H.8(510)                                                                                                               October 11, 1996

                                 NOTE TO USERS OF THE H.8

With this issue, a number of changes are being made to the H.8.  Most of the tables presenting seasonally adjusted balance sheet data are
unaffected, but the not seasonally adjusted tables now contain certain balance sheet items collected for the first time as of the reporting week
ending October 2, 1996.   In addition, balance sheets for large and small domestically chartered banks are now being published only on a
merger-adjusted basis, that is adjusted for the effects on each bank group of mergers across groups;  balance sheets for these bank groups not
adjusted for merger effects have been dropped from the H.8.  Finally, some of the balance sheet data formerly published in the H.4.2
statistical release, which has been discontinued, now appear in the H.8.  A brief summary of the tables of the new H.8 and changes relative to
the previous version of the H.8 follows.

     Tables containing seasonally adjusted balance sheet items for all commercial banks in the United States and for domestically chartered
     banks in the United States (the first and third tables) are unchanged.  However, the not seasonally adjusted versions of these tables
     (tables two and four) now contain balance sheet items collected for the first time commencing with the week ending October 2, 1996.
     The table containing seasonally adjusted balance sheet data for large domestically chartered banks (the fifth table) is now more
     detailed than previously.  The table containing not seasonally adjusted data for large banks (the sixth table) includes,  in addition,
     balance sheet items available as of October 2.
     The table containing seasonally adjusted balance sheet data for small domestically chartered banks (the seventh table) is unchanged.
     The not seasonally adjusted version of the small bank balance sheet (the eighth table) contains a balance sheet item available as of
     October 2.
     The table containing seasonally adjusted balance sheet items for foreign-related institutions (the ninth table) is unchanged.  The table
     containing not seasonally adjusted data (the tenth table) contains several items available as of October 2.
     The eleventh table presents a national summary for all of the balance sheet items collected from large domestic banks and a
     disaggregation of most of these items by Federal Reserve district.  (A few items are not disaggregated by district for reasons of
     confidentiality.)  Large bank balance sheet detail previously appeared in the H.4.2 statistical release.

The H.8 will continue to be released each Friday around 4:15 p.m. and will be posted to the Board's web site (http://www.bog.frb.fed.us/).
The H.8 is also available by subscription from the Board's Publication Section (202-452-3245).  In addition, current and historical data are
available electronically on the Commerce Department's economic bulletin board.  For subscription information, call 202-482-1986.


H.8 (510)                                         pg.1
 ASSETS AND LIABILITIES OF COMMERCIAL BANKS IN THE UNITED STATES (1)                                                                           For immediate release
 Seasonally adjusted, billions of dollars                                                                                                         October 11, 1996

 

 

 H.8 (510)    pg.2
 ASSETS AND LIABILITIES OF COMMERCIAL BANKS IN THE UNITED STATES (1)
 Not seasonally adjusted, billions of dollars
 

 

 H.8 (510)   pg.3
 ASSETS AND LIABILITIES OF DOMESTICALLY CHARTERED COMMERCIAL BANKS IN THE UNITED STATES (1)
 Seasonally adjusted, billions of dollars
 

 

 

 H.8 (510)  pg.4
 ASSETS AND LIABILITIES OF DOMESTICALLY CHARTERED COMMERCIAL BANKS IN THE UNITED STATES (1)
 Not seasonally adjusted, billions of dollars
 

 

H.8 (510)  pg.5
 ASSETS AND LIABILITIES OF LARGE  DOMESTICALLY CHARTERED COMMERCIAL BANKS IN THE UNITED STATES (1)
 Seasonally adjusted, adjusted for mergers, billions of dollars
 

 

H.8 (510)  pg.6
 ASSETS AND LIABILITIES OF LARGE DOMESTICALLY CHARTERED COMMERCIAL BANKS IN THE UNITED STATES (1)
 Not seasonally adjusted, adjusted for mergers, billions of dollars
 

 

 H.8 (510)  pg 7
 ASSETS AND LIABILITIES OF SMALL DOMESTICALLY CHARTERED COMMERCIAL BANKS IN THE UNITED STATES (1)
 Seasonally adjusted, adjusted for mergers, billions of dollars
 

 

 

 H.8 (510) pg.8
 ASSETS AND LIABILITIES OF SMALL DOMESTICALLY CHARTERED COMMERCIAL BANKS IN THE UNITED STATES (1)
 Not seasonally adjusted, adjusted for mergers, billions of dollars
 

 

 

 H.8 (510) pg.9
 ASSETS AND LIABILITIES OF FOREIGN-RELATED INSTITUTIONS IN THE UNITED STATES (1)
 Seasonally adjusted, billions of dollars
 

 

 

 H.8 (510) pg. 10
 ASSETS AND LIABILITIES OF FOREIGN-RELATED INSTITUTIONS IN THE UNITED STATES (1)
 Not seasonally adjusted, billions of dollars
 

 

 

 

H.8 (510) pg.11
ASSETS AND LIABILITIES OF LARGE DOMESTICALLY CHARTERED COMMERCIAL BANKS IN THE UNITED STATES, BY DISTRICT (1)
Not seasonally adjusted, billions of dollars

 

H.8 (510) pg.12
ASSETS AND LIABILITIES OF LARGE DOMESTICALLY CHARTERED COMMERCIAL BANKS IN THE UNITED STATES, BY DISTRICT (1)
Not seasonally adjusted, billions of dollars
 

 

H.8 (510) pg.13
ASSETS AND LIABILITIES OF LARGE DOMESTICALLY CHARTERED COMMERCIAL BANKS IN THE UNITED STATES, BY DISTRICT (1)
Not seasonally adjusted, billions of dollars
 

 

H.8 (510) pg.14
ASSETS AND LIABILITIES OF LARGE DOMESTICALLY CHARTERED COMMERCIAL BANKS IN THE UNITED STATES, BY DISTRICT (1)
Not seasonally adjusted, billions of dollars
 

 

 

H.8 (510)       Footnotes
 

Note: This release is available on the Federal Reserve Board's web site: http://www.bog.frb.fed.us/. Current and historical
data are available on the Commerce Department's economic bulletin board. For information call 202-482-1986.
 

1.  Covers the following types of institutions in the fifty states and the District of Columbia: domestically chartered
    commercial banks that submit a weekly report of condition (large domestic); other domestically chartered commercial banks
    (small domestic); branches and agencies of foreign banks, and Edge Act and Agreement corporations (foreign-related
    institutions). Excludes International Banking Facilities. Data are Wednesday values or pro rata averages of Wednesday
    values. Large domestic banks constitute a universe; data for small domestic banks and foreign-related institutions are
    estimates based on weekly samples and on quarter-end condition reports. Data are adjusted for breaks caused by
    reclassifications of assets and liabilities.
    The data for large and small domestic banks presented on pages 5 to 8 are
    adjusted to remove the estimated effects of mergers between these two groups. The adjustment for mergers changes past
    levels to make them comparable with current levels. Estimated quantities of balance sheet items acquired in mergers
    are removed from past data for the bank group that contained the acquired bank and put into past data for the group
    containing the acquiring bank. Balance sheet data for acquired banks are obtained from call reports, and a ratio procedure
    is used to adjust past levels.
2.  Excludes federal funds sold to, reverse RPs with, and loans made to commercial banks in the United States, all of which
    are included in line 13.
3.  Consists of reverse RPs with brokers and dealers and loans to purchase and carry securities.
4.  Includes vault cash, cash items in process of collection, balances due from depository institutions, and balances due
    from Federal Reserve Banks.
5.  Excludes the due-from position with related foreign offices, which is included in line 25.
6.  Excludes unearned income, reserves for losses on loans and leases, and reserves for transfer risk. Loans are reported
    gross of these items.
7.  This balancing item is not intended as a measure of equity capital for use in capital adequacy analysis. On a seasonally
    adjusted basis this item reflects any differences in the seasonal patterns estimated for total assets and total
    liabilities.
8.  Fair value of derivative contracts (interest rate, foreign exchange rate, other commodity and equity contracts) in a
    gain/loss position, as determined under FASB  Interpretation No. 39.
9.  Includes mortgage-backed securities issued by U.S. government agencies, U.S. government-sponsored enterprises, and private entities.
10. Difference between fair value and historical cost for securities classified as available-for-sale under FASB Statement
    No. 115. Data are reported net of tax effects. Data shown are restated to include an estimate of these tax effects.
11. Mainly commercial and industrial loans, but also includes an unknown amount of credit extended to other than
    non-financial businesses.
12. Includes the due-from position with related foreign offices.
13. Includes the due-to position with related foreign offices.
14. Disaggregation by District not available. The trading account components of securities (lines 3a and 4a) are included
    in line 15.