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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
Country 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 FEBRUARY 1956
March 23, 1956.
(Average of dally figures!/» In millions of dollars)
Demand
Gross demand deposits
Net demand
Time
balances due Reserves with F. R. Banks
deposits 2/
deposits from domestic
Total Interbank Other
Total Required Excess
banks
113,781 12,3m
101,433
90,463
40.419
10,673 16.157
516
22,716
6,087

3,994
1,143

18,722
4,944

20,104
5,339

3,210
1,301

44,672
2,201
1,098
2,938
5,555
2,645
2,905
5,503
2,471
1,118

5,956
299
38
451
532
378
587
537
642
277
771
772
672

38,715
1,902
1,060
2,487
5,022
2,267

38,089
1,953
957
2,484
4,843
2,263
2,390
4,712
2,099
925
2,736
2,768
9,958

16,383
237
483
338
1,975
589
518
2,564
419
208
461
768

i #
11,396

4^966
1,829
841
2,583
2,716
10,724

7,822

%
1,966
25
34
116
173
105
183
239
108
40
282
364
297

4,190
1,135

4,l8i
1,133

7,743
' 364
197
467
977
44l
464
987
402
177
528
543
2,194

7,675
363
196
464
971
437
456
976
399
177
515
537
2,184

68
1
1
2
7
4
8
11
3

13
7
11

40,306
1,255
39,051
34,931
5,604
3,945
5,168
436
121
3,
,325
2,900
37205"
193
423
407
•15
6,161
130
6,032
5,482
4,135
916
353
865
51
22
2,709
2,687
1,944
244
2,377
417
383
34
3,184
26
2,809
2,122
286
3,158
48
491
443
2,679
2,544
2,267
135
288
1,214
366
333
33
286
3,765
1,081
3,479
3,171
468
456
435
33
5,915
92
5,823
606
3,639
801
5,155
878
78
2,104
51
801
1,836
2,053
232
282
260
21
1,696
67
1,629
1,489
168
943
226
243
17
110
2,794
2,684
2,380
633
42
371
359
317
184
3,780
3,141
568
3,596
562
405
455
49
2,195
32
2,163
1,923
1,257
308
187
294
15
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 $89,250 million.
For numbered footnotes see next page.




(.

J.la

DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS — Continued
(Averages of daily figures. In millions of dollars)

Federal
Reserve
District

Time deposits
Demand deposits except interbank
2nd half-I 1st half
2nd half
2nd half
1st half
2nd half
Feb. 19561 Feb. 19561 Feb. 1955 Feb. 1956 Feb. 19561 Feb. 1955

i

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

25.698

25.601

24.850

12.152

12.112

11.724

2,833
4,580
1,552
1,938
1,604
2,608
3,805
1,012
801
1,117
2,06l
1,789

2,812
4.526
1.527
1,911
1,613
2,613
3,794
1,020
810
1,108
2,052
1,814

2,741
4,479
1,484
1,824
1,548
2,474
3,600
980
801
1,107
2,044
1,768

958
= «

956
2,738
881
1,175
623
735
2,451
437
4o6

953
2,675
847
1,117
613
697
2,324
431
402
287
385
994

»

1,177
623
739
2,460
438
407
308
4l4
998

&
994

I#

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

13.353

13,523

13,140

7,374

7,360

7,124

371
1,452
1,135
1,220
941
871
2,018
1,041
827
1,568
1,535
374

378
1,469
1,135
1,225
956
880
2,025
1,059
843
1,606
1,564
382

350
1,394
1,140
1,165
907
7 89
1,972
1,016
824
1,607
1,565
410

230
1,389
1,060
945
591
342
1,179
363
536
325
154
259

229
1,385
1,059
944
589
341
1,178
363
537
326
154
256

223
1,321
1,048
912
561
311
1,162
353
522
312
133
265

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.




1

J.lb
DEPOSITS, RESERVES, AMD BORROWINGS OF MEMBER BANKS -- Continued
(Averaged 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.)
Demand deposits except interbank
Time deposits
2nd half 1st half 2nd half 2nd half 1st half 2nd half
Feb. 19561 Feb. 19561 Feb. 1955 Feb. 1956 Feb. 19561 Feb. 195^
Country banks in places with a population of less than 15,000
Total, incl.Alaska 11.152.818 13,522,727 13,139,751 7.374.013 7,360,035 7,123,W4
Total, all States 13.VjO.U6U 11.520.289 13.137.7lT 7.371.107 7,357,329 7,121,600"
New England
19^266
402.228
374,073
241,841
2^3,206 237,572
Maine *
62,011
63,244
65,328
55,098
62,331
65,371
New Hampshire
28,022
27,031
62,626
56,962
59,448
28,091
Vermont
65,025
65,123
54,830
56,581
57,724
65,384
Massachusetts
44,964
44,712
143,483
151,869
150,539
45,019
Rhode Island
1,695
1,789
718
702
727
1,791
Connecticut *
66,038
62,982
37,980
37,098
65,665
38,185
Middle Atlantic
2,676,972 2,592,418
2,827,130 2,839,946 2,767,989 2,683
New York *
« •
942,34]
938,451 890,246
1,003,705 1,018,075
973,119
New Jersey
612,314 595,390
703,234
709,267
674,579
613,129
Pennsylvania *
1,120,191 1,112,604 1,120,291 1,128,294 1,126,207 1,106,782
E. North Central
3,001,366 3,016,844 2,881,458 2,021,332 2,019,668 1,983,130
Ohio
782,200
627,874 608,493
787,423
734,253
626,831
Indiana
468,405
238,454 230,880
495,886
495,467
239,739
Illinois
518,320 505,641
1,098,350 1,107,483 1,063,412
518,269
Michigan *
366,264
385,247 385,931
363,247
364,096
385,075
Wisconsin
260,207
260,834
252,141
249,773 252,185
249,418
W. North Central
2,020,414 2,063,371 2,056,436
697,852 679,753
696.186
Minnesota
301,884
265,367 258,732
289,781
299.442
264,721
Iowa
121,539 120,531
345,474
355,552
343,731
121,192
Missouri
103,726
96,897
363,322
.347,625
356.443
103,635
North Dakota
36,800
68,508
87,066
36,653
85,803
36,695
South Dakota
41,316
125,218
42,619
127,500
121,502
42,601
Nebraska
52,250
51,269
337,018
347,117
329,976
51,161
Kansas
73,227
501,947
76,679
483,517
501,795
76,181
South Atlantic
764,594 722,574
1,402,106 1,419,644 1,322,1861
766,052
Delaware *
12,764
18,569
16,706
17,506
12,159
Maryland
160,428
172,324
171,166
135,267
135,315
Virginia
302,352
356,079
376,337
370,309
303,861
West Virginia
186,171
91,258
184,241
179,363
91,743
North Carolina
50,869
143,554
133,695
139,704
50,88l
South Carolina
20,058
95,980
93,874
93,442
19,995
Georgia *
110,436
108,526
102,775
35,089
35,099
Florida
318,012
317,334
277,403
116,937 , 5 $
116,999
E. South Central
673,884
644,4211
659,855
231,698
230,701 218,15.$,
Kentucky
~
275,011
•6,316
275,413
K o
O T T
m T T
Tennessee
167,664
166,348
169,786
92>ti6S
98,581
97,574
Alabama
163,188
50,454
167,397
53,741
151,577
53,976
Mississippi
53,986
54,764
51,083
13,070
12,454
13,053
W. South Central
2,031,653 2,070,342 2,027,057
276,744
276,449 243,732
Arkansas
i>i,u84
40,518
40,477
143,598
v&m
36,596
Louisiana *
147,792
46,468
124,220
46,142
149,344
38,175
Oklahoma
337,634
66,077
66,804
344,162
61,734
332,657
Texas
1,395,143 1,420,569 1,426,582
123,681
123,026 107,227
Mountain
732,699
253,260
748,921
[66/734
252,777 2U8J01
Montana
%U4,54y
61,554
608:151
210,571
"1,312 1 W
Idaho
41,828
18,884
43,902
43,304
18,962
18,025
Wyoming
101,230
31,108
102,738
31,088
103,330
28,499
Colorado
237,199
239,285
77,201
245,387
76,629
77,279
New Mexico
98,139
101,208
25,192
99,522
24,929
19,134
Arizona
6,038
6,298
4,476
1,924
1,905
1,782
Utah *
39,927
40,765
52,256
35,096
35,027
40,475
Nevada *
3,796
10,900
3,562
2,301
6,670
2,275
Pacific
279,975
285,109
297.362
198,427
195,110 195,977
Washington *
75,667
48,058
74,497
46,034
79,779
C33f
Oregon *
43,638
44,551
50,614
19,880
20,438
19,566
California *
161,270
166,061
166,969
130,489
129,505
Alaska
2,438 ,,,2,035
2.154
1,996
2,7#




iifi