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Statistical Supplement | March 2004

Statistical Supplement to the Federal Reserve Bulletin, March 2004
1.12  Reserves and Borrowings, Depository Institutions1
Millions of dollars
Reserve classification Prorated monthly averages of biweekly averages
2001 2002 2003 2003
Dec Dec Dec Juner July Augr Septr Octr Novr Dec
1 Reserve balances with Reserve Banks2 9,053 9,926 10,860 11,307 12,180r 14,142 12,485 11,672 11,531 10,860
2 Total vault cash3 43,918 43,386 44,077 41,917 42,642 43,008 43,063 43,318 42,608 44,077
3 Applied vault cash4 32,024 30,346r 32,084 30,557 31,414r 31,963 31,946 31,535 31,137 32,084
4 Surplus vault cash5 11,894 13,039r 11,993 11,360 11,228r 11,045 11,117 11,783 11,472 11,993
5 Total reserves6 41,077 40,272r 42,944 41,864 43,594 46,105 44,431 43,207 42,667 42,944
6 Required reserves 39,428 38,263r 41,286 40,002 41,659r 42,338 42,915 41,658 41,105 41,286
7 Excess reserve balances at Reserve Banks7 1,649 2,008r 1,658 1,862 1,935r 3,767 1,515 1,549 1,563 1,658
8 Total borrowing at Reserve Banks 67 80 46 161 130 329 181 107 68 46
9 Primary ... ... 17 87 21 168 23 13 25 17
10 Secondary ... ... 0 0 0 15 0 0 0 0
11 Seasonal 33 45 29 74 110 146 158 94 43 29
12 Adjustment 34 35 ... ... ... ... ... ... ... ...
 Biweekly averages of daily figures for two-week periods ending on dates indicated
2003 2004
Sept 3r Sept 17r Oct 1r Oct 15r Oct 29r Nov 12r Nov 26r Dec 10 Dec 24 Jan 7
1 Reserve balances with Reserve Banks2 14,180 11,519 13,134 9,945 13,414 10,844 12,154 11,411r 10,770 10,254
2 Total vault cash3 42,030 42,298 44,126 44,545 42,239 41,876 43,246 42,578r 44,286 45,803
3 Applied vault cash4 32,029 30,953 32,996 31,455 31,721 30,064 31,850 31,860r 31,848 32,877
4 Surplus vault cash5 10,001 11,345 11,130 13,091 10,518 11,812 11,396 10,718 12,438 12,926
5 Total reserves6 46,209 42,472 46,130 41,400 45,135 40,908 44,004 43,271r 42,618 43,130
6 Required reserves 43,992 41,552 44,136 39,899 43,589 39,224 42,476 41,949 40,697 41,520
7 Excess reserve balances at Reserve Banks7 2,217 920 1,994 1,500 1,546 1,684 1,527 1,322r 1,921 1,610
8 Total borrowing at Reserve Banks 162 160 207 115 95 94 56 36 54 45
9 Primary 5 4 48 3 17 43 14 11 19 22
10 Secondary 0 0 0 0 0 0 0 0 0 0
11 Seasonal 157 157 159 112 79 51 43 25 35 22
12 Adjustment ... ... ... ... ... ... ... ... ... ...

1. Data in this table also appear in the Board's H.3 (502) weekly statistical release. Data are not break-adjusted or seasonally adjusted.   Return to table

2. Excludes required clearing balances and adjustments to compensate for float and includes other off-balance-sheet "as-of" adjustments.

3. Vault cash eligible to satisfy reserve requirements. It includes only vault cash held by those banks and thrift institutions that are not exempt from reserve requirements. Dates refer to the maintenance periods in which the vault cash can be used to satisfy reserve requirements.   Return to table

4. All vault cash held during the lagged computation period by "bound" institutions (that is, those whose required reserves exceed their vault cash) plus the amount of vault cash applied during the maintenance period by "nonbound" institutions (that is, those whose vault cash exceeds their required reserves) to satisfy current reserve requirements.   Return to table

5. Total vault cash (line 2) less applied vault cash (line 3).   Return to table

6. Reserve balances with Federal Reserve Banks (line 1) plus applied vault cash (line 3).   Return to table

7. Total reserves (line 5) less required reserves (line 6).   Return to table

Statistical Supplement | March 2004 | Tips for printing wide tables | Symbols and Abbreviations

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Last update: May 18, 2005