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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM September 24, 1956 DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS, SECOND HALF OF AUGUST 1956 (Averages of daily figures-^ In millions of dollars) Demand Gross demand deposits | Reserves with F. R. Banks Borrowings Class of bank J Net demand balances due Time at Federal and ! deposits 2 / deposits from domestic Reserve Total Federal Reserve District Total Required Excess Interbankj Other J banks Banks 114,618 102,048 4 1 , 6 3 1 6,149 12,570 18,981 18,413 99,464 All member banks 567 893 Central reserve city banks: 20,663 4,304 28 ' 23,219 19,221 3,422 New York 4,332 3,998 191 59 6,101 1,204 109 1,144 100 Chicago 1,147 1,298 4,897 5,394 3 J.l Reserve city banks Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco 44,977 2,246 1,067 2,843 5,593 2,686 2,916 5,436 2,436 1,189 3,354 3,567 11,624 6,130 306" 37 448 523 389 577 571 639 319 808 824 688 38,847 1,940 1,030 2,395 5,070 2,297 2,338 4,865 1,797 870 2,547 2,762 10,936 38,524 2,017 938 2,454 4,924 2,315 2,420 4,712 2,072 978 2,748 2,871 10,073 16,763 225 501 353 2,012 626 557 2,637 427 210 474 760 7,981 1,910 28 33 95 164 105 177 226 106 44 ' 275 369 287 7,864 377 195 462 992 453 473 997 397 188 534 568 2,227 7,772 374 194 459 987 448 463 980 394 187 518 555 2,212 92 3 1 3 5 5" 9 17 3 2 16 14 15 417 6 12 64 77 30v 29 56 42 15 50 22 12 444 Country banks 40,321 4,072 20,148 5,638 185 1,238 34,863 5,193 39,083 Boston 413 22 121 31 191 1,194 3,233 2,947 %35 3,355 676 6,171 4,266 341 921 49 New York 126 6,045 45 5,520 248 4l6 2,710 Philadelphia 2,025 367 29 19 2,382 19 2,691 496 452 45 15 Cleveland 3,200 2,171 279 3,225 25 2,859 20 ' 287 330 2,630 363 Richmond 117 1,243 33 2,514 2,229 468 30 424 13 1,118 437 254 Atlanta 3,732 3,478 3,179 6 807 63 665 890 Chicago 5,962 5,863 5,151 3,774 99 261 4 284 2,116 23 1,825 831 St. Louis 253 2,059 57 PI 11 223 1,621 1,460 191 1,692 245 72 964 Minneapolis 42 360 118 317 2,609 7 Kansas City 652 2,691 2,371 395 6 601 446 621 3,664 53 Dallas 393 3,013 195 3,489 17 298 2,236 2,2C0 1,287 196 315 San Francisco 5 36 1,947 MOTE:Demand"deposits adjusted (demand deposits other than interbank, and United States Government, less cash items reported as in process of , collection) of all member banks estimated at $88,070. million. ' > For numbered footnotes see next page. DEPOSITS, RESERVES, AMD BORROWINGS OF MEMBER BAMS -- Continued (Averages of daily figures. In millions of dollars) Reserve District Demand deposits except interbank Time deposits_ . 2nd half 1st half 2nd half 2nd half 2nd half 1st half . Aug. 1^6 Aug.. 1956 Aug. 1955 Aug. 1956 Aug. 1956 Aug. 195! Country banks in places with population of 15,000 and over 1/ Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco 25.686 25,395 24,892 2,817 4,570 1,514 1,978 1,575 2,595 3,825 1,004 804 1,128 2,029 1,846 2,784 4,559 1,494 1,947 1,567 2,577 3,746 1,001 797 1,114 1,966 1,844 2,752 4,370 1,494 1,914 1,557 2,426 3,679 986 819 1,112 2,010 1,773 957 2,853 922 1,214 631 759 2,554 449 417 317 4p6 1,048 12,541 12,003 955 2,841 917 1,213 631 762 2,552 449 4l6 316 449 1,041 974 2,712 880 1,151 620 728 2,408 437 405 302 380 1,004 Country banks in places with population of less than 15,000 Total 13,197 13,363 13,233 Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco 4l6 1,474 1,178 1,222 938 882 -2,038 1,054 817 1,563 1,460 354 408 1,469 1,172 1,218 939 883 2,016 1,055 808 1,564 1,469 361 387 1,470 1,189 1,208 904 786 2,025 1,013 813 1,585 1,460 393 7.571 7,554 7,355 238 l,4l6 1,103 957 611 359 237 1,412 1,099 955 611 362 1,214 375 546 334 165 244 231 1,415 1,072 #3 579 #5 1,190 #0 529 #1 142 259 1,220 382 547 165 239 J / . j % ^ V l/ Includes any banks in outlying sections of reserve cities which have been given permission to carry the same reserves as country banks. Footnotes for preceding page (J.l): 1/ Averages of daily closing figures for reserves and borrowings and of daily opening figures for other columns, inasmuch as reserves required are based on deposits at opening of business. 2/ Demand deposits subject to reserve requirements, i.e., gross demand deposits minus cash items reported as in process of collection and demand balances due from domestic banks. ! I J.lb TYRPOSTTS. RESERVES. AMD BORROWINGS OF MEMBER BAMS -- C_ggg^ugd (Averages of daily figures; in thousands of dollars. Comparability of figures is affected somewhat by changes in Federal Reserve membership, absorptions, " • in States or territory designated by an asterisk.; particularly Time deposits Dpinflnd deposits except interbank 1st half 2nd lifilf 2nd half 2nd half 1st half 2nd half ™ & . 195(5 Aug. 1956 Aug. 1955 Aug. Aug. 1956 Countr banks in laces with a 38 13,233,095 Total, incl.Alaska 7.550.7^6 7 , 3 5 2 ^ 691 13.359,816 13,230 Total, all States 251.225 244,C_ 433,457 440^26 Hew England "^7,900 637400 68,249 55,383 69,907 71,393 Maine * 29,255 28,573 29,H3 63,373 66,287 68,084 New Hampshire 65,935 66,564 66,084 60,110 62,705 63,855 Vermont 46,551 46,696 46,869 155,277 163,621 166,212 Massachusetts 1,791 1,771 1,781 708 805 778 Rhode Island 39,793 37,079 40,064 64,111 70,132 70,404 Connecticut 2.897,024 2,885,521 2,905,804 Middle Atlantic 1,034,373 1,030,546 1,023,916 New York * 719,983 714,980 716,211 New Jersey 1,146,440 1,139,995 1,161,905 i . § : B Pennsylvania * 3.082.587 3.048,900 3,030,026 2 E. North Central 781,602 '638^ 115 753,570 792,310 Ohio 247,388 246,454 235,103 486,108 497,930 496,344 Indiana 542,668 537,030 518,977 1,112,464 1,147,221 1,158,146 Illinois 404,328 399,369 399,902 388,897 355,951 370,969 Michigan * 253,306 252,672 251,718 260,955 259,228 264,818 Wisconsin 710.690 709.575 690,790 1,987,542 1,960,401 2,019,839 W. North Central "IS/raS 269,031 "268,609 296,259 300,903 Minnesota 303,997 121,068 121,627 121,517 332,250 324,744 323,307 Iowa 101,000 107,921 108,143 348,134 358,515 358,530 Missouri 36,445 37,094 37,113 85,692 83,148 85,172 North Dakota 41,643 42,351 42,307 123,092 112,237 112,296 South Dakota 52,105 50,942 50,900 335,798 311,962 313,449 Nebraska 76,775 81,031 81,679 498,614 488,892 490,791 Kansas 748,290 797,200 794,216 1,415,542 1,419,345 1.326,448 South Atlantic 13,043 12,518 12,559 18,626 16,866 17,112 Delaware * 135,284 142,104 142,429 172,780 175,970 177,096 Maryland 293,091 310,770 311,223 352,106 362,930 366,474 Virginia 90,169 94,987 95,238 183,868 193,892 191,776 West Virginia 50,358 52,533 52,320 126,410 131,300 129,839 North Carolina 19,934 22,050 21,421 87,313, 93,729 91,477 South Carolina 33,414 36,405 36,392 105,341 108,479 110,212 Georgia 112,997 125,833 122,634 280,004 336,179 331,556 Florida * 222,654 241,039 242,091 600,529 622,943 622,863 E. South Central "64,090 9,923 70,957 243,149 251,089 249,091 Kentucky 94,327 101,779 101,915 161,483 165,876 165,861 Tennessee 51,620 56,062 55,976 148,850 156,457 157,587 Alabama 12,617 13,243 13,275 47,047 49,521 50,324 Mississippi _2^6i520 295,265 296,258 1,970,167 1.983,360 1,921,504 W. South Central 38,290 42,453 42,620 1377965 150,315 149,368 Arkansas 40,775 51,309 51,678 119,148 148,239 147,462 Louisiana * 64,036 69,981 70,221 332,415 351,861 346,932 Oklahoma 113,419 131,522 131,731 1,326,405 1,332,945 1,331,976 Texas _255421 259,897 256,693 733,691 715,836 709,008 Mountain ""647472 64,510 191,799 195,028 194,629 Montana 18,131 17,894 17,842 39,721 37,507 37,419 Idaho * 28,700 31,511 31,602 99,178 99,953 99,780 Wyoming 77,638 77,230 77,349 243,865 236,571 236,515 Colorado 22,576 26,846 26,730 92,117 96,635 95,370 New Mexico 1,812 3,165 3,472 6,118 4,649 4,473 Arizona 41,398 36,450 32,851 50,641 36,845 41,379 Utah * 6,450 2,329 2,337 10,252 4,114 3,977 Nevada * 181,274 179,648 >213 283,836 270,053 268,232 Pacific ""54,350 44,261 42,307 74,528 66,992 66,473 Washington 21,077 18,896 19,170 49,243 44,615 45,072 Oregon * 123,646 117,843 118,365 160,065 157,144 157,989 California * 2,405 2.756 2,798 2,456 3,022 3,288 Alaska
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