h8.ascii 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 September 25, 1998 Account 1997 1998 1998 1998 1998 1998 1998 1998 Week ending Aug Feb Mar Apr May Jun Jul Aug Aug 26 Sep 2 Sep 9 Sep 16 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,982.6 4,182.5 4,222.7 4,220.3 4,247.1 4,256.7 4,274.2 4,331.5 4,358.0 4,373.9 4,366.2 4,372.9 2 Securities in bank credit 1,033.1 1,108.6 1,126.4 1,106.3 1,121.7 1,115.1 1,123.0 1,147.6 1,161.6 1,163.5 1,161.8 1,159.2 3 U.S. government securities 714.9 768.0 779.7 763.3 770.0 752.8 756.8 766.9 770.9 776.1 763.5 752.2 4 Other securities 318.2 340.6 346.7 343.0 351.7 362.3 366.2 380.8 390.7 387.5 398.3 407.0 5 Loans and leases in bank credit (2) 2,949.5 3,073.9 3,096.3 3,114.0 3,125.4 3,141.6 3,151.2 3,183.9 3,196.4 3,210.3 3,204.4 3,213.8 6 Commercial and industrial 828.4 871.1 872.8 870.9 879.6 889.7 894.7 903.2 906.6 910.4 910.3 917.3 7 Real estate 1,204.8 1,250.2 1,263.1 1,271.3 1,272.6 1,271.9 1,273.9 1,280.6 1,279.4 1,284.5 1,285.1 1,280.8 8 Revolving home equity 94.3 98.0 98.1 98.3 97.9 97.7 97.4 97.3 97.3 97.7 97.6 97.5 9 Other 1,110.5 1,152.2 1,165.0 1,173.0 1,174.7 1,174.2 1,176.5 1,183.3 1,182.1 1,186.8 1,187.5 1,183.3 10 Consumer 518.2 502.3 502.3 505.6 505.7 502.4 496.6 494.2 496.1 494.6 493.2 494.1 11 Security (3) 94.6 118.9 118.3 116.8 121.4 127.9 130.7 138.0 141.8 140.3 137.8 137.8 12 Other loans and leases 303.5 331.4 339.8 349.3 346.1 349.7 355.3 368.0 372.6 380.5 378.0 383.8 13 Interbank loans 191.0 199.5 216.4 212.9 202.0 218.1 214.2 208.9 213.2 211.4 218.2 209.5 14 Cash assets (4) 261.8 269.2 281.0 274.1 255.9 255.9 248.4 256.7 269.3 242.6 268.7 257.4 15 Other assets (5) 290.0 293.6 285.3 298.8 305.0 306.2 304.0 304.6 302.3 312.4 309.2 300.0 16 TOTAL ASSETS (6) 4,668.8 4,888.0 4,948.5 4,948.7 4,952.4 4,979.3 4,983.3 5,044.7 5,085.8 5,083.1 5,105.4 5,083.0 L I A B I L I T I E S 17 Deposits 3,033.4 3,154.4 3,193.9 3,207.2 3,201.1 3,218.4 3,192.3 3,220.8 3,228.1 3,234.2 3,242.0 3,236.4 18 Transaction 699.3 688.2 698.2 696.9 687.9 683.4 667.9 668.6 690.4 650.9 665.9 669.4 19 Nontransaction 2,334.0 2,466.1 2,495.7 2,510.4 2,513.2 2,535.0 2,524.4 2,552.2 2,537.7 2,583.3 2,576.1 2,567.0 20 Large time 604.0 659.3 675.8 673.1 673.5 683.0 664.7 676.2 676.1 684.2 682.9 681.9 21 Other 1,730.0 1,806.8 1,819.9 1,837.2 1,839.7 1,851.9 1,859.7 1,876.0 1,861.6 1,899.2 1,893.2 1,885.1 22 Borrowings 756.5 829.1 860.1 875.6 868.4 867.4 867.3 870.8 876.1 892.7 893.5 877.6 23 From banks in the U.S. 291.7 292.1 306.9 307.1 285.5 294.0 294.9 298.8 301.3 306.2 313.4 303.2 24 From others 464.8 537.0 553.2 568.5 582.9 573.4 572.4 572.1 574.8 586.5 580.1 574.4 25 Net due to related foreign offices 207.3 223.0 201.4 175.5 168.3 164.8 180.5 196.0 210.5 189.9 198.3 198.9 26 Other liabilities 285.2 296.5 285.8 284.5 289.6 299.8 309.6 317.5 318.5 322.1 324.9 319.8 27 TOTAL LIABILITIES 4,282.3 4,502.9 4,541.3 4,542.9 4,527.4 4,550.3 4,549.8 4,605.0 4,633.1 4,639.0 4,658.8 4,632.6 28 Residual (assets less liabilities) (7) 386.5 385.1 407.2 405.8 425.0 429.0 433.6 439.7 452.7 444.1 446.6 450.3 ------------------------------------------------- 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 September 25, 1998 Account 1997 1998 1998 1998 1998 1998 1998 1998 Week ending Aug Feb Mar Apr May Jun Jul Aug Aug 26 Sep 2 Sep 9 Sep 16 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,973.3 4,180.0 4,213.5 4,225.0 4,241.9 4,258.0 4,268.3 4,318.4 4,329.2 4,367.1 4,348.3 4,361.9 2 Securities in bank credit 1,026.7 1,112.1 1,128.0 1,117.2 1,126.3 1,118.0 1,117.4 1,139.4 1,146.8 1,159.0 1,153.5 1,144.8 3 U.S. government securities 711.5 766.9 783.0 771.7 774.5 755.3 753.0 762.0 763.5 772.0 759.9 747.3 4 Other securities 315.2 345.2 345.0 345.6 351.7 362.8 364.4 377.4 383.3 387.0 393.7 397.5 5 Loans and leases in bank credit (2) 2,946.6 3,067.9 3,085.5 3,107.8 3,115.6 3,140.0 3,150.9 3,179.0 3,182.4 3,208.1 3,194.8 3,217.1 6 Commercial and industrial 823.1 871.0 876.3 878.4 885.1 892.4 894.3 897.1 896.8 902.4 900.1 911.9 7 Real estate 1,207.9 1,244.9 1,256.6 1,264.8 1,266.3 1,269.4 1,276.0 1,284.2 1,282.2 1,288.1 1,290.1 1,286.6 8 Revolving home equity 94.4 97.6 97.1 97.4 97.5 97.4 97.4 97.4 97.5 98.0 98.1 98.2 9 Other 1,113.5 1,147.3 1,159.5 1,167.4 1,168.8 1,172.1 1,178.6 1,186.7 1,184.7 1,190.1 1,192.0 1,188.4 10 Consumer 519.9 501.8 495.8 500.6 500.4 499.6 494.6 495.8 499.0 497.9 495.5 497.3 11 Security (3) 91.6 120.4 119.2 118.3 121.0 127.9 128.6 133.5 134.2 136.3 131.4 138.1 12 Other loans and leases 304.1 329.8 337.5 345.6 342.8 350.7 357.4 368.4 370.1 383.3 377.7 383.1 13 Interbank loans 185.2 202.5 215.9 215.7 197.6 214.9 207.8 201.8 197.8 210.0 218.3 204.8 14 Cash assets (4) 249.1 269.3 269.4 269.4 251.4 250.7 243.9 244.2 243.3 252.1 271.7 254.1 15 Other assets (5) 292.1 294.7 285.2 297.1 304.5 304.6 305.3 306.6 302.2 316.9 313.0 300.3 16 TOTAL ASSETS (6) 4,642.6 4,889.9 4,927.2 4,950.1 4,938.0 4,970.7 4,967.9 5,013.7 5,015.2 5,088.4 5,093.9 5,063.7 L I A B I L I T I E S 17 Deposits 3,022.8 3,141.6 3,184.7 3,206.7 3,184.6 3,210.4 3,184.8 3,210.6 3,186.9 3,257.6 3,265.6 3,245.9 18 Transaction 685.6 681.5 685.9 702.0 676.1 678.4 663.1 655.1 650.7 665.7 672.3 668.7 19 Nontransaction 2,337.2 2,460.0 2,498.8 2,504.6 2,508.6 2,532.0 2,521.8 2,555.5 2,536.2 2,591.8 2,593.3 2,577.2 20 Large time 602.9 658.3 673.2 667.6 673.8 680.7 661.4 675.3 677.5 683.9 683.3 682.8 21 Other 1,734.3 1,801.8 1,825.6 1,837.1 1,834.8 1,851.3 1,860.4 1,880.2 1,858.7 1,907.9 1,910.0 1,894.4 22 Borrowings 750.1 829.7 851.9 875.6 873.9 874.7 869.1 862.1 862.3 886.7 877.1 879.6 23 From banks in the U.S. 288.2 293.1 304.4 306.4 286.6 295.9 294.2 294.3 295.0 302.9 305.7 301.7 24 From others 461.9 536.7 547.5 569.2 587.3 578.8 574.9 567.8 567.3 583.8 571.4 577.9 25 Net due to related foreign offices 206.5 221.1 199.7 174.8 178.7 172.2 183.8 197.3 217.7 192.3 195.5 195.5 26 Other liabilities 285.2 297.6 286.1 283.8 289.2 299.0 309.0 317.4 318.7 322.1 324.9 319.2 27 TOTAL LIABILITIES 4,264.7 4,490.1 4,522.4 4,540.9 4,526.3 4,556.4 4,546.7 4,587.4 4,585.6 4,658.7 4,663.2 4,640.1 28 Residual (assets less liabilities) (7) 377.9 399.8 404.8 409.3 411.6 414.3 421.2 426.3 429.7 429.7 430.7 423.6 MEMO 29 Reval. gains on off-bal. sheet items (8) 90.7 87.5 87.3 83.4 85.6 92.6 92.6 95.5 97.5 100.5 107.9 107.7 30 Reval. losses on off-bal. sheet items (8) 92.2 90.0 89.5 84.5 85.2 91.1 91.0 96.9 98.6 100.7 108.1 109.7 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 3 ASSETS AND LIABILITIES OF DOMESTICALLY CHARTERED COMMERCIAL BANKS IN THE UNITED STATES (1) Seasonally adjusted, billions of dollars September 25, 1998 Account 1997 1998 1998 1998 1998 1998 1998 1998 Week ending Aug Feb Mar Apr May Jun Jul Aug Aug 26 Sep 2 Sep 9 Sep 16 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,447.0 3,613.5 3,656.8 3,662.5 3,682.4 3,688.3 3,700.2 3,739.7 3,762.1 3,767.7 3,764.0 3,760.7 2 Securities in bank credit 856.9 915.6 929.6 915.4 927.9 919.3 926.4 940.3 952.6 950.1 953.1 950.1 3 U.S. government securities 633.0 683.9 691.8 675.0 681.6 665.9 667.0 674.3 679.1 683.5 681.0 673.3 4 Other securities 223.9 231.7 237.7 240.4 246.3 253.4 259.4 265.9 273.5 266.6 272.0 276.8 5 Loans and leases in bank credit (2) 2,590.2 2,698.0 2,727.2 2,747.1 2,754.6 2,769.0 2,773.9 2,799.4 2,809.5 2,817.6 2,810.9 2,810.7 6 Commercial and industrial 606.3 648.6 652.6 656.7 666.0 674.3 676.3 683.8 686.8 686.9 688.8 691.1 7 Real estate 1,176.2 1,224.3 1,238.5 1,247.6 1,249.5 1,249.0 1,251.3 1,258.1 1,257.1 1,262.2 1,262.7 1,258.4 8 Revolving home equity 94.3 98.0 98.1 98.3 97.9 97.7 97.4 97.3 97.3 97.7 97.6 97.5 9 Other 1,081.9 1,126.3 1,140.3 1,149.3 1,151.6 1,151.3 1,153.9 1,160.8 1,159.8 1,164.5 1,165.1 1,160.9 10 Consumer 518.2 502.3 502.3 505.6 505.7 502.4 496.6 494.2 496.1 494.6 493.2 494.1 11 Security (3) 51.2 62.9 67.8 63.5 61.8 67.6 69.4 73.1 76.7 75.0 69.6 68.4 12 Other loans and leases 238.3 259.9 266.1 273.7 271.6 275.7 280.4 290.3 292.9 298.9 296.6 298.6 13 Interbank loans 172.6 175.0 195.9 192.5 181.7 195.3 193.0 187.4 187.7 188.2 188.1 185.7 14 Cash assets (4) 227.8 236.5 246.9 238.7 221.3 220.7 213.6 223.1 236.2 209.2 235.1 222.9 15 Other assets (5) 246.4 252.1 248.0 261.5 269.5 270.5 268.6 267.6 265.0 273.2 270.6 260.9 16 TOTAL ASSETS (6) 4,037.5 4,220.7 4,290.9 4,298.1 4,297.6 4,317.6 4,318.3 4,361.0 4,394.3 4,381.3 4,401.1 4,373.6 L I A B I L I T I E S 17 Deposits 2,771.1 2,869.9 2,905.6 2,915.4 2,907.3 2,917.0 2,897.0 2,916.8 2,922.2 2,923.1 2,927.5 2,922.0 18 Transaction 688.2 678.1 687.7 685.8 677.4 672.9 655.1 657.4 679.5 637.7 651.3 654.9 19 Nontransaction 2,082.9 2,191.8 2,218.0 2,229.6 2,230.0 2,244.1 2,241.9 2,259.4 2,242.7 2,285.4 2,276.2 2,267.1 20 Large time 353.7 386.7 399.8 393.3 390.2 391.5 382.9 382.3 379.6 384.2 380.5 379.9 21 Other 1,729.2 1,805.1 1,818.2 1,836.3 1,839.7 1,852.6 1,859.0 1,877.1 1,863.1 1,901.1 1,895.6 1,887.2 22 Borrowings 613.5 684.3 706.2 706.7 700.3 694.1 691.2 694.7 708.1 707.4 710.9 692.5 23 From banks in the U.S. 260.0 269.5 281.1 280.6 261.8 262.1 266.3 273.1 278.6 274.0 283.3 273.3 24 From others 353.5 414.9 425.1 426.1 438.5 432.0 425.0 421.6 429.5 433.3 427.6 419.2 25 Net due to related foreign offices 75.4 88.3 82.9 77.2 71.4 71.9 78.0 91.9 100.3 88.4 101.5 103.2 26 Other liabilities 185.5 199.4 196.7 199.2 201.9 208.9 215.9 217.9 221.4 222.7 223.3 215.4 27 TOTAL LIABILITIES 3,645.4 3,842.0 3,891.4 3,898.5 3,880.9 3,892.0 3,882.1 3,921.4 3,952.0 3,941.6 3,963.2 3,933.1 28 Residual (assets less liabilities) (7) 392.1 378.8 399.5 399.6 416.7 425.6 436.2 439.6 442.2 439.8 437.9 440.5 ------------------------------------------------- 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 September 25, 1998 Account 1997 1998 1998 1998 1998 1998 1998 1998 Week ending Aug Feb Mar Apr May Jun Jul Aug Aug 26 Sep 2 Sep 9 Sep 16 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,435.4 3,611.5 3,647.5 3,667.3 3,675.7 3,686.7 3,691.4 3,724.0 3,733.9 3,761.1 3,752.9 3,756.6 2 Securities in bank credit 846.5 922.0 932.9 924.5 928.6 919.1 918.1 927.7 934.9 943.0 946.6 940.1 3 U.S. government securities 628.7 683.6 694.4 684.7 685.6 668.3 663.5 668.7 671.3 678.5 677.4 668.1 4 Other securities 217.9 238.4 238.5 239.8 243.1 250.8 254.6 259.0 263.6 264.6 269.3 272.0 5 Loans and leases in bank credit (2) 2,588.8 2,689.4 2,714.7 2,742.7 2,747.1 2,767.6 2,773.4 2,796.3 2,799.0 2,818.0 2,806.3 2,816.5 6 Commercial and industrial 602.0 647.4 655.5 664.2 672.1 677.1 676.2 678.9 679.0 681.2 681.2 687.5 7 Real estate 1,179.4 1,218.8 1,231.9 1,241.3 1,243.3 1,246.7 1,253.6 1,261.8 1,260.0 1,265.9 1,267.8 1,264.3 8 Revolving home equity 94.4 97.6 97.1 97.4 97.5 97.4 97.4 97.4 97.5 98.0 98.1 98.2 9 Other 1,085.0 1,121.2 1,134.8 1,143.9 1,145.8 1,149.3 1,156.2 1,164.4 1,162.5 1,167.8 1,169.7 1,166.1 10 Consumer 519.9 501.8 495.8 500.6 500.4 499.6 494.6 495.8 499.0 497.9 495.5 497.3 11 Security (3) 48.9 64.2 67.9 65.6 61.8 67.7 67.8 69.4 70.5 71.7 65.0 68.7 12 Other loans and leases 238.7 257.2 263.6 271.0 269.4 276.4 281.2 290.3 290.5 301.3 296.8 298.7 13 Interbank loans 166.8 178.0 195.4 195.3 177.2 192.0 186.7 180.3 172.3 186.8 188.2 180.9 14 Cash assets (4) 215.0 237.2 236.4 235.7 217.2 214.6 209.2 210.6 210.2 218.7 238.4 220.3 15 Other assets (5) 247.5 251.8 247.9 261.8 268.6 269.7 270.3 268.7 264.0 276.5 273.4 261.4 16 TOTAL ASSETS (6) 4,007.9 4,222.2 4,270.7 4,303.2 4,281.6 4,305.8 4,300.5 4,326.5 4,323.4 4,385.6 4,395.9 4,362.1 L I A B I L I T I E S 17 Deposits 2,761.7 2,859.4 2,895.2 2,916.5 2,888.1 2,907.3 2,891.2 2,907.9 2,880.3 2,947.3 2,952.2 2,931.9 18 Transaction 674.5 671.6 675.4 691.3 665.8 667.9 650.1 644.0 639.9 652.4 657.6 653.8 19 Nontransaction 2,087.2 2,187.7 2,219.8 2,225.1 2,222.3 2,239.4 2,241.2 2,263.9 2,240.3 2,294.9 2,294.6 2,278.2 20 Large time 355.4 387.0 395.2 389.0 388.5 389.1 381.7 384.7 382.7 388.0 385.6 384.7 21 Other 1,731.8 1,800.7 1,824.6 1,836.1 1,833.8 1,850.3 1,859.4 1,879.2 1,857.7 1,906.9 1,909.0 1,893.4 22 Borrowings 607.2 684.9 698.0 706.7 705.7 701.4 693.1 685.9 694.3 701.4 694.5 694.4 23 From banks in the U.S. 256.6 270.4 278.6 279.9 262.9 264.0 265.6 268.6 272.3 270.7 275.6 271.7 24 From others 350.6 414.5 419.4 426.7 442.8 437.4 427.4 417.3 421.9 430.6 418.9 422.8 25 Net due to related foreign offices 77.9 85.1 82.1 78.0 80.9 80.1 84.9 96.7 106.6 92.8 104.3 104.3 26 Other liabilities 185.5 199.4 196.7 199.2 201.9 208.9 215.9 217.9 221.4 222.7 223.3 215.4 27 TOTAL LIABILITIES 3,632.2 3,828.9 3,872.0 3,900.3 3,876.6 3,897.8 3,885.1 3,908.4 3,902.5 3,964.2 3,974.3 3,946.1 28 Residual (assets less liabilities) (7) 375.7 393.3 398.7 403.0 405.0 408.0 415.4 418.0 421.0 421.4 421.5 416.0 MEMO 29 Reval. gains on off-bal. sheet items (8) 45.1 47.0 47.2 43.9 45.6 50.5 51.0 51.9 54.2 55.8 61.1 60.3 30 Reval. losses on off-bal. sheet items (8) 46.5 49.2 49.6 45.3 46.3 50.1 50.4 54.2 55.8 58.3 63.3 64.3 31 Mortgage-backed securities (9) 256.3 293.8 299.4 293.5 294.9 286.9 289.7 297.2 298.7 306.4 306.2 303.4 ------------------------------------------------- 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 September 25, 1998 Account 1997 1998 1998 1998 1998 1998 1998 1998 Week ending Aug Feb Mar Apr May Jun Jul Aug Aug 26 Sep 2 Sep 9 Sep 16 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 2,071.1 2,181.4 2,218.9 2,218.9 2,231.0 2,228.2 2,227.6 2,258.2 2,278.9 2,279.9 2,280.5 2,281.1 2 Securities in bank credit 458.6 509.9 521.7 508.8 517.7 509.8 511.6 522.4 535.0 531.8 536.0 533.9 3 U.S. government securities 317.1 363.6 371.8 358.5 361.9 348.4 347.1 353.5 358.9 362.6 361.4 354.5 3a Trading account 21.3 28.0 27.5 23.7 24.5 24.6 21.7 23.0 25.7 24.0 23.4 20.5 3b Investment account 295.8 335.7 344.3 334.8 337.5 323.8 325.3 330.5 333.2 338.6 338.0 334.0 4 Other securities 141.5 146.3 149.9 150.3 155.7 161.4 164.6 168.9 176.0 169.2 174.6 179.4 4a Trading account 70.2 67.5 70.9 69.4 74.4 78.2 79.6 81.1 87.0 79.4 85.0 89.1 4b Investment account 71.3 78.7 79.0 80.9 81.4 83.2 85.0 87.7 89.0 89.8 89.6 90.3 4c State and local government 22.2 22.7 22.8 23.0 22.8 22.2 22.4 22.6 22.6 23.0 23.2 23.1 4d Other 49.0 56.0 56.2 58.0 58.6 60.9 62.6 65.1 66.4 66.8 66.4 67.2 5 Loans and leases in bank credit (2) 1,612.5 1,671.5 1,697.2 1,710.1 1,713.4 1,718.4 1,716.0 1,735.8 1,744.0 1,748.1 1,744.5 1,747.2 6 Commercial and industrial 430.5 463.5 467.4 470.3 477.4 484.1 484.7 489.0 491.2 490.4 492.1 494.9 6a Bankers acceptances 1.5 1.3 1.3 1.2 1.3 1.2 1.3 1.3 1.3 1.3 1.3 1.3 6b Other 429.0 462.2 466.2 469.1 476.2 482.8 483.4 487.8 489.9 489.1 490.8 493.6 7 Real estate 654.3 665.6 677.1 681.4 681.0 674.1 670.4 672.7 670.4 673.5 674.7 672.2 8 Revolving home equity 66.3 68.7 68.9 69.2 68.6 68.1 67.6 67.5 67.5 67.9 68.0 68.0 9 Other 587.9 596.9 608.2 612.1 612.4 606.0 602.7 605.2 602.9 605.7 606.7 604.2 10 Consumer 307.3 294.4 295.9 300.0 299.6 296.3 290.8 291.6 293.2 292.5 293.3 294.0 11 Security (3) 46.7 57.2 61.6 57.3 55.9 61.5 63.3 66.9 70.7 68.4 63.0 62.1 11a Fed funds and RPs with broker/dealer 30.3 41.2 43.8 39.7 37.6 42.9 44.8 47.9 51.4 49.9 43.6 43.5 11b Other 16.4 16.0 17.9 17.5 18.3 18.6 18.6 19.0 19.3 18.6 19.4 18.6 12a State and local government 12.0 11.3 11.1 11.1 11.2 11.1 11.0 11.1 11.1 11.1 11.2 11.3 12b Agricultural 9.3 9.6 9.7 9.8 9.8 9.7 9.7 9.7 9.7 9.6 9.7 9.7 12c Fed funds and RPs with others 6.4 6.1 7.1 7.2 5.6 5.6 8.7 9.7 10.8 10.9 11.2 11.9 12d All other loans 69.2 78.3 79.8 82.7 80.2 82.4 82.4 87.5 89.0 92.8 90.5 92.3 12e Lease financing receivables 76.8 85.4 87.4 90.5 92.7 93.6 95.0 97.6 97.9 98.7 98.8 98.9 13 Interbank loans 120.6 118.4 131.5 126.9 115.5 125.9 122.1 114.4 113.1 112.4 116.2 111.7 13a Fed funds and RPs with banks 75.8 69.6 81.2 75.2 64.4 73.3 67.1 60.0 58.8 58.2 61.5 55.8 13b Other 44.8 48.8 50.3 51.7 51.1 52.7 55.0 54.4 54.3 54.2 54.7 55.8 14 Cash assets (4) 158.4 165.3 174.8 165.7 148.2 146.9 141.3 148.7 158.9 138.8 159.5 144.6 15 Other assets (5) 182.4 189.0 186.4 197.2 202.7 200.4 197.9 197.3 194.4 203.3 198.5 194.1 16 TOTAL ASSETS (6) 2,495.4 2,617.1 2,674.3 2,671.3 2,659.9 2,664.0 2,651.7 2,681.9 2,708.7 2,697.5 2,718.0 2,695.0 ------------------------------------------------- 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) September 25, 1998 Account 1997 1998 1998 1998 1998 1998 1998 1998 Week ending Aug Feb Mar Apr May Jun Jul Aug Aug 26 Sep 2 Sep 9 Sep 16 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- L I A B I L I T I E S 17 Deposits 1,535.0 1,590.2 1,618.6 1,621.1 1,605.3 1,602.0 1,578.3 1,585.8 1,585.1 1,589.2 1,592.8 1,586.1 18 Transaction 391.6 383.2 389.9 389.2 381.2 375.0 360.2 361.9 374.6 350.4 361.8 360.5 19 Nontransaction 1,143.3 1,207.0 1,228.7 1,231.9 1,224.1 1,226.9 1,218.1 1,223.9 1,210.5 1,238.8 1,231.0 1,225.6 20 Large time 194.4 215.8 228.5 220.6 215.9 217.3 211.1 209.8 206.3 211.1 205.8 205.6 21 Other 948.9 991.2 1,000.2 1,011.3 1,008.2 1,009.6 1,007.0 1,014.0 1,004.2 1,027.7 1,025.2 1,020.0 22 Borrowings 461.3 526.9 546.3 544.2 536.2 529.1 523.2 527.5 541.9 539.7 542.0 524.0 23 From banks in the U.S. 184.3 197.7 209.6 208.8 189.2 188.3 189.2 195.9 201.7 197.2 204.3 195.4 24 From others 277.0 329.2 336.7 335.4 347.0 340.9 334.0 331.6 340.2 342.5 337.7 328.6 25 Net due to related foreign offices 70.8 82.2 78.8 73.7 67.6 68.1 74.4 88.2 96.3 84.7 97.9 99.6 26 Other liabilities 158.7 170.8 166.9 169.0 171.3 178.3 184.4 186.7 190.0 191.1 191.8 185.7 27 TOTAL LIABILITIES 2,225.8 2,370.0 2,410.6 2,408.1 2,380.4 2,377.4 2,360.3 2,388.2 2,413.2 2,404.7 2,424.6 2,395.4 28 Residual (assets less liabilities) (7) 269.6 247.1 263.7 263.3 279.5 286.6 291.4 293.7 295.5 292.8 293.4 299.6 ------------------------------------------------- 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 September 25, 1998 Account 1997 1998 1998 1998 1998 1998 1998 1998 Week ending Aug Feb Mar Apr May Jun Jul Aug Aug 26 Sep 2 Sep 9 Sep 16 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 2,059.9 2,187.9 2,213.3 2,218.0 2,217.3 2,221.7 2,220.7 2,242.9 2,249.8 2,273.3 2,269.5 2,273.9 2 Securities in bank credit 449.3 518.5 523.6 512.4 514.3 506.5 504.6 510.9 517.4 525.9 530.6 524.1 3 U.S. government securities 313.6 365.4 373.2 363.2 362.7 348.1 344.8 348.7 351.1 358.4 358.3 349.4 3a Trading account 21.3 28.4 28.3 23.9 23.7 23.7 21.1 22.8 23.9 23.9 24.3 20.8 3b Investment account 292.4 337.0 344.9 339.3 339.0 324.4 323.7 325.9 327.2 334.5 334.1 328.6 3c Mortgage-backed 191.8 223.9 228.5 222.1 221.8 213.4 214.7 221.4 222.7 230.0 229.8 227.4 3d Other 100.5 113.0 116.3 117.2 117.1 111.0 108.9 104.5 104.5 104.5 104.3 101.2 3e 1 year or less 27.7 29.6 30.3 31.5 30.0 30.1 29.0 27.6 27.3 27.1 27.1 26.2 3f Between 1 and 5 years 50.9 52.1 52.0 51.4 49.9 46.8 49.6 46.6 46.6 46.8 44.3 42.9 3g More than 5 years 21.9 31.4 34.0 34.3 37.2 34.2 30.4 30.3 30.6 30.6 32.8 32.1 4 Other securities 135.7 153.1 150.4 149.3 151.6 158.4 159.8 162.2 166.3 167.5 172.3 174.8 4a Trading account 64.8 74.2 71.4 69.0 70.9 75.4 75.5 74.9 78.1 77.9 83.0 84.7 4b Investment account 70.9 78.8 79.0 80.3 80.7 82.9 84.3 87.2 88.3 89.6 89.2 90.0 4c State and local government 22.2 22.7 22.7 22.9 22.7 22.4 22.3 22.7 22.7 23.1 23.2 23.2 4d Other 48.7 56.1 56.3 57.3 58.0 60.6 62.1 64.6 65.6 66.5 66.0 66.9 5 Loans and leases in bank credit (2) 1,610.6 1,669.5 1,689.7 1,705.6 1,703.0 1,715.3 1,716.1 1,732.1 1,732.4 1,747.4 1,738.9 1,749.7 6 Commercial and industrial 427.6 462.6 469.3 475.4 481.0 485.1 484.7 485.7 485.3 486.4 486.6 492.5 6a Bankers acceptances 1.5 1.2 1.2 1.2 1.2 1.2 1.2 1.3 1.3 1.3 1.3 1.3 6b Other 426.1 461.4 468.1 474.2 479.8 483.9 483.5 484.4 483.9 485.2 485.2 491.2 7 Real estate 657.1 663.9 672.9 675.4 673.2 671.2 672.7 676.0 672.5 676.8 678.9 676.3 8 Revolving home equity 66.6 68.3 68.0 68.2 68.1 67.9 67.8 67.8 67.8 68.3 68.4 68.5 9a Other residential 364.7 365.9 375.3 376.4 373.9 373.4 374.6 377.1 373.3 377.0 379.2 375.4 9b Commercial 225.8 229.6 229.6 230.8 231.2 229.9 230.2 231.1 231.4 231.5 231.4 232.4 10 Consumer 308.9 294.1 291.3 296.0 295.6 295.1 290.6 293.2 295.5 295.2 295.1 296.2 11 Security (3) 44.4 58.5 61.8 59.4 55.9 61.6 61.8 63.2 64.5 65.1 58.4 62.4 11a Fed funds and RPs with broker/dealer 28.6 42.4 43.9 41.6 37.5 42.6 43.7 44.9 45.6 46.8 40.4 43.8 11b Other 15.8 16.1 17.8 17.7 18.4 19.0 18.1 18.3 18.9 18.3 18.0 18.6 12a State and local government 12.1 11.3 11.1 11.0 11.1 11.1 11.0 11.2 11.2 11.2 11.2 11.3 12b Agricultural 9.6 9.2 9.3 9.4 9.6 9.8 10.0 10.0 10.1 10.0 10.0 10.0 12c Fed funds and RPs with others 6.4 6.1 7.1 7.2 5.6 5.6 8.7 9.7 10.8 10.9 11.2 11.9 12d All other loans 68.7 76.9 78.9 81.6 79.0 82.6 82.1 86.8 86.1 94.2 89.9 91.3 12e Lease financing receivables 75.9 86.8 88.0 90.2 92.0 93.2 94.5 96.4 96.5 97.5 97.6 97.7 13 Interbank loans 117.9 117.4 127.2 127.6 114.9 126.4 121.1 111.8 107.7 113.0 114.0 111.1 13a Fed funds and RPs with banks 73.7 68.8 77.9 76.4 64.0 73.6 66.4 58.2 54.0 58.9 59.5 56.4 13b Other 44.2 48.6 49.4 51.2 50.9 52.8 54.7 53.7 53.7 54.1 54.5 54.7 14 Cash assets (4) 147.9 166.1 166.1 163.3 144.2 141.8 137.7 138.6 139.1 144.1 160.5 143.4 15 Other assets (5) 182.4 189.0 186.4 197.2 202.7 200.4 197.9 197.3 194.4 203.3 198.5 194.1 16 TOTAL ASSETS (6) 2,470.6 2,623.6 2,655.9 2,669.1 2,641.6 2,652.8 2,640.1 2,653.6 2,654.0 2,696.4 2,705.3 2,685.4 ------------------------------------------------- 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) September 25, 1998 Account 1997 1998 1998 1998 1998 1998 1998 1998 Week ending Aug Feb Mar Apr May Jun Jul Aug Aug 26 Sep 2 Sep 9 Sep 16 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- L I A B I L I T I E S 17 Deposits 1,531.8 1,582.7 1,606.5 1,613.9 1,585.6 1,595.6 1,578.2 1,583.4 1,560.7 1,609.4 1,609.6 1,598.4 18 Transaction 382.3 380.0 380.7 391.2 371.7 371.6 358.0 352.7 347.9 359.6 362.2 360.6 19 Nontransaction 1,149.5 1,202.6 1,225.9 1,222.7 1,213.8 1,224.0 1,220.2 1,230.6 1,212.8 1,249.8 1,247.4 1,237.7 20 Large time 196.1 216.2 223.9 216.4 214.2 214.9 210.0 212.2 209.4 214.8 210.9 210.4 21 Other 953.4 986.5 1,002.0 1,006.3 999.7 1,009.1 1,010.2 1,018.4 1,003.4 1,034.9 1,036.5 1,027.3 22 Borrowings 453.9 529.3 541.4 546.0 541.2 536.0 525.0 517.4 525.8 532.2 527.3 524.2 23 From banks in the U.S. 180.2 199.4 208.3 208.4 189.5 189.7 188.4 190.6 194.2 193.2 197.6 193.4 24 From others 273.7 329.9 333.1 337.6 351.7 346.3 336.6 326.8 331.6 339.0 329.7 330.8 25 Net due to related foreign offices 73.3 79.0 78.0 74.5 77.1 76.2 81.2 92.9 102.5 89.1 100.7 100.7 26 Other liabilities 158.7 170.8 166.9 169.0 171.3 178.3 184.4 186.7 190.0 191.1 191.8 185.7 27 TOTAL LIABILITIES 2,217.8 2,361.7 2,392.9 2,403.4 2,375.2 2,386.1 2,368.9 2,380.5 2,379.0 2,421.8 2,429.4 2,408.9 28 Residual (assets less liabilities) (7) 252.8 261.9 263.0 265.7 266.4 266.7 271.2 273.1 275.0 274.6 276.0 276.5 MEMO 29 Reval. gains on off-bal. sheet items (8) 45.1 47.0 47.2 43.9 45.6 50.5 51.0 51.9 54.2 55.8 61.1 60.3 30 Reval. losses on off-bal. sheet items (8) 46.5 49.2 49.6 45.3 46.3 50.1 50.4 54.2 55.8 58.3 63.3 64.3 31 Mortgage-backed securities (9) 210.0 243.3 248.4 241.8 242.6 234.6 237.1 243.8 245.3 252.6 252.3 249.5 31a Pass-through 143.4 165.3 169.9 165.3 164.7 156.8 156.9 160.2 163.2 163.6 163.2 161.1 31b CMO, REMIC, and other 66.6 78.0 78.6 76.5 77.9 77.8 80.2 83.6 82.1 89.0 89.1 88.5 32 Net unrealized gains (losses) on 2.2 3.3 2.9 3.0 2.8 3.2 3.5 3.1 3.2 3.6 3.5 3.4 available-for-sale securities (10) 33 Offshore credit to U.S. residents (11) 34.0 36.2 35.2 35.5 36.0 36.1 35.3 35.6 35.5 35.9 36.7 36.7 ------------------------------------------------- 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 September 25, 1998 Account 1997 1998 1998 1998 1998 1998 1998 1998 Week ending Aug Feb Mar Apr May Jun Jul Aug Aug 26 Sep 2 Sep 9 Sep 16 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 1,376.0 1,432.1 1,437.9 1,443.5 1,451.4 1,460.2 1,472.6 1,481.5 1,483.2 1,487.8 1,483.5 1,479.6 2 Securities in bank credit 398.3 405.7 407.9 406.6 410.2 409.5 414.7 417.9 417.6 418.3 417.1 416.2 3 U.S. government securities 315.9 320.3 320.0 316.5 319.6 317.5 319.9 320.8 320.1 320.9 319.6 318.8 4 Other securities 82.3 85.4 87.8 90.0 90.6 92.0 94.8 97.1 97.5 97.4 97.5 97.3 5 Loans and leases in bank credit (2) 977.7 1,026.4 1,030.1 1,037.0 1,041.2 1,050.7 1,057.9 1,063.6 1,065.5 1,069.5 1,066.4 1,063.5 6 Commercial and industrial 175.8 185.1 185.2 186.4 188.6 190.3 191.7 194.8 195.6 196.5 196.6 196.3 7 Real estate 521.9 558.7 561.3 566.2 568.5 574.9 580.9 585.4 586.7 588.6 588.0 586.2 8 Revolving home equity 28.0 29.3 29.2 29.1 29.2 29.6 29.8 29.8 29.8 29.8 29.6 29.6 9 Other 493.9 529.3 532.1 537.2 539.2 545.3 551.1 555.6 556.8 558.8 558.3 556.7 10 Consumer 210.9 207.9 206.4 205.6 206.1 206.1 205.8 202.5 202.9 202.1 199.9 200.1 11 Security (3) 4.5 5.7 6.2 6.3 5.9 6.1 6.0 6.2 6.0 6.6 6.6 6.3 12 Other loans and leases 64.5 69.1 71.0 72.5 72.2 73.3 73.6 74.7 74.4 75.7 75.3 74.6 13 Interbank loans 52.0 56.6 64.4 65.6 66.2 69.4 70.9 73.0 74.5 75.8 71.9 74.0 14 Cash assets (4) 69.4 71.3 72.1 73.0 73.1 73.8 72.2 74.5 77.4 70.4 75.6 78.3 15 Other assets (5) 64.1 63.2 61.7 64.2 66.8 70.1 70.7 70.2 70.6 69.9 72.1 66.7 16 TOTAL ASSETS (6) 1,542.1 1,603.7 1,616.6 1,626.7 1,637.7 1,653.6 1,666.6 1,679.1 1,685.6 1,683.8 1,683.1 1,678.6 L I A B I L I T I E S 17 Deposits 1,236.1 1,279.7 1,287.1 1,294.3 1,302.0 1,315.1 1,318.7 1,331.1 1,337.2 1,333.9 1,334.7 1,335.9 18 Transaction 296.6 295.0 297.8 296.6 296.2 297.9 294.9 295.5 304.9 287.4 289.5 294.3 19 Nontransaction 939.5 984.7 989.3 997.7 1,005.9 1,017.2 1,023.8 1,035.6 1,032.2 1,046.6 1,045.2 1,041.5 20 Large time 159.3 170.9 171.3 172.7 174.3 174.2 171.8 172.5 173.3 173.1 174.7 174.3 21 Other 780.3 813.9 818.0 825.0 831.6 843.0 852.1 863.1 859.0 873.4 870.5 867.2 22 Borrowings 152.2 157.5 159.9 162.5 164.1 165.0 168.0 167.2 166.2 167.6 168.9 168.5 23 From banks in the U.S. 75.8 71.8 71.5 71.8 72.6 73.8 77.0 77.2 76.9 76.8 79.0 77.9 24 From others 76.5 85.7 88.4 90.7 91.4 91.2 91.0 90.0 89.3 90.8 89.9 90.6 25 Net due to related foreign offices 4.6 6.1 4.1 3.5 3.8 3.9 3.7 3.7 4.1 3.7 3.6 3.6 26 Other liabilities 26.7 28.7 29.8 30.1 30.5 30.7 31.5 31.2 31.4 31.6 31.5 29.7 27 TOTAL LIABILITIES 1,419.6 1,472.0 1,480.8 1,490.4 1,500.5 1,514.6 1,521.8 1,533.2 1,538.8 1,536.9 1,538.7 1,537.7 28 Residual (assets less liabilities) (7) 122.5 131.7 135.8 136.3 137.2 139.1 144.7 145.9 146.8 146.9 144.4 140.9 ------------------------------------------------- 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 September 25, 1998 Account 1997 1998 1998 1998 1998 1998 1998 1998 Week ending Aug Feb Mar Apr May Jun Jul Aug Aug 26 Sep 2 Sep 9 Sep 16 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 1,375.5 1,423.5 1,434.2 1,449.2 1,458.4 1,464.9 1,470.8 1,481.1 1,484.2 1,487.7 1,483.5 1,482.7 2 Securities in bank credit 397.3 403.6 409.3 412.1 414.3 412.6 413.4 416.8 417.5 417.1 416.0 416.0 3 U.S. government securities 315.1 318.2 321.2 321.6 322.9 320.2 318.7 320.0 320.2 320.0 319.0 318.8 4 Other securities 82.2 85.4 88.1 90.5 91.5 92.4 94.8 96.8 97.3 97.1 97.0 97.2 5 Loans and leases in bank credit (2) 978.2 1,020.0 1,025.0 1,037.1 1,044.1 1,052.3 1,057.3 1,064.2 1,066.6 1,070.7 1,067.4 1,066.8 6 Commercial and industrial 174.4 184.7 186.1 188.8 191.1 192.0 191.4 193.3 193.7 194.8 194.7 195.0 7 Real estate 522.3 554.9 559.0 565.9 570.1 575.5 580.9 585.8 587.5 589.1 588.9 588.0 8 Revolving home equity 27.8 29.3 29.1 29.2 29.4 29.5 29.6 29.6 29.7 29.7 29.7 29.7 9 Other 494.5 525.6 529.9 536.7 540.7 546.0 551.3 556.2 557.8 559.4 559.1 558.3 10 Consumer 211.0 207.7 204.5 204.6 204.8 204.5 204.0 202.7 203.5 202.8 200.4 201.1 11 Security (3) 4.5 5.7 6.2 6.3 5.9 6.1 6.0 6.2 6.0 6.6 6.6 6.3 12 Other loans and leases 66.0 66.9 69.2 71.5 72.1 74.2 74.9 76.3 75.9 77.5 76.9 76.4 13 Interbank loans 48.9 60.6 68.2 67.7 62.4 65.6 65.7 68.5 64.6 73.8 74.2 69.8 14 Cash assets (4) 67.1 71.1 70.4 72.4 73.0 72.8 71.5 72.0 71.1 74.6 78.0 76.9 15 Other assets (5) 65.1 62.8 61.5 64.6 65.9 69.4 72.4 71.4 69.6 73.3 75.0 67.2 16 TOTAL ASSETS (6) 1,537.3 1,598.6 1,614.8 1,634.2 1,639.9 1,652.9 1,660.4 1,672.9 1,669.4 1,689.2 1,690.5 1,676.7 L I A B I L I T I E S 17 Deposits 1,229.9 1,276.7 1,288.6 1,302.6 1,302.5 1,311.7 1,313.1 1,324.5 1,319.6 1,337.9 1,342.6 1,333.6 18 Transaction 292.2 291.6 294.7 300.2 294.0 296.3 292.1 291.3 292.1 292.8 295.4 293.2 19 Nontransaction 937.7 985.1 993.9 1,002.4 1,008.5 1,015.4 1,021.0 1,033.3 1,027.5 1,045.1 1,047.2 1,040.4 20 Large time 159.3 170.9 171.3 172.7 174.3 174.2 171.8 172.5 173.3 173.1 174.7 174.3 21 Other 778.4 814.3 822.6 829.8 834.2 841.2 849.2 860.8 854.3 872.0 872.6 866.1 22 Borrowings 153.2 155.7 156.6 160.6 164.5 165.4 168.0 168.5 168.4 169.2 167.2 170.2 23 From banks in the U.S. 76.4 71.0 70.3 71.5 73.4 74.3 77.2 78.0 78.1 77.6 78.0 78.3 24 From others 76.8 84.6 86.3 89.2 91.1 91.1 90.8 90.5 90.3 91.6 89.2 92.0 25 Net due to related foreign offices 4.6 6.1 4.1 3.5 3.8 3.9 3.7 3.7 4.1 3.7 3.6 3.6 26 Other liabilities 26.7 28.7 29.8 30.1 30.5 30.7 31.5 31.2 31.4 31.6 31.5 29.7 27 TOTAL LIABILITIES 1,414.4 1,467.2 1,479.1 1,496.9 1,501.3 1,511.7 1,516.2 1,528.0 1,523.5 1,542.4 1,545.0 1,537.1 28 Residual (assets less liabilities) (7) 122.8 131.4 135.7 137.3 138.6 141.3 144.2 144.9 145.9 146.8 145.6 139.5 MEMO 29 Mortgage-backed securities (9) 46.3 50.4 51.0 51.6 52.3 52.3 52.6 53.4 53.5 53.8 53.9 53.9 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 11 ASSETS AND LIABILITIES OF FOREIGN-RELATED INSTITUTIONS IN THE UNITED STATES (1) Seasonally adjusted, billions of dollars September 25, 1998 Account 1997 1998 1998 1998 1998 1998 1998 1998 Week ending Aug Feb Mar Apr May Jun Jul Aug Aug 26 Sep 2 Sep 9 Sep 16 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 535.5 569.0 565.9 557.8 564.6 568.3 573.9 591.8 595.9 606.2 602.2 612.2 2 Securities in bank credit 176.2 193.0 196.8 191.0 193.8 195.8 196.6 207.4 209.0 213.5 208.7 209.1 3 U.S. government securities 81.9 84.1 87.9 88.3 88.4 86.9 89.8 92.5 91.9 92.6 82.5 78.9 4 Other securities 94.3 108.9 108.9 102.7 105.4 108.9 106.8 114.8 117.1 120.9 126.2 130.2 5 Loans and leases in bank credit (2) 359.3 375.9 369.1 366.8 370.9 372.5 377.3 384.5 386.9 392.7 393.5 403.1 6 Commercial and industrial 222.0 222.5 220.2 214.2 213.6 215.4 218.4 219.4 219.8 223.5 221.5 226.1 7 Real estate 28.7 25.9 24.7 23.7 23.1 22.9 22.6 22.5 22.3 22.3 22.4 22.4 11 Security (3) 43.5 56.0 50.5 53.3 59.7 60.3 61.3 64.9 65.1 65.3 68.2 69.4 12 Other loans and leases 65.2 71.5 73.7 75.6 74.5 74.0 75.0 77.7 79.7 81.6 81.3 85.2 13 Interbank loans 18.4 24.4 20.5 20.4 20.3 22.8 21.1 21.5 25.5 23.2 30.1 23.8 14 Cash assets (4) 34.1 32.6 34.1 35.3 34.6 35.1 34.8 33.6 33.1 33.4 33.6 34.5 15 Other assets (5) 43.6 41.5 37.3 37.3 35.5 35.7 35.4 37.0 37.3 39.2 38.6 39.1 16 TOTAL ASSETS (6) 631.3 667.3 657.6 650.7 654.8 661.7 665.0 683.7 691.5 701.8 704.3 709.4 L I A B I L I T I E S 17 Deposits 262.3 284.4 288.3 291.9 293.8 301.3 295.4 303.9 305.8 311.1 314.5 314.4 18 Transaction 11.1 10.1 10.6 11.1 10.6 10.5 12.9 11.2 10.8 13.2 14.6 14.5 19 Nontransaction 251.2 274.3 277.7 280.8 283.2 290.9 282.5 292.8 295.0 298.0 299.9 299.9 22 Borrowings 142.9 144.8 153.9 168.9 168.2 173.3 176.1 176.2 168.0 185.3 182.7 185.1 23 From banks in the U.S. 31.6 22.6 25.8 26.5 23.7 31.9 28.6 25.7 22.7 32.2 30.2 30.0 24 From others 111.3 122.2 128.1 142.4 144.4 141.4 147.4 150.4 145.4 153.1 152.5 155.1 25 Net due to related foreign offices 131.9 134.7 118.5 98.3 96.9 92.8 102.5 104.0 110.1 101.5 96.8 95.6 26 Other liabilities 99.7 97.0 89.2 85.3 87.7 90.8 93.7 99.5 97.1 99.4 101.6 104.4 27 TOTAL LIABILITIES 636.9 661.0 649.8 644.4 646.5 658.3 667.7 683.6 681.1 697.4 695.6 699.5 28 Residual (assets less liabilities) (7) -5.5 6.3 7.7 6.2 8.3 3.4 -2.6 0.1 10.5 4.4 8.7 9.8 ------------------------------------------------- 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 September 25, 1998 Account 1997 1998 1998 1998 1998 1998 1998 1998 Week ending Aug Feb Mar Apr May Jun Jul Aug Aug 26 Sep 2 Sep 9 Sep 16 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 537.9 568.5 565.9 557.8 566.2 571.4 576.9 594.4 595.2 606.0 595.4 605.3 2 Securities in bank credit 180.1 190.1 195.1 192.7 197.7 198.9 199.3 211.7 211.9 216.0 206.9 204.7 3 U.S. government securities 82.8 83.3 88.6 86.9 89.0 87.0 89.5 93.3 92.2 93.6 82.5 79.2 3a Trading account 17.4 14.1 17.6 18.3 20.4 18.2 24.4 30.1 32.2 33.1 21.6 19.7 3b Investment account 65.4 69.3 71.0 68.6 68.6 68.7 65.2 63.2 60.1 60.5 60.9 59.5 4 Other securities 97.3 106.8 106.5 105.8 108.7 112.0 109.8 118.4 119.7 122.4 124.4 125.5 4a Trading account 56.5 62.9 62.2 61.1 62.9 66.3 66.3 70.2 71.9 74.7 76.5 77.3 4b Investment account 40.8 43.9 44.3 44.7 45.8 45.7 43.5 48.1 47.8 47.7 47.9 48.2 5 Loans and leases in bank credit (2) 357.8 378.4 370.8 365.1 368.5 372.4 377.5 382.7 383.3 390.0 388.5 400.5 6 Commercial and industrial 221.1 223.6 220.9 214.3 213.0 215.3 218.1 218.2 217.8 221.2 218.9 224.5 7 Real estate 28.5 26.1 24.7 23.5 23.0 22.7 22.4 22.4 22.2 22.2 22.3 22.3 11 Security (3) 42.7 56.2 51.3 52.7 59.2 60.2 60.8 64.1 63.7 64.6 66.4 69.3 12 Other loans and leases 65.4 72.5 74.0 74.7 73.4 74.3 76.2 78.0 79.6 82.0 80.9 84.4 13 Interbank loans 18.4 24.4 20.5 20.4 20.3 22.8 21.1 21.5 25.5 23.2 30.1 23.8 14 Cash assets (4) 34.1 32.1 33.0 33.6 34.2 36.1 34.7 33.6 33.1 33.5 33.2 33.8 15 Other assets (5) 44.6 42.9 37.3 35.3 35.9 34.8 35.0 37.9 38.2 40.4 39.6 39.0 16 TOTAL ASSETS (6) 634.8 667.7 656.4 646.9 656.4 664.9 667.4 687.2 691.8 702.8 698.1 701.7 L I A B I L I T I E S 17 Deposits 261.1 282.2 289.5 290.2 296.6 303.1 293.6 302.7 306.6 310.3 313.4 313.9 18 Transaction 11.1 9.9 10.5 10.7 10.3 10.5 13.0 11.1 10.7 13.4 14.7 14.9 19 Nontransaction 250.0 272.3 279.0 279.5 286.3 292.6 280.6 291.5 295.8 297.0 298.7 299.0 22 Borrowings 142.9 144.8 153.9 168.9 168.2 173.3 176.1 176.2 168.0 185.3 182.7 185.1 23 From banks in the U.S. 31.6 22.6 25.8 26.5 23.7 31.9 28.6 25.7 22.7 32.2 30.2 30.0 24 From others 111.3 122.2 128.1 142.4 144.4 141.4 147.4 150.4 145.4 153.1 152.5 155.1 25 Net due to related foreign offices 128.7 136.0 117.6 96.9 97.8 92.1 98.9 100.7 111.1 99.5 91.2 91.2 26 Other liabilities 99.8 98.2 89.4 84.6 87.3 90.0 93.1 99.5 97.4 99.4 101.6 103.8 27 TOTAL LIABILITIES 632.5 661.2 650.4 640.6 649.8 658.6 661.7 679.0 683.1 694.5 688.9 694.1 28 Residual (assets less liabilities) (7) 2.3 6.5 6.0 6.3 6.6 6.3 5.8 8.2 8.7 8.3 9.2 7.6 MEMO 29 Reval. gains on off-bal. sheet items (8) 45.7 40.5 40.0 39.5 40.0 42.1 41.6 43.6 43.3 44.7 46.8 47.4 30 Reval. losses on off-bal. sheet items (8) 45.7 40.7 39.9 39.2 38.9 41.1 40.7 42.8 42.7 42.4 44.8 45.5 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Footnotes Page 13 September 25, 1998 Note: This release and historical data are available on the Federal Reserve Board's web site: http://www.federalreserve.gov/ 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.