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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS, SECOND HALF OF FEBRUARY 1957
(Averages of daily figures l/. In millions of dollars)

J.l

Class of bank
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

Gross demand deposits
Total

Interbank

Other

Net demand
deposits 2/

Time
deposits

March 21, 1957

Demand
balances due Reserves with F. R. Banks
from domestic
Total Required Excess

114,911

12,489

102,422

98,440

43,063

6,162

18,775

18,265

510

23,214
5,988

4,093
1,154

19,120
4,834

20,100
5,224

3,485
1,316

60
101

4,205
1,112

4,194
1,111

11
1

44.891
2,243
1,112
2,927
5,702
2,723
2,853
5,554
2,431
1,119
3,347
3,471
11,409

5.975
302
39
455
52°
389
608
518
649
288
764
790
646

38.916
1,941
1,073
2,472
5,172
2,335
2,245
5,036

17.879
1,984

17.442
209
523
371
2,102
613
593
2,771
440
218
506
769
8,326

25
34
110
175
119
188
231
ill
39
295
373
287

7.746
368
199
462
998
449
452
998
391
175
520
531

7.690
368
198
462
992
444
445

1,782

832
2,583
2,682
10,763

2,465
4,925
2,297
2,308
4,719
2,035
912
2,690
2,707
9,884

2,202

175
526
2,195

1
1
7
4
7
10
3
10

6

7
Country banks
4,014
20,820
40,818
1,266
5,712
5,269
443
35,236
39,552
Boston
414
"TT"
~IBT
1,192
123
-3T2553,309
2,957
" W
New York
890
940
6,200
4,385
372
50
130
6,330
5,588
Philadelphia
242
420
2,066
20
30
390
2,719
2,385
2,699
Cleveland
448
48
496
283
2,827
2,179
3,184
25
3,209
Richmond
296
1,270
367
32
2,265
2,690
335
125
2,565
Atlanta
48l
1,250
491
459
32
301
3,642
3,301
3,943
Chicago
616
82
3,868
813
5,160
89
5,856
5,945
St. Louis
242
870
265
1,843
25
2,123
2,069
55
Minneapolis
248
1,020
1,480
170
229
1,624
19
1,692
-69
Kansas City
366
360
42
694
318
108
2,66l
2,769
2,357
4o8
Dallas
685
580
465
3,118
56
191
3,780
3,590
302
178
11
1,341
San Francisco
2,230
2,198
1,954
32
313
NOTE!Demand deposits adjusted (demand deposits othe * than interbank and United States Government, less cash items reported as in process of
collection) of all member banks estimated at $ )0,140 million.
For numbered footnotes see next page.




•(-.1
DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS -- Continued
(Averages of daily figures.
Federal
Reserve
District

In millions of dollars)

Demand deposits except interbank
Time deposits
2nd half I1st half 2nd half
2nd half
1st half
2nd half
Feb. 19571 Feb. 19571 Feb. 1956 Feb. 19571Feb. 19571Feb. 1956
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

26,098

26,107

25,698

12.971

12,900

12;152

960
958
2,833
959
4,580
2,906
2,745
2,920
943
884
1,552
946
1,938
1,191
1,177
1,194
1,604
635
623
636
2,608
2,720
831
739
8U9
3,806
2,607
2,460
3,805
2,619
1,006
1,012
462
438
463
809
442
407
801
445
1,111
1,117
332
308
334
2,080
2,06l
493
414
501
1,868
1,905
1,789
1,097
998
1,106
Country banks in, .places with population of less than 15,000
2,889
4,734
1,558
1,955
1,592
2,707
3,809
993
797
1,118
2,076

2,883
4,704
1,542
1,938
1,604

Total

13,455

13,643

13,353

7.849

7,809

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

376
1,465
l,l4l
1,230
974
935
2,047
1,075
827
1,543
1,513
329

372
1,482
1,151
1,240
994
943
2,053

371
1,452
1,135
1,220
941
871
2,018
1,041
827

233
1,466
1,120
985
634
4oi
1,249
407
575
360
185
235

231
l,46l
1,115
981
632
396
1,247
403
572
356
183
233

1,574
1,555

338

1,568
1,535
374

7,374
230
1,389

1,060

945
591
342
1,179
536
325
154
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.




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 asterisk.)
Time deposits_
Demand deposits except interbank
2nd half
2nd half
1st half
2nd half
1st half
2nd half
Feb. 19571 Feb. 19571 Feb. 1956 Feb. 19571 Feb. 1957 Feb. 1956
Country banks in places with a population of less than 15,000
Total, incI.Alaska 11.454.614 11.642.519 13,352.8l3T~
7.849.373 7.808.931 7,374,013
Total, all States 13.4S1.496 13.639,335 13,350,46V 7.846.701 7,806,246 7,371,307
), r\r> a on
-30ft m o
QOS
oAA
243,841
245.448
New England
248.0'7'
402.031
398.039
395,266
Maine
68,338
65,371
68,176
62,331
62,225
61,496
28,091
28,242
New Hampshire
59,448
62,276
28,394
59,582
65,384
Vermont
65,774
60,986
65,901
56,581
58,683
Massachusetts*
45,019
43,156
45,417
147,322
150,539
156,671
Rhode Island
1,808
1,791
681
702
1,797
674
Connecticut*
38,185
38,130
38,392
65,665
64,549
64,925
Middle Atlantic
,850,342 2.879.626 2.827.130 2.825.199 2.814.582 2,683,767
New York*
942,344
1,001,190
1,032,042 1,042,736 1,003,705 1,010,213
New Jersey*
613,129
633,544
630,358
703,234
701,448
689,832
Pennsylvania
1,128,468 1,135,442 1,120,191 1,184,628 1,179,848 1,128,294
E. North Central
3.063.771 3.075.811 3.001.366 2.138.461 2.131.636 2.021.332
628,831
Ohio
652,546
782,200 655,085
784,008
789,228
Indiana
256,648
255,065
239,739
495,886
495,601
495,777
Illinois
564,684
562,426
518,269
1,154,750 1,161,985 1,098,350
Michigan
407,181
406,542
385,075
364,096
363,339
362,974
Wisconsin
254,863
266,073
260,834
265,847
W. North Central
750,291
2.005.845 2,045,378 2,020,414
264,721
280,844
Minnesota
299.442
308,96T
282,255
304,383
121,192
124,029
Iowa
336,160
343,731
124,390
331,908
103,635
Missouri
115,565
356.443
381,348
116,812
373,166
36,695
39,461
North Dakota
85,803
90,870
39,818
88,057
42,601
45,644
South Dakota
121,502
116,830
45,949
113,257
51,161
51,228
Nebraska
329,976
321,733
52,168
317,976
76,181
87,638
Kansas
489,474
483,517
88,899
477,098
766,052
834,056
.,402,106
South Atlantic
840.509
1.488.369 1,508,696
lt/fOg"
12,962
12,159
16,820
Delaware
13,044
16,571
135,315
145,399
171,166
Maryland
183,297
145,577
179,358
303,861
Virginia
323,893
370,309
395,532
325,665
387,258
91,743
West Virginia
184,241
97,666
198,221
98,052
195,301
50,881
North Carolina
52,905
142,914
139,704
52,820
138,548
22,869
19,995
South Carolina*
93,442
93,201
23,272
91,765
108,526
Georgia
39,178
35,099
108,316
105,934
39,572
Florida*
139,184
116,999
318,012
370,395
142,507
373,634
231,698
263,127
677,824
659,855
265,460
E. South Central
663.305
66,088
Kentucky
76,689
286,097
279,670
75,956
275,017
Tennessee
98,581
109,870
109,109
168,506
167,664
171,075
Alabama
64,316
53,976
163,126
163,188
167,658
63,509
Mississippi
14,585
13,053
52,003
14,553
52,994
53,986
W. South Central
276.744
2,009,064 2,062,901
330,764
327.916
.031.653
40,518
Arkansas
47,330
46,987
152,711
151,084
156,771
46,468
Louisiana
56,850
162,668
56,517
159,325
147,792
Oklahoma
66,077
329,644
78,927
77,902
337,634
339,530
Texas
147,657
1,367,384 1,403,932 1,395,143
146,510
123,681
264,614
253.260
263.284
Mountain
714,833
732.699
729,733
Montana
200,376
61,554
70,782
204,542
205,741
71,474
18,884
Idaho *
41,828
18,379
18,307
36,939
35,842
31,108
Wyoming
35,162
101,230
102,877
35,296
99,242
Colorado
80,064
77,201
238,428
80,358
238,484
237,199
New Mexico
25,192
28,383
109,040
104,328
28,597
98,139
Arizona
1,924
6,038
4,388
4,402
3,676
3,659
Utah *
24,506
28,604
35,096
24,535
39,927
28,521
Nevada
2,301
2,371
2,349
3,716
3,796
3,638
Pacific
198,427
183.326
181.788
261.327
253.936
279,975
Washington *
48,058
45,076
45,236
65,501
75,067
63,874
Oregon
19,880
43,638
20,282
19,651
43,950
43,428
California *
117,061
161,270
117,808
130,489
151,876
146,634
Alaska
3,184
2,685
2,706
2,354
2,672
3,138




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