NOTE: THIS DATA FILE WILL CHANGE! To improve accessibility of data for all users, we will convert this file from a text format to an html table by the end of June 2024. Title: Deposits of Suspended Banks, Non-Member Banks of the Federal Reserve System for United States Series ID: M09041USM144NNBR Source: National Bureau of Economic Research Release: NBER Macrohistory Database (Not a Press Release) Seasonal Adjustment: Not Seasonally Adjusted Frequency: Monthly Units: Millions of Dollars Date Range: 1921-01-01 to 1933-02-01 Last Updated: 2012-08-17 3:03 PM CDT Notes: Data Cover Banks Closed On Account Of Financial Difficulties By Order Of Supervisory Authorities Or By Direction Of Bank. Figures Include Banks Subsequently Reopened. Voluntary Liquidations Are Excluded. Deposits Include All Funds Owed Depositors But Do Not Include Amounts Borrowed From Other Banks. In The Autumn Of 1931, The National Credit Corporation Was Formed Under The Sponsorship Of Banks, To Make Loans To Banks In Difficulty. In February 1932, The Reconstruction Finance Corporation Was Formed, Leading To A Reduction In The Rate Of Suspensions (See 1932 Report). Coverage Ends In February 1933, Due To Banking Legislation Enacted In March (Emergency Banking Act) Which Render Later Data Incomparable. Source: Federal Reserve Board, Annual Report, 1932, Pp. 152-154, And 1933, P. 223. This NBER data series m09041 appears on the NBER website in Chapter 9 at http://www.nber.org/databases/macrohistory/contents/chapter09.html. NBER Indicator: m09041 DATE VALUE 1921-01-01 18.80 1921-02-01 19.70 1921-03-01 14.24 1921-04-01 5.63 1921-05-01 8.28 1921-06-01 6.23 1921-07-01 7.78 1921-08-01 6.34 1921-09-01 3.70 1921-10-01 8.73 1921-11-01 13.04 1921-12-01 21.57 1922-01-01 10.31 1922-02-01 13.34 1922-03-01 5.31 1922-04-01 6.60 1922-05-01 6.34 1922-06-01 1.34 1922-07-01 1.49 1922-08-01 3.45 1922-09-01 2.54 1922-10-01 1.96 1922-11-01 5.28 1922-12-01 5.91 1923-01-01 3.98 1923-02-01 4.12 1923-03-01 9.30 1923-04-01 7.64 1923-05-01 3.24 1923-06-01 7.91 1923-07-01 10.48 1923-08-01 10.58 1923-09-01 7.19 1923-10-01 10.82 1923-11-01 12.50 1923-12-01 15.04 1924-01-01 29.40 1924-02-01 11.47 1924-03-01 8.20 1924-04-01 12.51 1924-05-01 19.41 1924-06-01 5.10 1924-07-01 8.30 1924-08-01 4.29 1924-09-01 5.65 1924-10-01 7.06 1924-11-01 7.20 1924-12-01 13.02 1925-01-01 14.75 1925-02-01 11.06 1925-03-01 6.80 1925-04-01 8.08 1925-05-01 7.19 1925-06-01 7.57 1925-07-01 4.46 1925-08-01 1.56 1925-09-01 6.18 1925-10-01 7.92 1925-11-01 14.96 1925-12-01 11.57 1926-01-01 9.98 1926-02-01 8.50 1926-03-01 8.90 1926-04-01 9.88 1926-05-01 10.42 1926-06-01 24.10 1926-07-01 43.45 1926-08-01 7.87 1926-09-01 8.99 1926-10-01 10.38 1926-11-01 25.45 1926-12-01 25.00 1927-01-01 20.70 1927-02-01 17.97 1927-03-01 25.16 1927-04-01 7.34 1927-05-01 6.17 1927-06-01 5.45 1927-07-01 9.92 1927-08-01 9.15 1927-09-01 8.05 1927-10-01 9.34 1927-11-01 7.44 1927-12-01 8.64 1928-01-01 8.86 1928-02-01 8.83 1928-03-01 13.49 1928-04-01 6.93 1928-05-01 4.51 1928-06-01 9.07 1928-07-01 7.60 1928-08-01 3.21 1928-09-01 5.13 1928-10-01 7.24 1928-11-01 14.53 1928-12-01 6.25 1929-01-01 7.96 1929-02-01 19.78 1929-03-01 7.13 1929-04-01 8.97 1929-05-01 10.82 1929-06-01 21.48 1929-07-01 41.34 1929-08-01 5.70 1929-09-01 8.36 1929-10-01 8.13 1929-11-01 19.97 1929-12-01 12.92 1930-01-01 18.53 1930-02-01 17.92 1930-03-01 15.40 1930-04-01 28.59 1930-05-01 18.07 1930-06-01 42.00 1930-07-01 18.68 1930-08-01 19.48 1930-09-01 19.92 1930-10-01 16.30 1930-11-01 84.68 1930-12-01 164.69 1931-01-01 53.93 1931-02-01 20.46 1931-03-01 23.31 1931-04-01 19.92 1931-05-01 25.84 1931-06-01 119.68 1931-07-01 31.90 1931-08-01 95.74 1931-09-01 123.79 1931-10-01 243.03 1931-11-01 35.68 1931-12-01 163.84 1932-01-01 144.51 1932-02-01 26.16 1932-03-01 6.39 1932-04-01 17.09 1932-05-01 26.87 1932-06-01 82.52 1932-07-01 29.25 1932-08-01 17.64 1932-09-01 8.80 1932-10-01 13.88 1932-11-01 13.74 1932-12-01 50.03 1933-01-01 63.72 1933-02-01 39.08