Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1916-05-26
Condition of Maine
Savings Institutions

the condition Of the Maine savings
banks, trust and banking companies
and the loan and Building associations
doing business in the State has been
issued by Irving E Vernon, the State
bank commissioner:
SAVINGS BANKS.
The total liabilities of the savings
banks of the State at the present time
are $107 $50, 653.54 as against $685.
754.25 a year ago, an increase Of $780,
S99.29. The liabilities are divided as fol-
lows: Deposits, 1916, 1881; reserve
fund, S5,731 ,979.56; special reserve fund,
$50, 412S3; profits. $2.7so,s27.7s; other Ii
abilities, $4,000.
The resources Of the savings banks
are given as follows: Public funds in
Maine, 074S. 1912; public funds out
Of Maine, $15,131 ,345.5S; railroad bonds
in Maine, sl0,S5s, 80; railroad bonds
out of Maine, $33,026, 515.44; corporation
bonds in Maine, $3.50, 93S.2s; corpora
ton bonds out of Maine, 1915 .S62 81;
railroad stock in Maine, So, 469, 469. q;
railroad stock out Of Maine, $S26.OSs.-
121 so; corporation stock out of Maine,
SAG. 4sO: national bank stocksin Maine
| 81, 294. 1888; national bank stock out OF
Maine. ST. ,0G0: other bank stock In
Maine, S73.015; loans on mortgages OF
real estate, SIS ,40S, 404.17; loans on col
lateral, sl,S9S, 1883; loans to munich
palities, $71.219.5s; loans to corpora
veal eSt9to invest
ment, S1,s49.75S1S: real estate fore
! closure, s267 1864; furniture and fix
lures, s3l ,s30.51; premium account, $751;
| 2s7S1: other resources, S10,701.S5; cash
on deposit. 81 $50, 9S1.39; cash on hand
| s1e2 5O4.s6; total resources, s107 $685.
81.
TRUST AND BANKING COMPA-
| MES
The total liabilities of the trust ano
| banking companies are $'9,4l9,bo4'--
against s66,3l1, 1876 year ago, an IN
! crease of S13 los. 1855.
| These liabilities are divided as FOL
lows: Capital stock, $4,09O,9Oo; surplus
81 SIS ,665. Sc: undivided profits, $500
293. 10; savings deposits, s3s ,269, Az; de-
mand deposits. $40, ,547.50; certlh
Gates of deposit. s1.403, 02145: trust de-
partment, 1928. $3.50; sinking FUND:
for corporations. $3.50, 744.s2; due u
other banks and bankers, $I65, Lilo
bills payable, 81, 22s. s92.37; other liabll
tiles, s3S, 322.5s: total, $79,419.eo4.2z.
The resources of the trust and bank
ing companies are divided as follows
Loans and discounts, $29,61l .o69.so
mortgages of real estate. 1864 .s6O.H4
overdrafts, $34, $685.; stocks and BONDS
s25.55s,s7O19; trust investments, 3d.
256. 1853 60: sinking funds investments
81 .s63.131.43; real estate owned. $1,1Ss,'
547.45: due from other banks and bank
ers, s245, 313.73; furniture and fixtures
1921. oO7. O3: cash on deposit, S., 7,619
OF. cash on hand, S1,45S,S1S.46; othe
resources, $12,l6s.22; total resources
SIS, 419.654.22.
LOAN AND BUILDING ASsOClA
TONS.
The total liabilities of the loan ant
building associations are $6,1oS,oVo.s
against 1928 5000 a year ago, an IN
crease of s434,s75.63. The liabilities ar
divided as follows: Accumulated CAPT
tai. s5,o45, 49o. 80; guaranty fund, s171,
212.57: advances, $254055.o9; forfeited
shares, $3,979.47; due on loans, s47,slo.
Sc; bills payable. s467.s46.52; profits
s162. IS: other liabilities. $5ss.S6.
The resources Of the loan and build
ing associations are divided as FOL
lows: Mortgage loans, $5,670,o4o.6s
loans on shares. $106, 1875; other loans
&. 400; real estate foreclosure, s94.617.66
stocks and bonds, $19,S5O; permanen
expense, $5,662.ss; cash on deposit, $2S1,
49,. Sc; cash on hand, $4,5ss.27; other re
sources, $s62112; total resources, IS,
16s, 505.s2.