Federal Reserve Statistical Release, G.20, Finance Companies; title with eagle logo links to Statistical Release home page
Release Date: September 1, 2011
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G.20                                                      FINANCE COMPANIES 1                                     For immediate release
                                                               June 2011                                                 September 2011

OWNED AND MANAGED RECEIVABLES OUTSTANDING 2,3
Seasonally adjusted
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                                                                                 2010                            2011
                                                                        _______________________ _______________________________________

                                 2006    2007    2008    2009    2010     Q2      Q3      Q4      Q1     Q2 p     Apr    May r   Jun p
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Percent change at annual rate 4
     Total                         6.1     2.1    -6.4   -15.5    -8.3   -10.2    -7.5    -6.0    -5.5    -8.4   -18.0    -9.4     2.1
       Consumer                    5.6     7.9    -5.8   -16.3    -8.0    -9.8   -18.4     0.3    -0.6    -6.3   -17.1    -6.0     4.1
       Real estate                 9.1    -6.6   -15.2   -10.6   -13.3   -10.8   -10.6   -16.8   -18.9    -6.7   -17.3   -13.8    11.1
       Business                    3.8     3.1     1.2   -18.4    -4.3   -10.3    10.8    -5.6    -1.6   -12.6   -19.9   -10.6    -7.6

Amount: billions of dollars
     Total                      2014.8  2057.2  1926.3  1626.8  1492.0  1543.8  1514.8  1492.0  1471.3  1440.4  1449.2  1437.9  1440.4
       Consumer                  818.6   883.3   832.5   696.4   640.9   671.3   640.4   640.9   639.8   629.7   630.7   627.6   629.7
       Real estate               614.0   573.7   486.5   435.0   377.0   404.3   393.6   377.0   359.3   353.3   354.1   350.0   353.3
       Business                  582.2   600.1   607.3   495.4   474.1   468.1   480.8   474.1   472.2   457.4   464.4   460.3   457.4
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AUTO LOANS: TERMS OF CREDIT 5
Percent except as noted: not seasonally adjusted
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  New car loans
     Interest rates               4.99    4.87    5.52    3.82    4.26    4.09    4.08    4.57    4.73     n.a.    n.a.    n.a.    n.a.
     Maturity (months)            63.0    62.0    63.4    62.0    63.0    62.9    63.8    62.5    62.3     n.a.    n.a.    n.a.    n.a.
     Loan-to-value ratio            94      95      91      90      86      87      87      82      80     n.a.    n.a.    n.a.    n.a.
     Amount financed (dollars)  26,620  28,287  26,178  28,272  27,959  27,888  28,081  27,423  26,673     n.a.    n.a.    n.a.    n.a.

  Used car loans
     Interest rates               9.61    9.24    8.74    9.41    8.16    8.17    8.06    7.97    7.73     n.a.    n.a.    n.a.    n.a.
     Maturity (months)            59.4    60.7    59.8    59.2    62.6    62.6    62.9    63.4    64.5     n.a.    n.a.    n.a.    n.a.
     Loan-to-value ratio            99     100      98     101      96      95      96      96      96     n.a.    n.a.    n.a.    n.a.
     Amount financed (dollars)  16,671  17,095  16,664  16,225  18,124  18,171  18,085  18,424  18,723     n.a.    n.a.    n.a.    n.a.

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  1.  Includes finance company subsidiaries of bank holding companies but not of retailers and banks.
  2.  Owned receivables are those carried on the balance sheet of the institution.  Managed receivables are outstanding balances of
  pools upon which securities have been issued; these balances are no longer carried on the balance sheets of the loan originator.
  Data are shown before deductions for unearned income and losses.  Components may not add to totals because of rounding.
  3.  Seasonally adjusted series have been revised from January 1998 forward as a result of new seasonal factors.
  4.  The series may contain breaks that result from discontinuities in source data. Growth rates are adjusted to exclude the effect
  of such breaks.
  5.  Data are volume-weighted averages covering all loans of each type purchased during the month. The statistical foundation
      for these series has deteriorated in the past few months. Therefore, publication of these series is temporarily being suspended.
      The statistical foundation is in the process of being improved, and publication will resume as soon as possible.





OWNED AND MANAGED RECEIVABLES OUTSTANDING 2
(Billions of dollars)
Not seasonally adjusted
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                                                                                        2010                            2011
                                                                               _______________________ _______________________________________

                                        2006    2007    2008    2009    2010     Q2      Q3      Q4      Q1     Q2 p     Apr    May r   Jun p
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  Total                                2025.4  2065.6  1932.4  1630.6  1495.6  1540.5  1518.5  1495.6  1467.2  1437.6  1447.4  1439.5  1437.6

    Consumer                            825.4   891.1   840.2   703.0   646.9   666.2   647.8   646.9   633.3   624.9   624.8   622.9   624.9
      Motor vehicle loans               259.8   261.5   247.7   205.6   185.1   195.3   190.5   185.1   185.2   177.6   178.7   176.7   177.6
      Motor vehicle leases              106.0   122.9   111.1    85.4    72.7    77.2    74.8    72.7    73.3    73.8    73.3    73.5    73.8
      Revolving 6                        79.9    86.0    74.4    46.4    71.9    65.9    67.2    71.9    69.0    70.1    68.5    69.1    70.1
      Other 7                           194.7   236.5   253.7   235.8   261.5   266.0   258.6   261.5   255.6   253.6   254.6   253.3   253.6
      Securitized assets 8
        Motor vehicle loans             112.8   110.7    85.1    67.3    50.4    56.2    51.3    50.4    45.2    45.0    44.8    45.4    45.0
        Motor vehicle leases              3.6     3.1     2.7     2.3     2.0     2.2     2.1     2.0     2.0     1.9     1.9     1.9     1.9
        Revolving                        15.9    25.6    25.5    24.1     0.1     0.2     0.1     0.1     0.1     0.1     0.1     0.1     0.1
        Other                            52.8    44.7    40.0    36.2     3.0     3.3     3.2     3.0     2.9     2.8     2.9     2.9     2.8

    Real estate                         614.8   572.4   483.9   431.9   374.4   401.6   391.6   374.4   361.0   350.9   356.5   353.0   350.9
      One-to-four family                538.1   472.7   375.4   327.7   280.6   303.3   295.3   280.6   270.0   263.0   266.8   263.9   263.0
      Other                              56.2    59.1    72.5    69.7    63.6    67.7    66.0    63.6    61.0    58.1    59.8    59.1    58.1
      Securitized assets 8
        One-to-four family               16.8    34.9    31.0    30.3    29.6    29.9    29.8    29.6    29.4    29.3    29.4    29.3    29.3
        Other                             3.7     5.6     5.0     4.3     0.6     0.6     0.6     0.6     0.6     0.6     0.6     0.6     0.6

    Business                            585.2   602.2   608.3   495.6   474.3   472.7   479.1   474.3   472.9   461.9   466.1   463.6   461.9
      Motor vehicles                    105.1   105.7    95.1    63.4    68.1    67.1    67.3    68.1    66.1    62.2    64.2    62.7    62.2
        Retail loans                     17.1    16.4    12.8    10.1     9.3    11.0    10.8     9.3     9.2     9.4     9.2     9.2     9.4
        Wholesale loans 9                55.7    56.9    51.3    37.0    43.3    41.6    40.7    43.3    42.9    39.0    41.0    39.6    39.0
        Leases                           32.3    32.4    31.0    16.3    15.4    14.5    15.8    15.4    14.0    13.8    14.0    13.9    13.8
      Equipment                         299.5   328.2   347.0   296.9   307.1   290.3   308.9   307.1   307.0   299.7   304.1   301.4   299.7
        Loans                           102.4   111.4   115.9    92.2   113.1    93.5   113.5   113.1   112.1   108.5   111.4   109.4   108.5
        Leases                          197.1   216.9   231.1   204.7   194.0   196.8   195.5   194.0   194.9   191.2   192.7   192.1   191.2
      Other business receivables 10      93.5    89.0    97.8    88.6    65.9    81.8    69.5    65.9    66.6    67.0    64.6    66.4    67.0
      Securitized assets 8
        Motor vehicles                   38.0    33.6    27.4    12.4     5.9     5.9     5.9     5.9     5.9     5.9     5.9     5.9     5.9
          Retail loans                    3.0     2.6     2.4     3.0     2.1     2.1     2.1     2.1     2.1     2.1     2.1     2.1     2.1
          Wholesale loans                34.9    30.9    25.0     9.4     3.8     3.8     3.8     3.8     3.8     3.8     3.8     3.8     3.8
          Leases                          0.1     0.1     0.0     0.0     0.0     0.0     0.0     0.0     0.0     0.0     0.0     0.0     0.0
        Equipment                        15.4    13.3    10.7     6.8     4.0     4.1     4.0     4.0     4.0     4.0     4.0     4.0     4.0
          Loans                           9.9     9.4     7.1     3.4     1.1     1.2     1.2     1.1     1.1     1.1     1.1     1.1     1.1
          Leases                          5.5     3.9     3.6     3.4     2.9     2.9     2.9     2.9     2.9     2.9     2.9     2.9     2.9
        Other business receivables 10    33.8    32.4    30.3    27.6    23.3    23.5    23.4    23.3    23.2    23.2    23.2    23.2    23.2
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    6.  Excludes revolving credit reported as held by depository institutions that are subsidiaries of finance companies.
    7.  Includes student loans, personal cash loans, mobile home loans, and loans to purchase other types of consumer goods such as
   appliances, apparel, boats, and recreation vehicles.
    8.  Outstanding balances of pools upon which securities have been issued; these balances are no longer carried on the balance sheets of
   the loan originator.
    9.  Credit arising from transactions between manufacturers and dealers, that is, floor plan financing.
    10.  Includes loans on commercial accounts receivable, factored commercial accounts, and receivable dealer capital; small loans used
   primarily for business or farm purposes; and wholesale and lease paper for mobile homes, recreation vehicles, and travel trailers.
    r=revised.  p=preliminary.
Release dates | Historical data | Data Download Program (DDP) | Announcements
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