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Show State B.?rk P.srcm-cvs Grew More Than Tliree Ei'ilon Dollars in a Year NATIONAL BANKS GAIN American Bankers Association Associa-tion Gives Details of Banking Bank-ing Institutions Notes Stronger Conc-itions NEW YORK. Continued improvement im-provement in the condition of slate chartered banking institutions, with an increase of more than three billion bil-lion dollars in a year in total resources, re-sources, is shown in a report just issued by the State Rank Division of the American Bankers Association. Associa-tion. . The report was prepared by the division's Committee on State Rank Research from data furnished by state banking departments and parallels par-allels data issued oy the Comptrol-. Comptrol-. ler of the Currency for national banks which show similar improvements. improve-ments. "The combined resources of 10,-473 10,-473 state supervised banks were ?35,724,723,000 as of December 31, 1935," the state bank report says. "Total deposits amounted to $30,-526,920,000. $30,-526,920,000. Total loans and discounts dis-counts stood at ?12, 430. 404, 000 and total investments were $14,170,421,-000." $14,170,421,-000." A year previous, tables in the re- port show, there were 10,644 slate supervised banks, with combined resources re-sources of $32,6S0,20S,000, total deposits de-posits $27,297,959,000, loans and discounts dis-counts $13,060,033,000 and investments invest-ments $12,5S2,325.000. Classes of Institutions Of the reporting state banking institutions in-stitutions on December 31, 1935, S2 were commercial banks, the report re-port states, 9 trust companies, almost al-most 9 stock and mutual savings banks and less than 1 were private pri-vate banks. The report adds: "The parallel upward movements of deposits and total invested funds of total state supervised banks during dur-ing the years 1934 and 1935, after declines in these items in 1932 and 1933, are indications of definite steps toward recovery in state banking. bank-ing. "Based on figures assembled for total state supervised banks on resource? re-source? and liabilities as of December Decem-ber 31, 1931 to 1935. it is noted: (1) that deposits in 1935 rose approximately approxi-mately 12 per cent over the previous year, as compared with an increase of about 9 per cent in 1934 over the year 1933, and declines of 7 per cent and 12 per cent in 1933 and 1932, respectively, from the preceding preced-ing years of 1932 and 1931; and (2) that total invested funds increased by approximately 2 per cent in 1935 and also in 1934, while they had decreased de-creased by 9 per cent in 1933 and by 11 per cent in 1932." Analysis Shows Stronger Position In a survey and analysis of earnings earn-ings and expenses of state banks doing a commercial business, it is brought out that in a majority of states they have increased their earning ability during 1935. On the basis of data covering 7,928 banks in 42 states, the report says: "The most significant fact to be pointed out is that new profits of state banks after deducting charge-offs on loans, investments, etc., and adding recoveries were shown in 37 of the 42 states which reported in 1935, in comparison with net profits in only 11 of the 35 states reporting in 1934. Measured in terms of dollars per each $100 of invented funds, net profits in 1935 ranged between be-tween $2.40 and $.10 per $100, with 19 states showing profits of $1.00, or over, per $100; while in 1934 net profits did not exceed $1.20 per $100 and only three states showed profits of $1.00, or over," , |