Los Angeles daily herald., 1889-08-31
CALIFORNIA; BANKS.
An Interesting Exhfbit OF the FL
nances OF the state.


nances OF the state.
The semi-annual tabular statement OF
the banks of California has recently been
issued by the Bank Commissioners. 1t
gives in detail the capital, surplus, loans,
cash, deposits, etc., of all the State, pri-
vate, savings and National banks OF this
State. We learn from it that Los Ange-
les county leads all the other counties of
the State in point of number of banks,
not excepting San Francisco county. Los
Angeles county has:
Sixteen State banks, deposits of. $4.950,O2s 96
Three private banks, ,depositsof: 215755 81
Nine National banks, deposits OF 4,949, 22S 81
Twenty eight commercial banks 10,115,013 so
Three savings banks, deposits. 652,463 AZ
In all, thirty-one banks. The average
amount of deposits of the twenty eight
commercial banks is 1851 ,250. AS, but the
funds are so divided that but seven of the
banks of the county hold this amount.
There are four banks with deposits
amounting to $4s4, 1859 in the territory
cut off for Orange county, but the addi-
ings bank in Los Angeles city will leave
the number of banks in Los Angeles
county twenty-nine, as compared to
twenty-eight in San Francisco county,
VIZ:
Fourteen State banks, de-
Three private banks, deposits of 2,7S2,s62 Al
Two National banks, deposits ~ 80
Nineteen commercial banks. de
Eposits of. of........................ 350l9,0O0 81
Nine savings banks, deposits of 73959,123 81
The average amount of deposits of the
nineteen commercial banks is 81 S43,-
052 66, and only seven of the nineteen
reach this amount. Los Angeles county
has nine more commercial banks than
San Francisco county, but when it comes
to dollars and cents Los Angeles county
falls far behind. There is one CONNER
cial bank in San Francisco which only
lacks few hundred thousand dollars of
having as much money on deposit as the
thirty-one banks of Los Angeles county
put together, while there is one saw
ings bank in that city which has deposits
several millions greater than twice the
sum held by all the savings banks of
Los Angeles county. The total number
of banks in the State and the deposits
held by each are as follows:
One hundred and twenty-five
State banks. deposits. ........ $50, ,610 $50 81
Thirty-foar private banks, de-
Thirty-fve National banks. de-
one hundred and ninety-one -'''''' %
commercial banks, deposits. 73,349, sos 80
Twenty eight savings banks, de-
There has been decrease of $S3, 129 so
in the deposits Of the commercial banks
of the State since last years report, al
though there has been in increase of
thirteen in the number of banks. Last
years report was as follows:
One hundred and ten State
banks, deposits ............... $4S 309, ,118 0S
Thirty private banks, deposits. 3, AIT ,33l 7S
Thirty-eight National banks,
deposits ........... .......... 1855, ,543 26
One hundred and seventy eight
Commercial banks, deposits. 73,432, ,993 IL
The savings banks last year were only
twenty three in number in the State, and
held deposits amounting to $77, ,71S S,534 81,
being SO. 303, ,378.77 less than the twenty
eight savings banks have this year. An
other noticeable feature is the compari- |
son between the State and National |
banks and the amount of business done |
by each. The Nationsl banks, which |
are limited in their liability |
as compared to California State |
banks, are most numerous among the /
newer inhabitants of the State. Nine of
the thirty-fve National banks of the |
State are in Los Angeles county and |
nineteen of the thirty-fve in that part of
the State known as Southern California,
while in the county of San Francisco
there are but two. San Francisco, with |
her twentyeight banks, holds sixty-eight |
per cent of the deposits in the State. |
while the other 191 banks must content
themselves with the remainder.
The deposits as given in this article |
do not Include amounts due banks and
bankers.