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J.l
Class of "bank
and
F.R. district

- - AwkA
1>vf
RESEARCH DEPART MTNT
BO>itu) OF GOVERNORS OF 1 FEDERAL RESERVE SYSTEM
DEPOSITS, RESERVES, AMD BORROWINGS OF MEMBER BANKS, SECOND HALF OF DECEMBER 19^9
o g ]g5g Jam; iry 19, I95O
(Averages of daily figures l/. In millions of dollars)
n-.Ddn.\l ; EycnvE bank
Gross demand deposits
Net
Demand
Time
demand
balances due
Interdeposits deposits from domestic
Required Excess
3/
bank
banks
2/
11,366
81,724 81,300
29,100
5,707
16,369 15,533
836
93,090

All member banks
Central reserve city banks;
41
4,470
16
17,863 19,854
1,715
4,454
New York
21,755
3,893
122
1,070
1,152
Chicago
1,124
4,382
2
1,151
5,506
4,987
6,286
1,787
11,629
191
29,928 30,629
6,095
35,332
5,403
Reserve city banks
2,028
4
Boston
268
34
1,760
1.845
190
342
345
181
New York
38
314
987
30
875
173
956
7
Philadelphia
362
217
389
2,352
1,990
2,073
383
79
5
Cleveland
480
1,482
163
4,271
15
772
3,791
3,793
757
Richmond
1.846
105
2,132
430
22
346
1,786
375
353
Atlanta
428
124
1,624
2,093
469
1,767
15
354
339
Chicago
46l
2,005
760
782
22
4,257
3,663
273
3,796
St. Louis
2,170
666
363
1,504
1,855
13
351
338
97
Minneapolis
1,062
180
169
889
172
271
791
57
3
Kansas City
800
2,936
267
476
451
2,136
2,405
25
3#
Dallas
424
668
2,745
417
295
459
2,077
2,239
35
8,300
San Francisco
256
1,617
5,271
1,592
583
25
7,717
7,379
Country banks
4,46l
14,686
30,497
627
946
3,834
25,831
29,551
3,757
Boston
186
3b0
319
4l~
1,056
2,552 T
90
2,462
2,222
New York
297
697
624
74
4,324
88
4,236
3,820
3,304
Philadelphia
226
376
323
53
2,294
17
2,277
1,997
1,675
Cleveland
281
398
336
63
2,433
21
2,411
2,088
l,f ~
Richmond
266
305
255
49
2,112
113
1,999
1,761
881
Atlanta
344
315
276
40
2,435
177
2,258
2,017
673
Chicago
529
645
548
97
4,118
71
4,047
3,505
2,542
St. Louis;
266
243
206
37
1,747
54
1,693
1,453
626
Minneapolis
189
220
189
31
1,484
69
1,415
1,263
750
Kansas City
376
290
243
48
2,288
66
2,222
1,891
316
Dallas
590
356
286
70
2,920
151
2,769
2,286
232
San Francisco
209
256
230
• 25
1,790
29
1,76I1 1,529
932
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 73,200million dollars.
For numbered footnotes see next page.




J. la
DEPOSITS, RESERVES, AM) BORROWINGS OF MEMBER BAMS - (Cont'd)
Federal
Reserve
district

(Averages of dally figures. In millions of dollars)
Time deposits
Demand deposits except interbank
2nd half
1st half
2nd half 2nd half 1st half 2nd half
Dec. 1949 Dec. 1949 Dec. 1948' Dec. 1949 Dec. 1949 Dec. 194C
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

17,332

17,195

r 16,884

8,679

8,671

8,680

2,115
3,153
1,339
1,389
1,139
1,592
2,364
680
636
591
1,098
1,235

2,092
3,126
1,299
1,379
1,134
1,586
2,358
681
640
578
1,070
1,251

1,946
3,043
1,293
1,356
1,154
1,580
2,277
r 657
620
580
1,069
1,310

828
2,167
796
895
406
456
1,588
342
301
106
158
636

828
2,159
793
895
4o6
456
1,584
341
300
106
157
643

845
2,182
799
886
.
391
465
1,576
335
299
104
149
651

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

12,219

12,280

r 12,380 *

6,007

6,000

6,009

347
1,083
938
1,022
860
6#
1,683
1,013
780
1,630
1,671
526

356
1,098
946
1,018
868
667
1,688
1,011
796
1,629
1,666
538

351
1,059
924
1,056
909
681
1,708
rl,032
811
1,679
1,619
551

227
1,137
879
804
476
216
954
285
449
210
74
297

228
1,133
877
803
475
216
953
285
449
210
74
296

230
1,145
884
812
471
214
958
278
454
206
64
294

r/ 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):
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/ Includes some interbank and U. S. Government time deposits; the amounts on call
~
report dates are shown in the Member Bank Call Report.




3Z/

•J. lb
DEPOSITS, RESERVES, AMD BORROWINGS OF MEMBER BANKS - (Cont'd)
(Averages of daily figures; in thousands of dollars. Comparability of
figures is affected somewhat by changes in Federal Reserve membership,
absolutions, etc., particularly in states designated by an asterisk.)
Demand deposits except interbank
Time deposits
2nd half 1st half 2nd half
2nd half 1st half 2nd half
Dec. 1949 Dec. 1949 Dec. 1948 Dec. 1949 Dec. 1949 Dec. 1948
Country banks in places with population of less than 15,000
Total, all States 12,218,936 12,280,271 r!2,380,044 6,007,078 5,999,764 6,009,003
New England
365,736
374,752
369,261
239,358
239,874 241,073
Maine
52,782
53,804
64,077
66,094
59,187
64,403
New Hampshire
71,955
74,291
26,385
26,516
73,586
27,516
Vermont
44,270
44,047
45,336
54,528
54,466
55,278
Massachusetts
133,053
134,143
127,600
50,827
52,546
50,983
Rhode Island
910
885
1,526
1,504
895
,1,515
Connecticut^
62,766
42,026
66,293
63,946
41,980
38,135
Middle Atlantic
2,270,430 2,291,811 2,245,268 2,251,853 2,246,270 2,266,857
New York
737,084
748,172
740,513
730,096
737,682 756,153
New Jersey
547,559
555,688
522,036
523,320
521,995 515,107
Pennsylvania
985,787
988,020
987,951
993,136
986,593 995,597
E. North Central 2,414,174 2,427,725 2,449,227 1,653,11b 1,652,410 1,663,767
Ohio
595,227
502,629
603,743
599,582
502,217 509,082
411,210
Indiana
428,242
414,493
179,548
179,108 178,588
Illinois
912,059
387,008
918,201
386,682 383,153
919,303
Michigan
305,522
303,600
359,454
305,393
359,817 360,051
Wisconsin
190,156
190,056
224,586 232,893
224,477
194,339
W. North Central 1,970,219 1,970,639 2,028,794
538,349
537,857 536,140
Minnesota
255,126
216,406
216,112 218,526
259,616
263,379
Iowa
313,928
90,654
312,674
93,034
321,551
90,513
Missouri
327,971
70,265
325,481
325,166
73,607
73,559
North Dakota
92,201
31,600
95,561
99,437
30,495
31,576
160,809
South Dakota
36,446
163,190
169,422
35,446
36,348
327,874
Nebraska
328,241
43,186
42,973
43,073
341,729
492,310
Kansas
46,663
508,110
46,676
45,188
485,876
South Atlantic
1,195, "" 1,201,827 1,235,570
581,038
580,769 580,109
16,944
Delaware
11,612
11,687
17,108
17,873
11,554
Maryland
152,578
118,251
118,216 119,860
153,380
150,430
325,868
Virginia
218,034
217,610 209,103
331,889
334,635
West Virginia
179,545
180,650
82,634
80,501
80,192
197,531
North Carolina
131,347
131,450
149,023
49,683
49,714
49,795
84,683
South Carolina
18,306
84,689
18,944
92,156
18,329
Georgia
94,755
29,048
28,396
94,546
28,323
99,156
210,268
Florida
208,115
194,766
56,458
56,495
59,171
E. South Central
639,713
165,045
165,090 159,678
691,286
633,534
280,288
Kentucky
46,886
302,480
269,847
46,930
47,391
Tennessee
64,085
170,995
181,613
172,154
67,983
67,798
136,167
Alabama
36,265
138,865
38,738
150,892
38,565
52,263
Mississippi
11,611
11,624
56,301
52,668
11,937
W. South Central 2,202,242 2,197,318 r2,161,683
155,446
155,119 141,967
181,435
Arkansas
31,100
30,056
31,301
184,971
182,732
Louisiana
27,800
27,264
84,904
83,889
84,849
27,857
Oklahoma
34,644
4io,061
419,961
409,931
37,773
37,928
Texas
58,446
50,003
1,526,987 1,519,676 1,471,847
58,360
Mountain
183,488 183,125
766,650
780,795
789,665
183.486
Montana
182,280
41,753
42,529
188,321
185,397
42,542
Idaho*
16,853
15,901
71,563
71,392
77,551
15,924
Wyoming
22,225
104,688
21,939
106,918
21,882
105,935
Colorado
48,887
49,256
234,217
242,035
237,513
48,962
New Mexico
12,269
12,885
114,206
115,052
113,701
12,938
Arizona
1,158
4,610
4,657
4,371
- 992
1,002
Utah
34,056
34,947
48,415
50,165
50,851
34,878
Nevada
5,408
5,555
8,473
7,452
7,347
5,358
Pacific
238,887 236,287
401,870
409,290
393,784
239,387
41,611
Washington
41,548
84,600
83,301
88,784
41,630
Oregon*
26,042
78,812
88,324
27,945
77,176
25,820
California
171,297 166,731
238,458
232,182
233,307
171,937
r/ Revised