The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1915-01-07
IN 6 MONTHS JUMP II MILLION
Immense Gain in Kansas Since
Showing Made in June.
The Total Assets in December
Amounted to $152,737,S42.
Record Wheat Crop Brought
About Tremendous Gain.

half million dollars any former
record of Kansas state banks.
The deposits show an increase of
virtually five and half million
dollars since September IL, and
the legal reserve in three months
was increased from BIG to "a
per cent.
On but one previous occasion
has the deposit account of Kan
sas state banks reached the 118
million mark. That was in Sep
tember 1912, when a record of
$118. 100000 was attained. The
comparative record for Decem-
ber IL, 1914. and December A,
1913. shows an increase in 1914
of $11.458, ,466.73. The Decem-
ber 1913 reserve was 29 per cent.
In a little more than five months.
the deposits in state, banks, jumped
mo. than II million dollars. The re-
.port for June 2e. 1914. shows t.Sposits;
aggregating but $101,255.oOO. as
against the record of $11S.692,455.6
Gain in Assets.
Total assets of state banks reached
52.737, ,S4249 in December, 1914.
Assets in December, 1913, totaled
$140.149,116.OS.
The tremendous gain in bank show
ings in the last few months is due to
the record wheat crop produced in
Kansas in 1914, Bank Commissioner
Benson declares. With the harvesting
of a 181 million bushel wheat crop
and tremendous corn. oat and al
falfa crops, gains in bank deposits in
tn +; state have increased more rapidly
than ever before. In addition to the
growing bank deposits. it has been es-
timated that from 45 to So per cent of
the big wheat crop is still in the bins
OF Kansas farmers. which insures
continuation of record banking con-
ditiOns for at least number of
months.
Comparative Showing Soon.
Not until late this month. perhaps
will comparative showing of state
and national banks be made Twice
last year calls were issued for state
and national bank reports on the same
day. The state call for a December
showing. however, was not followed
by call from the national comptrol-
Ter on the same day. The national
bank call was issued this week and
Will gather report of condition of
national banks December 30 1t is
believed that national banks will show
about the corresponding gain record
ed by state banks and that Decem-
ber's reports will far exceed any pre-
vious record in Kansas banking con-
ditions.
Report in Detail
The report covering conditions of
939 state banks as re. rted to the
Off1ce of w. F. Benson state bapk
commissioner. shows:
Resources
Loans and discounts .s1Op 43s 17o "a
ONeroraIts --......... $40 SSS. IS
Other real estate owned ...... 1,0l4 79S. 50
Bank building and furniture
and fixtures :............... s.HO3f 81
Guaranty fund with state
treasurer ................... ~. $50 50
Honds and warrants :....:..-.... 3,795, ,0S7. 50
Cash items and clearing house
items .....:......-........... 742e54 50
cash and sight exchange 1854 224. 10
Other resources .--............. 703.53S Is
Total resources .............. .s152. .7S7 $40. fs
Liabilities.
Capital stock ...................$ 10. .425 300 90
surplus ......::................. $3.50. .S24. 2S
Indivlded profits tneO......... S,565. .093. II
Dividend declared but not
paid .....:...................... s.ss1. 81
Total deposits .-......-.-...... lis, ,692 455 IS
Bills discounted and bills pay
able .:.......... ................. zoos, ,s75. 81
StockhOlders' reserve 673. So. IS
other haoiiities .-...-...... 129. 9.07
Total Liabilities ......... sl5a 737. $40 4s