Level from quarterly Reports of Condition for U.S.-chartered commercial banks (forms FFIEC 031 and FFIEC 041), sum of schedule RC-C - Loans and Lease Financing Receivables, Loans for purchasing or carrying securities (secured and unsecured) (series RCON1545) and the portion of the sum of schedule RC - Balance Sheet, Federal funds sold in domestic offices (series RCONB987) and Securities purchased under agreements to resell (series RCONB989) that is not with other commercial banks, less a market to book value adjustment on loans that were reported at fair value. For FFIEC 041 reporters with total assets less than $300 million, series is 10 percent of schedule RC-C - Loans and Lease Financing Receivables, Other loans (series RCON1563) also adjusted from market to book value. The portion of federal funds sold and securities purchased under agreements to resell that is with other commercial banks is calculated from the Weekly Report of Selected Assets and Liabilities of Domestically Chartered Commercial Banks and U.S. Branches and Agencies of Foreign Banks (form FR2644), Federal funds sold and securities purchased under agreements to resell with others (including nonbank brokers and dealers in securities and FHLB (series WRSS1390), divided by Federal funds sold and securities purchased under agreements to resell (sum of series WRSS1360 and WRSS1390). The market to book value adjustment is calculated as a percentage of the difference between Memoranda, Other loans measured at fair value (series RCONF589) and the Unpaid principal balance of other loans measured at fair value (series RCONF601); plus a percentage of schedule RC-D - Trading Assets and Liabilities, Memoranda, Unpaid principal balance of other loans measured at fair value (series RCONF636). The aforementioned percentage is calculated from schedule RC-C - Loans and Lease Financing Receivables as the ratio of Loans for purchasing or carrying securities (secured and unsecured) (series RCON1545) to the sum of Loans to depository institutions and acceptances of other banks (series RCON1288), Loans to finance agricultural production and other loans to farmers (series RCON1590), Loans to foreign governments and official institutions (including foreign central banks) (series RCON2081), Obligations (other than securities and leases) of states and political subdivisions in the U.S. (series RCON2107), and Other loans (series RCON1563). Unadjusted flow is the change in the level; data for the most recent ten years show no significant seasonality.
