Report of the State Bank of Italy

L'italia, January 25, 1914

Codes: ii.a.2 iv

Groups: Italian

The condition of the State Bank of Italy at the close of the fiscal year on January 13, 1914, is reported as follows:

	ASSETS
Loans and Discounts	$648,621.39
Surplus	1,233.23
Bonds and Securities	99,663.49
Real Estate and Chattels	92,743.78
Bank Credits	120,465.35
Foreign Currency	30,504.72
Cash	25,287.83
	$1,018,699.77

	LIABILITIES
Capital	$200,000.00
Surplus	50,000.00
Undivided dividends	4,432.95
Deposits	764,149.02
Reserve for Taxes and Interest	117.80
	$1,018,699.77

OFFICERS OF THE BANK

P. Schiavone, President

D. J. Schuyler, Jr. Vice-President

E. C. Dapples, Cashier

M. F. Schiavone, Assistant Cashier

BOARD OF DIRECTORS

R. C. Keller, Chairman, J. G. Garibaldi, George Lytton, M. F. Schiavone; W. R. Moorehouse; F. H. Gazzolo; D. J. Schuyler; E. C. Dapples; P. Schiavone.

From these figures one can see the constant progress being made by the bank, the only institution run by Italian capital and initiative under the state supervision, in Illinois.