Address by ... report on operations for the year ended ... at annual meeting of the shareholders

([New York :  National Bank of Commerce in New York]  )

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  1928: Page [No Page Number]  



National Bank of Commerce

in NewYork

Statement of Condition
December 31, 1928
 

RESOURCES

Loans and Discounts.......  $439,261,388.79

United  States Securities   including those  Sold under

Repurchase   Agreement......     74,104,396.68

Other   Bonds and   Securities......      16,249,813.20

Stock of Federal Reserve Bank.....        1,950,000.09

Stock of French American Banking Corporation                 625,000.00

Banking   House........       4,000,000.00

Cash in Vault and in Federal Reserve Bank                     44,381,494.11

Due from  Banks and  Bankers.....    286,378,969.23

Interest Accrued........       2,476,625.77

Customers'   Liability   under   Acceptances              .             64,874,911.61
 

$934,302,599.39

LIABILITIES

Capital.........$25,000,000.00

Surplus.........40,000,000.00

Undivided Profits.......        8,295,321.07

Regular Dividend Payable

Jan. 2, 1929  .            .$1,125,000.00

Extra Dividend Payable

Jan. 2, 1929 .                    500,000.00        1,625,000.00

Deposits..........672,943,890.30

Bills   Payable.........27,500,000.00

Reserved for Interest, Taxes and other Purposes       .       6,833,245.86

Unearned Discount........1,096,314.86

Agreements  to   Repurchase  United  States  Securities

Sold           ..........26,868,251.68

Liability as Acceptor, Endorser or Maker on Accept¬
ances and Foreign Bills......124,140,575.62
 

$934,302,599.39
  1928: Page [No Page Number]