Reports of Trust Companies with Savings Departments, Savings Banks, Condensed Statement of Assets and Liabilities, 365 361 363-364 11 Savings Banks, Summary from 1869 to 1908, inclusive, . 361 431-432 Trust Companies, Summary of Assets and Liabilities, 431-432 1-51 Index to Laws, 53-60 BANK COMMISSIONERS' REPORT. HARTFORD, December 31, 1908. To His Excellency ROLLIN S. WOODRUFF, Governor: The Bank Commissioners have the honor to submit their Annual Report with the annual statements of the Savings Banks as of October 1, 1908, together with the statements of the State Banks and Trust Companies, showing their condition at the close of business September 23, 1908, and also the statements of Trust Companies having Savings Departments as returned for October 1, 1908. The following statement gives an abstract of assets and liabilities of the Savings Banks as compared with October 1, 1907: The loans on Real Estate have increased $2,356,903.07, but the loans on Collateral Security and Personal Security show a decrease respectively of $1,714,398.38 and $828,440.95. The Municipal Obligations have decreased $1,848,198.35 and the Railroad Bonds have also decreased $835,628.26. The amount invested in United States Bonds has increased $30,000, making the amount now held $50,000. In the amount invested in the stocks of Banks and Trust Companies there is a decrease of $412,502.50. The Real Estate owned, including Banking Houses, shows a decrease of $60,028.16, and miscellaneous assets show a decrease of $388,584.13. The cash on hand and deposited in banks amounts to $6,819,674.02. The number of depositors has decreased 3,704 and the decrease in deposits of $4,273,294.78, compared with the gain reported in 1907 of $10,107,076.92, illustrates to what extent the panic of 1907-8 was felt. The Commissioners take advantage of this opportunity to offer their congratulations to the managers of our banking institutions for the excellent way in which the charge entrusted to them has been administered. |