Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1905-01-02
MAINE BANKS,
48th Annual Report Of
State Examiner,
Large Gains in ASSETS, Deposits
and Deposi!ors.
Hcvicw OF Conditions Of 100 State
Banking institutions.

HlIIk Examiner +. T.. limb, i.l,lkc has
submitted t. the Governor and Ccun-
ell the 4Sth annual report Of the bank
ing Department.. for the fiscal year
ending Dec. I. 1904. The report con-
t;iins Il general review of the condition
Of all banking institutions under the
supervision OF tkis department. to-
gcthcr with such suggestions relative
thereto as are deemed eXpedient, or
the public interests require, detailed
statements Of the returns and examiila-
tons of all state banking inst:tu-
tions. statistical tables compiled from
such returns. as Of October %, 1901. and
statements OF al foreign corporations
having Il license from this department
10 do business il this State during the
year ending December !. 1904.
The number. classics iEd assets Of all
institutions created under the laws OF
this state. ANA under the supervision
"f ii.is department. as compiled from
returns ;ilaf!. as Of October -. 1904
arg az follows:
Savings Parks. I'LL. SSH 1, So; =
-. Trust a,i banking Co.'S. -..,N 49,
.,...Loin am! Hui!,i!IS .tSso... 3,tH',.3l..'
lH............... Total .$io,. -; .Ui. -
The mu:nt,r Of institutions i; the
san.r ~ ;.t th,- close Of the fiscal year
1868. ANA ti.. tOt.u assets are sos. Ti6,-
SGG t., bcu- SIS, t::..',.--1 more than the
amount thrn reported. This increase
is nearly eI,lti Ih:tt of 1903. nntwith-
Stant.ia" 81 ,536. $500 Of the Increase
that year was Oh account If new trust
companies rr:yan.zrd. while none are
included in this report.
TIL, number of '!,'uositors in saving
ra"jis ;.nu trust companies, and share
hni,!, r. III lean AND building ;ssocia-
tiolis i, lloy- - ,:.6'. as against "i9.1'3
llS. :c5ir-u Gain Of S,.si. III" total
assets OF savings banks and loan and
building associations and the deposits
in trust 0T.ipal.ies--tilc funds beionG-
ing - tins above .,s35 rcrsons-are
now $l0. IS, 3i;,.J'. rs AGAINST S9S,246,-
f.-:... ut tia" Of .'et rel'ort. This is
an increase of ..sH!.Gl7.f? in thes"
funds durin: IL" yc,'r. while last year
tn. incr as" WAS $i,53S --33.l1.
The amount + deposits alone. stand
irs 10 the credit of deFosit0rs and
eh ,r,honl,r7 in all these Institutions is
SEQ. SEC IS. "a inc-nas" az $f,p>".-
tiJi. tIl:5 i-l'- 't>t1- 1 -iA'7 :i'S'''
GC!.3J rtl.r>rcnts the increase il de-
roSits III az Glasses Of State banking
Institutions during The present fiscal
yer.
I..yinr til. ,-.4.r ,l.c," ben.<ing inst
tutin1e n;v. i';lid to dti"sit"l'i ami
stnr,lii,,:.t.,l'<: III interest and dividends
S".i2s,.i1 1894. az against g.. 2.2i in
1913. This il; an increase IF Sl,a.'l3."s
Inns ,IlStriD-
,ited among their ratrGns. OF this
total TIE anlotnt paid t" d"pos!tors II
savings banks. shareholders i: loan
ana building associations and dcp1si-
tors II trust companies has been
So a;a. t.7":. This Is an increase of
yil1 ."aS. Is in the income uTon the real
S1,i,.gs funds IL al Stat" banking in
st:l,1t,or1y. The total amount 81 profits
thls distrbut 81 gives an average OF
81. u % each inhabitant Of the State.
Th.. totrl surplus set apart under re-
nuir..,n, hts vi law now amounts to
Si.eGl, S>2a9. being 4 gain of Si2??12.l3
during thn year. This reserve is now
l;,nt. 49,; n"r cent. of the entire
liabilities Of tlosn institutions. The
:,cr.erryat,. IF ti,"ir surplus funds and
!
counts. j.. $3.50. 531. 90. OF about Per
can't of th"ir total liabilities.
The rn;l.hined assets Of all the state
banking Institutions and the national
hanks. in This state are $l6i.3:'H 'Io9
This is an increase Of $..1.G.oh2.lS i'll
,,ankng capital during the year. being
$n12, 81. y more than that for 1908. tn"
per capita of banking capital of the
state is So .. as against G221.l9 i'll 1908.
a gain o: $1l.l3 during the year. The
present per capita Of the entire tax
valuation "c the state is &l2..l6.
TIE total banking capital is now a
ncl. cent. o. n-Hrly or'-half az much as
the entire assessed valuation Of the
state. The increase III this capital dur
ing tn" past two years has been SIT
i>o.2isG. while the assessed valuation