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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