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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS, FIRST HALF OF FEBRUARY 1957 (Averages of daily figures l/. in millions of dollars) Class of bank and Federal Reserve District All member banks Central reserve city banks: New York Chicago Gross demand deposits Total Interbank Other Net demand deposits 2/ Time deposits March 7, 1957 Demand balances due Reserves with F. R. Banks from domestic Total Required Excess 114*678 12,563 102,114 ,950 42,843 6,179 18,851 18,334 23,050 5,883 4,063 1,125 18,987 4,758 20,164 5,193 3,443 63 102 4,205 1,103 4,205 1,104 Reserve city banks Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco 44,686 2,215 1,103 2,900 5,608 2,691 2,852 6,066 300 38,620 1,916 27 32 99 7,811 7,737 369 200 468 200 11,500 664 10,836 Country banks Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco 41,059 3,383 6,321 2,712 3,203 2,723 3,976 5,949 2,158 1,724 2,800 3,836 2.274 1,309 127 136 39,749 3,2 5,492 2,452 1,130 3,290 3,452 1,915 400 1,063 2,458 5,100 2,292 514 2,224 4,978 40 441 508 628 686 298 780 806 20 1,766 832 2,510 2,646 J2W 6,186 2,693 3,178 38,154 1,982" 964 2,483 4,930 2,305 2,324 4,729 2,069 928 2,691 2,738 10,010 35,439 2.974 5,594 2,385 2,833 2,295 3,316 5,184 1,314 17,377 204 521 368 2,092 609 588 2,767 438 217 504 770 8,300 20,709 1,191 4,367 2,058 2,172 1,267 166 114 184 226 112 40 277 363 276 182 368 1,002 451 455 999 398 526 538 2,227 5,731 432~ 943 417 493 377 497 3W 465 992 445 448 990 394 178 510 531 2,217 5,288 " W 890 517 75 2 3 2 54 31 23 50 43 21 20 29 26 16 10 5 7 9 3 1 16 7 10 443 15 53 161 33 26 28 20 44 14 2,598 307 14 ^ 39^ 3,664 1,226 4 96 12 37 5,859 3,854 607 890 815 12 75 2,100 1,860 865 260 266 291 8 25 1,653 1,497 1,0.14 184 250 230 20 10 2,685 2,377 688 360 40 375 320 10 200 3,635 3,150 606 676 465 412 2 53 2.241 31 1.975 1.330 304 317 13 WW WU.JUO VCU \ U.S.U1CLUU. other than interbank and United States Government, less cash items reported as in process2 of collection) of all member banks estimated at $91,185 million. For numbered footnotes see next page. 25 125 312 90 57 71 115 243 278 -192 389 449 339 459 J. la DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS — (Averages of daily figures. Federal Reserve District Continued In millions of dollars) Demand deposits except interbank 1st half 2nd half 1st half Feb. 1957 Jan. 1957 Feb. 1956 1st half Feb. 1957 Time deposits 2nd half 1st half Jan. 1957 Feb.1956 Country banks in places with po pulation of 15,000 and over 1/ Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco 26,107 26,594 25,601 12,900 12,823 12,112 2,883 4,704 1,542 1,938 1,604 2,720 3,806 1,006 809 1,111 2,080 1,905 2,988 4,797 1,568 1,964 1,621 2,767 3,846 1,043 822 1,137 2,123 1,919 2,812 960 2,906 943 1,191 635 831 958 2,892 939 956 2,738 881 1,175 623 735 2,451 437 4,526 1,527 1,911 1,613 2,613 3,794 1,020 810 1,108 2,052 1,814 , 2,607 462 442 332 493 1,097 1,187 628 822 2,589 459 439 33° 487 1,093 4o6 305 4ll 994 Country banks in places with po;Dulation of less than 15,000 Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco 13,643 13,764 13,523 7,809 7,761 7,360 372 1,482 1,151 1,240 994 943 2,053 1,095 844 1,574 1,555 338 382 378 1,469 1,135 1,225 231 1,461 1,115 981 632 396 1,247 403 572 356 230 1,454 1,109 977 628 393 1,242 400 568 352 178 231 229 1,385 1,059 944 589 341 1,178 363 537 326 154 1,478 1,168 1,257 998 956 880 2,066 1,104 855 1,592 1,606 344 1,564 382 1,568 2,025 1,059 843 183 233 256 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. 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 asterisk.) Time deposits Demand deposits except interbank! 1st half 2nd half" 1st half I 1st half 2nd half 1st half Feb. 19571 Jan. 19571 Feb. 1956[ Feb. 19371 Jan. 19571 Feb. 1956 Country banks in places with a population of less than 15,000 Total, incI.Alaska 13,642,519 13,763,5^8 13,522,727 7,808,931 7,7&1,462 7,360,035 Total, all States 13,639,335 13,760,337 1 3 , 5 2 0 , W 7,806,246 7,758,729 7,357,329 New England 243,206 244,590 398,039 408,746 402,220 245.448 Maine 68^464 65^328 63,244 62,225 -527655" 68,338 New Hampshire 28,022 62,626 64,076 28,035 62,276 28,242 Vermont 65,461 65,123 60,986 63,018 57,724 65,774 Massachusetts * 44,964 152,248 147,322 151,869 42,953 43,156 Rhode Island 681 1,789 1,787 790 1,808 727 Connecticut * 66,038 37,890 37,980 65,956 64,549 38,130 Middle Atlantic 2,879,626 2,896,479 2,839,946 2,814,582 2,801,495 2,676,972 New York * 996,862 938,451 1,042,736" 1,038,707 1,018,075 1,001,190 New Jersey 612,314 630,489 702,116 701,448 709,267 633,544 Pennsylvania 1,135,^42 1,155,656 1,112,604 1,179,848 1,174,144 1,126,207 E. North Central 3,075,811 3,100,699 3,016,844 2,131.636 2,124,964 2,019,668 Ohio 650,662 627,874 789,228 787,423 797,762 652,546 Indiana 238,454 253,634 495,467 497,431 ^95,777 255,065 Illinois 518,320 560,491 1,161,985 1,170,785 1,107,483 562,426 Michigan 404,984 366,264 385,247 362,974 367,725 406,542 Wisconsin 260,207 265,847 266,996 255,193 249,773 255,057 W. North Central 2,045,378 2,067,527 2,063,371 697,852 737,269 744,409 Minnesota 278,682 305,963 280,844 301,884 265,367 311,905 Iowa 336,160 123,122 124,029 345,474 339,524 121,539 Missouri 381,348 114,721 103,726 363,322 383,713 115,565 North Dakota 90,870 88,508 38,767 91,996 36,653 39,461 116,830 South Dakota 45,008 45,644 42,619 118,947 125,218 Nebraska 321,733 324,124 51,228 337,018 51,250 51,269 Kansas 489,474 85,719 497,318 76,679 501,947 87,638 South Atlantic 1,508,696 1,520,993 1,419,644 829,782 764,594 834,056 Delaware 16,820 16,852 12,859 12,764 17,508 12,962 Maryland 145,150 183,297 178,832 172,324 135,267 145,399 Virginia 321,243 400,433 302,352 395,532 376,337 323,893 West Virginia 198,476 186,171 96,912 91,258 198,221 97,666 North Carolina 50,869 145,025 52,805 142,914 143,554 52,905 South Carolina * 20,058 22,998 94,617 93,201 22,869 95' % Georgia 42,388 110,436 108,316 119,123 35,089 39,178 Florida * 135,427 116,937 367,635 317,334 370,395 139,184 E. South Central 683,980 673,884 259.146 230,701 677.824 261.127 Kentucky 66,316 290,566 281,937 74,371 6,097 75,956 Tennessee 108,185 169,786 173,900 171,075 97,574 109,109 Alabama 166,588 62,233 167,397 53,741 167,658 63,509 Mississippi 54,764 52,926 13,070 14,357 52,994 14,553 W. South Central 320,489 276,449 ,076,863 2,070,342 .062.901 327,916 Arkansas 46,346 156,267 40,477 159,043 46,987 Louisiana 46,142 161,045 149,344 162,668 55,831 56,517 Oklahoma 66,8o4 344,162 341,835 76,584 339,530 77,902 Texas 141,728 123,026 1,414,940 1,420,569 1,403,932 146,510 Mountain 260,926 748,921 739,145 252,777 263.284 729,733 Montana 70,125 209,629 61,312 210,571 205,741 70,782 Idaho * 18,962 43,902 17,919 36,959 36,939 18,379 Wyoming 31,088 104,138 103,330 34,590 102,877 35,162 Colorado 240,674 239,285 79,845 77,279 238,428 80,064 New Mexico 28,124 101,208 110,292 109,040 24,929 28,383 Arizona 6,298 4,388 1,905 4,493 3,633 3,659 Utah * 28,604 40,765 24,353 35,027 29,099 24,506 Nevada 3,562 3,861 2,275 3,716 2,337 2,349 Pacific 180,068 285,109 261,327 265,905 181.788 195,110 Washington * 65,501 66,247 44,879 74,497 45,338 45,076 Oregon 44,130 44,551 19,566 43,950 18,973 19,651 California * 166,061 116,216 151,876 130,206 155,528 117,061 Alaska 3,184 3,211 2,438 2,706 2,733 2,685