Level from quarterly Reports of Condition for U.S.-chartered commercial banks (forms FFIEC 031 and 041), schedule RC-C - Loans and Lease Financing Receivables, Loans secured by nonfarm nonresidential properties (sum of series RCONF160 and RCONF161) plus 84.47 percent of Other construction loans and all land development and other land loans (series RCONF159), less a market to book value adjustment on loans that were reported at fair value calculated as the sum of Memoranda, Loans secured by nonfarm nonresidential properties measured at fair value (series RCONF584) and a percentage of Loans secured by Construction, land development, and other land loans measured at fair value (series RCONF578), less the sum of the Unpaid principal balance of loans secured by nonfarm nonresidential properties measured at fair value (series RCONF596) and a percentage of the Unpaid principal balance of Construction, land development, and other land loans measured at fair value (series RCON590); plus schedule RC-D - Trading Assets and Liabilities, Memoranda, the sum of Unpaid principal balance of loans secured by nonfarm nonresidential properties measured at fair value (series RCONF631) and a percentage of the Unpaid principal balance of Construction, land development, and other land loans (series RCONF625). The aforementioned percentage is calculated as 84.47 percent of the ratio of Other construction loans and all land development and other land loans (series RCONF159) to total Construction, land development, and other land loans (sum of series RCON158 and RCONF159). Unadjusted flow is the change in the level; data for the most recent ten years show no significant seasonality.
