Pre-1861 United States Banking Information

Compiled by Warren Weber

About the Antebellum U.S. State Bank Balance Sheets

This data set consists of individual bank balance sheets for the antebellum period in the United States compiled by Warren Weber from reports of state banking authorities. The data set is updated periodically. Select a state on the left to view the source list for the data and download the data for that state in Excel format. Or, click the button to download a zip file of all the Excel worksheets for all states:

For each state, data are available in two forms.

  • “Detailed” worksheet: data are presented in as detailed a form as in the original source.
  • “Standardized” worksheet: data are presented in a consistent set of asset and liability categories for each bank.

In the compilation, individual asset and liability categories have been preserved as much as possible. The data have also been modified in two primary ways:

  • Where the original data have both differences between assets and liabilities for a given bank and corresponding differences in reported aggregated totals for individual asset/liability categories, the data have been changed to eliminate such differences.
  • Where the original data have obvious inaccuracies (e.g., capital of $100,000 for several years in a row and then $10,000 for one year), such inaccuracies have been corrected.

Note also that for many dates, aggregate totals for individual asset/liability categories do not match reported data, presumably due to calculation and other errors by the original compilers. Some of the Excel files use Pre-1900 dates that Excel does not natively handle. Download the Excel Add In to overcome this limitation. Save the Add In to the “Library” folder in your Microsoft Office folder.

To cite this data set, please use this reference:

Weber, Warren E. 2008. Balance sheets for U.S. Antebellum State Banks. Research Department, Federal Reserve Bank of Minneapolis. https://minneapolisfedresearch.org/warren-weber/antebellum-banking.

The financial assistance of the Financial Services Research Group of the Federal Reserve System in compiling this data set is gratefully acknowledged.

 

Maps adapted from: Júlio Reis [CC BY-SA 3.0], via Wikimedia Commons.