Independent Banker - May 2020 - 11

History Lesson
The State of Banking
See you on the flip side
We know the famous faces, but what's on the
back side of bills?
Give that Benjamin a turn. Flip over those Hamiltons. Some of the most
interesting art and historical references can be found on the back side of
our currency.
On the back of $1 bill, for example, you'll find the pyramid and eagle, which
together form the Great Seal of the United States. Though it was designed
back in 1782, it's only been on the back of the bill since 1935. That side also
features the mottos " Novus ordo seclorum " ( " A new order of the ages " ) and
" Annuit cœptis " ( " He has favored our undertakings " ).
Other currency provides an engraver's tour of prominent Washington, D.C.,
structures. You'll find the Lincoln Memorial on the back of the $5 bill, the U.S.
Treasury Building on the back of the $10 bill, the White House on the back of
the $20 bill and the U.S. Capitol on the $50 bill. Only the $100 bill ventures
away from the Potomac. It pairs founding father Benjamin Franklin on the
front with Philadelphia's Independence Hall on the back.
Banker's Hours By Christopher Weyant
Nebraska
165
banking institutions
Total assets:
$82.3 billion
The Omaha, Neb., and
Council Bluffs, Iowa, area
has the largest
deposit market with
$33.8 billion
in deposits
Median ROA:
1.14%
Agriculture has
the highest loan
concentration at
272%
Source: FDIC Q4-19 statistics
Quick stat
25%
of U.S. retail sales volume is estimated
to come from e-commerce by 2025
Source: Aite Group, U.S. Department of Commerce
" Did you clear this with Compliance? "
independentbanker.org Q 11

http://www.independentbanker.org

Independent Banker - May 2020

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Independent Banker - May 2020 - Table of Contents
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