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Statistical Supplement | June 2004

Statistical Supplement to the Federal Reserve Bulletin, June 2004
1.12  Reserves and Borrowings, Depository Institutions1
Millions of dollars
Reserve classification Prorated monthly averages of biweekly averages
2001 2002 2003 2003 2004
Dec Dec Dec Sept Oct Nov Dec Jan Feb Mar
1 Reserve balances with Reserve Banks2 9,053 9,926 10,860 12,485 11,672 11,531 10,860 11,560 10,864 11,942
2 Total vault cash3 43,918 43,386 44,077 43,063 43,318 42,608 44,077 46,572 46,426 44,381
3 Applied vault cash4 32,024 30,346 32,084 31,946 31,535 31,137 32,084 33,874 32,966 32,122
4 Surplus vault cash5 11,894 13,039 11,993 11,117 11,783 11,472 11,993 12,698 13,461 12,259
5 Total reserves6 41,077 40,272 42,944 44,431 43,207 42,667 42,944 45,433 43,829 44,064
6 Required reserves 39,428 38,263 41,286 42,915 41,658 41,105 41,286 43,908 41,994 42,241
7 Excess reserve balances at Reserve Banks7 1,649 2,008 1,658 1,515 1,549 1,563 1,658 1,525 1,835 1,823
8 Total borrowing at Reserve Banks 67 80 46 181 107 68 46 106 42 51
9 Primary ... ... 17 23 13 25 17 93 28 23
10 Secondary ... ... 0 0 0 0 0 0 0 0
11 Seasonal 33 45 29 158 94 43 29 13 14 28
12 Adjustment 34 35 ... ... ... ... ... ... ... ...
 Biweekly averages of daily figures for two-week periods ending on dates indicated
2003 2004
Nov 26 Dec 10 Dec 24 Jan 7 Jan 21 Feb 4 Feb 18 Mar 3 Mar 17 Mar 31
1 Reserve balances with Reserve Banks2 12,154 11,411 10,770 10,254 12,297 11,443 9,641 12,211 11,846 11,980
2 Total vault cash3 43,246 42,578 44,286 45,803 44,555 49,936 47,096 44,298 43,669 45,112
3 Applied vault cash4 31,850 31,860 31,848 32,877 32,399 36,637 32,241 32,554 30,841 33,312
4 Surplus vault cash5 11,396 10,718 12,438 12,926 12,156 13,299 14,855 11,745 12,828 11,800
5 Total reserves6 44,004 43,271 42,618 43,130 44,696 48,079 41,881 44,764 42,687 45,292
6 Required reserves 42,476 41,949 40,697 41,520 43,227 46,534 39,827 43,102 40,696 43,603
7 Excess reserve balances at Reserve Banks7 1,527 1,322 1,921 1,610 1,468 1,545 2,054 1,662 1,991 1,689
8 Total borrowing at Reserve Banks 56 36 54 45 134 110 26 38 51 55
9 Primary 14 11 19 22 126 97 15 20 28 19
10 Secondary 0 0 0 0 0 0 0 0 0 0
11 Seasonal 43 25 35 22 9 14 10 19 23 36
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 | June 2004 | Tips for printing wide tables | Symbols and Abbreviations

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Last update: May 16, 2005