All Bank Statistics, 1896-1955, Digitized
Principal Investigator(s): View help for Principal Investigator(s) Wenxuan Cao, New York University; Gary Richardson, University of California-Irvine
Version: View help for Version V1
| Name | File Type | Size | Last Modified |
|---|---|---|---|
|
|
application/x-stata-dta | 2.5 MB | 12/06/2022 09:18:AM |
|
|
application/vnd.openxmlformats-officedocument.wordprocessingml.document | 21.9 KB | 12/06/2022 10:13:AM |
Project Citation:
Cao, Wenxuan, and Richardson, Gary. All Bank Statistics, 1896-1955, Digitized. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2022-12-06. https://doi.org/10.3886/E182671V1
Project Description
Summary:
View help for Summary
This data set is a digitized version of “All-Bank Statistics, United States, 1896-1955,” (ABS) which the Board of Governors of the Federal Reserve System published in 1959. That volume contained annual aggregate balance sheet aggregates for all depository institutions by state and class of institution for the years 1896 to 1955. The depository institutions include nationally chartered commercial banks, state chartered commercial banks, and private banks as well as mutual savings bank and building and loan societies. The data comes from the last business day of the year or the closest available data. This digital version of ABS contains all data in the original source and only data from the original source.
This data set is similar to ICPSR 2393, “U.S. Historical Data on Bank Market Structure, ICPSR 2393” by Mark Flood. ICPSR 2393 reports data from ABS but excludes subcategories of data useful for analyzing the liquidity of bank balance sheets, the operation of financial markets, the functioning of the financial network, and depository institutions’ contribution to monetary aggregates. ICPSR 2393, for example, reports total cash assets from ABS but does not report the subcomponents of that total: bankers balances, cash in banks’ own vaults, and items in the process of collection. Those data are needed to understand how much liquidity banks kept on hand, how much liquidity banks stored in or hoped to draw from reserve depositories, and how much of the apparent cash in the financial system was double-counted checks in the process of collection, commonly called float. Those data are also needed to understand the contribution of commercial banks to the aggregate money supply since cash in banks’ vaults counts within monetary aggregates while interbank deposits and float do not.
While this dataset provides comprehensive and complete data from ABS, ICPSR 2393 contains information from other sources that researchers may find valuable including data from the aggregate income statements of nationally chartered banks and regulatory variables. To facilitate the use of that information, the naming conventions in this data set are consistent with those in ICPSR 2393.
This data set is similar to ICPSR 2393, “U.S. Historical Data on Bank Market Structure, ICPSR 2393” by Mark Flood. ICPSR 2393 reports data from ABS but excludes subcategories of data useful for analyzing the liquidity of bank balance sheets, the operation of financial markets, the functioning of the financial network, and depository institutions’ contribution to monetary aggregates. ICPSR 2393, for example, reports total cash assets from ABS but does not report the subcomponents of that total: bankers balances, cash in banks’ own vaults, and items in the process of collection. Those data are needed to understand how much liquidity banks kept on hand, how much liquidity banks stored in or hoped to draw from reserve depositories, and how much of the apparent cash in the financial system was double-counted checks in the process of collection, commonly called float. Those data are also needed to understand the contribution of commercial banks to the aggregate money supply since cash in banks’ vaults counts within monetary aggregates while interbank deposits and float do not.
While this dataset provides comprehensive and complete data from ABS, ICPSR 2393 contains information from other sources that researchers may find valuable including data from the aggregate income statements of nationally chartered banks and regulatory variables. To facilitate the use of that information, the naming conventions in this data set are consistent with those in ICPSR 2393.
Scope of Project
Subject Terms:
View help for Subject Terms
bank deposits;
economic history;
loans;
banking;
banks;
bank reserves;
bank liquidity;
components of monetary aggregates
Geographic Coverage:
View help for Geographic Coverage
United States
Time Period(s):
View help for Time Period(s)
1896 – 1955
Collection Date(s):
View help for Collection Date(s)
1896 – 1955
Universe:
View help for Universe
All depository institutions in the United States aggregated by state and year, with subtotals for national banks, state commercial banks, private banks, and mutual savings banks.
Data Type(s):
View help for Data Type(s)
administrative records data
Methodology
Response Rate:
View help for Response Rate
100%
Sampling:
View help for Sampling
The data was collected from call reports and other regulatory sources indicating the sum of the balance sheets for all depository institutions in operation on the specified dates.
Unit(s) of Observation:
View help for Unit(s) of Observation
Balance sheets of individual depository institutions summed by state and year
Geographic Unit:
View help for Geographic Unit
US States (including territories of Alaska, Hawaii, and Puerto Rico)
Related Publications
Published Versions
Report a Problem
Found a serious problem with the data, such as disclosure risk or copyrighted content? Let us know.
This material is distributed exactly as it arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigator(s) if further information is desired.