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
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