370,165

290,4675,542

200,87326,14443,956

21,612,713

11,817,67110,430187,131

2,693, 8462,375, 857493,32487,133

1,142, 736396, 911291,108910,014

295, 660486,38368,28371,57837,108146, 643

21, 511, 766

1, 328, 8911,070, 616

476, 205720,00124,194

838, 227

1,546,77764,123

199,0649, 288,2984,755,162

192,13516, 897, 980

34,952

2,977

370,921

352,801

172, 20830,40945, 236

21, 511, 766

Sept. 14(8,239

banks)

11,934, 55612, 950

153, 4852,602,7622,398,304

504, 73186, 412

1,169,345463, 456361,485

292,974481, 58549,56059,406

144,162

21,712,876

1,332,3941,068,320

523,010731,47929,763

905,104

1, 510, 573130, 547167,157

9,331, 3684,864, 369

101, 64917,040, .550

2,750

352,995

400,7997,503

145,78(518,89751,430

21,712,876

Dec. 31(8,184

banks)

11,876,66210,470

207,4382,566,8512,477,843

512,91093,881

1,180,838460,173386,428

1,029,342

319,992925,97985,07973,65636,746

161,940

22,406,128

1,325,8251,068,359473,979725,94926,965920,239

1,648,607186,434347,629

9, 593,1194,948,019157,849

17,828,86138,287

324,166

5,475

204,43217,63056,231

22,406,128

1 Includes customers' liability under letters of credit.

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Page 338: Annual Report of the Comptroller of the Currency 1925

BJEPOET OF THE COMPTEOLLEE OP THE CUEBENCY 331

TABLE N O . 58.—Aggregate resources and liabilities of national banks from January,1914} to September, 1925—Continued

1924

[In thousands of dollars]

Mar. 31,1924 (8,115

banks)

June 30,1924 (8,085

banks)

Oct. 10,1924 (8,074

banks)

Dec. 31,1924 (8,049

banks)

RESOURCES

Loans and discounts (including rediscounts) *OverdraftsCustomers' liability account of acceptancesUnited States Government securities owned ,Other bonds, stocks, securities, etcBanking house, furniture, and fixtures.Other real estate ownedLawful reserve with Federal reserve banksItems with Federal reserve banks in process of collection.Cash in vault —Amount due from national banks _Amount due from other banks, bankers, and trust

companies __ _ -Exchanges for clearing house.Checks on other banks in the same placeOutside checks and other cash itemsRedemption fund and due from U. S. TreasurerOther assets

Total...

LIABILITIES

11,952,28710,815

202, 5722,494,3132,511,637525, 335100,098

1,160, 766379, 307342, 969938,804

283,386842,71967,08356,42037,167157, 210

11,978,72810, 075135,829

2,481,7782,660,550532,728104,630

1,198,670397,340345, 219

1,099,763

345,020925, 568

75,92569,68737,129

167,280

12,210,14812,242

145, 6662, 579,1902,897,040

541, 852107,459

1,303,631427,894360,101

1,412,807

439,356575,36053,871

36,726166,820

22,062,888 22, 565,919 23, 323, 061

Capital stock paid inSurplus fund .---Undivided profits, less expenses and taxes paidReserved for taxes, interest, etc., accrued. _National bank notes outstanding—.Due to Federal reserve banksAmount due to national banks.Amount due to other banks, bankers, and trust

companies _.Certified checks outstandingCashier's checks outstandingDemand deposits _Time deposits (including postal savings)United States depositsTotal deposits. ._United States Government securities borrowedBonds and securities (other than United States) bor-

rowedBills payable (including all obligations representing

borrowed money other than rediscounts)Notes and bills rediscounted (including acceptances of

other banks and foreign bills of exchange or draftssold with indorsement).. *

Letters of credit and travelers' checks outstandingAcceptances executed for customers and to furnish

dollar exchange less those purchased or discounted.__Acceptances executed by other banksLiabilities other than those stated above

1,335,5721,073, 363

507,905

1,334,0111,080, 578

501,656

1, 332, 5271, 074, 268

556, 792

726,48325, 328

886,435

1,653,347187,704261, 785

9,292,1275,108, 970

183,00017,698,696

35,684

2,532

238,888

271,6456,225

193, 24025,45547,200

729,68626, 445

1,035,000

1,759,556226,714323,621

9, 593, 2505,259, 933

123, 31818,347,837

32, 542

2,565

143,847

196, 7789,456

131,41117,38138,171

723, 53027, 342

1,

1,933,857147,404217,231

9,795, 5805,460,677

188, 39819,108, 798

28,729

3,581

123,611

170*1196,135

140, 57418,43535,662

Total- 22, 062,888 22, 565, 919 23,323,061

12,319,6809,802

244,7282,586,6973,075,999

551,371108,966

1,394,386486,933409,566

1,349,859

431,043996,61585,22570,63536,310223,466

24,381, 281

1,334,8361,088,880442,48460,784714,84433,188

1,239,923

2,029,671184,363415,260

10,363, 2505,581,287153,266

SO, 000, 208

28,930

3,405

202, 304

196,3966,124

235,23226,56440,290

24,381,281

i Includes customers' liability under letters of credit.

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Page 339: Annual Report of the Comptroller of the Currency 1925

332 REPORT OF THE COMPTROLLER OF T S S CURRENCY

TABLE N O . 58.—Aggregate resources and liabilities of national banks from January,1914, t° September, 1925—Continued

1925

[In thousands of dollars]

Apr. 6,1925(8,016

banks)

June 30,1925(8,072

banks)

Sept. 28,1925(8,085

banks)

RESOURCES

Loans and discounts (including rediscounts) i.Overdrafts —Customers' liability account of acceptancesUnited States Government securities ownedOther bonds, stocks, securities, etc

12,468,83611,410

240,9622, 614,1853s 139, 255

12,674,0679,352

176,5832, 536, 7673,193,677

Total investments- _Banking house, furniture, and fixtures -Other real estateowned . . .Lawful reserve with Federal reserve banks--Items with Federal reserve banks in process of collectionCash in vault - - - -Amount due from national banks -Amount due from other banks, bankers, and trust companies..Exchanges for clearing houseChecks on other banks in the same place. .-_ __.Outside checks and other cash items.Redemption fund and due from U. S. TreasurerOther assets ~ -_

18,474,648564,103112,481

1,273,274411, 539361, 671

1,192,049395, 655

67,70854,54133,120

18,690,446585,267111, 191

1,326,864466, 787359, 605

1,096, 768403,366988,29486, 72769, 51733,038

238,993

Total.. 23, 832, 463

LIABILITIESCapital stock paid in _ —- -Surplus fund - -Undivided profits, less expenses and taxes paidReserved for taxes, interest, etc., accrued - . . -National bank notes outstandingDue to Federal reserve banksAmount due to national banks.-Amount due to other banks, bankers, and trust companies--Certified checks outstandingCashier's cheeks outstanding.. _Demand deposits _ _.Time deposits (including postal savings).United States depositsTotal depositsUnited States Government securities borrowedBonds and securities (other than United States) borrowedAgreements to repurchase United States Government or other

securities sold -Bills payable (including all obligations representing borrowed money

other than rediscounts) _ _Notes and bills rediscounted (including acceptances of other banks i

and foreign bills of exchange or drafts sold with indorsement)Letters of credit a*d travelers' checks outstandingAcceptances executed for customers and to furnish dollar exchange

less those purchased or discountedAcceptances executed by other banksLiabilities other than those stated above.

1, 361,4441,106, 544

490,45766,224

649,447

1,147,6281,839,935

197, 508204,447

9,923, 2435, 785,211

255, 65219, S82,947

21, 7473,821

219,198

226,5976,537

232,78129,50241,237

24, 350,863

1,369,4351,118,928

481,71160,078

648,49430,740

1,028,1681,827,492

224,089336,167

10,430, 2545,924, 658

108,10119,909, 669

21, 684

3,530

3,413

245,107233,87412,127

164,56928,77349,471

Total.. 23,832,463 24,350,863

13,134,46114,900201,083

2, 512,0253,242,620

19,105,089593,176114,677

1,324,326456,6663§2,341

1,120,925

733,816

54,09432,876219,346

24,569, 527

1,375,0091,125,495543,56469,792649,22131,820

1,068,4201, 766, 708251,505214,594

10,427, 5445,994, 374175,097

19,930,06%24,479

3,976

4,057

316,627245,5379*065

191,87328542

24,569,527

1 Includes customers' liability under letters of credit.

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Page 340: Annual Report of the Comptroller of the Currency 1925

TABLE No. 59

ABSTRACT OF CONDITION OF NATIONAL BANKS

ON DECEMBER 31, 1924, APRIL 6, JUNE 30

AND SEPTEMBER 28, 1925

(Arranged Alphabetically by States, Territories and Reserve Cities)

(In Thousands of Dollars)

NOTE.—The Abstract of each State is exclusive of any reserve city therein

333

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Page 341: Annual Report of the Comptroller of the Currency 1925

Abstract of reports since October 10, 1924, arranged by States and reserve cities

ALABAMA

[In thousands of dollars]

Dec. 31,1924

Apr. 6,1925

June 30,1925

Sept. 28,1925

100 banks 100 banks 100 banks 101 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts _Customer's liability account of"acceptances"United States Government securitiesOther bonds, stocks, securities, etcBanking house, furniture, and fixtures _ _.Other real estate ownedLawful reserve with Federal reserve bank _Items with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

Exchanges for clearing houseChecks on other banks in the same place 1..Outside cheeks and other cash items.Redemption fund and due from U. S. Treasurer..Other assets

Total.

LIABILITIES

Capital stock paid inSurplus fund..All other undivided profits, less expenses and taxes paidReserved for taxes, interest, etc., accrued _National-bank notes outstandingDue to Federal reserve banksAmount due to national banks _Amount due to State banks, bankers, and trust corn-

Certified checks outstanding _Cashier's checks outstandingDemand deposits -_Time deposits (including postal savings deposits)United States deposits.._ _United States Government securities borrowedBonds and securities, other than United States, bor-

rowed -Agreements to repurchase United States Government

or other securities soldBills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscountedAcceptances executed for customers, etc _Acceptances executed by other banks for account of

this bank _ _Liabilities other than those above stated

69,28512270

14,05812,1753,7851,0045,897399

17, 765

3,235366493397438101

129, 590

11,3206,7092,321

1448,681

1211,961

3,37767

67559,01732,097

1,32640

10

3591,243

70

Total.

52

129,590

70,9047599

14, 46211,5583,8071,0195,630

36115,696

3,39630631123538354

5435

12,79012,0823,8441,0105,363802

11,115

2,648236220273385

128, 296 123,612

11,3206,7363,062194

7,581276

1,928

2,787242371

56,37233,1912,145

40

10

11,3206,7992,955

1747,587

1501,494

1,93259

26851, 55834,0541,133

33

499L,366

99

1,0152,992

35

77

128,296

54

123,612

75,02342148

13,45913,9913,8711,0106,158

46117,700

4,031234435306389111

137,648

11,3706,8073,245

2847,658

2552,526

4,34074

40462,18733,605

1,770114

300

1,1091,507

48

45

137,648

335

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 342: Annual Report of the Comptroller of the Currency 1925

836 REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10, 192'4, arranged by States and reserve cities—Continued

ALABAMA—Continued

BIRMINGHAM

[In thousands of dollars]

RESOURCES

Loans and discounts (including rediscounts) ._.Overdrafts _United States Government securitiesOtlier bonds, stoeks, securities, etcBanking house, furniture, and fixturesOther real estate ownedLawful- reserve witli Federal reserve bankItems with Federal reserve bank, in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust

companies _-Exchanges for clearing house _Outside checks and other cash items __Redemption fund and due from United States TreasurerOther assets . »._.

Total.

LIABILITIES

Capital s-toek paid in._ __Surplus fundAB other HmMvidedprofits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedN atkmal-bank notes outstanding.Amount due to national banksAmount due to State banks, bankers, and trust

companies ^Certified checks- outstanding_Cashier's checks outstandingDemand depositsTime deposits (including postal savings deposits)United States depositsBills payable (including all obligations representing

money borrowed other than rediscounts)Liabilities other: than those above stated „ _.

Total.

Dec. 31,1924

2 banks

29,1398

3,2214,292

487231

2,1902,6025,696

1,42757135782

124

50,437

1,7501,55a1,789130

1,6243,207

4,01663

14621,02814, 738

170

226

50,437

April 6,1925

2 banks

28,7148

3,2843,544

281492

2,2691,99-74,010

1,59436744483

47,175

1,7501,5501,909

2791,6462,383

3,1795146:

19,83413,833,

280

200235

47,175

June 30,1925

2 banks

27,0197

2,9663,241

53826A

1,9913,671

354367

82100

43y.4fi8

1,7501,5502,045160

1,613.1,489

2,03549

103IS, 42713,838

167

242

43»46&

Sept. 28,1925

2 banks

29,8779

3,1033,778

538263

2,3062,8244*485

1,85535220983

1,7501,5502,205

3651,6122,711

3,797216105

19,59213,540

1,930218

49,67ft

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 343: Annual Report of the Comptroller of the Currency 1925

KEFOBI OF THE COMPTROLLER OF THE CURRENCY 337

Abstract of reports since October 10, 19@4, arranged by States and reserve cities—-Continued

ALASKA

[In thousands of dollars]

RESOURCES

Loans and discounts (including rediscounts)OverdraftsUnited States Government securitiesOther; bonds, stocks, securities, etc. _Banking house*, furniture, and fixtures _...Other real estate ownedCash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

panies ._.Checks on other banks in the same placeOutside checks and other cash items __.. _.Redemption fund and due from United States Treasurer.Other assets

Total .

Capital stock paid inSurplus fund-,-All other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstandingAmount due to National banksAmount due^ to State banks, bankers, and trust com-

panies _-Certified checks outstanding-Cashier's checks outstandingDemand depositsTime deposits (including postal savings deposits)United States deposits

Total _

Dec. 31,1924

4 banks

1,1308

1,0211157610

1,018

364

223

15

3,458

2009077

611

181

131,744

865388

3,458

April 6,1925

4 banks

1,2302

1,0552996425764

225735

3,481

20012033

5122

1549

1,692967

3,481

June 30,1925

4 banks

1,2913

1,049304818

805

161620

3,603

20012036

1502

1629

1,7581,020

389

3,603

Sept. 28,1925

4 banks

1,2197

1,045403817

1,146

446532

3,968

20012056

601

172

252,040l,09S

351

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 344: Annual Report of the Comptroller of the Currency 1925

338 REPORT OF THE COMPTROLLER. OF THE CURRENCY

Abstract of reports since October 10, 19&4, arranged by States and reserve cities—ContinuedARIZONA

[In thousands of dollars]

Dec. 31,1924

19 banks

April 6,1925

18 banks

June 30,1925

18 banks

Sept. 28,1925

18 banks

RESOURCES

Loans and discounts (including rediscounts) _OverdraftsCustomer's liability account of *' acceptances,"United States Government securitiesOther bonds, stocks, securities, etcBanking house, furniture, and fixtures- _Other real estate owned .Lawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection..Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

panies __r _Exchanges for clearing house-_Checks on other banks in the same placeOutside checks and other cash items _._.__.Redemption fund and due from United States Treasurer.Other assets... _"

Total _

LIABIIJTIES

Capital stock paid in.. _Surplus fund '._ ___.All other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accrued.National-bank notes outstandingDue to Federal Reserve banksAmount due to National banksAmount due to State banks, bankers, and trust com-

paniesCertified checks outstandingCashier's checks outstanding _.Demand depositsTime deposits (including postal savings deposits)United States deposits _ ___United States Government securities borrowed.Bills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscounted__Letters of credit and travelers' checks sold for cash and

outstanding __Acceptances executed for customers, etc.Liabilities other than those above stated

Total--

15,1526070

2,9421,435

921887

1,41144

4,208

1,19125581

20049

322

29,228

1,60084617522

91747

231

83714

42515,5047,781

10032

320111

70193

14,88612385

2,7021,784

949958

1,27657

3,716

87526842

15633

169

28,079

1,50062141636

56718

150

44162

64215,1267,934

1307

188133

85123

29,228 28,079

15,0985412

2,6371,844

9471,1171,398

223,260

69720824

10534

264

27,811

1,50062220031

56787

182

48717

54214,6017,820

115

331

12165

14,78294

1622,7131,9561,0341,0741,209

202,956

813192839134

278

27,491

1,500622252108564115196

37431267

13,9967,6571106

867496

162

27,811 27,491

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 345: Annual Report of the Comptroller of the Currency 1925

REPOET OF THE COMPTBOLLEB OF THE CUEKENCY 339

Abstract of reports since October 10, 192J., arranged by States and reserve cities—ContinuedARKANSAS

[In thousands of dollars}

Dec. 31,1924

84 banks

Apr. 6,1925

84 banks

June 30,1925

83 banks

Sept. 28,1925

84 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts _ ._United States Government securitiesOther bonds, stocks, securities, etcBanking house, furniture, and fixtures. _Other real estate owned.._Lawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection..Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

panies _Exchanges for clearing houseChecks on other banks'in the same placeOutside checks and other cash itemsRedemption fund and due from United States Treasurer.Other assets

Total _

Capital stock paid inSurplus fund _ _All other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational bank notes outstandingAmount due to national banksAmount due to State banks, bankers, and trust com-

panies _ _ __Certified checks outstandingCashier's checks outstandingDemand deposits _Time deposits, (including postal savings deposits)United States depositsUnited States Government securities borrowedAgreements to repurchase United States Government

or other securities soldBills payable: (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscounted__^Letters of credit and travelers' checks sold for cash and

outstandingLiabilities other than those above stated

47,05470

4,9421,772779

4,28270

14,085

9,768145315171196267

93,804

7,2303,0821,669138

3,9043,663

7,29610

61145, 74719,379

18710

Tota l .

85733

456

93,804

47,46690

10, 7315,3131,837

8573,982

10611,012

7,686124295166180

90,133

7,2303,1172,004111

3,5512,223

5,13722616

43,05021,931

32471

213474

90,133

50,32067

10, 8264,5751,942880

3,925103

9,444

6,254104262178180263

89,323

7,2053,0821,824116

3,5571$15

13644

41,94222,568

17965

400

5241,441

248

89,323

56,569217

10,1364,4392,020890

4,381102

13,554

7,448193332273179314

101,047

7,2253,0852,122124

3,5643,110

8,29025591

44,92224,015

20762

400

8762,379

149

101,047

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 346: Annual Report of the Comptroller of the Currency 1925

840 REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10, 1924, arranged by States and. reserve cities-Continued

ARKANSAS—QasfcinuGd

LITTLE ROCK

[In thousands of dollars]

Dec. 31,1924

3 banks

Apr. 6,1925

3 banks

June 30,1925

3 banks

Sept. 28,1925

3 banks

RESOURCES

Loans and discounts (including rediscounts)OverdraftsUni ted States Government securitiesO t h e r bonds, stocks, securities, etcBanking house,, furniture, and fixturesOther real estate owned _.Lawful reserve wi th Federal reserve bankI tems wi th Federal reserve bank in process of collection.Cash in vaul t and amount due from national banks —A m o u n t due from State banks , bankers , and t rus t com-

paniesExchanges for clearing houseOutside checks and other eash i temsRedempt ion fund and due from Uni ted States treas-

urerOther assets _ __

5,81910

400354

4853G725588

94819047

104

Total . 10,246

LIABILITIES

Capital stock paid in —_ „.„ —Surplus fundAll other undivided profits, less expenses and taxes

paieL __ _.Reserved for taxes, interest, etc., accrued..National-bank notes outstandingAmount due to National banks. _._ .Amount due to State banks, bankers,, and trust com-

panies . .„Certiflad checks outstandingCashier's checks, outstanding.Demand deposits.-Time deposits (including postal savings deposits)United States deposits..Bills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscounted- .«

700270

1961,112

2,282

1823,, 1361,989

114

Total .

176

10,246

1262115156950

eio427692

41919256

105

10,4&2

700270

711

200874

2,2201

483*8082,163

126

10,482

a41911£57456609270491

2196555

105

9,581

700.270

9d1

200599-

1,5711

313,9072,046159

9,581

6,37963

34416057358517281486

35815678

1013

9,476

700270

200555

1,653ft48

2,7651, 775103

781549

9,476

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 347: Annual Report of the Comptroller of the Currency 1925

REPOBT OF THE COMPTBOLLEB OF THE CTJBEENCY 341

Abstract of reports since October 10, 1924, arranged by States and reserve cities—Continued

CALIFORNIA

[In thousands of dollars]

RESOURCES

Loans and discounts (including rediscounts)Overdrafts.. _Customer's liability account of "acceptances"United States Government securitiesOther bonds, stocks, securities, etcBanking house, furniture, and fixturesOther real estate ownedLawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection _Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

paniesExchanges for clearing houseChecks on other banks in the same placeOutside checks and other cash itemsRedemption fund and due from United States TreasurerOther assets „•

Total .

LIABILITIES

Capital stock paid in..Surplus fund. __All other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstandingDue to Federal reserve banksAmount due to national banks--. __.Amount due to State banks, bankers, and trust com-

panies— _Certified checks outstandingCashier's checks outstandingDemand depositsTime deposits (including Postal Savings deposits)United States depositsUnited States Government securities borrowedBonds and securities, other than United States, bor-

rowed _Bills payable (including all obligations representing

money borrowed other thaa rediscounts) ___Notes and bills rediscountedLetters of credit and travelers' checks sold for cash and

outstanding .___Acceptances executed for customers, etc __Acceptances executed by other banks for account of

tins bank_„__Liabilities other than those above stated _.

Total -

Dec. 31,1924

246 banks

175,842272

635,94454,75012, 5572,49915,576

96732,772

8,1062,034

8681,650

830

345,279

24, 53110, 7925,642

38016,356

2673,857

9,064175

6,251166,16597,429

85553

188

60

345,279

Apr. 6,1925

245 banks

175,38024828

33,47953,20712,6712,47114,5991,35827,240

5,5592,029

7301,001

713

331,405

24,33110,9536,072

51414,092

3343,146

8,428272

4,365155,94297,382

46845

268

2,4252,311

208

20

331,405

June 30,1925

Sept. 28,1925

249 banks 252 banks

182,84327355

32,10253,72212,4912,56814,9981,12427,420

7,1632,112751

1,864711

340,881

24,98510, 8825,775432

14,009117

3,760

8, 271268

4,681161,35899,861

283

46

173

2,398

45

10107

340,881

183,06532720

32,19757,68212,648

16,0081,32230,174

7,9101,792

70S891

349,131

25,18310; 8726,702470

13,925363

4,619

9,219210

4,195167,337100,743

39846

149

2,1992,221

24

236

349,131

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 348: Annual Report of the Comptroller of the Currency 1925

342 REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10, 1924, arranged by States and reserve cities—Continued

CALIFORNIA—Continued

LOS ANGELES

[In thousands of dollars]

Dec. 31,1924

11 banks

Apr. 6,1925

11 banks

June 30,1925

12 banks

Sept. 28,1925

12 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts. _.Customer's liability account of "acceptances"United States Government securities.Other bonds, stocks, securities, etc.._.Banking house, furniture, and fixturesOther real estate ownedLawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection.Cash in valt and amount due from national banksAmount due from State banks, bankers, and trust com-

panies. 'Exchanges for clearing house.Checks on other banks in the same place ._Outside checks and other cash items _ _Redemption fund and due from United States Treas-

urer__ _Other asets _

Total.LIABILITIES

Capital stock paid inSurplus fundAll other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstanding __--Amount due to national banks.Amount due to State banks, bankers, and trust com-

panies— _ _Certified checks outstandingCashier's checks outstandingDemand depositsTime deposits (including Postal Savings deposits)United States depositsUnited States Government securities borrowed...Bonds and securities other than United States, bor-

rowedBills payable (including all obligations representing

money borrowed other than rediscounts).Notes and bills rediscountedLetters of credit and travelers' checks sold for cash and

outstanding.. _ __Acceptances excuted for customers, etcAcceptances executed by other banks for account of this -

bankLiabilities other than those above stated ^

Total .

174,230201473

29,30515,2682,614

21318,3199,207

23,649

13,68811,593

6442,058

3061,629

302, 797

16,2006,9104,186532

5,99416,091

32,'993309

7,518137, 76766,4882,755785

406

108678

541,429

302,797

182,711278

1,83235,32415,1242,735368

16,7587,95724,470

12,1356, 567394

2,147

3061,519

184, 303170909

34, 71616,6332,729386

17, 7309,89622,128

11,3009,078478

1,577

3062,166

310, 625 314, 505

16,2006,8604,364843

5,96913, 710

33,837423

3,489137,61377,2405, 986650

405

1751,905

16, 9507,2104,574• 5586,01214, 547

31,586547

5,522141,63978,0692,455615

406

1,092825

199913

658

310,625

786

314,505

183,049205

2,00033,986

42216,9497,85919,142

13, 7127,232424

1,771

306

311,671

16,6507,1505,749723

6,00715,441

28,755467

3,644139,21977,7774,881735

305

605419

1452,002

2995

311,671

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 349: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY 343

Abstract of reports since October 10, 192J., arranged by States and reserve cities—Continued

CALIFORNIA—Continued

OAKLAND

[In thousands of dollars]

EESOURCES

Loans and discounts (including rediscounts)OverdraftsCustomer's liability account of" acceptances"United States Government securitiesOther bonds, stocks, securities, etc.__ _Banking house, furniture, and fixturesLawful reserve with Federal reserve bank __.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

panies _Exchanges for clearing house _ _.Checks on other banks in the same placeOutside checks and other cash itemsRedemption fund and due from United States Treasurer.Other assets

Total,

LIABILITIES

Capital stock paid in __.Surplus fund _All other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational bank notes outstanding. _Amount due to national banksAmount due to State banks, bankers, and trust com-

paniesCertified checks outstandingCashier's checks outstanding.,_Demand depositsTime deposits (including postal savings deposits)United States depositsNotes and bills rediscountedLetters of credit and travelers' checks sold for cash and

outstandingAcceptances executed for customers, etc —Liabilities other than those above stated

Total _

Dec. 31,1924

1 bank

12,6312

3,6171,385139

1,4323,495

990474

31295045

24,392

1,0001,200

18813

979112

3,17562

20714,4872,509

452

8

24,392

Apr. 6,1925

2 banks

15,92127

1054,0591,868

2481,9591,789

794373

2285050

27,273

1,5001,225

240

985230

2,84788

26716, 3593,190

200

1610521

27,273

June 30,1925

2 banks

17, 7078

144,7051,723285

2,0881,448

1,190452

29, 774

1,5001,227

32623

1,100212

3,014169216

17,6103,622

18690

151418

29,774

Sept. 28,1925

2 banks

17,8297

144,3992,171272

2,1111,812

4904033023559

29, 625

1,5001,227

4102

1,089484

2,983169307

17,1913,715

528

14

29, 625

67746°—26t- -23

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 350: Annual Report of the Comptroller of the Currency 1925

344 REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10, 1924, arranged by States and reserve cities—Continued

CALIFORNIA—Continued

SAN FRANCISCO

[In thousands of dollars]

Dec. 31,1924

5 banks

Apr. 6,1925

5 banks

June 30,1925

5 banks

Sept. 28,1925

5 banks

RESOURCES

Loans and discounts (including rediscounts)OverdraftsCustomers' liability account of "acceptances"United States Government securities _Other bonds, stocks, securities, etcBanking house, furniture, and fixturesOther real estate owned _ _ _.Lawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection.Cash in vault and amount due from national banks._..Amount due from State banks, bankers, and trust com-

Exchanges for clearing house _Checks on other banks in the same placeOutside checks and other cash itemsRedemption fund and due from United States Treasurer.Other assets

169,99792

5,65741,78420, 5348,259

85120,6884,738

19,934

15,3238,288

3092,916

4627,094

Total. 326,926

LIABILITIES

Capital stock paid inSurplus fund.. __ _All other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstandingDue to Federal reserve banks.Amount due to national banksAmount due to State banks, bankers, and trust com

19,30016,6606,156480

9,204

Certified checks outstanding... _Cashier's checks outstandingDemand deposits _Time deposits (including postal savings deposits)United States depositsBills payable (including all obligations representing

money borrowed other than rediscounts)__Notes and bills rediscounted _Letters of credit and travelers' checks sold for cash and

outstanding _Acceptances executed for customers, etcAcceptances executed by other banks for account of

this bank _Liabilities other than those above stated

31,576

41,951809

2,022138,01450,9951,759

926,175

1651,499

169,557301

8,64941,47119,3168,357

84617,6303,636

16,184

11,5327,611

4061,733

4625,450

177,856398

7,70540,17518,9258,414

79515,7504,737

18,056

12,2448,576

3302,423

4623,897

313,141 320, 743

19,50016,7005,863

2459,159

21,901

1,0462,514

135, 53750,1512,197

1,9611,383

1519,368

1371,646

19,50016,7006,548

3159,161

453" 19,948

38,728930

3,006141, 66051,426

1,185

65048

1639,085

711,166

193,958542

9,85041,92917,7488,506

83516,8014,724

20,735

14,0497,868

3771,986

4635,789

346,160

19,50016,7006,376

1869,140

23,124

36,4361,1041,939

140,32265,448

1,465

10,5501,586

10910,518

2551,402

Total. 313,141 320,743 346,160

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 351: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY 345

Abstract of reports since October 10, 1984, arranged by States and reserve cities—Continued

COLORADO

[In thousands of dollars]

Dec. 31,1924

129 banks

Apr. 6,1925

126 banks

June 30,1925

126 banks

Sept. 28,1925

125 banks

EESOURCES

Loans and discounts (including rediscounts)Overdrafts _United States Government securities.Other bonds, stocks, securities, etcBanking house, furniture, and fixtures _Other real estate owned __Lawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

panies '"iExchanges for clearinghouse.Checks on other banks in the same place .Outside checks and other cash itemsRedemption fund and due from United States Treasurer.Other assets

Total.

LIABILITIES

Capital stock paid in -__Surplus fundAll other undivided profits, less expenses and taxes paidReserved for taxes, interest, etc., accruedNational-bank notes outstandingDue to Federal reserve banks ___Amount due to national banksAmount due to State banks, bankers, and trust com-

panies _Certified checks outstanding.Cashier's checks outstandingDemand deposits-- _ -Time deposits (including postal savings deposits)United States depositsUnited States Government securities borrowedBills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscounted.Letters of credit and travelers' checks sold for cash

and outstandingLiabilities other than those above stated ....

Total -

53,79070

9,52813,0962,9191,4674,981

2218,006

91814131825523467

105,812

7,0654,046647194

4,5911

1,452

1,61334

1,09853,43829,881

69189

1,022

3

51,64080

10,07213,3802,8141,4484,885

1317,839

170395

21261

51,20173

11, 57113, 0112,8311,4674,842

4514,309

65811525622721165

104,183 100,882

6,8653,988715164

4,210

4,002682158

4,200

1,876

1,39745852

30,06381

134848

1,036

1,44950903

48,35331,551

5468

3131,194

311

53,349110

10,90613, 2332,8431,6834,804

27

78014426223519764

102,473

6,7653,94286798

3,911

900

1,58861790

51,04130,924

25118

2441,181

711

105,812 104,183 100,882 102,473

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 352: Annual Report of the Comptroller of the Currency 1925

346 REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstraci of reports since October 10, 1924, arranged by States and reserve cities—Continued

COLORADO—Continued

DENVER

[In thousands of dollars]

Dec. 31,1924

Apr. 6,1925

9 banks

June 30,1925

9 banks

Sept. 28,1925

8 banks

RESOURCES

Loans and discounts (including rediscounts)OverdraftsCustomer's liability account of "acceptances"United States Government securities.Other bonds, stocks, securities, etcBanking house, furniture, and fixturesOther real estate owned __-Lawful reserve with Federal reserve bank...Items with Federal reserve bank in process of collection.Cash in vault and amount due from national banks —Amount due from State banks, bankers, and trust com-

paniesExchanges for clearing house _Checks on other banks in the same place..Outside checks and other cash itemsRedemption fund and due from United States Treasurer.Other assets

Total.

LIABILITIES

Capital stock paid inSurplus fund ._ -_ .All other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accrued..National-bank notes outstandingAmount due to national banksAmount due to State banks, bankers, and trust com-

paniesCertified checks outstandingCashier's checks outstandingDemand deposits _.Time deposits (including postal savings deposits)United States deposits __.Bills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscountedLetters of credit and travelers' check sold for cash and

outstandingAcceptances executed for customers, etcLiabilities other than those above stated

Total .

74,73794

23,55023,091

1,380194

11, 770"' 5,166

13,888

4,8422,8901,091

86045

190

163, 788

5,4004,3822,010

776896

20,109

9,926186

1,99766,20051,087

666

100

13

40'

163,788

75,387120100

23,61423,7891,409

1919,9504,181

14,376

4,3492,794

70175546

580

72,33177

23,40823,1041,484

2019,3973,804

12,762

4,9043,899

89086146

353

162,342 157, 521

5,4004,3692,019

160930

15,144

10, 536237

1,56169, 68251,200

831

130

5,4004,3742,143

467930

11,870

7,760433

1,94770, 67750,401

589

285201

1210031

162,342

38

157,521

73,579121

22, 54523,5991,618

1839,0055,448

12,949

5,1102,512

82566241

367

158,564

5,2004,3612,351

58819

11,844

9,479193

2,62267,45552,7651,043

300

10

158,564

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 353: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY 347

Abstract »o/ reports since October 10, 192'4, arranged by States and reserve cities—Continued

COLORADO—Continued

PUEBLO

[In thousands of dollars]

Dec. 31,1924

2 banks

Apr. 6,1925

2 banks

June 30,1925

2 banks

Sept. 28,1925

2 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts _United States Government securitiesOther bonds, stocks, securities, etcBanking house, furniture, and fixturesLawful reserve with Federal reserve bankCash in vault and amount due from national banksAmount due from State banks, bankers, and trust

companiesExchanges for clearing houseOutside checks and other cash items _ _ _Redemption fund and due from United States Treasurer

Total

LIABILITIES

Capital stock paid inSurplus fund ,All other undivided profits, less expenses and taxes paidReserved for taxes, interest, etc., accruedNational-bank notes outstanding _Amount due to national banksAmount due to State banks, bankers, and trust com-

panies __ __.Certified checks outstanding _Cashier's checks outstandingDemand depositsTime deposits (including postal savings deposits)United States deposits.Liabilities other than those above stated _

Total

4,77911

2,2393,558

3081,016

621131

20

19, 560

6001,150

28118393

2,416

2,5214

1388,5953,557

3010

5, 75068

2,1113,751

305993

5,210

1413

34

19, 260

6001,150

56149399

2,460

2,5471062

8,0203,780

1710

5,57444

2,0583,765302

1,0694,733

459109720

18,140

6001,150

70110397

1,254

1,6127

1058,8743,927

26

5,64235

2,0843,660309896

4,481

44890920

17,674

6001,150154115390

2,043

1,8227

397,5673,756

22

19, 560 19, 260 18,140 17,674

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 354: Annual Report of the Comptroller of the Currency 1925

348 REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10, 1924, arranged by States and reserve, cities—Continued

CONNECTICUT

[In thousands of dollars]

Dec. 31,1924

62 banks

Apr. 6,1925

62 banks

June 30,1925

62 banks

Sept. 28,1925

62 banks

.RESOURCES

Loans and discounts (including rediscounts)Overdrafts ..-Customer's liability account of "acceptances".United States Government securitiesOther bonds, stocks, securities, etcBanking house, furniture, and fixtures ._Other real estate ownedLawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

paniesExchanges for clearing houseChecks On other banks in the same placeOutside checks and other cash itemsRedemption fund and due from United States Treasurer.Other assets - - _.

142,4158812

32,76636, 7759,1802,87810,8068,25519, 577

2,1022,919475

1,160608796

146,9507518

30, 56837, 9479,5012,79011,0814,90418, 014

1,6591,272526356510575

149,9036917

29,38338, 3359,5792,786

11,1737,429

16, 585

2,2202,562

715736497612

Total _ 270,812 266, 746 272,601

Capital stock paid inSurplus fund _ _All other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstanding.._Due to Federal reserve banksAmount due to National banksAmount due to State banks, bankers, and trust com-

panies . - -Certified checks outstandingCashier's checks outsandingDemand deposits.._Time deposits (including postal savings deposits)United States depositsAgreements to repurchase United States Government

or other securities soldBills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscounted _.Letters of credit and travelers' checks sold for cash and

outstandingAcceptances executed for customers, etcAcceptances executed by other banks for account of this

bankLiabilities other than those above stated

20,03716,4438,9381,153

11,9711,714

796

6,751369720

132,17565, 7911,364

19, 99316, 5179,559• 9229,9831,640

697

7,240724589

125, 678

1,473

20,00216, 6799,4031,0469,6991,744

701

6,323882858

131, 77869,407715

Total.

1,762270

161

11530

270,812

197

25

2,331513

25

18516

266,746

17478

272,601

155,6368713

30, 93539, 6189,6142,792

11, 7435,063

18,280

1,3431,148

422325500677

278,196

20,00216, 70910, 3851,1399,6931,908

900

5,261521

1,445131,89873,0471,353

499

2,543404

25

13451

278,196

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 355: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY 349

Abstract of reports since October 10, 192 j . , arranged by States and reserve cities—•ContinuedDELAWARE

[In thousands of dollars]

Dec. 31,1924

18 banks

Apr. 6,1925

18 banks

June 30,1925

18 banks

Sept. 28,1925

18 banks

RESOUECES

Loans and discounts (including rediscounts)Overdrafts _ _United States Government securitiesOther bonds, stocks, securities, etc _Banking house, furniture, and fixturesOther real estate owned _ _Lawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

panies ._ .._Exchanges for clearinghouse ._Checks on other banks in the same placeOutside checks and other cash itemsRedemption fund and due from United States TreasurerOther assets ,

Total.

LIABILITIES

Capital stock paidinSurplus fund _All other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accrued _National-bank notes outstandingDue to Federal reserve banksAmount due to National banksAmount due to State banks, bankers, and trust com-

panies _Certified checks outstanding _Cashier's checks outstandingDemand deposits _Time deposits (including postal savings deposits)United States depositsUnited States Government securities borrowedBills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscountedLiabilities other than those above stated

10,2039

2,3936,836

599116

1,217145

1,596

20212520365720

23, 574

Total.

1,7351,992

93425

1,131

3842711

10,1836,731

13911

55105

10

23, 574

10,5598

2,3917,081614120889130

561351621571

22, 977

1,7352,0021,037

121,137

58

318187

9,119

9711

22819812

22,977

11,0858

2,3847,069630158

1,109188

1,192

1101031531

24,145

1,7352,05298331

1,1241005

3654315

9,9337,102

8711

26728111

24,145

11,98810

2,3846,639662156

1,014181

1,088

846212195823

24,380

1,7352,0521,083

171,129

71

2743413

10,2367,305

9011

11020011

24,380

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 356: Annual Report of the Comptroller of the Currency 1925

350 REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10, 1924, arranged by States and reserve cities—Continued

DISTRICT OF COLUMBIA

WASHINGTON

[In thousands of dollars]

Dec. 31,1924

13 banks

Apr. 6,1925

13 banks

June 30,1925

13 banks

Sept. 28,1925

13 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts.-Customer's liability account of "acceptances"United States Government securities _Other bonds, stocks, securities, etcBanking house, furniture, and fixturesOther real estate ownedLawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

panies .-Exchanges for clearing houseChecks on other banks in the same placeOutside checks and other cash itemsRedemption fund and due from United States Treasurer.Other assets

Total .

Capital stock paid in.Surplus fund _All other undivied profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstanding.Due to Federal reserve banksAmount due to national banksAmount due to State banks, bankers, and trust com-

panies _.Certified checks outstandingCashier's checks outstandingDemand depositsTime deposits (including postal saving deposits)United States depositsUnited States Government securities borrowedBonds and securities, other than United States, borrowed.Agreements to repurchase United States Government

or other securities soldBills payable (including all obligations representing

money borrowed other than rediscounts) _.Notes and bills rediscounted.Letters of credit and travelers' checks sold for cash and

outstanding _._Acceptances executed by other banks for account of this

bank ___.Liabilities other than those above stated

72,00552165

21,38412, 5808,4061,0308,2543,1169,510

2,4893,2761,189401317311

144,485

9,3275,7132,494

3425,0971,6583,825

5,584195303

. 71, 50333,3703,143

107100

Total .

2301,002

240

16587

144,485

74,02751

22321,85113,6038,4261,1528,4432,9219,760

2,3242,925645428236420

77,67141313

18,68213, 5558,5311,2867,9792,6088,342

1,5644,1231,014394260316

147, 435 146, 679

9,3275,8132,618348

4,4911,2233,997

264452

72,04833, 7013,823207

1,330398

240

22350

147,435

9,4275,9132,488258

4,4261,6263,228

5,844648912

69, 52134,8183,28727537

1,962563

273

31357

146,679

79,19350343

19,17013,5708,5421,4108,2691,8869,415

1,6082,416601265229237

147,204

9,4275,9132,818348

4,4491,1023,583

5, 683341291

70,25434,466

24527

505

3,517268

262

34356

147,204

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 357: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY 351

Abstract of reports since October 10, 1924, arranged by States and reserve cities—ContinuedFLORIDA

[In thousands of dollars]

Dec. 31,1924

52 banks

Apr. 6,1925

53 banks

June 30,1925

54banks

Sept. 28,1925

54 banks

EESOURCES

Loans and discounts (including rediscounts)OverdraftsCustomer's liability account of "acceptances"United States Government securities _.Other bonds, stocks, securities, etc _ _.Banking house, furniture, and fixturesOther real estate ownedLawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust

companiesExchanges for clearing houseChecks on other banks in the same placeOutside checks and other cash items _.Redemption fund and due from United States

TreasurerOther assets _

TotaL.

LIABILITIES

Capital stock paid inSurplus fundAll other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstandingDue to Federal reserve banksAmount due to national banksAmount due to State banks, bankers, and trust

companies iCertified checks outstandingCashier's checks outstandingDemand depositsTime deposits (including postal-savings deposits)United States depositsUnited States Government securities borrowedBonds and securities, other than United States, bor-

rowedBills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscounted .._Letters of credit and travelers' checks sold for cash and

outstandingAcceptances executed for customers, etcAcceptances executed by other banks for account of this

bank. . . _Liabilities other than those above stated

Total _

61,6122520

11,24519,2403,466

519

8720,888

750474264

20394

128,942

7,5403,6591,343

1763,982

1043,106

7,876215

1,34062,49234,483

189145

782

2811,092

116

4116

78,1693924

13,41623,9543,533

4928,633

135

87,806285

14,10527,2833,600

4339,329

9137,358

6,0951,152

673183

193

1,415

19396

175, 270 189, 055

7,6803,7451,914

1773,787

866,702

14,890929

1,892

42,658557146

782

35121

7,8544,3691,804

1743,779

616,053

16,1381,0302,299

97,42246,467

324215

797

10176

20

4155

111, 5856732

19,56631,8243,745

40111, 312

15848,653

5,4111,367

758701

20165

235,846

8,0904,6293,014

2183,919

2048,547

19, 9101,4932,479

126, 78252,6451,128

290

1,397

43144

132

881

128,942 175,270 189,055 235,846

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 358: Annual Report of the Comptroller of the Currency 1925

352 REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10, 1924, arranged by States and reserve cities—Continued

FLORIDA—Continued

JACKSONVILLE

[In thousands of dollars]

Dec. 31,1924

3 banks

Apr. 6,

3 banks

June 30,1925

3 banks

Sept. 28,1925

3 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts _ ._Customer's liability account of "acceptances"United States Government securitiesOther bonds, stocks, securities, etc -_._Banking house, furniture, and fixturesOther real estate owned... _ ._Lawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

paniesExchanges for clearing house -Outside checks and other cash items -Redemption fund and due from United States TreasurerOther assets

Total.

LIABILITIES

Capital stock paid inSurplus fundAll other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstandingAmount due to national banksAmount due to State banks, bankers, and trust com-

panies _Certified checks outstanding _Cashier's checks outstanding .___.Demand deposits _Time deposits (including postal-savings deposits)United States deposits _United States Government securities borrowedNotes and bills rediscountedLetters of credit and travelers' checks sold for cash and

outstandingAcceptances executed for customers, etcAcceptances executed by other banks for account of this

bank _Liabilities other than those above stated

Total.

35,0822

100

9,7331,454

843,3802,4845,988

6,6411,049

18395

74,402

2,6501,0001,039

1261,8774,257

12,63746

62223,72325,865

27810015

10067

74,402

47,7525

7,97711,5081,457

855,0063,2909,184

9,1649662507396

53,5242

1337,98213, 2131,458

696,5392,21910,195

10,7207421987394

96,813 107,161

2,6501,350831190

1,4349,108

22,58547420

30,19126,3201,492100

2,6501,3501,056234

1,46010,177

24,281129670

33,35030,800

6991005

4133

96,813

63

107,161

63,3597

1499,13716,7001,452

557,0603,4639,599

11,74485448273201

124,335

2,6501,8501,084225

1,43110,378

31,760319491

39,28233,0521,476100

149

82

124,335

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 359: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY 353

Abstract of reports since October 10, 192&, arranged by States and reserve cities-Continued

GEORGIA

[In thousands of dollars]

Dec. 31,1924

90 banks

Apr. 6,1925

88 banks

June 30,1925

86 banks

Sept. 28,1925

85 banks

RESOURCES

Loans and discounts (including rediscounts) rOverdrafts _.Customer's liability account of "acceptances"United States Government securitiesOther bonds, stocks, securities, etc.-.-Banking house, furniture, and fixtures.Other real estate ownedLawful reserve with Federal reserve bankItems with Federal reserve bank in process of collectionCash in vault and amount due from national banksAmount due from State banks, bankers, and trust

companies _ _Exchanges for clearing houseChecks on other banks in the same place _Outside checks and other cash itemsRedemption fund and due from United States TreasurerOther assets _

Total _. - - -

LIABILITIES

Capital stock paid inSurplus fundAll other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accrued..National-bank notes outstandingDue to Federal reserve banksAmount due to national banksAmount due to State banks, bankers, and trust

companiesCertified checks outstandingCashier's checks outstandingDemand depositsTime deposits (including postal savings deposits)United States depositsUnited States Government securities borrowedBills payable (including all obligations representing

money borrowed other than rediscounts) _ -Notes and bills rediscountedAcceptances executed for customers, etcAcceptances executed by other banks for account of this

bank _ --Liabilities other than those above stated

Total

62, 778200375

9,7603,0742,9552,0754,029

3148,330

3,765484303313357682

99, 794

10, 2406,8911,805

397,004

421,468

4,35541286

36, 67326,391

423160

1,6261,948245

13027

63, 267247292

8,8973,0813,1752,1793,625337

7,989

3,046334249261305704

62, 050146118

8,3822, 8353,1512,0103,173345

7,143

3,115297167154295659

97,988 94,040

10,1906,8732,149

786,035

381,354

4,19838258

34, 08427,554

789159

1,5872,256162

13056

9,7156,4642,022114

5,83526

1,319

3,43978434

32, 22926, 293

280159

1,5123,974118

29

62,50161895

8,3953,1283,2722,0394,177228

9,825

4,672313239270291651

100, 714

9,5606,3072,163

955,760

321,923

5,79168307

38,38426,830

488159

1,5401,181

95

31

99,794 97,988 94,040 100,714

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 360: Annual Report of the Comptroller of the Currency 1925

354 REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10, 1924, arranged by States and reserve cities1—Continued

GEORGIA—Continued

ATLANTA

[In thousands of dollars]

Dec. 31,1924

3 banks

Apr. 6,1925

3 banks

June 30,1925

3 banks

Sept. 28,1925

3 banks

RESOURCES •

Loans and discounts (including rediscounts)Overdrafts...Customer's liability account of "Acceptances"United States Government securitiesOther bonds, stocks, securities, etc __Banking house, furniture, and fixtures__Other real estate owned ._Lawful reserve with Federal Reserve bankItems with Federal Reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust

companies _ _Exchanges for clearing houseChecks on other banks in the same placeOutside checks and other cash items _Redemption fund and due from United States Treasurer.Other assets

Total.

LIABILITIES

Capital stock paid in __Surplus fundAll other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational bank notes outstandingAmount due to national banksAmount due to State banks, bankers, and trust com-

paniesCertified checks outstandingCashier's checks outstandingDemand depositsTime deposits (including postal savings deposits)United States deposits TUnited States Government securities borrowedBonds and securities, other than United States, bor-

rowed. _Letters of credit and travelers' checks sold for cash and

outstanding.. _.Acceptances executed for customers, etcLiabilities other than those above stated._ __.

60,74713

3525,1641,5073,251

2935,6456,251

10,271

8,9292,076

4683913529

105,548 |

5,9504,5501,639

2372,6628,951

56246,64222,175

1,327379

80

352

Total!. 105,548

65,2294

607,6162,3423,238

3065,2646,0337,584

10,9711,826

7651712517

61,6449

25710, 7973,0113,224365

5,9365,7706,730

6,6141,427

6157812549

111, 208

5,9504,5501,928373

2,46110,666

10,88980148

47,91222, 6393,071379

80

6022

111, 208

106,597

5,9504,5501,726261

2,4428,377

9,250165268

47,44123,5891,828379

725727

106,597

81,30313,3862,4803,209369

6,1726,7396,984

6,6132,169

1,353125

123,320

5,9504,5502,059397

2,44712,945

16,019138510

49,66622,2654,607379

51,303

123,320

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 361: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY 355

Abstract of reports since October 10, 192 j . , arranged by States and reserve cities-—Continued

HAWAII

[In thousands of dollars]

RESOURCES

Loans and discounts (including rediscounts)OverdraftsUnited States Government securities__Other bonds, stocks, securities, etcBanking house, furniture, and fixturesCash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

paniesChecks on other banks in the same placeOutside checks and other cash itemsRedemption fund and due from United States Treasurer.Other assets

Total

LIABILITIES

Capital stock paid inSurplus fundAll other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstandingAmount due to State banks, bankers, and trust com-

panies.Certified checks outstandingCashier's checks outstanding

Time deposits (including postal savings deposits) . . .United States deposits _. . . .Bonds and securities, other than United States, bor-

rowedLetters of credit and travelers' checks sold for cash and

outstanding ._Liabilities other than those above stated

Total

Dec. 31,1924

2 banks

$2,4951

2,1741,119

1202,139

503243

22313

8,832

600570118

9450

88325

3553,331

6501,837

4

8,832

Apr. 6,1925

2 banks

$2,4181

2,3521,226

1831,541

931956

2314

8,790

600590110

8437

5571991

2,945907

2,523

3

8,790

June 30,1925

2 banks

$2, 6581

1,9521,517

2641,465

304215

52226

8,429

600590133

9450

1,1755

1193,224

6621,455

52

8,429

Sept. 28,1925

2 banks

$2,5683

1,7751,622

3641,113

52950

2312

8,059

600600139

5442

6941687

2,750496

2,171

50

9

8,059

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 362: Annual Report of the Comptroller of the Currency 1925

356 REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10, 192j., arranged by States and reserve cities—Continued

IDAHO[In thousands of dollars]

Dec. 31,1924

67 banks

Apr. 6,1925

57 banks

June 30,1925

57 banks

Sept. 28,1925

56 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts . .United States Government securitiesO ther bonds, stocks, securities, etc _Banking house,furniture, and fixturesOther real estate ownedLawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

panies -. -.Exchanges for clearing house . . .Checks on other banks in the same place .Outside checks and other cash itemsRedemption fund and due from United States TreasurerOther assets

Total.LIABILITIES

Capital stock paid inSurplus fund _ ___All other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accrued._National bank notes outstandingDue to Federal reserve banks _Amount due to national banks _Amount due to State banks, bankers, and trust com-

paniesCertified checks outstandingCashier's checks outstanding _Demand depositsTime deposits (including postal savings deposits)United States deposits _United States Government securities borrowed.Bonds and securities, other than United States, bor-

rowed _ .-Agreements to repurchase United States Government

or other securities soldBills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscountedLiabilities other than those above stated

$31, 77862

7,2534,8742,1701,2602,891236

1,239130149164135

62, 262

4,5451,827

31876

2,679202

1,365

1,21328

63431, 70515,519

1229

3611

Total . 62,262

$29,17880

3,4121,9021,0982,271218

5,644

865131116175120115

52,014

3,9151,66132559

2,330137714

1,15935446

15,1471299

84339541

52,014

$30,412

6,7583,9271,8331,0482,510257

5,531

9621349214812027

53,836

3,8401,64233282

2,35876854

1,03330464

25,95215,033

130

55

55

1,0838621

1647,0533,6341,8421,0212,727298

8,718

1,04315412822111751

56,451

3,7601,64357380

2,309211

1,069

1,82643446

28,20714,954

1689

7793672

56,451

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 363: Annual Report of the Comptroller of the Currency 1925

REPOBT OF THE COMPTROLLER OF THE CURRENCY 357

Abstract of reports since October 10, 192J., arranged by States and reserve cities—ContinuedILLINOIS

In thousands of dollars]

Dec. 31,1924

464 banks

Apr. 6,1925

465 banks

June 30,1925

465 banks

Sept. 28,1925

467 banks

RESOURCES

Loans and discounts (including rediscounts)OverdraftsCustomer's liability account of'' acceptances "United States Government securities..Other bonds, stocks, securities, etcBanking house, furniture, and fixturesOther real estate ownedLawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust

companies _ _Exchanges for clearing houseChecks on other banks in the same place..Outside checks and other cash itemsRedemption fund and due from United States Treasurer.Other assets.__ . _ _.

Total.

LIABILITIES

Capital stock paid inSurplus fundAll other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accrued __National-bank notes outstandingDue to Federal reserve banksAmount due to national banks...Amount due to State banks, bankers, and trust corn-

Certified checks outstandingCashier's checks outstandingDemand depositsTime deposits (including postal-savings deposits)United States deposits...United States Government securities borrowedBonds and securities, other than United States, bor-

rowed.. _ __Agreements to repurchase United States Government

or other securities soldBills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscountedLetters of credit and travelers' checks sold for cash and

outstanding... ._Acceptances executed for customers, etcLiabilities other than those above stated

277,02456577

70,92384, 67916, 6263,65222, 7953, 58845, 293

8,7791,4631,4271,1441,355509

539,899

36, 64024,16912,7001,070

27,02711

4,658

22, 377396

1,165213, 586186, 250

2,220568

56

Total.

3,5803,048

2477

277

539,899

284, 566644

2972,47787, 88217,3094,22823,1773,45046, 672

8,8181,3961,512996

1,314487

297, 566575

71, 66784, 97517, 3194,534

24, 9053,33943, 318

8,1721,4341,3351,0901,313508

554,957 562, 050

36,87824, 31413, 4381,10325,976

64,276

20, 674847

1,255227,347190,1572,246

49

36,97324, 35512,922

72725,892

3,0232,458

3029253

554,957

4,535

21,960613

1,389230,180194,9661,003460

182

2,4673,060

274

562,050

1270,166

18,4134,68323,1583,51442,905

7,9241,2031,1621,0381,314537

563, 591

37,37324,51315,269

92425,994

4,690

22,318646

1,287225,191198,9711,116

60

182

1,9092,360

2912285

563,591

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 364: Annual Report of the Comptroller of the Currency 1925

358 REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10, 192%> arranged by States and reserve cities1—Continued

ILLINOIS—C ontinued

CHICAGO (CENTRAL RESERVE CITY BANKS)

[In thousands of dollars]

Dec. 31,1924

13 banks

Apr. 6,1925

14 banks

June 30,1925

14 banks

Sept. 28,1925

15 banks

RESOURCES

Loans and discounts (including rediscounts).-OverdraftsCustomer's liability account of'' acceptances "United States Government securities.Other bonds, stocks, securities, etc _Banking house, furniture, and fixtures__Other real estate ownedLawful reserve with Federal reserve bankItems with Federal reserve bank in process of collectionCash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

panies _.Exchanges for clearing house _Checks on other banks in the same place _Outside checks and other cash itemsRedemption fund and due from United States TreasurerOther assets _

Total _LIABILITIES

Capital stock paid inSurplus fundAll other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstanding _. __Amount due to national nanks . _ __Amount due to State banks, bankers, and trust corn-

Certified checks outstandingCashier's checks outstandingDemand depositsTime deposits (including postal savings deposits)United States depositsUnited States Government securities borrowedBills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscountedLetters of credit and travelers' checks sold for cash and

outstandingAcceptances executed for customers, etcAcceptances executed by other banks for account of this

bank...Liabilities other than those above stated

Total.

579,609232

10,15773, 67351, 51212, 269

7495,30024,51170,809

24, 45944, 660

1,9723,299

14211,051

1, 003, 729

47,75033, 76013, 9546,1212,843

134, 827

155,8885,9046,271

520, 82247,147

5,929

225

1,82911, 789

1,6383,743

595, 549109

9,20069, 32048, 31912, 495

10190,34019,14863, 099

36, 78132, 773

1,7152,277

4712, 782

610, 617141

5,35157, 34252,00716, 227

13088,40621, 87268,118

47, 34635,0761,8932,637

4711, 746

994, 055 1,018,956

50, 75034, 01016, 0865,708

942118, 553

158,1366,5237,004

479, 428

15, 692

4,30023, 847

1,52210, 320

1,1241,230

50,75034,00515, 6605,368

944132, 063

149, 2555,1626,047

522, 24264, 2233,4671,375

6,8787,462

3,5225,434

6364,463

629, 962122

6,42956,95249, 33216, 566

15986,90319,13063,308

21, 26038,167

1,5502,182

4722, 218

1,014, 287

50, 95034, 05517, 8766,110

935108,415

160, 0157,3467,966

523, 54766,5662,8051,375

7,4405,947

2,6906,963

1,6651,621

1,003, 729 994,055 1,018,956 1,014,287

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 365: Annual Report of the Comptroller of the Currency 1925

KEPOBT OF THE COMPTROLLER OF THE CURRENCY 359

Abstract of reports since October 10, 19®'4, arranged by States and reserve cities—Continued

ILLINOIS—Continued

CHICAGO

OTHER RESERVE CITY BANKS

[In thousands of dollars]

Dec. 31,1924

18 banks

Apr. 6,1925

18 banks

June 30,1925

18 banks

Sept. 28,1925

18 banks

RESOURCES

Loans and discounts (including rediscounts)OverdraftsCustomer's liability account of "acceptances"..United States Government securitiesOther bonds, stocks, securities, etcBanking house, furniture, and fixturesOther real estate ownedLawful reserve with Federal reserve bank.. _Items with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

panies _Exchanges for clearing house __.Checks on other banks in the same placeOutside check and other cash items.. _.Redemption fund and due from United States Treasurer.Other assets _

Total .

LIABILITIES

Capital stock paid in _ _Surplus fund.All other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstandingAmount due to national banksAmount due to State banks, bankers, and trust com-

panies _Certified checks outstandingCashier's checks outstandingDemand depositsTime deposits (including postal savings deposits)United States deposits ._Bills payable (including all obligations representing

money borrowed other than rediscounts)Acceptances executed for customers, etcAcceptances executed by other banks for account of this

bank _Liabilities other than those above stated —

27,405128

13,31322,8172,044598

3,996377

7,777

578413156131110325

80,060

4,0251,530969175

2,189151

679199685

24,92343,778

206

400

143

Total . 80,060

29,96912

11,87223,7432,200665

5026,518

1,0488604312391356

81,965

4,2251,6151,078410

1,79294

798261

1,13425, 57343,964

565

270

186

81,965

31,392114

11,63424,5112,221722

4,382491

7,161

672513

90415

84, 383

4,2251,6551,127155

1,802115

955176824

27,67345,101

182

190

194

84,383

33,575204

11,10524,6072,318584

4,046473

5,365

839730629790397

84, 312

4,2251,6851,367

3761,801

172

970170873

26,78344,946

208

5151

3217

84,312

67746°—26t 24

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 366: Annual Report of the Comptroller of the Currency 1925

360 REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10', 192 j.^ arranged by States and reserve cities—•Continued

ILLINOIS—Continued

PEORIA

[In thousands of dollars]

Dec. 31,1924

4 banks

Apr. 6,1925

June 30,1925

4 banks 4 banks

Sept. 28,1925

4 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts _ _Customer's liability account of "acceptances"United States Government securitiesOther bonds, stocks, securities, etcBanking house, furniture, and fixtures _ _Other real estate owned _Lawful reserve with Federal reserve bank _..Items with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

panies. rExchanges for clearing houseChecks on other banks in the same placeOutside checks and other cash items __Redemption fund and due from United States Treasurer.Other assets

17,81141

5,4994,776

935351

1,693526

2,474

509521

130921

Total _ 35,224

LIABILITIES

Capital stock paid inSurplus fundAll other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstandingAmount due to national banks _.Amount due to State banks, bankers, and trust corn-

Certified checks outstandingCashier's checks outstandingDemand deposits. __Time deposits (including postal savings deposits)United States deposits.Agreements to repurchase United States Government

or other securities soldBills payable (including all obligations representing

money borrowed other than rediscounts) _Letters of credit and travelers* checks sold for cash and

outstanding _Acceptances executed by other banks for account of

this bank. _Liabilities other than those above stated

2,1003,250

736246

1,814827

4,22446

20411,4749,864

374

60

Total.

14

35,224

18,0476

5,7985,5081,045341

1,807418

2,255

4464591239360

36,308

2,1003,25088893

1,8261,039

3,91436218

12,05810,259

557

169

36,308

18,029101

5,6205,4151,294340

1,831426

2,128

4431

48

36, 059

2,1003,25092171

1,8451,049

3,608500145

12,4289,860214

60

17

36,059

16,75762

5,7655,1381,557340

1,735373

2,042

3463971

4592

34,596

2,1003,250890263

1,830764

82132

11,7709,905210

34.596

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 367: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY 361

Abstract of reports since October 10, 1924, arranged by States and reserve cities—*ContinuedINDIANA

[In thousands of dollars]

Dec. 31,1924

243 banks

Apr. 6,1925

242 banks

June 30,1925

242 banks

Sept. 28,1925

242 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts _United States Government securities ._.Other bonds, stocks, securities, etc _Banking house, furniture, and fixturesOther real estate owned _Lawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection..Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

panies - -Exchanges for clearing house _Checks on other banks in the same placeOutside checks and other cash items--Redemption fund and due from United States Treasurer.Other assets r_

Total

LIABILITIES

Capital stock paid inSurplus fund . . . _ ._.All other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accrued -_ I..National-bank notes outstandingDue to Federal reserve banksAmount due to national banks __.Amount due to State banks, bankers, and trust com-

panies -. - _Certified checks outstanding _Cashier's checks outstanding _ __.Demand deposits.Time deposits (including postal savings deposits)United States depositsUnited States Government securities borrowedBonds and securities, other than United States, bor-

rowedBills payable (including all obligations representingmoney borrowed other than rediscounts)Notes and bills rediscountedLetters of credit and travelers' checks sold for cash and

outstanding _Liabilities other than those above stated ...

Total. _

170,297226

39,39043,00611,2352,027

13,4092,365

29,438

4,0532,0141,112

5611,058

448

320, 639

25, 22313,6684,885

39420,985

3432,731

14, 686211

1,122129, 482100,300

1,4691,316

2,2701,265

7277

171,200237

39,01043, 51311, 5492,324

12, 4192,374

24,380

3,7371,387

906415

1,016341

177,995208

38,29744,15111, 7972,744

13,4412,779

28,552

3,1821,6881,356592

1, 014411

178,931290

38,53546,35511,9722,89513, 4123,16124,776

3,3041,069896503

1,008411

314,808

25, 29813,6805,124474

20,140464

2,635

13,084349

1,235121, 315101,9451,7271,227

295

3,2962,191

3326

320, 639 314,808

328, 207

25, 29813, 6905,278334

20,137514

327, 518

25,29813, 7596,176479

20,092453

14,542326

1,250130,950105, 581

7871,224

1,8662,835

16

381884

128,290106,9951,3921,251

2,3412,600

328, 207 327, 518

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 368: Annual Report of the Comptroller of the Currency 1925

362 REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10, 1924, arranged by States and reserve cities—-Continued

INDIANA—Continued

INDIANAPOLIS

[In thousands of dollarsl

BESOUBCES

Loans and discounts (including rediscounts)OverdraftsCustomei's liability account of "acceptances"-_United States Government securitiesOther bonds, stocks, securities, etc _Banking house, furniture, and fixturesOther real estate owned--Lawful reserve with Federal reserve bank. _.Items with Federal reserve bank in process of collection..Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

Exchanges for clearing houseChecks on other banks in the same placeOutside checks and other cash items _.Redemption fund and due from United States Treasurer.Other assets -.

Total-

LIABILITIES

Capital stock paid inSurplus fund - _..All other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accrued .National-bank notes outstandingDue to Federal reserve banks :Amount due to national banksAmount due to State banks, bankers, and trust com-

panies _-_Certified checks outstandingCashier's checks outstanding .._Demand deposits.Time deposits (including postal savings deposits)United States depositsUnited States Government securities borrowed .-._.Bills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscountedLetters of credit and travelers' checks sold for cash and

outstandingAcceptances executed for customers, etcLiabilities other than those above stated

Total.

Dec. 31,1924

4 banks

45,47723

61013,0746,7803,462

1214,1595,110

13,012

4,8361,567947599317214

100,308

6,6502,7252,179145

6,315129

5,324

16,273313

1,13449,2205,0753,0911,024

1661085

100,308

Apr. 6,1925

4 banks

46,36616

76910,4166,7193,490

1413,8823,3507,661

3,2501,030664157259221

88,391

6,6502,7252,262

1145,178

1234,384

13,336172557

42,0504,1151,768

859

3,212

2077987

88,391

June 30,1925

4 banks

47,82211214

9,7336,8903,492145

4,0784,0418,014

3,2771,275621539252209

90, 615

6,6502,7252,298

1234,937

2294,868

14,865315599

45,6345,201

981711

4034099

90,615

Sept. 28,1925

4 banks

47,28026

1,0639,5446,7933,493141

3,9873,7527,336

446464251302

6,6502,7252,414185

4,983153

5,190

11,920142528

41,0575,6411,295691

1013,585

201,083103

88,466

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 369: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY 363

Abstract of reports since October 10, 192j, arranged by States and reserve cities—Continued

IOWA

fin thousands of dollars]

Dec. 31,1924

332 banks

Apr. 6,1925

329 banks

June 30,1925

328 banks

Sept. 28,1925

327 banks

EESOURCES

Loans and discounts (including rediscounts)Overdrafts. ,. .-.United States Government securitiesOther bonds, stocks, securities, etcBanking house, furniture, and fixtures ,Other real estate owned _Lawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection..Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

paniesExchanges for clearing houseChecks on other banks in the same placeOutside checks and other cash itemsRedemption fund and due from United States Treasurer.Other assets _

Total.

LIABILITIES

Capital stock paid in _. ._-Surplus fund __ _.All other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstanding _.Due to Federal reserve banksAmount due to national banksAmount due to State banks, bankers, and trust com-

panies-._Certified checks outstanding- _.Cashier's checks outstandingDemand deposits .Time deposits (including postal savings deposits)United States deposits _United States Government securities borrowed..Bills payable (including all obligations representing

money borrowed other than rediscounts) _.Notes and bills rediscountedLetters of credit and travelers' checks sold for cash and

outstandingLiabilities other than those above stated

180, 707405

27,53114,9718,4918,644

11, 4261,300

30, 050

2,723580877592785218

289, 300

Total.

20,18010,7712,819

37515, 598

• 43,293

14,895179

1, 65897,867

110,987276279

1,3038,660

2154

289,300

179, 370539

29, 45117,7378,5148,569

11, 7161,268

28,549

2,599560757713742351

173, 902347

29,34118,4778,7288,728

10,9781,303

27,174

2,416381623502748523

291, 435 284,171

19, 99310, 4783,563

35214, 673

242,915

13,899252

1,298105, 460110,138

691184

7996,209

1506

291,435

20,07010, 2133,080

27214, 758

3,173

13,422449

1,13596, 223

112, 581422176

8266,845

1525

284,171

173,619542

29,60420, 619

9,12111,1531,124

24,996

2,220378630481728506

284, 527

20,07010,0683,460

32714, 548

882,684

12,087517

1,47698, 537

112,697460179

9795, 818

1531

284, 527

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 370: Annual Report of the Comptroller of the Currency 1925

364 REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10, 192J., arranged by States and reserve cities—-Continued

IOWA—Continued

CEDAR RAPIDS

[In thousands of dollars]

Dec. 31,1924

2 banks

Apr. 6,1925

2 banks

June 30,1925

2 banks

Sept. 28,1925

2 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts _ .__-_Customer's liability account of "acceptances".United States Government securities .._Other bonds, stocks, securities, etcBanking house, furniture, and fixtures _Other real estate ownedLawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust

companiesExchanges for clearing houseChecks on other banks in the same placeOutside checks and other cash itemsRedemption fund and due from United States Treasurer.

Total..

LIABILITIES

Capital stock paid in _._Surplus fundAll other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accrued...National-bank notes outstandingAmount due to national banksAmount due to State banks, bankers, and trust corn-

Certified checks outstandingCashier's checks outstanding-Demand depositsTime deposits (including postal savings deposits)United States deposits .Bills payable (including all obligations representing

money borrowed other than rediscounts)Acceptances executed for customers, etc

Total.

12,0212

4,919275200

2,1121,3411,885

1,062328

50

27,425

1,00070099

202986

3,148

9,1014

835,7976,180

119

6

27,425

14,635

3,4684,266

275216

1,5731,3442,037

1,143304

29,369

1,000700197238972

3,123

10,020972

6,3616,254417

6

29,369

12,896214

2,5704,543275234

1,3621,2481,924

949358243850

26,487

1,000700192191967

2,272

9,01716119

5,7086,236

55

14

26,487

13,660512

2,1534,968275345

1,4081,3442,021

903241171650

27,418

1,000700234235972

2,405

9,107647

5,8186,375

50012

27,418

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 371: Annual Report of the Comptroller of the Currency 1925

REPORT OP THE COMPTROLLER OP THE CURRENCY 365

Abstract of reports since October 10, 1924, arranged by States and reserve cities—Continued

IOWA—Continued

DES M0INE8

[In thousands of dollars]

Dec. 31,1924

3 banks

Apr. 6,1925

3 banks

June 30,1925

3 banks

sepjys,

3 banks

RESOURCES

Loans and discounts (including rediscounts)--Overdrafts _United States Government securitiesOther bonds, stocks, securities, etcB anking house, furniture, and fixtures _Other real estate ownedLawful reserve with Federal reserve bank _Items with Federal reserve bank in process of collectionCash in vault and amount due from national banksAmount due from State banks, bankers, and trust

companiesExchanges for clearing houseChecks on other banks in the same placeOutside checks and other cash itemsRedemption fund and due from United States Treasurer.

Total _

LIABILITIES

Capital stock paid inSurplus fundAll other undivided profits, less expenses and taxes

paidReserved for taxes, interest, etc., accruedNational bank notes outstandingAmount due to national banksAmount due to State banks, bankers, and trust com-

panies _..-.Certified checks outstandingCashier's checks outstanding -Demand deposits _Time deposits (including postal savings deposits)United States depositsUnited States Government securities borrowed.Bills payable (including all obligations representing

money borrowed other than rediscounts)Liabilities other than those above stated

Total..

22,34128

3,5272,670

825101

2,9591,7108,570

1,70768281

11438

45,353

2,7001,200

230135755

4,251

11,865159539

17,398

589439

26,07532

6,1823,809

84299

2,4311,7733,430

946654229128

46,414

2,7001,200

303170556

4,012

10,80897367

19,3726,467927435

23,26538

5,5714,490575490

2,8311,3792,914

6555464264

42,888

45,353 46,414

2,7001,200

227142553

3,650

10,16497360

17,2266,014568487

375125

42,888

23,94760

4,5634,413575584

2,2871,4652,434

6974241275

41,564

2,7001,200

318160553

3,214

9,422123400

16,6594,8521,026487

450

41,564

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 372: Annual Report of the Comptroller of the Currency 1925

366 REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10, 192j., arranged by States and reserve cities—Continued

IOWA—Continued

DUBUQUE

[In thousands of dollars]

Dec. 31,1924

2 banks

April 6,1925

2 banks

June 30,1925

2 banks

ept.192L925

2 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts _ __ _United States Government securitiesOther bonds, stocks, securities, etc.. __Banking house, furniture, and fixtures___Other real estate owned. _Lawful reserve with Federal reserve bank __.Items with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust

companies _.Exchanges for clearing houseOutside checks and other cash itemsRedemption fund and due from United States Treasurer.Other assets _.

Total.

LIABILITIES

Capital stock paid in __.Surplus fund.All other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstandingAmount due to national banksAmount due to State banks, bankers, and trust

companies... _ ...Certified checks outstanding _ _______Cashier's checks outstandingDemand deposits __.Time deposits (including postal savings deposits)United States deposits.Liabilities other than those above stated.

Total,

4,526

2,6152,185

194

59190

1,110

65952420

118

11, 637

700300816

400177

1,332

1003,4425,094

11,637

4,5132

2,6192,307

195

57097

795

5658212069

11,322

700300142

400155

1,0551

873,3135,165

11,322

42,3182,205

19613

58580

790

4459102046

11,298

700300108

108

9498

613,4445,220

31

11,298

4,6542

1,9122,513

19713

52858

941

5142162079

11,026

700300156

396117

1,0271445

3,1355,133

3

11,026

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 373: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY 367

Abstract of reports since October 10, 1924, arranged by States and reserve cities—Continued

IOWA—Continued

SIOUX CITY

[In thousands of dollars]

Dec. 31,1924

5 banks

Apr. 6,1925

5 banks

June 30,1925

5 banks

Sept. 28,1925

5 banks

BESOUECES

Loans and discounts (including rediscounts)Overdrafts _ _United States Government securities.Other bonds, stocks, securities, etcBanking house, furniture, and fixturesOther real estate ownedLawful reserve with Federal reserve bank___Items with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

panies— __Exchanges for clearing houseChecks on other banks in the same placeOutside checks and other cash itemsRedemption fund and due from United States Treasurer.Other assets „

Total _

LIABILITIES

Capital stock paid inSurplus fund. _.All other undivided profits, less expenses and taxes

paidRserved for taxes, interest, etc., accruedNational-bank notes outstandingAmount due to national banks.Amount due to State banks, bankers, and trust com-

paniesCertified checks outstandingCashier's checks outstanding _Demand depositsTime deposits (including postal savings deposits) _.United States deposits.Bills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscountedLiabilities other than those above stated

18,57028

3,3072,088

710641

1,909496

3,131

1,17755010

4725115

33,155

2,050700

394

1,0112,972

7,2608

55310, 6667,805

63

Total _

24

33,155

19,61122

2,122710666

2,180610

3,257

1,0141,039

84115423

35,625

2,050700

11,0633,596

8,234- 55

56211,2237,796

61

180

' 12"

35,625

18,92822

2,230718667

1,998478

2,884

1,16156813

3775415

33,919

2,050705

11810

1,0703,157

8,08150

4169,9788,200

61

23

33,919

18,30117

3,3522,444

823694

1,850535

2,684

930389

52845432

32,394

2,050705

13915

1,0642,576

7,26331

2339,9068,201

61

11931

32,394

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 374: Annual Report of the Comptroller of the Currency 1925

368 REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10, 19 2 j., arranged by States and reserve cities—Continued

KANSAS

[In thousands of dollars]

Dec. 31,1924

247 banks

Apr. 6,1925

246 banks

June 30,1925

247 banks

Sept. 28,1925

248 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts _._United States Government securitiesOther bonds, stocks, securities, etc _Banking house, furniture, and fixturesOther real estate owned _Lawful reserve with Federal reserve bank_Items with Federal reserve bank in process of collectionCash in vault and amount due from national banksAmount due from State banks, bankers, and trust

companies.Exchanges for clearing house ._Checks on other banks in the same placeOutside checks and other cash itemsRedemption fund and due from United States Treasurer.Other assets....

93,909277

16,83411,0765,5462,5318,393251

33,405

7,398261502307453214

Total.. 181,357

Capital stock paid inSurplus fundAll other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational bank notes outstandingDue to Federal reserve banks _.Amount due to national banksAmount due to State banks, bankers, and trust

companies. .Certified checks outstanding __.Cashier's checks outstandingDemand deposits ___•Time deposits (including postal savings deposits)United States depoists .United States Government securities borrowedBonds and securities, other than United States bor-

rowed. _Agreements to repurchase United States Government

or other securities sold _Bills payable (including all obligations representing

money borrowed other than rediscounts)—.Notes and bills rediscounted fcLet ters of credit and travelers ' checks sold for cash and

outstanding . - _ . . . . . . _ . . . _ . _ . . . . . . . _ .Liabilities other than those above stated

13,5337,1272,103142

9,001

4,284

10,54756

1,10995, 50536,493

392158

Total .

189565

4146

181,357

95,570282

19, 54711,2525,5692,7338,194

18325,555

5,943341457219433195

97,925263

18,98712, 2435,6292,9428,517190

25,871

5,394309397257430136

176,473 179,490

13,5587,0322,230170

8,574

3,419

851,04290,73038,2951,167110

143444

1185

176,473

13,5887,0302,132199

8,56851

2,979

8,00173992

94,66039,202

541

82

25

16162

1,109

179

179,490

98,481356

21,22212,9395,6993,017

24524,297

5,521272387256431181

182,173

13,588

2,609185

8,549

2,538

8,64969759

96,57339, 707

99680

2

100

32657

483

182,173

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 375: Annual Report of the Comptroller of the Currency 1925

BEPORT OF THE COMPTROLLER OF THE CUBBENCY 369

Abstract of reports since October 10, 1924, arranged by States and reserve cities—Continued

KANSAS—Continued

KANSAS CITY

[In thousands of dollars]

RESOURCES

Loans and discounts (including rediscounts)OverdraftsUnited States Government securities._. _ _.Other bonds, stocks, securities, etcBanking house, furniture, and fixturesOther real estate ownedLawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection..Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

paniesExchanges for clearing houseChecks on other banks in the same place.Outside checks and other cash itemsRedemption fund and due from United States Treas-

urerOther assets,_

Total

LIABILITIES

Capital stock paid inSurplus fundAll other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstanding...Amount due to national banksAmount due to State banks, bankers, and trust com-

panies _Certified checks outstandingCashier's checks outstandingDemand deposits._ _Time deposits (including postal savings deposits)United States deposits.._Bills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscounted

Total

Dec. 31,1924

2 banks

6,68512

1,670709239

18760716

3,333

475377

445

40

15, 083

800370

42

7881,756

3,6794767

5,6971,340

497

15, 083

Apr. 6,1925

2 banks

7,0835

1,90280626022

646576

1,440

128189

152

40

13,150

800320

109

7882,057

2,3522

895,1881, 364

171

13,150

June 30,1925

2 banks

6,4169

1,92075532622

715618

1,136

445286

443

40

12, 735

8003203318

796955

2,3724

665,6501,382

121

18830

12, 735

Sept. 28,1925

2 banks

6,1708

1,91478245022

689789575

239169

1522

4040

11,924

8003203124

793827

2,8353

1224,5551,414

99

8318

11,924

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 376: Annual Report of the Comptroller of the Currency 1925

370 REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10, 1924, arranged by States and reserve cities—Continued

KANSAS—Continued

TOPEKA

[In thousands of dollars]

Dec. 31,1924

4 banks

Apr. 6,1925

4 banks

June 30,1925

5 banks

Sept. 28,1925

5 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts. _United States Government securities . .Other bonds, stocks, securities, etcBanking house, furniture, and fixtures..Other real estate owned _ _.Lawful reserve with Federal reserve bank .Items with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

paniesExchanges for clearing houseChecks on other banks in the same placeOutside checks and other cash itemsRedemption fund and due from United States TreasurerOther assets..

Total

LIABILITIES

Capital stock paid inSurplus fundAll other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstandin gAmount due to national banksAmount due to State banks, bankers, and trust com-

panies _Certified checks outstandingCashier's checks outstanding...Demand depositsTime deposits (including postal savings deposits)United States depositsLiabilities other than those above stated

Total .".

4,7392

2,5751,708

32718

1,0029

3,587

564272557

3013

14,908

900245761

5911,898

1,6137

1308,568

40545816

5,0273

3,3311, 654

32819

1,0238

2,453

432205434

3015

14, 575

900225817

5941,915

1,4012293

7,920476925

16

8,6146

3,0873,099

5719

1,4608

2,977

1,387245877

3033

21, 620

1,400425153

1597

1,592

2,34432

10012, 9211,505

53218

8,240

3,2153,528

57118

1,4435

2,802

876245613

3027

21,068

1,400425218

1,873

2,23847

18712,1561,542

36716

14,908 14, 575 21,620 21,068

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 377: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE C O M P T R O L J J E R OF THE CURRENCY 371

Abstract of reports since October 10, 192J., arranged by States and reserve cities—Continued

KANSAS—Continued

WICHITA

[In thousands of dollars]

Dec. 31,1924

4 banks

Apr. 6,1925

4 banks

June 30,1925

4 banks

Sept. 28,1925

4 banks

RESOURCES

Loans and discounts (including rediscounts)OverdraftsUnited States Government securities _ _.Other bonds, stocks, securities, etcBanking house, furniture, and fixturesOther real estate ownedLawful reserve with Federal reserve bank... _.Items with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

panies. --.Exchanges for clearing houseChecks on other banks in the same placeOutside checks and other cash itemsOther assets

Total-

LIABILITIES

Capital stock paid inSurplus fund _ _.All other undivided profits, less expenses and taxes paidReserved for taxes, interest, etc., accruedAmount due to national banksAmount due to State banks, bankers, and trust corn-

Certified checks outstanding _ _Cashier's checks outstandingDemand deposits _ ,Time deposits (including postal savings deposits)United States depositsUnited States Government securities borrowedLetters of credit and travelers' checks sold for cash and

outstanding _Liabilities other than those above stated

17,9106

8597,2402,455

2,1941,0737,932

3,27439065

219

43,633

2,4001,265

73188

9,527

8,61024

27715,3895,309

154378

Total.

39

43,633

17, 79312

8236,5472,455

52,382

8515,828

2,12538339

151

39,400

2,4001,265

53290

16218

14, 5485,246330320

45

39,400

15,95110

8757,1382,455

2,2861,2855,753

2,15774359212

38,935

2,4001,265

90284

5,937

6,71543430

16,1765,462

90

43

38,935

15,097

9957,7232,214

71,894845

3,531

1,512329156272

34,339

2,4001,266159264

4,759

4,52726189

14,9495,53817715

34,339

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 378: Annual Report of the Comptroller of the Currency 1925

372 REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10, 192'4, arranged by States and reserve cities—-Continued

KENTUCKY

[In thousands of dollars]

Dec. 31,1924

134 banks

Apr. 6,1925

135 banks

June 30,1925

135 banks

Sept. 28,1925

135 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts _Customer's liability account of "acceptances" _.United States Government securitiesOther bonds, stocks, securities, etcBanking house, furniture, and fixturesOther real estate ownedLawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

panies _Exchanges for clearing house _C hecks on other banks in the same placeOutside checks and other cash itemsRedemption fund and due from United States TreasurerOther assets

Total _

LIABILITIES

Capital stock paid in _Surplus fund _All other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstanding—_Due to Federal reserve banksAmount due to national banksAmount due to State banks, bankers, and trust com-

paniesCertified checks outstandingCashier's checks outstanding _____Demand deposits _Time deposits (including postal savings deposits)United States deposits..United States Government securities borrowedBonds and securities, other than United States, bor-

rowed _ _ _Bills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscounted _ ___Letters of credit and travelers' checks sold for»cash and

outstanding ___ _Acceptances executed for customers, etcLiabilities other than those above stated

106,651205291

19,37611,4135,420585

6,784272

14,503

1,526262559275615

168, 829

13, 9969,2682,568

66812,224

1,096

2,181101304

72,94647, 799

514583

Total.

2,2101,942

10291128

168,829

106,193242178

20,11512,0005,522

5787,092

29614,933

1,006163400185615103

106,710194146

18,93812,7985,598545

6,860311

14,047

957183434274616107

169, 621 168, 718

14,0719,3313,478476

12,1892

1,429

2,209143258

71,10550,309

793267

1,4091,855

11178107

169,621

14,0969,4272,820634

12,246

1,301

2,006305351

69,54751,685

1,7711,651

10146126

168,718

107,910374260

18,73613,3545,715575

6,455215

10,745

925131301213

• 61795

166, 621

14,0969,4163,527587

12,227

1,117

1,674191319

66,34851,798

378

2,7481,582

260105

166, 621

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 379: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY - 373

Abstract of reports since October 10, 1924, arranged by States and reserve cities—Continued

KENTUCKY—Continued

LOUISVILLE

[In thousands of dollars]

Dec. 31,1924

4 banks

Apr. 6,1925

4 banks

June 30,1925

4 banks

Sept. 28,1925

4 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts _ _Customer's liability account of "acceptances"United States Government securitiesOther bonds, stocks, securities, etcBanking house, furniture, and fixtures__Other real estate owned _.__Lawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

paniesExchanges for clearing house ._Checks on other banks in the same place 1Outside checks and other cash itemsRedemption fund and due from United States Treasurer-Other assets

61,45030306

13,39641373

5,9256,0525,860

3,5302,263

709208254

Total _ 107,161

LIABILITIES

Capital stock paid in...Surplus fundAll other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accrued _National-bank notes outstandingAmount due to National banks .Amount due to State banks, bankers, and trust com-

panies _Certified checks outstandingCashier's checks outstanding _

Time deposits (including postal savings deposits).United States deposits.- - _United States Government securities borrowedAgreement to repurchase United States Government or

other securities sold _ .._..Bills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscountedAcceptances executed for customers, etcAcceptances executed by other banks for account of

this bankLiabilities other than those above "stated.-

4,5004,4502,744580

4,1459,072

f4,09775

1,18742,04022,091

197283

575550306

Total _

269

107,161

67,5255114

7,06611,434

42473

5,7224,9447,461

1,1547

690181208

63,19269151

7,41213,157

41973

4,6725,7065,829

4,0391,674

10679180247

109,653

4,5004,4502,811669

3,6108,229

15,850808132

43,00122,752

807300

107, 509

4,5004,4502,762677

8,695

14,470619

2,87838,44224,305

257461

750

88555614

279

109,653

150

2426

107,509

66,630150406

7,72513,422

41873

5,3475,736

2,46482243791180317

108,183

4,5004,4503,189704

3,6065,295

12,154126172

43,34422,658

642202

650

1,4264,145406

514

108,183

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 380: Annual Report of the Comptroller of the Currency 1925

374 -REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10, 192h arranged by States and reserve cities—ContinuedLOUISIANA

[In thousands of dollars]

Dec. 31,1924

32 banks

Apr. 6,1925

32 banks

June 30,1925 1925

32 banks 32 banks

RESOURCES

Loans and discounts (including rediscounts)OverdraftsCustomer's liability account of" acceptances"United States Government securities _..Other bonds, stocks, securities, etcBanking house, furniture, and fixturesOther real estate ownedLawful reserve with Federal reserve bank _Items with Federal reserve bank in process of collection-Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust

companies. _Exchanges for clearing house _ ^Checks on other banks in the same placeOutside checks and other cash items,_Redemption fund and due from United States Treasurer-Other assets __

Total.

LIABILITIES

Capital stock paid in _Surplus fund _All other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstandingDue to Federal reserve banks __.Amounts due to national banks.._ _Amount due to State banks, bankers, and trust corn-

Certified cheeks outstanding _Cashier's checks outstanding _ _Demand deposits ._Time deposits (including postal savings deposits)United States deposits __._United States Government securities borrowedBonds and securities, other than United States, bor-

rowedBills payable (including all obligations representing

money borrowed other than rediscounts)._.Notes and bills rediscountedLetters of credit and travelers* checks sold for cash and

outstandingAcceptances executed for customers, etcLiabilities other than those above stated

46,49690

4,1934,1503,422776

3,381606

10, 742

4,237633201188136178

79,429

6,0752,714491202

2,666176

2,304

45547

40,05116,015

214

250465

Total.

618

79,429

49,77150

4,6773,3003,546745

3,348578

8,224

193110130114

78,157

6,0752,721777154

2,571222

2,895

4,50650543

37,77916, 539

77113

21

2271,397

300

78,157

49, 511

4,1543,3913,270719

3,410584

6,603

2,887427175240132710

76,251

6,2252,844732175

2,577383

2,262

3,96424344

35, 77817,699

50613

71

2061,851

595

76,251

55,18880102

4,6083,5223,790849

3,779489

8,431

3,838383128216139137

85,679

6,3752,855974199

2,736338

3,392

7,93633464

39,45917,859

61413

21

1621,566

102581

85,679

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 381: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY 375

Abstract of reports since October 10, 192&, arranged by States and reserve cities—Continued

LOUISIANA—Continued

NEW ORLEANS

[In thousands of dollars]

RESOURCES

Loans and discounts (including rediscounts)OverdraftsCustomer's liability account of "acceptances"United States Government securitiesOther bonds, stocks, securities, etcB anking house, furniture, and fixturesLawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection-Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

Exchangesfor clearinghouseChecks on other banks in the same placeOutside checks and other cash itemsRedemption fund and due from United States TreasurerOther assets _

Total .

LIABILITIES

Capital stock paid inSurplus fundAll other undivided profits, less expenses and taxes paid-Reserved for taxes, interest, etc., accruedNational-bank notes outstanding. . .Amount due to national banks _Amount due to State banks, bankers, and trust com-

panies ._.Certified checks outstanding __Cashier's checks outstandingDemand depositsTime deposits (including postal-savings deposits)United States depositsBills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscountedAcceptances executed for customers, etcAcceptances executed b y other banks for account of this

bankLiabilities other than those above stated

Total .

Dec. 31,1924

l b a n k

29,06669

1,0993,1021,7623,7632,7181,0611,782

1,3942,365

474217660

48, 812

2,8002,000

602218

1,5042,417

5,38510377

27,2552,076

404

1,600

2,091

280

48,812

Apr. 6,1925

l b a n k

26,236110813

4,4991,0673,7852,960

6301,878

1,3391,846

215247687

45, 565

2,8002,000

683201

l;5052,535

4,332227171

22,3642,3731,517

1,4621,5561,825

14

45, 565

June 30,1925

1 bank

24,48931

6844,815

9833,9192,474

8371,706

1,380231

127646

42, 649

2,8002,000

610215

1,4991,716

5, 74115646

22,6742,996

527

450

1,218

42,649

Sept. 28,1925

lbank

7164,4921,0693,9202,1211,0011,696

1,1761,6362891476257

45,307

2,8002,000680122

1,5013,001

5,30924178

20,5102,8671,030

3723,0261,770

45, 307

67746°—26t 25

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 382: Annual Report of the Comptroller of the Currency 1925

376 REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10, 1924, arranged by States and reserve cities—Continued

MAINE

[In thousands of dollars]

Dec. 31,1924

58 banks

Apr. 6,1925

58 banks

June 30,1925

58 banks

Sept. 28,1925

58 banks

RESOURCES

Loans and discounts (including rediscounts)__Overdrafts.- _.United States Government securitiesOther bonds, stocks, securities, etc __.Banking house, furniture, and fixturesOther real estate owned _Lawful reserve with Federal reserve bankItems with Federal Reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

paniesExchanges for clearing houseChecks on other banks in the same placeOutside checks and other cash items..Redemption fund and due from United States Treas-

urer ._Other assets

Total.

LIABILITIES

Capital stock paid in _Surplus fundAll other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstanding._.Due to Federal reserve banks.Amount due to national banks. _.Amount due to States banks, bankers, and trust com-

paniesCertified checks outstandingCashier's checks outstandingDemand depositsTime deposits (including postal-savings deposits)United States depositsBills payable (including all obligations representing

v money borrowed other than rediscounts)rfotes and bills rediscounted _Liabilities other than those above stated

61,03939

14,07441,5662,229365

4,8131,2648,637

268964139

295131

136,191

Total .

7,3705,6213,887324

5,828164400

2,51055337

33, 71973,473

350

1,2918575

136,191

63,04737

14,61442,3162,308346

4,727731

7,458

332398120310

285142

64,47341

13,86942,4762,319359

5,078874

6,471

273623101371

28563

137,171 137,676

7,3705,7114,322482

5,578105

77301

34,44173,661

557

1,2238434

137,171

7,3705,7164,250369

5,570160351

1,884107346

32,72076,196

255

1,3231,054

5

137,676

67,74243

13,92843,6692,326361

5,244710

7,488

1,028306154310

285

143,682

7,3705,7164,871385

5,5911365 1

1,80745387

37,80277,668

331

4246453

143,682

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 383: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY 377

Abstract of reports since October 10, 192 j . , arranged by States and reserve cities—Continued

MARYLAND

[In thousands of dollars]

RESOURCES

Loans and discounts (including rediscounts)OverdraftsCustomer's liability account of "acceptances"United States Government securities _.Other bonds, stocks, securities, etc _Banking house, furniture, and fixtures _Other real estate ownedLawful reserve with Federal reserve bank__Items with Federal reserve bank in process of collection-Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust

companiesExchanges for clearing houseChecks on other banks in the same placeOutside checks and other cash itemsRedemption fund and due from United States Treasurer.Other assets

Total _

LIABILITIES

Capital stock paid inSurplus fund _All other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accrued--National-bank notes outstandingDue to Federal reserve banksAmount due to national banksAmount due to State banks, bankers, and trust com-

panies _Certified checks outstanding _Cashier's checks outstandingDemand deposits. _Time deposits (including postal savings deposits)United States depositsUnited States Government securities borrowedBills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscounted-__ ...Acceptances executed by other banks for account of this

bankLiabilities other than those above stated _ _

Total _

Dec. 31,1924

74 banks

52,295336

9,10229,5982,303

4203,860

215,219

71159177126201

104,199

5,1046,0481,741

773,983

114163

528122101

25, 61859,411

102

925

104,199

Apr. 6,1925

74 banks

53, 531316

9,10530,0972,341

425

215,260

66345

13181

32044

105,906

5,1796,078

1994,010

33122

481104113

24,90960,472

134

1,535210

26

105,906

June 30,1925

74 banks

54,459383

8,78630,0962,373475

4,078

7736914913122371

107,429

5,1796,2511,944183

3,91143135

44980191

26, 54360,932

43~13

1,318181

330

107,429

Sept. 28,1925

74 banks

56,14545

8,70630,9552,430

4823,975

166,340

82037

18987

19663

109,493

5,239'6,2922,451

2673,900

21171

64494

119

62,1654311

1,31937

725

109,493

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 384: Annual Report of the Comptroller of the Currency 1925

378 REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10, 1924, arranged by States and reserve cities—Continued

MARYLAND—Continued

BALTIMORE

[In thousands of dollars]

Dec. 31,1924

10 banks

Apr. 6,1925

10 banks

June 30,1925

10 banks

Sept. 28,1925

10 banks

RESOURCES

Loans and discounts (including rediscounts) __.Overdrafts _Customer's liability account of "acceptances"United States Government securitiesOther bonds, stocks, securities, etcBanking house, furniture, and fixturesOther real estate ownedLawful reserve with Federal reserve bankItems with Federal reserve bank in process of collec-

tionCash in vault and amount due from national banks....Amount due from State banks, bankers, and trust com-

panies _ _Exchanges for clearing houseChecks on other banks in the same place. _ _Outside checks and other cash itemsRedemption fund and due from United States Treas-

urer _Other assets

Total

LIABILITIES

Capital stock paid inSurplus fund ._All other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstandingAmount due to national banksAmount due to State banks, bankers, and trust com-

panies _Certified checks outstandingCashier's checks outstandingDemand deposits.Time deposits (including postal savings deposits)United States deposits _United States Government securities borrowed -_!_..Bills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscounted __.Letters of credit and travelers' checks sold for cash and

outstanding _ _.Acceptances executed for customers, etcAcceptances executed by other banks for account of this

bank _ ,Liabilities other than those above stated

Total

89,1916

1,15521,97718, 2383,337

9,526

13,44012, 092

2,60811,222

728753

276310

187, 721

11,85010,6804,337

-2795,4498,971

25,8071,1651,414

85, 56220,201

3,500195

6,090432

11,155

149484

92,3839

50024,90417,0113,5852,8759,139

10,9648,146

1,8435,472436218

276255

97,7298

21026, 33017,8716,018404

7,641

13,0389,819

2,7928,467822810

474

178, 016 192, 719

11,85010,6804,572350

5,37811,134

17,9641,022568

76, 33023,02810,889

503

1,810594

3500

12,10010,8304,706482

5,59411,315

21,641

55981,32431, 597~"38Sr3,

10

5,5251,300

37210

841 637

102,21715562

20,04217,1185,748•546

10,715

11,9627,682

2,5234,790521263

291420

185,415

18,10010,8305,425394

5,6609,723

19,827922513

79,97528,2373,569

10

5,3251,423

3562

917

187,721 178,016 192,719 185,415

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 385: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTBOLLEB OF THE CTJBRENCY 379

Abstract of reports since October 10, 192^f arranged by States and reserve cities—Continued

MASSACHUSETTS

[In thousands of dollars]

EESOUECES

Loans and discounts (including rediscounts).Overdrafts. ___.Customer's liability account of "acceptances"United States Government securitiesOther bonds, stocks, securities, etcBanking house, furniture, and fixturesOther real estate ownedLawful reserve with Federal reserve bank '_Items with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

panies -_ __Exchanges for clearing house. _.Checks on other banks in the same placeOutside checks and other cash items. _Redemption fund and due from United States Treasurer.Other assets _..

Total.

LIABILITIES

Capital stock paid inSurplus fundAll other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstandingDue to Federal reserve banksAmount due to national banksAmount due to State banks, bankers, and trust com-

panies _Certified checks outstanding.Cashier's checks outstandingDemand depositsTime deposits (including postal savings deposits)United States depositsUnited States Government securities borrowed _.Bills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscountedLetters of credit and travelers' checks sold for cash and

outstanding _._ _Acceptances executed for customers, etcAcceptances executed by other banks for account of this

bank _ _.Liabilities other than those above stated

Total.

Dec. 31,1924

145 banks

267,0699028

59,920104, 29312, 0391,341

21, 2987,462

30, 051

1,2551,657651787922500

509,363

28,11722, 71514,9311,12218,1472,191479

13,436756

1,069218, 093173, 6712,909

21

9,1382, 224

22316

509,363

Apr. 6,1925

144 banks

277,54355119

56, 859101,47412, 5321,05920,3706,13926, 673

1,788567862856513

7,1803,397

92

87249

508,348

June 30,1925

144 banks

290,75671

18654, 887

104, 47612,7861,244

23,0317,772

25,156

1,0831,973516861855429

526,082

28,06723, 36115, 554

95216, 8541,586435

15, 723609954

207,857180,5754,816

28, 76725,38115, 2811,17116,7902,043501

12, 5211,1631,072

222,069187,1072,036

7,4502,181

109

77363

526,082

Sept. 28,1925

144 banks

3253,230

105,99113,1311,169

22,4457,125

25,106

1,1361,839438708829519

537,429

28,79325,36217,1991,25016,4731,8341,084

11,566810

1,119230,482189, 5572,717

5,0502,063

467

1,999

537,429

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 386: Annual Report of the Comptroller of the Currency 1925

380 REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10, 1924, arranged by States and reserve cities—Continued

MASSACHUSETTS—Continued

BOSTON

[In thousands of dollars]

Dec. 31,1924

12 banks

Apr. 6,1925

12 banks

June 30,1925

12 banks

Sept. 28,1925

11 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts—Customer's liability account of "acceptances"United States Government securities _Other bonds, stocks, securities, etcBanking house, furniture, and fixturesOther real estate owned __Lawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust

companies __Exchanges for clearing houseChecks on other banks in the same placeOutside checks and other cash itemsRedemption fund and due from United States Treasurer.Other assets

Total..

LIABILITIES

Capital stock paid inSurplus fund _All other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstanding._.Amount due to national banksAmount due to State banks, bankers, and trust corn-

Certified checks outstanding _Cashier's checks outstanding-._ _Demand depositsTime deposits (including postal savings deposits)United States deposits _.United States Governnent securities borrowedBills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscounted.Letters of credit and travelers' checks sold for cash and

outstandingAcceptances executed for customers, etcAcceptances executed by other banks for account of this

bank ._Liabilities other than those above stated

484,41154

47, 54847,59456,34522,486

96053, 01530,09133, 277

7,24131,857

1414,471247

28,380

848,118

39, 95031, 77513, 7361,7234,86942,286

74, 2523,6726,604

408, 53298,93525, 987

Total...

7,27535,378

82347,269

2,9332,119

848,118

4746,94745,85655,56422,745

94045,53625,91424,455

6,94718,614

282,737115

27,691

493,69548

31,21040,91760,10322,907

93948,43630,110.31,603

5,55626,355

4,157164

35,638

815,034

44,95036,77513,8332,3442,28936, 613

71,9483,5394,328

370, 658116, 23622, 624

831, 855

3,90029,914

919

1,9212,310

815,034

45,45037,27513,0812,2623,463

35, 341

66, 7693,0028,301

410, 627127,7245,832150

3,28529,667

1,742

2,1543,750

831,855

504,91257

28,04339,13966,66321,184

937

28,90624,677

8,71122,233

101,268159

19,729

802, 614

44,45036,27513,8092,3273,14237,380

61, 2474,0414,852

399, 272122, 405

3,75528,978

29,179

1,5742,089

802,614

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 387: Annual Report of the Comptroller of the Currency 1925

REPORT OP THE COMPTROLLER OP THE CURRENCY 381

Abstract of reports since October 10, 1924, arranged by States and reserve cities—ContinuedMICHIGAN

[In thousands of dollars]

Dec. 31,1924

116 banks

Apr. 6,1925

118 banks

June 30,1925

120 banks

Sept. 28,1925

120 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts .__United States Government securitiesOther bonds, stocks, securities, etcBanking house, furniture, and fixtures__ _Other real estate ownedLawful reserve with Federal reserve bankItems with Federal reserve bankin process of collection..Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

paniesExchanges for clearing houseChecks on other banks in the same placeOutside checks and other cash items __ _Redemption fund and due from United States Treasurer.Other assets _

Total-

LIABILITIES

Capital stock paid inSurplus fundAll other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstanding.Due to Federal reserve banksAmount due to national banks.-Amount due to State banks, bankers, and trust com-

panies___Certified checks outstandingCashier's checks outstanding „Demand deposits.-Time deposits (including postal savings deposits)United States depositsUnited States Government securities borrowed.—Bonds and securities, other than United States, bor-

rowed-.. __Agreements to repurchase United States Government

or other securities soldBills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscounted .Letters of credit and travelers' checks sold for cash and

outstandingLiabilities other than those above stated

122,45084

23,48764,0688,597932

9,763240

19,480

4,618968361428542333

256, 351

14,2609,0534,145627

10, 70133831

4,924128709

75, 204132, 207

959118

1,876454

5117

128,928116

24,71365,940

1,04010,506

22617, 780

5,639974306465535271

131,291110

24,31066, 5669,5721,20010,609

21417,474

5,4091,136363480536273

266, 602 269, 543

14, 7279,2394,827719

10,48820

1,281

5,416114679

81, 589134, 6261,131

50

15, 0219,5054,759580

10, 552

1,296248

7145

4,229336832

81,215137,998

76732

100

100

1,776721

5146

134,189135

24,79167,3869,9331,39910,757

26217,313

4,251817280455542288

272,778

15,0839,5435,817

63910,617

911,162

5,515197691

81,662138,668

1,442132

94

892376

4153

Total- 256,351 272, 778

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 388: Annual Report of the Comptroller of the Currency 1925

382 REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10, 1924, arranged by States and reserve cities-Continued

MICHIGAN—Continued

DETROIT

[In thousands of dollars]

Dec. 31,1924

3 banks

Apr. 6,1925

3 banks

June 30,1925

3 banks

Sept. 28,1925

3 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts _Customer's liability account of "acceptances"United States Government securities _.Other bonds, stocks, securities, etcBanking house, furniture, and fixturesOther real estate ownedLawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

panies _ _Exchanges for clearing house . _-.Outside checks and other cash itemsRedemption fund and due from United States Treas-

urerOther assets _

Total.

Capital stock paid inSurplus fundAll other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstandingAmount due to national banksAmount due to State banks, bankers, and trust com-

paniesCertified checks outstandingCashier's checks outstandingDemand deposits __.Time deposits (including postal savings deposits)United States deposits..Bills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscountedLetters of credit and travelers' checks sold for cash and

outstandingAcceptances executed for customers, etc _Acceptances executed by other banks for account of this

bank _Liabilities other than those above stated

117,57386100

14, 27916,9086,724216

11,74911,14410, 621

7,9729,447834

642,061

209, 778

9,0008,0002,346200

1,2776,348

18, 545584

1,392125,97630,2501,644

3,40084

Total.

100

100504

209,778

121,54057300

16,60416,6006,902386

13, 8456,4718,439

7,5293,134584

571,521

139,67118372

17,68925,6486,858278

21,02910, 3548,020

8,2815,982697

571,968

246,922

9,0008,0002,548

• 4411,1006,041

18, 673475548

116, 30736,0603,398

374

60300

100544

203,969

9,0008,0002,826507

1,1326,145

21, 092612

1,049131, 82545, 2182,788

10,7004,917

372

33618

246,922

128,088165283

14,47323, 7556,846278

10,21714, 6848,994

6,3124,305609

572,058

221,124

9,0008,0003,2061,0171,1325,801

19,148588938

121, 55937, 7354,571

3,0504,428

75

593

221,124

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 389: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY 383

Abstract of reports since October *O, 192jy arranged by States and reserve citiesContinued

MICHIGAN—Continued

GRAND RAPIDS

[In thousands of dollars]

Dec. 31, Apr. 6,1924 1925

3 banks 3 banks

June 30,1925

3 banks

Sept. 28,1925

3 banks

RESOURCES

Loans and discounts (including rediscounts)OverdraftsCustomer's liability account of "acceptances"United States Government securitiesOther bonds, stocks, securities, etcBanking house, furniture, and fixturesOther real estate ownedLawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

paniesExchanges for clearinghouse _Checks on other banks in the same placeOutside checks and other cash itemsRedemption fund and due from United States Treasurer.Other assets.

Total.

LIABILITIES

Capital stock paid inSurplus fundAll other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstandingAmount due to national banksAmount due to State banks, bankers, and trust corn-

Certified checks outstandingCashier's checks outstanding..Demand depositsTime deposits (including postal savings deposits)United States depositsBills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscountedLetters of credit and travelers' checks sold for cash and

outstandingAcceptances executed for customers, etcLiabilities other than those above stated

20,114

3,9083,5651,601

321,756

5722,102

1,226636

528

10079

35, 726

2,1001,300

97345

2,000452

2,564108

313, 57712, 222

156

Total-

226

35, 726

19,93142

3,8033,0601,732

111,707

4902,998

1,397504

216

10086

35,879

100329

232

35,879

19,6221226

4,3673, 3311,728

131,785

7602,540

1,354603

427

10092

36, 364

2,1001,30092142

1,969595

2,462191

12, 83512,836

138

2,1001,30082593

1,953456

2,157374

14, 08213, 022

75

426

230

36, 364

22,6507

224,1452,8391,765

121,978

6223,107

1,383523

114

100105

39, 273

2,1001,300

94825

2,000673

3,35474

15,20012,876

68

400

322

230

39, 273

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 390: Annual Report of the Comptroller of the Currency 1925

384 REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10, 19@4, arranged by States and reserve cities—Continued

MINNESOTA

[In thousands of dollars]

RESOURCES

Loans and discounts (including rediscounts)Overdrafts __.Customer's liability account of "acceptances"— ._-United States Government securitiesOther bonds, stocks, securities, etc ___Banking house, furniture, and fixturesOther real estate owned _.Lawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

paniesExchanges for clearing houseChecks on other banks in the same placeOutside checks and other cash itemsRedemption fund and due from United States Treasurer.Other assets _.

Total-

Capital stock paid in _Surplus fundAll other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstandingAmount due to national banksAmount due to State banks, bankers, and trust com-

paniesCertified checks outstandingCashier's checks outstanding __.Demand deposits..Time deposits (including postal savings deposits)United States deposits .-_United States Government securities borrowedBills payable (including all obligations representing

money borrowed other than rediscounts).Notes and bills rediscountedLetters of credit and travelers' checks sold for cash and

outstanding.. .Acceptances executed for customers, etcAcceptances executed by other banks for account of this

bank. _Liabilities other than those above stated

Total .

Dec. 31,1924

318 banks

166,25319042

28,97446, 6138,3295,841

11,836314

37,618

3,775578498764614760

312, 999

20,89310,4163,667

83811,8409,824

12,525114

2,56092,430

144,4581,451

30

3231,420

42165

312,999

Apr. 6,1925

315 banks

164,41623224

31,05750,3448,2506,01011,879

31629,020

4,031540401529600857

308, 506

20,78310,0883,212

53111,5027,258

11,597186

2,36488,272

149,0521,882

45

3711,182

154

308,506

June 30,1925

309 banks

161,42120839

30,88752,1488,1786,179

12,021378

31,129

2,732642429668601844

308, 504

9,9223,312529

11,4696,476

9,907229

2,63295,501

145,436994

6P

675807

139

308,504

Sept. 28,1925

307 banks

156,32426135

30,73954, 5188,1576,28611,202

49327,189

2,933546351529576

1,002

301,141

20,2839,862

61111,2956,565

9,319134

2,26289,802143,8311,479

59

710890

35135

1,141

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 391: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY 385

Abstract of reports since October 10, 1924, arranged by States and reserve cities—Continued

MINNESOTA—Continued

MINNEAPOLIS

[In thousands of dollars]

Dec. 31,1924

7 banks

Apr. 6,1925

7 banks

June 30,1925

7 banks

Sept. 28,1925

7 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts..,Customer's liability account of'' acceptances "United States Government securitiesOther bonds, stocks, securities, etcBanking house, furniture and fixturesOther real estate ownedLawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

paniesExchanges for clearing houseChecks on other banks in the same placeOutside checks and other cash itemsEedemptionfund and due from United States Treasurer.Other assets _

Total

LIABILITIES

Capital stock paid inSurplus fundAll other undivided profits, lses expenses and taxes paid.Beserved for taxes, interest, etc., accrued.-National-bank notes outstandingAmount due to national banksAmount due to State banks, bankers, and trust com-

paniesCertified checks outstanding '.Cashier's checks outstanding __.Demand depositsTime deposits (including postal savings deposits)United States depositsUnited States Government securities borrowedBills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscountedLetters of credit and travelers' checks sold for cash and

outstandingAcceptances executed for customers, etcAcceptances executed by other banks for account of this

bank .Liabilities other than those above stated _

Total ._

137,56339

2,34230, 65014, 3662,015654

12, 7344,63612,941

10, 7526,947138

3,636181

1,595

241,189 I

11, 6507,7001,4501,2253,53826, 642

42, 801265

5,72385,44149,4412,090

60

50

172,078

264686

241,189

128,131

30, 24714, 6342,007758

12,8013,89015, 521

9,1124,596110

3,674137

1,981

228, 311

11, 6507,6901,272632

2,73921, 334

38? 765365

4,90884, 05549, 6643,327

60

50364

13372

313738

126,60246153

27, 64817, 7682,011833

15,1793,60712, 306

11,1715,448141

4,171137

2, 851

230, 072

11, 6507,7001,408852

2,70618,448

31,457708

5,59296, 25049, 2612,233

60

598366

1972

81611

127,40976717

28,97617,4552,009866

14, 2793,93211,974

11, 7755,636

1372,259

233,457

11,6507, 7001,7291,1622,64820,844

35,956406

5,83489,277

3,42360

9301,106

14676

411,037

228, 311 230, 072 233,457

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 392: Annual Report of the Comptroller of the Currency 1925

386 REPORT OF THE COMPTROLLER, OF THE CURRENCY

Abstract of reports since October 10, 1924, arranged by States and reserve cities—Continued

MINNESOTA—Continued

ST. PAUL

[In thousands of dollars]

Dec. 31,1924

5 banks

Apr. 6,1925

5 banks

June 30,1925

4 banks

Sept. 28,1925

4 banks

EESOURCES

Loans and discounts (including rediscounts)OverdraftsCustomer's liability account of "acceptances"United States Government securities..Other bonds, stocks, securities, etc_._Banking house, furniture, and fixturesOther real estate owned. _Lawful reserve with Federal reserve bank.,.Items with Federal reserve bank in process of collectionCash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

panies..Exchanges for clearing house. __Checks on other banks in the same placeOutside checks and other cash itemsRedemption fund and due from United States TreasurerOther assets.

Total.

LIABILITIES

Capital stock paid in... _.Surplus fund.. _All other undivided profits, less expenses and taxes paid.R. eserved for taxes, interest, etc., accruedNational bank notes outstandingAmount due to national banks _Amount due to State banks, bankers, and trust com-

paniesCertified checks outstanding.__ _ 1...Cashier's checks outstandingDemand deposits _Time deposits (including postal savings deposits)United States depositsBills payable (including all obligations representing

money borrowed other than rediscounts)._Notes and bills rediscountedLetters of credit and traverlers' checks sold for cash and

outstanding _Acceptances executed for customers, etc. _Liabilities other than those above stated

73,46319

74727,1546,7631,893

58,9662,69114,853

5,6672,350

371,004

40226

5,9003,7582,5031,334803

19,023

22, 231142873

64,24423,760

335

50

Total.

14747161

145,878

63,31224

37327,3048,4561,780

848,4602,409

12, 900

4,8021,674

4569530752

56,9033237

26,1169,3681,755

917,0592,5889,684

5,8321,884

561,255

30445

145,878 133,100 123,135 I

5,9003,7582,4641,223587

14,408

17,392201625

60, 76024,173

6556

15373451

133,100

5,7003,7002,2731,373599

11,419

15, 751246

1,03056, 23724,051

202

46

2137450

123,135

65,55425375

23,9118,9491,756105

7,6213,0089,732

5,9191,590

2671630

129,413

5,7003,7002,8021,419588

13,473

14,892173381

56,86128,000

419

15514

32375429

129,413

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 393: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY 38?

Abstract of reports since October 10, 192 j., arranged by States and reserve cities—Continued

MISSISSIPPI

[In thousands of dollars]

Dec. 31,1924

36 banks

Apr. 6,1925

36 banks

June 30,1925

36 banks

Sept. 28,1925

37 banks

RESOURCES

Loans and discounts (including rediscounts)OverdraftsCustomer's liability account of "acceptances"United States Government securities.__Other bonds, stocks, securities, etc.._ -Banking house, furniture, and fixtures.-_Other real estate ownedLawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

panies _Exchanges for clearing houseChecks on other banks in the same placeOutside checks and other cash items_.Redemption fund and due from United States Treasurer.Other assets.

Total.

LIABILITIES

Capital stock paid inSurplus fund _ _All other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstandingDue to Federal reserve banksAmount due to national banksAmount due to State banks, bankers, and trust com-

panies _Certified checks outstanding..Cashier's checks outstandingDemand depositsTime deposits (including postal savings deposits)United States depositsUnited States Government securities borrowedBonds and securities, other than United States, bor-

rowed. —Agreements to repurchase United States Government

or other securities soldBills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscountedAcceptances executed for customers, etcLiabilities other than those above stated

44,021205267

4,71610,9421,827

4133,621

1785,804

6,33613950733814721

79,482

5,1853,083

738110

2,92940

777

4,36733

75135,56623,194

33924

Total.

4901,441

26779

79,482

44, 687163207

6,61311,9951,857

4653,341

1345,688

5,51262

37720114750

81,499

5,2853,1081,019170

2,89252882

3,62022497

35,04726,280

57127

59

2851,44420732

81,499

46,31612125

6,14612,0061,944422

3,498113

4,653

4,6349540718114893

80,802

5,2853,114840218

2,92040604

3,02032412

32,63827,058

36623

150

5153,502

2540

80,802

51,451501200

6,37612,0752,023389

3,985131

7,283

8,005124358167149

93,277

5,4103,2041,195268

2,93252900

5,17521560

38,62329,082

546

22

85

175

1,5983,101290

93,277

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 394: Annual Report of the Comptroller of the Currency 1925

388 REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10, 192j.y arranged by States and reserve cities—

Continued

MISSOURI

[In thousands of dollars]

Dec. 31,1924

107 banks

Apr. 6,1925

106 banks

June 30,1925

106 banks

Sept. 28,1925

110 banks

RESOURCES

Loans and discounts (including rediscounts)OverdraftsUnited States Government securitiesOther bonds, stocks, securities, etc -Banking house, furniture, and fixturesOther real estate owned -Lawful reserve with Federal reserve bank.__Items with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust

companiesExchanges for clearing houseChecks on other banks in the same placeOutside checks and other cash itemsRedemption fund and due from United States Treasurer.Other assets

49,281113

12,0437,5021,994

9364,093

38312,190

2,38128919713429252

Total. 91,880

LIABILITIES

Capital stock paid in _._Surplus fundAll other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstandingDue to Federal reserve banksAmount due to national banksAmount due to State banks, bankers, and trust com-

panies -_ _- _Certified checks outstandingCashier's checks outstandingDemand deposits _Time deposits (including postal savings deposits)United States depositsUnited States Government securities borrowed..Bonds and securities, other than United States, bor-

rowedAgreements to repurchase United States Government

or other securities soldBills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscounted _Letters of credit and travelers' checks sold for cash and

outstandingLiabilities other than those above stated

7,2633,3921,213

565,803

1,449

7,74858

27443,73219,340

359359

50,118124

12,9787,5122,011

9743,779

3569,600

2,47225919414926461

90,851

7,2373,3541,484

435,339

2,360

6,23721

27241,43719,9661,341

372

Tota l .

407411

115

91,880

496874

18

90,851

52,19894

12,1448,2982,107

9834,007

297

2,22052616812827263

93,431

7,4923,3811,379

825,428

31,489

7,46510266

42,94021,274

173368

10

5121,122

93,431

52,630166

12,8619,2342,1991,0314,120286

10,986

2,483330172166285

97,037

7,8433,5171,586

905,712

7,1199

23344,22222,278

195344

50

283564

97,037

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 395: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY 389

Abstract of reports since October 10, 1924., arranged by States and reserve cities—Continued

MISSOURI—Continued

KANSAS CITY

[In thousands of dollars]

Dec. 31,1924

10 banks

Apr. 6,1925

10 banks

June 30,1925

10 banks

Sept. 28,1925

10 banks

BESOURCES

Loans and discounts (including rediscounts)OverdraftsCustomer's liability account of "acceptances"United States Government securitiesOther bonds, stocks, securities, etc.Banking house, furniture, and fixturesOther real estate owned .Lawful reserve with Federal reserve bankItems with Federal reserve bank in process of collectionCash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

panies..Exchanges for clearinghouseChecks on other banks in the same place.Outside checks and other cash itemsRedemption fund and due from United States TreasurerOther assets _

90,36315

85,18337

81,19027

15, 5827,9621,739

48513,2349,607

23, 612

8,3964,590

15598492

109

16, 6597,9541,744

50911, 5098,838

15,441

6,3962,746

7250681

111

14, 714

1,960521

11, 6829,269

14,012

5,8473,348

10273572

236

Total. 176,925 157, 786 152, 013

LIABILITIES

Capital stock paid inSurplus fundAll other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstanding _Due to Federal reserve banksAmount due to national banksAmount due to State banks, bankers, and trust com-

panies. _ _Certified checks outstandingCashier's checks outstandingDemand depositsTime deposits (including postal savings deposits)United States depositsUnited States Government securities borrowed _-_.Letters of credit and travelers' checks sold for cash and

outstanding..Liabilities other than those above stated

7,2003,0373,243

311,815

7,2003,0213,603

821,622

7,2003,0223,470111

1,444

Total.

49,131

35, 496114

3,93065, 7085,0921,619

50

7452

176, 925

35,418

30,662114

1,39965,0435,2773,924

60

15346

157, 786

34, 222

28, 27590

1,63865, 6295,5011,070

60

31250

152, 013

79,974

13, 7948,1502,076479

10,34110,96511,885

6,2132,379

4148355256

147,140

6,8003,0723,848

561,098

26,706

29, 65191

2,061

5,4751,097

60

20

147,140

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 396: Annual Report of the Comptroller of the Currency 1925

390 REPOET OF THE COMPTEOLLER OF THE CUBHENCY

Abstract of reports since October 10, 192^, arranged by States and reserve cities—Continued

MISSOURI—Continued

ST. JOSEPH

[In thousands of dollars]

Dec. 31,1924

4 banks

Apr. 6,1925

4 banks

June 30,1925

4 banks

Sept. 28,1925

4 banks

RESOURCES

Loans and discounts (including rediscounts)OverdraftsCustomer's liability account of "acceptances"United States Government securities..Other bonds, stocks, securities, etc _Banking house, furniture, and fixturesOther real estate owned __.Lawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

panies.Exchanges for clearing houseChecks on other banks in the same placeOutside checks and other cash items .Redemption fund and due from United States Treas-

urer.Other assets _

Total.. __ _

LIABILITIES

Capital stock paid inSurplus fundAll other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accrued.National bank notes outstanding. _.Amount due to National banksAmount due to State banks, bankers, and trust com-

panies.Certified checks outstandingCashier's checks outstanding _Demand depositsTime deposits (including postal saving deposits).United States deposits. . .Bills payable (including all obligations representing

money borrowed other than rediscounts).Letters of credit and travelers' checks sold for cash and

outstanding.Acceptances executed for customers, etcLiabilities other than those above stated

Total

20,058231

2,0581,14339892

2,4301,1416,1571,278

5302577142

20,0461911

1,84070139792

1,818786

4,1171,106

2986222226

18,069259

1,6371,05039890

1,901528

4,8271,082

5461433626

12

35,691

1,10095024117

8364,947

10,895

4120

9,5376,875

51

1114

35,691

11

31,912

1,10095026777

5113,5899,311

2113

6,554308300

11119

31,912

173

30,540

1,10095026924

5133,7019,303

2128

7,3077,050

59

11121

30,540

17,84291

1,4551,074

39690

1,511690

3,177996

3791723

14

27,700

1,100950310

59506

7,937

8229

7,5956,166

34

2135

27,700

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 397: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY 391

Abstract of reports since October 10, 1924, arranged by States and reserve cities—Continued

MISSOURI—Continued

ST. LOUIS

[In thousands of dollars]

Dec. 31,1924

10 banks

Apr. 6,1925

11 banks

June 30,192.5

11 banks

Sept. 28,1925

11 banks

EESOURCES

Loans and discounts (including rediscounts)Overdrafts..Customer's liability account of'' acceptances " _.United States Government securitiesOther bonds, stocks, securities, etcBanking house, furniture, and fixturesOther real estate ownedLawful reserve with Federal reserve bankItems with Federal reserve bankin process of collection..Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

Exchanges for clearing houseChecks on other banks in the same placeOutside checks and other cash itemsEedemption fund and due from United States Treas-

urerOther assets

Total _

LIABILITIES

Capital stock paid in ±Surplus fundAll other undivided profits, less expenses and taxes'paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstandingAmount due to national banksAmount due to State banks, bankers, and trust com-

panies ___Certified checks outstandingCashier's checks outstandingDemand depositsTime deposits (including postal savings deposits)United States depositsUnited States Government securities borrowedAgreements to repurchase United States Government

or other securities soldBills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscountedLetters of credit and travelers' checks sold for cash and

outstandingAcceptances executed for customers, etc.Liabilities other than those above stated

209,077122125

21,95334,8946,6481,38421,94316, 40022, 304

13, 3709,596131

509605

26,1509,4514,781845

10,14241,967

43,41047

1,921156, 00259,6722,923

9019212

1251,045

Tota l - 359,443

197,65833

23125, 03434,8486,2341,381

20, 22316, 26519, 606

24251

481877

186,4801583

22,63940, 7356,721305

17,63915,18816, 608

8,9477,749

59

4812,426

359,443 | 339,874 326, 363

26, 2599,4914,9391,2959,54637,157

40,71994

1,343144, 24654,6347,038589

1,040

35233

1,216

26,3319,5324,4851,3359,49933,696

35,44263

1,720140,82058,3141,690573

200

3001,162

5883

1,060

339,874 326, 363

197,64330218

23,56035,7866,775303

17,55716,18115,342

10,9905,138

32342

481508

26,3509,5355,3161,5679,449

34,720

37,20718

1,612138,21759,8102,346

563

4952,209

41226

1,205

330,886

67746°—26f- -26

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 398: Annual Report of the Comptroller of the Currency 1925

392 REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10, 1924, arranged by States and reserve cities—ContinuedMONTANA

[In thousands of dollars]

Dec. 31,1924

89 banks

Apr. 6,1925

83 banks

June 30,1925

83 banks

Sept, 28,1925

82 banks

RESOURCES

Loans and discounts (including rediscounts)OverdraftsUnited States Government securitiesOther bonds, stocks, securities, etcBanking house, furniture, and fixturesOther real estate owned ,Lawful reserve with Federal reserve bankItems with Federal reserve bankin process of collection..Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

paniesExchanges for clearing house..Checks on other banks in the same placeOutside checks and other cash itemsRedemption fund and due from United States Treas-

urer __Other assets _

Total.. _.

LIABILITIES

Capital stock paid in____Surplus fundAll other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstandingAmount due to national banksAmount due to State banks, bankers, and trust com-

paniesCertified checks outstanding..Cashier's checks outstandingDemand depositsTime deposits (including postal savings deposits)United States depositsUnited States Government securities borrowedBills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscountedLetters of credit and travelers' checks sold for cash and

outstandingLiabilities other than those above stated

Total...

34,96064

9,6887,5512,6501,1343,845208

14, 663

2,442178101310

132194

78,120

5,5352,2871,009

162,632975

2,31315

80437,32124,580

199287

639,9408,3192,5821,1743,455350

9,997

2,232188101

117179

75,022

5,3352,25288891

2,275835

2,27340647

33,60726, 025

2283

185325

36, 72970

10, 076

2,5891,2613,282208

9,634

1,81916180312

116180

75, 005

5,3352,23679281

2,286697

1,85558623

33, 85126,116

1813

298586

37, 516105

9,9028,8502,6261,2803,486272

11,390

1,971197103282

118202

78,300

5,2952,1971,061

832,250851

2,11830622

36,45626,339

264

312412

78,120 75, 022 75,005 78,300

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 399: Annual Report of the Comptroller of the Currency 1925

REPOBT OF THE COMPTKOIJLEB. OF THE CUEEENCT 393

Abstract of reports since October 10, 1924, arranged by States and reserve cities—Continued

MONTANA—Continued

HELENA

[In thousands of dollars]

Dec. 31,1924

2 banks

Apr. 6,1925

2 banks

June 30,1925

2 banks

Sept. 28,1925

2 banks

RESOURCES

Loans and discounts (including rediscounts)OverdraftsUnited States Government securitiesOther bonds, stocks, securities, e t c . -Banking house, furniture, and fixturesOther real estate ownedLawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and ftrust

companiesExchanges for clearing house __Outside checks and other cash itemsRedemption fund and due from United States Treasurer

Total—

LIABILITIESCapital stock paid in _Surplus fund— ___All other undivided profits, less expenses and taxes paid.National-bank notes outstandingAmount due to national banksAmount due to State banks, bankers, and trust com-

panies !Certified checks outstandingCashier's checks outstanding __Demand deposits..Time deposits (including postal savings deposits)United States deposits

Total..

3,93216

1,1621,106

9645

654282

1,516

144584816

9,075

450325

50300

1,350

1,254

1353,6051,556

50

9,075

3,53314

9691,277

9645

412148

1,121

92547

10

7,778

45032564

200901

1,1272

732,9691,616

51

7,778

3,53028

7691,036

9645

602247

1,193

150303710

7,773

450325

65200764

9265

1153,2001,671

52

7,773

3,81623

7651,035

9545

595238

1,267

115211110

8,036

45032596

200925

9451

783,3291,656

31

8,036

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 400: Annual Report of the Comptroller of the Currency 1925

394 REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10, 1924, arranged by States and reserve cities—ContinuedNEBRASKA

[In thousands of dollars]

Dec. 31,1924

160 banks

Apr. 6,1925

159 banks

June 30,1925

159 banks

Sept. 28,1925

157 banks

RESOUECES

Loans and discounts (including rediscounts)Overdrafts ._Customer's liability account of "acceptances"-- _.United States Government securitiesOther bonds, stocks, securities, etc. _Banking house, furniture, and fixtures .Other real estate ownedLawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection. _Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

panies --Exchanges for clearing houseChecks on other banks in the same placeOutside checks and other cash items__Redemption fund and due from United States TreasurerOther assets

Total _

LIABILITIES

Capital stock paid inSurplus fundAll other undivided profits, less expenses amd taxes paidReserved for taxes, interest, etc., accruedNational-bank notes outstanding ._ , .Due to Federal reserve banksAmount due to national banksAmount due to State banks, bankers, and trust com-

panies _Certified checks outstandingCashier's checks outstandingDemand depositsTime deposits (including postal savings deposits)United States deposits __.United States Government securities borrowedBills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscountedLetters of credit and travelers' checks sold for cash and

outstandingAcceptances executed for customers, etc _.Liabilities other than those above stated

Total _

67,161213

65,404237

64,288175

10,3294,4342,9482,5914,408

3113,836

70114328423734180

8,5454,8711,589344

6,7851

6,21424730

40, 29934,849

5722

4142,326

27

107,737

10,8855,6472,9582,7944,594

2914,386

50312927420433681

11, 2205,8042,9632,9164,507

2014, 595

46013622918033796

107,737 108,461 107,926

8,4954,6781,417335

6,662

778

6,61756640

42, 60434, 797

13924

571,155

108,461

8,4554,6431,579228

6,674

882

6,40437556

41, 24936,073

4822

571,012

107,926

64,47024532

11,0125,9742,9722,8774,352

2012,109

4379121721933090

105, 447

8,3404,5471,759222

6,546

764

5,66038491

39,89135, 596

1222

3871,132

2326

105,447

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 401: Annual Report of the Comptroller of the Currency 1925

REPORT OP THE COMPTROLLER OF THE CURRENCY 395

Abstract of reports since October 10, 192'4, arranged by States and reserve cities—Continued

NEBRASKA—Continued

LINCOLN

[In thousands of dollars]

Dec. 31,1924

5 banks

Apr. 6,1925

5 banks

June 30,1925

5 banks

Sept. 28,1925

5 banks

RESOURCES

Loans and discounts (including rediscounts)OverdraftsUnited States Government securities __Other bonds, stocks, securities, etc _Banking house, furniture, and fixturesOther real estate ownedLawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection..Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

paniesExchange for clearing houseChecks on other banks in the same placeOutside checks and other cash itemsRedemption fund and due from United States Treasurer.Other assets..

14,310

1,4072,693

906133

1,728451

3,929

1,10250117

14828

Total- 27,360

LIABILITIES

Capital stock paid inSurplus fundAll other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstandingAmount due to national banksAmount due to State banks, bankers, and trust com-

paniesCertified checks outstandingCashier's checks outstandingDemand deposits _Time deposits (including postal savings deposits)United States deposits._ .--.Bills payable (including all obligations representing

money borrowed other than rediscount)Letters of credit and travelers checks sold for cash and

outstanding

1,725834239137567

2,255

6,64830143

11,0343,720

22

15,73512

1,9803,042908152

1,832417

3,171

1,2043781413328

29, 006

1,725835267126568

2,605

7,25934190

11,4793,756150

Total. 27,360

12

29,006

16,45312

1,7953,236928160

1,817442

2,516

1,3414241113129

29, 295

1,72583732839566

2,355

7,02933169

11,9063,934

57

300

17

29,295

16,43827

1,7103,039936168

1,778353

1,953

1,03836318105

27,957

1,72583741873565

2,134

6,01349168

11,9693,928

71

27,957

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 402: Annual Report of the Comptroller of the Currency 1925

396 REPORT OF THE COMPTROLLER OiF THE CURRENCY

Abstract of reports since October 10, 1924, arranged by States and reserve cities—Continued

NEBRASKA—Continued

OMAHA

[In thousands of dollars]

Dec. 31,1924

8 banks

Apr. 6,1925

8 banks

June 30,1925

8 banks

Sept. 28,1925

8 banks

RESOURCES

Loans and discounts (including rediscounts)OverdraftsUnited States Government securities _.Other bonds, stocks, securities, etc.-.Banking house, furniture, and fixtures _.Other real estate owned _Lawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection_.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust

companies _Exchanges for clearing house _ ._.Checks on other banks in the same placeOutside checks and other cash itemsRedemption fund and due from United States Treasurer.Other assets

Total.

LIABILITIES

Capital stock paid inSurplus fund.All other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstandingAmount due to national banksAmount due to State banks, bankers, and trust

companiesCertified checks outstandingCashier's checks outstandingDemand deposits _Time deposits (including postal savings deposits)United States deposits. __United States Government securities borrowedBills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscounted __Letters of credit and travelers' checks sold for cash and

outstanding „__Liabilities other than those above stated

63,19758

6,6227,4893,300970

8,4033,45513,207

8,0273,3574755227062

119,214

6,1503,0501,067963

1,20017,077

22, 896169

1,69952,18712, 222

43786

66,354116

7,6908,5983,3071,0096,8794,0039,970

7,2092,7205949136079

65, 11187

5,5669,8133,3411,0308,6833,116

13,279

8,4522,571

8408196064

119,501 122,832

6,1503,0501,127

7631,195

14,926

23,566139

1,48952,68511,880

52485

1,900

6,1503,0501,396

6071,194

14,845

24,589145

1, 74556,48012,030

419142

22

Total. 119,214 119,501 122,832

63,64368

5,0789,8573,4351,0986,9883,945

10,054

6,7051,8903587566071

114,006

6,1503,0501,570454

1,19013,617

21, 206110

1,12852,06911,256

43078

5011,170

27

114,006

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 403: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY 397

Abstract of reports since October 10, 1924, arranged by States and reserve cities—ContinuedNEVADA

[In thousands of dollars]

RESOURCES

Loans and discounts (including rediscounts) _Overdrafts _ _ _.United States Government securitiesOther bonds, stocks, securities, etcBanking house, furniture, and fixtures.Other real estate owned.Lawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection..Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

panies _Exchanges for clearing houseChecks on other banks in the same placeOutside checks and other cash items .Redemption fund and due from United States Treasurer.Other assets

Total.. ._

LIABILITIES

Capital stock paid inSurplus fundAll other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstanding. __Due to Federal reserve banksAmount due to national banksAmount due to State banks, bankers, and trust com-

panies _. _Certified checks outstandingCashier's checks outstandingDemand depositsTime deposits (including postal savings deposits).United States deposits _Notes and. bills rediscountedLiabilities other than those above stated

Total

Dec. 31,1924

11 banks

8,70723

2,5621,825

81897

7445

3,041

5577

221261

18,481

1,46065512065

1,21890

251

1,5144

1047,3225,583

95

18,481

Apr. 6,1925

10 banks

8,75524

2,8471 874

80095

69639

1,579

364102714601

17,185

1,38564012929

1,18028

133

88916

1076,6595,897

93

17,185

June 30,1925

10 banks

9,49533

2,7191 771

79793

77944

2,210

420221921601

18,484

1,38564515149

1,19843

191

1,35624

2867,1375,925

93

1

18,484

Sept. 28,1925

10 banks

9,51426

2,7491 863

80287

78548

2,383

4628

229

601

18,819

1,38564516724

1,19244

264

9136

1407,8596,010

9278

18,819

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 404: Annual Report of the Comptroller of the Currency 1925

398 REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10, 1924, arranged by States and reserve cities—Continued

NEW HAMPSHIRE

[In thousands of dollars]

Dec. 31,1924

54 banks

Apr. 6,1925

54 banks

June 30,1925

54 banks

Sept. 28,1925

54 banks

RESOURCES

Loans and discounts (including redicounts)Overdrafts. _United S tates G overnment securities. _Other bonds, stocks, securities, etc ._.Banking house, furniture, and fixtures _Other real estate ownedLawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

panies -.Exchanges for clearing houseChecks on other banks in the same placeOutside checks and other cash itemsRedemption fund and due from United States Treasurer.Other assets

Total.LIABILITIES

Capital stock paid in __ _.Surplus fund __ _ _All other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accrued _National-bank notes outstandingDue to Federal reserve banks ___Amount due to national banksAmount due to State banks, bankers, and trust com-

paniesCertified checks outstandingCashier's checks outstandingDemand depositsTime deposits (including postal savings deposits)United States depositsUnited States Government securities borrowedBonds and securities, other than United States, borrowed.Bills payable (including all obligations representing

money borrowed other than rediscounts) _Notes and bills rediscountedLetters of credit and travelers' checks sold for cash and

outstandingLiabilities other than those above stated

35,18828

12, 02712, 7232,187

703,4641,2335,750

20729417633824526

73,956

5,2404,6202,763

464,845367445

2,66832377

35, 48014, 362

480

1,906224

Total.. 73,956

35,20723

12,19012, 8942,275

713,1981,0195,301

31612414018723229

73,206

5,2404,6253,051

444,632276276

2,54447348

33, 45314,931

8225072

2,485308

37,12029

11, 88513,1822,278

673,3721,4854,646

21317618030323220

75,188

5,2404,6373,012

634,651413267

2,795

35, 63114,980

399119

73,206

1,925656

22

75,188

37, 74134

12,43214,3612,309

753,5461,1685,771

11914212919823320

78,278

5,2404,6423,240

364,631418623

2,43867311

38,14215, 767

470121

1,931199

78,278

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 405: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OP THE CURRENCY 399

Abstract of reports since October 10, 1924, arranged by States and reserve cities—Continued

NEW JERSEY

[In thousands of dollars]

Dec. 31,1924

253 banks

Apr. 6,1925

258 banks

June 30,1925

265 banks

Sept. 28,1925

268 banks

RESOURCES

Loans and discounts (including rediscounts)OverdraftsCustomer's liability account of "acceptances"United States Government securitiesOther bonds, stock, securities, etcBanking house, furniture, and fixturesOther real estate ownedLawful reserve with Federal reserve bankItems with Federal reserve bankin process of collection..Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

paniesExchanges for clearing houseChecks on other banks in the same placeOutside checks and other cash itemsRedemption fund and due from United States Treas-

urerOther assets.. , __

370,96065

53675, 702

224, 55820, 992

2,11137, 48912, 22240, 713

7,3734,3831,8771,449

1,0522,069

382, 02086

63779, 996

224, 40621, 743

2,36033,16311, 87434, 019

5,2412,4811,290

785

1,0601,933

406, 680125439

75, 574230, 055

22, 3591,998

37,14813,31136, 745

6,1454,0451,9521,306

1,0572,590

Total . 803, 551 803, 094 841, 529

LIABILITIES

Capital stock paid in _.Surplus fundAll other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstandingDue to Federal reserve banksAmount due to national banksAmount due to State banks, bankers, and trust com-

paniesCertified checks outstandingCashier's checks outstandingDemand depositsTime deposits (including postal savings deposits)United States depositsUnited States Government securities borrowedBonds and securities, other than United States, bor-

rowedAgreements to repurchase United States Government

or other securities sold.Bills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscounted :.Letters of credit and travelers' checks sold for cash and

outstanding '.Acceptances executed for customers, etcAcceptances executed by other banks for account of this

bank.. ___Liabilities other than those above stated

38, 98036, 25114, 5601,082

20, 7403,9161,643

13, 3601,7951,660

332, 411316, 466

5,143

100

Total.

11, 5222,005

23478

581,358

803, 551

39, 93836, 85916, 9272,00620, 8523, 5561,912

11, 7152, 2222,129

311, 596328, 741

100

40, 97338,18015, 8211,189

20, 6024,0492,202

12,1212,6482,566

339, 212342, 9553,245

32

12, 2563,388

580

571,680

803,094

9,8613,835

389

501,579

841, 529

426,630152512

74,456238,49822,8772,64335, 51511,18231,195

4,6342,216980

1,128

1,0632,193

855,874

41,46438,74018,8412,18520,8203,2502,086

9,4543,1381,589

339,191352,922

152

290

11,8312,730

30479

411,552

855,874

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 406: Annual Report of the Comptroller of the Currency 1925

400 REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10, 1924, arranged by States and reserve cities—Continued

NEW MEXICO

[In thousands of dollars]

Dec. 31,1924

33 banks

Apr. 6,1925

33 banks

June 30,1925

31 banks

Sept. 28,1925

31 banks

KESOURCES

Loans and discounts (including rediscounts)Overdrafts.-United States Government securitiesOther bonds, stocks, securities, etc _Banking house, furniture, and fixturesOther real estate owned _Lawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection..Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

paniesExchanges for clearing house _..Checks on other banks in the same placeOutside checks and other cash items _Redemption fund and due from United States Treas-

urerOther assets

Total -

LIABILITIESCapital stock paid inSurplus fund.All other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstanding _ _Due to Federal reserve banksAmount due to national banksAmount due to State banks, bankers, and trust com-

paniesCertified checks outstandingCashier's checks outstandingDemand depositsTime deposits (including postal savings deposits)United States deposi ts , . -United States Government securities borrowedBills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscounted.-Letters of credit and travelers' checks sold for cash and

outstanding _Liabilities other than those above stated

Total ,

15,49310

3,0751,0721,191

5041,510

163

65642

10490

6786

29,931

2,310959518

1,33531

607

62023

55417, 5225,604

133

30114

15, 79362

3,4811,1531,193

5511,387

1464,045

3566

10677

6783

28,506

2,310950125

61,329

32421

59615

42516,1995,753

1436

149

—.. .

15, 2749

3,674960

1,161482

1,273145

3,548

474

104

27, 285

2,135912150

51,113

32

49341

42716,1464,859

1334

40406

120

15,18625

4,007978

1,164471

1,233124

2,970

2022

9657

5658

26,629

2,135914192

31,112

32278

47640

38415,6044,883

1295

142

17

29,931 28,506 27,285 26,629

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 407: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY 401

Abstract of reports since October 10, 192j., arranged by States and reserve cities—Continued

NEW YORK

[In thousands of dollars]

Dec. 31,1924

485 banks

Apr. 6,1925

486 banks

June 30,1925

488 banks

Sept. 28,1925

494 banks

RESOURCES

Loans and discounts (including rediscounts)OverdraftsCustomer's liability account of'' Acceptances"United States Government securitiesOther bonds, stocks, securities, etc „Banking house, furniture, and fixturesOther real estate owned ___ _Lawful reserve with Federal reserve bankItems with Federal reserve bank in process of collectionCash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

panies. __ .__Exchanges for clearing house, _Checks on other banks in the same place __.Outside checks and other cash itemsRedemption fund and due from United States Treasurer.Other assets _

Total _ _

LIABILITIES

Capital stock paid in •___Surplus fund „All other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accrued.National-bank notes outstanding. _Due to Federal reserve banksAmount due to national banksAmount due to State banks, bankers, and trust com-

paniesCertified checks outstandingCashier's checks outstanding ___Demand deposits _ ,Time deposits (including postal savings deposits)United States depositsUnited States Government securities borrowed-Bonds and securities, other than United States, bor-

rowed __BDls payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscountedLetters of credit and travelers' checks sold for cash and

outstandingAcceptances executed for customers, etcAcceptances executed by other banks for account of this

bank._ __ _Liabilities other than those above stated

Total

446,854187408

98,517312,38620, 0641,921

41,1958,946

45, 566

10,5961,0251,9731,2941,7661,394

994,092

51,16942,90121,5621,603

34, 7793,2332,718

7,1121,6611,457

346,623457,9334,127813

50

10,7324,602

4276

152585

466,667175584

98,582317,16620, 5152,070

41,2878,42944,051

10,369802

1,997929

* 1,6921,126

221795

95,764321, 56020, 8642,16044, 5729,676

42,173

8,8481,1082,1621,1381,6581,744

1,016,441 1,041,211

52,03043, 59325,4762,681

33, 3842,3633,159

7,3481,781926

349,378474, 2404,117312

50

10, 2174,169

14367

231605

52,49044,41524,3231,639

32, 5022,9992,798

7,3492,3521,465

357,780487,7551,301105

50

14,7815,667

160611

503,455253387

96,023334,31221,4032,55345,0899,03543,270

9,785839

1,8441,1151,6351,398

1,072,396

53,08144,94628,7592,77032,200

6,8221,8971,029

375,499500,5402,924129

50

10,1333,982

138755

994,092 1,016,441 1,041,211 1,072,396

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 408: Annual Report of the Comptroller of the Currency 1925

402 REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10, 1927+, arranged by States and reserve cities—Continued

NEW YOBK—Continued

ALBANY

[In thousands of dollars]

Dec. 31,1924

3 banks

Apr. 6,1925

3 banks

June 30,1925

3 banks

Sept. 28,1925

3 banks

RESOURCES

Loans and discounts (including rediscounts)OverdraftsCustomer's liability account of "Acceptances"United States Government securitiesOther bonds, stocks, securities, etcBanking house, furniture, and fixturesOther real estate ownedLawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

paniesExchanges for clearing houseChecks on other banks in same placeOutside checks and other cash itemsRedemption fund and due from United States Treasurer.Other assets

Total.

LIABILITIES

Capital stock paid in _Surplus fund..All other undivided profits, less expenses and taxes

paid-.Reserved for taxes, interest, etc., accruedNational-bank notes outstandingDue to Federal reserve banksAmount due to national banksAmount due to State tanks, bankers, and trust com-

panies _Certified checks outstandingCashier's checks outstandingDemand depositsTime deposits (including postal savings deposits)United States depositsBills payable (including all obligations representing

money borrowed other than rediscounts)_._Notes and bills rediscountedAcceptances executed by other banks for account of

this bankLiabilities other than those above stated. _

Total _

44, 749

9,39616, 340,1,407454

5,9835,2735,515

2,1261,108

22692282

92, 960

3,1003,650

2,525237

1,682

8,237

10,977424280

44, 69511,197

175

1,500415

197

92,960

51,11045

17,4731,407444

6,7933,7235,622

1,9664904

19288191

55, 54694

9,05716, 5341,407444

6,05713,6445,697

3,027514

27388305

97,875 112, 606

3,1003,650

2,664242

1,6822,2409,156

8,789332116

51, 70413, 260

73

3,3504,150

2,769278

1,6422,7127,798

8,657694265

65,95814,030

73

5862

97,875

4226

112,606

46,52814

9,34515, 5551,404445

4,7996,6134,723

2,049364

16988294

92,390

3, 3504,150

2,962391

1,6782,3549,534

8,406758181

43, 72514, 594

91

216

92,390

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 409: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY 403

Abstract of reports since October 10, 192J., arranged by States and reserve cities—Continued

NEW YOKK—Continued

BROOKLYN AND BRONX

[In thousands of dollars]

Dec. 31,1924

5 banks

Apr. 6,1925

5 banks

June 30,1925

5 banks

Sept. 28,1925

5 banks

KESOURCES

Loans and discounts (including rediscounts)OverdraftsCustomer's liability account of "acceptances"United States Government securitiesOther bonds, stocks, securities, etc...B anking house, furniture, and fixturesOther real estate ownedLawful reserve with Federal reserve bank.__.Items with Federal reserve bank in process of collection..Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

panies _ _Exchanges for clearing houseChecks on other banks in the same placeOutside checks and other cash items__Redemption fund and due from United States Treasurer.Other assets

Total

LIABILITIES

Capital stock paid inSurplus fund _All other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstandingAmount due to national banksAmount due to State banks, bankers, and trust com-

paniesCertified checks outstanding. __ _.Cashier's checks outstandingDemand depositsTime deposits (including postal savings deposits)United States depositsBills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscountedLetters of credit and travelers' checks sold for cash and

outstanding _Acceptances executed for customers, etcAcceptances executed by other banks for account of

this bank _..Liabilities other than those ajDove stated

Total "

35,2435

936,4648,159

529171

4,5301,3792,200

4261,433

13469453

196

61, 709

2,2002,2001,745

601,040

111

5,238558499

41,5485,111

680

40061

10

63155

34, 9959

1336,6488,325

525396

4,2221,2052,170

2771,02116375343179

61, 064

2,2002,2001,843

96849113

6,026483264

39,3515,314813

1,12086

103165

34,66010326

5,9048,845511396

4,3431,3492,049

2731,14846518843237

60, 747

2,2002,2001,733

54841191

4,445630916

39,8955,582468

977

18

233223

36,1709

1365,9288,773518400

4,560981

1,748

367'67631618142155

2,2002,2001,832192841256

4,064499371

40,6745,838478

1,10045

25134

2

209

61,709 61,064 60,747 60,960

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 410: Annual Report of the Comptroller of the Currency 1925

404 REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10, 1924, arranged by States and reserve cities-Continued

NEW YOKK—Continued

BUFFALO

[In thousands of dollars]

Dec. 31,1924

5 banks

Apr. 6,1925

4 banks

June 30,1925

4 banks

Sept. 28,1925

4 banks

KESOURCES

Loans and discounts (including rediscounts).OverdraftsCustomer's liability account of "acceptances"United States Government securitiesOther bonds, stocks, securities, etcBanking house, furniture, and fixtures _.Other real estate owned _.Lawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust

companiesExchanges for clearing houseChecks on other banks in the same placeOutside checks and other cash items.Redemption fund and due from United States Treasurer.Other assets _ _

Total.

LIABILITIES

Capital stock paid in ,Surplus fund _All other undivided profits, less expenses and taxes paid-Reserved for taxes, interest, etc., accruedNational-bank notes outstandingAmount due to national banks ___Amount due to State banks, bankers, and trust com-

panies _Certified checks outstanding _.Cashier's checks outstanding _ _ _.Demand deposits.Time deposits (including postal savings deposits)United States depositsUnited States Government securities borrowedBills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscountedAcceptances executed for customers, etcAcceptances executed by other banks for account of

this bank.._ _Liabilities other than those above stated

34,899258

13,0819,2301,376

414,0491,7603,732

1,7411,092

3238115566

71,983

2,9501,8501,104182

2,2592,275

2,991231291

31, 73823,912

588200

1,345

54

36, 734381

13, 40310,9851,374

553,9441,5963,242

1,3898568

247115583

74, 615

2,9501,8501,136170

2,2492,522

2,390

31, 47026,497

610

2,480

76

515

42,007396

12, 04710, 3861,372

553,8862,0543,583

1,49887733

5,298115

83, 908

2,9501,9501,092188

2,2091,923

1,886114197

41, 92427, 743

282

1,3123791

55

41, 486241

12, 36912,0681,376135

4,1391,7573,457

1,3748225

233115349

79, 728

2,9501,9501,290198

2,2682,406

2,54595

13734, 26427,833

736

2,97819

1118

Total. 71t983 74,015 79, 728

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 411: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OP THE CURRENCY 405

Abstract of reports since October 10, 1924, arranged by States and reserve cities—Continued

NEW YOBK—Continued

NEW YORK CITY

[In thousands of dollars]

Dec. 31,1924

35 banks

Apr. 6,1925

35 banks

June 30,1925

33 banks

Sept. 28,1925

32 banks

RESOURCES

Loand and discounts (including rediscounts)OverdraftsCustomer's liability account of " acceptances"__:United States Government securitiesOther bonds, stocks, securities, etc.. _Banking house, furniture, and fixturesOther real estate owned _Lawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

panies___ _ "_Exchanges for clearing houseChecks on other banks in the same place _Outside checks and other cash items. _Redemption fund and due from United States TreasurerOther assets _ _

Total.

LIABILITIES

Capital stock paid inSurplus fund _All other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstandingAmount due to national banks _Amount due to State banks, bankers, and trust corn-

Certified checks outstanding---Cashier's checks outstanding-Demand deposits _Time deposits (including postal savings deposits)United States depositsUnited States Government securities borrowedAgreements to repurchase United States Government

or other securities sold _Bills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscountedLetters of credit and travelers' checks sold for cash and

outstandingAcceptances executed for customers, etcAcceptances executed by other banks for account of this

bank ,Liabilities other than those above stated

2,126,818290

137,740547,439409.15237,373

472384,46488,30849,687

18,162699.15336,2699,2262,034

134,985

2,035,020791

139,474523,437426,47337,981

135307,43172,34946,375

13,765454, 71730,1607,8081,385

142,883

2,084,305497

107,075531,679418,50841,325

430334,03487,04142,395

19,016742,75337,4437,8561,445

137,822

4,681,572 4,240,184 4,593,624

167,750228,29094,45013,51039,884296,266

653,492150,411254,467

2,181,010325,12917,214

181,750236,297102,16610,87926,902315,020

541,924160,10099, 555

1,875,221342,80636,117

970

Total.

41,85161,480

2,350129,312

15,3168,395

4,681,572

78,24366,616

2,559129,060

19,67814,321

4,240,184

180,350236,125107,41015,09028,180266, 508

612,644182,487216,411

2,143, 348325, 5779,888970

259

66,64262,773

4,52795,824

20,65317,958

4,593,624

2,195,431573

123,595511,657403,34541,756

214338,06975,23042,149

16,561526,56924,4295,1911,450

125,036

4,431,255

182,850239,675113,80216,30728,570289,399

510,729211,293108,509

2,024,512318,57637,1581,535

150

117,65071,680

3,570114,233

19,44921,608

4,431,255

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 412: Annual Report of the Comptroller of the Currency 1925

406 REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10', 192j., arranged by States and reserve cities-—Continued

NORTH CAROLINA

[In thousands of dollars]

Dec. 31,1924

84 banks

Apr. 6,1925

84 banks

June 30,1925

83 banks

Sept. 28,1925

82 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts.Customer's liability account of "acceptances"United States Government securitiesOther bonds, stocks, securities, etcBanking house, furniture, and fixturesOther real estate owned.._Lawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection..Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust

companies _.Exchanges for clearing houseChecks on other banks in the same p lace_Outside checks and other cash itemsRedemption fund and due from United States TreasurerOther assets. .._

Total..

LIABILITIES

Capital stock paid in... _Surplus fund _All other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational bank notes outstanding __ __Due to Federal reserve banks _. ___,.Amount due to national banks _Amount due to State banks, bankers, and trust

companies... _ _Certified checks outstandingCashier's checks outstanding.Demand deposits..Time deposits (including postal savings deposits)United States depositsUnited States Government securities borrowedBonds and securities, other than United States, bor-

rowedBills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscountedAcceptances executed for customers, etcAcceptances executed by other banks for account of this

bank _. _Liabilities other than those above stated

124,42397

2,21415,2304,6687,936553

8,0582,62516,352

6,307681943622506182

191,397

Total-.

13, 5958,6143,169962

9,5893, 3943, 965

10,767114

1,51469,28255,691

819— 926

184

1,9504,4521,514

700196

191,397

128, 717125

2,17416,4274,4348,131755

6,4272,61514, 380

5,742

64849636

129,806111844

15,3904,0628,294857

6,5731,75513,145

4,156535766612493313

192, 419 187, 712

14,0668,6723,553797

9,5232,5064,057

9,702307943

67,84855,241

775671

505

2,5018,3501,674

500

192,419

14,0658,8263,491692

9,4901,7243,568

7,442~W846

63,30452,777

-—604721

305

5,50212,809

844

219

187,712

132,066222668

15,5224,1168,406

8957,4523,389

16,521

7,138411832753462252

199,105

14,1858,9593,920743

9,5323,1144,757

11,986464820

67,99654,090

750

130

4,75311,038

368

300216

199,105

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 413: Annual Report of the Comptroller of the Currency 1925

REPOBT OF THE COMPTROLLER OF THE CUBBENCY 407

Abstract of reports since October 10, 192%y arranged by States and reserve cities—Continued

NORTH DAKOTA

[In thousands of dollars]

Dec. 31,1924

165 banks

Apr. 6,1925

161 banks

June 30,1925

160 banks

Sept. 28,1925

158 banks

RESOURCES

Loans and discounts (including rediscounts)--Overdrafts _United States Government securities _Other bonds, stocks, securities, etc ___Banking house, furniture, and fixtures--Other real estate ownedLawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection-Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

panies ___Exchanges for clearing houseChecks on other banks in the same placeOutside checks and other cash itemsRedemption fund and due from United States TreasurerOther assets

Total

LIABILITIES

Capital stock paid in _Surplus fund . .All other undivided profits, less expenses and taxes paidReserved for taxes, interest, etc., accruedNational-bank notes outstandingDue to Federal reserve banksAmount due to national banksAmount due to State banks, bankers, and trust com-

panies _ _Certified checks outstanding ACashier's checks outstandingDemand deposits. _Time deposits (including postal savings deposits)United States deposits. _• .United States Government securities borrowedBills payable (including all obligations representing

money borrowed other than rediscounts).Notes and bills rediscountedLiabilities other than those above stated

Total - —

53,15879

13, 6389, 5572,9883,0464,784

11521,674

1,87231093

231225331

112,101

6,5903,163

92764

4,4689

3,450

6,83163

79641,03943,665

21465

39535210

112,101

53,30985

15,80511, 5782,9433,3564,524

15112,692

1,12929055

220219378

106, 734

6,4903,019

65426

4,337

1,930

4,32382

73638,98745,274

20764

23935016

106, 734

52, 22390

14,10611,4232,938

3,988104

9,388

94825642172217372

99,666

6,4402,92268620

4,319

1,342

3,248129597

34,19244,626

21164

31853913

53, 519193

13,54012,2002,9423,3344,496156

12,196

1,584284121268214607

105,654

2,93269017

4,192

1,717

3,66586

77139,54044,656

155

322503

18

105,654

67746°— 26f- -27

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 414: Annual Report of the Comptroller of the Currency 1925

408 REPORT OF THE COMPTROLLER OF THE CURBE2S"CY

Abstract of reports since October 10, 1984., arranged by States and reserve cities—Continued

OHIO

{In thousands of dollars]

Dec. 31,1924

340 banks

Apr. 6,1925

339 banks

June 30,1925

338 banks -

Sept. 28,1925

336 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts '_..Customer's liability account of "acceptances" _United States Government securitiesOther bonds, stocks, securities, etcBanking house, furniture, and fixturesOther real estate ownedLawful reserve with Federal reserve bank _._.Items with Federal reserve bank in process of collection-Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

panies __. -- --Exchanges for clearing house -Checks on other banks in the same placeOutside checks and other cash itemsRedemption fund and due from United States TreasurerOther assets

Total.

LIABILITIES

Capital stock paid in »Surplus fundAll other undivided profits, less expenses and taxes paid.Beserved for taxes, interest, etc., accruedNational-bank notes outstandingDue to Federal reserve banksAmount due to national banks.--Amount due to State banks, bankers, and trust corn-

Certified checks outstandingCashier's checks outstanding __Demand depositsTime deposits (including postal savings deposits)United States depositsUnited States Government securities borrowed.—Bonds and securities, other than United States, borrowedAgreements to repurchase United States Government

or other securities soldBills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscountedLetters of credit and travelers' checks sold for cash and

outstandingAcceptances executed for customers, etcAcceptances executed by other banks for account of this

bankLiabilities other than those above stated

280,64527750

56, 23192, 59918,5242,962

21, 9641,661

35,821

9, 4932,2141,333844

1,4891,013

323

55,67291, 91119, 8472,95821,6431, 791

31,891

9,8341,8 51,209699

1,428946

287, 75431315

54,10790,47721,7213,08722,1041,518

35,468

10,1691,8551, 029

7901, 4211,176

326

55,22491,26121,8793,168

22, 1111,361

36,876

10,3101,606896729

1,4221,061

527,120 530,248 533, 004 541, 310

39,18527, €8913, 726

43729,758

5541,203

6,897680

3,072218, 750169, 6581,2792,838

156

39,18027, 78215, 258

484

6591,262

7,273726

1,243222,196170, 6801,5902,610206

27,43214,248

43328,044

7501,022

6,8743, 516

1550

5,9404,493

22

Total.

783

527,120

357

530, 248

6401,385

227,723172, 245

8202,629242

32

6,0403,439

2312

3299

533,004

38,81537, .49115,664

47228,106

5671,708

7,113918

1,096231,579173,8201,2972,550244

6,4673,065

14

321

541,310

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 415: Annual Report of the Comptroller of the Currency 1925

KSPOBT OP THE COMPTROLLER OF THE CURRENCY 409

Abstract of reports since October 10, 1924, arranged by States and reserve cities—Continued

OHIO—Continued

CINCINNATI

[In thousands of dollars]

Dec. 31,1924

7 banks

Apr. 6,1925

7 banks

June 30,1925

7 banks

Sept. 28,1925

7 banks

RESOURCES

Loans and discounts (including rediscounts) _ _.OverdraftsCustomer's liability account of "acceptances".United States Government securitiesOther bonds, stocks, securities, etc _.Banking house, furniture, and fixtures .Other real estate ownedLawful reserve with Federal reserve bank.Items with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

panies _Exchanges for clearing houseChecks on other banks in the same place. _Outside checks and other cash itemsRedemption fund and due from United States Treasurer.Other assets „ _

Total.

LIABILITIES

Capital stock paid in „ „_.Surplus fundAll other undivided profits, less expenses and taxes paid]Reserved for taxes, interest, etc., accruedNational-bank" notes outstanding..Amount due to national banksAmount due to State banks, bankers, and" trust com-

paniesCertified checks outstanding II]Cashier's checks outstanding.Demand depositsTime deposits (including postal savings deposits)United States depositsUnited States Government securities borrowed _ . . .Bills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscountedLetters of credit and travelers' checks sold for cash and

outstandingAcceptances executed for customers, etcLiabilities other than those above stated _

77,838984

21,00920, 3563, 334101

8,61710, 54614, 248

2, 8582,984213228386237

163, 148

13,1006,9505, 593

3527, 694

14,162

18, 3172. 0571,568

60, 65621, 2672,3053, 256

3501,397

Total-

1683,956

163,148

80,751

5620, 85720, 2723,547

948, 5179,6348,588

2,9692, 491363164291240

80,823286

19,94721, 6633, 564

937,9949,7408,480

2, 6523,221218179292219

158, 839 159,173

13,1006,9506,248263

5,81714, 623

17, 782503

1, 25160, 60323, 7213, 480 !1, 863

9551,562

19027

158,839

13,1006,9505,723

4535,821

14,292

18, 692600

1,19662,97824,800

7981,073

2,300203

86100

159,173

19, 22020, 6853,542

938,9389,9167,825

2, 3572, 536

77177292363

164, 293

13,1006,9506,386

4995581014,098

17,110447869

65,00225,0351,6031,973

2,6951, 672

12321

164, 293

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 416: Annual Report of the Comptroller of the Currency 1925

410 REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10, 192%, arranged by States and reserve cities-Continued

OHIO—Continued

CLEVELAND

[In thousands of dollars]

Dec. 31,1924

3 banks

Apr. 6,1925

3 banks

June 30,1925

3 banks

Sept. 28,1925

3 banks

RESOURCES

Loans and discounts (including rediscounts) __Overdrafts.. _.C ustomer' s liability account of'' acceptances "United States Government securitiesOther bonds, stocks, securities, e t c . .B anking house, furniture, and fixtures. _Other real estate owned, . .Lawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection..Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

paniesExchanges for clearinghouseChecks on other banks in the same placeOutside checks and other cash itemsRedemption fund and due from United States Treasurer.Other a'ssets „.__•

58,68315

1,61415, 72215,3971,541

.64,89017

1,65918,05615,8821,548

63,23545

1,68716,12816,3731,554

Total-

Capital stock paid in ,Surplus fundAll other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accrued _.National-bank notes outstandingAmount due to national banks _.Amount due to State banks, bankers, and trust com-

paniesCertified checks outstandingCashier's checks outstandingDemand deposits-Time deposits (including postal-savings deposits).United States deposits. __United States Government securities borrowed.._Bonds and securities, other than United States, bor-

rowedBills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscountedLetters of credit and travelers' checks sold for cash and

outstandingAcceptances executed for customers, etcAcceptances executed by other banks for account of this

bankLiabilities other than those above stated

3,6612,2553,418

1,4661,594

195

2301,036

4,5931,905

1,1311,060

4,3492,6714,056

1,1962,318

469180

1,194

330180929

106,728 116, 427 115, 051

Total-

4,8003,0251,571565

4,5841,669

4,42162

2,47328,15237,4354,1593,335

125

2,3506,161

121,654

29146

106,728

4,8003,0251,650775

3, 5391,691

4,760

33,37341,8957,5162,436

125

4,8003,0401,639460

3,4872,023

5,485155469

35, 60545, 2433,7581,920

125

7,780

111,679

87191

116,427

4,800

31,804

42193

115,051

71,38774

1,71419,87912, 9541,595

384,6422,4913,881

1,157861

318180882

122, 053

4,8003,0401,769863

3,5321,954

4,705214335

38,52245,2755,2012,760

125

6,945

31,789

48173

122,053

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 417: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OP THE CURRENCY 411

Abstract of reports since October 10, 1924, arranged by States and reserve cities-—Continued

OHIO—Continued

COLUMBUS

[In thousands of dollars]

Dec. 31,1924

7 banks

April 6,1925

7 banks

June 30,1925

7 banks

Sept. 28,1925

7 banks

RESOURCES

Loans and discounts (including rediscounts).-OverdraftsCustomer's liability account of "acceptances"United States Government securitiesOther bonds, stocks, securities, etcBanking house, furniture, and fixtures:Other real estate ownedLawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection..Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

paniesExchanges for clearing houseChecks on other banks in the same place _.Outside checks and other cash items-Redemption fund and due from United States Treasurer.Other assets

Total _

LIABILITIES

Capital Stock paid inSurplus fundAll other undivided profits, less expenses and taxes paidReserved for taxes, interest, etc., accruedNational-bank notes outstandingDue to Federal reserve banksAmount due to national banksAmount due to State banks, bankers, and trust com-

paniesCertified checks outstanding .Cashier's checks outstandingDemand depositsTime deposits (including postal savings deposits)United States deposits :_United States Government securities borrowedBills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscountedAcceptances executed for customers, etcLiabilities other than those above s ta ted--

47,62615

3457,6579, 637.3,060

6526,271

8176,240

2,5361,618

227129166

50,4717

50010,10710, 7453,185

6525,8821,0236,211

2,1321,172

18910215015

86,996 | 92,543

4,7005,1751, 445

1213, 317

1763,646

6,867826

2,32542, 70410, 6661,4691,129

8191,266

345

Total _

4,7005,1751, 597

1182,994

1882,901

6,994206387

46, 61614, 6711,947

755

1,4501,334

510

50,8845

6307,7949,9273,991

2455,7711,7056,488

2,5811,164

108211150701

92,355

5,0005,6501,649117

2,992561

3,973

6,438117331

45,99614, 285

799

7001,826631701

92, 543 92, 355

55,9949

4287,72810, 5504,033252

5,9691,8156,281

2,72780451148150593

97, 532

5,0005,6501,873103

2,972699

3,921

7,472182217

46, 36316,8902,130624

1, 591824428593

97, 532

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 418: Annual Report of the Comptroller of the Currency 1925

412 REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10, 1924, arranged by States and reserve cities—Continued

OHIO—C ontinued

TOLEDO

[In thousands of dollars]

BESOURCES

Loans and discounts (including rediscounts)United States Government securitiesOther bonds, stocks, securities, etcB anking house, furniture, and fixturesOther real estate owned..Lawful reserve with Federal reser ve bankItems with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

panies _ _.Exchanges for clearing houseOutside checks and other cash items _Redemption fund and due from United States Treasurer.Other assets

Total _

LIABILITIESCapital stock paid in _Surplus fund __.All other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstandingDue to Federal reserve banksAmount due to national banksAmount due to State banks, bankers, and trust com-

paniesCertified checks outstandingCashier's checks outstanding _..Demand depositsTime deposits (including postal savings deposits)United States depositsBills payable (including all obligations representing

money borrowed other than rediscounts)Liabilities other than those above stated

Total.

Dec. 31,1924

l b a n k

5,1923,1592,444

403

545361952

108172232513

13,397

5001,000

56077

488381114

61856

4313,6063,872

1,595

13, 397

Apr. 6,1925

1 bank

5,4313,6002, 568

483

87290

821

93172

82518

14,181

5001,000

53983

492329

9252

233,5305,214

642

8003

14,181

June 30,1925

1 bank

5,5563,6001,850

576535715

247203

192519

13,784

5001,000

58625

482550114

7231

164,6394,391

105

6502

13, 784

Sept. 28,^ 1 9 2 5

l b a n k

6,4743,6001,925

43922

619204628

12688172529

14,196

5001,000

62255

48220730

4522

134,4185,819

500

14,196

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 419: Annual Report of the Comptroller of the Currency 1925

BEPOBT OF THE COMPTROLLER OF THE CUBKEKCY 413

Abntract of reports since October 10, 192.^ arranged by States and reserve cities—Continued

OKLAHOMA

[In thousands of dollars]

Dec. 31,1924

390 banks

Apr. 6,1925

384 banks

June 30,1925

376 banks

Sept.. 28,1925

369 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts ---Customer's liability account of"acceptances"United States Government securitiesOther bonds, stocks, securities, etc _Banking house, furniture, and fixtures _ .__Other real estate ownedLawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection-Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

panies _Exchanges for clearing houseChecks on other banks in the same placeOutside checks and othor cash itemsRedemption fund and due from United States TreasurerOther assets—. _.

Total .

LIABILITIES

Capital stock paid in _Surplus fund. _ __.All other undivided profits, less expenses and taxes paid.Eeserved for taxes, interest, etc., accrued ___National-bank notes outstanding...Due to Federal reserve banks . . . .Anaountdue to national banksAmount due to State banks, bankers, and trust com-

paniesCertified cheeks outstandingCashier's checfes outstanding.Demand deposits •_Time deposits (includiag postal savings deposits)..United States depositsUnited States Government securities borrowedBonds and securities, other than United States, bor-

rowed.Agreements to repurchase United States Government

or other securities sold.

99,947407

103,271507

106,420

22,85520, 731

7,1813, 273

13,059303

68,456

3,118640

1,166507377661

.26, 70120,212

7,2093,300

12,127226

52,785

3,448374741414344352

27,09519,156«9653,203

11,766256

43, 991

805674297339300

242,681 232,011 224,246

17, 5954, 747

664405

7,41990

9,321

7,35332

7,582148,19037,279

354284

367

17,4504,6922,057

2336,835

4727,436

4, 75169

2,902141,40841,905

343238

1S1

16, 8554,5551,622

1516,726

335,616

4,207150

3,001135, 59641,021

266208

177

Bills payable (including all .obligations representingmoney borrowed other than rediscounts)

Notes and bills rediscountedLetters of credit and travelers' checks sold for cash and

outstandingAcceptances executed for customers, etc _.Liabilities other than those above stated

Total _

158544

663

228

242, 681

314694

58

68

232,011

7522,336

224,246

109,352575

229,11019,6697,0143,138

ll i 593224

37,594

2,759304784383330

222,617

16,5954,4751,961

836,516

215,791

4,27271

2,391135,13540,640

3822S4

165

23

1, 3392,419

7245

222, 617

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 420: Annual Report of the Comptroller of the Currency 1925

414 REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10, 1924, arranged by States and reserve cities-Continued

OKLAHOMA—Continued

MUSKOGEE

[In thousands of dollars]

Dec. 31,1924

3 banks

Apr. 6,1925

3 banks

June 30,1925

3 banks

Sept. 28,1925

3 banks

RESOURCES

Loans and discounts (including rediscounts)__Overdrafts __.-United States Government securitiesOther bonds, stocks, securities, etcBanking house, furniture, and fixturesOther real estate owned _.Lawful reserve with Federal reserve bank_Items with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

panies _„_ _Exchanges for clearinghouse..Checks on other banks in the same placeOutside checks and other cash itemsRedemption fund and due from United States TreasurerOther assets....

Total.

LIABILITIES

Capital stock paid in _.Surplus fund TAll other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstanding _Amount due to national banksAmount due to State banks, bankers, and trust com-

panies _ _Certified checks outstandingCashier's checks outstandingDemand deposits _Time deposits (including postal savings deposits)United States depositsBills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscountedLetters of credit and travelers' checks sold for cash and

outstanding

Total-

8,7744

2,955

272943165

2,503

209158

17,061

950300

4136

8422,562

92416

6496,5084,098

134

17,061

8,669

2,922614382310829138

1,270

113

15,624

9503029220771

1,755

50518

4635,9514,450127

220

15,624

8,3757

2,849579393300663289

1,518

146812153

15, 317

950305528

7711,658

45814357

5,5454,470114

614

1

15,317

122,856555393299765188

1,566

26864396337184

15,925

9503051164

7501,675

55814243

4,247125

185653

15,925

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 421: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY 415

Abstract of reports since October 10, 192J., arranged by States and reserve cities—Continued

OKLAHOMA—Continued

OKLAHOMA CITY

[In thousands of dollars]

Dec. 31,1924

8 banks

Apr. 6,1925

8 banks

June 30,1925

8 banks

Sept. 28,1925

8 banks

RESOURCES

Loans and discounts (including rediscounts)OverdraftsUnited States Government securitiesOther bonds, stocks, securities, etcBanking house, furniture, and fixturesOther real estate owned. _Lawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection..Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

panies...Exchanges for clearing houseChecks on other banks in the same placeOutside checks and other cash itemsRedemption fund and due from United States Treas-

urer __ _Other assets

34,13816

5,8106,9772,0871,0713,4726,905

22,367

3,1061,210

51,412

30

Total _

LIABILITIES

Capital stock paid in' Surplus fund.__ 1

All other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstanding __Amount due to national banks _Amount due to State banks, bankers, and trust com-

panies _Certified checks oustanding. .Cashier's checks outstanding.Demand depositsTime deposits (including postal savings deposits)United States depositsBonds and seeuries, other than United States, borrowed.Bills payable (including all obligations representing. money borrowed other than rediscounts)

Letters of credit and travelers' checks sold for cash andoutstanding. „___'

Liabilities other than those above stated ,

4,3501,145

13070

59128,147

7,80019

3,66827,61514,407

444208

12

33,90923

8, 3658,2482,1471,2633,7824,820

11,155

2,745870

7786

15

35,14433

9,3435,5202,674

6644,1945,202

1,8131,333

12321

1511

78,135 75,148

i4,3501,155

35071

30017,798

5,22824

1,22331, 50115,293

619

15

Total . 78,135

4,6001,105

156164295

14,084

4,42344

1,50032,65715,395

490

75,148

32,11083

9,6016,6512,673706

3,7724,5957,390

1,12292710804

151

70,460

4,6001,105323179300

10,703

3,93940816

34,90512,890

18

425

70,460

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 422: Annual Report of the Comptroller of the Currency 1925

416 BEPOBT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10, 1924-, arranged by States and reserve cities—Continued

OKLAHOMA—Continued

TULSA

[In thousands of dollars]

Dec. 31,1924

6 banks

Apr. 6,1925

6 banks

June 30,1925

6 banks

Sept. 28,1925

6 banks

BESOURCE3

Loans and discounts (including rediscounts)Overdrafts ...United States Government securities.Other bonds, stocks, securities, etcBanking house, furniture, and fixturesOther real Estate owned— _..Lawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

panies...-.._.._ .....Exchanges for clearing house.. ,Checks on other banks in the same placeOutside checks and other cash itemsIfcedemptioin fund and due from United States Treas-

urer —

Total.

LIABILITIES

Capital stock paid in _._Surplus fund -All other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accrued .National-bank notes outstanding _Amount due to national banksAmount due to State banks, bankers, and trust com-

panies ,Certified checks outstanding-.Cashier's cheeks outstanding ;Demand deposits _Time deposits {including postal savings deposits)United States deposits--Letters of credit and travelers' checks sold for cash and

outstanding _ , __.

263,4393f4014,145

7074,388

82311, 518

3,2371,102

67346

37

77, 228

4,9501,310

16437

73812, 379

7,81242

4,77832, 70812,178

132

Total.

46,91185

5,3883,2744,431

6385,503

92011, 031

2,99993755

37

82, 898

4,9501,310

21935

73512,443

2,69152

1,00045,69213, 529

242

77,228

48,65116

6,9372,9634,497

3605,8421,172

11, 741

4,310935

51146

37

87, 658

4,9501,310

42335

73311,172

3,74895

80650,54913,659

177

55,82636

7.1582, £424,729

3687,217

9548,776

3,84291063SO

37

92, 943

4,9501, 310

546106749

9,590

3,28751

706§7,06614,477

101

$7,858 92,943

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 423: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY 417

Abstract of reports since October 10, 19&4-, arranged by States and reserve cities—ContinuedOREGON

[In thousands of dollars]

Dec. 31,1924

93 banks

Apr. 6,1925

93 banks

June 30,1925

93 banks

Sept. 28,1925

93 banks

RESOURCES

Loans and discounts (including rediscounts)OverdraftsCustomer's liability account of '' acceptances "United States Government securitiesOther bonds, stocks, securities, etcBanking house, furniture, and fixturesOther real estate owned _.Lawfu 1 reserve with Federal reserve bank.__Items with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust

companiesExchanges for clearing houseChecks on other banks in the same place. _Outside checks and other cash itemsRedemption fund and due from United States

TreasurerOther assets __.

Total-

LIABILITIES

Capital stock paid inSurplus fund.All other undivided profits, less expenses and taxes

paidReserved for taxes, interest, etc., accrued.. _ _.National-bank notes outstanding. _Amount due to national banksAmount due to State banks, bankers, and trust com-

paniesCertified checks outstandingCashier's checks outstandingDemand deposits .„»Time deposits (including postal savings deposits)._United States deposits.Bills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscounted—Letters of credit and travelers' checks sold for cash and

outstanding ___Acceptances executed for customers, etcAcceptances executed by other banks for account of this

bank. __ ILiabilities other than those above stated

42,9985610

9,84011,0783,2501,3114,065

239,471

. 1,51964200157

194

84, 304

6,4203,206

1033,591

1,15059598

44,59322,659

45

211308

110

43,614768

9,74311, 4873,3121,2763,934

399,231

1,30197243166

16467

84, 758

6,4203,225

949182

3,289

75175

66244,10322,535

90

1,0591,057

45,141903

9,60110, 7563,3961,2624,064

248,779

1,60672195155

16675

85, 385

6,4203,253

990115

3,189437

758117578

44,15222,826

109

8291,582

13

45,67914866

9,71311,6793,4281,233X 2 3 8

4010,241

1,346118234150

15675

88, 542

Total.. 84,304 84,758 85, 385

6,420

1,383104

3,099

1,30570526

47,07723,089

110

502

137

4023

88, 542

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 424: Annual Report of the Comptroller of the Currency 1925

418 REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10, 1924, arranged by States and reserve cities—Continued

OREGON—Continued

PORTLAND

[In thousands of dollars]

Dec. 31,1924

5 banks

Apr. 6,1925

6 banks

June 30,1925

6 banks

Sept. 28,1925

6 banks

RESOURCES

Loans and discounts (including rediscounts) __OverdraftsCustomer's liability account of "acceptances"United States Government securitiesOther bonds, stocks, securities, etcBanking house, furniture, and fixturesOther real estate ownedLawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection.Cash in vault and amount due from nationaj banks

, Amount due from State banks, bankers, and trust com-panies __„

Exchanges for clearing house.Checks on other banks in the same placeOutside checks and other cashitemsRedemption fund and due from United States TreasurerOther assets ._

Total .

LIABILITIES

. Capital stock paid in -Surplus fund . .All other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstandingAmount due to national banksAmount due to State banks, bankers, and trust com-

paniesCertified checks outstanding .__Cashier's checks outstandingDemand deposits. . . _.Time deposits (including postal savings deposits)United States depositsBills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscountedLetters of credit and travelers' checks sold for cash and

outstanding _Acceptances executed for customers, etcAcceptances executed by other banks for account of this

bank „ _Liabilities other than those above stated _.

Total .

46, 76525

28319,60713,1032,897

2846,0602,0148,813

5,2493,333

18424811

141

109,017

2,5001,419

136160

6,623

6,506148

2,09543, 71938,307

150

47,6306460

20, 55513, 6334,491237

5,3772,1956,737

3,6242,2862062896

381

45,1056540

20,22614, 9974,589234

5,2843,2786,595

3, 7852,358

553598

778

107,771 107, 756

2,5531,333239110

6,417

• &497209

1,19941,96538,602

87

7,0002,5531,460149160

5,399

6,534302720

42,96340,286

152

9278

1,50028

109,017 107,771

13

107,756

63,25047525

22,70015, 5804,695266

5,9332,81411,329

6,0252,449

393978

952

137,009

7,6002,5541,900509160

7,364

2931,300

53,96049,185

142

1,125622

51576

137,009

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 425: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY 419

Abstract of reports since October 10, 192J., arranged by States and reserve cities-Continued

PENNSYLVANIA

[In thousands of dollars]

Dec. 31,! 1924

EESOURCES

Loans and discounts (including rediscounts)OverdraftsCustomer's liability account of ''acceptances".__United States Government securitiesOther bonds, stocks, securities, etc... _B anking house, furniture, and fixtures „Other real estate ownedLawful reserve with Federal reserve bank _Items with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

panies _Exchanges for clearing houseChecks on other banks in the same placeOutside checks and other cash itemsEedemption fund and due from .United State Treas-

urerOther assets _

Total.

LIABILITIES

Capital stock paid in.. „..._«,.„Surplus fundAll other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational bank notes outstandingDue to Federal reserve banksAmount due to national banksAmount due to State banks, bankers, and trust com-

panies _Certified checks outstanding ^Cashier's checks outstanding _•_Demand depositsTime deposits (including postal savings deposits)United States depositsUnited States Government securities borrowedBonds and securities, other than United States, bor-

rowedAgreements to repurchase United States Government

or other securities soldBills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscountedLetters of credit and travelers' checks sold for cash and

outstanding _Acceptances executed for customers, etcAcceptances executed by other banks for account of this

bankLiabilities other than those above stated

Total.

822 banks

702,047241695

178,840450,076

45, 229•6.13159, 9884,853

100,129

7,7603,7551,7071,831

3,3141,172

1, 567, 768

84,409116, 65240,3632,59365,1262,3322,813

1,0883,551

470, 878738. 8994,187525

19,3064,964

21N 262

457744

1,567,768

Apr. 6,1925

820 banks

719,914289697

178, 212452,46945,8786,15559,4085,391

6.9062,7791,5451,503

3. 2121, 937

1, 584,194

84,809117,47046,1953,020

62, 2642,4002,477

8,5531,4013,710

462,346757, 085

8,394421

17,7914,337

47245

477752

1,584,194

June 30,1925

821 banks

739,368257553

170,947455,40247,163

60, 7935,353

89,115

5,9413,5961,6891,881

3,1751,939

Sept. 28,1925

822 banks

85,484119,98943,328

2,34262,0912,3432,213

9,0051,6733,842

464,008766, 331

3,413377

20,3725,584

55155

701

1,593,711

753,101373739

171,228455,98748,0506,676

58, 7615,404

93,054

5,8412,2781,5351,455

3,1522,248

1,593,711 1,609,882

85,884121,86248,918

2,78662,159

2, 5492,546

8,0411,2603,479

474,926764,355

4,778

348

200

620,0824,136

27331

524685

1,609,882

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 426: Annual Report of the Comptroller of the Currency 1925

420 REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10, 1924, arranged by States and reserve cities—Continued

PENNSYLVANIA—Continued

PHILADELPHIA

[In thousands of dollars]

RESOUKCES

Loans and discounts (including rediscounts)OverdraftsCustomer's liability account of " acceptances "United States Government securitiesOther bonds, stocks, securities, etcBanking house, furniture, and fixturesOther real estate ownedLawful reserve with Federal reserve bank __Items with Federal reserve bank in process of collection..Gash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

panies __Exchanges for clearing houseChecks on other banks in the same placeOutside cheeks and other cash items jRedemption fund and due from United States TreasurerOther assets.... _

Total i

LIABILITIES

Capital stock paid in _Surplus fund ___All other undivided profits, less expenses and taxes paid-Reserved for taxes, interest, etc., accruedNational-bank notes o utstandingD u e to Federal reserve banksAmount due to national banksAmount due to State banks, bankers, and t rus t com-

paniesCertified checks outstandingCashier's checks outstandingDemand depositsT ime deposits (including postal savings deposits)United States deposits .__United States Government securities borrowedBills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscountedLetters of credit and travelers' checks sold for cash and

outstanding _Acceptances executed for customers, e t c . - -Acceptances executed b y other banks for account of this

bankLiabilities other than those above stated-

Total__

Dec. 31,1924

32 banks

455, 79713

17, 4074J8,91G87,13110,996

64551, 78745, 30152,131

14, 21439,9578,9783,376338

6,507

Apr. 6,1925

32 banks

843,488

28,98061, 75515, 5721,598G, 777

33962, 964

134, 7541,5845,756

403, 24076, 202

8, 362122

9,2206,112

5614, 864

3,5331,748

843, 488

467,02322

14, 55955,18492, 08410, 921

76740, 87536,67951, 330

14, 78131,9714, 7581,227339

3,137

825, 657

62,17516, 7941,7556,717247

66,454

119, 3892,0326,744

397, 37975, 28214, 286

122

6,8782,144

12,488

3,8161,890

825, 657

June 30,1925

32 banks

459,92768

11, 02446,50190,98011,001

69653, 49639, 84444,069

16,62534,0859,0684,195

3427,144

829, 065

29, 10563, 28016,174

1,8066,667

20959,845

118, 9631, 7845,739

410, 03376, 9615,875

179

14,3103,154

2358,485

3,6352,626

829,065

Sept. 28,1925

32 banks

492,06419

11, 59540, 64791, 38111,066

77549,95540, 79542, 739

13, 43229,2974, 0781, 549345

6,082

835, 819

29,70a63,65018,0782, 2246,805193

60, 232

108,1581,3607,096

409, 37885,4956,0735-53

16, 2085,598

1119,454

3,5761, 874

835,819

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 427: Annual Report of the Comptroller of the Currency 1925

EEPOBT OF THE COMPTROLLER OF THE CURRENCY 421

Abstract of reports since October 10, 192 j.. arranged by States and reserve cities-—Continued

PENNSYLVANIA—Continued

PITTSBURGH

[In thousands of dollars]

EESOUEGES

Loans and discounts (including rediscounts)OverdraftsCustomer's liability account of "acceptances"United States Government securities.Other bonds, stocks, securities, etcBanking house, furniture, and fixturesOther real estate owned. _ ___Lawful reserve with Federal reserve bank. _Items with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

paniesExchanges for clearing houseChecks on other banks in the same placeOutside checks and other cash items ______Redemption fund and due from United States Treasurer.Other assets.....

Total-

LIABILITIES

Capital stock paid in _ _ . .Surplus fund _•All other undivided profits, less expenses and taxes paid _Reserved for taxes, interest, etc., accrued _National-bank notes outstandingAmount due to national banksAmount due to State banks, bankers, and trust com-

panies __„Certified checks outstandingCashier' checks outstanding._ _.__Demand deposits _Time deposits (including postal savings deposits) _.United States deposits .Bills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscountedLetters of credit and travelers' checks sold for cash and

outstandingAcceptances executed for customers, etcAcceptances executed by other banks for account of this

bank _ _Liabilities other than those above stated

Dec. 31,1924

Apr, 8,1925

14 banks 14 banks

192,32510

702147, 88671,22619, 4981,358

32, 64720, 40222, 040

6,94912, 519

132707

1,1633,041

532, 605

28, 55029,25011,3612,687

22, 539* 67, 508

61,203582

3,615229, 326

58, 0263,806

12, 064425

238702

Total.

723

532, 605

199,2809

969122, 87581,29919, 5391,316

34, 23516, 21023, 290

8,1509,816

77579623

2,666

520, 933

28,55029, 75012, 5992,16312, 24058, 270

59, 265715

2,588235, 528

60,13412,387

3,870824

285792

177796

520, 933

June 30,1925

14 banks

199,7749

1,043119, 55285,79519,530

1,31830, 97522, 82221,690

7, 3159,315

971,028

6323,292

524,187

28, 55029, 75013,423

1,88312, 22551, 718

55,072615

1,697243,169

68,4546,971

6,9101,365

5761,043

766

524,187

Sept. 28,1925

14 banks

205,7157

227114,43096, 04419,5381,586

36,13219, 7392O5 522

8,9015,599

78660670

2,574

532,422

28, 55029, 75013,9392,303

13, 26747,637

56,107628

1,495244,113

70,436

10, 721917

478227

1,465

532,422

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 428: Annual Report of the Comptroller of the Currency 1925

422 REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10, 1924, arranged by States and reserve cities—Continued

RHODE ISLAND

[In thousands of dollars]

Dec. 31,1924

17 banks

Apr. 6,1925

17 banks

June 30,1925

17 banks

Sept. 28,1925

17 banks

BESOURCES

Loans and discounts (including rediscounts)OverdraftsCustomer's liability account of "acceptances"United States Government securitiesOther bonds, stocks, securities, etcBanking house, furniture, and fixturesOther real estate owned.Lawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

paniesExchange for clearing house.Checks on other banks in the same placeOutside checks and other cash itemsRedemption fund and due from United States Treasurer.Other assets .___ _

Total -

LIABILITIES

Capital stock paid inSurplus fund... _.._All other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstandingDue to Federal reserve banks ,Amount due to National banks •- :Amount due to State banks, bankers, and trust com-

paniesCertified checks outstandingCashier's checks outstandingDemand depositsTime deposits (including postal savings deposits)United States depositsBills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscountedLetters of credit and travelers' checks sold for cash and

outstandingAcceptances executed for customers, etcAcceptances executed by other banks for account of

this bank _Liabilities other than those above stated

40,5025

2918,07117, 2571,070

13,314390

5,475

2718013717239160

77,901

6,3205,0904,075358

4,691232

1,695113152

39,37513,932

418

539316

Total,

283

1825

77, 901

40,883

2568,87317,1971,069

13,318420

4,927

20970723

78, 223

6,3205,0904,305377

4,710111307

1,944350345

14,411542

514289

3260

78, 223

41, 633366

9,96117, 2191,069

13,278495

4,175

1677642734259150

79, 301

6,3205,3404,117389

5,10139164

1,801214332

39, 25315,027

329

405367

861

79,301

45,66810152

9,16415,9311,070

103,377530

4,117

1686032215264114

81,215

6,3205,3404,519365

5,165170210

1,320219159

41,01215,585

80224

5839

81,215

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 429: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OP THE CURRENCY 423

Abstract of reports since October 10, 1924, arranged by States and reserve cities—Continued

SOUTH CAROLINA

[In thousands of dollars]

RESOURCES

Loans and discounts (including rediscounts)Overdrafts __Customer's liability account of " acceptances "United States Government securitiesOther bonds, stocks, securities, etc - . . . _Banking house, furniture, and fixturesOther real estate owned __Lawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection..Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust

companiesExchanges for clearing houseChecks on other banks in the same placeOutside checks and other cash itemsRedemption fund and due from United States Treasurer.Other assets

Total.

LIABILITIES

Capital stock paid inSurplusfund _All other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstanding _Due to Federal reserve banksAmount due to national banks _._Amount due to State banks, bankers, and trust com-

panies ...Certified checks outstanding _.Cashier's checks outstandingDemand deposits .Time deposits (including postal savings deposits)United States depositsUnited States Government securities borrowedBonds and securities, other than United States, bor-

rowedBills payable (including all obligations representing

money borrowed other than rediscounts).__Notes and bills rediscountedAcceptances executed for customers, etc.Acceptances executed by other banks for account of this

bankLiabilities other than those above stated

Total.

Dec. 31,1924

79 banks

82,82169

1,75511, 9487,6704,2391,8935,291782

11,870

5,6711,037

436419363

2,670

Apr. 6,1925

74 banks

138,934

11, 5305,4341,361435

7,2271,0463,023

5,607104

1,18740, 05955,039

52593

1,5632,3031,755

643

138,934

81,64181

1,67011,1516,7834,5321,8364,7391,25711,016

4,461886361286337

1,804

132,841

11,1755,4082,129272

6, 5941,3032,468

4,995143442

37,00654, 2041,294

87

8762,2451,670

132,841

June 30,1925

75 banks

80,84265

50811,3786,9144,7231,9354,469

77910,173

3,963675334264335

2,156

129, 513

11, 2305,4461,770

3296,461

5002,172

4,619-229603

34, 611.55,363

701

1,2043,082

508

75514

129, 513

Sept. 28,1925

76 banks

80,837208

2,79811,8887,9554,8302,0715,0231,321

11,879

4,415802389417349

2,453

137, 635

11,2945,4572,112326

6,7601,4213,647

5,571232446

36,06255, 6771,019

92

146

1,497 '2,4822,758

115521

137,635

67746°—26f- -28

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 430: Annual Report of the Comptroller of the Currency 1925

424 REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10, 192%, arranged by States and reserve cities—Continued

SOUTH DAKOTA

[In thousands of dollars]

Dec. 31,1924

114 banks

Apr. 6,1925

113 banks

June 30,1925

111 banks

Sept. 28,1925

112 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts _vUnited States Government securities. _Other bonds, stocks, securities, etcBanking houser furniture, and fixturesOther real estate owned.Lawful reserve with Federal reserve bank. .Items with Federal reserve bank in process of collection..Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

paniesExchanges for clearing houseChecks on other banks in the same placeOutside checks and other cash itemsRedemption fund and due from United States Treasurer.Other assets _ _..

Total .

Capital stock paidin . .Surplus fundAll other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accrued. _National-bank notes outstandingAmount due to national banksAmount due to State banks, bankers, and trust com-

paniesCertified checks outstandingCashier's checks outstandingDemand depositsTime deposits (including postal-savings deposts)United States depositsUnited States Government securities borrowedBonds and securities, other than United States, bor-

rowed.__Bills payable (Including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscountedLiabilities other than those above stated _

48,737100

10, 5166,3112,3222,1763,856

20714,577

995246130278176184

90,811

5,2302,505

687133

3,5122,262

7,30778

97233,51732,284

399

Total _

2341,665

20

90,811

47,739107

11,3756,8462,2902,1503,789

29713,409

99122093287147176

89,916

5,1702,40366772

2,9392,287

7,036107594

33,51933,044

444

1901,420

18

89,916

46,62297

10,9257,2272,2852,1963,632292

10,658

92022292230144155

85,697

• 5,105. 2,331) 641

1032,8791,578

5,432116603

32,20032,744

344

2041,403

85,697

45,936162

11,7597,8832,2842,0253,738317

11,233

1,04118482224142172

87,162

5,0942,32864789

2,8121,870

5,7384&599

33,88032,194

4736

2801,099

9

87,162

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 431: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY 425

Abstract of reports since October 10, 1924, arranged by States and reserve cities—Continued

TENNESSEE

[In thousands of dollars]

RESOURCES

Loans and discounts (including rediscounts)Overdrafts -United States Government securitiesOther bonds, stocks, securities, etcBanking house, furniture, and fixturesOther real estate owned.Lawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

panies _Exchanges for clearing houseChecks on other banks in the same place.Outside checks and other cash items _.Redemption.fund and due from United States Treasurer.Other assets

Total.

LIABILITIES

Capital stock paid in -Surplus fund.....All other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-banknotes outstandingDue to Federal reserve banks _

• Amount due to national banksAmount due to State banks, bankers, and trust com-

panies - _Certified checks outstandingCashier's checks outstandingDemand deposits.__Time deposits (including postal savings deposits)United States deposits...United States Government securities borrowed...Bonds and securities, other than United States, bor-

rowed .-Agreements to repurchase United States Governmen-t

or other securities sold :_._Bills payable (including all obligations representing

money borrowed other thanjediscounts)Notes and bills rediscounted -Letters of credit and travelers' checks sold for cash and

outstanding __Liabilities other than those above stated

Total.

Dec. 31,1924

99 banks

95. 677-119

13, 2257,0235,437

6926,543

67018, 505

1,66292646743652987

151, 998

12, 3496,2101,766

42110, 527

5575, 037

7, 37137

55352,105

592266

307

1, 7493,153

102

151, 998

Apr. 6,1925

98 banks

96,533178

14,4917, 0775,462

7036,0221,049

18,169

1,37994736825252480

153, 234

12,3566,1162,165

30210, 429

6715,858

7,61157

41352,14549,880

1,653316

321

1,2841, 514

143

153, 234

June 30,1925

98 banks

98, 258111

12,8256,6955,506

7956,058

93016, 230

1,34078941031452694

150, 881

12, 3696,1291,977

36610,387

9074,225

5, 96143

29151,09751,711

484316

321

1,6822,478

137

150,881

Sept. 28,1925

99 banks

101,859257

12,8427,0995,577798

6,1831,13317,244

1,5805783912G852565

156, 399

12, 5196,1502,595220

10,334523

4,751

7,621136321

53, 55553,125

758329

388

60

1, 3071,595

1120

156,399

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 432: Annual Report of the Comptroller of the Currency 1925

426 REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10, 1924, arranged by States and reserve cities—Continued

TENNESSEE-Continued

MEMPHIS

[In thousands of dollars]

RESOURCES

Loans and discounts (including rediscounts)Overdrafts..United States Government securitiesOther bonds, stocks, securities, e t c .Banking house, furniture, and fixturesOther real estate ownedLawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection-Cash in vault and amount due from national banks—Amount due from State banks, bankers, and trust

companies . . _Exchanges for clearing house_._ . . . ._Checks on other banks in the same placeOutside checks and other cash itemsRedemption fund and due from United States Treasurer-

Total _ ._.

LIABILITIES

Capital stock paid inSurplus fund _ _All other undivided profits, less expenses and taxes paid-Reserved for taxes, interest, etc., accruedNational-bank notes outstandingAmount due to national banks.Amount due to State banks, bankers, and trust com-

panies •Certified checks outstandingCashier's checks outstanding-Demand depositsTime deposits (including postal savings deposits)United States depositsBills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscoustedLiabilities other than those above stated

Total

Dec. 31,1924

2 banks

11,6813

996897933'

51,032

7822,966

1,220623

23210

21,182

1,1001,000

38517

2001,112

3,96227

1217,9925,182

52

32.

21,182

Apr. 6,1925

2 banks

11,6023

1,442640921

51,031

6292,197

880389

17910

19,829

1,1001,000

32762

199801

3,4431376

7,3455,380

36

47

19,829

June 30,1925

2 banks

11,5863

1,443522921

16877507

1,495

678292

13510

18, 386

1,1001,050

28533

200719

2,2511983

6,9675,574

46

59

18,386

Sept. 28,1925

2 banks

12,6184

1,7211,140

92116

1,002820

1,822

1,776947• 2

5410

22,853

1,1001,050

27361

2001,114

4,26247

1697,7665,397

37

81050067

22,853

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 433: Annual Report of the Comptroller of the Currency 1925

EEPOET OP THE COMPTROLLER OF THE CURRENCY 427

Abstract of reports since October 10, 1924, arranged by States and reserve cities—Continued

TENNESSEE—Continued

NASHVILLE

[In thousands of dollars]

Dec. 31,1924

5 banks

Apr. 6,1925

5 banks

June 30,1925

5 banks

Sept. 28,1925

5 banks

RESOURCES

Loans and discounts (including rediscounts)- _.Overdrafts _Customer's liability account of "acceptances"United States Government securitiesOther bonds, stocks, securities, etcBanking house, furniture, and fixturesOther real estate owned _Lawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

paniesExchanges for clearing houseChecks on other banks in the same place..Outside checks and other cash items _Redemption fund and due from United States Treasurer.Other assets

Total..

LIABILITIESCapital stock paid inSurplus fund—All other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accrued.. _National-bank notes outstanding .Amount due to national banks..Amount due to State banks, bankers, and trust com-

panies _Certified checks outstandingCashier's checks outstanding _Demand depositsTime deposits (including postal savings deposits)..United States depositsUnited States Government securities borrowedBills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscountedAcceptances executed for customers, etcAcceptances executed by other banks for account of this

bank _ __Liabilities other than those above stated.

36,2401163

2,8823,2411, 531127

2,9773,2482,896

1,79561717620312375

56, 205

3,8002,800534133

2,4563,835

8,96156147

20,13612,412

161

Total..

4297

202

56, 205

37,3452688

3,0452,2111,557133

2,8573,2553,521

1,7006809720313243

56, 893

3,9002,900413156

2,6233,817

9,31411889

19, 54813, 296

312

77

79242

56, 893

40,3473174

3,7092,9411,872126

3,9883,0313,628

1,54556424629013176

62, 599

3,9002,950379201

2,6003,129

9,25360625

21, 46314, 034

177894

6751,930

7

67255

62,599

43,42628233

3,5172,9791,900146

2,8873,4323,256"

2,01150713417913285

64, 852

3,9002,950588198

2,6103,041

815167

21, 50014,137

43773

2,1772,936

2

231

64,852

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 434: Annual Report of the Comptroller of the Currency 1925

428 REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10, 1924f arranged by States and reserve cities—Continued

TEXAS

[In thousands of dollars]

Dec. 311924

531 banks

Apr. 6,1925

537 banks

June 30,1925

598 banks

Sept. 28,1925

608 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts _C ustomer 's 1 lability account of'' acceptances "United States Government securities ..Other bonds, stocks, securities, etcBanking house, furniture, and fixtures __Other real estate owned- _Lawful reserve with Federal reserve bank _.Items with Federal reserve bank in process of collectionCash in vault and amount due from national bankAmount due from State banks, bankers, and trust com-

panies... _ _Exchanges for clearing houseChecks on other banks in the same placeOutside check* and other cash itemsRedemption fcmd and due from United States Treasurer.Other assets

Total .LIABILITIES

Capital stock paid in _Surplus fund.. _All other undivided profits* less expenses and taxes paid.Reserved for taxes, interest, etc., accrued..National-bank notes outstanding _Due to Federal reserve banksAmount due to national banksAmount due to State banks, bankers, and trust com-

panies _Certified checks outstandingCashier's cheeks outstandingDemand deposits. _Time deposits (including postal savings deposits)United States deposits __United States Government securities borrowedBonds and securities, other than United States, bor-

rowed... _Agreements to repurchase United States Government

or other securities sold__.Bills payable (including all obligations representing

money borrowed other than rediscounts)Notes and billsrediscounted... _Letters of credit and travelers' checks sold for cash and

outstandingAcceptances executed for customers, etcLiabilities other than those above stated

250, 55498491

45,91016,83413, 5957,204

24,2242,595

112, 201

7,863413

2,3191,6031,256

524

487,675

43,47724,3998,068

67224,783

49021,286

21,637175

7,565287, 59643,794

1,237150

131

Total .

1,432245

91441

487,675

257,790922

753,29614,94613,7027,431

23,6;501,930

95,705

7,113513

1,3161,2271,210

443

272,567794

852,04815,19814,9157,937

22,0191,54S

72,682

6,300523

1,1901,0291,214

565

481,201 470,537

43,46224,48310, 770

35423,874

40920,281

17,619201

3,573281,18149,2882,988

198

126

1,466710

87

203

481,201

46, 93725,09110,634

39023,829

22914,385

11,187275

3,052271,68252*8031,773

240

76

1894,117a, 281

138

246

470,537

282,9731,654

3451,70915,60215,1777,936

24,0902,150

4631,4841,4781,187

500

502,930

47,37124,99211,894

44923,505

99118,141

14,00291

3,075294,76251,9962,959280

76

233

4,7963,037

634240

502, 930

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 435: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY 429

Abstract of reports since October 10, 192j., arranged by States and reserve cities—Continued

TEXAS—Continued

DALLAS

[In thousands of dollars]

Dec. 31,1924

6 banks

Apr. 6,1925

7 banks

June 30,1925

8 banks

Sept. 23,1925

8 banks

RESOURCES

Loans and discounts (including rediscounts)OverdraftsCustomer's liability account of "acceptances"United States Government securitiesOther bonds, stocks, securities, etc _ _Banking house, furniture, and fixturesOther real estate owned _..Lawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

paniesExchanges for clearing houseCheeks on other banks in same placeOutside checks and other cash itemsRedemption fund and due from United States Treasurer.Other assets

Total.

LIABILITIES

Capital stock paid in _Surplus fundAll other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstandingAmount due to national banksAmount due to State banks, bankers, and trust com-

panies __Certified checks outstandingCashier's checks outstandingDemand depositsTime deposits (including postal savings deposits)United States depositsBills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscountedLetters of credit and travelers' checks sold for cash and

outstandingAcceptances executed for customers, etcLiabilities other than those above stated

Total .

78,379134

1,30213,9263,7803,578

2088,32011,03511,267

3,62096609225142

78,867377258

21, 9103,8684,210163

7,1218,20411,299

3,9722,119

22423205142

142,459 143,160

9,1502,5732,514444

4,47628,024

15, 805170

5, 50854, 48013, 4903,653

275590

51,302

12,1502, 9232,951344

4,07719,833

12,991102

1,86961,15615,9348,474

10258

142,459 143,160

79, 30272

18, 5523,5454,561160

7,9357,55710, 621

3,4032,211

33506205141

138,804

11,9003,1503,125467

3,97415,398

10, 52271

2,12066, 43417, 4284,181

34

138,804

631,055

20,0975,2454,672299

8,39710, 71312,234

3,9922,688

8867238148

157,580

11,9003,1503,758493

4,71323,827

14,379110

2,87767,01316, 7747,413

1171,055

1

157, 580

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 436: Annual Report of the Comptroller of the Currency 1925

480 REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10, 192'4, arranged by States and reserve cities—-Continued

TEXAS—Continued

EL PASO

[In thousands of dollars]

Dec. 31,1924

2 banks

Apr. 6,1925

2 banks

June 30,1925

3 banks

Sept. 28,1925

3 banks

EESOUECES

Loans and discounts (including rediscounts)__Overdrafts.. _._ _ _Customer's liability account of "acceptances"United States Government securities __Other bonds, stocks, securities, etc__Banking house, furniture, and fixtures.Other real estate owned _Lawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection-Cash in vault ar d amount due from national banksAmount due from State banks, bankers, and trust com-

paniesExchanges for clearing house __Checks on other banks in the same place _ __Outside checks and other cash items__Redemption fund and due from United States Treasurer.Other assets _ _.

Total.-

LIABILITIES

Capital stock paid in._Surplus fundAll other undivided profits, less expenses and taxes paid-Reserved for taxes, interest, etc., accruedNational-bank notes outstandingAmount due to national banks .Amount due to State banks, bankers, and trust com-

panies ___ _Certified checks outstandingCashier's checks outstandingDemand deposits __ .Time deposits (including postal savings deposits)United States depositsBills payable (including all obligations representing

money borrowed other than rediscounts) _Notes and bills rediscounted- ___Letters of credit and travelers' checks sold for cash

and outstanding..Acceptances executed for customers, etc

Total--

13,04713

6492,2161,7831,301

521,5491,0302,804

6192431911803813

25,728

1,3003501422

755'814

1,55317

34712,4906,585119

490114

1649

13,232

2,3081,5141,278

591,422664

2,936

461137127260387

24,817

1,30035013819743860

1,8574

34012,3555,978

14,6393

2972,7841,3501,287

971,845602

2,147

2672161091983877

25,956

1,5003701502

745918

77819284

12,8106,610611

853

297

13,385

3642,4772,0091,289108

1,334730

3,019

415149100483830

25, 502

1,50037017918755631

89715269

12,0496,4021,019

1,025

364

25,728 24,817 25,956 25,502

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 437: Annual Report of the Comptroller of the Currency 1925

EEPOBT OF THE COMPTROLLER OP THE CURRENCY 431

Abstract of reports since October 10, 1924, arranged by States and reserve cities—Continued

TEXAS—Continued

FOET WORTH

[In thousands of dollars]

Dec. 31,1924

6 banks

Apr. 6,1925

6 banks

June 30,1925

6 banks

Sept. 28,1925

6 banks

KESOURCES

Loans and discounts (including rediscounts)Overdrafts _ _Customer's liability account of "acceptances"--United States Government securities...Other bonds, stocks, securities, etc.Banking house, furniture, and fixtures__ _Other real estate owned _Lawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection..Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

panies.. __ _Exchanges'for clearing house __ __.Checks on other banks in the same placeOutside checks and other cash itemsRedemption fund and due from United States Treasurer.Other assets _._ _

Total.

LIABILITIES

Capital stock paid in _ _Surplus fund.. „ _ _All other updiyided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accrued.National bank notes outstandingDue to Federal reserve banksAmount due to national banksAmount due to State banks, bankers, and trust com-

panies...Certified checks outstanding _„.Cashier's checks outstanding.Demand depositsTime deposits (including postal savings deposits)United States deposits. _United States Government securities borrowed!Bills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscounted... _Letters of credit and travelers' checks sold for cash and

outstanding J.Acceptances executed for customers, etcLiabilities other than those above stated

44,733117663

5,1111,8682,638923

5,0667,77811,928

2,86491122632910078

85,333

3,9502,350

72459

1,981455

20,789

15,03715

7,85223,3207,705

306

Tota l .

1663126

85,333

43,208126210

8,5132,404

7995,1165,2099,348

1,82053113922510018

80,455

3,9502,450807131

1,969366

15,231

10,80315573

33,1019,319672726

1210131

80,455

37,97465

8,3802,1662,639904

4,4944,4628,675

1,81199812222610015

73,031

4,3502,50027493

1,981395

11,011

5,38410825

34,9459,903235701

297

124

73,031

37,738140

8,2173,0783,022618

3,8165,6817,355

1,15665319831410025

72, 111

4,4502,500454194

1,991443

9,984

6,02810652

33,4389,666218701

850392

138

72, 111

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 438: Annual Report of the Comptroller of the Currency 1925

432 KEPOBT OF THE COMPTTtOLLEB OF THE CTJRBENGY

Abstract of reports since October 10, 192j.y arranged by Siates and reserve ciMes—Continued

TEXAS—Continued

GALVESTON

[In thousands of dollars]

RESOURCES

Loans and discounts (including rediscounts)OverdraftsCustomer's liability account of "acceptances" _TJnited States Government securities .Other bonds, stocks, securities, etc .Banking house, furniture, and fixturesOther real estate owned.I/awful reserve with Federal reserve bankItems with Federal reserve bank in process of collection .Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

panies _ „_-Exchanges for clearing houseOutside checks and other cash items^Redemption fund and due from United States Treasurer.Other assets

Total

LIABILITIES

Capital stock paid in _Surplus fund.. _All other undivided profits, less expenses and taxes paid.B-eserved for taxes, interest, etc., accrued _National bank notes outstanding3>ue to Federal reserve banksAmount due to national banksAmount due to State banks, bankers, and trust com-

paniesCertified checks outstandingCashier's cheeks outstanding _3>emand deposits -Time deposits (including postal savings deposits)United States deposits . _ ._.XJnited States Government securities borrowedBills payable {including all obligations representing

money borrowed other than rediscounts). .Notes and bills rediscountedAcceptances executed for customers, etc

Total

Dec. 31,1924

4 banks

21,4375424

3,71895876876

1,6581,1982,889

1,4611,600

826815 i

36,006

1,600600205101

1,336298/'

7,4S8

5,8962

1517,265

11,00733

24

36,006

Apr . 6,1925

4 b a n k s

20,9291412 •

3,8081,388

92376

2,079439

3,261

1,20156049 :6741

34,907

1,80060017462

1,314182

5,553

S, 80915

1167,160

11, 585375150

12

34,907

June 30,1925

4 banks

18,21922

4,0981,294 ;

97574

1,288571

2,291

474610466833

30,063

1,800610154151

1,320234

3,359

3,8125

117

11,891172150

30,063

Sept. 28,1925

4 banks

18,96145

4,3301,385

©7874

1,022641

3,280

1,1041,075

866814

33,063

1,800610218225

1,336228

5,298

5,0504

765,907

11,424262150

375100

33,063

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 439: Annual Report of the Comptroller of the Currency 1925

REPORT OP THE COMPTEOL.L.EB OF THE CURRENCY 433

Abstract of reports since October 10, 1924, arranged by States and reserve cities—Continued

TEXAS—Continued

HOUSTON

[In thousands of dollars]

RESOURCES

Loans and discounts (including rediscounts)OverdraftsC usfcomer 's liability account ofl' acceptances "United States Government securitiesOther bonds, stocks, securities, etcBanking house, furniture, and fixturesOther real estate owned ___Lawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

panies_. ___.Exchanges for clearing houseChecks on other banks in the same placeOutside checks and other cash itemsRedemption fund and due from United States Treasurer.Other assets

Total.

LIABILITIES

Capital stock paid in . .Surplus fund. _All other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstandingAmount due to national banks _ _Amount due to State banks, bankers, and trust com-

panies . . . „Certified checks ou ts tanding . . . . . . . ,Cashier's checks outstandingDemand depositsTime deposits (including postal savings deposits)United States deposits .,United States Government securities borrowedAgreements to repurchase United States Government

or other securities sold.Bills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscounted _Letters of credit and traveler's checks sold for cash and

standing. ____Acceptances executed for customers, etcLiabilities other than those above stated _.

Total.

Dec. 31,1924

10 banks

77,82573

1,24211, 8697,0145,221513

9,1776,543

14,226

2,7513,3191,501

379180144

141, 977

7,9503,6302,116

3243,565

18,573

18,24576

2,90957,16123,472

202500

1,050642

1,242320

141,977

Apr. 6,1925

10 banks

77,63161

30812,7617,4285,363

3408,4275,771

14, 943

2,8591,488709232lib193

138, 689

7,9503,6302,620379

3,45615,222

17,27659

1,44759,26725,4311,123

300

308221

June 30,1925

10 banks

76,07276

11,3517,6995,554

3087,6185,72211,095

3,1952,428778291180227

132, 594

8,0503,9452,190

4223,521

11,176

12,03152

2,23761,28026,565

532

250

60

3

•'290"

132,594

Sept. 28,1925

10 banks

78,08429

32810,3668,0115,583

3218,2616,545

16,118

3,9502,360

954485180196

141,771

8,0503,9302,471391

3,55017,373

17,309116

2,36757, 55326,868

730

250

200

2328283

141, 771

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 440: Annual Report of the Comptroller of the Currency 1925

434 •REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10, 1924, arranged by States and reserve cities—Continued

TEXAS—Continued

SAN ANTONIO

[In thousands of dollars]

Dec. 31,1924

8 banks

Apr. 6,1925

8 banks

June 30,1925

8 banks

Sept. 28,1925

8 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts.._Customer's liability account of'' acceptances "United States Government securities.Other bonds, stocks, securities, etcBanking house, furniture, and fixturesOther real estate owned..Lawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

paniesExchanges for clearing houseChecks on other banks in the same placeOutside checks and other cash itemsRedemption fund and due fromUnited States Treasurer.Other assets --

Total.

LIABILITIES

Capital stock paid in__Surplus fundAll other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accrued _National-bank notes outstanding.Due to Federal reserve banksAmount due to national banksAmount due to State 1)anks, bankers, and trust com-

paniesCertified checks outstandingCashier's checks outstandingDemand depositsTime deposits (including postal savings deposits)United States deposits.--Notes and bills rediscountedLetters of credit and travelers' checks sold for cash and

outstandingAcceptances executed for customers, e tc . -Liabilities other than those above stated

29,01222021

6,6201,9663,214786

3,2941,2417,461

1,7007731987

'20276

30,1624512

5,6271,6203,210834

3,0681,1037,093

1,4186863162150113

56, 692 55, 234

4,7501,715421133

3,980210

3,288

5,12634704

24,87010,948

36411

4,7501,715587164

1823,201

4,63042364

26, 2139,72649445

Total.

21117

56,692

12151

55,234

28, 442639

4,8491,2473,341703

3,231782

6,765

1, 6055901676126110

51, 955

4,7501,715525104

2,475192

2,378

3,524. 29559

25, 7429,489344

189

102

51, 955

29, 316

-14,8211,0833,381710

3,086893

7,3081,5194551873125123

52,965

4,7501,715686156

2,471158

2, 798

3,93331

. 32226,0089,41939248

2175

52, 965

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 441: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY 435

Abstract of reports since October 10, 1924> arranged by States and reserve cities-Continued

TEXAS—Continued

WACO

[In thousands of dollars]

RESOURCES

Loans and discounts (including rediscounts)Overdrafts.United States Government securitiesOther bonds, stocks, securities, etcBanking house, furniture, and fixturesOther real estate owned -Lawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection-Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

panies __ .Exchanges for clearing houseChecks on other banks in the same place-Outside checks and other cash itemsRedemption fund and due from United States Treasurer-Other assets

Total--

LIABILITIES

Capital stock paid in __Surplus fundAll other undivided profits, less expenses and taxes paid-Reserved for taxes, interest, etc., accrued-National-baiik notes outstanding __. _Due to Federal reserve banksAmount due to national banks. _ __ _.Amount due to State banks, bankers, and trust com-

paniesCertified checks outstandingCashier's checks outstandingDemand deposits __Time deposits (including postal savings deposits)-;United States deposits.-. _Bills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscountedLiabilities other than those above stated _

Total _ •_.

Dec. 31,1924

5 banks

12,04717

2,673708475201

1,270806

4,637

40652720

1976562

24, 111

1,950515310

141,242

2112,919

1,3998

42210, 8604,186

35

40

24, 111

Apr. 6,1925

5 banks

13,11037

2. 767' 781490207

1,378660

3,405

313247

10578566

23,613

1,950515450

121,672

752,412

1,1292153

10, 7604,488

30

40

6

23,613

June 30,1925

5 banks

12,61633

2,455995504219

1,258348

2, 379

22515913448582

21,415

1,950515440

161,690

791,632

4808

1029,6944,651

18

140

21,415

Sept. 28,1925

5 banks

12,29732

2,555945511202

1,092625

2,389

40421150318577

21, 506

1,950515526

181,687

2291,967

6664

1448,4654,761

20

190364

21, 506

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 442: Annual Report of the Comptroller of the Currency 1925

436 REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10, 192%, arranged by States and reserve cities—Continued

UTAH

[In thousands of dollars]

Dec. 31,1924

14 banks

Apr. 6,1925

14 banks

June 30,1925

14 banks

Sept. 28,1925

14 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts _ _ _United States Government securities.Other bonds, stocks, securities, etcBanking house, furniture, and fixtures _Other real estate owned. ._Lawful reserve with Federal reserve bankCash in vault and amount due^rom national banksAmount due from State banks, bankers, and trust com-

panies _Checks on other banks in the same placeOutside checks aaid other cash items _ _Redemption fund and due from United States Treasurer.Other assets...

Total.

Capital stock paid inSurplus fund »All other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstanding .Amount due to national banks-..Amount due to State banks, bankers, and trust com-

panies___-Certified checks outstanding _Cashier's checks outstandingDemand depositsTime deposits (including postal savings deposits)Bills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscounted _

Total.

5,9326

1,163586385108513

1,542

10, 705

800348

9588

46162

4,6654,018

12

10,705

6,1248

1,164518392102393619

1492414304

9, 541

800328100115891

57

353,3494,103

15117

9,541

6,222

1,166556395107395520

1381412

9,560

1197

58911

745

272112

9,560

6,0769

1,118619396110362722

1323115271

9,618

80033113811538

1133

663,3404V124

94

9,618

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 443: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY 437

Abstract of reports since October 10, 192j., arranged by States and reserve cities-Continued

UT AH—C ontinued

OGDEN

[In thousands of dollars]

RESOURCES

Loans and discounts (including rediscounts)Overdrafts . _ _United States Government securities __Other bonds, stocks, securities, etc _- .. _Banking house, furniture, and fixtures- .Other real estate owned .Lawful reserve with Federal reserve bank..Items with Federal reserve bank in process of collection..Gash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

panies . - -Exchanges for clearing house . . __G hecks on other banks in the same plaoe.Outside checks and other cash itemsRedemption fund and due from United States Treasurer-Other assets _._ .

Total

LIABILITIES

Capital stock paid in .. . __Surplus fundAll other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstanding _ _Amount due to national banks.Amount due to State banks, bankers, and trust com-

panies .Certified checks outstandingCashier's cheeks outstanding-Demand depositsTime deposits (including postal savings deposits)Notes and bills rediscounted

Total .-

Dec. 31,1924

3 banks

5,4479

1,1751,130

470300644198

1,093

783216

17

394

11,516

850250262

774825

9279

845,4422,093

11, 516

Apr. 6,1925

3 banks

5,253

1,1751,037

470300577253944

242132

213394

10, 445

85025059

212768586

7956

714, 7582,099

10, 445

June 30,1925

3 banks

5,04810

1,210570472312534153936

216136

12397

9,655

85025083

207765461

8091056

4,3301,768

66

9,655

Seot. 28,1925

2 banks

4,4818

941755393314402366

1,041

338156

10342

9, 241

75015079

228668972

9013

474,0251,315

103

9, 241

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 444: Annual Report of the Comptroller of the Currency 1925

438 REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10, 192/+, arranged by States and reserve cities—Continued

UTAH—Continued

SALT LAKE CITY

[In thousands of dollars]

Dec. 31,1924

4 banks

Apr. 6,1925

4 banks

June 30,1925

4 banks

Sept. 28,1925

4 banks

RESOURCES

Loans and discounts (including rediscounts) __OverdraftsUnited States Government securities..Other bonds, stocks, securities, etcB anking house, furniture, and fixturesOther real estate owned.Lawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

paniesExchanges for clearing houseChecks on other banks in the same placeOutside checks and other cash itemsRedemption fund and due from United States TreasurerOther assets

Total _

LIABILITIES

Capital stock paid inSurplus fundAll other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstandingAmount due to national banksAmount due to State banks, bankers, and trust com-

panies _Certified checks outstandingCashier's checks outstandingDemand depositsTime deposits (including postal savings deposits)United Stp*tes deposits _.Bills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscountedLetters of credit and travelers' checks sold for cash and

outstanding _Liabilities other than those above stated

18,43124

4,5193,794999145

2,2112,0273,848

1,1251,817

51949359

39,237

1,90091038226

1,8143,235

6,56494

52117,6116,113

35

Total.

32

39,237

19,46531

4,3223,4281,005168

2,0601,5983,026

71673377406858

36, 795

1,90091042840

1,3121,626

5,67915297

16,1807,957

28

250150

23

36,795

18,47520

3,9123,7041,007177

2,1592,0881,778

86181580335356

35,218

1,90091045765

1,0371,615

5,38088327

15, 5747,078

34

300417

2115

35,218

18,13333

3,8193,7171,007140

2,1172,2583,018

657568117325355

35,724

1,90091055878

1,0502,737

5,6,8

22616,2826,284

31

249

35,724

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 445: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY 439

Abstract of reports since October 10, 1924, arranged by States and reserve cities—ContinuedVERMONT

[In thousands of dollars]

Dec. 31,1924

46 banks

Apr. 6,1925

46 banks

June 30,1925

46 banks

Sept. 28,1925

46 banks

RESOURCES

Loans and discounts (including rediscounts)Overdiafts j _United States Government securitiesOther bonds, stocks, securities, etc.-.Banking house, furniture, and fixtures__Other real estate ownedLawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection.Cash in vault and amount due from national banks —Amount due from State banks, bankers, and trust com-

panies.. _Exchanges for clearing house. -Checks on other banks in the same placeOutside checks and other cash itemsRedemption fund and due from United States Treasurer.Other assets _

30,87322

6,15316, 6411,061

742,318

5693,674

195

104158219331

Total _ 62,392

LIABILITIES

Capital stock pa id inSurplus fund , _ _All other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstandingDue to Federal reserve banksAmount due to national banksAmount due to State banks, bankers, and trust com-

paniesCertified checks outstandingCashier 's checks outstandingDemand deposits __;.__Time deposits (including postal savings deposits)United States depositsUnited States Government securities borrowedBonds and securities, other than United States, bor-

rowedBills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscountedLetters of credit and travelers' checks sold for cash and

outstandingLiabilities other than those above s ta ted.

5,0602,8121,891

504,345

17010

1,72053

21416,42628, 021

14610

27

1,027299

111

Total _ 62,392

31,33021

6,13216,6101,080

832,033

5612,957

139

96144219238

61, 643

5,0602,8272,224

834,31815021

1,55523446

14, 62628,178

15110

27

1,339477

1127

61,643

32, 71528

6,01516,7271,089

822,252792

3,197

2012

101186218282

63,887

5,0002,9081,968

434,29913815

1,28550259

16,81428,641

10510

27

1,308833

124

63,887

32,97952

6,03317,5681,102

882,395611

3,261

2512

102153217302

65,116

5,0602,9082,317

744,289

13628

22268

18,17528,954

9710

27

776

126

65,116

67746°— 26t 29

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 446: Annual Report of the Comptroller of the Currency 1925

440 REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10, 1924, arranged by States and reserve cities—ContinuedVIRGINIA

[In thousands of dollars]

Dec. 31,1924

176 banks

Apr. 6,1925

176 banks

June 30,1925

175 banks

Sept. 28,1925

175 banks

KESOURCES

Loans and discounts (including rediscounts)OverdraftsCustomer's liability account of "acceptances"—United States Government securities _Other bonds, stocks, securities, etcBanking house, furniture, and fixtures _Other real estate owned.Lawful reserve with Federal reserve bank __.Items with Federal reserve bank in process of collection..Cash in vault and amount due from national banks—Amount due from State banks, bankers, and trust com-

panies 1Exchanges for clearing house --Checks on other banks in the same place—Outside checks and other cash itemsRedemption fund and due from United States Treas-

urerOther assets

Total

LIABILITIES

Capital stock paid in _..Surplus fundAll other*undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstanding.Due to Federal reserve banksAmount due to national banksAmount due to State banks, bankers, and trust com-

paniesCertified checks outstanding _ _Cashier's checks outstandingDemand depositsTime deposits (including postal savings deposits)United States deposits..-United States Government securities borrowedBonds and securities, other than United States, bor-

rowedBills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscountedLetters of credit and travelers' checks sold for cash and

outstanding ._.Acceptances executed for customers, etcLiabilities other than those above stated

Total - -

198,745132

1,88428,20017,0059,6361,54710,9104,81121, 591

2,3651,239675

280

300,975

23,69217,4244,7531,07619, 4981,7295,512

6,914532882

91,443111, 6451,987666

21

3,7346,833

22,341291

200,497131

1,44428,32216,5619,9031,82410,4604,71618,591

2,530999664597

934245

201,233127978

27,95616, 94410,0101,80811,1474,44816,237

1,9791,123688900

938314

206, 5401ST417

28,29617,35010, ISO1,82210,9384,95617, 649

2,3441, 339549625

945269

298,418 296,830 304, 322

24,02217,8145,9101,09618,5511,6834,791

6,188479811

87,099114, 2822, 247361

13

3,8317,304

21,664270

23,97917, 7885, 2111,007

18,5931,8854,113

519952

86,421114,7151,722445

13

4,8508,755

21,003280

24,07917,6»56,4011,05918, 7151. 6444,351

5,581432664

89,069115, 5342,210421

13

6,1369, 595

1417295

300,975 298,418 296,830 304,322

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 447: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY 441

Abstract of reports since October 10, 1924, arranged by States and reserve cities—Continued

VIRGINIA-Continued

RICHMOND

[In thousands of dollars]

Dec. 31,1924

6 banks

Apr. 6,1925

6 banks

June 30,1925

6 banks

Sept. 28,1925

6 banks

RESOURCES

Loans and discounts (including rediscounts) _.Overdrafts _Customer's liability account of "acceptances"United States Government securities _Other bonds, stocks securities, e tc .Banking house, furniture, and fixtures _Other real estate ownedLawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

panies.._ _Exchanges for clearing houseChecks on other banks in the same placeOutside checks and other cash items __Redemption fund and due from United States TreasurerOther assets „ _ __._

Total.

LIABILITIES

Capital stock paid inSurplus fundAll other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accrued.__National-bank notes outsandingAmount due to national banksAmount due to State banks, bankers, and trust com-

panies „Certified checks outstandingCashier's checks oustandingDemand deposits mTime deposits (including postal savings deposits)United States depositsUnited States Government securities borrowedBills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscounted ___Acceptances executed for customers, etcLiabilities other than those above stated

1,6885,1264,7141,877244

5,1749,4675,388

3,8103,293

309579130

107,210

Total-

6,3006,2402,317353

1,57714, 795

12,995958468

35,96819,528

840440

1,3001,1261,688317

1Q7,210

71,74424

2,0934,7254,8971,898223

4,44211,0953,623

2,5391,236

324058120

108, 789

6,3006,2402,519472

1,13214,508

12,727461140

33,31520,6371,855

15

3,325

2,093357

108,789

67,75414

1,2603,4494,3421,893200

4,4888,2603,878

2,5691,428

366958118

99,816

6,3006,2402,494332

1,15112,014

10,025937174

34,68620,975

66815

1,5006S9

1,260342

99,816

78,45914

1,0223,5424,8451,934177

5,67112,5414,352

3,14991455

146

116,968

6,3006,24G2,691404

1,14913,729

13,800381397

42,85220,821

871

2,2153,7321,022364

116,968

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 448: Annual Report of the Comptroller of the Currency 1925

442 REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10, 192 j . , arranged by States and reserve cities—Continued

WASHINGTON

[In thousands of dollars]

Dec. 31,1924

99 banks

Apr. 6,1925

99 banks

June 30,1925

100 banks

Sept. 28,1925

101 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts _Customer's liability account of"acceptances".United States Government securities. __Other bonds, stocks, securities, etcBanking house, furniture, and fixturesOther real estate ownedLawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

60,908195

916,16921,0384,8061,3936 ^

Exchanges for clearing house ___.Checks on other banks in the same placeOutside checks and other cash itemsRedemption fund and due from United States Treasurer.Other assets..

14,570

1,903481415363181243

Total . 128,692

LIABILITIES

Capital stock paid inSurplus fund _All other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstandingDue to Federal reserve banks.. _Amount due to national banksAmount due to State banks, bankers, and trust com-

panies _Certified checks outstandingCashier's checks outstandingDemand depositsTime deposits (including postal savings deposits)United States depositsUnited States Government securities borrowedBonds and securities, other than United States, bor-

rowed ._Agreements to repurchase United States Government

or other securities sold __ __Bills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscounted _.Letters of credit and travelers' checks sold for cash and

outstandingAcceptances executed for customers, etcLiabilities other than those above stated

8,2903,7981,032194

3,491

1,187

1,929112667

58,6474?, 844

601218

Total .

217423

19

32

128,692

64,339664

16,68521,8395,2071,1736,081

8113,433

1,621545478227176211

65,6054612

16,02721,6835,2231,1486,000

7412,913

1,556461333486174240

132,166 131,981

8,5903,5411,019219

3,459

993

2,302227608

63,12646, 722

636

20

8,6653,578991155

3,44035845

1,797484624

61,10447,372

496

331227

132,166

1, 548638

11228

131,981

65,557918

16,12822,1085,2771,1716,141132

14,842

1,810555359267182304

134,932

8,8653,6151,708179

3,5602

961

2,01292696

63,81847,461

46120

27

693731

1822

134,932

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 449: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OF THE CURRENCY 443

Abstract of reports since October 10, 192^ arranged by States and reserve cities—Continued

WASHINGTON—Continued

SEATTLE

[In thousands of dollars]

Dec. 31,1924

8 banks

Apr. 6,1925

8 banks

June 30,1925

8 banks

Sept. 28,1925

8 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts __Customer's liability account of "acceptances"United States Government securitiesOther bonds, stocks, securities, etc _.Banking house, furniture, and fixtures -.Other real estate owned ._. _._Lawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection..Cash in vault and amount due from national banks.>-Amount due from State banks, bankers, and trust com-

paniesExchanges for clearing house _ __.Checks on other banks in the same place _-.Outside checks and other cash items- _Redemption fund and due from United States Treasurer.Other assets ._. -

Total.

LIABILITIES

Capital stock paid in _Surplus fundAll other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstandingAmount due to national banks _Amount due to State banks, bankers, and trust corn-

Certified checks outstandingCashier's checks outstandingDemand deposits-Time deposits (including postal savings deposits)United States deposits.--United States Government securities borrowedBills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscountedLetters of credit and travelers' checks sold for cash and

outstanding.Acceptances executed for customers, etc -Acceptances executed by other banks for account of

this bank__Liabilities other than those above stated

Total.

54,87841

47219, 90816, 3723,081

3367,6743,416

11,816

9,2663,660

282390168485

132, 245

6,0002,8431,810

3493,3576,490

10, 451361

1,46960,77634,9111,794

740

202

19532

133

132, 245

61, 06359

50723, 63614, 5873,254

3238,0602,945

10, 385

5,1833,438

244735168581

60,39444180

24,38714,8773,385301

6,812

9,741

5,8834,350205

135,168 135, 253

6,0002,9431,779313

3,3566,175

10, 215434

2,07162, 43434, 2623,791

39

22581

6,0002,9451,842262

3,3566,258

10, 5641,3572,588

61, 79234,4011,997495

8504

36354

153 152

135,168 135,253

51377

23,33213,6853,333301

7,4653,22910, 335

5,9633,816182384168589

136, 893

6,2002,9972,427334

3,3567,212

10,576384

1,85060,51634,677

495

900214

49604

184

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 450: Annual Report of the Comptroller of the Currency 1925

444 REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10 r 1921+, arranged by States and reserve cities-—Continued

WASHINGTON—Continued

SPOKANE

[In thousands of dollars]

Dec. 31,1924

4 banks

Apr. 6,1925

4 banks

June 30,1925

4 banks

Sept. 28,1925

4 banks

RESOUKCES

Loans and discounts (including rediscounts)OverdraftsCustomer's liability account of''acceptances''United States Government securitiesOther bonds, stocks, securities, etcBanking house, furniture, and fixturesOther real estate ownedLawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

Exchanges for clearing houseChecks on other banks in the same placeOutside checks and other cash itemsRedemption fund and due from United States Treasurer.Other assets _ _

Total.

LIABILITIES

Capital stock paid inSurplus fundAll other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstandingAmount due to national banksAmount due to State banks, bankers, and trust com-

panies ,_Certified checks outstandingCashier's checks outstandingDemand depositsTime deposits (including postal savings deposits)United States depositsNotes and bills rediscounted _._ __.Letters of credit and travelers' checks sold for cash and

outstanding _.Acceptances executed for customers, etc

28,02749

3,4832,8621, 573122

2,1301,4313,762

490636

831

125149

44,878

2,90064283

2132,4752,960

4,40233

22413, 37517,514

51

27r5995324

3,7113,1131,570

1082,1451,0913,142

461481

1222

130100

43, 762

Total. 44,878

2,900642125243

2,5772,003

3,61035

17914, 70416,239

65403

1324

43, 762

27,1952711

3,5133,0401,560114

1,9451,170

465443641132

43,109

2,900642110252

2,6061,442

3,90157189

13, 59916,465

41

11

43,109

27,1273547

3,4662,6471,565116

1,9911,5393,834

8494771137132171

44,044

2,900643288219

2,6312,645

3,86734229

13,79716,201

29516

47

44,044

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 451: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OP THE CURRENCY 445

Abstract of reports since October 10, 1924, arranged by States and reserve cities—Continued

WEST VIRGINIA

[In thousands of dollars]

Dec. 31,1924

124 banks

Apr. 6,1925

123 banks

June 30,1925

124 banks

Sept. 28,1925

124 banks

RESOURCES

Loans and discounts (including rediscounts)OverdraftsUnited States Government securitiesOther bonds, stocks, securities, etc.-B anking house, furniture, and fixturesOther real estate owned _Lawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection..Cash in vault and amount due from national banks —Amount due from State banks, bankers, and trust com-

panies . .Exchanges for clearing houseChecks on other banks in the same place _Outside checks and other cash items^Redemption fund and due from United States Treasurer.Other assets __

Total.

LIABILITIES

Capital stock paid in _._ -Surplus fund__AD other undivided profits, less expenses and taxes paid.Keserved for taxes, interest, etc., accruedNational-bank notes outstanding..Due to Federal reserve banksAmount due to national banksAmount due to State banks, bankers, and trust com-

paniesCertified checks outstanding _Cashier's checks outstandingDemand deposits-. _.Time deposits (including postal savings deposits)United States depositsUnited States Government securities borrowed _.Bonds and securities, other than United States, bor-

rowedAgreements to repurchase United States Government

or other securities soldBills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscountedLiabilities other than those above stated

133,413126

20,32615,3867,048759

8,3592,40912,880

1,369604407471546402

204, 505

13,42611, 2564,516460

10,584966

2,473

4,148253

1,31675,45864,782

9352,510

128,173106

20,34415,6487,115795

8,1931,38315,260

1,249382369298525402

200, 242

13,36111, 2395,283

47910,339

7582,585

5,312301534

75, 78466,4481,279

566

Total .

8,9782,340

104

204, 505

4,4691,413

112

200, 242

128,64192

19,51316,0077,447754

7,8281,79512,319

1,201387360389526407

197, 666

13,41611,7564,596536

10,259642

1,858

1,03073,09967,487

812551

5,5452,073

62

197, 666

128,610133

19,46215,9817,701749

7,7641,70314,659

1,268370S46300522420

199,988

13, 50511, 7335,472501

10, 289748

2,437

4,494241691

73.65067,722

479540

18

5,9621,452

54

199, 988

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 452: Annual Report of the Comptroller of the Currency 1925

446 BEPOET OF THE COMPTEOLLER OF THE OUEKENCY

Abstract of reports since October 10, 1924, arranged by States and reserve cities—Continued

WISCONSIN

[In thousands of dollars]

BESOURCES

Loans and discounts (including rediscounts) _OverdraftsCustomer's liability account of" acceptances "United States Government securitiesOther bonds, stocks, securities, etcBanking house, furniture, and fixturesOther real estate owned .._Lawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

paniesExchanges for clearing houseChecks on other banks in the same placeOutside checks and other cash itemsRedemption fund and due from United States Treasurer.Other assets

Total.LIABILITIES

Capital stock paid inSurplus fundAll other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstandingDue to Federal reserve banksAmount due to national banksAmount due to State banks, bankers, and trust com-

paniesCertified checks outstanding...Cashier's checks outstandingDemand depositsTime deposits (including postal savings deposits)United States depositsUnited States Government securities borrowedBills payable (including all obligations representing

money borrowed other than rediscounts) __Notes and bills rediscountedLetters of credit and travelers' checks sold for cash and

outstanding. _Acceptances executed for customers, etcLiabilities other than those above stated

Total .

Dec. 31,1924

150 banks

141, 749127

627, 29743, 2158,9371,6479,8911,191

23, 902

3,094577

1,022538586377

264,156

17, 615

4,317727

11,65942

685

8,280121980

83,286123,822

1,01540

6831,693

6491

264,156

Apr. 6,1925

151 banks

150,578178

426,64646,0519,0031,763

11,096937

24,178

3,406626950381549439

276, 785

17,6408,7474,845

77310,924

831,788

9,824436892

92, 912124, 849

1,11141

457

4566

276,785

June 30,1925

150 banks

148,66614710

25, 74847, 3638,8521,957

10, 798919

21,113

2,731515804462547432

271, 064

17, 6058,7304,663

54210,839

391,067

8,965298782

88,027126, 376

84136

781951

210

510

271,064

Sept. 28,1925

150 banks

146,470173

926, 42849, 2878,9442,028

10, 537653

22,150

2,812455683393549378

271, 949

17, 6058,7115,430839

10,88734

1,065

9,391289697

87, 233126, 8101,385

32

440582

29

271,949

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 453: Annual Report of the Comptroller of the Currency 1925

E.EPOET OF THE COMPTBOLLEB OF THE CUEEBNCY 447

Abstract of reports since October 10, 1921+, arranged by States and reserve cities-Continued

WISCONSIN-Continued

MILWAUKEE

[In thousands of dollars]

Dec. 31,1924

6 banks

Apr. 6,1925

7 banks

June 30,1925

7 banks

Sept. 28,1925

7 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts _ _Customer's liability account of "acceptances"United States Government securities _Other bonds, stocks, securities, etcB anking house, furniture, and fixturesOther real estate ownedLawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection-Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

paniesExchangesfor clearing house .Cheeks on other banks in the same place _Outside checks and other cash itemsRedemption fund and due from United States TreasurerOther assets _ _

Total

LIABILITIES

Capital stock paid inSurplus fundAll other undivided profits,.less expenses and taxes paid-Reserved for taxes, interest, etc., accruedNational-bank notes outstandingDae to Federal reserve banksAmount due to national banksAmount due to State banks, bankers, and trust com-

panies _Oertified cheeks outstandingCashier's checks outstanding _.. .__Demand depositsTime deposits (including postal savings deposits)United States deposits _Bills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscountedLetters of credit and travelers' checks sold for cash and

outstandingAcceptances executed for customers, etcAcceptances executed by other banks for account of this

bankLiabilities other than those above stated. _

Total _.

93,65532

11312,0188,1854,196227

9,2274,27413, 555

5,6143,734212538187

156, 633

9,2006,0001,821738

3,722746

7,977

19, 665164662

70, 89432,0011,182

760413

2020

93555

103,85874176

10, 7219,0134,244227

9,2902, 356

10, 035

5,2422,974

75543171360

159, 359

9,4006,0402,178739

3,4301,607

20,932187598

68, 53431, 571

902

2603,229

31222

154676

101, 6053319

10,6679,9944,254232

8,9173,11911,314

5,3812,676104728178427

159, 648

9,4006,0502,2-47683

3, 5211,1027,327

19, 748257613

70,72032, 4851,373285

3,155

3015

4633

102, 58134.41

11, 51310, 2754,254232

9,0572,760

5,2272,054

74602178456

158, 974

9,4006,0502,662871

3,5411, 3557,680

20,155209477

68, 56932, 8571,113

8102,580

41574

156,633 159,359 159, 648 158, 974

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 454: Annual Report of the Comptroller of the Currency 1925

448 REPORT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports since October 10, 1924, arranged by States and reserve cities—

Continued

WYOMING

[In thousands of dollars]

RESOURCES

Loans and discounts (including rediscounts) 1Overdrafts.- _ _United States Government securities __.Other bonds, stocks, securities, etcBanking house, furniture, and fixturesOther real estate owned.-Lawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection..Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

paniesExchanges for clearing houseChecks on other banks in the same placeOutside checks and other cash itemsRedemption fund and due from United States Treasurer.Other assets _

Total -

LIABILITIES

Capital stock paid in _Surplus fundAll other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedNational-bank notes outstandingAmount due to national banksAmount due to State banks, bankers, and trust com-

panies. .Certified checks outstanding.Cashier's checks outstanding _Demand deposits. _ ._.Time deposits (including postal savings deposits)United States deposits..United States Government securities borrowedBills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscountedLetters of credit and travelers' checks sold for cash and

outstanding

Total I

Dec. 31,1924

32 banks

22,36333

4,8243,2071,433334

2,496

11,001

734205

2,6751,745

43812

1,8311,302

1,85221

34123,93412,457

10312

9082

Apr. 6,1925

32 banks

22,49328

4,9523,1791,432

4001,983

116,472

47019978668755

41, 905

2,7251,701

43322

1,728885

1,50031

17819, 78312, 706

111

41,905

June 30,1925

32 banks

22, 55333

5,5743,2721,431

4332,085

226,721

50517552528741

43,035

2,7251,701

40638

1,738850

1,28575

22321, 22712, 567

116

43,036

Sept. 28,1925

32 banks

23,09555

5,6543,4911,433

4392,037

257,050

65515486898862

44,413

2, 7251,701

45636

1,731697

1,51835

33522,25912,694

110

4175

44,413

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 455: Annual Report of the Comptroller of the Currency 1925

TABLE N O . 60.—Abstract of reports of condition of national banks in each Federal reserve district at date of each report during year endedSeptember 28, 1925

DECEMBER 31,1924

[In thousands of dollars]

DistrictNo.l(383

banks)

DistrictNo. 2(711

banks)

DistrictNo. 3(666

banks)

[

DistrictNo. 4(752

banks)

DistrictNo. 5(555

banks)

DistrictNo. 6(382

banks)

DistrictNo. 7(1,055banks)

DistrictNo. 8(492

banks)

DistrictNo. 9(785

banks)

DistrictNo. 10(1,033banks)

DistrictNo. 11

(645banks)

DistrictNo. 12(584

banks)

Total

States(8,043

banks)

RESOURCES

Loans and discounts (including rediscounts) _Overdrafts, — , , *___ _.Customer's liability account of acceptance^..United States Government securities, etcOther bonds, stocks, and securities, etcBanking house, furniture, and fixturesOther real estate ownedLawful reserve with Federal reserve banks..Items with Federal reserve banks in process

of collection _Cash in vault __. __Amount due from national banksAmount due from State banks, bankers, and

trust companies in the United StatesExchanges for clearing houseChecks on other banks in the same placeOutside checks and other cash itemsRedemption fund and due from United

States TreasurerOther assets.

Total

LIABILITIES

Capital stock paid in _Surplus fund:.Undivided profits less expenses, interest, and

taxes paidReserved for taxes., interest, etc., accrued-_--National-bank notes outstandingAmount due to Federal reserve banks

1,036,013321

47,878172, 725273,54148, 7424,596

96,637

47,58733,86468,114

11, 32838, 2891,4607,239

2,66130,113

2,981,994542

138,831738, 945946,046

76, 5215,641

470,645

117,32271,14467,958

39,485706,42240,27512,942

4,912139,373

1,007,327185

18,107192,851440,07845,4615,332

100,034

52,31039,22582,484

19,76344,73910, 2125,050

2,9467,555

1,008,201553

3,086323, 371370,641

69, 0307,633

101,262

36,83941,53496,060

27,89522, 6232,9092,607

5,0005,865

804, 664516

8,867129. 453106,83944,0209,261

58,573

36,18625,96767,567

25,20621,0924, 5593,838

3,1944,353

525,442684

2,07974,07871, 53528,0315,785

42,917

17,46720,26476,988

38,3099,3132,9113, 374

2,1531,438

1,675,6191,553

11,023293.090299 06576,78017,505

187,856

57,04861,876

186,246

66, 35467,7887,2678,712

4,53816,086

546,655767753

90.496119; 77521, 2844,847

51,356

26,39715,94470,674

37,45113,5861,6352,092

2,1391,446

575, 670566

3,131135, 826118,51323,47213,47251,130

8,46319, 593

111, 384

27,90610,7511,3676,572

1,6693,573

731,6321,270

1136,350119,39938, 20613,89985,305

29,98728,546236,821

48,55716,9424,5406,089

2,0581,079

577,0971,7404,06298,24239,96435,05211,30058,882

32,94622,544161,322

27,36612,0984,6393,677

2,2971,886

845,7411,0966,910

198,075169,36944, 5769,68589,789

24,38127,766122,383

60,88432,9723,2048,419

2,71710, 671

12,316,0559,793

244,7282, 583, 5023,074,765551,175108,956

1,394,386

486,933408,267

1,348,001

430, 504996, 61584,97870,611

36, 284223,438

1,921,108 6,558,998

108, 56185,639

48, 9404,57652, 4444,260

260, 083306,615

132, 64916, 63996,45310, 553

,073,659

98, 558155,705

46. 4913', 28257,9143,597

2,125,109

127, 565117,118

51,1815,77098,8811,235

1,354,155

93,15469,954

24,3093, 96061,3748,79^

922,768

63,16038, 585

13, 4931,729

42,610864

3,038,406 1,007,297

179,303112,722

45, 59010, 27690, 2851,124

69, 92334,338

16, 4522,38042,492

184

1,113,058

63,44334,189

12,4324,117

32, 7449

1, 500,681 1,095,114 1,658,638 24,368,991

86, 92841, 561

13,0833,49340,534

29

81,337

14,8581,963

45, 2791,980

102,12152,862

22,8112,59053,323

560

1, 334, 0361,088, 220

442, 28960, 775714, 33333,188

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Page 456: Annual Report of the Comptroller of the Currency 1925

TABLE N O . 60.—Abstract of reports of condition of national banks in each Federal reserve district at date of each report during year endedSeptember 28, 1925—Continued

DECEMBER 31, 1924—Continued

[In thousands of dollars]

O

DistrictNo. 1(383

banks)

DistrictNo. 2(711

banks)

DistrictNo. 3(666

banks)

DistrictNo. 4(752

banks)

DistrictNo. 5(555

DistrictNo. 6(382

banks)

DistrictNo. 7(1,055

banks)

DistrictNo. 8(492

banks)

DistrictNo. 9(785

banks)

DistrictNo. 10(1,033

banks)

DistrictNo. 11

(645banks)

DistrictNo. 12(584

banks)

TotalUnitedStates(8,043

banks)

LIABILITIES—continued

Amount due to national banksAmount due to State banks, bankers, and

trust companies in the United States andforeign countries

Certified checks outstandingCashiers' checks outstandingDemand deposits.--Time deposits (including postal savings

deposits)United States deposits ._..United States Government securities bor-

rowedBonds and securities other than United

States borrowed _ J'_Bills payable (including all obligations rep-

resenting money borrowed other than re-discounts)

Notes and bills rediscounted (including ac-ceptances of other banks and foreign bills ofexchange or drafts sold with indorsement)-.

Letters of credit and travelers' checks sold forcash and outstanding

Acceptances executed for customers and tofurnish dollar exchange less those pur-chased or discounted

Acceptances executed by other banks 7Liabilities other than those stated _

TotalOct. 10,1924

Increase ._

44,561

101, 2544,8769,345

859,055

449, 56731,333

129

27

22,762

39,568

839

47,5582,9842,830

311,065

693,342154,867258,416

2, 913, 049

1, 087, 66225,630

2,008

50

63,328

67,830

2,375

130,14615, 59310,645

65,104

142, 5502,6498,568

791, 789

621,89914,869

645

100

27, 320

10,868

84

15,1313,9902,546

90,664

103, 2104,734

14,855818, 904

608,07813, 982

11,603

281

32, 254

15,348

280

3,21029

5,927

41,910

71,2653,4297,147

487,379

411, 42611, 614

4,388

305

23, 321

18, 526

8,4531,0202,185

35,135

66,296748

5,090385, 042

242, 9785,102

1,060

1,244

6,049

9,356

1

2,781570875

174,236

295, 3978,34515, 795

1,327,749

708, 03916,539

2,776

49

11,548

15,869

1,931

12, 5611,8326,440

62,645

96,107360

5,331423,336

234, 9195,766

2,201

16

4,734

17

753

1,659

63,928

97, 841744

12,498389,982

385,0045,929

196

1,819

3,951

35

2,825306

1,066

169,420

147, 508834

28,203678, 662

275, 6475,619

1,424

540

1,479

4,513

54

64

106, 072

91, 467542

26,883529, 087

138, 0566,340

3,743

1,919

17

4,062

1,820

75,182

122, 5332,20922,761754,141

416,4978,318

1,812

624

3,947

4,964

244

7,688240

3,211

1, 239,922

2, 028, 770184,337414, 892

10,358,175

5, 579, 772151, 041

28,930

3,405

202,304

196,396

6,120

235, 23226,56440,290

1,921,1081,841, 228

6, 558, 9985, 960, 861

2, 073, 6592,033,741

2,125,1092,092,167

1, 354,1551, 315, 795

922, 768866,400

3,038, 4063,008,892

1,007, 297961, 699

1,113,0581, 08], 463

1, 500, 6811,446, 302

1,095,1141, 044, 723

1,658,6381, 658, 515

24,368,99123,311,786

79, 880 598,137 39,918 32,942 38, 360 56,368 29, 514 45, 598 31, 595 54, 379 50, 391 123 1,057, 205

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Page 457: Annual Report of the Comptroller of the Currency 1925

APRIL 6, 1925

DistrictNo. 1(382

banks)

1,059,568262

47,340167, 213271, 55450,0064,290

87,933

38,29930,12856,585

10,23122,8491,2134,561

2,34929,053

1,883,434

113,46791,419

51,4845,129

46, 3423,450

38, 547

101, 0315,1547,158

DistrictNo. 2(714

banks)

2,922,9451,052

140,890716,485973,05177,9505,848

390,343

98, 94063,07763,858

32,340459,83733,82110, 583

4,175146,808

6,142,003

275, 804315,812

146, 02115, 66081, 7467,900

331, 555

579, 017164, 636103,055

DistrictNo.3(667

banks)

1,037,285197

15,280200,588445, 286

46, 7695,558

88,093

43,49932,82286,178

19,88534,4235,8212,574

2,8624,293

2,071,413

98,806156,835

52, 5783,870

55, 2633,355

68,667

126, 9803,3699, 431

DistrictNo. 4(751

banks)

1,040,673649

3,362304,171382, 751

70, 5457,487

103,050

31, 27337,86890, 682

27,78717,7342,6402,476

4,2386,228

2,133,614

127, 885118, 053

57, 5105,574

83, 8981,251

81,164

101, 4843,2597,765

DistrictNo. 5(549

banks)

816,952551

8,110132, 775106,02745,1399,816

54, 781

34, 74823,10360,903

21,29212, 3073,5082,580

3,0993,326

1,339,017

93, 61070,489

28,3853,971

58, 3847,460

42,879

63,1463,0223,977

DistrictNo. 6(381

banks)

562,082806

1,50882,46176, 44428,339

6,15645, 699

17, 32217, 61793, 916

43,8838,4812,4022,591

2,0071,347

993,061

63, 48239, 064

16, 0712,204

39, 7201,123

45,455

82, 0591,8184,317

DistrictNo. 7(1,056

banks)

1,735,0581,718

10,480293,237304,839

79, 24418,498

185,436

43,31053,612

165,229

76,87448,3836,0616,628

4,22316,887

3,049, 717

181, 271113,116

51,18210, 35283, 5972,103

158, 867

295,1239,552

15, 240

DistrictNo. 8(492

banks)

543,513760325

96,479120, 64520,9975,332

48, 510

24,47413,63165,040

29, 5669,2281,3761,834

1,9941,689

985,393

70,00634,464

17, 9262,850

39, 566224

55,814

89,1891,2223,278

DistrictNo. 9(772

banks)

557,673624

1,081140, 644129, 79823,16014,12750,119

7,56917,80188, 644

24,1247,6471,1065,978

1,5214,591

1,076,207

63, 02333, 582

tt,6033,157

29, 735

49,430

85, 2561,039

10, 478

DistrictNo. 10(1,023

banks)

736,9951,641

111152,216123,13738, 62014, 74779,810

25,95725, 619

178, 688

41, 77313,0264,1165,281

1,9281,454

1,445,119

86, 68841,001

15, 2212,721

38, 053438

131, 533

128,818966

13,585

DistrictNo. 11

(649banks)

586,5251,7851,258

118,03738, 63136,10611,19656, 079

24,69320,563

139,355

21,9736,7162,5712,709

2,1871,430

1,071,814

84, 21739, 347

19,4101,556

43,0881,502

85, 612

76, 222539

9,509

DistrictNo. 12

(574banks)

865,9191,362

11,217206,472165,56746,9819,401

83,421

21,45525,164

101,332

44,97424,6572,9736,733

2,5119,261

1,629,400

102,38552, 652

22,9233,172

49, 567517

58, 083

111, 0382,909

16, 554

Totalunited.Qf r,f GO(8,010banks)

12,465,18811,407

240,9622,610,7783,137,730

563,856112,456

1, 273,274

411,539361,005

1,190,410

394, 702665, 28867,60854,528

33, 094226,367

23,820,192

1, 360, 6441,105,834

490, 31460, 216

648. 95929,323

1,147, 606

1,839, 363197,485204,347

RESOUECES

Loans and discounts (including rediscounts) _Overdrafts—-Customer's liability account of acceptances __United States Government securities, etcOther bonds, stocks, and securities, etcBanking house, furniture, and fixturesOther real estate ownedLawful reserve with Federal reserve banks...Items with Federal reserve banks in process

of collection __ _.Cash in vault— ___Amount due from national banksAmount due from State banks, bankers, and

trust companies in the United StatesExchanges for clearing houseChecks on other banks in the same placeOutside checks and other cash itemsRedemption fund and due from United

States Treasurer _._Other assets

Total

LIABILITIES

Capital stock paid inSurplus fund _Undivided profits less expenses, interest and

taxes paid _Reserved for taxes, interest, etc., accruedNational-bank notes outstandingAmount due to Federal reserve banksAmount due to national banksAmount due to State banks, bankers, and

trust companies in the United States andforeign countries

Certified checks outstandingCashiers' checks outstanding

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Page 458: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 60.—Abstract of reports of condition of national hanks in each Federal reserve district at date of each report during year endedSeptember 28, 1925—Continued

APKIL 6,1925—Continued

[In thousands of dollars]

to

1W

oQ

o

3o

DirtrictNo. 1(382

banks)

DistrictNo. 2(714

banks

DistrictNo. 3(667

banks)

DistrictNo. 4(751

banks)

DistrictNo. 5(549

banks)

DistrictNo. 6(381

banks)

DistrictNo. 7(1,056

banks)

DistrictNo. 8(492

banks)

DistrictNo. 9(772

banks)

DistrictNo. 10(1,023

banks)

DistrictNo. U(649

banks)

DistrictNo. 12

(574banks)

TotalUnitedStates(8,010

banks)

IJABIUTIUS—continued

Demand deposits „Time deposits (including postal savings de-

posits) , , , .United States deposits...United States Government securities bor-

rowed ,.,„„,_,.._,. ,_.,Bonds and securities other than United

States borrowed .Bills payable (including all obligations repre-

senting money borrowed other than redis-counts) - „_.,.

Notes and bills rediscounted (including ac-ceptances of other banks and foreign billsof exchange or drafts sold with indorse-ment)... . - , . _ - „ . . „ , _

Letters of credit and travelers' checks sold forcash and outstanding

Acceptances executed for customers and tofurnish dollar exchange less those purchasedor discounted..-..--,-..-._.-__,_-.._

Acceptances executed by other banksLiabilities other than those stated „

T o t a l -Dec. 31,1924..

476, 95830,663

60

99

18,156

35,425

948

50,2852,0332,928

2,595,294

1,138,09845,156

1,314

50

98,443

72,022

2,618

130,08920,07917,634

776,663

635,61225,292

436

100

26,307

7,937

127

12,7574,2932,735

832,813

630,90429,154

8,027

331

20,297

18,748

340

3,249264

1,644

466, 582

419, 56321,804

2,419

519

18,788

23,091

245

7,601729

2,353

407, 480

258,17012,137

1,123

1,273

5,304

8,672

2,307227

1,055

1,293, 730

730, 99028, 566

2,325

339

11,878

42,074

1,674

11,6551,3794,704

237, 68411,729

2,238

6

4,972

3,729

37

327

1,802

377,915

394,9858,231

199

1,280

3,760

38

745337

1,408

682, 111

284,65910,081

1,151

301

3,078

3,680

72

119

537,682

149,73616,123

1,084

164

1,987

1,018

28

1,558

843 1,432

737,308

425,97813,825

1,371

8,708

6,441

407

12,069161

2,699

9,918,606

5,783,337252,761

21,747

3,821

219,198

226,597

232,76129,5024J,237

1,883, 4341,921,108

6,142, 0036, 558, 998

2, 071,4132, 073, 659

2,133, 6142,125,109

1, 339, 0171, 354,155

993, 061922, 768

3, 049, 7173, 038, 406

985, 3931, 007, 297

1, 076, 2071,113, 058

1,445,1191, 500, 681

1, 071,8141, 095,114

1, 629,4001, 658, 638

23, 820,19224, 368,991

Increase..Decrease.. 37,674 416,995 2,246

8,50515,138

70,293 11,31121,904 36,851 55,562 23,300

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Page 459: Annual Report of the Comptroller of the Currency 1925

J U N E 30, 1925

RESOURCES

Loans and discounts (including rediscounts).Overdrafts ,.Customers' liability account of acceptances.-United States Government securities, etcOther bonds, stocks, securities, etcBanking house, furniture, and f i tOther real estate owned , . , , „ .Lawful reserve with Federal reserve banks __Items with Federal reserve banks in process

of collection—„ ,- ,--,..-Cash in vault - _„_ „_.Amount due from national banks. ,„_,_Amount due from State banks, bankers, and

trust companies in the United States..-,..Exchanges for clearing house .Checks on other banks in the same placeOutside cheeks and other cash itemsRedemption fund and due from United States

Treasurer - ,Other assets

Total

LIABILITIES

Capital stock paid inSurplus fundUndivided profits less expenses, interest, and

taxes paid ,Reserved for taxes, interest, etc., accruedNational-bank notes outstandingAmount due to Federal reserve banksAmount due to national banksAmount due to State banks, bankers, and

trust companies in the United States andforeign countries

Certified checks outstanding-,^,.^ w .Cashier's checks outstanding

DistrictNo. 1(382

banks)

1,082,892286

31,479159,225280,24950, 5264,44893,981

47,41029,45358, 621

9,33232,360

1,1326,607

2,39836,973

1,927,422

114,67694, 444

49, 7165,176

47, 3924,045

37, 202

91, 3995,104

11, 296

DistrictNo. 2(720

banks)

3,022,419853

108,735717,397974,97482,1725,926

423,170

125, 75161, 68164,260

38,047749,65542,34115,900

4, 203143,124

6,580,008

275,996317,871

149, 63618,18182, 0678,757

281, 007

647, 887188,820221,810

DistrictNo. 3(671

banks)

1,051,848249

11,577185,173446, 89047, 7845,728

102,986

47,89732, 59771,788

21,01137,48210,1845,$00

2,8328,665

DistrictNo. 4(748

banks)

1,042,919599

3,eO7291,467385, 63473, 7037,352

39,87836, 53990,533

27, 53619, 5302,3933,229

4,2377,213

2,090,491 12,135,328

99,934130, 682

49, 5173, 494

55,1914,115

62,086

126, 5893,1808,338

127,710118,635

55, 3454,781

83, 3152,030

75, 052

97,7203,271

DistrictNo. 5(549

824,273493

4,116127,455106,83448,479

7,66453,316

32,32322,49855,763

18,91516,6734,1623,543

3,0374,169

1,333,613

94,02671, 593

26,2383,785

58, 2866,283

37, 784

57, 3794,1355,232

DistrictNo. 6(380

banks)

577,113503

1,30683,09182,88828,8815,726

48,376

16,26618,35283,420

37,8687,2822,4592,801

1,9991,988

1,000,319

63, 34439, 521

15, 3952,187

39, 4301,184

38, 706

80,1371, 8105, 421

DistrictNo . 7(1,057

banks)

DistrictNo. 8(492

banks)

1,775,5961,3726,011

277,821320,50183,60619, 938

192,216

51,12953, 077

167,436

86,02052,7826,3827,622

4,22716, 566

3,122,302

181,737113,142

49,8648,982

83, 5281,606

169, 286

285, 6608,948

14,156

539, 336625259

92, 755127, 99821, 8704,37745,694

23, 88613, 73657,654

27,74010,8051,3491,911

2,0013,326

975,322

70, 38334, 613

16,8372,916

39, 649281

51, 617

81,168968

6,712

DistrictNo. 9(761

banks)

543,885629229

133, 346136, 38523, 05414, 60850,343

7,44117,66077,048

25,1738,7431,1537,186

1,5165,094

1,053,493

62, 25933,187

11, 6463,440

29, 594

41, 079

71,1391,586

11, 713

DistrictNo. 10(1,015

banks)

734,1391,244

9151,739123,64739,67514, 35482,232

26,27626, 670

165, 455

43,08515,6033,8774,431

1,8891,409

1, 435, 734

40, 967

15, 2152,670

37, 56351

115, 485

121, 3151,366

14,694

DistrictNo. 11

(711banks)

590,7761,207

326111,43137,86938,02811, 60553,836

22,18320, 336106,287

20,1458,2032,4402,679

2,1721,720

1,031,233

87,94240, 574

18, 2411,764

42, 6061,658

62, 718

51, 737495

10, 341

DistrictNo. 12

(580banks)

884,9221,2888,929

202,866167,98747,1449,457

81,865

26,34726,09997,140

48,17429,1762,5747,783

2,5028,713

TotalUnitedStates(8,066

bankg)

12,670,1189,348

176, 5832, 533,7663,191, 856

584,922111, 183

1,326, 864

466,787358, 698

1,095,405

403,046988, 29480,49669,492

33, 013238,960

1,652,966 |24,338,831

103,820 i 1, 368, 63562,989 1,118, 218

23,8922,692

49, 373730

56,144

481, 54260, 068

647,99430, 740

1, 028,166

114,171 | 1,826,3014, 399 224, 082

19, 520 336S 039

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Page 460: Annual Report of the Comptroller of the Currency 1925

TABLE N O . 60.—Abstract of reports of condition of national banks in each Federal reserve district at date of each report during year endedSeptember 28, 1925—Continued

JUNE 30, 1925—Continued[In thousands of dollars]

O

DistrictNo. 1(382

banks)

DistrictNo. 2(720

banks)

DistrictNo. 3(671

DistrictNo. 4(748

banks)

DistrictNo. 5(549

banks)

DittrictNo. 6(380

banks)

DistrictNo. 7(1,057banks)

DistrictNo. 8(492

banks)

DistrictNo. 9(761

banks)

DistrictNo. 10(1.015

banks)

DistrictNo. 11

(711banks)

DistrictNo. 12

(580banks)

TotalUnitedStates(8,066

LIABILITIES—continued

Demand deposits _Time deposits (including postal savings de-

posits) _ _United States depositsUnited States Government securities bor-

rowedBonds and securities other than United

States borrowed _Agreements to repurchase United States

Government or other securities soldBills payable (including all obligations repre-

senting money borrowed other than redis-counts)--- _ - -__

Notes and bills rediscounted (including ac-ceptances of other banks and foreign billsof exchangeor drafts soldwithindorsement)

Letters of credit and travelers' checks sold forcash and outstanding..

Acceptances executed for customers and tofurnish dollar exchange less those pur-chased or discounted

Acceptances executed by other banksLiabilities other than those above stated

Total.Apr. 6, 1925..

864, 497

9,559

279

27

17,706

35, 271

1,777

32,1502,2534,475

2,921, 560

1,149, 69913, 224

1,107

50

259

89, 446

70,007

4,565

97, 06021,10520, 494

795, 235

649, 42711,190

554

34,109

10, 407

8,6404,0333,480

850,983

643,85213,891

6,424

32

24,482

13,901

633

3,72245

2,331

462, 076

429,95111,540

2,126

355

811

409, 494

271, 6175,922

2,076

1,419

29, 355

312

3,825391

2,141

5,465

14,420

11

1,76872

920

1, 354,734

761, 95712, 429

3,523

166

342

24,520

29,051

3,733

6,220674

8,044

402,858

247, 6293,094

2,285

5

1,350

3,683

7,133

61

2582

1,820

384,662

390,1965,022

217

2,385

3,838

49

112117

1,252

694, 685

289, 7754,808

823

363

26

1,922

6,406

123

533,328

157, 3238,529

1,099

123

439

6,102

4,278

83

326

658 1,527

751,160

432,5727,049

1,171

655

147

9,298

9,807

492

10, 47781

2,327

10, 425, 272

5, 922, 976106, 257

21, 684

3,530

3,413

245,107

233,874

12,122

164, 56928,77349, 469

1,927, 4221, 883, 434

6, 580, 6086,142, 003

2,090, 4912, 071, 413

2,135, 3282,133, 614

1, 333, 6131, 339, 017

1, 000, 319993,061

3,122, 3023, 049, 717

975, 322985, 393

1, 053, 4931, 076, 207

1, 435, 7341, 445,119

1, 031, 2331, 071,814

1, 652,9661, 629, 400

24, 338,83123,820,192

Increase..Decrease.

438,605 19,078 1,7145,404

7,258 72, 58510, 071 22, 714 9,385 40, 581

23, 566 518, 639

o

o

H

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Page 461: Annual Report of the Comptroller of the Currency 1925

SEPTEMBER 28, 1925

iDistrict

No. 1(381

banks)

DistrictNo. 2(727

banks)

District. No. 3

(671banks)

DistrictNo. 4(748

banks)

DistrictNo. 5(549

banks)

DistrictNo. 6(380

banks)

DistrictNo. 7(1,059

banks)

DistrictNo. 8(498

banks)

DistrictNo. 9(757

banks)

DistrictNo. 10(1,005

banks)

DistrictNo. 11(722

banks)

DistrictNo. 12

(582banks)

TotalUriitedStates(8,079

banks)

CD R E S O U R C E S

Loans and discounts (including rediscounts).Overdrafts

-,. Customers' liability account of acceptancesO United States Government securities, e tc .

Other bonds, stocks, securities, etcBanking house, furniture, and fixturesOther real estate ownedLawful reserve with Federal reserve banksItems with Federal reserve banks in process

of collectionCashin vaultAmount due from national banksAmount due from State banks, bankers,

and trust companies in the United States-Exchanges for clearing houseChecks on other banks in the same place- _Outside checks and other cash itemsRedemption fund and due from United

States TreasurerOther assets _

Total...-

LIABILITIES

Capital stock paid in.Surplus fund __Undivided profits less expenses, interest

and taxes paidReserved for taxes, interest, etc., accrued. _National-bank notes outstandingAmount due to Federal reserve banksAmount due to national banksAmount due to State banks, bankers, and

trust companies in the United States andforeign countries

Certified checks outstanding ,",__

, 119, 058369

28, 240157,164280, 96749,2344,384

92, 051

42,44828, 40456, 342

12, 40926, 209

1,0172,912

2,37521,210

3,159, 215990

124, 671698, 260979, 802

83,6216,376

425, 678

104, 36059, 67860, 594

34,077530,926

27, 7337,904

4,190129,277

1,100, 799275

12,334178, 872449, 433

48, 4716,409

97,245

48,10831,84074,150

17, 77831, 5455,1322,774

2,8167,621

1, 078, 621810

2,629

393, 84974,4047,758

105, 207

36,33237,17788,144

28,92212, 405

1,8642,622

4,2736,671

850,356865

5,817122,504108,970

48, 9348,114

58, 743

37,41223, 05962,953

23,18710, 9763,4762,785

2,9694,260

639, 5841,7092,578

92, 99893, 58729, 7525,829

52,117

19, 59719, 366

104, 587

45,9468,0562,5733,947

2,0171,619

1, 792, 4071,9167,865

271, 699324, 318

86,04220,931

177, 587

52, 47450,879

157, 065

56,52451, 823

5,1476,610

4,21227, 264

565,1211,338

83693, 872

126, 07722, 3094,591

46, 844

24, 99714, 90257, 427

30, 6937,8371,2462,180

2,0081,530

549, 006918

1,127133,090140, 71923,10414, 527

8,42217, 385*8,091

28,5688,5301,0118,212

1,4884,601

741,1141,795

35153,491127,12040,30314,60278, 633

29, 32828,390137,499

39,00511,1923,3094,227

1,8381,621

616, 0622,1532,044

112, 05642, 00238, 91211,49255,471

28, 54623, 439129, 457

22, 8858,5293,1033,642

2,1771,630

919, 3311,752

12, 907205, 211173, 75147, 6459,65784, 765

24, 64226, 892113, 287

55, 30425, 7882,6596,274

2,48712, 028

13,130, 67414,890

201, 0832, 509,2053, 240,595

592, 731114,670

1, 324, 326

456, 666361,411

1,119, 596

393, 296733,81658, 27054,089

32,850219, 332

1, 924, 793 6,437, 352 2,115, 602 2,171, 676 1, 375, 380 1,125, 862 3, 094, 763 1, 003, 808 1, 066, 782 1,413, 502 1,103, 600 1, 724, 380 24, 557, 500

113,70293,430

54,8115,356

46, 7813,91940,350

83,1785,492

279, 528322,451

163,11321,67482,426

307,031

542,037217,310

100, 754162,079

56, 3254,26855,4733,55862,866

115,0452,710

127,875119,621

60, 6265,93584,3921,655

71,228

97,4843,147

94,45971,664

30, 7484,01858,8397,909

41, 747

66, 6243,053

63, 55040,164

18, 7722,461

39, 6661,066

50, 754

106, 5933, 543

182, 399113, 292

57, 73111, 50583, 5731,941

144, 960

290,89810, 588

70, 94834, 854

19,8203,24939,906

23352,421

88, 020400

62,07233, 099

13, 6493,93929,139

85,70840, 734

17,9972,05536,418

46, 627

75, 249976

99, 290

116, 296913

88,67640,475

21,1422,146

42,9912,55283,694

70,188435

104,53852, 912

28, 6353,181

• 49,115623

67, 451

114,3852,920

1,374,2091,124,775

543,36969,787

648,71931,820

1,068,419

1, 765,997251,487

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Page 462: Annual Report of the Comptroller of the Currency 1925

TABLE N O . 60.—Abstract of reports of condition of national banks in each Federal reserve district at date of each report during year ended jfSeptember 28, 1925—Continued §J

SEPTEMBER 28, 1925—Continued

[In thousands of dollars]

DistrictNo. 1(381

banks)

DistrictNo. 2(727

banks)

DistrictNo. 3(671

DistrictNo. 4(748

banks)

DistrictNo. 5(549

banks)

DistrictNo. 6(380

banks)

DistrictNo. 7(1,050

banks)

DistrictNo. 8

DistrictNo. 9(757

banks)

DistrictNo. 10(1,005

banks)

DistrictNo* 11

(722banks)

DistrictNo. 12

(582banks)

TotalUnitedStates(8,079

banks)nofed

1-3W

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LIABILITIES—continued

Cashier's checks outstandingDemand depositsTime deposits (including postal savings

deposits)United States deposits.United States Government securities bor-

rowedBonds and securities other than United

States borrowedAgreements to repurchase United States

Government or other securities soldBills payable (including all obligations

representing money borrowed other thanrediscounts)

Notes and bills rediscounted (includingacceptances of other banks and foreignbills of exchange or drafts sold withindorsement)

Letters of credit and travelers' checks soldfor cash and outstanding—.. __.

Acceptances executed for customers andto furnish dollar exchange less those pur-chased or discounted.. __

Acceptances executed by other banksLiabilities other than those above stated..

Total..June 30, 1925

7,827870,826

502,04012,152

131

27

499

14,603

33,289

29,3441,6454,503

112,3502,790,911

1,164,06944,105

1,816

50

440

139,720

77,359

3,619

115,13819,64124,200

9,661803,722

663,21512,999

899

200

6

34,692

10,579

145

9,7923,9842,630

6,404863,249

648,60621,420

8,090

31,098

15,058

518

2,827164

2,907

3,909479,607

429,84012,122

2,303

334

505

29,158

29,935

266

5,127765

2,448

5,465468,976

11,831

2,115

1,971

535

9,295

12,680

10

3,491231

1,695

15,3381,336,408

763,33714,918

3,621

42

17,825

28,030

2,881

8,3731,7115,056

3,750406,397

251,4624,397

2,005

1,100

7,965

13,924

43

844

11,046381,483

391,6737,961

152

2,047

2,836

4,049

49

1,05176

1,656

13,377696*012

287,0295,141

328

123

3.321

7,041

10,552553,072

155,33813, 789

1,150

123

8,374

4,742

138

2,044

708 1,4

15,803772, 091

455,17511, 740

1,311

459

27

17,740

8,851

410

13,806325

2,882

214,48210,422,754

5,992, 782172, 575

24,479

3,926

4,057

316,627

245,537

9,056

191,87328, 54252, 228

1,924, 7931,927,422

6, 437, 3526,580, 608

2,115, 6022,090,491

2,171, 676',135,328

1, 375, 3801,333,613

1,125,8621,000,319

3,094, 7633,122,302 975, 322

1, 066, 7821,053,493

1,413, 5021,435,734

1,103, 6001,031, 233

1, 724, 3801,652,966

24,557, 500 Q24,338, 831 *<

Increase _.Decrease.. 2,629 143,256

25, 111 36.348 41,767 125,54327, 539

28,486 13,28922, 232

72, 367 71,414 218, 669.4

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Page 463: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 61.—Classification of loans, investments, and deposits of national banks in June of each year from 1914 to 1925, inclusive

Year

June 30,1914..June 23 1915—June 30,1916—June 20,1917..June 29,1918—June 30, 1919—June 30, 1920 .June 30,1921—June 30,1922—June 30,1923—June 30, 1924. _.June 30, 1925...

Num-ber

banks

7,5257,6057,5797,6047,7057,7858,0308,1548,2498,2418,0858,072

Loans

On demand

Paperwith oneor moreindivid-

ual orfirm

names(not se-cured

by col-lateral)

616,911611,698660, 213700,198620, 765597, 560707, 229679, 704657, 298733, 536737, 559726,100

Securedby stocks

andbonds

U,036,977883,812

1,159,0071, 261, 6311,150,0731, 307, 7871, 261, 9841,151,1141,408, 3691, 463, 2031, 545, 6251,843,167

Securedby otherpersonalsecuri-

ties, in-cluding

mer-chan-dise,ware-house

receipts,etc.

184,822223,639300, 879300, 212317, 286392, 277342,394270, 583276,090263,618300, 561

On time

Paperwith oneor more

individualor firm

names (notsecuredby col-lateral)

2 3,403,3533, 264, 3473, 760, 2254, 561, 7905, 297, 2565, 251, 3247, 604, 9716, 564, 4445, 818, 2076,176, 7436,123, 6046,132, 318

Securedby stocks

andbonds '

31,372,828866,76?

1,029, 6121,064, 2541,428,0942,130, 5981,855, 9061, 548, 0531,499. 0921, 519, 3171, 559, 6981, 817,730

Securedby otherpersonal

securities,includingmerchan-dise ware-

housereceipts,

etc.

697,930661,338772,963959, 904

1,014,0731,390,1221, 320, 3231,112, 4341,111,2731,087, 0961,062, 755

Secured by im-proved real estateunder authorityof sec. 24 Federal

reserve act, asamended

Onfarmland

93,042101,795108, 892116, 009122,214

On otherreal

estate

* 78,093* 85, 631* 9% 315

• 135,90260/03487,036

125,070188, 897269, 247

%Secured by real estate mortgages

or other leins on realty not inaccordance with sec. 24, Fed-eral reserve act, as amended

For debts pre-viously con-tracted (sec.

5137 U.S.R.S.)

Farmlands

60,895100,784127,339120,122123, 332

Otherreal

estate

45, 69560,35167,94274, 53581,874

All other realestate loans

Farmlands

5,8996,522

10,3939,031

10, 334

Otherreal

estate

3150,5953160, 633s 107,361«99,486«91, 667«93,927

14,68214,80423,1Q126, 54329,797

Accept-ances of

otherbanks

dis-counted

24,50078, 610

145,182150, 849146, 83894, 47075, 90660,87491, 026

107, 767

Accept-ances

report-ing

bankpur-

chasedor dis-count-

ed

31, 92949, 23956, 74722, 26016, 42931,91111, 39233, 99843, 76G

Cus-tomers'liabilityon ac-count

ofdraftspaid

underletters

ofcredit

7,3473f1232,5G61,3673,105

Total

6, 430,0696, 659,9717,679,1678,957, 678

10,135,84211,010,20613,611,41612,004,51511, 248,21411,817,67111,978, 72812, 674,067

1 Includes loans secured by other personal securities.2 Includes $1,336,693. On time, single-name paper without other security.3 Includes all loans secured by mortgages or other real estate security.

* Includes all real estate loans under sec. 24, Federal reserve act.s Includes all real estate loans not under sec. 24, Federal reserve act.

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Page 464: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 61.—Classification of loans, investments, and deposits of national banks in June of each year from 1914 to 1925, inclusive—Contd.Cm00

8%

O

H

Year

Investments

Numberbanks

UnitedStates

Govern-ment

securities

State,county,

and othermunicipal

bonds

Kailroadbonds

Otherpublic-service

corporationbonds

All otherbonds

Claims,warrants,

judgments,etc.

Foreigngovern-mentbonds

Otherforeignbonds,

securities

Total in-vestments

June 30,1914June 23,1915June 30,1916June 20,1917June 29,1918June 30,1919June 30,1920June 30,1921June 30,1922June 30,1923June 30,1924June 30,1925.

7,5257,6057,5797,6047,7057,7858,0308,1548,2498,2418,0858,072

799,316783,454731,205

1,076,2562,116,7853,171,9122,269,5752,019,4972,285,4592, 693, 8462, 481,7782,536,767

176,017244,473278,180315,511320,384322,984338,357393,682414,414401,816505,528594,700

341,691379,191467,629467,291406,135412,371416,430404,936486,453503,348573, 571673,950

218,215220,304274,928295,835267,337275,849283,118277,205318,456337,293397,560495,239

328,095340,418301, 503361,954271,998306,775309,755352,405423,040521, 200575, 743

35,92653,341141,444143, 612290, 822309,428328,305373, 617385, 554367,241343, 623368,628

10,01933, 787116, 768284,123227, 578193,890179, 971140, 226162,054153, 723179, 470240, 762

5,60913, 40240,30368,48656,23354,31260, 95463,51387, 89591,23685, 055122,163

1,914,8882,068,3702,351,9603,013, 0683,957,2725,047,5214,186,4654,025, 0814,563,3255,069, 7035,142,3285,730,444

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Page 465: Annual Report of the Comptroller of the Currency 1925

Year

June 30, 1914June 23, 1915June 30, 1916June 20, 1917June 29, 1918June 30, 1919June 30, 1920June 30, 1921June 30, 1922June 30,1923June 30, 1924June 30, 1925

Numberbanks

7,5257,6057,5797,6047,7057,7858,0308,1548,2498,2418,0858,072

Deposits

Individual deposits (including postal savings)

Individualdeposits

subject tocheck

5,077,6264,517,6975,577,6296, 560,2687,161,2688,479,7479, 577,7218,036,5618,504,1048,385,3468,636,5959,433,675

Demandcertificatesand otherdepositsdue in

less than30 days

503,897519, 513460,312480,027381,444451, 050445,196343,160319, 800302, 501268, 536259,934

State,county,or other

municipaland allother

demanddeposits

anddividendsunpaid

18,66064,08383,008103, 357143,127175,395196,907330,104328, 511600,451688,119736,645

[

Timecertificatesof deposit

due onand after30 days

519,220512,827690,438824,898838, 051898,170

1,052,892980, 918

1,080,8281,135,1741,161,7041,277,699

State,county,or other

municipaland all

other timedeposits

772,600979, 249

1, 265, 7211,405,1781,792,6822,349,3662,678, 5042,998,1803, 575,3364,033,1654, 579,311

Postalsavingsdeposits

23,84141,42259,97989,142100,36094, 08883,24336,38432,94344,65265,06467,648

Totalindividualdeposits

(includingpostal

savings)

6,143,2446,428,1427,850, 6159,323,41310,029,42811,891,13213,705,32512,405, 63113, 264,36614,043,46014,853,18316,354,912

All other deposits

UnitedStates

deposits

66,65448, S6439,457132, 965

1,037, 787566, 793175,788249,039103,374192,135123,318108,101

Due tobanks

includingcertified

checks andcashiers'checks

2,353,8512,344,1362, 987,0153,315,4552,954, 3943,466,9403,274,3082,487,6612,952,8242,662,3853,371,3363,446,656

Totaldeposits

8, 563, 7498,821, 242

10,877,08712, 771,83314, 021, 60915, 924, 86517,155,42115,142,33116,320, 56416,897, 98018,347, 83719,909, 669

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Page 466: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 62.—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State, April 6, 1925

[Amounts in thousands of dollars] O

States and countiesNum-ber ofbanks

Loans anddiscounts

Bonds andsecurities

Due frombanks, in-

cluding law-ful reserveand cash in

vault

Totalresources

Capitalstock

Surplus andundivided

profits iCirculation

Totaldeposits

Bills payableand redis-

counts IALABAMA

Autauga._ __.Barbour _.Blount •.BullockButterCalhoun . .ChiltonClayCoffee .ColbertConecuh.CovingtonCrenshawCullmanDale. T __.Dallas..DeKalbElmoreEscambiaEtowah

. FayetteFranklinGenevaGreene __.HaleHeneryHouston . . .Jackson „___Jefferson. __LauderdaleLeeLimestoneMadison.__MarengoMarshallMobile..

4911,112

135434604

5,264383355

1,6931,160

3703,267

753467108

2,594646746180

1,922530573683620593

1,2313,488

71630, 746

1,4822,535

1941,825

6611,0649,867

17197

7297

3632,451

48248382281

82685

74111

461,263

115233

32875150

32251U9152170513106

8,196700

1,25852407155350

4,289

70197213246341

1,32983512692586855642Q24438

1,20542150234441711064024974224813168

11,06287378451975289720

3,318

6011,561430794

1,3929,384519699

2,3441,818544

4,8521,299834206

5,2151,2281,512265

3,598813754

1.361'851839

1,6695,0481,08551,5833,1824,718351

3,3751,1422,20617, 728

50250255012590050125325125256001301003560010050502251001251401Q0100265825100

2,00030046550200125200300

29126198118955024572819427373116281566948156111763032146925112138774

3,6492994914

425105123

1,450

12171192510039730992498825550289935586100442322098187510010015023369

1,7699944450196115124300

509784367638978

7,528415412

1,2361,511467

2,9811,025594121

3,100980

1,261171

2,8825864699474S5463

1,0523,545812

43,4192,4843,173247

2,435798

1,75815, 584

230 W

'"- ao

.... g

™ s

232 Q

"16 H95 WH

III «52 Q74 cj116 #82 W51 W26 %

212 O

145

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Page 467: Annual Report of the Comptroller of the Currency 1925

MontgomeryMorgan _ _PikeTalladegaTallapoosaTuscaloosa - .Walker .Wilcox. ___ . . „Winston -. -.-

Total.-

ARIZONA

Cochise .CoeoninoMaricopa.. _NavajoPimaPinalSanta CruzYuma.__

Total...

ARKANSAS

Arkansas _BentonBoone..,CarrollChicot.,ClarkClay .Cleburne _Con wayCraigheadCrawford. . . .Cross. _Dallas _ ._GarlandGreene..HempsteadHot Springs __HowardIndependenceJackson._ _Jefferson..Johnson. _.LafayetteLawrence

343612111

102

21621222

18

372311211211122211222312

8,7582,0281,6142,501

6303,695

601155244

99,618

898202

7,127360

3,014169

1,6441,472

14,886

1,1932,333

984714291280720167481751433151437

1,600846

1,35424386

774655

4,372893179241

3,3821,3461,472

96081

93017826

1

32,848

227137

1,922190864107659380

4,486

17556213027917543693

18758

30011129988835811444

1425119

1,582111

7781

4,391787876

1,031592

1,048165748

35,937

511266

2,963174712

731,348

187

6,234

62384924528920996

100144475

55237

54111862440462119

73292918

2,915182

58138

17,9854,3904 0034,5741,3185,959

906265271

175, 471

1,765643

13,125756

4,921380

4,0422,447

28,079

2,2093,9571,4041,348

713437949320

1,2261,0181,007

324880

3,5401,7362,047

415168

1,5631,7288,9631,225

322473

1,8007003003801003001003025

13, 070

12550

75075

10050

150200

1,500

200310

75135

5050752550

15010025

100300175350

2525

1501003001852550

892176586435112440

3825

5

13, 257

1062

3153

402

16148

1,037

121233

5872191590

9103

9321751

278208

9994

74241630

693018

779600273325

50300

5010

9,227

2048

16260

100245598

567

75303

5096504025

4940

100

252599

10025

12542

145692525

14, 4792,9002 8333,4021,0564,920

719200212

136,918

1,513534

11,863599

4,319286

3,4711,818

24,403

1,7343,0701,2051,045

594332728287

1? 024642774282698

2,9261,2431,497

356139

1,1181,3357,803

903242379

20

— - W29 «

2,065 g

O

18 S

w20 ^

283 g

3 2 1 M

s71 O41 f16 tH

W

30 §

178 tq

egO(-4

11 £}&

25 Q10 i-480

1 Exclusive of reserve for taxes, interest, etc., accrued.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 468: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 62.—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State, April 6t

1925—Continued

[Amounts in thousands of dollars]

States and counties

ARKANSAS—continuedLeeLittle River...Logan ._MadisonMillerMississippi. _MonroeOuachitaPhillips.Poinsett . _PolkPrairie..Pulaski...St. FrancisSalineScott.Sebastian __SevierUnionWashington.. _ _ .Woodruff...Yell

Total ,

CALIFORNIA

Alameda __Butte.. . . .--.Contra CostaEl DoradoFresnoGlenn . _ . .Humboldt -Imperial

Num-ber ofbanks

221r3222614511

87

8271

15233

Loans anddiscounts

430338248362

2 913648100926

2,74735823457

6,668410445357

10,27578

4,0032,086

127146

54,134

19,0631,9441,258

1095,264

5552,8071,883

Bonds andsecurities

5449

24421

4167

28499.37662873

7721784599

4,8728

2,278519

35

16,816

7,5401,1101,241

2461,824

4081,670

274

Due frombanks, in-

cluding law-ful reserveand cash in

vault

22855

237201

1 66031114

445745819914

2,341444141184

4,49213

2,85289838

106

25,545

6,22539741737

1,215134550724

Totalresources

767463747598

5 3291 074

145X,8964,107

57145893

10,4821,075

656664

19,850126

9,3783,724

176264

100,615

33,7843,7143,118

4059,1421,1345,1013,244

Capitalstock

80258050

40015025

100700855025

700805050

1,30025

5003752525

7,930

2,22520037550

999125410350

Surplus andundivided

profits

38413429

160547

28347

31210

341894925

1,1984

329166

36

5,462

1,6471406114

29054

578199

Circulation

248019

1012504849

200492544

1,2456

69288

3,751

1,61562

29748

60574

37182

Totaldeposits

649335547501

4 749870103

1,7563,010

30334841

9,240856531545

16,08755

8,3872,893

148233

82,543

28,1093,3102, 355

2936,830

8813,7292,562

Bills payableand redis-

counts

38

132

17

353

687

19

30

407

1351

OS

to

o

woohdH&O

EO*j

h3

woc\ww

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 469: Annual Report of the Comptroller of the Currency 1925

Inyo . __KernKingsLassenLos Angeles _ _ _ _ _Madera _- _ _lVIarinMendocino _ _ _Merced _ - - - _ -MtodocMontereyNapa _ _ _ _ _NevadaOrangePlacerRiverside _ _ _ _SacramentoSan BenitoSan Bernardino _ _San DiegoSan Francisco _ _ _San JoaquinSan LuisobispoSan MateoSanta BarbaraSanta Clara _Santa CruzShastaSiskiyouSolano _SonomaStanislausSutter _ _ _ . _ _TehamaTulareTuolumneVenturaYoloYuma

Total

COLOBADO

AdamsAlamosaArapahoeArchuletaBacaBentBoulder

1441

6931311131

162

1341

14556143652378611

112121

263

2251118

5381 1042,990

206223,228

1,035155

1,3681,102

481998

2,21075

13,237403

5,92919,553

2937,538

12,892169,557

4,028441

1,7596,5506,9983,7021,119

9232,6614,7342,4501,010

5694,8831,656

978991342

543,569

824656

1,45890

155233

4,450

105519919640

68,17128478

1,163147181211

1,843226

4,174268

3,21610,197

2523,8916,540

60, 7872,778

671,3092,0615,7322,096

7231,3823,1981,735

73385

3261,320

993408199578

203,848

53322440

820

1021,943

14128153671

82,02720193

2788875

228441169

2,755155

2,5767,485

1062,2933,611

56,9991,191

85633

1,4501,4121,115

3126837477786759397

1,00175916512187

181, 712

404454402

1099

1511,231

7932 3244,830

921386,549

1,767339

2,9211,431

7951,5844,630

49921,172

88212,18639,326

69414,39024,645

313,1418,313

6493,763

10,60714,6907,2592,2913,0266,8917,6744,1771,2201,0527, 7843,4861,6761,4031,022

982,444

1,3261,5152,411

137289505

8,376

5025032550

21,01217550

25010085

10022550

1,675100975

2,200100875

1,50019,500

825100325650825550200125550975400

50100675175300275

50

61,531

6575

125252550

550

2332

29623

14,177534

94274265

1865

1,13436

5512,059

148849

1,00622,563

88221

3556819246341121584115602208928

488138799843

52, 277

223378371

618

18393

• 8,2995038

124

8524

17550

99475

5351,888

100765244

9,15955550

14944450127319898

3695961412589

2541751606924

30, 205

5674

48267

6281,7963,818

848337,172

1,390248

2,3981,100

5821,3944,012

39416,890

6319,985

33, 077327

11, 76021,574

247,0285,937

4722,9218,804

12,2275,8021,7812,6065,3925,1203,2851,007

7625,8452,9981,025

834905

812,844

1,2391,3432,112

86257405

6,877

4263

298

1,17170

54 Jaj205 t=j

O30 ^

476 o

40 M140

H20 td

104 H

3,344 O113 O

16 h;155 £d

O

38 C157 S368 ^110 o50 M73

521 H

80 fej126

O

8,378 W

OK)

2023

63 £00

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 470: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 62,—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each Statef April 6,1925—Continued

[Amounts in thousands of dollars]

States and counties

COLORADO—-continued

ChaffeeClear CreekConeios __CrowleyDeltaDenver _ _Douglas ,.Eagle. _ElbertEl PasoFremont. •Qarfield _. _.GilpinGunnisonHuerfano _ _JeffersonKiowa __Kit CarsonLakeLa Plata.Larimer _ _.Las AnimasLincoln ,_ _.Logan __ _MesaMoffatMontezuma _ _ _.Montr oseMorganOteroPhillips . ._ -ProwersPuebloBio Blanco

Num-ber ofbanks

3111491115441122132282423233432321

Loans anddiscounts

762226197131922

75,38739716797

8,3301,5711,604

34292996795268280204918

5,7482,663

}742191

1,699580638

1,0901,582

945609836

5,750445

Bonds andsecurities

73616935

241259

47,40358562

3,4211,844

588218249709252

653

973650

1,3452,613

11433

45911019935830628681

3345,862

17

Due frombanks, in-

cluding law-ful reserveand cash in

vault

3085484

116363

36, 35161

1437

3,3441,416

58176

39845245648

107700643

2,4091,674

15063

72317130242073456860

5947,238

60

Totalresources

1,857471326507

1,638162,342

551380119

15,2595,0562,853

336956

2,1941,552

349484

1,9082,3039,9317,1911,082

3423,047

9271,1901,9472,8711,897

7551,827

19,260577

Capitalstock

175504025

1255,400

505025

775225225255085752580

20020065030011555

15060

105225210

• 12510012560040

Surplus andundivided

profits

5113113558

6,38828

31

76193

1851070

1158638134337

404160631171326395

19812921

1041,206

20

Circulation

47506

10124930

1325

4211811482550

19

15079

6212995914

1501079

1141691076273

39910

Totaldeposits

1,579358269437

1,329149,192

43130179

13,2994,5222,223

274784

1,9691,368

249385

1,5101,9878,1936,431

794230

2,674775941

1,5112,1871,535

4761,521

16,896488

Bills payableand redis-

counts

13027

14

58

376

63

4031

54

107

95

19

gn.W

o

o

o|

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 471: Annual Report of the Comptroller of the Currency 1925

Rio Grande _RouttSaguache. __!3an Juan _Sedgwick __.TellerWashingtonWeldYuma. __.

Total..

CONNECTICUT

Fairfield __HartfordLitqhfield ._MiddlesexNew HavenNew LondonTollandWindham..

Total

DELAWARE

KentNew CastleSussex..

Total..

DISTRICT OF COLUMBIA

Washington. . , , - .„. . . . . .

FLORIDA

Alactnia „BayBrowardCharlotte „_Columbia , - ^ ,Dade . .._„__„_._De SotoDuvalEscarnbiaHamilton 1HardeeHernandoHighlandsHillsborough

1221213113

137

1178714834

62

675

18

13

21111223211123

326744305117401390637

4,357638

132, 777

26,29039,3586,7376,54155,5058,2341,2563,029

146,%0

2,9375,5932,029

10,559

74,027

806961677421399

12,9831,385

47, 7523,535233386452926

20, 789

36302831978999146

1,768386

76, 717

20,3279,1813,4203,84220,4196,146821

4,359

68,515

4,0174,0521,403

9,472

35, 454

1,35216426855204

10,408578

19, 4853,722

51369693

7, 252

4811110619580755135

2,319403

67, 777

7,44210,7811,3881,47712,2172,345650

1,156

37,456

4971,316312

2,125

27, 018

735178688222137

18, 022809

27,6101,589

39'109301838

9,615

479913484633655

2,159999

9,0681,551

285.785

56,93763, 67611, 79612,35192,87817,4152,9138,780

266, 746

7,61111,4723,894

22, 977

147, 435

2,9331,3391,644725801

41, 6662,873

96, 8139,264330573888

1,93438, 397

50509050755095615120

12,865

3,5334,9661,0551,0696,7502,050250320

19,993

622813300

1,735

9,327

125250502550700175

2,6501,000

305050150

2,000

133506015226260274

12,297

4,8517, 522997808

8,5372,362402597

26,076

1,1451,502392

3,039

8,431

15486262258721155

2,18136611301751

1,296

2510151375

4438484

5,539

2,0222,334708894

2,889745196195

9,983

363651123

1,137

4,491

122125152137

1191,43463029

4916

1,093

386787262509448

2,037712

7,4381,188

253,283

45,27647, 7108,9229,37973,63812,1701,9057,630

206,630

5,3018,3292,975

16,605

122,390

2,513877

1,553654649

40,1452, 35490,1637,217236493771

1,71033, 893

183363

41

86381

1,112

8716915520158050155

2,583

17716188

426

1,728

6424

wo

Ib

o3

9

en

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 472: Annual Report of the Comptroller of the Currency 1925

TABLE JS"O. 62.—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State, April 6,

1925— Continued[Amounts in thousands of dollars]

States and counties

FLORIDA—continuedJacksonLake _ __ _LeeManateeMarionMonroeNassauOrangePalm BeachPinellasPolkPutnamSt JohnsSanta RosaSeminoleSuwanneeTaylorVolusiaWaltonWashington *

Total

GEORGIA

BaldwinBanks _..BarrowBartowBen HillBibbBrooks. _BryanBullochBurke

Num-ber ofbanks

2211211

**to

to

41211112I1

56

1112232111

Loans anddiscounts

694575908

1 0451,198

737726

1,147933

12 5734 4091 9712 952

3501 147

633521

1 273226198

125,921

375133639942

1,56512,348

859137547685

Bonds andsecurities

173264467656

1,687450

2743,687

2451 0791,821

21432613414639611666

56,855

17928

12434229339426847

11555

Due frombanks, in-

cluding law-ful reserve

and cash invault

115470908

1,3091,4601,013

1991,1651,5816,0462,525

3622,663

13779519814358616351

82, 781

7314

128365362

3,7341314271

346

Totalresources

1,0291,3742,3633,1224,4722,3061,5582,6732,850

23,1737,4383,4847,634

7382,479

992859

2,485523351

272,083

650207

1,0251,6762,468

17,1671,353

228791

1,096

Capitalstock

8575

100120175100100125100790475

5018050

1505050

1505050

10,330

7535

200200225850200

2510050

Surplus andundivided

profits

3546

12763

11156

1036026

1,0062991621423966

10255

1272021

7,840

652

10910621392312422

149130

Circulation

84754938

12199987535

2169047

16024474050993450

5,221

7425

10049

199

17525

10025

Totaldeposits

7991,1772,0882,8984,0642,0461,2582,3922,689

21,1246, 5482,4557,084

5912,216

800669

2,109415217

246, 867

436107CyO6

1,3211,801

14,699802156442865

Bills payableand redis-

counts

27

19

34

36

12

162

37

18695

52

tuOO

gHS3O

EPi

oHMteiod

io

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 473: Annual Report of the Comptroller of the Currency 1925

ButtsCalhoun---CarrollClarkeClayCobbColquitt...CowetaDecaturDougherty-EarlyElbertEvansFloydFranklin.._FultonGlynnGordonGreeneGwmnett..HabershamHallHancock. __HartHenryIrwinJacksonJasperJeffersonJenkinsLamarLaurensLowndes___McDuffie..MaconMitchell. . -MorganMuscogee..NewtonPaulding—_PolkRandolph..Richmond _Rockdale.. .ScrevenSpalding...StewartTaylorTerrellThomasTift

397124672

3,584115

1,011377

1,650444

3,763217547209

3,489350

65,2291,216578271135198

1,006199315441224504309149188504

1,4541,846266272241354

4,523210119426133

2,817181155722109255

1,034493692

8411117577171264

242151686451349

1,082339

9,9586111262231206618274602354251092820925415410010383234554335586369653411821272265567

62347896714216712161215011247324

1,07598

31,7552931911811521226613148496530586329524533980475061

1,5452026102136738

157112112113058111

562181

1,0435,818152

1,420531

2,179787

6,101401964256

6,076814

111, 2082,203967325260267

1,533334446586375846

1,072364262863

2,2262,391479348334771

6,974289187675226

4,411317357

1,059128308

1,511613920

75301006505510010037512545010012050

. 50080

5,950150755050302252575807525010050251002001259010040150

1,00050251403540075251702525300100100

759

133971896104727141031472274756

6,47824431899

1351139902198123611414010517148252568972208263723610116524023957103

73101004421474

14512543940806

49680

2,46115037

30100257S685013310011255919712525

2015020040

25254003025167

252004950

339107634

3,02649

1,150369

1,188466

3,904229665168

4,333599

95,4051,658823206202179

1,073273258348229366749243188542

1,3521,882316196250404

4,802150154459110

3,35414429663978196489356562

247559926

52

741

5110

62

19

102230387

21

29

2520

58

17222228450105

hi

SHO

H

H

O

o

HhiO

o

HW

o

1oKj

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 474: Annual Report of the Comptroller of the Currency 1925

TABLE N O . 62.—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State, April 6,1925— Continued

[Amounts in thousands of dollars

States and counties

GEOKGIA—continuedToombs._TroupWare;.Wa.shingtonWhitfleld .

Total

IDAHO

AdaBannockBenewahBingham__ _ .BlaineBonnerBonnevilleBoundaryCamasCanvonCassiaC l a r k . . . ••"•_"• . _ . . .CusterElmore - -FranklinFremont-.. ______.__.______-,.__.__.GemGooding[dnhoJeffersonJerome - - _ _ - - _ . _STootenaiLatahLemhi.. : . _ ._ ._ .___„ . . . „ . . . . , _ ._ ._ . , _

Num-ber ofbanks

221112

91

34112\21\52i\i

21\

Loans anddiscounts

6431,8481,128

425735770

128,496

7 7582 128

322570470

1 1701,044

271181

1,65843014891

390410505J39

54892

458639645

m

Bonds andsecurities

6836918337

579131

21,936

3 211655133104143465579103

5842424326

11156

10470

19313352

153282in166

Due frombanks, in-

cluding law-ful reserveand cash in

vault

87359167152

138

47,334

3 379544133101120260335376

ill134282335851

10620324

19517916660

Totalresources

8362,7431,795

6521,6601,129

209,196

15,1043,504

601858804

1,9382,203

4692P7

3,1078972|20

625529

268729947203910

1,1671,066

570

Capitalstock

6025020050

300125

16,140

8503Q02585

100100

2525

3251Q0

. 2525

100507530907540

10010050

100

Surplus andundivided

profits

51335S36358

130

15,500

6302351052416053168

952853

50861

2135

621543

Circulation

60190502598

100

8,496

8401225216925

12424

79

25

25

54

4675

481002099

Totaldeposits

6251,7641,364

5141,354

705

163,718

12,7532,958

535602580

1,7491,595

404138

2,539769

136450358502287572

149708952952281

Bills payableand redis-

counts

415097

4970

3,843

150

182

3563

46

87112

13

90

CQO

I8

ooK

%5

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 475: Annual Report of the Comptroller of the Currency 1925

LincolnIVTinidokaNez PerceO n e i d a ,.•-Payette8boshoneTeton - -Twin Fails

Total... _.

ILLINOIS

AdamsAlexanderBondBoone. . .BrownBureauCarrollCassChampionChristian _ClarkClay . . . .Clinton __ColesCook _ _ __CrawfordCumberlandDe KalbDe WittDouglas .Du PageEdgarEdwardsEffinghamFayette _ _.Franklin . _FordFultonGalatinGreeneGrundyHamiltonHancockHendersonHenry _ . . _ _IroquoisJackson .JasperJefferson.. _

21211314

57

12331633985336

46535365933563444736275614

26141

3,94521625Q

1,918231

1,638

29,178

3,3291,565

9091,191

8033,0781,5061,6543,4714,2731,671

813315

4,924636,718

1,796851

3,0461,5731,6812,7224,2191,093

8001,0052,718

9962,556

6961,9303,6251,1242,272

6785,3591,4632,129

4352,253

18414

57770

143887

42404

10,101

2,139817372558134920674

1,2811,5131,273

828336

1,1851,153

161,623540331

1, 021406770

1,3911,220

364422865

1,751938

1,513126830

1,750276475112

2,112502

1,467206

1,038

14120

8353784

80210

392

9, 245

80850015717073

742276306

1,4021,116

447181186939

260,776384126805336754660917106265245

1,007249778211253740202442

441,228

3321,117

126545

61386

5,580344577

3,732378

2,857

52,014

6,6613,0801,4741,9981,1084,9242,5193,3236,7217,0473,0791,4261,7547,368

1,099,1272,8441,3745,9602,3733,3474,9696,6301,6201,5582,2055,8262,2615,0721,1983,1406,2301,6753,488

9349,0922,3774,906

7944,126

7025

2003080

15050

325

3,915

500200165200100390200250395742250140125553

56,138225175325240295325555125100200270205325110305625105400125510200310

50280

407

24927

99

87

1,986

136141

7014474

4192113085053101953759

59953,824

16851

4322252632205846466

138334132490

54163698

7117041

873113258

46277

69

1972859

1172599

2,330

49365

140137100361196231287609199136119309

3,186153152219173272

8451612375

145190204297

97164661

7919799

377187234

49254

43354

4,934250334

3,366154

2,122

42,436

5,5012,6691,0941,464

6953,7511,9092,4965,5385,1932,395

9651,3415,729

936,6992,303

9914,9351,3632,5004,2755,7781,1091,3171, 7124,9641,3603,959

9092,3774,2771,3762,620

5117,2681,8354,081

6493,250

864

150223 be

1,238 g

O5 r

23 w135 H

14 o

7 §102 239 g

110 d179 g

28,692 M

p-,

10 O56 ^

196 ^140 S

54 -

26 S131 g

5 ^50 9

158 **364223

__ ,j^

-- - rnCO

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 476: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 62.—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State, April 6,1925—Continued

[Amounts in thousands of dollars]

States and counties

ILLINOIS—continuedJerseyJo Davies ._Johnson.KaneKankakeeKendall--KnoxLake -La SalleLawrenceLeeLivingstonLogan.MaconMacoupinMadisonMarionMarshallMasonMassacMcDonough.. . _McHenryMcLeanMenardMercerMonroeMontgomeryMorganMoultrieOglePeoriaPerryPikePope

Num-ber ofbanks

Loans anddiscounts

4291,192457

16,3141,690

1945,8624,507

13,6321,7093,9322,6733,9866,5242,8807,3981,8842,041601

1,3332,3371,3544,824549

1,806622

3,8443,757352968

18,4991,7191,995

245

Bonds andsecurities

461,475124

7,382

2,2003,4286,735955

2,3761,219985

5,8003,78710,8521,943610801819968639551235167739

2,0802,762106188

11,4421,07949492

Due frombanks, in-

cluding law-ful reserveand cash in

vault

3825346

4,38351046

1,2771,5323,094681706515749

3,4641,0085,381745355529221586290756107219204743

1,15777296

5,59943347555

Totalresources

2,990699

29,8223,018318

9,9289,71024,3543,5027,2784,5835,98417,1027,98324,5814,7303,1721,9662,4684,0162,3336,432940

2,3551,5907,0567,761582

1,54637,1793,2963,047414

Capitalstock

5025085

1,68017525530510

1,355245375265490

1,075420

1,09536524010018533015064012520575

79530050

1152,160

16526050

Surplus andundivided

profits

1235156

2,22831237

1,190583

2,096226582291644828562

1,4563092402263053531844071171239028369725101

4,20226548115

Circulation

258958

1,36612413

483418726150221250346

1,011236646289115

173317b81268410975

6242964985

1,87612414650

Totaldeposits

3871,793449

24,4082,406243

7,6678,14219,9962,8546,0823,6624,35214,0846,80021,7043,7232,5561,6391,6973,0161,9305,042610

1,8161,3505,1426,393458

1, 24528, 7782,7412,117299

Bills payableand redis-

counts

74 Wfed

180 g

:::: g57 hj

125 Ws II5414

1022

104

213

"102

14675

fedo

II

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 477: Annual Report of the Comptroller of the Currency 1925

PrattPulaskiPutnamRandolphRichlandRock Island..St. ClairSaline..Sangamon—.ShelbyStark --.Stephenson.-TazewellUnionVermilionWabashWarrenWashington..WayneWhiteWhiteside—.WillWilliamsWinnebago...Woodford_-_.

Total.

AdamsAllenBartholomew _BentonBlackfordBoonCarroll -_--CassClarkClayClintonCrawfordDaviess __DearbornDecaturDeKalbDelawareDuboisElkhartFayette _FloydFountain

431321114271285143543778474

1,528390397469652596

15,7101,8446,4791,940510

2,8264,0471,2317,9981,4534,248679867

1,7333,8139,1983,17818,8311,265

376164130602330105

12,1151,2792,49045263

1,1392,468855

3,5631,6631,6971,636415877

2,23611,8992,3827,495277

501 928,131

13332222254134422oo4123

66617,8491,232902741888654

2,9181,1361,3632, 097218

1,2461,4781,596971

4,788AQQ

3,0271,1602,7071,117

324,919

1457,173

15560

271165449

1,534404

1,11844943

7701,261

359115

1,616218

2,289560

1,173415

3268443241195122

5,946301

2,14827137831

1,237267

2,316574920393182472

1,1777,116972

4,340209

2,334712585

1,3661,239984

34, 7293,68511,9052,901641

5,1868,0482,48414,7293,9587,1272,7311,5563,3077,69528,9836,75032,8221,937

347, 201 1,667, 285

935,25120513114514611064918538634046440505540153

1,277120

1,088134393197

91632,1241,6521,1511,2181,4451,2375,3041,8183,0213,036316

2,5723,3472,6541,2868,114876

6,7831,9824,3101,845

2107550

100100100

1,81025080032550300590200

1,520225435225160295575965250

2,475200

93,953

1001,8001551251251301004501753004002525030035575700100365200400205

12639388680"47

1,7891203391272661095315178622870412081196592

1,630473

2,387111

94,679

221,54610810253118301941281521661428724515064485593466330685

30, 536

991,636

94349912994448175295376172392962505067075261198386203

1,778548496

1,077945784

29,3322,83910,3421,931494

4,1175,9131,904

10, 7703,1475,5722,0951,1272,5156,13625 5995^76726,1421,385

1, 391,494

26, 9141,246831941910

1,0124,1771,3402,2562,032260

1,7762,4771,8601,0926,259638

5,8071,3513,2051,284

5023

15

22080

21721

11518012516

"92337311115

500

8oH

ooK

33,898 O

15949 O58 ^

-105 g

"17 955 329 gsl 3

""I"170

"~68 !ft

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 478: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 62.—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State, April 6,

1925—Continued

[Amounts in thousands of dollars]

States and counties

INDIANA—continuedFranklinFultonGibsonGrant,.Green 'HamiltonHancockHendricksHenry . . .Howard _HuntingtonJackson

JayJeffersonJenningsJohnson - _ _ „„„-Kmox.._ ___„ ___„ ____,_„„,_„„_Lagrange „ ,._.._„„,.,.____Lak« ,__„ ,I»aporte

Madison _ „„„_.,„„.„_Marion. „. ______„„_„ „„„_»Marshall . , „„-.„MartinMiami. „ . - . - , . _Monroe „„_,_„.„„.Montgomery ,__„_.„_„„__,,,._Morgan __„,._,._,.,_NewtonNobleOfcio „Orange...., „...-,, .,__.,...„.,.,

Num-ber ofbanks

3263272443233123731

1233242132351212 1

Loans anddiscounts

8981,0373,1514,6301,0842,266

298771

2,2363,8881,9761,524

723527959858

1,8785,051

76312,2262,9111,4741,104

46,3661,357

1882,2682,2081,7772,027

202344425'624

Bonds andsecurities

438336820

1,07191054374

28948393558167285

1621,269

503470

1,52958

2,6621,148

39917,135

11137

3961,357

85752665

m186133}

Due frombanks, in-

cluding law-ful reserve

and cash invault

26117999856330336678

198584

1,03424247686

158368156406

773,681

915704230

19,837116

40543357225966

13776

262

Totalresources

1,6411,6185,1666,9672,4013,395

4801,3573,5166,2172,8652,7601,014

8702,6231,6442,9338,245

93326,5756,7743,4461, 7©4

88,3911, 679

2853,3294,0398,3433,045

335mi745

1,005

Capitalstock

17576

35050016032850

17533547522525022550

250160350730100

1,275475223150

6,6509025

240220300315

50106100105

Surplus andundivided

profits

18165

279390122177

1113544761492073428

28116720439728

1,273397256m4,987

16222

1881994842^

155$3173 1

Circulation

14975

32044714831549

1732944221242475549

24616029642150

858248220144

5,1789012

192218298284

4910

10039 J

Totaldeposits

1,1311,3983,9725,2951,9802,310

336884

2,4134,7002,3292,056

654744

1,8361,1511,9795,995

69321,8845,7402,7251,339

66, 5051,294

2262,6792,9622,2231,860

221510514848

Bills payableand redis-counts

5

51225

173

13266338

46

596

36563

1,198

953,212

29

1814415

201

wwoo

•8

13

waoH

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 479: Annual Report of the Comptroller of the Currency 1925

OwenParkePerry _ 'PikePorter,Posey ___,PulasMPutnamRandolphgipleyRushSt. Joseph.._ _Shelby I.SpencerSteubenSullivanSwitzerlandTippecanoeTipton....Union __.Vanderburg..VermilionVigo.._ "" ~"WabashWarriek_.I _.".WayneWbite A.Whitley

\\. Totalr iowAAdair ,.„..Adams »w—»kb-.Allatnakee ____ ,^* . ,AppanooseAudubon.. . . ,^. . , . . . ,Benton__Black Hawk__.BooneBremerBuchananBuena VistaButlerCalhoun_Carroll,_Cass__CedarCerro GordoCherokeeChickasaw

1343163342554122132133334711

246

%%1

346222

15332644

548643

1,344858806

I, STB967

1,469525328

2,0668,4451,772171960

1,108209

4,1071,510714

11,4621,0655,8362,1341,4044,781 j276950

217,566

7531> 169160

1,3871,0502,4769,2681,5901,695M242,410361

1,8441,7841,605810

6,2922,0012,312

92309876454194

1,030437576180393513

2,460621133324191144

3,133465222

9,867710

4,6091,123441

3,20155194

99,658

135421128600457303

3,1209346064053716

345668319142

1,602486570

85192SOB26714457710225222097494

3,1924665411524331

1,324209146

4,153336

1,947513239

1,293 i5578

65,040

18055251552298278

2,5744023163976591733935168492

1,819461418

7931,1962>M)i1,6451,2673,6521,5362,4531,038844

3,18714,9103,193367

1,5221,006399

8,9192,2481,09026,9012,15212,9183,9882,1469,751398

1,408

403,199

1,1722,1961,1462,7111,8823,41115, 5353, 2522,7142, 8283,705420

2,7372,8852,7721,13210,4383,1003,468

5010022510010027510022516555375

1,975325351001855052520050 :

1,500 i95 !

1,500 j45020072550100

31,948

110150100185185200

1, 0152501501753005023015017580460225230

2587108945413096148335637793841622113n294m1191 5 5 '•797182

1,3452861057682918

23,791

516626786613359695209290137

155101877642614193

3410019559982748020632532987682943575134504322005097279

1,27343620063750100

25,318

5898991334616839859146172191

1911708674425174229

576894

1,7241,3901,0032,9311,2401,681747678

2,13710,7281,933276

1,1961,168221

7,4391,550835

23,6281,7908, 6382,7911,5197,540

1,088

309,259

8261/871817

2,2881,5092,91013, 4242,8182,2082,1822,962235

2,1382,4832,368798

9,0242,4852,901

10815190

422019261

501169

39432485

n

100254676

102

8,699

1272

1032764

2531

11113522

521039540

8nofar]HBma

Ift!

©

IOm

ama

oo

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 480: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 62.—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State, April 6,1925—Continued

[Amounts in thousands of dollars]

States and countiesNum-ber ofbanks

Loans anddiscounts

Bonds andsecurities

Due frombanks, in-

cluding law-ful reserveand cash in

vault

Totalresources

Capitalstock

Surplus andundivided

profitsCirculation

Totaldeposits

Bills payableand redis-

countsQg

IOWA—continuedClarkeClayClaytonClintonCrawfordDallasDavisDecatur _DelawareDes MoinesDickinson __DubuqueEmmetFayetteFloyd _..FranklinFremont— ___GreeneGrundy_.____GuthrieHamiltonHancock.- _HardinHarrisonHenryHoward.HumboldtIdaIowa.._Jackson..JasperJeffersonJohnsonJones..

1582,5521,1117,4031,136

965714487743

1,8322,3295,1441,0871,4842,7391,2871,702

8681,0172,2353,2062,6013,1951,4481,458

410904191797

1,4392,813

9251,0181,527

31386636

2,07334736269

12698

373306

4,979190714

1,057464175194190349435403

1,0646033242142746858456496591

1,177229

17496500

1,7913353147951189325560

1,757104330

1,00332739922642147744464091758529017222937126236731243253156

2553,8182,33911,3751,9171,804909763

1,0512,5993,598

12, 2031,6502,6824,9392,2062,4351,3831,7163,3354,4063,9035,6322,8782,315

8911,543354

1,1072,2964,3601,7922,5622,028

25350125650190100556050100208750150225325140210100125235200250350190175751255065150250100100175

518210076010429311220107122492111861791561016010913428212227614071553763117419811110282

25224725201721005559409917343515014320611910762125188179200246178149744450505212199

175

1422,9442,0349,3091,4301,576710546939

2,2042,68410, 526

9402,1754,1711,8911,8371,0841,3232,7323,3643,2474,6962,4481,873687

1,271228961

1,8473,7911,4822,3601,448

57 W181 fej108 O•» g59 hj82 H

89 O

411 E

400 |

"« o17378 H34 W17 H

31684 O63 C}22 W13 g

20

"71

3O

149

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Page 481: Annual Report of the Comptroller of the Currency 1925

Keokuk__Kossuth ___._..LeeLeinLouisaLucas —LyonMadisonMahaskaMarionMarshall ..MillsMitchellMononaMonroeMontgomery...MuscatineO'Brien...OsceolaPagePalo AltoPlymouthPocahontasPolk...PottawattamiePoweshiekRinggoldSacScottShelby.—.SiouxStoryTamaTaylorUnionVan BurenWapelloWarrenWashington.. _.WayneWebsterWinnebagoWinneshiek....WoodburyWorthWright

Total...

3613127236244227153955543412215774624115661511

341

8311,862887

14,826205

1,5792,633962

1,9973,6982,0401,3071,425273527

4,190794

2,976779

4,7132,4412,7831,76726,4694,4612,162100

1,4816,810592

1,6853,3443,2121,4551,408770

2,641334

1,0581,2106,0072,399402

19,611436346

244,204

361308546

7,844532905733712055802172049056230476128982431670166714177

10,2052,127401125412

2,1931522966979822747752

1,44330129312

1,71339188

6,01965155

75,859

344297691

6,5386526647622352351666218949091262866271834402804445

1,177207

9,3201,77142486246

1,644152548662825388635115

1,554153157133

1,41431557

8,109131112

70,790

1,7502,7362,23529,839

3662,2493,9811,6562,9215,1803,1111,9042,883452

1,1413,3681,4434,8501,2886,5543,3274,8452,25247,1218,9073,267332

2,24812,167

8062,6735,0885,1752,1452,6991,0055,876566

• 1,4201,8759,8813,509584

35,625687630

414,165

165190150

1,0505015036525025033522519015075125445100375100450180255225

2,72542017525190550502104104301502851255255010024058530050

2,0505050

26,443

691071639242596133622073498711022522473609218987415195271114

1,535227106331176564315022916892146303871610827889108217922013

17,675

12419345

1,0225097334250503295990752570371252482531310518699581400139241495451313133538111016632424

9822957727450

1,0635050

17,664

1,3751,9671,87426,599

2421,7872,9551,0942,3693,7802,7391,4722,433329899

5,1321,2253,7951,0674,6482,7744,1321,25141,6707,7842,757250

1,68610,017

7012,1743,7424,1441,7782,092723

4,541500996

1,2897,7982,511441

31,526567517

343,289

16283

120187

45367

25

38

2421063372

245

90

104

29851141094

118892431423180

7,188

gnoH

soI

Iohrj

H

Wod

3o

Ox

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 482: Annual Report of the Comptroller of the Currency 1925

TABLE NO, 62,—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State, April 6,

1925—Continued[Amounts in thousands of dollars!

States and countiesNum-ber ofbanks

Loans anddiscounts

Bonds andsecurities

Due frombanks, in-

cluding law-ful reserveand cash in

vault

Totalresources

Capitalstock

Surplus andundivided

profitsCirculation

Totaldeposits

Bills payableand redis-

counts

KANSAS

AllenAnderson.-Atchison.Barber , ,Barton __BourbonBrownButlerChase...Chautauqua.._CherokeeCheyenne __.ClarkClayCloud....Coffee....Comanche n__.Cowley.. _.._.CrawfordDecatur _Dickinson..-

Douglas ,

Elk_..__~"III II'Z.Ems.- . . .EllsworthFinney _.Ford.FranklinOeary _.

OreeleylllllZIIIZZZIIIIIOreenwood

830532

1,864457

1,8431,356

8682,168

761753

1,094220548

1,033992877180

5,5163,7121,2161,438

4832,905

266973547

1,120862923

L5671,495

13074

1,288

285

57789

771635153582108176665685

35223151628

1,2641,322

25741011876969

207497644

2171,045

35092

192

244177

1,15879

63148325472290

215780

157562394506100

2,9821,873397672140

1,279241393262315159494

1,0405345824

557

1,414896

3,727673

3,S062,3681,3813,7431,0911,2702,631418770

2,0881,6851,965

33110,2627,2701,9312,647

766h, 132

603l,«7i$541,6251,1511,7373,7382,555

210106

2,140

10550

30050

375100130150175im1752575

15017512525500500125200753O055

2001251251001302251752525175

643518029108120412417769122

105501002526910010512675131149

38220107532646250510918556394446513Hi21369721971

12546100253942851241473129754161

252569222173

107

1,139761

8,062669

2,7512,0481,1043,226653853

2,181364657

1,5941,3581,686255

8,8965,9721,5722,115605

4,083450

1,117806

1,363966

1,5003,1891,98817880

1,733

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 483: Annual Report of the Comptroller of the Currency 1925

HamiltonHarperHarveyJacksonJeffersonJewellJohnsonICingnianKiowaLabetteLane __.Ireavenworth.LincolnLinnLoganLyon __.McPherson...MarionMarshallMeadeMiami.Mitchell,Montgomery _.MorrisMortonNemahaNeoshoNessNortonOsageOsborneOttawaPawneePhillipsPottawatomie.PrattBawlinsBeno._RepublicBice.BileyBooksBussellSalineScottSedgwickSew-ardShawneeSheridanShermanSmith

142226122414211314523182152123531542132224231614134

168757743462270

1,032451467422835215

3,463393135357

2,820279721647338

1,787754

9,319486142

1,302905410949702

1,072819574

1,013995665155

2,329712363

1,272906356

3,280338

18,398333

5,027249781

1,000

79530371639048117915210332258

2,653157251458553324105183560161

3,9851931

4212999917711229523730514731256042

1,085132763901786965928

7,47532

4,98586132271

525336201719155523615524534086

2,063143297094763262201133689296

3,14721459459369143586371227318182463366190137

1,231205173610390124

1,18362

11,966123

4,164142299380

3161,9441,851728498

2,180927814834

1,723371

8,303747200461

4,429428

1,4211,018683

3,0931,24117,471

913224

2,2981,660696

1,7631,2371,7991,4401,1461,7171,7761,488373

4,8351,103640

2,4921,627587

5,798435

40, 538533

14, 575497

1,2611,720

502501007550

225507590

12540

425502540

32550

125150

5022575

1,0157525

1981252512510020513510017520013025425901002002159042550

2,5255090050100125

1549107372315757121348364714912422641110857667277845856

148153377046114962312967226

18630271271162233921

1,346273066870121

241129965017549

108725323506103215062

491747571971

163124251007617411450929926

903415011465224255024594505068

2271,5331,543609375

1,623769701694

1,453270

7,022598157369

3,368317

1,126812518

2,6221,01414,776

682193

1,7891,258610

1,4671,0161,2831,094973

1,3111,4101,801342

4,221887478

2,0151,181410

4,797339

35,963431

12, 752328

1,0411,403

8 *tl

= iO

166 ^•--- .w

III ao

"23 #

::: :§H

10 tfl

::: Io

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 484: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 62.—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State, April 6,1925—Continued

[Amounts in thousands of dollars]

oo

States and counties

KANSAS—continuedStaffordStevens, _SumnerThomas _Trego,WabaunseeWashington .Wilson.WoodsonWyandotte _

Total _

KENTUCKY

AdairAllenAnderson _BarrenBell .BourbonBoydBoyleBrackenBreathittC aid wellCallowayCampbellCarlisleCarrollChristianClarkClayDaviess, .Fayette

Num-ber ofbanks

3141135213

256

11242142212121212124

Loans anddiscounts

1,196103

1,14512373

4331,039

699159

7,244

125,473

262334

1,6532,4781,785

6996,7321,2501,039

4181,562

7252,816

2541,832

7502,338

3352,898

11,258

Bonds andsecurities

1142

29437

20010148815029

2, 746

45,862

4371

277582234387

1,548948640106922260

1,51427

41713961771

1,1373,488

Due frombanks, in-

cluding law-ful reserve

and cash invault

49021

3766855

265433312124

3,007

59,425

73140272402444142

1,32532130069

46132938473

19829143070

5582,113

Totalresources

1,870139

1,905246331840

2,0261,232

31713,386

243,598

395574

2,2473,5452,6421,252

10,9702,5712,000

6343,0741,3414,835

3662,4741,2413,502

4944,850

17,799

Capitalstock

10025

2004050

10012510025

825

17,658

2550

225285200100

1,07520010050

37550

20025

16010030050

4632,250

Surplus andundivided

profits

1173

1049

1341886719

338

11, 216

748

37918515413267629320515

19362

46730

14138

37331

3721,545

Circulation

62

90

44679925

812

9,956

25

18923912199

1,0121007248

36049

19825

11474

29237

4541,998

Totaldeposits

1,590111

1,500197269655

1,745965249

11,402

203,028

271512

1,4502,7862,116

6447,5061,9271,617

4622,1301,1773,750

2832,0201,0292,459

3753,489

11,145

Bills payable feand redis- Q

counts &H

<*>

___ ___ - O

^

M

o587 M

Q

§50 H50 P

275 fed64650 2

CJ59 &

fetj

219 23 0 *<

32574

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 485: Annual Report of the Comptroller of the Currency 1925

Floyd..FranklinFultonGarrardGrant..Graves.GreenupHardin _HarlanHarrisonHart.Henderson. _.HickmanHopkinsJeffersonJessamineJohnsonKentonKnoxLameLaurelLawrenceLetcherLincolnLogan,,.McCracken..MadisonMagoffinMarion.Mason..MercerMontgomeryMorgan.Muhlenberg.NicholasOwenPendletonPerry.Pike..Powell..PulaskiRussellScottTaylorUnionWarrenWashington..WayneWebsterWhitley.

Total..

12221221422112421522223322413123121211414121121133

139

2221,317743580454

1,581602

1,6221,6231,591436

1,477224770

67,525654

1,57111,3221,2331,044616

1,1551,6191,206394

4,9042,210480

1,4331,1881,2581,363293

1,415119752201

1,1002,850337

2,992176

1,254272360

3,097426206592

1,441

173, 718

2471,150230259105570253190516557116277102518

18,500159386

2,63980232122188540224106

2,018704657923882602402790419012823711044921960230183711684628261403128

50,615

11426825223135622213216544255111263114386

21,986210300

1,452131142245322456198152

1,65149585194

1,406229506343789079701305045951032319521044589031320438

45,877

6042,8231,2571,093604

2,8671,1012,1012,8692,471700

2,132448

1,710109,6531,0572,31915,8981,6061,4801,0051,6852,6751,717678

9,1453,506642

2,4893,0551,7912,207358

2,741404994520

1,3854,028617

4,231247

1,867398691

4, 206611307

1,3552,120

279, 274

2525013010050250100150275200502005075

4,500125200

1,100801355080150150504503502530015015020025902512360100450253252512525100375502590100

18,571

313909115946404601049226532722626

7,261127238

1,06514846541521801774252430335224127106334312033271983216592615

150132530889257799

6247130100502303750210196251004974

3,61099200

1,0863711450791501505039829325297113991472579

123201003042527125125259733750259071

5421,921889725423

1,927899

1,7752,2541,779593

1,602323

1,51591,579

7011,62512,3441,3151,185850

1,3662,0971,213535

7,7242,550558

1,4682,6611,4281,496277

2,276348651430957

2,876508

3,292192

1,452336466

3,177421222

1,0981,838

20, 070 15, 799 217,827 4,705

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 486: Annual Report of the Comptroller of the Currency 1925

TABLE N O . 62.—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State, April 6,1925—Continued

[Amounts in thousands of dollars]

States and counties

LOUISIANA

Acadia *.._Allen... .BeauregardBienvilleCaddoCalcasieuClairbomeDeSota .East Baton Rouge. . . .East CarrollEvangelineIberia..Jefferson Davis . .LafayetteLincolnOrleans...Ouachita. . ._RapidsRichlandTangipahoaVermilionWebsterWinn

Total

MAINE

Androscoggin >>_AroostookCumberland -- _FranklinHancock . .KennebecKnox .L inco ln . . .Oxford

Num-ber ofbanks

11124311111421111111111

33

378324543

Loans anddiscounts

714220

1,231662

22,65711,903

990259

1,955236134

1,557697

1,146642

26,2362,645

105152354643490379

76,007

7,2665,470

19,072906

1,1315,8132,0681,6571,284

Bonds andsecurities

1831949

1294,256

512180

238825928

1,116' B16444

5,566239

214

193102892

13,543

6,6671,081

10,6841,2841,9737,0884,8221,4671,907

Due frombanks, in-

cluding law-ful reserveand cash in

vault

11512728879

8,1682,474

88234

1,05335016

45867

218301

8,8685365861

18410310042

24,582

1,311660

4,785325269

1,084692324412

Totalresources

1,040376

1,655991

36,45016,4522,179

3033,830

889187

3,301861

1,6751,018

45,5654,661

179248824881717440

123,722

15,5977,766

35,2112,5713,429

14,4647,7693,4983,686

Capitalstock

10025

100150

2,3501,225

15050

1505025

40015020050

2,8006005025

100505025

8,875

800440

2,000150100650405175150

Surplus andundivided

profits

61134734

1,16139710415

258109

553819

11266

2,683348

67

33134

824

6,181

1,308717

2,393186221647448264281

Circulation

100

2556

1,24922030

1494923

248

9723

1,505112

12983248

4,076

616161

1,5959062

58536012088

Totaldeposits

699337

1,481654

31,21512,6051,890

2383,271

678117

2,095460

1,125878

33,5193,126

101204484665611371

96,824

12,6585,937

28,5522,1462,947

12,2536,5012,9193,137

Bills payableand redis-

counts

80

96

928

1820

230140

3,018

22

70

20

4,642

100475514

100320

1010

OOo

g1

Wwoo

K

owofctj

HW

"Aa

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 487: Annual Report of the Comptroller of the Currency 1925

PenobscotSagadahoc -Somerset. __Waldo- _..Washington _York. . . . . . . . . . . . . . . . . . . . . . . .

Total _

MAEYLAND

AlleganyAnne ArundelBaltimoreCaroline.-.Carroll _Cecil.-._ . . . .CharlesBorehesterFrederick !GajrettHsrford.Howard _.KentMontgomery.. _ _Prince GeorgeQueen AnnesSt. Marys __.Talbot.WashingtonWicomicoWorcester

Total

MASSACHUSETTS

BarnstableBerkshire _BristolDukes __.Essex. __FranklinHampdenHampshireMiddlesexNantucket-- _Norfolk...PlymouthSuffolk.Worcester

Total

222229

58

9116275,124551164211614

84

311112256114281871623158

5,242934

2,0652,397589

7,153

63,047

10, 7102,11396, 8221,1523,0091,766288

1,1594,8781,6072,903730616

3,1413,1971,386923

1,2414,6501,6792,044

145, 914

1,79412,09946,306

98037, 8235,48947,9067,47840,898

4884,2U13,110500,49649, 363768, 441

4,1822,9782,7222,6732,1945,208

56, 930

4,098637

45,628248

4,0103,011369595

8,0781,4761,728833748

1,5611,192491563

1,2733,573391614

81,117

1,38810,96116,855

51424,1703,02120,8342,73632,379

2027,7398,933

101,92328,098

259, 753

1,059405285319209

1,627

13,766

1,837297

37,18613951040479190

1,07937852499119556449111119183

1,024306336

45, 925

3842,8817,513133

8,154939

9,0741,6139,089149

1,5373,061

123,8839,560

177,970

10, 8044,3695,1&65,4423,04914, 360

137,171

17, 2583,190

187, 5871,5947,6795,415753

1,99614,2323,4945,3231,0831,5575,3754,9232,0961,6862,7789,6502,4223,231

283,922

3,61626, 60572, 7951. 675

73; 2289, 667

81,84012, 03881, 954

88013, 99525, 716830,39588, 978

1,323,382

500525200250200825

7,370

690252

12, 215125552225251104002252651005032516515050200505100300

17,029

2501,4754,420

754,205675

4,050750

4,400100802

1,73545, 6004,48073,017

711624534304141

1,254

10, 033

1,527232

15,69018266350752131

1,1193173921385641529314787241939247241

23, 616

3033,2546,324149

5,8031,0866,0441,4134,976

87960

1,94851, 7675,40989, 523

477468199107147494

5,578

58795

5,6847250422021107382225182491321412538252004994999

9,388

173837

2,97875

2,361663

1,833345

2,83349488488

2,4363, 58419,143

8,8702,7064,2144,6972.560111 541

111, 638

13, 9572, 595

149, 2311,2045,7944,311655

1,64812, 0782,6694,4281, 3961,3644,3564,1811,6411,4822,1377,6872,0092,480

227, 303

2,82720, 46754,1771,274

59, 8717,080

68,0869.48368, 741

61911, 59021, 392639, 21073, 684

1, 038, 501

24744

246

2,066

480

2,52911150141

1575555

756514212140

20

108

4,149

63456

4,59085865161

1,593258152514550

33, 8621, 656

44, 391

3HO

woQ

g

O

o

3o

wwtel

OO

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 488: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 62.—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State, April 6,

1925—Continued[Amounts in thousands of dollars]

00

to

States and countiesNum-ber ofbanks

Loans anddiscounts

Bonds andsecurities

Due frombanks, in-

cluding law-ful reserveand cash in

vault

Totalresources

Capitalstock

Surplus andundivided

profitsCirculation

Totaldeposits

Bills payableand redis-

counts IMICHIGAN

AlgerAlleganAlpenaBaragaBarryBayBerrienBranchCalhounCassCharlevoixCheboyganChippewa...Clinton...DeltaDickinsonEatonEmmet. AGeneseeGogebic.Grand TraverseGratiot...HillsdaleHoughton _Ingham....IoniaIron _JacksonKalamazooKent... _Lapeer..LenaweeLivingstonMackinac

912830

1,319405609

3,3325,0342,176

11,666850261416

1,238318

3,3492,1841,093

4842,6793,1741,060

778979

8,8159,3461,6851,1467,6938,440

19,931642

1,449372422

465142

1,321

2,8992,9371,490

11,329765199692773134

1,5022,567

685817

2,6733,526

434395172

6,5426,164

1841,9372,5222,8796,863

236747252560

219178229102136678

1,382560

3,65124539

10538474

962634247222485

1,185198162102

2,5373,300

396492

1,9731,9107,098

225319101206

1,6801,2402,999

7841,1577,1229,8754,381

27,3991,891

5591,2492,453

5755,9935,7312,0821,5566,3798,2131,7781,3501,318

18,40519, 6422,3643,747

12,82013,91535, 8791,1582,709

7301,209

10050505050

400530415

1,2001005050

10050

2502751501002004501006055

950850100300550800

2,10075

21010050

149219325

131281371309979942

489867

24021612673

494289496232

1,4531,339

108115501634

2,22187

1062370

49496

50190460395

1,164705049

100

2191009496

224

5953

83585098

15754899

1,96925

183

1,3471,0162,807

703925

6,2258,4633,221

24,0561,597

4571,1022,141

4435,1664,8441,7061,2895,3727,2501,5991,1491,178

15,15016,4862,0583,163

10,94912, 273

50

9702,176

6071,033

u104 g

7.1 oo

"50 ^35 H

~30 O

7.11 #

-56 §

217 H

- 1 5 *20 O

. . . . CJ

:;;; I212 a429

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 489: Annual Report of the Comptroller of the Currency 1925

MacombManisteeMarquette..Mason _Menominee _MonroeMontcalmMuskegon -OaklandOceana _ -OntonagonOsceola.SaginawSt. ClairSt. JosephSchoolcraftTuscolaVan BurenWashtenanWayne

Total _

MINNESOTA

AitkinAnokaBeckerBeitramL _._BentonBig StoneBlue EarthBrownCarltonCarver _CassChippewaChisago _ClayClearwaterCottonwoodCrow WingDakotaDodge _DouglasFairbaultFillmoreFreeborn—_GoodhueGrantHennepinHouston

31513113412325311334

124

3143358334211534563387443101

971577

6,559949

1,1421,270256

7,3834,830270455

1,5467,8693,7871,430362133693

2,979121, 851

270, 399

1,124850

1,6861,055882

1,4147,100994843824312714430

2,516623

1,9471,9664,3281,2201,6001,9892,2742,6072,235734

128,864202

566523

6,391483

2,1041,150186

3,8402,696326250646

5,2293,1615921517

7952,08034,092

130, 720

547113516714125472

3,160631

1,4311,0073006861530159

1,0401,3692,326428362644

1,276994

1,428259

45,78877

203148

1,76623258720925

1,5041,135107121195

3,1881,2742088025120589

39, 495

81,947

385166354326121645

2,0332314311971431153454099328602

1,070224256600607682467170

46,23827

1,8071,29715,0371,8663,9482,683486

13,8579,649710903

2,44317,0248,4962,306660175

1,6545,862

205, 245

606.450

2,2171,1702,8362,2301,1892,674

12, 8681,9802,7832,057807

1,037556

3,827963

3,6604,2157,8971,9732,3913,4294,3434,4784,3091,250

230,189330

11610060010032520050

1,0506013075110

1,30029018510025150400

9,100

25.827

100501651257512568511515010050505026075165205535120150285250240350125

11,75025

894

90935139

' 1036

1,051293545183

1,55034812213979329

10,662

26,835

113774362950411681147020101012415243130197768312515314623637

8,99527

7425582100297494980053329494937423018360661293

1,100

13, 557

25131649325110515115119744229491657513414569110149189243203158

12

1,5121,16812,8331,6253,1442,282381

10,7558,105597708

2,17513,6917,5251,770486135

1,3434,798

182, 404

435. 244

1,9791,1012,4131,9711,0602,38911,2471,6822,3821,812694947418

3,234794

3,0673,6907,0541,6672,0092,8283,6743,8883,5471,020

204,064266

10

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Page 490: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 62.—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State, April 6,

1925—Continued[Amounts in thousands of dollars]

OO

States and counties

MINNESOTA—continuedHubbardtsanti.ItaseaJackson3KanabecKandiyohi.Kittson_.__KoochichingLac Qui ParleLake._Lake of the WoodsLe Sueur _Lincoln. _LyonMcLeodMarshallMartin...Meeker...MilleLacs.. . _Morrison „Mower..Murray.NicoUetNoblesNormanOlmsted.Otter Tail...Pennington,. . _Pine. . .Hpestone _Polk..Pope.Ramsey,, w . _. »BedLak?;. __RedwoodRenvitte_. .

Num-ber ofbanks

13g5

x21221167

C624

101256517438125537122

Loans anddiscounts

366911

1,2922,058

4571,065

409470716376290

1,6442,3663,7191,1521,1803,4621,239

3671,9703,7081,167

3251,812

9633,0662,790

365437

2,2271,812

61064,197

177671562

Bonds andsecurities

300305

1,73762916636137

onq17144773

1,293455944600235

1, 522240254

1,1882,206

206436350352

1,6302,445

318222555814224

36,46010697

161 1

Due frombanks, in-

cluding law-ful reserveand cash in

vault

11015353723513215043

2381559486

454616712332202694123178425946256136309497

1,11293684

135569574104

30,47423

175127

Totalresources

8131,4733,8323,352

7921,733

5661,147L128

944487

3,5203,7275,8282,1601,9176,3841,776

8373,8197,1051,925

9442,7461,9286,0656,478

871838

3,6653,4891,029

135,007320

1,100985

Capitalstock

5010022530625

1256075555025

1751852451001754807555

22528012550

2101252003505075

18021085

6,12525

12050

Surplus andundivided

profits

1718

163872630201958221176

1311473855

172412280

4535857

10770

279177241686347

6,2875

1821

Circulation

2598

17914925

1242542554924

1121851707575

2987454

2062366815

14281

1143455049

14519135

687255031

Totaldeposits

7211,2573,2432,791

7161,454

4301,012

961823425

3,1423,2275,2351,9301,4215,4211,586

7023,2816,1371,664

8222,1241,6525,4675,604

741698

3,0853,050

901119,709

214913838 '

Bills payableand redis-

counts

1020

31

28

1918

24

10

163

167

12148

44

nwisoo

3o

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Page 491: Annual Report of the Comptroller of the Currency 1925

RiceRockRoseauSt, LouisScottSfaerBibleySteams __ __.Steele - - -StevensSwiftToddTrayerseWabashaWadeaaW&seea"WashingtonWatonwan _.WiikinWinonaWrightYellow Medicine

TotalMISSISSIPPI

AdamsAleorn—BolivarChoctawClay...OoaltiomaForrest,HarrisonHinds_JacksonJones.. „_,.,._..„,..LafayetteLamax, _LauderdaleLefloreLincolnLowndes.,. „ _ , „ _ _ __„,,..Madison .Monroe. _PikePontotoc. „..WarrenWashingtonYazoo.

Total

43219421832383243233333

327

1111112231211

-» t

o to

2x11

511

36

4,3752,656

39,3981,041481229

5,0552,152467679

2,00386$

1,1951,4701,6472,5101,316821

3,2511,139979

355,859

9391,13828791442

1,6414,4983,5234,080582

4,046144535

6,8053,351822

1,244396390459397

6,0081 399569

44, 687

1,78417194

22,90$984188161

1,4751,28825842076642555977371$

1,448330104

2,686365374

162,042

7804943:

206647

1,0683,0032,128472694390265

1,037352294835181505326374

4,114243602

18,608

1,14235573

14,679!243

n56

1,045693186157576251354551344519236

1,085187263

122, 507

4131003®46151410

1,1291,4853,0241459949396

1,96151824575626432930651

1,708185666

15,114

7,6723,333

79,3442,346804483

7,9444,639975

1,3873,5191,6232,1402,048

^57$2,0481,3147,4231,7811,742

669,917

2,2661,075385171831

2,8656,8298,16510,7931,2596,034648929

10,0814,4201,3762,043863

1,2551,115879

12,3011,8611,850

81,499

45517555

7,077125502660022565752007575200225375155100350105100

38,333

10010085251005004503506007520050504104501002006510050125850100150

5,285

31411810

5,690

so161520662223311946768811028776254691675

28,484

164229

80123177146696183361048530247661206865388

85423765

4,127

3248240

2,207612025210223507517457751509917012443229!51100

14,828

3425

50

2453492937419430502482947514850984912533610025

2,892

6,5752,918497

63,9092,044705418

6,4944,100836

1,1593,0261,4451,9042,5092,4553,7171,6671,1466,3421,6091,468

581, 237

2,0031,125199148597

1,7205, 7097,2319,0691,0575,292557764

8,8412,8761,1352,474668989928605

9,9601,4241,602

66, 971

40

351014

427

45

25

25

2,088

9467

44721640

33

45553

234

1,729

gno

W

aQ

3o

Io

H

wam%a

00

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Page 492: Annual Report of the Comptroller of the Currency 1925

TABLE No. 62.—Principal items of resources and liabiliites of national banks, arranged alphabetically by counties in each State, April 6,1925—Continued

[Amounts in thousands of dollars]

00

3

HWH

Q

States and counties

MISSOURI

Adair —_ - -Andrew _AtchisonAudrain -Barry _ _BartonBates .-Boone _-BuchananCaldwell - -CallawavCamdenCaDe GirardeauCarrollCassCedar __ . _.CharitonClayClinton - - -Cole -CooperCrawford _ _ _ _ _ .DaviesDe KalbDentDunklin - -FranklinGentryGreeneGrundyHarrisonHenry .^Howell - __Jackson

Num-ber ofbanks

211133134312222112211111121221331

12 '

Loans anddiscounts

1 26034128639096250172

1,77420,0461,134

542277824823319406295635

1,3182,0041 134

242268243153311154459

6,670380661

1,128432

86,121 '

Bonds andsecurities

4265648

186349413

11,0662,541

207116122349205785224

267225

1,4262413027533016

596138

1,583175153202169

24,970 '

Due frombanks, in-

cluding law-ful reserveand cash in

vault

3428280

23526023716

5138,747

1705741

2391651006124

24116335920645495728717582

3,22317294

300161

45,443 •

Totalresources

2 088508423825

1,6481 214

1033,505

31,9121,614

767445

1,5291,244

529539361

1,3221,7893,8911,700

328358360232483830716

11,623776969

1,705790

159,622'

Capitalstock

150505050

13515025

2501,100

25510050

14015060505075

15020020025255025902580

60075

12515050

7,350

Surplus andundivided

profits

1079

56704134

4651,217

106403624

130261116

172154121833229574

164155

2223669

10539

6,636 1

Circulation

147504450

110149

2475111609825

13016501225

122197175

62550127

801967595

15013

1,724

Totaldeposits

1,666399265655

1,36188158

2,34028,5751,021

371307

1,358825426364261

1,0501,0113,3731,242

265269203191311765501

10,605590615

1,285689

143,409

Bills payableand redis-

counts

9

2010030072

15827

22

322

10

60

6515

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Page 493: Annual Report of the Comptroller of the Currency 1925

JaspsrJohnsonLacledeLawrence

05 Linn^ LivingstonJ£f Mariond Moniteau,° MonroeI Montgomery..*g Morgan2£, Newton

NodawayPemiscot.Perry

co Pettis._._10 Phelps .. .Polk....PutnamSt. Charles....St. ClairSt. LouisSalineScotlandScott..StoddardSullivanVernon..WebsterWright

Total.

Beaverhead.Big Horn...BlaineCarbonCarterCascadeChouteau...CusterDanielsDawsonDeer Lodge.FallonFergusFlatheadGallatinQarfleldGlacier

6211141111122213112111511112211

131

21321512241153311

3,841403205283413

1,96863228732625628667985852386

2,926498156516625268

201,30212175254256622

1,415150210

353,005

2,45443384960481

5,13360

1,27030498560686697

2,3241,65112667

1,5753206814118430

1,462141300436216713380197351714626662829

63,23225388147575442514

107,526

1255416647323

2,551473641685904209

2051,1636433134

1,55213680126686953027569205525221937226

1,119794120375110

74,455608955871265231326

143, 255

1,0877226715329

3,4972537898502264265597505704221

7,271880368569520

3,2722,428515728340458

1,2021,263999136

4,915783270

1,0131,377423

348,629188255422507895

2,569204276

620,423

3,724616

1,4851,303145

12,152148

2,197671

2,1921,342129

1,5564,5363,272206138

55010530502528520050707550751257525300502510010055

505050501202002525

41, 796

22565155105256052518555200100252554752352525

333961719381921754961175

10462475

50966133112132

14,65622022303383210

27,109

2201680482

3913

113588422391543301

54855

15284

507410649

50259910012

9,794

212549451972312

17,018

2752560301250

6044676

3,204487

1,2181,091111

10,87395

1,839579

1,8831,151101

1,1673,4462,63118098

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Page 494: Annual Report of the Comptroller of the Currency 1925

TABLE N O , 62,—Principal items of resources and liabilities of national banks, arranged alvhabeticallv bv counties in each State, Avril 61925—-Cpatinued

[Amounts in thousands of dollars]

£0

States and counties

MOiJTANA^-continuedHfll—Judith BasinLewis & ClarkLincoln. _ *Madis.01}MeagherMissoulapark'PhilipsPonderaPonder RiverPowellBajalli.. . . . . . . .RicftlandRooseveltRosebudBanders|3heri<jlanSilver Bow. . _ .Btillwater.-. . . . - --__._.Tetpp.TreasureValley . • .WelcomeWfteatjandWibau*. . .Yellowstone

Total , p

Num-ber ofbanks

132\112132iii

8ii2i221

1223

85

Loans anddiscounts

185334

3,53325799

199M412,455

38140787

,469lit30506112418$118

4, m32119384

ell197in281

2,781

39,559

Bonds andsecurities

115104

2,2464131

2351,723

454}378427

15760

17518253

125131

5,07555

132130568

i6?79

1,252

20,505

Due frombanks, in-

cluding law-ful reserveand cash in

vault

143102

1,827342581

1,3441,203

100"M$3

1603t

1687175,33

2,300

8978

427142945

1,131

18,15Q

Totalresources

491622

7,778362181530

6,4294 154

749618104$23261726767258411

11 958,449439SOQ

i,m230271461

5,491

82,800

Capitalstock

5090

450402550

400100140}0035

1005055

10025255.0

300507525

175255Q

100325

5,785

Surplus andundivided

profits

87

38912

5624S248

916

404

1220

10S

6202

167

10375.

1Q13t

3,529

Circulation

4520025

'25284

251519

1%3S

2535

20025

1QQ

266

148

2,475

Totaldeposits

433478

6,739295|53399

5,497

466374

75671^43594635233350?1Q

10,75S335348268

1,438186187329

4,865

70,394

Bills payableand redis-

counts

120109

276211

7

37

134

1614

510

iHteioo

S

w

o

i

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 495: Annual Report of the Comptroller of the Currency 1925

NEBRASKA

AntelopeBfcone..Bo* ButteBoytU-.BrownBuffalo.,.Btlrt_____BtitlerCass__CedarsChasa____Cherry..ColfaxGinning...Dawes.P ixon .^ .Podg6.t>ouglas_FurfiaSGag®____GosperGreeleyHallHamiltonHayes. . . .HoltJeffersonKearneyKnox.Lancaster..LincolnMadisonMerriek..MerrillJNaaeeL" —NeinahaOtoePhelps_,___Pierce__PlattePolk.Red WillowRichardsonRockSalineSaunder§Scotts BluffSewardSheridan

2,841184

1,2131,813446215

2,6822,8511,341842

3,148159310590

2,5561,135715

8,10066,354

4902,135207464

2,561946148

1,2901,037642

1,79016,034

8353,70750197

1,151694

1,2461,275449

2,268665825615126999

1,7011,4681,2211,020

1,000581652076938160683301167561273340804117128774

16,28934905278

88717044853287102120

5,16317870330124343288949294454871554551444

53843112747098

90S4130647511422540421410145525785587500182174839

31,3741617901094065013134804492373254

7,1135228781064142737996353810059736052137014408301795397477

5,16&297

1,8012,356872330

3,6013,6612,1411,2394,704279454756

4,0371,4921,1126,172

119, 501709

3,964351554

4,2281,321246

3,0061,9191,1632,35029, 6121,6285,864688287

2,0471,4043,2552,183664

3,7091,2311,8951,163151

2,0242,6792,6092,2471,677

40050

1601257535

175825175125450238550

27512580

5506,150

253002525

24010525

175100125175

1,7901255505050

20013527511040

2851001258030

100190165130110

1671313211519693138113472111415248788960292

4,177461741729284648

225426180

1,1139229861107891148242352284866416

1031917412185

Ul501009960351242971491243522525382055680528

1,19524268257

20941251241005210661510O310252517313219867402609910078

1001629112970

4,260183

1,3882,015519241

3,1812,8681,698892

3,387215287645

3,1391,175864

3,804105,209

6113,221284420

3,4701,111178

2,4481,665912

1,76825,9571,3124,568522189

1,6881,0412,6241,749512

2,925976

1,587' 953

1141,7162,1222,2291,8601,405

20

142621

49292

39

184625

1,900

73

228

1342913

537

10

1442

1O

HWwoop!Htoo

HWr*fodsa

00

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Page 496: Annual Report of the Comptroller of the Currency 1925

TABLE N O . 62.—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State, April 6,1925—Continued

[Amounts in thousands of dollars]

States and counties

NEBRASKA—continuedShermanSioux... _ . .Stan tonThurstonValley. .WashingtonWayneWebsterYork _

Total

NEVADA

ElkoEurekaHnmboldtNyePershingWashoeWhite Pine

Total

NEW HAMPSHIRE

BelknapCarrollCheshireCoosGraftonHillsborough .Merrimack _ - _BuckinghamStraffordSullivan..

Total_._ . . .

Num-ber ofbanks

212411215

172

1111123

10

4157695665

54

Loans anddiscounts

897200790911748136

1,087233

2,089

147,493

630337

1,847466353

3,8221,300

8,755

1,549493

4,0152,2302,494

10,9615,4532,6582,6642,690

35,207

Bonds andsecurities

5530

48418616249

15234

546

37,842

480100148151107

2,788947

4,721

1,5811,0481,9131,850

9118,7482,4992,4532,1641,917

25,084

Due frombanks, in-

cluding law-ful reserve

and cash invault

11782

3411279269

21695

826

58,306

25177

300218168

1,301400

2,715

524153758502789

3,8631,361

819782547

10,098

Totalresources

1,106325

1,7281,2801 078

2631,486

3663,755

256,968

1,427525

2,591878663

8,4302,671

17,185

3,7921,7256,8974,8514,340

24,5079,6766,3055,8295,284

73,206

Capitalstock

5035

10015010025

13550

330

16,370

10025

10010060

900100

1,385

27060

775500400

1,150675485550375

5,240

Surplus andundivided

profits

12217

39164368

7624

382

11,374

13517

2015032

24391

769

36163

1,021501553

2,1881,394

386659550

7,676

Circulation

17

99150100257812

318

8,425

100

822532

84893

1,180

25959

759444307

1,116547461309371

4,632

Totaldeposits

917272

1,111857842205

1,154280

2,678

216,313

1,092483"

2,208703539

6,4102,387

13,822

2,5811,5423,9093,1512,970

19, 3406,6814,7624,1023,659

52,697

Bills payableand redis-

counts

1032

35

3,112

321

422252110705301208195279

2,793

CO

o

IoHIDHa

I

W

Q-

3a

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Page 497: Annual Report of the Comptroller of the Currency 1925

NEW JERSEY

AtlanticBergenBurlington,...CamdenCape May.._Cumberland.EssexQlousterHudsonHunterdon—MercerMiddlesex.Monmouth__MorrisOceanPassaicSalemSomersetSussex..UnionWarren

Total.

NEW MEXICO

Bernalillo...CnavesColfaxCurryDona Ana...EddyGrantGuadolupe..HardingHidalgoLincolnMcKinley__.QuayBoose velt.».San JuanSan Miguel_Santa FeSierraUnionValencia

Total.

258

21,45721,3146,765

24,6375,2878,244

72,6006,551

46,5103,61528,22125,22219,55514,6594,17937,2864,5503,1412,80420,3335,090

382,020

4,3901,8402,17449147380850916896226141354609384266757

1,6087661362

15,793

9,14021, 2746,3409, 6583,1025, 510

61, 5315,37736, 7919,15518,46016,45013, 8669,3753,73132,8434,7305,3304,55417, 4179,768

304, 402

1,237259809215152104134537343

232461211083036611630110

4,634

3,4495,0431,4645,726723

1,70220, G211, 31810,6471,3337,8209,9843,2632,811790

7,331725982504

5,3891,443

88,068

1,67988857128832642924642406716100290243116142422213090

6,046 |

36, 26849, 37014, 90541, 0779,56916, 263159, 31813, 83098,19414,35257,03647,853

27, 5258,94081,19910, 3199,6268,11644,36216,634

803,094

8,0403,0943,7441,0541,0241,391960336165350203732

1,075789530

1,3882,777123134597

1,5002,0751,0501,725725800

8,625700

4,850707

2,1472,1751,7801,000425

5,339625305500

2,075810

39,938

650125225100501255050503550501757550200150252550

2,310

3,1502,2681,2922,6971,1491,9779,7851,3595,5441,1914,2582,5722,4261,597668

5,6111,129518679

2,3511,575

53,786

22916421546444157

107

1,075

5741,063708811505519

2,887426

3,317577

1,979539665587228

2,90344475394906745

27, 55843,09511,48534, 3076,46812, 224135, 94110,90281, 59$11, 85546, 74942,13931,88923,9907,150

66, 0107,8268,6946,48438,65913, 308

20,852

3941241615013505050

24

50197524

196

49

1,329

668, 331

6,7512,6803,086

859917

1,174803214114256153579836614439890

2,534

489

23, 584

3,185744360

1,200649705994426

1,90615

1,717187

1,5252554585282813050269160

15,644

175

nohrj

H

w

55 ao

23 H- W

isi

1 3

CO

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Page 498: Annual Report of the Comptroller of the Currency 1925

TABLE No. 62.—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State, April 6,1925—Continued

[Amounts in thousands of dollars]

States and countiesNum-ber ofbanks

Loans anddiscounts

Bonds andsecurities

Due frombanks, in-

cluding law-ful reserveand cash in

vault

Totalresources

Capitalstock

Surplus andundivided

profitsCirculation Total

depositsBills payableand redis-

counts 3n

aQ

o

wo

W

q

NEW YORK

Albany.—Allegany.,—Eifonx..^BroomeOattaraugus*Oayuga .—Chautauqua.Ohdmung—Che»aaga-ClintonColumbiaCortlandDelaware., *DutchessErie..Essex.franklin..Fulton.

Greene.-HetkimerJeffersonKings.......Lewis,,..,..LivingstonMadisonMonroeMontgomeryNassauNew York,Niagara-....Oneida.Oiaondaga^Ontario..

7717581631055415149582271312754559252781795

53,45$2,6843,05411,90310, 9384,95423,3738,8776,4068,5i63,8435,2978,18210,96041,5742,0874,7908,0082> 9002,14612,40912,71336, 2561,1912,3193,16417,5855,85616,426

2,024,49017,98230,48815,1174,593

31, 6661,3792,2086,1303,5316,518

3,9866,7475,1396,3714,1995,76711,74828,2412,1961,3573,1661,9982,5507,5288,96314,6391,9812,7603,809&, 26215,52516,506

944,3408,19212,1688,4334,885

19, 509526

1,3992,7121,6641,7654,7841,6161,1191,622931

1,5831,2492,972

845925

1,066532908

1,9892,230

802629

1,067279&, &2,1863,893

922,0713,3755,3712,998901

107, 2344,8386,81621,24016,88113,44733,25014, 71514,61715,81011,38311,27915, 57426,33784,5076,2087,287

12,7785,5425, 773

22, 87225,09062, 1084 1346,7?98,208

24,66728,96088,189

4,220,41030,19549,48827,065

3,500475300775

1,400680

1,958700

1,025700700450950

1,6453,415

300576

. 1,00020O550

1,1251,5562,660

200350300

1,4601,2001,610

180,0001,8753,6061,986

525

7,008463223

1,2551,5211,0272,9371,2131,065

983860541

1,3812,2403,305

509842

1,7181,5734,168

331250432634

2,3631,840

337,6401,9404,2671,626

647

2,08243750

225868624

1,003529721586426418760831

2,857260178690148214

1.001i;oso

971166229309

1,162953618

26,5601,3881,861

826102

93,3913,4556,223

12,84310,90631,60611,90411,56813,1269,2559,803

11,75021,37372,2S24,1215,3739,945476g,

4, 26318,78420,24152,4258,4154,9417,075

20,313'10,17733, 549

3,354, 33524,84438,85222,0449,219

1155

1022411679282882054009565

714200

2,570

287

75220173546

1,41012

20843189497

144,58014

254307

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 499: Annual Report of the Comptroller of the Currency 1925

OrangeOrleansOswegoOtsegoPutnam,.,.* _ _QueensRefisselaer..RichmondRocklandSt. LawrenceSaratoga. _SchenectadySchoharieSchuylerSeneca _Steuben.Suffolk,.SullivanTioga ._ __.Tompkins. _.Ulster....Warren. _WashingtonWayne.WegtchesterWyomingYates...!

Total

NORTH CAROLINA

ance-***~---^..—-.--*,non^ _.._:._.^_._^____.>,

Ashe-, , . .- _._—,..,Beaufort. -_-,.....-,BuncombeBurkeCabarrusCaldwellCatawbaClevelandCraven_ „_..,..._, .._.CumberlandDavidsonDuplin...... _.Durham _ _.EdgeeombeForsythFranklinGaston

23181331185615823281022116513614122661

533

31112\

122111123224

17,4442, 7365,1236,907379

13,66515,6863,1245,8387,1196,2319,531813462934,

6,4909,1216,2982,4544,2337 3S111,7328,2636,10238,9742,777225

2, 624, 526

1,7891,076314

1,2333,0651,2241,261535

2,8334,0822,7282,079877289

5,6814,1362,671534

9,087

19,6341,1897,26812,0961,02412,30337,3543,3796,9567,6427,6363,8823,5331,2401,4246,25910,6396,5942,9783,5636,7285,5097,7988,27245,0013,94.2134

1,430,855

2412502117537314119828325350978030452

1,399604S4488

1,254

3,872428

1,770i s$Q

'4643,4766,606980

1,4321,6691,6531,840382228462

1,9202,4481,091685

1,1071,5811,9761,7781,6149,49565074

1,070,423

39316638277806556267108641570265515186105

1,903632949168

1,399

41,9744,45014, 55821,3361,883

30, 78860,6337,75914,64817,11715,87415, 7974,7722,0062,90315,08922,93414,3416,2119,03816,09019,51318,25116, 33595, 7257,460445

5,490,179

2,5571,521381

1,8214,4621,9801,762682

4,0035,1413,2323,0051,501471

9,6985,6004,755863

12,376

2,301100625950200

1,7252,31557560087566070017575100625

1,050700450625

1,175401835830

3,22530060

242,030

2351002510030055100504003502501001005070042545075

1,350

3,374168675

1,802150

1,2563,702570995

1,369880

1,133288131129

1,0901,571939411620

1,9552,3351,158759

4,76241517

420, 875

11611725127120117159382454386790114145533598530951

2,00849452755110627

1,2011931557355592901597479500600424300319791310522624

1,92529913

65,066

2087769919919100121122582550974070012545075936

33,5214,13312,61517, 7221,422

26, 71151,2726,24712,80413,47013, 71413,3804,1501,7262,59612,80319,34011,4174,9327,41611, 75016,81115,64613,81384,1296,373366

4,415,773

1,957992266

1,4693,5551,7891,391523

2,9453,7612,5962,3241,178336

7,1314,1433,485661

7,676

639

148106

3751,8201472563515150

28340838117453706525304

1,20512

162,931

301805927251

60242269294440•113215529218591125

IQ

H

woo

H

o

a

OO

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 500: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 62.—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State, April 6,

1925—Continued[Amounts in thousands of dollars]

CO

States and countiesNum-ber ofbanks

Loans anddiscounts

Bonds andsecurities

Due frombanks, in-

cluding law-ful reserveand cash in

vault

Totalresources

Capitalstock

Surplus andundivided

profitsCirculation

Totaldeposits

Bills payableand redis-

counts nNORTH CAROLINA—continued

Granville. -Guilford..Halifax -Harnett ._ _-HaywoodHenderson..Hertford...IredellJohnstonLenoirLincoln. _.McDowell _MecklenburgNash —New HanoverPasquotankPerson - -Pitt. -RandolphRobesonRockingham..RowanRutherford - —Scotland _—StanlySurry. _ —VanceWake.. — -Wayne.Wilson.

Total

2,39514,306

603444346977253

2,4191,4972,9591,930

93014,7351,736

11,6163,007

9011,235

5011,925

940969197192338

1,3801,7587,7663,8521,116

3262,821

1447788

103109313241173199102

3,3483129414515566

11816987

145282619

163344

1,944'872253

4683,401

107120' 77232

11457232442287193

3,006277

3,31731173

408399265211160824394

403210

3,730765746

3,25522,569

899727529

1,437431

3,3322,1523,8252,5861,259

22,2092,402

17, 6103,9661,0741,8551,0632,4271,2991,434

317285466

2,0522,610

14,3196,0922,127

1601,250

100505050

100250305391200100

1,575200

1,00020015017550

190140100652550

150300900475100

2611,005

362284

16997

22120693

2,865177

1,193231417459

10850667

281984

101420418242

1,237100405049

1002506649

15049

1,42824

680195

25485075

1002525

7429732131725

2,71816,420

601519340

1,253130

2,3741,4133,0211,9471,016

14, 5361,975

11,8152,859

6991,522

9031,9471,0251,168

191207392

1,6321,771

12, 3684,7011,738

u

92 O

o269 H259 W139 O80 g

1,447 g

1,631 o296 M18259 H, a

131 »

I.." O29 Cj

- - 5 S102 H140 fe|

" l 2 4 K|

84 128, 717 20,861 30,476 192,419 14,066 12,225 9,523 141,379 10,851

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 501: Annual Report of the Comptroller of the Currency 1925

NORTH DAKOTAAdamsBarnesBensonBottineauBowmanBurkeBurleigh—--GassCavalierDickeyDivideDunn.EddyEmmonsFosterGrand Forks..GriggsHettingerKidderLa MouteLoganMcHenryMclntoshMcLeanMortonMountrailNelsonPembinaRamsey -.Ransom -.RichlandRoletteSargentSheridanSlopeStarke. _.SteeleStutsmanTownerTraillWalshWardWellsWilliams

Total..

24212

11462122263216121523657192321546493831

161

5751,97030052766365

2,3909,561679

1,484219194561531547

4,302747556230

1,40919545980990

1,496499862

1,1872,012517

2,219392768306169

1,561958

1,7481,1222,0391,3472,6511,1671,055

53.309

7386781228119251

1,2784,4332853502516421324999

2,3441663023650314090102220

1,172103477698

1,46410894093746337

2,247307

1,388199

1,1721,0002,796238189

27, 383

22665498145125100969

3,009317524458715811163

2,50411618965378557049198739100325484

1,1291286988426914188526193536163616422

1,259386300

18,841

985

5251,037981422

17,7941,4042,575332483983954785

9,7451,1921,144361

2,613441658264

1,5383,610795

1,7762,5574,718840

4,237649

1,193544350

4,5141,7053,8671,6384,1632,9037,1041,9391,641

106, 734

752505010050251508801251755050505075525100502527525502512512575150150250503355080502525019525010030017535010075

6,490

551461029459

2887142213161046373016686391567102745794226298184101272431252712556856712612818412425

3,673

5017449463525124705631477

50~6503*2862625177

50"2457504175124172492053723272518415057512031752656937

4,337

1,4882,1834,111730

3,543532

1,048443257

3,9521,2703,4751,2903,5332, 4246,3051,6461,504

91, 539

COOr

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 502: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 62.—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State, April 6,1925—Continued

[Amounts in thousands of dollars]

States and counties

OHIO

Adains^AllenAshlandAshtabulaAthensAuglaizeBelmoht .BroWnButlerCarrollChampaignCla rk . . . . . " " " " 1 1"CtermontClintonColuinbianaCbShactonCrawfordCiiyahogaDarksDefiance .JJelaWafe£rie.fairneld__ . .J'ayetteFranklinf ultbh .Gallia.... . . . _GeaugaGreeneGuernseyHamiltonHaHtJock. . .Hatdin _HarrisonHeflry_..Highland .Hocking _ . .^_ .

Num"ber ofbank3

23i555

» 1278i56577255942151911247

16165142

Loans anddiscounts

7482,856

5883,6842,5324,02l

ii, m2>O808,202

261

10*304

3,' 4167,m2,2062,923

65,9533,7?21,6951,1?52,1062,5671,332

50,770

496845999

2,92f88,1002,3841,5602,599

8S81,782

822

Bonds andsecurities

204767414

2 8451,8181,1046>7021,0085,344

574969

1,6671,1911,3724,9181,4611,489

34,4131,0231,106

6671,0941,599

17420,970

351287959750

2,24947,818

1,054911

1,194186

1,0771,027

Due frombanks, in-

cluding law-ful reserve

and cash invault

85621297850542631

2,529374

2,29488

4661,771

434533

2,396483733

12,626577392245464921121

16,70420176

243735

1,02935,532

399433454145345223

Totalresources

1,0744,4281,373?,4785,037

2?; no3,60116,824

9404,469

15,4162,9505,734

15,5654,2985,494

118,0795,7213,4102,13?4,4085,405M59

93,1081,044

8932,1122,5856,521

176,3234,1022,9824,3561,2073,2952,126

Capitalstock

90325100600450510

1,125385

1,175100502

1,175280550775200475

4,950715275250200500100

4,75050

100100250440

13,97525022537550

310100

Surplus andundivided

profits

81144160667419355

1,901395

1,55543

6681,022

256467

1.765472446

4,717736202145360448

686,805

4969

157423604

14,13916530630557

264154

Circulation

6420350

409145509847351

, 841» 98

499787264519734149358

3,53943027319998

27049

3,00649

10050

214337

6,30822422335750

17899 1

Totaldeposits

8143,7421,0635,4933,6454,633

17,2712,274

13,174699

2,83211,6522,1493,653

11,9713,3264,106

91,7803,4632,2941,4773,6974,09$1,071

74,338895622

1,8051,6985,091

137,0983,4092,2053,1691,0512,5121,516

Bills payableand redis-

counts

2510

293205

50517527

168778

20725915098

7,780363276665013

2722,823

442,517

2718

134

32257

IwOQ

HWO

Io

W

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 503: Annual Report of the Comptroller of the Currency 1925

HuronJackson ___Jefferson _.ItttoxLakeLawrenceLickingLogan . __ _LorainLucasMadisonMahoning - _ ._MarionMedina. -MedgsMercerMiatni _ _ .Monroe. __ _ _.MontgomeryMorganMorrowMiiskihgtimNobleOttawaPauldingPerryPiekaway.. .Pike..Portagetreble . . .3?utnarnHichland

SattduskySoioto . _ .Seneca.ShelbyStark..SummitTrumbulLTuscarawasUnionVan Wert...,.,,.________

WarrenWashingtonWavneWilliamsWoodWyandot..

Total _

4284224121553434858533833

52452361263524613•j

964433

357

2,783715

7,6571,1991,8813,1133,771

7121,4885,4312,612

23,0082,7002,993

7562,2255,2421,483

19,7961,2231,1116,4451,1071,8281,073

3982,183

5053,0632,407

4322,1893,6101,6196,2445,6611,885

18,1287,0786,8934,051

4451,961

1852,6137,4443,3722,957

5591,004

489,834

1,4281,2987,0071,3662,4621,0601,895

1291,4936,167

6516,987

7751,537

530422

3,138888

6,135841430

3,7071,1741,352

226430880429

2,727975208

1,8962,1601,2992,4162,886

6237,0194,4553,4753,436

88593296

1,1413,1151,4461,116

498320

249,670

426335

2,066460718412702167343

2,049299

5,576498625296267

1,564300

6,008813122

1,533206323197127654333969502143582802333

1,3421,400

4573,2831,5421,3321,394

60611114444

1,114905469215315

131,924ii-ui i.. ...ii^mas

4.9722,387

17,5883,1656,1904,9436,4671,0893,508

14,1813,783

39,0014,3146,1561,6433,057

10,4442,742

34,4422,4731,733

12,0402,6668,5811,5951,0803,7741,2906,902^ 983

8304,8726,9843,360

10,48210,3233,086

29, 65313, 57012, 3389,053

6093,278

6164,430

12,2975,9044,6811,29$1,686

912, 238

275200

1,126226250SOO600100210600345

4,2505302631,50225940163

2,47530016052514515014075

435125430235

60200600200600800233

1,750440700475

40300

50600

1,050425435110180

62, 280

336184

1,094249290309682

63140

1,539341

3,676215285154242

1,190211

1,964206183

1,2012321616652

415112590341

3938179295

1,1441,064

3532,504

76081457127

41777

5031,038

45524483

15169,224

14310284418720051138910097

492317

1,98742918771

126887130

1,809289157518142569376

29112583815155

198528100498698229

1,286119446298

3918725

40499832438510577

41,129

4,1881,901

^ 0 9 44,8582,8734,660

7912,988

10,7652,53S

28,1253,0254,8051,2692,S926,8612,185

27,4551,0131,2009,7751,9698,0951,284

8282,623

8846,5458,214

6614,0934,7692,8267,6777,7322,057

23,84712,20310,1797,612

4572,222

4642,6308,5654,3113,375

9921,278

702, 595

30

ill360

50362231

3555

800223380114104

73280

52595

5832

85120

12

io44

4125

29413015025

20445

187504540

238577385

497

24, 314

w

®

o

wo

B

a

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 504: Annual Report of the Comptroller of the Currency 1925

TABLE N O . 62.—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State, April 6,1925—Continued

[Amounts in thousands of dollars]

States and countiesNum-ber ofbanks

Loans anddiscounts

Bonds andsecurities

Due frombanks, in-

cluding law-ful reserveand cash in

vault

Totalresources

Capitalstock

Surplus andundivided

profitsCirculation

Totaldeposits

Bills payableand redis-

counts

OKLAHOMAAdairAlfalfaAtoka.Beaver _Beckham _Blaine —.__BryanCaddo __C a n a d i a n . . .CarterCherokeeCtioctawCleveland _Coal._C o m a n c h e . . .Cotton _. _.-_CraigCreek _CusterDelawareDewey.._ _EllisGarfieldGarvin ._ _.GradyGran t . .GreerHarmon _ _Harper . . .HaskellHughesJacksonJeffersonJohnston

27397286

2301,739

7312,1012,0441,4803,890

5221,5161,346

2201,632

915810

2,5081,551

92567243

3,5191,9383,342

480587354180439

1,905972876426

1774006361

387159760983601

1,90444837447889

1,0272264979596964615173

2,3091,2101,63821248214336295914710508233

1295151490

2,280252714

1,6961,0171,550210156

1,07865

1,013312592

1,7541,144

9134233

3,4551,1012,279232

1,386723151166

2,3082,824791227

623i,980193409

4,5261,2123,9964,8833,2437,8031,2622,4183,152402

3,8501,6021,9675,4253,601159903567

9,6404,4757,708973

2,4981,263395979

5,3554,6452,292955

501702550225125425305200650140380250503001801803252752510030705465755751806050105245235250100

163461199191181725925628589711803735113821

171045222925218107193241071967429

311361021481061142581

972014875112

317

130323332756214

74978010766

5081,734128348

4,1081,0373,3164,3022,8266,775918

1,8422,723333

3,3521,2331,5944,8963,128104746520

8,3423,4576,364794

2,1471,160342750

4,9054,1321,848759

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 505: Annual Report of the Comptroller of the Currency 1925

KayKingfisherKiowa _.LeFloreLincolnLogan —LoveMcClainMcCurtainMclntoshMajorMarshallMayesMurray .Muskogee '.NobleNowataOkfuskee.OklahomaOkmulgeeOsageOttawa _.PawneePaynePittsburgPontotocPottowatomie_.Pushmataha...Roger Mills—

Seminole._._SequoyahStephensTexasTillmanTulsaWagonerWashington..WashitaWoodsWoodward...

Total-.

1156692345415341032516916668667113358841356531

401

3,218935869886

1,1221,223474891818884158813461604

9,6921,023544

1,47234, 8815,4687,1963,2191,6772,6902,3781,0163,362471147

1,006916979

2,5971,196945

48, 511830

4,866692943201

192, 760

1,900558520419

1,2701,10230829131250429245257358

3,884120376768

17,0622,6541,8801,051902

1,5521,797334

1,22620611442255441712395263

8,987389

1,948287286174

75,724

2,055369996316

1,8581,26159750935456979290119417

2,955484303

1,31123, 9342,8794,6651,8351,1512,259913673

1,626298100410384228

1,845794

1,40121,916

5611,8981,084720155

117,171

7,4581,9802,4691,7604,3963,7121,4241,7441,6372,062287

1,460889

1,44617, 4701,6771,3143,62780,18711, 49914, 5356,3553,9026,8155,4682,1636,5251,017270

1,9411,6241,7785,3832,5462,812

85, 4571,8319,5962,1462,101551

408,668

43016517515027512513518018017525210100150

1,225100100160

4,5509607353502503503552404501002512590160435215175

5,15018075013512550

27, 700

18645385082865110641706633835494285275

1,559357424117104163906614345737295114713528

1,64071445425210

10,177

177907029162124271466

15066519759522599853761452952392001062649321640

693713087583684110075503149

8,641:•• • • ; : • • • • .. ' . • • — :

6,6451,6312,1871,5083,8633,3481,2041,3101,3051,666250

1,097718

1,18414, 5111, 5231,0623,27273,3829,97313,0375,6483,3416,1744,6091,7325,600832228

1,6791,4671,376

. 4,6972,1012,56777,6871,4798.3161,9171,851442

359,890

2037

61

2112

259

1016

— -

201481947

nB

B1 §26

H92 ft

""42 §

1,228 H

CO

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 506: Annual Report of the Comptroller of the Currency 1925

(TABLE NO. 62.—Principal items of resources and liabilities of national banks} arranged alphabetically by counties in each State, April 6,

1925—Continued[Amounts in thousands of dollars]

States and counties

OREGON

Baker .BentonClaekamaSOlatsop _ -_ -Columbia _ _ . __ _CoosCrookI>e$ebultes_ _ _Douglas _-Oilliain. *Grant ,,. .HarnwHood KiverJacksonJefietsonJosephineKlamathLakeJJUDB •

Lincoln _LinnMalheu^Mariba__ v __-Utotrow -_._MultnoinahPolkTillamboklimatilla _-UnionWalldwaWascoWashingtonYatfthill

Total ,

Num-ber ofbanks

313234223222131i34415372832542230

99

Loans anddiscounts

1,800658476

1,957525

1,470480

1,3021,183

7562406tJ2584

1,87454

4582,1391,8233,196

1421,650

7962,239

75448,869

542i, ids6,0112, $54

60S1,715

%m91,244

Bonds andsecurities

885569665579414

1,10394

2548129982

307345

1,72023

614876472

1,91959

536306

2,04597

34,971361280

1,160M198866510

1,352

55, 418

Due frombanks, in-

cluding law-ful reserveand cash in

vault

1,38033235548515175429521950911615626018275625

1491,171

3601,165

95379223990124

21,079£00265989607

m366411520

35,270

Totalresources

4,1861,7041,5433,3061,1538,679

9391,9612,6181,110

4891,2041,1534,623

1161,2504,3492,3006,673

3132,8291,501|5,&0l1.084

110,679i,m1,683$,45S4,3271,0243,114% 0064,331

192,52l9

Capitalstock

32550

10080075

30010012517512665

1001003002550

32526527525

285160365150

7,19411075

675$75100260135300

13,389

Surplus andundivided

profits

215ids399622

1275935

1276216

11630

119

7960

174393

39285

21158

3,9*6

7781612972

179112329

8,060

Circulation

13348388850

1603

2249256

83

§§7"

5022585

217

16573

15224

13552

34§35937

100110270

3,399

Totaldeposits

3,4781,4891,361

• 2,441965

3,089759

1,6922,185

841402822

1,0233,907

911,0723,7311,7045,755

2862,2291,1844,860

74$97,375

1,0901,4485,7873,464

7902,4061,6443,424

163,537

Bills payableand redis-

counts

7

535641

14858057

84

64

55

13108

1,618

84803

25145

3,644

§

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o* ]

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Page 507: Annual Report of the Comptroller of the Currency 1925

PENNSYLVANIA

AdamsAlleghenyArmstrongBeaver_BedfordBerksBlair.BradfordBucks „ _.Butler..CambriaCameronCarbon..CenterChesterClarionClearfteldClintonColumbia - - .Crawford-CumberlandDauphin ,__.DelawareElkErie.FayetteForest--FrankJinFulton,. . . . - .Greece.,HuntingdonIndianaJeftersonJuniataLackawannaLancasterLawrence- _.LebanonLehighLuzerneLycomingMcKean „_.Mercer.MifflinMonroe _.MontgomeryMontourNorthamptonNorthumberland-Perry

9521115720131712132011010208143121081014414203101510121271435981221138138427316149

5,598247,6735,9098,9161, 745

32,1939, 5926,3195,32012,35529,8381,4905,9356,55514, 7786,79012,3472,1515,5026,3443,4793,96118,5532,90523,41622,7871,0148,093231

5,9824,44710,3195,4542,31929,38423, 5179,2145,25519, 20232,16116,4099,15515,4474,6884, 57923, 5811,29020,41911,8242,416

3,096259, 6496,1918,5881,40915,4183,9707,04610,0603,82912, 563

7548,1223,71213, 9714,1148,2542,6577,0164,2592,9955,32613,6924,61612,58817,570598

. 7,748274

1,6943,5977,1965,0621,26245,91420,6889,8955,71117, 75047,1435,7674,92311,4442,3332,20724,3963,40526,38610,9902,367

713107,3011,3232,630400

5,6353, .1121,5351,7232,2886,278231

1,2771,8213,3341,5142,899751

1,3761,687778

2,4753,8671,3425,2067,668355

1,62679936

1,1291,9101,925418

8,7625,9193,3061,3863,4878,0952,5272,0723,579662739

4,907477

5,3172,556572

9,819645, 03413,84120, 7083, 71355, 66217, 97715,39417, 51419,43050,6012,570

15, 67912, 72433,17512,60524,2475,688

14,41212,7427,52312,04135,6739,06343,03350,9432,03318,128

6189,6289,45820,02112,7984,12686,96352,36523,14712,73741,68890, 72026,03116,58231,4807,9497,942

54, 7695,41454,05626,8145,508

52533,225

8351,200205

2,950975

1,010957

1,2902,470200

1,000775

2,290530

1,750255860900725725

1,950650

1,8552,275150

1,35525625635980845285

3,8853,3551,100900

2,7004,3001,7851,2901,685600500

2,902875

2,9201,460340

81351,744

9971,754250

7,7641,9001,3352,6691,9684,426211

1,4061,1264,571995

2,642969

1,2741,214641

1,6823,6911,1293,8186,013341

2,18859

1,546850

1,5451,443546

7,5266,2744,3761,4365,0649,9554,0851,2072,311613875

6,374677

3,8723,773655

48615, 709

7811,084162

1,891697926650814

2,201197795561

1,650387

1,380137556865343422

1,365527

1,3481,73114790725398552829761243

2,1512,362877454

1,7652,1731,597556

1,265491248

2,390373

2,2701,064302

7,707534,04710,95516,2792,944

40, 78514,31211,89113,05615, 02340,9351,854

12, 3679,90224, 05810, 54718,0624,28711,6139,6145,7549,13427,5896,73035,69540,4981,39513,614

5096,9097,07116. 2479,7422,96272,14039,06616, 7299,765

31, 79573, 58317,49913, 35925,8145,3785,558

42, 2243,93943,96219,8784,071

2775,444222345151

2,03474231173186375998728555250278407312538

995

228372

25

147319334

901,0971,193

8150555649092529583768260450912304130

raW

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Page 508: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 62.—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each Statet April 6,1925—Continued

[Amounts in thousands of dollars]

Oto

ioH

w

I

o

H

w

o

States and countiesNum-ber ofbanks

Loans anddiscounts

Bonds andsecurities

Due frombanks, in-

cluding law-ful reserve

and cash invault

Totalresources

Capitalstock

Surplus andundivided

profitsCirculation

Totaldeposits

Bills payableand redis-

counts

PENNSYLVANIA—continuedPhiladelphiaPikePotterSchuylkill__Snyder _SomersetSullivanSusquehannaTioga _Union .-VenangoWarrenWashingtonWayne -WestmorelandWyoming ,York

Total--

RHODE ISLAND

KentNewport _ProvidenceWashington

Total

SOUTH CAROLINA

AikenAllendale--AndersonCalhoun

866

17

467,023146

1,38924,1792,4557,769

4864,1905,028

91314,59712,14524,1381,375

29,1131,433

22,987

1,386,217

2522,069

38,454108

40,883

22989

3,138612

147,268596568

29,2831,4028,0831,031

• 4,6853,2841,4581,8623,78421,791

23,5722,94217,433

180,39489312

5,385534

2,122161

* 1,024728281

2,2911,6585,817356

7,705519

4,819

825,657839

2,38760,6004,48318,8731,70310,2049,5662,74219,28118,15453,9334,68362,8715,00747,015

25225

2,770225

1,060100550500250700825

2,350250

2,535305

3,310

78,96981218

6,788602

1,963137612660484

1,6671,2105,295404

6,088541

4,671

6,71725221

1,65522291998458432150642788

1,992242

1,952287

2,556

681,813709

1,68348,8733,35814,7071,3698,5147,4781,83515,73315,17243,2823,76750,5833,86335,480

982,123 446,100 2,930,784 142,339 284,983 81, 221 2, 357,066

5022,11923,400

49

368616

8,59327

1,1354,95371,949

186

100420

5,700100

187387

8,78833

49407

4,22925

7993,67951,813

28

26,070 9,604 78,223 6,320 9,395 4,710

11162436

1525513101

280131

3,994

5015525160

10572196

61

56,319

16841

3,201494

9,022

3938750194

60487

46014089315

1,56410

35,844

60743

4652

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 509: Annual Report of the Comptroller of the Currency 1925

CharlestonCherokeeChesterChesterfield ..-

Q*, Clarendon"^ Colleton2 Darlington<S Dillon° Dorchester _ _

Florence. _ _ _to Greenville

HamptonTTorryKershaw

oo Laurensw Lee

Lexington .MarionMarlboro-- __ _NewberryOrangeburgRichland _SaludaSpartanburgSumterUnion __York..._ .

Total-_

SOUTH DAKOTA

AuroraBeadleBon H onlineBrookingsBrownBruleButteCampbellClarkClayCodingtonCusterDavison. .DayDeuel -FaulkGrant.GregoryHaakon

4221113112511213232217415415

74

1214621122512361221

14, 5721,7221 223

277297504

1,156496368867

11,5661,389

106410485

1,1951,5631,7201 171

8371 5415,052

11,156711

7,6714,967

6123,939

81,641

4001,134

4691 6574,087

655765177316

1,2872,593

1301,900

9901,870

1201,154

638224

6,906395258

523378

.151512

1661,214

13426

251110150310581175139110782

2,8543

9801,056

28663

17,934

391,227

40461

2,8501463139

184378

1,75016

593197174

7361168

18

5,025488316-465356

1936450

1452,647

31019

105177171298312109107191774

6,04688

2,08770438

1,447

22,720

106499286589

2,1521847954

108415

1,17926

75544532631

4238845

28,8892,6761,926

391441683

1,629674441

1,35816,2091,933

162788812

1,6312,2882,7091,5331,1491,8657,269

24,218810

11,0587,073

7416,271

132,841

5532,956

8312,8489,4971,022

921314622

2,1645,737

2093,3541,7352,629

1702,024% 002

300

2,400275150505075

15010050

150950100257575

200175225150150100510

1,500100

1,300750100490

11,175

2512540

12527575252550

10035025

15010015025

12510025

1,499252145201516509

2139

1,44771

5351

122268129696379

52251925

800585

10375

7,537

37641667

38423605

3590

1784

13025

10711281611

1,867137100502475

13512

12519898257549

10050

12712510097

3221,169

680574

25188

6,594

107425

10618525

6

4947

247

12456

100

529912

20, 6792,0071,516

220270434

1,196470355900

12,5811,665

89570637

1,0961,7782,1681,100

7031, 5175,858

20,580665

8,2765,061

5055,115

101,915

4812,693

7502,4888,617

793561284488

1,9214,951

1612,9341,5322,209

1331,818

654262

847

508083988315

146443

2215

104

4990

1317248

34019

104101

3,121

62

107269

13162162

133

W

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a

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Page 510: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 62.—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State, April #,1925—Continued

[Amounts in thousands of dollars]

States and counties

SOUTH DAKOTA—continued

HamlinH a n d . .Hanson. _ .„HughesHutchinsonHyde __JerauldKingsburyLake __LawrenceLincoln __LymanMcCookMcPhersonMarshall __._Mead*..Miner.,MinnehahaMoodyPenningtonP o t t e r -RobertsSanborn „___S p i n k -StanleyTrippTurnerUnion—WalworthYankton

Total

Num-ber ofbanks

224221I423211131I6311523114332

113

Loans anddiscounts

33$80688777251740760

1,0271,0992,012

8041442858$

794325392

5,7061,1201,145

2391,257

4S31,452

198112

1,6751,391

799861

47,739

Bonds andsecurities

42471144811276175

I140192

1,6U107401227

10723835

2,43628528375

49765

73524

5160147140241

18,221

Due frombanks, in-

cluding law-ful reserveand cash in

vault

10955322036516782058

202164

1,01326218

21615

10776

1093,234

31124991

3501128508310

630525225365

18,799

Totalresources

6281,8911,3052,0451,015

919122

1,4591,6604,7831,256

247543143

1,086666591

12,1741,7881,752

4412,289

7303,190

346147

2,6012,2011,3021,699

89,916

Capitalstock

6075

127100605018

15012527580602525

1155050

51090

10025

22575

1152560

190125130150

5,170

Surplus andundivided

profits

1598344045404

5522

23090

335

16522

38050922189339666

78521778

3,070

Circulation

357435

1003125

7596

15680256

25392512

166904923

120405710

585070

150

2,939

Totaldeposits

5181,6431,0901,805

87580494

1,0651,1574,109

96894

47988

748638627

11,0541,4801,507

3731,855

5692,899

30459

2,2751,9741,0291,321

77,031

Bills payableand redis-

counts

16

114259

3678

168

6478

1223

22

57

1,610

H !W

ooS

o

w

Ia.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 511: Annual Report of the Comptroller of the Currency 1925

TENNESSEE

AndersonB d f dBedo

'BiedsoeBlountBradley..CampbellCarterCocke.CoffeeCumberland.DavidsonDickson

yeFranklinGibsonGreeneGnindy--HamhlenHamiltonHardinHendersonHenryHickmanJeffersonKnoxl<auderdale__.LawrenceLewis..,LincolnLou donMcMinnMcNairyMadisonMarionMarshallMauryMonroeMontgomery..ObionPerryPolkPutnamRheaRoaneRobertsonRutherford.._Scott. _SevierShelby

22111421315213211

31111151XXn43131131221111612212

3691,2,52359523

1,2921,2898 328283.6290

37,3451,2961,053792304631244462

24,48,6136164654295193

25,383220705130

1,764692

1,655115

3,402631527

1,993196

1,557841119327549527

2,47353886458231

11,602

112*24615,34024986189$533717

5,25.6327T8023116813160159

4,91012.533604532

4,50229654624112831695

1,95330993626545812093674154136423241171196

2,082

1022:322710125026215Q8532775

12,1103§153926116638883117

8,18710015821814320

6,74610011329244193440192

1,47011423854921539298611071845551414915812032

5,127

6341,77$449

1,1741,8101,7181,294489

1,548396

56,8932,0472,0551,340661

1,175396776

39,267372361945489253

38, 563357957224

2,3371,0632,554411

6,9181,072871

3,268283

2, 7691,428224535905771

3,606247

1,189735301

19,829

65200601Q01502001005012550

3,9001503001101006025150

2,6005025505025

2,9002575352151502253040Q100804506020015925255025325372255060

1,100

5Q15725331688317

15911

3,313621317213642238

1,9722712353916

2,07713285

1563611837229441062253

281701726449013411763810

1,327

5019879815037994910615

2,62397100104811925150

2,57530

501225

2,476156035214722258

39710078323401998025245025209

9431

199

4701,165

307944

1,3301,3661,025

3721,158

31846,494

1,712.1,4911,042

4041,032

324439

31,863266323809358173

29,273304793148

1,585767

1,953336

5,892804607

2,236144

2,0871,119

157460761595

2,835186780589214

17,094

5349

245319

77

63

110

151,098

1663729

25

3536

34101

2617

IH

Hoo

o

HW

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Page 512: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 62.—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State, April 6,1925—Continued

[Amounts in thousands of dollars]

States and counties

TENNESSEE—continuedSullivan _.. _SumnerTJnicoiWarrenWashingtonWhite - -WilliamsonWilson

Total

TEXAS

Anderson -Angelina _ _ „ .Aransas __ArmstrongAtascosaAustinBandera .BastropBaylorBee _ _ . . -BellBexar - _.BlancoBosqueBowieBrazoriaBrazosBrewster __ _ _BriscoeBrooksBrown - - - .Burleson

Num :

berofbanks

21123221

105

31

xx12132298

x252222x41

Loans anddiscounts

2,965667291

1,3134,371

8791 5111,057

145,480

1 980'898

9981

16739631

888753

1,0303,871

80,162105263

6,633210

1,577519331292

2,023437

Bonds andsecurities

940191

7526835177242207

28,906

968132332715

1331

34752

1241,1457,247

5626

5,68487

1321701148

770122

Due frombanks, in-

cluding law-ful reserve

and cash invault

94512964

623501266105193

45,171

494490

505248

16617

621564279

1,91513,399

118166

2,360140969246278223809231

Totalresources

5,0781,039

3882,6136,2901,3431,9441,524

229,956

3 6241,653

21619526575657

1,9831,4241,5017,502

55,234293552

13,214461

2,874960697603

3,851821

Capitalstock

30010025

23562512517550

17,356

325100252550

11025

125125200750

4,7502580

68575

2501055550

325100

Surplus andundivided

profits

3112413

252308140130

23

12,921

4077915254

24

242148261366

2,3023732

62327

366100167

457170

Circulation

295100

23l547124173102

13,251

1747223251299

623896

3742,968

2523

122119590

840

247100

Totaldeposits

3,944815338

1,8884,478

9521,3321,225

181,876

2,7191,402

154119199518

311,5551,113

8385,999

44,842206417

11,681347

2,159635467509

2,709551

Bills payable ^and redis- Q

counts £j

229 £

12 H

/-)311 §132 5124 3

2,875 §

i___ 0

5 H

wH106 <3

4 5 te

O

30

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Page 513: Annual Report of the Comptroller of the Currency 1925

BurnetCaldwellCallahanCameronCamp__~CarsonCassCherokeeChildressClay ._..ColemanCollinCollingsworth..ColoradoComaL--ComancheCookeCoryellCottleCrockettCrosbyDallarn__DallasDawsonDeaf SmithDeltaDentonDe WittDickens.-DonleyEastland _.Ector .EdwardsEllis .El PasoErathFallsFannin „_FayetteFisherFloyd _.Fort BendFranklinFreestoneFrioGalvestonGarzaGoliadGonzalesGrayGrayson_.

223431411231121133311211212274213118325931212326112212

1401,0281U

3,0385341308086466$4417

1,3423,813797310356965

1,698841430523354314

79,864455377616

1,9661,696839259511111111

4,19713,465

3831,7572,9461,090218643372438

1,056374

21,300416336796450

8,091

8073438493412

5471031756855

1,63713277297346916307194793983

26,0028

105169450336485372371

1,4763,824154497733582152825557149140

5,281528311610

3,600

60879425

2,0391089

749287493162816

1,441556141445346

1,7936192937421254

33,244698144398940793309682918714

2,1345,873274

1,5451,18467083515378199538183

7,851201117578234

3,444

2952,0941,2466,3231,127146

2, ISO1,1091,377674

2,4577,3781,533545

1,1081,7584,5081,818952695668554

145,0311,227684

1,2833,6642,9771,285389943250156

8,31125,209

8654,0475,2182,406351

1,2511,009753

1,837730

35,599746570

1,568751

15,877

5530010042522545175755055340755125751002504752255010010075

12,42550100125345275140501055035

1,0151,350110350870125507550200135100

1,875505015075

1,680

1222572429681224513963542023971502515182362197801114349

5,955363733297270803639142

603519104493436151281535522039811387313639

1,310

544937394220

11974

55

498

214918512012540752375

4,277699951859035495534

70674364290332109122325415899

1, 34950491006

1,127

1671,5201,0375,03259775

1,641816

1,264510

1,8855,7221,258424807

1,2413,5451,271780359501332

121,6671,135446

1,0302,8382,3391,030254744152104

5,98122,204

5872,8983,3452,020286

1,072878457

1,424490

31,339608397

1,166631

11,619

7

51814

307

50

2388

15

235

16

fed

§O

HWo

§HM

o

o

1-3

aa

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Page 514: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 62,—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each 8tate} April 6t

[Amounts in thousands of dollars]

States and counties

TEXAS—cont inuedGregg , . . . , ,.,—„_„—«„-.Grim.esGuadaluoeHaleHall.HamiltonHansfordHardemanHardin- _ . . .Harris.... __.______._. . . . . . . . . . .HarrisonHartleyHaskellHaysHemphilJHendersonHidalgo- .HillHood •HopkinsHouston _ ___________HowardHuntIrion.. _Jack. r___JasperJefferson.. _Johnson. _.r___, ,.._, ,.Jones. _ _KarnesKaufmanKentKimble . . . . . . . . " .1Knox ,„„..—,, , , - - , - , ,

Num-ber ofbanks

232234I31

112122235

103%239131773 ,5

10114 I

Loans anddiscounts

7461,106

49Q1,708

87275021S

1 327247

77,7202,058

73378331440976

1, U73,132

1,5701,1001,0934,709

182905207

15,2171,4©5

8991,4975,365

183170873

Bonds andsecurities

34318226

140129397

26992

20,1901,288

4860

16678

15522974918817654

143815

10316

24,418

2f3187168:

1,003153

sa

Due frombanks, in-

cluding law-ful reserveand cash in

vault

369633263

1 60686265239

1 070J32

34,2361,008

15382469ldX286668

1,538208333350741

1,853,88

an877,257

7Q31,419

8621,338

10240

501 1

Totalresources

1,5842,083

$363 6382,0341 $37

2 466?30O

138,8234,548

1&861

1 014811

1,5032,2075,6911,1202,1631,5282,7007,748

2841,614

31527,5892,7302,8222,6S28,140

337222

1,6^2

Capitalstock

16025075

20Q17531025

17550

7,975300259090

20017527563017520012515Q745

252.2$25

1,3754301903259004040

140

Surplus anclundivided

profits

83283

49114161238

25184

16,254

335

687158

10322

682132385247258655

6Q9322

1,706185193187

1,063.2214

137

Circulation

60114

191209650

5049

3,456197

53902462

149477175124

6114498

6168

56019310711778310

66

Totaldeposits

1,2501,436

6933,2041,6021,339

2292,055

460119,931

3,652117650.763527

1,1631,751 -3,900

6391,4541,1302,1785,850

1911,128

26723,898

1,8462,1312,0005,144

265155

1,278 |

Bills payableand redis-

counts

3Q

3QC25

*- 10

20

377

31250

12

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Page 515: Annual Report of the Comptroller of the Currency 1925

Lamar.LambLampasasLaSalle,Lavaea _.Lee . . .LeonLiberty. _..-.LimestoneLipscombLianoLubboei:-.--.LynnMcCuliooh...McLennan, _.Madison ,Marion,——-Martin.Mason.,.Matagorda...MaverickMedina. . . . . .Menard. . . . . .MidlandMilamMi l l s . . . . . . . .MitchelL__.MontagueMorris.MotleyNaoogdochesNavarroNolan.. „___ _NnecesT._^_,Ochiitree.,..GrangePalo Pin to . .Panola _ParkerPecosPolk _PotterPresidio „.RainsRandallRed River __BeevesRefugioRobertson...RockwallRunnels

718121116

111212i

22i4118224127311122522612128111

-l

i2124

3,88030731293

191144141

2,01452€120017317703

14,935938354216

6541,208448617673

1,77036

1,04?1,58632284018

7,873717

4,163330

3,7071,229164980352482

5,135322125297

2,689IRCl&y670204419894

1,0831

155984321213637

1,460265310316168

3,90016

399.5821354

73

m%96188243

1543,039103

1,6486734533342710372383212034562355441797141

1,7111303351435571345261

3,729407105261410477

6,683297227580276

1,60486386228

1,04177834

1,305170244264

3,2101,1612,855148

1,733383146603283Q3

'%12592516112153173241748

7,319163

1,320558

1,986460244272

7,4071,035306

1,675774

1,45326,618

W544569297966

3,7691,243775

1,0093,663126

2,0773,148794843

1,07814,6712,0368,951587

5,9982,225390

2,842439830

9,340546295527

3,633372873466789

1,782

77725125751106025254251007510050230

2,28060555050100350125125175300251603551303075

1,285180625558003355020050755507025506735012550100200

4683878112467267

2763214865178

1,3681250944522S42831081362925

210249919

1091,149

49272473567625159367134178491

30655295736107

455

25599915256

24020

251250

1,9041227502525100124

65215

4011096

25868

1008741021219925134687065012750

506225

5,619135

'•I, 070338

1,652319168231

6,449882230902656995

21,005197403875171820

3,029903485634

2,83196

1,6672,434476304869

11,3351,8077,860477

5,1971,711303

1,783329671

7,979328213414

2,481216705309590

1,450

13

161

402510

57

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Page 516: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 62.—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State, April 6,1925—Continued

[Amounts in thousands of dollarsj

States and counties

TEXAS—continuedBuskSabineSan AugustineSan PatricioSan SabaSchleicherScurryShacklefordShermanSmithSomervell - --StarrStephensSterlingStonewallButtonSwisher _ . .Tarrant . .TaylorTerryThrockmortonTitus _ .Tom Green __ . _Travis . _. . __TrinityUpshurUvalde -- -Valverde . .Van ZandtVictoria"WalkerWashington . _-WebbWharton

Num-ber ofbanks

2114312212112121193

12342222621211

Loans anddiscounts

75225520355674727767377685

1,76425077

2,631206278499310

43,7323,708

167163570

3,91016,211

764634987

2,1231,4422 139

2321,9872,228

484

Bonds andsecurities

1811261821482388

270

4183512

1861827

12653

11,0111,050

213262

1,1372,820

9690

136.- 274

155965265976245106

Due frombanks, in-

cluding law-ful reserveand cash in

vault

40260

13415319459

44172554

5223421

2,16475

130168174

22,2602,665

19425380

1,7913,717

26235606

341473612197616637251

Totalresources

1,405468447766

1 083368

1 4011 855

1453,101

324119

5,381319458808563

81,2667,693

383580779

7,21823,2751 1741,1481,3462,9052,1893 794

7153,8043,208

876

Capitalstock

1502565

13718575

16015525

2752525

2256050

10050

4,1254505075

10085074015015020025031555050

250200100

Surplus andundivided

profits

129265

61534291654

52059

1327859

13260

3,305242134039

8741,541

13767

14916219326127

276324119

Circulation

15024161239207483

2086

1010158

7050

2,041155

4949

6817206175

10917295

49349

249197100

Totaldeposits

976394361537725231

1,0761,552

1162,098

23474

5,014166342500402

70,5776,846

320416484

4,71720,252

823857811

1,9931,5862,490

5882,9302,480

555

Bills payableand redis-

counts

1777

10

19

10795

70322

80

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Page 517: Annual Report of the Comptroller of the Currency 1925

WheelerWichitaWilbargerWilliamsonWilson _WiseWoodYoung

Total

UTAH

Box ElderCache.Carbon. _DavisGrand-.JuabMorganSalt LakeSummitUtahWeber

Total

VERMONT

AddisonBenningtonCaledoniaChittenden__EssexFranklin -OrangeOrleans.. _Rutland--WashingtonWindhamWindsor

Total.

VIRGINIA

AccomacAlbermarleAlexandriaAlleghanyAppomattoxAugustaBatb

27283754

579

12111216213

21

4432134210427

46

4534151

528l&,1001,4213,281640

1,4751,1531,283

534,929

1,1331,237620307160965156

19,924893194

5,253

30,842

1,1942,8931,9763,176652

2,0452,3311,2364,9673,3413,8713,648

31,330

2,0967,8284,5635,105464

4,909460

124,899146677148249248568

144,939

41394190425824351

8,02935727

2,212

11,644

9852,1551,2731,160310

1,0581,3331,3744,7005,005963

2,426

22, 742

6982,3521,5341,186121

1,47463

1748,3891,4171,617570640515

1,570

252,083

122156185494112129

8,41522255

2,150

11,545

19156339753955296263203

1,180725550824

5,786

1981,02787960168936117

76034,0493,0885,8251,4052,5191,9433,664

982,076

1,3831,8981,030408296

1,355248

37,9371,496285

10,445

56,781

2,4255, 7053, 7745,0211,0333, 4774,0162,98411,3419,1605,6817,026

61, 643

3,08811,8737,318

. 7,295671

7,738688

502,750225620125285295250

77, 312

10012550255010025

2,10010025850

3,550

32543545065075175475200. 825400500550

5,060

2359505004005055050

971,28325449390146287160

55,163

4937641129417

1,390327

300

2,066

25645926254663135320218871477959485

5,051

40270278038215

too.

81,92012330310613412093

40,073

2012249254910024

1,4127525768

2,669

31843036364834116394160688374345448

4,318

1858433923955034550

60627,9982,4874,4071,0841,9501,2113,161

802,301

1,2591,548856316186912165

32, 5711,285229

8,315

47,642

1,4754,2822,6052,751814

2,7802,7072,4078,5377,6723,7435,377

45,150

1,6449,0065,6235, 939418

5,715547

5

530

2,649

14316

400

568

50658940025271120

302211117166

1,816

622340

1616542

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Page 518: Annual Report of the Comptroller of the Currency 1925

TABLE NO, 62.—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State, April 6,1925—Continued

(Amounts in thousands of dollars]

States and counties

VIRGINU—continuedBedford.... _ .BotetourtBrunswickBuchanan. _ .BuckinghamCampbellClarkeCraigCulpeperDinwiddie . _Elizabeth City „„„ _ _ „ „ _Fairfax - -FauquierFranklin -Frederick. . .GilesGloucesterGraysonGreensvilleHalifaxHanoverHenricoHenry. . . „ „HighlandJames CityLancasterLee . . ^ ._ ,LoudounLouisaLunenburgMeeklen barerMontgomery .NelsonNorfolk

Num-ber ofbanks

22I12aiI2

33322142326311116121416

Loans anddiscounts

i,m680567337449

15,178415252

2,1897.4981,531

7982,4042,1825,369,1,188

1371,2352,4543,105

76571,7442,983

415327303184

3,723» 1zm711

2,219546

42,005

Bonds andsecurities

20923342

1346

2,5835533

3372,2541,245

34821126489419713812323178830

9,62241827

1019314

1,217898056

28839

7,393

Due frombanks, in-

cluding law-ful reserve

and cash invault

21463389841

3,0234325

264973337426305199454148

27158311442

7522,967. 5 1 5

27136

6929

616578875

37134

9,875

Totalresources

2,449998705

m522

21,772519324

2,9073,2991,6243,1182,6796,9991,586

3231,6503,1084,570

888108,789

4,050489581481241

5,815737520850

2,996639

63,335

Capitalstock

150854050

1002,650

2525

2001,600

20012520020060015085

15028037575

6,30025025302525

3655071

100335

504,500

Surplus andundivided

profits

16494362325

3,0085223

231454226101295120927133

1585

30519222

8,759229

5843349

4912721

148221

344,546

Circulation

55853950

1,1918

2499

1,60020083

1381445941503595

115297

81,132

22925

2510

280486250

17210

3,986

Totaldeposits

1,844657489442373

14,386401247

2,1757,2032,5281,3032,3952,0794,1921,150

2381,2052,3533,558

76583,643

3, Q33309505397185

4,595612311551

2,097525

44,235

Bills payableand redis-

counts

20061963424

187305

196160141

1263

105670

11130

11414

6,01828969

1338

44

15412

4,328

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Page 519: Annual Report of the Comptroller of the Currency 1925

NottowayOrange - -_Page--,.-,..-., .........Patrick —Pittsylvania ....Prince Edward..,. -Prince WilliamPiUaski-Rappahannock _-___ ._Roanoke.--Rockbridge. .,RoekingnamRussellScott..ShenandoanSmytfc--SpotsylvaniaSuffolk ,—SussexTazewelUWarren.. ,WashingtonWarwick. _WiseWytheYork _

\, Total ,

WASHINGTON

Adams..,Benton _..Chelan-,Clallam—, _Clarke . . „ . . . - .Columbia _Cowlitz. _ _Franklin _Garfleld—_____Grant.. _Grays HarborJefferson _King._._ ._.._Kitsap _Kittitas.. _Klickitat _Lewis.Lincoln..OkanoganPacific. ___Pierce

2341323226442263iII6I32732

182

3111322111411723114423

1,2481,8111,262231

7,9421,505939

1,550370

17,6902,8474,405836764

2,2281,8031,0962,0092412,395633

3,7727,2803,853

947379

272,241

772322

1,266564

1,6401,17389530920663

2,093410

63,836555

1,162233372

1,825621569

12,594

24657140584

1,69732623340994

5,1325166391181083602498254662654191586

2,226722273339

54,505

194109206452

1,942*3455611805853

3,062973

40,59096692949528197359456

7,074

1172582482886620725726850

6,1955565171161563132474562483450258497

1,405717190122

60,927

13594342204953293688763413864153

31,08522941645194277285250

4,082

1,6982,7361,955365

10, 7992,1051,4822,349526

30,7704,1475,9361,1381,0613,0022,4062,4262,924316

3,561803

5,24511, 5385,6041,495864

407, 207

1,221571

1,9701,2674,8441,8522,336598321138

6,1881,573

141,3831,8062,661340

1,1282,4611,3641,308

25,012

1702251805065015010525075

1,9503505759554255210150500253105060040052519250

30,322

185501007525020022550502527575

6,4001252005050220150125

1,325

1232251648

1,0891608717129

2,2512365244748275237128208143635930458244218446

32,483

56858201232076110101

32553

4,8674059556563029606

14622374506111245124820

1,672874018553159155125350252513839739345214747

19,683

7025506

2501145049

20

13213

3,35620132

35249750671

1,1642,0101,532227

7,9941,5851,2301,422401

24,7393,4643,996873881

2,1321,7582,0231,615216

2,530568

3,6999,6004,036959716

301,223

855488

1,7621,1604,2121,29&1,933464236112

5,4461,494

125,0531,6132,236285988

1,9681,0451,099

22,362

955052828681

257

10

414372017628

213359872218464118

17,153

29

93067

5

5

39

28

39343

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Page 520: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 62.—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State, April 6,1925—Continued .,

[Amounts in thousands of dollars]

States and counties

"WASHINGTON—continued

SkagitSnohomishSpokaneStevensThurston «.Walla Walla__.Whatcom _Whitman..Yakima _ _

Total

WEST VIRGINIA

B arbourBerkeleyBooneBraxtonBrookeCabellDoddridgeFayette -GrantGreenbrierTT^Tppshirp,Hancock _ _ _ .HardyHarrisonJacksonJefferson _KanawhaLewisLincoln .Logan

Num-ber ofbanks

7682246g9

111

32111118131216216121

Loans anddiscounts

2,0137,977

28,523751

2,6154,9475,2514,2835,161

153,001

1,8252,151

726680887

13,447430

3,74860

1,009274975401

11,030581253

12,4751,180

5161,935

Bonds andsecurities

1,7554,2307,374

307800

2,2235,061

8221,716

83,571.

1,00672620194

2962,122

328847099

167434146

3,22768

1882,626

26897

241

Due frombanks, in-

cluding law-ful reserveand cash in

vault

7442,5027,595

1711,4771 5232,453

7141,935

59,826

361400125110158

1,84887

90819

15672

11761

2,28216440

3,352283206482 I

Totalresources'

4,69215,33845,597

1,3055,2569,250

13,3286,1109,878

311,096

3,3873,4581,150

9251,531

18,550591

6,000171

1,359529

1,572635

17, 274843489

19,3681,893

8482,884

Capitalstock

300775

3,00085

200450975625875

17,490

1402005060

1002,000

5039025

10050

100100

1,0507050

9606050

150

Surplus andundivided

profits

10730482625

275685651132364

10,049

2012601092783

1,39610

397117439

14546

1,2803147

2,259174100215

Circulation

129194

2,67784

100244198408194

9,392

1191955060

1001,424

3892575499994

9293449

924573212

Totaldeposits'

4,14614,02138,399

1,1104,6817,824

11,3744,8528,387

270,831

2,8032,774

824779

1,24812,121

5174,596

1101,083

390993351

13,774692344

14, 2171,562

6662,502

Bills payableand redis-

counts

6

413

4291

1,000

11929

110

1,39013

228

28

23544

16415

70520

s

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Page 521: Annual Report of the Comptroller of the Currency 1925

McDowellMarionMarshall...MasonMercer _Mineral --Mingo. _ --MonongaliaMonroe.. ---NicholasOhio.Pleasants _.PocahontasPrestonPutnam __Raleigh.RandolphRitchieRoane.-.SummersTaylor _-TuckerTylerUpshurWayneWebster..WetzeL...Wood.Wyoming

Total.

WISCONSIN

Ashland _BarronBayneld. . . ___BrownBuffaloBurnettCalumetChippewaClarkColumbia.- . . .Dane - - .DodgeDouglasDunnEau Claire.Fond du LacForestGrant

106224431313115123223132122152

23

222421221365233413

7,7127,5501,1121,2238,8721,7863,4202,0211,328479

7,9261,190 ;414

1,250201

2,0041,8651,126915

3,5871,566549

2,040895667482821

10,083506

128,173

2,7821,097405

7,517913371960

1,552259

1,22310,3501,6352,6492,5114,4397,400447

1,187

1,2654,187820136978

1,934339304247164

4,9841721155438114645222216786460668535624817235171

2,57730

35,992

1,14140892

2,187311170251

1,171200

2,0062,9392,6062,827887749

3,84053400

1,5062,127

291198

1,8295l5

1,01319226769

1,9879953

27522

50832724821251757213148313317491

2241,457

85

26,836

10,96714,4352,2851,58012,2244,4164,8922,5691,908726

15,4831,485607

2,147313

2,9902,7341,7151,3365,2282,9561,3942,9361,3051,057677

1, 24214,529

649

200,242

549141192

1,4771927292632148435

2,938648

1,419719

1,6522,687

26207

4,7911,760733

11,5701,444625

1,3853,483631

3,75317,4995,0347,0834,3247,140

14, 523579

1,939

725745100130

1,1002303508015040

1,1001002512550300250100752002001252055090506579650

13,361

2007560

1,150752510020050175

1,15531040025037597550175

9631,294161124

1,13127024923417137

1,241102451198

222226771103932501301721408134

'1181,466

30

16,502

2516026712193158

30617131475273296891337941081

468730991293462062507811225

1,089982510550127449966200

10,339

8,58111,5801,9231,1109,0433,6914,0431,9361,474624

11,3141,088513

1,795206

2,3412,2141,4091,0843,8942,4521,0282,342864794585958

11, 235534

194

"5858715

241 W

720 O

O

15 ft

405a2o 2

143 hj

"50 O

1 E153,001

1984925674132599174499960527822122535764549100

4,1331,574622

8,7501,336544

1,0582,803513

3,54814,7864,1486,1143,7596,26912,073

3771,503

5,882

— H268 &

1 O"69 ^

Q

1 £Or

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Page 522: Annual Report of the Comptroller of the Currency 1925

TABLE NO, 62.—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State, April 6,

1925—Coptinued[Amounts in thousands of dollars]

States and counties

wiscoNsiN^continuedGreen . - .Green LakeIowa -.._ .Iron ._JacksonJefferson,,,.- «. . ..KenoshaLa CrosseLa Fayette.Langlade _LincolnManitowoc.Marathon . _ .„..- _MarinetteMilwaukee- _ .Monroe - .OcontoOneidaOutagamie _ .Oza,ukee.pepin- - -fierce , . - .PolkPortagePrice., „„_ _ -Bacine - _.BichlandRock

Saint <5roijr -- - -—Sauk . .._-Sawyejr - - -Shawano _ - -Sheboygan -

Num'berofbankg

211

a322I12491225123

223

41

12ai

Loans §nddiscounts

1,01?93081$223796

1,6260,1405,8161,7352,1801,0441,4596,193

im105,954226

1,1301,1687,575

137$4269444^

7009,200

6444,361

2751,539

93044

1,3454,539

Bonds andsecurities

751766421507311

1,7664,8953,553

$33946631829,540

2,15822,020

fS3721,935

50279

367104

1,601583

3,52354

2,205

93434522

3521,405

Due frombanks, in-

cluding law-ful reserveand cash in

vault

32424012370

189556

2,9281,716

77042a159472689733

30,45785

243268

1,704

2201431Q3617307

2,340

n1,50834

53926997

3871,003

Totalresources

2,2512,0341,463

8101,3354,104

17,37?11,2873,4873,6661,9002,8497,7125,414

164,413620

2,1851,944

11,624733

1,2511,238

6774,4281, 653

8698,323

34$3,002

1992,1897,396

Capitalstock

1001401005050

375850900200200100200650250

9,65050

12520088550

1007550

30050

85050

40050

17510050

215500

Surplus andundivided

profits

13982801563

324558920244

* 9Q177423352

8,308296393

56655594416

14935

87150

5211

121725

54614

Circulation

9925

1004912

29011225018719799

150'397215

3,67640

109150583.50393125

16750

15050

268

125996

123

Total •deposits

1,8891,7881,160

6971, 2103,106

15,7359,1352,8563,Q471,5182,3016,0584,550

137,3,23495

1,8871,5019,501

5791,0521,088

5873,6911,517

13,800563

7,116292

2,6701,319

1331,7956,241

Bills payableand redis-

counts

75

162

3,629

19

100

138

4

hi

iOhrj

ao

ael

13

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Page 523: Annual Report of the Comptroller of the Currency 1925

TaylorTrempealeauVernonVilasWalworthWashington * .. _Waukesha * .Waupaca . mWinnebago ._Wood

Total

WYOMING

Albany* fc _.Big HornCarbonConverseGoshen ^ «...,JohnsonLaramieLincolnNatronaPark.SheridanSweetwaterTremontUinta-

Total

2111423655

158

22411131452312

32

710180467207

2,1521,2344,3772,5609,6726,052

254,436

2,707172

2,041369170306

3,9031,1775,359

8251,2573,090

255772

22,493

10150

215144

1,070680

3,3371,2025,5691,485

92,431

45929291916144

1401,613

9151,268

304536905148427

8,131

118439927

602267

1,301809

2,9091,049

71,165

748152691191109101

2,398449

1,913546360

1,171162222

9,213

1,017292822412

3,8912,2999,4164,804

19, 3759,348

436,144

4,115682

3,877745332596

8,2372,5699,0201,7962,2645,580

6041,488

41,905

60255026

2501255.50260

1,105700

27,040

20055

315502650

70010045015017528075

109

2,725

275

1710

254143658129

1,050456

21,810

29127

225111054

29816439910779

33531

103

2,134

59254925

234124497195648690

14,354

19825

14850

49168

9834878

14926750

100

1,728

855237706352

3,1471,9027,7884,206

16,4997,293

364,895

3,422575

3,179634297443

7,0572,2027,7801,4131,8624,698

4471,185

35,194

10190

4, 839

15

4245

102

wteloog

o

Cnt

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Page 524: Annual Report of the Comptroller of the Currency 1925

TABLE N O . 62.—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State, April 6,1925—Continued

lUBCAPITTODATlON B T STATES

[Amounts im tkous&mds «f dollars]

00

nwwoo

o

H

W

o

3o

StatesNum-ber ofbanks

Loans anddiscounts

Bonds andsecurities

Due frombanks, in-

cluding law-ful reserveand cash in

vault

Totalresources

Capitalstock

Surplus andundivided

profits1 CirculationTotal

depositsBills payableand redis-

counts

Maine. _ _New HampshireVermontMassachusettsRhode IslandConnecticut

Total New England States.

New YorkNew JerseyPennsylvaniaDelaware __.Maryland :District of Columbia

Total Eastern States

Virginia.West VirginiaNorth Carolina.-South Carolina ---Georgia.. -Florida. -AlabamaMississippiLouisiana -TexasArkansas..KentuckyTennessee . .

Total Southern States

5854461561762

63,04735,20731,330768,44140,883146,950

56,93025,08422,742259,75326,07068, 515

13,76610,0985,786

177,9709,60437,456

137,17173,20661,643

1,323,38278,223266,746

7,3705,2405,06073,0176,32019,993

10, 0337,6765,05189,5239,39526,076

5,5784,6324,31819,1434,7109,983

111,63852,69745,150

1, 038, 50156,319206,630

1,085,858 459,094 254,680 1,940, 371 117,000 147, 754

533258866188413

2,624, 526382, 020

1,386, 21710, 559

145, 91474,027

1,430,855304,402982,1239,47281,11735,454

1,070,42388,068446,1002,12545,92527,018

5,490,179803,094

2,930, 78422,977283,922147,435

242, 03039,938142, 3391,73517,0299,327

420,87553,786284,9833,03923,6168,431

48,364

65,06620,85281, 2211,1379,3884,491

1, 510 935

4,415,773668, 331

2,357,06616,605227,303122, 390

1,772

182~12384749156102363357987139105

2,843,423

272, 241128,173128,71781,641128,496125,92199,61844,68776,007,534,92954,134173,718145,480

54,50535,99220,86117,93421,93656,85532,84818,60813,543144,93916,81650,61528,906

1,679,659

60,927

9,678, 391 452,398 794,730

30,47622, 72047,33482,78135,93715,11424,582252,08325,545:45,87745,171

407,207200,242192, 419132,841209,196272,083175,47181,499123,722982, 076100,615279,274229,956

13,36114,06611,17516,14010,33013,0705,2858,87577,3127,93018,57117,356

32,48316, 50212,2257,53715,5007,84013,2574,1276,18155,1635,46220,07012,921

182,155

19,68310,3399,5236,5948,4965,2219,2272,8924,07640,0733, 75115,79913,251

7,807,468

301, 223153,001141,379101,915163,718246,867136,91866,97196,824

802, 30182,543217,827181,876

1,691 1,993,762 514,358 715,383 243,793 209,268 148,925 2,693,363

2,0662,7931,816

44, 391803

2,583

54, 452•• ' =

162, 93115, 64435,844

4264,1491,728

220, 722•• ' ' a s

17,1535,88210,8513,1213,843

162'2,0651,7294,6422,649687

4,7052,875

60.364

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Page 525: Annual Report of the Comptroller of the Currency 1925

OhioIndianaIllinoisMichigan

@$ W i s c o n s i n~3 M i n n e s o t a _ ___!sj Iowa05 Missouri

Total Middle Western States

5 North Dakota..South DakotaNebraska __ _ .Kansas

£0 Montanatf*- Wyoming __ .

Colorado..New MexicoOklahoma.- _

Total Western States _.

Washington . _OregonCaliforniaIdaho . _ __ _ ._UtahNevadaArizona _ _

Total Pacific States..

Total United States

357246501124158327341131

2,185

1611131722568532

13733

401

1,390

11199

26357211018

579

8,010

489, 834217, 566928,131270,399254, 436355,859244,204353,005

3,113, 434

53,30947,739

147,493125,47339, 55922, 493

132,77715,793

192,760

777, 396

153, 00191, 244

543, 56929,17830,8428,755

14,886

871, 475

12,465,188

249,67099,658

324,919130, 72092, 431

162, 04275, 859

107, 526

1, 242,825

27,38318, 22137,84245,86220,5058,131

76,7174,634

75, 724

315, 019

83, 57155, 418

203, 84810,10111, 6444,7214,486

373, 789

5, 748, 508

131,92465,040

347, 20181,94771,165

122, 50770, 790

143, 255

1,033,829

18,84118,79958,30659,42518,1509,213

67,7776,046

117,171

373, 728

59,82635, 270

181, 7129,245

11, 5452,7156,234

306, 547

4,363,826

912,238403,199

1,667,285506, 450436,144669,917414,165620,423

5,629,821

106,73489,916

256,968243, 59882,80041,905

285,78528,506

408,668

1,544, 880

311, 096192, 529982, 444

52, 01456, 78117,18528,079

1,640,128

23,820,192

62,28031,94893,95325,82727,04038,33326,44341,796

' 347,620

6,4905,170

16,37017,6585,7852,725

12,8652,310

27,700

97,073

17,49013,38961,5313,9153, 5501,3851,500

102, 760

1,360, 644

69, 22423,79194,67926,83521,81028,48417,67527,109

309,607

3,6733,070

11,37411, 2163,5292,134

12,2971,075

10,177

58,545

10,0498,060

52,2771,9862,066

7691,037

76, 244

1, 596,148

41,12925, 31830, 53613, 55714, 35414,82817,66417,018

174,404

4,3372,9398,4259,9562,4751,7285, 5391,3298,641

45,369

9,3923,399

30, 2052,3302,6691,180

567

49, 742

648, 959

702, 595309, 259

1,391,494435,244364,895581, 237343,289527,278

4,655,291

91,53977,031

216,313203,02870,39435,194

253,28323,584

359,890

1,330, 256

270,831163, 537812,84442, 43647,64213,82224,403

1, 375, 515

19,372,828

24, 3148,699

33, 8982,3474, 8392,0887,1882,710

86,083

5891,6103,112

587510102

1,112175

1,228

9,025

1,0003,6448,3781,238

568

321

15,149

445,795

i Exclusive of reserve for taxes, interest, etc., accrued.

3

O

HW

ao

O

HWtelQ

en

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Page 526: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 63.—Principal items of resources and liabilities of national banks, arranged alphabe cally by counties in each State, byFederal reserve districts, April 6, 1925

FEDERAL RESERVE DISTRICT NO. 1

[Amounts in thousands of dollars]

too

•States and counties

CONNECTICUT

HartfordLitchfield __ __ ________ ________MiddlesexNew HavenNew London _TollandWindnam _

Total

MAINE

AndroscogginAroostookCumberlandFranklinHancockElennebecKhoxLincoln. _OxfordPenobscotSagadahocSomersetWaldo . _.WashingtonYork...!. -

Total

MASSACHUSETTS

BarnstableBerkshireBristol. .

Num-ber ofbanks

787

14834

51

378324543222229

58

31111

Loans anddiscounts

39,3586,7376,541

55, 5058,2341,2563,029

120,660

7,2665,470

19,072906

1,1315,8132,0681,6571 2845,242

9342,065£397

5897,15.3

63,047

12'09946,306

Bonds andsecurities

9,1813,4203,842

20,4196,146

8214,359

48,188

6,6671,081

10,6841,2841,9737,0884,8221,467

4'182

£m2,7222,6732,1945.208

56,930

1,38810,96116,855

Due frombanks, in-

cluding law-ful reserve

and cash invault

10,7811,3881,477

12,2172,345

6501,156

30,014

1,311660

4,785325269

1,084692324412

1,059405285319209

1,627

13,766

3842,8817,513

Totalresources

63,67611,79612,35192,87817,4152, 9138,780

209,809

15,5977,766

35,2112,5713,429

14,4647,7693,498"3,686

10,8044,3695,1565,4423,049

14,360

137,171

3,61626,60572,795

Capitalstock

4,9661,0551,0696,7502,050

250320

16,460

800440

2,000150100650405175150600625200250200825

7,370

2501,4754,420

Surplus andundivided

profits*

7,522997808

8,5372,362

402697

21,225

1,308717

2,393186221647448264281

m624534304141

1,254

10,033

8033,2546,324

Circulation

2,334708894

2,889745196

7,961

616161

1,5959068

68536012988

477468199107147494

5,578

173837

2,978

Totaldeposits

47,7108,9229,379

73,63812,170

7 630

161,354

12,6585,937

28, 5522,1462,947

12,2536,5012, 9193,1378,8702,7064,2144,6972,560

11,541

111,638

2,82720,46754,177

Bills payableand redis-

counts

69155

20156050

155

1,712

1Q0475514

1003201010

24744

246

2,060

68456

4,590

H

oI

Pio•3

fe-

es

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Page 527: Annual Report of the Comptroller of the Currency 1925

DukesEssexFranklinHampdenHampshire . ____MiddlesexNantucketNorfolkPlymouthSuffolk . .Worcester _*___ __„.

Total. _______._„________.-...

NEW HAMPSHIREBelknap • - „CarrollCheshire __ ' _____Coos _Grafton.. . . ___.__„_HillsboroughMerrimackRockinghamStraffordSullivan. _ _______..

TotalRHODE ISLAND

Kent...NewportProvidenceWashington

TotalVERMONT

AddisonBennington.- _ __ .CaledoniaChi t tenden.EssexFranklinOrangeOrleans. _RutlandWashington _ _ _ _ _WindhamWindsor..

Total- .

2256

114

28187

1623

156

4157695665

54

13

121

17

44321342

10427

46

98037,8235,489

47,9057,478

40,898488

4,21113,110

500,49549,363

768,441

1,549493

4,0152,2302,494

10,9615,45J2,6582,6642,690

35,207

2522,069

38, 454108

40,883

1,1942,8931,9763,176

6522,0452,3311,2364,9673,3413,8713,648

31,330

51424,1703,021

20,8342, 736

32,379202

7,7398,933

101,92328,098

259, 753

1,5811,0481,9131,850

9118,7482,4992,4532,1641,917

25,084

5022,119

23,40049

26,070

9852,1551,2731,160

3101,0581,3331,3744,7005,005

9632,426

22,742

1338,154

9399,0741.6139,089

1491,5373,061

123,8839,560

177,970

524153758502789

3,8631,361

819782547

10,098

368616

8,59327

9,604

19156339753965

296263203

1,180725550824

5,786

1,67573,2289,667

81,84012,03881,954

88013,99525,716

830, 39588, 978

1,323,382

3,7921,7256,8974,8514,340

24, 5079, 6766,3055,8295,284

73,206

1,1354,953

71,949186

78, 223

2,4255,7053,7745,0211,0333,4774,0162,984

11, 3419,1605,6817,026

61,643

754,205

6754,050

7504,400

100802

1,73545,6004,480

73,017

27060

775500400

1,150675485550375

5,240

100420

5,700100

6,320

32543545065075

175475200825400500550

5,060

1495,8031,0866,0441,4134,976

87960

1,94851,7675,409

89,523

36163

1,021501553

2,1881,394

386659550

7,676

187387

8,78833

9,395

25645926254663

135320218781477959485

5,051

752,361

6631,833

3452,833

49488488

2,4363,584

19,143

25959

759444307

1,116547461309371

4,632

49407

4,22925

4,710

31843036364834

116394160688374345448

4,318

1 ?7459,8717,080

68,0869,483

68,741619

11,59021,392

639 21073, 684

1,038,501

2,5811,5423,9093,1512,970

19,3406,6814,7624,1023,659

52,697

7993,679

51,81328

56,319

1 4754,2822,6052,751

8142 7802,7072,4078,5377,6723 7435, 377

45,150

85865161

1,59325

81525

14550

33 8621,656

44, 391

321

422252110705301208195279

2,793

60743

803

506589

40025

271120

302211117166

1,816

1

1 Exclusive of reserve for taxes, interest, etc., accrued.

3ad

3o

Orto

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Page 528: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 63.—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State, byFederal reserve districts, April 6, 1925—Continued

FEDERAXi RESERVE DISTRICT NO. 2

[Amounts in thousands of dollars]

States and counties

CONNECTICUT

Fairfield....

NEW JERSEY

Bergen _ -EssexHudsonHunterdonMiddlesexMonmouthMorris - - -PassaicSomersetSussex _ _ _ -UnionWarren..

Total

NEW YORK

AlbanyAlleghanyBronxBroomeCattaraugusCayugaChautauqua . ._Chemung _.ChenangoClintonColumbiaCortlandDelaware

Num-ber ofbanks

11

3026141118229

1242

139

170

771758

163

10554

15

Loans anddiscounts

26,290

21,31472,60046, 5103,615

25, 22219, 55514, 65937, 2863,1412,804

20,3335,090

272,129

53,4582,6843,054

11,90310, 9384,954

23,3738,8776,4068,5163,8435,2978,182

Bonds andsecurities

20,327

21,27461, 53136,7919,155

16,45013,8669,375

32,8435,3304,554

17,4179,768

238,354

31,6661,3792,2086,1303,5316,5188,9303,9866,7475,1396,3714,1995,767

Due frombanks, in-

cluding law-ful reserve

and cash invault

7,442

5,04320,62110,6471,3334,9843,2632,8117,331

982504

5,3891,443

64,351

19,509526

1,3992,7121,6641,7654,7841,6161,1191,622

9311,5831,249

Totalresources

56,937

49,370159, 31898,19414,35247, 85338, 33827, 52581,1999,6268,116

44, 36216,634

594,887

107,2344,8386,816

21,24016,88113,44738,25014, 71514,61715,81011,38311,27915,574

Capitalstock

3,533

2,0758,6254,850

7072,1751,7801,0005,339

305500

2,075810

30,241

3,500475300775

1,400680

1,958700

1,025700700450950 ]

Surplus andundivided

profits

4,851

2,2589,7855,5441,1912,5722,4261,5975,611

518679

2,3511,575

36,107

7,008463223

1,2551,5211,0272,6371,2131,065

983860541

1,381

Circulation

2,022

1,0632,8873,317

577539665587

2,90375

394906745

14,658

2,08243750

225868624

1,003529721586426418760

Totaldeposits

45, 276

43,095135, 94181, 59811, 85542,13931,88923,99066,0108,6946,484

38, 65913, 308

503,662

93, 3913,4556,223

18,82912, 84310, 90631,60611,90411, 56813, 1269,2559,803

11, 750

Bills payableand redis-

counts

871

744994

1,90615

1871,525

2555283050

269160

6,663

1155

102241167928288205400

9565

714

ortoto

IW

O

ihi

o

a0

oHi

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 529: Annual Report of the Comptroller of the Currency 1925

DutchessErieEssexFranklinFultonGeneseeGreeneHerkimerJeffersonKings,.Lewis.LivingstonMadisonMonroe..Montgomery..Nassau...New York.._.Niagara-OneidaOnondagaOntarioOrangeOrleansOswego

Putnam;QueensRensselaerRichmondRocklandSt. Lawrence..SaratogaSchenectady__SchoharieSchuylerSenecaSteubenSuffolk........SullivanTiogaTompkinsUlster __-WarrenWashingtonWayneWestchester...Wyoming.. . .Yates

Total...

14958227131275455925278179- 523181331185615823231022116513514122661

533

u, yyo41,5742,0874,7908,0032,9002,14612,409' 12,71336,2561,1912,3193,16417,5855,85616,426

-. 2,024,490v 17,98230,48815,1174,59317,444, 2,736f 5,123f6,907: 37913,66515,6363,1245,8387,1196,2319,531.. 813462934

6,4909,1216,2982,4544,2337,35111,7328,2636,10238,9742,777225

. j ; 2,624,526

11,74828,2412,1961,3573,1661,9982,5507,5288,96314,6391,9812,7603,8093,26215, 52516,566

944,3408,19212,1688,4334,88519,6341,1897,26812,0961,02412,30337,3543,3796,9567,6427,6363,8823,5331,2401,4246,25910,6396,5942,9783,5636,7285,5097,7988,27245, 0013,942134

:.; 1,430,855

2,97212,023

845925

1,066532908

1,9892,2308,893802629

1,0672,7982,1863,893

922,0713,3755,3712,998901

3,872428

1,7701,889464

3,4766,606980

1,4321,6691,6531,840382228462

1,9202,4481,091585

1,1071,5811,9761,7781,6149,49565074

1,070,423

26,33784,5075,2087,28712,7735,5425,77322,87225,09062,1084,1345,7798,20824,65723,96038,189

••- 4,220,41030,19549,48827,06510,58341,9744,45014,55821,3361,883

30,78860,633• 7,75914,648

• 17,11715,87415, 7974,7722,0062,90315,08922,93414,3416,2119,03816,09019,51318,25116,33595, 7257,460445

V 5,490,179

1,6453,415300575

1,000200550

1,1251,5552,650200350360

1,4501,2001,610

180,0001,8753,6051,985525

2,301100625950200

1,7252,315575600875

.66070017575100625

1,050700450625

1,175401835830

3,22530050

;$£• 242,030

2,2403,305509842883330517

1,7181,5734,158331250432634

2,3631,840

337,6401,9404,2671,625647

3,374168675

1,802150

1,2563,702570995

1,369880

1,133288131129

1,0901,571939411620

1,9552,3351,158759

4,76241517

; ;., 420,875

8312,657260178690148214

1,0011,090"971166229309

1,162953618

26,5501,3881,861826162

2,00849452755110627

1,2011931557355592901597479500600424300319791310522624

1,92529913

.§&$ 65,066

21,37372,2824,1215,3739,9454,7584,26318,78420,24152,4253,4154,9417,075

20,31319,17733,549

• 3,354,33524,84438,85222,0449,21933,5214,13312,61517,7221,422

26,71151,2726,24712,80413,47613,71413,3804,1501,7262,59612,80319,34011,4174,9327,41611,75016,31115,64613,81384,1296,373366

£,4,415,773

* 2002,570

287

75220173 M546 ft

1,410 Htf12 O

W20 H843 -189 g497 ^

144,580 H14 a254 H307 H

/~\639 §

148 5106 Jjj

375 o1,820 F147 f125 H635 ' W15 _150 §

LJ

28 g340 a

838. Q117 'A45 S370 M65' ft25 j a304 o

1,205 K{12 ^

162,931'? ox

toCO

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 530: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 63.—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State,Federal reserve districts, April 6, 1925—Continued to

FEDERAL. RESERVE DISTRICT NO. 3

[Amounts in thousands of dollars] .i - * •

States and counties '<

DELAWARE

Kent.. . .New Castle -_Sussex

x Total

NEW JERSEY

Atlantic—Burlington. ._CamdenCape MayCumberland. „GloucesterMercerOcean.. _ _ .Salem.. __

Total

PENNSYLVANIA-

Adams „„;.,.BedfordBerksBlairBradfordBucks . „ , -—Cambria - -Cameron .CarbonCenter - m

Num-ber ofbanks

675

18

12141477

11887

88

97

20131712201

1010

Loans anddiscounts

2,9375,5932,029

10,559

21,4576,765

24,6375,2878,2446,551

28,2214,1794,550

109,891

5,5981,745

32,1939,5926,3195,320

29,8381,4905,9356,555

Bonds andsecurities

4,0174,0521,403

9,472

9,1406,3409,6583,1025,5105,377

18,4603,7314,730

66,048

3,0961,409

15,4183,9707,046

10,06012,563

7548,1223,712

Due frombanks, in-

cluding law-ful reserveand cash in

vault

^ 4971,316

312

2,125

3,4491,4645,726

7231,7021,3187,820

790725

23,717

713400

5,6353,1121,5351,7236,278

2311,2771,821

Totalresources

7,61111,4723,894

22,977

36,26814,90541,0779,569

16,26313,83057,0368,940

10,319

208,207

9,8193,713

55,66217,97715,39417,51450,6012,570

15,67912,724

Capitalstock

622813

• 300

1,735

1,5001,0501,725

725800700

2,147425625

9,697

525205

2,950975

1,010957

2,470200

1,000775 1

Surplus andundivided

profits

1,1451,502

392

3,039

3,1501,2922,6971,1491,9771,3594,258

6681,129

17,679

813250

7,7641,9001,3352,6694,426

2111,4061,126

Circulation

363651123

1,137

574708811505519426

1,979228444

6,194

486162

1,891697926650

2,201197795561

Totaldeposits

5,3018,3292,975

16,605

27,55811,48534,3076,468

12,22410,90246,7497,1507,826

164,669

7,7072,944

40,78514,31211,89113,05640,9353,854

12,3679,902

Bills payableand redis-

counts

17716188

426

3,185360

l,20C649705426

1,717458281

8,981

277151

2,03474

2311733759987

285

n.wOQ

o

I

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Sa

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 531: Annual Report of the Comptroller of the Currency 1925

Chester.ClearfieldClintonColumbiaCumberland .DauphinDelaware^Elk .Franklin.- .FultonHuntingdonJuniata _ _ . _.Lacka wannaLancasterLebanon. _LehighLuzerneLycoming..McKeanMifflin—MonroeMontgomeryMontour_NorthamptonNorthumberl andPerryPhiladelphiaPikePotterSciiuylkillSnyder... _SullivanSusquehannaTioga..UnionWayne.. _WyomingYork

Total

20143

12g

10144

101

107

14358

122113884

273

1614

Q3216

296

a99436

29

561

14,77812,3472,1515,5023,4793,961

16,5532,9058,093

2314,4472,319

29,38423,5176,255

19,20232,16116,4099,1564,6884,579

23,6811,290

20,41911,8242,416

467,023146

1.38924,1792,455

4864,1905,028

9131,3751,433

22,987

916,835

13,9718,2542,5677,0162,9955,326

13,6924,6167,748

2743,5971,262

45,91420,6885,711

17,75047,1435,7674,9232,3332,207

24,3963,405

26,38610,9902,367

147,2681)96568

29,2831,4021,D314,6853,2841,4582,8662,942

17,433

570,354

3,3342,899

7511,376

7782,4753,8671,3421,626

791,129

4188,7625,9191,3863,4878,0952,5272,072

662739

4,907477

5,3172,656

572180,394

89312

5,385634161

1,024728281356519

4,819

284, 879

33,17524,2475,688

14,4127,523

12,04135,6739,063

18,128618

9,4584,126

86,96352,36512,73741,68890,72026,03116,5827,9497,942

54,7695,414

54,05626,8145,508

825,657839

2,38760,6004,4831,703

10,2049,5662,7424,6835,007

47,015

1,840,229

2,2901,750

255860725725

1,960650

1,35525

635285

3,8853,355

9002,7004,3001,7851,290

600500

2,902375

2,9201,460

34028,980

25225

2,770225100550500250250305

3,310

87,374

4,5712,642

9691,274

6411,6823,6911,1292,188

59850546

7,5266,2741,4365,0649,9554,0851,207

613875

6,374677

3,8723,773

65578,969

81218

6,788602137612660484404541

4,671

188,695

1,6501,380

137556343422

1,36552790725

552243

2,1512,362

4541,7652,1731,597

556491248

2,390373

2,2701,064

3026,717

25221

1,655222

98458432150242287

2,556

47,932

24, 05818,0624,287

11 6135,7549,134

27, 5896,730

13,614509

7,0712,962

72,14039,0669,765

31,79573, 58317,49913,3595,3785,558

42,2243,939

43, 96219, 8784,071

681,813709

1,68348,8733,3581,3698,5147,4781,8353, 7673,863

35,480

1,468,095

55227840733875

995

25

31990

1,0971,193

1505556

90925

83768260450

912304130

9,022

39387

50

60487

1510

984

24, 837

o

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Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 532: Annual Report of the Comptroller of the Currency 1925

TABLE NO, 63.—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State, byFederal reserve districts, April 6, 1925—Continued

FEDERAL RESERVE DISTRICT NO. 4

[Amounts in thousands of dollars]

to

States and countiesNum-ber ofbanks

Loans anddiscounts

Bonds andsecurities

Due frombanks, in-

cluding law-ful reserveand cash in

yault

Totalresources

Capitalstock

Surplus andundivided

profitsCirculation

Totaldeposits

Bills payableand redis-

counts

I

w50 _

275 g

"59 'TJ

"574 |p

O

38 ^

""6 g"303 H26

d

85 g

--- I"25 ^

"145116

KENTUCKYBell -BourbonBoydBracken . . .BreathittCampbell _ClarkClay_-Fayette _..Floyd. . .Garrard —Grant - ~ _.GreenupHarlanHarrison ___JessamineJohnson.. .KentonKnoxLaurelLawrenceLetcherLincolnMadison ._.Magoffln _.Mason _MontgomeryMorganNicholas..PendletonPerryPike _ _ _ - — - — .

1,785699

6,7321,039

4182,8162,338

33511,258

222580454602

1,6231,591

6541,571

11,3221,233

6161,1551,6191,2062,210

4801,1881,363

293119201

1,1002,850

234387

1,548640106

1,514617

713,488247259105253516557159386

2,639801221885402247046538824027190237110449

444142

1,3253006938443070

2,11311423135213544255210300

1,45213124532245619849585

1,406506349070130504

2,6421,25210,9702,000634

4,8353,502494

17,799604

1,093604

1,101

2,4711,0572,31915,8981,6061,0051,6852,6751,7173,506642

3,0552,207358404520

1,3854,028

200100

1,0751005020030050

2,2502510050100275200125200

1,11080508015015035025150200252560100450

15413267620515

46737331

1,54531159466092265127238

1,065148541521801773033512733431

216

12199

1,012724819829237

1,9986

100503721019699200

1,0863750791501502932511314725

20100304

2,116644

7,5061,617462

3,7502,459375

11,145542725423899

2,2541,779701

1,62512,3441,315850

1,3662,0971,2132,550558

2,6611,496277348430957

2,876

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 533: Annual Report of the Comptroller of the Currency 1925

PowellPulaskiScott _Whitley .....

Total

OHIO

AdamsAllenAshlandAshtabulaAthensAuglaizeBelmontBrownButlerCarroll- .-_ChampaignClark . —ClermontClintonColumbianaCoshoctonCrawfordCuyahogaDarkeDefianceDelawareErieFairfieldFayetteFranklinFultonGalliaGeaugaGreeneGuernseyHamiltonHancockHardinHanisonHenryHighlandHockingHuronJacksonJeffersonKnox __Lake..__Lawrence

1423

78

23155512781565772559421519112 '4716165142428422

3372,9921,2541,441

67,696

7482,856588

3,5842,5324,02111, 5832,0608,202261

2,76810,3041,1603,4167,5632,2062,92365,9533,7721,6951,1752,7652,5671,35250,770

434496845999

2,92788,1002,3841,5602,599838

1,762822

2,783715

7,6571,1991,8813,113

219602183128

18,422

204767414

2,8451/8181,1046,7021,0085,344574969

1,6671,1911,3724,9181,4611,48934,4131,0231,106667

1,0941,599174

20,970351287959750

2,24947,8181, 054911

1,194186

1,0771,0271,4281,2987,0071,3662,4521,060

59510319438

14,629

85621297850542631

2,529374

2,29488466

1,771434533

2,396483733

12,626577392245464921121

16,70420176243735

1,02935,532

399433454145345223426335

2,066460713412

6174,2311,8672,120

105, 772

1,0744,4281,3737,4725,0376,00821,7103,60116,824

9404,46915,4162,9505,73415,5654,2965,494

118,0795,7213,410• 2,1374,4065,4051,659

93,1061,044893

2,1122,5856,521

176,3234,1022,9824,3561,2073,2952,1264,9722,38717,5883,1655,1904,943

25325125100

8,970

90325100600450510

1,125385

1,175100502

1,175280550775200475

4,950715275250200500100

4,75050100100250440

13,97525022537550310100275200

1,125225250800

5926115099

8,131

81144160667419355

1,901395

1,55543668

1,022256467

1,765472446

4,71773620214536044868

6,8054969157423604

14,13916530630557264154336184

1,094249290309

2527112571

7,846

642035040914550984735184198499787264519734149358

3,5394302731999827949

3,0064910050214337

6,3082242233575017899143102844187200511

5083,2921,4521,838

77,450

8143,7421,0635,4933,6454,63317,2712,27413,174

6992,63211,6522,1493,65311,9713,3264,10691,7803,4632,2941,4773,6974,0931,07174,338

895622

1,8051,6985,091

137,098o,4092,2053,1691,0512,5121,5164,1881,90114,2802,0944,3582,873

80

12

2,719

2510

293205

50517527

168778

20725915098

7,780363276665013272

2,823

442,517

2718134

3225730

14536050362

n.o

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Ewo

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Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 534: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 63.—Principal items of resources and liabilities of national banks, arranged alphabeticallyFederal reserve districts, April 6, 1925—Continued

FEDERAL RESERVE DISTRICT NO. 4r—Continued

[Amounts in thousands of dollars]

counties in each State, by

States and counties

OHIO—continuedLickingLoganLorainLucasMadisonMahoningMarion _ .Medina,MeiersMercerMiamiMonroeMontgomeryMorgan __MortowMuskingumNobleOttawaPaul dingPerryPickawayPikePortagePreblePutnam ._RichlandRossSanduskySciotoSeneca .Shelby..Stark __.

Num-ber ofbanks

41215534348585333331524523512635

Loans anddiscounts

3,771712

1,4885,4312,612

23,0082,7002,993

7562,2255,242

19,'7981,2231,1116,4451,1071,8281,073

3982,185

5033,0632,407'432

2,1893,616

6 2446 6611,885

18,128

Bonds andsecurities

1,895129

1,493"6,167

5516,987

7751,537

530422

3,138888

6,135841430

3,7071,1741,352

22643(3880429

2,727975208

1,8952,1601,2992,4162,886

6237,019

Due frombanks, in-

cluding law-ful reserveand cash in

vault

702167343

2,049299

5,576498525296267

1,564800

6,008313122

1,533206323197127554333969502143582802333

1,3421,400

4573,283

Totalresources

6,4671,0893,508

14,1813,783

39,0014,3145,1561,6433,057

10,4442,742

34,4422,4731,733

12,0402,5653,5811,5951,0303,7741,2906,9023,983

S304,8726,9843, 350

10,48210,3233,086

29,653

Capitalstock

500100210500345

4,250530266150225940165

2,47530016052514515014075

435125430235

60200600200600800233

1,750

Surplus andundivided

profits

68263

1401,539

3413,676

' 215285154242

1,190211

l,9f>4206183

1,2012321616652

41511259034139

38179295

1,1441,064

3532,504

Circulation

38910097

492317

1,98742918771

125887130

1,809289157518142559375

29112533815155

193528100498698229

1,286

Totaldeposits

4,666791

2,98610, 7652,535

28,1253,0254,3051,2692,3926,8612,185

27,4551,6131,2009,7751,9593,0951,284

8282,623

8845,5453,214

6514,0934,7692,8267, G777,7322,057

23, 847

Bills payableand redis-

counts

2313555

SOO223380114104

7328C

52595

5832

8512C

12

1044

4125

29413015025

20445

to00

w

o

H

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Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 535: Annual Report of the Comptroller of the Currency 1925

SummitTrumbullTusearawas . _Union...Van WertVintonWarren _„ . . _ _ _ __Washington . _Wayne _WilliamsWood.... .Wyandot _____

Total __

PENNSYLVANIA

AlleghenyArmstrong ,_BeaverButler.Clarion _CrawfordErieFayette _ForestGreene..Indiana _JeffersonLawrence. _ __ _Mercer.._SomersetVenango __ _ _ .WarrenWashingtonWestmoreland __ _ _

Total. _ __

WEST VIRGINIA

BrookeHancock. _MarshallOhio. ._Tyler .___Wetzel

Total

246131964433

357

521115138

10142635

12129

1324

65

2740

305

122321

11

7,0786,8934,051

4451,961

1852,6137,4443,3722,957

5591,004

489,834

247,6735,9098,916

12,3556,7906,344

23,41622, 787

1,0145,982

10,3195,4549,214

15, 4477,769

14, 59712,14524,13829,113

469, 382

887975

1,1127,9262,040

821

13, 761

4,4553,4753,436

88593296

1,1413,1151,4461,116

498320

249, 670

259, 6496,1918,5883,8294,1144,259

12,58817, 570

5981,6947,1965,0629,895

11, 4448,0831,8623,784

21, 79123, 572

411, 769

296434820

4,984356171

7,061

1,5421,3321,394

50511114444

1,114905469215315

131,924

107,3011,3232,6302,2881,5141,6875,2067,668

355936

1,9101,9253,3063,5792,1222,2911,6585,8177, 705

161, 221

158117291

1,987483224

3,260

13, 57012, 3389,053

6093,278

6164,430

12,2975,9044,6811,2981,686

912,238

645,03413,84120,70819,43012,60512, 74243,03350,9432,0339,628

20,02112, 79823,14731, 48018,87319, 28118,15453, 93362, 871

1, 090, 555

1,5311,5722,285

15,483:2, 9361,242

25,049

440700475

40300

50600

1,050425435110180

62,280

33,225835

1,2001,290

530900

1,8552,275

150625980845

1,1001,6851,060

700825

2,3502,535

54, 965

100100100

1,100205

65

1, 670

76081457127

41777

5031,038

455244

83151

69, 224

51, 744997

1,7541,968

9951,2143,8186,013

3411,5461,5451,4434,3762,3111,9631,6671,2105,2956,088

96, 288

83145161

1,241172118

1,920

11944629839

18725

404998324385105.77

41,129

15, 709781

1,084814387885

1,3481,731

147398829761877

1,265919642788

1,9921, 952

33, 289

1009999

1,08919750

1,634

12, 20310,1797,612

4572,222

4642,6308,5654,3113,375

9921,278

702, 595

534,04710, 95516, 27915, 02310, 5479, 614

35, 69540,498

1,3956,909

16, 2479,742

16, 72925, 81414, 70715, 73315,17243, 28250, 583

883, 971

1,248993

1,92311,3142,342

958

18, 778

187504540

238577385

497

24, 314

5,44422234518650

125228372

147334

8295194460140893

1,564

11,007

235

720

50

1,005

Ohrj

HHtei

ao

o

H

Ocj

o

Orto

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 536: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 63.—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State, by

Federal reserve districts, April 6, 1925—Continued

FEDERAL RESERVE DISTRICT NO. 5

[Amounts in thousands of dollars]

States and counties

DISTRICT OF COLUMBIA

Washington

MARYLAND

AlleeanvAnne ArundelBaltimoreCarolineCarroll: _Cecil - -Charles .DorchesterFrederickGarrettHerford _--Howard . .Kent. .MontgomeryPrince GeorgesQueen AnnesSt. MarysTalbot _WashingtonWicomicoWorcester

Total-

Num-ber ofbanks

13

91

16275124551164211614

84

Loans anddiscounts

74,027

10,7102,113

96,8221,1523,0091,766

2881,1594,8781,5072,903

730616

3,1413,1971,386

9231,2414,6501,6792,044

145,914

Bonds andsecurities

35,454

4,098637

45,628248

4,0103,011

369595

8,0781,4761,728

833748

1,5611,192

491563

1,2733,573

391614

81,117

Due frombanks, in-

cluding law-ful reserveand cash in

vault

27,018

1,837297

37,18613951040479

1901,079

37852499

119556449111119183

1,024306336

45,925

Totalresources

147,435

17,2583,190

187,5871,5947,6795,415

7531,996

14,2323,4945,3231,6831,5575,3754,9232,0961,6862,7789,6502,4223,231

283,922

Capitalstock

9,327

690252

12,21512555222525

11040022526510050

32516515050

200505.100300

17,029

Surplus andundivided

profits

8,431

1,527232

15,69018266350752

1311,119

31739213856

41529314787

241939247241

23,616

Circulation

4,491

58795

5,68472

50422021

1073822251824913

2141253625

2004994999

9,388

Totaldeposits

122,390

13,9572,595

149,2311,2045, 7944,311

6551,648

12,0782,6694,4281,3961,3644,3564,1811,6411,4822,1377,6872,0092,480

227,303

Bills payableand redis-

counts

1,728

480

2,52911

150141

1575555

7565

14212140

20

108

4,149

CO

o

-8

HW

ooKHWO

&otad

H

W

Q

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 537: Annual Report of the Comptroller of the Currency 1925

NORTH CAROLINAAlamanceAnsonAsheBeaufort _.Buncombe -—BurkeCabarrusCaldwellCatawbaClevelandCravenCumberlandDavidsonDuplin —Durham.EdgecombForsythFranklinGastonGranvilleGuilfordHalifaxHarnettHaywoodHendersonHertford . .IredelL.JohnstonLenoirLincolnMcDowellMecklenburg _Nash.New Hanover .PasquotankPerson -PiffRandolphRobesonRoekinghamRowan..RutherfordScotlandStanlySurryVanceWake _Wayne.Wilson

Total—. 84

311121112211112322422i

111133321511112132111122231

1,7891,076314

1,2333,0651,2241,261535

2,8334,0822,7282,079877289

5,6814,1362,671534

9,0872,39514,306

DUO

444346977253

2,4191,4972,9591,930930

14,7351,73611,6163,007901

1,235501

1,925940969197192338

1,3801,7587,7663,8521,116

128, 717

24125021

17537314119828

3253509780

30452

1,39960484488

1,254326

2,8211447788

103109313241173199102

3,3483129414515566

11816987

145282619

163344

1,944872253

20,861 30,476

39316638277806556267108641570265515186105

1,908632949168

1,399468

3,40110712077232114572324*2287193

3,006277

3,31731173408399265211160824394403210

3,730765746

2,5571,521381

1,8214,4621,9801,762682

4,0035,1413,2323,0051,501471

9,6985,6004,755863

12,3763,25522,569

899727529

1,437431

3,3322,1523,8252,5861,25922,2092,40217, 6103,9661,0741,8551,0632,4271,2991,434317285466

2,0522,61014,3196,0922,127

192,419

23510025

10030055

10050

40035025010010050

70042545075

1,350160

1,250100505050

100250305391200100

1,575200

1,00020015017550

190140100652550

150300900475100

14,066

11611725

12712011715938

2454386790

11414

5533598530

951261

1,005362284803

16997

22120693

2,865177

1,193231417459

10850667

281984

101420418242

12,225

208776

9919919

10012

11225825509740

70012545075

93686

1,237100405049

1002506649

15049

1,42824

680195

25485075

1002525

7429732131725

9,523

1,957

1,522903

1,9471,0251,168

191207392

1,6321,771

12,3684,7011,738

141,379

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 538: Annual Report of the Comptroller of the Currency 1925

TABLE N O . 63,—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State, by

Federal reserve districts, April 6, 1925—Continued

FEDERAL RESERVE DISTRICT NO. 5—Continued

[Amounts in thousands of dollars]

Or

to

States and counties

SOUTH CAROLINA

Aiken .AllendaleAnderson

Charleston _C herokeeChesterChesterfieldClarendon .Colleton _DarlingtonDillonDorchesterFlorenceGreenvilleGreenwood

Borry. .

LaurensLeeLexington _ __

i MarionMarlboroNewberryOrangeburyKichland - ~SaludaSpartanburg -SumterUnion .. _York

To ta l - . .

Num-ber ofbanks

113142211131125112-3232217415415

74

Loans anddiscounts

22989

3 138612

14,5721,7221,223

277297504

1,156496368867

11,5661,389

106410485

1,1051,5631,7201,171

8371,5415,052

11,156711

7,6714,067

6123,939

81, 641

Bonds andsecurities

1116

2436

6,906305258523378

151512

1661,214

13426

251110150310581175139110

. 7822,854

3980

1,05628

663

17,934

Due frombanks, in-

cluding law-ful reserveand cash in

vault

1525

513101

5,025488#16465356

1936450

1452,647

31019

105177171298312109107191774

6,04688

2,08770438

1,447

22,720

Totalresources

280131

3,994809

28,8892,6761,926

391441683

1,629674441

1,35816,2091,933

162788812

1,6312,2882,7091,5331,1491,8657,269

24,218810

11,0587,Q73

7416,271

132,841

Capitalstock

5015

525160

2,400275150505075

15010050

150950100257575

200175225150150100510

• 1,500100

1,300750100490

11,175

Surplus andundivided

profits

105

72196

1,499252145201516509

2139

1,44771

5351

122268129696379

52251925

80058510375

7,537

Circulation

6

61

1,867137100502475

13512

12519898257549

10050

12712510097

3221,169

68057425

1886,594

Totaldeposits

16841

3,201494

20,6792,0071,516

220270434

1,196470355900

12,5811,665

89570637

1,0961,7782,1881,100

7031,5175,858

20, 580665

8,2765,061

5055,115

101,915

Bills payableand redis-

counts

4652

83847

508083988315

146443

2215

104

4990

1317248

34019

104101

3,121

ohrj

1-3

woogH

IoHtttel

odwwft]

Ct

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 539: Annual Report of the Comptroller of the Currency 1925

Accomac. _.AlbemarleAlexandriaAlleghanyApppmatoxAugustaBath.Bedford---goteitourtJkunswickBuchananBuckinghamCampbellClarke..:CraigCulpeperDinwiddieElizabeth City.FairfaxFauquierFranklinFrederickGiles.._._GloucesterGrayson..Greens ville—HalifaxHanoverHenrico _HenryHighlandJames CityLancasterLeeLoudounLouisaLununburgMecklenburg. _.Montgomery...Nelson __NorfolkNottowayOrange

PatrickPittsylvaniaPrince Edward..Prince William..PulaskiKappahannock..

45341512211261122CO

.

333o•&2142326Q0

iiII6121416234132322

2,0967,8284,5535,105464

4,909460

1,977680567337449

15,178415252

2,1897,4981,531798

2,4042,182

o, ooyi, 188137

1,2352,4543,105765

71,7449 QRS/, Voo

415327303184

3,723551369711

2,219546

42,0051,2481,8111,262231

7,9421,505939

1,550370

6982,3521,5341,186121

1,474a<iDo

209233421346

2,5865533337

2,2541,24534821126489419713812323178830

9,622418273019314

1,21789805628839

7,39324657140584

1,69732623340994

1981,0278796016893611721463889841

3,02343252649733374263051994541482715831144275

22,96751527136692961657387537134

9,8751172582482886620726726860

3,08811,8737,3187,295671

7,738flOODoo

2,449998705699522

21,772519324

2,9071}, 1233,2991,6243,1182,6796,9991,586323

1,6503,1084,570888

108,7894,05(3

581481241

5,815737520850

2,996639

63,3351,6982,7361,955365

10,7992,1051,4822,349526

235950500400

5055050

150854050

1002,650

2525

2001,600

20012520020060015036

150280375

756,300

25025302525

3655071

100335

504,500

170225180

50650150105250

•75

40270278038215

1,0064116494oO2325

3,0085223231454226101295120927133158530519222

8,7592296843349

491272114822134

4,5461232251648

1,0891608717129

18584339230550345505585onoy50

1,19182499

1,6002008313814459415036951152978

1,13222925

251028048625017210

3,98614622374506111245121820

1,6449,0065,6235,939418

5,715547

1,844657489442373

14,366401247

2,1757,2032,5281,3032,3952,0794,1921,150238

1,2052,3533,558765

83, 6433,033309505897185

4,595612311551

2?097525

44, 2351,1642,0101,532227

7,9941,5851, 2301, 422401

622340

1616542

20061963424187305

1961601411263105670

1113011414

6,01828969

1338

44

15412

4,32895,5052828681

257

ow

W

oo

g

Q

COCo

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 540: Annual Report of the Comptroller of the Currency 1925

TABLE N O . 63".—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State, byFederal reserve districts, April 6, 1925—Continued

FEDERAIi RESERVE DISTRICT NO. 5—Continued

[Amounts in thousands of dollars]

States and countiesNum-ber ofbanks

Loans anddiscounts

Bonds andsecurities

Due frombanks, in-

cluding law-ful reserveand cash in

vault

Totalresources

Capitalstock

Surplus andundivided

profitsCirculation Total

depositsBills payable

and redis-counts

HW

QO

o

I

odwwo

VIRGINIA—continuedRoanokeRockridge __.RockinghamRussellScottShenandoahSmythSpotsylvaniaSuffolkSussex...Tazewell _WarrenWashingtonWarwickWiseWythe.York

Total

WEST VIRGINIA

BarbourBerkeleyBoone -BraxtonCabellDoddridgeFayetteGrantGreenbrierHampshireHardy. .Harrison

182

17,6902,8474,405

836764

1,8031,0962,009

2412,395633

3,7727,2803,853947379

272, 241

1,8252,151726680

13,447430

3,74860

1,009274401

11,030

5,1325166391181083602498254662654191586

2,226722273339

6,1955565171161563132474562483450258497

1,405717190122

30,7704,147

1,1381,0613,0022,4062,4262,924316

3,561803

5,24511,5385,6041,495864

1,950350575955425521015050025

3105060040052519250

2,251236524474827523712820814

30458244218446

1,67287401855315915512535025

2513839739345214747

54, 505 60,927 407, 207 30, 322 32,483 19,683

1,00672620194

2,12232

8847099167146

3,227

361400125110

1,84887908191567261

2,282

3,3873,4581,150925

18, 550591

6,000171

1,359529635

17,274

1402005060

2,000503902510050100

1,050

20126010927

1,3961039711743946

1,280

1191955060

1,424

25754994929

24,7393,4643,996873881

2,1321,7582,0231,615216

2,530568

3,6999,6004,036959716

301, 223

2,8032,774824779

12,121517

4,596110

1,083390351

13,774

10

414372017628

213359872218464118

17,153

11929110

1,39013

228

28

44164

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 541: Annual Report of the Comptroller of the Currency 1925

Jackson _ __ _ _Jefferson - _ _KanawhaLewis

<3_ Linco ln - - - - - -_"*•! Logan_ - _12 McDowell05 Marion _- - _ _

° MasonMercer

to Mineral __5 Mingo

MonongaliaMonroe - -Nicholas

co Pleasants .®* Pocahontas

PrestonPutnam _ . _ _RaleighRandolph . _RitchieRoaneSummers _ - _ _TaylorTuckerUpshur _WayneWebster _WoodWyoming

Total _

216121

10624431311151232231312252

112

581253

12,4751,180

5161,9357,7127,5501,2238,8721,7863,4202,0211,328

4791,190

4141,250

2012,0041, 8651,126

9153,5871,566

549895667482

10,083506

114,412

68188

2, 62626897

2411,2654,187

136978

1,93433930424716417211554381

14645222216786460668524817235

2,57730

28, 931

16440

3,352283206482

1,5062,127

1981,829

5151,013

192267

699953

27522

50832724821251757213113317491

1,45785

23, 576

843489

19, 3681,893

8482,884

10, 96714, 435

1,58012, 2244,4164,8922,5691,908

7261,485

6072,147

3132,9902,7341,7151,3365,2282,9561, 394*1,3051,057

67714, 529

649

175,193

7050

9806050

150725745130

1,10023035080

15040

10025

12550

30025010075

206200125509050

79650

11, 691

3147

2,259174100215963

1,294124

1,13127024923417137

10245

1198

222226

771103932501301408134

1,46630

14, 582

3449

924573212

468730129346206250

78112

259825

10550

127449966

200

874990

6773

25

8,705

692344

14, 2171,562

6662,5028,581

11, 5801,1109,0433,6914,0431,9361,474

6241,088

5131,795

2062,3412,2141,4091,0843,8942, 4521,028

864794585

11, 235534

134, 223

15

70520

194

58587

15

241

97

15

405

20143

22710

4,877

FEDERAL RESERVE DISTRICT NO. 6

ALABAMA

AutaugaBarbour _BlountBullockButlerCalhounChilton . —ClayCoffeeColbertConecuh

12111612321

4911,112

135434604

5,264383355

1,6931,160

370

171977297

3632,451

4824828228182

70197213246341

1,3298351

26925868

6011,561

430794

1,3929,384

519699

2,3441,818

544

50250

2550

125900

5012532512525

29126

1981

1895502457

2819427

12171

1925

100397

3099

2498825

509784367638978

7,528415412

1,2361,511

467

230

253

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 542: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 63.—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State, byFederal reserve districts, April 6, 1925—Continued

FEDERAL. RESERVE DISTRICT NO. 6—Continued

[Amounts in thousands of dollars]

States and counties

AL AB AM A—continuedCovingtonCrenshaw £ _CullmanDaleDallas. .DekalbElmoreEscambiaEtowahFayetteFranklin...GenevaGreene. . . _Hale.. ___HenryHoustonJackson __Jefferson _ ___LauderdaleLee. . ._ .__LimestoneMadisonMarengo .Marshall- . _MobileMontgomeryMorgan _ _ _ ._Pike.. .

TallapoGsaTuscaloosaWalker... _

Num-ber ofbanks

44112221212411443514122413436121

Loans anddiscounts

3,267753467108

2,594646746180

1.922530673683620593

1,2313,488

71630,7461,4822,535

1941,825

6611,0649,8678,7582,0281,6142,501

6303,695

501

Bonds andsecurities

68574

11146

1,263115233

3287515032

251119152170513106

8,196700

1,25852

407155350

4,2893,3821,3461,472

96081

930178

Due frombanks, in-

cluding law-ful reserveand cash in

vault

55642024438

1,205421502

3444171

106402

4974

224813168

11,06287378451

975289720

3,3184,891

787876

1,031592

1,Q48165

Totalresources

4,8521,299

834206

5,2151,2281,512

8 598813754

1,361851839

1,6695,0481,085

51,5838,1824,718

3513,3751,1422,200

17,72817,9854,3904,0034,5741,3185,959

906

Capitalstock

60013010035

6001005050

225100125140100100265825100

2,000300465

50200125200300

1,800700300380100300100

Surplus andundivided

profits

3731162815

66948

156u1763032

1469251

121387

743,649

299491

4425105123

1,45089217658643511244038

Circulation

550289935

5861004423

220oooo

75100100150233

691,769

9944450

19611512430077960027332550

30050

Totaldeposits

2,9611,025

594121

3,100980

1,261171

2,882586469947485463

1,0523,545

81243,4192,4843,173

2472,435

7981,758

15,58414,4792,9002,8333,4021,0564,920

719

and redis-counts

327

232

1095

1115274

116825126

212

145

20

g

HW

ooK

O

O* j

HW

od

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 543: Annual Report of the Comptroller of the Currency 1925

Wilcox .__Winston « -,.,.,. - ,

Total

FLOEIDA

AlachuaBayBrowardCharlotteColumbiaDadeDe SotoDuval -. __EscambiaHamilton.HardeeHernandoHighlandsHillsboroughJacksonI akeLee.ManateeMarionMonroeNassauOrangePalm BeachPinellasPolkPutnamSt. JohnsSanta Rosa_SeminoleSuwanee. . _.Taylor........VolusiaWaltonWashington k

Total _

GEOEGIA

BaldwinBanksBarrowBartowBen HillBibb

11

102

2111122321112322112112244121111211

56

111223

155244

99,618

806961677421399

12,9831,385

47, 7523,535

233386452926

20,789694575908

1,0451,198

737726

1,147933

12,5734,4091,9712,952

3501,147

633521

1,273226198

125,921

375133639942

1,56512,348

261

32, 848

1,35216426855

20410,408

57819, 4853,722

51369693

7,252173264467656

1,687450609281274

3, 687245

1,0791,821

21432613414639611666

56,855

17928

124342293394

748

35,937

735178688222137

18,022809

27,6101,589

39109301838

9,615115470908

1,3091,4601,013

1991,1651,5816,0462,525

3622,663

13779519814358616351

82,781

7314

128365362

3,734

265271

175,471

2,9331,3301,644

725801

41, 6662,873

96,8139,264

330573888

1,93438,3971,0291,3742,3633,1224,4722,3061,5582,6732,850

23,1737,4383,4847,634

7382,479

992859

2,485523351

272, 083

650207

1,0251,6762,468

17,167

3025

13,070

125250

502550

700175

2,6501,000

305050

1502,000

8575

100120175100100125100790475

5018050

1505050

1505050

10, 330

7535

200200225850

255

13,257

15486262258

721155

2,181366

11301751

1,2963546

12763

11156

1036026

1,0062991621423966

10255

1272021

7,840

652

109106213923

10

9,227

122125152137

1191,434

63029

4916

1,09384754938

12199987535

2169047

16024474050993460

5,221

7425

10049

" 199

200212

136,918

2,513877

1,553654649

40,1452,354

90,1637,217

236493771

1,71033,893

7991,1772,0882,8984,0642,0461,2582,3922,689

21,1246,5482,4557,084

5912,216

800669

2,109415217

246,867

436107606

1,3211,801

14, 699

29

2,0S5

_ M

64

"6" g4

24 H

„ _ _ /«*\

27 §h%

__ a19 H

ohr|

34 j

H-4

36 H

12 w162 §

OKJ

37

18

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Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 544: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 63.—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State,Federal reserve districts, April 6, 1925—Continued

FEDERAL RESERVE DISTRICT NO. 6—Continued

[Amounts in thousands of dollars]

OO

States and counties

GEORGIA—continuedBrooksBryan _Bulloch. .BurkeButtsCalhoun._ . _ _ ._CarrollClarkeClayCobb _ColquittCoweta _ _ _DecaturDoughertyEarlyElbertEvansFloydFranklinFultonGlynnGordonGreeneGwinnett-HabershamHallHancock .- -Hart .HenryIrwinJacksonJasper

Num-ber ofbanks

21111112111212111313111112111122

Loans anddiscounts

859137547685397124672

3,584115

1,011377

1,650444

3,763217547209

3,489350

65,2291,216

57827,1135198

1,006199315441224504309

Bonds andsecurities

26847

115558411

11757717

1264

24215168645

1349

1,082339

9,958611126

22

31206

61827460

235425

Due frombanks, in-

cluding law-fuj reserveand cash in

vault

1314271

346623478

96714

21671

2161215011247324

1,07598

31, 755293191

18115

21226

6131484965

305

Totalresources

1,353228791

1,096562181

1,0435,818

1521,420

5312,179

7876,101

401964256

6,076814

111, 2082,203

967325260267

1,533334446586375846

1,072

Capitalstock

20025

100507530

10065055

10010037512545010012050

50080

5,95015075505030

22525

'758075

250100

Surplus andundivided

profits

12422

149130759

133971

89610

47271

410314722

74756

6,47824431

899

1351139902198

123

Circulation

17525

100257310

100442

1474

14512543940806

49680

2,46115037

30100

25756850

133100

Totaldeposits

802156442865339107634

3,02649

1,150369

1,188466

3,904229665168

4,333599

95,4051,658

823206202179

1,073273258348229366749

Bills payable &and redis- "

counts Q

t^

52 o' " • " P

24 jrj75 W

599 226 g52 fed

Q741 hr|

51 Hi o W

— . fed

a' d

62 2

19 ^QHi

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 545: Annual Report of the Comptroller of the Currency 1925

Jefferson _JenkinsLamar_.Laurens _.Lowndes.. _McDuffieMaconMitchellMorganMuscogeeNewtonPaulding__PolkRandolphRichmondRockdale __.ScrevenSpaldingStewart "._-Taylor__-TerrellThomasTiftToombsTroupWareWashingtonWhitfield .Wilkes

Total

LOUISIANA

AcadiaAllenBeauregardCalcasieuEast Baton RougeEvangelineIberiaJefferson DavisLafayetteOrleansRapidesTangipahoa __Vermilion _

Total

149188504

1,4541,846266272241354

4,523210119426133

2,817181155722109255

1,034493692643

1,8481,128425735770

128,496

714220

1, 23111,9031,955134

1,557697

1,14626, 236

105354643

46,895

10928

20925415410010383234554335586369653411821

2722655676836918337579131

21,936

194951238828

1,1168

1645,566

2193102

8,330

329524533980475061

1,545202610213

6738

15711211211305811187359167152291138

47, 334

364262863

2,2262,391479348334771

6,974289187675226

4,411317357

1,059128308

1,511613920836

2,7431,795652

1,6601,129

2C9,196

115127288

2,4741,053

1645867218

8,86858184103

1,040376

1,65515,4523,830187

3,301861

1,67545, 565

179824881

50251002001259010040150

1,000502514035400752517025253001001006025020050100125

16,140

10025100

1,22515025400150200

2,8005010050

14,029 75,826 I

611414010517148252568

97220826372361011652402395710351335836358130

15,500

6113473972585

53819112

2,683533134

5,375 4,305

11255919712525

2015020040

2525

4003025

167

25200495060190502598100

243188542

1,3521,882316196250404

4,802150154459110

3,35414429663978196489356562625

1,7641,364514

1,354705

8,496 163,718

100

2522014923

248

971,505

2,497

699337

1,48112,6053,271117

2,095460

1,12533, 519

101484665

56,959

102230387

21

29

2520

58

17222228450105415097

oHOhi

W

oogH

4970

3,843

4,526

£&

80 H

• H928 ^

18 —i20 S230 3140 a

3,018 y22 ±

• 70 2

C7I

CO

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 546: Annual Report of the Comptroller of the Currency 1925

TABLE N O . 63.—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State,Federal reserve districts, April 6, 1925—Continued

FEDERAL RESERVE DISTRICT NO# 6—Continued

[Amounts in thousands of dollars]

o

IH

W

States and countiesNum-ber ofbanks

Loans anddiscounts

Bonds andsecurities

Due frombanks, in-

cluding law-ful reserve

and cash invault

Totalresources

Capitalstock

Surplus andundivided

profitsCirculation Total

depositsBills payableand redis-counts

MISSISSIPPI

Adams _ „_.ForrestHarrison.- _.Hinds . . . . _._ ___.Jackson

LauderdafeLincolnMadisonPike —_Warren..Yazoo

Total

TENNESSEE

Anderson.-__. ---,-.Bedford., __-----,Bledsoe -------Blount_.--___---___-___-_.Bradley—Campbell..--- ._Carter. _. .—._____.Cocke--- . . - . - „ - - . - - - - _ _ - .Coffee-,,,-. __--_-------__.Cumberland--.-------_--.Davidson..^,. . ,---_Dickson .__Franklin___.____--._-.._..Greene.____,____-_--,_....Grundy—-____-----—----.Hamblen

23

9394,4983,5234,980583

4,046535

6,805822396459

6,008569

34,163

3091,252359523

1,2921,289843282836290

37,3451,296792631244462

7801,0688,0032,128472694265

1,037294181326

4,U4602

4131,1291,4853,02414599496

1J961245264306

1,708666

2,2666,8298,16510,7981,259

92910,0811,376863

1,11512,3011,850

10045035060075200504101006550850150

164177146696183364853066683885465

245349293741945024875504933625

14,964

11224615340

1895533717

5,25632723113160159

12,436 63,866

10223227191250262150$532775

12,11036126138883117

6341,778449

1,1741,8101,7181,294489

1,548396

56,8932,0471,3401,175396776

3,450

65200601001502001005012550

3,9001501106025150

3,206 1,988

5015725331688317

15911

3,3136272642238

5019879815037994910615

2,623971041925150

2,0035,7097,2319,0691,0575,292704

8,8411,135668928

9,9601,602

54,259

4701,165307944

1,3301,3661,025372

1,158318

46,4941,7121,0421,032324439

5349

245319

77

216 O40 O

~33 hj

35 I234 W

--- O568 ^

HH&o

ol

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 547: Annual Report of the Comptroller of the Currency 1925

HamiltonHickman _ __ __ _ .JeffersonKJQQX

Lawrence.-Lewis.Lincoln -LoudonMcMinnMarion.MarshallMauryMonroeMontgomeryPerry . _ .Polk.Putnam . __KheaRoaneRobertson.. _ _ _ _ _ _ _Rutherford 'Scott. . _Sevier _SullivanSumnerXJnicoiWarren _Washington - . _. _WhiteWilliamson.Wilson .

Total

3115114231131211116122121123221

90

24,486295193

25,383705130

1,764692

1,655631527

1,993196

1,557119327549527

2,47353

886458231

2,965667291

1,3134,371

8791, 5111,057

126,989

4,9104532

4,5026546

24112831630993

62654

5813674

154136423

24117119

6940191

7526835177242207

23,972

8,18714320

6,74611329

244193440114238549

2153961

10718455

51414915812032

94512964

623501266105193

36, 803

39, 267489253

38, 563957224

2,3371,0632,5541 072

8713,268

2832,769

224535905-771

3,606247

1 189735301

5,0781,039

3882,6136,2901,3431,9441,524

196,619

2,6005025

2,9007535

21515022510080

45.060

20025255025

32537

2255060

30010025

23562512517550

15,117

1,9723916

2,07728

515636

11844

106225

3281

17264490

13411763810

3112413

25230814013023

11, 027

2,5751225

2,4766035

21472

22510078

32340

19925245025

209

9431

295100

231547124173102

12,291

31,863358173

29,273793148

1,585767

1,953804607

2,236144

2,087157460761595

2,835186780589214

3,944815338

1,8884,478

9521,3321,225

153,838

110

151,098

166372925

3536

34101

2617

229

12

311

132124

2,812

FEDERAL RESERVE DISTRICT NO. 7

ILLINOIS

BooneBureau _Carroll .CassChampionChristian _ClariColesCoo1':CumberlandDeKalb _

36339856

4635

1,1913,0781,5061,6543,4714,2731,6714,924

636,718851

3,946

558920674

1,2811,5131,273

8281,153

161,623331

1,021

170742276306

1,4021,116

447939

260, 776126805

1,9984,9242,5193,3236,7217,0473,0797,368

1,099,1271,3745,960

200390200250395742250553

56,138175325

144419211308505310195599

53,82451

432

137361196231267609199309

3,186152219

1,4643,7511,9092,4965,5385,1932,3955,729

936, 699992

4,935

23

147

102Of

17928,692

ow

o

Hi

W

OQ

O

I

wo

Q

Cm

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 548: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 63.—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State, byFederal reserve districts, April 6, 1925—Continued

FEDERAL. RESERVE DISTRICT NO. 7—Continued

[Amounts in thousands of dollars]

Or

to

States and counties

ILLINOIS—continued

De WittDouglasDu Page -Edgar -FordFultonGrundvHancockHenderson __ __ __ ___. _ _Henry-Iroquois - _To DaviessKaneKankakeeKendallKnox _LakeLa SalleLeeLivingstonLogan _ _ _ _Macon . . _MarshallM!ason

TM* cHenr vMcLeanIVTpnarfiMercer _ _ _IVEoultripOglePeoria

Num-ber ofbanks

365934762753

153

76

1657545

53424126

Loans anddiscounts

1,5731 6812 7224,219

9962 5563 6^52,272

6785,3591,4631 192

16,3141,690

1945,8624,507

13,6323,9322,6733,9866,5242,041

6012,3371,3544,824

5491,806

352968

18,499

Bonds andsecurities

406770

1 3911,220

9381 5131 750

475112

2,112502

1 4757^382

33268

2,2003,4286,7352,3761,219

9855,300

610801968639551235167106188

11,442

Due frombanks, in-

cluding law-ful reserveand cash in

vault

33675466091724977874044244

1,228332253

4,38351046

1,2771,5323,094

706515749

3,464355529586290756107219

77296

5,599

Totalresources

2,3733,347A, 9696,6302,2615,0726 2303,488

9349,0922,3772 990

29,8223,018

3189,9289,710.

24,3547,2784,5835,984

17,1023,1721,9664,0162,3336,432

9402,355

5821,546

37,179

Capitalstock

240295325555205325625400125510200250

1,68017525

530510

1,355375265490

1,07524010033015064012520550

1152,160

Surplus andundivided

profits

22526322058413249069817041

873113351

2,22831237

1,190583

2,09658229164482824022635318440711712325

1014,202

Circulation

17327284

51620429766119799

37718789

1,36612413

483418726221250346

1,011115

31738

12684

1094985

1,876

Totaldeposits

1,3632,5004,2755,7781,3603,9594,2772,620

5117,2681,8351,793

24,4082,406

2437,6678,142

19,9966,0823,6624,352

14,0842,5561,6393,0161,9305,042

6101,816

4581,245

28, 778

~ H

OBills payable W

and redis- . Hcounts Q

H

w56 O

196 g

- . Htc

50 O158 C36 E42 2

f °

180 o_ hrj

57 H33 M

125 fer18

113 a149 Cj54 W22 g

c213 ^

102

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 549: Annual Report of the Comptroller of the Currency 1925

PrattPutnamTlnrk IslandSanffanioiiShelbyStarkStephensonTazewellVermilionWarrenWhiteside

Winnebago__Woodford _

Total

INDIANA

AdamsAllenBartholomew . _BentonBlackfordBooneCarrollCassClayClintonDearbornDecatur . ._ _De KalbDelawareElkhartFayetteFountainFranklinFultonGrantHamilton _HancockHendricks . . .HenryHowardHuntington.. _JasperJayJenningsJohnsonLaerange _ __ _LakeLaporte

41

27128

1457874

330

333222254442241332372443231371

123

1,528397596

6,4791,940

5102,8264,0477,9984,2483,8139,198

18,8311,265

847,940

66617,8491,232

902741888654

2,9181,3632,0971,4781,596

9714,7883,0271,1601,117

8981,0374,5302,256

298771

2,2363,8881,976

723527853

1,878763

12,2262,911

376130105

2,490452

631,139

3,' 5631,6972,236

11,8997,495

277

263,961

1457,173

15560

271165449

1,5341,118

4491,261

359115

1,6162,289

560415428336

1,07154374

28948393558185

162503470

589,6082,662

32643

1222,148

27137

8311,2372,316

9201,1777,1164,340

209

320, 021

935,251

205131145146110649386340505540153

1,2771.088

13419726117955335678

198584

1,03424286

158156406

773,681

915

2,334585984

11,9052,901

6415,1868,048

14,7297,1277,695

28,98332,8221,937

1,491,698

91632,124

1,6521,1511,2181,4451,2375,3043,0213,0363,3472,6541,2868,1146,7831,9821,8451,6411,6126,9673,395

4801,3573,5166,2172,8651,014

8701,6442,933

93326, 5756,774

21050

10080032550

300590

1,520435575965

2,475200

82,863

1001,800

15512512513010045030040030035575

70036520020517575

50032850

175335475225225

50160350100

1,275475

1263847

33912726

610953786704592

1,6302,387

111

84, 403

' 221,546

10810253

11830

19415216624515064

4853466385

18165

39017745

1113544761493428

167204

281,273

297

170

5439829950

148545

1,396384319455-

1,153174

22,324

991,636

943499

12994

44829537629625050

67026119820314975

44731549

1732944221245549

160296

50858248

1,778496784

10,3421,931

4944,1175,913

10, 7705,5726,136

25, 59926,1421,385

1, 248, 231

69526,914

1,246831941910

1,0124,1772,2562,0322,4771,8601,0926,2595,8071,3511,2841,1311,3985,2952,310

336884

2,4134,7002,329

654744

1,1511,979

69321,8845,740

50

21721

180 H

16 373 Ql1-i 3500 ^

6 6 O

31, 904

H159 Q

it |105 2

,—>,17 255 H29 fcrj31 W

5O

170 u68 a

5 g225 o173 §

13 S26 g63 y38 245 2

59563

1,198 ^

OD

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 550: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 63.—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State, byFederal reserve districts, April 6, 192o—ContinuedFEDERAL RESERVE DISTRICT NO. 7—Continued

{Amounts in thousands of dollars]

States and counties

> INDIANA—continuedMadison.MarionMarshallMiami . . . . . _Monroe. . . . . . . . .MontgomeryMorgan . . . .Newton . . .NobleOhio.Owen__Parke.-..PorterPulaski . .Putnam.Randolph . . . .RipleyRush . .St. Joseph _.ShelbyStubenTippecanoe . . . . __TiptonUnion, «.Vermilion _

Wabash

White. .Whitley

Total

Num-ber ofbanks

242323512113133425542321333711

189

Loans anddiscounts

1,10446,3661,3572,2582,2061,7772,027

202344425548643806967

1,469525328

2,0888,4451,772

9604,1071,510

7141,0655,9862,1344,781

276950

179,286

Bonds andsecurities

39917,135

111396

1,35785752665

13118692

309194437576180393513

2,460621324

3,133465222710

4,6091,1233,201

55194

77,396

Due frombanks, in-

cluding law-ful reserveand cash in

vault

23019,837

11640543367225956

1377685

19214410225222097

4943,192

466115

1,324209146S36

1,947613

1,2935678

53,695

Totalresources

1,79488,3911,6793,3294,0393,3433,045

335681745793

1,1961,2671,5362,4531,038

8443,187

14,9103,1931,5228,9192,2481,0902,152

12,9183,9889,751

3981,408

328,100

Capitalstock

1506,650

9024022030031550

10510060

10010010022516555

3751,976

3251005252005095

1,50045072550

100

26,343

Surplus andundivided

profits

664,987

16218819948424015563125875496

148. 33

56377938416113423119155182

1,3452867682918

20,004

Circulation

1445,178

901922182982844910

10034

10098SO

2063253

29876829475

432200

/ 50' 79

1,27343663750

100

20,854

Totaldeposits

1,33966,5051,2942,6792,9622,2231,860

221510514576894

1,0031,2401,681

747678

2,13710,7281,9331,1967,4391,550

8351,7908,6382,7917,540

2691,088

249, 645

Bills payableand redis-

counts

953,212

1814415

201

10815

2019261

501169398515

1002576

102

7,917

1-3

W

IIO

w2i

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 551: Annual Report of the Comptroller of the Currency 1925

IOWA

Adair.Adams _Allamakee •AppanooseAudubonBentonBlack HawkBoone __Bremer__BuchananBuena VistaButlerCalhoun_ ___CarrollCass. _._CedarCerro GordoCherokeeChickasawClarkeClay . . . .Clayton __ClintonCrawfordDallas.Davis. .DecaturDelawareDes MoinesDickinsonDubuqueEmmetFayetteFloyd..FranklinFremontGreeneGrundy __Guthrie _ _HamiltonHancockHardinHarrisonHenryHowardHumboldtIda _IowaJacksonJasper

7531,169860

1,3871,0502,4769 2681,5901,6951,7242,410361

1,8441,7841,605810

6,2922,0012,312158

2,5521,1117,4031,136965714487743

1,8322,3295,1441,0871,4842,7391,2871,702868

1,0172,2353,2062,6013,1951,4481,458410904191797

1,4392,813

1351 421

123600457303

3,1209346064053716

345668319142

1,60248657031386636

2,0733473626912698373306

4,979ISO714

1,057464175194190349435403

1,0646033242142746858456496

18055251552298278

2,5744023163976591733935168492

1,81946141817496500

1,7913353147951189325560

1,757104330

1,00332739922642147744464091758529017222937126236731

1,1722,1961,1462,7111,8823,41115, 5353,2522,7142,8283,705420

2,7372,8852,7721,13210,4383,1003?468255

3,8182,33911,3751,9171,804909763

1,0512,5993,59812,2031,6502,6824,9392,2062,4351,3831,7163,3354,4063,9035,6322,8782,315891

1,543354

1,1072,2964,360

110150100185185200

1,015250150175300502301501758046022523025350125650190100556050100208750150225325140210100125235200250350190175751255065150250

516626786613359695209290137

1551018776426141935

18210076010429.3112201071224921118617915610160109134282122276140715537631174198

5898991334616839859146172191

1911708674425174229252247252017210055594099173435150143206119107621251881792002461781497444505052121

1,871817

2,2881,5092,910

13,4242,8182,2082,1822,962

2352,1382,4832,368

7989,0242,4852,901

1422,9442,0349,3091,4301,576

710546939

2,2042,684

10, 526940

2,1754,1711,8911,8371,0841,3232,732

3,2474,6962,4481,873

6871,271

228961

1,8473,791

8

3

1272

1032764

" 2 531

111135

22

103 H95 W40 H

- 5 7 g181 g108 ^

""59 282 L

y89 tad

411O

400 ^

~173 E78 -

17 ^316 a84 g63 y-j22 ^

13 3

20

71 Ox

C71

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 552: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 63.—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State, byFederal reserve districts, April 6, 1925—Continued

FEDERAL RESERVE DISTRICT NO. 7—Continued

[Amounts in thousands of dollars]

Or

OW

States and countiesNum-ber ofbanks

Loans anddiscounts

Bonds andsecurities

Due frombanks, in-

cluding law-ful reserve

and cash invault

Totalresources

Capitalstock

Surplus andundivided

profitsCirculation Total

depositsBills payableand redis-

counts

H

Wo

149 O16 g283 ^j

H

120 £187 g

367 o

25

-38 ^

242 d

633 g72 g

IOWA—continuedJefferson.Johnson..JonesKeokuk..Kossuth..Lee.LinnLouisaLucas.LyonMadisonMahaskaMarionMarshallMillsMitchellMonona.MonroeMontgomeryMuscatineO'BrienOsceolaPagePalo AltoPlymouth.PocahontasPolk „ _.Pottawattamie..\PoweshiekBinggoldSac_Scott.

9251,0181,527

8311,862

88714,826

2051,5792,633

9621,997

2,0401,3071,425273527

4,190794

2,976779

4,7132,4412,7831,767

4,4612,162100

1,4816,810

5911,177229361308546

7,844532905733712055802172049056230476128982431670166714177

10,2052,127401125412

2,193

243253156344297691

6,5386526647622352351666218949091262866271834402804445

1,177207

9,3201,771424

1,644

1,7922,5622,0281,7502,7362,23529,839

3662,2493,9811,6562,9215,1803,1111,9042,883452

1,141

1,4434,8501,2886,5543,3274,8452,25247,1218,9073,267332

2,24812,167

100100175165190150

1,0505015036525025033522519015075125445100375100450180255225

2,72542017525190550

11110282691071639242596133622073498711022522473609218987415195271114

1,53522710633117656

17512419345

1,022509733425050329599075257037125248253131051869958140013924149545

1,4822,3601,4481,3751,9671,87426,599

2421,7872,9551,0942,3693,7802,7391,4-722,433329899

5,1321,2253,7951,0674,6482,7744,1321,25141,6707,7842, 757250

1, 68610, 017

90

"lO4

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 553: Annual Report of the Comptroller of the Currency 1925

ShelbySioux _Story _TamaTaylorUnionTan BurenWapelloWarrenWashingtonWayne. --- -.WebsterWinnebagoWinneshiekWoodbury .__WorthWright

Total

MICHIGAN

Allegan-AlpenaBarryBayBerrienBranchCalhounCassCharlevoixCheboygan __.Clinton .EatonEmmetGeneseeGrand TraverseGratiot ..HillsdaleInghamIoniaJackson 'KalamazooKentLapeerLenaweeLivingstonMacombManisteeMasonMonroeMontcalm

15774524115661511

341

111155421112111212122313131111

5921,6853,3443,2121,4551,408770

2,641334

1,0581,2106,0072,399402

19,611436346

244,204

8301,319609

3,3325,0342,17611,666

850261416318

1,093484

2,6791,060778979

9,3461,6857,6938,44019,931

6421,449372971577949

1,270256

1522966979822747752

1,44330129312

1,71339188

6,01965155

75,859

1421,321386

2,8992,9371,49011,329

765199692134685817

2,673434395172

6,164184

2,5222,8796,863236747252566523483

1,150186

152548662825388635115

1,554153157133

1,41431557

8,109131112

70, 790

178229136678

1,382560

3,6512453910574247222485198162102

3,300396

1,9731,9107,09822531910120314823220925

8062,6735,0885,1752,1452,6991,0055,876566

1,4201,8759,881

'58435, 625

687630

414,165

1,2402,9991,1577,1229,8754,38127,3991,891559

1,249575

2,0821,5566,3791,7781,3501,318

19, 6422,36412, 82013,91535, 8791,1582,709730

1,8071,2971,8662,683486

502104104301502851255255010024058530050

2,0505050

26,443

50do50400530415

1,2001005050501501002001006055

850100550800

2,10075210

1 11610010020050

4315022916892146303871610827889108217922013

17,675

2193131281371309979942486712673494496232

1,339108501634

2,2218710623894351036

1313138538111016632424

9822957727450

1,0635050

17, 664

494950190460395

1,164705049151009496

5953

8509854899

1,98925183

74251004949

7012,1743,7424,1441,7782,092723

4, 541500996

1,2897,7982,511441

31, 526567517

343, 289

1,0162,807925

6,2258,4633, 221

24, 0561,597457

1,102443

1, 7061,2895,3721, 5991,1491,17816,4862,05810,94912, 27328,886

9702,176607

1,5121,1681,6252,282381

29851141094

118892431423180

7,188

104

5035

30

2171520

212

429

33

10

650

sO

wOo

O

a*cjw

aKj.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 554: Annual Report of the Comptroller of the Currency 1925

TABLE N O . 63.—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State, byFederal reserve districts, April 6, 1925—Continued

RESERVE DISTRICT NO. 7—Continued

[Amounts in thousands of dollars]

0 0

B

W

§

States and countiesNum-ber ofbanks

Loans anddiscounts

Bonds andsecurities

Due frombanks, in-

cluding law-ful reserveand cash in

vault

Totalresources

Capitalstock

Surplus andundivided

profits

Circulation Totaldeposits

Bills payableand redis-

counts

MICHIGAN—continuedMuskegonOaklandOceana _._QsceoJa __SaginawSt.Clair3t, JosephTuscoiaVan BurenWashtenaw _

Wayne _.

Total

WISCONSINBrown. ___Calumetc i a r k : : : : : : : : : : : : : : : :ColumDane.,Dodge. mmFond du LacGrantGreen.,-,Green Lakelowa^--,Jackson.,.JeffersonKenoshaLaFayetteLangladeManitowoe

85

7,3834,830

2701,5467,8693,7871,430

133693

2,979121,851

240,236

7,517960259

1,22310,3501,6357,4001,1871,012

930

m706

1,6269,1401,7352,1801,459

3,8402,696326646

5,2293,1615927

7952,08034,092

1,6041,135107195

3,1881,27420825120589

39,495

13,8579,649710

2,44317,0248,4962,306175

1,6545,862

205,245

1,05060130110

1,30029018525150400

9,1QO

1,0512935483

1,550348122979329

10,662

8005332949374230183a61293

1,100

103,689 72,672 437,687 22,202 23,068 10,670

2,187251200

2,0062,9392,6063,84040075176542X311

1,7664,895838946829

1,47792148435

6482,687207324240123189556

2,92$770426472

11,5701,385631

3,75317,4995,03414,3231,9392,2512,0341,4631,3354,10417,3723,4873,6662,849

1,15010050175

1,1553109751751001401Q050375

200200

712581713147527379481139828063324558244212177

674994999605278645100992510012290112187197150

10,7558,105597

2,17513,6917,5251,770135

1,3434,798

182,404

377,276

8,7501,058513

3,34814,7864,14812,0731,5031,8891,7881,1601,2103,10615, 7352,8563,0472,301

186102

8047

2042534

2,277

268

ogS

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 555: Annual Report of the Comptroller of the Currency 1925

MarathonMarinetteMilwaukeeMonroeOcontoOutagamieOzaukee -PortageRacineRichland . _ _RockSauk_. __ShawanoSheboyganVernon -Wai worthWashingtonWaukeshaWaupaca-.Wmnebago _Wood

Total .

249125123141311423655

111

6,1932,355

105,954226

1,1307,575

1371,9669,296

6444,361

9301,3454,539

4672,1521,2344,3772,5609,6726,052

223,392

5402,158

22,020255767

1,935502

1,6013,523

542,205

345352

1,405215

1,070680

3,3371,2025,5691, 485

77,171

689733

30, 45785

243 '1,704

73617

2,34023

1,508269387

1,00399

502267

1,301809

2,9091,049

61, 727

7,7125,414

164, 413620

2,18511, 624

7334,428

15, 718869

8,3231,5932,1897,396

8223,8912,2999,4164,804

19, 3759,348

378,067

650250

9,65050

125885

50300850

50400100215500

50250125550260

1,105700

423352

8,3082963

56055

149871

505217254

61417

254» 143

558129

1,050456

23,420 19,148

397215

3,67640

109583

5016715050

26899

123

49234124497195648690

12,085

6,0584,550

137, 323495

1,8879,501

5793,691

13,800563

7,1161,3191,7956, 241

7063,1471,9027,7884,206

16,4997,293

315, 730

162

3,629

19

100

138

10190

4,666

FEDERAL RESERVE DISTRICT NO. 8

HO

HW

ao

Ib

ARKANSAS

ArkansasBentonBoone . ._ .__CarrollChicot.C la rk . .ClayCleburneCon wayCraigheadCrawford.CrossDallasGarlandGreeneHampsteadHot SpringsHowardIndependenceJacksonJefferson

1,1932,333984714291280720167481751433151437

1,600846

1,354243. 86774655

4,372

17556213027917543693

18758300111299888358114441

425119

1,582

62384924528920996100144475552375411186244046211973

292918

2,915

2,2093, 9571,4041,348713437949320

1,2261,0181,007324880

3,5401,7362,047415168

1, 5631,7288,963

200310751355050752550150100251003001753502525

150100300 I

1,7343,0701,2051,045

594332728287

1,024642774282698

2,9261,2431,497

356139

1,1181, 3357,803

71 ^41 O16 ^

::: 330 tel

o

-" i~2510

80 S?

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 556: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 63,—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State, byFederal reserve districts, April 6, 1925—Continued

FEDERAL. RESERVE DISTRICT NO. 8—Continued

[Amounts in thousands of dollars]

Or

O

States and counties

ARKANSAS—continuedJohnsonLafayetteLawrence _ _ _LeeLittle KiverLogan . _ _MadisonMillerMississippiMonroe0 uachitaPhillipsPoinsett_ _ __ . ._PolkPrairiePulaskiSt FrancisSalineScottSebastianSevier - -Union __WashingtonWoodruffYell

Total _.._

ILLINOIS

Adams,- _Alexander _ _Bond _Brown..

Num-ber ofbanks

3121111111122113222614511

87

1231

Loans anddiscounts

893179241430338248362

2,913648100926

2,74735823457

6,668410445357

10, 27578

4,0032,086

127146

54,134

3,3291,565

909803

Bonds andsecurities

11177815449

24421

4167

2849937662873

7721784599

4,8728

2,278519

35

16,816

2,139817372134

Due frombanks, in-

cluding law-ful reserveand cash in

vault

18258

13822855

237201

1,660311

14445745819914

2,341444141184

4,49213

2,85289838

106

25, 545

80850015773

Totalresources

1,225322473767463747598

5,3291,074

1451,8964,107

57145893

10,4821,075

656664

19,850126

9,3783,724

176264

100, 615

6,6613,0801,4741,108

Capitalstock

185• 25

5080258050

40015025

100700855025

700805050

1,30025

5003752525

7,930

500200165100

Surplus andundivided

profits

69301838413429

160547

28347

31210

341894925

1,1984

329166

36

5,462

1361417074

Circulation

692525

248019

1012504849

200492544

1,2456

69288

3,751

49365

140100

Totaldeposits

903242379649335547501

4,749870103

1,7563,010

30334841

9,240856531545

16,08755

*8,3872,893

148233

82, 543

5,5012,6691,094

695

Bills payableand redis-

counts

38

132

17

353

687

5135

HH

O

o

HWO

o

1-3

wH

Od%

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 557: Annual Report of the Comptroller of the Currency 1925

ClayClintonCrawfordEdwardsEffinghamFayetteFranklinGallatinGreeneHamiltonJacksonJasper.JeffersonJerseyJohnsonLawrenceMacoupinMadisonMarionMassacMonroeMontgomery..Morgan.PerryPikePopePulaskiRandolphRichlandSt. ClairSalineUnionWabashWashington...Wayne..•WhiteWilliams

Total-

ClarkCrawford-Daviess...DuboisFloydGibsonGreeneJackson. __Jefferson _.

171

33533564436141241013642122441332114534374

813315

1,7961,093800

1,0052,718696

1,9301,1242,129435

2,253429457

1,7092,8807,3981,8841,333622

3,8443,7571,7191,995245390469652

15, 7101,8441,2311,453679867

1,7333,178

3361,385540364422865

1,751126830276

1,467206

1,03846124955

3,78710,8521,943819739

2,0802,7621,07949492164602330

12,1151,279855

1,6631,636415877

2,382

80,191

1,136218

1,248489

2,7073,1511,0841,524

959

60,958

40443

770218

1,173820910672

1,269

181186384106265245

1,007211253202

1,1171265453846681

1,0085,381745221204743

1,1574334755584241195

5,946301267574393182472972

27,18.0

18546440120393998303476368

1,4251, 7542,8451,6201,5582,2055,8261,1983,1401,6754,906

7944,126

548699

3,5027,983

24, 5814,7302,4681,5907,0567,7613,2963,047

414712

1,3661,239

34, 7293,6852,4843,9582,7311,5563,3076,750

175, 587

1,818316

2,572876

4,3105,1662,4012, 7602,623

140125225125100200270110305105310502805085245420

1,095365185757953001652605075100100

1,810250200225225160295250

11, 090

17525250100400350150250250

375916864661383345416371258462771256226562

1,4563093059028369726548115398680

1,78912015122812081196473

10,276

12814

28759306279122207281

1361191531237514519097164792344925425581502366462891737562429612414650269097

1,07524911122322496268245

8,212

1751723975386320148247246

9651,3412,3031,1091,3171,7124,964909

2,3771,3764,081649

3,250387449

2,8546,80021,7043,7231,6971,3505,1426,3932,7412,117299548

1,077945

29,3322,8391,9043,1472,0951,1272,5155,766

143,263

1,340260

1,776638

3,2053,9721,9802,0561,836

41110

140

105426131523

5174513014

10104

14675

41

23

1522080115125

923315

1,994

201

51

W

otcHi0hr

H

oo

WO

Kc^

0

tr

o

C

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 558: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 63.—Principal items of resources and liabilities of national banksy arranged alphabetically by counties in each State, byFederal reserve districts, April 6, 1925—Continued

FEDERAL RESERVE DISTRICT NO. 8—Continued

[Amounts in thousands of dollars]

States and counties

iNDiANA—continuedKnox.LawrenceMartinOrangePerry ..Pike - .PoseySpencerSullivan . .Switzerland _VanderburgWarrick . . .

Total . .

KENTUCKY

AdairAllenAndersonBarrenBoyle . - . - .Cal dwellC allows vCarlisleCarroll -ChristianDaviessFranklinFulton _.,GravesHardinH a r t . . .

Num-ber ofbanks

3312436121

4

57

I

2422112

222212

Loans anddiscounts

5,0511 474

188624

1,344858

1,873171

1,108209

11,4621,404

38,280

262334

1 6532,4781,2501 562

725254

1,832750

2,8981,317

7431 5811,622

436

Bonds andsecurities

1,5291 148

37133878454

1,030133191144

9,867441

22,262

4371

27758294892226027

417139

1,1371,150

230570190116

Due frombanks, in-

cluding law-ful reserve

and cash invault

4,23870445

26220326757754

24331

4,153239

11,345

7314027240232146132973

198291558268252622216111

Totalresources

8,2453 445

2851,0652,5011,6458,652

3671,606

39926,9012,146

75,099

395574

2,2473,5452,5713,0741.341

3662,4741,2414,8502,8231,2572,8672,101

700

Capitalstock

73022525

10522510027535

18550

1,500200

5,605

2550

22528$2003755025

16010046325013025015050

Surplus andundivided

profits

8972562273

10894

130227129

797105

3,787

748

3791852931936230

14138

37239091

40410432

Circulation

4212201239

19559

27435

13450

972200

4,464

2 5

1892391003604925

11474

4542471302305025

Totaldeposits

5,9952,725

226848

1,7241,3902?931

2761,168

22123,528

1,519

59,614

271512

1,4502,7861,9272,1301,177

2832,0201,0293,4891,921

8S91,9271,775

593

Bills payableand redis-

counts

365

190

42

4324

46

78

50

*

30

32

10

fcO

fed

s3

O

O

i

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 559: Annual Report of the Comptroller of the Currency 1925

HendersonHickmanHopkinsJeffersonLarueLoganMcCrackenMarionMercerMuhlenbergOwenHussellTaylorUnionWarrenWashingtonWayne . . .Webster

Total

MISSISSIPPI

AlcornBolivarChoctawClayCoahomaLafayetteLeflore --Lownd.es[MonroePontotocWashington.. _

Total-- -

MISSOUEI

AdairAudrainBarryBoone . . . .CaldwellC alia way_ _Camden.^ „.« ....*. - --^ ^*. _.Cape GirardeauCarroll.Cedar..CharitonCole. _ -_Cooper.-

112422232221112113

81

11111122111

13

2133312221111

1,477224770

67, 5251,044

3944,9041,4331,2681,415

752176272360

3,097426206592

106,022

1,13828791

4421,641

1443,3511,244

390397

1,399

10, 524

1,260390962

1,7741,134

542277824823406295

2,0041,134

277102518

18, 500232106

2,0187922609041283071

1684628261

403

32,193

4943

206647390352835505374243

3,644

426186349

1,066207116112349205

5224

1,426241

263114386

21,986142152

1,651194229378

793252

1044589031

320

31,248

1003946

15141093

51875632951

185

2,678

3422352605131705741

2391656124

359206

2,132448

1,710109,653

1,480678

9,1452,4891,7912,741

994247398691

4,206611307

1,355

173, 502

1,375385171831

2,865648

4,4202,9431,265

8791,861

17,633

2,088825

1,6483,5051,614

767445

1,5291,244

539361

3,8911,700

2005075

4,50013550

45030015090

1232525

100375

502590

9,601

1008525

10050050

450200100125100

1,835

15050

135250255100

501401505050

200200

722626

7,2614642

52422410620371

51326

308892577

11,939

229

8012310

247120658

237

921

1077041

465106403624

1301116

12183

1004974

3,61011450

3982979979

123252597

337502590

7,953

3425

50

3029414898

125100

904

14750

1102471609825

1305012

197175

1,602323

1,51591,579

1,185535

7,7241,4681,4282,276

651192336466

3,177421222

1,098

140, 377

1,125199146597

1,720557

2,8762,474

989605

1,424

12, 712

1,666655

1,3612,3401,021

371307

1,358825364261

3,3731,242

136

1,441

1 2 1 y .

_ g26 3

£jfr-3

o10 j

HW1,986 , t=l

QO

94 g67 S

tv447 O

F553 £

wtj

1,161 hi

h1

tei

"" Qd

ioo S72 a

158 327 £

6422

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Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 560: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 63.—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State, byFederal reserve districts, April 6, 1925—Continued

FEDERAL. RESERVE DISTRICT NO. 8—Continued

[Amounts in thousands of dollars]

States and counties

MISSOURI—continuedCrawfordDaviessDent...DunklinFranklinGreeneGrundyHarrisonHenryHowelLJohnsonLacledeLawrenceLinnLivingstonMarionMoniteauMonroeMontgomeryMorganPemiscotPerryPettisPhelpsPolkPutnamSt. CharlesSt. ClairSt. LouisSalineScotlandScott

Num-ber ofbanks

III212I33121I14II

x112

x3XX2XX

15XX1

Loans anddiscounts

242268153311154

6,670380661

1,128432403205283413

1,968632287326256286523

862,926

498156516625268

201,30212175

254

Bonds andsecurities

30273016

5961,583

17515320216932068

14118

4301,462

14130043628019

73517146

26662829

63,2322

5388

Due frombanks, in-

cluding law-ful reserveand cash in

vault

4549287175

3,22317294

30016113680

12668

695302

75692955

37226

1,1197941

20375

11074,455

608955

Totalresources

328358

; 232483830

11,623776969

1,705790880368569520

3,2722,428

515728340458999136

4,915783270

1,0131,377

423348,629

188255422

Capitalstock

2525259025

60075

12515050

105305025

285200

501 70

75i 50

7525

3005025

10010055

26,696505050

Surplus andundivided

profits

32294

1641

2223669

1053996171938

1921754961175

475

509661331

12132

14,6562

2022

Circulation

625127

1967595

1501355

4915

2841982069

5049

298502599

10012

9,794

2125

Totaldeposits

265269191311765

10,605590615

1,285689624320452443

2,4571,854

396528247297827106

3,803617199783

1,053324

292,948136164322

Bills payableand redis-

counts

10

60

6515

54

56

8

1,155

dow

HKK

6

HO

IO

ad

a

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 561: Annual Report of the Comptroller of the Currency 1925

Stoddard "Sullivan _ _ _ _ _ _ __Webster _ __-W r i g h t . . . .

T o t a l - - .

TENNESSEE

Dyer l

GibsonHardinHendersonHenry _LauderdaleMcNairyMadison __ - . _- -ObionShelby-. _ _

Total

1211

88

1211111322

15

256622150210

235,871

1 053304136164654220115

3,402841

11,602

18,491

147572514

76,317

18016812533602995

1,953209

2,082

4,934

87126

1326

85,461

539166100158218100192

1,470298

5,127

8,368

507895204276

409,620

2,055661372361945357411

6,9181,428

19,829

33,337

501202525

31, 706

3001005025502530

400159

1,100

2,239

3033

210

18,131

131132712351337

22970

1,327

1,894

49452312

13,322

1008130

50158

39780

199

960

378591118207

340,923

1,491404266323809304336

5,8921,119

17,094

28,038

1053522

2, 028

63

63

FEDERAL RESERVE DISTRICT NO. 9

MICHIGAN

Alger . . - -BaragaChippewaDeltaDickinson _ _ _Gogebic _ _ __HoughtonIron . - . -- -Mackinac _MarquetteMenomineeOntonagon . . _Schoolcraft

Total

MINNESOTA

Aitkin .AnokaBecker . __ _BeltramiBenton _Big Stone.__ __.

1113358515o21

39

314335

912405

1 2383,3492,1843,1748,8151,146

4226,5591,142

455362

30,163

1,124850

1,6861,055

8821,414

465263773

1,5022,5673,5266,5421,937

5606,3912,104

250151

27,031

547113516714125472

219102384962634

1,1862,537. 492

2061,766

58712180

9,275

385166354326121645

1,680784

2,4535,9935,7318,213

18,4053,7471,209

15,0373,948

903660

68, 763

2,2171,1702,8362,2301,1892,674

10050

100250275450950300

50600325

75100

3,625

10050

16512575

125

1492598

240216289

1,45311570

9091395113

3,767

1137

74362950

606

10024821922483515750

5822974960

2,887

2513

1649325

110

1,347703

2,1415,1664,8447,250

15,1503,1631,033

12,8333,144

708486

57,968

1,9791,1012,4131,9711,0602,389

50

20

70

20

gw

H

OHW

O

O

izja

ox

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 562: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 63.—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State, byFederal reserve districts, April 6, 1925—Continued

FEDERAX. RESERVE DISTRICT NO. 9—Continued

[Amounts in thousands of dollars]

States and counties

MINNESOTA—continuedBlue Earth

CarltonCarver. .CassChippewaChisagoClay .-ClearwaterCottonwoodCrow WingDakotaDodgeDouglas.. _FaribaultFillmoreFreebornGoodhue _.Grant—-HennepinHoustonHubbardIsanti . *ItascaJacksonKanabecKandiyohiKittsonKoochiching - _Lac qui Parle _- -_ -LakeLake of the Woods

Num-ber ofbanks

8334211534563387443

10113851212211

Loans anddiscounts

7,100994843824312724430

2,516623

1,9471,9664,3281,2201,6001,9892,2742,6072,235

734128,864

202366911

1,2922,058

4571,085

409470716375290

Bonds andsecurities

3,160631

1,4311,007

3006861

530159

1,0461,3692,326

428362644

1,276994

1,428259

45,78877

300305

1,73762916636137

39917144773

Due frombanks, in-

cluding law-ful reserveand cash in

vault

2,093231431197143115

3454099

328602

1,070224256600607682467170

46,23827

11015353723513215043

2381559486

Totalresources

12,8681,9802,7832,057

8071,037

5563,827

9633,6604,2157,8971,9732,3913,4294,3434,4784,3091,250

230,189330813

1,4733,8323,352

7921,733

5661,1471,128

944487

Capitalstock

685115150100505050

26075

165205535120150285250240350125

11,7502550

1O0225306

251256075555025

Surplus andundivided

profits

41168

11470201010

12415

2431301977683

12515314623637

8,995271718

1638726302019582211

Circulation

51511511974422949

16575

13414569

11014918924320315868

2,838122598

17914925

1242542554924

Totaldeposits

11,2471,6822,3821,812

694947418

3,234794

3,0673,6907,0541,6672,0092,8283,6743,8883,5471,020

204,064266721

1,2573,2432,791

7161,454

4301,012

961823425

oBills payable gjand redis- ^

counts Q

wfed

I oo":: : : : gH

28 W29 9

50 £17 w

" ". . . . §21 H3

ft17 fed

414 C

W

16 g20 25O

31

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 563: Annual Report of the Comptroller of the Currency 1925

Le SueurLincolnLyonMcLeodMarshallMartinMeekerMille LacsMorrisonMowerMurrayNicolletNoblesNormanOlmstedOtter TailPenningtonPinePipestonePolkPopeRamsftyRed LakeRedwoodRenvilleRiceRockRoseauSt LouisScottSherburneSibleyStearnsSteeleStevensSwiftToddTraverseWabashaWadenaWaseoaWashington"WatonwanWilkinWinonaWrightYpllow M^pdioinp

Total.. . „__—- _

67624

101256517438125537122432

194218323g3243233333

327

1,6442,3663 7191,1521,1803,4621,239

3671,9703,7081,167

3251,812

9633,0662,790

365437

2,2271 812

61064,197

177671562

4,3752,656

38839,3991,041

481229

5,0552,152

467679

2 003866

1,1951,4701,6472,5101,316

8213,2511,139

979

355,859

1 293455944600235

1,522240254

1 1882,206

206436850352

1,6302,445

318222555814224

36,46010697

1611,784

17194

22,908984188161

1,4751,288

258420766425559773718

1,448330104

2, 686365374

162,042

454616712332202694123178425946256136309497

1,11293684

135569574104

30,47423

175127

1,14235573

14,679243

7456

1,045693186157576251354551344519236221

1,085187263

122, 507

3,5203,7275 8282,1601,9176,3841,776

8373,8197,1051,925

9442,7461,9286,0656,478

871838

3,6653 4891,029

135,007320

1,100985

7,6723,333

60279,3442,346

804483

7,9444,639

9751,3873,5191,6232,1402,9482,8904,5722,0481,3147,4231,7811,742

669, 917

1751852451001754807555

22528012550

210125200350

5075

180210

856,125

2512050

455175

557,077

1255025

6002256575

2007575

200225375155100350105100

38,333

76131147

3855

172412280

4535857

10770

279177241686347

6,2875

1821

314118

105,690

801615

206622233

119467688

110287

7625

4691675

28,484

112185170

7575

2987454

206236

6815

14281

1143455049

14519135

687255031

3248240

2,207612025

2102235075

1745775

15099

17012443

22951

100

14,828

3 1423,2275 2351 9301,4215,4211 586

7023 2816,1371 664

8222,1241,6525,4675,604

741698

3,0853 050

901119,709

214913838

6,5752 918

49763,9092,044

705418

6,4944,100

8361,1593,0261,4451,9042,5092,4553,7171,6671,1466,3421, 6091,468

581, 237

28

1918

24

10

163

167

12148

44

40

351014

427

45

25

25

2,088

oo

g

©

Io

3o

O l

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Page 564: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 63.—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State- byFederal reserve districts, April 6, 1925—Continued

FEDERAL RESERVE DISTRICT NO. 9[Amounts in thousands of dollars]

States and counties

MONTANA

BeaverheadBig Horn -- --BlaineCarbonCarterCascade -ChouteauCusterDanielsDawsonDeer LodgeFallonFergusFlatheadGallatinGarfipldGlacierHillJudith BasinLewis and ClarkLincolnMadison

MissoulaParkPhillipsPonderaPowder RiverPowellRavalliRichlandRooseveltRosebudSandersSheridan

Num-ber ofbanks

21321512241153311\321

1213211123112

Loans anddiscounts

2,45443384960481

5,13360

1,27030498560686

6972,3241,651

12667

185334

3,53325799

1993,1412,455

38140737

469117305361124186113

Bonds andsecurities

12554

16647323

2,55147

364168590420

9205

1,1636433134

115104

2,2464131

2351,723

4541378427

15760

17518253

125131

Due frombanks, in-

cluding law-ful reserve

and cash invault

1,08772

26715329

3,49725

37898

50226426

5597505704221

143102

1,827342581

1,3441,203

1005423

16031

194168

717533

Totalresources

3,724616

1,4851,303

14512,152

1482,197

6712,1921,342

1291,5564,5363,272

206138491622

7,778362181530

6,4294,154

749618104823261726767258411309

Capitalstock

22565

15510525

60525

18555

20010025

25547523525255090

450402550

40010014010025

1005055

100252550

Surplus andundivided

profits

2201680482

3913

1135

88422

39154330

1687

38912

56248248

9164

404

1220

108

Circulation

74243259

2752560301250

60446

76

4520025

25284251519

1238

2535

Totaldeposits

3,204487

1,2181,091

11110,873

951,839

5791,8831,151

1011,1673,4462,631

18098

433478

6,739295153399

5,4973,781

466374

75671143594635233350210

Bills payableand redis-

counts

24

77

8

35

9

120109

276211

7

OO

WftOwHO*iHWftao

WftO

fta4

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 565: Annual Report of the Comptroller of the Currency 1925

Silver Bow_.StillwaterTetonTreasureValleyWelcomeWheatlandWibaux _Yellowstone

TotalNOETH DAKOTA

Adams.BarnesBensonBottineauBowmanBurke..Burleigh___Cass. . - - . .Cavalier rDickey._ _DivideDunnEf!dy_._Emmons _FosterGrand ForksGriggsHettingerKidderLa MoureLoganMcHenryMclntoshMcLeanMortonMountrailNelsonPembinaRamseyRansom.RichlandRoletteSargent. . .Sheridan.SlopeStarkeSteeleStutsmanTowner _Traill . - . - . . .

12214122385

36242121146212226321612152365719232154649

4,50632119384652197111281

2,78139, 559

5751,97030052766365

2,3909, 561679

1,484219194561531547

4,302747556230

1,40919545980990

1,496499862

1,1872,012517

2,219392768306169

1,561958

1,7481,1222,039

5,0755513213056816779

1,25220,505

7386781228119251

1,2784,4332853502516421324999

2,3441663023650314090102220

1,172103477698

1,46410894093746337

2,247307

1,388199

1,172

2,300298978427142945

1,13118,150

22665498145125100969

3,009317524458715811163

2,50411618965378557049198739100325484

1,1291286988426914188526193536163616

11, 958449439300

1,816230271461

5,49182,800

9853,886525

1,037981422

4,88917,7941,4042,575332483983954785

9, 7451,1921,144361

2,613441658264

1,5383,610795

1,7762, 5574,718840

4,237649

1,193544350

4,5141,7053,8671, 6384,163

300507525

1752550

100325

5,785

7525050

1005025

1508801251755050505075

525100

5025

275255025

12512575

150150250

50335

50805025

250195250100300

55146102945

9288714

22131

610463730

166863915671027

45794226298

18410

12724312527

125568567

126

20025

100

256

~2,475"

5017449463525124705631477

50650342862625177

50245750417512417249205372327251841505751203

10,758335348268

1,438186187329

4,86570,394

8053,317

402826851363

4,31615,495

1,1942,099

245423837861578

8,632855

1,029296

1,976406515211

1,3003,341

6321,4882,1834,111

7303,543

5321,048

443257

3,9521,2703,4751,2903,533

37

134

1614

510 3•H

"" O14 ^3 7 H

— HI" H

O17 O24 §""" H

"52 215 L64 ^ j

118 Ohrj

16

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25 Q

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Page 566: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 63.—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State} byFederal reserve districts, April 6, 1925—Continued

FEDERAL RESERVE DISTRICT NO. 9—Continued[Amounts in thousands of dollars]

States and counties

NORTH DAKOTA—ContinuedWalshWardWellsWilliams

Total

SOUTH DAKOTA

AuroraBeadleBon HommeBrookings .BrownBrule - .ButteCampbellClarkClayCodingtonCusterDavison.. . . __Dayt)euel-FaulkGrantGregoryHaakonHamlinHandHansonHughesHutchinsonHydeJerauld

Num-ber ofbanks

3831

161

12146211225123612212242211 i

Loans anddiscounts

1,3472,6511 1671,055

53,309

4001 134

4691,6574,087

655765177316

1,2872,593

1301,900

9901,870

1201,154

63822433880686777251740760

Bonds andsecurities

1 0002,796

238189

27,383

391 227

40461

2,8501463139

184378

1,75016

593197174

73611681842

471144811276175

1

Due frombanks, in-

cluding law-ful reserveand cash in

vault

4221,259

386300

18,841

106499286589

2,1521847954

108415

1,17926

75544532631

4238845

10955322036516732058

Totalresources

2 9037,1041 9391,641

106,734

5532 956

8312,8489,4971,022

921314622

2,1645,737

2093,3541,7352,629

1702,0241,002

309628

1,8911,3052,0451,015

919122

Capitalstock

17535010075

6,490

2512540

12527575252550

10035025

15010015025

125100256075

127100605018

Surplus andundivided

profits

12818412425

3,673

37641667

38423605

3590

1784

13025

107112816111598344045404

Circulation

1752656937

4,337

107425

106185256

4947

247

12456

100

629912357435

1003125

Totaldeposits

2,4246,3051,6461,504

91,539

4812,693

7502,4888,617

793561284488

1,9214,951

1612,9341,5322,209

1331,818

654262518

1,6431,0901,805

87580494

Bills payableand redis-

counts

589

62

107269

13162162

133

16

woo

o

Io

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 567: Annual Report of the Comptroller of the Currency 1925

Kingsbury -Lake - _ _ . . ....*_<.-

LincolnLynianMcCook"jvj" n PhersonMarshall .. _Mead©

Minnehaha .MoodyPenninstonPotterRobertsSanborn. . _ _SpinkStanleyTrippTurnerTJnionWalworthVankton___,

TotalWISCONSIN

AshlandBarronBayfieldBuffalo _ -BurnettChippewaDouglasDunnEau ClairePorestIronLa CrosseLincolnOneidaPepinPiercePolkPriceRuskSt. CroixSawyer_TaylorTrempealeau _Vilas

Total

42321113116311523114332

113

* 222212233112122322152211

47

1,0271,0992 012

80414428586

794325392

5,7061,1201,145

2391,257

4831,452

198112

1,6751,391

799861

47,739

2,7821 097

405913371

1,6522,6492,5114,439

447223

5,8161,0441,168

842694446700275

1,52944

710180207

31, 044

140192

1,611107401227

107238

352,466

28528375

49765

735245

150147140241

18,221

1,141408

92311170

1,1712,827

88774953

5073,553

631372

79367104583

4934

2210150

144

15,260

202164

1,01326218

21615

10776

1093,234

31124991

3501128508310

630525225365

18,799

54914119219272

6321,419

7191,652

42670

1,716159268220143103307

3453997

1184327

9,438

1,4591,6604,7831,256

247543143

1,086666591

12,1741,7881,752

4412,289

7303,190

346147

2,6012,2011,3021,699

89,916

4,7911,760

7331,444

6253,4837,0834,3247,140

579810

11,2871,9001,9441,2511,238

6771,653

3433,092

1991,017

292412

58,077

150125275

80502525

1155050

51090

10025

22575

1152560

190125130150

5,170

200T5607525

2004002503755050

90010020010075505050

17550602525

3,620

5522

23090

335

1652

2380

509221893396

66

78521778

3,070

25160261931

30620689

1331015

920909359441635

1121

527

510

2,662

7596

15680256

25392512

166904923

120405710

585070

150

2,939

19849251325

1742212253574949

25099

15039312550

1256

592525

2,269

1,0651.1574,109

96894

47988

748538527

11,0541,4801507373

1,855569

2,89930459

2,2751,9741,0291,321

77, 031

4,1331,574

6221,336

5442,8036,1143,7596,269

377697

9,1351,5181,5011,0521,088

5S71, 517

2922,670

133855237352

49,165

114259

3678

168

6478

12. 23

22

57

1, 610

1

93

75

4

173

s

WfedcoK

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 568: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 63.—Principal items of resources and liabilities of national hanks, arranged alphabetically by counties in each State, byFederal reserve districts, April 6, 1925—Continued

FEDERAL. RESERVE DISTRICT NO. 10

[Amounts in thousands of dollars]

Crr

to

States and countiesNum-ber ofbanks

Loans anddiscounts

Bonds andsecurities

• Due frombanks, in-

cluding law-ful reserveand cash in

vault

Totalresources

Capitalstock

Surplus andundivided

profitsCirculation Total

deposits

COLORADO

AdamsAlamosaArapahoeArchuletaBacaBentBoulder __ChafEeeClear Creek_ConejosCrowley.-DeltaDenverDouglasEagleElbert.El PasoFremont. _•Garfield—GilpinGunnisonHuerfano...JeffersonKiowaKit CarsonLakeLa Plata. __Larimer _ __Las Animas.__Lincoln _ __Logan. .._Mesa.

824656

1,45890

155233

4,450762226197131922

75,38739716797

8,3301, 5711,604

34292996795268280204918

5,7482,663

742191

1,699

53322440

820

1021,943

73616935

241259

47,4035856

23,4211,844

588218249709252

653

973650

1,3452,613

11433

404454402

1099

1511,231

3085484

116363

36, 35161

1437

3,3441,416

58176

398452456

48107700643

2,4091,674

15063

723

1,3261,5152,411

137289505

8,3761,857

471326507

1,638162,342

551380119

15,2595,0562,853

336956

2,1941,552

349484

1,9082,3039,9317,1911,082

3423,047

6575

125252550

550175504025

1255,400

505025

775225225

255085752580

20020065030011555

150

223378

371

6185113113558

2831

761931851070115

134337404160631171

4826747506101249301325

4211811482550

19

150796212995914150

1,2391,3432,112

86257405

6,8771,579358269437

1,329149,192

43130179

13,2994,5222,223274784

1,9691,368249385

1,5101,9878,1936,431794230

2,674

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 569: Annual Report of the Comptroller of the Currency 1925

MoffatMontezuinaMontroseMorganOteroPhillipsProwers.PuebloBio BlancoRio GrandeRoutt rSaguaeheSan JuanSedgwickTellerWashingtonWeld.Yuma

Total

KANSAS

AllenAndersonAtchisonBarber.BartonBourbonBrownButlerChaseChautauquaCherokeeCheyenne.ClarkClayCloudCoffeeComancheCowley..Crawford.DeeaturDickinsonDoniphanDouglas.Edwards..ElkEllisEllsworthFinneyFord

2334323211221213113

137

32

to t

o

5134234123331463523253222

580638

1,0901,582945509836

5,750445326744305117401390637

4,357638

132; 777

830532

1,864457

1,8431,356868

2,168761753

1,094220548

1,033992877180

5,5163,7121,2161,438483

2,905266973547

1,120862923

41019935830628681334

5,8621736302831978999146

1,768386

76,717

28513957789771535153582108176665685

35223151628

1,2541,32225741011876969207497644217

17130242073456860594

7,238604811110619580755135

2,319403

67, 777

244177

1,158796314332547229021578089157562394506100

2,9821,873397672140

1,279241393262315159494

9271,1901,9472,8711,897755

1,82719,260

577479913484633655

2,159999

9,0681, 551

285, 785

1,414895

3,727673

3,5062,3681,3813, 7431,0911, 2702,631418770

2,0881,6851,965331

10, 2627,2701,9312,647766'

5,132603

1,671954

1,6251,1511,737

50105225210125ioa1256004050509050755095615120

12,865

10550300503751001301501751501752575150175125255005001252007530055200125125100130

32639519812921104

1,20620133506015226260274

12,297

64351802910812041241775912229382201075326462505109185563944465131112136

10791141691076273399102510151373

4438484

5,539

105501002526910010512675131149

12546100253942851241473129754161

252569

775941

1,5112,1871, 535476

1,52116,896

488386787262509448

2,037712

7,4381,188

253, 283

1,139761

3,062569

2,7512,0481,1043,226653853

2,181364657

1,5941,3581,686255

8,8965,9721,5722,115605

4,083450

1,117806

1,363966

1,500

54

107

95

19183363

41

86381

1,112

2

9576

1

58

128

s38

3W

O

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Page 570: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 63—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State, byFederal reserve districts, April 6, 1925—Continued

FEDERAL. RESERVE DISTRICT NO. 10—Continued

[Amounts in thousands of dollars]

States and counties

KANSAS—continuedFranklinGeary^.Gove ....Greeley-GreenwoodHamiltonHarperHarveyJackson _ . __JeffersonJewell.Johnson..KingmanKiowaLabette .LoneLeavenworthLincolnLinn__LoganLyon .McPhersonMarionMarshallMead6MiamiMitchellMontgomeryMorrisMortonNemahaNeoshoNess .NortonOsage

Num-ber ofbanks

32115142226122414211314523182152123

Loans anddiscounts

1,5671,495

13074

1,288108757743462270

1,032451467422835215

3,463393135357

2,82027°721647338

1,787754

9,319486142

1,302905410949702

Bonds andsecurities

1,045350

92

19279

5303716390

48117915210332258

2,6531572514

58553

324105183560181

3,985193

142129999

177112

Due frombanks, in-

cluding law-ful reserve

and cash invault

1,0405345824

55752

53362017191

55523615524534086

2,0631432970

94763

262201133689296

3,14721459

459369143586371

Totalresources

3,7382,555

210106

2,140316

1,9441,851

728498

2,180927814834

1,723371

8,303747200461

4,429428

1,4211,018

6833,0931,241

17,471913224

2,2981,660

6961,7631,237

Capitalstock

2251752525

17550

2501007550

226507590

12540

425502540

32550

12515050

22575

1,0157525

19812525

125100

Surplus andundivided

profits

97219

71

1071549

1073723

1575712134836

471491242

26411

10857667277

845856

148153377046

Circulation

222173

9124

112996

5017549

108725

323506

103215052

4917475

71971

16312425

10076

Totaldeposits

3,1891,988

17880

1,733227

1,5331,543

609375

1,623769701694

1,453270

7,022598157369

3,368317

1,126812518

2,6221,014

14, 776682193

1,7891,258

8101,4671,016

Bills payableand redis-

counts

29

8

100

g8HW

aog

o

fio

ad

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 571: Annual Report of the Comptroller of the Currency 1925

OsborneOttowaPawneePhillipsPollawatomiePrattRawlinsRenoRepublicRiceRileyRooksRussellSalineScottSedwickSewardShawneeSheridan

SmithStaffordStevensSummerThomasTregoWabaunseeWashingtonWilsonWoodsonWyandotte _

Total

MISSOURI

AndrewAtchison _ ._BartonBatesBuchananCassClavClinton . __DekalbGentryJacksonJasperNewtonNodawayVernon

Total

5315421322242316141343141135213

256

1131422212

126222

43

1,072819574

1,013995665155

2,329712363

1,272906356

3,280338

18,398333

5,027249781

1 0001,196

1031,145

12373

4331,039

699159

7,244

125, 473

341286501

7220,046

319635

1,318243459

86,1213,841

679858

1,415

117,134

295237305147312560

421,085

13276

39017869

65928

7,47532

4,98586

132271114

229437

200101488150

292,746

45,862

5648

4131

2,54178

267225

53138

24,9701,575

167133544

31, 209

227318182463366190137

1,231205173610390124

1,18362

11,966123

4,164142299380490

21376

6855

265433312124

3,007

59, 425

8280

23716

8,7471002411635782

45,4431,552

252219523

57, 794

1,7991,4401 1461,7171,7761,488

3734,8351,108

6402,4921,627

5875,798

43540,538

53314,575

4971,2611,7201,870

1391,905

246331840

2,0261,232

31713,386

243, 598

508423

1,214103

31,912529

1,3221,789

360716

159, 6227,2711,2021,2632,569

210, 803

20513510017520013025

42590

10020021590

42550

2,52550

90050

10012510025

2004050

10012510025

825

17, 658

5050

15025

1,1006075

1505080

7,350550

75125200

10,090

1149623

12967226

1863027

12711622

33921

1,34627

3066870

121117

3104

91341886719

33811, 216

95634

1,21726

172154

5755

6,636333104

6283

8,998

17411450929926

9034

15011465

224255024

59450506862

90

44679925

812

9,956

5044

149

5111625

1225080

1,724548

74106197

3,696

1,2831.094

9731,3111,4101,301

3424,221

887478

2,0151,181

4104,797

33935,963

43112,752

3281,0411,4031,590

1111,500

197269655

1,745965249

11,402

203,028

399265881

5828,575

4261,0501,011

203501

143,4095,609

920964

2,084

186,355

23

11

10

Q

WH3

1-3ft

Q_ O

MH

M

P3587 O

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9 g20 Q

300 d

322 Wizj

_ _ o1

255

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Page 572: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 63.—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State, byFederal reserve districts, April 6, 1925—Continued

FEDERAL RESERVE DISTRICT NO. 10—Continued

[Amounts in thousands of dollars]

States and counties

NEBRASKA

Adams _AntelopeBooneBox ButteBoydBrownBuffaloBurtBut ler . . .CassCedar .ChaseCherryColfaxCumingDawes.—_-DixonDodgeDouglasFurnasGageGosperGreeley _.Hal l . .HamiltonHayes.. •_.Holt-__JeffersonKearneyKnoxLancasterLincoln

Num-ber ofbanks

Loans anddiscounts

2,841184

1,2131,613

446215

2,6822,3511,341

8423,148

159310590

2,5561,135

7153,100

66,354490

2,135207464

2,561946148

1,2901,037

6421,790

16,034835

Bonds andsecurities

1,00058

1652076938

160683301167561273340

804117128774

16,28934

905278

88717044

853287102120

5,163178

Due frombanks, in-

cluding law-ful reserveand cash in

vault

4130647511422540421410145525785587500182174839

31,3741617901094065013134804492373254

7,113522

Totalresources

5,168297

1,8012,356

672330

3,6013,6612,1411,2394,704

279454756

4,0371,4921,1125,172

119,501709

3,964351554

4,2281,321

2363,0061,9191,1532,350

29,6121,628

Capitalstock

40050

1601257535

175325175125450258550

27512580

5506,150

253002525

24010525

175100125175

1,790125

Surplus andundivided

profits

16713

132115196

9313811347

211141524

3788960

2924,177

461741729

284648

225426180

1,11392

Circulation

34150

100996035

124297149124352252538

2055680

5261,195

24258257

2094125

12410052

106615100

Totaldeposits

4,260183

1,3882,015

519241

3,1812,8681,698

8923,387

215287645

3,1391,175

8643,804

105,209611

3,221284420

3,4701, 111

1782,4481,665

9121,758

25,9571,312

Bills payableand redis-

counts

20

142621

49292

39

4625

1,166

73

O

w

W

og

ad"

3

228

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 573: Annual Report of the Comptroller of the Currency 1925

Madison..._MerrickMorrillNanceNemahaOtoePhelpsPiercePlattePolkBed WillowRichardsonRockSalineSaundersScotts BluffSewardSheridanShermanSiouxStantonThurstonValleyWashingtonWayne...WebsterYork

Total

NEW MEXICO

ColfaxHardingMcKinleySan JuanSan MiguelSanta FeUnion

Total

OKLAHOMA

AdairAlfalfaBeaverBeckhamBlaineCaddo.__ _..CanadianCarter...-

811435314322123433212411215

172

4112111

n

262741165

3,70750197

1,151694

1,2461,275449

2,268665825615126999

1,7011,4681,2211,020897200790911748136

1,087233

2,089

147,493

2,17496354266757

1,60861

5,316

273972230

1,739731

2,0441,4803,890

76330124343288949294454871554551444

5384311274709855304841861624915234546

37,842

8097

23210830366130

2,150

17740061387159983601

1,904

878106414273799635381005973605213701440830179539747711782341127926921695826

58,306

5714010011614242230

1,421

12951590

2,280252

1,6961,0171,550

5,864688287

2,0471,4043,2552,183664

3,7091,2311,8951,163151

2,0242,6792,6092,2471,6771,106325

1,7281,2801,078263

1,486366

3,755

256,968

3,744165732530

1,3882,777134

9,470

6231,980409

4,5261,2124,8833,2437,803

550505020013527511040285100125803010019016513011050351001501002513550330

16,370

22550505020015025

750

5017050225125305200650

29851107891148242352284866416

103191741218512217391643687624382

11,374

21511116519310

397

163411991917259256

310252517313219867402609910078

100162911297017

99150100257812318

8,425

161

5024196

431

5040

8931102148106

4,568522189

1,5881,0412,6241,749512

2,925976

1,587953114

1,7162,1222,2291,8601,405917272

1,111857842205

1,154280

2,678

216,313

3,086114579439890

2,53498

7,740

5081,734348

4,1081,0374,3022,8266,775

1342913

537

10

1442

1032

35

3,112

55

42

49

146

3HO

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3

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Page 574: Annual Report of the Comptroller of the Currency 1925

TABLE NO, 63.—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State, byFederal reserve districts, April 6, 1925—Continued

FEDERAL RESERVE DISTRICT NO. 10.—Continued

[Amounts in thousands of dollars]

States and counties

OKLAHOMA—-cont inued

C h e r o k e e . . , • _Cleveland... _ComancheCotton.Craig _. .Creek.Custer. ._ .DelawareDewey..Ellis.. .GarfieJdGarvin.GradyGrant.Greer. . __HarmonHarperHaskellHughes __JacksonJeffersonK a yKingfisher. . . _____Kiowa.Le FibreLincolnLoganLove..McClainMelntoshMajor.Mayes _

Num-ber ofbanks

45553S914179

1134223758

115669234413

Loans anddiscounts

5221,3461,632

915810

2,5081,551

92567243

3,5191,9383,342

480587354180439

1,905972876

3,218935869886

1,1221,223

474891884158461

Bonds andsecurities

448478

1,027226497959696

46151

732,3091,2101,638

212482143

36295914710508

1,900558520419

1,3701,102

308291504

29257

Due frombanks, in-

cluding law-ful reserveand cash in

vault

2101,0781,013

312592

1,7541,144

9134233

3,4551,1012,279

2321,386

723151166

2,3082,824

7912,065

369996316

1,8581,261

597509569

79119

Totalresources

1,2623,1623,8501,6021,9675,4253,601

159903567

9,6404,4757,708

9732,4981,263

395979

5,3654,6452,2927,4581,9802,4691,7604,3963> 7121,4241,7442,062

287889

Capitalstock

140250300180180325275

25100

3070546575575

1806060

105245235250430165175150275125135180175

26100

Surplus andundivided

profits

3897803735

11382

11710

452229252

18107

193

24107196

74186

45385082,8661

10670

638

Circulation

114819720

14875

112

317

130323332

756214

749780

107177

907029

162124

27146150

619

Totaldeposits

9182,7233,3521,2331,5944,8963,128

104746520

8,8423,4576,364

7942,1471,160

342750

4,9054,1321,S486, 6451,6312,1871,5083,8633,3481,2041,3101,686

260.718 ,

Bills payableand redis-

counts

3

131

16

298

21

2037

i2

a.GO

Spa

Io

60

ft

dj

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Page 575: Annual Report of the Comptroller of the Currency 1925

MurrayMuskogeeNobleNowataOkfuslieeOklahomaOkmulgeeOsagsOttawaPawneePaynePittsburgPontotoc „„ , _.Pot tawatomieRoger MillsRogersSeminole .Sequoyah _--_-.,.Stephens...Texas _ ___TillmanT u l s a - - ,"WagonerWashingtonWashitaWoodsWoodward

Total

WYOMING

Albany ^Big Horn l._CarbonConverse ,GoshenJohnsonLaramieLincolnNatronaPark . . ._ .SheridanSweet-waterTremontUinta

Total

4103251691666866713358841356531

372

22411131452312

32

6049,6921,023544

1,47234,8815,46*7,1063,2191,6772,8602, 3781,0163,362147

1,006916979

2,5971,196945

48, 511830

4,806692043201

186, 309

2,707172

2,041369170306

3,9931,1775,359325

1,2573,090255772

22, 493

3583,884120376768

17,0622,6541,8801,051902

1,5521,797334

1,22611442255441712395263

8,9873$9

1,948287286174

73,442

45929291916144140

1,613915

1,268304536905148427

8,131

4172, 955484303

1,31123,9342,8794,8651,8351,1512,259913673

1,626100410384228

1,845794

1,40121,916

5611,8981,084720155

115,053

748152691191109101

2,398449

1,913546360

1,171162222

9,213

1, 44617,4701,6771,3143,62780,18711,49914, 5356,3553,9026,8155,4682,1636,525270

1,9411,6241,7785,3832,$462.81285,4671,8319,5962,1462,101551

396,590

4,115682

3,877745332596

8,2372,5699,0201,7962,2645,580604

1,488

41,905

1501,225100100160

4,5509607353502508503552404502512500160435215175

5,15018075013512550

26,230

2005531550255070010045015017528075100

2,725

35494285275

1,5593574241171041639066143737295114713528

1.64071445425210

9,806

291272251110542981643991077933531103

2,134

759522c998537614529523920010626493216

698713087683684110075503149

8,278

1982514850

49168983487814926750100

1,728

1,18414, 5111,5231,0623,27273,3829,97313,0375,6483,3416,1744,6091,7325,600228

1,6791,4671,3764,6972,1012,56777,687L4798,3161,9171,851442

350,278

3,422575

3,179634297443

7,0572,2027,7801,4131,8624,698447

1,185

35,194

259

1016

7201481947

52226

92

42

1,017

15

4245

102

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Page 576: Annual Report of the Comptroller of the Currency 1925

TABLE N O . 63.—Principal items of resources and liabilities of national banks, arranged alphabeticallyFederal reserve districts, April 6, 1925—Continued

FEDERAL RESERVE DISTRICT NO. 11

[Amounts in thousands of dollars]

counties in each State, by Or--ao

States and counties

ARIZONA

CochisePima _ _ •Santa Cruz

Total..

LOUISIANA

BienvilleCaddoClairborneDeSotaEast CarrollLincolnOuachitaRichlandWebsterWinn.

Total

NEW MEXICO

Bernalillo __C havesCurryDona AnaEddyGrant .._Guadalupe"HidalgoLincolnQuay

Num-ber ofbanks

212

5

241

14

22313111

:j

Loans anddiscounts

8983,0141,644

5,556

66222,657

990259236642

2,645152490379

29,112

4,3901,840

491473808509168226141609

Bonds andsecurities

227864659

1,750

1294,255

1802

25944

2391489

2

5,213

1,23725921515210413453343

46

Due frombanks, in-

cluding law-ful reserve

and cash invault

511712

1,348

2,571

798,168

88234

35030153661

10042

10,553

1,679888288326429246426716

290

Totalresources

1,7654,9214,042

10, 728

99136,4502,179

303889

1,0184,661

248717440

47,896

8,0403,0941,0541,0241,391

960336350203

1.075

Capitalstock

125100150

375

1502,350

150505050

600255025

3,500

65012510050

12550503550

175

Surplus andundivided

profits

106402161

669

341,161

10415

10966

34878

24

1,876

22916446444157

291

39

Circulation

2010055

175

561,249

30

4923

1121248

1,579

394124501350505024

19

Totaldeposits

1,5134,3193,471

9,303

65431,215

1,890238678878

3,126204611371

39,865

6,7512,680

859917

1,174803214256153836

Bills payableand redis-

counts

96

20

116

23

6

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Page 577: Annual Report of the Comptroller of the Currency 1925

RooseveltSierrasValencia.

Total

. OKLAHOMA

Aloka - -Bryan - _._ChoctawCoal .__JohnstonMcCurtainMarshallPushmataha _

Total

TEXAS

AndersonAngelinaAransasArmstrongAtascosa _Austin _ -BanderaBastrop --BaylorBeeBell -BexarBlanco--BosqueBowieBrazoriaBrazos...BrewsterBriscoeBrookBrownBurlesonBurnet _CaldwellCallahamCameronCampCarsonCass_CherokeeChildress

211

22

18423551

29

3111121322981252222141223431411

38476362

10,477

862,1011,516220426818813471

6,451

1,980898998116739631888753

1,0303,87130,162

105263

6,633210

1,577519331292

2,023437140

1,028714

3,038534130808646684

12116110

2,484

6376037489233312245206

2,282

9681323327151331

34752124

1,1457,247

5626

3,6848713217011487701228073438493412

547103175

2432190

4,625

1471415665227354290298

2,118

49449060524816617621564279

1,91513,399

118166

2,36014096924627822380923160879425

2,0391089

749287493

789123597

19,036

1933,9962,418402955

1,6371,460 '1,017

12,078

3,6241,65321619526575657

1,9831,4241,5017,50255,234

293552

13,214461

2,874960697603

3,851821295

2,0941,2466,3231,127146

2,1801,1091,377

752550

1,580

2542538050100180210100

1,470

32510025255011025125125200750

4,750258068575250105555032510055300100425225451757550

21

7

678

6118581129416345

371

407791525424

242148261366

2,3023732623273661001674

571701222572429681224513963

75

49

898

2513625

6666540

363

1747223251299

623896374

2,9682523122119590840247100544937394220

11974

61498489

15,844

1283,3161,842333759

1,3051,097832

9,612

2,7191,40215411919951831

1,5551,113838

5,99944,842

206417

11,681347

2,159635467509

2,709551167

1,5201,0375,03259775

1,641816

1,264

29

9

1128

6121

211

5

106

45

30

7

51814

3HO*j

Htd.

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W

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Page 578: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 63.—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State, byFederal reserve districts, April 6, 1925—Continued

FEDERAL RESERVE DISTRICT NO. 11—Continued

[Amounts in thousands of dollars]

- afcO

States and counties

TEXAS—continuedClayOolOTTlR-TI

Collin . .CollingsworthColoradoComalComancheCookeCory ellCottleCrockettCrosby - _D all am .Dallas.DawsonDeaf SmithDeltaDentonDeWittDickensDonleyEastland . -EctorE dwardsEllis . .El PasoErathFalls.-FanninFayetteFisherFloyd __Fort Bend

Num-ber ofbanks

23

1121\3331121

121227421311832593121

Loans anddiscounts

4171,3423,813

797310356965

1,698841430523354314

79,864455377616

1,9661,696

839259511111111

4,19713,465

3831,7572,9461,090

218643372

Bonds andsecurities

6855

1,63713277

297346916307194793983

26,002

105169450336485372371

1,4763,824

1544977336821528

255

Due frombanks, in-

cluding law-ful reserveand cash in

vault

162816

1,441656141445346

1,79361929374

21264

33,24469814439894079330968

2918714

2,1345,873

2741,5451,184

67083

515378

Totalresources

6742,4577,3781,533

5451,1081,7584,5081,818

952695668554

145,0311,227

6841,2833,6642,9771,285

389943250156

8,31125,209

8654,0475,2182,406

3511,2511,009

Capitalstock

5534075512575

10025047522550

10010075

12,42550

10012534527514050

1055035

1,0151,350

110350870125507550

Surplus andundivided

profits

5420239715025

15182

36219780

1114349

5,955363733

297270803639142

603519104493436151

28153

Circulation

55

49?

2149

18512012540752375

4,2776

9995

1859035495534

70674364

290332109122325

Totaldeposits

5101 8855,7221,258

424807

1,2413,5451,271

780359501332

121,6671,135

4461,0302,8382,3391,030

254744152104

5,98122,204

6872,8983,3452,020

2861,072

878

Bills payableand redis-

counts

307

50

2388

15

235

1

o

3fed

o

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Page 579: Annual Report of the Comptroller of the Currency 1925

Franklin...FreestoneFrio »Galveston _._GarzaGoliad__GonzalesGray _Grayson.. _. _Gregg.Grimes.. _GuadalupeHaleHallHamilton _HansfordHardemanHardin _Harris _ ._Harrison _ __HartleyHaskell .___HaysHemphillHenderson _ _Hidalgo _HillHood..Hopkins.. _ _HoustonHowardHuntIrionJackJasper _ _.JeffersonJohnsonJonesKarnesKaufmanKent _„ _KimbleKnox _LamarLamb _Lampasas.---.-. _LaSalle _ _LavacaLeeLeon.LibertyLimestoneLipscomb -

4381,056374

21,300416336706450

8,091746

1,106490

1,708872750215

1,227247

77,7202,058

73378331440976

1,1173,132622

1,5701,1001,6934,709182905207

15,2171,405899

1,4975,365183170873

3,88030731293920191144141

2,014520

57149140

5,281528311610

3,6003431822614012939726992

20,1901,28848601667815522974918817654143815103162

4,418273187168

1,00315382

1,0831

155984321213637

1,46026

199538183

7,851201117578234

3,444369633268

1,60686265239

1,070132

34,2361,008

15382469181286668

1, 538208333350741

1,8538831487

7,257703

1,419862

1,33810240501

1,7111303351435571345261

3,729407

7531,837730

35,599746570

1,568751

15,8771,5842,083836

3,6382,0341,937282

2,466560

138,8234,548142861

1,014811

1,5032,2075,6911,1202,1631,5282,7007,748284

1,614315

27, 5892,7302,6222,6628,140337222

1,6227,319163

1,320553

1,986460244272

7.4071,035

200135100

1,875506015075

1,680160250752001753102517560

7,9753002590902001752756301752001251507452522525

1,37543019032590040401407772512575110602525425100

5522039811887313639

1,3108328349114161238251841

6,254335

68715810322682132385247258665609322

1,706185193187

1,06322141374683878112467267

27632

415899

1,34950491006

1,12760114191209650

5049

3,456197

639024621494771751246

1144936

168

56019310711778310

66455

25599915256

24020

4571,424490

31,339608397

1,166• 631

11,6191,2501,436693

3,2041,6021,339229

2,065460

119,9313,652117650763627

1,1631,7513,900639

1,4541,1302,1785,850191

1,128267

23,8981,8462,1312,0005,144265155

1,2785,619135

1,070338

1,652319168231

6,449882

16

30

30025

10

20

377

31250

12

13

3161

Hrf

8wHo

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••tiH

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Page 580: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 63.—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State, by

Federal reserve districts, April 6, 1925—Continued

FEDERAL RESERVE DISTRICT NO. 11—Continued

[Amounts in thousands of dollars]

States and countiesNum-ber ofbanks

Loans anddiscounts

Bonds andsecurities

Due frombanks, in-

cluding law-ful reserveand cash in

vault

Totalresources

Capitalstock

Surplus andundivided

profitsCirculation Total

depositsBills payable

and redis-counts

w

oH

oo

10 310 w

o

~ §

'V. H

« u

TEXAS—continued

LlanoLubbockLynnMcCullockMcLennonMadisonMarionMartin.MasonMatagordaMaverickMedinaMenardMidlandMilanMillsMitchellMontagueMorrisMotley. _NacogedochesNavarro _.NolanNueces __ _.OchiltreeOrangePalo PintoPanolaParkerPecos ._Polk.- . " "PotterPresidio _Bains

111212122111322412731112252261212311

120617317703

14,935228354216125554

1,208448617673

1,77036

1,0421,53632284618

7,873717

4,163330

3,7071,229164930352482

5,135322125

5310316168

3,90015885539958213545736921961882431

1543,039103

1,6466734533342710372383212034

105261410477

6,6832972

27580

2761,604

36386

2231,041

77834

1,305170244264

3,2101,161.2,855*

1481,73338314660328303

2,69777125

3061,075774

1,45326,618

297544669297966

3,7691,243775

1,0093,663126

2,0773,148794343

1,07814,6712,0368,951587

2,225390

2,342439830

9,340546295

7510050230

2,28050555050100150125125175300251603551303075

1,285180625553003355020050755507025

14855178

1,3681250944522342831081362925

210249919

1091,149

4927247356762515936713417849

251250

1,9041227502525100124

65215

4011096

25868

10087410212199251346870

230902656995

21,005197403375171820

3,029903485634

2,83196

1,6672,434476304869

11,3351,8077,860477

5,1971,711303

1,783329671

7,979328213

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 581: Annual Report of the Comptroller of the Currency 1925

RandallRed River . -ReevesRefugioRobstown _ _ __ .,RockwallRunnelsRusk .SabineSan Augustine _ .San Patricio _ .San SabaSchlichsr _ __ . . _Scurry •_ShacklefordShermanSmithSomervellStarrStephens _ __ __ - __ _SterlingStonewallSuttonSwisherTarrant ._.TaylorTerry _ _ThrockmortonTitus _.Tom GreenTravis _TrinityUpshurUvaldeValverdeVan Zandt ._VictoriaWalker ._ __WashingtonWebbWhartonWheelerWhichitaWelbergerWilliamsonWilsonWiseWood_ .Young

Total..

171212421143122121 '1212119311234222262121127283754

579

2972,689

18967020441989475225520355674727767377685

1,76425077

2,631206278499310

43,7323,708

167163570

3,91016,211

764634987

2,1231,4422,139

2321,9872,228

484528

19,1001,4213,281

6401,4751,1531,283

534,929

562355441797141

1811261821482388

2701

4183512

1861827

12653

11,0111,050

213262;

1,1372,820

9690

13627415596526597624510612

4,899146677148249248568

144, 939

9251611215317324174840260

13415319459

441725

545223421

2,16475

130168

22,2602,665

19425380

1,7913,717

262356

96341473612197616637251174

8,3891,4171,617

570640515

1,570

252,083

5273,633

372873466789

1,7821,405

468447766

1,083368

1,4011,855

1453,101

324119

5,381319458808563

81,2667,693

383580779

7,21823,275

1,1741,1481,3462,9052,1893,794

7153,8043,208

876760

34,0493,0885,8251,4052,5191,9433,664

982, 076

5067350

12550

1002001502565

13718675

16015525

2752525

2256050

10050

4,1254505075

10085074015015020025031555050

25020010050

2, 750225620125285295250

77,312

130656295736

107129265

61534291654

52059

1327859

13260

3,305242

134039

8741,541

13767

14916219326127

27632411997

1,28325449390

146287160

55,163

5012750

506225

15024161239207483

2086

1010158

7050

2,041155

4949

6817206175

10917295

49349

249197100

81,920

12330310613412093

40, 073

4142,481

216705

* 309590

1,450976394361537725231

1,0761,552

1162,098

23474

5,014166342500402

70,5776,846

320416484

4, 71720,252

823857811

1,9931,5862,490

5882,9302,480

555606

27,9982,4874,4071,0841,9501,2113,161

802, 301

46

14

1777

10

19

10795

70322

80

50

530

2,649

3W

O

H

BoohjHWO

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Page 582: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 63.-—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State, byFederal reserve districts, April 6, 1925—Continued

FEDERAL RESERVE DISTRICT NO. 12

[Amounts in thousands of dollarsl

States and counties

ARIZONA

CoconinoMaricopa .NavajoPmaL..Yuma

Total

CALIFORNIA

AlamedaButte .Contra Costa __ .El Dorado _._Fresno-GlennHumboldt . . .ImperialInyoKern_ _Kings.. _.-LassenLos Angeles _ - _Madera _MarinMendocinoMerced -Modoc.MontereyNapa___ _Nevada. - -Orange___ _ ;Placer -.

Num-ber ofbanks

16222

13

8271

152321441

6931311131

162

Loans anddiscounts

2027,127

360169

1,472

9,330

19,0631,9441,268

1095,264

5552,8071,883

5381,1042,990

206223,228

1,035155

1,3681,102

481998

2,21075

13,237403

Bonds andsecurities

1371,922

190107380

2,736

7,5401,1101,241

2461,824

4081,670

274105519919640

68,17128478

1,163147181211

1,843226

4,174268

Due frombanks, in-

cluding law-ful reserve

and cash invault

2662,963

17473

187

3,a63

6,22539741737

1,21513455072414128153671

82,02720193

2788875

228441169

2,755155

Totalresources

64313,125

756380

2,447

17,351

33,7843,7143,118

4059,1421,1345,1013,244

7932,3244,830

921386,549

1,767339

2,9211,431

7951,5844,630

49921,172

882

Capitalstock

507507550

200

1,125

2,22520037550

99912541035050

25032550

21,01217550

25010085

10022550

1,675100

Surplus andundivided

profits

2315

3

48

368

1,6471406114

29054

5781992332

29623

14,177534

94274265

1865

1,13436

Circulation

48162602498

392

1,61562

29748

60574

37182

18393

8,2995038

124

8524

17550

99475

Totaldeposits

53411,863

599286

1,818

15,100

28,1093,3102,355

2936,830

8813,7292,562

6281,7963,818

848337,172

1,390248

2,3981,100

5821,3944,012

39416,890

631

Bills payableand redis-

counts

1820

283

321

19

30

407

13514263

298

1,17170

54205

30

47640

Or

ls

o8

§io

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Page 583: Annual Report of the Comptroller of the Currency 1925

Riverside ._SacramentoSanBenitoSan Bernardino.San DiegoSan Francisco--San JoaquinSan Luisobispo..San MateoSanta Barbara..Santa ClaraSanta CruzShastaSiskiyouSolanoSonoma..-StanislausSutter..Tehama... ,_..Tulare... ,TuolumneVenturaYolo... _..Yuma. -

Total

AdaBannock. _.Benewah...

- Birigham--.BlaineBonnerBonneville.Boundary..CamasCanyonCassiaClark.CusterElmoreFranklin....FremontGemGooding___.IdahoJeffersonJeromeKootenai—_.

134114556143652378611112121

263

3411222115211112132121

5,92919,553

2937,53812,892169,5574,028441

1,7596,5506,9983,7021,119923

2,6614,7342,4501,010569

4,8831,656978991342

543, 569

7,7582,128322570470

1,1701,044271181

1,6584301489139041050513937054892458639

3,21610,197

2523,8916,54060,7872,778

671,3092,0615,7322,096723

1,3823,1981,73573385326

1,320993408199578

203,848

3,2116551331041434655791031

5842424326111561047019313352153282

2,5767,485106

2,2933,61156, 9991,191

85633

1,4501,4121,1153126837477786759397

1,00175916512187

181, 712

3,379544133101120260335376

63116613428233585110620324195179

12,18639,326

69414,89024,645313,1418,313649

3,76310, 60714,6907,2592,2913,0266,8917,6744,1771,2201,0527,7843,4861,6761,4031,022

982,444

15,1043,504601858804

1,9382,203469207

3,107897220164625529748268729947203919

1,167

9752,200100875

1,50019,500

8251003256508255502001255509754006010067517530027550

61, 531

850300252510010025025253251002525100507530907540100100

5512,059148849

1.00622,563

882213556819246341121584115302208928488138799843

52, 277

6302351052416053168952853508612135

6215

5351,888100765244

9,159555501494445012731989836959614125892541751606924

30,205

840122521692512424

79

25

252554

4675

48100

9,98533,077

32711,76021, 574247,0285,937472

2,9218,80412, 2275,8021,7812,6065,3925,1203,2851,007762

5,8452 9981,025834905

812,844

12,7532,958535602580

1,7491,595404138

2,529769119136450358502237572761149708952

140

20104

3,344113

10 HT3

155 C

"" "" H38 o157 S368110 1-350 tt73 £

521O

80 O126 g

M

8,378 £

" "15Q 215 ^

H3182 W

3563 O

H46 §

_ . fcrj87 £}112 C

13

Cn

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 584: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 63.—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State, byFederal reserve districts, April 6, 1925—Continued

FEDERAL RESERVE DISTRICT NO. 12—Continued

[Amounts in thousands of dollars]

States and counties

IDAHO—continuedLatahLemhiLincolnMinidokaNez Perce _.OneidaPayetteShoshone _TetonTwin Falls

Total

NEVADA

ElkoEureka __TTnmboldtNyePershingWashoe.White Pine ._

TotaL- _

OEEGON

BakerBentonClackamasClatsop _Columbia -._

Num-ber ofbanks

1121211314

: 57

11

; I

: 23

10

31323

Loans anddiscounts

64524126141

3,945216250

1,918231

1,638

29,178

630337

1,847466353

3,8221,300

8,755

1,800658476

1,957525

Bonds andsecurities

17116618414

57770

14388742

404

10,101

480100148151107

2,788947

4,721

885569665579414

Due frombanks, in-

cluding law-ful reserveand cash in

vault

16660

14120

8353784

80210

392

9,245

25177

300218168

1,301400

2,715

1,380332355485151

Totalresources

1,06657061386

5,580344577

3,732378

2,857

52,014

1,427525

2,591878663

8,4302,671

17,185

4,1861,7041,5433,3061,153

Capitalstock

501007025

2003080

15050

325

3,915

10025

10010060

900100

1,385

32550

100300

75

Surplus andundivided

profits

43

407

24927

99

87

1,986

13517

2015032

24391

769

215108399622

Circulation

209969

1972859

1172599

2,330

100

822532

84893

1,180

13348388850

Totaldeposits

952281433

544,934

250334

3,366154

2,122

42,436

1,092483

2,208703539

6,4102,387

13, 822

3,4781,4891,3612,441

965

Bills payableand redis-

counts

90

864

150223

1,238

7

535641

oo

owH

Ofed1-3

wooK

o

a

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 585: Annual Report of the Comptroller of the Currency 1925

Coos ,CrookDeschutesDouglasGilliamGrantHarneyHood RiverJacksonJeffersonJosephineKlamathLakeLaneLincolnLinnMalheurMarion...MorrowMultnomahPolkTillamookUrnatillaUnion -WallowaWaseo - .WashingtonYamhill..

Total

UTAH

Box ElderCache.Carbon .Davis.--. _GrandJuabMorganSalt Lake _.SummitUtahWeber....

Total

4223222131134415372832542236

99

12111216213

21

1,470480

1,3021,183756240602554

1,87454458

2,1391,3233,196142

1,650790

2,239754

48,869542

1,1056,0112,554608

1,715936

2,282

91,244

1,1331,237620307160965156

19, 924893194

5,253

30,842

1,103942548129982307345

1,72023614876472

1,91959535306

2,04597

34,971361280

1,160846198866510

1,352

55,418

41394190425824351

8,02935727

2,212

11,644

75429521950911615625018275625149

1,171360

1,15595379223990124

21,079300265989607122366411520

35,270

122156185494112129

8,41522255

2,150

11, 545

3,679939

1,9612,6181,110489

1,2041,1534,623116

1,2504,3492,3006,673313

2,8291,5015,6011,084

110, 5791,3261,6838,4554,3271,0243,1142,0064,331

192,529

1,3831,8981,030408296

1,355248

37,9371,496285

10,445

56, 781

30010012517512565100100300255032526527525285160365150

7,19411075675375100260135300

13,389

10012550255010025

2,10010025850

3,550

1275935127621611630119

79601743933928521158

3,946747781612972179112329

8,060

4937641129417

1,39032-7

300

2,066

1603224925683

297

5022585217

165731522413552

34335937100110270

3,399

2012249254910024

1,4127525768

2,669

3,089759

1,6922,185841402822

1,0233, 907

911,0723,7311, 7045,755286

2,2291,1844,860743

97,3751,0901,4485,7873,464790

2,4061,6443,424

163, 537

1,2591,548856316186912165

32, 5711,285229

8, 315

47, 642

14858057

84

64

55

13108

1,618

84803

25145

3, 644

9

14316

400

568

iH

OH

in

Io

Eo

ISodw

3o

CD

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 586: Annual Report of the Comptroller of the Currency 1925

TABLE N O . 63,—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each Stale, byFederal reserve districts, April 6, 1925—Continued

FEDERAL RESERVE DISTRICT NO. 12

[Amounts in thousands of dollars]

States and counties

WASHINGTONAdams , . . . .Ben tonChelan ' . . .Clallam...Clarke,., _ColumbiaCowlitz . .Franklin -Q a r f i e l d . • • • . . •GrantOf ays Harbor - . .JeffersonKing .KitSapKittitas. .KlickitatLdWifeLincoln .. _ _Ok&nogan • • *..PacificPierce9k&gitSnohornishSpokaneett0VHilSThurstonWo-iift WallaWliHtcomWhitman"Yafcima

Total

Num-ber ofbanks

311132211141

1723114423768224699

111

Loans anddiscounts

772322

1,266564

1,6401,173

89530920663

2,093410

63,836555

1,162233372

1,825621569

12,5942,0137,977

28,523751

2,6154,9475,2514, 2835,161

153,001

Bonds andsecurities

194109206452

1,9423455611805853

3,082973

40,59096692949

528197359456

7,0741,7554,2307,374

307800

2,2235,061

8221,716

83, 571

Due frombanks, in-

cluding law-ful reserveand cash in

vault

13594

342204953293688763416

864153

31,08522941645

194277235250

4,082744

2,5027,595

1711,4771,5232,453

7141,935

59,826

Totalresources

1,221571

1,9701,2674,8441,8522,336

598321138

6,1881,573

141,3831,8062,661

3401,1282,4611,3641,308

25,0124,892

15,33845,5971,3065,2589,250

13,3286,1109,878

311,096

Capitalstock

18550

10075

250200225

506025

27575

6,4001252005050

220150125

1,325300775

3,00085

200450975625875

17,490

Surplus and-undivided

profits

568

5820

123207

6110101

32553

4,86740595

56663029

60610730482625

275685651132364

10,049

Circulation

702550

6250114504920

13213

3,35620

132

35249750

671129194

2,67784

100244198408194

9,392

Totaldeposits

855488

1,7621,1604,2121,2961,633

464236112

5,4461,424

125,0531,6132,236

285988

1,9681,0451,099

22,3624,146

14,02138,3991,1104,6817,824

11,3744,8528,387

270,831

Bills payableand redis-

counts

29

93067

5

5

39

28

19343

6

413

4291

1,000

06O

3

H3

H

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 587: Annual Report of the Comptroller of the Currency 1925

TABLE 63.—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State, byFederal reserve districts, April 6, I92h—Continued

RECAPITULATION BY FEDEBAL RESERVE DISTRICTS[Amounts in thousands of dollars]

States and Federal reserve districts

DISTRICT NO. 1

MaineNew Hampshire.VermontMassachusettsRhode IslandConnecticut

Total

DISTRICT NO. 2

Connecticut . -New York _New Jersey

Total ._ - . -

DISTRICT NO. 3

PennsylvaniaNew JerseyDelaware

Total

DISTRICT NO. 4

Pennsylvania _Ohio.West VirginiaK e n t u c k y . . . .

To ta l

N u m -ber ofb a n k s

585446

1561751

382

11533170

714

5618818

667

305357

1178

751

Loans anddiscounts

63,04735,20731,330

768,44140,883

120,660

1,059,568

26,2902, 624,526

272,129

2, 922,945

916,835109,891

10, 559

1, 037,285

469, 382489, 834

13, 76167, 696

Bonds andsecurities

56,93025,08422, 742

259, 75326, 07048,188

438, 767

20,3271,430,855

238,354

1,689,536

570,35466,0489,472

645,874

411,769249,670

7,06118,422

1,040,873 j 636,922

Due frombanks, in-

cluding law-ful reserveand cash in

vault

13,76610,0985,786

177,9709,604

30,014

247,238

7,4421,070, 423

64,351

1,142,216

284,87923, 7172,125

310, 721

161,221131, 924

3,26014, 629

311, 034

Totalresources

137,17173,20661,643

1,323, 38278, 223

209,809

1,883,434

56,9375,490,179

594,887

6,142,003

1, 840, 229208, 207

22, 977

2,071,413

1,090,555912, 23825,049

105, 772

2,133, 614

Capitalstock

7,3705,2405,060

73,0176,320

16,460

113, 467

3,533242,03030,241

Surplus andundivided

profits i

10,0337,6765,051

89, 5239,395

21,225

142,903

4,851420,87536> 107

275,804 | 461,833

87,3749,6971,735

98,806

54,96562,2801, 6708,970

127,885

188, 69517, 6793,039

209,413

96,28869, 224

1,9208,131

175, 563

Circulation

5,5784,6324,318

19,1434,7107,961

46,342

2,02265, 06614, 658

81, 746

47, 9326,1941,137

65,263

33,28941,129

1,6347,846

Totaldeposits

111, 63852,69745,150

1,038, 50156, 319

161,354

1,465, 659

45,2764,415, 773

503, 662

4,964,711

1,468, 095164, 66916, 605

1, 649, 369

888, 971702, 59518, 77877, 450

83,898 | 1,687,794

Bills payableand redis-

counts

2,0662,7931,816

44,391803

1,712

53, 581

871162, 931

6,663

170,465

24,838,881

426

34,244

11,00724, 3141,0052,719

39,045

I3W

O

o

o

1 Exclusive of reserve for taxes, interest, etc., accrued.

lo

Of00

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 588: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 63.—Principal items of resources and liabilities of national banks, arranged alphabetically by counties in each State,Federal reserve districts, April 6, 1925—Continued

RECAPITULATION BY FEDERAL RESERVE DISTRICTS—Continued

[Amounts in thousands of dollars]

Or00

States and Federal reserve districts

DISTRICT NO. 5

MarylandDistrict of ColumbiaVirginia. _..North CarolinaSouth CarolinaWest Virginia

Total

DISTRICT NO. 6

AlabamaFloridaGeorgiaLouisianaMississippiTennessee

Total

DISTRICT NO. 7

Illinois _Indiana _Iowa.MichiganWisconsin

Total

DISTRICT NO. 8

ArkansasIllinois _Indiana.

Num-ber ofbanks

8413

1828474

112

549

1025691192390

381

330189341

85111

1,056

87171246

Loans anddiscounts

145,91474,027

272,241128, 71781,641

114,412

816,952

99, 618125, 921128,49646,89534,163

126,989

562,082

847,940179, 286244,204240,236223, 392

1, 735,058

54,13480,19138, 280

Bonds andsecurities

81,11735,45454,50520, 86117,93428,931

238,802

32,84856,85521,9368,330

14,96423,972

158,905

26a, 96177,39675,859

103, 68977,171

598,076

16,81660,95822,262

Due frombanks, in-cluding law-ful reserve

and cash invault

45,92527,01860,92730,47622, 72023,576

210,642

35,93782,78147,33414,02912,43636,803

229,320

320,02153,69570,79072,67261,727

578,905

25,54527,18011,345 1

Totalresources

283,922147,435407,207192,419132,841175,193

1,339,017

175,471272,083209,196

75, 82663,866

196,619

993,061

1,491,698328,100414,165437, 687378,067

3,049,717

100,615175, 58775,099

Capitalstock

17,0299,327

30,3.2214,06611,17511, 691

93,610

13, 07010,33016,1405,3753,450

15,117

63,482

82,86326,34326,44322,20223,420

181,271

7,93011,0905,605

Surplus andundivided

profits

23, 6168,431

32,48312, 2257,537

14, 582

98,874

13,2577,840

15,5004,3053,206

11,027

55,135

84,40320,00417,67523,06819,148

164, 298

5,46210, 2763,787

Circulation

9,3884,491

19,6839,5236,5948, 705

58,384

9,2275,2218,4962,4971,988

12,291

39,720

22,32420,85417,66410,67012,085

83, 597

3,7518,2124,464

Totaldeposits

227,303122,390301, 223141, 379101, 915134, 223

1,028,433

136, 918246,867163, 71856, 95954, 259

153,838

812,559

1,248,231249,645343,289377,276315,730

2, 534,171

82, 543143,26359,614

oBills payable *and redis- "

counts Q

w4,141) _

1,728 517,153 210,851 &3,121 hj4,877 H

41,879 Cj

2,065 £162 _

3,843 24,528 ^

568 | j2,812 Q

13,976 M

31,904 g7,917 g7,188 S2,277 24,666 g

53,952

681,994

782

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 589: Annual Report of the Comptroller of the Currency 1925

3

Kentucky...Mississippi.MissouriTennessee...

Total.

DISTRICT NO. 9

MichiganMinnesotaMontanaNorth Dakota.South Dakota-Wisconsin

COCO Total

DISTRICT NO. 10

ColoradoKansasNebraskaWyomingMissouriNew Mexico .Oklahoma

Total

DISTRICT NO. 11

TexasArizonaLouisianaNew Mexico.Oklahoma...

Total

DISTRICT NO. 12

CaliforniaIdaho..NevadaOregonUtahWashington-Arizona

Total

Grand total | 8,010

61138815

492

393278516111347

772

137256172324311

372

1,023

5795142229

649

2635710992111113

574

8,010

106, 02210, 524

235, 87118, 491

543, 513

30,163355,85939, 55953, 30947, 73931,044

557, 673

132, 777125,473147,49322,493117,1345,316

186,309

736,995

534,9295,55629,11210,4776,451

586, 525

543, 56929,1788,755

91, 24430, 842153, 0019,330

865, 919

12, 465,188

32,1933,64476,3174,934

217,124

27,031162, 04220, 50527, 38318, 22115, 260

270, 442

76,71745, 86237,8428,13131,2092,150

73, 442

275, 353

144,9391,750

» 5,2132,4842, 282

156, 668

203,84810,1014,721

55, 41811, 64483, 5712,736

372, 039

5, 748, 508

31,2482,67885,4618,368

191,825

9,275122, 507

1 18,15018, 84118, 7999,438

197,010

67, 77759,42558, 3069,21357, 7941,421

115,053

368, 989

252,0832,57110, 5534,6252,118

271, 950

181, 7129,2452,71535,27011, 54559, 8263,663

303, 976

4, 363, 826

173, 50217, 633

409, 62033, 337

985, 393

68, 763669, 91782, 800106, 73489,91658,077

1,076, 207

285, 785243, 598256, 96841, 905210,8039,470

396, 590

1,445,119

982,07610,72847,89619,03612,078

1,071,814

982, 44452,01417,185

192, 52956, 781

311, 09617, 351

1,629, 400

23, 820,192

9,6011,835

31, 7062,239

70,006

3,62538,3335,7856,4905,1703,620

63,023

12,86517,65816,3702,72510,090

75026,230

86,688

77,312375

3,5001,5601,470

84, 217

61,5313,9151,38513, 3893,55017,4901,125

102, 385

1, 3&}, 644

11,939921

18,1111,894

52,390

3,76728, 4843,5293,6733,0702,662

45,185

12,29711,21611,3742,1348,998397

9,806

56,222

55,163669

1,876678371

58, 757

52, 2771,986769

8,0602,06610,049

368

75, 575

1, 596,148

7,953904

13, 322960

39, 566

2,88714,8282,4754,3372,9392,269

29,735

5,5399,9568,4251,7283,696431

8,278

38,053

40,073175

1,579898363

43, 088

30,'2052,3301,1803,3992,6699,392392

49, 567

648, 959

140, 37712, 712340,92328,038

807,470

57,968581,23770,39491, 53977,03149,165

927, 334

253,283203,028216, 31335,194186, 3557,740

350, 278

1, 252,191

802, 3019,30339,86515,8449,612

876, 925

812, 84442, 43613, 822163, 53747, 642270, 83115,100

1, 366, 212

19, 372, 828

1,9861,1612,028

63

8,701

702,088510589

1,610173

5,040

1,112587

3,112102682146

1,017

6,758

2,649

11629211

3,005

8,3781,238

3, 644568

1,000321

15,149

445, 795

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 590: Annual Report of the Comptroller of the Currency 1925

584 REPORT OF THE COMPTROLLER. OP THE CURRENCY

TABLE NO. 64.—Abstract of reports of savings and State banks in the District ofColumbia at date of each report during year ended September 28, 1925

[In thousands of dollars]

Dec. 31,1924

24 banks

Apr. 6,1925

24 banks

June 30,1925

24 banks

Sept. 28,1925

24 banks

• RESOURCES

Loans and discounts (including rediscounts)OverdraftsUnited States Government securitiesOther bonds, stocks, securities, etc _._Banking house, .furniture, and fixturesOther real estate ownedCash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

paniesExchanges for clearing houseChecks on other banks in the same placeOutside checks and other cash items __.Other assets _.

Total .

LIABILITIES

Capital stock paid in _Surplus fundAll other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accruedAmount due to national banksAmount due to State banks, bankers, and trust com-

paniesCertified checks outstandingCashier's checks outstandingD em and deposits _,Time deposits (including postal-savings deposits)United States depositsBills payable (including all obligations representing

money borrowed other than rediscounts)Notes and bills rediscountedLiabilities other than those above stated

Total.

24,05714

6455,4002,232

1562,753

218338

36, 253

2,3401,306

4545487

4359

10314,33716,777

7

519

167

36, 253

24,46117

6515,7252,175

1863,767

3704332

319

38, 044

2,4501,403

5106177

333552

13,90919,046

83

38,044

25, 66310

505"5,9472,145

1702,752

365308

8060

228

38, 233

2,5511,454

4695483

28" 55'165

13,47419. 374

4911916

26, 6971.1

5115,8102,206

1663,010

3721846028

162

39,217

2,5541,460

66073

4891

13,81319,877

4473316

39, 217

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 591: Annual Report of the Comptroller of the Currency 1925

REPORT OP THE COMPTROLLER OF THE CURRENCY 585

TABLE NO. 65.—Abstract of reports of loan and trust companies in the District ofColumbia at date of each report during year ended September 28, 1925

[In thousands of dollars]

RESOURCES

Loans and discounts (including rediscounts)--OverdraftsCustomer's liability account of" acceptances"___ _.United States Government securities __ _.Other bonds, stocks, securities, etcBa nking house, furniture, and fixtures__Other real estate ownedLawful reserve with Federal reserve bankItems with Federal reserve bank in process of collection.Cash in vault and amount due from national banksAmount due from State banks, bankers, and trust com-

panies _Exchanges for clearing houseChecks on other banks in the same placeOutside cheeks and other cash items ._.Redemption fund and due from United States Treasurer.Other assets. _ ._

Total _

LIABILITIES

Capital stock paid in._Surplus fund _.All other undivided profits, less expenses and taxes paid.Reserved for taxes, interest, etc., accrued. _Amount due to national banksAmount due to State banks, bankers, and trust com-

panies ___„Certified checks outstandingCashier's checks outstandingDemand deposits __.Time deposits (including postal savings deposits) __.United States depositsAgreements to repurchase United States Government

or other securities soldBills payable (including all obligations representing

money borrowed other than rediscounts)Letters of credit and travelers' checks sold for cash

and outstanding.__Acceptances executed by other banks for account of this

bank.Liabilities other than those above stated _.

Total.

Dec. 31,1924

7 banks

52,0231148

6,20315, 5228,421

39417229

6,188

4,8981,471

335473

5594

96, 787

11,4006,5002,910

432352

1,84163

25346, 28125,273

42

405

7

48980

96, 787

Apr. 6,1925

7 banks

June 30,1925

7 banks

55,28417

1656,226

16, 4268,349

39521933

7,328

3,845522100603

542

100,054

11, 4006,5002,955

491360

2,46298

22948,16526,068

44

205

7

165905

100,054

54,27432

,-iai6,083

16, 8338,246

401144

86,671

2,9502,170

798311

1746

99, 665

11, 4006,5003,155

305709

2,584* 272

36746, 57526, 228

8

5

500

34

197826

99, 665

Sept. 28,1925

7 banks

54, 97421

2016,047

16? 1668, 478

401

5,648

3;055478240

643

97, 260

11, 4006,6503,191

413374

90386

17945,97026,378

5

700

27

201783

97,260

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Page 592: Annual Report of the Comptroller of the Currency 1925

TABLE 66.-—Principal items of resources and liabilities of each savings and State bank in the District of Columbia, September 28, 1925

[ Amounts in even dollars]

O\00

Title President CashierLoans, dis-counts, andoverdrafts

United StatesGovernment

securities

Other bonds,investments,

and realestate

Cash andexchange

oPiH

oo

o

E

3ocj

Anacostia Bank.Bank of Commerce and SavingsBank of Brightwood -Central Savings Bank.__Chevy Chase Savings Bank _ _._Citizens Savings BankDepartmental Bank__ .._East Washington Savings Bank._ _Industrial Savings Bank _._ _International Exchange Bank___McLachlen Banking CorporationMorris Plan Savings BankMount Vernon Savings Bank . .North Capitol Savings BankNortheast Savings BankPark Savings Bank ._Potomac Savings B a n k . . . _ _Prudential Bank __Secuiity Savings and Commercial BankSeventh Street Sayings Bank. .United States Savings BankWashington Mechanic's Savings Bank__Washington Savings Bank.Woodridge-Langdon Savings and Commercial Bank.

Maurice Otterback..M. D. Rosenburg...R. L. Schreiner.Francis M. Savage..F. E. Farrington....L. E. Breuninger....J. T. ExniciousJohnC. Yost.Walters. Carter....J. Schiavone.

W. L. KoontzJohn M. Riordan..R. L. SchreinerFranklin F. Kidd.J. Ezra TrothFernand PetitH. C. Bock.Chas. A. McCarthy..W. A. Bowie

L. P. McLachlenWallace D. McLean.Wm. MuehleisenTheodore MichaelL. P. StewartT. SomervilleH. W. Offutt..John R. HawkinsJ . I . PeyserS. R. Waters ._Wade H. CooperEzra GouldThos. E. JarrellA. S.Henderson

J. A. MassieL. F. FergusonWm. R. Baum __E. S. BurgessW. R. LewisR. S. Stunz :B. A. BowlesE. A. Baker.S. R. BaulsirJ. D. HowardWm. R. De Lashmutt.R. H. BagbyJ. D. LeonardEppa L. Norris

918,0611,100,745

356,143309,814288, 551

1,168,065521,026879,050189,407

816,342579,382

2,797,1341,054,022

554,3262,390,5802,966,312

111, 3493,954,0381,499,8251,652,1131,354,525

515,187263,308

129,897400

15,806

27,76810,0002,150

6,900

8,100388

126,513

31,29752,875

850

98,724

258,576266,012123,95736,986135,049274,484120,086270,045261, 369272, 207936, 50818,914804,373305,088769,475329,368588, 211148,456859, 214132,161679,550200,607248,525142,813

81, 229372,71427,99912,28763, 288

133, 04539, 51339, 63070, 85773,143

141, 80590, 921

271, 989189, 950125, 388293, 693420, 50244,153

389, 681173, 022229,067235, 29169,80864,373

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Page 593: Annual Report of the Comptroller of the Currency 1925

Title

Anacostia BankBank of Commerce and SavingsBank of Brightwood _Central Savings BankChevy Chase Savings BankCitizens Savings BankDepartmental BankEast Washington Savings Bank _•_Industrial Savings BankInternational Exchange BankMcLachlin Banking CorporationMorris Plan Savings BankMount Vernon Savings BankNorth Capitol Savings BankNortheast Savings Bank.*Park Savings BankPotomac Savings BankPrudential BankSecurity Savings and Commercial BankSeventh Street Savings BankUnited States Savings BankWashington Mechanic's Savings BankWashington Savings BankWoodridge-Langdon Savings and Commercial Bank .

Otherassets

6,6524,673

154584203

59, 227

6,10019, 995

2,04760,855

Totalresources

andliabilities

1,257,8661,869,367

515,152363, 761502, 849

1, 576,178708, 596

1,1-98, 724523, 783873,515

1,901, 553695,317

3,893,4911, 557,1601,449, 5773,140,1543,975,433

337,3015,316, 6631,805,8592, 560, 7291,890,036

833, 520470,496

Capital

50, 000100, 000100, 000200, 000

50, 000200, 000103,920100,00049,421

103, 630150, 000200, 000160, 000

90, 000100,00050, 000

100, 00047,664

200,000100, 000100, 00050,000

100, 00050,000

Surplusand

undividedprofits

91,252134, 76320, 35361,98015, 84595,14544,904109, 55112, 83120,018157,96664,415124,03460, 56052,133195, 208155,458

800243,828113, 837222, 60662, 77728,46831,330

Due tobanks

2,47734,2966,0645,0008,2388,6772,893

2,03822,06814,496

40,0812,2851,6867,99814,6841,03615,9504,64238, 77219,1513, 27527,802

Demanddeposits

(includingUnitedStates)

359,897710, 579147, 901

247,380706, 926113, 240

155,429335, 523

1,051,638

1, 595,958569,188364,991

1, 248,9121,444, 902120,330

2, 230, 532730, 092644, 057577, 238272, 045186,433

Timedeposits

746, 240886, 999215,07291,482181,386561,768408, 257989,173304,064357,713527,456421, 255

1,888,333835,128930,766

1,558, 0362,215, 389142,472

2,617, 601857, 287

1,405,2951,180, 869380,033174,931

Otherliabilities

"2,"033 g298 g

117." o12,382 kj

"l,"l66 MM

OO

::::::: ghj

3O

1-3

wtel

o

AO

j

00

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Page 594: Annual Report of the Comptroller of the Currency 1925

TABLE NO. 67.—Principal items of resources and liabilities of eacH loan and trust company in the District of Columbia, September 28, 1925

[Amounts in even dollars]

0000

Title

American Security & Trust Co.Continental Trust CoMerchants Bank & Trust Co . . .Munsey Trust Co _National Savings & Trust Co . . .Union Trust CoWashington Loan & Trust Co. .

President

Chas. J. BellWadeH. Cooper...Peter A. DruryFrank A. Munsey.Wm. D.Hoover._.E. J. Stellwagen....J. B. Lamer

Treasurer

C. E. Howe..H. W. Barr_E. J. EmrichC.H. PopeC. C. Larnborn..E.B.OldsHarry G. Meem.

Loans, dis-counts, andoverdrafts

17,847, 0352, 182, 8255, 979, 3364, 892, 6379, 684, 5453, 740, 084

10, 667, 938

UnitedStates

Governmentsecurities

4,480,13575,100

155427, 045521,408543, 636

Other bonds,investments,

and realestate

8. 625,0331,338, 5301,515, 6743, 275, 4652,492,4104,182, 8943, 614, 644

Cash andexchange

4.209, 571' 433, 334665,127480, 251

1, 794, 413986, 710

1,759, 490

W

HO

QQ

pj

O

od

1

Title

American Security & Trust Co..Continental Trust Co..."Merchants Bank & Trust Co.._Munsey Trust Co.National Savings & Trust Co. . .Union Trust Co .Washington Loan & Trust Co. .

Other

333,87850,461

130,64725,049

5,68497, 613

Total re-sources andliabilities

35,496,9164, 280,4748,290, 7858, 673, 557

14,398,4219,436,780

16,683,321

Capital

3,400,0001,000,0001,000, 0002,000, 0001,000, 0002, 000, 0001,000, 000

Surplus andundivided

profits

3,305,942169,021284,277674, 429

2,404,017934, 096

2,069, 016

Due tobanks

Demanddeposits (in-

cludingUnitedStates

432, 933233,157265,99992, 35821, 873140, 366355,148

14, 860, 0921,182, 0493,526,1344,144, 7797,951, 6844,458, 7569,846,416

Time de-posits

13,214,2051,486,3012,500, 869934, 443

3, 020, 8471. 861, 6433; 359,313

Other lia-bilities

4, 2812,105

37761,159

15, 000

Ao

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Page 595: Annual Report of the Comptroller of the Currency 1925

REPORT OP THE COMPTROLLER OF THE CURRENCY 589

TABLE NO. 68.—Principal items of resources and liabilities of loan and trustcompanies in the District of Columbia on or about October 1, 1914, to 1925

[For prior years see annual report 1920]

[In thousands of dollars]

Date

1914191519161917 - _1918191919201921 . _192219231924 .1925.

Numberof com-panies

666666666777

Loans anddiscounts 1

23,04324,79627,15028,30230,28039, 27142, 78041,35342, 04948, 55248,7605^, 995

UnitedStates Gov-

ernmentsecurities

7714,9716,2734,2083,4704,6666,3926,1456,047

Cash

1,404837931

1,127977

1,5841,8841,6181,4491,6011, 6421,516

Capital

10,00010,00010,00010,00010,00010,40010,40010,40010,40011,40011,40011,400

Surplus

4,6004,8004,9005,0004,9004,9005,0005,3005,4005,7506,3006,650

Individualdeposits

(time anddemand)2

3 28,150s 29,9723 33,3403 35,366

40,46153,33354,69852,76357,30964,95168,15172,348

1 Includes overdrafts.2 Includes dividends unpaid and postal-savings deposits.3 Includes certified checks and cashiers' checks.

TABLE NO. 69.—Principal items of resources and liabilities of savings and Statebanks in the District of Columbia on or about October 1, 1914f to 1925

[For prior years see annual report 1920]

[In thousands of dollars]

Date

191419151916191719181919 _ _ _ _ .192019211922192319241925 _ - .

Numberof banks

181821222424252729292424

Loans anddiscounts l

9,3329,865

11,11812,17214,36911,89815, 97019,42524, 35522, 70323,07526, 708

UnitedStates Gov-

ernmentsecurities

11

5473,9042,8161,5331,511

9971,040

728511

Cash

448378431578602650791871975896963

1,017

Capital

1,3801,3981,5131,6072,0132,2602,6192,9693,6952,7002,3322,554

Surplus

293262371417553523679859

1,2701,1051,2111,460

Individualdeposits

(time anddemand) 2

3 11,3313 12,1283 14,1433 16,139

22,97921, 22224,12427,96431, 98129,40131,39633,690

1 Includes overdrafts.2 Includes dividends unpaid and postal-savings deposits.3 Includes certified checks and cashiers' checks.

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Page 596: Annual Report of the Comptroller of the Currency 1925

590 REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 70.—Summary of resources and liabilities, receipts and disbursementsof the 24 building and loan associations in the District of Columbia for the sixmonths' period ended on or about December 31, 1924

[In thousands of dollars]

Assets Amount Liabilities Amount

Loans on real estateLoans on stock pledged-_Interest and fines, due and unpaidInstallment on stock due and unpaidReal estate:

Office building .__ 358Other 8

Real estate sold on contractBills receivable. ___:Insurance premiums advancedTaxes advancedFurniture, __ __Cash in hands of treasurerCash in hands of secretaryUnited States securities..Time deposits.. _

Total assets

39,7524204712

366313316722139318230

42,032

Installment dues paid in on stockInstallment dues paid in advanceInstallment dues due and unpaid.Interest due on installment stock.Advance stock... _Advance paymentsSpecial depositsSpecial payments.__ _ __Interest due on special payments.Interest paid in advance ___Bills payableInterest due on bills payableMatured stock..Profit (divided)Profit (undivided) _____Surplus...

Total liabilities

34,663912

1,2101,893

123616441

5141

11568

1,3232,007

42,032

RECEIPTS AND DISBURSEMENTS FOR SIX MONTHS

Receipts Amount Disbursements Amount

Cash in treasury at commencement ofsix months

Cash in hands of Secretary at commence-ment of six months

Installment dues received during sixmonths _.

Advance stockAdvance paymentsSpecial depositsSpecial payments _Interest received during six monthsTransfer feesFines, _Loans repaid--Loans matured _ __Taxes repaidInsurance premiums repaid _RentsBills payable... _Bills receivable _Matured stock _Commission on insuranceOther receipts.

Total receipts.

368

130

7,941112951

311,199

32

4,926973

198

547311036

15,532

Loans on real estateLoans on stock pledgedInstallment dues withdrawnInstallment stock matured.-Advance stock withdrawnSpecial deposits withdrawn." __.Special payments withdrawnInterest or profit on stock withdrawn. _.Bills payable..- _._.Interest on bills payable __,Real estateTaxes advancedInsurance premiums advancedMatured stockBills receivable. __Dividends. _Expenses:

General _ 28Salaries _ 124Stationery, postage, printing..- 11

Cash in hands of treasurer __Cash in hands of secretaryOther disbursements _

Total disbursements

6,019208

6,4015362383150

2674851221

175

31175

16372213831

15,532

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Page 597: Annual Report of the Comptroller of the Currency 1925

REPORT OF THE COMPTROLLER OP THE CURRENCY 591

TABLE NO. 71.—Summary of resources and liabilities, receipts and disbursementsof the 24 building and loan associations in the District of Columbia for the sixmonths7 period ended on or about June 80, 1925

[In thousands of dollars]

Assets Amount Liabilities Amount.

Loans on real estateLoans on stock pledgedInterest and fines due and unpaidInstallment on stock due and unpaidReal estate:

Office building 409Other 12

Real estate sold on contractInsurance premiums advancedTaxes advancedFurnitureCash in hands of treasurerCash in hands of secretaryUnited States securitiesTime deposits _Other assets

Total assets

42,1333493514

42121

. 416

4241083191501

43, 977

Installment dues paid in on stockInstallment dues paid in advanceInstallment dues due and unpaid.Interest due on i nstallment stock.Advance stockInterest due on advanced stock.._Advance paymentsSpecial depositsSpecial paymentsInterest due on special payments.Interest paid in advanceBills payable _.Matured stockProfit (divided)Profit (undivided)SurplusOther liabilities

Total liabilities 43,977

RECEIPTS AND DISBURSEMENTS FOR SIX MONTHS

Receipts Amount Disbursements Amount

Cash in treasury at commencement ofsix months . . .

Cash in hands of secretary at commence-ment of six months

Installment dues received during sixmonths

Advance stock.Advance paymentsSpecial deposits _ __.Special payments _Interest received during six monthsLoans repaidLoans maturedTaxes repaid _Insurance premiums repaid ._Real estateRents _Bills payable. ..Bills receivable _-Matured stock ....Commission on insuranceOther receipts

Total receipts

727

131

8, 3501537815146

1,2615,02811212341039022522

16,496

Loans on real estate.Loans on stock pledgedInstallment dues withdrawnAdvance stock withdrawnAdvance payments withdrawnSpecial deposits withdrawn. _Special payments withdrawnInterest or profit on stock withdrawn. .Bills payableInterest on bills payableReal estateTaxes advanced __.Insurance premiums advancedMatured stock _._Bills receivableDividendsExpenses:

General 58Salaries 130Stationery, postage, printing..- 3

Cash in hands of treasurerCash in hands of secretary.Other disbursements

Total disbursements

7,279173

6,633356

3224

3224381165

20382

191420108157

16,496

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Page 598: Annual Report of the Comptroller of the Currency 1925

TABLE N O . 72,—Abstract of resources and liabilities of 16,983 State {commercial) banks, June SO, 1925

[In thousands of dollars]

OxCD

States, Territories, etc.

Rhode Island

New YorkNew Jersey _Pennsylvania.. _Delaware.. _ _Maryland

Total Eastern States

Virginia3

West Virginia3

North Carolina3-South Carolina 3__Georgia3 _.FloridaAlabama3

Mississippi3Louisiana3

TexasArkansas3. _ .Kentucky3

Tennessee3

Total Southern States

OhioIndiana.Illinois3 ,_._Michigan

Num-ber ofbanks

13

26435

2979

118

723

336221

1 507» 2981 543

20016 252

323214771396470

1M45

4,976

662541

1,399583

Resources

Loans anddiscounts(including

redis-counts)

3,632

905 70652,042

234, 7728,454

81,422

1,282,396

177,849172,428214, 634102, 783195, 87994,206

106,118105, 591246,390133, 601117, 869185, 572176,432

2,029, 352

1,218,348181,710

1,523,800393,678

Over-drafts

1

3417

54

41

443

1503203366644149096

5721,156

499488478741

6,004

426329

1,148373

Invest-ments

(includingpremiumon bonds)

1,108

409 13728,686

175,2338,516

32,142

653,714

17,01724,23916,68712,77016,09314,10611,70522,61636,9269,016

10,03436,52218,013

245,744

319,84137,676

557,740650,419

Bankinghouse

furnitureand

fixtures

197

237 1992,381

14,747465

3,985

58,777

7,37110,0929,3123,335

10,1013,6694,1723,192

15,5297,2074,4956,3819,757

94,613

61,9829,246

55,65935,315

Otherreal

estateowned

48

2012,635

554544

3,934

2,5401,7312,5602,9876,640

9952,4801,5204,0254,7563,4781,5543,646

38,912

12,1572,7909,3094,444

Due frombanks

180

27 6762,9014,561

269842

36,2494 17,347

21,85533,84715,04527,191

4 51,8134 18,105

25,47940,3455,763

25,75528, 23241,868

352, 645

26,47831, 505

286,43098,166

Lawfulreservewith

Federalreserve

bank andother

reserveagents

298

139 6543,178

32, 213752

6,063

181,860

8,826

10, 56930,1883,195

52,778

124, 756

83, 52318,314

Checksand

othercash

items

1

249 76738360836

397

251,191

1,717194276757512

5 2,18451,549

683,336

1,130503

4,763

16, 989

1,7111,9308,179

10,399

Ex-changes

forclearinghouse

85

2342,090

84471

2,879

1,2622,554

4092,921

5366,681

1,428

15, 791

46,106

77,59022,294

Cash onhand

238

41 1252,177

10,042207

2,914

56,465

4,1555,4786,4752,5905,5164,8514,6673,4366,4027,3453,8515,8635,039

65, 668

35,0177,146

42,68424,434

Otherresources

53

47,169641

1,8649

231

49,914

16,018489796

2,0294,632

3431,0854,7268,345

11,8511,0533,198

11,619

66,184

36,0736,155

36,13424,404

Aggregateresources

andliabilities

5,841

1,857, 77492? 831

478, 81919, 346

129, 052

2, 577,822

244,164238,088287,477143, 369278, 725172, 257149,977167, 736379, 704210, 226171,348269,731271,878

2,984, 680

1,882,895278,487

2,682,1961,282,240

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Page 599: Annual Report of the Comptroller of the Currency 1925

Wisconsin .MinnesotaIowaMissouri

Total Middle Western States

North DakotaSouth DakotaNebraskaKansas -Montana -Wyoming3. _ __Colorado __ _New Mexico3

Oklahoma3

Total Western States _

WashingtonOregon .California _Idaho -Utah ._NevadaArizona

Total Pacific States.. _

Alaska3

The Territory of HawaiiPorto Rico3

Philippines3

Total Alaska and insular posses-sions

Total United States and insularpossessions _ _

8111,0279 373

1,302

6,698

494405900

l'o 1,00413464

18135

380

3,697

243169

^28792872334

935

13101711

51

16,983

341, 294250, 239174, 763336,476

4,420,308

64,35585,696

217,313188,93820,99715,52030,1066,153

48,166

677,244

71, 82863,441

509, 50814,98945,038

' 13,01225,483

743,299

3,26635, 55932, 98554,798

126,608

9, 282,839

431598353619

4,277

147458

1,10464191469213

231

2,823

95135

1,34115

3026335

1,986

1861560

19, 592

20,285

35,819

109, 50160,3089,724

83, 778

1,828,987

8,6517,544

18, 590£4, 576

4,6372,1446,9501,128

14,085

88, 305

32,88422,381

129, 9244,1249,6252,0357,898

208,871

2,41411,8544,6066,569

25,443

3,052,172

11, 82110,4416,044

12,401

202,909

3,0443,6347,3517,7431,350

7021,476

3072,232

27, 839

5,2912,974

29, 673851

1,487683

1,125

42,084

2231,1981,0911,347

3,859

430,278

4,56912,4595,9736,043

57,744

6,2146,833

11,0855,8221,590

432957260

1,651

34,844

1,1281,0541,614

8141,349

3921,617

7,968

116436338320

1,210

144, 660

2,1688 30,428

24,90970,851

570,935

535819,015

52, 98349,0444 4,648

3,532248

1,27221,851

153,128

1,0665,851

72,7033,2787,6262,9685, 419

98,911

1, 2176,9335,134

18, 275

31, 559

1,243,607

53, 9581,186

281,737

10, 771

7,41716

18,204

17,49311,03839, 789

4142,036

1,778

72, 548

36

36

607,461

2,4642,219

4,101

31,003

33791

33596

17242092

326

1,869

418518

18,1751103697596

19,761

15963

1,145428

2,551

323,365

3,642

149,632

609

1,413

565

2,587

918948

22, 325

56488

237

25, 080

37

1, 5001,278

2,815

198,869

10,495815,865

5,5079,607

150,755

1,5448 2,257

9,8576,1461,108

9041,836

4322,425

26, 509

3,5593,815

24, 246683

1,180802

2,340

36, 625

6443,7684,259

13, 029"

21, 700

357,960

8761,224

2565,737

110,859

4181,1341,5072,666

5827

10446

129

6,593

3512,288

28,167462308173656

32; 405

3, 6761,620

30, 904

36,200

302,208

541, 219384, 967227, 529529,613

7,809,146

96, 016127, 271319, 790287, 32435, 09923, 45949, G06

9,71991, 661

1, 039, 945

135, 031114,443877.465

25, 74069, 88420, 29146, 684

1, 289, 538

7, 95065, 00252, 774

146, 540

272, 266

15, 979,238

1 Includes branches.2 Includes other real estate.3 All banks in the State or Territory other than national.4 Includes lawful reserve.5 Includes exchanges for clearing house.6 June 23,1925.

7 Apr. 6, 1925.8 Estimated.» May 1, 1925.10 June 2, 1925.11 Includes commercial business of departmental banks.

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TABLE N O . 72.—Abstract oj resources and liabilities of 16,988 State (commercial) banks, June 30> 1925—Continued

[In thousands of dollars]

States, Territories, etc.

Rhode Island

New York . . .NewJersey _ _PennsylvaniaDelawareMaryland.._ _

Total Eastern States.

Virginia..._. __West VirginiaNorth CarolinaSouth CarolinaGeorgiaFloridaAlabama _Mississippi .Louisiana.Texas _ . . . _ _ArkansasKentuckyTennessee. _

Total Southern States

Ohio.. _.Indiana. _

Liabilities

Capitalstock paid

in

370

73,0054,675

26,9961,0056,457

112,138

27, 60121, 38922,88113,83030,6717,893

13,82811,84523, 51424,97016, 28123,00124, 604

262,308

111,91922,988

Surplus

330

i 91,4023,762

32,299657

6,567

134, 687

15,44913, 86012,0496,737

15,3562,8186,9126,237

13, 600^7,6196,223

14, 639i 12, 783

134,282

74,0209,157

Undividedprofits

(less ex-penses andtaxes paid)

94

1,87012,2581,0952,041

17,264

4,9236,2454,5242,7267,8071,5574,1821,8664,8583,0292,6843,961

43,362

20,2484,155

Due to allbanks

173

123, 282445

5,311257553

129,848

5,9173,879

13,9583,325

23,9894,947

4,78932, 5434,012

11,9853,673

113, 017

63,9303,153

Certifiedchecks and

cashier'schecks

41

6471,862

20

2,529

1,8121,0773,587

5291,0135,384

5842,5011,2241,0041,385

20,100

14,1041,029

Individualdeposits (in-cluding divi-dends unpaid

and postalsavings)

4,782

1, 495, 29178, 636

390,64815, 669

110, 512

2, 090, 756

154,850180,855202, 272104, 354178,856147,946116, 629129, 505279,047160,156123, 564202,926215, 544

2,196, 504

1, 533,990226, 784

UnitedStates

deposits

164188

352

7,273

Notes andbills redis-

counted

2,44819178912

128

3,568

4,5072,4503,3412,0634,904

461,2291,419

556955

1,971707

24,148

3,9281,072

Bills pay-able (includ-ing advances

receivedfrom War

Finance Cor-poration andcertificates ofdeposit rep-

resentingmoney bor-

rowed)

22,9711,7175, 099

3502,175

32, 312

10,4987,763

21,3637, 843

13,259325

5,8677,1307,7284,4036,6283,273

2 4, 311

100, 391

12, 8634,243

Otherliabilities

51

49,375724

3,369281619

54, 368

18, 607570

3,5021,9622,8701,3411,3304,361

15, 3573, 8581,008

16,16614, 636

85, 568

40, 6205,906

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Page 601: Annual Report of the Comptroller of the Currency 1925

Illinois .MichiganWisconsinMinnesota. _Iowa. _ . .Missouri _ _•_

Total Middle Western States

North DakotaSouth DakotaNebraskaKansasMontana _ _ _ _WyomingColorado.New Mexico _Oklahoma

Total Western States ._

Washington. ._ . _ _ _ _ . . .Oregon _ __.CaliforniaIdahoUtahNevadaArizona _._

Total Pacific States _

AlaskaThe Territory of HawaiiPort Rico.Philippines _ ._

Total Alaska and insular posssesions

Total United States and insular possessions.

160,02459,81232, 84424, 75417,23442, 645

472, 220

8,3818,801

23,66824,293

4,4851,9604,6661,3257,489

85,068

10,8838,510

73,1972,3475,4231,6113,474

105,445

6303,5008, 310

12,275

24, 715

1,062, 264

111, 72045,12114, 3479,5526,728

22,994

293, 639

2,7293 3,381

6,95213,273

1,022857

2,087337

1,437

32,075

3,2813,328

29, 728620

3,061524

1,862

42,404

1402,2471,2963,320

7,003

644,420

68, 85013,1898, 9412,1402,4508,963

128,936

1,8713,801

248159353

61737

7,230

1,5581,689

15,733346707232570

20,835

148725879

2,515

4,267

226, 988

135, 746• 21,646

10, 4874,384

15

239, 361

2011,492

10,89410, 287

153257289

542,085

25, 712

3,5764,189

72, 77371

2,341166

1,546

84, 662

89406

1,23711,988

13, 720

606,493

27,9039,0312,9663,598

4,728

63, 359

744689

1,546277172505

983

4,916

1,151918

258664474574

4,039

341853288

861

95,845

2,118, 7781, 082, 537

465, 563335, 432191,920430, 026

6, 385, 030

79,880108,227272, 533230, 577

27, 37219,45540, 782

7,57076, 770

863,166

112,14491, 523

643, 37820, 68855, 25216, 96437,088

977,037

6,89653, 94836, 72967,905

165, 478

12, 682,753

7,179194

14, 646

. . .

4 1, 375

1,406

522

522

16, 926

5,8811,8521,063

808

2,819

17, 421

65691

2,420

30894

1171,677

5,372

1,1651,3622,906

51274336

260

6,984

61

1,624

1,631

59,124

12, 82614, 7584,2433,780

2 7, 36211, 096

71,171

4,0143,6592,844

6591,176

291765253423

14,084

870720

19, 508883

1,041155987

24,164

152,645

2,660

244,782

40, 46827,115

571521

1,8356,327

123, 363

2331

1,028468366

652

60

2,322

4032,173

18, 86715

«652129323

22, 562

73,9901,808

45, 604

51, 409

339, 643

1 Includes undivided profits.2 Includes rediscounts.s Includes guaranty fund.

i Includes postal savings.5 Includes trust funds.

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TABLE NO. 72.—Abstract of resources and liabilities of 16,983 State {commercial) banks, June 30, 1925—Continued

[In thousands of dollars]

Or

OS

States, Territories, etc.

Rhode Island . „

New York . . . . _„.., .New JerseyPennsylvaniaDelawareMaryland _ -

Total Eastern States - *

VirginiaWest VirginiaNorth Carolina. _South CarolinaGeorgiaFloridaAlabamaMississippiLouisianaTexas..ArkansasKentuckyTennessee

Total Southern States

OhioIndianaIllinoisMichigan..-

Loans and discounts

On de-mand

secured bycollateral

other thanreal estate

9

10, 54434,8934,4139,450

59,300

4,400

5,042

9,442

On de-mand

notsecuredby col-lateral

46

3,12521,620

4766,254

31,475

4,151

3,716

7,867

On timesecured bycollateralother thanreal estate

814

2,62424,912

4328,450

36,418

43,447

71,366

114,813

On timenot

securedby col-lateral

1,590

23,21771,6901,482

31,487

127,876

123,231

37,583

160,814

Securedby

farmland

2363,093

290

3,619

6,434

6,434

i

Securedby other

realestate

1,173

11,13278,5641,3612,826

93,883

4,753

4,753

Notclassified

905, 7061,164

22,955

929,825

177,849172,42839,405

102,783195, 87994,206

106,118105, 591246, 390

4,707117,869185, 572176,432

1, 725,229

1,218, 348181, 710

1, 523, 800393, 678

Investments

UnitedStates

Govern-ment

securi-ties

42

4,89322, 300

1,5522,926

31,671

5,4548,159

1,0133,8977,2014,7004,720

35,204

91,26612,327

207,909

Sta,te,county,

andmunicipal

bonds

162

3,6518,1991,6381,771

15,259

2,584

301,576

4,190

72,249

102,067

Railroadbonds

29

8,49142,898

1,7126,417

59, 518

329

54

383

Bonds ofother publicservice cor-porations(includingstreet andinterurban

railwaybonds)

864

3,64430,1021,0176,966

41, 729

29

217

246

75, 501

Otherbonds,stocks,

warrant,etc.

11

409,1378,007

71,7342,597

14,062

505, 537

17,01718, 7855,686

12, 77016,09314,10610, 69218, 71929,6952,4095.314

36', 52218, 013

205, 721

156, 32625,349

172, 263650,419

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WisconsinMinnesotaIowaMissouri

Total Middle Western States

North DakotaSouth DakotaNebraskaKansasMontana . _ .WyomingColoradoNew Mexico . _ .Oklahoma

Total Western States

Washington _ _ _ .OregonCalifornia . _ .IdahoUtahNevadaArizona

Total Pacific States _

Alaska _ .The Territory of HawaiiPorto RicoPhilippines

Total Alaska and insular possessions.

Total United States and insular pos-sessions

18, 580

18,580

5,300161,987

1,553438

77

169,355

i 2,0777,3104,515

13,902

9,0382,5772,540

14,155

284,743

18, 629

18,629

13, 648

1,626170

73

15,517

17071,008

863

2,578

4,1204,199

262

8,581

84, 693

49, 047

49,047

1

45, £15

9,4398,090

2,109

65,153

111,3061,1618,112

20, 579

7,9795,7623,275

17, 016

303,840

157, 593

157, 593

91, 547

4, 0833,199

2,296

101,125

110, 20618

97, 053

97, 053

22,00426,951

525

49,480

i 4,0982.082

6,731 1 1.704

16, 955

2,10416, 8601,558

20, 522

586,475

7

7,884

28469052

1,026

165,496

9,271

4,287

963

14, 521

115, 7091,4333,453

20, 595

88211,6752,7042,057

17,318

152,243

392250, 239174, 763336,476

4,079, 406

64,35585, 69630,028

93,623

30,106110

48,166

262,093

71,82863,441

509,50814,989

1935

105

660,806

2,384359193

45,054

47, 990

7,705,349

28, 58619, 109

359,197

3,855

7,6219,8132,2341,0311,840

766

27,160

7,24753,353

11,972511

3,181

66,264

8773,2911,308

219

5,695

525,233

19, 027

193, 343

1,672

\130

87

1,889

11,747607

1,247

3,601

5221,4691,040

20

3,051

221,495

5,805

5,805

790

21

28

839

161358

196

867

176618120234

1,148

68,589

20, 715

96, 216

1,771

76

14

1,861

4811,265

118316

1,747

2342,083

75

35, 36841,1999, 724

83, 778

1,174,426

4,7967,5446,736

14,7632,403

8865,110

23314, 085

56,556

32,88415,13476,5714,076

14,028741

2,958

136,392

6054,3932,1386,021

2,392 1 13,157

145,055 2,091,800

i Estimated.

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TABLE N O . 72.—Abstract of resources and liabilities of 16,983 State (commercial) banks, June SO, 1925—Continued

[In thousands of dollars]

CmCO00

States, Territories, etc.

Rhode Island _

New YorkNew JerseyPennsylvaniaDelaware _Maryland

Total Eastern States._

VirginiaWest VirginiaNorth CarolinaSouth CarolinaGeorgiaFloridaAlabamaMississippiLouisianaTexas . . . . _ArkansasKentuckyTennessee

Total Southern States _ _ . _ _ _ _

OhioIndianaIllinoisMichiganWisconsinMinnesotaIowa

Cash

Goldcoin

4

124715

10170

1,019

39890

191294351237

1,561

2,166

2,628

1,340

Silvercoin

17

122624

14287

1,047

8611348

1557950881618

4,215

2,056

13,657

1,227

Papercurrency

213

29,8501,8938,580

1812,457

42,961

5,2162,152

2,6885,1585,9542,996

24,164

30,220

36,399

7,708

Nickelsand cents

4

36123

2

161

126

126

495

220

Cash notclassified

11,2752

11,277

4,1555,478

5,5164,8514,667

33

5,8635,039

35,602

807,146

24,434

15,8655,507

Demand deposits

Individualdepositssubjectto check

2,320

37,365121,715

9,11137,099

205, 290

67,93094, 542

100,71246,86085,010

110,7593 71,409

49,151159,969144,69357,676

101,581

1,090, 292

498,588114,863

1,063,080

163,197100,659

Demandcertifi-cates ofdeposit

158

3811,414

1

1,796

2,901908

10,099550

11,268

3,438

5,165

131,722

166,051

25,30763,78540,531

19,718318

Dividendsunpaid

103486

4182

775

663506307221301101

56639117157

3,068

1,749100

3,301

45242

Time deposits

Savingsdeposits ordeposits ininterest or

savingsdepartment

2,299

40,103246,835

6,35273,151

366, 441

54, 00852,96556,44037,56647,15727,74845,13127,48380,419

1,00622,41441,33283,822

,-677,491

728, 55645, 269

845, 584

143, 54754,336

Timecertifi-cates ofdeposit

5

50619,961

201

20, 668

29,34830,22933,56719,15735,1202 9,338

30,62224,49514,34018, 297

. 244,513

107,569

166,282

138,435179,971

Postalsavingsdeposits

42237

279

89

47

136

1,058

21447

Depositsnot

classified

1,495,291136

80

1,495,507

1,7051,147

22,19310,087

19,80860,013

114,953

171,1632,767

1,082,537

59191,920

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Missouri _

Total Middle Western States

<55 North Dakota-* South Dakota2 Nebraska. _ _05 Kansas _° Montana

Wyoming*"3 Colorado.{. Nf iW MfiTTf»ft

Oklahoma-__ _

Total Western Statesr°

WashingtonOregon.- _ .CaliforniaIdaho...UtahNevada.Arizona __

Total Pacific States

AlaskaThe Territory of HawaiiPorto RicoPhilippines __ __

Total Alaska and insular possessions...

Total United States and insular posses-sions.

6,134

57912248

29214

1,055

2,282

272175226

2,955

7713320997

516

13,244

6,940

1,34915793

129274

1,965

23281

193

506

53285420

63

821

15, 511

74,327

4,218829755

1,252339

7,393

676545

1,899

3,120

5023,1473,5288,439

15, 616

167, 794

715

8

5

13

19

10

28

6518

93

1,122

9,607

62,639

1,5442,2579,857

2,425

16,083

3,5593,815

21,964683

13

30, 034

1019537

4,412

4,654

160,289

1,940,387

27,74641, 525

106,066132, 527

16, 23610, 87622,6904,752

362,418

44,47854, 510

605, 38513, 63027,1168,964

23,554

777,637

3,35324, 61320,85020,018

68, 834

4,447,178

149,659

380356

7,73210,684

21371

930157

20,523

1,143402

1603516

190

1,946

78659957851

2,545

342,678

5,644

7919221

18

139

4925

12792721

213

86639

113

9,952

1,817,292

2,2544,902

10,864

2,0823,092

10,9111,354

35,459

36, 54126,007

2,27121,9296,6329,363

102, 743

2,63221, 51911,8438,617

44,611

2,946,336

592, 257

49,12261,355

147,85271,9528,7925,4166,1291,172

351, 790

11,99210,199

4,6155,8481,1103,473

37, 237

3456, 6561,6679, 680

18, 348

1, 264,818

1,319

10

48

8975

222

627380

24559

352

1,663

48020

688

1,188

4,807

430,026

. 1, 878,472

378

15, 392

1560

76,770

92, 615

17,314

37,993

156135

55, 598

415685

28,739

29, 83 9

3, 666,984

1 Includes nickels and cents.2 Includes demand certificates.a Includes all deposit liabilities other than savings and postal savings.

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TABLE NO. 73.—Abstract of resources and liabilities of 1,680 loan and trust companies, June SO, 1925

[In thousands of dollars]

COO

1 States, Territories, etc.

MaineNew Hampshire . ._VermontM assachusettsKhode IslandConnecticut

Total New England States

New YorkNew Jersey -Pennsylvania,. .Delaware.Maryland _ -District of Columbia

Total Eastern States

FloridaTexas _

Total Southern States

Indiana - - _-..-Michigan -WisconsinMinnesotaIowaMissouri...

Total Middle Western States

Num-ber ofbanks

153>15

40' 9 5' 1 1

86

300

10916841429277

754

5875

133

175161521

«19124

370

Resources

Loans anddiscounts(including

rediscounts)

82,80714,06657,098

567,623124,009122,067

967,670

2,541,312550,614

1,075,97035,380

140,34154,471

4,398.088

98,38368,982

157,365

173,60263,6657,269

2Q, 95128,163

226,635

520,285

Over-drafts

1043

30241

6143

527

1,30368

36023

10332

1,889

53117

170

138

634

152

330

Invest-ments (in-

cludingpremiumson bonds)

63, 5298,908

17,402138,422107, 739132, 700

468,700

952,924277,010693,409

15,86169,65422,716

2,031, 574

24,33611,255

35,591

43,94427,0045,245

22,4671,114

124,124

223,898

Bankinghouse

(includ-ing furni-ture andfixtures)

2,312265906

17,1742,8829,404

32,9437 65, 034

22,46872,5721,8716,6958,246

176, 886

3,7701,692

5,462

11,9573,3691,733

310388

9,637

27,394

Otherreal estate

owned

64347

497562

1,146885

3,780

4,38519,840

348957401

25,931

5442,036

2,580

2,0801,247

1071,5441,6794,708

11,365

Duefrom

banks

7,6121,6623 425

29, 6501,921

16,344

60,614

162,80542, 70534, 552

80810,4078,153

259,430

8 52,4982,475

54,973

30,7153,579

3038 9,999

2,39262,915

109,903

Lawfulreserve

withFederalreservebank or

otherreserveagents

61,22214,836

692

76,750

433,62626,456

139,3584,391

23,657144

627,632

13,849

13,849

17,8522,986

20, 838

Checksand

othercashitems

84130

14,494408

6 6 3,631

18,747

422,2622,3972,566

83682

1,109

429,0996 3, 736

3,736

2,3475Q

132

12,434

14,963

Ex-changes

forclearinghouse

1,779

1,779

6,16019,252

3585,1982,170

33,138

10

10

Cash onhand

2,8243 377

86413,0776,818

« 6, 742

30, 702

37,46516,65340,230

1,0392,6971,476

99,560

4,2512,834

7,085

5,59922277

«3,8031,1078,530

19,338

Otherresources

449

1,2516,8254,388

679

13,592

281,5278,641

35, 7491,2774,434

747

332,375

4033,464

3,867

64, 295139174

1,453381

11,005

77,447

Aggregateresources

andliabilities

160,28025,41281,603

849, 290265,932293,287

1,675,804

4,898,258957, 557

2,133,85861,439

264,82599,665

8,415,602

187,97496,704

284,678

334,677117,12718,03660,53335,258

460,140

1,025,771

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North Dakota *.South DakotaKansasMontanaColorado

Total Western States

Washington.OregonCaliforniaIdahoUtah..

Total Pacific States- _

The Territory of Hawaii (total insularpossession)

Total United States and insularpossession _

4 |8

10 151414

53

55

"35104

59

12 XI

1,680

9702,9776,933

15,21218,593

44,685

2,3584,9143,4894,776

12,600

28,137

6,555

6,122,785

22

3455

93

34

8

42

671

3,722

986837

2,9079,7119,033

23, 474

1,7742,1997,4024,279

504

16,158

1,951

2,801,346

118127418723

1,136

2,522

173714

1,381315

58

2,641

373

248,221

100168432296335

1,331

79531

6329515

1,676

113

46,776

295 1,019

1,6388 5,674

111

8,471

1,996969

1,582212

4,759

1,834

499,984

190

9,654

9,844

57

11326

196

749,109

72

25218840

1,092

88459815

246

86

467,969

3615

51

534

39

35,017

195 121

471,409

835

2,431

20614220

58818

974

15

160,105

1465

9551136

1,081

11111229463

187

767

1,386

430,515

2,4335,354

13,37233,28840,628

95,075

5,47910,26413,60612,15114,135

55,635

12,984

11,565,549

1 June 27, 1925.2 Includes savings departments oi other banks.8 Includes cash items.* Includes branches.

* Estimated.e Includes exchanges for clearing house.7 Includes other real estate.* Includes lawful reserve.

» May 1,1925.« June 2,1925.11 Includes trust business of departmental banks.» June 30, 1924.

sHO.

wtao

HMIS

oa

a<

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TABLE N O . 73.—Abstract of resources and liabilities of 1,680 loan and trust companies, June 80, 1925—Continued

[In thousands of dollars]

OOto

States, territories, etc.

MaineNew Hampshire.-VermontMassachusetts _Rhode IslandConnecticut

, Total New England States

New YorkNew Jersey -Pennsylvania __ - _DelawareMaryland - -District of Columbia

Total Eastern States

FloridaTexas__ _

Total Southern States,..

IndianaMichiganWisconsin

Liabilities

Capitalstock

paid in

5,4661,0552,666

38,8189,030

16, 566

73,601

212,02549,459

147, 6406,583

16,47811,400

443,585

7,52511,900

19,425

22, 5929,2532,460

Surplus

4,461l 1,225

2,80940,26514,23714,810

77,807

2 274,74537,660

241,8293,919

19,7406,500

584,393

3,7513,422

7,173

10,0468,0521,352

Undividedprofits (lessexpensesand taxes

paid)

4,762868

2,76119,4104,3568,324

40,481

I§, 22355, 4882,3734,8653,155

84,104

2,3832,079

4,462

7,1224,0801,478

Due tobanks

1,49166018

28,6281,9673,162

35,926

724,93612,36649,1434,246

11,4313,293

805,415

10, 7754,911

15,686

8,416144

Certifiedchecks andcashier'schecks

307

2397,149

839

8,534

5,18912, 790

236

639

18,854

5,4341,004

6,438

1,94956

Individualdeposits

(includingdividends

unpaid andpostal

savings)

137,70120,73370,941

687,705228,011246,405

1,391,496

3,445, 340805,135

1,528, 28142, 032

203, 92472,803

6,097,515

156,50969,762

226,271

215, 07267,7688,599

UnitedStates

deposits

193

193

1,76913,338

433

8

15, 548

Notes andbills redis-counted

573

4913,340

13,962

5,2392,5934,783

8448

13, 071

511,197

1,248

4,986

Bills payable(includingadvancesreceived

from WarFinance

Corporationand certifi-

cates ofdeposit

representingmoney

borrowed)

4,557

1,8424,007

3,386

13, 792

20,0249,865

29,472250

1,844500

61,955

732604

1,336

2,91349443

Otherliabilities

962871278

9,9687,299

634

20,012

215,94915,29851,0941,3596,0951,367

291,162

8141,825

2,639

61,58127,3314,098

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Minnesota . _IowaMissouri

Total Middle Western States

North Dakota _South DakotaKansasMontanaColorado

Total Western States

WashingtonOregon *.CaliforniaIdahoUtah

Total Pacific States

The Territory of Hawaii (total insular possession).

Total United States and insular possessions

5,3853,460

38,894

82,044

400360

2,0502,2002,115

7,125

1,5001,5509,000

835880

13,765

3,906

643,451

2,452958

23,612

46,472

1921 114

545830

1,096

2,777

932456

1,340256336

3,320

1,267

723, 209

1,5281,0288,361

23, 597

2543

530404916

1,918

179346

2,81660

130

3,531

943

159, 036

17

231

8,808

8531,2272,4241, 053

5, 557

158

7182

311

17

871, 720

516

3,700

6,176

228

204298506

1,038

184

83

267

41, 307

45,16625,803

361, 681

724,089

1,8143,8375,991

27,07334,449

73,164

4926,426

10, 262850

18,030

6,295

8, 536,860 15, 741

487

286

5,759

128

128

76

34, 244

3,8113 884

7,695

15,840

51433

125

672

3761,113

267315

2,071

121

95, 787

1,1713,125

15,680

112,986

1192,311

26368

2,824

2,00031

450189

411, 542

14, 212

359

444,194

fcrjsw

H

oo

i Includes guaranty fund. J Includes undivided profits. 8 Includes rediscounts. * Includes trust funds.

fed

O

izio

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TABLE NO. 73.—Abstract of resources and liabilities of+1,680 loan and trust companies, June 80, 1925—-Continued

[In thousands of dollars]

States, Territories, etc.

Maine _ . . _ _ _ _New HampshireVermont _MassachusettsRhode Island _.Connecticut.. .

Total New England States

New York ,New JerseyPennsylvaniaDelaware _Maryland.. .District of Columbia . . _ .

Total Eastern States

FloridaTexas..

Total Southern States

IndianaMichiganWisconsin , T._MinnesotaIpwa...___ ._ . .

Loans and discounts

Ondemand,

secured bycollateralother thanreal estate

92,16513,893

106,058

121, 740363, 951

11, 76944, 08422, 281

563,825

4,555

4,555

135

Ondemand,

notsecured

collateral

26,9903,808

30,798

23,88695,447

1,8949,0051,682

131,914

3,006

8,006

On time,secured bycollateral

other thanreal estate

83,30920,6i3

103,922

25,27899,7985,148

26,9833,273

160,480

19,555

19,555

1,822

On time,not

securedby

collateral

187,45948,346

235,805

224, 283258,500

9,82639,5826,800

538,991

12,231

12,231

Securedby farm

lands

1,5645,9521,552

4

9,072

4, 111

4,111

Securedby other

realestate

7,16287,083

146, 37737, 349

227,971

142, 216252,322

5,1918,754

20, 234

428,717

14,933

14, 933

Notclassified

82,8076,904

20,01531,323

122,067

263,116

2,541, 31211,647

11,933197

2,565,089

98,383591

98,974

173, 60263,6655,312

20,95128, im

Investments

UnitedStates

Govern-ment

securities

6,6371,3274,147

43,51746,1385,790

107,556

54,469133,198

1,98813, 5806,083

209, 318

5,167

5,167

9,746

6775,186

State,county,

andmunici-

palbonds

1611,5731,3913,927

7,052

37,10632,003

5598,4791,023

79,170

1,502

1,502

350

Railroadbonds

1,3511,332

11,39716,059

30,139

80,700158,881

3,41813, 1114,660

260, 770

472

472

427

Bonds ofotherpublicservice

corpora-tions

(includingstreet andinterurban

railwaybonds)

2,8027, 7576,173

23,824

40, 556

32,15193,1602,7037,7773,291

139,082

674

674

1,536

Otherbonds,stocks,

warrants*etc.

56,8923,2672,593

75, 94417, 791

126, 910

283,397

952,92472,584

276,1677,193

26, 7077,659

1, 343, 234

24,3363,440

27,776

84,19827,0042, 255

17,2811,114

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Missouri :__Total Middle Western States

North Dakota _South Dakota _Kansas. _MontanaColorado

Total Western States

WashingtonOregon „_*California.IdahoUtah

Total Pacific States

The Territory of Hawaii (total insularpossession)

Total United States and insular possession..

135

2,9103,170

6,080

1582

582

2,708

683, 943

1,788

1,788

U 9 8

198

102

167,806

1,822

4,991

4,991

i 3,163

3,163

264

294,197

3,505

3,505

1 % 855

2,855

70

793,457

4,023

4,023

1 1,147

1,147

18, 353

1,758

1,758

i 4,395

4,395

3,403

681,177

226, 635

518,328

9702,977

18,593

22,540

2,3584,9143,4894,7761260

15, 797

8

3, 483,852

15,609

5563,4104,549

8,515

5691,898

103

2,570

409

349,144

350

91

91

427 j 1,536

33

33

149 1 60

88,314 i 291,901

66

66

75

181,989

124,124

205,976

986837

2,3516,3014,484

14,959

1,7741,6305,5044,279

211

13,398

1,258

1,889,998

i Estimated.

t-3W

OO

i

oOr

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TABLE N O . 73.—Abstract of resources and liabilities of 1,680 loan and trust companies, June SO, 1925—Continued

[In thousands of dollars]o

States, Territories, etc.

Maine - - --New HampshireVermontMassachusettsRhode Island ._ _Connecticut

Total New England States __

New York .New Jersey _PennsylvaniaDelawareM arylandDistrict of Columbia.

Total Eastern States . _

FloridaTexas

Total Southern States.

Indiana _ __Michigan - ;Wisconsin _ ._MinnesotaIowaMissouri

Total Middle Western States. _ _

North Dakota -

Cash

Goldcoin

512

512

7142,510

328343

3,382

172

172

12

12

Silvercoin

321

321

8862,321

62212

2

3,483

404

404

3

3

Papercurrency

5,928

5,928

31,24514, 78835,074

9312,4021,345

85,785

2,224

2, 224

62

62

Nickelsand

cents

57

57

22532514

86

650

28

28

Cash notclassified

2,824377864

13,077

6,742

23,884

6,22040

6,260

4,2516

4,257

5,599222

3,8031,1078, 530

19,261

19

Demand deposits

Individualdepositssubjectto check

35,6183,9199,776

592,00887, 712

143, 677

872, 710

378, 798857, 75127,294

134,49543,366

1,441,704

115, 66247,945

163> 607

80,129

12,305

92, 434

608

Demandcertifi-cates ofdeposit

1,500

5098,4802,894

13,383

9,2796,152

180

15, 611

34, 360

5

34,365

167 ^

Divi-dends

unpaid

9

6765027

360

1,113

1,2812,891

11629662

4,646

209174

383

233204

257

Time deposits

Savingsdeposits ordeposits ininterest orsavings de-partment

79,90816,81460,5895,005

120, 362102, 368

385,046

407,449593,090

14,07967,07925, 727

1,107,424

27,73910,054

37,793

83,288

3,7819, 501

96,570

580

Time cer-tificates of

deposit

813

39,12116,556

56,490

6,09666,543

476

441

73, 556

i 10, 65211, 589

22,241

4,8149,770

14,584

448

Postalsavingsdeposits

460

460

1,0421,854

61

60

3,017

1

Depositsnot classi-

fied

19,853

42,441

62,294

3,445,3401,190

62,0542,967

3,451,557

2,247

2,247

17,06267,748

13, 58525,803

361, 681

485, 879

11

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