1941 Annual Report

Details

• Publisher's site:
  https://www.fdic.gov/
• Description:
  CHARTS AND MAP ; Organization chart of the Federal Deposit Insurance Corporation (Pg. 5) ; A. Principal assets of insured commercial banks, call dates, 1934 -1941 (Pg. 42) ; B. Assets, deposits, and total capital accounts of insured commercial banks, call dates, 1934-1947 (Pg. 47) ; C. Number of insured commercial banks, special call dates, 1934 and 1941, grouped by amount of deposits (Pg. 67) ; Map. Percentage increase in deposits of insured commercial banks, October 1, 1934, to September 24, 1941 (Pg. 68) ; LIST OF TABLES ; PART ONE: OPERATIONS AND POLICIES OF THE CORPORATION ; 1. Losses and disbursements in connection with insured banks in financial difficulties, 1934-1941 (Pg. 15) ; 2. Depositors’ recoveries and losses in insured banks in financial difficulties, 1934-1941 (Pg. 15) ; 3. Disbursements of the Corporation in connection with banks in financial difficulties, 1934-1941 (Pg. 16) ; 4. Percent of deposits insured in operating insured banks and protected in insured banks in financial difficulties Banks grouped by amount of deposits (Pg. 17) ; 5. Payment of deposits of insured banks placed in receivership, 1934-1941 (Pg. 18) ; 6. Repayments to the Corporation as of December 31, 1941, of disbursements in connection with insured banks in financial difficulties (Pg. 19) ; 7. Action to terminate insured status of banks charged with engaging in unsafe or unsound practices or violations of law or regulations, 1936-1941 (Pg. 23) ; 8. Unsafe or unsound banking practices and violations of law or regulations charged against 14 banks by the Corporation during 1941 (Pg. 24) ; 9. Officers and employees of the Corporation, December 31, 1941 (Pg. 31) ; 10. Income and expenses of the Corporation since beginning operations (Pg. 33) ; 11. Income and expenses of the Federal Deposit Insurance Corporation, calendar year 1941 (Pg. 34) ; 12. Federal Deposit Insurance Corporation Balance Sheet, June 30, 1941— From Auditors’ Report (Pg. 36-37) ; 13. Assets and liabilities of the Federal Deposit Insurance Corporation, December 31, 1941, and December 31, 1940 (Pg. 38) ; PART TWO: DEPOSIT INSURANCE AND BANKING DEVELOPMENTS ; 14. Distribution of assets of insured commercial banks, 1934-1941 (Pg. 43) ; 15. Appraisal of total assets of insured commercial banks examined in 1941, 1940, and 1939 (Pg. 44) ; 16. Appraised value of assets and substandard assets of insured commercial banks examined in 1941, 1940, and 1939 (Pg. 45) ; 17. Distribution of insured commercial banks examined in 1941 according to substandard assets ratio, examinations in 1940 and 1941 (Pg. 45) ; 18. Capital ratios of insured commercial banks, 1934-1941 (Pg. 48) ; 19. Capital ratios of national banks at 5-year intervals, 1865-1940 (Pg. 49) ; 20. Percentage distribution of number and deposits of insured commercial banks according to net sound capital ratio, examinations in 1938-1941 (Pg. 50) ; 21. Earnings, expenses, and profits of insured commercial banks, 1934-1941 (Pg. 52) ; 22. Rates of income received and interest paid by insured commercial banks, 1934-1941 (Pg. 54) ; 23. Percentage distribution of insured commercial banks according to rates of income on loans, 1939-1941 (Pg. 54) ; 24. Percentage distribution of insured commercial banks according to rates of interest paid on time and savings deposits, 1939-1941 (Pg. 55) ; 25. Percentage distribution of insured commercial banks according to rates of net profits on total capital accounts, 1938-1941 (Pg. 57) ; 26. Net profits available for stockholders, and dividends paid by insured commercial banks, 1934-1941 (Pg. 57) ; 27. Percentage distribution of insured commercial banks according to rates of dividends on total capital accounts, 1939-1941 (Pg. 58) ; PART THREE: INSURANCE OF BANK DEPOSITS, 1941 ; 28. Insurance protection with a maximum coverage of $5,000 in all insured banks, special call dates, 1934-1941 (Pg. 63) ; 29. Percent of total number of accounts with balances of $5,000 or less, special call dates, 1934-1941 Insured commercial banks grouped by amount of deposits (Pg. 64) ; 30. Percent of deposits insured with a maximum coverage of $5,000, special call dates, 1934-1941 Insured commercial banks grouped by amount of deposits (Pg. 65) ; 31. Number and percentage distribution of insured commercial banks, special call dates, 1936-1941 Grouped by percent of deposits insured (Pg. 65) ; 32. Insurance protection with a maximum coverage of $5,000, September 24,1941 Insured commercial banks grouped by percent of deposits insured (Pg. 66) ; 33. Number of insured commercial banks, special call dates, 1934-1941 Grouped by amount of deposits (Pg. 66) ; 34. Number and average size of accounts in insured commercial, banks, special call dates, 1936-1941 Grouped by type of deposit (Pg. 70) ; 35. Deposits in insured commercial banks insured with a maximum coverage of $5,000, special call dates, 1936-1941 Grouped by type of deposit (Pg. 70) ; 36. Percentage distribution of accounts and deposits in insured commercial banks, September 24, 1941, and September 21, 1938 Grouped by size of account (Pg. 71) ; 37. Distribution of accounts according to size, September 24, 1941 Grouped by type of deposit and in banks grouped by amount of deposits, insured commercial banks (Pg. 72) ; 38. Distribution of deposits according to size of account, September 24, 1941 Grouped by type of deposit and in banks grouped by amount of deposits, insured commercial banks (Pg. 73) ; 39. Distribution of accounts according to size, September 24, 1941 Insured commercial banks grouped by class and by State (Pg. 74) ; 40. Distribution of deposits according to size of account, September 24, 1941 Insured commercial banks grouped by class and by State (Pg. 75) ; 41. Distribution of accounts according to size, September 24, 1941 Insured mutual savings banks grouped by amount of deposits and by State (Pg. 76) ; 42. Distribution of deposits according to size of account, September 24, 1941 Insured mutual savings banks grouped by amount of deposits and by State (Pg. 77) ; PART FIVE: STATISTICS OF BANKS AND DEPOSIT INSURANCE ; 101. Analysis of changes in number and classification of operating banking offices in the United States and possessions during 1941 (Pg. 100-101) ; 102. Number of operating banking offices, December 31, 1941 Grouped according to insurance status and class of bank and by type of office in each State and possession (Pg. 102-107) ; 103. Number and deposits of operating commercial and mutual savings banks, December 31, 1941 Banks grouped according to insurance status in each State and possession (Pg. 108-109) ; 104. Analysis of admissions to and terminations of insurance in each class of bank, 1934-1941 (Pg. 110-111) ; 105. Number of operating banks, June 30, 1941 Grouped according to insurance status and class of bank and by type of bank and amount of deposits (Pg. 112) ; 106. Number of operating banking offices, June 30, 1941 Grouped according to insurance status and class of bank and by type of office and amount of deposits (Pg. 113) ; 107. Number of operating banking offices of commercial banks, June 30, 1941 Grouped according to amount of deposits and by type of office and population of center in which located (Pg. 114-115) ; 108. Number of operating banking offices of commercial banks, June 30, 1941 Grouped according to number of commercial banking offices in center in which located and by type of office and population of center in which located (Pg. 116-117) ; 109. Number of commercial banks operating branches and number of branches, June 30, 1941 Banks operating branches grouped according to character of branch system and branches grouped according to location of branch and by population of center in which located and State (Pg. 118-119) ; 110. Deposits of operating banks, June 30, 1941 Banks grouped according to insurance status and class of bank and by type of bank and amount of deposits (Pg. 120) ; 111. Deposits of operating banking offices, June 30, 1941 Offices grouped according to insurance status and class of bank and by type of office and amount of deposits (Pg. 121) ; 112. Summary of assets and liabilities of operating banks in the United States and possessions, 1935-1941 Banks grouped by insurance status and type of bank (Pg. 122-125) ; 113. Assets and liabilities of operating insured commercial banks, call dates 1934-1941 (Pg. 126-129) ; 114. Classes of securities held by operating insured commercial banks, call dates 1934-1941 (Pg. 130-131) ; 115. Analysis of capital and liabilities of insured commercial banks examined in 1941 Banks grouped by net sound capital ratio, fixed and substandard assets ratio, rate of net earnings, and amount of deposits (Pg. 132-133) ; 116. Net sound capital ratios of insured commercial banks examined in 1941 Banks grouped by net sound capital ratio, fixed and substandard assets ratio, rate of net earnings, and amount of deposits (Pg. 134-135) ; 117. Analysis of capital and liabilities of insured commercial banks examined in 1941 Banks grouped by Federal Deposit Insurance Corporation District and State (Pg. 136-137) ; 118. Net sound capital ratios of insured commercial banks examined in 1941 Banks grouped by Federal Deposit Insurance Corporation District and State (Pg. 138-139) ; 119. Appraisal of assets of insured commercial banks examined in 1941 Banks grouped by net sound capital ratio, fixed and substandard assets ratio, rate of net earnings, and amount of deposits (Pg. 140-143) ; 120. Asset ratios of insured commercial banks examined in 1941 Banks grouped by net sound capital ratio fixed and substandard assets ratio, rate of net earnings, and amount of deposits (Pg. 144-147) ; 121. Appraisal of assets of insured commercial banks examined in 1941 Banks grouped by Federal Deposit Insurance Corporation District and State (Pg. 148-151) ; 122. Asset ratios of insured commercial banks examined in 1941 Banks grouped by Federal Deposit Insurance Corporation District and State (Pg. 152-155) ; 123. Distribution of insured commercial banks examined in 1941 according to net sound capital ratio Banks grouped by fixed and substandard assets ratio, rate of net earnings, and amount of deposits (Pg. 156) ; 124. Distribution of deposits of insured commercial banks examined in 1941 Banks grouped according to net sound capital ratio and by fixed and substandard assets ratio, rate of net earnings, and amount of deposits (Pg. 157) ; 125. Earnings, expenses, and dividends of insured commercial banks, 1934-1941 (Pg. 158-159) ; 126. Ratios of earnings, expenses, and dividends of insured commercial banks, 1934-1941 (Pg. 160-161) ; 127. Earnings, expenses, and dividends of insured commercial banks, 1941 By class of bank (Pg. 162-163) ; 128. Earnings, expenses, and dividends of insured commercial banks, 1941 Banks grouped according to amount of deposits (Pg. 164-165) ; 129. Ratios of earnings, expenses, and dividends of insured commercial banks, 1941 Banks grouped according to amount of deposits (Pg. 166-167) ; 130. Distribution of insured commercial banks according to rate of net earnings, 1941 Banks grouped by amount of deposits, population of center in which located, ratio of loans to total assets rate of income on loans, ratio of time and savings deposits to total deposits, and rate of interest paid on time and savings deposits (Pg. 168-169) ; 131. Distribution of insured commercial banks according to rate of net profits, 1941 Banks grouped by amount of deposits, population of center in which located, and rate of net earnings (Pg. 170) ; 132. Distribution of insured commercial banks according to rate of income on loans, 1941 Banks grouped by amount of deposits, population of center in which located, and ratio of loans to total assets (Pg. 171) ; 133. Distribution of insured commercial banks according to rate of interest paid on time and savings deposits, 1941 Banks grouped by amount of deposits, population of center in which located, and ratio of time and savings deposits to total deposits (Pg. 172) ; 134. Earnings, expenses, and dividends of insured mutual savings banks, 1934-1941 (Pg. 173) ; 135. Number and deposits of banks which suspended operations, 1934-1941 Grouped according to class of bank and by year, amount of deposits, and State (Pg. 174-175) ; 136. Number and deposits of and disbursements to insured banks merged with the financial aid of the Federal Deposit Insurance Corporation, 1935-1941 Grouped according to class of bank and by year amount of deposits, and State (Pg. 176-177) ; 137. Number and deposits of insured banks placed in receivership or merged with the financial aid of the Federal Deposit Insurance Corporation, 1934-1941 Grouped according to class of bank and by year, amount of deposits, and State (Pg. 178-179) ; 138. Accounts and deposits of and disbursements to insured banks merged with the financial aid of the Federal Deposit Insurance Corporation, 1935-1941 (Pg. 180) ; 139. List of insured banks placed in receivership, 1941 (Pg. 181) ; 140. Assets and liabilities of insured banks placed in receivership, 1934-1941 As shown by books of bank at date of suspension (Pg. 182) ; 141. Depositors and deposits of insured banks placed in receivership, 1934-1941 A s shown by books of FDIC , December 31 ,1941 (Pg. 183) ; 142. Actions by the Federal Deposit Insurance Corporation upon applications from banks not members of the Federal Reserve System for admission to insurance, approval of establishment of branches, and approval of change of location of banking offices, August 23, 1935, to December 31, 1941 (Pg. 184-185) ; 143. Actions by the Federal Deposit Insurance Corporation upon applications regarding capital and other financial adjustments, August 23, 1935, to December 31, 1941 (Pg. 186-187) ; 144. Action to terminate insured status of banks for engaging in unsafe or unsound banking practices or violations of law or regulations, August 23, 1935, to December 31, 1941 (Pg. 188)
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• Content Notes:
  Introduction ; PART ONE: OPERATIONS AND POLICIES OF THE CORPORATION ; Deposit insurance, banking, and the war ; The banking situation and deposit insurance ; The quality of bank assets ; Capital position of banks ; Effects of war time changes on the banks ; Bank income and losses ; Loan and investment policy ; Bank supervision and the war ; Protection of depositors ; Protection of depositors in insured banks ; Method of providing insurance protection ; Procedure for providing insurance protection ; Losses and recoveries of the Corporation ; Receivership activities of the Corporation ; Supervisory activities of the corporation ; Supervisory authority and policy ; Bank examinations ; Unsafe and unsound banking practices and violations of law or regulations ; Other actions regarding banks in an unsound condition ; Admissions to and terminations of insurance ; Establishment of branches ; Capital adjustments of banks ; Approval of assumption or release of deposits ; Reports from banks ; Legislation and executive orders ; Federal legislation ; Executive Order regarding civil service status of Corporation employees ; State legislation directly affecting the operations of the Corporation ; State legislation relating to bank supervision and bank operations ; Operating statement of the Corporation ; Organization and staff ; Income and expenses ; Claims held by Corporation against suspended and merged banks ; Assets and liabilities ; Audit ; PART TWO: DEPOSIT INSURANCE AND BANKING DEVELOPMENTS ; Assets and liabilities of insured commercial banks ; Changes during 1941 ; Changes during 1934-1941 ; Types and quality of bank assets ; Types of assets ; Quality of assets ; Capital of insured commercial banks ; Total capital accounts ; Capital stock and other capital accounts ; Capital ratios ; Analysis of capital accounts ; Earnings of insured commercial banks ; Earnings and expenses of current operations ; Rates of income on loans and securities and of interest paid on deposits ; Taxes, charge-offs, recoveries, and profits on assets sold ; Net profits available for stockholders ; Dividends and additions to capital accounts ; Insured mutual savings banks ; Insurance of bank deposits, 1941 ; Operating insured commercial banks ; Changes in insurance coverage, 1934-1941 ; Changes in size distribution of banks ; Changes in deposits in banks grouped by State ; Insurance coverage by type of deposit ; Accounts and deposits by size of account ; Operating insured mutual savings banks ; Changes in insurance coverage, 1936-1941 ; Appendix A ; PART FOUR: LEGISLATION AND EXECUTIVE ORDERS ; Legislation relating to insured banks ; Foreign accounts in insured banks ; Taxation of bank profits ; Executive Orders ; Covering certain positions in the Federal Deposit Insurance Corporation into the competitive classified civil service, and authorizing certain employees of that Corporation to acquire a classified civil service status ; Amending schedules A and B of the Civil Service Rules ; PART FIVE: STATISTICS OF BANKS AND DEPOSIT INSURANCE ; Explanatory Notes ; Sources of data ; Classification of banks and banking offices ; Bank and branch changes ; Population of center and number of offices ; Deposits of banks and banking offices ; Banks examined by, and submitting reports to, the Federal Deposit Insurance Corporation ; Assets and liabilities of operating banks ; Analysis of examinations of insured commercial banks ; Earnings, expenses, and dividends of insured commercial banks ; Suspensions, receiverships, and mergers ; Number and deposits of banks and banking offices-end-of-year ; Number and deposits of banks and banking offices-midyear ; Analysis of examinations of Insured Commercial banks ; Supervisory actions by the Corporation
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• Pages in Document:
  222
• Format:
  PDF
• Release Date:
  12/31/1941
• Fdic Employee Involved:
  H.E. Cook
• Related Legal Case:
  In the Matter of Wex Bank ; Midvale, Utah ; In the Matter of Higher One, Inc., as an institution-affiliated party of Wex Bank
• Source:
  FDIC Website/Fraser
• Language:
  English
• Download URL:
  https://archive.fdic.gov/view/fdic/234/fdic_234_DS1.pdf
• File Type:
  [PDF - 5.29 MB]
• Collection(s):
  Annual Reports
• Main Document Checksum:
  urn:sha-512:c63fd6ef808f16702940f43f9c1cc60eb2f29806ce7aa8e97c0879a447331c6209dd5058bf8a8d9e1a62a5b001a773556c00e5fabaef4d75d41a2e0a83f4ff5f