"Ab 
BANKING STANDARDS 
TABLE 04 
Rarios oF NET EARNINGS TO Gross EARNINGS IN NATIONAL BANKS, 
FEDERAL RESERVE SYSTEM, BY YEARS AND : 
BY FEDERAL RESERVE DISTRICTS 
RATIOS oF Nr EARNINGS T0 Gross EARNINGS 
verage 
reel 1919 | 1920 | 1021 | 1022 | 1923 / 1924 | 102% 
1925) 
28.68 | 28.04 
30.52 
Ba 
4. 
sai 
27.36 
12.48 
*5.45 
73 
.54 
2.5. 
< 
t4.7% 
and the frequency groupings for the two groups of banks. This 
is done immediately below. 
Tables 94 and 95 give the ratios for the two groups of banks 
by district-years from 1919 to 1925, the average ratios for each 
district for the period 1919-1925, and the yearly average ratios 
for each year for the twelve districts combined. 
[f these tables are compared, it is found that (1) for the 
entire period 1919-1925, and for each year, the ratios for the 
banks in the entire System were lower for state than for national 
banks; (2) the ratios for the period 1919-1925 were lower for 
state than for national banks in every district except Philadel- 
phia, the smallest difference occurring in Dallas and the largest 
in San Francisco; and (3) the ratios were lower for state than 
for national banks in every district every year except for Phila- 
delphia, St. Louis, and San Francisco in 1919; Philadelphia and 
Dallas in 1920; New York, Philadelphia, Atlanta, and Dallas 
in 1921; Philadelphia and Richmond in 1922; Philadelphia, Chi- 
cago, St. Louis, and Kansas City in 1923; Philadelphia, Kansas 
City, and Dallas in 1924; and Philadelphia and Atlanta in 1923. 
That is, of the 84 pairs of ratios, those for state banks were 
lower in 75% of the cases. 
The nature of the grouping of the ratios for the two types 
of banking members is shown in Chart 36, from which it is 
apparent that the ratios most common for the national banks