Omaha daily bee., 1909-04-25
SHOWING BY VARIOUS COUNTIES
Banks Affected by New Guaranty Law
Number 647.
REQUIREMENTS OF NEW STATUTE
Analysis of the Procedure Provided
for Coming Under Guaranty Law
and of Method of Pay
ing DepOEitOrs.

banks in Nebraska at this date sSti-
mated, $50, y.
state banks, affected by guaranty law,
SAT. -,.t m
Capital stock paid in by state banks,
$40, s4s, o3o. Deposits, See,l1l,693.
National banks, last report, 2os.
Capital stock paid in by national banks,
So so, 900. Deposits, S~52,354,352. - is3.
Amount of assessment on daily average
deposits provided for by new law, up to
levy Of January /, 1919, IL per cent.
possible emergency assessment in any
one year for immediate payment Of depos-
itors, 1 per cent.
At the present time the number OF
banks doing business in Nebraska, national
and state, is about $50. Not all of the
banks included in this number appear in
the bankers blue book, the last number
Of which is dated May, 1908, and the data
for which was collected some months pre-
yiously. The state banks number SAT. ac-
cording to the last tabulation of the sec
rotary of the state banking board, and the
rest are national banks.
on July 1 all of the state banks will
come under the requirements of the new
so-cailed guaranty of deposits law, passed
by the Legislature, which has just quit
business. whether any of the national
banks will resign their charters in order
TO take advantage of the law, or to ward
off it's inimical influence. is problematical.
Some few have done so in other states,
where similar laws have been passed, and
the like result may he noted here. In
the light Of this possibility, some statis-
tics touching the banking business of
Nebraska will be timely.
February S, 1909, when the last report
of the comptroller of the currency was
made, the paid up capital of the national
banks in Nebraska amounted to $9,7sO,e0;
undivided profits totaled 1,82S, us, and the
DEPOSITS amounted to $50, $50
Reserve Exceeds Requirement.
Reserve required by law was 1885 ,152;
amount actually held in reserves was
ss.cj7 1876, or 1859 per cent. Cash on hand,
due from reserve agents, and in the re-
demption fund. totaled s14,54S,72, or %IS4
rer cent.
OF the national banks, lightweight have
a capital of $25, 900; seventy-one have $780,
600: fifteen, 100000; eight. $4,000 to $4,000
SIX, $4,000; five, $4,000; six, sl5O,WO; two
$500. 900: two, $3.50. 900; one, $4,000 one
s4oO, OOO; two, $500, coo; one, 100000, and one
$1,000 900.
Douglas county, with nine banks, showed
a paid up capital of $1,000, CO.; undivided
profits, 81, Ill., 600; deposits, $49, S64,O 900. Ian
caster and Dodge are second and third
with 5000, 900 and $3.50. 900 capital and $685.
900 and 50, 600 of capital and deposits, re
spectively. Madison county, with six banks
showed deposits of 81, 943, 900. Cunning county
also had six national banks, but 1t was
exceeded In total deposits by Adams, witt
three banks; by Gage, with five; by Buff
falo, with three; by Dawson, with five
by Otoe, with four; by Saline, with four
York had. at the time the blue book wa!
issued, an even 100000 of deposits il
seven national banks. The counties named
following Douglas and Lancaster, all topped
the million mark in deposits, as do als'
Hall, Hamilton and Platte. There wer,
five counties, Burt, Cass, Nemaha, Phelp
and Seward, with over 100000 in deposits
Butler and Washington had better thai
$500, 900 on deposit; Holt and Nuckolls ha'
over $780, coo deposits; Box Butte, Nance
Polk. Saunders, Stanton, all had over $500,
900 deposits. Lincoln, Pawnee and Thur
ston were each we'll over the half million
mark, while the counties showing up witt
over 100000 on deposit were: Custer
Dawes, Furnas, jefferson, Knox, Red VIII
low, Richardson. Scott's Bluff, Sheridai
and Wayne. Frontier, with one small ma
tional bank, shows the smallest amount o
deposits, $35, 1000. Twenty-one counties wer
worrying along without national banks
but these same counties had s~eventy-nin
state banks. Mcpherson county had n
bank of any kind.
National Banks by Counties.
Following is a tabulation, probably tn
first ever published In this form, of tn
number of national banks in the variou
counties OF the state, with the total capita
~ization. surplus and undivided profits. an
deposits, as Of date, approximately, Janu
airy 1, 1905:
5NlDias and