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Class of bank
and
Federal Reserve District
All member banks
Central reserve city banks:
New York
Chicago

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
August 9, 19 5&
DEPOSITS, RESERVES, AND BORROWINGS OF t^MBER BANKS, FIRST HALF OF JULY 195^
(Averages of daily figures!/ In millions of dollars)
Borrowings
Demand
Reserves with F. R. Banks
Gross demand deposits
at Federal
balances due
Net demand
Time
Reserve
from
domestic
deposits
deposits 2/
Total
Required Excess
Total
Interbank
Other
Banks
banks
18,963
18,307
656
6,740
115,996
13,406
102,591
8,934
41,436

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

23,312

4,196
1,243

19,116
4,915

45,570

6.605
337
40
495
550
422

38.965
1,887
I,035
2,444
5,095
2,310
2,310
4,841

2,225
I,074
2,938
5,646
2,732
2,967
5,403
2,503

20,458

-W
38.279
1,974
933
2,491
4,899
2,303
2,402
4,603
2,077
950
2,731
2,813
10,103

3,408

68
107

16.732
228
498
351
2,004
610
544
2,632
428
208
471
771
7,966

2.091
26
33
99
172
124
201
236
123
46
282
443
307

4,272
1,138

4,262
10
lj 139 • - 1

7.842
373
195
466
985
452
468

7.727
367
193
466
9 62
445
46o
960
395
181
515
545

982

?

115

6
2

3

7"
8
22
4

;
400
1,816
687
6
188
868
312
20
2,508
874
3,383
11
916
2,724
3,640
24
2,218
2,241
II,126
II,879
753
5,179
532
_LJ11_
34,830
19,989.
1,361
Country banks
40,957
39,595
420
457
3,006
1,195
Boston
139
T33F
37573
884
946
386
4,229
5,608
6,230
147
New York
6,377
42
427
286
385
1,999
23
2,734
2,375
Philadelphia
2,757
447
51
498
311
2,157
28
2,827
3,212
3,240
Cleveland
38"
332
370
312
1,250
2,242
131
2,690
2,559
Richmond
44
433
477
515
1,117
308
3,145
3,824
3,517
Atlanta
82
879
674
797
5,085
3,735
96
5,837
Chicago
5,932
28
286
258
281
818
1,807
2,078
2,135
57
St. Louis
223
27
250
197
1,458
954
1,632
1,704
71
Minneapolis
51
313
363
434
648
122
2,334
2,700
2,822
Kansas City
441
50
391
608
627
203
3,007
3,510
3,714
Dallas
21
296
234
317
1,279
2,288
36
2,253
1,937
San Francisco
Note: 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 $88,260 million.
For numbered footnotes see next page.




1,180

g

S

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

In millions of dollars)

Demand deposits except Interbank
1st half
2nd half
1st half
July 1956 June 19561 July 1955

Time deposits
1st half
2nd half
1st half
July 1956 June 19561 July 1955

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

26,163
2,923
4,728
1,563
1,986
1,624
2,623
3,816
1,023
814
1,140
2,033
1,890

26,145

25,138

2,940
4,801
1,566
1,999
1,605
2,602
3,818
1,010
807
1,143
2,022
1,832

2,783
4,476
1,524
1,899
1,563
2,495
3,657
992
807
1,124
1,996
1,823

12,484

r/l2,408

11,928

961
2,823
911
1,205
643
759
2,528
446
411
316
446
1,035

rj 960
2,802
905
1,200
642
754
2,513
444
409
314
441
1,025

963
,#,688
'1872
1,146
- 623
723
2,387
437
403
293
381
1,013

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

411
1,502
1,171
1,226
936
893
2,021
1,054
818
1,560
1,478
363

392
1,464
1,143
1,213
917
879
1,996
1,024
802
1,510
1,453
353

r

&

13,432

b

Country banks in places with p<spulation of less than 15,000
Total

13,154

7,505

1/7,464

7,288

368
1,468
1,174
1,191
892
797
1,982
1,014
805
1,576
1,481
407

234
1,406
1,088
952
607
358
1,207
372
543
332
162
244

l/

226
1,394
1,054
923
571
323
1,180
359
527
317
138
2 66

233
1,391
1,080
951
601
357
1,203
370
541
328
163
246

r j Revised
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.
Time deposits
Demand deposits except interbank
1st half
2nd half T 1st half
1st half
2nd half
1st half
July 19561 June 1956I July 1955 July 1956I June 19561 Ju3y 1955
Country banks in places with a population of less than 15,000
7", 288,30.3
Total, incI.Alaska 1375327370 13,144,580 13715%,131 7,504,834
Total, all States 1 3 ^ 7 ^ 0 3 , 3 * 2 , 0 0 7 13jl51j7T9
239,552
New England
391,119
4Z
32
76
,¥
3 0 % %417,529"
]
S
62,494
67,061
Maine *
7072gd
"527759
72,134
67,355
27,491
28,487
New Hampshire
60,211
61,508
28,705
65,836
65,826
65,485
Vermont
58,263
63,869
61,947
65,895
45,247
Massachusetts
45,680
145,210
r/45,375
151,741
161,599
1,740
1,782
Rhode Island
1,782
824
761
773
36,654
Connecticut *
39,298
38,528
71,200
73,042
63,925
2,683,001
2,701,799
Middle Atlantic
2,919,991 2,846.801 2,880,044 2,724,958
New York *
952,6
945,136
170557019 1,019,575 1,029,266 956751^
610,607
New Jersey *
611,525
714,366
698,304
703,234 616,576
Pennsylvania *
1,145,138 1,119,530
1,151,606 1,128,923 1,147,544 1,151,866
E. North Central
2,055,771 2,012,716
3,040,902 2,999,865 2,952,966 2,060,514
Ohio
617,893
635,013
768,628 634,470
788,393
785,290
233,444
Indiana
242,749
244,075
472,883
482,099
487,975
Illinois
529,741
1,151,612 1,128,497 1,094,656
532,840
517,797
Michigan *
393,196
349,296
362,156
395,752
397,637
346,954
250,386
Wisconsin
263,626
251,492
252,516
254,643
257,025
688,481
W. North Central
706,585
702,589
1,992,958 1,946,230 2,005,934
261,006
Minnesota
266,703
310,664
267,585
298,728
302778T
121,227
Iowa
121,746
121,734
332,915
328,988
339,281
99,800
Missouri
107,306
105,163
346,984
359,936
348,551
North Dakota
84,148
82,860
36,693
36,982
36,963
83,241
South Dakota
42,112
41,623
41,938
112,259
110,744
120,343
Nebraska
50,810
52,205
50,627
310,468
305,884
328,336
Kansas
482,568
80,075
489,402
466,034
75,927
79,430
South Atlantic
783,922
1,425,334 1,398,759 1,322,549
790,541
739,530
Delaware *
12,482
12,908
12,365
16,923
16,571
18,798
Maryland
130,426
140,792
163,810
137,918
172,058
175,372
Virginia
310,214
290,544
308,552
364,492
351,721
356,385
West Virginia
89,823
94,761
93,644
193,742
190,235
183,999
North Carolina
50,475
51,494
132,260
126,334
129,517
51,769
South Carolina
20,027
20,215
83,626
88,381
19,925
86,793
Georgia
36,248
106,172
100,891
108,617
35,836
33,309
Florida *
112,120
124,086
124,060
341,028
345,547
293,370
E. South Central
222,128
239,804
624,510
239,359
610,77'
634,577
Kentucky
64,210
69,666
I
70,531
256,937
253,037
249,3'
Tennessee
100,931
100,970
167,475
165,090
165,293
93,756
Alabama
56,024
55,546
159,706
51,589
156,936
147,750
12,318
Mississippi
13,177
12,573
48,372
49,447
50,459
252,812
288,580
W. South Central
291,376
,951,113
1,995,153 1,939,913
38,102
42,029
150,288
Arkansas
l4l,9&L
144,213
40,725
Louisiana *
50,468
40,358
120,280
145,465
144,137
49,938
69,298
Oklahoma
63,902
67,659
358,197
341,292
334,074
110,450
129,581
Texas
1,341,203 1,317,489 1,347,580
130,258
251,280
Mountain
256,241
257,079
710,454
744,157
703,852
Montana
63,908
194,829
58,451
192,627
194,517
63,175
Idaho *
17,832
18,080
36,760
41,113
17,901
36,899
Wyoming
99,768
31,315
28,345
31,504
98,640
100,255
77,164
Colorado
76,821
234,373
242,528
77,637
232,567
26,752
94,302
New Mexico
26,930
94,123
95,308
6,000
1,929
Arizona
6,026
1,911
5,965
S
40,504
35,847
Utah *
41,059
35,665
39,123
53,299
Nevada *
2,332
6,467
3,918
•2,334
11,111
3,908
Pacific
264,648
185,789
196,587
293,118
183.198
272.936
Washington *
"46,653
45,894
78,982
"69,238
46,125
71,497
Oregon *
42,606
20,725
19,582
48,617
44,323
19,396
California *
120,313
129,209
152,804
165,519
157,116
117,677
Alaska
2,316
2,839
2,352
2,573
2.834
2.761


r/ Revised.