NORMS AND TRENDS IN EARNING ASSETS 19 
TABLE ¥ 
NUMBER OF DisTrIicTS WITH RATIOS OF 
Loans AND Discounts To EARNING 
ASSETS INCREASING OR DECREASING 
FROM YEAR TO YEAR, 1010-10258 
YEARS 
TABLE 8 
CoMPARATIVE PosiTioNs AND YEAR-TO- 
YEAR DIrecTIONS OF CHANGE IN Dis- 
TRICT RATIOS oF Loans anp Dis- 
COUNTS TO EARNING ASSETS 
Pos‘tions P-lati-re 
ons. 
. 
a 
~~ 
.e 
we Traps 
~~ =m 
1010-1020. ... 
1920-1921... 
1021-1022... 
1022-1023... 
1923-1924. . 
1024-1025. . 
amounts of dispersion of the ratios from their seven-year levels. 
This fact is summarized in Table 9. That is, there is a regression 
to type—the ratios’ net percentage amounts of change from year 
to year varying directly with their percentage amounts of differ- 
ence from the seven-year district levels, and inversely with the 
signs. It would appear that on the whole there is a tendency for 
the ratios in each district to seek their own level. This result is 
not inherent in the amounts themselves; it is rather in the amounts 
with this sequence, the ratios being controlled by those who de- 
termine the composition of the earning assets—by those who 
TABLE 0 
COMPARATIVE PERCENTAGE AMOUNTS OF DEVIATION FROM DISTRICT 
Levers AND NET YEAR-TO-YEAR CHANGE IN RATIOS OF 
LOANS AND DiscouNTs TO EARNING ASSETS 
DIFFERENCES FROM DISTRICT AVERAGES, 1019-1025 
Sign 
Number of 
Cases 
Percentage 
Groups 
Average 
Percentage 
NET PERCENTAGE 
CHANGE FROM 
YEAR TO YEAR 
Average 
5.00 and over 
2.50 tO 5.00 
Under 2.ro0 
Under 2.50 
7 50 to 5.00 
:.00 and over 
Average 
oy 
Whe 
bY 
Lo 
» 
Ln 
51