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Show JDAHO BANK LOANS SHOW INCREASE OVER PAST YEAR fifty-two per cent of Hie uanks in Idaho made more llnin uS.Uuu loans totaling $.;7.0(:u,UUU to business busi-ness fit ins ami individuals throughout the siate during the 'seeon.i haif of l40, according to i Ihe semi-annual survey of bank ! leud.ng activity made by the Re-1 Re-1 search Council of the American Bankers' association, j The A.B.A. loan survey was participated par-ticipated in by 2 Idaho banks, or 102, per cent of the 511 banks in the state. These 26 banks reported that they made between July 1 ana oe-cejv.ber oe-cejv.ber 31. 1940; 49 uli2 new loans .totaling ..;...1. ; ' $ 23.219.633 18.8G5 renewals of loans totaling 12,607,566 618 new mortgage loans totaling 1,801,597 68,545 $ 37.628,596 The survey showed that business busi-ness firms in the state used only half of the "confirmed open lines of credit" maintained for their use on the books of banks. A total to-tal of 6 banks in the larger centers cen-ters of the state reported that they carried on their books $5,319,-979 $5,319,-979 in ''open lines oi credit'' of fered to and kept available for regular borrowers for use as need, ed by them. Of this amount $3,-071,111 $3,-071,111 or 57.0 per cent was used. ThJ average number of now loans made per bank during the six months period under review was 1,887 and the average size of loan was $473. The average number of loans renewed per bank was 726 and the average renewal was for $668. The average number of new mortgage loans made por bank was 24 and the average new mortgage mort-gage made was for $2,915. |