http://www.federalreserve.gov/feeds/H8.htmlAssets and Liabilities of Commercial Banks in the U.S.en2009-06-09T16:00:00-04:00Federal Reserve Boardhttp://www.federalreserve.gov/feeds/H8.html#159Effective with this release, several changes, summarized below,have been made to the data and the line items shown on the H.8 release. These changes relate to the adoption, as of July 1, 2009, of a single reporting form for all weekly reporters (see the Federal Reserve Board's notice published in the Federal Register, 74 FR 10739). Historical data have been revised to reflect these changes. In addition, data from the H.8 release are now available for customizable download through the Federal Reserve Board's Data Download Program (DDP). These data will be updated weekly with the H.8 release. 2009-07-10T16:15:00-04:00enFRBend=9999-12-31T00:00:00-05:00Changes to Data and Items Reported on the Release for July 1, 20092009-07-10T16:15:00-04:00H8http://www.federalreserve.gov/feeds/H8.html#150Effective with this release, information included in the "Notes on the Data" section of each H.8 release, if any, will also be available on the Federal Reserve Board's H.8 web pages via a new "Notes on the Data" link (www.federalreserve.gov/releases/h8/h8notes.htm). Previously published "Notes on the Data" back to December 16, 2005, are available via that link.2009-02-27T16:15:00-05:00enFRBend=9999-12-31T00:00:00-05:00Link to Previously Published "Notes on the Data" Now Available 2009-02-27T16:15:00-05:00H8http://www.federalreserve.gov/feeds/H8.html#149Effective with this release, several changes have been made to the layout of the balance sheet items reported on the H.8: The balance sheet items on the seasonally adjusted and not seasonally adjusted pages are now identical. For large domestically chartered banks, former item 4d, "Other securities, Investment account, Other," has been disaggregated into items 4b2 and 4b3, "Mortgage-backed" and "Other." Historical data beginning October 2, 1996, are available on the Federal Reserves web site. For foreign-related institutions, former item 7, "Real estate loans," has been renumbered as item 10 and renamed "Commercial real estate," which reflects the loan category more accurately. For small domestically chartered banks, former item 9, "Real estate loans, other," has been disaggregated into items 9 and 10, "Other residential" and "Commercial." Historical data beginning June 2, 2004, are available on the web site. For seasonally adjusted assets of large and small domestically chartered banks, former item 10, "Consumer loans," has been renumbered as item 11 and disaggregated into items 12 and 13, "Credit cards and other revolving plans" and "Other." Historical data beginning June 28, 2000, are available on the web site. For domestically chartered commercial banks and foreign-related institutions, former item 11, "Security loans," has been renumbered as item 14 and disaggregated into items 15 and 16, "Fed funds and RPs with brokers" and "Other." Historical data beginning January 3, 1973, are available on the web site. For foreign-related institutions, former item 12, "Other loans and leases," has been renumbered as item 17 and disaggregated into items 17a and 17b, "Fed funds and RPs with others" and "Other." Historical data beginning January 3, 1973, are available on the web site. For small domestically chartered banks and foreign-related institutions, former item 13, "Interbank loans," has been renumbered as item 18 and disaggregated into items 19 and 20, "Fed funds and RPs with banks" and "Other." Historical data are available on the web site beginning January 6, 1988, for small domestically chartered banks and January 3, 1973, for foreign-related institutions. For foreign-related institutions, former item 19, "Nontransaction deposits," has been renumbered as item 26 and a component, "Large time" has been added (item 27). Historical data beginning January 3, 1973, are available on the web site. For large domestically chartered banks and foreign-related institutions, former memo items 29 and 30, "Reval. gains (losses) on off-bal. sheet items," have been renamed as "Derivatives with a positive (negative) fair value" and moved onto the balance sheet as items 4a1 and 33a. The remaining memo items have been moved to the end of the balance sheet pages. Historical data beginning October 2, 1996, are available on the web site. 2008-07-18T16:15:00-04:00enFRBend=9999-12-31T00:00:00-05:00Changes to Items Reported on the Release for July 9, 20082008-07-18T16:15:00-04:00H8http://www.federalreserve.gov/feeds/H8.html#148The adoption by some banks of FAS 159, The Fair Value Option for Financial Assets and Financial Liabilities (FVO), affected commercial bank balance sheet data for April 2, 2008. The "Notes on the Data" section on page 14 of the H.8 Statistical Release contains information on the affected balance sheet items.For more information on FAS 159, please refer to www.fasb.org/st/summary/stsum159.shtml.2008-04-11T16:15:00-04:00enFRBend=9999-12-31T00:00:00-05:00Supplementary Information Regarding Balance Sheet Data for April 2, 20082008-04-11T16:15:00-04:00H8http://www.federalreserve.gov/feeds/H8.html#147 Effective with this release of data for October 24, 2007, a change has been made to the memo items for small domestically chartered banks (page 13). Former item 33a, securitized consumer loans consisting of "Credit cards and related plans," and former item 33b, securitized consumer loans consisting of "Other" types of consumer loans, have been discontinued. Also effective with this release, the "Notes on the Data" section at the end of the release will describe nonbank structure activity only when the net effect on bank assets is $5.0 billion or more. Detail will be provided for components with a net effect of $0.5 billion or more.2007-11-02T16:15:00-04:00enFRBend=9999-12-31T00:00:00-05:00Supplementary Information Regarding Balance Sheet Data for October 24, 20072007-11-02T16:15:00-04:00H8http://www.federalreserve.gov/feeds/H8.html#146 The seasonally adjusted data released on July 13, 2007--both the H.8 statistical release and the associated historical data--were based inadvertently on a set of newly estimated seasonal factors. These seasonal factors did not represent our final estimates and should not have been published. In today's H.8 statistical release and in the associated historical data, we have restored the previous set of seasonal factors. In addition, we have corrected the H.8 statistical release of July 13, 2007, by restoring the previous set of seasonal factors to those data. We will publish newly estimated seasonal factors when they have been finalized.2007-07-20T16:15:00-04:00enFRBend=9999-12-31T00:00:00-05:00Supplementary Information Regarding Balance Sheet Data for July 11, 20072007-07-20T16:15:00-04:00H8http://www.federalreserve.gov/feeds/H8.html#145Effective with this release of data for July 4, 2007, several changes have been made to the balance sheet items reported for large and small domestically chartered commercial banks: For seasonally adjusted and not seasonally adjusted assets and liabilities of large domestically chartered banks (pages 5 and 7), former item 12a, "State and local government" loans, and former item 12b, "Agricultural" loans, have been discontinued and the remaining three items under item 12 have been renumbered as 12a through 12c. Data for the two discontinued items have been aggregated into renumbered item 12b, "All other loans." For seasonally adjusted and not seasonally adjusted assets and liabilities of small domestically chartered banks (pages 9 and 10), former item 11, "Security" loans, has been discontinued and data for this item have been aggregated into existing item 12, "Other loans and leases." For memo items of large domestically chartered banks (page 13), former item 34, "Securitized business loans," has been discontinued. On the same page, new item 34, "Securitized real estate loans," has been added to the memo items for both large and small domestically chartered banks. The data also reflect shifts in reporters between the large and small domestic bank reporting panels.2007-07-13T16:15:00-04:00enFRBend=9999-12-31T00:00:00-05:00Changes to Items Reported on the Release for July 4, 20072007-07-13T16:15:00-04:00H8http://www.federalreserve.gov/feeds/H8.html#144The adoption by some banks of FAS 159, Fair Value Option for Financial Assets and Liabilities (FVO), affected commercial bank balance sheet data for April 4, 2007. The "Notes on the Data" section on page 14 of the H.8 Statistical Release contains information on the affected balance sheet items.Under FVO, banks generally have an irrevocable option to elect a fair value measurement for most financial assets and liabilities at their inception. In addition, at the time of FVO adoption, banks have a one-time option to convert a broad array of existing asset and liability items to a fair value measurement basis. A bank that elects to adopt FVO must also adopt FAS 157, Fair Value Measurements. For more information on FAS 159 and FAS 157, refer to www.fasb.org/st/summary/stsum159.shtml and www.fasb.org/st/summary/stsum157.shtml, respectively. 2007-04-13T16:15:00-04:00enFRBend=9999-12-31T00:00:00-05:00Supplementary Information Regarding Balance Sheet Data for April 4, 20072007-04-13T16:15:00-04:00H8http://www.federalreserve.gov/feeds/H8.html#141Effective with this release, several changes are being made to the balance sheet items reported for large and small domestically chartered banks.2004-06-14T10:38:00-04:00enFRBend=9999-12-31T00:00:00-05:00Changes to Items Reported on the Release for June 2, 2004 2004-06-14T10:38:00-04:00H8http://www.federalreserve.gov/feeds/H8.html#142Commercial bank balance sheet data back to December 17, 2003, have been revised to reflect further information on consolidations of the assets and liabilities of variable interest entities onto the balance sheets of the banks that sponsor them. Variable interest entities encompass many entities that have been commonly referred to as special purpose entities. For more information on these consolidations, please see Financial Accounting Standards Board Interpretation No. 46, Consolidation of Variable Interest Entities, available at http://www.fasb.org. The original amounts of these consolidations reported for December 17 on the H.8 release dated December 29, 2003, have been revised as follows: H.8 balance sheet item 4, other securities, from $6 billion to about $7 billion, balance sheet item 6, commercial and industrial loans, from $9 billion to about $17 billion, and balance sheet item 12, other loans and leases, from $13 billion to about $47 billion.2004-01-16T10:47:00-05:00enFRBend=9999-12-31T00:00:00-05:00Revised Supplementary Information Regarding Balance Sheet Data for December 17, 20032004-01-16T10:47:00-05:00H8http://www.federalreserve.gov/feeds/H8.html#140A number of balance sheet items have changed as a result of declines in some banks' reported consolidations of variable interest entities (VIEs). Most of these declines reflect some banks' decisions to stop consolidating their VIEs in response to the announcement by the Financial Accounting Standards Board on October 9 that it had decided to defer the implementation of its Interpretation No. 46, Consolidation of Variable Interest Entities from the first reporting period beginning after June 15, 2003 to the first reporting period ending after December 15, 2003. For further information, please see the FASB website, www.fasb.org. In addition, a small part of the decline reflects a restructuring of some VIEs so that they no longer need to be consolidated on bank balance sheets. The balance sheet items affected are other securities, item 4, other loans and leases, item 12, and borrowings from others, item 24. Some of these changes extend back to July 2. Revised data for the H.8 statistical release are available on the Board's website, www.federalreserve.gov/releases.2003-10-17T16:15:00-04:00enFRBend=9999-12-31T00:00:00-05:00Supplementary Information Regarding Balance Sheet Data for October 8, 20032003-10-17T16:15:00-04:00H8http://www.federalreserve.gov/feeds/H8.html#139Commercial bank balance sheet data for October 1, 2003, have been affected by consolidations of the assets and liabilities of several variable interest entities onto the balance sheets of the banks that sponsor them. Variable interest entities encompass many entities that have been commonly referred to as special purpose entities. These consolidations were implemented in accordance with Financial Accounting Standards Board Interpretation No. 46. For more information on these consolidations, please see Financial Accounting Standards Board Interpretation No. 46, Consolidation of Variable Interest Entities, available at www.fasb.org. Preliminary information suggests that these consolidations have increased H.8 balance sheet item 4, other securities, by about $9 billion, balance sheet item 12, other loans and leases, by about $6 billion, and balance sheet item 24, borrowings from others, by about $15 billion. 2003-10-10T16:15:00-04:00enFRBend=9999-12-31T00:00:00-05:00Supplementary Information Regarding Balance Sheet Data for October 1, 20032003-10-10T16:15:00-04:00H8http://www.federalreserve.gov/feeds/H8.html#138Commercial bank balance sheet data for July 2, 2003, have been affected by consolidations of the assets and liabilities of several variable interest entities onto the balance sheets of the banks that sponsor them. Variable interest entities encompass many entities that have been commonly referred to as special purpose entities. These consolidations were implemented in accordance with Financial Accounting Standards Board Interpretation No. 46. For more information on these consolidations, please see Financial Accounting Standards Board Interpretation No. 46, Consolidation of Variable Interest Entities, available at www.fasb.org/int46.shtml. Preliminary information suggests that these consolidations have increased H.8 balance sheet item 4, other securities, by about $3 billion, balance sheet item 6, commercial and industrial loans, by about $17 billion, balance sheet item 12, other loans and leases, by about $40 billion, and balance sheet item 24, borrowings from others, by about $60 billion.2003-07-11T16:15:00-04:00enFRBend=9999-12-31T00:00:00-05:00Supplementary Information Regarding Balance Sheet Data for July 2, 20032003-07-11T16:15:00-04:00H8http://www.federalreserve.gov/feeds/H8.html#137 Monthly estimates of total bank credit and its major components, seasonally adjusted and not seasonally adjusted, have been extended back from January 1973, the former start date for all the bank credit series, to January 1947. The components that have been extended are holdings of U.S. government securities, holdings of other securities, and the following loan categories: commercial and industrial, real estate, consumer, security, and "all other." Data in the H.8 are for all commercial banks in the United States, which consist of domestically chartered banks and foreign-related institutions (mainly U.S. branches and agencies of foreign banks). The data for 1973 through 1987 report totals for all institutions as well as subtotals for domestically chartered banks and for foreign-related institutions; beginning in 1988, the data are further disaggregated between large and small domestically chartered banks. The extended data (1947-72) show only all-institution totals. As with the current data, the extended monthly data are prorated averages of Wednesday values. The weekly Wednesday data underlying the monthly averages mix actual historical observations with estimates that are based on linear interpolations of semimonthly, monthly, and, in a few cases, lower-frequency observations. Several bank credit series received generally minor revisions for the 1973-87 period when the longer time series were introduced.2002-07-29T16:16:00-04:00enFRBend=9999-12-31T00:00:00-05:00Extension of Major Bank Credit Series to 19472002-07-29T16:16:00-04:00H8http://www.federalreserve.gov/feeds/H8.html#136Effective with this edition of the H.8 statistical release, the Federal Reserve is discontinuing the publication of the District-specific balance sheet data of large, domestically chartered banks that appeared on pages 11 through 14 of the release. The reason for the change is that, with the ability of banks to establish branches virtually nationwide as of June 1, 1997, a number of large bank holding companies have converted banks located across several Federal Reserve Districts into branches of a single bank. These consolidations have significantly shifted bank balance sheet items among Federal Reserve Districts, further weakening the connection between banking data reported separately by Federal Reserve District and actual banking activities in each District. However, the item coverage of the aggregate balance sheets of large banks in the H.8 has been expanded to retain the national totals of some of the items in the District tables that had not appeared in the national tables. As a result, the H.8 now reports the large bank data on four pages rather than two. 2002-07-29T16:15:00-04:00enFRBend=9999-12-31T00:00:00-05:00Discontinuation of District-specific balance sheet data2002-07-29T16:15:00-04:00H8