WASHINGTON - The ratio of reserves to insured deposits held by banks has declined in each of the last four quarters.

The Bank Insurance Fund's reserves fell to $1.35 for every $100 of insured deposits in the first quarter, from $1.37 in the fourth quarter and $1.41 in the first quarter last year, according to government data released Monday. Though the Federal Deposit Insurance Corp. only has first-quarter data on the reserve ratio, the agency said the fund's reserves increased $366 million during the first half of this year, to $29.8 billion on June 30.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.