The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM, July 6, 1956 DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS, FIRST HALF OF JUNE 1956 (Averages of daily figures!/. In millions of dollars) Demand Reserves with F. R. Banks Borrowings Gross demand deposits Class of bank; at Federal balances due Time Net demand and from domestic Total deposits 2/ deposits Required Excess Reserve Total I Interbank Other Federal Reserve District banks Banks 6,148 18,819 18,246 573 41,061 782 114,338 12,350 101,98& 98,717 All member banks Central reserve city banks: 18 4,289 64 4,307 20,602 30 3,378 19,389 New York 3,989 23,379 -1 1,112 1,113 102 1,296 125 4,788 1,167 Chicago 5,239 5,955 86 1,914 453 16,572 Reserve city banks 44,555 5.971 38,584 37,999 ^'361 15 231 25 Boston 1,941 304 1,873 2,177 New York 944 493 33 5 1,039 I,077 37 2 111 102 456 2,428 Philadelphia 2,416 353 2,850 434 ' # 10 40 981 167 992 4,898 1,992 Cleveland 5,067 533 5,599 as 10' 442 600 451 2,286 Richmond 2,300 2,679 379 10 468 458 5S 43 Atlanta 2,318 2,395 2,897 579 235 6 2,610 983 54 243 989 Chicago 4,736 540 4,959 5,499 4 11 396 392 427 St. Louis 2,059 632 1,817 2,449 181 44 178 20 6 3 930 Minneapolis 1,154 297 857 18 510 50 528 464 259 Kansas City 2,707 2,506 3,291 785 42 542 342 768 9 2,746 Dallas 3,4l6 2,657 758 5P 10 2,182 31 2,192 285 7,894 San Francisco 9,928 694 II,467 10,773 5,646 5,176 470 174 4,067 19,815 34,878 Country banks 40,450 1,223 39,227 24 30 435 194 1,193 Boston 2,926 12T 3,231 3,355 882 364 37 57 4,172 939 5,609 New York 6,187 6,322 135 20 382 31 413 244 1,980 Philadelphia 2,358 20 2,672 2,692 8 496 449 47 2,148 296 2,849 Cleveland 26 3,213 3,239 40' 16/ 330 370 291 1,238 2,236 Richmond 2,654 119 2,535 12 438 473 1,107 453 Atlanta 3,190 3,518 272 3,790 880 15 640 799 3,703 Chicago 5,118 5,830 89 5,919 26 285 3 259 252 813 1,820 St. Louis 2,058 2,111 224 23 186 247 9 947 1,471 § Minneapolis 1,634 1,704 14 46 311 357 643 387 2,328 Kansas City 112 2,652 2,764 6 44 438 394 602 550 Dallas 172 3,485 3,035 3,657 4 296 17 312 210 1,270 San Francisco 2,212 1,937 2,244 31 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 $88,920 million. For numbered footnotes see next page. Tor II J.la DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BAMS — Continued (Averages of daily figures. In millions of dollars) Federal Reserve District Demand deposits except interbankj Time deposits 1st half 2nd half 1st half | 1st half 2nd half 1st half June 1956 May 1956 June 1955 June 1956 May 1956 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 25.989 25,847 24,944 1 12,352 12,321 11,857 2,849 4,730 1,540 1,994 1,606 2,620 3,822 1,023 820 1,127 2,015 1,844 2,843 4,691 1,545 2,008 1,592 2,6l4 3,785 1,011 798 1,118 2,026 1,815 2,701 4,546 1,455 1,857 1,542 2,511 3,639 985 801 1,112 2,001 1,794 960 2,780 903 1,198 639 752 2,504 444 408 313 439 1,013 960 2,781 901 1,194 637 748 2,492 443 407 312 438 1,009 953 2,683 862 1,138 621 722 2,371 435 403 291 383 994 13,238 Boston New York Philadelphia Cleveland R ichmond Atlanta Chicago St. Louis Minneapolis Kansas City Dal 1^:3 San Brancisco 382 1,457 1,132 1,218 928 899 2,008 1,035 815 1,525 1,470 368 1 Total £ Country banks in places with population of less than . 15,000 13,173 7,463 7,438 7,244 374 1,433 1,119 1,205 916 891 1,986 1,021 794 1,514 1,458 358 358 1,449 1,167 1,194 896 808 1,997 1,010 813 1,577 1,495 4o3 233 1,391 1,077 950 599 355 1,199 369 540 329 163 257 232 1,385 1,078 948 597 353 1,196 368 538 328 162 255 225 1,367 1,062 920 568 322 1,176 357 525 316 137 269 1/ Includes any banks in outlying sections of reserve cities which have been given permission to carry the same reserves as country banks. Foov:Oves for preceding page (J.l): l/ Averages of daily closing figures for reserves and borrowings and of daily opening figures for other colums, 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. AMD BORRnWTNGS OF MEMBER BANKS -- Continued (Averages of daily figures; in thousands of dollars. Comparaoility 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 j 1st half 1st half 2nd half 1st half May 1956 June 1955 June 1956 May 1956 1 June 1955 June 1956 Country banks in iHt.h r population of less than 15,000 — *>-u" • _ — - r r ,W/«- ^^'1% 4 E iV. , ' r ,06 v oJTq HI I ^ 8 1 7 3,3 8 ^ 4Min 9 7,gjt3gpL Total, incl.Alaska 11.237.768 13rObp>31 13,172,905 Total, all States 13,235,220 13,066,353 131170,704 1^460^72.7%435,66l_J^2g685_ 237762^ 2#/7l8 "255:724 407.170 398,341 380,365 New England 66,733 66,530 62,173 62,321 Maine * 67,965 70,148 28,432 28,293 27,168 58,406 New Hampshire 57,623 59,819 65,476 65,179 65,336 Vermont 58,700 56,535 60,927 45,270 45,129 44,983 138,966 147,198 Massachusetts 147,358 1,777 1,779 1,727 722 722 Rhode Island 724 63,415 66,133 Connecticut * 68,194 - 38 ' 980 2.6^:7# Middle Atlantic 2.828.447 2,789.147 2,855,341 941,819 9357903 929,296 1,014 ~ New York * 99b,6I+5 1,014,819 1,013,296 615,149 616,672 608,133 694,125 686,484 New Jersey 698,060 1,141,764 1,138,081 1,116,357 1,146,397 1,106,018 Pennsylvania * 1,117,091 3,010.514 2,970.479 2,954,690 2,052.083 2;046.302 2,005,770 E. North Central 766,713 Ohio 635,779 634,265 "TiSTzZT 779,957 789,257 232,684 242,132 241,317 489,011 478,333 Indiana 488,840 514,802 527,803 526,267 Illinois 1,126,977 1,103,070 1,091,004 391,198 364,703 346,211 Michigan * 394,279 393,096 348,136 250,825 251,357 251,937 252,230 Wisconsin 252,090 257,304 686,071. 702.251. 700,712 W. North Central 1,967.402 1,944,275 2,009,611 299,136 265,903 "265,496~ 260,032 293,244 Minnesota 305,916 120,939 121,448 121,632 346,131 Iowa 332,926 335,340 99,482 106,643 105,678 341,994 348,817 Missouri 352,863 36,649 36,821 36,880 84,139 82,989 North Dakota 84,347 41,501 41,901 41,873 122,354 South Dakota 113,734 113,945 52,074 50,610 50,694 331,921 Nebraska 311,264 311,125 75,398 78,572 78,810 461,440 483,936 Kansas 463,727 737>679. 782,060 779,044 1,421,083 1,404,207 1,335,665 South Atlantic 12,734 12,291 12,330 16,170 18,957 Delaware * 16,521 129,414 135,925 136,601 165,708 176,047 Maryland 173,729 290,Cb7 308,002 306,868 355,381 Virginia 354,779 360,732 89,249 93,859 94,115 183,340 190,067 West Virginia 192,717 50,314 51,470 51,400 125,826 130,022 130,776 North Carolina 19,590 19,936 83,436 19,946 85,702 South Carolina 87,598 32,989 35,483 106,860 102,170 35,767 Georgia 108,112 113,322 300,847 123,899 123,212 346,124 Florida * 349,334 220,766_ 620,250 238,238. 236,634 632,582 E. South Central 636,893 68,709 ~~S376BT 69,318 256,155 255,887 Kentucky 257,395 93,012 99,914 164,208 100,555 166,491 168,421 Tennessee 51,538 54,820 150,483 55,168 160,003 160,826 Alabama 12,5^4 13,191 49,404 13,197 50,201 Mississippi 50,251 250.960 288.696 286,430 W. South Central 1,969,160 1,946,936 1.965,809 40,529 ""37793^ 40,840 146,223 143,551 147,480 Arkansas 49,016 122,430 49,580 147,028 Louisiana * 147,506 63^286 67,605 339,480 67,980 332,957 Oklahoma 341,935 109,941 130,296 129,280 Texas 1,332,239 1,320,728 1,360,348 250,365.. 255.424 . 254,735 753,933 Mountain 715,57.6. 709,980 57,939 62,810 63,030 199,195 193,732 Montana 197,954 17,943 17,865 40,886 36,048 17,827 Idaho * 36,390 28,383 31,140 101,627 31,238 99,667 Wyoming 99,965 77/55 76,507 246,296 76,640 235,855 Colorado 235,218 19,498 26,673 96,302 26,831 95,293 New Mexico 95,838 1,742 1,885 4,838 1,904 6,134 Arizona 5,963 40,659 35,572 54,164 39,263 35,653 Utah * 40,203 6,546 2,283 10,625 2,301 3,988 Nevada * 4,045 295,040 196.270„ 194,426 270,406 Pacific 278,975 £B,l69 81,678 45,703 69,887 Washington * 71,273 20,588 19,076 48,350 19,710 41,881 43,202 Oregon * 131,9% 165,012 130,857 130,181 158,638 164,500 California * 2.125 2.786 2.811 2,201 2,578 2,548 Alaska
@FedFRASER