OF THE

COMMISSIONER OF BANKING

ON

State Banks, Mutual Savings Banks and Trust Companies

OF WISCONSIN

SHOWING THE CONDITION OF ALL BANKS AND TRUST COMPANIES IN THE STATE AT THE CLOSE OF BUSINESS ON NOVEMBER 26, 1912.

ROSTER

OF THE

STATE BANKING DEPARTMENT

ALBERT E. KUOLT, Commissioner of Banking

Kenosha

W. H. RICHARDS, Deputy Commissioner of Banking, Black River Falls

State Banking Department.

To His Excellency, FRANCIS E. MCGOVERN,

Governor of Wisconsin.

SIR: In conformity with section 2024-5 of the statutes, I respectfully submit my annual report on banks of Wisconsin. It is the eighteenth annual report since the creation of this department.

It presents the financial condition of 590 state banks, 4 mutual savings banks, and 13 trust companies, a total of 607 banking institutions organized under the laws of this state, and doing business on November 26th, 1912, the date of the last statement obtained from them on call.

The aggregate amount of capital employed by these banks is $20,011,650, a gain of $1,350,000 during the past twelve months; the total amount of resources is $209,037,498.52, an increase of $23,033,951.58, and the amount of lawful money on hand is $7,601,272.97, a gain of $529,177.19 over the corresponding amounts returned a year ago.

Itemized abstracts of the resources and liabilities of each of the three groups of banking institutions are presented in the appendix.

NO FAILURES.

It is gratifying to report at the outset that no bank failures occurred in Wisconsin in 1912; nor, indeed, have there been any failures of banks operating under our state laws since July, 1904. Thus, a period of over eight years, embracing the panic of 1907, from which Wisconsin banks emerged scatheless, has passed with a "perfect score"-a record unparalleled in the