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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS, FIRST HALF OF JANUARY 1956 Class of bank " and Federal Reserve District All-Member Banks Central reserve city banks: New York Chicago Gross demand deposits Total Interbank Other Net demand deposits 2/ Time deposits February g, 1956 Borrowings Demand Reserves with F. R. Banks balances due at Federal Reserve from domestic Total |Required Excess Banks banks 6,968 712 19,331 • 18,732 599 119,286 13,866 105,420 101,752 24,126 6,395 4,251 1,271 19,875 5,124 21,036 5,606 3,342 1.319 80 115 4,332 1,183 4,374 1,187 -42 -4 Reserve city banks Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco 46,879 2,333 1,145 3,036 5,664 2,797 3,002 5,644 2,690 1,224 3,505 3,756 12,083 6,865 339 48 488 571 435 699 573 774 324 877 983 752 40,014 1,993 1,096 2,548 5,093 2,361 2,304 5,071 1,916 900 2,628 2,773 11,331 39,463 2I061 999 2,563 4,917 2,375 2,411 4,768 2,232 992 2,818 2,935 10,393 16,396 236 480 340 1,964 588 518 2,581 417 207 462 764 7,84l 2,153 28 34 117 176 120 198 263 131 46 308 428 305 8.006 382 205 479 989 462 467 1,004 423 189 550 582 2,273 7,923 383 204 478 983 457 46o 987 423 189 530 566 2,263 83 Country banks Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco 41,886 3,551 6,312 2,833 3,287 2,786 3,901 6,025 2,223 1,773 2,907 3,965 2,323 1,479 lto 145 24 32 155 343 99 61 78 131 234 38 40,407 3,412 6,167 2,809 3,255 2,631 3,557 5,926 2,162 1,695 2,776 3,731 2,286 35,648 3,077 5,584 2,473 2,861 2,319 3,164 5,179 1,891 1,521 2,417 3,179 1,983 19,389 1,184 4,108 1,924 2,107 1,203 1,067 3,614 798 943 632 554 1,256 4,620 225 378 264 327 327 568 671 288 204 437 701 229 collection) of all member banks estimated a 0 $92,450 million. next page. numbered footnotes see Digitized forFor FRASER - 40,447 2 1 6 5 7 17 1 19 16 10 l6l 77 360 9 4 44 41 13 „ 34 96 4 10 37 33 35 114 562 5,809 5,247 14 26 428 454 20 65 941 875 11 41 434 393 8 62 510 449 10 45 338 383 44 19 433 477 10 802 897 95 28 267 3 295 230 27 ' 9 257 6 46 368 322 60 2 409 470 2 22 301 323 cash items reported as in process of J.la DEPOSITS, RESERVES. AMD BORROWINGS OF MEMBER BABKS -- Continued (Averages of daily figures. Federal Reserve District In millions of dollars) Time deposibs Demand depo•its except interbank 1st half 2nd half 1st half 1st half 2nd half 1st half Jan. 1956 Dec. 1955 Jan. 1955 Jan. 1956I Dec. 19551 Jan. 1955 Country banks in places with population of 15,000 and over l/ Total Boston New York Philadelphia Cleveland R-Lchmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco 26,590 26,434 25,359 3,013 4,673 1,634 3,020 4,641 2,804 4,537 1,513 1,849 2,000 1,652 2,678 3,684 1,074 843 1,141 2,118 1,880 1,665 2,014 1,658 2,583 3,884 1,052 843 1,132 2,106 1,836 1,604 2,486 3,667 1,033 832 1,131 2,073 1,830 12.054 955 2,723 875 1,168 618 732 2,435 437 407 306 403 997 11,978 11,668 950 948 2,668 845 1,105 610 698 2,312 430 4oi 286 380 986 2,710 868 1,156 616 719 2,420 436 406 304 402 993 Country banks in places with pc)pulation of less than 15,000 Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco 13,817 398 1,494 1,175 1,255 980 880 2,042 1,088 853 1,635 1,612 405 13,724 13,519 7,335 7,295 7.091 399 366 1,410 1,173 1,206 944 793 2,013 1,058 846 1,674 1,605 432 229 1,385 1,050 227 1,382 1,041 223 1,317 1,043 913, 557 306 1,161 346 522 310 130 264 1,489 1,170 1,254 982 658 2,034 1,080 841 l,6ll 1,593 412 939 586 336 1,179 361 536 326 151 259 935 583 332 1,171 358 534 325 148 259 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. 7s ; > J.lb DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS -- Continued (Averages of daily figuresj 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 1st half 1st half 2nd half! 1st half Jan. 1956I Dec. 19551 Jan. 1955 Jan. 1956 Dec. 1955 Jan. 1955 Country banks in places with a Total, incI.Alaska 13,817,270 13,724,165 13,519,305 34.784 7.29^.968 7.090,755 Total, all States 11.814.8]2 13,721 New England 423.470 423.747 390,k55 Maine * 62,074 64,754 57,086 66,649 65,752 65,255 New Hampshire 26,962 27,560 60,146 65,787 27,847 65,557 Vermont 65,102 64,376 60,610 59,015 61,741 64,955 Massachusetts 44,817 44,572 149,263 163,505 45,063 160,503 Rhode Island 1,673 1,759 805 839 1,764 773 Connecticut * 36,527 64,140 37,407 67,254 68,247 37,698 Middle Atlantic ' ,210 ~ 143 _____ ,02' New York * ^9oT 945,290 984,846 942,518" 1,033,608 1,026,163 New Jersey 592,077 685,140 599,573 728,450 727,862 607,175 Pennsylvania * 1,150,556 1,148,894 1,160,672 1,115,089 1,106,347 1,108,160 E. North Central 3.053.370 3.049.990 2.944.279 2.018.845 2,008,613 1,973,786 Ohio 604,524 624,998 804,859 626,588 753,940 802,729 Indiana 226,671 480,412 236,557 500,358 238,013 502,137 Illinois 503,736 513,530 1,121,034 1,117,650 1,096,762 518,070 Michigan * 385,128 382,098 360,706 359,817 383,622 362,209 Wisconsin 251,430 253,727 266,417 253,348 265,262 252,552 W. North Central 694,045 678,539 696.235 2.092.284 2.056.346 2.132,218 Minnesota 2o$,08j 258,548 298,400 304,365 265,359 309,255 Iova 121,068 121,375 362,994 345,288 347,901 121,599 Missouri 101,666 95,990 102,228 360,869 365,803 370,470 North- Dakota 36,840 36,813 89,813 87,878 36,718 92,455 South Dakota 40,942 42,067 130,564 126,260 127,511 42,307 Nebraska 52,450 51,558 359,332 338,974 340,452 51,642 Kansas 72,601 76,477 506,882 522,670 492,712 75,382 South Atlantic 714,219 755,574 1.441.690 1,429.736 1,354.272 759,35*? Delaware 12,857 18,780 18% 12,777 18,450 13,017 Maryland 125,174 134,539 163,987 171,056 169,456 135,348 Virginia 300,826 284,091 374,402 300,469 388,952 397,696 West Virginia 87,263 89,635 181,536 190,091 187,163 89,561 North Carolina 48,700 146,016 50,377 50,688 143,952 152,990 South Carolina 19,839 19,768 97,207 20,010 96,235 99,021 Georgia * 114,b06 33,372 106,897 34,729 114,002 34,955 Florida 101,326 114,520 267,409 295,256 311,656 115,307 E. South Central 215,434 226,996 %,630 691,412 229.944 700,555 Kentucky 62,252 2887652 %%T5#r 288,8 295,184 65,336 Tennessee 90,320 96,573 180,221 179,356 173,579 98,097 Alabama 50,461 168,820 52,962 154,671 169,847 53,473 Mississippi 12,401 12,913 50,698 54,351 13,038 55,303 W. South Central 238,500 164,890 .090,237 268.908 2.121.720 2,094,669 Arkansas 35,608 39,824 160,220 153,078 40,229 161,956 Louisiana * 41,708 37,944 136,424 126,745 42,313 140,675 . Oklahoma 61,060 65,014 347,881 350,299 354,244 65,655 Texas 103,868 118,344 1,464,845 1,447,726 1,462,533 120,711 Mountain 245,865 255,158 793,46b 770,992 764.568 252.455 Montana 60,067 56,439 213,390 209,392 211,106 60,536 Idaho 18,388 17,519 42,406 45,516 18,605 43,901 Wyoming 28,284 112,181 31,005 108,310 110,163 31,156 Colorado 76,341 78,089 249,770 242,907 242,612 78,092 New Mexico 19,163 24,429 102,289 102,503 102,966 25,026 Arizona 1,776 1,835 6,784 4,707 6,832 1,835 Utah * 39,840 37,692 54,742 52,493 43,282 34,960 Nevada * 6,503 3,633 6,411 10,657 3,706 2,245 Pacific 196^255 314,073 305.12Q 301,215 199,114 Washington * >5,649 84,864 45,756 77,211 46,245 78,295 Oregon 20,089 21,398 51,684 53,228 53,777 22,795 California # 128,165 130,517 170,776 177,525 173,057 130,074 Alaska 2,104 2,490 2,017 2.564 2.458 2,551 I £
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