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 December 5, 1997 Account 1996 1997 1997 1997 1997 1997 1997 1997 Week ending Oct Apr May Jun Jul Aug Sep Oct Nov 5 Nov 12 Nov 19 Nov 26 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,716.5 3,897.7 3,901.7 3,921.3 3,955.1 3,965.4 3,987.5 4,023.7 4,053.0 4,064.5 4,053.4 4,088.4 2 Securities in bank credit 968.9 1,033.2 1,014.1 1,010.2 1,030.7 1,024.1 1,030.5 1,046.7 1,071.6 1,078.4 1,070.4 1,092.0 3 U.S. government securities 701.7 723.0 722.7 725.6 725.7 713.6 721.7 730.9 740.6 743.0 737.6 752.6 4 Other securities 267.2 310.2 291.4 284.6 305.0 310.5 308.8 315.8 331.0 335.4 332.8 339.4 5 Loans and leases in bank credit (2) 2,747.6 2,864.5 2,887.6 2,911.1 2,924.5 2,941.3 2,957.0 2,977.0 2,981.4 2,986.1 2,983.0 2,996.4 6 Commercial and industrial 769.9 803.1 807.5 812.3 816.2 824.2 836.1 843.6 840.5 843.2 845.8 852.4 7 Real estate 1,116.2 1,168.1 1,179.1 1,189.4 1,197.6 1,203.4 1,210.3 1,214.4 1,222.2 1,224.4 1,218.6 1,218.5 8 Revolving home equity 82.9 89.1 90.4 91.8 93.0 93.9 95.1 96.1 96.6 96.8 97.1 97.2 9 Other 1,033.3 1,079.0 1,088.8 1,097.6 1,104.6 1,109.6 1,115.2 1,118.3 1,125.5 1,127.7 1,121.4 1,121.4 10 Consumer 519.2 515.0 516.4 517.7 517.1 517.5 513.4 507.6 506.3 505.0 509.0 510.2 11 Security (3) 75.8 89.4 88.3 92.6 93.6 93.5 94.8 104.7 103.2 101.3 96.0 96.1 12 Other loans and leases 266.5 288.9 296.3 299.1 300.0 302.7 302.4 306.8 309.4 312.1 313.6 319.2 13 Interbank loans 204.5 215.5 217.7 190.3 184.4 191.2 199.1 199.6 193.3 205.0 189.5 220.0 14 Cash assets (4) 226.1 246.4 243.7 247.8 244.6 261.5 256.8 267.4 274.1 300.3 256.4 280.9 15 Other assets (5) 252.2 278.5 280.7 286.7 282.3 285.6 286.4 295.8 308.4 301.5 303.2 334.8 16 TOTAL ASSETS (6) 4,342.6 4,581.6 4,587.3 4,589.5 4,609.6 4,646.8 4,673.1 4,729.6 4,771.9 4,814.4 4,745.7 4,867.2 L I A B I L I T I E S 17 Deposits 2,803.0 2,948.5 2,934.3 2,967.8 2,993.6 3,016.6 3,031.2 3,044.6 3,074.1 3,111.6 3,046.8 3,113.6 18 Transaction 719.0 701.6 689.4 693.2 688.7 694.9 679.7 679.3 678.5 713.2 661.9 704.0 19 Nontransaction 2,084.1 2,246.9 2,244.9 2,274.6 2,304.9 2,321.8 2,351.5 2,365.3 2,395.5 2,398.4 2,384.9 2,409.6 20 Large time 490.6 567.2 561.4 577.7 596.7 602.8 618.5 617.3 624.2 632.2 634.3 636.9 21 Other 1,593.5 1,679.7 1,683.5 1,696.9 1,708.2 1,719.0 1,733.1 1,747.9 1,771.3 1,766.2 1,750.6 1,772.8 22 Borrowings 688.5 761.4 760.7 728.0 727.8 741.3 762.3 803.2 812.0 824.1 813.6 839.4 23 From banks in the U.S. 288.3 311.6 299.9 267.3 263.7 275.6 283.3 293.2 296.0 298.1 300.1 312.3 24 From others 400.1 449.8 460.8 460.7 464.1 465.7 479.1 510.0 516.0 526.0 513.4 527.0 25 Net due to related foreign offices 244.1 211.6 234.1 229.5 215.0 207.0 206.5 187.3 189.8 184.7 193.1 173.3 26 Other liabilities 241.8 271.4 265.1 266.7 278.5 285.3 274.5 291.6 298.1 296.5 302.4 311.3 27 TOTAL LIABILITIES 3,977.3 4,192.9 4,194.2 4,192.0 4,214.9 4,250.3 4,274.5 4,326.6 4,374.0 4,416.8 4,355.9 4,437.5 28 Residual (assets less liabilities) (7) 365.2 388.7 393.1 397.5 394.7 396.5 398.6 403.0 397.9 397.6 389.9 429.6 ------------------------------------------------- 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 December 5, 1997 Account 1996 1997 1997 1997 1997 1997 1997 1997 Week ending Oct Apr May Jun Jul Aug Sep Oct Nov 5 Nov 12 Nov 19 Nov 26 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,718.3 3,897.2 3,906.3 3,925.2 3,951.1 3,966.6 3,989.0 4,025.1 4,067.4 4,067.6 4,058.2 4,083.4 2 Securities in bank credit 968.9 1,035.7 1,023.2 1,016.8 1,028.1 1,029.2 1,030.7 1,046.6 1,076.0 1,078.6 1,070.5 1,085.0 3 U.S. government securities 702.2 725.7 725.2 725.5 721.8 716.3 722.8 731.5 743.4 744.1 737.5 750.5 4 Other securities 266.7 310.0 298.0 291.2 306.3 312.9 307.9 315.0 332.6 334.5 332.9 334.5 5 Loans and leases in bank credit (2) 2,749.4 2,861.4 2,883.1 2,908.4 2,922.9 2,937.4 2,958.3 2,978.6 2,991.4 2,989.0 2,987.8 2,998.5 6 Commercial and industrial 766.3 810.4 814.2 815.7 817.5 819.9 830.3 839.5 840.4 840.0 844.4 849.9 7 Real estate 1,119.3 1,163.6 1,174.7 1,187.7 1,197.6 1,205.1 1,213.6 1,217.7 1,226.4 1,229.4 1,222.2 1,222.9 8 Revolving home equity 83.4 88.4 90.1 91.8 93.0 94.2 95.8 96.7 97.2 97.3 97.7 97.7 9 Other 1,035.9 1,075.2 1,084.6 1,095.9 1,104.6 1,111.0 1,117.9 1,121.0 1,129.2 1,132.0 1,124.5 1,125.2 10 Consumer 519.4 512.6 514.3 514.9 514.8 518.0 515.6 507.7 506.4 505.0 509.1 510.9 11 Security (3) 75.7 89.9 88.7 92.2 92.1 91.6 93.9 104.5 105.7 102.0 98.7 98.4 12 Other loans and leases 268.7 285.0 291.2 297.9 300.9 302.7 304.9 309.2 312.5 312.8 313.4 316.4 13 Interbank loans 199.3 213.9 213.2 187.8 182.2 186.8 193.5 194.4 197.2 210.6 194.7 218.5 14 Cash assets (4) 227.0 241.6 241.5 244.4 240.9 247.9 253.5 268.3 271.3 311.1 267.6 286.4 15 Other assets (5) 249.7 276.2 283.0 287.0 284.4 289.0 289.0 292.5 309.0 302.2 299.0 329.6 16 TOTAL ASSETS (6) 4,337.6 4,572.4 4,587.4 4,587.6 4,601.9 4,633.2 4,668.1 4,723.8 4,788.1 4,834.8 4,762.7 4,861.0 L I A B I L I T I E S 17 Deposits 2,807.9 2,945.9 2,925.6 2,963.0 2,984.9 3,006.6 3,031.3 3,052.4 3,095.1 3,135.6 3,065.4 3,114.3 18 Transaction 716.7 704.8 679.5 687.5 682.4 682.3 678.3 677.3 683.6 722.5 674.2 705.1 19 Nontransaction 2,091.2 2,241.1 2,246.1 2,275.5 2,302.5 2,324.2 2,353.1 2,375.1 2,411.4 2,413.1 2,391.2 2,409.1 20 Large time 495.6 562.8 566.2 577.5 592.4 601.9 613.7 624.9 633.2 638.9 637.4 639.7 21 Other 1,595.6 1,678.3 1,679.9 1,698.0 1,710.1 1,722.3 1,739.3 1,750.2 1,778.2 1,774.2 1,753.9 1,769.5 22 Borrowings 680.9 762.2 771.0 748.4 742.4 746.6 766.0 793.0 806.2 812.0 797.4 817.6 23 From banks in the U.S. 281.8 310.3 308.4 281.0 272.6 280.8 284.9 285.2 291.0 295.6 290.1 300.6 24 From others 399.1 451.9 462.6 467.4 469.8 465.8 481.1 507.8 515.3 516.4 507.3 517.0 25 Net due to related foreign offices 245.7 210.0 236.5 219.8 211.4 202.8 199.1 187.9 179.3 181.2 181.7 181.7 26 Other liabilities 240.9 271.7 268.7 269.1 276.9 284.3 275.0 290.2 302.1 302.0 306.6 315.8 27 TOTAL LIABILITIES 3,975.3 4,189.8 4,201.9 4,200.3 4,215.7 4,240.2 4,271.4 4,323.4 4,382.7 4,430.8 4,351.1 4,429.4 28 Residual (assets less liabilities) (7) 362.3 382.5 385.5 387.3 386.2 393.0 396.7 400.4 405.4 404.0 411.6 431.6 MEMO 29 Reval. gains on off-bal. sheet items (8) 62.5 90.1 81.4 76.1 84.2 86.1 78.2 77.4 81.1 84.7 83.7 80.9 30 Reval. losses on off-bal. sheet items (8) 58.4 87.8 85.2 79.9 87.6 89.3 81.4 80.7 83.1 86.7 85.4 83.7 ------------------------------------------------- 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 December 5, 1997 Account 1996 1997 1997 1997 1997 1997 1997 1997 Week ending Oct Apr May Jun Jul Aug Sep Oct Nov 5 Nov 12 Nov 19 Nov 26 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,235.5 3,366.5 3,367.6 3,387.7 3,419.4 3,433.4 3,450.7 3,480.2 3,496.0 3,517.2 3,510.5 3,529.5 2 Securities in bank credit 819.9 856.3 841.1 836.9 850.5 845.8 847.2 864.7 875.1 885.0 881.2 885.8 3 U.S. government securities 619.5 636.3 634.6 636.0 635.1 627.3 633.0 643.4 652.6 656.8 657.0 659.9 4 Other securities 200.4 220.1 206.5 200.9 215.4 218.5 214.2 221.2 222.5 228.2 224.2 225.9 5 Loans and leases in bank credit (2) 2,415.6 2,510.2 2,526.4 2,550.9 2,568.8 2,587.6 2,603.5 2,615.5 2,620.9 2,632.2 2,629.4 2,643.8 6 Commercial and industrial 563.9 587.2 589.4 594.4 598.6 605.2 614.5 620.4 619.3 623.5 623.8 629.1 7 Real estate 1,083.4 1,136.8 1,148.6 1,159.9 1,169.2 1,175.4 1,182.9 1,187.1 1,194.9 1,197.9 1,192.2 1,192.5 8 Revolving home equity 82.9 89.1 90.4 91.8 93.0 93.9 95.1 96.1 96.6 96.8 97.1 97.2 9 Other 1,000.5 1,047.7 1,058.3 1,068.1 1,076.2 1,081.6 1,087.8 1,091.1 1,098.2 1,101.1 1,095.0 1,095.4 10 Consumer 519.2 515.0 516.4 517.7 517.1 517.5 513.4 507.6 506.3 505.0 509.0 510.2 11 Security (3) 42.9 46.5 45.6 47.8 50.0 51.0 51.4 57.6 55.9 57.5 56.3 57.5 12 Other loans and leases 206.1 224.7 226.4 231.0 233.9 238.5 241.2 242.8 244.5 248.3 248.2 254.4 13 Interbank loans 183.9 196.9 197.9 171.8 166.2 173.8 182.1 180.7 179.1 181.1 171.4 193.5 14 Cash assets (4) 196.4 213.8 210.1 212.7 211.2 227.6 222.1 233.4 238.1 264.1 220.5 246.8 15 Other assets (5) 219.5 239.5 242.1 246.1 240.6 243.0 244.4 254.5 265.0 257.2 258.7 288.9 16 TOTAL ASSETS (6) 3,778.8 3,960.5 3,961.5 3,961.9 3,980.8 4,021.2 4,042.9 4,092.2 4,121.5 4,163.0 4,104.6 4,201.9 L I A B I L I T I E S 17 Deposits 2,605.6 2,691.8 2,685.0 2,713.7 2,727.2 2,749.7 2,760.6 2,778.1 2,804.4 2,836.2 2,771.3 2,829.6 18 Transaction 708.6 690.9 678.5 682.6 677.9 683.4 668.5 668.4 667.5 701.9 650.8 692.6 19 Nontransaction 1,897.0 2,000.9 2,006.5 2,031.1 2,049.2 2,066.3 2,092.1 2,109.7 2,136.9 2,134.3 2,120.6 2,137.1 20 Large time 305.8 323.8 325.5 336.8 343.6 349.9 361.6 364.4 369.8 372.1 372.5 373.2 21 Other 1,591.3 1,677.1 1,681.0 1,694.4 1,705.6 1,716.4 1,730.5 1,745.4 1,767.1 1,762.2 1,748.1 1,763.9 22 Borrowings 571.0 622.8 620.1 591.3 594.5 605.9 621.5 643.8 639.3 659.4 659.9 673.2 23 From banks in the U.S. 256.0 279.8 268.6 239.2 235.4 246.5 249.7 257.6 258.9 268.7 276.0 285.5 24 From others 315.0 343.0 351.4 352.1 359.1 359.4 371.8 386.2 380.4 390.8 383.9 387.8 25 Net due to related foreign offices 76.5 77.3 85.7 81.1 85.6 79.8 84.3 74.0 74.2 73.9 74.6 68.0 26 Other liabilities 167.5 179.7 176.4 177.7 184.1 188.9 179.6 197.6 202.8 200.7 203.3 211.4 27 TOTAL LIABILITIES 3,420.6 3,571.6 3,567.1 3,563.9 3,591.3 3,624.3 3,646.1 3,693.6 3,720.7 3,770.2 3,709.1 3,782.2 28 Residual (assets less liabilities) (7) 358.2 389.0 394.4 398.0 389.5 396.9 396.8 398.6 400.7 392.8 395.4 419.6 ------------------------------------------------- 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 December 5, 1997 Account 1996 1997 1997 1997 1997 1997 1997 1997 Week ending Oct Apr May Jun Jul Aug Sep Oct Nov 5 Nov 12 Nov 19 Nov 26 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,238.5 3,365.9 3,369.6 3,391.1 3,414.8 3,430.6 3,454.3 3,483.1 3,507.3 3,520.7 3,515.9 3,528.4 2 Securities in bank credit 819.9 858.3 845.3 842.7 849.0 847.3 849.1 864.6 877.3 884.6 881.2 882.2 3 U.S. government securities 620.6 639.5 636.5 637.1 633.8 628.4 635.2 644.9 655.0 657.5 657.6 659.3 4 Other securities 199.3 218.8 208.7 205.6 215.2 218.9 213.9 219.7 222.3 227.1 223.6 223.0 5 Loans and leases in bank credit (2) 2,418.5 2,507.6 2,524.3 2,548.4 2,565.8 2,583.3 2,605.2 2,618.4 2,630.0 2,636.0 2,634.7 2,646.2 6 Commercial and industrial 561.5 593.8 595.9 597.1 598.7 600.8 610.2 617.6 618.9 620.9 622.4 626.6 7 Real estate 1,086.4 1,132.7 1,144.5 1,158.4 1,169.4 1,177.1 1,186.1 1,190.3 1,198.7 1,202.5 1,195.4 1,196.5 8 Revolving home equity 83.4 88.4 90.1 91.8 93.0 94.2 95.8 96.7 97.2 97.3 97.7 97.7 9 Other 1,002.9 1,044.3 1,054.3 1,066.5 1,076.4 1,082.9 1,090.4 1,093.6 1,101.5 1,105.2 1,097.7 1,098.8 10 Consumer 519.4 512.6 514.3 514.9 514.8 518.0 515.6 507.7 506.4 505.0 509.1 510.9 11 Security (3) 42.8 47.0 46.0 47.4 48.5 49.1 50.5 57.4 58.5 58.1 59.0 59.8 12 Other loans and leases 208.5 221.5 223.6 230.6 234.4 238.3 242.8 245.3 247.6 249.6 248.8 252.3 13 Interbank loans 178.7 195.3 193.4 169.2 163.9 169.4 176.5 175.5 183.0 186.8 176.6 192.0 14 Cash assets (4) 197.0 209.9 207.8 208.6 207.4 214.1 219.6 234.0 235.5 274.5 231.2 251.9 15 Other assets (5) 217.3 238.6 243.4 246.4 243.6 245.6 246.6 251.6 265.3 257.8 254.6 283.2 16 TOTAL ASSETS (6) 3,775.0 3,953.6 3,957.9 3,958.8 3,973.2 4,002.9 4,040.4 4,087.8 4,134.6 4,183.1 4,121.8 4,198.7 L I A B I L I T I E S 17 Deposits 2,605.1 2,695.6 2,675.8 2,708.5 2,721.5 2,741.9 2,761.7 2,777.8 2,818.3 2,854.8 2,787.7 2,828.0 18 Transaction 706.2 694.6 669.1 677.0 671.7 671.2 666.6 666.3 672.7 711.2 663.2 693.7 19 Nontransaction 1,898.9 2,001.0 2,006.7 2,031.6 2,049.8 2,070.7 2,095.2 2,111.6 2,145.6 2,143.6 2,124.5 2,134.3 20 Large time 305.6 325.3 329.4 336.0 342.3 350.9 358.3 364.0 371.7 373.4 373.2 373.9 21 Other 1,593.3 1,675.8 1,677.3 1,695.5 1,707.6 1,719.7 1,736.8 1,747.6 1,773.9 1,770.2 1,751.3 1,760.5 22 Borrowings 566.8 621.1 630.5 606.8 600.3 605.9 624.2 638.4 636.1 653.7 649.8 660.5 23 From banks in the U.S. 251.9 278.2 277.6 251.3 242.7 251.0 252.2 252.9 255.2 265.9 266.2 274.2 24 From others 314.8 342.8 352.9 355.5 357.5 354.9 372.0 385.4 380.9 387.8 383.5 386.3 25 Net due to related foreign offices 78.2 78.8 92.3 79.6 83.2 77.4 80.1 75.6 71.3 69.9 69.1 69.1 26 Other liabilities 168.2 180.2 177.3 179.1 184.6 187.4 180.3 198.3 207.1 205.0 207.1 214.6 27 TOTAL LIABILITIES 3,418.2 3,575.7 3,576.0 3,574.1 3,589.5 3,612.6 3,646.3 3,690.1 3,732.8 3,783.3 3,713.8 3,772.3 28 Residual (assets less liabilities) (7) 356.8 377.9 381.9 384.7 383.7 390.4 394.1 397.7 401.8 399.8 408.0 426.5 MEMO 29 Reval. gains on off-bal. sheet items (8) 32.5 49.5 42.0 38.5 44.3 45.1 37.5 38.2 39.8 43.3 42.0 40.0 30 Reval. losses on off-bal. sheet items (8) 28.9 44.6 43.4 40.2 45.9 46.5 40.0 41.3 41.9 45.2 43.6 42.4 31 Mortgage-backed securities (9) 237.0 248.7 248.8 250.4 254.0 255.5 257.9 263.2 271.4 271.2 270.0 273.2 ------------------------------------------------- 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 December 5, 1997 Account 1996 1997 1997 1997 1997 1997 1997 1997 Week ending Oct Apr May Jun Jul Aug Sep Oct Nov 5 Nov 12 Nov 19 Nov 26 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 1,906.3 1,984.5 1,975.8 1,986.3 2,005.3 2,007.9 2,019.1 2,044.8 2,051.3 2,070.9 2,066.0 2,084.8 2 Securities in bank credit 423.0 450.8 434.2 430.0 441.7 437.0 439.7 455.7 464.5 473.8 470.6 477.0 3 U.S. government securities 302.5 313.9 310.7 311.8 309.8 302.0 308.8 318.6 327.6 331.3 331.1 335.1 3a Trading account 21.3 20.3 19.4 22.9 23.7 20.6 23.3 25.5 26.2 25.9 25.5 27.9 3b Investment account 281.2 293.5 291.3 288.9 286.2 281.4 285.5 293.1 301.4 305.4 305.6 307.2 4 Other securities 120.5 137.0 123.5 118.2 131.9 134.9 130.8 137.1 136.9 142.5 139.5 141.9 4a Trading account 55.1 72.0 58.4 51.8 64.2 63.7 59.6 65.4 65.9 71.4 67.3 67.9 4b Investment account 65.4 65.0 65.1 66.4 67.7 71.3 71.2 71.8 70.9 71.0 72.2 74.0 4c State and local government 20.2 20.8 21.1 21.7 22.1 22.3 22.1 22.0 22.0 21.9 21.8 21.7 4d Other 45.2 44.2 44.0 44.6 45.5 49.0 49.2 49.8 49.0 49.2 50.4 52.2 5 Loans and leases in bank credit (2) 1,483.3 1,533.7 1,541.6 1,556.3 1,563.6 1,570.9 1,579.5 1,589.1 1,586.8 1,597.2 1,595.4 1,607.8 6 Commercial and industrial 397.7 412.8 413.2 416.5 418.7 423.5 431.4 435.9 433.6 437.4 437.2 442.2 6a Bankers acceptances 1.8 1.6 1.6 1.6 1.6 1.5 1.5 1.3 1.2 1.3 1.2 1.2 6b Other 395.9 411.2 411.6 414.8 417.1 422.0 429.9 434.6 432.3 436.2 436.0 441.0 7 Real estate 601.7 616.7 623.4 628.3 627.8 628.2 629.7 630.0 633.3 635.9 632.1 633.7 8 Revolving home equity 58.6 61.6 62.5 63.7 64.5 65.1 66.0 66.6 66.9 66.9 67.3 67.4 9 Other 543.1 555.1 560.8 564.5 563.3 563.2 563.7 563.4 566.4 569.0 564.9 566.3 10 Consumer 299.5 301.3 302.7 303.1 303.8 301.6 299.4 296.1 293.5 292.6 295.1 294.5 11 Security (3) 38.5 41.9 41.0 43.2 45.4 46.2 46.6 52.5 50.8 52.4 51.5 52.4 11a Fed funds and RPs with broker/dealer 22.9 23.8 23.4 26.4 28.6 30.0 29.6 35.4 34.5 36.6 34.9 35.8 11b Other 15.6 18.1 17.6 16.8 16.9 16.3 16.9 17.1 16.3 15.8 16.6 16.6 12a State and local government 11.6 11.3 11.2 11.3 11.2 11.3 11.4 11.3 11.3 11.3 11.1 11.0 12b Agricultural 8.8 8.8 8.9 8.8 8.7 8.8 8.9 9.0 9.2 9.3 9.2 9.3 12c Fed funds and RPs with others 6.4 7.5 5.8 6.4 7.4 6.3 6.6 8.9 7.4 8.6 12.6 14.3 12d All other loans 60.9 64.0 64.8 66.3 66.0 68.7 68.4 67.4 69.0 71.0 67.4 71.0 12e Lease financing receivables 58.1 69.3 70.7 72.4 74.5 76.2 77.2 77.9 78.6 78.7 79.0 79.4 13 Interbank loans 140.9 149.3 150.0 121.9 115.6 121.6 128.0 124.6 123.1 125.5 120.2 136.5 13a Fed funds and RPs with banks 88.0 97.1 93.6 70.0 69.8 74.1 80.9 78.0 76.0 79.3 75.5 91.1 13b Other 52.9 52.3 56.4 51.8 45.8 47.4 47.2 46.6 47.1 46.2 44.6 45.4 14 Cash assets (4) 137.2 146.1 143.9 143.8 143.0 156.3 150.7 163.4 167.2 186.2 152.9 177.3 15 Other assets (5) 172.0 181.5 185.4 184.9 178.6 180.3 184.7 193.2 200.5 195.6 197.1 198.3 16 TOTAL ASSETS (6) 2,319.0 2,424.6 2,418.5 2,399.9 2,405.7 2,429.5 2,446.3 2,489.6 2,505.6 2,541.9 2,500.0 2,560.6 ------------------------------------------------- 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) December 5, 1997 Account 1996 1997 1997 1997 1997 1997 1997 1997 Week ending Oct Apr May Jun Jul Aug Sep Oct Nov 5 Nov 12 Nov 19 Nov 26 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- L I A B I L I T I E S 17 Deposits 1,445.4 1,476.2 1,466.0 1,481.8 1,476.5 1,490.4 1,498.2 1,506.7 1,521.6 1,547.2 1,505.6 1,545.9 18 Transaction 409.1 388.5 377.8 380.9 375.0 379.3 367.8 368.7 368.0 394.1 356.2 391.4 19 Nontransaction 1,036.3 1,087.7 1,088.2 1,100.9 1,101.4 1,111.1 1,130.4 1,138.0 1,153.7 1,153.1 1,149.3 1,154.5 20 Large time 159.6 169.6 169.7 178.0 182.6 188.0 198.2 199.5 203.3 205.6 206.3 206.7 21 Other 876.7 918.1 918.5 922.9 918.8 923.1 932.2 938.5 950.4 947.4 943.1 947.8 22 Borrowings 421.3 467.8 467.2 437.7 437.1 446.1 463.8 488.2 484.4 502.3 503.3 518.4 23 From banks in the U.S. 170.8 194.5 182.6 158.6 158.6 168.4 175.4 183.0 186.5 194.9 201.2 211.7 24 From others 250.6 273.3 284.5 279.1 278.6 277.7 288.5 305.1 297.9 307.3 302.1 306.7 25 Net due to related foreign offices 73.2 72.9 81.5 77.3 80.8 75.3 79.5 68.9 68.8 68.5 70.1 63.5 26 Other liabilities 143.3 154.4 150.3 151.0 158.0 161.9 151.8 170.0 174.4 172.7 174.6 179.9 27 TOTAL LIABILITIES 2,083.2 2,171.3 2,165.0 2,147.8 2,152.4 2,173.7 2,193.4 2,233.8 2,249.2 2,290.6 2,253.6 2,307.8 28 Residual (assets less liabilities) (7) 235.8 253.3 253.5 252.1 253.2 255.8 253.0 255.8 256.4 251.3 246.5 252.9 ------------------------------------------------- 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 December 5, 1997 Account 1996 1997 1997 1997 1997 1997 1997 1997 Week ending Oct Apr May Jun Jul Aug Sep Oct Nov 5 Nov 12 Nov 19 Nov 26 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 1,906.8 1,983.5 1,978.0 1,988.7 2,000.2 2,005.4 2,018.8 2,044.9 2,060.5 2,072.6 2,070.4 2,081.3 2 Securities in bank credit 424.1 449.3 436.6 434.1 441.0 440.4 441.2 456.6 468.2 474.5 473.0 474.3 3 U.S. government securities 304.7 313.9 311.1 311.1 309.3 304.8 310.5 321.0 331.5 333.2 334.1 335.7 3a Trading account 22.1 20.5 19.6 21.4 22.6 21.3 23.4 26.3 27.8 27.3 28.1 28.0 3b Investment account 282.6 293.4 291.5 289.7 286.7 283.5 287.1 294.6 303.6 305.9 306.0 307.7 3c Mortgage-backed 172.3 187.1 187.0 187.4 188.5 187.5 189.2 194.8 202.8 202.0 202.3 205.4 3d Other 110.2 106.3 104.4 102.3 98.2 96.0 97.9 99.9 100.9 103.8 103.7 102.3 3e 1 year or less 32.0 29.5 27.9 27.9 26.2 26.2 27.0 25.7 27.2 29.0 28.1 28.3 3f Between 1 and 5 years 61.7 58.5 57.7 55.3 51.2 48.8 48.7 51.6 52.4 53.2 52.2 51.2 3g More than 5 years 16.5 18.2 18.8 19.1 20.7 21.0 22.2 22.6 21.2 21.6 23.4 22.8 4 Other securities 119.4 135.4 125.4 123.0 131.7 135.6 130.7 135.6 136.8 141.4 138.9 138.6 4a Trading account 53.5 70.8 60.6 57.0 64.9 64.8 59.4 63.3 65.0 69.5 65.6 63.4 4b Investment account 65.9 64.6 64.8 66.0 66.8 70.8 71.2 72.3 71.8 71.8 73.4 75.2 4c State and local government 20.2 20.9 21.2 21.8 21.7 22.0 22.0 22.0 22.0 22.0 21.9 22.0 4d Other 45.7 43.7 43.7 44.2 45.0 48.8 49.2 50.3 49.8 49.9 51.4 53.2 5 Loans and leases in bank credit (2) 1,482.7 1,534.1 1,541.4 1,554.7 1,559.3 1,565.1 1,577.6 1,588.3 1,592.3 1,598.1 1,597.4 1,607.0 6 Commercial and industrial 395.9 418.2 418.3 418.0 418.8 420.3 428.1 433.7 433.8 435.6 436.6 440.4 6a Bankers acceptances 2.0 1.6 1.5 1.6 1.5 1.5 1.5 1.4 1.3 1.4 1.3 1.4 6b Other 394.0 416.6 416.8 416.4 417.3 418.8 426.5 432.4 432.4 434.2 435.3 439.0 7 Real estate 602.4 615.4 620.7 626.9 627.5 628.7 630.7 630.9 635.1 638.4 633.3 634.8 8 Revolving home equity 58.9 61.2 62.4 63.7 64.5 65.3 66.4 67.0 67.3 67.3 67.7 67.8 9a Other residential 335.5 342.3 344.7 347.9 348.0 348.8 348.5 346.7 349.6 352.4 348.2 348.4 9b Commercial 208.0 211.9 213.6 215.2 215.1 214.6 215.9 217.2 218.2 218.6 217.4 218.7 10 Consumer 299.0 299.2 301.0 302.1 301.6 302.1 300.8 295.6 293.0 292.2 294.4 294.4 11 Security (3) 38.4 42.4 41.6 43.0 44.1 44.4 45.7 52.4 53.1 52.8 53.9 54.6 11a Fed funds and RPs with broker/dealer 23.0 24.8 24.1 26.0 27.9 28.5 29.3 35.4 36.9 37.3 37.2 36.9 11b Other 15.5 17.6 17.5 17.0 16.2 15.9 16.4 16.9 16.2 15.5 16.7 17.8 12a State and local government 11.7 11.3 11.2 11.3 11.3 11.4 11.5 11.3 11.4 11.3 11.2 11.1 12b Agricultural 8.9 8.6 8.9 8.9 9.0 9.1 9.1 9.1 9.2 9.3 9.2 9.2 12c Fed funds and RPs with others 6.3 7.1 5.9 6.6 7.6 6.2 7.2 8.7 6.7 7.3 9.9 10.6 12d All other loans 61.9 62.8 63.2 65.7 65.4 67.5 68.0 68.5 71.4 72.7 69.8 72.4 12e Lease financing receivables 58.1 69.1 70.6 72.2 74.0 75.3 76.5 78.0 78.6 78.7 79.0 79.4 13 Interbank loans 135.3 147.3 149.0 122.2 116.0 118.2 124.2 119.2 120.8 125.7 120.1 133.2 13a Fed funds and RPs with banks 82.8 97.1 94.5 71.4 69.2 71.0 77.7 72.8 75.1 80.6 75.3 88.1 13b Other 52.6 50.2 54.5 50.8 46.8 47.1 46.5 46.3 45.7 45.0 44.8 45.1 14 Cash assets (4) 136.7 143.6 141.9 141.1 139.6 145.1 149.8 162.9 163.2 193.3 160.3 180.6 15 Other assets (5) 170.0 181.6 187.2 187.1 181.5 182.8 186.5 190.6 199.2 194.5 193.1 194.3 16 TOTAL ASSETS (6) 2,311.6 2,419.3 2,419.4 2,402.2 2,400.6 2,414.8 2,442.8 2,481.4 2,507.3 2,549.8 2,507.7 2,553.1 ------------------------------------------------- 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) December 5, 1997 Account 1996 1997 1997 1997 1997 1997 1997 1997 Week ending Oct Apr May Jun Jul Aug Sep Oct Nov 5 Nov 12 Nov 19 Nov 26 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- L I A B I L I T I E S 17 Deposits 1,442.6 1,477.8 1,459.4 1,478.5 1,474.2 1,485.2 1,497.1 1,504.1 1,526.3 1,556.5 1,515.0 1,542.5 18 Transaction 406.3 391.8 371.8 376.9 371.0 370.3 366.6 366.1 368.3 399.7 365.9 393.3 19 Nontransaction 1,036.3 1,085.9 1,087.6 1,101.6 1,103.2 1,114.9 1,130.5 1,138.0 1,158.0 1,156.8 1,149.1 1,149.2 20 Large time 159.0 170.0 172.7 177.8 182.0 189.3 195.2 198.7 204.4 206.1 206.7 207.0 21 Other 877.3 915.9 914.9 923.8 921.2 925.6 935.3 939.4 953.7 950.6 942.4 942.2 22 Borrowings 416.9 468.6 473.7 449.4 442.9 447.7 467.1 482.7 483.1 498.4 495.4 505.8 23 From banks in the U.S. 167.2 193.9 189.1 167.5 164.2 173.0 177.2 178.9 184.2 193.2 194.2 202.1 24 From others 249.7 274.8 284.6 281.9 278.7 274.7 289.9 303.8 298.9 305.2 301.3 303.7 25 Net due to related foreign offices 74.8 74.4 88.1 75.8 78.4 72.9 75.3 70.5 65.9 64.5 64.7 64.7 26 Other liabilities 144.0 154.6 151.6 152.9 158.3 160.2 152.8 170.7 178.7 177.0 178.5 183.3 27 TOTAL LIABILITIES 2,078.3 2,175.4 2,172.8 2,156.6 2,153.8 2,166.0 2,192.3 2,228.1 2,254.0 2,296.4 2,253.7 2,296.4 28 Residual (assets less liabilities) (7) 233.3 244.0 246.6 245.6 246.8 248.8 250.5 253.3 253.3 253.5 254.0 256.7 MEMO 29 Reval. gains on off-bal. sheet items (8) 32.5 49.5 42.0 38.5 44.3 45.1 37.5 38.2 39.8 43.3 42.0 40.0 30 Reval. losses on off-bal. sheet items (8) 28.9 44.6 43.4 40.2 45.9 46.5 40.0 41.3 41.9 45.2 43.6 42.4 31 Mortgage-backed securities (9) 197.0 205.0 204.5 204.5 204.8 204.0 205.8 211.3 219.2 218.9 220.1 223.2 31a Pass-through 131.4 140.7 141.2 142.1 142.7 141.4 142.8 147.3 151.7 151.3 151.7 154.9 31b CMO, REMIC, and other 65.6 64.3 63.3 62.4 62.1 62.6 63.0 64.0 67.6 67.6 68.4 68.3 32 Net unrealized gains (losses) on 2.1 1.8 2.1 2.6 3.1 3.7 3.3 3.9 3.9 3.5 3.6 3.6 available-for-sale securities (10) 33 Offshore credit to U.S. residents (11) 30.6 33.3 33.6 33.4 33.7 34.0 34.1 34.2 34.2 34.6 34.6 34.6 ------------------------------------------------- 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 December 5, 1997 Account 1996 1997 1997 1997 1997 1997 1997 1997 Week ending Oct Apr May Jun Jul Aug Sep Oct Nov 5 Nov 12 Nov 19 Nov 26 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 1,329.1 1,382.1 1,391.8 1,401.5 1,414.1 1,425.4 1,431.6 1,435.4 1,444.7 1,446.3 1,444.5 1,444.7 2 Securities in bank credit 396.9 405.5 406.9 406.9 408.8 408.8 407.5 409.0 410.6 411.3 410.5 408.8 3 U.S. government securities 317.0 322.4 323.9 324.1 325.3 325.2 324.1 324.9 325.0 325.5 325.9 324.8 4 Other securities 79.9 83.1 83.0 82.7 83.5 83.5 83.4 84.1 85.6 85.7 84.7 84.0 5 Loans and leases in bank credit (2) 932.3 976.5 984.8 994.6 1,005.2 1,016.7 1,024.1 1,026.4 1,034.1 1,035.0 1,034.0 1,036.0 6 Commercial and industrial 166.2 174.4 176.2 178.0 179.9 181.6 183.1 184.5 185.7 186.0 186.6 186.9 7 Real estate 481.7 520.1 525.3 531.6 541.4 547.2 553.2 557.1 561.6 562.0 560.0 558.9 8 Revolving home equity 24.3 27.5 27.8 28.1 28.5 28.8 29.0 29.5 29.7 29.8 29.9 29.8 9 Other 457.4 492.5 497.4 503.6 512.9 518.4 524.2 527.6 531.8 532.1 530.1 529.1 10 Consumer 219.7 213.7 213.8 214.6 213.4 215.9 214.1 211.4 212.7 212.4 213.9 215.7 11 Security (3) 4.4 4.6 4.6 4.6 4.6 4.7 4.9 5.2 5.1 5.1 4.8 5.1 12 Other loans and leases 60.3 63.8 65.0 65.9 66.0 67.2 68.8 68.2 69.0 69.6 68.7 69.4 13 Interbank loans 43.0 47.6 47.9 49.9 50.6 52.2 54.0 56.1 55.9 55.6 51.2 57.0 14 Cash assets (4) 59.2 67.7 66.1 68.9 68.2 71.3 71.4 69.9 70.9 77.8 67.6 69.4 15 Other assets (5) 47.5 58.0 56.7 61.3 62.1 62.7 59.7 61.3 64.5 61.6 61.5 90.5 16 TOTAL ASSETS (6) 1,459.7 1,536.0 1,543.0 1,562.0 1,575.1 1,591.7 1,596.6 1,602.6 1,615.8 1,621.1 1,604.6 1,641.2 L I A B I L I T I E S 17 Deposits 1,160.2 1,215.6 1,219.0 1,231.9 1,250.7 1,259.3 1,262.4 1,271.5 1,282.8 1,289.0 1,265.8 1,283.7 18 Transaction 299.4 302.5 300.7 301.7 302.9 304.1 300.7 299.7 299.6 307.7 294.5 301.2 19 Nontransaction 860.8 913.2 918.3 930.2 947.8 955.2 961.8 971.8 983.3 981.3 971.3 982.5 20 Large time 146.2 154.2 155.8 158.8 161.0 161.9 163.5 164.9 166.5 166.5 166.2 166.5 21 Other 714.6 759.0 762.5 771.5 786.8 793.3 798.3 806.8 816.7 814.8 805.1 816.1 22 Borrowings 149.6 154.9 152.9 153.7 157.4 159.8 157.7 155.7 154.9 157.2 156.7 154.8 23 From banks in the U.S. 85.2 85.2 86.0 80.6 76.9 78.1 74.4 74.6 72.4 73.7 74.8 73.8 24 From others 64.4 69.7 66.9 73.0 80.5 81.7 83.3 81.0 82.5 83.4 81.8 81.0 25 Net due to related foreign offices 3.4 4.4 4.2 3.8 4.8 4.5 4.8 5.1 5.4 5.4 4.4 4.4 26 Other liabilities 24.2 25.3 26.0 26.7 26.0 27.0 27.8 27.6 28.5 28.0 28.7 31.5 27 TOTAL LIABILITIES 1,337.4 1,400.3 1,402.1 1,416.1 1,438.9 1,450.6 1,452.7 1,459.8 1,471.5 1,479.6 1,455.6 1,474.5 28 Residual (assets less liabilities) (7) 122.4 135.7 140.8 145.9 136.2 141.1 143.9 142.8 144.3 141.5 149.0 166.8 ------------------------------------------------- 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 December 5, 1997 Account 1996 1997 1997 1997 1997 1997 1997 1997 Week ending Oct Apr May Jun Jul Aug Sep Oct Nov 5 Nov 12 Nov 19 Nov 26 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 1,331.7 1,382.4 1,391.6 1,402.4 1,414.5 1,425.2 1,435.5 1,438.1 1,446.8 1,448.0 1,445.5 1,447.1 2 Securities in bank credit 395.8 409.0 408.7 408.6 408.0 407.0 407.9 408.0 409.0 410.1 408.2 408.0 3 U.S. government securities 315.9 325.6 325.4 326.0 324.5 323.7 324.7 323.9 323.5 324.4 323.5 323.6 4 Other securities 79.9 83.4 83.3 82.6 83.5 83.3 83.2 84.1 85.5 85.7 84.7 84.4 5 Loans and leases in bank credit (2) 935.9 973.4 982.8 993.7 1,006.5 1,018.2 1,027.6 1,030.1 1,037.8 1,037.9 1,037.3 1,039.1 6 Commercial and industrial 165.6 175.6 177.6 179.2 179.9 180.4 182.1 183.9 185.1 185.3 185.8 186.2 7 Real estate 483.9 517.3 523.8 531.5 541.8 548.4 555.4 559.5 563.6 564.1 562.2 561.6 8 Revolving home equity 24.5 27.2 27.7 28.1 28.5 28.9 29.4 29.7 29.9 30.0 30.0 29.9 9 Other 459.5 490.1 496.0 503.4 513.3 519.5 526.0 529.8 533.7 534.1 532.2 531.7 10 Consumer 220.4 213.4 213.3 212.8 213.2 215.9 214.8 212.0 213.4 212.8 214.6 216.5 11 Security (3) 4.3 4.6 4.4 4.4 4.5 4.7 4.8 5.1 5.4 5.4 5.0 5.2 12 Other loans and leases 61.6 62.5 63.8 65.8 67.1 68.8 70.4 69.7 70.2 70.3 69.7 69.6 13 Interbank loans 43.3 48.0 44.4 47.0 48.0 51.3 52.3 56.4 62.2 61.1 56.5 58.7 14 Cash assets (4) 60.2 66.3 65.9 67.5 67.8 69.0 69.8 71.0 72.3 81.2 70.9 71.3 15 Other assets (5) 47.3 57.0 56.2 59.3 62.0 62.8 60.2 61.0 66.2 63.3 61.6 88.9 16 TOTAL ASSETS (6) 1,463.4 1,534.3 1,538.5 1,556.6 1,572.5 1,588.2 1,597.6 1,606.4 1,627.2 1,633.3 1,614.2 1,645.7 L I A B I L I T I E S 17 Deposits 1,162.5 1,217.9 1,216.4 1,230.0 1,247.3 1,256.7 1,264.7 1,273.7 1,292.0 1,298.3 1,272.7 1,285.5 18 Transaction 300.0 302.7 297.4 300.1 300.7 300.9 300.0 300.2 304.4 311.5 297.3 300.4 19 Nontransaction 862.6 915.1 919.1 929.9 946.6 955.8 964.7 973.6 987.6 986.8 975.5 985.1 20 Large time 146.6 155.2 156.6 158.3 160.2 161.6 163.1 165.4 167.3 167.3 166.5 166.8 21 Other 715.9 759.9 762.4 771.7 786.4 794.2 801.6 808.2 820.3 819.5 808.9 818.3 22 Borrowings 149.8 152.4 156.8 157.4 157.3 158.2 157.1 155.7 153.0 155.3 154.3 154.7 23 From banks in the U.S. 84.7 84.4 88.5 83.7 78.5 78.0 75.0 74.0 71.1 72.7 72.1 72.1 24 From others 65.1 68.1 68.4 73.7 78.8 80.2 82.1 81.7 81.9 82.6 82.2 82.6 25 Net due to related foreign offices 3.4 4.4 4.2 3.8 4.8 4.5 4.8 5.1 5.4 5.4 4.4 4.4 26 Other liabilities 24.2 25.6 25.7 26.2 26.2 27.2 27.5 27.5 28.4 28.0 28.6 31.3 27 TOTAL LIABILITIES 1,339.9 1,400.3 1,403.2 1,417.5 1,435.7 1,446.6 1,454.0 1,462.0 1,478.8 1,487.0 1,460.1 1,475.9 28 Residual (assets less liabilities) (7) 123.5 134.0 135.3 139.1 136.8 141.6 143.5 144.4 148.5 146.3 154.0 169.8 MEMO 29 Mortgage-backed securities (9) 40.0 43.7 44.3 45.9 49.2 51.5 52.1 51.9 52.1 52.3 49.9 49.9 ------------------------------------------------- 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 December 5, 1997 Account 1996 1997 1997 1997 1997 1997 1997 1997 Week ending Oct Apr May Jun Jul Aug Sep Oct Nov 5 Nov 12 Nov 19 Nov 26 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 481.0 531.2 534.1 533.6 535.7 532.0 536.8 543.5 557.1 547.3 542.9 558.9 2 Securities in bank credit 149.0 176.9 173.0 173.3 180.1 178.3 183.3 182.0 196.5 193.4 189.2 206.3 3 U.S. government securities 82.1 86.7 88.1 89.7 90.5 86.3 88.7 87.4 88.0 86.2 80.6 92.8 4 Other securities 66.8 90.2 84.9 83.7 89.6 92.0 94.5 94.6 108.5 107.2 108.6 113.5 5 Loans and leases in bank credit (2) 332.0 354.3 361.1 360.3 355.6 353.7 353.5 361.5 360.5 353.9 353.7 352.6 6 Commercial and industrial 206.0 215.9 218.1 217.9 217.6 219.0 221.6 223.2 221.2 219.7 222.0 223.2 7 Real estate 32.7 31.3 30.5 29.5 28.4 28.0 27.4 27.2 27.3 26.6 26.4 26.0 11 Security (3) 32.9 42.8 42.7 44.8 43.6 42.5 43.4 47.1 47.2 43.8 39.8 38.5 12 Other loans and leases 60.4 64.2 69.8 68.1 66.1 64.1 61.1 64.0 64.8 63.7 65.5 64.8 13 Interbank loans 20.6 18.6 19.8 18.6 18.3 17.4 17.0 18.9 14.2 23.9 18.1 26.6 14 Cash assets (4) 29.7 32.5 33.6 35.1 33.4 33.9 34.7 34.0 36.0 36.2 35.9 34.1 15 Other assets (5) 32.7 39.0 38.6 40.6 41.6 42.5 42.0 41.3 43.4 44.3 44.5 46.0 16 TOTAL ASSETS (6) 563.8 621.0 625.8 627.6 628.8 625.6 630.2 637.4 650.4 651.4 641.1 665.3 L I A B I L I T I E S 17 Deposits 197.4 256.7 249.3 254.1 266.4 266.9 270.6 266.5 269.6 275.4 275.4 284.0 18 Transaction 10.4 10.6 10.9 10.6 10.8 11.5 11.2 10.9 11.0 11.4 11.1 11.4 19 Nontransaction 187.1 246.0 238.4 243.5 255.7 255.4 259.4 255.5 258.6 264.0 264.3 272.6 20 Large time 184.8 243.4 235.9 240.9 253.1 252.9 256.8 253.0 254.5 260.1 261.8 263.7 21 Other 2.2 2.6 2.5 2.5 2.6 2.6 2.6 2.6 4.2 4.0 2.5 8.9 22 Borrowings 117.5 138.6 140.7 136.6 133.3 135.5 140.8 159.3 172.8 164.6 153.7 166.1 23 From banks in the U.S. 32.3 31.8 31.3 28.1 28.2 29.1 33.5 35.5 37.2 29.4 24.2 26.9 24 From others 85.1 106.8 109.4 108.6 105.0 106.3 107.3 123.8 135.6 135.2 129.5 139.2 25 Net due to related foreign offices 167.5 134.4 148.4 148.4 129.4 127.2 122.1 113.3 115.6 110.8 118.5 105.4 26 Other liabilities 74.3 91.7 88.7 89.0 94.4 96.4 94.9 94.0 95.3 95.8 99.1 99.9 27 TOTAL LIABILITIES 556.7 621.3 627.1 628.1 623.5 626.0 628.4 633.1 653.3 646.6 646.7 655.3 28 Residual (assets less liabilities) (7) 7.0 -0.3 -1.3 -0.4 5.2 -0.4 1.8 4.3 -2.8 4.7 -5.6 10.0 ------------------------------------------------- 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 December 5, 1997 Account 1996 1997 1997 1997 1997 1997 1997 1997 Week ending Oct Apr May Jun Jul Aug Sep Oct Nov 5 Nov 12 Nov 19 Nov 26 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 479.8 531.2 536.7 534.0 536.3 536.0 534.7 542.1 560.1 547.0 542.3 555.0 2 Securities in bank credit 148.9 177.4 177.9 174.0 179.1 181.9 181.6 181.9 198.7 194.0 189.2 202.7 3 U.S. government securities 81.6 86.2 88.6 88.4 88.0 87.9 87.6 86.6 88.4 86.6 79.9 91.2 3a Trading account 18.2 17.9 18.0 17.8 17.1 18.4 17.3 15.2 18.1 16.4 13.5 21.4 3b Investment account 63.4 68.3 70.6 70.6 70.9 69.5 70.3 71.4 70.3 70.2 66.5 69.8 4 Other securities 67.3 91.2 89.3 85.6 91.2 94.0 93.9 95.3 110.3 107.4 109.3 111.5 4a Trading account 46.0 61.3 59.4 57.4 60.0 61.1 61.1 62.2 69.9 67.6 69.3 71.0 4b Investment account 21.3 29.9 29.9 28.2 31.2 33.0 32.8 33.1 40.4 39.7 40.0 40.5 5 Loans and leases in bank credit (2) 330.8 353.9 358.9 360.0 357.2 354.1 353.1 360.2 361.3 353.0 353.1 352.3 6 Commercial and industrial 204.8 216.6 218.3 218.6 218.7 219.2 220.1 221.9 221.5 219.1 222.0 223.3 7 Real estate 32.9 30.9 30.2 29.3 28.3 28.0 27.5 27.4 27.7 26.9 26.8 26.4 11 Security (3) 32.9 42.8 42.7 44.8 43.6 42.5 43.4 47.1 47.2 43.8 39.8 38.5 12 Other loans and leases 60.2 63.5 67.6 67.2 66.6 64.3 62.1 63.8 64.9 63.2 64.6 64.1 13 Interbank loans 20.6 18.6 19.8 18.6 18.3 17.4 17.0 18.9 14.2 23.9 18.1 26.6 14 Cash assets (4) 30.0 31.7 33.6 35.9 33.6 33.8 33.9 34.4 35.8 36.7 36.4 34.5 15 Other assets (5) 32.4 37.6 39.6 40.5 40.9 43.4 42.4 40.9 43.7 44.4 44.4 46.4 16 TOTAL ASSETS (6) 562.6 618.8 629.5 628.8 628.7 630.3 627.7 636.0 653.5 651.7 640.9 662.3 L I A B I L I T I E S 17 Deposits 202.8 250.3 249.8 254.5 263.4 264.7 269.6 274.5 276.8 280.8 277.7 286.2 18 Transaction 10.4 10.2 10.4 10.5 10.8 11.2 11.7 11.0 10.9 11.3 11.0 11.4 19 Nontransaction 192.3 240.1 239.4 244.0 252.7 253.5 257.9 263.5 265.8 269.5 266.7 274.8 20 Large time 190.0 237.5 236.9 241.4 250.1 251.0 255.4 260.9 261.5 265.5 264.2 265.8 21 Other 2.3 2.6 2.6 2.5 2.5 2.5 2.5 2.6 4.3 4.0 2.5 9.0 22 Borrowings 114.2 141.1 140.5 141.6 142.1 140.7 141.8 154.6 170.2 158.3 147.6 157.1 23 From banks in the U.S. 29.9 32.1 30.8 29.8 29.9 29.7 32.7 32.3 35.7 29.7 23.8 26.4 24 From others 84.3 109.0 109.6 111.9 112.2 111.0 109.1 122.3 134.4 128.6 123.8 130.7 25 Net due to related foreign offices 167.5 131.2 144.2 140.2 128.2 125.4 119.0 112.2 108.0 111.3 112.6 112.6 26 Other liabilities 72.7 91.5 91.4 89.9 92.3 96.9 94.7 92.0 95.0 97.0 99.4 101.2 27 TOTAL LIABILITIES 557.1 614.2 625.9 626.2 626.1 627.7 625.1 633.3 649.9 647.5 637.4 657.1 28 Residual (assets less liabilities) (7) 5.5 4.6 3.6 2.5 2.6 2.6 2.6 2.6 3.6 4.2 3.6 5.2 MEMO 29 Reval. gains on off-bal. sheet items (8) 30.0 40.5 39.4 37.6 39.9 41.1 40.7 39.2 41.3 41.4 41.6 40.9 30 Reval. losses on off-bal. sheet items (8) 29.4 43.2 41.8 39.7 41.7 42.7 41.4 39.5 41.2 41.5 41.8 41.3 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Footnotes Page 13 December 5, 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. NOTE: Domestically chartered commercial banks acquired $300 million in assets and liabilities of thrift institutions in the week ending November 26, 1997. The major asset item affected was real estate loans, other, $300 million. The major liability item affected was nontransaction deposits, other, $300 million.