Assets and Liabilities of Commercial Banks in the United States - H.8

Domestically chartered commercial banks acquired $84.5 billion in assets and liabilities of nonbank institutions in the week ending November 4, 2009. The major asset items affected were: Treasury and agency securities, mortgage-backed securities (MBS), $2.6; commercial and industrial loans, $1.8; real estate loans, revolving home equity loans, $6.4; real estate loans, closed-end residential loans, $76.3; real estate loans, commercial real estate loans, $6.3; all other loans and leases, $4.2; allowance for loan and lease losses, $1.4; interbank loans, fed funds and reverse RPs with banks, $9.5; cash assets, -$29.6; and other assets, $8.1. The major liability items affected were: deposits, large time deposits, $9.6; deposits, other deposits, $27.3; borrowings, borrowings from others, $37.0; and other liabilities, $0.6. The residual (assets less liabilities) increased $10.0.

Domestically chartered commercial banks acquired $12.9 billion in assets and liabilities of nonbank institutions in the week ending August 26, 2009. The major asset items affected were: Treasury and agency securities, mortgage-backed securities (MBS), $0.7; commercial and industrial loans, $2.2; real estate loans, closed-end residential loans, $1.1; real estate loans, commercial real estate loans, $4.0; cash assets, $3.1; and other assets, $1.6. The major liability items affected were: deposits, large time deposits, $3.1; deposits, other deposits, $7.8; and borrowings, borrowings from others, $1.8.

Domestically chartered commercial banks acquired $16.5 billion in assets and liabilities of nonbank institutions in the week ending August 5, 2009. The major asset items affected were: Treasury and agency securities, mortgage-backed securities (MBS), $0.9; real estate loans, revolving home equity loans, $1.1; real estate loans, closed-end residential loans, $6.1; real estate loans, commercial real estate loans, $0.7; cash assets, $0.7; and other assets, $5.5. The major liability items affected were: deposits, large time deposits, $1.5; deposits, other deposits, $11.1; borrowings, borrowings from others, $0.8; and other liabilities, $1.4. The residual (assets less liabilities) increased $1.7. The major memoranda item affected was: securitized real estate loans, $5.1.

Domestically chartered commercial banks acquired $119.1 billion in assets and liabilities of nonbank institutions in the week ending April 29, 2009. The major asset items affected were: Treasury and agency securities, mortgage-backed securities (MBS), $0.7; other securities, mortgage-backed securities, $9.4; commercial and industrial loans, $1.3; real estate loans, revolving home equity loans, $11.1; real estate loans, closed-end residential loans, $69.1; interbank loans, fed funds and reverse RPs with banks, $8.7; cash assets, $2.7; trading assets, derivatives with a positive fair value, $0.9; and other asset items, $17.8. The major liability items affected were: deposits, large time deposits, $6.5; deposits, other deposits, $25.4; borrowings from banks in the U.S., $19.7; borrowings from others, $51.5; trading liabilities, derivatives with a negative fair value, $0.6; and other liabilities, $2.5. The residual (assets less liabilities) increased $13.3. The major memoranda item affected was: net unrealized gains (losses) on available-for-sale securities, -$1.0.

Some of the data reported in the "Notes on the Data" section of the February 13, 2009, the October 24, 2008, and the October 10, 2008 releases have been revised. For domestically chartered banks in the week ending October 1, 2008, the major liability items that revised were: borrowings from others, $88.6 (instead of $81.2); and other liabilities, $13.7 (instead of $21.4). The major memoranda item that revised was: securitized real estate loans, $147.0 (instead of $133.2).

A memoranda item reported in the "Notes on the Data" section of the October 24, 2008 release has been revised. The memoranda item that was revised was: securitized real estate loans, $133.2 (instead of $82.8).

Some of the liability items reported in the "Notes on the Data" section of the December 12, 2008 release have been revised. Domestically chartered commercial banks acquired $125.8 billion in assets and liabilities of nonbanks and other institutions in the week ending December 3, 2008. The major liability items affected were: deposits, large time deposits, $24.6 (instead of $0.0); deposits, other deposits, $24.3 (instead of $0.0); borrowings from others, $26.7 (unchanged); and other liabilities, $50.2 (instead of $99.1).

Domestically chartered commercial banks acquired $125.8 in assets and liabilities of nonbank institutions in the week ending December 3, 2008. The major asset items affected were: Treasury and agency securities, $1.0; commercial and industrial loans, $2.1; fed funds and reverse RPs, $31.3; and other asset items, $91.4. The major liability items affected were: borrowings from others, $26.7; and other liabilities, $99.1.

Domestically chartered commercial banks acquired $16.6 in assets and liabilities of nonbank institutions in the week ending November 26, 2008. The major asset items affected were: Treasury and agency securities, mortgage-backed securities (MBS), $1.1; real estate loans, closed-end residential loans, $8.8; real estate loans, commercial real estate loans, $0.5; consumer loans, other consumer loans, $2.6; cash assets, $0.9; and other assets, $2.3. The major liability items affected were: deposits, other deposits, $12.0; borrowings from others, $3.8; and other liabilities, $1.6. The residual (assets less liabilities) increased $0.8.

Some of the data reported in the "Notes on the Data" section of the October 10, 2008 release have been revised. Domestically chartered commercial banks acquired $266.6 (instead of $259.2) in assets of nonbank institutions in the week ending October 1, 2008. The major asset items that revised were: Treasury and agency securities, mortgage-backed securities (MBS), $8.9 (instead of $9.6); Treasury and agency securities, non-MBS, $1.6 (instead of $0.0); other securities, mortgage-backed securities, $6.4 (instead of $8.6); other securities, non-MBS, $4.0 (instead of $4.7); and other asset items, $31.9 (instead of $22.3). The major liability items that revised were: deposits, other deposits, $141.3 (instead of $141.8); and other liabilities, $21.4 (instead of $16.2). The residual (assets less liabilities) increased $3.0 (instead of $0.0). The major memoranda items that revised were: securitized consumer loans, securitized credit cards and other revolving plans, $11.6 (instead of $16.5); and securitized real estate loans, $82.8 (instead of $90.5).

Domestically chartered commercial banks acquired $259.2 billion in assets and liabilities of nonbank institutions in the week ending October 1, 2008. The major asset items affected were: Treasury and agency securities, mortgage-backed securities (MBS), $9.6; other securities, mortgage-backed securities, $8.6; other securities, non-MBS, $4.7; commercial and industrial loans, $1.6; real estate loans, revolving home equity loans, $40.0; real estate loans, closed-end residential loans, $106.0; real estate loans, commercial real estate loans, $46.6; consumer loans, credit cards and other revolving plans, $15.5; cash assets, $8.0; and other asset items, $22.3. The major liability items affected were: deposits, large time deposits, $17.5; deposits, other deposits, $141.8; borrowings from others, $81.2; and other liabilities, $16.2. The major memoranda items affected were: securitized consumer loans, credit cards and other revolving plans, $16.5; and securitized real estate loans, $90.5.

Domestically chartered commercial banks divested $10.7 in assets and liabilities to nonbank institutions during the week ending August 20, 2008. The major asset items affected were: commercial and industrial loans, $6.5; all other loans and leases, $2.9; and other assets, $1.5. The major liability items affected were: net due to related foreign offices, $8.6; and other liabilities, $1.1. The residual (assets less liabilities) increased $1.0.

Domestically chartered commercial banks acquired $7.6 in assets and liabilities of nonbank institutions during the week ending July 9, 2008. The major asset items affected were: real estate loans, closed-end residential loans, $1.9; real estate loans, commercial real estate loans, $0.9; and all other loans and leases, $4.1. The residual (assets less liabililies) increased $7.6.

The data reported in the "Notes on the Data" section of the July 11, 2008 release have been revised. Domestically chartered commercial banks acquired $33.4 in assets and liabilities of nonbank institutions during the week ending July 2, 2008. The major asset items affected were: real estate loans, revolving home equity loans, $1.1; real estate loans, closed-end residential loans, $5.4; and other asset items, $25.9. The major liability items affected were: borrowings from others, $2.7; and other liabilities, $4.1. The residual (assets less liabilities) increased $26.6.

Domestically chartered commercial banks acquired $45.1 in assets and liabilities of nonbank institutions during the week ending July 2, 2008. The major asset items affected were: fed funds and reverse RPs with nonbanks, $1.0; and other asset items, $44.0. The major liability item affected was: other liabilities, $17.9. The residual (assets less liabilities) increased $27.1.

Foreign-related banks divested $25.3 in assets and liabilities to nonbank institutions in the week ending April 2, 2008. The major asset item affected was other securities, $25.3; the major liability item affected was net due to related foreign offices, $25.3.

Domestically chartered commercial banks acquired approximately $15.5 billion in assets and liabilities of nonbank institutions in the week ending February 13, 2008. The major asset items affected were: Treasury and agency securities, mortgage-backed securities (MBS), $1.0; real estate loans, revolving home equity loans, $1.1; real estate loans, closed-end residential loans, $3.4; real estate loans, commercial real estate loans, $1.9; fed funds and reverse RPs with banks, $2.9; and other assets, $4.4. The major liability items affected were: deposits, large time deposits, $1.1; deposits, other deposits, $6.1; borrowings from banks in the U.S., $0.8; and borrowings from others, $2.8. The residual (assets less liabilities) increased $4.4.

Domestically chartered commercial banks divested approximately $14.4 billion in assets and liabilities to nonbank institutions in the week ending February 6, 2008. The major asset items affected were: commercial and industrial loans, $10.5; real estate loans, commercial real estate loans, $3.1; and all other loans and leases, $0.8. The liability item affected was: borrowings from others, $14.4.

Domestically chartered commercial banks acquired approximately $9.9 billion in assets and liabilities of nonbank institutions in the week ending January 2, 2008. Estimates of the major asset items affected are: consumer loans, other consumer loans, $8.6; and other assets, $1.7. The major liability items affected were: borrowings from others, $6.3; and other liabilities, $3.1.

Domestically chartered commercial banks acquired approximately $62 billion in assets and liabilities of nonbank institutions in the week ending December 19, 2007. Estimates of the major asset items affected are: cash assets, $13.0; and other asset items, $49.0. The major liability items affected were: borrowings from others, $60.0; and other liabilities, $2.0.

Due to the conversion of a commercial bank to a thrift during the week ending November 21, 2007, the assets and liabilities of the commercial bank universe shrunk by approximately $13.6 billion. The major asset items affected were: Treasury and agency securities, $3.0; real estate loans, revolving home equity loans, $1.2; real estate loans, closed-end residential loans, $1.9; and other asset items, $5.6. The major liability item affected was: deposits, other deposits, $12.7.

Domestically chartered commercial banks acquired $78.3 billion in assets and liabilities of nonbank institutions in the week ending October 17, 2007. The major asset items affected were: real estate loans, revolving home equity loans, $1.3; real estate loans, closed-end residential loans, $65.2; cash assets, $0.2; and other assets, $11.6. The major liability items affected were: deposits, large time deposits, $25.2; deposits, other deposits, $49.1; borrowings from others, -$12.9; and other liabilities, $0.3. The residual (assets less liabilities) increased $16.6.

Domestically chartered commercial banks divested $12.1 billion in assets and liabilities to nonbank institutions in the week ending September 26, 2007. The major asset items affected were: Treasury and agency securities, $1.4; commercial and industrial loans, $0.8; real estate loans, revolving home equity loans, $0.9; real estate loans, closed-end residential loans, $6.6; consumer loans, $0.4; cash assets, $0.2; and other asset items, $1.8. The major liability items affected were: deposits, large time deposits, $1.4; deposits, other deposits, $8.4; borrowings from banks in the U.S., $0.1; borrowings from others, $1.0; and other liabilities, $0.2. The residual (assets less liabilities) increased $1.0.

Domestically chartered commercial banks acquired $14.5 billion in assets and liabilities of nonbank institutions in the week ending September 5, 2007. The major asset items affected were: Treasury and agency securities, mortgage-backed securities (MBS), $3.7; Treasury and agency securities, non-MBS, $0.2; other securities, non-MBS, $0.2; commercial and industrial loans, $2.0; real estate loans, revolving home equity loans, $0.8; real estate loans, closed-end residential loans, $3.5; real estate loans, commercial real estate loans, $1.2; consumer loans, other consumer loans, $1.3; other loans, $0.1; fed funds and reverse RPs with banks, $0.4; cash assets, $0.3; and other assets, $0.7. The major liability items affected were: deposits, large time deposits, $1.4; deposits, other deposits, $8.2; borrowings from others, $2.8; and other liabilities, $0.1. The residual (assets less liabilities) increased $1.0. The memoranda item affected was: net unrealized gains (losses) on available-for-sale securities, $0.1.

Domestically chartered commercial banks acquired $28.7 billion in assets and liabilities of nonbank institutions in the week ending July 4, 2007. The major asset items affected were: Treasury and agency securities, $1.5; real estate loans, closed-end residential loans, $0.3; commercial and industrial loans, $5.8; consumer loans, credit cards and other revolving plans, $2.6; consumer loans, other consumer loans, $8.2; other loans, $2.3; and other asset items, $1.4. The major liability item affected was: deposits, other deposits, $28.7. The residual (assets less liabilities) increased $2.9.

Domestically chartered commercial banks acquired $6.1 billion in assets and liabilities of nonbank institutions in the week ending June 20, 2007. The major asset items affected were: Treasury and agency securities, $2.1; commercial and industrial loans, $3.9; and cash assets, $0.2. The major liability item affected was: borrowings from others, $3.6. The residual (assets less liabilities) increased $2.5.

Domesically chartered commercial banks acquired $5.2 billion in assets and liabilities of nonbank institutions in the week ending April 18, 2007. The major asset items affected were: Treasury and agency securities, $0.6; real estate loans, revolving home equity loans, $0.3; real estate loans, closed-end residential loans, $1.3; real estate loans, commercial real estate loans, $1.6; commercial and industrial loans, $0.4; cash assets, $0.1; and other assets; $1.0. The major liability items affected were: deposits, large time deposits, $0.4; deposits, other deposits, $3.0; borrowings from banks in the U.S., $0.5; borrowings from others, $0.2; and other liabilities, $0.1. The residual (assets less liabilities) increased $1.0.

The assets of domestically chartered commercial banks were affected by movements between banks and nonbanks, on net, by -$5.7 billion in the week ending March 21, 2007. The major asset items affected were: Treasury and agency securities, $0.4; commercial and industrial loans, $0.1; real estate loans, closed-end residential loans, -$8.3; real estate loans, commercial real estate loans, $0.7; interbank loans, $0.4; and other assets, $0.9. The major liability items affected were: deposits, large time deposits, $0.8; deposits, other deposits, -$8.6; borrowings from banks in the U.S., $0.4; borrowings from others; $0.6; and other liabilities, $0.1. The residual (assets less liabilities) increased $1.1.

Due to the conversion of a commercial bank to a thrift during the week ending March 14, 2007, the assets of the commercial bank universe shrunk by approximately $98.6 billion. The major asset items affected were: Treasury and agency securities, $3.0; other securities, $9.2; real estate loans, revolving home equity loans, $14.2; real estate loans, close-end residential loans, $66.4; all other loans and leases, $0.2; interbank loans, $3.3; cash assets, $0.8; and other assets, $1.6. The major liability items affected were: deposits, large time deposits, $11.4; deposits, other deposits, $46.8; borrowings from others, $30.3; and other liabilities, $2.4. The residual (assets less liabilities) increased $8.5.

Domestically chartered commercial banks acquired $17.5 billion in assets and liabilities of nonbank institutions in the week ending November 29, 2006. The major asset items affected were: real estate loans, revolving home equity loans, $0.8; real estate loans, closed-end residential loans, $14.2; and real estate loans, commercial real estate loans, $0.5. The major liability items affected were: deposits, large time deposits, $8.0; and deposits, other deposits, $8.0.

Based on revised information, domestically chartered commercial banks acquired $206.1 billion in assets and liabilities of nonbank institutions in the week ending October 4, 2006. The major asset items affected were: Treasury and agency securities, mortgage-backed securites (MBS), $37.6; other securities, non-MBS, $1.4; commercial and industrial loans, $3.1; real estate loans, revolving home equity loans, $17.5; real estate loans, closed-end residential loans, $113.1; real estate loans, commercial real estate loans, $14.0; consumer loans, other consumer loans, $3.1; all other loans and leases, $1.2; interbank loans, $2.3; cash assets, $2.1; and other assets, $9.9. The major liability items affected were: deposits, large time deposits, $9.3; deposits, other deposits, $68.8; borrowings from others, $59.6; and other liabilities, $20.1. The residual (assets less liabilities) increased $48.3.

Domestically chartered commercial banks acquired $97.7 billion in assets and liabilities of nonbank institutions in the week ending October 4, 2006. The major asset items affected were: Treasury and agency securities, mortgage-backed securities (MBS), $37.6; other securities, non-MBS, $1.4; commercial and industrial loans, $3.1; real estate loans, revolving home equity loans, $17.5; real estate loans, closed-end residential loans, $4.6; real estate loans, commercial real estate loans, $14.0; consumer loans, other consumer loans, $3.1; all other loans and leases, $1.2; interbank loans, $2.3; cash assets, $2.1; and other assets, $9.9. The major liability items affected were: deposits, large time deposits, $9.3; deposits, other deposits, $58.8; and other liabilities, $20.1. The residual (assets less liabilities) increased $9.4.

Domestically chartered commercial banks divested $8.9 billion in assets and liabilities to nonbank institutions in the week ending August 9, 2006. The major asset items affected were: real estate loans, revolving home equity loans, $3.4; real estate loans, closed-end residential loans, $4.2; real estate loans, commercial real estate loans, $0.4; and interbank loans, $2.8.

Commercial bank balance sheet data for June 21, 2006 were affected by deconsolidations of the assets and liabilities of some variable interest entities (VIEs) from the balance sheets of the banks that sponsor them. The major asset items affected were: commercial and industrial loans, -$10.5; consumer loans, credit cards and other revolving plans, -$7.2; consumer loans, other consumer loans, -$11.5; all other loans and leases, -$2.9; and other asset items, -$1.7. The major liability item affected was: borrowings from others, -$33.8.

Domestically chartered banks acquired $16.5 billion in assets and liabilities of nonbanks in the week ending March 1, 2006. The major asset items affected were: Treasury and agency securities, mortgage-backed securities (MBS), $2.7; other securities, non-MBS, $0.1; commercial and industrial loans, $0.1; real estate loans, closed-end residential loans, $0.1; real estate loans, commercial real estate loans, $0.3; consumer loans, other consumer loans, $12.2; cash assets, $0.7; and other assets, $0.3. The major liability items affected were: deposits, large time deposits, $0.3; deposits, other deposits, $2.6; borrowings from others, $11.7; and other liabilities; $0.7.

Domestically chartered commercial banks acquired $11.9 billion in assets and liabilities of nonbank institutions in the week ending December 7, 2005. The major asset items affected were: Treasury and agency securities, $1.3; commercial and industrial loans, $1.6; real estate loans, revolving home equity loans, $0.6; real estate loans, closed-end residential loans, $3.5; real estate loans, commercial real estate loans, $2.7; consumer loans, other consumer loans, $1.4; other loans and leases, $0.2; and other asset items, $0.6. The major liability item affected was: deposits, other deposits, $11.9.