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ANNUAL REPORT OF THE
Comptroller of the CurrencyFOR THE YEAR ENDED
OCTOBER 31, 1934
UNITED STATES
GOVERNMENT PRINTING OFFICE
WASHINGTON : 1935
For sale by the Superintendent of Documents J^ashington, D.C. Price. $1.50 (Cloth)
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TREASURY DEPARTMENT
Document No. 3068
Comptroller of the Currency
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PageSubmission of the report 1Discussion of conditions incident to the banking holiday 1-7Suggestions for legislation 7-15National banks in the trust field:
Statement relative to 17, 18Fiduciary activities of, during year ended June 30, 1934, segregated
according to capital 19, 20Fiduciary activities of, during year ended June 30, 1934, segregated
according to population of places in which banks were located 20-23Fiduciary activities of, by Federal Reserve districts, June 30, 1934__ 24Classification of investments in living and court trust accounts under
administration by the active national-bank trust departments, onJune 30, 1934, segregated according to capital of banks and popu-lation of places in which banks were located 25
Classification of investments in living and court trust accounts underadministration by the active national-bank branches with trustdepartments on June 30, 1934, segregated according to populationof places in which branches were located 26
Fiduciary activities of branches of national banks during year endedJune 30, 1934, segregated according to population of places inwhich branches were located 27, 28
National-bank failures:Statement relative to 29-31Receiverships, year ended October 31, 1934 31, 32Receiverships, 1865-1934 33, 34Active receiverships as of October 31, 1934 34, 35Receiverships terminated, year ended October 31, 1934 35, 36Receiverships terminated, 1865-1934 36, 37Total liquidation operations, year ended September 30, 1934 37, 38Summary showing progress and results of liquidation of all national
banks placed in charge of receivers from 1865 to October 31, 1934.- 38, 39Capital, date of appointment of receiver, and percent of dividends paid
by insolvent national banks, the affairs of which were closed orrestored to solvency during year ended October 31, 1934 40-42
State bank failures in the District of Columbia:Receiverships, year ended October 31, 1934 43, 44Active receiverships as of October 31, 1934 44
Unlicensed national banks:Status as of March 16, 1933 44, 45Administration of unlicensed national banks, January 1 to October 31,
1934 45,46Administration of unlicensed national banks, March 16,1933, to Octo-
ber 31, 1934 47, 48Organization and liquidation of national banks, year ended October 31,
1934, and since establishment of system 49-51Organization of banks other than national in District of Columbia:
Industrial Bank of Washington 51Executive order authorizing formation of Export-Import Bank of
Washington 51-53Executive order authorizing formation of Second Export-Import Bank
of Washington, D. C 53-55Branches of national banks:
Statement relative to 55Number and kind of branches on February 25, 1927, and number and
manner of acquisition of additional branches, by years to close ofOctober 31, 1934 56
Number and kind of branches authorized and closed during year endedOctober 31, 1934 56
in
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rv CONTENTS
Branches of national banks—Continued. PageNumber and manner o:: acquisition of domestic branches during year p
ended October 31, 1£34, by States 57, 58Number and class of domestic branches closed during year ended Octo-
ber 31, 1934, by States 59, 60National-bank circulation:
Statement relative to 60, 61Statement of capital stock of national banks, national-bank notes,
and Federal Reserve oank notes outstanding, bonds on deposit, etc.,July 2, 1934 61, 62
Bond transactions relative to, year ended October 31, 1934 62, 63Banks issuing and not :ssuing circulation June 30, 1934 63
Redemption of national and Federal Reserve bank circulation, year endedJune 30, 1934 64
Condition of national banks at date of each call during year ended October31, 1934 64-66
Principal items of assets and liabilities of national banks, October 17, 1934_ 67, 68National-bank liabilities on account of bills payable and rediscounts at
date of each call during year ended October 31, 1934 69Loans and discounts of national banks:
Classification of, June 30, 1932, 1933, and 1934 70Classification of, by reserve cities and States, June 30, 1934 71-75Comparative statement of, as of June 30, for the last 3 years, in
central reserve and other reserve cities, all reserve cities andelsewhere 76
Comparative changes in demand and time deposits, loans and discounts,United States Government and other bonds and securities owned, andthe amount of reserve of national banks with Federal Reserve bankssince June 30, 1930 76
United States Government securities and securities guaranteed by UnitedStates as to interest and/or principal, reported by licensed nationalbanks:
Classification of, by reserve cities and States, June 30, 1934 77-81Investments of national banks:
Comparison of, June 30, 1932, 1933, and 1934 82United States Government, domestic, and foreign bonds, securities, etc.,
held by licensed national banks:Classification of, by reserve cities and States, June 30, 1934 83-87
Earnings and dividends of national banks:Summary of, year ended June 30, 1933, and 6 months ended December
31, 1933 . 88-89National-bank investments in United States Government and other bonds
and securities, etc., loans and discounts, and losses charged off onaccount of bonds and securities owned and loans and discounts, yearsended June 30, 1918 to 1933, and 6 months ended December 31, 1933__ 89
Number of national banks, capital, surplus, net addition to profits, divi-dends, and percentage radios, 'years ended June 30, 1914 to 1933, and 6months ended December 31, 1933 90
National banks classified according to capital stock, December 30, 1933:Number, loans and discounts, investments, total assets, capital, sur-
plus and undivided profits, circulation outstanding and totaldeposits of 91
Federal Reserve banks:Assets and liabilities of the 12 Federal Reserve banks combined, as of
the last weekly statement date in October 1932 to October 1934 91Principal assets and liabilities of the 12 Federal Reserve banks com-
bined, on the last weekly statement date in each month, fromJanuary 1932 to October 1934 92
New York Clearing House:Statement relative to transactions of, year ended September 30, 1934_ 93
Clearing-house associations in the 12 Federal Reserve bank cities and else-where:
Statement relative to transactions of, year ended September 30, 1934_ 93
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CONTENTS V
All active licensed banks, June 30, 1934: PageSummary of reports of condition of, by classes of banks 94-96Assets and liabilities of, by States 97-105*Assets and liabilities of, June 30, 1930 to 1934 106Principal items of assets and liabilities of, in the continental United
States, as compared with similar data for member banks of theFederal Reserve System 107
Per capita demand and time and savings deposits, by States 107, 108Savings desposits and depositors, according to classes of banks, by
States 109-114National banks, assets and liabilities of, June 30, 1930 to 1934 115Banks other than national:
List of officials of State banking departments and number of eachclass of licensed banks under their supervision in June 1934, fromwhich reports of condition were received 116, 117
Assets and liabilities of, June 30, 1930 to 1934 118State (commercial), assets and liabilities of, June 30, 1930 to 1934__. 119Loan and trust companies, assets and liabilities of, June 30, 1930 to
1934 120Stock savings:
Assets and liabilities of, June 30, 1930 to 1934 121Number of savings depositors, amount of savings deposits, and
average deposit account, by States, June 30, 1933 and 1934_. 122Mutual savings:
Assets and liabilities of, June 30, 1930 to 1934 123Number of savings depositors, amount of savings deposits, and
average deposit account, by States, June 30, 1933 and 1934__ 124Stock and mutual savings, number of savings depositors, amount of
savings deposits, and average amount due each depositor, June 30,1914 to 1934 . 125
Private:Assets and liabilities of, June 30, 1930 to 1934 126Statement relative to, not under State supervision, and required
under section 21 (a) of the Banking Act of 1933 to report toComptroller-. 126, 127
Banks in District of Columbia:Assets and liabilities of, by classes, June 30, 1934 127-129Assets and liabilities of national banks in, June 30, 1930 to 1934 130Assets and liabilities of loan and trust companies in, June 30, 1930 to
1934 131Assets and liabilities of savings and State banks in, June 30, 1930 to
1934 132Number of depositors and amount of deposits in, according to size and
class of deposit balances, October 25, 1933 132, 133Dormant accounts, etc., in, October 25, 1933 133Earnings and dividends of, other than national, 6-month periods
ended December 31, 1933, and June 30, 1934, and comparison of, inyears ended June 30, 1933 and 1934 134, 135
Building and loan associations in District of Columbia:Statement relative to 135Number of, loans, installments on shares, and total assets, years
ended June 30, 1914 to 1934 136Credit unions in District of Columbia, list of 136, 137Export-import banks in—
Statement relative to 137Assets and liabilities of, October 17, 1934 138
Building and loan associations in the United States:Statistics relative to, by States, year ended 1933 138, 139Mortgage loan investments held by, in 1932 and 1933, by States 139Failures of, each year, 1920 to 1933 140
Money in the United States:Stock of, years ended June 30, 1914 to 1934 140Imports and exports of merchandise, gold and silver, calendar years
1914 to 1933, and from January 1 to September 30, 1934 141,142Governmental corporations and credit agencies of the United States, con-
solidated statement of assets and liabilities of, September 30, 1934 143, 144Reconstruction Finance Corporation, statement of condition of, September
30 1934 145-148Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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Farm Credit Administration: PageConsolidated statement of condition of, October 31, 1934 149, X50Federal land banks, consolidated statement of condition of, Sep-
tember 30, 1934 150Federal intermediate credit banks, consolidated statement of con-
dition of, September 30, 1934 151Joint-stock land banksi, statement relative to 151, 152
Federal Home Loan Bank System:Consolidated statement of assets and liabilities of, October 31,1934_ 152, 153Home Owners' Loan Corporation, summary of operations of, from
date of organization to close of business November 29, 1934 153, 154Federal Deposit Insurance Corporation:
Preliminary condensed balance sheet, June 30, 1934 154Preliminary condensed statement of net operating expenses and losses
to June 30, 1934 155Preliminary statement of statistical data, with respect to 155Insured accounts and insured deposits, by States, for insured com-
mercial banks as of October 1, 1934 156Preliminary summary of certified statements to, as of October 1,1934_ 157
Number of depositors and amount of deposits in national banks, accordingto size and class of deposit balances, October-25,1933 158-160
Dormant accounts, etc., in national banks, October 25, 1933 158-160Pacific National Agricultural Credit Corporation, statement of assets and
liabilities of, October 17, 1934 160United States Postal Savings System:
Statistics relative to activities of, years ended June 30, 1933, and1934 161-166
School savings banking:Statistics relative to, in each State, in school years 1932-33 and
1933-34, and summary each school year since 1919-20 167, 168Expenses of the Currency Bureau:
Summary of, in the fiscal year ended June 30, 1934 169
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APPENDIXTABLES
PageNo. 1. Comptrollers and Deputy Comptrollers of the Currency 173No. 2. Names and compensation of officers and clerks in the Office of the
Comptroller of the Currency, October 31, 1934 173-175No. 3. Number of national banks organized since February 25, 1863,
number passed out of the system, and number in existenceOctober 31, 1934 175
No. 4. Authorized capital stock of national banks on the first day of eachmonth from January 1, 1930, to November 1, 1934, UnitedStates bonds on deposit to secure circulation, circulation se-cured by bonds on deposit, the amount of lawful money on de-posit to redeem circulation, and national-bank notes outstand-ing 176
No. 5. National banks reported in liquidation from November 1, 1933,to October 31, 1934, the names, where known, of succeedingbanks in cases of succession, with date of liquidation and capi-tal 177-185
No. 6. Capital stock, surplus, undivided profits, and total assets of banksconsolidated under act of November 7, 1918, as amended Feb-ruary 25, 1927, and June 16, 1933, for the year ended October31, 1934, as shown by their last reports prior to consolidation._ 186
No. 7. National banks consolidated under act of November 7, 1918, asamended June 16, 1933, capital, surplus, undivided profits, andtotal assets, year ended October 31, 1934 187
No. 8. State banks and national banks consolidated under act of Feb-ruary 25, 1927, as amended June 16, 1933, their consolidatedcapital, surplus, undivided profits, and total assets, year endedOctober 31, 1934 188
No. 9. Number and capital of State banks converted into national bank-ing associations in each State and Territory from 1863 to Oc-tober 31, 1934 189
No. 10. Conversions of State banks and primary organizations as nationalbanks from March 14, 1900, to October 31, 1934 189
No. 11. Number of national banks increasing their capital, together withthe amount of increase monthly for years ended October 31,since 1929 190
No. 12. Number and authorized capital of national banks chartered andthe number and capital stock of banks closed in each year endedOctober 31, since 1913, with the yearly increase or decrease 191
No. 13. Total number of national banks organized, consolidated under actof November 7, 1918, as amended June 16, 1933, insolvent, involuntary liquidation, and in existence on October 31, 1934__ _ 191, 192
No. 14. Changes of corporate title of national banks, year ended October31, 1934 192, 193
No. 15. Changes of corporate title incident to consolidations of nationalbanks and of State banks with national banks, year endedOctober 31, 1934 193
No. 16. National banks chartered during year ended October 31, 1934... 193-202No. 17. National banks for which increase of capital has been authorized,
under act March 9, 1933, as amended, by the issuance of pre-ferred stock which was purchased by the Reconstruction FinanceCorporation unless otherwise noted, together with the amountof increase and the rate of dividend, etc., to close of businessOctober 31, 1934 202-236
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VIII CONTENTS
No. 18. National banks chartered which are conversions of State banksduring year ended October 31, 1934 236
No. 19. National banks, by States and geographical divisions, organized,failed, and reported in voluntary liquidation during year endedOctober 31, 1934 237-239
No. 20. Number and classification cf national banks chartered monthlyduring year ended October 31, 1934 240
No. 21. Principal items of assets and liabilities of licensed national banks,classified according to capital stock, December 30, 1933 240-248
No. 22. Number and deposits of licensed national banks at close of busi-ness May 13, 1933, by Federal Reserve districts 249-251
No. 23. Number of depositcrs and amount of deposits of licensed nationalbanks, grouped according to size and class of total balances,October 25, 1933 252-271
No. 24. United States bonds on deposit to secure circulating notes ofnational banks on October 31, 1910 to 1934 272, 273
No. 25. Profit on national-bank note circulation, based upon a deposit of$100,000 United States consols of 1930, and Panama Canalloan, at the average net price, monthly, during year endedOctober 31, 1934 274
No. 26. Investment value of United States bonds—Panama Canal bondsand 2's of 1930 275
No. 27. United States bonds—Monthly range of prices in New York,November 1933 to October 1934 275
No. 28. Number, capital stock, and circulation outstanding of licensednational banks issuing circulating notes, together with thenumber and capital stock of national banks not issuing circulat-ing notes, June 30, 1934, by Reserve cities and States 276-278
No. 29. National-bank notes issued, redeemed, and outstanding, bydenominations and amounts, on October 31, each year, 1931 to1934 279
No. 30. National-bank currency issued to banks monthly from November1, 1933, to October 31, 1934, and since 1863 280
No. 31. National-bank notes received monthly for redemption during yearended October 31, 1934 ., 280
No. 32. National-bank notes received at Currency Bureau and destroyedsince establishment of System 281
No. 33. National-bank notes issued during each year 1914-34, national-bank notes of active, insolvent, and liquidated banks destroyed,total destructions for each year, and percentage of destructionsto issues 281
No. 34. Amount, denomination, and cost of national-bank currencyreceived from Bureau of Engraving and Printing, year endedOctober 31, 1934 282
No. 35. Vault account of currency received and issued by CurrencyBureau during year, and the amount on hand October 31, 1934_ 282
No. 36. Vault account of currency received and destroyed during yearended October 31, 1934 282
No. 37. Amount of currency received for redemption, by months, fromJuly 1, 1933, to June 30, 1934, and counted into the cash of theNational Bank Redemption Agency 282
No. 38. Amount of currency received, by the National Bank RedemptionAgency for redemption in year ended June 30, 1934, from prin-cipal cities 283
No. 39. Cost of redemptior. of national-bank notes during year endedJune 30, 1934 283
No. 40. Classification of Federal Reserve currency redemptions, theamount redeemed, number of notes, cost of redemption per1,000 notes, and a.mount assessed upon Federal Reserve banks,year ended June 30, 1934 283,284
No. 41. Taxes assessed on national-bank circulation, years ended June30, 1864-1934; cost of redemption, 1874-1934; and assessmentsfor cost of plates, etc., 1883-1934 284
No. 42. Federal Reserve notes outstanding according to weekly statements(amount issued by Federal Reserve agents to Federal Reservebanks less notes redeemed), and collateral security therefor,from November 1, 1933, to October 31, 1934 285
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CONTENTS IX
No. 43. Federal Reserve notes, segregated by series, printed, shipped, and Pagecanceled, issued to banks, retired, and destroyed since organiza-tion of the banks, with the balance in vaults and amount out-standing October 31, 1934 286-288
No. 44. Aggregate amount of Federal Reserve bank notes, old series,printed, issued, canceled, and redeemed, by denominations,since the inauguration of the Federal Reserve System, andamount outstanding, October 31, 1934 288
No. 44-A. Aggregate amount of Federal Reserve bank notes, series 1929,printed, shipped, and on hand; issued, retired, and outstand-ing; received for destruction by denominations, during periodMarch 9, 1933, to October 31, 1934, under the terms of section18, Federal Reserve Act, as amended March 9, 1933 289
No. 45. National banks in charge of receivers during year ended October31, 1934, dates of organization and appointment of receivers,capital at date of organization and at date of failure, dividendspaid while solvent, lawful money deposited with Treasurer ofthe United States to redeem circulation to October 31, 1934, cir-culation outstanding, borrowed money, and total deposits atdate of failure 290-331
No. 45-A. District of Columbia State chartered banks and banks incor-porated under the laws of the District of Columbia, under thesupervision of the Comptroller of the Currency, in charge ofreceivers during year ended October 31, 1934, dates of organi-zation and appointment of receivers, capital at date of organi-zation and at date of failure, dividends paid while solvent,borrowed money and total deposits at date of failure 332
No. 46. National banks in charge of receivers during year ended October31, 1934, dates of appointment of receivers and final closing,with nominal amounts of total assets at date of failure andadditional assets acquired subsequent thereto, capital stock andstock assessments, amounts collected from all sources, includingoffsets allowed and earnings, together with the disposition ofsuch collections, and various other data indicating the progressor results of liquidation to October 31,1934 334- 449
No. 46-A. District of Columbia State chartered banks and banks incor-porated under the laws of the District of Columbia, under thesupervision of the Comptroller of the Currency, in charge ofreceivers during year ended October 31, 1934, dates of appoint-ment of receivers and final closing, with nominal amounts oftotal assets at date of failure and additional assets acquiredsubsequent thereto, capital stock and stock assessments,amounts collected from all sources, including offsets allowedand earnings, together with the disposition of such collections,and various other data indicating the progress or results ofliquidation to October 31,1934 450,451
No. 47. National banks restored to solvency after having been placed incharge of receivers 452, 453
No. 48. National banks restored to solvency which subsequently becameinsolvent . 454
No. 49. Dividends paid to creditors of insolvent national banks under thesupervision of the Comptroller of the Currency, including dis-tributions by conservators as reported by receivers, duringyear ended October 31,1934 454-475
No. 50. National banks placed in charge of receivers, the affairs of whichhave been closed, by years, from April 14, 1865, to October 31,1934, with amounts of total nominal assets, capital stock,circulation outstanding, and total deposits at date of failure,together with various data indicating the results of liquidation,for those receiverships closed through liquidation 476-479
No. 51. National banks placed in charge of receivers, the affairs of whichhave been closed, by States, from April 14, 1865, to October31, 1934, with amounts of total nominal assets, capital stock,circulation outstanding, and total deposits at date of failure,together with various data indicating the results of liquida-tion, for those receiverships closed through liquidation 480-483
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No. 52. National banks unlicensed as of March 16, 1933, subsequentlyplaced in charge of conservators and remaining in charge ofconservators as of January 1, 1934, dates of and capital atorganization, capital, assets, deposits, and borrowed moneyas indicated by conservators' first reports, dates of appoint-ments of receivers and conservators, and of licenses issued toresume business, including data as to banks otherwise inliquidation, and amounts of deposits released through reorgan-izations and sales of assets to October 31, 1934 484-503
No. 52-A. District of Columbia State chartered banks and banks in-corporated under the laws of the District of Columbia,unlicensed as of March 16, 1933, subsequently placed incharge of conservators and remaining in charge of con-servators as of January 1, 1934, dates of and capital atorganization, capital, assets, deposits, and borrowed moneyas indicated by conservators' first reports, dates of appoint-ments of receivers and conservators, including data as tobanks otherwise in liquidation and amounts of deposits re-leased through reorganizations and sales of assets to October31, 1934 504
No. 53. Dates of reports of condition of national banks from 1914 to1934 505
No. 54. Condition of foreign branches of National City Bank and ChaseNational Bank, of New York, N. Y., First National Bank ofBoston, Mass., and Bank of America National Trust & SavingsAssociation, San Francisco, Calif., on June 30, 1934 506-511
No. 55. Number, capital stock, circulation outstanding, and total assets ofnational banks at date of each report from April 6, 1925, toOctober 17, 1934, together with the total amount of moneyin the United States on June 30 of each year, and the per-centage of national-bank circulation to capital, to assets, andto money in the country 512
No. 56. Abstract of reports of condition of licensed national banks in thecentral reserve cities of New York and Chicago, in otherreserve cities, and elsewhere, at close of business October 17,1934 513, 514
No. 57. Abstract of report;* of condition of licensed national banks incentral reserve and other reserve cities and country banks June30, 1934 514,515
No. 58. Classification of amounts "due from" and "due to" banks re-ported by licensed national banks, June 30, 1934 516-519
No. 59. Classification of demand and time deposits of licensed nationalbanks, June 30, 1934 520-523
No. 60. Classification of bills payable and rediscounts of licensed nationalbanks, June 30, 1934 524-526
No. 61. Classification of cash in vaults of licensed national banks, June 30,1934 527, 528
No. 62. Gold and silver coin, certificates, legal tenders, and other currencyheld by national banks at date of each call from April 6, 1925,to October 17, 1934 529
No. 63. Gold, etc., held by national banks in the central reserve city ofNew York at date of each call from April 6,1925, to October 17,1934 530
No. 64. Reserve computation of| licensed national banks, June 30, 1934_ 531-535No. 65. Total assets and liabilities of national banks from March 1930 to
October 1934 536-541No. 66. Abstract of reports of condition of national banks, according to
reserve cities and States, at date of each call during year endedOctober 31, 1934 543-657
No. 67. Abstract of reports of condition of private banks not under Statesupervision as of June 30 and October 17, 1934, by States.. 658-666
No. 68. Abstract of reports of condition of licensed national banks in eachFederal Reserve district, June 30, 1934 667-669
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No. 69. Abstract of reports of earnings and dividends of licensed national Pagebanks for the period of 6 months ended December 31, 1933- 670-680
No. 70. Abstract of reports of earnings and dividends of licensed nationalbanks, by Federal Reserve districts, 6 months ended December31, 1933 681,682
No. 71. Abstract of reports of earnings and dividends of licensed nationalbanks for the period of 6 months ended June 30, 1934 683-693
No. 72. Abstract of reports of earnings and dividends of licensed nationalbanks, by Federal Reserve districts, 6 months ended June 30,1934 694, 695
No. 73. Abstract of reports of earnings and dividends of licensed nationalbanks for the year ended June 30, 1934 696-706
No. 74. Abstract of reports of earnings and dividends of licensed nationalbanks, by Federal Reserve districts, year ended June 30,1934__ 707, 708
No. 75. Abstract of reports of licensed savings and State banks in theDistrict of Columbia at date of each call during year endedOctober 31, 1934 709
No. 76. Abstract of reports of licensed loan and trust companies in theDistrict of Columbia at date of each call during year endedOctober 31, 1934 710
No. 77. Principal items of assets and liabilities of each licensed savingsand State bank in the District of Columbia, October 17, 1934.-_ 711
No. 78. Principal items of assets and liabilities of each licensed loan andtrust company in the District of Columbia, October 17, 1934__ 712
No. 79. Principal items of assets and liabilities of savings and State banksin the District of Columbia on or about October 1,1914, to 1934_ 713
No. 80. Principal items of assets and liabilities of loan and trust com-panies in the District of Columbia on or about October 1, 1914,to 1934 713
No. 81. Individual statements of assets and liabilities of the 28 buildingand loan associations in the District of Columbia on or aboutJune 30, 1934 714, 715
No. 82. Summary of assets and liabilities December 30, 1933, and receiptsand disbursements in the 6 months ended December 31, 1933,of the 28 building and loan associations in the District of Co-lumbia 716
No. 83. Summary of assets and liabilities, June 30, 1934, and receipts anddisbursements in the 6 months ended June 30, 1934, of the 28building and loan associations in the District of Columbia 717
No. 84. Individual statements of assets and liabilities of the 22 creditunions in the District of Columbia, June 30, 1934 718
No. 85. Summary of assets and liabilities, December 30, 1933, and receiptsand disbursements in the 6 months ended December 31, 1933,of the 18 credit unions in the District of Columbia 719
No. 86. Summary of assets and liabilities, June 30, 1934, and receipts anddisbursements in the 6 months ended June 30, 1934, of the 22credit unions in the District of Columbia 719
No. 87. Abstract of assets and liabilities of licensed State (commercial)banks June 30, 1934 720-727
No. 88. Abstract of assets and liabilities of licensed loan and trust com-panies June 30, 1934 728-735
No. 89. Abstract of assets and liabilities of licensed stock savings banksJune 30, 1934 736-739
No. 90. Abstract of assets and liabilities of licensed mutual savings banksJune 30, 1934 740-743
No. 91. Abstract of assets and liabilities of licensed private banks June 30,1934 744-747
No. 92. Abstract of assets and liabilities of licensed State (commercial),savings, and private banks, and loan and trust companiesJune 30, 1934 748-755
No. 93. Abstract of assets and liabilities of licensed national banks June30, 1934 756-763
No. 94. Supplemental abstract of assets and liabilities of private banksnot under State supervision June 30, 1934 764-767
No. 95. Abstract of assets and liabilities of all active State and privatebanks on or about June 30, each year, 1914 to 1934 768
No. 96. Abstract of assets and liabilities of all active national banks on orabout June 30, each year, 1914 to 1934 769
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XII CONTENTS
No. 97. Abstract of assets and liabilities of all active banks on or aboutJune 30, each year, 1914 to 1934 770
No. 98. Statement of the transactions of the New York Clearing Housefor 81 years, and separately for each year, 1914 to 1934, thenumber of banks, aggregate capital, clearings, balances, aver-age daily clearings and balances, and the percentage of balancesto clearings 771
No. 99. Exchanges, balances, percentages of balances to exchanges, andpercentages of funds used in settlement of balances by theNew York Clearing House in each year from 1914 to 1934 771
No. 100. Exchanges of the clearing houses of the United States for eachyear ended September 30, 1914, to 1934 772
No. 101. Comparative statement of the exchanges of the clearing housesof the United States for the years ended September 30, 1934,and 1933 772-775
No. 102. Comparative statement of transactions of clearing house asso-ciations in the 12 Federal Reserve bank cities and in othercities with transactions of $1,000,000,000 and over in yearsended September 30, 1934, and 1933 776
No. 103. Number, capital, deposits, and total assets of licensed and un-licensed national banks, by Federal Reserve districts, March 5,June 30, and October 17, 1934 776-781
No. 104. Bank suspensions, by States, January 1 to March 15, 1933__ 782, 783No. 105. Bank suspensions, 1864 to 1933 784No. 106. Bank suspensions and nonlicensed banks placed in liquidation
or receivership, by States, March 16 to June 30, 1933 785, 786No. 107. Bank suspensions and nonlicensed banks placed in liquidation
or receivership, by States, July 1 to December 31, 1933 787, 788No. 108. Bank suspensions and nonlicensed banks placed in liquidation
or receivership, by States, January 1 to June 30, 1934 789, 790No. 109. Bank suspensions and nonlicensed banks placed in liquidation
or receivership, by States, in year ended June 30, 1934 791, 792No. 110. Bank suspensions, March 16 to June 30, 1933, and year ended
June 30, 1934 .—-.-.-.- .—.-- r 7 9 3
TABLE L. Statements of assets and liabilities of the individual licensed nationalbanks (and private banks not under State supervision) at close ofbusiness December 31, 1934, arranged alphabetically by States,Territories, and towns. (Omitted from this report and publishedas a separate table.)
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REPORT
OF THE
COMPTROLLER OF THE CURRENCY
TREASURY DEPARTMENT,OFFICE OF THE COMPTROLLER OF THE CURRENCY,
WashingtonJ D. C.} January 3, 1935.SIR: I have the honor to submit the following report, in accordance
with the provisions of section 333 of the United States Revised Stat-utes, covering the activities of the Bureau of the Comptroller of theCurrency during the year ended October 31, 1934. This Bureau wasorganized under an Act of Congress passed February 25, 1863. Thisis the seventy-second report made to Congress since the organizationof the Bureau.
The Bureau of the Comptroller of the Currency has operated ata profit. For the fiscal year ended June 30, 1934, national bankspaid a tax on circulation amounting to $4,518,904. The amountpaid out from Congressional appropriations amounted to $642,333,leaving a profit to the Government of $3,876,571.
There is little evidence remaining of the collapse in March 1933 ofthe banking structure of the Nation. The entire system has beenrebuilt. The seriousness of the situation was apparent to the Presi-dent and to Congress. The never-to-be-forgotten proclamation ofthe President declaring a banking holiday, his request to Congressfor remedial legislation, and the immediate and patriotic response ofCongress, are familiar to all. The credit for the remarkable restora-tion of the banking structure of the Nation as shown in this reportmust go to the President, who devised the plan for rehabilitation, andto Congress which immediately adopted it and provided sufficientappropriations to carry it to a successful conclusion.
The execution of the Emergency Banking Act was entrusted to theTreasury Department, and particularly to the Bureau of the Comp-troller of the Currency. The various steps taken to put into effectthe provisions of the act are set forth in detail in the report of theComptroller of the Currency for 1933.
Since the banking holiday, three main problems have confrontedthis Bureau: First, the task of reopening 1,417 banks under the juris-diction of the Bureau which were not licensed at the conclusion ofthe banking holiday (this Bureau has jurisdiction over all nationalbanks and all banks, State or National, located in the District ofColumbia); secondly, the distribution of dividends to depositors inreceivership banks; and, thirdly, the approval of the sale of preferredstock by national banks. The first and third of these problems wereentirely new to the Comptroller's Office.
These 1,417 unlicensed banks under the jurisdiction of the Comp-troller of the Currency had a deposit liability of $1,971,960,000.
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All except five of these have been either reopened, voluntarily liqui-dated, or placed in receivership.1 These 5 banks have $6,438,000 indeposits, or three-tenths of 1 percent of the total deposits in the 1,417banks and all 5 of them have plans approved for reorganization.A brief summary of the disposition of these 1,417 banks may proveinteresting: 1,088 banks, with deposits of $1,802,086,000, werereorganized under old or new charters, or absorbed by other nationalbanks; 30 banks went into voluntary liquidation, paying in full$11,204,000 to their depositors; 294 banks, representing $152,048,000in deposits, were placed in receivership. Seven of these 294 receiver-ship banks, with deposits of $3,537,000, have plans approved forreopening. The deposit liability in these receivership banks has beenreduced by the payment to the depositors of $49,029,304, leaving abalance of deposit liability in these banks of $103,018,696 afterdeducting the amount in the banks approved for reopening and divi-dends paid. This remaining balance due to depositors represents5.2 percent of the amount frozen in the 1,417 banks unlicensed at theconclusion of the banking holiday.
Since the banking holiday there has been distributed to depositorsin all closed banks under the jurisdiction of this Bureau, includingthose for which receivers were appointed prior to the banking holiday,the sum of $612,854,783. Of this amount $596,289,062, or 55.1 per-cent of the amount due, was paid to depositors in banks for whichreceivers were appointed following the banking holiday.
As of March 4, 1933, there were 1,067 national banks, including theDistrict of Columbia State banks, in receivership and in process ofliquidation. During the period of the banking holiday, receiverswere appointed for 4 additional banks with deposits of $2,826,741,and one receivership with deposits of $493,803 was finally liquidatedand closed, leaving 1,070 national and District of Columbia Statebanks in receivership as of March 16, 1933, with deposits at date ofsuspension amounting to $889,800,000. Of these total deposits,$461,500,000 had been paid to depositors up to December 31,1934, or51.8 percent of the total amount due the depositors of such banks. Ofthe 1,070 banks in receivership as of March 16,1933, 946 still in processof liquidation as of December 31. 1934, with deposits at suspension of$816,000,000, had paid to depositors a total of $414,000,000, or 50.7percent, of the amount due them.
A plan has been worked out between Hon. Jesse H. Jones, Chairmanof the Reconstruction Finance Corporation, and this Bureau for com-pleting the liquidation of receivership banks which have assets valuedat $30,000 or less. The Reconstruction Finance Corporation willloan to the receiver the full amount of the appraised value ofthe assets less estimated intereist and collection charges, take thereceiver's note, and hold the assets as collateral. The receiver is thenauthorized to sell the assets of his trust, subject to the loan from theReconstruction Finance Corporation, to a depositors7 committee fora nominal consideration, whereupon the receiver is instructed to ter-minate his trust immediately. The Reconstruction Finance Corpora-tion will liquidate the assets until the loan has been fully repaid, andany remaining assets will be returned to the depositors' committee,which will complete liquidation in the interest of the depositors.The first trust to be handled in this manner was at Milton, N. Dak.
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The plan has met with hearty approval in all parts of the country.There are approximately 400 trusts which it is hoped can be disposedof in this manner, and then the plan may be extended to other trusts.
National-bank receiverships are conducted with a maximum ofefficiency and a minimum of expense. From the date of the firstfailure of a national bank in 1865 to October 31, 1934, national banksplaced in receivership numbered 2,908. Of these, 1,219 had beencompletely liquidated and their affairs closed. Expenses incident tothe administration of these 1,219 closed trusts, such as receiver'ssalaries, legal and other expenses, amounted to 3.86 percent of thebook value of the assets and stock assessments administered or 7.39percent of collections from assets and stock assessments. In otherwords, about 93 cents out of every dollar collected by receivers wentto creditors.
The importance of strengthening the capital structure of banks, aswell as of making funds available for credit purposes, was quicklyrecognized and the work done along these lines represents one of thestriking contributions made by the Administration to banking re-covery. Preferred stock in the amount of $491,215,050 has been soldby 1,975 national banks, $419,313,925 of which was purchased by theKeconstruction Finance Corporation and $71,901,125 in the variouscommunities where the banks were located. In addition, the capitalstock of 128 national banks has been further strengthened by the saleof $16,895,276 in new common stock, and approximately 300 nationalbanks have plans of recapitalization formally approved by the Officeof the Comptroller of the Currency not yet consummated. When theprovisions of these plans have been complied with, it will involve theapproximate sum of $56,000,000 for additional capital strengthening.
At the close of the banking holiday there were 4,522 active nationalbanks with deposits of $16,315,586,000 under the jurisdiction of theComptroller's Office. There are now 5,490 licensed banks withdeposits of $20,906,176,000. This represents a gain of 968 banks and$4,590,590,000 in deposits.
One of the important and serious questions before the Comptrollerwas the proper appraisal of assets in going banks. Manifestly, it wasunfair to appraise assets on a present cash market basis, and evenwhere there were established market quotations, they could easilyhave been broken by forced liquidation. Appreciating this fact, theComptroller sent the following instructions to all chief national-bankexaminers on October 26, 1933:
After the bank holiday, national-bank examiners were largely engaged in theexamination of banks which did not receive a license for the purpose of reorgani-zation. It appears that some examiners in making examinations of licensed nationalbanks have become what might be termed "reorganization minded" and havelost sight of the President's recovery program and its relation to licensed banks.It is the administration's desire that credit channels be opened through licensedbanks and this policy cannot be accomplished if examiners follow a deflationpolicy in examinations. We are all concerned in having solvent banks, but thereis a wide distinction between the potential and intrinsic value of assets of a goinginstitution, and liquidating values. Examiners in appraising and classifyingassets of licensed banks will not apply liquidating values, but will appraise on thebasis of fair values on a recovery basis. As an example, in dealing with bankbuildings, the examiner must realize that a bank building of a going bank hasan intrinsic value, as distinguished from present depressed values, which, com-bined with the element of recovery, may fully substantiate the carrying valuegiven to it by the bank. The same is true of mortgages, and in this connectionthe examiners should familiarize themselves with the instructions given with
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respect to real-estate mortgages by the Federal Deposit Insurance Corporationto its examiners.
You will advise examiners who are examining licenced banks of this policy andsee that it is carried out. Any examination now in process, or any future examin-ation, will be governed by these instructions and where an examination has beencompleted, the examiner making the report will review the report on the abovebasis and rewrite such report if found necessary. If the examiner is not nowavailable, it may be necessary to make a new examination on the proper basis.
I t was found that in some few instances bank examiners had notfully comprehended these instructions, and supplemental instructionswere sent to all chief national-bank examiners on March 13, 1934, asfollows:
Reports of examinations received by this office recently, clearly indicate thatsome few of the examiners throughout the country have not fully grasped themeaning of instructions communicated to the chief examiners under date ofOctober 26, 1933, and are making more drastic classifications of assets of thebanks examined by them than is necessary under the circumstances, and moresevere than is contemplated by the instructions contained in office letter referredto above.
If there are in your Federal Reserve district any examiners who, in youropinion, are making unnecessarily drastic classifications of assets, please conferwith them promptly, looking toward having their classifications as lenient ascircumstances in each case will permit and in order that they will be in accordwith the policies of this office.
While you are familiar with the character of examinations made by yourexaminers, it is suggested that in determining whether or not any of them are toosevere in their classifications, you give particular attention to their appraisals ofbanking houses, furniture and fixtures, and loans secured by real estate.
For the first time in t tie history of the Bureau a survey was madefrom the 1934 reports of the national bank examiners. As is wellknown to bankers, examiners classify loans under three headings—slow, doubtful, and loss. There is little room for argument whenassets are placed in the loss column, and very little question arisesregarding the items in the doubtful column. The slow column attractsthe most attention and controversy. An examination of the reportson 5,275 banks filed in the Office of the Comptroller of the Currencyreveals the following interesting figures: The total amount of loanswas $7,740,596,000. The examiners placed 2.88 percent of these loansin the loss column, 4.19 percent in the doubtful column, and 27.05percent in the slow column. It is indeed remarkable that within soshort a time after the greatest banking catastrophe in the history ofthis Nation, less than 3 percent of the loans in national banks shouldbe placed in the loss column and only 4.19 percent in the doubtfulcolumn. These figures speak with greater emphasis than any words.Before the State convention of bankers at Louisville, Ky., on Sep-tember 12, 1934, the following definition of slow paper was given:"The items placed in the slow column are merely 'flagged.' In otherwords, the attention of the bank officials is called to these items withthe suggestion that they be watched. No suggestion is conveyed orimplied that the borrower should be requested to pay the same. Theyare therefore considered slow loans. This is our interpretation unlessthe examiner in his report makes specific criticisms of particular itemsin the slow column/'
There has been considerable controversy and some misunderstand-ing with reference to the examination of banks and many people areunder the impression that there is a duplication of examinations.Only two organizations in Washington examine banks at the presenttime. The Bureau of the Comptroller of the Currency examines all
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national banks, and no other examiner makes an examination of anational bank except upon a written agreement between the nationalbank and the Reconstruction Finance Corporation. No one willdeny the right of a bank to permit an examination by another agencyof the Government. A national bank is examined twice a year.
With reference to the examination of State banks which aremembers of the Federal Reserve System, there are the followingstatutory provisions:
Section 5240 of the National Bank Act, as amended: The Comptroller of theCurrency, with the approval of the Secretary of the Treasury, shall appointexaminers, who shall examine every member bank at least twice in each calendaryear and oftener if considered necessary: Provided, however, That the FederalReserve Board may authorize examination by the State authorities to beaccepted in the case of State banks and trust companies and may at any timedirect the holding of a special examination of State banks or trust companies thatare stockholders in any Federal Reserve bank. * * *
In" addition to the examinations made and conducted by the Comptroller ofthe Currency, every Federal reserve bank may, with the approval of the Federalreserve agent or the Federal Reserve Board, provide for special examination ofmember banks within its district. * * *
Section 11 of the Federal Reserve Act: The Federal Reserve Board shall beauthorized and empowered to examine at its discretion the accounts, books, andaffairs of each Federal reserve bank and of each member bank and to requiresuch statements and reports as it may deem necessary.
The Federal Deposit Insurance Corporation does not examine banksin the sense that the Comptroller of the Currency and the FederalReserve Board examine them, since the Corporation has no super-visory functions.
The law provides that all State banks which make application forinsurance shall be solvent. Therefore, the only question to bedetermined by a Federal Deposit Insurance Corporation representa-tive is whether the assets are sufficient to pay the bank's liabilities.To be eligible for insurance, the bank need have no capital structureunder the existing law, and the Corporation has no visitorial powers.
It is clear, therefore, that the representatives of both the Recon-struction Finance Corporation and the Federal Deposit InsuranceCorporation are not examiners in the true sense of the word. Anexamination of a bank implies criticism and suggestions as to itsloans, an examination of all of its books and records, including theminutes of the corporation, to determine if all of the provisions of theNational Banking Act have been complied with, as well as a deter-mination of the question of solvency. None of these questions iswithin the jurisdiction of the representatives of either the Reconstruc-tion Finance Corporation or the Federal Deposit Insurance Corpora-tion. In fact, Congress has been careful to exclude examination ofnational banks except as provided by statute, section 5241, whichreads as follows:
No association shall be subject to any visitorial powers other than such as areauthorized by this title, or are vested in the courts of justice.
This is the proper place to say a word abput the national bankexaminers and their assistants. Political considerations do not enterinto the appointment of a national bank examiner. No nationalbank examiner has been appointed during my term of office exceptfrom the ranks of assistant examiners, and then only after a carefulreview of his record as an assistant examiner and upon the successful
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passing of a written and oral examination. I do not know and havenot inquired into the politics of any examiner appointed during myincumbency. Examiners are appointed by the Comptroller of theCurrency and approved by the Secretary of the Treasury after acareful and thorough investigation of their record by both of theseofficials. Not an examiner has been removed for cause during myterm, and only one vacancy has occurred among the 12 chief nationalbank examiners, and that by voluntary resignation to accept a morelucrative position. The chief examiners and the examiners havemaintained the highest traditions of their profession and have reflectedcredit upon this Bureau and the Treasury. They have neither fearedcriticism nor yielded to temptation. They realize their duty andresponsibility to the depositors. I have had under consideration forsome time a partially perfected plan providing for a pension for exam-iners. This plan has not yet been developed sufficiently to be pre-sented for consideration, but my conviction is that these men shouldnot only feel secure in their positions but should be protected intheir declining years.
The Banking Act of 1933 designated the Comptroller of the Cur-rency as a member of the Board of Directors of the Federal De-posit Insurance Corporation. The organization of this corporationwas covered rather fully in the Comptroller's annual report for 1933.Hon. Walter J. Cummings of Illinois, the first chairman of the Board,presented his resignation to the President on January 10, 1934, to beeffective on the date of appointment of his successor. Hon. Leo T.Crowley of Wisconsin was appointed to fill the vacancy and took hisoath of office on February 21, 1934, The present members of theBoard are Hon. Leo T. Crowley, chairman, Hon. E. G. Bennett ofUtah, and the Comptroller of the Currency. When the Comp-troller's report for 1933 was written, high hopes were expressed forthe success of the Federal Deposit Insurance Corporation and theyhave been more than justified. On January 1, 1935, there were14,248 banks, with insured deposits well in excess of 16 billion dollars,which had completed all membership requirements, and 9 which wereapproved for membership subject to completion of such requirements.The insurance of bank deposits went into effect on January 1, 1934,and from that date up to and including January 1, 1935, only onelicensed national bank, the First National Bank of Lima, Mont.,has been placed in receivership. Its deposits of approximately$40,000 were completely covered by insurance. Up to January 1,1935, eight insured nonmember State banks were placed in receiver-ship with total deposit liabilities of approximately $1,850,000. TheFederal Deposit Insurance Corporation promptly met its responsi-bility in these instances as soon as the institutions were surrenderedby the State authorities. There were 49 State banks which werenot members of the Corporation which have failed from January 1,1934, to January 1, 1935.
It is interesting to compare the record for 1934 with that of the12 years from 1921 through 1932 when 10,816 banks, with aggregatedeposits of $4,885,126,000, failed in the United States. In otherwords, the average number of failures per year during the 12 yearswas 901, with average deposits of $407,093,833, as contrasted with58 bank failures during 1934, 9 of which banks were members of theFederal Deposit Insurance Corporation.
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It is difficult to estimate what this Corporation has contributedto the recovery program of the Administration. It has inspiredconfidence in banks and has eliminated fear in the depositor's mind.The Government of the United States has made a liberal contributionto the capital structure of this Corporation, which makes it virtuallya special partner with the banks in protecting the depositors. Nu-merous changes will doubtless be made in the law to strengthen and tocomplete the plan approved by the Congress of the United States.While one-half of 1 percent has been levied upon the insurable depositrisk, only one-fourth of 1 percent has been collected, and this amountwould seem sufficient for some time to come.
SUGGESTIONS FOR LEGISLATION
Under the provisions of Revised Statutes 333 as amended, UnitedStates Code, title 12, section 14, the Comptroller is required to includein his annual report to Congress " Any amendment to the laws relativeto banking by which the system may be improved, and the security ofthe holders of its notes and other creditors may be increased." Onpages 8 to 16, inclusive, of the Comptroller's annual report for theyear ending October 31, 1933, issued January 3, 1934, certain detailedrecommendations were made as to corrective and clarifying legislation,not only as to the national banking laws in general but as to the Bank-ing Act of 1933 in particular, and bills embodying such recommenda-tions in great part were approved by the Senate and House Bankingand Currency Committees, but Congress adjourned before actioncould be obtained thereon by way of adoption or rejection. Withoutrepeating the recommendations of the previous report, attention isagain called to them, and the recommendation is made that the actioninitiated in the last session of Congress with respect to putting theminto effect be completed as soon as may be possible.
Additional recommendations arising out of experience in adminis-tering the Banking Act of 1933 during the past year, as well as recom-mendations as to other provisions of law affecting national banks,are as follows:
1. Section 23 of the Revenue Act of 1934, paragraph (b), providesfor certain deductions from gross income. It is understood thatState banks which have sold capital notes or debentures to the Re-construction Finance Corporation may under this paragraph deductinterest paid thereon in computing their net income for taxablepurposes.
National banks in strengthening their capital structure have issuedpreferred stock to the Reconstruction Finance Corporation, payingdividends thereon, which payment of dividends is substantiallyequivalent to the payment of interest made by State banks on capitalnotes sold by them to the Reconstruction Finance Corporation. Inboth cases a common object was in view, namely, strengthening capitalstructure, but the two methods of so doing were necessary because inmany cases State banks could not issue preferred stock or stock with-out assessment liability. Since national banks cannot deduct thedividends paid on preferred stock to the Reconstruction FinanceCorporation from their gross income for tax purposes, it is manifestthat they are placed at a disadvantage as compared with the Statebanks. It is accordingly suggested that paragraph (p) of section 23
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of the Revenue Act of 1934 be amended by making an additional ex-ception in the case of banks to the extent that they have paid dividendson preferred stock to the Reconstruction Finance Corporation.
2. Section 11 (b) of the Banking Act of 1933 prohibiting paymentof interest on demand deposits, with certain exceptions, shouldinclude the added exception of demand deposits of trust funds uponwhich interest is required to be paid by fiduciaries under State law.This is necessary to enable national banks to comply with State lawand to put national banks on a parity with State banks in competingfor fiduciary appointments.
3. Section 12, amending section 22 of the Federal Reserve Act byadding section (g) thereto, pi-ohibits loans to executive officers ofmember banks but provides that "loans heretofore made to any suchofficer may be renewed or extended not more than two years from thedate this paragraph takes effect, if in accord with sound bankingpractice.7' A great many inquiries have been received as to the effectof this legislation in the event the executive officer in question isunable to pay his indebtedness at the expiration of the two-yearperiod; that is, by June 16, 1935. It is not clear from the section asworded whether the bank or the executive officer will be considered ashaving violated the act and will become subject to the penal provisionsthereof in the event such loan is not paid at that time. It furthermoreis not stated whether or not the executive officer in question mustresign his executive position if the loan is unpaid and is not extended orrenewed. There is some doubt as to whether or not the bank shouldtake the position that such loans must be carried as past-due paperand charged off as bad debts within the provisions of R. S. 5204 that"All debts due to any association, on which interest is past due andunpaid for a period of six months, unless same are well secured, andin process of collection, shall be considered bad debts/' There areother cases where a bank holds the mortgage indebtedness of anexecutive officer incurred prior to June 16, 1933, with a maturityexpiring after June 16, 1935, as would be the case of a three- or five-year mortgage. Since this obligation is not due and payable by June16, 1935, is either the bank or the executive officer, under the pro-visions of this section of the law, required to take any action on June16, 1935, relative to the disposition or payment of this indebtedness inorder to avoid violating the criminal provision of this section? Thetwo-year period for elimination of executive officer loans was placedin the act with the apparent belief that general conditions would per-mit such elimination in that time. Conditions have not, however,made it possible for such loans to be eliminated, creating a situa-tion whereby the act should be amended to extend the time three moreyears, with the proviso that in each case where an extension or renewalis made the board of directors shall satisfy themselves that suchextension or renewal is in the best interest of the bank, and that theofficer concerned has made reasonable effort to reduce his obligation,such finding to be evidenced by a resolution of the board of directorsspread upon the minute books of the bank.
4. Section 13 of the Banking Act of 1933, being section 23 (a) ofthe Federal Reserve Act, provides certain restrictions and conditionsunder which member banks may have dealings with their affiliates.In connection with the restriction on amount of loans to affiliatesunder this section, numerous cases have arisen of loans to affiliates
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made prior to the enactment of this law, which loans were in excess ofthe restrictions of this statute. Frequently the amount of theseloans and the circumstances of their creation are such that, though theloans are reduced at their maturity, it is necessary as a practicalmatter to extend or renew. While the section does not specificallyprovide that upon extension or renewal such loans must be reduced inconformity with the limitations in amount provided by the section,this office has placed such construction upon the section due to thefact that no express provision is made for extensions or renewals ofexisting obligations of affiliates such as is specifically provided undersection 12 of the Banking Act of 1933 which permits extensions andrenewals without requiring reduction of loans made to executiveofficers of member banks.
In view of the prohibition of the section against " extension of creditto" affiliates except within certain limitations and subject to theobtaining of a prescribed type of collateral security, banks have beenprevented from obtaining the benefit to be derived through an affiliaterelieving the bank of objectionable paper, real estate, or other assetsby purchase thereof, in cases where the affiliate is unable to makeimmediate payment in full in cash but is willing to give its obligationfor the purchase price, which obligation, due to the size of the trans-action, would exceed in amount the 10-percent limitation providedby the section.
This section states that its provisions shall not apply to any affiliate" engaged solely in holding the bank premises of the member bankwith which it is affiliated." It has long been the custom recognizedas permissible by the courts for banks to construct and use buildingsto be occupied by the bank in its business, but these buildings alsocontain a great amount of office space to be leased out to others toprovide an income to the bank. In those cases where an affiliatecorporation owns the building occupied by the bank, a similar condi-tion exists with respect to same being occupied by other tenants withresulting activities of the affiliate corporation involved. The affiliatecorporation may invest the income received from the building in secu-rities of various types. It is difficult to determine whether or not bythe use of the words, "engaged solely in holding the bank premises",such affiliate corporation can properly claim the exemptions providedthereunder. It is not believed that Congress had in contemplation astrict construction which would limit the exemption to an affiliatecorporation owning and operating premises exclusively occupied bythe bank or engaged in investing and reinvesting in securities theassets of the corporation or income derived from the bank building.
It is believed that the limitation on loans to affiliates, and theprovision that they must be secured in any event by a certain typeof collateral should not apply in case of loans to an affiliate where theaffiliate relationship has arisen out of a bona-fide debt contractedprior to the date of the creation of the affiliate relationship. Banksfrequently obtain stock control of corporations through foreclosure ofstock collateral. The recovery to be made by the bank often de-pends upon the continued operation of the corporation, with a con-sequent advance of funds thereto by the bank, for which advancethe corporation, due to its financial condition, is unable to providethe prescribed type of collateral, and which corporation under thecircumstances is unable to obtain loans from other banks. It be-
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comes a salvage operation for the bank holding the stock control,and removal of the limitations of the section is advisable under suchcircumstances.
5. Section 18 of the Banking Act of 1933 amends Revised Statutes5139 by providing that no certificate representing stock of the bankshall represent the stock of any other corporation except a memberbank or one engaged solely in holding the bank premises, nor shallthe ownership, sale, or transfer of such certificate be conditioned inany manner upon the ownership, sale or transfer of stock of any othercorporation except a member bank.
Our comments under section 4 above relative to the intent ofCongress as to when a corporation is to be considered as " engagedsolely in holding the bank premises " are similarly applicable here.
Considerable difficult}' has been encountered in determining whatsteps must be taken to comply fully with the provisions of thissection, particularly thai} part thereof which provides that the owner-ship, sale, or transfer of bank stock shall not in any manner be con-ditioned upon ownership, sale, or transfer of a certificate representingthe stock of another corporation. Difficulty arises ordinarily in caseswhere a corporation has, been organized to relieve the bank of non-conforming assets or large amounts of real estate taken for debts pre-viously contracted, and the stock of this corporation is trusteed forthe benefit of the bank's shareholders. There are many other situa-tions where such condition arises, and from a practical standpoint thereseems to be no need for a complete divorcement of this corporationfrom the bank, particularly if the corporation is not engaged in thetype of activities described in section 20 of the Banking Act of 1933,which section defines which affiliates of member banks must be di-vorced by June 16, 1934. This office has construed section 20 asdefining for the purposes of the Banking Act of 1933 the type ofcorporations which must be divorced from the bank, and has beenof the opinion that section 18 here under discussion should not byimplication, and does not by its express language, require divorcingof any affiliate not falling within the type defined in section 20. Wehave expressed our opinion that section 18 requires only that the bankeliminate from its stock certificates any provision that may appearthereon to the effect that the certificate represents stock of the othercorporation or any provision that the ownership, sale, or transfer ofthe bank's stock is conditioned upon the ownership, sale, or transferof the stock of the other corporation. In cases of an affiliate relation-ship, as above referred to, whereby trustees are holding stock of theother corporation in trust for the shareholders of the bank under atrust agreement which makes the stock of the other corporationtransferable only, as and when, the bank stock is transferable, it hasbeen our opinion that compliance with this section does not requirea dissolution of such trustee arrangement or its modification so as topermit the stock of the other corporation to be transferred independ-ently of the stock of the bank. This position has been taken for tworeasons. The trust agreement in question frequently is of such typethat it is not revocable or subject to amendment, at least at theinstance of the bank. Consequently, the bank has no controlover the situation. Secondly, it is frequently desirable that theaffiliate relationship be permitted to continue under the circum-stances of a particular case, whereas dissolution of the trust instru-
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ment or amendment thereof would make possible the destruction ofthe affiliate relationship through separation of the stockholdinginterests. The Banking Act of 1933 through its provisions recognizesrepeatedly that there is no objection to banks having certain typesof affiliates. The objectionable types are specified in section 20, beingthose engaged primarily in security dealings.
This section should accordingly be amended in such a way as tostate clearly that it does not operate to prevent the ownership, sale,or transfer of stock of any other corporation being conditioned uponthe ownership, sale, or transfer of a certificate representing stock of anational banking association.
6. Section 19 of the Banking Act of 1933, amending RevisedStatutes 5144, prohibits a holding company from voting on anyquestion submitted at meetings of shareholders, unless it shall haveobtained a voting permit from the Federal Reserve Board. In orderto obtain such permit, extensive data must be furnished, sometimesinvolving great expense on the holding company, and certain obliga-tions must be undertaken by it, all of which matters are of no practicalmateriality where the bank is going into voluntary liquidation.Revised Statutes 5220 requires a vote of two-thirds of the bank'sshareholders in order for the bank to go into liquidation. If a holdingcompany is unable or unwilling to comply with the requirements asnow laid down for the obtaining of a voting permit, or even thoughwilling is unable to obtain such permit, the resulting inability of theholding company to vote its shares prevents the obtaining of a two-thirds vote and prevents the bank from going into voluntary liquida-tion where there is desire or necessity therefor. It is accordinglyrecommended that a holding company affiliate be exempted from therequirement of obtaining a voting permit to vote upon the question ofplacing the association into voluntary liquidation.
7. Under section 16 of the Banking Act of 1933 there is a provisionthat the limitations and restrictions contained in that section as todealing in, underwriting, and purchasing for its own account invest-ment securities, shall not apply to obligations of the United Statesand various other types of securities therein described. This provisionhas been construed as an authorization to national banks to deal in,underwrite, and purchase for their own accounts, such types ofsecurities particularly specified in the section.
However, section 21 (a) (1), which is not framed as an amendmentto the National Bank Act or as an amendment to the Federal ReserveAct in so many words, nevertheless prohibits any firm, corporation,association, business trust, or similar organization, engaged in thebusiness of issuing, underwriting, selling, or distributing securities,from receiving deposits subject to check or payment upon the requestof the depositor. Literal application of the language of this sectiontaken by itself has given the impression to some that it operates toprohibit national banks from engaging in the very activities permittedto them under section 16 of the Banking Act of 1933 as above pointedout. This office has construed section 16 as governing in this situa-tion, insofar as national banks are concerned, but the apparent conflictbetween the two sections should be eliminated.
8. Section 21 (a) (2) of the Banking Act of 1933 prohibits any firm,corporation, association, business trust, or similar organization other
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12 REPORT OF THE COMPTROLLER OF THE CURRENCY
than a financial institution or private banker, subject to examinationand regulation under State or Federal law, from engaging in thebusiness of receiving deposits unless it shall submit to periodic exam-ination by the Comptroller of the Currency or by the Federal ReserveBank of the district, and shall make and publish periodic reports ofits condition.
This section in its present form is apparently incomplete in vitalrespects and presents many administrative difficulties in addition tothose referred to in the Comptroller's report for 1933.
No specific provision is made for payment of the cost of the ex-amination referred to. It has been the position of this office that itcannot use funds collected from assessments on national banks fortheir examination, to pay the expense of examination of institutionsunder this section, and that by implication Congress intended thatthe institution submitting to examination thereunder should bear thecost thereof. Our position has been controverted by some of theseinstitutions and any doubt on the question should be eliminatedthrough amendment of i:he section. The section makes no provisionor gives no direction as to what is to be done by this office beyondmaking examination and calling for reports. If it was intended thatsuch examination and reports should be used as a basis for supervisoryregulation, similar to that exercised by this office over national banksand by State banking authorities over State banks, the act fails soto state. If it is not intended that this office shall have power torequire correction of situations dangerous to depositors of such insti-tutions or of forcing them into liquidation where they appear to behopelessly insolvent, then it is not apparent what purpose is attainedby making examination and requiring reports of their condition.
Any contemplated amendment of this section giving part or allof the foregoing supervisory powers should be made with a view tothe fact that with very few exceptions, banking institutions whichcome under this section Eire operated by individuals or by partnershipswith the result that examination as to the condition of the institutioninvolves taking into consideration not only the specific assets andliabilities of the business entity but also all other assets of the indi-viduals conducting the business as individuals or as partners, and allof the liabilities thereof.
This is necessary because of the general rule of individual liabilityof partners for all partnership obligations and because the depositorsof the banking institution would also have to share with all othercreditors of the partners in the available assets of those conductingthe business. Any proposed scheme of forced liquidation where itappears that continuance of the business is dangerous to depositorswould in consequence necessarily involve not only liquidation of thebanking business in which the partners are concerned but would appearto involve a typical bankruptcy proceedings embracing an adjustingof the rights and interests of all creditors of the partners or of theindividuals involved, regardless of whether or not they dealt withthe private banking institution. This would involve conflicts withexisting bankruptcy laws and apparently would have effects farbeyond those incidental to the liquidation of a bank operating incorporate form.
9. Section 22 of the Banking Act of 1933 relieves shareholders ofnational banks from the additional liability imposed by Revised
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REPORT OF THE COMPTROLLER OF THE CURRENCY 1 3
Statutes 5151, as amended, and section 23 of the Federal Keserve Act,as amended, with respect to shares issued after the date of the enact-ment of the Act. Bills were presented in the last session of Congressto extend this relief to all outstanding shares of stock of national bank-ing associations, regardless of date of issue.
In the event it is determined to completely eliminate this assess-ment liability of shareholders, it is suggested that serious considera-tion be given to providing for increasing the surplus of national bank-ing associations until same equals the amount of its common capitalstock, thereby restoring to the bank's creditors the protection nowgiven by the potential assessment liability of the shareholders andmaintaining a sound banking structure.
10. Revised Statutes 5243 prohibits persons or corporations doingthe business of bankers, brokers, or savings institutions except whereauthorized by Congress so to do, to use the word "national" as partof the name or title of such institution. The Attorney General of theUnited States in 22 Opinions Attorney General 475 ruled that theuse by State banks of the word "international" as a portion of theirname or title is not in violation of this section. It is believed that theuse of the word "international" as well as other combinations of theword "national" may frequently be as misleading as the use of theword "national" and that the section in question should be amendedto prohibit also the use of the word "international" or any combina-tion of the word "national" by institutions doing a banking businessexcept as to such as may be organized under authority of the FederalGovernment.
Miscellaneous incidental matters affecting the. Federal ReserveSystem which should be provided for are as follows:
Give the Board discretion to relieve holding companies from neces-sity of obtaining voting permits where not engaged as a business inholding bank stocks; give the Board power to control matter of offi-cers, directors, and employees of banks being connected with secur-ities companies by regulation rather than by issuing of permits inindividual cases; eliminate any doubt that a holding company with apermit to vote its shares may cumulate same as may any other share-holder; correct oversight in existing law so as to require memberbanks to reduce their stockholdings in the Federal Reserve bank upona reduction of surplus; place State member banks on a parity withnational banks as regards limitation on loans secured by Governmentobligations; in making loans to private concerns by Federal Reservebanks to permit same to be made on adequate endorsement or ade-quate security instead of requiring both as at present; authorize theBoard to define the word "deposit" and related terms for the pur-pose of reserve requirements and permit amounts due from otherbanks to be deducted from gross deposits in determination of reservebalance requirements; extend present power of Board to regulatepayment of interest by member banks to include all insured banksand require member banks to maintain same reserves against Govern-ment deposits as required against other deposits; amend Clayton Actto permit Board to supervise matter of interlocking directorates byregulation instead of by permit; and amend section 24 of the FederalReserve Act to exempt real-estate loans made for industrial purposesin cooperation with Federal Reserve banks or the ReconstructionFinance Corporation from the restrictions of that section.
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1 4 REPORT OF THE COMPmOLLER OF THE CURRENCY
11. Consideration should be given to strengthening the provisionsof the law governing the Federal Deposit Insurance Corporation. Inview of the protection afforded depositors, no doubt many of theStates will follow the precedent established by Congress in eliminatingthe double liability on shares of stock. Relieving shares of stock fromthe double liability, and the insurance of bank deposits offer addedencouragement to the establishment of new banks. Great cautionshould be exercised in the future in the establishment of either Stateor national banks, or branches of either, in order to prevent a repe-tition of the failures of a few years ago. Under the present law, if abank's assets are sufficient to pay its liabilities, the Federal DepositInsurance Corporation must accept it as a member, although it mayhave no capital structure.
The Comptroller's Office, under existing law, is in a position torequire national banks to maintain adequate, sound capital, and alsoto prevent the organization of a new national bank unless it hasadequate, sound capital and unless there is need for additional bank-ing facilities in the location chosen, and a reasonable prospect thatthe bank will operate successfully. The Comptroller's Office is thusable to protect the interests of the Federal Deposit Insurance Cor-poration in those respects with reference to national banks, particu-larly since the Comptroller is a member of the Board of the Corpora-tion. There is, however, no such safeguard as to State banks, andit is believed that the law governing the Federal Deposit InsuranceCorporation should be amended to make a State bank's admissionto the fund conditional upon the approval of its capital structure bythe Corporation; and in the case of a new State bank, the Boardshould be required to pass upon the need for additional banking facili-ties in the place selected and upon the reasonable prospect of thebank's successful operation.
It would be well to consider whether the law should not be furtheramended to permit the Corporation, under proper limitations, topurchase assets of an insured bank for the purpose of assisting inmerging such a bank with another, or of reorganizing when it becomesapparent that a loss to the Corporation is impending. In this manner,losses may be limited or minimized. Under the present law, theCorporation may do nothing until a bank is closed and after that itsrecovery is dependent upon liquidation. Recoveries through liqui-dation are certain to be less than the values which may be placedupon the same assets by a going institution.
The law should be amended to provide for examination by the Cor-poration of State nonmember banks which become members of thefund. An express provision should be made for reports of conditionby all insured banks not now reporting to a Federal agency at intervalsof not oftener than twice a year, such report to be as of the same dateas a call report made by national banks to the Comptroller of theCurrency.
The Banking Act of 1933 in section 11, subsection (d), makes specificprovision that security for deposits of postal savings funds in banksshall not be required to the extent that such deposits are insured. Ageneral statutory provision should be enacted so that no securityshall be required under Federal statutes for any deposits in banks to
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EEPORT OF THE COMPTROLLER OF THE CURRENCY 1 5
the extent that deposits referred to in such statutes are insured undersection 12 (b) of the Federal Reserve Act, as amended.
It is believed that Congress might well consider the advisability oflevying an annual assessment under the permanent plan in lieu of anassessment merely to repair insurance losses, and that it might makeprovision for carrying a portion of the assessment in a reserve whichcould, ultimately operate to decrease such annual assessment. Inbanking, as in other businesses, it is desirable when practicable toanticipate the fixed charges, and, so far as possible, the cost of insur-ance should be made a fixed charge subject to reduction througheconomical and efficient operation.
Miscellaneous incidental matters affecting the Federal DepositInsurance Corporation should be provided for as follows:
Extend criminal provisions applicable to officers of member banksto officers of all insured banks. Eliminate reference to par value ofFederal Deposit Insurance Corporation stock in subsection E ofsection 13 (b) of the Federal Reserve Act by substituting therefor theamount paid for said stock; extend the prohibition in the presentlaw against gratuities to Federal examiners to examiners of all insuredbanks and their officers and likewise extend to same the prohibitionagainst disclosure of confidential information; give the Federal courtsjurisdiction of actions against the Corporation; extend to the Corpora-tion the protection now given to other Federal institutions againstmisleading use of their names; and extend to all insured banks thepresent law making robbery of member banks a Federal offense.
It would not be fitting to close this report without a word of appre-ciation to the hundreds of employees in the city of Washington,throughout the United States, and, in fact, in many parts of the worldwhere our examiners are called to perform their duties. Of those whohave so faithfully served with me in Washington, I desire to makespecial mention of F. G. Await, First Deputy Comptroller; E. H.Gough, Second Deputy Comptroller; Gibbs Lyons, Third DeputyComptroller; J. E. Fouts, Supervising Receiver; W. P. Folger, ChiefNational Bank Examiner; George P. Barse, General Counsel; GeorgeR. Marble, Chief Clerk; E. F. Quinn, Chief of Organization Division;Adele M. Stewart, Chief of Examining Division; W. A. Kane, Chief ofStatistical Division; C. E. Gross, Chief of Issue Division; W. F. Offutt,Chief of Redemption Division; L. G. Copeland, Chief of FederalReserve Issue and Redemption Division; Margaret T. Hanlon, ActingChief of Bookkeeping Division; J. H. Finnegan, Auditor; J. M. Kane,Administrative Assistant Conservator; John Young, AdministrativeAssistant Conservator; F. B. Davis, Chief Clerk of Insolvent Division,and L. H. Sedlacek and F. W. Krippel, who served successively asChief of Reorganization Division.
It is with great regret that I chronicle the passing of Mr. E. F.Quinn, who for 21 years was Chief of the Organization Division. Hedid much during his years of service in this capacity to aid in shapingthe policies of the Comptroller's Office upon questions concerning theorganization of new banks and the consolidation of banks. He wasrecognized as an authority upon the subjects within the province ofhis Division.
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16 REPORT OF THI1 COMPTROLLER OF THE CURRENCY
Since my induction as Comptroller, two men have served as Sec-retary of the Treasury—Hon. William H. Woodin from March 4,1933, to December 31, 1933, and Hon. Henry Morgenthau, Jr., sinceJanuary 1, 1934. Everyone who was familiar with the situation dur-ing and following the banking holiday is convinced that the strainput upon Secretary Woodin hastened his death. He was anothersoldier who fell in the service of his country. I should like to expressmy appreciation of the fine spirit of cooperation which has existedbetween this Bureau and the Secretary of the Treasury, Mr. Morgen-thau. In him the Bureau has always found a sympathetic friend.
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NATIONAL BANKS IN THE TRUST FIELD
Impressive gains in the number and volume of trusts under adminis-tration by the banks in the national banking system were reflectedduring the fiscal year ended June 30, 1934. One thousand nine hun-dred and twenty-eight national banks had authority to exercise trustpowers on June 30, 1934, with combined capital of $1,452,519,428and banking assets of $20,934,134,715, which represented 35.5 percentof the number, 83.5 percent of the capital, and 87.6 percent of theassets of all banks in the national-banking system.
Of the number authorized to exercise trust powers 1,560 banks hadactive trust departments and were administering 122,022 individualtrusts with assets aggregating $8,516,551,744, and in addition wereadministering 15,903 corporate trusts and acting as trustees for out-standing note and bond issues amounting to $11,484,461,737.
Compared with 1933 these figures represent a net increase of 25,785,or 18.7 percent, in the number of trusts being administered; an in-crease of $2,204,893,991, or 34.9 percent, in the volume of individualtrust assets; and an increase of $1,066,034,800, or 10.2 percent, in thevolume of note and bond issues outstanding under which nationalbanks had been named to act as trustees.
Segregation of the number of fiduciary accounts in national banksrevealed that 66,481, or 48.2 percent, were those created under privateor living trust agreements; 55,541, or 40.3 percent, were trusts beingadministered under the jurisdiction of the courts, and the remaining15,903, or 11.5 percent, were trusteeships under corporate bond ornote-issue indentures. Private trust assets comprised $6,852,872,340,or 80.5 percent, of the total assets under administration, while the re-maining $1,663,679,404, or 19.5 percent, belonged to court trusts.Invested trust funds aggregated $7,647,459,891, of which bonds con-stituted 47.1 percent, stocks 31.7 percent, real-estate mortgages 9.6percent, real estate 6.9 percent, and miscellaneous assets 4.7 percent.
The impressive development of trust activities in national banks isfurther emphasized by comparing the record in 1934 with that of1929, which reflects an increase during the 5-year period of 61,937,or 44.9 percent, in the number of trusts being administered; an increaseof $4,278,903,081, or 50.2 percent, in the volume of individual trustassets under administration, and an increase of $4,114,307,281, or55.8 percent, in the volume of bond and note issues outstanding forwhich national banks are acting as trustees.
Two hundred and forty-nine national banks were acting as trusteesunder 880 insurance trust agreements involving $42,467,908 inproceeds from insurance policies, while 671 national banks had beennamed trustees under 18,597 insurance trust agreements not yetmatured or operative, supported by insurance policies with a facevalue aggregating $732,039,875.
Three hundred and sixty-four of the banks spent $249,278 duringthe year for trust advertising, 40 banks employed full-time trustsolicitors, and 75 banks utilized the services of part-time trust solicitors.
17
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1 8 REPORT OF THE COMPTROLLER OF THE CURRENCY
An analysis of the new business placed on the books of the nationalbanks between June 30, 1933, and June 30, 1934, developed that 231banks were named trustees for 1,159 bond and note issues aggregating$602,576,909; 785 banks were named to act as individual trusteesunder 7,360 agreements involving $380,758,416; 748 banks were namedto act under 2,649 executorships involving $121,641,275; 550 bankswere named as administrator under 1,486 appointments involving$26,699,211; 551 banks were named under 3,671 guardianships in-volving $12,678,705; 11 banks were named to act as assignee in 41instances involving $813,911; 44 banks were named to act in 227receiv-erships involving $6,437,025; 129 banks were named to act as com-mittee of estates of lunatics in 408 cases involving $2,385,814, while402 banks were named to act 7,139 times in miscellaneous fiduciarycapacities, other than those enumerated above, involving $625,722,473.
Eighty-six banks were named registrar of stocks and bonds in 323cases involving $392,960,996, while 66 banks were named transferagent in 276 instances involving $41,760,938.
National-bank branches, numbering 173 on June 30, 1934, wereactively engaged in administering 12,617 trusts, with individual trustassets aggregating $770,715,941, and were acting as trustees for out-standing bond and note issues amounting to $362,395,271.
The following tables show in detail the activities of national banksin the trust field, segregated: First, according to capital of the banks;second, according to the population of places in which the banks werelocated; third, according to Federal Reserve districts, and fourth,analysis of the type of investments held in trust, with a supplementaltable showing the extent to which national-bank branches werefurnishing trust service to the communities in which they were located.
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Fiduciary activities of national banks during year ended June 80, 1984t segregated according to capital
Number of national banks with trust powers but not administering trusts-Number of national banks with trust powers administering trusts
Total number of national banks authorized to exercise fiduciarypowers _
Total assets of banking departments of national banks authorized toexercise fiduciary powers
47
$19,501,427
InvestmentsDeposits in savings banks.Deposits in other banksDeposits in own bankOther assets
TRUST ASSETS
Total-
Private trusts _Court trusts...
LIABILITIES
Total-
Total volume of bond issues outstanding for which banks are acting astrustee-Number of national banks administering private trusts
Number of national banks administering court trustsNumber of national banks administering corporate trustsNumber of living trusts being administered _ _ _Number of court trusts being administered. __Total number of individual trusts being administeredNumber of corporate trusts being administeredTotal number of trusts being administered ._.Average volume of individual trust assets in each bank _Average volume of trust assets in each individual trustNumber of national banks administering insurance trustsNumber of insurance trusts being administered _ _.Average volume of insurance trust assets in each bankAverage volume of insurance trust assets in each trustNumber of national banks holding insurance trust agreements not operative.
Bankswith
capitalof $25,000
159
$105,218,869
125,60720,045
44, 9611,684
192, 297
80,954111,343
192, 297
$102, 7507
1448
3240
747
$9,157$4,807
Bankswith capi-
tal over$25,000 to
$50,000
70
2,770, 79251,177
5427,197217, 577
3, 466, 748
887,1652,579, 583
3,466, 748
$209, 52535601082
388470
13483
$49, 525$7, 376
Banks withcapital over$50,000 to$100,000
121319
440
$653,957,791
536
$1,319,224,979
35,093,148581,159
3,1653, 551,6112,086,384
41, 315, 467
15,659, 77425,655,693
41,315, 467
$24,169,27521427991
1,2403,2494,489
3834,872
$129, 516$9, 204
79
$26,055$20,266
48
Banks withcapital over$100,000 to
$200,000
72464
438
$2,041,938,717
151,745,9961,444,135
486, 5757, 752,8992, 573,754
164, 003,359
81, 258,75482, 744,605
164, 003, 359
$54,823,809378428181
5,26510,32315, 588
57416,162
$353,455$10, 521
3366
$45, 749$22,875
150
Banks withcapital over$200,000 to
$500,000
44
$16,794,292,932
416,693,7703,489, 211
922,52115,034,81216,172,765
452,313,079
273, 643,488178,669,591
452,313,079
$154,459,960349369209
8,93512, 50921,444
1,22222,666
$1,148,003$21,093
58107
$102,413$55, 513
229
Banks withcapital over
$500,000
16292
1,928
$20,934,134,715
7,041,030,5788,596, 7205,254,436
194,196,896606,182,164
7,855,260,794
6,481, 342, 2051,373,918, 589
7,855,260,794
$11, 250,696,418279279240
50,95129,04079,99113,704
$26,901, 578$98, 202
151698
$232,239$49,909
240
Total
1,560
7,647,459,89114,182,4476,666,702
221,008, 376627,234,328
8, 516,551,744
6,852,872,3401,663,679,404
8,516, 551,744
$11,484,461,7371,2621,429
73566,48155, 541
122,02215,903
137,925$5,459,328
$69,795249880
$170,554$48,259
671
g
H3
WQO
wocj
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Fiduciary activities of national banks during year ended June 30, 1934, segregated according to capital —Continued to
o
O
O
o
Bankswith
capitalof $25,000
Bankswith capi-
tal over$25,000 to
$50,000
Banks withcapital over
$50,000 to$100,000
Banks withcapital over$100,000 to
$200,000
Banks withcapital over$200,000 to
$500,000
Banks withcapital over
$500,000Total
LIABILITIES—continued
Number of insurance trust agreements not operativeFace value of policies held under above agreements .Average number of insurance trust agreements not operative held by each
bank .Average volume of insurance policies held by each bank under trust agree-
ments not operative - _Average volume of insurance policies per trust held under agreements not
operative . - .Average gross earnings per trust for fiscal year ended June 30,1934...Average gross earnings per trust department reporting trust earnings for
fiscal year ended June 30,1934 .__Number of banks reporting amounts spent annually for trust advertising..Average amount spent annually by each reporting bank for trust adver-
tising _-Number of banks employing full-time trust solicitors _Number of banks employing part-time trust solicitors
$211
15$333, 300
4
$83, 325
$22, 220$44
$4195
$65
421$3, 760, 252
9
$78, 339
$8,932$44
$80757
$56
621$17, 753,946
4
$118, 359
$28, 589$45
$1, 74071
$1403
23
2,346$79,982,022
10
$349, 266
$34,093$71
$4, 367
oa
$2892
17
15,194$630, 210,355
62
$2, 551,459
$41,478
$75, 560130
$1,4663525
18,597$732,039,875
28
$1,090, 969
$39, 363$172
$17,042364
4075
Fiduciary activities of national banks during year ended June 30, 1934, segregated according to population of places in which banks were located JTJ
W
dumber of national banks with trust powers but not administering trustsNumber of national banks with trust powers administering trusts
Total number of national banks authorized to exercise fiduciary powers. _Total assets of banking departments of national banks authorized to exercise
fiduciary powers _
TBTJST ASSETS
Investments * -Deposits in savings banksDeposits in other banks.
Places withpopulat ion
less t h a n 1,000
2741
68
$50,740,305
4,533.24385,454
2,966
1,000 to 2,499
70134
204
$231,653, 852
11,451, 58576,69833,917
2,500 to 4,999
67221
288
$430, 262,924
33,454, 254135,108144,278
5,000 to 9,999
80256
336
$644,995, 768
59,112, 403425,160113,944
10,000 to 24,999
68336
404
$1, 278, 405, 706
192,310, 2872,338, 430
671, 274
25,000 to 49,999
24194
218
$1, 037, 048, 044
235, 074,0072,137,078
55,334
o
3Q
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Deposits in own bank.Other assets
Total.
Q Private trusts..GO Court trusts—
LIABILITIES
Total .
Total volume of bond issues outstanding for which banks are acting as trustee._
Number of national banks administering private trustsNumber of national banks administering court trustsNumber of national banks administering corporate trustsNumber of living trusts being administeredNumber of court trusts being administeredTotal number of individual trusts being administeredNumber of corporate trusts being administeredTotal number of trusts being administeredAverage volume of individual trust assets in each bankAverage volume of trust assets in each individual trustNumber of national banks administering insurance trustsNumber of insurance trusts being administeredAverage volume of insurance trust assets in each bankAverage volume of insurance trust assets in each trustNumber of national banks holding insurance trust agreements not operative. _Number of insurance trust agreements not operativeFace values of policies held under above agreementsAverage number of insurance trust agreements not operative held by each bank_Average volume of insurance policies held by each bank under trust agreements
not operativeAverage volume of insurance policies per trust held under agreements not
operative '_Average gross earnings per trust for fiscal year ended June 30, 1934Average gross earnings per trust department reporting trust earnings for fiscal
year ended June 30, 1934Number of banks reporting amounts spent annually for trust advertisingAverage amount spent annually by each reporting bank for trust advertising-Number of banks employing full-time trust solicitors _Number of banks employing part-time trust solicitors
301,36972, 503
4,995, 535
1,911,8503,083, 685
4,995, 535
365,100
2935
7271349620
13633
$121,842$8,057
417
$369,8574
$21, 756$30
$7013
$60
1, 035, 950408, 448
13, 006, 598
5, 453, 5487, 553,050
13,006, 598
2, 596,129
8511925
6121,4932,105
502,155
$97,064$6,179
12
$43,162$21, 581
2051
$756, 240
$37, 812
$14,828$35
$71119
$71
2, 506, 992353, 573
36, 594, 205
14,109, 73422, 484,471
36, 594, 205
16, 711, 581
15419968
1,8714,1145,985
2516,236
$165, 585$6,114
631
$63, 806$12, 349
41149
$3, 375, 5574
$82, 331
$22, 655
$87729
$691
3,857, 722876, 385
64, 385, 614
27, 563, 72436,821,890
64. 385,614
21, 221, 404
19922993
2,3275,3217,648
3087,956
$251, 506$8, 419
1113
$14,897$12, 605
62297
$7, 547,3855
$121, 732
$25, 412
$1,48849
$135
12
8, 503, 9371, 922, 775
205, 746, 703
100, 722,151105, 024, 552
205, 746, 703
53, 381, 555
310159
4,6518,449
13,100545
13, 645$612,341
$15, 7062545
$48,495$26,942
1361,089
!3, 792,1098
$174,942
$21,848$59
$2, 60671
$1923
13
9, 228,05714, 553, 212
261,047,688
157, 602,421103,445, 267
261,047, 688
67, 423, 944
173186105
4,2315,798
10,029722
10, 751$1,345,607
$26,0293969
$42,939$24, 270
1111,118
$35,869, 69010
$323,150
$32, 084
$4,81353
$2831
3
aog
wod
tzj
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Fiduciary activities of national banks during year ended June 30, 1934, segregated according to population of places in which banks were located—Continued to
Number of national banks with trust powers but not administering trustsNumber of national banks with trust powers administering trusts
Total number of national banks authorized to exercise fiduciary powers..Total assets of banking departments of national banks authorized to exercise
fiduciary powers -.. -
TRUST ASSETSInvestments. _ _ _Deposits in savings banks - -Deposits in other banksDeposits in own bank _..Other assets
Total
LIABILITIESPrivate trustsCourt trusts _ _.
Total
Total volume of bond issues outstanding for which banks are acting as trustee.Number of national banks administering private trustsNumber of national banks administering court trustsNumber of national banks administering corporate trustsNumber of living trusts being administered _Number of court trusts being administered _Total number of individual trusts being administered-_ _Number of corporate trusts being administeredTotal numbers of trusts being administeredAverage volume of individual trusts assets in each bankAverage volume of trust assets in each individual trustNumber of national banks administering insurance trustsNumber of insurance trusts being administeredAverage volume of insurance trust assets in each bankAverage volume of insurance trust assets in each trustNumber of national banks holding insurance trust agreements not operative..Number of insurance trust agreements not operativeFace value of policies held under above agreements
Places withpopulation50,000 to99,999
9127
136
$1,175,016,824
386,416,6602,102,361518,656
12,953,67522,499,545
424,490,897
234,558,773189,932,124
424,490,897
$189,484, 52011611982
5,2037,67812,881
81513,696
$3,342,448$32,955
47105
$173,440$77, 635
962,146
$76,492,923
100,000 to249,999
8113
121
$1,971,031, 683
668,642,6054,884,300535,588
17,102,14622,015,088
713,179, 727
522,461,919190,717,808
713,179, 727
$189,582,39510710986
8,4846,20514,6891,20215,891
$6,311,325$48,552
56152
$82,171$30,273
922,968
$105,937,524
250,000 to499,999
768
75
$2,514,858,035
903,376,394386, 727669,521
23,903,41097,074, 223
1,025,410, 275
742,012, 647283,397,628
1, 025,410, 275
$505,118, 374656259
7,2774,60311,8802,40514,285
$15,079,563$86,314
33127
$141,142$36,675
4,164$156,195,438
500,000 to999,999
330
33
$3,855,171,006
850,786,4601,316,9731,814,926
26,268,298217,786,505
1,097,973,162
915, 291,539182,681,623
1,097,973,162
$1, 053,884,660292825
7,1604,40311,5632,53314,096
$36, 599,105$94,956
16111
$455, 265$65,624
9ftZu
3,078$116,051,763
1,000,000 orover
540
45
$7, 744,950,568
4,302,301,993294,158
2,106,298115,346,820249,672,071
4,669,721,340
4,131,184,034538,537,306
4, 669,721, 340
$9,384,692,075363326
24,3947,12831,5227,059
38, 581$116,743,034
$148,14215225
$953,058$63,537
9Q3,520
$205,651,389
l oiai
3368 H
1,560 Q
1,928 ^
$20,934,134,715 ^
7,647,459,891 n
14,182,447 o6,666, 702 »=i
221,008,376 H627,234,328 J§
8,516,551,744 Q
6,852,872,340 H1,663,679,404 &j
8,516,551,744 O
$11,484,461,737 ,,1,262 H1,429 W735 H
66,481 _55,541 9122,022 315,903 2137,925 2
$5,459,328 5$69,795 5
249 3880 *•
$170,554$48,259
67118,597
$732,039, 875
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Average number of insurance trust agreements not operative held by each bank.Average volume of insurance policies held by each bank under trust agreements
not operative _ -Average volume of insurance policies per trust held under agreements not
operative -Average gross earnings per trust for fiscal year ended June 30,1934Average gross earnings per trust department reporting trust earnings for fiscal
year ended June 30,1934Number of banks reporting amounts spent annually for trust advertisingAverage amount spent annually by each reporting bank for trust advertising..Number of banks employing full-time trust solicitors.__Number of banks employing part-time trust solicitors
22
$796,801
$35,644$87
$9,69945
$3971
11
32
$1,151,495
$35,693$132
$19,48742
$1,0018
11
77
$2,892, 508
$37,511$160
$36, 29528
$1,653
118
'A, 463,529
$37,704$201
$101,2709
$4,99693
121
$7,091,427
$58,424$338
$342,94916
$3,711
28
$1,090,969
$39,363$172
$17,042364
$6854075
feJ
3
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Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Fiduciary activities of national banks by Federal Reserve districts as of June 30, 1934
Federal Reserve districts
Numberbanks ex-ercising
fiduciarypowers
Numberwith au-thoritybut not
exercisingpowers
Totalnumberauthor-ized toexercisefiduciarypowers
Capital ofbanks author-ized to exercisefiduciary pow-
ers
Total bankingassets of banksauthorized toexercise fidu-ciary powers
Individual trusts
Livingtrusts
Courttrusts
Total
Assets of indi-vidual trusts
Numberof cor-poratetrustsbeing
adminis-tered
BostonNew YorkPhiladelphia..ClevelandRichmondAtlantaChicagoSt. LouisMinneapolis-Kansas City..DallasSan Francisco.
Total—
17827823711412580167795510364
2113112541321401102051121051649193
$143,769,717401,822, 582100,057,08093, 657, 37256, 559,17774,830,000210,113, 50043, 790, 00046,905,00050, 260,00059,315,000171, 440,000
$1,901,5, 420,1,680,1,415,847,924,
2,840,655,664,889,821,
2, 872,
847, 200422,413600,917270,060409,171940, 644357, 626659, 211413,778211,920799, 231202, 544
3,4194,8669,0924,4172,1213,266
21, 5441,0021,8642,7191,076
11, 095
3,5826,964
13,0636,1413,9402,0056,7601,8172,9431, 440
6236,263
7,00111, 83022,15510, 5586,0615,271
28, 3042,8194,8074,1591,699
17, 358
$402,901,322777,399,118337,965, 680602, 709, 686280,132,127348, 793, 322
3, 754, 671,15165, 582,625
372,978,944318, 495, 838117, 212, 419
1,137, 709, 512
5871,348
6781,309
291882
6,057542489
1,078437
2,205
1,560 1,928 1, 452, 519, 428 20, 934,134, 715 66, 481 55, 541 122, 022 8, 516, 551, 744 15,903
WteJQO
K
3o
IHW
o
Federal Reserve districtsBond issues out-standing where
banks act astrustee
Number ofbanks ad-
ministeringinsurance
trusts
Number ofinsurance
trusts beingadminis-
tered
Volume of assets of insur-
ance trusts un-der adminis-
tration
Number ofbanks hold-ing insur-ance trustagreementsnot opera-
tive
Number ofinsurancetrust agree-ments notoperative
Face value ofinsurance poli-cies held under
trust agree-ments notoperative
Tru:-t de-partmentgross earn-
ings for fiscalyear ended
June 30, 1934
BostonNew York...Philadelphia _ClevelandRichmondAtlantaChicagoSt. LouisMinneapolis..Kansas City..DallasSan Francisco
Total...
$460, 635,9606,123,959, 955112, 685, 334316,951, 688109, 531,861226,476, 234
3,092, 532,18556,099,445139, 238, 26982,555,95572,149,044691,645,807
669712982377115514147136108
$2, 573, 7915, 289,1889, 435. 3485, 202,536983, 889
2, 515,4858, 362, 774800,981650, 303
2, 323, 7661, 032, 6653, 297,182
71115112615136601820423748
1,4172,2561,5171,5721,004
• 1,0142,390197
1,1261,662712
3,730
$54, 860,138126, 668,14360,123, 50268, 813, 75734, 677,13239,018, 312112, 799,4878,370,118
45, 785, 55650,081, 58924,865,850105,976, 291
$1,684,0006,168,0001, 000, 0001,164,000716,000774,000
6, 368, 000239,000692,000915,000374,000
3, 522,000
11,484,461, 737 249 42, 467,908 671 18, 597 732,039, 875 23, 616,000
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Classification of investments in living and court trust accounts under administration by the active national-bank trust departments, segregatedaccording to capital of banks and population of places in which national banks were located on June 80, 1934
Trust investments classified according to capital ofbanks administering trusts Bonds Per-
cent Stocks Per-cent
Real-estatemortgages
Per-cent Real estate Per-
centMiscella-
neousPer-cent
Total invest-ments
Banks with capital of $25,000Banks with capital over $25,000 to $50,000...Banks with capital over $50,000 to $100,000..Banks with capital over $100,000 to $200,000.Banks with capital over $200,000 to $500,000.Banks with capital over $500,000
Total
$50,9051,165, 368
13, 453, 60946, 770,817
138.122, 0123, 402; 866, 964
40.5342.0638.3430.8233.1548.33
$6, 031•619, 242
7, 683,13035,913, 254127,180, 487
2, 250, 092, 344
4.8122.3521.8923.6730.5231.96
$27, 560458, 462
7, 596, 26044,917, 45871, 626, 406610, 034, 828
21.9416.5521.6529.6017.198.66
$23, 738307, 539
5,015,12715, 759, 39850,086, 953460, 360, 370
18.9011.0914.2910.3812.026.54
$17, 373220,181
1, 345,0228, 385,069
29, 677, 912317, 676, 072
13.827.953.835.537.124.51
$125, 6072, 770, 792
35,093,148151, 745, 996416,693, 770
7, 041, 030, 578
3, 602, 429, 675 47.10 2,421,494, 488 31.66 734, 660,974 9.61 531, 553,125 6.95 357, 321, 629 4.68 7, 647,459, 891
§
W
OO
Trust investments classified according to population ofplaces in which banks administering trusts were located B.onds Per-
cent Stocks Per-cent
Real-estatemortgages
Per-cent Real estate Per-
centMiscella-
neousPer-cent
Total invest-ments
Places with population less than 1,000Places with population of 1,000 to 2,499Places with population of 2,500 to 4,999..Places with population of 5,000 to 9,999Places with population of 10,000 to 24,999Places with population of 25,000 to 49,999Places with population of 50,000 to 99,999Places with population of 100,000 to 249,999Places with population of 250,000 to 499,999Places with population of 500,000 to 999,999Places with population of 1,000,000 or over
$1, 275, 2953, 476, 621
10, 459, 48916, 797, 94259, 888, 50485, 234, 544
135,162, 308207, 903, 367445, 902, 551326, 029, 629
, 310, 299,425
28.1230.3631.2728.4231.1436.2634.9831.0949.3638.3253.69
$1, 225, 7852, 759, 5727, 707, 31912,199, 91561, 619, 01068, 598, 549113,319,231262, 697, 659237,156, 376330, 336,998
1, 323,874, 074
27.0424.1023.0420.6432.0429.1829.3339.2926.2538.8330.77
$1, 422, 7783, 753,12111, 962, 45220,985, 70341, 210, 58032, 227,08870, 256, 90186, 632, 80291, 425, 72594, 784, 717279, 999,107
31.3932.7835.7635.5021.4313.7118.1812.9610.1211.146.51
$385, 760854,123
2, 437,7496,977,38319, 217, 53433, 904, 97241, 249,17067, 627, 40255, 348, 58360, 474,182
243, 076, 267
8.517.467.2911.809.9914.4210.6710.116.137.115.65
$223, 625608,148887, 245
2,151, 46010, 374, 65915,108, 85426, 429, 05043, 781, 37573, 543,15939,160, 934145, 053,120
4.945.302.643.645.406.436.846.558.144.603.38
$4, 533, 24311, 451, 58533,454, 25459,112, 403192, 310, 287235, 074, 007386,416,660668, 642, 605903, 376, 394850, 786, 460
4, 302, 301,993
Total.. 3, 602,429, 675 47.10 , 421, 494, 488 31.66 734, 660,974 9.61 531, 553,125 6.95 357, 321, 629 4.68 7,647,459,891
H3
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o
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Classification of investments in living and court trust accounts under administration by the active national-bank branches with trust departments,segregated according to population of places in which branches were located on June 80, 1934
Trust investments classified according to population ofplaces in which branches were located Bonds Per-
cent Stocks Per-cent
Real estatemortgages
Per-cent Real estate Per-
centMiscella-
neousPer-cent
Total in-vestments
Places with population of less than 1,000.._Places with population of 1,000 to 2,499Places with population of 2,500 to 4,999Places with population of 5,000 to 9,999Places with population of 10,000 to 24,999..Places with population of 25,000 to 49,999..Places with population of 50,000 to 99,999..Places with population of 100,000 to 249,999.Places with population of 250,000 to 499,999Places with population of 500,000 to 999,999Places with population of 1,000,000 or over.
Total
$39,81495,534
336,131943,929
1,142,4046,072,262
24,842,45110, 680, 69515,360,42132,282,427
163,796,770
20.4513.9117.3919.1723.1328.5137.8428.1942.3450.4733.31
$102,961193,958580,536
1,125,5551, 579,9795, 266,87319,166,53915, 749,9669, 504,13916,949,692156,193,591
52.9028.2330.0422.8531.9824.7329.2041.5726.2026.5031.76
$19, 26753, 258237, 265570, 271984,092
2,663, 8159,867,8953,367,9711, 306,9147,316, 79770, 329, 780
9.907.75
12.2711.5819.9212.5115.038.023.60
11.4414.30
$25,880278,835454, 566
1,888,545887,776
6,500,0439, 481, 5075, 513,3885, 937,8422,053,557
81, 606, 725
13.3040.5923.5238.3417.9730.5214.4414.5516.373.21
16.59
$6, 71665, 363324,122
345,397791,091
2,287,9152,576,3624,170,2645,365,23719,872,025
3.459.5216.788.067.003.733.497.6711.498.384.04
$194,638686,948
1,932,6204,924,9394,939,64821,294,08465,646,30737,888,38236, 279,58063,967,710491,798,891
255, 592,838 35.03 226, 413, 789 31.03 96, 717,325 13.26 114, 628, 664 15.71 36, 201,131 4.97 729,553,747
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Fiduciary activities of national-bank branches with trust departments during year ended June 80y 1934, segregated according to population ofplaces in which branches were located
Placeswith
popula-tion of
less than1,000
1,000 to2,499
2,500 to4,999
5,000 to9,999
10,000 to24,999
25,000 to49,999
50,000 to99,999
100,000 to249,999
250,000 to499,999
500,000 to999,999
1,000,000or over Total
Number of national-bank brancheswith active trust departments
Total assets of banking depart-ments of branches administeringtrusts
10 30 25 16 12 173
$5, 779,082 $22,863, 593 $30,016,140 $59, 690, 790 $61, 292, 223 $81, 717, 384 $116, 314, 858 $90,897,698 $118,943,079
TRUST ASSETS
$5, 372,824 $276,058,639 $868,946, 310
InvestmentsDeposits in savings banks..Deposits in other banksDeposits in own bankOther assets
Total
194,638 1,932,62C 4, 924,93924,428
4,939, 64811, 246
21, 294,084176, 076
65, 646, 307159, 768
37,888, 3827r~
9,4443,124
76,67168,123
192, 6759,708
344,813134,156
802, 390601,021
844,627373,310
2, 467, 382936,113
352,101573, 912
36, 279, 58017, 6206,613
1, 801, 219128, 263
63,967,71011,138
2,134, 537779,184
491,798,89147,004
1,026,87613, 513,05312, 528, 511
729, 553, 747454, 368
1,033,48923, 538, 91216,135,425
207, 206 831,742 2,135,003 5, 428,336 6, 354, 305 22, 688,097 69, 209, 570 39,821,483 38,233, 295 66,892,569LIABILITIES
Private trusts-Court trusts—
91,025116,181
324,294507,448
874, 6261, 260, 377
2, 207, 7803, 220, 556
2, 581, 8453, 772, 460
14,491,4018,196, 696
^4,415, 35934, 794, 211
27,758, 74312, 062, 740
26, 226, 63812, 006, 657
Total.
61, 624, 4725, 268, 097
518,914,335
363,774,121155,140, 214
770, 715,941
534, 370, 304236, 345, 637
207, 206 831, 742Total volume of bond issues outstand-
ing for which branch banks are act-ing as trustee
Number of branches administeringprivate trusts
Number of branches administeringcourt trusts
Number of branches administeringcorporate trusts
Total number of individual trusts be-ing administered
Number of corporate trusts being ad-ministered
Total number of trusts being ad-ministered
Average volume of individual trustassets in each branch
Average volume of trust assets in eachindividual trust
Number of branches administering in-surance trusts
2,135,003 5, 428, 336 6, 354, 305 22, 688, 097 69, 209, 570 39, 821, 483 38, 233, 29 66, 892, 569 518,914,335 770, 715,941
18!
$20,721; $33,270
$ l l , 5 1 l | $12,232
$20, 933
16
17
1
137
2
139
$85, 400
$15,584
1
$9, 400
19
23
1
1
396
$180,945
$13, 743
$439, 87.
17
18
3
387
6
393
$254,172
$16, 419
$2, 033, 000
14
14
7
830
20
850
$1,418,006
$27, 335
4
$10, 745, 900
12
12
7
1, 357
62
1,419
$5, 323, 813
$51, 002
9
$4,825, 709
6
6
5
1,046
61
1,107
$4, 424, 609
$38, 070
4
$35, 043, 875
6
6
6
798
128
926
$6,
$47,911
$22, 681,150 $286,
2
2
1
1,191
173
1,364
1,285
$56,165
595,429 $362,395, 271
9
5,057
365, 549 $33, 446,
5,93'
$43, 242,861
$102, 613
5
110
127
37
11, 284
1,333
12, 617
$4, 455, 005
$68, 302
32
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
-Fiduciary activities of national-bank branches with trust departments during year ended June 80, 1934, segregated according to population ofplaces in which branches were located—Continued
LIABILITIES—continued
Number of insurance trusts being ad-ministered
Average volume of insurance trustassets in each brancb,.
Average volume of insurance trustassets in each trust
Number of branches holding insurancetrust agreements not operative
^Number of insurance trust agreementsnot operative
-Face value of insurance policies heldunder above agreements
Average number of insurance trustagreements not operative held byeach branch
Average volume of insurance policiesheld̂ by each branch under trustagreements not operative..
Average volume of insurance policiesper trust held under trust agreementsnot operative . . . _ _ . .
Average gross earnings per trust forfiscal vear ended June 30,1934
Average gross trust earnings per branchreporting trust earnings for fiscal yearended June 30, 1934
-Number of branches reportingamounts spent annually for trustadvertising
Average amount spent annually byeach reporting branch for trust ad-vertising
Number of branches employing full-time trust solicitors
Number of branches employing part-time trust solicitors
Placeswith
popula-tion of
less t han1,000
4
11
$128, 579
3
$32,145
$1,143
$129
$257
1,000 to2,499
12
46
$621, 530
4
$51, 794
$13, 512
$187
$528
2,500 to4,999
1
$4, 536
$4, 536
11
45
$758, 734
4
$68, 976
$16, 861
$125
$693
5,000 to9,999
2
$11, 285
$11, 285
18
90
$2, 492, 944
5
$138, 497
$27, 699
$87
$1, 227
10,000 to24,999
1
$13,307
$13, 307
16
134
$3,146, 245
8
$196, 640
$23, 479
$129
$2, 022
25,000 to49,999
7
$27, 335
$20, 530
12
124
$3, 023, 207
10
$251, 934
$24,381
$150
$7, 978
1
50,000 to99,999
13
$35, 307
$24, 443
11
259
$7,319,103
24
$665, 373
$28, 259
$163
$17, 763
2
922
100,000 to249,999
7
$51, 573
$29,470
6
226
$6, 262, 786
38
$1, 043, 791
$27, 711
$193
$23, 726
250,000 to499,999
11
$68, 208
$31,004
5
309
$9, 722,824
62
$1,944, 565
$31, 465
$187
$28,899
2
1,300
2
1
500,000 to999,999
$482, 482
$68, 926
1
189
$4, 922, 700
189
$4, 922, 700
$26, 046
$122
$83, 235
1
1,000,000or over
49
$700, 610
$71, 491
8
634
$32, 735, 254
79
$4, 091, 907
$51, 633
$283
$139, 770
2
2
Total
98
$155,411
$50, 747
104
2,067
$71,133,906
20
$683, 980
$34, 414
$215
$16,014
4
1,111
5
4
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
NATIONAL-BANK FAILURES
During the year ended October 31, 1934, receivers were appointedfor 394 national banks. Of such total appointments, 40 were madefor the purpose of completing unfinished business or enforcing stockassessments, the collection of which was necessary under or by reasonof contracts to succeeding institutions which purchased the assets ofsuch banks under terms by which depositors were paid in full. Ofthe remaining 354 appointments for actual failures, 8 were restored tosolvency, leaving 346 to be liquidated by receivers. However, 20 in-solvent national banks for which receivers were appointed in 1932and 1933 were restored to solvency during the current year, makinga total of 28 insolvent national banks restored to solvency during theyear ended October 31, 1934. These figures for the year 1934 maybe compared with figures for the preceding year of 319 receivers7
appointments for actual failures, none of which was restored to solv-ency, with appointments of receivers for 29 banks to complete unfin-ished business or to enforce stock assessments.
In a further analysis of the 394 receivers' appointments for thepast year, it is found that 353 appointments were for banks formerlyin charge of conservators, including 3 licensed banks closed throughrevocations of licenses prior to appointments of conservators; oneappointment for a licensed bank suspended with the immediate ap-pointment of the Federal Deposit Insurance Corporation as receiver;one appointment for an unlicensed bank placed in receivership withoutthe intervening appointment of a conservator, and 39 appointmentsfor banks formerly in voluntary liquidation.' Of the 353 appoint-ments for banks formerly in charge of conservators, 148 with capitalof $13,680,000 and deposits of $86,143,700, are found to have beenstraight receiverships without prior reorganizations or payments todepositors, while 205 with capital of $59,225,520, were appointmentsfollowing reorganizations under conservators. The 205 banks withdeposits of $497,459,087, for which receivers were appointed followingreorganizations under conservators, paid depositors through the reor-ganizations effected prior to receivers' appointments, an estimatedamount of $264,313,000, or an average payment of 53.13 percent.
The capitalization of the 394 banks for which receivers were ap-pointed during the past year was $56,525,000 as compared with thecapitalization of the 348 banks for which receivers were appointedduring the previous year of $76,107,500.
During the year ended October. 31, 1934, total costs incurred inliquidation of insolvent national banks as reported by receivers,amounted to 4.6 percent of total collections from all sources includingoffsets allowed. This percentage of costs to collections for the year1934 may be compared with percentages of 3, 3.2 and 3.2 for theyears 1931, 1932 and 1933, respectively. This 4.6 percent includesall expenses incurred while the banks were in conservatorship fromMarch 1933, or over 19 months expenses as to conservator banks forwhich receivers were later appointed. Moreover, the cost of opera-
29
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3 0 REPORT OF THE COMPTROLLER OF THE CURRENCY
tion of a bank in conservatorship is greater than when in receiver-ship. Therefore, the average cost of liquidation under receiverswould be comparable with the cost of the previous years operation.Total collections from all sources, including offsets allowed, as reportedby receivers for the year ended September 30, 1934, amounted to$501,718,516, while similar collections for the years 1931, 1932 and1933 m aggregated $132,998,054, $263,482,046 and $356,678,150, re-spectively.
In reporting upon the progress and results of liquidation of insolventnational banks for the year ended October 31, 1934, it has been pos-sible for the first time to furnish data with respect to the earningsof such banks while in process of liquidation, arising out of the accrualand collections of interest, premiums, rents, etc. Expenses of re-ceivership liquidation have heretofore been available from annualreports submitted by the Comptroller's office and such items have,it is believed, received considerable attention without perhaps dueconsideration having been given to corresponding income earnings ofbanks while in process of liquidation. From figures which arefurnished in later paragraphs relative to various groups of banks inliquidation it now seems apparent that the income earnings of insol-vent national banks during liquidation are on the average approxi-mately equivalent to expenses incurred. In view of this proportionof income to expenses in connection with the liquidation of insolventnational banks, it may reasonably be asserted that depositors' equitiesin the assets of failed national banks are not materially lessened be-cause of receivership operations.
This office has continued during the year ended October 31, 1934, topromote the distribution of dividends to depositors of insolventnational banks. Not only has every effort been made to provide dis-tributions wherever the normal process of liquidation would warrantsuch action, but provision has been made for facilitating applicationsfor Reconstruction Finance Corporation loans to receivers of insolventnational banks wherever possible in order to further increase thepayments of dividends to depositors. Reconstruction Finance Cor-poration loan commitments so obtained by receivers of insolventnational banks during the year ended October 31, 1934, as indicatedby the records of this office, amounted to $106,484,700, while cashadvances actually drawn totaled $139,160,885. Total loan commit-ments obtained by receivers of insolvent national banks from the Re-construction Finance Corporation from the date of its organization toOctober 31, 1934, as indicated by the records of this office, amountedto $255,675,200, while cash advances obtained thereunder totaled$193,049,684. Total Reconstruction Finance Corporation unusedloan commitments and unpaid advances to receivers of insolventnational banks as of October 31, 1934, were, according to the recordsof this office, $44,904,325 and $74,246,615, respectively. An indicationof the general distribution of and benefit derived from these loans bydepositors of those banks involved is evident from the fact that suchloans both hastened and increased the payments of dividends todepositors of approximately 885 insolvent national banks located in43 of the 48 States and in the District of Columbia.
Reorganization activity during the year ended October 31, 1934,has, of course, centered largely in the group of 455 unlicensed bankswith deposits of $429,997,037, which as of January 1, 1934, were still
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REPORT OF THE COMPTROLLER OF THE CURRENCY 3 1
in charge of conservators without reorganizations having been effected.The extent of reorganization activity in this group of banks, referredto in more detail elsewhere in this report, is evident from a total num-ber of 368 reorganizations during the current year, releasing depositsof approximately $183,765,000. However, reorganization efforts onthe part of this office have by no means been confined to the group ofunlicensed banks for which receivers had not been appointed. On thecontrary, in all cases where, regardless of receivers' appointments,existing circumstances indicated the possibility for reorganizations,every effort has continued to be put forth by this office to assist andcooperate with local depositors' committees in effecting sound reor-ganizations. That such efforts to reopen or reorganize national banksin receivership have been to an appreciable extent successful is clearlyevident from the fact that during the current year 28 insolventnational banks with deposits of approximately $21,280,000 have beencompletely restored to solvency and either reopened or sold to otherinstitutions, while in 10 additional instances reorganizations havebeen effected through the medium of Spokane sales of assets to otherinstitutions, providing for releases of deposits amounting to approxi-mately $6,350,000. Further efforts to effect reorganizations of banksin receivership will continue to be made where circumstances indicatethe soundness of reorganization plans advanced.
Relative to the length of time required to complete liquidation ofinsolvent national banks, a compilation has been made covering thoseinsolvent national banks finally closed during the year ended October31, 1934, and for those receiverships finally closed during the 13-yearperiod, November 1, 1921, to October 31, 1934. From data compiledit has been found that insolvent national banks finally closed duringthe year ended October 31, 1934, exclusive of those banks which wererestored to solvency and those for which receivers were appointed forthe purpose of completing unfinished business or enforcing stockassessements, required an average period of 6 years, with a minimumperiod of 2 years, for liquidation. With reference to insolvent nationalbanks, the affairs of which were finally closed during the 13-yearperiod 1921 to 1934, exclusive of those banks restored to solvencyand banks for which receivers were appointed for the purpose ofcompleting unfinished business or enforcing stock assessments only,the average period of liquidation was found to have been 5 years.
In following paragraphs will be found tables reflecting the resultsand progress of liquidation to date for various groups of insolventnational banks, those which have been completely liquidated fromthe date of the first national bank failure in 1865 to date, and those stillin process of liquidation as of October 31,1934, etc. These tables aresupported by various schedules appearing in the appendix of thisreport furnishing in detail for each insolvent national bank in liquida-tion during the current year data as to the progress and results ofthe receiver's administration thereof.
Receiverships, year ended October 31, 1934
Of the 394 national banks for which receivers were appointed duringthe past year, 8 were restored to solvency, leaving 386 banks to beadministered by receivers. Of the 386 national banks so administeredby receivers 40 appointments were made for the purpose of completing
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3 2 KEPOET OF THE COMPTROLLER OF THE CURRENCY
unfinished business or enforcing stock assessments, leaving 346 to beactually liquidated by receivers. The capital of the 394 insolventnational banks for which receivers were appointed was $56,525,000.The capital of the 40 banks for which receivers were appointed tocomplete unfinished business or enforce stock assessments was$8,920,000. The capital of the 8 banks restored to solvency was$685,000 and the capital of the remaining 346 banks to be liquidatedby receivers was $46,920,000.
Stock assessments levied by the Comptroller of the Currency toOctober 31, 1934, against shareholders of the 386 national banksadministered by receivers, with capital of $55,840,000, amounted to$40,938,750, while the assets of such banks, including assets acquiredsubsequent to their failure, totaled $615,562,497. Collections fromthese assets, including offsets allowed and collections from stockassessments as reported by receivers to September 30, 1934, amountedto 30.3 percent of such assets and stock assessments. Total incomeearnings collected by receivers from the assets of these banks amount-ing to $9,111,347 were in excess, or 122.89 percent, of total expensesincurred. These collections and the disposition thereof were asfollows:
Liquidation statement, 386 administered receiver ships, year ended Oct. 81, 1934
Collections:Collections from assets $171, 780, 302Collections from stock assessments 8, 065, 482Income earning collections 9, 111, 347Offsets allowed and settled (against assets) 19, 065, 592Unpaid balance Reconstruction Finance Corporation loans. _ 31, 890, 022
Total 239, 912, 745
Disposition of collections:Dividends paid by receivers to unsecured creditors 17, 182, 606Dividends paid by receivers to secured creditors 422, 679Distributions by conservators to unsecured creditors 81, 518, 734Distributions by conservators to secured creditors 13, 410, 942Payments to secured and preferred creditors other than
through dividends 76, 993, 814Offsets allowed and settled (against liabilities) 19, 065, 592Disbursements for the protection of assets ^_ 703, 996Payment of receivers7 salaries, legal and other expenses 2, 554, 740Payment of conservators' salaries, legal and other expenses. _ 4, 859, 441Cash balances in hands of Comptroller and receivers 23, 200, 201
Total 239, 912, 745
In addition to the above record, it is found that total secured andunsecured claims proved as reported by receivers to September 30,1934, aggregated $201,202,090. The outstanding circulation of the386 banks at date of failure was $30,148,474, secured by United Statesbonds on deposit with the Treasurer of the United States of a parvalue of $34,249,220. Total deposits of these banks at date of failureamounted to $381,108,228, while borrowed money consisting of billspayable, rediscounts, etc., totaled $92,592,549.
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REPORT OF THE COMPTROLLER OF THE CURRENCY 33
Receiverships, 1865-1934
From the date of the first failure of a national bank in the year 1865to October 31, 1934, 2,908 national banks have been placed in chargeof receivers. Of this number, 145 have been restored to solvency andeither reopened or sold to other institutions and one bank eliminatedthrough revocation of the receiver's commission as of the date ofissuance, leaving 2,762 banks to be administered by receivers. Ofthese banks so administered, 1,543 are still in process of liquidationand 1,219 have been completely liquidated and the affairs thereoffinally closed.
The capital of the 2,908 insolvent national banks at the date offailure, exclusive of the one bank eliminated through revocation of thereceiver's commission, was $382,055,505. The capital of the 145banks that have been restored to solvency was $22,115,000. Thecapital of the 1,543 banks that are still in process of liquidation was$231,870,085, and the capital of the 1,219 banks that have been com-pletely liquidated was $128,070,420.
The aggregate book value of the assets of the 2,762 administeredreceiverships, including assets acquired after suspension, was $3,511,-304,866, in addition to which there have been levied against share-holders assessments aggregating $299,465,747. Total collections fromthese assets, including offsets allowed and collections from stock as-sessments as reported by receivers to September 30, 1934, amountedto 46.33 percent of the total of such assets and stock assessments.These collections and the disposition thereof were as follows:
Liquidation statement, 2,762 administered receiverships, 1865-1984
(Revised from 1933)Collections:
Collections from assets, including income earnings for1,155 banks completely liquidated to Oct. 31, 1933, andfor accounting purposes, dividends paid secured creditorsof all trusts finally closed Oct. 1, 1924, to Oct. 31, 1929_ $1, 458, 688, 187
Collections from stock assessments 115, 136, 255Income earning collections (unavailable as separate item
for 1,155 banks finally closed to Oct. 31, 1933) 59, 047, 996Offsets allowed and settled (against assets) 191, 405, 753Unpaid balance Reconstruction Finance Corporation
loans 127, 647, 259
Total 1, 951, 925, 450
Disposition of collections:Dividends paid by receivers to unsecured creditors (in-
cluding dividends paid to secured creditors of 815 bankscompletely liquidated to Oct. 31, 1929) 893, 589, 763
Dividends paid by receivers to secured creditors (unavail-able as separate item for 815 banks completely liquidatedto Oct. 31, 1929) 1 57, 212, 358
Distributions by conservators to unsecured creditors 73, 513, 518Distributions by conservators to secured creditors 2, 994, 878Payments to secured and preferred creditors, including
disbursements for the protection of assets, and for ac-counting purposes, dividends paid secured creditors ofall trusts finally closed Oct. 1, 1924, to Oct. 31, 1929___ 581, 076, 096
Offsets allowed and settled (against liabilities) 191, 405, 753Payment of receivers' salaries, legal and other expenses 75, 494, 952Payment of conservators' salaries, legal and other ex-
penses 7, 274, 632
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3 4 REPORT OF THE COMPTROLLER OF THE CURRENCY
Liquidation statement, 2,762 administered receiverships, 1865-1934—Continued
Disposition of collections—Continued.Amount returned to shareholders' agents in cash $4, 501, 599Cash balances in hands of Comptroller and receivers 64, 861, 901
Total 1, 951, 925, 450In addition to the above record of distribution, there have been
returned to shareholders through their duly elected agents assets ofa book value of $16,597,541. Total secured and unsecured claimsproved as indicated by receivers7 reports aggregated $1,983,593,367.The outstanding circulation of these 2,762 receiverships at date offailure was $170,364,376, secured by United States bonds on depositwith the Treasurer of the United States of the par value of $180,015,-531, while total deposits at date of failure amounted to $2,297,567,989.
Active receiverships as of October 81, 1934
The 1,543 banks that were, as of October 31, 1934, still in charge ofreceivers and in process of liquidation had assets, including assetsacquired subsequent to their failure, aggregating $2,728,221,415. Thecapital of these banks was $231,870,085, and there had been levied bythe Comptroller of the Currency to October 31, 1934, stock assess-ments against their shareholders in the amount of $212,063,835. Thecollections from these assets, including offsets allowed and collectionsfrom stock assessments, as reported by receivers to September 30,1934, amounted to 42.56 percent of such assets and stock assessments.Total income earnings collected by receivers from the assets of thesebanks amounting to $57,572,588 were in excess, or 117.04 percent, oftotal expenses incurred. These collections and the disposition thereofwere as follows:
Liquidation statement, 1,543 active receiverships as of Oct. 31, 1934
Collections:Collections from assets $1, 049, 133, 382Collections from stock assessments 71, 625, 746Income-earning collections 57, 572, 588Offsets allowed and settled (against assets) 130, 759, 293Unpaid balance Reconstruction Finance Corporation loans _ 127, 647, 259
Total 1, 436, 738, 268
Disposition of collections:Dividends paid by receivers to unsecured creditors 523, 040, 731Dividends paid by receivers to secured creditors 33, 759, 130Distributions by conservators to unsecured creditors 165, 807, 781Distributions by conservators to secured creditors 20, 255, 292Payments to secured and preferred creditors, other than
through dividends 432, 315, 368Offsets allowed and settled (against liabilities) 130, 759, 293Disbursements for the protection of assets 16, 747, 831Payment of receivers' salaries, legal and other expenses 41, 916, 309Payment of conservators' salaries, legal and other expenses. 7, 274, 632Cash balances in hands of Comptroller and receivers 64, 861, 901
Total 1, 436, 738, 268In addition to the above record, it is found that total secured and
unsecured claims proved as reported by receivers to September 30,
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EEPOBT OF THE COMPTROLLER OP THE CURRENCY 3 5
1934, aggregated $1,555,940,527. The outstanding circulation of the1,543 receiverships at date of failure was $114,760,025, secured byUnited States bonds on deposit with the Treasurer of the United Statesof the par value of $120,840,020. Total deposits of these banks atdate of failure amounted to $1,878,453,602, while borrowed moneyconsisting of bills payable, rediscounts, etc., totaled $344,686,686.
Receiverships terminated, year ended October 81, 1934
During the year ended October 31, 1934, 64 receiverships wereliquidated and finally closed, in addition to which 28 receivershipswere restored to solvency and either reopened or sold to other insti-tutions. The 64 receiverships finally closed had assets, includingassets acquired subsequent to their failure, aggregating $44,663,845.The capital of these 64 banks was $4,940,000 and assessments againstshareholders levied by the Comptroller of the Currency aggregated$3,575,000. The collections from these assets, including offsetsallowed and collections from stock assessments as indicated byreceivers' final reports, amounted to 66.57 percent of such assets andstock assessments. Total income earnings collected by receivers fromthe assets of these banks amounted to $1,475,408 or 79.55 percent oftotal expenses incurred. These collections and the disposition thereofwere as follows:
Liquidation statement, 64 administered receiverships finally closed, year endedOct. 31, 1934
Collections:Collections from assets $27, 225, 512Collections from stock assessments 1, 983, 938Income earning collections 1, 475, 408Offsets allowed and settled (against assets) 2, 904, 005
Total 33, 588, 863
Disposition of collections:Dividends paid to unsecured creditors 12, 802, 446Dividends paid to secured creditors 2, 244, 081Payments to secured and preferred creditors, other than
through dividends 13, 537, 648Offsets allowed and settled (against liabilities) 2, 904, 005Disbursements for the protection of assets 235, 839Payment of receivers' salaries, legal and other expenses 1,854, 752Amount returned to shareholders' agents in cash 10, 092
Total 33, 588, 863In addition to the above record of distribution, there were returned
to shareholders through their duly elected agents assets of a book valueof $217,255. Total secured and unsecured claims proved as indicatedby receivers' final reports aggregated $23,491,003. The outstandingcirculation of these 64 closed receiverships at date of failure was$2,348,000, secured by United States bonds on deposit with theTreasurer of the United States of a par value of $2,383,010. Totaldeposits of these banks at date of failure amounted to $26,590,650,while borrowed money consisting of bills payable, rediscounts, etc.,totaled $11,193,371.
From the above it will be noted that the average percentage ofall dividends paid on the aggregate of secured and unsecured claimsof $23,491,003 proved against the 64 receiverships that were finally
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3 6 REPORT OF THE COMPTROLLER OF THE CURRENCY
closed during the year ended October 31, 1934, but not including the28 banks restored to solvency which paid 100 percent, was 64.05percent. If payments to secured and preferred creditors, offsets, andother disbursements, amounting to $16,677,492, were included withthe dividends paid in this calculation, the total disbursements tocreditors would amount to $31,724,019, or 78.98 percent of theaggregate of claims proved plus secured and preferred liabilities paid,offsets allowed and settled, and other disbursements, or total basicliabilities amounting to $40,168,495.
Expenses incident to the administration of the 64 trusts, such asreceivers7 salaries, legal and other expenses amounted to $1,854,752,or 3.84 percent of the book value of the assets and stock assessmentsadministered, or 6.05 percent of collections from assets and stockassessments. The assessments against shareholders averaged 72.38percent of their holdings and total collections from such assessmentsas were levied amounted to 55.5 percent of the amount assessed.
Receiverships terminated, 1865-1934
From the date of the first failure of a national bank in 1865 to theclose of business October 31, 1934, 1,364 receiverships have beenadministered and the trusts closed or the affairs thereof restored tosolvency. Included in this number are the 145 banks restored tosolvency, 28 in 1934, and 64 the affairs of which were finally closedduring the year 1934. The 1,219 banks administered by receivershad assets, including assets acquired subsequent to their failureaggregating $783,083,451. The capital of these 1,219 banks was$128,070,420 and there were levied by the Comptroller of the Cur-rency stock assessments against their shareholders in the amount of$87,401,912. The collections from these assets, including offsetsallowed and collections from stock assessments as indicated byreceivers' final reports, amounted to 59.01 percent of such assets andstock assessments. These collections and the disposition thereofwere as follows:
Liquidation statement, 1,219 administered receiver ships finally closed, 1865-1934{revised from 1933)
Collections:Collections from assets, including income earning collections
for 1,155 banks finally closed to Oct. 31, 1933, and for ac-counting purposes, dividends paid secured creditors of alltrusts finally closed Oct. 1, 1924, to Oct. 31, 1929 $409, 554, 805
Collections from stock assessments 43, 510, 509Income earning collections (unavailable as separate item for
1,155 banks finally closed to Oct. 31, 1933) 1, 475, 408Offsets allowed and settled (against assets) 60, 646, 460
Total 515, 187, 182
Disposition of collections:Dividends paid by receivers to unsecured creditors (including
dividends paid secured creditors of 815 banks completelyliquidated to Oct. 31, 1929) 277, 972, 054
Dividends paid by receivers to secured creditors (unavailableas separate item for 815 banks completely liquidated toOct. 31, 1929) 6, 475, 529
Payments to secured and preferred creditors, including dis-bursements for the protection of assets, and for accountingpup oses, dividends paid secured creditors of all trustsfinally closed Oct. 1, 1924, to Oct. 31, 1929 132, 012, 897Digitized for FRASER
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REPORT OF THE COMPTROLLER OF THE CURRENCY 3 7
Liquidation statement, 1,219 administered receiverships finally closed, 1865-1934—Continued
Disposition of collections—Continued.Offsets allowed and settled (against liabilities) $60, 646, 460Payment of receivers' salaries, legal and other expenses 33, 578, 643Amount returned to shareholders7 agents in cash 4, 501, 599
Total 515, 187, 182In addition to the above record of distribution, there were returned
to shareholders through their duly elected agents, assets of a bookvalue of $16,597,541. Total secured and unsecured claims proved asindicated by receivers' final reports aggregated $427,652,840. Theoutstanding circulation of these 1,219 closed receiverships at date offailure was $55,604,351, secured by United States bonds on depositwith the Treasurer of the United States of a par value of $59,175,511,while total deposits at date of failure amounted to $419,114,387.
From the above it will be noted that the average percentage of alldividends paid on the aggregate of secured and unsecured claims provedagainst the 1,219 receiverships that have been finally closed, but notincluding the 145 restored to solvency which paid 100 percent, was66.51 percent. If payments to secured and preferred creditors, offsetsand other disbursements, as indicated above, were included with thedividends paid in this calculation, the total disbursements to creditorswould amount to $477,106,940 or 76.91 percent of claims proved plusother liabilities paid, but not included in the figure above of provedclaims, or $620,312,197.
Expenses incident to the administration of the 1,219 closed trusts,such as receivers' salaries, legal and other expenses, amounted to$33,578,643 or 3.86 percent of the book value of the assets and stockassessments administered, or 7.39 percent of collections from assetsand stock assessments. The assessments against shareholders aver-aged 68.25 percent of their holdings and total collections from suchassessments as were levied amounted to 49.78 percent of the amountassessed.
Total liquidation operations, year ended September 30, 1984
Total liquidation operations of insolvent national banks for the12-month period October 1, 1933, to September 30, 1934, inclusive,as reported by receivers of all national banks in process of liquidationduring such period, were as follows:
Liquidation statement, summary for year ended Sept. 30, 1934
Collections:Cash balances in hands of Comptroller and receivers, Oct. 1,
1933 $39, 861, 787Collections from assets (including income earnings unavail-
able as a separate item) 433, 395, 251Collections from stock assessments 24, 195, 817Offsets allowed and settled (against assets) 44, 127, 448Increase in unpaid balance Reconstruction Finance Corpora-
tion loans 89, 959, 565
Total 631, 539, 868
106093—35——4
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38 REPORT OF THE COMPTROLLER OF THE CURRENCY
Liquidation statement, summary for year ended Sept. 80, 1934—Continued
Disposition of collections:Dividends paid by receivers to unsecured creditors $141, 016, 736Dividends paid by receivers to secured creditors 23, 671, 533Distributions by conservators to unsecured creditors 126, 042, 888Distributions by conservators to secured creditors 20, 255, 292Payments to secured and preferred creditors 179, 343, 626Offsets allowed and settled (against liabilities) 44, 127, 448Disbursements for the protection of assets 8, 901, 767Payment of receivers' salaries, legal and other expenses 16, 677, 208Payment of conservators' salaries, legal and other expenses 6, 631, 377Amount returned to shareholders' agents in cash 10, 092Cash balances in hands of Comptroller and receivers 64, 861, 901
Total 631, 539, 868It will be noted from the above that the percentage of liquidation
costs to total collections from all sources, including offsets allowed,for the year ended September 30, 1934, was but 4.6 percent.
Table showing summary of status, progress and results of liquidation of all nationalbanks placed in hands of receivers from the date of the first national bank failureApr. 14, 1865, to Oct. 31, 1934
[Revised from 1933]
Total assets taken charge of by receivers
Disposition of assets:Collections from assets (including income earnings for
1,155 banks completely liquidated to Oct. 31, 1933)—Offsets allowed and settled (against assets)Losses on assets compounded or sold under order of
court __ _ .Book value of assets returned to shareholders' agents. _Book value of remaining assets _ _ -
Total.
Collections:Collections from assets as aboveCollections from stock assessmentsIncome earnings collections: interest, premiums, rents,
etc. (unavailable as separate item for 1,155 banks com-pletely liquidated to Oct. 31, 1933).
Offsets allowed and settled as above (against assets)Unpaid balance Reconstruction Finance Corporation
loans. . ._
Total
Disposition of collections:Dividends paid by receivers to unsecured creditors
(including dividends paid to secured creditors for815 banks completely liquidated to Oct. 31,1929)
Dividends paid by receivers to secured creditors (un-available as separate item for 815 banks completelyliquidated to Oct. 31,1929)
Distributions by conservators to unsecured creditorsDistributions by conservators to secured creditorsPayments to secured and preferred creditors, including
disbursements for protection of assets. _Offsets allowed and settled (against liabilities). ._Payment of receivers' salaries, legal and other expenses.Payment of conservators' salaries, legal and other ex-
penses
Closedreceiverships,
1,219 °
$783,083,451
409,554,80560,646,460
296,284, 64516,597,541
783,083,451
409, 554,80543,510,509
1,475,40860,646,460
515,187,182
277,972,054
6,475,529
132,012,89760, 646,46033,578,643
Activereceiverships,
1,543
$2,728,221,415
1,049,133,382130,759,293
142,362,234
1,405,966,506
2,728,221,415
1,049,133,38271,625,746
57,572,588130,759,293
127,647,259
1,436,738,268
523,040, 731
33,759,130165,807,78120, 255, 292
449,063,199130,759,29341,916,309
7,274,632
Totalreceiverships,
2,762 «
$3,511,304,866
1,458,688,187191,405,753
438,646,87916,597,541
1,405,966,506
3,511,304,866
1,458,688,187115,136, 255
59,047,996191,405,753
127,647,259
1,951,925,450
801,012, 785
40, 234,659165,807, 78120, 255, 292
581,076,096191,405,75375,494,952
7,274,632a Does not include 145 banks restored to solvency and 1 bank in connection with which the receiver's
commission was revoked as of date of issuance.
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REPORT OP THE COMPTROLLER OF THE CURRENCY 39
Table showing summary of status, progress and results of liquidation of all nationalbanks placed in hands of receivers from the date of the first national bank failureApr. 14, 1865, to Oct. 81, 1934—Continued
Disposition of collections—Continued.Amount returned to shareholders' agents in cashCash .balances in hands of Comptroller and receivers..
Total-
Capital stock at date of failure—- _United States bonds held at failure to secure circulating
notesUnited States bonds held to secure circulation, sold and
circulation redeemed..Circulation outstanding at date of failureAmount of assessments upon shareholders _Total deposits at date of failureBorrowed money; bills payable, rediscounts, etc., at date
of failure (unavailable for 1,086 banks completely liqui-dated to Oct. 31, 1932)
Claims proved—
Closedreceiverships,
1,219
$4,501,599
515,187,182
150,185,420
59,175,511
59,175,51155,604,35187,401,912
419,114,387
20,002, 271427, 652,840
Activereceiverships,
1,543
$64,861,901
1,436,738, 268
231,870,085
120,840,020
118,009,720114,760,025212,063r 835
1,878, 453, 602
1,555,940,527
Totalreceiverships,
2,762
$4, 501, 59964,861,901
1,951,925,450
* 382,055,505
180,015,531
177,185,231170,364,376299,465,747
2, 297,567,989
364, 688,9571,983,593,367
6 Includes capital stock of 145 banks restored to solvency.
Data as to results of liquidation in 64 insolvent national bankscompletely liquidated and finally closed, and 28 insolvent nationalbanks the affairs of which were restored to solvency, during the yearended October 31, 1934, are given in the following table:
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National bank receiverships the affairs of which were finally closed or restored to solvency during the year ended Oct. 81, 1984
Location Title Date receiverappointed
Date finallyclosed or re-stored to sol-
vencyCapital
Total assetsand stockassessment
Borrowedmoney
(bills pay-able, redis-
counts,etc.)
Total de-posits
Total divi-dends paid
Percentdividends
paid IO
O
OOKhj
Bloomington, 111.3Brookings, S. Dak
DoBrownwqod, Tex.1Buena Vista, ColoBurlington, Iowa iBurlington Junction, Mo_Calexico, CalifCambridge, 111.3Carnegie, Okla.3Champaign, 111Cheboygan, MichCherokee, Okla.3Chowchilla, CalifClarksville, ArkClaxton, Ga.3Clinton, MinnColeridge, NebrConway, Wash.3Covington, Ind.3Crestline, Ohio 1
Dardanelle, Ark.3Delta, Pa.3Durham, N. CEnumclaw, Wash.tFederalsburg, MdFrisco, TexFulton, KyGeorge West, TexGoreville, 111Hammond, N. Y.3Hope, IndJacksonville, Ala.3.Kingsbury, TexKnoxville, Tenn __Laurinburg, N. CLa Veta, Colo.3Le Mars, Iowa 3
First National Bank & Trust Co.Farmers National BankFirst National BankCoggin National BankFirst National BankMerchants National BankFirst National Bank
.do-Farmers National Bank..First National Bank
.do.do-
Farmers National Bank-First National Bank
.do..do...do._do.-do-
National Bank of Covington.First National Bank
.do-Peoples National BankFirst National BankEnumclaw National Bank.First National Bank _
.do.do..do..do.
Citizens National Bank.,.-..doFirst National Bank
do-East Tennessee National Bank-First National Bank.—do....do
Oct.Dec.Feb.Apr.Nov.Dec.Jan.JulyOct.Sept.Mar.JuneOct.MayNov.JulyFeb.Jan.Jan.Oct.Jan.Sept.Aug.Jan.Dec.JulyDec.Dec.Aug.Dec.Oct.Feb.Mar.Jan.Jan.Dec.Sept.Oct.
27,19333,19269,192427.19326.19312.193022,193024.192827.193312,19334.193212.19305.193328,192718.192911.193310.192712,192930.19349,193328.193119,19338.1933
18.193212,19329.193131.19288,193024.19325,193012.193315.19296.193410.192920,193323.193012,193331,1933
JuneSept.Nov.Feb.Nov.Oct.MayFeb.JulyMayAug.Aug.Sept.Mar.Aug.Aug.Oct.Apr.JuneSept.Oct.Oct.JuneJan.Oct.JulyJan.Jan.Feb.Mar.Oct.Oct.Oct.Oct.Dec.Dec.Aug.Aug.
6,193421,193429,19339,193420.193313.193418,103419,193427,193411,19341,193427,19343,19346,19341,19346,193431,193425,193412,19347,193431,19344,193422,193411,19349,193421,193429,19344,193419,19346,193415,193431,193412,19348,193421,193314.193329.193427,1934
$300, 00050, 000100, 000100, 00025,000100, 00025, 000
300, 00050, 00030, 000
300, 00050, 00040, 00025, 000100,00050,00025,00040,00025,00050, 00075, 00025,00050, 000
600, 00050,00025,00025,00050,00050,00025,00025, 00030,00025,00025,000
2,000, 00025, 00025, 000100, 000
$1, 200,1451, 315, 037
100, 000151,019100. 000559, 402
1, 443, 544
6, 529. 4081, 615,088
304, 374660, 635
279, 620374, 576
143, 573
>, 970,15850,000
302, 932135, 817291,091
155, 310
" 474," 714"
127, 612
"208," 814"
$86, 641370, 382100, 000
$976, 5226S2, 058
437,215
"I," 226," 485"
98, 048
284, 43110, 741
$825, 529173. 2887.500
74, 89372, 704120,160
810,10050, 000
4,174, 2581, 381, 383
7 1, 926, 8501,190, 319
25. 88572, 456
219, 524353,179
149,862125,161
47,08778,140
162, 825150, 689
93, 064131, 083
75,000 53,167
2,175, 90950,0005,6716,56220,000
3, 673, 443
234, 3756,490
140, 347
« 1,838, 52144, 275173, 71433, 35395, 636
20, 584
"24," 656
78,154
"§13," 914
48, 352
"282," 274'
13, 942
"l7," 493
38, 205
" 108," 656"
22, 587
"61," 885"
2 10078.69717.517.5
4 105. 77116. 62935.92
2 1002 1007 6089. 628
2 10089.5344.07
2 10062.14792. 277
2 1002 100100
2 1002 100MOO88.5581.7164.7575.24
2 10066.3
2 10076.48
2 10040. 665
2 10068.5
21002 100
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168025642009282516891228743
2379106122868991296124910491344139916559482011238610261079846122721842321201813331111271074622761295237013725491461255813611210869
2343
Limon, ColoLlano, TexLonaconing, Md.'Lorain, Ohio3
Lynchburg, OhioMadison, S. DakMandan, N. DakMarietta, Pa.3Marked Tree, ArkMarlin, TexMatoaka, W. VaMcHenry, N. DakMiddletown, DelMilbank, S. DakMilford, 111Montgomery, Ala.1
Monticello, Ind.1
Muskogee, OklaNebo, 111Newfleld, N. J.3Oakes, N. DakOrtonville, MinnOzark, AlaPlain view, Nebr . .Rensselaer, Ind.L ___. , ._ .Ripley, Tenn.1
Roscoe, Tex.1
Royse City, TexRush City, MinnSan Antonio, Tex.3
Sioux Falls, S. DakSioux Rapids, Iowa iSouth Pasadena, CalifStockport, Ohio 3Strawn, 111Sutton, W. VaSweetwater, TennSylvester, Tex.3Tifton, GaToronto, S. DakTownsend, MontTrinidad, Colo.3
Limon National BankCitizens National BankFirst National BankNational Bank of CommerceFirst National BankLake County National BankMerchants National BankExchange National BankFirst National BankMarlin-Citizens National BankFirst National Bank
do-Peoples National Bank..First National Bank
do-Fourth National BankNational Bank of MonticelloMuskogee-Security National Bank-First National Bank
.do.Oakes National Bank.__.Citizens National Bank-First National Bank
.do.do..-do...do. ..do. .. d o -
Commercial National BankSioux Falls National BankFirst National BankSouth Pasadena National Bank-First National BankFarmers National BankFirst National Bank _.
.do. d o -
National Bank of Tifton.First National Bank._—doTrinidad National Bank.
Sept.Nov.Apr.MaySept.Aug.Dec.Sept.Nov.Mar.Mar.JulyDec.NovMar.Sept.Aug.Nov.Apr.Sept.Sept.Jan.Oct.Aug.Nov.JulyApr.Feb.Feb.Jan.Jan.Feb.JulySeptJuneAug.Dec.Nov.Apr.Apr.Jan.Aug.
16.193114,193311.19329,1934
28,193129,192826.192313.193330,19261,19333,19253.1929
14,192815.1926
4, 19306.1930
15.19317.1925
12.193215.19334.19264.1927
23̂ 192422,192821.193228.193327.193211,193021.192731.193424.192413, 19332,1929
11.193311,193029,191417.193010,193312,19303.19288,1925
18,1933
Aug.MayOct.Oct.Apr.JuneNov.Oct.JulyApr.Sept.Dec.Jan.Aug.Oct.Oct.Dec.JulySept.JulyDec.Aug.MayMaySept.Nov.Aug.JulyOct.Oct.Aug.Oct.Jan.JuneJan.MayFeb.MayAug.MayOct.May
20,193412,19343,1934
22,193430,193419,193427.19333,193425.193423,193426,19348.19334.193416,19341,19348,193419.19333,193413.193431,193411.19338,19349,193428.19343,193424.193310.193431,193431,193416,193410, 193431,193411,19345,193412,19347,193417,193410,19346,193417,193426,193418,1934
30,00075, 00025, 000
150, 00050, 00075, 00050, 00050, 00050, 000
200, 00050, 00025, 00080, 00050, 00050, COO
500, 00040, 000
200, 00040, 00050, 00025, 00025, 00035, 00040, 000120, 00025, 00025, 00050, 00050, 000
300, 000150, 00050, 000100, 00025, 00025, 00050, 00060, 00035, 000100, 00025, 00050, 000
100, 000
184, 913
""267650"
339, 909625,882526, 521
362, 405
915, 635124, 331827,008570, 643506, 039
2, 559,81985,862
3, 054.140280, 851
328, 557402, 577453, 976463,241
1,000
68, 725314, 591519,118
3, 273,149119, 793983, 249
177,805510, 867294, 024
937, 468333, 036254, 601
60, 643
~88,"46l"
40,132
43, 912
92,225
89. 40328, 063174,13064, 51831,841
2,854, 93117, 299
263, 720
27, 65961. 808157, 73373, 050
14,186
"28," 180
583, 12051,196
12, 0C021, 05820, 000
89, 01918, 95016, 076
57, 987
186, 811465, 247334, 505
107, 658
604, 02446, 763425, 318332, 973348, 967
2,122, 001154,197
216, 250265, 030175,140267, 232
153, 397359, 940
2, 215, 436
"""704," 440
112,492365,125141,914
458,910205, 34982, 590
26, 456
"24," 574"
103, 777282, 021160, 094
9,852
452, 2913,087
277, 753155, 213268, 633247, 01515, 754
1, 273, 772153, 075
46, 165142, 79321,81791, 257
9,59091,164219, 420
959, 3979,212
361,159
91, 460350,389113, 526
207, 54491, 28655, 434
77.562 10027.78
2 10064.1476. 73648. 095
2 10011.28
2 10088. 6044.72
56. 83360.5883. 0138.546
1 102. 6491.345
4103. 872 100
23.8961.27.3
41.08
10063.563. 532
2 10050. 001818.2489
2 10086.3810090.41
2 10054.553.6375.2
2 1001 Receiver appointed to levy and collect stock assessment covering deficiency in value of assets sold, or to complete unfinished liquidation.2 Restored to solvency.3 Formerly in conservatorship.* Principal and interest paid in full.«106.5 percent principal and interest in full paid nonassenting creditors by Comptroller's checks and 100 percent paid assenting creditors by purchasing bank in accordance with
agreements.7 Dividend of 60 and 100 percent paid through purchasing bank to assenting creditors and nonassenting creditors, respectively, in accordance with agreements.
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National bank receiverships the affairs of which were finally closed or restored to solvency during the year ended Oct. 31, 1934—Continued
Trustno.
. 14532373138726811241941977
11512503269513802152
Location
Ullin, 111Utica, Nebr3
Vanderbilt, PaVermilion, 111.3Wakefield, NebrWarren, MinnWaukon, IowaWaukon, IowaWest, Tex.eWhat Cheer, Iowa 3Williams, TnwaWyoming, Iowa* . .
Total
Title
First National Bankdododo
Farmers National Bank _First National Bank
do . . . . . .Peoples National BankNational Bank of WestFirst National Bank
do . -do—. - - .
Date receiverappointed
Dec. 12,1930Sept. 12,1933Aug. 4,1930Jan. 12,1934Nov. 21,1928Oct. 10,1925Jan. 18,1926July 19,1927Oct. 30,1933Jan. 18,1934July 1,1930Oct. 11,1932
Date finallyclosed or re-stored to sol-
vency
Jan. 8,1934Apr. 16,1934Oct. 4,1934May 15,1934May 29,1934Oct. 8,1934Apr. 24,1934June 5,1934Oct. 9,1934May 18,1934June 30,1934Sept. 21,1934
Capital
$25,00030,00025,00025,00050,00050,000
100,000125,00050,00050, 00025,00050,000
8,925,000
Total assetsand stockassessment
$224,434
246, 729
673,011630, 452
1,090, 643986,839
351,134116,349
48, 238,845
Borrowedmoney
(bills pay-able, redis-
counts,etc.)
$39,228
44,545113,171104,30657, 521
46,81050,925
11,193, 371
Total de-posits
$130,169
140,908
461,419418,618739,072529, 744
173, 782
26, 590, 650
Total divi-dends paid
$82,309
135,699
341,11461,085
387,180322,819
43, 68313,481
15,046, 527
Percentdividends
paid
71.0172 100
101.181100
85.72213.47453.80964.39
2 1002 100
29.5526.472
* Receiver appointed to levy and collect stock assessment covering deficiency in value of assets sold, or to complete unfinished liquidation.»Restored to solvency.3 Formerly in conservatorship.• Licensed bank subsequently found insolvent.
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EEPORT OF THE COMPTROLLER OF THE CURRENCY 4 3
STATE BANK FAILURES, DISTRICT OF COLUMBIA
Receiverships, year ended October 81,1934
In addition to national banks placed in receivership during theyear ended October 31, 1934, receivers were appointed by this officeduring such period for 8 State banks located in the District of Co-lumbia, which with similar appointments previously made resultedin a total of 14 District of Columbia State banks in charge of receiversas of October 31, 1934. Of the 8 banks for which receivers wereappointed during the current year 4 had operated under chartersfrom the State of Arizona, 2 under charters from the State of WestVirginia, 1 under charter from the State of Virginia, and 1 had beenincorporated under the laws of the District of Columbia. The ap-pointments of receivers for these banks were made under authoritygranted by existing legislation permitting banks incorporated underthe laws of the District of Columbia and banks with State chartersto operate in the District of Columbia under supervision of the officeof the Comptroller of the Currency.
Total assets of these 8 receiverships, including assets acquiredsubsequent to their failure, aggregated $12,580,853. The capital ofthese banks was $740,000 and assessments against shareholderslevied by the Comptroller of the Currency to October 31, 1934,aggregated $340,000. The collections from these assets, includingoffsets allowed and collections from stock assessments as reported byreceivers to September 30, 1934, amounted to 45.75 percent of thetotal of such assets and stock assessments. Total income earningscollected by receivers from the assets of these banks amounting to$332,097 were in excess, or 119.56 percent, of total expenses incurred.These collections and the disposition thereof were as follows:
Liquidation statement, eight banks for which receivers were appointed year endedOct. 81, 1934
Collections:Collections from assets $5, 120, 823Collections from stock assessments 16, 987Income earning collections 332, 097Offsets allowed and settled (against assets) 772, 896Unpaid balance Reconstruction Finance Corporation loans 1, 529, 653
Total 7, 772, 456
Disposition of collections:Dividends paid by receivers to unsecured creditors 1, 053, 000Dividends paid by receivers to secured creditors 0Distributions by conservators to unsecured creditors 2, 865, 833Distributions by conservators to secured creditors 10, 750Payments to secured and preferred creditors other than through
dividends 2, 421, 324Offsets allowed and settled (against liabilities) 772, 896Disbursements for the protection of assets 18, 589Payment of receivers' salaries, legal and other expenses 110, 808Payment of conservators' salaries, legal and other expenses 166, 962Cash balances in hands of Comptroller and receivers 352, 294
Total 7, 772, 456
In addition to the above record of distribution, it is found thattotal secured and unsecured claims proved against these eight re-ceiverships as reported by receivers to September 30, 1934, aggre-
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4 4 REPORT OF THE COMPTROLLER OF THE CURRENCY
gated $6,985,951. Total deposits of these banks at date of failureamounted to $8,271,441, while borrowed money consisting of billspayable, rediscounts, etc., totaled $2,022,624.
Active receiverships as of October 31, 1934
The 14 State banks located in the District of Columbia that wereas of October 31, 1934, still in charge of receivers appointed by theComptroller of the Currency and in process of liquidation had assets,including assets acquired subsequent to their failure, aggregating$22,064,544. The capital of these banks was $2,252,890, and therehad been levied by the Comptroller of the Currency to October 31,1934, stock assessments against their shareholders in the amount of$852,990. The collections from these assets, including offsets allowedand collections from stock assessments as reported by receivers toSeptember 30, 1934, amounted to 40.79 percent of the total of suchassets and stock assessments. Total income earnings collected byreceivers from the assets of these banks amounted to $498,721, or94.57 percent of total expenses incurred. These collections and thedisposition thereof were as follows:
Liquidation statement, 14- active receiverships, Oct. 31, 1934
Collections:Collections from assets : $7, 837, 525Collections from stock assessments 166, 647Income earnings collections 498, 721Offsets allowed and settled (against assets) 1, 344, 307Unpaid balance Reconstruction Finance Corporation loans 1, 738, 653
Total 11, 585, 853
Disposition of collections:Dividends paid by receivers to unsecured creditors 2, 451, 770Dividends paid by receivers to secured creditors 34, 466Distributions by conservators to unsecured creditors 2, 865, 833Distributions by conservators to secured creditors 10, 750Payments to secured and preferred creditors other than through
dividends 3, 555, 049Offsets allowed and settled (against liabilities) 1, 344, 307Disbursements for the protection of assets__„ 90, 387Payment of receivers' salaries, legal and other expenses 340, 288Payment of conservators' salaries, legal and other expenses 187, 089Cash balances in hands of Comptroller and receivers 705, 914
Total 11, 585, 853
In addition to the above record of distribution, it is found that totalsecured and unsecured claims proved against these 14 receiverships asreported by receivers to September 30, 1934, aggregated $9,950,010.Total deposits of these banks at date of failure amounted to $14,779,-226, while borrowed money consisting of bills payable, rediscounts, etc.,totaled $4,043,212.
UNLICENSED NATIONAL BANKS
Status as of March 16, 1933
On March 16, 1933, at the close of the banking holiday, thereremained 1,400 unlicensed national banks, exclusive of 10 unlicensedState banks located in the District of Columbia. In addition to these
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REPORT OF THE COMPTROLLER OF THE CURRENCY 45
1,400 unlicensed national banks, 5 national banks licensed prior toMarch 16, and 1 bank licensed after such date were subsequentlyclosed through revocations of license and 1 bank which suspendedprior to the date of the banking holiday continued as a closed institu-tion, making in all 1,407 national banks, which, with the addition ofthe 10 District of Columbia State banks unlicensed as of March 16,resulted in an aggregate total of 1,417 banks the affairs of which hadnot been definitely and finally disposed of on March 16, 1933.
While no comparable deposit figures are available for all of these1,417 banks, it is found that deposits as of December 31, 1932, thelast call date prior to the banking holiday, for 312 of such banks dis-posed of to December 31, 1933, through having been licensed, placedin receivership or otherwise in liquidation without the appointmentsof conservators, aggregated $319,342,522. The remaining 1,105 banks,including the 10 unlicensed District of Columbia State banks whichwere placed in charge of conservators subsequent to March 16, hadtotal deposits according to conservators' first reports of conditionsubmitted to this office, amounting to $1,652,617,500. Total depositsfor the entire 1,417 banks unlicensed as of March 16, 1933, as outlinedabove were, therefore, $1,971,960,022.
Administration of unlicensed national banks, January 1 toOctober 31, 1934
Following reorganization and licensing operations to Dceember 31,1933, in connection with the 1,417 banks unlicensed upon March16, 1933, as covered by my annual report for the year 1933, thereremained as of January 1, 1934, 487 banks still in charge of conser-vators out of the original group of 1,417 banks. Of these 487 banksin charge of conservators as of January 1, 1934, 32 with total depositsof $4.4,634,425, had, however, been reorganized prior to January 1,1934, with resulting releases amounting to approximately $24,377,000,or 54.6 percent of such total deposits, leaving 455 banks with depositsof $429,997,037 in which no reorganizations had taken place.
During the 10-month period January 1 to October 31, 1934, 40 ofthe 487 banks described above were licensed to resume business, 230banks, including 158 in which reorganizations had been consum-mated, were placed in charge of receivers, 196 were otherwise placed inliquidation following reorganizations, and 21 banks,including 6 in whichreorganizations had taken place, remained in charge of conservators asof October 31, 1934. The 368 conservator banks reorganized duringthe current 10-month period as described above, including the 40banks licensed to resume business, had total deposits of $350,354,065,while releases through such reorganizations amounted to approxi-mately $184,107,000 or 52.6 percent of such total deposits.
Organization data, together with figures as to capital, assets andliabilities as reported by conservators, for the 487 banks remainingin charge of conservators as of January 1, 1934, in total as well asseparately, for those groups of banks licensed, placed in receivership,etc., to October 31, 1934, are given in the following table:
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Unlicensed national banks remaining in charge of conservators as of Jan. 1, 1934, grouped in accordance with the disposition or status thereofas of Oct. 81, 1934, with various statistical data pertaining to such banks1
Groups of banks
Banks licensedBanks placed in receivership (following reorganizations effected in 1933)Banks placed in receivership (following reorganizations effected in 1934)Banks placed in receivership (without prior reorganizations)Banks otherwise placed in liquidation following reorganizations (in voluntary
liquidation or in contemplation thereof)Banks remaining in charge of conservators (in which reorganizations had
occurred)Banks remaining in charge of conservators (in which no reorganizations had
occurred) _
Total banks in charge of conservators as of Jan. 1, 1934.
i Includes 5 unlicensed District of Columbia State banks.
Num-ber ofbanks
4032
12672
196
Capital atdate of
organiza-tion
$1,520,0002,315,0008, 760,0004, 035,000
13, 753,000
775,020
765,000
31,923,020
Capital atdate of
conserva-tors' ap-
pointments
$1,770,0004, 465,00016,305,0009, 630,000
21,680,500
2,950,020
1,482,000
58, 282, 520
Total assetsper conserva-
tors' firstreports ofcondition
$20, 509, 95463, 556, 111223,098,338104, 561,156
244,363, 018
35, 515, 734
22, 708,441
714, 312, 752
Total de-posits per
conservators'first reportsof condition
$14,132,10944, 634,425152, 624,87965,122, 621
161,800,940
21, 796,137
14, 520, 351
474,631, 462
Total bor-rowed money
per con-servators'
first reportsof condition
$2,342, 8788, 462,28227,732,98615, 989, 577
31,179, 096
6, 777, 528
4, 240,147
'6, 724, 494
Deposits re-leased
through re-organizationsduring con-servatorship
$10,255,00024, 377,00072, 009,000
96, 665,000
5,178,000
208,484, 000
Percent-age of
depositsreleased
72.5654.6147.18
59.74
23.76
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OF THE COMPTROLLER OF THE CURRENCY 4 7
Administration of unlicensed national banks March 16, 1933,to October 31, 1934
Of the 1,417 unlicensed National and District of Columbia Statebanks, the affairs of which had not been finally disposed of as ofMarch 16, 1933, 529 banks had as of October 31, 1934, been licensedto resume business, 296 without intervening appointments of con-servators. These 529 licensed banks had total deposits, as of De-cember 31, 1932, for the 296 nonconservator banks and as reportedin conservators' first reports of condition for 233 conservator banks,amounting to $576,938,586, while the reorganizations thereof, inci-dent to issuance of licenses effected releases of deposits amounting toapproximately $522,726,000 or 90.6 percent of such total deposits.
Of the remaining 888 banks,̂ 571 with deposits of $1,057,124,069had been placed in receivership to October 31, 1934, 241 of suchbanks having been reorganized prior to such receivers' appointments.These 241 banks for which receivers were appointed following reor-ganizations had total deposits of $396,260,880, while releases effectedthrough such reorganizations amounted to approximately $207,444,-000 or 52.4 percent of such total deposits.
Of the remaining 317 banks, 296 with total deposits of $301,580,879were otherwise placed in liquidation following reorganizations, whilereleases through such reorganizations amounted to approximately$207,958,000 or 69.0 percent of such total deposits. The remaining21 banks with deposits of $36,316,488 were as of October 31, 1934,still in charge of conservators, although in 6 of such banks with totaldeposits of $21,796,137, reorganizations had taken place releasingdeposits of approximately $5,178,000 or 23.8 percent of such totaldeposits. In all it is found that 1,072 banks out of the original1,417 had been reorganized to October 31, 1934, with releases effectedthrough such reorganizations amounting to approximately 72.8 per-cent of total deposits of the 1,072 banks.
Tables given herewith are supported by schedules appearing in theappendix of this report and in the report for the year 1933 furnish-ing in detail for each unlicensed national or District of ColumbiaState bank information as to assets, deposits, releases of deposits,etc., discussed above. Organization data, together with figures as tocapital, assets and liabilities as indicated by call reports of December31, 1932, and by conservators' first reports of condition for the 1,417unlicensed national and District of Columbia State banks, the affairsof which had Qot been finally disposed of as of March 16, 1933, intotal as well as separately, for the various groups of licensed banks,banks placed in receivership, etc., to October 31, 1934, are given inthe following table:
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Unlicensed national banks as of Mar. 16, 1983, indicating, and grouped in accordance with, the disposition or status thereof as of Oct. 31,1934, with various statistical data pertaining to such banks 1 00
Groups of banksNum-ber ofbanks
Capital atdate of or-ganization
Capital asof Dec. 31,1932, or as
reported inconservators'first reports
Total assetsas of Dec. 31,
1932, or asreported in
conservators'first reports
Totaldeposits asof Dec. 31,1932, or as
reported inconservators'first reports
Total borrowed moneyas of Dec. 31,
1932, or asreported in
conservators'first reports
Totaldepositsreleased
through reor-ganizations
Percent-age of
depositsreleased
Banks licensed _Banks placed in receivership (following reorganizations)Banks placed in receivership (without prior reorganizations)Banks otherwise placed in liquidation following reorganizations (in volun-
tary liquidation or in contemplation thereof)Banks remaining in charge of conservators (in which reorganizations had
occurred)..Banks remaining in charge of conservators (in which no reorganizations had
occurred)
Total unlicensed banks as of Mar. 16, 1933
529241330
296
6
15
$33.064. 30022, 415,000
21, 288,000
22, 538, 000
775, 020
765,000
$49, 652. 80042,875,00061, 282, 500
40, 215, 500
2, 950,020
1, 482,000
$748, 350, 365566. 744,059870,192,191
443,891, 347
35, 515, 734
22, 708,441
$576,938, 586396,160,880660,963,189
301. 580,879
21, 796,137
14,520,351
$40, 633, 79459, 029, 36955,237, 577
46, 709, 050
6, 777, 528
4, 240,147
$522, 726,000207, 444,000
90.652.36
207, 958.000
5,178,000
68.96
23. 76
1,417 100, 845.320 198,457,820 2, 687, 402,137 1,971,960,022 212, 627, 465 943,306,000
i Includes 10 unlicensed District of Columbia State banks.
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ORGANIZATION AND LIQUIDATION OF NATIONAL BANKS
At the close of the current year, October 31, 1934, there were 5,589national banking associations in existence, including inactive bankswhich had not gone into voluntary liquidation, suspended banks, andbanks in charge of conservators for which no receivers had beenappointed. Such institutions are technically in existence. This rep-resents a net loss since October 31, 1933, of 210 banks, or a fractionless than 4 percent, and $260,131,924 in the authorized commoncapital stock. However, at the close of the period under discussionthere was outstanding $468,078,445 of preferred capital stock issuedunder the provisions of the act of March 9, 1933. During the currentyear 107 banks increased their common capital by the aggregate sumof $8,332,526.67. Of this number, four banks effected the increaseby stock dividends, the amount of such increase being $400,000, andeight banks with an aggregate increase of $175,600 from their netearnings incident to the retirement of preferred capital. During thisperiod, by the issuing of preferred stock, 1,292 banks increased theircapitalization by $373,320,150. The increase of 1,229 banks aggregat-ing $351,173,389.65 was purchased by the Reconstruction FinanceCorporation.
An active effort was made by the office of the Comptroller of theCurrency during the past year to strengthen the capital position ofexisting or going national banking associations in order that all banksmight be provided with a satisfactory ratio of capital to depositsand thereby increase the margin of protection for depositors. As aresult 107 national banks increased common capital stock in the sumof $8,332,526.67, and additional capital strengthening in the amountof $373,320,150 was provided by the sale of preferred stock in 1,292national banking associations. The foregoing figures, totaling$381,652,676.67, are exclusive of capital paid into newly organizednational banking associations, and as a comparison it is noted thatcapital strengthening by the sale of common stock and preferred stockin going or existing national banks last year amounted to $57,719,950.
Covering the entire period of national banking operations, up toand including October 31, 1934, there have been authorized to beginbusiness 14,296 national banking associations. Of these 5,945 havevoluntarily closed, some of which discontinued business; othersmerged with other banks, both State and national; and some con-solidated with other national banking associations under authority ofthe act of November 7, 1918. Exclusive of banks which failed butwhich were subsequently restored to solvency, the loss to the systemthroughout this entire period by the liquidation of banks throughreceiverships has been 2,762, the number of these receiverships being19 percent of the total number of banks organized.
During the year ended October 31, 1934, there were 357 nationalbanks, with total common capitalization of $45,188,000, two ofwhich also had preferred capital aggregating $75,000, which went into
49
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5 0 REPORT OF THE COMPTROLLER OF THE CURRENCY
voluntary liquidation. Of this number 28, with common capital of$2,295,000 and assets of $9,333,558, discontinued business; 292,with common capital of $39,403,000 and preferred capital of $75,000were acquired by other national banks; and 37, with capital of $3,490,-000 and assets of $30,159,449, entered the State banking systems.The latter group included three banks of $300,000 capital or over,with aggregate capital of $1,100,000 and assets of $7,751,310.
November 1914 marked the inauguration of the operation of theFederal Reserve System. At that date there were in existence 7,578national banks, with aggregate common capital of $1,072,492,175, ascompared with a total common capitalization of $1,326,915,901 forthe 5,589 national banks in existence on October 31, 1934; 1,833 ofthe national banks took advantage of the act of March 9, 1933, byissuing preferred capital stock and the aggregate amount outstandingatclose of the current year was $468,078,445. Therewas a netdecreaseof 1,989 in the number of banks, but an increase in common capitaliza-tion of $254,423,726 in addition to preferred capitalization of$468,078,445. During this 20-year period 3,644 national banks werechartered, with aggregate common capital of $548,516,600 and apreferred capital of $51,124,300, while 5,633 associations were closedvoluntarily or otherwise.
During the year ended October 31, 1934, in addition to applicationscarried over from the previous year, there were received 409 applica-tions to organize national banks and to con vert State banks into nationalbanking associations, with proposed capital stock of $49,154,190.Of these applications, 470 were approved, with proposed capital stockof $59,974,500; 59 were rejected, with proposed capital stock of$5,070,000; and the remainder were abandoned or no action wastaken thereon. Of the 427 banks chartered, 244 were chartered totake over 278 banks which were in weakened condition, while 157others were organized to acquire the assets and assume the liabilitiesof 158 suspended national banks and 11 State banks in charge ofconservators or for which receivers were appointed. Only 26 of thistotal number of applications were approved for the primary organiza-tion of new national banking associations; however, 11 of this lattergroup subsequently acquired the assets and assumed the liabilities tocreditors of a like number of insolvent national banks.
In this same year, 476 national banking associations, with commoncapital of $41,396,800, were authorized to begin business, 18 of whichwere located in the New England States, 136 in the Eastern States,106 in the Southern States, 169 in the Middle Western States, 37 inthe Western States, and 10 in the Pacific States. During this period306 of the banks chartered had, in addition to their common capitaliza-tion, preferred capital stock aggregating $19,777,300. The greatestactivity, as indicated by the number of national banks organized,was evidenced in the following States: Pennsylvania, 87; Illinois, 41;Texas, 39; Ohio, 34; Michigan, 25; New Jersey, 22; Iowa, 21; NewYork, 21; Wisconsin, 19; Indiana, 15; West Virginia, 13; Nebraska,10; Colorado, 9; Arkansas, 8; Minnesota, 8; Georgia, 7; Kentucky, 7;Louisiana, 7; Oklahoma, 7; Massachusetts, 6; Maryland, 6; Missouri,6; North Carolina, 6; and Virginia, 6. In other States the numberranged from 1 to 5 banks.
It further appears that of the total number of charters issued withinthe year ended October 31, 1934, 18 with authorized common
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REPORT OF THE COMPTROLLER OF THE CURRENCY 5 1
capital of $5,905,000 and no preferred capital, and assets aggregatingapproximately $77,051,917, were the result of conversions of Statebanks, 31 with common capital of $2,497,000 and preferred capital of$2,498,000 were reorganizations of 32 State banks, 401 with com-mon capital of $28,927,500 and preferred capital of $16,452,000were primary organizations for the purpose of acquiring the businessof 436 liquidating or suspended national banks and 11 State banks,and 26 with common capital of $4,067,300 and preferred capital of$827,300 did not acquire the business of any other banking institutionas of date of charter. The business of 32 State banks, with capitalof $1,569,500 and assets aggregating approximately $17,029,780, waspurchased by national banks.
During the year ended October 31, 1934, 4 national banking associa-tions were consolidated into 2, under authority of the act of November7, 1918, the common capital of the consolidated banks being $300,000,and the preferred capital $50,000. In each instance there was anincrease in capital, the net result by reason of these consolidationsbeing an increase in the common capital stock of $50,000, and in thepreferred capital stock of $50,000. During the same period therewere 10 consolidations under the act of February 25, 1927, involvingthe merger of 10 State banks with national banks, through whichadditional assets of approximately $74,714,485 were brought into thenational system.
ORGANIZATION OF BANKS OTHER THAN NATIONAL
In the year ended October 31, 1934, three banks other than nationalfor which the consent of this office was given to permit commencementof business, were incorporated under the provisions of the Code ofLaws of the District of Columbia. One of these associations was theIndustrial Bank of Washington, which was organized to take over theIndustrial Savings Bank for which a receiver was appointed September20, 1934. The other two associations were the Export-Import Bankof Washington, and the Second Export-Import Bank of Washington,D. C , pursuant to Executive orders dated February 2, 1934, andMarch 9, 1934, respectively, which are quoted below:
EXECUTIVE ORDER
AUTHORIZING THE FORMATION OF A BANKING CORPORATION TO B EKNOWN AS EXPORT-IMPORT BANK OF WASHINGTON
WHEREAS the Congress of the United States has declared that anational emergency exists by reason of widespread unemployment anddisorganization of industry; and has declared it to be the policy ofCongress to remove obstacles to the free flow of interstate and foreigncommerce which tend to diminish the amount thereof, to provide forthe general welfare, by promoting the fullest possible utilization ofthe present productive capacities of industries, to reduce and relieveunemployment, to improve standards of labor, and otherwise to reha-bilitate industry; and
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5 2 REPORT OF THE COMPTROLLER OF THE CURRENCY
WHEREAS in order to meet said emergency and to provide therelief necessary to protect the general welfare of the people the Con-gress has enacted, inter alia, the following acts:
1. National Industrial Recovery Act, approved June 16, 1933;2. Reconstruction Finance Corporation Act, approved Janu-
ary 22, 1932;3. Bank Conservation Act, approved March 9, 1933; and
WHEREAS in order effectively and efficiently to carry out theprovisions of said acts it is expedient and necessary that a bankingcorporation be organized with power to aid in financing and to facili-tate exports and imports and the exchange of commodities betweenthe United States and other nations or the agencies or nationalsthereof;
NOW, THEREFORE, under and by virtue of the authority vestedin me by the National Industrial Recovery Act of June 16, 1933, itis hereby declared that an agency, to wit; a banking corporation, becreated pursuant to title 5, chapter 9, section 261 of the Code of theDistrict of Columbia under the name of Export-Import Bank ofWashington.
The governing body of said corporation shall consist of a board oftrustees composed of five members, and the following persons, whohave been invited and who have given their consent to serve, shallact as incorporators and shall handle the concerns of the corporationfor the first year:
Daniel C. Roper, Secretary of Commerce.Robert F. Kelley, Chief of the Division of Eastern European
Affairs, Department of State.Chester C. Davis, Administrator, Agricultural Adjustment
Administration.Stanley Reed, General Counsel, Reconstruction Finance Cor-
poration.Lynn P. Talley, Executive Assistant to the Directors of the
Reconstruction Finance Corporation.The operations of the corporation shall be carried on in the District
of Columbia, and the main office of the corporation shall be at 1825H Street NW., Washington, District of Columbia.
The amount of capital stock of the corporation shall be $11,000,-000.00, divided into classes and shares as follows:
(a) $1,000,000.00 par value of common stock, divided into tenthousand shares of the par value of $100.00 each; and
(b) $10,000,000.00 par value of preferred stock, divided intoten thousand shares of the par value of $1,000.00 each.
The Secretary of State and the Secretary of Commerce are herebyauthorized and directed to cause said corporation to be formed, withsuch certificate of incorporation, and bylaws, as they shall deemrequisite and necessary to define the methods by which the corporationshall conduct its business.
The persons above named are authorized and directed to subscribefor all the common capital stock for the use and benefit of the UnitedStates, of which amount five shares may be held in the respectivenames of the initial trustees and their successors if required by thelaw under which said banking corporation is incorporated.
There is hereby set aside for the purpose of subscribing for thecommon capital stock of said corporation the sum of $1,000,000.00 out
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REPORT OF THE COMPTROLLER OF THE CURRENCY 53
of the appropriation of $3,300,000,000.00 authorized by section 220of the National Industrial Recovery Act and made by the FourthDeficiency Act, fiscal year 1933, approved June 16, 1933 (Public, No.77, 73d Cong.).
It is hereby further directed that any common stock in said cor-poration standing in the name of the United States shall be voted bysuch person or persons as they—the Secretary of State and the Secre-tary of Commerce—shall appoint as their joint agent or agents forthat purpose. Any vacancies occurring in the initial board of trusteesshall be filled by the board of trustees, subject to the approval of thePresident of the United States.
FEANKLIN D. ROOSEVELT.THE WHITE HOUSE,
February 2, 1984.
EXECUTIVE ORDER
AUTHORIZING THE FORMATION OF A BANKING CORPORATION TO BEKNOWN AS SECOND EXPORT-IMPORT BANK OF WASHINGTON, D. C.
WHEREAS The Congress of the United States has declared thata national emergency exists by reason of widespread unemploymentand disorganization of industry; and has declared it to be the policyof Congress to remove obstructions to the free flow of interstate andforeign commerce which tend to diminish the amount thereof; toprovide for the general welfare by promoting the fullest possibleutilization of the present productive capacity of industries, to reduceand relieve unemployment, to improve standards of labor and other-wise to rehabilitate industry and to conserve national resources; and
WHEREAS in order to meet said emergency and to provide therelief necessary to protect the general welfare of the people, theCongress of the United States has enacted, inter alia, the followingacts:
1. National Industrial Recovery Act, approved June 16, 1933;2. Agricultural Adjustment Act, approved May 12, 1933;3. Reconstruction Finance Corporation Act, approved Jan-
uary 22, 1932;4. Bank Conservation Act, approved March 9, 1933; and
WHEREAS in order effectively and efficiently to carry out theprovisions of said acts it is expedient and necessary that a bankingcorporation be organized with power to aid in financing and to facili-tate exports and imports and the exchange of commodities betweenthe United States and other nations or the agencies or nationalsthereof;
NOW, THEREFORE, under and by virtue of the authorityvested in me by the National Industrial Recovery Act of June 16,1933, it is hereby declared that an agency, to wit: a banking corpora-tion, be created pursuant to title 5, chapter 9, section 261 of theCode of the District of Columbia (1929), under the name of SecondExport-Import Bank of Washington, D. C.
The governing board of said corporation shall consist of a boardof trustees composed of nine members, and the following persons,who have been invited and who have given their consent to serve,
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5 4 REPORT OF THE COMPTROLLER OF THE CURRENCY
shall constitute the initial board of trustees and shall handle theconcerns of the corporation for the first year:
Daniel C. Roper, Secretary of Commerce.R. Walton Moore, Assistant Secretary of State.George N. Peek, Special Adviser to the President on Foreign
Trade.Robert F. Kelley, Chief of the Division of Eastern European
Affairs, Department of State.Chester C. Davis, Administrator, Agricultural Adjustment
Administration.Tom K. Smith, Assistant to the Secretary of the Treasury.Stanley Reed, General Counsel, Reconstruction Finance
Corporation.Lynn P. T alley, Executive Assistant to the Directors of the
Reconstruction Finance Corporation.Harold H. Neff, Assistant Chief, Securities Division, Federal
Trade Commission.The operations of the corporation shall be carried on in the District
of Columbia, and the main office of the corporation shall be at1825 H Street NW., Washington, District of Columbia, or at suchother place as may be determined by the board of trustees.
The amount of capital stock of the corporation shall be $2,750,000divided into classes and shares as follows:
(a) $250,000 par value of common stock, divided into 2,500shares of the par value of $100 each; and
(6) $2,500,000 par value of preferred stock, divided into 2,500shares of the par value of $1,000 each.
The Secretary of State and the Secretary of Commerce are herebyauthorized and directed to cause said corporation to be formed withsuch certificate of incorporation, and bylaws, as they shall deem req-uisite and necessary to define the methods by which the corporationshall conduct its business.
The Secretary of State and the Secretary of Commerce are author-ized and directed to subscribe for all of the common capital stockof said corporation for the use and benefit of the United States, andshall provide that one share thereof shall be issued to each of theinitial trustees and their successors in order to qualify them to holdthe office of trustee in said banking corporation.
There is hereby set aside for the puropse of subscribing for thecommon capital stock of said corporation, the sum of $250,000 outof the appropriation of $3,300,000,000 authorized by section 220 ofthe National Industrial Recovery Act and made by the FourthDeficiency Act, fiscal year 1933, approved June 16, 1933 (Public,No. 77, 73d Cong.).
It is hereby further directed that any common stock in said corpo-ration standing in the name of the Secretary of State and the Sec-retary of Commerce, for the use and benefit of the United States,shall be voted by such person or persons as they, the Secretary ofState and the Secretary of Commerce, shall appoint as their jointagent or agents for that purpose. Any vacancies occurring in the
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REPORT OF THE COMPTROLLER OF THE CURRENCY 55
initial board of trustees shall be filled by the remaining members,subject to the approval of the President of the United States.
FRANKLIN D. ROOSEVELT.THE WHITE HOUSE,
March 9, 1934.
Additional information with respect to the export-import banks ispublished on pages 137 and 138.
BRANCHES
On February 25, 1927, the date of the passage of the so-called"McFadden bill/' there were in existence in the national system 372branches as compared with a total of 1,264 branches in existence onOctober 31, 1934.
During the intervening period 1,651 branches have been added tothe system, of which 834 were de novo branches, 307 were branchesof State banks which converted into national associations, and 510were brought into the national system through consolidations ofState with national banks, while 759 branches were relinquished, ofwhich latter number 538 went out of the system through the liquida-tion of the parent institutions, and the remainder, 221, were discon-tinued through consolidations and for various other reasons. Thenet result of these operations was a gain for the national system of 892branches for the period under discussion.
In the year ended October 31, 1934, a net gain of 53 branches inexistence was recorded, 113 de novo branches being established, 64of which were authorized under the Banking Act of 1933 in placesother than local. There were no branches brought into the systemduring this period through the conversion of State banks, or the con-solidation of State banks with national banks.
Sixty branches were lost to the national system, 38 through liqui-dation of the parent bank and 22 through action of the directors andshareholders.
There follows a summary of branch-banking operations in thenational system during the period discussed in the foregoing:
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56 REPORT OF THE COMPTROLLER OF THE CURRENCY
Table showing number and kind of branches on Feb. 25, 192?', and number andmanner of acquisition of additional branches of national banks by years to close ofOct. 81, 1984
On Feb. 25, 1927Period ended Oct.
31,1927Year ended Oct.
31,1928Year ended Oct. 31,
1929. _Year ended Oct. 31,
1930Year ended Oct. 31,
1931Year ended Oct. 31,
1932Year ended Oct. 31,
1933Year ended Oct. 31,
1934 _.
Total
Authorized
Conver-sions of
Statebanks
165
296
8
2
1
472
Consoli-dationsof Statebanks
104
62
82
5
95
162
510
Under act Feb. 25,1927, as amended
Localcity
branches
207
127
103
89
86
50
102
106
49
919
Otherthan
local citybranches
58
64
122
Total
372
527
173
173
92
145
264
164
113
2,023
Closed
Involun-tary
liqui-dations
15
17
241
24
297
Volun-tary
liqui-dations
20
86
32
2
87
14
241
Lapsedor con-
soli-dated
60
18
35
30
30
26
22
221
ist-ence
372
899
992
1,061
1,086
1,184
1,314
1,211
1,264
1,264
Table showing number and kind of branches authorized and closed during the yearended Oct. 81, 1934
Classes
Statutory^ ~Additional offices, c branchesMillspaugh Act~ , , ("localc b r a n c n e s {other than locaL"___"__
Total
Inopera-tionFeb.25,1927
} 165202
5
372
Inexist-enceOct.31,1933
/ 376\ 297
915
38458
1,211
Author-ized
duringyear
endedOct.31,
1934
4964
113
Closed during the year endedOct. 31, 1934
share-holders
111
4
16
Bydirect-
ors
117
IS
Lapsed
2
2
Insol-vent
242
16
24
Totalin ex-
istenceOct.31,
1934
365294873
400115
1,264
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EEPORT OF THE COMPTROLLER OF THE CURRENCY 57Table showing number and manner of acquisition of domestic branches of national
banks during the year ended Oct. 31, 1934
Char-ter no. Title and location
Branches authorized duringthe year ended Oct. 31, 1934
Under act Feb. 25,1927, as amended
LocalOtherthanlocal
Total
12545249189073050917413044
3351338
13938
142283595
1371613768
12979
141851362213671139761375813799142494398
93107038
88001209
1262149639
13959132422553393721
13882
CALIFORNIA
The Seaboard National Bank of Los Angeles,.Security-First National Bank of Los AngelesThe Citizens National Trust and Savings Bank of Riverside....The First National Trust and Savings Bank of San DiegoThe Anglo California National Bank of San FranciscoBank of America National Trust and Savings Association, San
Francisco
CONNECTICUT
The First National Bank and Trust Company of Bridgeport. __.Hartford National Bank and Trust Company, Hartford
IDAHO
American National Bank of Idaho Falls...
The Merchants National Bank of Indianapolis..The Merchants National Bank of Terre Haute..
The Calcasieu-Marine National Bank of Lake^Charles.The First National Bank of Shreveport
MAINE
The First National Bank of LewistonFirst National Bank at PortlandNorthern National Bank of Presque Isle.
MASSACHUSETTS
First National Bank in Medford
MICHIGAN
Security National Bank of Battle CreekThe National Bank of Bay CityNational Bank of DetroitNational Bank of Flint ._.The National Bank of Grand RapidsPeoples National Bank of Grand RapidsThe National Metals Bank of HancockThe Hackley Union National Bank of Muskegon.
NEVADA
The Ely National Bank, Ely..First National Bank in Reno..
N E W JERSEY
The Boardwalk National Bank of Atlantic City
First Camden National Bank and Trust Company, Camden..
N E W YORK
The New York State National Bank, AlbanyFirst National Bank & Trust Company of ElmiraNiagara County National Bank and Trust Company of Lockport-The Fidelity National Bank in New YorkUnited National Bank of Long Island in New YorkFirst and Second National Bank and Trust Company of Oswego.Lincoln National Bank and Trust Company of SyracuseThe ManufacturersNational Bank of Troy.First National Bank in Yonkers —-Digitized for FRASER
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58 REPORT OF THE COMPTROLLER OP THE CURRENCY
Table showing number and manner of acquisition of domestic branches of nationalbanks during the year ended Oct. 31, 1934—Continued
Char-ter no.
769813761
4318139207781
1553
14107131751315314277
1398113901
4631
20493032
25979403
13755
10618259410194
1128043753417
Title and location
NORTH CAROLINA
The Citizens National Bank of Durham-Security National Bank of Greensboro..-
OHIO
Central United National Bank of ClevelandThe Mansfield Savings Trust National Bank, Mansfield.The Security Central National Bank of Portsmouth
OREGON
The First National Bank of Portland...
PENNSYLVANIA
The First National Bank at McKees RocksThe Northeast National Bank of Philadelphia.The Forbes National Bank of PittsburghUnion National Bank of Reading
RHODE ISLAND
The Columbus National Bank of ProvidenceRhode Island Hospital National Bank of Providence..
SOUTH DAKOTA
The First National Bank of Lead
TENNESSEE
Park National Bank of Knoxville *The American National Bank of Nashville..
First Security Bank of Utah, National Association, OgdenaThe Continental National Bank and Trust Company of SaltLake City..
VERMONT
National White River Bank in Bethel
VIRGINIA
National Bank and Trust Company at Charlottesville.The Peoples National Bank of CharlottesvilleThe Seaboard Citizens National Bank of Norfolk
WASHINGTON
First National Bank of Seattle _The National Bank of Commerce of Seattle.The National Bank of Tacoma
Total (61 banks).
Branches authorized duringthe year ended Oct. 31, 1934
Under act Feb. 25,1927, as amended
Local
49
Otherthanlocal
Total
1 Formerly The East Tennessee National Bank of Knoxville which was placed in hands of a receiverJan. 20,1933, and subsequently restored to solvency on Dec. 21,1933.2 Formerly First National Bank of Ogden.
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REPORT OF THE COMPTROLLER OF THE CURRENCY 59Table showing number and class of domestic branches of national banks closed
during the year ended Oct. 81, 1934
Char-terno.
Title and location Manner of closing
Branches closed
Branches under actof Feb. 25, 1927,as amended
Addi-tionalofficeswhich
becamebranchesFeb. 25,
1927
Branchesauthor-
izedsince
Feb. 25,1927
Statebank
branchesin oper-
ationFeb. 25,
1927,which
were con-vertedor con-
solidated
Total
2491
9545
1559
13068
12132
3285
9829
13573
13689
4907
7589
13738
136718148
12338
12631
1317
Security-First National Bank ofLos Angeles.
DISTRICT OF COLUMBIA
District National Bank of Wash-ington.
GEORGIA
The First National Bank of At-lanta.
The Citizens and Southern Na-tional Bank, Savannah.
INDIANA
The National City Bank ofEvansville.
Old First National Bank andTrust Company of Fort Wayne.
The Fletcher American NationalBank of Indianapolis.
KENTUCKY
First National Bank and TrustCompany of Lexington.
LOUISIANA
Calcasieu National Bank in LakeCharles.
The National Bank of Commercein New Orleans.
Board of directors..
Receiver.
Shareholders.
Board of directors._
Receiver
Voluntary liquidation-
Board of directors..
Voluntary liquidation-
Board of directors
MASSACHUSETTS
Bank,Springfield NationalSpringfield.
MICHIGAN
Old-Merchants National Bankand Trust Company of BattleCreek.
The Manufacturers NationalBank of Detroit.
National Bank of DetroitThe Capital National Bank of
Lansing.
NEW JERSEY
First National Bank of EastOrange.
The South Side National Bankand Trust Company of Newark.
The Orange National Bank
Voluntary liquidation.
Board of directors
.do-Receiver.
-do-
Voluntary liquidation-
Receiver
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60 REPORT OF THE COMPTROLLER OF THE CURRENCY
Table showing number and class of domestic branches of national banks closedduring the year ended Oct. 31, 1934—Continued
Char-terno.
6427
2370
721
653
12278
51
352
3604
1606
2049
9885
Title and location
NEW YORK
The National City Bank of NewRochelle.
The Chase National Bank of theCity of New York.
The Manufacturers NationalBank of Troy.
The First National Bank andTrust Company of Yonkers.
NORTH CAROLINA
The Farmers National Bank andTrust Company of Winston-Salem.
PENNSYLVANIA
The First National Bank ofJohnstown.
The Sixth National Bank ofPhiladelphia.
Commercial National Bank ofPhiladelphia.
TENNESSEE
The First National Bank ofChattanooga.
Park National Bank of Knox-ville.
VIRGINIA
National Bank of Commerce ofNorfolk.
Total (29 banks)
Manner of closing
Receiver
Board of directors
do
Receiver. _
Voluntary liquidation
Receiver
do
do
do
Board of directors
do
Branches closed
Branches under actof Feb. 25, 1927,as amended
Addi-tionalofficeswhich
becamebranchesFeb. 25,
1927
1
1
2
4
Branchesauthor-
izedsince
Feb. 25,1927
1
1
1
1
1
3
3
1
1
2
39
Statebank
branchesin oper-
ationFeb. 25,
1927,which
were con-vertedor con-
solidated
2
1
17
Total
1
1
1
4
2
1
3
5
1
1
2
60
NATIONAL-BANK CIRCULATION
Consols and Panama 2 percent bonds outstanding eligible as securityfor national-bank circulation on June 30, 1934, aggregated $674,-625,630, the same as on June 30 of the year previous, comprising $599,-724,050 consols of 1930, $48,954,180 Panama Canal 2's of 1916-36,and $25,947,400 Panama Canal 2's of 1918-38. In addition therewere outstanding on the date indicated Treasury and other UnitedStates bonds of $5,803,981,690 bearing interest at a rate not exceeding3% percent per annum which, under the provisions of section 29 of theFederal Home Loan Bank Act approved July 22, 1932, were alsoeligible as security for national-bank circulation for a period of 3 yearsfrom the date of enactment of the act.
On June 30 of the current year there were on deposit with theTreasurer of the United States as security for national-bank circula-
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REPORT OF THE COMPTROLLER OF THE CURRENCY 61
tion, bonds totaling $736,948,670, comprising $522,693,900 of consols,$50,505,720 of Panama Canal 2's, and $163,749,050 Treasury andother United States bonds.
The circulation of national banks outstanding on June 30 this year,secured by all classes of eligible bonds and lawful money, amounted to$954,694,753. Of this amount $729,973,968 was secured by bondsand the remainder, $224,720,785, by lawful money held by the Treas-urer to provide for the redemption of the notes of banks retiring theircirculation and on account of associations in liquidation.
Statement of capital stock of national banks, national-bank notes and Federal Reservebank notes outstanding, bonds on deposit, etc.
July 2, 1934 June 1, 1934 July 1, 1933
Authorized capital stock of national banks, commonPaid-in capital stock of national banks, common
$1,354,103,7411,354,103,741
$1,370,361,9411,370,361,941
$1, 597,369,6751,597,343,245
Increase ordecrease since
above date
Increase ordecrease since
above date
Increase of authorized capital stock, common-Decrease of authorized capital stock, common.Increase of paid-in capital stock, commonDecrease of paid-in capital stock, common
$16,258,200 $243,265,934
16,258,200 243, 239,504
Authorized capital stock of national banks, preferred,par value
Paid-in capital stock of national banks, preferred, parvalue
$412,963, 600
412,963,600
$368,502,700
368,502,700
$54,412,100
54,412,100
Increase ordecrease since
above date
Increase ordecrease since
above date
Increase of authorized capital stock, preferred, par value-Decrease of authorized capital stock, preferred, par value..Increase of paid-in capital stock, preferred, par valueDecrease of paid-in capital stock, preferred, par value
$44,460,900 $358,551,500
44,460,900 358,551,500
National-bank notes outstanding secured by UnitedStates bonds, old and new series
National-bank notes outstanding secured by lawfulmoney, old and new series
Total national-bank notes outstanding, old andnew series
$729,973,968
224,720,785
$743,980,298
219,211,255
$853,935,968
116,665,120
954, 694, 753 963,191,553 970,601,088
Increase ordecrease since
above date
Increase ordecrease since
above date
Increase secured by United States bonds._Decrease secured by United States bonds.Increase secured by lawful money.Decrease secured by lawful money
$14,006,3305,509,530
$123,962,000108,055,665
Net increase-Net decrease.. 8,496,800 15,906,335
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62 REPORT OF THE COMPTROLLER OF THE CURRENCY
Statement of capital stock of national banks, national-bank notes and Federal Reservebank notes outstanding, bonds on deposit, etc.—Continued
Federal Reserve bank notes outstanding secured byUnited States bonds
Federal Reserve bank notes outstanding secured by law-ful money
Total Federal Reserve bank notes outstanding
$2,432,763
2,432,763
Increase secured by United SIDecrease secured by United SIncrease secured by lawful moDecrease secured by lawful m
Net increase
ates bondstates bondsneyaney.. _
Net decrease
Kinds of bonds on deposit
United States consols of 1930(2 percent).
United States Panama of 1936(2 percent).
United States Panama of 1938(2 percent).
United States Treasury, 51-55 (3 percent).
United States Treasury, 46-49 (ZH percent).
United States Treasury, 41-43 (3H percent).
United States Treasury, 40-43 (3% percent).
United States Treasury, 43-47 (SH percent).
United States Panama Canal,1961 (3 percent).
United States convertible, 46-47 (3 percent).
United States Treasury, 33-41 (334 percent).
United States Treasury, 46-48 (3 percent).
United States Treasury, 44-46 (3H percent).
Total
On depositto securenational-
bank notes
$522, 693,900
34, 784,860
15,720,860
36,424,850
21,665,650
27,492,000
10, 646,150
25,434, 750
1,000
1,015,000
26, 334, 650
2, 255, 000
12,480,000
736,948,670
One dollarTwo dollarsFive dollarsTen dollarsTwenty dollarsFifty dollarsOne hundred dollars..Five hundred dollars.One thousand dollars.Fractional parts
TotalLess l
Total
$2,470,887
2,470,887
Increase ordecrease since
above date
$38,124
38,124
$2,581,934
2,581,934
Increase ordecrease since
above date
$149,171
149,171
National-bank notes ofeach denominationoutstanding
Old series
$340,749162,420
10,922,71018,317,69516,311,1402,979, 5503,871,400
87,50021,00062, 069
53,076, 233
53,076, 233
New series
$168,696,480372, 252,910297,833, 20036,109,90034,161, 600
230
909,054, 3207,435,800
901, 618, 520
Federal Re-serve bank
notesofeachdenomina-tion out-standing,old series
$1,622,482407,241266,95562, 66563, 7709,650
2,432,763
2,432,763
i Notes redeemed but not assorted by denominations.
In the year ended October 31, 1934, the withdrawal of bonds heldby the Treasurer of the United States in trust as security for national-bank circulation amounted to $238,015,280.
The withdrawals by reason of liquidation of banks amounted to$12,182,510, and on account of banks placed in charge of receivers,$59,683,870.
Bonds held by the Treasurer of the United States in trust assecurity for circulation were augmented to the extent of $80,433,700on 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:
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EEPOBT OF THE COMPTBOLLEB OF THE CUBBENCY 63
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 endedOct. 31, 1934
Date
Bondsdepositedby bankscharteredand thoseincreasingcirculationduring the
year
Bondswithdrawn
by banksreducing
circulation
Bondswithdrawnby banks inliquidation
Bondswithdrawnby banks ininsolvency
November.December..
1933
JanuaryFebruary. _MarchApril - .MayJune _-July. .AugustSeptember.October
1934
$8,855, 70031,811, 250
7, 482, 2507, 363, 7506, 267,9002, 930,1004,439,0002, 505, 5002, 231, 0002,072, 2501,985,0002,490,000
$1,410, 7001, 260,900
6, 495,0005, 701,00029, 734, 75050,145,80015, 320, 20015,471,15017,776, 75012, 701, 7504,900, 6005, 230, 300
$440,000150,000
925,0002,097, 500950, 500
1,475,0001, 743, 7501,005,0001,460,010318, 750915,000702,000
$50,000
17,941, 260675,000
36,106, 500250,000
1,492,000
3,169,110
Total.. 180, 433, 700 166,148, 900 12,182, 510 59, 683,870
1 Includes $23,588,250 deposited by 250 of 476 banks chartered during the year.
Of the 5,422 reporting licensed national banks on June 30, 1934,there were 4,600 banks with common capital of $919,833,000 issuingcirculating notes, and on the same date the amount of notes outstand-ing aggregated $698,293,000. The 822 banks which did not exercisethe circulation privilege had common capital stock amounting to$406,889,000.
A table disclosing the number of licensed national banks issuingcirculation, their capital and amount of circulation outstanding,according to reserve cities and States, together with the number ofassociations not issuing circulation and their capital, on June 30, 1934,is published in the appendix of this report.
There is also published in the appendix a table showing, by months,the profit on national-bank circulation based upon a deposit of $100,000Panama Canal 2-percent bonds of 1916-36 at the average net priceduring the year ended October 31, 1934. The table includes alsolike figures relative to $100,000 of United States 2-percent consolsof 1930 so far as may be computed. Due to the unknown date ofmaturity of the consols, however, it is impossible to determine theamount of sinking fund necessary to provide for liquidation of thepremium paid for the bonds. The tables mentioned are supplementedby others showing the investment value of circulation bonds quarterlyand the monthly range of prices in New York in the year endedOctober 31, 1934.
With reference to the Federal Home Loan Bank Act approved July22, 1932, section 29 of which extended the circulation privilege tonational banks for a period of 3 years upon the deposit with theTreasurer of the United States bonds with interest not exceeding 3%percent, no calculation can be made of profit on circulation issued
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6 4 EEPOET OF THE COMPTROLLER OF THE CURRENCY
through bonds deposited for the purpose due to the indeterminatemarket value of the bonds at the end of the 3-year period.
REDEMPTION OF NATIONAL AND FEDERAL RESERVE BANKCIRCULATION
During the year ended June 30, 1934, the national-bank notes,Federal Keserve notes, and Federal Reserve bank notes aggregating$1,558,047,780 were redeemed in the United States Treasury at a totalexpense of $463,776.22.
Redemptions included Federal Reserve notes amounting to $1,039,-575,495; Federal Reserve bank notes received from all sources,$50,426,500; and national-bank notes of $468,045,785, the latteramount including $99,748,405 redeemed on retirement account.
National-bank notes were redeemed at an average cost of 90 centsper $1,000; Federal Reserve notes received from sources other thanthe Federal Reserve banks, 56 cents per 1,000 notes; canceled andother Federal Reserve notes received direct from Federal Reservebanks and branches, 31 cents per 1,000 notes redeemed; and redemp-tion on account of Federal Reserve bank notes at the rate of 86 centsper 1,000 notes.
Statements showing the amount of national-bank notes, FederalReserve notes, and Federal Reserve bank notes received monthly forredemption in the year ended June 30, 1934, the source from whichreceived, the rate per $1,000 of national-bank notes redeemed, andthe rate per 1,000 notes of Federal Reserve and Federal Reserve banknotes redeemed, are published in the appendix of this report.
CONDITION OF NATIONAL BANKS AT DATE OF EACH CALL DURINGTHE YEAR
Under authority of section 5211, United States Revised Statutes,national banks were called upon to submit four reports of conditionduring the year ended October 31, 1934, as of various dates specifiedby the Comptroller.
Summaries of assets and liabilities of reporting banks on the dateof each call during the year, together with a summary for October 25,1933, are shown in the following statement:
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Abstract of reports of condition of national banks on dates indicated[In thousands of dollars]
Oct. 25, 1933(5,057 banks)»
Dec. 30, 1933(5,159 banks) i
Mar. 5, 1934(5,293 banks) i
June 30, 1934(5,422 banks) l
Oct. 17, 1934(5,466 banks) l
Loans and discounts (including rediscounts) 2__Overdrafts _-U. S. Government securities, direct obligations _. _ _.Securities guaranteed by U. S. Government as to interest and principalOther bonds, stocks, securities, etcCustomers' liability account of acceptancesBanking house, furniture and fixturesOther real estate ownedReserve with Federal Reserve banks _Cash in vaultBalances with other banks _Outside checks and other cash itemsRedemption fund and due from U. S. TreasurerAcceptances of other banks and bills of exchange or drafts sold with endorsement..Securities borrowedOther assets - -
8, 257,9374,224
4, 111, 645
3, 383, 270198,820646, 292158,422
1, 684, 024329, 786
2,149, 65425, 54338,3874,3303,699
202, 616
Total.. 21,198,649
Demand deposits, except U. S. Government deposits, other public funds and deposits of otherbanks.
Time deposits, except postal savings, public funds, and deposits of other banksPublic funds of States, counties, municipalities, etc _U. S. Government and postal-savings depositsDeposits of other banks, certified and cashiers' checks outstanding, and cash letters of credit and
travelers' checks outstanding
7,180,7665, 484, 5611, 076, 6911, 095,139
2, 218,051
Total depositsSecured by pledge of loans and/or investmentsNot secured by pledge of loans and/or investments.
17,055,208
Circulating notes outstandingAgreements to repurchase U. S. Government and other securities soldBills payableRediscounts..- .--Obligations on industrial advances transferred to the Federal Reserve bank..
746,91313,41281,06419, 302
8,101,1563,053
4, 469,147
3, 401, 625229,956645, 278158, 530
1, 747, 364343,117
2, 313, 45443,25040, 47414, 0055,716
231, 358
7,899, 2793,394
5, 407, 3482 141, 579
3,286,864191, 258643,643165, 415
2, 029,848358,302
2,498,83332,81240,85112, 5044,508
224, 735
7,694, 7492,994
5, 645,7412357,911
3,344,901129,128655,819151,970
2, 497,400352,402
2, 798,24148,92236,426
1,4082,112
181,468
7,633,9244,720
5,837,378510,854
3 3, 570,137137,155654,056158,880
2, 509, 639418,756
3,102, 39544,29935,075
1,2011,646
191, 275
21, 747,483 22,941,173 23,901, 592
7, 331,0575, 519,1191, 253, 5541,125, 215
2, 360, 937
7,463, 6495, 730, 5471, 331, 7711, 509, 252
2, 755, 268
8, 041,5806,075, 6251, 499,0131, 330,460
2, 985,982
24, 811,390
8,848,7996, 203, 7771, 484,193
971,059
3,313, 564
17,5 18, 790,4872,640,397
16,150,090
19,932,6602,523,159
17,409,501
20,821,3922,100,445
18,720,947
778, 5665,905
68,45213, 535
790,0376,051
47, 3695,350
698, 2934,399
13,6722,007
665,8454,4328,207
579
1 Licensed banks which were operating on unrestricted basis.2 Includes Home Owners' Loan Corporation 4 percent bonds, guaranteed by the United States as to interest only, the amount of which was not called for separately.3 Includes Home Owners' Loan Corporation 4 percent bonds, which are guaranteed by the United States as to interest only.
§3
WH
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o
o
H3
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Abstract of reports of condition of national banks on dates indicated—Continued[In thousands of dollars]
Oct. 25, 1933(5, 057 banks)
Dec. 30, 1933(5,159 banks)
Mar. 5, 1934(5,293 banks)
June 30, 1934(5,422 banks)
Oct. 17,1934(5,466 banks)
LIABILITIES—continued
Acceptances of other banks and bills of exchange or drafts sold with endorsement. __Acceptances executed for customers _Acceptances executed by other banks for account of reporting banksSecurities borrowed _Interest, taxes, and other expenses accrued and unpaid __ ._.Dividends declared but not yet payable and amounts set aside for dividends not declared-Other liabilities _ ._Capital stock (see memorandum below) . . .Surplus..
4,330205,624
7,777
60,009
14,005235,718
6,8165,716
45,100
12,504194,824
5,7904,508
55,618
1,408133,221
6,6832,112
41,741
Undivided profits, netReserves for contingenciesPreferred stock retirement fund-
77, 710., 566, 698916,183264, 376176, 344
81, 6221,588,250
880, 670236,022197,224
108,0731,653,930
867,825248,870149,807
130
64,3631,737,827
854,057257,311151, 267
571
Total. 21,198,649 21, 747,483
Memoranda:Par value of capital stock:
Class A preferred stock.Class B preferred stock.Common stock _
75,1193,800
1,488,682
140,2954,400
1,444,759
22,941,173
243,2915,535
1,406,162
23,901,592
401,98910,081
1,326,722
Total.. 1,567,601 1,589,454 1,654,988 1,738, 792
Loans and investments pledged to secure liabilities:U . S . Government obligations, direct and/or fully guaranteed..Other bonds, stocks, and securitiesLoans and discounts (excluding rediscounts)
Total
997,637121,407
2,606,142991,388102,226
3,988,923 3,699,756
Pledged:Against circulating notes outstanding __ __Against U. S. Government and postal-savings depositsAgainst public funds of States, counties, school districts, or other subdivisions or munici-
palitiesAgainst deposits of trust departmentAgainst other depositsAgainst borrowingsWith State authorities to qualify for the exercise of fiduciary powersFor other purposes __Total _ _
816, 2691,658,117
935,153245,805146,57287,90764,89334,207
724, 5661,445,592
975,448249,491176,76826, 38782,90218, 602
3,988,923 3,699,756
1,201137,8925,4971,646
53,8984,32450,187
1,772,513845,335286,184151,345
913
24,811,390
444,62615,205
1,313,997
1, 773, 828
2,404,487847, 31788, 210
3, 340,014
695, 5951,127,074
952,021270,849177,58115,11684,59317,185
3, 340,014
wtel
oo
oFF
o
o
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Principal items of assets and liabilities of licensed national banks, Oct. 17, 1934
[In thousands of dollars]
Location
MaineNew HampshireVermontMassachusettsRhode IslandConnecticut . . .
Total New England States
New YorkNew JerseyPennsylvaniaDelawareMarylandDistrict of Columbia
Total Eastern States
VirginiaWest VirginiaNorth CarolinaSouth CarolinaGeorgiaFloridaAlabamaMississippiLouisianaTexasArkansasKentuckyTennessee
Num-ber ofbanks
4052431381254
46223470816639
1,492
1337843195850702530457519973
Total Southern States 1,186
Loans anddiscounts,includingoverdrafts
37,33328,77220,873558,33243,673112, 522
Invest-ments
59, 46730,57725, 726
478,04436,49791, 625
801, 505 | 721,936
1,500,486 2,114,980254, 748844,870
8,34758, 70842, 580
2,709, 739 3,870,702
138,23359,12927, 53311, 759
100, 37134, 37971,86319,40783,615
300, 55327,39772,158
110, 392
1,056, 789
321, 5501,195, 785
9,571164,64864,168
103, 74647,82724,65617, 39975,74392,18662,55921, 70682,072
337, 77631, 75181,52698,157
1,077,104
Realestate,
furniture,and
fixtures
1,9522,5021,493
44,7081,071
14,618
66,344
141,29542,567
104,7151,1596,4117,371
303,518
13,7729,5603,4481,903
11,6098,105
11,0252,7059,651
2,2875,401
10,891
129,217
Cash invault
2,8102,0761,017
68, 2033,3946,074
83, 574
Due frombanks,
includingreserve
and othercashitems
24,98214,0637,711
337, 46918,80657, 090
460,121
Totalassets
Demanddeposits,includingUnitedStates
deposits
127,19178,45157, 315
1, 517,429104,238283, 547
2,168,171
35, 20733,09413, 210
748,38855, 598
118, 687
1, 004,184
51, 56413, 71939,925
3413,757
115,636
7,2244,0363,8461,8364,1204,9634,3011,3533,929
17, 7631,8553,3835,220
63,829
1,007,918106, 234482, 466
1,958
49,912
4,959, 506' 744, 293
2, 694, 50021, 469
302,186170,967
1,715,471 8,892,921
82, 66127, 73328,27418,11270,06045,05938, 63114, 34267, 353
356, 76823,89242, 786
897,999
348,228149,200
51, 292263,385186,028190, 38159,849
249,2891, 058,096
87, 723206, 393309,172
3, 247,124
2, 486, 212238, 634844, 749
5,666122,12683, 292
3, 780, 679
109, 46058, 39043, 70026,033
116,91492,12374, 05924, 355
105, 342556, 523
38, 21985, 486
113,837
1,444, 441
Timedeposits
65, 39821,31028,856314, 85819, 34996, 947
Due tobanksl
5,2395,1991,244
209,0916,777
17,616
245,166546, 718
815,840 799,812362, 746
1,012,9599,178
95, 54448, 266
2, 344, 533
134, 50054, 51023,32310, 26167, 36643, 73653, 64622, 34960,821
163, 72024,93959, 70595, 449
814, 325
15,204306, 304
31747,68019,802
1,189,119
37,6616,0845,8646,562
40,41719,08016, 3833,022
49, 498166,117
10, 24324, 27347,863
433,067
National-bank
notes out-standing
4,4004,9983,94017,0705, 7569,223
45,387
52,09427, 54495,4711,2064,9232,400
183, 638
18,4738,9263,1602,3275,1378,14911,3772,328
42, 5023,51810,27316, 014
140,823
Billspayableand re-
dis-counts
800
959
2,4901,1191,074105
4,788
190130
413
2034133512116423410
1,913
Capital(commonand pre-ferred)
10, 7857,1606,555
110,8977,620
22,405
165,422
60,607168,005
1,90313,8039,300
643, 524
27,82812, 7227,1703, 925-
18, 67915,80521, 7205,130
14, 37583,1646,285
13,03123,974
253,808
Surplusand un-dividedprofits,
includingreserves
5,8706,5083,371
91,9788,58216, 734
133,043
291,04335, 689245,1653,08217, 3237,693
599,995
18,8398,0404,6562,06713,0546,58412, 0621,9978,46542, 6514,21012,87111,017
146, 513
1 Includes certified and cashiers' checks and cash letters of credit and travelers' checks outstanding.
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Principal items of assets and liabilities of licensed national banks, Oct. 17, 1934—Continued
[In thousands of dollars}
Location
Ohio -.IndianaIllinois -.Michigan _WisconsinMinnesotaIowaMissouri
Total Middle WesternStates
North DakotaSouth Dakota _ _. _NebraskaKansasMontanaWyomingColoradoNew MexicoOklahoma
Total Western StatesWashingtonOregon _ _CaliforniaIdahoUtahNevadaArizona _
Total Pacific StatesAlaska (nonmember banks)The Territory of Hawaii (non-
member bank)Total (nonmember banks).Total United States
Num-ber ofbanks
25212328985
10621112290
1,278
7065
13819546268224
218
864
6753
129251468
302
4
1
5
5,466
Loans anddiscounts,includingoverdrafts
271, 46879, 392
586, 221109, 261121,317198,04055,134
142, 341
1, 563,174
14,83813,78262,38158, 43012,93411, 62648,360
7,44182,976
312, 7fi8
77,56344, 901
1,028,2195,675
14, 7172,4314,590
1,178, 096
1,209
15,364
16, 573
7,R8,644
Invest-ments
372, 696131, 950939, 206276, 662187,930269,30191,826
234,851
2, 504,422
24, 21222,437
108,49273,18832,48912,551
102,20710,612
122,855
509,043
122,567101,880929,769
13,59828,2068,917
11,055
1,215,992
2,064
17,106
19,170
9, 918,369
Realestate,
furniture,and
fixtures
35,05613,21844,68311, 28913,94615, 7784,9198,139
147,028
2,5732,4436,7648,6162,8171,0714,9901,246
10, 701
41,221
8,3826,628
104,8021,1711,018
4061,398
123,805
119
1,684
1,803
812, 936
Cash invault
15,6729,709
38,8769,7077,3786,3894,2596,755
98, 745
1,023970
2,8343,3971,511
9905,2791,0724,505
21, 581
4,9773,689
21,230824456573747
32,496
398
2,497
2,895
418,756
Due frombanks,
includingreserve
and othercashitems
174,56395,852
713,40913fi, 27082,359
181,50968,376
182, 593
1, 634,931
16,96714,48973,16480,87624,50413,81883,51411,494
106,971
425,797
66,28546,084
367,0189,370
17,3504,8396,416
517,362
1,895
2,757
4,652
5,656,333 .
Totalassets
876,612331,955
2, 373,694549, 441417,209677, 241225,842577,870
6,029,864
60,41754,735
254,695225,678
74, 73740,194
245,50431,956
329,599
1,317,515
282,553205,807
2,486,68030,80862,02117,30924,418
3,109, 596
5,694
40,505
46,199
24,811,390
Demanddeposits,includingUnitedStates
deposits
368,443153, 297
1, 243,888287, 501162,669256, 235107,017258,855
2,837,905
24,57425, 537
115,649114,13334,82217,040
112,47920, 501
170,144
634,879
126,83289,477
727,05515,94324, 5989,095
11, 632
1, 004,632
3,153
13,367
16,520
10, 723, 240
Timedeposits
288,98588, 203
419,497150, 984142,843203, 22949,088
105,323
1,448,152
22,36316,24046,44844,94123,51213,32272,4335,674
71,817
316,750
74,35270,266
1,231, 5428,637
18, 7335,9587,787
1,417, 275
1,754
17, 847
19, 601
6, 907, 354
Due tobanks
65,61737,844
417,81739,19945, 591
123,33840,834
152, 672
922,912
3,1373,384
61,13232,1525,1173,892
31,5741,386
36, 542
178,316
31, 40619, 636
157,1711,8209,501
5351,447
221, 516
54
648
702
3,190, 798
National-bank
notes out-standing
33, 74813,78719,7489,305
19,03220,7316,3777,797
130, 525
2,1541,4826,7389,7051,8711,3466,5811,1529,350
40,379
16,0257,598
92,9081,3002,473
406858
121, 568
175
3,350 !
Billspayableand re-
dis-counts
301155
59210
923
97
9831
43
5
193
10
10
3,525 i
665,845 8,786
Capital(commonand pre-ferred)
74,91625,205
168,82837, 96228,11345, 70615,13633,120
428,986
5,3935,728
15,95715, 5895,2462,675
12,5282,070
27,470
92, 656
22, 61210,170
142,9502,2904,207
6001,625
184, 454
313
3,350
3,663
1, 772, 513
Surplusand un-dividedprofits,
includingreserves
39,81212,96073,85618, 90817,36424,3166,928
18,132
212,276
2,5192,0228,2098,8223,7561,9149,4951,163
13, 643
51,543
10,3757 699
115, 734808
2 403461894
138,374
245
1,788
2,033
1,283,777
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 69
LIABILITIES OF LICENSED NATIONAL BANKS ON ACCOUNT OF BILLSPAYABLE AND REDISCOUNTS
Liabilities of licensed national banking associations for moneyborrowed on account of bills payable and rediscounts at the date ofeach call since October 31, 1933, are shown in the following state-ments:
Total borrowings of national banks on account of bills payable and rediscounts atdate of each call since Oct. 31, 1983, according to geographical location
[In thousands of dollars]
Dec. 30, 1933:Bills payableRediscounts
Total
Mar. 5,1934:Bills payableRediscounts
Total-
June 30, 1934:Bills payableRediscounts
Total
Oct. 17, 1934:Bills payableRediscounts
Total
NewEngland
States
3,859543
4,402
1,399218
1,617
68510
695
91940
959
EasternStates
39,4265,090
44,516
32,9632,930
35,893
9,1971,177
10,374
4,513275
4,788
SouthernStates
12,8432,891
15,734
7,329684
8,013
2,107453
2,560
1,790123
1,913
MiddleWesternStates
8,0803,071
11,151
3,312952
4,264
1,371157
1,528
87548
923
WesternStates
9451,286
2,231
402427
829
141108
249
10093
193
PacificStates
3,299654
3,953
1,964139
2,103
171102
273
10
10
Total
68,45213,535
81,987
47,3695,350
52, 719
13, 6722,007
15, 679
8,207579
8,786
Total borrowings of national banks on account of bills payable and rediscounts atdate of each call since Oct. 31, 1983, according to central and other reserve citiesand country banks
[In thousands of dollars]
Dec. 30,1933:Bills payableRediscounts
Total
Mar. 5, 1934:Bills payableRediscounts
Total
June 30, 1934:Bills payableRediscounts - .
Total
Oct. 17,1934:Bills payableRediscounts
Total
Centralreservecities
Otherreservecities
7,590180
7,770
5,649174
5,823
180
180
505
55
Countrybanks
60,86213,355
74,217
41, 7205,176
46,896
13,4922,007
15,499
8,157574
8,731
Total
68,45213,535
81,987
47,3695,350
52,719
13,6722,007
15,679
8,207579
8,786
106093—35Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
7 0 REPORT OF THE COMPTROLLER OF THE CURRENCY
LOANS AND DISCOUNTS OF NATIONAL BANKS
The statement following shows a classification of loans and dis-counts reported by national banks as of June 30, 1932, 1933, and 1934.
Classification of loans and discounts as of June 30, 1932, 1933, and 1934
[In thousands of dollars]
Acceptances of other banks, payable in UnitedStates-
Notes, bills, acceptances, and other instru-ments evidencing loans payable in foreigncountries. _
Commercial paper bought in open marketLoans to banks and trust companies:
On securitiesAll other .
Loans secured by U. S. Government and othersecurities (exclusive of loans to banks)
Real estate loans, mortgages, deeds of trust,and other liens on real estate:
On farm land _ _ __On other real estate
All other loans, including reporting banks'own acceptances purchased or discounted...
Total
Loans secured by U. S. Government obliga-tions
Total loans eligible for rediscount with FederalReserve banks
June 30, 1932
Amount
$124,716
14,58083,251
196,508135,151
3,182,495
299,7941,317,487
4,927,694
10, 281,676
92,811
1,649,781
Per-cent
1.21
.14
.81
1.911.32
30.95
2.9212.81
47.93
100.00
June 30, 1933
Amounti
$152,763
18,17459,840
113,37990,493
2,759,876
262, 2551,064,521
3, 595, 671
8,116,972
95,546
1,291,290
Per-cent
1.88
.22
.74
1.401.11
34.00
3.2313.12
44.30
100.00
June 30, 1934
Amount1
$86,945
13,444136,360
37,82666, 231
2, 594,386
232, 7361,098,014
3,428,807
7, 694,749
130,950
1,335,308
Per-cent
1.13
.181.77
.49
.86
33.72
3.0214.27
44.56
100.00
i Amount reported by licensed banks; i. e., those operating on an unrestricted basis.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Loans and discounts of licensed national banks, June 30, 1934
[In thousands of dollars]
Location
CENTRAL RESERVE CITIES
New York-Chicago
Total central reserve cities._
OTHER RESERVE CITIES
Accept-ances of
otherbankspay-
able inUnitedStates
Notes,bills,
accept-ances,
andother
instru-ments
evi-dencingloans,
payablein for-eign
countries
53, 29311, 698
64,991
Boston 1, 532Brooklyn and BronxBuffalo iPhiladelphia I 50Pittsburgh !Baltimore j 250Washington [Richmond ICharlotte IAtlanta JSavannah __. 174JacksonvilleBirmingham 13New Orleans 605Dallas 350El Paso 315Fort Worth
5,6711,239
6,910
9353
32
"374"
Com-mercialpaper
boughtin openmarket
3,5637,812
11,375
14,460
5,810955
100502568285
1,775
245200
Loans to banks
On se-curi-ties
8,26511,555
19,820
3,149
2,6689425
43
10756
51
Allother
Loans on securities, exclu-sive of loans to banks
To bro-kersand
dealersin NewYorkCity
21,010 219,534884 18,570
21,894 238,104
71 20, 342500
718 4,9652,000600
2,40020 I 4,850
3513418126532243
3,4501,6001,900
1,000150
333 I 250
To bro-kersand
dealerselse-
where
16,67537,447
54,122
38, 521145
5,06837534082484172647358107419516620
50
Toothers
410,146163,848
573,994
80, 6591,963281
-66,01350,0789,12015,1777,4451,24619, 7365,4763,4085,6489,102
21,004671
8,130
Real-estate loans,mortgages, deedsof trust, andother liens onreal estate
Onfarmland
2051,346
1,551
3841
1344
10738
54024
2661,0801,632
601,597
On otherreal estate
9,05717, 555
26,612
36, 24889937
15,3501,660
3382,455
395854
1,5641,1062,0891,4135,2195,250
2542,558
Report-ing
banks'own ac-
cept-ancespur-
chasedor dis-
counted
45,60320, 774
66,377
17, 777
~~3~058~
2,140
124
All otherloans
362,686193, 272
555,958
199, 5613,967
452119, 53332, 69711,10121, 62310, 3813,081
17,12523,0335,964
15, 70233, 65032,1624,648
13, 606
Total
1,155,708486,000
1,641, 708
413, 2557,479
770227,25887,86021, 79942, 75023, 7185,510
42, 72734,63413,99623, 77753,47761, 6966,193
26, 729
Memoranda
Loanssecured
by •UnitedStates
Govern-ment
obliga-tions
66,94712,997
79,944
Totalloans eli-gible for
rediscountwith Fed-eral Re-
servebanks,
includingpaper un-der redis-
count
180,78686,511
267,297
528346
773177794074631110221449
2185214746
66,1601,428268
54,63316,0973,4935,1032,2771,2767,62412, 4052,3982,3979,81211, 5351,7808,367
tet
o
oog
8
wO
d
Qi
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Loans and discounts of licensed national banks, June 30, 1934—Continued
[In thousands of dollars]
Location
Accept-ances of
otherbankspay-
able inUnitedStates
OTHER RESERVE CITIES—Con.
Gal vest onHoustonSan Antonio...WacoLittle RockLouisvilleMemphisNashvilleCincinnatiClevelandColumbusToledoIndianapolis-..ChicagoPeoriaDetroit -Grand Rapids.MilwaukeeMinneapolis—.St. PaulCedar Rapids..DesMoines . . .Dubuque
Notes,bills,
accept-ances,and
otherinstru-ments
evi-dencingloans,
payablein for-eign
countries
1,055
108244
2,163
34
40
Com-mercialpaper
boughtin openmarket
2351,53510044387
2,513700225
610
1,013748
2,8493,630
Loans to banks
On se-curi-ties
32125
3415088
5835
2,762
10
1,530646544
3,551495
6143035
121
Allother
32252
139588190633
308
1522,418
5226612527115
298
Loans on securities, exclu-sive of loans to banks
To bro-kersand
dealersin NewYorkCity
4,525300
9251,050100900
1,798100
600
To bro-kersand
dealerselse-
where
434622899
224224859
1,6781,260
749
42972
20019,500
800
200
1,
1,
3358298275789
349
Toothers
2,01214,9242,835
847948
5,5966,668
11,99218,07925,44511,529
555,6022,3803,610
17,8641,023
26,39520,6968,3792,2063,359
35
Real-estate loans,mortgages, deedsof trust, andother liens onreal estate
Onfarmland
52204
1,51825678
725149
103
787
15
59615810
27680
On otherreal estate
5764,0501,488850100238
1,2571,1211,24614,2368,617
31,4232,034703
13, 273911
2,9583,1331,747
3521,327
208
Report-ing
banks'own ac-
cept-ancespur-
or dis-chased
counted
100
100
21,260
12
1,2421,155
790
All otherloans
5,93618, 7437,7613,1821,5268,54415,46716,62211,07619, 61810,416
4011,7122,1764,53711,155
95934,62457,18736,4062,2624,409
601
Total
9,00645, 78814,1155,2123,172
18,47927,16431,84133, 04967, 06331, 771
9821,0449,82812,75067,0562,946
68, 62388,28848,4198,596
10,634924
Memoranda
Loanssecured
byUnitedStates
Govern-ment
obliga-tions
1617396110221544192423731616172
43411456426272876254452613817
Totalloans eli-gible for
rediscountwith Fed-
eral Re-serve
banks,includingpaper un-der redis-
count
2,8168,1713,3331,244945
5,7526,3514,4103,6788,1404,415
203,5881,7503,4996,144559
10,48733,56328,2631,4002,151
85
W
oog
W
o
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Sioux CityKansas City, M o . . .St. JosephSt. LouisLincolnOmaha . .Kansas City, Kans .TopekaWichitaHelena __DenverPuebloOklahoma CityTulsaSeat t le -Spokane—PortlandLos AngelesSan FranciscoOgdenSalt Lake City
Total other Reserve cities.. .
Total all Reserve cities
COUNTRY BANKSMaine _New HampshireVermont _MassachusettsRhode IslandConnecticut
Total New England States
New YorkNew JerseyPennsylvania-DelawareMaryland
Total Eastern States
5,917
489
15558
6,415
19,497
84,488
1061,756
135
15
66
117467
1,485
4,323
11,233
1,3842,8703,8301,5201,0001,755
17054087811570532
7001,047
680
2,4001,375
280225
67,803
79,178
1,712716
3413,3184,5294,863
25,172
4,4661,2353,176
113
8,990
11147
164386
2,4791
44590234
58
14,632
34,452
58
1232666
273
121381878
6
10145876017
511854
678,389
8
118
~996"
~~28"
18, 655
40, 549
20
125
2,246316
11,85814
139
14, 573
1001,250
402,100
4501,400
100
1,000
800800
10,400
93,445
331, 549
200296124999
1,6001,250
4,469
13,2449,4071,029
23,680
331
1,112
296
693221634
36876
2792,4013,879
140
72,403
126,525
752529
401,092
464335
3,212
599732739
1120
2,101
98510,5071,481
22,7892,0415,190
6521,3891,495
1658,528
8934,9925,779
11,150606
7,05051,346
127,987707
2,419
765, 787
1,339, 781
12,1359,7174,564
52,74716,07842,290
137, 531
105,58670,849
160,3562,1927,267
346,250
381300211
11774443410115526
74437
424603168
5386
15,46360,749
210248
92,413
93,964
436627
1,132654200494
3,543
7,9512,56613,1681,0002,660
27,345
1511,752
1044,143
16375489 i132 !368
51,404
31,790
9831,504
4162,979
146,019256,062
1,5301,343
90
28
561,108
587, 720
5,2273,5534,20834,3224,16619, 722
71,198
70, 78165,016115,0961,2006,542
258,635
275
121,0116,700
192
41485
526
952
291
2,67220,9213,56630,0763,74816,0171,3592,2552,580397
13,112760
12,2569,98824,8891,43318,365103,279153,8972,9912,896
1,260,702
1,816,660
18,45613, 57311,69663,04312, 55445,636
164,958
157,124117, 762238,8574,11020,334
1,243 | 538,187
5,68338,7519,35461,8247,39626,2883,9584,58311,741
70825,2491,98920,24928,92140,4803,30530,305323,834630,1795,7187,549
3,007,558
3461,58013343410358491591572
427231651062404
1181,487637521
32,476
4,649,266 I 112,420
38,97629,03121, 799166,47441,860114,731
412,871
363,149268,266545,5118,53337,075
1, 222, 534
317175209
1,165261476
2,603
1,075714
1,9626
93
3,850
3,02312,4275,5178,5431,4698,635
7751,4817,634
3007,183
8383,9592,037
11,718688
8,96215, 27035,184
1,4492,001
486,910
754, 207
6,1475,1824,310
26,63810,48911,680
64,446
58,93131,66164,1181,1336,387
162, 230
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Loans and discounts of licensed national banks, June 30, 1934—ContinuedIn thousands of dollars]
Location
Accept-ances of
otherbankspay-
able mUnitedStates
COUNTRY BANKS—continued
VirginiaWest Virginia...North Carolina..South Carolina..GeorgiaFloridaAlabamaMississippiLouisianaTexasArkansasKentuckyTennessee
Notes,bills,
accept-ances,and
otherinstru-mentsevi-
dencingloans,
payablein for-eign
countries
Total Southern States.
382
391
OhioIndianaIllinoisMichigan..Wisconsin .
23
199
1,740
35204
2,194
Com-mercialpaper
boughtin openmarket
Loans to banks
On se-curi-ties
41991030010
6471,856329
260627222335741
6,656
2123517
Allother
418
463 !1,9532,7161,4011,550
37957689525
4351743631047
1,292220190
1,090693328142273
Loans on securities, exclu-sive of loans to banks
To bro-kersand
dealersin NewYorkCity
5, 230 1, 201
To bro-kersand
dealerselse-
where
235316
2062
10426312
521002048720811595
57
27969
1,113
262 !1,591966911126
1602516200
30955
2322539
Toothers
26,84616, 7904,0311,5504,3594,5987,6633,6654,96012,5002,94010,5467,354
107,802
38,05612, 25618, 64116, 49918, 605
Real-estate loans,mortgages, deedsof trust, andother liens onreal estate
Onfarmland
1,8281,183
4301,631
7632,2132,9521,9299,7571,8744,5341,986
37, 648
12,0734,8798,1191,6663,187
On otherreal estate
17,23911,2272,086723
1,9222,0633,7383,5643,0328,2122,4436,8504,042
67,141
Report-ing
banks'own ac-
cept-ancespur-
chasedor dis-
counted
259
"215"
"77"
616
27,41111,8588,234
10,0798,256
All otherloans Total
67,28829,85215,1627,670
12,3097,503
28, 2108,35412,15989,42113, 29030,31127,330
348, 859
65,47923, 79646, 52017,11828.383
119,47261,21823,04311,00120,93618,46944, 59718,74923,569
121,98721,41053,00641, 812
579, 269
Memoranda
Loanssecured
byUnitedStates
Govern-ment
obliga-tions
597434181872343432567564758259256196
3,740
144,443 I56,484 i86,166 !49,110 I60, 376 J
1,903855775207381
Totalloans eli-gible for
rediscountwith Fed-eral Re-
servebanks,
includingpaper un-der redis-
count
27,6339,4836,4644,1525,8064,6489,3733,2574,36946, 2305,2949,4018,364
144, 474' i -1—
21,93510,11021,3746,65613,089
sS
oo
oFFfeJ
d
a
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
MinnesotaIowaMissouri
Total MiddleWestern States.
North DakotaSouth Dakota -NebraskaKansasMontanaWyomingColoradoNew MexicoOklahoma
Total Western States
Washington _OregonCaliforniaIdahoUtahNevadaArizona
Total Pacific States
Alaska (nonmember banks)The Territory of Hawaii (non-
member bank)
Total (nonmember banks)-
Total country banks
Total United States
23
45
1
46
6
i
2,457 2,211
86 945 13 444
1,698999739
11, 519
737762770548339
309969
248
3,602
52253
373182
83
1,213
30
30
57,182
136,360
14118
1,287
13
5
1
10
3,374
37, 826
236264287
4,643
21174211
15154
5367
812
1116
140
16
35
218
81
81
25, 682
66, 231
46163
1,732
243
625
117
193
1
1
31, 276
362, 825
2142441
939
3067
12
32
357
13184199
18
414
168
168
8,304
134, 829
13,1722,2533,376
122,858
1,3241,680
7272,9871,8691,4763,108
4823,720
17,373
3,580684
9,828605191542990
16,420
15
8,702
8,717
756, 951
2,096, 732
5,3053,4412,098
40, 768
1,8631,2362,0563,835
987609
1,906687
2,413
15, 592
2,0351, 5228,327
689683183358
13,797
79
79
138, 772
232, 736
6,2562,4322,584
77,110
1,387935823
1,859512638
1,193539
1,887
9,773
3,0951,313
15, 927272231610495
21, 943
337
4,157
4,494
510, 294
1, 098, 014
1923
83
513
18
59
59
2,545
105, 712
31, 07717,38613,909
243,668
10, 5339,818
19,84329, 5648,9189,582
12,4005,524
25, 560
131, 742
18, 7659, 234
38, 2043,8001,8111,2252,400
75,439
844
2,738
3,582
1, 506, 435
3,323, 095
58,16426,85623,037
504,636
15,91014,60624,43539,15712,64812, 34418,7247,336
34,358
179, 518
28,02213,00673, 057
5,5662,9322 5604,361
129, 504
1,226
15,925
17,151
3, 045, 483
7, 694, 749
1,611132256
6,120
15810468
426540
279925
518
1,965
464497272
2114
251
1
1
18, 530
130,950
18,79410,3096,234
108,501
5,2945,113
12,19917,0034,8044,9377,2673,182
15, 758
75, 557
6,4103,496
11,7181,945
641348
1,305
25,863
30
30
581,101
1,335,308
W
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O
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3o
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
76 REPORT OF THE COMPTROLLER OF THE CURRENCY
The percentage of loans and discounts of national banks in thecentral reserve cities of New York and Chicago to the total loans anddiscounts of all national banks on June 30, 1934, together with similarinformation in relation to banks in other reserve cities, etc., is shownin the following statements, compared with like information as ofJune 30, 1932 and 1933:
lln thousands of dollars]
Banks in—
New York
DoChicago. _ . _ . .-Other reserve cities
All reserve cities _States (exclusive of reserve cities). _.
Total United States
Loans
June 30, 1932
Amount
1,565,857
} 1,828,3163,970,907
5,799, 2234,482,453
10, 281,676
Percent
15.23
17.7838.62
56.4043.60
100.00
June 30
Amount»
1,342,716
1,937,7533,018,934
4,956,6873,160,285
8,116,972
, 1933
Percent
16.54
23.8837.19
61.0738.93
100.00
June 30, 1934
Amount l
1,155,708
1,641,7083,007,558
4,649, 2663,045,483
7,694,749
Percent
15.02
21.3439.08
60.4239.58
100.00
1 Amount reported by licensed banks, i. e., those operating on an unrestricted basis.
COMPARATIVE CHANGES IN DEMAND AND TIME DEPOSITS, LOANSAND DISCOUNTS, UNITED STATES GOVERNMENT AND OTHERBONDS AND SECURITIES OWNED, AND THE AMOUNT OF RESERVEOF NATIONAL BANKS WITH FEDERAL RESERVE BANKS SINCEJUNE 30, 1930
The amount and percentage of increase or reduction of demand andtime deposits, loans and discounts, United States Government andother bonds and securities owned, and reserve of national banks withFederal Reserve banks on June 30, of each of the last 5 years are shownin the following statement:
[In thousands of dollars]
Demand depositsTime depositsLoans and discounts...u. o- vjovcrnizioiit HUU
other bonds, stocks,etc., owned
Reserve with FederalReserve banks
June 30,1930
(7,252banks)
10,926,2018, 752,571
14,887,752
6,888,171
1,421,676
June 30,1931
(6,805banks)
10,105,8858,579,590
13,177,485
7,674,837
1,418,096
Per-centin-
crease(+)or de-
crease( - )
sinceJune30,
1930
-7 .51-1.98
-11.49
+11.42
- . 2 5
June 30,1932
(6,150banks)
7,940,6537,265,640
10,281,676
7,196,652
1,150, 575
Per-centin-
crease(+)or de-
crease( - )
sinceJune30,
1931
-21.43—15.31-21.98
-6 .23
-18.86
June 30,1933
(4,902banks J)
7,894,1276,216,9178,116,972
7,371,631
1,412,127
Per-centin-
crease(+)or de-
crease( - )
sinceJune30,
1932
-0 .59—14 43-21.05
+2.43
+22.73
June 30,1934
(5,422banks J)
9,280,9296,891,1287,694, 749
9,348,553
2,497,400
Per-centin-
crease(+)or de-
crease( - )
sinceJune30,
1933
+17.57+10.84-5 .20
+26.82
+76.85
1 Licensed banks; i. e., those operating on an unrestricted basis.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
UNITED STATES GOVERNMENT SECURITIES AND SECURITIES GUARANTEED BY UNITED STATES AS TO INTERESTAND/OR PRINCIPAL, REPORTED BY LICENSED NATIONAL BANKS IN RESERVE CITIES AND STATES
The following statement shows a classification of United States Government securities and securities guaranteedby the United States as to interest and/or principal, reported by licensed national banks according to reserve citiesand States, June 30, 1934:
U. S. Government securities and securities guaranteed by United States as to interest and/or principal, reported by licensed national banks,June 30, 1934
[In thousands of dollars]
Location
New York.Chicago
CENTRAL RESERVE CITIES
Direct obligations of the U. S. Government
Bonds(including
bondsdepositedto securecircula-
tion)
433,270197,877
Total central reserve cities 631,147
OTHER RESERVE CITIESBostonBrooklyn and BronxBuffalo ---PhiladelphiaPittsburgh—Baltimore -WashingtonRichmond -Charlotte -AtlantaSavannah
66,4735,2381,114
122, 539106,00068,08741, 4419,3733,038
19, 2686,525
Treasurynotes
318,118114,546
432, 664
84, 67320467
24, 646126,18217,9857,7487,149
5609,1044,317
Certifi-cates ofindebt-edness
73,13935,149
108, 288
16, 765
406,93419, 57112,0212,070
3,003950
Treasurybills
154,25263,980
218, 232
8,141
2951,000510
1,000
Obligations guaranteed by the U. S. Govern-ment as to interest and/or principal
Obligations of—
Total
978, 779411,552
1, 390,331
Recon-structionFinanceCorpora-
tion
95,31575,750
171,065
176, 0525,4421,221
154, 414252, 75398.60351, 25916, 5223,598
32, 37511, 792
23
FederalFarm
MortgageCorpora-
tion
2,62312
2,635
20
HomeOwners'
LoanCorpora-
tion i
6,218428
6,646
Total
104,15676,190
1,1141944
3,833350290133
2,30475
1,1141944
3,856350310133
2,31086
177,1665,6361,225
158,270252, 75698,65351, 56916,5353,60134,68511,878
Grandtotal
1,082,935487,742
180,346 1, 570,677
1 Includes Home Owners' Loan Corporation 4-percent bonds, guaranteed by the United States as to interest only, the amount of which was not called for separately.
O
o
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Q
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
U. S. Government securities and securities guaranteed y United States as to interest and/or principal, reported by licensed national banks,June SO, 1984—Continued
[In thousands of dollars]
oo
Location
OTHER RESERVE CITIES—continued
Jacksonville, _ -BirminghamNew Orleans - -DallasEl Paso - -Fort Worth _.GalvestonTTnnst.on . . _San AntonioWacoLittle RockLouisvilleMemphis _ - .NashvilleCincinnatiClevelandColumbus -ToledoIndianapolisChicago. > .PeoriaDetroitGrand Rapids - - _ _ -MilwaukeeMinneapolisSt. Paul.. _ _Cedar Rapids -Des MoinesDubuque
Direct obligations of the U. £
Bonds(including
bondsdepositedto securecircula-
tion)
14,3917,903
22,72529,8252,8737,7964,213
37,37714,6613, 5881,721
21,47812, 2595,149
11,98550, 58520,1331 724
21,8938,2289,197
56, 7673,845
34 98342, 34232, 238
1,8588,0051,736
Treasury-notes
14,0392,481
15,89012,0902,7162,6571,973
24, 7206,0371,383
5004,7539,0162,9759,422
18,15710, 519
1018,5331,8361,832
61,687686
35,82727, 5875,6411,625
10, 5781,145
Certifi-cates ofindebt-edness
210
6,6001 022
102,050
396
6,3711,040
1,2075,6261,401
1,181869695
14,10050
5003,8574,8251,1601,351
371
. Government
Treasurybills
598
2,705
2,686
5,985
100
20
178
1501,915
998
Total
29, 23810, 38445, 21545, 6425,589
13,1396,186
68,09222, 7485,4672,221
32, 62222,3158,124
22, 61474, 36832, 2311,825
31,60710,93311,874
134,4694,581
71, 31073, 78642, 7044,643
20,9323,252
Obligations guaranteed by the U. S. Govern-ment as to interest and/or principal
Obligations of—
Recon-structionFinanceCorpora-
tion
FederalFarm
MortgageCorpora-
tion
25
237299
3
233
39
431
536
1,644
10233
318152
731
1
HomeOwners'
LoanCorpora-
tion
3401,7705,673
238
685919615
5332,126
65142650
5,3081,616
9,08549427
1546383
1,3603,710
175899154
Total
3651,7705,910
537
36
861229
15572
2,126108143
1,1865,3083,260
9,18749730
1546701
1,5123,710
182930155
Grandtotal
29,60312,15451,12546,1795,589
13,1426,192
68,95322,9775,4822,793
34,74822,4238 267
23,80079,67635,4911,825
40,79411,43011,904
134,4705,127
72,01175,29846,4144,825
21,8623,407
wQO
wa
o
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Sioux CityKansas City, Mo.. .St. Joseph __.St. LouisLincolnOmaha.Kansas City, Kans_.TopekaWichitaHelenaDenverPuebloOklahoma CityTulsaSeattleSpokanePortlandLos AngelesSan FranciscoOgdenSalt Lake City
Total other reserve cities.
Total all reserve cities
MaineNew Hampshire..VermontMassachusettsRhode IslandConnecticut
COUNTRY BANKS
Total New England States..
New YorkNew JerseyPennsylvania.DelawareMaryland
Total Eastern States.
3,51810,5141,910
24,8857,08015,4012,2464,3662,4451,76227,4534,03811,7869,904
30, 7262,085
47, 034122,081286, 724
40011,066
17, 54413, 2167,652
61, 23812,49532,985
145,130
127,363100,320197, 2772,42011,914
439, 294
2,68621,8313,525
47, 0215,18015,429
3712,3373,425381
22, 543450
1,0487,794
24, 376367
12, 34722,20573, 3212,331
28
2714,504242
9,6482,3691,851
2621,653
19709
15281530513
8813,529
1003,993
846
249300150
23,903
76
1,567,998 | 848,037 I 143, 599
2,199,145 1,280,701 251,887
3,0041,1431,429
24, 5777,57113, 695
2646676
1,299627
1,120
51,419 ! 3,452
40, 36416, 52233, 740
360
93, 474
6,6617,6833,631
31
18, 006
5,240
~6,~693'
6,57442,0895,677
88, 24714,629
67, 954
286,186
32, 7812,6177,06511, 5162,162
51, 5514,48812,84918,22855,9323,11559,381169,070363, 5742,73111,170
2, 627, 588
4,017,919
3,297
50498
1,000
4,845
34534
24,10914,4259,15787,16421,191
204, 846
4,586
46441625051720813117
165482113
1,007224471202664104509
41
1463495
6,70561102
130364
1,0257
3,9952,7058,200272139
4,609
175, 674
11,011 64,158
13,646 70,804
6916147
1,21955253
1,497544777
3,843661773
1,759 8,095
174,388124,559 j235,1822,78014,488
623 551,397
1,713 j639 J913 !29187
3,481
7,00112, 3427,211
43959
27, 556
211526129
5,8432746414034771055268
171364
1,03913
4,0292,80014,905
333241
79, 778
1,566560924
5,062716
1,026
9,854
8,71412,9818,124
721,146
31,037
6,78542, 6155,80694,09014,65633,2452,7577,09911,5932,26752,0774,49613,02018,59256,9713,12863,410171,870378,4793,06411, 411
2, 707, 366
260,124 4,278,043
25,67514,98510,08192, 22621,90749,826
214,700
183,102137,540243, 3062,85215,634
582,434
CO
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
U. S. Government securities and securities guaranteed by United States as to interest and/or principal, reported by licensed national banks,June SO, 1984—Continued
[In thousands of dollars]
Location
COUNTRY BANKS—continued
Virginia..,.West VirginiaNorth Carolina _South CarolinaGeorgiaFloridaAlabamaMississippi __LouisianaTexas . . .Arkansas _KentuckyTennessee _
Total Southern States._
OhioIndiana _Illinois.Michigan _Wisconsin _Minnesota _IowaMissouri
Total Middle Western States
Direct obligations of the U. S. Government
Bonds(including
bondsdepositedto securecircula-
tion)
34,27023,2446.6786,0228,35225,54814,5566,4896,98351,08511,81517,85323,767
236, 662
30,97654,04726,14824,94632,80612, 79111,844
253,143
Treasury
12,1583,3611,1693,1001,47413, 5495,4491,395449
9,3821,6182,7454,694
60, 543
11,8808,34522,167
13, 26513,5813,9873,884
86,947
Certifi-cates ofindebt-odness
Treasurybills
63128949146610
1,67270795204
2,396215111138
18775
4,3051,3382,7071,386572
1,077
12,678
2,470
55046610051
3,899
25
650780
1,278183
Total
47,246
7,8969,26810, 43643, 23920,7127,9798,18663,32913, 74820,76028,599
308,367
72,18439,92081,16938,10440,99847,773
Obligations guaranteed by the U. S. Govern-ment as to interest and/or principal
Obligations of—
Recon-structionFinanceCorpora-
tion
FederalFarm
MortgageCorpora-
tion
33518718820422593204189104
1,014130588132
3,593
48
18,628 i16,988 !
248
2,996 355,764 I 296 6,044
HomeOwners'
LoanCorpora-
tion
2,1951,262
266394354
3,309906488126
1,030668
1,4432,381
14,822
510588
1,487324
1,581801552201
3,2173,7232,8101,6374,4562,372834708
19, 757
Total
2,5301,449
454598579
3,4021,110
677230
2,044798
2,0312,513
18, 415
3,7274,3114,3451,9616,0373,1731,634
909
26,097
Grandtotal
49, 77628,4188,3509,86611,01546, 64121,8228,6568,41665, 37314, 54622, 79131,112
326,782
75,91144,23185, 51440,06547,03550,94620, 26217,897
381,861
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
North DakotaSouth DakotaNebraska _Kansas -Montana _Wyoming ,Colorado.New Mexico _Oklahoma _ _._
Total Western States
WashingtonOregon _CaliforniaIdahoUtahNevadaArizona
Total Pacific States _.
Alaska (nonmember banks)The Territory of Hawaii (nonmember bank)
Total (nonmember banks) ..._
Total country banks
Total United States
7,2505,084
12,56616, 74310,1334,949
10, 6964,242
17, 716
89, 379
14, 7107,873
20, 7683,178
8962,5657,280
57, 270
1,2326,792
8,024
1, 228,902
3,428,047
4,9792,8316,2713 7693,1351, 5881 920
5583,352
28,403
4,5971,3575,6294,116
842,453
208
18, 444
11233
145
339,375
1,620,076
308517574943546230247
73408
3,846
23295
661152
85
1,225
50
50
46, 520
298,407
369
181241
315
50
562
100
100
13,025
299, 211
12,5408,501
19, 59221,69613,8146,770
12,8784,873
21, 526
122,190
19, 6399,325
27, 0587,446
9805,1037,488
77, 039
1,3946,825
8,219
1, 627,822
5, 645, 741
296
175, 970
421299729
1,2209834
29345
395
3,534
19238195266
518
1,614
20, 025
33, 671
910588
1,024440502467341293641
5,206
235164910
4762
166153
1,737
293
293
77,466
148, 270
1,331887
1,7531,660
600501634338
1,036
8,740
427545
1,86211367
184153
3,351
293
293
97, 787
357,911
13,8719,388
21,34523, 35614,4147,271
13, 5125,211
22,562
130,930
20,0669,870
28,9207,5591,0475,2877,641
80,390
1,3947,118
8,512
1, 725,609
6,003, 652
3
wtel
oog
oo
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
82 REPORT OF THE COMPTROLLER OF THE CURRENCY
INVESTMENTS OF NATIONAL BANKS
The tables following disclose a summary of the investments ofnational banks in United States Government and other bonds andsecurities as of June 30, 1932, 1933 and 1934, and a detailed classi-fication by reserve cities and States of bonds and securities other thanUnited States Government held on June 30, 1934.
lln thousands of dollars)
Number of banks—
Obligations of—Reconstruction Finance Corporation.Federal Farm Mortgage Corporation.Home Owners' Loan Corporation
Toiat securities, other than direct obligations, guaranteed byU. S. Government as to interest and/or principal
Obligations of Federal land and intermediate credit banksStock of Federal Reserve bankObligations of States, counties, districts, political subdivisions, and
municipalities 2
Obligations of territorial and insular possessions of the United States.Obligations of joint stock land banksBonds, notes, and debentures (not including stock) of other domes-
tic corporations:RailroadsPublic utilitiesReal estate corporationsOther domestic corporations
Stock of other domestic corporations:Real estate corporationsBanks and banking corporations '.Other domestic corporations _
Foreign securities:Obligations of foreign central governments _Obligations of foreign provincial, State, and municipal govern-
ments -Other foreign securities
Total miscellaneous bonds and securities not guaranteed by U. S.Government..
Total miscellaneous bonds and securitiesU. S. Government securities, direct obligations
Total bonds and securities of all classes 7,196,652
June 30,1932
6,150
90,417
1,117,698
652, 665684,465
3 839,124
114, 669
168,155
176, 793
3,843,9863,843,9863, 352, 666
J u n e 30,1933
i 4,902
83,603
1,162,478
530, 634533, 260
3 653,600
110,436
149,389
116,655
June 30,1934
i 5,422
175,97033,671
148,270
357,911184,31288,674
1,212,39716,02123, 620
529,090519, 584
38, 937391,081
32,31425, 74485, 226
95, 341
48,79653,764
3,340,055 i3,340,055 I4,031,576 I
S, 344,9013, 702,8125, 645,741
7,371,631 9,348,553
1 Licensed banks; i. e., those operating on an unrestricted basis.i Including school, irrigation, drainage, and reclamation districts, and instrumentalities of one or more
States.3 Includes claims and judgments.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
United States Government, domestic, and foreign bonds, securities, etc., held by licensed national banks June 80, 1934
[In thousands of dollars]
Location
CENTRAL RESERVE CITIES
Miscellaneous bonds, stocks, and securities, etc.
03 ^ - 3
•S '3 '3
IIIo s ®
New York 1,082,935Chicago | 487,742
Total central reserve cities 11,570,677
OTHER RESERVE CITIES
Boston..Brooklyn and Bronx.BuffaloPhiladelphiaPittsburghBaltimoreWashington.. _RichmondCharlotteAtlantaSavannahJacksonvilleBirminghamNew OrleansDallas.
177,5,6361,225
158, 270
36,072
35, 366 19, 406706 5,158
24, 564
252,798, 65351, 56916, 5353,601
9,3831100J
3, 0621299!
15, 777!3,108!
34, 68511,878!29, 60312,15451,12546,179
2, 072|498!815|406
2,804641
3,79514422
3,2701,679
40246224078
380261251375325590
176, 63359, 578
236,211
13, 5821,790185
26, 9734,3364,3671,5575,1841,0183, 5331,3134,9341,8974,4576,004
514
343
"I
120115
1210
614
Bonds, notes, and deben-tures (not includingstock) of other domesticcorporations
Stock of other do-mestic corpora-tions
81, 83410, 751
92, 585
. . . . I 1,682I 516
265' 25,7081 16,777
8151,1,674
20!
840
1,618444
1,462262470183
38, 39415, 629
54,023
12, 6661,858473
19, 07410, 367
1202,451990
1,573108
1,223322317
1,2464,762
6,008
578465
110
4618
1,2571747752
8o
Sou
33,267 372!l6,542 34,29,013 3,998
62,280| 4,37016,
8,145781174
15, 47019, 203
8611,4161,789
53732867
1,259324
1,2362,865
d o
l!
448 8,057
142, 263 25,177
2404
119675
42
126
1,448643
125612
92
192
1,6731,743
1852
3563
302164542284739
Foreign securities
2*3
7,1279115
2,7501,244
49132221
37732611230
834135
.2.3 £ g! S*
a&«
a3 O
3,89111,262 467,708 11, 536! 97 149,653
5, 427111, 359 617,361 2,188, 038
1,60465
9711423
92
1, 943i
402!40|
230|1541
, 550, 643637, 395
"333J
33
74, 2256,7861,399
105, 39357, 585|22,450111, 27111, 2851,161
11,2194,063
11, 6483,761
11,39113, 782
251, 39112,4222,624
263, 663310, 341121,10362,84027, 8204,762
45, 90415, 94141,25115, 91562, 51659, 961
1 Including school, irrigation, drainage, and reclamation districts, and instrumentalities of one or more States.OOCO
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
United States Government, domestic, and foreign bonds, securities, etc., held by licensed national banks June 30, 1934—Continued
[In thousands of dollars]
Location
OTHER RESERVE CITIES—continued
El Paso.Fort WorthGalvestonHoustonSan Antonio...WacoLittle RockLouisvilleMemphisNashvilleCincinnatiClevelandColumbusToledoIndianaplisChicago-----...PeoriaDetroitGrand Rapids _MilwaukeeMinneapolis. _.St. Paul..Cedar Rapids..Des Moines
5,58913,1426,192
68, 95322, 9775,4822, 793
34, 74822, 4238,267
23, 80079,67635,4911,825
40, 79411,43011,904134,4705,12772,01175,29846,4144,825
21,862
Miscellaneous bonds, stocks, and securities, etc.
1!
•SB
1481,795
68551065
452
2,0531,772
312767
4,0935,116
161769607
6,67924
8371,715
373
4422393
6471915429
157330251409513405
14299109204810
6057072039530
165
HI
4,1901,5104,1363,2151,
52862
11,2745,2673,8383,3437,f
921,2773,6642,1333,790648
2,0887,6823,5243,0124,251
33
"891
82145
5793
117
Bonds, notes, and deben-tures (not includingstock) of other domesticcorporations
105455
31161063367375257
1,84749
2671,6175,2931,704511252845
1,383585
11,7935,8631,668
29514
4515240899138158
2,40688209
1,9231,5931,024
85648486
1,10974731
1,3681,606486360572
70567
1,6157
15
15357305
4726526
" 2 53
291312491672884645
294
Stock of other do-mestic corpora-tions
15570
5601,
46146188
1,753290
2,5123,8834,3642,131
26816
813614859
571,6242,2361,213
1, 762J
1,2917,1723,61411,0924,0642,2791,1608,57014, 42011,17113,55224,88220,3081,1314,4076,2426,08813,8861,07510,44321, 61311,6043,8018,449i
so
20,3149,80680,04527,0417,7613,953
43, 31836,84319,43837,352104,55855,7992,956
45,20117,67217,992
148. 3566,20282,45496,91158,0188,62630,311
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
DubuQueSioux CityKansas City, MoSt. Joseph
g St. Louis§ Lincolng Omaha... _.cc Kansas City, Kans1 Topekaco Wichitaf Helena.
Denver..Pueblo
•̂ Oklahoma CityTulsaSeattleSpokanePortlandLos Angeles . .San FranciscoOgdenSalt Lake City
Total other reserve cities
Total all reserve cities
COUNTRY BANKS
MaineNew HampshireVermont .MassachusettsRhode Island.- . .Connecticut-
Total New England States
New YorkNew JerseyPennsylvaniaDelawareMaryland
Total Eastern States
3 4076,785
42,6155,806
94,09014,65633,245
2,7577,099
11,5932,267
52,0774,496
13,02018,59256 971
3,12863,410
171,870378,479
3,06411,411
2, 707,366
4, 278,043
25, 67514,98510,08192,22621,90749,826
214, 700
183,102137, 540243,306
2,85215, 634
582,434
2341,1381,831
2042,207
161899667739
1,41229
1,02610
736743
1 377386
50895
3,7326968
85,976
122,048
217243294
1,79555
771
3,375
2,4353,5066,625
781,166
13,810
1260
29962
68564
2553648
11118
50271363486
53285
2,1004,061
4294
28,766
53,330
416330271
1,745474
1,155
4,391
3,8312,8316,879
132348
14,021
1651,1738,161
7757,820
4937,022
8823,2211,607
9746,288
68819,4185,581
11,185956
11,37068,020
122,242637
3,154
441,946
678,157
1,670963
1,34912, 293
8408,415
25,530
80,50637, 75834,491
5764,970
158, 301
235140
425
64
1321,017
278
10100
1,168
7
5,700
98147
16
1045
104
58
46910
10, 6222324
13,971
5, 711 13, 992
467950
41638
6
635
646205
1,3197085
2,325
52258
306
37
653
139493946
620
1,604
240121674145
2,703112
2,3425
1214
2952,098
428392251
4,75899
4,1362,8438,044
373856
117,853
210,438
5,4772,9663,648
15,4781,4928,887
37, 948
66,03645, 21193,230
1,4505,021
210,948
103231802211
3,616101
1,7992424
3193
1,736747298171
2,889187
3,5024,0736,406
355608
96,260
150, 283
12,9785,8164,562
33,3345,479
10,061
72, 230
63, 06541,666
100,8412,0445,495
213, 111
482
1,157
63
5
2441025
130
14,4402,594
7
18150
1,088221
2,7635967174024
8483
1,293368639689
2,46269
2327,6397,075
400755
17,481! 110, 397
23,489
2592735
740328144
1,533
1,1401,3122,518
135363
5,468
172, 677
4,7631,9712,603
11,9961,3973,561
26, 291
28,44616, 34163,403
1,0963,293
112, 579
320
173
1
9526,082
550669
15, 637
20,007
1
840258
35
1,134
3,7692,854
3342
190
7,149
468
3
536100
33
6,364
23,354
4124
6130
547
316
259227670
22151
1,329
3,71010
2,2106
9
39
1,0061
15550
1,252
1,453
25,354
67,617
14617369
1,375127288
2,178
1,3331,0996,218
18140
8,808
125275153347
26118
90
_ . -6638110
143105632
61376
3,0903,854
1973
28,136
53,313
1,392281623
2,000215
1,219
5,730
6,4113,815
10, 590358339
21, 513
103113897
1113
10
50405
219769
103422
3,1511,329
3792
12,067
5819044653220
6
16175
126
157
1,326935
1,0235
13, 634
17,494 24,993
885181311
1,581176
1,201
4,335
5,7672,9309,090
148397
18,332
905295378
2,574258532
4,942
5,1052,6388,073
181388
16,385
7723,261
17, 5391,936
23, 7781,596
13,3731,6544,1833,1602,124
14,2502,377
23, 2629,018
24,0611,922
22,19499,334
179,5842,5387,893
1, 019, 542
1, 636,903
29, 21013,70814,19986, 60311,14236,359
191, 221
268,888162,886345, 227
6,31622, 366
805, 683
4,17910,04660,1547,742
117,86816, 25246, 6184,411
11, 28214,7534,391
66,3276,873
36,28227, 61081,0325,050
85,604271,204558,063
5,60219,304
3, 726,908
5,914,946
54,88528,69324, 280
178,82933,04986,185
405,921
451,990300,426588,533
9,16838,000
1,388,117
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
United States Government, domestic, and foreign bonds, securities, etc., held by licensed national banks June SO, 1934—Continued
[In thousands of dollars]
00OS
Location
Miscellaneous bonds, stocks, and securities, etc.
3.2
i!"8.2
I I
Ill2*5
Bonds, notes, and deben-tures (not includingstock) of other domesticcorporations
3
Stock of other do-mestic corpora-tions
Foreign securities
file
COUNTRY BANKS—continued
Virginia.--West VirginiaNorth CarolinaSouth CarolinaGeorgiaFloridaAlabama... -._MississippiLouisiana.- _TexasArkansasKentucky. _ ...Tennessee-
Total Southern States
OhioIndianaIllinois-Michigan -Wisconsin _Minnesota
49,77628,4188,3509,86611,01546,64121,8228,6568,41665, 37314, 54622, 79131,112
2,0721,172156537451
1,49654259285
3,3382,162449225
1,186606255164291382591202224
1,715293542
8,3776,9627,'"4,2222,8386,80211,6079,2005,38628,3555,4804,r~7,976
187 9023664 48
113444
39! 30129
5082215
1,3581610425
1714779123
2,1421,841177408902
1,1641,162353267
1,144856
1,979352
2,2112,415106139994
1,2722,131425546
1,114829
2,771
965531
"36303679271355
3257871713
2,4543,113
6478710
1,3291,521785466
2,4431,0132,4341,320
319727
513513423
16630
112113095801840
779789102908357178114400477113158406
30272324271674265689224224162362182
199155
167207
223493222435787264
154
10247186
11184
15540
21, 61619,5078,1035,7366,638
14,83520,65012,7187,678
41,04911,71813,98411,790
326, 782| 13,277 6,849 108,402 l f974| 2,405 12, 747 15, 651 4,129 17, 730 2,565 610 3,746 1,076 1,578 196,022
75,91144, 23185,51440,06547,03550,946
4,9063,9094,665366485
2,321
1,635731
1,188649718818
25,5875,16422, 26211,3429,20325,233
1,093791
1,1001977656
481479839208242398
8,8489,5556,3915,2255,6976,385
7,7378,0279,5807,29410,4935,840
420412496418361
8,0974,5238,326
7,1548,673
32225254534
420200412207293144
1,7842
1,0231,4241,3241,324
1,126334851841770
1,180
1,037107713615570724
63,49835,13158,02134,87637,48153,470
71,39247,92516,45315,60217,65361,47642,47221,37416,094106,42226,26436,77542,902
522,804
139,40979,362
143,53574,94184,516
104,416
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Iowa.. _ _ ._ .Missouri
Total Middle Western States
North DakotaSouth DakotaNebraskaKansas ._ _.MontanaWyomingColoradoNew Mexico. _ _.Oklahoma.. _
Total Western States..
WashingtonOregonCalifornia . .Idaho..Utah.Nevada ._. _ . . _Arizona _
Total Pacific States .
Alaska (nonmember banks)The Territory of Hawaii (nonmember
bank).
Total (nonmember banks)
Total country banks
Total United States.
20,26217,897
381,861
13,8719,388
21, 34523, 35614,4147,271
13, 5125,211
22,562
130,930
20,0669,870
28,9207,5591,0475,2877,641
80, 390
1,3947,118
8,512
1, 725, 609
6, 003, 652
1,0491,618
19,319
515908
2,1611,317
944629
1,1581,7551,228
10, 615
74027728898
5191229
1,828
40
40
62, 264
184,312
323268
6,330
213197314494195119236
88477
2,333
33816169886282683
1,420
35, 344
88, 674
6,5536,018
111, 362
4,8247,8863,757
11,8934,9252,2104,4022,112
30,128
72,137
9 6886,989
30,9722,891
3812,0302,191
55,142
1213,245
3,366
534,240
1,212,397
212202
3,727
8411510088279469
100145
822
194106524
15126
434
393
393
10, 310
16,021
126138
2,911
15337413254
16856
16657
129
1,289
187844888
21135
455
14297
311
1,534591
44, 226
895545705395
1,084296791
91594
5,396
2,034336
2,574357
6218260
5,605
831,699
1,782
1,9771,054
52,002
1,291819862366
1,638275
1,50999
606
7,465
1,490531
4,549295
7814686
7,175
2901,377
1,667
9, 628 318, 652 369, 301
23,620 529,090 519,584
68130
2,694
125134
71
68705941
9
464
6937
7585
50
919
241
241
15, 448
38,937
1,569914
45, 244
1,3001,0511,065
6711,705
2661,539
1551,469
9,221
2,191271
2,93616653
125436
6,178
1171,044
6860
774
3
156192261
26
287
398
398
1,161
218, 404! 12, 307
391, 081 32, 314
4
114
1
1
117
11
6
3
1
27345
2,048
11612471020372049
212
19716
2776
17
- ~ l 4
10 517
199
100
2, 39017, 609
25, 744 85, 226
274177
8,157
28914631538779147
26713
209
2,464
351147207991338
6
861
1010
20
42, 028
95, 341
104140
5,346
29164
390133484
19307
1166
1,765
1331516536
10
395
548
53
12620
3,912
12510113975
72941
1439
29
1,391
14025
3335
220
14,01411,675
308,166
10,10612,3609,959
16,07812, 7874,114
10,7454,552
35,171
115,872
17, 7589,035
44,1714,156
6402,8163,286
525 81,862
371
38
31, 302 28,771
48,796 53, 764
7188,454
9,172
34, 27629,572
690,027
23,97721, 74831, 30439,43427, 20111, 38524, 2579,763
57, 733
246,802
37,82418,90573, 09111,7151,6878,103
10,927
162, 252
2,11215, 572
17, 684
1,707,998 3,433,607
3, 344,901 9, 348, 553
M
aogS3O
1-3
WQ
W
to
ol
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
88 REPORT OF THE COMPTROLLER OP THE CURRENCY
EARNINGS AND DIVIDENDS OF NATIONAL BANKS
The statement following shows a summary of the earnings anddividends of licensed national banks for the fiscal years ended June30, 1933 and 1934. Statements showing the capital, surplus, andthe earnings, expenses, etc., of these associations in reserve cities andStates and Federal Reserve districts for the 6-month periods endedDecember 31, 1933, and June 30, 1934, and the year ended June 30,1934, are published in the appendix of this report.
Earnings and dividends of licensed National banks for the fiscal years ended June30, 1933 and 1934[In thousands of dollars]
Capital, par value:1
Class A preferred stock..Class B preferred stock.Common stock _.
Total_Surplus 1
Total capital and surplus J
Gross earnings:Interest and discount on loansInterest and dividends on bonds, stocks, and other securitiesInterest on balances with other banksCollection charges, commissions, fees, etcForeign department (except interest on foreign loans, investments, and
bank balances)Trust departmentService charges on deposit accounts. _Other earnings
Total _
Expenses:Salaries and wagesInterest on deposits of other banks _.Interest on other demand depositsInterest on other time depositsInterest and discount on borrowed money-TaxesOther expenses «..
Total expensesWithdrawals from reserves for expenses of previous periods accrued and
unpaid 2
Year endedJune 30, 1933(4,902 banks)
Grand total.
Net earnings •__.Recoveries, profits on securities, etc.:
On loans _ _On bonds, stocks, and other securities..All other
Total -
Total net earnings, recoveries, etc_
51,1932,600
1,463,412
1,517, 205
2,457,803
473, 696283,56810, 65714,099
12, 53821,46114,00652, 337
882, 362
204, 51318, 52146,715
189,08717,18141,020
120,714
637,751
28,259
666,010
Year endedJune 30, 1934(5,422 banks)
216,352
17,12951,5159,915
78,559
294,911
401,98910,081
1,326,712
1,738,792854,057
2,592,849
388,064291,901
1,55117,936
14,11123,61616,31753,030
806, 526
202,2141,943
10,321166,103
4,15143,606
128,705
557,043
557,043
249,483
26,30493,58015,467
135,351
384,834
* Capital and surplus at end of period.« Amounts set aside in previous periods as reserves for accrued expenses unpaid, and amounts set aside
in previous periods as reserves for depreciation on banking house, furniture and fixtures and other realestate, but which were withdrawn from reserves and charged off in the 6-month period ended Dec. 31,1932.For details of amounts see tables 66-A and 67-A in the annual report for 1933.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 89Earnings and dividends of licensed national banks for the fiscal years ended June
30, 1933 and 1934—Continued[In thousands of dollars]
Losses and depreciation:On loans _ .On bonds, stocks, and other securitiesOn banking house, furniture and fixturesOther losses and depreciation
Total . . . .
Withdrawals from reserve for depreciation of previous periods on realestate2
Grand totalNet addition to profits
Dividends:On preferred stockOn common stock
Total _
Ratios:Dividends on common stock to common capital * percent..Dividends on common stock to common capital and surplus i doNet addition to profits to common capital * doNet addition to profits to common capital and surplus 1 doNet addition to profits to common and preferred capital* doNet addition to profits to common and preferred capital and surplus i
percent..
Year endedJ u n e 30, 1933(4,902 banks)
231,420236,557
15,91622,803
506,696
6,599
513 2953 218, 384
<22*« 99,124
99,146
6.774.12
3 14.923 9.08
314.39
3 8.89
Year endedJ u n e 30, 1934(5,422 banks)
379,294241,789
29,83337,464
688,380
688,3803 303, 546
3,430« 72,418
75,848
5.463.32
3 22.883 13.923 17.463 11. 71
1 Capital and surplus at end of period.2 Amounts set aside in previous periods as reserves for accrued expenses unpaid, and amounts set aside
in previous periods as reserves for depreciation on banking house, furniture and fixtures and other realestate, but which were withdrawn from reserves and charged off in the 6-month period ended Dec. 1,1932.For details of amounts see tables 66-A and 67-A in the annual report for 1933.
3 Deficit.< Revised.«Includes 1 stock dividend of $50,000.8 Includes 7 stock dividends of $710,000.
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 owned and loans and discounts, years endedJune 30, 1918 to 1934, inclusive
[In thousands of dollars]
Yearended
* June30—
1918.—1919.—1920192119221923.192419251926. -19271928192919301931193219331934
UnitedStates
Govern-ment
securities
2,129,2833,176,3142, 269, 5752,019,4972, 285, 4592, 693,8462,481, 7782, 536, 7672,469, 2682, 596,1782,891,1672,803, 8602, 753, 9413, 256, 2683,352, 6664, 031, 5766,003,652
Otherbondsand se-curities
1,840,4871,875, 6091,916,8902,005,5842, 277,8662,375,8572, 660,5503,193, 6773, 372, 9853, 797,0404, 256, 2813, 852, 6754,134, 2304, 418, 5693, 843,9863, 340,0553,344,901
Totalbondsand se-curities
3,969, 7705,051,9234,186, 4654,025,0814, 563, 3255,069, 7035,142, 3285, 730, 4445,842, 2536,393, 2187,147,4486, 656, 5356,888,1717, 674,8377,196, 6527, 371, 6319,348,553
Loans anddiscounts(including
redis-counts)
10,135,84211,010,20613,611,41612,004, 51511, 248,21411,817, 67111, 978, 72812, 674, 06713, 417, 67413, 955, 69615,144, 99514,801,13014,887, 75213,177, 48510, 281, 6768,116, 9727,694,749
Losseschargedoff onbondsand se-curities
44,35027,81961, 79076,17933, 44421,89024, 64225,30123, 78327, 57929,19143,45861, 371
119, 294201, 848236, 557241, 789
Losseschargedoff onloans
and dis-counts
33,96435,44031, 28476,210
135, 208120,438102,81495, 55293, 60586, 51292,10686, 815
103,817186,864259, 478231, 420379,294
Percentage of lossescharged off—
On bondsand
securitiesto total
bonds andsecurities
1.12.55
1.481.89.73.43.48.44.41.43.41.65.89
1.552.803.212.59
On accountloans anddiscountsto total
loans anddiscounts
0.34.32.23.63
1.201.02.86.75.70.62.61.59.70
1.422.522.854.93
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Number of national banks, capital, surplus, act addition to profits, dividends, and ratios, years ended June SO, 1914 to 1984, inclusive
[In thousands of dollars]
Year ended June 30—
1914 _ . . .191519161917 -19181919192019211922 .192319241925192619271928192919301931193219331934
Numberof banks
7,4537 5607 5717,5897 6917 7628,0198,1478,2468,2388,0858,0707,9787,7967 6917,5367,2526 8056,1504,9025 422
Capital, par value
Preferredstock
53,793412,070
Commonstock
1,063,9781,068,5771,066, 2091,081,6701,098, 2641,115, 5071, 221,4531, 273, 2371, 307,1991, 328, 7911,334,0111, 369, 3851, 412,8721, 474,1731, 593,8561, 627, 3751, 743, 9741, 687, 6631, 568, 9831,463,4121,326 722
Surplus
714,117726,620731,820765,918816,801869,457984,977
1, 026, 270]. 049. 228
]]
L, 070, 600[, 080, 578,118,953, 198,899, 256, 945, 419, 695,479 052, 591, 339,493,876, 259, 425940, 598854, 057
Net ad-dition to
profits
149, 270
Dividends
On pre-ferredstock
127,095157, 544194,321212,332 i _.240,366 _282, 083216,106183,670203,488195, 706223, 935249,167252,319270,158301,804246,26152, 541
i 139, 780i 218, 384i 303,546
2 223,430
On com-monstock
120,947113, 707114,725125,538129, 778135, 588147,793158,158165,884179,176163, 683165, 033173, 753180, 753205, 358222, 672237,029211, 301169,1552 99,12472, 418
Ratios
Divi-dends oncommonstock tocommoncapital
Percent11.3710.6310.7611.6111.8212.1512.1012.4212.6913.4812.2712.0512.3012.2612.8813.6813.5912.5210.786.775.46
Divi-dends oncommonstock tocommoncapital
and sur-plus
Percent6.806.336.386.796.786.836.706.887.047.476.786.636.656.626.817.177.116.645.984.123.32
Net addition to profits
To com-mon cap-
ital
Percent14.0311.8914.7817.9619.3321.5523.0916.9714.0515.3114.6716.3517.6317.1216.9518.5514.123.11
i 8.91i 14. 92122.88
To com-mon cap-ital andsurplus
Percent8.397.088.76
10.5211.0912.1112.789.407.798.488.119.009.549.248.969.727.381.65
1 4.9419. 08
i 13. 92
To com-mon andpreferredcapital
i 14. 39i 17.46
To com-mon andpreferredcapital
and sur-plus
i 8.89i 11.71
s
1-3
W
oo
g8oFF
* Deficit 2 Revised.
od
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REPORT OF THE COMPTROLLER OF THE CURRENCY 91
NATIONAL BANKS CLASSIFIED ACCORDING TO CAPITAL STOCK
The recapitulation following concerns tables published in the ap-pendix of this report in relation to the number of licensed nationalbanks in reserve cities and States on December 30, 1933, classifiedaccording to capital stock, with the amount of loans and discounts,including rediscounts, investments, total assets, capital stock, sur-plus, profits, and reserves for contingencies, circulation outstandingand total deposits.
National banks classified according to capital stock Dec. 30, 1933
[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
$500,000 _Capital of $500,000 but less than
$1,000,000Capital of $1,000,000 but less
than $5,000,000Capital of $5,000,000 but less
than $25,000,000Capital of $25,000,000 but less
than $50,000,000Capital of $50,000,000 or more..
Total United States
i Includes overdrafts.
Num-ber ofbanks
1,244
703
211
1611
301
41
Loansand dis-counts,includ-
ingredis-
counts l
$150,335
2,8031,143,9961,
897,067
604,680
1, 390,
1, 332, 738 1
703, 745L, 881,477 1
Invest-ments
$136,748
L, 170,378
947,864
581, 223
:, 672,244
:, 532,099
464,089L, 366,127
Totalassets
$391,996
3,001,729
2,404,975
1, 585, 372
4,280,578
3, 798,137
1, 741, 5654, 543,131
Capital
$33,260
230, 520
181,166
121,030
279, 224
246,550
99, 500397,000
5,159 8,104, 209 7,870, 772 21, 747,483 1, 588, 250 1,313,916! 778, 566 17,589,882
Surplus,profits,and re-serves
for con-tingen-
cies
$25, 250
212, 647
159,052
91,214
233,536
276,181
85, 287230,749
Circu-lationout-
stand-ing
$21,981
167,922
117,202
79,632
167, 345
123,839
12,02588,620
Totaldeposits
$307,172
2,349,595
1,916,337
1,270,311
3, 566,699
3,087,218
1,504,8563,587,694
FEDERAL RESERVE BANKS
Assets and liabilities of the 12 Federal Reserve banks combined, as of the last weeklystatement date in October, 1932-34
[Tn thousands of dollars]
Oct. 26, 1932 Oct. 25, 1933 Oct. 31, 1934
Total reservesBills discounted...Bills bought in open market-.U. S. Government securities-Other securitiesUncollected itemsAll other assets
Total..
LIABILITIES
Federal Reserve notes in circulationFederal Reserve bank notes in circulation.Deposits:
Member bank-reserve account- ---GovernmentOther -
Deferred availability itemsCapital paid in -Surplus -—All other liabilities
Total.
3,276,603322,32233, 695
1,850,9495,425
332,923118,198
5,940.115
2, 688,871
2, 411,94628, 07829,969326, 987152, 303259, 42142, 540
5,940,115
3,828, 800114, 5936, 523
2, 400,1561, 559
385,196138,061
6,874, g
2,960, 748180, 363
2,693,12127, 758167,006385, 779145, 527278, 59935, 987
6, 874,888
5,211,92010.9856,082
2, 430,171
439, 993129, 601
8, 228, 752
3,160, 77728, 664
4,005,99992, 293163,510438,939146, 777139, 22852, 565
8, 228, 752
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92 REPORT OF THE COMPTROLLER OF THE CURRENCY
Principal assets and liabilities of the 12 Federal Reserve banks combined, on the iweekly statement date in each month, from January 1932 to October 1934
[In millions of dollars]
Date
Assets
Bills and securities
Billsdis-
counted
838835633532471470525433340322309267
265327559385302191161153133115119111
83645340342721212011
Billsboughtin openmarket
16213366463864403434343533
311803101772081077724111
111622910555566
UnitedStates
Govern-mentsecuri-ties
Total i
Totalreserves
Reservenotes incircula-
tion
Liabilities
FederalFederal Reserve
bank-note
circula-tion,net
Deposits
Mem-bers'
reserveTotal
Capitaland
surplus
1932Jan. 27Feb. 24Mar. 30Apr. 27May 25June 29July 27Aug. 31Sept. 28Oct. 26Nov. 30Dec. 28
1933Jan. 25Feb. 21Mar. 29Apr. 26May 31June 28July 26Aug. 30Sept. 27Oct. 25Nov. 29Dec. 27
1934Jan. 31Feb. 28Mar. 28Apr. 25May 30June 27July 25Aug. 29Sept. 26Oct. 31
752741872
1,1911,5251,8011,8411,8521,8541,8511,8511,851
1,7631,8341,8381,8371,8901,9752,0282,1292,2742,4002,4322,432
2,4342,4322,4322,4302,4302,4302,4322,4322,4302,430
1,7881,7241,5781,7742,0402,3402,4122,3242,2322,2122,2002,157
2,0642,3462,7132,4052,2162,1772,2002,2912,4162,5232,5762,655
2,6292,5592,5142,4812,4702,4632,4592,4592,4592,453
3,2633,2153,3143,3133,1402,8522,9043,0553,1683,2773,3193,406
3,5473,3783,5733,7253,8073,8343,8183,8283,8243,8293,7783,778
3,7924,1404,5354,7634,9025,0455,1335,2405,2175,212
2,6272,6432,5462,5272,5332,7562,8342,8142,7212,6892,6922,735
2,7063,0003,7483,4243,2033,0613,0042,9742,9732,9613,0303,081
2,9262,9802,9973,0303,0523,0563,0603,1033,1353,161
143796120123131146180205210
20319512378604634323029
1,9451,8781,9112,1142,2142,0342,0722,146
2,4122,4112,482
2,5132,2711,9872,1362,1672,2862,3062,4272,5962,6932,5732,675
2,6523,0933,4393,7443,7633,8374,0204,1273,9704,006
2,0991,9732,0192,2342,3212,1072,1652,2412,3532,4702,4842,563
2,5872,3992,2032,3452,3942,5102,5742,0972,808
2,7962,829
3,0353,2653,6573,9294,0484,1964,2884,3614,3104,262
419417415415414414413413412412411411
430429428429429425425425424424424423
284284284285285286286285285286
i Includes (in addition to bills discounted and bought and United States securities) industrial advances,municipal warrants, Federal intermediate credit bank debentures, land bank bonds, and foreign loanson gold.
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REPORT OF THE COMPTROLLER OF THE CURRENCY 93
NEW YORK CLEARING HOUSE
The figures compiled and furnished by the manager of the NewYork Clearing House Association for the year ended September 30,1934, disclose there were 21 banks comprising the New York ClearingHouse Association with capital of $614,955,000.
Clearings amounted to $162,725,332,613, an increase in the year of$8,153,510,240, and balances reported aggregating $21,306,663,035showed a reduction in the year of $2,609,476,948. The average dailyclearings amounted to $538,825,604 and the average daily balances$70,551,864. The percentage of balances to clearings was 13.09.
CLEARING-HOUSE ASSOCIATIONS IN THE 12 FEDERAL RESERVEBANK CITIES AND ELSEWHERE
Clearing-house transactions in the 12 Federal Reserve bank citiesduring the year ended September 30, 1934, aggregated $219,711,156,-000, an increase in the year of $14,191,930,000. The ratio of bankclearings in the 12 Federal Reserve bank cities was 81.54 percent ofthe total clearings of all banks in 267 reporting cities in the UnitedStates, in comparison with a ratio of 83.11 percent reported for theyear previous.
Clearings of banks in 14 other principal cities, each of which hadclearings in excess of $1,000,000,000, amounted to $27,636,330,000 andshowed an increase of $4,956,673,000 over clearings reported for thesame cities in the preceding year. The total clearings of the 267 citiesreporting to the New York Clearing House Association in the currentyear aggregated $269,440,533,000, as compared with $247,292,090,000reported by these cities in the preceding year.
Tables showing the following information are published in theappendix of this report: Statement showing the total of transactionsof the New York Clearing House from 1854 to 1913, and annuallysince 1914; comparative statement of transactions of the New YorkClearing House in years ended September 30, 1934 and 1933; ex-changes, balances, and percentages of balances to exchanges, etc., bythe New York Clearing House, annually since 1914; comparativestatement of the exchanges of clearing houses of the United States bycities for years ended September 30, 1934 and 1933; and comparativestatement of transactions of clearing-house associations in the 12Federal Reserve bank cities and elsewhere in years ended September30, 1934 and 1933.
ALL REPORTING BANKS IN THE UNITED STATES AND POSSESSIONS
The statement following shows a summary of reports of conditionof all reporting licensed banks in the United States and possessions,by classes, on June 30, 1934:
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Summary of reports of condition of all active banks in the United States and possessions, by classesy at the close of business June80, 1984 l
[In thousands of dollars]
Total allbanks
Nationalbanks
All banksother thannational
Banks other than national, by classes
State(commer-
cial)
Loan andtrust
companiesStock
savingsMutualsavings Private
go
woo
g
wQ
d
3Q
Number of banks
ASSETS
Loans and discounts (including rediscounts):Real estate loans, mortgages, deeds of trust, and other liens on real estate:
On farmland-- _On other real estate
Loans secured by U. S. Government and other bonds, stocks, and securities(exclusive of loans to banks)
Loans to banks..- _Commercial paper bought in open market; acceptances payable in United States;
and notes, bills, and acceptances payable in foreign countries. _All other loans
Total
Overdrafts
Investments:U. S. Government securities..Obligations of—
Reconstruction Finance CorporationFederal Farm Mortgage CorporationHome Owners' Loan CorporationFederal land and intermediate credit banksStates, counties, districts, political subdivisions, and municipalitiesTerritorial and insular possessions of the United StatesJoint-stock land banks
Bonds, notes, and debentures (not including stock) of railroads, public utilities,real estate, and other domestic corporations
Stock of Federal Reserve bank and other domestic corporationsForeign government bonds and other foreign securities
Total
15,894 5,422 10,472 8,348 316 578
713,9548,445,913
5,222,757163,851
632,1166,239,333
232,7361,098,014
2,594,386104,057
236, 7493,428,807
481, 2187,347,899
2,628,37159,794
395,3672,810, 526
246,829644,342
615,31916,673
81,5341,320,133
87,379979,121
1,896,44342,567
297,9031,322,340
55,414280,401
13,552113
2,84544, 764
88,7815,439,753
35,810136
28582,543
21,417,924 13,723,175
13,229
10,995,673
235,89763,326
368,371292,012
3,325,06525,72637,046
4,753,325770,450422,603
10,235
2,924,830
2,428
4,625,753
3,495
397,089 5,647,308
5,645,741 5,349,932
175,97033,671148,270184,312
1,212,39716,02123,620
1,478,692231,958197,901
59,92729, 655220,101107,700
2,112, 6689,70513,426
3,274,633538,492224,702
1,049,573
5,36519,93676,02837,931
485,5406,6337,910
463,10677,29955, 669
2,964,969
54,5516,939
69,21255,175
564,9272,9994,022
702,983270,54690,328
162,037 991,998
1,4326,1441,213
130,243
236
49,4041,5081,124
1,15568,11513,126
914,31360
1,168
2,047,417147,34971,961
21,289,494 9,348,553 11,940,941 2,284,990 4,786,651 353,341 4,256, 662
2,8154,282
67,247305
12,80040,746
128,195
4,287
181,355
11193602255
17,6451390
11,72341,7905,620
259,297
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Banking house, furniture and fixtures _Real estate owned other than banking houseCash in vaultReserve with Federal Reserve banks or other reserve agents _.Other amounts due from banks _ 1Exchanges for clearing house and other checks on local banks ._Outside checks and other cash itemsOther assets (including securities borrowed, acceptances of other banks and bills of
exchange or drafts sold with endorsement, and customers' liability on account ofacceptances)
Total assets ._• :
LIABILITIES
Demand deposits, except U. S. Government deposits and amounts "due to banks"subject to immediate withdrawal:
Deposits subject to check (except those of other banks, the U. S. Government,and States, counties, and municipalities)
Certificates of deposit (other than for money borrowed)Public funds of States, counties, school districts, or other subdivisions or mu-
nicipalitiesDeposits of other banks and trust companies (payable within 30 days but not
subject to immediate withdrawal)Other demand deposits
1,284,375845,136713,968
4,503, 7684,373,178
540,91083, 925
1, 094,018
56,159,925
14,870,376155, 794
2, 006, 715
66, 438486,152
Total — 17,585,475
Time deposits (including postal savings):Deposits the payment of which has been deferred beyond the time originally
contemplated, either by agreement with depositors or otherwisePublic funds of States, counties, school districts, or other subdividions or mu-
nicipalities _Deposits of other banks and trust companies..Other time deposits:
Deposits evidenced by savings pass books _Certificates of deposit (other than for money borrowed)Christmas savings and similar accounts,,Open accounts - ._;
Postal savings deposits -
54,551
372, 521111, 507
19,083,5121, 513, 595
75, 683669, 944671,017
655,819151,970352,402
2,497,4002, 535, 218
263, 02348,922
350, 542
23,901,592
7,810,08378, 597
1, 224,264
15,085152,900
9,280,929
Total 22,552,330
United States deposits (exclusive of pos-tal savings)Due to banks and trust companies (subject to immediate withdrawal)Certified and cashiers' checks (including dividend checks) and letters of credit and
travelers' checks sold for cash and outstandingDeposits not classified - *_.
1, 736, 6834, 371, 660
353,11225, 781
10,640
274, 74999,972
5,074,147678, 49837,053
275,287440, 782
6,891,128
889, 6782, 684, 015
186,910
Total deposits - I 46,625,041 I 19,932,660
628,556693,166361,566
2,006,3681,837,960
277,88735,003
743, 476
32, 258,333
7,060,29377,197
782,451
51,353333, 252
8,304,546
43,911
97, 77211, 535
14,009,365835,097
38, 630394, 657230, 235
216, 534127,955177,691612,635726, 64055,99522,997
146, 644
7, 299,339
2,344,339
460,041
1,12856, 758
2,897,956
30, 432
37, 560652
1,612,311579,808
10, 72718, 092
110,448
15, 661,202 I 2,400, 030
847,0051, 687, 645
166,20225,781
26, 692, 381
169,616356,771
50, 2321,355
5,875,960
246,969156,855118,641
1,228,159633,810218,566
10,161
426,244
18,83324,7989,586
54,85941,5851,489
3,458
12,455,304 ! 905,950
4,470,00339,024
300,989
56,6121,145
17,467
6,637270,677 938
5,087,330 I 76,162
13,131
30,1039,601
1,955,286219,435
15,079312, 063 :112,452
29,72547
668,58725,674
724537
7,302
2, 667,150
666,7731,283,093
114,90124, 353
732, 596
10,5994,874
770
9,843,600 j 825,001
138,021378, 76253,33261,428
397,3711,577
662
129,943
11,065,068
2,407
119
292109
9, 764,052544
12,08828733
9, 777, 405
132
8,1994,7962,316
49,28738, 554
260294
37,187
532, 672
186,9321,338
3,835
43, 5884,879
2,526 240,572
348
921,126
9,1299,636
1263, 678
84,021
1742, 775
28155
367,721
i Revised since published in text edition of the report due to the fact that amended figures were subsequently obtained for private banks in the State of New York.COOr
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Summary of reports of condition of all active banks in the United States and possessionsf by classes, at the close of business June80, 1934—Continued
fin thousands of dollars]
CO
Total allbanks
Nationalbanks
All banksother thannational
Banks other than national, by classes
State(commer-
cial)
Loan andtrust
companiesStock
savingsMutual Private
OWH
O
H
aOO
LI A BILITIES—continuedNational-bank circulation.__ .__Bills payable _Rediscounts _Agreements to repurchase U. S. Government and other securities soldAcceptances executed for customers and to furnish dollar exchange, less own accept-
ances purchased or discounted _Interest, taxes, and other expenses accrued and unpaid _ _Other liabilities (including securities borrowed and acceptances of other banks and
bills of exchange or drafts sold with endorsement)Capital stock, capital notes and debentures:
Capital notes and debenturesPreferred stock... _Common stock* _ "_-_- _
Surplus.._ . _.Undivided profits—netReserves for contingenciesPreferred stock retirement fund
181,8236,22714,928
73,906
410,258
322,461541, 273
2,695,0523,174, 691643,442475,181
650
698,29313,6722,0074,399
133,22141, 741
74, 566
168,1514,22010,529
163, 47832,165
412,0701,325,75L.854,057257,311151, 267
571
322,461129, 203
1,369,2952, 320, 634386,131323,914
79
93,6381,1549,944
25,9406,252
139,330
131, 25652,413536,073252, 22487,24087,871
44
54,3103,019585
108,19523, 587
175,101
161,15561, 527748,352926,422146,950202,467
34
4315
368
757
1,35015, 26329,26319, 2555,1099,147
1
1,648
13,752
28,700
1,073,097144,35317,050
Total liabilities 56,159,925 23,901,592 32,258,333 7, 299, 339 12, 455,304 905,950 11,065, 068
13,40342
29,343310
6,752
55,60749,6362,4797,379
532,672 wa
2 The common capital stock reported for banks other than national represents the par value of such stock. In the case of national banks, however, the common capital shownrepresents the net book value. The par value of common capital stock of national banks on June 30, 1934, aggregated $1,326,722,000.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
The table following shows the approximate population of each State, number of active banks, assets andliabilities, a classification of loans and discounts, investments, cash and demand and time deposits, June 30, 1934:
Assets and liabilities of all active banks in the United States, Alaska, and insular possessions, June 1934 (includes national, State(commercial) banks, loan and trust companies, savings and private banks) l
Location
MaineNew Hampshire.VermontMassachusetts...Ehode IslandConnecticut
Total New-States
England
New York . . . ,N*»w JerseyPennsylvaniaDelawareMaryland _District of Columbia.
Population(approxi-
mate)
804,000470,000361,000
4,335,000705,000
1, 655,000
8,330,000
13, 059,0004, 231,0009,826,000242,000
1, 671,000497,000
Total Eastern States.—! 29,526,000
Virginia. _ i 2,446,000West Virginia.. _..| 1,786,000North CarolinaSouth Carolina—GeorgiaFlorida..."AlabamaMississippi—LouisianaTexas
Num-ber of
10211395
40935
201
Assets (in thousands of dollars)i\ L
Loans anddiscounts(including
redis-counts)
118,615111,47099,395
2,000,381202,837652,762
3,185,460
4231,111
4919221
2,718
181214126322155217214147957
7,981, 457863, 762
1, 695, 30777, 257217,55288,657
10,923,992
246, 763125,55796,83329,071155,33745,15294,99953,499116,868367, 724
Over-drafts
28717100722
181
6,0346444785133
6,637
4014361627
Invest-ments
167,128154,38975, 575
1,450,545253, 551420,011
2, 521,199
7, 415, 471774, 589
2, 378, 67768, 795
373,613103, 375
11,114, 520
141,25179,49391,19533,50099, 975124, 60672, 76452,091107,057373,157
Bankinghouse,
furnitureand
fixtures
3,7994,3033,590
68,3494,894
31,941
118,876
324, 84278,449
162,9764,428
17,49615, 719
603,910
3, 301,0001, 750,0002,911,0001,575,0002, 710,0002,057,000 214 53J499 3562,166,000 147 116,868 1396,073,000
Revised since published in text edition of the report due to the fact that amended figures were subsequently obtained for private banks in the State of New York.
15.06710,02510,1082,27014, 7698,9137,2874,32710, 34438,921
Realestateownedotherthan
bankinghouse
3,0605,285
16, 506112,540
3,38834,855
175, 634
243, 56656, 926100, 5812,7616,4895,314
Cashin vault
Reservewith Fed-
eral Reservebanks orother re-
serveagents
5,3242,6352,347
58,6547,562
14,601
91,123
133, 64629,03463,3481,6709,7017,828
10,8754,0962,608
245,31635,47748,939
347,311
1, 662, 06189,354
397, 5419,281
74,58529, 342
415, 637 | 245, 227 j 2, 262,164
8.5647,6083,7562,1468,1532,6516,9562,9333,651
14, 798
9,3768,0366,8833,6756,7566,1785,0803,7825,297
20, 306
21, 5069,81154, 6978.153
35, 31412,85614,7674,52023, 762144,138
Otheramountsdue from
banks
27,59912, 72513,395
226,14319, 49576,910
376,267
697,878141, 583362, 25113,10560,63724, 983
Exchangesfor clear-ing houseand otherchecks on
localbanks
Outsidechecks
andothercashitems
293225103
11,2101,5583,324
16, 713
326,1927,14233,176
4623,8894,866
1,300,437 j 375,727
72,81939,96615, 76525, 63849, 54048, 773"38V 52131,67553,864229,049
2,394836
2,872468
1,877
829443
4,1736,040
274290194
2,51975649
4,001
9,3611,7445,170
49467518
17,309
Other
1,337758
1, 63143,5302,6675,176
55,099
659,23327,16173,310
5595,1041,350
766,717
2,512192519301805655
1641,0212,599
5,8521,7472,1552,0222,4042,3273,3322,4213,1889,617
Totalassets
338,332296,183215,361
4, 219, 287531, 511
1, 289,190
6,889,864
19,459,7412,069,8085, 272, 784
178, 375769,584281,985
28,032, 277
526,172283,311284, 797107, 280375, 092253,106245,858156, 2.11329,364
1, 207, 233
Wwoo
g
oFF
W
o
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Assets and liabilities of all active banks in the United States, Alaska, and insular possessions, June 1984 (includes national, State(commercial) banks, loan and trust companies, savings and private banks)—Continued 00
LocationPopulation(approxi-
mate)
Num-ber ofbanks
Assets (in thousands of dollars)
Loans anddiscounts(including
redis-counts)
Over-drafts
Invest-ments
Bankinghouse,
furnitureand
fixtures
Realestateownedotherthan
bankinghouse
Cashin vault
Reservewith Fed-
other re-serveagents
Otherdue from
banks
Exchangesfor clear-ing houseand otherchecks on
localbanks
Outsidichecks
andothercashitems
1347 259
2,555 5081, 740 2,155
Otherassets
Totalassets
Arkansas...Kentucky..Tennessee..
1, 876,0002,657,0002, 676,000
230444329
47,125191, 785159,024
76126166
Total Southern States.. | 33,984,000
Ohio. .IndianaIllinoisMichigan..Wisconsin ~Minnesota.IowaMissouri. . .
Total Middle WesternStates
North Dako ta -South Dakota...NebraskaKansasMontanaWyoming-ColoradoNew MexicoOklahoma
Total Western States. _
Washington-OregonCaliforniaIdaho
3,864 j 1,729,737 2,151
6, 836,0003,304,0007,876,0005,093,0003,005,0002, 602,0002, 485,0003, 678,000
687520878435607691622702
I34, 879,000
705,0001,395, 0001,905,0002 537,606232,000
1,056,000437,000
2,475,000
9,430,606
1,608,000990,000
6,158,000448,000
5,142
2112124357521256316243417
2,420
202105
64
759, 297213, 530859,314298, 236273,281271,635154,474348,669
16048273748411973174
3,178,436
25, 77928,94382,691125,57227,17520,21960, 3129,55197,126
1,005
5711730234910100
477,368 445
129,70154,241
1, 512, 77515, 284
774289736
42, 833137,373117,305
3,33610, 27313, 650
2,2446,5848,719
2,5967,2466,878
22, 42113,61016,486
13, 61257, 24374, 781
1,472,600
673, 705209,164
1,213,735389,092277,652353, 797164, 543476, 957
3,758,645
149, 290
64, 24622,02653,91426, 75023,06318, 6309,753
20, 826
239, 208
28,33731,465110,408108,50448,44514,563111, 06411,872136,557
601, 215
2,9733,3028,36712, 2963,8721,5695,3221,27911,409
50,389
179, 793114,303
1,353,93326,388
9,9506,776
96,7381,991
78, 763
28,5068,70319,18812, 2075,849
2,08713,250
92,089 j
37, 73316, 56360,83922,45813,1229,20110,13713, 276
93, 773 183,329
1,111852940
4,011633300
1,445309
10,570
2,1971,12358,306
275
1,2681,4024,2205,5272,4281,5156,1321,0844,578
28,154
6,7744,48531,7222,117
382,041 751,546
166, 55733,141432,454121, 43790, 27045, 95024, 76690,171
147,858112,442404,11995,93053,735134, 26398, 754229,116
25, 562 12, 636
1,36110,39715,168
136, 210437, 700416,072
61,991 4, 758,406
12, 7541,
9,4163,1847,9812,2269,405
1,004, 746 1, 276, 217
7,2733,68229,14221, 56519, 7864,14232,7823,10741,820
7,82515,81477,174104, 49911,55410, 01650, 7437,96471,484
163, 299
41,90816,730
264,1892,139
357,073
38,42626,931168,93614,648
77,835
213278
2,0381,255268128
1,991129
1,844
8,144
2,8761,766
29,27176
4,339
3,8885,8101,8623,2251,3871,410
16,1543,527
21, 6255,9509,5971,819
11, 521
1,911, 309623,919
3,121,6111,003,035748,052858,381470, 019
1,214,775
24,815 113,092 9,951,101
164186790
1,18717166
1,11173
1,038
872839
1,3072,361923203
1,537247
2,062
75,83686,801317,134386,894115, 28552, 744272,48835,625
4,786
1,069641
15,613236
10,351
6,1912,40548,586
631
1, 711, 794
418,962229,443
3,580,96663,821
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
UtahNevada .__Arizona
Total Pacific States
AlaskaThe Territory of Hawaii.Puerto RicoPhilippines
Total possessions
Total United Statesand possessions
2 Population Apr. 1, 1930.
520,00094,000
457,000
10,275,000
61,000415,000
1,645,10012,927,400
15,048, 500
141,473,106
601017
741
15141411
54
15,894
40,4033,594
14,969
1,770,967
3 90647,17835,59565, 285
151,964
21,417,924
845
17
1,158
151,369
268
1,652
13,229
49,8639,368
22,490
1,756,138
5 30833,957
2,17723, 735
65,177
21, 289,494
2,027452
1,755
119, 689
2902,620
8651,238
5,013
1, 284, 375
1,31257
1,435
64, 705
1201,3241,0723,538
6,054
845,136
1,323461
1,709
48, 591
1,0334,9474,224
15, 251
25,455
713, 968
7,1681,1768,848
342,158
124
1,925
2,049
4, 503, 768
18,3513,0235,390
275, 705
2,29312,1392,698
18, 803
35,933
4, 373,178
8365
334
35,164
13509918325
1,765
540, 910
6724730
18,308
16144
1,036829
2,070
83,925
1,311181291
59, 596
202,1579,597
15,398
27,172
1,094,018
123,35018,36957,268
4,492,179
13,159 . ,106,368 S58,450 E
146,327 Q
324,304 H
O56,159,925 ^
rHE
C
OM
PTR
OL
HW
od
3O
CD
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Assets and liabilities of all active banks in the United States, Alaska, and insular possessions, June 1934 (includes national, State(commercial) banks, loan and trust companies, savings and private banks)—Continued
Location
Maine.. _New HampshireVermontMassachusettsRhode IslandConnecticut..
Total New Eng-land States
New YorkNew JerseyPennsylvaniaDelaware-MarylandDistrict of Columbia...
Total EasternStates _..
VirginiaWest VirginiaNorth Carolina _.South CarolinaGeorgiaFloridaAlabama _MississippiLouisianaTexasArkansas
Liabilities (in thousands of dollars)
51,999 230,11730, 533 216,18019,060 147,945
818,304! 2,530,74192, 712 342, 639
202,962 871, 614
1,215,570
6,020, 676502,285
.1,457,13161, 720
189,498119,843
155,984104,234122,17951, 326131,418115,41286,76464,052124,760563,55957,486
4,339, 236
7,110,7851,131, f"2,198, 338
65,146389,31493,094
8,351,153 10,988,346 1,081,171 2,383,356
215,407109, 70075,17126,197104,12961,01773,59353,51990,177187,10739,607
1,622829446
116,4884,58211,228
135,195
880, 954 131, 721128,2502,705
34, 2343,307
7,0311,7943,1791,65119,67311,0708,2611,16617,60777,3381,149
5,8355,2061,274
202,73110, 48423,343
503485367
8,168544
1,940
248,873! 12,007
, 893,539 167,090 10, 336 16,29,2991 5,066 "391,674 ~"1,879'3,70518, 260
39,6629,02634,5319,34243,79922,29114,0884,21441,197131,5258,082
18,453314
1,1551,629
177
1,847
"729
2,317686
3,621350955
1,536529484
1,97615,161
587
290, 076253,233169,092
3,676,432450,961
1, 111, 264
5,951,058 48,029
|
4,4034,8913,97119, 2176,1439,404
J, 083, 380 54,124l,709,887| 27,6234,193,846
131, 764663, 635236,133
193,707 20,912 23,018,645 188,110
420,401225, 440238, 681
299,974211,326183,235123,435275, 717974,690106,911
97,4641,2034,8442,852
18,8259,3144,0642,33211,1598,16811, 3552,3318,59743,2633,606
PQ
2,013!456
1,6043,217
109,..I 3,465
3,809
11,099 19
23,885!18,406!13,498
1871,030100
57,106
1,85390010417
1,321188440
1,904821
4,3203,377
871387
1,1005774134
2,623
461394838535523810
4033
3,465
1!o
§ 193
14, 708
14, 768
11 244,536 556
I "•231
50|.
3782
478252
15253282
3,8483,f744
9,042
276 21,9214,2853,971264600710
568 257,044 31, 751 188, 376 1, 562, 581
1,22323646865
459758476292715
1,48081
230;62;
362'8, 4741,2582,948
13,334
88,030 115,21682, 372
7201,145893
16, 4317,407
22, 841148,27219,47545, 331
259, 757
, 036, 565 1140,646312, 77613, 23837, 52121,835
7,179203
1,223£, uyu1,020638
1,4094,8451,5421,651191
49,17329.31222, 3938,32336,196-22,16931,85517, 31726,655112,18114,335
I15, 44519,8843,38096235
9,1399,4661,955
o aSB
£
£04
196,235114,893 30,47543,836 5,610 18577,450 28,680 9,555
356,230169,743 53,199
588,902 129,902; 187,858101,102449,43723,05337,19913,175
19,36612,1149,6052,61914,615-7,-08510,8444,1438,67447, 7914,193
11,8
436709|
19,486! 31, e81, 4373,99115,8684,412
2,212,868 255,096 257,385
5,9423,3093,3511,6875,2992,1672,4261,2773,52516, 4652,336
24,8593,8987,3901,720
2,1082,3444,847
6724,903
5713,376
6272,5934,6141,177
7122651205
121
161843
" 4 7
124
6
91
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
KentuckyTennessee
Total SouthernM States
§ Ohio® Indianaf Illinois1 Michigano? Wisconsinf MinnesotaI Iowa.JP Missouri
Total MiddleWestern States.
North Dakota _South DakotaNebraskaKansasMontanaWyomingColoradoNew Mexico.Oklahoma
Total WesternStates
WashingtonOregonCaliforniaIdahoUtahNevadaArizona _
Total PacificStates
Alaska _The Territory of Hawaii.Puerto Rico . . _Philippines
Total possessions.
Total U n i t e dStates and pos-sessions
146,742139,542
1,863,458
630,508256,638
1,466,143387,980243,641279,816217,383591,850
4,073,959
26,33638,487
143,154201,12449,58922,547
120,62721,381
187,097
810,342
147,97689, 718
834,88133,83739,6959,546
28,839
1,184,492
4,98729,64113,97737,896
86,501
17, 585,475
133,295127,760
1,296,679
816,930210,132662,315357,750302, 766341,683144,013256,688
3,092,277
30,62327,30168,98980,20741,35318,70087,022
7,59382, 780
444,568
156,84890,120
1,929,28018,19850,8136,580
19,469
2,271,308
5,42247,24516,17751,072
119,916
22, 552,330
12,21015,051
177,180
46,03510,87559,47521,79219,43611,3475,540
40,578
215,078
915824
4,4596,932
385100
1,476233
6,286
21,610
9,2421,664
91,042439
1,28660
157
103,890
4922,008
59
2,559
1,736,683
30,12237,496
425,375
88,01938,134
428,18550,89544,45594,78736,598
125,794
906,867
1,9913,054
55,46132,5454,8752,496
24,4061,049
31,792
157,669
35,65915,392
171,9391,7759,997
831,432
236,277
1571,7375,2216,128
13,243
4, 371,660
5,2661,381
34,849
10,4751,632
20,7076,6364,209
11,2682,728
12,820
70,475
494632
2,1232,379
925240
2,118254
3,858
13,023
1,6531,201
22,469388693268520
27,192
85482558734
1,859
353,112
4,216
4,216
208
208
512
251
268
25, 781
327,635321,230
3, 797,541
1,591,967517,411
2.636,825825,053618,723738,901406, 262
1,027, 730
8,362,872
60,35970,298
274,186323,18797,12744,083
235,64930,510
311,813
1,447, 212
351,378198,095
3,049,61154,637
102,69216, 53750, 417
3,823,367
11,14381,11836,00496,081
224, 346
46,625,041
10, 50716,181
149, 702
36,01614,61321,82810,05422,20922,9516,8877,933
142,491
2,1711,4817,7059,7532,0611,3527,5171,204
10,053
43, 297
16,0898,738
93,3081,2992,456
417854
123,161
1753,328
3,503
698, 293
1,0806,654
22, 979
781630
61,1113,4421,943
135936
13,047
82,025
238242
116947472
5111070
1,922
48250
4,5225
118
4,943
371,452
24236
1,749
181,823
941
135190
29515
5
442
635515
1,777
?18
158
2,097
92472
105
6,227
9,687170
9,988
682
9
182
28
901
. . . . . .
„
6
6
14,928
464
1,635
218
9,63811
148178
487
10,680
2
2
18564
11,812
286
12,347
201
22
223
296,699
279222
6,754
1,732401
7,9094,4861,0791,972
234665
18,478
196160259176166
7827
8193
1,992
230237
4,0458
2483946
4,853
271179586
1,036
73,906
22,65918,076
63,332
7,3502,372
19,95732,209
8771,036
40811, 533
75,742
109165172965
2467
1816
431
2,120
2,133555
23,5007
259
98
26, 552
36015,79824, 644
40,802
410,258
39,29736,279
445,485
186,34054,822
237,36186,16869,41361,33636,720
102,709
834,869
9,30710, 65223,84832,2009,9284,171
15,7262,700
31, 503
140,035
30,27712,587
223,6925,100
11,796745
3,800
287,997
92810,3054,598
12,231
28,062
3,558, 786
19,23412,856
173,139
56,82822,12064,01422,88420,16020,52411,23530,058
247,823
2,5032,0586,285
12, 7993,5852,0397,949
9358,292
46,445
11,6416,477
100, 5051,0663,204
3001,517
124,710
4425,936
5966,502
13,476
3,174,691
4,5023,338
55,624
16, 5297,818
24,0279,8837,6526,7444,260
14, 575
91,488
5501,2742,9684,6841,165
7263,671
2204,121
19,379
4,8951,801
40,707699
1,675282401
50,460
342521285504
1,652
643,442
2,765570
31,167
12,7313,519
38,9228,6995,8334,4203,0726,010
83,206
340416
1,679657
1,15520441532
2,347
7,245
2,076614
29,10897257649
135
33, 530
922,876
9605,521
9,449
475,181
8
119
231742
2
84
42
234
6
48
11
842840
154
650
i Includes preferred stock where authorized, and capital notes and debentures (see classification on pp. 104,105).
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Assets and liabilities of all active banks in the United States} Alaska, and insular possessions, June 1934 (includes national, State (commercial)banks, loan and trust companies, savings and private banks)—Continued
[In thousands of dollars]
Location
MaineNew HampshireVermontMassachusetts _Rhode IslandConnecticut _.
Total New England States.
New YorkNew JerseyPennsylvania _Delaware _Maryland __District of Columbia -
Total Eastern States
VirginiaWest VirginiaNorth Carolina.. _South CarolinaGeorgiaFlorida.Alabama.Mississippi _Louisiana _ _Texas
Loans and discounts
Real estate loans,mortgages, deeds
of trust, andother liens on
real estate
Onfarmland
On otherreal
estate
5,0604,837
29, 2721,4252,1799,285
46,89769,15035,074
L, 322,783121,337446,784
52,058 2,042,025
Loanson se-
curities(exclu-sive of
loans tobanks)
23,55818,73412,955
245,69136,99098,778
436,706
43, 7663. 753,202 2,280,10245,87016,072|3,42010,478
46
356, 7111456,83525,82791,11223, 576
119,652;4,707, 263 3,164,397
15,012 37,9324,879 27,4015,5361,535
170,644602,26229,56749,15732,665
11,477. , 2,8736, 773 16,8361,863 " "oo!
5,19614,3169,083
6,867,283[
22,638i
10,39516,36631,709
56, 71935,18819, 7854,512
44,13712,85215,7906,756
23,97874,661
Loansto
Com-mercialpaper
boughtin openmarket,
accept-
All otherloans
etc.,payable
35520
3,52678
156
4,135
70,7515,697
16,216158643
93,473
2,102867680310372
It'1,172245
1,9032,030
1,712721183
41,7579,2207,871
61,464
374,077 14,10310,6952,860990
1,411
4,5902,4561,241457972
2,8005,422
53,2285,962
41,03318,00821,911
385,19933,033
589,072
L, 459, 559280, 737593,22715,42565,17230,951
394,136 2,445,071
130,40854, 76658,11419,38486,24718, 66058,47321,78262,310
230, 724
Investments
U.S .Govern-
mentsecurities
52,66129,78614,220
97, 762118,059
911,426
Obligations of—
Recon-struc-tionFi-
nanceCor-pora-tion
5,680,140'151,853
78,37243,08942,64014,§3765, 762
_84,33836,63013,60460,281
248,555]
151
!Fed-eral
FarmMort-gageCor-pora-tion
26216
2431,231192365
2,309
7,844968
2,32ll
HomeOwn-ers'
LoanCor-pora-tion
2,3782,7194,09421,0035,815;
Federalland
and in-termi-diatecreditbanks <
States,counties,districts,politicalsubdi-visions
andmunici-palities *
312,724
81815, 777
654,177| 1,950
40,186; 21,651
20,649 6,37219,09621,687i
if 386
572564
1,925
11, 7767,3073,835
138, 095V "'
31, 356
Terri-torial
and in-sular
posses-sionsof the
UnitedStates
527950
95638
199,464 1,181
90,939 66,384 1,276,3451 902---•-' 140,1531 289
243,978 2, 7366,828 7020,610 1613,447 40
,691,36l| 4,198
20,88510, 482|37,35012,902|9,799
18,67018,29031,41423,85461,988
200413193
304153123501630490
Jointstockland
banks
202258
37
Bonds,notes,and
deben-tures of
rail-roads,etc.*
Stock ofFederalReserve
bankand
otherdomes-tic cor-pora-tions
82,21787,73342,598586,78091,269181,451
8951,072,048
9961,473,843990 275,235
773,99034, 618
134,53213,545
2,8536
22222
5,089 2,705,763
17762
1,27177112455526018
2,929
20,62713,4582,2972,76310,24710,1329,4672,8505,667
21,256
8,70119,8974,51668,12248, 47240,316
190,024
392,460
9,9716,6201,788853
3,7902,2832,001638
5,73822,164
Foreigngovern-mentbondsand
otherforeignsecuri-
ties
8,5623,8705,201
19,2452,843
42, 294
82,015
108,12615, 69182,8912,5004,344
935
214,487
1,9241,479
202434
2,0851,1391,756
362955
1,755
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
ArkansasKentuckyTennessee
Total Southern StatesOhio...Indiana _Illinois ...Michigan .._Wisconsin . . .MinnesotaIowaMissouri
Total MiddleStates
Western
North Dakota-South Dakota.NebraskaKansasMontanaWyomingColoradoNew Mexico....Oklahoma
Total Western StatesWashington.-.Oregon..CaliforniaIdaho _UtahNevada _.Arizona
Total Pacific StatesAlaskaThe Territory of HawaiiPuerto Rico .-Philippines
Total possessionsTotal United States and
5,52129, Oil12,484
133,84738,11726,86126,08423, 42225, 50126, 79831, 51422, 571
6,60635,41915,817
229,060270,6456,19967, 790102,66942,01925,00419, 66051, 555
220,868 635, 543
3,4712,6495,73611,3622,5291.9273,683935
4,257
36, 54910.3513,138
122, 5001,8663,849283
1.102
143. 089
793,0844,728
7,891
1,8891,1,912
10,4071,2121,3,716
5,374
28, 44236, 4346,897
711,759841
11,189946
4,158
5,30637,66633, 632
370, 982206, 22139,328328.07582,52874,47448, 02614,63783,009
876. 2981,4641,983
10,9929,8634,4861,879
16, 529507
15,443
63,14619, 26610,375
246,8901,-"""7,863660
4,716772, 224 291, 2501,12019,9241, 326!
31,3J
1517,956
5531,454
377846
2,077
14,6756,6322,06917,6232,6421,160926855
1,570
33,47721186836
1,232329
10712
11,391
13,82646178
2,25796162
35
1,3404,7362,119
27,97584,10792,895
35,328j 945,8452,5804,05951.3217,2383,8425,7749,90312, 516
97,233 1,315,017812826
4,4228,7391,177
65891149
1,005
18,0S62, 784519
16,158307|715
235,10085,014368,42179, 737
126, 285165.10777, 905177, 448
22,01872, 06662,322
844, 514 211370,434110, 570754,639! 76,700253, 619148, 662193, 37391, 590295, 748
101406
i, 110
2,218,635! 83,319
18,12221, 33158, 79383, 96917, 739i15,07335,4047,23259.656
317.319
483
60,82033.134
413.21110, 69416,6251,7054,475
2, 774) 20, 966| 540. 664
19,978
282109
1,100
30| 2,741244! 8,693
1, 4271 29, 0963. 202! 45,815
1. 4911 4. 903' 86. 345
13,84510, 74475,31851, 72723,0007,747
75. 2955, 74556,824
!0, 245107,33874,001
765, 27314, 28325,8826,01911,163
1,003.9592,40013.183
293878
16,754
713,954 8,445,913i5,222,757 163,851 632.116 6,239,333 10,995, 673 235, 897
502
12
3441,308495
8,6572,6901,8043,0442,0634,2923, 0692,7511,849
21, 56261408
1, 6012,8262929945145620
6. 959, 845416
10, 247413305243
12, 253
2,092 2, 5898,012 3, 9633,558 2, 505
44,33531, 54818,1117,27011,9048, 7039,1575,29410,422
102,4091,052972
.1, 8702,3601,154636
1,194293
1, 365
37,88921,1297,8,7,9241,2797,7844,3U20,029
79,095612
1,7714,4925,6281,542854
2.6282,1362,866
10,896} 22.5294,0094,159
20, 779362
1,270204722
31, 5055
300
305
63, 326 368, 371
2,811365
5,677579241211
1,047
10.931
174
895
9, 529,13, 04033,137
57916223
301, 340| 3,771
3336230
5,899
4,42732,3158,256
143, 76282, 41212,082
161, 59242, 73120,19'70,08332,09060,594
481, 7815,689
11, 52613, 62341,6349,6133,162
14. 7552,622
64, 652
167, 27637, 20221, 741
386,8186,:9,6502,2506.226
470. 767497
6, 24536
l,069| 13,076
292,012 3,325,065
2,0172,4312,101377266473367
1.324
9,356
96115180263151129147100
1,294
2,47528920
1,9033204815172
2,767
1,065569344
1.978
25, 726
1,6732,2201,355461321447588
1,205
8,270156536267178327230334
2,460303553
11,853152741148
12, 994114681
644
1,439
127, 95443, 585150, 78160,38481,49256,98522.83049,603
593.614
5,1334,675
10.4511,9979,3391,375
13,162677
5,610
52,419
23, 30810,030
113.4432,3448,294
5682.398
160,385
1,93310, 6771,272
11, 452
25, 334
37,046 4,753, 325
7983,9756.292
16,911
20,4556,072
22, 2283,4214,6603,4182,289
24, 266
86,809
217217662994332179
1,106114
2,225
6,046
1,321493
21,667221
3,68026
234
27, 642
1107
2448
4012,133
687
15,311
13,3934,486
25,1936,2077,7798,9072,0235,807
73, 795
920501
1,944897
2,695152
1,99242
767
9,910
1,8652, 525
16, 26183441940
477
22, 421
1841,699
52,776
558j 4.664
770,450; 422,603
O
HO
wQO
S
o
HW
o
I9
O
1 Including school, irrigation, drainage, and reclamation districts, and instrumentalities of one or more States.2 Includes bonds, notes, and debentures of public utilities, real estate, and other domestic corporations.NOTE.—The amounts shown in the schedules of loans and discounts, investments and deposits of this table for banks other than national do not agree in all particulars with
figures as reported to this office, due to the fact that several of the classifications furnished were incomplete. In such cases estimates of various amounts have been used, based onclassifications reported to the Federal Deposit Insurance Corporation in its call made for June 30, 1934, of insured State banks and trust companies not members of the FederalReserve System.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Assets and liabilities of all active banks in the United Statest Alaska, and insular possessions, June 1984 {includes national, State {commercial)banks, loan and trust companies, savings and private banks)—Continued
[In thousands of dollars]
Location
MaineNew Hampshire .VermontMassachusetts...Rhode IslandConnecticut
Total New England States
New YorkNew JerseyPennsylvaniaDelawareMarylandDistrict of Columbia.
Total Eastern States-
VirginiaWest Virginia-North Carolina.South Carolina-GeorgiaFlorida _.AlabamaMississippiLouisianaTexas._
Capital stock, capitalnotes and debentures
Capi-tal
notesand
deben-tures
215
~7,~025
7,240
3,547
1,0462,983
5,8514,9416,935
Pre-ferredstock
5,801929
8,21513,473
6007,543
36,561
177, 469 112,505300
10405
6,3451,850
34,82330,265
1002,2071,500
186,379 181,4001,194,802
2,3055,610
9001,3001,178
14,2201,5923,950
19,427
Com-monstock
10,4156,4787,601
134,79918,87537,788
215,956
746,591105,523282,50112,73328,96918,485
39,84723,46016,7836,37731,91320,99117,6359,87417,76485,819
Demand deposits
Depositssubjectto check
42,98225,82617,667740,10979,238176,243
1,082,065
5,284,878391,994
1,318,63348,404152,025113,434
7,309,368
136,94485,37394,85937, 730114,62788,42172,10343,409
105,100493,556|
Certif-icatesof de-posit
186613149
5,0181,6901,025
35,5515,7157,060
17699861
49,903
878824934213
1,06098
1,10787
1,0255,031
Publicfunds ofStates,
counties,school
districts,or othersubdivi-sions ormunici-palities
8,1254,062
92561,2207,543
19,190
101,065
376,616
88,83710,33813,567
49
587,995
17,07316,82424,60513, 24114, 79224,84812,51220,25016,93461,424
Depos-its ofotherbanks
26894
232156
750
47,182790
6,481
3,755
58,208
67
470130
10250
Otherde-
mand
its
7063251
11,8634,0096,348
23,009
276,4495,198
36,1202,961
19,4525,499
345,679
1,0891,1461,781
142939
1,575912306
Time deposits
Depositsthe pay-ment ofwhich
has beendeferredbeyondthe timeoriginallycontemplated
2,079
2,241
99012,018
47376
656
14,213
1183,101
80900
66
1567
Publicfunds ofStates,
counties,school
districts,or othersubdivi-sions ormunici-palities
617126126
13,2641,533
10,320
25,986
41,0498,506
16,893247
3,742510
70,947
3,276119
3,2891,556
424817
2,203
6,0545, 953,
Depos-its ofotherbanks
10325
720309241
1,317
14,8932,050
28,11720
5,911102
51,093
7552811337051
2252,318
Other time deposits
Evi-dencedby sav-
ings passbooks
225,977210,532146,580
2,425,730326,060822,675
4,157,554
6,487, 7171,029, 5221, 717,636
61,192339,85485,898
9,721,819
165,80372,51041,99217,52773,21044,94755,33528,87456, 956
126,034!
Certifi-cates ofdeposit
1,3271,708
64037,26510,34124,305
75,586
145,71519,331
156,315738
16,3891,697
340,185
36,39618,62721,2972,909
19,542969
8,06219,08015,65831,374
Christ-mas
savingsandsimi-lar ac-counts
1,196991131
10,2162,6443,052
18,230
9,7989,9056,336393
2,2312,186
30,849
1,335786167154503193
1,029243331721
Openac-
counts
132213
29,423
5,778
35, 546
321,5804,921
186,4471,117
13,1341,334
1,9724,714
3452,4292,518
285
3,9533,503
Postalsav-ings
depos-its
7832,491
46312,044
1,7525,243
22,776
89,04345,41686,121
1,3637,3971,367
528,533 230,707
5,7529,5628,2132,7367,9709,6076,2145,3226,844
17,197
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
ArkansasKentuckyTennessee _
Total Southern States .-
OhioIndianaIllinoisMichiganWisconsin _ _. _ . _MinnesotaIowaMissouri
Total Middle Western States. _
North Dakota.South DakotaNebraska _ .KansasMontanaWyomingColoradoNew MexicoOklahoma
Total Western States
WashingtonOregonCaliforniaIdaho . . -UtahNevadaArizona
Total Pacific States
Alaska - -The Territory of HawaiiPuerto Rico . _-Philippines
Total possessions
Total United States and pos-sessions
25, 303
54, 4579,7955,706
13, 3563,355
951
87,620
1,4341,315
582
3,331
2,294979
5,000
2,225
840
11, 338
1,250
1,250
322,461
3,7621,5005,300
70,371
15, 5347,932
81, 52035,866
1,52711,9369,0937,984
171, 392
1,8552,6957,2153,8941,8211,0454,068
6408,103
31,336
1,613572
43,8971,5801,763
50100
49, 575
38600
638
541,273
10,57237,79730,979
349,811
116, 34937,095
150,13550, 30254, 53046,04526,67694, 725
575,857
6,0186, 642
16, 63328,3067, 5253,126
11,6582,060
23,400
105,368
26,37011,036
174, 7953,5207,808
6952,860
227, 084
8909,7053,348
12, 231
26,174
2,695,052
43 70C126,708112,760
1,555,290
490,021185,131
1,199,523310,814168,167207, 893157, 622508,360
3, 227, 531
21,55730, 992
115, 037146, 08334,72414,076
100, 48513, 703
147, 267
623,924
108, 22265,884
759,99420,67128, 6155,982
21,348
1,010,716
4,12420,2028,895
28,261
61,482
14,870,376
47C2,080
781
14, 588
6,4254,724
12,1923,5667,4763,6183,8296,704
48, 534
541364
3,9567,2231,337
7812,268
5121,343
18,325
1,4231,1799,820
879552
1510
13,878
301,279
101475
1,885
155,794
12 62416,35024, 221
275,698
108,96562,915
244, 91452,45766,07465, 34053,43671, 582
725,683
3,8647,060
23,91744,99313, 3806,913
15,0537,137
35,159
157,476
36,41121,40752,61512,2729,7383,5467,466
143, 455
8043,4222,4628,655
15, 343
2,006,715
9
487
1,423
466
9929
4031,499
c1,915
4,002
1785
77388
1,269
1,925
130
130
66,438
6831,6041,293
16,459
25,0513,8629,415
21,1141,5211,4662,4913,289
68, 209
37471
2412,647
143700
2,43324
2,059
8,692
1,9201,248
12,45215
6603
15
16,313
294,7382,519
505
7,791
486,152
14512
4,585
6,460610
1,15319, 356
1,4931,2512,118
11
32,452
461496
19
_ _92
1,059
1
1
54, 551
204887
2,286
27,068
6,329435
2,6721,449
11,7232,149
171,339
26,113
2,087258
1,262500
2127
458137
3,716
8,466
197460
198,42246
28688
983
200,482
20629
3,0459,765
13,459
372, 521
274189
5,867
12, 528
1,5253,4131,3112,4772,0347,618
311,894
30, 275
21622
2,5654380
4,62510
3,946
11, 309
192
4,40653
331
3
4,985
111, 507
21 08772,66869, 052
845, 995
658, 847129, 748514, 537294,031190,907227,978
70, 612149, 243
2, 235,903
10,9978,569
28,19524, 56521, 98110, 63768,470
4,68535, 076
213,175
136, 07970, 717
1, 556, 54610,99443, 511
5,17213,957
1,836,976
3,82333, 711
7,58326, 973
72, 090
19, 083, 512
11 29554,52037, 056
276, 785
87, 06854, 31389,10528, 59380,93787,15463,83678,199
569, 205
15, 79212,94935, 36645,61312,6325, 7317,7421,906
19,111
156,842
9,4097,597
38, 4834,9443,844
276810
65,363
71411, 7395,227
11,949
29,629
1,513,595
76368435
6,341
7,0771,6541,3931,2381,495
862189532
14, 440
4836
7533773491
49520
212
2,066
243
2,8641
27
8
2,927
7744610
830
75, 683
413228
1,014
21, 374
5,7694,519
32, 505853
3,9941,739
113,622
53,012
1051
705444203
2592
11,545
13,075
1,110813
13,803158142
16,026
3
2,375
2,378
669, 944
6 2584,290
12,038
102,003
43,85515, 44019,6399,753
10,18312,9327,227
11,848
130,877
1,2264,9262,6856,1346,4392,1095,140
8359,082
38,576
9,83710, 530
114, 7562,0022,6721,0443,708
144, 549
865389275
1,529
671, 017
See note on p. 101.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
106 REPORT OF THE COMPTROLLER OF THE CURRENCY
The assets and liabilities of all active banks June 30, 1930 to 1934,are shown in the following statement:
Assets and liabilities of all active banks on or about June 30, 1930-34
[In thousands of dollars]
1930 (24,079banks)
1931 (22,071banks)
1932 (19,163banks)
1933 (14,624 1934 (15,894b a n k s 0 b a n k s ») 2
ASSETS
Loans and discounts (including rediscounts).OverdraftsInvestmentsBanking house, furniture and fixturesReal estate owned other than banking house.Cash in vaultReserve with Federal Reserve banks or
other reserve agents *Due from banks _.Exchanges for clearing house and other cash
items __- -Other assets _.-
Total..
40, 460,67049.438
17,944, 7281,810, 357425,151865, 970
3,433,1023,994, 325
2,884, 6352,151, 748
74,020,124
35,164,85045,650
20,060,1531,808, 254446,488884, 327
3,402,1894,133, 720
1,946, 7092. 316,809
28,074, 64015,213
18, 223, 2411, 681, 989526, 750791,627
2,674,9412, 920,092
981,0571,355, 581
22,377, 37110,447
17,930,6631, 382,831637,646672, 556
2, 761,9453, 230, 111
1,100,1731,198,165
21,417,92413,229
21,289,4941,284,375845,136713,968
4,503,7684,373,178
624,8351,094,018
70, 209,149 57,245,131 51,301, 908
LIABILITIES
Demand deposits _.Time deposits (including postal savings)....United States depositsDue to banksCertified and cashiers' checks and cash
letters of credit and travelers' checks out-standing
Deposits not classified 3
24,098,51629,465, 361
213,7224,337,120
1, 615, 277117,199
21, 326, 21029,159, 361
448,1894,828,741
1, 083,00319, 240
16,405, 57924, 774, 389
424, 3253,212,110
565,8668,000
15, 258, 76521,417, 811
860, 3993,316,210
653,26927,016
56,159,925
17,585,47522,552,330
1, 736,6834,371,660
353,11225,781
Total deposits..National-bank circulationBills payable and rediscounts rAgreements to repurchase securities soldAcceptances executed for customersInterest, taxes, and other expenses accrued
and unpaid _ __Other liabilities -Capital notes and debenturesCapital stock _SurplusUndivided profits—netReserves for contingenciesRetirement fund for preferred stock, capital
notes and debentures-
69,847,195652,339665, 81747, 678585,969
122, 7371,816,891
66, 864,744639, 304457,620312, 335938,407
97,8391,067,821
45,390,269652,168
1, 248, 78048, 613
528, 310
77,271761, 219
41,538,470730, 435503,88326,799
441,813
76, 300603,920
46,625,041
3,889,4194, 968,9991,154,804• 268,276
4, 792,8511,010,128* 358,102
3,317,8644,058,070
716, 598« 445,969
2,899, 5413, 371,321
646,246468,180
Total. 74,020,124 70, 209,149 57,245,131 51,301,908
188,05014,928
296,699
73,906410,258322,461
3,236,3253,174,691
643,442475,181
650
56,159,925
1 Licensed banks; i. e., those operating on an unrestricted basis.2 Figures for 1934 revised since published in text edition of the report due to the fact that amended figureswere subsequently obtained for private banks in the State of New York.3 For banks other than national.
* Includes reserves for dividends.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 107Principal items of assets and liabilities of all active banks in continental United
States as compared with similar data for member banks of the Federal ReserveSystem, on or about June 30, 1934 1
Items
Loans4
InvestmentsCashCapital*Surplus and undivided profits 6
Total deposits.Aggregate assets _..
Allactivebanks:15,840
banks (000omitted)2
$21,277,53721,224,317
688, 5133,530, 7244,269,38746,400,69555,835,621
Member banks
6,375banks (000omitted)
$12,522,08014, 651,859
472, 6432, 652,1822, 452, 742
31, 012, 36737,384, 811
Percentto all
reportingbanks 2
58.8669.0368.6575.1257.4466.8466.96
Percentto all
reportingbanks,exceptmutualsavings
andprivate 2
80.8187.6974.6876.9582.4385. 5484.51
Mutualsavingsbanks:
578 banks(000
omitted)3
$5, 647, 3104, 256, 662
53, 33228,700
1,234,4909, 780,099
11,065,068
Privatebanks:
236 banks(000
omitted) 3
$132,482259,297
2,31655,60759,494
367,721532,672
1 Figures for 1934 revised since published in text edition of the report due to the fact that amended figureswere subsequently obtained for private banks in the State of New York.
2 Exclusive of banks in Alaska and insular possessions.3 Included in all reporting banks in column 1.4 Including overdrafts.8 Includes capital notes and debentures.e Including reserves.
Per capita demand and time and savings deposits in all activelicensed banks
Statement showing the population, amount of demand and timedeposits, amount of savings deposits, and per capita savings depositsreported by all active banks in each State, the District of Columbia,Alaska, and insular possessions, follows:
Per capita demand and time and savings deposits in all active banks June 30,1934l
LocationPopulation(approxi-
mate)
Demandand timedeposits
(000omitted)2
Per cap-ita de-mand
and timedeposits
Savingsdeposits
(000omitted) a
Per cap-ita sav-
ingsdeposits
MaineNew Hampshire-VermontMassachusettsRhode IslandConnecticut
Total New England States.
New YorkNew JerseyPennsylvaniaDelaware .-_MarylandDistrict of Columbia.
804,000470,000361,000
4,335,000705,000
1,655,000
$282,116246, 713167,005
3, 349,045435,351
1,074,576
$350. 89524. 92462. 62772. 56617. 52649. 29
$227,304212,240147,220
2,462, 995336,401846,980
$282.72451.57407.81568.16477.16511.77
8,330,000 5,554,806 666.84 4,233,140 508.18
13,059,0004,231,0009,826,000242,000
1,671,000497,000
13,131,4611,633,9543,655,469126,866578,812212,937
1,005.55386.19372.02524. 24346. 39428.44
6,633,4321,048,8531,873,951
61,930356,24387,595
507.96247.90190.71255.91213.19176.25
Total Eastern States 29,526,000 19,339,499 655.00 10,062,004 340.78
1 Revised since published in text edition of the report due to the fact that amended figures were subse-quently obtained for private banks in the State of New York.
2 Includes postal savings, Christmas savings, and other savings reported in column 4.3 Represents deposits evidenced by savings pass books and time certificates of deposit. (Does not in-
clude postal savings or Christmas savings accounts, etc.)
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
108 REPORT OF THE COMPTROLLER OF THE CURRENCY
Per capita demand and time and savings deposits in all active banks June 80, 1934—Continued
Location
VirginiaWest Virginia . . .North Carolina _South CarolinaGeorgiaFlorida.AlabamaMississippiLouisiana _ _TexasArkansasKentuckyTennessee
Total Southern States
Ohio _Indiana _IllinoisMichiganWisconsin _MinnesotaIowaMissouri
Total Middle Western States
North DakotaSouth Dakota.._NebraskaKansasMontanaWyomingColoradoNew MexicoOklahoma
Total Western States
Washington _OregonCaliforniaIdahoUtahNevada _Arizona _ _
Total Pacific States
AlaskaThe Territory of HawaiiPuerto Rico _Philippines
Total possessions
Total United States and
Population(approxi-
mate)
2,446,0001,786,0003,301,0001,750,0002,911,0001, 575,0002,710,0002,057,0002,166,0006,073,0001,876,0002,657,0002,676,000
33,984,000
6,836,0003,304,0007,876,0005,093,0003,005,0002,602,0002,485,0003, 678,000
34,879,000
688,000705,000
1,395,0001, 905,000* 537, 606232,000
1,056,000437,000
2,475,000
9,430,606
1,608,000990,000
6,158,000448,000520,00094,000457,000
10,275,000
61,000415,000
1, 645,10012,927,400
15,048, 500
141,473,106
Demandand timedeposits
(000omitted)
371,391213,934197,35077,523235, 547176,429160,357117,571214, 937750,66697,093280,037267,302
3,160,137
1,447,438466,770
2,128,458745, 730546,407621,499361,396848,538
7,166,236
56,95965,788212,143281, 33190, 94241,247207,64928,974269,877
1,254,910
304,824179,838
2, 764,16152,03590,50816,12648,308
3, 455,800
10,40976,88630,154
206,417
40,137,805
Per cap-ita de-mand
and timedeposits
151.84119. 7859.7844.3080.92112. 0259.1757.1699.23123.6151.76105.40
92.99
211. 74141. 27270.25146.42181.83238.85145.43230. 71
205. 46
82.7993.32152.07147. 68169.16177. 79196. 6466.30109.04
133. 07
189. 57181.65448. 87116.15174. 05171. 55105. 71
336. 33
170. 64185. 2718.33
13.72
283.71
Savingsdeposits
(000omitted)
202,19991,13763,28920,43692, 75245,91663, 39747,95472, 614157,40832,382127,188106,108
1,122, 780
745,915184,061603,642322,624271,844315,132134,448227,442
2,805,108
26, 78921, 51863, 56170,17834,61316,36876,2126,59154,187
370, 017
145,48878, 314
1, 595,02915,93847,3555,44814, 767
Per cap-ita sav-
ingsdeposits
1,902,339
4,53745,45012,81038,922
101,719
20,597,107
82.6751.0319.1711.6831.8629.1523.3923.3133.5225.9217.2647.8739.65
33.04
109.1255.7176.6463.3590.46121.1154.1061.84
80.42
38.9430.5245.5636.8464.3870.5572.1715.0821.89
19.24
90.4879.11259.0235.5891.0757.9632.31
185.14
74.38109. 527.793.01
6.76
145.59
* Population Apr. 1,1930.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Savings deposits and depositors in all active banks in the United States and possessions, according to classes of banks, on or about June 30,1934 *[Deposits in thousands of dollars]
Location
Total all active banks
Depositsevidencedby savingspassbooks
Time cer-tificates of
deposit
Totalsavings
deposits 2Deposi-
tors 3
National banks
Depositsevidencedby savingspassbooks
Time cer-tificates of
deposit
Totalsavings
deposits2Deposi-
tors 3
All banks other than national
Depositsevidencedby savingspassbooks
Time cer-tificates of
deposit
Totalsavings
deposits2Deposi-
tors 3 O
QO
o
HW
Q
d
So
MaineNew HampshireVermontMassachusettsRhode Island ._Connecticut
Total New England States
New YorkNew Jersey _Pennsylvania _.DelawareMarylandDistrict of Columbia
Total Eastern States
Virginia—West VirginiaNorth Carolina _South CarolinaGeorgiaFloridaAlabamaMississippiLouisiana __TexasArkansas _KentuckyTennessee
Total Southern States.
225,977210, 532146, 580
2,425, 730326, 060822, 675
4,157, 554
6, 487, 7171, 029, 5221, 717, 636
61,192339,85485,898
9, 721,819
165,80372, 51041,99217, 52773,21044,94755, 33528,87456, 956126,03421,08772,66869, 052
845,995
1,3271,708640
37,26510,34124,305
227,304212, 240147, 220
2, 462,995336,401846, 980
507,366361,329320,402
3,770,463392,106
1,389, 249
62,18016, 80226,925240, 29612, 51975,925
6441,702319
29, 0225,9909,392
62,82418, 50427,244269,31818, 50985, 317
131, 64650, 79770,123
600, 29515,607186, 608
163, 797193, 730119,655
2,185,434313, 541746, 750
3218,2434,35114, 913
164,480193, 736119,976
2,193, 677317,892761, 663
375, 720310, 532250,279
3,170,168376,499
1, 202,641
75,586 4,233,140 6,740,915 434,647 47,069 481,716 1, 055, 076 3,722,907 28, 517 3, 751,424 5,685,839
145, 71519, 331156, 315
73816,3891,697
9, 655,8912,305,4453,470, 212107,821756, 453221,830
612,879324,030723, 0628,05579,16241,135
63,9284,248
90, 520273
3,2311,209
676,807328, 278813, 5828,328
82, 39342,344
1,658, 343787,107
1, 581, 27810, 705123, 848
5,874,838705,492994, 57453,137260,69244, 763
81, 78715, 08365, 795
46513,158
5,956,625720, 575
1, 060, 36953, 602273,85045, 251
7,997, 5481, 518,3381,888,934
97,116632,605132,132
340,185 10, 062, 004 16, 517, 652 1, 788, 323 163, 409 1, 951, 732 4, 250,979 7,933,496 176, 776 8,110, 272 12, 266, 673
36, 39618, 62721, 2972,90919, 542
9698,06219,08015,65831, 37411,29554,52037,056
202,19991,13763, 28920, 43692,75245,91663,39747,95472, 614157,40832,382127,188106,108
440, 669233,313170, 02465, 752336,180167,255251,41789,995266, 280318, 38056,407212,127270,887
276, 785 1,122,780 2, 878,686
104, 39937, 28311,9256,91553, 56533, 37040, 23814, 03340, 553120,01913,63138,41252, 253
18, 7828,2276,698783
7,773343
5,0654,2945,24118,7396,01417,22018, 704
123,18145, 51018, 6237,698
61, 33833,71345, 30318, 32745, 794138, 75819, 64555, 63270, 957
232, 275109,73053,81930, 578240,458126,334118,99634, 501212,976286, 56234, 30587, 059217,192
61,40435, 22730,06710, 61219,64511, 57715,09714,84116,4036,0157,456
34, 25616, 799
17, 61410,40014,5992,12611, 769
6262,99714,78610,41712,6355,281
37,30018,352
79, 01845,62744, 66612, 73831,41412,20318,09429, 62726,82018, 65012, 73771, 55635,151
208, 394123, 583116, 20535,17495,72240,921
132,42155,49453,30431,81822,102
125,06853, 695
566, 596 117,883 684,479 1, 784, 785 279, 399 158,902 438, 301 1,093,901
i Revised since published in text edition of the report due to the fact that amended figures were subsequently obtained for private banks in the State of New York.* Excludes postal savings and Christmas savings accounts, etc.3 Represents number of savings passbook accounts.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Savings deposits and depositors in all active banks in the United States and possessions, according to classes of banks, on or aboutJune 80, 1984—Continued[Deposits in thousands of dollars]
Location
Total all active banks
Depositsevidencedby savingspassbooks
Time cer-tificates of
deposit
Totalsavingsdeposits
Deposi-tors
Deposits | T i m e e e r .
passbooks d eP° s l t
National banks
Totalsavingsdeposits
Deposi-tors
All banks other than national
Depositsevidencedby savingspassbooks
Time cer-tificates of
deposit
Totalsavingsdeposits
Deposi-tors
OhioIndianaIllinoisMichigan __Wisconsin.Minnesota.IowaMissouri. _.
658, 847129, 748514, 537294,031190,907227,97870, 612149, 243
Total Middle Western States. _ 2,235,903North Dakota.. __South DakotaNebraskaKansas _Montana..Wyoming....ColoradoNew MexicoOklahoma
Total Western States.WashingtonOregonCaliforniaIdaho.-UtahNevadaArizona
10,9978,56928,19524,56521,98110,63768,4704.68535,076
213,175
136,07970, 717
,556, 54610,99443, 5115,17213,957
Total Pacific States — . 1,836,976AlaskaThe Territory of Hawaii-Puerto RicoPhilippines
3.82333,7117,58326,973
Total possessions__Total United States and pos-
sessions
72,090
19,083, 512
87,06854, 31389,10528,59380,93787,15463,83678,199
745,915184,061 I603,642322,624271,844315,132134,448227, 442
1,855,144488,792
1,970, 267956,876889,162739,201312,953626,166
201,78955, 060327,098129, 778101,918136,15026,86566, 525
41,57218, 25844, 2217,96923,91440, 43316,19716. 575
243, 36173, 318371,319137,747125,832176, 58343, 06283,100
569, 205 2,805,108 | 7,838,561 1,045,183 209,139 1, 254, 322
15, 79212,94935, 36645,61312, 6325,7317,7421,90619,111
156,842
9,4097,59738,4834,9443,844276810
65, 363
71411, 7395,22711,94929, 629
26,78921,51863, 56170,17834,61316,36876, 2126,59154,187
370,017
145,48878,314
1, 595,02915,93847, 3555,44814,767
1,902,339
4, 53745,45012,81038,922
101, 719
1, 513,595 20, 597.107 39,163.700
49.30349,471146,484163,56958,00033,851190,56216,391127,287
9,5916,219
24, 20119.06113,3907,709
56, 6653,659
32, 944
10,0656,36518,06717,0377,4683,1925,8091,559
13, 720
19,65612, 58442, 26836,09820,85810,90162,4745,218
46,664
834,918 173, 439 83, 282 256, 721
565,831175, 456
1,126, 061393, 734369, 798477, 736128,358238,119
457,05874,688187, 439164, 253
91,82843, 74782, 718
45,49636,05544,88420, 62457, 02346, 72147,63961,624
502, 554110, 743232,323184,877146,012138,54991,386144, 342
1, 289, 313313,336844, 206563,142519, 364261,465184,595388, 047
3,475,093 1,190, 720 360, 066 1, 550, 786 4,363,46838, 24727, 523116, 56897,14333, 97323. 551148,94912,198
113,071
1,4062,3503,9945,5048,5912,92811,8051,0262,132
5,7276,58417, 29928, 5765,1642,5391,933347
5,391
7,1338,93421, 29334,08013, 7555,46713,7381,3737,523
11,05621,94829,91666,42624,02710,30041, 6134,19314, 216
611,223 39, 736 73, 560 113, 296 223,695378,662245,403
2,849,49742,350156.15810,16936,945
59, 21560,141
904, 6245,37614.7514,5653,423
6,0296,03238, 4831,7421,332
59218
65, 24466,173943,1077,11816,0834,6243,641
3,719,184 1,052.095 53,895 1,105,990
7,061153,04131,964441,718
1,28312,581
1633,658
1,44616,239
633,784 13, 864 3,821 17, 685
5,074,147 678,498 5, 752, 645
184, 701189, 574
1,850, 21016, 21948, 6917,43912, 241
76,86410, 576
651,9225,618
28, 760607
10, 534
3,3801,565
3.2022,512217592
80, 24412,141651 9228,82031,272
82411,126
193, 96155,829
999,28726,131107,4672,73024,704
2,309,075 784,881 11,468 796,349 1,410,1092,561
54,8572,54021,1307,58326,973
5518,0815,22711,949
57,418 58, 226 25,808
13,543, 649
3,09129, 21112,81038,922
4,50098,18431,964441, 718
84,034 576,366
14,009,365 835,097 14,844,462 25,620,051
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Location
Maine . _New TTa/mpshireVermont _ .MassachusettsRhode Island -Connecticut
Total New England States
New YorkNew JerseyPennsylvaniaDelawareMarylandDistrict of Columbia
Total Eastern States .
VirginiaWest Virginia . .North CarolinaSouth CarolinaGeorgiaFloridaAlabamaMississippiLouisiana _. _ _TexasArkansas __KentuckyTennessee
Total Southern States.
State (commercial) banks
Depositsevidencedby savingspassbooks
148,71421,969
119,9917,549
37,169
335,392
61,40435,22730,06710, 61219,6347,751
12,79614,84116,4034,5697,430
34,25616, 799
271,789
Time cer-tificates of
deposit
Totalsavings
deposits !
9,605 158.3196,5429,061
1951,195
26, 598
28,511129,052
7,74438, 364
361.990
17,61410,40014, 5991,944
11,682477
2,98614, 78610,41711, 5035,281
37,30018, 352
157,341
79,01845, 62744, 66612, 55631,3168,228
15, 78229, 62726, 82016,07212, 71171, 55635,151
429,130
Deposi-tors 2
434, 65171, 540
327,46111,348
* 149, 673
994, 673
208,394123, 583
3 116,2053 35,174
95, 6763 26, 250
86,00055, 494
3 53, 30429,37822,035
125,0683 53, 695
1,030,256
Loan and trust companies
Depositsevidencedby savingspassbooks
45,44710,91644, 331
140, 347143,99885,334
470,373
585, 209347,833359,184
16,85028, 50535,649
1,373, 230
3,189
3,189
Time cer-tificates of
deposit
6836
2578,2434,351
14,818
28,358
69,9358,405
54,512270
11,963445
145, 530
Totalsavings
deposits i
46,13010,92244, 588
148, 590148, 349100,152
498, 731
655,144356, 238413, 696
17,12040,46836,094
1, 518, 760
Deposi-tors 2
146,31029, 686
134,1623 335,711
188, 411239,149
1,073,429
1, 096, 725917, 734900,89636,568
* 139,18384, 660
3,175, 766
|
149 J 3.338
149 3,338
3 10,800
10,800
Stock savings banks
Depositsevidencedby savingspassbooks
26,828
9,114
35, 942
2,246
2,246
Time cer-tificates of
deposit
43
43
11
11
Totalsavings
deposits i
26,828
9,157
35,985
2,257
2,257
Deposi-tors 2
40,158
47,472
87, 630
46,281
46,281
i Excludes postal savings and Christmas savings accounts, etc.& Represents number of savings passbook accounts.
s Estimated.< As of Dec. 30. 1933
§
W
oo
W
d
IoKj
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Savings deposits and depositors in all active banks in the United States and possessions, according to classes of banks, on or aboutJune SO, 1934—Continued[Deposits in thousands of dollars]
Location
OhioIndianaIllinoisMichigan.- _. __WisconsinMinnesota _IowaMissouri ._
Total Middle Western States._ _North Dakota . . . _South DakotaNebraskaKansasMontanaWyoming _ _ColoradoNew MexicoOklahoma.
Total Western StatesWashingtonOregonCaliforniaIdahoUtah _NevadaArizona
Total Pacific States . - .Alaska . . . .The Territory of HawaiiPuerto RicoPhilippines
Total possessionsTotal United States and possessions..
State (commercial) banks
Depositsevidencedby savingspassbooks
348,11018, 241
187,439150,11583,51631,1747,901
18,326
844,822
1,9932,9505,4558,5912,928
11,8051,0262,132
37,872
27, 69510, 505
5,61814, 269
6076,457
65,151
2,54020,1897,583
26,r73
57,285
1,612,311
Time cer-tificates of
deposit
44,37723,24344,88419,58756,69246,61121, 50230, 728
287, 624
5,6306,206
17,29927,9065,1642,5391,933
3475,391
72,415
3,3801,565
3,2022,364
217415
11,143
5516,9605,227
11,949
24, 687
579,808
Totalsavingsdeposits
392,48741,484
232,323169. 702140,20877, 78529,40349,054
1,132,446
6,6228,199
20, 24933,36113,7555,467
13, 7381,3737,523
Deposi-tors
1,124,621108,464844,206539,987491,466165,4433 33,3013 85,952
3, 393, 440
10,434318, 614
26,40366,051
3 24,02710, 30041, 6133 4,19314, 216
110,287 215,851
31,07512,070
8,82016,633
8246,872
76,294
3,09127,14912,81038,922
81,972
2,192,119
94,82755, 563
26,13155, 2052,730
15,000
249,456
4,50097, 09131,964
441, 718
575, 273
6,458,949
Loan and trust companies
Depositsevidencedby savingspassbooks
38,199
1,253497
1,35764,392
105, 698
414357
34
805
1,050
1,050
941
941
1,955, 286
Time cer-tificates of
deposit
II, 578
331110175
30,896
43,090
97378
638
1,113
74
74
1,121
1,121
219,435
Totalsavingsdeposits
49, 777
1,584607
1,53295, 288
148, 788
511735
672
1,918
1,124
1,124
2,062
2.062
2,174, 721
Deposi-tors
174,879
7,248410
3 5,7283 302,095
490,360
6223 3,334
3 309
4,265
8,297
8,297
1,093
1,093
4, 764, 010
Stock savings banks
Depositsevidencedby savingspassbooks
13,194
34,294
47,488
1,044
1,044
564,349
13, 441
4,077
581,867
668,587
Time cer-tificates of
deposit
250
25,119
25,369
74
177
251
25,674
Totalsavingsdeposits
13,444
59,413
72,857
1,044
1,044
564, 349
13, 515
4,254
582,118
694,261
Deposi-tors
18,613
3144,548
163,161
3,513
3,513
928, 792
43,965
9,704
982,461
1,283,046
3 Estimated.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Location
MaineNew HampshireVermontMassachusetts _Rhode Island . . .Connecticut
Total New England States
New York _ _New JerseyPennsylvaniaDelaware .— . . .MarylandDistrict of Columbia
Total Eastern States
Virginia __West Virginia-North CarolinaSouth Carolina - ._Georgia..Florida. - -AlabamaMississippiLouisianaTexasArkansas __ _ . _Kentucky -Tennessee . .
Total Southern States
Mutual savings banks
Depositsevidencedby savingspassbooks
118,350182,81475,324
2,045,087169,543661,173
3, 252,291
5,139, 593308,860512,10928,738
195,018
6,184, 318
Time cer-tificates
of deposit
64
64
136"
136
Totalsavings
depositsl
118,350182,81475,388
2,045,087169,543661,173
3,252,355
5,139, 593308,996512,10928,738
195,018
6,184,454
Deposi-tors 2
229,410280,846116,117
2,834,457188,088962,665
4,611, 583
6,463,196488,867644,92249,200
3 343, 749
7,989,934
—
Private banks
Depositsevidencedby savingspassbooks
243
243
1,3222
3,290
4,614
1163755
1,44626
2,175
Time cer-tificates
of deposit
95
95
2,247
2,222
4,469
18287
1,132
1,401
Totalsavings
deposits i
338
338
3,5692
5,512
9,083
18298
63755
2,57826
3,576
Deposi-tors 2
827
827
2,97639
15,655
18, 670
463,871
140
2,44067
6,564
Total all banks other than national
Depositsevidencedby savingspassbooks
163,797193,730119,655
2,185,434313,541746, 750
3, 722,907
5,874,838705,492994, 574
53,137260, 69244, 763
7,933,496
61,40435,22730,06710,61219, 64511,57715,09714,84116,4036,0157,456
34, 25616, 799
279,399
Time cer-tificates of
deposit
6836
3218,2434,351
14,913
28, 517
81,78715,08365, 795
46513,158
488
176,776
17,61410,40014,5992,126
11, 769626
2,99714, 78610, 41712, 6355,281
37,30018,352
158,902
Totalsavings
deposits i
164,480193,736119,976
2,193,677317,892761,663
3,751,424
5,956,625720, 575
1,060,36953,602
273,85045,251
8,110, 272
79,01845, 62744,66612, 73831,41412,20318,09429, 62726,82018,65012, 73771, 55635,151
438, 301
Deposi-tors2
375,720310,532250,279
3,170,168376,499
1,202, 641
5,685,839
7,997, 5481, 518, 3381,888,934
97,116632,605132,132
12, 266,673
208,394123, 583116,20535,17495, 72240, 921
132,42155, 49453, 30431,81822,102
125,06853, 695
1,093,901
1 Excludes Postal Savings and Christmas savings accounts, ttt* 2 Represents number of savings passbook accounts. 3 As of Dec. 30, 1933.
Wfef
ooS
I(-3
w
o
CO
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Savings deposits and depositors in all active banks in the United States and possessions, according to classes of banks, on or aboutJune SO, 1934—Continued[Deposits in thousands of dollars]
Location
OhioIndianaIllinoisMichiganWisconsinMinnesotaIowaMissouri
Total Middle Western States.—North DakotaSouth DakotaNebraskaKansas... _.MontanaWyomingColorado..New MexicoOklahoma
Total Western StatesWashingtonOregonCaliforniaIdahoUtah...Nevada _Arizona
Total Pacific StatesAlaskaThe Territory of HawaiiPuerto RicoPhilippines
Total possessions.,.Total United States and posses-
sions
Mutual savings banks
Depositsevidencedby savingspassbooks
108,38917,864
4,22060,157
190, 630
49 16971
87 573
136,813
9,764,052
Time cer-tificates
of deposit
28361
Totalsavingsdeposits
108,67217,925
4,22060,157
344 190,974
Deposi-tors
161,94827,489
20,65095, 612
305,699
49,16971
87,573
136,813
i
544 9, 764,596
Private banks
Depositsevidencedby savingspassbooks
559384
944
195
2,082
j
99,134266
70,495
169,895
13,077, 111
15
15
Time cer-tificates
of deposit
8361,173
787
843
3,639
32
32
I
9,129 9,636
Totalsavingsdeposits
1,3951,557
1,731
1,038
5,721
47
47
18,765
Deposi-tors
2,7442,504
4,542
1,018
10,808
66
66
36,935
Total all banks other than national
Depositsevidencedby savingspassbooks
457,05874,688
187,439164,25388,98991,82843, 74782, 718
1,190, 720
1,4062,3503,9945,5048,5912,928
11,8051,0262,132
39, 736
76,86410,576
651,9225,618
28, 760607
10, 534
784,881
2,54021,1307,583
26,973
58, 226
14,009,365
Time cer-tificates of
deposit
45,49636,05544,88420,62457,02346, 72147,63961,624
360,066
5,7276,584
17, 29928,5765,1642,5391,933
3475,391
73,560
3,3801,565
3,2022,512
217592
11,468
5518,0815,227
11, 949
25,808
835,097
Totalsavingsdeposits
502,554110,743232,323184,877146,012138,54991,386
144,342
1,550,786
7,1338,934
21,29334,08013,7555,467
13, 7381,3737,523
113,296
80,24412,141
651,9228,820
31,272824
11,126
796,349
3,09129,21112,81038,922
84,034
14,844,462
Deposi-tors
1,289,313313,336844,206563,142519,364261,465184, 595388,047
4,363,468
11,05621,94829,91666,42624,02710,30041, 6134,193
14, 216
223, 695
193,96155,829
999,28726,131
107,4672,730
24,704
1,410,109
4,50098,18431,964
441, 718
576,366
25,620,051
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY
National Banks
115
The assets and liabilities of all active national banks June 301930 to 1934, are shown in the following statement:
Assets and liabilities of all active national banks on or about June 30, 1930-84
[In thousands of dollars]
1930 (7,252banks)
1931 (6,805banks)
1932 (6,150banks)
1933 (4,902banks) i
1934 (5,422
ASSETS
Loans and discounts (including rediscounts)OverdraftsInvestmentsBanking house, furniture, and fixturesReal estate owned other than banking house-Cash in vaultReserve with Federal Reserve banks or
other reserve agents. _ _Due from banks _Exchanges for clearing house and other cash
items _Other assets
Total..
LIABILITIES
Demand depositsTime deposits (including postal savings)United States depositsDue to banksCertified and cashiers' checks and cash let-
ters of credit and travelers' checks out-standing
1 otal depositsNational-bank circulation__Bills payable and rediscountsAgreements to repurchase securities soldAcceptances executed for customers._Interest, taxes, and other expenses accured
and unpaidOther liabilities....Capital stockSurplusUndivided profits—netReserves for contingenciesRetirement fund for preferred stock
14,887,7529,452
6,888,171787, 750124,584342,507
1,421, 6762, 353, 669
1, 297,4871,003,491
13,177,4857,790
7,674,837795,866125, 681
1,418,0962,354,145
854,365865,844
10,281,6764,701
7,196,652760,057143, 585338,404
1,150, 5751, 569, 723
427,159495,179
8,116,9722,800
7,371,631641,694132,187288,478
1,412,1271,935,922
482,419476, 261
7,694,7492,994
9,348,553655,819151,970352,402
2, 497,4002,535,218
311,945350,542
29,116,539 27, 642,698 22,367,711 20,860,491 23,901,592
10,926,2018, 752,571
171,9642, 679,821
738,327
10,105,8858,579, 590
235,2262, 746,412
531,127
7,940,6537, 265, 640
213, 2871,800,217
241,116
7,894,1276, 216, 917
449,6611,969,891
243,519
9,280,9296,891,128
889,6782,684,015
186,910
Total..
652, 339229,033
8,173511,007
79,129391,826
1,743,9741,591,339
545, 8732 94, 962
, , f i639, 304153, 533
10, 266442,235
62,881
1, 687,6631, 493,876
443,5922130,599
17. m, 918652,168506,890
39, 535279, 220
49,43999,698
1, 568, 983' 1,259,425^
302,5212 148,919
16,771H5730,435117,855
9,223229,304
41,617101,388
1, 515,647940, 598"235, 600164, 709
19,982,660698,293
15,6794,399
133, 221
41, 74174,566
1,737,827854,057257,311151,267
571
29,116, 539 27,642,698 22, 367, 711 20,860,491 23,901,592
1 Licensed banks, i.e., those operating on an unrestricted basis.2 Includes reserves for dividends.
Banks other than National
Through the cooperation and courtesy of officials of banking depart-ments of the various States, Alaska, and insular possessions, the comp-troller is enabled to present in this report, as required by section 333,United States Revised Statutes, statistics in relation to each class ofactive banks other than national.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Officials of State banking departments and number of each class of active banks under their supervision in June 19$4t from which reports ofcondition were received l
Location
Maine. _New Hampshire _.Vermont . _ _ .Massachusetts _Rhode Island _Connecticut
Total New England States
New YorkNew Jersey . .PennsylvaniaDelaware .MarylandDistrict of Columbia
Total Eastern States
VirginiaWest VirginiaNorth Carolina _South Carolina- _._GeorgiaFloridaAlabamaMississippiLouisianaTexasArkansasKentuckyTennessee
Total Southern States-
Names of officials
Thomas A. CooperWillard D RandGeo. H. V. Allen.. . .Arthur L. GuyLatimer W. BallouWalter Perry -
Joseph A. BroderickWilliam H. KellyWilliam D. GordonHarold W. HorseyJohn J Ghingher
M. E. BristowGeorge WardGurney P. HoodThomas H. DanielR. E. GormleyJ M LeeJ.H.WilliamsJ S LoveJ. S. Brock.E. C. Brand . . _ .Marion Wasson.James R. Dorman__D. D. Robertson
Titles
Bank commissioner _.do
Commissioner of banking and insuranceCommissioner of banksBank commissionerState bank commissioner
Superintendent of banksCommissioner of banking and insuranceSecretary of bankingState bank commissioner
do
Commissioner of insurance and bankingCommissioner of banking. _Commissioner of banksChief bank examinerSuperintendent of banksComptroller, State of FloridaSuperintendent of banks
doState bank commissionerCommissioner, department of bankingCommissioner, State banking department-Banking and securities commissionerSuperintendent of banks
Banks
State(com-
mercial)
17129
1676
97
470
19610317210722685
144189119468175346258
2,588
Loan andtrustcom-
panies
301334781469
238
13513220625205
523
17
17
Stocksavings
1
7
8
2
2
Mutualsavings
334819
1939
73
375
1382582
13
186
Private banks
UnderStatesuper-vision
5
5
182
27
47
1
1
NotunderStatesuper-vision
1
6
7
4231
334
83
Total
636153
27123
147
618
46318941433
13012
1,241
196103172108268105147189119501179346258
2,691
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
OhioIndianaIllinoisMichigan __
g Wisconsinos Minnesotao Iowaco Missouri . . .-
co Total Middle Western States
North DakotaSouth Dakota
co NebraskaKansasMlontanaWyomingColoradoNew M!exicoOklahoma
I. J Fulton . . . -Richard A. McKinleyEdward J. BarrettR. E. ReichertPeter A. ClearyElmer A. BensonD W Bates0. H. Moberly
Adam A. LeforF R. StrainE H LuikartH W KoenekeFrank H JohnsonA. E. Wilde—Grant McFersonJohn BinghamW. J. Barnett
Total Western States
WashingtonOregonCalifornia - -IdahoUtahNevadaArizona
Total Pacific States
AlaskaThe Territory of HawaiiPuerto RicoPhilippines . . .
Total possessions
Total United States andpossessions
Howard H HansenA. A. SchrammFriend Wm. RichardsonBen DiefendorfJ A. MaliaE J SeabornY. C. White
W G SmithE. S. Smith
Superintendent of banks _ _Director,department of financial institutions.Auditor of public accountsCommissioner, State banking department._.Chairman, State banking departmentCommissioner of banksSuperintendent, department of bankingCommissioner of finance
State bank examinerSuperintendent of banksSuperintendent, department of bankingBank commissioner _ ._ _Superintendent of banksState examiner- _State bank commissioner..State bank examinerBank commissioner
Supervisor of bankingSuperintendent of banks
do -. -Commissioner of financeState bank commissioner _.State bank examinerSuperintendent of banks
Secretary, Territorial banking boardBank examinerTreasurerInsular treasurer
420289597306489472200550
3,323
13814329654277378219
198
1,532
12950
1233942
47
394
115
1411
41
8,348
73- - -
1075
61
169
25
12
19
31
13
3
20
8
8
994
282
285
2
2
16
1
2
19
316
35
31
12
311
5
578
1633
1
50
2
2
105
" 27"
14
41
131
400597349502480501612
3,880
14014829855677378219
198
1,555
13552
153394649
438
11131411
49
10, 472
oH
O
o
i The statement includes also 131 private banks in 9 States not under State supervision but which, under the provisions of section 21 (a) of the Banking J.ake and publish reports of condition in the same manner as provided by law for national banks.
Act of 1933, were required
to
o
HW
awpi
a
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
118 REPORT OF THE COMPTROLLER OF THE CURRENCY
The assets and liabilities of all active banks other than nationalJune 30, 1930 to 1934, are shown in the following statement:
Assets and liabilities of all active banks other than national on or about June 30,1930-84
[In thousands of dollars]
ASSETS
Loans and discounts (including rediscounts).OverdraftsInvestments—Banking house, furniture and fixturesReal estate owned other than banking house.Cash in vaultReserve with Federal Reserve banks or
other Reserve agents __Due from banksExchanges for clearing house and other cash
items __ _Other assets
TotaL.
LIABILITIES
Demand depositsTime deposits (including postal savings)—.United States depositsDue to banksCertified and cashiers' checks and cash
letters of credit and travelers' checksoutstanding
Deposits not classified
Total depositsBills payable and rediscountsAgreements to repurchase securities soldAcceptances executed for customersInterest, taxes, and other expenses accrued
and unpaid..Other liabilitiesCapital notes and debenturesCapital stock _SurplusUndivided profits, netReserves for contingenciesRetirement fund for preferred stock, capital
notes and debentures
1930 (16,827banks)
25, 572,91839,986
11,056, 5571,022, 607
300,567523,463
2,011,4261,640,656
1, 587,1481,148, 257
44,903,585
13,172,31520,712,790
41,7581,657,299
876, 950117,199
86,578,311436, 784
39, 50574,962
1,425,065
2,145,4453, 377, 660
608,9313 173,314
1931 (15,266banks)
21,987,36537,860
12,385,3161,012,388
320,807515, 738
1,984,0931, 779,575
1,092,3441, 450,965
42, 566,451
11, 220,32520,579,771
212,9632,082,329
551,87619,240
34,666,504304,087302, 069496,172
34,958' 687,312
1,982,3353,298,975
566, 5363 227, 503
Total—. 44,903, 585 42,566,451
1932 (13,013banks)
17,792,96410,512
11,026,589921,932383,165453,223
1,524,3661,350,369
553,898860,402
34,877,420
8,464,92617,508,749
211,0381,411,893
324,7508,000
27,929,856741,890
9,078249,090
27,832661,521
1, 748,8812, 798,645
414,0773 297,050
1933 (9,722banks) 1
14,260,3997,647
10, 559,032741,137505,459384,078
1,349,8181,294,189
617,754721,904
1934 (10,472banks) »2
30,441,417
7,364,63815,200,894
410, 7381,346,319
409. 75027,016
13,723,17510, 235
11,940,941628,556693,166361,566
2,006,3681,837,960
312,890743, 476
32,258,333
8,304,54615,661,202
847,0051,687, 645
166, 20225,781
24,759,355 26, 692,381386,028 172, 371
17,576 I 10,529212,509 163,478
34,683 i502,532
1,383,8942,430,723
410,646303,471
32,165335,692322,461
1,498,4982,320,634
386,131323,914
79
34,877,420 30,441, 417 32,258,333
1 Licensed banks; i. e., those operating on an unrestricted basis.2 Figures for 1934 revised since published in text edition of the report due to the fact that amended figureswere subsequently obtained for private banks in the State of New York.
s Includes reserves for dividends.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 119
The assets and liabilities of State (commercial) banks June 30,1930 to 1934, are shown in the following statement:
Assets and liabilities of State (commercial) banks, June 1930 to 1934
[In thousands of dollars]
Loans and discounts (including rediscounts).Overdrafts.._Investments _.Banking house, furniture and fixturesReal estate owned other than banking house.Cash in vaultReserve with Federal Reserve banks or
other reserve agentsDue from banksExchanges for clearing house and other cash
itemsOther assets --.
Total.
LIABILITIES
Demand depositsTime deposits (including postal savings)United States depositsDue to banksCertified and cashiers' checks and cash
letters of credit and travelers' checks out-standing
Deposits not classified
Total depositsBills payable and rediscountsAgreements to repurchase securities soldAcceptances executed for customers... _Interest, taxes, and other expenses accrued
and unpaidOther liabilitiesCapital notes and debentures. __Capital stockSurplusUndivided profits—net.... _.Reserves for contingenciesRetirement fund for preferred stock, capital
notes and debentures
1930 (13,582banks)
9, 216,46833,918
2,947, 712436,235145,012294,852
848,129817,049
188,341342,186
15, 269,902
5, 636,0215,953,921
4,269647,985
104, 71538,881
Total.
12,885,792249,08337,59466, 312
26, 278350,849
1,080,960746,812239, 4202 86,802
15, 269,902
1931 (12,259banks)
7, 270,12632,210
2,937, 642401,035134, 412274,922
814,368790, 273
130.069325.070
13,110,127
4, 581,4905, 274,952
86,165622,526
70,7725,538
10,641, US180, 35717,02354,073
25, 693278,682
956,206665,752200,9922 89,906
13,110,127
1932 (10,455banks)
5,130,7094,490
2, 266,923323, 544133,274225,472
541,297541, 533
73,504238,052
9,478, 798
1933 (7,714banks) »
3,117,8622,950
1, 709, 582220,451109,018183,310
458,227440,261
138,185172, 296
6, 552,142
3,076, 7523, 569, 752
81,083378,393
43, 6634,461
2,424, 2142,140,489
91,299291,788
85, 7795,638
7,154,104467,0817,078
36, 720
20, 633237,453
805,332526,841127,3822 96,174
5,039,207229,23112,77624, 620
165, 915
554, 517337, 28090,92587,723
9,478,798 | 6,552,142
1934 (8,348banks) i
2,924,8302,428
2, 284,990216,534127,955177,691
612, 635726, 640
78,992146, 644
7, 299,339
2,897,9562,400,030169,616356,771
50,2321,355
5,875,96094,7929,94425,940
6,252139,330131,256588,486252, 22487,24087,871
44
7,299,339
1 Licensed banks; i. e., those operating on an unrestricted basis.s Includes reserves for dividends.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
120 REPORT OF THE COMPTROLLER OF THE CURRENCY
The assets and liabilities of loan and trust companies June 30,1930 to 1934, are shown in the following statement:
Assets and liabilities of loan and trust companies, June 1930 to 1984[In thousands of dollars]
1930 (1,564 ; 1931 (1,469
ASSETS I
Loans and discounts (including rediscounts). IOverdrafts |Investments _ !Banking house, furniture and fixtures !Real estate owned other than banking house.. ICash in vault jReserve with Federal Reserve banks or [
other reserve agents _ „]Due from banks _ \Exchanges for clearing house and other cash j
items__ !Other assets .!
banks)
9, 475, 9365,585
3,835, 746428,88983,188176,126
1,045,843531,883
1, 392,996726,468
banks)
7, 860, 4185,272
4,589,659452, 27096,218
186,193
1, 058, 734615,469
957,1021,039,655
Total I 17,702,660
LIABILITIES
Demand depositsTime deposits (including postal savings) —United States deposits. _Due to banksCertified and treasurers' checks and cash let-
ters of credit and travelers' checks out-standing
Deposits not classified
Total depositsBills payable and rediscounts...Agreements to repurchase securities soldAcceptances executed for customersInterest, taxes, and other expenses accrued
and unpaidOther liabilitiesCapital notes and debenturesCapital stockSurplusUndivided profits, netReserves for contingenciesRetirement fund for preferred stock, capi-
tal notes and debentures
Total . .
7,363,0004,248,970
34,6771,001,867
771,20776,929
13,496,650172, 500
1,9108,628
16,1411,057,788
995, 5551, 684,184
200,1022 69, 202
17,702, 660
16, 860,990
6, 493, 3834,157,143
122,9921,452, 777
480, 63113,106
12,720,032109, 631285, 046442,099
7,113394,312
967,4321,620, 525
186,8962 127,904
16,860,990
1932 (1,235banks)
5,901,3385,796
4, 202,012434, 93598,121
156, 397
891,902427,646
475,819524,864
13,118,830
5, 285,3552,988,301
127,2561,028,976
280,6013,511
9,714,000238,984
2,000212, 367
5,877394, 716
894,0561, 343, 982
123,7612189,087
13,118,830
1933 (1,029banks)i
4,733,8094,572
4,426,941362, 557119,772126,050
798,999503,758
476,014443, 868
11,996, 340
4,874,4812, 588,093
311,0731,052,085
323, 60118,587
9,167,920134, 296
4,800187,889
21, 055307,975
793,6511,009,604
168,814200, 336
11,996,340
1934 (994banks)1
4, 625, 7533,495
4, 786, 651246, 969156, 855118,641
1,228,159633,810
228, 727426,244
12,455,304
5,087, 3302, 667,150
666,7731, 283,093
114,90124, 353
9,848,60057,329
585108,195
23,587175,101161,155809,879926,422146,950202,467
34
12,455,304
1 Licensed banks; i. e., those operating on an unrestricted basis.2 Includes reserves for dividends.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
EEPORT OP THE COMPTROLLER OP THE CURRENCY 121
The assets and liabilities of stock savings banks June 30, 1930 to1934, are shown in the following statement:
Assets and liabilities of stock savings banks, June 1930 to 1934
[In thousands of dollars]
ASSETS
Loans and discounts (including rediscounts).OverdraftsInvestments __Banking house, furniture and fixturesReal estate owned other than banking house-Cash in vaultReserve with Federal Reserve banks or
other reserve agentsDue from banksExchanges for clearing house and other cash
itemsOther assets..
Total —
LIABILITIES
Demand depositsTime deposits (including postal savings)United States depositsDue to banks..Certified and cashiers' checks and cash let-
ters of credit and travelers' checks out-standing .
Deposits not classified _
Total deposits...^Bills payable and rediscountsAcceptances executed for customersInterest, taxes, and other expenses accrued
and unpaidOther liabilities .Capital notes and debenturesCapital stock. . . .SurplusUndivided profits—netReserves for contingenciesRetirement fund for preferred stock, capital
notes and debentures
TotaL.
1930 (714banks)
919,318187
378,93341,10521,79916,018
89, 24746,925
3,5134,064
1, 521,109
128,3041,260,852
2,8126,308
64018
1,398,9344,045
5211,201
60,33640,66613,320
2 2,086
1, 521,109
1931 (654banks)
761,320165
365,91232, 75321, 44414, 738
75, 84644, 695
3,0951,433
1, 321, 401
114,1951, 085, 008
3,8066,175
349566
1,210,0994,223
457975
51,85539,39911,980
2 2,413
1, 321,401
1932 (502banks)
591,99893
350, 57326, 73321,73514,175
54, 35926, 731
2,0181,817
1, 090, 232
80, 406893,896
2,6994,265
2912
981,55917,113
705722
43,96433, 7728,861
2 3, 536
1,090,232
1933 (219banks) J
444,94216
309,34718,68920, 25010, 655
45, 79425, 305
2,1681,713
878,879
43, 756751,607
8,3662,268
212
806,20b5,412
446718
30,86326,144
5,3633,724
878,879
1934 (316banks) l
397,08923
353,34118,83324, 7989,586
54,85941, 585
2,3783,458
905,950
76,162732, 596
10, 5994,874
770
825,001436
368757
1,35044, 52619,2555,1099,147
1
905,950
1 Licensed banks; i e., those operating on an unrestricted basis.2 Includes reserves for dividends.
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Number of active stock savings banks, number of savings depositors, savings deposits, and average deposit account, by States, June 80,1983 and 1934
Location
New JerseyDistrict of Columbia.
Total Eastern States.
Alabama -.
Michigan.Iowa.
Total Middle Western States.
Nebraska
California..UtahArizona
Total Pacific States..
Total United States.
1633 1934
Numberof
banksDeposi-
tors^
39,80240, 690
80, 492
100, 000
3193
196 i
18,11297, 465
115, 577
219
3,595
1, 016, 61650, 42611,849
1,078,891
1, 378, 555
Deposits 2Averagedue eachdepositor
Averagerate of
interestpaid
Numberof
banksDeposi-
tors i Deposits 5Averagedue eachdepositor
$26,344,000 |7,717,000 i 189. 65
Percent3.503.50
34, 061, 000 423. 16
40,158 ! $26, 828, 00047. 472 ! 9,157, 000
35,985,000 |87, 630
2, 219, 000 22.19 46, 281
12, 393, 00044, 342, 000
684. 24454. 95
3.00 t3.00 I
18,613282 j 3 144; 548
56,735,000 I 490.88
1,017,000 I 282.89 j 3.00
592,474,00015,207,0003,876,000 I
582.301.327.
7957 !12 !
3.503.003.00
611,557,000 566. 84
705,589,000 I 511.83 !.
285 j 163,161
192,
410. 65
2, 257, 000
13,444,00059. 413, 000
72, 857, 000
3,513 i 1,044,000
928, 792 \* 5564, 349, 00043, 965 13. 515, 000
9, 704 4, 254, 000
982,461 I 582,118,000
18.77
722. 29411. 03
446. 53
297. 18
607. 62307. 40438. 38
592. 51
316 1,283,046 | 694,261,000 I 541.10
Averagerate of
interestpaid
Percent3.00
toto
2.75 o
2750 g
H
2.50 £}
3.50 H3.00 &2.50
O* j
1-3
w1 Represents number of savings passbook accounts.2 Represents deposits evidenced by savings passbooks and time certificates of deposit.3 Estimated.* Includes savings deposits of departmental banks.8 Includes certified and cashiers' checks.
od
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REPORT OF THE COMPTROLLER OF THE CURRENCY 123
The assets and liabilities of mutual savings banks June 30, 1930 to1934, are shown in the following statement:
Assets and liabilities of mutual savings banks, June 1930 to 19&41
[In thousands of dollars]
ASSETS
Loans and discounts (including redis-counts) ___
OverdraftsInvestmentsBanking house, furniture, and fixturesReal estate owned other than banking
houseCash in vaultReserve with reserve agentsDue from banksExchanges for clearing house and other
cash items.Other assets
1930 (606 I 1931 (600banks) i banks)
5,896,0232
3,872, 417113,162
44, 24334, 40425,856
234,713
1,77972, 709
6, 051,133
Total.. 10, 295, 308
LIABILITIES
Demand deposits ___ ; 10,305Time deposits (including postal savings).— 9, 205, 258Due to banks ! 173Certified and cashiers' checks, cash
letters of credit and travelers' checksoutstanding j 152
Deposits not classified
Total depositsBills payable and rediscountsInterest, taxes, and other expenses accrued
and unpaidOther liabilitiesCapital notes and debenturesSurplusUndivided profits—net .Reserves for contingencies
Total
9,215,888673
6389, 458
3 898,871154, 623* 15,157
10, 295, 308
4, 475,169123, 373
65, 43238, 22933,566
320, 619
1,85282, 415
1932 (594 j 1933 (576banks) j banks) 2
6,140, 5562
4,194, 572134,442
I127,53855,99435,646 i349,158
2,436 I93,798 j
5, 941, 048
4,103,176138, 252
253, 48262, 78145, 419319,100
1,240102, 645
11,191, 788 | 11,134,142 j 10,967,143
3,718 I10,031,124
453
36
3,35110, 035, 423
92
10,035,3314, 528
1, 6619,557
10, 039, 01817, 477
60425, 661
3 968,121165, 4174 7,173
3 890, 026153, 222* 8,134.
11, 191,788 I 11, 134, 142
3,1329, 709, 861
113
12620
9, 713, ?M16, 271
3,15824, 706
3 1, 054, 370144, 68710, 699
10, 987,143
1934 (578banks) 2
5,647,3082
4, 256, 662138, 021
378, 76253, 33261, 428
397, 371
2,239129,943
11,065, C
2, 5269, 777, 405
132
1818
9, 780,0996,369
1, 64813, 75228,690
31, 073,107144, 35317,050
11, 065,068
1 Includes 1 stock savings bank.2 Licensed banks; i. e., those operating on an unrestricted basis, together with banks having limitations
on deposit withdrawals in one State.3 Includes capital stock of $10,200 for 1 stock savings bank.* Includes reserves for dividends.
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Number of active mutual savings banks, number of savings depositors, savings deposits, and average deposit account, by States, June 30, 1983and 1934
Location
MaineNew Hampshire -VermontMassachusetts . . . .Rhode IslandConnecticut _ . . .
Total New England States
New YorkNew Jersey -Pennsylvania 5
DelawareMaryland
Total Eastern States
Ohio . . -Indiana ._WisconsinMinnesota
Total Middle Western States
WashingtonOregonCalifornia- _
Total Pacific States
Total United States
1933
Numberof banks
' 3 23 503 19
3 1919
75
376
3 1392582
10
184
3422
11
311
5
576
Depositors i
218, 245265,655122, 279
2,806, 667187, 296907,152
4, 507, 294
6,272,371487, 536630,34748,307
299,345
7, 737,906
146, 67026,9353,902
92,512
270,019
97,101187
71, 281
168,569
12, 683,788
Deposits 2
$117,049,000* 175, 737,000
77,879,0002,042, 624, 000
170, 675, 000652,109,000
3, 236,073, 000
5,134,980,000304,374,000500,204,000
27,817,000176,184,000
6,143, 559,000
107,705,00016,446,0001,878,000
57, 693,000
183,722,000
46,767,00034,000
89,354,000
136,155,000
9, 699,509,000
Averagedue eachdepositor
$536.32661. 52636.90727. 77911.26718.85
717. 96
818. 67624. 31793.54575.84588. 57
793.96
734.34610. 58481.29623. 63
680.40
481. 63181.82
1, 253. 55
807. 71
764. 72
Averagerate of in-terest paid
Percent3.753.633.004.744.014.13
3.503.483.774.503.00
3.003.003.003.50
4.004.003.50
Numberof banks
3 334819
1939
73
375
1382582
13
186
73531
12
311
5
578
Depositors *
229,410280,846116,117
2,834,457188,088962,665
4, 611,583
6,463,196488,867644,92249,200
6 343,749
7,989,934
161,94827,48920,65095,612
305,699
99,134266
70,495
169,895
13,077,111
1934
Deposits 2
$118,350,000* 182,814,000
75,388,0002,045,087,000
169,543,000661,173,000
3, 252, 355,000
5,139, 593,000308, 996,000512,109,000
28, 738,000195,018,000
6,184,454,000
108, 672,00017,925,0004, 220,000
60,157,000
190,974,000
49,169,00071,000
87,573,000
136,813,000
9, 764, 596,000
Averagedue eachdepositor
$515.89650. 94649. 24721.51901.40686.81
705.26
795.21632.06794.06584.11567.33
774.03
671.03652.08204.36629.18
624. 71
495.99266.92
1,242.26
805.28
746. 69
Averagerate of in-terest paid
Percent3.003.283.004.743.003.82
3.003.003.774.503.00
3.003.002.502.50
3.004.003.50
1 Represents number of savings passbook accounts.2 Represents deposits evidenced by savings passbooks and time certificates of deposit.8 Includes banks having limitations on deposit withdrawals.4 Includes deposits of 10 guaranty savings banks in 1933 and 11 in 1934.5 Includes returns from 1 stock savings bank.6 Dec. 30,1933.7 June 25, 1934.
to
1
aog
t
od
513
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REPOET OF THE COMPTROLLER OP THE CURRENCY 125Number of savings banks {mutual and stock) in the United States, number of savings
depositors, amount of savings deposits, and average amount due each depositorJune SO, 1914 to 1934, inclusive 1
[For prior years, see annual report for 1920, vol. 1, pp. 236-242]
Year
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
1926—Mutual savings banks..Stock savings banks
1927—Mutual savings banks..Stock savings banks
1928—Mutual savings banks.Stock savings b a n k s —
1929—Mutual savings banks.Stock savings banks
1930—Mutual savings banks.Stock savings banks
1931—Mutual savings banks.Stock savings banks
1932—Mutual savings banks.Stock savings banks
1933—Mutual savings banks.Stock savings banks
1934—Mutual savings banks.Stock savings banks—
Banks
6341,466
6301,529
6221,242
6221,185
6251,194
6221,097
6201,087
6231,084
6191,066
6181,029
613990611972620904618843616791611747606714600654594502576219578316
Depositors 2
8, 274,4182,228,0208,305,5622, 380, 4968, 590, 7462,297,9118,935, 0552, 431,9589, 011, 4642, 368, 089
2, 486,0739, 455,3271,982, 2299, 619, 2602,464, 2659,665,8612,883,136
10,057,4363, 282,897
10,409,7763, 562,017
10,616,2154,040,312
11,053,8864,107,913
11,337, 3983, 476,873
11,732,1433,272, 415
11, 748, 0852, 295, 529
11,895,0752,207, 519
12,356,1141,918, 578
12, 521, 7501, 617, 737
12,683, 7881,378, 555
13,077, 1111, 283,046
Deposi ts 3
$3,915,143, 400835,448,768
3,946, 069,043856,546, 005
4,135,552, 045854,235,985
4, 340,805, 483960, 742, 593
4, 344,166, 6061,006,406,9274, 723, 629, 0001,128, 331,0005,172, 348,0001, 319, 654, 0005, 395, 552,0001, 363, 451, 0005,686,720,0001,384,004,0006, 282, 618,0001,428, 883,0006,686,366,0001, 543,245, 0007,139, 510, 0001,790, 514,0007,558,668,0001, 746, 642, 0008,054,868,0001,453, 035,0008,665, 592,0001,338,011,0008,890, 790,0001, 227, 035,0009,190,969,0001,166,192,000
10,017, 225, 0001, 022, 085, 000
10,021,852, 000832, 536, 000
9, 699, 509,000705,589,000
9, 764, 596, 000694, 261,000
Averagedue eacndepositor
$473.16374.97475.11359.82481. 40371.74485.82395. 05482. 07424. 98527.85453.86547.61665, 74560.91553.29588.94480.03624. 67435. 25642.32433. 25672.51443.16683.80425.19710.47417.91738.62408.88756.79534.53772.6f:
528. 28810.71532.73800.36514. 63764. 72511.83746.69541.10
1 Revised.2 Represents number of savings passbook accounts.3 Represents deposits evidenced by savings passbooks and time certificates of deposit.* Includes estimated returns of 106 banks in California. (See p. 141, Comptroller's Report for 1921.)
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126 REPORT OF THE COMPTROLLER OF THE CURRENCY
The assets and liabilities of private banks June 30, 1930 to 1934, areshown in the following statement:
Assets and liabilities of private banks, June 1930 to 1934[In thousands of dollars]
ASSETS
Loans and discounts (including rediscounts).OverdraftsInvestmentsBanking house, furniture and fixturesReal estate owned other than banking house.Cash in vaultReserve with reserve agentsDue from banksExchanges for clearing house and other cash
itemsOther assets
Total..
LIABILITIES
Demand depositsTime deposits (including postal savings)United States depositsDue to banksCertified and cashiers' checks and cash
letters of credit and travelers' checks out-standing
Deposits not classified
Total depositsBills payable and rediscountsAgreements to repurchase securities soldAcceptances executed for customersInterest, taxes, and other expenses accrued* and unpaid___Other liabilitiesCapital stockSurplusUndivided profits—netReserves for contingencies
Total..
1930 (361banks)
65,173294
21, 7493,2166,3252,0632,351
10,086
5192,830
114, 606
34, 68543, 789
2361,371
81,04710,483
122
305,7698,5947,1271,466
3 67
1931 (284banks)
44,368213
16,9342,9573,3011,656.1,5798,519
2262,392
82,145
27, 53931, 544
398
30
59,5995,348
114, 606
343,7866,8425,1781,2513 107
82,145
1932 (227banks)
28,363131
12, 5092,2782,4971,1851,1625,301
1211,871
55,418
19, 06221,377
167
Jfi, 6751,235
132,9695,5294,024
8513 119
55,418
1933 (184banks) 1
22,738109
9,9861,1882,9371,2821,3795,765
1471,382
46,913
19,05510, 844
65
322,771
82, 767818
763,2184,8633,325857
46,913
1934 (236banks) 1»
128,1954,287
259, 2978,1994,7962,31649,28738,554
55437,187
532,672
240,57284,021
1742, 775
28155
367,72113,445
29,343
3106,75255, 60749,6362,4797,379
532,672
1 Licensed banks; i. e., those operating on an unrestricted basis.2 Figures for 1934 revised since published in text edition of the report due to the fact that amended figures
were subsequently obtained for private banks in the State of New York.3 Includes reserves for dividends.
Section 21 (a) of the Banking Act of 1933 provides, in part, thatafter June 16, 1934, it shall be unlawful for any person, firm, corpora-tion, association, business trust, or other similar organization, other thana financial institution or private banker subject to examination andregulation under State or Federal law, to engage to any extent what-ever in the business of receiving deposits subject to check or to repay-ment upon presentation of a passbook, certificate of deposit, or otherevidence of debt, or upon request of the depositor, unless such person,firm, corporation, association, business trust, or other similar organ-ization shall submit to periodic examination by the Comptroller of theCurrency or by the Federal Keserve bank of the district and shallmake and publish periodic reports of its condition, exhibiting in detailits resources and liabilities, such reports to be made and published atthe same times and in the same manner and with like effect and penal-ties as are now provided by law in respect of national banking asso-ciations transacting business in the same locality. Section 21 (b) ofthe act provides a penalty of $5,000 or imprisonment for not morethan 5 years, or both, upon conviction of any person who shall willfullyviolate section 21 (a).Digitized for FRASER
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REPORT OF THE COMPTROLLER OF THE CURRENCY 127
As of June 30, 1934, there were 131 private banks affected by thisact which elected to submit to periodic examination as prescribed bythe statute. Eighty-five of the banks elected to be examined by theFederal Reserve bank and the remainder, or 46, had either electedto be examined by the Comptroller or correspondence was pending witha view to obtaining from such banks which agency they elect to exam-ine them. The banks were located in 9 States, as follows: Alabama1, Arkansas 4, Florida 3, Georgia 42, Iowa 14, Michigan 27, NewYork 1, Pennsylvania 6, and Texas 33.
Statements of their assets and liabilities as of June 30, 1934, areincluded in the foregoing tabulation with respect to all private banksin the country as of that date, and summaries of their returns classi-fied by States are published in the appendix of this report.
BANKS IN DISTRICT OF COLUMBIA
The statement following shows the amount of assets and liabilitiesof licensed banks in the District of Columbia, by classes, on June 30,1934:
Statement of assets and liabilities of licensed banks in the District of Columbia, byclasses, June SO, 1984
fin thousands of dollars]
I Total all! banks
Number of banks _
ASSETSLoans and discounts:
Commercial paper bought in open marketLoans to banks and trust companies:
All otherLoans on securities, exclusive of loans to banks: I
To brokers and dealers in securities in New York City.!To brokers and dealers in securities outside New York j
City iTo others
Real estate loans, mortgages, deeds of trust, and other lienson real estate:
On farm land _On other real estate
Reporting banks' own acceptances purchased or dis- icounted j
All other loans j
Total
1,411
8
3,200
11829, 347
4623, 576
30,951
88, 657
Overdrafts _. 33United States Government securities: \
Bonds (including bonds deposited to secure circulation)..-! 59,316Treasury notes J 13,362Certificates of indebtedness 2,604Treasury bills
Total. 75, 282
Other bonds, stocks, and securities, etc.:Obligations of—
Federal Farm Mortgage Corporation..Home Owners' Loan Corporation
42684
Total securities, other than direct obligations, guar-anteed by U. S. Government as to interest and/orprincipal _-_.__
Nationalbanks
Trustcom-
panies
969 L
2,400 !
82 | 3615,177 j 11, 703
44 i2, 455 18, 244
Savingsand State
banks
442
8
2, 4f>7
2,877
21,623 4,979
42,750 ! 35,762
18 13
41, 441 17,1427, 748 4, 6492,070 500
4,349
10,145
73396534
51,259 I 22,291 \ 1,732
20 !290 ;
310
275
275
22lift
14!
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128 REPORT OF THE COMPTROLLER OF THE CURRENCY
Statement of assets and liabilities of licensed banks in the District of Columbia, byclasses, June 30, 1934—Continued
[In thousands of dollars]
ASSETS—continued
Other bonds, stocks, and securities, etc.—Continued.Obligations of Federal land and intermediate credit banks..Stock of Federal Reserve bankObligations of States, counties, districts, political subdi-
visions, and municipalitiesObligations of Territorial and insular possessions of the
United States _ .-_Obligations of joint-stock land banksBonds, notes, and debentures (not including stock) of
other domestic corporations:RailroadsPublic utilities. __ _Real estate corporationsOther domestic corporations
Stock of other domestic corporations:Real estate corporations.. -- --Banks and banking corporations. __Other domestic corporations
Foreign securities:Obligations of foreign central governments _Obligations of foreign provincial, State, and municipal
governments _Other foreign securities.—
Total miscellaneous bonds and securities not guar-anteed by United States Government
Total miscellaneous bonds and securities.Customers' liability on account of acceptancesBanking house, furniture and fixturesReal estate owned other than banking houseReserve with reserve banks
Cash:Gold certificatesAll other cash in vault.
Total.Due from banks:
Items with Federal Reserve bank in process of collection. __Due from member banks in the United StatesDue from nonmember banks in the United StatesExchanges for clearing house and other checks on local banksBalances payable in dollars due from foreign branches of
other American banksBalances not subject to immediate withdrawal, on deposit
with banks and trust companies in the United StatesBalances on deposit with banks and bankers in foreign
countries,.
Total.
Outside checks and other cash itemsRedemption fund and due from United States Treasurer..Other assets
Total.
LIABILITIESDemand deposits:
Deposits subject to check (except those of other banks, theUnited States Government, and States, counties, schooldistricts, or other subdivisions or municipalities)
Certificates of depositOther demand depositsPublic funds of States, counties, school districts, or other
subdivisions or municipalities
Total.
Time deposits, including postal savings:Other time deposits:
Deposits evidenced by savings pass books..Certificates of depositChristmas savings and similar accountsOpen accounts
Total allbanks
4,849750
3,447
4,2655,856
1233,301
3,04851
246
284405
27, 367
28,0937
15,7195,314
29,342
7,827
3,22921,421
1584,866
3
85
87
37,677
518133
1,210
281,985
113,470861
5,499
49
119,879
1,6972,1861,334
Nationalbanks
3,108462
1,557
520
1,6062,451
101,416
1191152
132
92230
11, 271
11,5817
6,2941,082
20,274
15,048
5,049
2,18814, 250
119
3,220
1
43
1824,888
232133398
158,916
67,733411
3,780
71,973
41,1351,209
833797
Trustcom-
panies
1,524
1,748
352
2,1922,811
951,444
2,80439
227
85
169
13, 551
13,826
8,2063,994
2,221
2,221
8756,413
34
1,096
2
40
6710,748
Savingsand State
banks
243
759 ;
102,678
3951,714
41,205
35,649445736
217
142
467594
18441
1251
401
29
2387
2, 545
2,686
1,219238
2,232
558
558
166758
5550
2,041
43
53
20,391
6,641555
6,701
9,11443
617537Digitized for FRASER
http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OP THE COMPTROLLER OF THE CURRENCY 129
Statement of assets and liabilities of licensed banks in the District of Columbia, byclasses, June 30, 1934-—Continued
[In thousands of dollars]
LI A E ILITIE s—continued
Time deposits, including postal savings—Continued.Public funds of States, counties, school districts, or other
subdivisions or municipalities uPostal savings deposits .Deposits of other banks and trust companies located in:
United States .._ __ _
Total
United States Government deposits _
Due to banks, including certified and cashiers' checks, and cashletters of credit and travelers' checks outstanding:
Due to Federal Reserve Bank (deferred credits)Due to other banks and trust companies in United States..Due to banks in foreign countriesCertified and cashiers' checks, including dividend checks,
outstandingLetters of credit and travelers' checks sold for cash and out-
standing _
Total
"Total depositsSecured by pledge of loans and/or investments. _Not secured by pledge of loans and/or investments
Circulating notes outstanding _Agreements to repurchase United States Government or other
securities soldBills payableRediscounts __ _ _ _.Acceptances executed by other banks for account of reporting
banks _ __Interest, taxes, and other expenses accrued and unpaidOther liabilities .Capital notes and debenturesCapital stock __ _Surplus.. . _Undivided profits, netReserves for contingencies
Total .
Memoranda:Par value of capital stock:
PreferredCommon
Total
Loans and investments pledged to secure liabilities:United States Government securitiesOther bonds, stocks, and securitiesLoans and discounts (excluding rediscounts)
Total ._
Pledged:Against circulating notes outstandingAgainst United States Government and postal-savings
depositsAgainst public "funds of States, counties, school dis-
tricts, or other subdivisions or municipalitiesAgainst deposits of trust departmentAgainst other deposits __ ...With State authorities to qualify for the exercise of
fiduciary powersFor other purposes
Total .
Total allbanks
5101,367
102
93,094
3,271
2,13915,860
261
1,601
28
19,889
236,13310,204
225,929
2,852
21100134
7710886
1,85019,98513,1754,4121,720
281, 985
1,50018,485
19,985
16,0971,593
17,690
2,867
5,452
5501,2574,897
2,57790
17, 690
Nationalbanks
5101,357
77
45,918
3,223
1,87914,162
213
1,042
23
17,319
138,4339,840
128, 593
2,852
729136
9,4504,8502,352
645
158, 916
1,5007,950
9,450
15,0091,409
16,418
2,867
5,353
5501,0144,684
1, 9419
16,418
Trustcom-
panies
36,830
2601,630
48
444
5
2,387
80,422195
80,227
21
134
325844
1,0009,4007,7001,901
931
102,678
9,400
9,400
922141
1,063
243130
63654
1,063
Savingsand State
banks
10
25
10, 346
48
68
115
183
17,278169
17,109
166
946
8501,135
625159144
20, 391
1,135
1,135
16643
209
99
83
27
209
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130 REPORT OF THE COMPTROLLER OF THE CURRENCY
The assets and liabilities of banks in the District of Columbia June30, 1930 to 1934, are shown in the following statements:
Assets and liabilities of national banks in the District of Columbia June 80, 1930-84[In thousands of dollars]
Loans and discounts, including rediscounts __Overdrafts _ _.InvestmentsCustomer's liability account of acceptancesBanking house, furniture, and fixtures—Real estate owned other than banking houseReserve with Federal Reserve banksCash in vaultDue from banksOutside checks and other cash itemsRedemption fund and due from United States Treas-
urerSecurities borrowedOther assets
Total.LIABIL1TIES
Demand depositsTime deposits, including postal savings..United States deposits..Due to banks 2
Total, depositsNational-bank notes outstandingAgreements to repurchase United States Government
or other securities soldBills payable and rediscountsAcceptances executed by other banks for account of
reporting banksSecurities borrowedInterest, taxes, and other expenses accrued and un-
aidpai<Other liabilitiesCapital stock..SurplusUndivided profits, netReserves for contingencies.
1930—12banks
88,65827
36,631
10,7401,5519,5082,879
19,904470
243335
1,948
172,894
71,41453,9261,732
14,431
141,5034,905
2,053200
335
44147
10, 7758,6252,993
3 1,017
Total _..i 172,894
1931—12banks
81,282 j20
51,32415
11,1472,2689,9074,85425,194
528
211 i680 i
1,360
1932—12banks
71,20223
60,46039
11,3092,9509,7964,21716, 371
542
221570
1,398
1933—8banks *
188,790 179, C
75,47962,141
1,71318,019
157,8524,188
1,659200
15
47850
11,1758,7253,2963 972
188,790
66,62164,047
1, 50114, 601
146,7704,389
383,361
570
51592
11,1758,7252,6043 820
179,098
41,37514
57,48111
6,2831,002
11,0385,867
18, 240355
221
~152"
142,039
62,90842,1102,329
14,418
121, 7654,413
87
26299
6,9505,1002, 549
142,039
1934—9b a n k s }
42,75018
62,8407
6,2941,082
20, 2745,049
19,839232
133
158,916
71,97345,9183,22317, 319
188,4332,852
29136
9,4504,8502,352645
158,916
i Licensed banks: i. e., those operating on an unrestricted basis.? Includes certified and cashiers' checks and cash letters of credit and travelers' checks outstanding.3 Includes reserves for dividends.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OP THE CURRENCY 131
Assets and liabilities of loan and trust companies in the District of Columbia June30, 1980-84
[In thousands of dollars]
ASSETS
Loans and discounts, including rediscounts -Overdrafts _InvestmentsBanking house, furniture and fixtures _Real estate owned other than banking house _ . .Reserve with Federal Reserve and other reserve banksCash in vault _Due from banksOutside checks and other cash itemsOther assets __ - -
Total
LIABILITIES
Demand depositsTime deposits, including postal savingsUnited States deposits - -Due to banks 2
Total depositsAgreements to repurchase United States Govern-
ment or other securities soldBills payable and rediscounts^Interest, taxes, and other expenses accrued and un-
paidOther liabilitiesCapital notes and debentures.Capital stockSurplusUndivided profits, net _ -Reserves for contingencies
Total
1930—6 banks
56,06014
22,1409,994
868
1,56512,819
509397
104,366
46, 75029, 589
4312,493
79,263
388456
275837
10,4009,9502,4733 324
104, 366
1931—5 banks
46,53219
31,0036,9911,300
2,37912, 251
3701,326
102,171
44, 67429, 637
2103,120
77,641
1,091
291893
9,4009,7502,7683 337
102,171
1932—5 banks
41,3188
31,1778,1932,975
3,6717,518
312726
95,898
38, 55131, 655
22,277
72,485
306871
9,4009, 7502,6873 399
95, 898
1933—5 banks *
37,63012
29,4958,2953,6925,9323,5399,225
180500
98, 500
41, 63132, 232
2,708
76,571
306802
9,4007,7002,0331,688
98,500
1934—5 banks
35,76213
36,1178,2063,9946,8362,2218,527
243759
102,678
41, 20536,830
2,387
80,422
21134
325844
1,0009,4007,7001,901
931
102,678
1 Licensed banks; i. e., those operating on an unrestricted basis.2 Includes certified and treasurers' checks and cash letters of credit and travelers' checks outstanding.3 Includes reserves for dividends.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
132 REPORT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of savings and State banks in the District of Columbia June SO,1930-84
[In thousands of dollars]
ASSETS
Loans and discounts, including rediscounts...Overdrafts ._ -InvestmentsBanking house, furniture and fixturesReal estate owned other than banking house..Reserve with reserve banks._Cash in vaultDue from banksOutside checks and other cash itemsSecurities borrowedOther assets
Total..
LIABILITIES
Demand depositsTime deposits, including postal savings..United States depositsDue to banks 3 _
Total deposits.-Bills payable and rediscountsSecurities borrowed _ _Interest, taxes, and other expenses accrued and un-
paid _Other liabilitiesCapital notes and debentures.-Capital stockSurplusUndivided profits, net ._Reserves for contingencies.-.
Total..
1 9 3 0 -22 banks
31,9349
7,3062,691
729
1,1163,411
63
165
47,424
15,04025, 695
465
41,200352
16324
2,7531,904
859*169
47, 424
1931—22 b a n k s
30,4364
8,8632,693
866
1,1994,948
6130
119
49,219
15, 77127,123
20390
43,8046030
16148
2,7531,827
8404 196
49, 219
1932—22 banks
27,9859
2,8021,004
1,0203,182
22
136
45,140
13, 30825,032
5380
88,725933
2,7531,743
579* 150
45,140
1933—7 banks1
10,0251
3,0241,243
230
5722,017
18
25
17,155
5,0489,395
3173
230
1212
1,000965203
87
17,155
1934—7 banks l
10,1452
4,4181,219
238* 2, 232
5581,483
43
53
20,391
6,70110,346
48183
17,278100
946
8501,135625159144
20, 391
Note—Does not include the 2 export-import banks.i Licensed banks: i. e., those operating on an unrestricted basis.* Required under Act approved Mar. 4, 1933.s Includes certified and cashiers' checks and cash letters of credit and travelers' checks outstanding.4 Includes reserves for dividends.
Number of depositors and amount of deposits in licensed banks inDistrict of Columbia, October 25, 1933
In a supplemental report for October 25, 1933, banks in the Districtof Columbia were requested to render statements showing the numberof depositors and the amount of deposits according to size and classof deposit balances, for information in connection with a study beingmade with respect to the Temporary Federal Deposit InsuranceFund which became effective January 1, 1934.
There is shown below a summary of the returns made for each classof banks in the District of Columbia as of the date indicated:
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 133
Number of depositors and amount of deposits in licensed banks in the District ofColumbia, grouped according to size and class of deposit balances, Oct. 25, 1938 l
[Amounts in thousands of dollars]
Size and class of deposit balances
Deposits not exceeding $2,500:State, county, and municipal funds..United States Government deoositsPostal SavingsDeposits of other banksCertified and cashiers' checks and
cash letters of credit outstanding...Other deposits—active accountsOther deposits—dormant accounts.._
Total
Number of depositors
Totalall
banks
1
381
6,874289, 33096,036
392, 622
Deposits over $2,500 but not exceeding$10,000: 1
State county and municipal funds 2United States Government depositsPostal SavingsDeposits of other banks . . .Certified and chashiers' checks and
cash letters of credit outstandingOther deposits—active accounts.Other deposits—dormant accounts...
Total
Deposits over $10,000 but not exceeding$50,000:
State, county, and municipal funds..United States Government depositsPostal SavingsDeposits of other banksCertified and cashiers' checks and
cash letters of credit outstandingOther deposits—active accounts.Other deposits—dormant accounts
Total
Deposits over $50,000:State, county, and municipal funds. _United States Government depositsPostal SavingsDeposits of other banksCertified and cashiers' checks and
cash letters of credit outstandingOther deposits—active accountsOther deposits—dormant accounts,.
Total . . . .
Recapitulation:State, county, and municipal fundsUnited States Government depositsPostal SavingsDeposits of other banksCertified and cashiers' checks and
cash letters of credit outstandingOther deposits—active accountsOther deposits—dormant accounts.. .
Total _
Number of banks
60
389,140
102
9,342
Na-tionalbanks
338
5, 349127,86929,979
163, 536
2
48
244,761
™4.871
Trustcom-
panies
1
41
1,037103,32448,718
153,120
9
133,745
57
3.824
85
31,784
5
1,878
1
71
3471
420
5
597
6, 915300, 60196,144
404, 262
21
73
31,051
1
1,129
1
60
2221
284
5
519
5,376133,90330,017
169, 820
11
6513
665
10
120
130
71
1, 050107,84048, 778
157, 739
9 5
Savingsand
Statebanks
2
48858,13717, 339
75,966
3
1634
9
647
1
821
84
1
5
6
7
48958,85817, 349
Amount of deposits
Totalall
banks
2
62
30864, 350
1,501
66, 223
13
336
17341,651
445
42, 618
Na-tionalbanks
2
53
17430,101
468
30, 798
13
269
11821, 766
153
22. 319
Trustcom-
panies
8
11226,004
863
26,987
50
5216, 776
249
17.127
2135
1682, US
6733, 918
107
36, 464
5002,9182,646
10, 924
53,4151,500
211380:
1, 772
6720,171
25
22, 149
Savingsand
Statebanks
1
228,245
170
8,438
17
33,109
43
3,172
22HH
332| 44
12, 04161
12. 434
1, 70621
1.881
5002,9182,32]9,147
37, 2561,500
71,903 53,642
536 5362,9532,814
13, 470
548193,334
3,553
76, 703 217, 208
7
2, 9312,401
11,241
359109, 294
2,146
128, 908
! H251,677
15,512
17,189
2, 067
16470, 333
1,173
73, 737
100
647
1,072
22413162
2513,707
234
14, 563
1 See summary showing a similar statement covering all national banks in the country as of the samedate, published on pp. 158-160. The summary referred to includes an explanation of the basis whichbanks were instructed to follow in rendering their reports.
106093—35 -10Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
134 REPORT OF THE COMPTROLLER OF THE CURRENCY
Earnings and dividends of banks other than national in District ofColumbia
The following statement shows comparative figures concerning theearnings and dividends of banks other than national in the Districtof Columbia for the years ended June 30, 1934 and 1933:
Earnings and dividends of licensed trust companies and savings banks in the Districtof Columbia x
[In thousands of dollars]
Common capital, par value2
Capital notes and debenturesSurplus 2 -
Gross earnings:Interest and discount on loansInterest and dividends on bonds,
stocks, and other securitiesInterest on balances with other
banksCollection charges, commissions,
fees, etcForeign department (except in-
terest on foreign loans, invest-ments, and bank balances)
Trust departmentService charges on deposit ac-
counts .Other earnings
Total. _
Expenses:Salaries and wagesInterest on deposits of other
banksInterest on other demand de-
posits _Interest on other time deposits...Interest and discount on bor-
rowed TT10Tl©yTaxesOther expenses
Total current expenses .Withdrawals from reserves for ex-
penses of previous periods accruedand unpaid (see detail on p. 125 ofreport for 1933)
Grand totalNet earnings _ _.
Recoveries, profits on securities, etc.:On loansOn bonds, stocks, and other se-
curities -Allother
Total
Total net earnings, recoveries,etc
Losses and depreciation:On loansOn bonds, stocks, and other se-
curitiesOn banking house, furniture and
fixturesOther losses and depreciation
Total current period
6 mD
5 trustcom-
panies
9,400
7,700
919
574
63
7263
23268
2,118
598
2514
3204341
1,662
456
28
2321
72
528
692
406
66149
1,313
onths enec. 31, 19
7 sav-ings
banks
1,000300650
331
55
2
23
2326
460
137
1130
102894
400
60
3
68
17
77
247
131
2722
427
ded33
12 totalbanks
10,400300
8,350
1,250
629
3
86
7263
46294
2,578
735
3644
13232435
2,062
516
31
2929
89
605
939
537
93171
1,740
6 months endedJune 30,1934
5 trustcom-
panies
9,4001,0007,700
868
617
1
51
6241
24310
2,118
612
45
458
195371
1,681
437
32
36920
421
858
330
86
6726
509
7 sav-ings
banks
1,135850625
321
69
22
2833
473
153
112
228
109
404
69
9
383
50
119
133
26
1336
208
12 totalbanks
10,5351,8508,325
1,189
686
1
73
6241
52343
2,591
765
45
570
2223480
2,085
506
41
40723
471
977
463
112
8062
717
Yearended
June 30,1934,
12banks
10,5351,8508,325
2,439
1,315
4
159
13504
98637
5,169
1,500
45
31,214
15455915
4,147
1,022
72
43652
560
1,582
1,402
649
173233
2,457
Yearended
June 30,1933,
12banks
10,400
8,665
3,220
1,553
62
197
10611
100594
6,347
1,744
25
2791,339
106539890
4,922
324
5,2461,101
24
19757
278
1,379
607
1,269
327252
2,455
i Excludes the 2 export-import banks.* Capital and surplus at end of period.Digitized for FRASER
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REPORT OF THE COMPTROLLER OF THE CURRENCY 135
Earnings and dividends of licensed trust companies and savings banks in the Districtof Columbia—Continued
[In thousands of dollars]
Withdrawals from reserves for depre-ciation of previous periods on realestate (see detail on p. 125 of reportfor 1933)
Grand total ._ . . _Net addition to profits ._DividendsInterest on capital notes and deben-
turesRatios:
Dividends to common capital2
percent-_Dividends to common capital and
surplus2 percent.-Net addition to profits to com-
mon capital2 percent. .Net addition to profits to com-
mon capital and surplus 2
percent. .
6 months endedDec. 31, 1933
5 trustcom-
panies
3785226
2.40
1.32
3 8. 35
3 4.59
7 sav-ings
banks
3 35029
2.90
1.76
3 35. 00
3 21. 21
12 totalbanks
•
3 1,135255
2.45
1.36
» 10, 9)
3 6.05
6 months endedJune 30, 1934
5 trustcom-
panies
349226
2.40
1.32
3.71
2.04
7 sav-ings
banks
3 8916
4
1.41
.91
3 7. 84
3 5. 06
12 totalbanks
260242
4
2.30
1.28
2.47
1.38
y o a r
ended
1934,12
banks
* 875497
4
4.72
2.64
3 8.31
3 4.64
ended
1933,12
banks
1,008
3 4633 2 084
808
7.77
4.24
s 20.04
3 10. 93
2 Capital and surplus at end of period.3 Deficit.
Building and loan associations in District oj Columbia
The assets of the 28 building and loan associations operating in theDistrict of Columbia under the supervision of the Comptroller of theCurrency on June 30, 1934, totaled $93,359,000 and exceeded by$5,009,000 the assets of these associations on June 30 a year ago.
The loans, which aggregated $84,946,000, showed an increase in theyear of $2,027,000. Installment payments on shares increased alsofrom $78,308,000 to $83,871,000.
Twenty-three of the associations operated on the permanent planand five on the serial plan. The total membership was 103,550, ascompared to 93,427 members a year ago, and of the total in thecurrent year the numbers borrowing and nonborrowing were 25,722and 77,828, respectively.
The statement following discloses the number of building and loanassociations in the District of Columbia, their aggregate loans, install-ments paid on shares, and total assets on June 30 each year 1914-34,(Summaries of the assets and liabilities of the individual associationsas of June 30, 1934, together with consolidated statements of assetsand liabilities and receipts and disbursements for the 6-month periodsended Dec. 31, 1933, and June 30, 1934, are published in the appendixof this report.)
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136 REPORT OF THE COMPTROLLER OF THE CURRENCY
[Figures for previous years published in report for 1931]
Years
June 3 0 —1914-1915-1916-1917-1918-1919-1920-1921-1922-1923-1924-1925-1926-1927-1928-1929-1930-1931-1932..1933-1934-
Numberof asso-ciations
202019192020212422232324222222222424262828
Loans
$18,582,15619,524,06520,186,66220,951,08921, 567,90423,654,00027, 398,00029,520,00033, 233,00036,157,00038,968,00042,482,00046,781,00050,940,00057, 505,00063, 566, 00068,143,00074,365,00081, 298,00082,919,00084,946,000
Installmentson shares
$17,113,89917,866,33718, 668,80819,413,26620,252,00522,463, 00025,373,00027,593,00030, 506,00032,858,00035,452,00038,653,00042,794,00047,887,00053,738,00058,916,00064,480,00070,244,00076,773, 00078, 308,00083,871,000
Total assets
$19,029,26020,655,61421,611,00722,264,00523,215,02725, 699,00029,322,00031,683,00034,879,00037,589,00040,467,00043, 977,00048,573,00043,829,00059,855,00065,964,00071,629,00077,992,00084,991,00088,350,00093,359,000
Credit Unions in District of Columbia
Since the enactment of this act, the following credit unions havebeen recommended for approval by this office and licensed by theDistrict Commissioners:
Adjutant General's Office Employees Credit Union of the Districtof Columbia, licensed March 25, 1933. License renewed June 12,1934.
Agricultural Employees Credit Union of the District of Columbia,licensed May 2, 1934.
Armour Washington Credit Union of the District of Columbia,licensed February 3, 1933. License renewed on February 19, 1934,
Department of Commerce Credit Union of the District of Columbia,licensed November 14,1932. License renewed on November 24, 1933.
Educational Employees Credit Union of the District of Columbia,licensed March 2, 1933. License renewed on March 19, 1934.
F. C. A. Employees Credit Union of the District of Columbia,licensed May 3, 1934.
F. E. U. Local 262 Credit Union of the District of Columbia,licensed November 25, 1932. License renewed on December 11, 1933.
F. E. U. No. 105 Credit Union of the District of Columbia, licensedNovember 29, 1932. License renewed on December 11, 1933.
F. E. U. No. 261 Credit Union of the District of Columbia, licensedJanuary 16, 1933. License renewed on January 15, 1934.
G. A. O. Employees7 Credit Union of the District of Columbia,licensed November 10, 1933.
In-Com-Co. Credit Union of the District of Columbia, licensedJanuary 16, 1933. License renewed on December 29, 1933.
Navy Department Branch of F. E. U. No. 2 Credit Union of theDistrict of Columbia, licensed January 19, 1933. License renewed onJanuary 20, 1934.
Navy Yard Credit Union of the District of Columbia, licensedMarch 27, 1933. License renewed on April 4, 1934.
Post Office Department Employees Credit Union of the District ofColumbia, licensed April 2, 1934.Digitized for FRASER
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REPORT OF THE COMPTROLLER OF THE CURRENCY 137
Railway Mail Service Credit Union of the District of Columbia,licensed October 17,1932, as of July 5,1932. License renewed Novem-ber 13, 1933. License renewed June 28, 1934.
St. Anthony's Parish Credit Union of the District of Columbia,licensed November 16, 1932. License renewed on December 19, 1933.
Standards Credit Union of the District of Columbia, licensedNovember 14, 1933.
Swift Employees Credit Union of the District of Columbia, licensedJuly 27, 1933. License renewed October 18, 1934.
Uniformed Fireman's Credit Union of the District of Columbia,licensed December 18, 1933.
Washington Postal Employees Credit Union of the District ofColumbia, licensed February 7, 1933. License renewed on April 23,1934.
Western Union Employees Credit Union of the District of Colum-bia, licensed January 7, 1933. License renewed on January 15, 1934.
Veterans Administration Employees Credit Union of the Districtof Columbia, licensed October 27, 1932. License renewed on Novem-ber 13, 1933.
Summaries of the assets and liabilities of the individual creditunions as of June 30, 1934, together with a consolidated statement ofassets and liabilities and receipts and disbursements for the 6 monthsended June 30, 1934, are published in the appendix of this report,
Export-Import banks in the District of Columbia
Pursuant to Executive orders dated February 2, 1934, and March9, 1934, which are quoted elsewhere in this report, two export-importbanks were established in the District of Columbia to commencebusiness in the year ended October 31, 1934. These banks wereincorporated under the provisions of title 5, chapter 9, section 261 ofthe Code of Laws of the District of Columbia.
The Export-Import Bank of Washington was authorized on Feb-ruary 16, 1934, to begin the business of banking with capital stock of$11,000,000, of which amount $10,000,000 was preferred stock takenby the Reconstruction Finance Corporation, and $1,000,000 commonstock taken by the National Recovery Association under section 220of the National Industrial Recovery Act. The par values of thepreferred stock of this bank is $1,000 per share and the par of thecommon stock $100 per share. The articles of association providefor dividends of 5 percent per annum on the preferred stock.
The Second Export-Import Bank of Washington, D. C. was author-ized on March 24, 1934, to begin the business of banking with capitalstock of $2,750,000, of which amount $2,500,000 was preferred stocktaken by the Reconstruction Finance Corporation, and $250,000common stock taken by the National Recovery Association undersection 220 of the National Industrial Recovery Act. The par valueof the preferred stock of this bank is $1,000 per share and the par ofthe common stock $100 per share. The articles of association pro-vide for dividends*of 5 percent per annum on the preferred stock.
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138 REPORT OF THE COMPTROLLER OF THE CURRENCY
Statements of condition of the subject banks as of October 17,1934, follow:
Export-ImportBank
Second Export-Import Bank
ASSETSFurniture and fixtures _ _Cash in vaultBalances with other banksOther assets
Total
LIABILITIES
Dividends declared but not yet payable and amounts set aside for divi-dends not declared _
Other liabilities _• _ . .Capital stock (par)Undivided profits (debit balance) _
Total
$1,895.9150.00
10,994,393.224,852.84
11,001,191.97
$3. 5650.00
2,806,371.601.220.27
2,807,645.43
285,068.50847. 41
11,000,000.0028Jh 723.94
61, 678. 24717.10
2, 750,000.004,749.91
11,001,191.97 2, 807, 645. 43
BUILDING AND LOAN ASSOCIATIONS IN THE UNITED STATES
Statistics relative to all building and loan associations in the UnitedStates have been obtained through the courtesy of the secretary ofthe United States Building and Loan League, with headquarters atCincinnati, Ohio, and are published in the following statements:Number of building and loan associations, total membership, and total assets, etc.,
for the year ended in 1933, by States
StatesNumberof asso-ciations
Totalmember-
shipTotal assets Decrease in
assets
Decrease inmember-
ship
1. New Jersey l
2. Pennsylvania3. Ohio4. Massachusetts5. Illinois6. New York7. California _.-.8. Indiana.. _9. Wisconsin. _
10. Maryland1
11. Missouri12. Louisiana.13. Michigan..14. Nebraska15. Kentucky16. Kansas17. Texas18. Oklahoma19. District of Columbia.20. North Carolina21. Washington22. Virginia23. Iowa24. Minnesota...25. Colorado _.26. Rhode Island _.27. West Virginia28. Arkansas29. Connecticut _.30. Maine . . .31. Alabama32. Utah _33. South Carolina *34. Oregon35. Tennessee _.36. Delaware.. .37. Montana38. New Hampshire39. Florida40. North Dakota
1,532
737227889293182380184
1,000
65831641501399028209
970,000884,065
1,968,129436,920782,300481,928350,000341,700238,238283,000207,950166,241185,267176,500170,300155,152137,700129,33996,78574,182200,00059,10060,07296,17950, 00047,89850,20030,21331, 53425,93033,48034,00018,00031,40025, 64019,43025,80016,15210,37022,251
*Estimated.
$1,050,000,000957,791,288895,028,774502,873,869394, 648,000394,643,465359,894,896246,333, 779245,291,106185,000,000169,255,761143,656,771142,693,028111, 876,652110,937,465106,960,685100,393,58899, 238,44190,533,00068,439,93761,510,15853,652,97741,789,37739,038,24535,340,47133,691, 23233,612,94125, 794,29825,607,67823,967,42823,843,53323,029,66920,000,00018,228,56418,993,04715,257,36915,026,45413,761,73013,129,22712,054,641
* Increase.
$96,108,89186,465,155202,497,34024,487,06742,613,88529,032,70247,251,46124,523,90615,257,22012,500,00023,778,78915,823,41410,240,35412,430,6607,538,1299,201,94514,237,56514, 012,955a 3,113,0007,454, 0863,463,3932,668,0393,060,3531,708,1583,131,733633,469
2,191,1679,703,8471,210,591851,199
1,928,70727,257,7524,500,0001,416,578
»1,606,047860,854
4,124,471314,334
1,239,8361,081,328
15,47057,617245,40230,90925,50049,288144,00034,00014, 53517,00029,25015,23432,96814,10011,50019,33019,515
2 6,3977,7155,0383,0002,2482 3365,0001,6013,28019,787
8421,6352,75040,02312,0002,400* 2,1701,0706,967461
1,030»2601
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
EEPOET OP THE COMPTROLLER OP THE CURRENCY 139Number of building and loan associations, total membership, and total assets, etc.,
for the year ended in 1983, by States—Continued
States
41. Mississippi...42. Wyoming43. Georgia44. Idaho45. South Dakota.46. Vermont47. Hawaii48. New Mexico..49. Nevada50. Arizona
Total
Numberof asso-ciations
448
40142014111652
10,727
Totalmember-
ship
6,27414,85018,4439,5509,6505,600
28, 0124,5002,2811,600
9,224,105
Total assets
$10,943,6007,889,1896,891,5486,272,3135,844,9105,418,6765,288,9894,316,5621,246,345
600,000
6,977,531,676
Decrease in
$5,736,2711,620,675
373,820* 1,232,701
396,69076,445
2 79,711400,9272 62,415
3,647,141
772,959,408
Decrease inmember-
ship
18,2633,000
450»1,900
664463
a 15,478450
8 6164,430
890,687
* Increase.
Mortgage loan investments of building and loan associations, by States
States
AlabamaArizonaArkansasCaliforniaColorado.--ConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaIllinois / .IdahoIndianaIowa_KansasKentuckyLouisianaMaineMassachusettsMichigan _MinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth DakotaTennesseeTexas...Utah...VermontVirginiaWashingtonWest VirginiaWisconsinWyomingOther States a
Hawaii.
Total., 6,394,725,418
$18, 206, 6573, 022, 300
26, 287, 570295,851, 95125, 758, 50624, 504, 750
i 13, 737, 03582, 385, 0007, 244, 6855, 983, 523
379, 923, 9004, 355,827
227, 470,00039, 037, 37689, 052, 540110,196, 706124, 379,00622, 429,789460, 794, 740124,161,04833, 219,70312, 743, 690
158, 052, 99117, 429,971
102, 832,3731,077,384
13, 305,751926,101,8013, 899, 377
363, 867,62665, 328,80110, 815, 278
951, 405, 87093, 666, 47415, 725,139
825, 296,12033, 228, 8005, 445, 80614, 668, 00090,410,17030,063, 7154, 931. 543
48, 692,14748,984, 25827,430,879
218, 846, 5858, 252, 261
179,800, 000
4,4
$14, 963, 727420, 000
17, 495,436232,428, 45224, 906, 06222, 642,14712, 564, 89583, 311, 0006, 006,6425, 728, 427
310, 074, 0004,142, 535
196, 713, 42134,334, 50076,178, 598100, 352, 563102,856, 24521,063,337406, 400, 260101, 623,14630, 827,4108,351, 246
130, 264,17712, 346,11584, 454,842
872, 91212,806, 264
3 900, 000, 0003,426, 739
332,962, 46656, 285,1349, 375,139
749, 559, 47873, 493, 31613,968,996
714, 707, 77028, 015, 8134, 613, 05513, 581,17176, 960, 31114, 694, 2014, 722, 729
44, 018, 09742, 792, 20324, 304, 732186, 076, 3884,849, 641
161, 950, 000
4, 213,862
5, 518, 699, 600
$3, 242, 9302, 602,3008, 792,13463, 423,499
852,4441,862, 6031,172,1402 926, 0001, 238,043255,096
69.849, 900213, 292
30, 756, 5794, 702,87612,873, 9429,844,14321, 522, 7611,366, 452
54, 394,48022, 537, 9022,392,293 |4,392,444 I27,788,814 I5,083,856 I18, 377, 531
204, 472499,487
26,101,801472, 638
30, 905,1609,043,6671,440,139
201,846, 39220,173,1581, 756,143
110, 588, 3505, 212, 987832, 751
1, 086, 82913, 449,85915,369, 514
208,8144, 674, 0506,192, 0553,126,147
32, 770,1973, 402, 62017.850, 000
206,134
876, 025,818
62.870.067.864.970.588.482.387.445.783.078.666.079.982.171.290.471.693.680.871.279.076.377.082.175.570.193.185.779.484.382.277.883.774.176.874.683.179.072.776.763.887.182.069.672.375.961.579.0
79.7
713
1 N o report issued in 1932—figures for 1931 used. %i Increase. • Estimated.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
140 REPORT OF THE COMPTROLLER OP THE CURRENCY
Failures of building and loan associations, 1920-33
Totalnumber ofassocia-
tions
1920.192119221923.1924.1925.1926.1927.1928.1929.1930.1931.1932.1933.
8,6339,25510,00910,74411,84412,40312, 62612,80412, 66612, 34311,77711,44210,99710,727
$2,519,914,9712,890,764, 6213,342,530,9533,942,939,8804,765,937,1975,509,176,1546,334,103,8077,178,562,451S, 016,034,3278,695,154,2208,828, 611, 9258,417,375, 6057,750,491,0846,977,531,676
2649
1826122123
159190126122188
$80,437, 50861,908,52952,818,387
215,516,812
$50691,547
158,674132,612
500,000380,725
1,013,000568,000
2,312,62624,676,05922,327,84220,337,25543,954,547
0.00002.0032.0047.0034.0084.0090.0060.0141.0071.0266.2795.2653.2624
1 Located as follows: Alabama, 1; Arizona, 2; California, 4; Colorado, 6; Florida, 4; Illinois, 1; Indiana, 4;Iowa, 1; Kentucky, 1; Louisiana, 1; Maryland, 1; Mississippi, 1; Missouri, 1; New Jersey, 8; New York, 1;Ohio, 27; Pennsylvania, 17; Tennessee, 2; Texas, 1; Utah, 2; and Wyoming, 2.
MONEY IN THE UNITED STATES
Statements showing the stock of money in the United States inthe years ended June 30, 1914 to 1934, and the imports and exportsof merchandise, gold and silver in the calendar years 1914 to 1933,and the 9 months ended September 30, 1934, follow:
Stock of money in the United States, in the Treasury, in reporting banks, in FederalReserve ba?iks, and in general circulation, years ended June 30, 1914 to 1934
Year endedJune 30—
1914191519161917191819191920... _19211922 . . _ . . .19231924192519261927I928_19291930 .1931193219331934
Millions3,797.84,050.84,541.75,678.86, 906.27, 688.48,158.58,174.58, 276.18,702.88,846.58,299.48,429.08,667.38,118.18,538.88,306.69, 079. 69,004.4
10,078.413,634.4
Coin andother
moneyin theUnitedStates
Coin and othermoney in Treas-ury as assets *
Amount
Millions338.4348.2299.1269.7363.5585.1490.7463.6406.1386.5359.4363.9353.2350.9351.3373.1247.2254.9278.2314.5
2,955.9
Per-cent
8.918.606.594.755.277.616.015.674.914.444.064.384.194.054.334.372.982.813.093.12
21.68
Coin and othermoney in report-
ing banks a
HelH by or forFederal Reservebanks and agents
Amount
Millions1,630.01,447.91.472.21.487.3
882.7981.3
1,047.3926.3814.0777.1900.8938.3975.2985.1866.5799.1853.8865.5774.1649.9
Per-cent
42.9235.7432.4126.1912.7812.7612.8411.339.848.93
10.1811.3011.5711.3610.679.36
10.289.538.606.455.06
Amount
Millions
383.0593.3
1,342.72.061.02.226.72.200.22,799.93.406.83,493. 03,637.83.120.33,190.53.465.12.970.23,419.43.537.34,002.73,031.14,043. 25,305.0
Per-cent
9.4513.0623.6429.8428.9626.9734.2541.1640.1441.1237.6337.8539.9836.5940.0442.5844.0833.6640.1238.91
In general circulation, ex-clusive of amounts heldby reporting banks,Federal Reserve banksand Treasury
Amount
Millions1,829.41.871.72,177.12.579.13.599.03,895.34,420.33,984.73.649.24,046.23,948.53,876.93.910.13.866.23,930.13,947.23,668. 23,956.54,921.05.070.84,683.9
Per-cent
48.1746.2147.9445.4252.1150.6754.1848.7544.0946.4944.6446.6946.3944.6148.4146.2344.1643.5854.6550.3134.35
Percapita
18.4618.5621.2424.7433.9736.6741.5036.7133.1836.2034.6933.5833.3532.5732.7232.4729.7631.8739.4140.3237.03
1 Public money in national-bank depositories to the credit of the Treasurer of the United States notincluded.
2 Money in banks of island possessions not included.
NOTE.—Popula t ion estimated at 113,818,432 in 1924; 115,469,094 in 1925; 117,227,000 in 1926; 118,719,000in 1927; 120,104,000 in 1928; 121,546,198 in 1929; 123,250,000 in 1930; 124,135,800 in 1931; 124,881,806 in 1932:125,753,206 in 1933, and 126,485,606 in 1934.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 141
Imports and exports of merchandise, calendar years 1914 to 1933, inclusive, andfrom Jan. 1 to Sept. 30, 1934
Imports ofmerchandise
1914 $1,789,276,0011915 1,778,596,6951916 I 2, 391, 635, 3351917__ 2,952,465,9551918 3,031,304,7211919 3,904,364,9321920 _ 5,278,481,4901921 2,509,147,5701922_ 3,112,746,8331923 3,792,065,9631924 3,609,962,5791925 4,226,589,2631926 4,430,888,0001927 4,184,742,0001928 _ 4,091,444,0001929 4,399,361,0001930 3,060,908,0001931 2,090,635,0001932 1,322,774,0001933 1,449,559,0001934 (9months) _. i 1,241,732,000
Total, 20 years and 9 months 64,648,680,337
Exports ofmerchandise
$3,113, 624, 0503, 554, 670,8475, 482, 641,1016, 226, 255, 6546,149, 241, 9517, 920, 425, 9908, 228, 016, 3074, 485, 031, 3563, 831, 777, 4694,167,493,0804,590, 983,8454, 909, 847, 5114,808,660,0004,865, 375, 0005,128, 356,0005, 240, 995, 0003,843,181,0002, 424, 289,0001,611,016,0001, 674,994,000
i 1, 561, 366,000
93,818,241,161
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
719,030,636375,427,117981,021,266683, 258, 248377,772,000680, 633,000
1,036,912,000841, 634,000782, 273,000333, 654,000288,242,000225, 435,000
i 319, 634,000
29,169, 560,824
1 Preliminary, subject to correction.
Gold and silver imports and exports in periods indicated
GOLD
19141915191619171918191919201921 . ._ . _192219231924 -1925192619271928192919301931 „_- _193219333 934 (9 tn ont,bs) - . - . . . _ . .
Total, 20 years and 9 months
Imports
$57, 387,741451,954, 590685,990, 234552, 454, 374
62,042,74876,534,046
417,068, 273691, 248, 297275,169,785322, 715,812319, 720,918128, 273,172213, 504,000207, 535,000168, 897,000291, 649,000396, 054, 000612,119, 000363, 315,000193,197,000956, 628,000
7, 443, 457, 990
Exports
$222,616,15631, 425, 918
155,792,927371, 883, 884
41, 069, 818368,185, 248322, 091,208
23,891, 37736,874,89428, 643,41761,648, 313
262, 639, 790115, 708,000201, 455,000560, 760,000116, 583, 000115,967,000466, 794,000809, 528, 000366, 652,000
50,136,000
4, 730, 345, 950
Excess ofexports over
imports
$165,228, 415
291,651,202
134, 366, 618
391,863,000
446, 213, 000173,455,000
1,602,777,235
Excess ofimports over
exports
$420, 528, 672530,197, 307180,570,49020,972, 930
94,977,065667, 356, 920238, 294,891294,072, 395258, 072, 605
97, 796,0006, 080,000
175,066,000280,087,000145, 325,000
906, 492,000
4, 315,889, 275
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
142 REPORT OF THE COMPTROLLER OF THE CURRENCY
Gold and silver imports and exports in periods indicated—Continued
S I L V E R
1914191519161917 _191819191920 . . -19211922 . — . .1923 _ . -19241925-.19261927 .192819291930. — -1931193219331934 (9 months)
Total, 20 years and 9 months
Imports
$25,959,18734,483,95432, 263, 28953, 340,47771, 375,69989, 410,01888,060, 04163, 242,67170,806,65374, 453,53073, 944,90264, 595, 41869, 596, 00055,074, 00068,117, 00063,940,00042, 761, 00028, 664, 00019, 650,00060, 225, 00064, 579, 000
1,214,541,839
Exports
$51,603,06053, 598,88470,595,03784,130,876
252,846,464239,021,051113,616, 22451,575,39962, 807, 28672, 468,789
109,891,03399,127, 58592, 258,00075,625, 00087, 382, 00083,407, 00054,157, 00026, 485, 00013, 850, 00019, 041, 00012, 678,000
1, 726,164,688
Excess ofexports over
imports
$25, 643, 87319,114,93038, 331, 74830, 790, 399
181, 470, 765149,611,03325,556,183
35,946,13134, 532,16722,662,00020, 551,00019,265,00019, 467,00011, 396, 000
634, 338, 229
Excess ofimports over
exports
$11,667,2727,999, 3671,984, 741
2,179, 0005,800,000
41,184,00051, 901,000
122, 715, 380
GOVERNMENTAL CORPORATIONS AND CREDIT AGENCIES OF THEUNITED STATES
The statement following shows the assets and liabilities of govern-mental corporations and credit agencies of the United States as ofSeptember 30, 1934:
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Assets and liabilities of governmental credit agencies, Sept. 80, 1984
f Compiled by 17. S. Treasury Department from reports received from organizations concerned. In millions of dollars]
ASSETSLoans—total - -Preferred stock, capital notes, and debentures of bank and trust companiesCash—total . _ . . . _ .Investments:
United States securities . . . _ _ . . . . _.Obligations guaranteed by United StatesFederal land bank bonds . . . . _Intermediate credit bank securities - - - -Production credit associations—class A stock
Other assets
Total assets . .
LIABILITIESBonds, notes, and debentures:
Obligations guaranteed by United StatesAll other - - -
Other liabilities (including reserves) ___ __
Total liabilities -
Excess of assets over liabilities, exclusive of interagency transactionsPrivately owned interests
United States Government interests
Distribution of Government interests:Capital stockSurplus.Intera°rencv interest (net)
Total
6,884i 793
353
500143456
280
357
9,568
2,1982,555
400
5,153
4,415291
4, 124
3,987137
Total
2,404i 793
49
13
26
80188
3,553
2469895
439
3,114
3,114
2,9536398
Financed wholly from Government funds
Recon-structionFinanceCorpora-
tion
1,799i 793
9
Com-moditvCredit
Corpora-tion
79
45
2,646
i 246
: 55
i 301
i 2,346
2, 346
50063
! 1,783
2
81
(2)
(2)
81
81
31
77
Export-Importbanks
14
(2)
14
(2)
(2)
13
13
14
PublicWorks
Adminis-tration
203
1
RegionalAgricul-
turalCredit
Corpora-tions
49
2
(2)
2
206
206
206
3 305
- 9 9
6
58
5
5
53
53
44
9
Produc-tion
CreditCorpora-
tion
2
3
26
801
113
3
110
110
110
Other
274
20
9
131
435
9833
131
305
305
3 1,977- 1
- 1 , 6 7 2
§
3W
i§
a
o
1 Includes $100,000 of preferred stock of insurance companies. i Less than $500,000. 3 Nonstock. 1 Deficit less than $500,000.
CO
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Assets and liabilities of governmental credit agencies, Sept. 80, 1934 —Continued
Financed partly from Government funds
ASSETS
Loans—total... - . - _Cash—totalInvestments:
United States securitiesObligations guaranteed bv United StatesFederal land bank bondsIntermediate credit bank securities
Other assets . _ _ _
Total assets - . . _ .
LIABILITIESBonds, notes, and debentures:
Obligations guaranteed by United StatesAll other
Other liabilities (including reserves)
Total liabilities _._
Excess of assets over liabilities, exclusive of interagency transactionsPrivately owned interests
United States Government interests
Distribution of Government interests:Capital stockSurplusInteragency interest (net)
Total
4, 480304
487143430
169
6,015
1,9522,457
305
4,714
1,301291
1,010
1,03474
- 9 8
Federalland
banks
1,87099
6729
125
2,120
1,645214
1,859
26199
163
11851
- „
Federalinter-
mediatecreditbanks
19119
74
5
289
1824
186
103
103
7033
FederalFarmMort-gage
Corpo-ration
51618
430
5
969
724
49
773
196
196
200- 4
Banksfor
cooper-atives
2310
77
113
(2)
(2)
1131
112
1102
Homeloan
banks
875
214
1
108
4
4
10422
82
811
HomeOwners'Loan
Corpo-ration
1,793164
24
1,980
1,22863032
1,890
90
90
200—9
- 1 0 1
FederalSavings& LoanInsur-ance
Corpo-ration
(2)
100
1
101
101
101
10011
Federal Federalsavings Deposit
and i Insur-loan 1 anceasso- j Corpo-
ciations ! ration
i 60
266
4 i 3
4 | 329
|
i 1
1 1
4 328. , i 170
4 | 158
4 150
i 8!
Ow(-3
3
3
wa
a
2 Less than $500,000.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPOBT OF THE COMPTROLLER OF THE CURRENCY 145
RECONSTRUCTION FINANCE CORPORATION
The following report issued by the Reconstruction Finance Cor-poration shows a statement of condition of the Corporation as of theclose of business September 30, 1934.
Statement of Condition of the Corporation as of the close of business Sept. 80, 1934
ASSETS
Cash on deposit with Treasurer of United States $1, 894, 965. 07Funds held in suspense by custodian banks 1 7, 256, 404. 31Petty cash funds and travel advances 10, 375. 00Allocated for expenses Regional Agricultural Credit Corpora-
tions (under Farm Credit Administration) _ _ 10, 430, 784. 00Allocated for Federal Emergency Relief Administration (1933
relief act) 500, 000, 000. 00Allocated to Secretary of Treasury 2 124, 741, 000. 00Allocated to Secretary of Treasury 3 200, 000, 000. 00Allocated to Lank Bank Commissioner *__„ $300, 000, 000. 00
Less—Reallocated to Federal FarmMortgage Corporation $55, 000, 000. 00
245, 000, 000. 00Allocated to Federal Farm Mortgage Cor-
poration 55,000,000. 00Allocated to Federal Housing Adminis-
trator5 _ 10,000,000. 00Allocated to Secretary of Agriculture 6 200, 000? 000. 00
Less:Reallocated as
Capital Re-gional Agri-cultural Cred-it Corpora-tions $44, 500, 000. 00
Reallocated t oGovernor o fFarm CreditAdministra-tion 40, 500,000. 00
85, 000, 000. 00115> 000, 000. 00
Capital Regional Agricultural Credit Cor-porations 44, 425, 000. 00
Allocated for revolving fund (capitalRegional Agricultural Credit Corpora-tions) 75, 000. 00
44, 500, 000. 00Allocated to Governor, Farm Credit Administration 40, 500, 000. 00Loans under sec. 5:
Proceeds disbursed (less repayments):Banks and trust companies 7 $591, 972, 462. 74Credit unions 388, 433. 71Building and loan associations 7__ 28, 251, 589. 10Insurance companies 30, 721, 842. 67Federal land banks 116, 040, 026. 31Joint-stock land banks 7, 695, 963. 33Livestock credit corporations 1, 603, 991. 27Mortgage loan companies 7 160, 767, 094. 87Regional agricultural credit cor-
porations _ 4, 388, 954. 68See footnotes at end of table.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
1 4 6 REPORT OF THE COMPTROLLER OF THE CURREKCY
Statement of Condition of the Corporation as of the close of business Sept. 80, 1984—Continued
ASSETS—continued
Loans under sec. 5—Continued.Proceeds disbursed (less repayments)—Continued.
Other agricultural credit corpora-tions $795, 723. 63
Railroads (including receivers) ___ 343, 286, 893. 17Processors or distributors for pay-
ment of processing taxes 2, 473. 37State funds for insurance of
deposits of public moneys 1, 840, 680. 43— $1, 287, 756, 129. 28
Proceeds not yet disbursed:Banks and trust companies 7 223, 001, 183. 08Insurance companies 370, 000. 00Joint-stock land banks 1, 160, 085. 39Livestock credit corporations 173, 059. 15Mortgage loan companies 7 101, 407, 100. 15Regional Agricultural Credit Cor-
porations 593, 836. 83Other agricultural credit corpora-
tions 275, 000. 00Railroads (including receivers) 2, 756, 614. 90
329, 736, 879. 50Loans to industrial and commercial businesses:
Proceeds disbursed 1, 915, 825. 19Proceeds not yet disbursed 10, 040, 996, 73
Loans and contracts for self-liquidating projects, sec. 201-a:Proceeds disbursed (less repayments): (By purchase of
bonds, certificates and notes—par $104,301,295.98).. 102, 933, 135. 50Proceeds not yet disbursed (contracts, bonds, certificates,
and notes—par $107,819,000) 106, 442, 969. 87Loans for repair or reconstruction of property damaged by
earthquake, etc.:Proceeds disbursed (less repayments) 8, 250, 659. 35Proceeds not yet disbursed 3, 635, 054. 82
Loans under sec. 201-c, for financing sale of agricultural sur-pluses in foreign markets:
Proceeds disbursed (less repayments) 14, 953, 570. 45Proceeds not yet disbursed 3, 778, 061. 88
Loans to institutions under sec. 201-d:Proceeds disbursed (less repayments) 81, 537, 612. 69Proceeds not yet disbursed 295, 529, 500. 29
Loans to drainage, levee and irrigation districts:Proceeds disbursed (less repayments) 9, 478, 794. 34Proceeds not yet disbursed 64, 369, 870. 03
Loans to public-school authorities—proceeds disbursed 22, 300, 000. 00Loans secured by preferred stock insurance companies:
Proceeds disbursed (less repayments) 25, 785, 000. 00Proceeds not yet disbursed 3, 500, 000. 00
Loans secured by preferred stock banks and trust companies:Proceeds disbursed (less repayments) 22, 289, 381. 38Proceeds not yet disbursed 2, 161, 825. 00
Relief authorizations (1932 act):Proceeds disbursed (less repayments) 298, 227, 406. 00Proceeds not yet disbursed 15, 001. 00
Preferred stock, banks and trust companies:Purchased (less retirements) 545, 598, 716. 90Subscriptions authorized 65, 823, 460. 00
Preferred stock, insurance company—purchased 100, 000. 00See footnotes at end of table.
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REPORT OF THE COMPTROLLER OF THE CURRENCY 147
Statement of Condition of the Corporation as of the close of business Sept. 30, 1984--
Continued
ASSETS—continued
Capital notes and debentures, banks and trust companies:Purchased (less retirements) $259, 771, 800. 00Subscriptions authorized . 74, 865, 000. 00
Advances for care and preservation of collateral:Proceeds disbursed (less repayments) 227, 867. 16Proceeds not yet disbursed 118, 868. 45
Collateral purchased (cost less proceeds of liquidation) 1, 739, 089. 04Accrued interest receivable 43, 383, 538. 50Reimbursable expense 632, 020. 16Furniture and fixtures $627, 541. 26
Less allowances for depreciation 99, 544. 21527, 997. 05
Total 5, 041, 759, 558. 94
LIABILITIES AND CAPITAL
Payable on certificate of Federal Emergency Relief Adminis-tration (1933 relief act) 410, 597. 82
Payable to Secretary of the Treasury 2 43, 295, 300. 00Payable to land-bank commissioner 4 97, 400, 000. 00Payable for capital Regional Agricultural Credit Corporations. 75, 000. 00Callable by Farm Credit Administration for expenses of
Regional Agricultural Credit Corporations 3, 878, 744. 27Liability for funds held as cash collateral 7, 456, 315. 31Proceeds not yet disbursed:
Loans under sec. 5 329, 736, 879. 50Loans to industrial and commercial businesses 10, 040, 996. 73Loans and contracts for self -liquidating projects section
201-a 106, 442, 969. 87Loans for repair or reconstruction of property damaged
by earthquake, etc 3, 635, 054. 82Loans under sec. 2pi-c, for financing sale of agricultural
surpluses in foreign markets 3, 778, 061. 88Loans to institutions under sec. 201-d 295, 529, 500. 29Loans to drainage, levee and irrigation districts 64, 369, 870. 03Loans secured by preferred stock insurance companies, _ 3, 500, 000. 00Loans secured by preferred stock banks and trust com-
panies 2, 161, 825. 00Relief authorizations (1932 act) 15, 001. 00Advances for care and preservation of collateral 118, 868. 45Subscription authorizations:
Preferred stock,banks and trust companies. „ _„ 65, 823, 460. 00Capital notes and debentures banks and trust com-
panies 74, 865, 000. 00Cash receipts not allocated pending advices _ _ 13, 804, 851. 28Miscellaneous liabilities (including suspense) . 11, 477, 412. 05Liability for funds held pending adjustment 2, 546. 32Unearned discount 58, 321. 56Interest paid in advance 142, 951. 54Interest and dividend refunds and rebates payable 87, 998. 20Interest accrued 19, 918, 743. 52
See footnotes at end of table.
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148 REPORT OF THE COMPTROLLER OF THE CURRENCY
Statement of Condition of the Corporation as of the close of business Sept. 30, 1934—Continued
LIABILITIES AND CAPITAL—continued
Deferred credits:Income on collateral purchased-_. $134, 226. 10Premium on sale of notes 105, 223. 82
$239, 449. 92Notes—Series D, E, F, G, and H 3, 320, 964, 666. 67Capital stock 500, 000, 000. 00Surplus Dec. 31, 1933 $39, 102, 163. 64Reserve for self-insurance 100, 000. 00
39, 202, 163. 64Surplus adjustment 11, 786. 33Interest earned and dividends collected less interest and ex-
penses Jan. 1, 1934, through Sept. 30, 1934 23, 315, 222. 94
Total 5, 041, 759, 558. 94
2 Sec. 2 of the Reconstruction Finance Corporation Act, as amended by the Federal Home Loan BankAct, provides that "in order to enable the Secretary of the Treasury to make payments upon stock ofFederal home-loan banks subscribed for by him in accordance with the Federal Home Loan Bank Act,the sum of $125,000,000 or so much thereof as may be necessary for such purpose, is hereby allocated andmade available to the Secretary of the Treasury out of the capital of the Corporation and/or the proceedsof notes, debentures, bonds, and other obligations issued by the Corporation." The amount of suchstock subscribed for by the Secretary of the Treasury is $124,741,000.
3 Sec. 4-b of the Home Owners' Loan Act of 1933, provides that "the Board (Federal Home Loan BankBoard) shall determine the minimum amount of capital stock of the Corporation (Home Owners' LoanCorporation) and is authorized to increase such capital stock from time to time in such amounts as maybe necessary, but not to exceed in the aggregate $200,000,000. Such stock shall be subscribed for by theSecretary of the Treasury on behalf of the United States, and payments for such subscriptions shall besubject to call in whole or in part by the Board and shall be made at such time or times as the Secretary ofthe Treasury deems advisable. In order to enable the Secretary of the Treasury to make such paymentswhen called, the Reconstruction Finance Corporation is authorized and directed to allocate and makeavailable to the Secretary of the Treasury the sum of $200,000,000, or so much thereof as may be necessary,and for such purpose the amount of notes, bonds, debentures, or other such obligations which the Recon-struction Finance Corporation is authorized and empowered under sec. 9 of the Reconstruction FinanceCorporation Act, as amended, to have outstanding at any time, is hereby increased by such amountsas may be necessary." The amount of such stock subscribed for by the Secretary of the Treasury is$200,000,000.
* Sec. 30 (a) of the Emergency Farm Mortgage Act of 1933 made $100,000,000 available to the farm loan(now land bank) commissioner for loans to joint-stock land banks. Sec. 32 of the same act made $200,000,000available to the farm loan (now land bank) commissioner for direct loans to farmers. Of the amount madeavailable under sec. 32, $145,000,000 was paid to the land bank commissioner and the balance $55,000,000was reallocated and paid to the Federal Farm Mortgage Corporation under sec. 3 of the Federal FarmMortgage Corporation Act.
5 Under the provisions of sec. 4 of the National Housing Act of 1934 which states that "the Reconstruc-tion Finance Corporation shall make available to the Administrator such funds as he may deem neces-sary", $10,000,000 has been paid to the Federal Housing Administrator.
6 Sec. 2 of the Reconstruction Finance Corporation Act as amended made available to the Secretary ofAgriculture $200,000,000. Of this amount $135,000,000 was paid to him of which $20,000,000 was returnedto the Corporation. Of the $85,000,000 difference $44,500,000 was reallocated and disbursed as capital of theRegional Agricultural Credit Corporations (sec. 201 (e) Emergency Relief and Construction Act of 1932).The remainder, $40,500,000, was made available and has been paid to the Governor of the Farm CreditAdministration, pursuant to the provisions of sec. 5 (a) (1) of the Farm Credit Act of 1933.
7 Loans under sec. (5) of the Reconstruction Finance Corporation Act to aid in the reorganization orliquidation of closed institutions have been authorized in the aggregate amount of $962,763,895.68 of which$110,717,554.60 has been canceled. After taking into consideration repayments of $255,878,864.11 items (6)of the balance sheet include the balance of $367,251,476.61 representing proceeds disbursed (less repayments)and $228,916,000.36 representing proceeds not yet disbursed, exclusive of $14,983,666.21 loans approved inprinciple upon the performance of specified conditions.
In addition to loans and other authorizations reflected on the state-ment of condition, the Corporation has approved in principle loans inthe amount of $175,954,616.21 and purchase of preferred stock,capital notes and debentures of banks and trust companies in theamount of $55,338,140 upon the performance of specified conditions.
This statement of condition does not take into consideration ex-penditures incurred but not paid by the Corporation at the close ofbusiness September 30, 1934, nor income of Regional AgriculturalCredit Corporations whose capital stock was subscribed by theCorporation.
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REPORT OF THE COMPTROLLER OF THE CURRENCY 149
FARM CREDIT ADMINISTRATION
The statement following shows the assets and liabilities of theFarm Credit Administration as of October 31, 1934:
Consolidated statement of condition Oct. 31, 1934
ASSETSLoans and discounts:
Agricultural credit corporations $1, 072, 565. 91Real-estate mortgages 2, 459, 996, 403. 98Crop, livestock and commodities 318, 491, 411. 52Cooperative associations 106, 078, 465. 69Joint-stock land banks 707, 566. 72Other—stabilization 95, 256, 638. 78
$2j 981, 603, 052. 60Accrued interest receivable 42, 770, 832. 73Accounts and other receivables „ 16, 987, 415. 39Cash:
With United States Treasury 36, 935, 476. 06On hand and in banks 1 60, 718, 666. 54In trust funds 7, 546, 289. 68
105, 200, 432. 28Investments:
United States securities 131, 411, 262. 51F. F. M. C. bonds 115, 232, 177. 18F. L. B. bonds 489, 113, 396. 87P. C. A.—class A stock 88, 115,025. 00Other investments 93,641. 41
823, 965, 502. 97Real estate and business property:
Banking house and equipment 5, 509, 244. 75Stores and supplies 25, 427. 02Real estate and other property
held for sale 77, 192, 016. 1582, 726, 687. 92
Other assets 2, 722, 860. 89
Total assets other than inter-agency ._ 4, 055, 976, 784. 78
Interagency assets:Due from governmental corpora-
tions 51, 618, 232. 29Allocations from R. F. C 100, 926, 494. 27
152, 544, 726. 56
Total all assets 4, 208, 521, 511. 34
LIABILITIESBonds, notes and debentures:
F. F. M. C. bonds _.._ $796,115,200.00F. L. B. bonds 1, 686, 196, 260. 00F. I. C. B. bonds 177,680,000.00
2, 659, 991, 460. 00Accrued interest payable:
Guaranteed by United States 9, 589, 713. 01Not guaranteed by United States..- 32, 248, 914. 31
41, 838, 627. 32Other liabilities:
Deferred income 6, 166, 893. 04Other indebtedness 112, 523, 113. 25
118,690,006.29Reserves—for uncollectible items 170, 772, 349. 43
Total liabilities other than interagency 2, 991, 292, 443. 04Interagency liabilities—due to governmental corporations
or agencies 169, 249, 484. 84106093—35 11Digitized for FRASER
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1 5 0 REPORT OF THE COMPTROLLER OF THE CURRENCY
Consolidated statement of condition Oct. 81, 1984—Continued
LIABILITIES—continuedCapital and surplus:
Capital $1, 034, 240, 178. 21Paid-in surplus 9,431,331. 55Undivided profits 166, 163. 11
$1, 043, 837, 672. 87Surplus reserves:
Legal reserve 2, 673, 625. 42Other—contingent 1, 468, 285. 17
4, 141, 910. 59
Total all liabilities 4, 208, 521, 511. 34
Federal land banks
The statement following shows the condition of the 12 Federal landbanks as of September 30, 1934, taken from report compiled by theFarm Credit Administration:
Consolidated statement Sept. 80, 1934
ASSETS
Mortgage loans, less principal portion of full advance pay-ments and reserve $1, 789, 630, 397. 65
Installments matured and unpaid by borrowers, less partialpayments and reserves for installments delinquent 38, 130, 196. 06
Tax and insurance advances, etc., less reserves 13, 071, 789. 47Purchase money mortgages and contracts, less reserves 39, 298, 017. 42Cash on hand and in banks 28, 667, 523. 44Due from Secretary of Treasury (interest reductions and
paid-in surplus) 5, 901, 548. 64United States Government obligations, direct and fully
guaranteed 96, 213, 177. 10Other securities 44, 339. 83Accrued interest receivable (not yet due) 26, 284, 808. 06Real estate owned, less reserves 67, 193, 697. 89Sheriffs' certificates, judgments, etc., less reserves 10, 956, 098. 71Notes receivable (interest not accrued), less reserves 329, 961. 20Banking house, furniture, fixtures, equipment, etc. (net after
depreciation reserves) 4, 676, 725. 55Prepaid and deferred expenses 513, 452. 32Other assets - 1, 912, 383. 71
Total 2, 122, 824. 117. 05
LIABILITIES
Farm-loan bonds outstanding, less bonds held by banks 1, 645, 370, 760. 00Notes payable to Reconstruction Finance Corporation 115, 891, 884. 92Matured interest on farm-loan bonds (coupons not presented) 957, 366. 21Deferred proceeds of loans 53, 382, 643. 55Accounts payable 1, 765, 002. 25Dividends declared but unpaid 217, 257. 28Trust accounts 4, 306, 717. 54Advance installment payments 1, 511, 128. 17Other liabilities 1, 553, 311. 23Accrued interest payable (not yet due), less interest on bonds
held by banks , 22, 068, 569. 97Other accrued interest payable 1, 014, 502. 07Deferred income 3, 782, 316. 75Capital stock 216, 380, 080. 00Paid-in surplus 50, 614, 445. 76Legal reserves 4, 008, 131. 35
Total . 2, 122, 824, 117. 05Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPOET OF THE COMPTROLLER OF THE CURRENCY 1 5 1
Federal intermediate credit banks
The statement following shows the condition of the 12 Federalintermediate credit banks as of September 30, 1934, taken from reportcompiled by the Farm Credit Administration:
Consolidated statement Sept. 30, 1984
ASSETSLoans and discounts _ _ . . $191, 390, 681. 93Notes receivable „___„ 2,977, 572. 06Cash on hand and in banks 18, 720, 269. 94United States Government obligations, direct and fully.
guaranteed 74, 082, 339. 88Other securities 53, 000. 00Accounts receivable 353, 902. 92Interest accrued 1, 341, 475. 28Furniture, fixtures, and equipment (net) 21. 00Prepaid and deferred expenses 37, 406. 33Other assets 52, 570. 46
Total 289, 009, 239. 80LIABILITIES
Debentures (authorized and executed) 181, 770, 000. 00Accounts payable 210, 625. 14Liability for cash collateral 630, 391. 82Deferred proceeds, loans, and discounts 927, 466. 60Interest accrued; debentures 1, 147, 112. 18Interest collected, not earned 455, 290. 72Unamortized premium on own debentures issued and out-
standing 517, 398. 85Other liabilities 535,625. 28Capital stock paid in 70, 000, 000. 00Surplus paid in 30, 000, 000. 00Earned surplus, reserves for contingencies, and undivided
profits 2, 815, 329. 21Total 289, 009, 239. 80
Joint-stock land banks
On September 30, 1934, there were 44 joint-stock land banks inoperation, 1 in voluntary liquidation and 3 in process of liquidationthrough receivership. A consolidated statement of condition of theactive banks on the date indicated was not compiled by the FarmCredit Administration, as heretofore, although individual statementsof such banks, as well as of the banks in process of liquidation throughreceivership, are available.
The Emergency Farm Mortgage Act of 1933, approved May 12,1933, provided that "After the date of enactment of this act, nojoint-stock land bank shall issue any tax-exempt bonds or make anyfarm loans except as are necessary and incidental to the refinancingof existing loans or bond issues or to the sale of any real estate nowowned or hereafter acquired by such banks." The act in effectprohibits joint-stock land banks from acquiring new business andrestricts them to the orderly liquidation of their existing assets.Sections 30 and 31 of the Emergency Farm Mortgage Act of 1933,as a means of expediting the required liquidation, authorized anddirected the Reconstruction Finance Corporation to make availableto the Land Bank Commissioner for a period not exceeding 2 yearsfrom date of enactment of the act, the sum of 100 million dollars tobe used for the purpose of making loans to the joint-stock land banks
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152 REPORT OF THE COMPTROLLER OF THE CURRENCY
organized and doing business under the Federal Farm Loan Act, asamended, at a rate of interest not to exceed 4 percent per annum,payable annually,
FEDERAL HOME-LOAN BANK SYSTEM
The statement following shows the assets and liabilities of theFederal Home Loan Bank System as of October 31, 1934:
Consolidated statement Oct. 81, 1934
ASSETSCash:
On hand $13, 118.05On deposit with United States Treasurer 2, 114, 647. 42On deposit with affiliated banks 1,450,000. 00On deposit with commercial banks 1, 513, 842. 82
Total cash 5, 091, 608. 29Loans outstanding:
Members 86, 839, 152. 45Affiliated banks 600, 000. 00Other 7, 178. 41
Total loans 87, 446, 330. 86Accrued interest receivable:
Members 377,730.39Affiliated banks:
Loans 1,347.95Deposits 4, 547. 95
Securities _ _ __ ___ 132,263.23Other 403. 38
Total accrued interest 516, 292. 90Investments: = = =
United States Government 16, 003, 335. 68Other 0
Total investments 16, 003, 335. 68Furniture and fixtures (net) 22, 227. 4-2Deferred charges:
Prepaid assessment—Federal Home Loan Bank Board 2, 435, 22Prepaid bond premium 4, 099. 62Other 10, 052. 32
Total deferred 16, 587. 16Other assets:
Accounts receivable 8, 590. 97Other 78, 877. 47
Total other assets-- 87, 468. 44
Total assets _ _ 109, 183, 850. 75
LIABILITIES AND CAPITALLiabilities:
Deposits:Members 1, 635, 982. 91Affiliated banks 1, 450, 000. 00Other 1, 840. 20
Loans:Affiliated banks 600, 000. 00Other 0
Accrued interest:Member deposits 1, 162. 66Affiliated banks:
Loans . . 1, 347. 95Deposits.__ • . . . . 4, 646, 58Digitized for FRASER
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REPORT OF THE COMPTROLLER OF THE CURRENCY 153
Consolidated statement Oct. 31, 1934—Continued
LIABILITIES AND CAPITAL—continued
Liabilities—Continued.Accounts payable $3, 038. 49Other ___ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 1,127.71
Total liabilities 3,699, 146.50
Capital:Capital stock:
Fully paid—issued and outstanding:Members 19, 282, 900. 00United States Government 81, 645, 700. 00
100, 928, 600. 00
Subscriptions to capital stock:Members and applicants 4, 027, 200. 00Less—balance due 2, 096, 188. 88
1, 931,011. 12United States Government 43, 095, 300. 00Less—balance due 43, 095, 300. 00
Surplus:Reserves:
As required under section no. 16 of act 563, 392. 81United States Government 2-percent dividend 1, 120, 864. 08Other 0
Surplus—unallocated 940, 836. 24
Total surplus and reserves 2, 625, 093. 13
Total capital 105, 484, 704. 25
Total liabilities and capital 109, 183, 850. 75
Home Owners' Loan Corporation
The statement following shows a summary of the operations of theHome Owners' Loan Corporation from the date of its organizationto the close of business on November 29, 1934:
Summary of operationsApplications received:
Number 1, 757, 000Amount . $5, 684, 772, 000Average per application $3, 235
Loans closed:Number 670, 000Amount:
Bonds issued and in process of issuance:4-percent bonds dated July 1, 1933,
due July 1, 1951 $325,320,000Series A 3-percent bonds dated
May 1, 1934, due May 1, 1952__ 926, 204, 000Series B 2%-percent bonds dated
Aug. 1, 1934, due Aug. 1, 1949__ 532, 845, 000
1, 784, 369, 000Cash advances added to principal of
loans 224, 377,000Interest capitalized 8, 590, 000Professional fees capitalized _ 4, 401, 000
2, 021, 737, 000Average loan closed . __ . $3,016Digitized for FRASER
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154 REPORT OF THE COMPTROLLER OF THE CURRENCY
In addition to bonds of $1,784,369,000 issued in exchange for homemortgages and shown above, the following bonds have been issuedfor cash and for subscription to the capital stock of the FederalSavings and Loan Insurance Corporation:Series A 3-percent bonds dated May 1, 1934, due May 1, 1952___ $168, 872, 000Series C 1 ̂ -percent bonds dated Aug. 15, 1934, due Aug. 15, 1936_ 49, 736, 000Series D 1%-percent bonds dated Aug. 15, 1934, due Aug. 15, 1937. 49, 843, 000Series E 2-percent bonds dated Aug. 15, 1934, due Aug. 15, 1938__ 49, 532, 000
Total ~~3l77983, 000
FEDERAL DEPOSIT INSURANCE CORPORATION
The following preliminary reports issued by the Federal DepositInsurance Corporation show a condensed balance sheet as of June 30,1934, a condensed statement of net operating expenses and losses ofthe Corporation from its organization to June 30, 1934, and a state-ment of statistical data with respect to deposits eligible for insuranceas certified to by members of the insurance funds.
Preliminary condensed balance sheet, June 30, 1934
ASSETS
Cash on deposit with United StatesTreasury $99, 247, 340. 84
United States Government Securities(market value $235,260,444.59) cost___ 227,782,343.36
Accrued interest receivable 1, 463, 691. 77$328, 493, 375. 97
Furniture and fixtures and miscellaneous unamortized charges. 116, 788. 33Total assets 328, 610, 164. 30
LIABILITIES
Capital and membership liabilities:United States Government subscrip-
tion to capital stock (paid) $150,000,000.00Federal Reserve Banks subscription to
capital stock (paid) 139, 299, 556. 99Temporary Federal deposit insurance
fund members (not withdrawingfrom the fund) :
Assessment (paid) 30, 170, 385. 77Less portion of net operating ex-
penses and losses to June 30,1934 700, 604. 72
29, 469, 781. 05318, 769, 338. 04
Current liabilities:Assessment refunds due members with-
drawing from the temporary Federaldeposit insurance fund:
Assessment (paid) 9, 494, 254. 81Less portion of net operating ex-
penses and losses to June 30,1934 220, 471. 81
9, 273, 783. 00Miscellaneous accounts payable and
reserve for undetermined expensesand losses 567, 043. 26
9 ' 8 4 0 ' 8 2 a 2G
Total liabilities " 328, 610, 164. 30Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 1 5 5
Preliminary condensed statement of net operating expenses and losses to June 80,1934
Operating expenses (including provision of $400,000 for esti-mated suspense items) $3, 207, 365. 15
Less income from investments 2, 388, 788. 62
Net operating expenses 818, 576. 53
Provision for insurance losses 102, 500. 00
Net operating expenses and losses 921, 076. 53
Allocation of net operating expenses and losses:Members not withdrawing from the fund 700, 604. 7 2
Members withdrawing from the fund 220, 471. 81
Total 921,076. 53
Preliminary statement of statistical data
Deposits eligible for insurance (as certified to by members of the fund):Members not withdrawing from the fund:
National banks _ _ _ __ __ _State banks—members of the Federal Reserve SystemState banks—not members of the Federal Reserve System:
Mutual savings banks __Others
TotalMembers withdrawing from the fund:
State banks—not members of the Federal Reserve System:Mutual savings banksOthers...
Total
Grand total. _ _ _.
i
Members of the fund as of June 30, 1934:National banks-_State banks—members of the Federal Reserve SystemState banks—not members of the Federal Reserve System:
Mutual savings banksOthers __ _._.__
Total
Amount
$6,138, 759,180.542, 592, 239, 202. 31
700, 287,912. 262, 636,866,816.40
12,068,153. 111. 51
3, 788,084,199.159,617, 778. 47
3, 797, 701, 977. 62
15,865,855,089.13
Total
5,421959
2357,555
14,170
Not with-drawing
5,421959
687,534
13,982
Ratio tototal
Percent76.06
23.94
100.00
With-drawing
NoneNone
16721
188
Cost of insurance to June 30, 1934, for each $1,000 deposits eligible for insurance $0.058054Ratio of cost of insurance to June 30, 1934, to assessments paid percent.- 2.3222
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156 REPORT OF THE COMPTROLLER OF THE CURRENCY
The following tabulations, which were compiled by the FederalDeposit Insurance Corporation, are based on deposit informationrequested by the corporation and used as the basis for adjustedinsurance assessments on banks as of October 1, 1934:
Insured accounts and insured deposits, by States, for insured commercial banks as ofOct. 1, 1934
State
AlabamaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaIdahoIllinoisIndiana _IowaKansasKentuckyLouisianaM aineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhio.-OklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming
Total
Numberof banks
20615
2112541441094422
144262
6185848254343039014666
181212396653203637120380
957
38742
773239198672396102
1,0721694
213316820
5976
319187168611
62
14,057
Fully in-sured ac-counts
636. 25271,869
298, 6023, 767, 707404, 657618,823117, 248463,878406, 973777, 396116,441
3,091, 2451,201,172898,818663, 058875,787545,130416,813710, 246
1,456,5141, 383, 5871, 214,825325, 921
1,610,310161,925496, 02823,890157,274
2,823, 07067,506
5, 250, 707583, 501164, 379
2,943, 767691,113417, 743
5, 504, 562340,649213,848195, 397830, 563
1, 762, Oil214, 685231,108
1,125, 007501,908717,411
1,416,287113,105
49, 020, 716
Total ac-counts
640,98972,886
301, 7263,849, 510
410,161628, 580120,418470, 204411,372784,827117,800
3,141,4061, 212, 535
907, 411659, 066883, 355551,406421, 380720, 243
1,488,1831,400,3681,229,049
329, 2281, 630, 952
164,850502.114
24, 328158,929
2,860, 25668, 201
5,400,946589,574165, 775
2, 976, 625698,108422.115
5, 581, 004346, 971215, 945197,167838,134
1,785,806217,510233, 524
1,135, 522508, 778722,420
1,428,617114,282
49, 750, 556
Ratio fullyinsured tototal ac-counts
Percent99.2698. 6098.9697.8798.6698.4597.3798.6598.9399.0598.8598.4099.0699.0599.1099.1498.8698.9298.6197.8598.8098.8499.0098.7398.2398.7998.2098.9698.7098. 9897.2298.9799.1698. 9099.0098.9698.6398.1899.0399.1099.1098.6798.7098.9799.0798.6599.3199.1498.97
98.53
Insured de- **?*£ ft"posit? (000 t o t a l d e .
positsomitted)
$107,67625,81870,514
1,608,758131,469215,118
48, 620135,14794,753
152,80137,920
1, 030, 279303,871264, 503166, 057203, 454129, 511127. 31420L 276617, 248424,127375, 55782,169
461, 32766,101
159, 34211,40743, 715
877, 29720, 435
2,408, 365141,69050,879
148, 264128, 577
1, 715, 700116, 096
50,42854, 284
174, 093472,697
61, 59079, 503
264,783164, 405140,104406, 719
31,164
15,651,805
Percent59.7059.0463.5252.5252.7850.7746.7053.6550.7750. 6366.2337.2360.2965.0461.3363.8545.4873.5545.8238.7851.5153.6165. 5544.1163.7057.7463.0267.1363.7263.7723.7051. 0578.6556.1349.6263.4646.7053.9958.2271.8753.4748.5356.1684.0761.9453. 4765.6765.6568.26
43. 50
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Preliminary summary of certified statements as of Oct. 1, 1934
[Deposits in thousands of dollars]
Class of bank
National banksState banks members Federal Reserve (exclusive of
mutual savings banks)State banks not members Federal Reserve (exclusive of
mutual savings banks)
All banks (exclusive of mutual savings banks)
Mutual savings banks—Maximum insurance $5,000Mutual savings banks—Maximum insurance $2,500
All mutual savings banks
Grand total, all banks
Number ofbanks
5,450
969
7,638
14, 057
4424
68
14,125
Insureddeposits
8, 488, 554
3, 582, 449
3, 580,803
15,651,806
412,727387, 900
800, 627
16,452,433
Uninsureddeposits
11,583,949
7, 382,986
1,363,262
20, 330,197
54,117182, 995
237,112
20, 567, 309
Total de-posits
20, 072, 503
10, 965, 435
4, 944, 065
35, 982, 003
466,844570,895
1, 037, 739
37, 019, 742
Ratio ofinsuredto totaldeposits
Percent42.29
32.67
72.43
43. 50
88.4167.95
77.15
44.44
Depositorsfully insured
25, 972, 035
9, 361, 278
13, 687, 403
49, 020, 716
888, 451513, 330
1, 401, 781
50,422, 497
Depositorspartlyinsured
405,811
199, 082
124,947
729,840
19, 42173, 484
92, 905
822, 745
Total num-ber of
depositors
26, 377,846
9, 560, 360
13,812, 350
49, 750, 556
907,872586,814
1,494,686
51, 245, 242
Ratio offully in-sured tototal de-positors
Percent98.46
97.92
99.10
98.53
97.8687.48
93.78
9S.39
O
3O
W
Q
3o
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158 REPORT OF THE COMPTROLLER OF THE CURRENCY
NUMBER OF DEPOSITORS AND AMOUNT OF DEPOSITSNATIONAL BANKS, OCTOBER 25, 1933
IN
In addition to the regular statement of condition rendered bynational banks as of October 25, 1933, figures concerning which werepublished in the annual report for 1933, the associations were re-quested to render as of the same date a supplemental statementshowing the number of depositors and amount of deposits accordingto size and class of deposit balances, for information in connectionwith a study being made with respect to the original TemporaryFederal Deposit Insurance Fund which became effective January 1,1934, guaranteeing up to $2,500 the deposits of licensed banks whichwere doing business on an unrestricted basis at the beginning of theyear. However, due to the fact that tabulations of the supplementalstatement had not been completed in sufficient time to permit thereturns to be shown in the report for 1933, they are being included inthis report.
Although the temporary fund provided for insurance on depositsbased on the amount of deposits eligible for insurance and certifiedto the insurance corporation as of the close of business December 15,1933, the 5,057 licensed national banks on October 25, 1933, reporteda total of 25,419,269 depositors with deposits aggregating $17,055,-208,000, classified as follows:
Number of depositors and amount of deposits in national banks, Oct. 25, 1933 l
[Amounts in thousands of dollars]
Size and class of deposit balances
Deposits not exceeding $2,500:State, county, and municipal funds.United States Government depositsPostal savingsDeposits of other banksCertified and cashiers' checks and cash letters of credit outstandingOther deposits—active accountsOther deposits—dormant accounts
Total _
Deposits over $2,500 but not exceeding $10,000:State, county, and municipal fundsUnited States Government depositsPostal savingsDeposits of other banksCertified and cashiers' checks and cash letters of credit outstandingOther deposits—active accountsOther deposits—dormant accounts
Number ofdepositors
Total.
Deposits over $10,000 but not exceeding $50,000:State, county, and municipal fundsUnited States Government depositsPostal savings _Deposits of other banksCertified and cashiers' checks and cash letters of credit outstanding.Other deposits—active accountsOther deposits—dormant accounts
Total-
34,12811
17, 523655, 377
19,430, 8244, 523,375
24, 661,229
14, 5887,153
555, 7188,490
595, 029
6,969
17, 9942,007
105, 205685
132,860
Amount ofdeposits
$19, 205789246
13, 50449,167
4,025,60682, 658
4,191,175
48, 9483,1122,330
85, 49326,185
2, 502, 49730,451
2, 699, 016
157, 66213,03525, 430
418, 28634,083
1,929, 52810,995
2, 589,019
1 A table showing the information included in this summary, but classifying the banks according toreserve cities and States, is published in the appendix of this report.
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REPORT OF THE COMPTROLLER OF THE CURRENCY 159
Number of depositors and amount of deposits in national banks, Oct. 25, 1938—Con.[Amounts in thousands of dollars]
Size and class of deposit balances Number ofdepositors
Amount ofdeposits
Deposits over $50,000:State, county, and municipal funds _United States Government depositsPostal savingsDeposits of other banksCertified and cashiers' checks and cash letters of credit outstandingOther deposits—active accountsOther deposits—dormant accounts
2,984
7,673470
18,97351
$850,876499,386550,811
1, 507,31884,015
4,075,6787,914
Total.. 30,151
Recapitulation:State, county, and municipal fundsUnited States Government depositsPostal Savings _ _ _.Deposits of other banksCertified and cashiers' checks and cash letters of credit outstandingOther deposits—active accounts 1Other deposits—dormant accounts
53,16111
57,778665,007
20,110, 7204,532, 601
7,575,998
1,076, 691516,322578,817
2,024,601193,450
12, 533,309132,018
Total. 25,419, 269 17,055, 208
The number of depositors reported represented the actual numberof depositors rather than the number of deposit accounts. In otherwords, if a customer had more than one deposit account of which hewas the owner, whether checking, savings, time certificate, or otheraccounts, he was counted as one depositor and the aggregate amountof his accounts was included as one figure in the proper group. State,county, and municipal funds: Regardless of the number of accountsany one State, county, municipality, etc., may have had in the bank,it was treated as one depositor, and the aggregate of all balanceswhich stood to the credit of any one State, any one county, or anyone municipality, etc., was included in a shigle group. United StatesGovernment deposits: All United States Government deposits wereshown in one aggregate as the deposits of one depositor. Postal Sav-ings: As in the case of United States Government deposits, all PostalSavings funds on deposit under the terms of the Postal Savings Actwere reported as the balance of one depositor. Deposits of otherbanks: The total amount on deposit to the credit of any one bank,whether or not held in more than one account, was treated for thepurpose of the report as the balance of one depositor. Certified andcashiers' checks, and cash letters of credit outstanding: The figuresreported against this item represent the number of checks and lettersof credit outstanding, including travelers7 checks (not the number ofdepositors as in the case of other items), classified according to theamounts of the individual checks and letters of credit. Other depos-its—active accounts: Against this item was shown the number ofdepositors (other than States, counties, municipalities, etc., the UnitedStates Government, the Postal Savings System, and other banks)and the total amount of all demand and time balances standingto the credit of such depositors in each of the size groups, excludingsuch dormant balances as were required to be reported in anotheritem. Other deposits—dormant accounts: These accounts representeddeposits from which no withdrawals and to which no credits hadbeen made (other than interest credited to such accounts) in theperiod from January 1, 1929, to October 25, 1933 (approximately
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160 REPORT OF THE COMPTROLLER OF THE CURRENCY
4 years and 10 months), except that if a depositor who had a dormantaccount within this definition also had one or more active account^all of his accounts were combined and included with active depositsas one account. To what extent the returns included deposits ofcreditors whose whereabouts were unknown to the banks is not inevidence. However, the total number of accounts which showed nochange in the period indicated was 4,532,601 and the total credits$132,018,000, representing an average credit on these accounts inall national banks of $29.13. The total number of all depositors innational banks on the same date was 25,419,269 and the aggregateof all deposits $17,055,208,000. Hence, the number of dormantaccounts was 17.83 percent of the total, but the volume of theseaccounts was only three-fourths of 1 percent of the aggregate deposits.
This was the first time since February 21, 1921, that nationalbanks were requested to furnish information with respect to dormantdeposits, and as of that date the 8,143 active banks reported 1,143,920of such accounts having total credits of $28,912,000, which repre-sented 5.58 percent of the total of 20,500,000 deposit accounts andless than one-fifth of 1 percent of all deposits which aggregated$15,484,080,000. The average credit on dormant accounts in allnational banks on February 21, 1921, was $25.27.
NATIONAL AGRICULTURAL CREDIT CORPORATION
The Pacific National Agricultural Credit Corporation of Fresno,Calif., was authorized under the act of March 4, 1923, to transactbusiness within the States of California, Arizona, Utah, Nevada,Oregon, Idaho, Wyoming, Colorado, New Mexico, and Texas.
A statement of its assets and liabilities as of the close of business onOctober 17, 1934, appears below:
ASSETSCash on hand and in banks $40, 744. 91United States securities ($280,000 par value) 291, 294. 88Loans 2, 614, 438. 14Livestock owned 9, 382. 08Furniture and fixtures 4, 688. 62Accounts receivable 5, 289. 04Other assets 12, 438. 16Customers' funds held in trust 88, 424. 34
Total 3, 066, 700. 17
LIABILITIESCapitalstock 500, 000. 00Reserve for contingencies 62, 500. 00Undivided profits 1, 837. 17Discounts 2, 382, 503. 38Other liabilities 31, 435. 28Undistributed trustee funds 88, 424. 34
Total 3, 066, 700. 17
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REPORT OF THE COMPTROLLER OF THE CURRENCY 1 6 1
UNITED STATES POSTAL SAVINGS SYSTEM
The tables following, compiled by the Third Assistant PostmasterGeneral, under whose supervision the System operates, disclose com-parative statements of the resources and liabilities of the PostalSavings System for the years ended June 30, 1934 and 1933, togetherwith a summary of the postal-savings business for the fiscal yearended June 30, 1934, by States. (The total number of depositors onJune 30, 1934, was 2,562,082, an increase of 219,949 in the year, butthe average amount on deposit per depositor was $467.56, comparedwith $506.88 a year ago.)
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Comparative balance sheet for June 30, 1934, and June 30, 1933
Items
RESOURCESWorking cash:
Depository banksPostmasters
Special funds—Treasurer of the United States:Reserve fund,Miscellaneous (working) funds
Accounts receivable:Accrued interest on bond investmentsDue from late postmasters
Investments, United States securities: Par valuePostal Sayings 2^-peroent bonds $15,094,960Fourth Liberty 4M-percent bonds 12,440,600U.S . Treasury 3-percent bonds 1946-48 65,000,000U. S. Treasury 3-percent bonds 1951-55 51,341,000U. S. Treasury 3M-percent bonds 1946-49 14,665,000U. S. Treasury 3K-percent bonds 1941 23,800,000U. S. Treasury 3M-percent bonds 1944-46 35,236,150U. S. Treasury 3%-percent bonds 1940-43 4,941,000U. S. Treasury 3%-percent bonds 1941-43 7,391,000U. S. Treasury 3%-percent bonds 1943-47 4,898,000U. S. Treasury 3%-percent bonds 1946-56 19,589,000U. S. Treasury 4-percent bonds 1944-54 33,002,000U. S. Treasury 4M-percent bonds 1947-52 18,161,000U. S. Treasury 4M-3M-percent bonds 1943-45 37, 799,000U. S. Treasury 2-percent notes 1939 35,000,000U. S. Treasury 2^-percent notes A1938 3,383,000U. S. Treasury 2M-percent notes B1936 1,550,000U. S. Treasury 2K-percent notes B1938 167,000U. S. Treasury 2^-percent notes C1936 8, 750,000U. S. Treasury 3-percent notes B1937 4,850,000U. S. Treasury 3-percent notes C1937 5,000,000U. S. Treasury 3-percent notes C1938 167,000U. S. Treasury 3^-percent notes A 1936 2,250,000U. S. Treasury 3K-percent notes A1937 10, 550,000Federal Farm Mortgage Corporation 3-perce nt notes 1944-49 35,000,000
450,025, 710
Total resources
June 30, 1934
$695, 281,038. 034, 576, 449. 85
$699,857, 487.88
60, 700, 678. 708, 268, 762. 04
68> 969> 440. 74
2, 699,666. 02190, 687. 83
15,094,960. 0010, 937,132.8065, 297,923.8850, 357, 208. 0714,481,229.4723,940, 025. 5235, 536, 299.125, 063, 775.177, 554, 789. 605, 017, 366. 61
20, 438, 983. 0634, 901, 286. 0119, 870, 000.1238, 018,930. 2835, 000, 000.003, 317, 954. 061, 531, 625. 00169,454. 84
8, 745, 546.884,867,940.145, 000, 000.00
170, 064. 542, 268,028.8610, 564, 563. 5435,195, 227. 51
June 30, 1933
453,340, 315. 08
1, 225,057, 597. 55
$977, 214, 074. 444, 097, 585. 53
2,890,353.85 I-
58,917,100. 5433, 528, 952. 77
1, 091, 745. 821, 401, 379. 29
13, 546,480. 0015, 540, 485. 38
39, 209, 443. 582,865, 562. 54
8, 061, 391. 7111,818,624.449, 034, 753. 54
2,980, 687. 501, 531, 625. 00
8, 745, 546.884,874, 366. 46
2, 278, 682. 7010, 569,102. 82
II, 311, 659. 97
92, 446, 053. 31
2,493,125. 11
131, 054, 752. 55
1,207,305,590.94
Increase
$478,864. 32
1, 783, 578.16
1, 607,920. 20
~~~397,~228.~74'
1, 548,480.00
65, 297,923.8811,147, 764. 4911,615,666.9323,940, 025. 5235, 536, 299. 125, 063,775.177, 554, 789. 605, 017, 366. 61
12, 377, 591. 3523,082, 661. 5710, 835, 246. 5838,018,930. 28'35, 000,000. 00
337, 266. 56
Decrease
$281,933,036.41
281, 454,172. 09
169,454.84
5, 000, 000. 00170, 064. 54
35,195, 227. 51322, 285, 562. 53
25, 260,190. 7323, 476, 612. 57
1, 210, 691. 46
4, 603, 352. 58
6, 426. 32
8, 653. 844, 539. 28
17,752,006.61 |
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i|
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
LIABILITIES AND SURPLUS FUNDSDue depositors:
Outstanding principal, represented by certificates of depositAccrued interest on certificates of depositOutstanding savings stampsUnclaimed deposits
Accounts payable:Due Postal Service—interest and profitsDue discontinued depository banks
Total liabilitiesSurplus funds—Interest and profits (undistributed earnings) subject to
future allocation of maturing interest charges
1,197,907, 773. 0022,562, 687. 09
66, 573.9012, 415. 00
1, 220, 549, 448. 99
2, 526,900. 68166, 277. 29
2, 693,177. 97
1, 223, 242, 626. 96
1, 814, 970. 59
1, 225, 057, 597. 55
1,187,183,373. 0016,592,663.70
63,887. 602, 835. 00
1, 203, 842, 759. 30
1, 724,805.89112, 969. 34
1,837, 775. 23
1, 205, 680, 534. 53
1, 625, 056. 41
1, 207, 305, 590. 94
10,724,400.005,970,023.39
2,686.30 _..9,580.00 _
16,706,689.69
802,094.79 £j53,307.95 JP
855,402.74 g
17,562,092.43 ^O
189,914.18 fcrj
17,752,006.61 H
waog
PM
HI
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CO
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Comparative statement of interest-earning resources and interest-bearing liabilities for June 30, 1934, and June SO, 1933
Items
RESOURCES—INTEREST-EARNINGWorking cash:
Depository banks, per balance sheetInvestments, per balance sheet..
LIABILITIES—1NTEREST-BEARIN G
Due depositors—Outstanding principal, represented by certificates of de-posit, per balance sheet
Excess of interest-bearing liabilities .
June 30, 1934
$695, 281, 038. 03453, 340, 315. 08
$lt i4gt 621, 353.11
1,197, 907, 773. 00
49, 286,419. 89
June 30, 1933
$977,214, 074. 44131,054, 752. 55
$1,108, 268, 826.99
1,187,183, 373. 00
78,914,546.01
Increase
$322, 285,562. 5340, 352, 526.12
10, 724, 400. 00
Decrease
$281,933,036.41
29,628,126.12
Comparative statement of interest and profits for the fiscal years ended June 30, 1934, and June 30, 1933
Items
Credits:Interest on bank depositsInterest on bond investments, less amortization charges.Miscellaneous receiptsProfit realized on investments
Debits:Interest credited to depositorsAllowances to postmasters:
Losses by fire, burglary, etcErroneous payments, uncollectible items, etc..
Final closing, previous year
Excess of income.
Fiscal year 1934
$21,829,303.117,340, 396. 08
2, 392. 60632, 797. 42
21,564,713.95
847. 83
136," 702~ 78
$29,804,889. 21
21, 702, 264. 56
8,102, 624. 65
Fiscal year 1933
$20, 759, 210. 292, 778, 467. 04
70.17
16, 913, 016. 60
- 4 , 0 5 6 . 0 32, 209. 75
67, 824. 03
$23, 537, 747. 50
16, 978,994. 35
6, 558, 753.15
Increase
$1, 070, 092.824,561,929.04
2,322.43632,797. 42
6, 267,141. 71
4,651,697. 35
4,903. 8668,878.75
4, 723, 270. 21
1, 543, 871. 50
Decrease
$2, 209.75
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Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Summary of Postal Savings business for the fiscal year ended June 30, 1934, by States
State
United States. $1,187,183, 373
ji, Alabamatc Alaska
ArizonaArkansasCaliforniaColoradoConnecticutDelaware ^District of ColumbiaFloridaGeorgiaHawaiiIdahoDlinoisIndiana. _Iowa__KansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouri --_MontanaNebraskaNevada . . -New HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaO h i o — I
Balance tothe credit ofdepositors
June 30, 1933
$973, 762,756
9,491, 543870, 407
7, 654,90011,445,43984, 653,83315, 893, 23612,497,769
522, 5467.662,73929,873. 431±8,476, GUV
438,3977, 766,124
140,173, 66928,915, 20152,351,52716, 297, 0988,070,1297, 266,9011,339, 0885, 588,118
34,687, 52775, 647, 28537,288,0506,339,31535,812,83511, 213,37418, 285, 7242,147,0762,231,223
36, 744,9663,924,823
122,959,42014,101, 3797,987,73365,479,487
Deposits 1
7,857,371534,358
6,302,00611,276,96563,038,30113, 603,1436,763,367312.661
5,806,12631,662,657ii, 287, 743
615,4586, 298, 558
124, 834,35028,314,16351,360,94915, 229,4087,091,9936, 783, 5421,719,9393,485,42417,958,87573,979,82529,949,4366,082,78131,389,6968,291,47617,361,4192,558,2051,482,02923,777,6193,198,90375,987,77513,267,8536, 764, 52055,646,382
With-drawals i2
$963,038,356 $1.197, 907, 773
8,241,446568, 729
7,005, 05710,643,77871,048,65613, 807,0207,752,681382,838
6,327,68631,655,49211, 979. 421
538,5036, 669, 362
119,304,78526, 368, 70248, 085,48813,959,4947,153,8905,828,1901,006,4223,679,43820,426,60461, 753,60629,063,5355, 562,56931,239,0818,589,43115,726, 5262,162,1091,408,52826,292,9353,283,801
12,794,6216,101,72451,921,647
Balance tothe credit ofdepositors
June 30, 1934
Increase inbalances tothe credit ofdepositors 3
$10,724,400 $56,308.80
Savings stamps
Sold Redeemed
$53,619.00
9,107.468836,036
6.951,84912,078,62676, 643,47815,689.35911,508, 455
452,3697,141,179
29,880,596 |12,783,329
515,3527,395,320
145,703, 23430,860, 66255, 626,98817, 567, 0128,008, 2328, 222,2532,052, 6055,394,104
32, 219,79887,873, 50438,173,951
6,859, 52735,963,45010,915,41919,920, 6172,543,1722,304, 724
34, 229, 6503,839,925
115,848,49714, 574, 6118, 650,529
69,204, 222
-384,075-34, 371-703,051633,187
-8,010,355-203,877-989,314-70,177-521,560
7,165-691, 678
76,955-370,8045,529, 5651,945,4613, 275,4611, 269,914-61,897955, 352713,517
-194,014-2,467,72912, 226, 219
885,901520,212150, 615
-297,9551,634,893396,09673,501
-2,515,316-84,898
-7,110,923473, 232662, 796
3,724, 735
141.00.90
84.60134. 70
2,107.00394.90317. 6027.30
lt092.40948.40567. 7010.60108. 70
3, 256.10829. 30421. 70223. 50248.80113. 20200.10205.90
1,606. 701,699. 20497.00137. 20674.80293.40357.9029.90199. 80
1,778. 5024.80
6, 787. 60255. 60127. 70
1,183.80
$694, 575,368. 74
122. 00
67.00129.00
1,882. 00390.00267.00
26.00h 053.00
954.00539.00
15.0087.00
3.135. 00889. 00413. 00210. 00227. 00108. 00195. 00197. 00
1,609.001,432.00
511.00136.00609.00272.00331. 00
26.00180. 00
1, 755.0031.00
6, 367.00222.00126. 00
1,143. 00
Amount atinterest in
banks June 30,1934
6,351, 747.06869,859. 69
3, 732. 450. 416, 323,981. 34
115,545,440. 665,139,953.145,643,157.751,415,851.031.540,012.649.606, 740. 057,969,862. 23
607. 574. 992, 036. 247. 68
23,960, 282. 8417,704,169.83
7, 689,473.136,134, 296. 084, 289, 581. 646,843, 548. 79
782, 710. 437, 909,470. 98
12,419,080. 9112,614, 646. 7712,931,712.33
5, 234,812. 7711,848, 284. 746,593, 707.813,058,951. 251, 223,972. 072,491,107. 52
47, 581,046. 23850, 567. 57
90,600,043.888, 212,808.871, 350,431. 97
44,839, 523. 23
Interest re-ceived from
banks
$21,829,303.11 $15, 541, 479.16
196, 343. 2321,620.00
112.609. 25177, 364. 66
2, 855, 309.93196,848. 65190,953.9324,892.0865,033. 52
600,798.91309,823. 49
14, 207. 0695,326. 29
839,408.36511, 335.71388,983. 72223,809. 67117,906. 43200,156. 63
16,438.99208, 339. 73730,636. 98607,115.84482,467.10123,086. 29438, 232.89249,416.38158,015. 3326,305.8955,680.87
1,183,488. 6040,009. 74
2,962,670. 78223,303. 02102,295. 74
1,254,600. 09
Interest paiddepositors
Amount ofdeposits
sur-renderedfor bonds
$27, 579, 500
128, 362.0913.686.18
106, 776.09160, 339. 22
1, 091, 596.47232, 642. 36149,288. 68
6, 431. 2568.710,19
432.601. 21182,859. 73
4, 707. 37111, 420. 75
1,872, 626. 49386, 677.90775,970. 64228,889.15113,926. 71
73, 503. 0414,233. 2554,464. 50
423,357. 28830, 770. 48521,090. 4382,992.95
492, 219. 71173,121. 60263,452.80
24,671.1]30,356.10
446,623. 6054,082. 21
1,458,842.97177,831.83112,958.82820,457.96
142, 76022, 600
119, 280261,400
2,398, 200422, 680
69, 5408,500
641,780338, 640205,060
7,22082,160
2, 576, 5601,711,1001, 294,020
621,680315, 020127, 340
76, 240256, 020214,300
2,677, 3401,343,440
89, 6801,122,620
212, 360523, 66042,90025,960
323,58046,160
968,280241,880165,680
2,273,720
1 These totals include the amount of $7,111,957 transferred between depository offices.2 This total includes $9,580 written off postmasters' accounts current as unclaimed.s A minus sign (—) denotes decrease. O i
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Summary of Postal Savings business for the fiscal year ended June 80, 1934, by States—Continued
State
Balance tothe credit ofdepositors
June 30, 1933
OklahomaOregonPennsylvania...Puerto RicoRhode Island...South Carolina.South Dakota..TennesseeTexasUtahVermontVirginiaVirgin Islands..WashingtonWest Virginia..WisconsinWyoming
$20, 382,69817,026, 52565,188,9091,032, 6441,934,973
12, 752, 01511, 995,8959, 346, 033
27, 765, 6843, 627,149
400, 4425,372, 578
40,93033, 201, 362
7, 500,93127,982,8684, 534,418
Deposits
$17,667, 95613, 796, 29144, 230,836
1,448,1441,059, 737
12,975, 33910, 552, 3687,173,909
25, 079, 5032,407, 307
500,8293, 780,004
45, 74228, 453, 7745,620,929
23, 742, 5943, 352, 218
With-drawals
$17,411,96514, 533, 74246, 635,8311,262,4811, 250, 59411,982,8229, 999, 6157,845,999
23, 749,1552,645, 255
307, 365
38,81328, 724,6395,275,38522,388,4913,693,013
Balance tothe credit ofdepositors
June 30, 1934
Increase inbalances tothe credit ofdepositors
16, 289,07462, 783,9141, 218,3071, 744,116
13, 744, 53212, 548, 6488,673,94329,096,0323,389, 201593,906
5,291,88447,859
32, 930, 4977,846, 47529,336,9714,193,623
$255,991-737,451
-2,404,995185,663
-190,857992,517552, 753
-672,0901,330, 348-237,948193,464-80,694
6.929-270,865345,544
1,354,103-340, 795
Savings stamps
Sold Redeemed
$381.30398.10
3,351.1021,831.00
375. 20273. 40273.10171. 50638. 6046.4041.60262.9071.30363.60184.40492.4064.60
$366. 00384. 00
3,097. 0020,930. 00
393. 00277. 00316. 00161. 00632. 0052.0038.00
202. 0066.00
341. 00161. 00467.0081.00
Amount atinterest in
banks June 30,1934
$9,347,842. 4110, 736, 098. 7390,016,423. 65
370,448.131, 759,864.132,975,625. 094,926, 226. 94
12, 037, 528.1717,196, 584. 912,697, 724. 31
462, 743. 635, 752, 212.97
9,837,178. 499, 562,014. 54
10,813,937. 742,135,804. 59
Interest re-ceived from
banks
$370,144. 02347,411. 88
2,535,459.126, 751. 46
41, 072.84174,348. 38190, 562. 00269,402. 24528,840. 0780, 650.10
9,883. 68114, 500. 76
499, 765.19233,174.82362, 718. 06
59, 782. 71
Interest paiddepositors
$286, 697. 25256, 648.13858,139. 25
10, 095. 3324,108. 91
173,186. 02179,859. 54121,835. 88372,049. 8147,840.84
4, 500. 3261, 905. 41
715. 31502, 970. 9995,952.17
351,103. 2871,327. 60
Amountdeposits
sur-renderedfor bonds
$362,920428, 220
1,901, 240
~~~~34,~366219,460166, 060209, 780679,02075,12015,900161,440
"~~49l,~646172,000611,18081,860
IOuo
W
oog
W
a
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REPORT OF THE COMPTROLLER OF THE CURRENCY
SCHOOL SAVINGS BANKING
167
Statistics relative to school savings banks in the various States andthe District of Columbia for the school years ended 1933 and 1934,arith comparative yearly totals beginning with the school year ended1920, are shown in the following tables:
School savings, by States, 1932-33, and 1933-34
[Compiled by the savings bank division of the American Bankers' Association]
States
United States...
AlabamaArizonaArkansas2
CaliforniaColoradoConnecticutDelaware--District of Colum-
bia - - .FloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisiana 2
MaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontana 2
NebraskaNevadaNew Hampshire..New JerseyNew MexicoNew YorkNorth Carolina. __North DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth Carolina 2
South DakotaTennesseeTexasUtahVermont-VirginiaWashingtonWest VirginiaWisconsinWyoming
Number ofschools
1932-33
10,890
711
2,3933
44964
42256163
6249146991525
284109856200274
2185
4107640
61,426
3320
4176
1001, 359
339
3335
22078
47126101232
2
1933-34
9,471
651
2,3913
54656
52580628
14549681525
25110873535
2035
108
'92541
61, 391
14337
887473
3033
212
442
12383
2120
Numberparticipating
1932-33
3, 080, 685
18,733200
430, 667466
102, 55531,183
4,32216,70118,8953,858
93170,82438,72623, 4744,2741,707
25, 31140,853
146,96247, 62798,060
31659,160
6126,974
162, 7282,101
763,7555,573
934106,761
95867,499
432,497111,887
IS 133-34
2,802,899
23,084192
430, 592338
95, 66330, 218
42118, 0286,1853,3001,640
43,15913,85520,8323,9141,526
Deposits
1932-33
$10,332,569.55
77,086.9589. 8.1
812,854. 45483.16
543,414.1378, 369. 37
25,912. 0826, 206. 7484, 207. 0042, 244. 75
364. 42227, 060. 51
91, 251. 3876,190. 4527,904.184,484. 51
25,472; 77. 738. 0740,922
131,23612, 25879,312
73033,108
6,677164,309
2,178816,569
48756,017
333,605119,376
6, 058j 4, 4716,920 5, 491
72, 2051 58. 4361,6961,428
12, 90862, 63919,08249,665
28C
59,10818, 76339,928
68,817 2fi634, 580. 6986, 309. 77
326,302.151,997. 98
146,658. 63
1933-34
$10,727,505.33
119,638.98144. 79
969,463. 24577 92
644,803. 4982,211.82
2, 340. 7621, 788.13
.110, 398. 2220,693.188,715.79
207,800. 3940, 047. 5178. 679.1227, 980. 344, 241. 05
149,956.3174.195. 58
598, 246.1229,916.8(
316,605. 385,110. 74
157, 259. 06
3, 550. 35l 1 - R40. 51700. 20
23,908.17816, 309. 76
9, 271. 892,153, 698. 53
27,151. 894, 010. 76
361,101. 031,190. 01
132,184.861,904,410.31
533,855. 79
42,683. 2174, 201. 86
185, 368. 431, 475. 041, 201. 89
65,513.91297, 308. 77
50, 533. 99181.131.92
1,188. 54
(2)24, 523. 04
836, 621. 2311,381.82
2, 256, 779. 7<
2~405.~7(!426,284. 72
1,939, 376. 89634, 233. 29
30, 488. 5480,897.18
228, 075. 29(2)
422. 6048,363. 36
307,944. 7562, 766. 54
165, 253.101 032.26
Net savings
1932-33
1 $2,315,252.21
1 29,758. 2347.36
1 219,754. 47
1 42, 233. 251 45, 028. 29
1 19. 559. 621 31, 720. 33
42,244. 751 3.331.52
1129f 916. 631 74, 610. 601 82, 689. 87
1 6, 629. 6312, 631.96
10,184. 2561,080.4078,526.52
1 143.116. 451 79,469. 32
911. 46195,168.83
1 1,385. 96452. 95
' 668. 801 229. 503. 08
2, 616. 9328 131. 9b1 3, 790. 60
359. 7P1 169, 048. m
1 906.131 66, 646. 07
1484.009.901 182,147.86
1 19,651. 84183,870.00
12,636.241 445. 09
882. 031 22, 299. 59
* 119, 160. 281 12,304. 05
1 151,369.85
1933-34
$1,375,307.86
28,251.6078. 45
356,875. 26
186, 673.951 16, 777. 54
1 5,615. 0313, 583. 5920, 693.18
3, 228. 86118,341. 441 13,609.16
24,063. 961,814. 52
1 3,520. 06
51,823.4871,878. 34
198.301.461 7,829. 9522,802. 582,422. 845,460. 65
1 434.96
5, 766.14113,449. 49
4, 503.93473, 035. 05
829.9533, 561. 82
37,946.141 2,819. 71
1 19,175. 8119,487. 0252,859. 43
1 481. 381 97, 446. 651 17,113. 94
3, 687.89»27,707.11
1 Loss.8 No report this year.
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168 REPORT OF THE COMPTROLLER OF THE CURRENCY
School savings, by States, 1932-33, and 1933-34—Continued
T O T A L S — U N I T E D S T A T E S
1933-1934 . .1932-1933.1931-19321930-1931 . -1929-19301928-1929 . .1927-19281926-19271925-1926 _1924-19251923-19241922-19231921-1922 _ . .1920-19211919-1920
Number ofschools
9,47110,89012,68614,628 H14,610H14, 254H13,83512,67811,37110,1639,0806,8684,7853,3162,736
Number par-ticipating
2,802,8993,080,6853,106, 5104, 482,6344, 597, 7314, 222,9353,980, 2373, 742, 5513,403, 7462,869,4972, 236, 3261,907,8511,295,607
802,906462,651
Deposits
$10, 727, 505. 3310, 332, 569. 5517, 680, 364. 9225,977, 216.4129,113, 063. 4828,672,496. 0026, 005,138. 0423, 703,436.8020,469,960.8816,961, 560. 7214,991,535. 4010,631,838. 695, 775,122. 324,158, 050.152,800, 301. 18
Net savings
$1,375,307.86i 2, 315, 252. 21i 2,926,902.12
2,167,499. 587,690, 529.68
10, 539,928.469,476,391.329, 464,178.938, 770, 731.057, 779,992.558, 556,991. 27
i Loss.
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REPORT OF THE COMPTROLLER OF THE CURRENCY 169
EXPENSES OF THE CURRENCY BUREAU
The statement following shows the expenses incident to mainte-nance of the Currency Bureau and net income derived by the Govern-ment from taxes on national-bank notes, in the fiscal year endedJune 30, 1934:
Expenses incident to maintenance of Currency Bureau and net income derived bythe Government from taxes on national-bank notes, fiscal year ended June 30',1934
Salaries:Regular roll, including retirement deductionsNational currency reimbursable roll, including retirement
deductionsFederal Reserve issue and redemption division, including
retirement deductionsInsolvent national bank division roll, including retire-
ment deductions _-_Total salaries.
General expenses:Printing and bindingStationeryAmount expended for light, heat, telephone, telegraph,
furniture, labor-saving machines, etc., partially esti-mated
Miscellaneous, rent, etcTotal general expenses
Currency issues:National-bank notes:
PaperPrinting, etc _.Plates (reimbursed)
Federal Reserve notes and bank notes:PaperPrinting, etc . . -Plates
Total currency issuesExpenses on account of national bank examining service, paid
by banks _._,Postage on shipments of national-bank notesPostage on shipments of Federal Reserve notes and bank
notes
Expensespaid fromappropria-
tions
$198,424.13
27,133. 205,033.99
11,159. 33
Insurance on shipments of national-bank not-3sInsurance on shipments of Federal Reserve notes and bank
notes.Surcharge paid on consignments-
Total expenses paid from appropriations..Total expenses reimbursed by banksTotal expenses
45,838.00354, 745.12
i 642, 333. 77
Expensesreimbursedby banks
15,031.3414,956.18
30, 029. 6384, 731.03
26, 656.00
68,467.70418, 946. 7630, 727. 60
2, 319, 087. 56124, 216.14
42,424. 9413, 058. 79
17, 630.6462, 454.40
3,966, 705. 66
Total ex-penses
$44,226.45 L
57,408.95 |.
596,651.55 |.16,711.08
188,074.70
945, 381.18
2,319, 087. 56124, 216.14
42,424. 9413,058. 79
17, 630. 6462, 454. 40
Tax paid by national banks on circulating notes $4,518,904.84Total expenses of Currency Bureau paid from congressional appropriations 1 642,333.77
Net income to Government from taxes on circulation _ 3,876,571.071 Exclusive of $653,121.15 expenses incurred and paid from "Expenses, National Banking Emergency
Act Mar. 9, 1933."
Respectfully submitted.J. F. T. O'CONNOR,
Comptroller of the Currency,
To the SPEAKER OF THE HOUSE OF REPRESENTATIVES.
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APPENDIX
171
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REPORT OF THE COMPTROLLER OK THE CURRENCY 173
TABLE NO. 1.—Comptrollers and Deputy Comptrollers of the Currency, dates ofappointment and resignation, and States whence appointed
No. Name Date ofappointment
COMPTROLLERS OF THE CURRENCY
McCulloch, HughClarke, FreemanHulburd, Hiland RKnox, John JayCannon, Henry WTrenholm, William LLacey, Edward SHepburn, A. BartonEckles, James IIDawes, Charles GRidgely, William BarretMurray, Lawrence O . _.Williams, John SkeltonCrissinger, D. RDawes, Henry MMclntosh, Joseph WPole, John WO'Connor, J. F. T
DEPUTY COMPTROLLERS OF THE CURRENCY
Howard, Samuel THulburd, Hiland RKnox, John JayLangworthy, John SSnyder, V. PAbrahams, J. DNixon, R. MTucker, Oliver PCoffin, George MMurray, Lawrence OKane, Thomas P___ _ . _ . __.Fowler, Willis JMclntosh, Joseph W__Collins, Charles W__Stearns, E. WAwait, F. GGough, E. HProctor, John LLyons, Gibbs
MayMar.Feb.Apr.MayApr.MayAug.Apr.Jan.Oct.Apr.Feb.Mar.MayDec.Nov.May
MayAug.Mar.Aug.Jan.Jan.Aug.Apr.Mar.Sept.JuneJulyMayJulyJan.JulyJulyDec.Jan.
9,186321,18651,186725,187212,188420,18861,18892,189226,18931,18981,1901
28,19082,191417,19211,192320,192421, 192811,1933
9,18631,186512,18678,18725,188627,188711,18907,189312,18961,189829,18991,190821,19231,19236,19251,19276.19271.192824,1933
Date ofresignation
Mar.JulyApr.Apr.Mar.Apr.JuneApr.Dec.Sept.Mar.Apr.Mar.Apr.Dec.Nov.Sept.
8,186524,18663,187230,18841,188630,188930.189225.189331,189730,190128,190827,19132, 1921
30, 192317,192420,192820, 1932
Aug.Jan.Apr.Jan.Jan.MayMar.Mar.Aug.JuneMar.Feb.Dec.JuneNov.
1,186531,186724,18723.18863.1887
25,189016,189311,189631.189827.18992, 1923 :14,192719,192430,192730, 1928
Jan. 23,1933
State
Indiana.New York.Ohio.Minnesota.
Do.South Carolina.Michigan.New York.Illinois.
Do.Do.
New York.Virginia.Ohio.Illinois.
Do.Ohio.California.
New York.Ohio.Minnesota.New York.
Do.Virginia.Indiana.Kentucky.South Carolina.New York.District of Columbia,Indiana.Illinois.
Do.Virginia.Maryland.Indiana.Washington.Georgia.
1 Term expired. 2 Died Mar. 2, 1923.
TABLE NO. 2.—Na?nes and compensation of officers and clerks in the office of theComptroller of the Currency, Oct. 31, 1934
Name Designation
Quinn, Edmund F Administrative officer-Gross, Clyde E Administrative assistant. _
Senior administrative assistant-.do-
Kane, William AAvery, AntoinetteMarble, George R do.Offutt, William F ... Junior administrative assistantJohnston, Edna E doThompson, George doReese, William H doVerrill, Harry M doBock, Carl Principal clerkTucker, Samuel M Junior administrative assistantEllis, H. B Principal clerkHerndon, John W doBuell, Willard E doHanlon, Margaret T Senior clerkLewis, John O : doBasinger, Walter S Principal clerkFurbershaw, Miriam doHorsey, Olga S ! doTylor, Gertrude I doO'Mara, Vera L Senior clerkWhelan, Marjorie B \ Senior clerk-stenographerReed, S. ELovelly, Laura F_ .Jones, Margaret E .
Senior clerk.ClerkSenior clerk.
Salary
$4,8003,6003,4003,3003, 3002,9002,8002,8002,7002,7002,7002, 6002,6002,5002,4002,4002,4002,3002,3002,3002,3002,3002,3002,2002,1602,100
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174 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 2.—Names and compensation of officers and clerks in the office of theComptroller of the Currencyy Oct. 31, 1934—Continued
Name Designation Salary
O'Brien, May FBentley, Thomas BHeizer, Helen VGorham, W. AbbottHaygood, EthelFriedrichs, Minna KAndrews, Ettie FHaley, John RHilleary, RuaHarris, John EKing, Dorothy CBeall, Clara MHeizer, Nannie BJamieson, William GLowell, Harriet PNolan, Lida ASmith, Helen MMunnerlyn, Joseph ACulbertson, Bonnie LFox, Bessie EMortimer, Mary HTreuthart, HubertBales, Anna SBrumbaugh, Delia LBuckley, Regina CChisholm, ElizabethColburn, Nellie AHopkins, Edna IMagruder, Edith PNichols, Sada CSchiller, Ernestine HWalker, Johanna SBaldwin, Wallance NBurlingame, Delia J .__Hewson, EllaJorgenson, John ABarry, Gertrude ICrocker, Henry A. DHaymon, N. MabelMallet, Katherine H rMcKinney, Elva LQuackenbush, Dorothy STschiffely, Lacey B. RDodge, Victor HDailey, WilliamCaudell, Mary LMueller, PaulineSmith, Clara EWatts, Metta FSazama, Alice RGlenn, Frances MoncureBarksdale, George TBrannock, BurnetaCanavan, Josephine MCroson, Maud BDent, Mary JKellam, Margaret MMcFadden, Arthur MSchafEer, Dorothy LSmith, Mabel WWilson, Mildred CWolfe, Alice MFord, Ethel DGorham, Eloise HParsons, RuthEthridge, Elsie EJoyce, Atha-LaneShea, Catherine LHatter, Madaline BHurd, Agnes EKidd, Jeannette BMoore, May LaPorteO'Donnell, Josephine AParsons, Edith NFrock, Annie CHarleston, CatherineElmore, Annie LTaylor, Mathilda SChamberlain, Robert JKemether, Eva CWood, KathleenMarks, Grace J __
ClerkSenior clerk,
do-Senior clerk-stenographer.
doAssistant clerkClerk.
do-do.
Senior clerk.Clerk-stenographerHead typistAssistant clerkSenior operator, office devices.ClerkAssistant clerk
do
Clerk-stenographer-.do
. . . .do
Assistant clerk.dodo
_do...do._do._do..do..do-do
Junior clerk,.—do _.—do. . . .doAssistant clerk,
do_do..do_.dp.d_do.
_do_Assistant clerk-stenographer.Junior clerk.Assistant clerk.
dodo
_do.Assistant clerk-stenographer. . .Junior clerkAssistant clerk
do.do-.do._do..do._do_-do._do._do..do.
Assistant clerk-stenographer,do.do.
Senior stenographer,do.do.
Senior operator, office devices.do
..—dodo
Junior clerkSenior typistCounter clerk
.do-Junior clerk.
do-Junior operator, office devices.
doJunior clerkMoney counter _ ___
$2,0402,0002,0002,0002,0001,9801,9201,9201,9201,8601,8601,8601,8601,8601,8601,8601,8601,8601,8001,8001,8001,8001,8001,8001,8001,8001,8001,8001,8001,8001,8001,8001,8001,8001,8001,8001,7401,7401,7401,7401,7401,7401,7401,7401,7401,6801,6801,6801,6801,6801,6801,6201,6201,6201,6201,6201,6201,6201,6201,6201,6201,6201,6201,6201,6201,6201,6201,6201,6201,6201,6201,6201,6201,6201,6201,6201,6201,6201,5601,5601,5601,560
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REPORT OF THE COMPTROLLER OP THE CURRENCY 175
TABLE NO. 2.—Names and compensation of officers and clerks in the office of theComptroller of the Currency, Oct. 31, 1934—Continued
Name Designation
Shely, Myrtle B Junior clerk-typist.White, Grace M ! doBrown, Edith L | Junior clerkDillon, Minnie L j Counter clerk.Curtin, Anna E Money counter-Week, George W Junior mechanicWhiteman, Edgar MessengerGreer, Grace West ! Junior operator, office devices _Murtaugh, Ruth A Junior stenographerSnoddy, Ralph D Under clerkSheward, Adelaide H Junior clerkDuRant, Anna K Money counterDutrow, Mary H do_Mennel, Theresa do_Reese, Aline doRoberts, Victoria doSimms, Harry E Under clerkHaley, Mary C Money Counter-Settle, May C. W doBlount, Joseph T j MessengerCarroll, John I i do_Cover, Thomas AJones, George SMims, AlvinEHoland, ThomasTaylor, John HGervais, Gladys EMann, Harrry CHill, Edgar WThompson, FrankLipkovitz, Israel SSehafE, Boyd FGrossman, Albert F._Doucet, Eva HHornbach, Barbara J_.Robinson, Bessie N___Simber, Marie CBarrett, Lester JBerkley, Guy HJackson, Emmitt G___Jackson, HampMoore, Frederick S___Tillman, MelvinTaylor, Mary FWilliam, Beatrice
do_do-do-
Senior laborerdo
Money counterUnder clerkMessengerSenior laborerUnder clerk
doUnder clerk-typistMoney counter
dododo
Messengerdodododo
.—.doMinor domestic attendant.
do
Salary
$1,5001,5001,5001,5001,5001,5001,5001,4401,4401,4401,4401,4401,4401,4401,4401,4401,3801,3801,3801,3801,3801,3801,3801,3801,3801,3801,3201,3201,3201,3201,2601,2601,2601,2601,2601,2601,2601,2601,2601,2001,2001,2001,200
600600
TABLE NO. 3.—Number of national banks organized since Feb. 25, 1863, numberpassed out of the system, and number in existence Oct. 31, 1934
Under act of Feb. 25, 1863 456Underact of June 3,1864, as amended 9,078Under Gold Currency Act of July 12, 1870 . . 10Under act of Mar. 14, 1900 4,752
Total number of national banks organized 14,296Number reported in voluntary liquidation 5,357Number passed into liquidation upon expirat on of corporate existence 208Number consolidated under act of Nov. 7, 1918 380Number placed in charge of receivers 1 2,762
Total number passed out of the system. 8,707
Number now in existence 5,589
1 Exclusive of those restored to solvency.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
176 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 4.—Authorized capital stock of national banks on the 1st day of eachmonth from Jan. 1, 1930', to Nov. 1, 1934, United States bonds on deposit tosecure circulation, circulation secured by bonds on deposit, the amount of lawfulmoney on deposit to redeem circulation, and national-bank notes outstanding
[For prior years see annual reports 1920 and 1931]
Date
January...February__MarchAprilMayJuneJulyAugustSeptember.OctoberNovember.December..
1930
January . . .February._MarchAprilMayJuneJulyAugustSeptember,OctoberNovember.December. _
1931
January . . .February--MarchAprilMayJuneJulyAugustSeptember.OctoberNovember.December—
1932
1933JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember
January.. _February...MarchAprilMayJuneJulyAugustSeptember.OctoberNovember.
1934
Num-ber ofbanksn exist-ence
7,4727,4407,4127,3727,3617,3357,3117, 2777,2627,2437,2187,185
7,1447,0977,0497,0046,9826,9376,8866,8416,7906,7446,6196,564
6,4886,4116,3396,3076,2786,2556,2056,1726,1456,1286,104
6,0495,9995.9645,9535,9445,9415,9465,9405,9145,8845,7995,767
5,7415,7165,7115,6925,6655,6445,6335,6315,6235,6055,589
Authorizedcapital stock,
common
1, 714, 224,0151, 715, 527,4151, 718,132, 5651, 717,107,1651, 713, 508,1651, 754, 760, 6291, 753, 790,6291, 752, 883,1291, 753,458,1291, 748, 968,1291, 748, 495, 6291, 741, 729, 668
1, 737,1, 732,1, 728,1, 725,1, 724,1, 718,1, 713,1, 709,1, 705,1, 697,1, 660,1, 633,
079, 668131, 068321,068826,068821,068432,146822,146282,146277,146752,146760,146380,350
1,644,1, 635,1, 608,1, 605,1, 602,1, 598,1, 589,1, 576,1, 574,1,571,1, 645,1, 641,
834,765615, 265392, 765062, 765337, 815067,815685,815995,815254,815709,825519,825824, 825
1, 640, 249, 8251, 630, 569,8251, 624, 864,8251, 629, 060,8251, 631, 738, 3251, 599, 853,3251, 597, 369, 6751, 602, 829,6251, 597, 612, 6251, 596, 967, 8251, 587, 047,8251, 579, 965,325
1, 522, 213, 6911,464,908, 6911,456,298,6911,400, 231,9411,380,092,1411, 370,361,9411,354,103,7411,346, 791, 2411,340,182,7411, 333, 617,0511,326,730,901
UnitedStates bondson depositto secure
circulation
667, 774,650667, 464, 790667,108, 740667, 251, 240667, 650, 750667,156, 250666, 824, 750666,406, 250667, 320, 950667, 819, 250"1,128,450669, 222, 350
668, 550, 850666, 204, 350667, 434, 800667, 982, 300668, 503, 700667, 419, 300667,154, 800668, 305,100667, 950,100667, 098, 590665, 255, 340660, 625, 090
666,474, 590660, 409, 240664, 944, 440667, 669, 240668, 882, 490669, 827, 590670, 487, 590672, 408, 440733, 600, 490780, 377, 630799, 672, 590812, 590, 590
796, 908, 870796, 069, 670806, 026, 070885, 871, 740899,410, 240897, 952, 290856,394, 230852, 529, 890855, 781, 930857, 210, 430852, 631, 430859, 736,430
890,136, 780890,191,530887,005,520847,058,170799, 699,770750,869,320736, 948,670718,150,910707,112, 660700,112,950696, 720,650
Circulationsecured
by UnitedStatesbonds
663,823,167664, 468, 092664, 928,197665,107, 343665, 974, 780665, 719, 485665,607, 070663, 528, 038664, 838,833665, 853, 557668, 017, 935
1,033,075
667, 078, 250664, 451, 097664, 220,805666, 682, 898666, 770, 878665, 889,688665, 591, 438666, 594, 576666, 020, 536665, 271,853665,182, 578658,491,916
664, 798, 311654, 580, 738665,138, 348666, 238, 578666, 472, 241668, 580, 423669, 570, 345667, 831, 250719, 829, 513769, 831,107787, 913, 945796, 032, 621
786,734,150786, 034, 870800, 885, 900875,820,165893,199, 238864, 590,423853, 935, 968848, 207, 263851, 509, 995852,464,810849,453, 595853,937, 995
885, 835,678886,086, 290884,147,835840,848,330791,996,353743,980,298729,973,968713,013,985702,209,638694,482,633692,796, 653
Lawfulmoney ondeposit to
redeemcirculation
34,118,07332,115, 29831, 669, 54831, 066, 74531, 225, 24831, 933,19332, 710, 39833, 025, 39032, 984, 33533, 414, 77332,137, 96531, 911, 805
31, 358, 44531, 939, 06833, 892, 70332, 566, 68531, 278,17330, 709, 43831, 413, 00831, 911, 24032, 239, 74532, 861, 92333, 826, 45343, 896,465
45,813, 58561,183, 87867, 238, 87571, 700, 68571, 523, 84070, 036, 50067,103, 86866,046,17363, 576, 84062,191, 67875,161, 95579,848, 287
94, 596, 69895, 111, 14093, 435,15590,840, 37588, 832,155
116, 072, 980116, 665,120118,426, 910114,422,100110, 533, 735112, 094, 540107,333, 292
101,678, 70099,508,223
100,489,113140, 699, 333182,152, 445219, 211, 255224, 720, 785228, 770, 240226,778,812223, 506,135214, 595, 435
Totalnational-
bank notesoutstanding
697,941,240696, 583, 390696, 597, 745696,174, 088697, 200, 028697, 562,678698, 317,468696, 553, 428697, 823,168699, 268, 330700,155, 900699, 944, 880
698, 436, 695696, 390,165698,113, 508699, 249, 583698,049, 051696, 599,126697, 004, 446698, 505, 816698, 260, 281698,133, 776699, 009, 031702, 388, 381
710, 611, 896715, 764, 616732, 377, 223737, 939, 263737,996, 081738,616, 923736, 674, 213733, 877,423783, 406, 353832, 022, 785863, 075, 900875,880, 908
881, 330,848881,146, 010894, 321, 055966, 660, 540982,031, 393980, 663,403970, 601, 088966, 634,173965, 932, 095962, 998, 545961, 548,135961,271,287
987, 514, 378985, 594, 513984,636,948981,547, 663974,148, 798963,191, 553954,694,753941,784, 225928,988,450917,988, 768907,392, 088
NOTE.—Notes redeemed but not assorted not included in circulation outstanding.NOTE.—New series of notes included since July 1929.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OP THE COMPTROLLER OP THE CURRENCY 177TABLE NO. 5.—National banks reported in liquidation from Nov. 1, 1938, to Oct.
31, 1934, the names, where known, of succeeding banks in cases of succession,with date of liquidation and capital
Name and location, ol" bank
The First National Bank of Springville, Pa. (11393), absorbed by The Firstand Farmers National Bank and Trust Company of Montrose, Pa
The Citizens National Bank of Gastonia, N. C. (7536), succeeded by TheCitizens National Bank in Gastonia
The First National Bank of Columbia, 111. (717), succeeded by The FirstNational Bank in Columbia ."
The Marion National Bank, Marion, Ind. (7758), succeeded by MarionNational Bank of Marion
The First National Bank in Reading, Mass. (13558), succeeded by FirstNational Bank of Reading
The Jewell County National Bank of Burr Oak, Kans. (7302), absorbed byThe Burr Oak State Bank
The Commercial National Bank of Uvalde, r 'ex. (6831), absorbed by FirstState Bank of Uvalde
The Farmington National Bank, Farmington, N. H. (2022), succeeded byFarmington National Bank
The First National Bank of Scottsdale, Pa. (1098), succeeded by First Na-tional Bank of Scottsdale
The Dennison National Bank, Dennison, 0 lio (6843), succeeded by TheFirst National Bank of Dennison
Fidelity National Bank and Trust Company of Kansas City, Mo. (11344),succeeded by Union National Bank in Kansas City
The Stockgrowers National Bank of Ashland, Kansas (5386), succeeded byThe Stockgrowers State Bank of Ashland
The Hico National Bank, Hico, Tex. (7157), absorbed by The First NationalBank of Hicq
The First National Bank of Ronceverte, W. 7a. (5280), succeeded by FirstNational Bank in Ronceverte
The Paintsyille National Bank, Paintsville, Ky. (6100), succeeded by TheFirst National Bank of Paintsville
The Rockville National Bank, Rockville, Conn. (509), absorbed by TheHartford-Connecticut Trust Company, Hariford, Conn
The Lewiston National Bank, Lewiston, Idaho (3023), succeeded by LewistonNational Bank
The Washington National Bank, Washington, towa (1762), succeeded by TheNational Bank of Washington
The First National Bank of Charlestown, Ind. (6952), succeeded by FirstBank of Charlestown
Central National Bank and Trust Company of Battle Creek, Mich. (7013),succeeded by The Central National Bank at Battle Creek
United States National Bank of McMinnville, Oreg. (3857), absorbed byThe United States National Bank of Portland, Oreg
The United States National Bank of Salem, Oreg. (9021), absorbed by TheUnited States National Bank of Portland, O -eg
The First National Bank of St. Helens, Oreg. (11200), absorbed by The UnitedStates National Bank of Portland, Oreg
The Washington National Bank of Olympia, Wash. (13662), absorbed byFirst National Bank of Seattle, Wash
The First National Bank of Hampton, Va. (6842), succeeded by The CitizensNational Bank of Hampton
The Florida National Bank, Florida, N. Y. (9956), succeeded by The NationalBank of Florida
The Farmers National Bank of Chinook, Mont. (10053), succeeded by TheFarmers National Bank in Chinook
Tvhe Tuxedo National Bank, Tuxedo, N. Y. (1.1404), succeeded by The Na-tional Bank of Tuxedo
The First National Bank of Meriden, Conn. (250), absorbed by The Hartford-Connecticut Trust Company, Hartford, Conn
The First National Bank of Middletown, Conn. (397), absorbed by TheHartford-Connecticut Trust Company, Hartford, Conn
The First National Bank of Stafford Springs, Conn. (3914), absorbed by TheHartford-Connecticut Trust Company, Hartford, Conn
The Citizens National Bank of Cedar Vale, Kims. (6530)The First National Bank of May, Tex. (8327)The Kinsman National Bank, Kinsman, Ohio (3077), succeeded by The First
National Bank of KinsmanThe Citizens National Bank of Daingerfield, Tex. (7096), absorbed by The
National Bank of DaingerfieldThe Farmers National Bank of Texhoma, Oklfc.. (12L25)The National Exchange Bank and Trust Company of New York, N. Y. (13442)The First National Bank of Marlinton, W. Va. (6538), succeeded by First
National Bank in MarlintonThe Sorento National Bank, Sorento, Illinois (10505)National Ulster County Bank and Trust Company of Kingston, N. Y. (1050),
succeeded by The National Ulster County Bank of KingstonThe First National Bank of Hubbell, Mich. (!>359), succeeded by The First
National Bank at Hubbell ... . _ ._ . . .
Date ofliquidation
Sept.
Nov.
Oct.
Nov.
Nov.
Nov.
Nov.
Nov.
Nov.
Nov.
Nov.
Nov.
Dec.
Nov.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Nov.
Dec.
Dec.
Dec.
14,1933
7,1933
21,1933
6,1933
1,1933
14,1933
16,1933
18,1933
10,1933
29,1933
24,1933
27,1933
1,1933
28,1933
4,1933
12,1933
4,1933
15,1933
12,1933
4,1933
1,1933
15,1933
8,1933
15,1933
6,1933
13,1933
18,1933
28,1933
doJan. 4,1934
Dec. 15, 1933
Jan. 6,1934
Capital
$25, 000
500, 000
50,000
250,000
100,000
50,000
100, 000
50, 000
50, 000
100,000
4, 000, 000
50,000
60, 000
75,000
200, 000
100, 000
100, 000
100,000
25, 000
500, 000
125, 000
100,000
50, 000
100,000
50, 000
100,000
50, 000
100,000
200,000
200,000
50,00050,00025,000
50, 000
30,00025,000
1,000,000
50,00025,000
200,000
50,000
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
178 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 5.—National banks reported in liquidation from Nov. 1, 1933, to Oct.31, 1934, the names, where known, of succeeding banks in cases of succession,with date of liquidation and capital—Continued
Name and location of bank
The First National Bank of El Segundo, Calif. (11850), absorbed by Security-First National Bank of Los Angeles, Calif
The Cecil National Bank of Port Deposit, Md. (1211), succeeded by TheCecil National Bank at Port Deposit
The Claremont National Bank, Claremont, N. H. (596), succeeded by Clare-mont National Bank
The First National Bank of Santa Anna, Tex. (8109), succeeded by The SantaAnna National Bank
The National Tradesmens Bank and Trust Company of New Haven, Conn.(1202), succeeded by The Tradesmens National Bank of New Haven
The Rochelle National Bank, Rochelle, Tex. (12796), absorbed by The Com-mercial National Bank of Brady, Texas
The Security National Bank of Cheney, Wash.(9144), absorbed by Spokaneand Eastern Trust Company, Spokane, Wash
The Peoples National Bank of Kansas City, Kans. (9309), succeeded bySecurity National Bank of Kansas City
The First National Bank of Mildred, Pa. (9552), absorbed by The FirstNational Bank of Dushore, Pa
The Atlantic National Bank of Charleston, S. C. (10708), absorbed by Citizensand Southern Bank of South Carolina, Charleston
City National Bank in Wellington, Tex. (12166), succeeded by City StateBank in Wellington
The First Greenwood National Bank, Greenwood, Wash. (P. O. Seattle, Wash.)(12851), absorbed by First National Bank of Seattle, Wash
The Coshocton National Bank, Coshocton, Ohio (5103), succeeded by Coshoc-ton National Bank
The First National Bank of Harrisville, Pa. (6859), succeeded by First Na-tional Bank in Harrisville
The Red Oak National Bank, Red Oak, Iowa, (3055) succeeded by The Mont-gomery County National Bank of Red Oak
The Peoples National Bank of Montclair, N. J. (12675), absorbed by TheMontclair Trust Company, Montclair
The First National Bank of Boone, Iowa (3273), succeeded by The CitizensNational Bank of Boone
The Rural Valley National Bank, Rural Valley, Pa. (6083), succeeded by ThePeoples National Bank of Rural Valley
The First National Bank of Green, Kans. (11222), absorbed by The PeoplesNational Bank of Clay Center, Kans
The Citizens National Bank of Hampton, Iowa (7843), succeeded by FirstNational Bank of Hampton
The Farmers National Bank of Holdenville, Okla. (10659), absorbed by TheFirst National Bank of Holdenville
The First National Bank of Belmar, N. J. (5363), succeeded by The BelmarNational Bank
The Washington National Bank of Commerce of Seattle, Wash. (13471), ab-sorbed by The National Bank of Commerce of Seattle
The Rockwell City National Bank, Rockwell City, Iowa (11582), succeededby The National Bank of Rockwell City
The Fletcher American National Bank of Indianapolis, Ind.1 (9829), succeededby American National Bank at Indianapolis
The City National Bank of Dixon, 111. (3294), succeeded by City NationalBank in Dixon
The Capital National Bank of Olympia, Wash. (4297), absorbed by TheNational Bank of Commerce of Seattle, Wash
The First National Bank of Edgerton, Wis. (7040), succeeded by The Na-tional Bank of Edgerton
The Hartford National Bank, Hartford, Ala. (13128), absorbed by The FirstNational Bank of Dothan, Ala
The Central National Bank of Commerce of Seattle, WTash. (13470), absorbedby The National Bank of Commerce of Seattle
The First National Bank of West Union, W. Va. (6424), succeeded by FirstNational Bank in West Union
The First National Bank of Bellaire, Ohio (1944), succeeded by First NationalBank in Bellaire
The National Spraker Bank of Canaioharie, N. Y. (1257), succeeded byNational Spraker Bank in Canajoharie
The Farmers and Mechanics National Bank of Mercer, Pa. (2256), succeededby The Farmers National Bank of Mercer
The First National Bank of Albuquerque, N. Mex. (2614), succeeded by FirstNational Bank in Albuquerque
The First National Bank of Albion, Pa. (9534), succeeded by First NationalBank at Albion
The Greys Harbor National Bank of Aberdeen, Wash. (12704), absorbed byThe National Bank of Commerce of Seattle, Wash
The First National Bank of Parkton, Md. (9444), succeeded by The FirstNational Bank in Parkton
The National Bank & Trust Company of North Kansas City, Mo. (10367),succeeded by The National Bank in North Kansas City
Date ofliquidation
Jan. 8,1934
— d o
Jan. 9,1934
Jan. 15,1934
Dec. 30,1933
Jan. 9,1934
— _do
Jan. 13,1934
Jan. 9,1934
Dec. 22,1933
Jan. 12,1934
Jan. 9,1934
Jan. 16,1934
do
Jan. 5, 1934
Jan. 15,1934
Jan. 24,1934
Jan. 20,1934
Oct. 8,1933
Dec. 1,1933
Jan. 9,1934
Jan. 29,1934
Jan. 24,1934
Jan. 19,1934
Jan. 30,1934
Jan. 20,1934
Jan. 31,1934
Jan. 9,1934
Feb. 5,1934
Jan. 2,1934
Feb. 8,1934
do
Feb. 7,1934
Feb. 6,1934
Jan. 29,1934
Feb. 12,1934
Jan. 30,1934
Capital
$25,000
50,000
100,000
50,000
500,000
25, 000
50,000
200,000
25,000
200,000
100,000
25,000
200,000
40,000
100,000
200,000
200,000
60,000
25,000
100,000
25,000
50,000
100,000
50,000
3,600,000
100,000
100,000
50,000
50,000
200,000
50,000
300,000
100,000
80,000
400,000
50,000
200,000
25,000
50,000
i With one branch in Indianapolis.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 179
TABLE NO. 5.—National banks reported in liquidation from Nov. 1, 1933, to Oct.31, 1934, the names, where known, of succeeding banks in cases of succession,with date of liquidation and capital—Continued
Name and location of bank
The First National Bank of Haddon Heights, N". J. (13530), absorbed by FirstCamden National Bank and Trust Company, Camden, N. J
The New Florence National Bank, New Florence, Pa. (10353), succeeded byNew Florence National Bank
The Cumberland County National Bank of Neoga, 111. (5426), succeeded byCumberland County National Bank in Neoga
The Burrows National Bank of Andover, N. Y. (8146), succeeded by TheAndover National Bank
The Skagit National Bank of Mount Verno.i, Wash. (12154), absorbed byFirst National Bank of Seattle, Wash
The Greeley Union National Bank, Greeley, Colo. (4437), succeeded by TheGreeley National Bank
The Farmers National Bank of Somerset, Pa. (5452), succeeded by ThePeoples National Bank of Somerset
The Grand Valley National Bank of Grand Junction, Colo. (6137), succeededby First National Bank in Grand Junction
The First National Bank of Ha warden, Iowa (4594), succeeded by FirstNational Bank in Hawarden
Farmers and Merchants National Bank & Trust Company of Benton Harbor,Mich. (105 29), succeeded by Farmers and Merchants National Bank inBenton Harbor
The First Narional Bank in Temple, Tex. (132(16), succeeded by First NationalBank of Temple
The Jackson National Bank, Jackson, Ga. (9186), succeeded by Jackson Na-tional Bank
The First National Bank of Nevada, Tex. (5721), absorbed by The FirstNational Bank in Farmersville, Tex
The First National Bank of Renton, Wash. (12399), absorbed by PeoplesBank & Trust Company of Seattle, Wash
The Coos County National Bank of Groveton, N. H. (5317), succeeded byGroveton National Bank
The Lockhart National Bank, Lockhart, Tex. (5491), succeeded by First-Lockhart National Bank
The First National Bank of Silverton, Colo. (2930)The First National Bank of Lockhart, Tex. (4030), succeeded by First-Lock-
hart National BankThe Farmers and Merchants National Bank of Bellaire, Ohio (7327), succeeded
by Farmers and Merchants National Bank in BellaireFarmers National Bank in Houlton, Maine (13827), absorbed by The First
National Bank of HoultonThe Oilfields National Bank of Brea, Calif. (13001), succeeded by Oilfields
National Bank in BreaThe First National Bank ofPepperell (P. O. East Pepperell), Mass. (5964),
succeeded by First National Bank in Peppf-rell (P. O. East Pepperell)The First National Bank of Pinckneyville, 111. (6025), succeeded by First
National Bank in PinckneyvilleThe First National Bank of Ontonagon, Mich. (6820), succeeded by The First
National Bank of OntonagonThe Spur National Bank, Spur, Tex. (9611), succeeded by Spur Security Bank.The First National Bank of Ree Heights, S. Dak. (13061), absorbed by The
First National Bank of Miller, S. DakThe First National Bank of Lake Crystal, Minn. (6918), succeeded by The
Lake Crystal National BankFirst National Bank in Carrollton, Ohio (11714), succeeded by The First
National Bank at CarrolltonFirst National Bank in Conneautville, Pa. (12189), succeeded by The Farmers
National Bank of ConneautvilleThe First National Bank of Herndon, Pa. (604U), succeeded by The Herndon
National BankThe Dickson City National Bank, Dickson City, Pa. (9851), succeeded by
The First National Bank of Dickson CityThe First National Bank of Spring Lake, N. J. (5730), succeeded by First
National Bank of Spring LakeThe First National Bank and Trust Company of New Egypt, N. J. (8254),
succeeded by First National Bank in New EgyptThe Pearsall National Bank in Pearsall, Tex. (13572), succeeded by Security
State Bank, PearsallThe First National Bank of Conneaut Lake, Pa. (6891), succeeded by First
National Bank at Conneaut LakeThe First National Bank of Jordan, Mont. (11493), absorbed by First National
Bank in Miles City, MontThe First National Bank of Hegins, Pa. (9107); succeeded by First National
Bank of HeginsThe Nebraska National Bank of Hastings, Nebr. (3732), succeeded by City
National Bank of HastingsThe Pine Bush National Bank, Pine Bush, N. Y. (9940), succeeded by The
National Bank of Pine Bush
Date ofliquidation
Feb.
Feb.
Feb.
Dec.
Feb.
Feb.
Feb.
Feb.
Feb.
14,1934
15,1934
10,1934
30.1933
13.1934
14,1934
20,1934
13,1934
12,1934
Jan. 9,1934
Feb. 15,1934
Feb. 20,1934
Feb. 5,1934
Nov. 28,1933
Feb. 20,1934Mar. 1,1934
Feb 20,1934
Feb. 13,1934
Feb. 20,1934
Mar. 2,1934
Mar. 1,1934
Mar. 8,1934
doFeb. 26,1934
Mar. 7,1934
Mar. 9,1934
Feb. 21, 1934
Mar. 7,1934
Mar. 9,1934
Feb. 19,1934
Feb. 24,1934
Mar. 15,1934
Mar. 10,1934
Mar. 13,1934
Feb. 26,1934
Mar. 19,1934
Mar. 9,1934
Mar. 20,1934
Capital
$100,000
25,000
50, 000
25,000
100,000
200, 000
50, 000
100, 000
50,000
275, 000
100, 000
75,000
25,000
50, 000
50, 000
200,00050, 000
200,000
100, 000
2 100,000
75, 000
50,000
50,000
50,000100,000
25, 000
60,000
100,000
50,000
25, 000
50,000
25,000
100, 000
25, 000
50,000
25, 000
50,000
100, 000
50,0002 Includes $50,000 preferred capital stock.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
180 EEPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 5.—National banks reported in liquidation from Nov. 1, 1933, to Oct.31, 1934, the names, where known, of succeeding banks in cases of succession,with date of liquidation and capital—Continued
Name and location of bank
The First National Bank of St. Clairsville, Ohio, (315), succeeded by FirstNational Bank in St. Clairsville
The First National Bank of New Freedom, Pa. (6715), succeeded by FirstNational Bank in New Freedom
The First National Bank of Philmont, N. Y. (7233), succeeded by PhilmontNational Bank
The First National Bank of Granville at Oxford, N. C. (5885), succeeded byThe Oxford National Bank
The Fredonia National Bank, Fredonia, Pa. (7471), succeeded by FredoniaNational Bank
The First National Bank of Clay City, Ind. (9540), absorbed by Farmers andMerchants Bank of Clay City
The First National Bank of Clatskanie, Oreg. (11758), succeeded by FirstNational Bank in Clatskanie
The Third National Bank of Chestertown, Md. (9744), succeeded by TheFirst National Bank of Chestertown
The Altadena National Bank, Altadena, Calif. (12910)The First National Bank of Sharon, Pa. (1685), succeeded by First National
Bank in SharonThe Packers National Bank of South Omaha (P. O. Omaha), Nebr. (4589),
succeeded by Packers National Bank in OmahaThe Villisca National Bank, Villisca, Iowa (7506), succeeded by The Noda-
way Valley National Bank of VilliscaThe First National Bank of Big Springs, Big Spring, Tex. (4306), succeeded
by The First National Bank in Big SpringThe West Texas National Bank of Big Spring, Tex. (6668), succeeded by The
First National Bank in Big SpringThe First National Bank of Milton, Fla. (7034), succeeded by First National
Bank in Milton .The Berwyn National Bank, Berwyn, Pa. (3945), succeeded by Berwyn
National BankThe Blairsville National Bank, Blairsville, Pa. (4919), succeeded by Blairs-
ville National BankSouthside National Bank of Elmira, N. Y. (13377), absorbed by First National
Bank & Trust Company of ElmiraThe First National Bank of Breckenridge, Tex. (7422), succeeded by First
National Bank in Breckenridge.The Hollywood National Bank of Los Angeles, Calif. (12804), absorbed by
The Seaboard National Bank of Los AngelesThe First National Bank of Boulder, Colo. (2352), succeeded by First National
Bank in BoulderThe Army National Bank of Fort Lewis, Wash. (11805), absorbed by The
National Bank of Tacoma, WashFirst National Bank in Independence, Kans. (4592), succeeded by The Citi-
zens National Bank in IndependenceThe First National Bank of Onancock, Va. (4940), succeeded by The First
National Bank in OnancockThe Oystermen's National Bank of Sayville, N. Y. (5186), absorbed by The
Oystermen's Bank and Trust Company of SayvilleThe Fayette County National Bank of West Union, Iowa (2015), succeeded
by The First National Bank of West UnionThe First National Bank of Altamont, 111. (8733), succeeded by The First
National Bank in AltamontThe Oak Hill National Bank, Oak Hill, W. Va. (12075), succeeded by The
First National Bank of Oak Hill....The First National Bank of Owenton, Ky. (2868), succeeded by The First
National Bank in OwentonThe First National Bank in Windham, N. Y. (12164), succeeded by The
National Bank of WindhamFirst National Bank in Wellington, Ohio (12321), absorbed by The First
Wellington BankThe First National Bank of Blackfoot, Idaho (7419), absorbed by Idaho Bank
and Trust Company, Pocatello, IdahoThe First National Bank of Garfield, N. J. (8462), succeeded by First National
Bank in GarfieldThe Peoples National Bank of Elkins, W. Va. (8376), succeeded by The
Tygarts Valley National Bank of ElkinsNational Bank of Ellsworth, Pa. (6929)The First National Bank of Utica, Mich. (12826), succeeded by The Utica
National BankFirst National Bank & Trust Company of Tarentum, Pa. (4453), succeeded
by First National Bank in TarentumThe First National Bank of St. Charles, Minn. (6237), succeeded by First
National Bank in St. CharlesThe First National Bank of Bremerton, Wash. (9280), absorbed by The
National Bank of Commerce of Seattle, WashKings Park National Bank, Kings Park, N. Y. (12489), succeeded by The
National Bank of Kings Park
Date ofliquidation
Mar.
Feb.
Mar.
Mar.
Mar.
Mar.
Mar.
Mar.Mar.
Mar.
Mar.
Mar.
Mar.
10,1934
13,1934
24,1934
16,1934
20,1934
22,1934
26,1934
27,193422,1934
28,1934
29,1934
20,1934
19,1934
_do_.
Mar.
Apr.
Mar.
Apr.
Mar.
Mar.
Apr.
Apr.
Apr.
Apr.
Apr.
Mar.
Apr.
Mar.
Apr.
Mar.
Oct.
Jan.
Apr.
Apr.Apr.
27,1934
2,1934
24,1934
3,1934
29,1934
26,1934
10,1934
3,1934
9,3934
10,1934
14,1934
14,1934
12,1934
19,1934
13,1934
23,1934
28.1933
2,1934
17, 1934
16.193417,1934
.do-
Apr. 18,1934
Apr. 17,1934
Apr. 2,1934
Apr. 19,1934
Capital
$150,000
50,000
50,000
200,000
25, 000
25, 000
50,000
50, 00050,000
300,000
200,000
60, 000
50,000
50, 000
50,000
125, 000
100,000
100,000
200,000
200,000
100,000
25,000
300,000
100,000
100,000
50,000
50,000
50,000
63,000
25, 000
60,000
50,000
200, 000
50,00025, 000
50, 000
200,000
25,000
100, 000
50,000
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 181
TABLE NO. 5.—National banks reported in liquidation from Nov. 1, 1983} to Oct.81, 1984, the names, where known, of succeeding banks in cases of succession,with date of liquidation and capital—Continued
Name and location of bank Date ofliquidation Capital
The South Side National Bank and Trust Company of Newark, N. J.3
(12631), absorbed by The West Side Trust Co., NewarkFirst National Bank in Lodi, N. J. (13164), absorbed by Peoples Trust Com-
pany of Bergen County, Hackensack, N. J_. -.The Elkins National Bank, Elkins, W. Va. (4718), succeeded by The Tygarts
Valley National Bank of ElkinsThe First National Bank of Sebastopol, Calif. (9648), absorbed by Sebastopol
Savings Bank, Sebastopol— ...The First National Bank of Hardwick, Calif. (10364), absorbed by The First
National Bank of Riverdale, Calif -The La Rose National Bank, La Rose, 111. (10514), absorbed by The Citizens
National Bank of Toluca, 111 -Fannettsburg National Bank, Fannettsburg, Pa. (10899), absorbed by The
National Bank of Chambersburg, Pa _.The Tanners National Bank of Woburn, Mass. (11067), succeeded by Tan-
ners National Bank in Woburn _ .The Grundy County National Bank of Gruady Center, Iowa (3396), suc-
ceeded by The Grundy National Bank of Grundy CenterThe First National Bank of De Kalb, 111. (270il), succeeded by First National
Bank inDeKalbThe First National Bank of Winthrop, Minn. (7014), succeeded by First
National Bank in Winthrop -The First National Bank of George West, Tex. (12919), succeeded by First
National Bank in George West - -The First National Bank of Newton, 111. (586S), succeeded by First National
Bank in Newton --- -The First National Bank of Fairfield, Iowa (1475), succeeded by First National
Bank in Fairfleld ---The Citizens National Bank of Belle Plaine, Iowa (4754), succeeded by The
Citizens National Bank at Belle PlaineThe Greenville National Bank, Greenville, Ohio (7130), succeeded by Green-
ville National Bank ---The Metuchen National Bank, Metuchen, N. J. (7754), succeeded by Me-
tuchen National Bank - -- —The First National Bank of Elberton, Ga. (9252), succeeded by First National
Bank in Elberton -The First National Bank of North Bend, Greg. (9328) succeeded by The
North Bend National Bank --The Teaneck National Bank, Teaneck, N. J. (12981), absorbed by Peoples
Trust Company of Bergen County, Hackensack, N. JThe First National Bank of Soldiers Grove, Wis. (13308)The First National Bank of Stanford, Ky. (2783), succeeded by First National
Bank in Stanford -The Central National Bank of Chillicothe, Ohio (2993)The First National Bank of Lenox, Iowa (5517), succeeded by First National
Bank in Lenox -The First National Bank of Marshall, Mich. (1515), succeeded by First
National Bank in MarshallThe Wallace National Bank of Exeter, Nebr. (13189), succeeded by First
National Bank in ExeterThe American National Bank of Walters, Okk.. (12118), succeeded by Walters
National Bank.. -The First National Bank of Aurora, Nebr. (2897), succeeded by The First
National Bank in AuroraPeoples National Bank of Prunswick, Md. (8244), succeeded by The Peoples
National Bank in BrunswickThe Dover National Bank, Dover, Pa. (9362), succeeded by Dover National
Bank
Apr. 17,1934
.do
Apr. 16,1934
Dec. 27,1933
Feb. 13,1934
Mar. 28,1934
Apr. 16,1934
Apr. 17,1934
Apr. 20,1934
Apr. 24,1934
Apr. 25,1934
Apr. 16,1934
Apr. 25,1934
Apr. 26,1934
Apr. 23,1934
Apr. 9,1934
Apr. 25,1934
do
Apr. 24,1934
Apr. 17,1934Mar. 26,1934
May 1,1934do
The Springs-First National Bank of Cambridge Springs, Pa. (9430), succeededby Springs-First National Bank in Cambridge Springs. _-
The First National Bank of Falfurrias, Tex. (11792), succeeded by The FirstFirst National Bank in Falfurrias
The Southern National Bank of Wynnewood, Okla. (5731), absorbed by TheFirst National Bank of Wynnewood -
The Union National Bank of McKeesport, Pa. (7559), succeeded by TheUnion National Bank at McKeesport--- -
The First National Bank of Viroqua, Wis. (8529), succeeded by First NationalBank in Viroqua
The First National Bank and Trust Company of Greensburg, Pa. (2558),succeeded by First National Bank in Greensburg
The First National Bank of Tucumcari, N. Mex. (6288), succeeded by TheFirst-American National BaDk in Tucumcari _ _ _
Bridgeport National Bank, Bridgeport, Ohio (6624), succeeded by TheBridgeport National Bank
The First National Bank of Clear Lake, Iowa (7869), succeeded by The FirstNational Bank in Clear Lake -
The Conewango Valley National Bank, Conewango Valley, N. Y. (10930),succeeded by Cherry Creek National Bank, Cherry Creek, N. Y
The First National Bank of Groveton, Tex. (6329), succeeeed by First Na-tional Bank in Groveton - --
Apr. 30,1934
May 1,1934
Apr. 27,1934
Apr. 26,1934
Apr. 28,1934
May 5,1934
May 2,1934
Apr. 27,1934
Apr. 28,1934
Jan. 8,1934
May 9,1934
May 8,1934
May 9,1934
May 8,1934
May 11,1934
May 10,1934
May 12,1934
May 14,1934
$300,000
100,000
100,000
100,000
25,000
25,000
25,000
100,000
50,000
100,000
25,000
50,000
50,000
100,000
50,000
250,000
100,000
120,000
100,000
50,00025,000
50,000100, 000
50,000
100, 000
50,000
30,000
50,000
50,000
25,000
100,000
50,000
50,000
150,000
50,000
480,000
100,000
200,000
60,000
25,000
100,000
*, With 2 branches in Newark.3—3j5; 13,Digitized for FRASER
http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
182 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 5.—National banks reported in liquidation from Nov. 1, 1988, to Oct.81, 1984, the names, where known, of succeeding banks in cases of succession,with date of liquidation and capital—Continued
Name and location of bank Date ofliquidation Capital
The Liberty National Bank of Guttenberg, N. J. (12806), succeeded by LibertyNational Bank in Guttenberg !
The Lyons National Bank, Lyons, Kans. (5353), absorbed by The ChandlerNational Bank of Lyons.
The First National Bank of Stoystown, Pa. (5682), succeeded by The FirstNational Bank at Stoystown
The First National Bank of Barbourville, Ky. (6262), succeeded by The UnionNational Bank of Barbourville
The National Bank of John A. Black of Barbourville, Ky. (7284), succeededby The Union National Bank of Barbourville
First National Bank in East St. Louis, 111. (11596), succeeded by First Na-tional Bank at East St. Louis
The First National Bank of Steele, Mo. (12452),absorbed by The NationalBank of Caruthersville, Mo
The Nevada National Bank, Nevada, Iowa (13083), succeeded by NevadaNational Bank
Lagonda-Citizens National Bank of Springfiled, Ohio (2098), succeeded byLagonda National Bank of Springfield
The Palisades Park National Bank & Trust Company, Palisades Park, N. J.(11909), succeeded by The National Bank of Palisades Park
The First National Bank of Export, Pa. (7624), succeeded by First NationalBank of Export _ _ _.
The Citizens National Bank of Hammond, La. (11977), succeeded by TheCitizens National Bank in Hammond
The Cherry Creek National Bank, Cherry Creek, N. Y. (10481), succeeded byCherry Creek National Bank _
The National Bank of Union City, Pa. (5131), succeeded by National Bank ofUnion City
The First National Bank of Gouverneur, N. Y. (2510), succeeded by FirstNational Bank in Gouverneur
The First National Bank of Calvin, Okla. (6980), absorbed by The First Na-tional Bank of Holdenville, Okla
The First National Bank of Cecil, Pa. (7076), succeeded by First NationalBank in Cecil _ . _ .
The Vallejo Commercial National Bank, Vallejo, Calif. (11206), absorbed byBank of America National Trust and Savings Association, San Francisco,Calif.
Apr. 24,1934
May 16,1934
May 18,1934
May 10,1934
do
The Placerville National Bank, Placerville, Calif. (12056), absorbed by Bankof America, San Francisco, Calif
First National Bank in Grass Valley, Calif. (12433), absorbed by Bank ofAmerica, San Francisco, Calif
The First National Bank of Paris, Ky. (6323), succeeded by The NationalBank and Trust Company of Paris
The First National Bank of Hamlin, Tex. (8252), absorbed by The Farmers &Merchants National Bank of Hamlin
The Walters National Bank, Walters, Okla. (7811), succeeded by WaltersNational Bank
The First National Bank of Gladstone, Mich. (10886), succeeded by FirstNational Bank in Gladstone
The Adams National Bank of Devine, Tex. (7212), absorbed by Lytle StateBank, Lytle, Tex .
The United States National Bank of Superior, Wis. (9140), succeeded by TheUnion National Bank of Superior
Shenandoah National Bank, Shenandoah, Iowa (12950), succeeded by TheCity National Bank of Shenandoah
The First National Bank in Durand, Wis. (13529), succeeded by The SecurityNational Bank of Durand
The First National Bank of Canyon, Tex. (5238), succeeded by The FirstNational Bank in Canyon
The First National Bank of Goodland, Kans. (6039), succeeded by First Na-tional Bank in Goodland __
The First National Bank of Crewe, Va. (9455), succeeded by The NationalBank of Crewe _
The First National Bank of Kanorado, Kans. (11860), succeeded by First Na-tional Bank in Goodland, Kans
The Trinidad National Bank, Trinidad, Colo. (3450), succeeded by TrinidadNational Bank.
May 8,1934
do
May 1,1934
May 15,1934
May 17,1934
Apr. 30,1934
May 18,1934
May 15,1934
May 18,1934
May 25,1934
May 26,1934
May 19,1934
May 18,1934
May 22,1934
do
The American National Bank of Tucumcari, N. Mex. (10594), succeeded byThe First-American National Bank in Tucumcari
May 9,1934
May 19,1934
Apr. 16,1934
May 28,1934
May 29,1934
May 22,1934
June 1,1934
May 24,1934
May 31,1934
June 4,1934
May 31,1934
June 4,1934
do
The First National Bank of Tonasket, Wash. (10407), succeeded by First Na-tional Bank in Tonasket
The Traders National Bank of Buckhannon, W. Va. (4760), succeeded by TheCentral National Bank of Buckhannon
The First National Bank in Amboy, Minn. (13342), succeeded by The SecurityNational Bank of Amboy _
The First National Bank of Odebolt, Iowa (4511)The First National Bank of Vermilion, 111. (10365) __The Citizens National Bank of Windber, Pa. (6848), succeeded by Citizens
National Bank in Windber..
May
May
June
MayJuneMay
25,1934
26,1934
11,1934
15,193418,193418,1934
June 2,1934
$100,000
50,000
50,000
50,000
30,000
400,000
25,000
40,000
500,000
100,000
25,000
100,000
25,000
100,000
200,000
25,000
25,000
100,000
50,000
50,000
100,000
40,000
50,000
50,000
50,000
200,000
100,000
50,000
50,000
25,000
50,000
25,000
100,000
50,000
25,000
50,000
25,000140,00025,000
100,000
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
EEPOET OF THE COMPTEOLLEE OP THE CTJBBENCY 183
TABLE NO. 5.—National banks reported in liquidation from Nov. 1, 1933, to Oct.31, 1934, the names, where known, of succeeding banks in cases of succession,with date of liquidation and capital—Continued
Name and location of bank Date ofliquidation Capital
The Citizens National Bank of Llano, Tex. (12463)The First National Bank of What Cheer, Iowa (3192), succeeded by The First
National Bank in What CheerThe Berlin National Bank, Berlin, N. H. (4523), succeeded by Berlin National
Bank, which changed its title to Berlin City National BankThe First National Bank of Moundsville, W. Va. (5717), succeeded by First
National Bank at Moundsville __The First National Bank of Lime Springs, Iowa, (6750), absorbed by Exchange
State Bank, Lime SpringsThe First National Bank of Shelton, Wash. (13723), absorbed by First Na-
tional Bank of Seattle, WashThe United States National Bank of Johnstown, Pa. (5913), succeeded by
United States National Bank in JohnstownThe Citizens National Bank of Groesbeeck, Groesbeck, Tex. (6461), succeeded
by Citizens National Bank in GroesbeckThe First National Bank of Gentry, Ark. (12340), absorbed by Bratt State
Bank, Siloam Springs, ArkThe First National Bank of Edinburg, Tex. (13315), succeeded by First Na-
tional Bank in EdinburgFirst National Bank and Trust Company of Ridgewood, N. J. (5205), absorbed
by Citizens First National Bank and Trust; Company of Ridge woodDallas National Bank, Dallas, Oreg. (7422), absorbed by Dallas City Bank,
DallasThe Clementon National Bank, Clementon, N. J. (11147), succeeded by
National Bank of ClementonThe Auburn National Bank, Auburn, Wash. (12085), succeeded by Auburn
National BankThe First National Bank of Marion, Wis. (12i!86), succeeded by First National
Bank in MarionThe National Bank of Grey Eagle, Minn. (12307), succeeded by State Bank of
Grey EagleThe Haskell National Bank, Haskell, Tex. (4474), succeeded by Haskell
National BankThe Union National Bank of Mount Wolf, Pa. (9361), succeeded by Union
National Bank in Mount WolfThe National Trust Bank of Charleston, 111. (11358), succeeded by The
Charleston National BankThe American National Bank of Woodstock, 111. (6811), succeeded by First
National Bank of WoodstockThe Carbonate American National Bank of Leadville, Colo. (3746)The First National Bank of Metcalf, 111. (79,'i4)____The First National Bank of Bellevue, Tex, (8672), absorbed by The First
National Bank of Henrietta, TexThe Gouger National Bank of Robstown, Tex. (12753), succeeded by The
Robstown National BankThe First National Bank of Williamsburg, Pa. (6971), succeeded by First
National Bank of WilliamsburgThe First National Bank in Gallitzin, Pa. 113533), succeeded by First Na-
tional Bank at GallitzinThe Central National Bank of Cambridge, Ohio (2872), succeeded by The
Central National Bank at CambridgeThe First National Bank of Traer, Iowa (5135), succeeded by The First Na-
tional Bank in TraerThe First National Bank of Ville Platte, La. (10588), absorbed by The Evange-
line Bank & Trust Company of Ville PlatleThe First National Bank of St. Marys, Ohio (4219) succeeded by First Na-
tional Bank in St. MarysThe First National Bank of Lamar, Mo. (4057), succeeded by First National
Bank in LamarThe Buchel National Bank of Cuero, Tex. (X562), succeeded by Buchell Na-
tional Bank in CueroThe First National Bank of Lucas, Kans. (7561)The First National Bank of Trenton, 111. (10125)The Farmers National Bank and Trust Company of Winston-Salem, N. C.4
(12278), succeeded by The First National Bank of Winston-SalemThe American National Bank of McLean, T3x. (10957), succeeded by Ameri-
can National Bank in McLeanThe Merchants National Bank of Nebraska City, Nebr. (2536)The First National Bank of Donnybrook, N. Dak. (12258)The National Bank of Olney, in Philadelphia, Pa. (12931), succeeded by Na-
tional Bank of Olney at PhiladelphiaThe First National Bank of Revere, Mass. (13152), succeeded by First Na-
tional Bank in RevereThe First National Bank of McKees Rocks, Pa. (5142), succeeded by The
First National Bank at McKees RocksThe First National Bank of Conway, Wash. (11984), absorbed by the First
National Bank of Mount Vernon, WashThe First National Bank of Fort Collins, Colo. (2622), succeeded by The First
National Bank in Fort Collins.-
« With 2 branches in Winston-Salem.
June 12,1934
June 20,1934
June 12,1934
June 21,1934
June 20,1934
June 16,1934
June 25,1934
June 18,1934
June 15,1934
June 20,1934
June 23,1934
June 30,1934
June 15,1934
June 30,1934
June 27,1934
July 2,1934
June 29,1934
June 30,1934
do
July 2,1934July 11,1934
July 15,1934
June 30,1934
July 3,1934
July 18,1934
July 16,1934
July 14,1934
July 17,1934
July 14,1934
July 23,1934
July 24,1934
d<doMay 3,1934June 28,1934
July 10,1934June 30,1934Aug. 1,1934
July 16,1934
Aug. 1,1934
Aug. 2,1934
July 27,1934
July 14,1934
$75,000
50,000
100,000
50,000
25,000
50,000
800,000
50,000
25,000
50,000
400, 000
30,000
25,000
50,000
50,000
25,000
60,000
50,000
200,000
100,000100,00025,000
30,000
50,000
50,000
50,000
150,000
100,000
25,000
60,000
50,000
100,00025,00025,000
500,000
25,00050,00025,000
300,000
100,000
200,000
25,000
200,000
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
184 BEPOM OF THE COMPTROLLER O# THE
TABLE N O . 5.—National banks reported in liquidation from Nov. 1, 1933, to Oct.31, 1934, the names, where known, of succeeding banks in cases of succession,with date of liquidation and capital—Continued
Names and location of bank Date ofliquidation Capital
The National Bank of Girard, Pa. (7343), succeeded by The Girard NationalBank _
The First National Bank of Torrance, Calif. (10396), succeeded by TorranceNational Bank _ -
The First National Bank of Hemet, Calif. (10764), absorbed by The CitizensNational Trust and Savings Bank of Riverside, Calif
The First National Bank of Headland, Ala. (7424) _The Vancouver National Bank, Vancouver, Wash. (6013), succeeded by
Vancouver National Bank _ __The Tuckahoe National Bank, Tuckahoe, N. J. (8681), succeeded by The
First National Bank of TuckahoeFirst National Bank in Lubbock, Tex. (12682), succeeded by First National
Bank at Lubbock _The First National Bank of Condon, Oreg. (7059), succeeded by First Na-
tional Bank in Condon _The National Bank of Commerce of Mankato, Minn. (6519), succeeded by
National Bank of Commerce in Mankato.The First National Bank of Hampden, N. Dak. (7650), absorbed by The
First National Bank of Munich, N. Dak _.The Clifton Forge National Bank, Clifton Forge, Va. (9177), succeeded by
The Mountain National Bank of Clifton ForgeThe Peoples National Bank of Zelienople, Pa. (7409), succeeded by The
Union National Bank of Zelienople.- --The First National Bank of Zelienople, Pa. (6141), succeeded by The Union
National Bank of ZelienopleThe First National Bank of Bangor, Pa. (2659), succeeded by First National
Bank in Bangor . - . .The First National Bank of North Girard, Pa. (12363), succeeded by The
Girard National BankThe Caledonia National Bank, Caledonia, 111. (10567), absorbed by The
Second National Bank of Belvidere, 111Old-Merchants National Bank and Trust Company of Battle Creek, Mich.5
(7589), succeeded by Security National Bank of Battle Creek.._The Rochelle National Bank, Rochelle, 111. (1907), succeeded by The Na-
tional Bank of RochelleThe Galva First National Bank, Galva, 111. (2793), succeeded by First Na-
tional Bank in GalvaThe First National Bank of Fort Myers, Fla. (9035), succeeded by The First
National Bank in Fort MyersThe National Bank of Commerce of Astoria, Oreg. (13354), absorbed by The
First National Bank of Portland, OregThe First National Bank of Pasadena, Calif. (3499), absorbed by First Trust
& Savings Bank of Pasadena... -- . —The First National Bank of Trinidad, Colo. (2300), succeeded by The First
National Bank in Trinidad -The Peoples National Bank of Reynoldsville, Pa. (7620), succeeded by Peoples
National Bank in ReynoldsvilleThe American National Bank of Portland, Oreg. (12557), absorbed by The
First National Bank of Portland, OregThe First National Bank of Hancock, Mich. (2143), succeeded by The Na-
tional Metals Bank of HancockThe Galena National Bank, Galena, Kans. (4798)..The First National Bank of Phillippi, W. Va. (6302), succeeded by First
National Bank in PhillippiThe First National Bank of Madison, 111. (8457), succeeded by The First
National Bank in MadisonThe First National Bank of Laurium, Mich. (8598), succeeded by The Na-
tional Metals Bank of Hancock, MichThe Rigby National Bank, Rigby, Idaho (11600), absorbed by American
National Bank of Idaho Falls, IdahoThe First National Bank of Braddock, Pa. (2799), succeeded by First National
Bank of BraddockThe First National Bank of Dale, Wis. (8118), succeeded by Farmers & Mer-
chants Bank, Dale -The Farmers National Bank of Cambridge, 111. (2572), succeeded by The
Peoples National Bank of Cambridge. -National Bank of Port Clinton, Ohio (6227), succeeded by Port Clinton Na-
tional Bank. . . . .The Citizens National Bank of Oconto, Wis. (5521), succeeded by The First
National Bank of OcontoThe Farmers & Merchants National Bank of Venus, Tex. (7798)The First National Bank of Corcoran, Calif. (9546), succeeded by First Na-
tional Bank in Corcoran .The First National Bank of La Veta, Colo. (12531)The First National Bank of Decatur, Nebr. (8988)The First National Bank of Fairview, N. J. (12465), succeeded by The United
National Bank of Cliffside Park, N. J
Aug. 1,1934
Aug. 6,1934
July 19,1934
Aug. 10,1934
Aug. 7,1934
Aug. 3,1934
Aug. 9,1934
Aug. 4,1934
Aug. 14,1934
Aug. 15,1934
Aug. 11,1934
Aug. 17,1934
doAug. 13,1934
Aug. 1,1934
Aug. 14,1934
June 11,1934
Sept. 1,1934
Aug. 15,1934
Aug. 11,1934
Aug. 9,1934
Sept. 1,1934
Sept. 4,1934
Sept. 7,1934
July 31,1934
Sept. 5,1934Sept. 10,1934
Aug. 11,1934
Sept. 6,1934
Sept. 5,1934
June 1,1934
Aug. 29,1934
Sept. 10,1934
Sept. 12,1934
do
Sept. 5,1934Sept. 15,1934
Sept. 14,1934Aug. 29,1934Sept. 11,1934
Sept. 25,1934
$125,000
50,000
50,000130,000
100,000
25,000
200,000
100,000
100,000
25,000
100,000
50,000
50,000
200,000
25,000
25,000
1,300,000
50,000
60, 000
100,000
100,000
500,000
200,000
100,000
400,000
100,00050,000
50,000
50,000
100,000
40,000
100,000
25,000
50,000
100,000
65,00025,000
100,00025,00050,000
100,000
* With one branch in Battle Creek.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
EEPOET OF THE COMPTROLLER OP THE CURRENCY 185
TABLE N O . 5.—National banks reported in liquidation from Nov. 1, 1933, to Oct.31, 193 J+, the names, where known, of succeeding banks in cases of succession,with date of liquidation and capital—Continued
Names and location of bank Date ofliquidation Capital
The First National Bank of Puente, Calif (9894), absorbed by Bank ofAmerica National Trust and Savings Association, San Francisco, Calif
The Strausstown National Bank, Strausstown, Pa. (10452), succeeded byStrausstown National Bank... _._ _
The First National Bank of Choteau, Mont. (10937)The First National Bank of Timblin, Pa. (11204), absorbed by Farmers &
Miners Trust Company, Punxsutawney, Pa --_The First National Bank of Calumet, Mich (3457), succeeded by The Na-
tional Metals Bank of Hancock, MichThe First National Bank of Olney, 111. (1641), succeeded by First National
Bank in Olney--First National Bank in Goldthwaite, Tex. (12589)The Peoples National Bank of Newark, N. J. (12964), absorbed by West Side
Trust Company, Newark..The First National Bank of Cucamonga, CaHf. (7152), absorbed by Bank of
America National Trust and Savings Association, San Francisco, CalifThe Merchants & Miners National Bank of Iron wood, Mich. (12387), suc-
ceeded by The National Metals Bank of Hancock, Mich.The First National Bank of Wampum, Pa. (6664), succeeded by First Na-
tional Bank in Wampum..The First National Bank of Amboy, 111. (5223), succeeded by The First Na-
tional Bank in AmboyThe First National Bank of Claxton, Ga. (10IS33), succeeded by The Claxton
National BankThe Painesville National Bank and Trust Company, Painesville, Ohio
(13318), succeeded by First National Bank in PainesvilleThe Cherryville National Bank, Cherryville, N. C. (12896), succeeded by
Cherryville National BankMarlin-Citizens National Bank, Marlin, Tec. (5606), succeeded by Marlin
National Bank
Sept. 20,1934
Oct. 1,1934— . d o
The Garden City National Bank, Garden City, Kans. (7646), succeeded byThe Garden National Bank of Garden City
The Exchange National Bank of Osborne, Kans. (3472), absorbed by TheFirst State Bank of Osborne__
First National Bank of East Peoria, 111. (6724), succeeded by The First Na-tional Bank in East Peoria
The Lamar National Bank, Lamar, Colo. (&036), succeeded by Lamar Na-tional Bank
The Farmers National Bank of Hutchinson, Minn. (10147); succeeded byThe First National Bank of Hutchinson
The First National Bank of Oak Hill, W. Va. (14034), absorbed by The Mer-chants & Miners National Bank of Oak Hi]l__ —
The Van Wert National Bank, Van Wert, Ohio (2628), succeeded by VanWert National Bank
The First National Bank of Goltry, Okla. (31394), absorbed by First StateBank of Carrier, Okla
The South Broadway National Bank of Denver, Colo. (12974), succeeded byUnion National Bank in Denver
The First National Bank of Eads, Colo. (8411!), succeeded by First NationalBankinEads
The Keystone National Bank of Pittsburg, Pittsburgh, Pa. (7560), succeededby Keystone National Bank in Pittsburgh _.
Calcasieu National Bank in Lake Charles, La.? (13573), succeeded by TheCalcasieu-Marine National Bank of Lake Charles
The National City Bank of Chelsea, Mass. (11270), succeeded by The LincolnNational Bank of Chelsea.
The First National Bank of Milroy, Ind. (11782)The Lincoln National Bank of Buffalo, N. Y. (13219), succeeded by The
Lincoln-East Side National Bank of BuffaloThe First National Bank of Lyndon, Kans. (7222)First National Bank and Trust Company of Bloomington, 111. (13499), suc-
ceeded by The National Bank of Bloomington
Sept.
Sept.
Aug.Oct.
Sept.
Oct.
Sept.
Sept.
Oct.
Sept.
Oct.
Sept.
July
Apr.
Oct.
Sept.
Oct.
Oct.
Oct.
Oct.
Oct.
Oct.
Sept.
Oct.
Sept.
Oct.Sept.
Oct.Oct.
18,1934
29,1934
28,19341,1934
18,1934
2,1934
28,1934
1,1934
2,1934
17,1934
9,1934
20,1934
26,1934
4,1934
15,1934
10,1934
10,1934
15,1934
1,1934
22,1934
4,1934
2,1934
15,1934
24,1934
17,1934
25,193420,1934
26,193419,1934
Aug. 14,1934
Total (357 banks)
$50,000
25,00050,000
25,000
200, 000
75,00025, 000
300, 000
25,000
100,000
75,000
100, 000
50, 000
250,000
100,000
200,000
50,000
50,000
35, 000
50,000
50,000
6 50,000
100,000
25,000
200,000
25,000
600,000
1, 200,000
100,00050,000
200,00025,000
300, 000
' 45, 263, 000
• Includes $25,000 preferred capital stock.7 With 8 branches in Louisiana other than local.8 Includes $75,000 preferred capital stock.
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TABLE NO. 6.—Capital stock, surplus, undivided profits, and total assets of banks consolidated under act of Nov. 7, 1918, as amended Feb. 25,1927, and June 16, 1933, in the year ended Oct. 31, 193 4, CLS shown by their last reports prior to consolidation
Closing banks Continuing banks
Char-terno.
Title and location State Capital SurplusUndi-videdprofits
Totalassets
Char-terno.
Title and location Capital SurplusUndi-videdprofits
Totalassets
Date ofreports
Date ofconsoli-dation
9452
5622
The Bankers TrustCompany, Hartford.
First Trust Company ofMcMinnville.
Northern Trust Com-pany of Duluth.
Lawndale State Bank,Chicago.
The Minnesota Loan andTrust Company, Min-neapolis.
The American TrustCompany, Jackson-ville.
Marquette Trust Com-pany, Minneapolis.
Elgin City BankingCompany, Elgin.
The McGill NationalBank, McGill.
The City National Bankof Berlin.
Security Savings andTrust Company, Port-land.
Crocker First FederalTrust Company, SanFrancisco.
Conn _ _
Tenn .
Minn_
111
Minn_
Fla
Minn_.
111
Nev—_
N. H . . .
Ore__._
Calif—
$250,000
90,000
200,000
500,000
1,000,000 1
$250,000
40,000
100,000
1,500,000
$154, 660
2,383
200,000
200,000
300,000
25,000
100,000
500,000
1, 500,000
40,000
100, 000
25, 000
100, 000
550,000
24,187
210,613
73, 761
21, 057
149, 681
1,472
3,007
87, 297
300,0001,567,258
$4,643,911
292,308
351, 796
1,888,852
15, 787, 521
322,859
971,969
2, 714,858
619, 722
1, 001,332
1,143,325
46, 597,086
10 State banks.__2 national banks _
4, 740,000 2, 880,000125, 000 125,000
2, 290, 8974,479
74, 714,4851, 621,054
1338
2221
9327
10247
2006
11861
1365
9310
14100
1553
1741
Hartford National Bankand Trust Company,Hartford.
The First National Bankof McMinnville.
The Northern NationalBank of Duluth.
The Lawndale NationalBank of Chicago.
The North Western Na-tional Bank of Minne-apolis.
The Atlantic NationalBank of Jacksonville.
The Marquette NationalBank of Minneapolis.
The First National Bankof Elgin.
The Ely National Bank,Ely.
Berlin National Bank,Berlin.
The First National Bankof Portland.
Crocker First NationalBank of San Francisco.
12 national banks
$4, 000,000 $4,000, 000 $456, 557 $49, 796,846
180,000
1, 000,000
350,000
5,000,000
3,000,000
200,000
300,000
25,000
100, 000
2, 500,000
6,000, 000
180, 000
200,000
50,000
2, 000, 000
380,000
50,000
100,000
25,000
(01,000,000
11,983
86,963
36,115
321,163
31,600
14,022
38,499
853
1,734,338
8,075,493
4,002,340
93,592, 111
32,983,745
2, 244, 769
2,945,784
672,505
1933Oct. 25
. . . d o
. . . d o
. . . d o
Dec. 30
. .do
1934Mar. 5
. . d o . —
- d o
. .do
293,133
2, 500,000 1,502, 680
57,119,960
77,772,440
.do..
.do..
22, 655,000 10, 485,000 793,568 330,940,331
1933Dec. 9
Dec.
Dec.
Dec.1934
Jan.
23
27
30
2
waQog1_3
Feb. 8
Mar. 21
Mar. 29
May 9
May 19
May 24
May 31
P
W
Q
1 New national bank did not report prior to consolidation.
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REPORT OF THE COMPTROLLER OF THE CURRENCY 187
TABLE N O . 7.—National banks consolidated under act of Nov. 7, 1918, as amendedJune 16, 1933, capital, surplus, undivided profits, and total assets, year endedOct. 31, 1934
Con-soli-da-tionno.
520521
Char-terno.
931014100
Title and location of bank
The Ely National Bank, ElyBerlin City National Bank, Berlin-
Total (2 banks)
State
Nev—.N . H . . .
Date ofconsoli-dation
May 9May 19
Capital
i$100,000250,000
i 350,000
Sur-plus
$10,00050,000
60,000
Undi-videdprofits
$3,603
3,603
Totalassets
$1,298,4371,417,268
2,715,705
i Includes $50,000 preferred capital stock.
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TABLE NO. 8.—State banks and national banks consolidated under act of Feb. 25, 1927, as amended June 16, 1983, their consolidated capital,surplus, undivided profits, and total assets, year ended Oct. 31, 193'4-
Con-solida-
tionno.
512
513
514
515
516
517
518
519522
523
Title and location of State bank
The Bankers Trust Company, Hartford-
First Trust Company of McMinnville-.
Northern Trust Company of DuluthLawndale State Bank, Chicago._
The Minnesota Loan and Trust Com-pany, Minneapolis.
The American Trust Company, Jack-sonville.
Marquette Trust Company, Minneapo-lis.
Elgin City Banking Company, ElginSecurity Savings and Trust Company,
Portland.Crocker First Federal Trust Company,
San Francisco.
Total (10 State banks with 10 na-tional banks).
Charterno. of
nationalbank
1338
2221
9327
10247
2006
6888
11861
13651553
1741
Title and location of national bank
Hartford National Bank and TrustCompany.
The First National Bank of McMinville.
The Northern National Bank of Duluth.The Lawndale National Bank of Chi-
cago.Northwestern National Bank and Trust
Company of Minneapolis.The Atlantic National Bank of Jackson-
ville.The Marquette National Bank of Minn-
eapolis.The First National Bank of Elgin.The First National Bank of Portland
Crocker First National Bank of SanFrancisco.
State
Conn__
Tenn..
Minn__III
Minn._
Fla-.._
Minn._
111Oreg.._
Calif—
Date ofconsoli-dation
1933Dec. 9
Dec. 23
Dec. 27
Dec. 30
1934Jan. 2
Feb. 8
Mar. 21
Mar. 29May 24
May 31
Capital
$4,000,000
180,000
1,000,000
1600,000
5,000,000
3,000,000
300,000
300,0002, 500,000
6,000,000
122,880,000
Surplus
$3,000,000
100,000
200,000
100,000
2,000,000
390,000
100,000
300,0002,000,000
5,000,000
13,190,000
Undividedprofits
$1,260,957
33,405
223,628
112,290
321,163
193,443
119,452
174,376254,935
2, 239,925
4,933,574
TotalAssets
$49,785,065
1,787,559
8, 254,978
6,046,161
104,859,475
35,564,937
2, 948,490
5,035, 25661, 558, 513
124,019,977
399,860,411
Increasein au-
thorizedcapital
/ 2100,000\ 3 350,000
100,000
/ 2100,00011 450,000
i Includes $350,000 preferred capital stock.3 Decrease in common capital stock.3 Preferred capital stock.
OOoo
Iwao
B
o
§HW
Q
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EEPOBT OF THE COMPTBOLLEB OP THE CTJBBENCY 189TABLE NO. 9.—Number and capital of State banks converted into national banking
associations in each State and Territory from 1863 to Oct. 31, 1934
Location
Maine.. _New HampshireVermontMassachusetts _Rhode IslandConnecticut
Total New EnglandStates
New York.._New JerseyPennsylvaniaDelawareMarylandDistrict of Columbia
Total Eastern States
VirginiaWest VirginiaNorth CarolinaSouth Carolina _..GeorgiaFlorida...AlabamaMississippiLouisianaTexasArkansasKentuckyTennessee
Total Southern States...
Num-ber ofbanks
342822
1905265
391
24150
1266
36
465
673540483322341913
142454351
592
Capital
$4,605,0002,595,0002,029,990
72,691,20016,717,55018,932,770
117,571,510
125,331,2916,820,450
37,109,095585,010
10, 249, 372)., 080,000
184,175,218
!>, 937,1002, 508,900
i 4,311,0004, 512,000«, 837, 000% 265,0004, 560,000
, 560,000:{, 625,000
II, 142, 500a, 357, 5006,006,9008,090,000
64,712,900
Location
Ohio _IndianaIllinoisMichigan _WisconsinMinnesotaIowa _Missouri
Total Middle WesternStates
North DakotaSouth DakotaNebraskaKansasMontanaWyomingColoradoNew Mexico _.Oklahoma
Total Western States..-.
WashingtonOregonCaliforniaIdahoNevadaArizona
Total Pacific States
Total United States
Num-ber ofbanks
2527482636
1164451
372
8451
10583379
357
192
603
7330
11326
15
248
2,672
Capital
$3,490,0001,908,000
82,310,0003,020,0003,620,0007, 631,0002,285,00018,001,800
122, 265,800
2, 760,0001,750,0005, 335, 0004,182, 0001,485, 000320, 000
2, 755,000400, 000
7, 970, 000
26, 957, 000
6, 825,0001,951, 000
45, 272,8001,080,000
50,000300,000
55,478,800
571,161, 228
i $300,000 of which is preferred capital stock.
TABLE NO. 10.—Conversions of State banks and primary organizations as nationalbanks from Mar. 14, 1900, to Oct. 31, 1934
Classification
Capital less than $50,000Capital $50,000 or over - .
Total
Conversions ofState banks
Num-ber
898855
1,753
Capital
$23,933, 300268,1)07,800
291,941,100
Reorganizationsfrom State andprivate banksand national
banks
Num-ber
1,1671,302
2,469
Capital
$30,909, 500212,023, 500
242,933,000
Primaryorganizations
Num-ber
2,6872,123
4,810
Capital
$69, 375,500345,004, 600
414, 380,100
Total
Num-ber
4,7524,280
9,032
Capital
$124, 218, 300825,035,900
949, 254, 200
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TABLE NO. 11.- -N umber of national banks increasing their capital, together with the amount of increase monthly for years ended Oct. 31, since1929 CO
O
Months
1930
Num-ber Capital
1931
Num-ber Capital
1932
Num-ber Capital
1933
Num-ber
Commoncapital
Num-ber
Preferredcapital
1934
Num-ber
Commoncapital
Num-ber
Preferredcapital O
H
Q
oH
November.December-JanuaryFebruary..MarchAprilMayJuneJulyAugustSeptember .October
Total
$5,932, 50023,615,0004, 763, 4004,850,0001,870,0001,671,000
46,122,4643,305,0003,562,5001, 585,000
625,0001, 512,500
$1,521,5391,630,0001,195,000
420,0001,575,000
365,000216,078855,000665,000
1,330,0002,655,0001,225,000
$14,600,50424,665,000
285,500822, 500
6,050,000750,05070,000
845,000260,00072, 500
925,010
$245,000355,000550,000187,50065,000
630,000115,000
1,841,3503,268,300
475,000473,700775,000
$680,0007,576,9005,394,000
20,011,2006,582,0004, 750,0002,560,0001,185,000
$482, 500963,367355,000182,500
1,270,750430,000200,000760,000610,000
1,176,5001,028,810
873,100
5255573
160118127194177138115105
$540,00062,222,50087,515,0009, 295,000
79,093,50028,637, 5008,392,500
41,955,90017,553,75015,695,00010,406,75012,012, 750
1225 i 99,414, 364 2 13,652,617 3 64 3 49,346,064 4 8,980,850 166 48, 739,100 «107 «8,332,527 1,292 373, 320,150
1 Of these cases, 68 were effected wholly or in part by stock dividends aggregating $6,085,130.2 Of these cases, 12 were effected wholly or in part by stock dividends aggregating $752,617.s Of these cases, 3 were effected wholly or in part by stock dividends aggregating $270,504.< Of these cases, 3 were effected wholly or in part by stock dividends aggregating $260,000.» Of these cases, 4 were effected wholly or in part by stock dividends aggregating $400,000 and 8 banks with an aggregate increase of $175,600 from net earnings incident to the
retirement of preferred capital.
woatel
o
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REPORT OF THE COMPTROLLER OF THE CURRENCY 191
TABLE NO. 12.—Number and authorized capital of national banks chartered andthe number and capital stock of banks closed in each year ended Oct. 31, since1913y with the yearly increase or decrease
Year
1914—.1915191619171918—1919—1920—1921—.1922___.1923_...1924._..1925.._.1926—1927—..1928—1929—1930—1931—1932—1933—1934—
Chartered
No.
195 $18,1441221761642453611692321901352511601351131411087868176476
Capital
1,675,0009,689,5006,630,00011,590,00013,400,00021,780,00031,077, 50020,005,00024,890,80030,522,50021,375,00026,040,00029, 705,00043, 570,00026,160,00038,195,00012,240,0009,690,00087,145,00074,761,50061,174,100
Closed
Consolidatedunder act
Nov. 7, 1918
No. Loss tocapital
i $3,220,00011,650,000
i 850,000i 3,275,000i 2,575,000i 1,255,000i 1, 660,000i 4,455,010i 3,407,00016.857,500i 4, 780,075i 1,355,000i 2,882, 500i 3,385, 500i 2, 765,000
In voluntaryliquidation
No.
8213510768838493103121155123153165156221263308236155357
Capital
113 $26,487,00013,795,00014,828,00014,367,50016,165,00016,380,00014, 730,00037,075,00018,910,00039,290,00040,745,00014,467,50028, 668,30037,495,00027,381,00098,267,50039,230,40059, 595,00097,340,30026,805,00045, 263,000
Insolvent
No.
21 $11413721534315313898911356179104
380 50,348 76,395
Capital
., 810,0001,830,000
805,0001, 230,000
250,00025,000
205,0001,870,0002,015,0003,405,0009,635,0006,420,0005,412,5008, 257,0004,135,0006,575,0008,355,000\ 862,0001,505, 585i, 107,500
356,585,000
Net yearlyincrease
(exclusive ofexisting banks
increasingtheir capital)
No.
61
15
Capital
6294
135 $2,155,000257 14,492, 500
1877 690,800
3,492, 500
Net yearlydecrease
(exclusive ofexisting banks
decreasingtheir capital)
No.
26
$9,622,0005,935,5009,003,0004, 007,5003, 015,000
19, 790,000
305
Capital
3 14, 747, 500174 30, 260,000
8,820,8104,439,000
125 11, 743, 500201 70, 707, 575288 35, 260,400599 96,809,500515 55,406,385
27,656,000210 30,208,900
1 Amount of capital stock reductions incident to consolidations.2 Includes $19,772,300 preferred capital authorized for 306 banks.3 Includes 10 banks with an aggregate capital of $845,000 restored to solvency. There were also 19 banks
restored with an aggregate capital of $3,200,000 for which receivers had been appointed prior to Nov. 1,1933. Also includes 39 banks with an aggregate capital of $6,420,000 which had been placed in voluntaryliquidation by their shareholders prior to Nov. 1, 1933.
* There was a decrease of 210 banks, considering the 29 banks restored to solvency and the 39 banks whichwere in voluntary liquidation.
TABLE NO. 13.—Total number of national banks organized, consolidated under actof Nov. 7, 1918, as amended June 16, 1933, insolvent, in voluntary liquidation^and in existence on Oct. 31, 1934
Location Organ-ized
1267985
37067
120
847
990412
1,27030
14031
2,873
246187147117181131170
Consoli-dated
under actNov. 7,
1918
421
1724
30
471540
14
107
17946812
Insolvent
135
1627
26
69
12556
2001
177
406
26374443404246
In liqui-dation
682023
1875156
405
35297
304135810
834
67605449733850
In exist-ence
415245
1391254
343
466244726
166410
1,526
136814519605072
MaineNew Hampshire-VermontMassachusettsRhode IslandConnecticut
Total New England States.
New YorkNew JerseyPennsylvaniaDelawareMarylandDistrict of Columbia..
Total Eastern States-
Virginia. __West Virginia...North Carolina..South Carolina.GeorgiaFloridaAlabama
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192 EEPOET OF THE COMPTKOLLEB OF THE CURRENCY
TABLE NO. 13.—Total number of national banks organized, consolidated under adof Nov. 7, 1918, as amended June 16, 1933, insolvent, in voluntary liquidation,and in existence on Oct. 31, 1934—Continued
Location
MississippiLouisiana _.TexasArkansas . _ _ _ _ .KentuckyTennessee
Total Southern States.. __
OhioIndianaIllinois .- -MichiganWisconsin _Minnesota . . . .IowaMissouri
Total Middle Western States
North DakotaSouth Dakota _NebraskaKansas . . __ __ . _ -MontanaWyoming _.ColoradoNew Mexico __Oklahoma ..
Total Western States
Washington -OregonCaliforniaIdahoUtah . -NevadaArizona . .
Total Pacific States _.
AlaskaThe Territory of HawaiiPuerto Rico..
Total Alaska and insular possessions
Total United States, Alaska, and insular pos-sessions
Organ-ized
76100
1,147141244205
3,092
686430801310.267483540289
3,806
25921939844419258
21682
733
2,601
220146506109381630
1,065
561
12
14,296
Consoli-dated
under actNov. 7,
1918
43
31196
101
22111449649
79
31143
3
12
27
172
12
31
35
1
1
380
Insolvent
1614
138383437
555
11197
2217553
116205
57
935
1009282767612552584
602
51306435546
195
2,762
In liqui-dation
3152
50647
10189
1,217
29619326714299
148206133
1,484
8559
17316767207633
415
1,095
8559
29549155
16
524
141
6
5,565
In exist-ence
2531
47255
10073
1,219
25712929989
10621312590
1,308
7167
142•197
46268224
222
877
6755
1352515
00 O
S
311
41
5
5,589
TABLE NO. 14.—Changes of corporate title of national banks, year ended Oct. 31,1934
Char-terno.
Title and location Date
5550
6429
2049
1683
13455
13422
13344
Bishop First National Bank of Honolulu, Honolulu, Hawaii, to "Bishop National Bankof Hawaii at Honolulu"
First National Bank & Trust Company in Minot, N. Dak., to "First National Bank inMinot"---
The East Tennessee National Bank of Knoxville, Tenn., to "Park National Bank ofKnoxville"—- ~ .
First National Bank & Trust Company of Mankato, Minn., to " First National Bank ofMankato"
The Union National Bank and Trust Company in Minot, N. Dak., to "The UnionNational Bank in Minot" _ __.
Freeborn County National Bank & Trust Company of Albert Lea, Minn., to "FreebornCounty National Bank of Albert Lea"
The National Bank and Trust Company of Jamestown, N. Dak., to " The NationalBank of Jamestown" _
1933Nov. 3
Dec. 5
Dec. 211934
Jan. 23
Jan. 29
Feb. 1
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REPORT OF THE COMPTROLLER OF THE CURRENCY 193TABLE NO. 14.—Changes of corporate title of national banks, year enddd Oct. 81,
1934—Continued
Char-terno.
Title and location Date
2597
1392113346
131621395813331
10387
11759
11017
13385
10145
13242
2360
8290
12488
First National Bank of Ogden, Utah, to "First Security Bank of Utah, National Asso-ciation" -_ _ _
The Manitowoc National Bank, Manitowoc, Wis., to "Manitowoc National Bank"...The First National Bank and Trust Company of Vermillion, Vermillion, S. Dak., to
" First National Bank in Vermillion" _Conqueror First National Bank of Joplin, Mo., to "First National Bank of Joplin"The Union National Bank of Little Rock, Ark., to "Union National Bank of Little Rock".The First National Trust and Savings Bank of Spokane, Wash., to " First National Bank
in Spokane"The First National Bank of McFarland, Calif., to "First National Bank in Delano",
Delano, Calif- . .__.Citizens National Bank and Trust Company of Ridgewood, N. J., to "Citizens First
National Bank and Trust Company of Ridgewood"The First National Bank of Rapelje, Mont., to "Stillwater National Bank, Columbus"
Columbus, Mont _The American National Bank and Trust Company of Valley City, N. Dak., to "The
American National Bank of Valley City"The First National Bank of Plainfield, Conn., to "The Plainfield National Bank of
Moosup", Moosup, Conn ___The Forest Hills National Bank of New York, N. Y. (P. O. Forest Hills, New York
City, N. Y.), to "United National Bank of Long Island in New York"...The Lebanon-Citizens National Bank & Trust Company, Lebanon, Ohio, to "The
Lebanon-Citizens National Bank" _ __.The First National Bank of Norcatur, Kans., to "Decatur County National Bank of
Oberlin," Oberlin, KansThe First National Bank of Sherman, S. Dak., to "First National Bank in Garretson",
Garretson, S. Dak _ __
Feb.Feb.
Feb.Mar.Mar.
Apr.
June
June
June
July
Aug.
Sept.
Oct.
Oct.
Oct.
2427
281
.24
3
22
23
25
23
24
17
1
20
27
TABLE NO. 15.—Changes of corporate title incident to consolidations of nationalbanks and of State banks with national banks, year ended Oct. 81, 1934
The Minnesota Loan and Trust Company, Minneapolis, Minn., and the North Western National Bankof Minneapolis (2006), consolidated under the charter of the latter with title "Northwestern NationalBank and Trust Company of Minneapolis."
The City National Bank of Berlin, N. H. (5622), and Berlin National Bank, Berlin (14100), consolidatedunder the charter of the latter with title " Berlin City National Bank."
TABLE NO. 16.—National banks chartered during the year ended Oct. 31, 1934
Char-terno.
14160
1394913958140001405614096140971420914238
13877140451420214230
Title
ALABAMA
First National Bank in Tuscumbia
ARKANSAS
The Peoples National Bank of Little RockThe Union National Bank of Little Rock iThe Commercial National Bank of Little RockNational Bank of Commerce of Pine Bluff.The Citizens National Bank of CamdenFirst National Bank at Marianna__ _ . . _ .The First National Bank at Paris._.The Malvern National Bank
Total (8 banks)
CALIFORNIA
Oilfields National Bank in Brea . . . .First National Bank in Santa Ana. _Torrance National BankFirst National Bank in Corcoran
Total (4 banks)
Capital
Common
$25,000
200,000300,000300,00050,00050, 00025, 00025,00025,000
975, 000
25,000500, 00050,00020,000
595, 000
Preferred
$25,000
50,00050,00025, 00025,00025,000
175,000
25, 000500,00050,00030,000
605,000
i Title changed to "Union National Bank of Little Rock,"
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
1 9 4 EEPOET OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 16.—National banks chartered during the year ended Oct. 3131934—Con.
Char-terno.
TitleCapital
Common Preferred
1390213928140211414614148142i3142221424814254
1382813961139681400314195
13897140461406114193142431425514257
1383813856138641386513872138861389213903139411396313966139751399314008140101402414035140741411014115141181412714134141371414014159141611417314178142171422114235142371424414245142461424714260142651426814285
COLORADO
First National Bank in Grand Junction.The Greeley National BankFirst National Bank in BoulderThe First National Bank in Fort CollinsTrinidad National BankFirst National Bank in EadsThe First National Bank in Trinidad-._Union National Bank in DenverLamar National Bank
Total (9 banks)
Mercantile National Bank of Miami BeachFirst National Bank in Tarpon Springs...First National Bank in MiltonThe First National Bank at OrlandoThe First National Bank in Fort Myers .
$50,00075,000100,00050,00050,00025,000100,00050,00025,000
525,000
Total (5 banks).
GEORGIAJackson National BankThe National Bank of MonroeFirst National Bank in ElbertonFirst National Bank in Way crossThe Claxton National Bank _.The Citizens National Bank of Quitman.First National Bank in Cordele
Total (7 banks) _
100,00025,00025,000
100,00050,000
300,000
25,000150,00025,00050,00020,00025,00050,000
ILLINOISThe National Bank of Canton ..^ . , ,City National BankinDixonThe First National Bank of Mount VernonNational Bank of MonticelloThe National Bank & Trust Company of SycamoreThe National Bank of SavannaCumberland County National Bank in NeogaFirst National Bank in PeruThe La Grange National BankThe National Bank of SterlingThe Farmers & Merchants National Bank of CarlinvilleFirst National Bank in PinckneyvilleThe First National Bank in AltamontFirst National Bank in De KalbThe First National Bank in East Peoria J_-_. I__The Charleston National BankThe Granville National BankFirst National Bank in NewtonThe District National Bank of ChicagoThe Naperville National BankFirst National Bank in LincolnFirst National Bank at East St. Louis i '_First National Bank of Carthage :___-_!First National Bank of Woodstock I1: : ._. ._.-The Neat, Condit and Grout National Bank of Winchester..First National Bank in Galva ;._.Aurora National BankFirst National Bank in GolcondaThe National Bank of BloomingtonFirst National Bank in OlneyThe National Bank of Rochelle _ .__ .The First National Bank in MadisonThe Peoples National Bank of Cambridge _ . . .The First National Bank in AmboyThe Milwaukee Avenue National Bank of ChicagoLiberty National Bank of ChicagoMount Carroll National BankThe Pontiac National BankFirst National Bank in Shawneetown _ _.The First National Bank in Carlyle __ _._The Mount Olive National Bank •____..___
345,000
100,000100,000100,00050,000100,00050,00050,00075,00050,00050,00050,00025,00050,00050,00050,000100, 00025,00025,000100,00050,000100,000200,0025,00025,00055,00025,000160,00025,00075,00050,00025, 00025,00025, 00025,000150,000300,00025,00050,00020,00025,00025,000
$50,00075,000
50,00050,00025,000200,00050,00025,000
525,000
25,00025,000100,00050,000
200,000
25,000
25,00050,00030,00025,00050,000
205,000
25,00050,00050,000
25,000
~75,~666
25,00025,000100,000
25,00025,000
25,000
25,00075,000
25,00025,00025,00025,00050,000
25,00050,00030,00035,00025,000
Total (41ibanks) _ 2,685,000 865,000
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
KEPOKT OF THE COMPTBOLLElt OF THE CUBREKCY 1 9 5
TABLE NO. 16.—National banks chartered during the year ended Oct. 31,1934—Con.
Char-terno.
TitleCapital
Common Preferred
138621388813938139771398713988140471407514113141751421814226142581428814292
138421384913890139391397813991140281403614040140411405714065140661406914085141291414314158141721425314286
13924139901404814163
13906139831402614039140761413814259
13839138511408614168142251422814281
The First National Bank at SwayzeeThe First National Bank in WabashThe Merchants National Bank of Terre HauteThe Bright National Bank at Flora _The City National Bank of South BendDecatur County National Bank of GreensburgThe Union National Bank of New AlbanyThe Johnson County National Bank of FranklinFirst National Bank of GoshenLa Fayette National BankBoonville National Bank _._The Knisely National Bank of ButlerCitizens' National Bank of LintonFarmers & Merchants National Bank of Rensselaer_The National Bank of Greenwood
Total (15 banks)..
First National Bank of Hampton... .-The National Bank of WashingtonThe National Bank of Rockwell CityFirst National Bank in Hawarden -The First National Bank of West UnionFirst National Bank in Fairfield.—First National Bank in Council BluffsHancock County National Bank of GarnerFirst National Bank in LenoxThe Nodaway Valley National Bank of Villisca .-The City National Bank of ShenandoahNevada National BankThe Grundy National Bank of Gruady CenterThe Citizens National Bank at Belle PlaineThe First National Bank in Clear Lake.— —-The Farmers and Merchants National Bank of Winterset.The First National Bank in What Cheer..First National Bank in Bellevue - -The First National Bank in Traer .-First National Bank in Le Mars -Hardin County National Bank in Eldora
Total (21 banks) .
KANSAS
The Citizens National Bank in Independence.The Garden National Bank of Garden City..-The Chandler National Bank of LyonsFirst National Bank in Goodland
Total (4 banks) .
KENTUCKY
The Union National Bank of Barbourville.Ohio Valley National Bank of HendersonThe First National Bank in OwentonFirst National Bank in StanfordThe National Bank and Trust Company of Paris..The National Deposit Bank in OwonsboroFirst National Bank in Clinton....
Total (7 banks)..
LOUISIANA
The St. Charles National Bank of Norco__The Citizens National Bank of Morgan CityThe Citizens National Bank in Hammond-__First National Bank in De BidderThe First National Bank of DelhiThe Calcasieu-Marine National Bank of Lake Charles.The First National Bank in Donaldsonville
$25,00055,000200,00025,000250,00025,000200,00025,00050,000100,00030,00025,00050,00025,00025,000
1,110,000
50,00050,00025,00025,00025, 00050,00050, 00025,00040,00030,00060,00025,00025,00025,00025,00035,00025,00025,00050,00040,00035,000
740,000
100,00025,00050,00050,000
225, 000
50,000100,00050,00025,00050,000100,00020,000
395,000
50,00050,00025,00025,00025,000200,00025,000
$25,00045,000500,00025,000
25,000
25,00050,000150,00030,00025,000
25,00025,000
950,000
25,00025,00025,00050,00050,00025,00010,00020,00040,00025,00025,00025,00025,00015,00025,00025,000
25,00050,000
510,000
100,00025,000
125,000
100,000
25,00050,00050,00030,000
255,000
50,00025,00025,00025,000300,00025,000
Total (7 banks) . 400,000 450,000
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
196 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 16.—National banks chartered during the year ended Oct. 81,1934—Con.
Char-terno.
138271384314224
138401385313867139791404414106
138351393314033140871415214266
13821138241383313841138571385813874139291393113976139951400914016140221403214062141021411114116141441418514187142491426914280
1397213973140421406814167142161422014296
14176
TitleCapital
Common Preferred
MAINS
Farmers National Bank in Houlton»The First National Bank of Fort Fairfleld..The First National Bank in Fort Kent
Total (3 banks).,
MARYLAND
The Cecil National Bank at Port Deposit..The Peoples National Bank of HancockThe First National Bank in ParktonFrostburg National BankThe Peoples National Bank in Brunswick-Citizens National Bank in Pocomoke City-
Total (6 banks)..
MASSACHUSETTSMillbury National BankFirst National Bank in PepperellTanners National Bank in WoburnThe Lincoln National Bank of ChelseaFirst National Bank in Revere.._The Northern National Bank of Haverhill...
Total (6 banks).
MICHIGAN
The National Bank of AdrianThe First National Bank at HubbellFarmers and Merchants National Bank in Benton Harbor.The Rochester National BankNational Bank of HastingsThe Central National Bank at Battle CreekThe National Bank of WyandotteThe First National Bank in OntonagonThe Miners' First National Bank of IshpemingNational Bank of FlintThe National Bank of Eaton RapidsFirst National Bank in Marshall _The National Bank of LudingtonThe Utica National BankLansing National BankThe Hillsdale County National Bank of HillsdaleThe Iron River National BankFirst National Bank in GladstoneColdwater National BankFirst National Bank in HowellSecurity National Bank of Battle CreekThe Ionia County National Bank of IoniaThe National Metals Bank of HancockFirst National Bank of Crystal FallsThe First National Bank at Manistique ...
Total (25 banks).
MINNESOTA
The Lake Crystal National BankFirst National Bank in St. CharlesFirst National Bank in WinthropThe Security National Bank of Amboy.._.First National Bank in West ConcordThe First National Bank of Hutchinson...National Bank of Commerce in Mankato..The First National Bank at St. James
Total (8 banks)..
MISSISSIPPI
First National Bank in Waynesboro
$50,00050,00050,000
150,000
50,00050,00050,00075,00050,00050,000
325,000
50,00050,000100,000100,00050,000100,000
450,000
80,00025,00075,00025,00050,000360,000100,00025,000100,000300,00050,00050,00050,00025,000250,00050,00062,50020,00050,00025,000400,00050,000350,00025,00020,000
2, 617, 500
25,00025,00020,00020,00020,00020,00050,00050,000
230,000
20,000
$50,000
50,000
50,000
50,000
100,000
40,00025,00075,00025,000
550,00050,00025,000
500,000
50,00050,00025,000350,000
30,00050,00025,000600,00050,000350,00025,00030,000
2,925,000
25,00025,00030,00030,00030,00030,00050,000
220,000
30,000
a Placed in voluntary liquidation Feb. 20,1934.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
KEPORT OF THE COMPTROLLER OF THE CURRENCY 197
TABLE NO. 16.—National banks chartered during the year ended Oct. 81,1984—Con.
Char-terno.
TitleCapital
Common Preferred
138751393614092141191412814196
13837
13953140041401714018140731408314174141941425614282
138291386114100
138341384813855138931389813910139161394613969140061401414084140881414514151141531416214177141891424014287
14081
MISSOURI
The National Commercial Bank of LibertyThe City National Bank and Trust Company of Kansas City.The National Bank of CaruthersvilleThe First National Bank of ButlerSouth Side National Bank in St. Louis...First National Bank in Lamar
Total (6 banks)..
MONTANA
The Farmers National Bank in Chinook.
NEBRASKA
City National Bank of HastingsPackers National Bank in Omaha,._The First National Bank in AuroraThe Overland National Bank of Grand Island-First National Bank in ExeterSecurity National Bank of Superior.The Citizens National Bank of AshlandThe City National Bank in David CityFirst National Bank in ScribnerThe Wymore National Bank
Total (10 banks).
NEW HAMPSHIRE
Claremont National BankThe New Public National Bank of Rochester.Berlin National Bank 3
Total (3 banks).
NEW JERSEY
The Orange First National BankThe Belmar National Bank ._The Branchville National BankThe Edgewater National BankFirst National Bank of Spring LakeFirst National Bank in New EgyptMetuchen National BankFirst National Bank in GarfieldThe Citizens National Bank of Collingswood...National Bank of ClementonLiberty National Bank in GuttenbergPeoples National Bank in LakewoodThe National Bank of Palisades Park___The National Bank of Ocean CityPeoples National Bank of SecaucusFirst National Bank in CarteretThe United National Bank of Cliffside Park....The Sea Bright National BankThe First National Bank of TuckahoeFirst National Bank in NewfieldFirst National Bank in Fort LeeThe Mainland National Bank of Pleasantville..
Total (22 banks) .
NEW MEXICO
The First-American National Bank in Tucumcari.
$100,000300,00050,00025,000
400,00025,000
900,000
25,000
50,000100,00030,00050,00020,00050,00050,00025,00020, 00020,000
415,000
100,000100,000100,000
300,000
300,000100, 00050,00050,000100,00050,000100,000200, 000100,00050,000100,00050,00050,00050,000100,00080,000150,00025,00025,00025,000100,00050,000
1,905,000
50,000
$25,000300,00025,000
350,000
25,000
50,000100,00020,00050,00030,000
25,00030,00030,000
335,000
50,00050,000
20,000
25,00025,00025,000
50,000
245,000
50,000
« Title changed to Berlin City National Bank.
106093—35 14Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
1 9 8 REPORT* OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 16.—National banks chartered during the year ended Oct. 31,1934—Con.
Char-terno.
138221382513876138821388913895139091391113913139451395213955139561395913960139621396514019140251407814267
138591389613985141471422914291
1408014275
13832138361384413847138501388313899139051391213914139201392213923139441397113989139961399714011140301405014077141051413214141141831418814192142031423214261142641429014294
TitleCapital
C o m m o n Preferred
NEW YORK
The National Ulster County Bank of Kingston...The National Bank of Florida _..National Spraker Bank in CanajoharieFirst National Bank in YonkersThe Crestwood National Bank in TuckahoeThe National Bank of TuxedoThe Andover National BankFirst National Bank in GouverneurCentral National Bank of WashingtonvillePhilmont National BankThe Lincoln-East Side National Bank of Buffalo.First National Bank of New RochelleThe National Bank of MiddletownThe Fidelity National Bank in New York..The National Bank of Pine BushThe National Bank of Windham _ ___Brockport National Bank... ___ ___The National Bank of Kings Park .._ _The National Bank of OxfordCherry Creek National BankThe National Bank of Phelps
Total (21 banks).
NORTH CAROLINA
The Union National Bank of Oxford.The Oxford National BankThe Guilford National Bank of Greensboro..The First National Bank of Winston-Salem.Cherry ville National BankNational Bank of Commerce of Gastonia
Total (6 banks)..
NORTH DAKOTA
First National Bank in MottThe First & Commercial National Bank of Williston.
Total (2 banks)..
OHIOThe National Bank of PortsmouthThe First National Bank of KinsmanThe First National Bank of CaldwellThe Citizens National Bank of WoodsfieldThe First National Bank at East PalestineThe First National Bank at CarrolltonThe First National Bank in BryanThe Central National Bank at CambridgeNational Bank of MontpelierFirst National Bank in BellaireThe Mansfield Savings Trust National Bank _.First National Bank in St. Clairsville.Coshocton National BankGreenville National BankThe New First National Bank of MariettaPort Clinton National BankFarmers and Merchants National Bank in Bellaire.The National Bank of FremontFirst National Bank at Dillonvale -National Bank of ToledoThe Bridgeport National BankThe Bradford National Bank.Lagonda National Bank of SpringfieldFirst National Bank in St. MarysBrookyille National BankThe Mingo National Bank of Mingo-JunctionThe Arcanum National BankThe Mt. Healthy National BankThe National Bank of Oak HarborFirst National Bank in PainesvilleThe Goshen National Bank of BethesdaThe Citizens National Bank in West MiltonThe National Bank of LorainFirst National Bank in New Bremen
$250,00050,00075,000300,00050,00050,000100,000100,00050,00050,000110,000300,000250,000100,00050,00050,00050,00050,00075,00025,00025,000
2,160,000
50,00050,000100,000100,00025,000100,000
425,000
25,00022,000
47,000
200,00035,00075,00050,00050,00050,00050,000125,00050,000300,000600,000100,00050,00050,000140,00050,000100,000100,00025,000200,000200,00050,000150,00030,00025,00050,00025,00030,00025,00050,00025,00025,000100,00025,000
$50,000
90,000
"Ioo,"o6o
50,000
25,00025,000
340,000
50,000100,000100,00025,000100,000
375,000
25,00028,000
53,000
15,000
"l2,"000
75,00050,000
50,000
25,000200,000
200,00030,00025,000
25,00020,00025,00050,00025,00025,000100,00025,000
Total (34banks)... , 1 3,210,000 977,000Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
KEPOKT OF THE COMPTROLLER OF THE CURRENCY 199
TABLE NO. 16.—National banks chartered during the year ended Oct. 31, 1934—Con.
Char-terno.
13891139301400514020141081413114278
140011405414241
138231382613845138461385213860138631386613868138691387113873138841388713900139071390813917139271393713940139421394713950139571396713970139801398213992139941399813999140071402314029140311403714043140491405114055140671407014071140791408:14089140911409314094140981410714112141171412014121X4122
Title
OKLAHOMA
The First National Bank at Ponca City.American National Bank of ShawneeThe First National Bank in DurantFirst National Bank in PerryWalters National BankFirst National Bank at AntlersFirst National Bank in Blackwell
Total (7 banks)..
First National Bank in Clatskanie..The North Bend National BankFirst National Bank in Condon
Total (3 banks).
PENNSYLVANIA
The First National Bank at WilkinsburgThe First National Bank of FreeportThe Depositors National Bank of New Wilmington..The Farmers National Bank of MercerMiners National Bank of Wilkes-BarreThe Crafton National BankStrausstown National BankFirst National Bank of BraddockBlairsville National BankFirst National Bank in FinleyvilleFirst National Bank at AlbionThe Union National Bank of WaynesburgFredonia National BankFirst National Bank in New FreedomThe Peoples National Bank of SomersetNew Florence National BankThe Peoples National Bank of Rural ValleyFirst National Bank in BirdsboroThe First National Bank in Fleet woodThe First National Bank of Dickson CityFirst National Bank in TarentumThe Farmers National Bank of ConneautvilleScranton National BankYardley National BankPeoples National Bank in ReynoldsvilleThe Union National Bank at McKeesportFirst National Bank in FreelandFirst National Bank at Conneaut LakeThe Herndon National BankThe First National Bank in FrackvilleFirst National Bank of HeginsThe County National Bank at ClearfieldBerwyn National BankBethlehem National BankThe Kingston National BankSprings-First National Bank in Cambridge Springs.Tower City National BankAmbler National BankFirst National Bank in ClarionDover National BankFirst National Bank of ExportFirst National Bank in GreensburgThe Union National Bank of RockwoodFirst National Bank at KoppelCodorus National Bank in JeffersonThe National Bank of OlyphantCitizens National Bank in WindberThe First National Bank at StoystownEast Berlin National BankNational Bank of Union CityFirst National Bank in CecilFirst National Bank in IndianaThe First National Bank at McKees RocksFirst National Bank in WampumFirst National Bank at Beaver FallsNational Bank of Olney at PhiladelphiaUnion National Bank in Mount WolfClifton Heights National Bank
Capital
Common Preferred
$50,000100,00040, 00050,00020, 00030, 00050, 000
340, 000
25,00025, 00025, 000
75, 000
200,00025, 00050, 00050, 000
2, 500, 000100,00050,000150, 00050, 00050, 00025, 000200,00025, 00050, 00050,00025, 00050, 00080, 00050, 000100, 000125, 00025, 000200, 00050,00050, 000200,000100, 00025, 00050, 000125,00050, 000225, 00060, 000200, 000600, 00050,00050, 000100, 00050, 00050, 00030, 000200, 00050, 00025, 00025, 000100, 00050, 00050, 00050, 00075, 00025, 000150, 00075,00025, 000100, 000100,00025,00050, 000
$50,000100,00060,000
30, 00040, 00050, 000
330, 000
25, 00025, 00025, 000
75, 000
25, 000
50,000
"25," 666
25, 000
50, 00025, 000
25, 00025, 000300, 000
25,000
225, 000
"266," 666
25,00050,000
30, 000200, 000
25, 00025, 000
50, 000
25, 00025, 00075, 00075, 00025, 000
100, 00025,00025, 000
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
200 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 16.—National banks chartered during the year ended Oct. 31,1934—Con.
Char-terno.
TitleCapital
Common Preferred
1412314133141391415514156141691417014171141811418214191141971420114205142101421414215142191423914250142511426214263142711427414276142771428414293
1390113981
139181413514211
1409914252
139481423114279
13854139191392513926139341393513943139511396413974139841401214015
PENNSYLVANIA—continued
First National Bank in Charleroi..-The Commercial National Bank of LatrobeThe National Bank of Narberth _The National Bank of Ford City,.The Hooversville National BankFirst National Bank in SykesvilleFirst National Bank in BangorSouth Philadelphia National Bank of Philadelphia..First National Bank at Gallitzin _.First National Bank of WilliamsburgThe Girard National Bank _Northwestern National Bank in PhiladelphiaThe Delta National BankThe First & Farmers National Bank of Forest City.Keystone National Bank in PittsburghThe First National Bank of Green LaneThe Union National Bank of ZelienopleThe National Bank and Trust Company of ErieThe Hartley National Bank of BedfordThe National Bank of Hamburg _The Bridgeville National BankThe City National Bank of PottsvilleFirst National Bank at Patton .._National Bank of America in PittsburghOil City National BankExchange National Bank in MariettaUnion National Bank of ReadingThe First National Bank in BedfordThe Union National Bank of Shenandoah ._
$50,00077,30050,000100,00050,00025,000200,000200,00025,00050,00050, 000250, 00025,00060.000
200,00025,00025,000
300,00040,000
125, 00025,000
100,00035,000
125,000300,00025,000
, 000,00075,000
100,000
Total (87 banks).. 11,182,300
RHODE ISLAND
Rhode Island Hospital National Bank of Providence.The Columbus National Bank of Providence
2,500,000100,000
Total (2 banks). 2,600,000
SOUTH CAROLINA
First National Bank in OrangeburgThe Southern National Bank of OrangeburgThe Commercial National Bank of Spartanburg..
50,00050,00080,000
Total (3 banks).. 180,000
SOUTH DAKOTA
The Rapid City National Bank.First National Bank in Pierre...
50,00020,000
Total (2 banks). 70,000
TENNESSEE
Union National Bank of FayettevilleThe First National Bank in Rockwood...The Blount National Bank of Maryville..
50,00025,00050,000
Total (3 banks).. 125,000
TEXAS
The Santa Anna National BankThe First National Bank in LulingSan Jacinto National Bank of Houston..The Capital National Bank in Austin.__First-Lockhart National BankThe West National BankThe City National Bank of HoustonCleburne National BankThe First National Bank of Alto . - .First National Bank in ClarksvilleThe First National Bank in Big Spring-First National Bank in George WestThe City National Bank of Plainview—
50,00075,000300,000100,000100,00050,000
300, 00050,00025,00025,000100,00025,00050,000
$50,00077,300
25,000
300,00025,000
25,000250,00025,00040,000200,00025,00040,000
60,000
25,000100,00050,000125,000200,00025,000500,00075,000100,000
4,122, 300
100,000
100,000
50,00050,00070,000
170,000
50,00030,000
80,000
50,00025,000
75,000
350,000100,000
300,000125,00025,00025,000
25,000
so, ooo;Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 2 0 1
TABLE NO. 16.—National banks chartered during the year ended Oct. 31, 1934—Con.
Char-terno.
TitleCapital
Common Preferred
1402714072140901410114104141141412414126141491415414157141641416514179141991420414206142071420814212142271423614270142721427314283
13894139151398614234
138781388014052141801419014223
140381416614186
13830138311388113885139541400214013140341405314136141421419814295
TEXAS—continued
First National Bank in BreckenridgeThe First National Bank in FalfurriasThe First National Bank in CanyonThe First National Bank of Goose CreekFirst National Bank in GrovetonMarlin National Bank _._First National Bank in EdinburgCitizens National Bank in GroesbeckHaskell National BankFarmers National Bank of NewcastleThe Robstown National Bank.Buchel National Bank in CueroAmerican National Bank in McLeanThe South Texas National Bank of San Antonio _.First National Bank in DalhartThe First National Bank of AngletonAmarillo National BankFirst National Bank in Pampa ___First National Bank at LubbockFirst National Bank at FarmersvilleState National Bank in ComancheCentral National Bank of McKinneySnyder National BankThe Farmers National Bank of White DeerCitizens National Bank at Brown woodBexar County National Bank of San Antonio
Total (39 banks).
The Windham National Bank of Bellows Falls.Montpelier National BankThe Enosburg Falls National BankThe Poultney National Bank
Total (4 banks).
VIRGINIA
The First National Bank in OnancockFirst National Bank in HonakerThe National Bank of CreweThe Mountain National Bank of Clifton ForgeFarmers & Merchants National Bank in OnleyThe Washington County National Bank of Abingdon.
Total (6 banks)..
WASHINGTONAuburn National BankFirst National Bank in TonasketVancouver National Bank
Total (3 banks)-
WEST VIRGINIA
First National Bank in RonceverteThe National Bank of KeyserFirst National Bank in West UnionThe Merchants & Miners National Bank of Oak Hill..The National Bank of LoganThe Tygarts Valley National Bank of ElkinsThe Webster Springs National BankThe First National Bank of Oak Hill4
First National Bank in PhilippiFirst National Bank at SalemFirst National Bank at MoundsvilleCitizens National Bank of Berkeley SpringsWellsburg National Bank
Total (13 banks) .
$60,00025,00025,00025,00050,000
100,00020,00025,00025, 00025, 00025, 00050, 00025, 000
200, 00025, 00025,000250, 00075, 00075, 00025, 00025, 00050, 00050,00025,000100,000200,000
$75,00025,00025,00050,00050,000100,00030,00025,00025,00025,00025,00050,00025,000150,00025, 00025,000250,00050,00075, 00025,00025,00050,00050, 00025,00050,000
300, 000
2, 855, 000 2, 630,000
25,000100,000
25, 000
25, 00025,000
175,000
25,00025,000
75,000
60, 00050, 00050, 00050,00025, 00050,000
50,00025, 00060, 000
275,000 125,000
25,00030,00050,000
25, 00020,00050,000
105,000 95, 000
25,000100,00050,000
25, 000
100,000150,000100,00025, 00025,00050,000
50, 00025, 00025, 000
25,00050,00030,00050,000
780,000
25, 00050, 00020, 00050,000
270,000
* Placed in voluntary liquidation, Oct. 1, 1934.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
202 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 16.—National banks chartered during the year ended Oct. 31,1934—Con
Char-terno.
13870138791390413921139321405814059140601406314064140951410914125141301415014184142001423314242
14103
Title
WISCONSIN
The Union National Bank of AshlandNational Exchange Bank of Fond du LacFarmers-Merchants National Bank in Princeton -The Manitowoc National Bank«The National Bank of EdgertonFirst National Bank in Viroqua..The First National Bank in MayvilleThe First National Bank of BarabooFirst National Bank of WaupacaThe Wisconsin National Bank in WatertownThe Security National Bank of DurandThe Union National Bank of Superior..,The Citizens National Bank of MarshfieldFirst National Bank in MarionFirst National Bank in TigertonFirst National Bank at DarlingtonThe First National Bank at NeillsvilleThe First National Bank of OcontoThe Clintonville National Bank
Total (19 banks) .
WYOMING
The First National Bank of Riverton
Tctal United States (476 banks)
Capital
Common Preferred
$50,000200,00040,000100,00025,00025,00025,00050, 00050,00075,00020,00080,00075,00050,00050,00050,00025,00025, 00050,000
1,065, 000
25,000
41, 401, 800
$50,000250,00010,000
25,00025,00025,000
25,00030,000120,00025,000
25,00025,000
635,000
» Title changed to "Manitowoc National Bank."
TABLE N O . 17.—National banks for which increase of capital has been authorized,under act Mar. 9y 1933, as amended, by the issuance of preferred stock which waspurchased by the Reconstruction Finance Corporation unless otherwise noted,together with the amount of increase and the rate of dividend, etc., to close of busi-ness Oct. 31, 1934
Charterno.
Title DatePreferredincreasecapital
Parvalue
ofshares
$100.00100.00100.00
50.0025.0050.0010.00
200.0025.005.00
80.0050.0050.00
40.0025.00
• 50.00
50.00
50.00100.00
Sold at
share
$100.00100.00100.00
50.0025.0050.0010.00
200.0025.005.00
80.0050.0050.00
40.0025.00
50.00
50.00
50.00100.00
Percentof divi-dendto bepaid
on thepar
value
3185
7148
11337130979550
12993159579851814
11635
1853
5572
3041
4250
1003511753
The First National Bank of Birmingham.The First National Bank of Linden
The First National Bank of Collinsville.The Merchants National Bank of MobileThe Farmers National Bank of OpelikaThe Alabama National Bank of Montgomery..The First National Bank of MobileThe First National Bank of Opp—The First National Bank of MontgomeryThe National Bank of OpelikaThe First National Bank of Tuskaloosa
1933June 5Dec. 22
1934Jan. 4Feb. 6Mar. 9Mar. 10Mar. 13Mar. 20Apr. 11...do....
The Morgan County National Bank ofDecatur
The First National Bank of GreenvilleThe First National Bank of Anniston__
The Anniston National Bank, AnnistonThe Commercial National Bank of Demopolis..The Commercial National Bank of Anniston—
Footnotes at end of table p. 236.
Apr. 26
May 11May 16
June 18
. — d o . . . .
June 26June 30
1 $5,000,000.002 3 2,500,000.00
40,000.00
25,000.00500,000.00100,000.00200,000.00500,000.0050,000. 00
750,000.0050,000. 00
i 200,000.003 125,000.00
100,000.00125,000.00149,000.003 1,000.0095,900.003 4,100.0025,000.0075,000.00
>45
55555555
15
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 203
TABLE N O . 17.—National banks for which increase of capital has been authorized,under act. Mar. 9, 1933, as amended, by the issuance of preferred stock which waspurchased by the Reconstruction Finance Corporation unless otherwise noted,together with the amount of increase and the rate of dividend, etc., to close of busi-ness Oct. 31, 1934—Continued
Char-terno.
74641145113412
12578
66334287
2832
71381242913632107505929
1354310406139581158028329501
11542105798952
13534
9174
12904
991913200123419897
103241125198188181
1300786529459
12579101241089497703050
12764
Title
ALABAMA—continued
The First National Bank of PiedmontThe First National Bank in Fort PayneThe American National Bank of Gadsden
Total (20 banks)
ALASKA
The First National Bank of Ketchikan.
ARIZONA
The First National Bank of DouglasThe Consolidated National Bank of T u c s o n -
Total (2 banks)
ARKANSAS
The Arkansas National Bank of Hot Springs. -
The State National Bank of TexarkanaNational Bank of Commerce of El DoradoThe First National Bank in Lake VillageThe American National Bank of RogersThe First National Bank of De QueenThe First National Bank in Green ForestThe First National Bank of BerryvilleUnion National Bank of Little RockThe Farmers National Bank of ClarksvilleThe Arkansas National Bank of Hot Springs..The First National Bank of FordyceThe Planters National Bank of HughesThe Citizens National Bank of HopeThe First National Bank of HuntsvilleThe First National Bank in Ashdown
Total (16 banks)
CALIFORNIA
("The Anglo California National Bank of San\ FranciscoThe Compton National Bank, Compton
The First National Bank of HynesThe Commercial National Bank of Santa Ana..First National Bank in RichmondThe First National Bank of PleasantonThe First National Bank of Mountain View..The First National Bank of Garden GroveThe First National Bank of Laton. . .The First National Bank of OrangeCrescenta-Canada National Bank at Montrose.The First National Bank of GlendoraThe First National Bank of BanningPacific National Bank of San FranciscoThe First National Bank of Parlier__The First National Bank of Lamanda Park. . .The First National Bank of HoltvilleThe First National Trust and Savings Bank
of San Diego --First National Trust and Savings Bank of
Fullerton
Date
1933July 28Aug. 2Sept. 7
Feb. 12
Mar. 20July 16
1933Aug. 16
1934Jan. 5Feb. 24Feb. 27Mar. 2Apr. 21May 7May 15June 5June 8June 19July 3
do. . . .July 19July 24Oct. 13
1933Jjune 29Dec. 27
1934Jan. 4Jan. 17Jan. 23Jan. 24Feb. 5Feb. 19Mar. 5Mar. 21
-__.do.._.Apr. 3Apr. 5Apr. 10Apr. 11Apr. 12Apr. 17
Apr. 20
__. .do. . -
Preferredincreasecapital
$25,000.0025,000.0075,000.00
10,740,000.00
37,500.00
100,000.00200,000.00
300,000.00
3 200,000.00
250,000.0050,000. 0020,000.0025,000.0020,000. 0015,000.0030,000.00
200, 000. 0025,000.00
200, 000.0025,000. 0015,000.0050,000. 0025,000. 0020,000.00
1,170,000.00
/ 2, 500,000.00\3 2,500,000.00
50,000.00
25,000.00100,000. 0050,000.0025,000.0025, 000. 0025,000.0010,000.0050,000.0025, 000.0025,000.0020, 000.00
500,000.0025,000.0025,000.0025,000.00
1,000,000.00
125,000. 00
Parvalue
ofshares
$30.00100.0062.50
50.00
80.006.25
100.00
100.0040.00
100.00100.0080.00
100.00100.0020.0075.00
100.0050.0050.00
100.0025.0040.00
} 20.00100.00
25.0012.5025.00
100.0010.00
100.0060.0025.0010.00
100.00100.00100.0012.5080.00
100.00
100.00
100.00
Sold atper
share
$30.00100.0062.50
50.00
80.006.25
100.00
100.0040.00
100.00100.0080.00
100.00100.0020.0075.00
100.0050.0050.00
100.0025.0040.00
20.00100.00
25.0012.5025.00
100.0010.00
100.0060.0025.0010.00
100.00100.00100.0012.5080.00
100.00
100.00
100.00
Percentof divi-dendto bepaid
on thepar
value
444
5
54
5
555555554544444
6
5
555555555555555
5
5
Footnotes at end of table.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
204 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 17.—National banks for which increase of capital has been authorized,under act Mar. 9, 1933, as amended, by the issuance of preferred stock which waspurchased by the Reconstruction Finance Corporation unless otherwise noted,together with the amount of increase and the rate of dividend, etc., to close of busi-ness Oct. 31, 1934—Continued
Charterno.
Title DatePreferredincreasecapital
Parvalue
ofshares
Sold atper
share
Percentof divi-dendto bepaid
on thepar
value
2491955112976786780651132613178
1021310200119221321712172118732456
822212766989210387111612104
130927999
9621
125456268
11282
7997134651305412328
7435165112517
8572
9278
326982961125386364007538199071309811504366170041119797972637
CALIFORNIA—continued
Security-First National Bank of Los Angeles..The Calistoga National Bank, CalistogaThe First National Bank of FontanaThe First National Bank of Corona . .The First National Bank of AzusaThe First National Bank of CrockettThe First National Bank of Vista _.
The First National Bank of El Monte
The First National Bank of ClovisThe First National Bank of Riverdale.The First National Bank of ElsinoreFirst National Bank in San LeandroFirst National Bank in Paso RoblesCalifornia First National Bank of Long Beach.County National Bank and Trust Company
of Santa Barbara __The Covina National Bank, CovinaThe Temple National Bank, TempleThe First National Bank of AntiochThe First National Bank of McFarlandThe Sebastopol National Bank, SebastopoL...First National Trust and Savings Bank of
Santa Barbara .The Citizens National Bank of OntarioThe Whittier National Trust and Savings
Bank, Whittier :The Pajaro Valley National Bank of Watson-
ville _ —The Seaboard National Bank of Los Angeles..The First National Bank of Ontario
The First National Bank of Cloverdale
The First National Bank of San JacintoFirst National Bank in OrosiThe First Central National Bank of Calexico.The First National Bank of Bellfiower
1934Apr. 30May 1May 3May 8. . . d o . . . .
May 14
May 18May 21May 22May 24May 31June 6
June 14. . . d o . . . .June 15June 18June 22June 23
June 30. . . d o . . . .
. . . d o . . . .
July 6July 12July 24
July 30
Aug. 4Aug. 21Aug. 24Sept. 1
$12,000,000.0050,000.0025,000.0050,000.0040,000. 0025,000.0010,000.0029,625. 00
3 375.0020,000. 0010,000.0025,000.0050,000. 0050,000.00
200,000. 00
200,000. 0025,000.00
3 12, 500.0015,000. 0025,000.0025,000.00
125,000.0025,000.00
150,000.00
75,000.00300,000.00
62, 500.0016,800. 003 3,200.0025,000. 0015,000. 00
100,000. 0010,000.00
$30.00100.0050.0080.0080.00
100.0010.00
' 62.50
40.0080.0050.00100.00100.0020.00
100.0050.0062.5030.00100.00100.00
100.0075.00
50.00
100.0020.0050.00
20.00
50.0060.0040.00100.00
$30.00100.0050.0080.0080.00100.0010.00
62.50
40.0080.0050.00100.00100.0020.00
100.0050.0062.5030.00100.00100.00
100.0075.00
50.00
100.0020.0050.00
20.00
50.0060.0040.00
100.00
Total (50banks). 20,925,000.00
The First National Bank of MeekerThe Colorado National Bank of DenverThe American National Bank of Denver
The Colorado Springs National Bank, Colo-rado Springs
The First National Bank of HolyokeThe Fremont County National Bank of
Canon CityThe Denver National Bank, DenverThe First National Bank of WindsorThe First National Bank of Longmont...The First National Bank of JohnstownThe First National Bank of MontroseThe First National Bank of FlorenceThe First National Bank of EnglewoodThe National City Bank of DenverThe First National Bank of LimonThe First National Bank of Glenwood Springs.The First National Bank of Fort MorganThe First National Bank of StrattonThe Burns National Bank of DurangoThe First National Bank of Durango
1933Sept. 18Sept. 21Dec. 29
1934Jan. 4Jan. 8
Jan. 20Jan. 31
do..Feb. 2Feb. 5Feb. 20Feb. 24Mar. 5Mar. 12Mar. 13Apr. 4Apr. 25Aug. 18Sept. 6Sept. 26
25,000.001,500,000.00300,000.00
100,000.0025,000.00
50,000.00700,000.0025,000.00100,000.0025,000.0050,000. 0050,000.0025,000.0050,000.0012,500.0075,000.0050,000.0010,000.0050,000.00
100,000.00
100.00100.0050.00
100.00100.00
50.0050.0075.0050.0050.00100.00100.00100.0050.00100.0050.00100.0080.00100.00100.00
100.00100.0050.00
100.00100.00
50.0050.0075.0050.0050.00
100.00100.00100.0050.00
100.0050.00
100.0080.00
100.00100.00
Total (20 banks). 3,322,600.00
Footnotes at end of table.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 205
TABLE N O . 17.—National banks for which increase of capital has been authorized,under act Mar. 9, 1938, as amended, by the issuance of preferred stock which waspurchased by the Reconstruction Finance Corporation unless otherwise noted,together with the amount of increase and the rate of dividend, etc., to close of busi-ness Oct. 31, 1934—Continued
Char-terno.
Title DatePreferredincreasecapital
Parvalue
ofshares
Sold atper
share
Percentof divi-dendto bepaid
on thepar
value
94385111340
1314125941324525991382780
12973
1216
2
3351360
126371037101451132
1243
2336
897272111332
50462038
102457404
1287113383
11420
11389110381290510578
CONNECTICUT
The Danbury National Bank, DanburyThe Canaan National Bank, CanaanThe Central National Bank of Middletown.-.
The Clinton National Bank, Clinton _.The Citizens National Bank of PutnamThe Sharon National Bank, SharonThe First National Bank of WallingfordThe Meriden National Bank, MeridenThe Waterbury National Bank, Waterbury_.JThe Byran National Bank of East Port
Chester.._The Middletown National Bank, Middletown.
f The First National Bank and Trust Company\ of New Haven,The First National Bank and Trust CompanyI of BridgeportThe Windham County National Bank of
DanielsonThe Plantsville National Bank, Plantsville..-
fThe New London City National Bank, New\ LondonThe First National Bank of PlainfieldCity National Bank & Trust Company of
DanburyThe New Haven Bank, National Banking
Association, New HavenTotal (19 banks)
DELAWAREThe Fruit Growers National Bank and Trust
Company of SmyrnaThe First National Bank of DagsboroThe First National Bank of DelmarThe Delaware City National Bank, Delaware
City ,Total (4 banks) . . .
1933Apr. 28Dec. 15Dec. 22
1934Feb. 23Mar. 10Apr. 7Apr. 13May 5June 16
June 21June 25
[June 27
June 30
July 9July 10
Jjuly 19Aug. 24
Aug. 30
Oct. 13
1934
Apr. 19June 29July 3
July 24
DISTRICT OF COLUMBIA
The Riggs National Bank of Washington, D. C.The Second National Bank of Washington
Total (2 banks)FLORIDA
The First National Bank of BradentonThe First National Bank of De Funiak
Springs _
The First National Bank of KissimeeThe American National Bank in Winter
HavenThe St. Augustine National Bank, St. Augus-
tineThe First National Bank of Winter Garden...The First National Bank of LeesburgThe First National Bank of ClearwaterThe Munroe and Chambliss National Bank of
Ocala
s $160,000.003 50,000.00
3 200,000.00
50,000.0050,000. 0020,000.0050,000.00
150,000.00/ 399, 776.00I 3 224. 00
25,000. 00/ i 150,000.00\2 3 126,900.00/ 1630,000.0012 920,000.00/ 994, 520. 00\ 3 5,480.00
3 100,000. 0025,000. 00
r i ioo, ooo. ooI 2 3 25,000. 00
3 50,000. 00
150,000.00
3 200,000. 00
$100.00100.00100.00
62.5020.0080.0062.5037.50
• 32.00
100.0015.0025.0045.00
100.00
20.00
25.0050.00
50.00
25.00
60.00
50.00
$300.00100.00100.00
62.5020.0080.0062.5037.50
32.00
100. 0015.0025.0045.00125.0020.00
25.0050.0050.0025.00
60.00
50.00
4,631,900.00
75,000. 00/ i 15,000. 00\ 2 3 io, 000.00
25,000. 00
3 45,000. 00
125.00100.00100.0083.33
100.00
125.00100.00100.0083.33
100.00
170,000. 00
1934
Feb. 1Sept. 5
1933Sept. 30
Dec. 151934
Jan. 4
Feb. 10
Feb. 17July 28Sept. 5...do
Sept. 6
f 950,000.003 550,000.00
150,000.00
JlOO.OO60.00
100.00
60.00
1,650,000. 00
150,000.00
50,000. 00
30,000. 00
100, 000. 00
3 100,000. 0025,000.00
100,000.00100,000.00
75,000. 00
100.00
100.00
100.00
200.00
100.0050.00
100.0050.00
37.50
100.00
100. 00
100. 00
200. 00
150.0050.00
100.0050.00
37.50
Total (9 banks). 730,000.00
Footnotes at end of table.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
206 REPORT OP THE COMPTROLLER OF THE CURRENCY
TABLE N O . 17.—National banks for which increase of capital has been authorized,under act Mar. 9, 1988, as amended, by the issuance of preferred stock which waspurchased by the Reconstruction Finance Corporation unless otherwise noted,together with the amount of increase and the rate of dividend, etc., to close of busi-ness Oct. 81, 1934—Continued
Char-terno.
7616
44299617
13472
163911936135507969967275493830
2972
16686982
8822
7230
9263
107279566
18813854554845964576
10460113084003
117746460
531
13639J10247
85070
8740123665322429966538933
10397
Title
GEORGIA
The Gainesville National Bank, Gainesville-
The First National Bank of ValdostaThe Fulton National Bank of AtlantaThe Liberty National Bank & Trust Company
of SavannahThe National Bank of Athens . -First National Bank of LawrencevilleThe National Bank of FitzgeraldFirst National Bank of McDonoughThe First National Bank of MilledgevilleThe Calhoun National Bank, CalhounThe First National Bank of Marietta
Total (11 banks)
IDAHO
The First National Bank of Lewiston.
The First National Bank of Idaho, BoiseAmerican National Bank of Idaho FallsThe First National Bank of Malad CityT h e Commercial National Bank of Saint
AnthonyThe Bonner County National Bank of Sand-
pointT h e First National Bank of Bonners FerryThe First National Bank of Kellogg
Total (8 banks)
ILLINOIS
The Dixon National Bank, DixonThe Merchants National Bank of AuroraThe First National Bank of Carlyle..The Old Second National Bank of AuroraThe Citizens National Bank of DeoaturThe First National Bank of Wayne CityThe First National Bank of HinsdaleThe First National Bank of HarrisburgThe First National Bank of WoodlawnThe Farmers National Bank of GrayvilleThe Grundy County National Bank, Morris--Continental Illinois National Bank and Trust
Company of ChicagoThe Lawndale National Bank of Chicago
The First National Bank of ChicagoThe Southern Illinois National Bank of East
St. LouisThe First National Bank of GenevaThe First National Bank of LebanonThe First National Bank of Piper City.The Carlinville National Bank, Carlinville--_The First National Bank of HighlandThe First National Bank of LockportThe First National Bank of Brownstown
Date
1933July 13
1934Feb. 24Mar. 2
Mar. 16M a y 7June 9Aug. 9Aug. 28Sept. 7Sept. 26Oct. 4
1933June 27
1934Jan. 3Feb . 23
May 1
May 24
May 29June 5July 31
1933Apr. 13Apr. 20Apr. 22__doApr. 25Apr. 29May 4May 9May 19May 25Aug. 21Dec. 22Dec 30
1934Jan. 12
Feb. 1Feb . 6Feb . 24Feb. 27Mar. 5Mar. 9-_do._-Mar. 10
Preferredincreasecapital
f i $50,000.00\ 23 25,000.00
150,000.00500,000.00
300,000.00150,000.0025,000. 0050,000. 0030,000.0037,500.0050,000.00
100,000.00
1,467, 500.00
100,000.00
300,000. 00100,000.00
r 20, ooo. ooI 3 5,000.00
15 000 00
35 000 0020,000. 0025,000.00
620,000. 00
3 200 000 003 100,000.003 100,000. 003 200,000. 003 200,000. 00
3 20,000. 003 150,000. 00
3 50,000. 003 10,000.003 50,000. 00
3 200,000. 00f49,999, 666. 67
3 333 33350, OOO! 00
25,000,000. 00
500 000 0025,000.0030,000.0025,000. 0075,000. 0075,000. 0025,000. 0025,000. 00
Parvalue
ofshares
$25.0025.00
50.00100.00
5.0030.00
100.0010.00
100.0050.0083.3350.00
100.00
100.00100.00
jioo.oo
40.00
200 008o!oo25.00
100. 00ioo!oo100.00100.00100.00100. 00100.0025.00
100.00100. 00100.00
• 33. 33
10.00
100.00
100. 00ioo!oo60.0050.00
100.00100.00100.00125.00
Sold atper
share
$25.0025.00
50.00100.00
5.0030.00
100.0010.00
100.0050.0083.3350.00
100.00
100.00100.00
100.00
40. 00
200.0080.0025. 00
100. 00ioo!oo100.00100.00100. 00100. 00100.0050. 00
100.00100. 00100.00
33. 33
10.00
100.00
100.00ioo!oo60.0050. 00
100. 00100.00100.00125. 00
Percentof divi-dendto bepaid
on thepar
value
1526
55
55444444
— :
6
55
5
5
544
g6466466456
5
5
5
5555555
Footnotes at end of table.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 207
TABLE N O . 17.—National banks for which increase of capital has been authorized,under act. Mar. 9, 1933, as amended, by the issuance of preferred stock which waspurchased by the Reconstruction Finance Corporation unless otherwise noted,together with the amount of increase and the rate of dividend, etc., to close of busi-ness Oct. 31, 1934—Continued
Char-terno.
Title DatePreferredincreasecapital
Parvalue
ofshares
Sold atper
share
Percentof divi-dendto bepaid
on thepar
value
8221
136501192348049823
3296
43421058219611147840195771811512000
3303
11662106901209644336924794153986524
3043
109116609177397348425
131469408
13216
884613373
3548
9397
26819786
479
51536451
5638
86079500
5630
77281259611333
10180
8174113
3287
13478
13605
3640
ILLINOIS—continued
The Farmers and Merchants NationalBank of Nashville
The Security National Bank of WittThe City National Bank of CentraliaThe City National Bank of MurphysboroThe Swedish-American National Bank of
RockfordCommercial Merchants National Bank and
Trust Company of PeoriaThe City National Bank of KankakeeThe First National Bank of MarineThe First National Bank of FloraThe St. Clair National Bank of BellevilleThe First National Bank of MurphysboroThe First National Bank of BarryThe Greenup National Bank, GreenupThe First National Bank of Coulterville
The Old National Bank of Centralia
First National Bank of CiceroThe First National Bank of GorhamThe First National Bank of XeniaThe First National Bank of ViennaThe First National Bank of O'FallonThe First National Bank of FreeburgThe First National Bank of RossvilleThe First National Bank of Nashville
The State National Bank of Petersburg
The First National Bank of AvaThe Fairfleld National Bank, FairfieldThe First National Bank of Morris-_.The Bradford National Bank of GreenvilleThe First National Bank of MillstadtNational Builders Bank of ChicagoThe Peoples National Bank of McLeansboro.-American National Bank and Trust Company
of ChicagoThe Peoples National Bank of St. Francisville,The Citizens National Bank of Chicago
HeightsThe Illinois National Bank of Springfield
The First National Bank of Brighton
The Streator National Bank, Streator
The First National Bank of Sandoval
The Third National Bank of Rockford
The City National Bank of Harrisburg
The Citizens National Bank of Paris
The First National Bank of Dundee
The First National Bank of Oblong
The Batavia National Bank, Batavia
The First National Bank of Cobden
The First National Bank of BenldFirst National Bank in Carbondale __
The Citizens National Bank of Toluca
The First National Bank of Waterloo
The First National Bank of GibsonThe First National Bank of Danville._._The Farmers National Bank of KnoxvilleFirst National Bank of Pana _The Second National Bank of RobinsonThe First National Bank of Beardstown
1934Mar. 13Mar. 19Mar. 21Mar. 22
Mar. 28
Mar. 31Apr. 3Apr. 4Apr. 12
dApr. 19_._doApr. 23Apr. 24
Apr. 26
Apr. 30May 1May 2May 7-_doMay 8. .do
May 22
May 25May 29June 6June 7June 12June 14June 19
June 23June 26
June 27June 29
July 7July 16
July 17
July 18.__do
July 24
July 25July 27
Aug. 6
Aug. 7Aug. 14
Aug. 24
Aug. 28do
Aug. 30Aug. 31
Sept. 12
Sept. 14
$35,000. 0012, 500. 0025,000. 0050,000. 00
200, 000. 00
500, 000. 00
;5O,ooo.oo' ' ,25,000. 00, 50, 000. 00
i 50, 000. 00! 25, 000. 00
50, 000. 0025,000. 0012,000. 00
i 75,000. 002 3 25, 000. 00
150,000. 0015, 000. 005, 000. 00
35, 000. 0075,000. 0020,000. 0025,000. 0050, 000. 0045, 500. 00
3 4, 500. 0020, 000. 0050,000. 0050,000. 00
100, 000.0045,000.00
250,000. 00a 15,000.00
750,000. 0025,000. 00
50, 000. 00150,000. 001 15,000. 00
2 3 5, 000. 0090,000. 0020, 000. 00
282,960. 00317,040.00
60,000. 0075, 000.0022,400. 003 2, 600. 0075, 000.0060,000.00
i 12, 500.002 3 12, 500. 00
100, 000. 003 25,000. 00
25,000. 001 25,000. 00
2 3 5, 000. 0025, 000.00
200,000. 0030, 000.0025,000. 0074,000.003 1, 000. 0075, 000.00
$125. 0050.00
100. 0062.50
80.00
20.0080.00100. 00100.00125. 0062.50125.0050. 0075.0050.00100.0050.0075.00100. 00125. 0050.00100.0062.5050.00
) 31. 25
80.0050.0020.00100.00100.0031.25100.00
100.0012.50
6.2550.0050.00100.0060.00100.00
30.00
60.0037.50
50.00
30.0040.0025.00100. 00125.00100.0050.0062. 50100. 0083.3362.50125. 0050.00
62.50
50.00
$125. 0050.00100. 0062.50
80.00
20.0080.00100.00100. 00125.0062.50125. 0050.0075.0050.00100. 0050.0075.00100. 00125. 0050.00100.0062.5050.00
31. 25
80.0050.0020.00100. 00100.0031.25100.00
100. 0012.50
6.2550.0050.00100. 0060.00100. 00
30.00
60.0037.50
50.00
30.0040.0025.00100. 00125. 00100.0050.0062.50100. 0083.3362.50125.0050.00
62.50
50.00
555555555
i 526
5555555
5444444
44
44
i 424
44
44
1 52 6
454
142 3
4444
4
4
Footnotes at end of tableDigitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
208 KEPORT OF THE COMPTftOLLEB OF THE CTJRREtfCY
TABLE N O . 17.—National banks for which increase of capital has been authorized,under act Mar. 9, 1933, as amended, by the issuance of preferred stock which waspurchased by the Reconstruction Finance Corporation unless otherwise noted,together with the amount of increase and the rate of dividend, etc., to close of busi-ness Oct. 31, 1934—Continued
Char-terno.
Title DatePreferredincreasecapital
Parvalue
ofshares
Sold atper
share
Percentof divi-dendto bepaid
on thepar
value
11754102572212
1926J315670883190
4934
7948
2100
7375124445756956212028946389275300633496829159206
51737725
46525067111
643347
737571552043377
526789122747
1523842
11671
5756
17
11148J
65099381
2183
ILLINOIS—continued
The First National Bank of Okawville..The First National Bank of Annapolis...The Oakland National Bank, OaklandThe De Witt County National Bank of
Clinton...The First National Bank of MetropolisThe First National Bank of Villa Grove.The Second National Bank of BelvidereThe First National Bank of Carmi
1934Sept. 17Sept. 18Sept. 19
Jsept. 25pt. 27
The First National Bank of EnfieldThe Edgar County National Bank of Paris..
Total (87 banks)
Sept. 29Oct. 1
Oct. 25Oct. 26
$25,000.0010,000.00
1 30,000.002 3 6, 750.00
15,000. 003 15,000.00
25,000.0025,000. 0050,000.0049, 250.00
3 750.001 20,000.002 3 5,000.00
90,000.00
$83. 3380.0060.00
100.00
[125.00
62.5050.0050.00
> 62. 50
25.00100.0060.00
$83. 3380.0060.00100.00
125. 00
62.5050.0050.0062.5025.00
100.0060.00
82, 276, 250.00
INDIANA
The Citizens National Bank of Tell CityOld National Bank in EvansvilleThe Tell City National Bank, Tell CityThe First National Bank of Oakland CityThe First National Bank of Spurgeon.The Farmers National Bank of PrincetonThe Farmers National Bank of WadesvilleThe First National Bank of PetersburgThe Merchants National Bank of South Bend.First-Cannelton National Bank, Cannelton..The First National Bank of WinslowThe First National Bank of Elkhart
1933Apr. 15
d(
The Citizens National Bank of BedfordLincoln National Bank and Trust Company
of Fort WayneThe Seymour National Bank, SeymourThe Rockville National Bank, RockvilleThe First National Bank of MadisonThe First National Bank of MitchellTerre Haute First National Bank Terre Haute.The Citizens National Bank of Tell CityThe First National Bank of BicknellThe Washington National Bank, Washington-First National Bank and Trust Company of
La Porte. _
Apr. 18Apr. 19Apr. 21Apr. 25__doApr. 27May 13June 5June 6June 28
1934Jan. 10
Jan.Feb.Feb.Mar.Mar.Mar.Mar.Mar.Mar.
The First National Bank of HuntingburgThe Riddell National Bank of Brazil.The Albion National Bank, AlbionThe First National Bank of Michigan City. . .The First National Bank of DanvilleThe Peoples National Bank and Trust Com'
pany of WashingtonThe First National Bank of ConverseThe Rush County National Bank of RushvilleThe First National Bank of BloomingtonThe Tell City National Bank, Tell CityThe First National Bank of RichmondThe First-Merchants National Bank of Lafay-ette
The City National Bank of AuburnThe Merchants National Bank of Michigan
CityThe First National Bank of Crown Point
Apr. 3Apr. 4Apr. 14—,do__.Apr. 23May 14
May 15June 5June 8June 9...do—.June 14
June 30
July 11
July 12July 24
3 35.000.003 500,000.003 25,000.003 40,000. 003 25, 400. 00
3 100,000.003 25,000. 00
3 125, 000. 003 150, 000. 003 75, 000. 003 80,000. 00
3 100,000.00
75,000.00
700, 000. 00100, 000. 0025,000.0040,000.0015,000. 00
500,000.00i 35,000.00
15,000.0075,000. 00
143,800.003 6, 200. 0030, 000. 0050, 000. 00
3 25, 000.0062,500.0050,000.00
75,000.00i 25,000.00
2 3 15,000.0050,000.00
1 125,000. 002 3 50,000. 00
i 50,000. 0062, 200.00
3 12,800.00i 500,000. 00
2 3 225,000.00
45,000. 00
50,000.0040,000.00
100.00100.00100.00100.00100.00100.00100.00100.00100.00100. 00100.0050.00
100.00
20.0080.00100.0080.00120.0010.0070.00100.0040.00
• 25. 00
80.00100.00100.0050.00100. 00
75.0050.00100.0080.0031.25100. 00100.00
•100.0020.0020.00
30.00
40.0040.00
100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100. 0050.00
100.00
20.0080.00100.0080.00120.0010.0070.00100.0040.00
25.00
80.00100. 00100.0050.00100. 00
75.0050. 00100.0080.0031.25100.00100.00
100.0020.0020.00
30.00
40.0040.00
Footnotes at end of table.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
EEPOBT OP THE COMPTEOLLEE OF THE OTJEEENCY 209TABLE N O . 17.—National banks for which increase of capital has been authorized,
under act Mar. 9, 1933, as amended, by the issuance of preferred stock which waspurchased by the Reconstruction Finance Corporation unless otherwise noted,together with the amount of increase and the rate of dividend, etc., to close of busi-ness Oct. 31, 1934—Continued
Char-terno.
Title DatePreferredincreasecapital
Parvalue
ofshares
Sold atper
share
Percentof divi-dendto bepaid
on thepar
value
78241066765525331244412132
2307
59344784318925741064073695022111629724310557381332146015979
9619
677113112788013458
1350813020
203287256659
631110746
47423066110105757
595232079758
INDIANA—continued
The First National Bank of BatesvilleThe First National Bank of ColumbusThe First National Bank of RochesterThe Citizens National Bank of Crawfordsville.Old National Bank in EvansvilleThe National City Bank of EvansvilleThe American National Bank of Vincennes..-
1934Aug. 3Aug. 7Aug. 31Sept. 25Oct. 9Oct. 15Oct. 23
Total (45 banks).
Iowa-Des Moines National Bank & TrustCompany, Des Moines
Dysart National Bank, DysartThe First National Bank of DenisonThe First National Bank of Missouri Valley. _The First National Bank of Mason CityThe Farmers National Bank of WinfieldThe First National Bank of Sioux CenterThe Live Stock National Bank of Sioux City..The Citizens National Bank of WebbThe Farmers National Bank of AureliaThe First National Bank of WaverlyThe First National Bank of Essex. _
f Central National Bank and Trust Company of\ Des MoinesThe First National Bank of PetersonThe Commercial National Bank of Charles
CityThe Landmands National Bank of Kimball-
tonThe First National Bank of Logan.The Clay County National Bank of Spencer. _The Sheldon National Bank, Sheldon..National Bank and Trust Company of
Chariton _ -The Dyersville National Bank, DyersvilleFirst National Bank in Spirit Lake ..-.
fThe Louisa County National Bank of Colum-\ bus Junction..The Okey-Vernon National Bank of Corning—The First National Bank of KlemmeThe Peoples National Bank of Albia
1933Dec. 30
1934Feb. 23Mar. 13Mar. 15Mar. 27Apr. 17Apr. 21Apr. 30May 3May 29June 14June 21•June 30July 3
July 17
Aug. 10Aug. 14Aug. 16Aug. 24
Sept. 11Sept. 21Sept. 27
[Sept. 28Oct. 2Oct. 23Oct. 25
Total (26 banks).
KANSAS
/The Commercial National Bank of KansasI CityThe Security National Bank of Arkansas City_
The Farmers National Bank of SalinaThe First National Bank of ConcordiaThe Union National Bank of WichitaThe Council Grove National Bank, Council
Grove.The Baxter National Bank of Baxter Springs..The First National Bank of SterlingThe Union Stock Yards National Bank,
Union Stock Yards (P. O. Wichita)
1933[Sept. 18Dec. 30
1934Jan. 18Feb. 17Mar. 15
Mar. 21Mar. 24Mar. 27
Mar. 30
3 $30,000. 0060,000.0025,000. 0025,000. 00
i 150, 000. 00200,000. 00150,000. 00
$50.00100. 00125. 0083.3350.00
100.0062.50
$50. 00100.00125. 0083.3350.00
100. 0062.50
5,192,900. 00
3, 500,000.00
40,000.0025,000. 0020,000.00550,000. 0025,000.0025,000.00200,000.0015, 000.0025,000.0050,000. 0025, 000. 00
1 750, 000. 002 3100, 000. 00
25,000. 00
3 15, 000. 00
25,000. 0025, 000. 00
i 50, 000. 002 3 10, 000. 00
25, 000. 00
50, 000. 0037, 500. 00
i 35, 000. 002 3 15,000. 00i 25,000. 00
2 3 12, 500. 0050,000. 00
3 10,000. 0025,000.00
100.00
40.00100.00100. 00100.0050.0075.00100. 0062.5050.0075.0050.00100.00100.00100. 00
100. 00
25.00100. 00100. 00100. 00100. 00
50.00125. 008.7510; 0025.0025.00125. 00100. 00100.00
100. 00
40.00100. 00100.00100.0050.0075.00100. 0062.5050.0075.0050.00100. 00100.00100.00
100. 00
25.00100. 00100.00100.00100. 00
50.00125.008.7510.0025.0025.00125. 00100.00100.00
5, 785,000.00
' 1350,000.002 3 100, 000. 00
50,000. 00
100,000.0050,000. 00
100, 000. 00
25,000. 0015, 000. 0025,000. 00
50, 000. 00
10.0010.00
100.00
50.0050.0062.50
50.0075.0010.00
50.00
10.0010.00100. 00
50.0050.0062.50
50.0075.0010.00
50.00
Footnotes at end of table.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
210 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 17.—National banks for which increase of capital has been authorized,under act Mar. 9, 1933, as amended, by the issuance of preferred stock which waspurchased by the Reconstruction Finance Corporation unless otherwise noted,together with the amount of increase and the rate of dividend, etc., to close of busi-ness Oct. 31, 1934—Continued
Char-terno.
347553497285
114056817
11300105759773
7195
12694195164943810
10765510144877192
133292758378236018290
4040
791173034981
970858819365
718
8439
6028
136518579
136127030
129618229292717673064
12293
12456409070867891
43566248
Title
KANSAS—continued
The National Bank of PittsburgThe Caney Valley National Bank, CaneyFirst National Bank in Dodge City_The City National Bank of AtchisonFirst National Bank in Mankato -The First National Bank of HugotonThe First National Bank of Medicine Lodge--The First National Bank of DightonThe First National Bank of OverbrookThe Hoisington National Bank, Hoisington___The First National Bank of ParsonsThe El Dorado National Bank, El DoradoThe First National Bank of HortonThe American National Bank of Hutchinson..The National Bank of SenecaThe Home National Bank of Arkansas Ci ty . .The First National Bank of MeadeThe First National Bank in CimarronThe Exchange National Bank of AtchisonThe First National Bank of ManhattanThe First National Bank of Phillipsburg-_ ___The First National Bank of NorcaturThe First National Bank of BurlingameThe Marion National Bank, MarionThe Home National Bank of Eureka _.The Farmers and Merchants National Bank
of El Dorado
Total (35 banks)
KENTUCKY
The Union National Bank of Providence._ ___The Farmers National Bank of SomersetThe American National Bank of Bowling
GreenThe First National Bank and Trust Company
of CovingtonThe Citizens National Bank of Glasgow.._ __
The First-Hardin National Bank of Elizabeth-town -
The New Farmers National Bank of Glasgow.The Georgetown National Bank, Georgetown-Mercer County National Bank of Harrodsburg.The Pikeville National Bank, PikevilleThe Peoples National Bank of PaducahThe First National Bank of Central CityThe First National Bank of GeorgetownThe First National Bank of SpringfieldThe First National Bank of PrincetonThe Third National Bank of AshlandThe Farmers National Bank of ScottsvilleThe State National Bank of FrankfortThe National Bank of Middlesborough . .The Morgan County National Bank of Can-
nel City _ __The First National Bank of GreenvilleThe First National Bank of Latonia. Coving-
ton (P. O. Latonia Sta., Covington)
Total (22 banks)
Date
1934Apr. 17Apr. 20May 3June 16June 19July 3July 13July 17Aug. 7Aug. 14Aug. 21- d o — „Aug. 25Aug. 27Aug. 28Sept. 5Sept. 13Sept. 17Sept. 18Oct. 4Oct. 10Oct. 11Oct. 17Oct. 20Oct. 23
Oct. 29
1933May 8May 9
Aug. 11
Sept. 2Dec. 30
1934Jan. 11Jan. 27Jan. 29Jan. 31Feb. 1Feb. 23Mar. 13Mar. 23Mar. 24May 24July 9July 12
Oct. 2Oct. 23
Oct. 27
Preferredincreasecapital
$100,000. 0025,000.00
100,000. 0050,000. 0025,000. 0015,000. 0025, 000. 0025,000. 00
f i 15,000. 00I 2 310,000. 00
25,000.0050,000.0050,000.0015,000.0060,000.0025,000.0075,000.0015,000.0015,000.00
100,000.0050,000.0040,000.0025,000.00
j i 25,000.00{ 23 7,000.00
20,000.0035,000.00
20,000.00
1,907,000.00
3 30,000.003 100,000.00
3125,000.00
250,000.0040,000.00
80,000.0050,000.0050,000.0050,000.00
100,000.00100,000.0050,000. 0025,000.0025,000.00
100,000.00r i IOO, ooo. oo\ 2 3 25,000.0025,000.00
50,000.003 65,000.00
15,000.003 60,000.00
30,000.00
1,545,000.00
Parvalue
ofshares
$100.0031.25
100.00100.00100.00100.0080.00
100. 0030.0040.00
100.00100.00100.00100.00100.00100.0062.5075.0050.0040.0080.0080.00
125.0010.0010.0040.00
100.00
40.00
100.0010.00
100.00
10.00100.00
80.00100.0040.00
100.00100.00100.00100.0025.00
100.0080.0040.0050.0062.5050.0050.00
100.00100.00
31.25
Sold at
share
$100. 0031.25
100.00100.00100.00100.0080.00
100. 0030.0040.00
100.00100.00100.00100.00100.00100.0062.5075.0050.0040.0080.0080.00
125.0010.0010.0040.00
100.00
40.00
100.0012.50
100.00
10.00100.00
80.00100.0040.00
100.00100.00100.00100.0025.00
100.0080.0040.0050.0062.5050.0050.00
100.00100.00
31.25
Percentof divi-dendto bepaid
on thepar
value
55555444
1 42 54
444444444444
1425
44
4
65
6
55
5555555555
1 4264
45
44
4
Footnotes at end of table.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
BEPOET OF THE COMPTROLLER OF THE CURRENCY 211
TABLE NO. 17.—National banks for which increase of capital has been authorized,under act. Mar. 9, 1933, as amended, by the issuance of preferred stock which waspurchased by the Reconstruction Finance Corporation unless otherwise noted,together with the amount of increase and the rate of dividend, etc., to close of busi-ness Oct. 31, 193Jy— Continued
Charterno.
1383941549834
4986287
19298261142446
11082311330
62875861498
3941960944592749
13843
4128
463430105445
70641119387998381
7427160
4049
1551
8456
6606
9699
5471
2547
46081434
12590
Title
LOUISIANA
The St. Charles National Bank of NorcoThe First National Bank of Lake CharlesLouisiana National Bank of Baton Rouge
Total (3 banks)
MAINE
First National Granite Bank of AugustaThe Rumford National Bank, RumfordThe First National Bank of BrunswickThe Kezar Falls National Bank, Kezar Falls-The Thomaston National Bank, Thomaston__The First National Bank of DamariscottaThe Medomak National Bank of Waldoboro__The Camden National Bank, CamdenThe First National Bank of Lewiston... _
The Rumford National Bank, RumfordThe Peoples National Bank of FarmingtonFirst National Granite Bank of AugustaThe First National Bank of Bar HarborThe National Bank of GardinerThe First National Bank of Farmington _The First National Bank of HoultonThe First National Bank of Fort Fairfield
The Portland National Bank, Portland
Total (18 banks)MARYLAND
The First National Bank of AberdeenThe First National Bank of Havre de Grace-_The Citizens National Bank of Havre de
Grace .The First National Bank of North EastThe National Bank of PerryvilleThe Woodbine National Bank ,WoodbineThe Second National Bank of TowsonThe First National Bank of WestminsterThe First National Bank of Mount AiryThe Second National Bank of HagerstownThe Washington County National Bank of
Williamsport . _. .The Southern Maryland National Bank of
La PlataThe First National Bank of St. Mary's at
Leonardtown.The Clear Spring National Bank, Clear
Spring.
The First National Bank of Southern Mary-land of Upper Marlboro..
The Denton National Bank, DentonThe First National Bank of GaithersburgThe Easton National Bank of Maryland, Eas-
tonThe Nicodemus National Bank of Hagers-
town
Total (19 banks)
Date
1934Jan. 5Apr. 23June 14
1933Apr. 15May 5June 1June 12June 20July 3Oct. 23Nov. 25Nov. 29
1934Jan. 9Mar. 1Mar. 7
Apr. 9Apr. 10June 9July 7Aug. 29
1933Mar. 29Mar. 31
Apr. 1Apr. 5Apr. 22Apr. 26
---doApr. 29May 2May 6
Aug. 3
Aug. 12
Sept. 27
Nov. 14
1934
July 30July 31Aug. 21
Sept. 4Sept 12
Preferredincreasecapital
$50,000.00100,000.00300,000.00
450,000.00
3 300, 000. 003 25, 000. 00
3 100,000. 003 50, 000. 003 50,000. 00
3 150,000. 0035,000. 00
3 50,000. 00400,000. 00
i 150, 000. 003 50,000. 00500,000. 00200,000. 00
25, 000. 0050,000. 00
100,000. 0050, 000.00
/ 1850,000.00I2 3 150, 000. 00
3,285, 000. 00
3 100,000. 003 30, 000. 00
3 50, 000. 003 54, 000. 003 50,000. 003 50,000. 00
3 125,000.003 200,000.003 100,000. 00
f i 100, 000. 00\2 3 100,000.00
3 100,000. 00
3 25,000. 00
3 60,000. 00
3 25,000. 00
100,000. 00f 71,040.00{ 3 3,960. 00
15, 000. 00
150,000. 00f 224,000. 00
3 76,000.00
1,809,000. 00
Parvalue
ofshares
$100.0025.0080.00
100.00100. 00100.00100. 0010.0025.0010.0050.0025.00
100. 00100. 00100. 00100. 00100. 0080.00
100. 0050.0040.0050.00
100. 0010.00
10.00100. 0010.0010.005.00
10.0010.002.502.50
5.00
50.00
5.00
2.50
8.0040. 00
100. 00
20.00100. 00
Sold atper
share
$100.0025.0080.00
100.00100. 00125. 00200. 0020.0025.0010.0075.0025.00
100. 00100. 00100. 00100. 00100. 0080.00
100. 0050.0040.0050.00
100. 0010.00
15.00200. 0030.0020.006.00
20.0020.005.005.00
10.00
100. 00
10.00
5.00
8.0040.00
100. 00
20.00100. 00
Percentof divi-dendto bepaid
on thepar
value
554
666666565
55555545
i 4
6
6666466
i 626
g
6
6
6
444
44
Footnotes at end of table.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
212 REPORX OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 17.—National banks for which increase of capital has been authorized,under act Mar. 9, 1988, as amended, by the issuance of preferred stock which waspurchased by the Reconstruction Finance Corporation unless otherwise noted,together with the amount of increase and the rate of dividend, etc., to close of busi-ness Oct. 81, 1934—Continued
Char-terno.
Title DatePreferredincreasecapital
Parvalue
ofshares
Sold atT
'ercentof divi-dendto bepaid
on thepar
value
61612104771128001085113888844282404
129799651152769749071210277088412031049
205811351939
72647035171907991367
120138310181186811510261
2504125672152
1240572971134.71341111014
10059528
2232
MASSACHUSETTS
The Warren National Bank of PeabodyNorth Adams National Bank, North Adams...The Somerville National Bank, SomervilleThe Methuen National Bank, Methuen _The National Bank of WrenthamThe Peoples National Bank of SouthbridgeThe First National Bank of Gardner.._ ._The First National Bank of EasthamptonThe Peoples National Bank of Marlborough..The Waltham National Bank of Waltham..
First National Bank in MedfordThe Broadway National Bank of ChelseaWebster and Atlas National Bank of Boston...The National City Bank of LynnSpringfield National Bank, SpringfieldNorth Adams National Bank, North Adams..The First National Bank of MarlboroThe First National Bank of GardnerrThe National Mahaiwe Bank of Great Bar-
ringtonThe Powow River National Bank of Ames-
bury --.The Crocker National Bank of Turners FallsThe Mechanics National Bank of Worcester..Holyoke National Bank, Holyoke
of
The Merchants National Bank of SalemThe Park National Bank of Holyoke
/The National Mount Wollaston Bank\ QuincyThe First National Bank of Westfield
/The Merchants National Bank of New Bed-\ fordHampden National Bank and Trust Company
of Westfield...The Central National Bank of LynnThe First National Bank of Northampton
fNorthampton National Bank and Trust Com-\ pany, NorthamptonThe Arlington National Bank, ArlingtonThe Everett National Bank, Everett.
1933Mar. 23Apr. 8- d oApr. 20May 24June 7June 21June 26July 5Aug. 31
1934Jan. 5Jan. 22Jan. 29Jan. 30. . .do. . . . .Feb. 2Feb. 13Feb. 17•Feb. 19
Feb. 28Mar. 28Apr. 7Apr. 10
Apr. 17Apr. 20[May 1May 9
The First National Bank of New Bedford
The Brockton National Bank, BrocktonThe Dedham National Bank, DedhamThe Home National Bank of Brockton
- d o — .May 10May 15•__do
June 4June 12June 26
June 27June 28June 29
/The Safe Deposit National Bank of New Bed-1 fordThe Wellesley National Bank, WellesleyThe Braintree National Bank, BraintreeFirst National Bank of WebsterThe Second National Bank of Maiden
/The Milford National Bank and Trust Com-\ pany, Milford—_The Merchants National Bank of Leominster..The Framingham National Bank, Framing-
hamThe First National Bank of Attleboro
JuneJulvJulyJulyJuly
Aug.
Aug.
30
101421
23
18
25
Aug. 28Sept. 5
3 $150,000.003 200,000. 003 400,000. 003 115,000.00
3 52, 500. 003 51, 200.00
3 250, 000.003 100,000.003 125,000.003 200,000.00
100,000.00250,000.00500,000. 00250,000. 00
1, 500, 000.00300,000.00125, 000. 00
i 150,000.001 100,000. 002 3 25,000. 00
75, 000.0050,000.00
1,000,000.00478, 500.003 21, 500. 00
i 300, 000.00{ 2 3150,000.00
150,000. 00199, 400. 00
3 600. 00100,000.00200,000. 00
3 300,000.00
100,000.00200,000.00150,000.00293, 550. 003 6,450. 00
3 100,000.00200,000.00
i 500,000.003 250,000.00i 500,000.00
\2 3 200,000.003 50,000.00
i 300,000.003 200,000.00
250,000. 003 100,000.00
150,000.0050,000.0075,000. 00
, i 50,000.00\ 2 3 50, 000.00f i 75,000.00
• 3 25,000. 0044, 750. 003 5, 250. 00
200,000.00200,000.00
1100.00100.0020.00
100.0070.00
100.00100.00100. 00100.00
12.50
50.0050.0050.0050.0010.00
100.0050.0050. 0050.00
100.00
50.0025. 00
100. 00
• 50.00
15.0025.00
100.00
[100.00
50.00
20. 00
50.0050.0012.5075. 0050.0025.0025.0050.0025.0050.00100. 0050.0050.00
- 12.5010.0040.0075.005.0010.0020.0020.00
\ 62.50
50.0050.00
ilOO. 00100.0020.00100.0070.00100. 00100.00100. 00100. 0012.50
50.0050. 0050. 0050.0010.00100. 0050.0050.0050.00100.00
50. 0025.00100.0050.0015.0025.00100.00100. 0050.0020.00
50.0050.0012.5075.0050.0025.0025.0050.0025.0050.00
100. 0050.0050.0012. 5010.0040.0075. 005.00
10.0020.0020.0062.50
50.0050.00
Total (47 banks) . . . . _ 12,293.700.00
end of table.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 213TABLE NO. 17.—National banks for which increase of capital has been authorized,
under act Mar. 9, 1933, as amended, by the issuance of preferred stock which waspurchased by the Reconstruction Finance Corporation unless otherwise noted,,together with the amount of increase and the rate of dividend, etc., to close of busi-ness Oct. 31, 1934—Continued
Char-terno.
Title DatePreferredincreasecapital
Parvalue
ofshares
Sold at
share
Percentof divi-dendto bepaid
on thepar
value
113054446
908712697
68637676390
4454
173110601354794979000
51999517191
7958
129477307
2006
3560728332243626727388131121513486
2648
9409
1251813297472767321487461412922
12357112121121811668
MICHIGAN
The First National Bank of WakefleldFirst National Trust and Savings Bank of
Port Huron.The Superior National Bank of HancockThe Dart National Bank of Mason
The First National Bank of NorwayThe Houghton National Bank, HoughtonThe First National Bank and Trust Com-
pany of Marquette.The Lumbermen's National Bank of Me-
nominee.The First National Bank of LapeerThe First National Bank of AlphaThe First National Bank of Sault Ste. Marie..The First National Bank of Burr OakThe First National Bank of Alger County, at
Munising.The First National Bank of RocklandThe Gogebic National Bank of Ironwood-The First National Bank and Trust Com-
pany of Kalamazoo.
1933June 6June 30
Sept. 11Dec. 27
1934Jan. 27July 26July 31
Aug. 7
Aug. 23Aug. 30Sept. 6Sept. 7Sept. 11
Sept. 17Sept. 18Oct. 16
3 $50,000.00i 500,000. 00
2 3 400,000.00100,000. 0012, 500. 00
25,000.00200,000.00250,000.00
50,000.00
72, 960.003 2,040.0020,000.00
f 1200,000.001 2 3 75̂ 000.00
30,000.0050, 000.00
12, 500. 0050,000. 00
500, 000. 00
$100.0050. 0050.00
100. 00100. 00
100. 0062.50
125.00
10.00
• 60. 00
40.0050.00
100. 00125. 00125. 00
25.0050.00
100. 00
Total (16 banks). 2,600,000.00
MINNESOTA
The First National Bank of CarltonThe American National Bank of Saint Paul-First National Bank of Hopkins
The First National Bank of Moose LakeThe Goodhue County National Bank of Red
Wing.Northwestern National Bank and Trust Com-
pany of Minneapolis.The First National Bank of Albert LeaThe First National Bank of WatervilleThe First National Bank of WinonaFirst and American National Bank of Duluth.The First National Bank of Belle PlaineThe First National Bank of AppletonThe First National Bank of MontgomeryThe Northwestern National Bank of Litch-
field.Fergus Falls National Bank and Trust Com-
pany, Fergus Falls.Midland National Bank and Trust Company
of Minneapolis.Security National Bank of Hopkins -First National Bank in MoorheadThe National Citizens Bank of Mankato.Stock Yards National Bank of South St. PaulThe First National Bank of Red WingThe First National Bank of MarshallThe Empire National Bank and Trust Com-
pany of St. Paul.First National Bank in Two Harbors --.The Hastings National Bank, HastingsThe First National Bank of Jordan.
1933Apr. 26May 11Dec. 16
1934Jan. 4Feb. 3
Mar. 8
Mar. 12..doMar. 13..do..do
..do
..do.....
Mar. 14
..do.....
.do..
The Security National Bank and Trust Com-pany of Faribault.
. . d o . . . . .Mar . 15. . d oMar . 19. . d o . . . .Mar . 20
Mar . 21Mar . 24Mar . 27Mar . 28
s 30,000.00f 1,000,000.00V> 1,000,000. 00
40,000. 00
25, 000.00100,000.00
5,000,000. 00
200,000.005,000. 00
350, 000. 001, 500,000.00
5,000.0010, 000.005,000. 00
50,000. 00
25,000.00
500, 000.0025,000.0025, 000.00
250, 000. 00250,000.0050,000. 0050, 000. 00
250,000.00
25,000. 0030, 000. 0025,000.00
100,000. 00
$200. 0050.0050.00
100.00100. 00
100.0062.50
125. 00
10.00
60.00
40.0050.00
100. 00125. 00125. 00
25.0050.00
100. 00
100. 00
100. 00
100. 00
100.00100. 00
100. 00
100.00100. 00100. 0025.00
100. 00100. 00100. 00100. 00
100.00
100. 00
100. 00100.00100. 00100.00100. 00100. 00100. 00
100.00100. 00100. 00100.00
100. 00
100.00
100.00
100. 00100. 00
100. 00
100. 00100.00100.0025.00
100.00100. 00100.00100.00
100. 00
100.00
100. 00100. 00100. 00100. 00100. 00100. 00100. 00
100. 00100. 00100. 00100.00
Footnotes at end of106093—35Digitized for FRASER
http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
214 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 17.—National banks for which increase of capital has been authorized,under act Mar. 9, 1933, as amended, by the issuance of preferred stock which waspurchased by the Reconstruction Finance Corporation unless otherwise noted,together with the amount of increase and the rate of dividend, etc., to close of busi-ness Oct. 31, 1934—Continued
Char-terno.
Title DatePreferredincreasecapital
Parvalue
ofshares
Sold atper
share
Percentof divi-dendto bepaid
on thepar
value
9464
7092635225677508115811157913127
13066
742769211356480495377179455686991926211861
131084617683711761
121407387
123957033678713075118188551558262931174077721313110393
654468131090316836917
7196710913116107106563
11622
MINNESOTA—continued
The First National Bank of SandstoneThe Worthington National Bank, Worthing-
ton.The First National Bank of New PragueThe First National Bank of Cass LakeThe First National Bank of CrookstonThe First National Bank of CaledoniaThe First National Bank of Pine CityThe American National Bank of Nashwauk...The Third Northwestern National Bank of
Minneapolis.The Fourth Northwestern National Bank of
Minneapolis.The First National Bank of HarmonyThe National Citizens Bank of CanbyThe First National Bank of Le Center _._The Northwestern National Bank of Dawson.The First National Bank of HermonThe First National Bank of Elmore.The First National Bank of Saint PeterThe First National Bank of StaplesThe Miners National Bank of EvelethThe First National Bank of GilbertThe Marquette National Bank of Minne-
apolisThe Central National Bank of Minneapolis. _The First National Bank of Elbow LakeThe First National Bank of Osakis.—The First National Bank of Barnum
The Duluth National Bank, DuluthThe First National Bank of BrahamThe Union National Bank of RochesterThe First National Bank of CokatoThe Hancock National Bank, HancockThe First National Bank of MapletonBecker County National Bank of Detroit Lakes.The American National Bank of St. CloudThe Fairmont National Bank, FairmontThe First National Bank of BemidjiThe First National Bank of Plain viewThe First National Bank of MenahgaThe First National Bank of HawleyThe Midway National Bank of St. PaulThe Blue Earth Valley National Bank of Win-
nebagoThe First National Bank of Waseca
1934Mar. 29
—do—..
Apr. 4Apr. 7Apr. 10
do....do.....Apr. 18Apr. 26
Apr. 27
May 3May 5May 8May 9May 21May 23May 28..do
. do
...doJune 8June 12...do—do. . . .
July 6July 17July 18July
JulyJuly
doJulyJuly
Aug.
Aug.
21
2427
2830
1
3
The First National Bank of BagleyThe First National Bank of KeewatinFirst National Bank of Mankato.The Farmers and Merchants National Bank of
MinneotaThe First National Bank of HalstadThe First National Bank of Le RoyWestern National Bank of Duluth._ _.The First National Bank of BaudetteThe First National Bank of Grand RapidsThe First National Bank of Buhl
gAug. 4Aug. 14Aug. 17
Aug. 18Aug. 20
Aug. 21Aug. 27
Aug. 28Sept. 1Sept. 5Sept. 17Sept. 29Oct. 2
Oct. 16
1 $15,000.002 3 5,000.001 30,000.00
1 2 3 30,000.0030,000. 0010,000.0062, 500.0025,000. 0030,000.0018,000.0050,000.00
25,000.00
20,000.0040,000. 0020, 000.005,000.00
25,000.0030,000.0030,000.0020,000. 0020,000. 0020,000.00
100,000. 00150,000.0025,000.0015,000.00
» 15,000.002 3 l, 000.00
1 100,000.00a» 50,000.00
10,000.00100,000.0025,000. 00
3 10,000.0015,000.007,500.00
20,000.0060,000.0030,000.00
i 50,000.002 3 25,000.00
30,000.0030,000.0010,000.00
200,000.00
35,000.0050,000.00
1 15,000.002 3 5,000.00
20,000.00100,000.00
40,000.0020,000.0020,000.0050,000.0010,000.00
3 25,000.00125,000.002 3 5,000.00
$100.00100.0015.00100.00100.0062.5050.0050.0060.0075.00100.00
100.00
80.0080.0040.00100.0050.00100.00100.0040.00100.00100.00
100.00100. 0050.00100. 0060.00100. 0025.0050.0040.00100. 0040. 0060.00100.00100.0075.0075.0025.0050.0040.0060.00100.00100.00
70.00100.0025.00100.0050.00100.00
100.0062.5080.0062.50100. 00100.0080.0080.00
$100.00100.0015.00100. 00100.0062.5050.0050.0060.0075.00100.00
100.00
80.0080.0040.00100.0050.00100.00100.0040.00100. 00100.00
100.00100.0050.00100.0060.00100.0025.0050.0040.00100. 0040.0060.00100.00100.0075.0075.0025.0050.0040.0060.00100.00100.00
70.00100. 0025.00100.0050.00100.00
100.0062.5080.0062.50100.00100.0080.0080.00
Total (78 banks). 12,984,000.00
Footnotes at end of table.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OP THE COMPTROLLER OF THE CURRENCY 215
TABLE NO. 17.—National banks for which increase of capital has been authorized,under act. Mar. 9, 1933, as amended, by the issuance of preferred stock which waspurchased by the Reconstruction Finance Corporation unless otherwise noted,together with the amount of increase and the rate of dividend, etc., to close of busi-ness Oct. 31, 1934—Continued
Char-terno.
Title Date Preferredincreasecapital
Parvalue
ofshares
Sold at
Percentof divi-dendto bepaid
on thepar
value
10738517674613258
859372661057611898
13551
1233312955
13142520979218407582768752919170
1291612066
134818011306863699236
1233313690307913162
1107413417111014541458633751100880553120110171098635254396
4803
MISSISSIPPI
First-Columbus National Bank, Columbus...First National Bank of Hattiesburg...The First National Bank of McComb City. . .The First National Bank & Trust Company
of VicksburgThe Pascagoula National Bank of Moss PointThe Citizens National Bank of MeridianThe First National Bank of BiloxiThe Commercial National Bank and Trust
Company of LaurelFirst National Bank in Meridian
1934Jan. 31Apr. 3June 16
June 30July 12July 30Aug. 7
Aug. 21Sept. 10
Total (9 banks).
The First National Bank of ClaytonThe Citizens National Bank of Maplewood..
The Exchange National Bank of Jefferson City.The Union National Bank of SpringfieldThe First National Bank of SalemThe First National Bank of CainesvilleThe First National Bank of GallatinThe First National Bank of CentraliaThe Third National Bank of SedaliaFirst National Bank in St. LouisThe Boatmen's National Bank of St. Louis. _.The Security National Bank Savings andTrust Company of St. Louis
Clayton National Bank, ClaytonThe First National Bank of WellstonThe Marshall National Bank of Union vine. _ _The First National Bank of JasperTraders Gate City National Bank of Kansas
CityThe First National Bank of ClaytonThe National Bank in North Kansas CityThe First National Bank of TarkioFirst National Bank of Joplin
1933Apr. 25Aug. 8
1934Jan. 10Feb. 27Mar. 5Mar. 13Apr. 7Apr. 11May 29June 4June 5
June 11June 16June 26June 30July 28
Sept. 11do.
Oct.Oct.Oct.
Total (21 banks).
Baker National Bank, BakerThe Continental National Bank of Harlowton.The First National Bank of CircleThe Great Falls National Bank, Great Falls..The First National Bank of Kalispell
(The First National Bank of White Sulphur\ SpringsThe First National Bank of Twin Bridges....The Merchants National Bank of Glendive...The First National Bank of DillonThe First National Bank of RapeljeThe First National Bank of ReserveThe First National Bank of Great FallsFirst National Bank & Trust Company of
HelenaThe Conrad National Bank of Kalispell
1934Mar. 5Mar. 14
Mar. 16. . .do . - - .
Mar. 21Apr. 14Apr. 25May 4July 5Sept. 13
Sept. 14Oct. 19
Total (14 banks)
$100,000.00500,000.00125,000. 00
500,000. 0075,000. 00
150,000. 00i 75,000. 00
2 3 25,000.00
150.000.00200,000. 00
$10.00250.00125.00
10.0025.00
100. 0040.00
100.00
100. 0050.00
$10.00250. 00125.00
10.0025.00
100. 0040.00
100. 00
100.0050.00
1,900, 000.00
3 150,000.003 100,000.00
300,000.00300,000.0020,000.0012, 500.0010,000.0025,000. 0050,000. 00
4,000,000.00500,000.00
500,000.0050,000.00
150, 000. 0025, 000.0015, 000. 00
300,000.00i 100,000.00
25,000.0025,000.00
150,000.00
100. 0025.00
100.00100.00100.00100.00100.00100.00100.0020.0020.00
100.00100.00100. 0050.0045.00
75.0010.0040.0060.0037.50
100.0025.00
100. 00100.00100.00100.00100. 00100.00100.0020.0020.00
100.00100.00100. 0050.0045.00
75.0010.0040.0060.0037.50
6,807, 500.00
16,000.0010,000.00
i 10,000.00\ 2 3 10,000.00
75,000.00100,000.001 25,000.002 3 5,000.0015,000.0060,000.00450,000.0015,000.0010,000.00
200,000.00
200,000.00150,000. 00
64.00100.0010.0020.00100.00100.0020.0020.0050.0030.00100.0060.0062.50100.00
100. 0075.00
64.00100.0010.0020.00100.00100. 0020.0020.0050.0030.00100. 0060.0062.50100. 00
100.0075.00
1,351,000.00
Footnotes at end of table.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
216 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 17.—National banks for which increase of capital has been authorized,under act Mar. 9, 1938, as amended, by the issuance of preferred stock which waspurchased by the Reconstruction Finance Corporation unless otherwise noted,together with the amount of increase and the rate of dividend, etc., to close of busi-ness Oct. 81, 1984—Continued
Char-terno. Title Date
Preferredincreasecapital
Parvalue
ofshares
Sold atper
share
Percentof divi-dendto bepaid
on thepar
value
1633
209
3960637827466506134251355713244529752829666828697311351528489908
1333313408299495812978
1001143248328
134539623
131582902
1346372048317
100255189382347913523
93107743
11784
107019
8147
877
4740
80381052
The Omaha National Bank, Omaha.The First National Bank of Omaha..
The First National Bank of AlbionThe First National Bank of ValentineThe First National Bank of Falls CityThe First National Bank of CambridgeThe American National Bank of SidneyFirst National Bank in OrdThe First National Bank of PrimroseThe First National Bank of HooperThe First National Bank of Newman Grove..The First National Bank of BayardThe First National Bank of StromsburgThe City National Bank of CreteThe Hastings National Bank, HastingsThe Fremont National Bank, FremontStock Yards National Bank of South Omaha,
OmahaThe Continental National Bank of Lincoln. _.The Stephens National Bank of FremontThe First National Bank of FairburyThe Scottsbluff National Bank, Scottsbluff..The United States National Bank of Omaha.The Tilden National Bank, TildenThe First National Bank of TekamahThe Central National Bank of ColumbusThe Farmers National Bank in PilgerThe First National Bank of ButteThe First National Bank of ArcadiaThe First National Bank of David CitySt. Paul National Bank, St. PaulThe First National Bank of Elwood.. _.The Farmers National Bank of MadisonThe First National Bank of BeldenThe First National Bank of GenoaThe First National Bank of Chadron ._The First National Bank of PenderThe First National Bank of Weeping Water.
1933July 29Dec. 29
1934Jan. 4Jan. 30Feb. 1Feb. 6
doFeb. 13Feb. 16Feb. 20Feb. 24Mar. 2Mar. 3Mar. 6Mar. 12Mar. 13
..doMar. 16Mar. 21Apr. 6Apr. 7Apr. 12Apr. 16Apr. 20May 11May 17May 22May 28May 31June 12June 18June 19July 7Aug. 7Oct. 19Oct. 20
Total (37 banks).
NEVADA
The Ely National Bank, ElyThe First National Bank of ElkoThe Farmers and Merchants National Bank
of Eureka
1934May 9July 5
Oct. 23
Total (3 banks)NEW HAMPSHIRE
The Souhegan National Bank of Milford...The First National Bank of Portsmouth.. .The Wolfeboro National Bank, Wolfeboro.
1933May 3
.do
The Keene National Bank, KeeneThe Lakeport National Bank of LaconiaThe First National Bank of West DerryThe New Hampshire National Bank of Ports-
mouth
July 3
1934Feb. 9Apr. 11Apr. 27
May 10
$1,250,000.0011,000,000.002 3 500,000.00
30,000. 0025,000.0025,000. 0025, 000.0040,000.0030,000.0025,000.0025,000.0012, 500. 0025,000.0025,000. 0025,000. 00125,000.0075,000.00
1,000,000.00300,000.0050,000.00100, 000. 0035, 000. 00200, 000. 0025, 000. 0025, 000. 0050, 000. 0025, 000. 0025, 000. 00
3 10, 000. 0037, 500. 0025, 000. 0012, 500. 0012, 500. 0015, 000. 0030, 000. 0050,000. 0025, 000.0025,000. 00
1100.0020.0020.00
50.00100.00100. 00200.0050.0050.00100.0062.5062.5050.0050.0050.00100. 0050.00
100.00100. 00100.00100.00100. 00100.0050.0062.50100. 00100. 0050.00100. 00100. 0020.0031.25100.00100. 0050.00100. 00100. 00100. 00
$100.0020.0020.00
50.00100.00100. 00200.0050.0050.00100.0062.5062.5050.0050.0050.00100.0050.00
100.00100.00100.00100. 00100. 00100. 0050.0062.50100. 00100. 0050.00100. 00100. 0020.0031.25100. 00100.0050.00100. 00100.00100. 00
5, 340,000. 00
50, 000.00100, 000. 00
25, 000. 00
100. 0050.00
80.00
100.0050.00
80.00
175,000.00
3 125,000.00s 250, 000. 00123, 000. 00
100,000.0050,000. 00
3 25, 000.0025,000. 00
3 100, 000. 00
100.00100.00100.00
50.00} 20.00100.00
100.00
100.00100.00100.00
50.0020.00100.00
100.00
Footnotes at end of table.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OP THE COMPTROLLER OF THE CURRENCY 217
TABLE NO. 17.—National banks for which increase of capital has been authorized,under act Mar. 9, 1933, as amended, by the issuance of preferred stock which waspurchased by the Reconstruction Finance Corporation unless otherwise noted,together with the amount of increase and the rate of dividend, etc., to close of busi-ness Oct. 31, 1934—Continued
Char-terno.
Title DatePreferredincreasecapital
Parvalue
ofshares
Sold atper
share
Percentof divi-dendto bepaid
on thepar
value
132471310
2240
9001
52152257
107121037612022
224612033
8627
1203739968267
10787
860
11826278
125714072
12014
8394
12903
587
10440130341297711607
7265
6179
12861
13012
12606129781264613120
8497
11658
8323
4147
10248
NEW HAMPSHIRE—continued
The Wilton National Bank, Wilton ._The Indian Head National Bank of Nashua..The Second National Bank of Nashua
/The White Mountain National Bank of Gor-1 ham
Total (11 banks) •_
NEW JERSEY
The First National Bank of Perth AmboyThe Second National Bank and Trust Com-
pany of Red BankThe Citizens National Bank of Bloomsbury-.-The Keansburg National Bank, Keansburg...The Laurel Springs National Bank, Laurel
SpringsThe First National Bank of ClintonThe North Arlington National Bank, North
ArlingtonThe First National Bank and Trust Company
of KearnyThe Ridgefield National Bank, RidgefieldThe Haddonfleld National Bank, Haddonfield-The Peoples National Bank of Hacketstown. -The First National Bank and Trust Company
of Pompton LakesThe First National Bank of Washington
Hudson County National Bank, Jersey City_-The Marine National Bank of WildwoodThe First National Bank of LakehurstThe Paterson National Bank, PatersonThe City National Bank and Trust Company
of HackensackCloster National Bank and Trust Company,
ClosterThe Pennsauken Township National Bank of
North Merchantville(The National Bank of New Jersey, New\ BrunswickThe First National Bank of MinotolaThe Harrison National Bank, HarrisonThe Woodbine National Bank, WoodbineThe Memorial National Bank of Collingswood^The First National Bank of Williamstown
The First National Bank of South River
/The Prospect Park National Bank, Prospect\ ParkThe Northern Valley National Bank of
TenaflyThe Yard ville National Bank, Yard villeThe First National Bank of Stone HarborThe First National Bank of Hamilton Square.The American National Bank of Camden
The First National Bank of Barnegat
Beach Haven National Bank and Trust Com-pany, Beach Haven
fMerchantville National Bank & Trust Com-\ pany, Merchantville
The Peoples National Bank of Keyport
The Ventnor City National Bank, Ventnor.. _
1934Aug. 4Aug. 21
Aug. 29
•Sept. 15
1933Apr. 12
..doMay 1__do
$25,000.003 100, 000.00
/ 1300,000.002 3 300,000. 00
4, 260. 00\ 3 io, 740.00
$15. 00100.0015.005C.00
60.00
$15. 00100.0015.0050.00
60.00
1,538,000. 00
May 9June 1
June 3
June 9June 20June 21June 23
July 6Aug. 10
1934Jan. 15Feb. 15Mar. 7Apr. 4
Apr. 5
Apr. 11
Apr. 20
[Apr. 21May 2
.__doMay 3May 4May 17
May 22
Ldo
._doMay 24May 28June 7June 8
June 12
June 14
June 22
3 300, 000. 00
3 750, 000. 003 60, 000. 003 50, 000. 00
3 25, 000. 003 50, 000. 00
3 25, 000. 00
3 150, 000. 00s 100, 000. 003 100. 000. 003 100, 000. 00
2 200, 000. 003 200, 000. 00
1, 500, 000. CO200, 000. 0025. 000. 00
1, 000, 000. 00
150, 000. 00
100, 000. 00
25, 000. 00/ i 750, 000. 00\ 2 3 500, 000. 00
25, 000. 00112, 500. 0020. 000. 0025, 000. 00
3 15, 000. 00200. 000. 00
\ 2 3 50. 000. 00f 74, 500. 00\ 3 500. CO
100, 000. 0025, 000. 0015, 000. 0025, 000. CO50, 000. CO73, 500. 003 1, 500. 00
50, 000. 00124, 720. 00
3 280. 00/ i 115, 000. 00\ 2 3 io, 000. 00
100, 000. 00
100. 00
100. 005.00
100. 00
50.0012.50
25.00
25.0010.00
100.005.00
10.00100. 00
30.0050.0050.0050.00
100. 00
80.00
50.0015.0050.0035. 0050. 00100. 0025.00100. 0080.00100. 00
> 50.00
50. 0025. 0060.00100. 0050.00
• 37. 50
25.00
> 10. 00
57. 5020.00125. 00
100.00
200. 0015.00
100. 00
50. 0037.50
50.00
50. 0025.00100. 005.00
30.00300.00
30.0050.0050.0050.00
100. 00
80.00
50.0015. 0050.0035.0050.00100.0025. 00100. 0080.00100. 00
50. 00
50.0025. 0060.00100. 0050.00
37.50
25.00
10.00
57.5020.00
125. 00
Footnotes at end of table.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
218 KEPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 17.—National banks for which increase of capital has been authorized,under act Mar. 9, 1988, as amended, by the issuance of preferred slock which waspurchased by the Reconstruction Finance Corporation unless otherwise noted,together with the amount of increase and the rate of dividend, etc., to close of busi-ness Oct. 81, 1934—Continued
Char-terno.
Title DatePreferredincreasecapital
Parvalue
ofshares
Sold atper
share
Percentof divi-dendto bepaid
on thepar
value
928510110126171154311759129421320
13574
3922
4365
5061
926811734
8704
3697866111368
13L36
7223
1262187791222
3501
11446
9597
134642549498
11361
13363
1459329
1291713272331
11620
NEW JERSEY—continued
The Merchants National Bank of Cape May_.The First National Bank of EatontownThe Atco National Bank, AtcoThe Bogota National Bank, Bogota
(Citizens First National Bank and Trust Com-\ pany of RidgewoodThe Manville National Bank, Manville
/The Salem National Bank & Trust Company,\ SalemFirst National Bank in Rockaway
/The City National Bank and Trust Company\ of SalemThe Citizens National Bank and Trust Com-
pany of EnglewoodThe First National Bank and Trust Company
of SummitThe Little Falls National Bank, Little Falls..The First National Bank of BordentownThe Woodstown National Bank & Trust
Company, Woodstown/First National Bank and Trust Company of
Beverly'The Peoples National Bank of New Bruns-
wickThe First National Bank of Millburn
/The Bergenfield National Bank and Trust1 Company, BergenfieldThe First National Bank of Cedar Grove
The Bridgeton National Bank, Bridgeton
The First National Bank of Englishtown
The Oaklyn National Bank, OaklynThe First National Bank of MilfordThe Mechanics National Bank of Burlington..
1934June 26...do......_.QO
June 27[June 28. . . d o -June 29
.__ao
June 30
. . .do—.
. . .do——do—..do-.. .
__doJuly 2
•July 3July 5July 6
- d o — .
July 7
July 10
.-do—.
The Farmers National Bank of Allentown
Audubon National Bank, AudubonThe First National Bank and Trust Company
of Blackwood _The Cumberland National Bank of Bridgeton.The Hopewell National Bank, HopewellThe Farmers and Merchants National Bank of
Bridgeton
July 12
July 17
July 18
July 19
July 25July 26. . .do .—
The Dumont National Bank, DumontAsbury Park National Bank and Trust Com
pany, Asbury ParkThe Union National Bank of FrenchtownThe First National Bank of PatersonThe National Bank of Mantua
/The First-Mechanics National Bank of Tren-\ ton—.The Flemington National Bank and Trust
Company, FlemingtonThe First National Bank and Trust Company
of Roebling
July 27July 28
July 30July 31Aug. 1Aug. 13•Aug. 17
Aug. 18
Aug. 23
f i $100, 000. 00i 23 25,000.00
35, 000. 0025, 000. 0060, 000. 00
400, 000. 0012 3100, 000. 00
20, 000. 00123, 300. 003 26, 700. 00i 75. 000. 00
2 3 25, 000. 0037, 000. 00
3 63, 000. 00
300, 000. 00
150, 000. 00125, 000. 00
48, 800. 003 1,200. 00
50, 000. 0024, 475. 00
3 525. 00233, 000. 00
3 17, 000. 00150,000. 00i 70, 000. 00
2 3 50, 000. 0024, 600. 00
3 400. 001 100,000.00
2 3 50,000. 00i 12, 500.00
2 3 5,000. 001 50,000. 00
2 3 10,000. 00125,000.00
1 100,000.002 3 25,000. 00
/ i 69,000.001 ! 3 1,000.00
2 3 30,000.001 40,000.00
2 3 40,000.00
75,000.00i 350,000. 00
2 3 50,000. 003 50,000. 00
50,000.00i 50,000.00
2 3 25,000. 00
300,000. 00i 100,000. 00
2 3 50,000.00750,000. 0025,000. 00
12,000,000.002 31,200,000.00
90,000. 00
$50. 0050.0050.00
100. 0050.0012. 5025.00
100. 00> 50. 00
25.0025.00
• 20. 00
125. 00
75.0075.00
100. 00
100. 00} 75. 00
50.0017.5050. 0040. 00
100.00100.0040.0040.0030.0030.00100. 0020.0020.00
• 50. 00
50.0015.0060.00
50.00100.00100.00100. 00
20.0025.0025.00
75.0015.0015.0060.0075.0010.0020.00
18.00
3 50,000.00 100.00
$50.0050.0050.00100. 0050.0012. 5025.00100. 0050. 0025.0025.00
20.00
125. 00
75.0075.00
100.00
100. 00
75. 00
100. 0050.0017. 5050.0040.00
100.00100. 0040.0040.0030.0030.00100.0020.0020.00
50. 0050.0015.0060. 00
50.00100.00100.00100.00
20.0025.0025.00
75.0015.0015.0060.0075.0010.0020.00
18. 00
100.00
Footnotes at end of table.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OP THE CURRENCY 219TABLE N O . 17.—National banks for which increase of capital has been authorized,
under act. Mar. 9, 1933, as amended, by the issuance of preferred stock which waspurchased by the Reconstruction Finance Corporation unless otherwise noted,together with the amount of increase and the rate of dividend, etc., to close of busi-ness Oct. 31, 1934—Continued
Char-terno.
13203
810
10471
2923
12524
13125
4182
122729612
5387
12830
3878
860
452
77207043
608165978348
9825
8398
108162468
5648893
11742
87941011149889900648251961264
S0856124965605
12550
Title
NEW JERSEY—continued
The Third National Bank & Trust Companyof Camden
The Second National Bank of PatersonThe Clayton National Bank, ClaytonThe Swedesboro National Bank, Swedesboro..The Perth Amboy National Bank, Perth
AmboyThe First National Bank of Marlton
The Central National Bank of FreeholdThe First National Bank of WyckoffThe Citizens National Bank and Trust Com-
pany of Cal dwellThe Penn's Grove National Bank and Trust
Company, Penn's GroveThe First National Bank of Springfield _.
The First National Bank of South Amboy
The First National Bank of WashingtonThe First National Bank of Freehold
Total (90 banks)
NEW MEXICO
The First National Bank of Las CrucesThe First National Bank of Artesia
The First National Bank of Santa RosaThe First National Bank of Belen _ _ __The First National Bank of Elida
Total (5 banks)
NEW YORK
The Yonkers National Bank and Trust Com-pany, Yonkers _ __
The Peekskill National Bank and Trust Com-pany, Peekskill
The First National Bank of LisleThe Briggs National Bank & Trust Company
of ClydeThe First National Bank of CaledoniaSaratoga National Bank of Saratoga SpringsThe Port Leyden National Bank, Port Ley-
denThe First National Bank of IslipThe First National Bank of Newark Valley.._The Citizens National Bank of WellsvilleThe Ticonderoga National Bank, Ticonderoga.The First National Bank of RemsenThe First National Bank of Way landThe National Bank of VernonThe West Chester County National Bank of
PeekskillThe Athens National Bank, AthensThe First National Bank of NarrowsburgThe First National Bank of HermonThe Jamaica National Bank of New York,
Jamaica
Date
1934Aug. 27Aug. 28Sept. 1Sept. 12
. . do
. . . d o . . . _
Sept. 13Sept. 17
Sept. 18
Sept. 19Sept. 28
Oct. 15
Oct. 18Oct. 30
1933May 20July 28
1934Apr. 13June 15Aug. 21
1933Mar. 29
Apr. 3Apr. 4
Apr. 20Apr. 24- d o . —
May 1do
May 2May 3May 8May 10May 12May 13
May 16May 19May 22May 27
__do
Preferredincreasecapital
$50,000.00/ 244, 233. 32\ 3 5, 766 68
25,000.00/ i 50,000. 00\ 2 3 25,000 00
125, 000. 00f i 15,000. 00\ 2 3 14, 500. 00/ 31, 700. 00\ 3 18, 300 00
25, 000.00
150, 000. 00
50,000. 0025,000.00
[f i 124,400. 00\\ 13 600.00[2 3 100,000. 00
3 150, 000.00r 1200, ooo. oo\ 2 3 25,000.00
17, 259, 500. 00-
50,000. 003 50,000.00
25, 000.0025,000. 0010,000. 00
160,000. 00
3 400,000. 00
3 100,000. 003 30,000.00
3 100,000. 003 150,000.003100,000. 00
3 25,000.003 100,000.003 25,000. 00
3 100,000.003 100,000. 003 31,500.003 50,000.003 62,500.00
3 500,000. 003 50,000.003 62,500. 003 50,000.00
3 225,000.00
Parvalue
ofshares
$35.00
} 50.00100.0010.0010 00
16%18.0050.00
} 60.0070.00
20.00
125 0040.00
[ 50.0050.0010.0020.0020.00
100.00100.00
100.0050.00
100. 00
20.00
50.0010.00
10.00100.00
1.00
100.0010.0010.00
100.0010.00
100. 00100.0025.00
10.0010,001
100.0010.00
50.00
Sold atper
share
$35.00
50.00
100.0010.0010 00
16%18.0050.00
60.00
70.00
20.00
125. 0040.00
50.00
50.0020.0020.0020.00
100. 00100. 00
100. 0050.00
100. 00
40.00
200. 0030.00
35.00100. 00
5.00
240.0025.0020.00
125.0025.00
200.00200.0050.00..
50.0025.00
200.0021.60
100.00
Percentof divi-dendto bepaid
on thepar
value
4
4
4i 425
41 4
2 None
4
4
4
44
1 4
2 66
1 425
66
544
6
66
6
6
66366 .6 "6 .6 .
66 :66
6
Footnotes at end of table.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
220 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 17.—National banks for which increase of capital has been authorized,under act Mar. 9, 1938, as amended, by the issuance of preferred stock which waspurchased by the Reconstruction Finance Corporation unless otherwise noted,together with the amount of increase and the rate of dividend, etc., to close of busi-ness Oct. 31, 1934—Continued
Char-terno.
Title DatePreferredincreasecapital
Parvalue
ofshares
Sold at
Percentof divi-dendto bepaid
on thepar
value
5390540710446119274858135678453
135592472
146112574
1040
76782022370
12503
12892
10155255
10235639
1275
6371
696413260
75125928
50684495
1164911891124378789990
10175721
101591363
929
10109
NEW YORK—continued
The First National Bank of Spring ValleyThe First National Bank of FalconerThe First National Bank of HeuveltonThe May brook National Bank, MaybrookThe Citizens National Bank of Port Henry...First National Bank in Highland FallsThe National Chautauqua County Bank of
Jamestown _.First National Bank in MontgomeryThe First National Bank of Salamanca
1933June 1
do.
The National City Bank of New YorkThe Peoples National Bank and Trust Com-
pany of White PlainsThe First National Bank <fe Trust Company of
SaugertiesThe National Bank of Roxbury...The First National Bank of BinghamtonThe Chase National Bank of the City of New
YorkThe First National Bank of Merrick
The Rye National Bank, Rye
Lafayette National Bank of Brooklyn in NewYork....
The Wallkill National Bank, WallkillFirst and Second National Bank and Trust
Company of Oswego _The Bath National Bank, Bath
July 25July 29July 31Aug. 1
Aug. 25Nov. 21Nov. 24
1934Jan. 13
Jan. 20
Feb. 12
Feb. 17
Feb. 27
Mar. 15
Mar. 16
Mar. 17
Mar. 31
Apr. 3
Apr. 4
Niagara County National Bank and TrustCompany, Lockport
The Cambridge Valley National Bank, Cam-bridge
The Irvington National Bank and Trust Com-pany, Irvington
Lackawanna National Bank, LackawannaThe National Safety Bank and Trust Com-
pany of New YorkThe First National Bank of Sharon Springs....The First National B ank of Walcott
Apr. 6
Apr. 12
The First National Bank of Port JeffersonThe First National Bank and Trust Company
of WaltonThe First National Bank of MiltonThe City National Bank of BinghamtonThe National Bank of Andes...The First National Bank of DownsvilleThe Central Valley National Bank, Central
Valley. _ _The First National Bank of Lacona.
Apr. 14
Apr. 30May 1
May 14
May 15
May 22
May 23
May 28.. .do.__.May 31
. . . d o . . - .
The Manufacturers National Bank of Troy...The First National Bank of Silver CreekThe National Bank and Trust Company of
Port Jervis..The National Union Bank of KinderhookThe First National Bank of Central Square.-.
3 $100,000.003 50,000.003 49,000.003 25,000. 00
3 135,000.003 75,000.00
3 625,000. 003 40,000.00
25,000.00
50,000,000.00
200,000.00
100,000.00' i 50,000.00
2 3 50,000.00500,000.00
/46, 222,160. 00\3 3,777,840. 00/ i 50, 000. 00
5 50,000.00f / i 248, 200.00U i s 1,800.00I2 3 275, 000. 00
500,000.00/ 48,950. 00
a i, 050. 00
200,000. 00f i 40,000.00\ 2 3 io, 000. 00
200, 000.0047,400. 003 2, 600. 0099,625.00
3 375. 0050,000.00
300,000. 003 25,000.00
47, 200. 003 300.00
14,800.003 35, 200. 00
79,160.003 20,840.00
21,220.003 3,780.00
500,000.0015,000. 0020,000. 00
June 8June 9June 14
June 15June 19
...do
3 50,000 00i 80,000.00
2 3 45,000.001,000,000. 00
50,000. 00123, 650. 003 1,350.0050,000. 0068,520. 00
3 6, 480.00
$25. 00100.0010.0010.00100. 007.50
25.0010.0010.00
20.00
25.00
50.0050.0050.0080.00
20.005.0050.0020.0020.00
50.00} 50. 00
25.0025.00100.00
25.00> 25. 00
> 12.50100. 00
12.50100. 00
> 50. 00
> 50.00
\ 40. 00
> 70. 00100. 0030.0050.00
10.0025.0050.0025.008.00
\ 90. 0050.00
\ 10.00
$75.00300. 0020.0060.00200.007.50
100.0040.0010.00
20.00
25.00
50.0050.0050.0080. 0020.005.0050.0020. 0020. 00
50.0050.00
25. 0025.00100.00
25.0025. 00
12.50100.00
12.50100. 00
50.00
50.00
40.00
70.00100. 0030.0050.00
10.0025. 0050.0025.008.0090.0050.0010. 00
Footnotes at end of table,Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
EEPO&T OF THE COMPTROLLER OP THE CURRENCY 221TABLE NO. 17.—National banks for which increase of capital has been authorized,
under act Mar. 9, 1933, as amended, by the issuance of preferred stock which waspurchased by the Reconstruction Finance Corporation unless otherwise noted,together with the amount of increase and the rate of dividend, etc., to close of busi-ness Oct. 31, 1934—Continued
Char-terno.
Title DatePreferredincreasecapital
Parvalue
ofshares
Sold atper
share
Percentof divi-dendto bepaid
on thepar
value
1312413310
13229
12551
12586
1122
12982378
5299
2376
9305
1094813336
3186
8531134726573681
6198
12449
13006
13105
1178
2471
2755
10923
13143
5936
1047713246
292
1335
2651
4962
9434
11785
14168893951611657
NEW YORK—continued
The Williston National Bank of Williston Park.The Harbor National Bank of Port Washing-
tonThe National Bank of WyomingThe First National Bank of Cutchogue
1934June 19
.do..
The First National Bank of Cairo _..
The Canajoharie National Bank, Canajoharie.The National Bank of Schuylerville—The Nyack National Bank and Trust Com-
pany, Nyack -.The First National Bank of Holland Patent..
The Exchange National Bank of Olean/City National Bank and Trust Company of
GloversvilleThe Croghan National Bank, CroghanThe Fort Greene National Bank in New York.
The Homer National Bank, Homer
[The St. Lawrence County National Bank of\ CantonThe National Bank of CohoesThe Watertown National Bank, Watertown..The First National Bank of Edmeston
fStaten Island National Bank & Trust Com-\ pany of New York/The First National Bank & Trust Companyk of Floral ParkThe Stewart National Bank of Livonia
College Point National Bank of New York/Citizens National Bank and Trust Company\ of Fulton/The Peoples-First National Bank of Hoosick1 FallsThe Union National Bank of Franklinville
/The First National Bank and Trust Company\ of WaldenThe First National Bank of Glen CoveThe First National Bank and Trust Company
of NorthportThe First National Bank of Sparkill.._The First National Bank of Bolivar
/The First National Bank and Trust Company. of Baldwinsville
The Farmers National Bank of Amsterdam...
The First National Bank of Richfield Springs.
The Schenevus National Bank, Schenevus—
The Farmers National Bank of Deposit
The First National Bank of New Hartford....
Genesee River National Bank of Mt. Morris..The First National Bank of ChateaugayThe Unadilla National Bank, UnadillaThe Hartwick National Bank, Hartwick
June 20June 22
June 23
June 25
...do
.do....do-
June 26
}-dodo.
—do
June 27
}._doJune 28
...do_._do
Jjune 29
__do
—do.—.
—do
[June 30
do_do_.
.do..-do-
July 5__do...do.... .July 6
__do
__do
-do- . . . .
—do
__do
July 7- d o- d o- d o
$25,000.00
25,000.0025,000.00
/ 2,880.003 7,120.0024, 650.00
3 350.0085, 275. 00
\ 3 H4,725.0040,000.00
450,000.0028,000.00
3 12,000.00496, 605.003 3, 395.00
173,230.003 76, 770.00
50,000.00150,000.00170,000.00
1 3 5,000.003 25,000.00
48,000.003 2,000.00
200,000.00200,000.003 50,000.00249,000.003 1,000.0098,800.003 1, 200.00
i 75,000.00\ 2375,000.00/ 98, 350.00I 3 i, 650.00
125,000.00
268,325.003 31, 675.00
35,000.00
50,000.00
49, 375.003 625.00
50,000.0040,000.0050,000.00
i 50,000.003 25,000.00
/ 100,000.00{2 3100,000.00c i 100,000.002 3 25,000.00
34, 720.00I 3 280.00/ i 50,000.00I 2 3 15,000.00
47,360.003 2, 640.00100,000.003 20,000.0050,000.0060,000.0025.000.00
$50.00
50.0025.00
[ 80.00
t 50.00
> 25.00
100.00
100.00
> 12.50
> 35.00
• 18.0025.0040.00
• 50.00
50.00
100.00
100.0040.0080.00
50.00
75.009.00
50.00
50.00
12.50
25.0050.00
50.0025.00
50.0080.0040.0012.5025.0030.0030.0080.00
100.00
35.0050.00
100.0080.005.005.0066%
100.0080.00
$50.00
50.0025.00
80.00
50.00
25.00100.00
100.0012.50
35.00
18.0025.0040.0050.00
50.00
100.00
100.0040.0080.0050.00
75.009.00
50.00
50.00
12.50
25.0050.00
50.0025.00
50.0080.0040.0012.5025.0030.0030.0080.00100.00
35.0050.00
100.0080.005.005.0066%
100.0080.00
Footnotes at end of table.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
222 REPORT OF THE COMPTROLLER OF THE
TABLE N O . 17.—National banks for which increase of capital has been authorized,under act Mar. 9, 1933, as amended, by the issuance of preferred stock which waspurchased by the Reconstruction Finance Corporation unless otherwise noted,together with the amount of increase and the rate of dividend, etc., to close of busi-ness Oct. 31, 1934—Continued
Char-terno.
Title DatePreferredincreasecapital
Parvalueof
shares
$10.005.005.00
} 50.0050.0070.0012.5010.0050.0020.0020.00100. 00100.0010.0010.0020.0050.0050.0040.00100.00125.0040.0050.0040.00100.00100. 0040.0040.00
} 35. 00100. 00100.00125.0030.0040.00
}l00. 0040.0070.0050.00100. 00} 50.00
} 20. 0020.0020.0020.0025.00
15.00100. 00125.0050.00100. 0040.0040.0040.0050.00
} 75.0080.00
Sold atpershare
$10.005.005.0050.0050.0070.0012.5010.0050.0020.0020.00100. 00100. 0010.0010.0020.0050.0050.0040.00100.00125. 0040.0050.0040.00100. 00100.0040.0040. 0035. 00100. 00100.00125.0030. 0040.00100.0040.0070. 0050.00100.0050. 00
20.0020.0020.0020.0025.00
15.00100.00125.0050.00100. 0040.0040.0040.0050.0075.0080.00
Percentof divi-dendto bepaid
on thepar
value
1226
12535
NEW YORK—continued
The Mohawk National Bank of Schenectady..The Pittsford National Bank, Pittsford
("The Bensonhurst National Bank of BrooklynI in New YorkThe National Bank of HobartThe National Bank of FredoniaThe Hamlin National Bank of HolcombThe National Mohawk River Bank of Fonda.
/The Roslyn National Bank & Trust Com-\ pany, RoslynThe First National Exchange Bank of Clayton-Glen National Bank of WatkinsThe Central National Bank of New Rochelle..
/The Franklin Square National Bank, Frank-\ lin Square..T h ~ •he Putnam County National Bank of CarmelThe Delaware National Bank of DelhiThe Lake Shore National Bank of Dunkirk...
/The Peoples National Bank and Trust Com-pany of Lynbrook
The First National Bank of SherrillThe National Bank of Auburn
/The Canandaigua National Bank and TrustCompany, Canandaigua
The Endicott National Bank, Endicott
44979019
10046
1212
13326
51089977
12548
12997
976
1323
2916
11603
12884
1345
3817
13004
7679109643696
8920
8834
3166
9219
7774
1312126025360
101855178
2661
2233
2543
282713314
Footnotes at end of table.
1934July 9
—do.—.
fJuly 10July 11...doJuly 16July 17
•--doJuly 19July 20July 24
July 26July 27
...do— d o —}-do
...doJuly 31k.do
...do
The First National Bank of Whitney Point..-The First National Bank of Old ForgeThe First National Bank of CantonThe Citizens National Bank and Trust Com-
L pany of OneontaThe First National Bank of Marlboro
The National Bank of WestfieldThe Peoples National Bank of Brooklyn in
New York
Aug. 2..doAug. 3
-_do
Aug. 4
Aug. 10
• - d o —
The Otselic Valley National Bank of South. Otselic
The Mahopac National Bank, MahopacThe National Bank of StamfordNational Bank and Trust Company of Skane-The First National Bank of SouthamptonThe First National Bank of Addison
JAug. 13
Aug. 16Aug. 20
_do_.
The Millerton National Bank, Millerton
The Merchants National Bank of Whitehall. _
The First National Bank of BainbridgeSecond National Bank and Trust Company of. CortlandNanuet National Bank, Nanuet.
Aug. 21Aug. 25
Aug. 28
Aug. 29
Aug. 30
Aug. 31
. . d o . . . . .
$300,000.00i 25,000.00
2 3 25,000.0084,000.00
3 16,000.0025,000.0050,000.00
i 50,000.002 3 10,000.00
100,000.00i 50,000.00
a 3 10,000.00100,000. 003 50,000.00
1 150,000.002 3 100,000.00
i 50,000.002 3 50,000.00
50,000.001 100,000.00
2 3 40,000.00175,000. 00
i 75,000.002 3 75,000.00
i 25,000.00I 2 3 25,000.00
300,000.00i 150,000.003 150,000. 00
48,460. 003 1, 540.00
1 20,000.002 3 5,000.00
50,000.001 120,000.00
I 2 3 40,000.0059, 500.00
3 40, 500.00i 50,000. 003 35,000.00125,000.00
3 75,000.00261, 200.003 38,800.00i 29, 900.00
i 3 100. 002 3 10,000.00
1 25,000.002 3 35,000.00
50, 000. 00
75, 000. 00100,000.0035,000.00
1 50,000.002 3 50,000.00
i 65,000.002 3 25,000.00
i 50,000.002 3 37, 500.00
102,000. 003 48,000. 00
20,000.00
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
EEPOET OP THE COMPTROLLER OF THE CURRENCY 223
TABLE N O . 17.—National banks for which increase of capital has been authorized,under act. Mar. 9, 1933, as amended, by the issuance of preferred stock which waspurchased by the Reconstruction Finance Corporation unless otherwise noted,together with the amount of increase and the rate of dividend, etc., to close of busi-ness Oct. 31, 1934—Continued
Charterno.
2151
8334
4870
10258
3193
4230
5210
10546
11583
5746
5867
8613
6694
10029
10444
13563
5336
353
12017
10295
11912
11511
13104
1392
2272
1019
13130
13242
12460
13404
Title DatePreferredincreasecapital
Parvalue
ofshares
|$125.00
} 33H100.00
} 87.5010.0010.00
} 50.00
}l25.0030.00
100.00100.00
} 20.0030.0025.0020.0035.0080.0080.0050.0040.0075.0075.00
] 80.00100.0050.00
} 25.00
} 20.00100.00
} 80.0090.0048.0030.0030.00
} 40.0040.00
| 62.50100.0050.0050.00
} 25. 00
}l25. 00
}l00. 00
40.0080.00
10.0030.0050.0080.00
Sold at
share
$125.00
33 H100.0087.5010.0010.0050.00
125.0030.00
100.00100.0020.0030.0025.0020.0035.0080.0080.0050.0040.0075.0075.0080.00
100.0050.0025.00
20.00100.0080.0090.0048.0030.0030.0040.0040.0062.50
100.0050.0050.0025.00
125. 00
100. 00
40.0080.00
10.0030.0050.0080.00
Percentof divi-dendto bepaid
on thepar
value
NEW YORK—continuedThe Wilber National Bank of Oneonta..
The Tottenville National Bank, Tottenville.
1934Sept. 1
. -do .—.
The First National Bank of Morris
The Silver Creek National Bank, Silver Creek_
The First National Bank of Marathon/The Suffolk County National Bank of River-l headThe Milford National Bank, MilfordThe First National Bank of Marion
The Evans National Bank of Angola..
Sept. 4
Sept. 5
Sept. 11
-_do
The First National Bank of Tully
The Gainesville National Bank, Gainesville—_The First National Bank of HancockIlion National Bank and Trust Company, Ilion
(The First National Bank and Trust Com-1 pany of Massena(The First National Bank and Trust CompanyI of Bay ShoreThe First National Bank of ForestvilleFirst National Bank in Sidney
The First National Bank of HighlandThe First National Bank of CandorThe First National Bank of Hamden
Sept. 13
Sept. 17
.-do—-
__do
Sept. 18
•Sept. 19
__do
The Hayes National Bank of Clinton
The Citizens National Bank of Lancaster
The First National Bank of Middleburgh
The First National Bank of Glens FallsThe Tinker National Bank of East Setauket..
(The West Hempstead National Bank, West1 Hempstead(The Oneida National Bank and Trust Com-l panyofUticaThe National Bank of Cortland
Sept. 22
Sept. 24
Sept. 27
Sept. 28
Oct. 1
Oct. 2
Oct. 3
Oct. 8
—do
The First National Bank of Owego
The National Bank of Lake Ronkonkoma..The Sherburne National Bank, Sherburne
/United National Bank of Long Island in NewI YorkThe First National Bank of Inwood—The Central National Bank of Mineola
}._doOct. 10
Oct. 12
Oct. 13
..do—..Oct. 16
__do
Oct. 18
...do.....
/ $190,000.003 io, 000.00
/i 149, 300.00\ 13 700.002 3 25,000.00
33, 687. 503 1, 312. 50i 75,000. 00
2 3 25,000. 0021, 750. 003 3, 250.0050,000. 00
3 75,000. 00i 25,000.00
\ 2 3 40,000.0060,000. 00
/ i 24, 800.00t 13 200.002 3 15,000.001 40,000.002 3 5,000. 00i 35,000.00
2 3 20,000.0050, 000. 00
1 150,000.00\ 2 3 15,000.00/ i 100,000.00
" 30,000.0049,440.00i 3 560. 00
2 3 25,000. 0020,000. 0074,500. 003 500.00
29, 000. 003 46,000. 00310,000.0023,000.003 2,000.00i 90,000.00
2 312,000.001 100,000.002 3 20,000. 00/ i 49,000.0011 3 1,000.002 3 30,000.00575,000. 003 50,000.003 15,000.00i 35,000.00
2 3 10,000.00198,375.003 1,625. 0084,625. 00
3 15,375. 0045,000. 003 5,000.00i 20,000.00
\ 2 3 20,000.0050, 000.00
50,000.00i 75,000 00
\ 2 3 50,000.0025,000.00
14
24
4
14254
14244
14251424i 4264
1426142414
254
4
5
41 4251 424
14
25
4
41 426
414
4142 44
Footnotes at end of table.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
224 BEPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 17.—National banks for which increase of capital has been authorized,under act Mar. 9, 1983, as amended, by the issuance of preferred stock which waspurchased by the Reconstruction Finance Corporation unless otherwise noted,together with the amount of increase and the rate of dividend, etc., to close of busi-ness Oct. 31, 1984—Continued
Char-terno.
Title DatePreferredincreasecapital
Parvalue
ofshares
Sold atper
share
Percentof divi-dendto bepaid
on thepar
value
1887
8833
12746
12992
1265
10525
7699
10358
4482129007255
4628
2981677613657
122595055
13636953111229
2377
25853400455213385
642930962580
113781202613398
117127905
NEW YORK—continued
The First National Bank of Olean
The First National Bank of Lindenhurst
The Chappaqua National Bank, Chappaqua
The First National Bank of Ardsley
The National Bank of Watervliet
f The First National Bank & Trust Company of\ Tuckahoe...Glens Falls National Bank and Trust Com-
pany, Glens FallsThe Babylon National Bank & Trust Com-
pany, Babylon[The Merchants and Farmers' National Bank\ of DansvilleThe National Bronx Bank of New YorkThe Washington County National Bank of
Granville
1934Oct. 19
. . . d o — -
Oct. 20
. . .do . . . . .
Oct. 23
..do—
•Oct. 24
. . . d o — - .
-Oct. 29
. . . d o
Oct. 31
1 $300,000.002 3 100,000.00
i 75,000. 002 3 25,000. 00
i 17, 500.002 3 17, 500. 00
i 25,000. 002 3 10, 000. 001 150,000.00
2 3 40, 000.00f i 198,460. 00t i 3 1, 540. 002 3100, 000.00
350,000. 003 50, 000. 00
50, 000. 001 150, 000. 002 3 15.000. 00
400,000.00
150, 000.00
$100. 00100. 0037.5050.009.00
12.5050.0050.0050.0050.00
• 4.00
5.00
•100.00
100. 0060.00
100. 0019.00
75.00
$100.00100.0037.5050.009.00
12.5050.0050.0050.0050.00
4.00
5.00
100. 00
100. 0060.00
100. 0019.00
75.00
Total (183 banks)
NORTH CAROLINA
The First & Citizens National Bank of Elizabeth City
The First National Bank of SalisburyThe First National Bank of ShelbyThe Depositors National Bank of Durham
The First National Bank of LeaksvilleThe Charlotte National Bank, Charlotte..The Citizens National Bank of Durham __First National Bank in HendersonThe First National Bank of Mooresville.-First National Bank of Reidsville
Total (10 banks)
NORTH DAKOTA
The First National Bank and Trust Companyof Fargo
The First National Bank of Mandan __First National Bank of HillsboroThe Citizens National Bank of WahpetonThe American National Bank and Trust
Company of Valley CityFirst National Bank in Minot _.The Graf ton National Bank, Graf tonThe James River National Bank and Trust
Company of JamestownThe First National Bank of Napoleon .The Dakota National Bank of FargoThe Dakota National Bank & Trust Company
of Bismarck..The First National Bank of WiltonThe Farmers and Merchants National Bank of
Hatton.—The First National Bank of Thompson11599
Footnotes at end of table.
1933
Apr. 1June 14June 26Dec. 30
1934June 18June 29Aug. 27..doSept. 7Sept. 13
1934
Mar. 13_.do
Mar. 15
Mar. 19Mar. 26
Mar. 27May 1
...do
May 8May 29
June 30...do
122,752,500.00
3 115,000.003 25,000.00250,000.00200,000.00
10,000.00250,000.00i 40,000.00
2 3 10,000.0050,000.0050,000.0050,000.00
100.0010.00
100.0010.00
50.0050.0075.00
100. 0050.0075.0050.00
100.0015.00100.0010.00
50.0050.0075.00100.0050.0075.0050.00
1,050,000.00
600,000.00200,000.00100,000.0050,000.00
50,000.00200,000.0050,000.00
150,000.0020,000.00150,000.00
25,000.0010,000.00
15,000.0015,000. 00
100.00100.00100.00100.00
100.00100.00100.00
100.00100.0080.00
100.0080.00
100.0075.00
100.00100.00100.00100.00
100.00100.00100.00
100.00100.0080.00
100.0080.00
100.0075.00
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
EEPORT OP THE COMPTROLLER OP THE CURRENCY 225
TABLE N O . 17.—National banks for which increase of capital has been authorized,under act Mar. 9, 1933, as amended, by the issuance of preferred stock which waspurchased by the Reconstruction Finance Corporation unless otherwise noted,together with the amount of increase and the rate of dividend, etc., to close of Iness Oct. 31, 1934—Continued
Char-terno.
1287563989590133241334424348976
4197153234786
484210373829
5690
76397744582836562492036
35057596
9518
36
43183721542711275331510692
2500
7745973921170012160
12347198935653507235115732479
Title
NORTH DAKOTA—continued
The National Bank in WahpetonThe First National Bank of Ellendale..The First National Bank of LintonFirst National Bank of Valley CityThe National Bank of JamestownThe First National Bank of Bismarck..The First National Bank of Bowman..
Total (21 banks) -
The First National Bank of GalionThe First National Bank of Batavia...The Milford National Bank, Milford—The National City Bank of Cleveland.
The Old Phoenix National Bank of Medina-.The Central National Bank of London
Date
1934June 30July 11July 25Aug. 27Aug. 30Sept. 6
The Second National Bank of HamiltonThe First National Bank and Trust Company
,. of HamiltonThe First National Bank of Upper Sandusky.The First National Bank of BaltimoreThe Athens National Bank, AthensThe First National Bank of Wadsworth....The First National Bank of WilmingtonThe First National Bank of BurtonThe Vinton County National Bank of
McArthurThe Kenton National Bank, KentonThe First National Bank of UticaThe Farmers National Bank of Seven Mile...
f The First National Bank and Trust Company\ of FindlayCentral United National Bank of Cleveland-Alliance First National Bank, AllianceThe City National Bank of TiffinThe Citizens National Bank of NorwalkThe Tiffin National Bank, TiffinThe Brown County National Bank of Mt.
OrabThe First Commercial National Bank of
Kenton
1933May 17May 18May 22July 21
1934Jan. 4Feb. 19Mar. 6
[Mar. 9Mar. 12Mar. 13Mar. 14Mar. 17Mar. 31Apr. 10
May 11May 18May 24
May 29
j-June 13
...doJune 22June 23
...doJune 25June 29
The Huntington National Bank of ColumbusThe Farmers National Bank of SalemThe First National Bank of New ParisThe First National Bank of Greenwich
{The National Exchange Bank and Trust\ Company of SteubenvilleThe First National Bank of Rocky RiverThe Quaker City National Bank, Quaker City.The First National Bank of WellstonThe Second National Bank of RavennaThe First National Bank of AmesvilleThe Citizens National Bank of Bluffton.—The Second National Bank of Warren
July 3July 7July 10...doJuly 17[July 20July 23July 30Aug. 16Aug. 20...do—..Aug. 25Aug. 27
Preferredincreasecapital
1 $25,000.002 3 20,000.00
25,000.0010,000.0050,000.0050,000.00
100,000.0025,000. 00
1,940,000.00
3 50,000.003 30,000.003 30,000.00
4,000,000.00
100,000.0050,000.00
f 1300,000.00{2 3 120,000. 00/ 1500,000.00\ 2 3 100,000.00
52,500. 0025,000. 00
100,000.0025,000.0050,000.0025,000.00
3 25,000.0025,000.0025,000.00
115,000.002 3 10,000.00
199,000.003 11,000.00
/ 7,929,008.003 70,992.00300,000.0050,000.00
i 150,000.003 50,000.00150,000.00
3 25,000.00
50,000.00/ 1,456,400.00
3 43, 600.0075,000.0010,000.0010,000.00
299,300.003 700.00
97,840.003 2,160.0050,000.0050,000.00
100,000.00/ 115,000.001 2 3 5,000.00
30,000.00480,000.003 20,000.00
Parvalue
ofshares
$25.0050.00
100.00100.0025.0025.00
100. 00100. 00
100.00100.00100.0030.00
100.0050.0050.0040.0040.0040.0050.0050.0080.0040.00125. 00100.00
100.0062.50100.0050.00100.00> 20.00
> 16.00100. 0062.5030.00100.0060.00
100.00
40.00400.00120.0062.50100.00> 50.00
> 80.0080.0062.5062.5060.00100.0075.00
Sold atpershare
$25.0050.00100.00100.0025.0025.00100.00100. 00
100. 00125.00100.0030.00
100.0050.0050.0040.0040.0040.0050.0050.0080.0040.00125.00100.00
100.0062.50100.0050.00100.0020.00
16.00100.0062.5030.00100.0060.00
100.00
40.00100. 00120.0062.50100.0050.00
80.0080.0062.5062.5060.00100.0075.00
33H
Percentof divi-dendto bepaid
on thepar
value
Footnotes at end of table.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
226 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 17.—National banks for which increase of capital has been authorized,under act Mar. 9, 1933, as amended, by the issuance of preferred stock which waspurchased by the Reconstruction Finance Corporation unless otherwise noted,together with the amount of increase and the rate of dividend, etc., to close of busi-ness Oct. 31, 1934—Continued
Char'terno.
Title DatePreferredincreasecapital
Parvalue
ofshares
Sold at
share
Percentof divi-dendto bepaid
on thepar
value
120082604
5828
11831
5634
2034
5100
1788
6524842
6322
8228911
13198
2350
2678
12591121555206110521209363061208110209
4385
723812074121584862
1348012302
12157
7892
5911988810020
120161105252525171
10566
OHIO—continued
The Community National Bank of Flushing-.The Winters National Bank and Trust Com-
pany of DaytonThe First National Bank of Wadsworth
• The National City Bank and Trust Company\ of MarionThe Citizens National Bank of ChillicotheThe First National Bank of Garrettsville .The Franklin National Bank, Franklin
/The Merchants National Bank and TrustCompany of Dayton
The Kent National Bank, KentThe Old Phoenix National Bank of Medina-..The First National Bank of NorwoodThe First National Bank of HarrisonThe First National Bank of BarnesvilleThe National Bank of Adams County of
West UnionThe Mahoning National Bank of Youngstown-
(The Third National Bank and Trust Com-1 pany of Dayton
1934Sept. 1
Sept.Sept.
Sept.Sept.Oct.__do.
Oct. 2Oct.Oct.
Oct. 12Oct.Oct.
...do.Oct.
}0ct.
Fotal (54 banks).
The Liberty National Bank of Oklahoma City.
The First National Bank in AdaAltus National Bank, AltusThe First National Bank of StillwaterThe First National Bank of TiptonThe Farmers National Bank of Elk CityThe First National Bank of StroudThe Helena National Bank, HelenaThe Farmers and Merchants National Bank of
Hennessey.The First National Bank and Trust Company
of Muskogee.The Liberty National Bank of Weatherford__.The State National Bank of WeleetkaThe Central National Bank of PoteauThe First National Bank and Trust Com-
pany of Oklahoma City.The Fourth National Bank of TulsaCordell National Bank, CordellCity National Bank in Norman
/The Pauls Valley National Bank, Pauls\ Valley.The First National Bank of Cleveland ..The First National Bank of HeavenerThe First National Bank of Geary
/The Fidelity National Bank of OklahomaI City.The First National Bank of TiptonThe First National Bank of MiamiThe First National Bank and Trust Com-
pany of Tulsa.The First National Bank of Hooker.__
$15,000.00
900,000.0025,000.00
U00,000.002 3 50,000.00
3 50,000.0018,000.00
3 7,000.0050,000.00
1250,000.002 3 50,000.00
100,000:0050,000.00
1150,000.002 3 50,000.00
25,000.0075,000.00
10,000.00482,450.003 17, 550.00399,200.00
3 800.00
$75.00
60.0040.0040.00100.00100.00
> 62.5050.0050.00
100.00100.0075.008.00
10.0033H
125.00
100.00- 50.00
} 16.00
$75.00
60.0040.0040.00
100.00100.0062.5050.0050.00
100.00100.0075.008.00
10.003 3 ^
125.00
100.0050.00
16.00
20, 262,500.00-
1933Aug. 18
1934Jan. 15Jan. 31Feb. 5Feb. 6Feb. 8Feb. 13Mar. 20Mar. 21
Apr. 13
Apr. 21May 1May 18June 11
June 14June 30July 3
[July 12July 18July 19Aug. 21[Aug. 22Aug. 24Sept. 10Sept. 25
Oct. 9
Total (26 banks)
1600,000.00. 2 3 500,000.00
50,000. 0050,000. 0050,000. 0012, 500. 0025,000.0012, 500. 0012, 500. 0012, 500 00
200,000.00
25,000. 0015,000. 0012,500. 00
2, 500, 000. 00
200,000.0020,000. 00
1 35, 000. 002 3 12, 500.001 25,000. 00
2 3 20,000. 0025,000. 0010,000. 0012, 500. 00
1 250,000.002 3 50,000.00
12,500.00150,000.00
1, 250,000. 00
15,000.00
100.00100.00
50.0050.0050.0025.0050.0050.0050.0050.00
100.00
100. 0050.0050.0010.00
20.0032.0025.0025.0025.0050.00100.0072.0062.5040.0050.0025.00125. 0020.00
75.00
100.00100. 00
50.0050. 0050. 0025. 0050. 0050. 0050. 0050. 00
100. 00
100. 0050. 0050. 0010.00
20.0032.0025.0025.0025.0050.00
100.0072.0062.5040.0050.0025.00125.0020.00
75.00
6,165,000.00
Footnotes at end of table.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OP THE CURRENCY 227
TABLE N O . 17.—National banks for which increase of capital has been authorized,under act. Mar. 9, 1933, as amended, by the issuance of preferred stock which waspurchased by the Reconstruction Finance Corporation unless otherwise noted,together with the amount of increase and the rate of dividend, etc., to close of busi-ness Oct. 31, 1934—Continued
Char-terno.
Title DatePreferredincreasecapital
Parvalue
ofshares
Sold atper
share
Percentof divi-dendto bepaid
on thepar
valus
43019423
11801
7167111218955
103457475
803685568554
7272
10071
99173399
44816741519653513808520
9600311
13197664
1293412063
175131603829
r 314416887
9706
' 502516483flO53t'491311834122612581578458189511
6453
77
108399026
5968
2136501
First National Bank of CorvallisThe Douglas National Bank of RoseburgThe American National Bank of Klamath
Falls.The First National Bank of Klamath Falls....The Commercial National Bank of Lakeview.The Roseburg National Bank, RoseburgThe United States National Bank of Eugene..The First National Bank of Coos Bay at
Marshfield.The First National Bank of Forest GroveThe First National Bank of Oregon C ;tyThe Forest Grove National Bank, Forest
Grove.The First National Bank of Hood River
1934Mar. 28Apr. 5...do
The First National Bank of MonmouthThe Commercial National Bank of Hillsboro_The First National Bank of McMinnville
Apr. 24May 15May 28June 26July 13
July 18Aug. 18Aug. 30
Sept. 5
Sept. 7Sept. 17Oct. 15
Total (15 banks).
PENNSYLVANIA
The Second National Bank of Connellsville---The First National Bank of GarrettThe First National Bank of MilfordThe Peoples National Bank of TarentumThe Mountville National Bank, Mountville.The First National Bank of WarrenThe First National Bank of JessupThe First National Bank of GettysburgThe Union National Bank of Jersey Shore. __The First National Bank of CarbondaleThe Union National Bank of CarnegieThe First National Bank of WindsorThe First National Bank of WilliamsportThe Glen Lyon National Bank, Glen Lyon._The First National Bank of Homestead
The City National Bank of SusquehannaThe First National Bank of CoalportThe Central National Bank and Trust Com-
pany of York _.The First National Bank of KaneThe First National Bank of Slippery Rock....The First National Bank of SusquehannaThe First National Bank of New Kensington.The First National Bank of VolantThe Peoples National Bank of State College _.The Peoples National Bank of NorristownThe First National Bank of CarmichaelsThe First National Bank of BarnesboroThe Farmers National Bank & Trust Com-
pany of MillheimThe First National Bank of EtnaThe First National Bank of Scranton
1933Apr. 13Apr. 17Apr. 18Apr. 22Apr. 29May 5May 29June 8July 5July 25July 31Sept. 20Oct. 3Oct. 30Dec. 29
1934Jan. 5Jan. 9
Jan. 17Jan. 31Feb. 3Feb. 24Feb. 27
do.
The Ambridge National Bank, AmbridgeThe Brownstown National Bank, Browns-
townThe First National Bank of Monongahela
City-The Second National Bank of Philadelphia—The First National Bank of Osceola, Osceola
Mills -
Mar. 3Mar. 8Mar. 9...do
Mar. 13Mar. 19Mar. 21Mar. 22
Mar. 24
Mar. 31Apr. 5.._do
$85,000. 0050, 000.0062, 500. 00
100,000.0050,000.0025,000.00
100,000.0050, 000.00
25,000. 0025,000.0035,000.00
i 50, 000.002 3 25,000. 00
i 20,000. 002 3 10,000. 00
37, 500.0025,000. 00
$100.00100.00100. 00
100.00100.00100.0031.2525.00
100. 0050.00
100. 00
100. 00100.0050.0050.0025.00100.00
$100.00100.00100.00
100. 00100.00100.0031.2525.00
100.0050.00100.00
100. 00100.0050.0050.0025.00100.00
775,000. 00
3 150,000. 003 75,000.003 75,000.003 25, 000. 003 200, 000. 003 100,000. 003 50,000. 003 25,000. 003 50,000. 003 300, 000. 00
50,000. 003 25,000. 00200,000.003 50,000. 003 150, 000. 00
3 40, 000. 003 25, 000. 00
250, 000. 003 75, 000.0050,000.00
3 100,000. 00125,000.0025,000. 0075,000. 00300,000. 0025,000. 0075, 000. 00
50,000.00100,000.00
/ 1,476,950.00\ 3 23,050.00
50,000. 00
25,000.00
100,000.00750,000.0050,000.00
100.00100.0010.00
100.0025.00100. 00100.0025.0050.0010.0050.00100.0010.0050.00100.00
100. 00100. 00
5.0060.0050.00100.0062.5050.0050.00150. 0050.0050.00
20.00100. 00- 25.0020.00
100.00
100.0010.0035.00
100.00100.0020.00100. 0025.00100.00100.00100. 0050.0020.0050.00120.0010.00100. 00100. 00
100.00100. 00
5.0060.0050.00100. 0062.5050.0050.00150.0050.0050.00
20.00100.0025.0020.00
100.00
100.0010.0035.00
555
55544
444
14241425
54
Footnotes at end of table.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
228 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 17.—National banks for which increase of capital has been authorized,under act Mar. 9, 1933, as amended, by the issuance of preferred stock which waspurchased by the Reconstruction Finance Corporation unless otherwise noted,together with the amount of increase and the rate of dividend, etc., to close of busi-ness Oct. 31, 1934—Continued
Char-terno.
Title DatePreferredincreasecapital
Parvalue
ofshares
Sold at>ertare
Percentof divi-dendto bepaid
on thepar
value
37663480
247
55748450282811512622061746531
9202793111505
970212967
7181
544
46987356136186465
1676
2334
473095088493
930712098250510811230844224513
8421
94611318013205
13003
735374489128
12563
11981
12192
13032
683
7139
10666
PENNSYLVANIA—continued
The Bryn Mawr National Bank, Bryn Mawr.The Citizens National Bank of MuncyThe First National Bank of AltoonaThe First National Bank of AshleyThe First National Bank of MontgomeryThe First National Bank of Lilly _.The Braddock National Bank, BraddockThe Dauphin National Bank, DauphinThe First National Bank of EverettThe Carnegie National Bank, CarnegieCitizens National Bank and Trust Company
of LehightonThe First National Bank of RiegelsvilleThe Danielsville National Bank, Danielsville-.The Marcus Hook National Bank, Marcus
Hook _._.The First National Bank of Lawrenceville...The Dale National Bank, Dale .
1934Apr. 12Apr. 16Apr. 17Apr. 25May 3May 4May 8.-.doMay 18May 23
May 24May 25June 4
JuneJune
The First National Bank of Spangler/The Kensington National Bank of Phila-
delphiaThe First National Bank of IrwinThe First National Bank of BellwoodFirst National Bank in MansfieldThe Merchants National Bank of QuakertownThe First National Bank and Trust Company
of DallastownThe First National Bank of Honeybrook
The Farmers National Bank of PennsburgThe First National Bank of DuquesneThe First National Bank of RalstonThe First National Bank of Mount Holly
Springs _ _.The Farmers National Bank of ClaysvilleThe Moxham National Bank of Johnstown...The First National Bank of CantonThe Path Valley National Bank of Dry Run...The First National Bank of LehightonThe First National Bank of Girardville _.The Merchants National Bank of BangorThe Blue Ball National Bank, Blue BallThe Maytown National Bank, May townCity National Bank of PhiladelphiaThe Beech Creek National Bank, Beech
Creek _/The Tioga National Bank and Trust Com-\ pany of Philadelphia _.The First National Bank of MarysvilleThe Catawissa National Bank, CatawissaFirst National Bank of Castle ShannonThe First National Bank of Nuremberg
The Valley National Bank of NumidiaThe First National Bank of Centre Hall,
Center Hall_._The Erie National Bank of Philadelphia
/The Lancaster County National Bank, Lan-\ caster _ _.
June 9
June 13—do. . . .June 14June 15June 16
June 18June 19
.. .do--. .June 27
June 28do
...doJune 29—do. . . .June 30—do...do
..do..- d o . . . .. .do.. . .
.do.....}july 2July 3..do.do-..do-
July 5
_do-,-do-
The Emaus National Bank, EmausThe First National Bank of Schellsburg
}july
...do..—do..
$100,000.0050,000.00
f i 225,000. 00\ 2 3 80,000.00
75,000. 0025,000.0025,000. 00
3 500, 000. 0010,000. 0050,000. 00
150,000.00
75,000.0025,000. 0025,000. 00
50,000. 0025,000.0025,000. 0020,000. 003 5,000. 00
/ 1 500,000. 00\ 2 3 300,000. 00
125,000.0035,000.0050,000. 0070,000.00
75,000. 0044,400. 003 5, 600. 0073,400.003 1,600.00
3 400,000. 003 25, 000. 00
15, 000. 0025,000. 00
100,000. 0050,000. 0025,000. 00
100,000. 0075,000.00
150,000.0096,800.003 3,200.0025,000.00
500,000.00
25,000.00124,104.00
3 896.0025,000.0025,000.0025,000.00
i 15,000.002 3 10,000.00
21,000.00s 4,000.00
20,000.00200,000.00379,812. 503 20,187. 50
1 100,000.002 3 25,000.00
15,000.00
100.005.00
100. 00100.00
6.25125. 0050.00
100.0068.00
100.0075.00
20.0050.00
100.00
100.00100.0025.00
• 25. 00
37.5020.007.00
75.0040.00
125.00
50. 00
10.00100. 00100.00
100.0050.0025.0040.0010.006.00
125.0025.00
100.00
31.2550.00
40.00
• 8.00
100.0072.00125. 0025.0040.00
400.00
80.0040.00
• 62.50
50.0050.00100.00
100. 005.00
100 00100.00
6.25125.0050.00
100.0068.00
100.0075.00
20.0050.00
100.00
100.00100.0025.0025.0016%
37. 5020.007.00
75.0040.00
125.0050.00
10.00100.00100.00
100.0050.0025. 0040.0010.006.00
125. 0025.00
100.00
31.2550.00
40.00
8.00
100.0072.00125.0025.0040.00
100.00
80.0040.00
62. 50
50.0050.00100.00
Footnotes at end of table.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 229
TABLE N O . 17.—National banks for which increase of capital has been authorized,under apt Mar. 9, 1988, as amended, by the issuance of preferred stock which waspurchased by the Reconstruction Finance Corporation unless otherwise noted,together with the amount of increase and the rate of dividend, etc., to close of busi-ness Oct. 81, 1984—Continued
Char-terno.
Title DatePreferredincreasecapital
Parvalue
ofshares
Sold atper
share
Percentof divi-dendto bepaid
on thepar
value
12159
9312
7710
5578
112632483
10042
7856
832958336158
9139
4330
64111946
120298494
8653
9402
13133491750696162
11967
7430
11127
611
6615
667
13585
10183
986210246
5044
7363
123805034
32513177
12526
PENNSYLVANIA—continued
The Nescopeck National Bank, Nescopeck
The First National Bank of LandisvilleThe Pen Argyl National Bank, Pen Argyl
'Monroe County National Bank of EastStroudsburg
The First National Bank of AlexandriaThe Watsontown National Bank, Watson-
town
1934July 7
July 9July 10July 14__do
The First National Bank of East Smithfield..
The First National Bank of York SpringsThe Bridgeport National Bank, Bridgeport...The Citizens National Bank of Meyersdale...The First National Bank of JermynThe National Bank of Arendtsville --.
/The North Wales National Bank, North{ WalesThe First National Bank of Mount Union....Third National Bank and Trust Company of
ScrantonThe First National Bank of JeromeThe First National Bank of AvocaThe Farmers National Bank of Selinsgrove.—.
The First National Bank of Bally.The Dublin National Bank, Dublin. _The First National Bank of NewportThe Coraopolis National Bank, CoraopolisThe Berwick National Bank, BerwickThe Central City National Bank, Central
CityThe Curwensville National Bank, Curwens-
villeThe Farmers' National Bank of Liberty
The Gettysburg National Bank, Gettysburg-.
The Hoblitzell National Bank of Hyndman..The First National Bank and Trust Com-
pany of Mount JoyThe Lehigh National Bank of Catasauqua
/The National Bank of Charleroi and Trust\ Company, CharleroiThe First National Bank of Three SpringsPeoples National Bank of EdwardsvilleThe Farmers National Bank of RomeThe First National Bank of Grove CityThe Parnassus National Bank, New Ken-
sington.
July 16..do-—July 17July 18July 19July 20
—do—..
July 23July 26
July 27July 30July 31Aug. 1
Aug. 2Aug. 3Aug. 4
do....do.....
...do..-.Aug. 6Aug. 7
Aug. 8
...do.—
The Camp Hill National Bank, Camp Hill—The Second National Bank of Uniontown
Aug....do
}__do
Aug. 13
Aug. 14Aug. 21
Aug. 22
Aug. 23do.
1 $35,000.002 3 25,000.00
i 25,000.002 3 25,000.00
50,000.00148, 785.003 1, 215. 0025,000.00
3 30,000.00i 25,000.00
2 3 10,000.0024,700.00
3 300.0075,000.0050,000.0075,000.00
i 17,500.002 3 17,500.00
43,000.003 7,000.0025,000.00
300,000.003 25,000.00
50,000.0036,600.003 3,400.0047,200.003 2,800.00
310,000.0050,000.00
3 50,000.003 50,000.00
315,000.00
30,000.0022,200.003 2,800.00
1 100,000.0012 3 ioo, 000.00
14, 500.003 500.00
3 50,000.00/ 48,260.00
3 1, 740. 00200,000.00
\ 2 3100,000.00
The First National Bank of Danville...The First National Bank of Exeter..The Cheltenham National Bank, Cheltenham.
870 The Marine National Bank of Erie11015 The Solebury National Bank of New Hope__9528 The First National Bank of Laporte
Footnotes at end of table.106093—35 16
Aug. 24Aug. 31Sept . 10
Sept . 11
Sept . 14Sept . 17Sept . 24
24,000.0031,000.00
125,000.0025,000.0098, 750.003 1, 250.00
50,000. 0015,000.00
3 300,000.0075,000.0025,000.00
i 50,000.002 3 15,000.00
400,000.003 15,000.00
10,000.00
$25.0025.0050.0050.0070.00
• 15.00
100.00
50.0025.0040.00
400.00
80.0050.00
100.003.007.00
400.00
100.00
25.00100. 0090.00
J100.00
} 33H40.00
100.00100. 00100.00
100.00
80.00
80.00
1.005.00
100.00
20.00
• 60.00
50.00100. 00
100.00
25.00125.00
• 62. 50
125.0075.00
100.0025.00
6.2525.0030.0030.00100.0080.00
$25.0025.0050.0050.0070.00
15.00100.00
50.0025.0040.00
100.00
80.0050.00
100.003.00
7.00
100.00
100.00
25.00100.0090.00
100.00
33H40.00
100.00100.00100.00
100.00
80.00
80.00
1.005.00
100.00
20.00
60.00
50.00100.00
100.00
25.00125. 00
62.50
125.0075.00100.0025.006.2525.0030.0030.00100.0080.00
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
230 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 17.—National banks for which increase of capital has been authorized,under act Mar. 9, 1933, as amended, by the issuance of preferred stock which waspurchased by the Reconstruction Finance Corporation unless otherwise noted,together with the amount of increase and the rate of dividend, etc., to close of busi-ness Oct. 31, 1934—Continued
Char-terno.
5573
482360517642
108398498
12349
312
8591
2253
612712
311694259209330
2667
610812921
1546
1007
1546
2044
884110592
23912980
78853237
1346713483
1351746312935
6990128726256
1346013407
Title
PENNSYLVANIA—continued
The First National Bank of ShickshinnyThe National Bank of Corry . . _The Citizens National Bank of SlatingtonThe First National Bank of OakmontThe Ambridge National Bank, AmbridgeThe Wellsville National Bank, WellsvilleThe First National Bank of MocanaquaThe First National Bank of Media—The Grange National Bank of McKean
County at Smethport -The Hatboro National Bank, HatboroThe National Kittanning Bank, Kittanning...The First National Bank of ErieThe First National Bank of GettysburgNational-Dime Bank of ShamokinThe First National Bank of Fredericktown. _ _The First National Bank of MercersburgThe Sellersville National Bank, Sellersville.The First National Bank of WeatherlyThe First National Bank of Kingston
Total (148 banks)
RHODE ISLAND
The Aquidneck National Exchange Bankand Savings Company of Newport
The Mechanics National of ProvidenceThe Aquidneck National Exchange Bank
and Savings Company of Newport
Total (3 banks) .
SOUTH CAROLINA
The South Carolina National Bank of Charles-ton
SOUTH DAKOTA
The National Bank of HuronSecurity National Bank and Trust Company
of Sioux FallsThe First National Bank of DeadwoodFirst National Bank and Trust Company of
AberdeenThe First National Bank of GrotonThe First National Bank of Rapid CityFirst National Bank in MobridgeThe First National Bank and Trust Com-
pany of ChamberlainThe Northwestern National Bank of Madison.The First National Bank of LeadThe First Citizens National Bank of Water-
town.The Commercial National Bank of SturgisNew First National Bank in Dell RapidsThe Redfield National Bank, RedfieldFirst National Bank in BrittonThe Farmers & Merchants National Bank in
Milbank _
Date
1934Sept. 27Oct. 4
- .do__.doOct. 6Oct. 8
—do—-Oct. 12
Oct. 15Oct. 19
...doOct. 20Oct. 22Oct. 23Oct. 24
...doOct. 25Oct. 27Oct. 29
1933
June 21934
Aug. 1
Oct. 6
1933
Aug. 19
1934Mar. 8
Mar. 12Mar. 13
dodo .
Mar. 14- _ d o - - _
do...do...do
Mar. 19Mar. 20
...doMar. 21
-_do.-_-
Mar. 27
Preferredincreasecapital
f $79,000.00\ 3 21,000.00
75,000.00100,000.0025,000.0050,000.0025,000.0025,000.00
f 141,125.00\ 3 58,875.00
50,000. 00
r i loo, ooo. oo\ 2 3 15,000.00
50,000.00500,000.00
1 100,000.00300,000.0025,000.0025,000.00
/ i 50,000.00\ 2 3 50,000.00
* 93,750.0050,000.00
16,043,750. 00
2 250,000.00
f 248, 500.00\ 3 i, 500.00
300,000.00
800,000.00
800,000.00
350,000.00
400,000.00125,000.00
325,000.0050,000.00
175,000. 0050,000.00
5,000.0010,000.00
300,000.00
125,000.0040,000.0010,000.00
100,000. 005,000.00
25,000.00
Parvalue
ofshares
}lOO. 00125.0050.00
100.0020.00
100.0025.00
}l25. 00
30.008H
25.0085.00
100.0020.0030.00
125.00100.00
33H66%
25.0012.50
50.00
} 25.00
25.00
100.00
100.00
100.00100.00
100.00100. 00100.00100.00
100.00100.00100.00
100.00100.00100.00100.00100.00
100.00
Sold atper
share
$100.00
125.0050.00
100.0020.00
100.0025.00
125.00
30.008H
25.0085.00
100.0020.0030.00
125.00100.00
33H66%
37.5012.50
60.00
25.00
25. 00
100.00
100.00
100.00100.00
100.00100.00100. 00100.00
100.00100.00100.00
100.00100.00100.00100.00100.00
100.00
Percentof divi-dendto bepaid
on thepar
value
4
444444
4
41424
444444
14a 4 H
64
6
4
4
6
5
55
5555
555
55555
5
Footnotes at end of table.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 231
TABLE N O . 17.—National banks for which increase of capital has been authorized,under act. Mar. 9, 1933, as amended, by the issuance of preferred stock which waspurchased by the Reconstruction Finance Corporation unless otherwise noted,together with the amount of increase and the rate of dividend, etc., to close of busi-ness Oct. 31, 1934—Continued
Char-terno.
Title DatePreferredincreasecapital
Parvalue
ofshares
Sold atper
share
Percentof divi-dendto bepaid
on thepar
value
13430357899583393
9679108132068
609910637127771354912488
303213640
10583107853576101814177402016661030621681363552639667693010735108429319
1366536381374312186
3785234931313159
1022533464708614070454525
100904565
SOUTH DAKOTA—continued
The First National Bank of PhilipThe Mitchell National Bank, MitchellThe First National Bank of PukwanaThe First National Bank and Trust Com-
pany in Sioux Falls —The First National Bank of HeclaThe First National Bank of BeresfordThe First Dakota National Bank and Trust
Company of YanktonThe First National Bank of VolgaThe First National Bank of MidlandThe Onida National Bank, OnidaThe First National Bank of EthanThe First National Bank of Sherman
1934Apr. 3Apr. 7May 28
June 1June 12
June 26June 30Sept. 11Sept. 15Sept. 25Oct. 16
Total (28 banks).
The American National Bank of NashvilleThe First National Bank in Bristol
Erwin National Bank, ErwinFirst National Bank of ShelbyvilleThe Second National Bank of JacksonThe First National Bank of LindenThe First National Bank of GreenevilleThe Traders National Bank of TullahomaThe Cleveland National Bank, ClevelandThe First National Bank of PetersburgThe First National Bank of JacksonThe Hamilton National Bank of Johnson City.First-Citizens National Bank of Dyersburg...The First National Bank of CookevilleThe First National Bank of DicksonThe Citizens National Bank of AthensThe First National Bank of KingsportThe First National Bank of Mount Pleasant-.
1933June 13Dec. 27
1934Jan. 8Jan. 26Feb. 3Apr. 9May 26May 28June 26June 30July 6
July 23Aug. 10Aug. 27Sept. 11Sept. 14
Sept" 25"
Total (18 banks).
City National Bank in Wichita FallsThe First National Bank of Paris.__Mercantile National Bank at Dallas..Republic National Bank and Trust Company
of DallasThe Texarkana National Bank, Texarkana...The First National Bank of Fort WorthThe Fort Worth National Bank, Fort Worth.The Merchants and Planters National Bank
of Sherman
1933Apr. 6May 6Aug. 16
Dec. 26Dec. 29Dec. 30. . .do-—
..do
The National Bank of Commerce of Houston.The First National Bank of San MarcosThe Denton County National Bank of Denton.The First National Bank of Mesquite...The First National Bank of FloydadaThe Alamo National Bank of San AntonioThe First National Bank of MissionThe First National Bank of Goliad
1934Jan. 3Jan. 4. . .do.—.Jan. 12Jan. 18Jan. 23Jan. 24Feb. 2
$15,000.00100,000.0020,000.00
250,000. 0020,000.0030,000. 00
100,000. 0015,000. 0030,000. 0020,000.008,000. 00
20,000. 00
$100.0050.0040.00
62.5050.0075.00
100.0060.0080.0040.00100. 0090.00
$100.0050.0040.00
62.5050.0075.00
100.0060.0080.0040.00100. 0090.00
2, 723,000. 00
4,000,000.00250,000. 00
30, 000.00150,000. 00100,000.0015,000.0075,000.0050,000.00150,000.0030,000. 00150,000.00
/ 1400,000.0012 s 100,000.00
100,000. 0050,000.0050,000. 0050,000. 00150, 000.0010,000.00
100. 00100.00
50.0015.00100.0050.0060.0050.0066.00100.0060.0050.00100.00100.0080.0050.00100. 00100. 0080.00
100.00100.00
50.0015.00100.0050.0060.0050.0066.00100.0060.0050.00100.00100.0080.0050.00100. 00100. 0080.00
5,910,000.00
400, 000. 00150, 000. 00
1,000,000. 00
2,000,000. 00250,000. 00750,000. 00
1, 000,000.00
400,000. 00
2, 500,000. 0030,000.0050,000. 0025,000.0025,000. 00
1,000,000. 00150, 000.00
2 3 25,000.0050,000.00
100.00100.0020.00
20.00100.0020.0020.00
50.00
320.0050.00100.0050.0075.00100.00100.00100.00200.00
100.00100. 0020.00
20.00100.0020.0020.00
50.00
320. 0050.00100.0050.0075.00100.00100.00100.00200.00
Footnotes at end of table.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
232 REPOBT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 17.—National banks for which increase of capital has been authorized,under act Mar. 9, 1933, as amended, by the issuance of preferred stock which waspurchased by the Reconstruction Finance Corporation unless otherwise noted,together with the amount of increase and the rate of dividend, etc., to close of busi-ness Oct. 31, 1934—Continued
Char-terno.
Title DatePreferredincreasecapital
Parvalueof
shares
$200.00100.00100.00100.00100.00100.00100.00100. 00100. 00100. 0050.00100.00100.00100.00150. 00100.00100.00
100.0060.00100.0050.0050.0050.0064.00100. 00100.00100. 0050.00100.0020.00100. 0050.00100. 0050.0075.00100. 00100.00100. 00100.00100.0075.00100.00100.00100.00
50.0050.0033^
125.00125.00125. 00100.00100. 00100.0080.0025.0050.0084.00125. 00100.00100.00125. 00100.00100.0062.50
Sold at
share
$200.00100.00100.00100.00100. 00100.00100.00100. 00100. 00100.0050.00100.00100.00100.00150.00100.00100.00
100.0060.00100.0050.0050.0050.0064.00100.00100.00100.0050.00100.020.00100.0050.00100.0050.0075.00100. 00100. 00100.00100.00100.0075.00100. 00100. 00100. 00
50.0050.00
33J^125. 00125.00125. 00100.00100.00100.0080.0025.0050.0084.00125.00100.00100.00125.00100.00100.0062.50
Percentof divi-dendto bepaid
on thepar
value
1566757230944990589750011140611799126411368321894866448311964864553431116312190
1199713111114159126127891373157651324910624527610148104831242112475532463208573558162127306748242636826118795710869374334900135874214876913257104784076127985797103208134
128311207013598
43086091372712775
TEXAS—continued
The First National Bank of GalvestonThe Peoples National Bank of LampasasThe First National Bank of BonhamThe American National Bank of TerrellThe Graham National Bank, GrahamThe Laredo National Bank, LaredoThe Menard National Bank, Menard___The First National Bank of Port NechesThe First National Bank of WeslacoFirst National Bank in HoustonThe First National Bank of WacoThe Commercial National Bank of Beeville.-.The First National Bank of JacksboroThe City National Bank of MexiaThe Second National Bank of HoustonThe Citizens National Bank of Tyler _.The First National Bank of LamesaThe Prendergast-Smith National Bank of
MexiaContinental National Bank of Fort WorthThe Lamesa National Bank, LamesaThe First National Bank of Brownfield_The First National Bank of LockneyThe First National Bank of RaymondvilleFirst National Bank in CameronThe First National Bank of HondoThe First National Bank in WellingtonThe First National Bank of EdgewoodThe City National Bank of ColoradoThe Groos National Bank of San AntonioThe First National Bank of Bogata.— __.The First National Bank of La PorteThe United States National Bank of Galveston.The First National Bank of CelesteFirst City National Bank of FloresvilleThe Commercial National Bank of BradyThe First National Bank of JacksonvilleThe First National Bank of TroupeThe First National Bank of ShamrockThe Farmers National Bank of SeymourThe First National Bank of SeymourThe First National Bank of CanadianThe First National Bank of MercedesThe First National Bank of RoxtonThe First National Bank of RotanDel Rio National Bank, Del RioThe Citizens National Bank of HillsboroSan Angelo National Bank of San AngeloThe First National Bank of AmarilloThe First National of Perry tonThe First National Bank in Mount Pleasant.The Citizens National Bank of JasperThe First National Bank of McGregorThe First National Bank of LevellandThe Lufkin National Bank, LufkinThe First National Bank of Poth _.
1034Feb. 3Feb. 6Feb. 13...do...doFeb. 17Feb. 23Mar. 8Mar. 9.do..
Mar. 15Mar. 21Mar. 27...doApr. 5Apr. 6...do
...do.....Apr. 14Apr. 17Apr. 18Apr. 25Apr. 26Apr. 27Apr. 30May 1May 7May 9May 10May 18May 21May 22May 24May 25...doMay 28May 29..-doMay 31June 1June 8June 13June 14June 18June 19June 25
doJune 26...do
The Blanco National Bank, Blanco-- —The First National Bank of O'DonnellThe State National Bank of HoustonThe First National Bank in StamfordThe Austin National Bank, AustinThe First National Bank of AnsonThe First National Bank of GranburyThe Strawn National Bank, Strawn
June 28July 2July 3July 6July 9July 12...doJuly 19— d o —July 21July 30Aug. 4Aug. 14
$100,000.0020,000. 00
100, 000. 00100,000.0050,000. 00
200,000. 0025, 000. 0025,000. 0025,000. 00
2,500, 000. 00500,000. 0050,000. 0025,000. 0050,000.00
1, 000, 000. 00125,000. 0025,000. 00
50, 000. 00300, 000. 00
25, 000. 0025, 000. 0025, 000. 0025, 000. 0020,000. 0025, 000. 0025, 000.0012, 500. 0050, 000.00
150, 000. 0010,000. 0025, 000. 00
500, 000. 0015, 000. 0050, 000. 0035,000. 0050, 000. 0010, 000. 0025, 000. 0025, 000. 0025,000. 0025, 000. 0025,000 0025,000.0020, 000. 00
100, 000.00100, 000. 00200, 000. 00200,000. 00
20, 000. 0025, 000. 0012, 500. 0025, 000. 0012, 500. 0050,000. 00
5, 000. 00112, 500. 002 3 6, 250. 00
15,000. 00500, 000. 00i 25,000. 00
2 310, 000. 00300,000. 00
50, 000. 0050, 000. 0025, 000. 00
Footnotes at end of table.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
EEPOET OF THE COMPTROLLER OF THE CURRENCY 233
TABLE N O . 17.—National banks for which increase of capital has been authorized,under act Mar. 9, 1933, as amended, by the issuance of preferred stock which waspurchased by the Reconstruction Finance Corporation unless otherwise noted,together with the amount of increase and the rate of dividend, etc., to close of busi-ness Oct. 31, 1934—Continued
Char-terno.
106347814551312824134023015
9353
45642597
9403
4341
603620596558467010925
17001430
74829501226252
820
1161513015762274122
12539112054477
1635
115541008011957
117659375
Title
TEXAS—continued
The Whitesboro National Bank, Whitesboro.The Jacksboro National Bank, JacksboroThe First National Bank of RosebudThe First National Bank of LittlefieldFirst National Bank in RockwallThe First National Bank of BrenhamHouston National Bank, Houston
Total (86 banks).
The First National Bank of Park City.First National Bank of Ogden
The Continental National Bank and TrustCompany of Salt Lake City
The Utah State National Bank of Salt LakeCity
The First National Bank of Brigham City.—.The First National Bank of Salt Lake City...The First National Bank of MurrayThe First National Bank of LoganThe First National Bank of Moab
Total (9 banks).
The Central National Bank of RutlandVermont-Peoples National Bank of Brattle-
boroThe First National Bank of MontpelierThe Clement National Bank of Rutland.The First National Bank of SpringfieldFirst National Bank of Bristol
The Rutland County National Bank, Rut-land
The Richford National Bank, Richford-The First National Bank of BenningtonThe Caledonia National Bank of DanvilleThe Randolph National Bank, RandolphThe First National Bank of Springfield
Total (12 banks).
The Middleburg National Bank, Middleburg.The Farmers National Bank of Appomattox...The Dominion National Bank of BristolThe Shenandoah Valley National Bank of
Winchester .- .
The First National Bank of YorktownThe Central National Bank of RichmondThe First National Bank of Nelson County at
Lovingston __Farmers and Merchants National Bank and
Trust Company of WinchesterThe First National Bank of Big Stone Gap...The Buchanan National Bank, Buchanan—
Date
1934Sept. 4Sept. 6Sept. 11
doSept. 14Oct. 9Oct. 24
1933Apr. 10Dec. 23
1934Feb. 20
Mar. 28Apr. 14Apr. 17_-doMay 6July 7
1933Apr. 14
Apr. 15Apr. 17Apr. 28May 19June 24
1934Jan. 6Mar. 21Apr. 9
dMay 25May 31
1933May 6June 9Oct. 30Dec. 22
1934Feb. 2Feb. 5
. .do
Feb. 16Feb. 24Mar. 24
Preferredincreasecapital
$25, 000. 0025, 000. 0025, 000. 0025,000. 0030, 000. 0075, 000. 00
400,000. 003100, 000. 00
18, 671, 250. 00
32, 500.00600,000.00
300,000.00
3 250,000.0050,000.00
250,000.0030, 000.0050, 000. 0012, 500. 00
1, 575,000.00
3 60,000. 00
3 300, 000.003 250, 000.00s 225, 000.003 100,000. 00
3 25,000. 00
125,000.0035, 000.00
110,000.0050,000. 0040,000.00
i 100,000.00
1, 420,000.00
3 25,000. 0020, 000. 00
250,000.00i 300,000. 00
2 3 100,000.00
25, 000. 003 50, 000. 00
50, 000. 00
300,000. 0050, 000. 0040, 000. 00
Parvalue
ofshares
$100. 00125. 0062.50
100. 0080.0060.00
425. 00
100.00100.00
100.00
80.0050.00
100. 0030.0025.00
100. 00
100.00
25.00100. 0010.00
100. 0010.00
100.0035.00
100.0031.2525.0016.00
10.00100.00100.0020.0020.00
100. 0020.00
80.00
75.0050.00
100. 00
Sold atper
share
$100. 00125. 0062.50
100. 0080.0060.00
125. 00
100. 00100. 00
100. 00
80.0050.00
100.0030.0025.00
100. 00
100.00
25.00150. GO20.00
100. 0020.00
100.0035.00
100. 0031.2525.0016. 00
20.00100.00100. 0020.0020.00
100. 0020.00
80. 00
75.0050.00
100. 00
Percentof divi-dendto bepaid
on thepar
value
55555
1 5
665
1 525
Footnotes at end of table.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
234 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 17.—National banks for which increase of capital has been authorized,under act. Mar. 9, 1933, as amended, by the issuance of preferred stock which waspurchased by the Reconstruction Finance Corporation unless otherwise noted,together with the amount of increase and the rate of dividend, etc., to close of busi-ness Oct. 31, 1934—Continued
Char-terno.
11381
13275
124516008
10618
4635
3917
13502
10194
6748
119784314
13137121534668
9411
8064238090791017411667122691211413331123921180887892772
4686
89487767
70297681102506830
3236111096510103704643
VIRGINIA—continued
American National Bank of PortsmouthThe Citizens National Bank of Front Royal _.The Hanover National Bank of AshlandThe First National Bank of Clifton Forge
/National Bank and Trust Company of Char-\ lottesvilleThe First National Bank of Newport News..The Peoples National Bank of LeesburgThe First & Peoples National Bank of Gate
CityThe Seaboard Citizens National Bank of Nor-
folkThe Peoples National Bank of ManassasThe First National Bank of AshlandThe First National Bank of Lexington
Title
Total (22 banks)
WASHINGTON
The Washington National Bank of Vancouver.The University National Bank of SeattleThe Old National Bank and Union Trust
Company of SpokaneThe First National Bank of Okanogan
The First National Bank of WenatcheeThe First National Bank of Walla WallaThe Washington National Bank of EllensburgThe First National Bank of Kent "_The First National Bank of Ferndale.__The First National Bank of IlwacoThe First National Bank of Enumclaw..First National Bank in SpokaneThe First National Bank of Long viewThe First National Bank of LyndenThe First National Bank of ChewelahThe Columbia National Bank of DaytonThe First National Bank of EverettThe First National Bank of KennewickThe First National Bank of Toppenish
Total (19 banks).
WEST VIRGINIA
The Empire National Bank of ClarksburgThe Union National Bank of ClarksburgThe Peoples National Bank of Rowlesburg_..The First National Bank of Williamson
The Charleston National Bank, Charleston _The Flat Top National Bank of BluefieldBoone National Bank of MadisonThe Matewan National Bank, MatewanThe First National Bank of Bluefield
Date
1934May 25June 21June • 27June 29
jjune 30July 17July 19
Aug. 16
. . .do. . . . .Aug. 20Oct. 6Oct. 29
1933Apr. 20June 8
Oct. 7Dec. 22
1934Jan. 20Feb. 21Mar. 2Mar. 6Mar. 14Mar. 20Mar. 21Apr. 21Apr. 24May 14May 15July 5
Aug. 17Aug. 20Sept. 24
1933Apr. 13
doApr. 22June 30
1934Feb. 8Mar. 16Mar. 22June 30July 12
Preferredincreasecapital
$250,000.00i 25,000.00
2 313,000.0025, 000.00
100,000.00150,000.00
3 100, 000.00500,000. 0095, 900.003 4, ioo. 00
50,000. 00
500, 000. 0014,000. 00
3 16,000. 0010,000.0050,000.00
3,113,000.00
3 50,000. 003 100,000. 00
500,000. 0040,000.00
100,000. 00200,000.00
75, 000. 0025,000. 0035,000.0012, 500.0050,000.00
250,000.0050,000.0025,000.0010,000. 0050,000.00
335,000.003 165,000.00
25,000.0030,000.00
2,127, 500.00
3 250,000.003 250,000.00
3 10,000. 00200,000.00
750,000.00250,000. 00125,000.0025,000.00
3 250,000.00
Parvalue
ofshares
$50.0012.50
100.0012.5025.00
12.50
100.00
l00.00
125. 00
80.00
62.50125.0031.25
100. 00100. 00
100. 00100. 00
100. 00100. 0050.0040.0070.0025.00
125.0050.0080.00
100.0050.00
100.00
50.00
125.00100. 00
50.0050.00
100.00100.00
40.0012.5040.00
100.00100.00
Sold atper
share
$50.0012.50
100.0012.5025.00
12.50
100. 00
100. 00
125. 00
80.00
62. 50
125. 0031.25
100. 00100. 00
100. 00100. 00
100. 00100. 0050.0040.0070.0025.00
125.0050.0080.00
100.0050.00
100.00
50.00
125.00100.00
100.00100.00250.00100. 00
40.0012.5040.00
100.00100.00
Percentof divi-dendto bepaid
on thepar
value
Footnotes at end of table.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
BEPORT OF THE COMPTROLLER OF THE CU&RENCY 235TABLE NO. 17.—National banks for which increase of capital has been authorized,
under act Mar. 9, 1988', as amended, by the issuance of preferred stock which waspurchased by the Reconstruction Finance Corporation unless otherwise noted,together with the amount of increase and the rate of dividend, etc., to close of busi-ness Oct. 81, 1934—Continued
Char-terno.
Title DatePreferredincreasecapital
Parvalue
ofSold at
Pei centof divi-dendto bepaid
on thepar
value
5691
10369991397669740
11483
3029
9850
13646
12124
4312
21258444101065047105223125
114121348727251253470876575457
4639
13599873
11783330837241086
3001
3778
10890412319985779
WEST VIRGINIA—continued
The First Clark National Bank of Northfork-The Montgomery National Bank, Mont-
gomeryThe First National Bank of KeystoneThe First National Bank of KenovaThe First National Bank of RomneyThe Merchants National Bank of Montgom-
eryThe Farmers & Mechanics National Bank of
Williamstown/The South Branch Valley National Bank of\ MoorefieldThe Winona National Bank, WinonaThe Central National Bank of Buckhannon...
1934July 18
July 19July 27Aug. 1Aug. 9
Aug. 25
Aug. 29•Sept. 17Oct. 4Oct. 19
$50,000.00
50,000.0025,000.0020,000.0025,000.00
40,000.00
25,000.0011,666. 66
3 13,333.3415,000.0047,900.003 2,100.00
$80.00
80.00125.0050.00100.00
62.50
31.25
• 66. 66
66.66
> 50.00
$80.00
80.00125.0050.00
100.00
62.50
31.25
50.00
Total (19 banks)
WISCONSIN
The First National Bank of Eagle RiverThe First National Bank of Rhinelander
The First National Bank of Chippewa Falls..The First National Bank of GrantsburgThe First National Bank of BaldwinThe National Bank of La CrosseThe First National Bank of Prescott
2,435,000.00
The First National Bank of Lake GenevaThe First National Bank of DodgevilleThe First National Bank of New Richmond.,First National Bank in PhillipsThe Second National Bank of BeloitThe First National Bank of WashburnThe First National Bank of River FallsThe First National Bank of SeymourFirst National Bank and Trust Company of
RacineThe Wood County National Bank of Wiscon-
sin RapidsThe First National Bank in FennimoreThe First National Bank of Elk HornThe Burlington National Bank, Burlington.__The Citizens National Bank of DarlingtonThe First National Bank of MenashaThe Waukesha National Bank, WaukeshaThe First National Bank of Stevens Point
fThe Lumbermen's National Bank of Chip-\ pewa FallsFirst National Bank of BarronThe First National Bank of MarinetteThe First National Bank of Wisconsin Rapids.The First National Bank of Mondovi. . . .
1933June 1Oct. 19
1934Feb. 6Mar. 12Mar. 13Mar. 15Mar. 17Mar. 29Apr. 6Apr. 10Apr. 14May 22May 25June 19June 25
July 17
Aug. 14Aug. 21Aug. 31...doSept. 11Sept. 17Sept. 18
Oct. 4
•Oct. 15
...do..-..Oct. 16Oct. 19Oct. 22
3 35,000.001 75,000.00
2 3 75,000. 00
1 90,000.002 3 10,000.00
20,000.0025,000.00300,000.0025,000.0026,600.003 3,400.0050,000.0025,000.0020,000.0065,000.0020,000.0025,000.0030,000.00
500,000.00
75,000.0012, 500.0030,000.0015,000.0050,000.0075,000.00300,000.00113,000.003 7,000.00i 75,000.00
2 3 75,000.00i 25,000.00
2 310,000.003 50,000. 00100,000.0025,000.00
10.0040.00100.00
75.00100.00100.00100.00100.00100.00100.00100.0050.00100.00100.0080.0050.00100.0050.00
100.00
100.0075.00120.0093.75100.006.0025.00
100.00
50.0050.0031.25100.00100.0080.0062.50
10.0040.00100.00
75.00100.00100.00100.00100.00100.00100.00100.0050.00100.00100.0080.0050.00100.0050.00
100.00
100.0075.00120.0093.75100.006.0025.00
100.00
50.0050.0031.25100.00100.0080.0062.50
Total (29 banks). 2,457,500.00
Footnotes at end of table.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
236 EEPOBT OF THE COMPTEOLLMt OF 0?HE
TABLE N O . 17.—National banks for which increase of capital has been authorized,under act Mar. 9, 1988, as amended, by the issuance of preferred stock which waspurchased by the Reconstruction Finance Corporation unless otherwise noted,together with the amount of increase and the rate of dividend, etc., to close of busi-ness Oct. 31, 1934—Continued
Char-terno.
1069836156850
108105413
54804989
Title
WYOMING
First National Bank of Green River.The Albany National Bank, LaramieThe Casper National Bank, CasperThe First National Bank of GreybullThe Rawlins National Bank, Rawlins
The First National Bank of Kemmerer .- .The First National Bank of Laramie
Total (7 banks)
Total United States (1,458 banks)
Date
1934Feb. 20Mar. 23Apr. 10Apr. 11July 20
Aug. 6Sept. 6
Preferredincreasecapital
$40,000.0050,000.00
r 1100,000.00\ 2 3100,000.00
25,000.00/ 12,500.00\ 3 37,500.00/ i 100,000.00\ a 3100,000.00
50,000.00
615,000.00
422,059,250.00
Parvalue
ofshares
$50.0050.0050.0050.0062.50
[lOO.OO20.0020.0080.00
Sold atper
share
$50.0050.0050.0050.0062.50
100.0020.0020.0080.00
Percentof divi-dendto bepaid
on thepar
value
55
1525
54
1424
4
3 Local.
TABLE NO. 18.- -National banks chartered which are conversions of State banksduring the year ended Oct. 81, 1984
Charterno.
13828
13839138521385913872
13875
13885
13920
13936
13949
1395814000
14023140461408314140
1424614296
Title and location
Mercantile National Bank of MiamiBeach.
The St. Charles National Bank of Norco.Miners National Bank of Wilkes-Barre__The Union National Bank of OxfordThe National Bank & Trust Company of
Sycamore.The National Commercial Bank of Lib-
erty.The Merchants & Miners National Bank
of Oak Hill.The Mansfield Savings Trust National
Bank, Mansfield
The City National Bank and Trust Com-pany of Kansas City.
The Peoples National Bank of LittleRock.
The Union National Bank of Little Rock.The Commercial National Bank of Little
Rock.The Kingston National Bank, Kingston.The National Bank of MonroeSecurity National Bank of Superior _The Neat, Condit and Grout National
Bank of Winchester.Liberty National Bank of Chicago.. _The First National Bank at St. James
Total (18 banks)
State
Fla__.
L a -P a . —N. C._111
M o . . .
W.Va.
Ohio..
M o . . .
Ark . . .
. . .do—— d o -P a . —G a —Nebr..Ill
—do—Minn-
Date ofcharter
1933Nov. 6
Nov. 23Nov. 29Dec. 5Dec. 11
Dec. 15
Dec. 19
Dec. 30
1934Jan. 10
Jan. 20
Jan. 22Feb. 12
Feb. 23Mar. 5Mar. 28May 9
Aug. 10Oct. 31
Authorizedcapital
$100,000
50,0002,500,000
50,000100,000
100,000
100,000
600,000
300,000
200,000
300,000300,000
600,000150,00050,00055,000
300,00050,000
5,905,000
Approxi-mate sur-plus and
undividedprofits
$58,863
28,7986,310,722
31,194101,728
49,048
127,963
764,474
610,166
53,076
113,022105,316
1,528,09690,8994,563
22,631
121,1048,883
10,130,546
Approxi-mate assets
$629,950
324,31730,348,595
461,9331,549,097
712,716
849,825
5,949,420
11,270,405
1,965,298
4,002,5393,443,116
7,672,968556,834185,981482,984
6,164,138481,801
77,051,917
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
TABLE NO. 19.—National banks, by States and geographical divisions, organized, failed, and reported in voluntary liquidation during the yearended Oct. 31, 1934
Location
MaineNew HampshireVermontMassachusettsRhode Island -Connecticut
Total New England States
New York...New JerseyPennsylvania _ . .Maryland _District of Columbia _
Total Eastern States
VirginiaWest Virginia . .North Carolina . . . .South CarolinaGeorgiaFloridaAlabama,Mississippi . -Louisiana.
Organized
Numberchar-tered
33462
18
212287
6
136
61363
5117
Authorizedcommoncapital
$150,000300,000175, 000450, 000
2, 600,0CO
Numberwith
preferredstock
1
321
3,675,000 | 7
2,160,0001. 905, COO
11,182,300325, 000
15, 572, 300
275, 000780, 000425,000180, 000345, 000300, 000
25, 00020,0GO
400, 000
67
49
62
385364116
Authorizedpreferredcapital
$50,000
75,000100,000100, 000
325, 000
340, 000245. 000
4,122, 300
4, 707, 300
125 000270, 000375, 000170, 000205,000200, 00025,00030, 000
450, 000
Failed
Number
12182
23
23156441
107
4612116
3
Capital
$2,075,000150,000525,000150,000
2,900, 000
4,975, 0001, 750, 000
11,175, 000205, 000
1,000,000
19,105, 000
935, 000730, 000200, 000160, 00025, 000
200,000520, 000
100,000
Assets
i $35, 719, 0892, 433,9357,921, 9732, 274, 372
48, 349, 369
i 62,055,865* 20, 925, 418
5 151, 075, 8543, 818, 5578, 601, 400
246, 477, 094
6 6,071, 39312,139,3082, 519, 3662, 708, 783
118,8613, 092, 624
8 3, 525, 860
496, 792
Voluntary liquidation
Number
14
5
5
15
1617484
85
41041322
3
Capital
2 $100,000300,000
450,000
1, 050,000
1,900,000
2,350,0002, 275, 0005, 360,000
175,000
10,160,000
300,0007 575,000
1, 300, 000200,000245, 000150,000180, 000
1, 325, 666
Gross assets
$336,9214,024,888
4, 318,437
7,822,859
16, 503,105
19,120,42621, 296,91275, 249,1384,001, 482
119,667,958
3,837,2156,073, 5777, 274,9722, 610, 4881, 252, 6101, 286, 539
280,422
9,877, 7931 Includes 1 bank with capital of $200,000 and assets of $747,186 previously reported in voluntary liquidation.2 With preferred capital stock of $50,000.3 Includes 3 banks with capital aggregating $400,000 and assets aggregating $3,060,195 previously reported in voluntary liquidation.4 Includes 1 bank with capital of $100,000 and assets of $586,208 previously reported in voluntary liquidation.«Includes 4 banks with capital aggregating $425,000 and assets aggregating $719,197 previously reported in voluntary liquidation,e Includes 1 bank with capital of $100,000 and assets of a nominal value previously reported in voluntary liquidation.7 Includes 1 bank with preferred capital stock of $25,000.s Includes 1 bank with capital of $200,000 and assets of $616,415 previously reported in voluntary liquidation and 2 banks with capital aggregating $85,000 and assets aggregating
$496,842 restored to solvency, for one of which a receiver was again appointed.
IHWfej
aofed
H
w
toGO
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
TABLE NO. 19.'—National banks, by States and geographical divisions, organized, failed, and reported in voluntary liquidation during the yearended Oct. 31, 1934—Continued OO
Location
TexasArkansasKentuckyTennessee
Total Southern States
OhioIndianaIllinois . -.MichiganWisconsinMinnesotaIowaMissouri
Total Middle Western States
North Dakota -.South DakotaNebraska --KansasMontanaWyoming .Colorado -New MexicoOklahoma
Total Western States
WashingtonOregonCalifornia.- -
Organized
Numberchar-tered
39873
106
34154125198
216
169
22
10411917
37
334
Authorizedcommoncapital
$2,855,000975, 000395, 000125; 000
7,100, 000
3, 210,0001,110,0002, 685,0002, 617, 5001,065,000
230,000740,000900,000
12, 557, 500
47,00070,000
415, 000225,000
25,00025,000
525,00050,000
340,000
1, 722, 000
105,00075,000
595,000
Numberwith
preferredstock
34552
83
18122320127
183
113
228211816
31
334
Authorizedpreferredcapital
$2,630,000175,000255,00075,000
4,985, 000
977,000950,000865,000
2, 925,000635,000220,000510,000350,000
7, 432, 000
53,00080,000
335,000125,00025,00025,000
525,00050, 000
330, 000
1, 548, 000
95, 00075, 000
605,000
Failed
Number
12878
59
262043191813156
160
56622
415
31
527
Capital
$985,000505,000510, 000
4, 415, 000
9, 285, 000
3,360,0006,835, 0004, 360,0002, 525,0001, 630,000
510,0001, 575,0001, 205,000
22,000,000
525,000260,000310,000
75,000125, 000
200,00050, 000
450,000
1, 995,000
250, 000450,000575, 000
Assets
»$6, 253, 479io 2,888, 627ii 3, 448,39728,804,127
72,067,617
12 36,907,87613 49, 369,740H 36,777,618
42,125, 235is 17,321,453is 4,851,19617 8, 539,186is 6,446,365
202,338, 669
6, 328, 657i* 1, 869,12320 2, 019, 747
822,8292i 846,387
1,768,315838, 297
5,342,099
19,835,454
22 2,159, 2596, 892,979
23 2, 831, 561
Voluntary liquidation
Number
3416
70
175
241287
194
96
216
143
1237
48
16
l !
Capital
$2,570,00025,000
493,000
7, 363, 000
2,770,0003,950,0002, 020,0002,875,000
515,000310,000
1,475,0004,125,000
18,040,000
50,00025,000
500,000975,000125,000
1,350,000550, 000230, 000
3,805,000
1,300,0001,055,0001, 450,000
Gross assets
$17,714,877324,836
3,972,941
54, 506, 270
24,836,09330,299, 72722,805,82935,998, 570
5,943, 5883,143,195
12, 540, 70725,086, 500
160, 654,209
172, 567172, 071
5, 521, 6578,969, 719
657,406
12, 311, 4455, 736, 7811, 433,011
34, 974, 657
21,591,22212, 613, 62312, 549,945
W
OO
s1-3W
O
3o
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
IdahoArizona.
Total Pacific States
Total United States
10
476
775,000
41, 401,800
10
306
775, 000
19, 772, 300
1
15
395
25, 000
1, 300, 000
56, 585, 000
422,142
12, 305, 941
601, 031, 912
3
43
357L...
190,000
3,995,000
45,263,000
2, 202, 942
48,957, 732
435, 263,931
9 Includes 4 banks with capital aggregating $350,000 and assets aggregating $1,831,158 previously reported in voluntary liquidation and 3 banks with capital aggregating $410,000and assets aggregating $2,858,680 restored to solvency.
10 Includes 1 bank with capital of $150,000 and assets of $329,619 previously reported in voluntary liquidation.11 Includes 2 banks with capital aggregating $210,000 and assets aggregating $92,527 previously reported in voluntary liquidation.12 Includes 3 banks with capital aggregating $225,000 and assets aggregating $184,462 previously reported in voluntary liquidation and 1 bank with capital of $150,000 and assets
of $2,263,437 restored to solvency.13 Includes 4 banks with capital aggregating $2,550,000 and assets aggregating $2,115,895 previously reported in voluntary liquidation.u Includes 2 banks with capital aggregating $300,000 and assets aggregating $842,450 previously reported in voluntary liquidation and 1 bank with capital of $25,000 and assets of
$130,313 restored to solvency.15 Includes 1 bank with capital of $50,000 and assets of $94,731 previously reported in voluntary liquidation.16 Includes 2 banks with capital aggregating $105,000 and assets aggregating $207,354 previously reported in voluntary liquidation.17 Includes 4 banks with capital aggregating $725,000 and assets aggregating $2,164,314 previously reported in voluntary liquidation and 1 bank with capital of $50,000 and assets
of $338,698 restored to solvency.18 Includes 1 bank with capital of $30,000 and assets of a nominal value previously reported in voluntary liquidation.19 Includes 2 banks with capital aggregating $125,000 and assets aggregating $172,744 previously reported in voluntary liquidation.20 Includes 1 bank with capital of $100,000 and assets of $39,500 previously reported in voluntary liquidation.21 Includes 1 bank with capital of $25,000 and assets of $92,742 succeeded by a new national bank organized by the F. D. I. C. as provided by the act of June 16, 1933.22 Includes 1 bank with capital of $25,000 and assets of $133,392 restored to solvency.23 Includes 1 bank with capital of $75,000 and assets of a nominal value previously reported in voluntary liquidation.
fed:
O
1-3
Wfed
ooK
C
F
Wfed
3
io
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
240 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 20.—Number and classification of national banks chartered monthlyduring the year ended Oct. 31, 1934
MonthsNumber
Conversions
Capital
Reorganizations
uber
Capital Num-ber
Primary organi-zations
Capital Num-ber
Total
Capital
November.December __JanuaryFebruary. _MarchAprilMayJune _JulyAugustSeptember.October
Total .
$2,650,000950,000800,000900,000200,000
55, 000
300, 000
50,000
$2, 407,0006,115,0008,375,0006,495,0004,260,0003,437.5004,840,0004,900,0002, 575,0001, 690, 0001. 645,0003,635,000
$350,0002,700,000190,000200,000150,000350,000204,600200,00050,000300,000100,000100,000
18 5,905,000 1432 50, 374, 500 4,894, 600 3 476
$5,407,0009,765,0009,365,0007,595,0004,610,0003, 787, 5005,099,6005,100,0002, 625,0002, 290,0001,745,0003,785,000
61,174,100
i 289 of these banks had $18,945,000 preferred capital stock.217 of these banks had $827,300 preferred capital stock.3 306 of these banks had $19,772,300 preferred capital stock.
TABLE NO. 21.—Principal items of assets and liabilities of licensed national banks,classified according to capital stock, Dec. 30, 1983
CAPITAL STOCK OF LESS THAN $50,000
[In thousands of dollars]
LocationNum-ber ofbanks
Loansand dis-counts,includ-ing re-
dis-counts
Invest-ments
Totalassets Capital
Surplus,profits,and re-serves
for con-tingen-
cies
Cir-cula-tionout-
stand-ing
Totaldeposits
COUNTRY BANKS
MaineNew HampshireVermontMassachusettsConnecticut
Total New EnglandStates
New York -.New Jersey - -.PennsylvaniaDelawareMaryland
Total Eastern States
VirginiaWest Virginia..North CarolinaSouth CarolinaGeorgiaFloridaAlabamaLouisiana ~ . .TexasArkansasKentuckyTennessee
Total Southern States....
Ohio..IndianaIllinois
5717
12125
202
23134353
121
129151416
238
181246118597524
30229645
634547
794688222
1,5661,284
737525
12575
756130
15267
1,6 1,824 4,554 373 385 227
10,9523,253
22,424548
11,3423,731
21,877359858
26,4778,227
52,4431,0052,410
1,470450
3,14550
140
1,758599
5,53081
248
1,196240
2,81543
121
38,175 38,167 90,562 5,255 8,216 4,415
4,8432,119
392366379156
1,728122
9,9411,2623,3682,348
2,041848345254309214
1,14033
5,6801,1572,0141,333
8,4204,2041,3171,0931,098
6624,546
28829,1573,7596,8224,948
615375145751459634025
3,535382370435
599305455087374275
611261
5103277675755027125
1,513245290382
27,024 15,368 66,314 6,538 4,424
4,5253,5287,342
3,5662,8778,490
10,1288,42021,641
1,023785
2,181
722413
1,064
837703
1,579
457143
1,2171,066
3,482
21,3316,64839,980
7341,899
70,592
6,5423,1881,048891791478
3,483233
22,1032,8855,4853,740
50,867
7,4146,45816,733
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OP THE COMPTROLLER OP THE CURRENCY 241
TABLE NO. 21.—Principal items of assets and liabilities of licensed national banks,classified according to capital stock, Dec. 30, 1983—Continued
CAPITAL STOCK OF LESS THAN $50,000—Continued
[In thousands of dollars]
Location
COUNTRY BANKS—continued
Michigan -Wisconsin.MinnesotaIowa . . .Missouri
Total Middle WesternStates
North Dakota . _ _South DakotaNebraskaKansasMontanaWyoming _ _ _Colorado _New MexicoOklahoma
Total Western States
WashingtonOregon - -California .IdahoUtahNevada -Arizona
Total Pacific States
Total United States
Num-ber ofbanks
820982819
316
3935508920
72811
123
402
1714259331
72
1,244
Loansand dis-counts,includ-ing re-
dis-counts
7192,760
12,5513,3901,974
36,789
4,0653,4576,4379,7441,271
6492,6851,0289,455
38, 791
1,6551,2662,865
82760458786
7,890
150,335
Invest-ments
1,0042,353
16,2832,8361,882
39, 291
3,2902,8413,8965,8671,2921,2432,013
98411,516
32,942
2,2791,2793,675
563164987209
9,156
136, 748
Totalassets
2,3566,487
37,4319, 2275,377
101,067
10,1108,083
14,02122, 2743,6753,4746,9452,909
34,576
106,067
5,4653,5868, 9902, 047
9731,952
419
23,432
391,996
Capital
242510
2,665772510
8,688
1,029895
1,3702,322
510190750290
3,185
10,541
455360625235759025
1,865
33, 260
Surplus,profits,and re-serves
for con-tingen-
cies
198297
1,686484254
5,118
597485910
1,163170185398154
1,485
5,547
2222297731171159311
1,560
25, 250
Cir-cula-tionout-
stand-ing
217267
2,221589344
6,757
718497768
1,459135146421156
1,441
5,741
216196331109509010
1,002
21,981
Totaldeposits
1,6985,332
31,0657,3794,258
80,337
7,6255,887
10,74717,1192,7392,9525,3522.309
28, 341
83,071
4,5682 7697,1251,577
7321,679
373
18,823
307,172
C A P I T A L
RESERVE CITIES
Dallas _Waco - -Pueblo
Total reserve cities
COUNTRY BANKS
MaineNew Hampshire -VermontMassachusetts _ _ _Rhode IslandConnecticut
Total New EnglandStates.
New YorkNew Jersey.PennsylvaniaDelaware . .Maryland
Total Eastern States
S T O C K OF $50,000 B U T LESS '
111
3
233831684
22
186
259133373
942
816
1,002138188
1,328
9,16816, 27912, 70235, 6811,152
11,145
86,127
132,69870,974
217,2253,283
25, 234
449,414
2,587353
1,177
4,117
14,39312,73810, 56436,956
83810,969
86,458
151,69676,294
210,4163,122
25, 708
467,236
5,171841
1,768
7,780
31,13938,18028, 84389,8862,458
26,656
217,162
334,474179,337507,257
7,58061,160
1,089, 808
r H A N $200,000
150100100
350
2,3793,2722,8456,796
4202,035
17,747
22, 27212, 25933, 668
7103,720
72, 629
2438983
415
2,0053,7871,7867,334
3802,606
17,898
21, 69811,67757, 343
8144,168
95, 700
150100100
350
1,0162,8121,9335,144
2831,357
12, 545
14, 8946,998
26,700532
2,226
51,350
4,628550
1,479
6,657
25,60927,59721,99869,844
1,37320, 252
166, 673
266, 853144,150380, 660
5,21150, 050
846,924
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
242 REPORT OF THE COMPTROLLER OF THE CURREHCY
TABLE NO. 21.—Principal items of assets and liabilities of licensed national banks,classified according to capital stock, Dec. 80, 1938—Continued
CAPITAL STOCK OF $50,000 BUT LESS THAN $200,000—Continued
[In thousands of dollars]
LocationNum-ber ofbanks
Loansand dis-counts,includ-ing re-
dis-counts
Invest-ments
Total Capital
Surplus,profits,and re-serves
for con-tingen-
cies
Cir-cula-tionout-
stand-ing
Totaldeposits
COUNTRY BANKS—continued
Virginia..West VirginiaNorth CarolinaSouth CarolinaGeorgiaFloridaAlabamaMississippiLouisanaTexasArkansasKentuckyTennessee
Total Southern States....
OhioIndianaIllinoisMichiganWisconsinMinnesotaIowaMissouri
Total Middle WesternStates
North DakotaSouth DakotaNebraskaKansasMontanaWyomingColoradoNew MexicoOklahoma
Total Western States
Washington _.OregonCaliforniaIdahoUtahNevadaArizona
Total Pacific States
Alaska (nonmember banks)
Total country banks
Total United States
79402573229361815
2502365
45,12120,34212,5622, 68511, 8996,12312,9839,8455,54761,5056,63933,42718,959
18,05010,9627,2863,7458,80720,2047,4288,6733,54953,6285,69017,5798,742
658 247, 637 174,343
78,77141,02329,6089,28128,08135,63029,74525,27113,562187,59318,42763,21335,962
596,167
6,6193,3392,300550
2,8652,4502,8781,8351,33018,1531,5855,4123,134
52,450
5,7673,1082,058391
2,1441,8532,4791,281805
12, 517986
4,7281,966
40, 083
5,1782,8371,471497
2,2341,6722,5371,471697
12, 7001,2724,8142,982
59,81030,35423,5027,81920,48529,41721,60919,80710,617143,47714,51946,81627,296
132641304146826743
605
50,28021,18340,00515,82019,02922,09418,26612,459
43,72421,99853,32421, 71925,55741,39417,77814, 675
121,07659,016128,54849,40057,15584,50252,80438,380
11,0225,72510,1833,5693,9205,875
3^175
9,7963,3116,9272,3843,2944,0872,2711,893
40, 362
8,5514,6037,4722,3622,9554, 2233,0762,595
455,528
90,30245,072103,15140, 64546, 67869,49342,93530,452
199,136 240,16 9 590,881 47,899 33,963 35, 837 468,728
9,6369,32019,43223,7975,1429,1019,9724,99716,865
10,67812,96117,37624,6007,7887,07513,5046,08133,968
27,18028,05851,38472,52818,33321, 71132,99215, 76074,704
1,9951,8004,3456,2751,4951,2802,5951,0005,300
361 108, 262 134,031 342, 650 26,085
1,4953,0363,6021,0461,3011,390615
3,040
16, 893
1,185892
3,391
'6581,2161,555701
3,558
18,014
22,49223,25940, 24357, 67015,08817,89327,29813,43562, 617
279,995
38317314734
170
10, 7239,93223,1512,2862,5831,1831,051
15,79711,50525,8834,2821,5721,1331,873
36, 29828,93463, 64010,9565,4293,3453,994
2,8152,3605,967900533210300
1,6031,2563,59738930318961
1,8021,8294,375534370182199
29,65923,08548,9039,1274,1872,7643,425
50,909 62,045 152, 596 13,085 7,3 9,291 121,150
1,183 4,685 275 297 173 3,940
2, 800 1,142, 668 1, 2,993,949 230,170 212, 232 167,572 2, 342,938
2,803 1,143,996 1,170,378 3,001, 729 230,520 212,647 167,922 2, 349, 595
CAPITAL STOCK OF $200,000 BUT LESS THAN $500,000
CENTRAL RESERVE CITY
Chicago
OTHER RESERVE CITIES
Brooklyn and BronxBuffaloPhiladelphia- .BaltimoreWashington
3
21513
3,666
1,106434
11,0431,9805,455
2,958
1,1341,088
11,0912,5434,521
10,376
2,9231,879
25,8646,308
14,445
800
500300
1,500400850
445
65228
2,743633
1,517
200
2501,382
391368
8,864
2,3481,097
19,7824,882
11,650Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OP THE COMPTROLLER OF THE CURRENCY 243
TABLE NO. 21.—Principal items of assets and liabilities of licensed national banks,classified according to capital stock, Dec. 80, 1933—Continued
CAPITAL STOCK OF $200,000 BUT LESS THAN $500,000—Continued
[In thousands of dollars]
LocationNum-ber ofbanks
Loansand dis-counts,includ-ing re-
dis-counts
Invest-ments
Total Capital
Surplus,profits,and re-serves
for con-tingen-
cies
Cir-cula-tionout-
stand-ing
Totaldeposits
OTHER RESERVE CITIES—COntd.
CharlotteEl PasoFort Worth___GalvestonSan AntonioWacoNashvilleCincinnatiChicagoMinneapolisSt. PaulDes MoinesDubuqueSioux CityKansas City, MoSt. JosephSt. LouisLincolnOmahaKansas City, KansTopekaWichitaHelenaOklahoma CityTulsa
Total other reserve cities.COUNTRY BANKS
MaineNew HampshireVermontMassachusettsRhode IslandConnecticut
Total New EnglandStates
New YorkNew JerseyPennsylvaniaDelawareMaryland
Total Eastern States
VirginiaWest VirginiaNorth CarolinaSouth CarolinaGeorgiaFloridaAlabamaMississippiLouisiana _.Texas,.. _ArkansasKentuckyTennessee
Total Southern States
OhioIndianaIllinoisMichiganWisconsinMinnesota. __IowaMissouri
Total Middle WesternStates..
54
83
12
117
1,9265,2861,5064,3921,2532,3922,8851,1221,827516
2,7882,6041,0844,5904,1866,5272,4413,2522,073902
1,012737
1,0101,6512,563
1,2467,950121
4,356578
3,4831,0165,9575,139
7091,6114,5392,9678,2173,1034,530
12,5315,8973,1811,1082,1091,6494,6845,5122,383
5,40118,4032,68113,1893,3567,7275,5619,66213,1561,7785,72611,5955,55819,60410,18917,56617,86313,6827,12,5724,4233,2509,4289,7247,707
300600200400350250300400700200350250200
1,050700600900500650200200400300500450
5311,11710949870255439
1,2319437016824144171440664565249420116101119471134144
295600
25024630016045020020025020065050290800497
100200200200
25
4,24416,0432,34711,7452,6866,9764,4927,86610,9851,3084,97410,8474,71617,1699,00616,00215,50612,1736,9972,2563,9152,5318,4469,0767,088
80,543 114,953 279,107 14, 500 15,396 8,952 239,153
17,11811,3774,10550,6071,49728,314
18, 39312,7215,98750,8653,01019,097
48,58829,19711, 805124, 8715,00356,394
3,3252,1981,7229,850450
4,966
2,8632,647946
7,8761,0483,416
1,3221,7961,1006,266450
3,322
40,87322,4958,01599,3522,95344,145
113,018 110,073 275,858 22,511 18, 796 14, 256 217,833
114,30475,240147,4755,0417,983
131,96877,830133,5065,4976,865
290,224189,131338,21712, 24517,630
20,90214,28125, 240
9131,464
17,86812, 26538,1212,440856
12,7457,97617,593
580607
350,043 355,666 847,447 62,800 71,550 39,501
233,650149,604252,0848,29014,663
658, 299
23, 73012,1285,7625,9805,9473,31613,1347,3574,79835,5207,21911,4713,717
8,7338,0034,0344,7125,95810,04913,4037,0141,89826,2159,6777,0011,887
40,38925,52614,41316,64415,84518,07835,17221,42310,297100,17522,34122, 797
3,3252,4151,8151,1002,0001,7503,9751,700700
7,5001,4002,375750
3,4711,152763
1,2861,309798
2,193730478
5,422
1*138145
2,1441,671797784
1,4811, '-"3,275800499
3,852939
1,825550
31, 05919, 78310,95613,34011,03714,31625,38118,1758,61183,06818,30417,2876,654
140, 079 108, 584 351,368 30,805 20, 271 19,815 277,971
46.15014,16424, 7229,54715,47315.1515,5969,804
44, 44113, 53940,65914,26815,62418,7383,3249,656
115,99838, 02489,83835, 72141,81646,12910, 39226,101
10,2253,1757,8252,9003,6003,200600
1,750
9,1671,2744,2431,1972,0811,878363965
8,5032,1224,4012,1502,6002,012400
I,-
86,10230,42073, 21025,35233,43138,8418,32921,542
127 140,607 160,249 404,019 33,275 21,168 23,687 317,227Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
244 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 21.—Principal items of assets and liabilities of licensed national banks,classified according to capital stock, Dec. 30, 1933—Continued
CAPITAL STOCK OF $200,000 BUT LESS THAN $500,000-Contmued
[In thousands of dollars]
Location
COUNTRY BANKS—continued
North DakotaSouth Dakota . .NebraskaKansasMontanaWyoTningColorado. _ ._ _ _New MexicoOklahoma
Total Western States
Washington . _OregonCaliforniaIdahoNevadaArizona. __
Total Pacific States
Total country banks
Total United States
Num-ber ofbanks
442983417
42
24
18112
28
646
703
Loansand dis-counts,includ-ing re-
dis-counts
4,6102,7872,8898,5587,6553,0446,819
9345,720
43,016
1,2552,677
18,0551,152
9881,968
26,095
812,858
897,067
Invest-ments
6,7965,7922,4005,308
18,2152,7516,3911,8079,090
58,550
1,7413,723
18,689899
4,4577,322
36,831
829,953
947,864
Totalassets
15,20411, 4557,027
21,92237,86810,35419,4064,604
24, 111
151,951
4,3379,845
48,5722,7287,307
12,060
84,849
2,115,492
2,404,975
Capital
1,000875400
1,8501,800
8001,000
3001,700
9,725
400800
4,450200200700
6,750
165,866
181,166
Surplus,profits,and re-serves
for con-tingen-
556537354
1,2312,472
50273959
811
7,261
346546
2,786110133244
4,165
143, 211
159,052
Cir-cula-tionout-
stand-ing
550300270765
1,091200875300
1,071
5,422
400547
3,424100198700
5,369
108,050
117, 202
Totaldeposits
13,0089,3645,985
18,06932,4338,846
16, 7723,938
20,488
128,903
3,1887,950
37,4862,3186,741
10,404
68,087
1,668,320
1,916,337
CAPITAL STOCK OF $500,000 BUT LESS THAN $1,000,000
CENTRAL RESERVE CITIES
New York.Chicago
Total central reserve cities.
OTHER RESERVE CITIES
Brooklyn and BronxPhiladelphiaPittsburgh....BaltimoreWashingtonCharlotteSavannahFort WorthGalvestonHouston. ___San AntonioNashville . . .CincinnatiChicagoPeoriaGrand RapidsCedar RapidsKansas City, MoSt. JosephSt. LouisLincoln...OmahaKansas City, KansTopekaDenverPuebloOklahoma CitySpokaneOaklandSalt Lake City _
Total other reserve cities
1,0616,150
7,211
7,8301,8465,2999,6164,4411,6862,5224,4953,2304,7026,2473,218874
6,3543,9748,7636,8741,511504
3,9864,4743,4123,5766,6002,439823
1,0761,7728,121
47 125,068
3,0053,746
6,751
9,5192,8512,6925,695
14,0972,472
5472,8731,:1,6944,5462,7833,8652,7269,0252,4655,1275,198
5,3935,670867
3,7297,79013, 3575,5955,9671,622V15, 275
149,040
5,48514,544
20,029
17,17512,1097,58417,22136,7229,9123,8759,6529,0227,89116,04513,2929,0006,04620, 26711,15320,08618,9936,133
14,0856,60610,50718,85326,05617,46713,3104,0064,18434, 278
408,510
1,0001,000
2,000
2,0251,000700
1,3502,0501,000600750750600
1,100600500600
1,2601,650500
1,600500500850750750
1,0001,100500500500500
1,850
27,935
528472
1,000
7821,247344
1,1272,2201,248
50277430267656221
1,211212
1,872362
1,0311,392355126378380188669
2,0011,04615873112
1,392
21,827
200
669
1,225497700800500
1,000
60096350048525082050050020050494850245300896794500
500500
1,800
16,4
3,46312,835
16, 298
13,0608,0965,82613,87231,9006,6193,0598,6247,0346,27913,27211,9216,2584,98416,3038,61718,05515,5235,2165,86011,9845,1899,26616, 28822,08115,31712,6472,9303,07129,161
338,312Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 2 4 5
TABLE NO. 21.—Principal items of assets and liabilities of licensed national banks,classified according to capital stock, Dec. 30, 1933—Continued
CAPITAL STOCK OF $500,000 BUT LESS THAN $1,000,000—Continued
[In thousands of dollars]
Location
COUNTRY BANKS
MaineNew HampshireVermontMassachusettsRhode IslandConnecticut
Total New England States.
New YorkNew Jersey . _ _ _Pennsylvania. _-Maryland
Total Eastern States
Virginia .West VirginiaNorth CarolinaGeorgiaFlorida _._AlabamaMississippiLouisianaTexas -ArkansasKentuckyTennessee
Total Southern States
Ohio _-IndianaIllinoisMichiganWisconsinMinnesota. _.Iowa
Total Middle WesternStates
New Mexico ,. .Oklahoma
Total Western States
Washington _ .CaliforniaIdahoArizona
Total Pacific States
Total country banks
Total United States
Num-ber ofbanks
412
1245
28
179
231
50
7c2112126313
34
6574721
32
11
2
5711
14
160
211
Loansand dis-counts,includ-ing re-
dis-counts
10,8941,1804,941
41,37013,19920,968
92, 552
51,40138,38589, 6193,910
183,315
16,46713,3143,3463,0951,7612,0963,4753,018
13,1757,4931,6125,111
73,963
22, 29212,90415, 7119,845
17,7612,3452,122
82,980
7231,373
2,096
9,85824,438
1,4641,735
37,495
472,401
604, 680
Invest-ments
13,1941,7412,902
35,8539,018
10,804
73,512
51, 73350, 57774,169
1,096
177, 575
7,7377,6363,2691,5851,945
9862,4921,9128,5997,467
8817,709
52, 218
10,85816,00323, 2147,520
17, 3644,0692, 834
81,862
1,5893,627
5,216
11, 23418,1623,9811,672
35,049
425,432
581, 223
Totalassets
33,6533,4299,220
95,31926,00640,402
208,029
121,849105, 278202,122
6,092
435,341
29,89926,5508,6476,5335,3544,7176,8968,141
32, 02218,9803,163
23, 221
174,123
43,12542,99753, 62626,04246,8539,9306,872
229,445
4,2386,569
10,807
28,82355,0869,3405,839
99,088
1,156,833
1, 585,372
Capital
2,600500
1,3006,7002,4002,850
16,350
9,7505,455
13,810500
29,515
3,7502,7501,100
500800
1,000500
1,1003,7001,600
5001,650
18,950
3,0002,8203,7502,7103,8501,200
500
17,830
500500
1,000
2,6003,850
500500
7,450
91,095
121, 030
Surplus,profits,and re-serves
for con-tingen-
cies
1,13682
4785,0802,1842,747
11,707
6,0266,038
18,764183
31,011
1,0621,582
439330211199334181
1,6561,174
750592
8,510
3,1412,0571,9201,1143,687
489318
12, 726
134231
365
9912,514
139424
4,068
68,387
91,214
Cir-cula-tionout-
stand-ing
1,393250750
2,9971,8461,093
8,329
6,9753,714
10,921397
22,007
2,8431,800
550200785375300412
2,5441,175
2261,000
12, 210
2,2441,8003,1961,8003,188
771250
13,249
250500
750
2,1493,098
300402
5,949
62,494
79, 632
Totaldeposits
28,4042,5976,641
79,63119,48133,362
170,116
94,44788,338
157,4185,011
345,214
21,69719,7136,5545,4753,5483,1324,3336,440
24,07314, 4631,686
19,966
131, 080
33,15436, 26944, 62618,34236,0197,4245,729
181, 563
3,3545,329
8,683
22, 57843,8628,1014,504
79,045
915, 701
1, 270,311
CAPITAL STOCK OF $1,000,000 BUT LESS THAN $5,000,000
CENTRAL RESERVE CITIES
New YorkChicago
Total central reservecities __ . .
35
8
9,22332,485
41,708
29,70739,185
68,892
50, 565140,052
190,617
4,4298,500
12,929
2,9243,587
6,511
3,2982,150
5,448
39,143125,411
164, 554
106093—35- -17Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
246 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 21.—Principal items of assets and liabilities of licensed national banks,classified according to capital stock, Dec. 30, 1933—Continued
CAPITAL STOCK OF $100,000,000 BUT LESS THAN $5,000,000—Continued
[In thousands of dollars]
Location
OTHER RESERVE CITIES
Boston _Brooklvn and BronxPhiladelphiaPittsburghBaltimore.WashingtonRichmondAtlantaJacksonville—New OrleansDallasFort Worth _Galveston _Houston..San AntonioWacoLouisville-MemphisCincinnati.ClevelandColumbusIndianapolisPeoriaDetroit.MilwaukeeMinneapolisSt. Paul..Des Moines .Kansas City, MoSt. LouisOmahaWichitaDenverOklahoma CityTulsaSeattleSpokanePortland _Los AngelesSan FranciscoOgden
Total other reserve cities..
COUNTRY BANKS
M assachusetts _Rhode IslandConnecticut
Total New EnglandStates
New YorkNew Jersey _Pennsylvania
Total Eastern States
VirginiaWest Virginia .-Smith CarolinaFloridaAlabamaLouisiana-Texas .Kentucky.. _Tennessee...
Total Southern States—
oer ofbanks
42612321331
1621
£
11
31111
2I
2
2
•
81
1
12
24
2
Loansand dis-counts,includ-ing re-
dis-counts
76,4092,315
125,55311,93712,89827,66823,4237,879
13, 79660,3396,384
23,3993,432
42,3238,5454,597
19,43433,9405,609
25, 03134,81121, 7137,655
11, 6716,9705,2734,3709,292
22,3007,930
19,9315,163
20,7994,719
11,49121,838
1,81631, 63333,8483,6685,618
827,420
38, 2295,633
57, 724
101, 586
61,09593,93746,794
201, 826
37, 66515,142,83
10,11418,0813,852,7947,06
13,199
120, 743
Invest-ments
53,4441,899
93,10311, 25486, 69446,00726,013
6,88838,99846,1314,833
13,9154,884
57,95314,8194,119
28, 76228,2354,114
45, 22239,19831,0136,927
24,91912,9744,3008,511
10, 33343,49116,18132,15219, 06348, 095
5,0509,554
29, 2143,177
75,40166, 2993,1814,565
1,110,885
43,0157,496
39, 288
89,799
100,03778,52342,973
221, 533
26,688,445,96
21,1717,227,122,552,12
12,848
104,14C
Totalassets
183,0646,975
298,14430,501
138, 694104,37765, 29522,14872,016
146, 29616,48459, 58410,076
159,08835,58412,42369,82894,15712,0*^588,06698,19593,16421, 37460,87525, 67512, 37119,10731, 454
104,84531, 68977,88836, 282
105,96613, 89134,38566,15310, 737
140, 908114,488
8,35713,141
2, 745, 570
106,91615,315
137, 675
259,906
193,210224,172111, 099
528,481
88,20033,16513,97443, 59249, 26532, 8199,648
11,3136, 062
318, 037
Capital
7,5002,316
16,1262,0005,5005,0504,0001,0006,0008,2002,0004,0001,0008,5003,2001,0002,0005,5001,0008,7007,2006,0502,0003,0002,2001.0002, 5004,5004,2502,5005,3502,0005, 5001,7002,5005,0001,0006,5005,0001,0001,100
166, 442
7,7701,500
10, 010
19,280
10,56314, 5988,500
33, 661
8,0003,062l,80C3,9503,002,00C1,001,003,00
26,812
Surplus,profits,and re-serves
for con-tingen-
cies
13,9401,139
32,9545,1117,7894,3803,623
6121,8465,488
3331,759
1656,8171,615
2824,0475,319
8272 4235,5795,1021, 3152,0631,148
237203648
3,793906
1,5591,8193,395
356457
3,161263
4,2325, 547
193360
142,805
7,4162,1888,961
18, 565
12,30812, 56516,427
41, 300
4,3112,088
201,3013,245
525208928
1,128
13, 754
Cir-cula-tionout-
stand-ing
990400
4,672500
4,5005,0431, 000
3003, 6135,000
5001, 500
9857,3362,1831,0001,9504, 500
8231,9854,9003,0002,000
1,70049449799^595101
2,0001,0003,985
60099$
3,367500
6,4915,0001,000
400
88,403
5, 5121,4914,561
11, 564
8,7989,2994,696
22, 793
7,9922,4501,0002,7463,00C2,0001,000
9902,976
24,154
Totaldeposits
156,7213,102
239,63122,846
120,14289,68856, 38620,13360,460
126,10613, 59852,1547,909
135,95128,36910,14061,41178, 6709,223
74,81280,25478,77816,05955, 55620,48710, 54315,81525,14596,15928,11468, 77431,33192, 67411,21930,11654,0478,967
122,92498,339
5,79211,183
2,329, 728
83,96710,004
112, 790
206,761
160,809184, 45680, 778
426, 043
67, 33525, 53211, 09435,50838,16127,6437,4188,363
28, 637
249, 691Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OP THE COMPTROLLER OP THE CURRENCY 247
TABLE NO. 21.—Principal items of assets and liabilities of licensed national banks,classified according to capital stock, Dec. 30, 1933—Continued
CAPITAL STOCK OF $1,000,000 BUT LESS THAN $5,000,000—Continued
[In thousands of dollars]
Location
COUNTRY BANKS—continued
Ohio „IndianaMichigan. . _WisconsinMinnesota __
Total Middle WesternStates __
Washington..California
Total Pacific States
The Territory of Hawaii (non-member bank)
Total country banks _ _ _
Total United States
Num-ber ofbanks
42222
12
11
2
1
72
161
Loansand dis-counts,includ-ing re-
dis-counts
24,7947,0998,784
10,41311, 772
62,862
6,00911,326
17, 335
16, 691
521,043
1,390,171
Invest-ments
13,5368,7409,5347,247
12,086
51,143
4,5097,711
12, 220
13,632
492,467
1, 672,244
Totalassets
51,64122,63525,99624,15036, 069
160,491
14, 66723,876
38,543
38,933
1,344,391
4, 280, 578
Capital
4,2502,2502,2502,0004,000
14, 750
1,0001,000
2,000
3,350
99,853
279, 224
Surplus,profits,and re-serves
for con-tingen-
cies
2,999531965944
1,639
7,078
985835
1,820
1,703
84,220
233, 536
Cir-cula-tionout-stand-ing
3,8701,7401,3501,2002,000
10,160
7001,000
1,700
3,123
73,494
167,345
Totaldeposits
39,79217,20121,33419, 67728, 248
126, 252
11,96521,002
32,967
30,703
1,072,417
3, 566, 699
CAPITAL STOCK OF $5,000,000 BUT LESS T H A N $25,000,000
CENTRAL RESERVE CITY
New York ,
OTHER RESERVE CITIES
BostonPhiladelphiaPittsburghAtlantaSavannahBirminghamDallasNashvilleCincinnatiClevelandDetroitMilwaukeeMinneapolisSt. PaulSt. LouisOklahoma CityTulsaSeattleLos AngelesSan Francisco
Total other reserve cities.
COUNTRY BANK
Pennsylvania
Total United States
172,261
79,05396,97179,99134, 26834,97627,24764,13426, 69225,24646,10183,99769,96988,76141, 59462, 78816,14917, 63922, 61354,917160, 777
26 1,133,883 1, 089,893
26, 594
30 1, 332, 738 1, 532,099
399, 261
51, 544123,179250,32233,71214,99313,44936,93610,97921, 52030,56489,14044,92459,60537,78654, 35119,9509,34848,34623, 041116, 204
42,945
696,621
192,287312,761411,12893,02770, 00457,347154,99845,68270, 29399,284215, 549153, 597216, 554112,948177,14451,44539,72988, 45798,817360, 202
3, 021, 253
80, 263
3,798,137
25,250
20,00014,00019,5005,4005,00010,00014,0007,0006,0005,00017,50010,00011,0006,00012,0005,0006,0008,0005,00029,900
216,300
5,000
246,550
103,358
11,92623,90140,4775,3662,7325,5926,118381
4,9583,0958,2066,9448,7514,7454,7381,5602,1871,9827,35118,063
169,073 103,908
3,750
276,181123,839
14,931
7,48117,3954,"3,2852,5007,0273,000699
5,000
10,0006,1072,0881,0004,9661,0007,0002,00018, 511
5,000
536,992
151,403254,136330,85777,02458,74838,811125,36629,72458,09885,388189,693125,921189,15798,116158,58239, 91928,01771,12582,688290,960
2,483, 733
66,493
3,087,218
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
248 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 21.—Principal items of assets and liabilities of licensed national banks,classified according to capital stock, Dec. 80, 1988—Continued
CAPITAL STOCK OF $25,000,000 BUT LESS THAN $50,000,000
[In thousands of dollars]
Location
CENTRAL RESERVE CITIES
Chicago,.- _
OTHER RESERVE CITIES
Boston.. ._ .__Los Angeles .
Total other reserve cities.
Total United States
Num-ber ofbanks
1
11
2
3
Loansand dis-counts,includ-ing re-
dis-counts
199,823
255,163248, 759
503,922
703, 745
Invest-ments
155, 771
164,599143, 719
308, 318
464,089
Totalassets
644,934
591,291505,340
1,096. 631
1, 741,565
Capital
25,000
44,50030,000
74, 500
99, 500
Surplus,profits,and re-serves
for con-tingen-
cies
20,853
41,44322,991
64, 434
85, 287
Cir-cula-tionout-
stand-ing
$12,025
12,025
12, 025
Totaldeposits
582,865
483, 663438, 328
921,991
1, 504,856
CAPITAL STOCK OF $50,000,000 OR MORE
CENTRAL RESERVE CITIES
New York.Chicago
Total central reserve cities
OTHER RESERVE CITY
San Francisco
Total United States
Grand total United States
2 1,155,8421
3 1,425,3111,056,326
456,166
4 1, 881, 477 1, 366,127
814,425241,901
309,801
2,866, 632746, 724
3, 613,356
929, 775
4, 543,131
272,00075,000
347,000
50,000
397,000
5,159 8,104, 209 7,870, 772 21, 747, 483 1, 588, 250 1, 313, 916 778, 566 17, 589,882
150,48625,351
175, 837
54,912
230, 749
43,120
43,120
45,500
88, 620
2, 200,871620,910
2,821, 781
765,913
3, 587, 694
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
TABLE NO. 22.—Number and amount of deposits in licensed national banks at the close of business May 13, 1933, by Federal Reserve districts
[Amounts in thousands of dollars]
Location
MaineNew HampshireVermont . .MassachusettsRhode IslandConnecticut
Total district no. 1..
ConnecticutNew York.New Jersey
Total district no. 2
PennsylvaniaNew JerseyDelaware
Total district no. 3
PennsylvaniaOhioWest VirginiaKentucky
Total district no. 4
MarylandDistrict of ColumbiaVirginiaWest VirginiaNorth CarolinaSouth Carolina
Total district no. 5
Numberactive
b a n k s i
244831
1271046
286
11406136
553
4427315
530
159208
648
421
408
121553215
271
Numberreporting
banks
244831
1271046
286
11406136
553
4427315
530
159208
648
421
408
121553215
271
Balances not exceed-ing $2,500
Number
102,035107, 71569, 041
866,15131, 590
222,104
1,398, 636
57,9982,342, 535
797, 655
3,198,188
1, 841, 688310, 010
26, 878
2,178, 576
717,989931,475
27,114151, 297
1, 827,875
155, 409129, 237542, 597275,142123,63653,189
1, 279, 210
Amount
26,14519,92214,860
209, 6278,751
50, 511
329, 816
13, 777494, 369178, 063
686, 209
354, 47851, 5965,101
411,175
138, 457168,828
4,45722, 569
334, 311
40, 57028, 06786, 41831, 57214, 9726,333
207,932
Over $2,500 and notexceeding $5,000
Number
3,1421,7101,461
22, 9891,3284,735
35, 365
1,42151, 07731,096
83, 594
38, 0264,884
647
43,557
15, 23412, 760
5422,120
30, 656
4,8832,9547,8252,429
986462
19, 539
Amount
10, 5875,9055,042
79, 2354,721
16, 460
121, 950
4,904178,16159, 236
242,301
125,32316,8382,256
144,417
52,83444,314
1,8737,398
106,419
17, 09710, 27626, 7298,3243,3361,576
67, 338
Over $5,000 and notexceeding $10,000
Number
1,296733557
10,915665
2,095
16, 261
58426,0727,321
33, 977
15, 7002,108
345
18,153
6,7915,900
229953
13, 873
2,6351,5193,3501,025
482268
9,279
Amount
8,4304,8503,695
74,5604,508
14,052
110,095
3,682178, 38049, 585
231, 647
106,13114,1762,352
122, 659
45,90339,947
1,5566,526
93, 932
17,83310,33822,9476,9493,2381,846
63,151
Over $10,000 and notexceeding $50,000
Number
581426220
8,279400
1,194
11,100
34819,1623,130
22, 640
8,380985127
9,492
4,2024,081
99449
8,831
1,6781,0981,945
574370149
5,814
Amount
10, 5867,6773,773
173, 4077,649
22, 778
225, 870
6,730388,356
61,800
456,886
160, 34817, 3452,138
179,831
81, 33880, 502
2,0677,899
171,806
31, 96721, 54437, 50410, 6426,8912,722
111,270
Over $50,000
Number
687112
2,50167
251
2,970
556,856
330
7,241
1,73013115
1,876
1,224845
930
2,108
3212563069238
125
1,138
Amount
7,5728,998
970469, 721
- 8,43250, 684
546,377
5,7402, 024, 635
53, 777
2, 084,152
351,81631,223
2,013
385, 052
246,046129, 571
6763,071
379, 364
65,13245, 06846, 57814, 8403,5202,703
177, 841
Total
Number
107,122110,65571, 291
910,83534, 050
230, 379
1, 464, 332
60, 4062,445, 702
839,532
3,345, 640
1,905, 524318,11828,012
2, 251,654
745, 440955,06127,993
154,849
1,883,343
164,926135, 064556,023279, 262125,51254,193
1, 314,980
Amount
63,32047,35228, 340
1, 006, 55034,061
154, 485
1, 334,108
34, 8333, 263,901
402, 461
3, 701,195
1, 098, 096131,17813,860
1, 243,134
564,578463,162
10, 62947, 463
1, 085,832
172, 599115,293220,176
72, 32731, 95715,180
627, 532
i Exclusive of 5 nonmember national banks in the territories of Alaska and Hawaii which were also active May 13, 1933.
oo
1-3
W
toCO
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
TABLE NO. 22.—Number and amount of deposits in licensed national banks at the close of business May 18, 1983, byFederal Reserve districts—Continued
[Amounts in thousands of dollars]
Location
TennesseeMississippi -AlabamaGeorgia --FloridaLouisiana
Total district no. 6 .
MichiganIllinoisIndianaWisconsinIowa
Total district no. 7
IllinoisIndiana _MissouriKentuckyTennessee _MississippiArkansas
Total district no. 8
MontanaNorth DakotaSouth DakotaMinnesotaWisconsinMichigan
Total district no. 9
Numberactivebanks
551266474412
236
30146675284
379
84365338129
45
277
476763
2003119
427
Numberreporting
banks
551266474412
236
30146675284
379
84365338129
45
277
476763
2003119
427
Balances not exceed-ing $2,500
Number
230,64564, 265
330,086466,946226, 644153,072
1,471, 658
202, 2361, 283, 397
277,027448,164207, 200
2,418,024
164,93889,468
285,360166, 693179, 28622,933
101,537
1,010, 215
74,10892,38481,997
727,19459,35558, 217
1, 093, 255
Amount
30, 65710,35134, 58247,07432, 70720,517
175,888
48,400224,18440,19774, 26034,151
421,192
29, 27615,90654, 29624, 96420, 6372,956
15, 495
163,530
16,36416,98613,170
137,14012, 52612,846
209,032
Over $2,500 and notexceeding $5,000
Number
2,5791,0323,0835,3012,9381,974
16,907
4,66223, 3203,2886,3272,782
40,379
2,2181,1846,2862,0351,984
2221,409
15,338
1,5181,3571,056
12, 5521,0611,472
19, 016
Amount
9,2473,584
10,46414,08010, 3657,001
54, 741
16, 27881,41011,36221, 7369,487
140, 273
7,4734,143
16,8086,9256,936
8094,901
47,995
5,6804,7253,669
43,8843,5785,035
66,571
Over $5,000 and notexceeding $10,000
Number
1,215495
1,4962,0361,557
998
7,797
2,07612,5171,5362,7291,429
20, 287
880533
2,255992
1,107101671
6,539
827637503
5,669424624
8,684
Amount
8,2073,425
10,42013,69410,9306,932
53, 608
14,13886,54110,13618,4079,628
138,850
6,0293,609
14,6066,3447,506
6814,617
43,392
5,5464,1943,440
38, 5512,8214,061
58, 613
Over $10,000 and notexceeding $50,000
Number
798318
1,0201,4761,293
737
5,642
1,42010,2641,2051,9761,090
15,955.
590369
1,915751802
50463
4,940
487349331
3,853186267
5,473
Amount
15,9555,877
19,16730,33324,42416, 410
112,166
27,551209, 70523,06639,40122,100
321,823
10,9817,541
38, 76615,32315,967
8149,073
98,465
9,3596,6056,691
76,8713,3114,576
107,413
Over $50,000
Number
15330
141419264184
1,191
3233,133
270391189
4,306
10857
4921681211070
1,026
794860
7972526
1,035
Amount
21,8473,950
25,55167, 82055, 46428,317
202,949
96,323751,67742, 74565, 61831,901
988, 264
15,1166,659
91,20623,48816, 037
88410,105
163,495
9,9035,3888,597
147, 4302,5732,205
176,096
Total
Number
235,39066,140
335,826476,178232,696156,965
1,503,195
210, 7171,332,631
283,326459, 587212, 690
2,498,951
168, 73491, 611
296,308170,639183, 30023,316
104,150
1,038,058
77,01994, 77583,947
750, 06561,05160, 606
1,127, 463
Amount
85,91327,187
100,184173,001133,89079,177
599,352
202,6901, 353, 517
127,506219,422107, 267
2,010,402
68,87537,858
215,68277,04467,0836,144
44,191
516,877
46,85237,89835, 567
443,87624,80928, 723
617, 725
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Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
WyomingColorado. __ ._NebraskaKansasOklahomaMissouriNew Mexico _. _
Total district no. 10
TexasOklahoma . .LouisianaNew MexicoArizona
Total district no. 11
WashingtonOregonCalifornia .IdahoUtahNevadaArizona
Total district no. 12
Total United States
Ratios (percent)Average deposit account
2573
12919820730
6
668
45098
163
486
6357
135221465
302
4,836
2573
12919820730
6
668
45098
163
486
6357
135221465
302
4,836
54,006245, 744275,485367,965445,664118,591
19,192
1,526,647
1,169,05510,55723, 65522,88111,185
1, 237,333
252, 693290,527
2,453,85330,36851,78812,32917, 579
3,109,137
21, 748, 754
96.76
8,77451, 38147,58153,17355, 55125,7533,204
245,417
174,1201,1386,5512,7802,463
187, 052
45, 21853,837
491,8705,6728,8503,1863,524
612,15
3,983,711
26.72$183.17
8174,4573,6763,6664,3332,427
251
19, 627
15,35460
607181138
16,340
3,9374,458
48,412422836375256
7 58, 696
399,014
1.78
2,83915,62112, 43812, 29915, 20112,363
932
71, 693
53,653208
2,541617482
57,501
13,68315,455
167,1811,5013,0481,332
901
203,101
1, 324,300
8.88$3,318. 93
3602,0331,8691,7692,3191,353
121
9,824
7,99727
4149359
8,590
1,8311,878
22,653189461186113
27,311
180, 575
.80
2,58314,19212, 69512, 26315,8269,476
817
67,852
55, 480208
2,872658412
59, 630
12, 71912, 665
153,4071,2623,0771 238
821
185,189
1, 228, 618
8.24$6,803. 92
2781,3551,5691,3482,0921,355
91
8,088
6,10546
3436244
6,600
1,3281,012
12,566111282
6589
15,453
120,028
.53
5,77825,10030,94628, 25342, 29928, 501
1,835
162,712
118, 217984
6,6711,157
878
127,907
26, 56819, 245
233,9122,1665,6591,1201,512
290,182
2,366, 331
15.87$19,714. 82
52338283,236485317
17
1,728
1,0913
591116
1,180
278233
1,960175298
2,557
28, 356
.13
5,88056, 54438, 29227,76082,43349, 689
2,638
263, 236
150,404364
8,1421,1974,452
164, 559
41, 58847, 742
374, 0631,9788,270
774592
475,007
6, 006, 392
40.29$211,820.85
55,513253,927282,882374,984454,893124,043
19,672
1,565,914
1,199,60210,69325,07823, 22811,442
1, 270,043
260,067298,108
2,539,44431,10753,41912,96418,045
3, 213,154
22,476, 727
25,854162,838141,952133,748211,310125,782
9,426
810,910
551,8742,902
26,7776,4098,687
596,649
139,776148,944
1,420,43312,57928,9047,6507,350
1, 765, 636
14,909,352
$663. 32
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NOTE.—Figures in the foregoing table were obtained pursuant to a resolution adopted by the Committee on Banking and Currency of the United States Senate May 13, 1933,directing the Comptroller to issue by telegraph the necessary call on national banks for the information and to require telegraphic response.
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Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
TABLE NO. 23.—Number of depositors and amount of deposits of the 5,057 licensed national banks, grouped according to size and class of totalbalances, Oct. 25, 1933
DEPOSITS NOT EXCEEDING $2,500
[Amounts in thousands of dollars]
Location
CENTRAL RESERVE CITIES
New YorkChicago - -
Total central reservecities
OTHER RESERVE CITIES
Boston - -Brooklyn and Bronx.BuffaloPhiladephiaPittsburghBaltimoreWashingtonRichmondCharlotteAtlantaSavannahJacksonville - _BirminghamNew OrleansDallasEl Paso - -Fort WorthGalvestonHouston - .
Totals
Numberof depos-
itors
1,083,081869, 272
1,952, 353
297, 59535, 3611,925
215,915233,55250,943
163, 53661,84628,723
199,895124,467107,41966,838
267,731104,90320, 24597,37931,045
161, 988
Amountof de-posits
196, 763157,462
354, 225
86,1148,167
38446, 78338,75118, 70230, 7989,9853,065
20,04813, 3508,8585,584
21,70019,5424,109
10,8865,364
24,428
State, county,and municipal
funds
Num-ber of
deposi-tors
278219
497
813
12591
347239
1175
233
6
Amountof de-posits
114136
250
531
9272
243923
39693
20
United StatesGovernment
deposits
Num-ber of
deposi-tors
1
1
Amountof de-posits
2
31
Postal Savings
Num-ber of
deposi-tors
1
1
Amountof de-posits
1
Deposits ofother banks
Num-ber of
deposi-tors
3,1733,039
6,212
429
422290103338574
142915134
289124158544
117
Amountof de-posits
2,1061,652
3,758
328
4612617953621
130624725
217108197640
110
Certified andcashiers' checksand cash letters
of credit out-standing
Num-ber of
deposi-tors^
122,54044, 035
166, 575
5,85940527
2,83378,586
8585,3491,411
3051,611
663967637
6,2314,4261,0161,741
3023,337
Amountof de-posits
7,0363,570
10,606
1,242892
4781,836
1671747028
110629141
28949010120359
323
Other deposits
Active accounts
Numberof depos-
itors
857,573574, 724
1, 432, 297
275, 22234, 5011,898
187,444135,91543,061
127,86946,40119,841
127, 55171,63466, 78626,662
144, 39775,85615,996
* 76,41121,02595,981
Amountof de-posits
185,204148,330
333, 534
83,4358,027
38244,93636,30418, 32430,1019,7512,990
18,76312,8508,3695,101
20,19718, 5263,904
10, 3725,141
23, 515
Dormant ac-counts 2
Num-ber of
deposi-tors
99,515247,255
346,770
16,004452
25,20418, 7566,912
29,97913,9778,573
70,55752,00739,57639, 505
116,69724,4923,195
19,1399,674
62, 547
Amountof de-posits
2,3033,774
6,077
1,05650
89934812546810246
1,021337326417958412
73231124459
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San AntonioWacoLouisvilleMemphisNashvilleCincinnatiClevelandColumbusIndianapolisChicagoPeoriaDetroitGrand EapidsMilwaukeeMinneapolisSt. PaulCedar RapidsDes MoinesDubuqueSioux CityKansas City, MoSt. JosephSt. LouisLincolnOmahaKansas City, KansTopekaWichitaHelenaDenverPuebloOklahoma CityTulsaSeattleSpokanePortlandLos AngelesOaklandSan FranciscoOgdenSalt Lake City
Total other reservecities
1 Represents the number of checks and letters of credit outstanding, the amount not exceeding $2,500 each.2 Represents deposits from which no withdrawals and to which no credits have been made (other than interest credited to such accounts) since Jan. 1, 1929.
72,86844,10061,788153,14188, 28843, 646116, 212133,37369,06252,63762,609163,35113, 300150, 456208,389105,95521, 34243,49818,17336, 42899.48929,891194, 52047,08884,81717,65927, 77834,4706 203
134,05614 31781,65585, 779118,99323, 534195,231646,4739,021
1,469, 2933,17333,054
7, 286, 416
9, 238, 769
11,7904,66612, 56015,99610,47912, 26129,52617,12311,9507,84610,30833,9072,77828,03536, 25524, 5153,7667,3821,7503,21817,4305,36637,4335,40016,0563,2213,9846,8311,514
26, 6612,69011,4088,87922,8993,189
40, 234155,2411,446
261,799750
6,560
1, 301, 720
1, 655,945
2131894412362
945224550256132317
3264520
301
14424865
987
62
25
1,170
1,667
2621121415192
1136112238175111015
1232012
1
9233478477
73
13
753
1,003 1
1
33
7
2
324
2
1
2
6
69
69 1
1
2
2
531512766945665531552204201403372222560396465116228772983853721371989701083875100
293620
6,487
12, 699
120121147196595455127
1821288386190354139141312821371278355176134811936395265976
2451116
5,674
9,432
1,250402
1,374857
1,176397
5,6131,7292,0341,571757
10, 512113
2,3999,7152,3431,4921,387101410
2,051258
3.8111,1652,898383591
1,185192
3,268399
4,4192,5684,7531,0723,41127, 535
27187, 427
142893
310, 888
477,463
1535519818111593628316258128857343924092132056213217243032340107319277218219
4103733321347090389
2,57022
5,4031795
22, 258
32,864
47,43232,81053,512121,99156,29337,67788,040126, 29059,66443,33552,044142,49413,145143, 241170,73982,93216, 69839,42313,22031,42479,16117,909122,85031, 71069,51014,34117,84431,6805,033
110,4458,38353,47155,48499,11620, 811168, 255597, 2048,724
1, 281, 6352,722
25, 584
5, 788, 727
7, 221,024
11, 2984,46712,16815, 24410,04511,93428,35016, 38611,4827,6549,93333,0622,71627,28734,67823,0533,5377,0271,6843,01916,4345,111
36, 3635,12615, 3043,0713,7876,5171,475
25,8242,555
10, 7448,20721, 8252,999
39, 202150,3061,422
250,028715
6,267
1, 249, 294
1, 582,828
24,11210,8706,75730,21830,7215,51222,4825,2657,2077,7299,77910,296
4,63127, 54820,4333,1212,6154,8264,48117,81211,60567,60514,09112,0912,8979,2601,532965
20, 2585,48423,67227,64915,0101,608
23, 39221, 627
2699,876
3036,532
1,179,144
1,525,914
19213069498222171446347816425473
39823093513088282115292494761438867547
3706223539250266537
2,2822
6,0447
169
23, 670
29, 747
toOr00
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
TABLE NO. 23.—Number of depositors and amount of deposits of the 5,057 licensed national banks, grouped according to size and class of totalbalances, Oct. 25, 1933—Continued
DEPOSIT NOT EXCEEDING $2,50O-Continued
[Amounts in thousands of dollars]
o
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Location
Totals
Numberof depos-
itors
Amountof de-posits
State, county,and municipal
funds
Num-ber of
deposi-tors
Amountof de-posits
United StatesGovernment
deposits
Num-ber of
deposi-tors
Amountof de-posits
Postal Savings
Num-ber of
deposi-tors
Amountof de-posits
Deposits ofother banks
Num-ber of
deposi-tors
Amountof de-posits
Certified andcashiers' checksand cash letters
of credit out-standing
Num-ber of
deposi-tors1
Amountof de-posits
Other deposits
Active accounts
Numberof depos-
itors
Amountof de-posits
Dormant ac-counts 2
Num-ber of
deposi-tors
Amountof de-posits
COUNTRY BANKS
MaineNew HampshireVermontMassachusettsRhode IslandConnecticut
Total New EnglandStates
New YorkNew JerseyPennsylvaniaDelawareMaryland
Total Eastern'States..
VirginiaWest VirginiaNorth Carolina .South CarolinaGeorgia., ..._ —FloridaAlabamaMississippiLouisianaTexas
172,987127,87294, 476
683, 86831,391
303,153
41,90621, 24719, 414137,9238,42565, 695
3473813442558
149
2512861421637
111
432
108
76
1,9961,9301,1986,506427
3,916
2041476575651423
141, 30491, 20580,072573, 59425, 297
249, 542
40, 21020, 30518, 507134,0248,21463, 298
29, 31534,34212, 850103,4285,65249,473
1,220473602
2,770144
1,741
1,413, 747 294, 610 1,484 125 118 216 253 15,973 1,646 1,161,014 284, 558 235,060 6,950
1,516,6451, 224, 9812, 245, 417
25,641167, 779
305, 528221,955413,0295,38431,116
5,037821
2,71021124
2,500619
2,05723141
344226734926
223118413837
13,8576,58214, 286
118997
1,232776
1,5471074
1,226, 8781,008,0021, 852, 641
22, 769134, 518
292, 871215, 588399, 5385,215
29, 653
270,529209, 350375, 0462,72432,114
8,6334,8289,382
1141,209
5,180,463 977, 012 8,713 5,340 173 30 799 35, 840 3,639 4, 244, 808 942, 865 889, 763 24,166
580, 476353, 658135,08096, 336155, 837170, 643304,114124, 213136, 202900, 285
80,15239, 34216, 3668,79315, 35721, 26531, 05614, 53416, 232
112, 772
18580749137725322580258
1,540
14765487020927813932127860
3446655575852785972509
2924830355346676958
459
4,8182,2822,2871,665812
2,8842,8381,0262,018
12, 845
381246140768328916984142
1,274
449, 497241, 65499, 62659,44498,911103,488196,79682, 70877, 282685,940
77, 23337,98615, 8318,49414, 73820, 25930,15114, 08914,895108, 405
125, 632109, 57633,03835,07955, 67963, 966104,17740, 34056, 572199,451
2,075993309117258386511250
1,0031,729
1-3
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9
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Arkansas - - -KentuckyTennessee
Total Southern States-
OhioIndianaIllinoisMichiganWisconsinMinnesotaIowaMissouri
Total Middle WesternStates
North DakotaSouth DakotaNebraskaKansas ~MontanaWyoming _. _ColoradoNew MexicoOklahoma
Total Western States
Washington __OregonC a l i f o r n i a ___I d a h o _ _ _ _ _ _UtahNevada _ -Arizona
Total Pacific States __
Alaska (nonmember banks)The Territory of Hawaii
(nonmember bank)Tota l (nonmember
banks)
Total country banks.
Total United States..
130, 512290, 267194, 663
572, 286
689,045355,293626,895222,929368 371415,423147,467193,511
, 018,934
102, 28689, 517
162,237344,428
75,96277, 892
151,20754,975
413,699
1, 472, 203
185,817107, 619289,797
40,49018, 20918,91327,933
688, 778
7,318
68, 731
76, 049
15,422,460
24,661,22
15 85836, 86926, 332
434,928
113,31851,63396,80941,39363,08477,36225,35124,631
493, 581
17,83013, 94027,70742,51915,8939,717
19,9767,726
43, 565
198, 873
27, 83817,92861, 7866,4932 1233,5915,060
124,819
1,975
9,432
11, 407
2, 535,230
4,191,175
322324100
3,909
1,051267
1,5261,0041,4183,672
961247
10,146
6971,6851,5302,376
3120012855
353
7,055
75858
2410429
651
1,147
7
7
32,461
34,128
176228
77
2,456
934306
1 173580852
1,319601206
5,971
403700417880
331129865
226
2,934
61270
248136
659
537
4
4
18,202
19, 205 1
325
8
158
2811222013171613
140
711211747
102
14
93
61392
1
31
720
789 1
73
29
6
182
2
28
18
94
11
33
42
6
244
246
507780
1,557
68105235
73244166
33100
1,024
1017066
1952617141677
582
28153512
12
11104
2
2
4,824
17,523
416872
1,338
70139235
4587
1962876
876
7510997
2012715161477
631
31174216
167
174
1
1
4,072
13, 504
3 471933
1,372
39, 251
5,8593,6365,8822,8348,3128,8141,6881,190
38, 215
2,3752,6642,1543,9132,0221,2982,0931,982
12,296
30, 797
3,2641,5899,324
911268493973
16,822
64
952
1,016
177,914
655,377
135115146
3,280
630340565324440
1,004208151
3,662
264288205300216134154137753
2,451
279143849
81186485
1,519
11
95
106
16, 303
49,167
84 473233, 371150,395
2, 563, 585
589,746277,086506 189193,259300 048344,320129, 563149, 341
2, 489, 552
81,49773, 307
136,659262,042
64,60452,682
107,17643,142
278, 545
1,099, 654
146,13295, 277
257,80831, 24315 05112,92024,176
582,607
7,055
61, 525
68, 580
12,209,800
19,430,824
15 21935,40025, 653
418, 353
109,87650,10593 51839,89960 49574,13024,06823, 677
475, 768
16,87812,65326,65140,47415,4019,265
19,3727,401
41,465
189, 560
27,02717, 24259,791
6,2232 0163,4214,767
120, 487
1,946
9,241
11,187
2, 442, 778
4,025, 606
42,19655, 56242,716
963,984
92,32174,199
113 06325,75958 34958,45115,22242, 633
479,997
17, 61611, 79121,82875,9029,279
23,69541,7969,780
122,428
334,115
36, 3189,880
22,6068,2202 8605,4922,722
88,098
190
6,254
6,444
2,997,461
4,523,375
2841,026
373
9,314
1,774732
1,278523
1,197694430508
7,136
203179315639212175322107
1,019
3,171
434239
1,06990539981
2,065
13
96
109
52,911
82, 658
1 Represents the number of checks and letters of credit outstanding, the amount not exceeding $2,500 each.2 Represents deposits from which no withdrawals and to which no credits have been made (other than interest credited to such accounts) since Jan. 1, 1929.
toOr
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
TABLE NO. 23.—Number of depositors and amount of deposits of the 5,057 licensed national banks, grouped according to size and class of totalbalances, Oct. 25, 1933—Continued
DEPOSITS OVER $2,500 BUT NOT EXCEEDING $10,000
[Amounts in thousands of dollars]
Location
CENTRAL RESERVE CITIES
New YorkChicago
Total central reservecities
OTHER RESERVE CITIES
BostonBrooklyn and BronxBuffaloPhiladephiaPittsburghBaltimoreWashingtonRichmondCharlotteAtlantaSavannahJacksonvilleBirminghamNew OrleansDallasEl PasoFort WorthGalvestonHoustonSan Antonio
Totals
Numberof depos-
itors
34,52729,749
64,276
15,98287551
8,4577,8223,2994,8711,650
4122,4791,9601,367
9763,2393,607
6611,8801,0013,8351.679
Amountof de-posits
167,170139,974
307,144
74,8644,025
20941,44436,17117,43022, 3198,8271,999
11, 5339,2386,5494,644
15, 45817, 3733,0859,1484,673
17,8547.432
State, county,and municipal
funds
Num-ber of
deposi-tors
4454
98
464
155221
1314152
16181
229
Amountof de-posits
239281
520
25622
962517135
6967996
868
4110
9144
United StatesGovernment
deposits
Num-ber ofdeposi-
tors
Amountof de-posits
10
8539
11
6
4
Postal Savings
Num-ber of
deposi-tors
Amountof de-posits
5
5
5
Deposits ofother banks
Num-ber of
deposi-tors
1,8121,696
3,508
3494
5213177948649
1551326243
20517919
12962
15575
Amountof de-posits
9,68911,342
21,031
1,97817
3,0261,906
48726940943
904756390243
1,1791,041
97779361927482
Certified andcashiers' checksand cash letters
of credit out-standing
Num-ber of
deposi-tors^
1,264636
1,900
2013
95353524103
145
201121
1116
276
4723
Amountof de-posits
6,8771,419
8,296
99119
34917414611850156720
10845
11457927
11532
247105
Other deposits
Active accounts
Numberof depos-
itors
31,24527,052
58,297
15,31386251
7,7327,4163,1714,7611,575
4002,2451,7981,265
8982,9543,263
6231,722
9263,5991,551
Amountof de-posits
149,581125,489
275,070
71, 2293, 955
20937, 58933,88316,72221, 7668,3631,933
10, 2668,3545,9234,248
13,91815, 4672,8898,2414,248
16, 5296,687
Dormant ac-counts 2
Num-ber of
deposi-tors
162311
473
732
94491236
52115
224353517
32
Amountof de-posits
7841,443
2,227
4107
37418353
153
2223820
102161278203
26142
1 1 5
Or
O
3
wQOg*4
3
a
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
WacoLouisvilleMemphis _.NashvilleCincinnatiCleveland _.ColumbusIndianapolisChicagoPeoriaDetroitGrand KapidsMilwaukeeMinneapolisSt. PaulCedar RapidsDes MoinesDubuqueSioux CityKansas City, MoSt. JosephSt. LouisLincolnOmahaKansas City, KansTopekaWichitaHelenaDenverPuebloOklahoma CityTulsaSeattleSpokanePortland -Los AngelesOaklandSan FranciscoOgdenSalt Lake City -..
Total other reservecities
Total all reserve cities.
1 Represents the number of checks and letters of credit outstanding, each of which is over $2,500 but not exceeding $10,000.2 Represents deposits from which no withdrawals and to which no credits have been made (other than interest credited to such accounts) since Jan. 1,1929.
7441,4232,7081,4662,4224,5111,8321,909669
1,3004,528215
4,3796,0093,620541
1,019254551
3,106875
5,540701
2,314300452941279
4,419548
1,8541,3623,266335
5,07825,199
14739, 296
127851
203,193
267,469
3,4376,91513,4217,21911,43422, 7088,6529,2182,9016,412
J20,828987
18,18628,06316,4302,5745,0951,1182,61415,2013,95825,7743,44911,1921,3342,3384,3061,28518,9682,5768,7547,31515, 2661,47522,502118, 273
632182, 584
6134,529
954, 811
1,261,955
183211113
818618286210
5
21246163
91351412511
65
8
501
599
10913736265
439526103144321360
20
1357183363122
55420241091015668
411
36
2,841
3,361
16
865
10
5
15
62
6
16
18
47
216
216
10
10
5
9
49
49
1515211113610087115150
33272024857623594928
10861111226816634849639122811910790532479100
2391030
7,476
10,984
86889659841587504780842
214166116
1,4623,3501,33559155639592
3,828600
1,584979
2,023289371477115478119648528308116472547
1,38649184
44,004
65,035
111232028522019614150133128351043113477371038108212463363561745230
445619
2,418
4,318
603
1121081352479995377375610169636158402745762293620745182464493112371415523229437174
1,176
2,17337102
11,938
20, 234
7131,2522,5521,3052,2864,3291 6771,738661
1,2344 333188
4,0385,2733,251435873245425
2,442748
5,213520
1,914239375826255
4,235520
1,6991,2253,086302
4,88424,541
14737,819
111784
190, 818
249,115
3,2745,888
12, 5736,24610,68121, 7537 6798,2632,8536,02819 811
83516,28523,91314,4861,9204,2031 0691,92611,1063,26823,8882,3958,914990
1,8863,7141,15917,9752,3957,8886,48014,3381,30821,491115,008
Gnn
175, 228527
4,165
886,860
1,161,930
5
19373272211
42493
1
6610181
4859752145317
728
10
1,980
2,453
17
64172813423131154
16720419
2
2826386333
2232843332174
2091,474
3,330
42
8,903
11,130
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
TABLE NO. 23.—Number of depositors and amount of deposits of the 5,057 licensed national banks, grouped according to size and class of totalbalances, Oct. 25, 1933—Continued
DEPOSITS OVER $2,600 BUT NOT EXCEEDING $10,000—Continued
[Amounts in thousands of dollars]
Location
COUNTRY BANKS
MaineNew Hampshire .VermontMassachusettsRhode Island. _.Connecticut
Total NewlEnglandStates
New YorkNew JerseyPennsylvaniaDelawareMaryland
Total Eastern"States__
VirginiaWest VirginiaNorth Carolina. ...South CarolinaGeorgia .FloridaAlabamaMississippiLouisianaTexas .
Totals
Numberof depos-
itors
5,8993,6032,426
18,1371,8879,485
41,437
44, 78432,21160, 539
9415,165
143, 640
9,7394,4541,6111,0731,6172,6973,7401,9952,026
11,874
Amountof de-posits
24,43011,58610,46378,7378,696
40,895
174, 807
199,117141,014263,307
4,53322, 469
630, 440
42,14219,3676,8964,9837,452
12,25917,1749,2019,343
53, 752
State, countv.and municipal
funds
Num-ber of
deposi-tors
769980
2075
99
566
1,063307
1,3886
47
2,811
1495632355099
1041365
454
Amountof de-posits
387491396
1,34422
550
3,190
5,7431,6297,535
13306
15,226
85333224319630956159282
3201,950
United StatesGovernment
deposits
Num-ber ofdeposi-
tors
Amountof de-posits
2316
67 '1542
213
3862031952952
865
992639142933
2141931
116
Postal Savings
Num-ber of
deposi-tors
Amountof de-posits
272614498
23
147
20094
3024
600
542524
471248
5164
other banks
Num-ber of
deposi-tors
242519
1173
46
234
13898
1636
16
419
1526130334456976777
395
Amountof de-posits
145139107695
18271
1,375
800509881
3879
2,305
881317141191225321547380437
2,121
Certified andcashiers' checksand cash letters
of credit out-standing
Num-ber of
deposi-tors1
518113
1228
48
323
194157270
38
632
100674199
4517
1019
205
Amountof de-posits
376064
37738
227
803
392357501
1532
1,297
11989283950
147704044
521
Other deposits
Active accounts
Numberof depos-
itors
5,5033,3622,259
17,4201,8478,796
39,187
42, 26931,23357,890
9074,755
137,054
9,1964,2291,501
9941,5112, 4893,5161,8031,796
10,456
Amountof de-posits
23,08510,7029,628
75,0778,485
39,040
166, 017
186, 916136,352250,145
4,34421,030
598, 787
39, 52418,4116,3974,5376,778
11,14315, 6848,6288,128
48, 673
Dormant ac-counts 2
Num-ber of
deposi-tors
2453655
27124
496
1,127
1,120418828
19339
2,724
14241
72386
1179
364
Amountof de-posits
726152204
1,128110742
3,062
4,6801,8703,748
9297
11, 360
612167246
14421952
378207
to
s
woog
3otr1
W
o
%
a4
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
ArkansasTCftntuckyTennessee
Total Southern States_
OhioInd iana . . _ _ _ _ _ _IllinoisMichiganWisconsinMinnesotaIowaMissouri
Total Middle West-ern States
North DakotaSouth DakotaNebraska . ._ _KansasMontana - - .WyomingColoradoN6W MexicoOklahoma
Total Western States..
WashingtonOregonCaliforniaIdahoUtahNevadaArizona
Total Pacific States.._
Alaska (nonmember banks) _The Territory of Hawaii
(n onmember bank)
Total (nonmemberbanks)
Total country banks..
Total United States...
2,1704,4843,051
50, 531
11, 50857 682
10,1215,3727,0998,9132,8632, 293
53, 851
2,1821,6782, 8813,8042,3111 2822,284
8464, 875
22,143
3, 2011,6417,905
778245627542
14,939
209
810
1,019
327, 560
595, 029
10,11020,16013,754
226, 593
51, 79724, 28446,12924, 37930, 22239, 77911, 20710, 228
238,025
9 7628,042
12, 73516, 66810, 5915,965
10, 3034. 005
17, 209
95, 280
14,0517,152
35, 5963, 5861 1542,7422, 575
66,856
944
4,116
5,060
1, 437, 061
2, 699,016
629285
1,296
63324962215716235323785
2,498
10211212423144365650
235
990
68795471161514
317
3
3
8,481
9,080
323486435
6,682
3, 2871,3333,340
822714
1,9111,196
433
13,036
513614707
1,236251170316316
1, 405
5,528
4354183604141127691
1,906
19
19
45, 587
48, 948
182936
703
9074
1061797
1524158
635
167034934113361085
398
3119167
9
82
2,896
3,112
14144
411
79738529
1071224622
563
3044896719
852399
456
266
5610
6
104
2,281
2,330
603998
1,209
6313328337
1172224476
975
979479
16445341816
105
652
421437
11
111
1
3
4
3,604
14, 588
329197554
6,641
336807
1,706199906
1,194253447
5,848
5434794698752561979498
610
3,621
25277
22236
57
644
3
21
24
20, 458
85, 493
1856
632
5234642630351416
271
153044
11621156514
469
789
128
1137
57
152
7
29
36
2, 835
7,153
691926
1,261
27372
2441181201496590
1,131
631553775
104687561
235
873
4434
31536
3434
497
7
82
89
5,951
26,185
2,0234,2222,854
46, 590
10, 7045, 2479,1045,0906,7098,2752,5472,114
49, 790
1 9611,4402,6033,2722,1941 1972,129
7633,276
18, 835
3,0671,5377, 553
692226594506
14,175
198
774
972
306, 603
555, 718
9,32218,80212, 663
208, 690
47, 49721, 84140, 44222, 93727, 96036,1479,5029,168
215, 494
8,5636,669
11, 25514, 2249, 8855,5179,6343,488
14, 626
83, 861
13, 2056, 589
33, 9653,0801 0302,5772, 357
62, 803
915
4,000
4,915
1, 340, 567
2, 502, 497
7126
8
804
561948628128212
317
72
31217
163
790
877
123
14813
134
184
4
4
6,037
8,490
3561336
2,205
23584
20625731810410410
1,318
3411
1449835
639
149
543
589
6623
125521
820
13
13
19, 321
30,451
* Represents the number of checks and letters of credit outstanding, each of which is over $2,500 but not exceeding $10,000.2 Represents deposits from which no withdrawals and to which no credits have been made (other than interest credited to such accounts) since Jan. 1,1929.
toCO
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
TABLE N O . 23.—Number of depositors and amount of deposits of the 5,057 licensed national banks, grouped according to size and class of total
balances, Oct. 25, 1983— Continued
DEPOSITS OVER $10,000 BUT NOT EXCEEDING $50,000
[Amounts in thousands of dollars]
Location
CENTRAL RESERVE CITIES
New YorkChicago
Total central reservecities
OTHER RESERVE CITIES
Boston. __ . . .Brooklyn and BronxBuffaloPhiladelphiaPittsburghBaltimoreWashington _.RichmondCharlotteAtlantaSavannahJacksonvilleBirminghamNew Orleans.. _.DallasEl PasoFort WorthGalveston _ _HoustonSan Antonio . .
Totals
Numberof depos-
itors
13, 5909,372
22,962
4,96715713
3,7122,2311,1481,129
481139719539410311960
1,289163651317
1,208484
Amountof de-posits
290,006195,190
485,196
105, 5032,855
30478, 31846, 37524, 83422,14910,0232,789
15,34911,9168,2576,377
19,80328, 2963,491
13,9506,468
25, 2089,400
State, county,and municipal
funds
Num-ber of
deposi-tors
3456
90
6153
1962142
1114142
1031416
17
Amountof de-posits
8831,232
2,115
1,45318195
50015355218752
27929040740
23937229820
170336
United StatesGovernment
deposits
Num-ber of
deposi-tors
Amountof de-posits
63
63
10427
6413
403027
16
16
174849
Postal Savings
Num-ber of
deposi-tors
Amountof de-posits
109
109
14
138035
4829
Deposits ofother banks
Num-ber of
deposi-tors
1,7931,947
3,740
7335
80247118073
12011
1971129679
24538122
225107315108
Amountof de-posits
42,67945, 503
88,182
18,372140
19, 22611, 2424,5641,7722,891
2844,7422,7442,0871,7965,8169,722
6235,5002,3867,7652,463
Certified andcashiers' checksand cash letters
of credit out-standing
Num-ber of
deposi-to r s 1
677139
816
702
27693
1122336
1730346
142
Amountof de-posits
15,1812,828
18,009
1,40339
60195
15567
3063624794894
2335605772
13130522
Other deposits
Active accounts
Numberof depos-
itors
11,0547,198
18,252
4,09114510
2,8491,745
9571,051
346124509410293220686867134418201872356
Amountof de-posits
230, 566145,106
375,672
84,0302,391
16857, 720
Dormant ac-counts 2
Num-ber of
deposi-tors
3232
64
12
1534,827 319,98320,1716,7042,377
10,2748,7765,6654,364
13,46517,8492,7258,2803,883
16,8586,486
1
44283
211
Amountof de-posits
525521
1,046
245
27158
25
506750
12848
311415
OS
o
g
oo
wc
F
wQ
W
Q
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
WacoLouisvilleMemphisNashvilleCincinnatiCleveland
; Columbus' Indianapolis
Chicagoi Peoria
DetroitGrand RapidsMilwaukeeMinneapolisSt. PaulCedar RapidsDes MoinesDubuqueSioux CityKansas City, MoSt. JosephSt. LouisLincolnOmahaKansas City, KansTopekaWichitaHelenaDenverPuebloOklahoma CityTulsaSeattleSpokanePortlandLos AngelesOaklandSan FranciscoOgdenSalt Lake City
Total other reservecities
Total all reserve cities,
1 Represents the number of checks and letters of credit outstanding, each of which is over $10,000 but not exceeding $50,000.2 Represents deposits from which no withdrawals and to which no credits have been made (other than interest credited to such accounts) since Jan. 1, 1929.
183527810396788
1,26960369092338
1, 23853
1,2501,81778923838649207
1,254276
1,6952988597615135966
90412672850293691902
5,35232
6,92849256
54, 591
77, 553
3, 63312 05816,445 \7,82617,16625, 78212,95714, 2981,6996,66825,8361 010
25, 22037, 78616, 2366,2098,251877
4,25127, 5525,817
35, 0655,90418,6281.6553,3647 9281 34118,1762,63715, 52111, 46019, 0711 80816,718101, 872
529141, 800
9455, 557
1,129, 221
1, 614, 417
1154131161161071823624
325124199101021656712519261
98
10
579
669
28394952810024411643501591761534296261655396
118821752531335341152883164343215119922830011944274050
2,624
242
15, 074
17,189
2081
29115
1250n245140
4159
18
157
1,159
1 222
3321
43
50
366
475
481971931401801441651831581177
3786002581281775
99573160375192418464814325139302549413820118166
3121165
10, 687
14, 427
1,2404 5704,8052,9844,6153,1883,6694,139
131,3112,887128
8,35512, 9316,1173,8854,105
852,12113, 4503,6138.6173,7899, 079924
1,0123,299508
3,382799
6,1332,3643,064476
2,7474,013
7,348329
1,448
251,677
339, 859
28481479121619215
11126217
43
3
9110871562
11013
593
1,409
341738312322110514814502765018042688
330153211729423
5841
63
19618
2281712081770
1,260
2,2704237
11,923
29,932
134313602250596
1,09842549789272
1,09438841
1,17151210819443103670109
1,2901024182593203387388945839377565760
5, 04231
6,32037176
42, 496
60, 748
2,3456,97911, 3354,68012, 20222,1049,0679,9681,5895,127
22, 473679
16, 20123, 7829,7582, 2593,670766
1,95613, 7671,960
25, 7531,9828,957575
2,0644, 250772
14,1441,6588,9208, 63815, 3891,17813, 45994, 937
479127,891
5743,799
845, 082
1. 220, 754
3112
1
428
3
1
121
4
56
88
2
236
300
37221125
24
5521108
42
19
182211
60
922
1, 510
31
3,940
4,986
toO
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
TABLE NO. 23.—Number of depositors and amount of deposits of the 5,057 licensed national banks, grouped according to size and class of totalbalances, Oct. 25, 1933—Continued
DEPOSITS OVER $10,000 BUT NOT EXCEEDING $50,000-Continued
[Amounts in thousands of dollarsl
toto
Location
COUNTRY BANKS
MaineNew HampshireVermontM assachusettsRhode IslandConnecticut - -
Total New EnglandStates
New YorkNew JerseyPennsylvaniaDelawareMaryland -
Total Eastern States..
Virginia -_ .West VirginiaNorth CarolinaSouth Carolina. _GeorgiaFloridaAlabama -_ -Mississippi — -LouisianaTexas
Totals
Numberof depos-
itors
720433276
3,065361
1,612
6,467
5,7224,2197,197
118599
17, 855
1,639801364296319567
4,929375554
2,481
Amountof de-posits
13,2678,6835,150
60, 5617,333
30,461
125,455
107, 30275, 980
131,9552,247
11,157
328, 641
29,99315,9557,3057,0626,459
11,41615, 3857, 613
11,36649, 391
State, county,and municipal
funds
Num-ber ofdeposi-
tors
503018
1835
81
367
752199850
36
1,837
1085943333189
1022651
277
Amountof de-posits
898646468
4,460118
1,808
8,398
17,5124,431
18,366
899
41,208
2,2691,3661,024
846634
2,1061,362
6861, 2546,097
United StatesGovernment
deposits
Num-ber ofdeposi-
tors
Amountof de-posits
17364
84274
108
1,261
89096298514578
3,060
3771253689
16331510910841
723
Postal Savings
Num-ber ofdeposi-
tors
Amountof de-posits
17634868
897122197
1,808
1,5101,0223, 581
77125
6,315
73437224741
11813324515279
951
Deposits ofother banks
Num-ber ofdeposi-
tors
344432
2286
79
423
20699
1282
10
445
1567526584243983568
361
Amountof de-posits
1,0501,153
6495,584
1672,100
10,703
5,1392,1152, 755
41241
10, 291
3,4691,582
6151,369
904945
2,156798
1,5717,744
Certified andcashiers' checksand cash letters
of credit out-standing
Num-ber ofdeposi-tors^
1
381
19
32
331382
128
iT422
6171
11
Amountof de-posits
11
5818816
309
582
618308328
1,254
29784829
10714
14625
172
Other deposits
Active accounts
Numberof depos-
itors
597358222
2,624346
1,423
5,570
4,6683,8676,075
115529
15, 254
17315657291203246429
4,727307417
1,823
Amountof de-posits
10, 5616,3333,831
48,1996,794
25,796
101,514
80, 70666, 474
104,9961,9709,417
263, 563
22,93212, 2795,3144,6884,6407,810
11,4865,7238,117
33,517
Dormant ac-counts 2
Num-ber of
deposi-tors
3811
223
10
75
634162
124
191
1962
1
179
Amountof de-posits
5713012
39142
143
1,189
927668944
14397
2,950
18315321
13
279187
waog3
I3
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
ArkansasKentucky . .Tennessee --
Total Southern States.
OhioIndianaIllinois.._ . . . _ . . .MichiganWisconsinMinnesotaIowaMissouri
Total Middle WesternStates
North DakotaSouth DakotaNebraskaKansasMontanaWyomingColoradoNew M^exicoOklahoma
Total Western States-
WashingtonOregonCaliforniaIdahoUtahNevadaArizona
Total Pacific States.._
Alaska (nonmem ber banks) _The Territory of Hawaii
(nonmember bank)Total (nonmember
banks)
Total country banks..
Total United States. .
492639677
14,133
1,8881,0251,831
7841,0001,347
416375
8,666
404369628
1,375467311364211
1,110
5,239
584212
1,5611514188
131
2,768
21
158
179
55,307
132,860
10, 63412,01514, 320
198, 914
37, 60320,07636, 24315, 52518,84327,082
8,3137,863
171, 548
8,4497 9918,964
16,8808,9696 4397,6014 100
24,049
93,442
12,0974,165
27,9153,075
8331.9492,591
52, 625
460
3,517
3,977
974,602
2, 589, 019
494078
986
3081704149288
27613359
1,540
7710417823749597157
348
1,180
8857
16138101811
383
6
1
7
6,300
6,969
1,077850
1,669
21, 240
6,4673,4948,6782,1762,1286,1203,0151,224
33, 302
1,8432 5002,9626,0451,1771 5081,7321 1847,795
26, 746
2,0861,1884,147
857235532364
9,409
148
22
170
140,473
157, 662
8292
150
2,410
241213382405112897
85105
2,440
415332
793941768729
291
1,803
34414
337
159804
35
35
11,813
13, 035
336433510
4,351
1,380683894418751
1,706248572
6,652
325233316816
80210479125
1,210
3,794
6015106351368330
1,995
40
40
24,955
25, 430
10619
113
1,200
5596
3062484
1626180
868
474160
1164941
917
120
500
37113721
13
10
120
1
10
11
3,567
17, 994
2 384368
2,647
28, 552
1,2151,8886,229
4821,6983,2791,2191,647
17,657
992788
1,1772,2841,023
796209306
2,867
10,442
671179910498
2063
167
2,508
26
248
274
78, 427
418, 286
13
79
73
1053741
40
51071132235
138
1
1691
5
176
5
5
598
2,007
2076
744
12643
1108343
1054149
600
82295671641834
124
478
12
25510
109
386
107
107
4,151
34,083
337570483
11,805
1,510755
1,098657822901216235
6,194
280219278
1,009366209282134628
3,405
456143
1,183912867
105
2,073
14
142
156
44, 457
105, 205
6,75510,1269,268
142, 655
28,04313, 74219,90011,86614,07914,9643,6754,266
110, 535
4,8744 0564,2907,2426,4423,7745,1342,451
11,587
49,850
8,3452,249
21,4981, 574
4741,3241,842
37,306
211
3,140
3,351
708, 774
1,929, 528
9
63
8136312
24
52
9
16
21
11
2
16
385
685
126
962
131135095321130
362
11143
175
329
3825
133
21
217
6,009
10,995
i Represents the number of checks and letters of credit outstanding, each of which is over $10,000 but not exceeding $50,000.« Represents deposits from which no withdrawals and to which no credits have been made (other than interest credited to such accounts) since Jan. 1, 1929.
to
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
TABLE NO. 23.—Number of depositors and amount of deposits of the 5,057 licensed national banks, grouped according to size and class of totalbalances, Oct. 25, 1933—Continued
DEPOSITS OVER $50,000
[Amounts in thousands of dollars]
to
Location
CENTRAL RESERVE CITIES
New YorkChicago _ _ _
Total central reservecities T
OTHER RESERVE CITIES
BostonBrooklyn and Bronx ___BuffaloPhiladelphiaPittsburghBaltimoreWashingtonRichmondCharlotteAtlantaSavannahJacksonvilleBirminghamNew Orleans .__DallasEl PasoFort WorthGalveston ._HoustonSan Antonio
Totals
Numberof depos-
itors
5,6223,174
8,796
2,149281
1,29982828928418029
23914711685
26040627
18047
34781
Amountof de-posits
2,101,878855,011
2,956,889
532, 5664,901
60347,064238, 774
70, 73553, 64229,1442,873
48,27733, 53032,04018,89657,93171,0123,456
25,9459,370
62,12614.299
State, county,and municipal
funds
Num-ber of
deposi-tors
3366
99
728
21111113755
114
16689487
Amountof de-posits
36,82181,800
118, 621
45,8781,112
20, 5266,8183,298
5001,623
5743,022
8034,5892,490
14,4384,1011,0513,370
6483,9951.833
United StatesGovernment
deposits
Num-ber of
deposi-tors
Amountof de-posits
132,10937, 354
169, 463
41, 348119
29, 2368,0098,7722,9181,691
7,9476,0324,3713,1548,685
13, 59664
1,932999
11, 5461.591
Postal Savings
Num-ber of
deposi-tors
Amountof de-posits
49,1521,325
50, 477
21, 8701,665
17, 7546,8184,2922,321
165193
5,7242,3786,6763, 2754,3514,071
2631,4482,0601,8111,790
Deposits ofother banks
Num-ber of
deposi-tors
1,223896
2,119
6752
4853349760613
96633929
116178
410318
14934
Amountof de-posits
448,189173, 797
621,986
117, 470164
94, 23771,81625, 6819,1478,851
70712,08310, 7775,3352,808
13, 78422,891
4699,4952,200
19,0454,996
Certified andcashiers' checksand cash letters
of credit out-standing
Num-ber of
deposi-tors1
31224
336
171
5
1
27
126
Amountof de-posits
65, 5472,507
68,054
2,75085
446
54
264815
64149801
Other deposits
Active accounts
Numberof depos-
itors
4,0472,185
6,232
1,385171
78548318022211619
137786652
125215156722
18440
Amountof de-posits
1,367,924558,006
1,925, 930
303, 2501, 756
60184, 685145,31328,58137, 25616,8141,399
19,00113,48611,0697,169
16, 35325, 5381,6099,6363, 258
24,9284,089
Dormant ac-counts 2
Num-ber of
deposi-tors
73
10
3
11
1
1
1
Amountof de-posits
2,136222
2,358
180
1111,500
500
56
56
W
oo
of1
W
3OHi
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Waco . _ -LouisvilleMemphis -NashvilleCincinnatiClevelandColumbusIndianapolisChicago _Peoria •Detroit ..-Grand RapidsMilwaukee _MinneapolisSt. PaulCedar Rapids _Des Moines -DubuqueSioux CityKansas City, Mo..St. JosephSt. LouisLincoln ___Omaha...Kansas City, KansTopekaWichitaHelenaDenver.-PuebloOklahoma CityTulsaSeattleSpokanePortlandLos Angeles _OaklandSan FranciscoOgdenSalt Lake City
Total other reservecities
Total all reserve cities.
2613617375
158342156179
854
42914
2904812444590
742
36940
47049
18321407716
24049
199165251
19168958
41,124
1750
14, 480
23, 276
4,48626, 76628,60417,47230,95077,99042, 39133, 390
1,0558 437
126,9653,237
68 88488, 65457 2045 522
15 1181,0746,528
58,7404,120
99,7256 939
31, 6634,2998,548
13 4443,106
49 4358,223
34 64732,42960, 4533 418
43,337235, 529
736401, 741
3,2759,932
3, 415,107
6, 371, 996
378
109
15141317
156
1428g754
12105
13101577
103
167
1419172
18402
8438
713
812
1,1731,8025,6714,5173,5317,286
16, 7193,342
1502 695
11, 7441,4899,8159,7417 1332 0552 535
5731,7981,589
3258,9932 1943,5111,2722,4691 617
7775 426
9777 5923,3897,650
4276,163
35,431300
83, 787627
2,783
391, 737
510, 358
1003,6823,4231,8943,0218,9261,5011,225
91370
6,39861
10, 2542,604
823
319
3502,633
1394,233
9791,092
417583
1 711122
345677
7,124
3,1628,270
7727,149
133154
257, 676
427,139=======
204523
1,1762,6671,6168,0443 772
833109630
2 4632,4244 010
500195
1, 5991,271
5803,135
2394,6191,5481,6491 029
6364,119
7874,7443,621
13,5191, 219
13, 74626, 206
23578, 514
6161,058
282, 780
333, 257
1054881840744853
13106
188
1701032140
1917322
1611583111542
47715
1023275114189
1487
21
4,636
6,755
7896,4319,3941,6704,588
10,0556 281
10, 030
1 01223,835
9112 33931,80615 9781 7074 769
2,01026, 745
1,83127, 403
1 06810 150
6951,8265 712
38914 7401,780
11 3463,421
10, 5551 3256,483
28, 540
43, 7651,2552,976
776,746
1,398,732
2
12
22
171
1
10
1
1
3
3
6
25
110
446•
215
81147
260110
581,020
377
53
1,097
43
90
211
560
426
3,531
13,707
81, 761
13757547
10825194
1137
32306
71872761321744
311
17613
29524853
18249
1442783
111159
6109817
2861
721
9,001
15,233
2 22014,3288,7256,724
18,11343,53214 11817,960
7053 470
84,8781,596
33 95541, 05928 883
1 7606 942
306771
25, 4051,245
55,9182 459
12 291367
2,0213 2851,182
23 3154,679
10 62020, 76121, 605
44713,783
135, 699124
164, 629644
2,961
1, 688, 735
3, 614, 665
6
6
20
30
957
366
3,726
6,084
1 Represents the number of checks and letters of credit outstanding each of which is over $50,000.2 Represents deposits from which no withdrawals and to which no credits have been made (other than interest credited to such accounts) since Jan. 1, 1929.
to
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
TABLE NO. 23.—Number of depositors and amount of deposits of the 5,057 licensed national banks, grouped according to size and class of total
balances, Oct. 25, 1933—Continued
DEPOSITS OVEB $50,000—Continued
[Amounts in thousands of dollars]
Location
COUNTRY BANKS
MaineNew HampshireVermontMassachusettsRhode IslandConnecticut - -- . .
Total New EnglandStates
New York . .New JerseyPennsylvaniaDelawareMaryland
Total Eastern States..
Virginia-West VirginiaNorth Carolina _.South Carolina _.OeorgiaFloridaAlabamaMississippiLouisiana.TexasArkansas _ _ _.
Totals
Numberof depos-
itors
917120
48662
337
1,067
814477792
1549
2,147
178101477418
1031035070
32556
Amountof de-posits
10,95211,0701,832
68,43311,30077,993
181, 580
161,663114,441133, 601
2,3485,465
417,518
28,12617,0026,4189,8385,659
28,09519, 5628,437
11,98843, 41310,358
State, county,and municipal
funds
Num-ber ofdeposi-
tors
14153
1019
23
165
26792
2354
28
626
241819133
4436287
10611
Amountof de-posits
2,0112,341
23512,6812,9177,237
27,422
87, 64725,01528,986
7183,013
145,379
3,3862,0171,5581,799
2685,1215,2953,1401,133
14, 2991,475
United StatesGovernment
deposits
Num-ber ofdeposi-
tors
Amountof de-posits
196286100
5,477258
3,010
9,327
11,19513,0589,631
56
33,940
1,278390100200
1 0132,5574,491
517529784139
Postal Savings
Num-ber of
deposi-tors
Amountof de-posits
1381,755
846,664
6,267
14,908
5,39422,66722,107
391627
51,186
1,7684,7961,2883,2512,607
14,6862,6512,788
8777,5574,657
Deposits ofother banks
Num-ber of
deposi-tors
25203
911071
220
1064543
23
199
37204
526
10214
195217
Amountof de-posits
2,8032,739
44110,0541,861
11, 565
29,463
15,4777,7614,423
220177
28,058
4,8951,744
3594,053
681874
1,517455
2,9664,5201,274
Certified andcashiers' checksand cash letters
of credit out-standing
N u m -ber of
deposi-tors *
2
2
111
2
5
1
4
Amountof de-posits
670
670
5110085
7
243
50
329
Other deposits
Active accounts
Numberof depos-
itors
503614
29343
239
675
439339512
915
1,314
116622499
48461843
16228
Amountof de-posits
5,6453,949
97233,3616,264
49,093
99, 284
41,74945,84068, 309
1,0191,500
158,417
16,7147,9753,113
5351,0904,8075,6081,5376,380
15, 8442,813
Dormant ac-counts 2
Num-ber of
deposi-tors
2
1
2
5
1
1
1
3
11
11
Amountof de-posits
159
196
151
506
150
60
85
295
8580
10380
a
o
W
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Kentucky -Tennessee
Total Southern States-
OhioIndianaIllinoisMichiganWisconsin _ _ _MinnesotaIowa - -Missouri
Total Middle WesternStates
North DakotaSouth Dakota .NebraskaKansasMontana _ _ _WyomingColoradoNew MexicoOklahoma
Total Western States._
WashingtonOregon - - -CaliforniaIdahoUtahNevadaArizona -.
Total Pacific States....
Alaska (nonmember banks)The Territory of Hawaii
(nonmember bank)
Total (nonmemberbanks)
Total country banks..
Total United States.._
55108
1,288
3271682671221191727748
1,300
413442
12160497225
216
660
8622
1844548
24
373
1
39
40
6,875
30,151
6,95224,858
220,706
46,92925 92949,82518, 50422,89228,07914,89410,741
217, 793
8,1909,0785,519
12, 24911,9986,127
10, 5474,436
27,040
95,184
17,0773,257
26,2033,459
3601,4576,777
58,590
573
12,058
12,631
1, 204,002
7, 575,998
1413
336
12255
1226534626527
552
2219206622193014
115
327
3216572848
17
162
4
4
2,172
2,984
1,6762,241
43,408
16,0967 402
18,4067,5685,9396,3126,9185,193
73,834
1 9751,5641,5534,8941,9952,0192,5202,3889,124
28,032
5,6281,5688,937
753267946
2,911
21,010
1,433
1,433
340, 518
850,876
4773,166
15,641
1,249771
2,813852
1,294911458202
8,550
17132026233068
10690
1,347
48255
576
77
1,190
249
2,003
2,252
72, 247
499,386
7305,116
52,772
6,3836 022
13, 3564,3375,0298,2655,3343,700
52,426
4,1645,8962,0662,4826,0871,8742,5141,0955,585
31, 763
5,0131,1562,9831,067
93434
3,158
13,904
273
322
595
217,554
550,811
237
281
16214128
2635
122
234
141
1331
18
59
12
139
3
37
918
7,673
1055,496
28,939
1,5472 2064,201
128689
3,573214330
12,888
108449311
1,16952
1,071680108
1,252
5,200
970
1,915790
363
4,038
108, 586
1,507,318
1
6
3
1
1
5
113
5
I
1
24
470
379
356
84
79
519
6596
218
379
64
64
2,254
84,015
3658
659
18591
104547684
915
618
171218403717389
78
266
416
1138
4
172
1
35
36
3,740
18,973
3,8108,839
79,065
21, 2199 478
11,0495,5359,8909,0181,9701,237
69,396
1,772849
1,3273,2743,7961,1634,662
65910, 704
28,206
4,894478
11, 728849
345
18, 294
51
8,300
8,351
461,013
4,075, 678
2
6
11
1
3
1
2
3
1
1
21
51
154
502
7950
51
180
100
157
257
90
90
1,830
7,914
1 Represents the number of checks and letters of credit outstanding each of which is over $50,000.2 Represents deposits from which no withdrawals and to which no credits have been made (other than interest credited to such accounts) since Jan. 1,1929.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
TABLE NO. 23.—Number of depositors and amount of deposits of the 5,057 licensed national banks, grouped according to size and class of totalbalances, Oct. 25, 1983—Continued
RECAPITULATION
[Amounts in thousands of dollars]
to00
i
oo
o
Location
Totals
Numberof depos-
itors
Amountof de-posits
State, county,and municipal
funds
Num-ber of
deposi-tors
Amountof de-posits
United StatesGovernment
deposits
Num-ber of
deposi-tors
Amountof de-posits
Postal Savings
Num-ber of
deposi-tors
Amountof de-posits
Deposits ofother banks
Num-ber of
deposi-tors
Amountof de-posits
Certified andcashiers' checksand cash letters
of credit out-standing
Num-ber of
deposi-tors1
Amountof de-posits
Other deposits
Active accounts
Numberof depos-
itors
Amountof de-posits
Dormant ac-counts 2
Num-ber of
deposi-tors
Amountof de-posits
CENTRAL RESERVE CITIES
New YorkChicago
Total central reservecities...
OTHER RESERVE CITIES
BostonBrooklyn and BronxBuffaloPhiladelphiaPittsburghBaltimoreWashingtonRichmondCharlotteAtlanta.SavannahJacksonvilleBirminghamNew OrleansDallasEl PasoFort WorthGalvestonHouston
1,136,820911,567
2,755, 8171,347, 637
389395
38,05783,449
132,17237,354
49, 2611,325
8,0017,578
502, 663232, 294
124, 79344,834
94, 64110,324
903,919611,159
1,933, 275976,931
99, 716247,601
5,7485,960
2,048,387 4,103, 454 784 121, 506 169, 526 50, 586 15, 579 734,957 169, 627 104,965 1, 515,078 2,910, 206 347,317 11, 708
320,69336,421
1,990229,383244,433
55, 679169,82064,15729,303
203, 332127,113109,312
68, 210272,190110, 20521,096
100, 09032, 410
167,378
799,04719, 948
957513,609360, 071131, 701128,908
57, 97910,72695, 20768, 03455, 70435, 501
114,892136, 223
14,14159,92925,875
129, 616
26020
3672724
5
63105798
1591540175
22
47, 6401,316
9521,131
41, 34822327
29,2^
3,377536
1,715626
3,3941,1995,1182,536
14,8024,1521,1233,481
6684,194
8,0098,8362,9311,691
7,6,0624,3823,1708,685
13, 59694
1,9331,022
11,594
21,8701,670
1417,7546,8184,3102,401
200193
5,7242,3786,6763,2754,3514,071
2631,4482,0601,860
2,18611
138,148321
2,2301,4124595193022759039824818585586260542231736
116,95085, 22530,81111, 24112, 2131,03517,85914, 3397,8594,87220,99633, 7621,20815,8504,98727,847
6,14741127
2,96078, 627
9025,3761,432310
1,627672990654
6,2714,5741,0251,773316
3,404
6,3862322
1,8742,10546835942679201215247180900
2,444185454371
1,676
296,01135, 5251,960
198,810145, 55947,369133,90348, 43820,384130,44273,92068,41027, 832148,16280, 20116, 76878,61822,174100, 636
541,94416,129
819324,930250,32783,610109, 29441, 6328,69958,30443,46631,02620,88263,93377,38011,12736,52916, 53081,830
16,089454
1,71157
25,31618,8086,92630,01713,9778,57370,61052,01839, 58539, 531116,74324, 5533,20319,1409,68462,580
1,724589289
2,14610246
1,743375396586
1,225818141234237615
wHOd528
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
San AntonioWacoLouisvilleMemphisNashvilleCincinnatiClevelandColumbusIndianapolisChicagoPeoriaDetroitGrand RapidsMilwaukeeMinneapolisSt. PaulCedar RapidsDes MoinesDubuqueSioux CityKansas City, MoSt. JosephSt. LouisLincolnOmahaKansas City, KansTopekaWichitaHelenaDenverPuebloOklahoma CityTulsaSeattleSpokanePortlandLos AngelesOaklandSan FranciscoOgdenSalt Lake City
Total othercities
Total all reserve cities. 9,607,067
75,11245,05363,874156,83290, 22547, 014122, 334135,96471,84053,40664, 301169, 54613, 582156, 375216,696110,60822,16644, 99318,48337, 228104, 21831,082
202, 22548,13688,17318,05628,42135,8476,564
139, 61915,04084, 43687,808
123,44623,979
201, 379677,982
9,204516,641
3, 36634,211
7, 558, 680
42,92116, 22258, 29974,46642,99671,811
156,00681,12368,85613, 50131,825
207, 5368,012
140,325190, 758114,385
18, 07135,8464,819
16, 611118, 923
19, 261197, 997
21, 69277, 53910, 50918, 23432, 509
7,246113, 240
16,12670, 33060,083
117, 6899,890
122, 791610, 915
3,343987,924
5,58326, 578
6,800,859
10,904,313
162
30884195129451732273712156363601053245555527394913160843
309351
2,963
3,747
2,3391,2032,3165,7814,5533,6387,60716,9193,387200
12,0511,67910,36910, 5497,3472,1262,702583
1,9511,671514
9,3262,3654,0901,3932,7951,956820
5,9221,1557,8143,6458,066564
6,80836, 246
350
6273,074
410,405
531,911
1,645120
3,7793,4231,9233,1368,9671,5071,230
91377
6,39861
10, 2542,60682325
37120374
2,684196
4,233985
1,094417589
1,712122
1,62418
386754
7,12418
3,1628,270
7727, 359
133154
259,120
428, 646
1,824204533
1,1762,6671,6168,0443,772833142651
2,4632,4244,010
500195
1,5991,325580
3,135239
4,6241,5481,6491,029636
4,119787
4,7443,62113, 5691,219
13, 74626, 206
23578, 523
6161,058
283,197
333,783
270885304583883763703815413
12425448854
1,68381826836916
3221,822410
1,032450
1,147144179348643687355228637493313455
99234136
29, 286
44,865
8,0612,12712,00414,9295,5919,84913,80110, 78515,138
132,55526,890
34722, 24448, 47323, 6206,2189,471
1274,814
44, 4366,172
37, 8175,907
21, 5301,9433,2609,5641,025
18, 6482,70918, 2206,37614,0221,9439,76133,176
52, 7441,6444,624
1,078,101
1,813,058
1,275413
1,377890
1,200434
5,6811,7562,0621,578775
10,680115
2,4429,8712,3841,5021,442103425
2,114267
3,8661,1752,940396599
1,210194
3,326403
4,4652,6144,8211,0803,46127,833
27188, 007
149915
314,009
483,636
280115235681306432
1.243520501179468
1,87699647
3,00394396
87041180
1,87397
1,01315255911411642830
1,05469716
1,176972144633
5,43222
13, 37796234
59,826
164, 791
49,37933,67055,152125, 22057,89540, 66793,718128,48662,01244,09253, 582148, 22713, 378148,307177,45986, 82717, 25840, 53413,51131,96382,44918, 779
129, 64832, 35671,92714, 60818, 33032, 7335,335
115, 5629,01955, 71157, 213103,13621,184174,008627, 6048,904
1, 326, 6352,87726, 565
>, 031,042
7, 546,120
28, 56012,30639,36347,87727,69552,930115,73947, 25047,67312,80124,558160, 2245,826
93, 728123,43276,1809,47621,8423,8257,672
66, 71211, 584141,92211,96245,4665,0039,75817, 7664,588
81, 25811,28738,17244,08673,1575,932
87,935495,9502,657
717, 7762,46017,192
4, 669,971
7, 580,177
24,11410,8756,757
30, 24030, 7255,520
22, 5165,2727,2097,7319,79010, 297
4,67727, 55420, 5343,1212,6164,8264,48117, 82111,61167, 61614,09212,0992,8989,2601,532966
20,3085,490
23, 68127, 65615, 0661,60923,43722,006
26100, 698
3036,544
1,181,380
1,528,697
1 Represents the number of checks and letters of credit outstanding.2 Represents deposits from which no withdrawals and to which no credits have been made (other than interest credited to such accounts) since Jan. 1, 1929.
21214769599261210605370947530897
620271
1,462130902821222118551821769167542561510127842577970746
5,6352
11, 2507
242
40,239 fcj
947 }51,947
toCO
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
TABLE NO. 23.—Number of depositors and amount of deposits of the 5,057 licensed national banks, grouped according to size and class of totalbalances, Oct. 25, 1938—Continued
RECAPITULATION—Continued[Amounts in thousands of dollars]
too
Location
COUNTRY BANKS
MaineNew HampshireVermont.. __ _ __MassachusettsRhode LslandConnecticut
Total New EnglandStates
New YorkNew JerseyPennsylvaniaDelaware—Maryland
Total Eastern States._
Virginia—. .West Virginia.. _.North CarolinaSouth CarolinaGeorgiaFloridaAlabamaMississippiLouisiana .TexasArkansas _
Totals
Numberof depos-
itors
179,697131,97997,198
705, 55633, 701
314, 587
1,462, 718
1, 567,9651,261,8882, 313,945
26, 715173, 592
5,344,105
592,032359,014137,10297.779
157, 791174,010312,886126,633138,852914,965133, 230
Amountof de-posits
90,55552,58636,859
345,65435, 754
215,044
776,452
773, 610553, 390941,892
14,51270, 207
2,353,611
180,41391, 66636,98530,67634,92773,03583,17739,78548,929
259,32846,960
State, county,and municipal
funds
Num-ber of
deposi-tors
48752544574627
352
2,582
7,1191,4195,183
31235
13,987
466213168172461485467147381
2,377444
Amountof de-posits
3,5473,7641,241
18,6483,0649,706
39,970
113,40231,69456,944
7544,359
207,153
6,6553,7802,8732,9111,4208,0667,3883,9402,834
23, 2063,051
United StatesGovernment
deposits
Num-ber of
deposi-tors
Amountof de-posits
225489220
6,409347
3,236
10,926
12, 53114, 24510,886
188188
38,038
1,777544181304
1,2192 9124,825
654608
1,663242
Postal Savings
Num-ber of
deposi-tors
Amountof de-posits
3452,132
1687,718
1306,488
16,981
7,11323,78726,007
472752
58,131
2,5575,1941,5613,2922,774
14,8312,9522,940
9618,6775,007
other banks
Num-ber of
deposi-tors
10810366
52126
269
1,093
794466
1,0681955
2,402
689222115200150161294165236
1,317233
Amountof de-posits
4,0094,0501,287
16, 4122,055
13,981
41, 794
21, 63910,5038,472
305534
41,453
9,5373,6911,1455,6481,8632,1864,2871,7025,032
14,8444,028
Certified andcashiers' checksand cash letters
of credit out-standing
Num-ber of
deposi-tors i
2,0482,0111,2146,636
4363,985
16, 330
14,0856,753
14,639121
1,007
36,605
4,9592,3532,3301,676
8212,9362,8561,1342,028
13,0653,489
Amountof de-posits
252207187
1,321105
1,629
3,701
2,2931,5412,461
25113
6,433
529413216144133593253270211
2,296204
Other deposits
Active accounts
Numberof depos-
itors
147,45494,96182,567
593,93127,533
260,000
1, 206,446
1, 274, 2541,043,4411,917,118
23,800139,817
4, 398,430
460,124246,602101,44260.650
100,677106, 454205,08584,83679,538
698,38186,861
Amountof de-posits
79, 50141, 28932,938
290, 66129, 757
177, 227
651,373
602, 242464, 254822,988
12, 54861,600
1,963,632
156,40376,65130,65518, 25427, 24644,01962,92929,97737, 520
206,43934,109
Dormant ac-counts 2
Num-ber of
deposi-tors
29,60034,37912,906
103,7225,679
49,981
236,267
271,713209,809375,937
2,74432,478
892,681
125,794109, 62433,04735,08155,68263,974
104,18440,35156,669
199,82542, 203
Amountof de-posits
2,676655818
4,485296
2,777
11,707
14,3907,366
14,134220
2,661
38, 771
2,9551,393
354123272428543302
1,7632,203
319
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Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
KentuckyTennessee
Total Southern States.
Ohio _IndianaIllinois -_ -_Michigan -"WisconsinM innesotaIowaMissouri. _. -
Total Middle WesternStates
North DakotaSouth DakotaNebraskaKansasMontanaWyomingColoradoNew Mexico _ -Oklahoma __
Total Western States..
Washington _OregonCalifornia __ _ .IdahoUtahNevadaArizona.
Total Pacific States,_
Alaska (nonmember banks) -The Territory of Hawaii
(nonmember bank)
Total (nonmemberbanks) _
Total country banks...
Total United States. - .
295,445198,499
3, 638, 238
702, 768362,168639,114229, 207376, 589425,855150 823196,227
3,082, 751
104,91391,598
165, 788349, 728
78,80079,534
153,92756,057
419,900
1, 500, 245
189,688109,494299,44741,46418, 49919, 63628,630
706,858
7,549
69, 738
77, 287
15,812, 202
25, 419, 269
75,99679, 264
1,081,141
249,647121,922229,00699,801
135,041172,30259 76553,463
1,120,947
44,23139,05154,92588,31647,45128,24848,42720,267
111,863
482, 779
71,06332,502
151, 50016,6134,4709,739
17,003
302,890
3,952
29,123
33,075
6,150, 895
17, 055, 208
470276
6,527
2,114741
2,6841,3181,7024,3631,396
418
14, 736
8981,9201,8522,910
146314285176
1,051
9,552
2631,010
296241594793
2,009
16
21
49,414
53,161
3, 2404,422
73, 786
26, 78412, 53531,59711,1469,633
15,66211, 7307,056
126,143
4,7345,3785,639
13,0553,4563,8094,6663,953
18,550
63, 240
8,2103,444
13,4682,105
6501,5603,425
32,862
171
1,455
1,626
544, 780
1,076,691 1
6233,360
18,912
1,6081,0693,3231,2941,5161,977
600378
11, 765
609733396834289107181102390
3,641
863101938
<]
77119
2,107
284
2,003
2,287
87, 676
516, 322 1
1,1845,633
57, 563
7,8486,778
14,3534,7865,887
10,0955,6284,294
59,669
4,5196,1732,4723,3736,1862,0933,0821,2436,905
36,046
5,6401,6763,6761,213
176464
3,164
16, 009
313
322
635
245,034
578,817
137328
4,247
202355865136453576141261
2,989
2472082094891211054450
320
1,793
11940
12249
35
372
13
17
12,913
57, 778
7388,769
63,470
3,1685,040
12,371854
3,3808,2421,7142,500
37, 269
1,7181,8252,0544,5291,3582,079
999526
4,806
19,894
1,924273
3,0891,340
2064
654
7,364
30
269
299
211, 543
2,024,601
940]1,381
39, 968
5,9213,6735,9562,8668,3458,8561,7061,208
38, 531
2,3902,6992,3054,0402,0461,3152,1612,000
12, 773
31, 729
3,2771,5979,607
919268498985
17,151
71
986
1,057
181,371
665,007
154248
5,664
1,385455919609603
1,258314369
5,912
327525271431391266312328
1,330
4,181
335177
1,4831271898
228
2,466
18
284
302
28, 659
193,450
238,199]153,790
2,622, 639
602,145283,179516,495199,060307,655353, 580132, 335151, 705
2, 546,154
83, 75574,978
139,558266,36367,20154,105
109,62544,048
282,527
1,122,160
149, 69696,963
266, 65732,03415, 30513, 58124, 791
599, 027
7,268
62,476
69, 744
12, 564, 600
20,110, 720
68,13856,423
848, 763
206,63595,166
164,90980,237
112,424134,25939,21538,348
871,193
32,08724,22743,52365,21435,52419, 71938,80213,99978,382
351,477
53,47126, 558
126,98211, 7263,5207,3229,311
238,890
3,123
24,681
27,804
4, 953,132
12, 533,309
55,69942,724
964,857
92, 38674, 220
113,11425,82758,43458,48015,24542,635
480,341
17,62311,79321,86475,9269,286
23, 69541,8129,783
123,229
335,011
36, 3339,884
22, 7658,2212,8655,5052,726
88,299
190
6,258
6,448
3,003,904
4, 532,601
1,919409
12,983
2,219879
1,534875
1,598809564518
8,996
237190570880247175385116
1,500
4,300
620273
1,8649386
154102
3,192
13
109
122
80,071
132,018
1 Represents the number of checks and letters of credit outstanding.2 Represents deposits from which no withdrawals and to which no credits have been made (other than interest credited to such accounts) since Jan. 1, 1929.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
TABLE NO. 24.— United States bonds on deposit to secure circulating notes of national banks on Oct. 31, 1910 to 1934[For yearly figures 1865-1909, see reports for 1900, p. 305, and 1931, p. 213] 3
Year
1910 _
1911 _19121913-.1914._ .1915 _ .1916._191719181919 .192019211922-- .-192319241925-.1926 _ _19271928 -1929-.19301931__ .
1932
Numberof banks
7,218
7,3317,4287,5147,5787,6327,6087,6717,7657,9008,1578,1798,2628,2648,0988,1188,0087,8327,7077,5067,2186,619
6,104
United States bonds held as security for circulation
2-percentconsols of 1930
$580,145,400
593,006, 600601, 762, 600604, 264,950606, 622,300600, 678,600567, 690,250555, 514,950561,848,600565,094,950570, 372, 500576,522,950581,493,950586,801,800589,086,200591, 792,150591,139,900592, 582,450592,696, 700592, 721,100594, 757, 350591,180,800
591,369, 700
2-percentPanama Canal
loans of 1936and 1938
$78, 420,480
80,110,04081, 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, 392,98074, 352,98074, 290,84074, 471,74074,015,00074,371,10074,074, 540
73,496,940
3-percentbonds
[3 percent{ 1908-18,I $15,337,540
18,199,38020, 419, 22022, 245,10021,447,18020, 377, 72015,984,68017, 715, 220
32,240
/PanamaCanalloan of1961,
$1,000Conversion
bonds of1946-47,
1,000,000Treasury
bonds of1951-55,
\ 33, 579,450
3^-percentbonds
11
Treasurybonds of
' 1946-49,$28,345, 200
326-percentbonds
Treasurybonds of1940-43,$17,640,950
Treasurybonds of
\ 1941-43,28,719,400
Treasurybonds of1943-47,
\ 25,519,950
3K-percentbonds
4-percentbonds
(4-percent loan\ of 1925,[ $21,022,650
22,854,30026,817,00035,302, 70034,699, 30032,304,80026, 214,40034, 743,90050, 240,80058,055,05068, 578, 00077,257,40082,509,90085,823,15076, 687,050
Total
I $694,926,070
714,170,320730, 257,280743, 513,990744, 740,600734, 975,540687,957,990679,440,210684,446,440695,822,060712,066, 500727,512,490737, 660,690746, 562,330739, 842,890666,185,130665,492,880666,873,290667,168,440666,736,100669,128,450665,255,340
799,672,590
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Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
1933 5,799 565, 587,750
1934. 5,589 501,916,800
67,017, 780
43,516,900
PanamaCanalloan of1961,
1,000Conversion
bonds of1946-47,
1,020,000Treasury
bonds of1951-55,
49,414,500Panama
Canalloan of1961,
1,000Conversion
bonds of1946-47
15,000Treasury
bonds of1946-48
10, 240,250Treasury
bonds of1951-55,
32, 584,100
Treasurybonds of
1946-49,45, 333,150
Treasurybonds of
" 1946-49,19, 223, 650
Treasurybonds of1940-43,
18,113,150Treasury
bonds of1941-43,
38,440,400Treasury
bonds of1943-47,
27, 039, 500
Treasurybonds of1940-43,
8,826,550Treasury
bonds of1941-43,
23, 847,000Treasury
bonds of1943-47
23,477, 750
Treasury. bonds of1 1933-41,
$40, 664, 200
Treasurybonds of1933-41,
21,880, 650Treasury
bonds of1944-46,
11,191,000
852, 631, 430
696,720, 650
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TABLE NO. 25.—Profit on national bank-note circulation, based upon a deposit of $100,000 United States consols of 1930, and Panama Canalloan, at the average net price, monthly, during the year ended Oct. 31, 1934
CONSOLS OF 1930
Date Cost ofbonds
Circula-tion ob-tainable
Receipts
Intereston bonds
Intereston circu-
lationless 5
percentredemp-tion fund
Grossreceipts
Deductions
Tax Expenses Sinkingfund Total
Net re-ceipts
Interest oncost of
bonds at 6percent
Profit on circulationin excess of 6 per-cent on the invest-ment
Amount Percent
W
oog
swQ
1933NovemberDecember
1934JanuaryFebruaryMarchAprilMayJuneJulyAugust.. ---SeptemberOctober
$99,12598,000
97, 59499,10999, 750100,047100, 625101,156101,188100, 51699, 48499,719
$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
$97.1897.18
97.1897.1897.1897.1897.1897.1897.1897.1897.1897.18
Indeterminate..
$5,947. 505,880.00
5, 855. 645,946. 545, 985. 006,002.826,037. 50
6,071. 286,030.965,969.045,983.14
PANAMA CANAL LOAN (2's of 1916-36)
1933NovemberDecember
1934JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctober
1 Negative.
$100, 391100,172
99,797100, 219100, 656101,125101,469102,063102, 219101,047101, 359101, 391
$100,000100,000
100,000100, 000100,000100,000100,000100,000100,000100,000100, 000100,000
$2,0002,000
2,0002,0002,0002,0002,0002,000'2,0002,0002,0002,000
$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
$97.1897.18
97.1897.1897.1897.1897.1897.1897.1897.1897.1897.18
$139.7261.11
1 78. 3889.26268. 43482. 60688. 30971. 62
1, 080. 411, 044. 57683. 63767. 34
658. 29
518. 80686.44865. 61
1,079. 781, 285. 481, 568. 801, 677. 591, 641. 751, 280.811,364. 52
$6, 963.107,041. 71
7,181.207,013. 566, 834. 396, 620. 226,414. 526,131. 206, 022. 416,058. 256,419.196, 335.48
$6,023.466,010.32
5,987. 826,013.146,039. 366,067. 506, 088.146,123. 786,133.146,062. 826,081. 546,083. 46
$939. 641,031. 39
1,193. 381,000.42795. 03552. 72326. 387.42
-110.73-4.57337. 65252.02
0.9361.030
1.196.998.790.547.322.007
.333
.249
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPOET OF THE COMPTROLLER OF THE CURRENCY 275
TABLE NO. 26.—Investment value of United States bonds—Panama Canal bonds,and 2's of 1930
Date
Panama Canal bonds,2's of 1916-36
Averageprice, net
Rate of in-terest real-ized by in-
vestors
2 percent bonds of 1930
Averageprice, net
Rate of interest re-alized by investors
1934JanuaryAprilJulyOctober
$99. 797101.125102.219101.391
Percent2.0821.503.903
1.219
$97. 594100.047101.188
99. 719
Indeterminate.Do.Do.Do.
TABLE NO. 27.— United States bonds—Monthly range of prices in New York,November 1933 to October 1934, inclusive
Date Coupon bonds—2's of 1930
Registered bonds
2's of 1930 Panama 2's of1916-36
November:Opening..Highest. _Lowest...Closing...
December:Opening..Highest..Lowest. _.Closing...
January:Opening..Highest. .Lowest...Closings.
February:Opening..Highest..Lowest . . .Closing...
March:Opening..Highest-Lowest. _.Closing. _.
April:Opening..Highest...Lowest...Closing. _.
May:Opening-Highest.. .Lowest...Closing. _.
June:Opening..Highest. _Lowest.--Closing...
July:Opening..Highest..Lowest. _.Closing. _.
August:Opening..Highest...Lowest...Closing—-
September:Opening-Highest-.Lowest. __Closing. _-
October:Opening—Highes t -Lowest-._Closing—.
1933
1934
$99.24 @ 100.0099. 24 @ 100.00
99.0098.08® 99.00
99.0099.00
96.24® 97.1697.08@ 98.00
97.08® 98.0097.24® 98.1697.00@ 98.0097.24® 98.16
98.00® 98.1699.00® 99.1698.00® 98.1699.00® 99.16
99.00® 99.1699. 24 @ 100.0899.00® 99.1699. 24 @ 100.08
99. 24 @ 100.08100.00 @ 100.0499. 24 @ 100.08100.00 @ 100.04
100.02 @ 100.10101.08 @ 101.16100.02 @ 100.10101. 08 @ 101.16
101.08 @ 101.16101. 08 @ 101.16100.28 @ 101.04100. 28 @ 101.04
100. 28 @ 101.04101.28 ® 102.04100. 28 @ 101.04100.28 @ 101.04
100. 24 @ 101.00100. 24 @ 101.0099. 24 ® 100.16100. 00 @ 100.12
100.00 @ 100.12100.00 @ 100.12
98. 24 @ 99.1699.00® 99.24
99.00® 99.2499. 24 @ 100.0899.00® 99.2499. 24 @ 100.08
Not quoted.do.
— .dodo
.do._do._do--do_
-do.do-do_do
.do.-do.-do.-do.
,.do-_do.,-do._do.
_do.do.do
-do.-do._do--do.
_do._do._do.-do.
.do.
.do._do-do
_do.-do.-do.-do.
_do.-do..do._do.
_do-_do.-do.-do.
$100.04 @ 101.00100.16 @ 101.08100.00 @ 100.16100.00 @ 100.16
100.00 @ 100.16100.00 ® 100.1699. 28 @ 100.0499. 28 @ 100.04
99. 28 ® 100.0499. 28 @ 100.0499.16 ® 100.0099.16 @ 100.00
99. 24 @ 100.08100.08 @ 100.2499. 24 @ 100.08100.08 @ 100. 24
100.08 @ 100.24100.16 @ 101.00100.08 @ 100.24100.16 @ 101.00
100.16 ® 101.00101.00 @ 101. 24100.16 @ 101.00100. 24 ® 101.16
100. 24 ® 101.16101. 24 @ 102.04100.24 @ 101.16101. 24 @ 102.04
101.24 @ 102.04102.00 @ 102.12101. 24 @ 102.04102.00 @ 102. 08
102. 00 @ 102.08102.04 @ 102.12102.00 @ 102.08102.00 @ 102.08
102.00 @ 102.08102.00 @ 102.08101.16 @ 102.00101.16 @ 102.00
101.16 @ 102.00101.16 @ 102. 00100. 24 @ 101.16100. 24 @ 101.16
100. 24 @ 101.16101.08 @ 102.00100. 24 @ 101.16101.08 @ 101. 24Digitized for FRASER
http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
276 EEPOET OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 28.—Number, capital stock, and circulation outstanding of licensednational banks issuing circulating notes, together with the number and capitalstock of national banks not issuing circulating notes, June 30, 1934, by reservecities and States
[In thousands of dollars]
Location
CENTRAL RESERVE CITIES
New YorkChicago
Total central reserve cities
OTHER RESERVE CITIES
BostonBrooklyn and BronxBuffaloPhiladelphiaPittsburgh
Washington _ _Richmond— _CharlotteAtlantaSavannahJacksonvilleBirminghamNew OrleansDallasEl PasoFort Worth __ ,_ _ _GalvestonHouston... __ __. ___ _San Antonio _ _WacoLittle RockLouisvilleMemphisNashvilleC incinnatiClevelandColumbusToledoIndianaDolisChicago - ______PeoriaDetroitGrand RapidsMilwaukeeMinneapolisSt PaulCedar RapidsDes IVIoinesDubuqueSioux CityKansas City, Mo.St JosephSt. LouisLincolnOmahaKansas City KansTopekaWichita _ --HelenaDenverPuebloOklahoma CityTulsa _ _-Seattle
]
Num-ber ofbanks
75
12
52
146451322313421385312234231343
2243121343633233152223
June 30,1934
Sanks issuing circulation
Capital stock
Preferredand com-
mon (bookvalue)
23,2644,450
27,714
1,0003,025
50031, 33622, 5003,2503,4501,0501,3006,9005, 6006,000
10,0008,200
16,150600
2, 5001, 500
15, 7004,3001,350
3002,0004,5007,9007,900
21,7007,200
4007,0501,5003,260
1,65012, 20017,4009,000
5005,600
200850
3,300900
18, 6001,6505,025
9501,2001,400
3006,500
6006,2006,200
13, 000
Common(par
value)
22,9643,350
26,314
5002,375
41029,18622, 5002,2503,4501,0001,0506,4005,3006,0002,5005,200
13,150600
1,500900
9,4003,150
850300
2,0004,5003,9007,9009,7007,200
2005,2501,1502,760
90012, 20011,8006,750
5001,250
200650
3,300900
13, 5081,3502,600
4001,2001,300
3004,000
6003,1002,200
13, 000
Circula-tion out-standing
9,6002,688
12,288
5001,614
3608,233
14,4521,2552,8521,0001,0335,0421,9853,0602,5004,9847,077
6001,483
8888,3522,792
848300
1,9634,4573,7912,1596,9313,126
2004,881
8942,298
89611, 6556,3035,748
5001,247
200648831335
2,3881,3452,239
3971,1001,297
1993,993
5973,100
72510,314
I
Banks not issuing circulation
Num-ber ofbanks
35
8
52
3
141
3111
2
1
3
2
1411
3
1
32
Capital stock
Preferredand com-
mon (bookvalue)
284,770130,700
415,470
71,000500
4,040
4,6666, 0003,000
2,450750650350
700
1,000
900
20, 500
4003,850
200700
2,400
1,000
1,0002,800
Common(par
value)
184,77055,700
240,470
71,000500
3,490
4,0004,5003,000
1,400750300200
500
1,000
900
8,000
4002,500
200400
800
1,000
1,0002,600
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OP THE COMPTROLLER OF THE CURRENCY 277
TABLE NO. 28.—Number, capital stock, and circulation outstanding of licensednational banks issuing circulating notes, together with the number and capitalstock of national banks not issuing circulating notes, June 30, 1934, by reservecities and States—Continued
[In thousands of dollars]
Location
OTHER RESERVE CITIES—continued
SpokanePortlandLos AngelesSan FranciscoOgdenSalt Lake City
Total other reserve cities
Total all reserve cities
COUKTRY BANKS
MaineNew HampshireVermontM assachusettsRhode IslandConnecticut .- .
Total New England States. _.
New YorkNew Jersey -PennsylvaniaDelaware __ -Maryland.
Total Eastern States
VirginiaWest VirginiaNorth Carolina _South CarolinaGeorgiaFloridaAlabamaMississippiLouisianaTexas _.Arkansas __KentuckyTennessee
Total Southern States _ _.
OhioIndianaIllinoisMichigan _ «WisconsinMinnesotaIowaMissouri _
Total Middle Western States.
June 30, 1934
Banks issuing circulation
Num-ber ofbanks
224513
183
195
334937
1141246
291
388191637
1553
1,284
1197231164437682121
317409365
944
2191072216682
1798661
1,021
Capital stock
Preferredand com-
mon (bookvalue)
1,5006,500
46, 00081, 400
1,0002,650
462,196
489, 910
8,3416,2456,220
33,8317,470
20, 392
82,499
65, 76445,01698,590
1,8085,348
216, 526
22,43413, 3304,5203,4755,5967,350
13,0454,2405,305
29,5074,852
10,7459,699
134,098
30,95015,47222,42112,22513,55217,1335,9555,792
123,500
Common(par
value)
7506,500
34,00075,900
4001,850
363,939
390,253
5,8355,4474,775
24,6687,120
16,301
64,146
55,30936,51889,333
1,7084,241
187,109
20, 22411,1203,5902,6255,1906,8759,7302,8154,480
25,6354,0109,2958,399
113,988
27,80310,38018,3659,372
12,42013,2124,9694,725
101,246
Circula-tion out-standing
7506,448
18,20464,596
4001,779
250,144
262,432
4,4034,8913,971
18,7176,1439,404
47,529
42,55027,62374, 779
1,2033,589
149, 744
17,8259,3143,0312,3324,1325,1088,8552,3313,613
21,2233,3068,5447,933
97,547
23,6009,732
15,9489,158
10,55410,9004,2924,379
88,563
[
Banks not issuing circulation
Num-ber ofbanks
46
54
635
18
8
40
524337
14
137
116826
10144
10783
170
1910401621252710
168
Capital stock
Preferredand com-
mon (bookvalue)
128,190
543,660
959175415
4,620
2,165
8,334
5,9958,2783,280
25627
18,205
730450
1,250300350
2,33050
520300
6,520475100
13,375
2,3302,4504,4502,8201,7701,5851,421
660
17,486
Common(par
value)
108,440
348,910
659150325
2,660
2,095
5,889
5,6007,5172,890
25527
16,559
642355750250275
2,17525
490175
5,065335100
10, 637
2,1451,4103,9451,3631,3751,4201,126
485
13, 269
106093—35Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
278 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 28.—Number, capital stock, and circulation outstanding of licensednational banks issuing circulating notes, together with the number and capitalstock of national banks not issuing circulating notes, June 30, 1934, by reservecities and States—Continued
[In thousands of dollars]
Location
COUNTRY BANKS—continued
North DakotaSouth Dakota . .NebraskaKansasMontana. _WyomingColoradoNew Mexico.. _Oklahoma. __
Total Western States
WashingtonOregonCaliforniaIdaho. _.UtahNevadaArizona. _ ._ ,
Total Pacific States
Alaska (nonmember banks)The Territory of Hawaii (non-
member bank)
Total (nonmember banks)
Total country banks
Total United States
June 30,1934
:
Num-ber ofbanks
614797
15028235518
148
627
5044
10118867
234
3
1
4
4,405
4,600
Banks issuing circulation
Capital stock
Preferredand com-
mon (bookvalue)
4,7254,2855,6188,9023,4412,1704,1031,7758,308
43,327
6,9313,295
14,3772,065
450550
1,425
29,093
263
3,350
3,613
632,656
1,122,566
Common(par
value)
2,8951,8754,7238,3372,7251,8553,4901,3257,790
35,015
6,3752,773
11, 6381,470
320500
1,425
24,501
225
3,350
3,575
529,580
919,833
Circula-tion out-standing
2,1711,4814,1216,9591,8621,3522,9271,2046,228
28,305
5,0252,290
10,5081,299
277417854
20,670
175
3,328
3,503
435,861
698, 293
Banks not issuing circulation
Num-ber ofbanks
10173137193
186
62
203
127
2072
1
49
1
1
768
822
Capital stock
Preferredand com-
mon (bookvalue)
5581,3201,3651,760
870375
1,065285
2,720
10,318
842275
2,183225108
200
3,833
50
50
71,601
615, 261
Common(par
value)
5351,0351,1251,585
770350790285
2,435
8,910
535225
1,50522575
100
2,665
50
50
57,979
406,889
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
TABLE NO. 29.—National-bank notes issued, redeemed, and outstanding, by denominations and amounts, on Oct. 81, each year 1981 to 1984
[For prior years see Annual Eeports for 1920, p. 42, and 1931, p. 220]
Year
1931. . - .
1931
1932
1932
1933
1934_
1934
OLD SERIES
IssuedRedeemedOutstanding
NEW SERIES
Issued _.RedeemedOutstanding
OLD SERIES
IssuedRedeemedOutstanding
NEW SERIES
IssuedRedeemedOutstanding
OLD SERIES
IssuedRedeemedOutstanding
NEW SERIES
IssuedRedeemedOutstanding
OLD SERIES
Issued..RedeemedOutstanding
NEW SERIES
IssuedRedeemedOutstanding
Ones
23,169, 67722, 828, 895
340, 782
23,169, 67722, 828, 928
340, 749
23,169, 67722, 828,928
340, 749
23,169, 67722, 828, 928
340, 749
Twos
15, 495, 03815, 332, 568
162,470
15, 495, 03815, 332, 618
162, 420
15,495,03815,332,618
162,420
Fives
15,495,03815, 332, 618
162, 420
3, 671, 919, 3603, 656, 801,150
15,118, 210
370, 660,020237,344,670133, 315, 350
3,671,919,3603, 658, 731,190
13.188,170
524, 707, 860371,118, 920153, 588, 940
3, 671,919, 3603, 660, 392, 200
11, 527,160
673,899,645505,699, 255168,200,390
3, 671,919,3603, 661, 286,630
10, 632, 730
809, 644, 595657, 043,515152, 601,080
Tens
5, 973, 628, 4805, 942, 854, 205
30, 774, 275
539, 871, 600290, 390,040249, 481, 560
5,973,628,4805, 948, 554, 990
25,073,490
777,170, 880446, 764, 780330, 406,100
5, 973, 628,4805,953, 627,055
20,001,425
1, 002,947,180623, 622, 510379,324,670
5,973,628, 4805, 956,074,125
17, 554, 355
1,181,581,140834,990, 840346, 590, 300
Twenties
3, 464, 395, 5203, 431, 759, 720
32, 635, 800
289, 973,16097,065, 740
192, 907, 420
3,464,395, 5203, 439, 078, 200
25,317, 320
415,146,840165, 977, 200249,169,640
3,464,395, 5203,445,941,600
18,453, 920
529, 262,900236,362, 360292,900,540
3,464, 395, 5203, 449,022,940
15,372,580
615,161, 220323, 455, 560291, 705, 660
Fifties
410, 619, 750404, 602, 900
6, 016, 850
28, 612, 6006, 868,050
21, 744, 550
410, 619, 750405, 965, 700
4,654, 050
44, 723,80010, 587, 75034,136, 050
410, 619, 750407, 217, 300
3, 402, 450
51, 313, 35015, 018, 75036,294,600
410, 619, 750407, 808, 350
2,811,400
56,146, 45020,163,90035, 982, 550
Onehundreds
502, 217,900494, 799, 000
7, 418, 900
17, 367, 4002,018,900
15, 348, 500
502, 217,900496, 355, 700
5,862, 200
30, 203, 20G3, 428,000
26, 775, 200
502, 217,900497,890,800
4, 327,100
38,137,9005, 573, 000
32,564,900
502, 217, 900498, 550, 700
3, 667, 200
43,465. 7008, 364, 400
35,101, 300
Fivehundreds
12,289, 50012, 202, 000
87, 500
12, 289, 50012, 202, 000
87, 500
12, 289, 50012, 202,000
87,500
12, 289, 50012, 202,000
87, 500
One thou-sands
7,454,0007,433,000
21,000
7,454,0007, 433, 000
21,000
7,454,0007,433,000
21,000
7,454, 0007,433,000
21,000
Total
14,081,189, 22513,988, 613, 438
92, 575, 787
1, 246, 484, 780633, 687, 400612, 797, 380
14,081,189, 22514,006,482, 326
74,706,899
1, 791,952,580997,876, 650794,075,930
14,081,189, 22514,022,865, 501
58,323, 724
2, 295, 560,9751,386, 275,875
909,285,100
14,081,189, 22514,030, 539,291
50,649,934
2, 705,999,1051,844,018,215
861,980,890
Issued dur-ing current
year
457,163, 430
545,467, 800
410, 438,130
1-3
WtelaohjHWOf1
tel
o
503,608,395 ft
ad
io
toCO
NOTE 1.—First issue Dec. 21, 1863; first redemption Apr. 5, 1865.NOTE 2.—Gold notes included since 1915.NOTE 3.—Fractions and nonassorted notes not included.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
280 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 30.—National-bank currency issued to banks monthly from Nov. 1,1933, to Oct. 31, 1934, and since 1863
Issued onaccount of
redemptionsIssued on
bonds Total issuedGrand totalissued since
1863
1933NovemberDecember
1934JanuaryFebruaryMarchAprilMay._JuneJulyAugustSeptemberOctober
Total
$31,365, 04029,207,410
35,478,32527,570,48527,616,78027,784, 58524, 701,06030,290,73028,067,53026,113,14523,404, 76525,147,085
336,746,940
$7,847,18032,648, 230
6, 281,8506,411,0205, 667,1503,468,1002,978,4502,335,580491, 250
1,914,450941,590
2,706,340
$39,212, 22061,855,640
41,760,17533,981,50533, 283, 93031,252,68527,679,51032, 626, 31028,558,78028,027,59524,346,35527,853,425
73,691,190 410,438,130
$16,463,845,98016,525,701,620
16,567,461,79516,601,443, 30016, 634, 727, 23016, 665,979,91516, 693, 659,42516, 726, 285, 73516,754,844,51516,782,872,11016,807, 218,46516,835,071,890
TABLE NO. 31.—National-bank notes received monthly for redemption during yearended Oct. 31, 1934
Month
Received by the Comptroller of the Currency
From nationalbanks in con-nection withreduction ofcirculation
and replace-ment withnew notes
From the redemption agency
For replacementwith new notes
Retirementaccount
Total
November.December-
JanuaryFebruary. _MarchAprilMayJuneJulyAugustSeptember.October
Total _
1933
1934
$33,960.00
$31,829,497.5028,892,860.00
35,566,050.0027,662, 290.0028,149,560.0027,438,400.0027,627, 210.0029,425,440.0026,350, 412. 5026, 256, 395. 0023,919,847. 5025,346,610.00
$7,659,570.006,719,690.00
8,113,990.007, 276, 780.008, 223,655.00
11, 213,150.0011,009,425.0011, 697, 790.0015,118,895.0014,566,975.0011,426,190. 0013,069,535.00
33,960. 00 338,464, 572.50 126, 095,645.00
Received from June 20, 1874, toOct. 31, 1933
$39,489,067. 5035, 612,550. 00
43,680,040.0034, 939,070.0036, 373, 215.0038,651,550.0038, 636,635.0041,123, 230. 0041,469,307. 5040, 823, 370. 0035,346,037.5038,450,105. 00
464, 594,177. 50
59, 371, 225.00 13, 263,557,180.00 1,929,063,662.00
Grand total. 59,405,185.00 13,602,021, 752. 50 2,055,159, 307. 00
15, 251, 992,067.00
157716, 586, 244. 50
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 281
TABLE NO. 32.—National-bank notes received at Currency Bureau and destroyedsince establishment of the system
[For yearly figures 1866-99 see report for 1931, p. 223]
Date
Prior to Nov. 1, 1865During the year ended Oct. 31—
1866-991900190119021903190419051906 _ _19071908 _ _ .19091910191119121913191419151916 _1917191819191920
Amount
$175,490.00
1,789,185,225. 0071,065,968.0090,848,100.00
107,222,495.00140,306, 990. 00167,118,135. 00195,194,785.00191,102,985. 00197,932,847. 00231,128,140. 00326, 622,845. 00359,496,000. 00409,835, 965. 00428, 399, 608. 00426, 282,840. 00435, 904, 280. 00362, 551,125. 00351, 374, 597. 00298,468,107.00236, 296, 660. 00QQA iflfl cc r An424, 542, 837. 00
Date
During the year ended Oct. 31—Continued.
19211922192319241925192619271928192919301931193219331934
Total-Additional amount of insolvent
and liquidating national-bank notes destroyed
Gold notes
Grand total
Amount
$570,887,902.00537,153, 570.00542,194,707.00522,241,817.00470, 950,865.00487,254,340.00475,920, 522.00517,236,465.00492,160, 200.00645, 640,640.00433,315, 240.00341, 314,325.00346, 712, 255. 00339, 901, 582. 50
14, 294,047,009. 50
1,577,010, 516. 503,390, 560. 00
1 15, 874, 448, 086. 00
i In addition, $46,115 destroyed in transit.
TABLE NO. 33.—National-bank notes issued during each year 1914-84, national-bank notes of active, insolvent, and liquidated banks destroyed, total destructionsfor each year, and percentage of destructions to issues
Year endedOct. 31—
1914191519161917191819191920192119221923192419251926192719281929 i193011931193219331934
$818, 227,830364, 049, 710356,300, 750325, 570, 430260,155,140356, 738,100456,046, 770603, 301, 700569,444,140569, 856, 070550,498,910492,110, 950509,464,360506,131,540542,913, 470517, 573, 245683, 508, 845457,163, 430545,467,800503, 608, 395410, 438,130
[For prior years, see report for 1920, vol. 2
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, 865487, 254, 340475,920, 523517, 236,465492,160, 200645, 641, 640433, 315, 340341, 314, 705346, 712, 265339, 901, 595
Destroyed
Insolventand liqui-
dated banks
$20, 246,418342,807, 35259,026,80438, 901, 59520, 238, 71724,864, 63519, 794, 54020, 417, 02513, 688, 63017, 586, 75026,654, 56882, 442, 85535, 085, 34226, 925, 35527, 663, 50526, 022, 68432, 927, 84027, 772, 33240, 743, 43358, 070,135
125, 514, 535
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, 720522, 339, 682502,845, 878544,899, 970518,182,884678, 569, 480461,087,672382, 058,138404, 782,400465, 416,130
p . 51]
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, 744700, 714, 532702,992, 694700,152, 454700, 328, 815700,155,900669, 969, 441863, 075,900961, 548,135907, 392,088
Percentdestruc-tions,active
banks toissues
53.2799.5998.6291.6890.8392.5393.0994.6294.3395.1494.8695.7095.6494.0395.2795.0894.4594.7862.5768.8482.81
Percentdestruc-tions toissues
55.75193. 75115.18103. 6298.6199.5097.4398.0196.7398.2399.73
112. 45102. 5299.35
100.36100.1199.27
100.8569.9180.37
113. 39
i New series included.
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282 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 34.—Amount, denomination, and cost of national bank currencyreceived from Bureau of Engraving and Printing year ended Oct. 31, 1934
6-SUBJECT SHEET, SERIES OF 1929
Denominations
5 . .102050100 _
Total
Amount
$128, 758,320169,152,360
92, 695, 6804, 622,4007, 735, 200
402,963,960
Cost of paper
$24,034.8915, 787. 55
4, 325. 8086.2872.20
44, 306. 72
Cost of print-ing, etc.
$154,080. 79101,209. 50
27, 731.46553.15462. 82
284,037. 72
Total cost
$178,115. 68116, 997.0532,057. 26
639. 43535. 02
328, 344. 44
TABLE NO. 35.—Vault account of currency received and issued by Currency Bureauduring the year, and the amount on hand Oct. 31, 1934
OLD SERIES
National bank currency in vaults at the close of business Oct. 31,1933 $19,930National bank currency received from Bureau of Engraving and Printing, during the year
ended Oct. 31,1934 0Amount issued to banks during the year 0
Amount in vaults at close of business, Oct. 31, 1934 19,930
NEW SERIES
National bank currency in vaults at the close of business Oct. 31,1933 257,592,915National currency received from Bureau of Engraving and Printing during the year ended
Oct. 31,1934 402,963,960
Total to be accounted for 660,556,875Amount issued to banks during the year $410,438,130Amount withdrawn from vaults and canceled 16,613,615
Total withdrawn 427,051,745Amount in vaults at close of business Oct. 31, 1934... 233,505,130Add "Old series" 19,930
Total amount in vaults 233,525,060
TABLE NO. 36.—Vault account of currency received and destroyed during yearended Oct. 31, 1934
Amount in vault of Redemption Division of Currency Bureau awaiting destruction atclose of business Oct. 31, 1933 $6,122,980.00
Amount received during year ended Oct. 31, 1934 464,594,177.50
Total 470,717,157.50Withdrawn and destroyed during year 465,416,117.50
Balance on hand in vault Oct. 31, 1934 5,301,040.00
TABLE NO. 37.—Amount of currency received for redemption, by months, fromJuly 1, 1933, to June 30, 1934, and counted into the cash of the National BankRedemption Agency
National-banknotes
Federal Re-serve bank
notesFederal Re-serve notes
United Statescurrency Total
1933JulyAugustSeptemberOctoberNovemberDecember
1934JanuaryFebruaryMarchAprilMayJune
Tota l—.
$39, 286,122. 0042, 603, 242. 5040,004,069. 0041, 305,119. 0036,078, 722. 5035,136,980. 00
45,023,201.0033,361,041.0038,826, 636. 0037,074,128. 0041, 592, 033. 0040,174,996. 00
$821, 7851, 470,0072, 238, 8502, 749,3793, 541, 9624,438,813
6, 602, 3434, 930, 8156, 60S, 9826,341,8846, 032,1876, 059, 619
$4, 545,1353, 656,9803,475,6608,892,9253,180,8454,070, 575
4, 340, 2954, 277, 2603,485,4553, 479,8803, 474,1053, 216,935
$8, 343. 856,478. 555, 478. 5610,002. 065.871. 007,712.50
13,886.183,251.003, 793.903,320.404, 719.164,903. 50
$44, 661,385. 8547, 736, 708. 0545, 724,057. 5652, 957,425. 0642,807,400. 5043, 654, 080. 50
55, 979, 725.1842, 572, 367. 0048, 924,866. 9046,899, 212. 4051,103, 044.1649,456,453. 50
470,466, 290. 00 51,836, 626 50,096, 050 77, 760. 66 572,476, 726. 66
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REPOET OF THE COMPTROLLER OF THE CURRENCY 283
TABLE NO. 38.—Amount of currency received by the National Bank RedemptionAgency for redemption in year ended June 30, 1934, from principal cities
Boston $27,945,706.50New York 133,612,700.00Philadelphia 53,410,444.00Cleveland 21,470,500.00Richmond 19,530,600.00Atlanta 18,174,450.00Chicago 49,865,477.00St. Louis 22,792,564.50Minneapolis 11,419,000.00
Kansas City $7,916,250.00Dallas 9,734,300.00San Francisco 27,987,500.00Cincinnati 9,185,300.00Baltimore 6,805,234.00New Orleans 6,757,704.00Other places 145,897,579.16
Total 572,505,309.16NOTE.—The difference of $28,582.50 between the totals shown by this table and table no. 34, represents
the net adjustments for overs, shorts, and spurious issues found in remittances received.
The total amount of currency of all issues received by the National Bank Redemption Agency andcounted into cash from June 30, 1874, exclusive of deductions for shortages and spurious issues, is$20,769,293,260.84.
TABLE NO. 39.—Cost of redemption of national-bank notes during the year endedJune 80, 1934
Redeemed out of 5-percent fund, unfit for use:SalariesPrinting, binding, and stationeryContingent expenses _ _InsurancePostage
Total . . . .
Redeemed on retirement account:Salaries.. . . . . . -. .Printing, binding, and stationeryContingent expenses . . .InsurancePostage .-- . --. .
Total
Aggregate.
Reedemed out of 5-percent fund, unfit for useRedeemed on retirement account.
Total
Amount of expenses
Office TreasurerUnited States(N.B.R.A.)
$170,359. 2311,434.152,862. 74
10, 575.876,071.10
201, 303. 09
46,139. 513,096. 78
775.342, 864. 331, 644. 27
54, 520. 23
255,823. 32
Amountredeemed
$368, 297, 380.0099, 748,405. 00
468,045, 785. 00
Office Comp-troller of Cur-
rency
$34, 786. 881, 333. 70
709. 6110,616.13
109,147. 22
156, 593. 54
9, 421. 56361. 22192.19
9,974. 97
166, 568. 51
Rate per$1,000
$0.97175991. 64657879
. 90245836
Total
$205,146.1112, 767. 853, 572. 35
21,192. 00115, 218. 32
357,896. 63
55, 561.073,458. 00
967. 532,864. 331, 644. 27
64,495. 20
422,391. 83
Amount ofexpenses
$357, 896. 6364,495. 20
422, 391. 83
TABLE NO. 40.—Classification of Federal Reserve currency redemptions, the amountredeemed, number of notes, cost of redemption per 1,000 notes, and amount assessedupon Federal Reserve banks, year ended June 30, 1934
Amount
Federal Reserve notes:Received from various sources, whole notes:
SalariesPrinting, binding, and stationeryContingent expenses
Total
Received direct from Federal Reserve banks and branches, canceled and cut:SalariesPrinting, binding, and stationery -Contingent expenses
Total. -_ --_ -_
$1,813.1316.7330.47
1,860. 33
32, 927. 2677.43
607. 50
33, 612.19Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
284 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 40.—Classification of Federal Reserve currency redemptions, the amountredeemed, number of notes, cost of redemption per 1,000 notes, and amount assessedupon Federal Reserve banks, year ended June 30, 1934-—Continued
Federal Reserve bank notes, new series:Received from various sources:
SalariesPrinting, binding, and stationeryContingent expensesInsurance-- _ - .Postage __.
Total
Aggregate.-
Federal Reserve notes:Received from various sources, whole notes __Received direct from Federal Reserve banks
and branches, canceled and cutFederal Reserve bank notes, new series:
Received from various sources
Total _
Amount indollars
$50,218,795
989,356, 700
50, 426, 500
1,090,001,995
Number ofnotes
3, 294,890
106, 748, 307
6,836, 662
116,879,859
Rate per1.000 notes
$0. 56460961
.31487328
.86473047
. 35407632
Amoun t
$3, 762.1134.7263.22
1, 377. 49674. 33
5, 911.87
41,384. 39
Assessment
$1,860.33
33,612.19
5,911.87
41,384.39
TABLE NO. 41.—Taxes assessed on national-bank circulation, years ended June 30,1864-1934; cost of redemption, 1874-1934; and assessments for cost of plates, etc.,1883-1934
[For yearly figures 1883-1911 see report for 1931, p . 227]
Year
1864-18821874-18821883-1911191219131914
1915
1916191719181919192019211922192319241925192619271928
1929_ _.__
19301931193219331934
To ta l - .
Semiannualduty on
circulation
$52,253, 518.24
62, 595,336. 733,690,313.533,804,762.293,889,733.17
/ 2 3,901, 541.18\ 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. 323,661,819.453, 277, 512.903,253,461. 973,234,240. 29
3,441,152. 95
3,248,327.853, 242,977. 923,175,189. 243, 415,840. 634,518,904.84
201, 693, 252. 06
Cost of re-redemption ofnotes by the
United StatesTreasurer
$1,971, 587.105, 269, 078.81
505, 735. 21517,842. 93529,013.36
} 498, 328. 60
450,150. 22420,160.42412, 785. 92528, 424. 24974,058.11
1,115,146. 00594,168. 70514,598.55527, 979. 90459, 790. 43494, 470. 91467, 411. 42465, 080.16
461, 375. 92
642, 676. 54445, 683. 09424, 431. 75424, 963. 21422,391. 83
19, 537, 333. 33
Assess-ment forcost ofplates,
newbanks *
$821,11622, 74028, 56011, 560
16,660
10,0859,200
16,77015,60031,85031,07018,24423,46418, 75612,68222, 94822, 61820,890
/ 15,792I 3,930
2,2863,1746,762
11, 27015, 364
1, 213, 385
Assess-ment forcost ofplates,
extendedbanks
$473, 29528,19019,8058,500
13,855
9,7006,000
11,12015,34028, 99082,16052, 7805,8503,5564,456
763, 597
Assess-ment for
cost ofplates,addi-tional
or dupli-cate
$4,1306,9756,300
11,175
3,4206,4609,1007,590
20, 77012, 67017, 22625, 26231, 3884,404
30, 56437,92421,728
17, 914
129636
275,144
Assess-ment foradding
signaturesto plates,
etc.i
$493.00841. 00773. 00591. 00
1, 610. 001,110.001, 229. 89
/ 1,322.301 54.00
8, 280. 0011,079.0011,028.0011,181. 0011, 256. 00
60,848.19
Total
$52, 253, 518. 241, 971, 587.10
69,158,820. 544,251,108.744, 377, 945.224, 445,106.53
7, 418,626. 51
4, 218,322. 993,975.451.704,106,671. 264,194,015.044, 762, 569. 265, 047,636.024, 624, 372.874,600,351.854, 646,161. 224,143, 742.883,827,105.813, 782, 525. 393, 743,168. 34
J 3,941,541.17
3,901,570.393, 702, 914.013, 617.422. 993, 863,350. 844, 967, 952. 67
223,543,559.58
1 Beginning in the latter part of 1929 amounts in this column concern logotypes incident to reduced sizenotes, series of 1929.
2 Tax collected on additional circulation under act May 30, 1908.
NOTE.—Average cost per $1,000 for national-bank notes redeemed in 1925, $0.83; in 1926, $0.94; in 1927,$0.93; in 1928, $0.86; in 1929, $0.95; in 1930, $0.88; in 1931, $0.91; in 1932, $1.08; in 1933, $1.14; and in 1934, $0-90.Digitized for FRASER
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REPORT OF THE COMPTROLLER OP THE CURRENCY 285
TABLE NO. 42.—Federal Reserve notes outstanding according to weekly statements(amount issued by Federal Reserve agents to Federal Reserve banks less notesredeemed), and collateral security therefor, from Nov. 1, 1933, to Oct. 31, 1934
[In thousands of dollars]
DateFederal Ee-serve notesoutstanding
Collateral security
Gold* Eligiblepaper
UnitedStates
Govern-ment
securities
Excesscollateral
Nov. 1 ___.Nov. 8Nov. 15Nov. 22Nov. 29Dec. 6Dec. 13Dec. 20Dec. 27
1934Jan. 3Jan.10Jan. 17Jan. 24Jan. 31Feb.7Feb. 14Feb. 21.._Feb. 28Mar. 7Mar. 14Mar. 21Mar. 28Apr. 4Apr. 11Apr. 18Apr. 25May 2May 9May 16May 23May 30June 6June 13June 20June 27July 3July 11July 18July 25Aug. 1Aug. 8Aug. 15Aug. 22Aug. 29Sept. 5Sept. 12Sept. 19Sept. 26Oct. 3Oct. 10Oct. 17Oct. 24Oct. 31
3,230,3523.239, 5323.240, 6013,235,0083, 264, 8913,301,9813, 314,4623, 369,1093, 363,184
3,344,1223,291,0533, 228,0433, 202,0073,180,9433, 200,8443,204,1503, 223,4913, 224, 6443, 250,0403, 244,2803, 249,8293,250, 3983, 310,9693, 304,8603, 309, 7083, 310, 5323, 323, 3593,345,1383,337, 6863, 332, 5113,330,0833,359,6013,351, 5193,348, 7033, 338,3103,376,1933,392,3263,387, 6393,376,0823, 376,1623, 388, 5443, 389,8133,393,6503, 392,4993,416,3573,436, 6033,435, 0553,427, 5823,448, 3303,471, 5893,474, 7573,459,1913,443, 685
2, 638, 5612, 637,1262, 630, 2542, 627, 7792, 618, 2542,611,8642, 617,9342, 599, 9892, 595,043
2, 618,1242, 599,8952, 567, 3172, 541,8182, 516,3172, 541,8182, 573, 3182, 663,3182, 765,3182,840, 6182,897,1182,884,1522,875, 2182,924,3453,042,8963,003,4712,989, 2712, 983, 2713.013, 7713,021, 7713.014, 7713,004, 7712, 999, 7713, 076, 7713,102, 8713,073, 6563, 093,6563,115,1563,113, 6563,118, 6563,098,1563,134,1563,125, 6563,131, 6563,130,6563,145,1563,189, 6563,187, 4163,175,9163,177, 4163,194, 4163, 214,4163, 214,4163, 224,416
74,49171,08978,40584, 61096, 276131,210188,900184,456177,422
185,060176,081174,952165, 201158,736137,328122, 358110,00095,14975,42663,03056,47154,14847,06834,41829, 33225, 29622,15118,87516,44017,00918,87115, 27115, 67216, 24515, 72518, 07111, 62612, 45711,02610,83110, 26310, 2509,623
10, 68513,12012,85211, 78810, 6629,4148,1908,4497,9619,238
572, 000580, 000562, 600573, 600597, 600616,000585,000644,000639,000
601,100564, 500563,100558,800570,100561,100548,100496,100412, 800376,000326,400346, 700351,700376,000275,400313,400331,400355,400349, 300341, 300352,300364, 300375, 300302, 700267, 000292,000305,000302, 000309, 000293, 000297,400281,500294, 500289, 500296, 000296,000278,400292, 300298,800304,800292, 400294,400294, 800277, 800
54, 70048,68330, 65850,98147, 23957,09377, 37259, 33648, 281
60,16249,42377, 32663,81264,21039, 40239,62645,92748,62342,00442, 26837.49430,66836, 44447,85436.49535,43537,46336,80841,82551, 56957,85930, 74143, 62437, 41343,07140, 53436, 45647,47446, 60030, 22537,37540, 59337,12944,84237,91944, 30556, 44957, 79643, 30023,41742, 50857, 98667, 769
* Beginning Jan. 31,1934, represents gold certificates on hand and due from United States Treasury.
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TABLE NO. 43.—Federal Reserve notes, segregated by series, printed, shipped and canceled, issued to banks, retired, and destroyed sinceorganization of the banks, with the balance in vaults and amount outstanding Oct. 81, 1934
Total printed. _.Total shipped and canceled -
Fives
$5,370,100,0005,370,100,000
Tens
$5,978,520,0005,978,520,000
VAULT BALANCE OCT.
Twenties
$6,092, 240,0006,092, 240,000
Fifties
$1,283,800,0001,283,800,000
31, 1934, 1914-18 SERIES
One hundreds
$884,400,000884,400,000
Five hundreds
$173,000,000173,000,000
Onethousands
$333,600,000333,600,000
Fivethousands
$108,000,000108,000,000
Tenthousands
$184,000,000184,000,000
Total
$20,407,660,00020,407,660,000
VAULT BALANCE OCT. 31, 1934, 1928-34 SERIES
Total printedTotal shipped and canceled -
Total on hand
$2, 325,060, 0001, 833, 580, 000
491, 480, 000
$3, 377,160,0002,887,440,000
489, 720,000
$3, 252, 720,0002, 606,880,000
645, 840,000
$1,368,200,000924,200,000
444,000,000
$1, 739,600,0001,242,800,000
496,800,000
$951,260,000514, 26d, 000
437,000, 000
$1,160,996,000724,196,000
436,800,000
$81,840,00039,120,000
42, 720,000
$110,880,00045, 720,000
65,160,000
oo
1-3
w$14,367, 716,000 H10,818,196,000
O3, 549,520,000 O
s
Total printedTotal shipped and canceled-
Total on hand
$7, 695,160, 0007, 203, 680,000
491,480,000
COMBINED VAULT BALANCE
$9,355,680,0008,865,960,000
489, 720,000
$9,344,960,0008,699,120,000
645,840,000
$2, 652,000,0002,208,000,000
444,000,000
OCT. 31, 1934
$2, 624,000,0002,127, 200,000
496,800,000
, BOTH SERIES
$1,124, 260,000687,260,000
437,000,000
$1,494, 596,0001,057, 796,000
436,800,000
$189,840,000147,120,000
42,720,000
$294,880,000229, 720,000
65,160,000
$34, 775,376,00031,225,856,000
3,549,520,000
Total issuedTotal retired
Total outstanding
$6,148,375, 2506,132, 545,850
15,829,400
ISSUED, RETIRED, AND OUTSTANDING OCT. 31, 1934, 1914-18
$6,990,812,0406,970,507,380
20,304,660
$7,192, 258,0407,160, 561, 780
31,696,260
$1,486,660,0501,473,071,950
13,588,100
$1, 111, 562,8001,096,537,900
15,024,900
$184,528,500181,532,500
2,996,000
SERIES
$424,150,000415,476,000
8,674,000
$73,340,00073,205,000
135,000
$127, 260,000126,900,000
360,000
$23, 738,946,68023,630,338,360
108,608,320
ISSUED, RETIRED, AND OUTSTANDING OCT. 31, 1934, 1928 SERIES
Total issuedTotal retired
Total outstanding
$2,478,334,3702,143,012,880
335, 321,490
$4, 339,945,1203, 458,915,560
881,029, 560
$3,840,445,8402,869,267,560
971,178, 280
$1,170,555,850888,872,000
281, 683, 850
$1,656,538,3001,148,468,100
508,070, 200
$521,894,000407,808,000
114,086,000
$831,691,000606, 287,000
225,404,000
$46,565,00039,860,000
6, 705,000
$78,670,00067,070,000
11, 600, 000
$14,964,639,48011,629,561,100
3,335,078,380
o
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COMBINED ISSUED, RETIRED, AND OUTSTANDING OCT. 31, 1934, BOTH SERIES
Total issuedTotal retired
Total outstanding
$8, 626, 709,6208, 275,558,730
351,150,890
$11,330,757,16010,429,422,940
901,334,220
$11,032,703,88010,029,829,340
1,002,974,540
$2,657,215,9002, 361,943,950
295, 271,950
$2,768,101,1002, 245,006,000
523,095,100
$706,422, 500589.340,500
117,082,000
$1,255,841,0001,021. 763,000
234,078,000
$119,905,000113,065,000
6,840,000
$205,930,000193,970, 000
11,960, 000
$38,703, 586,16035,259,899,460
3,443,686,700
MUTILATED FEDERAL RESERVE NOTES, BY DENOMINATIONS, RECEIVED AND DESTROYED SINCE ORGANIZATION OF BANKS AND ON HANDIN VAULTS OCT. 31, 1934. 1914-18 SERIES
sBoston...New YorkPhiladelphiaCleveland __Richmond _.Atlanta _ChicagoSt. LouisMinneapolisKansas CityDallasSan Francisco
Total receivedTotal destroyed
$451,072,9551,484,615, 240
518, 033,450365,090,420229,127,440271,051,370821,929,425207,948,080145,739,935218,816,305142, 243, 790457,862 190
5,313, 530, 6005, 313, 530, 600
$695,821,3201,761,718,590564,780,470437,157,400274,411,410311,932,190845,031,940214, 272,730142,866,580163,761,770129,407,910412,933,030
5,954,095,3405,954,095,340
$513, 259,9801,169,018,080599, 576,580766,926,340337,204,100316,174, 540930, 563,360213, 557,000130,408,880181,956,960136,465, 700711,592,220
6,006, 703, 7406, 006, 703,740
$52,133,150259,893,450184, 418,950297,270,20082,427,40042,695,050197,746,00028,195,9507,854,90018,385,65010, 659,65067,131, 550
1, 248,811,9001,248.811,900
$71,774,600303,744,40062, 684, 60065, 656,80041,137,20046,482, 20086,737, 50018,313,10011,646, 50025,022, 20012,133,100104,442,900
849,775,100849,775,100
$6,685,00061,904,0003,343, 5007,592,5001,995,50012,956,00014,697, 5003,309,5001,947,5003,476,0002,147, 5009,948, 500
130, 003, 000130, 003, 000
$20,456,000122,957,00013, 295,0008,553,0008,291,00040,169,00018, 248,0004,153,0002, 669,0004,211,0004, 316, 00021, 209,000
268, 527,000268, 527, 000
$3,985,0007,985,000
1,980,0002,000,000
3,930,0002,000,000
13,985,000
35,865, 00035,865,000
$8,010,00015,910,000
3,970,0004,000,000
4, 000, 000
19,750,000
55, 640, 00055, 640, 000
$1,823,198,0055,187,745,7601,946,132,5501,954,196,660980,594,050
1,041,460,3502,918,883,725695,749,360443,133,295615, 629,8S5437,373, 650
1,818,854,390
19,862,951,68019,862,951,680
MUTILATED FEDERAL RESERVE NOTES, BY DENOMINATIONS, RECEIVED AND DESTROYED SINCE ORGANIZATION OF BANKS AND ONHAND IN VAULT OCT. 31, 1934, 1928 SERIES
BostonNew York . . ._Philadelphia.Cleveland..RichinondAtlantaChicagoSt. Louis . . - _. . .MinneapolisKansas CityDallasSan Francisco
Total receivedTotal destroyed
Balance on hand
$103, 415, 655275,146, 695145,132,860103, 630, 605
57, 044, 56580, 336, 610
166,227,31096, 771, 87028,152,11538, 733, 79021, 749, 295
107, 798, 460
1,224,139,8301, 220,440, 330
3, 699, 500
$240, 371,880440,199, 760185,853, 040155,940,660
98, 498, 45073,836,080
241, 455, 30080, 258, 24036, 350,96053, 041, 30031, 617, 91082, 273, 080
1, 719, 896, 6601, 713,968,410
5, 728, 250
$92, 684,980195,320,160110,877,580142, 242,840
82, 568,80045, 059, 760
133, 296, 20045, 690,86023, 469, 50044, 436, 00024, 888, 96090, 415, 520
1,030,951,1601, 027, 678,860
3, 272, 300
$8,178,15028. 521,85037, 536,10020, 556, 70013, 521,300
7, 601, 85031, 378, 250
3, 223, 9501, 097, 8002,808, 7501, 235, 4005, 688, 250
161, 348, 350160, 988, 700
359, 650
$10, 501,80026,856, 20010, 882, 300
5, 233, 6008, 527, 0009, 343,800
12,119, 2003, 806, 6001, 918, 8004, 021, 6002, 290, 3009, 416, 600
104, 917,800104, 658, 500
259, 300
$814, 0006, 331,000
850, 5002, 534, 000
342, 5003, 663, 5001, 322, 500
227, 000289, 000
1, 572, 500291, 000403, 500
18, 641, 00018, 574, 000
67,000
$1, 798, 0009, 380, 0001, 498, 0004, 0(35, 0006, 268, 0005, 434,0005, 561, 000
317, 000378, 000
2,491,000364, 000699, 000
38, 253, 00038, 055, 000
198,000
$40, 00050, 000
75, 00070,00035, 00045,000
70, 0005,000
390, 000390, 000
$40,000270,000
190,000180, 000
20, 00010, 000
710, 000710,000
$457,844,465982, 075, 665492,630,380434,468, 405267,020, 61522,5, 310, 600591, 404, 760230, 295, 520
91, 656,175147,194, 94082,451,865
296, 694, 410
4, 299,047,8004, 285, 463,800
13, 584, 000
2
9
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Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
TABLE NO. 43.—Federal Reserve notes, segregated by series, printed, shipped and canceled, issued to banks, retired, and destroyed sinceorganization of the banks, with the balance in vaults and amount outstanding Oct. 31, 1934—Continued
COMBINED MUTILATED FEDEEAL RESERVE NOTES, BY DENOMINATIONS, RECEIVED AND DESTROYED SINCE ORGANIZATION OF BANKSAND ON HAND IN VAULT OCT. 31, 1934, BOTH SERIES
Total received.. _Total destroyed
Balance on hand.
Fives
$6, 537, 670, 4306, 533,970,930
3. 699, 500
Tens
$7, 673, 792, 0007, 668, 063, 750
5.728, 250
Twenties
$7, 037, 654,9007,034, 382,600
3, 272, 300
Fifties
$1,410,160,2501,409, 800,600
359,650
One hundreds
$954, 692,900954, 433, 600
259,300
Five hundreds
$148, 644, 000148, 577, 000
67,000
Onethousands
$306, 780,000306, 582, 000
198, 000
Fivethousands
$36, 255, 00036, 255, 000
Tenthousands
$56, 350, 00056, 350, 000
Total
$24,161,999,48024,148, 415,480
13, 584,000
NOTE.—During the fiscal year Nov. 1, 1933, to Oct. 31, 1934, badly mutilated, burned, and fractional parts of Federal Reserve notes amounting to $35,364—new series, $33,014old series, $320; Federal Reserve bank notes, 1929 series, $2,030; have been identified, valued, and the bank issue determined.
TABLE NO. 44.—Aggregate amount of Federal Reserve bank notes, old series, printed, issued, canceled, and redeemed, by denominations, sincethe inauguration of the Federal Reserve System, and amount outstanding, Oct. 31, 1934
VAULT BALANCE, OCT. 31, 1934
Total printedTotal issued and canceled
Ones
$478,892,000478,892,000
Twos
$135,192,000135,192,000
Fives
$121,460,000121, 460,000
Tens
$16,440,00016,440,000
Twenties
$9,760,0009,760,000
Fifties
$200,000200,000
Total
$761,944,000761,944,000
ISSUED, REDEEMED, AND OUTSTANDING, OCT. 31, 1934
Total issued. __ ._Total redeemed
Total outstanding
$478,892,000477, 269, 518
1, 622,482
$135,192,000134, 784, 759
407,241
$121,460,000121,193,045
266,955
$16,440,00016,377, 335
62,665
$9, 760,0009,696, 230
63, 770
$200,000190, 350
9,650
$761,944,000759, 511,237
2,432,763
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Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
TABLE NO. 44—A.—Aggregate amount of Federal Reserve bank notes, series 1929, printed, shipped, and on hand; issued, retired, and outstanding;received for destruction by denominations, during period Mar. 9, 1933, to Oct. 31, 1934) under the terms of sec. 18, Federal Reserve Act, asamended Mar. 9, 1933
VAULT BALANCE OCT. 31, 1934
Total printed_ . . . . _Total shipped
Total on hand- _-_ _._
Fives
$126,300,00072,860,000
53,440,000
Tens
$216, 720,000118, 720,000
98,000,000
Twenties
$269, 280,000143, 920,000
125, 360,000
Fifties
$138, 600,00061, 400, 000
77, 200,000
One hundreds
$160,800,00064, 000,000
93,800, 000
Total
$911,700,000460,900,000
450,800,000
ISSUED, RETIRED, AND OUTSTANDING, OCT. 31, 1934
Total issuedTotal retired
Total outstanding
$64,985,00048, 691,500
16, 293,500
$79,917,00042, 553,150
37, 363,850
$87, 382,00041,280,200
46,101,800
$19,415,00010,976,950
8, 438, 050
$33, 200,00015,905, 300
17, 294, 700
$284,899,000159,407,100
125,491,900
MUTILATED FEDERAL RESERVE BANK NOTES,
BANKBostonNew YorkPhiladelphia _. _.ClevelandRichmondAtlantaChicago _ . _ _ _ _St. LouisMinneapolis _ _ _ _ _ _Kansas CityDallas _ __San Francisco
Total receivedTotal destroyed __
Balance on hand -._
BY D E N O M I N A T I O N S , R E C E I V E D A N D D E S T R O Y E D S I N C E O R G A N I Z A T I O N OFON H A N D I N V A U L T OCT. 31, 1934
$5, 064, 7502,884,4006, 223,7004, 683,400
1,711,4007,483,050
935,3001,091,0501,228,6001, 413,2001,043,900
33,762,75033,486,950
275,800
$1,258,1505,967, 9502, 083,2502,380, 800
605,2001,595,0002,495,3003,790,950
250, 6002,041,3001,196,150
746,500
24,411,15023,994, 650
416, 500
$2, 871,0005,732,1001,012, 8001, 260,7001,334,400
705,4001, 442,300
39,400277,600610,300
1,177, 200723,000
17,186, 20016, 868, 800
317,400i
$1,015, 300
112,800
35,850
1,163,9501,138,850
25,100
$621,100
62,500
186,400
64,800
934, 800912,300
22, 500
BANKS, AND
$9,193,90016,220,8509,319,7508,500,2001,939,6004,011,800
11, 607,0504,765, 6501,619,2503,880,2003,887,2002, 513,400
77,458, 85076,401, 550
1,057,300
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Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
TABLE N O . 45.—National banks in charge of receivers during year ended Oct. 81, 1934, dates of organization and appointment of receivers,capital at date of organization and at date of failure, dividends paid while solvent, lawful money deposited with Treasurer of the UnitedStates to redeem circulation to Oct. 81, 1934, circulation outstanding, borrowed money, and total deposits at date of failure
toCO
o
Name and location of bank
Farmers & Drovers National Bank, Waynesburg,Pa
First National Bank, Sutton, W. Va.»American National Bank, Billings, MontCitizens National Bank, Laurel, MontCommercial National Bank, Wilmington, N. C—Merchants National Bank, Mandan, N. Dak.9
First National Bank, Webster, S. DakSioux Falls National Bank, Sioux Falls, S. Dak.9_First National Bank, Brookings, S. Dak.9
First National Bank, Huron, S. DakFirst National Bank of Fergus County, Lewis-
town, MontDrovers National Bank, East St. Louis, 111City National Bank of Huron, Huron, S. Dak. i . .First National Bank, Ozark, Ala.9
First National Bank, Townsend, Mont.9
National Bank of Commerce, Pierre, S. DakFirst National Bank, Matoaka, W. Va.»_ __Georgia National Bank, Athens, GaBurgettstown National Bank, Burgettstown, Pa_.First National Bank, Selma, N. C__First National Bank, Florence, S. CFirst National Bank, St. Cloud, MinnGlobe National Bank, Denver, ColoFirst National Bank, Warren, Minn.9
Muskogee Security National Bank, Muskogee,Okla.9 _
Gregory National Bank, Gregory, S. DakWarren National Bank, Warren, MinnBroadway National Bank, Denver, ColoFirst National Bank, Waukon, Iowa 9
First Nationri Bank, Shenandoah, IowaFirst National Bank, Jonesboro, Ark __
Organization
Char-terno.
839621311696871612176106046502282330872819
727410399878176299982427911264652524081073997472790116235866
122779377112861225049212363
Date
Jan.Apr.Apr.MayApr.Aug.Nov.Nov.Nov.May
MayApr.JuneFeb.Jan.Feb.Nov.Oct.Jan.MayMar.Sept.Feb.May
30,18657,19025,19203,1907
17,192224,191419,190214.188215.188319,1882
9,190430,19133,190713.190531,191113,18907,191814,190225,18797,191523,191025,18825,192018,1901
Nov. 8,1922Mar. 23,1909Dec. 28,1918Aug. 10,1922Apr. 22.1893May 5,1877Dec. 20,1905
Capital
$150,00035,000
150 00035,000
200,00050,00025,00050,00050,00050,000
100,000200,00050,00025,00050,00075,00025.000100,00050,00030,000100,00050,000200,00025,000
100,00050,00030,000200,00050,00050,000
100,000
Totaldividendspaid dur-ing exist-ence as anationalbankingassocia-
tion
$597,75031, 500
7,700
5,00032,500240,500270, 500166,350
485.00057,00044,75085,73726,000
139,04816,250
716,000444, 50011,400
167,000401,00066,00081,250
12,00077,4776,400
28,000226,500417,000206,000
Failures
Capital
$200,00050,000
150,00035,000200,00050,00025,000150,000100,00065,000
300,000200,00050,00035,00050,000100,00050,000400,000100,00030,000150,000250,000200,00050,000
200,00050,00050,000200,000100,00050,000
100,000
Receiverappointed
Dec.Aug.Sept.Jan.Jan.Dec.Jan.Jan.Feb.Mar.
Apr.MayJuneOct.Jan.Feb.Mar.Apr.MayMayMayJuneOct.Oct.
12,190629,191423.19224.1923
31.192326.19232.1924
24.19249.1924
14,1924
12,192422,192410,192423.19248,1925
11.19253.1925
17,192514,192516,192522,192524,19251,1925
10,1925
Nov. 7,1925Nov. 25,1925Dec. 5,1925Jan. 16,1926Jan. 18,1926May 13.1926June 4,1926
Lawfulmoney
deposited
$100,00050,000
33,90091,50025,00024.70074,25098.50029,000
124, 500
39,00032.40012, 50079,50050.000
200.00098,4008,800
124,000
24, 600
48, 50025,000
93,20020,00040,000
Circula-tion out-standingat date
of failure
$100,00050,000
33,90091,50025,00024,70074,25098,50029,000
124, 500
39,00032,40012,50079,50050,000200,000
8,800124,000
24, 600
48,50025,000
93,20020,00040,000
Borrowedmoney(bills
payable,redis-
counts,etc.) atdate offailure
$1,126,04521,05894,108
110,000484, 36143,91247, 595
583,120370,382667,305
805,805107,368667,305157.73316,076
89,403998,86970,00072,847
318,438402,890376,954113,171
263,720115,266100,130
104,306367,006201,365
Totaldeposits
at date offailure
$1,131,990365,125512.069232,905
2,026,264334,505241,585
2,215,436682,058
1,307,918
3,506,398569,079
1,307,918175,14082,590
1,073,294604,024
1, 418,5191,724,366199,987
1,175,8141,889,0854,318,064418,618
2,122,001290, 520341,515
2,318,247739,072635,983419,317
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
First National Bank, Pepin, Wis _First National Bank, Woonsocket, S. DakFirst National Bank, Waubay, S. DakOakes National Bank, Oakes, N. Dak.9National Farmers Bank, Owatonna, MinnFarmers & Merchants National Bank, Merced,
CalifFarmers & Merchants National Bank, Lake City,
s cFirst Nationaa'Bank",~Mil~bank,~s""DakA-I"—---.Clarinda National Bank, Clarinda, Iowa __.First National Bank, Marked Tree, Ark.«First National Bank, Leeds, N. DakFarmers National Bank, Brookings, S. Dak.9First National Bank, Malvern, IowaFirst National Bank, Haleyville, AlaCitizens National Bank, Ortonville, Minn.9First National Bank, Beardsley, MinnFirst National Bank, Edgeley, N. DakFirst National Bank, Clinton, Minn.«Citizens National Bank, Albert Lea, MinnFirst National Bank, Allegan, MichFarmers & Merchants National Bank, Mount
Morris, PaFirst National Bank, Rush City, Minn.9First National Bank, Dunbar, PaProvident National Bank, Waco, Tex.1First National Bank, Columbia City, Ind.Farmers & Merchants National Bank, Alcester, S.
DakFirst National Bank, Graf ton, N. Dak._First National Bank, Chowchilla, Calif.9Peoples National Bank, Waukon, Iowa9
First National Bank, East Grand Forks, Minn.._.First National Bank, Bishop, Calif _.Citizens National Bank, Waynesburg, PaFirst National Bank, New Cumberland, W. Va._.First National Bank, Checotah, Okla._New Georgia National Bank, Albany, GaFirst National Bank, Minnewaukan, N. DakFirst National Bank, Mullens, W. Va,_Astoria National Bank, Astoria, Oreg_._First National Bank, Carrington, N. DakFirst National Bank, Toronto, S. Dak.9Commercial National Bank, Statesville, N. CFirst National Bank, Bristow, Okla._First National Bank, Arcadia, Ind__First National Bank, Calexico, Calif.9First National Bank, Plainview, Nebr.9
Footnotes at end of table, p. 331.
107255946612469884928
10352
10681647331121112263126462224711613674774387914716161281829
6954757643097132
10818284010978102074638109994267658251281286355001227044035551638193356260
9504
Apr. 7,1915Aug. 6,1901Jan. 31,1902Mar. 21,1903May 29,1893
Jan. 4,1913
Dec.Oct.Dec.Dec.JuneAug.Feb.Feb.Apr.JulyAug.Feb.Jan.May
26,191416,190226,188317,19179,1902
29.19029,18759,1920
18.19037,1904
29,190513.190422,190211.1871
Sept. 22,1903Aug. 1,1903Jan. 20,1905Mar. 31,1890Feb. 2,1904
Dec.Nov.Mar.MaySept.Nov.Jan.Dec.MayDec.JulyNov.Aug.JulyJulyDec.Apr.JulyJan.July
30.191514,188229,19171,19127,189121.191615,18909,190223,189822,19259,19003,19229,18906,19008,190226.190829,19028,190927,191027.1909
25,00025,00025,00025,00080,000
100,000
100,00025,00050,00025,00025,00050,00050,00025,00025,00025,00025,00025,00050,00050,000
25,00025,00050,000
300,00050,000
25,00050,00025,00050,00050,00025,00050,00040,00050, 000300,00025,00025,00050, 00025,00025,000100, 00025,00025,00025,00040,000
15,50098,05042,50026,000199,200
26,000
82,000118, 797206,81714,60035,00083,050272,0006,000
54, 50037,000170,05070,250110,000272,050
29,00064,50061,000
1,320,000171, 000
43, 750296, 5002,750
138, 000126, 000
1,565, 00073,350
234, 60090,00084,250
297,354128,86171, 290145,500202,50015,000112, 25050, 000
25,00050,00025,00025,00075,000
100,000
100,00050,00050,00050,00025,00050,00050,00025,00025.00025,00085,00025,00050,00050,000
25,00050,00050,000
300,000100, 000
50,00050,00025,000125,00050, 00050, 000500,00050,00050,000200,00025, 00025, 000200, 00050,00025, 000100,00050,00025,000300,00040,000
July 23,1926do
Aug. 20,1926Sept. 4,1926Sept. 10,1926
Sept. 23,1926
Oct. 18,1926Nov. 15,1926Nov. 29,1926Nov. 30,1926Dec. 1,1926Dec. 3,1926Dec. 10,1926Dec. 17,1926Jan. 4,1927Jan. 21,1927Jan. 31,1927Feb. 10,1927Feb. 18,1927
do
Feb. 21,1927do
Mar. 7,1927Mar. 26,1927Mar. 31,1927
MayMayMayJulyJulyAug.Aug.Nov.Dec.Jan.Jan.Jan.Feb.Mar.Apr.Apr.Apr.JulyJulyAug.
17,192725,192728,192719,192728,192715,192717,192721.19271.19274.19286,192816.192824,192826,19283,192819,192825,19283,192824,192822,1928
15,0006,250
24, 50074,550
97,60038, 50049,50048,30024, 70049,20012, 500
15,40024, 99748, 60020,00049,39846,900
24,50048,40048,10050,00094, 200
49,600
123, 20037,498
50,00049,300197,99724, 745
24, 70024, 30098,20025, 00025,000
39, 700
15,0006,25024,50074, 550
97,60038,50049,50048,30024, 70049,20012,500
15,40024,99748,60020,00049,39746,900
24,50048,40048,10050,00094,200
49,600
123, 20037,498
275,00050, 00049, 300197,99724, 745
24, 70024,30098, 20025, 00025, 000
39, 700
74,59618,37127,65981,099
229,029
64, 518103,83092,22514,20886,64145,41534,87561,8085,300
47,08737,205117,049
26,15028,180
301, 75493, 312
24,684
25,88557,52114,400
58,55830,499526, 738
48,673240, 56439, 27618,950199, 88798,48438,934
1, 226, 48573, 050
251,640195,852171,508216,250
1,446,671
1,128,135
719,644332,973599,132107,658128,672976, 522231,793100, 507265,030252,056273,196162,825887,404581,948
310,068359,940366,597
1,010,834
396,354866 808219,524529, 744481,798763,199
4,080,072550,814233,446721,845172,443185,768
2, 242, 061325,911205,349910, 884548,130173,74010, 741
267, 232
fcOCO
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
TABLE NO. 45.—National banks in charge of receivers during year ended Oct. 31, 1934, dates of organization and appointment of receivers,capital at date of organization and at date of failure, dividends paid while solvent, lawful money deposited with Treasurer of the UnitedStates to redeem circulation to Oct. 31, 1934, circulation outstanding, borrowed money, and total deposits at date of failure—Continued
toCOto
Name and location of bank
Organization
Char-terno.
Date Capital
Totaldividendspaid dur-ing exist-ence as anationalbankingassocia-
tion .
Failures
Capital Receiverappointed
Lawfulmoney
deposited
Circula-tion out-standingat date
of failure
Borrowedmoney(bills
payable,redis-
counts,etc.) atdate offailure
Totaldepositsat date of
failure
Lake County National Bank, Madison, S. Dak.s.First National Bank, Dublin, Ga.First National Bank, Aledo, 111Carolina National Bank, Darlington, S. CFirst National Bank, Cheraw, S. CFarmers National Bank, Wakefield, Nebr.9Fourth National Bank, Macon, GaFirst National Bank, Richland Center, WisFirst National Bank, Warren, IndCass County National Bank, Casselton, N. Dak..Peoples National Bank, Middletown, Del.9First & Moorhead National Bank, Moorhead,
MinnFirst National Bank, Frisco, Tex.9.First National Bank, Kingsbury, Tex.9First National Bank, Coleridge, Nebr.9._Exchange National Bank, Spokane, WashFirst Exchange National Bank, Coeur d'Alene,
IdahoMinneapolis National Bank, Minneapolis, Kans_.First National Bank, Manchester, IowaCitizens National Bank, Hope, Ind.9First National Bank, Avon Park, FlaFirst National Bank, Punta Gorda, FlaFirst National Bank, Bixby, Okla..-Carlton National Bank, Wauchula, FlaFirst National Bank, Rockford, IowaNational Bank of Larimore, N. DakFirst National Bank, Sandersville, GaNational Bank of Emmetsburg, Emmetsburg, Iowa.First National Bank, Sanborn, N. DakPeoples National Bank, Adena, OhioReed City National Bank, Reed City, MichFirst National Bank, Ruthven, IowaFirst National Bank, Sebring, Fla
106366374714599999342998483657901793071423019
256963461026697964044
712037314221572610826105121046710691305362867934130598448601612474554112090
Oct. 2,1914May 3,1902Jan. 24,1904Apr. 14,1911Feb. 4,1909Mar. 24,1911Aug. 2,1906Aug. 7,1905May 10,1905Jan. 11,1904June 2,1883
Aug. 13,1881July 2,1902Aug. 15,1912May 18,1910May 4,1889
Jan.JuneJan.Feb.Feb.Apr.Dec.Jan.JulyMayAug.Apr.Oct.Aug.Dec.JulyDec.
14.190414,188717,18907,190110,19166.19141,19137.191518,188326,190215.19055,192712.19068,19018,19237,190027,1921
$75, 00050,00025,00050,00025,00040,000250,00030,00025,00025,00080,000
50,00025,00025,00040,000100,000
100,00060,00050,00025, 00025,00025,00025,00050,00050,00025, 00042, 00060, 00025, 00025,00025,00025,00050,000
$114,000461,00076,30098, 50054, 50075,000701,00087,30024,00085, 250208,400
172, 50031, 25026,50064,600
2, 720,000
71,000231,600146,000123,000104,00049, 37522, 50039,000172,50048, 500154,880
65,000
6,00062,12533, 500
$75,000200,00050,000100,00050,00050,000
500, 00050,00025,00025,00080,000
150,00025,00025,00040,000
1,000,000
100,00060,00050,00030,000100,00050,00025,00050,00050,00025,00050, 00060,00025,00050,00025,00025,000
100,000
Aug. 29,1928Sept. 24,1928Sept. 27,1928Nov. 2,1928Nov. 14,1928Nov. 21,1928Nov. 26,1928
doDec. 7,1928Dec. 10,1928Dec. 14,1928
Dec. 24,1928Dec. 31,1928Jan. 10,1929Jan. 12,1929Jan. 18,1929
Jan. 19,1929Feb. 9,1929Feb. 13,1929Feb. 15,1929Feb. 18,1929
doFeb. 20,1929Feb. 21,1929Feb. 23,1929Mar. 5,1929Mar. 14,1929Mar. 15,1929Apr. 10,1929Apr. 13,1929M a y 2,1929
doMay 4,1929
$65,000100,00040,00085, 50050,00050,000
49,30024, 99525,00050, 500
109, 99524,5506,25039, 350
880,800
100,00060,00039, 44829,45016, 25022,0006,050
12, 50021, 50025, 000
25,00025,000
$65,000100,00040,00085, 50050,00050,000
49, 30024, 99525,00050,500
109,99524,5506,25039, 350
100,00060,00039, 44829, 45016, 25022,0006,050
12, 50021, 50025,000
25, 00025,000
$638,851101,990118, 72834, 36344, 545
1, 673,00025, 7806,19854,884174,130
170,0026,56213,94278,140
1, 239, 500
68,00060,00024,000115,800
61,81838,492
199, 616
7,000 7,000
18,422105, 67323,04725, 50861, 651
$465, 247893, 686457, 596600, 598253,116461,419
7, 690, 486804, 491185,804269, 217425, 318
1, 896, 45060,49038, 205150, 689
7, 500, 236
1, 018, 391525,118558, 579313,914345, 432455, 591181, 685411, 262154, 787163, 618231, 649701,11860, 358498, 265212,659194,631390,452
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
First National Bank, Lakeland, FlaFirst National Bank, Auburndale, FlaFirst National Bank, Shinnston, W. Va..First National Bank, Aneta, N. DakFirst National Bank in Langdon, N. DakFirst National Bank, Mayville, N. Dak_.Polk County National Bank in Bartow, FlaEast Alabama National Bank, Eufaula, AlaNational Bank of Newberry, Newberry, S. CSouth Pasadena National Bank, South Pasadena,
Calif.*First National Bank, McHenry, N. Dak.» _First National Bank, De Land, Fla._First National Bank, Sanford, Fla .-First National Bank, St. Augustine, Fla _Miners National Bank, Blossburg, PaFirst National Bank, Maquon, 111 . . .First National Bank, Montezuma, IowaFirst National Bank, Eldorado Springs, MoFirst National Bank, Delta, Colo.— -First National Bank, Taylorville, 111First National Bank, New Bern, N. CFirst National Bank, Clarksville, Ark.»...First National Bank, Tower City, N. DakFirst National Bank, Grundy, Va __.Carolina National Bank, Spartanburg, S. CFirst National Bank, Greeley, Nebr___First National Bank in Mount Sterling, 111First National Bank, Samson, AlaFirst National Bank, Seward, Pa -First National Bank, Florala, Ala _First National Bank, Bishopville, S. CFirst National Bank, Burlington Junction, Mo.»..Dothan National Bank, Dothan, Ala.First National Bank, Humphrey, NebrTexas National Bank, Fort Worth, Tex_ _First National Bank, Northwood, N. Dak _First National Bank of Royse, Royse City, Tex.»._First National Bank, Ennis, TexFirst National Bank, Roy, Mont_._First National Bank, Brantley, Ala._ ._First National Bank, Gaffney, S. CFirst National Bank, Ambrose, N. Dak.._American National Bank, Kewanna, IndFirst National Bank, Tranquillity, Calif -First National Bank, Milford, 111.9First National Bank, Tallassee, Ala__First National Bank, Edmore, N. DakCommercial National Bank, Chatsworth, HI...Citizens National Bank, Streeter, N. Dak.
981112983945311311130533673133093622184412852
812496573798346250078482296110055546735791329896336557116981214676221321380281189989101026362425909533712371598065511211010991799150649386106161143351491076666015519
11166
JuneAug.JuneFeb.Mar.Apr.Apr.Dec.MayNov.
Feb.Jan.Apr.Feb.JuneNov.MayJuneMayOct.Mar.Nov.Dec.Apr.Jan.Feb.MayDec.Dec.Sept.Aug.Apr.JulyApr.MayAug.Nov.Jan.Apr.Nov.Mar.Nov.Apr.JulyOct.JulyJan.JulyMar.
9,191017,192614,190918.19199,19274,18871,192923.18866,187117,1925
1.19065,191019.188716,18866,189510,190621,188330.191122,19009,188618,192927,19099,192319.192016,19223,190512,192822,190621,19204.190728.191218,19026,190116.19003,192328.190117.190216,192211,19176,190511,18976.190821,191415,1919
14,191515,190314,190028,1918
50,00050,00045,00025,00050,00050,000200,00059,00050,000100,000
25,00050,00050,00050,00050,00035,00050,00050,00030,00075, 000150,00025, 00025,00050, 000
200, 00025,00050, 00025,00025,00050, 00050,00025,00050, 00025, 000300,00025, 00030,000200, 00025,00025, 00050,00025, 00025,00050,00050,00025,00025,00025,00025,000
206,0003,000
123, 750
228, 000
286, 380705, 500
29, 00085, 500241,225807,900127, 50018,900191,00066,500156,000657, 290
9,09486, 500
54, 00083, 250
127,0003,50064, 82534, 000137,000798, 68367, 270237, 36990, 750151, 50020, 00014, 59061, 000380,00051, 7508,5009,000
219, 07523,250101,750100,1008,750
100,00050,00090,00025,00050,00050,000200, 000100,000100, 000100, 000
25,000100,000150,000130,00050,00035,00050,00050, 00050,000200, 000150,000100,00025, 00050,000200,00025, 00050,000100, 00025,000100, 000100, 00025, 000400,00035, 000500, 00050, 00050, 000100, 00025, 00050, 000150, 00025, 00025, 00050,00050, 00025,00025,00040,00025, 000
M a y 15,1929do
M a y 22,1929June 3,1929June 14,1929June 25,1929June 28,1929July 1,1929
do-_.July 2,1929
July 3,1929July 12,1929July 15,1929July 25,1929July 30,1929Aug. 14,1929Sept. 16,1929Sept. 23,1929Sept. 25,1929Oct. 18,1929Oct. 26,1929Nov. 18,1929Dec. 10,1929Dec. 13,1929Dec. 30,1929
doJan. 7,1930Jan. 8,1930Jan. 10,1930Jan. 13,1930Jan. 18,1930Jan. 22,1930Jan. 30,1930
do...Feb. 4,1930Feb. 5,1930Feb. 11,1930_. do
doFeb. 17,1930
doFeb. 20,1930Feb. 25,1930Feb. 27,1930Mar. 4,1930Mar. 6,1930Mar. 8,1930
doMar. 10,1930
44,400
70,45098,600
100,000
130,00049,00023,40048,85049, 05049,60098, 55023,90025,00025,00050, 000
7,000
12,5008,32086, 07544,9006,250
9,980484,94024, 46012, 500100, 000
12, 78037,4976,50025, 00050,00045,98024,4006,07039, 280
44, 400
70, 45098, 600
100, 000
130,00049,00023,40048,85049,05049,60098, 55023,90025,00025,00050, 000
7,000
12, 5008,32086, 07544,9006,250
9,980484, 94024,46012, 500100, 000
12, 78037,4976,500
25, 00050,00045,98024,4006,07039, 280
159,15052, 67573, 65634, 98875, 26320,000494, 531298, 50784,118
28, 063232, 710192,183623,19774,11025,889
40,18391, 625285,920328,10372, 45616,67861,920145,00057, 475366,11353,08315,00088,86293,396
303, 57067,265
1,171,16145,933
13, 51311,858170, 00016,84217,114
31,841
21,79258,01042,105
1,907,478289,053840, 213185,954164,094163, 380
1,046,039414, 340
1,108,313704,440
46, 7631, 255, 2871,713,4861, 649,3121,167, 522127,145496,376315,831457,555
1, 023,4371,472,945353,17960,923159, 202927, 503251,187487, 75284,378157, 319311, 827465,914284, 431970, 705264, 580
6, 362, 097247,828153, 397504, 08357, 625131, 706
1, 261,84481,303208, 091310,857348,967323,469119, 090319, 205166,496
Footnotes at end of table, p. 331.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
TABLE NO. 45.—National banks in charge of receivers during year ended Oct. 31, 1934, dates of organization and appointment of receivers,capital at date of organization and at date of failure, dividends paid while solvent, lawful money deposited with Treasurer of the UnitedStates to redeem circulation to Oct. 31, 1934, circulation outstanding, borrowed money, and total deposits at date of failure—Continued
toCO
Name and location of bank
Organization
Char-terno.
Date Capital
Totaldividendspaid dur-ing exist-ence as anationalbanking
tion
Failures
Capital Receiverappointed
Lawfulmoney
deposited
Circula-tion out-standingat date
of failure
Borrowedmoney(bills
payable,redis-
counts,etc.) atdate offailure
Totaldepositsat date of
failure
First National Bank, Rising Star, TexFirst National Bank, Coffee Springs, AlaCommercial National Bank, Independence, Kans_.Security National Bank, Cherokee, IowaFirst National Bank, Hazard, Ky.1-..Peoples-First National Bank, White Hall, 111First National Bank, Wanette, OklaPana National Bank, Pana, 111Farmers National Bank, Oskaloosa, Iowa »National Bank of Tifton, Tifton, Ga.»State National Bank, Idabel, Okla _._Saunders Co. National, Bank, Wahoo, NebrFirst National Bank, Pineville, W. VaFirst National Bank, Jasper, FlaNational Loan & Exchange Bank, Greenwood, S. C.First National Bank, St. Petersburg, Fla...Farmers National Bank,Strawn, Dl.»First National Bank, Cheboygan, Mich.9First National Bank in Poultney, Vt_New-First National Bank in Farmland, IndFirst National Bank, Litchville, N. DakFirst National Bank, Williams, Iowa9
Union National Bank, Connellsville, PaFirst National Bank in Fresno, CalifFirst National Bank, Grass Range, MontNational Bank of Arkansas at Pine Bluff, ArkCitizens National Bank, Connellsville, Pa.. —First National Bank, Vanderbilt, Pa.»Citizens National Bank, Galion, Ohio ._._-._„.First National Bank, McLeansboro, 111Port Newark National Bank, Newark, N. JFirst National Bank, Ayrshire, Iowa... _.Farmers National Bank, Glenwood City, WisClymer National Bank, Clymer, PaFirst National Bank, Burt, Iowa
790611259449910711825871216641673480768350121063118767277577027773071513235132611286682985585640811473109391076864528190198466491294654791108398985685
Aug. 24,1905Oct. 28,1918Jan. 1,1891Feb. 10,1915May 28,1906Jan. 4,1904Feb. 6,1903Apr. 14,1903Jan. 24,1906Aug. 10,1906Jan. 17,1922Jan. 3,1884Mar. 6,1905Jan. 17,1905Sept. 16,1903Apr. 26,1905Jan. 12,1904June 19,1884Nov. 12,1928Nov. 25,1925June 9,1906Sept. 13,1900Aug. 9,1902Sept. 29,1919Dec. 18,1916Aug. 12,1915Sept. 12,1902Feb. 21,1906Mar. 20,1872Apr. 4,1902May 5,1926June 11,1900Sept. 1,1917Oct. 10,1910Jan. 5,1901
$25,00025,000
100,00050,00025,00050, 00025,00050, 000
100,00050,00050,00055,00025,00030,00050,00025,00025,00050,000
100,00025,00025,00025,00050,000
200,00030,000
100,00025,00025,00060,00025,000
200,00025,00025,00025,00025,000
$52,75017,000
659,75027, 000
85,00075,250
133, 500114,00088,5002,500
181,95025,50049, 085
152,000927, 75047,500
235, 7508,0006,000
65,50059,00026,50018, 0006,000
185,000170,00027,000
383,400113,000
70,7505,000
41,00051,750
$25,00025,000
250.00050,000
100,000100,00025,000
100,000100,000100,00050,00050,00025,00030,000
100,000600,00025,00050,000
100,00025,00025,00025, 00050,000
400,00030,000
100,000100,000
25, 000100,00050,000
200,00025,00025,00075,00040,000
Mar. 12,1930Mar. 13,1930Mar. 14,1930Mar. 17,1930Mar. 18,1930Mar. 20,1930Mar. 24,1930Apr. 1,1930Apr. 9,1930Apr. 12,1930Apr. 19,1930Apr. 22,1930May 1,1930May 13,1930May 16,1930June 9,1930June 11,1930June 12,1930June 20,1930June 25,1930June 30,1930July 1,1930July 3,1930July 7,1930July 9,1930July 21,1930July 31,1930Aug. 4,1930
do.do.
Aug. 8,1930Aug. 12,1930Aug. 22,1930
doSept. 5,1930
100,00048,920
47, 8406,300
100,000
49,160
24,46025,00029,040100,000
25,00050,00048,438
25,00024,58050,000200,00010,00098,920100,00025,00058,74025,000
8,00024,70075,00025,000
$23,860
100,00048,920
47,8406,300
100,000
49,160
24,46025,00029,040100,000
25,00050,00048,437
25,00024,58050,000200,00010,00098,920100,00025,00058,74025,000
8,00024,70075,00025,000
$31,18123,190270,0004,900
100,00057,66228,807111,260100,00089,01967,000247,49124,40832,39090,353929,72512,00050,00086,52321,19417,89346,810
470,00033,832485,000224,700
198,547112,776
33,89534,92015,000
$167,69227,152
5,046, 248145,924
400,926272,906664,920
458,910259,857469,076256,931161,344988,433
4,336,700112,492
1,381,383764,122120,624152,358173,782747,648
3,348,72598,545
1,599,4822,582,278140,908906,948480, 275586,763131,813159,497676,769314,987
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Fourth National Bank, Montgomery, Ala.1 B
First National Bank, Fairview, MoFarmers National Bank, Wilkinson, IndFirst National Bank, Altus, OklaFirst National Bank, Washburn, N. DakCity National Bank, Spur, TexFarmers National Bank, Howe, TexFirst National Bank, Martinsville, 111Billings National Bank, Billings, Okla._First National Bank, Villisca, IowaFirst National Bank, Perry, Fla.._Old First National Bank, Farmer City, Ill.iFirst National Bank, Auburn, Wash _Peoples National Bank, Brookneal, Va -.First National Bank, Elgin, NebrFirst National Bank, Berwyn, OklaQuincy-Ricker National Bank & Trust Co.,
Quincy, 111Planters National Bank, Walnut Ridge, ArkHolston-Union National Bank, Knoxville, Tenn_.National Bank of Kentucky, Louisville, KyFirst National Bank, West Salem, 111City National Bank, Spokane, Wash.*American National Bank, Asheville, N. CFirst National Bank, Plymouth, 111First National Bank, Forman, N. DakFirst National Bank, Campbell, MoFirst National Bank, Westfield, 111Citizens National Bank, Hendersonville, N. CFirst National Bank, Mendon, OhioFirst National Bank, Roland, Iowa—Merchants National Bank, Burlington, Iowa 18
First National Bank, Benton, 111 _.First National Bank, Rector, ArkFirst National Bank, Junction City, ArkFirst National Bank, Newport, TennFirst National Bank, Walhalla, N. DakFirst National Bank, Goreville, Ill.»First National Bank, Marion, 111Sioux National Bank in Sioux City, Iowa..First National Bank, Fulton, Ky.»First National Bank, Charlotte, N. CFirst National Bank, Horse Cave, KyFarmers & Merchants National Bank, Tyrone, Pa.First National Bank, Naper, NebrAmerican National Bank, Redfield, S. DakFirst National Bank, Ullin, 111.*First National Bank, Elk Point, S. DakFarmers National Bank, Laurens, S. CBenton County National Bank, Bentonville, Ark_.
Footnotes at end of table, p. 331.
58778916927971596327107035670672112045276678654958105851196054407209
37521208346485312933812418877212658647468858216107349274112491744613610853110469632913376064502451045631547760264999665812581805901108598135
MayOct.Nov.Feb.JuneFeb.Dec.Mar.Nov.MayJulyMayJulyAug.Apr.Mar.
JuneAug.Oct.Apr.Dec.JulyMayMar.Oct.Apr.Apr.Apr.Oct.Aug.Nov.Jan.Apr.JulyDec.Mar.Jan.Dec.Aug.Apr.Aug.Feb.Nov.Dec.Feb.Apr.JuneMayFeb.
24.19011.19072.190815.190419.19024,19154,190017.190312,192129,188211.190514,189410.19147,192019,190028.1904
7,188724,192113,189123.190012,19083,192315.19077,192524,19024,190310.190621.191528.190817,19187,187011,190217.19166,191720.190914.190831.190527,189019.189024.189126,18654.190519,190215.190916.19063.190622.190116,191628,1906
100,00025,00025,00030,00025,00040,00030,00025,00030,00050,00025,00050,00050,00050,00025,00025,000
100,00025,000100,000
1, 645,00025,000200,000300,00025,00025,00030,00025,00050,00025,00030,000100,00025,00025, 00025, 00025, 00025, 00025, 00050,000100, 000100, 00050, 00025,00060, 00025, 00030, 00025, 00025, 00050, 00060, 000
877,00024,50032,500214,80096,25044,20061,50054,1255,000
400,500125,500194,500155,0001,500
113,75039,500
450,8907,500
1, 607,3039,885,550
22,75050,000154,5003,75041,00054,40093,75071,00031, ̂ 509,600
525,000210, 25024, 75025,00045, 000
40, 085378, 000631, 500203, 500
2, 090, 00055, 500162, 40037, 25085, 20028, 00059, 25035, 000179, 400
500,00025,00025,00060,00025,00040,00030,00025,00025,00050,00050,00065,00075,00050,00050,00025,000
500,00025,000750,000
4,000,00025,000200,000200,00025,00025,00040,00050,000100,00025,00040,000100,000100,00025, 00025, 00050, 00025, 00025, 000100, 000400, 00050, 000
300, 00025, 000150, 00025, 00040, 00025, 00025, 00050, 00060, 000
Sept. 6,1930Sept. 17,1930Sept. 19,1930Sept. 26,1930Sept. 29,1930Oct. 7,1930Oct. 8,1930Oct. 11,1930Oct. 17,1930Oct. 18,1930Oct. 25,1930
doOct. 28,1930Oct. 31,1930Nov. 3,1930Nov. 6,1930
Nov. 10,1930Nov. 11,1930Nov. 12,1930Nov. 17,1930Nov. 18,1930Nov. 20,1930Nov. 21,1930
doNov. 24,1930
doNov. 28,1930
doNov. 29,1930
doDec. 2,1930
doDec. 3,1930
doDec. 4,1930Dec. 5,1930
dodo
Dec. 8,1930dodo
Dec. 9,1930Dec. 12,1930
dododo
Dec. 16,1930dodo
25,00025,00025,00025,0009,04024,99525,000
50,00050,000
50,0006,250
500,00025,000742,198
2,500,00024,815
150,00023,9807,0007,20050,00049,58024,40030,000
97, 72024, 520
48, 38024, 4007,820
96,995100, 00048, 380299, 98024, 400100, 00010,00040,0006,200
24, 400
58, 500
25,00025,00025,00025,00010,00030,00025,000
50,00050,000
50,0006,250
500,00025,000742,198
2, 500,00024,815
150,00023,9807,0007,20050,00049,58024,40030,000
97, 72024, 520
48, 38024, 4C07,820
96,995100, 00048,380299, 98024,400100, 00010, 00040, 0006,200
24, 400
58, 500
2,854,93126,85123,057132,19434,595114,96416,4698,925
46,91665,26246,99680,16937,2386,412
586,68014,605
1,774,4507,083,021
40,563200,000412,05117,22517, 21448,0007,730
149,08125,33433,832437, 215368, 57951,730
36, 00022, 26720, 584214, 000630,12920,000
523, 25025, 00084, 93510, 27034,02639, 22841, 78539, 244159,185
49,235141,893447,43298,056184,46469,222298,702161,423495,272392,610
745,494342,198105,40742,295
3, 564,34787,593
11,162,38426,966,990
223,94150,536
1,949,43198, 590152,037109, 663246,458
1,075,536237, 560260,008
1,119, 568193, 204296, 096428,12580,14278,154
1, 567, 6573, 438, 611
140, 3471, 671, 709390, 078362, 75045, 676533, 474130,169168, 86586, 645791, 374
toCD
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
TABLE NO. 45.—National banks in charge of receivers during year ended Oct. 81, 1934, dates of organization and appointment of receivers,capital at date of organization and at date of failure, dividends paid while solvent, lawful money deposited with Treasurer of the UnitedStates to redeem circulation to Oct. 31, 1934, circulation outstanding, borrowed money, and total deposits at date of failure—Continued
toCOCD
Name and location of bank
Organization
Char-terno.
Date Capital
Totaldividendspaid dur-ing exist-ence as anationalbankingassocia-
tion
Failures
Capital Receiverappointed
Lawfulmoney
deposited
Circula-tion out-standingat date
of failure
Borrowedmoney(bills
payable,redis-
counts,etc.) atdate offailure
Totaldeposits
at date offailure
Union National Bank, Fairmont, W. VaFirst National Bank, Goodwin, S. DakKansas National Bank, Kansas, 111First National Bank, Mount Sterling, Ill.iFirst National Bank, Sweetwater, Tenn.»First National Bank, Caruthersyille, MoFirst National Bank, Capac, MichFirst National Bank, Rock Rapids, IowaFarmers National Bank, In wood, Iowa__First National Bank, Laurinburg, N. C."First National Bank, Ridgeway, MoFirst National Bank, Tyler, MinnCity National Bank in Miami, Fla__First National Bank, Augusta, 111Pecan Gap National Bank, Pecan Gap, TexFirst National Bank, Hobson, Mont.1
First National Bank, Ladonia, TexFirst National Bank, Sesser, 111First National Bank, Greenwood, MissFirst National Bank, Connersville, Ind ...First National Bank, Titonka, IowaNational Bank of Goldsboro, Goldsboro, N. CInterstate National Bank, Helena, ArkFirst National Bank, Rails, TexFirst National Bank, Kerkhoven, MinnMerchants & Planters National Bank, Dillwyn,
Va.First National Bank, Ludlow, MoLawrence Ave. National Bank, Chicago, 111..First National Bank, Floyd, Iowa__First National Bank, Corning, Ark.*National Bank of Wilkes at Washington, Ga.City National Bank, Bessemer, AlaFirst National Bank, Rogers, ArkFirst National Bank, Brookhaven, Miss
96451079792932402
11202107841063131538257565165496203
131596751
1326610715431187587216103455975048
112341292711365
115017900
12873982173118848
119057789
10494
Jan. 10,1910Oct. 28,1915Oct. 10,1908Oct. 28,1878Jan. 21,1918Sept. 17,1915Sept. 17,1914Mar. 17,1884Mar. 19,1906Nov. 26,1900Dec. 12,1902Jan. 24,1902Dec. 23,1927Apr. 13,1903Dec. 10,1928Jan. 4,1915Apr. 26,1890Apr. 25,1907Apr. 2,1904Feb. 13,1865Aug. 20,1900Apr. 28,1896July 23,1918Mar. 24,1926May 24,1919
Oct.Aug.Jan.JuneJuneJulyDec.MayFeb.
27,19197,190511,192616,19107,190425,19076,192019,190517,1914
$150,00025,00050,00050,00060,00050,00025,00050,00040,00025,00030,00025,000500,00060,00025,00030,00050,00025,000250,000100,00025,00050,000200,00025,00025,000
50,00025,000200,00025, 00025,00050,000
100, 00025,000
100, 000
$242, 42932,00045, 500
364, 25010,20068, 25051, 750
408, 50099,600
100, 000139, 80080, 000
99,0001,50028,500
315, 21647, 250
862, 500727, 25050, 250
234, 000285, 0006,2502,500
13, 50013,000
21,500122, 700131, 20561, 476
130, 500131, 000
$420,00025, 00050, 000100,00060, 00050, 00025, 000100,00040,00025, 00060, 00025,000
500, 00060,00025,00030, 000
100, 00025, 000
250, 000200, 00025,000100,000250, 00025,00025,000
50,00025,000
200, 00025,00050,00050,000
100, 00050,000
100, 000
Dec. 16,1930Dec. 17,1930....do....do
$194,960
~~~5O,~666~
....doDec. 18,1930Dec. 19,1930Dec. 20,1930....doDec. 23,1930
do.
38, 02046, 5809,28094,10040, 00024, 580
. . . . d odo -.
. . . . d oDec. 26,1930
do
25,000
"35," 656"
....dodo
Dec. 27,1930Dec. 30,1930
dodo
6,260236,380197,00025,000
Jan. 3,1931Jan. 6,1931
do
Jan. 9,1931do
25,000
dodo
Jan. 12,1931do
24,400191,300
24, 700
. .doJan. 13,1931
,_do
48,91593,70048,320
$194,960
" "56," 666"38, 02046, 5809,28094,10040,00024, 580
25, 000
~35,~666
6,260236, 380197, 00025,000
25,000
24, 400191, 30024, 700
48, 91593, 70048, 32075, 000
$696, 75970, 01849,015
553, 21120, 00035,19939,13747,90427, 78517, 49318,00036, 892362,96038, 590
60, 04829,18543,000678,82879, 5089,672
36, 527337,10832, 6469,802
39, 04434,000124,9509,974
125, 54744, 310
107, 05074, 700
142, 758
$2, 474,918238,137216,325
141,914449,850421, 434257,123177, 727108, 65687,181505,190
5,996,970299,969113, 720
256, 384231,184
1,454, 6761,117,419209,247329,045
1, 636,67856,59079,282
151,32578,187633,079170, 653
322,962605, 272561,673912, 728
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
First National Bank, Brookfield, Mo .._.Howard National Bank, Kokomo, Ind.1
Planters National Bank, Clarksdale, MissAnoka National Bank, Anoka, MinnFirst National Bank, Clinton, S. C .First National Bank, Addison, Pa.iFirst National Bank, Crestline, Ohio 19
First National Bank, Waverly, 111Farmers & Merchants National Bank, Sheridan,
Ind.Peoples National Bank, Osceola Mills, PaClinton National Bank, Clinton, MoFirst National Bank, Connellsville, Pa.*First National Bank, Redmond, OregFirst National Bank, Panama City, FlaFarmers & Merchants National Bank, Rockmart,
Ga.First National Bank, Republic, PaFirst National Bank, Hartselle, AlaFirst National B ank, Jackson, MissNational Bank of Thurmond, Thurmond, W. Va_.First National B ank, Fairchance, PaNational Bank of Toronto, Toronto, OhioFirst National Bank, La Pine, AlaLincoln National Bank, Avella, PaAmerican National Bank, Paris, Tex -_..Citizens National Bank, Wilmington, OhioSecurity National Bank, Hope, N. Dak ___.First National Bank, Stone, KyBlossom National Bank, Blossom, TexCoolville National Bank, Coolville, OhioFirst National Bank, Veedersburg, IndFirst National Bank, Champlain, N. YFirst National Bank, Rouses Point, N. YFirst & Farmers National Bank in Luverne, Minn.First National Bank, Portage, PaCentral National Bank, Ellsworth, KansFirst National Bank, Rockwell, IowaFirst National Bank, Worthington, W. VaNational Bank of Norton, Norton, VaFirst National Bank, Oak Park, 111Austin National Bank, Chicago, 111First National Bank, Ivanhoe, Minn._Orangeburg National Bank, Orangeburg, S. C.i__.First National Bank, Macedon, N. YWoodlynn National Bank, Woodlynn, N. JFirst-Rempel National Bank, Logan, OhioSecond National Bank, Altoona, PaMonongahela National Bank, Brownsville, Pa
Footnotes at end of table, p. 331.
128202375122223000804167095099611613050
11966780623291129410346
10900104668067333289988245882610799785485428251130411189013052817511044316
119691263473673447102171045097461150710337646710674124941289476492781
Sept.Nov.JuneMayJan.Mar.Nov.Jan.Mar.
5,192528,187710,192226,18838,1906
13,190330,18977,19029,1927
Mar. 23,1921Apr. 29,1905Mar. 25,1876Dec. 24,1918Feb. 26,1913
Aug.Nov.Jan.Mar.Dec.Apr.JulyAug.MayJan.MayFeb.Dec.Mar.Mar.JulyFeb.Apr.Jan.JulyJan.JuneApr.Apr.Oct.Feb.Sept.Dec.Dec.Feb.Jan.Aug.Dec.
17,19167,1913
15.190614.188530.190721.190630.19073,191519,190523,19072,19068,19273,192021,19278,19063,191720,186414,192127.192518.190413.188611.191214.191325,191031,19197,191325,190224.191410,192315.192624.190519,188210,1864
100,000100,000500,000100,00050,00025,00050,00025,00040,000
50,00050,00050,00025,00030,000
40,00025,00025,00050,00050,00025,00050,00025,00025,000150,00060,00025,00050,00030,00025,00035,00065,00050,000100, 00025,00050,00025,00030,00025,000100,000100,00025, 000100, 00025,00025, 00050,000100,000200, 000
827,000140,000146, 500112,08511, 500147,000132,000
14, 500130, 500400,0003,750
313,950
20,80032, 500190,333724,50099,00022, 750102,00022,00054, 750328, 500171, 500
28,5002,400
41, 25023,450
861, 75052,0005,000
100,475349, 25023,25030,90053, 2501,000
166, 50047, 500155, 000
250
133, 500435,000904, 500
100,000200,000500,00050,000100,00025,00075,000100,00050,000
100,00050,000200,00025,000250,000
40,00050,000100,000200,00050,00025,000100,00025,000100,000150,000100,00025,00050,00030,00025,00035,000100,00050,000100, 00060,000100,00025,00030,00050,000100,000250,00025,000
200, 00025,00050, 000100, 000125,000100,000
Jan. 22,1931do
Jan. 26,1931Jan. 27,1931
do.Jan. 28,1931
doFeb. 7,1931Feb. 9,1931
Feb. 10,1931do
Feb. 12,1931dodo
Feb. 13,1931..—doFeb. 16,1931..—doFeb. 18,Feb. 26,. do .
Mar. 3,Mar. 7,Mar. 9,
do_.
19311931
193119311931
Mar. 13,1931Mar. 17,1931
do.Mar. 18,1931Mar. 19,1931—do
.doMar. 23,1931Mar. 25,1931Mar. 30,1931
do.Mar. 31, 1931
doApr. 1,1931Apr. 6,1931Apr. 9,1931
doApr. 10,1931Apr. 11,1931Apr. 16,1931
dodo
19,460
95, 50012, 50094, 660
98, 800
29, 34048, 380
25,00090,220
48,50024,700100,000
24, 70094,96097, 420
9,040
Is, 70034, 28037, 20012, 32055, 00025,00025,00018,27029, 22050,000
24, 70025,000
25, 000
47, 78048,14098,140
19, 460
95, 50012, 50094,660
98, 800
29, 34048,380
25,000100,000
48, 50024,700100,000
24, 70094,96097, 420
9,040
19,66634, 28037,20012,32055,00025,00025,00018, 27029,22050, 000
24, 70025,000
25, 000
47, 78048,14098,140
8,705716,994839,49724,19133, 499
75,00070,00068,027
45,000104,000235,02618,300151,943
20,500
136,239266,86048889,
30,000165,46022,88421,625279,70389,30855,00549,50016,89747,72824,01513,651
177,01257,500148,51412,00033,65074, 245
508,10748,600498,80025,00056,427110,250724,80966,000
121,516
1,048,155615,068269,679
263,057348, 777
348,047421,017
247,682672, 638
199,079151,829447,841
1,957,808242,459344,486752,80650,808849, 299960,388566,471116,565378,32055,161298,788156,056
1, 252, 541730,005708, 566749,845958,087177,137156,448203,502395,788
2,116,813179, 615
263, 330245,354769,937
2,158,8214, 454, 324
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
TABLE N O . 45.—National banks in charge of receivers during year ended Oct. 31, 1934, dates of organization and appointment of receivers,capital at date of organization and at date of failure, dividends paid while solvent, lawful money deposited with Treasurer of the UnitedStates to redeem circulation to Oct. 31, 1934, circulation outstanding, borrowed money, and total deposits at date of failure—Continued
toCO00
Name and location of bank
Organization
Char-terno.
Date Capital
Totaldividendspaid dur-ing exist-ence as anationalbankingassocia-
tion
Failures
Capital Receiverappointed
Lawfulmoney
deposited
Circula-tion out-standingat date
of failure
Borrowedmoney(bills
payable,redis-
counts,etc.) atdate offailure
Totaldeposits
at date offailure
First National Bank, Richwood, Ohio _Citizons National Bank, Monessen, Pa.1Nobel County National Bank, Caldwell, Ohio K..First National Bank, Masontown, Pa _Central National Bank & Trust Co., St. Peters-
burg, Fla -Merchants National Bank, Point Pleasant, W.Va.i.First National Bank, Waldron, ArkFirst National Bank, Langdon, N. Dak.iFirst National Bank, Brandt, S. DakFirst National Bank, Millsboro, PaFirst National Bank, Tracy, MinnOld National City Bank, Lima, Ohio _National Bank of Kinston, Kinston, N. CFirst National Bank, Kinston, N. C . _First National Bank & Trust Co., Paris, Ill.iFirst National Bank, Pomeroy, IowaFirst National Bank, Terra Bella, CalifCommercial National Bank, Essex, IowaFarmers National Bank, Hickory, Pa__Savona National Bank, Savona, N. Y._Montgomery County National Bank, Cherryvale,
Kans _._ - -Security National Bank, Milford, Iowa_Peoples National Bank, Shakopee, MinnFirst National Bank, Dawson, MinnOverbrook National Bank, Philadelphia, PaFirst National Bank, Crary, N. DakAlbany Park National Bank & Trust Co., Chicago,
Farmers National Bank, Pomeroy, Wash.Citizens National Bank, Odessa, TexFirst National Bank, Holton, Kans__Iron National Bank, Ironwood, Mich_,__.First National Bank, Smithfleld, Pa _.
91991148721025441
779615045849480210893731049928701904490853376
5803740511349
47499298116856321125736407
117371141681693061114696642
Jan. 24,1908Oct. 18,1919Mar. 18,1873M a y 10,1900
Apr. 18,1905July 18,1865M a y 17,1901Sept. 28,1892June 24,1916June 11,1904Feb. 21,1895Mar. 29,1907Feb. 14,1908Feb. 25,1908July 16,1885Dec. 10,1901Sept. 28,1910Apr. 22,1901Aue. 17,1904Apr. 23,1919
M a y 21,1892Nov. 27,1908Apr. 12,1920June 6,1902July 1,1924Aug. 20,1902
Apr. 13,1920July 19,1919Mar. 29,1906Sept. 27,1883Sept, 2,1919Jan. 14,1903
$25,000100,00060,00025,000
25,000180,00025,00050,00025,00025,00050,000125,000100,000100,000108,00040,00025,00050,00025,00025,000
50,00025,00025,00030,000300,00025,000
200,00050,00025,00050,000100,00025,000
$58,25039,000
124,500
361,000737,04148,500
5,7503,000
156,500370,667281,600340,500634,560100,70027,000147,00061,4509,000
72,50025,0694,50051,900118, 50052,500
105,0005,000
130,700324,70096,000101, 250
$40,000100,00060,000100,000
300,000100,00025,00050,00025,00025,00050,000300,000120, 000125,000150,00040,00025,00050,00090,00025,000
50,00050,00025,00030,000500,00025,000
300, 00050,00050,00050,000
100,00075,000
Apr. 17,1931do.
$38,500
Apr. 18,1931do
Apr. 21,1931Apr. 22,1931
doApr. 23,1931Apr. 27,1931Apr. 28,1931Apr. 29,1931
do.May 1,1931
doMay 4,1931May 5,1931
do...._doMay 6,1931
do
May 7,1931May 11,1931May 13,1931May 14,1931May 15,1931May 18,1931
May 19,1931dodo
May 23,1931May 26,1931May 27,1931
98,800
18,750
25,000
150,00024,34024,400
40,00021,58050,00024, 63510,000
50,00025,000
30,000150,00025,000
200,00019,46032,360
$38,500
98,800
18,750
25,000
$39,500102,40045,945
285,031
42,53284,42115,15057,88619, 71717,500
150,00024,34024,400
351,426180,931235,938
40,00024,58050,00024, 63510,000
50,00025,000
30,000150,00025,000
200,00019,46032,360
100,00050,000
100,00050,000
16,02014,50029,62515,0006,602
68,32734,85337,80429,657753,84714,665
515,60091, 75054,96863, 57624,29470,000
$357,035
1,031,948
2,602,558
"~I§7,~347
80,42188,582572,642
2,148,083714,382623,322601,607146,212116,308167,634537,618182,124
159,623176,814156,926212,097
2, 528,54766,109
1,700,609132,744424,875403,898502,305448,347
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
McCartney National Bank, Green Bay, WisNational Bank of Lynwood, Lynwood, CalifFirst National Bank, Prattville, AlaFirst National Bank, Fowler, IndFirst National Bank, Irvona, PaCitizens National Bank, Warren, PaFirst National Bank, Smithfield, Ohio 1Washington Park National Bank, Chicago, 111Inland-Irving National Bank, Chicago, 111First National Bank, Mountain Lake, MinnCommercial National Bank, Hattiesburg, MissFarmers National Bank, Cross Plains, TexManufacturers National Bank & Trust Co., Rock-
ford, 111Mahaffey National Bank, Mahaffey, PaFirst National Bank, St. Clair Shores, MichSecurity National Bank, Rockford, 111 .Peoples National Bank, Delmont, PaFirst National Bank, Downers Grove, 111First National Bank, Chillicothe, MoPlanters National Bank, Saluda, S. CWaukegan National Bank, Waukegan, 111Bottineau National Bank, Bqttineau, N. DakKingwood National Bank, Kingwood, W. Va.Merchants National Bank, Willow City, N. Dak-Citizens National Bank, Jenkintown, PaFirst National Bank, Watseka, 111Peoples National Bank of Winston, Winston-
Salem, N. CFirst National Bank, Morrison ville, 111First National Bank, Elliott, IowaFirst National Bank, Genoa, N. YFirst National Bank, Bagley, IowaFirst National Bank, Blissfield, MichFirst National Bank, Dearborn, MichFirst National Bank, Royal Oak, MichFirst National Bank, Beggs, OklaFirst National Bank, Federalsburg, Md.9
First National Bank, Mechanicville, N. YBoston Nat,onal Bank, South Boston, VaSecond National Bank, New Hampton, IowaFirst National Bank, Scobey, Mont _.Will County National Bank, Joliet, 111First National Bank, Stronghurst, 111.1Floyd County National Bank, Floydada, Tex.i....Walthill National Bank, Walthill, NebrThird National Bank, New London, OhioGreenville National Bank, Greenville, MichFirst National Bank, Greensboro, AlaSteele County National Bank, Finley, N. Dak___.
Footnotes at end of table, p. 331.
478313135905554301111522265013916101799267124788583
3952761012661117319996972536861080210555787963327332125301721
4292674568579921699511813129891265768681021031718414760710838188258131269298161010111843569313190
JuneOct.Feb.MayOct.Feb.JuneJuneApr.Oct.Dec.Jan.
Nov.Dec.Feb.MayMar.Jan.Jan.Nov.Mar.Aug.JulyMayApr.Aug.
Mar.Mar.JuneJan.Oct.Aug.Aug.Feb.JuneMayMar.Oct.Jan.Mar.Aug.Apr.Apr.JuneSept.Sept.Jan.Mar.
30,189210,192724,190823.190012,19178,187524.186421,188818,191216,190826.192324,1907
20,188827,190416.19253,192024.191131,191022,188711.19157,19134,19053.19023.190418.192427,1870
24,189018,190315,19034,19115.19033,192017.192626.192522,190324.19126,188410,19063.190525.19164,187127.190118,192525.191029.191111,192015,19013,1928
50,00050,00050,00025,00025,00050,00063,00050,000100,00025, 000100.00025, 000
125,00035, 00050,000200,00025, 00035,00050,00030,000100,00025,00025,00025,000150,00050,000
100,00025,00025,00025,00025,00060,000150,000100,00025,00025,00050,00050,00050,00025,000100,00025,00050,00025,00050,00050,00025,00025,000
1,036,584
91, 750151,85027,000
431, 667447, 575
1,098,942313, 25035, 75019,00050, 750
842, 470111,00016,50070,00027, 750148,075323, 50064,900
213, 50044, 25039, 25098,0001,500
439, 764
296,50065,85590, 75023,00062, 50043, 2009,000
40,50012,750
170, 500159, 500246, 25020,150793,00040,60031,00019, 50052,00028,000263,000
500,00050,00050, 00075,00025, 000
125, 000100, 000600, 000525,00025,000
100, 00025, 000
500,00050,00050, 000
200, 00025, 000
100, 000100, 000100,000250,00025, 00025, 00025, 000
150, 00050,000
150,00050,00050,00025,00025,00060,000150,000150, 00025,00025,00050, 000200,000100,00030,000200,00075,00050,00025,00050,00050,000
100,00025,000
May 29,1931do
June 1,1931June 2,1931
doJune 4.1931June 5,1931June 9,1931
do.June 12,1931
doJune 13,1931
June 16,1931do
June 17,1931June 18,1931
.do.June 19,1931June 22,1931
dodo
June 23,1931do.
June 27,1931do
June 29,1931
dodo
July 2,1931do.
July 3,1931dododo.
July 9,1931dodo
July 10,1931July 14,1931
do.July 15,1931July 17,1931
doJuly 20,1931
.do.July 21,1931
doJuly 27,1931
249,995
12,50014, 5205.960
96, 220
~5o6~6o6~296,760
25,00098,500
6,300
196,76047,42030,000
197,0609,760
35,00098,800
250,0007,000
24,40094,12048,980
150,00025,00020,00025,00019,52058,38048,20047,36024, 28025,00048,500189,440100,00030,000198,500
24,82050,00050,00038,240
249,995
12,50014, 5205,960
96, 220
~5O67666~296,76025,00098,500
6,300
196, 76047,42030,000197,0609,76035,00098,800
250,0007,000
24,40094,120
150,00025,00020,00025,00019, 52058,38048,20047, 36024,28025,00048,500194,120100,00030,000198,500
24,82050,00050,00038,240
314,47930,157177,37238,41055,00045,10050,517
901.9572,50744,40559, 667
200,05544,81010,000158,50025,651
184,08462,135
163, 50173,35235, 65027,348141,87024,450
236,12343, 2246,75223,11824,40497,98675,660
35,5765,67124,997
325, 760
81,329214,00080,09573,53817,54020,32831,850157,38472,968
2,089,423197,992315,870296, 451248,004933,649
"7,521,3464,169, 504253,118759.379119,835
4, 237,013574,955676,110
1,908,707313,986928,952790,465421.164
2,870,921267.165201,80870,204
384, 791288, 539
906,141219,705144,998149,455128,868593,860604,702743,053134.380234,375
1,299,051685,845684,980178,931
2,662,267
281,12872,312422.998237,026168,085112, 465
o
CO
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
TABLE NO. 45.—National banks in charge of receivers during year ended Oct. 31, 1934, dates of organization and appointment of receivers,capital at date of organization and at date of failure, dividends paid while solvent, lawful money deposited with Treasurer of the UnitedStates to redeem circulation to Oct. 31, 1934, circulation outstanding, borrowed money, and total deposits at date of failure—Continued
GOOO
Name and location of bank
Organization
Char-terno.
Date Capital
Totaldividends-paid dur-ing exist-ence as anationalbankingassocia-
tion
Failures
Capital Receiverappointed
Lawfulmoney
deposited
Circula-tion out-standingat date
of failure
Borrowedmoney(bills
payable,redis-
counts,etc.) atdate offailure
Totaldepositsat date of
failure 1First National Bank, Terrell, Tex.iFirst National Bank, Beaverdale, PaFirst National Bank, Ripley, N. YOconto National Bank, Oconto, WisUnion City National Bank, Union City, N. JNational Bank of North Hudson at Union City, N. J.First National Bank, Boyne City, MichFirst National Bank, Ryder, N. DakFirst National Bank, Plaza, N. DakFirst National Bank, Van Hook, N. DakFirst National Bank, Parshall, N. DakFirst National Bank, Maryville, MoManufacturers National -Bank, Mechanicville,
N.YColumbus National Bank, Columbus, Ohio 1
First National Bank, Polo, 111.. _First National Bank, Blythe, CalifFirst National Bank in Mount Vernon, S. DakFirst National Bank, Colony, KansNational Bank of Monticello, Monticello, Ind.19___First National Bank, Lehigh, Iowa _First National Bank, Fairchild, WisUnited States National Bank, Los Angeles, Calif. __First National Bank, Bancroft, Idaho. _.First National Bank, Wauseon, OhioFarmers National Bank, Bridgewater, S. DakPeoples National Bank,.Latrobe, Pa___First National Bank, Sweet Springs, MoQueensboro National Bank of the City of New
York, New York, N. Y... _..The Farmers National Bank, Fairfax, S. DakPrineville National Bank, Prineville, OregFirst National Bank, Lyons, GaFirst National Bank, Vidalia, Ga
381611317638635411274998679020921496891096611226
50371235013497109441328211531129525868726476321118370917426574411372
1239813302126557979
Oct. 26,1887Mar. 1,1919Aug. 9,1902July 15,1886May 22,1925Sept. 19,1910Jan. 15,1908Apr. 22,1908Feb. 11,1910Mar. 15,1917July 25,1918Aug. 28,1884
Feb.Apr.Oct.Jan.Feb.Nov.
1,18962,192311,193017,19178,19297,1919
June 14,1926June 15,1901May 9,1904Feb. 11,1905Apr. 15,1918Oct. 22,1903Sept. 28,1904Jan. 14,1901May 31,1919
June 11,1923Mar. 9,1929Feb. 27,1925Aug. 30,1905June 21,1910
$50,00050,00025,00050,000
100,000100,00050,00025,00025,00025,00025,000100,000
60,000500,00050,00025,00025,00025,00040,00025,00025,000200,00025,00025,00025,000100,00050,000
200,00025,00050,00025,00035,000
$792, 50039,00079,000197,700
500,70037,50046, 25042,5007,5002,500
582,074
273,600
17, 7502,50012,000
37,35034,500740,00010,500104,75055,000211,000
52,000
38, 50063,000
$200,00050,00025,00060,000300,000600,00050,00025,00025,00025,00025,000100,000
100,000500,00050,00050,00025,00025,00040,00025,00025,000
1,000,00025,00050,00025,000200,00050,000
200,00025,00050,00025,00035,000
July 27,1931July 28,1931July 30,1931Aug. 3,1931Aug. 6,1931
doAug. 7,1931Aug. 8,1931
do_.dodo
Aug. 10,1931
doAug. 11,1931Aug. 12,1931
do
$48,32025,00059,460
$48,32025,00059,460
140,00050,00024,28020,00025,0009,76096,040
100,000
140,00050,00024,28020,00025,0009,76096,040
100,000
$50,44942,00044,36294,31820,000620,000
do.Aug. 14,1931Aug. 15,1931Aug. 17,1931Aug. 18,1931
do.
25,000 25,000
20,00010,000
20,00010,000
48,02550,22655,52848,77551,826
275,000500,00029,837201,54340,80643,12517,299245,79614,000
Aug. 20,1931Aug. 22,1931Aug. 24,1931
dodo.
50,0006,500
98,495
50,0006,500
98,495
Aug. 26,1931do
Sept. 1,1931Sept. 3,1931
do
24,640 24,640
20,56552,10022,957145,00010,500
300,000
25,00034,860
25,00034,860
28,61548,50199,903
$503, 293522,701612,430934,493
8,128,016463,88387,152128,328178,946119,666497,746
2,840,127
434,178175, 767124,76983,147
245,796130,412
7,798,94257,603551,688247, 707
2,477,973103,765
1,982,752120,10581,599106, 533236,354
O
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ot"1
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
First National Bank, Westbrook, MinnFirst National Bank, El Paso, TexFirst National Bank, Coin, IowaFirst National Bank, Randolph, IowaFirst National Bank at Smithfield, OhioNational Bank of Defiance, Defiance, OhioSecurity National Bank, Mobridge, S. DakFirst National Bank in Alexandria, S. DakFirst National Bank, Eudora, ArkFirst National Bank, Mora, MinnPlainviaw National Bank, Plainview, TexLimon National Bank, Limon, Colo. 9First National Bank, Merrill, IowaRoekaway Beach National Bank, New York, N. Y.Labor National Bank of Montana at Three Forks,
MontBank of Pittsburgh National Association, Pitts-
burgh, PaPeoples National Bank, Salem, N. YFarmers National Bank, Trafalgar, IndInkster National Bank, Inkster, MichRogers Park National Bank, Chicago, 111First National Bank, Lynchburg, Ohio 9
Commercial National Bank & Trust Co., St.Joseph, Mich
First National Bank, Hankinson, N. DakFirst National Bank, Midland City, AlaAlderson National Bank, Alderson, W. Va _.Highland National Bank, Pittsburgh, PaFirst National Bank, Viborg, S. DakOgden National Bank, Chicago, 111First National Bank, Fort Mills, S. CFarmers National Bank, New Bedford, 111First National Bank, Bode, IowaFirst National Bank, Sisseton, S. DakFirst National Bank, Hagerstown, MdFirst National Bank, Reed City, Mich ._Peoples National Bank, Pulaski, N. YFirst National Bank, Unionville, N. YFirst National Bank, Orbisonia, PaFirst National Bank, Kewanee, 111Security National Bank, Bowie, TexNational City Bank, Ottawa, 111First National Bank, Elba, AlaFirst National Bank, Smithville, TexCalumet National Bank, Chicago, 111First National Bank, Colvilte, WashPeoples National Bank, Point Marion, PaPlanters & Merchants First National Bank, South
Boston, Va
641225327309783313171134571159012611128137292980211*6191088912252
12361
522532457491128781030511772
559462188458952312414
124809941110881037154281431441310788114488985178512731146568977041310281049503
JulyMayJuneJuneJan.Apr.Dec.Oct.Aug.MayJuneFeb.Aug.June
15,190225,18813,190427,190517,192816,19305,191918.192415.192518,190415,191010,19203,1916
21,1922
Mar. 28,1923
Oct. 3,1899June 21,1884Sept. 27.1904Dec. 16,1925Dec. 16.1912June 11,1920
Sept.Mar.Nov.JulyJulyDec.Nov.Feb.Oct.Mar.MayMayAug.Sept.JulyJan.Nov.Jan.JuneJulyNov.Dec.Feb.June
15,190014.190227,190619.190916,19236,191524,192321,19116,191729,191322,19002,186526,1890'6,191526,19192,190823,187028,192526,186520.190311,190320,18833,190618,1909
Mar. 15,1907
25,00050,00025,00025, 00050,000150, 00050,00050,00040, 00025,000100,00030,00040,000200,000
25,000
1,200,00050,00025, 00025,00050,00050,000
50,00030,00025,00025,000200,00040,000200,00025,00025,00025,00025,00069, 07050,00050,00030,00025,00075, 000100,000100,00050, 00025, 00050,00025,00050,000
100, 000
64, 2502, 614, 000
80, 25991, 750
161. 5001,000
210, 50088,80089,53740, 750123,00035, 50067,00053,80013, 25012, 750
150, 900959,000308 73233,' 50011,70065, 250
633, 62571,000
910, 500196, 250105, 250593, 50083, 70036,000
237, 750
30,0001, 000, 000
50,00045,00050,000
150, 00050, 00050,00040,00025, 000125,00030,00040,000200,000
25,000
3,000,00040,00025,00025,000100,00050,000
200,00030,00035,00025, 000
200,00040,000200,00040,00025,00025,00075,000
150,000] 00,00050, 00030,00050,000
125,00050,000
200,000100, 00050,000
400, 000• 60,000
50,000
125,000
Sept. 4,1931do
Sept. 8,1931do-
Sept. 10,1931do
Sept. 11,1931' .do-
Sept. 12,1931Sept. 14,1931Sept. 16,1931
doSept. 18,1931Sept. 19,1931
do
Sept. 21,1931Sept. 23,1931
dodo
Sept. 24,1931Sept. 28,1931
dododo
— _ doOct. 1,1931
.do._do-.do..-do-
Oct. 5,1931do
..—do —do
— d oOct. 6,1931— d o
do -.—doOct. 7,1931— d oOct. 8,1931— d o
Oct. 10,1931
25,000700,00010,00024, 64049, 700
150,00025,000
20,00025,000
34, 2206,070
50,00030,000
147, 36030,00034,09512,137196,820
40,000
6,25054, 635148,08050,000
28, 740
~74~280"
23, 32099, 52058,14049, 400
97,120
25,000700,00010,00024, 64049,700150,00025,000
20,00025,000
34, 2206,070
50,00030,000
147, 36030,00034,09512,137
196,820
40,000
6,25054, 635148, 08050,000
28, 740
~74~280~
23, 32099, 52058,14049, 400
97,120
42,770895, 67518, 35611, 47538,000165, 22567,86840, 40168,71014,900
189, 78660,64312, 938
402, 500
17,070
7, 647,325
17,936
328,17840,132
388, 70032,07791,51025,00050,00050,319108,12183,0157,0008,28754, 242
451, 31868,482112,00019,000
228,53887,033120,094161, 22610,000
482,69180,91844, 650
344, 299
316,2547, 623, 905
98,74359,025274,677
1,164, 512111, 174
163,379333,809
1, 671, 78657,987202,458
1, 757,118
136,077
43,611,807524,65584,135247,338893, 508186,811
2,720,900123, 70445, 452
476, 5304,007,474292,267468,397214,18190,10087,412254, 782
2, 317,1761,184, 725548, 207644, 766477,839
1,219, 269141,119
1,025,009167,137238,999
2, 299, 269651,861373, 559
1,
Footnotes at end of table, p. 331.
O
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OO
I3o
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Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
TABLE NO. 45.—National banks in charge of receivers during year ended Oct. 31, 1934, dates of organization and appointment of receivers,capital at date of organization and at date of failure, dividends paid while solvent, lawful money deposited with Treasurer of the UnitedStates to redeem circulation to Oct. 31, 1934, circulation outstanding, borrowed money, and total deposits at date of failure—Continued
00oto
Name and location of bank
Organization
Char-terno.
Date Capital
Totaldividendspaid dur-ing exist-ence as anationalbankingassocia-
tion
Failures
Capital Receiverappointed
Lawfulmoney-
deposited
Circula-tion out-standingat date
of failure
Borrowedmoney(bills
payable,redis-
counts,etc.) atdate offailure
Totaldeposits
at date offailure
First National Bank, Carterville, 111National Bank of Fayette County, Uniontown, Pa-First National Bank, Carey, OhioMoshannon National Bank, Philipsburg, PaNational Mohawk Valley Bank, Mohawk, N. Y.. .Farmers National Bank, Leech burg, PaMaine Line National Bank, Wayne, PaFirst National Bank, Hastings, Nebr -First National Bank, Belington, W. VaFirst National Bank, Fairview, W. VaFirst National Bank, Deer Trail, Colo -First National Bank, Fort Stockton, Tex . . . .First National Bank, Chase City, VaFirst National Bank, Pollock, S. DakCitizens National Bank, Vandergrift, PaFirst National Bank, Auburn, NebrFarmers & Merchants National Bank, Webster,
S. Dak —Houston National Bank, Dothan, AlaFirst National Bank, Stewartville, MinnNational Bank of Sidney, Sidney, IowaGary National Bank, Gary, W. VaFirst National Bank, Anawalt, W. VaFirst National Bank, Bishop, TexFirst National Bank, Mathis, TexFirst National Bank, Yuma, ColoFirst National Bank, Brunswick, MoFirst National Bank, Isanti, MinnFirst National Bank in Versailles, Mo.West Side Atlas National Bank, Chicago, 111First National Bank, Elizabethton, TennWestmont National Bank, Westmont, N. JFirst National Bank, Roxboro, N. CFirst National Bank, Erie, 111Belvidere National Bank, Belvidere, N. J
7889681
6119506611309290
1250425286619
102191157498489291112377816
8559793253305145135051039212612118381009340831055413367110099558125191121169511096
Aug. 10,1905Dec. 19,1864Jan. 23,1902May 3,1897Apr. 3,1865Sept. 14,1908Jan. 22,1924May 23,1881Feb. 4,1903June 8,1912Dec. 27,1919Aug. 12,1910June 23,1908Aug. 27,1918May 22,1905May 12,1885
Oct.Sept.Apr.Sept.Dec.MayDec.Aug.Sept.JulyJuneAug.MayAug.Mar.JulyJulyApr.
27,190622,190511,19003,18983,19302.191310,192420,19202,19118,18891.19145,19295,1917
31,190911,192410,191828,190310,1865
$50,00065,00050,00050,000150,00050,00050,00060,00030,00030,00025,00025,00050,00025,00050,00050,000
25,00050,00025,00060,000100,00025,00025,00025,00025,00050,00025,00030,000200,00025,00025,00050,00025,000200,000
$83,0001, 663,900
54,000417,000555, 75072,0003,125
1,447,24057,60028,5003,75011,000179,0004,250
167,500276,000
44,000272,000130, 500181,100
91,0009,0003,75079,80088, 25025, 750
168,000114, 7503,75076,100180, 500
1, 459,000
$50,000500,00025,000150,000100,00050,00050,000200,00040,00030,00025,00050,000100,00025,000125,00050,000
50,000150,00050,00060,000100,00050,00025,00025,00040,00050,00025,00030,000200,00075,00025,000150,00040,000100,000
Oct. 10,1931Oct. 12,1931
.do.....do.
do....do
do.
$50,000200,00024,460148,32096,94048,800
$50,000200,00024,460148,32096,94048,800
Oct. 13,1931dododo
147,90039,34029,460
147,90039,34029,460
d o -— _do
do—do
do ...
24,34050,000
24,34050,000
Oct. 15,1931do
— . d o.do.do
.—dodo
26,96049,338
49,040122, 73724, 64060,00047,18024, 640
26, 96049, 338
49,040122, 73724, 64060,00047,18024, 640
—doOct. 16,1931
.do.dodo -do
Oct. 19,1931do -..
24,70012,50024, 70030,000196,82050,000
24, 70012, 50024, 70030,000196, 82050,000
.do.dodo
$62,0001,107,500
10,00095,750174,82819, 525149,484456,82337, 24610,00021,70050,300179, 52842,300114,87176, 902
209,89510,00044, 370105,8653,70019,183
38, 920 38, 920
37,44982, 27636,04124,850434, 733211, 77413, 455
236,98545,84560,000
$287,4418, 931,863
194,8571,351,249902, 789584,676641,322
1, 563,970333, 548285,43145, 417397, 674468,100116,184
1, 239,841239,051
520,567501,020470,719187,069560,275192,873116,90879, 941114, 791209, 239200,036228, 482
1, 350, 2841,061,410367,017265,371516,122
1,841,833
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Lyon County National Bank, Rock Rapids, Iowa.-First National Bank, Cowen, W.VaFirst National Bank, Lake City, IowaFirst National Bank, Turkey, TexFirst National Bank, Baldwin Park, CalifFirst National Bank, Doon, IowaFirst National Bank, Blockton, IowaCity National Bank, Herrin, 111Citizens National Bank, Prosperity, S. CFirst National Bank, Newark, N. YFirst National Bank, Dexter, MoExchange National Bank, Pittsburgh, PaCitizens National Bank, Kokomo, IndCommercial National Bank, Eufaula, AlaFirst National Bank, Graceville, FlaWilcox National Bank, Wilcox, PaCity National Bank, Paducah, KyFirst National Bank, Cardington, OhioPeoples National Bank, Blairstown, N. J...First National Bank, North Rose, N. YNational Bank of Albion, Albion, 111Monongahela National Bank, Pittsburgh, PaFirst National Bank, New Windsor, MdCitizens National Bank, Philippi, W. VaFirst National Bank, Buchanan, MichFirst National Bank, Newburg, W. VaFirst National Bank, Sycamore, 111Security National Bank, Paducah, TexCitizens National Bank, Seward, PaHutchings First National Bank, Siloam Springs,
Ark _First National Bank, Alliance, Nebr__First National Bank, Somerfield, Pa_Citizens National Bank, Sedalia, MoFirst National Bank, Hoquiam, WashFirst National Bank, St. Thomas, N. Dak _First National Bank, Buena Vista, Colo.9First National Bank, Blytheville, ArkFirst National Bank, Belle Fourche, S. DakFirst National Bank & Trust Co., Monessen, Pa._First National Bank, Logansport, IndCity National Bank & Trust Co., Corpus Christi,
Tex._First National Bank, Sea Isle City, N. J...Second National Bank, Morgantown, W. VaPhoenix National Bank, Columbia, TennFirst National Bank, Pharr, Tex ._.First National Bank, Marceline, MoFirst National Bank, Noble, 111American National Bank, Dayton, Tenn
7089105594966111381068567648211867012774349
11320105741215024742312933209312798331001613449387474763773925762618961274813011
1350642268901197144274550873511651656152533084
122792458787010169706695277579
Dec.MayJuneJan.Dec.Apr.MayApr.MayMar.Mar.Apr.Feb.Sept.Sept.MayJan.Oct.JulyApr.Apr.Apr.Dec.JuneSept.Jan.Sept.MayOct.
Nov.Dec.Aug.Aug.Sept.Mar.MayMar.Dec.Dee.Oct.
15,190319,191421,189416,191830,191415.19033,190624,190729.19252.18647,19198.186522,18893,189526.190424.192614,187315.18632.19107.19114,19309,188824.186426,190210.188823.192515,18718,192518.1926
29,193019.188910,19079,187222.18907,189113,190712,19208,190214,18993,1883
Mar. 18,1905Oct. 26,1922Feb. 11,1880Aug. 8,1905Mar. 21,1912Nov. 19,1903July 19,1909Jan. 8,1901
75,00025,00050,00025,00025,00025,00025,00050,00050, 00050,00050,000
1, 000,000100, 00070,00025,00025,000
200,00050,00050,00025,00050,000
250,00055,00040,00050,00025,00050,00050,00025,000
50,00050,00025,000
100,00050,00050,00025,000
100,00025,00050,000
230,000
50,00025,00060,000200,00025,00025,00025,00025,000
224,000
147,87519,95544,800102, 25086, 26175, 50012,000
594,00040,000
6, 643, 250897, 825422,80073, 625
1, 299,382432,40040, 50045, 0002,000
4, 250,000365, 235136, 350201,00042, 000628,90922, 5002,500
502,00039, 750759,000
1, 244, 00049,00045, 25091,00050,000236,900855, 200
261,35020,500405, 500431,50017,500143, 75017,875180,000
75,00025,00050,00025,00035, 00050, 00025, 00050,00050,000150, 00050,000750, 000350,000150,00035,00025, 000
300, 00060,00050,00050,00050,000
1,000, 00077,00050,00050,00025,000175,00050,00025,000
50,000100,00025,000100,000300,00025,00025,000100,00025,000160,000250,000
200,00050,000100,000200,00050,00025,00025,00025,000
Oct. 20,1931do
Oct. 22,1931dodododo__
. . . . dodo__
Oct. 23,1931do _dodo
Oct. 27,1931dodo
Oct. 28,1931Oct. 29,1931
do
dodo _do
Oct. 30,1931dodo
Oct. 31,1931Nov. 2,1931
do
doNov. 3,1931Nov. 5,1931Nov. 6,1931
dodo ._dodododo
Nov. 11,1931
. d o . .do
_. dodo
Nov. 12,1931Nov. 13,1931Nov. 14,1931
do
74, 280
48,800
49,9956,250
49, 280
145, 92050,000
742, 980
98,32034,34020,000
300,00050,00048,02025,000
386,86053,44039,40048,74024,460
175,000
17,96049,15824,16098, 258
294,00025,0009,520
5,320143, 760246,340
230,44023,38077,780
120,56024,16014,82024,70023,920
74, 280
48,800
49,9956,250
49, 280
145,92050,000
742,980
98, 32034,34020,000
300,00060,00048,02025,000
386,86053,44039,40048,74024,460
175,000
17,96049,15824,16098, 258
294,00025,0009,520
6,320143, 760246,340
230,44023,38077,780
120,56024,16014,82024,70023,920
70,0005,650
16, 70793, 71829,24726,03813,00994, 35036,926
150,00055,500
1, 697, 301263, 85858,67210,169
1,022,1005,606
69,000116, 500
4, 784, 50012,490
134,48455,0005,000
104,891123,82120,000
125, 400579,106
15, 20093, 20031,59229,000
167,40887,980
407,63852,183
446,876198,77635,00829,50034,100
139, 560
1, 065, 79889,084321, 57341,461231, 514152, 699118, 042711, 721167,497
2,060, 550294,215
4, 264,1232, 966, 246
139, 309148, 401243, 669
4,487,975207,666399,048421, 713560,349
8,857, 684465, 232651,330499, £75
1, 387,452386,85670,141
364,4741, 623,327210, 795
1,925,8171,800,002174,05298,048166,331503,421
2,401, 6684,901, 206
1, 272,890280, 248
1,944,326433,137161, 265248, 829151,753456,719
3oo
o
Footnotes at end of table, p. 331.oooCO
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
TABLE NO. 45.—National banks in charge of receivers during year ended Oct. 81, 1934, dates of organization and appointment of receivers,capital at date of organization and at date of failure, dividends paid while solvent, lawful money deposited with Treasurer of the UnitedStates to redeem circulation to Oct. 31, 1934, circulation outstanding, borrowed money, and total deposits at date of failure—Continued
CO
Name and location of bank
First National Bank of Custer City, Custer, S.Dak
First National Bank, Steamboat Springs, ColoFirst National Bank, Frederic, WisFirst National Bank, Tilden, Nebr._First National Bank, Laredo, Tex.iSecond National Bank, Brownsville, Pa.1First National Bank, Houtzdale, PaFirst National Bank, Corinth, MissSecond National Bank in Youngstown, Ohio 1
Norfolk National Bank, Norfolk, NebrFirst National Bank, Brighton, ColoFirst National Bank & Trust Co., Woodbridge,
N . J —First National Bank, Zillah, Wash...First National Bank, Stanford, MontTwin Falls National Bank, Twin Falls, IdahoHopewell National Bank, Hope well, PaFirst National Bank in Gulfport, MissFirst National Bank, West Frankfort, 111First National Bank, Christopher, 111Ithaca National Bank, Ithaca, MichCitizens National Bank & Trust Co., Terre Haute,
Ind__-First National Bank, Glen Campbell, PaPeoples National Bank, Lodi, OhioCitizens National Bank, Ellwood City, PaFirst National Bank, Geneva, OhioFirst National Bank, Washington, N. C ,___.First National Bank, Chaffee, MoNogales National Bank, Nogales, ArizFirst National Bank in Aberdeen, WashFirst National Bank, Twin Falls, IdahoWest Point National Bank, West Point, NebrFirst National Bank, Dougherty, Iowa
Organization
Char-terno.
444864548491921724862673669590941233233477577
95761062511274963813553767382606485
1322452041067711570153
499799281101211751760833405576
Date
Sept. 27,1890Sept. 12,1902Dec. 10,1906Aug. 3,1908June 26,1880Apr. 11,1882Mar. 21,1903Feb. 27,1908Feb. 28,1923May 13,1885Dec. 31,1904
June 12,1906Sept. 30,1909Aug. 18,1914Oct. 28,1918Oct. 13,1909June 5,1931Feb. 28,1905May 12,1906Oct. 10,1902
July 24,1928Apr. 8,1899Nov. 12,1914Dec. 19,1919June 6,1863Apr. 11,1895Jan. 19,1911May 15,1917May 22,1920Jan. 14,1905May 9,1885July 30,1900
Capital
$50,00025,00025,00050,000
100,00056,00050,000
100,000200,00060,00025,000
25,00025,00035,000150,00025,000400,00025,00025,00025,000
200,00050,00050,000100, 00060,00050,00025,00050, 000100,00025,00050,00025,000
Totaldividendspaid dur-ing exist-ence as anationalbankingassocia-
tion
$27,50039,75046, 250112, 250493, 770379, 675329,500206,00054,000406,000125, 250
93,09756,00037,1004,50025,250
98,000196, 29657,100
30,000247,000
43, 50059,000
229,000269, 50080, 25047,00054,500
241,000293, 000
45, 750
Failures
Capital
$25,00025,00025,00050,000250,000125,000125,000100,000200,000100,00040,000
150,00025,00035,000150,00025,000
400, 00025,00060,00025,000
200,000100,00050, 000100,00050, 000100,00050,00050,000150,000100,00050, 00025,000
Receiverappointed
Nov. 17,1931. . - d o
.do.do
Nov. 30,1931_do..
—.dodo..
.—doDec. 2,1931
do
— do.—.do.
.-do..do
Dec. 3,1931.do.
Dec. 7,1931dodo
dodo
Dec. 8,1931.do.
Dec. 9,1931Dec. 11,1931
dododo
Dec. 12,1931Dec. 14,1931
do
Lawfulmoney
deposited
$10,00024,70020,000110,520
12,70033,98038, 720100,00024, 220
100,0006,250
49,28017,500246,10024,99858,20025,000
98,62036, 60093,160
97, 66039,04048,86097,660
49,99812,500
Circula-tion out-standingat date
of failure
$10,00024,70020,000110,520
12,70033,98038,720100,00024,220
100,0006,250
49, 28017,500
246,10024,99858,20025,000
98, 62036,60093,16048, 68097, 66039,04048,86097,660
49,99812,500
Borrowedmoney(bills
payable,redis-
counts,etc.) atdate offailure
$10,94444,30273,63524,465160,000130,104150,000299,058202,83542,79850,000
200,00035,055
56,032
484, 21340,00046,500
92,37762,05868,83454,13076,000263,06115,10084, 507133,656131,953
38,473
Totaldeposits
at date offailure
$155,284431,589247,094181,547
65,8891,005,048970,948
856,635232,031
1,543, 721193,750101,031241, 348222,415
3,050,178965,518841,288521,939
1,146,413368,881
597,358
491,828255,718410,584
1,452,512907,985646, 287190,940
3
oK
3
3
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Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
First National Bank, Sweetwater, TexFirst National Bank, Mullins, S. CFederal National Bank, Boston, MassFirst National Bank, Starkweather, N. DakFirst National Bank, Momence, 111—-First National Bank, Warsaw, N. CGillespie National Bank, Gillespie, 111First National Bank, Mound City, 111Commercial National Bank, Raleigh, N. CFirst National Bank, Victorville, CalifFirst National Bank, Chardon, Ohio J
Macksburg National Bank, Macksburg, Iowa 1Boston-Continental National Bank, Boston, Mass.First National Bank, Louisburg, N. CFirst National Bank, Brushton, N. YFirst National Bank, Venice, CalifFirst National Bank, Idaho Springs, ColoState National Bank in Lynn, MassFirst National Bank, Kingston, TennMarion National Bank, Marion, Ohio.First National Bank, Kelso, WashAmerican National Bank & Trust Co., Benton
Harbor, MichFirst National Bank, Fredericktown, OhioFirst National Bank, White House Station, N. J..First National Bank, Middleport, N. YFirst National Bank, Gasport, N. YNational Bank of Seymour, Seymour, IowaFarmers & Merchants National Bank, Roseville,
111. iItasca National Bank, Itasca, TexFirst National Bank, Cambridge, Ill.iCreighton National Bank, Creighton, NebrFirst National Bank, Lost Nation, IowaFarmers & Merchants National Bank, Enterprise,
AlaFirst National Bank, Farmer, S. DakWalnut Park National Bank, Walnut Park, Calif.National Bank of La Grange, La Grange, N. CNational Bank of Snow Hill, Snow Hill, N. CFirst National Bank in Florence, S. CPeoples National Bank, Burgettstown, FaVandeventer National Bank," St. Louis, MoBishopville National Bank, Bishopville, S. CFirst National Bank, Yorba Linda, CalifFirst National Bank, Ozark, ArkHammond National Bank & Trust Co., Ham-
mond, IndFirst National Bank in Decatur, AlaFirst National Bank in Hazard, Ky
5781987612336639770791176779037443906711005467168521190375549643102332962123621231963088639
101435640906192061062313495
129265749254087975402
1042111456125721263312772127991300913270108721090512985
81991033613248
Apr.Sept.Mar.MayDec.JuneJulySept.Feb.MayDec.MayDec.Jan.Oct.Jan.MayApr.Nov.JuneFeb.
11.190119,191019,192319.190214.190321,192024,190515.190415.19081,1917
14,189113,190221,19206,190520.19093,191219,188316,192328,192212,19021,1907
Feb. 5,1912Nov. 22,1900Dec. 23,1907July 14,1908Sept. 19,1914Sept. 2,1930
Apr. 23,1926Mar. 15,1901June 17,1881June 27,1907M a y 2,1900
July 2,1913Aug. 30,1919Aug. 6,1924Jan. 29,1925June 13,1925June 26,1925Nov. 8,1926Dec. 31,1928M a y 16,1916Aug. 15,1916Aug. 23,1926
Apr. 2,1906Feb. % 1913Oct. 10,1928
25,00025,000
1,500, 00025,00050,00050,00050,00025,000100,00025,00050,00025,000200,00025,00025,00050,00050,000200,00025,000200,00025,000
100,00025,00030,00025,00025,00025,000
50,00030, 00050,00025,00025,000
50,00025,00050,00025,00050,000100,00050,000250,00075,00025,00025,000
100,000100,000100,000
168, 25040,000
410, 08148,000106,50016,500102,00049,000770,00014,750
205,00019,000152,75062,50033,7507,359
292,50065,0007,500
408,000122,000
339,00023,75056,10070,00031, 250
5,000155,400247,14524,75050,850
164, 500
79, 500
14,00050,000
18, 750
16,2501,500
361,096262, 000
100,00050,000
2, 005,58525,00050,00050,00075,00025,000600,00025,000100,00025,000
1,000,00050,00025,00050,00050,000200,00025, 000200,000100,000
200,00025, 00030,00025,00025, 00025, 000
50, 00060,00050, 00025, 00040, 000
150,00025,000100,00025, 00050,000100, 00050,000250,00075,00025,00025, 000
400,000200, 000100,000
dodo
Dec. 15,1931Dec. 17,1931
dodo
Dec. 19,1931dododo
Dec. 22,1931dododo
Dec. 23,1931do . _ -dodo - -
Dec. 24,1931do
Dec. 29,1931
do - .- -Dec. 30,1931
do .dodo .do
Dec. 31,1931Jan. 2,1932Jan. 8,1932Jan. 9,1932Jan. 11, 1932
do. . do
do _ . .dododododo
Jan. 12,1932do
Jan. 13,1932
Jan. 18,1932dodo
24,4001,500, 000
6,50024,760
75,00010,000171,00024, 640
894, 52049,46023,62015,000
12, 080196,10024, 280
197,42025,00014,70024, 52024, 640
59,100
6,07011,010
48, 620
384,460200,000
24,4001,500,000
6,50024,760
75,00010,000171,00024,640
894,52049,46023,62015,000
12, 500196,10024, 280
197,42025,00014,70024, 52024,640
59,100
6,07011,010
48,620
384,460200,000
104,137
1,665,38620,04155,00012,519181,81719,840
1,098,74145,15550,00019,099
1,145,060
20,00028,00044,700122,33616,056311,77314,000
420,50021,73044,000138,50082,73510,350
99 00056,776196,99142, 88858, 508
371,10925,00099,26521,47435,952170,9895,960
324, 53246, 68924, 84519,261
369,483326,03325,300
588,864177, 284
24,452,82554,443489,70334,047
1,130,403121,418
3,653,385236,213
5,489,940228,621792,437223,113137,336
2, 061,94867,022
1,009,200432, 657
1,692,239173, 275630,864379,498150,444152,991
138, 533
105,40590,906
384, 64839,117
1,123, 55042,48184,313820, 272152, 670
1,196, 262232,987137, 40590, 211
2, 569, 503760, 770625, 344
3
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Footnotes at end of table, p. 331. oo
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
TABLE NO. 45.—National banks in charge of receivers during year ended Oct. 31, 1934, dates of organization and appointment of receivers,capital at date of organization and at date of failure, dividends paid while solvent, lawful money deposited with Treasurer of the UnitedStates to redeem circulation to Oct. 31, 1934, circulation outstanding, borrowed money, and total deposits at date of failure—Continued
Name and location of bank
Farmers National Bank, Granville, N. YFirst National Bank, Osnabrock, N. DakNational Bank of Sabetha, Sabetha, KansFirst National Bank, Durham, N. C.9Home National Bank, Elgin, 111Oskaloosa National Bank, Oskaloosa, Io\*aCitizens National Bank, Long Branch, N. J .Valparaiso National Bank, Valparaiso, IndFirst National Bank in Mount Olive, 111Bozeman Waters First National Bank, Poseyville,
IndCorinth National Bank, Corinth, N. Y_ .__.Citizens National Bank, Albion, N. YFirst National Bank, Harlem, MontNational Bank of Adrian, Adrian, MoFirst National Bank, Woodward, OklaGermantown National Bank, Germantown, N. YFirst National Bank, Iowa City, IowaFirst National Bank, Culver City, CalifNational Bank of Rensselaer, Rensselaer, N. Y —Griggsville National Bank, Griggsville, 111First National Bank, Arcadia, Fla..__Nephi National Bank, Nephi, UtahElkin National Bank, Elkin, N. COcean Grove National Bank, Ocean Grove, N. J .Farmers National Bank, Pekin, 111National Bank of Whitehall, Whitehall, N. Y..._Anamosa National Bank, Anamosa, Iowa _First National Bank, Gary, IndThird National Bank, Pittsburgh, Pa.iFiist National Bank, Hiawatha, KansTrigg National Bank, Glasgow, KyBell National Bank, Pineville, KyFirst National Bank, Columbus, MontFirst National Bank, Murfreesboro, Tenn
Organization
Char-terno.
3154723446263811201624176038621513452
13£0364794998764412413557512242
181173212773211655348508567354032287
8426291
54867215
1692
Date
Mar.Apr.Aug.Sept.JulyMar.Nov.Mar.Apr.
Nov.Oct.MayFeb.JulySept.Jan.JuneMayDec.JuneJuneNov.Dec.Apr.JulySept.Feb.Oct.Dec.Nov.JuneMar.Mar.Feb.
20,18847,1904
28,189120,18873.18726,187920.19016,19022,1930
7,193013.19022,18959,19059.19234,19007,192212,188224,19202.19242.187315,190021,190619,190020,190019,187529,19064,18929,190630,186312,188125,190028,190427,190927,1869
Capital
$50,00025,00060,000100,000100,00050,000100,000100,00050,000
50,00025,00050,00025,00025,00025,00050,000100,00025,000100,00050,00030,00050,00025,00025,00050,00050,00050,00025,000300,00050,00050,00025,00025,000
100,000
Totaldividendspaid dur-ing exist-ence as anationalbankingassocia-
tion
$250,70065,250279,300
1,249,250825, 500444,500437,000337,000
121,100400, 50073,750
111, 3504,500
457,00017, 75010,000
314, 500179,00056,00095,500
162,025543, 500151, 500204,000582, 500
2,408,500213,000249,063127,25050,250
1,133,400
Failures
Capital
$100,00025,00060,000
600,000150,000100,000150,000150,00050,000
50,00035,000
200,00025,00025,00050,00050,000
100,000100,000100,00050,000
100,00050,00050,000
100,000100,000100,000100,000250,000500,00055,00075,000
100,00025,000
200,000
Receiverappointed
Jan. 18,1932— .do
do.do
Jan. 20,1932do__dododo
dodo
Jan. 21,1932dododo
Jan. 22,1932do
Jan. 23,1932do
Jan. 26,1932dodo__do
doJan. 27,1932
doJan. 28,1932
dododo
Jan. 29,1932Feb. 1,1932
Lawfulmoney
deposited
$97,54024,81559,280600,000114,100
98,435
48,68019,46049,2806,010
49,4609,520
98,02095,260
12,50069,28042,74024,70024,04095,80047,90098,740
244,240415,22054,22071,88095,98024,64086, 540
Circula-tion out-standingat date
of failure
$97,54024,81559,280
600,000114,100
98,43548,380
48,68019,46049,2806,010
49,4609,520
98,02095,260
12,50069,28042, 74024,70024,04095,80047,90098, 740
244,240415, 22054,22071,880
195,98024,64086,540
Borrowedmoney(bills
payable,redis-
counts,etc.) atdate offailure
$389,315
98,8652,175,909
243,602171,928419,600
54, 74550, 647
82, 937
56,00030, 63353,079
163,075197,69230,000
159,90424,950
138,71545,318
104, 248345,13975,000
285, 60020,000
875,000504,19270,136
161,30024,56031,800
352,866
Totaldepositsat date offailure
$1,173,44994,147503,713
3,673,4431,284,8711,382,7591,478,736653, 645419,379
425, 2071,555,4113,190,726173,04143,671402,464295,459880, 545814,166872,922220,646455,69096,108455,625
1,429,061961,039940,379620,019
2,703,458
331,989591,789464,452141,978
1,049,518
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
First National Bank, Harvey, 111Cumberland National Bank, Fayetteville, N. C.. .Peoples National Bank, Clinton, MoHopedale National Bank, Hopedale, 111 ._.First National Bank, Palatine, 111Washington National Bank in the City of Tacoma,
Tacoma, Wash __Middlesex National Bank, Lowell, MassFirst National Bank, Milton, OregCoast National Bank, Seaside Heights, N. JPoint Pleasant Beach National Bank & Trust Co.,
Point Pleasant Beach, N. JOlympia National Bank, Olympia, WashFirst Willapa Harbor National Bank, Raymond,
Wash.Pikesville National Bank, Pikesville, MdSouth Gate National Bank, South Gate, CalifPeoples National Bank, Wellsville, OhioFirst National Bank, Monte Vista, ColoFirst National Bank, Boswell, Pa _.First National Bank, Monterey Park, CalifFirst National Bank, Victoria, VaJoliet National Bank, Joliet, 111Commercial National Bank, High Point, N. C.._.National Bank of America at Gary, I n d . . __.First National Bank, Shelbyville, Ind_._First National Bank, Brockway, Pa.1
First National Bank in Brockway, Pa.iRockford National Bank, Rockford, 111First National Bank, Mendota, 111Mendota National Bank, Mendota, 111Sedalia National Bank, Sedalia, MoNational Bank of De Pere, De Pere, WisWayne National Bank, Goldsboro, N. CFirst National Bank, Pittsburg, Kans _.First National Bank, Cherokee, KansFirst National Bank, Newport Beach, CalifSeaside National Bank, Long Beach, CalifFirst National Bank, Craig, ColoCraig National Bank, Craig, ColoPioneer National Bank, Waterloo, IowaBurnet National Bank, Burnet, TexJohn Weedman National Bank, Farmer City, 111..First National Bank, Le Roy, Ill__First National Bank, Foosland, 111Citizens National Bank, Great Bend, Kans.First National Bank, Sedro-Woolley, WashFirst National Bank, Renovo, PaFirst National Bank, Hornell, N. YFirst National Bank, Pitcairn, Pa
8667131688509939811934
1266712343920112354
132155652
11672886712807634572286603120611218345204568110941263549713566181611775086439264691061434635447107021281910558105605120696634076586112995705790837632625848
Mar. 11,1907Jan. 12,1928Dec. 31,1906Apr. 1,1909Jan. 25,1921
Dec. 27,1924Mar. 30,1923June 6,1908Mar. 17,1923
May 1,1928Nov. 10,1900
Mar.JulyAug.JuneApr.Jan.Nov.Apr.Oct.Mar.Dec.MayJuneJulyMar.Feb.JulyJulyOct.Sept.Feb.JuneJan.Aug.MayJuneApr.Sept.Oct.Jan.Jan.Jan.Aug.JulyNov.May
23,192023,19073,192527.19028,19048,19033,192114,192229.189023.189111,19162,186523,190029,19318,187113,186514.189710,18906,190211,19148,188616.19008,191529,192528,19146,191412.189815.190326,188510,190310,191931.190131,190516,188721,186320,1901
50,000150,00050,00050,00025,000
200,000200,00050,00025,000
100,00050,000
100,00025,00050,000100,00025,00030,00025,00025,000100,00050,000100,00065,00035,00065,000100,00065,00050,000100,00050,000325,00050,00025,00025,000300,00025,00025,000100,00025, 00050, 00050,00025, 00050,00025,00050, 00050,00025,000
118, 25036,00076,00085, 25016,500
103,000120,000
313, 500
54,00049,2002,000
223,500132,93095,40022,0006,000
1,084,5001, 402,000127, 500862, 750144,800
2,044, 000762,856234, 500267,500205,000461, 500356, 78592,91115, 500
31,00029,250692, 90075,900363, 320116,0002,750
166,30023, 000248, 500
1,179, 723226,125
100, 000150,00050, 00050,00050,000
200,000200,00050,00025,000
100,000125,000
100,00040,00050,000
100,00050,00030,00025,00025,000
700,0001,000,000
150,000100,000
35, 00065,000
750,000100, 000100,000100,000100,000325, 000100,00025,00025,000
300,00025,00025,000
200,00030,00075,00050,00025,00050,00025, 00050,000
300,000100,000
do __.do
Feb. 2,1932dodo
doFeb. 3,1932
dodo
.do-.
.do..
. .—doFeb. 6,1932.—do.
doFeb. 8,1932Feb. 9,1932
dodo.
Feb. 10,1932do.do.do
Feb. 11,1932do.
Feb. 12,1932dodo
Feb. 15,1932Feb. 16,1932Feb. 17,1932
.do._do_._do_._do-
Feb. 18,1932dodo
.do.Feb. 19,1932
.do
.doFeb. 20,1932Feb. 23,1932Feb. 26,1932Feb. 27,1932Mar. 2,1932
48,800
49,28023,98015,000
191,960176,960
94,900
48,8606,250
97, 78023,92029,39725,00025,00097,180474,14093, 22069,280
199,98048,80011,320100, 000100,000177,32096,33723,980
97,900
196,94029,03771,28048, 560
49,340
12,20098, 08023,860
48,800
49,28023,98015,000
191,960198,560
94,900
48,8606,250
97,78023,92029,39725,00025,00097,180474,14099,10069,280
199,98048,80012,320100,000100,000177,32096,33723,980
97,900
196,94029,03771, 28048, 560
49, 340
"I2~266"98,08023,860
112,970304,652
20,43433,191
125,865114,21043,00291,999
230,274130,780
60,25075,00035,000192,11067,41970,815
62,1731,035,9562, 307,509136,11591,146102,858598,755601,50150,98073,62570,00027, 000513,67586, 7559,87318,875175,57727,00064,239842,904
19,00040, 262
72,1437,25065,611727,05169,500
879,0161,046,755281,040112,748128,593
975,7554,842,072479,662202,108
228,7211,828,063
957,619853,133440,249578,054148, 271625,303411, 215259,249
3,512,5183,892,564882,274496,588
4,450,746438,364696, 739472,862612,864
1,538,1031,425,067148,625197,349975,185182,499240,772
1, 874, 20948,946354,993183,331121,462287, 205318,286885,193
1,661.589803, 720
33
gI
Footnotes at end of table, p. 331.
wMod
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TABLE NO. 45.—National banks in charge of receivers during year ended Oct. 31, 1934, dates of organization and appointment of receivers,capital at date of organization and at date of failure, dividends paid while solvent, lawful money deposited with Treasurer of the UnitedStates to redeem circulation to Oct. 31, 1934, circulation outstanding, borrowed money, and total deposits at date of failure—Continued
CO
8
Name and location of bank
Organization
Char-terno.
Date Capital
Totaldividendspaid dur-ing exist-ence as anationalbankingassocia-
tion
Failures
Capital Receiverappointed
Lawfulmoney
deposited
Circula-tion out-standingat date
of failure
Borrowedmoney(bills
payable,redis-
counts,etc.) atdate offailure
Totaldepositsat date of
failure
8
H
ao
Peoples National Bank, Pitcairn, PaFirst National Bank, Trafford, PaFirst National Bank, Champaign. Ill AFirst National Bank, Bardwell, KyFirst National Bank, Hamilton, 111First National Bank, Arlington, GaFirst National Bank, Hartwell, GaCity National Bank, Knoxville, Tenn.1First National Bank, Alexis, 111.1.. _Citizens National Bank, Kendallville, IndFirst National Bank of Bay Point, Port Chicago,
CalifFirst National Bank, Alva, OklaSecurity National Bank, Fairfield, IdahoNational Bank of Commerce, Garnett, KansMerchants National Bank, Brownsville, TexMerchants National Bank, Defiance, Ohio iFirst National Bank, Defiance, Ohio l
First National Bank, Lonaconing, Md.19
First National Bank, Fairfax, Okla-First National Bank, Nebo, 111.3 -First National Bank, Glasgow, Ky ._Forest City National Bank, Rockford, 111First National Bank, Highland, Kans..First National Bank, Albion, 111.1Albion National Bank, Albion, 111.1Coggin National Bank, Brownwood, Tex.19
First National Bank, Roscoe, Tex.1» __Bayard National Bank, Bayard, W. VaFirst National Bank in Driggs, IdahoFirst National Bank, Lafayette, ColoCitizens National Bank & Trust Co., Hornell, N.Y_National City Bank, Tampa, Fla.1.Douglass National Bank of Chicago, Chicago, I1L_United States National Bank, La Grande, Oreg.1..
118926962913833198838314116953837496712532
11561558711884529270022516466177327972104924819432591368429902598121289911664132678909252210958122279314
Dec.MayJan.MayOct.JulyMar.Jan.MayFeb.
Dec.Sept.Nov.Apr.Oct.Apr.Nov.Apr.Oct.Jan.Nov.Apr.Apr.Oct.Sept.JuneFeb.Feb.Dec.Sept.Mar.Feb.Nov.Dec.
1.192011,190330,186519,190610,191016,190617,192012,188818,189428,1924
19.191918,190012.19203,19001,19037,188111,189127,190527.190528,19145,18928,189011,190817.190611.19079,191015,192623,192021,192821,190712,188121,19174.19219,1908
$75,00050,00065,00025,00050,00030,00050,000100,00050,00080,000
25,00025,00025,00025,000100,000100, 000150,00025,00025,00025,00050,000100,00025,00050,00025,000100,00025,00025,00025,00025,000125,000300,000200,000100,000
$18,00018,900
1,307,15090, 75049, 75038,70028, 000
1,845,00096, 7506,400
1,500206, 25010,000123,375655,000244, 000376,12560,000114,37531,700186,500774,00048,2002,00099,250154,0002,4682,500
6,000385,584488,00039,000672,400
$75, 00030,000300,00025,00050,00030,00075,000
1, 000, 00050,00080,000
25,00050,00025,00025,000250,000100,000100,00025,00025,00040,00050,000300,00025,00050,00050,000100, 00025,00025,00025,00025, 000125, 000500,000250,000100,000
Mar. 2,1932.-..do -.Mar. 4,1932
dodo.
Mar. 8,1932.....doMar. 9,1932Mar. 15,1932Mar. 16,1932
Mar. 18,1932—do.. -Mar. 19,1932Mar. 25,1932Mar. 28,1932Apr. 11,1932
do
$23,80028,86094,72023,44049, 5809,460
$23,80028,86094,72023, 44049, 5809,460
75,440
400,000
"75,446
24,700 24,700
24,700249,997
24,700249,997
do.Apr. 12,1932
doApr. 15,1932Apr. 19,1932Apr. 26,1932Apr. 27,1932
..do-
ll, 96038,98050,000198,6206,250
11,96038,98050,000198,6206,250
$116, 78155,500810,10047,50025,80024,57774,476
3,392,87449,75665,000
25,000182,44911,25643,886719,457100,000100,00088,461
do—.—.doApr. 28,1932May 3,1932May 9,1932May 10,1932May 20,1932May 21,1932May 23,1932
25,000 25,000
75,000180,00039,227
140, 814151,226100,00014,186
$383,801466,618
4,174, 258229, 720197,22879,989100,312
434,087
112,675340,75881,797300,484
2, 786,273
266,849154,197292,506
2,005,24296,520
24,52098,315
"238," 540'
25, 00098,315
"238," 540'
29, 55462,02817, 000
976,609525,900109,68350, 000
144,34084,525111, 560
1,518,460
"""419,"689224,313
w
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
First National Bank, South Glens Falls, N. YHancock National Bank, Sparta, GaUnited States National Bank, Iron Mountain,
MichCitizens National Bank, Salmon, IdahoFirst National Bank, Hartington, Nebr_First National Bank, Crofton, NebrBaraga County National Bank, L'Anse, MichLiberty National Bank, Waco, Tex.i _.First National Bank, Beverly Hills, Calif. __National Bank of Rolla, Rolla, MoFirst National Bank, Jayton, Tex__Washington National Bank, New York, N. Y.L__.First National Bank, Sutersville, PaFirst National Bank, Rock Falls, 111Leominster National Bank, Leominster, MassFirst National Bank, Sheffield, IowaHenderson National Bank, Henderson, KyNew Jersey National Bank & Trust Co., Newark,
N. JHolston National Bank, Elizabethton, Tenn.iAlliance National Bank of Chicago, Chicago, 111...First National Bank, Arlington, NebrFirst National Bank, Whitesburg, KyFirst National Bank, Etowah, TennBowmanville National Bank of Chicago, Chicago,
First National Bank, Oneida, 111Boonville National Bank, Boonville, Mo '..,Hurley National Bank, Hurley, WisFirst American National Bank & Trust Co.,
Berwyn, 111 _Columbia National Bank, Columbia Heights,
MinnSan Bernardino National Bank, San Bernardino,
CalifJefferson Park National Bank of Chicago, Chicago,
National Bank of Milton, Milton, IowaJackson Park National Bank of Chicago, Chicago,
111.Standard National Bank of Chicago, Chicago, 111..Ravens wood National Bank, Ravenswood, 111First National Bank, Wilmette, 111National Bank of Woodlawn of Chicago, Chicago,
First National Bank, Martinville, IndFirst National Bank, Mesa, ArizMidland National Bank of Chicago, Chicago, 111.
Footnotes at end of table, p. 331.
585112317
11929943245288186950911140114611865984513360627069983204124301615
991210976120014583104339162
10237107521091511594
12426
13114
3818
1010810243
1239113372102151082811980
7941113013036
Apr. 24,1901Feb. 2,1923
Jan. 15.1921Apr. 27,1909Feb. 13,1891Feb. 16,1905July 21.1909Jan. 24,1918July 7,1919Aug. 1,1871Aug. 3,1910May 23,1929Mar. 20,1902Sept. 1,1903Apr. 9,1884Aug. 7,1923Nov. 21,1865
Nov. 17,1910Mar. 6,1917July 22,1921May 26,1891July 14.1913Feb. 27,1908
July 25,1912June 5,1915Oct. 24,1916Jan. 30.1920
July 31,1923
July 6,1927
Oct. 17,1887
Oct.Aug.
5.19119.1912
May 25,1923Aug. 26,1929Apr. 30,1912Feb. 3,1916May 5,1921
Jan. 2,1865Jan. 7,1918Jan. 18,1927
25,00025,000
100.03060,00050,00025.00025,000300,00030,000100,00040,000500,00025,00025,000150,00040,000100,000
200,00025,000200,00050,00025,00025,000
50,00035,00075,00050,000
100.000
25,000
100,000
50,00025,000
200,000300,00050,00050,000300,000
100, 000100, 000200, 000
62,00014,500
58, 500104,000259,900
32, 75051,000
339,000457, 725293,35064,000
53,50053,250
465,00023,200
966,000
1,472, 58252,000
153, 50044.000
105,50072,500
314,50030,450
131,25066,000
6,250
852,000
289,50040,750
32,000
108, 500119,500114, 000
706,78833, 000
25,00025,000
100,000100,00060.00025.00050.000
300,000450,00050,00040,000
500,00025,00050,000
150,00040,000
200,000
2,800.00050,000
200,00025.00050,00050,000
300,00035,000
200,00050,000
175,000
25,000
100,000
300,00025,000
200,000300, 000200,000150,000300, 000
100, 000100, 000250, 000
May 24,1932do._
do _ .May 25,1932June 1,1932
doJune 2,1932June 3,1932June 7,1932June 8,1932
do _June 10,1932
do. doJune 11,1932. do - . .
do
do.June 14,1932June 15,1932June 17,1932
doJune 21,1932
dodo . .dodo
do . . .
do
do
Ju te 25,1932. . . do _--
do . . .dododo.
. . do _ .
June 27,1932dodo.
25,00025,000
100,00096,16049,82025,0006,250
400,00049,3409,400
25,00024,460
144,00039.700
26,600
147,72024,99750,00049,580
35,00024, 760
175,00050,000
99,100
74,4007,000
100,000
99,700100, 000
25,00025,000
100,00096.16049,82025,0006,250
400,00049,3409,400
25,66624,460
144,00039,700
1,026,600
147,72024,99750,00049,580
35,00025,000
175,00050,000
99.100
74,4007,000
100,000
99, 700100, 000
29,40074,729
94,455150,726129,13166,261
108,947300,000
1.011,964148,17462,942
27,00066,780
261,18648,550
236,900
5,703,466297,448782,82630,22156,350
155,297
605,11727,487
255,392132,951
167,626
92,200
187,100
632,3146,132
336,69430,00021,93957, 560
407, 760
177, 23455,840
192,679
428, 557148,523
463,480381,689231,34397,201404,956
5,197,831505,612117,60049,533366,351357,803
1,366,833250,030
1,032,681
7,946,632
688,24286,685499,860380,606
1,668,73795,768673,634413,811
523,530
212,519
1,188,300
1,141,83977,414
736, 519232,536507,939895,084
1, 344,928
762, 539376,468439, 793
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
'TABLE NO. 45.—National banks in charge of receivers during year ended Oct. 31, 1934, dates of organization and appointment of receivers,capital at date of organization and at date of failure, dividends paid while solvent, lawful money deposited with Treasurer of the UnitedStates to redeem circulation to Oct. 31, 1934, circulation outstanding, borrowed money and total deposits at date of failure—Continued
COI—LO
Organization
Name and location of bank Char-terno.
Totaldividendspaid dur-ing exist-ence as anationalbankingassocia-
tion
Failures
Capital Receiverappointed
Lawfulmoney
deposited
Circula-tion out-standingat date
of failure
Borrowedmoney(bills
payable,redis-
counts,etc.) atdate offailure
Totaldeposits
at date offailure
South Ashland National Bank of Chicago,Chicago, 111.
Peoples National Bank & Trust Co. of Chicago,Chicago, 111
First National Bank, Maquoketa, IowaFirst National Bank, Thompson, IowaFirst National Bank, Gardener, 111West Hollywood First National Bank, West
Hollywood CalifGuernsey National Bank, Cambridge, Ohio iFirst National Bank, Willoughby, Ohio iFirst National Bank, Spartanburg, S. CHyde Park-Kenwood National Bank of Chicago,
Chicago, 111First National Bank, Tyndall, S. DakFirst National Bank in Kerman, Calif... ._..Farmers National Bank in Vinton, Iowa__ _.First National Bank, Davidsville, PaFirst National Bank, Riverside, 111State National Bank, in Terrell, TexFirst National Bank, Waynesboro, MissFirst National Bank in Aurora, 111First National Bank & Trust Co., Chicago Heights,
111First National Bank, Burns, OregState National Bank, Iowa Falls, IowaPulaski National Bank, Pulaski, N. YFirst National Bank, Jenkins, KyRoss County National Bank, Chillicothe, Ohio—.Consolidated National Bank, Dubuque, IowaPeoples National Bank & Trust Co., Sullivan, Ind.Commercial National Bank, Waterloo, IowaClearfield National Bank, Clearfield, PaFirst National Bank, Enterprise, Ala 1
First National Bank, Artesia, Calif
13253
1331199950549406
11025194211994184813235
679212584132631140712386132871341313655
5876629575211496100621172232753922910483663198063
Nov. 2,1928
Apr. 2,1929Feb. 20,1865Dec. 21,1896Apr. 21,1909
June 21,1917Jan. 16,1872Apr. 26,1921June 5,1871Aug. 1,1928
MayAug.Nov.JuneApr.Feb.Dec.July
JuneMayAug.JulyJuneMayJan.MayMar.Dec.JuneJan.
6,190326,192423.192819,19196,192328.192930,192928,1931
11.190131.190220,19043,186529,19119,186531,187621,190016,188320,1S9221,19024,1908
$200, 000
1,000, 00050, 00050, 00025, 000
25, 000100,000100, 00060, 000
500, 000
25, 00025, 00075, 00025,00050, 000
100, 00025, 000
200, 000
50, 00025, 00050, 00050, 00050, 000
100, 000100,000100,00050, 000
100, 00050. 00025, 000
$492, 000414, 250208, 50039, 750
69, 625241,00036, 500
1, 548,800240, 000
91, 277
$200,000
1,000, 00050,00050,00025,000
75, 00050,000
100, 000500, 000600,000
40,00025,00075,00025,00050, 000
100,00025,000
200, 000
200,00050,00050,00075, 00075,000
150,000500, 000150, 000400,000200, 000100, 00050,000
June 27,1932
— - d oJune 28,1932
dodo
. . . . .doJune 29,1932
do. - - - - - -June 30,1932July 1,1932
July 2,1932dodo_ — —
July 6,1932do.
$27,32049, 34024, 760
299,997
25, 000
.—-dododo
25,00049,280
July 7,1932dodo.
July 11,1932July 12,1932July 14,1932
doJuly 15,1932July 18,1932
dododo
198, 200
40, 00050,00049,460
72, 600149,10049,70097,660
197, 600
"~25,~666~
$27, 32050,00024, 700
299,997
25,000
25, 00049, 280
198,200
50, 00050, 00049,460
73,800149,10049, 70097,660
197,600
~~25~666~
$20, 000
2, 061, 344166,11959,89754, 431
41,80051,604
1, 073, 390989,617729,450
81,40063,962
119, 32212,80046, 28866,486105,609299,558
325,879148,69930,155222,00064,395
298, 520921,350206,382717,150284,245374,17669,723
$94, 732
3, 729,097523,112146, 345130,878
182,886
2,023,1063,133, 265
302, 752177,823584,961119, 415227,890145,041462,294
2, 602,460
912,123128,123385,585
1,480,573217,587
1,054,4363,495,5171,165,3254,531,689556,907
~~166,~948
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Whitley National Bank, Corbin, KyCity National Bank, Sumter, S. C.1Farmers National Bank, Wewoka, OklaFirst National Bank, Thomasville, GaFirst National Bank, Sylacauga, AlaProducers National Bank, Tulsa, Okla.1Monroe National Bank, Monroe, N. YSpencer National Bank, Spencer, IndFirst National Bank, Leland, 111Buchanan County National Bank, Independence,
Iowa__-First National Bank in Sioux Rapids, IowaFirst National Bank, Adams, MinnFirst National Bank, Northwood, IowaBoise City National Bank, Boise, Idaho- ___.First National Bank, Gulfport, Miss.1First National Bank, Eldora, IowaFirst National Bank, Ackley, IowaFirst National Bank, Milton, N. DakFirst National Bank, Aurora, 111.1First National Bank, Mount Olive, 111.1First National Bank & Trust Co. in Pontiac,
Mich.1National Bank of Unionville, Unionville, MoFirst National Bank, Sevierville, TennFirst National Bank, Silverton, OregFirst National Bank, Indianola, Iowa.First National Bank, Lawrenceville, 111Twin City National Bank, Bluefield, Va - . . .First National Bank, George West, Tex.2First National Bank, Marengo, 111Broadway National Bank of Chicago, Chicago,
in.1 ;__.Citizens National Bank, Indiana, PaParma National Bank, Parma, IdahoFirst National Bank, Northboro, IowaFirst National Bank, Yukon, PaAshland National Bank, Ashland, Ky.1American National Bank, Gillespie, 111.1 _.Springfield National Bank, Springfield, PaFirst National Bank, Cairnbrook, PaFirst National Bank, Wendell, MinnFirst National Bank, Peetz, ColoFirst National Bank, Emporium, Pa._First National Bank, Frazee, MinnFirst National Bank, Letcher, S. DakCentral National Bank, Decatur, Ala.1Brown National Bank, Jackson, MinnCitizens National Bank, Wessington, S. DakFirst National Bank, Vincennes, IndAndalusia National Bank, Andalusia, Ala
93341012980523767745112042756397157864
1318813400805983733471618851408762651838
7350
12288132681244011106181153857782129191870
123237993115569015128082010123141303110704108981152332557024918810423779712888187311955
Dec.Jan.Jan.JulyOct.Nov.Nov.Mar.July
Mar.Nov.Jan.Aug.Mar.Feb.Aug.MayOct.JuneJuly
Dec.Dec.Sept.Nov.Nov.MayMayMar.Aug.
Nov.Nov.Oct.Jan.Aug.JuneFeb.Jan.Nov.Aug.Oct.Sept.Oct.MayJulyMayFeb.JulyApr.
22.190910, 191210, 190620,188710,190414, 102119.190417.191015.1905
15,19288,192911.190620.19069,18861.190222,189830.190725,190220,186315.1904
15,192212,19281,1923
21,191715.18704,190013.190530.19268,1871
25,192227,190511,191917.19088.192522,18722,192312.192721,191419,191627,191923,18842.190325,190810,191317,19058.192615.18719,1921
25, 000150, 00025, 000100,00030, 000250, 00025, 00050, 00030,000
125, 00050,00025,00050, 00050,000100, 00050, 00050, 00025, 00050, 00025, 000
200, 00040, 00060,00035. 00050, 00025, 00025, 00050, 00050, 000
200,00050, 00025,00025,00030,000300,00050, 00050,00025, 00025, 00025, 00050,00025, 00025,000100, 00040, 00030,000100, 000200, 000
44, 250189,00092, 750300, 50091, 13272, 50051,25095, 00047, 400
72, 07577, 750793,500595, 750265, 000116,00038, 250
1, 370,925115, 200
446, 000
22, 20038, 500272, 000
23, 7507,500
338, 000
67, 00028,75011, 50088, 250
6001, 788,100
35, 000
395, 00012, 5003,750
428,00096, 70048,750154, 50050, 398
672, 000128, 000
25, COO150, 00025, 000100, 00050, 000250, 00050, 00050, 00030, 000
125, 00050, 00030, 00050, 000
375, 000400, 00050, 00050, 00025, 000300, 00070, 000
600, 00040, 00060, 00035, 00050, 000100, 00050,00050, 00050, 000
200, 00050, 00025, 00025, 00030, 000800,00050,00050, 00025, 00050, 00025, 000
200, 00030, 00025, 000
200, 00040, 00030, 000
200, 000200, 000
___ doJuly 21,1932July 22,1932July 27,1932
dodo
July 28,1932Julv 30, 1932Aug. 1,1932
dodo
Aug. 8,1932._ doAug. 9,1932
doAug. 10,1932
doAug. 11,1932Aug. 12,1932
do
doAug. 13,1932
doAug. 15,1932Aug. 20,1932Aug. 22,1932
doAug. 24,1932Aug. 29,1932
Sept 7 1932Sept. 12,1932
doSept. 16,1932Sept. 20,1932Sept. 22,1932_ _ do
doSept. 23,1932
doSept. 24,1932... doSept. 26,1932Sept. 27,1932Oct. 1,1932Oct. 3,1932
dodo
Oct. 5,1932
24, 700
6,50048,86048,077
34, 280
49,10029,52049, 700248,080
35,72024,820
39, 700
24,700
50,00049,100(2)12, 500
50, 000
25, 000
24,46025, 000
197,11729, 70025,000
25, 000
19,980200, 000
24, 700
6,50048,86048, 077
34, 280
49,10029,52049, 700248, 080
35, 72024, 820
373,18039, 700
24,700
50, 00049,100(2)12, 500
50, 000
25, 000
24,46025, 000
197,11729, 70025,000
25, 000
19,980200, 000
82,029202,02229, 60099,98459,842411,75270, 50082,88031,140
233,51548,79682, 39635,610181,149
2,319,13548,30093, 20021,026555,000199,841
5, 353, 85019,00041,18040,13890,315106,91546,534(2)92,439
76,16837,85045,39440,250478,625146, 28331,96671,000.50,68444,009;163,93337, 50037,794292, 089;72, 53263, 574465,074459,529
137, 7181,674
669, 769208, S57326,850
425, 243588, 424221,886
795, 312155, 510283, 692197,957
2,365,834
371, 924376, 73950, 375
90, 295223,140218, 230365, 052596,47289, 066(2)535,967
705,94183, 048111,12776, 847
85, 505207, 58169,15434,768
1,180, 669309,97263, 288
143, 272152,171899, 703769, 705
n
ttef
d
2a
!
Footnotes at end of table p. 331.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
TABLE NO. 45.—National banks in charge of receivers during year ended Oct. 31, 1934, dates of organization and appointment of receivers,capital at date of organization and at date of failure, dividends paid while solvent, lawful money deposited with Treasurer of the UnitedStates to redeem circulation to Oct. 31, 1934, circulation outstanding, borrowed money, and total deposits at date of failure—Continued
CO'
to
2147214821492150215121522153215421552156215721582160216121622163216421652166216721682169217021712172217321742175217621772178
217921802181
Name and location of bank
Liberty National Bank, Dickson City, Pa _First National Bank, Lewisville, IncLFirst National Bank, Mazon, 111First National Bank, Egan, S. DakFirst National Bank, Story City, Iowa.___.First National Bank, Wyoming, Iowa i»First National Bank, Gormania, W. Va.1
First National Bank, Greensburg, Kans.First National Bank, Scappoose, Oreg_.Homer City National Bank, Homer City, PaFirst National Bank, Reynolds, GaFirst National Bank, Palestine, 111First National Bank, Springfield, OregMasontown National Bank, Masontown, Pa.1
First National Bank, Portsmouth, Va.iUnited States National Bank, Deer Lodge, M o n t . .McDowell County National Bank, Welch, W. Va.iSchmelz National Bank, Newport News, Va l
National Citizens Bank, Lake Benton, MinnFirst National Bank, Crosby, N . Dak _First National Bank, Flandreau, S. DakFirst National Bank, St. Francis, Kans _.Farmers National Bank, Gonzales, TexDiamond National Bank, Pittsburgh, PaDawson City National Bank, Dawson, GaPark National Bank, Sulphur, OklaFirst National Bank Allen OklaDuquesne National Bank, Pittsburgh, Pa__Shawnee National Bank, Shawnee, OklaFirst National Bank, McLoud, Okla.._United States National Bank & Trust Co., Keno-
sha, WisTecumseh National Bank, Tecumseh, OklaFirst National Bank, Washington, Mo.__ „First National Bank, Ocean City,N. J
Organization
Char-terno.
124595526
101867252901719438751
105571099288559615889289416528930098999071
110286696
105965854
1185783922236649690469620227851156660
123511030453886060
Date
Oct. 24,1923June 7,1900Apr. 16,1912Apr. 23,1904Jan. 15,1908Jan. 27,1872Apr. 11,1907June 5,1914Apr. 17,1917July 20,1907Dec. 1,1909July 23,1907Oct. 9,1907Nov. 19,1902Dec. 9,1908Nov. 9,1910Feb. 20,1908June 25,1917Mar. 16,1903Apr. 29,1914May 29,1901Sept. 18,1920Sept. 13,1906Mar. 22,1875Sept. 11,1902Feb. 3,1908Nov. 24,1909May 25,1875Mar. 1,1898Mar. 2,1903
Mar. 31,1923Dec. 14,1912May 12,1900Oct. 23,1901
Capital
$100,00025,00035,00025,00025,00050,00025,00025,00025,00050,00025,00025,00025,00025,000
100,00050,000
100,000200,00025,00025,00025,00025,00050,000
200,00065,00025,00025,000
200,00050,00025,000
100,00025,00025,00050,000
Totaldividendspaid dur-ing exist-ence as anationalbankingassocia-
tion
$18,00081,475
110,00047,250
166,750211,25034,00092,47513,00051,00045,62543,50035,050
229,000345,000160,500567,000282,00041,0008,500
111, 28535,000
186,5003,700,333
254, 50059,80061,750
2, 236,500720,000102, 750
134,00025, 25063,375
463,000
Failures
Capital
$100,00035,00050,00025,00075,00050,00025,00040,00025,00050,00025,00025,00025,000
100,000300,000100,000250,000400,00025,00025,00040,00025,000
100,000600,000100,00025,00025,000
500,000150,00025,000
200,00025, 00025,000
300,000
Receiverappointed
Oct. 6,1932Oct. 8,1932
doOct. 10,1932
doOct. 11,1932
doOct. 12,1932Oct. 18,1932
do _.Oct. 20,1932
do.do ._
Oct. 24,1932do -
Oct. 25,1932. do
Oct. 27,1932Oct. 28,1932Nov. 1,1932Nov. 3,1932
doNov. 4,1932Nov. 14,1932
dododo
Nov. 15,1932dodo
doNov. 18,1932
do .do.
Lawfulmoney
deposited
$24,16019,82050,00025,00074,997
9,82023,92048,92024,34012,5006,250
""I2 ,~5(J6~
24, 760
39,700
97, 240295,320100,00025,000
493,33750,0007,000
175,00025, 000
300,666
Circula-tion out-standingat date
of failure
$25,00019,82050,00025,00074,997
9,82023,92048,92024,34012,5006,250
""I2,"566"
25,000
39, 700
97, 240295,320100,000
25, 000
493, 33750, 0007,000
175,00025,000
300,666
Borrowedmoney(bills
payable,redis-
counts,etc.) atdate offailure
$125,82059,43637,62553,29581,75050,92571,634
111, 48432,36430,61043,35431,91514,500
301,327147,525284,597400,00044,59129,03683,43751, 760
120, 2181, 500, 350
294,689
2,285,84462,585
287,14219,31250,000
965,408
Totaldeposits
at date offailure
$282,243207,05474,68796,540
407,206
158,781105,379433,15273,729
198,72790,298
421,439
188,910104,870263,834228,479366,917
9,605,721162,938156, 072106,313
4, 096, 7351,935,232
95,325
895, 548275, 283672,870
1,629,885
5
dttf
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Painesville National Bank, Painesville, Ohio 1
Granville National Bank, Granville, N. Y.1
First National Bank, Rensselaer, Ind.1 9
First National Bank, Dillwyn, Va.1
Ayers National Bank, Jacksonville, 111City National Bank, Georgetown, TexFirst National Bank, Webster City, IowaBelmont National Bank, Belmont, Ohio *2
Gadsden National Bank, Gadsden, Ala. _.First National Bank, Lincoln, AlaFirst National Bank, Woodlake, CalifFirst National Bank, Ephrata, Wash ...First National Bank, Faulkton, S. DakReno National Bank, Reno, NevFirst National Bank, Winnemucca, NevEnumclaw National Bank, Enumclaw, Wash.1»_.Public National Bank & Trust Co., Houston, Tex.1
Merchants National Bank, Wadena, MinnFirst National Bank, Motley, MinnFirst National Bank, Fort Games, Ga.-_Allenwood National Bank, Allenwood, Pa.1 __.First National Bank, Chester, W. VaFirst National Bank, Marshfield, Wis_ -First National Bank, Iowa Falls, IowaMills County National Bank, Glenwood, IowaFirst National Bank, Rocksprings, TexCitizens National Bank, Glenwood Springs, Colo...First National Bank, Ortonville, MinnFirst National Bank, Hermosa Beach, CalifWinder National Bank, Winder, GaFirst National Bank, Centerline, MichFirst National Bank, Russiaville, IndPutnam National Bank, Palatka, Fla - -First National Bank, Herrin, HI— -Third National Bank, Mount Vernon, 111First National Bank, George, Iowa. . -First National Bank, Englewood, KansFirst National Bank, Monrovia, IndCitizens Security National Bank, Sisseton, S. Dak.First National Bank, Ellwood City, PaFirst National Bank, Fowler, KansFirst National Bank, Greenfield, 111First National Bank, St. Marys, KansFirst National Bank, Yale, MichFirst National Bank, Sodus, N. YFirst National Bank, Anna, 111First. National Bank, Littleton, Colo . .St. Louis National Bank, St. Louis, MoFirst National Bank, Maryville, TennJackson National Bank in Jackson, Minn
284249856651
114805763
12680187463918560
1013110309112471096184243575
1214312055491677646002
115936984457332521862
1163469576459
1220910805132405524481353035689991090976354639548189595847333745482941844497533
122161054213269
July 26,1882Jan. 30,1895Feb. 16,1903Sept. 11,1919Mar. 25,1901Apr. 6,1925Aug. 10,1871July 26,1902Jan. 25,1907Jan. 23,1912Dec. 7,1912Aug. 26,1918Feb. 19,1917Oct. 20,1906Sept. 27,1886Mar. 13,1922Nov. 7,1921May 15,1893May 13,1905Oct. 3,1901Nov. 27,1919Oct. 9,1903May 18,1891Aug. 28,1884Aug. 11,1871Feb. 27,1920Sept 9,1903Oct. 4,1902Mar. 10,1922Oct. 16,1915Aug. 28,1928June 23,1900Oct. 22,1892Apr. 11,1900Jan. 12,1901Dec. 5,1910Mar. 21,1908Apr. 25,1902Aug. 18,1902Oct. 22,1892Oct. 26,1909Nov. 28,1906July 29,1885June 8,1900Apr. 17,1909Sept. 13,1890Dec. 9,1904June 1,1922Mar. 21,1914Dec. 26,1928
200, 00050,00030, 00050, 000
200,00050,00050,00025, 000
125,00025,00025,000.25,00025,000
500,00050,00050,000
300,00050,00025,00030,00025,00050,00050,00050,00065,00035,00025,00025,00050,000
100,00050,00025,00050,00025,00050,00025,00025,00025,00050,000
100,00025,00055,00050,00035,00030,00050,00025,000
200.00050,00040,000
504, 500158, 750202,800
978,0007,000
517, 71535,875151,87516, 50012,000
23,0001,363,500939, 66042,000129,499349, 75069,000107,6504,00055,500285,550311,500541,1257,000
118, 50092,50019,500181,000
103,375297,000316,250521, 54224,00049,00044,400173,000341,02559,500148,500205,250107, 55099, 600299,25090, 50044,000127,1755,200
150, 00050, 000120, 00050, 000500,00050, 000100, 00025, 000125, 00025,00025,00025,00025,000700,000200,00050,000800,000100,00025,00050,00025, 00050,000150,00050,00065,00035,00050,00050,00050,000100,00050,00025,000100,00050,000150,00025,00025,00030,00050,000125,00025,00055,00050,00040,00060,00050,00025, 000200,000100,00040,000
Nov. 21,1932dodododo
....doNov. 30,1932Dec. 1,1932...do....do.Dec. 2,1932. do
Dec. 8,1932Dec. 9,1932Dec. 10,1932Dec. 12,1932Dec. 13,1932Dec. 16,1932
doDec. 19,1932Dec. 22,1932
dodo -
Dec. 27,1932do. -
Dec. 28,1932Dec. 29,1932
dodo -
Dec. 30,1932...do
do -Dec. 31,1932
doJan. 3,1933Jan. 4,1933
do . _Jan. 5,1933
doJan. 10,1933
do.. do
Jan. 12,1933_ dodo
. dodo
Jan. 13,1933do
Jan. 16,1933
492,740
100,000
67, 50024, 7607,000
665,00082,000
49,76024,700
4,90050,000147,18049,58041,250
25,00049,64096, 580
22, 69549,46049,695100,00024,640
24,76039,760100,00024,64015,00050,00040,00060, 00048,80025,00096, 52096, 520
492,740
100,000
102, 75024, 7607,000
665,00082,000
49, 76024,700
15,22050,000147,18049,58041,250
25,00049,64096,580
25,00049,46049, 695100,00024,640
24, 76039,760100,00024,64015,00050,00040,00060, 00048,80025,00096, 52096, 520
191,000172,602
26,156742,14649,08891,61327, 038199, 99939,68310,00035,84367,942
3,261,216204,61050,000
3,051,01393, 20124,50354,04617,89486,184260,49514,05080,73442,28695,00069,19038,33098, 66610,00021,469291,068
106,06843,43957,87710, 52589,577447,84941,59521,50067,63931,951273,150122, 48131,482473,029146,80064, 239
5,090,45887,167489, 542
737, 62915,49292, 59383,934137, 536
4,020,5371,592,412
3,265509,05176,41141,728
282,3021,041,644278,645277, 21936,726411, 533545,910222,417220,005230,63485,834
1,062,7001,164, 6062,317,165148,58339,404105,924198,280864,02979,143455,666169,323304,892589,428645, 518325,113
1, 265,769573, 249205, 704
B
Footnotes at end of table, p. 331.
oo
Io
0000
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
TABLE NO. 45.—National banks in charge of receivers during year ended Oct. 31, 1934, dates of organization and appointment of receivers,capital at date of organization and at date of failure, dividends paid while solvent, lawful money deposited with Treasurer of the UnitedStates to redeem circulation to Oct. 31, 1934, circulation outstanding, borrowed money, and total deposits at date of failure—Continued
Name and location of bank
Organization
Char-terno.
Date Capital
Totaldividendspaid dur-ing exist-ence as anationalbankingassocia-
tion
Failures
Capital Receiverappointed
Lawfulmoney
deposited
Circula-tion out-standingat date
of failure
Borrowedmoney(bills
payable,redis-
counts,etc.) atdate offailure
Totaldepositsat date of
failure
First National Bank in Mamaroneck, N. YLiberty National Bank, Marine City, MichFirst National Bank, Algonac, MichArlington National Bank, Arlington, OregFirst National Bank, Wheaton, 111Snell National Bank, Winter Haven, Fla.1Twelfth Street National Bank, St. Louis, MoFarmers National Bank, Taylorville, 111East Tennessee National Bank, Knoxville, TennAFirst National Bank, Madison, NebrFirst National Bank, Buffalo Center, IowaSecurity National Bank, Alexandria, S. Dak.iCalifornia National Bank, Sacramento, CalifFirst National Bank, Wellington, ColoCommercial National Bank, Columbus, NebrFirst National Bank, Morristown, TennFirst National Bank, Statesville, N. CChelsea—Second National Bank & Trust Co.,
Atlantic City, N. JNational Exchange Bank, Waukesha, Wis.1First National Bank, Manilla, IowaFirst National Bank, Craig, NebrAtlantic City National Bank, Atlantic City, N. J__First National Bank, Steelville, MoCity National Bank, Oshkosh, WisFirst National Bank, Roodhouse, 111First National Bank, Leigh, NebrFirst National Bank, Ballston Spa, N. Y.iLincoln Park National Bank, Lincoln Park, Mich_First National Bank, Heppner, OregFarmers & Stock Growers National Bank, Hepp-
ner, OregPleasantville National Bank, Pleasantville, N. J___First National Bank, Ridgway, 111
13592112601294439189368103791249154102049377351541018785047793518034323682
26475873959125278914934786379831954
129993774
11007125109439
Jan.Oct.Feb.JuneMar.Apr.Jan.MayAug.Aug.Oct.Apr.Dec.JuneJan.Jan.Feb.
MayFeb.JuneOct.Mar.JulyJan.Mar.Oct.Mar.JulyJuly
15,19327,191824.192628,18886,190922,191312,192418.190023,18721,1887
20.189813,191218.19063,190517.18994.18868.1887
20.190114,188214,190125.190924,188131.19079,190927,190712.19106,18653,192626,1887
Apr. 28,1917Feb. 20,1924May 7,1909
$150,00050,00030, COO50, 00025,00030, 000300, 000100,000100, 00050,00050,00030, 000
1, 000, 00025, 00050, 00050, 00050, 000
100, 00050,00025,00025,00050, 00025,000200. 00050,00050, 000100, 000100,00050,000
50,000100, 00025,000
$73,0005,700
102, 350129,000252,100
221,0002. 834,000320, 000138,00027, 000
2. 982, 77128,850214, 000477, 500309, 732
691, 000450, 84251, 25066, 750
1, 503, 86071, 500
602, 40090, 750184,000480, 500
$250, 00050, 00030,00025, 00050,000200,000300, 000
Jan. 16,1933Jan. 17,1933
.do.Jan. 19,1933
do.do.
$49.70034,10019,280
$49, 70034,10019, 280
24,700 24,700
239,404
12, 50014,00026, 750
100,0002,000,000
100, 00050,00030, 000
2, 000, 00025, 00050,000
100, 000100, 000
600, 000200, 00025,00025,000
300,00025,000
300,00050,00050,000
100,000100,000100,000
50,000100,00025,000
dodo
Jan. 20,1933dodo.
Jan. 21,1933do.
292,440100.000
(2)63,98049,997
292,440100, 000
(2)63,98049,997
Jan. 24,1933do
Jan. 25,1933Jan. 27,1933
dodo
Jan. 30,1933do
1,701,58025,00049,64075,000100,000
300,000
1, 701, 58025,00049,64075,000100, 000
300,000
$1,410,85697,38863,08529,262114,042136,445351,160106, 695
207,68820, 24336, 309
dodo
Jan. 31,1933Feb. 1,1933Feb. 2,1933
dododo
25,00024,700296,1006,250
200,00050,00037,200
25,00024,700296,1006,250
200,00050,00037, 200
2,119,97719, 21967, 571262, 262168,800
4, 575, 657203,49926,64261, 755
3,662.25841,000110,000
100,00025,000
100,00025. 000
Feb. 4,1933do—
100,00025,000
100,00025,000
82, 52985,83987,09660, 774
25,641122,66910, 500
$1,944, 442423, 629205,70991,820452,759
853,9661,288,085(2)355, 23871,163
11, 258, 78158, 111368,128
1,028, 225421, 555
5, 439, 556
156, 79294,349
7, 674,055209,308
2, 679,849266,088236, 786
279, 652305,040
87,997288,89173,144
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
First National Bank, Secor, 111Citizens & Security National Bank, St. James,
MinnNokomis National Bank, Nokomis, 111First National Bank, North Bend, NebrFirst National Bank, Lumberton, Miss.First National Bank, Hunts ville, Tenn. _.Citizens National Bank, Irwin, Pa.1Union National Bank, Fremont, NebrAshland National Bank, Ashland, WisNorthern National Bank, Ashland, WisBozeman Waters National Bank, Poseyville, Ind.i-First National Bank, Pitsburg, Ohio 1First National Bank, Sioux Rapids, Iowa 19
Sunrise National Bank & Trust Co., Baldwin,N. Y.
First National Bank, Oceanside, CalifFirst National Bank, Carlsbad, CalifFirst National Bank, LeSueur, MinnCitizens National Bank, New Brunswick, N. JMcDaniel National Bank, Springfield, Mo.'Fort Collins National Bank, Fort Collins, ColoFirst National Bank, Avon-by-the-Sea, N. J.1Commercial National Bank, Washington, D. CMarlin-Citizens National Bank, Marlin, Tex.2Smith National Bank, St. Edward, NebrFirst National Bank, Rockport, IndLiberty National Bank, Pawhuska, Okla.iNational Exchange Bank, Chester, S. C.sFirst National Bank, The Dalles, OregFirst National Bank, Hampstead, Md.5Continental National Bank, Indianapolis, Ind.i...Broad Street National Bank, Red Bank, N. J.7Cherokee National Bank, St. Louis, Mo.7American National Bank, Rushville, Ind.6Central National Bank, Oakland, Calif.7Guardian National Bank of Commerce, Detroit,
Mich.7First National Bank, Detroit, Mich.7First National Bank, Kitzmillerville, Md.7First National Bank, Massillon, Ohio 7
Citizens National Bank, Greeneville, Tenn.7First National Bank, Silverton, Tex.7Citizens National Bank, Frostburg, Md.7Citizens National Bank, Appleton, Wis.iCitizens National Bank, Richmond, Ky.sBritton & Koontz National Bank, Natchez, Miss.7.National Loan & Exchange Bank, Columbia,
S. C.7
Footnotes at end of table, p. 331.
6007 Oct. 21,1901
702119343059561310192525531883196360781499563958513062
1304971991246810074550312422744656065793619411314847134419755953711553126431242095028703
105278302216
134828816492649377653
125376871
Sept.JuneSept.Sept.MayJan.MayMayNov.Mar.Sept.Oct.Apr.
Dec.Mar.Mar.Aug.Aug.JuneJulyOct.Sept.Apr.Apr.Feb.Dec.Dec.Apr.JulyNov.Feb.JulyAug.Apr.
Apr.JuneJan.JulyJuneMayJuneFeb.Apr.July
24.19039,18728.188325,19004,191216. 190012.18843.188420,188615.190621,190923.19095,1927
21.19055,19279.19047,192311,191111.190023,192318.190428.190023.19013.19025,19194,190628.188513.191020,190919,19199,192528.19234,190924.1907
22,191425.19068,186411,193013.190724,18931,18938.190530.19244.1903
25,000
25,00050, 00050,00025,00025, 00050,00060, 00050,000100, 00050,00025,00050,00075,000
25,00025,00025,000250,000100,00050,00025,000300,00050.00025,00035,000100,000100,00050,00025,000400,000100,000200, 000100,000
1,000,000750,000
5,000,00025,000175,00075,00030,00050,000150,000100,000100,000500,000
50,250 25.000 Feb. 6,1933
140,900480,925171, 500207,00011, 250
323, 500422,420406, 500651,000106, 50011, 37554, 500
50, 50020,000325,000146,500
1,996, 250176, 50062, 65254,77556.000185,000508, 50062,000402,000130, 50029,00049.000
2.027. 7506, 032, 500
15, 664, 70825,250
1,514,5006.00058,184180,500573, 250182,00030,000895,030
80,00075,00050,00050,00025, 000100, 000150,000100, 000100, 00050,00025,00050,000100,000
100,00025,00025.000250,000300,000100,00050,000
1,000,000200,00050,00035,000100,000100,000200,00050,000400,000150,000200,000100,000
1,200.00010,000,000
25,000,00025,000300,00075,00030,00050,000250,000100,000100,000500,000
doFeb. 9,1933
do.—_do
doFeb. 10,1933Feb. 13,1933
do..do.dododo
Feb. 14,1933
Feb. 15,do..do.
1933
Feb. 16,Feb. 17,Feb. 23,Feb. 27,Feb. 28,Mar. 1,Mar. 3,
do.
1933193319331933193319331933
Mi ir. 8,Mar. 9,M IT. 10
do
193319331933
Apr. 8,Apr. 15,Apr. 22,Apr. 25,May 8,May 11
193319331933193319331933
MayMayJuneJuneJuneJuneJuneJulyJuly
19,193323,19333,19335,19338,193323,193326,19331,19335.1933
25,000
50,00075,00049,40049.1006,250
149,28099,40099,100
6,320
100,000
~984,~466"
25,00035,000
100,00091,66044,040
24,8201,149,9004,844, 240
9,351,06023,430281,46075,0007.260
49, 580
67,380100,000390,000
25,000
50,00075,00049,40049,1006,250
149, 28099,40099,100
6,320
100,000
984,466
25,00035,000
100,00091,66044,040
24,8201,149,9004,844,240
9, 351,06023.430281,46075,0007,26049,580
67.380100,000390,000
48, 451
119.986156,65827, 20797,0896,759
102, 20085,648205,879198, 48367, 70521,00051,196235,683
141,63410, 64568,208671, 691981,50029,16586,000
2,198,968(2)84,90877,10012,862194,033637,81070,498110,000615,482491,147110, 7155,6925,146
16,250,0009,689
575,063651,237103,232231,546
61,129451,913837, 585
99,154
298,421674,399145,369305, 25364,950
525, 2641, 515,954998,004
299,645
427,36189, 557284,451931,445
208, 579
10,147,360(2)244,166175,9589,009
464,6971,507,174769,103
1,839,8911,119,733468,374
19.807,968113,966,273
398, 763,166204,918
2.391,485651,31187, 518
1,137.021250,000522,928
1,516,0782, 282,965
3S
o
o
o
00I—I
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
TABLE NO. 45.—National banks in charge of receivers during year ended Oct. 31, 1934, dates of organization and appointment of receivers,capital at date of organization and at date of failure, dividends^ paid while solvent, lawful money deposited with Treasurer of the UnitedStates to redeem circulation to Oct. 31, 1934, circulation outstanding, borrowed money, and total deposits at date of failure—Continued
CO
Name and location of bank
Organization
Char-terno.
Date Capital
Totaldividendspaid dur-ing exist-ence as anationalbankingassocia-
tion
Failures
Capital Receiverappointed
Lawfulmoney
deposited
Circula-tion out-standingat date
of failure
Borrowedmoney(bills
payable,redis-
counts,etc.) atdate offailure
Totaldeposits
at date offailure
First National Bank, Claxton, Ga.2 7
City National Bank, Huntington Park, Calif.7First National Trust & Savings Bank, Chico, Calif.7First National Bank, Garden City, Kans.7First National Bank, Franklin, N. Y.7_Pelham National Bank, Pelham, N. Y.7Douglaston National Bank, New York, N. Y.7First National Bank in Lott, Tex.7First National Bank, Augusta, Kans.7First National Bank, Kingfisher, Okla.8Farmers National Bank, Henderson, Iowa 7 .-First National Bank, Farnhamville, Iowa 7
First National Bank, Ripley, Tenn.18_ -First National Bank, Rialto, Cali.7Athol National Bank, Athol, Mass.7First National Bank, Everly, Iowa 7
Brasher Falls National Bank, Brasher Falls, N. Y.7-Millers River National Bank, Athol, Mass.7Mount Holly National Bank, Mount Holly, N. J.7.Larchmont National Bank & Trust Co., Larch-
mont, N. Y.7Central National Bank, Spartanburg, S. C.7 ._Peoples National Bank, Delta, Pa.7First National Bank, Burnside, Ky.7First National Bank, Jefferson City, Mo.iAnsted National Bank, Ansted, W. Va.7First National Bank, Ansonia, Ohio 7— -Millersville National Bank, Millersville, Pa.7Citizens National Bank, Mulberry, Ind.7First National Bank, Hoopeston, 111.7.First National Bank, Albany, Oreg.7First National Bank, Clintonville, Wis.7First National Bank, Mebane, N. C.7.First National Bank, Oakley, Kans.7Rockland National Bank, Rockland, Maine7
103331298887983448282
1195113115136476643532873821190710449876821727828109437081356
601949965198
8904919492591023428082928627311697100411446
Feb.Aug.JulyNov.Dec.Mar.JuneNov.Feb.Apr.Mar.Dec.Sept.JulyMar.JuneOct.Dec.June
Oct.Apr.MayAug.Mar.Sept.JuneApr.Apr.Sept.Apr.MayApr.MayJune
10,19136,19268,190716,188524.186318,192121,192717,19329,190325.19007,19046,19206,19133,19066,187417,190516,191615.18641,1865
28.190117,189516,189910,190716,187111.190716.190810,190826,191226,18824,188319.190214,192025,191124.1865
$25,000100,00050,00050,00063,00050,000100,00025,00025,00025,00025,00040,00025,00025,000100,00025,00025,000150,000100,000
50,000100,00050,00025,00075,00035,00025,00025,00050,00050,00050,00025,00050,00040,000150,000
$36, 25013,000168,500224,500313,04157,000
120,50082,00063,50055,60048,500128,000229,00079,50025,250
1,080,750571,000
151,000943,000101,50055,500595,41568,13619,75014,00048,000505, 314608,400190,22015,00095, 700
1,156,500
$50,000125,000150,00050,00050,000200,000100,00025,00075,00025,00025,00040,00025,00075,000100,00025,00025,000150,000100,000
200,000400,00050,00025,000200,00035,00025,00025,00050,000100,000125,000100,00050,00040,000150,000
July 11,1933July 13,1933July 18,1933July 21,1933
do— .do
$150,00012,50050,000
— _doJuly 25,1933July 27,1933-—doJuly 28,1933
dodo
Aug. 2,1933Aug. 3,1933
dodo-
Aug. 4,1933do
Aug. 5,1933Aug. 8,1933
do.. . - d oAug. 10,1933Aug. 15,1933
do- — d o
do.
75,00024,52025,00040,0004,26050,00099,20025,00024,220150,000100,000
200,000385,560(2)25,000
—doAug. 16,1933
do.do
Aug. 18,1933do._
34,40025,00025,00049,40065,000100,000100,00024, 55010,000149,100
$150,00012,50050,000
395
75,00024,52025,00040,0004,26050,00099,20025,00024,220150,000100,000
200,000385,560(2)25,000
34,40025,00025,00049,40065,000100,000100,00024,55010,000149,100
()$142,482260,662145,835174f 654
1,261,41184,87348,241146,334
36,60264,580
271,507267,05318,937156,563221,421239,346
1,066,4941,228,806(2)10,063128,71853,89118,23871,22911,946161,364209,945194,09275,86055,96331,896
$635,9612, 252,104425,693365, 282
1, 274,413196,11470,846522,520232,48259,173109,010
400,0641,383,568215,390187,183
1,151,757279,282
1,509,5862,383,566(2)87,626
200,97862,568442,080174,650586,550569,447
1,369,69681,124117,229
4,373,399
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Trinidad National Bank, Trinidad, Colo.7Montezuma Valley National Bank, Cortez, Colo.7_First National Bank, Gig Harbor, Wash.7
South Side National Bank, St. Louis, Mo.7
First National Bank, Eutaw, Ala.7. _ . .First National Bank, Verona, Pa.7
Citizens National Bank, Monticello, Ky.7
First National Bank, Dunkirk, Ohio 7
Peoples National Bank, Seymour, Mo.7
First National Bank, Ellis, Kans.7
First National Bank, Oberlin, La . 7 . . .First National Bank, Fairmont, N. C.7Maple Shade National Bank, Maple Shade, N. J.7_Union and Peoples National Bank, Jackson, Mich.7
First National Bank, Haverhill, Mass.7
Essex National Bank, Haverhill, Mass.7.First National Bank, Lebanon, Ind.7
First National Bank, Louisa, Va.7 ._First National Bank, Lorimor, Iowa 7.First National Bank, Clearfield, Iowa 7
National Bank of Commerce, Amarillo, Tex.1
Prairie Depot National Bank, Freeport, Ohio 1Cedar Grove National Bank, Cedar Grove, Ind.7 . .First National Bank, Peru, Ind.7_First National Bank, Clay Center, Kans.7
Merchants National Bank, Clinton, Iowa 1First National Bank & Trust Co., Baraboo, Wis.7.First National Bank, Stockport, Ohio2 7 _.First National Bank, Waynoka, Okla.7
First National Bank, Thief River Falls, Minn. 7 . . .First National Bank, Utica, Nebr. «7
First National Bank, Adams, Nebr.7
First National Bank, Carnegie, Okla. 27
First National Bank, La Veta, Colo.2 7
First National Bank, Hicksville, Ohio 7
First National Bank, Elmore, Ohio 7
Exchange National Bank, Marietta, Pa. 27First National Bank, Kansas, Ohio 7
First National Bank at Pontiac, Mich.7
First National Bank, Hart, Mich.7
Tri-County National Bank, Oliver Springs, Tenn.7.Midway National Bank, Midway, Pa.7
First National Bank, Fleming, Ky.7
First National Bank, Newfield, N. J.2 7
First National Bank, Midland Park, N. J.7
First National Bank, Hatton, N. Dak*.. .First National Bank, Oakland, Nebr.7
First National Bank, Newell, Iowa 7
Kosse National Bank, Kosse, Tex.7
City National Bank and Trust Co., Niles, Mich.7.Footnotes at end of table, p. 331.
34509100
130571326439314877641966289932
109871132412009124281533481589
2057109681224895496865
1121611424
36330723736360980429709589488119223
117631253148676770
1070711598136006727
119986626
11988121451260367434610
101911327913307
Jan. 23,1886Feb. 26,1908Jan. 26,1927Dec. 5,1928Oct. 5,1888Feb. 24,1893Sept. 2,1902Feb. 9,1903Jan. 19,1911Apr. 17,1917Mar. 11,1919Aug. 19,1921June 27,1923June 28,1865June 23,1864Nov. 7,1864Aug. 30,1872Mar. 24,1917Aug. 7,1922Aug. 19,1909June 26,1903July 17,1918July 29,1919Jan. 1,1864Nov. 1,1883June 7,1887Dec. 8,1886Dec. 18,1905Mar. 7,1910June 29,1901July 6,1907Aug. 14,1908June 16,1920Mar. 8,1924Feb. 14,1893Apr. 2,1903Feb. 16,1915Sept. 11,1919Feb. 26,1932Apr. 14,1903June 22,1921Feb. 7,1903June 16,1921Feb. 18,1922Oct. 6,1924Apr. 1,1903June 11,1891Apr. 23,1912Jan. 29,1929Mar. 21,1929
50,00030,00025,000200,00050,00050,00025,00025,00030,00050,00025,00040,00050,000100,000200,000100,000100,00050,00035,00025,00075,00025,00025,00075,00050,000100,00050,00025,00025,00025,00030,00025,00030,00025,00050,00025,00050,00025,000500,00030,00025,00050,00025,00025,00025,00025, 00050,00025,00025,000150, 000
376,000108,6001,125
315,000407,500493,50086,00030,00019,0505,00023,50020,4001,000
1,306,7631,321, 500495,000555,51541,5219,80069, 250
4,2506,750
1,699, 750235,625234,000243,88448, 37531,500101,50090,150100, 00020, 2505,750
132,10943,449181, 5005,500
98, 74720, 25054,00058,000
6,00059,000204,00035,000
36, 750
100,00030,00025,000
600,000100,000200,000
25,00050,00025,00050,00025,00040,00050,000
700,000200,000100,000100,000
75,00035,00025,000
150,00025,00025,000
100, 00050,000
100,000150,000
25, 00025,00050,00030,00050,00030,00025,00050,00037, 50050,00025,000
500,00075,00025,00050,00025,00050, 00050,00025,00050,00025,00025,000
150, 000
dododo
Aug. 19,1933Aug. 23,1933
do -- .do
.__ dodododododo
Aug. 24,1933Aug. 29,1933
dodo
Aug. 30,1933Sept. 5,1933
dododo
Sept. 6,1933do
. doSept. 9,1933Sept. 11,1933
doSept. 12,1933
dodododo... ..do
Sept. 13,1933dododo..do
Sept. 14,1933do
Sept. 15,1933do_.dodo
Sept. 16,1933Sept. 18,1933. dododo
30,00024,460197, 50099,99550,00025,00050,00023,000
700,000199,997100,000100,000
35,0006,250
100,00050,000
150,000
6,50050,000
10,000
49,64010,000
25,000500, 00075,00010,00050, 00025,000
50,00025, 000
150, 666
30,00024,460197, 50099,99550,00025,00050,00023,000
700,000199,997100,000100,0002,09535,0006,250
100,00050,000
150,000
6,50050,000
10,000
49, 64010,000
25,000500,00075,00010,00050,00025,000
50,00025, 000
156,666
164,91551,46917,401168,675341,987
35564,82045,42146,9419,093
162,64676,020
1,329,0048,5136,824
127,65932,04136,85730,918
26, 2214,748
363,408131,937105,26982,354
38, 22880,324
55, 677
64, 73520, 562
8,86433,90081, 69816, 76814,10041,374
72,29517,94564,00091,3652,863
232, 780
186,777110,618
5,476,286215,885
1,750,670154,917195,14795,993119,068151,99339,433119,480
8,211,6051,923,4342, 375,863539,425640,872255, 690103,600
96,0081,099,298449,877
922,390
106,019727,559
142,416
(2)178,936369, 729
44,8867, 227,894331, 57858, 555254,91794, 298
350, 035
164,078127,68523,118
1, 228,306
OO
o
3o1
CO
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
TABLE NO. 45.—National banks in charge of receivers during year ended Oct. 31, 1934, dates of organization and appointment of receivers,capital at date of organization and at date of failure, dividends paid while solvent, lawful money deposited with Treasurer of the UnitedStates to redeem circulation to Oct. 31, 1934, circulation outstanding, borrowed money, and total deposits at date of failure—Continued
CO
00
23932394239523962397
?398239924002401240224032404240524062407240824092410241124122413241424152416
2417
24182419242024212422*4?32424
Name and location of bank
First National Bank, Dardanelle, Ark.7
First National Bank, Trenton, N . Y.7
Rubey National Bank, Golden, Colo.7
Westside National Bank, West Paterson, N . J.7..._Grand Rapids National Bank, Grand Rapids,
Mich.7
First National Bank, Bruin, Pa.7
First National Bank, New Matamoras , Ohio 7
First National Bank, Beallsville, Ohio 7
First National Bank, Nappanee, Ind.7
Olney National Bank, Hartford, Mich.7
First National Bank, Crescent City, 111.7
First National Bank, Carrier Mills, 111.7
First National Bank, Sidell, 111.7
First National Bank, Odin, 111.7First National Bank, Ironton, Minn.7
First National Bank, Beason, 111.7 _ _First National Bank, Glenvil, Nebr.7First National Bank, La Harpe, Kans.7 . _ .Newman National Bank, Newman, 111.7—.Citizens National Bank, Brazil, Ind.7 .-Peoples-American National Bank, Princeton, Ind.7-First National Bank, Meadow, Tex.7Central Park National Bank, Central Park, N. Y.7.First National Bank and Trust Co., Cambridge
City, Ind 7
First National Bank of Marshall County at Ply-mouth, Ind.7
First National Bank, Montpelier, Ind.7 .First National Bank, Boswell, Ind.7First National Bank, Clinton, Ind.7Rosedale National Bank, Rosedale, Ind.7First National Bank, Cayuga, Ind.7Whiteland National Bank, Whiteland, Ind.7First National Bank, Wakarusa, Ind.7
Organization
Char-terno.
11276112386497
128483293
891959997025878598546598801583749525
103821057213433722675758620
105511292812951
70
2119527854766480900691899492
11043
Date
Nov. 26,1918Aug. 30,1918Oct. 28,1902July 17,1925Jan. 2,1885
Oct. 15,1907Oct. 7,1901Sept. 3,1903June 27,1907July 20,1910Nov. 8,1902Nov. 11,1905July 23,1906Aug. 3,1909Mar. 31,1913M a y 23,1914Feb. 17,1930Apr. 11,1904Jan. 12,1905Mar. 4,1907M a y 5,1914Feb. 8,1926June 25,1926
M a y 11,1882
June 19,1873Mar. 20,1900June 11,1900Sept. 25,1902Jan. 4,1908June 29,1908Apr. 14,1909July 14,1917
Capital
$25,00025,00050,00075,000
500,000
25,00025,00025,00040,00025,00025,00025,00025,00025,00025,00025,00030,00025,00050,000
100,000125,00025,00050,000
100,000
50,00050,00025,00030,00025,00025,00025,00025,000
Totaldividendspaid dur-ing exist-ence as anationalbankingassocia-
tion
$17, 7503,750
214,000
3,405, 434
28, 250102, 75042,00072,40054, 25062, 25036, 625
130, 97045,87542, 25040, 900
2,70047, 200
189,000143,000246, 250
336,000
466, 325121, 50073,00098, 40042, 250
112, 50022, 50019,750
Failures
Capital
$25,00040,00050,00075,000
1,000,000
25,00050,00025,00040,00025,00025,00025,00025,00025,00025,00040,00030,00025, 00050, 000
100,000125,00025,00050,000
50,000
130,00050.00025; 00060,00025,00025,00025,00025,000
Receiverappointed
Sept. 19,1933Sept. 20,1933Sept. 21,1933Sept. 22,1933Sept. 25,1933
Sept. 26,1933dododo
Sept. 27,1933dodododo
Sept. 29,1933do
Sept. 30,1933Oct. 2,1933
dododo
Oct. 3,1933
dododododododo
Lawfulmoney
deposited
$12,50025,000
500,000
10,00012, 50039,69525,00025,00025,00025,00019, 70025,000
24, 70050,00098, 700
100,000
25,000
49,990
129, 99750,0006, 250
30,00025,00025,000
25,000
Circula-tion out-standingat date
of failure
12,50025,000
500,000
10,00012, 50039, 69525,00025,00025,00025,00019, 70025,000
24, 70050,00098, 700
100,000
25,000
49,990
129,99750,0006, 250
30,00025,00025,000
25,000
Borrowedmoney(bills
payable,redis-
counts,etc.) atdate offailure
$125,687382,484115,138
2,456, 322
14,00320, 46511,51514,11695,00630, 57338, 26032, 31210, 72949, 56715, 51327, 89231, 99538, 37563, 598
271, 5938,568
72,889
39, 567
208, 609126, 51863, 980
325, 78318,14749, 59922, 4938,915
Totaldeposits
at date offailure
$284,360676,873215,919
12, 838,053
72, 348330,062120,344218,128380,01498,89190,137
106,11590,628
143, 72981,10588,61867,603
207, 223421,683811,45537,185
206,199
189,435
823, 656271,564137,083
1,026,470132,709115,26385,00294,153
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Lynch National Bank, Lynch, Ky.7
Cherokee National Bank, Cherokee, Okla.7First National Bank in Cement, Okla.7
Madison National Bank, Tallulah, La.7
Farmers National Bank, Cherokee, Okla.2 7
First National Bank, Kanawha, Iowa 7
Merchants National Bank, Galena, 111.7First National Bank, Central City, Colo.7First National Bank, Freeport, 111.7Galena National Bank, Galena, 111.7First National Bank, Mancos, Colo.7First National Bank, Almont, Mich.7
First National Bank, Brighton, Mich.7
National Bank of Covington, Covington, Ind.2 7-_.First National Bank, Ridge Farm, 111.7First National Bank, Oxford, Ala.7
First National Bank, New Richland, Minn.7
Knoxville-Citizens National Bank & Trust Co.,Knoxville, Iowa 7 ._
Second National Bank, Bel Air, Md 7
Farmers & Merchants National Bank, Bel Air,Md.7
First National Bank, Havensville, Kans.7
Citizens National Bank, Romeo, Mich.7
Citizens National Bank, Hammond, N. Y.2 7
First National Bank, Goodhue, Minn.7
Mount Ephraim National Bank, Mount Ephraim,N. J.7
First National Bank, Somers Point, N. J.7 .__.Mechanics National Bank & Trust Co., Millville,
N. J.7
First National Bank, Plumville, Pa.7
First National Bank, Cherry Tree, Pa.7
National Bank of Newport, Newport, N. Y.7First National Bank in Avon-by-the-Sea, N. J.7__.First National Bank, Birmingham, Mich.7
First National Bank, Channing, Tex.7
First National Bank, Fosston, Minn.7
Harriman National Bank & Trust Co. of the Cityof New York, New York, N. Y7
First National Bank, Avoca, Mich.7.First National Bank, Waverly, N. Y.37
National Central Bank, Cherry Valley, N. Y.7First National Bank in Salem, Oreg.7First National Bank, Humboldt, Iowa 7
First National Bank, Lake Benton, Minn.1
First National Bank, Grantsville, Md.7
National Bank of Wyoming, 111.7First National Bank, Oak Harbor, Ohio7
Peckville National Bank, Peckville, Pa.7
126491204912335129239384901897921292875327996741279312869130825313707310642
128493933
947455062186102167603
1261812559
5208788770001655135609874109496889
99551079029711363405827745095943662966327785
Jan.Nov.Mar.Feb.Nov.Dec.Mar.Sept.Jan.Dec.Jan.MayDec.MayApr.D3C.June
21.192516,19219, 1923
19.19262,191014,19077,186515, 187311.188323.188418; 191020, 1925IS, 192527, 19273, 190014.190311,1914
Nov. 4,1925Sept. 7,1888
June 30,1909June 19,1900Aug. 19,1874June 20,1912Dec. 27,1904
Dec. 22, 1924June 12,1924
JuneAug.Sept.MayJuneSept.Jan.June
Mar.Oct.Feb.Apr.Oct.MayDec.Aug.Jan.Jan.Feb.
6,189925.19058,19038, 186529,19317, 191019, 191712,1903
2,19114,191513.186413.18658,188524.190623,18906,190114,190315,190324,1905
50, 00030, 00025, 00050,00025,00025,000
125, 00050,000
120, 000100,000
50, 00025, 00025, 00050, 00030,00025, 00025, 000
100, 00060, 000
25,00040,00050, 00025,00025, 000
25,00050, 000
100, 00030,00025, 00050, 00050, 00025,00025, 00025, 000
200, 00025,00050, 000
200, 00075, 00025,00050,00025, 00025,00025,00050,000
74, 50033, 3008,000
60, 00078, 250
661, 750366, 250
1, 215, 729473,000132, 000
1,90017, 500
115,50044. 5008,750
6,568130,105
80, 25052, 850
329, 69230, 75068, 000
4,2503,000
268, 50091, 200
232,000254, 000
207,2507,750
83,100
4, 630, 00035, 500
487, 750412, 250419,875108,550168, 06346,000
111,75091,125
240,125
50, 00030, 00025,00050,00040, 00050,000100,00025, 000
300, 000100, 00050, 00025, 00035, 00050, 00050, 00025, 00025, 000
100, 00060,000
100, 00025, 00050, 00025,00025, 000
25, 00050, 000
250, 00060,000100, 00050, 00050,000
200, 00025,00030, 000
2, 000, 00025, 000100, 00050, 000200,00050,00025,00025, 00050,00050, 000150, 000
doOct 4 1933
dodo
Oct. 5,1933Oct. 7,1933Oct. 9,1933
dododododododo
Oct. 10,1933. . . . d o .
do
doOct. 11,1933
do .do
Oct. 12,1933do
Oct. 13,1933
dodo
dodo
. . do .dodo
Oct. 14,1933do
Oct. 16,1933
doOct 24 1933
dodo _ _dodo
Oct. 25,1933d o .do .dodo _
40,000
25,00025,00025,000
200,00024,82050,00020,000
50,00025,000
100,00060,000
25,00024,70049,640
49, 550
98, 56010,00098,02049, 600
100,000
29,997
300, 000
100,00049, 997
100,00048,920
25,00050,00025,00049, 250
40,000
25,00025,00025,000
200,00024,82050,00020,000
50,00025,000
100,00060,000
25,00024,70049, 640
49,550
98, 56010,00098,02049, 600
100,000
29,997
300,000
100, 00049,997
100,00048,920
25,00050,00025,00049,250
121, 76854, 78127,300
143,159(2)51,845
3597,071
38, 74470,181
206,87318,82023, 606(2)44, 31510, 56112, 272
376,731
110,21130,32355,552(2)
114,917
38,04790,826
361, 002132,043223,499216,869176,429255,85520,16440,730
6, 766,10367,92416,000
117,267210,639206,731
25,9027,332
87,46737,678
254,449
151,604244, 26386,156158, 294(2)102,397405,790223, 540
2,462,0952,167,633228, 502166, 910142, 636(2)36, 623104,199124, 111
1,163,5451,004, 256
402,07730,178525,762(2)352,312
144,953203,091
626,472272,566850, 604202,972179,024
2,346,90572,666500,122
18,382,675237,075886,020844,498
1,420,988724,744
32l,~755250,425722,609
1,371,986
Footnotes at end of table, p. 331.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
TABLE NO. 45.—National banks in charge of receivers during year ended Oct. 31, 193'4, dates of organization and appointment of receivers,capital at date of organization and at date of failure, dividends paid while solvent, lawful money deposited with Treasurer of the UnitedStates to redeem circulation to Oct. 31, 1934, circulation outstanding, borrowed money, and total deposits at date of failure—Continued
COtoo
247024712472247324742475247624772478247924802481248224832484
2485248624872488
24892490249124922493249424952496249724982499250025012502
j
Name and location of bank
Millington National Bank, Millington, Mich.7First National Bank, Valier, Mont.7First National Bank, Conrad, Mont.7Farmers National Bank, Geneva, Ala.7Harveysburg National Bank, Harveysburg, Ohio 7.First National Bank, Hankins, N. Y.7First National Bank, Oregon, Wis.7First National Bank, Ypsilanti, Mich.7Peoples National Bank, Monmouth, 111.7First National Bank, Shawano, Wis.7First National Bank, Dallas City, 111.7First National Bank, Woodstock, Minn.7First National Bank, Neisville, Wis.7Falls National Bank, Niagara Falls, N. Y.7First National Bank of Commerce, Tarpon Springs,
Fla.7First National Bank, Marseilles, 111.7Farmers National Bank, Cambridge, 111.2 7
First National Bank, Shullsburg, Wis.7Pleasant Unity National Bank, Pleasant Unity,
Pa. 7Earlville National Bank, Earlville, 111.7First National Bank in Braidwood, 111.7 _..First National Bank & Trust Co., Bloomington,I11.27.First National Bank, Mineral Wells, Tex.iFirst National Bank, Cresco, Iowa 7
First National Bank, Chelsea, Iowa 7
First National Bank, Graettinger, Iowa 7
First National Bank, Stanton, Iowa 7
New London National Bank, New London, Iowa 7.First National Bank, Hubbard, Iowa 7
Farmers National Bank, Kingsley, Iowa 7_.Farmers National Bank, Aledo, 111.7First National Bank, Grand River, Iowa 7
Farmers First National Bank, Rake, Iowa 7
Organization
Char-terno.
872395209759
10307116171254910620
15543135469560976259606
11489
12274185225724055
65817555
11895134995511489754125571643483528970911696499737
11735
Date
May 6,1907July 12,1909Mar. 23,1910Dee. 20,1912Jan. 31,1920Mar. 29,1924May 25,1914Nov. 25,1863May 2,1890May 19,1900Oct. 2,1900Feb. 21,1905Sept. 28,1909Oct. 16,1919
Nov. 8,1922June 27,1871Oct. 1,1881May 23,1889
Dec. 5,1902Dec. 6,1904Dec. 6,1920Oct. 29,1930July 14,1900Apr. 7,1893May 17,1900July 13,1900Apr. 23,1902Aug. 22,1906Dec. 3,1907Apr. 6,1908Jan. 5,1910Mar. 10,1910May 12,1920
Capital
$25,00025,00025,00050,00025,00025, 00025,00050, 00075,00050,00025,00025,00050,000
100,000
50,00050,00050,00050, 000
25,00050,00025, 000
300,00025,00050,00025,00025,00025, 00025,00025,00025,00065,00025,00025,000
Totaldividendspaid dur-ing exist-ence as anationalbankingassocia-
tion
$33,50034,25055,50054,5008,750
23,000712, 250276,000193,000119,00041, 50084,00037,000
4,500274,875187, 250163,500
61,62568, 50047, 50024,000
133, 550185, 37553, 55061,053
106, 50018, 750
105, 65030, 50072,15032, 750
Failures
Capital
$25,00025,00075,00050,00025,00025,00025, 000
150,00075,000
100,00075,00025,00050,000
100,000
75,00075,00050,00050,000
25,00050,00025,000
300,00060, 00050,00040,00025,00025, 00025,00050,00025,00065,00025,00025,000
Receiverappointed
Oct. 25,1933dodo
. . . . do. . . d o
dodo
Oct. 26,1933dodododo _.dodo
doOct. 27,1933
dodo
. . . dodododo .do
Oct. 30,1933do .do .dodododododo . ,
I do
Lawfulmoney
deposited
$6,2506,500
75,00012,500
12, 500150,00049,997
100,00075,00025,00049,99725,000
49,580
24,700
50,00025,01011,76025,00019,82037,02025,00044,99725,00016,000
Circula-tion out-standingat date
of failure
$6,2506,500
75,00012,500
12, 500150,00049,997
100,00075,00025,00049,99725,000
49,580
24,700
50,00025,01011,76025,00019,82037,02025,00044,99725,00016,000
Borrowedmoney(bills
payable,redis-
counts,etc.) atdate offailure
$37,644114,807107,020105,39418,45046,911
116158,998123, 668253, 73252, 29545, 950
144, 217227,083
102, 202200,415
37,877
18,46046,48175,278
66,57077,00930,79053, 75135,81441,807
107, 24025, 728
228, 71822,15450,827
Totaldepositsat date of
failure
$82,10772,103
204,925140,75354,644
188, 744150, 239
2,300, 280454, 553
1,085,45392,53355,903
264,0571,127,066
122, 202405, 683
397,671
248,228169,332157,051
285, 507115,79892,944
339,69092,802
174,929106,128384,528
65,92780,036
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
National Bank of West, Tex.* 6First National Bank, Le Mars, Iowa 2 7
First National Bank, Marathon, Iowa 7
First National Bank, Rock Valley, Iowa 7
First National Bank, Dunkerton, Iowa 7
First National Bank, Little Rock, Iowa 7
First National Bank, St. Angsar, Iowa 7
First National Bank, Whiting, Iowa 7 _.First National Bank, Ashton, Iowa 7 . .First National Bank, Port Norris, N. J . 7 -First National Bank, Aurora, Colo.7Federal-American National Bank & Trust Co.,
Washington, D. C.7
Commercial National Bank, Wilmington, 111.7First National Bank, Grayville, 111.7First National Bank, Steward, 111.7First National Bank, Compton, 1117
First National Bank, Ransom, 111.7Central City National Bank, Central City, Nebr.7.First National Bank, Sheridan, 111.7Farmers National Bank, Dahlgren, 111.7Farmers National Bank, Viola, 111.7Old-First National Bank & Trust Co., Fort Wayne,
Ind.7First National Bank, Lindsay, Calif. 1First National Bank, Jewell Junction, Iowa 7
First National Bank, Exira, Iowa7
First National Bank, New Berlin, Pa.7—Citizens National Bank, Dickson, Tenn.7. __.First National Bank, Hawkeye, Iowa 7
First National Bank, Goldsboro, Pa . 7 -First National Bank, Mansfield, Ark.7 _.Webster National Bank, Webster, Mass.7
First National Bank in Derry, Pa.7
Lehigh National Bank, Philadelphia, Pa.7
First National Bank, Portland, Maine 7__ _.Peoples-Ticonic National Bank,Waterville, MaineHamilton County National Bank, Cleves, Ohio 7_..Springvale National Bank, Springvale, Maine 7~--District National Bank, Washington, D. C.7Security National Bank, Jackson, Tenn.7
First National Bank, Richmond. Mich.7_Uniontown National Bank & Trust Co., Union-
town, Pa.iChattanooga National Bank, Chattanooga, Tenn.7-Presque Isle National Bank, Presque Isle, Maine 7-Coast National Bank, Fort Bragg, Calif.7Brandon National Bank, Brandon, Vt.7
First-Henry National Bank, Henry, 111.7 ___First National Bank, Park Rapids, Minn.7
8239272847895200672281191068410861
1003611682
103161964499965437031828983851076013451117793285
796557436870789782928900907211195112361291213341221880745678359545103341074212500
136543827962640414825542
MayMayAug.JuneApr.Jan.Dec.MayJan.Oct.Mar.
Jan.Mar.MayNov.Nov.JuneSept.JuneApr.JuneDec.
Oct.Feb.JuneJulyJuneSept.Oct.Apr.Aug.Nov.JuneJan.Jan.Oct.JuneSept.Feb.MayFeb.
18,190623,1882
1,189220,18991,1903
24,19069,19142,1916
15,192626,19105,1920
15,191315,18728,189520.19023,1903
27,190612,190622,19152,1930
22,192020,1884
20,190528,190111.190313.190514.190616.190725,190723,191815,19187.1924
17,19294,1864
28,186511.190422.19058,1909
10,191324,19154,1924
Dec. 30,1932Aug. 15,1887Sept. 30,1909Mar. 26,1864June 5,1865July 12,1900
25,00075,00050,00050, 00030,00025,00025,00025,00025,00025,00025,000
500,00050,00050,00025,00025,00025,00040,00025,00025,00040,000350,000
25,00025,00035,00025,00025,00025,00025,00025, 000100,00050,000200,000100,000100,00025,00025,000400,000100,00025,000250,000
1, 500, 00050.00050, 000100,00050,00050,000
99,500533, 500119,446180,000120,39266, 75013,50015,000
111, 25014, 750
3, 078, 979397, 500182,00088,00059,00055, 250158,00021, 750
12, 4002, 084,750
92,50033,00064, 40019,12596, 75027,50036,00019, 50090, 5006,000
4,039, 3491,025,653
94, 250163,167
1,081,500125,00085, 250
374, 50053,500
615, 500501,500215,000
50,000100,00025,00050,00040,00025,00025,00025,00025,000100,00025,000
2, 000,00050,00050,00050,00025,00025,00050,00025,00025,00040,000
1, 750, 000
75,00025,00035.00025,00050,00025,00025,00025,000100,00050,000200,000600,000300, 000100, 000100,000
1,000,000100, 00050,000250,000
1,500,000100,000100,000100,00050,00050,000
doOct. 31,1933
.do,_do._do-_do._do..do._do._do._do.
doNov. 1,1933
.do..do...do..-do-do _..dododo
Nov. 2,1933
doNov. 3,1933
do.. . . . -do
do..—do
dodo.do
—.dodo
Nov. 6,1933do.
..do-..do.._do.-do-_do._do-.
. . . . .doNov. 7,1933. . . . do -
dodo
Nov. 8,1933
12,50049,76040,00025,00024,82025,000
23,950
49,81750,00050,00050,000
6, 50019,820
1,750,000
25,0009,00019,64037,49525,00025,00024,05098,05050,000
~ 596," 700*300,000
6,250
99,99750,000
12,50050,00099,997
45,800
12, 50049,76040, 00025,00024,82025,000
23,950
49,81750,00050,00050,000
6,50019,820
1, 750,000
25,0009,00019,64037,49525,00025,00024,05098, 05050,000
'"596,-766"300, 000
6,250903, 00099,99750, 000
12,50050, 00099,997
45,800
()31,400106,95360,43838,90242, 58684,09323,625315,352102,784
4, 289,12946,05689, 20649, 21930, 55222,00011,11913, 5855, 718
40, 302* 7, 779,415
100, 22947,59563,10722,24156,50431,02615,0008,232
186.41748, 342225,321
152,10982,52971,813
1, 061,693189,64327,272
« 295,941
2,944, 618788,4615,277
31, 258178,4832,013
()74, 446167, 552315,152104, 041149,150167, 74766, 264259, 313396, 538
9, 583, 792184,030284,97378, 511144,109116,742212, 597156,136125,158185, 578
14,447,112
149, 52598,004205, 282287,888
200,996118,518
1,122,929516,893297, 072
6, 647, 2085,976,675
436, 8652,000, 0386, 077, 504526,249768,019(4)
9,883, 0452, 498,106667,946350,617637, 272388, 417
g
Footnotes at end of table, p. 331.
d
o
CO
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
TABLE NO. 45.—National banks in charge of receivers during year ended Oct. 31, 1934, dates of organization and appointment of receivers,capital at date of organization and at date of failure, dividends paid while solvent, lawful money deposited with Treasurer of the UnitedStates to redeem circulation to Oct. 31, 1934, circulation outstanding, borrowed money, and total deposits at date of failure—Continued
toto
2550255125522553255425552556255725582559256025612562256325642565256625672568256925702571257225732574257525762577257825792580
25812582
Name and location of bank
First National Bank, Huttig, Ark.7
First National Bank, Monroeton, Pa.7 _Jefferson County National Bank, Brookville, Pa.7_.First National Bank, Medford, Wis.iFirst National Bank, Joliet, 1117
First National Bank, Earlville, 111.7First National Bank, Woodruff, S. C.7
National Bank of Ellensburg, Wash.7
First National Bank, Sylvester, Tex.27 __First National Bank in Blooming Grove, Tex.7
National White River Bank, Bethel, Vt.7
Belton National Bank, Belton, Tex.7
National Bank of Fairmont, W. Va.7
Clyde National Bank, Clyde, Tex.7___ __Citizens National Bank, Llano, Tex.2 7
Richmond National Bank, New York, N . Y.7
Security National Bank, Wichita Falls, Tex.iFirst National Bank, Versailles, M0.1First National Bank, Wilsonville, 111.7
Webster National Bank, Webster, N . Y.7
First National Bank, Grand Forks, N . Dak.7
First National Bank & Trust Co., Petersburg, Va.7__Jackson National Bank, Jackson, Minn.iFirst National Bank, Montour, Iowa 7
First National Bank, Elma, Wash.7
First National Bank, Murray, Ky.7
National Black River Bank, Proctorsville, Vt.7
First National Bank, Marion, Ind.7
First National Bank, Wilkinsburg, Pa.7
First National Bank, Atwood, 111.7
First Lake County National Bank, Libertyville,111.7 _ _ _ _ _
Garrett National Bank, Oakland, Md.7
National Bank of Commerce, Adrian, Mich.7
Organization
Char-terno.
100601259723925695512
332310593110451268413555
962750994628780
1246311655117627256
12630131452570351569927469
13233107791383418947286359
651465889421
Date
July 8,1911Sept. 15,1924July 27,1878Dec. 3,1900Aug. 1,1864Mar. 3,1885July 24,1914June 2,1917Apr. 7,1925June 4,1931Mar. 14,1865Nov. 12,1904June 19,1909June 5,1907Oct. 26,1923Feb. 17,1920June 12,1920May 5,1904Jan. 14,1925Nov. 1,1927Sept. 12,1881May 18,1886Aug. 24,1903Oct. 25,1904Aug. 14,1928Aug. 3,1915May 22,1865Dec. 4,1889Apr. 2,1892July 17,1902
Nov. 1,1902Jan. 15,1903May 10,1909
Capital
$25, 00025,00050, 00025,000
100,00050,00050,00050,00035,00025,00075,00050,000
200,00025,00075,000
200,000400,00030,00025,00050,00050,000
100,00030,00025,00025,00025,00050,000
100,00050,00025,000
25,00050,000
100,000
Totaldividendspaid dur-ing exist-ence as anationalbankingassocia-
tion
$86, 3751,000
744, 50079,900
2,932, 500291, 500
75, 50021, 500
432, 625232,450
1, 227,00035,75015,000
246,941247,000
51, 20011,000
686,0001,155,000
113, 20065, 2265,000
122,000253, 750768, 681613, 500
83, 613
162,075301,250186,000
Failures
Capital
$25,00025,000
125,00050,000
1,040,00050,00050,00050,00035,00025,00050,00050,000
400,00025,00075,000
400,000200,00030,00025,00050,000
400,000700,00080,00030,00025,000
100,00050,000
350,000400,00025,000
100,000100,000100,000
Receiverappointed
Nov. 8,1933do
Nov. 9,1933do
Nov. 10,1933dodo .do
doNov. 13,1933
dodo
Nov. 14,1933dododo
Nov. 15,1933dododo
Nov. 16,1933dododo
Nov. 23,1933Dec. 5,1933
dododo
dodo
Lawfulmoney
deposited
$25, 000
50,666
56,666
50,000
25,00050,00024,640
400,0006,300
335, 480
25,00050,000
399,995692, 200
30,000
100,00025,000
350,000400,00025,000
98,44098,917
100,000
Circula-tion out-standingat date
of failure
$25,000
50,666
50,666
50,000
25,00050,00024,640
400,0006,300
335,480
25,00050,000
399,995692, 200
30,000
100,00025,000
350,000400,00025,000
98,44098,917
100,000
Borrowedmoney(bills
payable,redis-
counts,etc.) atdate offailure
$21, 2033,000
162, 622
196,88329,07581,20853,175
61,62271, 60620.000
1,070, 78631, 520
1,106,937
44,93716, 27617,022
990,9274 650, 704
35, 65776,10340, 260
4 48,983
4 1,058
Totaldeposits
at date offailure
$89,901182,009
1,470,625107,000
6,075,283203.37773,590
200,503
59,5151, 204, 762
256,2134,478, 625
85, 417
3,080,041
71,122397,243
3,684,5154 3,311,455
156,591147,382
4 903, 3734 246,408
4 1,991,6284 4,063,308
4 100, 365
4 987,8634 816,7814 617, 558
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
First National Bank, Florence, Ariz.7««*=*^^~.--.American Exchange National Bank, St. Louis,
Mo.7
National Bank of Anaconda, Mont.7
First National Bank of The Thousand Islands,Alexandria Bay, N. Y.7
First National Bank, Morrison, 111.7 -.Chilton National Bank, Ghilton, Wis.7
First National Bank, La Harpe, 111.7First National Bank, Swanville, Minn.7
Romulus National Bank, Romulus, N. Y.7
First National Bank, Ceylon, Minn.7
First National Bank, Keyser, W. Va.7
First-Kenmare National Bank, Kenmare, N. Dak.7.First National Bank, Cambridge, Minn.7
First National Bank, Rock Lake, N. Dak.7
First National Bank, Marmarth, N. Dak.7
Farmers National Bank, Hendricks, Minn.7
Farmers & First National Bank, New Castle, Ind.7.First National Bank, Holland, Minn.7
Tulpehocken National Bank & Trust Co., Phila-delphia, Pa.7
First National Bank, Tamaroa, 111.7State National Bank, Windsor, Vt.7
First National Bank, White Lake, S. Dak.7
Farmers & Merchants National Bank, Milbank,S. Dak.i
First National Bank, Gary, S. Dak.7
First National Bank, Hayti, S. Dak.7
First National Bank, White Bear Lake, Minn.7-.--First National Bank, Manistee, Mich.7
First National Bank, Del Rio, Tex.iFirst National Bank, Rochester, Mich.7
Day & Night National Bank, Pikeville, Ky.iFirst National Bank, Stone Lake, Wis.7
First National Bank, Canton, S. Dak.7
Farmers National Bank, Freeport, Pa.7
First National Bank, Canton, 111.7Canton National Bank, Canton, 111.7Millbury National Bank, Millbury, Mass.7
Union National Bank, Atlantic City, N. J.1
First National Bank, Arthur, 111.7First National Bank, Columbus, N. J.7Union National Bank, Fostoria, Ohio7
First National Bank of Douglas County at CastleRock, Colo.7
Cooperstown National Bank, Cooperstown, N. Y.7.Mountains National Bank, Tannersville, N. Y.7__.First National Bank, St. Albans, W. Va.7First National Bank, Portsmouth, Ohio7
Footnotes at end of table, p. 331.
1250612542
528410335933846810824117396029620565557428801990829457985211724
13185862977218291
939310800119872539529492181194410322283073664153593572
44205233131669192
65567305110579640
May 5,1917
Feb. 19,1924May 7,1924
Mar.Jan.JulyNov.Jan.MayOct.Mar.Dec.Sept.Nov.Mar.MayAug.May
24.190028,186531.190120,190629,19163,19204.19015.190212.19028,190423,190524.190810.190911.19104,1920
Mar. 6,1928Mar. 9,1907Mar. 25,1905June 22,1906
Apr.Mar.Nov.JuneJulyApr.JuneFeb.Jan.Nov.Aug.Apr.Nov.Oct.Aug.Oct.Jan.June
27.19071,19093,1915
14,192116,18812,19002,1908
28,192124,19133,18821,19042,1864
17,188625,186414,189031,189912,192819.1908
Dec. 12,1902Mar. 26,1904June 30,1917Dec. 29,1909Aug. 8,1863
25,000
200,000100,000
30,00050,00050,00050,00025,00025,00025,00060,00025,00030,00025,00025,00025,000100,00025,000
200, 00025, 00025,00025, 000
25,00025,00025,00025,000100,00030,00050,000100,00025,00050,00050,00050,00050,000100,000100,00050,00050,000100,000
25,00050,00025,00025,000110,000
2,000
84,00012, 500
184, 400675,476161,00070,500
29]500171,40085, 50097,40058, 50025,75019, 500197,000
61, 85081, 25039, 000
99, 25066,00021, 00011,000
467, 500391, 875169,0.008,0007,500
160, 50079, 500707,875459, 750 :558,184323,000204, 375
194,000
74, 75051, 00025,00054, 250
1, 643, 275
25,000
300,000100,000
50,000100,00050,00050,00025,00025,00025,00080,00025,00050,00025,00025,00025,000200,00025,000
200,00040,00050, 00025,000
75,00035,00025, 00025,000100,000100, 000100,000100, 00025,00050,00050,000100,000125, 00050, 000100,00050, 00050,000125,000
50,00050,00050,00025,000400,000
do
dodo .
Dec. 7,1933do
— -.do__ do
do -
Dee. 8,1933do
. do . _dodo
_. . do ... _do
-. do „„.. do
doDec. 9,1933Dec. 11,1933
do
do
dodo
Dec. 12,1933- . do
_ . do---doDec 13,1933
do_ - do .
dododo
- - doDec. 15,1933
do
Dec. 18,1933dodo.. ._do
Dec. 19,1933
49, 637
14,99549, 70049,40012, 50020,0005,000
24, 64058, 68016, 25049, 58025,00025,00024, 700199, 400
24, 347
10,000
24, 750
100,000
50,000
25, 00050, 00050,00099, 70099, 99750, 000
50,000
75, 000
12, 50050, 00025, 000
400, 666
49, 637
14,99549,70049,40012, 50020,0005,000
24, 64058, 68016, 25049, 58025, 00025,00024, 700199, 400
24, 347
10,000
24, 750
100,000
50,000
25,00050,00050,00099, 70099, 99750,000
50,000
75,000
12, 50050, 00025,00019, .000
4O0,,0Q0
(4)
* 162,4604 24,547
* 268, 771* 61,4964 65,7234 63,486* 24,0174 9, 554
4 10,652* 89,1964 67,7094 42,4234 10,5074 17,0784 91, 598294,9594 22, 5864 52, 0174 25,000(4)4 6, 253
63, 5374117, 3414 41, 7794 53,0024 47, 580422, 815
4 205, 56578, 8344 7,012
4 81,143(4)(4)(4)(4)564,117(4)(<)
4182, 266417,311'(4)
4123, 905(4)4 398, 080.
4 244, 743
* 1, 558, 0984 487, 6264 533,1324 189, 2374 256,4374 214, 5744 130, 7504 74,9714 84, 369
4 912,3494 131,1944 277,0614 29,865
4 129,475* 242.6991,064,8724 J9,484
4123, 6254 436,0144 960, 8134102, 590
4 322,1894103, 2994 281, 2754 441,898
41, 427, 8404 39, 619
4 382, 4614 581, 5094 831,1724 774, 2924 561, 6954180, 5644109, 7764 710,857
< 183,9134 515, 7194 235,8824 24.7, 4984 3,760,700
o§:
o
a
oFFT
a-
3o
to
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
TABLE NO. 45.—National banks in charge of receivers during year ended Oct. 31, 1934, dates of organization and appointment of receivers,capital at date of organization and at date of failure, dividends paid while solvent, lawful money deposited with Treasurer of the UnitedStates to redeem circulation to Oct. 31, 1934, circulation outstanding, borrowed money, and total deposits at date of failure—Continued
CO
Name and location of bank
Organization
Char-terno.
Date Capital
Totaldividendspaid dur-ing exist-ence as anationalbankingassocia-
tion
Failures
Capital Receiverappointed
Lawfulmoney
deposited
Circula-tion out-standingat date
of failure
Borrowedmoney(bills
payable,redis-
counts,etc.) atdate offailure
Totaldepositsat date of
failure
Orange National Bank, Orange, N. J.7First National Bank, Canonsburg, Pa.7 .National Citizens Bank, Charles Town. W. Vs.*...Union National Bank, New Castle, Pa.1First National Bank, New Wilmington, Pa.7National Bank of Clayville, N. Y.7First National Bank in Gallup, N. Mex.7First National Bank, Dickinson, Tex.iNational Shoe & Leather Bank, Auburn, Maine 7.First National Bank, Hull, Iowa7 ICitizens National Bank, Caldwell, Ohio7
First National Bank, Summerfield, Ohio7
First National Bank, East Orange, N. J.7Noble County National Bank in Caldwell, Ohio7.First National Bank in Gibsland, La.7Bellefontaine National Bank, Bellefontaine, Ohio IFirst National Bank, Swayzee, Ind.7.._Hastings National Bank, Hastings, Mich.7First National Bank, Paw Paw, Mich.7 _Welden National Bank, St. Albans, Vt.7First National Bank in Bessemer, Ala.7First National Bank, Hancock, Md.7___ _First National Bank. Russellton, Pa.7First National Bank, Wyandotte, Mich.7.First National Bank, Litchfield, Nebr.7...First National Bank, Lykens, Pa.7 _First National Bank, Woodsfield, Ohio7..Public National Bank, Rochester, N. H.7Exchange National Bank, Hastings, Nebr.iCommercial National Bank, Fond du Lac, Wis.7.Morris National Bank, Morris, Minn.7First NationalBank, Chattanooga, Tenn.i«Pittsfield National Bank, Pittsfield, Maine7
First National Bank, East Palestine, Ohio7
Union National Bank, Massillon, Ohio 1._ _
131745707270850395541127711900128552270695364586662123381315413169178488201745152134826961785910493126168093110625414118933086601563101606418865931318
June 13,1865Apr. 1,1881May 16,1904Dec. 31,1906Aug. 25,1909Dec. 4,1918Oct. 18,1920Nov. 13,1925May 24,1875Aug. 14,1903Sept. 9,1902Jan. 27,1903Mar. 13,1923Dec. 12,1927Jan. 16,1928Aug. 12,1870July 22,1907Nov. 25,1870May 29,1865Feb. 17,1886Aug. 25,1903July 21,1905Feb. 17,1914June 14,1924Feb. 2,1906July 24,1917May 15,1900Oct. 28,1920Nov. 21,1903Oct. 29,1901Apr. 15,1902Oct. 25,1865Oct. 15,1889Dec. 20,1902June 10,1865
$200,00050,00050,000100,00040,00025,00050,00025,000200,00035,00060,00025,000100,00060,00025,000100,00025,00050,00050,000100,000100,00030,00025,000150,00025,00050,00050,000100,000100,000125, 00025,000200, 00050,00025,000100, 000
$1,828,000573,600114, 250118, 500132, 250
12,5007,875
815,000105,000192,00058,62576,000
426, 200115,300410, 500600,740339,000513,00049, 50074,5006,00089, 25039,750106,00073,000149,000829,37530,500
4,261,250261, 50037,250763, 250
$500,000200,00050,000100,00050,00025,00050,00025,000200,00035,00060,00025,000200,00060,00025, 000100,00050,00050,00075,000100,000100,00030,00025,000150,00025,00050,00050,000150,000100,000500, 00025,000
2, 500,00050,00025,000150,000
Dec. 19,1933do
. — d o. d o . .
$100,00050,000
$100,00050,000
— d o— d o... .do..
-do..
50,000 50,000
46,200 46,200o
....doDec. 20,1933Dec. 21,1933.—do
.do..
200,00035,00060,00024,700
200,00035,00060,00024, 700
.—dodo
Dec. 26,1933.do.
60,000 60,000
Dec. 27,1933Dec. 28,1933
dodo.
.....dodo.
— d oDec. 29,1933
doJan. 2,1934
do
100,00049,99750,00024,76049,40078, 57029,70025,00050,00010,00050,000
100,000
100,00049,99750,00024,76049,40078,57029, 70025,00050,00010,00050,00048,980100,000
.....do—doJan. 3,1934
do _.—do
do
372,45025,000
372,45025,000
$1,109, 418(«)• 25,006100,000(4)• 10,985• 74, 49412,300(•)(4)()• 1, 500
* 143,800(4)
()* 205,834145,162(4)
•109,013• 21,787* 98, 221(4)()81, 605
50,00025,000
50,00025,000
()* 24, 216
6,003,349• 1,880, 706
(4)142,508
$4,151, 235•1, 851,265
•206,043
•847,172• 136,639•516, 220
• 3,047,476• 121, 572< 644, 574• 101, 737
•1,040,462•429,248
i70, 271• 789, 352• 264,821•683,812• 501,937
• 1,398,506• 914, 290
541,345• 406,197• 637,057• 146,413• 192,961• 615, 353
•1,997,1904 2,489, 642
• 142,685
• 1,880, 706• 1,181, 407
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
First National Bank, Finleyville, Pa.7Farmers National Bank, Lake Geneva, Wis.7First National Bank, Branchville, N. J.7..Palmyra National Bank, Palmyra, N. J.7Fort Fairfield National Bank, Fort Fairfield,
Maine 7.First National Bank, Crafton, Pa.7...First National Bank, Roseto, Pa.7Calais National Bank, Calais, Maine 7
Farmers National Bank, Houlton, Maine 7
Citizens National Bank, Stoughton, Wis.7_._First National Bank, Burnham, Pa.7Farmers & Wabash National Bank, Wabash, Ind.7_Montpelier National Bank, Montpelier, Ohio 7
First National Bank, Monticello, 111.7First National Bank, Savanna, 111.7..First National Bank, Mascoutah, 111.7State National Bank, Peru, 111.7First National Bank, Chadwick, 111.7First National Bank, Vermilion, 111.27
First National Bank, Hampshire, 111.7National Bank of Niles Center, 111.7National Bank of Bellows Falls, Vt.7Caribou National Bank, Caribou, Maine 7.First National Bank in Ponca City, Okla.7Anaheim First National Bank, Anaheim, Calif.7—Farmers-Merchants National Bank, Princeton,
Wis.7 -Crestwood National Bank, Tuckahoe, N.Y.7Mount Airy National Bank in Philadelphia, Pa.7_.Commercial National Bank in Jefferson, Tex.iNational Bank of Pico, Calif.7National Bank of Orange County at Chelsea, Vt.7..Miners National Bank, Ishpeming, Mich.7-First National Bank, What Cheer, Iowa 2 7
First National Bank, Birdsboro, Pa.7Salt Springs National Bank, Syracuse, N. Y.7Wilshire National Bank, Los Angeles, Calif.7Cedar Rapids National Bank, Cedar Rapids, Iowa1.First National Bank, Darby, Pa.7Seven Vallevs National Bank, Seven Valleys, Pa.7_First National Bank & Trust Co., Yonkers, N. Y.7.Edisto National Bank* Orangeburg, S. C.7First National Bank, Eaton, Colo.7--First National Bank, Olive, Calif.7-First National Bank, Radcliffe, Iowa 1Mount Vernon National Bank & Trust Co., Mount
Vernon, Ind.*First National Bank, Conway, Wash.2 7First National Bank, Van Buren, Maine 7
64205592736411793
4781601013002142542529304112576309534148268540973613577561910365116021321816536190980110228
12575129401311313450131794929566831923905128712577364344289507653
106506057108916435
127801198410628
Sept. 6,1902Sept. 4,1900June 20,1904July 2,1920
MayMar.Oct.MayJan.Nov.Sept.JuneApr.Nov.Jan.Mar.Nov.Nov.Apr.Jan.JuneJuneFeb.JuneJune
Aug.Mar.Aug.Apr.Feb.Sept.Dec.Apr.Apr.MayAug.Feb.JulyMayDec.Oct.Dec.JulySept.
23,18925,19017.192630,186527,189025.190821,191813,190221,190017,189230,190728,19109,19311,190015.191326,192014,192812,186512,190228,191026,1912
30,192418,19268.19273,19304.19289,189326,19008,188426,188820,186514,192428,188715,189025.19099,186419.19147,190125,191615,1902
June 22,1925June 14,1921June 9,1914
25, 00030,00025,00050,000
50,00025,00050,000100,00050,00050,00025,000100,00050,000100,00050,00050,000150, 00025,00025, 00025, 000100,000100,00050,00050,00050,000
40,00050,000100,00025,00050,00050,000100,00050,00050,000200,000200,000100,00050,00025,000150,000100,00025,00025,00050,000
50,00025,00025, 000
26, 750103,10081, 50021,500
354,80071,625
605,170223, 50078, 5003,500
288, 950164,900459,500166, 250172, 750
124,08128,50023, 2509,000
687,000126,500195,00062, 500
8,0007,000
150,000486,000207,000276, 750
2, 249,00052,000
1, 447,500407, 50019, 250
1, 394, 774195,000107,1383,500
124,000
3,00019, 25062, 250
25,00050,00050,00050,000
200,00050,00050,000100,00050,00050,00025,000160,00060,000150,000100,000100,000150,00050,00025,00025,000100, 000100,000100,00050,00075,000
40,000100,000125,00025,00050,00050,000100,00050,00050,000800,000200,000600,000250,00025.000
1,000,000110,00050,00025,00050,000
50,00025,00075,000
Jan. 4,1934Jan. 5,1934Jan. 6,1934
do
Jan. 8,1934do _.-do .
Jan. 9,1934... d o -Jan. 10,1934
doJan. 11,1934Jan. 12,1934
do.... do
do... do. . .
do... do_
do. -do
Jan. 15,1934do.. __do
_._ do.
do... do. .
doJan. 16,1934
doJan. 17,1934
doJan. 18,1934Jan. 19,1934Jan. 22,1934
do _Jan. 23,1934
do _do.dodo.
Jan. 26,1934do
Jan. 30,1934
dodo
Jan. 31,1934
25,00050,00025,00012,500
12, 50050,000
25,00050,00025,000157, 55037,50099,60098,86049, 99750,00049, 600(2)
99, 25012,50049, 25050,000
100,000
49. 997100,000(2)48, 260
100,00025, 000
295, 700110,000
15,000
(2)12, 500
25,00050,00025,00012,500
12, 50050,000
49,40025,00050,00025,000157, 55037,50099,60098,86049,99750,00049,600(2)
99, 25012,50049, 25050,000
100,000
49, 997100,000(2)48, 260
100,00025,000
295, 700110,00049, 99515,000
(2)12, 500
(4)(4)(4)
4 145,5884 700,731(4)(4)(4)
4 139,7334 70,9564 12,424
4 241, 784(4)
1(4)4 12,435
p](4)(4)4 1,121,2544 5,285
4 193,504
(4)4 78,261
4 153, 5119,1934 5,151(4)(4)
(4)4 430, 6244 13,497
1, 608, 5261, 229,963
(4)4 1, 846, 290
4 389,396(4)4 7,8828,056
153, 2354 210. Ill
4 511,0124 343,9284 710,9084 329,910
41,082,6004 678,0564 241, 785
4 1,709,9094 720,9924 372,2934 133,233
4 1,459,1854 419,8554 599,2984 575,5414 638, 221
4 1,298,3874 116,4204 173,1464 856, 7504 439, 5524 735,4184 974, 2094 354, 6604 293, 2174 355,4024 351, 9004 102,8554 825, 731
4 1,849, 2504 778,883
4 3, 713, 7834 205, 652
2, 967, 6664 201, 734
* 11, 686, 7834 1, 402, 704
4 238, 0654 56, 204
4 266, 601
Footnotes at end of table, p. 331.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
TABLE NO. 45.—National banks in charge of receivers during year ended Oct. 31, 1934, dates of organization and appointment of receivers,capital at date of organization and at date of failure, dividends paid while solvent, lawful money deposited with Treasurer of the UnitedStates to redeem circulation to Oct. 31, 1934, circulation outstanding, borrowed money, and total deposits at date of failure—Continued
COtoO
Name and location of bank
Commercial National Bank, San Antonio, Tex.2 3 7
National City Bank, New Kochelle, N. Y.7First National Bank, Greenup, Ky.7First National Bank, Linton, Ind.7First National Bank, Logan, W. Va.7First National Bank, Youngsville, Pa.1Farmers National Bank, Fairfax, S. Dak.iFirst Inland National Bank, Pendleton, Oreg.7First National Bank, Brockport, N. Y.7First National Bank & Trust Co., Mamaroneck,
N. Y.iWabash National Bank, Wabash, Ind.iUnited States National Bank, Vancouver, Wash.7..First National Bank, Marietta, Ohio 7
First National Bank, Jasonville, Ind.7First National Bank, Edgewater, N. J.7First National Bank, Johnstown, Pa.7First National Bank, Bryan, Ohio 7
Seneca National Bank, West Seneca, N. Y.7Farmers National Bank, Bryan, Ohio 7
First National Bank, West Allis, Wis.7First National Bank, Hempstead, N. Y.7Bright National Bank, Flora, Ind.7
Security National Bank, Randolph, Nebr.7First National Bank, Mountain Grove, Mo.7Union National Bank, Scranton, Pa.7Macon Ridge National Bank, Delhi, La.7Elmhurst National Bank, New York, N. Y.7Newtown National Bank, New York, N. Y.7First National Bank in Lowell, Ind.iFirst National Bank in Ness City, Kans.7Citizens National Bank, Eureka, Kans.7County National Bank, Clearfield, Pa.7Citizens Third National Bank & Trust Co.,
Greensburg, Ind.7
Organization
Char-terno.
Date
Apr. 4,1922Aug. 18,1902Oct. 31,1903July 25,1904Feb. 19,1906Mar. 10,1906Feb. 3,1923Oct. 19,1931Apr. 4,1864
1216264277037741181368165
1232513576
382
541139359646142
73428401
51237
129252474
8014747772828737
109121303513379593181425655855
2844 Dec. 4,1882
MayAug.Jan.Nov.JulyJulyJuneOct.JulyMar.JuneMar.Dec.Nov.Mar.MaySept.Jan.Sept.JulyFeb.Dec.Feb.
28.190015,188811,191014,186311.190412,190615,18828,186327,192526,188027,19032,189313.19052,19043,19044,190711,19165,19276,192911.190117.19063,19006,1865
Capital
$200,000100,00025,00050,00050,00030,00050,000400,00050,000
50,000120, 000100,00050,00025,00025,000100,00050,00050,00050,00025,00050,00025,00050,00025,000500,00025,000200,000200,00050,00025,00025,000100,000
50,000 !
Totaldividendspaid dur-ing exist-ence as anationalbankingassocia-
tion
$126, 500945, 500107,000170, 300283, 500
64, 500
468, 607
287, 000392, 000
64, 5001, 654, 250
130, 25020, 500
2,177,000663,335
9,000473, 500264, 375700,000
41, 250150, 750
51, 500780,000
16, 250
83,00062,750
110, 2503,067,847
549, 750
Failures
Capital
$300, 000500,00050,000
100, 000150, 00050,00050, 000
400,00075, 000
150, 000200,000100,000500,00050,00050,000
400,000150,00050,000
200,000150,000500,00025,00050,00025,000
500,00025,000
200, 000200,00050,00025,00050,000
500,000
150,000 do.
Receiverappointed
Jan. 31,1934Feb. 1,1934
do.do
— ..dodo
doFeb. 2,1934
. . . . -dodo
Feb. 5,1934.do.dodo
. . . . . d oFeb. 7,1934
.do.Feb. 8,1934Feb. 9,1934Feb. 13,1934
dodo
Feb. 19,1934Feb. 21,1934
do
do.__. do
doFeb. 23,1934Feb. 26,1934
Lawfulmoney
deposited
$24, 640100, 000
12, 500
99, 99550,000
100,000500,00025, 00039,050397, 650149, 640
198, 500148,560250,00025,00050,00012, 320500,00025,000100.000
25,00035,000
495, 237
140,000
Circula-tion out-standingat date
of failure
$24, 640100, 00012, 50050,000
99, 99550,000
100,000500, 00025, 00039,050397, 650149, 640
198, 500148, 560250,00025,00050,00012, 320
500,00025,000
100.000
25,00035,000
495, 237
140,000
Borrowedmoney(bills
payable,redis-
counts,etc.) atdate offailure
()4 $1,434,043
(4)()946, 739
53,18331, 099
1, 208,8984 7, 613
1, 852, 01127, 085(4)
4 267, 7844 104, 250
4 37,8204 1, 236, 571
4 103,863
0)4 151, 996
4 12,000
4 19,032(4)
1,451,0314 40, 653105, 957
4 22, 76434, 305
4 51, 671(4)
4 1,175,007
Totaldeposits
at date offailure
1 $6, 644, 0164 376, 5584 836,064
1, 978,112
3,181. 5894 1,415, 294
4 935, 6004 2,125, 894
4 353, 8434 856, 758
4 10, 786,1464 802, 0534 553, 035
1, 382, 0204 1,426,8264 3, 522,862
4 300,8224 186,0124 169,330
2, 911,0554 125,893
752.6074 395,248
4 188,0234 299,017
< 3,426,196
4 738,138
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
First National Bank, Enosburg Falls, Vt.7 ._..First National Bank, Coeburn, Va.7First National Bank & Trust Co. in Orlando, Fla.7.First National Bank, Holly Grove, Ark.7First National Bank & Trust Co., Fleetwood, Pa.7.Farmers National Bank, Oxford, Pa.7First National Bank & Trust Co., at Flint, Mich.7.First National Bank, Freeland, Pa.7First National Bank, East Rutherford, N. J.7First National Bank, Clarksville, Tex.7National Bank of Hudson, Wis.7First National Bank in Webster Groves, Mo.7First National Bank, La Grange, 111.7First National Bank, Fremont, Ohio7
First National Bank, Eaton Rapids, Mich.7First National Bank, Lyndhurst, N. J.7Stockgrowers & Farmers National Bank, Wallowa,
Oreg.7First National Bank, Jacksonville, Ala.2 7
Yardley National Bank, Yardley, Pa.7First National Bank & Trust Co., Ludington,
Mich.7Mobile National Bank, Mobile, Ala.iFirst National Bank, Urbana, 111.7Collingswood National Bank, Collingswood, N. J.7.Capital National Bank, Lansing, Mich.7First National Bank, Manawa, Wis.7
First National Bank, Dawson Springs, Ky.7First National Bank, Dillonvale, Ohio.7First National Bank, Granville, 111.7Farmers National Bank, Cotton Plant, Ark.7Grand National Bank, St. Louis, Mo.7Taylorville National Bank, Taylorville, 111.1Farmers National Bank, Garner, Iowa 7
New Albany National Bank, New Albany, Ind.7_.Second National Bank, New Albany Ind.7Citizens National Bank, South Bend, Ind.7First National Bank, Mayville, Wis.7Wisconsin National Bank, Watertown, Wis.7First National Bank, Ambler, Pa.7Bethlehem National Bank, Bethlehem, Pa.7Old National Bank, Waupaca, Wis.7First National Bank, Honaker, Va7
First National Bank, San Gabriel, Calif.7First National Bank, Conrad, Iowa 1
First National Bank, Windsor, Mo.7Boulder National Bank, Boulder, Colo.3 7
First Sterling National Bank, Sterling, 111.7Farmers & Merchants National Bank, Headland,
Ala.7
Footnotes at end of table, p< 331.
76146899100691229689392906109976175122283973105101278112653
5236710417
900243194207
277313195291579838148871011548561810458122191222089408367775
2166476410653101032203961442410252122539447951932461717
11445
Feb.JulyAug.Dec.JuneFeb.Apr.Feb.M a yJan.Apr.JuneFeb.M a yJulyM a y
Oct.MayOct.
Aug.Mar.Mar.Nov.Jan.Feb.Nov.Sept.Oct.M a yJuneApr.Aug.Jan.Aug.M a ySept.Feb.M a yDec.Sept.Aug.Sept.Apr.JulyAug.Sept.
Aug.
11,190521,19031,19117,1922
20,190727,188313,191715,190231,192226,18898,1914
26,192518,192523,18633,1877
20,1913
26,19076,1890
25,1889
28,188224, 192829,18831,1905
16,190616,190721,191920,190017,191329,19225, 19226, 1907
22, 19063, 18656,18742,1892
19,191427,186512,188410,18886,18905,19125,1922
24,190912,190919,188415,1870
25,1919
25,00025,00050,00025,00025,00075,000
200,00050, 00050,00050,00050,000100,000100, 000100, 00050,00050,000
50.00050', 00050,000
50, 000200; 00050,00025, 000100,00025,00025,00025, 00050, 00025,000
200,000150,00025, 000
300, 000100,000100,00050, 00050, 00055, 00050, 00050, 00025, 00050, 00025, 00050, 00050,000
100, 000
50, 000
39, 750198, 566149,00016, 250
161,000254, 250424,000177, 25011, 000
264,00080, 000
11,000734, 500277, 475116, 500
95, 50077, 500233,500
542, 50030, 000
511, 500147,132987, 50062, 5004,800
172, 37569, 00012, 750
202,000186, 00087, 000
1, 300, 0501, 084,000
934, 25029, 500
484, 250420, 750696, 681197, 50077,10026, 00020, 00034, 000
261, 2501,184, 829
53, 800
25,000100,000200,00025,000125,00075,000
400,000150, 00050, 00050, 00050, 000
100, 000100, 000200,00050,000
100, 000
50, 00025, 000
125,000
100, 000200,00050, 000100,000600, 00025,00040, 00050,00050,00025, 000
700, 000150,00050, 000
150, 000300, 000700,00050, 00075, 000
250, 000300, 00050,00035, 00050, 00025, 00050, 00050, 000
200, 000
60, 000
_-_doFeb. 27,1934
.do._do_._do-._do-..do.
Feb. 28,1934Mar. 1,1934
dododo
Mar. 2,1934Mar. 5,1934.-..do
Mar. 6,1934do
Mar. 7,1934
Mar. 8,1934do
Mar. 13,1934do
Mar. 14,1934....doMar. 15,1934
Mar. 19, 1934
doMar. 20,1934Mar. 23,1934
do..'do
Mar. 26,1934,___-do
do
doMar. 27,1934Mar. 28,1934
dodo
Mar. 29,1934
do
19, 995100,00050,00010,000
125,00073,800.
199, 70075,000
99, 55025,000
25,000(2)
100,000
99,160
12, 500100,000600,00025,00040, 00050, 000
500,000
25,00099, 550
292, 850700,00050, 000
100, 00049, 50050, 00025, 000
49, 520
149,156
19, 995100,00050,00010,000
125,00073, 800
200,00075,000
99, 55025,00099, 997
25, 000(2)
100,000
99,160
12, 500100,000600,00025, 00040, 00050, 000
500,000
25,00099, 550
292, 850700,00050, 000
100, 00050, 00050, 00025, 000
49, 520
"149,150
()4 58,491
4 488,0264 21, 667202, 724137,105667, 224(4)96, 712(4)()
4 52, 9634 10.417263, 6634 31,100329, 261
4 44, 391(2)
4 44,178
4 52,197489, 780()
4 187, 2334 1,167, 783
87, 6664 49, 393
4 106,1544 53,1664 20. 954(4)300,125()198, 239
4 129, 9804 1, 914, 521
(4)()
4 507,4821,484, 873
(4)4 99, 5084 40, 09721,136
4 15,41775,991(4)
4 25, 734
4 595, 5784 207,852
4 2,141,7774 29, 852567, 716
6, 697, 6244 1, 944,828
455,0284 268, 5134 346, 3744 154, 5174 536, 6772, 076,1164 357, 323970, 938
4 104,834(2)
4 279, 210
4 840, 713
4 578,0464 1, 205,1921 12, 439, 374
300, 7774 220,0404 430,1614 370, 9894 56, 752
4 1, 653, 446
4 246, 778801,311
4 1, 753, 3714 2,811, 263
4 306, 3664 780, 060
4 1, 741, 4724 4,335,044
4 331, 4054 186, 563
4 139, 440433, 370
4 1,139,144
< 124, 502
gss(-3
aOO
OF
wO
d
3o
CO
to
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
TABLE NO. 45.—National banks in charge of receivers during year ended Oct. 31, 1934, dates of organization and appointment of receivers,capital at date of organization and at date of failure, dividends paid while solvent, lawful money deposited with Treasurer of the UnitedStates to redeem circulation to Oct. 81, 1934, circulation outstanding, borrowed money, and total deposits at date of failure—Continued
00fcO00
Name and location of bank
Organization
Char-terno. Date Capital
Totaldividendspaid dur-ing exist-ence as anationalbankingassocia-
tion
Failures
Capital Receiverappointed
Lawfulmoney
deposited
Circula-tion out-standingat date
of failure
Borrowedmoney(bills
payable,redis-
counts,etc.) atdate offailure
Totaldeposits
at date offailure
Elk National Bank, Fayetteville, Tenn.7...First National Bank, Hillsdale, Mich.?First National Bank, Toledo, Ohio 7
First National Bank, Fayetteville, Tenn.7State National Bank, Shawnee, Okla.7First National Bank, Perry, Okla7
First National Bank, Webster Springs, W. Va.7_...Citizens National Bank, Franklin, Ind.7Carlstadt National Bank, Carlstadt, N. J.7.-First National Bank, Grundy Center, Iowa l
First National Bank, Napoleon, Ohio *First National Bank, Hendricks, Minn.1First National Bank, Clarion, Pa.7First National Bank, Camden, Ark.s7
Farmers National Bank, Fayetteville, Tenn.7Arkansas National Bank,Fayetteville, Ark.1First National Bank, Rockwood, Pa.7Farmers & Merchants National Bank, Rockwood,
Pa.7First National Bank, Council Bluffs, Iowa 7
Tower City National Bank, Tower City, Pa.7First National Bank & Trust Co., Frackville, Pa.7.First National Bank, Mott, N. Dak.7Carrollton National Bank, Carrollton, Ky.7 ._First National Bank, Oxford, N. YJWhitman County National Bank, Rosalia, Wash.7_East Berlin National Bank, East Berlin, Pa.7First National Bank, Naperville, 111.7Lee County National Bank, Marianna, Ark.7First National Bank, Bradford, Ohio 7_First National Bank, Indiana, Pa.7First National Bank, Elton, La.7Planters National Bank, Fredericksburg, Va)City National Bank, Goshen, Ind.7First National Bank, Beaver Falls, Pa.7
855516891
211464166972836039675416322552186468774
40661019887865340
976914796117786094893074273927368784551108549163313
115411032520673356
Jan.Dec.JuneJuneSept.Sept.JuneJan.MayJulyJulyAug.Jan.JuneApr.JuneApr.
31,190716,186310,18659,18732,190215,190330,19063,188921,190010,188412.18996,190223,186522,188918,19128,190728.1900
May 4,1910June 1,1865Jan. 22,1902June 22,1905June 26,1909Oct. 23,1883Feb. 10,1864Sept. 28,1908May 27,1903Feb. 26,1891May 4,1916May 6,1908Dec. 10,1863Nov. 13,1919Feb. 4,1913Sept. 25,1872June 2,1885
$75,00050,000200,00060,000100,00050,00025, 00050,00030,00050,00050,00025,000
100, 00050,00050,000100,00025,000
25,00050,00025,00050,00025,00060,00070,00040,00025,00050,00050,00025,000200,00050,00075,00050,00050,000
$246,000537,083
3,481,500363, 360255,000121,87517,000
304,250195,000282,000117,00087, 250562,000378, 37548,000
276, 500114,500
11, 250982,000199,750202,648106,800194,900895,000118, 50094,000273,37563,800118, 750
1,706,000
138,000372,388479,250
$75,000100,000500,00060,000100,00050,00025,000100,000100,00050,00050,00025,000
100, 000150,00050,000
150, 00025,000
25,000300,00050,000
125, 00050,00060,000100,00050,00025,00075,00080,000125,000200,00050,000100,000100,000150,000
Mar. 30,1934Apr. 3,1934
do.Apr. 9,1934
do..—do..—do.Apr. 10,1934
doApr. 11,1934
do.
$73,95099,600498,15060,000100,00025,000,6,250
100,000
doApr. 16,1934
dododo
Apr. 20,1934
dododo
Apr. 23,1934do
Apr. 25,1934dodo
Apr. 26,1934Apr. 27,1934M a y 1,1934
do
100,000110,00050,000
25,000
25,000200,00050,00050,00049,96060,00099,12043,00025,000
M a y 2,1934do
M a y 3,1934M a y 8,1934
do..
123,300198,500
$73, 95099,600498,15060,000100,00025,0006,250
100,000
100, 000110, 00050,000
25,000
25,000200,00050,00050,00049,96060,00099,12043,00025,000
123,300198, 500
* $222,940123, 363
* 2,041,951* 60, 240* 137,440* 58,42934, 513
* 123,787255,98054,821(4)61,656
98,000148,120
98,000148,120
* 167,817< 17,100225,00995,429
51,626< 443,894140,423
* 183,63072,729(4)
* 83,0004 64, 33847,307
266, 310194,663143,047
«803, 53012, 619(4)
299, 200* 194.112
* $663,763766,461
* 4,136,917* 294,118
* 1, 386,178* 411,123406,553
* 480,474865,611
VI,~43l,"656* 821,464* 127,677516,138
100,9604 2,003,3621, 205,060
* 1,359, 548488,797
* 607,477« 836,873* 243,338932, 240421,293387,619309,569
« 3, 771,99164,000(4)768, 774
* 1,098,883
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
First National Bank, Midland, Md.7_.National Bank of Commerce, Lorain, Ohio 2 7
Peoples National Bank, Bronson, Mich.7Hewlett-Woodmere National Bank, Woodmere,
N. Y.7Lincoln National Bank, Lincoln, 111.7..Peoples National Bank, Lakewood, N. J.7Coldwater National Bank, Coldwater, Mich.7Hancock County National Bank, Carthage, 111.7Commercial National Bank, Philadelphia, Pa.7-..First National Bank, Charleroi, Pa.7First National Bank, Clifton Heights, Pa.7...American National Bank, Marshfield, Wis.7First National Bank, Hartford City, Ind.7...Farmers National Bank, Crystal Lake, Iowa 7
First National Bank, Antigo, Wis.7 _...Langlade National Bank, Antigo, Wis.7American-First National Bank, Mount Carmel,
111.7First National Bank, Breese, 111.7First National Bank & Trust Co., Ford City, Pa.7..First National Bank, Tigerton, Wis.7Citizens National Bank, Winterset, Iowa 7
First National Bank, Frostburg, Md.7First National Bank, West Concord, Minn.7First National Bank, Saegertown, Pa.1..Aurora National Bank, Aurora, 111.7.. _First National Bank, La Junta, Colo.7First National Bank, Secaucus, N. J.7First National Bank, Tuscumbia, Ala7
First National Bank, Howell, Mich.7Ocean City National Bank, Ocean City, N. J.7....First National Bank in Sea Bright, N. J.7First-Farmers National Bank, Arcanum, Ohio 7__.Herkimer National Bank, Herkimer, N. Y.1First National Bank, Mingo-Junction, Ohio 7
First & Tri State National Bank & Trust Co., FortWayne, Ind.i
First National Bank, Darlington, Wis.7Northwestern National Bank & Trust Co., Phila-
delphia, Pa.7First National Bank, Dalhart, Tex.7First National Bank of Mt. Healthy, Mount
Healthy, Ohio 7
First National Bank, Belleyue, Iowa 7
National Bank of Ionia, Mich.7First National Bank, Millen, Ga.7Burnside National Bank, Burnside, Pa.7Ticonic National Bank, Waterville, Maine 1
533153719704
12294336972911235116736044534627554376959985351435942
57829893513054462002414953621191029454507938011281115861252113552483951415694
113161
34916762
7661123035789908811902762
Apr.Jan.Mar.Nov.JulyMayMayFeb.Dec.Mar.Apr.JuneJulySept.Aug.Aug.Apr.Oct.JuneJuneMayOct.MayDec.Apr.Nov.Mar.Dec.Jan.Nov.JuneDec.JulyNov.MayMar.Apr.Mar.
Feb.Jan.Apr.Mar.Dec.Jan.
24,190010,19007,1910
29,19221,1885
21,190430,186524,18657,1886
12,189117,19027,1900
18,190322,191031,18981,1901
5,190114,191024.18989,1900
11,187230,18897,1900
31,192030,188319,189017,190917,191819,192016,19232,1931
10,189230,189824,1900
6,188220,1884
3,18863,1903
24,19052,19239,1901
17,190811,19203.1865
25,000100,00025,000
50,00060,00050,000
100,00050,000
200,00050,00050,00050,00050,00025,00050,00050,000
50,00050,00050,00025,00050,00050,00025,00025,000
100,00050,00025,00050,000
100,000100,00050,00050,00075,00025,000
300,00050,000
200,00025,000
25,00075,00050,00025,00050,000
100,OCO
59, 750246, 50067,500
12, 500672,000234,500771,000433,067
3, 643, 500281,750167,250335,25060,87519,000
319,250249, 500
280, 62590,000
326, 75063,450
480,250219,000108,00012,750
942,000241, 500110,500
61, 50086,0004,000
140,875665,000121, 250
2,867,868312,000
1, 456, 750162,625
99,87522,875
238,60037,0006,000
582,000
25,000150,00050,000
50,000150,000150,000100,000140,000
2,000,00050,00050,000150,00075,00025,000100,000100,000
100,00050,000125,00040,000
200,00050,00050,00025,000
300,00050,000
100,00075,000
100,000100,00050,000
100,000200,00025,000
2, 250,00075.000
500,00075,000
75,00075,000
150,00025,00050,000
200,000
May 9,1934dodo
doMay 10,1934May 14,1934May 15,1934May 22,1934
do _dodo.
May 23,1934dodo
May 31,1934do
dodo
June 4,1934dododo
June 6,1934do
June 18,1934dodo._dodododo
June 21,1934dodo
June 22,1934June 25,1934
dodo
dodo
June 26,1934dodo
June 28,1934
25,000(2)50,000
12,130150,000146,600100,00075,000
950,00050,00049,150
150,00050,00025,00098,950
100,000
98,95050,000
124,100
199,10049,05050,000
99,15049,10025,00039,45098,05079, 5C0
100,000
25,000
74, 500
197,400
74,050
24, 65049,350
25,000
50,000
12,130150,000146,600100,00075,000
950,00050,00049,150
150,00050,00025,00098,950
100,000
98,95050,000
124,10040,000
199,10049,05050,000
99,15049,10025, OCO39,45098,05079, 500
100,000
25,000
74, 500
197,400t 75,000
74,050
150,00024,65049, 350
Footnotes at end of table p. 331.
40,614
73,422
179,776232,426
4 503,5664 156, 530
85, 7134 4,892,139
359,6454 393,246
585,91665, 759
4 39, 566125,797139,343
4 172,14535, 598
4 224,9464 29,9534 45, 731333,8704 69, 6254 25, 650
4 1,044, 598(4)
4 307,44562,803
4 65,7144 409, 503
4 52,52976,836
4 1,158, 6534 76,115
4 158,0824 147,458
4 3,043, 5624 119,011
4 807,468138,279
4 99,97947,398
4 14,8304 550, 081
234,277
210,912
947,3951,306,298
4 1,415, 5974 557,992
642,5354 8,150, 621
1,786, 5664 1,257,191
946,771345,9924 79,186
1,018, 602762,824
4 1, 326, 570239,043
4 1, 507,6014 253, 6194 451,805
1,218,5194 280, 627
(4)4 1, 707,192
4 249,7474 1,042,915
347,0294 421,0654 366, 3504 222,732
260, 502(4)
4 687,425
4 2,3574 572,288
4 3,820, 6354 300,814
(4)
390,9094 1,109, 561
37,9604 92,604(4)
HH
8• w
o1-3
O
g3O
/^.
9HO
&J
*-\
COfcOCD
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
TABLE NO. 45.—National banks in charge of receivers during year ended Oct. 31, 1934, dates of organization and appointment of receivers,capital at date of organization and at date of failure, dividends paid while solvent, lawful money deposited with Treasurer of the UnitedStates to redeem circulation to Oct. 31, 1934, circulation outstanding, borrowed money, and total deposits at date of failure—Continued
COCoO
Organization
Name and location of bank Char-terno.
Date Capital
Totaldividendspaid dur-ing exist-ence as anationalbankingassocia-
tion
Failures
Capital Receiverappointed
Lawfulmoney
deposited
Circula-tion out-standingat date
of failure
Borrowedmoney(bills
redis-counts,etc.) atdate offailure
Totaldeposits
at date offailure
Security National Bank, Clinton, Okla.7First National Bank, Chickasha, Okla.?First National Bank, Livingston, 111.7First National Bank, Hooversville, Pa.7Citizens National Bank, Hooversville, Pa.7National Bank of Ashland, Nebr.7Citizens National Bank, West Alexander, Pa.7First National Bank, Lima, Mont 8Merchants & Farmers National Bank, Charlotte,
N. C.7Farmers National Bank, Haviland, Ohio !
First National Bank, Forest City, Pa.7Farmers & Miners National Bank, Forest City,
Pa.7Second National Bank, Erie, Pa.7Citizens National Bank, Faribault, Minn.7Valley National Bank, Green Lane, Pa.7American National Bank, Lincoln, 111.1Southwestern National Bank, Philadelphia, Pa.7..First National Bank, Bridgeville, Pa.7First National Bank, Scribner, Nebr.7First National Bank, Foley, Minn.7National Bank of Shawneetown, Shawneetown, 111.7.First National Bank, Patton, Pa.7First National Bank, Betheida, Ohio 7
First National Bank, West Milton, Ohio 7
National Bank of Pontiac, 111.7First National Bank, Clinton, Ky.7Sixth National Bank, Philadelphia, Pa,7First National Bank, East Rochester, N. Y.7Crystal Falls National Bank, Crystal Falls, Mich.7.Iron County National Bank, Crystal Falls, Mich.7.Farmers National Bank, Hodgenville, Ky.1Merchants National Bank, Pottsville, Pa.7
1205054311184562501141329211199311492
1781104365518
92486081863908436133498663669017933775248575602906221419098352
1014111547752568948964
Nov.MaySept.Mar.JulyMar.MayOct.
15, 192119.190021, 192027, 190217,191926,188324,19213,1919
Jan. 17 1871Aug. 1,1913June 4,1900
Aug.Nov.JulyJan.Dec.Apr.Jan.JulyAug.Apr.Sept.JunoFeb.Mar.Feb.Mar.Dec.Nov.Dec.JulyOct.
18,190814,186421,187130,190818,188613.18865,19033,190325,190524,190513,189321,100022 190825,187421,190818.186419,191120,191915,19044,190322,1907
$50,00025,00025,00025, 00025, 00050,00025, 00025,000
150,00025,00025, 000
50,000200,00080,00025,00050,000200,00050.00025,00025,00025,00050, 00025,00030.00050,00050,000100,00025.00050, 00025,00030, 000
200, 000
$55, 500300, 750
65, 25031, 500
280, 30048, 500
1, 437, 8283,000
276, 750
66, 7502, 380, 667
4S0, 40067, 750
455, 500496.00049, 00074, 00072, 50055, 250
432, 00061, 50066, 300
330, 500134,000
1,173, 250136, 91550, 000184, 500167, 866263,125
$50, 000200,00025,00025, 00025,00060,00025,00025,000
200, 00025, 000
150, 000
50,000500. 00080. 00050,000
150, 000300,00050, 00025, 00025,00025,000200,00025,00030.00050, 00050, 000300,000150.00050, 000100,000110,000125, 000
June 28, 1934July 5,1934
io.July 12,1934
doJuly 16,1934
doJuly 19,1934
July 24,1934Aug. 9,1934Aug. 10,1934
..—doAug. 13,1934Aug. 14,1934Aug. 15,1934
doAug. 17,1934Sept. 20,1934
dodo
Sept. 21,1934dododo
Sept. 26,1934do
Sept. 29,1934Oct. 10,1934
do
$60,00025,000
50, 000
45,000
100,000
$99,10025,00025, 00025,00060,00025,00024, 270
200,000
"50," 666"
50,000250,000
50,000
do
49, 99750,0008,000
25,00025,000
200,00025,0007,500
50,00050,000
150,000150,00050,00025,000
Oct. 12,1934 125, 000
()4 $222, 949
4 39, 8394 65, 2964 51,165
(4)4 16, 8954 25, 000
4 532, 93113, 057
4 157,0224 240, 3914 952,0744 379, 3324 26, 763
4 276, 3664 298, 471(4)
4 209,1824 125, 795(4)
()4 60, 791
4 799, 6754 241,868
(4)4 69, 842
(4)4 100,972
4 $329,306« 726, 9544 155, 3604 341, 7324 232,9984 210,9344 302, 2424 41, 742
4 1, 306,458
~4~ I," 085," 1214 617,870
4 8, 540, 5844 1,016, 507
4 507, 775(4)
4 1,057,1744 590, 5194 473, 3604 145,8544 181, 530
4 1, 525,4644 478,8334 186,5204 830,0344 275,024
4 3, 315,4454 855, 3064 444,1104 727,048
(4)4 1, 788,874
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
290029012902290329042905290629072908
First National Bank, Malvern, Ark.7 . . „ _ .First National Bank, Greene, N. YAFarmers National Bank & Trust Co., Bedford, Pa.7.First National Bank & Trust Co., Bedford, Pa.7..Reading National Bank & Trust Co., Reading Pa.7.Citizens National Bank, Greenwood, Ind.7
First National Bank & Trust Co., Hamburg, Pa.7..Ozone Park National Bank, New York, N. YFirst National Bank, Rockwood, Tenn.7
Grand total (1,635 receiverships) _
Total active (1,543 receiverships)Total liquidated and finally closed (64 re-
ceiverships) .Total restored to solvency (28 receiverships).Total 1934 failures (394 receiverships)
763412174111883089488784619028122804169
Feb.Mar.MayOct.Jan.Oct.Sept.Oct.Oct.
7,190516,192217,191831,188327,189331.190619.190730,192224,1889
25,00050, 00025, 00050,000200,00025, 00025, 000200,00050, 000
119,165,070
114,755,0702, 765, 000
1, 645,00027, 605,000
64, 00024, 00067, 625
256, 7501, 688, 500
60, 750184, 75055, 000
221, 300
435,155, 815
420, 924, 7448, 662, 796
5, 568, 275125, 555,180
25,00050,000150,000150,000600,00025,000125,000200,00080, 000
240,795,085
231,870,0854,940, 000
3,985, 00056, 525,000
Oct. 15,1934Oct. 20,1934Oct. 26,1934
.do.Oct. 27,1934Oct. 29,1934Oct. 30,1934
dodo
110,529,135
108,181,1352, 348,000
()26,142,412
25, 000
150,00050,000
600, 00025,000
125, 00050, 00050, 000
117,108,025
114,760,0252, 348, 000
()30,148,474
4 12, 634
4 50,8294 166, 209
4 1, 111, 689
()4 206,524
355,880, 057
344, 686, 68611,193, 371
()92, 595,549
4 114,147(4)
4 483,524* 877,470
4 6,497, 36S4 186,1184 977,482
4 1, 293, 6074 804,075
1,905,044,252
1,878,453,60226, 590, 650
()381,108, 228
ao
E
1 Receiver appointed to levy and collect stock assessment covering deficiency in value of assets sold, or to complete unfinished liquidation.2 Restored to solvency (28 banks).3 Licensed banks closed through revocation of license with appointment of conservator, subsequently found insolvent and placed in receivership (4 banks).4 Preliminary figures subject to revision.8 Suspended under terms of bank holiday proclamation without subsequent appointment of conservator.6 Licensed banks found insolvent and immediately placed in receivership (4 banks).7 Formerly in conservatorship.8 Federal Deposit Insurance Corporation appointed as receiver in accordance with terms of Banking Act of 1933 (1 bank).9 Liquidated and finally closed during report year ended Oct. 31, 1934.
11o
CO
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
TABLE NO. 45-A.—District of Columbia State chartered banks and banks incorporated under the laws of the District of Columbia, under thesupervision of the Comptroller of the Currency, in charge of receivers during the year ended Oct. 81, 1934, dates of organization and appoint-ment of receivers, capital at date of organization and at date of failure, dividends paid while solvent, borrowed money and total depositsat date of failure
COCOto
s
m
o
oF
o
3Wfet
O
Name and location of banks
Incorporation
Jurisdiction under laws ofwhich incorporated
Date of incor-poration
Capitalauthor-
ized
Total divi-dends paidduring ex-istence as aState bank-
ing asso-ciation
Failures
Capital Receiver ap-pointed
Borrowedmoney
(bills pay-able, redis-
counts,etc.) atdate offailure
Total de-posits atdate offailure
4a
7a
10alla12a13a
14a
International Exchange Bank, Washington, D. CNorth Capitol Savings Bank, Washington, D. CBank of Brightwood, Washington, D. CDepartmental Bank, Washington, D. C_._Continental Trust Co., Washington, D. C.iPark Savings Bank, Washington, D. C.2Northeast Savings Bank, Washington, D. C.2Chevy Chase Savings Bank, Washington, D. C.2Washington Savings Bank, Washington, D. C.2Seventh Street Savings Bank, Washington, D. C.2Potomac Savings Bank of Georgetown, Washington, D. C.2United States Savings Bank, Washington, D. C.2Woodridge-Langdon Savings & Commercial Bank, Wash
ington, D. C.2Industrial Savings Bank, Washington, D. C.2
Arizona _.do—_do_..do-
District of Columbia..Alabama _Arizona
dodo
West Virginia..Virginia..West Virginia-Arizona
JuneSept.Apr.Aug.Jan.Aug.Dec.Dec.Jan.JulyFeb.MaySept.
30.19213,1912
26.192224,192025,191228,190920,191511.192015,19171,191228,190316,190615.1921
District of Columbia Mar. 25,1913
$300,000100,000100,000500,000500,00050,000100,00050,00050,00050,00050,000100,00050,000
5,000
112,1432,0002,077
615,000165,000
$116,83090,000100,000106,060
1,000,000100,000100,000100,000100,000100,000140,000100,00050,000
50,000
July 14,1932do
July 16,1932July 22,1932Feb. 28,1933July 13,1933Nov. 15,1933
.do.Dec. 7,1933Dec. 21,1933Jan. 18,1934Feb. 10,1934Apr. 9,1934
Sept. 20,1934
$112,129111,85725,000150,000
1,028,047593,555
3 456,830113,592
3 202,8853 301,8533 298, 2863 500,7803 125,393
3 23,005
$452,8501,027,862
839,380802,373
5,7663,379, 554
3 1,121, 795737,017
3 359,4263 1,176,0743 2,069,8963 1,892,480
3 365,957
3 548, 796
Total. 2,005,000 942,316 2,252,890 4,043, 212 14, 779,226
1 Receiver appointed to levy and collect stock assessment covering deficiency in value of assets sold or to complete unfinished liquidation.2 Formerly in conservatorship.3 Pre liminary figures subject to revision.
o
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
334 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. 31,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and
Name and location of banksCapitalstock atdate offailure
Date re-ceiver ap-pointed
Book valueof assets
at date offailure,
estimatedgood
Book valueof assets
at date offailure,
estimateddoubtful
469
549656667670743744746756781799
813816846
899909918
919922928939941
9559599759779981004101810191024102610271031
1037
10491060106110631064107010721079109510981105110611081110
1111111511231128
Farmers & Drovers National Bank, Waynes-burg, Pa.
First National Bank, Sutton, W. VaAmerican National Bank, Billings, MontCitizens National Bank, Laurel, MontCommercial National Bank, Wilmington, N. C.Merchants National Bank, Mandan, N. D a k . . .First National Bank, Webster, S. DakSioux Falls National Bank, Sioux Falls, S. Dak..First National Bank, Brookings, S. DakFirst National Bank, Huron, S. DakFirst National Bank of Fergus County in Lewis-
town, Mont.Drovers National Bank, East St. Louis, 111City National Bank, Huron, S. Dak.iFirst National Bank, Ozark, AlaFirst National Bank, Townsend, MontNational Bank of Commerce, Pierre, S. DakFirst National Bank, Matoaka, W. VaGeorgia National Bank, Athens, GaBurgettstown National Bank, Burgettstown,
Pa.First National Bank, Selma, N. CFirst National Bank, Florence, S. CFirst National Bank, St. Cloud, MinnGlobe National Bank, Denver, ColoFirst National Bank, Warren, MinnMuskogee Security National Bank, Muskogee,
Okla.Gregory National Bank, Gregory, S. DakWarren National Bank, Warren, MinnBroadway National Bank, Denver, ColoFirst National Bank, Waukon, IowaFirst National Bank, Shenandoah, IowaFirst National Bank, Jonesboro, ArkFirst National Bank, Pepin, WisFirst National Bank, Woonsocket, S. DakFirst National Bank, Waubay, S. DakOakes National Bank, Oakes, N. DakNational Farmers Bank, Owatonna, MinnFarmers & Merchants National Bank, Merced,
Calif.Farmers & Merchants National Bank, Lake
City, S. C.First National Bank, Milbank, S. DakClarinda National Bank, Clarinda, IowaFirst National Bank, Marked Tree, ArkFirst National Bank, Leeds, N. DakFarmers National Bank, Brookings, S. DakFirst National Bank, Malvern, IowaFirst National Bank, Haleyville, AlaCitizens National Bank, Ortonville, MinnFirst National Bank, Beardsley, MinnFirst National Bank, Edgeley, N. DakFirst National Bank, Clinton, MinnCitizens National Bank, Albert Lea, MinnFirst National Bank, Allegan, MichFarmers & Merchants National Bank, Mount
Morris, Pa.First National Bank, Bush City, MinnFirst National Bank, Dunbar, PaProvident National Bank, Waco, Tex.1
First National Bank, Columbia City, Ind . r - .^ v
Dollar,200,000 Dec. 12,1906
50, 000 Aug.150, 000 Sept.35,000 Jan.200,000 Jan.50,000 Dec.25,000 Jan.150,000 Jan.100,000 Feb.65,000 Mar.300,000 Apr.
29,191423.19224.192331.192326.19232.192424.19249,192414,192412,1924
200,000 M a y50,000 June35,000 Oct,50,000 Jan.100,50,
400,100,
22,192410,192423,19248,1925
000 Feb. 11,1925000 Mar. 3,1925000 Apr. 17,1925000 M a y 14,1925
30,000 M a y150,000 Mi250,000 June200,000 Oct,50,
200,
16,ay 22,1925
24,19251,1925
000 Oct. 10,1925000 Nov. 7,1925
), 000 J
000 Nov. 25,1925000 Dec. 5,1925
an. 16,192618,1926
000 May 13,1926000 June 4,1926000 July 23,1926
doAug. 20,1926
4,1926000 Sept. 10,1926000 Sept. 23,1926
50,50,
200,100,000 Ja]50,100,25,50,00025,00025, 000 Sept,
iool100, 000 Oct. 18,1926
50,000 N o v50,000 N o v50,000 N o v25,000 Dec.50,000 Dec.50,000 Dec.25,000 Dec.25,000 Jan.25,000 Jan.85,000 Jan.25,000 Feb.50,000 Feb.50,00025, 000
50,000
15,192629,192630,19261,19263.192610,192617.19264.192721.192731,192710,192718,1927
do.Feb. 21,1927
-do..50,000 Mar. 7,1927300,000 Mar. 26,1927100,000'Mar. 31,1927
Dollars814, 783
310,050165,06763, 740
926, 97245,048125, 681
1, 748, 843337, 212938, 783
1, 473, 857
365, 514
209, 28726,919
597, 405566, 624
1, 916, 328975, 738
165,4541,360,861686,888
2, 539, 75770, 957
1, 619,895
249,09275, 744
1, 828,891266, 406535, 529229, 374135, 932150, 31433, 33474, 286656, 612278, 992
308, 687
246,562327,80033,86064,314
568, 348122, 24148,872136,446129,615112, 59567,100523,039426, 298241, 396
174,063266,910
Dollars2, 013, 406
270, 200102, 694
1, 226, 912175, 69:113, 962746, 250428, 03"851,487
2, 307, 203
351,033
93, 64152, 930
223, 9235,820
743, 757497, 425
104, 95487,000
1, 451, 8261, 397, 671306, 034420, 098
193, 265322, 513293,071545, 797377, 004277, 776128, 487137,14092, 297168, 389885, 553658, 287
309, 764
165, 347261,480143, 75170, 332
454, 379110, 20697,747153,619131, 605201,321138, 357438,98380, 065110,423
145,:163,121
512, 727 498,470
Footnotes at end of table, pp. 448 and 449,Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 335
1934, dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 31, 1934
Bookvalue ofassets atdate offailure,
estimatedworthless
Addi-tionalassets
receivedsince dateof failure
Totalassess-mentuponshare-holders
Total assetsand stock
assessment
Progress of liquidation to date of this report
Cash col-lections
from assets
Cash col-lections
fromstockassess-ment
Receiver-ship earn-ings, cash
collec-tions frominterest,premi-
ums, rent,etc.
UnpaidbalanceR. F. C.
loan
Offsetsallowed
andsettled
Dollar,130,499
27,210309, 219205, 526548,872211, 36874,918
458, 547381, 524265, 511833, 221
164, 452
Dollar,1, 993, 274
42, 70849,4445,'
146,38544, 40838, 901169, 50968, 264
213, 677107, 544
14, 082
Dollars200, 000
50, 000150, 00035,000200, 00050, 00025, 000150, 000100, 00065, 000300,000
200, 000
Dollars5,151,962
510, 867943 930412, 758
3, 049,141526, 521378, 462
3, 273,1491, 315,0372, 3 4,4585,021,825
1, 095,081
Dollars1, 529,108
421, 448222,177142, 490591,849225,049147, 385
1, 566,851425, 765
1, 001, 5172, 246, 036
528, 374
Dollars149, 320
25,18158, 775
3,900107,932
9,8639,041
52, 586100, 00027,058
172,880
100, 706
Dollars78, 824
20, 46374,12415, 37576, 58750, 64221,134132, 46464, 500128,375227,193
22,466
Dollars Dollar,546, 326
12,'17, 20211, 244
833,13542, 31818, 308
387, 23144, 20084, 855
509, 470
32,929
549656667670743744746756781799
813816846869887
918
919922928939941948
9559599759779981004101810191024102610271031
1037
10491060106110631064107010721079109510981105110611081110
1111111511231128
69,001105, 961351,952
27585,896524, 290
29, 654208, 973398, 048962, 987198, 315568, 726
17, 21574, 285441,108153,382227, 526198, 0773,151
34, 36484, 36927, 06567, 493436,698
193, 358
47, 850198, 54375, 54734,49094,463108,10013, 99961,80118,14824,87719, 75926,337248,46139, 348
122, 59028,015
47, 04718, 79147,491293,164157,02824, 814
1,0176,383
118,162337, 6005,146
245,421
40, 92820, 86623, 89825, 058
365, 74910,14, 38035,11218, 87333, 817174, 033321, 587
28,153
60, 88472, 39259, 2471,196
32,95535,072
21925,71113, 41420, 01529, 40491,00920,7796,628
27,09615,325
188,005 43, 428
35,00050,000100, 00050, 000400,000100,000
30, 000150, 000250, 000200, 00050, 000
200, 000
50, 00050, 000
200, 000100, 00050, 000100, 00025, 00050,00025, 00025, 00075, 000100, 000
100, 000
50, 00050,00050,00025,00050,00050,00025,00025,00025,00085, 00025,00050,00050,00025, 000
50,00050,000300,000100,000
453,976254, 601
1, 320, 771915, 635
3, 803, 0092,122, 267
331,0791, 813, 2172, 904, 9245, 438,015
630, 4523, 054,140
550, 500543, 408
2, 786, 9681, 090, 6431, 555, 808815, 726306, 950406, 930253, 873328, 557
1, 858, 6911, 795, 564
939, 962
570, 643910, 215362,405195, 332
1, 200,145425.619185,837402,577317,782443,808279.620
1,129, 368825,603422, 795
519,118523,371300,000
1, 342,630
147,93169,133677,005512, 830
1, 898, 8811, 202, 483
119,1191,119, 7051,138, 8072, 852, 464163, 624
1, 898, 437
209,289185, 800
1, 547, 719443,122624, 937357,108142, 926188,06152, 83587,517
907, 050863,117
314,662
274, 337330,03254, 32892,453802,920181, 55290, 294213,750187, 318201, 003141,722668,889396,592225,081
257, 560251,035
751, 632
1,28420,85043, 21144,500
315, 72083, 471
11, 30291, 464165, 06089, 42123, 099145, 736
30, 81712, 39338,31886, 50850, 00057, 48011,35923, 8296,50011, 33021, 70649, 239
75, 443
14, 90923,8307,75921,19740, 38130, 54114, 38825,0006,614
67, 68311,11831,40819,84523, 275
21, 98427, 517282, 70063, 272
7,0617,493
82, 23738, 781
133, 39456, 267
26, 73930, 50691, (
212, 00235, 024101, 430
28, 68025, 67166, 71953, 90364, 96029, 74313, 41219, 7928,91527, 72074, 49663, 482
42, 453
33, 86729,6608,66214, 24564,27619,8003,16328,97925, 57745, 01518,14068,11640, 74020,945
24,45228, 2701,78757,120
17, 64641, 82860, 260199, 638346,15164,163
20,365103, 676126, 385649, 07621, 855311,556
49,98724, 394
309, 36331, 62992, 76530,17110, 46727, ''"23,07116, 344
137,09395, 335
99, 732
28, 27764, 5777 1 , ;• • -
13, 08292,12432, 6755,81436,07119,03617, 47110,74568,83331,98120,044
16,4133, 089
71,896
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
336 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. SI,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and1934—Continued
469
549656667670743744746756781799
8138168468698878QQ909918
919922928939941948
9559599759779Q8
1004101810191024102610271031
1037
10491060106110631064107010721079109510981105110611081110
mi111511231128
Progress of liquidation to date of this report—Continued
Total col-lectionsfrom allsources,
includingoffsets al-lowed and
unpaidbalanceR. F. C.
loan
Dollars2,303,578
480,000372,278173,009
1, 609, 503327,872195,868
2,139,132634, 465
1,241,8053,155,579
684, 475
173,922139, 304862, 713795,749
2, 694,1461,406, 384
177, 5251, 345, 3511,521,8713,802.963
243,6022, 457,159
318, 773248,258
1,962,119615, 162832,662474, 502178,164258, 77891,321
142,9111,140, 3451,071,173
532, 290
351,390448,099142, 297140, 977999, 701264, 568113, 659303,800238, 545331,172181, 725837, 246489,158289, 345
320, 413339,911284. 487943,920
Loss onassets com-poundedor soldunder
order ofcourt
Dollars2,756,181
26, 51135, 359
131, 2811,421, 563
209,154184,455
1, 169, 067745,072
1,120,115684,793
294,484
253,39993,640
416,387153,167
1,157,977414.335
140,706240,964327,719
1, 711, 578394, 973644,147
205, 356283, 214724, 295515,892429,181
13,19557,358
141,773141, 248199,696484, 370227, 543
149,425
218,029465, 606186, 52964, 699
255,101129, 75415,115
127, 75685, 92527, 750
102,153243,535323, 295
579
195,14133,777
159, 728
Book valueof remain-ing uncol-
lectedassets
Dollars120, 347
519,19292, 7432,594
3,314
62, 9711, 281, 526
39, 294
67,119
341, 286
20, 889198,872
1, 062,01324,897
35,868
5,591
358,925315, 25271,199
11, 719
255,178509, 569
276,143
98
31, 63849, 614
503112, 584
98, 11123, 735
152,091
155,470
259,374
Bookvalue ofremain-ing un-
collectedstock as-sessment
Dollars50,680
24 81991,22531,10092,06840,13715,95997,414
37, 942127,120
99, 294
33, 71629,15056, 7895,500
84, 28016, 529
18, 69858, 53684, 940
110,57926,90154,264
19,18337, 607
161,68213,492
42, 52013, 64126,17118, 50013,67053,29450,761
24, 557
35,09126,17042, 2413,8039,619
19, 45910,612
18, 38617, 31713,88218, 59230,155
1,725
28, 01622, 48317, 30036, 728
Bookvalue ofassets
returnedto share-holders'agents
Dollars
Disposition of proceeds of liquidation
Conservators'distributions
To se-cured
creditors
Dollars
To un-securedcreditors
Dollars
Dividends paidby receivers
On se-curedclaims
Dollars
22510, 7402,906
37,8559,0053,524
56, 66772, 6639,610
11, 650
6,7148 16, 425
i
86, 507
8,01518,499
8, 5985,430
2,00023,831
5,3661,1701,883
7, 565868317
10,712
928
On un-securedclaims
Dollars1,286,325
350,16498,8968,501
384,151151,08978,306
959,397116, 621259,994
1,437,432
374,775
10,16755, 434
357, 762445,577
8 1,103,9541,189,114
41, 621186, 297473, 282
2,231,71953, 070
1, 255, 273
73, 20648, 451
1,452, 248387,180241,834142, 391119,685110, 00928,42744, 282
667,385504,880
268,607
147,648222,056
9,53592,018
625, 529131,18238, 307
132,081175, 376233, 29292,136
597, 627206,483191, 420
219, 420276, 733274,000621,998
Footnotes at end of table, pp . 448 and 449.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 337
1934, dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from, all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 31,
Disposition of proceeds of liquidation—Continued
Securedand pre-
ferredliabili-
ties paidexcept
throughdivi-
dends, in-cludingoffsets
allowed
Cash ad-vancedin pro-tectionof assets
Conser-vators'
ex-penses
Receiv-ers' sal-aries,
legal andother
expenses
Cash inhands
of comp-trollerand re-ceivers
Amountreturnedto share-holdersin cash
Amountof claimsproved
Divi-dends(per-cent)
Interestdivi-
dends(per-cent)
Date finallyclosed or
restored tosolvency
Dollars754,094
34,228107,131129,330
1,041,44888,16465, 538
946, 584394, 557730,952
1, 509,318
231,196
Dollars80,660
2,81229,578
V
Dollars
12,4572,107
15,6415,490
23,36222,026
10,935
Dollars135,598
92,571109,52824,733
132,32567,15730,321
217, 51061,130
Dollars46,901
Dollars
16,4056,276
13,724
"I6,"O72
99,374143,844
61,957
55,46033,349
5,612
Dollan1,570,643
350, 398511, 531287,164
1, 655, 640309,365223, 699
1,906, 571977,162
1, 518,3432,850, 591
75
100204
2548. 0953550. 001817.512149
80
M a y 7,1934
N o v . 27,1933
Aug. 10,1934N o v . 29,1933
469
549656667670743744746756781799
813816
887
909918
919922
939941
136,91363,794334,481293,14;"
1,376,048137,010
90.5641,074,032701, 790
1,240, 682138,457
1,063,988
167,840134,488348,430137,712410, Q07245,41124,127113,17541,62156,607316,539428,463
186,578
52,596172,667115,47127,339293,38179.56544,775120,99'24,38927,04061,103139,880155,15546,779
51,96:33,688
3582,80340,910
75693,0502,517
14,834
6,575144,88619,1776,3057,452
33,8256,595244
27,51764,5001,9805,4091,168
1,90732,58928,256
778
1,1888,052
2,54317,5449,4067,485274
2,29411,0784,1415,2069,6345,682
11,21:941
169,936 27,890
17, 273105,72049, 55772,89663, 220
36,29255,92597,873215, 65837, 755111, 947
35,28942,939124,14662,753103,34157,47921,11728,62915,44438,232110,54195,835
55,716
42,39336,45516,97415,14063,24726,29715,95639,73626,21651,22223,41"78,97762,17635,369
37,81324,4222,63379,758
23,840
1,77314,523
9,04822, 52217, 53395, 727
1510,35537,051
10,9803,4107,826431
4,659
13,29113,739
20,611
8,001
3,937
7,136
~l6~2708,540
15,55655,71010,095
4,1277,85444,338
298,42273,718744,897502,918
1,091,6891,651,154
180,939414,095
1,843,1643,705,924444,028
1, 373,309
244,640316,856
1,961,032712,616601,589361,690230,122167,743147,430190,642
1,249,4541,029,129
526,002
242,334557,40187,344115,031790,978199,477109,455209,849232,168245,556147,912796,470516,299294,492
345,370327,505301,754956,877
7.375.24888. 60410072
2345296013.47491.345
29157453.80940405265. 58881723.8953
50
60.584011.288078.697653561.2739562.147754065
63.53284.590.865
M a y 9,1'Oct. 26,1934
Sept. 26,1934
Oct.uly
8,19343,1934
Apr. 24,1934
Dec. 11,1933
9559599759779981004101810191024102610271031
1037
0491060
J u l y 25,193410611063
Sept . 21,1934 1064.10701072
Aug. 8,19341079
Oct7~31,~i93
Aug. 16,1934
Oct. 31,1934
109510981105110611081110
1111111511231128
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
338 REPORT OF THE COMPTROLLER OF TH^ CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. 31,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and193J+—Continued
Name and location of banksCapitalstock atdate offailure
Date re-ceiver ap-pointed
Book valueof assets
at date offailure,
estimatedgood
Book valueof assets
at date offailure,
estimateddoubtful
1140
1141114411511152115611571177117911861187118912011208121012131214122212251227122812311232123512391241124212431245124712491253
12551256125712581259
12611263126412651266126712691270127312761277
1279128012811282128312841285128712881290
Farmers & Merchants National Bank, Alcester,S. Dak.
First National Bank, Grafton, N. DakFirst National Bank, Chowchilla, CalifPeoples National Bank, Waukon, IowaFirst National Bank, East Grand Forks, Minn.First National Bank, Bishop, CalifCitizens National Bank, Waynesburg, PaFirst National Bank, New Cumberland, W. Va.First National Bank, Checotah, OklaNew Georgia National Bank, Albany, GaFirst National Bank, Minnewaukan, N. Dak__.First National Bank, Mullens, W. VaAstoria National Bank, Astoria, OregFirst National Bank, Carrington, N. DakFirst National Bank, Toronto, S. DakCommercial National Bank, Statesville, N. C_..First National Bank, Bristow, OklaFirst National Bank, Arcadia, IndFirst National Bank, Calexico, CalifFirst National Bank, Plainview, NebrLake County National Bank, Madison, S. Dak.First National Bank, Dublin, GaFirst National Bank, Aledo, 111Carolina National Bank, Darlington, S. CFirst National Bank, Cheraw, S. CFarmers National Bank, Wakefield, NebrFourth National Bank, Macon, GaFirst National Bank, Richland Center, WisFirst National Bank, Warren, IndCass County National Bank, Casselton, N. Dak.Peoples National Bank, Middletown, DelFirst and Moorhead National Bank, Moorhead,
Minn.First National Bank, Frisco, TexFirst National Bank, Kingsbury, TexFirst National Bank, Coleridge, NebrExchange National Bank, Spokane, WashFirst-Exchange National Bank, Coeur d'Alene,
Idaho.Minneapolis National Bank, Minneapolis, Kans.First National Bank, Manchester, IowaCitizens National Bank, Hope, IndFirst National Bank, Avon Park, FlaFirst National Bank, Punta Gorda, FlaFirst National Bank, Bixby, OklaCarlton National Bank, Wauchula, FlaFirst National Bank, Rockford, IowaNational Bank of Larimore, Larimore, N. Dak..First National Bank, Sandersville, GaNational Bank of Emmetsburg, Emmetsburg,
Iowa.First National Bank, Sanborn, N. DakPeoples National Bank, Adena, OhioReed City National Bank, Reed City, MichFirst National Bank, Ruthven, IowaFirst National Bank, Sebring, FlaFirst National Bank, Lakeland, FlaFirst National Bank, Auburndale, FlaFirst National Bank, Shinnston, W. VaFirst National Bank, Aneta, N. DakFirst National Bank in Langdon, Langdon,
N. Dak.
Dollars50,000 May. 17,192750,000 May25, 000 7 "
125, 00050,000 July50,000 :
500,00050,000 Nov50,000 Dec,
200,000 Jan,25,000 Jan25,000 J;
200,000 Feb.50,000 Mar,
Apr.25,000100,00050,00025,000 July
300,000 July40,00075,000
200,000 Si50,000
100,000 Nov50,000 No^50,000 No'
500,00050, 00025,000 Dec,25,000 Dec80,000 Di
150,000 Dec.
_.„„ 25,1927May 28,1927Tuly 19,1927July 28,1927Aug. 15,1927Aug. 17,1927
21.19271.19274.19286,192816.192824,192826,1928
._.. 3,1928Apr. 19,1928Apr. 25,1928
3,1928__„ 24,1928Aug. 22,1928Aug. 29,1928Sept. 24,1928Sept. 27,1928Nov. 2,1928Nov. 14,1928Nov. 21,1928Nov. 26,1928
do7,1928
„. 10,1928>ec. 14,1928
24,1928
25,000 Dec.25,000 Ja40, 000;
1,000, 000 Jan
31.192810.1929
3 Jan. 12,192918,1929
100, 000 Jan. 19,1929
60, 00050, 000
Feb.Feb.
30,000 Feb.Feb.Feb"Feb.Feb.
100, 00050, 00025, 00050, 00050, 00025, 000 Mar
MarMar
50, 00060, 000
25, 000
9,192913,192915,192918,1929do20,192921,192923,19295,192914,192915,1929
Apr. 10,192950, 000 Apr. 13,1929
"ay 2,1929do
ay 4,1929May 15,1929
do
25, 000 M25, 000
100, 000 M:100, 000
50, 00090,00025,000 Ju50,000 J
May 22,19293,1929
une 14,1929
Dollars136,778
227,72443,31698, 784279,559306,184
3,369,712115, 516186, 513568,49183,262149,568
1,296,51579, 23595,992769,917380, 301122,205846, 745117, 512238,383277,770421, 553248,06660, 535187,282
8,123,464153,637105,789187,197399,828
1, 268,833
46, 20233,998128,618
7, 277, 683804, 625
142, 500301, 745169,120181, 452165, 603108, 968196,45543,17263, 23877, 510
303, 761
50, 910296, 523189, 75285, 76485, 097731, 968109,458,88735,134113, 710
Dollars240,680
450,675155,469473,901215,106330,4S6
1,841,822161,39281,455633,46093,81087,107953,690291,387109, 552195,038245,257102,141151, 541229,458196, 325911,43998,004361,998131, 274264,963
1,070,097463,14463,659140,485195,906813,433
30,13542, 033132, 545
1,194, 550211, 021
274,462301, 588150, 469274, 513261,90371, 598275,89390, 652102, 306378, 082441, 319
56, 235325,16859, 678142, 649232, 666
1, 315, 256236, 338456, 963152,126173, 490
Footnotes at end of table, pp. 448 and 449.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 339
1934, dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 31,
Bookvalue ofassets atdate offailure,
estimatedworthless
Dollars97,892
260, 77562, 428
223,91645,60991,002
479, 048392,001
42, 363318,088
4,69122, 244
445, 39960, 29720, 578
106,71873,17712, 554
106,19141, 285
103, 740561,448
97, C "115, 736110, 309112,196938,815204,104
32, 76834,873
119, 051184, 253
16,6018,25y6,547
1, 492, 69f125, 96:
280, 8885, 37344, 256
131, 038100, 670
27, 20355,126
112, 83312, 04272.13542,345
21712, 6097,747
138236, 331293, 81482, 26776, 07354, 92311, 430
Addi-tionalassets
receivedsince dateof failure
Dollars68.433
25,82918,16165,23834,967
257,929502,434
34,8206,952
295, 61622, 2175,067
51, 67093,89081,914804,846115,71531, 390339, 06734,98612.43450,8429,03578,29328,95958, 570131,960142, 8779,889
39, 03132, 22360,063
17,87918, 32266, 866715,1242,749
98, 88548, 03780. 86924, 74217, 4375,732
23. 41866, 06125, 37716, 8039,962
44, 44015, 88626, 48;43, 20616, 251
167, 45055, 44924,12019, 9381, 312
Totalassess-mentuponshare-holders
Total assetsand stock
assessment
Dollar,50,000
50,00025,000125,00050,00050,000
50,00050,000200,00025,00025,000
200,00050,00025,000100,00050, 00025,000
40,00075,000200,00050,000100,00050,00050,000500,00050,00025,00025,00080, 000150,000
25,00025,00040,000
1,000,000100, 000
60, 00050,00030, 000100, 00050, 00025, 00050, 00050, 00025, 00050, 00060,000
25, 00050, 00025, 00025, 000100, 000100, 00050, 00090, 00025, 00050, 000
Dollars593,783
1, 015,003304, 374986,839625, 241
1,035, 6016,193, 016
753, 729367,283
2, 015, 655228. T "288.986
2,947, 274574,809333,036
1,976,519864, 450293, 290
1, 443, 544463, 241625, 882
2,001, 499676, 291904, 093381, 077673,011
10,764,3361,013, 762237,105426, 586827,008
2, 476, 582
135,81127, 612374, 576
11, 680, 04'1, 244, 362
856, 728786, 743474, 714711, 745595, 613238, 501600, 892362, 718227, 963594, 530857, 41
176, 802700,186308, 664296, 757670. 345
2, 608, 488533, 721
1,106,043287,121349, 942
Progress of liquidation to date of this report
Cash col-lections
from assets
Dollars301,079
459, 036196,139293,000390, 608480,093
4, 073, 263139,003220, 562693,075103.141154, 252
1, 611,408211,145145.142792, 279396,900176,138
1,412,131193,10"291,047812, 346373,730361,19585, 902388,911
7,301,991270, 592122,850230,706387,101
1, 298, "
42, 43950, 049194, 093
7, 387, 881805, 752
235, 830413, 816317, 089232,165276, 768137, 509235. 662147', 62299, 022
223, 791381, 201
64,04'405,170103, 274164, 474226, 244961, 346106, 575590, 961109, 542105, 056
Cash col-lections
fromstockassess-ment
Receiver-ship earn-ings, cash
collec-tions frominterest,premi-
ums, rent,etc.
Dollars28,855
30, 26010, 25'107,55615,8739,828
14, 74810,870175, 65017, 2642, 526
124, 77319, 6668,81772,6587,00018,154
8,03953,07179, 36933,04346, 27823,64411.865
283,11842, 585
60017,87768. 34979,804
4,30810, 40032, 407
664, 44533, 660
47, 61242,12124,13823, 69321, 2443,720
36, 5596,0613, 83111,02443, 359
7, 69735, 20011, 77612, 69020, 45329, 5039,259
83, 60216, 20027, 054
Dollars32,449
22,19418,52446,28336,85152, 408134,21514.79623,19468,14716,4496,034
117,74434,89114,59652, 68331,60011,13744,13012, 25833,43235,94029,92126, 5606, 562
30,975184,84167,52911, 20027, 32713, 22653,479
4,9854,38014, 654
239, 48035, 249
22, 03937, 02115, 72135. 45112, 7049, 94314, 7246,9289,40:13, 36823, 772
7,89317, 60(6,8409, 5858,021
24, 8118.925
49. 87714,18627, 497
UnpaidbalanceR. F. C.
loan
Dollars
G, 000
1,400
13, 70026, 600
1,400
Offsetsallowed
andsettled
Dollars26,522
43,61328,01556,47828,688
136, 600
48, 58312,96450,83313,80525,853117,87332,4949,881
160,33636,1619,51310, 74116,19146,345105,85830, 63595, 64130,21639, 676980,06243,42210,66825,55717,702
142, 524
4,15919, 57042, 675800, 29195, 683
45, 55836, 84829, 22728, 70051,51519,05242, 9799,63219, 58618, 41260, 918
3,4'25, 56414,16710, 89157, 427
255, 39845,11061, 76421, 27412, 897
1140
1141114411511152115611571177117911861187118912011208121012131214122212251227122812311232123512391241124212431245124712491253
12551256125712581259
12611263126412051266126712691270127312761277
1279128012811282128312841285128712881290
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
340 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. 81,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and1934—Continued
1140
11411144115111521156115711771179118611871189120112081210121312141222122512271228123112321235123912411242124312451247124912531255
1256125712581259
12611263126412651266126712691270127312761277
1279128012811282128312841285128712881290
Progress of liquidation to date of this report—Continued
Total col-lectionsfrom allsources,
includingoffsets al-lowed and
unpaidbalanceR. F. C.
loan
Dollars388,905
555,103252, 935503,317472,020678,929
4, 207,478217,130267,590987, 705150, 659188,665
1, 971, 798298,196178, 436
1,077, 956471,661214,942
1,467, 002229, 595423, 895
1,033, 513467, 329529, 674146, 324471, 427
8, 750,012424,128145, 318301,467486,378
1, 574,40255,891
84,399283,829
9,092,097970,344
351,039535,806386,175320,009362,231171,624329,924170, 243131,846266,595509,250
83,115483, 534136,057197,640312,145
1,271,058183,569812,804162,602172,504
Loss onassets com-poundedor soldunder
order ofcourt
Dollars67,932
1397,610
55, 221512,36169,161
112, 951589,57130, 739
4,813452, 788
19, 63645
276, 41726, 641
153, 013650,032
2,80017,35820,672
213,943213,49087, 36610,88473,06122, 532
194,424961,025479,058
28,02545, 743
342, 205453, 443
64, 219
32,99397,808
324,26666, 228
130,57761,57698,39886,08042,537
726103,67750,50737,86610,843
134,119
84, 27710,37930,98930, 71699,954
235,36215,0735,1188,1317,688
Book valueof remain-ing uncol-
lectedassets
Dollars148, 250
64, 743
86, 783255,957
1, 530,182485, 404
78, 944618, 95967,39883,836
741, 576254,529
273,872378, 589
65, 281
795, 929211,042274,196192, 427
1, 021, 258170, 69050, 56299, 580
432,020
2,167, 609176,699
384,763224, 503
264,800174, 79356, 214
168, 574104,95746,489
291,484221,179
209,073135,23465,676
186,7201, 056,382
316,96335S,200123,174174,301
Bookvalue ofremain-ing un-
collectedstock as-sessment
Dollars21,145
19,74014, 74317,44434,12740,172
35,25239,13024, 350
7,73622,47475, 22730, 33416,18327,34243,0006,846
31, 96121, 929
120. 63116, 95753, 72226, 35638,135
216,8827,415
24,4007,123
11, 65170,19620, 692
14,6007,593
335,55566, 340
12,3887,8795,862
76, 30728,75621, 28013,44143,93921,16938,97616, 641
17, 30314,80013, 22412,31079,54770,49740,741
6,3988,800
22,946
Bookvalue ofassets
returnedto share-holders'agents
Dollars
Disposition of proceeds of liquidation
Conservators'distributions
To se-cured
creditors
Dollars
To un-securedcreditors
Dollars
Dividends paidby receivers
On se-curedclaims
Dollars
9,524
77,802
3,594
11,9112,4764,125
5681, 772
6,22225,855
1,8007,199
8 32,430
9,19527, 664
8 36, 555
8 5,149,6248 7,979
13,589
9,343
13,845
29,009
19, 5408 129,919
9,111
6,9125,718
On un-securedclaims
Dollars269,816
450,755149,862322,819297, 791381,502
9 4,073,49665,03688, 684
257,641113,33184,001
1,055,65785,84088,810
494,607148,986141,129
91, 257275, 799143,169253, 239221, 55366, 366
341,1148 5,535,794
191,009107,042185, 227250,089
8 864, 71333, 353
22, 587131,083
81,293,1918 611,997
115,480388, 353282,27470,186
247, 52172, 549
160, 30393,99186,27129,981
375, 777
46, 304245,45459,136
123, 61956, 036
8 443,90533,593
610,89268, 26327, 316
Footnotes at end of table, pp. 448 and 449,Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPOET OF THE COMPTROLLER OF THE CURRENCY 3411934, dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 81,
Disposition of proceeds of liquidation—Continued
Securedand pre-
ferredliabili-
ties paidexcept
throughdivi-
dends, in-cludingoffsets
allowed
Dollars70,536
43,85979,153115,51694,705185,9323,367
101,434132,040559,39616,37473,082741.667127,57156,577397.668254,73750,751
1,401,512116,306105, 294802,642138, 554247,67549, 582108, 745
2,872,74273,74417,38872,895168,801535, 25114,178
34,367133,298
2,282,680314,287
78, 69899,27956,865156,11769,68572,947119,23748, 56924, 208158,69362,100
22,159155,76841,865
191,523569,332105,055137,72354,33496,891
Cash ad-vancedin pro-tection
of assets
Dollars2,258
2,04014,2395,329
26627,309
812,832
13,24492238
3,13628,583I V18,7682,3161,712
25,7421,503
25,021
24,6664,846
183
36,16752, 564
1,2423,734
11, 598
233
97,621600
23, 53713,0398,436
27,7766,451
980704
3,1161,9464,230
15330, 231
1035,0197,003
36,4215,928
16,298
3|6o5
Conser-vators'
ex-penses
Dollars
Receiv-ers' sal-aries,
legal andother
expenses
Dollars39,447
38,04521,88050,74339,83971,09079,70729,69738,00459,14916,47417,382
111, 04541,75718,63498,94650,86016,97739,74820,52936,57849,76438,09537,53216,50621,568
187,65168,46419,54028,05436,09057,0578,360
27,21219,448169,47334,171
41,45630,14538,60045,28830,53821,91928,93119,46915,50928,14848,634
10,97036,85626,13113,24529,85866,99429,60344,12022,66231,376
Cash inhands
of comp-trollerand re-ceivers
Dollars6,848
22,444
24,83240,13923,59920,8826,03020,4733,55810, 56860, 2932,534
63,84214,1942,601
7,06212,77516,268
85,22838,347
4,854
69,228
99,5081,310
78,2794,990
11, 2998,0363,2296,9045,0983,91216,53422,739
3,52915,2258,82218,8718,18524,487
2793,7712,5357,548
Amountreturnedto share-holdersin cash
Dollars
Amountof claimsproved
Dollan359,770
819,554167,321490,217415,763762,832
4,073,496551,163126,695
153,158152,878
1,757,772231, 519165,530897,247423,870160,397
222,150350,254703,779423,819540,711262,378397,936
6,479,482763,483184,611246,084514,268
1,487,93851,511
55,560142,058
6,508,095
505,393517,883369,028312.379385,861105,143352,381144,628141.380393, 279625,429
56, 799444,088200,406183,584222,786
1,738,063284,711814,523170,634136,363
Divi-dends(per-cent)
75
5589.5364.397350
1001270407455603753.635535
41.0876. 7362060452885.722
8 8425587056.833
85864.75
40.65592. 277
8 998 87.5
257576.482564694565601560
55296725
8 3215754020
Interestdivi-dends(per-cent)
Mar. 6,1934June 5,1934
M a y 17,1934
Date finallyclosed or
restored tosolvency
Feb. 19,1934M a y 28,1934June 19,1934
M a y 29,1934
Jan. 4,1934
Jan. 29,1934
Oct. 8,1934Apr. 25,1934
Oct. 31,1934
1140
11411144115111521156115711771179118611871189120112081210121312141222122512271228123112321235123912411242124312451247124912531255
1256125712581259
12611263126412651266126712691270127312761277
1279128012811282128312841285128712881290
106093—-35Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
342 KEPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended OcU 31,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and1934—Continued
Name and location of banksCapitalstock atdate offailure
Date re-ceiver ap-pointed
Book valueof assets
at date offailure,
estimatedgood
Book valueof assets
at date offailure,
estimateddoubtful
12911292129312941295
129612971298130013021304130713081309131213131314131713191320132113221323132413251327132813291330133113321333133413351337133813391342134313441345134613471348134913501351
135213531355135613591360136113621363136413661367
1370
First National Bank, Mayville, N . DakPolk County National Bank in Bartow, FlaEast Alabama National Bank, Eufaula, AlaNational Bank of Newberry, Newberry, S. C.._South Pasadena National Bank, South Pasa-
dena, Calif.First National Bank, McHenry, N. DakFirst National Bank, DeLand, FlaFirst National Bank, Sanford, FlaFirst National Bank, St. Augustine, Fla.Miners National Bank, Blossburg, PaFirst National Bank, Maquon, 111First National Bank, Montezuma, IowaFirst National Bank, Eldorado Springs, MoFirst National Bank, Delta, ColoFirst National Bank, Taylorville, 111First National Bank, New Bern, N . CFirst National Bank, Clarksville, ArkFirst National Bank, Tower City, N. DakFirst National Bank, Grundy, VaCarolina National Bank, Spartanburg, S. CFirst National Bank, Greeley, NebrFirst National Bank in Mount Sterling, 111First National Bank, Samson, AlaFirst National Bank, Seward, PaFirst National Bank, Florala, AlaFirst National Bank, Bishopville, S. CFirst National Bank, Burlington Junction, M o .Dothan National Bank, Dothan, AlaFirst National Bank, Humphrey, NebrTexas National Bank, Fort Worth, Tex._First National Bank, Northwood, N . DakFirst National Bank of Royse, Royse City, Tex.First National Bank, Ennis, TexFirst National Bank, Roy, MontFirst National Bank, Brantley, AlaFirst National Bank, Gaffney, S. CFirst National Bank, Ambrose, N. DakAmerican National Bank, Kewanna, IndFirst National Bank, Tranquillity, CalifFirst National Bank, Milford, 111First National Bank, Tallassee, Ala 1First National Bank, Edmore, N. DakCommercial National Bank, Chatsworth, 111Citizens National Bank, Streeter, N. DakFirst National Bank, Rising Star, Tex.First National Bank, Coffee Springs, AlaCommercial National Bank, Independence,
Kans.Security National Bank, Cherokee, Iowa _First National Bank, Hazard, Ky.'Peoples First National Bank, White Hall, 111. _ _First National Bank, Wanette, OklaPana National Bank, Pana, 111Farmers National Bank, Oskaloosa, Iowa iNational Bank of Tifton, Tifton, GaState National Bank, Idabel, Okla—Saunders County National Bank, Wahoo, Nebr .First National Bank, Pineville, W. VaFirst National Bank, Jasper, FlaNational Loan & Exchange Bank, Greenwood,
S. C.First National Bank, St. Petersburg, Fla
Dollars50,000
200, 000 J100, 000 J100, 000100, 000
une 25,1929une 28,1929uly 1,1929
do"uly 2,1929
uly 3,1929uly 12,1929uly 15,1929uly 25,1929
50,000 July 30,192935, 000 Aug. 14,192950,000 Sept. 16,192950,000 Sept.23,192950, 000 Sept.25,1929
25, 000100, 000150, 000130, 000
200, 000150, 000100,000 N<r25,000 Dec,50,000 Dec.
200,000 Dec.25,00050,000
100,000 Ji50,000 Jan
25,000 Jan100,000 Jan100,000 Jan.25,000 Jan.400,000 Jan.35,000
Oct. 18,1929Oct. 26,1929" v. 18,1929
10,192913,192930.1929do7,19308,193010.193013,193018,193022,193030,1930do
500,000 Feb. 4,193050,000 Feb. 5,193050,000 Feb. 11,1930100,000 do25,000 do50,000 Feb. 17,1930150,000 do.25,00025,00050,000
Feb. 20,1930Feb. 25,1930Feb. 27,1930
4,193025| 000 Mar. 6,1930
8,1930. ) — - doi, 000 Mar. 10,1930
25,000 Mar. 12,193025,000 Mar. 13,1930250,000 Mar. 14,1930
50,000 Mar.>, 000 Mar.
25,000 Mar.40,00025, C "
50,000 Mar.100,000 Mar.100,000 Mar.25,000 Mar.
100,000 Apr.100,000 Apr.100,000 Apr.50,000 Apr.50,00025,000
Ap;. )May
30,000 May100,000 May
17,193018,193020,193024,19301,19309,1930
12.193019,193022,19301,1930
13,193016,1930
Dollan78,536
413, 486234, 813409, 892519, 063
7, 051411, 626535, 531812, 843695, 771118, 657149, 375105, 651203,840841, 377528, 445236, 32138,795106,095413,96760, 769236, 63040,35547,834118, 770
142,168784, 467179, 795
4, 418,26464,37672, 535280,84529,14453,359
1,022, 25164,838157,941190, 440215, 47"151, 60641,616213,64346,040122, 54232, 128
3,858, 565
13,40737, 655241, 37478,007318, 034
600,000 June 9,1930
307,01'189, 627116, 038154, 867201,856202,160
1, 977, 477
Dollars134,102885, 600
700^ 759131, 400
50, 573877, 755
1, 203, 5861,164, 714378, 26659,176298, 984133,113307, 531525,88"
1, 244, 289150, 75763, 549115,938509,959212,11159, 21387,801121, 635289, 76:494.952134, 840611, 76"133, 521
2, 070, 569236,11256,024269,10250, 62"112, 645409,04446,35173, 27094, 744149,089105,95679,317167,012151, 038105,94238, 072
1, 416, 427
105,90657, 212307, 646127,487553,102
249, 399125, 644446, 665118,46427, 95:763,742
3,905, 656
Footnotes~at~end]of table, pp. 448 and^449.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
EEPORT OF THE COMPTROLLEE OF THE CURRENCY 343
193//-, dales of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 81,
Bookvalue ofassets atdate offailure,
estimatedworthless
Dollars18, 299
730, 857276, 029231, 915146,441
41,094326, 74.390,535526,181263,68316, 354116,382163, 55390, 903207,807218, 871152,0093,901
37, 391387, 33058, 973
532, 793118, 00163,127113, 419122, 25658, 242343, 09269, 618294,18639, 89781, 64955,16522, 67929, 591220,84710, 76122, 22166, 88272, 97327, 36742,17141, 71240, 5163,3419,462
525, 912
78, 737119,12217, 21128, 45534, 792
116, 50267, 638
249, 68858,138
199222, 790
394,067
Addi-tionalassets
receivedsince dateof failure
Dollars27,03064, 398
150,81919, 64386,345
613186,07.130,086153,0640,4591,589
67, 7987,111
45, 28465,28119, 32821, 5484,80345,13457, 0673,1096,16333,811
7155, 57015, 765199,15217, 36922, 920
812, 00022, 26754, 3835,265
22, 65041, 56531, 477
3991,89024,01818,50076, 856
63415, 971
7845,703
206, 443
3,8671,977
20, 76673, 96011, 000
250164, 5503,638
66, 7673,337
33, 246114, 068
832,876
Total
mentuponshare-holders
Dollars50,000200,000100,000100,000100,000
25,000100,000150,000130,00050,00035,00050, 00050,00050, 000200,000150,000100,00025, 00050, 000
200, 00025,00050, 000100, 00025, 000100, 000100, 00025,000
400, 00035, 000
500, 00050, 00050, 000100, 00025, 00050, 000150, 00025, 00025, 00050,00050, 00025, 00025, 00040, 00025, 00025, 00025, 000
250, 000
50, 000100, 000100, 00025, 000100, 000100, 000100, 00050, 00050, 00025, 00030, 000100, 000
600,000
Total assetsand stockassessment
Dollars307, 96:
2, 294, 3411,056, 3301, 462, 209983, 249
124, 3311, 902, 202, 409, 7382, 786,8051, 428,179230, 776682, 539459, 428697, 558
1,840, 3522,160, 93r660, 63,136, 048354, 558
1, 568, 323359, 968
379, 968257, 667677, 521821, 961559, 402
2,156, 695440, 854
8, 095, 019412, 652314, 591710, 377150,100287,160
1,833, 619147, 349280, 322426, 084506, 039386, 785188, 738478, 338339, 574257, 609110, 365
6, 257, 347
251, 917315, 966686, 997332, 909
1, 016, 928100, 250937, 468436, 547929,158359, 806293, 252
l,402,7f~
7,710,076
Progress of liquidation to date of this report
Cash collections
from assets
Dollars116, 281
889,050420, 954346,072576,182
29, 556794,144
1, 064, 6761, 211, 770
737, 528135, 235279,179154, 453282,495988, 964485, 589213, 96444,824
110,136508,151121, 606481, 486
79, 262229, f "~131,884159,476658, 307256, 788
4,812, 519134, 76889,150
287, 84243, 01877, 612
1, 060, 78035, 383
153, 844220, 709287, 491173,821
41, 474192, 499
58, 60180, 02636, 725
3, 378, 231
50, 02927, 934
267, 797146, 822437, 956
250314, 897162, 813449, 865107, 26397,011
383, 438
2,643,818
Cash collections
fromstock
ment
Dollars24, 483
127, 542
62, 26'77,468
1,75453, 97'112,096116,01838,60622, 29'18, 50828, 23915, 788152,1042,00023,8357,91418, 052
138, 92710, 05324, 44811, 9827,462
50, 26466, 36312, 571143, 23618, 200
112, 7518, 90814, 26165, 8901,020
30, 762119, 28513,11617, 48538, 03321, 3925,50013,15021,7112,52713, 9874,782
169, 772
26, 49345, 22560,1273, 890
62, 23475, 70638, 0611,9007,7804,5425,736
32, 590
328,640
Receiver-ship earn-ings, cash
collec-tions frominterest,premi-
ums, rent;etc.
Dollars27, 60738, 66214, 61218, 64427,461
5,03941, 54360,16990,86138, 0859,50120,8327,42421,83670, 20715, 9817,0216,0589,36717, 4517,6897,7083,33215,19411, 22220, 6119,118
45, 08514, 794119,81414, 7073,003
32, i4,3295,816
41, 2573,59312, 72318, 5249,8487, i'"3,808
14, 82812, 5363,9051,580
35, 881
6,7614,62722, 3164,950
31, 8631, 21317,1765,059
36, 5364,5485,881
57, 816
140, 244
UnpaidbalanceR. F. C.
loan
Dollars4,600
18, 500
5,000
8,300
6,200
19, 800
5,400
Offsetsallowed
andsettled
Dollars8,646
126, 54720, 45961, 70263,657
765100, 316209, 628145,84658, 5947,191
34,18,018
112, 76885, 25169, 92856, 9313,947
12, 56077, 07018,41111, 6065,0955,616
63, 41512, 55562, 43876, 87517, 465
621, ""
8,94244, 4715,0999,47072,1822,49013, 81325, 84225, 82351,1369,00337,10338, 63710, 26310,101
973, 528
9,724
11,85060,19035, 997
42, 55049, 45472, 45836, 5889,732
62, 530
492, 528
12911292129312941295
129612971298130013021304130713081309131213131314131713191320132113221323132413251327132813291330133113321333133413351337133813391342134313441345134613471348134913501351
135213531355135613591360136113621363136413661367
1370
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
344 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. 81,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and1984—Continued
12911292129312941295
129612971298130013021304130713081309131213131314131713191320132113221323132413251327132813291330133113321333133413351337133813391342134313441345134613471348134913501351
135213531355135613591360136113621363136413661367
1370
Progress of liquidation to date of this report—Continued
Total col-lectionsfrom allsources,
includingoffsets al-lowed and
unpaidbalanceR. F. C.
loan
Dollars181,623
1,200, 301495,018488,685744,768
37,114989,980
1,446, 5691,564, 495
872,813174, 224352, 981208,134432,887
1, 296, 526573,498301,75167,743
150,115741,599157,759525,248102,897107, 534354, 599231,413243,603923, 503307,247
5, 667,052164,869115,356439,189
53,466123, 660
1,293, 50454, 582
204,065303,108344, 554238,04367,435
266,141112,301108,181
53,1884,557,412
93,00777,786
362*090215,852587,85077,169
412,684219,226566,639158,341118,360536,374
3,605,230
Loss onassets com-poundedor soldunder
order ofcourt
Dollars19,53894,907
460,04250,614
243, 410
69,010265,744286.367348,623157,288
4,653180, 72273,10535,815
155,741183, 587289, 740
9,3301,357
72, 66417,51015,94113,3936,029
86,970175,514312,488
61, 58017,080
364,90168,460
166,49936,73242,19427,79244,40526,826
1,68716,493
142,72520,44716,45717,16744,954
142,32011,338
1,655,588
33,008128,929145,996
7,45645,434
480,02133, 545
122,89213,32115,40385,595
840,611
Book valueof remain-ing uncol-
lectedassets
Dollars113,496983,83754,875
903,821
641,998699,067950,566424,76948,697
138,176163,852216,480410,396
1, 271,829
52,947180,505710,438177,441425,766178,992141,760197,438402,008
959,933114, 521
1,795,631152,938
241,33234,789
122,286506,252
57,65085,978
113,040
116,38196,804
191,569172,382
27,201
109,15659,103
161,35493,441
397 541
140,735233,943177,634141,106771,197
3,133,119
Bookvalue ofremain-ing un-
collectedstock as-sessment
Dollars25,51772,45861,00737, 73322, 532
23, 24646,02337,90413,98211,39412,70331,49221,76134, 21247,896
148,00076 16517,08631,94861,07314,94725, 55288,01817,53849, 73633,63712,429
256,76416,800
387,24941,09235,73934,11023,98019,23830,71511,8847,515
11,96728,60819,50011,85018,28922,47311,01320,21880 228
23,5074,775
39,87321,11037,76624,29461,93948,10042,22020,45824,26467,410
271,360
Bookvalue ofassets
returnedto share-holders'agents
Dollars
Disposition of proceeds of liquidation
Conservators'distributions
To se-cured
creditors
Dollars
To un-securedcreditors
Dollars
Dividends paidby receivers
On se-curedclaims
Dollars115,91568,64533,81613, 515
93341,43325,16469,954
23,091
10, 2683,011
12,4973,798
665
22, 58813, 23013,004
23,1921,818
2,502
1,824
8812,758
1,839
8 591,644
24,000
2,3853,494
69 599
1,175
7,2995,225
60,449
On un-securedclaims
Dodars
84,99568,135
177, 629361,159
2,154268,803675, 653274, 540
8 610, 231107, 213231, 420121,994178,059719,888
114,89331,27247,074
392,70946,35971,92416,75756,887
153,96089,635
107,156391, 682158,497
1,683,27951,90291,164
300,81910,91377,218
929,49011, 573
140,433175,185268, 633101,16626,064
125,0077,785
45,67924,429
8 2,718,584
46,6911,446
256,60856,837
218,448
207, 54413,38935,84553,20035,221
227,031
1,136,510
Footnotes at end of table, pp. 448 and 449.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OP THE CURRENCY 345
1934, dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 81,
Disposition of proceeds of liquidation—Continued
Securedand pre-
ferredliabili-
ties paidexcept
throughdivi-
dends, in-cludingoffsets
allowed
Cash ad-vancedin pro-tectionof assets
Dollars29,438
935,641346, 895204, 291326,928
27,009581,938630, 258
1,029,804134,463
45,94934,65059,170
211,990447,884459,638150,743
18, 84569, 678
210,84774, 068
410, 75659, 90329, 253
132, 04183, 78492, 237
386, 290119, 273
3,495, 37276, 0678,985
82, 36026, 23021, 647
248, "18, 41431, 383
105,08357, 86875, 67527,00996,88479, 88241,83113, 915
1,147, 919
16, 76327,34970, 230124, 383318,793
174, 946175, 705331,49769, 539
194,153
1,899,041
Dollars2,420
39,833
31,58658
3,5068,3003,666700354
22,19814
66528,1732,292517
"16," 3997,765418
3,4291,82883"
2,746
23, 464133
83,1736,582195
2,664151
1,4113, 3116,6652,561330372
5,461
5911,2381,783118
4,5122,0753,221
5912,943
9,46912,0293,88735,453
179,47:
ionser-vators'
ex-penses
Dollars
Receiv-ers' sal-aries,
legal andother
expenses
Dollars30,87764,90233,56148,20656,623
7,01857.07466,92685,99153,61416,76229,14521,00437,75446,54259,58225, 33011, 73519, 51265,12724, 47030,17116, 32112,60024,99526, 21431,20671, 45123, 074
186, 25725, 73515, 01236, 6769,17517, 29745,98711,29422,39117,78817, 68124, 30710,16523,00217, 42817, 5607,51851,424
24,27511, 24824,41918, 38029,5335,78230,19422, 85749, 53417, 55020,05565, 705
190,853
Cash inhands
of comp-trollerand re-ceivers
Amountreturnedto share-holdersin cash
Dollan2,9736,285
12,61113,458
37,22640, 268
100,54073,805
3,94635,5685,9524,419
30,94851,986
3,45252, 6548,646
12,3975,8226,966
20,17815, 804
50, 6166,270
195, 7792,765
"~ 16," 6704,4956,081
55,8544,8127,2974,722
30, 5531,439
20,6574,1291,3287,208
47,841
76611,6687,61213, 8084.6391,788
6,100140,2946,0235,0118,807
138,906
Dollars
Amountof claimsproved
Dollars154,485608,601361,195986,920405,488
65,406870,187
1, 261,0491,178,0821,109,528
112,836461,649297,547363,089845,464
1,198,947260,716
56,679147,194872, 523229,893450,124
87,198142, 216287, 391510,863330,154889, 351216, 355
4,005,942216, 274143, 014448, 536
51, 426122, 458
1,177,09088, 815
193,722206,098323, 596335,929119, 447277, 543189,863152,199
37, 5863, 577,093
133,411106,025383,025290, 653472,903100,000379, 731145, 641581, 534213, 768142, 601906, 278
3,471,230
Divi-dends(per-cent)
Interestdivi-
dends(per-cent)
7516.52018
4.72295523
8 559550414984
44.075531. 6674520162040552035.924473422463.573. 333256378.51572.58583.013302445530658 76
35246720456954.51010252725
33
Date finallyclosed or
restored tosolvency
Jan. 11,1934
Dec. 8,1933
Aug. 1,1934
M a y 18,1934
July 31,1934
Oct. 1,1934
Aug. 6,1934
12911292129312941295
129612971298130013021304130713081309131213131314131713191320132113221323132413251327132813291330133113321333133413351337133813391342134313441345134613471348134913501351
135213531355135613591360136113621363136413661367
1370
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
346 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. 31,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and1984—Continued
Name and location of banksCapitalstock atdate offailure
Date re-ceiver ap-pointed
Book valueof assets
at date offailure,
estimatedgood
Book valueof assets
at date offailure,
estimateddoubtful
137213731374137513791380138113821383138413851387138813891391139213951396139713991401140214031404140514061407140914101411141314141416141814191420
14211422142414251427142814291430143114321433143414351436143714391440144114421443144414451447144814491450
Farmers National Bank, Strawn, 111First National Bank, Cheboygan, MichFirst National Bank in Poultney, Vt _New First National Bank in Farmland, IndFirst National Bank, Litchville, N. DakFirst National Bank, Williams, IowaUnion National Bank, Connellsville, PaFirst National Bank in Fresno, CalifFirst National Bank, Grass Range, Mont__National Bank of Arkansas at Pine Bluff, ArkCitizens National Bank, Connellsville, PaFirst National Bank, Vanderbilt, PaCitizens National Bank, Galion, Ohio
fFirst National Bank, McLeansboro, 111Port Newark National Bank, Newark, N. J
JFirst National Bank, Ayrshire, IowaFarmers National Bank, Glenwood City, WisClymer National Bank, Clymer, PaFirst National Bank, Burt, IowaFourth National Bank, Montgomery, Ala.1First National Bank, Fair view, MoFarmers National Bank, Wilkinson, IndFirst National Bank, Altus, OklaFirst National Bank, Washburn, N. DakCity National Bank, Spur, TexFarmers National Bank, Howe, TexF i t N t i l B k M t i i l l 1
Dollars25,000 June 11,193050,000 June 12,1930"1,000 June 20,1930
June 25,193025,000 June 30,1930
1,19303,19307,1930
>; 000 July 9,1930100,000 July 21,1930" 1,000 July 31,1930
Aug. 4,1930do
-do
100,25,000 Ji25,000Ji25,000 July50,000 July
400,000 July30,0"" ' '
100, C100, C25,000 Aug.
100,00050,000
200,000 Aug.
-i: »i jxici a -i/N atiuneu u a i i i , xxuwe, JLCA
First National Bank, Martinsville, 111Billings National Bank, Billings, OklaFirst National Bank, Villisca, IowaFirst National Bank, Perry, FlaOld First National Bank, Farmer City, I1D_First National Bank, Auburn, WashPeoples National Bank, Brookneal, Va
25,000 Aug.25,000 Aug.75,00040,000 Sept.
500,000 Sept,25,000 Sept.25,000 Sept.60,000 Sept.25,000 Sept.40,000 Oct.30,000 Oct.25,000Oct25,000 Oct.50,000Oct,50,000 Oct.65,000
8,1930;. 12,1930j. 22,1930_.do
5,19306,1930
. 17,1930;. 19,1930;. 26,193029,19307,19308,193011,193017,193018,193025,1930do
Dollars88, 497741,650709,92558, 28838,01655,917376.426
1,812,93873, 630
913, 3761, 234, 247
74,172730,411265, 528306,88468,43391, 532277,11075,226
2,059,81937.871110.427241, 68936.872118, 62421,479164, 622120,456193,47144, 694
Dollars38, 383
481, 398141,80987,705149,302178,315381,485
1, 950, 67274,489
1,089, 3401,875, 302
77,552493,144276,120426, 53897,46997,769361,067266, 588
49,30999,238371, 70992,474182,44489, 111141, 23836,492306, 655366,355
First National Bank, Elgin, NebrFirst National Bank, Berwyn, OklaQuincy-Ricker National Bank & Trust Co.,
Quincy, 111.Planters National Bank, Walnut Ridge, ArkHolston-Union National Bank, Knoxville, Tenn.National Bank of Kentucky, Louisville, KyFirst National Bank, West Salem, 111City National Bank, Spokane, Wash.iAmerican National Bank, Asheville, N. C .First National Bank, Plymouth, 111.First National Bank, Forman, N. DakFirst National Bank, Campbell, MoFirst National Bank, Westfield, 111Citizens National Bank, Hendersonville, N. C._.First National Bank, Mendon, Ohio _First National Bank, Roland, IowaMerchants National Bank, Burlington, Iowa *_-First National Bank, Benton, 111-First National Bank, Rector, ArkFirst National Bank, Junction City, ArkFirst National Bank, Newport, Tenn__.First National Bank, Walhalla, N. Dak.First National Bank, Goreville, 111
75,000 Oct. 28,193050,000 Oct. 31,193050,000 Nov. 3,193025,000 Nov. 6,1930
500,000 Nov. 10,1930
25,000 Nov. 11,193012,1930
. . , . . . . . . 17,193025,000 Nov. 18,1930
200,000 Nov. 20,1930200,000 Nov. 21,193025,000 do25,000 Nov.40,000.
24,1930do
50; 000 Nov. 28,1930do
25| 000 Nov. 29,1930.do
JL'IIOL x>niiiuiiai JJCUIIV, \jruie vine, xi.
First National Bank, Marion, Ill-Sioux National Bank in Sioux City, IowaFirst National Bank, Fulton, KyFirst National Bank, Charlotte, N. CFirst National Bank, Horse Cave, KyFarmers & Merchants National Bank, Tyrone,
Pa.
40,000100,000 Dec100,00025,000 Dec.25,00050,000 Dec.25,000 Dec25,000100,000400,000 Dec.50,000300,00025,000 Dec.
2,1930do.3,1930
do4,19305,1930
do.
367,841225,79981,86534,198721,120
69,2825, 325, 303
22, 585,879188,47399,412873,09677,29028,06790,186162,966551,835159,078174, 307
441,404184,43481, 79737, 768
3, 525, 610
44,3008, 583,83711, 640, 702
108,18895,948
1,422,37057,223151,108102,531101, 292721, 64771,604153,146
do8,1930
do.do
9,1930150,000 Dec. 12,1930
I
315,405170, 979196, 362412, 44234, 99079,589
1,130, 7632,071, 566
82,010947,832196,13987,802
1, 216,00696, 680137, 34888,41563,09841,003771,438
2,024, 755106,820
1,704,505241,697608, 771
Footnotes at end of table, pp. 448 and 449.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OP THE COMPTROLLER OP THE CURRENCY 347
1934, dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 31,
Bookvalue ofassets atdate offailure,
estimatedworthless
Addi-tionalassets
receivedsince dateof failure
Totalassess-mentuponshare-holders
Total assetsand stockassessment
Progress of liquidation to date of this report
Cash col-lections
from assets
Cash col-lections
fromstockassess-ment
Receiver-ship earn-ings, cash
collec-tions frominterest,premi-
ums, rent,etc.
UnpaidbalanceR. F. C.
loan
Offsetsallowed
andsettled
Dollars25, 31921, 026
212,1905,7795,0304,823
47, 611487,867
16, 365274,85187,04316, 20556,032
110,06894,811
20920,429
117, 63217,334
Dollars606
321, 0146,026
12, 24216,44787,07922, 31749,485
2,141135, 61594,40453,800
170,22210,034
10432, 31431, 38616,8054,591
5,4147,09542,8199,96366,2235,35424,34432,07170,18094, 753
87,16655, 36429,4411,153
509,361
13,077639, 350
6,074,83015, 893148,93487,44813,42110,9574,14339, 713295,16275, 5555,524
177,1595,46010, 42117, 28331,1797,228
50, 442466, 26431, 365264, 47515,177
30
32,97010,45654, 51165,89843, 2675,88729, 7612,960
75, 34280,326
1472,83413, 97759,091
9985, 553
20, 670421,955410,76516,01312,96976, 264
4829,281347
37, 37936,47010,82228, 085
154, 7822,2032,30747,822
4202,490
39, 682138,31020, 8961,796
11, 6488,659
Dollars25, 00050, 000100, 00025, 00025,00025,00050,000400,00030,000100,000100,00025,000100,00050,000
25,00025,00075,00040,000500,00025,00025,00060,00025,00040,00030,00025,00025,00050,00050,00065,00075,00050,00050,00025,000500,000
25,000750,000
4,000,00025,000200,000200,00025,00025,00040,00050,000100,00025,00040,000100,000100,00025,00025,00050,00025,00025,000100,000400,00050,000300,00025,000150, 000
Dollars177, 805
1, 615, 0881,169, 950189,014233, 795351,134877,839
4, 700,962196, 62(
2, 513,1823, 390, 996246, 729
1,549,809711,750828, 337223, 425266,116847, 614403,739
2, 559,819150, 564252,216770, 728230, 207450,558151,831384,965216,979695, 648636,12865,014
1,044, 245529, 574302,19498, 218
5,341, 644
172,32915,720,44544, 712,176
353, 567557,263
2, 659,178173,416224,413237, 207391,350
1, 705,114342,059401,062100,000
1,963, 352300, 322371, 438615, 962154, —"155,310
2,092,3255,100,895291,091
3,218,608489,661855, 26:
Dollars87, 924
1,148,960567,17576, 83176,08388,767379,477
3,074, 32071, 061
1,154, 2551,871, 662
123, 974776,520265, 289628,39493,859120, 313348,175134,262
2,059,81952,934102,940443,50663, 090124, 58032,460129,200121,448312,703153, 278
509, 776192,134142,08434, 349
2,320,269
70,4985, 731,864
22,413, 775122,41833,963
1, 247,55479,89748,84857,998134,580373,092164,320128,807
766, 38877, 366267,396369, 61229,03568,143677,440
1,913,088107,461923, 654326,374200,439
Dollars.18, 61644, 925
19, 61911,08115,81233,167272,4314,51045,96264, 65014,16775,0954,133
3,23117,07140,11735,219249,8776,71313,87554,54811,15226, 25015, 50111, 57911, 84739,439
Dollars5,128
83, 42423, 7023,8907,2435,227
28,31968,428
5,25862, 338
123, 2215,445
58,03111,0116,4684,593
13,87733, 59312,213
1,6152,5318,972
29, 6719,5598,8331,904
14,178
Dollars
55,91811, 62317,4983,2463,750
305,937
5,753391,064195,09820,705104,58417, 37023,0258,00511,84448,24926,70018,78023,49274, 52526,8923,1603,15020,"
7,68459, 52418,09817,077
220,67616, 576117,021
15,10911,725
36844, 69411,8108,8712,013
164,083
296,149313, 6598,05320,84234,8745,0417,0754,10513,82513,79411,2116,883810
68, 4977,7659,051
22, 0802,8543,390
69, 810104, 6903,611
24, 73414, 44030, 027
Dollars6,16849, 24257, 4126,98410,93747, 72443, 506344, 6477,193
255,14471, 6367,485
135,99734,612
18'12820, 40144,63318, 631
1,000
3, 700
10,000
3,99117,43144,24410,4614,94410,56714, 57910, 81728,07027,108
1,600
~41~666
447,7001,593,000
55,94323,0146,1393,622
224,508
9,543965, 934
4, 282, 74438,200
2,000900
5,700
185, 4775,1276,9013,1328,696
196, 51816,91016, 479
2,100
44,800
6,300
77, 57010, 3836,40432,8775,6355,272
117, 406582,05312, 226
214, 91825,63312, 027
137213731374137513791380138113821383138413851387138813891391139213951396139713991401140214031404140514061407140914101411141314141416141814191420
14211422142414251427142814291430143114321433143414351436143714391440144114421443144414451447144814491450
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
348 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. 31,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and193'4—Continued
Progress of liquidation to date of this report—Continued Disposition of proceeds of liquidation
137213731374137513791380138113821383138413851387138813891391139213951396139713991401140214031404140514061407140914101411141314141416141814191420
14211422142414251427142814291430143114321433143414351436143714391440144114421443144414451447144814491450
Total col-lectionsfrom allsources,
includingoffsets al-lowed and
unpaidbalanceR. F . C.
loan
Loss onassets com-poundedor soldunder
order ofcourt
Dollan117,836
1,326,551735,097107,324105, 344157, 530484,469
3, 759,82688,022
1, 517, 6992,131,169151,071
1,045, 643315,045637, 751119,811171, 662466, 518200, 325
2,311,31166,169144. 218571, 96997, 962164, 60760,432169, 536152, 792395, 321229, 09456,286623,636244,456160, 34043, 734
3,055, 797
92,1747,832, 71128, 798, 276
189, 376159,389
1,485, 275113,09072, 82977, 979
205, 350610,104211, 221181, 36175, 335939, 34:100, 774286,001445, 43437, 52484, 489968, 980
2, 617, 929140, 375
1, 383, 982383,023365, 814
Dollars58,713
78,71323,74716,440189, 64319,138271,4149,615
155, 693258,76390, 270159,792175,093197,05039,63619,63582, 95644, 553
63, 36912, 65417,58625,82856,89218, 63528,1097,70794, 53042,895
99,11410,324
4,070450,484
5,865434, 223974, 76210, 24164,334192,8156,39710, 51418, 57252,097168, 22631, 66546,498
191, 94411, 7543,8824,79049, 99456,895
214, 588992, 262121,404150,926112, 65425,360
Book valueof remain-ing uncol-lectedassets
Dollars
366,65056,452105,335
385, 718610, 58178, 756
848,090
377, 500186, 756
46,80280,767296,850166, 293
5,27094,191
205, 392105.828224,14!60,169188,07752,007210,345362, 84"
14304,412254,10285,07331,177
1,846, 383
61,4237,838,42413,040,895
157, 708258, 966833, 33256, 995133.150117, 505145, 977867, 278104,164169, 278
827,450175,81968, 756158, 68345,023
982,8911, 213, 492
1, 629,110
467, 436
Bookvalue ofremain-ing un-
collectedstock as-sessment
Bookvalue ofassets
returnedto share-holders'agents
Dollars6,3845,075
13,1925,381
13,9199,188
16,833127, 56925,49054,03835, 35010, 83324,90545,867
21, 7697,929
34, 8834,781
250,12318,28711,1255,45213,84813, 75014,49913, 42113,15310, 56123,0179,082
63, 37'32, 50246, 75421,250194,063
19, 24'358.936
3,804, 9024,29595,416182,6301,97516. 99528,1561,751
73, 3006.22016,50825, 47573,10821,84021,85029,13525,00017, 31640, 476381, 90232, 92379, 3248,424
32, 979
Conservators'distributions
To se-cured
creditors
Dollars Dollars
To un-secured
creditors
Dollars
Dividends paidby receivers
On se-curedclaims
Dollars
3,630
167,5637 , " "
7.6753,. 850
246, 538
43, 5888,016
10, 679
11, 313
21, 70652, 209
6, 70'
1,890
8 370,032
2,1575,097
11,571
72, 704
4,646
1,034
15, 421
22,806
On un-securedclaims
Dollars'91,460
1,190,319532,35561,40751,21943, 683
354, 6642, 268, 970
522,4651,330,024
135, 699395, 771108,067
9 613,38151,58881,319
324, 696149, 704
47717, 74081,453
136,99124,19916, 96924,083
101, 67981, 306
321,17350,582
329,00193,86958,2293,288
1,828,808
29, 5104,440,103
914,451,74080,047
143, 479703, 545
75, 55120, 75311,494
165, 51245,637
135, 976102,487
158, 25715, 622
259, 283313,361
3,17648, 352
463, 2331,016,309
95,636497, 558290, 748206? 160
Footnotes at end of table, pp. 448 and 449,Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
EEPORT OP THE COMPTROLLER OF THE CURRENCY 349
1934, dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 31,
Disposition of proceeds of liquidation—Continued
Securedand pre-
ferredliabili-
ties paidexcept
throughdivi-
dends, in-cluding
allowed
Cash ad-vancedin pro-tectionof assets
onser-vators'
ex-penses
Receiv-ers' sal-aries,
legal andother
expenses
Cash inhands
of comitrollerand re-ceivers
Amountreturned
}f" to share-holdersin cash
Amountof claimsproved
Divi-dends(per-cent)
interestdivi-
dends(per-cent)
Date finallyclosed or
restored tosolvency
Dollars18,430
101,741145,47928,34629, 63796, 87697, 607
1,248, 68367, 941
847, 581576,604
8,927366, 751153,051
6,88952, 54350, 30395, 24818, 944
2,059,81931, 83.540,867
345,11247,881
106, 79927,90836,12125, 63728, 457
114,849143
238,40298, 77880, 45833,134
1,057,268
37,1842, 688,879
11,848, 27289, 849
Dollar,79
1,168122628
5,4901,681
Dollars
22,192548
16,1624,643
230
3,5232,774
7345,2821,977
3,392
7,5088,499
10, 6115,368
7162,914
34814, 402
284, 748
667, 97127, 47428, 38638, 09316,449
449, 62342, 92150,97'
1767,722
13921
5,5824,5291,259
102,477
694,35956,849
6,61177, 20823,45726,480
351,4061,308,087
33,060753,978
51,676108,166
79960
4001,723
55
32,40113,156
344,004
Dollars7,867
33,32338,64612,79014,19515, 29027,182
117,35013, 62179, 74970,766
6,44557,70725,13r17,08610, 62620, 282
Dollars Dollars
18,4954,1534,803
5,016102, 631
5,91251, 742
145,502
30, 20617,0694,47710, 30513,85130, 302
57,85120,668
3955,05411,3898,99511,834
11,02417,4716,92420,20715,05126, 35830, 2291,422
41,13424, 28819,0865,19693,084
19,145258, 443
1, 294,64016, 95411, 90355, 9949,23517, 48715,19412, 67841, 68114, 23218,8972,63163,36021,78613,869"" 172
5, 5552,76513, 9994,29912, 6451,5178,13'19, 48511, 8253,2292,5124,48815, 4462,56'
15113, 723
5,98'60,852
918,8762,5263,831
50,043691
4,0252,5196,182
60, 33318,0826,523
7,17-9,657
22,5721,8115,838
22, 9702,628
65,327147,107
11, 645
41,192133, 270
70
73,26423,94946,525
32,37216, 6504,893
Dollars105,828
1,328,009705,001122,834138,447147,840641,430
2, 568,68661,484
1, 242, 7182,229,105134,116996, 523431, 520584,221110,045176, 796597,353290, 710
2,890, 41644, 399127, 598195, 67785, 398277, 70260, 216282,476138,239465,054337,80765,262567, 309313, 51177, 64016, 900
3,047,828
65, 2779,945,73321, 564,143
199, 254250,536
2, 384, 47888,827150,316138, 604236, 452935, 672224, 006242,115437,215791, 664225, 228288,097406,97687, 22:72,930
1,406,9732, 738,466
126, 63'1,445,464363,44:329,856
86.3889. 62875503729.5555
8 88. 333
Jan. 12,1934Aug. 27,1934
une 30,1934
426010056.525
U00474655518.540. 546627031104036676919805830753060
47.58 459 674057. 26841851512706604216. 6292099077566.334.53775.24368062.5
1.18 Oct. 4,1934
Oct. 8,1934
Oct. 13,1934
Mar. 6,1934
Jan. 4,1934
137213731374137513791380138113821383138413851387138813891391139213951396139713991401140214031404140514061407140914101411141314141416141814191420
14211422142414251427142814291430143114321433143414351436143714391440144114421443144414451447144814491450
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
350 EEPOKT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. 31,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and1934—Continued
Name and location of banksCapitalstock atdate offailure
Date re-ceiver ap-pointed
Book valueof assets
at date offailure,
estimatedgood
Book valueof assets
at date offailure,
estimateddoubtful
145114521453145414551456
14571458145914601461146214631465146614671468146914701471147214731475147614771479148014811484148614871488
14891490149114921493149414951496150015011502150515061507150815121513
151415151516151715181519
1520152115221523
First National Bank, Naper, NebrAmerican National Bank, Redfield, S. DakFirst National Bank, Ullin, 111First National Bank, Elk Point, S. DakFarmers National Bank, Laurens, S. CBenton County National Bank, Bentonville,
Ark.Union National Bank, Fairmont, W. Va _..First National Bank, Goodwin, S. DakKansas National Bank, Kansas, 111First National Bank, Mount Sterling, 111.1First National Bank, Sweetwater, TennFirst National Bank, Caruthersville, MoFirst National Bank, Capac, MichFirst National Bank, Rock Rapids, Iowa _.Farmers National Bank, Inwood, IowaFirst National Bank, Laurinburg, N. CFirst National Bank, Ridgeway, Mo _.First National Bank, Tyler, Minn._City National Bank in Miami, FlaFirst National Bank, Augusta, 111Pecan Gap National Bank, Pecan Gap, TexFirst National Bank, Hobson, Mont.*First National Bank, Ladonia, TexFirst National Bank, Sesser, 111First National Bank, Greenwood, MissFirst National Bank, Connersville, IndFirst National Bank, Titonka, IowaNational Bank of Goldsboro, Goldsboro, N. C_.Interstate National Bank, Helena, Ark.First National Bank, Rails, TexFirst National Bank, Kerkhoven, MinnMerchants & Planters National Bank, Dillwyn.
Va.First National Bank, Ludlow, MoLawrence Avenue National Bank, Chicago, 111First National Bank, Floyd, IowaFirst National Bank, Corning, Ark.1National Bank of Wilkes at Washington, GaCity National Bank, Bessemer, AlaFirst National Bank, Rogers, ArkFirst National Bank, Brookhaven, Miss.First National Bank, Brookfield, MoHoward National Bank, Kokomo, Ind.L .Planters National Bank, Clarksdale, MissAnoka National Bank, Anoka, MinnFirst National Bank, Clinton, S. CFirst National Bank, Addison, Pa.1First National Bank, Crestline, Ohio iFirst National Bank, Waverly, 111Farmers & Merchants National Bank, Sheridan,
Inci.Peoples National Bank, Osceola Mills, PaClinton National Bank, Clinton, MoFirst National Bank, Connellsville, Pa.1First National Bank, Redmond, OregFirst National Bank, Panama City, FlaFarmers & Merchants National Bank, Rock-
mart, Ga.First National Bank, Republic, PaFirst National Bank, Hartselle, AlaFirst National Bank, Jackson, MissNational Bank of Thurmond, Thurmond, W.Va.
Dollars25,000 Dec.40,00025,000
12,1930dodo
25,000 Dec. 16,1930do.50,000
60,000
420,000
do
. 3 - — d o25,000 Dec. 17,193050,000 do100,00060,000
dodo
50,000 Dec. 18,1930Dec. 19,1930
100,000 Dec. 20,1930do40,000
25,00060,00025,000
500,00060,00025,00030,000100,00025,000250,000200,00025,000100,000250,000 Ja:
25, 000 Ji25,00050,000
Dec. 23,1930do.dododo.
Dec. 26,1930do.dodo
Dec. 27,1930Dec. 30,1930
do.do
1,1931an. 6,1931.....do-Jan. 9,1931
25,000200,00025, 00050, 000 Ja:
do.!dodo.12,1931
dodo
000 Jan. 13,1931do22,1931
do
50, 000100, 000
50,100,000100,000 Ja;200, 000500, ""50,000100, 00025, ""75,000100, 00050, 000
an. 26,1931Jan. 27,1931
do.an. 28,1931....do—Feb. 7,1931Feb. 9,1931
Dollars57,07!346,45580,87845,86518,801179,307
2, 051, 566113, 481175, 801J6.210104, 786414,284165,266102,73453,06153,36331,707146,541
3, 274,828150,58348,59915,98239, 63498, 526
1,122,053984, 25265, 337161,194
1, 231, 48328,96923, 33390, 445
95, 438200, 336112,1473,96'
145, 081193, 746251,159920,193125, 20187, 261293, 216176, 591119, 079
100,00050,000200,00025,000250,00040,000
50,000100,000200,00050,000
Feb. 10,1931do.
Feb. 12,1931ddo
Feb. 13,1931do
Feb. 16,1931do
Feb. 18,1931
118,662243, 623
64,129163, 484
71, 468187, 750118, 202
45, 760275, 693
1,388,122159,319
Dollars29,018
239, 587103,386156,69891,596
461,305
1,318,016129,706139,656241, 21789,660131,194189,386209,006188,62380,011117,569374, 682
3, 390,130206, 46676, 24567,91063,190167,866
1,268,774325,925162,563233,235855,32572,74177, 692131, 629
31, 064609, 98973,17232, 457254, 767514,871395, 303276, 53994, 436344, 212
1, 729,116481,687184, 433
46,115263, 355153, 399
308, 601258, 93"37,16'161,912599, 09"114, 508
129,178378, 281837, 292187, 277
Footnotes at end of table, pp. 448 and 449.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 3511934, dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 31,
Bookvalue ofassets atdate offailure,
estimatedworthless
Addi-tionalassets
receivedsince dateof failure
Totalassess-mentuponshare-holders
Total assetsand stock
assessment
Progress of liquidation to date of this report
Cash col-lections
from assets
Cash col-lections
fromstock
ment
Receiver-ship earn-ings, cash
collec-tions frominterest,premi-
ums, rent,etc.
UnpaidbalanceR. F. C.
loan
Offsetsallowed
andsettled
Dollars1,460
37, 80214,13036,66735, ""'
414, 607
283, 56479, 65625, 373
432, 25131,11829,825112,18799,1287,161
33, 69415, 47264, 443671, 23949,88715, 03143,014
45, 590234, 037125, 35013,80483, 267177,93723, 50512,16414, 478
22, 719126, 06818, 787136, 38550, 387117, 765101,18943, 84911,339
521,157610, 06224, 21947, 810
Dollars41,29524,769
1,04017,45216,87877, 566
44, 59129, 75366,2596,4598,46044,90769,37412, 684
37116,74649,42540,159239, 2096,1303,084638902
42,44146, 2398,0482,276
83, 32173,6672,6587,11726,158
14, 61311, 3775,503
88137, 49831, 75718, 88135, 3752,021
53, 83329, 72096,17374, 882
Dollars25,00040,00025,00025,00050,00060,000
420,00025,00050,000100, 00060,00050,00025,000100,00040,00025,00060,00025,000
500, 00060,00025,00030,000100,00025,000250,000200,00025,000100,000250,00025,00025,00050, 000
25, 000200, 00025, 00050, 00050, 000100, 00050, 000100, 000100, 000200, 000500, 00050, 000100, 000
Dollars153,845688,613224,434281,682213, 206
1,192,785
4,117, 737377,596457,089796,137294,024670,210561,213523,552289,216208,814274,173650,825
8,075,406473, 066167,959157, 544491, 795379, 423
2,921,1031, 643, 575268,980661,017
2,588,412152,873145, 306312, 710
188, 8341,147, 770234, 609222,897637, 733958,139816, 532
1, 375,956332,997
1, 206, 4633,162,114828, 670526, 204
Dollars47,467
323, 985109,787100,29467,585279,737
1, 506,173106,551166,707143,357108,806220, 281101,992191,611138,69081, 57976,045328,116
3,067,763164,98247,20028,55937,383119,112
1,105, 232617,69687,804226,304
1, 233, 27275,19557,74798, 587
84,165309,190
118, 050293, 381317,032535, 671109, 360252, 391
1, 513,068382, 265196, 429
Dollars2,652
18,67919,94121, 2609,884
29,201
279,4135,043
41,73353,54146,13131,6527,914
13,6749,5006,40628,59012,342
330,84845,4751,14716,8002,000
11, 27868,036
173,61319, 48026,910
150, 2738,457
19,53337, 540
17, 48841, 48310, 30019, 40622, 58515, 99931,11954,141
77,824108, 260
18,94459, 763
Dollar,3,022
13,0395,142
11,3382,563
17, 338
150, 03813, 00210,1873,4966,510
20, 7617,78010,6646,7802,3574,77619, 792189,59612,8141,3474,5982,2418,86546, 88945,1396,6643,56663, 4777,6833,6423,835
4,74925, 3795,4672,492
14, 72026, 30822,89537, 3533, "38,18167,14623, 57514, 552
Dollars2,0004,700
32,000
Dollars2,470
33, 36313,1338,710
5293, 632
190,4954,394
14, 625
2,700
6,000
12, 9002,900
9,0008,500
"56," 500
4,000
19, 200
32, 5006,100
10,95879, 566124, 67229,21312,83318, 8136,84936,176692,02120, 4524,124
15, 64215,961
272, 08462, 80311, 79015, 733
164, 4826,5723,84311,625
9,75455, 21016, 27340, 36926, 32f84, 55655, 384125,90717, 962
57181, 85817, 2048,776
145114521453145414551456
1457145814591460146114621463146514661467146814691470147114721473147514761477147914801481148414861487
14891490149114921493149414951496150015011502150515061507150815121513
151415151516151715181519
1520152115221523
60049, 65196, 705
105,447202, 749378, 60757, 293403,13627, 905
48, 64455, 390412, 62921, 536
21, 85814, 030116,838
28,16449, 242
sr8,26
164, 47455, 04749,18935, 526146, 247
240
75, 000100, 00050,000
100, 00050, 000
200, 00025, 000
250, 00040, 000
50, 000100,000200, 00050, 000
143,573545, 698660, 565
606, 341724,412616, 591323,941
1, 604, 457355, 662
322, 771844,890
2,984, 290418, 372
5,081227, 658178,831
178, 854280, 8845,231
124, 333396, 850122, 268
60, 840283, 007
1, 398,164115, 811
50,46958,41637, 978
54, 47827,06252, 62217,88963, 20730, 446
12, 57953,89481,93117, 739
53511,1957,556
20, 3972,6229,49415, 5606,430
5,48916,31184, 39919,291
4,300
21. 83317,20641, 598
20, 55334, 469
16,500
20,0234, 54520, 617
11, 43969, 666257, 5769,673
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
352 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. 31,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and1934—Continued
145114521453145414551456
14571458145914601461146214631465146614671468146914701471147214731475147614771479148014811484148614871488
14891490149114921493149414951496150015011502150515061507150815121513
151415151516151715181519
1520152115221523
Progress of liquidation to date of this report—Continued
Total col-lectionsfrom allsources,
includingoffsets al-lowed and
unpaidbalanceR. F. C.
loan
Dollars57, 611
393, 766148,003141, 60280,084
419,908
2,158,119128,990233, 252200, 394172,405352, 260242, 358245,162170, 503109,155116, 260402, 426
4, 280,228256, 623
56, 71849, 95766, 266
163, 7161,492, 241
955,751125, 738272, 513
1,611,50497, 90784, 765
151, 587
116,156434, 262135,72462, 355
200,877420,244458, 930759,172131, 318368,967
1, 770,332441, 988279, 520
77, 918314, 475265,963
262, 569367,11260,475
171, 745510,162179,761
90,347422,878
1,822,070179.014
Loss onassets com-poundedor soldunder
order ofcourt
Dollars16, 26127,13276, 51431, 77664, 43358, 521
85,90952,99022,445
527, 211114,26013, 41649,85769,32810,83983,42235, 97436, 354
153,41065, 551
59, 5954,819
41,57157,20536,17952,390
112,11886,0016,284
34, 5727,314
4,75370, 6755,652
132,4401,1035,411
50,10458, 3796,144
89, 763211,34158, 06563, 079
41, 659197,13450,147
44,40243,031
1,62072, 281
208, 35512,587
23,44614,156
323,23211,801
Book valueof remain-ing uncol-
lectedassets
Dollars62,647
264,133
115,90231,136
700,895
1,915,160188,661203,312
25, 569
306,947259, 692133,40086,854
95,305225,179
3,662, 212162,08191, 63539,390
333, 951177, 779
1, 236, 582726, 897
91, 996206,862854,65739,82224,144
145,184
65,162512,69588,000
442, 258474,791344, 012555, 999
99, 531663, 738855,847321,136157,920
3,700339,989
262, 532316,028409,740
82, 298714,707160,190
177,046378,061805,318231,087
Bookvalue ofremain-ing un-
collectedstock as-sessment
Dollars22,34821,3215,0593,740
40,11630, 799
140, 58719,9578,267
46,45913,86918, 34817,08686,32630,50018, 59431,41012, 658
169,15214, 52523,85313,20098,00013,722
181,96426, 3875,520
73,09099,72716, 5435,467
12,460
7,512155, 517
14, 70030,59427, 41584, 00118,88145,859
100,000122,176391, 74031,05640,237
24, 53141, 58412,022
45,52222,938
147, 3787,111
186, 7939,554
37,42146,106
118,06932,261
Bookvalue ofassets
returnedto share-holders'agents
Dollars
Disposition of proceeds of liquidation
Conservators'distributions
To se-cured
creditors
Dollars
To un-securedcreditors
Dollars
Dividends paidby receivers
On se-curedclaims
Dollars615
23,175
5,80913,4927,333
3,842
44, 458
19, 306
16, 547
15, 600752
9,661111, 685
13,1137,5822,832
10,903
2,484
41, 5396,4806,308
64, 529148, 637
15,177
53,167
47,0058,429
57,2562,555
8,91827, 28427,9054,988
On un-securedclaims
Dollars19, 624
150, 77682, 30946,8479,527
148, 931
1,026, 7£013, 525
138,9433,599
113, 526159,70623, 237
131, 850108, 69661,88562, 751
283, 6281, 485,475
155,17139, 209
11,05175, 693
350,600681,841
79, 22758, 369
759, 5P835,14353,18767,160
64, 430150, 52885, 9972,557
83, 57599, 606
235,791320, 728
68, 21955
286, 879280,119157,143
189, 307109, 776
150, 451160, 625
43, 988169, 337102, 415
42,890128,541961, 551
64, 203
Footnotes at end of tabje, pp. 448 and 449,Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 3531934, dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 31,
Disposition of proceeds of liquidation—Continued
Securedand pre-
ferredliabili-
ties paidexcept
throughdivi-
dends, in-cludingoffsets
allowed
Dollars23,003
171, 56353, 70467,38843,956
197,587
940,14796,42663,950
139, 25838,893
118,981165,967
87, 09340,91936,40125,54893,493
2,471,02269,528
4,32,75933,71254,128
874,117172, 285
22, 014162, 658662, 57538,89518,18046, 027
39, 200207, 487
28, 49955,82276, 463
184,153160, 334360, 539
38, 792260,626
1, 205, 004124, 802
75, 458
Cash ad-vancedin pro-tection
of assets
Dollars729
13,046277
5818:
20,085
50,1512
385
3,5942,039
14,885243702140
1,8781,746
92,11910,427
4761,0262,024
44,53332,569
3,78928, 351
1,134
1,430
21,806164
5,9882,52814,8132,901I,11,709
6,8753,395
Conser-vators'
ex-penses
Dollars
Receiv-ers' sal-aries,
legal andother
expenses
Dollars10,04129,85411,71314, 70911,83136,851
90, 62614,85816,94611,11916,39227,26927,10717, 61516,85110,72918,33020,027
139,90318,6568,4931,016
15,64417, 64371, 20252, 69813,87420,15161, 62012,7979,053
17, 439
12,14738,08115, 6422,627
30, 095
37, 27365,08717, 53123, 244
26,63118,188
Cash inhands
of comp-trollerand re-ceivers
Dollars3,5995,352
6,7911,0969,121
50,415337
13,0281,960
24,95911,1628,3613,335
7,7533,53275,1622,8414,'""106
4,0814,56740,10416,35810,62314,43391,8087,1064,3458,628
37913,8765,4221,3494,75665, 5824,2393,6095,69218,80461, 2233,56110,159
Amountreturnedto share-holdersin cash
Dollars
Amountof claimsproved
Dollars43,360
367,750115,901150,445115,476744,399
2, 219, 774248,165198, 259533,973125,071354,421290,458216,148164,64190,34378,458448,340
3,744,480267,563104, 56260,000236, 737
1,098,9651,048,861197,983203,829
1,298,38547,81470,954143,290
73,441556,947153,57385, 227303, 905555,067474,945696,85890,987717,608564,192509,357209,526
Divi-dends(per-cent)
4171.017352020
467
709
90.41538
616668.58061.5405837.539
53530654032.558. 33373.57551
87.527563
27.5254846759
505575
Interestdivi-
dends(per-cent)
Jan. 8,1934
Feb. 17,1934
Dec. 14,1933
Date finallyclosed or
restored tosolvency
145114521453145414551456
14571458145914601461146214631465146614671468146914701471147214731475147614771479148014811484148614871483
14891490149114921493149414951496150015011502150515061507150815121513
151415151516151715181519
1520152115221523
21,83387,835111, 958
74,178174, 2102,27787,472213, 79338, 982
26, 551211,934602,15173,139
4,603
1,990278321
4,0841,4281,995
1,2155,676
39, 4591,017
2,91817, 32127,040
25,03028, 2437,29620,81346, 27521, 479
9,03726, 352112, 96022,344
20, 01212, 586
10,9203,7563,5766,f22,07312,335
1,73623,09178,04413, 323
53,167243,802314,344
316, 739356,410235, 026168, 876630,326176, 582
137,832340,441
1,579,901223,281
1007834
47.54520263558
37.5405730
Oct. 31,1934
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
354 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. 31,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and193 4—Continued
15241525152615271528152915301531153215331534153515361538
1540154215431544154515461547154815491550155115521553155415551556155715581559
1560
156115621563156415651566156815691570157115721573157415751576
157715781579158015811582
158315841585
Name and location of banks
First National Bank, Fairchance, Pa . .National Bank of Toronto, Toronto, OhioFirst National Bank, La Pine, AlaLincoln National Bank, Avella, Pa.American National Bank, Paris, TexCitizens National Bank, Wilmington, OhioSecurity National Bank, Hope, N. DakFirst National Bank, Stone, KyBlossom National Bank, Blossom, TexCoolville National Bank, Coolville, OhioFirst National Bank, Veedersburg, IndFirst National Bank, Champlain, N. YFirst National Bank, Rouses Point, N. YFirst and Farmers National Bank in Luverne,
Minn.First National Bank, Portage, PaCentral National Bank, Ellsworth, KansFirst National Bank, Rockwell, IowaFirst National Bank, Worthington, W. VaNational Bank of Norton, Norton, VaFirst National Bank, Oak Park, 111Austin National Bank, Chicago, 111First National Bank, Ivanhoe, MinnOrangeburg National Bank, Orangeburg, S. C.1.First National Bank, Macedon, N. YWoodlynne National Bank, Woodlynne, N. J__.First-Rempel National Bank, Logan, OhioSecond National Bank, Altoona, PaMonongahela National Bank, Brownsville, Pa-.First National Bank, Rich wood, OhioCitizens National Bank, Monessen, Pa.1Noble County National Bank, Caldwell, Ohio 1.First National Bank, Masontown, PaCentral National Bank & Trust Co., St. Peters-
burg, Fla.Merchants National Bank, Point Pleasant, W.
Va.1First National Bank, Waldron, ArkFirst National Bank, Langdon, N. Dak.1First National Bank, Brandt, S. DakFirst NationalBank, Millsboro, Pa.First National Bank, Tracy, MinnOld National City Bank, Lima, OhioNational Bank of Kinston, Kinston, N. CFirst National Bank, Kinston, N. CFirst National Bank & Trust Co., Paris, 111.1First National Bank, Pomeroy, IowaFirst National Bank, Terre Bella, Calif...Commercial National Bank, Essex, IowaFarmers National Bank, Hickory, PaSavona National Bank, Sayona, N. YMontgomery County National Bank, Cherry-
vale, Kans.Security National Bank, Milford, IowaPeoples National Bank, Shakopee, MinnFirst National Bank, Dawson, MinnOverbrook National Bank, Philadelphia, Pa _..First National Bank, Crary, N. DakAlbany Park National Bank & Trust Co., Chi-
cago, 111.Farmers National Bank, Pomeroy, WashCitizens National Bank, Odessa, TexFirst National Bank, Holton, Kans
Capitalstock atdate offailure
Dollars25,000Feb,
100,00026,1931
do25, 000 Mar. 3,1931
7,19319,1931
do
100,000 Mar.150,000 Mar100,00025,000 M:50,000 Mar30,00025,000 Mar35,000 Mar.
100,00050,000
100,000 Mar
60,000100,25,00030,00050,000
100,000 Apr,250,000 Apr,25,000Ap]
200,000
100,000
25,00050,000 Apr.25,000 Apr.25,000 Apr50,000/
300,000120,000125,000120,000 May
150,000 May40,000 May25,00050,000
50,00050,000
Date re-ceiver ap-pointed
13,193117,1931
do, 18,1931, 19,1931.dodo. 23,1931
. . . .do000 Mar. 30,1931
. —.do30,000 Mar. 31,1931
dol1,19316.J.9319,1931
do25,000 Apr. 10,193150,000 Apr. 11,1931
100,000 Apr. 16,1931125,000 do100,000 do40,000 Apr. 17,1931
100,000 do
100,000300,000
60,000 Apr. 18,1931. . doApr. 21,1931
Apr. 22,1931
do23,193127,193128,193129,1931do1,1931
do4,19315,1931
do.do
90,000 May 6,1931_do__
50,000 May 7,1931
ty 11,193125,000 May 13,1931
/Lay 14,1931500,000 May 15,193125,000 May 18,1931
300,000 May 19,1931
) do, ) do
50,000 May 23,1931
Book valueof assets
at date offailure,
estimatedgood
Dollars153,017261,138
12, 393455, 468504, 624363, 667
33,383318, 87"
19, 049239,135125, 668658,870352, 700489,135
118,958536, 59198,99426,581
216,451149,099
1,495,11679,23657,179
126, 540112,865446,127
1,996,3521,540,211
156,632
490356,002900,250
38, 291
113,902475
43, 53657,488
262,8661,409,137
379,57199,154
289,30474,62737,57893,989
350, 68847,67044,770
61,057'46,115
106,0091,144,140
19,860
107,062100,409188,561
Book valueof assets
at date offailure,
estimateddoubtful
Dollars243,077833,12267, 615438, 681790, 704259, 819146, 336145, 37679, 401112,51688, 498818, 883483,105235, 474
719, 330528, 296108,590183,570115, 202319, 550
1,53;, 216157,133610,157147,918215,893480, 238
1,637,9903,302, 311194,719
14,8831, 734, 0371,648, 468
4,780
106, 98718,08145,17780,312326,699
1,181,829597,029730, 842279.18189, 483110,811137,609267,89475,917171, 599
206,265172.182110, 400
2, 448,44359,637
1, 595,801
163,243418,595239,124
Footnotes at end of table, pp. 448 and 449.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OP THE COMPTROLLER OF THE CURRENCY 3551934, dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. SI,
Bookvalue ofassets atdate offailure,
estimatedworthless
Addi-tional
receivedsince dateof failure
Total
mentuponshare-holders
Total asset:and stock
assessment
Progress of liquidation to date of this report
Cash col-lections
from assets
Cash col-lections
fromstockassess-ment
Receiver-ship earn-ings, casJ
collec-tions froninterest,premi
urns, rentetc.
UnpaidbalanceR. F. C
loan
Offsetsallowed
andsettled
Dollars60, 735
9,16i38, 86'
126,453139, 940173, 946
22, 21332, 9453,752
26,8155,845
21,1405,383
257, 656
131, 505176, 583
7,98324,06125, 85417, 57084, 24812,09795, 95838, 54827,990
103, 612168,476392,174101,097
64,475130, 236577, 393
229,440
12,33778,9749,5622,008
36,939274,678
35, 626175,005194,94058,98113, 55525,87360,78634,43560, 287
45791
60,197327,780
25,94986,003
28,77026,676
117,003
Dollars10, 20055, 8666,992
13, 377159, 75:
20, 54;81, 25(12, OK2,154
45, 51524,8ir12, 69212,166
260,169
2,12864, 570
fe,l,786( 2,937
|~l ,02515, 90441,98542,107
34930,13523,78272,88077,982
108,9464,126
1343,02541, 595
411, 730
18,978735
46,38811, 2496,598
158,67149,87117, 29274,95921,73724, 51838,3009,17417,15558,458
89,552438
64,96230, 26542,300123,160
28,792
31,893
Dollars25,00C100,00C25, 00C
100, 00C150,00C100, 00025,00050,00030,00025,00035, 000100, 00050, 000
100, 000
60, 000100, 00025,00030,00050,000100, 000250,00025, 000200,00025,00050,000100,000125,000100,00040,000100,00060, 000100,000300,000
100, 000
25,00050,00025,00025,00050,000300,000120,000125,000150,00040,00025,00050,00090,00025,00050,000
50,00025,00030,000500,00025,000300,000
50,00050,00050,000
Dollars492,02c
1, 259, 28i150,86'
1,133,97i1, 745, OK917,97£308,18£559, 215134, 356448,98:279,824
1, 611,585903,354
1, 342,434
1, 031,9211,406, 040
242,353267,149408, 532602,123
3,402,565315, 573963, 643368,141430, 530
1,202,8574,005,8005, 443, 642
496, 574100,013182,873
2, 361, 8703,837,841
372, 511
277, 204148, 265169, 663176,057-683,102
3,324,3151,182, 0971,147, 293988,384284,828211,462345,771778, 542200,177385,114
406,919244, 526371,568
4,450,628172, 746
3,013,933
377.867599,488626,581
Dollars185, 285460, 32C39,982229,344551,154375, 33971, 035
271, 29:29,17
153, 088102,08r750,91.450,826399, 733
223, 462730,366
79,89.95,162
158,684182,118
1,257,403135, 56547,729
194,029117,387500, 305
1, 678, 7631,327,102
158,859
4,056641,897
1, 293, 209
4,745
143,978579
55,75766, 935
306,3471,172,623
320,450276,830307,173
79, 69091,020
149, 240232, 52094,333
111, 308
118, 220133,05569,902
1,414,35124.323
1,387, 230
137,767169,327226,087
Dollars19,49£81,13410,95'38, 37:95, 34*90, 530
5,22639, 22616,18C17, 39!25,88'76,80C43,17.48,446
10, 99'46, 29£
9,70826, 56414, 78"14, 741
102, 52£2,000
92,45821,47029,03945, 28074,37'63, 78823, 30154,08637, 3067,250
154,999
73, 650
6,58911,47213, 58316, 89323, 549
180, 64838, 54445, 73693,6394,9004,671
24, 28771, 59422, 6768,259
10,35416,02813,400
233, 7813,681
121, 650
42, 53016,48610,302
Dollars21,97430,18S
1, " '35, 33C17, 63825, 02S6,67<
10,95:1,318,76:
n,69:105, 44'
50, 54:22,196
19, 62:31, 45C
4, 6Lr
8,83f7,40.
12,89591, 30710,09:14, 71:14, 2414,816
27,47:76, 79
163, 5838,677
6412,362
47. 55290, 794
236
7,754346
3,5365,799
20, 97590,97111,60711,08155, 6125,6387,555
10, 09424,9599,1134,416
5, 30J5,2536,127
51, 7654,334
94,317
20,17011,15511,137
Dollars16,80C29, 40C
23, 40C
3, 20C
2,50C23, 20C
11, 50C
13, 30C12,90C4,30C
242,90C
8,70C8,70C
136, 70C290, 50C
160,900
1,600
10, 600
2,700
8,50069,000
5, 25018,900
Dollars20,05,52,161
4,78:40,
123, 04233, 03811,9121, 28<
l,13i14,15;14,00C37,10C21, 07137, 57.:
19, 44.62, 80S17, 25'5,40C
17,31530, 468
165, 3529,712
21,10730,92252,926
222, 672258,52921,409
36, 719307, 384
7,39:
2,500
20,0595,586
44, 049124, 60326, 26940,08418, 81410,42217, 2009,51836,8429,9088,764
14, 6145,851
22, 832205,8192,155
80,850
19,89433, 20037,467
15241525152615271528152915301531153215331534153515361538
1540154215431544154515461547154815491550155115521553155415551556155715581559
1560
156115621563156415651566156815691570157115721573157415751576
157715781579158015811582
158315841585
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
356 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. 31,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and1934—Continued "
Progress of liquidation to date of this report—Continued Disposition of proceeds of liquidation
15241525152615271528152915301531153215331534153515361538
1540154215431544154515461547154815491550155115521553155415551556155715581559
1560
156115621563156415651566156815691570157115721573157415751576
157715781579158015811582
158315841585
Total col-lectionsfrom allsources,
includingoffsets al-lowed and
unpaidbalanceR. F. C.
loan
Dollars263,609653, 20956,801
343, 425810, 582523, 92998, 049345, 76450, 302216, 601153, 660970, 262565, 613507, 948
285, 026870, 913124, 778148,862202,494240,226
1, 859,491157,368154,898250, 855190,864634,682
2,189, 3002,103, 502212, 24654,72743,724894,318
1,846,386
78,631
165,71812,39794, 53595,213405,520
1, 568,845396,870373,731475,238103,350120,446193,139365,915136,030132, 747
148,493160,187120, 761
1,974, 71639, 743
1,702,947
220,361232,668284,993
Loss onassets com-poundedor soldunder
order ofcourt
Dollars48,175
138,07"22,84333,87647, 463
100,05548, 401
1,9043,218
17, 756
502, 788285, 928
44, 600
63, 768143,039
11, 79830,021
26,236347,073
16,780
61,19420,62282,37698,079
294,91149, 551
296237,172148,093
6,57714,5972,247
17,44920, 745
126,611380, 501286,970
28,15520,46351,17618,55556,10870,93682,967
55,47038,95024,027
213,4356,452
233,189
3,10510,60797,483
Book valueof remain-ing uncol-
lectedassets
Dollars213, 517508, 72358, 261730, 379873, 360309, 547151, 838211, 73070,831238, 983128, 742220, 78295, 530760, 528
665, 246369,833108,403106,566175,577263,301
1, 382, 737128, 516715,91466,811211, 599467,250
1,881, 2863,463,100226, 755
13118, 521
1,346,0821, 789,155
267,766
94,25283,08966,60061, 087261,961
1, 600,478334,877418,409484, 242134, 25327,066118,458363,072
132,075
168,61541,670224,807
2,117,023114,816
1,012,664
167,101336,354215,544
Bookvalue ofremain-ing un-
collectedstock as-sessment
Dollars5,502
18,86614,04361,62954,6529,470
19, 77-10, 77413,8207,6089,113
23, 2006,825
51,554
49,00353, 70515,2923,43635,21385,255147,47123,000107,5423,53020,96154,72050,62636,21216,69945,91422,69492,750145,001
26,350
18,41138,52811,4178,10726,451119,35281,45679,26456,36135,10020,32925,71318,4062,32441,741
39,6468,97216,600
266,21921,319178,350
7,47033,51439,698
Conservators'distributions
Bookvalue ofassets
returnedto share-holders'agents
To se-cured
creditors
Dollars Dollars
To un-securedcreditors
Dollars
Dividends paidby receivers
On se-curedclaims
Dollars
5,8282,480
14,132
~~4,~ 623
4, 451
25,876
3,108
7,23177,314
48,243
47,88412,146
8,800560
70,069
3,0134,0523,879
29,89828, 73994,995
12,231
12,383
3,975
2,361
18,9955,908
On un-securedclaims
Dollars172,527330,87315,965
232,419316, 714328, 7968,871
223, 91724,437126, 54983,870820,901496,115117,852
175, 272423, 74476,31586,06948,292145,646928,12762,935
179,74881,607302,423
1,006,4231,362,318
88,73546,27033,199252,860680,015
76,647
25,38056, 505288,893797,94852,85038,420
51,81144,288122, 306234,615102,03810, 622
71,10774,06033, 501905,94813,407
776,361
61,14184,84094,313
Footnotes at end of table, pp. 448 and 449.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 357
193Jf-y dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 81,
Disposition of proceeds of liquidation—Continued
Securedand pre-
ferredliabili-
ties paidexcept
throughdivi-
dends, in-cludingoffsets
allowed
Cash ad-vancedin pro-tectionof assets
Conser-vators'
ex-penses
Receiv-ers' sal-aries,
legal andother
expenses
Cash inhands
of comp-trollerand re-ceivers
Amountreturnedto share-holdersin cash
Amountof claimsproved
Divi-dends(per-cent)
Interestdivi-
dends(per-cent)
Date finallyclosed or
restored tosolvency
Dollars60,965
249,04525,72163,830
425,123131, 34869,11671, 21814,32461,88738,44350,75121,148320, 551
76, 323351, 33730,29442,806
127,55833,174760,38172,87258,00348,81387,473
209,9421,054,489
558,79285,324
Dollars1,696
24,850262
4,4735,819
3731,186
9838
2,1207,8381,843
Dollars
510
2,20228,986
6381,0542,359
28,61436,642
874
211378
15,6708,0188,53^
3,344534,633864,471
4,745
58,963
36,658107,394
51,76423,47491,540
627,272245,177250,944318,62031,24450,41139,17251,85217,11090,278
49,98870,70465,189
966,45813,008
714,531
89,90797,280
145,853
3,42947
1722,1623,896
546
16,21648
1,161325
807
8447,630
62115,55:
3,44:4,6032,484
Dollars23,96030,9978,91732,36346, 26935,03211,44523,9795,82420,47313,68026, 22515,00521,903
25,08840,83515,92116,55721,49124,463
9,5606,35714,01720,48851,650101,085104,09423,8ir5,8154,46257,945161,698
1,371
15,3801,98811,3979,38819,44275,11223,43727,30326,76317,5107,10313,97828,81611,18313,594
18,45513,88916,85578,3857,96091,201
22,73528,29121,732
Dollars4,461
11,6163,456
10,3402,525
28,380
Dollars
26,5521,2285,5729,82970,54233,34521, 256
3,03326,0111,6102,3762,7948,32936,3033,89613,2248,066918
6,75419,28521,8772,2262,6422,7193,42232,248
2,446
8,2866,3102,1155,6743,48364,61745,50328,27918,6442,7376,41316,52250,3075,6995,870
8,1361,534397
16,2952,9455,297
24,13611,74620,611
Dollars312,125657,82045,165801,100791,554521,159129,315344,492
286,367138, 677
1, 214, 698708, 646534, 652
714,313756, 660159,001154,124148,610364,131
1,852,586149,853498,800276,534214,588668,337
1,856,1583,915,621
333,323103,09545,945
1,313,5041,812,429
84,421
137,22057,88668,07883,096
479,2031,865,349
799,076715, 642593,719129,52868,814
157,296499,236170,076184,046
158,015123,439184,659
2,264,86969,739
1,463,892
138,500382,701345,059
555035294062.51065504460. 33367.57022
25564855.532.540504115.5653850543630.1674572.262037.5
83
567376859.542.510916406077.5476012
4560204022.553
5523.33327.5
15241525152615271528152915301531153215331534153515361538
1540154215431544154515461547154815491550155115521553155415551556155715581559
1560
156115621563156415651566156815691570157115721573157415751576
157715781579158015811582
158315841585
106093—35 - 2 4Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
358 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. 81,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and1984—Continued
isfame and location of banksCapitalstock atdate offailure
Date re-ceiver ap-pointed
Book valueof assets
at date offailure,
estimatedgood
Book valueof assets
at date offailure,
estimateddoubtful
158715881589159015911592159315941595159615971598159916001601
16021603160416051606160716081609161016111612161316141615
161616171618161916201621162216231624162516261627162816291630163116321633163416351636163716381639164016411642
164316441645
Iron National Bank, Ironwood, MichFirst National Bank, Smithfield, PaMcCartney National Bank, Green Bay, WisNational Bank of Lynwood, Lynwood, CalifFirst National Bank, Prattville, AlaFirst National Bank, Fowler, IndFirst National Bank, Irvona, PaCitizens National Bank, Warren, PaFirst National Bank, Smithfield, Ohio 1
Washington Park National Bank, Chicago, 111..Inland-Irving National Bank, Chicago, 111First National Bank, Mountain Lake, MinnCommercial National Bank, Hattiesburg, Miss.Farmers National Bank, Cross Plains, TexManufacturers National Bank & Trust Co.,
Rockford, 111.Mahaffey National Bank, Mahaffey, PaFirst National Bank, St. Clair Shores, MichSecurity National Bank, Rockford, 111Peoples National Bank, Delmont, PaFirst National Bank, Downers Grove, 111First National Bank, Chillicothe, MoPlanters National Bank, Saluda, S. CWaukegan National Bank, Waukegan, 111Bottineau National Bank, Bqttineau, N. Dak_.Kingwood National Bank, Kingwood, W. Va._.Merchants National Bank, Willow City, N. Dak-Citizens National Bank, Jenkintown, PaFirst National Bank, Watseka, 111Peoples National Bank of Winston, Winston-
Salem, N. C.First National Bank, Morrison ville, 111First National Bank, Elliott, IowaFirst National Bank, Genoa, N. YFirst National Bank, Bagley, IowaFirst National Bank, Blissfield, MichFirst National Bank, Dearborn, MichFirst National Bank, Royal Oak, MichFirst National Bank, Beggs, OklaFirst National Bank, Federalsburg, MdFirst National Bank, Mechanicville, N. YBoston National Bank, South Boston, VaSecond National Bank, New Hampton, Iowa.-.First National Bank, Scobey, MontWill County National Bank, Joliet, 111First National Bank, Stronghurst, 111.1Floyd County National Bank, Floydada, Tex.1.Walthill National Bank, Walthill, NebrThird National Bank, New London, OhioGreenville National Bank, Greenville, MichFirst National Bank, Greensboro, AlaSteel County National Bank, Finley, N. Dak...First National Bank, Terrell, Tex.1 _.First National Bank, Beaverdale, PaFirst National Bank, Ripley, N. Y _Oconto National Bank, Oconto, WisUnion City National Bank, Union City, N. J___National Bank of North Hudson at Union City,
First National Bank, Boyne City, MichFirst National Bank, Ryder, N. DakFirst National Bank, Plaza, N. Dak
Dollars100,000 May75,000 M;
500,000 May50,000 Mi50,000 June75,000 Ju:25,000
125,000 Ju:100,000 June600,000 Ju:525,00025,000 June
100,00025,000 Jui
500,000 June
26,1931May 27,1931~ "ay 29,1931
ay 29,19311,19312,1931
— d one 4,1931
5,19319,1931
.—do12,1931
done 13,1931
16,1931
50,00050,000 J
—doune 17,1931
200,000 June 18,1931.--doune 19,1931
100,000 June 22,1931do100,000
250,00025,25,000
.--doune 23,1931
do25,000 June 27,1931
. . d o . . .50,000 June 29,1931
do150,000
50,00050,000 July 2,193125,000-..-do25,000 July 3,1931
-do.
60,000150,000150,00025,000
do_—do—do
July 9,193125,000—do50,000 ..._do
200,000 July 10,1931100,000 July 14,193130,000.—do
200,000 July 15,193175,000 July 17,193150,000....do25,000 July 20,193150,00050,000 July 21,1931
100,00025,000 July
200,000 _...(50,000 July
60,000 Aug300,000 A600,000
50,000 Aug.25,00025,000
Dollars368,964116,489
1,137,924173,154106, 554199,29084, 583403,964
5162,863,4611,992,425185,465220,97929, 721
2, 204,934
253, 28'127,903724, 599150,043393,110200,13583,470
1,108,437126,647216, 69928, 579113,647156,136341,035
88,27240,28671,44977, 720157, 308254,380191,93795,27589,448498,771370,269386,93396,930772,242
-do-
do..27,1931
do. 28,1931
25,000 July 30,19313,1931
ug. 6,1931...do
84,85149,461203,73348, 273147,99923,592
7,19318,1931
—Ido
151,362256,78694,942260,348
2,771,920
158,98043, 11171,213
Dollars282,934497,601
1,172,67658,977305, 217160, 236248,232637,07643, 822
4,086,7613, 243,080
73,161440,526110,460
2,895,098
407,484517,346
1, 272, 625203, 795611,026551, 111435,128
2,311,901160, 63461,43855,304440,793189, 675472,331
175,884108,327162,29370,244625,757585,245617,40078,510169, 754874,205562, 637370,051196,110
2,309,567
249,88753,006295,118257,611241,418181, 778
522,793246,153598,878
1,071,2117,232,142
303,49790, 963101,588
Footnotes at end of table, pp. 448 and 449.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPOET OF THE COMPTROLLEB OF THE CURRENCY 359
1984, dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 31,
Bookvalue ofassets atdate offailure,
estimatedworthless
Addi-tionalassets
receivedsince dateof failure
Totalassess-mentuponshare-holders
Total assetsand stock
assessment
Progress of liquidation to date of this report
Cash col-lections
from assets
Cash col-lections
fromstockassess-ment
Receiver-ship earn-ings, cash
collec-tions frominterest,premi-
ums, rent,etc.
UnpaidbalanceR. F. C.
loan
Offsetsallowed
andsettled
Dollars13,23554,119
888,37046,967
139,68167, Oil
7,484102,81997,956
1,593,884468,707
29,354240,671
68,41881,831
23,34341, 766
412,83213,17350, 212
339,94161,92057,15788, 2453,000
39, 661173, 057
456,772
11,85955, 7246,748
33,3841,635
24,82070,96220, 01713,56718, 631
293,53345, 305
1,618105, 397
69, 72817, 63510,58625, 50138,07011,201
Dollars12,49361,80749, 58816,83292,78835,475
7,45437,483
149,208365,901164,62231,84410,86323,68833.177
6,01358,950
106,96126,33317,2168,2331,771
86, 5524,0708,912
8465,265
19,841258,159
62,80055,82414, 29567,86938,65018,10995, 6697,0755,16311,68125, 28055.17810,300
169, 0621,0613,571
17, 735104,62195, 22014, 98123,184
29, 57827,34629, 311
28,71817,28327,09210,638
29, 74963,65154, 5381,674
25, 914
112, 23716,88927, 776
Dollars100,00075,000500,00050,00050,00075,00025,000125,00070,000600,000525,00025,000100,00025,000500,000
50,00050,000200,00025,000100,000100,000100,000250, 00025,00025,00025, 000150,00050,000150, 000
50,00050,00025, 00025,00060,000150,000150, 00025,00025,00050,000200, 000100, 00030,000200,00075,00050,00025,00050,00050,000100, 00025,000200, 00050, 00025,00060, 000
300, 000600, 000
50,00025,00025.000
Dollar,111, 626805,016
3, 748, 558345,930694,240537,012372, 753
1,306,342361, 502
9,510,0076,393,834344,824
1, 013,039257, 287
5,715,040
740,127795,965
2,717, 017418,344
1,171,5641,199,420
3,814, 047404, 596315,049149, 390882, 762456, 541
1, 678, 297
388, 815310,161279, 785274, 217883, 350
1,032, 5541,125,968225, 877302, 932
1,453, 2881,451,719957, 467334, 958
3, 556, 26876,061458, 037148,0718,155
.554, 579252, 209200,000771, 639696,211903, 578
1, 648, 21410, 653,160
654,292203, 309254,888
Dollars411,480193, 235
1, 516,016170,693228,534152,381113,718533,161
8903,883,1452,420,007
150,385453,383
70,1642,705,974
227,505136,024971,804178,908399, 237295, 506260,243
1,141,194118,90468,46423, 680
147,%757150,392355,838
98, 750118, 203155, 86568, 593
339, 585322,709137, 234107, 515176,150792, 693349, 724388, 08196,139
1, 271, 765
128,69061,185262,045119,139139, 61649,636
261, 593188,911390, 701615, 746
249,29036,42576, 357
Dollars29,93446, 787349,76412, 25424,40453,3018,52691,67525,282
231, 648122,29421,77634,4115,250
282, 254
33,73529,588121, 29619,81550.13066,00837,19891,5211,84115,0236,05839.13121, 38839,144
27,88019, 32723,15316,88049,00071,32748,106
22, 53136,96397, 76390,279
33154, 34720,8422,327500
41, 83417, 5856,5684,092
27, 65824,98532,290
114,312
10,0421,488350
Dollars23,03929,323
119, 4805,1054,62713,39"13,56131,0501,417
284,914193, 70014,04111,3463,02757, 613
21,79131,40633,95117,71226,49416,2588,417
115,98018,1634,5613,1458,4459,31920, 724
6,7176,86112, 4775,""
28, 79325, 09322, 627
5,43777,12322, 29037,3097,62379,923
1059,1352,99021,114, 0236,49012. 201
24030, 22211,88930, 08057, 574355,022
34,1697,3074,571
Dollars
~~~25~I6o
Dollars40,19319, 626
135, 52118,91333,79718, 6788,226
53, 528
3,7003,800
62,900
13,100
54, 2004,900
2,200
7,600
15, 800
9,500
25,100
11,300
22,400
13, 300142,100
611,440485,341
11, 27645,120
6,922308, 539
17,428150,308198, 395
10, 49466, 62864, 51619, 582
258, 08411,95517, 879
1, " "14, 51813, 75856, 593
17,3809,301
13,15910, 58324,41976, 70627, 29915,41512, 79464, 20318, 79640, 528
1,588152, 207
1,05221, 6258,511
11, 6394,8037, 6274, 465
5. 000
16. 27332, 49732, 83141, 455273, 954
22,9124,374601
158715881589159015911592159315941595159615971598159916001601
16021603160416051606160716081609161016111612161316141615
161616171618161916201621162216231624162516261627162816291630163116321633163416351636163716381639164016411642
164316441645
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
360 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. 31,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and1934—Continued
158715881589159015911592159315941595159615971598159916001601
1602160316041605160616071608160916101611161?,161316141615
161616171618161916201621162216?,31624162516261627162816291630163116321633163416351636163716381639164016411642
164316441645
Progress of liquidation to date of this report—Continued
Total col-lectionsfrom allsources,
includingoffsets al-lowed and
unpaidbalanceR. F. C.
loan
Dollars504,646314,071
2,120,781206,965291,362237,757144,031709,414
27,5895,011,1473,225,042
201,278544, 26085,363
3,354,380
300,459410,226
1,325,446226,929555,589442, 288325,440
1, 660,979155,763105,92736, 776
209, 851194,857472, 299
158,327153,692204, 654101, 622441, 797511,635235, 266139,314216, 912970,982488, 573581,297105,681
1, 558,24221,999
173,07773,186
359,596155, 550160,30170,39460,328
335,746258,282485,902776, 558
5,885,069
316, 51354, 59481,879
Loss onassets com-poundedor soldunder
order ofcourt
Dollars62,435
199,198313,06323,779
168, 62643,41582,85528,320
653, 686346, 700
59,705171,361153,783264, 782
123,49214,539
145,86548,072
107,19680, 69284,54067,1882,762
15,4938,645
112,6772,186
242,341
1,1607,174
85,761
166,122187,61470,422
88,988415,370
59,669142, 598128, 80893,907
18,9279,080
62,26982,181
135,63822,772
182,79055,21693,870
326,2532,905,580
68,553
65,373
Book valueof remain-ing uncol-
lectedassets
Dollars163,518317,957
1,283,95882,545
213,283247,538142,954566,333290, 612
3,761,7362, 616, 786
98,458243,175
1,4181,935, 745
321,702445,094
1, 200,953155,870498,503658,706217,924
2,097,581245,975188, 21390,372
457,810240,205873,525
221, 525125,483
170,041293,224295, 525741,01377,947
131,022823,530286,26078,423
1,838,3899
238,79544,295
202,202142,545171,698150,336
260,983394,587326,176364,760
1,873,945
263, 537137, 51087,557
Bookvalue ofremain-ing un-
collectedstock as-sessment
Dollars70,06628,213
150,23637,74625, 59621,69916,47433,32544,718
368,352402, 706
3,22465, 58919,750
217, 746
16, 26520,41278,704
5,18549,87033,99262,802
158,47923,1599,977
18,942110,86928, 612
110,856
22,12030, 673
1,8478,120
11,00078,673
101,89425,0002,469
13,037102, 237
9,72129,669
145, 65354,15847, 67324,500
8,16632,41593,43220,908
139,91222,342
1527,710
251,517485,688
39,95823,51224,650
Bookvalue ofassets
returnedto share-holders'agents
Dollars
Disposition of proceeds of liquidation
Conservators'distributions
To se-cured
creditors
Dollars
To un-securedcreditors
Dollars
Dividends paidby receivers
On se-curedclaims
Dollars
23,402
20,895
2,760
83,588
7,536
31, 25912, 361
5,001
3,86212, 665
26, 698
7,324
51, 389
25,431
13,781
500
4,96551, 789
1,91421, 243
3,065
On un-securedclaims
Dollars269,965188,816
1, 366, 52618,07746,117
143,55239, 683
511, 250
3,694, 5031,450,324
159,738155,431
1,318,209
198,542177,808653,301167, 628348,236104,05093, 797
1,003, 22822, 23517,46110, 74134,126
116,92975,048
72, 56986, 700
121, 61451,123
266,985295, 598141,48731,025
173,714820,790112, 442463,953
346,10816, 79033,83333,181
287,90697, 729
3,6005,062
249, 589127,341297, 718584,673
4, 551, 727
236,0386,848
Footnotes at end of table, pp. 448 and 449.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 361
1934, dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 81,
Disposition of proceeds of liquidation—Continued
Securedand pre-
ferredliabili-
ties paidexcept
throughdivi-
dends, in-cludingoffsets
allowed
Cash ad-vancedin pro-tectionof assets
Dollars172,92294,878
457,842168, 337174, 61157, 42663, 566
1,451799, 558
1, 557, 63329, 689
258,80665, 245
1, 787,016
62,440169, 596573,112
36, 262150, 216256,584162, 816494, 549100, 74455,12710,008
127, 03938, 348
280, 576
70, 77,16, 05348,87935, 543
131, 643165, 72439,04492,14326, 530
115, 799268,712
70, 26294,19'
544, 0841,052
104,81426,13340, 30939, 235
122,14547, 615
61,17374,885
128, 035118, 573
1,026,434
27, 28529,01876,024
Conser-vators'
ex-penses
Dollars16,9142,514
65,07221031
7991,5294,400
59,02910, 503
931964
14, 581
1,85821, 7466,2241,220
13, 425499
11,45:42, 97J8,087
685295
5,3062,556
907747
90010, 79212,1436,992289
139,97514, 516
6533, 340
508181
4,031461968683
4963,1808,3057,761
77, 373
2,5084,44'
i:
Dollars
Receiv-ers' sal-aries,
legal andother
expenses
Dollars29,82224,421
15,04621,07416,13314, 58142,239
1,578246,903189,558
9,59836,05115,374
113, 408
27, 27229, 31265, 29918,19142,03124, 41329,69794, 67818,16114, 3917,328
19, 24616,80142, 334
13,05110, 53311,0579,447
25,88134, 62333,41313, 27416, 66829,17"34,88830, 2049,43875,1302,227
17, 4799,840
25, 50317, 24320, 50712,0063,40916,44123, 02746,94859,918
207, 488
25, 5136,6934,968
Cash inhands
of comp-trollerand re-ceivers
Amountreturnedto share-holdersin cash
Dollar.15,0233,442
144,4425,295
26,12719, 84724,67252, 6023,665
2*1,15414,2641,3229,4204,744
121,166
10, 3474,22827, 5103,6281,681
25,48315, 31725, 5511,53514,9644,15216,48017, 47345,08'
1,02539, 65923,1044,6096,4963,54:7,0062,583
5,2031 1 , :2,3621,
534,1491,9302,6623,8511,84"382
16,6811,525
686,1338,6064,8965,63322, 047
25,1694,526
87.
Dollars
Amountof claimsproved
Dollars348,919418,355
1,953,94172, 691695,340287,105238,078866, 52654,987
3, 624,270218,824690,753139,323
2, 582., 140
567, 438516,138
1, 507,862304, 643771, 413711,391312,4fr
2, 509,062256,937174, 61189, 503467,928284, 555902,095
190,970134, 574162, 236119, 664578, 514517, 984738, 27573,032
212, 5121, 203,139883, 442610,114234, 896
2, 295, 43589, 548
284, 24563,809394,874227,289292,864174,83750,449482,387488, 772576,082835, 247
7, 708, 676
429, 683115,729105, 651
Divi-dends(per-cent)
77457025105016.667593855407335
51
3535425545163040101016104110
3864.5754346562042.581.716818
1518.75165272.543
5100522951. 6677059
558. 3333
interestdivi-
dends(per-cent)
Date finallyclosed or
restored tosolvency
July 21,1934
15871588158915901591159215931594159.5159615971598159916001601
16021603160416051606160716081609161016111612161316141615
161616171618161916201621162216231624162516261627162816291630163116321633163416351636163716381639164016411642
164316441645
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
362 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. 81,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and1984—Continued
Name and location of banksCapitalstock atdate offailure
Date re-ceiver ap-pointed
Book valueof assets
at date offailure,
estimatedgood
Book valueof assets
at date offailure,
estimateddoubtful
1646164716481649
165016511652165316541655165616571658165916601661166216631664
166516661667166816691670167116721673167416751676167716781679168016811682
1683
1684
168516861687
1690
16911692
1695169616971698169917001701
First National Bank, Van Hook, N. DakFirst National Bank, Parshall, N. Dak__First National Bank, Maryville, MoManufacturers National Bank, Mechanicville,
N.Y.Columbus National Bank, Columbus, Ohio1
First National Bank, Polo, 111First National Bank, Blythe, CalifFirst National Bank in Mount Vernon, S. Dak_.First National Bank, Colony, Kans _National Bank of Monticello, Monticello, Ind.1..First National Bank, Lehigh, IowaFirst National Bank, Fairchild, WisUnited States National Bank, Los Angeles, Calif.First National Bank, Bancroft, IdahoFirst National Bank, Wauseon, OhioFarmers National Bank, Bridgewater, S. Dak...Peoples National Bank, Latrobe, PaFirst National Bank, Sweet Springs, MoQueensboro National Bank of the City of New
York, New York, N. Y.The Farmers National Bank, Fairfax, S. Dak...Prineville National Bank, Prineville, OregFirst National Bank, Lyons, GaFirst National Bank, Vidalia, GaFirst National Bank, Westbrook, MinnFirst National Bank, El Paso, Tex _First National Bank, Coin, IowaFirst National Bank, Randolph, IowaFirst National Bank at Smithfield, OhioNational Bank of Defiance, Defiance, Ohio _Security National Bank, Mobridge, S. DakFirst National Bank in Alexandria, S. DakFirst National Bank, Eudora, ArkFirst National Bank, Mora, MinnPlain view National Bank, Plainview, TexLimon National Bank, Limon, ColoFirst National Bank, Merrill, IowaRockaway Beach National Bank, New York,
N.Y.Labor National Bank of Montana at Three
Forks, Mont.Bank of Pittsburgh National Association, Pitts-
burgh, Pa.Peoples National Bank, Salem, N. YFarmers National Bank, Trafalgar, IndInkster National Bank, Inkster, MichRogers Park National Bank, Chicago, 111First National Bank, Lynchburg, OhioCommercial National Bank & Trust Co., St.
Joseph, Mich.First National Bank, Hankinson, N. DakFirst National Bank, Midland City, AlaAlderson National Bank, Alderson, W. VaHighland National Bank, Pittsburgh, PaFirst National Bank, Viborg, S. DakOgden National Bank, Chicago, 111First National Bank, Fort Mill, S. CFarmers National Bank, New Bedford, 111First National Bank, Bode, IowaFirst National Bank, Sisseton, S. DakFirst National Bank, Hagerstown, Md
Dollars25,00025,000
100,000100,000
Aug. 8,193:do
Aug. 10,193do
500,000 Aug. 11,193:50,000 Aug. 12,193:
do. . . . doAug. 14,193:Aug. 15,193:Aug. 17,193:Aug. 18,193:
doAug. 20,193:Aug. 22,193:Aug. 24,193:
dodo
50,00025,00025,00040,00025,00025,000
1,000,00025,00050,00025,000200,00050,000200,000 Aug. 26,1931
— _doSept. 1,193
000 Sept. 3,193do
25,00050,00025,35,00030,000 Sept.
1,000,00050,000 Sept45,000
4,193...do
. 8,193:
50,000 Sept. 10,1931150,000 do50,000 Sept. 11,1931
do>, 000 Sept. 12,1931
25,000 Sept. 14,1931Sept. 16,1931
do40,000 Sept. 18,1931
200,000 Sept. 19,1931
25,000
3,000,000
40,00025,00025,000
....do
lept. 21,1931
Sept. 23,1931_do-_
100,00050,""200,000
do..Sept. 24,1931
000 Sept. 28,1931"" —.do
30,00035,00025,000200,00040,000 O.200,00040,00025,00025,00075,000150,000 Oct.
.do._do.
_..do_._do'Ct. 1,1931
do.do
—do...do
5,1931
Dollars65,80262,693
280, 62C1, 567, 36'
Dollars183,400129,704382,258
1,636,~"
263,79£150,97'37,87£38,61C4,00S43,17038,412
6,174, 95335, 546222,09294, 586
1,103, 27837, 679780,346
48,60528,303127, 698169,230187, 294
5,084,16545.01033,30032,859
482, 37790,78'128,368109, 670113,279415, 74170, 727146,923771, 281
40,122
26, 708,938
277,90262, 52041, 745223, 73161, 570412,844
64.01140,789407,802854,919125,390165,41277, 59667, 75617, 298118,788
1,380,408
256,619248,967157,068111, 18J
701235,996113,810
2,236,90426,736392,852182,607
1, 730,60262,938
1,765,166
149,136100,65834,70291,055191,791
3, 787, 21167, 57047,379
286, 687761, 960146,465333,352147,632256,166
1,182,11877, 059118,546
1, 538,101
128, 527
28,298,687235, 36852,301239, 375
1,146,953217,434
1,856,440
114,19595, 625103,157
3, 513, 332204,154385,314103,07347,54897, 510234,045
1,854, 363
Footnotes at end of table, pp.448 and 449.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 363
1934, dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 31,
BookT7CtlllO f\fVaiUc OIassets atdate offailure,
estimatedworthless
Dollars11,9354,569
13,417134,899
17,60227,7804,7323,797
51,1523,8606,121
525,46449, 23241, 72230,474
238,16652, 50834,299
1,78441.70426, 203
135, 03717,017
835,72356, 41734,109
1,425269,626
9,71017, 68722,4566,748
404,8602,3103,587
58,438
17,916
2,555,540
46, 28822,1368,447
24,1068,695
1,219,425
17,01854,66839,67548,08250,106
193,443157, 62110,63010,99347,41954,301
Addi-tionalassets
receivedsince dateof failure
Dollars3,469
10,88663,76641,287
7,73318, 25044, 54021, 769
11, 37329, 50897,76819, 71972, 71456,404
147, 53916,12833,955
9,0355,479
11,02028, 5703,791
127, 20339, 41050, 61016, 395
49323,9063,4644,239
11,167139,213
4,81716,5786,081
9,580
1,481,044
44,96713,40618,1592,8742,210
193,615
48,3634,191
21,35347,62060,00846,09023, 2247,8562,599
979234,142
Totalassess-mentuponshare-holders
Dollars25,00025,000
100,000100,000
500,00050,00050,00025, 00025.00030,00025, 00025,000
1,000,00025,00050,00025,000
200,00050,000
200,000
25,00050,00025,00035,00030,000
1,000,00050,00045,00050,000
150,00050,00050,00040,00025, 000
125,00030,00040,000
200,000
25,000
3,000,000
40,00025,00025,000
100,00050,000
200,000
30,00035,00025,000
200,00040,000
200,00040,00025,00025,00075,000
150,000
Total assetsand stock
assessment
Dollars289,606232. 852840,061
3,479,811
500,000595,752495,974269, 215200, 35785,862
319, 399212,851
10,035,089156, 233779,380389,071
3,419, 585219, 253
2,813,766
233,560226,144224, 623458,892429,893
10, 834, 302258, 407210,398387, 366
1, 664,456320,868532,871323,997412, 360
2,266,932184,913325,634
2, 573,901
221,145
62,044,209
644,525175,363332,726
1,497,664339,909
3,882,324
273,587230, 273596,987
4,663,953479,658990,259401,514158,790153,400476,231
3,673,214
Progress of liquidation to date of this report
Cash col-lections
from assets
Dollars36,66541, 540
358,9801,920, 675
258,332221.84540,19769,6622,138
125,05962,091
5,478,80662,460
330, 22383,387
1,088,95667,598
1, 657,979
57,38085,70679,36984, 420
205,3854,416,479
68, 46835, 529
124,860632,89492,412
178,339140, 346241,878569,201105, 704121, 710
1,492,757
109,537
38,187,896
401,55587,163
137,315519,895160,626
1,208,180
63,91387, 357
230,9882,335,813
139,333223,31,7145,86954,29740,38586, 254
1,344,507
Cash col-lections
fromstockassess-ment
Dollars50
2,91118,40577,340
230 78031,87313,10415, 2054,634
20,99711,1193,208
490,32914,87237, 3503,149
141,48613,31056,020
9,39511,9913,5399,969
20,433230, 73717,97528,34625,568
117,9286,365
27, 79618, 5035,079
33,3456,3058,035
149,507
10,249
2,599,746
18,40018,31220,94428,15840,814
134,811
3,3393 270
17,555160,85922,71736,26118,05717,35110, 53015,423
114,491
Receiver-hip earn-ngs, cash
collec-ions frominterest,premi-
ums, rent,etc.
Dollars4,5948,062
19,676156,473
2,44014,8405,9795,7733,172
6975,7104,837
294,8462,884
30,1264,463
90,7682,426
47,940
11,2497,3385,4325,662
15,948259,463
2,9302,948
15, 65342, 28717,36912, 7854,588
16, 67439,6724 10?4,343
36, 699
8,336
1,033,705
38,4044,484
15,76154,4055,238
134,105
6,2003,175
10,249180,16610,84715,3685,0472,8382,645
12,8986,470
UnpaidbalanceR. F. C.
loan
Dollars14,5007,5001,000
24,200
7,100
1,300
3,300
24,050366, 600
3,70021, 300
225,300
8,70070, 7005,700
23, 300
36,300
7,10027,800
118,500
5,500
4,80092, 30010,700
2,2002,2007,000
53,200
Offsetsallowed
andsettled
Dollars7,1883,086
40, 350240, 620
21,4764,4743,6235,8721.9507,5218,171
704,6763,676
16, 52423,935
150,9404,032
120,007
31,5116,790
19,04127,64723,178
1,089,9106,3924,4389,620
57, 2901,156
38,46015, 3699,734
91,9957,763
17] 17864,466
4,421
3,560,587
20, 39710,84835,43060,6465,855
193,046
4,2104,750
27,944364, 281
14,16248,67212, 2288,6854,3502,652
143,085
1646164716481649
165016511652165316541655165616571658165916601661166216631664
166516661667166816691670167116721673167416751676167716781679168016811682
1683
1684
168516861687168816891690
16911692169316941695169616971698169917001701
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
364 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. 31,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and1934—Continued
1646164716481649
165016511652165316541655165616571658165916601661166216631664
166516661667166816691670167116721673167416751676167716781679168016811682
1683
1684
168516861687168816891690
16911692169316941695169616971698169917001701
Progress of liquidation to date of this report—Continued
Total col-lectionsfrom allsources,
includingoffsets al-lowed and
unpaidbalanceR. F. C.
loan
Dollars62,99763,099
438,4112,395,108
233,220350,721245,402
71,89883,34025,782
149,40979,607
6,968,65787,192
414,223138,984
1,838,75087,366
1,881,946
109,535111,825107,381131,398286,244
6,221,88995,76571,261
184,401921,099123,002280,680178,806273,365770, 513123, 874151, 266
1, 743,429
132.543
45, 381,934
478, 756120,807216, 550690,904212, 533
1,788,642
83,16298, 552
291, 5363,133,419
197. 759323, 618181, 20185,37160,110
124.2201, 741,753
Loss onassets com-poundedor soldunder
order ofcourt
Dollars
4,43912,166
647,641
8,893204,888
515
104,49637,105
277,3715,283
68,8034,280
300,2374,070
577,054
10,71020,290
2258,186
49,78251,64259,18034,61430,92742,2217,7388,5646,206
82,016225.188
41, 44652, 272
459,480
33,129
2, 501, 046
121,98817,32057,363
315,714123,428258,589
2,8919,2141,685
515, 35611,764
148,81213,1092,946
13,36570, 633
565,863
Book valueof remain-ing uncol-
lectedassets
Dollars220,753158,787328,565570,875
257,05114,767
200,39599,308
57,32380,484
2,574,23659,814
313,830252,469
1,679,45293,553
258,726
108,95363,358
100,988303,639121,548
4,276,27174,36790,817
171,959782,051169,562257,508122,07653,732
1, 255,548
94, 474357,198
49,058
14,794, 680
60, 58535,03277, 618
501,409
2,022,509
172. 57393,952
311,3701, 248, 503
274, 399369, 458190, 30867, 86270,300
241. 6921.469, 759
Bookvalue ofremain-ing un-
collectedstock as-sessment
Dollars24,95022,08981,59522,660
269,22018,12736,8969,795
20,3669,003
13,88121,792
509,67110,12812,65021,85158,51436,690
143,980
15,60538,00921,46125,0319,567
769,26332,02516,65424,43232,07243,63522,20421,49719,92191,65523,69531,96550,493
14,751
400,254
21,6006,6884,056
71,8429,186
65,189
26,66131,7307,445
39,14117, 283
163,73921,9437,649
14,47059,57735,509
Bookvalue ofassets
returnedto share-holders'agents
Dollars
51,774
Disposition of proceeds of liquidation
Conservators'distributions
To se-cured
creditors
Dollars
To un-securedcreditors
Dollars
Dividends paidby receivers
On se-curedclaims
Dollars3,6323,637
171,327
1,5766,1414,058
15,754
1,88330,000
7,37928.666
5,2929,6386,6196,119
279,930
67,31914,97212,1076,149
76,528
3,998
813,402,705
64. 3176,153
4,0973,215
47
10,134
12,503
On un-securedclaims
Dollars17,03811,75698,822
1,737,228
211,753264,174
10,75721,2497,463
120,41038,330
3,803,46923,482
201,96149,776
1,387,76759,472
1,293,852
7,54025,15121,76614,371
192,6662,404,998
47,48937,061
112,094435,988
13,98095,91323,243
152,001256,38426,456
101, 2281,160,074
47,751
8 5,374,297
393,91558,134
138,595241, 63139,460
909,541
14,9381,633
206,0512,014,034
104,974136,20927,95353,83632,91820,235
1,010,755
Footnotes at end of table, pp. 448 and 449.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 365
1934, dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 81,
Disposition of proceeds of liquidation—Continued
Securedand pre-
ferredliabili-
ties paidexcept
throughdivi-
dends, in-cludingoffsets
allowed
Cash ad-vancedin pro-tection
of assets
Conser-vators'
ex-penses
Receiv-ers' sal-aries,
legal andother
expenses
Cash inhands
of comp-trollerand re-ceivers
Amountreturnedto share-holdersin cash
Amountof claimsproved
Divi-dends(per-cent)
Interestdivi-
dends(per-cent)
Date finallyclosed or
restored tosolvency
Dollars32,38535, 562
141, 535518, 316
Dollars568643
1,28614,386
Dollars
55,406210, 35332,07237, 635
1,9507, ' "
20, 6062,003,152
33, 412125, 53165,092
364,18514, 583
473, 567
70, 71954,86059,48689, 39075, 243
3,132, 22724, 91315,94252, 314
363, 70778, 600
145, 206123,15196,123
362, 71685, 66030, 355
496,094
63,820
24, 730,933
60,33835,98335, 502
381, 82897,444
704, 000
47, 01179,15753,048
995,06574,817
128, 722110,322
15, 91512, 77774, 732
636,692
710168,912
11621,2168,2477,016
4,261
1,779
1,262638205
200, 269477
3,7697,258
7746,1334,591
1,8921, 5613,879
865
503
248, 652
14423,406
38
50,822
1,110123
5,11818,680
2284,6591,766
Dollars8,3747,642
19, 55463,655
17, 42318,44617,04710,99317, 5592,647
Dollars1,0003,8595,887
61, 523
4,0444,527
Dollars
1,38016, 530
11, 50615, 682
238, 20810, 43326, 27515,41167, 45010, 03049, 930
15, 75214, 24512,90318,06412, 822176,82012, 72911, 38313, 88640, 49713, 28317,12018, 22617, 64764,11810,19712,51045,183
10, 481
535,328 1,
18,13511,65214,50757,14911,312
9,8272,396
724,91612, 37010, 574
45812, 3323,281
60, 336
8,4537. f""5, 3452,816
27, 64510,1576,875
6,3301,3934,2013,4467,5948,875
3,29441,213
5,990
, 090,019
6, 22415,0384,54010, 258
4,008124913
105, 722
13, 6029,43123,16690,83813,89839,53215,80910,2698,71315,01683,208
12,404
2,4044,9934,15314,7553,84214,49615,2175,3511,6941,610
10,185
5,431
Dollars206,777148,905403,126
2, 584, 560
504,174405, 386168, 249145,197114, 72117, 299
218,954123, 514
6, 388,67048. 543444, 805206,872
2, 307, 51499,099
1, 797,017
126,98044, 82096, 049276, 860283, 335
5,132, 29591,40652, 664257, 262878, 352115, 739271, 819101,129253, 629
1, 637,58634,029184,052
1, 657,736
86, 587
26,558,161
498, 62966,564210,878833,20876, 646
2,397,441
120,78591,101454,771
3,073,887269,165449,507204,11581,25482,302277,434
2,101, 894
10106767
42657181010055316057.545.524606072
10572576846.527043.5022.3523602077.5570
55
8 70
2. 64 Dec. 19,1933
56
7987.562.52964.1438
1554565.5393015654011.5
Aug. 20,1934
Apr. 30,1934
1646164716481649
165016511652165316541655165616571658165916601661166216631664
166516661667
1670167116721673167416751676167716781679168016811682
1683
1684
168516861687168816891690
16911692169316941695169616971698169917001701
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
366 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. 31,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, ana19$Jt—Continued
Name and location of banksCapitalstock atdate offailure
Date re-ceiver ap-pointed
Book valueof assets
at date offailure,
estimatedgood
Book valueof assets
at date offailure,
estimateddoubtful
1702170417051707170817091711171217141715171717181720
17211722
172317241725172617271728172917301731173217331734173517361737
173817391740174117421743174417461747174817491750175217531754175517561757
1758176017611762176317641765176617671769
First National Bank, Reed City, MichPeoples National Bank, Pulaski, N. YFirst National Bank, Unionville, N. YFirst National Bank, Orbisonia, PaFirst National Bank, Kewanee, 111Security National Bank, Bowie, TexNational City Bank, Ottawa, 111First National Bank, Elba, AlaFirst National Bank, Smithville, TexCalumet National Bank, Chicago, 111First National Bank, Colville, WashPeoples National Bank, Point Marion, PaPlanters & Merchants First National Bank,
South Boston, Va.First National Bank, Carterville, 111National Bank of Fayette County, Uniontown,
Pa.First National Bank, Carey, OhioMoshannon National Bank, Philipsburg, Pa.__.National Mohawk Valley Bank, Mohawk, N. Y.Farmers National Bank, Leechburg, PaMain Line National Bank, Wayne, PaFirst National Bank, Hastings, Nebr. _First National Bank, Belington, W. VaFirst National Bank, Fairview, W. VaFirst National Bank, Deer Trail, ColoFirst National Bank, Fort Stockton, TexFirst National Bank, Chase City, VaFirst National Bank, Pollock, S. DakCitizens National Bank, Vandergrift, PaFirst National Bank, Auburn, NebrFarmers & Merchants National Bank, Webster,
S. Dak.Houston National Bank, Dothan, AlaFirst National Bank, Stewartville, MinnNational Bank of Sidney, Sidney, IowaGary National Bank, Gary, W. VaFirst National Bank, Anawalt, W. VaFirst National Bank, Bishop, TexFirst National Bank, Mathis, TexFirst National Bank, Yuma, ColoFirst National Bank, Brunswick, MoFirst National Bank, Isanti, MinnFirst National Bank in Versailles, MoWest Side Atlas National Bank, Chicago, 111-.First National Bank, Elizabeth ton, TennWestmont National Bank, Westmont, N. JFirst National Bank, Roxboro, N. CFirst National Bank, Erie, 111Belvidere National Bank, Belvidere, N. JLyon County National Bank, Rock Rapids,
Iowa.First National Bank, Cowen, W. VaFirst National Bank, Lake City, IowaFirst National Bank, Turkey, TexFirst National Bank, Baldwin Park, CalifFirst National Bank, Doon, IowaFirst National Bank, Blockton, IowaCity National Bank, Herrin, 111Citizens National Bank, Prosperity, S. CFirst National Bank, Newark, N . YFirst National Bank, Dexter, Mo
Dollars100,00050,00030,00050,000
125,00050,000
200,000100,00050,000
400,00060,000 Oct.50,000.
125,000 Oct.
Oct.
Oct.
Oct.
5,1931dododo
6,1931.do.do.do
7,1931do
8,1931.do
10,1931
50,000 . . . . d o500,000 Oct. 12,1931
25,000150,000100,00050,00050,000
200,00040,00030, 00025,00050, 000
100,000
do
"do."dodo
Oct. 13,1931dodododo
25,000125,00050,00050, 000
150,00050, 00060, 000
100,00050,00025,00025,00040, 00050,00025,00030,000
200, 00075,000 Oct25, 000
150, 00040,000100,00075,000
Oct. 15,1931
dododododododo
Oct. 16,1931do
_do_.do.do. 19,1931.dodo
Oct. 20,1931
25,00050, 00025,00035, 00050,00025, 00050, 00050,000150,000 Oct,50,000
doOct. 22,193
.do.do.—_do_do.do.do23,193:
-do
Dollars214,863259,877448,331112,495901,33921,156355,42519,377
109,408681, 534491,297184,459246,925
109,7291,643,368
117,759181,596363,120225,843393,899695,15139,990130,65632,926305,310235,41641,701501,824214,624183,383
300,474141, 00780, 927338,228152, 08335,58929,261118, 28744,52131,77564,813233, 221299,037153,154139,841364,944412, 705330,455
89,066110,553
148, 73918,89132,20555, 78444,266
697, 62649,831
Dollars1,073,344433,287273,591485,300674,316161,838835,070229,844144,665
2,473,162276, 572336,931
1,323,307
302,4909,086,179
117,9081,478,014825,474440,005394, 744
1,668,"'356, 722204,09653, 520167,160523,895108,977968,645124,911339,831
567, 702390,530150,380411,52498,07790,66159,45965, 243195, 21"226.011180,461
1,399,639932,630196,448380,416254,077
1, 633, 721792,814
29,850147.012118,21395, 585177,763121, 017821,906209,489
1, 610,456306,432
Footnotes at end of table, pp. 448 and 449.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 367
1934, dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 81,
Bookvalue ofassets atdate offailure,
estimatedworthless
Dollars249,08937,72417,940
915,42398, 235
182, 284202, 21757,116
352,11323, 9319,218
313, 354
12, 235304, 072
13,535145,306
17, 0144,404
42,0288,330
19,98521, 2237,435
32, 36420, 62431,77698,42635, 26959,943
155, 5099,450
64, 96946, 39716, 66923, 27117, 9988,609
97,8721,377
46,172441, 558158, 274
61, 663139,898
8,88591,419
126, 618
4,758142,86228,19746, 78635,169
1,69231, 012
6,615124, 33363, 737
Addi-tionalassets
receivedsince dateof failure
Dollars223,523
9,336644
38,335156,52256,44818, 79266, 35726,803
107,42360,81115,42685,220
339415,565
35,480146,12766,77824, 494
2,46039,916
6,2193,8223,996
117, 272105,49511,133
104, 93472, 20717,801
259, 50510,83574, 843
103,7128,943
33, 36430,02949, 285
7,44412,9405,432
19,14333,81797,84828,88626, 83423,447
3,125
18787,1448,6739,968
14, 370585
49, 973138, 590110, 383
12, 668
Totalassess-mentuponshare-holders
Dollars100,00050,00030,00050,000
125,00050,000
200,000100,00050,000
400,00060, 00050,000
125,000
50,000500,000
25,000150,000100,00050,00050,000
200,00040,00030,00025,00050,000
100,00025,000
125,00050,00050,000
150,00050,00060,000
100,00050,00025,00025,00040,00050,00025,00030,000
200,00075,00025,000
150,00040,000
100,00075,000
25,00050,00025,00035,00050,00025,00050,00050,000
150,00050,000
Total assetsand stock
assessment
Progress of liquidation to date of this report
Cash col-lections
from assets
Cash col-lections
fromstockassess-ment
Receiver-ship earn-ings, cash
collec-tions frominterest,premi-
ums, rent,etc.
UnpaidbalanceE. F. C.
loan
Offsetsallowed
andsettled
Dollars1,860,819
790, 224770, 506686,139
1, 872, 600387,677
1, 591,571617, 795387,992
4,014, 232912, 611596,034
2,093,806
474, 79311,949,184
309,6822,101,0431, 372,386
744, 746883,131
2,612,381462,916389, 797122, 877672,106985,430218, 587
1, 798,829497, 011650,958
1, 433,190601,822431,119999,861325, 772207, 885161, 747281,424395, 052297,103326,878
2, 293, 5611,498, 758534,113839,041694, 740
2, 261, 2921, 328, 012
148, 861537, 571213, 078336,078296,193180,""
1,008, 675
2,692, 798
Dollars440,205386,601473,821275,679801,379113,705452,74277,263161,997
1,337, 645446, 361171, 642836,376
154, 2275,101,930
178,028549,096637,105258, 777224,314
1,168,93,0195, 224214,06852, 711
248, 300299, 51934,849624, 689196, 363187, 787
379, 663327,97i120,472323,55091,45579,19839, 79894,99172, 333149,87194, 200911,838272,139146, 683137, 656214, 601
1,143,148691,137
59, 756126,03443,986120, 38887,04150, 238474,205149,427
1, 297,847267,684
Dollars
31,52329,90047.13598,42829,05248,38124,33420.136134,08724,12528, 64774,135
31, 464260, 595
20, 200123,92362,68335, 28531,99789,06334,42028, 5007,63512,01262, 6529,82491,40929,55011, 348
25,97334,05742, 6153, 20725, 3095,08011,53817, 34319,10013,17, 73966, 32922, 51313, 40534,05011, 60090,0957,474
6,77622,0544,00019,8983,2163,50030,85434, 20183, 3035,695
Dollar,51,989
Dollars
26,73938,78832, 56043,067
7,17630, 2692,223
10, 415104,865
15, 55428,07843,271
11,884359,128
9,64460,67336, 62416,17710,14860,49115,91416,1483,1759,833
19, 4185,611
58,07711, 46816, 35!
20,28120, 13J9,600
19, 4754,0266,0102,4465,1735,713
14, 7457,536
53,98222, 94510,4886,530
11,30385,20852, 974
2,59910,2413,7007,0503,1031,934
27,8457,278
88,23511, 605
6,60090, 600
37,80031, 500
555,600
84,60043,90011,000
23,800600
110,40013,100
65,900
14, 300
1,2004,700
2,6009,400
11,000
14,000
15,150
12,600
55,000
Dollars89,09240,18412, 3987,94161,37313, 586108,6127,59113,485158,88841, 05534,03693,922
8,120475,85̂
11,00781, 61147,72927,87743,958239,62914,4398,0335,491
27, 25720,3041,70479,96913, 58118,054
53, 29420, 2629,36724,09913, 78225,9507,8577,4805,7344,65915,195135,89239, 56752, 57511, 78825,82678, 34250,158
6,19216, 9733,52933,4247,6778,04283,93514,33595, 75912, 784
1702170417051707170817091711171217141715171717181720
17211722
172317241725172617271728172917301731173217331734173517361737
173817391740174117421743174417461747174817491750175217531754175517561757
1758176017611762176317641765176617671769
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
368 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. SI,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and1934—Continued
1702170417051707170817091711171217141715171717181720
17211722
172317241725172617271728172917301731173217331734173517361737
173817391740174117421743174417461747174817491750175217531754175517561757
1758176017611762176317641765176617671769
Progress of liquidation to date of this report—Continued
Total col-lectionsfrom allsources,
includingoffsets al-lowed and
unpaidbalanceR. F. C.
loan
Dollars581,286485.047554, 907363, 315
1,004, 247170,119730, 604111,411206, 033
1,735, 485527, 095300,203
1,079,204
205,6956, 753,110
218, 879899,903828,041349,116310,417
1, 558,113283, 797267,349
69, 012297,402401, 893
51,988964, 544264,062233, 541
545,111402,429182, 056420, 331134,572130,538
61, 639126,187107,580182, 965134,670
1,170, 641366, 564234,151190,024277, 330
1,396,793801, 743
75,323190,452
55, 215180,760101,037
63, 714629,439205, 241
1,620,144297, 768
Loss onassets com-poundedor soldunder
order ofcourt
Dollars286,341135, 447213,138233 138123, 56374, 01635, 77013 92329, 791
223, 321147,69844, 369
108,983
136,175674,184
31,016154, 222220,14540,27922,385
434,16365,94536,834
2,0819,239
11,5578 410
155, 45521, 25230,833
165, 617148, 851
41, 52673, 5194,478
2,86431,67966,4985,486
191,52616,39237, 54242,499
6,102750,404223, 097
31,39032,47112,976
108, 29630,547
529,83229,101
Book valueof remain-ing uncol-
lectedassets
Dollars945,181177,99241.149
119,381761, 285136,370794,447419, 018132, 719
1,894, 378217,497295,987929,525
126,2715,197, 213
64, 6311,166,114
367,407367,813542,474569,659147, 308100, 862
37, 594337,310554,050148, 624813,716215,815364, 284
684,61654, 734
199, 754478, 693166,057
77, 73789,092
136, 089235,306
51,075181,997854, 305
1,095,660272, 313497,098408, 211189, 398288, 620
57, 913344, 564140, 563115, 876119, 00484, 243
292, 239204,651619,360123,099
Bookvalue ofremain-ing un-
collectedstock as-sessment
Dollars100,000
18,477100
2,86526. 57220,948
151,61975, 66629,864
265,91335,87521,35350,865
18, 536239,405
4,80026, 07737, 31714,71518,003
110,9375,5801,500
17, 36537,98837, 34815,17633, 59120,45038,652
124,02715, 94317, 38346, 79324,69119,92013,46222,65730,90011,31012,261
133, 67152,48711,595
115,95028,4009,905
67, 526
18,22427, 94621,00015,10246, 78421, 50019,14615,79966,69744, 305
Bookvalue ofassets
returnedto share-holders'agents
Dollars
Disposition of proceeds of liquidation
Conservators'distributions
To se-cured
creditors
Dollars
To un-securedcreditors
Dollars
Dividends paidby receivers
On se-curedclaims
Dollars12,080
3657,855
9,779
51,177» 2,616
48,123
336,069
22, 770969
7,67723,43156, 360
1,054641
39,395
8,781
2,485
7,552
111, 55211, 682
16, 207
2, 254
12,340
3,233
On un-securedclaims
Dollars307,747267,261455,610294.744478, 559
37,172383,995
125,358530, 809
» 236,534141,002480,253
81, 5901, 719, 741
172, 033650,408505. 093271,76890, 580
688, 353194.492225,822
19,17317,047
117,263
674,213115,122157,959
120,6799 297,915
94,335220,923
75,70634,87838,33951,34718,225
108,81170, 565
246,09362,227
149, 61516,927
176,5708 1,035,192
594,453
38, 266136 432
43,11249,42229,414
180,265114,781
1 108,01049,083
Footnotes at end of table, pp. 448 and 449.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 369
1934, dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 31,
Disposition of proceeds of liquidation—Continued
Securedand pre-
ferredliabili-
ties paidexcept
throughdivi-
dends, in-cludingoffsets
allowed
Dollars167,231180,706
48, 7787,941
368,18695, 707
307, 80671,05723, 890
892,455251,179131,594480, 553
96, 6944,334,158
21,290182, 552261,46649,638
134,958756,052
63, 27118,06930,408
216, 738149,39235,454
231,436126,39337,883
319,54553, 54645,497
153,96929,78057,940
7 92459, 52557,12154,73740,515
711,183222,19762 636
115,88572 060
145,048161,216
17,60834,03646,336
107,57732,72919,889
403,99148,308
296,054210,097
Cash ad-vancedin pro-tection
of assets
Dollars71
663
28, 6972
450158
20,50158, 2532,810
32816, 337
6716,628
350888
11,2191,123
2081,9441, 5811,479
63100
30,220123
2,56024
768
7 973568
3,1892,172
116227133
1,3922,085
2383,081
9413,354
975826
1 613881
1,732
4805
1,537
7,5274,6181,048
32
Conser-vators'
ex-penses
Dollars
Receiv-ers' sal-aries,
legal andother
expenses
Dollars36,12323,67919,64215, 70645,79225, 72832, 73320, 84927,35686,04725,00722,86350, 533
12,018199,226
17,93454, 54037,70223,04124, 97362, 94821,17117,139
7,81722 89923,1069,920
43,62018, 37922,592
41,90618,85120,31728,37610, 57610,380
9 18311,01818,74315,27218,35181 41560,03319 55319,13923 01636,86829,948
11,68017,2167,501
15,01112,5038,885
36,03215,07245, 57619,602
Cash inhands
of comp-trollerand re-ceivers
Dollars58,03412,37323,02244, 92483,013
1,7315,620
19, 3478,928
116, 7448,9494,4163,405
15, 326147,288
7,27211,51512, 5613,546
36.92847,847
3,2824,8403,874
17,18725,552
6,49112,7153,090
13,698
15 61331,5499,937
14,89118,39424, 6286 0602,9053,8543,9072,158
19,4577,0711 372
21,0404 071
178,80414,394
5,5111,9631,3781,1836,3835,5261,624
19,229169,45618,954
Amountreturnedto share-holdersin cash
Dollars
Amountof claimsproved
Dollars1,081,362
482,680623,191467,848977,588170,407815,784287,355227,906
2, 279,182473,076283,934
1,199,903
251, 3765, 603,725
184, 3341, 251, 682
814, 663543,764679,659
1, 250,570309,038275,73229,473
449,392547,788140,669
1,120,350199,966453, 827
367, 248425, 592174, 696491, 245157,72887,19769,70993,363
263,113181,352217,122
1,105,2251,027,070
313,878428, 209489,485
1,725, 324974,488
69,584305, 285111, 135142,664145,172108,940398, 840163,798
1,848,969139,405
Divi-dends(per-cent)
29.5557563493047
5528.5
9 505040
32.535
93.3352625016. 6675562.580. 833651030
605835
339 70
544548405555106032.529.1667
747. 667
7.536
8 6061
5544
32342745706035
Interestdivi-
dends(per-cent)
Date finallyclosed or
restored tosolvency
1702170417051707170817091711171217141715171717181720
17211722
172317241725172617271728172917301731173217331734173517361737
173817391740174117421743174417461747174817491750175217531754175517561757
1758176017611762176317641765176617671769
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
370 KEPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. 81,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and1934—Continued
Name and location of banksCapitalstock atdate offailure
Date re-ceiver ap-pointed
Book valueof assets
at date offailure,
estimatedgood
Book valueof assets
at date offailure,
estimateddoubtful
1770177117721773177417751776177717781779178017821783178417851786178717881789
17901792179317941795179617971798179918001801
18031804180518061807180818091810
18111812181318141815181818191820182118221823
18241825182618271828183018311832
Exchange National Bank, Pittsburgh, PaCitizens National Bank, Kokomo, IndCommercial National Bank, Eufaula, AlaFirst National Bank, Graceville, FlaWilcox National Bank, Wilcox, PaCity National Bank, Paducah, KyFirst National Bank, Cardington, OhioPeoples National Bank, Blairstown, N. JFirst National Bank, North Eose, N. YNational Bank of Albion, Albion, Ill_rMonongahela National Bank, Pittsburgh, Pa__.First National Bank, New Windsor, MdCitizens National Bank, Philippi, W. VaFirst National Bank, Buchanan, MichFirst National Bank, Newburg, W. VaFirst National Bank, Sycamore, 111Security National Bank, Paducah, TexCitizens National Bank, Seward, PaHutchings First National Bank, Siloam Springs,
Ark.First National Bank, Alliance, NebrFirst National Bank, Somerfield, PaCitizens National Bank, Sedalia, MoFirst National Bank, Hoquiam, WashFirst National Bank, St. Thomas, N. DakFirst National Bank, Buena Vista, ColoFirst National Bank, Blytheville, ArkFirst National Bank, Belle Fourche, S. Dak___.First National Bank & Trust Co., Monessen, Pa.First National Bank, Logansport, IndCity National Bank & Trust Co., Corpus
Christi, Tex.First National Bank, Sea Isle City, N. JSecond National Bank, Morgantown, W. Va.._.Phoenix National Bank, Columbia, TennFirst National Bank, Pharr, Tex__First National Bank, Marceline, Mo..First National Bank, Noble, 111American National Bank, Dayton, TennFirst National Bank of Custer City, Custer,
S. Dak.First National Bank, Steamboat Springs, Colo—First National Bank, Frederic, Wis.__First National Bank, Tilden, Nebr__First National Bank, Laredo, Tex.1Second National Bank, Brownsville, Pa.1First National Bank, Houtzdale, PaFirst National Bank, Corinth, MissSecond National Bank in Youngstown, Ohio 1--Norfolk National Bank, Norfolk, Nebr—First National Bank, Brighton, ColoFirst National Bank & Trust Co., Woodbridge,
N. J.First National Bank, Zillah, WashFirst National Bank, Stanford, MontTwin Falls National Bank, Twin Falls, Idaho..Hopewell National Bank, Hopewell, PaFirst National Bank in Gulfport, MissFirst National Bank, West Frankfort, 111First National Bank, Christopher, 111Ithaca National Bank, Ithaca, MichCitizens National Bank & Trust Co., Terre
Haute, Ind.
Dollars750,000 Oct. 23,1931
. ) - — d o), 000 Oct. 27,1931
_do._
350,000150,35,00025, 000
300,000do
Oct. 28,193160, 000 Oct. 29,1931
do50,00050,00050, 000 Oct
1, 000, 00077,000
_do29,1931
.do_ - d 0
50, 000 Oct. 30,1931. . . do. . .do .
175,000 Oct. 31,19312,193150, 000 Nov
25, 000.50, 000.
100, 000 Nov. 3,19313 Nov. 5,1931
100, 000 Nov. 6,1931_do._
—_do.__..do
300,00025, 00025, 000
100, 00025,000
160,000 do250, 000 Nov. 11,1931200,000 do
50,000100, 000200,000
,do .do
. . . do50, 000 Nov. 12,193125,000 Nov. 13,193125,000 Nov. 14,1931
do25, 000 Nov. 17,1931
25, 00025,00050,000
250, 000 No125, 000125,000100, 000200,000
. .do
. .dodo
iv. 30,1931do
. . . do
. . . do
. . . d o100,000 Dec. 2,1931
_._do. . . d o
40,000150,000
dododo
25,000 Dec. 3,1931do
25,00035,000
150,000
400,00025,000 Dec,60,00025,000
200,000
7,1931dododo
Dollars2, 547,4981,365, 523
97, 06961, 55459, 652
1,158, 925108, 023166,146255,294268, 285
6, 211,161211,991378, 363299, 924139, 501755,97881, 98919, 63660, 201
1, 091, 924108, 939811, 649643,95341, 68882, 56770, 718235,977228, 095
2,085, 361559,702
169,1701,152,054340,90550,972155,19942, 226259, 955105, 592
215,80613,55289,429
21, 528295,155566,18210, 296
306,11592,075515,890
136, 75156,56452, 545100,658703,990126,400102,802152,069350,561
Dollars4, 539,9621, 93i, 568226,48797, 823224, 379
4, 703, 737148,386263,140190, 072469,540
9, 581, 786313,432466, 220342, 669175, 206881,853314, 749121, 601287, 979
1,458, 758216, 359
1,050,3091, 216,192
184, 27234, 350193, 210397, 458
2, 260,0573,071,5761, 202,452
231,7751, 251, 590409, 614155, 436132, 249157,972389,13973,476
248, 539275,40992,491
127,1571,226,190528, 778123, 272614,447214,189
1,366,995
92,05575,929142, 645171, 208
2,816, 580968, 697878, 008349, 341
1,087,192
Footnotes at end of table, pp. 448 and 449.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 371
1934, dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 81,
BookTTQIIIA f\f
V e i l LA" U lassets atdate offailure,
estimatedworthless
Dollars685,966413,876
76,05742, 699
247, 28326, 01553,393
111,3795. 081
784, 93077, 34833,85312, 71437, 574
117,316210,145
210, 077
135,806561
514,889207, 370
7,0846. 780
47, 613106. 834322, 035
81, 201201, 865
17, 881341, 712116,36238, 92017, 76719, 73336,07711,835
35, 92059, 94288, 421
296,18565, 426
272, 578131,61787,89417, 04145, 497
19. 62810, 661
228, 821103
482,14646, 23321, 82660,033
114, 453
Addi-tionalassets
receivedsince dateof failure
Dollars163,604233,993164,318
11,03053,909
893, 0286,5768,8256,3422,730
611,98219, 52920,045
2,718368
59, 6006,9055,202
34, 980
177, 8546,923
67, 42088,10211,17112, 32261, 4763,680
174, 96075, 34063,967
2,82553, 55650, 41423, 68814, 6043, 170
54, 8962,758
132, 1355,233
59, 338
115, 3351,229
170, 805202, 218242, 576
21, 78632,167
24, 0477,310
40, 635232
358, 269108, 21566, 44136, 00019, 309
Totalassess-mentuponshare-holders
Dollars750,000350,000150,00035,00025,000
300,00060,00050,00050,00050, 000
1,000, 00077,00050,00050,00025, 000
175,00050,00025,00050, 000
100,00025,000
100,000300, 000
25,00015. 000
100,00025, 000
160, 000250, 000200,000
50, 000100, 000200, 000
50, 00025, 00025, 00025, 00025, 000
25, 00025,00050,000
250, 000125, 000125, 000100, 000200,000100, 00040, 000
150,000
25,00035, 000
150.00025,000
400,00025, 00060,00025,000
200,000
Total assetsand stock
assessment
Dollars8,687,0304,294,960
713,931248,106362,940
7, 302, 973349,000541, 504613,087795,636
18,189, 859699, 300948,481708,025377, 649
1, 989, 747663,788171,439643, 237
2, 964, 342357, 782
2. 544, 2672, 455, 617
269, 215151,019473, 017768, 949
3,145,1475, 563, 4782, 227, 986
471, 6512, 898, 9121,117,295
319,016344, 819248, 101765, 067218, 661
657, 400379, 136379, 679250, 000685, 205
1,713,0001, 638, 343
667, 4031,351,032
385,0912, 110,549
297, 481185, 464614, 646297, 201
4, 760, 9851, 274, 5451,129,077
622, 4431,771,515
Progress of liquidation to date of this report
Cash col-lections
from assets
Dollars3,305,2801, 588,143
135,78958, 769
187, 3822, 524, 325
121,057313, 366178,545283, 979
9, 268,142309, 384321, 974370, 736120, 378842, 446151,10947,121
223, 235
1 416,030138,470892, 635927, 297
81, 92792,171
120, 967262. 882681, 707
2, 932, 794933, 462
96, 3521,216,930
352, 95873, 45589, 31076, 808
211,55779. 566
315,01890, 398
119,441
17,888651, 922423, 621
72, 779606,156124, 406797, 066
80, 67175, 937
101,187190, 653
1,601,813698,135701,196278, 769498,313
Cash col-lections
fromstockassess-ment
Dollars569,056246,152
12, 68717, 77821,805
166,82936,80343,88035, 22540, 285
706, 56470, 59740,17242, 22015, 771
117,19818, 4149,7194,751
30, 66612, 64937, 73849, 55715, 9987,449
23, 3635,093
46, 262121, 55453, 365
23, 05067, 59483, 22011,525
17, 00111,8097, 161
17, 80011,69419, 453
128, 22530,18565, 60355, 40397, 75724,21310, 27788,305
10, 70014, 50019, 49017, 768
255,78712, 95037,16013, 859
131,417
Receiver-ship earn-ings, cash
collec-tions frominterest,premi-
ums, rent,etc.
Dollars262,402115, 790
5,4373,191
13, 718151, 267
9,81724,99812,2086,884
490, 40340, 29325, 68334, 2386,949
56, 22712, 5682,9508,809
91,61415, 26537.18783, 72412,1693,613
12,91832, 37073,664
248, 80562, 817
18,255120, 431
12, 5948,3097,8143,658
K), 42111, 349
18, 4245, 3893, 7414,0116, 351
88, 58230, 98019, 56740, 620
6, 58974, 821
7,4239,2815, 679
16, 67272, 21730, 49738, 88027, 62849, 301
UnpaidbalanceR. F. C.
loan
Dollars409,100
9,4002,600
21, 30036,100
533, 000
51, 9005,9003,200
31, 300
9,500
19,60023, 300
48, 20016, 800
107,000
13, 000285, 800
4, 55017,7004, 700
8,500
2, 900113, 300
6,000
83, 0002,100
10, 300
Offsetsallowed
andsettled
Dollars643,874266, 204
29, 3264,500
10,487435, 344
8,21424, 24531, 36739, 468
1, 297.19916,98762, 76135, 9146,632
123,15919, 4533,011
19, 328
282, 0064,443
186, 52156, 72618.3855, 685
21,19024. 320
101. 305266, 940200,618
36, 862231, 67464, 3909,695
23, 9064,504
40,1586,418
57, 2705,5769, 757
11,81077, 67198, 935
44191, 29922,800
163, 559
11,1681,712
21,1563,287
558, 52129, 47511, 37918,22170,633
1770177117721773177417751776177717781779178017821783178417851786178717881789
17901792179317941795179617971798179918001801
18031804180518061807180818091810
18111812181318141815181818191820182118221823
182418251826182718281830183118321833
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
372 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. SItotal assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and1984—Continued
1770177117721773177417751776177717781779178017821783178417851786178717881789
17901792179317941795179617971798179918001801
18031804180518061807180818091810
18111812181318141815181818191820182118221823
182418251826182718281830183118321833
Progress of liquidation to date of this report—Continued
Total col-lectionsfrom allsources,
includingoffsets al-lowed and
unpaidbalanceR. F. C.
loan
Dollars5,189,7122,216,289
192,63986,838
233,3923,277,765
175,891406,489278,645406, 716
12, 295, 308437, 261502,490489,008152, 930
1,139, 030232,844
62,801256,123
1,820,316180,327
1,154,4811,136, 904
151, 779108,918178, 438372, 865919, 738
3, 570,0931, 357, 262
187, 5191, 922,429
513,162107, 534138, 730106, 671273,945112, 994
408, 512113,057152, 392132, 23666, 234
883, 778608, 939190, 544762, 288166, 972
1, 237,051
115, 962101, 430147, 512228, 380
2, 571, 338773,157788, 615348, 777749, 664
Loss onassets com-poundedor soldunder
order ofcourt
Dollars521,427292,625
27,81914, 925
120,887738, 653
14,56991,16726,85837,144
446, 924148,64944, 24994,11829,158
174, 45440,64741, 737
184,827
79, 69567,646
299,863248,041
10, 79410,85714, 9161,750
208,073361,052228,750
80,915114, 93041,12610, 2525,794
18, 7139,7202,302
23, 70281,83613,823
291,009385,249
55,08164, 957
308,913
17, 97719, 65325,44364,855
266, 580233,24598,15196, 922
332,410
Book valueof remain-ing uncol-
lectedassets
Dollars3,466,4491,797,988
370,997134,91219,184
3,304,651145,16062,726
326,317385, 045
6,177, 594147,280469, 497157, 257196,481674, 688402,579
54, 570165,847
1,086, 611122, 223
1,065, 248923, 553133,109
215,944454,997
1,994,0621, 752,692
665,156
207, 5221, 235, 378
458,821175, 614200,809123, 076478, 632105, 375
236, 410176,326186, 658
530, 507567, 398630, 538394,183498,496132, 928691,011
162, 66553,162
316, 86013, 406
1, 934, 071288, 690258, 351203,531670,159
Bookvalue ofremain-ing un-
collectedstock as-sessment
Dollars180,944103,848137 31317,2223,195
133,17123,197
6,12014,7759,715
293, 4366,4039,8287,7809,229
57,80231,58615,28145, 249
69,33412,35162,262
250,4439,0027,551
76, 63719,907
113,738128,446146, 635
26,95032,406
116,78038, 47525,000
7,99913,19117,839
7,20013,30630, 547
121, 77594,81559, 39744, 597
102, 24375, 78729, 72361, 695
14, 30020, 500
130, 5107,232
144, 21312,05022,84011, 14168, 583
Bookvalue ofassets
returnedto share-holders'agents
Dollars
27,306
Disposition of proceeds of liquidation
Conservators'distributions
To se-cured
creditors
Dollars
To un-securedcreditors
Dollars
Dividends paidby receivers
On se-curedclaims
Dollars
17,2742,426
163,7552,639
6,710
8,652
7,855
73, 3742,126
42, 70946,471
24,971
4,190127,476
4,3586,497
13,100
4,301
27, 20036,891
24,01581,146
8,60314,1567,490
261,170
26,028
On un-securedclaims
Dollars2,437,1131,099,486
63,92435,897
193,3311,115,454
136,355350, 723154,445188,882
s 5,025, 547357,933254,161326,990
77, 535769,664
59,89628, 21617, 594
9 641,939144, 824654,316339,632
78, 28774,89388, 798
114, 568400, 315
9 2,640, 999606, 708
67, 232689,003
8 184, 59315,41659, 95448,60837,49820,758
249, 29518,00?84,826
1,85722
483, 21760, 639
198456, 50?
72, 380743, 91?
21, 50629, 50323, 257
185, 590594, 333267, 052139,398299, 925384, 618
Footnotes atjtend of table, pp. 448 and 449.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OP THE COMPTROLLER OF THE CURRENCY 373
1934, dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. SI,
Disposition of proceeds of liquidation—Continued
Securedand pre-ferredliabili-
ties paidexcept
throughdivi-
dends, in-cludingoffsets
allowed
Dollars2,490,494
853,14979,63324,83110, 554
1,700, 59611,57724,321
101,303173,691
6,942, 32429,477
197,174104,35557,437
273,569138, 70023,114
201,119
1,110,05519,669
326,445646,32446,39027,14549,913
175,363355, 017506, 250641,415
84, 252989,255267,18369,38754,12034,970
186,14260,347
102, 45564,90135,56-76,00011,810
229,381413,963
83, 452244,50973,839
416,367
62,53034,36373, 5733,287
1,562,688I 474,016j 606,690I 18,44:j 219,123
Cash ad-vancedin pro-tectionof assets
Dollars5,524
42,4581,548
20,3142,059
1,64012,90117,117
2,54020,368
69616,602
42348
125
5,69111
1,970826507
2,57714
44,1064,143
13,199
3,99031, 2182,0372,573
8564,7087,167
372
6,173988479
4431,8,4647,500
531,4833,498
933358
1,573409
43,4723*8292,436
5387,060
Conser-vators'
ex-penses
Dollars
Receiv-ers' sal-aries,
legal andother
expenses
Dollars235,105135,11421,79915,6859,931
136,71718,54016,07618,54924,391
251,60613,57434,61024,63414,71654,90622, 6696,091
19,961
45, 01814,08045,19364,94915,6666,81421,42225,02865,81795,94957,469
24,41172,70429,90619, 59615,85510,92"22,89713,03"
23,87515,73516,2363,0907,70436,37544,2206,26444,28517,16261,829
16,80610,11219, 72210,82996,44824,19418,18919,74949,785
Cash inhands
of comp-trollerand re-ceivers
Amountreturnedto share-holdersin cash
Dollars21,47686,0828,4616,069
19,576140,929
4,72115,3552,7086,851
58,71436,2777,295
12,6612,546
24,2892,5045,332
17,6131,743
126,55711,7998,803
15,72815,1838,012
322,75213,500
3,44412, 77329,443
5627,9453,10013,7445,380
26,7149,13015, 28"24,0899,364
132,93657,63811,98416,9392,10811,445
5,58412,93821,89728, 26513, 2274,066
21,90210,12463,050
Dollars
66
Amountof claimsproved
Dollan3,481,5902,359,703
99,873119,672232,903
4,079,251198,087372,449386,106496.610
(>, 696,555447, 624592,999435,563238,127
1,190,581362,330
62, 703363,197
1, 282,139201,144
1,741,8201,045, 722
154,89570,807
135,901574, 900
2,170,7644,354,6161,011,181
257,6141,660,300
351,444121, 712221,339143, 404409,648
98,816
368,185294,560169,658160,000184, 566966,443831, 555203, 349642,356206.611
1,390, 001
163, 50752, 096
256,230218,341
1,849,694527,808293, 545498,129
1,017,028
Divi-dends(per-cent)
Interestdivi-dends(per-cent)
7046. 667563083307094.16674038
8 7580437532.564.517457
9 507237.532.550
1006526.66720
9 60
27.555
>52.512.527349
24
677.5
5075.520507.5
40713553.5
1556. 6671285305047.56040
5.771
Date finallyclosed or
restored tosolvency
Nov. 20,1933
1770177117721773177417751776177717781779178017821783178417851786178717881789
17901792179317941795179617971798179918001801
18031804180518061807180818091810
18111812181318141815181818191820182118221823
182418251826182718281830183118321833
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
374 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. 81,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and1934—Continued
Name and location of banksCapitalstock atdate offailure
Date re-ceiver ap-pointed
Book valueof assets
at date offailure,
estimatedgood
Book valueof assets
at date offailure,
estimateddoubtful
183418351836183718391840184118421843184418451846184718481849185018511853185418561857185818591861
186218631864186618671868187018711872
187318741875187618771878
18791880188118821883
18841885
18871888188918901891189218931896
1897
First National Bank, Glen Campbell, PaPeoples National Bank, Lodi, OhioCitizens National Bank, Ellwood City, PaFirst National Bank, Geneva, OhioFirst National Bank, Washington, N. CFirst National Bank, Chaffee, MoNogales National Bank, Nogales, ArizFirst National Bank in Aberdeen, WashFirst National Bank, Twin Falls, IdahoWest Point National Bank, West Point, Nebr . .First National Bank, Dougherty, IowaFirst National Bank, Sweetwater, TexFirst National Bank, Mullins, S. C._Federal National Bank, Boston, MassFirst National Bank, Starkweather, N. DakFirst National Bank, Momence, 111First National Bank, Warsaw, N. CGillespie National Bank, Gillespie, 111First National Bank, Mound City, 111Commercial National Bank, Raleigh, N. CFirst National Bank, Victorville, CalifFirst National Bank, Chardon, Ohio K..-.Macksburg National Bank, Macksburg, Iowa L_Boston-Continental National Bank, Boston,
Mass.First National Bank, Louisburg, N. CFirst National Bank, Brushton, N. YFirst National Bank, Venice, CalifFirst National Bank, Idaho Springs, ColoState National Bank in Lynn, MassFirst National Bank, Kingston, Tenn -_.Marion National Bank, Marion, OhioFirst National Bank. Kelso, WashAmerican National Bank & Trust Co., Benton
Harbor, Mich.First National Bank, Fredericktown, OhioFirst National Bank, White House Station, N. J.First National Bank, Middleport, N. YFirst National Bank, Gasport, N . YNational Bank of Seymour, Seymour, IowaFarmers & Merchants National Bank, Roseville,
111.1Itasca National Bank, Itasca, TexFirst National Bank, Cambridge, 111.*Creighton National Bank, Creighton, NebrFirst National Bank, Lost Nation, IowaFarmers & Merchants National Bank, Enter-
prise, Ala.First National Bank, Farmer, S. DakWalnut Park National Bank, Walnut Park,
Calif.National Bank of La Grange, La Grange, N. C .National Bank of Snow Hill, Snow Hill, N. C_.First National Bank in Florence, S. CPeoples National Bank, Burgettstown, PaVandeventer National Bank, St. Louis, MoBishopville National Bank, Bishopville, S. C._.First National Bank, Yorba Linda, CalifFirst National Bank, Ozark, ArkHammond National Bank & Trust Co., Ham-
mond, Ind.First National Bank in Decatur, Ala
Dollars100,000 Dec.50,000 Dec
100,00050,000 Dec
100,000 Dec50,00050,000150,000100,000 Dec.,50,000 Dec,25,000
100,00050,000
2,005,585 Dec25,000 Dec50,000
7,19318,1931
do9,1931
11,1931dododo12,193114,1931
do.dodo15,193117,1931do.do
75,000 Dec. 19,193125,000
50,000
600,000 Dec. 21,1931do—
100,000 Dec. 22,1931do.do—
25,0001,000,000
50,00025,000 Dec.50,00050,000200,00025000
do23,1931
dodo
25,000 Dec. 24,1931do
100,000 Dec. 29,1931) do200,000
25,000 Dec. 30,193130,000 do.25,00025,00025,000
.do.
.do.
.do.50,000 Dec. 31,1931
60,000 Jan. 2,193250,000 Jan. 8,193225,000 Jan. 9,193240,000 Jan. 11,1932150,000 do
25,000100,000
..do...do..
25,00050,000100,00050,000250,00075,000 Jan25,000
..do-
. .do..do.
. .do- d o
12,193:do.
25,000 Jan. 13,1931400,000 Jan. 18,193:
Dollars52,158188,207236,422173,246344,926157,944225,290956,828494,827169,14349,019362, 52353,042
10,672,58219, 54482, 50014, 760103,83821,451
1,907,58295, 453
Dollars495,058408,352457,994713,811484,012137,147274,585733,339463, 506654,176181,995406,275142,642
15,134,35162,774555,88775, 539
1,359,075146,899
3,044,906244,411
200,000 ...-do
3,2811, 734,023
126,508471,64478,13827,198887,91137, 527768,829227,974595,340
106,031111, 526185, 75795,97360,10326,893
50,41752,44136, 93344,337178,742
19, 966606,851
6,58450,662353,18188,008450,04368,036115,01031, 210756,124
329,126
29,1094, 576, 378
136,899336,083178,410206,330
1,242,36646,176667,441287,673
1,607,140
120,728493,298337,012125,465119, 59082,149
153, 718200,181122,307132,33S489,562
62, 231572,855
66,992108, 779746,469107,199
1,166,479279, 60233,87592, 507
2,663,658
874, 771
footnotes at end of table, pp. 448 and 449.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 375193/f., dates of appointment of receivers and filial closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 81,
Bookvalue ofassets atdate offailure,
estimatedworthless
Addi-tionalassets
receivedsince dateof failure
Totalassess-mentuponshare-holders
Total assetsand stockassessment
Progress of liquidation to date of this report
Cash col-lections
from assets
Cash col-lections
fromstock
assess-ment
Receiver-ship earn-ings, cash
collec-tions frominterest,premi-
ums, rent,etc.
UnpaidbalanceR. F. C.
loan
Offsetsallowed
andsettled
Dollars29,74915,033
112, 74584
96,06044, 33786,18370, 743
240,481242,066
24, 23759, 37629, 635
2,823, 72722, 739
1484,244
15,12911, 364
521, 7232,551
Dollars11, 55824, 52833, 3605,596
12, 91119, 756
121,85871, 74935, 43321, 2562,539
73, 2853,981
1, 228,8781,291
85, 622464
4,07012, 620
319, 5452,845
14,2711,492,727
21, 34737, 71944,536
631315,54327,02164,08460,906209,227
48248, 79335,48342,20012,08120,479
50,48121,24913,4858,924
278,330
7,618154,183
10,60315,29113,0379,797
236,79114,43846,84613,906
100181, 235
105, 2553,38315,91116,81546,16513, 783
235, 21956, 971
134,028
2,21848,77"10,05314, 9764,4003,684
43172, 77323, 77429, 36416,458
11,96336,092
47, 5811,133
37, 9682,238
33, 39191, 35210, 338
901184, 281
20,847
Dollars100,00050,000100,00050, 000100,00050,00050,000150,000100,00050,00025,000100,00050,000
2,005, 58525,00050, 00050,00075,00025,000600,00025,00050,00025, 000
1,000,000
50,00025,00050,00050,000200,00025, 000200,000100,000200,000
25,00030,00025,00025,00025,00050,000
60,00050,00025,00040,000150,000
25,000100,000
25,00050,000100,00050,000250,00075,00025,00025,000
400,000
200,000
Dollars688, 523686,120940, 521942, 737
1,037, 909409,184757, 916
1, 982,1, 334, 2471,136, 641282, 790
1,001,459279,300
31,865,123131, 348774,157145,007
1, 557,112217, 334
6, 393, 756370," "50,00071, 761
8,984, 363
440,009873,829366, 995300, 974
2,691, 985149, 507
1, 935, 573733, 524
2, 701,193
254, 459752, 393593, 305303, 614221,174183, 205
315,047396, 644221,499254,963
1,113,092
126,7781,469,981
156, 760225, 865
1,250, 655257, 242
2,136, 704528,428231,069163, 524
4,004,063
1, 558, 772
Dollars144,509354, 620165, 791454, 526320, 902138, 738253,460964, 696609, 205446,87868, 973
392, 27780, 752
7,380, 69924, 558
268, 27522, 683
362, 28787, 812
2, 635, 936175, 726
6,6962,893,488
146, 250548, 26'116, 74797,805
1,068, 78442, 635
699, 710231,173
1.129,439
117,880500, 938356,824157, 640101, 29761,122
65, 21653, 31692,73091, 621188, 637
22, 502642,443
9,75250,918688,039113,350941,601184,084102, 70163,818
1.133,440
575,468
Dollars23,08141, 53033, 83031,84153,91916,4731,360
72, 92649, 55111,0508,600
23,816329, 50113,10041,8883,290
38, 27719, 200
300, 66111,09932,10010, 900
186, 729
15,13020, 5927,58814, 28212, 52415, 065150, 72433, 254158,560
18, 62526, 90023, 92511, 03415,88131,055
16,00020, 200
60812.8193,719
2,16237, 753
100200
53,33422, 236135,28856.82013, 2308,853
138,899
74,445
Dollars14,38619, 31623, 44149,27017, 26914, 48119, 52181, 65153, 28816,1014,7068,6434,413
999, 2454,43126, 926
83831,5164,692
141,16213, 454
738238
130,170
10,11318, 30313, 6607,970
87, 5072,04555,06831, 26999,0598,55622, 74014, 7025,01710, 7763,216
4,4825, 0246,1585, 9616,477
2,70536,120
6502,80522,0499,23265,81913,0795,2764,18259, 388
27, 540
Dollars20,00024,80024, 80017, 200
23, 300
53," 800
3,1008,7006,200
1, 699,1002,000
355, 200
Dollars41,19122, 59623, 27856,04729, 36428,80757, 27986, 37763, 75625, 21113,86250, 51415, 371
1,885,134792
23, 745699
16,1022,425
399, 6849,005
4,500
71,800
34,0004,500
33, 400
912, 451
48,82241,43413,8639,339
141, 2045,556
99,19320,876
119, 596
8,04060,27625, 5317,6409,51
11,500
" 6," 000
4,900
29,0006,500
12,85^
11,36410, 3737,948
2,541112, 771
2,3287, 391
136,4318,598
173,99521,4638,4865,976
312,908
38,565
183418351836183718391840184118421843184418451846184718481849185018511853185418561857185818591861
186218631864186618671868187018711872
187318741875187618771878
18791880188118821883
18841885
18901891189218931896
1897
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
376 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. 31,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and1934—Continued
183418351836183718391840184118421843184418451846184718481849185018511853185418561857185818591861
186218631864186618671868187018711872
187318741875187618771878
18791880188118821883
18841885
188618871888188918901891189218931896
1897
Progress of liquidation to date of this report—Continued
Total col-lectionsfrom allsources,
includingoffsets al-lowed and
unpaidbalanceR. F. C.
loan
Dollars243,167462, 862271,140608,884421,454221, 799331, 620
1, 259,450775, 800502,340104,841502,498124,352
12, 293, 67944, 881
360,83427, 510
448,182114,129
3,832, 643209, 28432,83817,834
4,122,838
224,815628, 596151,858129, 396
1, 381,81965,301
1,038,695321,072
1, 540,054
153,101610,854420,982181, 331137, 47195, 393
110,05578, 540
116,860120,774206,781
34,810829, 087
12, 83061, 314
899,853153, 416
1,345, 703281,946129, 69382, 829
1, 644, 635
716, 018
Loss onassets com-poundedor soldunder
order ofcourt
Dollars103,06290,1013,900
157,01466,043
2,046215,108
58, 756146, 758
13, 59761,82442,619
3, 707, 6605,234
99, 32334,176
355,19246, 961
364, 27980, 468
7621, 236,145
14, 262102,83839, 79858, 223
136, 96510,43127, 53562,681
240, 715
93984,800
128, 28334,830
7,14772,083
4,8669,450
13, 63714,08723,112
841168,479
9,64720,373
140, 5905,931
301,11738, 63017,0069,805
266, 655
14,928
Book valueof remain-ing uncol-
lectedassets
Dollars299,761168,803647,552225,150521,600191,639395,131566,478502, 530467, 794161,358396,84490, 558
16,886,04575, 764
332,81437,449
748,53155,136
2,393,85780,061
39, 3032,942, 279
180, 675156, 290146, 58785,607
1,145,03265,885
909,135318, 794
1,011,443
102,60056, 37957,66778,50478, 213
172,108283,878
78, 76898,882
743,395
75,894446, 288
110,03397,183
185,59579,363
469,991209, 25177,87658,925
1, 891,060
729,811
Bookvalue ofremain-ing un-
collectedstock as-sessment
Dollars76,9198,470
66,17018,15946,08133, 52748, 64077,07450,44938, 95016,40055,13626,184
1, 676,08411,9008,112
46, 71036,723
5,800299,339
13,90117,90014,100
813, 271
34,8704,408
42,41235, 718
187,4769,935
49,27666,74641,440
6,3753,1001,075
13,9669,119
18,945
44,00029,80024, 39227,181
146, 281
22,83862,247
24,90049,80046,66627, 764
114,71218,18011,77016,147
261,101
125,555
Bookvalue ofassets
returnedto share-holders'agents
Dollars
Disposition of proceeds of liquidation
Conservators'distributions
To se-cured
creditors
Dollars
To un-securedcreditors
Dollars
Dividends paidby receivers
On se-curedclaims
Dollars
64, 410
29,784
30,93465*151
7,78612, 9165,438
27,029
4,002
1,140528
186, 64019,859
8,977219,012
29,240
7,787
35,168
15, 323
785
27,720
15, 49114,0548,0455,997
1,7838,702
6,73766,276
3,114
6,0343,538
136, 543
79,353
On un-securedclaims
Dollars102,078319,234134,956434,591
46,820136,430100,661264, 683274, 779149,43136,811
208,26185, 522
6, 501, 27813,106
227,6461,979
121, 32473,458
820,07637,666
1, 534,258
101,766478,403
73,10135,120
959,87030,189
449,842134,152821,785
61, 563445,469180, 75767,34660, 769
35, 797
22,03331,934
3,451247, 235
5,365238,797
86,126762,975105,38354,49112,489
191,639
101,543
Footnotes at end of table, pp. 448 and 449
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
EEPOET OP THE COMPTEOLLEE OF THE CURRENCY 377
19SJ+, dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 81,
Disposition of proceeds of liquidation—Continued
Securedand pre-
ferredliabili-
ties paidexcept
throughdivi-
dends, in-cludingoffsets
allowed
Dollars114,861119,32641,452
133,604282,75361,051166,977855,503397, 733314,84746,452226, 76516,885
3,771,46015, 29680, 76317,967
233,89322, 711
2, 721,949125,924
6,7251, 888,431
72,80578, 36444, 56767, '
23,280482,127135,115622, 084
53, 784108,382190,86498,87545,09163,350
40,04654,07570, 53965, 639148,471
21,254493,329
6,08630,080532,23639, 717512,007138,91853, 54754,347997, 505
413,274
Cash ad-vancedin pro-tection
of assets
Dollars1,253
779
4,242499
2,8751,345
18,5047,6321,0092,2646,411
163,139
404
9,0345
8,4903,244
1,916
9073,3402,715
88782, 7721,2051,348
10,40434,397
156518799
11,835
1869424
3,7741,908
8,536
9,042• 7
11,4349,4121,4102, 623
63, 637
Conser-vators'
ex-penses
Receiv-ers' sal-aries,
legal andother
expenses
Dollars Dollars21,66619,31923.45625,96734,51818,87325,82936, 35554, 81519, 37610, 69030, 67716, 504
455, 726 1,8,48425,9534,17122,2059,97473,40415,5721,0811,292
171,713
17,02528, 66215,83112.45758,7717,193
65,37135,99847, 586
13,85527,45120,71610,41114,6953,400
16,2633,94512,6239,44024,608
6,64342,464
5,7359,27035,84315,68043,24218,12411,05111, 65095,446
29,728
Cash inhands
of comp-trollerand re-ceivers
Dollars3,3094,9066,85710,48027,0802,5705,87419, 25433,0554,7613,1863,3555,441
., 402,0763,99326,0682,25361,1987,981
22,0847,019
31, 757840
307,508
3,07239,82715,6445,80611, 7863, 4344,8395,40314,202
8,52829,39627,3423,9005,081923
2,2726,3723,5963,99031, 794
84528,821
1,0099,86217, 6598,77216,0454,0755,6561,720
159,865
92,120
Amountreturnedto share-holdersin cash
Dollars
Amountoi' claimsproved
Dollars299,353411,616568, 666627,502558,792209,827336,579679,360
574,433193, 520437,892158,814
21,667,48167,321455,50531,741761,672117,533
1,921,877200, 55450, 22319,099
5,418, 776
172, 769735,167209, 308111,491
1,919,62962, 765796, 284308,308
1, 520, 948
137,915562,697334, 735134,691120, 50799,000
170,958176,97570,25279,792261, 331
52,340730,239
29,68696, 844404, 583115,026
1,002,934144, 356104, 73549, 520
1,875, 395
755,381
Divi-dends(per-cent)
Interestdivi-dends(per-cent)
3477.535691265373943262147.553. 333302550101662.54530
4735
85653531.550485643.554
5079.16754505028
307.5
3240
1034.5
12.559757673522517.5
20
Date finallyclosed or
restored tosolvency
183418351836183718391840184118421843184418451846184718481849185018511853185418561857185818591861
186218631864186618671868187018711872
187318741875187618771878
18791880188118821883
18841885
18871888188918901891189218931896
1897
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
378 REPORT OF THE COMPTROLLER OF THE
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. 81,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and1934—Continued
Name and location of banksCapitalstock atdate offailure
Date re-ceiver ap-pointed
Book valueof assets
at date offailure,
estimatedgood
Book valueof assets
at date offailure,
estimateddoubtful
18981899190019011902190619071908190919101911
191219131915191619171918
191919211922192319241925192619271928192919301931193319341935193619371938193919401942194319441945
1946194719481949
19501951
1954195519561957195819591960196119621963
First National Bank in Hazard, Ky ,.Farmers National Bank, Granville, N. YFirst National Bank, Osnabrock, N. DakNational Bank of Sabetha, Sabetha, KansFirst National Bank, Durham, N. CHome National Bank, Elgin, 111Oskaloosa National Bank, Oskaloosa, IowaCitizens National Bank, Long Branch, N. JValparaiso National Bank, Valparaiso, IndFirst National Bank in Mount Olive, 111Bozeman Waters First National Bank, Posey
ville, Ind.Corinth National Bank, Corinth, N. YCitizens National Bank, Albion, N. YFirst National Bank, Harlem, MontNational Bank of Adrian, Adrian, MoFirst National Bank, Woodward, OklaGermantown National Bank, Germantown,
N. Y.First National Bank, Iowa City, IowaFirst National Bank, Culver City, CalifNational Bank of Rensselaer, Rensselaer, N. Y_.Griggsville National Bank, Griggsville, 111First National Bank, Arcadia, FlaNephi National Bank, Nephi, UtahElkin National Bank, Elkin, N. COcean Grove National Bank, Ocean Grove, N. J.Farmers National Bank, Pekin, 111National Bank of Whitehall, Whitehall, N. Y...Anamosa National Bank, Anamosa, IowaFirst National Bank, Gary, IndThird National Bank, Pittsburgh, Pa.1First National Bank, Hiawatha, KansTrigg National Bank, Glasgow, KyBell National Bank, Pineville, Ky._.
Dollars
First National Bank, Columbus, MontFirst National Bank, Murfreesboro, TennFirst National Bank, Harvey, 111Cumberland National Bank, Fayetteville, N. C.Peoples National Bank, Clinton, MoHopedale National Bank, Hopedale, 111First National Bank, Palatine, 111Washington National Bank in th<* City of Taco-
ma, Tacoma, Wash.Middlesex National Bank, Lowell, MassFirst National Bank, Milton, OregCoast National Bank, Seaside Heights, N. J___.Point Pleasant Beach National Bank & Trust
Co., Point Pleasant Beach, N. J.Olympia National Bank, Olympia, WashFirst Willapa Harbor National Bank, Ray-
mond, Wash.Pikesville National Bank, Pikesville, MdSouth Gate National Bank, South Gate, Calif...Peoples National Bank, Wellsville, OhioFirst National Bank, Monte Vista, ColoFirst National Bank, Boswell, PaFirst National Bank, Monterey Park, CalifFirst National Bank, Victoria, VaJoliet National Bank, Joliet, 111Commercial National Bank, High Point, N. C.National Bank of America at Gary, Ind
100,000 Jan. 18,1932..do.do—.
100,00025,00060,000600,000
.do-—..do
150,000 Jan. 20,1932100,000150,000150,00050,00050,000
35,000
o..do-do..do..do-
-do200,000 Jan. 21,1932
-do-do.
25,00025,00050,000---do50,000 Jan. 22,1932
100,000100,000 J:100,000-50,000 Jan100,00050,00050,000
doan. 23,1932-—do
26,1932do
— -dodo.
100,000100,000100,000100,000 Jan. 27,1250,000- -.do-
____do—do
do
500,000 Jan. 28,1932).—do) — do
-do
55,00075,000100,00025,000 Jan. 29,193:
I Feb. 1,193:do
200,000100,000150,00050,00050,00050,000200,000
200,00050,00025,000100,000
125,000100,000
- - d oFeb. 2,193:
-do- - d o
.do
Feb. 3,193:dodo
_do.
_do— .do
40,00050,000
100,00050,00030,000 Feb25,00025,000
Feb. 6,193:— d o
doFeb. 8,193:Feb. 9,193:— d o
, I . . - d o700,000 Feb. 10,193:
do— d o
1,000,000150,000
Dollars225,490775,15126, 293234,136
4, 771, 579611, 515282, 334491, 792260, 22544, 547191, 589
594, 6291,503,089
73, 34718,137
240, 590197,878
800,631207,251
56,496106,10727,177171,919502,824506, 461464, 539240,169
1,991,128
Dollars459,386810, 72281, 202409,711
1, 498,8401,047,6851.382, 7871,402,864618,457504,590381, 282
1,081,4432,605, 254106, 54559,782
239, 561275,359
300, 761717, 495436, 017247, 328595,044129, 221264, 225
1, 367, 096743, 929862,166491,851
1,851,321
90, 784502,113379.37866,688796,847479, 533678,957126.14254, 51324, 268356,124
1,021,876230,69137,41976.000
1, 236,540295,768
499,881194.94399,98462,234145,73188,042102,948
1,229,8471,455,571479.143
297,686300,994193,131102, 252527,129655,030903,922159.84599, 796163,947994, 652
3,811,758265,435188,221416,008
805,903806,348
529,380358,734735,941144,172663,189386,058242,822
4,346,4766.817,970735,156
Footnotes at end of table, pp. 448 and 449.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OP THE COMPTROLLER OF THE CURRENCY 379
193/+, dates of appointment of receivers and final closing, vrith nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 81,
Bookvalue ofassets atdate offailure,
estimatedworthless
Addi-tionalassets
receivedsince dateof failure
Total
mentuponshare-holders
Total assetsand stock
assessment
Progress of liquidation to date of this report
Cash col-lections
from assets
Cash col-lections
fromstockassess-ment
Receiver-ship earn-ings, cash
collec-tions frominterest,premi-
ums, rent,etc.
UnpaidbalanceR. F. C.
loan
Offsetsallowed
andsettled
Dollars70,719
118,18311,36357,652
650,582356,37037,566
238,90619, 5653,1637,173
3,353194,070
74, 36919,36419, 51736, 088
90, 26653,02856,55819,58827,35637, 531
177,405167,480
3,77974,6787,559
218,053
Dollars3,09'
93,6184,44"
29,09149,15"85,32340,27624,47449,98071,1873,454
46,848198,170
66, 65515, 2895,974
31, 943
394,47728,10513, 3633,337
217, 54118, 7879,124
28,528148,38424,42735, 664
507,830
71,85038,11211,13526,621
372,27756,43338, 61658,60528,38832,14152,700
364,97189, 58495,26591,972
112,61749,221
38,0525,774
49,18764, 27013,31834,3733,21217, 22950,443118,611
41,11352, 36738,48246, 30454, 76733,8802,89524,44746,053
85477,416
19,18167, 66613, 52438,329
15,4044,570
35, 22830,18523,90634,11955,11816,776394
394, 749145,82065,107
Dollar,100,000100,00025,00060,000
150,000100,000150,000150,00050,00050,000
35,000200,00025,00025,00050,00050,000
100,000100,000100,00050,000100,00050,00050,000100,000100,000100,000100,000250,000500,00055,00075,000100,00025,000200,000100,000150,00050,00050,00050,000200,000
200,00050,00025,000100,000
125,000100,000
40,00050,000100,00050,00030,00025,00025,000700,000
1,000,000150,000
Dollars858,692
1,897,674148,305790, 590
6,970,1582,250,8931,842,9632,308,0361,098,227673,487633,498
1,761,2734, 700,583345,916137,572555,642591, 268
1, 686,1351,105,8791, 286, 578376, 749
1,046,048262, 716672,673
2,165,9281, 502, 5531, 525,810875, 243
4,818,332500,000556,433968, 586722,126266,865
1,951,0201, 324,8761, 774, 390419,039278, 750271, 210
1, 680,892
5,417,786703, 376359,429722, 309
2,295,4641, 255,907
1,142, 541639,636
1,009,018354, 795907,356550, 249374,376
6, 688,301
Dollars337,495781,83528,767272,704
5,618,0421,128,701844, 624818,666456,955232,444252,412
1,140, 7502, 746, 541115,54737,464280,756252,079
810,811473,669733,21153, 635254,64738,192223,318654,032648,234896, 761362, 519
2, 269, 532
186,173357,978170, 23891,815660,340479,942688, 708201,46555,55460,343
1, 548,017
1,912,528161,89774,838139, 614
1,197,897711,397
504,310304, 765301,765114,127194,395260,303133,633
1, 599, 2962,446,679525,480
Dollars67,91977,1696,12522, 549
116,36452,18789,332103, 79029,01526, 606
34,200153,56717,1514,3621,00044,079
66, 50221,08975,34840, 29418, 25317,25427,15379,07982, 55481,90143, 59495,989247,21827,78228,46952,5716,616
101,61174, 55844,11818,68628, 52224,10683,929
22,61637, 73110,48557,355
50, 58526,272
35, 57514,47336,9551,09116,87413,39915,484122, 929477,49728,712
Dollars19,06948, 7393,51817,189104,19449, 36554,98862,27"49, 65718, 26118,142
102, 22784,4059,4601,330
24, 72014, 580
43, 01735, 52559,0579,00710, 5317,82411,92671,19947,01337,38221, 65794,4365,1948,5559,108
20, 21610, 70231,04441, 76957, 2677,1264,7895,37637,053
197,24711, 5176,58015,475
55, 04358,945
64, 22322,13415, 50710, 28220, 23019,81511,03079, 578117,66032,107
Dollars
3,50047,100
61, 800
174,100
3,900
6," 666
17, 80037,80023, 70015,00018, 00021, 600176,90012,000
27,900
Dollars55,37980,1252,39237,057280, 111149,28455, 786162,33"39,4725,30337,873
69, 235192,8067,2761,32722,29835,075
74, 66981,700122,03615,34243, 3107,263
32,063206,13262,37168,10541,990304,417
13, 300
25,000
29,80067,00099,2006,5006,0008,000
113,09115,400
31,100
30,40027,100
4,000
463, 70014,000
14,66948,03733,6616,88790,06048, 653168,39718,39534,8694,20050,787
140,52933, 26330,96713,853
193,04232,084
50,14633,41222,0422,08351,97430,37017, 207
390, 200363,833135,277
18981899190019011902190619071908190919101911
191219131915191619171918
191919211922192319241925192619271928192919301931193319341935193619371938193919401942194319441945
1946194719481949
19501951
1954195519561957195819591960196119621963
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
380 REPOET OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. 81,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and198 4—Continued
Progress of liquidation to date of this report—Continued Disposition of proceeds of liquidation
Total col-lectionsfrom allsources,
includingoffsets al-lowed and
unpaidbalanceR. F. C.
loan
Loss onassets com-poundedor soldunder
order ofcourt
Book valueof remain-ing uncol-
lectedassets
returnedto share-holders'agents
Conservators'distributions
Bookvalue of
To se-cured
creditors
To un-securedcreditors
Dividends paidby receivers
On se-curedclaims
On un-securedclaims
18981899190019011902190619071908190919101911
191219131915191619171918
191919211922192319241925192619271928192919301931193319341935193619371938193919401942194319441945
1946194719481949
19501951
1954195519561957195819591960196119621963
Dollars479, 862987,86844, 302396, 599
6, 002, 3471, 443, 7141,007, 58f1,194, 412649,874285, 023335,033
1, 346, 4123, 351, 419
149, 43448, 383328, 774351, 813
994, 999629, 783
1, 027, 456241,978341, 74188, 533316,060
1,187,342852,172
1,084,149469,760
2, 792, 274252,412250,479443, 592301,686116,020912, 855711,922
1,057,690252,172129, 734102,025
1,020, 737
2, 386,011259,808122,870226, 297
1,496, 567859, 798
654, 25'405,184403, 369127, 583283,473327, 887177,354
2,192,003
Dollars77,116136, 699
11727,694
1,072,005420,439330,130154,13549,465105,62521, 277
371, 606529,18157,5063,4998,797
40, 278
125, 30367,933
119, 34117,27034,433
Dollars288,702799,01592,029
393,135
53,51072,808
182,222233, 21260,131
140, 680
50,15167,40410,95520, 71776,505
139,52411,9992,6798,069
12,028301, 536
1,081,2614,51356,73947, 890
127, 599235,997
235, 796114,89573,66410,16077,96374,03616,951
239,708133,15963,406
Dollars32,08122,83118,87537,451
Dollars Dollars Dollars Dollars
402,469512,423
1,022,898402,335280,115271,936
144,6821,032,055140, 58770,282193, 791213,836
575,352382, 577211,986140, 502613,658167,261313,782
1,132,956509,726227,732310,603
1,853,703
250,440420,16r407, 272122,446924,115556,75"755,286146, 500130, 258144,639279,601
2,083,468453,703171,885420,952
651,926176,429
312, 289136, 564511,547178,425553,024160,540181,585
3, 759,0975, 526,133673,854735, 576
Footnotes at end of table, pp. 448 and 449.
33,63647,81360,66846,21020,98523,394
80046,4337,84920,63849,0005,921
33,49878,91124,6529,70681,74732,74622,84720,92117,44618,09956,406154, 011252,78227,21846, 53147,42918,38498, 38925,442105,88231,31-21,47825,894116,07:
177,38412,26914,51542,645
74,41573,728
4,42535, 52763,04548,90913,12611, 60:9,516
577,07:522, 503121,288
94,979
l,"575,"808
1,422
28,91422, 062
4,0574,18712, 65517,238
2,015
15,183
Dollars248,381405,141
25,739195, 282
to 262,713569, 736619,864508,420322,42296, 532
100,437
1,167, 0942,242,641
19,3825,5026,678
104,214
444,211199, 537639,136180,48464,292
13,96830, 088
42,112
1,4992,468
67,66f
79,140
3,380
144,586486,895603,178604, 240370,804702,843200,000140, 717188,861206, 997
4,261382, 584348, 270229,349169, 556
61, 34934,475
440,916
1, 985,685127,674
15,015
214, 25:15,16'
17,74
26,6404,8291,68211,88819,35c
11,728
163,03264,56
440,932166, 291111, 6378,384
108, 7177,01235,053
282, 6749,576
689, 722292,454
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OP THE CURRENCY 381
1984, dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 31,
Disposition of proceeds of liquidation—Continued
Securedand pre-
ferredliabili-
ties paidexcept
throughdivi-
dends, in-cluding
allowed
Cash ad-vancedin pro-tection
of assets
Conser-vators'
ex-penses
Receiv-ers' sal-aries,
legal andother
expenses
Cash inhands
of comp-trollerand re-ceivers
Amountreturnedto share-holdersin cash
Amountof claimsproved
Divi-dends(per-cent)
Interestdivi-
dends(per-cent)
Date finallyclosed or
restored tosolvency
Dollars88,454
383,9732,467
169, 6344,114, 393
780, 523239,567605,282205,324113,981123,009
104,5691,031, 582
96,29527,850287, 593198,079
448, 652374,436330,53840, 351203, 49252, 504124, 587573, 246201,172417, 284
66,3741,936, 250
Dollar,29,283
7,80531
4223
1,33246, 5161,0918,3966,3183,721
24,356
561
Dollars
86,553211, 39758, 39085,425394, 822291, 833653,70464, 58055, 49540, 373449,073
266, 42482,250106,760164,112
1, 023, 350534, 232
126,890207,459205, 524
83,387143,494199, 651103,038
1, 691,7822,660,784
379,675
4032,422
37217,19118,799
36,053410
1,42818,260
12873
9,54022,682
3,1873,359
59
4,8055,1429,329
197
5,82443,421
8,48212, 709
22
1,9251,955
17164
12,41514, 3441,429
15, 7183,0268,316
48, 4265,422
Dollar,29.05249,8158,73427,91949,43052,81745,79065,71439, 38118,66322, 635
44,04951,06213,6488,61014,10622, 728
44, 23032,20737,18511,32320,90620.83128, 34747, 71544, 01427,97119, 57680,4968,83918,19722,82728.83216, 24244, 36644, 75069, 56015,94810,49914,86839, 312
104, 50526,79612, 53516, 696
51, 55626, 647
24,93529,09823,12114,47817,97719, 55114,96870.053
114,39046,056
Dollars84,69246,1557,3313,342
Dollars
39,30654,42613,90545,43727,46785,231
21,77815,4912,2347,3397,132
57,5344,3971,7983,7511,815
14, 7883,14431,1383,796
33, 7813,4667,891
43, 5731,82517,1485,9097,62418, 61321, 927
1,8912,3916,48548,015
20,915
3, 55316,838
42,45417,236
43, 5852,272
24,0322,161
10,1804,0671,910
421,85273,3732,393
Dollars552.088
1, 081,61592,031
430,825262, 713759,383
1,308,4831, 269,160
460, 507342,968400,983
1,457,6332,925,040
128,96464, 598
317, 252273, 543
797,444468,406709, 545202,439402,74782, 784415,053
1,186,463799, 758805,348569,117
1, 815,970500,000312, 716539,808416, 304118.089918.091695, 423598,506220,167102, 249120,265664,730
4, 674, 930436,810115.092381, 966
1, 370,324472,719
790,815274, 223517, 048165,161545,861296,475264, 567
2, 289,7883,644,001664,949
4537.52845. 333»1007547.667407030.525
80» 76.6671515638
7043908918.333
354175.167756541.5404535505
41. 6675043776028. 66766. 333
42.530
2756
5860238203020
189919001901
Jan. 11,1934 1902190619071908190919101911
2545.667
191219131915191619171918
191919211922192319241925192619271928192919301931193319341935193619371938193919401942194319441945
1946194719481949
19501951
1954195519561957195819591960196119621963
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
382 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. 31,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and1934—Continued
Name and location of banksCapitalstock atdate offailure
Date re-ceiver ap-pointed
Book valueof assets
at date offailure,
estimatedgood
Book valueof assets
at date offailure,
estimateddoubtful
196419661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199619971998199920002001
20022003200420052007200820092010201120122013201420152016201720182019202020222023
2024202520262027
First National Bank, Shelbyville, IndFirst National Bank, Brockway, Pa.1
First National Bank in Brockway, Pa.iRockford National Bank, Rockford, 111First National Bank, Mendota, 111Mendota National Bank, Mendota, 111Sedalia National Bank, Sedalia, MoNational Bank of De Pere, De Pere, WisWayne National Bank, Goldsboro, N. CFirst National Bank, Pittsburg, KansFirst National Bank, Cherokee, KansFirst National Bank, Newport Beach, CalifSeaside National Bank, Long Beach, CalifFirst National Bank, Craig, ColoCraig National Bank, Craig, ColoPioneer National Bank, Waterloo, Iowa ._Burnet National Bank, Burnet, TexJohnWeedman National Bank, Farmer City, 111.First National Bank, Leroy, 111First National Bank, Foosland, 111Citizens National Bank, Great Bend, KansFirst National Bank, Sedro-Woolley, WashFirst National Bank, Renova, PaFirst National Bank, Hornell, N. YFirst National Bank, Pitcairn, PaPeoples National Bank, Pitcairn, PaFirst National Bank, Trafford, PaFirst National Bank, Champaign, 111First National Bank, Bardwell, KyFirst National Bank, Hamilton, 111First National Bank, Arlington, GaFirst National Bank, Hartwell, GaCity National Bank, Knoxville, Tenn.iFirst National Bank, Alexis, III ACitizens National Bank, Kendallville, IndFirst National Bank of Bay Point, Port Chicago,
Calif.First National Bank, Alva, OklaSecurity National Bank, Fairfield, IdahoNational Bank of Commerce, Garnett, KansMerchants National Bank, Brownsville, TexMerchants National Bank, Defiance, Ohio 'First National Bank, Defiance, Ohio iFirst National Bank, Lonaeoning, Md.1
First National Bank, Fairfax, OklaFirst National Bank, Nebo, 111First National Bank, Glasgow, KyForest City National Bank, Rockford, 111First National Bank, Highland, KansFirst National Bank, Albion, 111.'Albion National Bank, Albion, Ill.iCoggin National Bank, Brownwood, Tex.1First National Bank, Roscoe, Tex.*Bayard National Bank, Bayard, W. VaFirst National Bank in Driggs, IdahoFirst National Bank, Lafayette, ColoCitizens National Bank & Trust Co., Hornell,
N. Y.National City Bank, Tampa, Fla.iDouglass National Bank of Chicago, Chicago, 111.United States National Bank, La Grande, Oreg.1.First National Bank, South Glens Falls, N. Y . . .
Dollars100,000 Feb.35,000 Feb.65,000
10,193211,1932
Dollars331,927
.do..750i000Feb. 12,1932100,000—-do. .100.000--.do100,000 Feb. 15,1932100,000 Feb. 16,1932325,000 Feb. 17,1932100,000-—do.25,00025,000
300,000
22, 4722,379,291
84,823166,108107, 301180.607
dodo
—do25^000 Feb. 18,1932
. - d odo.
25,000200,00030,00075,000 Feb50,00025,00050, 000 F
..do19,1932
do.. . .do•eb. 20.1932
25,000 Feb. 23,193250,000 Feb. 26,1932300,000 Feb. 27,1932100,000 Mar. 2,1932
___do...do
000 Mar. 4,1932...do...do
000 Mar. 8,1932do
1 ,75,00030,000300,00025,00050,00030,00075,000
1,000,000 Mar. 9,193250,000 Mar. 15,193280, 000 Mar. 16,193225,000 Mar. 18,1932
50,00025, 000 Mar.25,000 Mar.250,000 Mar,
do. 19,1932. 25,193228,1932
100,000 Apr. 11,1932....do
do100,00025,00025,000 Apr. 12,193240,000 ....do50, 000 Apr. 15,1932300,000 Apr. 19,193225, 000 Apr. 26,193250,000 Apr. 27,193250, 000 ....do100,00025,000
do- . . d o
25, 000 Apr. 28,1932May 3,1932
25,000 May 9,1932000 May 10,1932
265,39260,160147, 430
1,001,32933,13247,676279,45050,040
208, 339111, 09044, 032193, 90174, 756169, 217671, 437345, 603161, 594182,130
2, 337, 646211,44158, 74313, 38380,069
874, 34111, 644
190, 99919,956
350, 27852, 688118.832
1,822, 005609
1,3381,650
69, 57066, 938163, 868
1,171,98059, 7124,43910, 382
Dollars375, 576
25,00025,
125,
500,000 May 20,1932250,000 May 21,1932100,000 May 23,193225,000 May 24,1932
2,34024,82163, 58964,181717,751
4,27657,625
677.9494, 284.188
381. 618475.892565,993323.950
1,984,4481,377, 799130.31696,101458.317192,814109, 214
2, 736,63228,986196, 095135,116110, 209242,963242, 355563, 573
1, 800, 366580, 836356, 063304,080
2, 807, 22397, 718141, 56078, 462160, 471
2,177, 46755,828
427, 360129, 505
185, 51474, 308
216, 0161, 654, 474
47, 61876,823
214, 785134, 775200,006
1,555,93496,048118,039127, 096
26, 417184, 64462, 47987,134
1, 768, 636
682,212673, 268
146,147 314, 047
Footnotes at end of table, pp. 448 and 449.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 383
1984, dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 81,
Bookvalue ofassets atdate offailure,
estimatedworthless
Addi-tional
receivedsince dateof failure
Total
mentuponshare-holders
Total assetsand stock
assessment
Progress of liquidation to date of this report
Cash col-lections
from assets
Cash col-lections
fromstock
ment
Receiver-ship earn-ings, cash
collec-tions frominterest,premi-
ums, rent,etc.
UnpaidbalanceR. F. C.
loan
Offsetsallowed
andsettled
Dollars28, 712
107,990207,178268,810
25, 345308,474153,94528,290
7,1003,252
10,9529,385
99,4677,290
16,88872,74541, 012
1,9568,433
58,779298,709257,18096,57572,59169,629
557,98331,37575,46232,42925,216
1,171,79814, 579
1,54419,733
45,149540
49,240558,226180,90783,304
18, 5532,438
50,082154,86918,42077,28675,732
10,7932,665
58,2693,024
268,797
147,90022,006
Dollars105,16:
1,26
347,9466,385
139,49"4,764
41, 25488,37:
165,42411, 5325,802
38, 24557, 621
173,169243,16646,07
122,490107, 284
3,6537,052
101,09933,670
141, 54735,419
5618,397
826, 5564,8171,799
22,64152,838
542,54210.0738
4,921
12,25113, 3811,928
319, 513
3,645
10,96936,700
5,091216,55242,538
70243
4,1751,1894,776
10,345174,491
711,341124,937
Dollars100,00035,00065,000
750,000100,00c100,00c100,00C100,000325,000100,00025,00025,000
300,00025,00025,000
200,00030,00075,00050,00025,00050,00025,00050,000
300,000100,00075,00030,000
72,621 12,964
25,00050,00030,00075,000
1,000,00050,00080,00025,000
50,00025,00025,000
250,000100,000100,000
25,00025,00040,00050,000
300,00025,00050,00050,000
100,00025,00025,00025,00025,000
125,000
500,000250,000100,00025,000
Dollars941,38235,015
765, 4477,869,410
840,0041,150, 307
803,403954, 285
2,914,0621,936,905
234,108277, 585
1, 808,843317,952454, 526
3,466,538171,985674,669444,502184,850502,349501,989
1,115,1693,170, 5301,158,433
665,809594,236
6, 529,408370,351327, 564176,915393,594
5,766,148132,151700,641199,115
643,192165,917411,016
4,604, 218329,134265,11026,650
338,877280,851469,137
3, 399,335241,718249,834263,456100,000
68,725238,319214,113189,684
3,054,675
2,045,7291,127,836
100,000570,779
Dollars324,603
178, 2062, 268,830
251, 432480,002321,14f283, 673
1,147, 231,003, 80:
94, 64:121,34J726,096154, 290112,723
1,144,74:48,99c
245,380122,96978,888
282,469176,964246, 507
1,494,346351, 510239,787165,013
3, 624, 765128,617140,08340,74891,207
2,165,60724,841
378, 11187,122
167, 67680,416
185,6291, 546, 909
19,7576,1231,650
184,229129,637235,848
1, 310,93098,01619,19619,463
8,57693,49082,44375,686
1,315,721
199,287188,278
329,152
Dollars54, 22929,70260,001
370,40173, 69863, 40176,\%82,019
234,98243,1863,2265,73:
149,6918,5457,786
40,4805,683
41,61816,0829,852
45,5498,079
43, 508140,65265,98936, 56910,408
7,67330,1098,560
41,982687,05331,12565,0463,176
11,9522,10089,13813,00028, 75223,7006,15632, 96523,610168,92313,20027, 86725,1939,80010,06213,2695,7794,759
263,83017,23944, 70722,300
Dollars21,072
29185,04577,88426,8932, 33526,80717,48!69,48/74, 5048,454
12. 97:50,16415. 515.07i
78,18S2,85'
17,95:6,64'4,975
16,96315,04616,10783,09739,48919,84311,154
166,7114,1976,2142,1673,444
18, 7361,842
25,0853,720
15, 7565,541
12,35155, 0002,2983,576
53114,3968,013
12,67467,9513,010
9822,757
101,0576,3644,2192,294
91,448
44,63927,063
32923,865
Dollars
12,70C2,40C
85,80028,800
11,30025, 900
lll,80C
9,10021,0008,200
19,80027,40077, 70055,90034,300
32, 600
8,000
9,40029,400
622,100
8,900
212, 300
3,100
1,60033,800
Dollars32, 25C 1964
1966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419%199T199s109H20002001
20022003200420052007200820092010201120122013201420152016201720182019202020222023
202420252026
17,017 2027
564,10815,4148,92<327, 63540, 04
225, 53'97,39£16,0912,82250, 6236,12
19, 488174,535
3,3235, 75219.0565,7887, 246
14, 71434,422
106,17552,08320, 68917,349
427, 24226,01325, 49610,22810, 569
230, 016
24, 0061,273
7,3983,3888,305
121,761700
16,8735, 6508,234
248,08510, 225
7942,313
5,3098,634
142, 354
1,25037,345
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
384 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. 31,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and1934—Continued
196419661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988
198919901991199219931994199619971998199920002001
20022003200420052007200820092010201120122013201420152016201720182019202020222023
2024202520262027
Progress of liquidation to date of this report—Continued
Total col-lectionsfrom allsources,
includingoffsets al-lowed and
unpaidbalanceR. F. C.
loan
Dollars432,160
29,993323, 252
3,293,923369,840624, 668451, 706423, 215
1, 763,0371, 247,691
122,412164,175
1,002, 474184,467145,073
1, 549, 73960,854
349,801185, 754107,703372, 027242, 203418, 244
1, 880,170543, 371316, 888236, 524
4, 218, 718166, 500201, 902
61, 703155,202
3,101, 41257, 808
492, 24895, 291
190, 830110, 697237, 785
2, 434, 90835, 75538, 45125,881
230, 554176,265280, 366
2, 008,189124, 45148, 83949, 7269,810
19, 695117,17197,75092,973
1, 672, 014
509,006269,925
45, 036392, 334
Loss onassets com-poundedor soldunder
order ofcourt
Dollars31,659
9,632265,429
76,16541,118
136,485317,947220,105118,43528,89146,690
135, 64622,77630,864
192,6785,027
52, 9249,890
25, 59636,63622, 079
210,795375, 216
83, 75137,79563,671
2, 477, 4011,979
14, 76323, 28020, 348
2, 297,722
133, 58071, 553
2,4628,791
117,95231,1249,778
6,0212,152
39, 568310, 451
24, 528179, 844191, 680
38627, 248
69720, 683
200, 497
131, 54632, 631
114, 615
Book valueof remain-ing uncol-
iectedassets
Dollars452,864
15512, 609
4,021,043396, 988480, 257218,143212, 624996,189617, 26969,48571, 728
596,478109, 765266,451
1, 754, 58484,638
265,613242,58749,578
125,998263, 232573,445894,793571,089292, 538318, 203
188, 74297,22272, 659
196, 47072,80357, 31084, 94414,167
418,11854, 651
183, 2912, 567, 596
177,553149,209
106, 754
135, 4871, 229,869
83,949
91, 633100, 66459, 681
1, 271,103
1, 213,646619, 582
84,995
Bookvalue ofremain-ing un-
collectedstock as-sessment
Dollars45, 771
5,2984,999
379,59926, 30236, 59923,87617,98190,01856,81421, 77419,263
150,30916,45517,214
159, 52024, 317
. 33,38233,91815,1484,451
16,9216,492
159,34834, 01138,43119,592
17, 32719,89121, 44033,018
312,94718,87514, 95421,824
50,00013, 04822,900
160,86287,00071, 248
1,30018, 8447,035
26,390131,07711,80022,13324,80790,20014,93811,73119, 22120,24136,309
236,170232,761
55, 2932,700
Bookvalue ofassets
returnedto share-holders'agents
Dollars
103,412
34,763
Disposition of proceeds of liquidation
Conservators'distributions
To se-cured
creditors
Dollars
To un-securedcreditors
Dollars
Dividends paidby receivers
On se-curedclaims
Dollars1,636
23,65750, 94331,407
1,20952,920
93,13940,251
4,8939,485
5,9336,317
51,920
7,131
12, 43623,792
4,45717, 581
27, 36641, 620
12,66915,050
17, 204
24, 64224,196
9, 5651,6636,200
225, 357
On un-securedclaims
Dollars194,349
1,714,965274,632382,422171,152267,803576,835578,82267,13061,632
463, 22735,02220, 731
318,26326, 087
269,554103,54989, 204
191,024130,902268,833880, 654353,921122,939108,188
3 1,926,85065,103
118, 67517, 31750, 045
263, 47511, 327
46, 03642, 637
985,079
24, 574102, 595153,075180, 268
1, 282,98348, 008
7474
7,50025
70,0926,799
28, 414368, 497
1,05060, 464
236,859
Footnotes at end of table, pp. 448 and 449.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 385
1934, dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 81,
Disposition of proceeds of liquidation—Continued
Securedand pre-
ferredliabili-
ties paidexcept
throughdivi-
dends, in-cludingoffsets
allowed
Dollars148,731
245,8281,355,048
67,289125, 233188,06267,133
987, 960522,43926,12175,479
453,967111, 759100, 542
1,015, 56019, 50055,16263, 60410,957
105, 32271,506
100, 410904, 557143, 511137, 35680, 067
2,170, 03975, 51663,17131,18869,928
2,392,87426, 323
128,86872,098
159, 75929,402
134,0961, 293,122
22, 4065,572
87. 4815,698
84,170568,44463, 30418, 21122, 371
7,59430, 96664,25253, 014
1, 241, 933
236,859159,876
98,056
Cash ad-vancedin pro-tectionof assets
Dollars14,153
23,799386206
471,1593,940
55, 264124453
17,97610,836
59171,850
285170
45, 2673,0532,055
11, 538686928
2,02036,141
264
644
5,83731
1,652144
29,15477, 530
28662
2874,215
12356, 555
1,376269
78117426-100
2,543
5,8812,149
Conser-vators'
ex-penses
Dollars
Receiv-ers' sal-aries,
legal andother
expenses
Dollars39,422
1,59013,478
127,38323,95323, 59420,80127,67263, 71440,63310,54513,75755,32617,1329,024
62, 6399,404
18, 29513,0975,328
25, 79923, 20234,87545,28231,60025, 09417,97085, 68816, 67911, 7408,164
14, 20130, 9702,367
19, 3176,694
18,13411,85716,84866,991
1,7774,1611,307
17,9539,200
12, 59462, 5957,8631,9762,2182,3101,9159,6417,9108,754
47, 413
16,73241,2353,352
16,093
Cash inhands
of comp-trollerand re-ceivers
Dollars33,8694,746
13,00341,3213,580
92,00418,72459,44837,44910,28213, 5993,369
11,9783,7857,868
29, 5075,5786,6205,5042,2144,6156,409
12, 07138,13913, 65318,1354,487
8,9388,316
5772,803
677, 5681,752
33,1315,141
11, 28510, 589
12,18611, 54428,056
5,034
3,21137, 6125,2762,560
598
4,69212,1632,391
11,628
23,1276,201
41,68441,326
Amountreturnedto share-holdersin cash
Dollars
4,077
518
Amountof claimsproved
Dollars438,537102,857598, 755
3, 634,943422, 271611, 915300,341668,738994,197938,406130, 951130,888686, 44887,318
260,4841, 591, 316
43,070317,122159,982110,128254, 637245, 456839, 396
1, 464, 843707,816351, 219439, 934
2, 912,063194, 275158,23085, 81687, 054
3, 259,9857,379
329, 51275, 514
316,81478,119
263,1702,187, 791
103, 571102, 88488, 461
217, 818152,104281, 688
1, 603, 72872, 812
141, 235151, 692100, 00010, 290
138,084128, 45675, 777
1, 228, 731
532,088336,273
364, 283
Divi-dends(per-cent)
45238.55
486562.558405861. 667554767.5401020608565817553. 3333260503530
3 6033.5752557
558015
9022.545
27.7855
10064806517.5167.5
100531037.530
4218
65
Interestdivi-dends(per-cent)
3.87
Date finallyclosed or
restored tosolvency
Aug. 1,1934
Oct. 3,1934
Sept. 13,1934
Feb. 9,1934Aug. 10,1934
196419661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199619971998199920002001
20022003200420052007200820092010201120122013201420152016201720182019202020222023
202420?520262027
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
386 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. 81,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and198 Jf.—Continued
Name and location of banksCapitalstock atdate offailure
Date re-ceiver ap-pointed
Book valueof assets
at date offailure,
estimatedgood
Book valueof assets
at date offailure,
estimateddoubtful
20282030
203120322033203420352036203720382039204020412042204320442045
204620472048204920502051
2052205320542055
2056
2057
2058
20592060
2061
206220632064
206520662067
2068
2070207120722073
207420752076
Hancock National Bank, Sparta, Ga _United States National Bank, Iron Mountain,
Mich.Citizens National Bank, Salmon, IdahoFirst National Bank, Hartington, NebrFirst National Bank, Crofton, NebrBaraga County National Bank, L'Anse, Mich__Liberty National Bank, Waco, Tex.1First National Bank, Beverly Hills, CalifNational Bank of Rolla, Rolla, MoFirst National Bank, Jayton, TexWashington National Bank, New York, N. Y.>.First National Bank, Sutersville, PaFirst National Bank, Rock Falls, 111Leominster National Bank, Leominster, Mass_.First National Bank, Sheffield, IowaHenderson National Bank, Henderson, KyNew Jersey National Bank & Trust Co., New-
ark, N. J.Holston National Bank, Elizabethton, Tenn.1Alliance National Bank of Chicago, Chicago, Ill-First National Bank, Arlington, NebrFirst National Bank, Whitesburg, KyFirst National Bank, Etowah, TennBowmanville National Bank of Chicago, Chi-
cago, 111.First National Bank, Oneida, 111Boonville National Bank, Boonville, MoHurley National Bank, Hurley, WisFirst American National Bank & Trust Co.,
Berwyn, 111.Columbia National Bank, Columbia Heights,
Minn.San Bernardino National Bank, San Bernardino,
Calif.Jefferson Park National Bank of Chicago, Chi-
cago, 111.National Bank of Milton, Milton, IowaJackson Park National Bank of Chicago, Chi-
ago, 111.Standard National Bank of Chicago, Chicago,
Ravenswood National Bank, Ravenswood, I1LFirst National Bank, WTilmette, 111National Bank of Woodlawn of Chicago, Chi-
ago, 111.First National Bank, Martinsville, IndFirst National Bank, Mesa, ArizMidland National Bank of Chicago, Chicago,
South Ashland National Bank of Chicago, Chi-cago, 111.
Peoples National Bank & Trust Co. of Chicago,Chicago, 111.
First National Bank, Maquoketa, IowaFirst National Bank, Thompson, Iowa .First National Bank, Gardner, 111West Hollywood First National Bank, West
Hollywood, Calif.Guernsey National Bank, Cambridge, Ohio !
First National Bank, Willou&bfry, Ohio i. __•_First National Bank, Spartanburg, S. C_.
Dollars25, (X
100,00025,000 May 24,1932
-)d
100,000 May :60,000Ju25,000.
25,1932June 1,1932. . . . d o
50,000 June 2,1932300,000 June 3,1932
>, 000 June 7,1932), 000 June 8,1932
.do.
450,50,40,000
500,000 June 10,193225,00050,000
.do.do
150,000 June 11,193!dododo
40,000200,000
2,800,000
50,000 June 14,1932une 15,1932
000 June 17,1932. . . . d o
000 June 21,1932— .do
200,000 Ji25,50,000SO,""
300,000
— -do
. d o — .
35,000200,00050,000
175,000
25,000
100,000 do
300,000 June 25,193!
25,00C200,00C
300, 00C
200,000150,000300,00C
.do.
.do.
_do__do_.do .
100,000 June 27,1932100,000250,000
200,000
1,000,000
-do..do.
.do-
-do..
50,000 June50,00025,00075,000
28,193:dododo
50, 000 June 29,1932100,000 June 29,1932500,000 June 30,1932
Dollars100, 250107,140
194,867127,18049,319308,690
Dollars109,975663,036
377,064177,059114,007263,140
3,032,107237,68419,7238,128
103,669137,814635,63869,016748,360
2,736,228
14,003217,90223,857150,067265, 603335, 821
64,200606,821317,75343,098
11,706
245, 557
293,312
44, 247220,717
92, 575
225, 680357,657180,974
477,31976, 818117,253
78, 208
480,937
302,03121,23157,68186,041
3,610608,846
1,388,977Footnotes at end of table, pp. 448 and 449,
% 234,771304,361149,652148,731350,91314,820
1,357,062284,135705,822
12,958,425
227,8961,675,105
106,14'367,658268,336
2,089,159
92,268436,017282,406812,733
320,804
803,478
1,843,228
55,2661,006,584
522,341
528,226635,413
1,908,095
284,356392,202700,917
191,305
6,726, 552
504,62]257,351155, mi195,90C
72,536426,535
1,659,278
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
KEPOKT OP THE COMPTROLLER OF THE CURRENCY 3871934, dates of appointment of receivers and final closing, ivith nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 31,
Bookvalue ofassets atdate offailure,
estimatedworthless
Addi-tionalassets
receivedsince dateof failure
Totalassess-mentuponshare-holders
Total assetsand stock
assessment
Progress of liquidation to date of this report
Cash col-lections
from assets
Cash col-lections
fromstockassess-ment
Receiver-ship earn-ings, cash
collec-tions frominterest,premi-
ums, rent,etc.
UnpaidbalanceR. F. C.
loan
Offsetsallowed
andsettled
Dollars49,649
74,213117,59433,3477,254
Dollars9,860
22, 265
23, 66714,7139,28814,515
1,607,978197,68176,46888,5841,318
46,01471,8222,61579,319
1,240,980
93,6618,79411, 621124,01653,420229,865
115,89411,10627,015
781
678,874
22,859
4,50395, 538
103,750
9,502166, 227107, 652
274, 42358, 573153,090
86,600
73,753
9,2783,1247,86522,546
13,83513,801
506, 203
134,11543, 095
1013,953
29, 76012,83614,0748,799
120,390321,580
19,68336,7242,37422,58652, 255131, 375
8,06697,04514, 28439,550
18,802
114,880
63,884
23, 52517,383
17,926
75, 88425, 289133, 491
69,17431, 59812,405
27,653
287,440
102, 63319, 62810, 6683,767
7,38185,454622,681
Dollar,25,000100,000
100,0Q060,00025,00050,000300,000450,00050,00040,000100,00025,00050,000150,00040,000200,000
2,800,000
50,000200,00025,00050,00050, 000300,000
35,000200,00050, 000175,000
25,000
100,000
300, 000
25,000200,000
150,000
200,000150,000300,000
100,000100, 000250, 000
200,000
1,000,000
50, 00050,00025,00075,000
50,000100,000500,000
Dollars294,734831,324
769,811496, 546230,961643,599300,000
7,458,971832,821285,944349,396510,651561,484
2,128,496394,565
1,853,89120,057,213
405,2432,138, 525168,996714,327689, 614
3,086, 220
199, 5341,455, 777675, 549
1,097, 396
377,093
1,942,789
2, 523, 283
152, 5411,540, 222
886, 592
1,039, 2921,334, 5862, 630, 212
1, 205, 272659,191
1, 233,665
583,766
8, 568, 682968, 563351,334256,289383,254
147,3621, 234, 6364,677,139
Dollars100,827193,191
339,353182,10670,346200,944
3,180,190212,37869,07038,930172,346166,727
1,101,353177,732782,705
9, 811,123
26,460919,80961,364277,865182, 011
1, 031, 711
73, 608497, 284417, 868146, 694
237, 565
747,980
825, 787
54, 876479, 820
268,022470,542778, 679
351,117297, 645309,805
118, 911
3,059,239
335,13297,44293, 725150, 525
6,902393,462989,462
Dollars5,07942,154
30,7988,59514,4-628, 767178,606141,98129,5378,50029,2647,86230,174115,24314,913105,132
1,010,584
10,68228,80318,75026,14018,71853,429
18,933134, 25425, 23239,520
5,068
50, 598
82, 613
6,56448, 217
46,762
34, 76243, 622108,467
56, 48657,93284, 354
Dollars4,083
Dollars
135,725
29,5188,0706,871
25, 614
42,60081,934
308,409
26,187!11,992;3,808
14,1872,784
151,43110,7175,6811,39518, 79311, 62251, 02714,00449, 663
388, 516
2, 55149, 2853.48419,4116,083
65, 306
6,36326, 22414,11918,469
81, 965
75,469
2,81147,426
11, 289
30,19033,01726, 304
23, 44314,99332, 544
5,001
262, 219
21,1306,0924,96711,133
89, 000
32/900
Dollar,9,97922,166
51,9205,6442,131
46, 966
91, 4006,700
14,200
473,000
37, 500
49, 60044,00022, 600
13, 2007,50062,100
1,400
125,800
42, 20028,800'52,000
173, 50014, 300
277,100
9,4008,000
6,39464, 399 11,00065,8421 264,700
483,15614,130
129
2,46219,023
128,60514,13476,199992,860
4,87,03642, 654150,771
9,58447,3356,448
21, 298
10,075
79,727
74,044
9,31331,631
9,398
30,16568, 60896, 619
45, 76117, 210
47, 888
6,355
91,362
45,88511,1711,1527,4426,755
187, 241
20282030
203120322033203420352036203720382039204020412042204320442045
204620472048204920502051
2052205320542055
2056
2057
2058
20592060
2061
206220632064
206520662067
2068
2069
2070207120722073
207420752076
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
388 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. SI,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and1934—Continued
20282030
2031
2033203420352036203720382039204020412042204320442045
204620472048204920502051
2052205320542055
2056
2057
2058
20592060
2061
206220632064
206520662067
2068
2069
2070207120722073
207420752076
Progress of liquidation to date of this report—Continued
Total col-lectionsfrom allsources,
includingoffsets al-lowed and
unpaidbalanceR. F. C.
loan
Dollars119,968375,180
448,258208,33790,771
323, 764181,390
4,048,158273,462
83, 38069, 589
215, 663227, 546
1,396, 228220, 783
1, 013, 69912, 676,083
39, 6931,064, 263
88,483460, 052293,466
1, 323, 817
108, 488718, 297471,167288,081
263,804
960,270
1,183,713
73, 564607,094
235, 537
405,339644, 589
1,062,069
650,307402,080474, 591
130,267
3,825,645
431, 665122,775116,115202,714
62,651550,795
1,815,654
Loss onassets com-poundedor soldunder
order ofcourt
Dollars
118,424
69,53342,010
2,172• 55,618
947,61825,908
1,067112,89944,000
316,80147,948
126, 7941,137, 428
328, 783475, 900
38, 03515, 69510,845
289,131
17, 23266,01173, 24726,524
50,190
135, 568
314,077
1,10853,387
73,733
27,35471, 566
565,444
45, 822135, 60899,684
65,888
1,067,123
91,84929,78744, 58117,766
17,68978, 536
Book valueof remain-ing uncol-
lectedassets
Dollars158,928397,543
209,005206,786131, 312290,071
2,398,007530,405176,745209,399197,944281,734431, 737114, 751668,193
5, 315,802
513,95039,712
283,731404,104
1,314,607
64,110645,147127,986727,880
54,263
879, 514
1,009,375
62,244775,384
485,373
513, 751573,870889,470
662, 572108,728526,288
192,612
3,350,958
445,697162,93491,831
132, 521
83,705723,485
2,921,900
Bookvalue ofremain-ing un-
collectedstock as-sessment
Dollars19,92157,846
69,20251,40510,51421,233
121,394308,01920,46331,50070, 73617,13819,82634, 75725,08794,868
1,789,416
39,318171,197
6,25023,86031,282
246, 571
16,06765,74624,768
135,480
19,932
49,402
217,387
18,436151,783
103,238
165, 238106,378191, 533
43,51442,068
165,646
200,000
864 275
20,48241,93018,12949,386
7,40018,066
191,591
Bookvalue ofassets
returnedto share-holders'agents
Dollars
Disposition of proceeds of liquidation
Conservators'distributions
To se-cured
creditors
Dollars
To un-securedcreditors
Dollars
Dividends paidby receivers
On se-curedclaims
Dollars3,865
12,091
18,73611,2286,0637,029
13,6895,035
6,555
22
7,4367,8342,793
81,753
14,250
52,48528,142
13,59112,227
156,853
On un-securedclaims
Dollars12,124
199,757
96,35715,9527,558
123,942141,000
1,038,15170,5269,287
38,181156, 53183,714
848,494126,762
8 530,7403,907,837
4121,36342,056
241,73848,475
119,112
49,797354,489164,166
67,242
396,436
167,229
39,040125, 538
99,301
247,951199,966458,355
191,258174,13091,062
68,227
969,945
170,74533,70449,41579,298
40,36173,061
468,435
Footnotes at end of table, pp. 448 and 449.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OP THE CURRENCY 389
1984, dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 81,
Disposition of proceeds of liquidation—Continued
Securedand pre-
ferredliabili-
ties paidexcept
throughdivi-
dends, in-cludingoffsets
allowed
Cash ad-vancedin pro-tectionof assets
Conser-vators'
penses
Receiv-ers' sal-aries,
legal andother
expenses
Cash inhands
of comp-trollerand re-ceivers
Amounreturnedto share-holdersin cash
Amountof claimsproved
Divi-dends(per-cent)
Interestdivi-
dends(per-cent)
Date finallyclosed or
restored tosolvency
Dollars83,689
127,782
261,080159,062
155,9122
2,848,143146,19157, 6198,96740,970111,260416,19669,050371,048
8,-418, 389
28,647888,27533,321146, 572208, 581
1, 064, 968
37, 506321, 939273, 568235, 723
181,126
375, 514
908,533
15,777333,577
55,378
106,231392,248522,914
340,323171,457341, 524
26,638
2,620,005
210,77560,93356, 676
100,877
Dollars550
11, 6484035
13, 9863,60420,17411, 775
137
Dollars
2136176
1,5761,0112,145
8,107
37,8653, 428
52,341
1131,0008,1721,761
1,525
10,352
12,124
62162, 527
200
6,3341,0264,522
12, 3435,763
338
33,189
7,141200
766,774
Dollars17, 64528,305
24,19915, 3058,259
18, 2583,418
114, 26828,8068,74315,14415, 33218, 69043, 67913,15041,072
244, 714
2,26527,9078,404
23, 31727, 76572, 920
8,11834, 70118, 27646, 757
11, 526
435,2961,091,134
4,9611,646
81, 254
12,18252, 940
33,491
38,06542, 30348,014
45, 31219,14831, 569
15,466
163, 215
22, 26010, 3238,125
11, 446
2,46127, 78880,336
Dollars2,0956,609
36, 2386,750
11, 9734,637
34, 36627, 4222,4752, 5597,2972,8287,191
87, 68310, 245
Dollars
102, 976
1,34110, 777
1,90910, 5605,217
14, 476
12, 9546,1686,9853,840
2,385
55, 517
14, 573
5, 94418, 262
47,1
6,7589,046
28, 264
8,5863,44010,098
19,936
39, 291
7,1535,3881,8234, 319
9,17,250
Dollars159, 984429,166
258, 684255, 569125, 238348, 966300,000
3, 278,485612,240165,16850, 908347,847304, 611
1, 212,154230, 595886, 780
5, 211, 710
297, 611561,73281, 397402,896323,191
1,191, 566
86,158580, 645273, 681399, 702
122, 459
836, 317
66, 384736,723
154, 016
413, 201570, 523
1, 221, 965
232,006
287, 761
85, 283
3, 233,150463, 848134, 552130, 040122,096
51,820104,373
1,969,781
1049
37101036. 6674731. 667158754527.570556075
2.52351. 667601510
58. 3336160
55
45
20
57.519
64
603537.5
357532
80
30
36. 667253865
76.157030
20282030
203120322033203420352036203720382039204020412042204320442045
204620472048204920502051
2052205320542055
2056
2057
2058
20592060
2061
206220632064
206520662067
2068
2069
2070207120722073
207420752076
106093—35Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
390 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. SItotal assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and1934—Continued
Name and location of banksCapitalstock atdate offailure
Date re-ceiver ap-pointed
Book valueof assets
at date offailure,
estimatedgood
Book valueof assets
at date offailure,
estimateddoubtful
2077
20782079208020812082208320842085
2088208920902091209220932094
20952096209720982099210021012102210321042105210621072108
21092110211121122113211421152116211721182119
212021212122212321242125212621272128
21292130213121322133
Hyde Park-Kenwood National Bank of Chicago,Chicago, 111.
First National Bank, Tyndall, S. DakFirst National Bank in Kerman, CalifFarmers National Bank in Vinton, IowaFirst National Bank, Davidsville, PaFirst National Bank, Riverside, 111State National Bank in Terrell, TexFirst National Bank, Waynesboro, MissFirst National Bank in Aurora, 111First National Bank & Trust Co., Chicago
Heights, 111.First National Bank, Burns, OregState National Bank, Iowa Falls, IowaPulaski National Bank, Pulaski, N. YFirst National Bank, Jenkins, KyRoss County National Bank, Chillicothe, OhioConsolidated National Bank, Dubuque, Iowa .Peoples National Bank & Trust Co., Sullivan,
Ind.Commercial National Bank, Waterloo, IowaClearfleld National Bank, Clearfleld, PaFirst National Bank, Enterprise, Ala.1First National Bank, Artesia, CalifWhitley National Bank, Corbin, KyCity National Bank, Sumter, S. C.1Farmers National Bank, Wewoka, OklaFirst National Bank, Thomasville, GaFirst National Bank, Sylacauga, AlaProducers National Bank, Tulsa, Okla.1Monroe National Bank, Monroe, N. YSpencer National Bank, Spencer, IndFirst National Bank, Leland, 111Buchanan County National Bank, Independ-
ence, Iowa.First National Bank in Sioux Rapids, IowaFirst National Bank, Adams, MinnFirst National Bank, Northwood, IowaBoise City National Bank, Boise, IdahoFirst National Bank, Gulfport, Miss.1First National Bank, Eldora, IowaFirst National Bank, Ackley, IowaFirst National Bank, Milton, N. DakFirst National Bank, Aurora, 111.1First National Bank, Mount Olive, 111.1First National Bank & Trust Co. in Pontiac,
Mich, iNational Bank of Unionville, Unionville, Mo...First National Bank, Sevierville, TennFirst National Bank, Silverton, OregFirst National Bank, Indianola, IowaFirst National Bank, Lawrencville, 111Twin City National Bank, Bluefield, VaFirst National Bank, George West, Tex.2First National Bank, Marengo, 111Broadway National Bank of Chicago, Chicago,
111.1Citizens National Bank, Indiana, PaParma National Bank, Parma, IdahoFirst National Bank, Northboro, IowaFirst National Bank, Yukon, PaAshland National Bank, Ashland, Ky.1
Dollars600,000 July 1,1932
40,000 Ji25,00075,000
uly 2,1932dodo
25,000 July 6,1932do -do.
50,000100,00025,000200,000
..do
..do200,000 July 7,1932
..do
..do.50,00050,00075,000 July 11,193275,000 July 12,1932150,000 July 14,1932
..do150,000 July 15,1932
400,000 July200,000100,00050,00025,000
150,000 July25,000 July
100,000 July50,000
250,00050,000 July50,000 July
18,1932dodododo21,193222,193227,1932
do
30,000125 000
50,00030,00050,000
Aug
do.28,193230,1932
1,1932do
..do-Aug. 8,1932
do375,000 Aug. 9,1932400,00050,000 Aug. 10,193250,000 do25,000 Aug. 11,1932300,000 Aug. 12,1932
1 do._do
70,000600,000
40, 000 Aug,60,00035, 000 Aug,
100,50,00050,
do
13,1932do.15,1932
50, 000 Aug. 20,1932"1,000 Aug. 22,1932
~ ~ _do1, 000 Aug. 24,1932
50,000 Aug. 29,1932200,000 Sept. 7,1932
50,000 Sept. 12,193225,000 do.
30,800,
25,000 Sept. 16,, 1932~ 000 Sept. 20,1932
000 Sept. 22,1932
Dollars908, .68
64,93859,259275,80211,922110,82865,18190,220861,634223,328
142,68677,906450,80438,023476, 534
1,209,680162,365
1,668,!346,88343,415280,735122,17231,240347,970123,965126,90946,032272,240252,10969,903468,114
50,84670,655
1,539,386155,202178,30953,6786,73911,056
200
46, 786113,344101, 431122,020130,09478,637
68, 667
156, 32864,17641, 28419,9813,612
Dollars3,145,838
340,676146,493496,669149,842222,191225,954434,243
2,067,7101,151,328
144,860304,363
1,403,627292,937
1,088,0643,609,9391,116,310
3,929,873682,503284,333224,466145,559260,933464,300191,630178,764254,423311, 230408,194152,591694,924
172, 529256,435193,613886,087
1,843,020314,474377,93777,942201, 536196,850439,166
96, 572155, 528167, 693384, 855564, 87090, 913
505,930
641, 57782, 73597,648124,168390,279
Footnotes at end of table, pp. 448 and 449.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 3911984 > dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 81,
Bookvalue ofassets atdate offailure,
estimatedworthless
Addi-tionalassets
receivedsince dateof failure
Total
meatuponshare-holders
Total assetsand stock
assessment
Progress of liquidation to date of this report
Cash col-lections
from assets
Cash col-lections
fromstockassess-ment
Receiver-ship earn-
Lgs, cashcollec-
tions frominterest,premi-
ums, rent,etc.
UnpaidbalanceR. F. C.
loan
Offsetsallowed
andsettled
Dollars795,364
31,4631,416
11,442
1,11033,543117,765394,575194,884
76,63085,452
834,55563,950193,433245,176
240,981292,375159,69435,0222,241
80, 76743,230100.874152,196288.875
55,70284,88323,996
36,72783,39128,066616,544809,51729,11979,74910,860
845,9043,151
6,81763,38740,7208,526
107,03023,284
Dollars453,050
27,32518,9558,18818,57416,211237,39931,21927,89623,747
40,97616,49254,00842,909
138,47653, 216
120,05142,80811,14268, 78277,!" "1,146
52,02888,56639,593160,4704,508
108,20462,71940,480
4,15217,30914,741
360, 50421,96553,492
2,68557,99947, 286
229
16,40121,04010,90828,76430,085
800
Dollars600,000
40,00026,00076,00025,00050,000100,00025,000200,000200,000
50,00050,00075,00075,000150,000500,000150,000
400,000200,000100,00050,00025,000150,00025,000100,00050,000250,00050,00050,00030,000125,000
50,00030,00050,000375,000400,00050,00050,00025,000
300 00070,000600,000
40,00060,00035,00050,000100,00050,000
Dollan5,902,820
604,402251,128867,101205,338400,340662,077698,447
3, 651,8151,793,287
455,152534, 213
1,983,447483,424
1,788,5365,651, 5281,727,067
6,359, 7351,564,569
659,005372,910524,086932,528605,035547,462999,800637,978874,209400,096
1,352, 514
314,254457, 790353,354
3,777,5213,229,704625,394630,248123, 226
1,416,495317,487
1,039,395
206, 576413, 299355,752594,165932,079243,634
Dollars1,702,525
126,847177,, 610222,68047,867143,354134,909157,230
1,520,639921,750
180,403150,258
1,010,427168,564873,044
2,446, 236491,379
2,822,010405,42663,340
329,562116, 61861,714423,111133,737119, 669173,144
108,963451,044
63,27691,96793, 550
1, 276, 734533,704264,803260,06013,857166,72525,3402,197
78, 680133,065145,781313,623317, 65545,204
Dollars103,291
20,80112,27032,11910,70832,7317,33210,043183,16249, 294
16,40626, 58922, 26043, 279144, 234417, 46087, 641
163,157119,363
15̂ 31011, 77899,5111,90058,20013,19584,08010,2002,247
18, 05871,320
11,0681,614
18,83333, 861
222,70531, 5556,0003,775
107, 01535, 587
118,342
18, 66935, 2734,249
26,47526, 0728,435
Dollar75,038
14,1874,57411,9452,2398,2635,9106,64982,85976,043
12,16911, 75680,1636,75136,808125, 51247,127
124, 67644,9182,82111,8878,5228,19421, 7717,2583,9468,37817,06714,5337,553
25, 570
3,4488,15510,28583,30428,12717,37316,7691,4958,2082,9591,142
3,5017,16314, 57213,15217, 6462,029
Dollars73,500
80,300
5, 50015,90093,300
164,00082,000
8,300
27, 6008,400
11,000437,100139,000
102, 800
9,80020,400
23, 700107,000
16,000
106,700
10, 80014,90030, 500
Dollars483, 504
8,2397,789
36,1005,277
25,70412, 74343,422
217,43259, 761
13, 36217, 57656,3026,25195,337253,16448, 711
389,32033,404
8530,09415,4153,68579,46211, 41922,134
18537,16856,10738, 74450,718
4,58914,408
6,500
1,800
141,872
11,3936,123535
788
7,46416,1855,688
30, 38033, 8831,218
2077
2078207.9208020812082
20852086
20902091209220932094
20952096209720982099210021012102210321042105210621072108
21092110211121122113211421152116211721182119
212021212122212321242125212621272128
21292130213121322133
191,888 6,258 50,000 822,743 331,336 9,000 22,912 19,600 22,972
60,91810,84347,1031,334
475,155
69,405809
24,9046,128
246,342
50,00025,00025,00030,000800,000
978, 228183,563235,939181,611
1,915,388
226,04272,91875, 26949,38462,989
2,8754,7413,869
124371,810
12, 3776,4413,9751,881
14,541
4,30022, 9343,3246,6154,9962,430
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
392 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. 31,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and1934—Continued
Progress of liquidation to date of this report—Continued Disposition of proceeds of liquidation
Total col-lectionsfrom allsources,
includingoffsets al-lowed and
unpaidbalanceR. F. C.
loan
Loss onassets com-poundedor soldunder
order ofcourt
Book valueof remain-ing uncol-
lectedassets
Bookvalue ofremain-ing un-
collectedstock as-sessment
Conservators'distributions
Bookvalue ofassets
returnedto share-holders'agents
To se-cured
creditors
To un-securedcreditors
Dividends paidby receivers
On se-curedclaims
On un-securedclaims
2077
207820792080208120822083208420852086
2088208920902091209220932094
20952096209720982099210021012102210321042105210621072108
21092110211121122113211421152116211721182119
212021212122212321242125212621272128
21292130213121322133
Dollars2,437,858
170,074202, 243383,14466,091
215, 552176, 794310,644
2,168, 0921,188,848
230, 640206,179
1,196, 752233, 245
1,160, 4233, 679,472
813,858
3,601,963603, 111
71, 245396,653172, 733173,104526, 244210, 614182, 644372,787408, 794361,565173,318705, 352
82, 381126,944144, 428
1, 566, 271784, 536325,124295,452
19, 662281,948
64, 674121, 681
108,314191, 686170, 290383, 630395, 25658, 686
Dollars127,927
32,37726, 27814, 31916,50948,88022,61646,881
121,961165, 637
16,00995, 479
414, 51687,308
320, 371349, 778
59,897
511,81351,4405,686
76, 5092,528
16,82319,54343,46527,93438,24093, 38768,85218, 25075,812
9,06215,51625, 262
122,8611,723
57,184130,958
2,40055,0145,400
8,6527,733
21,70057, 54476,9189,646
Dollars2,988,864
296.93914,451
519,002110, 685132, 402391,809425,914
1,491, 783446,139
195,378220,900427, 202146,301349,784
2,102,350977,080
2, 236, 592874,299429,473172,840213,349291,864385,412316,414327,725538, 231129, 064410, 572204,139649.940
187,327305,899177, 682
1, 861,0542, 294, 277242,014183,10781, 434
894, 756215,959437,198
71, 780196, 316147,583142, 618403, 623137, 566
Dollars496,709
19,19912, 73042, 88114, 29217, 26992, 66814,95716, 838150,706
33, 59423, 41152,74031,7215,766
82, 54062,359
236,84380, 63795,00134, 69013, 22250, 48923,10041,80036, 805165,92039, 80047,75311,94253, 680
38,93228,38631,167341,139177, 29518, 44544,00021, 225192,98534,413481, 658
21,33124, 72730, 75123, 52573,92841, 565
Dollars Dollars Dollars Dollars
10,7463, 225
3, 331
13, 24230,16566, 849
21, 51029,079
209
205
98,336
Dollars487,085
39,30959, 638192,52026,66160,14267, 36385, 991
1,185,852486, 503
17,36888,038848,72195,752713,798
1,763, 372372,969
81, 628, 419217,988
16,09493, 2276,64119, 4374,009
215,778
109, 49146, 259
5154, 27153, 330
,'57,125
269,877
4,99048, 708
50,878306,364
6,030
33, 877209,109
16,85864,945
506, 593
210, 097166, 676
41, 87629,85880,308
2,7732,762
165, 2203, 697
66,938101,05653,095152, 225
7,040
"248," 274405,820 92, 214 326, 221 41,000
264, 22891,72489, 72856,385
451, 770
71,031
30,37521, 03622,025
608,22182,32198,68076,195
1, 027,944
47,12520, 25921,13129,876
428,190
9,3477,1612,936
65,73416,60010,047
349,396 1,532
Footnotes at end of table, pp. 448 and 449.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 393
1934, dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 31,
Disposition of proceeds of liquidation—Continued
Securedand pre-
ferredliabili-
ties paidexcept
throughdivi-
dends, in-cludingoffsets
allowed
Cash ad-vancedin pro-tectionof assets
Conser-vators'
ex-penses
Receiv-ers' sal-aries,
legal andother
expenses
Cash inhands
of comp-trollerand re-ceivers
Amountreturnedto share-holdersin cash
Amountof claimsproved
Divi-dends(per-cent)
Interestdivi-dends(per-cent)
Date finallyclosed or
restored tosolvency
Dollars1,778,172
85,040122,296162,063
19,906138, 75783,399
180,134667, 614548, 736
155,90152,154
311,211111,871401, 262
1, 758, 996344, 067
1,828, 296239,06564,979
254,93682, 74366, 017
292, 86590, 74481, 979
108, 370111,313164,46694,951
313,652
51,20284, 77844,018
945,978550,92290,3i:
102, 59713, 22213,18728,268
Dollars Dollars
20332
3,062136
123,1654,724
95, 3187,651
1,950122698
3,048
40, 89443, 072
11, 5975,241
751,413
855252
6,56510, 92830, 5012,098
1691,0551,116
1,41912,8641,8302,962
5,170108
46, 276
26,85858, 29794, 548197,130195, 24634,980
3431412
3001,432
124,453 4,603
Dollars123,654
15, 8447,043
22,4645,636
13,49118,99723, 401
110,49555,986
23, 79611,75928,37715,88834,43881, 03336,491
95,38539,1574,541
22, 37621,8159,107
22, 61114, 01618, 96213, 59919,41023, 24810,29726,115
10,93715, 93"14, 65466,97318,44617,48812,8863,93914,4133,9965,230
9,17418,03216, 77617,31916, 7348,964
Dollars45,059
19,1159,7093,035
10,4213,1503,8703,151
78, 64823,123
10,11525,0277,5366,68610,92535,17717,054
38, 2663,3241,7259,7754,4093,89349,60426, 5229,6414,5396,096
173,68211,149,397
20, 2421,9227,94"11,0203,0977,2268,1232,393
166,1962,552
36,143
5,34411,1853,095
16,9417, 7562,573
Dollars
24,666 3,824
Dollars2,185,105
333, 698119, 277544,179109, 375133,649123, 211464, 252
2,190,922778, 613
216, 678360, 406
1, 381,021168, 975927,040
2, 713,1521, 016, 703
3, 392, 490678,946
22.5
155035.52845562555.568. 3333
1832.561.56. 666:776536.6667
8 4845
213,904187, 473194, 381362,990227, 309292, 874412, 564380,119519,206239,444710,268
51. 33332546.542.528. 333319.552.371
21.2550
119,317,185,
1, 521,2,146,328,370,54,
570,199,
5, 353,
73533. 33339.56445
91,703249, 205161, 602253,865501,950119,864
7.5151.5
7340336033
496, 54; 50Feb. 19,1934
2077
20782079208020812082208320842085
20902091209220932094
20952096209720982099210021012102210321042105210621072108
21092110211121122113211421152116211721182119
212021212122212321242125212621272128
21292130213121322133
157,60154,55550,33944,48263,391
113
1,25226670
22, 5708,55411, lOt
14,040
8,8634,85114,0505,546
'22,741
600,97971, 563103,29347,710480,724
12.53010
73
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
394 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. 81,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and193 4—Continued
Name and location of banksCapitalstock atdate offailure
Date re-ceiver ap-pointed
Book valueof assets
at date offailure,
estimatedgood
Book valueof assets
at date offailure,
estimateddoubtful
213421352136213721382139214021412142214321442145214621472148214921502151215221532154215521562157215821602161216221632164
21652166216721682169217021712172217321742175217621772178
2179218021812182218321842185218621872188218921902191219221932194
American National Bank, Gillespie, Ill.iSpringfield National Bank, Springfield, PaFirst National Bank, Cairnbrook, PaFirst National Bank, Wendell, MinnFirst National Bank, Peetz, ColoFirst National Bank, Emporium, PaFirst National Bank, Frazee, MinnFirst National Bank, Letcher S. DakCentral National Bank, Decatur, Ala.1Brown National Bank, Jackson, MinnCitizens National Bank, Wessington, S. Dak . . .First National Bank, Vincennes, IndAndalusia National Bank, Andalusia, AlaLiberty National Bank, Dickson City, PaFirst National Bank, Lewisville, IndFirst National Bank, Mazon, 111First National Bank, Egan, S. DakFirst National Bank, Story City, IowaFirst National Bank, Wyoming, Iowa l
First National Bank, Qormania, W. Va.'First National Bank in Greensburg, KansFirst National Bank, Scappoose, OregHomer City National Bank, Homer City, P a . . .First National Bank, Reynolds, GaFirst National Bank, Palestine, 111First National Bank, Springfield, OregMasontown National Bank, Masontown, Pa.1 _.First National Bank, Portsmouth, Va.1United States National Bank, Deer Lodge, Mont.McDowell County National Bank, Welch,
W. Va.iSchmelz National Bank, Newport News, Va.1
National Citizens Bank, Lake Benton, MinnFirst National Bank, Crosby, N. DakFirst National Bank, Flandreau, S. DakFirst National Bank, St. Francis, KansFarmers National Bank, Gonzales, TexDiamond National Bank, Pittsburgh, PaDawson-City National Bank, Dawson, GaPark National Bank, Sulphur, OklaFirst National Bank, Allen, OklaDuquesne National Bank, Pittsburgh, PaShawnee National Bank, Shawnee, OklaFirst National Bank, McLoud, OklaUnited States National Bank & Trust Co.,
Kenosha, Wis.Tecumseh National Bank, Tecumseh, OklaFirst National Bank, Washington, MoFirst National Bank, Ocean City, N. JPainesville National Bank, Painesville, Ohio *_.Granville National Bank, Granville, N. Y.iFirst National Bank, Rensselaer, Ind.1
First National Bank, Dillwyn, Va.iAyers National Bank, Jacksonville, 111City National Bank, Georgetown, TexFirst National Bank, Webster City, IowaBelmont National Bank, Belmont, Ohio 1.Gadsden National Bank, Gadsden, AlaFirst National Bank, Lincoln, AlaFirst National Bank, Woodlake, CalifFirst National Bank, Ephrata, WashFirst National Bank, Faulkton, S. Dak
Dollars50,000 Sept.50,000.
. .22,1932do
25,000 Sept. 23,1932do.50,000
25,000 Sept.200,000.
000 O
30,00025,000
200,00040,00030,000
200,000200,000100,00035,00050,00025,00075,00050,00025,00040,00025,00050,00025,00025,00025,000
100,000300,000100,250,000
400,00025,00025,00040,00025,000
100,000600,000100,00025,00025,000
500,000150,00025,000
200,000
25,00025,000
300,000150,00050,000
120,00050,000
600,00050,000
100,000
. 24,1932do
Sept. 26,1932Sept. 27,1932Oct. 1,1932Oct. 3,1932
do____do
Oct. 5,193Oct. 6,193Oct. 8,193- . . d o
Oct. 10,193do
Oct. 11,1932
Oct." 12",T932Oct. 18,1932
do.Oct. 20,1932
doOct. 22,1932Oct. 24,1932. . . .do»ct. 25,1932
do—
Dollars704
50,55'26,80432,60628, 658
206, 26578,45527,1067,672
35,86'58, 486
160,603130, 03:145, 749165, 95546,17033, 368
170, 9232,344
'" "167,"85433, 682
122, 87827,14251, 23240, 387
Dollars71,144
112, 254285,530105, 342
70, 5731,093,224
285,64688,927
269,840193,410167,993957,864947, 336321,802139,143108, 258
96, 730373,854
27, 37639,905
188, 283112, 056399,314
92, 055163, 809
64, 542
112, 254 362,97232, 864
Oct. 27,1932Oct.2 8,1932Nov. 1,1932Nov. 3,1932. . . . d oNov. 4,1932Nov. 14,1932
do.do.do
STov. 15,1932do
....dodo
NTov. 18,1932dodo
NTov. 21,1932do.do
27,71830,876109,68688,499148,986
2,948,789168,62376,09417/248
2,185, 624524,67926,017101,854
64,807111, 698228, 3151,84766,243
.do.
doNov. 30,1932
25; 000 Dec. 1,1932....do
do
1,426,27943,54872,945
125,00025,00025,000 Dec. 2,1932
.do.25,00025,000 Dec. 8,1932
263,75714,12783,81215,87096,474
180,075108,887276, 616231,042401, 543
8,739,428394,20996,13296, 613
4,841,8001, 531,132
68, 427934, 347
248,113686,235
1,904, 310346, 27976,529
20,0003,994,537111, 614527, 79217,400707,34161,48627,051131,430128,788
Footnotes at end of table, pp. 448 and 449.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
OF THE COMPTROLLER OF THE CURRENCY 395
1934, dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 81,
Bookvalue ofassets atdate offailure,
estimatedworthless
Addi-tionalassets
receivedsince dateof failure
Totalassess-mentuponshare-
holders
Total assetsand stockassessment
Progress of liquidation to date of this report
Cash col-lections
from assets
Cash col-lections
fromstockassess-ment
Receiver-ship earnings, cash
tions frominterest,premi-
ums, rent,etc.
UnpaidbalanceR. F. C.
loan
Offsetsallowed
andsettled
Dollars75,16818,001
31,1988,565
290,45515,30011,081246,26527,56418,855
490,473470,29959,59648,88313,40144,21719,23631,127
Dollar,105
2,12010,3112,027
911238,642
39313,797
1,7572,1557,942
123,915161, 22625,322
7,63316,7714,335
34,4545,502
15,78023, 6143,273
26,42742,141
7,160
221, 667465,372
49, 58626,14434,388
23665,781
1, 728, 560104,893
11,74112,92C
1,001,23890, 33325, 395
435,079
1,821873, 720118, 77428, 701
1,679,82033, 725101,414
130,8765,36216, 5923,65917,780
20,44711,34166, 73616,1527,0588,848
35089, 75057,056
1,9462,03758,7617,68221,412561,7864,r635
3,598187,14593,1372,43158,984
49,9897,521
365, 397
1,000
121, 79824,60914, 30532,86229,95522,8409,5194,75518,275
Dollars50,00050,00025,00050,00025,000
200,00030,00025,000
200,00040,00030,000
200,000100,000100,00035,00050,00025,00075,00050,00025,00040,00025,00050,00025,00025,00025,000
100,000300,000100,000250,000
400,00025,00025,00040,00025,000
100,000600,000100,000
25,00025,000
500,000150,00025,000
200,000
25,00025,000
300,000150,00050,000
50,000500,00050,000
100,00025,000
125,00025,00025,00025,00025,000
Dollars197,121232,932347, 645221,173133,707
2,028,586409, 794165,911725,534298,996283,276
1,932,8551,808,893652,469396, 614234, 600203,650673,467116.34964,905
372, 364205,693642, 201186,776289,240145,937100,000300.350
805,292
400,000284,325192,944519,451352,459737,722
14, 578,563772, 573209, 602155,379
8, 715, 8072, 389, 281
147,2701, 730, 264
387,909832,275
3,671, 742616,900222, 511
1,00070,000
7, 722,434263,496816,456
75,2621, 256,929
128,815161,974180,714286,317
Dollars8,532
42,261157,429
71, 57148,153
405,023181,701
45, 27133,620
106, 20050,306
771, 292322,403182,831104,43359,48335,548
226,76323, 66912, 255
148,72742,387
138,91739,16659,62765, 362
350275, 77926,057
88, 79543,396
179,565174,077278,410
4,756,526268,992104,162
45, 4993, 468,1091, 054,228
48, 111464,455
112,899448, 268483,345
10,65360,458
1,0002,169
2, 756, 62678, 736
250,1891,212
279,39925,51593,13981,771
109,701
Dollars7,119
18,53221,939
38,3917,000
10055,83423,824
1,750128,94061,55033, 23014, 60118,124
50025,97616,85018, 0388,1045,436
28,1315,867
11,4997,2821,550
70,85425, 261
192,010
281, 9763,636
1009,358
17,15662, 338
420,12733, 5442,600
Dollars132
2,3538,1085,9432,388
20, 2658,0345,2456,2523,5989,444
34,09712,6918,5434,9222,4074,10,0182,7206,8768,7484,70720,6501,7714,0355,127
71,791
16, 2621,049
5,4167 , r • •
2,703
Dollars
23,700
"95,166
13, 500
~~6,~366
20,1008,100
30,000
Dollars<
7,0963,5993,180
34129, 72914,387
1,7345,251
31,491869
148,78336, 78323,72914,3631,7931,777
17,878
10,900
5,2009,900
6,800
11, 500
302,3212,9002,613
122,469
9,72025,000130,28071,06733,423
8,48710,051
352, 27321,0364,752630
184,87161, 5482,38118,818
6,46919,80039, 5122,1754,430
15, 90016,200
534,800
464, 200116, 300
23, 26881, 23014,48132,46010,94573,6822,34012,900
5741,100
11778, 3512,56016,883
26524, 734
6714,7525,33011,929
127,400
11,100
"86," 700
29412,19110,12824,5333,5405,1275,733
18, 572
8,0441,39113,0045,1756,563
809, 58226, 3135,8182,331
355, 748126, 5856,048
134,941
25,13720,84724, 266
269, 7239,81622,728
34,601
213421352136213721382139214021412142214321442145214621472148214921502151215221532154215521562157215821602161216221632164
21652166216721682169217021712172217321742175217621772178
217921802181218221832184218521862187218821892190
308 219110,538 21926,092 21935,719, 2194
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
396 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. SI,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and1934—Continued
213421352136213721382139214021412142214321442145214621472148214921502151215221532154215521562157215821602161216221632164
21652166216721682169217021712172217321742175217621772178
2179218021812182218321842185218621872188218921902191219221932194
Progress of liquidation to date of this report—Continued
Total col-lectionsfrom all .sources,
includingoffsets al-
lowed andunpaidbalanceR. F. C.
loan
Dollars15,79255,400
211, 368102, 63350,882
588,808211,122
52, 350100,957178,61362, 369
1,089,412433,427248, 333158,41989,90742,113
310, 63543,23937,463
177, 77062, 658
223,13150, 34485, 48893,404
1,55772,995
342, 674219,116
287,392119,84147,590
226,808221,095357,362
6,873,308349,885117,33248,460
4, 775,2491, 361, 561
59,153740,683
154, 225513,915677,40383,89598 316
1,00025,554
3,313,330105,593333,360
12,422499,116
28,834121,32993,767
128,449
Loss onassets com-poundedor soldunder
order ofcourt
Dollars10,95030,51650,95110, 942
266,73841,089
7358,790
38,3927,469
93,19231,33317,48129, 65823,0036,021
40,19242, 680
2395,4706,475
70,3322,9018,2445,778
66,989529, 235
7,52228,03528,10260, 66560,415
920,12538,2775,3342,727
972,24153,504
68148,051
2,999291,774
3,455100,450
114
888,3399,314
40,798
7,5262,461
12,44312,7753,517
Book valueof remain-ing uncol-
lectedassets
Dollars127,630103,059110,66685,48060, 213
1,127,096142, 61793,171
477,87382,913
194, 632719,588
1, 318,374328,428213,160100,321135,304313,634
27,117165,976121,703358,419116,169191, 24244,064
425,303
154,96495,122
258,78087,542
292,3347,492,330
338,99169,28879,822
3,419,7091,004,964
67,430882,817
221,87446,386
2,860,676355,797111 934
17,8313, 307, 746
115,630402,741
49,050810,403
75, 53120,85455,076
142,380
Bookvalue ofremain-ing un-
collectedstock as-sessment
Dollars42,88146,310
6,46828,06125,000
161,60923,00024,900
144,16616,17628, 25071,06038,45066, 77020,39931,87624,50049,02433,1506,962
31,89619, 56421,86919,13313,50117, 71898,450
229,14674, 73957,990
118,02421,3642,4,90030,642
7,84437,662
179,87366,45622,40025,000
197,679147,10022,38777,531
15,280
169,72078,93316,577
26,732418,770
35, 51967,54014,05551,31822,66012,10024,42623,900
Bookvalue ofassets
returnedto share-holders'agents
Dollars
Disposition of proceeds of liquidation
Conservators'distributions
To se-cured
creditors
Dollars
To un-secured
creditors
Dollars
Dividends paidby receivers
On se-curedclaims
Dollars
1,677
7,469
6,166
45, 68511,427
19,38329,0298,201
11,9062.569
13,48115,7378,3752,079
24r 319
29,38639, 559
2,455
8, 533
30,267
24,1853,003
38,20494,661
3,828
11,883
59,73331,068
8,3736,371
17,8201,836
9,0217,098
On un-securedclaims
Dollars
9,052118,860
9,038
345,787104,429
46, 201
226,95234,69236,01845, 54036,893
170,920
10,9825,371
81,790
37,64756,788
40128,62678, 245
142, 298
277,05819,494
93,337112,65690, 024
8 3,995,19711,33149,22518,707
1,704,672378,151
32,52762,748
43,293386,953
15,694303,753
21,379100,588
8,111145,988
65161,47712,02613,435
Footnotes at end of table, pp. 448 and 449.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OP THE COMPTROLLER OF THE CURRENCY 3971984, dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 31,
Disposition of proceeds of liquidation—Continued
Securedand pre-
ferredliabili-
ties paidexcept
throughdivi-
dends, in-cludingoffsets
allowed
Cash ad-vancedin pro-tection
of assets
Conser-vators'
ex-penses
Receiv-ers' sal-aries,
legal andother
expenses
Cash inhands
of comp-trollerand re-ceivers
Amountreturnedto share-holdersin cash
Amountof claimsproved
Divi-dends(per-cent)
Interestdivi-
dends(per-cent)
Date finallyclosed or
restored tosolvency
Dollars7,560
34,47382, 75069,28046,940
188,18779,14042,41942, 551
112, 63454, 268
790,696236, 510121,933
80, 77939,41935, 747
116, 37127, 65519,258
137,04139, 98392,03131,40837,93621,878
Dollars1,000
267
Dollars
205,38426,057
82, 78237, 515
101, 52391,971
195,0472,639,829
256,379
10,8652,871,632
812,77716,930
487,634
61,60977,447
427,10811,94364,832
2,899,27461,440
200,835
269,01423, 27335,97659,119
1,371192
2,283430
855,104
66,0241,5471,505
13427
358
2,132878
1,111386
15
2,817
7,164
1,1392,9163,372
212
4,860583304
18525
17,856
38, 33413725
19, 233
2,725212
34
Dollars1,7868,1456,895
11,0282,633
30,46513, 2234,8247,3916,5665,915
29,69331,10419,90111, 5029,3545,474
17, 7992,103
60912, 89110, 53719,0936,6007,6248,0301,1157,73813, 6862,922
4,2599,8905,16213, 33211,92119,307188,45117,6996,1303,72277,69552,9406,138
41, 774
11,39714,59546,948
1,7471,0002,977
59,9557,603
17,4502,022
35,270
7,10,4097,262
Dollars5,4462,0512,7965,8181,309
16,83214,1382,8244,9001,7852,101
17, 58436,06860,7337,1871,538
8655,187
Dollars Dollars
1,8598,4812,5565,020
11,2251,8956,693
4136, 63115,0608,280
6,0752,4034,9132,9194,547
21, 57846, 91536,91910, 03415,15478,18622,4493,254
144, 656
25,85834,895185,4919,523
6,88312,0146,6618,0912,28911, 791
8813,3152,98011,054
85,825192, 74576,72866, 065
1,173,175238, 74080, 997304, 56592, 504181,188572, 086983,448355,009185, 37969,800131, 279369, 60350,92571, 534174,072101, 675385,82863, 915188,46281,126
834301, 327403, 670284,597
401, 533157,02396, 076234,063187, 762310,199
7,987, 572315, 55087,05374,585
3,419,0981, 283,869
69, 209663,131
230, 591644,471
2, 214, 223198,459172, 602
12.561. 666720
3044
1548.5
43712.527.553
4626.47222107.527.5
2070509.52566.5
6914
406038'501060255031. 66674710
2460
3018
26,1563,039, 796
74,726359, 24727,038633,68749, 75366,82374, 703172,300
6010352830235922712.5
Sept. 21,1934
Sept. 3,1934
213421352136213721382139214021412142214321442145214621472148214921502151215221532154215521562157215821602161216221632164
21652166216721682169217021712172217321742175217621772178
2179218021812182218321842185218621872188218921902191219221932194
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
398 REPOKT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. 31,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and1934—Continued
2195219621972198
2199220022012202220322042205220622072208
220922102211221222132214221522162217221822192220
22212222222322242225222622272228222922302231223222332234223522362237223822392240
224122422243224422452246224722482249
22502251
Name and location of banks
Reno National Bank, Reno, NevFirst National Bank, Winnemucca, NevEnumclaw National Bank, Enumclaw, Wash.*.Public National Bank & Trust Co., Houston,
Tex.1Merchants National Bank, Wadena, MinnFirst National Bank, Motley, MinnFirst National Bank, Fort Gaines, GaAllenwood National Bank, Allenwood, Pa.1First National Bank, Chester, W. VaFirst National Bank, Marshfield, WisFirst National Bank, Iowa Falls, IowaMills County National Bank, Glenwood, Iowa-First National Bank, Rocksprings, TexCitizens National Bank, Glenwood Springs,
Colo.First National Bank, Ortonville, MinnFirst National Bank, Hermosa Beach, CalifWinder National Bank, Winder, GaFirst National Bank, Centerline, MichFirst National Bank, Russiaville, IndPutnam National Bank, Palatka, FlaFirst National Bank, Herrin, 111Third National Bank, Mt, Vernon, 111First National Bank, George, IowaFirst National Bank, Englewood, KansFirst National Bank, Monrovia, IndCitizens Security National Bank, Sisseton,
S. Dak.First National Bank, Ell wood City, PaFirst National Bank, Fowler, KansFirst National Bank, Greenfield, 111First National Bank, St. Marys, KansFirst National Bank, Yale, MichFirst National Bank, Sodus, N. YFirst National Bank, Anna, 111First National Bank, Littleton, ColoSt. Louis National Bank, St. Louis, MoFirst National Bank, Mary ville, TennJackson National Bank in Jackson, MinnFirst National Bank in Mamaroneck, N. YLiberty National Bank, Marine City, MichFirst National Bank, Algonac, Mich _.Arlington National Bank, Arlington, OregFirst National Bank, Wheaton, 111Snell National Bank, Winter Haven, Fla.1Twelfth Street National Bank, St. Louis, Mo...Farmers National Bank, Taylorville, 111East Tennessee National Bank, Knoxville,
Tenn. 2First National Bank, Madison, NebrFirst National Bank, Buffalo Center, IowaSecurity National Bank, Alexandria, S. Dak.i...California National Bank, Sacramento, CalifFirst National Bank, Wellington, ColoCommercial National Bank, Columbus, Nebr._First National Bank, Morristown, TennFirst National Bank, Statesville, N. CChelsea-Second National Bank & Trust Co.,
Atlantic City, N. J.National Exchange Bank, Waukesha, Wis.1First National Bank, Manilla, Iowa
Capitalstock atdate offailure
Dollars700,000 Dec. 9,1932200,000 Dec. 10,193250,000 Dec. 12,1932
800,000 Dec. 13,1932
100,000 Dec. 16,193225,000 do60,000 Dec. 19,193225,000 Dec 22,193250,000 do150,00050,000 bee. 27,193265,000 do35,000 Dec. 28,193250,000 Dec. 29,1932
50,000
100,00040,000250,00050,000 Jan30,00025,000 Jan50,000200,000300,000loo.ooo.—
2,000,000 Jan100,00050,00030,000 Jan
2,000,00025,50,000
100,000 Jan100,600,000
Date re-ceiver ap-pointed
.do.50,00050,000 do100,000 bee. 30,193250,000 do25,000 do
100,000 bee. 31,1932_do_
150,000 Jan. 3,1933-Uan. 4,1933
do>, 000 Jan. 5,1933
.do
25,25,00030,00050,000
125,000 Jan. 10,193325,000 . . . do55,00050,000 Jan40,00060,00050,00025,000
_do. 12,1933-do-do_-do__do_
200,000 Jan. 13,1933*". '"" do^40,000 Jan. 16,1933
_do17,1933
.do19,1933
.dodd o -
.do
.do20,1933
_do_-do_
21,1933—do
000 Jan. 24,1933—do
25,1933000 Jan. 27,1933
_._do
200,000 __—do~25,000 Jan. 30,1933
Book valueof assets
at date offailure,
estimatedgood
Dollars1,845,078
600, 704
65,443
79, 22514,24918,187
125,449142, 38534,339122,94721,469120, 712
162,98916,913148,27119, 77467, 39554, 679320,832
1,112,46737,63833,15454, 27592, 752
534, 56818,645110,02661,06041, 569229, 349114, 52379,818
391, 251171, 23599,304258,809255, 713173,46458,379211,073
465,768246, 581
157, 24111,1811,230
6, 667,08533, 324151, 691317, 302155,748477,010
60,961
Book valueof assets
at date offailure,
estimateddoubtful
Dollars4,171,2031,123, 539
1, 783,190
640,404109,020130,654
326,9201,331,163273,714237, 38284,291368,666
453, 437248, 862259,615248, 67134,693
1, 352,824730,967
1, 535, 644170, 06684, 44272, 967
230, 770
901, 269105, 638369, 263206, 657240, 369396,465555,914272, 773
1,311,887625, 357171, 810
3,193, 514330,782141, 56485,377379,541
1,005, 3051, 209, 203
387,13263, 63641, 693
7,093,85863, 275
311,056874, 248366, 274
7, 790,442
138, 728Footnotes at end of table, pp. 448 and 449.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 3991934, dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 31,
Bookvalue ofassets atdate offailure,
estimatedworthless
Addi-tional
receivedsince dateof failure
Total
mentuponshare-holders
Total assetsand stockassessment
Progress of liquidation to date of this report
Cash col-lections
from assets
Cash col-lections
fromstock
ment
Receiver-ship earn-ings, cash
collec-tions frominterest,premi-
ums, rent,etc.
UnpaidbalanceR. F. C.
loan
Offsetsallowed
andsettled
Dollars2,192,891
352,628
Dollars506,167248,203
1, 579, 742
2,7014,3458,435
3,992
29,87973,93012, 70289, 719
78,69743, 57132,83724, 65642, 691328, 790188, 58960,91521, 7324,91217, 63440, 761
155,44221,00859,81630, 23592, 540358,181155,19339,103
257,91726,87749, 744312,157
314
2,38046,430
52,03243,686
359, 516
5,4227,915
29,98140, 21746,92014, 25611, 08979,003
3,285245
31,1802,76710, 28081,899216, 26390,1305,643
34, 55617, 39023,861
104,17835, 63531, 95616, 98516, 79434, 99371,49821, 99432,00522,9469,360
117, 3952,2281,44717,048U, 103
50023,12272,850
Dollars700,000200,00050,000
800,000
100,00025,00050,00025,00050,000150,00050,00065,00035,00050,000
50,00050,000100,00050,00025,000100,00050,000150,00025,00025,00030,00050,000
125,00025,00055,00050,00040,00060,00050,00025, 000
200,000100,00040,000250,00050,00030,00025,00050,000
200,000300,000100,000
Dollars9,415,3392, 525,074
50,0004, 587,891
827, 752160, 529214,16225,000536, 342
1,690, 455434,852513, 515164, 551708,100
748,408359, 591571,903345, 868180,059
1, 918,1921, 506, 6512, 949,156260,079182,064192, 266438,144
1, 820, 457205,926626,061364, 937431, 272
1,078, 988947,128438, 688
2,193,060946, 415370, 218
4,131,875639,037346, 475188,184698,147200, 500
1,846,2271,672,320
Dollars1,762,189587,471
1, 299, 426
402, 68450, 54447, 558
232.161396, 611130, 710166,82943, 241259,911
321, 461134, 685155, 66347, 68279, 715510, 509431, 768
1, 292,861112, 31746,02449, 387122, 495
417, 62258,844232,975128,818104, 449287,985277,826212,840802,156305, 716154, 956
1, 012,472169.16283,00966, 748
308, 627501
848,656379,893
Dollars183,73635,82946, 241
146,083
31,0321,00015, 64620,10022, 625104,22324,14626,63122,20022, 387
20,61818,06431,0365,41612,85232, 89939,800128,0055,579
15, 46715, 353
50, 3053,79235,86315,01921, 5769,90034,36112,16852, 25761,171
1139,05122, 78011,92212, 22219,10495, 329101, 63738, 207
Dollars201, 28432, 733
18629,023
19, 3982,2621,878511
14, 21518, 436
3,42610, 462
14,1255,3349,9962,1405,56612, 61920,18255, 2468,228942
1,9759,645
Dollars
120,900
Dollars69,60289,294
11, 083
23, 5902,0363,168
104,900
16,000
46,800
13, 6005,200
89,00037, 300
3,700
4,0389,9926,4125,37019, 35312,88315, 29041, 03016,0497,303
27, 5276,0448,7083,25116,0951,482
53, 24128,923
14, 700
227, 5004,300
21, 50023, 90032,00018, 20012, 70053, 4004,700
78,1005,000
15, 79147, 2905,13826,2623,13014, 564
21, 6641,794
21,388389
5,10645, 79160, 653178, 4047,146686
8,3285,312
54, 205
13̂ 5158,33213, 53517, 72717, 5028,580
225, 69216, 3157,308
41, 47821, 3889,1704,34121, 476
113,600 93, 74749, 916
2195219621972198
2199220022012202220322042205220622072208
220922102211221222132214221522162217221822192220
22212222222322242225222622272228222922303231223222332234223522362237223822392240
224122422243224422452246224722482249
22502251
120, 49865,51343,928
1,963,8795,90352,191330,639210,567
2,820,837
39, 70527, 694
153,417161
29,16936,94854,963659, 517
24,080 31,360
100,00050,00030,000
2,000,00025,00050,000100,000100,000600,000
200,00025,000
804, 576218,024116,851
17,878,239127,663594,107
1,659,137887,552
12,347,806
200,000280,129
286,16640,383
7, 517,26543, 739257, 583512,003223, 529
1,991, 225
110,940
34, 70611,800
500934,1345,892
27, 65052, 26013,157199, 581
173,11711, 393
15,8623,252435
413, 5871,98110,02019, 56210, 294108,843
2,3315,145
19, 0827,1
2,100
156, 900
1, 626, 7765,08210, 202104, 36225,183108, 964
15,800 7,405
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
400 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. SI,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and1984—Continued
2195219621972198
2199220022012202220322042205220622072208
220922102211W1?22132214221522162217221822192220
2221222222232224222522262227222822292230223122322233223422352236W37223822392240
224122422243224422452246224722482249
22502251
Progress of liquidation to date of this report—Continued
Total col-lectionsfrom allsources,
includingoffsets al-lowed and
unpaidbalanceR. F. C.
loan
Dollars2,216,811
866, 22746,427
1,485, 615
476, 70455,84268, 25020, 611
284, 792671,460166,979227,421
71,997323, 324
424, 668159,877231,683
60,827103, 239601, 818641,403
1,691,816133,27051,35275,157
167,505
776,13072,062
292,345180,081168, 830366, 965360,772261, 578
1,174, 535403,951169, 578
1,120,528219,374190,909
91, 562365,302
97, 3121, 210, 881
496,939
355, 81663,1335,634
10,491,76258, 794
305,455845,087272,163
2,408,613
175, 448150,683
Loss onassets com-poundedor soldunder
order ofcourt
Dollars459
2, 477,382
104,4494,3124,915
57,69523,905
127,09671,154
1,45255, 506
112, 35441,21029,96825,8994,601
93,25062,977
268,01829, 766
9141,051
29,135
13,5201,638
61, 21223,58776, 320
104, 34059, 53948, 868
230, 31160, 470
9,35738, 664
100,28528, 602
61, 359
84,33313, 755
26, 7524,595
82,1521,351, 529
48218,965
8,0361,146,381
22, 727
Book valueof remain-ing uncol-
lectedassets
Dollars6,883,0891, 648, 309
197,02978,637
108, 521
180,6951,072,649
121,908184,27081,728
328,119
242,929131,902264,884221,898
65, 6371,168, 642
901, 2531, 059,873
85,850109,440103,500231, 202
1, 210,110119,356263, 359154, 200196,968608,936542, 261143, 400734,901463,914158, 597
2,789, 261298,202195, 69492,094
256, 685
519,4911,128, 756
272, 576115,348
5, 382, 66953, 360
257,357942, 772530,804
8,501,236
114,057
Bookvalue ofremain-ing un-
collectedstock as-sessment
Dollars516,264164,171
3,759653,917
68,96824,00034,3544,900
27,37545,77725,85438,36912,80027, 613
29, 38231,93668,9644,584
12,14867,10110, 20021,99519,42125,00014,53334,647
74,69521,20819,13734,98118,42450,10015, 63912,832
147,74338,82939,989
210,94927, 22018,07812, 77930,896
104,670198,363
61, 793
65,29438, 20029,500
1,065,86619,10822, 35047,74086,843
400,419
26,88313, 607
Bookvalue ofassets
returnedto share-holders'agents
Dollars
Disposition of proceeds of liquidation
Conservators'distributions
To se-cured
creditors
Dodars
To un-securedcreditors
Dollars
Dividends paidby receivers
On se-curedclaims
Dollars
106,785
12, 5921,9259,903
25,181
11, 5226,089
25, 335
11, 6655,749
24,753608
4,4803,023
20,389
5,2746,123
22,288
15,126
15,992
9,816
9,606
106,471
4,5904,394
11, 2879,833
11,852
103,204
On un-securedclaims
Dollars
491,13744,275
212,34714,6886,374
15,987136,894244, 027128, 53948,1009,851
115,795
140,09017,72471,05537,43339,813
453,790743,619
62,2301,164
38,88728, 331
107,9149,285
208,63460,894
110,18859,860
114,445155,885326, 283186,12321,088
96,90533,49328,06181,867
711,140253,379
58, 23223,241
3,676,48521,970
119,004379,47132,362
138,381
Footnotes at end of table, pp. 448 and 449.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OP THE CURRENCY 4011934, dales of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 81,
Disposition of proceeds of liquidation—Continued
Securedand pre-
ferredliabili-
ties paidexcept
throughdivi-
dends, in-cludingoffsets
allowed
Dollars1,589,875
308, 085
1,334,245
224,95826,81539,864
109,868345,86522,770
100,87233,441
160,191
204, 743121,054112,04912,29940,901
492,922138,851870,56046,81542,94119,29399, 610
603,73947,19843,58585,87145, 783
261,084176, 24973,995
795,392191,003114,238927,194121,09476,16938,376
258,149
351, 248194,808
268, 65923,907
586,053,974
28,891145,642397,475188,372
1,969,633
15,63934,317
Cash ad-vancedin pro-tection
of assets
Dollars160,515
7,706
5,6084
1,603
701,597
57145853
9,71724
1,3676526
4,12120,93622,333
1,067
17,460107
1,80037
5321,557
23,105337
6215
10, 068216
1,838128
104
2533
19,51648
2004,858
74515,918
10
Conser-vators'
ex-penses
Dollars
Receiv-ers' sal-aries,
legal andother
expenses
Dollars54,92434, 4252,152
15,870
14, 0769,7197,7992,339
11,49533,1447,716
19, 0026,536
14,994
14,00910,10117, 5956,8039,034
21,50619,31238,3748,4363,8356,301
9,166
20,8877,320
13,8318,6727,810
18,24418,90311,16830,27119,6648,601
47,10512,70612, 2527,730
16,8174,117
22,88118, 569
14,1937,532
564183,755
4,29115,59935,31515,289
113,274
3,6725,565
Cash inhands
of comp-trollerand re-ceivers
Dollars411,49724,874
28, 715
7,1232,6912,7072,285
26,46521, 6467,954
47,86815,9356,156
44,4445,2254,8643,619
13,46583, 2698,514
16,93011,309
3899,609
10,009
20,8562,029
24,4952,3194,517
11,09428,0704,201
22,5277,146
15,835136,16185,3583,7452,345
62,26711,32819,14130,079
14, 7073,830
618558,032
3,59413, 72318,13523,549
309, 788
17,7567,587
Amountreturnedto share-holdersin cash
Dollars
Amountof claimsproved
Dollars2, 226, 5541,403, 248
50, 0003, 051,013
388,65573,46977,48018,167
263,328997,113267,792241,88053,156
377,891
399,990156,503184,908172,92566,470
779,8431,007, 8871,487,733
139,44484,96297, 220
221,455
(575,484103, 621431,030139,936287, 689640,246458,680261,738
1,087,717531,819145,410
2,269,333385, 564193, 81385, 768
187,075136,445748,055760,136
291,15862,82136,309
7,361, 24548,846
295, 711887,864359,796
8,463, 223
203,502147,392
Divi-dends(per-cent)
3588.553.5
58202088522748203037.5
3515382260
455044. 667
54021
16.66671548.33335038122560303515
505515609533.3333
203712.101850454543.666711
6870
Interestdivi-
dends(per-cent)
Date finallyclosed or
restored tosolvency
Oct. 9,1934
Dec. 21,1933
2195219621972198
2199220022012202220322042205220622072208
2209
mo2211221222132214221522162217221822192220
222122222223222422252226
?m2228222922302231223222332234223522362237223822392240
224122422?,43224422452246??4722482249
22502251
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
402 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. 81,total assets at date of failure and additional assets acquired subsequent thereto^offsets allowed and earnings, together with the disposition of such collections, and1934—Continued
Name and location of banksCapitalstock atdate offailure
Date re-ceiver ap-pointed
Book valueof assets
at date offailure,
estimatedgood
Book valueof assets
at date offailure,
estimateddoubtful
22522253
225422552256225722582259
22602261
2262
226322642265
226622672268226922702271227222732274
227522762277
22782279228022812282228322842285228622872288228922902291229222932294229522962297
2299230023012302230323042305
First National Bank, Craig, NebrAtlantic City National Bank, Atlantic City,
N.J.First National Bank, Steelville, Mo 1City National Bank, Oshkosh, WisFirst National Bank, Roodhouse, 111First National Bank, Leigh, NebrFirst National Bank, Ballston Spa, N. Y.iLincoln Park National Bank, Lincoln Park,
Mich.First National Bank, Heppner, OregFarmers & Stock Growers National Bank,
Heppner, Oreg.Pleasantville National Bank, Pleasantville,
N.J.First National Bank, Ridgway, 111First National Bank, Secor, 111Citizens & Security National Bank, St. James,
Minn.Nokomis National Bank, Nokomis, 111First National Bank, North Bend, NebrFirst National Bank, Lumberton, MissFirst National Bank, Hunts ville, TennCitizens National Bank, Irwin, Pa.1Union National Bank, Fremont, NebrAshland National Bank, Ashland, WisNorthern National Bank, Ashland, WisBozeman Waters National Bank, Poseyville,
Ind.iFirst National Bank, Pitsburg, Ohio J
First National Bank, Sioux Rapids, Iowa *Sunrise National Bank & Trust Co., Baldwin,
N. Y.First National Bank, Oceanside, CalifFirst National Bank, Carlsbad, CalifFirst National Bank, Le Sueur, MinnCitizens National Bank, New Brunswick, N. J.McDaniel National Bank, Springfield, Mo.1Fort Collins National Bank, Fort Collins, Colo.First National Bank, Avon-by-the-Sea, N. J.L..Commercial National Bank, Washington, D. C.Marlin-Citizens National Bank, Marlin, Tex.2..Smith National Bank, St. Edward, NebrFirst National Bank, Rockport, IndLiberty National Bank, Pawhuska, Okla.1National Exchange Bank, Chester, S. C.sFirst National Bank, The Dalles, OregFirst National Bank, Hampstead, Md.sContinental National Bank, Indianapolis, Ind.1.Broad Street National Bank, Red Bank, N. J.7.Cherokee National Bank, St. Louis, Mo.7American National Bank, Rush ville, Ind.6Central National Bank, Oakland, Calif.7Guardian National Bank of Commerce, Detroit,
Mich.7First National Bank, Detroit, Mich.7First National Bank, Kitzmillerville, Md.7First National Bank, Massillon, Ohio 7
Citizens National Bank, Greeneville, Tenn.7First National Bank, Silverton, Tex.7Citizens National Bank, Frostburg, Md.7Citizens National Bank, Appleton, Wis.1
Dollars25,000 Jan. 30, 1933
300,000.
25,000300,00050,00050,000100,000100,000
100,00050,000
...doan. 31,1933
Feb. 1,1933Feb. 2,1933...do__.do
...do-—
...do
100,000 Feb. 4,1933
.—doFeb. 6,1933
do.—
25,00025,00080,000
75,000 Feb. 9,193350,000 do-50,00025,000
.do
.do100, 000 Feb. 10,1933
i, 000 Feb. 13,1933.do ...do.do
150,100,000100,00050,000
25,00050,000100,000 Feb. 14,1933
.do--do .
Feb. 15,1933.do—.
000 Mar.
000 Mar.
100,00025,00025,000250,000300,100,00050,000
1,000,000200,50,00035,000100,000100, ""200,00050,000400,000 Apr. 8 ,1933150,000 Apr. 15,1933200,000 Apr. 22,1933100, 000 Apr. 25,1933
1,200,000 M a y 8,193310,000,000 M a y 11,1933
25,000,000-...do25,000 May 19,1933
300,000 May 23,193375,000 June 3,193330,000 June 5,193350,000 June 8,1933
250,000 June 23,1933
doFeb. 16,1933
000 Feb. 17,1933Feb. 23,1933Feb. 27,1933Feb. 28,1933
1,1933Mar. 3,1933-..doMar. 8,1933
9,1933Mar. 10,1933
do
Dollars68, 877826,074
123, 2041, 323, 521
33,614203, 40223,12877,011
119, 46358, 269
55, 706
26, 53668,00180, 660
85, 59667, 64356, 01731, 47218, 612
201, 325445, 959150,9293,507
6591,591
64, 509
349,17061,697112, 509285,929208,19492,117
686, 289, 537
Dollars83,144
6, 738, 729
140,8551, 549, 590257,924190, 52543,056398, 301
237, 61457, 366
388,241
80,444105, 527388, 737
819,010156, 425372,17050,136153, 704566, 414
1, 379,9461,057,805
83, 693
34,941"47,245448, 664
290,54642,868246,812
1,090, 383791, 758250,417
7,458,557
75,651129,4351,222
242,0161,079,435282,639
225,344129.97614,817
386,7031,136,142628.977
1, 293,844
393,01510, 433, 90482,115, 205
137, 732,97247,397969, 373662,59184,400744,80138,318
1, 026,672653,923263,866
7, 627, 63740, 431,143
236, 244,432177,173
2, 281,702648,659143,597637,030437,135
Footnotes at end of table, pp. 448 and 449.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 403
1984, dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 31,
Bookvalue ofassets atdate offailure,
estimatedworthless
Dollars35,2,00
5,416,726
34,405359,910
57,8456,357
112, 72945,660
81, 449
6,3857,965
52,896
10, 2202,00334,91714, 53399, 62147,80828,15998, 79814,994
8,45119, 494
136, 573
40,09821, 26621,064
460,657259, 5859,215
1,006, 784
Addi-tionalassets
receivedsince dateof failure
Dollars4,505
1,169,456
12,31894,2754,93740,017
53018, 216
84, 56926, 526
20,081
5,4567,06312,626
19,3731,583
35, 58622,10710, 738129, 52261, 244108, 5442,072
1001,46314,390
29,071
4^35166,847215, 43,25, 893
175, 420
Totalassess-mentuponshare-holders
Dollars25,000
300,000
25,000300,00050,00050,000100,000100,000
100,00050,000
100,000
25,00025,00080,000
75,00050,00050,00025,000100,000150,000100,000100,00050,000
25,00050,000100,000
100,00025,00025,000250,000300,000100,00050,000
1, 000,000
Total assetsand stock
assessment
Dollars216, 726
14,450,985
335,78:3,627, 296380,073483, 944224, 559599,885
654, 375237,821
645,477
143,821213,556614,919
1,009,199277, 654548,690143, 248382, 675
1,095,0692,015, 3081, 516,076154, 266
69,151119, 793764,136
152, 283409, 736
2,153,8161, 774, 972477, 64"50,068
15, 930, 298
Progress of liquidation to date of this report
Cash col-lections
from assets
Dollars107, 623
2, 361, 979
2,042, 766145, 815232, 396
19, 539176, 886
154,02187, 727
133,738
44, 22334,159
180,099
141,678123, 813139, 310
30, 6246,931
301, 313792, 293434, 703
10,133
1,1793,795
147, 550
281,83162. 829
225, 543479,131
51,996179, 612
8, 035,842
Cash col-lections
fromstockassess-ment
Receiver-ship earn-ings, cash
collec-tions frominterest,premi-
ums, rent,etc.
Dollan808
63,104
19, 964259,07032,10619,01571,60019, 458
17,1565,947
27, 561
19,4194,80421,149
40, 32017,8009,5245,548
48, 41496, 92546,11550,0006,250
18, 2289,95715,339
13,4726, 57f6,55463,826109,493
28, 20824, 573
218, 338
Dollan6,112
135,193
2,604114, 632
10, 20210,0192,245
14, 376
12,4556,406
15,14:
2,3202,192
15,994
14,73810, 93920,115
70610, 32822,11261, 23838, 286
810
20118
5, 67'
12, 5211,326
11, 20643,16823, 37811, 516
16S328,686
UnpaidbalanceR. F. C.
loan
Dollar,5,500
26,100
58, 900
31, 900
27, 500
33, 700114, 900
40, 400
39, 9009,000
19,000
56, 600
291, 700
1,268,000
Offsetsallowed
andsettled
Dollars3,713
394, 245
4,672142. 779
6,72310, 749
23, 388
9,4242,049
12, 581
3,0104,467
25, 300
20,4205,53438,00114,107
36, 59255, 99441,
33, 805
9,0033,83810, 64263, 753
10,076
558, 24i
22522253
225422552256225722582259
22602261
2262
22642265
226622672268226922702271227222732274
227522762277
227822792280228122822283228422852286228722882289229022912292229322942295229622972298
2299230023012302230323042305
84, 84235, 49939,872111, 408275,575•21,8403,900
393, 276240,85476, 592
4,798,9478, 586,461
94,637,80435, 571142,29498,42134,847176,425202,551
50,00035,000100,000100,000200,00050,000120,000150,000200,000100,000200,000
10,020; 203 10,000,000
10,934,053 25,000,000
38, 21025,97855,44420, 988280,35312, 3942,513
93, 41327, 31148,135200,777 1,2
4,20677,481
11,101181,00620,676
25,000300,00075,00030,00050,000
250,000
474,047355,888211, 355861,115
2,971, 50r995,850126, 413
2, 957, 2051,815, 786881,608
24, 261, 265151,153,012
504,549, 261289, 347
3, 770,8501, 520, 357303,945
1, 789,262948,680
114,880161, 6142,062
309, 221972,168438, 665
992,050746, 551334,092
13, 822,13361,429, 364
172,477,71784, 746
2,131,878781,43780,025779,153208, 595
13219, 75611, 72075, 067102, 25638,88492, 76575, 98473,81430, 287759,135
1, 244,810
4,226,4699,383
55, 72533,3793,750
28, 385188,487
6.12910, lOi
23,600 18, 43314, 262
6,721143, 805
32, 444136, 700
49, 900
74,80245, 89.r
14, 93,340,178
2, 577, 365 13, 200,000
182, 000222,000
2,200
12,15862, 51644, 632
6,413126, 395
51, 56543, 251
2, 207, 8907, 260, 826
\, 985, 232 42, 978, 235 214,786
48, 77214, 2613,886
36,68020,247
181, 00018,400
, 711,0793,403
124,38870, 413
93344, 382
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
404 REPOKT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. 31,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and1934—Continued
Progress of liquidation to date of this report—Continued Disposition of proceeds of liquidation
Total col-lectionsfrom allsources,
includingoffsets al-lowed and
unpaidbalanceR. F. C.
loan
Loss onassets com-poundedor soldunder
order ofcourt
Book valueof remain-ing uncol-
lectedassets
Bookvalue ofremain-ing un-
collectedstock as-sessment
Conservators'distributions
Bookvalue ofassets
returnedto share-holders'agents
To se-cured
creditors
To un-securedcreditors
Dividends paidby receivers
On se-curedclaims
On un-securedclaims
22522253
225422552256225722582259
22602261
2262
226322642265
226622672268226922702271227222732274
227522762277
227822792280228122822283228422852286228722882289229022912292229322942295229622972298
2299230023012302230323042305
Dollar}123, 756
2,954, 521
138,2772, 559, 247194,846272,17993, 384293,008
224,956102,129
216, 522
68,97279, 322357,442
217,156158,086247, 35050,98565, 673496,842964,640583,02417,193
19, 60813,770
202, 371
373, 42774, 568253,94;941, 578184,867229,41224, 736
10,409, 111
Dollar4,680
342,266
5243,79629,47316,860
56,960
5,2981,663
36,063
2,67719
31,483
2,35320,64431, 76821,306
Dollars75,710
11, 052,495
221,168897,955148,062173,939105, 020242, 651
385, 6326382
11,178106, 63371,8217,367
1,99965,9987,782
39,8033,90342, 34236,854
46918,421
363,095
68,911149,911298,037
769,74877, 663289, 61152, 211275,744595, 986960,388868,51786, 766
40,973
743,852
474, 999
378,24856,713106, 209
1,324, 0781,422, 507169, 533
685, 592,359
Dollars24,192236,896
5,03640, 93017,89430,98528,40080, 542
82,84444,053
72,439
5,58120,19658,851
34,68032, 20040,47619,45251, 58653, 07553,88550,00043, 750
6,77240,04384, 661
86, 52818,42518,446186,174190, 50771,79225,427781, 662
Dollars Dollars Dollars Dollars Dollars45,297
4,150
4,49475,538
75,3622,069,592
151, 78799,891
10,112
16, 047
19,901
24, 288
30, 66016, 034
84,651
81,68150,803
27,657
37, 75913, 57071,121
20, 77777,98347, 75914,980
145229,131
9 361, 8389 163,927
11,6509,212
7,535 53,83024,330
98,150106,460
77,31918, 920
2, 786,855
163,174205, 73713, 782403,167
1,417,445604, 52599,178
1,451, 2311,139,822424, 765
17,129,33685, 712, 365
250,378,732102,318
2, 360,763], 080,490106,994888,600417,329
8,47251, 038
29422, 21899,442213, 599
282, 26293,974108999,417, 518
1,637,379248, 954
272, 74827,83617, 236
630, 3331,141,691
2,791,94221,709204, 5009,613
988,81377,376
1,416, 012789, 834387, 029
6,400,90971,321,131
282, 568, 523154,489
1,010,084583,894192,978826,914412, 709
49,86815, 24488, 28024, 93397, 74411,11627, 23574,016126,18669, 713440,865
8, 755,190
20, 773,53115, 617
244,27541,62126, 25021,61561, 513
19, 7935,145
10,80049,174
25,86443,0773,745
66, 56329.1,683461,350
9 3,572,220 9 9, 696, 843* 8,675,646
8 31,577,087
547, 223518, 256242,128
»97,616 « 849,943
21,979916, 500
54,192,039
136,796,33172,291
"~264,~20421,193
9 415,140
Footnotes at end of table, pp. 448 and 449.,
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 405193'4, dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 31,
Disposition of proceeds of liquidation—Continued
Securedand pre-
ferredliabili-
ties paidexcept
throughdivi-
dends, in-cludingoffsets
allowed
Dollars67,948
2,327,841
43,276274, 342
16,793127, 724
158170, 040
111, 64039, 625
143, 727
13, 55154,998
249, 525
143, 67346, 756
146, 76120, 992
5,802226, 227487, 514361,028
10,907
2,389157, 572
293, 32739, 724
211,661767,996
51,850133,171
7, 392,452
122, 566120,969
1,222251,351964,886120,76610,000
805,331550,753158,419
2, 214, 70720,003,683
70,435,45914,960
837,497819,175
55, 266338,257212, 756
Cash ad-vancedin pro-tection
of assets
Dollars32
86,126
1,897210
1,302
7,052
421850
3,790
4027162
9114
2,14822
3,1581,145
3661,779
334
424
1641,480
20,01855
16,674
-- -
8672
29,90398
4,95611,938
135427, 622233,601
6,541,1423,182
25,6388f668
3531,4653,316
Conser-vators'
ex-penses
Dollars
3,0243,937
42,824194,445
423,691326
41,3506,4031,3724,591
Receiv-ers' sal-aries,
legal andother
expenses
Dollars8,819
93,246
9,95359,56712, 3339,8913,872
14,002
12,5065,884
18, 305
6,4627,411
12, 366
14,4138,915
13, 6904,6797,855
13,31129,14225,162
111
6452,169
13, 614
14,9025,1859,599
29, 7553,172
10,9271,678
114,354
9,71612,6832,880
16,84147,92714,050
31163,16140,18613, 51293,802
1, 045, 320
3,371,8165,658
16,82825,4575,219
23,42216,694
Cash inhands
of comp-trollerand re-ceivers
Dollars1,660
447,308
3,639155,536
12, 63130,17913,81617, 263
8,5964,967
6,996
10,7983,2724,467
37,38224,42812, 70410,31218,05310,99485, 78031,1285,509
7,413
30,851
3,4095,329
32, 52135,88711, 6777,9404,138
98, 776
5,0289,099
78256,94033,8728,261
88,86727,53614, 75210. 571
1,081,3181,367,631
1,233, 2065,901
491,89116,5831,612
89,225184, 563
Amountreturnedto share-holdersin cash
Dollars
Amountof claimsproved
Dollars90,594
8,855,784
219,0562, 508,855
216,898187, 29586,018
196, 311
240,20672,575
278,829
68,98790,848
260,730
214,800125,980220, 79749,934
485354, 378
1, 206,126819,636
67, 723
21,00048,807
193, 741
268,37760,960
142,102743,142981,958103,09386,000
5, 572,833
172,425156,68322, 223
353,4821,169, 234
709, 770123,515
1, 595,1871,151,566
408,87713,850,89092, 664,693
415,955,803192,777
1,280,155463,027167,267
1,054,327
Divi-dends(per-cent)
50
388 82.5
7053. 33338843. 3333
3470
15
551535
126220303065
»309 20
5518.24
2040
1510752250
153540192565
354560
97O«68
8 5037.5
9 604526
9 40
Interestdivi-dends(per-cent)
Date finallyclosed or
restored tosolvency
Oct . 31,1934
A p r . 23,1934
22522253
225422552256225722582259
22602261
2262
226322642265
226622672268226922702271227222732274
2275
me,2277
22782279?,?S02281228222832284m1)228622872?8822899,7,9022912292??9322942295?,?m22972298
2299230023012302230323042305
103093—35- -27
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
406 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. SI,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and1984—Continued
Name and location of banksCapitalstock atdate offailure
Date re-ceiver ap-pointed
Book valueof assets
at date offailure,
estimatedgood
Book valueof assets
at date offailure,
estimateddoubtful
23062307
2308
230923102311
23122313231423152316231723182319232023212322232323242325
23262327
2328
2329233023312332233323342335233623372338233923402341234223432344
23452346234723482349235023512352235323542355
2356
23572358
Citizens National Bank, Richmond, Ky.5Britton & Koontz National Bank, Natchez,
Miss.7National Loan & Exchange Bank, Columbia,
S. C."First National Bank, Claxton, Ga.2 7
City National Bank, Huntington Park, Calif.7.First National Trust & Savings Bank, Chico,
Calif.7First National Bank, Garden City, Kans.7First National Bank, Franklin, N. Y.7Pelham National Bank, Pelham, N. Y.7Douglaston National Bank, New York, N. Y.7.First National Bank in Lott, Tex.7First National Bank, Augusta, Kans.7First National Bank, Kingfisher, Okla.6Farmers National Bank, Henderson, Iowa 7
First National Bank, Farnhamville, Iowa 7
First National Bank, Ripley, Tenn.1First National Bank, Rialto, Calif.7Athol National Bank, Athol, Mass.7First National Bank, Everly, Iowa 7
Brasher Falls National Bank, Brasher Falls,N. Y.7
Millers River National Bank, Athol, Mass.7Mount Holly National Bank, Mount Holly,
N. J.7Larchmont National Bank & Trust Co., Larch-
mont, N. Y,7Central National Bank, Spartanburg, S. C.7___Peoples National Bank, Delta, Pa.27
First National Bank, Burnside, Ky.7First National Bank, Jefferson City, Mo.'Ansted National Bank, Ansted, W. Va.7First National Bank, Ansonia, Ohio 7
Millersville National Bank, Millersville, Pa.7..Citizens National Bank, Mulberry, Ind.7First National Bank, Hoopeston, 111.7First National Bank, Albany, Oreg.7First National Bank, Clintonville, Wis.7First National bank, Mebane, N. C.7First National Bank, Oakley, Kans.7Rockland National Bank, Rockland, Maine 7__Trinidad National Bank, Trinidad, Colo.*7
Montezuma Valley National Bank, Cortez,Colo.7
First National Bank, Gig Harbor, Wash.7South Side National Bank, St. Louis, Mo.7First National Bank, Eutaw, Ala.7First National Bank, Verona, Pa.?Citizens National Bank, Monticello, Ky.7First National Bank, Dunkirk, Ohio 7
Peoples National Bank, Seymour, Mo.7First National Bank, Ellis, Kans.7First National Bank, Oberlin, La.7First National Bank, Fairmont, N. C.7Maple Shade National Bank, Maple Shade,
N. J.7Union & Peoples National Bank, Jackson,
Mich.?First National Bank, Haverhill, Mass.7...Essex National Bank, Haverhill, Mass.7 _
Dollars100,000 June 26,1933100,000 July 1,1933
500,000 July 5,1933
Dollars133,312
1,022, 253
1,869,718
Dollars424,238844, 054
1,181, 464
50,000125,000 July
July 11,1933, " " \ 13,1933
150,000 July 18,1933
50,00050,000200,000100,000
July 21,1933ddo
, . . ) — - do25,000 July 25,1933
uly 27,1933do
75,25,000
000 Ji
25,000 July 28,193340,000-_.-do.__25,00075,000100,00025,00025,000
150,000100,000
200,000
doAug. 2,1933Aug. 3,1933
dodo
387, 5021,547,169
159, 585353,124386,83689, 23758, 771516,135113,34575, 61078, 794
Aug. 4,1933d
Aug. 5,1933
400,000 Aug. 8,193350,00025,000200,00035,000 Aug.25,00025,000
do_
322,965504,994114, 286172, 759
435,852276,154
775, 271
1,696,929
doAug. 10,1933" i. 15,1933
do
49,896
do. . . .do
do
.do.
50,000100,000125,000 Aug. 16,1933100,00050,00040,000150,000100,00030,000
doAug. 18,1931
dodo
147,43666, 614
252,901175, 207637, 746343, 218243, 240
24, 55039,936
1,937,089
Aug. 18,193:
25,000600,000100,000200,00025,00050,00025,00050,00025,00040,00050,000
700,000
200,000100,000
do.Aug. 19,1933Aug. 23,1933
do..do.._do-.do.._do.._do...do.._do_.
Aug. 24,1932
Aug. 29,1933do
190, 740
79, 2041,934, 486231, 451
1, 340,16993, 837115, 70147, 75074, 46867, 796127, 46867, 241
4, 206, 515
851, 2701, 427,995
364,660897,484
431, 531197, 582
2, 028,142179,96560,101221,31877,14356, 31395, 013
380, 3871, 336, 772173, 068133,928
1,189, 403250, 543
1, 210,101
1,917,490
74,10657,384129,88436,888217,39874, 579145,132499,561
1,089, 208173,914163,832
2,831,174
223,452
4, 652, 43'305, 326863, 95C64, 569172, 836115, 550118, 30278, 07374, 578131, 993
5, 711,010
1, 398, 0611,194, 572
Footnotes at end of table, pp. 448 and 449.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OP THE COMPTROLLER OF THE CURRENCY 4071934, dates of appointment of receivers and final closing, ivith nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 31,
Bookvalue ofassets atdate offailure,
estimatedworthless
Dollars127, 781353,090
680,824
173,888277, 891
39,92591, 765
402, 317106, 75429,86823,8985,3916,690
53, 345
48, 53436,3964,532
14,436
8,81286, 717
900,101
526,154
1,07058,09023,0562,740
97,435821
127, 04285,313
444, 7268,074
10,01618,445
7,869
15,002129,308
5,735231, 53831,82524,9478,894
24, 45743,19249, 05032,132
806, 550
9,91583, 349
Addi-tionalassets
receivedsince dateof failure
Dollars239,07457,835
163,898
8,310149, 373
2,5226,6933,602
12, 703154,532
23, 75415,67447,98024, 321
38, 24657,00826, 2415,520
76359, 554
14,445
352, 779
28
4,0471,865
11,94211,48923, 972
154, 28451, 3854,299
36, 6103,280
37, 250
36423, 55111,99283, 751
1624,9817,831
38, 87810,802
3787,636
994,045
22,882198, 757
Totalassess-mentuponshare-holders
Dollars100,000100,000
500,000
125,000150,000
50,00050,000
200,000100,00025,00075,00025,00025,00040,000
75,000100,00025,00025,000
150,000100,000
200,000
400,000
25,000200,00035,00025,00025,00050,000
100,000125, 000100,00050,00040,000
150,000
30,000
25,000600,000100,000
25,00050,00025,00050,00025,00040,00050,000
700,000
200,00100,000
Total assetsand stockassessment
Dollars1,024,4052,377,232
4, 395,904
1,059, 3603,021, 917
683, 563699,164
3,020,897488, 659328, 272860,105236, 553211, 593291,473
865,1322,035,170
343,127351, 643
1,784,830772,968
3,099,918
4, 893,352
150,100315,474339,423133,107604,676312,096
1,033,8921, 207,3761,928, 559
260, 837290, 394
4,939,988
489,311
218,0547,339, 782
654,5042, 519,408
215,393368,465205,025306,105224,863291,474289,002
12,418,120
2,482,1283, 004,673
Progress of liquidation to date of this report
Cash col-lections
from assets
Dollars255,896857, 329
1, 536,838
438, 2671,622,856
314,462365, 287
1,333,341152,91090, 532
362,782133,48782,640
128,643
97,886727,448104,929186,741
788,611205,468
909, 255
1,814,085
57,13238,259
106,42067,323
179,360111, 624392,135333, 654626, 781
52, 55661, 803
2, 748,614
213,312
92,9163,913,644
209, 271367,831
83, 52280,15135,92482,12232,096
136,99859,157
3,691,197
1,603,1481,891,215
Cash col-lections
fromstockassess-ment
Dollars69,60041,300
170,687
15,356117,402
3,60031,957
107,02921,82820, 2595,8008,994
13, 22510,811
12,76574,0243,775
16,950
124, 67574,901
97,612
119, 546
16,15084,650
1,60013,6726,075
26,19526,4009,700
77,38510,957
4427, 660
1,000
3,100305,177
14,822
14,1236,7469,3091,2546,106
11, 60219, 730
9,230
139,17556,700
Receiver-ship earn-ings, cash
collec-tions frominterest,premi-
ums, rent,etc.
Dollars8,921
65,036
105,897
29,66664,861
9,79925, 27456,4829,4895,590
18,2934,3344,3417,778
1,79665,8575,7246,588
64,12315, 210
52,103
77, 707
3,201
4,8821,9659,6665,374
24,13026,69547,7134,1604,217
128,391
9,435
8,066190,85612,51648,9212,0835,7201,7584,8582,8823,1644,875
179,955
49,81861,113
UnpaidbalanceR. F. C.
loan
Dollars
132,300
280,600
56,900195, 400
27,700
178,700
15,600
133,00029,70020,900
182,000
573,700
82,004
41,30030, 600
2,60027,000
354, 300
54,900
8,900
28,6006,300
25,0005,000
1, 507,440
Offsetsallowed
andsettled
Dollars3,904
77,445
216, 636
25,97072,824
20,91730,93647, 5139,842
19,02324,82210,9762,6894,271
35654, 72316,84127,844
50, 5398,746
68, 769
473,370
5,589
6,0559,141
10, 46812,80238,06936, 58245, 6303,0504,492
126,768
18,133
2,029122,499
15, 62658, 5625,2217,1881,3124,8415,9422,1722,366
528,809
68,313104,828
23062307
2308
230923102311
23122313231423152316231723182319232023212322232323242325
23262327
2328
2329233023312332233323342335233623372338233923402341234223432344
23452346234723482349235023512352235323542355
2356
23572358
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
408 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. 81,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and1984—Continued
23062307
2308
230923102311
231?2313231423152316231723182319mn23212322232323242325
23262327
2328
2329233023312332233323342335233623372338233923402341234223432344
23452346234723482349235023512352235323542355
2356
23572358
Progress of liquidation to date of this report—Continued
Total col-lectionsfrom allsources,
includingoffsets al-lowed and
unpaidbalanceR. F. C.
loan
Dollars338,321
1,173,410
2,310, 658
566,1592,073,343
376,478453,454
1, 723, 065194, 069135,404427,297157,791102, 895151, 503
112, 8031, 055, 052
160,969259,023
1, 209,948304,325
1,701, 439
2, 566, 712
82,072122,909118,95792,101
205, 569155,995522,034437, 231797, 50973,32397, 556
3,385, 733
296,780
106, 1114,532,176
261,135475, 314104,949128,40554, 603
118,07552,026
153,93686,128
5,916,63
1,860,4542,113,85
Loss onssets com-poundedor soldunder
order ofcourt
Dollars18,74485,684
13,922
6,684186,742
76,85735,127
235, 27450,8676,254
49,2422723
1,901167,070
22, 7305,554
166,9138,748
33,392
63,341
6,89277, 21541, 541
2,74539,663
3,7981,6375,037
63,477
1,016392,418
3,315636,635
13,119
3,1165,847
863562705
13,456
8,275
114,721152,334
Book valueof remain-ing uncol-
lectedassets
Dollars645,861
1,256,774
2,128,508
463,439989,495
221,327217,814
1,204,769175,040187,463348, 259
67,063101,241118,559
689,989985,929173, 627106, 504
628, 767450,006
1,888,502
2,142, 556
55,487
150,40728,898
350,185133,872502,051707,103
1,092, 671155,231183,083
1, 522,188
227,866
94,7942,067,004
316,4882,093,015
98,534225, 279141,926168, 580161,120112,304164, 023
7,489,839
495,946756,296
Bookvalue ofremain-ing un-
collectedstock as-sessment
Dollars30,40058,700
329,313
109,64432,598
46,40018,04392,97178,1724,741
69,20016,00611,77529,189
62,23525,97621, 2258,050
25,32525,099
102,388
280,454
8,850115,35033,40011,32818,92523,80573,600
115,30022,61539,04339,956
122,340
29,000
21,900294,82385,178
10,87743,25415,6948,74618,89428,39830,270
690,770
60,82543,30C
Bookvalue ofassets
returned:o share-holders'agents
Dollars
Disposition of proceeds of liquidation
Conservators'distributions
To se-cured
creditors
Dollars
62,563
» 276,960
» 54,155
»670, 255
»251,483
To un-securedcreditors
Dollars
145,440
»872,862
9 269,623
9 2,092,818
9 2,139,247
9 1,015,443
Dividends paidby receivers
On se-curedclaims
Dollars
30,417
9,758
15,229
8,131
9 11,513
4,395
37,04279, 579
2,700
8,5001,215
2,771
17,521
4,023
12,058
9 97,987
On un-securedclaims
Dollars194,809386,689
537,007
26,583366,587
68,332154,821105,17972,133
87,89537,38841,71252,674
8 661,301110,60643,409
560,150
. 194,221
468,696
106
44,194
105,810240,295
62,0589 258,411
7,81715,334
962,311
45,669
9 3,459,19646,617
63,27828,7677,857
51,84314,825
91,398,352
Footnotes at end of table, pp. 448 and 449.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 409
193A, dates of appointment of receivers and final dosing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 81,
Disposition of proceeds of liquidation—Continued
Securedand pre-
ferredliabili-
ties paidexcept
throughdivi-
dends, in-cludingoffsets
allowed
Dollars59,539
664,133
1,433, 530
491,811481,045
270,869235, 383
1, 506, 60695,53469,872
307,16983,60839,29069,480
66, 771329,322
35,825195, 218
306, 603178,153
1, 287, 642
2,005,074
15,75038,80962,90828,241
185,17824,769
226,154322, 626337,365
43,51467,904
161,720
218,767
81,402571,180162,852374, 295
12, 22988,90631,83551,70015,310
135,64356,729
2,488,029
88,337115,446
Cash ad-vancedin pro-tectionof assets
Dollars164
29,278
15,690
20,434
1,490560
7,0288
3282,449
8997
135
2,108742
61329
222,197
16, 794
7,455
141126
2,2184,4009,0681,875
243554
1,410
10, 256
51, 2364,9481,936
23262
1,975
29
1,009
154,513
996234
Conser-vators'
ex-penses
Dollars
11,019
21, 760
5,92313, 627
4,6796,3349,6595,0961,5394,302
9992,108
1157,7102,3283,523
8,5936,051
21,817
1,527
2,0762,0673,0681,4726,8123,1659,9302,0051,357
17,601
3,388
1,43924, 5265,613
13,9722,3232,1162,5592,8071,7881,8522,528
84,119
13, 681
Receiv-ers' sal-aries,
egal andother
expenses
Dollars15,09017,640
62,934
14,04422, 221
10, 75312,53842, 57412,38811,63812, 5557,0803,5455,752
11, 78826,076
4,4138,187
38, 34714,932
67, 948
42,837
4,755809
4,8973,8898,1815,170
12,73620,29720,699
5,6915,550
19,849
7,051
4,53663,0579,402
29, 2574,6535,0224,4306,7214,9785,6165,671
173,411
33,57716,801
Cash inhands
of comp-trollerand re-ceivers
Dollars68,71934,234
31, 734
18,04019,607
5,12643,81843,888
8,91052,02712,92729,62617,25221,354
32,02118,3887,7363,962
26,610102,992
134,834
20,833
22,9883,706
48 93513,6989,136
16, 55631,63717,317
169, 2295.5535,642
75,869
8,878
18, 734362,981
14,18255,85422,4433,3321,9245,0043,038
10,82520,191
207,057
470, 618471,355
Amountreturnedto share-holdersin cash
Dollars
Amountof claimsproved
Dollars487, 022
1, 386,948
1, 507, 556
367,0641, 747, 858
334,875308,180
1,088,688171, 525
354,149148, 42855,854
105, 437
1,321, 583197,805163,346
1,106, 341266,385
1, 276,328
1, 561, 544
82,34310
74, 21752,002
320, 238163,068480, 444446, 506
1,170,801130, 84982,747
4,185,019
134, 658
57, 3484,901,089
267, 2421,765, 344
140, 766143,833119, SS2115, 210136, 06231,660
108,103
6,096,127
1, 813,7772,153, 522
Divi-dends(per-cent)
4030
45
108 71
25501143.5
25307550
8 505630
8 75
15
30
4560
85
655015
»2512.520
8 73
35
9 7024
. . . .
20104520
»35
9 659 65
Interestdivi-dends(per-cent)
Date finallyclosed or
restored tosolvency
Aug. 6,1934
N o v . 24,1933
J u n e 22,1934
M a y 18,1934
23062307
2308
?30923102311
23122313231423152316231723182319232023212322232323242325
23262327
2328
23292330233123322333233423352336233723382339234023412342?,3432344
23452346234723482349235023512352235323542355
2356
23572358
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
410 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. 31,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together ivith the disposition of such collections, and1934— Continued
Name and location of banksCapitalstock atdate offailure
Date re-ceiver ap-pointed
Book valueof assets
at date offailure,
estimatedgood
Book valueof assets
at date offailure,
estimateddoubtful
23592360236123622363236423652366236723682369
23702371237223732374237523762377237823792380238123822383
23342385238623872388238923902391239223932394239523962397
2398239924002401240224032404240524062407240824092410241124122413
24142415
First National Bank, Lebanon, Ind.7
First National Bank, Louisa, Va.7
First National Bank, Lorimor, Iowa 7
First National Bank, Clearfield, Iowa 7
National Bank of Commerce, Amarillo, Tex. i . . .Prairie Depot National Bank, Freeport, Ohio L.Cedar Grove National Bank, Cedar Grove, Ind.7.First National Bank, Peru, Ind.7
First National Bank, Clay Center, Kans.7
Merchants National Bank, Clinton, Iowa l
First National Bank & Trust Co., Baraboo,Wis.7
First National Bank, Stockport, Ohio 27
First National Bank, Waynoka, Okla.7
First National Bank, Thief River Falls, Minn.7..First National Bank, Utica, Nebr.27
First National Bank, Adams, Nebr.7
First National Bank, Carnegie, Okla.27
First National Bank, La Veta, Colo.2 7
First National Bank, Hicksville, Ohio 7
First National Bank, Elmore, Ohio 7
Exchange National Bank, Marietta, P a . 2 'First National Bank, Kansas, Ohio 7
First National Bank at Pontiac, Mich.7
First National Bank, Hart, Mich.7
Tri-County National Bank, Oliver Springs,Tenn.7
Midway National Bank, Midway, Pa.7
First National Bank, Fleming, Ky.7
First National Bank, Newfield, N. J.* ^First National Bank, Midland Park. N . J.7
First National Bank, Hatton, N . Dak.iFirst National Bank, Oakland, Nebr.7
First National Bank, Newell, Iowa 7 . . .Kosse National Bank, Kosse, Tex.7
City National Bank & Trust Co., Niles, Mich.7.First National Bank, Dardanelle, Ark.2 7First National Bank, Trenton, N. Y.7
Rubey National Bank, Golden, Colo.7
Westside National Bank, West Paterson, N. J.7.Grand Rapids National Bank, Grand Rapids,
Mich.7
First National Bank, Bruin, Pa.7
First National Bank, New Matamoras, Ohio 7 _First National Bank, Beallsville, Ohio 7
First National Bank, Nappanee, Ind.7
Olney National Bank, Hartford, Mich.7
First National Bank, Crescent City, 111.7
First National Bank, Carrier Mills, 111.7
First National Bank, Sidell, HI.7
First National Bank, Odin, 111.7
First National Bank, Ironton, Minn.7
First National Bank, Beason, 111.7
First National Bank, Glenvil, Nebr.7
First National Bank, La Harpe, Kans.7
Newman National Bank, Newman, 111.7
Citizens National Bank, Brazil, Ind.7
Peoples-American National Bank, Princeton,Ind.7
First National Bank, Meadow, Tex.7
Central Park National Bank, Central Park,N . Y.7
Dollars100,000 Aug.75,000 Aug35,000 Sept25,000
150,00025,000
29,193330,19335,1933
do.._do..do
25,000 Sept. 6,1933do
.do100, 000 Sept. 9,1933150,000 Sept. 11,1933
Dollars496,161400,871164, 32965, 420
Dollars303, 562319, 264135, 71776, 363
7,54979, 945
468, 514257,901
729,498
25,00025,000 Sept50, 00030, 00050, 00030,00025,00050, 000 S<37, 50050,00025, 000
500,00075000
do..;. 12,1933do
. . d o — .__do. . d o — .
109, 274163, 862
96, 098
. .dospt. 13,1933
dod o -do..
192,813157, 678
, d o75,000 Sept. 14,19332 5 0 0 0 d o25,000
50,000 Sept25, 00050,00050,00025,000 Sept
;. 15,1933do
- - d o"-..-.. 16,1933
50,000 Sept. 18,1933do.
_do_.-do_
25,00025,000
150,00025,000 Sept. 19,193340,000 Sept. 20,193350,000 Sept. 21,193375,000 Sept. 22,1933
1,000,000 Sept. 25,1933
58,9463, 678, 260
97,02718, 540
81, 23988, 602
" " 186," 3937,002
182,008175,09613, 566
689,928
25,00050,000 Sept,25,00040,00025,000
do;. 26,1933do.dodo.
25,000 Sept. 27,193325,000 . . . . d o25,00025,00025,00040,000 Sept30,000
do.dodo;. 29,1933do
25,000 Sept. 30,193350,000 Oct. 2,1933
do100,000125,000
25,00050,000
— . d o .
— . d o. . . . d o . . . .
245,003556, 54564,991
7,100,401
59,121260,984
62, 370115,319103,16664,03786,11485,08456, 35995,89870, 52289,02174,245
150, 559164,106561, 730
14, 275195,349
12, 67152, 580
796, 817375,27473,020
568, 528
34, 082719,577
157, 790
102, 527295,497
21,9154, 602, 288
392, 70161, 655
225.03356, 353
"~288,~80Q3,427
66, 36694, 48637,907
999, 019
195,637603,461312, 518
7, 284, 698
58,432130,328105, 717178, 885380,00566,97164,00276,29860,791
132,76966,41265,89645,051
139,879453, 282664, 358
38, 736130, 398
Footnotes at end of table, pp. 448 and 449.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 4111934, dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 81,
Bookvalue ofassets atdate offailure,
estimatedworthless
Addi-tional
receivedsince dateof failure
Total
mentuponshare-holders
Total assetsand stock
assessment
Progress of liquidation to date of this report
Cash col-lections
from assets
Cash col-lections
fromstockassess-ment
Receiver-ship earn-ings, cash
collec-tions frominterest,premi-
ums, rent,etc.
UnpaidbalanceR. F. C.
loan
Offsetsallowed
stocksettled
Dollars10,85051,36823,86224,018
Dollars42,92810,08634, 52722,298
21,15417
366, 50969, 63817,83920,196
504,734
65, 21150,402
40025,994
Dollars100,00075,00035,00025,000
150,00025,00025,000
100,00050,000
100,000150, 000
Dollars953, 501856, 589393,435213,099150,00066,424
162, 2761, 797,051
803, 215191, 259
1,494,216
Dollars422, 298364,020102,51357,950
Dollars69,496
7,43121,068
500
Dollars25,28910, 2465,0921, T" '
Dollars
1,7006,900
Dollar,43,68331,9709,2483,662
1,48662,289643,066361,035
225787,655
30021,31553,20031,03348,91112,901
5283,72566,49413, 393
30599,215
7,9007,900
12,64255,96125,889
12,788
23592360236123622363236423652366236723682369
23702371237223732374237523762377237823792380238123822383
23842385238623872388238923902391239223932394239523962397
2398239924002401240224032404240524062407240824092410241124122413
24142415
27, 5965,387
13,91961,975
25,00050,000
209,8711, 000,801
109,251739,786
25912,000
3,15656,871
13,80013,600
4,34612,865
43 12, 587 50,000 316,518 150,147 7,648 7,947 6,577
10,820 1,29417, 246
50,00037, 500
357,454514, 304
98,035113,011
21,80020, 573
11,21516,957
29,200 9,4913,"
1,4428,25727,60824, 267
19,19, 271
40412, 6829,200275
13,5519,400
25,000500,00075,00025,000
50,00025,000
107, 3439, 201,487601,536129, 737
389, 516198,626
27,1093,837,801131,21832,825
115, 592101,386
5,30956,12748, 77121,000
18,6779,974
2,226133,14024,9241,216
7,9585,690
4,700750,87049, 50010,100
25,400
1,193,88922,9013,841
14,5514,363
33, 71014,89059,5105,20026f
2,17:
39,165
28,10053,09110,30827,669
50,00025,00050,00025,00025,000150,000
598,06850,319385,984352,82387,046
1,868,788
214,975
210,15973,13813,932909,815
34, 56210,1678,7584,1507,683
10,87461
12,8412,3911,47346,381
41,300
123,434
18, 771
10,15912,1836, 23167,333
21,88933,21651,728
2,336, 791
2,69116,669
42616,31119,86428,8786,11720,0519,05624,4484,6903,5069,34813, 37932,02142,573
16,19525, 635
78690, 7919,301
465,821
8109,1584,6195,23323,33816,931
18,386
8,55818, 285
29012,01088,69744,49971,41."
40,00050,00075,000
1,000,000
25,00050,00025,00040,00025,00025,00025,00025,00025,00025,00040,000
12,038
25,00050,000100,000125,000
25,00050,000
503,3151,334,013513, 538
18,187,711
146,054467,139198,132355,748551,373201,817191, 217224,819151, 206286,673199,909158,713165, 654442,514793,908
1,465,076
94,206413,420
202,682516,089129,135
7,332,891
53,017162,01895, 63085, 716164,76759,60948,79791,97530,992111, 943
36,54510,39522,410
118,29079, 236141,026335, 257339,489
9,383162,062
14,28136,04416,37314,74010,7444,9754,0004,3998,360250
8,206
5,5747,75968,38153,066
3,3758,335
11,87735,46514,121
325,920
5,3496,9655,5417,85019,8283,1572,8854,9971,6537,5964,3515,7245,1857,99816,65424,525
7810,105
31,600142,5007,100
2,455,000
11,10069,00011,5006,70050,6007,200
2,5009,000
9,100181,900
12,300
20,12146,00656,769836,371
16,2792,43413,94712,0493,8074,10211,4447,0403,0945,2385,3504,78323,34611,34752,870
47612,255
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
412 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. 31,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and1984—Continued
2359236023612362236323642365
23672368
23702371237223732374237523762377237823792380238123822383
23842385238623872388238923902391239223932394239523962397
239924002401240224032404240524062407240824092410241124122413
24142415
Progress of liquidation to date of this report—Continued
Total col-lectionsfrom allsources,
includingoffsets al-lowed and
unpaidbalanceK. F. C.
loan
Dollars560,766413,667139, 62170,996
2,314107,871826,621431, 350
49,441912,559
130,812835,122
172,319
169,741153,627
41,3134,971,827
277,31468,982
182,178121,413
400,48210, 228
241,91791, 86229,319
1,146,963
302,825750,455229, 535
10,950,182
92, 655290,306131,478128,953257,988
78, 74859,784
115,31557,045
122,883107,329129,36494, 778
180,129440,739651,850
13, 312205,057
Loss onassets com-poundedor soldunder
order ofcourt
Dollars14,84934,344
3,2515,025
1,5645,710
24,47532,186
85
332
31,809
7,6614,295
1761,4558,4161,839
35,2306,395
40,852
2,4974,604
40060,376
21, 7181,825
20,855135,049
13, 607
Book valueof remain-ing uncol-
lectedassets
Dollars372,671351,255243,423121,462
38,37456,635
973,549334,105
91,034543,688
71, 271198,118
77,985
192, 267356,412
53, 2484, 608,342
364,00166,232
174,14361,482
193,47025,319
113,169237, 898
41,483681, 264
218,794720,093231, 779
8,883,400
45.5228,355 230.487
26,95620,33919,865
15565
4404,4387,6511,4011,031
93, 66828, 494
18, 265
48,112195,746329, 692113,386112,75396,40088,174
146,19660, 69927,42255,234
227, 111253,636919, 223
59,347170,838
Bookvalue ofremain-ing un-
collectedstock as-sessment
Dollars30,50467,56913,93224,500
150,00024,7003,685
46,80018,96751,089
137,099
24,74138,000
42, 352
28,20016,927
19, 691443,873
26, 2294,000
31,32315,026
15,43814, 83341, 24220, 85017, 317
150,000
3,45539, 60552,590
1,000,000
10,71913,9568,627
25, 26014, 25620,02521,00020, 60116, 64024,75031,794
19,42642, 24131, 61971,934
21,62541, 665
Bookvalue ofassets
returnedto share-holders'agents
Dollars
Disposition of proceeds of liquidation
Conservators'distributions
To se-cured
creditors
Dollars
9 54,969
9 50,795
9 259,993
To un-securedcreditors
Dollars
8161,757
9 1,985,942
9 496,134
9 5,498, 575
20, 351
Dividends paidby receivers
On se-curedclaims
Dollars2,685
9 5,4701,997
23,392
44,213
76
3,062
62,543
1,936
7,512
12, 613
On un-securedclaims
Dollars249,865
9 293,25751.67120,703
80,724167,497
9 396,408
8,02192,245
62,751
14,240
121, 84043,516
117,82557,417
176,853
71,888
125,001164, 73720,736
1,099,076
54,748226,300108,36258,84592, 50135,52517,10346,732
65,97965,32316, 85199, 560
299, 773234,580
19,453
Footnotes at end of table, pp. 448>nd 449.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OP THE CURRENCY 4131984, dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 81,
Disposition of proceeds of liquidation—Continued
Securedand pre-
ferredliabili-
ties paidexcept
throughdivi-
dends, in-cludingoffsets
allowed
Dollars204,32175,64071,32444,525
17,417559,791121, 066
25257,252
113,169718,361
69,400
79,60854,703
10,8222, 236, 295
124,70918, 232
45,97147,911
173,201
145, 11136, 5086,447
208,947
153, 397476, 663176,451
4,017,216
24,13941,65813,92549, 755
135,96434,43428,06547,18116, 24289,43020,75136, 74459,88061,72184,204
370, 555
2,370133,465
Cash ad-vancedin pro-tection
of assets
Dollars1,017
12,394375
11
39151572726
197
221492
183,53420620
20942
374
79236149
1,173
662,457
15927,853
21521
22212452
653131
28411
100167374121
2,369
206,558
Conser-vators'
ex-penses
Dollars8,9595,1326,269
1,14515,5688,201
10, 557
2,2235,812
2,581
3,3812,197
1,34454,8875,6231,018
4,1871,974
4,599
3,232835
1,04917, 231
5,5599,8577,377
90,093
2,6533,962
7903,3654,4112,3592,5503,642
8542,7241,9731,7163,7204,9956,6067,582
1,5354,786
Receiv-ers' sal-aries,
egal andother
expenses
Dollars17,9536,6435,5992,323
6642,646
15, 7148,9591,535
21,889
4,04813, 845
3,192
6,0296,578
1,72567,77710,0073,919
6,5316,088
16,7911,0305,6302,2442,782
15, 021
9,99610,9589,681
66, 961
5,7037,3363,9596,6228,4143,6464,6364,1604,4608,2914,1993,7524,5815,310
14, 50116,427
2,9548,689
Cash inhands
of comp-trollerand re-ceivers
Dollars75,96615,1312,3863,434
1,6115,788
44.08775, 6723,668
226, 256
3,1304,291
97,146
80, 72327,398
10,120392,597
14,9292,277
7,4557,981
28,6649,198
15,97752,03918,89248,464
8,80623,24015,131
150,408
5,41210,8354,4218,208
16,5742,7326,777
13,46935,48922,15414,4161,3789,5798,169
28,02220,337
6,43319,493
Amountreturnedto share-holdersin^cash
Dollars
Amountof claimsproved
Dollars478,075505,601225, 24398,363
26,69484,146
831, 285404,485105,269808, 256
31,896108,523
126, 233
169,590315,118
40,7375,088, 224
307,44550,020
218,19579,196
272,611378
84,661109,604
674,280
258, 514606,081138,240
10, 969,157
64,411306,657114,163177,634332, 71594, 73576,20581,50977,56032,39177,62381,40142,164
181, 259399,022669, 534
14,918220,021
Divi-dends(per-cent)
559 50
2325
9623
9 4042
9 50
2585
20
359 40
4087
5472.5
65
85
9 55
5137.515
85759533. 333328 "37.53065
8510040557835
16.6667
Interestdivi-
dends(per-cent)
5.25
Date finallyclosed or
restored tosolvency
June 5,1934
Apr. 16,1934
M a y 11,1934Aug. 29,1934
Oct. 3,1934
July 31,1934
Oct. 4,1934
23592360236123622363236423652366236723682369
23702371237223732374237523762377237823792380238123822383
23842385238623872388238923902391239223932394239523962397
239823992400240124022403240424052406240724082409241024T124122413
24142415
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
414 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. Sl%total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and1934—Continued
Name and location of banksCapitalstock atdate offailure
Date re-ceiver ap-pointed
Book valueof assets
at date offailure,
estimatedgood
Book valueof assets
at date offailure,
estimateddoubtful
2416
2417
2418241924202421242224232424242524262427242824292430243124322433243424352486243724382439244024412442
24432444
24452446244724482449
24502451
245224532464245524562467
2461246224632464246524662467246824692470
First National Bank & Trust Co., CambridgeCity, Ind.7
First National Bank of Marshall County, at Ply-mouth, Ind.7
First National Bank, Montpelier, Ind.7First National Bank, Boswell, Ind.7First National Bank, Clinton, Ind.7Rosedale National Bank, Rosedale, Ind.7First National Bank, Cayuga, Ind.7
Dollars50,000 Oct. 3,1933
130,000 _do_.
rusi/ x> atiuneu JJEIUA, \say uga, iuu.-
Whiteland National Bank, Whiteland, Ind.7_.-_First National Bank, Wakarusa, Ind.7Lynch National Bank, Lynch, Ky.7Cherokee National Bank, Cherokee, Okla.7First National Bank in Cement, Okla.7Madison National Bank, Tallulah, La.7.-Farmers National Bank, Cherokee, Okla.First National Bank, Kanawha, Iowa 7. -Merchants National Bank, Galena, 111.7..First National Bank, Central City, Colo.:First National Bank, Freeport, 111.7Galena National Bank, Galena, 111.7First National Bank, Mancos, Colo.7First National Bank, Almont, Mich.7_First National Bank, Brighton, Mich.National Bank of Covington, Covington, Ind.2 7_First National Bank, Ridge Farm, 111.7First National Bank, Oxford, Ala.7Fksb National Bank, New Richland, Minn.7-..Kboxville-Citizens National Bank & Trust Co.,
Knoxville, Iowa.7Second National Bank, Bel Air, Md.7Farmers & Merchants National Bank, Bel Air,
Md.7First National Bank, Havensville, Kans.7Citizens National Bank, Romeo, Mich.7Citizens National Bank, Hammond, N. Y.2 7_—First National Bank, Goodhue, Minn.7Mount Ephraim National Bank, Mount Ephra-
im, N. J.7First National Bank, Somers Point, N. J.7Mechanics National Bank & Trust Co., Mill-
ville, N. J.7First National Bank, Plumville, Pa.7First National Bank, Cherry Tree, Pa.7National Bank of Newport, Newport, N. Y.7First National Bank in Avon-by-the-Sea, N. J.7_First National Bank, Birmingham, Mich.7First National Bank, Channing, Tex.7First National Bank, Fosston, Minn.7Harriman National Bank & Trust Co. of the
City of New York, New York, N. Y.7First National Bank, Avoca, Mich.7First National Bank, Waverly, N. Y.7 "National Central Bank, Cherry Valley, N. Y.7_.First National Bank in Salem, Oreg.7.. --.First National Bank, Humboldt, Iowa7
First National Bank, Lake Benton, Minn.iFirst National Bank, Grantsville, Md.7National Bank of Wyoming, 111.7First National Bank, Oak Harbor, Ohio7
Peckville National Bank, Peckville, Pa.7.
50,00025,00060,00025,00025,00025,00025,00050,00030,000 Oct,25,00050,00040, 000 Oct50,000 Oct
100, 000 Oct.25,000
300, 000 Oct100,000
do..
dododododo.do
4,1933dodo
50,00025,00035,00050,00050, 000 Oct25,00025, 000
100,000
60, 000100,000
25, 00050, 00025,00025,00025,000
50,000250,000
5, 193S7,19339,193o
do9,1933
do
Dollars172,115
790,193
183,142150, 02S518, 31265, 65972, 32594,18569, 766167, 076207,01067,448175, 831
Dollars105,019
350, 334
256,04985, 359
894,93792,003
107,75246, 01061,366
164, 700106,684
75, 21792, 623
.do.dodo
78,021127,448136,991
1, 740,15'479, 766155, 13281, 772171, 631
113,962387, 518130,689
1,207,0572,056, 873328, 741116, 32331,174
10,1933.do.dodo
Oct. 11,1933..do—
doOct. 12,1933
do.
18, 69474,82764, 341686, 736
750, 727337,003
58, 499170, 352
60,42959,65885,706943, 5g3
302, 644226, 315
35, 735439,087
Oct. 13,1933..do...
.do.._do_.
J. ou-o. v AHO i i atiuuai ajau.iv, i cut v me, x a.-
Millington National Bank, Millington, Mich.?..
60,000100,00050,00050,000200,00025,00030, 000
2,000,000
25,000100,00050,000200,00050,00025,00025,00050,00050,000150,00025,000
do. . d o —. . d o —
Oct. 14,1933
Oct. 16,1933..do...
Oct. 24,1933..do...dododo
Oct. 25,1933do
94,08472,982
130,15'300, 732
188, 725169,863170,134222, 569
1, 283, 32344,968239, 251
8, 497, 612
95, 271491, 672483, 784826, 764635, 896
dodododo
104,486186,8173Q9,731m, 215
Footnotes at end of table, pp. 448 and 449.
396,846153,555
198,549868,405
257,070779, 627179, 808200, 325
1, 712, 64158,727298,400
14, 864,080
203,443381,070560 %m
37$, 76690J&
78,078
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OP THE CUKBENCY 4151984, dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 81,
Bookvalue ofassets atdate offailure,
estimatedworthless
Dollars21,164
47,491
20,25432,871
6,46225,19713,558
5244,217
14,94232, 522
65876,520
18,56345,883
1,18210, 56059, 54031,25916,4989,343
55,31117,86416,06938,085
30,94877,621
2,82439,353
23, 55610, 873
21, 680125, 218
40,029316, 612118, 292
4,40089, 73716,90841, 073
5,410,493
29,179108, 755
3,06755, 2964,359
20, 71723,140
102,29755,95623,15929,414
Addi-tionalassets
receivedsince dateof failure
Dollars161
132,854
2,07321,12529, 5253,372
34,9676,0915,6841,336
24,5597,352
262
8,3828,600
36, 601152,35861,03430,835
4682,798
18,9721,069
65236,968
16,23917,087
13, 55740, 275
1295,372
14, 61846, 706
108171,32613,188
45234,892
17, 6962,020
1,333,479
8,45117.992
2,41050,12557,049
1625,273
103,9606,699
75,869
Totalassess-mentuponshare-holders
Dollars50,000
130,000
50,00025,00060,00025,00025,000
25,00050,00030,00025,00050,000
50,000100, 00025,000
300,000100,00050,00025,000
50, 00025,00025,000
100, 000
50,000
25,00025, 000
50, 000250,000
60,000100,00050,00050,000
200, 00025,00030,000
25,000100,00050,000
100, 00050,00025,00025,00050,00050,000
25,000
Total assetsand stock
assessment
Dollars348,459
1, 450,872
511,518314,384
1,509, 236211,231253, 602146,810166,036398,057400,775175,670395,237
268, 9286,69,449330,463
3,410,1322, 757,213
595,967240,061214,946
203,406178,418191, 768
1,805, 372
1,100, 558658,026
110,615739,067
539,615267, 782
415,0041,591,061
545,9321,537,428
531,422477,339
3,520,593163,299610,744
30,105,664
361,3441,099,4891,099,4532,054,0061,127,070
54,786403, 205568,968907,657
1,782, 785176,890
Progress of liquidation to date of this report
Cash col-lections
from assets
Dollars152,147
429,619
187,143142,335387,84774,48869,00091,68060,719
102,307161, 61375,432
146,242
108,346312,023130,803
1,655,4241,482, 367
248, 71984, 807
115, 839
28, 39267, 47375, 408
989,391
681, 341285, 248
56,289101, 550
186, 30895, 787
138,830184,010
184,368452,449162,372184, 683744,11947,672
248,14915,502,675
78,262540,471580,086
1,320,621719, 370
16140,004138,234334,816
1,223, 75148,185
Cash col-lections
fromstockassess-ment
Dollars15,000
50,125
9,01213,3753,075
16,204850
19,79711,550
777500
15, 250
10,19938,82318,863
28,8104,504
14,165
16,0929,748
16, 28722, 670
2,044
8,7702,180
15,13748, 218
21, 21240, 789
7,868
9,694436
2,025
57,55918,7883,6426,9001,200
11,20028,13013,031
6,565
Receiver-ship earn-ings, cash
collec-tions frominterest,premi-
ums, rent,etc.
Dollars9,628
20,745
15,7589,586
29,0796,2841,86$2,9334,035
12,01811, 2717,4236,758
12,02213,11610, 79494,90160,42814, 3044,7887,208
3,6985, 3715, 334
36,891
18, 36812, 079
3,43512,188
17,9425,696
6,30420, 802
11, 58320, 724
2,7992,308
44,3822.065
14,169651,966
8,44911,12325,15557,53637,966
6911,2044,307
23,71814,7642,643
UnpaidbalanceR. F . C.
lpan
Dollars35,200
359,000
86,000
1,50032,800
79,70017,000
300
3,500
12,200
21,100
" " 2 2 7 8 0 031, 798
92,40066, 800
4,000148,800
16, 500
45, 200
111, 000
36,800223,077
18,30022,600
3,065,190
39,90034,589
68,259
11,400
Offsetsallowed
andsettled
Dollars9,120
38,340
12,8858,861
16,3918,7225,4596,6064,611
10,31336,629
6,03626,870
9,5129,0235,277
127,00623,5078,047
11,99111,040
3,4339,7146,558
70,218
71,63060,627
6,0676,957
9,11217, 593
38, 76122, 266
10,44618, 521
18610,701
150,7901,995
11,8331, 754,866
5,81043,79418, 34178,97735,833
7,17612,45324,21130,928
3,914
2416
2417
2418241924202421242224232424242524262427242824292430243124322433243424352436243724382439244024412442
24432444
24452446244724482449
24502451
24522453245424552456245724582459
24602461246224632464246524662467246824692470
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
416 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. 81,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and1934—Continued
2416
2417
2418241924202421242224232424242524262427242824292430243124322433243424352436243724382439244024412442
24432444
24452446244724482449
24502451
24522453245424552456245724582459
24602461246224632464246524662467246824692470
Progress of liquidation to date of this report—Continued
Total col-lectionsfrom allsources,
includingoffsets al-lowed and
unpaidbalanceR. F. C.
loan
Dollars221,095
897,829
310,798174,157436,392107,198109,978101,21989,162
215,888227, 29089, 691
195,120
143, 579372,985165,737
1,877, 3311,595,112
287,774115, 751155,187
51,61592, 306
126,3871,150,968
863,739424, 754
69,791271,539
238,632121, 256
244, 232275,296
227,609643,483173, 225234, 492
1,172,06270,468
298, 77620,974, 697
132,421687, 536642,370
1,460, 776800,069
1,285169, 584183,124464, 035
1,269,44372,707
Loss onassets com-poundedor soldunder
order ofcourt
Dollars1,003
12,315
6,368491
84,9179,426
165
6,138
1,0451,8623,450
2,17269,30950,88655, 574
340,4292,670
12,1393,654
3,4153,898
197,945
19,71316
2,20217,048
26, 73527,707
2,2416,360
14,190100,150
5,114
68
12,0881,094,926
28,09885,24054,786
156, 39111,965
43,7472,892
34,45095,31(
Book valueof remain-ing uncol-
lectedassets
Dollars136,189
840,598
255,122137,697960,081
93,595153,97848, 52469, 568
235,437171,48867,340
168,675
98,898179,094118,497
1, 272,128810,910286,531106,12484,413
121, 58172,81680,904
447,818
327,874312,135
46,057563,512
292,460101,695
185,1721,128, 425
276,928866, 308313,750231, 955
2,425, 61688,632
308, 67411, 753,197
224,174329,984396, 240398,017309,902
29, 770187, 278365, 389464,180432,79099, 787
Bookvalue ofremain-ing un-
collectedstock as-sessment
Dollars35,000
79,875
40,98811,62556,9258,796
24,150
5,20338,45029,22324, 50034, 750
39,80161,177
6,137300,000
71,19045,49610,835
33,90815 2528,713
77,330
47,956
16,23022,820
34,863201,782
38,78859, 21142,13250, 000
190. 30624, 56427,975
25,00042,44131, 21296,35843,10023,80013,80021,87036, 969
18, 435
Bookvalue ofassets
returnedto share-holders'agents
Dollars
Disposition of proceeds of liquidation
Conservators'distributions
To se-cured
creditors
Dollars
• 199,051s 116,462
9 4,884
111, 337
8 103, 492
390,998
9 71,009916,376
9 328, 2919 75, 604
9 45, 735
To un-securedcreditors
Dollars
» 255,563
9 1,389,80391,347,200
9 304,934
9 412, 75493, 587
8 408, 630
8,005 093
»465,9939 362, 0669 565,3619 305,838
9 729,092
Dividends paidby receivers
On se-curedclaims
Dollars6,383
1,992
12,32821,195
26, 830
6,393
8,659
4,477
9 47,952
On un-securedclaims
Dollars119,064
532,972
63,40864,656
58,67342,331
9 51,90048,04149,43669,4939,644
62,725
13,58868, 57882, 333
9,23250, 50783.399
317,19993,351
20, 888157, 597
82, 22358,496
71, 060
324,388
40,975
38, 999159,649
41,646
115,974
9 280,951
18,516
Footnotes at end of table, pp. 448 and 449.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 417
1934, dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 31,
Disposition of proceeds of liquidation—Continued
Securedand pre-
ferredliabili-
ties paidexcept
throughdivi-
dends, in-cludingoffsets
allowed
Dollars78,368
309,993
227,53472,694
338,93530, 35655, 38429,10017, 763
140,101116,370
51,328153,501
68, 7289,382
13,846171, 266
25, 591226, 63630,81136,646
24, 23723,13818,830
772, 444
94, 592102,891
40,45764, 220
132, 41936,771
152, 780158, 201
150,031261, 715139,404170, 691570, C96
22, 430108,299
9, 693, 570
75,43444,422
135.928510,119245,272
36,685103, 25081,360
340, 27542, 382
Cash ad-vancedin pro-tection
of assets
Dollars99
363
1,14725
71511229
110146
126395
359479968589
3,658107225
33
2,49970
9661,205
20,117
421
13880
6698,752
9662,6161,713
4073,649
4,2968814
4,716
319292
1,142797
Conser-vators'
ex-penses
Dollars3,730
8,168
6,4333,4637,6002,2783,0381,4851,6074,7855, 6972,0594,789
2,8844,6674,772
23,08810, 3736,5001,1432,912
2,0403.6632,551
12, 738
13, 2438,056
2,2112,706
5,4353,404
4,41313,621
6,2349,8545,0468.216
20,4421,7185, 068
212, 785
3,1442,9928,314
20,4937,440
3,3052,8685,179
12,4911,691
Keceiv-ers' sal-aries,
legal andother
expenses
Dollars7,777
13,300
7,3684,794
13,6555,0714,5652,5294,5415,0966,0723,2819,127
4,7293,7345,866
18, 7287,8316,8214,6043,934
3.0004,6565,2999,956
11,9719,703
3,2769,876
5,837, 6,047
6,32412,908
9,84613, 7579,5149,591
19,1274,7279,192
163, 426
5,60313,4426,5167,7156,606
7555,0786,3958,8098,0293,624
Cash inhands
of comp-trollerand re-ceivers
Dollars5,674
33,033
4,90828,52575,4878,7164,631
16, 20517,10016,32417,3302,058
27,308
4,51399,280
140, 77474,42787,066
3,74110, 50829,137
13, 07310,34213, 80945 942
13,0144,624
2,95910,630
12, 7187,458
9,64289, 686
60,82925,01718, 2952.403
48 5622,594
11,6842,505,176
6,59485 382
113,08228. 783
154, 593530
8,22370, 31938,642
133,0246,491
Amountreturnedto share-holdersin cash
Dollars
Amountof claimsproved
Dollars155,130
726,113
167, 278129, 678507, 907122,005105, 68779,82887,360
123, 569161, 61276,462
162,486
86, 709393,125218,053
2,138,1602,190, 585
347, 557152,442131, 348
26,94491,831
115,832759,478
906, 208279, 336
23,209512,468
331, 271150, 054
142,164692, 308
247,906811, 222
94,328136, 591
2,049,15670,908
410. 31316,108,065
206,059775,678854, 554769, 808609,848
27,943309,262175,355694,137
1 626 43574, 064
Divi-dends(per-cent)
80
74
4450
5040
»6555404335
72.59 65
9 659 65
114580
355572
M0
»8063.33
9032
2545
50
4030
8 25554050
249 609 45«709 50
375
»459 60
25
Interestdivi-
dends(per-cent)
Date finallyclosed or
restored tosolvency
Sept . 3,1934
Sept. 7,1934
Oct. 15,1934
2416
2417
2418241924202421242224232424242524262427242824292430243124322433243424352436243724382439244024412442
24432444
24452446244724482449
24502451
24522453245424552456245724582459
24602461246224632464246524662467246824692470
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
418 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. 81,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, andibs/f—Continued
-471247224732474
2475247624772478247924802481248224832484
2485248624872488
248924902491
249224932494249524962497
24982499250025012502250325042505250625072508250925102511251225132514
2515251625172518251925202521252225232524
2525
Name and location of banks
First National Bank, Valier, Mont.?First National Bank, Conrad, Mont.?Farmers National Bank, Geneva, Ala.?Harveysburg National Bank, Harveysburg.First National Bank, Hankins, N. Y.?First National Bank, Oregon, Wis.?First National Bank, Ypsilanti, Mich.?Peoples National Bank, Monmouth, 111.? _First National Bank, Shawano, Wis.?First National Bank, Dallas City, 111.? _..First National Bank, Woodstock, Minn.?First National Bank, Neillsville, Wis.?Falls National Bank, Niagara Falls, N. Y.?First National Bank of Commerce, Tarpon
Springs, Fla.?First National Bank, Marseilles, 111.?Farmers National Bank, Cambridge, 1112 ?First National Bank, Shullsburg, Wis.?Pleasant Unity National Bank, Pleasant Unity,
Pa 7Earlville National Bank, Earlville, 111.?First National Bank in Braidwood, 111.?First National Bank & Trust Co., Bloomington,
111.2 7First National Bank, Mineral Wells, Tex.iFirst National Bank, Cresco, Iowa ?First National Bank, Chelsea, Iowa ? . - .First National Bank, Graettinger, Iowa ?First National Bank, Stanton, Iowa ?New London National Bank, New London,First National Bank, Hubbard, Iowa ?Farmers National Bank, Kingsley, Iowa ?Farmers National Bank, Aledo, 111.?First National Bank, Grand River, Iowa ?Farmers First National Bank, Rake, Iowa "National Bank of West, Tex 2 6
First National Bank, Le Mars, Iowa 2 ?First National Bank, Marathon, Iowa ?First National Bank, Rock Valley, Iowa ?First National Bank, Dunkerton, Iowa?First National Bank, Little Rock, Iowa ?First National Bank, Saint Ansgar, Iowa ?First National Bank, Whiting, Iowa ?First National Bank, Ashton, Iowa ?First National Bank, Port Norris, N. J.?First National Bank, Aurora, Colo.?Federal-American National Bank & Trust Co.,
Washington, D. C?Commercial National Bank, Wilmington, 111.7First National Bank, Grayville, 111.?First National Bank, Steward, 111.?First National Bank, Compton, 111.?First National Bank, Ransom, 111.?Central City National Bank, Central City, Nebr.?.First National Bank, Sheridan, 111.?Farmers National Bank, Dahlgren, 111.?Farmers National Bank, Viola, 111.?Old-First National Bank & Trust Co., FortFirst National Bank, Lindsay, Calif.*
Capitalstock atdate offailure
Dollars25,00075,00050.00C25,000
25,00025,00C
150,00075, (XX
100,00075,00025,00050, (XX
100,00075,000
75,00050,00050,00025,000
50,00025,000
300,000
60,00050,00040,00025,00025,00025,000
50,00025,00065,00025,00025, (XX50,000
100,00025,00050,00040, (XX25,00025,00025, (XX25,000
100,00025, (XX
2,000,000
50,00050,00050,00125,00025,00150,00025,00(25,00040,000
1, 750,000
75,000
ceiver ap-pointed
Oct. 25, 1933do._. r.dododo
Oct. 25,1933Oct. 26,1933
dododododododo
Oct. 27,1933dododo
dododo
-. doOct. 30,1933
do_ do
dodo
dodododododo
Oct. 31,1933dodododododododododo
Nov. 1,1933dodododododododo
Nov. 2,1933
do
Book valueof assets
at date offailure,
estimatedgood
Dollars141,802338,173134, 04362,942
104,48750,001
369,337249, 037434, 762
85, 89378,964
237,746346,912145, 431
272,850
132,564135,189
187, 27269, 69(
242,538107, 21c83, 208
192, 87767, 270
191, 37678,944
375, 4&74,05045, 02c
35, 950127,446106,8256, 40^71,700
101, 52854,900
524,982210, 541
7, 462, 720
179,974108,05278,42778, 32464,15c
213, 506101,65c
79, 515164, 727
12,854,941
Book valueof assets
at date offailure,
estimateddoubtful
Dollars45,75654,424
188, 72240,524
157,138122,102
1, 729,025444,803857, 457134,49944, 798
221, 2791,156,877
134, 028
389, 610
354,824185,175
83, 652205,466
126,99573, 70793, 698
203, 43082,355
154, 65483,904
249, 20643, 691
106, 664
75, 785178, 570333, 02090, 787
128, 212199, 36C
52, 285201, 782214,89c
6,389, 942
135,864277, 692
77, 98259, 618
103,42377,45494,11471,142
110,0859, 271, 569
Footnotes at end of table, pp. 448 and 449.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
RE POET OF THE COMPTROLLER OF THE CURRENCY 419
1934, dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 81,
Bookvalue ofassets atdate offailure,
estimatedworthless
Dollars10,0373,233
28,334912
4,861651, 49948,084
179, 0354,1036,219
15,3744,323
23, 580
57,847
19, 72519,025
4,069138
147, 52914,8473,837
22, 55110,774
1,6819,649
78,7594,364
13,216
20,30034,8021,985
26,80417,4134,6847,647
32,12661,068
3,242,901
7,27052,71240,37979, 710
1,3402,1112,4207,6227,939
2,894,190
Addi-tionalassets
receivedsince dateof failure
Dollars85
14018,1182,298
5924,021
131,83535,00427, 305
1,777116
24,98410, 012
113, 956
54, 670
89, 51010,466
22, 32438, 366
27,84629, 77921,12481,86822,369
20, 742277
29,194806
9,075
60,6188,713
22,59628,93040,41720, 2066,938
14,38124, 213
263,400
5,29528,599
1,1676,213
22,55323,96720,130
1,33419,903
204, 503
Totalassess-mentuponshare-holders
Dollars25,000
50,666
25,000
150,00075,000
100,00075,00025,00050,000
100,00075,000
75,000
50,00025,000
25,00025,000
60,00050,00040,00025,00025,00025, 000
50,00025,000
25,00025,000
25,00050,00040,00025,00025,00025,00025,000
100,00025,000
2,000,000
50,00050,00050,00025,000
25,00025,00040,000
75,000
Total assetsand stock
assessment
Dollars222,680395,970419,217106,676
287,217180,985
3,031,696851,928
1,598,559301,272155,097549, 383
1,618,124491,995
849,977
646,623374,855
322,317338,660
60,001494,908265,546226,867525, 726207,768
418,453197, 774732, 563147,911198,978
217,653399,531504,424227,925282,742350, 778146,770873,271535, 723
19,358,963
378,403517,055247,955248,865191,469317, 038243,317184, 613342,654
25, 225,203
75,000
Progress of liquidation to date of this report
Cash col-lections
from assets
Dollars81,33074,386
155,39557,842
151, 717112,539597,039253, 596627,49366,46959,484
278,957332,059129,861
301,068
168,968121,910
145,21470, 442
170,973101,13592,708
255,38951,227
171,17660,563
266, 22767,63070,115
39,849172,839136,98966,89473,908
139,64757,052
104,409189,030
6,858,258
111, 661118,36180,46877,24270,485
201,15471,06188,767
101,434
Cash col-lections
fromstockassess-ment
Dollars6,800
1,250
13,112
50,90933, 51456,9053,763
90010,42412,63017, 959
26,31716, 218
* 15,3986,727
9,80020,9008,4094,584
14,1146,760
8,634500
16,067
8,0717,316
31, 50518,5485,8115,350
10,98028,177
125408,113
4,60623,24518,75823,400
18,58415,88321, 265
31,436
Receiver-ship earn-ings, cash
collec-tions frominterest,premi-
ums, rent,etc.
Dollars6,372
15,1913,7263,967
6,8796,116
50,73816,30265,8516,1034,129
16, 27949,7276,251
14,465
12,70936,941
6,7548,644
713,7205,5003,7238,6153,428
9,6684,099
11, 6073,3035,325
2,8769,3737,3735,7255,382
10, 5874,452
16,5263,700
385,204
10, 2558,2285,6865,2016,8844,8703,2961,7215,987
41
UnpaidbalanceR. F. C.
loan
Dollars
2,900
4,900
359,02391,900
13,300
25,201362,100
86,200
41,60040, 700
31,70074,000
41,000
14, 500
25,000
17,400
17,900
14,20016,700
18, 50033, 50013,500
2,348,426
57,500
3,90040,6006,500
31,400
56,300
Offsetsallowed
andsettled
Dollars2,8675,3462,8625,199
3,8406,254
92,11431, 59567, 7906,1533,375
23,49919,13916,608
23,495
29, 5517,103
15,1236,954
14,0747,4938,114
20,8083,275
13, 0186,377
26,2207,231
11,511
5,90414,99013, 5997,9827,2669,1557,5909,5838,598
1,008,911
13,05113,8466,9349,2295,1107,3653,2393,149
10,275
2471247224732474
2475247624772478247924802481248224832484
2485248624872488
248924902491
249224932494249524962497
24982499250025012502250325042505250625072508250925102511251225132514
2515251625172518251925202521252225232524
2525
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
420 EEPOET OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46—National banks in charge of receivers during year ended Oct. 81,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and1934—Continued
2471247224732474
2475247624772478247924802481248224832484
2485248624872488
248924902491
249224932494249524962497
24982499250025012502250325042505250625072508250925102511251225132514
2515251625172518251925202521
25232524
2525
Progress of liquidation to date of this report—Continued
Total col-lectionsfrom allsources,
includingoffsets al-lowed and
unpaidbalanceR. F. C.
loan
Dollars97,36994,923
163,23369,908
180,448124,909
1,149,823426,907818,03995,78867,888
354,360775,655170,679
425,228
279,145222,872
214,189166,767
9,807260,667122,537123,629298,92689,690
202,49688,939
304,05478,164
120,918
70,900221,218189,466117,649125,867178,23980, 074
158,695201,453
11,008,912
197,073163, 680111, 846118,972123,079219,889127,580109,520195,261
31,477
Loss onassets com-poundedor soldunder
order ofcourt
Dollars
1,5009
2,423
15,82810,934
175, 54912,42091,295
1,029
7,24129,384
1,607
3,7606,298
2,213
7,7461,055
49412, 263
207
62415
24,288
2,780
12,0271,335
10,0046,294
12,6997,234
814524,052
1,53331,2193,2801,3873,588
143,5608,691
510
Book valueof remain-ing uncol-
lectedassets
Dollars113,483314,738210,95141,212
90,83251,258
2,016,994479,317711,981152,62167,238
189,6861,137,542
268,919
450,414
394,344214,544
134,767236,264
1252,115115,863100,551212,266128,059
183,635105,819415,82848,05089,572
134,873160,367303,832121,755163,869169,74257,128
659,279312,281
8,967,742
202,158303,629107, 273136,007112,286108,505140,45759,006
190,43525,225,203
Bookvalue ofremain-ing un-
collectedstock as-sessment
Dollars18,200
48,750
11,888
99,09141,48643,09571,23724,10039,57687,37057,041
75,000
23,6838,782
9,60218,273
50,20029,10031,59120,41610,88618,240
41,36624,500
25,0008,933
16,92942,6848,4956,452
19,18919,6oO14,02071,82324,875
1,591,887
45,39426,75531,242
1,600
6,4169,117
18,735
43,564
Bookvalue ofassets
returnedto share-holders'agents
Dollars
Disposition of proceeds of liquidation
Conservators'distributions
To se-cured
creditors
Dollars
»30,102
To un-securedcreditors
Dollars
23,479
»4,121,943
Dividends paidby receivers
On se-curedclaims
Dollars
3,636
95,814211
49,240
On un-securedclaims
Dollars
35,623
66,90196,102
192,165
18,389
»150,193322,234
19,025
154,184
172,813145, 257
127,62765,886
6,657136,57669,50451,023
169,96730,982
53,47044,226
41,197
25,15675,35774,292
62,33169,32933,143
115,158
29,62254,60783, 734
153,25075,36961,295
122,135
25,057
Footnotes at end of table, pp. 448 and 449.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
EEPOET OF THE COMPTROLLER OF THE CURRENCY 421198/f.., dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 31,
Securedand pre-
ferredliabili-
ties paidexcept
throughdivi-
dends, in-cludingoffsets
allowed
Disposition of proceeds of liquidation—Continued
Cash ad-vancedin pro-tection
of assets
Conser-vators'
ex-penses
Receiv-ers' sal-aries,
legal andother
expenses
Cash inhands
of comp-trollerand re-ceivers
Amountreturnedto share-holdersin cash
Amountof claimsproved
Divi-dends(per-cent)
[nterestdivi-dends(per-cent)
Date finallyclosed or
restored tosolvency
Dollar,84,01373,51289, 48626, 751
67,9226,370
335, 603190, 275318,80457, 67152,458168, 716294, 309124, 606
246, 261
Dollars16
83,40344,516
72, 60587,615
91,08338, 41361, 86566, 70445,938
121,04831,910257, 76929,36462,511
37,629123,45879, 03847,93050,68895,15531,917101, 785110, 623
5,788,296
59,108115, 20856,19339, 78129, 35551,38924, 51118,86'51,307
307144
Dollars2,2704,4712,191
3,0011,221
7751
250201
1,824
16
4,4731,918
21,1868,202
13, 6984,2003,5328,3718,5615,285
10,430
Dollars4,62(9,8374,1094,812
4,8783,50518, 32710,30916,9466,3183,2517,32711,9136,497
7,832
Dollars6,4447,103
67,1402,578
36, 27417,014
771, 70624, 735445,0355,5238,64719, 50342, 62313,231
6,505
Dollars
256
21
6,7343,293
3,3041,672
8,1347,138
3,8095,186
7,80522,668
6,8446,387
1,27072
339
399214
4,7382,2182,5354,2001,577
5,2773,00014,7912,4832,794
8355,5473,5154,3625,1594,566
4,5293,8389,6333,8514,992
2,31521,4538,8153,84452,8816,606
17,8335,96521, 46242, 2529,424
15116
377163
1,145
1,541132
1,154
921744
127176
1,9795,8043,3463,3242,5062,9962,8406,9846,166
284,961
5,22'3,7742,6383,491
4,37'1,4772,54"3,428
3,1716,1316,5223,6413,4714,4143,15r7,7726,207
76, 365
7,1805,5964,0813,3,8385,3014,7803,6514,318
2,81410,45225,89113, 3515,7266,3459,02240, 61378, 325706, 091
10,40038,91419, 31217, 2676,0605,398
21, 43923, 03313,897
Dollars112,442182,17955, 73647,848
159, 287145, 609
2,199, 716384, 650950,48872, 56245, 335241,497
1,045,13478,310
333,171
654025
50
345, 626223,472
146,097
5065
45
66,570210,117107,52085, 257310,05589, 279
132, 71088, 232
106565605535
6054
53,46368,664 60
69, 322153,621297, 29098, 625143, 670153, 56360, 318467,456210, 578
i, 249, 407
177,166259, 23574, 056
137, 698113, 326161,315145, 417111, 642174, 793
4048255043.54555
9 50
65
40407495525570
Ju ly 27,1934
J u n e 6,1934
Oct. 9,193'Aug. 27,1934
2471247224732474
2475247624772478247924802481248224832484
2485248624872488
248924902491
249224932494249524962497
24982499250025012502250325042505250625072508250925102511251225132514
2515251625172518251925202521252225232524
25251,720 4,700 100,229 25
106093—35Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
422 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. 31,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and1934—Continued
Name and location of banksCapitalstock atdate offailure
Date re-ceiver ap-pointed
Book valueof assets
at date offailure,
estimatedgood
Book valueof assets
at date offailure,
estimateddoubtful
252625272528252925302531253225332534253525362537
253825392540254125422543
2544
2545
2546254725482549255025512552
2553255425552556255725582559256025612562256325642565256625672568256925702571
257225732574257525762577257825792580
First National Bank, Jewell Junction, Iowa 7
First National Bank, Exira, Iowa 7
First National Bank, New Berlin, Pa.7Citizens National Bank, Dickson, Tenn.7First National Bank, Hawkeye, Iowa 7
First National Bank, Goldsboro, Pa.7First National Bank, Mansfield, Ark.7Webster National Bank, Webster, Mass.7First National Bank in Derry, Pa.7Lehigh National Bank, Philadelphia, Pa.7First National Bank, Portland, Maine 7
Peoples-Ticonic National Bank, Waterville,Maine.7
Hamilton County National Bank, Cleves, Ohio 7.Spring vale National Bank, Spring vale, Maine 7.District National Bank, Washington, D. C.7Security National Bank, Jackson, Tenn.7First National Bank, Richmond, Mich.7Uniontown National Bank & Trust Co., Union-
town, Pa.iChattanooga National Bank, Chattanooga,
Tenn.7Presque Isle National Bank, Presque Isle,
Maine.7Coast National Bank, Fort Bragg, Calif.7Brandon National Bank, Brandon, Vt.7First-Henry National Bank, Henry 111.7First National Bank, Park Rapids, Minn.7First National Bank, Huttig, Ark.7First National Bank, Monroeton, Pa.7Jefferson County National Bank, Brookville,
Pa.7First National Bank, Medford, Wis.1First National Bank, Joilet, 111.7First National Bank, Earlville, 111.7First National Bank, Woodruff, S. C.7National Bank of Ellensburg, Wash.7First National Bank, Sylvester, Tex.27
First National Bank in Blooming Grove, Tex.7_.National White River Bank, Bethel, Vt.7Belton National Bank, Belton, Tex.7National Bank of Fairmont, W. Va.7Clyde National Bank, Clyde, Tex.7Citizens National Bank, Llano, Tex.2 7
Richmond National Bank, New York, N. Y.7...Security National Bank, Wichita Falls, Tex.i__.First National Bank, Versailles, Mo.iFirst National Bank, Wilsonville, 111.7Webster National Bank, Webster, N. Y.7First National Bank, Grand Forks, N. Dak.7...First National Bank & Trust Co., Petersburg,
Va.7Jackson National Bank, Jackson, Minn.1First National Bank, Montour, Iowa 7
First National Bank, Elma, Wash.7 _.First National Bank, Murray, Ky.7National Black River Bank, Proctorsville, Vt.7.First National Bank, Marion, Ind.7First National Bank, Wilkinsburg, Pa.7 _.First National Bank, Atwood, 111.7First Lake County National Bank, Libertyville,
111.7
Dollars25,000 N35,00025,00050,000
ov. 3,1933do.
_do_..do..
. . .do
. . .do—25,00025,00025,000
100,00050,000
200,000600,000 Nov. 6,1933
.. .do.
. . .do
.. .do._do_.
300,000
100,000100,000
1,000,000100,000
_do_.
_do_._do_.
50,000250,000
-do.,.do-.do.._do_.
1,500,000
100,
do
000 Nov. 7,1933
_do.-do_.
100,000100,00050,00050,00025,00025,000 do
125,000 Nov. 9,1933
doNov. 8,1933
do.
50,0001,040,000
50,00050,00050,00035,00025.000
-do-.Nov. 10,1933
do...do—.._do.-do—
Dollars83,223108,600101,349150,29977,65387,14171, 673524,802364,309264,192
3, 624, 5472,416,705
480, 2691,838, 5564, 228, 968315,835364,40623,000
8,355,164
2,126,995
336, 749206,309240,123164,43849, 706106, 545393,493
1055, 212,954137,083103, 701101,976
do50,000 Nov. 13,1933
do.50,000400,000 do—25,000 Nov. 14,1933
do—75,000400,000200,00030,000 N o v25,00050,000400,000
72, 240740,179181,813
2, 770, 75043,407
. 15,1933dododo
2,444,5207,320
700,000 Nov. 16,1933
22, 534198,541
2,117,9432,818,899
80,00030,00025,000
..do.,.do...do.
100,000 Nov. 23,19335,1933
.do.50,000 Dec.350,000400,00025,000100,000
_do_..do..do
99,370105,588496, 396197, 781
2, 528,3103,504,339
73, 201502, 678
Dollars151,64491, 780184, 788191, 74639,332171,98479,463927,004307, 398229,118
3, 747,1064,231, 603
54, 711497, 580
3,397, 235495.191467,929537, 519
7, 361, 221
1,465, 304
436, 665296, 540461,462281, 031112.192109, 396935,895
76,8861,807, 698142,191100,218173,900
65, 952636,40992, 762
3,088, 53184,773
1,977, 347849,045
95,152274, 622
2, 747, 7721, 557, 535
5,139168, 744101, 363668,81083, 754
1, 018, 7012,468, 780
76,086612, 502
Footnotes at end of table, pp. 448 and 449.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 423
1934, dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 31,
Bookvalue of
date offailure,
estimatedworthless
Addi-tionalassets
receivedsince dateof failure
Total
mentuponshare-holders
Total assetsand stock
assessment
Progress of liquidation to date of this report
Cash col-lections
from assets
Cash col-lections
fromstock
ment
Receiver-ship earn-ings, cash
collec-tions frominterest,premi-
ums, rent,etc.
UnpaidbalanceR. F. C.
loan
Offsetsallowed
andsettled
Dollars7,0227,2198,527
65, 7199,924
4,24251,07120,760116,801344,813253, 379
188145
975,19750,83971,09378,961
1, 401,96'
10,046
35, 250
Dollars16,62718,64616,420
1,30060
3176,7012,1005,932
216,1696,4939,9584,716
533,490
17, 74070,18017, 33510,13135,384
Dollars25,00035,00025,00050,00025,00025,00025,000
100,000
Dollars283,516261, 245336,084459,064151,969284,442187,079
1,604,977
287,301161, 288
5,3595,475
454,909780
15, 704
200,000600, 000300,000
1,000,000100,00050,000
250, 000
6(775
54,660
9,79911,0559,6835,300
334321
30,958
21, 503689,845100,00722,84714, 256
100,000
35,00025,00050,00050,00025,00025,000
125,000
50,000
50,00050,00050,000
836,9798,603, 7677,362,975
540, 5272,341, 75610,056,309
962, 645969,132
17,125,127
3,757,005
853,463538,904977,437507, 262197,190245,978
2, 018,836
166, 2347, 780, 67'
446,616286,897375, 516
Dollars132,888102,010150,892156, 51158,42984,94439,802
739,655507,698249,921
4,171,3872, 503,138
410,0231 ,624 ," -4,026,100
229,293500,143
Dollars22,71412,29718,40017,509
3,70015, 7132,872
71,464
491, 41361, 534
187, 371
Dollars10,5474,9869,3357,5831,9518,6962,446
47,15313,60212,090
108, 213118,124
39,07429,026
Dollars21,100
9,9002,20019,40011, 200152,900
10,429
189,62114,764
37,600693,200152,867
48, 500
669,056
19,620
Dollars18,0507,836
10, 20242, 227
2,6037,7823,791
38,95315,19412,411
272, 253410,806
31,00316,815
697,90131,85615, 576
4,692,499
1,173, 287
466, 696312, 739220,168227, 36838, 276111, 565456,473
9634,402,812144,012115, 674111,445
66, 675
17,95323, 03125,9139,7392,25017, 51728,926
4,171
12,7406,862200
319, 520
122,028
22, 68514,1276,22211, 3251,1715,94325, 737
750155,3896,4133,0196,717
2,875, 556
757, 947
10,200
1, 034,875
172,175
20,30016,79015,6266,7412,3898,53675, 440
630, 4007,9Q09,70023,400
311,8053,2793,0689,840
252625272528252925302531253225332534253525362537
253825392540254125422543
2544
2545
2547
255025512552
2553255425552556255725582559256025612562256325642565256625672568256925702571
257225732574257525762577257825792580
16,05527,62748,74'477,94921, 111
71,92126,64034,122390,63f6,573
25,00050,00050,000400,00025,000
251,1681,480,855407,444
7,127,862180,864
73, 354882, 501201,930
2, 775, 76442, 292
7,14917,6682,022
166,4724,078
1,28334,0163,674
119,0702 —
16,800
651,1996,000
79,96714,397
388,8379,366
402, 239238, 722
3,980248
275, 275713, 520
81,3995,06310,98817,34939,98334, 214291,71318,14522,654
3,8092,700
5,3238,66295,102367, 516
28,2763,51435,53516,24499,232291,7986,545
400,000200,00030,00025,00050,000
400,000700,000
80, 00030,00025,000
400,00025,00050,000
5, 227,9151,297, 787
30,000151,989532, 073
5,636,0926,157,470
166,538331,453246,453
1, 218,090337,762
3,680,4576,956,630198,977
1,187,834
1, 224,890128,015 125
160,004 660, 300 64,937
31,818358,117
2,558,8412,318,654
1,025121,90797,165314,045186,968
2,290,1042,912,429
80,993
10,40031,14099,085192,181
3,51923, 2205,404
259,8418,629
4,92815, 513115, 286106,129
1,12012,0826,17117,38210,37497, 26591,3993, 560
9,800
676,642543,997
3,07121, 526
231, 585310,064
7,40014,900
~~8,~266
"Ii,"o66
14,3114,329
127, 27334,928109, 734495,216
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
424 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. 81,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and1984—Continued
Progress of liquidation to date of this report—Continued Disposition of proceeds of liquidation
Total col-lectionsfrom allsources,
includingoffsets al-lowed and
unpaidbalanceR. F. C.
loan
Loss onassets com'poundedor soldunder
order ofcourt
Book valueof remain-ing uncol-
lectedassets
Bookvalue ofremain-ing un-
collectedstock as-sessment
Conservators'distributions
Bookvalue ofassets
returnedto share-holders'agents
To se-cured
creditors
To un-securedcreditors
Dividends paidby receivers
On se-curedclaims
On un-securedclaims
252625272528252925302531253225332534253525362537
253825392540254125422543
2544
2545
2546254725482549255025512552
2553255425552556255725582559256025612562256325642565256625672568256925702571
257225732574257525762577257825792580
Dollars205,299127,129188,829233, 73068,883136, 53560,111
1,050,125536,494347,910
5, 736,4663, 246, 469
528, 6001, 670, 7075, 770,049275,913545, 768
Dollars26,0782,99019,1433,219
8,922,450
2, 292,112
527, 634366, 687267,929265, 37344,086143, 561586, 576
5,8845, 500,406
174, 344138, 323151,602
9,087665
90,68833, 21311,003
152, 769160, 219
809109,90275, 7556,392
84,636
5,855
42,154
67,12273,9947,26128,836
1915,37929,094
157,8213,5386,467370
Dollars81,500113,409130,847207,10765,937157, 629117,821635, 681142, 294363, 644
3, 407,3583,988,812
590,1734, 256, 553
595,104318, 777639,480
11,391,898
2, 269, 389
264, 345110,381684, 382194, 3r131, 50685, 498
1, 332,829
115, 2712,908, 239245,78r111, 688203, 861
Dollars2,286
22,703
Dollars Dollars Dollars Dollars
32,49121,3009,28722,12828,536
Dollars118,76542,165116,012116, 370
164,112108, 587238,466
» 26, 2549 18, 613
9 8,4589 406, 332
83895,86537,151
812, 629100,00039, 571250,000
9 58, 2419 18,230
9 437,105
9 3,164,4179 2,423, 235
9 173, 4259 1,180,4709 1,907,190
.. 81,6811,991, 503
151, 583
9 10,89, 9 435, 574
33,325
17,0471,969
24,08740, 26122, 7507,48396,074
45,829
9 26,978
1 3,094,1889 948, 385
9 378,8669 166,182
9 42, 251 » 127, 600 1, 065 49,079
115, 293
37, 26043,13849,800
9 30,119 9 1, 299,457 9,73J12, 229
7,184
971, 518101, 77438,30838,288
102, 6741, 014,152
222, 0234,101, 342
64, 718
1642, 67016,801160,4922,431
148, 710425, 71124, 316
3, 402, 769101, 775
17,85132, 33247,978233,52820,922
23,004
9 949, 2869 155,1649 679, 748
13, 079
2,178, 797134, 6277,035
60, 017426, 296
3, 681, 4393, 471,025
5,664178, 920127, 969458, 700240, 470
2, 497,1033, 758, 885
113, 576
42, 72439, 383
3, 495, 364
7,27253, 44617, 07315, 479
4,36818269
15,964
245, 5161'
84,82848,984
2, 428, 5932,813, 273
85, 513160,86;119, 777776, 70399,902
1, 280,6192, 903, 469
83, 5731,137, 834
331, 334199,87522, 96514, 60018,860
300,91507,819
76,4816,78019, 596
2,800 826, 3443,602
• 654, 0739 299, 959
« 1, 350,1049 1,161,183
10, 45217, 999
280, 679
66,90823, 342
140,15916,37150,000
9 166, 5839 180, 017
9 114, 6639 751,1341,902, 842
68, 390
"58," 571
Footnotes at end of table, pp. 448 and 449.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 425198Jh dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 31,
Disposition of proceeds of liquidation—Continued
Securedand pre-
ferredliabili-
ties paidexcept
throughdivi-
dends, in-cludingoffsets
allowed
Dollars66,61066,41332,43298, 38333,44722, 78311, 057
362,92672, 551
240, 678275, 017621,094
129, 74591,343
2,853, 679190, 269
50, 588
5,402, 350
965,103
36,86348, 059
182, 44924,95817,61111,536
183, 346
3, 012, 86442,37085, 05390, 435
68,928151,59335,410
2,094,60542,500
1,193,005119,963
23,08469,125
1,388,4651,670,709
92, 24292,648
327,56943,327
1,197,3971,314,271
40,851
Cash ad-vancedin pro-tection
of assets
Dollars109312
638125
62155943
126394
5,722
232543
10, 721
28
3,948
563
1,053
9036013141
1,064
1,946106162
1,167145195
4,593
7,157953
6193
5,1653,793
641
10,131
4,9893,037
Conser-vators'
ex-penses
Dollars2,8133,7213,1813,9181,8101,5643,168
10, 2456,6209,274
41,14723, 618
6,1429,653
127,150S, 0647,349
135,405
25, 774
8,1886,2887,7527,5573,2872,502
14,910
67, 7573,0142,2103,751
3, 2309,8014,912
72, 7222,042
64,583
2,2685,247
49,06736,270
4,1242,143
10,3614,585
32,96754, 2422,944
Receiv-ers' sal-aries,
egal andother
expenses
Dollars4,0503,7846,7208,2244,5774,1314,074
16,1285,4039,990
18, 57223, 524
7,0469,466
73, 92111, 4476,505
73, 812
45, 511
5,9354,1248,7965,6183,0154,980
21, 064
1,75228,0504,9005,0748,725
3,1617,6077,677
55, 2513,504
45,9277,464
3172,8727,939
20,01918,593
8154,5904,3429,3912,447
16,12824,4944,939
Cash inhands
of comp-trollerand re-ceivers
Dollars12,95210, 70430, 484
6,19728, 92412,1923,202
625, 55526,932
6,161245, 416149, 276
2,186361, 002360, 28366,13334, 831
212, 747
306, 776
69, 751142, 03468, 8426,885
20, 0429,209
366,192
4,13278, 9609,9517,5163,219
3,184845,006
18,665245,137
3,593
38,9812,6456,718
13, 78852,661
214,546280,518
4,84911,0505,453
101,2487,058
327,905279, 982
6,271
Amountreturnedto share-holdersin cash
Dollars
Amountof claimsproved
Dollars133, 603
72, 502195, 838242, 443
99, 628191, 589106,144
1, 318, 328477,832240, 244
6, 352, 2145, 331,165
336,8501, 972, 5403, 836,812
651, 222
2, 272, 233
587, 975332, 303574, 385380,119104, 952172, 940
1,175, 331
96, 8943, 272, 013
183,87669, 653
181,889
54, 2261, 111, 857
228,1752,745,014
73, 216
2,930,373489,335
60,001348,657
2,698,3982,276,888
35,657145,02085, 317
713,002229, 225
3,813,14797,618
Divi-dends(per-cent)
90606048
5035
9 509 85
348 81a 45
8 959 609 50
9 60
9 40
9 40
9 659 50
8 55
66. 6667
8 70625525
50
9 689 25
18
30100
3085
9 509 50
4828
8 809 459 50
60
Interestdivi-
dends(per-cent)
Date finallyclosed or
restored tosolvency
M a y 10,1934
M a y 12,1934
252625272528252925302531253225332534253525362537
253825392540254125422543
2544
2545
2546254725482549255025512552
255325542555255625572558
256025612562256325642565256625672568256925702571
257225732574257525762577257825792580
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
426 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. 81,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and1934—Continued
2581258225832584
25852586
25872588258925902591259225932594
25952596259725982599
26002601
2602260326042605
260626072608260926102611261226132614261526162617261826192620262126222623
2624
2625262626272628262926302631263226332634263526362637
Name and location of banks
Garrett National Bank, Oakland, Md.7
National Bank of Commerce, Adrian, Mich.7
First National Bank, Florence, Ariz.7American Exchange National Bank, St. Louis,
A/fn 7National Bank of Anaconda, Mont.7
First National Bank of The Thousand Islands,Alexandria Bay, N. Y.7
First National Bank, Morrison, 111.7Chilton National Bank, Chilton, Wis.7
First National Bank, La Harpe, 111.7First National Bank, Swanville, Minn.7
Romulus National Bank, Romulus, N. Y.7
First National Bank, Ceylon, Minn.7
First National Bank, Keyser, W. Va.7First-Kenmare National Bank, Kenmare, N.
"Dot 7First National Bank, Cambridge, Minn.7
First National Bank, Rock Lake, N. Dak.7
First National Bank, Marmarth, N. Dak.7
Farmers National Bank, Hendricks, Minn.7
Farmers & First National Bank, New Castle,TnH 7
First National Bank, Holland, Minn.7
Tulpehocken National Bank & Trust Co., Phila-delphia, Pa.7
First National Bank, Tamaroa, 111.7
State National Bank, Windsor, Vt.7
First National Bank, White Lake, S. Dak.7
Farmers & Merchants National Bank, Milbank,Q "Flair 1
First National Bank, Gary, S. Dak 7
First National Bank, Hayti, S. Dak.7
First National Bank, White Bear Lake, Minn.7.First National Bank, Manistee, Mich.7
First National Bank, Del Rio, Tex.1
First National Bank, Rochester, Mich.7
Day and Night National Bank, Pikeville, Ky.L.First National Bank, Stone Lake, Wis.7 . . .First National Bank, Canton, S. Dak.7
Farmers National Bank, Freeport, Pa.7
First National Bank, Canton, 111.7 _ .Canton National Bank, Canton, 111.7
Millbury National Bank, Millbury, Mass.7
Union National Bank, Atlantic City, N. J.iFirst National Bank, Arthur, 1117
First National Bank, Columbus, N. J.7
Union National Bank, Fostoria, Ohio 7
First National Bank of Douglas County atCastle Rock, Colo.7
Cooperstown National Bank, Cooperstown,N Y 7
Mountains National Bank, Tannersville, N. Y.7.Fii-st National Bank, St. Albans, W. Va.7First National Bank, Portsmouth, Ohio 7
Orange National Bank, Orange, N. J.7First National Bank, Canonsburg, Pa.7
National Citizens Bank, Charles Town, W. Va.7.Union National Bank, New Castle, Pa.1 . . _First National Bank, New Wilmington, Pa.7 . . . .National Bank of Clayville, N. Y.7 _ . .First National Bank in Gallup, N. Mex.7
First National Bank Dickinson, Tex.1National Shoe & Leather Bank, Auburn, Maine7
First National Bank, Hull, Iowa i
Capitalstock atdate offailure
Dollars100,000100,00025,000
300,000
100,00050,000
100,00050,00050,00025,00025,00025,00080,00025,000
50,00025,00C25,00025,000
200,000
25,000200,000
40,00050,00025,00075,000
35,00025,00C25,000
ceiver ap-
Dec. 5,1933dododo
doDec. 7,1933
—_do____do_._.do_.. . . .do. . . .doDec. 8,1933
dodo
dodo
. . . .dododo
dodo
Dec. 9,1933Dec. 11,1933
doDec. 11,1933
dododo
100,000'Dec. 12,1933100,000 do100,000 do100,000 do2 5 , 0 0 0 . . . do50,000 !Dec. 13,193350,000i do
100,000 do125,000 do50,000
100,00050 00C50,000
125,00C50, 000
50,000
50,00025,000
400,000500,00020t), 00C
50,000100,00050,00025,00050,00025,000
200,00(35,00(
dododo
Dec. 15, 1933do
Dec. 18,1933
do
dodo
Dec. 19,1933dododododododo __._dodo
Dec. 20.193J
Book valueof assets
at date offailure,
estimatedgood
Dollars630,856351,245172,845
1, 362,994
275,072735,947
90,415136, 385
93, 79949,98981,19348, 357
426,07558, 610
179,48935,30892,99C
227, 872883,940
71, 66790,062
347, 241711,851
83, 6261,345
179,44362,551
138,689355,624152,671794,703
73554,51S
139,941227,722301,320375,500430,699
24,065133 05383,427
409,045160,102
474,967
253,112147,178
1,877,7882,216,2381,138,179
139,946
622,330153,619506,944
2,7431,897,971
90.886
Book valueof assets
at date offailure,
estimateddoubtful
Dollars462,056527,199242, 516
1,162, 698
314,362218, 783
260,512274,491104, 580142,80251,15259, 247
753,038190, 566
255,43332,074
105, 586214,496702,004
41,969296, 531
123,917335,352218,06863,324
345,304150,887244,069419,194377,804
1,087,69150,97531,338
370,529461,965739,580749,652303,721154, 252111 888125,483583,762171,335
183,669
170,211226,945
3,383,9313,304,6371,575,838
176,323
501,510121,315317,218
11,6891,847,986
108.205
Footnotes at end of table, pp. 448 and 449.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPOET OF THE COMPTROLLEE OF THE CURRENCY 427
1934, dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 31,
Bookvalue ofassets atdate offailure,
estimatedworthless
Addi-tionalassets
receivedsince dateof failure
Totalassess-mentuponshare-holders
Total assetsand stock
assessment
Progress of liquidation to date of this report
Cash col-lections
from assets
Cash col-lections
fromstockassess-ment
Receiver-ship earn-ings, cash
collec-ions frominterest,premi-
ums, rent,etc.
UnpaidbalanceR. F. C.
loan
Offsetsallowed
andsettled
Dollars6,261
43,9386,781
43,43;
164, 21137,978
65, 67320,568
178,07125, 9263,559
32, 310143, 621
4,019
5,16412,2512,900
30,80424, 592
1,53541,891
37,49833,13013,44459,101
34, 6121,875
38,433578
136, 799109,38340,81"5,011
96,09910f 37571, 50616,02:37,07S
407,8946, 3126,324
160,7684,
10,182
73,06816,906
333, 636501, 278
21, 78r48,754
Dollars222919
7,5999,878
120,58327,397
60, 67221, 750115,2964,32928,6249,40228,04318,174
25, 3227,214
39,2041,21814,13,10, 255412,98413,895
8,319116, 573
69,440
1,20257,85623,332
1
1,21718,0596,092
99, 7871,492158, 232
700772
12, 4071, "
106,07384,16640,966
9505,508
4530,05648, 772
20,27'
36, 4736,727
61, 35058, 75840,938
46
Dollars100,000100,00025,000
81'184
5,09614
55, 30630, 616
100,00050, 000
100,00050,00050, 00025,000
25,00080,00025,000
50,00025,00025,00025,000
200, 000
25,000200,000
40,00050,00025,00075,000
35,00025,00025,00C
100,000100,000100,00025,00050,00050,00C
100,00C125,00C50,00C
100,00C50,00C50,00C
125,00C
50, OOC
50,00C25,00C
400 , OOC500,00C200, OOC
50, OOC100, OOC
50 , OOC25, OOC50, OOC18,75C
200, OOC35, OOC
Dollars1,199,3951,023, 301
454, 7412,579,005
974,2281,070,105
577, 272503,194541, 746248,046164, 528174, 316
1,430,777296,369
515,408111,847235,339506,491
1,927,109
140,171697,924
549,8581,188,189363, 470198,771
595, 576258,372452,283875,177838,766
2, 250,009193, 227116,641"
751,1431,318,4791, 350,339862,461687,158346,761265, 279
1,308,631385,099
739,093
582,864422,756
6,056,7056, 580,9112,976, 738415,069100,000
1, 213,863301,336893,39343,451
4,414, 247278.602
Dollars658, 219332,890276,147
1,860,909
347, 0681371, 456
138,014156,63763, 28973,46653, 53145,294
430, 64460,046
199,92723,78765,453168,478743, 707
52,281132,621
102, 233649,70297, 55f1,959
94, 50665, 27145, 203333,16177,812
347, 5832,14'
47,949134,106483,848456,624704.429461,49335,095148,016117,680302,019185,629
224,954
149,774131,990
2,089,8342,126, 3511, 306,060
131, 750
Dollars49,08829,1171,118
545,03567,243601,1592,700
2,140, 23870,782
79,45230,603
50,07732,1947,7591,952
1,10028,8751,000
400131
2,70044,758
4,68510,030
22.63526.636
1841,000
2554,8555,000
65,34928,95856,8601,150
10, 65518, 55055,05044,74722,80034,6501,832
39, 66838,976
19,450
3,2966,950
155, 326115,746104,88034, 22536,42527, 74111,146
9,87589, 7205,960
Dollars27,00636,79910,834
Dollars
56,466
23,41916,614
15,60510,4475,7856,9982,9474,51917, 2406,854
25, 93'2,1335,3617,87335,891
2,10512,118
8,97554,0757,996
40, 582
10,100186,800
32,800
18,300
14,100248,48544, 700
19, 500
20,600
68,20069,30018,700
Dollars,20,38258,36615, 70737, 549
18, 74849, 700
8,60729,416
7,2576,8946,0417,335
47,6276,167
8,0212,2336,995
12,87189,865
2,08827, 780
21,14;36, 04013,045
25, 6635,953
11,15829,899
6,50:34,842
4361,180
15, 71515,16521,90932, 59026,014
1,5995,3217,019
26,38013, 516
17,30C
1,59812,50C
126,093151, OOC
79,4537,092
2825,818,79'
16,23-51
102, 76S8,61
48,800
298,000327,021
22,7008,900
48,900
20,80C
48,90027,100
353, 2151, 450, 549
165, 60C
5,10C
20, 5047,091
34, 24622,916
70, 244
1,12910,26922, 11133,11750,31720,590
12,3298,17122,66314,11'
78,457
12,64319, 522
249,988343,98071, 3676,238
56, 242112,64426,002
2581258225832584
25852586
25872588258925902591259225932594
25952596259725982599
26002601
2602260326042605
26062607260826092610261126122613261426152616261726182619262026212622
2624
2625262626272628262926302631263226332634
15,80C233,651 26366,084 2637
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
428 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. 81,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and1984—Continued
2581258225832584
25852586
25872588258925902591259225932594
25952596259725982599
26002601
2602260326042605
260626072608260926102611261226132614261526162617261826192620262126222623
2624
2625262626272628262926302631263226332634263526362637
Progress of liquidation to date of this report—Continued
Total coylectionsfrom allsources,
includingoffsets al-lowed and
unpaidbalanceR. F. C.
loan
Dollars754,695513,638303,806
2,007, 704
478,787655,173
245,103228, 69484,090
107, 61062, 51972, 348
772,871118, 767
233,88528, 553
117, 440191,922914, 221
61,159203,149
223,190835, 753137, 477
2,959
140,928131, 97095, 607
385, 976447, 662808, 648
59, 44351,408
170, 745539,674566, 700832,083530,897
71, 344190,198181,438438,938213, 259
360,961
216, 211198,062
2,974,4564,187, 6261, 727, 360
179. 30536, 453
654, 829204, 930643,395
12,6262,566,378
107, 240
Loss onassets com-poundedor soldunder
order ofcourt
Dollars56,58422,65528,47588,690
19,7601.791
18,62633
13, 7265,894
11,638731
2,1559
2,402300
18531
61, 281
13,805
10,41833, 276
45
331
1,09514,039
19, 368
2,8761,530
51,43519,88657,34812,17515,2382,218
14,93527, 607
269
6,214
9188,669
103,4341,989
88,3755,662
1,2017,124
17,392
240,99010, 629
Book valueof remain-ing uncol-
lectedassets
Dollars364,210509,390109,412591,857
488,652597,158
312,025267,108407,474136, 79293, 31895,956
870, 351205,147
255,05860, 527
137,873299, 611832, 256
60,802323, 718
376, 060419,171227,828121, 812
445, 235161,010346, 739505,061660,954
1, 712, 81491,08039,686
473, 071143,749708,852413, 245318, 203536,825134,19874,493
831,342185,087
379,468
369, 529237, 575
3, 213,4493.608, 5911,310,936
221,419
561,38589,325
198,84022,001
1,599,368156,107
Bookvalue ofremain-ing un-
collectedstock as-sessment
Dollars50,91270,88323,882
20,54819, 397
49,92317,80642, 24123,048
23,90051,12524,000
50,00024,60024,86922,300
155, 242
20,315189,970
17,36523,36424,81674,000
34, 74520,14520,000
34, 65171,04243,14023,85039,34531,45044,95080,25327,20065, 35048,16810 33286,024
30,550
46,70418,050
244, 674384, 25495,12015,77563, 57522, 25913,85450,0008,875
110,28029,040
Bookvalue ofassets
returnedto share-holders'agents
Dollars
Disposition of proceeds of liquidation
Conservators'distributions
To se-cured
creditors
Dollars
»25,088
9 275,193
9 8,382
9 92,348
9 30,326
9 39,0299 62,1449 85,915
9 500, 5599 637,036
9 25,450
To un-securedcreditors
Dollars«480,4399 232,155
91,017,884
• 346,174
9 286,286
»267,050
9 349,840
9 348,0119 212,7499 383,6578 326,898
12,51781,077,60591,810,99991,055,746
• 418,952
9 1,484,755
Dividends paidby receivers
On se-curedclaims
Dollars
13,008
3,000
3,259
On un-securedclaims
Dollars
169,300169,173
118,386
9,276
34,101
22,413
46,776
63, 233
122,343434,125
14,148
25,970
422,815
55, 2865,871
124,478118,661
220,164
111, 896
20,000
50,003
51,927
Footnotes at end of table, pp. 448 and 449.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPOET OF THE COMPTROLLER OF THE CURRENCY 429
1934, dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 81,
Disposition of proceeds of liquidation—Continued
Securedand pre-
ferredliabili-
ties paidexcept
throughdivi-
dends, in-cludingoffsets
allowed
Cash ad-vancedin pro-tectionof assets
Conser-vators'
ex-penses
Receiv-ers' sal-aries,
legal andother
expenses
Cash inhands
of comp-trollerand re-ceivers
Amountreturnedto shareholdersin cash
Amountof claimsproved
Divi-dends(per-cent)
Interestdivi-
dends(per-cent)
Date finallyclosed or
restored tosolvency
Dollars117,116180,949276,346575,360
210,945421,190
95,84997,81165,04486,01432,55729,368
341, 29084,848
113,53219,17348,678
156,416395,879
45,136120,430
78,12471,91597, 770
746
116, 43184, 29074, 853
245, 228
Dollars850518
21,156
2,22215,424
944,269
328
381,866
37, 436140, 76479, 575120,487196, 99199,00435, 71250, 76745, 222349,305105,327
110, 427
184, 55351,846
960, 9461, 259,908461,886117, 703
144, 657132, 456552, 9361,750
686, 40938, 051
2291,518108
406
3,4471,205554
1,6733455
Dollars11,13218,6344,806
17,951
8,22810,743
5,4334,0844,5304,2322,4272,4899,0514,318
6,0262,0323,9444,860
25, 522
2,7088,203
5, 0368,1865,325
24,852
9,0192,8684,51313,107
2,312 15, 027
84925836942326516
2,1139,31011, 65413, 36019, 7016,796
2341,718
500
1,32753
4,7108,780
6771,401
3,4723,53616, 3746,322
7,822
10, 7327,825
113, 39054, 90532, 9723,820
82271
6,484
14, 0145,666
12, 585
Dollars4,552
11,3514,7589,118
8,04411,449
9,4287,9145,3244,2862,5692,5719,9014,886
5,9602,2775,3713,86811,105
12,1986,090
5,3625,9635,038716
6,1944,1506,4159,1043,28212, 4412,3831,6734,376
595 40,8435,341
8,9099,2276,2321,9256,2385,14610, 6375,261
7,641
6,5327,041
31,09264, 3798,7544,2631,1386,8475,3299,921
47014, 9013,276
Dollars140,60644,94317,894
111, 042
80,04827,194
15, 913114, 616
8,8643,802
24,9663,590
56,5552,194
107,9615,0719,224
25, 573iO2, 527
1,1175,185
10, 65217,8432,1831,497
9,2826,8409,826
118, 53718, 67647,1621,7741,056
15, 44652, 254
148, 682136,16991, 70233, 6915,2438,873
62, 388
94, 631
14, 407
13, 067286,154351, 619167, 32552,11815, 31569, 53711, 40161, 46910, 406
313, 4258,556
Dollars Dollars801,590593,038
9 609 40
1, 271,508
403,781504,431
182,132269, 792243, 534103,07238,75274,132860,660117,963
232,45346,172117,147195, 757744,296
31,637104,789
410,988900, 201195, 573
9 80
4333. 3333
65
9 4019
40
35
60
30'7816. 6667
355, 670
205,110395, 320
78, 98136, 526233, 296535, 246660, 270521, 088595, 043
1009 257025
»659 299 608 55
179, 447109, 367399, 483179,896
440, 329
220, 770248, 657
3, 394, 6192, 286,1961, 759, 308
158, 692
708.5
50
459 359 559 60
838, 746106, 707200, 374
20'5048
2, 960, 782115, 393 45
2581258225832584
25852586
25872588258925902591259225932594
25952596259725982599
26002601
2602260326042605
26062607
26102611261226132614261526162617261826192620262126222623
2624
2625262626272628262926302631263226332634263526362637
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
430 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. 81,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and1934—Continued
Name and location of banksCapitalstock atdate offailure
Date re-ceiver ap-pointed
Book valueof assets
at date offailure,
estimatedgood
Book valueof assets
at date offailure,
estimateddoubtful
2640264126422643
264426452646264726482649265026512652265326542655265626572658265926602661266226632664266526662667
2668266926702671267226732674
26752676267726782679268026812682268326842685268626872688
269026912692
269526962697
Citizens National Bank, Caldwell, Ohio 7
First National Bank, Summerfield, Ohio 7
First National Bank, East Orange, N. J.7Noble County National Bank in Caldwell, Ohio7.First National Bank in Gibsland, La.7...Bellefontaine National Bank, Bellefontaine,
Ohio.7First National Bank, Swayzee, Ind.7Hastings National Bank, Hastings, Mich.7First National Bank, Paw Paw, Mich.7Welden National Bank, St. Albans, Vt.7First National Bank in Bessemer, Ala.7First National Bank, Hancock, Md.7First National Bank, Russellton, Pa.7First National Bank, Wyandotte, Mich.7First National Bank, Litchfield, Nebr.7First National Bank, Lykens, Pa.7First National Bank, Woodsfield, Ohio 7
Public National Bank, Rochester, N. H.7Exchange National Bank, Hastings, Nebr.1Commercial National Bank, Fond du Lac, Wis.7.Morris National Bank, Morris, Minn.7First National Bank, Chattanooga, Tenn.i8
Pittsfield National Bank, Pittsfleld, Maine 7___First National Bank, East Palestine, Ohio 7
Union National Bank, Massillon, Ohio l
First National Bank, Finleyville, Pa.7Farmers National Bank, Lake Geneva, Wis.7.__First National Bank, Branchville, N. J.7Palmyra National Bank, Palmyra, N. J.7Fort Fairfleld National Bank, Fort Fairfield,
Maine.7First National Bank, Crafton, Pa.7First National Bank, Roseto, Pa.7Calais National Bank, Calais, Maine 7
Farmers National Bank, Houlton, Maine7
Citizens National Bank, Stoughton, Wis.7First National Bank, Burnham, Pa.7Farmers & Wabash National Bank, Wabash,
Ind.7Montpelier National Bank, Montpelier, Ohio 7- -First National Bank, Monticello, 111.7First National Bank, Savanna, 111.7First National Bank, Mascoutah, 111.7State National Bank, Peru, 111.7First National Bank, Chadwick, 111.7First National Bank, Vermilion, 111.2 7
First National Bank, Hampshire, 111.7National Bank of Niles Center, 111.7National Bank of Bellows Falls, Vt.7Caribou National Bank, Caribou, Maine 7
First National Bank in Ponca City, Okla.7Anaheim First National Bank, Anaheim, Calif.7.Farmers-Merchants National Bank, Princeton,
Wis.7
Crestwood National Bank, Tuckahoe, N. Y.7_._Mount Airy National Bank in Philadelphia, Pa.7Commercial National Bank in Jefferson, Tex.1.National Bank of Pico, Calif.7National Bank of Orange County at Chelsea,
Vt.7Miners National Bank, Ishpeming, Mich.7First National Bank, What Cheer, Iowa *7
First National Bank, Birdsboro, Pa.7Salt Springs National Bank, Syracuse, N.. Y. 7 _.
Dollars60,000 Dec. 21,1933
-1 . . .do25,000200,000
60,00025,000
. . . .do
. . . .do100,000 Dec. 26,1933
50,00050,00075,000 Dec.
100,000100,00030,00025,000
150,00025,000 Dec50,00050,000150,000100,000500,00025,000
2,500,00050,00025,000150,00025,00050,00050,00050,000200,000
. . .doDec. 27,1933~ !. 28,1933.. .do....do—do.. .do. . .do
29,1933—do
ran. 2,1934—do
do
Dollars379,462
66,448530,393286,285
60,64376 ,868
275,260553,845252,098
1,614,245511,288384,279150,310247,628106,72677,015
485,696859,150
Dollan408,825
91,605892,947237,544
53,599535,119
114,427319,505229,999338,154
1,012,820330, 292386,332693,320136,433163,867393,208
1,538,108
—do...doan. 3,1934
do—dodo
1,680,383103,374
2,158,0431,015,700472,911
an. 4,1934an. 5,1934an. 6,1934—doan. 8,1934
_do__do_
50,00050,000100,000 Jan. 9,193'50,000 — d o50,00025,000160,000 Jan. 11,1934
60,000 Jan. 12,193450000
50,000 Jan. 10,1934-do_
,150,000100,000100,000150,00050,00025,00025,000100,000
-do_,.do_do.do_do__do_
415,418317,907608,569202,382643,400
647,130211,381
1,132,489631,294199, 75662,176
1,547,826
494,954358,82602,862223,280889,184102,679
..do.do
100,000 Jan. 15,1934..do..do..do
100,00050,00075,00040,000 ....do
100,00C125.00C
....do—do
25; 000 Jan. 16,1934do
50,000 Jan. 17,1934
100,00C Jan. 17,193450; 000 Jan. 18,193-50,000 Jan. 19,1934800,,00 Jan. 22*1934
156,51'419,975515,767587,021555,806306,256313,816
696,808235,400
49S75,23:511, 775
1,063,228
714,9512, 589,40<
2,381,568150,122
5,135,3441,351,234913,908119,751276,246251,027239,417291, 597
1, 280,086
385,42497,996
826,737389,444311,780137,843335,195
74,544354,863327, 792720,190830,422140,896
60,425691,137188,456
1, 218, 717625, 689396,308
44,360
112,74'409,837
17, 222136,771470,719
1, 513,879
403, 28:3,227,31C
Footnotes a t e n d > f table , p p . 448 and 449-.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
ftEPORT OF THE COMFTROLLEk OF THE CURRENCY 4 3 1
1984, dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 31,
Bookvalue ofassets atdate offailure,
estimatedworthless
Addi-tionalassets
receivedsince dateof failure
Totalassess-mentuponshare-holders
Total assetsand stock
assessment
Progress of liquidation to date of this report
Cash col-lections
from assets
Cash col-lections
fromstockassess-ment
Receiver-ship earn-ings, cash
collec-tions frominterest,premi-
ums, rent,etc.
UnpaidbalanceR. F. C.
loan
Offsetsallowed
andsettled
Dollars
351142,229
81313,72280,140
13,69969, 643168, 46860, 49551,46110,8842,35542,037
167,62530, 62536, 67739, 50099,2972,523
212,64911,82818,03325,837
78115,9108,457
159, 606152, 70079,38924,14219, 73861,31585, 64812,28028, 295
5,116145,99145,83511,3584,2102,884
Dollan7,163
c
17, 62426"654
89.829
2,60326,62747, 606
6,99310, 72717,87320,842
3,139107,229
1, 23222,15829,200
10077,993
2931, 372, 722
43,0043,021
4685,309
38,3587,91:
10, 545163,958
28,95318, 53843,36169,67221,12924, 79426,965
20, 529186,12427,0503,837
142,93455.830
Dollars60,00025,000200,00060,00025,000100,000
50,00075,000100,000100, 00030,00025,000150,00025,00050,00050,000150,000
500,00025,000
2, 500, 00050,00025,000150,00025,000
50,00050,000200,000
50,00050,000100,00050,00050,00025,000160,000
150,000100,000100,000
50,000
Dollan855,450183,409
1,783,193584,909153, 618
1,570,956
405,9891,019,620773,171
2,119,8871,686, 296773, 328584,839
1,136,124375,395459,739981, 687
2, 613,13539,600
4, 739,241281, 312
11,378, 7582,471, 7661,432,873296,096722,7&623, 202914,356714,130
2,440,144
1,190,816402,057
2,122,3251, 201,725668,313262,093
2,098, 281
595,1431,195, 7991,103,0391,058, 6651,866,750352, 289
Dollars458,88271,983
658, 462300,85641, 392936, 351
239, 663569,821174,142
1,396,720640, 310334,743273,851328,64986,89885, 665528,238
1, 215,129100
1, 583, 65992,125832,978855,502729, 511,601
504,869252,45f598, 743125,890607, 270
745,742147,716
1,369,181418, 587175, 77957,114
1,148,151
398,905403,518518,448390,287926,91387,101
Dollars32,1556,820
43,88517,350
21835,650
11,85012,82518,60015, 7889,5757,560
37,1707,274
10,43910,950
10$, 776
Dollar,17,4426,087
39, 71016,6722,328
16, 521
10, 25313,03117,04832, 64336,467
5,82428,46532,814
6,8216,856
29, 26955,436
Dollars
22, 500
20, 26774, 739
137,81248,400
Dollars15, 6214,36077,03718,49210,08583,191
16,43116,6225,01292,73781,49212,1517,73325,33713,3647,79638,47391, 593
292, 7294,65634, 20542,06012,80069, 25021, 275
16, 2977,86537,619
11,6502,4259,6605,90013, 7924,41275,899
111,8615,55,57655, 50815,778
29912,71017,03,
126,85439, 500
27,289
57,100
5,804
22, 23215,31964,677
20,73612,16731,06335,41110,3076,45146,821
17, 56219,67028,88714,30944, 9807,674
586,172
157,12675,80025,200105,354
50,021
39,824
172,85014,407
131,82736,923
20,84740,71923,16618,05483,817
47,10535,38250,17941,28129,11022,46980,775
21,94748,54927,95219, 59074,0858,062
263826392640264126422643
264426452646264726482649265026512652265326542655265626572658265926602661266226632664266526662667
266826692670267126722673
26752676267726782679268026812682
2685
2688
26902691
2693
26942695
2697
28,67918,10826, 670293, 53851,15133,4741,850
49,456127,259
1,95043,812
327
20,67621,2929,34270,193108,78710,1774,087
23,037502
4,5579,899281
84,749
25,000100,000100,000100,00050,00075,000
40,000125,00025,00050,00050,000
100,000
300, 2971,250, 512840, 235
2,269,4691,391,433821,215364,113
922,048897,99873, 667273,851
1, 076,587
2,762,183
77,105412,759408,660281,009866,022301,601218,044
504,303182,202
771127, 632389, 459
1,394,408
11,2437,87642,90641, 7252,00016,722
16,98442, 7553,02610,32424,800
44,666
7,72423, 63019,69641,84025, 56726,58810, 543
10,16017,491
57,200
112,926
7,97024, 492
79,460
10,60015, 59645,98635,45152, 42718, 07016,917
39, 38734,314
7,03745, 946
178,463
20, 212542,059
1,942190, 631
50,000800,000
1,190,3867,349,407
747, 284674,930 131,856
25, 237,142,8441 627,900
37,8301,459,173
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
432 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. 81,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and1984—Continued
263826392640264126422643
264426452646264726482649265026512652265326542655265626572658265926602661266226632664266526662667
2668266926702671267226732674
26752676267726782679268026812682268326842685268626872688
26892690269126922693
2694269526962697
Progress of liquidation to date of this report—Continued
Total col-lectionsfrom allsources,
includingoffsets al-lowed and
unpaidbalanceR. F. C.
loan
Dollars524,10089,250
819,094353,370
76, 5231, 071, 713
266, 347611, 324209, 027
1, 540, 700794, 324437,032317,609561, 782162, 757110, 756606,930
1, 465, 934100
2, 287,953155,877922, 759
1, 084,897795,01371,150
559,701310,206660,438167,128
1, 379, 555
825, 233197,690
1,460, 083658,305304, 788115, 646
1,457,000
438,414499, 026625,308481, 286
1,085,802108,641
163 872459,861517,248400,025946,016362,981245, 504
683, 760276,762
3,797152,963484,697
1, 696, 997
843, 2313,036, 703
Loss onassets com-poundedor soldunder
order ofcourt
Dollars42,7613,755
41, 79716, 634
328145, 394
21, 55846, 646
68114, 46613,95542,72952,41535, 040
2061,1657,808
156, 549
130,7311
93, 56490, 261
26,7891,934
34,455
9,819
40,729
89, 5748,3914,602
36,820
5,2991,871
29,05568, 59514,2758,678
1,9604,087
47,34748,33712,695
5,422
40, 2196,401
36,379
7,524
56, 58626, 986
Book valueof remain-ing uncol-
lectedassets
Dollars278,186
78, 311805,897188,92776,813
306,020
128, 337336, 531518, 336515,964850, 539353,705225,840597, 098249,927315,113357,168999,864
39, 5002,352, 001
149, 7798, 045, 7801, 340, 873
551,177144, 455145, 249328, 097207, 991520,186
1,539, 238
307, 240168, 959513, 391683,466408,822157, 510672, 535
168, 992591,861427, 584480,193851,477198,448
187,592722,157283,629
1, 848,922375,637378,207116, 457
332,936556,482
7,67782,781
554,803
1,081, 788
298, 6864, 388, 318
Bookvalue ofremain-ing un-
collectedstock as-sessment
Dollars27,84518,180
156,11542,65024, 78264,350
38,15062,17581,40084, 21220,42517,440
112,83017,72639,56139,05046,224
207,27120,344
2, 465, 7957,940
• 12,20080,750
3,725
33,70342,135
162,381
38,35047,57590,34044,10036,20820,58884,101
122,711100,00042,900
44,196
13,75792,12457,09458,27548,00058,278
23,01682,24521,97439,67625,200
55,334
17,120668,144
Bookvalue ofassets
returnedto share-holders'agents
Dollars
Disposition of proceeds of liquidation
Conservators'distributions
To se-cured
creditors
Dollars9 72, 7739 15, 927
9 78,145
9 140,036
9 11, 6199 74,324
9 18,9159 2,0849 3,627
9143,909
9 71, 5339 21,961
9 179,827
91,807
9 22,868
9 5,812
91,698
9 43,1539 4, 993
9 70,336
9 1,495
9 31,307
9 222,600
9 1,674
9 24,963
•1,496
• 38, 907
To un-securedcreditors
Dollars9 343,582fl 34,954
9 205,493
9 448, 771
9 169, 7209 398,030
9 806,4619 203, 3869 188,021
9143,673
9 298,9389 878,587
9 802,363
9 643,4809 568,823
9 355,658
6 448,113
9 410,601
9 378,427
91, 272,3679 250,211
9 800,694
9 186,6849 267,3529 399, 2989 306,8139 603,605
9 200,921
9 478,044
9 205,462
9 212, 231
9 283,996
9 1,047,801
9 564,432
Dividends paidby receivers
On se-curedclaims
Dollars
10,840
On un-securedclaims
Dollars
435,638
30,470
165,687
68,582
24, 616
114,02635,625
31,445
90,585
7,842
997,255
Footnotes at end of table, pp. 448 and 449.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
EEPORT OF THE COMPTEOLLEB OP THE CURRENCY 433
1934, dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 31,
Disposition of proceeds of liquidation—Continued
Securedand pre-
ferredliabili-
ties paidexcept
throughdivi-
dends, in-cludingoffsets
allowed
Dollars33,10813,006
309,78929,16635, 344
424, 749
59, 38672, 227
113, 383568, 213426) 381202,919102,369192, 63675, 36864,886
170,375142, 799
814,863116,921670, 211239,640114, 325
1,737115,171182,081129,117131,921851,829
371,485116, 33255,479
230,992165,97561,170
471, 759
80,196100,733107, 78129, 720
381,81261,475
45,033227,925209,919277,004189, 515289,581
16,971
397,428190, 248
771121,92589,110
512, 942
218,0381,905,421
Cash ad-vancedin pro-tectionof assets
Dollars753292
1,967437
1,123101
80231
143,1378,960
79764
647
861039
5,602211
8,1792,3292,756
571
1,769
183
57013, 5374,701
21623
52
2,112
3
27
8266,665
300
2,483359
1,351
569
136
Conser-vators'
ex-penses
Dollars7,9423,054
19,8077, 2823,282
14, 414
5,98112, 5415,412
24, 90517, 5049,6668,062
13,3175,2465,997
12, 98921, 555
65, 9383,993
15, 53312, 718
6,0777,474
12,8718,271
18,955
12, 20410,8963,681
14, 4225,636
24,562
9,38714,73711, 7326,179
19,9504,697
4,9708,738
15,80918, 52721, 39914,6356,210
18, 26013,347
4,63212,169
22, 517
18,11064, 776
Receiv-ers' sal-aries,
egal andother
expenses
Dollars4,6281,727
20, 8923, 4312,9884,481
2,2705,5528,960
10, 2735,6663,5966,680
12,9813,9286,7946,900
14, 093
15,8933,222
19,8418,3175,0991,2292,4495,2614,1568,415
11,154
5,0536,5334,8507,4337,6417,531
11,913
3,56310, 0346,3384,0476,9083,994
4,1698,3935,132
13,9586,7906,6491,997
5,4627,590
2464,2107,709
18, 234
3,38034,879
Cash inhands
of comp-trollerand re-ceivers
Dollars61,31420,29031,00129, 4163,316
39,161
17, 29148, 41981, 258
108, 796130, 34328,40623,90754, 6199,633
32,99346,185
386,900100
403,4676,914
224, 528173, 79191, 29268,18457, 478
114,81966,18118, 52185, 247
52, 06963,929
121,438141, 710
6,80911,104
148, 049
115, 379101,17727, 711
134, 52772,0327,027
19,088214,80553,33483,87127,66851,81613,190
22,94365, 2182,780
14, 35488,866
56,027
39,13534,372
Amountreturnedto share-holdersin cash
Dollars
Amountof claimsproved
Dollars645,212102,021977,182420, 64469, 490
592, 026
319, 633661, 968302, 674
1, 356, 475609, 353686. 507410, 927487, 578137,167258, 425375,883
1,876, 390
2, 455, 51397,935
1,8071,137,861
473, 322283, 689689,381172, 503
1, 010, 645
640, 316157, 007
1, 698, 776688,392338, 768118, 755
1,622, 681
373,352550, 014645, 560609,600
1.192, 756113,463
164,699834, 791401,171854,746735,120380,119297,157
351, 264479, 780
89748, 755
811, 366
1, 784,824
754, 4762,938,749
Divi-dends(per-cent)
9 609 40
459 60
509 70
9 709 60
9 609 33. 339 40
459 30
50
9 559 45
9 3525
9 359 50
9 75
9 65
9 40
9 60
9 759 35
3530
9 65
9 509 509 809 509 50
60
60
9 50
9 65
9 70
9 60
179 35
9 60
9 7537
Interestdivi-dends(per-cent)
Date finallyclosed or
restored tosolvency
M a y 15,1934
M a y 18, 1934
26392640264126422643
264428452646264726482649265026512652265326542655265626572658265926602661266226632664
z6662667
266926702671267226732674
2675267626772678267926802681268226832684
26862687
2689269026912692
2694289526962697
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
434 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. 81,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and1984—Continued
Name and location of banksCapitalstock atdate offailure
Date re-ceiver ap-pointed
Book valueof assets
at date offailure,
estimatedgood
Book valueof assets
at date offailure,
estimateddoubtful
270027012702
27032704270527062707
270827092710
271127122713271427152716271727182719
27202721
2722272327242725272627272728272927302731273227332734273527362737
27382739274027412742
2743,,•27442745
27462747
27482749
Wilshire National Bank, Los Angeles, Calif.7Cedar Rapids National Bank, Cedar Rapids,
Iowa.1First National Bank, Darby, Pa.?Seven Valleys National Bank, Seven Valleys, Pa7.First National Bank & Trust Co., Yonkers,
N. Y.7Edisto National Bank, Orangeburg, S. C.7First National Bank, Eaton, Colo.7First National Bank, Olive, Calif.7First National Bank, Radcliffe, Iowa iMt. Vernon National Bank & Trust Co., Mt.
Vernon, Ind.1First National Bank, Conway, Wash.27
First National Bank, Van Buren, Maine "Commercial National Bank, San Antonio,
Tex.27 iiNational City Bank, New Rochelle, N. Y.7First National Bank, Greenup, Ky.7First National Bank, Linton, Ind.7First National Bank, Logan, W. Va.7First National Bank, Youngsville, Pa.*Farmers National Bank, Fairfax, S. Dak.iFirst Inland National Bank, Pendleton, Oreg.7..First National Bank, Brockport, N. Y.7First National Bank & Trust Co., Mamaroneck,
N. Y.iWabash National Bank, Wabash, Ind.iUnited States National Bank, Vancouver,
Wash.7First National Bank, Marietta, Ohio 7
First National Bank, Jason ville, Ind.7First National Bank, Edgewater, N. J.7First National Bank, Johnstown, Pa.7First National Bank, Bryan, Ohio 7
Seneca National Bank, West Seneca, N. Y.7Farmers National Bank, Bryan, Ohio 7
First National Bank, West Allis, Wis.7First National Bank, Hempstead, N. Y.7Bright National Bank, Flora, Ind.7Security National Bank, Randolph, Nebr.7First National Bank, Mountain Grove, Mo.7....Union National Bank, Scranton, Pa.7Macon Ridge National Bank, Delhi, La.7Elmhurst National Bank, New York, N. Y.7___.Newtown National Bank of New York, Corona,
N. Y.7First National Bank in Lowell, Ind.1First National Bank in Ness City, Kans.7Citizens National Bank, Eureka, Kans.7County National Bank, Clearfield, Pa.7Citizens Third National Bank & Trust Co.,
Greensburg, Ind.7First National Bank, Enosburg Falls, Vt.7First National Bank, Coeburn, Va.7First National Bank & Trust Co. in Orlando,
Fla.7First National Bank, Holly Grove, Ark.7First National Bank & Trust Co., Fleetwood,
Pa.7Farmers National Bank, Oxford, Pa.7First National Bank & Trust Co. at Flint,
Mich.7
Dollars200,000 Jan. 22,1934600,000 Jan. 23,1934
250,00025,000
1,000,000
110,00050,000 J:25,00050,000 Ji50,000
25,00075,000 Ji
300,000
..do.._do_.. d o -
doan. 26,1934
do.an. 30,1934
do . . . .
Dollars179,535266,612
2,185,814128,008
10,304, 229
1,166, 789266, 543
45, 239
44, 675
Dollars247, 598
1,273,568
2,354, 281158, 226
6, 625, 062
1,199,92881,26656, 21118, 799
105,477
.do . .,n. 31,1934. . d o . . . .
254, 223
500,000 Feb. 1,1934..do..do
50,000100,000150,00050,00050,000400,00075,000 Feb. 2,1934150,000
..do.._do_.
-do..
200,000100,000 Feb. 5,1934
..do..
500,00050,00050,000
400,000
,do_._do_._do_._do_.
150,000 Feb. 7,193450,000200,000150,000200,000 Feb
_do_.8,1034
) Feb. 9,1934500,000 Feb. 13,1934
....do.25,00050,00025,000 Feb.
500,00025,000
200,000200,000
do19,1934
Feb. 21,1934. . . . d o
do. . . . d o
50,00025,00050,000 Feb.500,000 Feb.150,000
dodo23,193426,1934do
25,000100,000 Feb.200,000
25,000125,000
75,000400,000
do27,1934do——
do
do..do-
5,446,880260, 774576,079
1,877,687721
1,3762, 363, 5421,002, 570
10,440
2,858608,190
1,141, 339191, 370608,025
2,384, 787728,802407,194909,070667, 704
2, 526,098194,365191,98859,027
4, 505, 267160,309410,464278, 275
178,164274,483
3,315,114870,383
546,929118,773
1,842,139
23,812465,192
354,8072,654,523
356,724
4,287,279262,44"358, 319
1,029,07150,49924, 39"
2, 505, 247736, 648
1,138,354
5,177495,697
2, 312,883283,849328, 788
6,443,433316,929457,955832,862
1,462, 0752,051,120
160, 784139, 713115,340676,45678, 915703,107528, 611
27,627166,482116,825
2,729,194220,123
282k 496274,114715,641
62,233416,977
315,4635,767,055
Footnotes at end of table, pp. 448 and 449.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 4351934, dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 81,
Bookvalue ofassets atdate offailure,
estimatedworthless
Dollar,139,644512,846
283, 5861,444
1,129,434
128,01636, 3718,14749,46112, 266
Addi-tionalassets
receivedsince dateof failure
Dollars36,531
50,1173,334
112, 625
247,9244,6902,641
2271,015
Totalassess-mentuponshare-holders
Total assetsand stockassessment
Dollars200,000600,000
250,00025,000
1,000,000
110,00050,00025,00050,00050,000
Dollars803,308
2,653,026
5,123, 798316,012
19,171,350
2,852,657438,870137, 238118,487213,433
Progress of liquidation to date of this report
Cash col-lections
from assets
Dollars235,842
915,45492, 785
7, 773,674
1,144,990238, 70657,6351,1227,111
Cash col-lections
fromstock
ment
Receiver-ship earn-"ngs, cash
collec-tions frominterest,premi-
ums, rent,etc.
Dollars27,779
56,70619, 572
234,938
46,16215, 72917,6041,350
33,408
Dollars14,300
75,8926,650
388, 634
58,92411, 4863,415
204,358
UnpaidbalanceR. F . C.
loan
Dollars3,600
41,0002,975, 582
413, 59216, 000
Offsetsallowed
andsettled
Dollars19,709
119,0759,127
760,031
33,13521, 2152,737
2698
270027012702
27032704270527062707
270827092710
271127122713271427152716271727182719
27202721
2722272327242725272627272728272927302731273227332734273527362737
27382739274027412742
274327442745
27462747
27482749.
29,995 23,065 75, 000 739,007 148,113 7,154 13̂ 236 134, 700 6,540
1, 363,3291,784
43, 449331,636
23, 2011, 713,389
56,035712, 514
36,92419,943
535,1409,86323,187
6, 700,57516,36210, 24038,436111,511474,1782,32560,56753,303132,0542,74365,44710,553
42,31833,99552,88031, 8416,042
13, 54063,189534, 844
11, 20480,909
2,84329,452
446,22414,66745,136185, 570
503178
81,941461
158,199
2139,028
353,5764,44027,300
467, 55422, 62520, 7432,37662,91313,50229,17617, 795
87013,19615,12114,4021,282
118,66376, 68347, 25024,014
1,67518,291
500,00050,000100,000150, 00050,00050,000400,00075,000150,000
60,000100,000
500,00050,00050,000400,000
50,000
150,000500,00025,00050,00025,000
25,000200, 000
50,00025, 00050, 000
22, 35317,431
13,102355,092
25,000100,000200,000
25,000125,000
75,000400,000
12,043, 712589,672
1,122,9833,573,964
101, 72399,152
7,064,1191,870,7142,169,507
104,9841,262,858
4,842,938539,522
1,037,30016,396,3491,084, 718946,132
1, 782, 7442,454, 2035, 564,898411,650460,063253,540
5,326, 973282,088
1,393,420818, 721
119,946422, 304570,871
6,123,3991,120, 562
869,640574,367
3, 292, 624
144, 6021,105, 509
761,2159,206,122
3,885,944128,319490,325
1, 285,5493,163213
3,184, 765794,46072, 751
3,475755,888
1,007, 222259,935774, 512
2, 224,147635,419409, 785851, 701599, 685
2,122, 292279,981187,58954,157
3,036,67996,861492,913326,357
6,323159,379183,103
3,084,911707, 284
487,15372,156
113,36032,60012,90064, 21335,4201,200
154, 28119,5784,405
38,8659,900
118,51523,04910,40070,862
7,151
58, 780124,05019,21611,523
600
1,45630,440
1,40010, 2002,475
1,3755,670
229,18916,70058,89226,931
952229
197,75834, 2624,622
25115,385
94,71120, 53418,642
222,95020,83822,09648, 23445, 97995, 7169,94110,383
77'91, 7777,256
27, 27628,952
1,07310,8558,36188, 01035,271
22, 8489,104
2, 249, 29189, 900
542,475
74, 294
2,500
3,090, 900
186, 500
456,566
192, 50035, 50055, 032106, 444
62,400
175,121
29,199479,312
324,8403,220,384
4,50440,150
39,153224,889
3,42523,964
14, 301205,134
20, 30045, 008
40, 5961,826,027
492, 78623,54526,156189, 713
137, 04279,748
2526,903
217,09614, 20433,137624, 40550, 77151,818103, 34795, 747177,87914, 74912,8073,482
216, 47113, 55445, 33154, 765
13, 35816, 037171,03256,401
46, 6567,965
3,50529, 727
20, 648358, Sir
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
436 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. 31,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and1934—Continued
26982699
270027012702
27032704270527062707
270827092710
271127122713271427152716271727182719
27202721
2722272327242725272627272728272927302731273227332734273527362737
27382739274027412742
274327442745
27462747
27482749
Progress of liquidation to date of this report—Continued
Total col-lectionsfrom allsources,
includingoffsets al-lowed and
unpaidbalanceR. F. C.
loan
Dollars301, 230
1,167,127169,134
12,132, 859
1, 696, 803303,136
81, 3912,492
44,877
309, 743
6, 970, 570291,064588, 273
2,108,88139,535
1,6423,673,8461,002, 342
81, 778
42,616808,076
1, 437, 544320, 222836, 691
6, 233, 264707,028677, 350
1,003, 2821, 256, 6912, 519, 937
323,887222, 302
59,0163,537,427
154, 627650, 992516, 518
8,796256,192209,976
3,519,074798,956
558,03294,895
60,933618,161
439,5385,835, 249
Loss onassets com-poundedor soldunder
order ofcourt
Dollars13,957
117,720
190,710
34, 3391,2522,624
800
3,475
5,95520,14911, 51525, 952
45,03511,045
71,184
84, 63510, 73763, 78391, 76485,01413, 45211,4108,755
39, 6625,496
40020,0846,326
61, 26445,118
840
3,749127,158
7,275
15,944817
86014,934
17,687
Book valueof remain-ing uncol-
lectedassets
Dollars333,800
2,053,026
3,839, 258181, 380
9, 446,935
1, 530,193127, 69749, 24267, 365
155, 522
505,879
7,159,027367, 659494,987
1,922, 75048, 56048, 939
3, 297, 277910,461
1, 946, 756
41,484308,883
3,033,985204, 646115,868
13,056,033313,514421,077816, 286
1, 600,0162, 725,065
86,424209, 667170, 501
2,053, 739140,347593,912392,481
62,783224,567317,982
2, 740,298349,602
294,887393,429
3,092,624
86,038456,536
340,7275, 209, 236
Bookvalue ofremain-ing un-
collectedstock as-sessment
Dollars172,221600,000
193, 2945,428
765,062
63,83834, 271
7,39648, 65016, 592
67,846
386,64017,40087,10085, 78714,58048,800
245, 71955,422
145, 595
21,13590,100
381,48526, 95139,600
329,138
42,849
91, 220375, 950
5,78438,47724,400
23, 544169, 560
48,60014,80047, 525
23, 62594,330
200,000
20,49684,850
35,847175, 111
Bookvalue ofassets
returnedto share-holders'agents
Dollars
Disposition of proceeds of liquidation
Conservators'distributions
To se-cured
creditors
Dollars
9 2,117,373
9 271,930
9 313,165
9 14,096
9 764, 3918 34, 2 8
9 121,461
9 11, 684
9 105, 384
9 14, 228
9 322, 763
9 135,0049 20,182
9 23,376
9 665,127
To un-securedcreditors
Dollars
9 4, 325,436
9 302,427
91 , 784,1799 142, 936
9 589,008
9 1, 501, 2618 609,522
9 543, 340
9 622,398
9 365,182
9 361,912
9 213, 639
9 1,303,048
9 284,6909 239, 564
91,663,3709 201,297
9 275,702
9 253, 651
9186,2539 2, 633,968
Dividends paidby receivers
On se-curedclaims
Dollars
4,742
9 266, 599
775
996
On un-securedclaims
Dollars46,852
105,162
116, 65813, 797
26, 450
9 238, 784
25, 752
2,434,854
316,476
599, 3251, 362, 632
36, 391
48,435
6,679
Footnotes at end of table, pp. 448_and 449.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 437
1934, dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 81,
Disposition of proceeds of liquidation—Continued
Securedand pre-
ferredliabili-
ties paidexcept
throughdivi-
dends, in-cludingoffsets
allowed
Dollars215,235
944, 93245, 405
4, 731,171
766, 522168, 56545, 579
8973,527
253,880
4, 249, 54085,16446, 812
1, 334,059721
1,129,162238, 900
77, 327
3,71380,863
945, 496243, 532118, 337
3, 487,873199, 200210, 214527,020546, 787966, 91948, 686
162,88842, 661
1, 764, 75495, 726
233, 356193, 286
7,384179,40082, 051
1, 487, 736376,935
169, 34467, 297
39, 289238,987
180, 7331,414, 035
Cash ad-vancedin pro-tection
of assets
Dollars312
638
255, 336
1,062
366
1,597
91, 431
1,047766
8,951906
6,776
1,526155
5,475146
38824
7,624107
2162,4081,066
2
2,9327,684
397
1522
791152
37291
Conser-vators'
ex-penses
Dollars10,535
60,5313,476
226, 203
32, 3228,1232,631
7,576
114,4155,850
10, 76723, 959
846178
26, 99020,352
14, 702
54,1277,281
13, 454129, 34314,89711, 9342,595
21, 91747,1567,4087,6615,730
56, 3967,717
21, 75819,118
8,2157,806
52, 55022, 311
9,8418,362
2,56816,122
11, 448126, 036
Receiv-ers' sal-aries,
legal andother
expenses
Dollars7,085
21, 7493,611
84,167
16, 3413,6643,081
355495
6,172
47, 2455,7026,621
27,167579493
12, 96611,111
978
4844,671
44, 0974,6086,160
68, 4582,8395,382
13, 36116, 90217, 7392,1825,1723,192
11,5443,5256,6276,738
3,8624,824
25, 0706, 655
7,8314,542
2,1436,107
4,25047, 748
Cash inhands
of comp-trollerand re-ceivers
Dollars21,211
139, 27711, 480
393,173
306,1996,126
16, 2671,234
40,855
9,326
370, 59551, 41217, 643
119,82637 389
971230,12587, 333
3,473
38, 41936, 263
392, 29838, 89464, 658
106, 48619, 512
133, 33898, 35670, 936
117,86737, 63746, 581
7,21776, 51410, 202
104, 56157, 810
1,41215, 284
112, 363147, 660171,179
95,16214, 692
9,46379, 766
56, 817948, 044
Amountreturnedto share-holdersin cash
Dollars
Amountof claimsproved
Dollars108,389
202, 239
1,037, 026170,80540,173
270, 758
5, 671, 598357,184529,948
1, 507,20053 183
1, 703,7351,185, 746
28,028815,528
1, 909, 477175, 231829, 590
9, 742, 296193, 984480, 761860, 564
1,198, 6513, 204, 556
284, 209143,926
2, 231, 918115, 702575,865399, 597
27, 479141, 050217, 879
4, 429, 045491, 028
557, 262231, 000
26, 714
320, 4595,139, 371
Divi-dends(per-cent)
50
529 40
9 257535
12.5
9 309 409 459 40
9 608 50
9 66. 66
189 75
259 60
609 40
5050
B80
9 5035
9 509 60
35
& 559 40
9 50
25S50
9 509 50
Interestdivi-
dends(per-cent)
Date finallyclosed or
restored tosolvency
June 12,1934
Oct. 16,1934
26989fiQQ
270027012702
270327042705
?707
270827092710
?711?,71??71327142715?716?717?7182719
27202721
2722
2724
27267!7?72728?7?9
2731?73?
?7R4
27362737
2738
27402741?,74?
2743?7442745
?74fi2747
27482749
106093—35-Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
438 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. 31,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and1984—Continued
Name and location of banksCapitalstock atdate offailure
Date re-ceiver ap-pointed
Book valueof assets
at date offailure,
estimatedgood
Book valueof assets
at date offailure,
estimateddoubtful
2750275127522753275427552756275727582759
276027612762
276327642765
276627672768276927702771277227732774277527762777277827792780278127822783278427852786278727882789
279027912792279327942795279627972798279928002801280228032804280528062807
2808
First National Bank, Freeland, Pa.7
First National Bank, East Rutherford, N. J.7 . . .First National Bank, Clarksville, Tex.7National Bank of Hudson, Wis.7
First National Bank in Webster Groves, Mo.7 . . .First National Bank, La Grange, 111.7First National Bank, Fremont, Ohio 7
First National Bank, Eaton Rapids, Mich.7
First National Bank, Lyndhurst, N. J.7Stockgrowers & Farmers National Bank, Wall-
owa, Oreg.7First National Bank, Jacksonville, Ala.2 7
Yardley National Bank, Yardley, Pa.7
First National Bank & Trust Co., Ludington,Mich.7
Mobile National Bank, Mobile, Ala.1First National Bank, Urbana, 111.7Collingswood National Bank, Collingswood,
N. J.7Capital National Bank, Lansing, Mich.7
First National Bank, Manawa, Wis.7
First National Bank, Dawson Springs, Ky.7
First National Bank, Dillonvale, Ohio 7
First National Bank, Granville, 111.7 . . .Farmers National Bank, Cotton Plant, Ark.7Grand National Bank, St. Louis, Mo.7
Taylorville National Bank, Taylorville, 111.1Farmers National Bank, Garner, Iowa 7
New Albany National Bank, New Albany, Ind.7.Second National Bank, New Albany, Ind.7
Citizens National Bank, South Bend, Ind.7
First National Bank, Mayville, Wis.7
Wisconsin National Bank, Watertown, Wis.7First National Bank, Ambler, Pa.7
Bethlehem National Bank, Bethlehem, Pa.7
Old National Bank, Waupaca, Wis.7
First National Bank, Honaker, Va.7First National Bank, San Gabriel, Calif.7First National Bank, Conrad, Iowa iFirst National Bank, Windsor, Mo.7
Boulder National Bank, Boulder, Colo.7 »First Sterling National Bank, Sterling, 111.7Farmers & Merchants National Bank, Head-
land, Ala.7Elk National Bank, Fayetteville, Tenn.7
First National Bank, Hillsdale, Mich.7
First National Bank, Toledo, Ohio 7
First National Bank, Fayetteville, Tenn.7
State National Bank, Shawnee, Okla.7First National Bank, Perry, Okla.7First National Bank, Webster Springs, W. Va.7.Citizens National Bank, Franklin, Ind.7
Carlstadt National Bank, Carlstadt, N. J.7First National Bank, Grundy Center, Iowa.1
First National Bank, Napoleon, Ohio l
First National Bank, Hendricks, Minn.1 __First National Bank, Clarion, Pa.7
First National Bank, Camden, Ark.7 "Farmers National Bank, Fayetteville, Tenn.7-..Arkansas National Bank, Fayetteville, Ark.1
First National Bank, Rockwood, Pa.7
Farmers & Merchants National Bank, Rock-wood, Pa.7
First National Bank, Council Bluffs, Iowa.7
Dollars150,000 Feb. 28,193450,000 Mar. 1,193450,000 do.50,000
100,000—do—do
100,000 Mar. 2,19341,000 Mar. 5,1934
___do_._do
6,1934
200,050,000 -
100,000 -50,000 Mar.
Dollars953,554477,224154,690205,614210,646410,655978,901240,528558,513166,912
Dollan1,400,226
136,589184,809275,678162,615186,290
1,260,567337,076884,820126,080
25,000125,100,
d o —000 Mar. 7,1934000 Mar. 8,1934
200,00050,100,000
do000 Mar. 13,1934
do
600,00025,000 Mar.40,00050,000 Mar.50,00025,000 Mar.700,000150,000
do. 14,1934do
50,150,300,000
. 15,1934—do
19,1934—do
do000 Mar. 20,1934000 Mar. 23,1934
do.700,00050,00075,000 M250,000300,00050,000 .35,000 Mar.
—do—doar. 26,1934—do
do._do•. 26,1934
50,000 Mar. 27,1934000 Mar. 28,1934
dodo
25,50,00050,000200,000 Mar.60,000
. 29,1934do
75,000 Mar. 30,1934000 Apr. 3,1934
doApr. 9,1934
do
75,100,500,00060,000100,00050,00025,000100,000 Apr,100,00050,00050,00025,000100,000150,000
— .do— .do
10,1934do
Apr. 11,1934do
387,346256,869
5,862408,589
1,117,381
4,948,467155,52991,281279,904268, 21792,490
1,118,485408
373,434424,006996,431
4, 644,358119,427529,462
1,174,9962, 288,670323,892303,694254,8502,674
119,863275,172882,183198,886
702,168421, 254
3,767,322328,452713.448316,472362,671489,502669.449
227,308846, 291
502,674376.813424,825
10,051,018238,441274,529344,935221,24433,902
1,460,012347,60973,148594,022
1,043,090778,932327,879597,463976.814
4,068,675405, 700211,926103,15033,218104,819322,113741,65198,515
237,913254,058
3,501,27.'72,383
1,071,079183,004116,560212,417463,542
50,000150,000
— .doApr. 16,1934
-do—.. d o —
— d o25,000 Apr. 20,1934
- )_ . . . do25,000
300,000 . . . . d o .
189806,174519,767110,38535,418
241,43199,777
1,838,758
18,921878,238580.198
86, 222163,533411,77585,034
1,084,790
Footnotes at end of table, pp. 448 and 449.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 4391934, dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 31,
Bookvalue ofassets atdate offailure,
estimatedworthless
Dollars19,0592,508
50, 265121
20,02450,179
305,91025, 59756, 63617, 809
66, 63035, 244
107, 879138, 76299, 685
1, 355,81832, 7048,7116,837
18,99812,087
397, 39377, 68028, 781
181, 643293,796176, 249
3,29336, 773
279, 779128, 72854,9169,743
38, 5337,136
55, 7111,810
59,37944,831
188,000345, 436344,431
51, 24917, 70631,4785,667
19, 985125, 999
101, 70659, 36661, 50814, 687
130, 66827, 6682,427
41,090
Addi-tionalassets
receivedsince dateof failure
Dollars12,005
1,90399, 686
19119,489
8988,655
22, 59589, 975
5857,816
1325, 840
395, 349191603
7,362146,943153,695
6,57998,140
185, 785437,398
5,91230, 997
10, 5295,0353,9502,907
35,85639, 90228, 590
1,964
51,9051,906, 587
6,793
30,947341
15,744980
2,525200,097
13,890
2,75027,40227,429
240, 718
Totalassess-mentuponshare-holders
Dollars150,00050,00050, 00050, 000
100, 000200, 00050, 000
100,00050,000
125,666100, 000
200,00050, 000
100, 000
600, 00025,00040, 000
50,000
700, 000150, 000
150, 000300,000
50, 00075, 000
250, 000300, 000
50, 00035,00050,00025,00050,00050, 000
200,000
75,000100,000500,000
100,00050,00012, 50060,000
100,00050,00050,00025,000
100,000150,000
22, 500150,00025,00025,000
Total asset:and stock
assessment
Dollars2, 534, 844
668, 224539,450531, 604412, 774747,124
2, 746, 276661, 856
1, 622, 564450, 776
806, 3421, 296, 220
816,4281, 000, 0041, 741, 891
17, 350, 652451,865415,124631,676558,459145, 841
3, 822, 833729, 392481,942
1, 447, 8112, 819,1026, 036,937
506, 5111, 269, 6952, 681, 5896, 786, 073
845, 037565,398450,483
70, 935366, 249688, 997
1,911,803344,196
1, 203,0811,172,653
10, 019, 615458, 877
1,902, 233611,901497, 739797, 648
1, 359, 97050,00050,000
148, 3412,043,8751, 325,363
233, 794482, 369733,276239, 667
3, 205,356
Progress of liquidation to date of this report
Cash col-lections
from assets
Dollars1,310,460
258, 587198,191243, 404168, 094
784, 624321, 235305, 355149, 204
326, 772310, 641
105, 699348, 342
134,03775,012
35, 822984, 28469,401
324,933319, 283
1, 092,9133, 561, 798
218,131631, 423
381, 996250, 610149, 263
4,881106, 632214, 984845, 076167,313
372, 356
417,133183,577368,146330, 668
333634, 746440, 690
68,898300,405100,008
1, 718,013
Cash col-lections
fromstockassess-ment
Dollars3,2009,600
16,92513,149
21, 80035, 695
15, 584
50,47542, 714
92,96913, 700
978725
24,9489,025
35,11561, 445
23,42141,917
17, 65314,1536,9738,900
18, 23014, 27553,337
18, 280
10, 7003,988
14,1005, 7503,375
2,6756,980
26, 500
4,60012,743
Receiver-ship earn-ings, cash
collec-tions frominterest,premi-
ums, rent,etc.
Dollars46,91318,75314, 25813, 79619, 026
54, 79213, 63353, 3909, 364
15, 63741,434
1,46124, 692
9,33412,042
6, 41443,193
1,6776,553
22, 40349, 50495, 24412, 2198,235
8,0167,803
15,7301,0548,533
14,41770,164
542
21, 627
18,07223,00224, 58840,469
53449, 34824, 797
2793,7821,787
69,897
Unpaidbalance
R. F . C.loan
Dollars
66, 547
107,90046, 700
228,57613, 394
345, 750
11, 822111,849
33, 3004,600
170,130
57, 587100, 67973,300
2,300131,869
80, 593
64, 387
305,081
113,212132, 309
19,844
Offsetsallowed
andsettled
Dollars80, 58752,93921, 77512, 235
. 18,504
106,16217, 308
127, 21418,987
59, 22842,407
48, 784
28, 22410, 356
7,929195,476
2,50041,18587, 706
491,18014,75448, 250
24, 95415, 92216,728
20,00830, 332
100, 2737,021
40,832
23, 56824,41944, 67179,050
76, 50069,861
19, 7884,756
116,362
2750275127522753275427552756275727582759
276027612762
276327642765
276627672768276927702771277227732774277527762777277827792780278127822783278427852786278727882789
279027912792279327942795279627972798279928002801280228032804280528062807
2808
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
440 REPORT OF THE COMPTROLLER OF THE
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. 31,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and1934—Continued
2750275127522753275427552756275727582759
276027612762
276327642765
276627672768276927702771277227732774277527762777277827792780278127822783278427852786278727882789
279027912792279327942795279627972798279928002801280228032804280528062807
2808
Progress of liquidation to date of this report—Continued
Total col-lectionsfrom allsources,
includingoffsets al-lowed and
unpaidbalanceE. F. C.
loan
Dollars1,441,160
406,426251,149390,484252,324
1,195,954401, 265831,709193,139
463,934549,045
200,129435, 518
172,57398,135
83, 4651,252,501
80,103333,986588,116
1,291,5684,148, 222
268, 525729,825
490,206389,167261,994
14,835155,703405,877
1,068,850174, 876
533, 688
469,473299,373451, 505761,018
3,375
3,542880,786694,157
69,177328, 575119, 294
1, 924,116
Loss onassets com-poundedor soldunder
order ofcourt
Dollars125,631
33,9303,7989,568
56, 2479,7514,092
100
3,74448,160
205,3925,935
2,474
16,6224,9121,771
7344,614
25,0254,982
90,870
28,3712,610
25,827
9,2913,571
67,7827,137
29, 678
12,990
3,298
1,64950,055
12
4,8841,886
99,890
Book valueof remain-ing uncol-
lectedassets
Dollars868,166306,698235, 554222,167216, 608647,124
1,599, 243263, 562
1, 085,903232,485
291, 598795,012
305, 337546,943
1, 641, 891
16,750,652262,130289,756631, 676508,459102, 090
1,926,451505,079152,738936, 609
1,333,8691,958,934
218, 644424,152
2,431, 5896,486,073
359,716261, 256208, 665
41,054180,318390,110698,672162, 725
1,128,081629, 787
9, 519, 615458,877
1,802, 233108, 210277,243321, 533850, 252
121, 3591,182, 574
664,800211,294263, 471383,199108,017
1,271,091
Bookvalue ofremain-ing un-
collectedstock as-sessment
Dollars146,80040,40033,07536,851
100,000178,200
14,305100,00034,416
74, 52557, 286
107,03136,300
100,000
600,00024,02239,275
50,000
675,052140,975
114, 885238,555
26,57933,083
250, 000300,000
32,34720,84743,02716,10031, 77035, 725
146, 663
75,00081,720
500,000
166,66639, 300
8,51245,90094,25046, 62550,00022,32593,020
123,50022,500
150,00020,40012, 257
Bookvalue ofassets
returnedto share-holders'agents
Dollars
Disposition of proceeds of liquidation
Conservators'distributions
To se-cured
creditors
Dollars
9195, 6629 41,339
9 288, 808
9 177,108
9 25,174
9 34,4229 335, 851
9 3,7239 9, 899
9 67,572
9 150, 892
9 18, 4629 153,955
9 6,1259 104, 206
9 319, 597
To un-secured
creditors
Dollars91,143,560
9 173,6109150, 653
9 93,051
9 434, 6369 140, 3459 228, 561
9 154,3869 290,440
9 132,4649 257,3709 699,056
9 1, 059,9339119,3009 465,087
9 250, 5669122,163
9167, 5829 509 693
9 23,877
9 58, 773
9 231 1889 178,7629 175, 2439 291,806
9 678,8129 364,441
9 777,130
Dividends paidby receivers
On se-curedclaims
Dollars
73,467
1,690
On un-securedclaims
Dollars
~~ "1437907103, 289
19,435579,945
40,473
41,046
Footnotes at end of table, pp. 448 and 449.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
EEPORT OF THE COMPTROLLER OP THE CURRENCY 441
1984, dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 31,
Disposition of proceeds of liquidation—Continued
Securedand pre-ferredliabili-
ties paidexcept
throughdivi-
dends, in-cludingoffsets
allowed
Dollars148, 015157, 72063, 611
106,49090, 296
398, 344127, 556254, 006164, 884
59, 228155, 430
105, 748286, 012
113, 57773, 325
51, 045553, 030
131, 034259,149404, 206
2, 624, 59686, 280
176, 366
142,968165,439164, 502
94,118185,028332,983113,971
265,088
196,352105, 279182, 241236,149
92, 579122,705
66,259115,21756,388
708,633
Cash ad-vancedin pro-tection
of assets
Dollars194
1,282
278
560294
2,998266
8131,103
77
20821,345
179762769238
3,322736
12, 634
2,7094761
1617
1,899691
338
163141105
271613
4115311
668
Conser-vators'
ex-penses
Dollars15, 29512, 64510,1936,942
10, 525
29,6518,234
24,1677,707
11, 70425, 475
1,4053,899
5,506
5,12933, 968
9,94717,34531,42267, 5006,897
17, 772
4,3796,500
11,278
7,61411,11845,8794,778
13,701
12, 2541,731
18,78226, 566
38,86816, 274
8,8195,017
34, 246
Receiv-ers' sal-aries,
legal andother
expenses
Dollars5,9285,0141,7893,5635,843
13, 2984,0877,6862,935
3, 2106,428
2,0509,543
10, 4122,817
2,51414, 2353,5413,670i, 0574,577
13,6192,6763,840
4,0443,1404,141
2533,4137,135
12, 2662,205
4,810
4,7444,8413,4565,003
299
2745,7034,239
9772,9931,618
5,877
Cash inhands
of comp-trollerand re-ceivers
Dollars128,16856,15524, 90336, 53142, 093
123, 80379, 41025, 48317, 547
57,45570,169
17, 459135, 987
48, 58416,487
3,44449, 97876, 38330, 93549, 426
117,64743, 40148, 91344, 227
85, 54024,30641,53914, 5829,511
34,397166,13029,354
40,086
24,9358,597
53,18047,4343,076
3,26858,42881, 679
1,900201, 39356, 260
77,965
Amountreturnedto share-holdersin cash
Dollars
Amountof claimsproved
Dollars1,871, 690
350, 860251, 063307, 520148, 226
1, 742, 930350, 868771,14788, 976
257, 344835, 891
489, 780433,858
200, 557163,186
54, 8301, 546, 931
300,148214, 745735, 578
1, 472, 3641, 766, 288
299, 448785, 049
501,124310,813136,49521,136
123,138326,491934,754114,457
548,305
271,985348,314430, 627742, 275
61,6561,488, 261
737,894
611, 567
1,414,280
Divi-dends(per-cent)
9 609 509 60s 78
73
9 259 409 30
9 609 35
15
4237.5
9 609 359 509 609 409 60
9 509 50
40
33.33339 509 509 20
9 15
9 859 509 459 40
9 509 60
9 55
Interestdivi-
dends(per-cent)
Date finallyclosed or
restored tosolvency
Oct. 12,1934
2750275127522753275427553756275727582759
276027612762
276327642765
376627672768?,769277027712772277327742775277627772778277927802781978?2783278427852786378727883789
279027912792279327942795279627972798279928002801280238032804380528062807
2808
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
442 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. 31,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and193'4— Continued
Name and location of banksCapitalstock atdate offailure
Date re-ceiver ap-pointed
Book valueof assets
at date offailure,
estimatedgood
Book valueof assets
at date offailure,
estimateddoubtful
2810
2811281228132814
2815281628172818281928202821282228232824282528262827
2828282928302831283228332834283528362837283828392840
28412842
2843284428452846284728482849285028512852285328542855285628572858
2860
28612862
28642865
Tower City National Bank, Tower City, Pa.7—First National Bank & Trust Co., Frackville,
Pa.7
First National Bank, Mott, N. Dak.7
Carrollton National Bank, Carrollton, Ky.7
First National Bank, Oxford, N. Y.7
Whitman County National Bank, Rosalia,Wash.7
East Berlin National Bank, East Berlin, Pa . 7 . . .First National Bank, Naperville, 111.7
Lee County National Bank, Marianna, Ark.7.—First National Bank, Bradford, Ohio 7
First National Bank, Indiana, Pa.7
First National Bank, Elton, La.7
Planters National Bank, Fredericksburg, Va.1.—City National Bank, Goshen, Ind.7
First National Bank, Beaver Falls, Pa.7
First National Bank, Midland, Md.7
National Bank of Commerce, Lorain, Ohio 2 7_ —Peoples National Bank, Bronson, Mich.7
Hewlett-Woodmere National Bank, Woodmere,N. Y.7
Lincoln National Bank, Lincoln, 111.7
Peoples National Bank, Lakewood, N. J.7
Coldwater National Bank, Coldwater, Mich. 7 . .Hancock County National Bank, Carthage, 111.7.Commercial National Bank, Philadelphia, Pa.7 .First National Bank, Charleroi, Pa.7
First National Bank, Clifton Heights, Pa.7
American National Bank, Marshfield, Wis.7
First National Bank, Hartford City, Ind.7
Farmers National Bank, Crystal Lake, Iowa 7__First National Bank, Antigo, Wis.7
Langlade National Bank, Antigo, Wis.7
American-First National Bank, Mount Carmel,111.7
First National Bank, Breese, 111.7
First National Bank & Trust Co., Ford City,Pa.7
First National Bank, Tigerton, Wis.7
Citizens National Bank, Winterset, Iowa 7
First National Bank, Frostburg, Md.7
First National Bank, West Concord, Minn."First National Bank, Saegertown, Pa.1
Aurora National Bank, Aurora, 111.7
First National Bank, La Junta, Colo."First National Bank, Secaucus, N. J.7
First National Bank, Tuscumbia, Ala.7
First National Bank, Howell, Mich.7
Ocean City National Bank, Ocean City, N. J.7.First National Bank in Sea Bright, N. J.7
First-Farmers National Bank, Arcanum, Ohio 7 -Herkimer National Bank, Herkimer, N. Y.iFirst National Bank, Mingo Junction, Ohio 7__.First and Tri State National Bank & Trust Co.,
Fort Wayne, Ind.iFirst National Bank, Darlington, Wis.7
Northwestern National Bank & Trust Co., Phil-adelphia, Pa.7
First National Bank, Dalhart, Tex.7
First Natilnal Bank of Mt. Healthy, MountHealthy, Ohio.7
First National Bank, Belleyue, Iowa 7
National Bank of Ionia, Mich.7
First National Bank, Millen, Ga.7
Dollar,50,000
125,000
50,00060,000100,00050,000
Apr. 20,1934Apr. 23,1934
.-doApr. 25,1934...do— d o
25,00075,00080,000125,000200,00050,000100,000 M;100,000150,00025,000150,00050,000
50,000
150,000
Apr. 26,1934Apr. 27,1934May 1,1934_-.doMay 2,1934--.do
ay 3,1934May 8,1934---do
May 9,1934do
Dollars963,013663,619
520,149430,987558,015322,393
. 444,432382,808504,845347, 415
2, 418, 54747,084
Dollars564,076
1,189,407
132,727343,184442,47246,000
413,534354,973168,244232,426
2, 263, 79661,299
676,052876,082155, 387
. . .do
. . .do
May 10,1934150,000 May 14,1934
May 15,1934May 22,1934
dodo__.
100,000140,000
2,000,00050,00050,000
150,00075,00025,000
100,000100,000100,000
May 23,1934ddo
May 31,1934do
-do_
50,000-__dc125,000 June 4,1934
40,000200,000
_do.do
50,000 . . . . d o50,000 June 6,193425,000-.. .do
300,000 June50,000
100,00075,000
100,000100,00050,000
18,1934dodododododo
100,000 June 21,193'dodo
000 June 22,193'
200,00025,000
2, 250,"
75,000 June 25,1934500,00C
75,00075,000
75,00C150,000
25,00C
-do.
_do__do_
__-doJune 26,193'—do
218, 580388,872
816, 114929, 000417, 276327,739
7, 091,0051,033,488
916,1201,371, 794
289, 28295, 670
422, 843331, 227796, 647
187, 797688, 321
174, 221336,585774, 463238,122
2,4602, 287,466
330,451438,188218,392298,736568,896226, 576178, 542685, 312321,480
16, 302
470,8984, 207, 658
164,838672,880
405, 618545,79171,422
511, 560734,264134,847
122.166842,187
840, 4391, 211, 395
436,085239,223
8,935, 502913,814643,143357, 214182,48738,091
742,953739,801
1,156, 602
52, 5241,182,210
150,230309,032707, 322154,62322,165
611,71788, 594
1,062, 788185,468310,098235,99759,148
230,671351,91504, 37'880,022
357,4022,988, 575
317, 539374, 696
246,463928,139
36.045
Footnotes at end of table, pp. 448 and 449.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 443
1934, dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 31,
Bookvalue ofassets atdate offailure,
estimatedworthless
Dollars13,456
200
48798, 65713,1244,445
5l, 1346,879
74,063255,40618,478
37,36028,18316,977
3,7132,289
113,331165,98121,956
313, 329718, 203447,158295, 83667,36326, 66419, 835
153,43864, 796
136,035
5,30545, 633
16, 11182, 243
204,93322,4273,872
313, 71729, 668
1,10590,94222, 53870, 83279,14947, 558
161,66030, 874
942,249
32, 6351, 806,683
64,64051, 283
7640, 76811, 394
Addi-tionalassets
receivedsince dateof failure
Dollars200
3,145
6,80826, 7132,453
73, 250
67,11424,89085,025
426, 2331,033
66,537
17
8,5093,660
64,843
50, 580263, 20421,150
14,33528, 35317,17613, 60454, 322
471
913
3,52321,401
176, 265
247,21077, 766
13,8004,810
200, 000
647, 540
41
7,(K>I
Totalassess-mentuponshare-holders
Dollars50,000
125,000
60,000100, 00050,000
25,00075,00080,000
200,00025,000
100,000100,000150,00025,000
50,00050,000
150, QO0150,000100,000140,000
2,000,00050,00050, 000
75, 000
100,000100, 000100,000
50,000125, 000
40,000200,00050,00050,00025,000
300,00050, 000
75,000100,000100, 00050,000
100,000200, 00025, 000
75,000500,000
75,00075,000
150,000
Total assetsand stock
assessment
Dollars1,590,7451,981,371
660,171959, 541
1,116, 064496,088
950,080888,805844,993653,904
5, 563,982152,894100,000
1,391,5091, 788,529
332, 228
402,9681, 287,008
1,984,7272, 456,376
975,3171,070, 871
19,007,9142,465.6101,905, 0991,810, 706
601, 786170, 772
1,432, 8381, 290,1462,189, 755
296, 5392,041,164
384, 085949, 261
1, 912,983465,17253,497
3,760,110576,479
1, 502, 081583, 602736,182975, 725414, 873556, 771
1, 598, 887881, 731
1, 838, 573
935, 93510,150,456
622,0171,173,859
652,1981, 664, 698
125,912
Progress of liquidation to date of this report
Cash col-lections
from assets
Dollars990,762863,303
456,045323,775450, 032157,594
431, 275404,600238,380290,878
2, 347,84031, 734
636,150
72, 262
130,971310,219
820, 308
265,158
932,965
1,116, 56198, 34455, 329
406, 390216, 580381,389
178,022
259, 224346,152
281,983
197, 557
185, 689
327,018
53,933
Cash col-lections
fromstockassess-ment
Dollars6,775
21,320
20, 34938,320
625
16,92514,695
131
34, 5942,250
3,325
11,5755,585
32,632
6,558
2,700
625
11,81134,5673,800
4,600
1,7506,500
1,200
Receiver-ship earn-ings, cash
collec-tions frominterest,premi-
ums, rent,etc.
Dollars33,36938,410
20,09217,92921, 79211,666
9,53423,84024, 59220, 27593,812
2,583
35, 745
7,372
10.16439,153
45,990
23, 202
63,367
42, 42714,948
9185,923
43, 75211, 642
6,419
20, 50927, 880
17, 208
12, 449
5,349
19, 532
4,403
UnpaidbalanceB. F. C.
loan
Dollars
179,223
153,600
54,838161, 58276,982
423,954
66,731
86, 216
58,185
354,229
83,878
64, 910
39, 554
75, 572
Offsetsallowed
andsettled
Dollars36,74073,752
21, 50142,24047,33932,064
106, 67856,16760, 62730,030
126, 5793,979
57,685
12,699
27, 69066, 220
26, 725
32,920
89,453
75, 76822. 3458,462
34, 29815,464
6,193
38, 25426, 874
39,181
22, 748
12,794
30,061
6,837
28092810
2811281228132814
?815281628172818281928202821282228232824282528262827
2828282928302831283228332834283528362837283828392840
28412842
2843284428452846284728482849285028512852285328542855285628572858
28592860
28612862
286328642865
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
444 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. 31,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and1984—Continued
28092810
2811281228132814
2815281628172818281928202821282228232824282528262827
2828282928302831283228332834283528362837283828392840
28412842
2843284428452846284728482849285028512852285328542855285628572858
28592860
2861
286328642865
Progress of liquidation to date of this report—Continued
Total col-lectionsfrom allsources,
includingoffsets al-lowed and
unpaidbalanceK. F. C.
loan
Dollars1,067,6461,176,008
497, 638557,893557, 483201,949
564,412554,140485, 312418,165
3, 026,77940,546
796, 311
95, 658
180,400421,177
1,011,871
386, 023
1, 442, 714
1,318, 634136, 26264, 709
424,124329,197412, 295
195, 234
384, 647407, 406
338, 372
272, 308
205, 032
452,183
65,173
Loss onassets com-poundedor soldunder
order ofcourt
Dollars38,397
177,003
3,5958,035
40, 253363
25,44323,428
15,000193, 528
7,888
. 9,930
33,774
153
337
100
2,379
112
24, 500
16, 217
9,738
Book valueof remain-ing uncol-
lectedassets
Dollars474, 846742, 313
179,030525,491478,440256,067
361, 684329, 610465, 986317,996
2, 696,03592,181
589, 7861, 638, 529
222, 267
194,307860, 569
977, 7642, 306, 376
875, 317632, 793
17,007, 9141, 359, 4181,855,099
618, 224406, 097106, 981926, 448938, 931
1, 692, 902
62, 2241,916,164
344,085449, 404
1,489,957415,172
28, 4973, 460,110
205, 2031, 502,081
263, 797636,182875, 725364,873242,071
1,398, 887856, 731
1,838, 573
860,9359, 650, 456
547,0171,098,859
285,3811, 514, 698
65,142
Bookvalue ofremain-ing un-
collectedstock as-sessment
Dollars43,225
103,680
39, 65161,68049, 375
8,07560, 30579, 869
165,40622, 750
100,000100,000150,000
21, 675
38,42544,415
117, 368150, 000100,000133, 442
2, 000, 00047, 30050,000
74, 375
88,18965, 43396, 200
45,400125, 000
40, 000198, 250
43, 50050,00025, 000
300, 00050,000
75,000100,000100,00050,00098,800
200,00025, 000
75, 000500, 000
75, 00075, 000
150,000
Bookvalue ofassets
returnedto share-holders'agents
Dollars
Disposition of proceeds of liquidation
Conservators'distributions
To se-cured
creditors
Dollars9 27, 2689 1,472
9 23, 788
9 8, 8929 30, 614
9 42,931
9 109,014
9 185, 360
9 105, 331
9 1, 234
To un-securedcreditors
Dollars9 782,4599 810,997
9 328,187
9 195, 3709 131,3349150,4759 131,107
9 1,775, 475
9 307,609
9 346, 842
9 136,476
9 647,935
9 453, 978
9 215, 672
9 126, 279
9 125, 967
9 80,671
9 249,304
Dividends paidby receivers
On se-curedclaims
Dollars
On un-securedclaims
Dollars
296,648
Footnotes at end of table, pp. 448 and 449.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 445
1934, dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 31,
Disposition of proceeds of liquidation—Continued
Securedand pre-
ferredliabili-
ties paidexcept
throughdivi-
dends, in-cludingoffsets
allowed
Dollars181,897265,128
109,632178,07347,339
102,487
250,919355,970285,529221,925992,772
16,598
390, 606
60,813
98,974329,334
385, 556
217, 507
530, 600
670, 23594, 07650, 986
138, 575179, 904354, 373
48,114
115,221312, 807
185, 361
113, 206
88,406
168, 794
54,148
Cash ad-vancedin pro-tection
of assets
Dollars977139
11,961726775
246143123891
1,667
99
3226
475
1,214
27799
1,298
1,458
317
107330
948
130
357
Conser-vators'
ex-penses
Dollars16,63926,653
10,97814,16914, 375
202
9,62320, 34925,00411,18772,9185,794
27,188
7,124
9,73728, 222
29, 343
18,960
35, 515
28, 61514, 009
29, 50435, 439
538
5,334
36, 83625, 737
1,983
12, 588
12, 706
6,939
Receiv-ers' sal-aries,
legal andother
expenses
Dollars2,8063,630
1,3867,6192,7433,069
2,7673,9983,7682,195
10,6861,284
4,037
1,998
2,2395,225
6,113
2,859
9,884
4,5492,186
7815,4935,1275,012
1,240
3,1944,361
2,184
14, 803
1, 509
1,353
684
Cash inhands
of comp-trollerand re-ceivers
Dollars55,60067,989
23,66749, 423
492, 30095,416
105,48742,34620,41341,968
142,64716,870
23,841
25, 723
69,44758,170
135, 003
9,746
32, 206
55,89925,19212, 942
249, 254108, 727
50, 914
140, 229
12, 38364,171
21.617
18, 202
21,501
20,026
3 409.
Amountreturnedto share-holdersin cash
Dollars
Amountof claimsproved
Dollars1,141,696
109,396593,299766,724210,455
809,411375, 241582,282233,138
4,575,521
548,556
992, 088
545, 536
1, 439,851
756, 629
14, 704
171,917
423, 460
258, 852
288, 604
229,182
359, 972
5 874
Divi-dends(per-cent)
9 709 65
9 7550
9 359 359 459 609 50
9 50
9 35
»25
9 45
9 60
^ 50
S60
9 45
9 35
9 70
Interestdivi-
dends(per-cent)
Date finallyclosed or
restored tosolvency
Oct. 22,1934
?,8092810
2811281228132814
281538162817381828193820282138222823?,824282528262827
3828?,82928302831283238332834283538362837383828393840
38413842
28432844284528463K47384828493850285138523S5328542855385628573858
38593860
3F612862
286338643865
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
446 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. 31,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and1934—Continued
Name and location of banksCapitalstock atdate offailure
Date re-ceiver ap-pointed
Book valueof assets
at date offailure,
estimatedgood
Book valueof assets
at date offailure,
estimateddoubtful
Burnside National Bank, Burnside, Pa.7
Ticonic National Bank, Waterville, Maine iSecurity National Bank, Clinton, Okla.7First National Bank, Chickasha, Okla.7First National Bank, Livingston, 111.7First National Bank, Hooversville, Pa.7
Citizens National Bank, Hooversville, Pa.7
National Bank of Ashland, Nebr.7
Citizens National Bank, West Alexander, Pa.7_.First National Bank, Lima, Mont.a 12
Merchants & Farmers National Bank, Char-lotte, N. C.7.
Farmers National Bank, Haviland, Ohio1
First National Bank, Forest City, Pa.7
Farmers & Miners National Bank, Forest City,Pa.7.
Second National Bank, Erie, Pa.7
Citizens National Bank, Faribault, Minn.7
Valley National Bank, Green Lane, Pa.7
American National Bank, Lincoln, 111.1Southwestern National Bank, Philadelphia, Pa.7.First National Bank, Bridgeville, Pa.7
First National Bank, Scribner, Nebr.7
First National Bank, Foley, Minn.7
National Bank of Shawneetown, Shawneetown,111.7.
First National Bank, Patton, Pa.7
First National Bank, Bethesda, Ohio7
First National Bank, West Milton, Ohio7
National Bank of Pontiac, 111.7First National Bank, Clinton, Ky.7
Sixth National Bank, Philadelphia, Pa.7
First National Bank, East Rochester, N. Y.7...Crystal Falls National Bank, Crystal Falls,
Mich.7.Iron County National Bank, Crystal Falls,
Mich.7
Farmers National Bank, Hodgenville, Ky.1
Merchants National Bank, Pottsville, Pa.7
First National Bank, Malvern, Ark.7
First National Bank, Greene, N. Y.1
Farmers National Bank & Trust Co., Bedford,Pa.7.
First National Bank & Trust Co., Bedford, Pa.7
Reading National Bank & Trust Co., Reading,Pa.7.
Citizens National Bank, Greenwood, Ind.7
First National Bank & Trust Co., Hamburg, Pa.7
Ozone Park National Bank, New York, N. Y.7First National Bank, Rockwood, Tenn.7
Dollars50,000
200,00050,000
200,00025,00025,00025,00060,00025,00025,000
une 26,1934une 28,1934. . .douly 5,1934
douly 12,1934uly 12,1934ruly 16,1934
doruly 19,1934
200,000 July 24,1934
25,000150,00050,000
Aug. 9,1934Aug. 10,1934
do
500,000 Aug. 13,1934lAug. 14,1934)Aug. 15,1934~ _do.
80,00050,000
150,000300,000 Aug. 17,193450,000 Sept. 20,193425,000 do25,000 do25,000 Sept. 21,1934
200,00025,00030,00050,00050,000
150,000Oct
do—.do
doSept. 26,1934
do300,000 Sept. 29,193410,1934
.do50,000
100,000
Dollars76,44965,973
332,025957, 72799,055
289, 771191,194
4 266,895170,1064 92, 742
1, 679,218
3,632487,876704,245
4,358,088464,825
4 543, 3101,374
4 1,871,1994 613,846
356,76598,039
4 212,603
41,942,8294 525,3634 220,8914 908,975
217, 6664 4, 378, 72741,292,436
4 514, 264
Dollars90,486
454,874231, 727
74, 369135, 766171, 578144, 275
179, 695
434, 552
13, 287930,256306,729
5,907, 387861,939
278,573
332, 370169, 761
133, 84
4 929,479
110,000125,00025.00C50,00C
150,00C
150,00C600,00C
25,00C125,00C200,00C
80,00C
.do..Oct. 12,1934Oct. 15,1934Oct. 20,1934Oct. 26,1934
.do..
4 2,117, 7354154,605
Oct. 27,1934
Oct. 29,1934Oct. 30,1934
do.do . .
4798, 717
4 1 , 358, 9584 9,176,992
4 231,89541,144,31041,496, 28941,118, 651
Grand total (1,635 receiverships)
Total active (1,543 receiverships)Total finally closed (92 receiverships13)._.Total 1934 failures (394 receiverships)
240, 795,Q8t 1,025,274,137 1,307,438,338
231,870,08£13 8,925,00C
56, 525,00C
1,003,953,729 1
21,320,408
289, 923,373
,293,875,728
13, 562, 611
256, 551, 37€
Footnotes at end of table, pp. 448 and 449.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 447
198A, dates of appointment of receivers and final closing, with nominal aomunts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 31.
Bookvalue ofassets atdate offailure,
estimatedworthless
Dollars12,060
226,33914,920
165,498186
9,5088,581
6,633
405, 596
21.955174, 252
8,491
750, 37073, 808
136, 806
95, 71244, 065
49, 450
323,196, 527
317, 499,004
5, 697, 523
48, 678, 033
Addi-tionalassets
receivedsince dateof failure
Dollars
13,23329,984
530
1,023, 652
44, 248
14, 437
116, 976, 258
112, 892, 954
4,083, 304
20, 409, 715
Totalassess-mentuponshare-holders
Dollars50,000
200,00050,000
200,000
25. 00025.00060,00025,000
200,000
150, 00050,000
500,00080,00050, 000
150,000
25,000
25,66630,000
50,666300,000
56,666
100,000
215,638,835
212,063,835
3, 575,000
40, 938, 750
Total assetsand stock
assessment
Dollars228,995947,186641,905
1,427,578235,007495, 857369,050326, 895381, 964
92, 7422, 719, 366
38, 8741, 742, 3841,069, 465
12, 539, 4971, 480, 572
593, 310566, 753
1, 871,199613,846854,095311, 866212, 603
1, 942, 829550, 363250, 891908, 975465, 398
4, 678, 7271, 292, 436
564, 264
1,029, 479
2,117, 735154, 605
798, 717
1, 358,9589,176, 992
231, 8951,144, 3101, 496, 2891,118, 651
2,988,524,095
2,940,285,250
48, 238, 845
656, 501, 247
Progress of liquidation to date of this report
Cash col-lections
from assets
Dollars32,298
218, 350285, 301
35
1,076,358,894
1,049,133,382
27, 225, 512
171, 780, 302
Cash col-lections
fromstockassess-ment
Dollars1,675
73, 609, 684
71, 625, 746
1, 983, 938
8, 065, 482
Receiver-ship earn-ings, cash
collec-tions frominterest,premi-
ums, rent,etc.
Dollars416
20, 7252,553
188
59,047, 996
57, 572, 588
1, 475, 408
9, 111, 347
UnpaidbalanceR. F. C.
loan
Dollars
127,647,259
127,647,259
31, 890, 022
Offsetsallowed
andsettled
Dollars
32,64610,976
133,663,298
130,759,293
2, 904, 005
19, 065, 592
28662867286828692870287128722873287428752876
287728782879
288028812882288328842885288628872888
28892890289128922893289428952896
2897
28982899290029012902
29032904
2905290629072908
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
448 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46.—National banks in charge of receivers during year ended Oct. 31,total assets at date of failure and additional assets acquired subsequent thereto,offsets allowed and earnings, together with the disposition of such collections, and1934—Continued
28662867286828692870287128722873287428752876
287728782879
28802881288228832884288528862887?888
28892890289128922893289428952896
2897
?8982899290029012902
29032904
2905290629072908
Progress of liquidation to date of this report—Continued
Total col-lectionsfrom allsources,
includingoffsets al-lowed and
unpaidbalanceR. F. C.
loan
Dollars34,389
271,721298, 830
223
1,470,327,131
1,436,738,268
33, 588,863
239, 912, 745
Loss onassets com-poundedor soldunder
order ofcourt
Dollars
156, 679, 307
142, 362, 234
14, 317, 073
7, 521, 569
Book valueof remain-ing uncol-
lectedassets
Dollars146, 697747,186340,909931, 301235,007470, 857344, 050266, 895356, 964
92, 7422, 519, 366
38, 8391, 592, 3841, 019, 465
12, 039, 4971, 400, 572
543, 310416, 753
1,871,199613, 846829, 095311,866212, 603
1, 942, 829525, 363220, 891908, 975415, 398
4, 378, 7271, 292, 436
514, 264
929, 479
2,117, 735154, 605
798, 717
1, 358, 9589,176 992
231,8951,144, 3101, 496, 2891,118, 651
1,405,966,506
1,405,966,506
417,195.034
Bookvalue ofremain-ing un-
collectedstock as-sessment
Dollars48,325
200,00050,000
200,000
25,00025, 00060,00025, 000
200,000
150,00050, 000
500, 00080,00050, 000
150, 000
25, 000
25, 00030, 000
50,000300,000
50,000
100,000
#
142, 029,151
140,438,089
1, 591, 062
32, 873, 268
Bookvalue ofassets
returnedto share-holders'agents
Dollars
217, 255
217, 255
Disposition of proceeds of liquidation
Conservators'distributions
To se-cured
creditors
Dollars
20, 255, 292
20, 255, 292
13, 410, 942
To un-securedcreditors
Dollars
165,807, 781
165, 807, 781
81, 518, 734
Dividends paidby receivers
On se-curedclaims
Dollars
36,003, 211
33,759,130
2, 244,081
422, 679
On un-securedclaims
Dollars
535,843,177
523,040,731
12,802,446
17,182, 606
i Receiver appointed to levy and collect stock assessment covering deficiency in value of assets sold, orto complete unfinished liquidation.
> Restored to solvency (28 banks).* Dividends of 60 percent and 100 percent paid through purchasing bank to assenting creditors and non-
assenting creditors respectively in accordance with agreements.* Preliminary figures subject to revision.5 Suspended under terms of bank holiday proclamation without subsequent appointment of conservator.6 Licensed banks found insolvent and immediately placed in receivership (4 banks),7 Formerly in conservator ship. IDigitized for FRASER
http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
EEPORT OF THE COMPTROLLER OF THE CURRENCY 449
1934, dates of appointment of receivers and final closing, with nominal amounts ofcapital stock and stock assessments, amounts collected from all sources, includingvarious other data indicating the progress or results of liquidation to Oct. 31,
Disposition of proceeds of liquidation—Continued
Securedand pre-
ferredliabili-
ties paidexcept
throughdivi-
dends, in-cludingoffsets
allowed
Dollars10,154
196, 629175, 603
223
579,516,314
563,074,661
16, 441, 653
96, 059, 406
Cash ad-vancedin pro-tection
of assets
Dollars
737175
16,983,670
16,747,831
235,839
703, 996
Conser-vators'
ex-penses
Dollars
18, 25446, 396
7,274,632
7,274,632
4,859,441
Receiv-ers' sal-aries,
legal andother
expenses
Dollars1,007
2,6704,826
43,771,061
41,916,309
1, 854, 752
2, 554, 740
Cash inhands
of comp-trollerand re-ceivers
Dollars23, 228
53, 43171, 830
64,861,901
64,861,901
23,200,201
Amountreturnedto share-holdersin cash
Dollars
10,092
10,092
Amountof claimsproved
Dollars23, 927
949,902
13, 057
1,579,431,530
1,555,940,527
23,491, 003
201, 202, 090
Divi-dends(per-cent)
Interestdivi-
dends(per-cent)
Date finallyclosed or
restored tosolvency
28662867
?M92870287128722873287428752876
287728782879
?88028812882288328842885
2887
? m
289028912892
289428952896
2897
28982899
woo29012902
29032904
2905290629072908
s Including dividends paid through or by purchasing bank.9 Dividends paid through or by purchasing bank.i° 106.5 percent principal and interest in full paid nonassenting creditors by Comptroller's checks and 100
percent principal paid assenting creditors by purchasing bank in accordance with agreements.11 Licensed banks closed through revocation of license with appointment of conservator, subsequently
found insolvent and placed in receivership (4 banks).12 Federal Deposit Insurance Corporation appointed as receiver in accordance with terms of Banking Act
of 1933 (1 bank).13 Includes 28 receiverships restored to solvency with capital of $3,985,000,Digitized for FRASER
http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
450 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 46-A.—District of Columbia State chartered banks and banks incor-troiler of the Currency, in charge of receivers during year ended Oct. 31, 1934, datesat date of failure and additional assets acquired subsequent thereto, capitalallowed and earnings, together with the disposition of such collections, and various
la
2a
3a4a5a6a7a8fl
9a
10a
lla
12a
13a
14a
Name and location of banks
International Exchange Bank, Washington,D. C.
North Capitol Savings Banks, Washington,D. C.
Bank of Brightwood, Washington, D. CDepartmental Bank, Washington, D. CContinental Trust Co., Washington, D. C.i._Park Savings Bank, Washington, D. C.2Northeast Savings Bank, Washington, D. CAChevy Chase Savings Bank, Washington,
D. C.2Washington Savings Bank, Washington,
D. C.2Seventh Street Savings Bank, Washington,
D. C.2Potomac Savings Bank of Georgetown,
Washington, D. C.2United States Savings Bank, Washington,
D. C.2Woodridge-Langdon Savings & Commercial
Bank, Washington, D. C.2Industrial Savings Bank, Washington, D.C.2
Grand total (14 receiverships)
Progress of liquidation to date of thisreport—Continued
la
2a
3a4a5a6a7a8a
9a
10a
l la
12a
13a
14a
Loss onassets com-
poundedor soldunder
order ofcourt
Dollars2,679
2,682
99,91089,018
3,01275, 56561,123
20,163
11,195
108,097
2,643
476,087
Bookvalue of
remaininguncollect-ed assets
Dollars429,719
983, 240
441,228308,288
2, 264,5541,571,248
612,102309, 585
360,556
875,401
1,562, 688
1,835,409
312,687
539,920
12,406,625
Bookvalue of
remaininguncol-lected
stock as-sessment
Dollars97,245
70,102
42,33653, 647
100,00090, 603
92, 700
139,710
686,343
Capitalstock atdate offailure
Dollars116,830
90,000
100,000106,060
1,000, 000100,000100,000100,000
100,000
100,000
140,000
100, 000
50,000
50,000
2, 252,890
Date receiverappointed
July 14,1932
do
July 16,1932July 22,1932Feb. 28,1933July 13,1933Nov. 15,1933
do .
Dec. 7,1933
Dec. 21,1933
Jan. 18,1934
Feb. 10,1934
Apr. 9,1934
Sept 20,1934
Book value of assets at dateof failure
Esti-matedgood
Dollars166, 111
409, 535
442,330805,820144,697
1,154,8321,090,506
478, 357
309, 762
1,033,907
1,899,889
1, 799,153
381,130
* 539,920
10, 655, 949
Esti-mated
doubtful
Dollars426, 556
344,855
379,920247,267889,763
1,063,091642, 012484,949
389,837
645,038
1,218,410
884, 604
195,142
7,811, 444
Esti-matedworth-
less
Dollars110,368
476,838
133, 57465, 780
1,264,071338,461
5,6991,671
12,305
45,459
170,663
66, 641
6,029
2, 697, 559
Disposition of proceeds of liquidation
Conservators'distributions
To securedcreditors
Dollars
410, 750
10,750
To unse-cured
creditors
Dollars
* 528,069* 462, 957
* 172,1504 522,715
* 1,017, 060
* 162,882
2,865,833
Dividends paid byreceivers
On securedclaims
Dollars34,466
34,466
On unse-curedclaims
Dollars112,625
234,193
435,784616,168
69,947
<)83 053
2,451,770
8fe
pat
diii
Securedmd pre-rred lia-bilitiesid excepthroughvidends,icludingoffsetsallowed
Dollars144,007
171,284
103, 491171, 65555,932
1,058,767534,497110,343
200,973
467,169
991,039
715,507
174, 692
4,899,356
1 Receiver appointed to levy and collect stock assessment covering deficiency in value of assets sold, orto complete unfinished liquidation.
2 Formerly in conservatorship.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 451
porated under the laws of the District of Columbia, under the supervision of the Comp-of appointment of receivers and final closing, with nominal amounts of total assetsstock and stock assessments, amounts collected from all sources, including offsetsother data indicating the progress or results of liquidation to Oct. 31, 1984
Addi-tionalassets
receivedsince
date offailure
Dollars6.045
77,983
54,41058,01512,618
410, 75162,78711,668
22,951
46,170
93, 510
39, 680
3,004
899, 592
Totalassess-mentuponshare-holders
Dollars116,830
90,000
100,100106,060
100,000100,000
100,000
140,000
852, 990
Totalassets and
stockassessment
Dollars825,910
1,399,211
1,110, 3341,282,9422,311,1493,067,1351,901,004
976,645
734,855
1,870, 574
3, 522,472
2, 790, 078
585, 305
539, 920
22, 917, 534
Progress of liquidation to date of this report
Cashcollec-tionsfromassets
Dollars197,076
260,851
392,844761,52237,478
1,066,9311,038,932
549,447
309, 471
759, 537
1, 395, 369
826,963
241,104
7,837, 525
Cash col-lections
fromstockassess-ment
Dollars19, 585
19,898
57, 76452,413
9,397
7,300
290
166, 647
Disposition of proceeds of liquidation—Con.
Cashadvanced
in pro-tection
of assets
Dollars5
52,72,8
63,0
11,91
8
2,0
13,91,6
69
17
9922038841
73
46
13
16
90,387
Conser-vators'
expenses
Dollars
20,12725,30111,169
12,751
17,198
56,517
34,080
9,946
187, 089
Receivers'salaries,
legaland otherexpenses
Dollars32,774
50,851
35,19040, 2208,290
62,15529,1863,801
14,177
11,859
23,159
26, 332
2,294
340,288
Cash inhands of
comptrol-ler and
receivers
Dollars5,154
25,338
10, 76024,48114, 284
273,603102,10247,269
13,092
102,963
41, 209
14,637
31, 022
705,916
Receiver-ship earn-ings, cashcollectionsfrom inter-
est, pre-miums,
rent, etc.
Dollars11,228
36,696
28,86421,15734, 91433,76559,16229,602
23,877
44,893
85,059
66,966
22, 538
498, 721
Amountof claimsproved
Dollars464,040
937,650
792,373769,996
1, 053, 803666,597
345, 717
1, 046,483
2,034,906
1, 512, 388
326,057
9, 950, 010
UnpaidbalanceR.F. C.
loan
Dollars22,100
154,500
32,400
37,400
116,700
187, 779
345,861
753, 590
88, 323
1, 738, 653
Divi-dends(per-cent)
31. 6666
25
5580
4 50^60
no4 50
<50
65
4 50
Offsetsallowed
andsettled
Dollars79,606
62,438
76,25218,0549,117
325,94474,40556,490
44,665
124, 441
316, 318
127,706
28, 871
1,344, 307
Interestdivi-dends(per-cent)
Total col-lectionsfrom allsources,
includingoffsets al-lowed and
unpaidbalance
R .F . C. loan
Dollars329,595
534,383
588,124853,14681,509
1,426,6401,219,296
635, 539
494,713
1,123,950
2,142,897
1,775,225
380,836
11, 585,853
Date finallyclosed or
restored tosolvency
la
2a
3a4a5a6fl7a8R
Qfl
10a
lla
12a
13a
14a
la
2a
3a4a5a6a7a8a
9a
10a
l l a
12a
13a
14a
* Including dividends paid through or by purchasing bank.• Dividends paid through or by purchasing bank.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
452 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 47.—National banks restored to solvency after having been placed incharge of receivers
He-ceiv-er-
shipno.
I l l1C3200203208209215220223224232233242300318343374
401403416417418473498507529539544550553555
556561562566572584595604608609622627631636637639641647690705712730750786790792793826828900940953956
10561086111811431163123312711301131113151377
Title and location of bank
Abington National Bank, Abington, MassFarley National Bank, Montgomery, AlaFirst National Bank, Arkansas City, KansCity National Bank, Brownwood, TexCitizens National Bank, Spokane Falls, WashFirst National Bank, Philipsburg, MontBozeman National Bank, Bozeman, MontMontana National Bank, Helena, MontFirst National Bank, Great Falls, MontFirst National Bank, Kankakee, 111 ._.First National Bank, Orlando, FlaCitizens National Bank, Muncie, IndFirst National Bank, Port Angeles, Wash _.State National Bank, Denver, Colo . .American National Bank, Denver, Colo._First National Bank, Sioux City, IowaHampshire County National Bank, Northampton,
MassSeventh National Bank, New York, N. YFirst National Bank, Austin, TexBoliver National Bank, Boliver, PaFederal National Bank, Pittsburgh, PaFirst National Bank, Allegheny, PaFirst National Bank, Brooklyn, N. YUnion National Bank, Sommerville, PaFirst National Bank, Burnside, KyFirst-Second National Bank, Pittsburgh, PaMarion National Bank, Marion, KansFirst National Bank, Gallatin, TennAmerican National Bank, Pensacola, FlaFirst National Bank, Islip, N. YFarmers & Merchants National Bank, Mount Morris,
Pa.Union National Bank, Providence, KyFirst National Bank, Perry, ArkThird National Bank, Fitzgerald, GaWharton National Bank, Wharton, TexFirst National Bank, Casselton, N. DakFirst National Bank, Daytona, FlaFirst National Bank, Killeen, TexFirst National Bank, Streeter, N. DakState National Bank, Carlsbad, N. MexNocona National Bank, Nocona, TexFirst National Bank, Tombstone, ArizFirst National Bank, Lafayette, ColoFirst National Bank, Poplar, MontFirst National Bank, Lawton, OklaNational Bank of Hastings, Hastings, Okla _..First National Bank, Mohall, N. DakFirst National Bank, Ackerman, MissMerchants National Bank, Ada, OklaFirst 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, WyoFirst National Bank, Walhalla, N. DakCity National Bank, McAlester, OklaFirst National Bank, Volant, PaFirst National Bank, Libby, MontFarmers National Bank, Laurens, S. CFirst National Bank, Hardin, MontFirst National Bank, Steele, N. DakFirst National Bank, Granger, TexFirst National Bank, Warsaw, N. CStockmens National Bank, Nam pa, IdahoFirst National Bank, Hawarden, IowaFirst National Bank, Fort Branch, IndNational Bank of Ainsworth, Ainsworth, NebrFirst National Bank, Winter Garden, FlaTaylorville National Bank, Taylorville, 111First National Bank, Claxton, GaBrothethood of Railway Clerks National Bank, Cincin-
nati, Ohio
Receiverappointed
Aug. 3,1886Oct. 7,1891June 15,1893June 20,1893July 1,1893July 8,1893July 23,1893Aug. 2,1893Aug. 5,1893
do.Aug. 14,1893
doOct. 5,1893Aug. 24,1895July 26,1896Jan. 7,1897
MayJuneAug.Oct.Oct.Oct.Oct.Oct.Sept.JulyJan.Mar.Sept.Dec.
23,189827,19013,19011,190321,190322,190325.190716.190817.19097.191312,191425,19142.191430,1914
Feb. 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
.do.JuneJuneMar.Oct.Nov.Nov.Nov.Jan.Mar.MaySept.Oct.Feb.JulyOct.Dec.
23,192424.19247,19256,192521.192527.192523.192612.192717,192727,192715,19276.192827,192925,192918,19297.1929
June 26,1930
Date restoredto solvency
Feb.Feb.Feb.Dec.Dec.Jan.Nov.Dec.Mar.Dec.MayNov.Apr.Feb.Jan.Mar.
Mar.Nov.Jan.Oct.Dec.Dec.Feb.Jan.Dec.Apr.Jan.MayNov.Feb.
JulyApr.JuneJulyJan.Mar.Aug.Jan.Dec.JuneApr.Nov.Oct.Nov.MaySept.Sept.MayApr.Oct.Dec.MayJulyJulyOct.Dec.JuneMayApr.Sept.JulyMar.Sept.Jan.Aug.Mar.MayJulySept.Oct.Mar.Oct.Feb.Feb.
17,188715.18926.18955,1894
21.189329.189417,189311.189326.18944,1893
21,189417.189326.18941.18961.1897
16,1897
20,189912,19012.1902
15,19064.19037,1903
10.190828.190923,190925,191426,191414,191430.19148,1915
30.191515,191529,191519.191525.191615.191631.191710,19214,192220,192122,192110,192124.192128.192222,192223,19229,19228.192226.192229.19235.192313.192424,192421,19247.192516,19249.192431.192420.19253,192415.19256.192622.192622.192717,192722.192722.192815,192726.192716.192825.192930.19293,193021.1930
July 2,1930
Capitalstock
$150,000100,000125,000150,000150,00050,00050, 000500,000250,00050, 000150, 000200, 00050, 000300, 000500, 000100, 000
250,000500,000100,00030, 000
2,000,00035,000300,00050,00025, 000
3,400,00025, 00050,000300,00025,000
25, 00025,00025,00050,00030,00050, 00050, 00050,00025, 00075,00050,00025, 00025,00025, 000200,00025,00025,00025,000100,00050,00040,00050,00030, 00025, 00050,00050,00060,00040,00025,00050,00025,00040, 00050,00065,00025, 00035,00050,00075,00050, 00025,00035,00050,000150,00050,000
400,000
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OP THE COMPTROLLER OP THE CURRENCY 453TABLE NO. 47.—National banks restored to solvency after having been placed in
charge of receivers—Continued
Re-ceiv-er-
shipno.
137814081464148214831485149814991504170317061710171317161719174517511759176817811791180218161817182918381852186518941895190319041905191419201932194119521953196520062087
2126224022862309233023432370237323752376237923862393242924382447248624912503250425582564268126952708271027602825
Title and location of bank Receiverappointed
Date restoredto solvency
Capitalstock
First National Bank, Kimball, W. VaHartford National Bank, Hartford, KansFirst National Bank, Gastonia, N. CFirst National Bank in Harrison, ArkFirst National Bank, Ayden, N. C .First National Bank, Eureka Springs, ArkFirst National Bank, Green Forest, ArkFirst National Bank, Holly Grove, ArkFirst National Banjk, Dardanelle, ArkFirst National Bank, Richwood, W. VaFirst National Bank, Fleischmanns, N. YSan Angelo National Bank, San Angelo, Tex—_Ashland National Bank, Ashland, KyFirst National Bank, Newton, IowaNational Exchange Bank, Weston, W. VaFirst National Bank, Fennimore, WisFirst National Bank & Trust Co., Merchantville, N. J._First National Bank, Terra Alta, W. VaFirst National Bank, Lake Village, ArkTraders National Bank, Buckhajjrmon, W. VaFirst National Bank, Golconda, 111Farmers & Miners National Bank, Bentleyville* PaFirst National Bank, Luray, VaCitizens National Bank, New Lexington, OhioFirst National Bank, Bay City, MichFirst National Bank, Parkersburg, W. VaPainted Post National Bank, Painted Post, N. YCurwensville National Bank, Curwensville, PaPortland National Bank, Portland, PaPeoples National Bank, Laurel, DelHome National Bank, Union City, PaFirst National Bank, Ripley, W. VaCitizens National Bank,*Earlan, KyCentral National Bank, Mount Union, PaFirst National Bank, Henderson, N. CFirst National Bank, Bradley Beach, N. JFirst National Bank, Danvers, 111First National Bank, Oconomowoc, WisFirst National Bank, Abbeville, LaFirst National Bank, Wilson, N. CFirst National Bank, High Bridge, N. JNational Tradesmen's Bank & Trust Co., New Haven,
ConnFirst National Bank, George West, TexEast Tennessee National Bank, Knoxyille, TennMarlin-Citizens National Bank, Marlin, TexFirst National Bank, Claxton, GaPeoples National Bank, Delta, PaTrinidad National Bank, Trinidad, ColoFirst National Bank, Stockport, OhioFirst National Bank, Utica, NebrFirst National Bank, Carnegie, OklaFirst National Bank, La Veta, ColoExchange National Bank, Marietta, PaFirst National Bank, Newfield, N. JFirst National Bank, Dardanelle, ArkFarmers National Bank, Cherokee, OklaNational Bank of Covington, Covington, IndCitizens National Bank, Hammond, N. YFarmers National Bank, Cambridge, 111First National Bank, Bloomington, 111National Bank of West, West, TexFirst National Bank, Le Mars, IowaFirst National Bank, Sylvester, TexCitizens National Bank, Llano, TexFirst National Bank, Vermilion, 111First National Bank, What Cheer, IowaFirst National Bank, Con way, WashCommercial National Bank, San Antonio, TexFirst National Bank, Jacksonville, AlaNational Bank of Commerce, Lorain, Ohio
June 26,1930Oct. 11,1930Dec. 20,1930Dec. 30,1930Jan. 2,1931
6,193121,193122,193126,19315,1931
Jan.Jan.Jan.Jan.Oct.
Oct.Oct.Oct.Oct.Oct.Oct.Oct.Oct.Oct.NovOct.
6,19317,19318,19319,1931
16,193119,193120,193123,193129,19315,1931
29,1931Nov. 30,1931
doDec. 7,1931Dec. 9,1931Dec. 17,1931Dec. 23.1931Jan. 18,1932
do.Jan. 19,1932
do.do.
Jan.Jan.Jan.Feb.Feb.Feb.Feb.Mar.
21,193223,193227,19322,19324,19325,193211,193230,1932
July 7,1932Aug. 24,1932Jan. 20,1933Mar. 1,1933July 11,1933Aug. 8,1933Aug. 18,1933Sept. 11,1933Sept. 12.1933
dodo
Sept. 13,1933Sept. 15,1933Sept. 19,1933Oct. 5,1933Oct. 9,1933Oct. 12,1933Oct. 27,1933
do.Oct.Oct.Nov.Nov.Jan.Jan.Jan.Jan.Mar.May
30,193331,193310,193314.193312.193418,193430,193431,19346,19349,1934
Aug.Feb.Mar.Feb.JuneJuneMayJuneMar.JulyJulyJan.Feb.Mar.Sept.Feb.MayNov.Sept.Nov.MayFeb.Feb.Feb.JulyJulyMar.Mar.Apr.JuneNov.Apr.Dec.JuneOct.Oct.Mar.JuneMar.JulyDec.
JuneFeb.Dec.Apr.Aug.JuneMayJuneApr.MayAug.Oct.JulyOct.Sept.Sept.Oct.JulyJuneOct.Aug.MayMayMayMayJuneOct.Oct.Oct.
14.193025.193112,193120,193110,193116,19312.193116,193121.193116.193215,19324.193220,193231,193215,193225,193214,193219,193210,193219,193231.193220.193325,193215.19321,19325,193216.19331,19327,193215,193230,193219,193219,19321,19324,193215,193218,19326,193216,193215,193212.1932
15.193319.193421.193323.19346,193422,193418,19345,193416,193411,193429,19343,193431,19344,19343,19347,193415,193427,19346,19349,193427,193410,193412,193415,193418,193412,193416,193412,193422,1934
$25,00025, 000500,00025,00075.00050,00025,00025,00025, 00040, 00025, 000300,000800,000100,000150,00050, 000100,00025,00050, 00050,00050,000100,00030, 00075,000400,000500,00025,000100, 00050,000100, 00050,00070,000100,00060, 000200, 00050, 00025, 000100, 00050, 000
200, 00050,000
500,00050, 000
2, 000, 000200, 00050, 00050, 000100, 00025, 00030, 00030,00025,00050, 00050, 00025, 00040,00050, 00025, 00050, 000
300, 00050, 000100, 00035, 00075, 00025,00050,00025, 000
300,00025,000
150, 000
Total (145 banks). 22,115,000
106093—35—T-~ 30
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
454 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 48.—National banks restored to solvency which subsequently becameinsolvent
Receiver-ship no.
Firstfail-ure
208242232200562636631608639641555792712826343953111862717137901315507150414991311
Sec-ondfail-ure
Title and location of bank Receiverappointed
Capitalstock
271291304386575661736840876
1048111013101317144214461455185120222133222023092331239327462773
Citizens National Bank, Spokane Falls, Wash.1First National Bank, Port Angeles, Wash.iFirst National Bank, Orlando, Fla.iFirst National Bank, Arkansas City, Kans.1Ben Hill National Bank, Fitzgerald, Ga.i2
First National Bank, Lawton, Okla.iFirst National Bank, Poplar, Mont.1State National Bank, Carlsbad, N. Mex.iFirst National Bank, Mohall, N. Dak.iFirst National Bank, Ackerman, Miss.1Farmers and Merchants National Bank, Mount Morris, Pa.1Farmers National Bank, Red Oak, IowaiFirst National Bank, Tower City, N. Dak.1First National Bank, Walhalla, N. Dak.iFirst National Bank, Sioux City, Iowa iFarmers National Bank, Laurens, S. C.1First National Bank, Warsaw, N. C.1First National Bank, La Fayette, Colo.1Ashland National Bank, Ashland, Ky.iCitizens Security National Bank, Sisseton, S. Dak.1First National Bank, Claxton, Ga.1First National Bank, Burnside, Ky.1First National Bank, Dardanelle, Ark.iFirst National Bank, Holly Grove, Ark.1Taylorville National Bank, Taylorville, 111.1
Dec.Apr.Nov.Oct.Mar.Nov.Dec.Aug.Jan.Nov.Feb.Oct.Dec.Dec.Dec.Dec.Dec.MaySept.Jan.JulyAug.Sept.Feb.Mar.
13.189426.189529,189519,18996,191618.192217.192325.192422.192512.192621.192714,192910.19295,19308,193016.193017.19319.193222.19325.193311.19338,193319.193327.193419,1934
Total (25 banks).
$150,00050,00085,000100,00050,000200,00025,00075,00025,00025,00025,00060,00025,00025,000
1,000,00050,00050,00025,000800,00050,00050,00025,00025,00025,000150,000
3,170,000
1 Second failure. 2 Formerly Third National Bank.
TABLE NO. 49.—Dividends paid to creditors of insolvent national banks under thesupervision of the Comptroller of the Currency, including distributions by con-servators as reported by receivers, during the year ended Oct. 31, 193'4*
Trustno.
18422115211023742582
19161186
2338110620162015177919131140
169316762586
223421742202
1790243615531403
Location
Aberdeen, WashAckley, Iowa___ _ _Adams, MinnAdams, NebrAdrian, Mich
Adrian, Mo .-_ -Albany, Ga
Albany, OregAlbert Lea, Minn ._Albion, 111
__ _do_ .do
Albion, N. YAlcester, S. Dak
Alderson, W. VaAlexandria, S. Dak..Alexandr ia Bay,
N. Y.Algonac, MichAllen OklaAllen wood, Pa
Alliance, NebrAlmont, MichAltoona, PaAltus, Okla
Title
First National Bank in..First National Bank...
.do__..doNational Bank of Com-
merce.National Bank of Adrian.New Georgia National
Bank.First National BankCitizens National Bank.Albion National Bank...First National BankNational Bank of Albion.Citizens National Bank.Farmers and Merchants
National Bank.Alderson National BankFirst National Bank in. _First National Bank of
the Thousand Islands.First National Bank
doAllenwood National
Bank.First National Bank
.doSecond National Bank_First National Bank
Date receiverappointed
Dec. 11,1931Aug. 10,1932Aug. 8,1932Sept. 12,1933Dec. 5,1933
Jan. 21,1932Jan. 4,1928
Aug. 16,1933Feb. 18,1927Apr. 27,1932
doOct. 29,1931Jan. 21,1932May 17,1927
Sept. 28,1931Sept. 11,1931Dec. 7,1933
Jan. 17,1933Nov. 14,1932Dec. 22,1932
Nov. 3,1931Oct. 9,1933Apr. 16,1931Sept. 26,1930
Dividends paid duringthe year
Amount
$96,600. 5670,422. 68
167. 6588,035. 51
i 257, 243.00
9,687.0632,490. 61
66,938.88259. 63
8, 343. 054,943. 24
39,934.86488, 612. 95
10.05
22,890. 4845,778. 44
170, 284.- 85
96, 905. 328,313. 746, 903. 37
3 194. 0068, 577. 88
112,991. 4429, 549. 25
Percent
1419
70140
155
15
5.53.58
16. 6666
51533.5
501038
456
15
Totalpercentof divi-dends
paid tocreditors
39457
70140
1540
15751617.538
« 76. 666675
453533.5
502588
3 50455470
Footnotes at end of table, p. 474.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 455TABLE NO. 49.—Dividends paid to creditors of insolvent national banks under the
supervision of the Comptroller of the Currency, including distributions by con-servators as reported by receivers, during the year ended Oct. 31, 193 J^—Continued
Trustno
2585
193017422146
22271505233419242855
199620482235209826201428213322722273251190923232326
2579
173614141471231720852117152724602284
12651392176222581659
19931292
201924002408109516232444
244317292643
1798
28632684
21892561175614371872
1456
Location TitleDate receiver
appointed
Dividends paid duringthe year
Amount Percent
Totalpercentof divi-dends
paid tocreditors
Anaconda, Mont
Anamosa, IowaAnawalt, W. Va._.Andalusia, Ala
Anna, 111Anoka, MinnAnsonia, OhioArcadia, FlaArcanum, Ohio
Arlington, GaArlington, NebrArlington, OregArtesia, Calif . .Arthur, 111Asheville, N. CAshland, Ky_Ashland, Wis—__doAsh ton, IowaAthens, GaAthol, Mass
do
Atwood, 111Auburn, MaineAuburn, Nebr_.Auburn, Wash.Augusta, 111Augusta, Kan__Aurora, 111
do..
National Bank of Ana-conda.
Anamosa National BankFirst National BankAndalusia National
Bank.First National BankAnoka National Bank__First National Bank
doFirst-Farmers National
Bank.First National Bank
.do.Arlington National BankFirst National Bank...
.doAmerican National BankAshland National Bank,
doNorthern National BankFirst National BankGeorgia National Bank..Athol National Bank___Millers River National
Bank.First National BankNational Shoe & Leather
Bank.First National Bank
do...do....do..
Avella, PaAvoca, MichAvon by the Sea,
N. J.Avon Park, FlaAyrshire, Iowa.Baldwin Park, Calif.BalstonSpa, N. Y._.Bancroft, IdahoBaraboo, Wis
Bar dwell, Ky_Bartow, Fla—
First National Bank in_.First National BankLincoln National Bank__First National Bank
do _-
..do..
..do..
.-do--do--do-
Bayard, W.VaBeallsville, Ohio..Beason, 111Beardsley, Minn..Beggs, OklaBel Air, Md
First National Bank &Trust Co.
First National BankPolk County National
Bank in.Bayard National Bank..First National Bank....
do._do-_do-
Belington, W. Va__Bellefontaine, Ohio.
Belle Fourche, S.Dak.
Bellevue, IowaBellows Falls, Vt_ _.Belmont, OhioBelton, TexBelvidere, N. JBenton, 111Benton Harbor,
Mich.Bentonville, Ark....
Farmers & MerchantsNational Bank.
Second National Bank_.First National BankBellefontaine National
Bank.First National Bank
.do-National Bank of Bel-
lows Falls.Belmont National Bank.Belton National Bank...Belvidere National BankFirst National BankAmerican National Bank
& Trust Co.Benton County Nation-
al Bank.
Dec. 5,1933
Jan. 27,1932Oct. 15,1931Oct. 5,1932
Jan. 12,1933Jan. 27,1931Aug. 15,1933Jan. 26,1932June 21,1934
Mar. 8,1932June 17,1932Jan. 19,1933July 18,1932Dec. 13,1933Nov. 21,1930Sept. 22,1932Feb. 13,1933
do.Oct. 31,1933Apr. 17,1925Aug. 3,1933Aug. 4,1933
Dec. 5,1933Dec. 19,1933
Oct.Oct.Dec.JulyJulyAug.Mar.Oct.Feb.
13.193128,193023,193027,19336,1932
12.19327,1931
24.193327,1933
Feb. 18,1929Aug. 12,1930Oct. 22,1931Feb. 2,1933Aug. 20,1931Sept. 11,1933
Mar. 4,1932June 28,1929
Apr. 28,1932Sept. 26,1933Sept. 29,1933Jan. 21,1927July 9,1931Oct. 11,1933
doOct. 13,1931Dec. 26,1923
Nov. 6,1931
J u n e 25,1934J a n . 15,1934
Dec . 1,1932N o v . 13,1933Oct. 19,1931Dec . 2,1930Dec . 29,1931
Dec . 16,1930
347, 251. 50
86,895. 8549.74
69, 606. 22
114, 440. 4530, 785. 8955, 003. 6046,387. 05
i 80, 671. 00
13, 035. 688,174. 39
24, 879. 6638, 448. 74
124, 477. 773, 881. 92
105, 792. 37* 361,838. 003 163, 927. 00
33,142. 53* 20. 58
< 673, 360. 312 830, 408. 50
58, 565. 411, 510, 205. 00
25, 525. 2328, 466. 7821,436. 4687, 894. 93
287, 973.1083,869. 8172, 072. 5041, 645. 9440, 974. 81
9 1.815, 692. 51
9 6.0011,316.7110, 081. 83
3 396, 408. 20
16, 563. 411, 268. 21
39,148. 66108, 362. 27
65, 979. 439,882. 819,123. 98
6 298, 274. 78
2 730, 021. 9438, 663.86
i 588, 807. 00
63,187. 99
i 249, 304. 00i 232, 228. 00
11.49i 155,164. 00
* 1,822. 3942, 443. 34
289, 049. 94
37, 477. 04
86
15
256
105. 77610
135
1510301870
223 303 20
55
150
1358
2513159
2430
1322.550
8.5
2895854.245
12.56 63. 3333
2 8012.5
i 70
10
170
6548
7
2555
105. 77618. 3333
135
2551. 66665551. 3333704177
3 3020551450
2 75
50
5858582555.522.5292430
254732887050
33.516.5
958577. 24542.563. 3333
62.570
26. 6666
20
Footnotes a t end of table.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
456 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 49.—Dividends paid to creditors of insolvent national banks under thesupervision of the Comptroller of the Currency, including distributions by con-servators as reported by receivers, during the year ended Oct. 31,1934*—Continued
Trustno. Location Title Date receiver
appointed
Dividends paid duringthe year
Amount Percent
Totalpercentof divi-dends
paid tocreditors
1494264820362696245617431891
1327177716202559
130215322125
1652179716992112
20531861
1848241919581610
2787170916432818249026652547156313372325
24121661182224371214271819671496106414162552
1554
2005
239818632728272617842242918
1436
1328
1981267320882331
Bessemer, Ala—.doBeverly Hills, Calif.Birdsboro, PaBirmingham, Mich.Bishop, TexBishopville, S. C
....doBlairstown, N. JBlissfield, MichBlooming Grove,
Tex.Blossburg, PaBloosom, TexBluefield, Va
City National BankFirst National Bank in_.First National Bank
do.
Blythe, CalifBlytheville, Ark.Bode, IowaBoise, Idaho
Boonville, Mo.Boston, Mass..
—do—doBishopville Nat ional
Bank.First National BankPeoples National Bank...First National BankFirst National Bank in..
Miners National Bank. _Blossom National Bank.Twin City National
Bank.First National Bank
do..do..
_oBoswell, IndBoswell, PaBottineau, N. Dak-Boulder, ColoBowie, TexBoyne City, Mich..Bradford, OhioBraidwood, 111Branchville, N. J . . .Brandon, VtBrandt, S. DakBrantley, AlaBrasher Falls, N. Y.
Brazil, IndBridgewater, S. Dak.Brighton, ColoBrighton, MichBristow, OklaBrockport, N. YBrockway, PaBrookhaven, Miss..Brookings, S. Dak..Brookneal, Va.-Brook ville, Pa
Brownsville, Pa
Brownsville, Tex
Bruin, PaBrushton, N. Y_Bryan, Ohio
.do-
Boise City NationalBank.
Boonville National BankBoston Continental Na-
tional Bank.Federal National Bank—First National Bank
.do-Bottineau Na t iona l
Bank.Boulder National Bank.Security National Bank.First National Bank
doFirst National Bank in..First National BankBrandon National Bank.First National Bank
do.Brasher Falls National
Bank.Citizens National Bank.Farmers National BankFirst National Bank—do
. do -..do-
First National Bank in. .First National BankFarmers National Bank.Peoples National Bank..Jefferson County Na-
tional Bank.Monongahela National
Bank.Merchants N a t i o n a l
Bank.First National Bank. . . .
do.
Buchanon, Mich.Buffalo Center,Iowa.Burgettstown, P a . . .
Burlington, Iowa
Burlington JunctionMo.
Burnet, TexBurbam, PaBurns, Ore?Burnside, Ky
Farmers National Bank.First National Bank
do.do
Burgettstown NationalBank.
Merchants N a t i o n a lBank.
First National Bank
Burnet National Bank—First National Bank. . . .do
. — .do
Jan. 12,1931Dec. 28,1933June 7,1932Jan. 19,1934Oct. 14,193?.Oct. 15,1931Jan. 12,1932
Jan. 18,1930Oct. 29,1931July 3,1931Nov. 10,1930
July 30.1929Mar. 17,1931Aug. 22,1932
Aug. 12,1931Nov 6.1931Oct. 1,1931Aug. 9,1932
June 21,1932Dec. 22,1931
Dec. 15,1931Oct. 3,1933Feb. 9,1932June 23,1931
Mar.Oct.Aug.MayOct.Jan.Nov.Apr.Feb.Aug.
Oct.Aug.Dec.Oct.Apr.Feb.Feb.Jan.Dec.Oct.Nov.
28,19346,19317, 19311,1934
27,19336,19347,193327,193137.19303,1933
2,193324.19312,19319.193325,19282.193411.193213,19313,192631,19309,1933
Apr. 16,1931
Mar. 28,1932
Sept.Dec.Feb.Feb.Oct.Jan.May
25,193323.19318,19347,1934
30,193120, 193314,1925
Dec. 2,1930
Jan. 22,1930
Feb. 18,1932Jan. 10,1934July 7,1932Aug. 8,1933
$112.06i 206, 991. 60550,433. 97
1 565, 910. 267 512,122. 00
22, 045. 8169,903.98
» 5. 8147, 033. 0159,989. 853,859. 03
< 86. 002, 690. 482,451. 32
1.7520,414. 0710, 781. 61
270, 321. 02
152,181. 36666, 704. 68
2,184, 210. 3464, 656. 399 644. 34
75.11
i 167, 582. 0013, 250.1321, 576. 70
1 139,999. 0066, 252. 06
1 448,113. 002 247, 912. 88
4, 765.449 32
48,993! 63
307, 284. 71133. 37
10,452. 40105,078. 79
12. 468 881, 058.99
23, 706. 22115,107.1344, 775. 33
81.70349,840. 51
430,887. 46
505, 407. 47
55, 748. 3074, 416. 53
1 361, 912. 001 470, 566. 00
87, 280. 557,927. 48
33, 025. 71
7,122. 31
16, 315. 78
9, 330. 6736, 624. 6839,002.12f<6, 814. 81
1 33. 333316. 666675
7 252548
12.510
151316. 6666
2615
1050
150105
16045
'652 75
7
30
78
580
8 704155.697
30
11
23
8510
14016020122
1.629
4.92
213018
2533. 333331.666675254073
2094.16661650
5550
7654033. 3333
6635
30502010
5030551604565
2 75376330
243580358 708.554678. 6973030
36
8570140160753772
16. 629
35.92
66301809
Footnotes at end of table,
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 457
TABLE NO. 49.—Dividends paid to creditors of insolvent national banks under thesupervision of the Comptroller of the Currency, including distributions by con-servators as reported by receivers, during the year ended Oct. 31, 193'4*—Continued
Trustno. Location Title
Date receiverappointed
Dividends paid duringthe year
Amount Percent
Totalpercentof divi-dends
paid tocreditors
13972136267026382641
20742416
280326292617261614631776172326852798240412082812
2831
14621247
2623
24222365
2427221224322520
2415
259226801840245728332630
144817331347
2544
137324942693
135219752426242924531576
2462229022031582
204715472051
1775
Burt, IowaCairnbrook, P a . .Calais, MaineCaldwell, Ohio. . . .do -
Cambridge, Ohio—.Cambridge City,
Tnd.Cam den, ArkCanonsburg, PaCanton, 111—_doCapac, MichCardington, Ohio...Carey, OhioCaribou, MeCarlstadt, N. JCarrier Mills, I1J...Carrington, N. Dak.Carrollton, Ky
Carthage, III
First National BankdoCalais National Bank
Citizens National Bank-Noble County National
Bank in.Guernsey National BankFirst National Bank <fe
Trust Co.First National Bank
..do-Canton National BankFirst National Bank....do...
_do_.Caribou National Bank_Carlstadt National BankFirst National Bank
do.
Caruthersville, Mo.,Casselton, N. Dak..
Castle Rock, Colo...
Cayuga, IndCedar Grove, Ind . .Cement, OklaCenterline, Mich.. .Central City, Colo.Central City, Nebr.
Central Park, N. Y.
Ceylon, MinnChadwick, 111Chaffee, MoChanning, TexCharleroi, PaCharles Town, W.
Va.Charlotte, N. CChase City, VaChatsworth, 111
Chattanooga, Tenn.
Cheboygan, Mich..Chelsea, IowaChelsea, Vt
Carrollton N a t i o n a lBank.
Hancock County Na-tional Bank.
First National BankCass County National
Bank.First National Bank of
Douglas County at.First National BankCedar Grove National
Bank.First National BankFirst National Bank
do .Central City National
Bank.Central Park National
Bank.First National Bank
do.do...do...do-
National Citizens Bank-
First National BankdoCommercial N a t i o n a l
Bank.Chattanooga N a t i o n a l
Bank.First National Bank
.do-
Cherokee, IowaCherokee, KansCherokee, Okla.—doCherry Tree, P a . . .Cherry vale, Kans. .
Cherry Valley, N.Y.Chester, S. CChester, W . V a . . . .Chicago, 111
.—do— d o....do
-do-
National Bank ofOrange County.
Security National Bank.First National BankCherokeeNational Bank-Farmers National BankFirst National BankMontgomery County
National Bank.National Central Bank.National Exchange BankFirst National BankAlbany Park National
Bank & Trust Co.Alliance National Bank.Austin National Bank.Bowmanville National
Bank.Calumet National Bank.
Sept . 5,1930Sept . 23,1932Jan . 9,1934Dec. 21,1933
GO
J u n e 29,1932Oct. 3,1933
Apr. 16,1934Dec. 19,1933Dec. 13,1933..—doDec. 19,1930Oct. 29,1931Oct. 12,1931Jan. 15,1934Mar. 10,1934Sept. 27,1933Mar. 26,1928Apr. 25,1934
M a y 22,1934
Dec. 18,1930Dec. 10,1928
Dec. 18,1933
Oct. 3,1933Sept. 6,1933
Oct. 4,1933Dec 30,1932Oct. 9,1933N o v . 1,1933
Oct. 2,1933
Dec. 8,1933Jan. 12,1934Dec. 11,1931Oct. 14,1933M a y 22,1934Dec. 19,1933
Dec. 8,1930Oct. 13,1931Mar. 8,1930
Nov. 6,1933
J u n e 12,1930Oct. 30,1933J a n . 17,1934
M a r . 17,1930F e b . 17,1932Oct. 4,1933Oct. 5,1933Oct. 13,1933M a y 7,1931
Oct. 24,1933M a r . 9,1933Dec. 22,1932M a y 19,1931
J u n e 15,1932Apr . 6,1931J u n e 21,1932
Qct, 7,1931
$408. 2865, 623. 35
1, 274,065. 00i 416, 355. 00i 283, 638. 00
596. 34125, 447.18
i 468, 647. 001,055, 746. 00i 469, 572. 00i 274, 893. 00
9 93. 2619, 792. 9418, 492. 25
128, 206. 28i 445, 761. 00
17,102. 6016,210.48
301, 5S2.15
i 136, 476. 00
17, 053.1412, 338. 68
152, 909. 40
42, 331. 32SO, 814. 22
27,158. 5820,828. 8082,115. 98
153, 249. 81
32,065. 65
34,100.7068, 077. 7342,001.08
1 833, 295.0071, 410.10
72, 465. 7027,117. 57
9 14. 57
3, 094,188. 20
61, 833. 7169, 503.85
i 285, 492.00
75.4613, 206. 5281, 821.0531, 988. 01
324, 561. 844, 755. 61
i 378, 442. 00161, 348.1784, 779.75
147, 523. 60
57, 227.84185, 837. 98
4, 954, 25
1, 720.92
31. 6666175
6060
80
60i 60
60129. . . .
1015
14030
750
125
55
85
4096
35125095
16. 6666
46602055
14545
55
140
4.62865
135
10435040
145393210
1010
51.561. 66175
7580
606060298
7093.33331540303750
25
53
75
85
40
35225095
16.6666
466065554545
363045
40
6535
355543504012
45395253
235010
28.5
Footnotes at end of table.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
458 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 49.—Dividends paid to creditors of insolvent national banks under thesupervision of the Comptroller of the Currency, including distributions by con-servators as reported by receivers, during the year ended Oct. 81, 1934*—Continued
Trustno. Location Title Date receiver
appointed
Dividends paid duringthe year
Amount Percent
Totalpercentof divi-dends
paid tocreditors
20252077
1597
2060
2058
206716962069
2062
1688
2068
20611596
1750
2064
2086
2311
16072092
2588114418311060280215021314275223672633
2362209627412538
2368
11051515194215062339256313961259
1671125716542308
180511282056
2246
262119371717
Chicago, I1L.do
_do-
_do_.
.do..
do. . . . .do
do
.do-
_do-
do
dodo
do
__do
Chicago Heights, 111.
Chico, Calif
Chillicothe, MoChillicothe, Ohio.--.Chilton, WisChowchilla, Calif..Christopher, 111Clarinda, IowaClarion, PaClarksdale, Miss__.Clarksville, ArkClarksville, Tex.._.Clay Center, Kans.Clayville, N. Y. ._ .
Clearfield, IowaClearfield, Pa
doCleves, Ohio __
Douglass National BankHyde Park-Kenwood
National Bank.Inland Irving National
Bank.Jackson Park National
Bank.Jefferson Park National
Bank.Midland National Bank.Ogden National Bank...Peoples National Bank
& Trust Co.Ravenswood National
Bank.Rogers Park National
Bank.South Ashland National
Bank.Standard National BankWashington Park Na-
tional Bank.West Side-Atlas Na-
tional Bank.National Bank of Wood-
lawn.First National Bank &
Trust Co.First National Trust &
Savings Bank.First National BankRoss County National
Bank.Chilton National Bank -First National Bank
-do..Clarinda National Bank-First National BankPlanters National Bank-First National Bank
.do
Clinton, Iowa
Clinton, MinnClinton, Mo
.do.Clinton, S. CClintonville, Wis_...Clyde, TexClymer, PaC o e u r D'Alene,
Idaho.Coin, IowaColeridge, NebrColony, KansColumbia, S. C
Columbia, TennColumbia City, Ind.Columbia Heights,
Minn.Columbus, Nebr
Columbus, N. JColumbus, Mon t . . .Colville, Wash
doNational Bank of Clay
ville.First National BankClearneldNational BankCounty National Bank..Hamilton County Na-
tional Bank.Merchants N a t i o n a l
Bank.First National BankClinton National Bank..Peoples National Bank__First National Bank
do.Clyde National Bank...Clymer National Bank-First - Exchange Na-
tional Bank.First National Bank. . . .
.do.do
National Loan & Ex-change Bank.
Phoenix National Bank.First National BankColumbia N a t i o n a l
Bank.Commercial N a t i o n a l
Bank.First National Bank— .do. . . . do -
May 21,1932July 1,1932
June 9,1931
June 25,1932
do
June 27,1932Oct. 1,1931June 27,1932
June 25,1932
Sept. 24,1931
June 27,1932
June 25,1932June 9,1931
Oct. 16,1931
June 25,1932
July 7,1932
July 18,1933
June 22,1931July 14,1932
Dec.MayDec.Nov.Apr.Jan.Nov.Mar.Sept.Dec.
7.193328,19277,193129,192616,193426,193118,19291.19346,193319,1933
Sept. 5,1933July 18,1932Feb. 26,1934Nov. 6,1933
Sept. 9,1933
Feb.Feb.Feb.Jan.Aug.Nov.Aug.Jan.
10,192710,19312,193227,193116,193314,193322,193019,1929
Sept. 8,1931Jan. 12,1929Aug. 14,1931July 5,1933
Nov. 11,1931Mar. 31,1927June 21,1932
Jan. 24,1933
Dec.Jan.Oct.
15,193329,19328,1931
$61, 232. 20222,929.82
1, 522.00
327.19
167, 229. 27
1, 635. 3629,045. 76
4.91
99, 797. 53
75, 234. 73
776.98
179.07347, 264. 59
131, 320. 55
153, 927. 25
283, 769. 652 1, 517, 975. 43
100. 72205, 718. 47
173, 465. 0015, 945. 6471, 328. 247,123.14
i 684, 937.00142, 081. 2110, 606. 98
1 150, 653. 002 299,130. 32
50,003. 22
20, 702. 66239, 921. 51
i 1, 798,374.002 383, 248. 72
44, 212. 84
10, 580. 7920, 774.9622,119. 9010, 475. 89
3 258,411.0013,178. 90
112. 75* 46. 58
6, 723. 513, 245.15
23.666 756, 545. 55
45, 717. 7159.18
20,874. 31
73, 241.10
118, 660.98111. 673 36. 00
1810
20
530
5
12.5
12.5
352 71
22
709.5322.51. 339
150254.07
1602 6048
2540
1552 95
42
7.1475105
3 2518
72.277
6 45
12. 5
17
25
108. 5
1832,5
40
19
20
323030
50
29
80
64
55
29.1666
37.5
68. 3333271
1677
7089.536041. 339505044.0760
2 6048
25655595
42
62.14745777525185587.5
5287. 2771045
6555
45
iofs550
Footnotes at end of table.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 459
TABLE NO. 49.—Dividends paid to creditors of insolvent national banks under thesupervision of the Comptroller of the Currency', including distributions by con-servators as reported by receivers, during the year ended Oct. 31,1934*—Continued
Trustno.
25181385138115332624
2099181919122737
1801
2344
27712808
175826681979197822521881
249324032033283719211810
252224802291123520812172
15791809
1621214218972163
17311674
12972735
261013091972
253422992298
17692635252921471488
1763132917381845160620201231
Location
Compton, 111Connellsville, Pa.---_doCoolville, OhioCooperstown, N. Y.
Cor bin, KyCorinth, Miss..Corinth, N. Y.Corona, N. Y..
Corpus Christi, Tex.
Cortez, Colo
Cotton Plant, Ark..Council Bluffs,
Iowa.Cowen, W. VaCrafton, PaCraig, Cole
doCraig, NebrCreighton, Nebr
Cresco, IowaCrescent City, 111..Crofton, NebrCrystal Lake, IowaCulver City, Calif_.Custer, S. Dak
Dahlgren, 111Dallas City, 111The Dalles, Oreg...Darlington, S. C.__Davidsville, PaDawson, Ga
Dawson, MinnDayton, TennDearborn, MichDecatur, Ala
doDeer Lodge, Mont-Deer Trail, Colo.._Defiance, OhioDeLand, Fla..Delhi, La
Del Rio, Tex-Delta, Colo.._De Pere, Wis.
Deny, PaDetroit, Mich.......do
Dexter, Mo...Dickinson, TexDickson, TennDickson City, Pa_.Dillwyn, Va
Doon, IowaDothan, Ala.... -doDougherty, Iowa—Downers Grove, I1LDriggs, IdahoDublin, Ga
Title
First National BankCitizens National Bank_Union National Bank...Coolville National BankCooperstown National
Bank.Whitley National Bank.First National BankCorinth National Bank.Newton National Bank
of New York.City National Bank &
Trust Co.Montezuma Valley Na-
tional Bank.Farmers National Bank-First National Bank
..do..
..do-Craig National BankFirst National Bank
.do.Creighton National
Bank.First National Bank
do..do-
Farmers National Bank.First National BankFirst National Bank of
Custer City.Farmers National Bank.First National Bank
do.Carolina National Bank.First National BankDawson-City National
Bank.First National BankAmerican National
Bank.First National BankCentral National Bank..First National Bank in-United States National
Bank.First National BankNational Bank of De-
fiance.First National BankMa con Ridge National
Bank.First National Bank
.do.National Bank of De
Pere.First National Bank in-First National BankGuardian National
Bank of Commerce.First National Bank
do.Citizens National Bank.Liberty National Bank-Merchants & Planters
National Bank.First National BankDothan National Bank..Houston National Bank.First National Bank._—doFirst National Bank in..First National Bank
Date receiverappointed
Nov. 1,1933July 81,1930July 3,1930Mar. 18,1931Dec. 18,1933
July 18,1932Nov. 30,1931Jan. 20,1932Feb. 21,1934
Nov. 11,1931
Aug. 18,1933
Mar. 19,1934Apr. 20,1934
Oct. 20,1931Jan. 8,1934Feb. 18,1932
doJan. 30,1933Jan. 9,1932
Oct. 30,1933Sept. 27,1933June 1,1932May 23,1934Jan. 23,1932Nov. 17,1931
Nov. 1,1933Oct. 26,1933Mar. 10,1933Nov. 2,1928July 6,1932Nov. 14,1932
May 14,1931Nov. 14,1931
July 3,1931Oct. 1,1932Jan. 18,1932Oct. 25,1932
Oct. 13,1931Sept. 10,1931
July 12,1929Feb. 21,1934
Dec. 12,1933Sept. 25,1929Feb. 16,1932
Nov. 3,1933May 11,1933
do
Oct. 23.1931Dec. 19,1933
3,19336,19329,1931
Nov.Oct.Jan.
Oct. 22,1931Jan. 30,1930Oct. 15,1931Dec. 14,1931June 19,1931May 3,1932Sept. 24,1928
Dividends paid duringthe year
Amount
$54,606.9511,890.801,096. 41
5.39221, 870.30
39, 727.123,496. 6297,312. 45
i 239,564.00
153, 662. 63
48,439.83
23, 028.48i 1,096, 727.00
3, 604. 74i 384, 239.00
17,306.1413,124. 9845,297.1310,338. 75
136, 376.1735, 525.44
248.196, 775. 27
42, 517. 64282. 31
61,295.1522,025. 05341,471.121,161. 88
15, 618.8235, 516.07
563. 9288.37
33,108. 5215,228. 2363,930. 3051,844. 70
10,898. 6296,880. 54
36, 378. 5040, 283. 43
422,815. 488.33
70,056.40
i 424, 945. 008 35,255,498.008 26, 371, 034.00
11,186.139,400.02
116,369. 8974,019. 787,165. 35
16,019. 6649.91
55,686. 0717,233. 9558, 682. 47
236. 06435.43
Percent
40
50
15
6. 6666160
15
35
42i 55
5i 60
5155014
6537.5
468
553225
1410
6. 333358. 333312.5
3510
435
100
5
1851028
86048205
11
158.57.5
Totalpercentof divi-dends
paid tocreditors
4060554450
257.5
80
60
35
4255
45160
10405032
6537.510464324
553225454210
561528.333325
6550
2935
1004940
18550
8 68
35604832.551
34443321451020
Footnotes at end of table.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
460 KEPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 49.—Dividends paid to creditors of insolvent national banks under thet^ supervision of the Comptroller of the Currency, including distributions by con-
servators as reported by receivers, during the year ended Oct. 81,1934*—Continued
Trustno. Location Title Date receiver
appointed
Dividends paid duringthe year
Amount Percent
Totalpercentof divi-dends
paid tocreditors
25072350248925552815
264026612751
270427572724134621141308
19061752204619262557
23521542183622212574237816701277
21392218133427432197
2193175520501772
1293
234723242527152416572010166520032562
1401173018841982
232021941940
1624266321682747
23852749
Dubuque, Iowa
Dunkerton, Iowa...Dunkirk, OhioEarlville, 111
doEast Berlin, Pa
East Orange, N. J—East Palestine, Ohio.East Rutherford,
N. J.Eaton, ColoEaton Rapids, Mich.Edge water, N. JEdmore, N. DakEldora, IowaEl Dorado Springs,
Mo.Elgin, 111Elizabeth ton, Tenn......doElkin, N. C
Consolidated NationalBank.
First National Bank.do..
Earlville National Bank.First National BankEast Berlin National
Bank.First National Bank
_do_..do..
.do..do
..do
..do..- d o . ...do
Ellensburg, W a s h -
Ellis, Kans..Ellsworth, KansEllwood City, Pa .~
doElma, Wash.Elmore, OhioEl Paso, Tex.Emmetsburg, Iowa.
Emporium, PaEnglewood, Kans..Ennis, TexEnosburg Falls, Vt.Enumclaw, Wash...
Ephrata, WashErie, 111Etowah, TennEufala, Ala
Home National Bank...First National Bank. . . .Holston National Bank.Elkin National Bank.. .National Bank of Ellens-
burg.First National BankCentral National Bank—Citizens National Bank.First National Bank
do.do.do
July 14,1932
Oct. 31,1933Aug. 23,1933Oct. 27,1932Nov. 10,1933Apr. 26,1934
Dec. 21,1933Jan. 3,1934Mar. 1,1934
Jan. 26,1934Mar. 5,1934Feb. 5,1934Mar. 8,1930Aug. 10,1932Sept. 23,1929
Jan. 20,1932Oct. 19,1931June 14,1932Jan. 26,1932Nov. 10,1933
The National Bank ofEmmetsburg.
First National Bankd
Aug.Mar.Dec.Jan.Nov.Sept.Sept.Mar.
23,193330,19318,193110,193316,193313,19334,1931
15.1929
do. — d oEnumclaw
Bank.National
National
do
Eutaw, AlaEverly, IowaExira, Iowa j doFairchance, Pa doFairchild, WisFairfax, OklaFairfax, S. DakFairfield, IdahoFairmont, W. Va...
First National Bankdodo
CommercialBank.
East Alabama NationalBank.
First National Bank.do-
Sept. 24,1932Jan. 4,1933Feb. 11,1930Feb. 26,1934Dec. 12,1932
Dec. 2,1932Oct. 19,1931June 21,1932Oct. 27,1931
July 1,1929
Fairview, MoFairview, W. Va..Farmer, S. Dak...Farmer City, 111
Farnhamville, Iowa.Faulkton, S. Dak. . .Fayetteville, N. C._
Federalsburg, Md.. .Finleyville, Pa . . . . .Flandreau, S. Dak.Fleetwood, Pa
Fleming, Ky_.Flint, Mich...
..do..
..do..Farmers National Bank.Security National Bank.National Bank of Fair-
mont.First National Bank
.do.
.do
Aug.Aug.Nov.Feb.Aug.Apr.Aug.Mar.Nov.
23,19333,19333,193226,193118.193112.193226.193119.193213.1933
John Weedman Nation-al Bank.
First National Bank.do-
Cumberland NationalBank.
First National Bank.do....do-
First National Bank &Trust Co.
First National BankFirst National Bank &
Trust Co. at.
Sept. 17,1930Oct. 13,1931Jan. 11,1932Feb. 19,1932
July 28,1933Dec. 8,1932Feb. 1,1932
July 9,1931Jan. 4,1934Nov. 3,1932Feb. 27,1934
Sept. 15,1933Feb. 27,1934
$763,188.00
74,350.3328, 766. 52
127,626.83114,003.29
» 195,370.00
446,330. 901 568,823. 002 226,304. 97
128,103. 981 181,684.001 634, 082.00
5,993. 3755,903.79
»72.59
38,495. 34892.04
7,440. 2664, 700. 6045.472.13
51,842. 899 160. 07
58,315. 28113,176. 4123,846. 7862, 750. 92
862, 356. 7931,333.85
180, 620.454,187. 23
70.88i 275,702.00
1, 275.00
11,995. 77<> 1.62
48,474.9121,889.08
244.60
64,137.83110,605.7042,165.1531,142. 956, 232.32
62, 097. 7212,831. 3721.850.14
1 1,629,034.00
e 32. 0814,423. 67
72.8463,854. 76
52,674.47• 340.14
142,477.45
14,606.491 378,526.00
35,867.461 277,027.00
28
2520886235
451502 65
75140175
517
2514.525
45
1016. 6666282016. 66665
155
1505
15
1520
245660105
251043
125
5
~20~'
50
"25"
17515
150
57,417.06 35'3,299,095.00 150
I
65
2520886235
455065
754075246441
757
2543.525
45563516.6666282046.6666
305
73.33335091
273615
20
2456605531551090
125
4080.83331085
5012.643
81.7117540
150
72.5160
Footnotes at end of table.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
EEPORT OF THE COMPTROLLER OF THE CURRENCY 461
TABLE NO. 49.—Dividends paid to creditors of insolvent national banks under thesupervision of the Comptroller of the Currency, including distributions by con-servators as reported by receivers, during the year ended Oct. 81, 193If*—Continued
Trustno. Location Title
Date receiverappointed
Dividends paid duringthe year
Amount Percent
Totalpercentof divi-dends
paid tocreditors
2731132518881631
2657
198425462283
2667
22011732133124582622159222222810
2797231321401873
181227502433261522712756138212552304219024342431
26342312207227742004
19311963
174118761618221721871918
26422345213420121935183424092206
13952208
239525311481
19732170
Flora, IndFlorala, AlaFlorence, S. CFloydada, Tex
Fond du Lac, Wis. __
Foosland, 111Fort Bragg, Calif....Fort Collins, Colo...Fort Fairfield,
Maine.Fort Gaines, GaFort Stockton, Tex.Fort Worth, TexFosston, MinnFostoria, Ohio _Fowler, IndFowler, KansFrackville, Pa
Franklin, IndFranklin, N. YFrazee, MinnFrederickstown,
Ohio.Frederic, WisFreeland, PaFreeport, 111Freeport, PaFremont, NebrFremont, OhioFresno, CalifFrisco, Tex.Frostburg, MdGadsden, AlaGalena, 111
do
Bright National Bank...First National BankFirst National Bank in..Floyd County National
Bank.Commercial National
Bank.First National BankCoast National BankFort Collins National
Bank.Fort Fairfield National
Bank.First National Bank. _.
do.Texas National Bank...First National BankUnion National Bank...First National Bank
do.First National Bank &
Trust Co.Citizens National BankFirst National Bank....
dodo....
.do..
.do.,
.do..
Gallup, N. MexGarden City, Kans _Gardner, 111Garner, IowaGarnett, Kans
Gary, Ind....doGary, W. VaGassport, N. YGenoa, N. YGeorge, IowaGeorgetown, TexGermantown, N. Y.
Gibsland, LaGig Harbor, Wash...Gillespie, 111Glasgow, Ky
.do-
Farmers National Bank-Union National Bank...First National BankFirst National Bank in..First National BankCitizens National Bank.Gadsden National Bank-Galena National Bank__Merchants National
BankFirst National Bank in_-First National Bank
doFarmers National Bank-National Bank of Com-
merce of Garnett.First National BankNational Bank of Amer-
ica at.Gary National BankFirst National Bank
do._do.
Glen Campbell, Pa.Glenvil, NebrGlenwood, Iowa
Glenwood City, Wis.Glenwood Springs,
Colo.Golden, ColoGoldsboro, PaGoldsboro, N. C
doGonzales, Tex_
City National BankGermantown National
Bank.First National Bank in.First National BankGillespie National Bank-First National BankTrigg National BankFirst National Bank
.do.Mills County National
Bank.Farmers National Bank-Citizens National Bank-Ruby National Bank...First National BankNational Bank of Golds-
boro.Wayne National Bank..Farmers National Bank.
Feb.Jan.Jan.July
13,193413.193011,193217.1931
Jan. 2,1934
Feb.Nov.Feb.
19.19327,1933
23.1933
Jan. 8,1934
Dec.Oct.Feb.Oct.Dec.JuneJan.Apr.
Apr.JulySept.Dec.
19.193213.19314.1930
16.193315,19332.1931
10.193323.1934
10,193420,193326.193230,1931
Nov. 17,1931Feb. 28,1934Oct. 9,1933Dec. 13,1933Feb. 13,1933Mar. 5,1934July 7,1930Dec. 31,1928June 8,1933Dec. 1,1932Oct. 9,1933
do
Dec. 19,1933July 21,1933June 28,1932Mar. 20,1934Mar. 25,1932
Jan. 27,1932Feb. 10,1932
Oct. 15,1931Dec. 30,1931July 2,1931Jan. 4,1933Nov. 21,1932Jan. 22,1932
Dec.Aug.Sept.Apr.Jan.Dec.Sept.Dec.
21,193318,193322.193215,193228,19327,193129.193327,1932
Aug. 22,1930Dec. 29,1932
Sept. 21,1933Nov. 3,1933Dec. 30,1930
Feb. 17,1932Nov. 4,1932
i $227,867.009 10. 01
118,199. 0620,068.81
i 982,190. 00
17, 735. 30i 405,844.00
57, 055. 62
i 410,601.00
8, 260. 72246. 26
1,100.08164,125.1055, 338.1015, 074. 305, 255. 43
i 812,469. 00
1 193, 705. 00154, 301. 5854,003. 4311,067. 79
10.56i 1,143, 560. 001 1, 588,854. 00i 387,040.00246,410. 45
1 630, 298. 004 167. 565,409. 70
3 431, 640.0070,846. 20
i 1, 463, 662. 00i 255, 563. 00
96,019. 6283, 559.1713,161. 74
i 157, 638. 0029, 277.00
167,934. 0658, 369. 41
49,957. 92234. 47
21,487. 7281,105. 0711, 231. 6371, 616. 87
30, 470.1820,082.1338,161. 5562, 557. 941,432. 98
31, 201. 41e 85, 673. 7859, 622. 37
8,887.1894, 281.05
227, 280. 3696,932. 05
132.14
180, 316. 8356, 814. 01
25
7
i 35
16165
55
140
10401455
165
1455022
i 60165i 6565
125
9.753 4011
165i 65
502510
i 6012.5
10
10
13.1581525
50355
22
106105. 2520
525
37.550
1818
555916
135
8116575
140
20104240145015
165
145504450
7.516065
16565
1254 88.333364.75
3402365
165
5025
22.5
41.546. 6666
555088.174.66663538
503516643534
6105. 2520
4637.5
37.55032.5
5838
Footnotes at end of table.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
462 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 49.—Dividends paid to creditors of insolvent national banks under thesupervision of the Comptroller of the Currency, including distributions by con-servators as reported by receivers, during the year ended Oct. 31, 1984*—Continued
Trustno. Location Title Date receiver
appointed
Dividends paid duringthe year
Amount Percent
Totalpercentof divi-dendspaid tocreditors
2448144321532822177324952570
2397
246618992183
19851589
230222232742
215427121634
14771923
1828170119941896
2682229226492475169119152382240220321521199719392474
264517281599
2445235823572530260718982789
1484
273023192044
1433
2261
22602210
1765
Goodhue, MinnGoreville, 111Gormania, W. Va...Goshen, IndGraceville, FlaGreattinger, Iowa...Grand Forks, N.
Dak.Grand Rapids,
Mich.Grantsville, MdGranville, N. Y ——_do
Great Bend, Kans_.Green Bay, Wis
Greeneville, Tenn__.Greenfield, 111Greensburg, Ind
Greensburg, Kans-..Greenup, KyGreenville, Mich
Greenwood, Miss...Griggsville, 111
First National Bank..—do.__.doCity National BankFirst National Bank. — .do
do
Gulfport, MissHagerstown, MdHamilton, 111Hammond, Ind
Hampshire, 111Hampstead, MdHancock, MdHankins, N. YHankinson, N. Dak.Harlem, MontHart, MichHartford, MichHartington, Nebr__.Hartselle, AlaHartwell, GaHarvey, 111Harveysburg, Ohio_.
Hastings, MichHastings, NebrHattiesburg, Miss...
Havensville, Kans..Haverhill, Mass
do-
Grand Rapids NationalBank.
First National BankFarmers National Bank.Granville National
Bank.Citizens National Bank.McCartney National
Bank.Citizens National Bank.First National BankCitizens Third National
Bank & Trust Co.First National Bank in..First National Bank.—Greenville National
Bank.First National BankGriggsville National
Bank.First National Bank in..First National Bank....
do.Hammond National
Bank & Trust Co.First National Bank
do
Oct. 13,1933Dec. 5,1930Oct. 11,1932May 8,1934Oct. 27,1931Oct. 30,1933Nov. 15,1933
Sept. 25,1933
Oct. 25,1933Jan. 18,1932Nov. 21,1932
Feb. 20,1932May 29,1931
June 3,1933Jan. 10,1933Feb. 26,1934
Oct. 12,1932Feb. 1,1934July 21,1931
Dec. 27,1930Jan. 26,1932
Dec. 3,1931Oct. 5,1931Mar. 4,1932Jan. 18,1933
_do._do__do__do._do.
Olney National Bank.First National Bank..
dodo
Hawkeye, IowaHayti, S. DakHazard, KyHeadland, Ala
Helena, Ark
.doHarveysburg National
Bank.Hastings National Bank.First National BankCommercial National
Bank.First National BankEssex National BankFirst National Bank
.do
Jan.Mar.Dec.Oct.Sept.Jan.Sept.Sept.JuneFeb.Mar.Feb.Oct.
12,193410,193328,193325,193328.193121.193214.193326,19331,1932
16,19318,19321,1932
25,1933
.do.
Hempstead, N. Y.-Henderson, Iowa...Henderson, Ky
Hendersonville, N.C.
Heppner, Oreg
doHermosa
Calif.Herrin, 111.
Beach,
First National Bank in..Farmers & Merchants
National Bank.Interstate National
Bank.First National BankFarmers National Bank.Henderson National
Bank.Citizens National Bank.
Farmers & Stockgrow-ers National Bank.
First National Bank— d o
Dec. 27,1933Oct. 13,1931June 12,1931
Oct. 11,1933Aug. 29,1933
doNov. 3,1933Dec. 11,1933Jan. 18,1932Mar. 29,1934
Jan. 3,1931
Feb. 13,1934July 28,1933June 11,1932
Nov. 28,1930
Feb. 2,1933
-do-
City National Bank
Dec. 29,1932
Oct. 22,1931
$82,817. 6412,324.004,292. 02
1 350,540.006,304.97
51.023.471 2,004,177. 00
2 6, 597, 651. 40
115,973.71138, 779.69
5,178. 06
83.242.484, 683.83
204,203. 6365,725.35
2 426,988.90
278. 621142,936. 00
11,905. 41
23,831. 3838, 626. 77
" 2,169.69211,057. 53
122. 678,317.45
98,591. 85133.450.44
i 191,648.0066,900.66
128.3612,873. 43
122,977.9593,155.4813,278.1513,847. 3121,977. 27
127,481. 9735,623.02
1 472,354. 00252.051.45
2, 500.00
20,887.834 1,928,489.291 1,268,548.13
32,913.5529,577.9395, 795.77
1 23,877.00
»551.39
1,602, 283.0841,711. 65
« 128,419. 62
576.82
22,056. 3154, 267.942,329.90
60,347. 45
2516.36
1505
60150
2 60
37.512.53
32.5
4515
2 80
1405
19
10
1515
14042
104028
55
2518.333375
20
90< 85165
503017
120
507510
6
30
20
25.6.3
12.5
22503060
150
37.537.518
7570
4548.3333
280
1014043
30
30.5487517.5
1565
14042151540281040575075
5535
9085
165503062
120
58.3333
5075
45
Footnotes at end of table.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OP THE CURRENCY 463TABLE NO. 49.—Dividends paid to creditors of insolvent national banks under the
supervision of the Comptroller of the Currency, including distributions by con-servators as reported by receivers, during the year ended Oct. 31, 1934*—Continued
Trustno. Location Title
Date receiverappointed
Dividends paid duringthe year
Percent
Totalpercentof divi-dends
paid tocreditors
22151934237720141962
2791274615852156
2783233712641943
1827
17942023
144926712198
1818140624982753
263724642310
226920547812550136218662108
1351
212928192293
21231687191922052030
15872270174826941879183215482356
21432231
152221862723136620382332
Herrin,IllHiawatha, Kans..Hicksville, Ohio..Highland, Kans.._High Point, N. C__Hillsdale, Mich...Holly Grove, Ark.Holton, KansHomer City, Pa...Honaker, Va._.Hoopeston, I1LHope, IndHopedale, 111...
Hope well, Pa._
First National Bank.do.do.
-do-Commercial National
Bank.First National Bank........do
do-_lHomer City National
Bank.First National Bank
do.
Hoquiam, Wash.Hornell, N. Y_._.
doHorse Cave, Ky_Houlton, Maine-Houston, Tex
Citizens National Bank.Hopedale National
Bank.Hopewell National
Bank.First National Bank___.Citizens National Bank
& Trust Co.First National Bank.._.
do.
Houtzdale, Pa__.Howe, TexHubbard, Iowa..Hudson, Wis
Hull, IowaHumboldt, IowaHuntington Park,
Calif.Huntsville, Tenn__.Hurley, WisHuron, S. DakHuttig, ArkIdabel, OklaIdaho Springs, Colo_Independence, Iowa-Independence, Kans.Indiana, Pa
doIndianapolis, Ind__
Indianola, IowaInkster, MichIowa City, Iowa_-_Iowa Falls, Iowa___Iron Mountain,
Mich.Ironwood, MichIrwin, PaIsanti, MinnIshpeming, Mich__Itasca, TexIthaca, MichIvanhoe, MinnJackson, Mich
Jackson, Minndo
Farmers National Bank.Public National Bank
& Trust Co.First National BankFarmers National Bank.First National BankThe National Bank of
Hudson.First National Bank.....doCity National Bank
First National BankHurley National Bank,.First National Bank
do.State National BankFirst National BankBuchanon County Na-
tional Bank.Commercial National
Bank.Citizens National Bank.First National BankContinental National
BankFirst National BankInkster National Bank..First National Bank
do
Jackson, MissJacksonville, 111Jasonville, IndJasper, FlaJayton, TexJefferson City, Mo.
United States NationalBank.
Iron National BankCitizens National Bank.First National Bank..-.Miners National Bank..Itasca National Bank...Ithaca National Bank...First National BankUnion & Peoples Na-
tional Bank.Brown National Bank-.Jackson National Bank
in.First National Bank.__.Ayers National Bank...First National Bank.__.
dododo
Dec. 31,1932Jan. 28,1932Sept. 13,1933Apr. 26,1932Feb. 10,1932
Apr. 3,1934Feb. 27,1934May 23,1931Oct. 18,1932
Mar. 26,1934Aug. 15,1933Feb. 15,1929Feb. 2,1932
Dec. 3,1931
Nov. 6,1931May 10,1932
Feb. 27,1932Dec. 9,1930Jan. 9,1934Dec. 13,1932
Nov. 30,1931Oct. 8,1930Oct. 30,1933Mar. 1,1934
Dec. 20,1933Oct. 24,1933July 13,1933
Feb.JuneMar.Nov.Apr.Dec.Aug.
9,193321,193214,19248,1933
19,193023,19311,1932
Mar. 14,1930
Sept. 12,1932M a y 2,1934Apr. 8,1933
Aug. 20,1932Sept. 23,1931Jan. 22,1932Dec. 27,1932May 24,1932
May 26,1931Feb. 10,1933
16,1931Oct.Jan.Jan.Dec.Apr.
17,19342,19327,1931i, 1931
Aug. 24,1933
Oct. 3,1932Jan. 16,1933
Feb. 16,1931Nov. 21,1932Feb. 5,1934May 13,1930June 8,1932Aug. 10,1933
$212,354. 6123,703.7872, 475.7511,026.10
359, 005.46
i 209, 665.006, 678. 62
17,760.7448, 274.12
i 189,735. 00240.294.92
14,704.1025, 651.08
247.13
84,461. 89368.496.93
296, 015. 62• 72.97
1 250,211.00106,785.47
9 828.853, 025. 32
53, 304.002 240,831. 92
51,926. 67i 381,442. 00
36, 589. 04
7,626. 9955,979. 54
449. 3524,030. 331,174. 88
24, 592.07142,420. 70
* 13, 994. 22
1,864. 981,806,089. 00
75, 214. 85
25, 594.8610,923. 6673, 717. 2348, 250.49
105, 730. 62
19, 268. 3030,805. 3418,173. 36
1,089, 708. 8319,943.0363, 248. 458,994. 43
2,809, 502. 00
27,838. 5036, 528. 43
111,517.81303, 752. 95
31, 572. 88111.86
14, 321. 6779, 584. 60
207.5
551510
115255
12.5
150503.98
25
30
20
1353.5
560
2 78
45i 50
10
1520
33.5
21.520
15065
105
101824
5.53010
1601012.56
135
3025
71018
4545556525
152532.527.5
1505076.4860
85
32.530
6080353.5
504060
:78
455010
30602133.5104450
76
12.55065
6062.5
49
7730606030604135
48.540
57101827
60
Footnotes at end of table.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
464 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 49.—Dividends paid to creditors of insolvent national banks under thesupervision of the Comptroller of the Currency, including distributions by con-servators as reported by receivers, during the year ended Oct. 31,1934*—Continued
Trustno. Location Title Date receiver
appointed
Dividends paid duringthe year
Amount Percent
Totalpercentof divi-dends
paid tocreditors
209116132526
272525541629
144024302380187120002594
2178
20791708259323181256249918681611
15691568
2300
2442
1422
177114752410284921661760128412902034
2328
181416621455146721242359172610631656225721072042
1983228021481566168028282259
25252713265213792508
Jenkins, KyJenkintown, PaJewell, Iowa
Johnstown, PaJoliet, 111
do
Junction City, Ark.Kanawha, IowaKansas, OhioKelso, WashKendallville, Ind—Kenmare, N. Dak_.
Kenosha, Wis
First National BankCitizens National Bank-First National Bank of
Jewell Junction.First National Bank
doWill County National
Bank.First National Bank
do
July 12,1932June 27,1931Nov. 3,1933
Feb. 5,1934Nov. 10,1933July 15,1931
_do__do.
Kerman, CalifKewanee, 111Keyser, W. VaKingfisher, Okla . . .Kingsbury, TexKingsley, IowaKingston, TennKing wood, W. Va_.
Kinston, N. Cdo.
Citizens National Bank-First Kenmare National
Bank.United States National
Bank & Trust Co.First National Bank in_.First National Bank
do
Dec.Oct.Sept.Dec.Mar.Dec.
3,19307,193313,193329,193116,19328,1933
Nov. 15,1932
. .do._do.
Kitzmiller, Md
Knoxville, Iowa
Knoxville, Tenn
Kokomo, IndLadonia, TexLa Harpe, KansLa Junta, ColoLake Benton, Minn.Lake City, IowaLakeland, FlaLangdon, N. DakL'Anse, Mich
Farmers National Bank-First National BankKingwood National
Bank.First National BankThe National Bank of
Kinston.First National Bank of
Kitzmillerville.Knoxville-Citizens Na-
tional Bank. & TrustCo.
Holston-TJnion NationalBank.
Citizens National Bank_First National Bank
do
JulyOct.Dec.JulyJan.Oct.Dec.June
2.19326,19318.193327,193310,192930,193324,193123,1931
M a y 1,1931do
May 19,1933
Oct. 10,1933
Nov. 12,1930
.do-National Citizens Bank-First National Bank
do_do_
Larchmont, N. Y
Laredo, Tex.._Latrobe, PaLaurens, S. CLaurinburg, N. CLawrenceville, 111...Lebanon, IndLeechburg, PaLeeds, N. DakLehigh, IowaLeigh, NebrLeland, 111 . . . . . . . . . .Leominster, Mass...
Leroy, 111Le Sueur, MinnLewisville, IndLima, OhioLimon, ColoLincoln, 111Lincoln Park, Mich.
Lindsay, CalifLinton, IndLitchfield, Nebr.. . .Litchville, N. Dak.Little Kock, Iowa..
Baraga County NationalBank.
Larchmont NationalBank & Trust Co.
First National BankPeoples National Bank _Farmers National Bank-First National Bank
.do
Oct.Dec.Sept.JuneOct.Oct.MayJuneJune
23.193126.193030.193318.193428.193222.193115,192914,19292,1932
Aug. 5,1933
_do_Farmers National Bank.First National Bank. . . . .do..—do
doLeominster National
BankFirst National Bank
.do.
Nov.Aug.Dec.Dec.Aug.Aug.Oct.Dec.Aug.Feb.Aug.June
30,193124.193116,193023.193022.193229.193312.19311,1926
17.19312,19331,1932
11.1932
..do-Old National City Bank.Limon National Bank..Lincoln National Bank.Lincoln Park National
Bank.First National Bank
.do. .do... .do... .do..
Feb . 19,1932Feb. 15,1933Oct. 8,1932Apr. 29,1931Sept. 16,1931M a y 10,1934Feb. 2,1933
Nov . 2,1933Feb. 1,1934Dec. 29,1933June 30,1930Oct. 31,1933
$32,734. 97431.82
119, 342. 47
2,443, 366. 732 2,311, 256. 06
» 185.49
14,403.8362, 725.0617,301. 3838, 962. 7032,963.1722,412.90
106, 711.97
20, 205. 70»61.98
i 354, 556. 0062,312.9911,475.9247,611.73
5,141. 52247. 59
1, 587.89391.17
72,462. 95
i 309,818.00
«503, 724.86
359,186. 62751. 62
16,850. 93i 126, 279. 00
21,949. 0827,900. 91* 1, 985. 44
809. 6871,979. 31
195,969. 66
9,600.00462, Oil. 67
5,812.773,162.00
151, 522.40389,864.93
54,403. 533.391.26
9 39. 49104,384. 24
162.41»45.11
31,912.1640, 627.0026,848.7493,284.896.026.27
i 455,856. 0066,062. 57
25,057.323 505,383.00
69,175.227,084.12
49,239. 65
90
252 70
572.53512. 5101.9
15
17
1405020. 655548
37.5
140
40160
14
15
620
53.5
3085102.944
53.3333
203012.55
17.56135
33.3333
253 45
505
50
56. 66661090
252 70
15
9072.53543.580
1.9
25
5649
1405040. 655544810
910
37.5
140
<45
46. 66665
40160
1444
20
36. 6666
15
17602068.545855082.9445553.333321.2570653027.54277.56
13543.3333
25345
503750
Footnotes at end of table.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 465
TABLE NO. 49.—Dividends paid to creditors of insolvent national banks under thesupervision of the Comptroller of the Currency, including distributions by con-servators as reported by receivers, during the year ended Oct. 81,1934*—Continued
Trustno. Location Title Date receiver
appointed
Dividends paid duringthe year
Amount
$79,646.0051, 505. 0440, 247.43
i 603,104.003 435,835. 00
5,113.05102,866. 86261,926.19
53, 667.14686, 868. 95
53, 415. 5016,007.84
3 298, 727.0018, 013. 09
9 21, 724. 00
234,944.10
i 290,440. 00
3, 681. 6672,047. 37
476.19
64,497. 6249,435. 8011,048.64
i 517, 369. 001, 719. 35
9 15. 95
5,177.1022,173. 5413, 849. 53
204. 57< 259, 671. 00
58, 231. 5623, 828. 76
9 172. 2240, 772. 6437,445. 03
234, 309. 8237,988. 6592,803. 34
24.2225,155. 9411,983.1899, 579.08
i 150,475.00
212,054.15i 917, 717.00
179, 591.321,118. 00
46,776. 01154,184. 43
i 559,309.00
274,107. 5087, 381. 5628, 227. 8182, 596. 39
i 306,813. 00131,925. 07
i 947, 559.0013, 768. 9918, 545. 08
1.701 123, 023. 00
17,969. 4216,317.84
Percent
3012.56
140
5.7815202310
5020
3 5015
5
135
520
254014.14
130
55
20
206.736
1125603520
405
20145
55145
12.51.28
4050
160
2712.57
15150
10160
203.604
1402512.5
Totalpercentof divi-dends
paid tocreditors
222818351552
2714180020091977190823611658
1882236018621424
1946
2762
148922681538
265324241689275818671590
1667138921771550124222411228
12632435225126092532207013042505180721272817
2233257714441061259724852835
220420651648223026781558230117448991291277821492340
Littleton, ColoLodi, OhioLogan, Ohio
Logan, W. VaLogansport, IndLonaconing, Md.._Long Beach, Calif-Long Branch, N. J.Lorimor, IowaLos Angeles, Calif—
First National Bank.__.Peoples National Bank..First-Rempel National
Bank.First National Bank....
.do...do..
Lost Nation, Iowa_.Louisa, VaLouisburg, N. CLouisville, Ky
Seaside National Bank..Citizens National Bank.First National BankUnited States National
Bank.Wilshire National Bank.First National Bank
.do...do-
Lowell, Mass
Ludington, Mich
Ludlow, MoLumberton, Miss__.Luverne, Minn
Lykens, PaLynch, KyLynchburg, Ohio..Lyndhurst, N. J__Lynn, MassLynwood, Calif
Lyons, GaMcLeansboro, 111..McLoud, OklaMacedon, N. YMacon, GaMadison, NebrMadison, S. Dak._
Manchester, Iowa...Mancos, ColoManila, IowaManistee, MichMansfield, ArkMaquoketa, Iowa__.Magnon, 111Marathon, IowaMarceline, MoMarengo, 111Marianna, Ark
Marine City, Mich.Marion, IndMarion, 111Marked Tree, Ark..Marmarth, N. Dak.Marseilles, 111Marshfield, Wis
doMartinsville, Ind. _Maryville, MoMaryville, Tenn...Mascoutah, 111Masontown, PaMassillon, OhioMathis, TexMatoaka, W. Va._.Mayville, N. Dak.Mayville, WisMazon, 111 __.Mebane, N. C
The National Bank ofKentucky.
Middlesex NationalBank.
First National Bank &Trust Co.
First. National Bank.do.
First & FarmersNational Bank in.
First National BankLynch National Bank_.First National Bank
.do.State National Bank in.The National Bank of
Lynwood.First National Bank
.do...do....do..
Fourth National Bank..First National Bank....Lake County National
Bank.First National Bank
.do..do.._do_...do..
..do..
._do-
..do-
..do-Lee County National
Bank.Liberty National Bank..First National Bank
.do...do....do..-do-
American NationalBank.
First National Bankdo -
.....do
..do-
..do..
..do-_do....do-..do-..do..
Jan. 12,1933Dec. 8,1931Apr. 16,1931
Feb. 1,1934Nov. 11,1931Apr. 11,1932Feb. 17,1932Jan. 20,1932Sept. 5,1933Aug. 18,1931
Jan. 22,1934Jan. 11,1932Aug. 30,1933Dec. 22,1931Nov. 17,1930
Feb. 3,1932
Mar. 8,1934
Jan. 9,1931Feb. 9,1933Mar. 23,1931
Dec. 29,1933Oct. 3,1933Sept. 28,1931Mar. 5,1934Dec. 23,1931M a y 29,1931
Sept. 3,1931Aug. 4,1930Nov. 15,1932Apr. 10,1931Nov. 26,1928Jan. 20,1933Aug. 29,1928
Feb.Oct.Jan.Dec.Nov.JuneAug.Oct.Nov.Aug.May
13,19299,193330,193312,19333.193328.193214,192931.193313.193129.19321.1934
Jan. 17,1933Dec. 5,1933Dec. 5,1930Nov. 30,1926Dec. 8,1933
27,1933Oct.May 23,1934
Dec.JuneAug.Jan.Jan.Apr.MayOct.Mar.JuneMar.Oct.Aug.
22,193227.193210,193113,193312,193418,193123.193315,19313,192525,192923.19348,193216,1933
6077.550
1403 6027.78;7.5&2370
50403 50853 67
42.5
35
87.52022254064.14305025
25254765
4 842076. 736
751170603536. 66669540275045
5514534.511.28405060
2735673515020605588. 60475405312.5
Footnotes at end of table.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
466 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 49.—Dividends paid to creditors of insolvent national banks under thesupervision of the Comptroller of the Currency, including distributions by con-servators as reported by receivers, during the year ended Oct. 31, 1934*—Continued
Trustno. Location Title Date receiver
appointed
Dividends paid duringthe year.
Amount Percent
Totalpercentof divi-dends
paid tocreditors
1625
1649
1434196919701031
168120661470187512491692238723841049134426182335
2470
2451
2059
2492276316751725
13501799
24782105255122191959
195723492676257324182675
1253
1678180426582587161622472200281118541598
2449
2327
191022162336184719382575
Mechanicsville,N. Y.
do
Mendon, OhioMendota, 111
doMerced, Calif
First National Bank
Manufacturers NationalBank.
First National Bank.do.
Merrill, IowaMesa, ArizMiami, FlaMiddleport, N. Y...Middletown, Del...Midland City, Ala..Midland Park, N. J.Midway, PaMilbank, S. Dak_...Milford, 111Millbury, MassMillersville, Pa
Millington, Mich__.
Millville, N. J
Milton, Iowa
Mendota National BankFarmers & Merchants
National Bank.First National Bank
.do.City National Bank in_.First National BankPeoples National Bank_.First National Bank
do.Midway National Bank_First National Bank
.do.
Mineral Wells, Tex.Mobile, AlaMobridge, S. Dak.Mohawk, N. Y . . .
Momence, HL.Monessen, Pa.
Monmouth, 111Monroe, N. YMonroeton, PaMonrovia, IndMonterey Park,
Calif.Monte Vista, Colo.Monticello, KyMonticello, 111Montour, IowaMontpelier, IndMontpelier, Ohio__
Moorhead, Minn
Mora, MinnMorgantown,W.Va.Morris, MinnMorrison, 111Morrison ville, 111Morristown, Tenn__Motley, MinnMott, N. DakMound City, 111Mountain Lake,
Minn.Mount Ephraim,
N. J.Mount Holly, N. J._
Mount Olive, Ill___.Mount Vernon, I1L.Mulberry, IndMullins, S. CMurfreesboro, Tenn.Murray, KyMuskogee, Okla
Millbury National BankMillers ville National
Bank.Millington National
Bank.Mechanics National
Bank & Trust Co.The National Bank of
Milton.First National BankMobile National Bank_.Security National Bank.National Mohawk Val-
ley Bank.First National BankFirst National Bank &
Trust Co.Peoples National Bank .Monroe National Bank..First National Bank
dodo
.do-Citizens National Bank.First National Bank. — .do
do.Montpelier National
Bank.First & Moorhead Na-
tional Bank.First National Bank.._.Second National Bank..Morris National Bank..First National Bank
.do.-do....do.._do_..do...do..
Mount Ephraim Na-tional Bank.
Mount Holly NationalBank.
First National Bank in..Third National Bank..Citizens National Bank.First National Bank
.do..do..
July 9,1931
Aug. 10,1931
Nov. 29,1930Feb. 12,1932
doSept. 23,1926
Sept. 18,1931June 27,1932Dec. 23,1930Dec. 30,1931Dec. 14,1928Sept. 28,1931Sept. 15,1933
do.Nov. 15,1926Mar. 4,1930Dec. 13,1933Aug. 15,1933
Oct. 25,1933
Oct. 13,1933
June 25,1932
Oct. 27,1933Mar. 8,1934Sept. 11,1931Oct. 12,1931
Dec. 17,1931Nov. 6,1931
Oct. 26,1933July 28,1932Nov. 8,1933Jan. 5,1933Feb. 9,1932
Feb. 8,1932Aug. 23,1933Jan. 12,1934Nov. 16,1933Oct. 3,1933Jan. 12,1934
Dec. 24,1928
Sept.Nov.Jan.Dec.JuneJan.Dec.Apr.Dec.June
14,193111,19312,19347,1933
29.193125.193316.193223.193419,193112,1931
Oct. 13,1933
Aug. 4,1933
Muskogee-Security Na-tional Bank.
Jan.Jan.Aug.Dec.Feb.Nov.Nov.
20.19323,1933
15.193314,19311,1932
23,19337,1925
$108,787.35
259,158. 26
9 102. 679 49. 249 93. 31
46.55
9, 263. 2793,162. 3477, 726. 62
43.5915,488.164, 847.80
176,853. 02118, 742. 71
13, 546. 2026, 230.15
39, 586. 82
18, 515. 94
138, 461. 65
8, 268. 89
6, 657. 0073, 466. 9411, 499. 3569, 315.17
77, 748. 69725. 53
192,164. 9680, 283. 69
115, 293. 4144, 435. 8923, 763. 20
13, 212. 9198, 609. 51
i 277, 491. 0369,587. 6076, 893. 72
i 229,837. 00
* 15. 74
90.66320, 070.16
24, 615. 99118, 386.1426,820. 97
389, 303. 297, 524. 39
i 351, 975. 0014, 720. 2917, 505. 54
67,154. 50
65,137. 06
6, 770. 43743, 619. 40106,123.15
15,861. 44138,979. 95463, 444. 4746,127. 28
540
3.55
65545.588.013
7 5512.5
25
20
12.5
1015108.5
17
5021
408
870
1504844
150
2525651243. 666610
17512.518
45
25
651015653.345
67
606562.549
557532.55456. 8335
655460.5883.013
75512.5
25
20
101522.5
5020
507166. 66666538
70504844
'50
58
60552565384& 666620
»7562.583
45
25
30.5506553.333341. 66666591. 345
Footnotes at end of table.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 467
NO. 49.—Dividends paid to creditors of insolvent national banks under thesupervision of the Comptroller of the Currency, including distributions by con-servators as reported by receivers, during the year ended Oct. 31, 1931+*—Continued
Trustno. Location Title Date receiver
appointed
Dividends paid duringthe year
Amount Percent
Totalpercentof divi-dends
paid tocreditors
281624012307
248227392775
27762045
1767169825281294
2281
17852599
26311627
2497
163324112399
1976
21652441
2711
2632
17822315
2736
2459
1682
2039
24832392
Naperville, 111...Nappanee, Ind_.Natchez, Miss_.
First National Bank._.do.
Neillsville, Wis_-_Ness City, Kans._New Albany, Ind_
doNewark, N. J_
Newark, N. Y .New Bedford, 111....New Berlin, PaNewberry, S. C
New Brunswick,N. J.
Newburg, W. Va—New Castle, Ind___.
New Castle, PaNew H a m p t o n ,
Iowa.
New London, Iowa-
New London, Ohio..Newman, 111New Matamoras,
Ohio.Newport Beach,
Calif.Newport News, Va_.New Richland,
Minn.New R o c h e l l e ,
N. Y.New Wilmington,
Pa.New Windsor, M l .New York, N. Y—
_do..
.do.
.do..
.do..
.do..
Niagara Falls, N. Y.Niles, Mich
Noble, 111Nogales, ArizNokomis, 111Norfolk, NebrNorth Bend, Nebr.Northboro, Iowa._.North Rose, N. Y._North wood, Iowa._Norton, Va
18412266182122672131177821111545
246822972581238923411546
Footnotes at end of table.
Oak Harbor, Ohio__Oakland, CalifOakland, MdOakland, NebrOakley, KansOak Park, 111
Britton & Koontz Na-tional Bank.
First National BankFirst National Bank in_.New Albany National
Bank.Second National Bank..New Jersey National
Bank & Trust Co.First National BankFarmers National Bank.First National BankNational Bank of New-
berry.Citizens National Bank.
First National BankFarmers & First Na-
tional Bank.Union National Bank.._Second National Bank..
New London NationalBank.
Third National Bank...Newman National BankFirst National Bank
....do
Schmelz National Bank.First National Bank
National City Bank
First National Bank
....doDouglaston National
Bank.Elmhurst National
Bank.Harriman National
Bank & Trust Co. ofthe City of New York.
Queensboro NationalBank of the City ofNew York.
Rockaway Beach Na-tional Bank.
Washington NationalBank.
Falls National BankCity National Bank &
Trust Co.First National BankNogales National Bank..Nokomis National BankNorfolk National Bank..First National Bank
.do._do_..do..
The National Bank ofNorton.
First National BankCentral National Bank..Oarrett National Bank..First National Bank
do..—do
Apr. 27,1934Sept. 26,1933July 1,1933
Oct. 26,1933Feb. 21,1934Mar. 23,1934
doJune 11,1932
Oct. 23,1931Oct. 1,1931Nov. 3,1933July 1,1929
Feb. 16,1933
Oct. 30,1931Dec. 8,1933
Dec. 19,1933
July 14,1931
Oct. 30,1933
July 20,1931Oct. 2,1933
Sept. 26,1933
Feb. 17,1932
Oct. 27,1932
Oct. 10,1933
Feb. 1,1934
Dec. 19,1933
Oct. 19,1931
July 21,1933
Feb. 21,1934
Oct. 16,1933Aug. 26,1931
Sept. 19,1931
June 10,1932
Oct. 26,1933Sept. 18,1933
Nov. 14,1931Dec. 11,1931Feb. 9,1933Dec. 2,1931Feb. 9,1933Sept. 16,1932Oct. 29,1931Aug. 8,1932Mar. 31,1931
Oct. 25,1933May 8,1933Dec. 5,1933Sept. 18,1933Aug. 18,1933Apr. 1,1931
i $131,334. 0060, 780. 71
423,192. 53
3 150,193. 0049,431. 79
1 257, 370. 00
i 733,478. 001, 371,126. 63
92, 632. 85244. 48
115, 786. 9235.25
111,471.37
12, 795. 61i 378, 634. 00
20,000.0067, 218. 84
30, 982.18
39, 502. 4099, 559. 91
229, 992. 75
35, 320. 57
20, 076. 6785, 949. 70
i 2,097, 344. 00
i 418, 952. 00
78, 529. 0772,133.15
i 287,729. 69
5 8, 637, 548. 36
1, 246. 60
83, 481.12
13,128. 62
420,949. 611 756,127. 00
14, 639. 3534, 003. 6725, 772. 6387,411.5294, 485. 3212, 982. 7638, 666. 4937, 356. 24
70.01
3 328,903. 0013, 269,063. 002 680, 452.90
71,888. 0716, 549. 33
193.96
13533.333330
3 6535
135
150
5
~60~'
5135
2011
35
105075
27
572
130
150
17.543.5
150
5 50
25
40155
1010121075101020
3 451 702 85
8520
13533. 3333
3 6535
135
15075
32.5135
20
76
35
72.55075
7172
30
150
87.543.5
50
5 50
72
75
75
40155
3437127075104035
32.5
3 451 702 85852040
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
468 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 49.—Dividends paid to creditors of insolvent national banks under thesupervision of the Comptroller of the Currency, including distributions by con-servators as reported by receivers, during the year ended Oct. 31, 1934*—Continued
Trustno. Location Title Date receiver
appointed
Dividends paid duringthe year
Amount Percent
Totalpercentof divi-dends
paid tocreditors
23531927
227816401584240627052383
1950205226282703247610792209225513601907
1711
24402748846177517872158135915181528254921301647228926461472
2469192823142717
14112795267923662571
25351580
2601
17831724
2692
2612
1954
1384
1936136419891990227519742175
Oberlin, LaOcean Grove, N. J__
Oceanside, CalifOconto, WisOdessa, TexOdin, 111Olive, CalifOliver Springs, Tenn.
Olympia, WashOneida, 111Orange, N. JOrange burg, S. C___Oregon, WisOrtonville, Minn
.do.
First National BankOcean Grove National
Bank.First National BankOconto National Bank..Citizens National Bank-First National Bank
.do.
Oshkosh, WisOskaloosa, Iowa...
do
Ottawa, 111
Oxford, AlaOxford, PaOzark, AlaPaducah, KyPaducah, TexPalestine, 111Pana, 111Panama City, Fla__.Paris, TexPark Rapids, Minn.Parma, IdahoParshall, N. Dak._.Pawhuska, OklaPaw Paw, MichPecan Gap, Tex
Peckville, PaPekin, 111Pelham, N. YPendleton, Oreg._
Perry, FlaPerry, OklaPeru, 111Peru, IndPetersburg, Va....
Philadelphia, Pa_.do
Tri-County NationalBank.
Olympia National Bank.First National BankOrange National Bank..Edisto National Bank,__First National BankCitizens National Bank.First National BankCity National BankFarmers National Bank.Oskaloosa National
Bank.The National City Bank
of Ottawa.First National BankFarmers National Bank.First National BankCity National BankSecurity National Bank.First National BankPana National BankFirst National BankAmerican National B ank.First National BankParma National Bank__.First National BankLiberty National Bank..First National BankPecan Gap National
Bank.Peck ville National Bank.Farmers National Bank.Pelham National Bank..First Inland National
Bank.First National Bank
do
.do.
Philippi, W. Va._Philipsburg, Pa__.
Pico, Calif
Pikeville, Ky
Pikesville, Md—
Pine Bluff, Ark
Pine ville, KyPine ville, W. Va_.Pitcairn, Pa
do.
State National BankFirst National BankFirst National Bank &
Trust Co.Lehigh National Bank-..Overbrook National
Bank.Tulpehocken National
Bank & Trust Co.Citizens National Bank.Moshannon National
Bank.The National Bank of
Pico.Day & Night National
Bank.Pikesville National
Bank.National Bank of Ar-
kansas.Bell National BankFirst National Bank....
.do
Pitsburg, Ohio...Pittsburg, Kans..Pittsburgh, Pa._.
Peoples National Bank..First National Bank
doDuquesne National
Bank.
Aug. 23,1933Jan. 26,1932
Feb. 15,1933Aug. 3,1931May 19,1931Sept. 27,1933Jan. 26,1934Sept. 14,1933
Feb.JuneDec.Jan.Oct.Jan.Dec.Jan.Apr.Jan.
3,193221.193219.193323.193425,19334,1927
29.193231.19339,1930
20,1932
Oct. 6,1931
Oct. 10,1933Feb. 27,1934Oct. 23,1924Oct. 28,1931Nov. 2,1931Oct. 20,1932Apr. 1,1930Feb. 12,1931Mar. 9,1931Nov. 8,1933Sept. 12,1932Aug. 8,1931Mar. 8,1933Dec. 28,1933Dec. 26,1930
Oct. 25,1933Jan. 26,1932July 21,1933Feb. 1,1934
Oct. 25,1930Apr. 9,1934Jan. 12,1934Sept. 6,1933Nov. 16,1933
Nov.M a y
3,193315,1931
Dec. 8,1933
Oct.Oct.
Jan.
Dec.
Feb.
July
Jan.MayMar.
do.
30,193112,1931
16,1934
12,1933
6,1932
21,1930
28,19321,19302,1932
Feb.Feb.Nov.
13,193317,193215,1932
$26,883.44178,622.89
61,364. 6457,694. 65
199. 5328, 697.0314,059.8043, 515.90
129, 292.1521, 379. 75
i 2,448,035. 001 574, 357. 00
96,101. 6513,018.1288,440. 95317,865. 453,000.0077,801. 58
124,100. 69
50,507.021 186, 253.00
6,863. 70475,162. 9736, 570. 36
41.0026,194. 7532,681.4047, 775. 55
2 219,994. 2411,462. 65
42.788,889. 37
183,276. 82165. 26
i 774,827. 00100, 511. 00113,472. 78
1 2,265, 652. 00
97.361 231,188. 00i 605,100.00190,888. 86
i 1,461,142.00
81,681. 28115, 705.90
63, 233. 22
90, 591. 44192,078. 21
8,113.31
55, 286. 45
80, 451.16
9 59. 54
42, 266. 35» 45.61
106, 399. 5398,041. 798,400.00
167,405. 031,021, 673. 87
2015
2010
25i 55125666.22012.536
15
55150
2.31010
2 5515
4050
i 6012.511
160
18515023
150
345
60
1515
17
50
10
10
15284016. (30
2041
2051. 666623.3333373587
2758. 333355256661.23582.56947. 6666
47
55507.33017204535402 553010 '405037.5
16075.16661116019855023150
3440
60
43
52
17
50
58
42
502550508561. 666650
Footnotes at end of table.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 469TABLE NO. 49.—Dividends paid to creditors of insolvent national banks under the
supervision of the Comptroller of the Currency, including distributions by^ con-servators as reported by receivers, during the year ended Oct. 31,1934*—Continued
Trustno.
2171177016941780
1684
19332660
12271679
2488
2262
245214292417
17181580
1949
165115832686238115402536251226271911
2545
2688
16662576
17661704209012662502
1856
14861672273225191951
14392294
1517170219871922
15201243
23062565
Location Title Date receiverappointed
Dividends paid duringthe year
Amount Percent
Totalpercentof divi-dends
paid tocreditors
Pittsburgh, Pado __-dodo
_do_
doPittsfleld, Maine—Plainview, Nebr
Plain view, Tex
Pleasant Unity, Pa_
Pleasantville, N. J_.Plumville, PaPlymouth, 111Plymouth, Ind
Point Marion, Pa__Point Pleasant,
W. Va.Point Pleasant
Beach, N. J.
Polo, 111Pomeroy, WashPonca City, Okla..Pontiac, MichPortage, PaPortland, Maine-_.Port Norris, N. J._Portsmouth, Ohio..Poseyville, Ind
Presque Isle, Maine.
Princeton, Ind
Princeton, Wis
Prineville, OregProctorsville, Vt . . .Prosperity, S. CPulaski, N. Y
doPuntaGorda, Fla__Rake, Iowa
Raleigh, N. C
Rails, TexRandolph, IowaRandolph, Nebr...Ransom, 111Raymond, Wash__.
Rector, ArkRed Bank, N. J____
Redmond, OregReed City, Mich.__Renovo, PaRensselaer, N. Y__.
Republic, PaRichland Center,
Wis.Richmond, KyRichmond Hill ,
N. Y.
Diamond National Bank.Exchange National B ank.Highland National Bank.Monongahela National
Bank.Bank of Pittsburgh Na-
tional Association.Third National Bank..Pittsfield National
Bank.First National BankPlainview National
Bank.Pleasant Unity National
Bank.Pleasantville National
Bank.First National Bank
.doFirst National Bank of
Marshall County.Peoples National Bank..Merchants National
Bank.Point Pleasant Beach
National Bank &Trust Co.
First National BankFarmers National BankFirst National Bank in._First National Bank at . .First National Bank
do..do.,.do..
Bozeman Waters FirstNational Bank.
Presque Isle NationalBank.
Peoples American Na-tional Bank.
Farmers-Merchants Na-tional Bank.
Prineville National Bank.The National Black
River Bank.Citizens National Bank.Peoples National Bank _Pulaski National Bank_.First National BankFarmers-First National
Bank.Commercial National
Bank.First National Bank
do.Security National Bank.First National BankFirst Wallapa Harbor
National Bank.First National BankBroad Street National
Bank.First National Bank
do._do_.
National Bank of Rens-selaer.
First National Bank_._.. . . . do
Citizens National Bank,Richmond N a t i o n a l
Bank of New York.
Nov. 14,1932Oct. 23,1931Sept. 28,1931Oct. 29,1931
Sept. 21,1931
Jan.Jan.
28,19323,1934
Aug. 22,1928Sept. 16,1931
Oct. 27,1933
Feb. 4,1933
Oct. 13,1933Nov. 21,1930Oct. 3,1933
Oct. 8,1931Apr. 22,1931
Feb. 3,1932
Aug.MayJan.Sept.Mar.Nov.Oct.Dec.Jan.
12,193119,193115,193413,193325.19316,193331,193319,193320.1932
Nov. 7,1933
Oct. 2,1933
Jan. 15,1934
Sept.Dec.
1,19315,1933
Oct. 22,1931Oct. 5,1931July 11,1932Feb. 18,1929Oct. 30,1933
Dec. 21,1931
Jan. 6,1931Sept. 8,1931Feb. 13,1934Nov. 1,1933Feb. 3,1932
Dec. 3,1930Apr. 15,1933
Feb. 12,1931Oct. 5,1931Feb. 26,1932Jan. 23,1932
Feb. 13,1931Nov. 26,1928
June 26,1933Nov. 14,1933
< $815, 312. 50174,914. 70309, 250.00* 678,180. 01
2,693,830.09
200,000.001 645, 287. 00
2,418. 29106, 527. 23
145, 256. 96
35, 470. 03
86, 767.194,466. 45
537,860.4473, 515. 011, 737. 54
86.59
40, 659.0214,048. 31
i 700, 644.001 2,036, 737. 00
383. 232 5,155,919. 75
67,304. 65i 1, 578,164.00
140,450.81
i 948,385.00
234,972. 67
1 207,136.00
15,318.292 183,430. 59
32,882.92» 66. 31
334,321.17324. 54
41,197.05
476,993. 63
15,358. 435, 288.25
71, 962. 9783, 733. 5880,962. 71
47.85563, 606. 54
9,231. 2088, 548.1185, 954. 5071,147. 51
58.7122.37
194,808. 61835, 270. 39
1051010
40135
1.086.5
65
10
355
74
262.058
1010
i 65140
2 8115
13535
140
35
170
352 80
20
24
35
57.51010
«507065.575
70
40135
41.0820
65
15
358574
5085.058
6555'65'4025'81153560
40
35
70
57
805561.564
45
73.570507456
35
2629.53290
37.525
4030
Footnotes at end of table.106093—35 31Digitized for FRASER
http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
470 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 49.—Dividends paid to creditors of insolvent national banks under thesupervision of the Comptroller of the Currency, including distributions by con-servators as reported by receivers, during the year ended Oct. 31,1934*—Continued
Trustno. Location Title Date receiver
appointed
Dividends paid duringthe year
Amount Percent
Totalpercentof divi-dends
paid tocreditors
254215552439226320822611265520412013
1601
1604196823421519
22881757
22072506154314952037
244622562814
201824211878
175416221333
111122962650221326472626250913001603
928228721692265
1690
2584
229527722346
22292238
1890
22241559
13701795
Richmond, Mich__.Richwood, OhioRidge Farm, 111Ridgway, 111Riverside, 111Rochester, MichRochester, N . HRock Falls, 111Rockford, 111
First National Bankdo.
.do.,
.do..
.do..
.do..
.do..
. . . . d o .— . d o .Rockland, Maine. .Rockmart, Ga
Rockport, IndRock Rapids, Iowa.
Rocksprings, Tex. _Rock Valley, Iowa.Rockwell, IowaRogers, ArkRolla Rolla, Mo
Romeo, MichRoodhouse, 111Rosalia, Wash
Roscoe, Tex. . .Rosedale, Ind .Roseville, 111...
Public National B a n k . .First National BankForest City National
Bank.Manufacturers National
Bank & Trust Co.Security National Bank.Rockford National Bank.Rockland National Bank.Farmers & Merchants
National Bank.First National BankLyon County National
Bank.First National Bank
do.do...do..
Roxboro, N. CRoyal Oak, Mich.. .Royse City, Tex
Rush City, Minn. . .Rushville, IndRussellton, PaRussiaville, IndSt. Albans, VtSt. Albans,W. V a -s t . Ansgar, IowaSt. Augustine, Fla. .St. Clair Shores,
Mich.St. Cloud, M i n n . . .St. Edward, Nebr . .St. Francis, Kans—St. James, Minn
St. Joseph, M i c h . . .
St. Louis, Mo
The National Bank ofRolla Rolla.
Citizens National Bank.First National BankWhitman County Na-
tional Bank.First National BankRosedale National BankFarmers <fe Merchants
National Bank.First National Bank
doFirst National Bank of
Royse.First National BankAmerican National Bank.First National Bank
do.Weldon National Bank..First National Bank. . . . do— .do. . . . d o
.do..
Nov. 6,1933Apr. 17,1931Oct. 10,1933Feb. 4,1933July 6,1932Dec. 12,1933Jan. 2,1934June 10,1932Apr. 19,1932
June 16,1931
June 18,1931Feb. 12,1932Aug. 18,1933Feb. 13,1931
Mar. 3,1933Oct. 20,1931
Dec. 28,1932Oct. 31,1933Mar. 30,1931Jan. 13,1931June 8,1932
Oct. 12,1933Feb. 1,1933Apr. 25,1934
Apr. 27,1932Oct. 3,1933Dec. 31,1931
Oct. 19,1931July 3,1931Feb. 11,1930
.. . .dododo
do.do
.do-
St. Marys, KansSt. Petersburg, Fla.
St. Thomas, N.Dak.
Smith National Bank...First National BankCitizens & Security Na-
tional Bank.Commercial National
Bank & Trust Co.American-Exchange Na-
tional Bank.Cherokee National Bank.Grand National Bank...South Side National
Bank.St. Louis National BankTwelfth Street National
Bank.Vandeventer National
Bank.First National BankCentral National Bank
& Trust Co.First National Bank
do - . . . -
Feb.Apr.Dec.Dec.Dec.Dec.Oct.JulyJune
JuneMar.Nov.Feb.
Sept.
Dec.
Apr.Mar.Aug.
Jan.Jan.
21,192725,193328,193330,193228.193218.193331,193325,192917,1931
24,19253,19333.1932
6.1933
28,1931
5,1933
22.193319.193419,193313,193319,1933
Jan. 11,1932
Jan.Apr.
JuneNov.
12,193321,1931
9.19306.1931
1 $446,467.0017,124.909, 232. 3814,124. 5027, 238. 70
i 349,840. 00i 900, 548.00
69, 220.46243, 724. 53
133, 793. 51
516. 79296,676. 79
2 3,109,283.909,105.41
81,766. 6798, 224. 76
15,940.0075, 357.089, 602.0825.437.4084, 214.44
163,989. 6498, 423. 35147, 318.12
1, 256. 7961,045.172,970. 00
842. 8129.18
5, 545.00
12,198. 47242,127. 54176,818. 5813, 562. 31
1 830,639.506 127,208.80
62,330.8011,704. 7651,625.16
55.372.4125,863. 6747,210.0668, 465. 30
192,023. 51
1 1,293,077.00
518,256. 36582,944. 30
* 4,341,339.84165,415.91413,085.83
81,185. 71
50, 292.814,263.48
9 164.4155,973.58
1605352020
12514522.515
735
47.510
30485515
324570
12503
3.5
3. 532604520
160M543.5
10
3152525
4537. 5
1555
33. 3333
36
6030.16663555451254537.580
51
42487358
47.561
3048484815
327070
6650
7.52063.5
456060
6 4543.52335
29156035
180
4537.5
76
5037.5
Footnotes at end of table.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
RE POET OF THE COMPTROLLER OF THE CtTRRENCY 471TABLE NO. 49.—Dividends paid to creditors of insolvent national banks under the
supervision of the Comptroller of the Currency, including distributions by con-servators as reported by receivers, during the year ended Oct. 31,1984*—Continued
Trustno. Location Title Date receiver
appointed
Dividends paid duringthe year
Amount Percent
Totalpercentof divi-dends
paid tocreditors
1901
2244
168524632031160813232057
127627842677157521552734180312832264179319711986
14762701
212117881877
23511578247921762043196425211513
1287248724051740
1789
21222303746
144522762220
1673158817141887
222617922450277716261720
1955
2027
1295
2028
Sabetha, Kans
Sacramento, Calif—.
Salem, N. YSalem, OregSalmon, IdahoSaluda, S. CSamson, AlaSan Bernardino ,
Calif.Sandersville, GaSan Gabriel, Calif-Savanna, 111.Savona, N. YScappoose, OregScranton, PaSea Isle City, N. J-.Sebring, FlaSecor, 111.Sedalia, Mo
do.
The National Bank ofSabetha.
California N a t i o n a lBank.
Peoples National Bank.First National Bank in_.Citizens National Bank.Planters National Bank.First National Bank in..San Bernardino Na-
tional Bank.First National Bank
.do...do..
Savona National Bank..First National Bank....Union National Bank...First National Bank
.do._do_.
S e d r o-W o o 11 e y,Wash.
Sesser, 111Seven Valleys, Pa .
Sevierville, Tenn...Seward, PaSeymour, Iowa
Seymour, MqShakopee, Minn..Shawano, WisShawnee, OklaSheffield, IowaShelby ville, Ind—Sheridan, 111Sheridan, Ind
Citizens National Bank.Sedalia National Bank..First National Bank... .
_do_.Seven Valleys National
Bank.First National Bank... .Citizens National Bank.The National Bank of
Seymour.Peoples National Bank.
doFirst National Bank.. . .Shawnee National Bank.First National Bank
do._do_.
Shmnston,W.Va...Shullsburg, WisSidell, 111Sidney, Iowa
Farmers & MerchantsNational Bank.
First National Bankdo.
.do..
Siloam Springs, Ark_
Silverton, OregSilverton, TexSioux Falls, S. Dak..
Sioux City, IowaSioux Rapids, Iowa -Sisseton, S. Dak
Smithfleld, Ohio.. . .Smithfield, PaSmith ville, TexSnow Hill, N.C
Sodus, N . Y . . . : . _ . .Somerfield, PaSomers Point, N. J_.South Bend, Ind_...South Boston, Va_..
do
The National Bank ofSidney.
Hutchings First Na-tional Bank.
First National Bankdo.
Sioux Falls NationalBank.
Sioux National Bank in..First National BankCitizens Security Na-
tional Bank.First National Bank at..First National Bank
do.The National Bank of
Snow Hill.First National Bank
do.-do..
South Gate, Calif _ _.
South Glens Falls,N .Y.
South P a s a d e n a ,Calif.
Sparta, Ga
Citizens National Bank.Boston National Bank..Planters & Merchants
First National Bank.South Gate National
Bank.First National Bank
South Pasadena Nation-al Bank.
Hancock National Bank
Jan. 18,1932
Jan. 21,1933
Sept. 23,1931Oct. 24,1933May 25,1932June 22,1931Jan. 8,1930June 21,1932
Mar.Mar.Jan.MayOct.Feb.Nov.MayFeb.Nov.Feb.Feb.
14,192927,193412,19346,193118,193221,193411.19314,19296,19336,193115.193223,1932
Dec. 26,1930Jan. 23,1934
Aug. 13,1932Nov. 2,1931Dec. 30,1931
Aug.MayOct.Nov.JuneFeb.Nov.Feb.
23,193313.193126,193315.193211,193210,19321,19339,1931
May 22,1929Oct. 27,1933Sept. 27,1933Oct. 15,1931
Nov. 2,1931
Aug. 15,1932June 5,1933Jan. 24,1924
Dec. 8,1930Feb. 13,1933Jan. 5,1933
Sept. 10,1931M a y 27,1931Oct. 7,1931Jan. 11,1932
Jan. 12,1933Nov. 5,1931Oct. 13,1933Mar. 23,1934July 10,1931
Oct. 10,1931
Feb. 6,1932
M a y 24,1932
July 2,1929
M a y 24,1932
$35,900.63
2,238,468.97
44,924.921 893,652.0065,767. 2531,269.82
95.05314,769.48
141.7854,595. 52
i 469,634.005,246.052,849. 58
1, 625,811.0012,895. 22
349.1013, 570.3819,635. 8123,834.6050, 219. 41
22, 283. 90105,161.88
50,681.089,426. 0611,880. 27
11,879. 936,171.67
« 23,479.00291,934.3034,654.16
352. 2975, 616.96
»19.90
46,396.99172,812. 8352,978.8833,376.21
972.06
31,028.5944, 514.983,431.83
1,415.859,212.48
23, 684.04
9 7.9131,602. 52
24.40» 63. 60
76,848. 3427,934.4971,059.61
1,395, 784. 0055,949. 50197,146.39
41,302.98
36,854. 55
37,868. 53
15,988. 50
8. 3333
30
1702510
32.5
40180
1505
820
1052
201510
105
5316.666615
52
5506519
1826.18
18.2410
121450
1605.516
15
10
10
45.3333
50
7917037302057.5
1540
18063.087.5
i 5027.5251537.55853.3333
3552
406050
1060
5 331. 666670455234
75506554
332650.18
3718.2421
43.5455512.5
127250
1601840
60
65
10
Footnotes at end of table.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
472 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 49.—Dividends paid to creditors of insolvent national banks under thesupervision of the Comptroller of the Currency, including distributions by con-servators as reported by receivers, during the year ended Oct. 31,1931^—Continued
Trustno. Location Title Date receiver
appointed
Dividends paid duringthe year
Amount Percent
Totalpercentof divi-dends
paid tocreditors
13202329207614271258
2282
21602135
2539
182524961849
22481811
22542788
251717391531261321512672137213482094
21732639210020402590264414611846178621032697
1945
2428260220242484
131222392179
157220832372
1683
210220711523
1361
181314801525
Spartanburg, S. C_..do —
— .doSpokane, Wash
do
Springfield, Mo
Springfield, OregSpringfield, Pa
Springvale, Maine. _
Stanford, MontStanton, IowaStarkweather, N.
Dak.Statesville, N. C___.Steamboat Springs,
Colo.Steelville, MoSterling, 111
Carolina National Bank.Central National Bank..First National BankCity National BankExchange Nat iona l
Bank.McDaniel Na t iona l
Bank.First National BankSpringfield National
Bank.Springvale National
Bank.First National Bank.—do— d o
_do_..do..
-do-
Steward, 111Stewartville, Minn-Stone, KyStone Lake, Wis . . .Story City, IowaStoughton, WisStrawn, 111Streeter, N.Dak_._Sullivan, Ind_
First Sterling NationalBank.
First National Bankdo.
_do_._do--do_.
Sulphur, OklaSummerfield, Ohio.Sumpter, S. CSuters ville, PaSwan ville, Minn__-Swayzee, IndSweet water, Tenn_Sweet water, Tex._-Sycamore, 111Sylacauga, AlaSyracuse, N. Y
Tacoma, Wash
Citizens National Bank.Farmers National Bank.Citizens National Bank-Peoples National Bank
& Trust Co.Park National BankFirst National BankCity National BankFirst National Bank
do.-do_.-do.._do_-do--do..
Tallulah, LaTamaroa, 111Tampa, FlaTarpon Springs, Fla
Taylorville, 111do
Tecumseh, Okla
Terra Bella, Calif. _.Terrell, TexThief River Falls,
Minn.Three Forks, Mont
Thomasville, Ga_..Thompson, lowa---Thurmond, W. Va.
Tifton, Ga
Tilden, Nebr.. .Titonka, Iowa-Toronto, Ohio-
Salt Springs NationalBank.
Washington NationalBank in the City ofTacoma.
Madison National Bank.First National BankNational City BankFirst National Bank of
Commerce.First National BankFarmers National Bank.Tecumseh N a t i o n a l
Bank.First National BankState National Bank in-First National Bank
Labor National Bank ofMontana at ThreeForks.
First National BankdoThe National Bank of
Thurmond.The National Bank of
Tifton.First National Bank. . . .
Dec. 30,1929Aug. 8,1933June 30,1932Nov. 20,1930Jan. 18,1929
Feb. 17,1933
Oct. 22,1932Sept. 22,1932
Nov. 6,1933
Dec. 2,1931Oct. 30,1933Dec. 17,1931
Jan. 27,1933Nov. 17,1931
Jan. 30,1933Mar. 29,1934
Nov.Oct.Mar.Dec.Oct.Jan.JuneMar.July
Nov.Dec.JulyJuneDec.Dec.Dec.Dec.Oct.JulyJan.
1,193315,193117.193112.193310.193210.193411,193010,193017,1932
14.193221.193321,193210.19327,193326.193317.193014.193131.193127.193222.1934
The National Bank ofToronto.
Feb. 2,1932
Oct. 4,1933Dec. 9,1933May 20,1932Oct. 26,1933
Oct. 18,1929Jan. 19,1933Nov. 18,1932
May 5,1931July 6,1932Sept. 12,1933
Sept. 19,1931
July 27,1932June 28,1932Feb. 18,1931
Apr. 12,1930
Nov. 17,1931Dec. 30,1930Feb. 26,1931
$80. 54471, 890. 26424, 600. 09
5,010. 72< 142.18
49, 200.00
20, 509. 0456.37
1,198,700.00
13,280. 39169,966.72
6, 739.46
43,499. 3025,457. 62
41,351.97i 509, 693.00
29, 855.839 2,463. 00
8,202.439,130. 78
93, 673.36114,026.29
6, 781. 7126.93
170,816. 28
30,802.85i 50, 881. 00
2,915. 7254, 007.01
9, 276.41i 181, 339. 00
10, 618. 2855,162.1489, 292. 6536, 254. 83
1, 312, 712. 58
53, 396. 91
12,186. 74122, 726. 7037, 725. 8019, 575. 64
9 459. 98253, 378. 7155,847. 78
6,882. 5052, 543. 6794,084. 30
29, 650. 60
19, 234. 5517, 902. 0019, 005. 54
36,074. 76
18, 705.199,964. 34
39, 336. 38
25
160
255010
18150
40
252535
6.38
16. 6666
35401.5
159
708.41
12.57.5
12.537
7.530
725
33. 333319
1043.585
32.5
8. 3333107.5
9.5
215
45303057. 26873
10
7012.5
60
56.66665025
1167
50
40706525463586.38
536. 6666
4046.545
97090. 4147.564.519.537
66.33
7.5304225
33. 333343
605685
36. 66662530
54.5
664050
Footnotes at end of table.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 473
TABLE N O . 49.—Dividends paid to creditors of insolvent national banks under thesupervision of the Comptroller of the Currency, including distributions by^ con-servators as reported by receivers, during the year ended Oct. 31,1934*—Continued
Trustno. Location Title Date receiver
appointed
Dividends paid duringthe year
Amount
$6,024. 42i 809, 727.00
3, 833. 3534, 247. 878,474. 21
44,151. 9410, 328.82
132,179. 39i 237,194. 00
i 125, 967. 0083, 277. 25
348.02
34,124. 6026, 947.08
158. 59
11,471.20312,109. 80
33, 799.46
1, 320, 238. 98
7, 343. 57
10.49154, 391.84107, 596. 47
33,829. 44i 666,405. 88
14, 998. 53226, 561. 29
9,800.0021,146. 50
13.4524, 246. 4918, 742. 3319, 355. 53
273.13165, 812. 3267, 733. 97
122,723.17i 800, 694. 00
30,000.006,035.08
69, 908. 74
77, 217.106,851. 244, 209. 67
44, 487. 21
53, 798. 47
198. 5516,196. 38
378. 698, 549. 38
79, 596. 321 462, 957. 00
1, 721,087. 88
116, 916. 61
Percent
3.631 70
5.27
12.5105
51165
14513
7.58
9.354
4
22.5
8
3523
12.5i 66. 66
10207
10
97
11
2812.5
70165
102
18
88. 33331.7225
50
7
3.474
1010
160
30
15
Totalpercentof divi-dends
paid tocreditors
1210
869156516861991134323942689
285118431826
146920781450
14531642
1641
1722
2120
170527641909
27092721
13871735153418641749169519601857166821452080
25232674
20351123
2199
2424124114422759
1885
159494195914043-A8-A
2285
4-A
Toronto, S. Dak.._Tower City, Pa
Townsend, MontTracy, Minn. .Trafalgar, IndTrafford, PaTranquillity, Calif-Trenton, N. YTuckahoe, N. Y—.
Tuscumbia, AlaTwin Falls, Idaho_
do.
Tyler, MinnTyndall, S. Dak_Tyrone, Pa
First National BankTower City National
Bank.First National Bank
.do.Farmers National Bank-First National Bank
.do..do..
Crestwood N a t i o n a lBank.
First National Bank.do.
Twin Falls NationalBank.
First National Bank.do.
Ullin, 111Union City, N. J .
— -do
Uniontown, Pa
Unionville, Mo
Unionville, N. Y—_Urbana, 111Valparaiso, IndVan Buren, Maine. _Vancouver, Wash
Vanderbilt, PaVandergrift, Pa_._Veedersburg, Ind_.Venice, CalifVersailles, MoViborg, S. Dak. . . .Victoria, VaVictorville, Calif. _Vidalia, GaVincennes, IndVinton, Iowa
Viola, 111Wabash, Ind..Waco, Tex
Farmers & MerchantsNational Bank.
First National BankThe National Bank of
North Hudson at Un-ion City.
Union City NationalBank.
The National Bank ofFayette County.
The National Bank ofUnionville.
First National Bank.do -
Valparaiso N a t i o n a lBank.
First National BankUnited States National
Bank.First National BankCitizens National Bank.First National Bank
do.First National Bank in..First National Bank
.do.-do_._do_._do..
Apr. 3,1928Apr. 20,1934
Jan. 8,1925Apr. 29,1931Sept. 23,1931Mar. 2,1932Feb. 27,1930Sept. 20,1933Jan. 15,1934
June 18,1934Dec. 12,1931Dec. 2,1931
Dec. 23,1930July 2,1932Dec. 12,1930
doAug. 6,1931
do
Oct. 12,1931
Aug. 13,1932
Oct. 5,1931Mar. 13,1934Jan. 20,1932
Jan. 31,1934Feb. 5,1934
Aug. 4,1930Oct. 13,1931Mar. 19,1931Dec. 23,1931Oct. 16,1931Oct. 1,1931Feb. 9,1932Dec. 21,1931Sept. 3,1931
Wadena, Minn
Wakarusa, IndWakefleld, Nebr.-._Walhalla, N. Dak...Wallowa, Oreg
Walnut Park, Calif.
Warren, PaWarren, Minn
do.Washburn, N. Dak.Washington, D. C__.
do
do
do
Farmers National Bankin.
Farmers National Bank.Farmers & Wabash Na-
tional Bank.Liberty National Bank..Provident N a t i o n a l
Bank.Merchants N a t i o n a l
Bank.First National BankFarmers National Bank-First National BankStockgrowers & Farmers
National Bank.Walnut Park National
Bank.Citizens National Bank.First National BankWarren National Bank..First National BankBank of BrightwoodChevy Chase Savings
Bank.Commercial National
Bank.The Departmental Bank
of Washington.
Oct.July
3,19322,1932
Nov. 1,1933Jan. 11,1934
June 3,1932Mar. 26,1927
Dec. 16,1932
Oct. 3,1933Nov. 21,1928Dec. 5,1930Mar. 6,1934
Jan. 11,1932
June 4,1931Oct. 10,1925Dec. 5,1925Sept. 29,1930July 16,1932Nov. 15,1933
Feb. 28,1933
July 22,1932
53.6317075.259.587.5308551
165
1454312
61.52362.5
71.016659
70
35
60.5
753570
12.566. 66
1006060. 33333532.53920307
4335.5
70165
5792.8
58
88. 333385. 7225
50
41.5
4013. 474153155
160
50
80
Footnotes at end of table.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
474 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 49.—Dividends paid to creditors of insolvent national banks under thesupervision of the Comptroller of the Currency, including distributions by con-servators as reported by receivers, during the year ended Oct. 31,1934*—Continued
Trustno. Location Title
Date receiverappointed
Dividends paid duringthe year
Amount Percent
Totalpercentof divi-dendspaid tocreditors
25402514
1-A
2-A
7-A11-A
10-A
12-A
9-A
13-A
1493
21802095
19802779
2537
102412691609
2250
977115127821660151224611727
208411572371253325691737
744218827542796
224519562729166918302073
1753
1844
1425272721012236
Washington, D. C__do
-do..
-do..
.do..
.do..
do. .---
—-do
do
.-—do
Washington, Ga
Washington, MoWaterloo, Iowa..._.do
Watertown, Wis. . -
Waterville, Maine..
Waubay, S. DakWauchula, FlaWaukegan, 111—.Waukesha, Wis
Waukon, Iowa....doWaupaca, WisWauseon, OhioWaverly, 111Waverly, N. YWayne, Pa
District National Bank..Federal-American Na-
tional Bank & TrustCo.
International ExchangeBank.
North Capitol SavingsBank.
Northeast Savings Bank.Potomac Savings Bank
of Georgetown.Seventh Street Savings
Bank.United States Savings
Bank.Washington Savings
Bank.Woodridge - Langdon
Savings and Com-merical Bank.
The National Bank ofWilkes.
First National BankCommercial National
Bank.Pioneer National Bank..Wisconsin National
Bank.Peoples-Ticonic Na-
tional Bank.First National BankCarl ton National Bank..Waukegan National
Bank.The National Exchange
Bank.First National BankPeoples National Bank..Old National BankFirst National Bank....do
Waynesboro, Miss.Waynesburg, Pa...Waynoka, Okla....Webster, MassWebster, N. YWebster, S. Dak...
.do..
.—.doMain Line National
Bank.First National BankCitizens National Bank.First National Bank..-.Webster National Bank,
do.
Webster City, Iowa.Webster Groves, Mo.Webster Springs,
W. Va.Wellington, Colo....Wellsvjlle, OhioWest Allis, WisWestbrook, Minn...West Frankfort, Ill-West Hollywood,
Calif.Westmont, N. J
West Paterson, N. J.West Point, Nebr...
West Salem, 111West Seneca, N. Y__Wewoka, OklaWheaton, 111
Farmers & MerchantsNational Bank.
First National Bank— d oFirst National Bank in-First National Bank
.do-Peoples National Bank-First National Bank....
do.-do-
West Hollywood FirstNational Bank.
Westmont NationalBank.
Westside National Bank.West Point National
Bank.First National BankSeneca National Bank..Farmers National Bank.First National Bank
Nov. 6,1933Oct. 31,1933
July 14,1932
doNov. 15,1933Jan. 18,1934
Dec. 21,1933
Feb. 10,1934
Dec. 7,1933
Apr. 9,1934
Jan. 12,1931
Nov. 18,1932July 18,1932
Feb. 18,1932Mar. 26,1934
Nov. 6,1933
Aug. 20,1926Feb. 21,1929June 22,1931
Jan. 27,1933
Jan. 18,1926July 19,1927Mar. 26,1934Aug. 22,1931Feb. 7,1931Oct. 24,1933Oct. 12,1931
July 6,1932Aug. 17,1927Sept. 12,1933Nov. 3,1933Nov. 15,1933Oct. 15,1931
Jan. 2,1924Nov. 30,1932Mar. 1,1934Apr. 9,1934
Jan. 24,1933Feb. 6,1932Feb. 9,1934Sept. 4,1931Dec. 7,1931June 28,1932
Oct. 19,1931
Sept. 22,1933Dec. 14,1931
Nov. 18,1930Feb. 7,1934July 22,1932Jan. 19,1933
$2,344,295.00i 4,152,045. 00
72, 796. 73
117,458. 41
2 264, 990. 421 1, 766. 88
2 315, 379.07
982, 542. 53
69,904.22
1, 975.09
16.81
96,953. 23280,007. 95
370,156.81i 474,986. 00
i 2, 423, 235. 00
18.2917, 770. 94
201.98
42, 736. 76
27, 270. 3711, 712.17
i 250,566.0072,880.2819, 576. 71
i 537,002.002,126. 27
100, 224.093 1,110.00
8,020. 54i 51, 979. 91292, 292. 79
31, 711.46
15,817. 4266, 701.83
107,839. 79U78,762.00
10,256. 6952,070.83
599, 325. 4351,138. 7927, 913. 2030,699. 88
18,826. 89
20, 747. 4963, 453. 28
9, 911. 76
150150
15
12.5
25
30
65
20
158
20160
145
.......
21
2.39i 50
15.57.67
160
25
79,844. 911, 724. 44
25150
857
7.11873
150
211050185
25
1511
56020
150150
31. 6666
25
2 75150
65
3 70
150
27.5
20160
145
174540
53.80964.39
1505485.67
16016.6666
253 100
25150
8535
42.09492873
150
452350685065
47.6666
1526
456042.515
Footnotes at end of table.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
REPORT OF THE COMPTROLLER OF THE CURRENCY 475TABLE NO. 49.—Dividends paid to creditors of insolvent national banks under the
supervision of the Comptroller of the Currency, including distributions by con-servators as reported by receivers, during the year ended Oct. 81,1934*—Continued
Trustno.
1355
1874
26042423
2049251025661774257813801612
20632515
1529256822112786260321961615
223728441823
21921551
2556265419171019154426512152222527612702
1892271521321746
Location TitleDate receiver
appointed
Dividends paid duringthe year
Amount Percent
Totalpercentof divi-dends
paid tocreditors
White Hall, 111
Whitehouse Station,N. J.
White Lake, S. Dak_Whiteland, Ind
Whitesburg, KyWhiting, IowaWichita Falls, Tex..Wilcox, Pa..Wilkinsburg, Pa. . . .Williams, IowaWillow City, N.
Dak.Wilmette, 111Wilmington, 111
Wilmington, Ohio..Wilsonville, 111Winder, GaWindsor, MoWindsor, VtWinnemucca, Nev._Winston-Salem,
N. C.Winterhaven, Fla...Winterset, IowaWoodbridge, N. J - .
Woodlake, CalifWoodlynne, N. J._-Woodruff, S. CWoodsfleld, Ohio...Woodward, Okla....Woonsocket, S. Dak.Worthington, W.Va.Wyandotte, Mich...Wyoming, IowaYale, Mich...Yardley, PaYonkers, N. Y
Yorba Linda, Calif..Youngsville, PaYukon, Pa.. _.Yuma, Colo
Peoples First NationalBank.
First National Bank
.do,.Whiteland National
Bank.First National Bank
.do.Security National Bank.Wilcox National Bank..First National Bank
.do.Merchants National
Bank.First National BankCommercial National
Bank.Citizens National Bank.First National BankWinder National Bank.First National BankState National Bank....First National BankPeoples National Bank
of Winston.Snell National BankCitizens National Bank.First National Bank &
Trust Co.First National BankWoodlynne National
Bank.First National Bank
.do..do..
—.do.do..do...do-.do..
Yardley National Bank.First National Bank &
Trust Co.First National Bank
dododo
Mar. 20,1930
Dec. 30,1931
Dec. 11,1933Oct. 3,1933June 17,1932Oct. 31,1933Nov. 14,1933Oct. 27,1931Dec. 5,1933July 1,1930June 27,1931
June 25,1932Nov. 1,1933
Mar.Nov.Dec.Mar.Dec.Dec.June
9,193115,193330,193228,193411,193310,193229,1931
Jan. 19,1933June 4,1934Dec. 2,1931
Dec. 2,1932Apr. 11,1931
Nov.Jan.Jan.JulyMar.Dec.Oct.Jan.Mar.Jan.
10,19332,1934
21.193223,192631.193128.193311.193212.19337,1934
23.1934
Jan. 12,1933Feb. 1,1934Sept. 20,1932Oct. 16,1931
Total.
$27,134.22
2,779.98
27,156.373 51,900.00
137, 293.6969,329. 47
1,644.47393. 42
12,085,153.936, 764. 59
33.55
119,898.90115,157. 77
3,496.8317,999. 2732,682. 2772, 727.87
2 731, 500.66491,136. 76
» 247.52
13,644.51216,906.00118,543.31
29.437.579.10
38,307. 56i 370,471.00
8,822.809, 425.44
19, 265. 45287, 582.00
3,295.8738, 463. 56
i 331,494.00i 6,442,809.00
10,475.2826, 591.6711.927.589,392.01
16.66663 65
3345
100
1504.55
2065
1358.3333
35
10150
8.5
35.95608
55155
5.58812.5
1306.472
13160140
10502510
67
79.1666
3 65
4510083
15029.5516
3565
62.5303858. 3333
a 783510
60150
53.8
97.95608
55155
655. 58855.5
1 3026. 47238
160140
52502555
319,216, 502. 08
• Including District of Columbia State-chartered banks and banks incorporated under the laws of theDistrict of Columbia.
1 Conservator's distribution through or by purchasing bank.2 Including conservator's distribution through or by purchasing bank.3 ̂ Receiver's dividend paid through or by purchasing bank.* Including receiver's dividend paid through or by purchasing bank.«Distribution by conservator.e Including distribution by conservator.7 Direct distribution by conservator, including conservator's distribution through or by purchasing bank.s Including direct distribution by conservator and including conservator's distribution through or by
purchasing bank.9 Deduction by reason of dividend previously reported as paid but now canceled.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
*TABLE NO. 50.—National banks placed in charge of receivers, the affairs of which have been closed, by years, from Apr. 14, 1865, to Oct.Sit1934, with amounts of total nominal assets, capital stock, circulation outstanding, and total deposits at date of failure, together with variousdata indicating the results of liquidation, for those receiverships closed through liquidation {revised)1
Year ended Oct.31—
1865186618671868186918701871187218731874187518761877187818791880188118821883 . .18841885 . . _.18861887188818891890 . -18911892189318944895
All receivershipsclosed
Num-ber
12732
611359
101483
32
11488829
2517652136
Capital stockat date of
failure
$50,000500,000
1,370,000210, 000300,000
1, 806,1003, 825, 000
250,0001, 000, 000
965,0003, 344,0002,612, 5001, 230, 000
700,000
1,561,300250,000
1, 285,000600,000650,000
1, 550,0001,900,000
250,000750,000
3,622,0002,450,000
10,910,0002,770,0005, 235,020
Receiverships re-stored to sol-vency and eithersold or reopened
Num-ber
1
1
11
1
Capitalstock atdate offailure
$150,000
100,000
1, 725,000
300,000
Receiverships closed through liquidation
Num-ber
\732
611359
101483
32
11478829
2417542135
Capital stockat date of
failure
$50,000500,000
1,370,000210,000300,000
1,806,1003, 825,000
250,0001,000,000
965,0003, 344,0002, 612, 5001, 230,000
700,000
1, 561,300250, 000
1, 285,000600,000500,000
1, 550,0001,900,000
250, 000750,000
3,522,0002,450,0009,185,0002,770,0004,935,020
Total assets,to Oct. 31,
1934
$208,1061,847, 5665, 326,831
550, 824798,843
5, 498,59310,631,368
756,4433,959,5602,425, 6808,002,6188,151,3562,865,0231,147,801
6,810,4201,032, 7439,382,9945,140, 5581,578, 9988,906,3407, 584,951
943, 2312,155, 586
10, 602,18716, 257,48331,135,1738,366,407
14,959,604
Total as-sessments
upon share-holders
$50,000500,000796,000139,300
536,1722, 277,500
195,000700,000669,000
1,169,000744,500521, 750375,000
1, 561,300250,000
1,142, 500600,000170,000
1,179,500700, 000125,000401, 500
2, 562,1501,750,0005, 389,5002,082,2003,147,520
Cash collec-tions from
assets
$75, 209295,259
2,870, 659259,723261,077
2,935, 2965,948,359
239,929781,478
1,023,8094,163,0163,495,0001, 047, 049
541, 719
3, 077,411431, 280
5, 379,9773,064,921
933,0713, 588,2073, 685, 458
606,484926,811
3,147, 2029, 207, 622
12,920,4292,754,7926,050,197
Cash col-lections
from stockassess-ments
$1,16417, 73351,84937, 871
485,133731, 24939,847
160,154239,920570, 594320, 812251, 738331,966
1, 247,651132, 240620, 637379, 007110, 734407,143397,34592,145
166, 676941,996741, 488
2,594, 237765,675
1, 277,956
Receivershipearnings, cash
collectionsfrom interest,premiums,rent, etc.2
Offsets al-lowed and
settled
$18,66169,445
151,47339,632
318,016
745,650922,77939,552
544,74691, 790
417,5521, 890, 342
305,167163,192
452, 25623, 547
1,020, 067223,37085, 784
885,057391, 278
23, 21590, 615
490, 8471, 395,8621,983,162
454,3601, 217,294
Total col-'lectionsfrom allsources,
includingoffsets
allowed 3
$95,034382,437
3,073,981337, 226579,093
4,166,0797,602,387
319,3281,486,3781,355,5195,151,1625,706,1541, 603,9541,036,877
4,777, 318587,067
7,020,6813,667,2981,129,5894,880,4074,474,081
721,8441,184,1024, 580,045
11,344,97217,497,8283,974,8278,545,447
3S
W
19oF
B
3od
so
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis