Federal Reserve Statistical Release, G.20, Finance Companies; title with eagle logo links to Statistical Release home page
Release Date: September 29, 2005
Release dates | Historical data
Current release  Other formats:  Screen reader | ASCII | PDF (17 KB)
G.20                                                      FINANCE COMPANIES 1                                     For immediate release
                                                               July 2005                                                 September 2005

OWNED AND MANAGED RECEIVABLES OUTSTANDING 2
Seasonally adjusted
---------------------------------------------------------------------------------------------------------------------------------------
                                                                                 2004                            2005
                                                                        _______________________ _______________________________________

                                2000 r  2001 r  2002 r  2003 r  2004 r   Q2 r    Q3 r    Q4 r    Q1 r    Q2 r    May r   Jun r   Jul p
---------------------------------------------------------------------------------------------------------------------------------------
Percent change at annual rate 3
     Total                        15.8     4.6     1.8     4.1     6.5     1.1     6.7     9.4     6.6     2.0     1.1    -1.1    -1.4
       Consumer                   15.3     9.2     0.8     4.5     5.4     3.8     8.7     4.3     5.1     2.8     2.0     4.9   -12.2
       Real estate                14.3     4.1     1.7     8.9    16.9     6.6     9.9    30.9    15.7     3.2    -3.6    13.3     7.7
       Business                   16.8     0.5     2.9     1.9     3.2    -3.9     3.2     4.9     3.7     0.6     2.5   -14.0     5.1

Amount: billions of dollars 4
     Total                      1194.0  1248.5  1271.6  1323.8  1409.4  1354.5  1377.1  1409.4  1432.5  1439.7  1441.1  1439.7  1438.0
       Consumer                  472.1   515.5   519.8   543.3   572.5   554.3   566.4   572.5   579.9   584.0   581.6   584.0   578.1
       Real estate               198.7   206.9   210.5   229.2   267.9   242.7   248.7   267.9   278.4   280.6   277.5   280.6   282.4
       Business                  523.2   526.0   541.3   551.4   568.9   557.5   562.0   568.9   574.2   575.1   581.9   575.1   577.5
---------------------------------------------------------------------------------------------------------------------------------------

AUTO LOANS: TERMS OF CREDIT 5
Percent except as noted: not seasonally adjusted
---------------------------------------------------------------------------------------------------------------------------------------

  New car loans
     Interest rates               6.61    5.65    4.29    3.40    4.36    3.65    5.54    5.01    4.86    5.18    5.25    5.55    5.71
     Maturity (months)            54.9    55.1    56.8    61.4    60.5    60.2    60.9    61.3    59.3    59.5    59.2    59.9    60.4
     Loan-to-value ratio            92      91      94      95      89      92      85      84      86      88      88      88      89
     Amount financed (dollars)  20,923  22,822  24,747  26,295  24,888  25,525  23,179  24,376  24,116  23,477  22,989  23,717  25,086

  Used car loans
     Interest rates              13.55   12.18   10.74    9.72    8.96    8.84    8.93    8.87    9.23    9.23    9.34    8.93    8.55
     Maturity (months)            57.0    57.5    57.5    57.5    56.8    56.9    57.1    56.9    57.8    57.6    57.5    57.5    57.5
     Loan-to-value ratio            99     100     100     100     100     101     100      98      98      98      98      98      97
     Amount financed (dollars)  14,058  14,416  14,532  14,613  15,136  14,957  15,350  15,714  15,507  16,026  16,011  16,316  16,509

---------------------------------------------------------------------------------------------------------------------------------------
  1.  Includes finance company subsidiaries of bank holding companies but not of retailers and banks.
  2.  Owned receivables are those carried on the balance sheet of the institution.  Managed receivables are outstanding balances of
  pools upon which securities have been issued; these balances are no longer carried on the balance sheets of the loan originator.
  Data are shown before deductions for unearned income and losses.  Components may not add to totals because of rounding.
  3.  The series may contain breaks that result from discontinuities in source data. Growth rates are adjusted to exclude the effect
  of such breaks.
  4.  Seasonally adjusted series have been revised from January 1998 forward as a result of new seasonal factors.
  5.  Data are from the subsidiaries of the three major U.S. automobile manufacturers and are volume-weighted averages covering all
  loans of each type purchased during the month.





OWNED AND MANAGED RECEIVABLES OUTSTANDING 2
(Billions of dollars)
Not seasonally adjusted
----------------------------------------------------------------------------------------------------------------------------------------------
                                                                                        2004                            2005
                                                                               _______________________ _______________________________________

                                        2000    2001    2002    2003    2004     Q2      Q3      Q4     Q1 r    Q2 r    May r   Jun r   Jul p
----------------------------------------------------------------------------------------------------------------------------------------------

  Total                                1199.8  1254.7  1277.5  1330.2  1416.0  1357.8  1373.9  1416.0  1428.1  1442.8  1439.0  1442.8  1433.1

    Consumer                            475.9   519.7   523.9   547.7   577.2   551.7   568.1   577.2   575.7   581.1   576.6   581.1   576.4
      Motor vehicle loans               141.6   173.9   160.2   197.0   230.2   206.3   224.0   230.2   220.2   209.0   213.0   209.0   202.9
      Motor vehicle leases              108.2   103.5    83.3    70.0    62.5    65.0    62.9    62.5    63.7    67.3    64.9    67.3    68.1
      Revolving 6                        37.6    31.5    38.9    37.6    43.3    39.9    45.5    43.3    44.4    47.4    46.3    47.4    48.0
      Other 7                            41.3    32.7    38.7    60.9    94.7    78.5    83.2    94.7    98.6   101.7   100.7   101.7   101.8
      Securitized assets 8
        Motor vehicle loans              97.1   131.9   151.9   132.8   109.9   120.4   113.5   109.9   117.0   125.9   121.7   125.9   126.7
        Motor vehicle leases              6.6     6.8     5.7     5.5     4.8     5.1     5.0     4.8     4.6     4.5     4.5     4.5     4.4
        Revolving                        27.5    25.0    31.1    31.6    22.2    25.8    24.0    22.2    18.0    16.9    16.5    16.9    16.1
        Other                            16.0    14.3    14.0    12.2     9.5    10.7    10.1     9.5     9.1     8.5     8.7     8.5     8.3

    Real estate                         198.9   207.1   210.6   229.4   268.3   240.7   250.0   268.3   271.6   278.4   275.7   278.4   284.3
      One-to-four family                130.6   120.1   135.0   152.2   190.2   167.9   176.2   190.2   194.7   200.1   199.2   200.1   206.5
      Other                              41.7    41.2    39.5    46.7    52.7    46.0    48.3    52.7    52.4    52.2    52.4    52.2    51.7
      Securitized assets 8
        One-to-four family               24.7    40.1    33.0    26.7    21.8    24.0    22.9    21.8    21.1    20.3    20.6    20.3    20.2
        Other                             1.9     5.7     3.2     3.8     3.5     2.8     2.7     3.5     3.5     5.9     3.5     5.9     5.9

    Business                            525.0   527.9   543.0   553.1   570.5   565.4   555.8   570.5   580.8   583.2   586.7   583.2   572.5
      Motor vehicles                     75.5    54.0    60.7    74.9    91.6    95.4    84.1    91.6   101.0   108.2   106.6   108.2    98.2
        Retail loans                     18.3    16.1    15.4    18.2    18.4    18.0    19.7    18.4    30.7    31.0    30.9    31.0    31.2
        Wholesale loans 9                39.7    20.3    29.3    40.3    46.2    52.8    38.1    46.2    42.8    48.1    47.8    48.1    37.7
        Leases                           17.6    17.6    16.0    16.3    27.0    24.6    26.2    27.0    27.5    29.2    27.9    29.2    29.3
      Equipment                         283.5   289.4   292.1   277.6   264.9   265.0   260.9   264.9   260.8   264.5   265.2   264.5   266.5
        Loans                            70.2    77.8    83.3    74.6    70.6    68.5    68.6    70.6    69.6    70.0    71.3    70.0    71.9
        Leases                          213.3   211.6   208.8   203.1   194.3   196.4   192.3   194.3   191.2   194.5   193.9   194.5   194.6
      Other business receivables 10      99.4   103.5   102.5   105.0   115.4   110.9   111.4   115.4   118.4   116.5   119.1   116.5   117.6
      Securitized assets 8
        Motor vehicles                   37.8    50.1    50.2    48.4    44.8    45.6    48.4    44.8    48.8    43.2    43.9    43.2    39.5
          Retail loans                    3.2     5.1     2.4     2.2     2.2     2.2     2.2     2.2     2.2     2.8     2.2     2.8     2.8
          Wholesale loans                32.5    42.5    45.9    44.2    40.6    41.3    44.2    40.6    44.6    40.2    39.7    40.2    36.6
          Leases                          2.2     2.5     1.9     2.1     2.0     2.1     2.1     2.0     2.0     0.1     2.0     0.1     0.1
        Equipment                        23.1    23.2    20.2    22.1    23.6    22.7    24.2    23.6    21.6    23.4    21.7    23.4    23.2
          Loans                          15.5    16.4    13.0    12.5    11.5    12.2    11.7    11.5     9.9    11.7    10.0    11.7    11.6
          Leases                          7.6     6.8     7.2     9.6    12.1    10.5    12.5    12.1    11.7    11.6    11.7    11.6    11.6
        Other business receivables 10     5.6     7.7    17.4    25.1    30.2    25.9    26.8    30.2    30.2    27.5    30.2    27.5    27.5
----------------------------------------------------------------------------------------------------------------------------------------------

    6.  Excludes revolving credit reported as held by depository institutions that are subsidiaries of finance companies.
    7.  Includes student loans, personal cash loans, mobile home loans, and loans to purchase other types of consumer goods such as
   appliances, apparel, boats, and recreation vehicles.
    8.  Outstanding balances of pools upon which securities have been issued; these balances are no longer carried on the balance sheets of
   the loan originator.
    9.  Credit arising from transactions between manufacturers and dealers, that is, floor plan financing.
   10.  Includes loans on commercial accounts receivable, factored commercial accounts, and receivable dealer capital; small loans used
   primarily for business or farm purposes; and wholesale and lease paper for mobile homes, recreation vehicles, and travel trailers.
    r=revised.  p=preliminary.
Release dates | Historical data
Current release  Other formats:  Screen reader | ASCII | PDF (17 KB)

Statistical releases