STATISTICAL TABLES CONTAINING FIGURES FROM THE REPORTS OF STATE BANKS, SAVINGS BANKS, INSTITUTIONS FOR SAVINGS, AND TRUST COMPANIES. Table No. 1, showing resources of State banks. 160-161 Table No. 2, showing liabilities of State banks. .160-161 Table No. 3, showing summary of other items of State Banks.. .160-161 Table No. 4, showing resources of savings banks and institutions for savings... 164-167 Table No. 5, showing liabilities of savings banks and institutions for savings.. 168-169 Table No. 6, showing amount of deposits, whole number of depositors, largest amount due to any one depositor, amount, date, and rate per cent. of last dividend, amount of reserved profits at time of last dividend, and average rate of dividends for the last three year.. 170-171 Table No. 7, showing a summary of the condition of the savings banks and institutions for savings on June 30, 1907..... 172 Table No. 8, showing number, condition, and progress of the savings banks and institutions for savings from 1853 to 1907, inclusive....... Table No. 9, showing amount invested in mortgage loans in other States by the several savings banks and institutions for savings. Table No. 10, showing gold and silver coin, certificates, etc., held by savings 173 174 banks and institutions for savings.... Table No. 11, showing resources of trust companies.. Table No. 12, showing liabilities of trust companies... Table No. 13, showing whole number of depositors, largest amount due any one depositor, amount, date, and rate per cent. of last interest or dividend, amount of reserved profits at time of last interest or dividend, average rate of interest or dividend for the last three years, of trust companies having participation or savings account.. 184-185 ... 175 178-181 182-183 PAGE. Table No. 14, showing a summary of the condition of the trust companies on June 30, 1907..... 186 Table No. 15, showing the number, condition, and progress of all the trust companies in each year from 1869 to 1907, inclusive...... 187 Table No. 16, showing the amount invested in mortgage loans in other States by the several trust companies of this State..... 188 Table No. 17, showing gold and silver coin, certificates, etc., held by trust companies..... 189 REPORT OF THE STATE AUDITOR AND INSURANCE COMMISSIONER ON THE CONDITION OF THE STATE BANKS, SAVINGS BANKS, INSTITUTIONS FOR AND BUILDING AND LOAN ASSOCIATIONS. OFFICE OF THE STATE AUDITOR AND INSURANCE COMMISSIONER. PROVIDENCE, July 30, 1907. To the Honorable the General Assembly of Rhode Island: I submit herewith an abstract of the returns of State banks, savings banks, institutions for savings, and trust companies, reporting to the State Auditor and Insurance Commissioner on June 29, 1907, in accordance with the provisions of Chapter 851 of the Public Laws, passed March 29, 1901, and building and loan associations reporting to the Insurance Commissioner on December 31, 1906, in accordance with the provisions of section 15, Chapter 188 of the General Laws. STATE BANKS. Four State banks, including the "State Bank" in process of liquidation, filed returns showing their financial condition on June 30th. The capital stock of these four banks amounts to $472,225; their total resources amount to $2,322,817.45, or $448,708.24 more than the total in 1906. Tables 1, 2, and 3 contain statistics compiled from the returns of these institutions. SAVINGS BANKS AND INSTITUTIONS FOR SAVINGS. Twenty-eight savings banks and institutions for savings filed returns. Of these eleven are in process of liquidation. The Coddington Savings Bank, of Newport, reports as follows: "The Coddington Savings Bank paid its first and final dividend in liquidation May 3, 1907, and is now out of business. Rate of dividend, 109 and 21-100 per cent." The total resources of this class of institutions amount to $72,366,630.73, or $2,408,994.26 more than on June 30, 1906. Deposits show an increase of $3,065,265.66 over the previous year, notwithstanding the returns show a decrease of 889 in the number of depositors. The average interest paid upon deposits, exclusive of dividends paid by banks in liquidation, was four per cent., same as last year. Tables 4 to 10, inclusive, contain statistics relative to these banks in condensed form. TRUST COMPANIES. Twenty-one trust companies filed returns. Of these, the Manufacturers Trust Company, the Mercantile Trust Company, and the Rhode Island Mortgage and Trust Company, all of Providence, are in process of liquidation. The Merchants Trust Company, of Providence, incorporated June 12, 1903, reports as follows: "The Merchants Trust Company is not at present actively engaged in the prosecution of the business for which it was organized, and has no assets other than its corporate franchise, and no indebtedness or liability other than its capital stock." The Warren Trust Company, of Warren, incorporated in May, 1891, reports as follows: "The Warren Trust Company is not at present actively engaged in the prosecution of the business for which it was organized, and has no assets other than its corporate franchise, and no indebtedness or liability other than its capital stock." The William Ellery Trust Company, of Newport, incorporated April 19, 1906, reports that it has organized, and that $25,000 of its capital stock has been paid in, but it has not yet started business. The resources of this class of companies, exclusive of the Merchants Trust Company, the Warren Trust Company, and the William Ellery Trust Company, amount to $128,933,153.42, or $9,209.72 less than on June 30, 1906. The deposits in participation or savings account amount to $63,649,542.23-an increase of $1,909,207.83 over the figures for 1906. The returns show that the number of depositors in the participation or savings accounts of the trust companies has decreased by 4,728, leaving the number at 101,559. The average rate of dividends paid to this class of depositors by the trust companies was 3.64 + per cent. Tables numbers 11 to 17, inclusive, contain the figures of all the trust companies condensed. SAVINGS DEPOSITS. The whole number of depositors in the savings banks and institutions for savings is 122,319. The amount of their deposits, as herein stated, is $66,391,173.64. The whole number of depositors in the participation or savings departments of the trust companies is 101,559, and the amount of their deposits is $63,649,542.23. Adding these figures for the purpose of ascertaining the number |