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J.l

T
Class of Lank
and
Federal Reserve District

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

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS, SECOND HALF OF JUNE 1956
July 20, 1956
(Averages of daily figures!/. In millions of dollars)
Demand
Gross demand deposits
Borrowings
Net demand
Time
balances due Reserves with F. R. Banks at Federal
deposits
2/
deposits
from
domestic
Total
Interbank
Reserve
Other
Total
Requiredj Excess
116.011
12.548
101.485
99.857
41,10"?
6.276
19.047
18.472
576
755
23,957
6,176

4,106
1,187

19,851
4,989

21,100

2,253
1,083
2,976
5,753
2,735
2,914
5,473
2,485
1,164
3,398
3,571
11,585

6.036
323
36
459
529
375
584
523
621
279
809
822
676

19.155
1,931
1,047
2,517
5,224

38.381

2,330
4,949
1,864
885
2,590
2,749
10,909

2,388

2,360

5,407

2,000
941
2,503
4,997
2,330

4,693
2,084
930
2,752
2,770
9,993

3,434

70
107

4,400
1,155

4,392
1,147

8
8

61
105

16.688
231
497
351
1,994
604
538
2,617
428
207
469

2.074
28
33
109
183
123
190
236
117
52
287
424
293

7.814
372
195
470
1,009
458
466
986
402
176
533
546
2,202

7.741
371
194
468
999
450
457
976
397
178
519
537
2,198

71

414
9
7
82
28
8
46
64
8
56
39
37
30

1,306

766

7,987

2
10
8 10
10
5
- 2
14
9
4

Country banks
40,509
1,219
39,289
34,970
4,025
19,877
5,678
488
5,190
175
Boston
3,456
124
3,001
3,332
212
1,197
420
451
31
12
New York
6,4oo
6,265
135
5,682
4,194
362
946
891
55
39
Philadelphia
2,728
20
2,708
2,379
1,985
252
419
385
34
19
Cleveland
3,239
27
3,213
2,847
2,150
292
501
449
52
12
Richmond
2,640
2,521
2,231
1,242
281
362
330
21
•'
33
Atlanta
3,744
263
3,480
3,158
1,111
446
434
473
16
Chicago
5,903
89
5,814
5,122
621
3,716
882
800
17
St. Louis
2,086
2,034
1,813
814
232
283
258
25
3
Minneapolis
1,675
1,610
65
1,465
950
167
243
223
11
19
Kansas City
2,764
111
2,653
642
2,323
361
311
395
50
14
Dallas
182
3,656
3,020
3,475
60 4
446
565
6
393
54
San Francisco
2,218
2,185
32
1,929
1,272
199
14
309
4
295
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 $ 6 9 , 6 1 0 million.
For numbered footnotes se<? next page.




!

J. la
DEPOSITS, RESERVES. AMD BORROWINGS OF MEMBER B A M S -- Continued
(Averages of daily figures. In millions of dollars)
Federal
Reserve
District

Demand deposits except interbank]
Time deposits
2nd half 1 1st half 1 2nd half
2nd half 1 1st half 1 2nd half
June 19561 June 19561 June 1955 June 19561 June 19561 June 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

26,145

25,989

25,051

12,407

12,352

11,886

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

2,849
4,730
1,540
1,994
1,606
2,620
3,822
1,023
820
1,127
2,015
1,844

2,784
4,505
1,506
1,889
1,553
2,492
3,647
978
797
1,113
2,010
1,777

959
2,802
905
1,200
642
754
2,513
444
409
314
441
1,025

960
2,780
903
1,198
639
752
2,504
444
4o8
313
439
1,013

956
2,683
863
1,141
622
724
2,379
436
403
292
381
1,007

1

Country banks in places with pc
Total
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

of less than 15,000

13,145

13,238

12,954

7,470

7,463

7,263

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

382
1,457
1,132
1,218
928
899
2,008
1,035
815
1,525
1,470
368

356
1,434
1,164
1,179
877
784
1,964
991
793
1,547
1,469
397

239
1,391
1,080
951
601
357
1,203
370
541
328
163
246

233
1,391
1,077
950
599
355
1,199
369
540
329
163
257

225
1,380
1,064
921
570
323
1,178
358
526
317
137
264

1/ 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.




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 asterlsk.)
Time depsoits
Demand depocits except interbank
2nd half
1st half
2nd half
2nd half
1st half
2nd half
June 1956 June 19561 June 1955 June 1956 June 1956 June 1955
of_less
than
15,000
popula bion
Country banks in places with
Total, incl.Alaska 13,144,580 13,237,7602,95^,27C 7 . ^ 6 1 0 " 7,"45372% 7,233,38a
7/4go,472 7,261,092
Total, all States 13,fl+2,00713,235,220 12,952*0lF TM6,ni'
__ 2557718' 238,129
New England
4177529
407,170
379,726
5#7217
»1,U0
"SOBS
Maine *
70,148
70,260
m
28,432
27,3U
New Hampshire
28,487
57,600
61,508
59,819
65/31
65,476
Vermont
65,485
60,927
57,127
61,947
45,0f6
45,270
50,608
Massachusetts
139,115
147,358
151,741
Rhode Island
1,782
1,735
1,777
716
724
773
Connecticut *
38,980
36,379
64,058
68,194
39,298
71,200
Middle Atlantic
2,846,801 2,828,447 2,835,648 2,701,799, 2,698,732 2,660,664
"951,819
New York *
945,136
l,019757r 17013,296 1,003,888
609,323
New Jersey*
6i5,i'!S
688,762
611,525
698,060
698,304
Pennsylvania *
1,128,923 1,117,091 1,142,998 1,145,138 1,141,764 1,116,594
2,009,191
2,052,083
E. North Central
2,999,865 3,010,514 _&9l4i700 2,055,771
Ohio
635,013
635,779^ 1 6 , 9 8 9
785,290
756,899
769,257
488,840
Indiana
242,132
233,339
242,749
469,433
482,099
516,470
Illinois
527,803
529,741
1,128,497 1,126,977 1,079,559
391,696
Michigan •*
394,279
348,136
359,228
346,954
395,752
Wisconsin
250,497
252,516
252,090
247,581
257,304
257,025
W. North Central
702,251
702,589
1,946,230 1,967,402 1,966,572
Minnesota
255,903 »
292,940 "2557703
302,708"
305,916
121,1C7
121,448
121,746
Iowa
336,455
328,988
335,340
106,643
Missouri
105,163
99,773
336,503
352,863
348,551
North Dakota
36,982
• 36,880
82,051
36,707
83,241
84,347
41,461
41,938
South Dakota
110,744
119,021
41,873
113,945
50,627
Nebraska
305,884
311,264
50,694
52,155
Kansas
79,430
466,034
78,810
75,731
475,704
463,727
South Atlantic
783,922
782,060 JJ9,_13.5_
1,398,759 1,421,083 1,302/ '
Delaware *
12,365
12,79;
12,330
167521"
"157533
16,571
Maryland
136,601
129,914
162,704
176,047
137,918
172,058
Virginia
290,642
306,002
360,732
308,552
346,935
356,385
West Virginia
180;091
89,324
93,644
94,115
192,717
190,235
North Carolina
5l,4oo
50,467
51,494
130,022
122,643
129,517
19,843
South Carolina
20,027
19,946
81,497
67,598
86,793
Georgia
108,112
33,077
106,172
35,836
99,236
35,767
113,048
124,086
Florida *
123,899
341,028
349,334
290,957
221,224_
E. South Central
600,380
6:6,893
238,238
624,510
239,359
Kentucky
~t%w
637969
247,278
253,037
257,395
Tennessee
93,406
100,970
168,421
165,090
100,555
159,487
Alabama
160,826
146,062
51,371
55,168
55,546
156,936
12,478
Mississippi
49,447
13,177
50,251
13,197
47,553
2
8
8
,
5
8
0
W. South Central
251,620
288,696
1,939,913 1,969,160 1,931,929
Arkansas
147,450
40,840
37,925"
407725
1447213
139,735
40,114
Louisiana *
147,506
49,580
119,605
49,936
144,137
Oklahoma
67,980
336,116
63,523
341,935
67,659
334,074
Texas
130,296 110,055
130,258
1,317,489 1,332,239 1,336,473
Mounbein
250,724_
256,241
255,424
715,576
703,85?
735,555
Montana
58,122
637030
192,522
197,954
192,627
63,175
Idaho *
17,970
40,697
17,827
17,901
36,390
36,899
Wyoming
28,321
98,674
31,238
98,640
31,504
99,965
Colorado
76,640
240,563
77,721
76,821
235,218
232,567
New Mexico
26,831
94,266,
19,.542
26,930
95,638
94,123
Arizona
5,108
.
1,754
1,904
1,911
5,963
5,965
Utah *
40,203
40,783
52,455
35,665
35,653
39,123
Nevada *
4,045
6,512,301
11,270
2,334
3,908
Pacific
284,810
195,065
196,270
264,648
185,78;
278,975
Washington
-G5:33r
78,007
45,894
45,703
71,273
69,238
Oregon *
20,490
43,202
47,090
42,606
19,710
19,582
164,500
California *
128,23s
120,313
152,804
130,857
159,713
Alaska
2,548
2,289
2,811
2,252)
2,839
2.573