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 May 22, 1998 Account 1997 1997 1997 1997 1998 1998 1998 1998 Week ending Apr Oct Nov Dec Jan Feb Mar Apr Apr 22 Apr 29 May 6 May 13 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,889.1 4,025.3 4,067.8 4,088.8 4,145.7 4,176.1 4,218.0 4,204.6 4,187.0 4,205.9 4,234.5 4,234.6 2 Securities in bank credit 1,019.2 1,044.6 1,076.1 1,083.0 1,104.3 1,108.5 1,126.9 1,106.6 1,091.9 1,110.5 1,117.7 1,117.7 3 U.S. government securities 711.8 731.0 742.1 746.5 759.6 767.2 778.9 762.0 750.2 769.3 772.1 764.9 4 Other securities 307.4 313.6 334.0 336.5 344.7 341.4 347.9 344.6 341.7 341.2 345.6 352.7 5 Loans and leases in bank credit (2) 2,869.9 2,980.7 2,991.7 3,005.8 3,041.4 3,067.6 3,091.2 3,098.0 3,095.2 3,095.3 3,116.7 3,117.0 6 Commercial and industrial 806.6 841.2 844.0 851.8 861.8 869.0 869.8 869.3 870.7 871.9 873.9 879.3 7 Real estate 1,170.0 1,217.5 1,225.7 1,229.3 1,233.1 1,246.8 1,259.7 1,266.9 1,263.4 1,269.6 1,271.7 1,266.8 8 Revolving home equity 89.3 96.4 97.2 98.0 98.3 98.5 98.1 98.5 98.6 98.5 98.4 98.3 9 Other 1,080.7 1,121.1 1,128.5 1,131.3 1,134.8 1,148.3 1,161.6 1,168.4 1,164.8 1,171.1 1,173.3 1,168.5 10 Consumer 514.5 507.7 507.2 507.2 504.3 502.9 502.2 496.7 496.9 495.0 497.2 495.0 11 Security (3) 89.7 104.2 99.3 96.8 116.3 118.0 116.8 111.9 112.8 107.0 117.8 125.4 12 Other loans and leases 289.2 310.1 315.5 320.8 325.9 331.0 342.6 353.1 351.3 351.8 356.1 350.6 13 Interbank loans 212.3 200.9 206.1 214.3 204.2 203.3 217.1 212.5 212.1 201.7 199.4 202.3 14 Cash assets (4) 247.0 265.9 277.4 267.3 269.3 269.4 280.9 274.0 281.7 262.3 253.7 254.4 15 Other assets (5) 277.0 289.3 294.5 295.0 295.6 297.9 293.7 307.7 310.1 307.6 309.9 311.4 16 TOTAL ASSETS (6) 4,568.9 4,725.0 4,789.3 4,808.7 4,858.2 4,890.0 4,952.9 4,941.8 4,933.9 4,920.4 4,940.3 4,945.6 L I A B I L I T I E S 17 Deposits 2,947.2 3,065.7 3,105.3 3,111.6 3,114.7 3,151.3 3,190.6 3,202.7 3,197.2 3,171.1 3,194.7 3,193.6 18 Transaction 700.7 685.5 693.0 686.8 678.3 684.8 695.5 693.4 694.6 693.7 673.2 684.5 19 Nontransaction 2,246.5 2,380.2 2,412.3 2,424.8 2,436.4 2,466.5 2,495.0 2,509.4 2,502.6 2,477.4 2,521.4 2,509.1 20 Large time 568.5 620.2 633.5 637.1 644.2 660.4 674.8 671.6 666.1 666.4 673.3 667.5 21 Other 1,678.0 1,760.0 1,778.8 1,787.6 1,792.1 1,806.1 1,820.3 1,837.8 1,836.5 1,811.0 1,848.1 1,841.6 22 Borrowings 763.1 800.8 814.6 819.4 826.4 827.5 858.3 869.3 857.0 862.2 870.4 858.0 23 From banks in the U.S. 316.8 292.7 300.2 304.0 291.0 292.1 307.0 308.0 300.0 289.2 292.1 288.6 24 From others 446.2 508.0 514.4 515.4 535.4 535.4 551.2 561.3 557.0 573.0 578.3 569.4 25 Net due to related foreign offices 210.9 196.4 192.3 202.4 230.9 223.1 201.2 174.1 180.9 184.3 170.9 163.4 26 Other liabilities 272.1 282.1 292.9 293.1 305.5 303.3 295.7 289.4 291.5 285.9 292.1 304.4 27 TOTAL LIABILITIES 4,193.3 4,345.0 4,405.1 4,426.5 4,477.5 4,505.1 4,545.7 4,535.5 4,526.7 4,503.5 4,528.1 4,519.4 28 Residual (assets less liabilities) (7) 375.6 380.0 384.2 382.1 380.7 385.0 407.2 406.4 407.2 416.9 412.3 426.2 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 2 ASSETS AND LIABILITIES OF COMMERCIAL BANKS IN THE UNITED STATES (1) Not seasonally adjusted, billions of dollars May 22, 1998 Account 1997 1997 1997 1997 1998 1998 1998 1998 Week ending Apr Oct Nov Dec Jan Feb Mar Apr Apr 22 Apr 29 May 6 May 13 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,892.9 4,030.2 4,075.5 4,098.4 4,152.9 4,173.5 4,208.4 4,209.2 4,195.6 4,210.6 4,245.3 4,227.4 2 Securities in bank credit 1,029.2 1,042.8 1,075.6 1,078.1 1,104.8 1,112.0 1,128.2 1,117.3 1,102.7 1,118.9 1,132.3 1,122.6 3 U.S. government securities 719.4 729.6 743.6 744.4 756.3 766.1 782.2 770.4 757.7 775.7 780.9 769.3 4 Other securities 309.8 313.3 332.1 333.7 348.5 345.9 346.0 346.8 344.9 343.2 351.4 353.3 5 Loans and leases in bank credit (2) 2,863.7 2,987.3 2,999.9 3,020.3 3,048.2 3,061.6 3,080.2 3,091.9 3,093.0 3,091.7 3,113.0 3,104.8 6 Commercial and industrial 813.3 839.1 842.8 850.0 859.4 868.8 873.4 876.8 880.0 880.2 883.8 884.8 7 Real estate 1,164.3 1,223.6 1,231.9 1,232.8 1,233.2 1,241.5 1,253.1 1,260.4 1,256.3 1,262.5 1,265.2 1,260.5 8 Revolving home equity 88.5 97.1 97.9 98.3 98.5 98.1 97.1 97.6 97.9 98.1 98.0 97.9 9 Other 1,075.7 1,126.5 1,134.0 1,134.5 1,134.6 1,143.4 1,156.1 1,162.8 1,158.4 1,164.4 1,167.1 1,162.6 10 Consumer 509.9 509.6 509.8 513.5 511.1 502.5 495.7 491.8 493.0 491.7 492.2 489.4 11 Security (3) 90.4 104.4 100.1 99.3 116.5 119.4 117.7 113.5 116.3 109.5 119.5 124.4 12 Other loans and leases 285.8 310.7 315.3 324.7 328.0 329.3 340.4 349.3 347.3 347.7 352.4 345.7 13 Interbank loans 214.3 197.0 211.5 223.8 211.2 206.3 216.7 215.3 209.9 196.4 198.7 196.0 14 Cash assets (4) 242.4 270.0 287.5 286.8 280.6 269.5 269.3 269.3 274.2 260.2 248.3 246.5 15 Other assets (5) 275.1 288.6 295.6 295.3 294.1 299.1 293.6 305.7 306.5 307.0 311.5 311.1 16 TOTAL ASSETS (6) 4,568.5 4,729.3 4,813.4 4,847.7 4,882.4 4,891.9 4,931.2 4,942.8 4,929.6 4,917.5 4,946.8 4,924.0 L I A B I L I T I E S 17 Deposits 2,947.6 3,068.6 3,123.4 3,144.0 3,120.8 3,138.5 3,181.4 3,202.1 3,176.7 3,150.7 3,185.7 3,171.8 18 Transaction 705.4 681.8 703.8 721.0 690.3 678.1 683.2 698.5 689.3 690.1 669.6 668.3 19 Nontransaction 2,242.2 2,386.8 2,419.6 2,422.9 2,430.5 2,460.4 2,498.1 2,503.6 2,487.4 2,460.7 2,516.2 2,503.5 20 Large time 564.2 624.0 639.2 641.7 642.5 659.3 672.2 666.0 660.7 663.3 672.5 666.8 21 Other 1,678.0 1,762.9 1,780.4 1,781.3 1,788.0 1,801.1 1,825.9 1,837.6 1,826.7 1,797.4 1,843.7 1,836.7 22 Borrowings 762.1 796.9 812.1 817.4 832.9 828.1 850.2 869.3 869.8 874.1 883.7 864.0 23 From banks in the U.S. 316.0 289.3 300.5 307.8 294.5 293.0 304.6 307.3 304.0 292.6 296.0 289.0 24 From others 446.2 507.6 511.6 509.6 538.4 535.1 545.6 562.0 565.9 581.4 587.7 575.0 25 Net due to related foreign offices 210.0 193.7 188.4 200.3 231.0 221.1 199.5 173.4 182.5 195.5 174.6 173.5 26 Other liabilities 271.3 281.8 294.5 294.0 305.5 304.5 295.9 288.5 290.3 285.5 291.6 304.2 27 TOTAL LIABILITIES 4,191.0 4,341.0 4,418.4 4,455.7 4,490.2 4,492.2 4,527.0 4,533.3 4,519.3 4,505.8 4,535.7 4,513.4 28 Residual (assets less liabilities) (7) 377.4 388.2 395.0 392.0 392.2 399.6 404.2 409.5 410.3 411.7 411.1 410.5 MEMO 29 Reval. gains on off-bal. sheet items (8) 91.2 79.8 84.3 82.7 93.4 87.7 87.4 83.5 82.4 81.7 84.3 84.7 30 Reval. losses on off-bal. sheet items (8) 88.1 81.4 85.6 86.0 95.9 90.1 89.6 84.5 82.5 81.4 82.8 83.2 ------------------------------------------------- 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 May 22, 1998 Account 1997 1997 1997 1997 1998 1998 1998 1998 Week ending Apr Oct Nov Dec Jan Feb Mar Apr Apr 22 Apr 29 May 6 May 13 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,358.9 3,486.8 3,519.3 3,544.8 3,577.0 3,607.5 3,652.2 3,649.9 3,637.7 3,648.0 3,665.9 3,669.8 2 Securities in bank credit 849.2 868.8 883.7 895.8 911.2 915.6 929.6 915.4 908.0 915.7 920.6 927.6 3 U.S. government securities 630.3 650.4 662.8 670.2 678.4 683.4 691.5 674.9 667.4 676.6 679.7 681.4 4 Other securities 218.9 218.4 220.9 225.5 232.8 232.2 238.1 240.6 240.6 239.1 241.0 246.2 5 Loans and leases in bank credit (2) 2,509.7 2,617.9 2,635.6 2,649.0 2,665.8 2,691.9 2,722.6 2,734.5 2,729.7 2,732.3 2,745.2 2,742.3 6 Commercial and industrial 587.3 618.7 622.6 630.5 638.5 646.5 649.5 654.7 655.9 656.0 658.9 664.9 7 Real estate 1,138.4 1,190.0 1,199.1 1,203.4 1,206.5 1,220.8 1,235.0 1,242.9 1,239.3 1,245.4 1,248.1 1,243.5 8 Revolving home equity 89.3 96.4 97.2 98.0 98.3 98.5 98.1 98.5 98.6 98.5 98.4 98.3 9 Other 1,049.1 1,093.7 1,101.9 1,105.4 1,108.2 1,122.4 1,136.9 1,144.4 1,140.8 1,146.9 1,149.7 1,145.2 10 Consumer 514.5 507.7 507.2 507.2 504.3 502.9 502.2 496.7 496.9 495.0 497.2 495.0 11 Security (3) 45.8 57.5 57.6 53.0 61.5 63.2 68.0 63.8 62.8 61.1 61.4 64.4 12 Other loans and leases 223.8 244.0 249.1 254.9 254.9 258.5 267.9 276.4 274.7 274.8 279.6 274.5 13 Interbank loans 193.6 180.4 182.4 183.0 176.2 178.5 196.3 192.3 190.7 177.2 177.5 182.3 14 Cash assets (4) 213.6 231.5 242.5 233.8 236.5 236.7 246.8 238.8 245.9 228.1 219.4 218.8 15 Other assets (5) 237.5 246.5 249.3 252.7 255.0 255.5 250.9 265.3 268.4 267.5 269.0 265.6 16 TOTAL ASSETS (6) 3,947.3 4,089.0 4,137.2 4,157.7 4,188.3 4,221.8 4,289.4 4,289.6 4,285.9 4,264.0 4,274.9 4,279.6 L I A B I L I T I E S 17 Deposits 2,695.4 2,798.0 2,832.4 2,839.1 2,841.2 2,866.4 2,901.7 2,910.9 2,910.2 2,876.5 2,898.8 2,903.7 18 Transaction 690.1 675.0 682.7 677.0 668.2 674.6 684.9 682.3 683.6 683.6 662.8 674.3 19 Nontransaction 2,005.2 2,123.0 2,149.7 2,162.1 2,173.0 2,191.8 2,216.8 2,228.6 2,226.6 2,192.9 2,236.0 2,229.4 20 Large time 329.8 366.1 374.3 377.3 382.7 387.5 398.2 391.8 390.9 382.2 388.2 388.3 21 Other 1,675.5 1,756.9 1,775.4 1,784.8 1,790.3 1,804.3 1,818.6 1,836.8 1,835.7 1,810.6 1,847.7 1,841.1 22 Borrowings 621.0 645.0 658.3 669.9 676.7 682.7 704.3 704.3 696.4 705.5 704.7 690.2 23 From banks in the U.S. 283.7 258.9 271.2 278.1 267.5 269.3 281.1 281.3 279.9 268.6 270.7 264.3 24 From others 337.3 386.0 387.1 391.8 409.2 413.3 423.2 423.0 416.5 436.9 434.0 425.9 25 Net due to related foreign offices 78.2 77.9 75.2 80.8 91.2 88.4 82.6 75.5 78.6 85.0 63.8 60.3 26 Other liabilities 180.4 190.5 196.9 197.5 209.0 205.7 201.5 198.8 199.5 195.6 200.2 207.4 27 TOTAL LIABILITIES 3,575.1 3,711.5 3,762.8 3,787.3 3,818.1 3,843.1 3,890.1 3,889.6 3,884.7 3,862.5 3,867.6 3,861.7 28 Residual (assets less liabilities) (7) 372.2 377.5 374.4 370.4 370.1 378.7 399.3 400.0 401.2 401.4 407.3 417.9 ------------------------------------------------- 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 May 22, 1998 Account 1997 1997 1997 1997 1998 1998 1998 1998 Week ending Apr Oct Nov Dec Jan Feb Mar Apr Apr 22 Apr 29 May 6 May 13 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,363.2 3,491.8 3,532.2 3,555.3 3,587.3 3,605.5 3,642.9 3,654.8 3,646.0 3,652.8 3,673.9 3,661.6 2 Securities in bank credit 858.0 866.3 886.9 894.7 917.0 922.1 932.9 924.6 917.8 922.3 930.3 929.0 3 U.S. government securities 639.0 648.5 663.2 668.5 677.0 683.1 694.0 684.6 677.6 683.6 686.8 685.8 4 Other securities 219.0 217.8 223.7 226.2 240.0 239.0 238.8 240.0 240.2 238.7 243.6 243.2 5 Loans and leases in bank credit (2) 2,505.2 2,625.5 2,645.2 2,660.6 2,670.3 2,683.4 2,710.0 2,730.2 2,728.2 2,730.6 2,743.6 2,732.6 6 Commercial and industrial 594.0 616.9 621.6 627.9 635.3 645.2 652.4 662.2 664.7 664.7 669.0 670.9 7 Real estate 1,133.0 1,195.9 1,205.0 1,206.8 1,206.6 1,215.3 1,228.4 1,236.6 1,232.5 1,238.6 1,241.6 1,237.4 8 Revolving home equity 88.5 97.1 97.9 98.3 98.5 98.1 97.1 97.6 97.9 98.1 98.0 97.9 9 Other 1,044.4 1,098.8 1,107.1 1,108.5 1,108.1 1,117.3 1,131.4 1,139.0 1,134.6 1,140.5 1,143.6 1,139.4 10 Consumer 509.9 509.6 509.8 513.5 511.1 502.5 495.7 491.8 493.0 491.7 492.2 489.4 11 Security (3) 47.0 57.6 58.6 54.3 61.6 64.5 68.2 65.9 66.8 63.6 63.2 64.2 12 Other loans and leases 221.4 245.5 250.3 258.2 255.7 255.9 265.4 273.6 271.3 271.8 277.6 270.8 13 Interbank loans 195.6 176.4 187.7 192.5 183.1 181.5 195.8 195.1 188.5 171.9 176.8 176.1 14 Cash assets (4) 210.5 235.4 251.8 251.7 247.8 237.4 236.3 235.8 240.3 227.4 215.1 211.7 15 Other assets (5) 237.7 246.7 249.8 252.2 253.0 255.1 250.7 265.7 267.5 268.3 270.6 264.5 16 TOTAL ASSETS (6) 3,951.0 4,094.1 4,165.0 4,195.3 4,215.2 4,223.3 4,269.2 4,294.8 4,285.9 4,263.8 4,279.5 4,257.0 L I A B I L I T I E S 17 Deposits 2,697.5 2,801.2 2,851.1 2,868.3 2,849.2 2,855.9 2,891.3 2,912.0 2,891.8 2,855.4 2,888.5 2,880.4 18 Transaction 695.2 671.3 693.6 710.7 680.2 668.2 672.7 687.9 678.9 680.1 659.4 658.5 19 Nontransaction 2,002.3 2,129.8 2,157.5 2,157.6 2,169.0 2,187.8 2,218.6 2,224.1 2,212.8 2,175.3 2,229.1 2,221.9 20 Large time 326.9 369.1 378.8 377.5 382.0 387.9 393.6 387.5 387.1 378.9 386.4 386.2 21 Other 1,675.4 1,760.8 1,778.8 1,780.1 1,787.0 1,799.9 1,825.0 1,836.6 1,825.8 1,796.4 1,842.7 1,835.7 22 Borrowings 620.1 641.1 655.8 667.9 683.1 683.3 696.3 704.3 709.2 717.4 718.0 696.2 23 From banks in the U.S. 282.8 255.5 271.5 281.9 270.9 270.3 278.7 280.6 283.9 272.0 274.6 264.7 24 From others 337.3 385.6 384.3 386.0 412.2 413.0 417.6 423.7 425.3 445.3 443.5 431.5 25 Net due to related foreign offices 78.8 76.0 70.6 73.8 86.5 85.1 81.8 76.3 80.8 90.2 68.7 67.5 26 Other liabilities 180.4 190.5 196.9 197.5 209.0 205.7 201.5 198.8 199.5 195.6 200.2 207.4 27 TOTAL LIABILITIES 3,576.8 3,708.8 3,774.4 3,807.5 3,827.9 3,830.0 3,870.8 3,891.4 3,881.2 3,858.6 3,875.4 3,851.6 28 Residual (assets less liabilities) (7) 374.1 385.3 390.6 387.8 387.3 393.3 398.4 403.4 404.7 405.2 404.1 405.5 MEMO 29 Reval. gains on off-bal. sheet items (8) 49.5 38.2 41.5 41.3 50.1 47.3 47.5 44.2 43.6 42.7 45.5 45.7 30 Reval. losses on off-bal. sheet items (8) 44.6 41.3 43.6 44.2 52.9 49.5 49.8 45.6 44.3 43.4 45.2 45.7 31 Mortgage-backed securities (9) 252.1 265.6 275.1 281.0 289.5 293.8 299.5 293.5 289.0 288.0 294.7 296.8 ------------------------------------------------- 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 May 22, 1998 Account 1997 1997 1997 1997 1998 1998 1998 1998 Week ending Apr Oct Nov Dec Jan Feb Mar Apr Apr 22 Apr 29 May 6 May 13 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 2,021.5 2,077.3 2,092.6 2,106.5 2,135.3 2,160.5 2,200.1 2,193.5 2,181.3 2,190.4 2,204.4 2,208.8 2 Securities in bank credit 451.9 462.7 473.9 482.9 500.9 506.9 518.7 505.9 499.3 506.4 508.9 515.2 3 U.S. government securities 315.8 327.0 337.6 342.9 353.4 360.1 368.4 355.4 349.0 356.9 358.0 359.6 3a Trading account 19.6 25.0 26.7 27.4 29.1 28.0 27.5 23.7 21.7 26.3 23.2 23.4 3b Investment account 296.2 302.1 311.0 315.5 324.3 332.1 340.9 331.7 327.3 330.6 334.9 336.2 4 Other securities 136.1 135.7 136.3 140.1 147.5 146.8 150.3 150.5 150.3 149.5 150.9 155.6 4a Trading account 70.7 63.6 63.6 63.6 69.8 67.8 71.1 69.6 68.6 68.5 69.8 74.9 4b Investment account 65.4 72.1 72.6 76.5 77.7 79.0 79.2 80.9 81.6 80.9 81.1 80.7 4c State and local government 21.1 22.3 22.3 22.1 22.5 22.7 22.8 23.0 23.0 23.1 23.0 22.8 4d Other 44.2 49.8 50.3 54.3 55.2 56.3 56.4 57.9 58.6 57.8 58.1 57.9 5 Loans and leases in bank credit (2) 1,569.6 1,614.6 1,618.7 1,623.6 1,634.5 1,653.6 1,681.4 1,687.6 1,682.0 1,684.0 1,695.5 1,693.6 6 Commercial and industrial 418.0 436.8 438.8 445.7 451.9 458.4 461.2 464.6 465.5 465.0 467.3 472.7 6a Bankers acceptances 1.6 1.3 1.3 1.2 1.2 1.2 1.3 1.2 1.2 1.3 1.3 1.2 6b Other 416.4 435.5 437.6 444.5 450.6 457.1 459.9 463.4 464.3 463.8 466.0 471.5 7 Real estate 641.8 649.9 651.1 650.2 647.6 656.9 668.7 672.2 668.4 672.6 676.1 671.7 8 Revolving home equity 63.1 67.6 67.9 68.5 68.8 68.9 68.7 69.2 69.2 69.1 69.0 68.9 9 Other 578.6 582.2 583.2 581.7 578.8 588.0 600.0 603.0 599.2 603.5 607.1 602.8 10 Consumer 306.8 298.6 296.3 294.9 293.6 292.6 294.1 290.6 289.7 288.2 290.4 289.3 11 Security (3) 41.2 52.4 52.1 47.3 55.9 57.4 61.8 57.4 56.8 55.5 55.4 58.5 11a Fed funds and RPs with broker/dealer 23.8 35.3 35.7 30.9 39.5 41.2 43.7 39.7 38.6 38.1 37.2 39.0 11b Other 17.5 17.1 16.4 16.4 16.4 16.2 18.1 17.8 18.2 17.3 18.2 19.5 12a State and local government 11.3 11.1 11.0 10.9 10.8 10.8 10.6 10.6 10.5 10.6 10.6 10.8 12b Agricultural 9.3 9.3 9.6 9.6 9.5 9.5 9.6 9.7 9.7 9.7 9.8 9.8 12c Fed funds and RPs with others 7.3 8.9 8.9 11.1 7.7 6.1 7.1 7.2 6.8 6.4 7.7 6.0 12d All other loans 64.3 68.6 71.2 72.3 73.2 76.7 81.3 85.1 84.1 84.6 86.6 82.8 12e Lease financing receivables 69.6 78.8 79.7 81.6 84.3 85.3 87.2 90.2 90.5 91.2 91.7 92.2 13 Interbank loans 148.8 124.0 126.6 127.0 119.8 121.2 131.1 125.8 124.3 115.0 113.2 115.0 13a Fed funds and RPs with banks 98.1 77.7 81.9 82.2 76.4 68.9 80.3 74.3 72.1 64.1 62.5 63.4 13b Other 50.7 46.3 44.7 44.8 43.4 52.3 50.9 51.5 52.3 50.8 50.7 51.5 14 Cash assets (4) 148.0 161.0 169.9 162.1 164.5 164.0 173.2 164.2 171.0 154.0 145.6 144.1 15 Other assets (5) 183.4 184.6 184.7 189.7 191.4 190.6 186.5 196.7 199.1 198.3 199.6 197.2 16 TOTAL ASSETS (6) 2,464.1 2,510.2 2,537.1 2,548.6 2,574.4 2,599.4 2,654.0 2,643.2 2,638.8 2,620.8 2,625.8 2,628.2 ------------------------------------------------- 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) May 22, 1998 Account 1997 1997 1997 1997 1998 1998 1998 1998 Week ending Apr Oct Nov Dec Jan Feb Mar Apr Apr 22 Apr 29 May 6 May 13 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- L I A B I L I T I E S 17 Deposits 1,515.1 1,532.4 1,554.8 1,556.1 1,554.6 1,573.7 1,601.4 1,603.4 1,603.2 1,574.5 1,589.2 1,591.0 18 Transaction 397.9 376.2 382.6 378.7 371.1 375.3 382.8 381.2 380.7 380.2 366.9 373.7 19 Nontransaction 1,117.1 1,156.2 1,172.2 1,177.4 1,183.6 1,198.3 1,218.6 1,222.2 1,222.5 1,194.2 1,222.3 1,217.3 20 Large time 177.4 200.9 207.0 209.6 214.3 216.9 227.1 219.8 219.3 210.8 216.4 216.4 21 Other 939.7 955.2 965.2 967.8 969.3 981.4 991.5 1,002.4 1,003.2 983.4 1,005.9 1,000.8 22 Borrowings 473.3 491.4 504.1 512.0 518.5 523.5 542.9 540.9 533.8 540.7 541.8 527.2 23 From banks in the U.S. 207.3 187.9 200.6 205.8 195.2 196.9 208.9 208.3 206.5 194.7 197.7 192.2 24 From others 266.0 303.5 303.5 306.2 323.3 326.6 334.0 332.6 327.3 346.0 344.1 335.0 25 Net due to related foreign offices 73.8 72.8 70.2 76.5 87.0 82.2 78.5 72.1 75.5 81.7 60.5 56.9 26 Other liabilities 155.4 162.7 168.1 168.4 180.2 176.3 171.0 167.8 168.4 164.1 168.8 176.5 27 TOTAL LIABILITIES 2,217.5 2,259.2 2,297.3 2,312.9 2,340.3 2,355.7 2,393.9 2,384.2 2,380.9 2,361.0 2,360.3 2,351.7 28 Residual (assets less liabilities) (7) 246.6 251.0 239.9 235.7 234.0 243.7 260.1 259.1 257.9 259.8 265.5 276.5 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 7 ASSETS AND LIABILITIES OF LARGE DOMESTICALLY CHARTERED COMMERCIAL BANKS IN THE UNITED STATES (1) Not seasonally adjusted, adjusted for mergers, billions of dollars May 22, 1998 Account 1997 1997 1997 1997 1998 1998 1998 1998 Week ending Apr Oct Nov Dec Jan Feb Mar Apr Apr 22 Apr 29 May 6 May 13 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 2,020.0 2,082.3 2,106.0 2,116.4 2,150.9 2,167.0 2,194.6 2,192.6 2,181.3 2,187.1 2,205.0 2,192.4 2 Securities in bank credit 455.0 462.9 480.2 483.8 508.3 515.5 520.6 509.6 502.7 507.1 513.6 511.7 3 U.S. government securities 319.4 327.3 340.8 342.7 353.5 361.9 369.8 360.1 353.3 358.7 360.9 360.0 3a Trading account 19.8 26.1 28.0 27.0 28.2 28.4 28.3 23.8 21.4 24.5 22.4 22.3 3b Investment account 299.5 301.2 312.8 315.7 325.3 333.4 341.5 336.2 331.9 334.2 338.5 337.7 3c Mortgage-backed 190.1 198.4 206.9 211.7 219.7 222.6 227.2 220.8 216.3 216.3 219.8 221.0 3d Other 109.5 102.8 105.9 104.0 105.6 110.9 114.2 115.4 115.6 117.9 118.6 116.7 3e 1 year or less 30.6 26.8 29.4 28.1 27.0 28.9 29.7 30.9 31.2 32.2 32.2 31.2 3f Between 1 and 5 years 60.1 52.8 53.5 53.3 52.2 51.2 51.1 50.6 50.6 50.0 51.5 50.6 3g More than 5 years 18.9 23.3 22.9 22.6 26.4 30.7 33.4 33.9 33.8 35.7 35.0 34.9 4 Other securities 135.7 135.6 139.4 141.1 154.9 153.6 150.8 149.5 149.4 148.4 152.7 151.7 4a Trading account 70.8 63.3 65.9 63.9 76.5 74.5 71.6 69.3 68.9 68.3 72.4 71.7 4b Investment account 64.9 72.3 73.5 77.2 78.4 79.1 79.2 80.2 80.5 80.1 80.4 80.1 4c State and local government 21.1 22.4 22.3 22.2 22.5 22.7 22.7 23.0 23.0 23.1 22.9 22.8 4d Other 43.8 50.0 51.2 55.1 55.9 56.4 56.5 57.3 57.5 57.0 57.5 57.3 5 Loans and leases in bank credit (2) 1,565.0 1,619.4 1,625.8 1,632.7 1,642.6 1,651.6 1,673.9 1,683.1 1,678.6 1,680.0 1,691.4 1,680.6 6 Commercial and industrial 422.4 436.5 439.0 443.6 449.5 457.5 463.1 469.7 471.3 470.9 474.5 476.1 6a Bankers acceptances 1.6 1.4 1.4 1.3 1.2 1.2 1.2 1.2 1.1 1.2 1.2 1.1 6b Other 420.8 435.1 437.6 442.3 448.3 456.3 461.9 468.5 470.2 469.7 473.3 474.9 7 Real estate 636.8 653.5 655.1 652.6 650.7 655.1 664.4 666.3 661.4 665.5 668.7 663.8 8 Revolving home equity 62.3 68.3 68.6 68.8 69.2 68.5 67.7 68.1 68.3 68.5 68.4 68.3 9a Other residential 356.2 360.9 360.9 358.2 357.9 362.1 371.8 372.7 367.4 370.9 374.0 369.2 9b Commercial 218.3 224.4 225.6 225.6 223.6 224.5 224.9 225.4 225.7 226.1 226.4 226.2 10 Consumer 303.1 299.6 297.2 298.8 298.7 292.2 289.5 286.7 286.2 285.2 286.3 284.6 11 Security (3) 42.5 52.5 53.1 48.6 56.0 58.7 61.9 59.5 60.7 58.1 57.2 58.2 11a Fed funds and RPs with broker/dealer 24.9 35.5 36.6 31.3 39.6 42.5 43.9 41.6 41.8 40.0 39.1 39.0 11b Other 17.7 17.0 16.5 17.3 16.4 16.3 18.0 17.9 19.0 18.0 18.1 19.3 12a State and local government 11.2 11.2 11.1 11.0 10.8 10.8 10.6 10.4 10.4 10.4 10.4 10.6 12b Agricultural 9.0 9.5 9.6 9.6 9.4 9.1 9.2 9.3 9.4 9.4 9.5 9.5 12c Fed funds and RPs with others 7.3 8.9 8.9 11.1 7.7 6.1 7.1 7.2 6.8 6.4 7.7 6.0 12d All other loans 63.4 69.1 72.3 75.5 73.8 75.3 80.3 84.0 82.4 83.3 85.8 80.4 12e Lease financing receivables 69.4 78.5 79.7 81.8 86.0 86.7 87.8 90.0 90.0 90.7 91.2 91.4 13 Interbank loans 149.2 120.8 128.6 132.4 125.3 120.2 126.9 126.5 124.8 116.2 113.5 112.4 13a Fed funds and RPs with banks 99.2 74.8 83.6 86.3 80.3 68.1 77.0 75.4 73.1 65.7 63.9 61.9 13b Other 50.0 46.1 45.0 46.1 45.0 52.1 49.9 51.1 51.7 50.5 49.6 50.6 14 Cash assets (4) 145.6 164.8 176.7 176.5 174.7 164.8 164.5 161.8 167.6 153.6 141.3 138.4 15 Other assets (5) 183.4 184.6 184.7 189.7 191.4 190.6 186.5 196.7 199.1 198.3 199.6 197.2 16 TOTAL ASSETS (6) 2,461.0 2,515.9 2,559.2 2,578.3 2,605.8 2,606.0 2,635.5 2,641.0 2,636.2 2,618.5 2,622.5 2,603.6 ------------------------------------------------- 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) May 22, 1998 Account 1997 1997 1997 1997 1998 1998 1998 1998 Week ending Apr Oct Nov Dec Jan Feb Mar Apr Apr 22 Apr 29 May 6 May 13 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- L I A B I L I T I E S 17 Deposits 1,509.0 1,537.5 1,567.0 1,577.5 1,564.0 1,566.1 1,589.4 1,596.1 1,582.7 1,555.3 1,573.4 1,567.0 18 Transaction 399.4 374.2 389.1 401.8 380.7 372.2 373.7 383.1 376.3 378.7 361.4 361.1 19 Nontransaction 1,109.6 1,163.3 1,177.8 1,175.7 1,183.3 1,193.9 1,215.7 1,213.0 1,206.4 1,176.6 1,212.0 1,205.9 20 Large time 174.5 203.9 211.5 209.8 213.6 217.3 222.5 215.5 215.4 207.4 214.5 214.3 21 Other 935.1 959.4 966.3 965.9 969.7 976.6 993.2 997.5 991.0 969.1 997.4 991.5 22 Borrowings 474.2 487.1 502.1 509.3 524.1 526.0 538.1 542.7 545.7 550.3 554.1 531.8 23 From banks in the U.S. 206.9 184.9 201.8 209.4 198.2 198.6 207.6 207.9 209.6 196.5 200.6 191.5 24 From others 267.2 302.2 300.2 299.8 325.8 327.3 330.5 334.8 336.2 353.8 353.4 340.3 25 Net due to related foreign offices 74.4 70.8 65.6 69.5 82.3 79.0 77.7 72.8 77.7 86.9 65.3 64.2 26 Other liabilities 155.4 162.7 168.1 168.4 180.2 176.3 171.0 167.8 168.4 164.1 168.8 176.5 27 TOTAL LIABILITIES 2,212.9 2,258.1 2,302.8 2,324.6 2,350.6 2,347.4 2,376.3 2,379.5 2,374.4 2,356.6 2,361.5 2,339.5 28 Residual (assets less liabilities) (7) 248.1 257.8 256.4 253.7 255.3 258.5 259.2 261.5 261.8 261.9 261.0 264.1 MEMO 29 Reval. gains on off-bal. sheet items (8) 49.5 38.2 41.5 41.3 50.1 47.3 47.5 44.2 43.6 42.7 45.5 45.7 30 Reval. losses on off-bal. sheet items (8) 44.6 41.3 43.6 44.2 52.9 49.5 49.8 45.6 44.3 43.4 45.2 45.7 31 Mortgage-backed securities (9) 209.9 216.6 225.1 229.9 238.4 242.3 247.4 240.9 236.3 235.8 241.3 243.4 31a Pass-through 142.0 149.4 154.2 157.3 162.3 164.7 169.2 164.5 160.8 161.0 163.1 165.2 31b CMO, REMIC, and other 67.9 67.3 70.9 72.6 76.1 77.6 78.2 76.4 75.6 74.8 78.2 78.2 32 Net unrealized gains (losses) on -0.5 2.5 2.4 2.2 3.0 3.3 3.0 3.0 2.9 2.8 2.7 2.6 available-for-sale securities (10) 33 Offshore credit to U.S. residents (11) 33.3 34.2 34.4 34.2 35.5 36.2 35.2 35.5 35.4 35.3 35.6 35.6 ------------------------------------------------- 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 May 22, 1998 Account 1997 1997 1997 1997 1998 1998 1998 1998 Week ending Apr Oct Nov Dec Jan Feb Mar Apr Apr 22 Apr 29 May 6 May 13 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 1,337.4 1,409.5 1,426.7 1,438.2 1,441.6 1,447.1 1,452.0 1,456.5 1,456.4 1,457.7 1,461.5 1,461.0 2 Securities in bank credit 397.3 406.1 409.8 412.8 410.3 408.7 410.8 409.5 408.7 409.3 411.7 412.3 3 U.S. government securities 314.5 323.3 325.2 327.4 325.0 323.3 323.1 319.5 318.3 319.6 321.6 321.8 4 Other securities 82.9 82.7 84.6 85.5 85.2 85.4 87.8 90.0 90.3 89.7 90.1 90.6 5 Loans and leases in bank credit (2) 940.1 1,003.4 1,016.9 1,025.4 1,031.4 1,038.4 1,041.2 1,047.0 1,047.7 1,048.4 1,049.7 1,048.7 6 Commercial and industrial 169.3 181.9 183.8 184.8 186.7 188.1 188.3 190.1 190.4 191.0 191.7 192.1 7 Real estate 496.6 540.1 548.0 553.2 558.9 564.0 566.3 570.7 571.0 572.8 572.0 571.8 8 Revolving home equity 26.1 28.7 29.2 29.6 29.5 29.6 29.5 29.3 29.4 29.4 29.4 29.4 9 Other 470.5 511.4 518.8 523.7 529.4 534.4 536.9 541.3 541.6 543.5 542.6 542.5 10 Consumer 207.6 209.0 210.9 212.3 210.7 210.4 208.1 206.1 207.2 206.8 206.8 205.7 11 Security (3) 4.5 5.2 5.5 5.7 5.6 5.8 6.2 6.3 6.0 5.6 6.0 6.0 12 Other loans and leases 62.1 67.1 68.7 69.4 69.5 70.1 72.2 73.7 73.1 72.2 73.3 73.0 13 Interbank loans 44.7 56.4 55.8 56.0 56.4 57.3 65.1 66.5 66.4 62.2 64.3 67.3 14 Cash assets (4) 65.7 70.6 72.6 71.6 71.9 72.8 73.6 74.6 74.9 74.1 73.9 74.7 15 Other assets (5) 54.1 61.9 64.6 62.9 63.5 64.9 64.4 68.6 69.3 69.2 69.4 68.4 16 TOTAL ASSETS (6) 1,483.2 1,578.8 1,600.1 1,609.1 1,613.9 1,622.4 1,635.5 1,646.3 1,647.1 1,643.2 1,649.1 1,651.4 L I A B I L I T I E S 17 Deposits 1,180.3 1,265.6 1,277.6 1,283.0 1,286.6 1,292.8 1,300.3 1,307.6 1,307.1 1,302.0 1,309.5 1,312.8 18 Transaction 292.2 298.8 300.1 298.3 297.1 299.3 302.1 301.2 303.0 303.4 295.9 300.6 19 Nontransaction 888.1 966.8 977.5 984.7 989.5 993.5 998.2 1,006.4 1,004.1 998.6 1,013.7 1,012.1 20 Large time 152.4 165.2 167.2 167.7 168.4 170.6 171.1 172.0 171.6 171.4 171.8 171.8 21 Other 735.7 801.6 810.3 817.0 821.1 822.9 827.1 834.4 832.5 827.2 841.8 840.3 22 Borrowings 147.8 153.6 154.2 157.9 158.2 159.2 161.4 163.4 162.5 164.7 162.9 162.9 23 From banks in the U.S. 76.4 71.1 70.6 72.4 72.3 72.4 72.2 73.1 73.4 73.9 73.0 72.1 24 From others 71.4 82.5 83.6 85.5 85.9 86.7 89.2 90.4 89.2 90.8 89.9 90.8 25 Net due to related foreign offices 4.4 5.2 5.0 4.3 4.2 6.1 4.1 3.5 3.1 3.3 3.4 3.4 26 Other liabilities 25.0 27.8 28.8 29.1 28.8 29.4 30.5 30.9 31.1 31.5 31.4 30.9 27 TOTAL LIABILITIES 1,357.5 1,452.2 1,465.6 1,474.4 1,477.8 1,487.4 1,496.2 1,505.4 1,503.8 1,501.6 1,507.2 1,510.0 28 Residual (assets less liabilities) (7) 125.6 126.5 134.5 134.7 136.1 135.0 139.2 140.9 143.3 141.6 141.9 141.4 ------------------------------------------------- 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 May 22, 1998 Account 1997 1997 1997 1997 1998 1998 1998 1998 Week ending Apr Oct Nov Dec Jan Feb Mar Apr Apr 22 Apr 29 May 6 May 13 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 1,343.2 1,409.5 1,426.1 1,438.9 1,436.4 1,438.5 1,448.3 1,462.1 1,464.7 1,465.8 1,468.9 1,469.3 2 Securities in bank credit 402.9 403.4 406.7 411.0 408.7 406.6 412.2 415.0 415.2 415.2 416.7 417.3 3 U.S. government securities 319.6 321.2 322.4 325.8 323.6 321.2 324.2 324.5 324.4 324.9 325.9 325.8 4 Other securities 83.3 82.2 84.3 85.1 85.1 85.4 88.0 90.5 90.8 90.3 90.8 91.5 5 Loans and leases in bank credit (2) 940.3 1,006.2 1,019.4 1,027.9 1,027.7 1,031.9 1,036.1 1,047.1 1,049.6 1,050.6 1,052.2 1,052.0 6 Commercial and industrial 171.6 180.4 182.6 184.2 185.9 187.7 189.3 192.5 193.4 193.8 194.5 194.9 7 Real estate 496.2 542.4 549.9 554.1 555.9 560.2 564.0 570.3 571.0 573.2 572.9 573.6 8 Revolving home equity 26.3 28.9 29.3 29.5 29.4 29.5 29.4 29.5 29.6 29.6 29.6 29.6 9 Other 469.9 513.5 520.6 524.6 526.5 530.7 534.7 540.8 541.4 543.5 543.3 544.0 10 Consumer 206.8 209.9 212.6 214.7 212.4 210.2 206.2 205.2 206.8 206.5 205.9 204.7 11 Security (3) 4.5 5.2 5.5 5.7 5.6 5.8 6.2 6.3 6.0 5.6 6.0 6.0 12 Other loans and leases 61.2 68.3 68.8 69.2 68.0 67.9 70.4 72.7 72.3 71.6 72.9 72.9 13 Interbank loans 46.3 55.6 59.2 60.1 57.8 61.3 68.9 68.6 63.7 55.7 63.3 63.6 14 Cash assets (4) 64.9 70.6 75.1 75.2 73.1 72.6 71.9 74.0 72.7 73.8 73.7 73.2 15 Other assets (5) 54.3 62.1 65.1 62.5 61.6 64.6 64.3 69.0 68.4 70.0 71.0 67.2 16 TOTAL ASSETS (6) 1,489.9 1,578.2 1,605.9 1,617.0 1,609.3 1,617.3 1,633.7 1,653.8 1,649.7 1,645.3 1,657.0 1,653.4 L I A B I L I T I E S 17 Deposits 1,188.5 1,263.7 1,284.1 1,290.8 1,285.2 1,289.8 1,301.8 1,315.9 1,309.1 1,300.1 1,315.1 1,313.3 18 Transaction 295.8 297.2 304.4 308.9 299.5 295.9 299.0 304.7 302.7 301.4 298.0 297.3 19 Nontransaction 892.7 966.5 979.7 981.9 985.7 993.8 1,002.8 1,011.1 1,006.4 998.7 1,017.1 1,016.0 20 Large time 152.4 165.2 167.2 167.7 168.4 170.6 171.1 172.0 171.6 171.4 171.8 171.8 21 Other 740.3 801.4 812.4 814.2 817.3 823.2 831.8 839.2 834.8 827.3 845.3 844.2 22 Borrowings 145.9 154.0 153.7 158.6 159.1 157.4 158.2 161.6 163.5 167.1 164.0 164.4 23 From banks in the U.S. 75.9 70.6 69.7 72.5 72.7 71.7 71.1 72.7 74.3 75.5 73.9 73.2 24 From others 70.0 83.4 84.1 86.2 86.4 85.7 87.1 88.9 89.1 91.6 90.0 91.2 25 Net due to related foreign offices 4.4 5.2 5.0 4.3 4.2 6.1 4.1 3.5 3.1 3.3 3.4 3.4 26 Other liabilities 25.0 27.8 28.8 29.1 28.8 29.4 30.5 30.9 31.1 31.5 31.4 30.9 27 TOTAL LIABILITIES 1,363.9 1,450.7 1,471.6 1,482.9 1,477.3 1,482.6 1,494.6 1,511.9 1,506.8 1,502.0 1,513.9 1,512.0 28 Residual (assets less liabilities) (7) 126.0 127.5 134.2 134.1 132.0 134.7 139.2 141.9 142.8 143.3 143.1 141.4 MEMO 29 Mortgage-backed securities (9) 42.2 48.9 50.0 51.1 51.1 51.5 52.1 52.6 52.7 52.3 53.4 53.4 ------------------------------------------------- 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 May 22, 1998 Account 1997 1997 1997 1997 1998 1998 1998 1998 Week ending Apr Oct Nov Dec Jan Feb Mar Apr Apr 22 Apr 29 May 6 May 13 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 530.2 538.6 548.5 544.0 568.7 568.6 565.9 554.6 549.3 557.8 568.6 564.8 2 Securities in bank credit 170.0 175.8 192.3 187.2 193.1 193.0 197.3 191.2 183.9 194.8 197.1 190.1 3 U.S. government securities 81.6 80.6 79.2 76.3 81.2 83.8 87.5 87.2 82.8 92.7 92.4 83.5 4 Other securities 88.4 95.2 113.1 110.9 111.9 109.2 109.8 104.0 101.1 102.1 104.7 106.5 5 Loans and leases in bank credit (2) 360.2 362.8 356.2 356.8 375.6 375.6 368.6 363.4 365.4 363.0 371.5 374.7 6 Commercial and industrial 219.3 222.5 221.4 221.3 223.2 222.5 220.3 214.6 214.8 215.9 215.0 214.4 7 Real estate 31.6 27.5 26.6 25.9 26.5 25.9 24.7 24.0 24.1 24.2 23.6 23.3 11 Security (3) 44.0 46.7 41.7 43.8 54.8 54.8 48.8 48.1 50.0 45.9 56.4 60.9 12 Other loans and leases 65.4 66.1 66.4 65.8 71.0 72.4 74.7 76.7 76.6 77.0 76.5 76.1 13 Interbank loans 18.8 20.5 23.7 31.3 28.0 24.8 20.9 20.2 21.4 24.5 21.9 20.0 14 Cash assets (4) 33.4 34.4 34.9 33.5 32.9 32.6 34.1 35.3 35.8 34.2 34.3 35.6 15 Other assets (5) 39.5 42.8 45.2 42.3 40.6 42.4 42.9 42.4 41.7 40.1 40.9 45.8 16 TOTAL ASSETS (6) 621.7 636.1 652.1 650.9 670.0 668.2 663.5 652.2 648.0 656.4 665.4 666.0 L I A B I L I T I E S 17 Deposits 251.9 267.7 272.8 272.5 273.5 284.8 288.9 291.8 287.0 294.7 295.9 289.9 18 Transaction 10.6 10.4 10.3 9.8 10.2 10.1 10.6 11.0 11.0 10.1 10.4 10.2 19 Nontransaction 241.3 257.2 262.6 262.7 263.3 274.7 278.3 280.7 276.0 284.5 285.4 279.7 20 Large time 238.8 254.1 259.3 259.9 261.5 272.8 276.6 279.8 275.1 284.2 285.1 279.2 21 Other 2.5 3.1 3.3 2.8 1.8 1.8 1.7 0.9 0.8 0.4 0.4 0.5 22 Borrowings 142.0 155.8 156.3 149.5 149.7 144.8 154.0 165.0 160.7 156.7 165.7 167.8 23 From banks in the U.S. 33.1 33.8 29.0 25.9 23.6 22.7 25.9 26.7 20.1 20.6 21.4 24.3 24 From others 108.9 122.0 127.3 123.6 126.2 122.1 128.0 138.3 140.6 136.1 144.3 143.5 25 Net due to related foreign offices 132.6 118.5 117.1 121.7 139.6 134.7 118.5 98.5 102.3 99.4 107.0 103.1 26 Other liabilities 91.7 91.6 96.0 95.5 96.5 97.6 94.2 90.6 92.0 90.2 91.9 97.0 27 TOTAL LIABILITIES 618.3 633.5 642.2 639.2 659.4 661.9 655.6 645.9 642.0 640.9 660.5 657.7 28 Residual (assets less liabilities) (7) 3.4 2.5 9.9 11.7 10.6 6.3 7.9 6.3 6.1 15.5 4.9 8.2 ------------------------------------------------- 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 May 22, 1998 Account 1997 1997 1997 1997 1998 1998 1998 1998 Week ending Apr Oct Nov Dec Jan Feb Mar Apr Apr 22 Apr 29 May 6 May 13 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 529.6 538.4 543.3 543.1 565.6 568.0 565.5 554.4 549.6 557.8 571.4 565.7 2 Securities in bank credit 171.2 176.5 188.7 183.4 187.7 189.9 195.3 192.7 184.8 196.6 202.0 193.6 3 U.S. government securities 80.4 81.1 80.3 75.9 79.2 83.0 88.2 85.8 80.1 92.1 94.2 83.5 3a Trading account 16.6 14.3 16.0 13.7 14.6 14.1 17.6 18.4 18.0 26.9 24.5 14.6 3b Investment account 63.8 66.7 64.3 62.2 64.6 68.9 70.6 67.4 62.1 65.2 69.7 68.9 4 Other securities 90.8 95.4 108.4 107.4 108.5 106.9 107.1 106.8 104.7 104.5 107.8 110.1 4a Trading account 52.6 55.6 60.9 60.0 62.9 61.3 59.7 58.4 57.9 58.3 57.9 59.0 4b Investment account 38.3 39.9 47.5 47.4 45.6 45.6 47.4 48.4 46.8 46.1 49.9 51.1 5 Loans and leases in bank credit (2) 358.4 361.8 354.6 359.7 377.8 378.1 370.2 361.7 364.8 361.2 369.4 372.1 6 Commercial and industrial 219.3 222.2 221.2 222.2 224.1 223.6 221.0 214.6 215.3 215.5 214.8 213.8 7 Real estate 31.3 27.8 26.9 26.0 26.6 26.1 24.7 23.8 23.8 23.9 23.5 23.2 11 Security (3) 43.4 46.7 41.6 45.0 54.9 54.9 49.5 47.6 49.6 45.9 56.3 60.2 12 Other loans and leases 64.4 65.2 65.0 66.5 72.3 73.4 75.0 75.7 76.0 75.8 74.8 74.9 13 Interbank loans 18.8 20.5 23.7 31.3 28.0 24.8 20.9 20.2 21.4 24.5 21.9 20.0 14 Cash assets (4) 31.9 34.6 35.7 35.1 32.8 32.0 33.0 33.6 33.9 32.9 33.3 34.9 15 Other assets (5) 37.4 41.9 45.8 43.1 41.0 43.9 42.9 40.1 39.0 38.7 40.9 46.6 16 TOTAL ASSETS (6) 617.5 635.2 648.3 652.4 667.2 668.6 662.0 648.0 643.7 653.6 667.3 666.9 L I A B I L I T I E S 17 Deposits 250.1 267.5 272.3 275.6 271.6 282.6 290.1 290.1 285.0 295.3 297.3 291.4 18 Transaction 10.2 10.5 10.2 10.3 10.1 9.9 10.5 10.6 10.4 10.0 10.1 9.8 19 Nontransaction 239.9 257.0 262.1 265.3 261.5 272.6 279.6 279.5 274.6 285.3 287.1 281.6 20 Large time 237.3 254.9 260.5 264.2 260.5 271.4 278.6 278.5 273.6 284.4 286.1 280.7 21 Other 2.6 2.1 1.6 1.2 1.0 1.2 1.0 1.0 1.0 1.0 1.0 1.0 22 Borrowings 142.0 155.8 156.3 149.5 149.7 144.8 154.0 165.0 160.7 156.7 165.7 167.8 23 From banks in the U.S. 33.1 33.8 29.0 25.9 23.6 22.7 25.9 26.7 20.1 20.6 21.4 24.3 24 From others 108.9 122.0 127.3 123.6 126.2 122.1 128.0 138.3 140.6 136.1 144.3 143.5 25 Net due to related foreign offices 131.2 117.7 117.8 126.5 144.5 136.0 117.7 97.1 101.7 105.3 106.0 106.0 26 Other liabilities 90.9 91.3 97.6 96.5 96.5 98.8 94.4 89.7 90.8 89.8 91.4 96.7 27 TOTAL LIABILITIES 614.2 632.2 644.0 648.2 662.3 662.2 656.2 641.9 638.1 647.2 660.3 661.9 28 Residual (assets less liabilities) (7) 3.3 2.9 4.4 4.2 4.9 6.4 5.8 6.1 5.6 6.5 7.0 5.0 MEMO 29 Reval. gains on off-bal. sheet items (8) 41.7 41.6 42.8 41.4 43.2 40.4 40.0 39.3 38.9 39.0 38.9 39.0 30 Reval. losses on off-bal. sheet items (8) 43.6 40.2 42.0 41.8 42.9 40.6 39.8 38.9 38.2 38.1 37.6 37.5 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Footnotes Page 13 May 22, 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.