The Coolidge examiner., 1936-08-21
BANKING SYSTEM
SHOWS PROGRESS
State Bank Resources Grow
More Than Three Billion
Dollars in a Year
NATIONAL BANKS GAIN
American Bankers Associa-
ton Gives Details of Bank.
ing Institutions - Notes
Stronger Conditions

NEW YORK. - Continued i'm.
provement in the condition OF state
chartered banking institutions. with
an increase OF more than three bill.
lion dollars in year in total re.
sources, is shown in a report Just
issued by the State Bank Division
OF the American Bankers Associa.
ton.
The report was prepared by the
divisions Committee on State Bank
Research from data furnished by
state banking departments and par.
allels data issued ny the Comptrol.
ler of the Currency for national
banks which show similar improve.
ments.
THE combined resources of TO-.
473 state supervised banks were
$35,724,723,000 as Of December 81,
1885," the state bank report says.
Total deposits amounted to $3o,.
526,92O,000. Total loans and dis
counts stood at s12,430, ,404, 900 and
total Investments were $14,170,421,.
000."
A year previous. tables in the re.
port show. there were 1854 state
supervised banks. with combined re.
sources of s32.6SO. .2O3. 900, total de.
posits $27 $50 900. loans and dis.
counts $13.06O. .O33. 900 and invest.
ments s12.5S2,325.000.
Glasses of Institutions
OF the reporting state banking in.
stitutions on December 81, 1895.
1870 were commercial banks, the re.
port states. go trust companies, al.
most go stock and mutual savings
banks and less than 10 were pri.
vate banks. The report adds:
"The parallel upward movements
OF deposits and total invested funds
OF total state supervised banks dur.
Ing the years 1884 and 1885, after
declines in these items In 1892 and
1888. are indications Of definite
steps toward recovery In state bank.
ing.
BASED on figures assembled for
total state supervised banks on re.
sources and liabilities as of Decem.
Der 81. 1881 to 1885 1t Is noted: (D
that deposits in 1885 rose approx.
mately II per cent over the previous
year. as compared with an increase
OF about 9 per cent In 1884 over
the year 1888. and declines of I per
cent and IL per cent in 1888 and
1882. respectively. from the preced-
Ing years of 1882 and 1881; and ~
that total invested funds increased
by approximately per cent in 1885
and also in 1884. while they had de-
creased by 9 per cent in 1888 and
by II per cent in 1892"
Analysis Shows Stronger Position
In a survey and analysis of earn.
ings and expenses OF state hunks
doing commercial business, It is
brought out that in a majority Of
states they have increased their
earning ability during 1885. On the
basis Of data covering 1928 banks
in AZ states. the report says:
"The most significant fact TO be
pointed out is that new profits of
state banks-after educting
charge-offs on loans. investments.
ETC.. and adding recoveries-were
shown in 81 Of the ~ states which
reported In 1885. in comparison with
net profits In only II OF the IS states
reporting in 1884. Measured in terms
OF dollars per each $100 Of invested
funds. net profits in 1885 ranged be.
tween $2.40 and $40 per $10O, with
Is states showing profits Of 81. 90. or
over, per 500; while il. 1884 net
profits did not exceed $1.2o per 800
and only three states showed profits
OF s1.00. or over"