Massachusetts Commissioner of Banks
Published: 2018-10-06
Total Pages: 104
Get eBook
Excerpt from Annual Report of the Commissioner of Banks for the Year 1942, Vol. 2: Relating to Trust Companies and Others Than Banks There have been encouraging increases in the dollar volume of capital reserves and improvement in the quality of assets in all types Of our banks. The volume of foreclosed real estate has declined both absolutely and proportionately and substantial progress has been made in eliminating substandard securities and In the analysis of outstanding mortgages. In many cases, deposits have Increased more rapidly than capital reserves so the ratio of capital and reserves to deposit liabilities has dropped, but in other cases the ratio has been increased In spite of enlarged deposits. The matter of capital ratios for commercial banks is further discussed under the heading Capital Ratios in the ninth recommendation for legislation. The banks are continuing their trend toward liquidity, particularly in the direction of large volumes of cash, bank accounts, and government bills, notes, certificates of indebtedness and Short term bonds. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.