h8.ascii 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 February 13, 1998 Account 1997 1997 1997 1997 1997 1997 1997 1998 Week ending Jan Jul Aug Sep Oct Nov Dec Jan Jan 14 Jan 21 Jan 28 Feb 4 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,803.5 3,957.4 3,970.9 3,995.8 4,030.0 4,074.6 4,109.5 4,159.5 4,146.6 4,172.4 4,163.5 4,173.3 2 Securities in bank credit 1,005.1 1,031.4 1,025.2 1,031.9 1,046.4 1,080.9 1,101.4 1,119.1 1,118.4 1,123.7 1,111.0 1,125.0 3 U.S. government securities 706.3 726.7 715.5 724.5 732.2 745.6 751.8 762.2 758.3 761.1 760.3 771.7 4 Other securities 298.7 304.7 309.7 307.4 314.2 335.3 349.6 356.9 360.1 362.6 350.6 353.3 5 Loans and leases in bank credit (2) 2,798.4 2,926.0 2,945.7 2,963.8 2,983.6 2,993.7 3,008.1 3,040.4 3,028.2 3,048.7 3,052.5 3,048.3 6 Commercial and industrial 784.5 817.0 825.6 837.6 843.8 846.8 857.3 865.6 863.2 867.5 865.4 869.9 7 Real estate 1,135.6 1,198.2 1,205.5 1,214.2 1,219.8 1,226.0 1,225.6 1,229.9 1,227.5 1,231.3 1,229.3 1,236.9 8 Revolving home equity 85.2 93.2 94.3 95.5 96.4 97.3 98.3 98.8 98.6 98.8 99.1 99.2 9 Other 1,050.5 1,105.1 1,111.2 1,118.6 1,123.4 1,128.7 1,127.3 1,131.1 1,128.8 1,132.5 1,130.1 1,137.6 10 Consumer 521.8 517.6 518.8 515.0 509.1 509.4 509.1 506.0 505.9 506.5 507.5 501.7 11 Security (3) 81.3 93.5 93.3 94.5 104.1 97.6 97.0 117.0 110.6 119.7 129.2 115.6 12 Other loans and leases 275.2 299.7 302.6 302.6 306.9 313.8 319.1 321.9 321.0 323.7 321.2 324.2 13 Interbank loans 197.8 184.6 191.5 199.6 202.0 207.7 216.1 201.4 200.5 202.7 197.3 191.0 14 Cash assets (4) 230.8 245.3 262.9 258.9 269.0 279.1 267.9 266.7 256.4 274.3 269.1 259.8 15 Other assets (5) 257.5 282.1 283.9 284.0 294.3 304.2 307.4 311.4 305.1 313.0 312.5 322.4 16 TOTAL ASSETS (6) 4,433.5 4,612.5 4,652.4 4,681.7 4,738.6 4,808.8 4,844.0 4,882.1 4,851.7 4,905.7 4,885.6 4,889.6 L I A B I L I T I E S 17 Deposits 2,870.7 3,005.2 3,029.8 3,045.8 3,060.3 3,105.6 3,116.2 3,117.7 3,110.2 3,126.8 3,110.7 3,125.4 18 Transaction 714.2 690.1 697.2 682.9 682.3 692.4 687.5 676.9 666.7 693.8 680.2 671.4 19 Nontransaction 2,156.4 2,315.0 2,332.6 2,362.8 2,378.0 2,413.2 2,428.6 2,440.8 2,443.5 2,432.9 2,430.4 2,454.0 20 Large time 527.0 597.5 603.1 618.4 617.0 636.3 646.2 645.3 642.7 643.6 646.8 648.0 21 Other 1,629.4 1,717.5 1,729.5 1,744.4 1,761.0 1,776.9 1,782.4 1,795.5 1,800.8 1,789.3 1,783.6 1,806.0 22 Borrowings 725.9 730.3 744.9 767.2 806.1 826.2 830.3 841.6 833.3 846.7 855.2 837.7 23 From banks in the U.S. 302.0 266.1 277.8 285.6 294.2 304.9 312.3 297.4 300.3 293.4 294.8 295.7 24 From others 424.0 464.1 467.1 481.7 511.8 521.4 518.0 544.1 533.0 553.3 560.4 542.0 25 Net due to related foreign offices 222.7 216.6 210.5 212.0 193.0 193.7 203.5 221.4 212.6 213.6 218.5 235.5 26 Other liabilities 267.3 278.0 281.7 269.2 286.6 297.0 309.6 319.7 324.5 325.5 313.3 305.2 27 TOTAL LIABILITIES 4,086.6 4,230.0 4,266.8 4,294.2 4,346.0 4,422.5 4,459.5 4,500.3 4,480.6 4,512.5 4,497.7 4,503.8 28 Residual (assets less liabilities) (7) 346.9 382.6 385.6 387.5 392.6 386.3 384.5 381.9 371.1 393.2 387.9 385.8 ------------------------------------------------- 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 February 13, 1998 Account 1997 1997 1997 1997 1997 1997 1997 1998 Week ending Jan Jul Aug Sep Oct Nov Dec Jan Jan 14 Jan 21 Jan 28 Feb 4 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,802.4 3,953.3 3,972.1 3,997.3 4,031.5 4,078.1 4,104.4 4,156.0 4,148.4 4,164.4 4,153.0 4,172.6 2 Securities in bank credit 996.7 1,028.9 1,030.3 1,032.2 1,046.3 1,079.4 1,083.2 1,108.3 1,108.1 1,112.0 1,100.6 1,120.3 3 U.S. government securities 700.4 722.7 718.2 725.7 732.8 746.1 746.5 754.7 751.2 754.8 752.5 767.6 4 Other securities 296.3 306.1 312.1 306.5 313.4 333.2 336.8 353.7 356.9 357.2 348.1 352.7 5 Loans and leases in bank credit (2) 2,805.7 2,924.5 2,941.8 2,965.1 2,985.2 2,998.7 3,021.1 3,047.6 3,040.4 3,052.4 3,052.5 3,052.3 6 Commercial and industrial 782.3 818.2 821.4 831.8 839.7 844.6 853.6 863.0 859.6 864.4 863.0 869.8 7 Real estate 1,137.6 1,198.3 1,207.2 1,217.5 1,223.1 1,230.5 1,231.0 1,232.2 1,232.1 1,233.0 1,229.3 1,236.5 8 Revolving home equity 85.1 93.2 94.6 96.2 97.0 97.8 98.4 98.8 98.8 98.8 99.1 99.0 9 Other 1,052.5 1,105.1 1,112.6 1,121.3 1,126.1 1,132.6 1,132.6 1,133.4 1,133.3 1,134.1 1,130.2 1,137.5 10 Consumer 527.4 515.2 519.2 517.2 509.2 509.7 513.9 511.7 512.6 511.7 512.0 504.7 11 Security (3) 80.6 92.0 91.4 93.6 103.9 99.6 98.5 115.6 110.5 117.2 127.3 115.8 12 Other loans and leases 277.8 300.7 302.6 305.1 309.3 314.3 324.1 325.2 325.6 326.2 320.8 325.4 13 Interbank loans 207.6 182.3 187.1 194.1 196.8 212.5 225.5 210.9 215.4 210.0 199.2 200.9 14 Cash assets (4) 241.2 241.7 249.3 255.6 270.0 287.3 286.3 279.3 279.3 298.7 267.2 260.1 15 Other assets (5) 258.0 284.3 287.3 286.6 291.1 302.5 307.5 312.2 306.0 310.4 314.4 328.4 16 TOTAL ASSETS (6) 4,453.2 4,604.9 4,638.7 4,676.6 4,732.8 4,823.5 4,866.6 4,901.7 4,892.5 4,926.9 4,877.4 4,905.1 L I A B I L I T I E S 17 Deposits 2,874.5 2,996.5 3,019.7 3,045.9 3,067.9 3,123.4 3,146.4 3,120.4 3,134.5 3,123.8 3,076.7 3,116.5 18 Transaction 725.6 683.8 684.7 681.5 680.3 701.8 719.1 687.7 693.8 700.5 663.7 671.4 19 Nontransaction 2,148.9 2,312.7 2,335.0 2,364.4 2,387.7 2,421.6 2,427.3 2,432.7 2,440.7 2,423.4 2,413.0 2,445.1 20 Large time 525.7 593.2 602.2 613.7 624.4 640.7 644.4 643.9 641.1 643.8 647.3 647.3 21 Other 1,623.2 1,719.5 1,732.8 1,750.8 1,763.3 1,780.9 1,782.9 1,788.8 1,799.6 1,779.6 1,765.7 1,797.8 22 Borrowings 720.4 744.7 749.7 770.5 796.2 813.1 820.4 836.0 825.9 855.3 848.1 829.1 23 From banks in the U.S. 296.2 274.9 282.6 286.9 286.5 298.2 306.1 290.9 293.1 291.9 286.6 284.0 24 From others 424.1 469.8 467.2 483.6 509.7 515.0 514.3 545.1 532.9 563.4 561.5 545.0 25 Net due to related foreign offices 233.1 212.9 206.2 204.3 193.6 188.3 200.0 233.1 221.2 231.7 239.3 239.3 26 Other liabilities 264.6 276.3 280.7 269.7 285.2 301.3 304.6 316.1 319.7 319.4 314.6 306.5 27 TOTAL LIABILITIES 4,092.5 4,230.4 4,256.3 4,290.4 4,342.9 4,426.1 4,471.4 4,505.6 4,501.4 4,530.2 4,478.6 4,491.4 28 Residual (assets less liabilities) (7) 360.7 374.4 382.4 386.3 389.9 397.4 395.2 396.1 391.2 396.8 398.8 413.7 MEMO 29 Reval. gains on off-bal. sheet items (8) 89.1 84.6 86.5 78.7 78.0 83.3 82.2 92.1 94.6 94.7 86.9 89.7 30 Reval. losses on off-bal. sheet items (8) 85.4 87.9 89.6 81.8 81.4 85.5 85.8 95.3 97.5 97.6 90.1 92.5 ------------------------------------------------- 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 February 13, 1998 Account 1997 1997 1997 1997 1997 1997 1997 1998 Week ending Jan Jul Aug Sep Oct Nov Dec Jan Jan 14 Jan 21 Jan 28 Feb 4 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,287.6 3,421.2 3,438.3 3,458.3 3,486.1 3,522.5 3,549.6 3,581.0 3,571.2 3,593.3 3,584.6 3,591.9 2 Securities in bank credit 834.8 851.2 847.3 849.5 865.1 885.1 901.5 919.2 920.3 924.6 913.3 921.5 3 U.S. government securities 625.3 636.4 629.8 636.7 645.8 659.5 667.5 681.6 681.6 684.5 678.8 682.4 4 Other securities 209.5 214.9 217.5 212.8 219.3 225.6 233.9 237.6 238.7 240.2 234.5 239.1 5 Loans and leases in bank credit (2) 2,452.8 2,569.9 2,591.0 2,608.8 2,621.0 2,637.4 2,648.2 2,661.9 2,650.9 2,668.7 2,671.3 2,670.4 6 Commercial and industrial 570.1 598.9 605.9 615.4 620.2 624.3 633.2 639.2 636.4 639.8 640.6 643.2 7 Real estate 1,103.8 1,169.7 1,177.1 1,186.3 1,192.1 1,199.1 1,199.1 1,202.9 1,200.3 1,204.5 1,202.2 1,209.7 8 Revolving home equity 85.2 93.2 94.3 95.5 96.4 97.3 98.3 98.8 98.6 98.8 99.1 99.2 9 Other 1,018.6 1,076.6 1,082.9 1,090.8 1,095.7 1,101.8 1,100.8 1,104.1 1,101.7 1,105.6 1,103.1 1,110.5 10 Consumer 521.8 517.6 518.8 515.0 509.1 509.4 509.1 506.0 505.9 506.5 507.5 501.7 11 Security (3) 43.2 50.0 51.0 51.5 57.8 56.4 52.6 62.4 57.9 65.0 70.7 63.3 12 Other loans and leases 213.8 233.7 238.2 240.5 241.8 248.2 254.1 251.4 250.4 252.8 250.3 252.4 13 Interbank loans 175.1 166.0 173.5 181.7 181.9 184.6 185.5 174.1 174.1 178.8 173.5 167.5 14 Cash assets (4) 199.8 211.7 228.5 223.3 234.2 242.9 233.2 233.8 223.9 241.0 235.9 227.8 15 Other assets (5) 219.4 239.6 241.4 242.1 252.8 259.3 265.5 267.7 261.0 267.7 266.4 280.5 16 TOTAL ASSETS (6) 3,825.9 3,981.9 4,025.0 4,049.0 4,098.6 4,152.7 4,177.1 4,200.1 4,173.6 4,224.3 4,204.0 4,211.0 L I A B I L I T I E S 17 Deposits 2,645.0 2,740.6 2,766.4 2,780.2 2,799.4 2,833.5 2,838.2 2,841.9 2,835.7 2,853.0 2,832.5 2,847.9 18 Transaction 703.9 679.5 686.0 672.2 671.9 681.7 677.0 666.1 655.7 683.3 669.4 661.4 19 Nontransaction 1,941.1 2,061.1 2,080.3 2,108.0 2,127.5 2,151.8 2,161.2 2,175.8 2,180.0 2,169.7 2,163.0 2,186.5 20 Large time 313.9 346.2 353.4 366.1 368.9 377.3 381.3 382.8 381.7 382.9 381.8 382.9 21 Other 1,627.2 1,714.9 1,727.0 1,741.9 1,758.6 1,774.5 1,780.0 1,793.0 1,798.3 1,786.9 1,781.2 1,803.5 22 Borrowings 595.4 595.2 607.4 623.9 644.2 661.2 673.0 682.5 673.7 690.2 690.5 674.3 23 From banks in the U.S. 273.8 235.9 246.6 249.7 256.5 274.3 284.7 272.3 275.8 266.3 270.1 266.5 24 From others 321.6 359.4 360.8 374.2 387.7 386.8 388.3 410.3 397.9 423.9 420.4 407.8 25 Net due to related foreign offices 72.1 85.6 79.8 84.7 74.4 74.3 77.7 85.7 80.7 81.5 88.2 98.2 26 Other liabilities 176.9 182.6 185.7 175.1 193.2 200.0 211.0 221.7 223.5 226.8 219.6 209.9 27 TOTAL LIABILITIES 3,489.4 3,604.1 3,639.4 3,664.0 3,711.3 3,769.0 3,799.9 3,831.9 3,813.6 3,851.6 3,830.8 3,830.2 28 Residual (assets less liabilities) (7) 336.5 377.8 385.6 385.0 387.3 383.7 377.3 368.2 360.0 372.7 373.2 380.8 ------------------------------------------------- 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 February 13, 1998 Account 1997 1997 1997 1997 1997 1997 1997 1998 Week ending Jan Jul Aug Sep Oct Nov Dec Jan Jan 14 Jan 21 Jan 28 Feb 4 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,289.0 3,416.6 3,435.5 3,461.9 3,489.0 3,527.0 3,549.8 3,581.1 3,577.0 3,590.7 3,576.2 3,590.1 2 Securities in bank credit 830.1 849.7 848.9 851.4 865.1 884.3 891.3 913.3 915.2 918.9 905.6 916.7 3 U.S. government securities 618.3 635.0 630.9 638.9 647.2 660.5 664.8 673.1 673.3 676.3 669.0 676.0 4 Other securities 211.7 214.7 218.0 212.5 217.8 223.8 226.5 240.2 241.9 242.6 236.6 240.7 5 Loans and leases in bank credit (2) 2,458.9 2,566.9 2,586.7 2,610.5 2,623.9 2,642.7 2,658.6 2,667.8 2,661.8 2,671.7 2,670.6 2,673.4 6 Commercial and industrial 567.9 599.0 601.5 611.1 617.4 622.2 629.2 636.6 632.9 637.2 638.3 643.0 7 Real estate 1,105.8 1,169.9 1,178.8 1,189.5 1,195.3 1,203.2 1,204.3 1,205.2 1,204.9 1,206.2 1,202.4 1,209.3 8 Revolving home equity 85.1 93.2 94.6 96.2 97.0 97.8 98.4 98.8 98.8 98.8 99.1 99.0 9 Other 1,020.6 1,076.7 1,084.2 1,093.3 1,098.3 1,105.3 1,105.9 1,106.4 1,106.1 1,107.3 1,103.3 1,110.4 10 Consumer 527.4 515.2 519.2 517.2 509.2 509.7 513.9 511.7 512.6 511.7 512.0 504.7 11 Security (3) 42.5 48.5 49.1 50.6 57.6 58.4 54.1 61.0 57.8 62.5 68.8 63.6 12 Other loans and leases 215.3 234.2 238.0 242.1 244.4 249.1 257.1 253.3 253.6 254.2 249.0 252.8 13 Interbank loans 184.9 163.8 169.1 176.1 176.8 189.3 194.9 183.7 189.0 186.1 175.4 177.3 14 Cash assets (4) 209.7 207.9 215.0 220.9 234.8 250.7 250.2 246.0 246.1 264.8 233.8 228.1 15 Other assets (5) 220.7 242.5 243.9 244.2 250.0 257.4 264.6 269.3 263.1 266.9 269.1 286.1 16 TOTAL ASSETS (6) 3,848.6 3,974.3 4,006.7 4,046.5 4,094.3 4,167.8 4,202.8 4,223.8 4,218.9 4,252.2 4,198.2 4,225.1 L I A B I L I T I E S 17 Deposits 2,648.7 2,734.9 2,758.5 2,781.4 2,799.1 2,847.7 2,865.4 2,844.5 2,859.7 2,848.8 2,797.7 2,841.3 18 Transaction 715.3 673.2 673.8 670.2 669.8 691.2 707.9 676.9 682.8 689.9 653.0 661.0 19 Nontransaction 1,933.4 2,061.7 2,084.7 2,111.1 2,129.3 2,156.6 2,157.5 2,167.6 2,177.0 2,158.9 2,144.7 2,180.3 20 Large time 312.4 344.8 354.4 362.8 368.5 378.2 377.1 381.2 379.8 381.8 381.4 385.0 21 Other 1,621.0 1,716.9 1,730.3 1,748.3 1,760.8 1,778.4 1,780.4 1,786.4 1,797.1 1,777.2 1,763.3 1,795.3 22 Borrowings 593.0 600.8 607.1 626.3 639.1 653.4 665.2 680.5 669.3 700.8 691.2 668.4 23 From banks in the U.S. 267.0 242.9 250.9 252.0 252.0 267.7 278.0 264.8 266.2 265.4 261.5 254.5 24 From others 326.0 357.9 356.2 374.3 387.1 385.7 387.2 415.7 403.0 435.4 429.7 413.9 25 Net due to related foreign offices 73.8 83.2 77.4 80.1 76.0 70.6 73.8 87.7 81.5 87.5 96.4 96.4 26 Other liabilities 175.0 183.1 184.2 175.8 193.9 203.6 207.6 219.2 220.9 222.7 219.8 209.4 27 TOTAL LIABILITIES 3,490.4 3,602.0 3,627.3 3,663.6 3,708.2 3,775.3 3,811.9 3,831.9 3,831.4 3,859.9 3,805.1 3,815.6 28 Residual (assets less liabilities) (7) 358.1 372.3 379.4 382.9 386.2 392.5 390.9 391.9 387.5 392.4 393.1 409.5 MEMO 29 Reval. gains on off-bal. sheet items (8) 47.5 44.3 45.1 37.5 38.2 41.5 41.3 50.1 51.4 53.4 46.7 48.9 30 Reval. losses on off-bal. sheet items (8) 44.0 45.9 46.5 40.0 41.3 43.6 44.2 52.9 54.0 55.9 49.6 51.6 31 Mortgage-backed securities (9) 244.3 254.7 256.4 259.3 264.9 273.8 279.0 287.5 287.1 286.4 288.9 292.3 ------------------------------------------------- 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 February 13, 1998 Account 1997 1997 1997 1997 1997 1997 1997 1998 Week ending Jan Jul Aug Sep Oct Nov Dec Jan Jan 14 Jan 21 Jan 28 Feb 4 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 1,965.1 2,036.0 2,038.5 2,049.8 2,074.9 2,096.0 2,111.8 2,139.5 2,130.4 2,152.1 2,142.2 2,150.5 2 Securities in bank credit 440.0 446.4 441.7 444.4 460.3 477.7 491.8 510.8 510.5 518.3 506.7 516.6 3 U.S. government securities 310.6 314.5 306.6 313.5 323.1 336.4 343.2 358.7 357.3 363.5 357.7 362.5 3a Trading account 17.3 23.7 20.6 23.3 25.2 26.5 29.4 29.6 29.1 31.3 27.2 28.3 3b Investment account 293.3 290.8 286.0 290.2 297.9 309.9 313.8 329.1 328.2 332.2 330.5 334.2 4 Other securities 129.4 132.0 135.0 130.9 137.2 141.3 148.6 152.1 153.2 154.7 149.0 154.1 4a Trading account 64.6 64.2 63.7 59.6 65.4 68.8 72.2 74.3 76.1 77.5 71.7 74.7 4b Investment account 64.8 67.8 71.4 71.3 71.8 72.5 76.5 77.8 77.1 77.2 77.4 79.4 4c State and local government 20.7 22.3 22.4 22.2 22.2 22.0 21.8 22.3 22.3 22.2 22.4 22.7 4d Other 44.1 45.4 48.9 49.0 49.6 50.5 54.6 55.4 54.8 55.1 54.9 56.7 5 Loans and leases in bank credit (2) 1,525.2 1,589.5 1,596.9 1,605.4 1,614.7 1,618.3 1,619.9 1,628.7 1,619.9 1,633.9 1,635.5 1,633.9 6 Commercial and industrial 402.8 421.8 426.6 434.4 438.5 440.1 447.1 451.8 450.0 452.2 452.2 454.5 6a Bankers acceptances 2.0 1.6 1.5 1.5 1.3 1.3 1.3 1.2 1.2 1.2 1.2 1.2 6b Other 400.9 420.2 425.1 432.9 437.2 438.9 445.8 450.6 448.7 451.1 451.0 453.2 7 Real estate 625.0 646.3 646.8 648.4 649.1 649.7 646.0 644.7 642.7 645.8 643.1 648.3 8 Revolving home equity 60.6 65.5 66.1 67.1 67.6 68.0 68.8 69.2 69.1 69.2 69.5 69.2 9 Other 564.3 580.8 580.7 581.3 581.6 581.7 577.2 575.5 573.7 576.6 573.6 579.2 10 Consumer 306.0 307.1 304.9 302.7 299.5 297.0 294.4 293.3 293.2 293.3 294.6 291.1 11 Security (3) 38.8 45.5 46.3 46.6 52.5 51.3 47.3 57.3 52.9 59.9 65.5 58.0 11a Fed funds and RPs with broker/dealer 22.8 28.6 30.0 29.7 35.4 35.1 31.1 41.0 35.4 44.0 48.7 42.6 11b Other 16.0 16.9 16.3 16.9 17.1 16.2 16.3 16.3 17.4 15.9 16.8 15.4 12a State and local government 11.7 11.2 11.3 11.3 11.2 11.1 11.1 11.0 11.1 11.0 10.8 11.1 12b Agricultural 9.0 9.0 9.0 9.2 9.3 9.6 9.6 9.3 9.3 9.3 9.3 9.4 12c Fed funds and RPs with others 6.3 7.5 6.4 6.6 9.0 10.8 12.4 7.7 9.0 7.3 6.0 4.7 12d All other loans 61.5 66.6 69.2 68.9 67.5 69.5 70.9 70.8 69.2 72.2 70.7 73.2 12e Lease financing receivables 64.1 74.6 76.3 77.2 78.0 79.2 81.0 82.8 82.5 82.8 83.3 83.5 13 Interbank loans 129.3 116.3 122.3 128.8 125.3 127.9 125.4 116.2 117.0 120.5 114.8 106.5 13a Fed funds and RPs with banks 81.4 70.3 74.7 81.5 78.7 82.1 81.3 74.5 75.1 80.3 74.5 63.5 13b Other 47.8 46.0 47.6 47.3 46.6 45.8 44.1 41.8 41.9 40.2 40.4 43.0 14 Cash assets (4) 138.9 144.0 157.3 151.8 164.4 170.6 162.2 163.6 156.1 166.7 165.3 158.3 15 Other assets (5) 172.7 178.3 178.0 180.7 189.3 193.0 200.6 201.6 197.0 201.3 199.9 205.6 16 TOTAL ASSETS (6) 2,368.8 2,437.3 2,459.2 2,474.4 2,517.2 2,550.7 2,563.4 2,584.4 2,563.9 2,604.3 2,585.9 2,584.4 ------------------------------------------------- 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) February 13, 1998 Account 1997 1997 1997 1997 1997 1997 1997 1998 Week ending Jan Jul Aug Sep Oct Nov Dec Jan Jan 14 Jan 21 Jan 28 Feb 4 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- L I A B I L I T I E S 17 Deposits 1,481.6 1,501.9 1,516.1 1,524.1 1,533.0 1,553.1 1,556.0 1,549.9 1,546.4 1,557.1 1,536.5 1,557.2 18 Transaction 410.7 380.6 384.9 373.4 374.5 380.5 379.0 370.9 364.7 383.3 369.0 367.7 19 Nontransaction 1,071.0 1,121.3 1,131.2 1,150.8 1,158.5 1,172.6 1,177.0 1,179.0 1,181.7 1,173.8 1,167.5 1,189.5 20 Large time 164.5 186.1 191.6 201.9 203.3 209.6 211.7 212.0 210.3 212.2 211.5 212.8 21 Other 906.5 935.2 939.6 948.9 955.3 963.0 965.3 967.1 971.5 961.6 955.9 976.7 22 Borrowings 444.8 441.6 450.7 468.2 490.8 506.1 514.1 525.5 519.0 532.0 531.5 516.2 23 From banks in the U.S. 187.3 158.7 168.7 175.5 182.6 200.7 209.7 200.1 203.7 194.2 197.3 194.3 24 From others 257.5 282.9 282.0 292.7 308.2 305.4 304.4 325.4 315.3 337.8 334.2 321.9 25 Net due to related foreign offices 68.1 80.8 75.3 79.9 69.2 69.3 73.4 81.5 76.4 77.4 84.3 94.3 26 Other liabilities 153.7 156.8 158.6 147.0 165.4 171.5 182.0 193.7 196.0 199.0 191.8 179.8 27 TOTAL LIABILITIES 2,148.2 2,181.2 2,200.8 2,219.3 2,258.5 2,300.1 2,325.4 2,350.7 2,337.8 2,365.5 2,344.1 2,347.4 28 Residual (assets less liabilities) (7) 220.6 256.1 258.4 255.1 258.7 250.6 238.0 233.7 226.1 238.8 241.8 236.9 ------------------------------------------------- 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 February 13, 1998 Account 1997 1997 1997 1997 1997 1997 1997 1998 Week ending Jan Jul Aug Sep Oct Nov Dec Jan Jan 14 Jan 21 Jan 28 Feb 4 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 1,968.4 2,030.9 2,036.0 2,049.5 2,075.1 2,098.7 2,109.0 2,141.7 2,136.5 2,152.0 2,138.6 2,153.8 2 Securities in bank credit 436.7 445.7 445.0 445.9 461.2 478.4 482.0 506.4 506.3 513.3 500.7 514.3 3 U.S. government securities 304.9 313.9 309.4 315.2 325.5 339.0 340.8 351.4 349.8 355.9 349.5 358.3 3a Trading account 16.4 22.6 21.3 23.4 26.1 28.0 26.9 28.2 27.9 31.3 25.8 27.4 3b Investment account 288.5 291.4 288.1 291.8 299.5 311.0 313.9 323.3 321.8 324.6 323.7 330.9 3c Mortgage-backed 185.1 191.0 190.0 191.8 197.4 205.9 210.7 218.5 218.2 217.6 220.4 221.3 3d Other 103.4 100.4 98.1 100.0 102.0 105.1 103.2 104.8 103.6 107.0 103.3 109.6 3e 1 year or less 28.5 26.8 26.8 27.6 26.3 28.9 27.5 26.4 25.2 28.0 26.7 28.7 3f Between 1 and 5 years 60.6 52.4 49.9 49.8 52.7 53.5 53.2 52.1 52.6 53.5 49.5 53.0 3g More than 5 years 14.2 21.2 21.4 22.7 23.1 22.7 22.5 26.2 25.8 25.5 27.1 27.9 4 Other securities 131.8 131.7 135.7 130.7 135.7 139.4 141.2 154.9 156.6 157.4 151.2 156.1 4a Trading account 66.5 64.9 64.8 59.4 63.3 65.9 63.9 76.6 78.7 79.5 73.4 76.1 4b Investment account 65.3 66.9 70.9 71.3 72.3 73.5 77.2 78.4 77.9 77.9 77.8 80.0 4c State and local government 20.7 21.9 22.2 22.2 22.2 22.1 22.0 22.4 22.3 22.2 22.5 22.7 4d Other 44.6 44.9 48.7 49.1 50.2 51.4 55.3 56.0 55.6 55.6 55.3 57.3 5 Loans and leases in bank credit (2) 1,531.8 1,585.2 1,591.0 1,603.6 1,613.9 1,620.3 1,627.0 1,635.4 1,630.2 1,638.7 1,637.8 1,639.4 6 Commercial and industrial 400.6 421.9 423.4 431.1 436.3 438.8 443.5 449.3 446.4 449.6 450.2 454.6 6a Bankers acceptances 1.9 1.5 1.5 1.5 1.4 1.4 1.3 1.2 1.2 1.1 1.2 1.2 6b Other 398.7 420.4 421.9 429.6 434.9 437.4 442.2 448.1 445.2 448.5 449.1 453.3 7 Real estate 627.4 646.1 647.2 649.4 650.0 651.5 649.1 647.4 647.4 648.0 644.1 649.9 8 Revolving home equity 60.7 65.5 66.3 67.4 68.0 68.4 68.8 69.3 69.2 69.3 69.5 69.1 9a Other residential 349.4 360.2 361.1 360.8 359.1 359.1 356.4 356.2 356.6 356.5 352.6 358.2 9b Commercial 217.3 220.3 219.8 221.2 222.9 224.0 223.9 221.9 221.5 222.2 222.0 222.5 10 Consumer 310.6 304.9 305.4 304.1 299.0 296.7 298.4 298.1 298.9 297.8 298.1 293.0 11 Security (3) 38.0 44.1 44.5 45.8 52.4 53.0 48.5 55.8 52.5 57.4 63.8 58.0 11a Fed funds and RPs with broker/dealer 21.9 27.9 28.5 29.3 35.5 36.5 31.3 39.3 34.7 41.4 46.7 42.4 11b Other 16.0 16.2 16.0 16.5 16.9 16.5 17.3 16.4 17.8 15.9 17.2 15.6 12a State and local government 11.5 11.2 11.3 11.4 11.3 11.1 11.1 10.9 11.0 10.8 10.6 11.0 12b Agricultural 9.0 9.3 9.3 9.4 9.4 9.5 9.5 9.3 9.3 9.2 9.2 9.1 12c Fed funds and RPs with others 6.4 7.7 6.3 7.3 8.8 8.7 11.0 7.8 9.0 7.3 6.2 5.7 12d All other loans 63.3 66.0 68.1 68.5 68.6 71.7 74.6 72.8 71.9 74.4 71.0 73.9 12e Lease financing receivables 65.1 74.1 75.4 76.6 78.1 79.2 81.3 84.2 83.9 84.2 84.5 84.5 13 Interbank loans 137.8 116.7 118.9 125.0 119.9 127.5 131.4 124.5 129.0 128.9 121.0 112.6 13a Fed funds and RPs with banks 86.4 69.7 71.6 78.3 73.5 82.3 85.0 79.5 83.4 84.8 78.0 68.1 13b Other 51.4 47.0 47.3 46.7 46.4 45.3 46.4 44.9 45.5 44.1 42.9 44.5 14 Cash assets (4) 146.6 140.6 146.2 150.9 163.8 175.6 175.4 173.6 174.8 187.6 165.0 159.1 15 Other assets (5) 173.0 181.2 180.4 182.4 186.8 190.4 199.0 202.1 198.6 200.5 202.0 207.1 16 TOTAL ASSETS (6) 2,388.9 2,432.3 2,444.4 2,470.8 2,509.1 2,555.5 2,578.2 2,605.5 2,602.4 2,632.7 2,590.4 2,596.0 ------------------------------------------------- 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) February 13, 1998 Account 1997 1997 1997 1997 1997 1997 1997 1998 Week ending Jan Jul Aug Sep Oct Nov Dec Jan Jan 14 Jan 21 Jan 28 Feb 4 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- L I A B I L I T I E S 17 Deposits 1,487.8 1,499.6 1,510.9 1,523.0 1,530.4 1,559.7 1,570.2 1,555.6 1,567.9 1,560.4 1,521.1 1,556.9 18 Transaction 418.3 376.6 375.9 372.1 371.9 386.7 399.4 378.3 384.2 389.3 360.8 366.8 19 Nontransaction 1,069.5 1,123.0 1,135.0 1,150.9 1,158.6 1,173.0 1,170.8 1,177.4 1,183.7 1,171.1 1,160.3 1,190.1 20 Large time 164.4 185.5 192.9 199.0 202.5 210.1 208.5 211.9 210.3 212.6 212.0 214.9 21 Other 905.1 937.5 942.1 951.9 956.1 962.9 962.3 965.5 973.3 958.4 948.3 975.2 22 Borrowings 440.7 447.2 451.9 471.2 485.6 500.0 506.9 521.8 511.7 538.4 530.4 512.5 23 From banks in the U.S. 180.7 164.2 173.0 177.1 178.8 195.8 203.7 193.0 195.0 191.8 189.3 185.1 24 From others 259.9 282.9 278.9 294.1 306.9 304.2 303.2 328.8 316.7 346.6 341.0 327.5 25 Net due to related foreign offices 69.8 78.4 72.9 75.3 70.8 65.6 69.5 83.5 77.2 83.4 92.5 92.5 26 Other liabilities 151.6 157.1 157.0 148.0 166.1 175.2 179.1 191.0 193.2 194.7 191.4 178.6 27 TOTAL LIABILITIES 2,149.9 2,182.3 2,192.7 2,217.5 2,253.0 2,300.5 2,325.7 2,351.8 2,350.0 2,376.8 2,335.5 2,340.7 28 Residual (assets less liabilities) (7) 239.0 250.0 251.7 253.3 256.1 255.0 252.5 253.6 252.4 255.9 254.9 255.3 MEMO 29 Reval. gains on off-bal. sheet items (8) 47.5 44.3 45.1 37.5 38.2 41.5 41.3 50.1 51.4 53.4 46.7 48.9 30 Reval. losses on off-bal. sheet items (8) 44.0 45.9 46.5 40.0 41.3 43.6 44.2 52.9 54.0 55.9 49.6 51.6 31 Mortgage-backed securities (9) 207.0 209.0 208.2 210.0 215.7 224.1 228.9 237.1 236.6 236.3 238.9 241.3 31a Pass-through 139.5 144.4 143.1 144.6 149.3 154.2 157.2 162.0 161.3 161.6 164.3 164.7 31b CMO, REMIC, and other 67.5 64.6 65.1 65.4 66.4 70.0 71.7 75.1 75.4 74.7 74.6 76.7 32 Net unrealized gains (losses) on 2.7 3.0 3.3 2.9 2.7 2.4 2.3 3.1 2.7 3.3 3.3 3.5 available-for-sale securities (10) 33 Offshore credit to U.S. residents (11) 30.9 33.7 34.0 34.1 34.2 34.4 34.2 35.2 35.6 35.1 34.7 34.7 ------------------------------------------------- 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 February 13, 1998 Account 1997 1997 1997 1997 1997 1997 1997 1998 Week ending Jan Jul Aug Sep Oct Nov Dec Jan Jan 14 Jan 21 Jan 28 Feb 4 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 1,322.5 1,385.2 1,399.8 1,408.5 1,411.2 1,426.6 1,437.9 1,441.5 1,440.8 1,441.2 1,442.4 1,441.4 2 Securities in bank credit 394.9 404.8 405.6 405.1 404.9 407.4 409.6 408.3 409.8 406.4 406.6 404.9 3 U.S. government securities 314.7 321.9 323.1 323.2 322.7 323.1 324.3 322.9 324.3 321.0 321.1 319.8 4 Other securities 80.1 82.9 82.5 81.9 82.2 84.3 85.3 85.5 85.5 85.4 85.5 85.1 5 Loans and leases in bank credit (2) 927.6 980.4 994.1 1,003.4 1,006.3 1,019.2 1,028.2 1,033.1 1,031.0 1,034.8 1,035.8 1,036.5 6 Commercial and industrial 167.3 177.1 179.3 181.0 181.7 184.2 186.1 187.3 186.4 187.6 188.3 188.7 7 Real estate 478.8 523.4 530.3 537.9 542.9 549.4 553.1 558.3 557.6 558.7 559.2 561.4 8 Revolving home equity 24.5 27.7 28.1 28.4 28.8 29.3 29.5 29.7 29.6 29.7 29.7 30.1 9 Other 454.3 495.8 502.2 509.4 514.1 520.1 523.6 528.6 528.0 529.0 529.5 531.3 10 Consumer 215.9 210.5 213.8 212.3 209.6 212.4 214.7 212.7 212.8 213.2 212.9 210.6 11 Security (3) 4.4 4.6 4.7 4.9 5.2 5.2 5.3 5.1 5.1 5.2 5.2 5.4 12 Other loans and leases 61.2 64.9 65.9 67.3 66.8 68.1 69.0 69.7 69.2 70.1 70.3 70.4 13 Interbank loans 45.9 49.7 51.2 52.8 56.6 56.7 60.1 57.9 57.1 58.3 58.6 61.0 14 Cash assets (4) 60.9 67.7 71.2 71.6 69.8 72.3 70.9 70.2 67.8 74.3 70.5 69.5 15 Other assets (5) 46.7 61.4 63.4 61.4 63.5 66.3 64.9 66.1 64.0 66.4 66.6 74.9 16 TOTAL ASSETS (6) 1,457.1 1,544.6 1,565.8 1,574.6 1,581.4 1,602.0 1,613.7 1,615.7 1,609.8 1,620.0 1,618.1 1,626.7 L I A B I L I T I E S 17 Deposits 1,163.4 1,238.7 1,250.3 1,256.1 1,266.4 1,280.3 1,282.2 1,292.0 1,289.3 1,295.9 1,296.0 1,290.6 18 Transaction 293.2 298.9 301.1 298.8 297.5 301.1 298.0 295.2 291.0 300.0 300.5 293.7 19 Nontransaction 870.1 939.9 949.1 957.3 968.9 979.2 984.2 996.8 998.3 996.0 995.5 996.9 20 Large time 149.4 160.1 161.7 164.2 165.6 167.6 169.6 170.8 171.4 170.7 170.3 170.1 21 Other 720.7 779.7 787.4 793.1 803.3 811.5 814.6 826.0 826.9 825.3 825.3 826.8 22 Borrowings 150.6 153.7 156.8 155.8 153.5 155.1 158.9 157.0 154.7 158.2 159.0 158.1 23 From banks in the U.S. 86.6 77.2 78.0 74.2 73.9 73.6 75.0 72.1 72.1 72.1 72.8 72.2 24 From others 64.1 76.5 78.8 81.6 79.5 81.4 83.9 84.9 82.6 86.1 86.2 85.9 25 Net due to related foreign offices 4.0 4.8 4.5 4.8 5.2 5.0 4.3 4.2 4.3 4.1 3.9 3.9 26 Other liabilities 23.2 25.8 27.1 28.0 27.8 28.5 29.0 28.0 27.5 27.8 27.9 30.2 27 TOTAL LIABILITIES 1,341.2 1,423.0 1,438.6 1,444.7 1,452.8 1,468.9 1,474.4 1,481.2 1,475.8 1,486.1 1,486.7 1,482.8 28 Residual (assets less liabilities) (7) 115.9 121.6 127.2 129.9 128.6 133.1 139.3 134.5 134.0 133.9 131.3 143.9 ------------------------------------------------- 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 February 13, 1998 Account 1997 1997 1997 1997 1997 1997 1997 1998 Week ending Jan Jul Aug Sep Oct Nov Dec Jan Jan 14 Jan 21 Jan 28 Feb 4 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 1,320.6 1,385.7 1,399.5 1,412.4 1,413.9 1,428.3 1,440.8 1,439.4 1,440.5 1,438.7 1,437.6 1,436.4 2 Securities in bank credit 393.4 404.0 403.8 405.5 403.9 405.9 409.3 406.9 408.9 405.6 404.9 402.4 3 U.S. government securities 313.5 321.1 321.5 323.7 321.7 321.5 323.9 321.7 323.6 320.4 319.5 317.8 4 Other securities 79.9 82.9 82.3 81.8 82.2 84.4 85.3 85.3 85.3 85.2 85.3 84.6 5 Loans and leases in bank credit (2) 927.2 981.7 995.6 1,006.9 1,010.0 1,022.4 1,031.5 1,032.5 1,031.6 1,033.1 1,032.8 1,033.9 6 Commercial and industrial 167.3 177.1 178.1 180.0 181.1 183.4 185.6 187.3 186.5 187.6 188.1 188.4 7 Real estate 478.4 523.9 531.6 540.1 545.3 551.6 555.2 557.9 557.5 558.2 558.3 559.5 8 Revolving home equity 24.4 27.7 28.3 28.8 29.0 29.4 29.6 29.6 29.5 29.6 29.6 29.8 9 Other 454.0 496.2 503.3 511.3 516.3 522.2 525.6 528.3 528.0 528.6 528.7 529.6 10 Consumer 216.8 210.3 213.8 213.1 210.2 213.0 215.5 213.6 213.7 213.9 213.9 211.8 11 Security (3) 4.6 4.4 4.7 4.8 5.1 5.4 5.5 5.3 5.3 5.2 5.0 5.6 12 Other loans and leases 60.0 66.0 67.5 68.9 68.2 68.9 69.6 68.4 68.6 68.3 67.5 68.6 13 Interbank loans 47.1 47.1 50.2 51.1 56.9 61.8 63.5 59.2 60.1 57.3 54.5 64.7 14 Cash assets (4) 63.1 67.3 68.8 70.0 71.0 75.1 74.8 72.4 71.3 77.2 68.7 69.0 15 Other assets (5) 47.7 61.3 63.4 61.9 63.2 66.9 65.6 67.3 64.5 66.3 67.0 79.1 16 TOTAL ASSETS (6) 1,459.7 1,542.0 1,562.3 1,575.6 1,585.3 1,612.2 1,624.7 1,618.3 1,616.5 1,619.6 1,607.9 1,629.2 L I A B I L I T I E S 17 Deposits 1,160.8 1,235.3 1,247.6 1,258.3 1,268.7 1,288.0 1,295.2 1,288.8 1,291.8 1,288.4 1,276.6 1,284.4 18 Transaction 297.0 296.7 297.9 298.1 297.9 304.5 308.6 298.6 298.5 300.6 292.2 294.2 19 Nontransaction 863.9 938.7 949.7 960.3 970.8 983.6 986.7 990.2 993.3 987.9 984.4 990.2 20 Large time 148.0 159.3 161.4 163.9 166.1 168.1 168.6 169.4 169.5 169.1 169.4 170.1 21 Other 715.8 779.4 788.3 796.4 804.7 815.5 818.1 820.9 823.8 818.7 815.0 820.1 22 Borrowings 152.3 153.7 155.3 155.1 153.5 153.4 158.3 158.7 157.6 162.5 160.8 155.9 23 From banks in the U.S. 86.3 78.7 77.9 74.9 73.3 71.8 74.2 71.8 71.3 73.6 72.1 69.5 24 From others 66.0 74.9 77.4 80.3 80.2 81.5 84.0 87.0 86.3 88.8 88.7 86.4 25 Net due to related foreign offices 4.0 4.8 4.5 4.8 5.2 5.0 4.3 4.2 4.3 4.1 3.9 3.9 26 Other liabilities 23.4 26.0 27.2 27.7 27.8 28.4 28.5 28.3 27.7 28.0 28.4 30.7 27 TOTAL LIABILITIES 1,340.6 1,419.8 1,434.6 1,446.0 1,455.2 1,474.8 1,486.3 1,480.1 1,481.4 1,483.1 1,469.6 1,474.9 28 Residual (assets less liabilities) (7) 119.1 122.3 127.6 129.6 130.1 137.5 138.4 138.2 135.1 136.5 138.2 154.2 MEMO 29 Mortgage-backed securities (9) 37.3 45.7 48.2 49.3 49.2 49.6 50.1 50.4 50.5 50.1 50.0 51.0 ------------------------------------------------- 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 February 13, 1998 Account 1997 1997 1997 1997 1997 1997 1997 1998 Week ending Jan Jul Aug Sep Oct Nov Dec Jan Jan 14 Jan 21 Jan 28 Feb 4 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 515.9 536.2 532.6 537.4 543.9 552.1 559.9 578.4 575.4 579.1 578.9 581.4 2 Securities in bank credit 170.3 180.2 177.9 182.4 181.3 195.8 199.9 200.0 198.1 199.0 197.7 203.5 3 U.S. government securities 81.0 90.3 85.8 87.8 86.4 86.1 84.3 80.6 76.6 76.6 81.6 89.4 4 Other securities 89.2 89.9 92.1 94.6 94.9 109.7 115.6 119.4 121.4 122.4 116.1 114.2 5 Loans and leases in bank credit (2) 345.7 356.1 354.7 355.0 362.6 356.3 360.0 378.5 377.3 380.1 381.2 377.9 6 Commercial and industrial 214.4 218.0 219.7 222.2 223.6 222.6 224.1 226.4 226.8 227.7 224.8 226.7 7 Real estate 31.8 28.5 28.3 27.9 27.7 26.9 26.5 27.0 27.2 26.8 27.0 27.1 11 Security (3) 38.1 43.5 42.2 43.0 46.3 41.1 44.4 54.5 52.7 54.7 58.5 52.3 12 Other loans and leases 61.3 66.0 64.4 62.0 65.0 65.6 65.0 70.5 70.7 70.9 70.8 71.8 13 Interbank loans 22.7 18.5 18.0 18.0 20.0 23.1 30.6 27.2 26.4 23.8 23.8 23.5 14 Cash assets (4) 31.1 33.6 34.4 35.5 34.8 36.2 34.7 32.9 32.5 33.4 33.2 32.0 15 Other assets (5) 38.1 42.5 42.6 42.0 41.4 44.9 42.0 43.7 44.1 45.3 46.0 41.9 16 TOTAL ASSETS (6) 607.5 630.6 627.4 632.7 639.9 656.1 666.9 682.0 678.1 681.4 681.7 678.6 L I A B I L I T I E S 17 Deposits 225.7 264.6 263.4 265.6 260.9 272.1 278.0 275.8 274.5 273.8 278.2 277.5 18 Transaction 10.3 10.6 11.2 10.8 10.4 10.7 10.5 10.8 11.0 10.6 10.8 10.0 19 Nontransaction 215.4 253.9 252.2 254.8 250.5 261.4 267.4 265.0 263.5 263.2 267.4 267.5 20 Large time 213.2 251.4 249.7 252.3 248.1 259.0 265.0 262.5 261.0 260.8 265.0 265.0 21 Other 2.2 2.6 2.5 2.5 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.5 22 Borrowings 130.5 135.0 137.4 143.3 161.8 165.1 157.3 159.0 159.6 156.5 164.7 163.4 23 From banks in the U.S. 28.2 30.3 31.2 35.9 37.7 30.5 27.7 25.2 24.5 27.1 24.7 29.2 24 From others 102.4 104.7 106.3 107.4 124.1 134.5 129.6 133.9 135.1 129.4 140.1 134.2 25 Net due to related foreign offices 150.6 130.9 130.6 127.3 118.6 119.4 125.9 135.6 131.9 132.0 130.2 137.3 26 Other liabilities 90.4 95.3 96.0 94.1 93.4 97.0 98.6 97.9 101.0 98.6 93.7 95.3 27 TOTAL LIABILITIES 597.2 625.9 627.4 630.2 634.7 653.5 659.7 668.4 667.1 661.0 666.9 673.5 28 Residual (assets less liabilities) (7) 10.4 4.8 0.0 2.5 5.2 2.6 7.2 13.7 11.1 20.4 14.8 5.1 ------------------------------------------------- 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 February 13, 1998 Account 1997 1997 1997 1997 1997 1997 1997 1998 Week ending Jan Jul Aug Sep Oct Nov Dec Jan Jan 14 Jan 21 Jan 28 Feb 4 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 513.4 536.8 536.5 535.4 542.5 551.1 554.5 574.8 571.4 573.8 576.8 582.4 2 Securities in bank credit 166.6 179.1 181.5 180.7 181.2 195.1 192.0 195.0 192.8 193.1 195.0 203.5 3 U.S. government securities 82.0 87.7 87.3 86.7 85.6 85.7 81.7 81.6 77.9 78.5 83.4 91.6 3a Trading account 16.2 17.0 18.3 17.2 15.1 17.6 15.8 15.5 11.1 12.8 18.7 23.4 3b Investment account 65.8 70.7 68.9 69.5 70.5 68.1 65.9 66.0 66.8 65.7 64.8 68.2 4 Other securities 84.6 91.4 94.2 94.0 95.6 109.4 110.3 113.5 114.9 114.6 111.5 111.9 4a Trading account 56.4 60.3 61.4 61.4 62.5 69.6 70.3 72.2 72.8 70.5 70.7 74.6 4b Investment account 28.1 31.1 32.8 32.6 33.1 39.8 40.0 41.2 42.1 44.1 40.8 37.3 5 Loans and leases in bank credit (2) 346.8 357.6 355.1 354.6 361.3 356.0 362.6 379.8 378.6 380.7 381.9 378.9 6 Commercial and industrial 214.3 219.2 219.9 220.7 222.2 222.4 224.5 226.3 226.7 227.3 224.7 226.8 7 Real estate 31.8 28.4 28.4 28.0 27.8 27.3 26.6 27.0 27.2 26.8 26.9 27.2 11 Security (3) 38.1 43.5 42.2 43.0 46.3 41.1 44.4 54.5 52.7 54.7 58.5 52.3 12 Other loans and leases 62.6 66.5 64.6 63.0 64.9 65.2 67.0 71.9 72.0 72.0 71.7 72.7 13 Interbank loans 22.7 18.5 18.0 18.0 20.0 23.1 30.6 27.2 26.4 23.8 23.8 23.5 14 Cash assets (4) 31.5 33.8 34.3 34.7 35.2 36.5 36.0 33.3 33.3 33.8 33.4 31.9 15 Other assets (5) 37.3 41.7 43.4 42.4 41.1 45.2 42.9 42.8 42.8 43.5 45.4 42.3 16 TOTAL ASSETS (6) 604.6 630.6 632.1 630.2 638.5 655.7 663.8 678.0 673.6 674.7 679.2 680.0 L I A B I L I T I E S 17 Deposits 225.8 261.6 261.2 264.6 268.8 275.7 281.0 275.9 274.8 275.0 279.0 275.2 18 Transaction 10.4 10.6 10.9 11.2 10.5 10.7 11.2 10.8 11.0 10.5 10.7 10.4 19 Nontransaction 215.5 251.0 250.3 253.3 258.3 265.0 269.8 265.1 263.7 264.4 268.3 264.8 20 Large time 213.3 248.5 247.8 250.8 255.9 262.6 267.3 262.7 261.3 262.0 265.9 262.4 21 Other 2.2 2.5 2.5 2.5 2.5 2.5 2.5 2.4 2.5 2.4 2.4 2.4 22 Borrowings 127.4 143.9 142.6 144.2 157.1 159.8 155.2 155.5 156.7 154.4 156.9 160.6 23 From banks in the U.S. 29.2 31.9 31.7 34.9 34.5 30.5 28.2 26.1 26.9 26.5 25.1 29.5 24 From others 98.2 112.0 110.9 109.3 122.6 129.3 127.1 129.4 129.8 127.9 131.8 131.1 25 Net due to related foreign offices 159.3 129.7 128.7 124.1 117.6 117.6 126.3 145.3 139.7 144.2 142.8 142.8 26 Other liabilities 89.5 93.2 96.4 93.9 91.3 97.7 97.0 96.9 98.8 96.7 94.8 97.1 27 TOTAL LIABILITIES 602.1 628.4 629.0 626.8 634.8 650.8 659.5 673.7 670.0 670.3 673.5 675.8 28 Residual (assets less liabilities) (7) 2.6 2.2 3.0 3.4 3.7 4.9 4.3 4.3 3.6 4.4 5.6 4.2 MEMO 29 Reval. gains on off-bal. sheet items (8) 41.5 40.3 41.5 41.2 39.8 41.8 40.9 42.0 43.1 41.3 40.2 40.8 30 Reval. losses on off-bal. sheet items (8) 41.4 42.1 43.1 41.8 40.1 41.9 41.6 42.4 43.5 41.6 40.5 40.9 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Footnotes Page 13 February 13, 1998 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 $1.2 billion in assets and liabilities of thrift institutions in the week ending February 4, 1998. The major asset items affected were (in billions): U.S. government investment account, mortgage-backed, $0.1; other securities investment account, other, $0.2; real estate loans, commercial, $0.1; real estate loans, other, $0.5; consumer loans, $0.2; and other assets, $0.1. The major liability items affected were: transaction depos its, $0.2; nontransaction deposits, other, $0.8; borrowing from banks in the U.S., $0.1 and residual (asset less liabilities), $0.2.