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July 1974

Income and Expenses of Eighth District Member Banks—1973

by William Lepley

Net income of the 431 Federal Reserve member banks in the Eighth District rose by 9.8% in 1973, substantially higher than the 3.5% increase that occurred in 1972. This increase in Eighth District net income compares with increases for all member banks in the nation of 17.3% in 1973 and 7% in 1972.