The citizen. (Honesdale, Pa.) 1908-1914, 1911-01-27
1,744,140 SAVINGS
ACCOUNTS IN STATE.
Almost 300 Millions On Deposit In
Various Institutions Under Saw
ingS Plan.

ings Plan.
State Banking Commissioner Will
liam II. Smith in his annual report
to the Governor, shows for the first
time in the history of the State Bank
department the returns on savings
deposits. These records, together
with the loans of the financial insti-
tutions of state are used by the ma
tional government in computing the
relative wealth of the people of a
commonwealth but Mr.. Smiths pre-
decessors did not go to the trouble to
gather these necessary facts.
The savings deposits for 1910 to-
tailed $19S, S,006,S19.2 divided as fol-
lows: Savings deposits, $175,133,-
| 779.72; in trust companies, $S3, $685.
532.SS, and in banks, $50, 9,284, ,506.67.
In the year before the total deposits
of this character were 1851, $780,
04, of which the savings banks held
$165, 8,52S.65.
The savings institutions had 469,-
519 savings accounts, the trust COM
! panies S16,721, and the banks 457,-
500, a total of 1,744,149. The total
for the previous year was 1,669,379,
of which the trust companies had
| 1858 and the savings banks 1885,
| $40.
These figures show a gain of 74,-
no persons for savings accounts and
an increase of savings deposits of
$56, ,10S, S,229.23, these deposits being
separate from time deposits.
Fine Gain Shown.
The report covers the operations
| of trust companies, State chartered
banks and savings banks. The 2S9
trust companies show a gain in re-
sources of over 100000, the re-
sources in 1910 being $6S5,149,5S2.-
OIL as compared with $672,933,6 ,65S.-
Sd in 1909. The 139 State chartered
banks show resources of 75,949,-
393.09 in 1909 against $185,911,-
| 702.90 last year, and the eleven saw
ings banks make the gain of SILL
219, 9,024.62, their resources for 1910
being $19S,425,071.44 against $751;
206,046.82 in the year before.
Dauphin county has ten trust COM
panies, being exceeded in number
only by Philadelphia and Allegheny
counties, with Westmoreland county
being the only one of the rest to
/ have the same number, Cumberland
county has two trust companies.
Lebanon three and York three, while
| ANoi liiu lduu Ids lFc. Ill
Der of State chartered banks Dauphin
county stands fourth, having eleven
such institutions. 1t is exceeded only
by Allegheny, Lackawanna and Lu-
zerne counties, in the order named.
Cumberland has one, Northumber-
land one and York seven.
The total assets of the trust COM
panies of Dauphin are $12,9O9,319.-
! the stocks and hnndc ho
ing $2,24S, S,064.70 and the mortgages
$1,022, 2,5S3.11. During the year the
dividends paid aggregated $139,75O.
The loans run between $6,0OO,O0O
and $7,000,000. The number of de-
posit accounts is 1888, the deposits
being as follows Subject to check,
$32S, S,095.33; time certificates of de-
posit, $3,65S, S,962.62; savings fund,
$210, 0,S06.11; Commonwealth, $647,-
500.95. The capital is $2,075, 900;
surplus funds, S1,760,OOO, and undi-
vided profits, $347,SO7.67. Trust
funds are as follows: Permanently in
vested, 5,247,61720; temporary,
$1S3, 3,6S6.5O, making, with overdrafts
and cash, a total of $5,695, ,4O1.SO.
The total amount of corporate trusts
is S3S, 200 in round numbers.
State Bank Showing.
The showing for the state banks of
the county is $3,533, 1924 in assets,
stocks and bonds owned 6,63O.7O,
and mortgages $27,945.31. The
loans run over $2,500,000. Deposit
accounts are 1868, divided as fol-
lows: Subject to check, $1,093,61S.-
O4; demand, $3,64S.50; time certifi-
Gates, 81 42,1S4.73; saving, $8,614.-
26, Commonwealth, $4,000. These
banks have an aggregate capital of
1851, 500; surplus, $363,75O, and un-
divided profits, $114,40S.69.