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 April 24, 1998 Account 1997 1997 1997 1997 1997 1998 1998 1998 Week ending Mar Sep Oct Nov Dec Jan Feb Mar Mar 25 Apr 1 Apr 8 Apr 15 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,851.7 4,004.1 4,026.2 4,068.9 4,089.9 4,143.9 4,175.7 4,217.1 4,211.9 4,242.3 4,211.9 4,203.7 2 Securities in bank credit 1,007.8 1,037.0 1,045.4 1,077.0 1,083.8 1,102.7 1,107.8 1,125.9 1,121.3 1,140.2 1,114.5 1,102.2 3 U.S. government securities 704.1 724.3 731.1 742.2 746.6 758.0 766.0 777.4 771.5 780.0 767.2 754.6 4 Other securities 303.7 312.7 314.3 334.9 337.2 344.7 341.8 348.5 349.8 360.2 347.3 347.6 5 Loans and leases in bank credit (2) 2,843.9 2,967.1 2,980.7 2,991.9 3,006.0 3,041.2 3,067.9 3,091.2 3,090.6 3,102.1 3,097.4 3,101.6 6 Commercial and industrial 799.7 837.5 841.5 844.4 852.2 862.5 870.1 871.0 867.9 865.2 866.1 872.5 7 Real estate 1,155.3 1,214.1 1,217.2 1,225.3 1,228.9 1,232.6 1,246.2 1,258.7 1,258.6 1,262.6 1,266.7 1,263.6 8 Revolving home equity 87.4 95.8 96.4 97.4 98.4 98.9 99.4 99.2 98.9 99.6 99.5 99.6 9 Other 1,067.9 1,118.3 1,120.8 1,128.0 1,130.4 1,133.7 1,146.8 1,159.5 1,159.7 1,163.0 1,167.2 1,164.0 10 Consumer 516.0 515.1 508.0 507.7 507.7 504.8 503.5 502.8 503.4 499.2 498.8 497.1 11 Security (3) 86.9 96.1 104.2 99.3 96.8 116.4 118.0 116.9 117.7 124.0 113.7 112.2 12 Other loans and leases 286.0 304.3 309.7 315.2 320.6 324.9 330.1 341.8 343.1 351.1 352.0 356.1 13 Interbank loans 217.5 199.8 200.9 206.0 214.2 204.0 199.0 212.9 223.7 228.7 214.6 220.5 14 Cash assets (4) 240.3 258.0 265.9 277.4 267.3 268.7 268.8 279.9 284.6 286.3 269.0 277.7 15 Other assets (5) 271.4 288.0 288.8 294.0 294.6 296.4 297.7 293.6 287.9 299.0 308.1 325.7 16 TOTAL ASSETS (6) 4,524.9 4,693.3 4,725.3 4,789.8 4,809.2 4,856.5 4,884.4 4,946.6 4,951.3 4,999.0 4,946.7 4,970.7 L I A B I L I T I E S 17 Deposits 2,915.8 3,048.0 3,065.7 3,105.3 3,111.6 3,112.9 3,149.5 3,189.0 3,188.4 3,239.9 3,202.4 3,228.0 18 Transaction 700.0 687.6 685.5 693.0 686.8 678.2 684.6 695.4 704.0 712.3 678.4 699.2 19 Nontransaction 2,215.8 2,360.4 2,380.2 2,412.3 2,424.8 2,434.7 2,464.8 2,493.5 2,484.3 2,527.6 2,524.0 2,528.8 20 Large time 551.9 612.2 619.8 633.1 636.8 642.2 658.6 672.9 675.0 682.4 680.3 667.4 21 Other 1,663.9 1,748.2 1,760.4 1,779.2 1,788.0 1,792.5 1,806.3 1,820.7 1,809.3 1,845.2 1,843.7 1,861.4 22 Borrowings 736.7 771.0 800.2 814.0 818.8 824.9 826.0 856.9 861.0 873.3 873.1 878.0 23 From banks in the U.S. 308.3 295.3 292.9 300.3 304.2 290.9 292.1 307.0 313.1 327.6 318.2 322.1 24 From others 428.4 475.6 507.3 513.7 514.6 534.0 534.0 549.9 547.9 545.7 554.8 555.9 25 Net due to related foreign offices 220.2 204.7 196.4 192.3 202.4 231.7 222.8 200.4 190.0 178.2 177.1 171.3 26 Other liabilities 274.0 270.8 282.8 293.6 293.8 306.2 300.7 292.9 283.7 300.4 294.2 279.7 27 TOTAL LIABILITIES 4,146.7 4,294.4 4,345.1 4,405.2 4,426.6 4,475.7 4,499.1 4,539.2 4,523.1 4,591.7 4,546.8 4,557.0 28 Residual (assets less liabilities) (7) 378.2 398.9 380.2 384.6 382.6 380.8 385.3 407.3 428.3 407.3 399.9 413.8 ------------------------------------------------- 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 April 24, 1998 Account 1997 1997 1997 1997 1997 1998 1998 1998 Week ending Mar Sep Oct Nov Dec Jan Feb Mar Mar 25 Apr 1 Apr 8 Apr 15 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,842.4 3,996.7 4,031.0 4,076.6 4,099.5 4,151.2 4,173.1 4,207.5 4,190.8 4,238.6 4,208.2 4,212.9 2 Securities in bank credit 1,009.2 1,028.8 1,043.7 1,076.6 1,078.9 1,103.3 1,111.3 1,127.2 1,115.7 1,144.1 1,125.5 1,115.1 3 U.S. government securities 706.5 720.3 729.6 743.7 744.6 754.7 765.0 780.7 773.6 786.3 777.0 764.5 4 Other securities 302.8 308.4 314.0 332.9 334.4 348.5 346.3 346.5 342.0 357.8 348.4 350.6 5 Loans and leases in bank credit (2) 2,833.2 2,967.9 2,987.4 3,000.0 3,020.6 3,048.0 3,061.8 3,080.3 3,075.2 3,094.5 3,082.7 3,097.8 6 Commercial and industrial 803.0 832.5 839.4 843.1 850.4 860.2 869.9 874.5 871.6 872.7 871.0 879.7 7 Real estate 1,149.3 1,218.7 1,223.4 1,231.5 1,232.3 1,232.7 1,240.9 1,252.1 1,250.8 1,256.1 1,260.5 1,258.0 8 Revolving home equity 86.6 96.5 97.2 98.1 98.7 99.1 99.0 98.1 97.7 98.2 98.0 98.5 9 Other 1,062.7 1,122.2 1,126.2 1,133.4 1,133.6 1,133.5 1,141.9 1,154.0 1,153.0 1,157.8 1,162.5 1,159.6 10 Consumer 509.6 517.9 509.9 510.3 514.0 511.6 503.0 496.3 496.4 492.1 492.0 491.9 11 Security (3) 87.6 93.9 104.4 100.1 99.3 116.6 119.5 117.8 117.6 122.7 110.8 115.7 12 Other loans and leases 283.8 304.9 310.3 315.0 324.5 326.9 328.4 339.6 338.8 350.9 348.4 352.4 13 Interbank loans 216.4 195.2 196.9 211.4 223.7 211.0 202.0 212.5 213.1 232.9 224.0 229.9 14 Cash assets (4) 231.0 256.0 270.0 287.5 286.8 280.0 268.9 268.3 262.2 283.6 257.6 279.6 15 Other assets (5) 271.1 289.0 288.0 295.1 294.9 294.8 298.8 293.4 285.9 298.9 306.4 323.1 16 TOTAL ASSETS (6) 4,505.1 4,680.0 4,729.5 4,813.8 4,848.2 4,880.7 4,886.2 4,925.0 4,895.4 4,997.1 4,939.6 4,988.8 L I A B I L I T I E S 17 Deposits 2,906.4 3,050.5 3,068.6 3,123.4 3,144.0 3,119.0 3,136.7 3,179.8 3,153.6 3,250.1 3,216.9 3,251.5 18 Transaction 687.8 682.8 681.8 703.8 721.0 690.2 677.9 683.1 670.3 719.2 683.4 724.4 19 Nontransaction 2,218.6 2,367.7 2,386.8 2,419.6 2,422.9 2,428.8 2,458.8 2,496.6 2,483.3 2,530.9 2,533.5 2,527.0 20 Large time 550.3 613.9 623.6 638.8 641.3 640.5 657.5 670.3 672.5 677.8 672.6 660.6 21 Other 1,668.2 1,753.8 1,763.2 1,780.8 1,781.6 1,788.3 1,801.3 1,826.3 1,810.8 1,853.1 1,860.9 1,866.4 22 Borrowings 729.3 773.1 796.3 811.5 816.8 831.3 826.6 848.9 855.3 863.6 855.5 870.3 23 From banks in the U.S. 305.5 294.2 289.5 300.6 307.9 294.4 293.0 304.6 311.0 324.6 311.5 318.3 24 From others 423.8 478.9 506.8 510.9 508.8 536.9 533.6 544.3 544.4 539.0 544.1 552.0 25 Net due to related foreign offices 219.0 204.3 193.7 188.4 200.3 231.8 220.9 198.8 198.1 177.9 166.1 166.1 26 Other liabilities 274.2 270.6 282.5 295.2 294.7 306.2 301.9 293.1 283.7 299.8 293.2 278.7 27 TOTAL LIABILITIES 4,128.9 4,298.5 4,341.1 4,418.5 4,455.8 4,488.3 4,486.2 4,520.5 4,490.8 4,591.3 4,531.7 4,566.6 28 Residual (assets less liabilities) (7) 376.1 381.5 388.4 395.4 392.4 392.4 400.0 404.4 404.7 405.7 408.0 422.2 MEMO 29 Reval. gains on off-bal. sheet items (8) 91.4 80.8 79.8 84.3 82.7 93.3 87.8 87.5 84.1 92.9 84.0 84.2 30 Reval. losses on off-bal. sheet items (8) 87.3 81.8 81.4 85.6 86.0 95.8 90.1 89.6 85.7 95.7 87.5 85.0 ------------------------------------------------- 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 April 24, 1998 Account 1997 1997 1997 1997 1997 1998 1998 1998 Week ending Mar Sep Oct Nov Dec Jan Feb Mar Mar 25 Apr 1 Apr 8 Apr 15 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,329.0 3,466.8 3,486.9 3,519.5 3,545.1 3,577.4 3,608.1 3,652.1 3,651.5 3,672.6 3,655.0 3,652.4 2 Securities in bank credit 840.0 857.4 868.9 883.9 896.1 911.6 916.1 929.8 926.4 933.0 918.9 916.6 3 U.S. government securities 625.0 641.8 650.5 662.9 670.4 678.6 683.6 691.3 687.5 685.5 678.8 674.2 4 Other securities 215.0 215.6 218.5 221.0 225.7 232.9 232.4 238.5 238.9 247.5 240.1 242.5 5 Loans and leases in bank credit (2) 2,489.0 2,609.4 2,617.9 2,635.6 2,649.0 2,665.8 2,692.0 2,722.4 2,725.1 2,739.6 2,736.2 2,735.8 6 Commercial and industrial 581.9 615.3 619.0 622.9 630.8 638.9 646.9 650.0 650.3 651.9 651.9 656.3 7 Real estate 1,123.4 1,186.1 1,189.8 1,198.7 1,202.9 1,206.1 1,220.2 1,234.0 1,234.5 1,238.5 1,242.8 1,239.4 8 Revolving home equity 87.4 95.8 96.4 97.4 98.4 98.9 99.4 99.2 98.9 99.6 99.5 99.6 9 Other 1,036.0 1,090.3 1,093.3 1,101.3 1,104.5 1,107.2 1,120.8 1,134.8 1,135.6 1,139.0 1,143.3 1,139.8 10 Consumer 516.0 515.1 508.0 507.7 507.7 504.8 503.5 502.8 503.4 499.2 498.8 497.1 11 Security (3) 47.2 52.5 57.5 57.6 53.0 61.5 63.2 68.0 69.1 73.4 67.0 63.2 12 Other loans and leases 220.6 240.5 243.6 248.7 254.6 254.6 258.2 267.6 267.7 276.6 275.8 279.7 13 Interbank loans 194.5 181.4 180.4 182.4 183.0 176.2 174.4 192.3 200.0 207.2 198.4 202.9 14 Cash assets (4) 207.3 223.8 231.6 242.5 233.8 236.5 236.8 246.4 250.2 252.0 233.4 242.7 15 Other assets (5) 231.1 245.2 246.5 249.3 252.6 255.2 256.0 251.5 246.4 256.7 264.7 282.7 16 TOTAL ASSETS (6) 3,906.1 4,060.8 4,089.1 4,137.4 4,158.1 4,189.0 4,218.8 4,285.7 4,291.6 4,331.5 4,294.8 4,324.0 L I A B I L I T I E S 17 Deposits 2,674.1 2,784.8 2,798.0 2,832.4 2,839.1 2,841.1 2,866.4 2,901.6 2,901.3 2,944.2 2,907.5 2,943.5 18 Transaction 689.7 676.5 675.0 682.7 677.0 668.2 674.6 685.0 693.8 700.7 667.1 687.3 19 Nontransaction 1,984.4 2,108.2 2,123.0 2,149.7 2,162.1 2,173.0 2,191.8 2,216.7 2,207.5 2,243.5 2,240.4 2,256.2 20 Large time 324.6 360.7 365.7 373.9 376.9 382.3 387.1 397.7 399.5 400.1 397.8 396.1 21 Other 1,659.8 1,747.6 1,757.3 1,775.8 1,785.2 1,790.7 1,804.7 1,819.0 1,808.0 1,843.4 1,842.6 1,860.1 22 Borrowings 602.2 626.3 644.3 657.7 669.3 676.0 682.0 703.6 705.5 702.6 708.1 704.3 23 From banks in the U.S. 274.8 260.4 259.1 271.3 278.3 267.5 269.5 281.2 286.3 291.8 290.1 285.5 24 From others 327.4 365.9 385.2 386.3 391.0 408.5 412.5 422.4 419.2 410.8 418.0 418.7 25 Net due to related foreign offices 72.9 79.1 77.9 75.2 80.8 91.2 87.7 81.7 84.0 81.8 76.1 73.5 26 Other liabilities 181.2 176.6 191.2 197.6 198.2 209.7 203.2 198.9 193.5 205.0 203.4 191.4 27 TOTAL LIABILITIES 3,530.4 3,666.8 3,711.5 3,762.9 3,787.4 3,818.1 3,839.3 3,885.9 3,884.3 3,933.6 3,895.1 3,912.7 28 Residual (assets less liabilities) (7) 375.7 394.1 377.5 374.5 370.7 370.8 379.5 399.8 407.2 397.9 399.7 411.3 ------------------------------------------------- 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 April 24, 1998 Account 1997 1997 1997 1997 1997 1998 1998 1998 Week ending Mar Sep Oct Nov Dec Jan Feb Mar Mar 25 Apr 1 Apr 8 Apr 15 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,319.6 3,462.3 3,491.9 3,532.4 3,555.7 3,587.8 3,606.1 3,642.9 3,633.4 3,668.1 3,652.4 3,662.1 2 Securities in bank credit 842.8 850.5 866.4 887.1 895.1 917.4 922.6 933.1 925.5 938.1 927.7 928.5 3 U.S. government securities 626.7 637.7 648.5 663.3 668.6 677.3 683.3 693.8 689.5 692.1 689.7 685.8 4 Other securities 216.2 212.8 217.8 223.8 226.4 240.1 239.3 239.2 236.1 245.9 238.1 242.7 5 Loans and leases in bank credit (2) 2,476.8 2,611.8 2,625.5 2,645.3 2,660.7 2,670.3 2,683.5 2,709.8 2,707.8 2,730.0 2,724.6 2,733.6 6 Commercial and industrial 584.5 611.3 617.2 621.9 628.2 635.7 645.7 652.9 653.2 657.5 657.0 663.5 7 Real estate 1,117.3 1,190.7 1,195.7 1,204.6 1,206.3 1,206.1 1,214.7 1,227.4 1,226.8 1,232.3 1,236.8 1,234.1 8 Revolving home equity 86.6 96.5 97.2 98.1 98.7 99.1 99.0 98.1 97.7 98.2 98.0 98.5 9 Other 1,030.8 1,094.2 1,098.4 1,106.5 1,107.6 1,107.0 1,115.8 1,129.3 1,129.0 1,134.0 1,138.8 1,135.6 10 Consumer 509.6 517.9 509.9 510.3 514.0 511.6 503.0 496.3 496.4 492.1 492.0 491.9 11 Security (3) 47.3 50.6 57.6 58.6 54.3 61.6 64.5 68.2 68.1 71.5 65.5 67.3 12 Other loans and leases 218.1 241.3 245.1 249.9 257.9 255.4 255.5 265.1 263.4 276.7 273.4 276.8 13 Interbank loans 193.4 176.7 176.4 187.7 192.5 183.1 177.4 191.9 189.4 211.3 207.8 212.3 14 Cash assets (4) 198.9 221.7 235.4 251.8 251.7 247.8 237.5 236.0 229.0 250.3 224.2 246.2 15 Other assets (5) 230.9 246.2 246.7 249.8 252.2 253.3 255.7 251.3 245.6 258.4 265.7 282.8 16 TOTAL ASSETS (6) 3,887.1 4,050.3 4,094.2 4,165.2 4,195.6 4,215.9 4,220.3 4,265.5 4,240.9 4,331.5 4,293.7 4,347.0 L I A B I L I T I E S 17 Deposits 2,664.0 2,786.0 2,801.2 2,851.1 2,868.3 2,849.2 2,855.9 2,891.2 2,863.0 2,952.8 2,925.2 2,969.9 18 Transaction 677.5 671.3 671.3 693.6 710.7 680.2 668.2 672.8 660.1 707.5 672.5 713.1 19 Nontransaction 1,986.4 2,114.7 2,129.8 2,157.5 2,157.6 2,168.9 2,187.7 2,218.4 2,202.9 2,245.2 2,252.7 2,256.8 20 Large time 321.6 363.4 368.7 378.3 377.2 381.6 387.4 393.1 393.0 393.1 392.8 391.4 21 Other 1,664.8 1,751.3 1,761.2 1,779.2 1,780.4 1,787.4 1,800.3 1,825.3 1,809.8 1,852.1 1,859.9 1,865.4 22 Borrowings 594.9 628.5 640.5 655.2 667.3 682.4 682.6 695.5 699.9 692.8 690.5 696.6 23 From banks in the U.S. 272.1 259.4 255.7 271.6 282.1 271.0 270.4 278.8 284.2 288.7 283.3 281.7 24 From others 322.8 369.1 384.8 383.5 385.2 411.5 412.2 416.8 415.7 404.1 407.2 414.8 25 Net due to related foreign offices 72.5 80.2 76.0 70.6 73.8 86.5 84.5 80.9 86.1 80.9 72.5 72.5 26 Other liabilities 181.2 176.6 191.2 197.6 198.2 209.7 203.2 198.9 193.5 205.0 203.4 191.4 27 TOTAL LIABILITIES 3,512.6 3,671.3 3,708.9 3,774.5 3,807.6 3,827.8 3,826.2 3,866.6 3,842.5 3,931.5 3,891.7 3,930.3 28 Residual (assets less liabilities) (7) 374.6 379.0 385.3 390.7 388.0 388.0 394.1 399.0 398.4 400.0 402.1 416.8 MEMO 29 Reval. gains on off-bal. sheet items (8) 49.0 37.5 38.2 41.5 41.3 50.1 47.3 47.5 45.7 50.6 43.6 45.6 30 Reval. losses on off-bal. sheet items (8) 43.2 40.0 41.3 43.6 44.2 52.9 49.5 49.8 47.7 52.5 46.5 47.2 31 Mortgage-backed securities (9) 248.8 259.3 265.9 275.5 281.5 290.1 294.6 300.2 300.1 302.9 301.4 294.0 ------------------------------------------------- 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 April 24, 1998 Account 1997 1997 1997 1997 1997 1998 1998 1998 Week ending Mar Sep Oct Nov Dec Jan Feb Mar Mar 25 Apr 1 Apr 8 Apr 15 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 2,001.5 2,063.1 2,076.6 2,091.9 2,105.8 2,134.8 2,159.9 2,199.5 2,201.4 2,217.9 2,201.3 2,193.8 2 Securities in bank credit 444.7 454.0 462.7 473.9 482.9 500.9 506.9 518.7 517.9 521.6 508.4 506.9 3 U.S. government securities 310.5 320.8 327.0 337.5 342.8 353.4 360.0 368.3 367.0 363.7 358.6 354.6 3a Trading account 18.7 23.4 25.0 26.7 27.3 29.1 28.0 27.5 27.6 25.3 23.3 22.8 3b Investment account 291.8 297.3 302.0 310.9 315.4 324.3 332.1 340.8 339.4 338.4 335.3 331.8 4 Other securities 134.2 133.2 135.7 136.3 140.1 147.5 146.8 150.5 150.9 157.9 149.8 152.3 4a Trading account 68.9 61.7 63.6 63.7 63.7 69.9 67.9 71.2 71.1 75.7 69.5 71.2 4b Investment account 65.3 71.5 72.1 72.6 76.5 77.7 79.0 79.2 79.8 82.2 80.2 81.1 4c State and local government 21.0 22.2 22.3 22.3 22.1 22.5 22.7 22.8 22.9 23.0 23.0 22.9 4d Other 44.3 49.3 49.8 50.3 54.3 55.1 56.2 56.4 57.0 59.2 57.3 58.2 5 Loans and leases in bank credit (2) 1,556.8 1,609.1 1,613.9 1,618.0 1,622.9 1,633.9 1,653.0 1,680.8 1,683.5 1,696.2 1,692.9 1,686.9 6 Commercial and industrial 413.1 434.3 436.9 438.9 445.7 451.8 458.3 461.1 461.1 462.3 462.3 465.3 6a Bankers acceptances 1.8 1.5 1.3 1.3 1.2 1.2 1.2 1.3 1.3 1.2 1.3 1.2 6b Other 411.3 432.8 435.6 437.6 444.5 450.6 457.0 459.9 459.8 461.0 461.0 464.1 7 Real estate 635.0 649.6 649.4 650.6 649.6 647.2 656.4 668.2 668.3 672.0 675.9 670.2 8 Revolving home equity 62.2 67.3 67.7 68.2 68.8 69.4 69.8 69.7 69.4 70.1 70.2 70.2 9 Other 572.8 582.3 581.7 582.4 580.8 577.8 586.6 598.5 598.9 601.8 605.6 600.0 10 Consumer 308.0 303.2 298.9 296.6 295.2 294.0 293.0 294.4 295.1 293.1 293.5 290.6 11 Security (3) 42.4 47.7 52.4 52.1 47.3 55.9 57.4 61.8 63.1 66.7 60.1 56.4 11a Fed funds and RPs with broker/dealer 25.9 30.8 35.3 35.7 30.9 39.5 41.2 43.7 44.8 48.1 42.5 38.6 11b Other 16.5 16.9 17.1 16.4 16.4 16.4 16.2 18.1 18.3 18.7 17.6 17.7 12a State and local government 11.4 11.3 11.1 11.0 10.9 10.8 10.8 10.6 10.5 10.6 10.7 10.6 12b Agricultural 9.2 9.2 9.3 9.6 9.6 9.5 9.5 9.6 9.6 9.6 9.6 9.7 12c Fed funds and RPs with others 6.4 7.4 8.9 8.9 11.1 7.7 6.1 7.1 7.2 8.0 6.9 8.3 12d All other loans 63.8 69.2 68.6 71.2 72.3 73.2 76.7 81.3 81.5 86.0 85.1 86.6 12e Lease financing receivables 67.6 77.2 78.4 79.2 81.1 83.7 84.8 86.7 87.0 88.0 88.9 89.2 13 Interbank loans 145.3 127.5 124.0 126.6 127.0 119.8 117.1 127.2 132.2 137.9 131.5 132.4 13a Fed funds and RPs with banks 95.6 80.7 77.7 81.9 82.2 76.3 68.9 80.3 87.3 88.1 79.3 81.3 13b Other 49.7 46.8 46.3 44.7 44.8 43.4 48.2 46.9 44.9 49.8 52.2 51.1 14 Cash assets (4) 142.5 153.2 160.9 169.8 162.1 164.5 163.9 172.7 176.6 174.6 159.6 170.4 15 Other assets (5) 177.2 182.7 184.6 184.6 189.6 191.3 190.7 186.5 182.3 189.8 196.9 198.6 16 TOTAL ASSETS (6) 2,429.3 2,489.8 2,509.4 2,536.3 2,547.8 2,573.6 2,594.8 2,649.0 2,655.7 2,682.8 2,652.2 2,658.4 ------------------------------------------------- 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) April 24, 1998 Account 1997 1997 1997 1997 1997 1998 1998 1998 Week ending Mar Sep Oct Nov Dec Jan Feb Mar Mar 25 Apr 1 Apr 8 Apr 15 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- L I A B I L I T I E S 17 Deposits 1,498.5 1,524.6 1,531.7 1,554.1 1,555.4 1,554.0 1,573.0 1,600.7 1,602.0 1,629.3 1,604.0 1,630.4 18 Transaction 396.4 377.2 376.0 382.4 378.4 370.9 375.1 382.7 387.5 394.3 372.0 393.3 19 Nontransaction 1,102.1 1,147.4 1,155.7 1,171.7 1,176.9 1,183.1 1,197.8 1,218.0 1,214.5 1,235.0 1,231.9 1,237.1 20 Large time 171.4 197.3 200.5 206.5 209.1 213.7 216.3 226.5 228.6 227.7 225.0 222.9 21 Other 930.7 950.2 955.2 965.2 967.8 969.4 981.5 991.5 985.9 1,007.3 1,006.9 1,014.2 22 Borrowings 457.3 471.8 490.7 503.5 511.3 517.8 522.8 542.2 544.8 541.6 544.5 541.0 23 From banks in the U.S. 200.4 185.4 187.9 200.6 205.7 195.1 196.9 208.8 213.8 219.5 216.7 213.6 24 From others 256.9 286.3 302.9 302.9 305.6 322.7 325.9 333.3 331.1 322.1 327.8 327.4 25 Net due to related foreign offices 68.9 74.2 72.8 70.2 76.5 87.0 81.6 77.6 80.5 77.9 72.1 69.6 26 Other liabilities 156.0 149.3 163.4 168.8 169.1 180.9 173.8 168.5 162.8 174.9 172.8 158.6 27 TOTAL LIABILITIES 2,180.7 2,219.9 2,258.6 2,296.7 2,312.3 2,339.7 2,351.2 2,389.0 2,390.1 2,423.7 2,393.4 2,399.5 28 Residual (assets less liabilities) (7) 248.6 269.9 250.8 239.6 235.5 233.9 243.6 259.9 265.6 259.1 258.9 258.8 ------------------------------------------------- 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 April 24, 1998 Account 1997 1997 1997 1997 1997 1998 1998 1998 Week ending Mar Sep Oct Nov Dec Jan Feb Mar Mar 25 Apr 1 Apr 8 Apr 15 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 1,995.8 2,056.0 2,081.6 2,105.3 2,115.7 2,150.4 2,166.4 2,193.9 2,184.6 2,212.9 2,197.2 2,198.1 2 Securities in bank credit 446.1 447.6 462.9 480.1 483.7 508.3 515.5 520.6 513.8 523.1 512.9 513.0 3 U.S. government securities 311.0 316.9 327.2 340.7 342.6 353.4 361.8 369.7 366.0 367.1 365.4 360.9 3a Trading account 19.2 23.4 26.1 28.0 26.9 28.2 28.4 28.3 26.5 25.3 24.9 23.8 3b Investment account 291.7 293.5 301.1 312.7 315.6 325.3 333.4 341.3 339.5 341.7 340.4 337.1 3c Mortgage-backed 187.8 192.7 198.3 206.9 211.7 219.8 222.6 227.3 227.7 229.1 228.7 220.9 3d Other 103.9 100.8 102.8 105.8 104.0 105.5 110.8 114.1 111.8 112.6 111.8 116.1 3e 1 year or less 27.8 27.9 26.5 29.1 27.7 26.6 28.5 29.2 28.2 27.5 28.5 31.1 3f Between 1 and 5 years 59.0 50.1 53.1 53.9 53.6 52.5 51.6 51.6 50.3 51.9 51.2 50.9 3g More than 5 years 17.2 22.9 23.3 22.9 22.6 26.4 30.7 33.3 33.4 33.2 32.0 34.1 4 Other securities 135.1 130.7 135.7 139.4 141.2 154.9 153.7 151.0 147.7 156.0 147.5 152.1 4a Trading account 69.8 59.4 63.3 65.9 63.9 76.6 74.6 71.7 68.0 74.2 67.5 71.5 4b Investment account 65.3 71.3 72.3 73.5 77.2 78.3 79.1 79.3 79.7 81.9 80.0 80.6 4c State and local government 20.9 22.3 22.4 22.3 22.2 22.5 22.7 22.7 22.8 22.9 22.9 22.9 4d Other 44.4 49.0 50.0 51.2 55.1 55.8 56.4 56.5 57.0 59.0 57.1 57.7 5 Loans and leases in bank credit (2) 1,549.8 1,608.5 1,618.8 1,625.2 1,632.0 1,642.0 1,651.0 1,673.3 1,670.8 1,689.8 1,684.3 1,685.1 6 Commercial and industrial 414.7 431.7 436.6 439.0 443.7 449.4 457.4 463.0 462.5 466.5 465.8 470.2 6a Bankers acceptances 1.7 1.5 1.4 1.4 1.3 1.2 1.2 1.2 1.2 1.2 1.2 1.2 6b Other 413.1 430.2 435.2 437.7 442.4 448.2 456.2 461.8 461.3 465.3 464.6 469.0 7 Real estate 631.3 652.5 653.0 654.5 652.1 650.3 654.7 663.9 662.6 666.9 671.2 665.3 8 Revolving home equity 61.4 67.8 68.3 68.8 69.2 69.8 69.4 68.8 68.4 68.9 68.7 69.0 9a Other residential 352.0 362.4 360.6 360.6 357.9 357.5 361.4 370.9 369.6 373.3 378.2 371.9 9b Commercial 217.9 222.3 224.1 225.1 225.0 223.1 223.9 224.3 224.6 224.7 224.3 224.5 10 Consumer 303.7 305.0 299.9 297.5 299.1 299.0 292.7 289.9 290.3 287.9 288.5 286.6 11 Security (3) 42.5 45.8 52.5 53.1 48.6 56.0 58.7 61.9 62.1 64.8 58.6 60.4 11a Fed funds and RPs with broker/dealer 26.0 29.3 35.5 36.6 31.3 39.6 42.5 43.9 43.6 46.1 42.2 42.1 11b Other 16.5 16.5 17.0 16.5 17.3 16.4 16.3 18.0 18.5 18.7 16.4 18.3 12a State and local government 11.4 11.3 11.2 11.1 11.0 10.8 10.8 10.6 10.5 10.6 10.5 10.5 12b Agricultural 8.9 9.5 9.5 9.6 9.6 9.4 9.1 9.2 9.2 9.2 9.2 9.3 12c Fed funds and RPs with others 6.4 7.4 8.9 8.9 11.1 7.7 6.1 7.1 7.2 8.0 6.9 8.3 12d All other loans 62.8 68.8 69.1 72.3 75.5 73.9 75.3 80.4 78.9 87.7 84.6 85.3 12e Lease financing receivables 68.1 76.4 78.0 79.2 81.3 85.5 86.1 87.3 87.5 88.3 89.0 89.2 13 Interbank loans 140.9 126.1 120.8 128.6 132.4 125.3 116.1 123.0 122.9 137.7 129.9 135.2 13a Fed funds and RPs with banks 92.2 79.8 74.8 83.6 86.3 80.3 68.1 76.9 79.3 89.0 78.0 84.6 13b Other 48.7 46.3 46.1 45.0 46.1 45.0 48.0 46.0 43.6 48.7 52.0 50.6 14 Cash assets (4) 135.9 151.8 164.8 176.6 176.4 174.6 164.8 164.0 159.4 172.5 151.6 173.0 15 Other assets (5) 177.2 182.7 184.6 184.6 189.6 191.3 190.7 186.5 182.3 189.8 196.9 198.6 16 TOTAL ASSETS (6) 2,412.8 2,479.5 2,515.1 2,558.3 2,577.4 2,605.1 2,601.3 2,630.5 2,612.5 2,676.0 2,638.9 2,668.3 ------------------------------------------------- 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) April 24, 1998 Account 1997 1997 1997 1997 1997 1998 1998 1998 Week ending Mar Sep Oct Nov Dec Jan Feb Mar Mar 25 Apr 1 Apr 8 Apr 15 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- L I A B I L I T I E S 17 Deposits 1,487.6 1,529.3 1,536.8 1,566.3 1,576.8 1,563.4 1,565.5 1,588.7 1,569.8 1,628.8 1,604.4 1,640.9 18 Transaction 387.7 374.2 373.9 388.9 401.6 380.5 372.0 373.6 363.6 398.7 370.6 409.2 19 Nontransaction 1,099.9 1,155.1 1,162.8 1,177.4 1,175.2 1,182.8 1,193.4 1,215.1 1,206.2 1,230.2 1,233.9 1,231.7 20 Large time 168.4 200.0 203.4 211.0 209.4 213.0 216.7 221.9 222.1 220.6 220.0 218.2 21 Other 931.6 955.1 959.4 966.4 965.9 969.8 976.7 993.2 984.1 1,009.5 1,013.8 1,013.5 22 Borrowings 453.2 470.9 486.4 501.4 508.6 523.3 525.3 537.3 540.6 534.1 532.9 538.2 23 From banks in the U.S. 199.0 183.3 184.9 201.8 209.4 198.1 198.6 207.6 211.9 217.0 212.2 211.6 24 From others 254.2 287.6 301.6 299.6 299.2 325.2 326.6 329.8 328.7 317.0 320.7 326.6 25 Net due to related foreign offices 68.6 75.3 70.8 65.6 69.5 82.3 78.4 76.8 82.6 77.0 68.5 68.5 26 Other liabilities 156.0 149.3 163.4 168.8 169.1 180.9 173.8 168.5 162.8 174.9 172.8 158.6 27 TOTAL LIABILITIES 2,165.3 2,224.8 2,257.4 2,302.1 2,324.0 2,349.9 2,342.9 2,371.4 2,355.7 2,414.8 2,378.6 2,406.2 28 Residual (assets less liabilities) (7) 247.5 254.7 257.7 256.2 253.4 255.2 258.4 259.1 256.8 261.2 260.3 262.1 MEMO 29 Reval. gains on off-bal. sheet items (8) 49.0 37.5 38.2 41.5 41.3 50.1 47.3 47.5 45.7 50.6 43.6 45.6 30 Reval. losses on off-bal. sheet items (8) 43.2 40.0 41.3 43.6 44.2 52.9 49.5 49.8 47.7 52.5 46.5 47.2 31 Mortgage-backed securities (9) 208.0 211.2 216.9 225.4 230.2 238.7 242.6 247.7 247.8 249.8 248.7 241.5 31a Pass-through 140.8 145.0 149.6 154.5 157.5 162.5 165.0 169.4 170.7 171.5 170.7 164.9 31b CMO, REMIC, and other 67.3 66.3 67.3 70.9 72.7 76.1 77.6 78.3 77.2 78.4 78.0 76.5 32 Net unrealized gains (losses) on 0.6 1.8 2.5 2.4 2.2 3.0 3.3 3.0 3.0 2.8 3.1 3.2 available-for-sale securities (10) 33 Offshore credit to U.S. residents (11) 32.9 34.1 34.2 34.4 34.2 35.5 36.2 35.2 35.0 35.6 35.5 35.5 ------------------------------------------------- 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 April 24, 1998 Account 1997 1997 1997 1997 1997 1998 1998 1998 Week ending Mar Sep Oct Nov Dec Jan Feb Mar Mar 25 Apr 1 Apr 8 Apr 15 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 1,327.5 1,403.7 1,410.2 1,427.6 1,439.3 1,442.6 1,448.2 1,452.6 1,450.1 1,454.8 1,453.7 1,458.6 2 Securities in bank credit 395.3 403.4 406.2 410.1 413.2 410.7 409.2 411.1 408.5 411.4 410.5 409.7 3 U.S. government securities 314.5 321.0 323.5 325.4 327.6 325.3 323.6 323.0 320.5 321.8 320.2 319.6 4 Other securities 80.9 82.4 82.7 84.7 85.6 85.4 85.6 88.0 88.0 89.6 90.3 90.1 5 Loans and leases in bank credit (2) 932.2 1,000.3 1,004.0 1,017.5 1,026.1 1,031.9 1,039.0 1,041.6 1,041.7 1,043.4 1,043.2 1,048.9 6 Commercial and industrial 168.8 181.0 182.1 184.0 185.1 187.1 188.6 188.9 189.3 189.7 189.6 191.0 7 Real estate 488.4 536.5 540.4 548.1 553.3 558.8 563.8 565.8 566.2 566.6 566.9 569.2 8 Revolving home equity 25.2 28.5 28.7 29.2 29.6 29.5 29.6 29.5 29.5 29.4 29.3 29.4 9 Other 463.1 508.0 511.7 518.9 523.7 529.3 534.2 536.3 536.7 537.1 537.6 539.7 10 Consumer 208.0 211.9 209.1 211.1 212.5 210.8 210.5 208.3 208.2 206.1 205.2 206.5 11 Security (3) 4.8 4.7 5.2 5.5 5.7 5.6 5.8 6.2 6.1 6.7 6.9 6.9 12 Other loans and leases 62.2 66.1 67.2 68.8 69.5 69.7 70.3 72.4 71.8 74.4 74.6 75.3 13 Interbank loans 49.2 53.8 56.4 55.8 56.1 56.4 57.3 65.1 67.8 69.3 66.9 70.5 14 Cash assets (4) 64.8 70.5 70.6 72.7 71.7 72.1 72.9 73.7 73.6 77.4 73.8 72.3 15 Other assets (5) 53.8 62.5 61.9 64.7 63.0 63.9 65.3 64.9 64.1 66.9 67.8 84.1 16 TOTAL ASSETS (6) 1,476.8 1,571.0 1,579.7 1,601.2 1,610.3 1,615.4 1,624.0 1,636.7 1,635.9 1,648.6 1,642.6 1,665.6 L I A B I L I T I E S 17 Deposits 1,175.5 1,260.2 1,266.3 1,278.3 1,283.7 1,287.2 1,293.4 1,300.9 1,299.3 1,315.0 1,303.6 1,313.1 18 Transaction 293.3 299.3 299.0 300.3 298.6 297.3 299.5 302.3 306.3 306.4 295.1 294.0 19 Nontransaction 882.2 960.8 967.3 978.0 985.2 989.9 993.9 998.7 993.0 1,008.5 1,008.5 1,019.0 20 Large time 153.2 163.4 165.3 167.4 167.8 168.6 170.7 171.2 170.9 172.5 172.8 173.1 21 Other 729.0 797.4 802.0 810.6 817.4 821.3 823.2 827.5 822.1 836.1 835.7 845.9 22 Borrowings 144.9 154.6 153.6 154.2 157.9 158.2 159.2 161.4 160.7 161.0 163.6 163.3 23 From banks in the U.S. 74.4 75.0 71.2 70.7 72.5 72.4 72.6 72.4 72.5 72.3 73.4 71.9 24 From others 70.5 79.6 82.4 83.4 85.4 85.8 86.6 89.1 88.2 88.7 90.2 91.4 25 Net due to related foreign offices 3.9 4.9 5.2 5.0 4.3 4.2 6.1 4.1 3.5 3.9 4.0 4.0 26 Other liabilities 25.3 27.3 27.8 28.8 29.1 28.8 29.4 30.4 30.7 30.1 30.6 32.8 27 TOTAL LIABILITIES 1,349.7 1,446.9 1,452.9 1,466.3 1,475.1 1,478.4 1,488.1 1,496.8 1,494.2 1,509.9 1,501.8 1,513.1 28 Residual (assets less liabilities) (7) 127.1 124.2 126.7 134.9 135.2 136.9 136.0 139.9 141.6 138.7 140.8 152.5 ------------------------------------------------- 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 April 24, 1998 Account 1997 1997 1997 1997 1997 1998 1998 1998 Week ending Mar Sep Oct Nov Dec Jan Feb Mar Mar 25 Apr 1 Apr 8 Apr 15 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 1,323.7 1,406.2 1,410.3 1,427.0 1,440.0 1,437.4 1,439.6 1,449.0 1,448.8 1,455.2 1,455.2 1,464.0 2 Securities in bank credit 396.7 402.9 403.5 407.0 411.3 409.1 407.1 412.4 411.8 415.0 414.9 415.4 3 U.S. government securities 315.7 320.8 321.3 322.6 326.1 323.8 321.5 324.2 323.4 325.1 324.3 324.9 4 Other securities 81.0 82.1 82.2 84.4 85.3 85.2 85.6 88.3 88.4 89.9 90.6 90.6 5 Loans and leases in bank credit (2) 927.0 1,003.3 1,006.8 1,020.0 1,028.6 1,028.3 1,032.5 1,036.5 1,037.0 1,040.1 1,040.3 1,048.5 6 Commercial and industrial 169.7 179.6 180.6 182.9 184.6 186.3 188.2 189.8 190.6 191.0 191.2 193.3 7 Real estate 486.0 538.2 542.7 550.1 554.2 555.8 560.1 563.5 564.2 565.4 565.6 568.8 8 Revolving home equity 25.1 28.7 28.9 29.3 29.5 29.4 29.5 29.4 29.4 29.3 29.3 29.5 9 Other 460.9 509.5 513.8 520.8 524.7 526.4 530.5 534.1 534.8 536.0 536.3 539.2 10 Consumer 205.9 212.9 210.0 212.8 214.9 212.6 210.4 206.4 206.1 204.2 203.5 205.3 11 Security (3) 4.8 4.7 5.2 5.5 5.7 5.6 5.8 6.2 6.1 6.7 6.9 6.9 12 Other loans and leases 60.5 67.9 68.3 68.8 69.3 68.1 68.1 70.6 70.0 72.9 73.2 74.3 13 Interbank loans 52.5 50.7 55.6 59.2 60.1 57.9 61.3 68.9 66.5 73.6 77.9 77.2 14 Cash assets (4) 62.9 69.9 70.6 75.2 75.3 73.2 72.7 72.0 69.6 77.7 72.6 73.2 15 Other assets (5) 53.7 63.5 62.1 65.2 62.5 61.9 64.9 64.8 63.3 68.7 68.8 84.2 16 TOTAL ASSETS (6) 1,474.3 1,570.8 1,579.1 1,606.9 1,618.2 1,610.8 1,619.0 1,635.0 1,628.4 1,655.5 1,654.8 1,678.7 L I A B I L I T I E S 17 Deposits 1,176.4 1,256.7 1,264.4 1,284.8 1,291.5 1,285.8 1,290.4 1,302.5 1,293.2 1,323.9 1,320.8 1,329.0 18 Transaction 289.9 297.1 297.4 304.6 309.2 299.7 296.1 299.2 296.6 308.9 301.9 303.9 19 Nontransaction 886.5 959.6 967.0 980.2 982.3 986.1 994.3 1,003.3 996.6 1,015.0 1,018.9 1,025.1 20 Large time 153.2 163.4 165.3 167.4 167.8 168.6 170.7 171.2 170.9 172.5 172.8 173.1 21 Other 733.3 796.2 801.7 812.8 814.5 817.5 823.6 832.1 825.7 842.6 846.1 852.0 22 Borrowings 141.6 157.6 154.0 153.8 158.7 159.1 157.4 158.2 159.3 158.8 157.6 158.3 23 From banks in the U.S. 73.0 76.1 70.8 69.8 72.7 72.8 71.8 71.2 72.2 71.7 71.1 70.1 24 From others 68.6 81.5 83.2 83.9 86.0 86.3 85.6 87.0 87.1 87.1 86.5 88.2 25 Net due to related foreign offices 3.9 4.9 5.2 5.0 4.3 4.2 6.1 4.1 3.5 3.9 4.0 4.0 26 Other liabilities 25.3 27.3 27.8 28.8 29.1 28.8 29.4 30.4 30.7 30.1 30.6 32.8 27 TOTAL LIABILITIES 1,347.2 1,446.5 1,451.4 1,472.4 1,483.6 1,478.0 1,483.3 1,495.2 1,486.8 1,516.6 1,513.0 1,524.0 28 Residual (assets less liabilities) (7) 127.1 124.3 127.6 134.6 134.6 132.8 135.7 139.8 141.7 138.8 141.8 154.7 MEMO 29 Mortgage-backed securities (9) 40.7 48.1 49.0 50.1 51.3 51.5 51.9 52.4 52.3 53.0 52.7 52.6 ------------------------------------------------- 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 April 24, 1998 Account 1997 1997 1997 1997 1997 1998 1998 1998 Week ending Mar Sep Oct Nov Dec Jan Feb Mar Mar 25 Apr 1 Apr 8 Apr 15 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 522.7 537.3 539.3 549.4 544.7 566.5 567.6 565.0 560.4 569.7 556.9 551.4 2 Securities in bank credit 167.8 179.6 176.5 193.1 187.7 191.1 191.7 196.2 194.9 207.2 195.7 185.6 3 U.S. government securities 79.1 82.5 80.6 79.2 76.3 79.4 82.4 86.1 84.0 94.5 88.4 80.4 4 Other securities 88.7 97.1 95.9 113.8 111.5 111.8 109.3 110.0 110.9 112.7 107.3 105.1 5 Loans and leases in bank credit (2) 354.9 357.7 362.8 356.3 357.0 375.4 375.9 368.8 365.5 362.5 361.2 365.8 6 Commercial and industrial 217.9 222.3 222.5 221.4 221.3 223.7 223.1 221.0 217.5 213.3 214.3 216.2 7 Real estate 31.9 28.0 27.5 26.6 25.9 26.5 26.0 24.7 24.1 24.1 24.0 24.2 11 Security (3) 39.7 43.6 46.7 41.7 43.8 54.9 54.9 48.9 48.5 50.6 46.7 49.0 12 Other loans and leases 65.5 63.8 66.1 66.5 66.0 70.3 71.9 74.2 75.4 74.5 76.3 76.5 13 Interbank loans 23.0 18.4 20.5 23.6 31.1 27.8 24.6 20.6 23.7 21.5 16.2 17.6 14 Cash assets (4) 33.1 34.2 34.4 34.9 33.5 32.2 32.0 33.4 34.4 34.3 35.6 35.0 15 Other assets (5) 40.3 42.8 42.3 44.7 42.0 41.2 41.6 42.1 41.5 42.3 43.4 43.0 16 TOTAL ASSETS (6) 618.8 632.4 636.2 652.3 651.1 667.5 665.6 660.9 659.8 667.6 651.9 646.8 L I A B I L I T I E S 17 Deposits 241.7 263.2 267.7 272.8 272.5 271.7 283.1 287.3 287.1 295.6 294.9 284.5 18 Transaction 10.3 11.0 10.4 10.3 9.8 10.0 10.0 10.4 10.2 11.6 11.3 11.8 19 Nontransaction 231.4 252.1 257.2 262.6 262.7 261.7 273.1 276.9 276.9 284.1 283.6 272.6 20 Large time 227.3 251.5 254.1 259.3 259.9 259.9 271.5 275.2 275.6 282.2 282.5 271.3 21 Other 4.1 0.6 3.1 3.3 2.8 1.8 1.6 1.7 1.3 1.8 1.1 1.3 22 Borrowings 134.5 144.6 155.8 156.3 149.5 148.9 144.0 153.3 155.5 170.7 165.0 173.7 23 From banks in the U.S. 33.4 34.9 33.8 29.0 25.9 23.4 22.6 25.8 26.8 35.8 28.1 36.6 24 From others 101.1 109.7 122.0 127.3 123.6 125.4 121.4 127.5 128.7 134.9 136.9 137.1 25 Net due to related foreign offices 147.3 125.6 118.5 117.1 121.7 140.5 135.2 118.7 106.0 96.4 101.0 97.8 26 Other liabilities 92.7 94.2 91.6 96.0 95.5 96.5 97.5 94.0 90.2 95.4 90.8 88.4 27 TOTAL LIABILITIES 616.3 627.7 633.5 642.2 639.2 657.5 659.8 653.3 638.7 658.2 651.7 644.3 28 Residual (assets less liabilities) (7) 2.5 4.8 2.7 10.1 11.9 10.0 5.8 7.5 21.1 9.4 0.2 2.5 ------------------------------------------------- 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 April 24, 1998 Account 1997 1997 1997 1997 1997 1998 1998 1998 Week ending Mar Sep Oct Nov Dec Jan Feb Mar Mar 25 Apr 1 Apr 8 Apr 15 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 522.9 534.4 539.1 544.2 543.8 563.4 567.0 564.6 557.5 570.5 555.8 550.8 2 Securities in bank credit 166.4 178.3 177.3 189.5 183.9 185.8 188.7 194.1 190.1 206.0 197.8 186.6 3 U.S. government securities 79.8 82.7 81.1 80.3 75.9 77.5 81.7 86.9 84.2 94.2 87.4 78.7 3a Trading account 17.8 17.0 14.3 16.0 13.7 14.3 14.0 17.6 17.1 24.2 17.0 10.0 3b Investment account 62.0 65.7 66.7 64.3 62.2 63.1 67.6 69.3 67.0 69.9 70.3 68.7 4 Other securities 86.6 95.6 96.2 109.1 107.9 108.4 107.1 107.3 106.0 111.8 110.4 107.9 4a Trading account 52.3 55.1 55.6 60.9 60.0 62.6 61.4 59.7 58.6 63.1 59.7 57.6 4b Investment account 34.3 40.5 40.6 48.3 47.9 45.8 45.7 47.5 47.3 48.7 50.6 50.3 5 Loans and leases in bank credit (2) 356.5 356.1 361.9 354.7 359.9 377.6 378.3 370.5 367.4 364.6 358.1 364.1 6 Commercial and industrial 218.5 221.2 222.2 221.2 222.2 224.5 224.3 221.6 218.4 215.2 214.0 216.2 7 Real estate 31.9 28.0 27.8 26.9 26.0 26.5 26.2 24.7 24.0 23.8 23.7 24.0 11 Security (3) 40.3 43.3 46.7 41.6 45.0 55.0 55.0 49.6 49.5 51.2 45.3 48.4 12 Other loans and leases 65.7 63.6 65.2 65.1 66.7 71.6 72.9 74.5 75.5 74.3 75.0 75.6 13 Interbank loans 23.0 18.4 20.5 23.6 31.1 27.8 24.6 20.6 23.7 21.5 16.2 17.6 14 Cash assets (4) 32.1 34.3 34.6 35.7 35.1 32.2 31.4 32.3 33.2 33.4 33.4 33.4 15 Other assets (5) 40.2 42.8 41.3 45.3 42.7 41.6 43.1 42.1 40.3 40.4 40.7 40.3 16 TOTAL ASSETS (6) 617.9 629.7 635.3 648.6 652.5 664.8 665.9 659.4 654.5 665.6 645.9 641.8 L I A B I L I T I E S 17 Deposits 242.4 264.5 267.5 272.3 275.6 269.8 280.9 288.5 290.6 297.3 291.7 281.6 18 Transaction 10.2 11.5 10.5 10.2 10.3 10.0 9.8 10.4 10.2 11.7 10.9 11.3 19 Nontransaction 232.2 253.0 257.0 262.1 265.3 259.9 271.1 278.2 280.4 285.6 280.8 270.3 20 Large time 228.8 250.5 254.9 260.5 264.2 258.9 270.1 277.2 279.5 284.7 279.8 269.3 21 Other 3.4 2.4 2.1 1.6 1.2 1.0 1.0 1.0 1.0 1.0 1.0 1.0 22 Borrowings 134.5 144.6 155.8 156.3 149.5 148.9 144.0 153.3 155.5 170.7 165.0 173.7 23 From banks in the U.S. 33.4 34.9 33.8 29.0 25.9 23.4 22.6 25.8 26.8 35.8 28.1 36.6 24 From others 101.1 109.7 122.0 127.3 123.6 125.4 121.4 127.5 128.7 134.9 136.9 137.1 25 Net due to related foreign offices 146.5 124.1 117.7 117.8 126.5 145.3 136.5 117.9 112.0 97.0 93.6 93.6 26 Other liabilities 93.0 94.0 91.3 97.6 96.5 96.5 98.7 94.2 90.1 94.8 89.7 87.3 27 TOTAL LIABILITIES 616.3 627.2 632.2 644.0 648.2 660.5 660.0 654.0 648.3 659.9 640.0 636.3 28 Residual (assets less liabilities) (7) 1.6 2.5 3.1 4.6 4.4 4.3 5.9 5.5 6.2 5.7 5.9 5.5 MEMO 29 Reval. gains on off-bal. sheet items (8) 42.4 43.3 41.6 42.8 41.4 43.1 40.5 40.0 38.4 42.4 40.4 38.6 30 Reval. losses on off-bal. sheet items (8) 44.1 41.8 40.2 42.0 41.8 42.9 40.6 39.8 38.0 43.1 41.1 37.8 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Footnotes Page 13 April 24, 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: Large domestically chartered commercial banks acquired $100 million in assets and liabilities of thrift institutions in the week ending April 15, 1998. The major asset item affected was real estate loans, other, $100 million. The major liability item affected was nontransaction deposits, $100 million.