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6T?
J.i

Class of bank
and
Federal Reserve District

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS, FIRST HALF OF MARCH, 1954
April 6, 1954
(Averages of daily figures l/. In millions of dollars)
Gross demand deposits
Demand
Reserves with F. R. Banks Borrowings
Net
balances due
at Federal
Time
demand
Total Interbank Other
deposits
Reserve
from domestic Total Required Excess
deposits 2/
Banks
banks
107,460
12,466 94,973
36.6
211
93,534
19.460 18.830
630
-AS

All Member Banks
Central reserve city banks:
New York
22,596
3,964 18,631
20,370
4,650
43
3,133
Chicago
6,005
1,221
4,784
1,262
5,383
1,239
115
Reserve city banks
14,574
6.086 35,210
1,929
7,721
41.117
35,643
Boston
1,804
180
2,093
289
1,903
27
369
New York
1,001
888
4l4
32
969
195
33
Philadelphia
104
2,447
425
2,371
2,797
483
302
Cleveland
5,166
4,625
186
1,828
561
4,569
988
Richmond
2,114
2.451
44o
2,072
112
491
379
Atlanta
600
2,652
2,052
2,214
476
463
174
Chicago
4,640
5,201
261
561
1,009
4,493
2,473
St. Louis
2,091
2.452
694
380
424
1,758
113
Minneapolis
868
188
44
1,171
202
984
303
Kansas City
820
2,662
2,407
3,226
272
455
545
Dallas
2,481
2,651
3,250
340
770
547
574
San Francisco
8,628
261
6,815
653
Country banks
4,211
32,138
1,215
17.952
Boston
3,081
116
1,150
2,703
191
447
2,965
New York
118
5,570
3,767
5,453
4,953
351
937
Philadelphia
1,842
2,524
2,205
2,505
434
19
239
Cleveland
26
1,960
2,910
2,936
512
307
2,557
Richmond
2,088
126
1,105
2,489
2,363
296
384^
Atlanta
888
469
2,742
463
3,324
249
3,075
Chicago
628
698
5,360
4,705
3,315
5,455
St. Louis
264
2,027
1,729
744
303
56
1,971
Minneapolis
l,4l4
263
1,643
878
193
72
1,571
Kansas City
400
2,640
116
2,312
383
2,756
553
Dallas
634
450
2,873
187
459
3,378
3,565
San Francisco
240
1,300
2,174
1,859
2,138
345
35
NOTE: Demand deposits adjusted (demand, deposits other than interbank and United StatesGovernment, less cash items
84,400 million dollars.
tcollection) of all member banks estimated at
I For numbered footnotes see next page.
N




m

it

1SL

4,669
1,259
7,647
372
193
483
978
431
449
1,002
420
198
533
538
2,048
5,255

-19
3
_IL
-3
1
-1
10
9'
13
7
4
4
12
9
8
572

7
27
1
2
7
5
24
17
4
7
10

78
10
420
27
12
870
67
12
37
397
62
450
5
10
46/
338"
2
410
11
810
269
34
3
6
236
27
6
334
1
400
58
1
320
25
reported as in process of

M

J.la

DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS -- Continued
(Averages of daily figures. In millions of dollars)

Federal
Reserve
District

Time deposits
Demand deposits except interbank
1st half 2nd half 1st half 1st half 2nd half 1st half
Mar. 1954 Feb. 1954 Mar. 1953 Mar. 1954 Feb. 1954 Mar. 1953
Country banks in places with population of 15,000 and over l/

Total
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

23,459

23,405

2,626
4,163
1,419
1,729
1,481
2,329
3,397
944
769
1,055
1,877
1,668

2,621
4,255
1,453
1,738
1,490
2,299
3,390
940
766
921
1,876
1,655

23,209
2,623
4,076
, 1,492
1,740
1,512
2,297
3,284
942
759
901
1,896
1,686 j

11,088

10,995

10,384

92 9
2,519
833
1,056
572
615
2,199
408
382
263
337
975

929
2,513
836
1,053
569
609
2,180
407
380
220
331
968

935
2,379
84o
1,002
530
553
2,027
385
361
195
292
883

Country banks in places with population of less than 15,000
Total
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

12,869

12,859

12,777

6,864

6,845

6,438

338
1,290
1,086
1,180
883
745
1,963
1,027
801
1,585
1,501
470

336
1,297
1,090
1,162
880
734
1,956
1,027
803
1,582
1,522
470

350
1,254
1,104
1,166
903
718
1,859
1,022
787
1,598
1,505
512

221
1,248
1,009
905
532
272
1,115
336
496
290
113
326

221
1,242
1,008
902
532
269
1,113
334
497
289
112
326

221
1,175
983
857
494
234
1,028
306
466
259
91
322

1/ 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.




j.lb

DEPOSITS, RESERVES, AMD BORROWINGS OF MEMBER BANKS -- Continued

(Averages of daily figures; in thousands of dollars. Comparability of
figures is affected somewhat by changes in Federal Reserve membership,
absorptions, etc., particularly in States designated by an asterisk.)
Time deposits
Demand deposits except interbank
1st half 2nd half 1st half 1st half 2nd half 1st half
Mar. 19541 Feb. 19541 Mar. 19531 Mar. 19541 Feb. 1954 Mar. 1953
Country banks in places with a population of less than 15*000
Total, all States 12,868,962 12,859,167 12,776,648 6,863,814 6,845,132 6,437,621
New England
235,787 235,733
235,394
360,449
357,407
371,514
Maine
62,484
61,483
62,528
52,651
58,330
53,731
New Hampshire
26,269
53,224
26,775
26,739
53,169
53,523
Vermont
62,016
60,050
61,952
56,410
52,714
54,594
Massachusetts
45,624
139,860
47,722
139,298
45,763
139,499
Rhode Island
1,592
1,588
1,545
926
790
790
Connecticut *
37,316
38,327
58,513
58,223
63,125
37,143
Middle Atlantic
2,639,381 2.648.302 2,631,637 2,502,779 2,494,083 2,397,029
New York
824,770 819,419
896,466
904,152
772,07:
New Jersey
633,094
577,510 576,804
545,49C
633,198
594,044
Pennsylvania *
1,109,821 1,110,952 1,150,703 1,100,499 1,097,860 1,079,4&:
E. North Central
2,855,405 2,831,443 2,742,289 1,910,805 1,906,173 1,780,922
Ohio
696,780
546,161
704,325
583,152 580,820
722,939
Indiana
201,466
467,689
446,554
220,141 219,475
471,368
Illinois
452,801
1,063,362 1,066,142 1,022,446
489,227 487,906
Michigan
340,561
349,028
327,123
370,563 369,946
345,773
Wisconsin
244,259
249,386
247,722 248,026
251,963
239,925
W. North Central
641,087 640,159
2,052,486 2,051,484 2,018,032
588,972
Minnesota
278,754
267,125
229,769
243,051 243,914
279,048
Iowa
362,763
103,746
338,051
115,323 114,843
367,229
Missouri
347,760
88,915
79,820
347,698
89,549
North Dakota
87,348
34,626
36,087
87,372
86,691
36,124
South Dakota
126,254
125,652
38,001
37,726
33,717
125,432
Nebraska
362,996
51,503
48,759
363,380
353,739
51,623
Kansas
485,609
502,287
67,171
483,008
67,416
58,535
South Atlantic
1,267,546 1,261,494 1,281,095
668,461 666,773
609,783
Delaware *
19,388
19,172
13,053
12,495
17,198
11,919
Maryland
110,054
154,209
154,039
154,440
118,728 118,765
Virginia
334,871
348,571
246,097
269,185 268,657
339,141
West Virginia
181,460
82,800
184,607
86,480
86,319
182,394
North Carolina
47,060
48,708
128,575
134,370
48,652
127,797
South Carolina
19,328
96,812
97,065
99,329
17,799
19,353
Georgia
102,426
30,428
103,300
103,973
27,269
30,768
Florida
240,845
66,209
246,464
239,689
81,515
83,376
E. South Central
636,054
198,402 197,208
640.773
637,599
173,797
Kentucky
282,129
277,683
275,366
49,412
56,914
57,357
Tennessee
158,042
163,388
159,794
82,564
82,915
73,491
Alabama
148,529
150,119
147,657
41,738
47,054
47,359
Mississippi
48,226
51,900
10,771
10,676
51,593
9,156
W. South Central
176,491
1,958,729 1,977,819 1,959,131
212,304 210,761
Arkansas
143,392
145,489
26,489
31,308
141,605
31,585
Louisiana
112,865
101,018
30,738
34,309
113,734
34,665
Oklahoma
329,148
336,793
55,165
47,757
331,758
55,549
Texas
1,392,414 1,375,831
71,507
Mountain
732,431
212,977_
737,637
Montana
201,861
200,068
198,600
48,-26
53,116
53,016
Idaho
43,446
43,894
17,142
45,713
15,779
17,555
Wyoming
100,866
100,802
101,340
26,828
26,819
23,895
Colorado
232,762
229,962
71,226
233,430
70,830
64,719
New Mexico
90,562
90,095
91,918
17,244
15,805
17,177
Arizona
6,641
6,345
1,962
6,779
1,543
1,973
Utah *
47,887
51,429
47,996
37,456
36,331
Nevada
10,758
9,400
6,650
11,352
6,179
Pacific
360,355
361,188
262,574 262,879
262.256
399,259
Washington *
74,273
74,925
42,227
80,575
42,346
45,002
Oregon *
68,783
100,318
68,699
34,123
34,220
43,269
218,132
216.731
218,366
186,224 186,313
Digitized California
for FRASER
173.985



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