APPENDIX C-BANK RANK AND REGULATION BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM, Mr. VIC REINEMER, Staff Director, Subcommittee on Budgeting, Management and Expenditures, DEAR VIC: Enclosed is the list of bank holding companies with total assets over $500 million that I promised to send you. The regulatory status of the lead bank is shown by red pen marks beside each holding company. For example, the lead bank for Citicorp is First National City Bank and the "N" denotes National because First National City Bank has a national charter. Best regards, Enclosure. SAMUEL B. CHASE, JR., Subject: Bank holding companies with assets over $500 million. JUNE 17, 1974. From: Division of Research and Statistics (E. M. Wess and J. M. Bush). 176 LARGEST BANK HOLDING COMPANIES RANKED BY TOTAL ASSETS 1 (ASSETS IN EXCESS OF $500,000,000 AS OF DEC. 31, 1973, INCLUDING FOREIGN OPERATIONS) [Key: N = National (123); SM=State chartered member bank (42); S=State chartered nonmember bank (11)] 176 LARGEST BANK HOLDING COMPANIES RANKED BY TOTAL ASSETS 1 (ASSETS IN EXCESS OF $500,000,000 AS OF DEC. 31, 1973, INCLUDING FOREIGN OPERATIONS)-Continued [Key: N = National (123); SM=State chartered member bank (42); S=State chartered nonmember bank (11)] 176 LARGEST BANK HOLDING COMPANIES RANKED BY TOTAL ASSETS 1 (ASSETS IN EXCESS OF $500,000,000 AS OF DEC. 31, 1973, INCLUDING FOREIGN OPERATIONS)-Continued [Key: N = National (123); SM=State chartered member bank (42); S=State chartered nonmember bank (11)] 176 LARGEST BANK HOLDING COMPANIES RANKED BY TOTAL ASSETS 1 (ASSETS IN EXCESS OF $500,000,000 AS OF DEC. 31, 1973, INCLUDING FOREIGN OPERATIONS)-Continued [Key: N = National (123); SM=State chartered member bank (42); S=State chartered nonmember bank (11)] 76 LARGEST BANK HOLDING COMPANIES RANKED BY TOTAL ASSETS (ASSETS IN EXCESS OF $500,000,000 AS OF DEC. 31, 1973, INCLUDING FOREIGN OPERATIONS)-Continued [Key: N National (123); SM || State chartered member bank (42); S=State chartered nonmember bank (11)] = 1 Industrial corporations (whose principal business endeavor is not bank related) who have registered as bank holding companies such as Hershey's Chocolate, Minnesota Mining, Olin Chemical, and Beneficial Corp. (Western Auto Supply, Spiegel mail order, Central National Life Insurance, Beneficial Finance, etc.) have not been included in the list. Foreign firms with U.S. holding companies such as the Bank of Tokyo, Safra Bank, Otzar Hityashvuth Hayehudim, Barclays, and the Sumitomo Bank are also excluded. 2 Total assets include nonbank affiliates and foreign operations consolidated with the bank(s) and parent. In some cases total assets may be understated because the holding company used a single line entry instead of full consolidation of nonbank affiliates. 3 Intercompany accounts, deposits and transactions have been eliminated. • Formerly Unionamerica. 5 Excludes parent, CIT Financial. • Formerly Centran Bancshares Corp. 7 Includes National General Corp. (remaining 79 percent acquired by American Financial Corp. in March 1974) pooled retroactively as if the entire 100 percent had been acquired Dec. 31, 1973. • Formerly United Bancshares of Florida, Inc. and First Florida Bancorporation (merger). DEPOSIT RANK OF NATIONAL BANKS AS OF DEC. 31, 1973 (FROM OFFICE OF THE COMPTROLLER OF THE CURRENCY) |