May 23 statistical tables on bank profitability contained several errors.
In the market capitalization table on page 6, the columns labeled "Common Equity" should have been labeled "Earning Assets" and the column labeled only "1st Qtr '97" should also have read "Net Interest Margin." Also, data for Union Planters Corp. were erroneously repeated on the line for Unionbancal, whose March 31 market capitalization was actually $3.018 billion, up 0.02% from a year earlier.
In that and other tables, some supposedly first-quarter data for La Salle National Corp., HSBC Americas, and Citizens Financial Group in fact came from last year's fourth quarter. La Salle releases earnings and asset results only at midyear and yearend. HSBC Americas ended the first quarter with $32.2 billion of assets; ROA was 1.86%, ROE 23.77%, and nonperforming assets 1.97% of loans and other real estate owned. Citizens had a nonperforming assets ratio of 1.19%.