The private banks had leverage of about 9 times, the Federal Reserve Banks were leveraged 54 times

Which are the most profitable banks in America?

By Alex J. Pollock

The banking system as a whole must be understood to contain these two parts: private banks and Federal Reserve Banks. Quite a contrast between the parts! 

http://blog.american.com/2012/04/which-are-the-most-profitable-banks-in-america/