Assets and Liabilities of U.S. Branches and Agencies of Foreign Banks

Release Date: December 2023
Assets and Liabilities of U.S. Branches and Agencies of Foreign Banks (Table 4.30) 1
September 30, 2023
Millions of dollars, except as noted
Item All states2 New York California Illinois
Total including IBFs3 IBFs only3 Total including IBFs IBFs only Total including IBFs IBFs only Total including IBFs IBFs only
1 Total assets4 3,095,065 60,215 2,727,769 45,393 40,127 10,062 120,257 260
 
2 Claims on nonrelated parties 2,881,342 34,507 2,571,551 32,705 39,584 700 120,256 0
 
3 Cash and balances due from depository institutions 1,096,012 6,732 987,817 6,442 8,508 290 14,474 0
4 Cash items in process of collection and unposted debits 63 0 55 0 0 0 5 0
5 Currency and coin (U.S. and foreign) 5 n.a. 3 n.a. 0 n.a. 0 n.a.
6 Balances with depository institutions in the U.S. 26,341 2,131 23,038 1,946 741 185 27 0
7 Balances with banks in foreign countries and with foreign central banks 12,284 4,600 12,122 4,495 105 105 2 0
8 Balances with Federal Reserve Banks 1,057,319 n.a. 952,598 n.a. 7,661 n.a. 14,439 n.a.
 
9 Total securities, held-to-maturity (amortized cost) and available for sale (fair value) 144,478 1,048 134,094 940 1,122 109 2,588 0
10 U.S. Treasury securities 55,771 n.a. 52,554 n.a. 202 n.a. 684 n.a.
11 Obligations of U.S. government agencies and corporations 3,136 n.a. 3,026 n.a. 61 n.a. 0 n.a.
12 Other bonds, notes, debentures, and corporate stock (including state and local securities) 85,571 1,048 78,515 940 859 109 1,904 0
13 Securities of foreign governmental units 35,289 600 31,536 600 228 0 1,338 0
14 Mortgage-backed securities 16,145 0 14,870 0 0 0 115 0
15 Issued or guaranteed by U.S. government agencies 14,302 0 13,028 0 0 0 115 0
16 Other 1,843 0 1,843 0 0 0 0 0
17 Other asset-backed securities 9,180 0 9,180 0 0 0 0 0
18 All Other 24,957 448 22,928 339 631 109 450 0
 
19 Federal Funds sold and securities purchased under agreements to resell 333,792 0 307,270 0 0 0 20,597 0
20 Federal funds sold 323 0 323 0 0 0 0 0
21 With commercial banks in the U.S. 83 0 83 0 0 0 0 0
22 With nonbank brokers and dealers in securities 150 0 150 0 0 0 0 0
23 With others 90 0 90 0 0 0 0 0
24 Securities purchased under agreements to resell 333,469 0 306,947 0 0 0 20,597 0
25 With commercial banks in the U.S. 26,454 0 19,123 0 0 0 7,331 0
26 With nonbank brokers and dealers in securities 42,541 0 28,843 0 0 0 13,266 0
27 With others 264,474 0 258,981 0 0 0 0 0
 
28 Total loans, gross 1,061,032 26,527 947,628 25,150 29,646 294 52,238 0
29 Less: Unearned income on loans 2,563 144 2,428 144 37 0 12 0
30 Loans, net 1,058,469 26,383 945,200 25,006 29,609 294 52,225 0
 
  Total loans, gross, by category  
31 Real estate loans 105,132 204 88,991 164 11,622 0 2,110 0
32 Loans to depository institutions and acceptances of other banks5 31,285 5,578 26,928 5,296 1,149 230 2,525 0
33 Commercial banks in the U.S. (including their IBFs) 1,327 392 1,044 177 283 215 0 0
34 U.S. branches and agencies of other foreign banks 1,266 392 1,036 177 230 215 0 0
35 Other commercial banks in the U.S. 61 0 8 0 53 0 0 0
36 Other depository institutions in the U.S. (including their IBFs) 0 0 0 0 0 0 0 0
37 Banks in foreign countries 29,958 5,186 25,884 5,119 866 15 2,525 0
38 Foreign branches of U.S. banks 21 0 21 0 0 0 0 0
39 Other banks in foreign countries 29,937 5,186 25,863 5,119 866 15 2,525 0
40 Loans to other financial institutions 214,715 682 188,734 682 3,028 0 21,924 0
41 Commercial and industrial loans 504,599 18,820 449,580 17,765 13,680 64 24,682 0
42 U.S. addressees (domicile) 397,711 87 353,652 3 11,435 0 22,894 0
43 Non-U.S. addressees (domicile) 106,888 18,733 95,929 17,762 2,245 64 1,787 0
44 Loans to foreign governments and official institutions (including foreign central banks) 1,730 303 1,702 303 17 0 0 0
45 Loans for purchasing or carrying securities (secured and unsecured) 61,773 0 51,277 0 72 0 331 0
46 All other loans 139,892 940 139,178 940 78 0 0 0
 
47 Lease financing receivables (net of unearned income) 1,905 0 1,238 0 0 0 667 0
48 U.S. addressees (domicile) 1,897 0 1,230 0 0 0 667 0
49 Non-U.S. addressees (domicile) 8 0 8 0 0 0 0 0
 
50 Trading assets 130,476 0 102,444 0 0 0 21,012 0
51 U.S. Treasury and agency securities 58,797 0 36,859 0 0 0 20,746 0
52 Other trading assets 71,678 0 65,585 0 0 0 266 0
 
53 Other assets including other claims on nonrelated parties 118,116 344 94,725 318 346 7 9,360 0
 
54 Net due from related depository institutions6 213,723 25,708 156,218 12,688 543 9,361 1 260
55 Net due from head office and other related depository institutions6 213,723 n.a. 156,218 n.a. 543 n.a. 1 n.a.
56 Net due from establishing entity, head office, and other related depository institutions6 n.a. 25,708 n.a. 12,688 n.a. 9,361 n.a. 260
 
57 Total liabilities4 3,095,065 60,215 2,727,769 45,393 40,127 10,062 120,257 260
 
58 Liabilities to nonrelated parties 2,297,443 39,225 2,084,591 25,185 19,638 9,805 81,904 260
 
59 Total deposits and credit balances 1,230,747 23,169 1,101,375 15,790 12,521 4,574 26,223 0
Item All states2 New York California Illinois
Total excluding IBFs3 IBFs only3 Total excluding IBFs IBFs only Total excluding IBFs IBFs only Total excluding IBFs IBFs only
60 Total deposits and credit balances 1,207,578 23,169 1,085,585 15,790 7,947 4,574 26,223 0
61 Individuals, partnerships, and corporations (including certified and official checks) 1,112,519 4,631 997,629 1,377 6,571 559 25,256 0
62 U.S. addressees (domicile) 965,165 10 870,621 1 4,506 0 24,302 0
63 Non-U.S. addressees (domicile) 147,354 4,621 127,008 1,376 2,065 559 954 0
64 Commercial banks in the U.S. (including their IBFs) 19,467 622 17,291 405 20 187 874 0
65 U.S. branches and agencies of other foreign banks 3,513 622 2,418 405 20 187 0 0
66 Other commercial banks in the U.S. 15,954 0 14,873 0 0 0 874 0
67 Banks in foreign countries 21,111 4,899 20,765 4,174 0 695 90 0
68 Foreign branches of U.S. banks 512 0 512 0 0 0 0 0
69 Other banks in foreign countries 20,599 4,899 20,253 4,174 0 695 90 0
70 Foreign governments and official institutions (including foreign central banks) 28,793 13,017 27,404 9,835 133 3,133 3 0
71 All other deposits and credit balances 25,687 0 22,496 0 1,223 0 0 0
 
72 Transaction accounts and credit balances (excluding IBFs) 299,042 n.a. 266,569 n.a. 341 n.a. 1,364 n.a.
73 Individuals, partnerships, and corporations (including certified and official checks) 267,939 n.a. 236,740 n.a. 335 n.a. 1,361 n.a.
74 U.S. addressees (domicile) 199,246 n.a. 178,898 n.a. 209 n.a. 1,283 n.a.
75 Non-U.S. addressees (domicile) 68,693 n.a. 57,842 n.a. 127 n.a. 78 n.a.
76 Commercial banks in the U.S. (including their IBFs) 6,089 n.a. 5,015 n.a. 0 n.a. 0 n.a.
77 U.S. branches and agencies of other foreign banks 1,234 n.a. 159 n.a. 0 n.a. 0 n.a.
78 Other commercial banks in the U.S. 4,856 n.a. 4,856 n.a. 0 n.a. 0 n.a.
79 Banks in foreign countries 18,882 n.a. 18,813 n.a. 0 n.a. 0 n.a.
80 Foreign branches of U.S. banks 10 n.a. 10 n.a. 0 n.a. 0 n.a.
81 Other banks in foreign countries 18,872 n.a. 18,803 n.a. 0 n.a. 0 n.a.
82 Foreign governments and official institutions (including foreign central banks) 3,591 n.a. 3,473 n.a. 5 n.a. 3 n.a.
83 All other deposits and credit balances 2,541 n.a. 2,529 n.a. 0 n.a. 0 n.a.
 
84 Nontransaction accounts (including MMDAs, excluding IBFs) 908,536 n.a. 819,016 n.a. 7,606 n.a. 24,858 n.a.
85 Individuals, partnerships, and corporations (including certified and official checks) 844,581 n.a. 760,889 n.a. 6,235 n.a. 23,894 n.a.
86 U.S. addressees (domicile) 765,920 n.a. 691,722 n.a. 4,297 n.a. 23,019 n.a.
87 Non-U.S. addressees (domicile) 78,661 n.a. 69,167 n.a. 1,938 n.a. 876 n.a.
88 Commercial banks in the U.S. (including their IBFs) 13,378 n.a. 12,276 n.a. 20 n.a. 874 n.a.
89 U.S. branches and agencies of other foreign banks 2,279 n.a. 2,259 n.a. 20 n.a. 0 n.a.
90 Other commercial banks in the U.S. 11,099 n.a. 10,017 n.a. 0 n.a. 874 n.a.
91 Banks in foreign countries 2,229 n.a. 1,952 n.a. 0 n.a. 90 n.a.
92 Foreign branches of U.S. banks 502 n.a. 502 n.a. 0 n.a. 0 n.a.
93 Other banks in foreign countries 1,728 n.a. 1,451 n.a. 0 n.a. 90 n.a.
94 Foreign governments and official institutions (including foreign central banks) 25,202 n.a. 23,931 n.a. 128 n.a. 0 n.a.
95 All other deposits and credit balances 23,147 n.a. 19,967 n.a. 1,222 n.a. 0 n.a.
 
96 IBF deposit liabilities n.a. 23,169 n.a. 15,790 n.a. 4,574 n.a. 0
97 Individuals, partnerships, and corporations (including certified and official checks) n.a. 4,631 n.a. 1,377 n.a. 559 n.a. 0
98 U.S. addresses (domicile) n.a. 10 n.a. 1 n.a. 0 n.a. 0
99 Non-U.S. addresses (domicile) n.a. 4,621 n.a. 1,376 n.a. 559 n.a. 0
100 Commercial banks in United States (including their IBFs) n.a. 622 n.a. 405 n.a. 187 n.a. 0
101 U.S. branches and agencies of other foreign banks n.a. 622 n.a. 405 n.a. 187 n.a. 0
102 Other commercial banks in United States n.a. 0 n.a. 0 n.a. 0 n.a. 0
103 Banks in foreign countries n.a. 4,899 n.a. 4,174 n.a. 695 n.a. 0
104 Foreign branches of U.S. banks n.a. 0 n.a. 0 n.a. 0 n.a. 0
105 Other banks in foreign countries n.a. 4,899 n.a. 4,174 n.a. 695 n.a. 0
106 Foreign governments and official institutions (including foreign central banks) n.a. 13,017 n.a. 9,835 n.a. 3,133 n.a. 0
107 All other deposits and credit balances n.a. 0 n.a. 0 n.a. 0 n.a. 0
 
Item All states2 New York California Illinois
Total including IBFs3 IBFs only3 Total including IBFs IBFs only Total including IBFs IBFs only Total including IBFs IBFs only
108 Federal funds purchased and securities sold under agreements to repurchase 553,204 2,161 512,577 2,046 115 25 35,009 90
109 Federal funds purchased 25,669 2,161 25,464 2,046 115 25 90 90
110 With commercial banks in the U.S. 1,254 0 1,164 0 90 0 0 0
111 With others 24,415 2,161 24,300 2,046 25 25 90 90
112 Securities sold under agreements to repurchase 527,535 0 487,113 0 0 0 34,919 0
113 With commercial banks in the U.S. 7,760 0 7,760 0 0 0 0 0
114 With others 519,774 0 479,353 0 0 0 34,919 0
 
115 Other borrowed money 345,973 13,576 330,951 7,091 6,621 5,180 1,550 170
116 Owed to nonrelated commercial banks in the U.S. (including their IBFs) 13,414 1,697 11,432 700 1,635 745 0 0
117 Owed to U.S offices of nonrelated U.S. banks 9,954 0 9,197 0 662 0 0 0
118 Owed to U.S. branches and agencies of nonrelated foreign banks 3,460 1,697 2,235 700 973 745 0 0
119 Owed to nonrelated banks in foreign countries 16,987 10,488 12,044 5,835 4,005 3,850 170 170
120 Owed to foreign branches of nonrelated U.S. banks 1,249 599 1,228 581 0 0 0 0
121 Owed to foreign offices of nonrelated foreign banks 15,739 9,890 10,815 5,255 4,005 3,850 170 170
122 Owed to others 315,572 1,391 307,475 556 981 585 1,380 0
 
123 Trading liabilities 74,780 1 61,192 1 0 0 11,369 0
 
124 Other liabilities to nonrelated parties 92,740 316 78,496 256 381 26 7,754 0
 
125 Net due to related depository institutions6 797,622 20,991 643,178 20,209 20,489 257 38,353 0
126 Net due to head office and other related depository institutions6 797,622 n.a. 643,178 n.a. 20,489 n.a. 38,353 n.a.
127 Net due to establishing entity, head office, and other related depository institutions6 n.a. 20,991 n.a. 20,209 n.a. 257 n.a. 0
 
  Memo  
128 Commercial and industrial loans with remaining maturity of one year or less (excluding those in nonaccrual status) 177,792 n.a. 143,427 n.a. 4,442 n.a. 21,997 n.a.
129 With predetermined interest rates 55,916 n.a. 48,738 n.a. 1,919 n.a. 3,325 n.a.
130 With floating interest rates 121,876 n.a. 94,689 n.a. 2,523 n.a. 18,671 n.a.
131 Commercial and industrial loans with remaining maturity of more than one year (excluding those in nonaccrual status) 323,495 n.a. 303,280 n.a. 9,206 n.a. 2,476 n.a.
132 With predetermined interest rates 31,030 n.a. 28,982 n.a. 241 n.a. 1,089 n.a.
133 With floating interest rates 292,464 n.a. 274,297 n.a. 8,966 n.a. 1,387 n.a.
 
Item All states2 New York California Illinois
Total excluding IBFs3 IBFs only3 Total excluding IBFs IBFs only Total excluding IBFs IBFs only Total excluding IBFs IBFs only
134 Time deposits of $100,000 or more (included in nontransaction accounts) 775,207 n.a. 711,893 n.a. 5,484 n.a. 21,561 n.a.
135 Of which, with remaining maturity of more than 12 months 14,750 n.a. 13,579 n.a. 567 n.a. 39 n.a.
 
Item All states2 New York California Illinois
Total including IBFs3 IBFs only3 Total including IBFs IBFs only Total including IBFs IBFs only Total including IBFs IBFs only
136 Immediately available funds with a maturity greater than one day included in other borrowed money 84,948 n.a. 79,368 n.a. 3,459 n.a. 170 n.a.
 
137 Number of reports filed7 170 n.a. 111 n.a. 31 n.a. 7 n.a.
  1. Data are aggregates of categories reported on the quarterly form FFIEC 002, `Report of Assets and Liabilities of U.S. Branches and Agencies of Foreign Banks.` The form was first used for reporting data as of June 30, 1980, and was revised as of December 31, 1985. From November 1972 through May 1980, U.S. branches and agencies of foreign banks had filed a monthly FR 886a report. Aggregate data from that report were available through the Federal Reserve monthly statistical release G.11, last issued on July 10, 1980. Data in this table and in the G.11 tables are not strictly comparable because of differences in reporting panels and in definitions of balance sheet items.   Return to table
  2. Includes the District of Columbia.   Return to table
  3. Effective December 1981, the Federal Reserve Board amended Regulations D and Q to permit banking offices located in the United States to operate international banking facilities (IBFs). Since December 31, 1985, data for IBFs have been reported in a separate column. These data are either included in or excluded from the total columns as indicated in the headings. The notation `n.a.` indicates that no IBF data have been reported for that item, either because the item is not an eligible IBF asset or liability or because that level of detail is not reported for IBFs. From December 1981 through September 1985, IBF data were included in all applicable items reported.   Return to table
  4. Total assets and total liabilities include net balances, if any, due from or owed to related banking institutions in the United States and in foreign countries (see note 5). On the former monthly branch and agency report, available through the G.11 monthly statistical release, gross balances were included in total assets and total liabilities. Therefore, total asset and total liability figures in this table are not comparable to those in the G.11 tables.   Return to table
  5. As of December 2022, the amounts reported in the line `Loans to depository institutions and acceptances of other banks` was corrected to exclude the amounts for `Loans to other financial institutions`, which had been erroneously included in this aggregate since at least 2004.  Return to table
  6. Related depository institutions includes the foreign head office and other U.S. and foreign branches and agencies of a bank, a bank`s parent holding company, and majority-owned banking subsidiaries of the bank and of its parent holding company (including subsidiaries owned both directly and indirectly).   Return to table
  7. In some cases, two or more offices of a foreign bank within the same metropolitan area file a consolidated report.  Return to table
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Last Update: December 29, 2023