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Class of bank
and
Federal Reserve District

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
DEPOSITS, RESERVES, AMD BORROWINGS OF MEMBER BANKS, FIRST HALF OF OCTOBER 1954
November 4, 1954
(Averages of daily figures l/. In millions of dollars)
Reserves with F. R. Banks Borrowings
Demand
Gross demand deposits
Net
at Federal
balances due
Time
demand
Reserve
from domestic Total Required Excess
deposits
Total
Interbank
Other
deposits 2/
Banks
banks
18.835
18.095
740
7.062
112,725
13.609
99.116
97,622
39,232

All Member Banks
Central reserve city banks:
New York
4,478
23,801
4,142
49
21,386
3,629
19,658
Chicago
1,282
6,181
1,172
119
4,865
1,315
5,554
7.664
6,814
2,109
Reserve city banks
15.489
43,701
36,887
37.721
Boston
222
2,254
29
378
332
1,922
2,053
New York
189
1,034
34
916
439
35
999
Philadelphia
111
2,400
429
475
2,876
476
2,507
Cleveland
183
1,916
958
4,764
5,341
576
4,727
Richmond
451"
119
2,672
2,213
578"
2,292 "
459
Atlanta
469
202
621
2,213
2,370
503
2,835
Chicago
2,488
263
605
4,624
5,228
957
4,555
St. Louis
421
134
1,819
2,191
774
397
2,593
Minneapolis
207
1,081
51
193
1,293
936
357
Kansas City
283
2,824
478
549
3,408
2,495
913
Dallas
4l8
611
2,620
2,894
962
555
3,583
San Francisco
282
2,055
7,234
9,882
10,585
704
9,310
4.786
5.521
18.831
Country banks
32.962
39.043
-.337
37,706
429
Boston
1,173
217
3,223
120
3,103
2,801
905
3,987
412
New York
5,896
128
5,768
5,184
4ll
1,909
281
2,639
21
2,619
2,282
Philadelphia
475^
2,029
319
Cleveland
2,993
27
2,966
2,598
1,17 V
365
371r
Richmond
2,621
146
2,475
2,136 z
426
984
460
Atlanta
3,330
259
3,071
2,754
846
Chicago
3,455
725
5,693
HO
5,583
4,835
281
776
306
St. Louis
2,086
62
2,024
1,741
248
913
242
Minneapolis
1,729
86
1,643
1,443
585
463
Kansas City
373
2,850
132
2,718
2,342
486
714
425
Dallas
3,641
209
3,432
2,866
1,364
281
332
San Francisco
2,342
39
2,304
1,978
NOTE: Demand deposits adjusted (demand deposits other than interbank and United States Government, less cash items
collection) of all member banks estimated at 85,250
million dollars.
For numbered footnotes see next page.




4,4.59
1,175
7,564
381
187
473

si452
944
414
204
532
552
2,037
4,897

20
-3
100
-3
2
3
12

j 10

17
13
7
3
17
3
18
624
34
83
41
62
, 56
47
93
33

821
369
413
315 "
380
753
248
219
63
310
368
3
306
reported as in process of

J.la

DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS —
(Averages of dally figures.

Federal
Reserve
District
Total
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
Total
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
1/

Continued

In millions of dollars)

Time deposits
Demand deposits except interbank
1st half
1st half
1st half 2nd half
1st half 2nd half
Oct. 1954 Sept. 1954 Oct. 1953 Oct. 1954 Sept. 1954 Oct. 1953
Country banks in places with po;pulatlon of 15,000 and over l/
24,421

23.964

23.278

11.674

11.604

10r854

2,648
946
944
945
2,646 .
4,098
2,475
2,652
1,481
852
871
854
1,105
1,045
1,774
1,769
1,111
610
562
1,507
1,517
618
660
2,271
583
2,175
691
3,416
2,297
2,137
3,513
2,303
941
427
958
398
429
788
373
777
395
398
212
910
1,083
280
279
1,831
361
1,928
313
364
1,939
1,029
1,741
1,719
1,798
1,029
939
Country banks in places with population of less than 15,000
2,730
4,352
1,460
1,784
1,560
2,328
3,577
985
807
1,101

2,674
4,285
1,438

13,286

13,016

12,924

7,157

7,136

6,728

373
l,4l6
1,159
1,183
915
743
2,006
1,039

371
1,380
1,145
1,173
884
715
1,972
1,016
814
1,594
1,459
492

369
1,287
1,136
1,195
913

228
1,335
1,055
918
552
293
1,152
348
515
305
123
335

226
1,329
1,052
919
551
290
1,148
347
514
304
122
335

225
1,231
1,014
889
517

836

1,618
1,493
. 506

693

1,958
1,038
808
1,588
1,430
509

257

1,082
323
482
279
103
326

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):
1/ 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, M P 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.)
Demand deposits except interbank
Time deposits
1st half 2nd half
1st half
1st half 2nd half
1st half
Oct. 19541 Sept. 19541 Oct. 19531 Oct. 19541 Sept. 1954 Oct. 1953
Country banks in places -with a population of less than 15,000
Total, incl.Alaska 13,285,748 13,016.059
7,157,284 7,136.247
Total, all States 13,283,685 13.014.116 12.923.644 7,155.063 7.134.058 6.728.164
New England
396.301
393,844
391,498
241.123
239,637
240,257
61,031
Maine
60,821
62,892
63,098
60,596
62,753
New Hampshire
61,677
61,050
28,053
27,984
27,788
61,335
Vermont
60,132
64,6l8
61,684
58,202
64,341
57,902
Massachusetts
150,048
47,415
49,318
151,248
46,857
151,726
848
Rhode Island
1,643
1,540
1,647
775
975
Connecticut*
62,565
61,688
36,502
36,829
59,024
36,055
Middle Atlantic
2,829,187 2,782,617 2,700,051 2,627,383 2,620,874 2,490,922
New York
808,166
962,602
891,291
900,825
991,566
894,707
New Jersey
578,200
605,070
679,622
638,293
689,016
608,568
Pennsylvania*
1,148,605 1,140,393 1,160,933 1,124,108 1,124,513 1,104,556
E. North Central
2,958,416 2,920,430 2,908,858 1,968,381 1,963,260 1,862,971
Ohio
600,742
752,303
602,177
742,829
567,712
734,259
Indiana
471,926
225,012
214,252
224,217
460,924
477,838
Illinois
1,119,550 1,102,572 1,101,809
504,046
501,887
473,625
Michigan
363,572
366,322
382,434
360,548
347,091
383,143
Wisconsin
251,065
246,834
247,861
254,003
253,980
247,783
2,076,624 2,036,287 2,027,957
W. North Central
667,880
618,701
670,551
Minnesota
297,642
291,485
255,460
236,175
277,415
254,577
Iowa
357,068
118,882
342,118
119,616
109,236
345,449
Missouri
355,000
348,740
86,877
95,102
350,543
95,526
North Dakota
93,340
94,665
36,262
89,271
36,309
34,833
127,494
South Dakota
124,657
39,607
121,715
35,808
39,357
Nebraska
353,131
52,409
346,674
50,461
52,403
355,498
Kansas
492,949
71,624
490,011
486,003
65,311
71,297
1,288,961 1,248,001 1,263,275
South Atlantic
701,668
698,412
647,603
Delaware*
20,051
17,018
12,966
12,697
17,596
12,705
Maryland
168,461
162,853
164,570
125,439
116,135
125,326
Virginia
347,485
341,538
338,653
279,045
257,776
279,789
West Virginia
183,483
187,178
178,498
85,720
87,994
88,478
North Carolina
126,263
48,838
135,187
48,877
134,974
49,188
South Carolina*
94,311
101,553
19,144
97,224
19,758
19,930
Georgia
106,906
101,667
32,266
103,334
29,360
32,449
Florida
228,738
210,077
232,619
77,664
92,336
93,803
E. South Central
611,881
208,088
588,978
613,762
185.904
209.271
Kentucky
240,661
60,804
237,091
256,272
53,118
60,915
Tennessee
86,162
162,294
167,229
78,726
155,347
86,957
Alabama
143,965
49,051
153,770
155,732
44,657
49,289
Mississippi
48,259
45,628
12,071
48,373
12,110
9,403
W. South Central
1,968,095 1,921,233 1,885,846
227.586
194,948
228.969
Arkansas
146,963
139,283
33,748
28,587
139,729
33,999
Louisiana
100,438
109,085
112,829
37,121
32,987
37,179
Oklahoma
339,651
51,744
333,675
335,715
59,255
59,586
Texas
1,368,652 1,339,190 1,309,964
81,630
97,462
98,205
Mountain
240,824
221,424
746,839
767,743
731,154
241.115
Montana
205,081
201,407
197,074
54,683
50,341
54,506
Idaho
42,262
17,130
43,472
16,337
43,536
17,137
Wyoming
101,873
103,133
27,427
25,707
107,391
27,558
Colorado
68,444
235,248
74,748
245,529
248,595
74,937
New Mexico
86,609
85,286
18,328
16,376
88,999
18,381
Arizona
1,862
2,090
6,348
6,398
5,960
2,111
Utah
48,085
49,834
47,834
36,074
38,576
38,684
Nevada
6,283
10,074
7,842
17,749
17,959
7,821
Pacific
265,434
401,243
386,477
267,497
375,887
266.582
Washington
83,412
40,977
44,373
44,668
79,376
79,731
Oregon*
72,082
94,866
35,863
42,399
70,255
36,096
California*
182,058
226,646
230,983
226,256
187,261
185,818
2,063
2,189
2,221
1,943
DigitizedAlaska
for FRASER