Data: Peak Daylight Overdrafts--Quarterly
(in billions of dollars)
| Date | Total | Funds | Book- entry |
Collateral- ized2 |
Percent of Total |
|---|---|---|---|---|---|
| 2024:Q2 | $10.98 | $2.26 | $9.12 | $10.90 | 99% |
| 2024:Q1 | $5.74 | $2.15 | $3.74 | $5.65 | 98% |
| 2023:Q4 | $4.11 | $3.22 | $1.12 | $3.97 | 97% |
| 2023:Q3 | $4.18 | $3.45 | $0.95 | $3.98 | 95% |
| 2023:Q2 | $6.58 | $4.34 | $3.27 | $6.32 | 96% |
| 2023:Q1 | $8.43 | $7.59 | $2.23 | $8.15 | 97% |
| 2022:Q4 | $6.13 | $5.51 | $1.19 | $5.64 | 92% |
| 2022:Q3 | $5.06 | $4.63 | $0.90 | $4.56 | 90% |
| 2022:Q2 | $3.43 | $2.79 | $0.85 | $3.21 | 94% |
| 2022:Q1 | $1.17 | $1.09 | $0.14 | $1.08 | 92% |
| 2021:Q4 | $1.78 | $1.76 | $0.04 | $1.73 | 97% |
| 2021:Q3 | $2.06 | $1.49 | $0.60 | $2.01 | 98% |
| 2021:Q2 | $1.92 | $1.90 | $0.04 | $1.84 | 96% |
| 2021:Q1 | $3.71 | $3.61 | $0.17 | $3.25 | 88% |
| 2020:Q4 | $4.07 | $3.69 | $0.50 | $3.76 | 92% |
| 2020:Q3 | $4.04 | $3.89 | $0.22 | $3.68 | 91% |
| 2020:Q2 | $6.27 | $6.14 | $0.39 | $4.82 | 77% |
| 2020:Q1 | $14.24 | $11.17 | $4.48 | $12.78 | 90% |
| 2019:Q4 | $14.09 | $12.61 | $2.87 | $13.51 | 96% |
| 2019:Q3 | $13.74 | $10.28 | $6.55 | $12.38 | 90% |
| 2019:Q2 | $12.96 | $10.94 | $3.59 | $12.57 | 97% |
| 2019:Q1 | $10.70 | $9.73 | $1.91 | $10.39 | 97% |
| 2018:Q4 | $8.98 | $8.13 | $1.48 | $8.52 | 95% |
| 2018:Q3 | $9.04 | $8.19 | $1.58 | $8.78 | 97% |
| 2018:Q2 | $10.40 | $9.72 | $1.92 | $10.06 | 97% |
| 2018:Q1 | $11.18 | $10.17 | $1.99 | $10.78 | 96% |
| 2017:Q4 | $7.44 | $6.80 | $1.41 | $7.22 | 97% |
| 2017:Q3 | $8.95 | $7.54 | $2.14 | $8.71 | 97% |
| 2017:Q2 | $7.74 | $7.50 | $0.59 | $7.39 | 95% |
| 2017:Q1 | $5.98 | $5.77 | $0.41 | $5.77 | 96% |
| 2016:Q4 | $5.83 | $5.49 | $0.68 | $5.65 | 97% |
| 2016:Q3 | $6.49 | $6.12 | $0.79 | $6.23 | 96% |
| 2016:Q2 | $8.11 | $7.71 | $0.93 | $7.93 | 98% |
| 2016:Q1 | $7.22 | $6.80 | $0.85 | $7.08 | 98% |
| 2015:Q4 | $5.81 | $5.44 | $0.72 | $5.65 | 97% |
| 2015:Q3 | $6.20 | $5.78 | $0.75 | $6.03 | 97% |
| 2015:Q2 | $4.18 | $3.80 | $0.63 | $4.09 | 98% |
| 2015:Q1 | $4.88 | $4.53 | $0.58 | $4.76 | 98% |
| 2014:Q4 | $6.61 | $6.22 | $0.78 | $6.47 | 98% |
| 2014:Q3 | $8.57 | $8.20 | $0.76 | $8.40 | 98% |
| 2014:Q2 | $8.75 | $8.49 | $0.62 | $8.61 | 98% |
| 2014:Q1 | $9.82 | $9.54 | $0.58 | $9.65 | 98% |
| 2013:Q4 | $6.23 | $5.75 | $0.78 | $6.07 | 97% |
| 2013:Q3 | $10.56 | $10.23 | $0.81 | $10.34 | 98% |
| 2013:Q2 | $9.49 | $8.82 | $1.37 | $9.33 | 98% |
| 2013:Q1 | $23.80 | $21.72 | $4.11 | $23.67 | 99% |
| 2012:Q4 | $13.20 | $12.08 | $2.71 | $13.07 | 99% |
| 2012:Q3 | $10.54 | $8.14 | $4.02 | $10.42 | 99% |
| 2012:Q2 | $23.76 | $10.57 | $19.03 | $23.64 | 99% |
| 2012:Q1 | $29.01 | $7.02 | $26.72 | $27.94 | 96% |
| 2011:Q4 | $15.03 | $4.79 | $13.09 | $14.68 | 98% |
| 2011:Q3 | $10.83 | $3.40 | $8.98 | $10.72 | 99% |
| 2011:Q2 | $35.42 | $5.59 | $34.93 | $29.88 | 84% |
| 2011:Q1 | $56.39 | $9.74 | $55.06 | $0 | $0 |
| 2010:Q4 | $64.16 | $14.93 | $61.80 | $0 | $0 |
| 2010:Q3 | $69.45 | $12.74 | $67.64 | $0 | $0 |
| 2010:Q2 | $57.93 | $12.03 | $55.86 | $0 | $0 |
| 2010:Q1 | $46.22 | $12.90 | $43.43 | $0 | $0 |
| 2009:Q4 | $45.68 | $16.67 | $41.24 | $0 | $0 |
| 2009:Q3 | $59.08 | $30.44 | $47.06 | $0 | $0 |
| 2009:Q2 | $51.70 | $37.24 | $35.65 | $0 | $0 |
| 2009:Q1 | $65.12 | $45.73 | $47.75 | $0 | $0 |
| 2008:Q4 | $130.79 | $112.43 | $58.45 | $0 | $0 |
| 2008:Q3 | $175.46 | $151.49 | $81.09 | $0 | $0 |
| 2008:Q2 | $186.56 | $153.62 | $85.58 | $0 | $0 |
| 2008:Q1 | $180.02 | $148.91 | $86.96 | $0 | $0 |
| 2007:Q4 | $169.91 | $152.44 | $78.56 | $0 | $0 |
| 2007:Q3 | $160.93 | $138.23 | $82.10 | $0 | $0 |
| 2007:Q2 | $149.27 | $130.09 | $73.71 | $0 | $0 |
| 2007:Q1 | $152.79 | $122.80 | $77.22 | $0 | $0 |
| 2006:Q4 | $153.51 | $120.96 | $75.02 | $0 | $0 |
| 2006:Q3 | $152.85 | $118.87 | $83.31 | $0 | $0 |
| 2006:Q2 | $131.32 | $115.71 | $57.33 | $0 | $0 |
| 2006:Q1 | $122.42 | $108.31 | $57.67 | $0 | $0 |
| 2005:Q4 | $127.28 | $117.55 | $49.35 | $0 | $0 |
| 2005:Q3 | $123.15 | $112.48 | $58.59 | $0 | $0 |
| 2005:Q2 | $116.10 | $101.79 | $58.35 | $0 | $0 |
| 2005:Q1 | $114.54 | $101.61 | $70.48 | $0 | $0 |
| 2004:Q4 | $111.50 | $101.35 | $61.30 | $0 | $0 |
| 2004:Q3 | $103.52 | $95.74 | $50.74 | $0 | $0 |
| 2004:Q2 | $99.00 | $89.51 | $41.36 | $0 | $0 |
| 2004:Q1 | $99.05 | $87.29 | $44.65 | $0 | $0 |
| 2003:Q4 | $98.55 | $89.75 | $37.26 | $0 | $0 |
| 2003:Q3 | $105.18 | $95.19 | $40.32 | $0 | $0 |
| 2003:Q2 | $101.76 | $90.34 | $38.24 | $0 | $0 |
| 2003:Q1 | $98.26 | $88.82 | $38.82 | $0 | $0 |
| 2002:Q4 | $95.49 | $86.27 | $35.19 | $0 | $0 |
| 2002:Q3 | $87.96 | $78.37 | $36.08 | $0 | $0 |
| 2002:Q2 | $83.02 | $74.97 | $32.08 | $0 | $0 |
| 2002:Q1 | $88.07 | $79.12 | $27.52 | $0 | $0 |
| 2001:Q4 | $97.04 | $88.20 | $30.80 | $0 | $0 |
| 2001:Q3 | $100.64 | $92.13 | $32.97 | $0 | $0 |
| 2001:Q2 | $99.15 | $92.28 | $27.80 | $0 | $0 |
| 2001:Q1 | $100.63 | $93.17 | $27.48 | $0 | $0 |
| 2000:Q4 | $90.61 | $84.29 | $25.44 | $0 | $0 |
| 2000:Q3 | $85.47 | $80.47 | $29.20 | $0 | $0 |
| 2000:Q2 | $88.80 | $83.84 | $30.14 | $0 | $0 |
| 2000:Q1 | $80.91 | $75.45 | $35.18 | $0 | $0 |
| 1999:Q4 | $75.16 | $67.98 | $32.97 | $0 | $0 |
| 1999:Q3 | $71.80 | $64.72 | $44.00 | $0 | $0 |
| 1999:Q2 | $72.29 | $64.19 | $45.68 | $0 | $0 |
| 1999:Q1 | $75.47 | $66.18 | $48.71 | $0 | $0 |
| 1998:Q4 | $77.41 | $65.07 | $52.82 | $0 | $0 |
| 1998:Q3 | $76.16 | $61.65 | $56.57 | $0 | $0 |
| 1998:Q2 | $76.85 | $61.27 | $58.39 | $0 | $0 |
| 1998:Q1 | $76.68 | $61.89 | $58.94 | $0 | $0 |
| 1997:Q4 | $74.99 | $57.37 | $57.86 | $0 | $0 |
| 1997:Q3 | $68.76 | $54.39 | $54.19 | $0 | $0 |
| 1997:Q2 | $64.83 | $55.20 | $47.24 | $0 | $0 |
| 1997:Q1 | $67.61 | $53.41 | $52.76 | $0 | $0 |
| 1996:Q4 | $66.97 | $50.06 | $53.42 | $0 | $0 |
| 1996:Q3 | $64.16 | $49.00 | $51.93 | $0 | $0 |
| 1996:Q2 | $65.44 | $48.40 | $55.48 | $0 | $0 |
| 1996:Q1 | $73.22 | $50.05 | $62.81 | $0 | $0 |
| 1995:Q4 | $71.79 | $46.70 | $64.00 | $0 | $0 |
| 1995:Q3 | $69.57 | $47.77 | $64.99 | $0 | $0 |
| 1995:Q2 | $67.39 | $44.71 | $62.82 | $0 | $0 |
| 1995:Q1 | $63.07 | $46.79 | $57.37 | $0 | $0 |
| 1994:Q4 | $66.39 | $43.07 | $62.14 | $0 | $0 |
| 1994:Q3 | $70.24 | $42.35 | $65.54 | $0 | $0 |
| 1994:Q2 | $77.51 | $41.45 | $68.93 | $0 | $0 |
| 1994:Q1 | $123.66 | $54.33 | $95.94 | $0 | $0 |
| 1993:Q4 | $126.56 | $53.07 | $98.71 | $0 | $0 |
| 1993:Q3 | $132.19 | $47.62 | $107.99 | $0 | $0 |
| 1993:Q2 | $125.76 | $48.36 | $103.74 | $0 | $0 |
| 1993:Q1 | $129.58 | $51.62 | $108.30 | $0 | $0 |
| 1992:Q4 | $124.03 | $49.20 | $102.52 | $0 | $0 |
| 1992:Q3 | $126.86 | $49.44 | $101.03 | $0 | $0 |
| 1992:Q2 | $119.28 | $47.42 | $95.70 | $0 | $0 |
| 1992:Q1 | $115.54 | $47.06 | $92.39 | $0 | $0 |
| 1991:Q4 | $108.00 | $46.13 | $82.04 | $0 | $0 |
| 1991:Q3 | $108.04 | $48.13 | $81.68 | $0 | $0 |
| 1991:Q2 | $101.21 | $48.53 | $73.43 | $0 | $0 |
| 1991:Q1 | $107.50 | $48.34 | $74.57 | $0 | $0 |
| 1990:Q4 | $101.41 | $46.39 | $67.82 | $0 | $0 |
| 1990:Q3 | $92.51 | $46.63 | $58.21 | $0 | $0 |
| 1990:Q2 | $82.78 | $45.49 | $47.52 | $0 | $0 |
| 1990:Q1 | $87.97 | $43.59 | $53.99 | $0 | $0 |
| 1989:Q4 | $83.25 | $41.19 | $50.71 | $0 | $0 |
| 1989:Q3 | $76.05 | $40.47 | $44.21 | $0 | $0 |
| 1989:Q2 | $68.84 | $39.43 | $39.33 | $0 | $0 |
| 1989:Q1 | $63.79 | $38.14 | $35.37 | $0 | $0 |
| 1988:Q4 | $62.54 | $36.69 | $36.13 | $0 | $0 |
| 1988:Q3 | $60.62 | $34.46 | $33.72 | $0 | $0 |
| 1988:Q2 | $63.19 | $36.72 | $34.29 | $0 | $0 |
| 1988:Q1 | $66.55 | $37.73 | $36.13 | $0 | $0 |
| 1987:Q4 | $64.39 | $32.37 | $38.48 | $0 | $0 |
| 1987:Q3 | $65.86 | $31.76 | $40.06 | $0 | $0 |
| 1987:Q2 | $64.56 | $32.97 | $40.34 | $0 | $0 |
| 1987:Q1 | $66.00 | $32.43 | $42.55 | $0 | $0 |
| 1986:Q4 | $63.75 | $30.27 | $42.85 | $0 | $0 |
| 1986:Q3 | $64.99 | $32.13 | $42.49 | $0 | $0 |
| 1986:Q2 | $62.59 | $30.12 | $42.20 | $0 | $0 |
| 1986:Q1 | $60.42 | $33.06 | $36.93 | $0 | $0 |
Footnotes
1. The peak daylight overdraft for a given day is the greatest value reached by the sum of the daylight overdrafts for all institutions at the end of each operating minute of the day. The figures stated in the table are the average of the daily peak overdrafts over the quarter. Return to table
2. An institution's collateralized daylight overdraft is the amount of its per-minute overdraft covered by its pledge of collateral. The Board began collecting this data on March 24, 2011, pursuant to the changes to the Federal Reserve Policy on Payment System Risk. This policy change applied to one week of the first quarter of 2011—March 24 through March 31, 2011. The collateralized peak daylight overdrafts for this week were $36.63 billion, which represents 77 percent of total peak daylight overdrafts. Return to table