NOTE TO USERS OF THE H.8 The ability of banks to establish branches virtually nationwide became effective on June 1, 1997, and a number of large bank holding companies already have converted banks located across several Federal Reserve Districts into branches of a single bank. This has resulted in significant shifts of bank balance sheet items among Federal Reserve Districts, further weakening the connection between banking data reported for particular Federal Reserve Districts and actual banking activities in those Districts. In view of this development, the disaggregation of domestically chartered large bank balance sheets by Federal Reserve District that has appeared on pages 11 through 14 of the H.8 statistical release is being discontinued, effective with today's release. Because the discontinued tables, which also contained a national total, were somewhat more detailed than the aggregate large bank balance sheet tables that appear in the H.8, the item coverage of the latter tables has been expanded. As a result, the H.8 now reports the large bank data on four rather than two pages. Also effective today, historical H.8 data may be accessed through the Board's web site: http://www.bog.frb.fed.us/. Because of the Independence Day holiday, next week's H.8 release will be published on July 3, 1997. H.8 (510) ASSETS AND LIABILITIES OF COMMERCIAL BANKS IN THE UNITED STATES (1) For use at 4:15 p.m. Eastern Time Seasonally adjusted, billions of dollars June 27, 1997 Account 1996 1996 1996 1997 1997 1997 1997 1997 Week ending May Nov Dec Jan Feb Mar Apr May May 28 Jun 4 Jun 11 Jun 18 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,664.6 3,744.7 3,773.6 3,809.0 3,848.3 3,870.8 3,907.1 3,913.0 3,919.0 3,917.2 3,928.9 3,931.2 2 Securities in bank credit 990.9 980.3 990.1 1,005.7 1,021.5 1,015.8 1,035.3 1,016.5 1,013.7 1,010.7 1,016.7 1,008.9 3 U.S. government securities 711.6 707.2 707.0 707.1 704.4 708.6 722.8 722.6 725.2 726.1 727.3 721.6 4 Other securities 279.3 273.1 283.1 298.6 317.1 307.2 312.6 293.9 288.5 284.7 289.5 287.3 5 Loans and leases in bank credit (2) 2,673.7 2,764.4 2,783.5 2,803.3 2,826.8 2,854.9 2,871.7 2,896.5 2,905.3 2,906.4 2,912.2 2,922.3 6 Commercial and industrial 735.0 774.7 783.4 786.4 795.8 801.1 808.0 814.1 815.6 815.7 818.4 821.2 7 Real estate 1,103.2 1,121.5 1,128.0 1,134.7 1,140.6 1,154.2 1,162.9 1,172.4 1,173.6 1,179.8 1,181.0 1,179.8 8 Revolving home equity 79.7 84.3 85.5 85.9 86.8 88.1 89.4 90.5 91.2 91.6 91.8 91.8 9 Other 1,023.4 1,037.2 1,042.5 1,048.8 1,053.9 1,066.1 1,073.5 1,081.9 1,082.4 1,088.1 1,089.2 1,088.0 10 Consumer 502.7 521.6 522.6 522.9 522.8 521.6 519.6 522.4 523.4 525.4 525.1 524.8 11 Security (3) 77.3 77.9 79.7 83.4 84.7 88.8 89.5 88.8 90.2 86.4 91.2 94.5 12 Other loans and leases 255.5 268.6 269.8 275.9 282.9 289.3 291.7 298.8 302.5 299.2 296.5 302.0 13 Interbank loans 208.7 212.2 205.2 199.2 205.4 221.1 217.0 220.0 225.3 200.8 194.6 192.7 14 Cash assets (4) 219.1 232.7 230.9 231.0 230.8 236.0 242.0 239.6 245.2 230.9 246.1 239.3 15 Other assets (5) 238.0 259.7 268.1 257.8 268.6 277.4 278.6 281.7 282.1 289.2 292.6 280.6 16 TOTAL ASSETS (6) 4,273.5 4,392.5 4,421.3 4,440.9 4,497.2 4,549.3 4,588.3 4,598.0 4,615.4 4,581.4 4,605.7 4,587.2 L I A B I L I T I E S 17 Deposits 2,711.5 2,804.8 2,832.0 2,846.4 2,872.1 2,906.4 2,944.9 2,934.5 2,949.0 2,953.6 2,964.3 2,959.4 18 Transaction 753.4 715.1 712.9 709.6 701.1 698.5 701.8 690.5 708.4 681.1 694.6 692.2 19 Nontransaction 1,958.1 2,089.7 2,119.1 2,136.7 2,171.1 2,207.9 2,243.1 2,243.9 2,240.5 2,272.5 2,269.7 2,267.2 20 Large time 440.8 489.4 507.7 518.8 535.2 541.8 559.2 555.0 557.7 561.9 563.4 569.5 21 Other 1,517.4 1,600.3 1,611.5 1,617.9 1,635.8 1,666.1 1,684.0 1,688.9 1,682.8 1,710.6 1,706.3 1,697.8 22 Borrowings 711.3 709.2 706.5 726.8 741.6 757.7 772.0 775.3 766.3 745.8 756.0 735.0 23 From banks in the U.S. 299.9 303.2 307.6 303.1 308.1 316.7 316.2 305.8 299.6 286.5 288.9 264.4 24 From others 411.4 406.0 398.9 423.7 433.5 440.9 455.8 469.5 466.7 459.3 467.1 470.7 25 Net due to related foreign offices 257.7 238.1 231.4 222.6 218.3 210.2 213.0 235.2 241.8 246.9 240.8 245.7 26 Other liabilities 218.8 253.7 262.4 271.5 289.4 279.8 270.3 263.3 261.0 262.9 268.8 261.9 27 TOTAL LIABILITIES 3,899.4 4,005.9 4,032.3 4,067.2 4,121.5 4,154.1 4,200.2 4,208.3 4,218.0 4,209.1 4,229.8 4,202.1 28 Residual (assets less liabilities) (7) 374.1 386.7 389.0 373.7 375.7 395.2 388.1 389.8 397.4 372.3 375.8 385.2 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 2 ASSETS AND LIABILITIES OF COMMERCIAL BANKS IN THE UNITED STATES (1) Not seasonally adjusted, billions of dollars June 27, 1997 Account 1996 1996 1996 1997 1997 1997 1997 1997 Week ending May Nov Dec Jan Feb Mar Apr May May 28 Jun 4 Jun 11 Jun 18 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,668.0 3,748.9 3,772.7 3,807.4 3,841.1 3,861.2 3,906.5 3,917.7 3,915.7 3,931.0 3,932.9 3,937.5 2 Securities in bank credit 998.2 978.9 976.2 996.9 1,018.1 1,018.5 1,037.8 1,025.6 1,020.3 1,024.6 1,026.9 1,015.8 3 U.S. government securities 714.0 707.6 702.8 701.1 703.1 713.2 725.5 725.0 724.6 730.2 729.4 722.4 4 Other securities 284.2 271.4 273.4 295.8 315.0 305.3 312.4 300.6 295.6 294.5 297.5 293.4 5 Loans and leases in bank credit (2) 2,669.9 2,770.0 2,796.5 2,810.5 2,823.1 2,842.7 2,868.7 2,892.1 2,895.5 2,906.3 2,906.0 2,921.7 6 Commercial and industrial 741.0 772.8 780.4 784.1 795.4 803.7 815.3 820.9 819.6 821.3 819.4 825.3 7 Real estate 1,099.2 1,125.8 1,132.8 1,136.7 1,137.6 1,148.2 1,158.5 1,168.1 1,168.8 1,176.0 1,179.4 1,178.0 8 Revolving home equity 79.6 84.7 85.6 85.9 86.4 87.3 88.7 90.3 91.0 91.4 91.7 91.8 9 Other 1,019.7 1,041.0 1,047.2 1,050.8 1,051.2 1,060.9 1,069.8 1,077.8 1,077.8 1,084.6 1,087.7 1,086.3 10 Consumer 500.8 522.1 527.4 528.5 523.5 517.0 517.1 520.3 521.0 522.8 521.8 521.6 11 Security (3) 77.9 79.3 81.0 82.6 85.8 88.4 90.0 89.2 89.7 86.8 92.0 96.4 12 Other loans and leases 251.0 270.0 275.0 278.6 280.7 285.3 287.8 293.6 296.3 299.5 293.5 300.4 13 Interbank loans 204.3 216.5 214.5 209.0 209.7 217.5 215.3 215.7 218.3 204.4 194.7 191.4 14 Cash assets (4) 216.9 239.7 246.9 241.4 232.0 227.0 237.4 237.4 253.0 244.0 231.5 243.4 15 Other assets (5) 240.1 258.5 268.1 258.4 268.5 272.8 276.2 284.1 284.3 294.2 291.0 279.8 16 TOTAL ASSETS (6) 4,272.2 4,406.8 4,445.6 4,460.3 4,495.4 4,522.5 4,579.2 4,598.5 4,615.0 4,616.7 4,593.3 4,595.4 L I A B I L I T I E S 17 Deposits 2,702.0 2,821.8 2,863.9 2,850.3 2,857.3 2,895.2 2,942.2 2,925.8 2,940.2 2,982.1 2,964.7 2,961.8 18 Transaction 742.8 725.2 745.8 721.0 694.2 686.3 705.0 680.6 698.5 697.4 683.2 693.2 19 Nontransaction 1,959.3 2,096.5 2,118.2 2,129.3 2,163.1 2,208.9 2,237.2 2,245.2 2,241.7 2,284.7 2,281.5 2,268.6 20 Large time 444.0 493.9 507.8 515.5 533.1 541.3 555.1 558.7 562.5 564.9 566.0 567.3 21 Other 1,515.2 1,602.6 1,610.3 1,613.8 1,630.0 1,667.6 1,682.1 1,686.5 1,679.2 1,719.8 1,715.5 1,701.3 22 Borrowings 717.3 699.0 698.8 721.0 725.7 737.4 772.5 785.6 777.5 757.4 749.5 766.6 23 From banks in the U.S. 303.8 297.0 302.3 297.2 296.1 304.7 314.9 314.2 314.0 297.0 287.6 286.0 24 From others 413.5 402.0 396.5 423.8 429.6 432.7 457.6 471.4 463.5 460.4 461.9 480.6 25 Net due to related foreign offices 259.2 235.2 230.0 233.0 229.1 219.1 211.2 237.5 252.3 233.6 229.1 229.1 26 Other liabilities 221.3 257.4 258.3 268.7 291.3 278.0 270.6 267.0 265.0 266.9 273.1 262.6 27 TOTAL LIABILITIES 3,899.8 4,013.4 4,051.1 4,073.0 4,103.4 4,129.7 4,196.5 4,216.0 4,235.1 4,240.1 4,216.5 4,220.1 28 Residual (assets less liabilities) (7) 372.4 393.4 394.5 387.3 392.0 392.8 382.7 382.5 379.9 376.6 376.9 375.3 MEMO 29 Reval. gains on off-bal. sheet items (8) -- 65.6 69.4 89.2 103.0 92.2 92.1 83.4 80.9 79.9 80.5 78.0 30 Reval. losses on off-bal. sheet items (8) -- 60.5 64.4 84.9 98.2 86.4 87.3 85.1 82.6 82.1 82.0 80.1 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 3 ASSETS AND LIABILITIES OF DOMESTICALLY CHARTERED COMMERCIAL BANKS IN THE UNITED STATES (1) Seasonally adjusted, billions of dollars June 27, 1997 Account 1996 1996 1996 1997 1997 1997 1997 1997 Week ending May Nov Dec Jan Feb Mar Apr May May 28 Jun 4 Jun 11 Jun 18 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,212.9 3,250.7 3,268.4 3,292.0 3,315.5 3,342.0 3,368.7 3,368.3 3,370.9 3,373.0 3,378.9 3,383.4 2 Securities in bank credit 844.7 822.3 825.6 835.4 844.7 843.1 857.0 840.5 835.5 831.5 835.7 834.8 3 U.S. government securities 635.0 620.1 619.4 625.3 619.2 625.3 635.2 632.9 632.5 632.1 634.3 633.6 4 Other securities 209.7 202.2 206.1 210.1 225.5 217.7 221.8 207.5 203.0 199.4 201.4 201.1 5 Loans and leases in bank credit (2) 2,368.2 2,428.4 2,442.9 2,456.6 2,470.9 2,499.0 2,511.7 2,527.8 2,535.4 2,541.5 2,543.2 2,548.6 6 Commercial and industrial 547.8 566.6 570.3 571.5 577.6 583.4 589.3 592.4 594.0 594.5 595.9 596.3 7 Real estate 1,069.6 1,089.1 1,095.9 1,102.7 1,108.3 1,122.2 1,131.0 1,141.3 1,142.9 1,149.2 1,150.4 1,149.3 8 Revolving home equity 79.7 84.3 85.5 85.9 86.8 88.1 89.4 90.5 91.2 91.6 91.8 91.8 9 Other 989.8 1,004.8 1,010.4 1,016.9 1,021.6 1,034.1 1,041.6 1,050.8 1,051.7 1,057.5 1,058.6 1,057.5 10 Consumer 502.7 521.6 522.6 522.9 522.8 521.6 519.6 522.4 523.4 525.4 525.1 524.8 11 Security (3) 49.0 42.9 43.6 45.3 45.1 49.3 46.5 45.6 47.0 45.4 45.4 47.8 12 Other loans and leases 199.1 208.2 210.5 214.1 217.1 222.5 225.3 226.1 228.1 227.0 226.5 230.4 13 Interbank loans 185.3 192.0 183.4 175.9 183.0 196.2 196.2 197.4 197.0 179.9 172.7 170.7 14 Cash assets (4) 193.1 201.8 199.8 199.8 197.7 203.2 208.8 205.1 211.4 196.3 211.2 202.3 15 Other assets (5) 193.7 223.6 231.3 219.2 226.6 235.4 238.3 241.7 242.2 245.4 248.8 243.8 16 TOTAL ASSETS (6) 3,728.1 3,811.6 3,826.5 3,831.0 3,867.1 3,921.0 3,955.9 3,956.5 3,965.5 3,938.1 3,955.3 3,943.9 L I A B I L I T I E S 17 Deposits 2,538.0 2,600.9 2,612.5 2,619.3 2,631.2 2,659.2 2,682.0 2,677.4 2,693.5 2,700.1 2,707.6 2,700.6 18 Transaction 742.8 704.9 702.7 699.2 691.1 687.7 690.6 678.9 697.1 669.9 683.5 680.3 19 Nontransaction 1,795.2 1,896.0 1,909.8 1,920.1 1,940.0 1,971.5 1,991.4 1,998.5 1,996.4 2,030.1 2,024.1 2,020.3 20 Large time 279.7 299.4 302.6 302.3 306.6 308.5 311.3 312.6 314.0 319.4 317.9 321.9 21 Other 1,515.5 1,596.6 1,607.3 1,617.8 1,633.4 1,663.0 1,680.1 1,685.9 1,682.4 1,710.7 1,706.2 1,698.3 22 Borrowings 578.4 584.1 585.2 596.2 597.6 616.3 630.4 630.0 623.6 608.4 615.8 596.2 23 From banks in the U.S. 264.4 270.5 275.2 275.3 274.2 281.9 283.1 271.8 265.2 256.7 260.1 232.3 24 From others 314.0 313.6 310.0 320.9 323.4 334.4 347.4 358.2 358.4 351.7 355.6 363.9 25 Net due to related foreign offices 88.9 71.0 69.1 72.0 78.3 68.3 77.5 85.7 83.4 79.8 79.8 85.4 26 Other liabilities 148.5 173.8 179.6 181.5 189.8 186.5 179.1 174.2 171.6 171.0 175.5 173.2 27 TOTAL LIABILITIES 3,353.9 3,429.7 3,446.4 3,469.1 3,496.9 3,530.3 3,569.1 3,567.3 3,572.0 3,559.3 3,578.6 3,555.4 28 Residual (assets less liabilities) (7) 374.2 381.8 380.1 361.9 370.2 390.7 386.9 389.1 393.4 378.8 376.7 388.6 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 4 ASSETS AND LIABILITIES OF DOMESTICALLY CHARTERED COMMERCIAL BANKS IN THE UNITED STATES (1) Not seasonally adjusted, billions of dollars June 27, 1997 Account 1996 1996 1996 1997 1997 1997 1997 1997 Week ending May Nov Dec Jan Feb Mar Apr May May 28 Jun 4 Jun 11 Jun 18 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,215.2 3,255.4 3,271.5 3,293.3 3,307.8 3,332.6 3,368.1 3,370.3 3,367.7 3,381.6 3,383.0 3,389.8 2 Securities in bank credit 849.0 821.2 818.0 830.7 840.3 845.1 859.0 844.6 838.4 839.8 844.1 841.2 3 U.S. government securities 637.0 620.6 617.7 618.4 616.2 627.0 638.4 634.9 632.7 635.4 637.0 634.8 4 Other securities 212.0 200.7 200.3 212.3 224.2 218.1 220.5 209.8 205.7 204.4 207.0 206.4 5 Loans and leases in bank credit (2) 2,366.2 2,434.1 2,453.5 2,462.7 2,467.5 2,487.6 2,509.1 2,525.7 2,529.3 2,541.7 2,538.9 2,548.6 6 Commercial and industrial 553.7 564.9 566.9 569.3 577.3 586.4 595.9 599.0 598.4 599.5 597.4 599.7 7 Real estate 1,065.9 1,092.9 1,100.6 1,104.7 1,105.2 1,116.2 1,127.0 1,137.2 1,138.3 1,145.6 1,149.0 1,147.5 8 Revolving home equity 79.6 84.7 85.6 85.9 86.4 87.3 88.7 90.3 91.0 91.4 91.7 91.8 9 Other 986.3 1,008.2 1,015.0 1,018.9 1,018.9 1,028.9 1,038.3 1,046.9 1,047.3 1,054.2 1,057.3 1,055.7 10 Consumer 500.8 522.1 527.4 528.5 523.5 517.0 517.1 520.3 521.0 522.8 521.8 521.6 11 Security (3) 49.6 44.3 44.8 44.5 46.2 48.9 47.0 46.0 46.5 45.8 46.2 49.7 12 Other loans and leases 196.3 210.0 213.8 215.5 215.3 219.1 222.1 223.2 225.1 228.1 224.6 230.1 13 Interbank loans 180.8 196.3 192.8 185.7 187.4 192.6 194.6 193.1 190.0 183.5 172.8 169.5 14 Cash assets (4) 191.0 208.5 214.7 209.8 199.6 194.7 205.0 202.9 218.5 208.6 196.0 205.7 15 Other assets (5) 194.7 222.1 230.5 220.5 225.6 231.3 237.4 243.1 243.4 249.1 246.1 243.2 16 TOTAL ASSETS (6) 3,724.7 3,825.8 3,853.0 3,853.6 3,864.7 3,895.6 3,949.1 3,953.2 3,963.6 3,966.2 3,941.2 3,951.6 L I A B I L I T I E S 17 Deposits 2,528.2 2,615.3 2,641.7 2,623.1 2,619.5 2,648.2 2,685.9 2,668.2 2,681.0 2,725.5 2,705.3 2,702.3 18 Transaction 732.7 715.1 734.9 710.5 684.0 675.8 694.3 669.6 687.4 686.4 672.6 681.6 19 Nontransaction 1,795.5 1,900.2 1,906.8 1,912.6 1,935.5 1,972.4 1,991.6 1,998.7 1,993.7 2,039.1 2,032.7 2,020.6 20 Large time 282.7 300.0 299.3 301.0 309.4 308.4 312.7 316.3 317.2 322.1 320.3 321.7 21 Other 1,512.8 1,600.2 1,607.6 1,611.6 1,626.1 1,664.0 1,678.8 1,682.4 1,676.5 1,717.1 1,712.4 1,698.9 22 Borrowings 584.1 577.3 578.7 593.7 588.3 602.0 628.4 640.5 637.9 617.4 606.2 621.5 23 From banks in the U.S. 268.7 264.2 269.3 268.4 264.5 271.5 281.5 280.7 280.3 265.5 257.7 251.9 24 From others 315.5 313.1 309.4 325.3 323.8 330.5 346.9 359.8 357.7 351.8 348.5 369.5 25 Net due to related foreign offices 93.8 68.4 66.2 73.6 79.9 72.5 78.8 92.2 96.7 79.7 80.5 80.5 26 Other liabilities 149.0 176.9 176.9 179.6 189.3 184.8 179.5 175.2 173.0 172.3 176.8 174.3 27 TOTAL LIABILITIES 3,355.1 3,437.9 3,463.4 3,470.0 3,477.0 3,507.5 3,572.6 3,576.1 3,588.8 3,594.9 3,568.8 3,578.5 28 Residual (assets less liabilities) (7) 369.7 387.9 389.5 383.6 387.7 388.1 376.5 377.1 374.8 371.2 372.4 373.1 MEMO 29 Reval. gains on off-bal. sheet items (8) -- 33.1 36.0 47.5 55.9 49.0 49.5 42.0 39.5 38.5 40.0 39.0 30 Reval. losses on off-bal. sheet items (8) -- 28.9 31.8 44.0 50.9 43.2 44.6 43.4 41.0 40.2 41.2 40.5 31 Mortgage-backed securities (9) -- 238.3 241.4 244.0 243.6 245.9 249.3 249.7 248.8 250.7 248.9 247.3 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 5 ASSETS AND LIABILITIES OF LARGE DOMESTICALLY CHARTERED COMMERCIAL BANKS IN THE UNITED STATES (1) Seasonally adjusted, adjusted for mergers, billions of dollars June 27, 1997 Account 1996 1996 1996 1997 1997 1997 1997 1997 Week ending May Nov Dec Jan Feb Mar Apr May May 28 Jun 4 Jun 11 Jun 18 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 1,864.5 1,855.9 1,865.9 1,880.7 1,899.5 1,910.9 1,928.0 1,918.9 1,919.6 1,919.3 1,924.1 1,928.7 2 Securities in bank credit 438.9 415.8 419.0 424.9 435.2 429.4 440.1 423.3 419.1 415.6 418.8 418.4 3 U.S. government securities 309.3 293.8 292.8 295.6 290.2 293.6 302.1 299.4 300.1 298.8 300.4 300.2 3a Trading account 21.1 21.5 19.4 17.2 16.1 17.7 20.1 19.3 21.7 20.4 22.9 21.1 3b Investment account 288.2 272.3 273.4 278.4 274.1 275.9 282.1 280.1 278.4 278.5 277.5 279.1 4 Other securities 129.6 122.0 126.2 129.3 145.0 135.8 137.9 123.9 119.1 116.7 118.4 118.2 4a Trading account 59.4 57.8 60.7 64.6 79.9 69.8 72.1 58.3 53.9 50.2 52.1 51.3 4b Investment account 70.1 64.2 65.5 64.8 65.1 66.0 65.8 65.5 65.2 66.5 66.3 66.9 4c State and local government 21.0 20.2 20.4 20.5 21.1 20.8 20.8 21.0 20.9 21.5 21.5 21.6 4d Other 49.2 44.0 45.2 44.2 44.0 45.2 45.0 44.6 44.2 45.1 44.8 45.3 5 Loans and leases in bank credit (2) 1,425.6 1,440.1 1,446.9 1,455.8 1,464.2 1,481.6 1,487.9 1,495.6 1,500.4 1,503.7 1,505.4 1,510.3 6 Commercial and industrial 378.0 390.0 391.8 392.2 396.3 400.4 405.0 406.4 407.7 408.4 410.0 409.6 6a Bankers acceptances 1.5 1.7 1.9 1.8 1.5 1.6 1.5 1.4 1.5 1.4 1.4 1.5 6b Other 376.5 388.3 389.9 390.4 394.8 398.8 403.5 405.0 406.2 407.0 408.5 408.1 7 Real estate 580.2 576.8 579.4 579.8 580.5 586.1 589.4 595.5 595.9 601.3 602.0 601.1 8 Revolving home equity 55.5 56.8 57.6 57.6 58.0 58.7 59.5 60.3 60.9 61.4 61.6 61.5 9 Other 524.7 520.1 521.8 522.2 522.5 527.4 529.9 535.2 534.9 539.9 540.4 539.6 10 Consumer 285.5 290.5 290.7 293.9 295.6 294.4 293.0 294.2 294.5 294.7 294.5 294.0 11 Security (3) 44.0 38.0 38.7 40.6 40.1 44.1 41.6 40.6 42.1 40.4 40.4 43.0 11a Fed funds and RPs with broker/dealer 28.5 22.4 22.8 24.7 24.8 27.6 23.5 23.1 25.1 24.7 22.9 26.5 11b Other 15.4 15.6 15.9 15.9 15.3 16.4 18.1 17.6 17.0 15.8 17.5 16.5 12a State and local government 11.5 11.4 11.6 11.4 11.3 11.2 11.0 10.8 10.7 11.0 10.9 11.0 12b Agricultural 8.6 8.2 8.2 8.2 8.1 8.2 8.2 8.3 8.4 8.3 8.4 8.1 12c Fed funds and RPs with others 5.4 5.4 5.1 5.5 4.7 5.7 6.7 5.2 5.4 4.3 4.3 5.0 12d All other loans 63.0 60.6 61.1 60.9 62.1 64.3 64.4 64.4 65.5 64.4 63.8 67.2 12e Lease financing receivables 49.5 59.0 60.5 63.4 65.4 67.0 68.7 70.1 70.4 70.8 71.1 71.3 13 Interbank loans 135.1 140.1 129.9 122.9 127.0 136.0 142.2 143.1 140.0 123.4 118.5 117.1 13a Fed funds and RPs with banks 88.5 87.2 80.2 75.5 78.0 85.9 90.2 86.9 86.4 71.2 64.6 66.1 13b Other 46.6 53.0 49.7 47.4 49.0 50.1 52.0 56.2 53.6 52.1 53.9 50.9 14 Cash assets (4) 131.7 136.8 135.0 134.6 131.4 136.5 141.1 138.7 142.8 130.0 141.3 135.3 15 Other assets (5) 147.6 169.2 175.4 164.8 170.2 172.3 174.4 179.1 179.1 181.9 180.8 178.1 16 TOTAL ASSETS (6) 2,241.8 2,265.6 2,269.7 2,267.2 2,292.3 2,319.8 2,349.5 2,343.9 2,345.6 2,318.6 2,328.7 2,323.3 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 6 ASSETS AND LIABILITIES OF LARGE DOMESTICALLY CHARTERED COMMERCIAL BANKS IN THE UNITED STATES (1) Seasonally adjusted, adjusted for mergers, billions of dollars (continued) June 27, 1997 Account 1996 1996 1996 1997 1997 1997 1997 1997 Week ending May Nov Dec Jan Feb Mar Apr May May 28 Jun 4 Jun 11 Jun 18 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- L I A B I L I T I E S 17 Deposits 1,367.8 1,406.0 1,413.7 1,405.9 1,403.8 1,411.4 1,423.3 1,413.4 1,423.1 1,420.6 1,423.3 1,420.4 18 Transaction 428.5 398.1 397.1 393.7 383.9 377.2 376.9 366.7 378.8 358.7 367.7 365.0 19 Nontransaction 939.3 1,008.0 1,016.6 1,012.3 1,019.9 1,034.2 1,046.3 1,046.7 1,044.3 1,061.9 1,055.6 1,055.5 20 Large time 132.7 156.2 157.9 156.2 159.1 159.9 164.0 164.0 165.6 169.5 167.6 171.2 21 Other 806.6 851.8 858.7 856.1 860.8 874.3 882.4 882.7 878.7 892.5 888.1 884.3 22 Borrowings 441.2 422.6 422.2 432.0 431.7 445.0 456.2 457.3 450.5 435.7 439.4 424.9 23 From banks in the U.S. 184.1 183.2 190.0 189.1 188.2 194.4 195.4 183.9 178.1 172.0 172.3 153.2 24 From others 257.1 239.4 232.2 242.9 243.5 250.6 260.8 273.3 272.3 263.7 267.1 271.8 25 Net due to related foreign offices 84.3 68.8 66.4 68.0 74.3 64.3 73.1 81.6 79.4 76.2 75.9 81.4 26 Other liabilities 121.9 146.3 152.0 155.2 163.5 160.4 154.7 149.3 146.7 147.0 151.2 148.9 27 TOTAL LIABILITIES 2,015.2 2,043.8 2,054.2 2,061.2 2,073.2 2,081.2 2,107.3 2,101.6 2,099.7 2,079.4 2,089.8 2,075.7 28 Residual (assets less liabilities) (7) 226.6 221.8 215.5 206.0 219.1 238.7 242.2 242.3 245.9 239.1 238.9 247.5 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 7 ASSETS AND LIABILITIES OF LARGE DOMESTICALLY CHARTERED COMMERCIAL BANKS IN THE UNITED STATES (1) Not seasonally adjusted, adjusted for mergers, billions of dollars June 27, 1997 Account 1996 1996 1996 1997 1997 1997 1997 1997 Week ending May Nov Dec Jan Feb Mar Apr May May 28 Jun 4 Jun 11 Jun 18 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 1,866.8 1,859.0 1,866.2 1,883.9 1,897.2 1,906.1 1,927.0 1,921.1 1,918.0 1,928.5 1,926.7 1,935.3 2 Securities in bank credit 441.2 416.4 411.9 421.6 432.5 430.0 438.6 425.6 420.5 423.1 424.8 422.9 3 U.S. government securities 309.6 296.0 291.5 289.8 288.5 294.1 302.2 299.8 299.0 301.3 300.8 299.3 3a Trading account 21.3 22.7 18.1 16.3 16.3 18.8 20.2 19.6 20.5 21.1 22.4 20.4 3b Investment account 288.3 273.3 273.4 273.6 272.2 275.3 281.9 280.2 278.6 280.3 278.4 278.9 3c Mortgage-backed -- 168.6 173.7 176.6 177.1 178.6 180.1 180.0 179.1 180.1 180.4 179.4 3d Other -- 104.7 99.7 97.0 95.1 96.8 101.8 100.2 99.5 100.1 98.0 99.6 3e 1 year or less -- 29.2 26.3 26.6 25.4 25.7 28.1 26.6 25.7 26.0 26.0 26.8 3f Between 1 and 5 years -- 59.0 58.8 56.5 54.4 54.5 55.6 55.0 55.0 54.8 53.4 52.9 3g More than 5 years -- 16.5 14.6 13.9 15.3 16.6 18.2 18.7 18.8 19.4 18.6 19.8 4 Other securities 131.6 120.4 120.4 131.8 144.0 135.9 136.4 125.8 121.5 121.7 124.0 123.6 4a Trading account 61.7 55.4 54.2 66.5 78.8 70.2 70.9 60.5 56.5 55.3 57.9 56.9 4b Investment account 69.9 65.0 66.2 65.3 65.2 65.7 65.5 65.3 65.0 66.4 66.1 66.7 4c State and local government 21.1 20.3 20.5 20.6 21.1 20.8 21.0 21.1 21.1 21.5 21.5 21.7 4d Other 48.8 44.7 45.7 44.7 44.1 44.8 44.5 44.2 43.8 44.9 44.5 44.9 5 Loans and leases in bank credit (2) 1,425.6 1,442.6 1,454.3 1,462.3 1,464.7 1,476.0 1,488.4 1,495.4 1,497.5 1,505.4 1,502.0 1,512.3 6 Commercial and industrial 382.5 389.0 388.8 390.0 396.3 402.9 410.4 411.6 410.9 411.8 410.1 411.8 6a Bankers acceptances 1.5 1.9 2.0 1.7 1.5 1.5 1.4 1.4 1.4 1.4 1.4 1.4 6b Other 381.0 387.1 386.8 388.2 394.8 401.4 408.9 410.2 409.4 410.4 408.7 410.3 7 Real estate 577.9 578.4 582.1 582.2 580.0 583.2 588.0 592.9 592.4 599.0 601.0 599.8 8 Revolving home equity 55.4 57.1 57.6 57.7 57.8 58.2 59.0 60.2 60.9 61.2 61.4 61.5 9a Other residential -- 327.2 326.0 324.2 322.5 324.3 329.1 334.4 332.4 338.3 340.1 337.4 9b Commercial -- 194.1 198.5 200.3 199.7 200.8 199.9 198.3 199.2 199.5 199.4 200.8 10 Consumer 284.1 290.2 294.6 298.5 295.4 291.7 290.9 292.5 293.3 293.5 293.2 293.2 11 Security (3) 44.7 39.2 39.7 39.6 41.1 43.7 42.1 41.3 41.9 40.7 41.2 45.1 11a Fed funds and RPs with broker/dealer 29.4 23.3 22.9 23.7 25.0 27.3 24.5 23.9 24.7 25.1 24.2 27.8 11b Other 15.3 15.9 16.8 15.9 16.1 16.4 17.6 17.4 17.3 15.6 16.9 17.3 12a State and local government 11.5 11.5 11.5 11.2 11.2 11.2 11.0 10.9 10.8 11.0 10.9 11.0 12b Agricultural 8.6 8.2 8.1 8.1 7.9 7.9 8.0 8.3 8.4 8.4 8.4 8.2 12c Fed funds and RPs with others 5.4 4.6 4.5 5.7 5.6 5.6 6.4 5.3 5.6 4.8 4.2 5.2 12d All other loans 61.5 62.5 64.2 62.6 61.1 62.5 63.1 62.8 64.0 65.5 62.0 66.8 12e Lease financing receivables 49.4 59.0 60.7 64.4 66.1 67.4 68.5 69.9 70.3 70.7 71.0 71.2 13 Interbank loans 134.4 139.6 136.2 131.5 129.3 132.5 140.2 142.1 140.1 126.0 116.3 119.5 13a Fed funds and RPs with banks 89.2 87.2 83.7 80.5 80.1 83.9 90.3 87.8 87.5 74.3 64.2 69.3 13b Other 45.2 52.5 52.5 51.0 49.3 48.6 49.9 54.2 52.6 51.8 52.2 50.2 14 Cash assets (4) 129.7 140.8 146.3 142.5 134.1 130.1 138.6 136.7 148.0 138.8 129.7 139.6 15 Other assets (5) 148.9 167.2 174.0 165.2 167.9 169.2 174.5 180.9 180.7 184.0 182.2 180.2 16 TOTAL ASSETS (6) 2,242.8 2,270.2 2,286.1 2,287.3 2,292.7 2,302.0 2,344.3 2,344.9 2,351.1 2,341.2 2,318.8 2,338.3 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 8 ASSETS AND LIABILITIES OF LARGE DOMESTICALLY CHARTERED COMMERCIAL BANKS IN THE UNITED STATES (1) Not seasonally adjusted, adjusted for mergers, billions of dollars (continued) June 27, 1997 Account 1996 1996 1996 1997 1997 1997 1997 1997 Week ending May Nov Dec Jan Feb Mar Apr May May 28 Jun 4 Jun 11 Jun 18 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- L I A B I L I T I E S 17 Deposits 1,360.7 1,412.9 1,429.8 1,412.1 1,401.8 1,405.3 1,424.9 1,406.8 1,415.7 1,434.9 1,419.5 1,425.1 18 Transaction 421.8 404.6 418.3 401.3 380.6 369.5 380.3 360.7 374.1 367.8 357.3 368.1 19 Nontransaction 938.9 1,008.3 1,011.5 1,010.8 1,021.2 1,035.8 1,044.5 1,046.1 1,041.6 1,067.1 1,062.2 1,056.9 20 Large time 135.0 156.5 155.5 156.1 161.3 159.0 164.4 167.0 167.9 171.8 169.8 171.4 21 Other 803.9 851.8 856.0 854.7 859.9 876.8 880.1 879.1 873.7 895.3 892.4 885.5 22 Borrowings 444.4 417.4 416.2 427.8 423.7 436.4 457.0 463.5 458.2 443.3 432.0 444.9 23 From banks in the U.S. 187.3 178.7 184.7 182.5 180.3 187.9 194.7 190.2 188.1 179.5 171.5 167.2 24 From others 257.1 238.6 231.5 245.2 243.4 248.6 262.2 273.3 270.1 263.8 260.4 277.7 25 Net due to related foreign offices 89.2 66.2 63.4 69.7 76.0 68.6 74.4 88.1 92.8 76.1 76.6 76.6 26 Other liabilities 122.7 149.6 149.8 153.1 162.5 158.4 155.0 150.6 148.6 148.8 152.8 150.6 27 TOTAL LIABILITIES 2,017.0 2,046.1 2,059.1 2,062.6 2,064.0 2,068.7 2,111.2 2,109.0 2,115.3 2,103.1 2,080.9 2,097.1 28 Residual (assets less liabilities) (7) 225.8 224.0 227.0 224.7 228.8 233.3 233.1 235.8 235.7 238.1 237.9 241.2 MEMO 29 Reval. gains on off-bal. sheet items (8) -- 33.1 36.0 47.5 55.9 49.0 49.5 42.0 39.5 38.5 40.0 39.0 30 Reval. losses on off-bal. sheet items (8) -- 28.9 31.8 44.0 50.9 43.2 44.6 43.4 41.0 40.2 41.2 40.5 31 Mortgage-backed securities (9) -- 192.2 194.7 196.3 195.9 196.8 199.4 199.2 198.2 199.4 197.3 195.3 31a Pass-through -- 131.4 133.4 135.5 135.6 136.9 139.2 139.7 139.1 140.5 138.3 137.0 31b CMO, REMIC, and other -- 60.8 61.3 60.9 60.3 59.9 60.2 59.4 59.0 58.9 59.0 58.3 32 Net unrealized gains (losses) on -- 2.4 2.8 2.7 2.7 2.7 1.8 2.1 2.2 2.4 2.5 2.6 available-for-sale securities (10) 33 Offshore credit to U.S. residents (11) 27.9 31.3 31.7 30.9 32.1 32.9 33.3 33.6 33.5 34.2 34.1 34.1 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 9 ASSETS AND LIABILITIES OF SMALL DOMESTICALLY CHARTERED COMMERCIAL BANKS IN THE UNITED STATES (1) Seasonally adjusted, adjusted for mergers, billions of dollars June 27, 1997 Account 1996 1996 1996 1997 1997 1997 1997 1997 Week ending May Nov Dec Jan Feb Mar Apr May May 28 Jun 4 Jun 11 Jun 18 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 1,348.4 1,394.8 1,402.6 1,411.3 1,416.1 1,431.1 1,440.8 1,449.4 1,451.3 1,453.7 1,454.8 1,454.7 2 Securities in bank credit 405.8 406.5 406.6 410.5 409.4 413.7 416.9 417.2 416.3 415.9 416.9 416.4 3 U.S. government securities 325.7 326.3 326.6 329.8 329.0 331.7 333.1 333.5 332.4 333.3 333.9 333.4 4 Other securities 80.1 80.2 79.9 80.7 80.5 82.0 83.9 83.7 83.9 82.6 83.0 82.9 5 Loans and leases in bank credit (2) 942.6 988.3 996.0 1,000.8 1,006.6 1,017.4 1,023.8 1,032.2 1,035.0 1,037.8 1,037.8 1,038.3 6 Commercial and industrial 169.8 176.6 178.6 179.3 181.3 183.0 184.3 185.9 186.3 186.1 185.9 186.7 7 Real estate 489.4 512.3 516.6 522.9 527.8 536.0 541.7 545.8 547.0 547.8 548.5 548.3 8 Revolving home equity 24.3 27.5 27.9 28.3 28.7 29.4 30.0 30.2 30.2 30.2 30.2 30.3 9 Other 465.2 484.7 488.7 494.6 499.0 506.6 511.7 515.6 516.8 517.6 518.3 517.9 10 Consumer 217.2 231.2 231.9 229.0 227.3 227.2 226.6 228.3 228.9 230.7 230.6 230.8 11 Security (3) 5.1 4.8 4.9 4.8 5.0 5.2 4.9 4.9 4.9 5.0 4.9 4.8 12 Other loans and leases 61.1 63.4 64.1 64.8 65.3 66.0 66.3 67.3 67.8 68.1 68.0 67.7 13 Interbank loans 50.2 51.9 53.6 52.9 56.0 60.2 54.0 54.3 57.1 56.5 54.2 53.6 14 Cash assets (4) 61.5 65.0 64.8 65.2 66.3 66.7 67.7 66.4 68.6 66.3 70.0 67.0 15 Other assets (5) 46.1 54.4 55.9 54.3 56.4 63.1 63.9 62.7 63.1 63.4 68.0 65.7 16 TOTAL ASSETS (6) 1,486.4 1,546.0 1,556.8 1,563.8 1,574.8 1,601.2 1,606.4 1,612.6 1,619.9 1,619.6 1,626.6 1,620.6 L I A B I L I T I E S 17 Deposits 1,170.2 1,194.8 1,198.8 1,213.4 1,227.4 1,247.8 1,258.8 1,264.0 1,270.4 1,279.5 1,284.2 1,280.2 18 Transaction 314.4 306.8 305.6 305.6 307.2 310.5 313.7 312.2 318.3 311.3 315.8 315.4 19 Nontransaction 855.9 888.0 893.2 907.8 920.2 937.2 945.1 951.8 952.1 968.2 968.4 964.8 20 Large time 146.9 143.2 144.6 146.1 147.5 148.6 147.3 148.6 148.4 149.9 150.3 150.7 21 Other 708.9 744.8 748.5 761.7 772.6 788.7 797.8 803.2 803.7 818.3 818.1 814.1 22 Borrowings 137.2 161.5 163.1 164.2 166.0 171.3 174.2 172.8 173.2 172.7 176.4 171.2 23 From banks in the U.S. 80.4 87.3 85.2 86.2 86.1 87.5 87.6 87.9 87.0 84.7 87.9 79.1 24 From others 56.8 74.2 77.9 78.0 79.9 83.8 86.6 84.9 86.1 88.0 88.5 92.1 25 Net due to related foreign offices 4.6 2.2 2.7 4.0 4.0 3.9 4.4 4.1 3.9 3.6 3.9 3.9 26 Other liabilities 26.6 27.4 27.6 26.3 26.3 26.1 24.3 24.8 24.8 24.1 24.2 24.3 27 TOTAL LIABILITIES 1,338.7 1,385.9 1,392.2 1,407.9 1,423.7 1,449.1 1,461.8 1,465.7 1,472.3 1,479.9 1,488.8 1,479.6 28 Residual (assets less liabilities) (7) 147.7 160.0 164.6 155.9 151.1 152.1 144.7 146.8 147.6 139.7 137.8 141.0 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 10 ASSETS AND LIABILITIES OF SMALL DOMESTICALLY CHARTERED COMMERCIAL BANKS IN THE UNITED STATES (1) Not seasonally adjusted, adjusted for mergers, billions of dollars June 27, 1997 Account 1996 1996 1996 1997 1997 1997 1997 1997 Week ending May Nov Dec Jan Feb Mar Apr May May 28 Jun 4 Jun 11 Jun 18 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 1,348.4 1,396.4 1,405.3 1,409.4 1,410.6 1,426.6 1,441.1 1,449.3 1,449.7 1,453.1 1,456.3 1,454.6 2 Securities in bank credit 407.8 404.8 406.1 409.1 407.8 415.0 420.4 419.0 417.9 416.8 419.3 418.3 3 U.S. government securities 327.4 324.6 326.2 328.5 327.6 332.9 336.3 335.1 333.7 334.1 336.2 335.4 4 Other securities 80.4 80.2 80.0 80.5 80.2 82.2 84.1 83.9 84.2 82.7 83.1 82.8 5 Loans and leases in bank credit (2) 940.6 991.5 999.2 1,000.4 1,002.8 1,011.5 1,020.7 1,030.2 1,031.8 1,036.3 1,037.0 1,036.3 6 Commercial and industrial 171.2 175.9 178.1 179.4 181.0 183.5 185.6 187.4 187.5 187.6 187.3 187.9 7 Real estate 488.0 514.5 518.5 522.5 525.2 533.0 539.0 544.3 545.9 546.7 548.0 547.8 8 Revolving home equity 24.2 27.7 28.0 28.2 28.5 29.1 29.7 30.1 30.2 30.2 30.2 30.2 9 Other 463.8 486.8 490.5 494.3 496.7 503.9 509.3 514.2 515.8 516.5 517.8 517.5 10 Consumer 216.6 231.9 232.8 230.0 228.1 225.4 226.2 227.8 227.7 229.3 228.6 228.3 11 Security (3) 4.9 5.1 5.1 4.9 5.1 5.2 4.9 4.7 4.6 5.1 5.0 4.6 12 Other loans and leases 59.9 64.2 64.7 63.6 63.4 64.5 65.0 66.1 66.1 67.7 68.0 67.6 13 Interbank loans 46.5 56.7 56.6 54.2 58.1 60.1 54.4 51.0 49.9 57.5 56.4 50.0 14 Cash assets (4) 61.3 67.7 68.5 67.3 65.6 64.6 66.4 66.2 70.5 69.9 66.3 66.2 15 Other assets (5) 45.7 54.9 56.5 55.3 57.7 62.1 62.9 62.2 62.8 65.0 63.9 63.0 16 TOTAL ASSETS (6) 1,482.0 1,555.6 1,566.9 1,566.3 1,572.0 1,593.6 1,604.8 1,608.3 1,612.5 1,625.0 1,622.4 1,613.3 L I A B I L I T I E S 17 Deposits 1,167.4 1,202.4 1,211.9 1,211.0 1,217.7 1,242.8 1,261.0 1,261.5 1,265.4 1,290.6 1,285.8 1,277.2 18 Transaction 310.8 310.4 316.6 309.2 303.4 306.2 314.0 308.9 313.2 318.7 315.2 313.5 19 Nontransaction 856.6 891.9 895.4 901.7 914.3 936.6 947.0 952.6 952.1 972.0 970.5 963.7 20 Large time 147.7 143.5 143.8 144.9 148.2 149.4 148.3 149.3 149.3 150.2 150.5 150.3 21 Other 708.9 748.4 751.6 756.9 766.1 787.2 798.7 803.2 802.9 821.8 820.0 813.4 22 Borrowings 139.8 160.0 162.5 165.9 164.5 165.6 171.5 176.9 179.7 174.1 174.2 176.6 23 From banks in the U.S. 81.4 85.5 84.6 85.9 84.2 83.6 86.8 90.5 92.2 86.1 86.1 84.7 24 From others 58.3 74.5 77.9 80.0 80.4 82.0 84.7 86.5 87.6 88.0 88.1 91.9 25 Net due to related foreign offices 4.6 2.2 2.7 4.0 4.0 3.9 4.4 4.1 3.9 3.6 3.9 3.9 26 Other liabilities 26.3 27.3 27.1 26.6 26.8 26.4 24.6 24.6 24.4 23.5 23.9 23.6 27 TOTAL LIABILITIES 1,338.1 1,391.8 1,404.3 1,407.4 1,413.1 1,438.8 1,461.5 1,467.1 1,473.4 1,491.8 1,487.8 1,481.4 28 Residual (assets less liabilities) (7) 143.9 163.8 162.6 158.9 158.9 154.8 143.4 141.2 139.1 133.2 134.6 131.9 MEMO 29 Mortgage-backed securities (9) -- 46.1 46.6 47.6 47.7 49.1 49.9 50.6 50.6 51.3 51.7 52.0 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 11 ASSETS AND LIABILITIES OF FOREIGN-RELATED INSTITUTIONS IN THE UNITED STATES (1) Seasonally adjusted, billions of dollars June 27, 1997 Account 1996 1996 1996 1997 1997 1997 1997 1997 Week ending May Nov Dec Jan Feb Mar Apr May May 28 Jun 4 Jun 11 Jun 18 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 451.7 494.0 505.2 517.0 532.8 528.8 538.3 544.8 548.1 544.2 550.0 547.8 2 Securities in bank credit 146.2 158.0 164.6 170.3 176.8 172.8 178.3 176.0 178.2 179.2 181.1 174.1 3 U.S. government securities 76.6 87.0 87.6 81.7 85.2 83.3 87.6 89.6 92.7 94.0 93.0 88.0 4 Other securities 69.6 71.0 77.0 88.6 91.7 89.5 90.8 86.4 85.5 85.3 88.1 86.1 5 Loans and leases in bank credit (2) 305.5 336.0 340.6 346.7 356.0 356.0 360.0 368.7 369.9 364.9 369.0 373.7 6 Commercial and industrial 187.2 208.1 213.1 214.9 218.2 217.7 218.7 221.7 221.6 221.1 222.6 224.9 7 Real estate 33.6 32.4 32.0 32.0 32.3 32.0 31.9 31.1 30.7 30.6 30.5 30.5 11 Security (3) 28.3 35.0 36.2 38.0 39.6 39.5 43.0 43.3 43.3 41.0 45.8 46.7 12 Other loans and leases 56.4 60.4 59.4 61.8 65.8 66.7 66.4 72.7 74.3 72.2 70.0 71.6 13 Interbank loans 23.4 20.2 21.8 23.4 22.3 24.9 20.8 22.6 28.3 20.9 22.0 21.9 14 Cash assets (4) 25.9 30.9 31.1 31.2 33.1 32.8 33.2 34.5 33.8 34.6 34.8 36.9 15 Other assets (5) 44.3 36.1 36.9 38.6 42.0 42.1 40.3 40.0 39.9 43.8 43.7 36.8 16 TOTAL ASSETS (6) 545.4 581.0 594.7 610.0 630.1 628.3 632.4 641.6 649.9 643.3 650.4 643.3 L I A B I L I T I E S 17 Deposits 173.5 203.9 219.5 227.1 241.0 247.2 262.8 257.1 255.4 253.5 256.8 258.8 18 Transaction 10.6 10.2 10.2 10.4 9.9 10.8 11.1 11.6 11.3 11.2 11.2 11.9 19 Nontransaction 162.9 193.7 209.3 216.7 231.1 236.4 251.7 245.4 244.1 242.3 245.6 247.0 20 Large time 161.1 190.0 205.1 216.5 228.6 233.4 247.8 242.4 243.7 242.5 245.5 247.6 21 Other 1.8 3.7 4.2 0.1 2.4 3.0 3.9 3.0 0.5 -0.2 0.1 -0.6 22 Borrowings 132.9 125.1 121.3 130.6 144.0 141.3 141.6 145.3 142.7 137.3 140.2 138.8 23 From banks in the U.S. 35.5 32.7 32.4 27.8 33.8 34.8 33.2 34.0 34.4 29.8 28.7 32.0 24 From others 97.4 92.4 88.8 102.8 110.1 106.5 108.4 111.3 108.2 107.5 111.5 106.8 25 Net due to related foreign offices 168.8 167.1 162.3 150.6 140.1 142.0 135.4 149.5 158.4 167.1 161.0 160.4 26 Other liabilities 70.3 80.0 82.8 89.9 99.6 93.3 91.3 89.1 89.5 91.9 93.3 88.7 27 TOTAL LIABILITIES 545.5 576.1 585.9 598.1 624.6 623.8 631.2 641.0 645.9 649.8 651.3 646.7 28 Residual (assets less liabilities) (7) -0.1 4.8 8.8 11.8 5.5 4.5 1.3 0.6 3.9 -6.6 -0.9 -3.4 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 12 ASSETS AND LIABILITIES OF FOREIGN-RELATED INSTITUTIONS IN THE UNITED STATES (1) Not seasonally adjusted, billions of dollars June 27, 1997 Account 1996 1996 1996 1997 1997 1997 1997 1997 Week ending May Nov Dec Jan Feb Mar Apr May May 28 Jun 4 Jun 11 Jun 18 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 452.8 493.6 501.2 514.1 533.4 528.6 538.4 547.4 548.0 549.4 549.9 547.7 2 Securities in bank credit 149.2 157.7 158.2 166.2 177.8 173.5 178.9 181.0 181.8 184.8 182.9 174.6 3 U.S. government securities 77.0 87.0 85.1 82.7 86.9 86.2 87.0 90.2 91.9 94.7 92.4 87.6 3a Trading account -- 21.8 19.9 17.0 21.4 19.9 18.6 18.8 19.6 23.6 20.5 15.8 3b Investment account -- 65.2 65.3 65.7 65.6 66.3 68.5 71.3 72.4 71.1 71.8 71.8 4 Other securities 72.2 70.7 73.1 83.6 90.8 87.2 91.8 90.8 89.9 90.1 90.5 87.0 4a Trading account -- 51.3 53.4 60.2 66.3 61.3 62.0 60.2 60.3 60.5 60.1 58.1 4b Investment account -- 19.4 19.7 23.3 24.5 25.9 29.9 30.7 29.6 29.6 30.4 28.9 5 Loans and leases in bank credit (2) 303.6 335.9 343.0 347.9 355.6 355.1 359.6 366.4 366.2 364.6 367.1 373.1 6 Commercial and industrial 187.3 207.9 213.5 214.8 218.1 217.3 219.4 221.9 221.2 221.8 222.0 225.5 7 Real estate 33.3 32.9 32.2 32.0 32.4 32.0 31.5 30.9 30.5 30.4 30.4 30.5 11 Security (3) 28.3 35.0 36.2 38.0 39.6 39.5 43.0 43.3 43.3 41.0 45.8 46.7 12 Other loans and leases 54.7 60.1 61.2 63.1 65.5 66.3 65.7 70.3 71.2 71.4 68.9 70.3 13 Interbank loans 23.4 20.2 21.8 23.4 22.3 24.9 20.8 22.6 28.3 20.9 22.0 21.9 14 Cash assets (4) 25.9 31.1 32.2 31.6 32.4 32.2 32.4 34.5 34.5 35.4 35.5 37.7 15 Other assets (5) 45.4 36.4 37.6 37.9 42.9 41.5 38.8 41.0 40.9 45.1 44.9 36.6 16 TOTAL ASSETS (6) 547.5 581.0 592.6 606.7 630.7 626.9 630.1 645.3 651.4 650.5 652.1 643.7 L I A B I L I T I E S 17 Deposits 173.9 206.5 222.2 227.2 237.8 247.0 256.3 257.5 259.2 256.5 259.4 259.5 18 Transaction 10.1 10.2 10.9 10.4 10.2 10.6 10.7 11.1 11.1 10.9 10.7 11.5 19 Nontransaction 163.8 196.3 211.3 216.7 227.6 236.5 245.7 246.5 248.0 245.6 248.7 248.0 20 Large time 161.3 193.9 208.6 214.5 223.7 232.9 242.4 242.4 245.3 242.9 245.7 245.6 21 Other 2.4 2.4 2.8 2.2 4.0 3.6 3.3 4.1 2.7 2.7 3.1 2.4 22 Borrowings 133.2 121.7 120.1 127.3 137.4 135.4 144.1 145.2 139.6 140.0 143.3 145.1 23 From banks in the U.S. 35.1 32.8 33.1 28.8 31.6 33.2 33.4 33.6 33.7 31.5 29.9 34.1 24 From others 98.1 88.9 87.0 98.5 105.8 102.2 110.7 111.6 105.8 108.5 113.4 111.1 25 Net due to related foreign offices 165.4 166.8 163.9 159.3 149.1 146.6 132.4 145.3 155.6 153.9 148.6 148.6 26 Other liabilities 72.3 80.6 81.5 89.1 102.0 93.1 91.1 91.8 92.0 94.6 96.4 88.3 27 TOTAL LIABILITIES 544.7 575.5 587.6 602.9 626.4 622.2 623.9 639.9 646.3 645.1 647.7 641.6 28 Residual (assets less liabilities) (7) 2.8 5.6 5.0 3.8 4.3 4.8 6.2 5.4 5.1 5.4 4.4 2.2 MEMO 29 Reval. gains on off-bal. sheet items (8) -- 32.5 33.5 41.7 47.1 43.2 42.6 41.3 41.4 41.3 40.5 39.0 30 Reval. losses on off-bal. sheet items (8) -- 31.6 32.6 40.9 47.3 43.2 42.8 41.7 41.7 41.9 40.9 39.6 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Footnotes Page 13 June 27, 1997 Note: This release and historical data are available on the Federal Reserve Board's web site: http://www.bog.frb.fed.us/. 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 10 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 nonfinancial businesses.