Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1906-01-06
NAMES BANKS.
49th Annual Report Of
the State Examiner.
The Past Year Has Been Pros
porous for All Of Them.
The II2 Institutions Shcw Assets
Of sI26,767,437.

| Inc fSlH l'Ioi VI TIE
| examiner showing the condition of
! the. savings banks, trust and banking
companies and loan and building as
| eocjations of the State of Maine, for
TN, year 1895, has been submitted to
| the Governor and Council by Hon
Fremont Il. Tinberlake, bank exam
| iner.
| Ihe number, classes ana assets of
all institutions under the supervision:
| Of this department, as complied from
returns made as Of oct. IS, 1905, are
as follows: Number of savings banks,
81; assets, $S5.53O. 104.G3. Number OF
trust and banking companies, %; as
sets $27.93i .S5S,5S. Number of loan
and building associations, 80; assets,
So, 192,413.92. Total number of inSti-
tutions, H.; total assets. SIG, 167 ,43I.l3.
This is Il gain of three in the number
of institutions three trust companies"
having been added to the list during
creased $S.00U,G30.71, as against $5,3S2,
42U21 last year. This is an increase
of a little more. than seven per cent
over the assets reported in 1894, and
is largely in excess of that for any
former year in the history Of the bank
ing institutions IF this State.
The number Of depoSitorS in savings
banks and trust companies and share
holders in loan and building aSsuci-
ations. is now 261,0aS.-a gain of $3.50
since last year. The amount Of the
accommodations standing to the cred
it of these dcpositors and shareholders
is $103, S.301.19, as against $36.60o,-
033.71 in 190i,-an increase of $685.
2674S This latter sum represents
the increase in deposits in all classes
Of state banking institutions during the
past fiscal year.
The state banking institutions have
paid to dcpoSitors and stockholders i'll
interest and dividends, $5,345 621.1 10 dur
ing the year. being an increase of S2l5,-
9ll % in the annual income distributed
OF this total, 50. 15S i06.3l has been paid
% depoSitorS in savings banks and trust
companieS and to the shareholders i'll
loan and building associations. this be
ing the total net income paid upon the
savings acc;mulations in the state
banking institutions. The total profits
distributed average $4.S2 to each inhab-
| liant Of the State.
| Inp lOlIl reserve vi tll'
state banking institutions now amount
to $5.5SO. GO3.03, being an increase OF
$6IS, 124.0i during the year. This re-
serve is now As per cent of the entire
liabilities of these institutions. The
undivided profits now amount to 81
Oao, $685. If from this * deducted
| the total of the expense accounts,
amounting to 9i110.3i it leaves $685.
I40.5t as the net profits undiStributcd
on the date Of this report.
The number of national banks doing
| business in the State is the same aS NJ
| the time of the last report. There mas
been during the year a decrease of So
g1S % in their total assets. This IS IN"
result eff liquidation. or reduction, III
| tn, capital stock Of these institutions.
|amornting ia Silj 10000 Such liuuida-
| tjon necessarily leads also to Il rrduct-
| ion in their surplus funds and umdiVi-
,led ;.roits. Their Individual deposits
have Increased $l057, 1873 during this
| time.
The combined assets of all banking
institutions in the State are now $l6?,-
| - ASST This is an Increase oil -
9H1. Ill - for the year. as against an III
| ease Of sri 26 COZ. IS III 1901. The pres
ent Der capita of banking capital III the
| Stat. is $2i3.13, a. against 500 last
year an increase Of $ll.i3 The total
! assessed valuation of the state ut tn"
pres..l.t time is 6G.jli,0li.0o. being q
rrr capita Of $52l.1c. Thus it appears
that the per capita of banking capital
is 4. rcr cent. or nearly on"-half that
Of the entire assessed valuation Of The:
State.