1941 Annual Report
Advanced Search
Select up to three search categories and corresponding keywords using the fields to the right. Refer to the Help section for more detailed instructions.

Search our Collections & Repository

For very narrow results

When looking for a specific result

Best used for discovery & interchangable words

Recommended to be used in conjunction with other fields

Dates

to

Document Data
Library
People
Clear All
Clear All

For additional assistance using the Custom Query please check out our Help Page

i

1941 Annual Report

Filetype[PDF-5.29 MB]



Details:

  • 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)

  • 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

  • Pages in Document:
    222
  • Format:
  • Release Date:
    12/31/1941
  • Fdic Employee Involved:
    Leo T. Crowley;Phillips Lee Goldsborough;Preston Delano;
  • 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
  • Main Document Checksum:
  • Download URL:
  • File Type:

Supporting Files

  • No Additional Files
More +

You May Also Like

Checkout today's featured content at archive.fdic.gov

Version 3.27.1