OY) 
BANKING STANDARDS 
TABLE 70 
NuMBER oF Districts WITH Ratios oF Total EXPENSE TO Gross 
EARNINGS FOR NATIONAL BANKS AND FOR STATE BANK AND 
Trust CompaANY MEMBERS ABOVE OR BELOW THEIR 
RESPECTIVE AVERAGES FOR THE PERIOD, 1019-1025 
YEARS 
(919. -cocvcnee nee 
(G20. cs euunss eee 
92. 
(922. 0... ee 
1023. cvurennn ce 
1024... 
102%... 
ABOVE 
National 
Banks 
State Bank 
and Trust 
Company 
Members 
b ! 
& 
< 
« 
BELOW 
National 
Banks 
State Bank 
and Trust 
Company 
Members 
~y 
/ 
6 
6 
4 
£- 
age of gross earnings, is lower for national than for state bank 
members. 
How do the ratios for the two groups of banks each year com- 
pare with their respective average levels for the period 1919 to 
1925? That is, are they high or low at the same or at different 
times in the various districts? Do the high and low years coin- 
cide district by district for the two groups of bank members? 
Answer to the first question is found in the detail in Table 7o, 
which shows marked agreement for the two bodies of data as to 
the years, from 1919 to 1925, which may be termed “low,” 
“moderate,” and “high.” In the first category belong 1919 and 
1920, in which the ratios for ten and eleven, respectively, of the 
twelve districts for both groups of banks were below their re- 
spective seven-year levels. The years 1921, 1922, and 1923 are 
neither generally “high” nor “low,” the number of ratios for both 
national and state banks which are above and below the district 
levels being approximately evenly divided. The years 1924 and 
1925 are clearly “high,” all the districts for national and all but 
one for state bank members giving them this position. In sum- 
mary, therefore, both groups of banks point to the same general 
tendency—the early years are low, the middle years moderate and 
the later ones high—the standards of comparison being the re- 
spective district levels.