Monday, Jul. 20, 1925
Bank Prosperity
Publication of the figures resulting in the June 30 "call" on national and other banks by the Comptroller of the Currency made the anticipated showing of prosperous conditions. With the larger Wall Street banks, records fell right and left.
The National City Bank--the country's largest banking institution--showed new high records in both aggregate resources and deposits, the former at $1,154,750,350 and the latter at $910,903,905. These compare with figures for the previous call on April 6, 1925, of $1,103,684,319 and $828,345,990, respectively. Cash assets were $300,236,198.
Other similar figures for other large Wall Street institutions were:
National Bank of Commerce:
Resources $604,431,618
Deposits $504,567,100
Chase National Bank:
Resources $560,974,777
Deposits $490,692,659
Bankers' Trust Company:
Resources $504,957,550
Deposits $400,689,511
Reports of the larger banks in Chicago tell the same story of rising resources and rapidly increasing deposits. Deposits of the larger national banks showed an increase of $67,000,000 on
June 30 over the figures for April 6, while 19 of the large State institutions showed an increase of $59,700,000.