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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
, DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS, FOR THE BIWEEKLY PERIOD ENDED FEBRUARY 8, 1961
(Averages of daily figuresi/. In millions of dollars)
February 24, 1961
Demand
BorrowReserves
Class of bank
1
Gross demand deposits
Net demand Time balances With Currency
ings at
I — and
Inter-| U. S.
deposits 2/ deposits due frcm F. R. and coj'.-i Required Excess F. R.
Total
F. R. District
Other
bank j Govt.
dcm.bks. Banks
total
Banks
All member banks
122,746 13,736 3,592 105,4l8
103,769
6,944 16,530
59,783
2,426 3/18,397 3/558
122
Cent. res.city bks.:
24,468
New York
80S
4,358
19,302
20,397
u
5,558
98
3,463
185
3,643
7
6,026
1,176
Chicago
4,655
195
1,693
102
5,275
18
2
927
30
955
40,0l4
6,714 1,362
Reserve city banks
47,755
2,o84
39,679
23,259
4o
7,071
7,765
50
735
2,3b>
62
Boston
l,9bb
2,090254
337
1
-'32'
19
3t>B
339
1,067
New York
49
942
647
162
983
26
188
35
33
2,462
100
Philadelphia
3,035
2, 563
4l4
473
723
-1
43
459
99
5,582
181
4,878
Cleveland
4,909
523
2,927
849
110
16
183
956
3
3,216
444
102
2,670
Richmond
2,719
426
915
494
159
71
3
3,440
82
Atlanta
2,633
2,736
725
253
455
50
499
959
5
4,014
Chicago
4,748
210
3,982
556
2,629
185
703
94
794
9
3
64
St. Louis
2,562
746
2,127
1,752
6
567
2
132
352
29
379
1,258
Minneapolis
898
1,005
326
285
4l
10
180
2
172
35
3,468
Kansas City
885
2,500
2,784
8
83
8
727
274
471
496
33
1,011
66
Dallas
3,856
2,985
4lo
2,778
1
1,343
528
560
39
7
640
11, l4o
San Francisco
12,176
11,283
8
342
2,402
13,159
8
283
211
2,199

:
J.l :

,

Country banks
38,082
4,660
44,497
1,487 1,227
41,782
29,274
1,476
5,069
Boston
3,6l6
108
1,483
124
203
346
137
3,371
3,139
New York
6,218
4o4
7,012
211
6,667
872
244
6,073
133
Philadelphia
2,886
28
101
2,522
340
2,757
267
2,733
125
Cleveland
106
3,160
2,763
2,741
3,027
304
l4i
27
374
Richmond
2,201
2,621
2,427
270
115
1,572
107
305
79
Atlanta
4,143
418
289
3,471
89
1,877
524
l4i
3,765
Chicago
6,063
6,687
868
7,036
740
151
198
5,917
236
St. Louis
2,260
68
1,146
288
2,138
66
258
1,933
53
Minneapolis
1,602
1,724
1,386
240
1,855
46
76
199
55
Kansas City
140
466
2,674
2,964
1,136
3,203
67
357
99
Dallas
60
4,036
1,287
421
3,191
277
3,699
98
752
San Francisco
66
2,669
2,305
81
47
2,556
1,925
207
306
NOTE: Demand deposits adjusted (demand deposits other than interbank and United States Government, less cash
process of collection) of all member banks amounted to $93,385 million.
For numbered footnotes see next page.




48
6,033
512
6
4 % ..
19
1,050
65
9
6
25
439
46
469
3
4
343
35
4
. 48
510
8
80
1,023
2
289
35
2
262
25
2
47
378
447
72
14
373
—
items reported as in

'2fr
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DEPOSITS, RESERVES. AND BORROWINGS OF MEMjBSR BANKS -- Continued
(Averages of daily figures. In mlllitos of dollars)

Federal
Reserve
District

Demand deposits ex ept interbank
Time deposits
and U. S. Cor ernment
J"BH • 26 -Jan. 12-: 5, Jan. 28- Jan. 2£- Jan.12-25, Jan. 20Feb.10,1960
1961
Feb.8,1961
Feb.10,1960 Feb.8;ll6l
1961
Country banks In ; laces /with population of 15*000 and over 1/ 2/

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

29,561 r/30.2?;
3,022
5,526
1,698
1,936
1, 561
2,978
4,912
1)119
9C0
1,314
2,269
2,327

5>6'6
1,7 7
1,9 '2
>,5.7
l/3,0 0
5,015
1,166
923
1,341
2,293
2,405

28,754

19,96!'

r/19,863

17,544

2,927
5,381
1,665
1,9?-.
1,6.9

1,2c
4,62(
1,35!

,1,194
l/4,6l2
l,55p
1,55k
# 815
r/l,407
4,462
617
655
552
934
1,713

1, 111
4,260
1,192
1,456
797
1,278
3,451
573
615
485
773
1,553

r&

1,.U6
*381
1 278
r.,272
2,279

1, hQl
4,49S
621
652
961
1,717

Country "banks in places with population of less than 15,000
Total

12.221 1/12,417

12,413

Q.905

l/9,272

8,775

Boston
274
. 280
350
356
280
349
1,410
New York
tl 1,452
1,165
1,252
1,141
1,447
Philadelphia
1,315
1,078
1,102
1,373
1,059
1,378
Cleveland
1,111
1,182
1,112
1,121
1,184
1,091
.75°
Richmond
747
886
912
867
754
Atlanta
419
1/459
I/78I
757
786
473
Chicago
1,326
1,802
1,415
1,781
1,417
1,775
St. Louis
485
1,045
1,063
523
1,019
525
Minneapolis
708
830
732
839
824
733
Kansas City
508
1,680
574
1,571
1,650
579
Dallas
1,441
324
1,445
277
1,430
326
San Francisco
20 8
194
229
233
208
229
xj Revised
1/ Includes any "banks in outlying sections of reserve cities which have been given
permission to carry the same reserves as country banks; also includes member
banks in Hawaii.
2/ Classification by population is based on the i960 census; comparative figures for
I960, previously reported on the basis of the 1950 census, have been revised.
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.
3/ Revised weekly figures compared with those given in published weekly statements:

Feb.
Feb.
Feb.
Feb.

1
8 .
152/
222/

p/ Preliminary.




Required
reserves

Excess
reserves

Free
reserves

18,4l6
18,378
18,201
18,298

546
§
775

480
390
461
668

-J-.lb
DEPOSITS, RESERVES, M B BORROWINGS CP MEMBER BANKS — Continued
(Averages of daily figures; in millions of dollars. Comparability of figures
is affected somewhat "by changes in Federal Reserve membership, absorptions,
etc., particularly in States or other areas designated "by an asterisk.)
rfcry hanks
"bfinksin
ir> "Demand deposits
/SATinai "kaexcept
&Yr*{yr>+'.
•JnfDr'KonV I
Country
interbank
Time deposits
places with a popand U. S. Government
ulation of less
J"an. 2^- Jan.12-25, Jan. 28"- Jan. 26- Jan.12-25, Jan. 26than 15,000 g/
Feb .8,1961
FebJD,i960 Feb.8,1961
1961
Feb.10,1960
1961
'Total
12,220 .7 r/12,416.9 12,412.8 1 9,305.0 r/9,272^2 "8,77-5.
-liL
Total, all States 12,213"3 1/12,409.9 ' "127^05.0 9,292.7 r^72S9.6
2765:2.
Nev England
340.9
260%
274:2
349.7
355.9
279.9"
Maine *
51.1
tttt"
tttt
59.0
75-5
New Hampshire
56.5
58 '1
54.7
37.7
37.3
33-9
Vermont
54.9
94.0
97.4
98.7
53.5
Massachusetts
151.3
154^4
50.4
147.2
50.1
47.6
Rhode Island
Connecticut *
35.1
23.0
22.9
35-4
23.2
35.3
Middle Atlantic
2,458.5
2,505.2
!, 624.2 3A57.2
3,038.8
3,155.7
New York
755.0
914.6
885.8
"33575
913.5
W T
New Jersey
684.5
702.1
818.9
706.8
822.9
779-0
Pennsylvania
1,019.0
1,037.8
1,081.9 1,423-7
1,419-3
1,374.0
E. North Central
2,677.0
2,723.8
2,708.1 2,457.3
2,304.4
2,453.6
Ohio
669.5
663.5
680.7
749.9
tWTT*
707.6
Indiana
463.6
471.1
328.0
469.3
327.2
299.8
Illinois
976.3
611.6
992.0
562.8
609.9
983.5
Michigan
332.1
478.8
338.0
449.1
477.4
333-8
Wisconsin
235.5
240.8
239.2
289.0
290.0
285.1
W. North Central
1,993.9
2,027.0
990.7
1,977
986.1
938.6
Minnesota
296.7
302.0
294.8
33B.3
329.7
337.7'
Iowa
317.7
144.9
144.6
321.3
317.8
142.9
Missouri *
352.5
380.0
368.3
159.6
148.0
158.9
North Dakota
80.8
82.7
51.4
83.4
51.4
50.4
South Dakota
128.1
68.4
129.7
68.2
127.5
64.6
Nebraska
325.2
325.7
315.4
73.5
65.9
72.5
Kansas
492.9
154.6
152.8
. 497.3
458.9
137.1
South Atlantic
1,270.1 g/l,288 .3
1,299.0
973.2 _ £ Z ? % o _
940.6
Delaware
"3^8"
37T
3.9 — z n r 3.9
Maryland *
93-6
118.0
140.0
148.6
93.9
117.7
Virginia
397.1
4o4.l
416.1
414.5
389.5
398.6
West Virginia
182.8
187.1
186.1
134.2
121.6
133.5
North Carolina
103.0
107.2
54.4
104.7
52.8
47.7
South Carolina
103.1
.106.5
104.7
38.8
38.7
37-7
Georgia
91.2
63.0
If 93.3
91.7
l/ 64.1
•Florida
295.5
292.4
144.3
278.4
139.4
E. South Central
631.4
I/634.O
628.2
351.2
r/34o .6
Kentucky
252.1
262.9
259.7
"9^2
95.7
Tennessee
162.4
166.9
140.6
161.8
140.3
131.3
Alabama
160.8
r/l51.8
91.7
147-3
1/82.1
75 -o
Mississippi
56.1
22.7
55.6
56.2
22.5
20.7
W. South Central
1,962.2
1,983.7
1,969.6
546.0
475.6
Arkansas
160.9
164.2
161.1 - % § 68.4
"751
Louisiana
107.7
51.0
109.5
110.3
51.0
46.9
Oklahoma
400.2
408.8
150.4
391.0
148.9
133.7
Texas
1,293.4
1,301.2
270.0
1,307.2
267.8
226.6
Mountain
708.5
726.2
387.1
683.9
344.1
Montana
195.
116.4
199.8
199.4
106.2
- m Idaho
29.1
29.4
17.6
28.7
17.7
17.4
Wyoming
112.5
117.6
110.9
57.4
57.0
52.5
Colorado
243.5
248.2
220.1
111.9
111.8
92.1
New Mexico
91.2
89.4
93-8
39.4
39.3
33-8
Arizona
5.8
6.0
4.7
4.3
3.9
Utah
28.1
36j
28.9
28.5
36.2
34.4
Nevada
2.4
2.2
2.5
3.8
3.8
Pacific
163.3
165.8
164.5
145:9
146.3
134.2
5
Washington
51.6
51.7
45.2
51.2
45.3
43.8
Oregon *
25.1
19.1
25-9
30.6
20.0
19.1
California
52.7
54.9
53 «6
53-9
53-6
50.0
Alaska
33.9
29.1
27.7
33.3
20.4
28.3
Virgin Islands
7.0
6.9
12.5
7.9
12.5
9.1
£/ Revised.