State Banking Department STATE OF WISCONSIN. MADISON, WIS., December 24, 1910. To the Honorable JAMES O. DAVIDSON, Governor of Wisconsin. SIR: The sixteenth annual report of the state banking department, submitted herewith, shows the condition of five hundred and seven (507) state banks, three (3) mutual savings banks, and eleven (11) trust companies operating in Wisconsin on November 10th, 1910, the date of the last report called for. Thirty-eight state banks were organized and chartered during the year covered by this report, one state bank liquidated by paying depositors in full. The net gain in the number of banks therefore is thirty-seven over the number reported November 16th, 1909. The list of new banks is as follows, to-wit: The State Bank of North Prairie was taken over by the State Bank of Genesee Depot, Genesee Depot, Wisconsin. Copy of resolution authorizing the sale of the assets of the State Bank of North Prairie to the State Bank of Genesee Depot, upon the latter bank assuming the liabilities of the former, was filed in the banking department and approved February 18th, 1910. Capital Stock. Seventeen state banks increased their capital from an aggregate of $610,000.00 to $1,095,000.00, the amount of the increase being $485,000.00, as shown by the following list, to-wit: The summary of gain and loss in the capital stock is presented in the following table, to-wit: Showing a net gain of $1,138,500.00 in capitalization of state banks during the year. |