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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS, FIRST HALF OF MARCH 1956
Class of bank
and
Federal Reserve District
All member banks
Central reserve city banks:
New York
Chicago
Reserve city banks
Bos-con
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

Gross demand deposits
Total

Interbank

Other

Net demand
deposits 2/

Time
deposits

April 6, 1956

Borrowings
Demand
Reserves with F. I Banks
at Federal
balances due
Reserve
from domestic
Total Required Excess
Banks
066
6,100
10,173
546
10,719

113,320

12,396

100,924

90,371

40,554

23,HO
6,023

4 005
1 133

19,105
4,890

20,544
5,349

3,243
1,298

75
101

4,281
1,136

4,271
1,135

10
2

44,138
2,185
1,067
2,9G9
5,482
2,638
2,905
5,4ll
2,48i
1,127
3,286
3,465
11,182

6 ,004
300
34
424
525
377
620
540
654
288
769
775
696

38,134
1,886
1,033
2,485
4,956
2,261
2,285
4,871
1,826
839
2,517
2,691
10,485

37,815
1,958
942
2,499
4,837
2,265
2,394
4,666
2,101
928
2,709
2,784
9,734

16,424
235
488
338
1,980
596
515
2,564
420
208
462
759
7,859

1,934
26
30
106
165
107
192
241
135
41
261
350
279

7,717
367
195
468
982
445
465
977
404
179
523
549
2,164

7,628
364
194
467
970
437
457
968
399
177
511
539
2,145

424
89
3
9
1
14
1
52
12
54
.
24 '
7^
8
39
81
9
13
5
1
30
12
40
10
23
46
19

105
175

Country banks
34,662
162
19,588
3,990
5,584
445
40,049
1 ,254
5,139
38,795
Boston
186
406
1,189
425
2,889
124
3,162
3,286
25
19
New York
4,l46
48
901
4l
6,022
126
5,380
331
853
5,896
Philadelphia
411
2,668
1,950
235
2,647
21
2,350
32
15
379
Cleveland
286
488
442
46
2,125
10
3,140
3,167
27
2,795
Richmond
288
1,218
2,254
11
369
38331
2,541
119
2,659
Atlanta
6
1,092
496
476
437
3,191
3,836
39
303
3,533
864
Chicago
68
18
5,114
3,650
796
599
5,862
5,768
94
282
St. Louis
803
1,818
245
258
2,100
2,049
23
3
51
Minneapolis
181
12
944
243
18
225
68
1,632
1,479
1,700
Kansas City
360
634
316
44
2,684
383
2,366
15
ill
2,795
4
404
Dallas
454
561
180
576
3,123
51
3,575
3,755
200
4
San Francisco
312
20
1,904
291
1,259
2,167
2,198
31
NOTE: Demand deposits adjusted (demand deposits other than interbank and United Eitatee Government, less cash items reported as in process of
collection) of all member banks estimated at $8<1,'+00 million.
• F o r numbered footnotes see next page.




J.la

DEPOSITS, RESERVES, AMD BORROWINGS OF MEMBER BANKS -- Continued
(Averages of daily figures.

Federal
Reserve
Pi strict

In millions of dollars)

Time deposits
Demand deposits except interbank
1st half T 2nd half
1st half
1st half
2nd half
1st half
March 1956 Feb. 1956 March 1955 March 1956 Feb. 1956 March 1955
Country banks in places with population of 15,000 and over l/

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

25,464

25.698

24.714

12,189

2,788
4,472
1,524
1,917
1,603
2,627
3,759
1,010
805
1,114
2,046
1,798

2,833
4,580
1,552
1,938
. 1,604
2,608
3,805
1,012
801
1,117
2,061
1,789

2,712
4,412
1,481
1,818
1,545
2,502
3,594
984
795
1,105
2,025
1,742

958
2,754
887
1,176
626
744
2,468
439
407
307
421
1,002

12,152
958
2,745
884
1,177
623 .
739
2,460
438
407
308
4l4
998

11,745
954
2,691
848
1,118
6l4
700
2,330
433
402
288
384
983

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

13,331
374
1,424
1,123
1,224
937
906
2,008
1,039
827
1,570
1,529
369

13.353
371
1,452
1,135
1,220
Q4l
871
2,018
1,041
827
1,568
1,535
374

13,102

7,400

7,374

7,130

347
1,373
1,136
1,172
902
800
1,962
1,014
823
1,609
1,554
4ll

231
1,392
1,064
949
592
348
1,182
364
537
327
155
257

230
1,389
1,060
945
591
342
1,179
363
536
325
154
259

223
1,320
1,049
914
563
312
1,159
354
523
312
134
266

1

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):
l/ 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. AND 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 or territory designated by an asterisk.)
I"Demand
—
a deposits
=
JJ-_ except interbank
.?n + ar.VlOtllt
TltHC dCpOSltS
1st half
1st half
2nd half
2nd half I 1st half
"1st half
March
1956
Feb. 1956 March 1955
March 19561 Feb. 1956!March 1955
Country banks in places with a population of less than 15>000
7.399.791 7,374^_013 7,129,665
Total, incl.Alaska
7,127,660
7.397.074 T?
Total, all States
243;,al" "2377552
245.169
New England
61,932
65,371
66,489
Maine *
62,331
55, ffl
67,302
27,105
28,091
56,634
28,297
New Hampshire
59,448
60,616
65,173
65,384
65,136
Vermont
55,515
56,581
57,175
44,352
45,019
Massachusetts
139,322
45,093
150,539
147,650
1,697
1,791
Rhode Island
770
702
1,790
721
37,323
62,406
Connecticut *
38,364
65,665
63,980
2.691.279 2 , 6 ^ 7 6 7 ?
Middle Atlantic
2.787,617 2.827,130 2,740,
942,344 • 'I§6>i6
956,662
943,354
New York *
983,770 1,003,705
596,491
613,129
668,348
615,325
703,234
New Jersey
692,679
1,108,463
Pennsylvania *
1,111,168 1,120,191 1,115,870 1,132,600 1,128,294
1,981,242
E. North Central
2,992,564 3,001,366 2,874,700 2.027.478 2,021,332
609,078
328,831
630,886
744,595
782,200
Ohio
787,000
231,482
239,739
240,488
469,297
495,886
Indiana
492,690
506,362
518,269
520,474
Illinois
1,094,828 1,098,350 1,052,137
382,890
385,075
351,422
386,305
364,096
Michigan *
353,862
251,430
249,418
257,249
249,325
260,834
Wisconsin
264,184
681,373
696,186
698.510
W. North Central
2.023,601 2.020,414 2,057,127
259,280
264,721
293,199
265,381
299.442
Minnesota
302,381
120,792
121,192
359,921
121,357
343,731
Iowa
346,939
97,283
103,635
104,089
346,279
356.443
Missouri
354,803
36,622
36,695
86,167
36,788
85,803
North Dakota
85,396
41,324
42,601
126,463
121,502
42,533
South Dakota
121,175
52,183
51,161
347,523
51,138
329,976
Nebraska
330,748
73,689
76,181
77,224
497,575
483,517
Kansas
482,159
725,204
766,052
771.331
1.424.461 1,402,106 1,327,477
South Atlantic
12,916
12,159
18,878
12,188
16,706
16,871
Delaware *
126,132
135,315
160,070
171,166
135,502
Maryland
169,936
287,685
303,861
354,867
304,624
370,309
Virginia
367,447
#,919
91,743
178,849
92,088
184,241
West Virginia
186,395
50,476
50,881
132,784
51,015
139,704
North Carolina
138,382
19,755
19,995
92,333
93,442
19,932
South Carolina
93,427
32,464
35,099
100,652
108,526
35,257
Georgia
108,590
106,857
116,999
289,044
318,012
120,725
Florida
343,413
217,602
231,698
644,693
234.116
659,855
667.587
E. South Central
"66,088
"637^23
273,201
67,261
275,017
273,690
Kentucky
92,036
98,581
167,415
167,664
99,670
Tennessee
173,117
49,715
53,976
152,692
163,188
54,158
Alabama
166,483
12,428
13,053
51,385
13,027
53,986
Mississippi
54,297
245,327
276,744
278.824
W. South Central
2.029,425 2.031,653 2.019,815
35:705
40,518
145,026
40,301
151,084
Arkansas
151,443
38,461
46,468
124,250
46,883
147,792
Louisiana *
150,265
62,139
66,077
67,062
335,750
337,634
Oklahoma
340,666
108,022
123,681
124,578
Texas
1,387,051 1,395,143 1,414,789
248,779
253,260
254.491
768,335
732,699
Mountain
730,954
-57T2ST
61,554
205,640
61,998
204,542
Montana
202,096
17,930
18,884
19,038
43,971
41,828
Idaho
41,600
28,582
31,108
104,060
31,126
101,230
Wyoming
100,866
76,69%
77,201
246,800
77,319
237,199
Colorado
239,001
19,210
25,192
25,446
99,920
98,139
New Mexico
97,263
1,74?
1,924
4,483
1,918
6,038
6,101
Arizona
40,644
35,096
52,246
35,333
39,927
Utah *
40,108
6,6c0
2,301
11,202
2,313
3,796
Nevada *
3,919
i?6,fgi_.
198,427
195.876
297,215
279,975
Pacific
275,145
46,089
48,058
80,145
45,452
75,067
Washington *
71,975
20,297
19,880
49,814
19,338
43,638
Oregon *
42,772
130,495
130,489
167,256
131,086
161,270
California *
160,398
2,005
2.706
2,214
2.717
2,354
2,441
Alaska