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 November 27, 1998 Account 1997 1998 1998 1998 1998 1998 1998 1998 Week ending Oct Apr May Jun Jul Aug Sep Oct Oct 28 Nov 4 Nov 11 Nov 18 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 4,031.3 4,222.1 4,250.2 4,261.9 4,277.4 4,338.9 4,395.1 4,487.1 4,514.2 4,512.7 4,517.3 4,514.9 2 Securities in bank credit 1,043.7 1,109.9 1,126.1 1,121.4 1,129.3 1,154.5 1,174.5 1,215.2 1,230.7 1,224.0 1,219.9 1,221.1 3 U.S. government securities 731.5 764.9 772.0 756.9 760.1 770.2 766.1 773.2 783.9 785.5 782.7 785.9 4 Other securities 312.2 345.0 354.0 364.5 369.2 384.3 408.3 442.0 446.8 438.5 437.2 435.3 5 Loans and leases in bank credit (2) 2,987.5 3,112.2 3,124.1 3,140.5 3,148.0 3,184.4 3,220.6 3,271.9 3,283.5 3,288.7 3,297.4 3,293.8 6 Commercial and industrial 840.5 868.9 882.2 895.7 900.5 909.0 920.6 942.0 949.5 948.5 950.5 950.0 7 Real estate 1,219.5 1,273.5 1,271.4 1,267.8 1,269.6 1,278.8 1,280.2 1,285.9 1,290.2 1,301.1 1,306.7 1,297.7 8 Revolving home equity 95.9 98.4 97.8 97.5 97.2 97.1 97.5 96.9 97.3 98.1 98.1 98.2 9 Other 1,123.6 1,175.1 1,173.6 1,170.4 1,172.4 1,181.7 1,182.6 1,189.0 1,192.9 1,202.9 1,208.5 1,199.5 10 Consumer 507.9 506.1 506.0 502.0 494.3 493.4 496.6 495.9 496.3 497.2 498.0 500.1 11 Security (3) 104.3 117.8 123.0 130.1 132.3 139.0 144.4 159.5 157.2 157.2 157.3 157.0 12 Other loans and leases 315.4 346.0 341.5 344.8 351.3 364.2 378.9 388.7 390.4 384.7 385.0 389.0 13 Interbank loans 195.2 214.6 202.7 218.1 214.4 209.0 222.8 226.3 234.6 225.0 223.1 231.3 14 Cash assets (4) 261.5 268.8 251.0 250.9 244.1 252.5 253.4 243.8 238.7 240.8 256.6 247.5 15 Other assets (5) 290.3 308.5 312.5 312.1 308.3 310.7 315.3 310.9 308.7 316.2 316.9 313.3 16 TOTAL ASSETS (6) 4,721.8 4,956.5 4,958.8 4,985.5 4,986.9 5,054.1 5,129.3 5,210.4 5,238.4 5,236.6 5,256.0 5,249.2 L I A B I L I T I E S 17 Deposits 3,065.7 3,211.9 3,205.4 3,223.4 3,197.2 3,228.9 3,250.3 3,273.6 3,279.0 3,296.8 3,308.1 3,300.0 18 Transaction 685.5 696.5 687.4 682.7 666.8 667.6 677.1 668.1 683.7 658.4 663.6 659.6 19 Nontransaction 2,380.2 2,515.4 2,518.1 2,540.7 2,530.5 2,561.3 2,573.2 2,605.5 2,595.3 2,638.4 2,644.4 2,640.4 20 Large time 620.2 674.5 674.9 685.4 667.5 679.3 684.5 696.6 699.6 699.6 705.9 708.7 21 Other 1,760.0 1,840.8 1,843.2 1,855.2 1,863.0 1,882.0 1,888.8 1,908.8 1,895.7 1,938.8 1,938.5 1,931.7 22 Borrowings 799.9 870.8 861.9 857.9 857.5 861.4 889.8 939.6 958.0 960.7 966.0 985.6 23 From banks in the U.S. 293.2 305.8 282.1 287.9 289.6 293.5 303.2 319.2 322.4 318.9 317.2 329.1 24 From others 506.7 565.0 579.8 570.0 567.9 567.9 586.5 620.4 635.6 641.8 648.8 656.5 25 Net due to related foreign offices 189.4 179.8 174.4 170.6 186.1 201.2 200.1 223.7 235.6 237.9 227.6 227.1 26 Other liabilities 269.6 295.4 299.3 308.0 317.3 325.7 334.3 348.6 344.2 338.0 333.3 319.3 27 TOTAL LIABILITIES 4,324.6 4,557.9 4,541.0 4,559.8 4,558.2 4,617.3 4,674.5 4,785.5 4,816.9 4,833.4 4,835.0 4,831.9 28 Residual (assets less liabilities) (7) 397.1 398.6 417.9 425.8 428.7 436.9 454.8 424.9 421.5 403.2 421.0 417.3 ------------------------------------------------- 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 November 27, 1998 Account 1997 1998 1998 1998 1998 1998 1998 1998 Week ending Oct Apr May Jun Jul Aug Sep Oct Oct 28 Nov 4 Nov 11 Nov 18 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 4,036.1 4,227.1 4,245.2 4,263.4 4,271.3 4,325.4 4,382.0 4,490.6 4,517.9 4,539.5 4,524.6 4,522.6 2 Securities in bank credit 1,041.9 1,121.1 1,130.8 1,124.4 1,123.7 1,146.0 1,162.4 1,211.6 1,229.9 1,232.3 1,220.5 1,220.1 3 U.S. government securities 730.1 773.3 776.7 759.3 756.3 765.4 761.0 770.6 782.9 788.6 784.0 786.0 4 Other securities 311.8 347.8 354.1 365.0 367.4 380.7 401.4 440.9 447.0 443.7 436.6 434.1 5 Loans and leases in bank credit (2) 2,994.2 3,106.0 3,114.4 3,139.0 3,147.6 3,179.4 3,219.6 3,279.1 3,288.0 3,307.2 3,304.1 3,302.5 6 Commercial and industrial 838.3 876.4 887.8 898.5 900.1 902.9 915.1 939.9 947.0 950.6 948.3 949.2 7 Real estate 1,225.7 1,267.0 1,265.1 1,265.4 1,271.7 1,282.4 1,285.1 1,292.6 1,296.0 1,309.1 1,315.4 1,303.9 8 Revolving home equity 96.7 97.5 97.5 97.2 97.2 97.3 98.2 97.7 98.1 99.0 98.9 99.0 9 Other 1,129.0 1,169.5 1,167.7 1,168.3 1,174.5 1,185.1 1,186.9 1,194.8 1,197.9 1,210.1 1,216.5 1,204.9 10 Consumer 509.8 501.1 500.7 499.2 492.4 495.0 499.4 497.7 499.0 499.6 499.8 502.5 11 Security (3) 104.4 119.2 122.5 130.0 130.1 134.4 141.0 160.0 157.2 161.4 157.1 157.8 12 Other loans and leases 316.0 342.4 338.3 345.8 353.3 364.6 379.1 388.9 388.9 386.5 383.5 389.0 13 Interbank loans 191.2 217.3 198.3 214.8 208.0 201.9 217.2 222.4 226.7 232.7 229.4 238.9 14 Cash assets (4) 265.5 264.2 246.6 245.8 239.7 240.1 251.3 247.6 238.2 244.0 263.8 261.4 15 Other assets (5) 289.5 306.9 311.9 310.6 309.6 312.7 316.5 310.1 306.6 318.4 318.9 313.6 16 TOTAL ASSETS (6) 4,725.9 4,958.2 4,944.6 4,977.0 4,971.2 5,022.8 5,109.4 5,213.0 5,231.8 5,276.4 5,278.7 5,278.3 L I A B I L I T I E S 17 Deposits 3,068.6 3,211.3 3,188.9 3,215.4 3,189.7 3,218.7 3,254.5 3,277.3 3,261.5 3,317.9 3,328.0 3,323.1 18 Transaction 681.8 701.6 675.5 677.7 661.9 654.2 672.4 664.1 668.2 666.7 668.3 676.2 19 Nontransaction 2,386.8 2,509.7 2,513.4 2,537.7 2,527.8 2,564.5 2,582.1 2,613.2 2,593.2 2,651.3 2,659.7 2,646.9 20 Large time 624.0 669.0 675.2 683.1 664.2 678.4 686.2 700.6 705.2 705.1 712.7 713.4 21 Other 1,762.8 1,840.6 1,838.3 1,854.6 1,863.6 1,886.2 1,895.9 1,912.6 1,888.0 1,946.2 1,947.0 1,933.6 22 Borrowings 796.0 870.3 867.5 867.6 862.0 854.5 893.2 935.9 959.0 960.1 960.9 982.0 23 From banks in the U.S. 289.7 305.0 283.3 290.8 289.9 289.6 302.0 315.1 319.3 317.0 316.0 329.4 24 From others 506.3 565.3 584.2 576.8 572.1 564.9 591.2 620.7 639.7 643.0 644.9 652.5 25 Net due to related foreign offices 187.0 178.9 183.0 176.5 188.2 201.6 200.2 220.6 237.5 229.6 223.1 223.1 26 Other liabilities 269.4 294.6 298.8 307.2 316.7 325.7 334.0 348.3 344.7 338.4 334.6 320.7 27 TOTAL LIABILITIES 4,321.0 4,555.1 4,538.2 4,566.7 4,556.6 4,600.6 4,681.9 4,782.0 4,802.6 4,846.1 4,846.6 4,848.9 28 Residual (assets less liabilities) (7) 404.9 403.1 406.4 410.3 414.6 422.2 427.4 431.0 429.2 430.3 432.1 429.5 MEMO 29 Reval. gains on off-bal. sheet items (8) 79.7 83.9 85.9 92.7 92.8 95.8 109.8 129.6 124.7 117.6 112.0 106.9 30 Reval. losses on off-bal. sheet items (8) 81.3 84.5 85.0 90.6 90.6 96.5 110.5 127.6 123.1 116.5 113.1 106.9 ------------------------------------------------- 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 November 27, 1998 Account 1997 1998 1998 1998 1998 1998 1998 1998 Week ending Oct Apr May Jun Jul Aug Sep Oct Oct 28 Nov 4 Nov 11 Nov 18 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,493.2 3,664.1 3,686.1 3,693.7 3,704.3 3,748.5 3,788.2 3,858.6 3,881.5 3,886.0 3,893.1 3,888.6 2 Securities in bank credit 868.6 915.6 928.9 921.2 928.6 943.2 960.3 994.9 1,007.6 998.8 998.3 997.4 3 U.S. government securities 650.7 675.8 682.9 668.3 669.5 677.0 684.8 694.5 703.3 703.1 704.5 706.3 4 Other securities 217.9 239.9 246.0 252.9 259.1 266.1 275.4 300.5 304.3 295.6 293.8 291.1 5 Loans and leases in bank credit (2) 2,624.6 2,748.5 2,757.2 2,772.5 2,775.7 2,805.3 2,828.0 2,863.7 2,873.9 2,887.3 2,894.9 2,891.2 6 Commercial and industrial 618.9 656.8 671.5 683.9 685.6 693.1 700.5 714.7 720.8 720.4 722.2 722.9 7 Real estate 1,192.1 1,248.5 1,247.0 1,243.7 1,245.7 1,255.2 1,256.8 1,262.9 1,267.1 1,278.5 1,284.5 1,276.4 8 Revolving home equity 95.9 98.4 97.8 97.5 97.2 97.1 97.5 96.9 97.3 98.1 98.1 98.2 9 Other 1,096.2 1,150.1 1,149.2 1,146.2 1,148.6 1,158.0 1,159.3 1,166.0 1,169.8 1,180.4 1,186.4 1,178.2 10 Consumer 507.9 506.1 506.0 502.0 494.3 493.4 496.6 495.9 496.3 497.2 498.0 500.1 11 Security (3) 57.3 63.6 61.8 67.5 69.8 73.5 75.3 87.9 86.7 89.7 88.7 90.3 12 Other loans and leases 248.4 273.5 270.8 275.4 280.3 290.2 298.8 302.3 303.2 301.5 301.5 301.5 13 Interbank loans 174.7 192.0 180.9 194.2 192.4 186.5 191.7 196.7 206.1 196.7 193.1 195.2 14 Cash assets (4) 227.1 233.2 216.3 216.0 209.0 218.5 219.1 208.1 204.5 206.6 222.6 213.2 15 Other assets (5) 246.6 272.3 278.4 278.3 274.2 275.0 277.3 271.5 270.4 278.3 280.2 274.1 16 TOTAL ASSETS (6) 4,085.4 4,304.5 4,304.3 4,325.0 4,322.8 4,371.7 4,419.3 4,477.3 4,505.0 4,509.9 4,531.4 4,513.5 L I A B I L I T I E S 17 Deposits 2,798.0 2,917.8 2,910.2 2,920.3 2,899.8 2,922.6 2,935.3 2,953.9 2,963.1 2,985.0 2,995.2 2,982.2 18 Transaction 675.0 684.2 675.8 671.6 653.4 655.8 662.3 653.6 669.9 645.2 652.9 646.9 19 Nontransaction 2,123.0 2,233.6 2,234.3 2,248.8 2,246.4 2,266.7 2,273.0 2,300.3 2,293.3 2,339.8 2,342.2 2,335.3 20 Large time 366.1 394.5 391.7 393.2 384.5 384.0 382.9 395.2 401.3 404.1 406.9 407.6 21 Other 1,756.8 1,839.1 1,842.7 1,855.6 1,861.9 1,882.8 1,890.1 1,905.1 1,891.9 1,935.7 1,935.3 1,927.7 22 Borrowings 644.1 704.8 698.5 690.7 687.5 691.4 705.4 745.5 761.8 768.6 774.3 788.7 23 From banks in the U.S. 259.4 279.2 259.7 258.3 262.8 269.5 270.6 283.2 284.2 285.7 286.9 290.6 24 From others 384.7 425.6 438.8 432.4 424.7 422.0 434.8 462.3 477.5 483.0 487.3 498.1 25 Net due to related foreign offices 70.9 77.4 73.3 73.4 79.3 92.8 105.0 117.7 130.0 119.5 121.4 120.5 26 Other liabilities 177.9 210.2 211.9 218.1 224.0 226.6 230.5 241.6 239.5 232.5 232.3 217.6 27 TOTAL LIABILITIES 3,691.0 3,910.2 3,893.8 3,902.5 3,890.6 3,933.5 3,976.3 4,058.7 4,094.4 4,105.7 4,123.1 4,109.0 28 Residual (assets less liabilities) (7) 394.4 394.3 410.6 422.6 432.2 438.2 443.0 418.7 410.6 404.2 408.2 404.4 ------------------------------------------------- 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 November 27, 1998 Account 1997 1998 1998 1998 1998 1998 1998 1998 Week ending Oct Apr May Jun Jul Aug Sep Oct Oct 28 Nov 4 Nov 11 Nov 18 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,498.3 3,668.9 3,679.5 3,692.1 3,695.4 3,732.5 3,780.3 3,862.8 3,885.4 3,910.9 3,906.9 3,905.5 2 Securities in bank credit 866.0 924.8 929.7 921.0 920.2 930.4 951.5 990.9 1,005.4 1,006.0 1,002.8 1,002.9 3 U.S. government securities 648.8 685.5 687.0 670.7 666.0 671.4 679.8 691.4 701.4 704.2 704.2 706.3 4 Other securities 217.3 239.3 242.7 250.3 254.3 259.0 271.7 299.6 304.1 301.8 298.6 296.6 5 Loans and leases in bank credit (2) 2,632.3 2,744.1 2,749.8 2,771.1 2,775.2 2,802.1 2,828.8 2,871.9 2,879.9 2,904.9 2,904.2 2,902.6 6 Commercial and industrial 617.1 664.3 677.6 686.7 685.5 688.1 696.1 712.8 718.0 721.2 720.4 722.4 7 Real estate 1,198.0 1,242.2 1,240.9 1,241.5 1,248.1 1,258.8 1,261.8 1,269.4 1,272.6 1,286.3 1,293.0 1,282.4 8 Revolving home equity 96.7 97.5 97.5 97.2 97.2 97.3 98.2 97.7 98.1 99.0 98.9 99.0 9 Other 1,101.3 1,144.7 1,143.4 1,144.3 1,150.8 1,161.6 1,163.6 1,171.6 1,174.5 1,187.3 1,194.1 1,183.3 10 Consumer 509.8 501.1 500.7 499.2 492.4 495.0 499.4 497.7 499.0 499.6 499.8 502.5 11 Security (3) 57.4 65.7 61.9 67.7 68.2 69.8 72.2 88.2 87.0 93.5 89.1 91.8 12 Other loans and leases 250.0 270.8 268.7 276.1 281.1 290.2 299.4 303.8 303.3 304.3 301.9 303.6 13 Interbank loans 170.7 194.7 176.5 190.9 186.0 179.4 186.0 192.7 198.3 204.4 199.4 202.7 14 Cash assets (4) 230.8 230.3 212.2 210.0 204.7 206.1 216.9 211.6 203.2 209.2 229.1 226.2 15 Other assets (5) 246.8 272.7 277.4 277.5 275.9 276.1 278.5 271.7 269.4 280.3 281.9 274.2 16 TOTAL ASSETS (6) 4,090.5 4,309.7 4,288.4 4,313.4 4,304.9 4,337.0 4,404.4 4,481.3 4,498.8 4,546.9 4,559.5 4,550.7 L I A B I L I T I E S 17 Deposits 2,801.2 2,918.9 2,890.9 2,910.6 2,894.1 2,913.7 2,937.9 2,958.1 2,945.3 3,007.5 3,015.5 3,007.8 18 Transaction 671.3 689.8 664.3 666.6 648.4 642.4 656.9 649.5 654.2 653.4 657.7 663.6 19 Nontransaction 2,129.8 2,229.2 2,226.7 2,244.0 2,245.7 2,271.2 2,280.9 2,308.5 2,291.1 2,354.1 2,357.8 2,344.2 20 Large time 369.1 390.3 389.9 390.8 383.4 386.4 386.4 398.5 404.8 409.2 412.1 412.7 21 Other 1,760.7 1,838.9 1,836.7 1,853.2 1,862.3 1,884.9 1,894.6 1,910.0 1,886.2 1,944.9 1,945.7 1,931.4 22 Borrowings 640.2 704.2 704.1 700.4 692.0 684.5 708.9 741.8 762.8 768.0 769.1 785.1 23 From banks in the U.S. 255.9 278.4 260.9 261.2 263.0 265.5 269.5 279.2 281.2 283.8 285.7 291.0 24 From others 384.3 425.9 443.2 439.2 429.0 419.0 439.4 462.6 481.6 484.3 483.5 494.1 25 Net due to related foreign offices 69.3 78.0 80.9 80.1 84.9 96.7 106.7 115.5 128.7 115.1 116.8 116.8 26 Other liabilities 177.9 210.2 211.9 218.1 224.0 226.6 230.5 241.6 239.5 232.5 232.3 217.6 27 TOTAL LIABILITIES 3,688.6 3,911.3 3,887.8 3,909.2 3,895.0 3,921.5 3,984.0 4,057.0 4,076.3 4,123.1 4,133.7 4,127.2 28 Residual (assets less liabilities) (7) 401.8 398.4 400.6 404.2 409.8 415.5 420.4 424.3 422.5 423.8 425.8 423.5 MEMO 29 Reval. gains on off-bal. sheet items (8) 37.9 43.9 45.6 50.5 51.0 51.9 61.5 78.2 74.7 68.5 65.2 59.6 30 Reval. losses on off-bal. sheet items (8) 41.0 45.3 46.3 50.1 50.4 54.2 65.0 79.9 77.3 71.8 69.5 62.3 31 Mortgage-backed securities (9) 265.6 295.6 298.0 291.2 294.4 301.9 314.0 337.1 346.3 347.8 346.3 341.5 ------------------------------------------------- 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 November 27, 1998 Account 1997 1998 1998 1998 1998 1998 1998 1998 Week ending Oct Apr May Jun Jul Aug Sep Oct Oct 28 Nov 4 Nov 11 Nov 18 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 2,131.0 2,253.7 2,266.0 2,263.7 2,263.5 2,294.2 2,325.2 2,379.8 2,399.6 2,396.4 2,400.9 2,379.5 2 Securities in bank credit 471.1 515.8 524.6 516.5 518.5 529.2 544.0 569.3 580.9 569.7 567.1 558.9 3 U.S. government securities 336.0 364.3 367.7 353.8 352.3 358.4 364.9 369.0 376.6 375.8 376.1 374.0 3a Trading account 25.0 22.5 23.3 23.4 20.4 21.3 22.0 20.9 20.5 25.0 24.8 22.6 3b Investment account 311.0 341.7 344.4 330.4 331.9 337.0 342.9 348.1 356.1 350.8 351.3 351.3 4 Other securities 135.1 151.5 157.0 162.7 166.1 170.9 179.1 200.2 204.3 193.9 191.0 184.9 4a Trading account 63.3 70.6 75.6 79.5 81.1 83.1 89.3 108.6 110.4 98.2 95.0 88.2 4b Investment account 71.8 80.9 81.4 83.2 85.0 87.7 89.8 91.6 93.9 95.7 96.0 96.7 4c State and local government 22.3 23.0 22.8 22.2 22.4 22.6 23.2 23.9 24.3 24.2 24.3 24.3 4d Other 49.5 58.0 58.6 60.9 62.6 65.1 66.6 67.8 69.7 71.5 71.7 72.3 5 Loans and leases in bank credit (2) 1,659.9 1,737.9 1,741.3 1,747.2 1,745.0 1,765.0 1,781.2 1,810.6 1,818.8 1,826.7 1,833.8 1,820.6 6 Commercial and industrial 444.7 474.8 487.2 497.5 497.7 502.1 507.2 519.7 525.2 524.3 526.4 526.3 6a Bankers acceptances 1.3 1.3 1.3 1.2 1.3 1.3 1.3 1.2 1.2 1.2 1.2 1.2 6b Other 443.4 473.6 485.9 496.3 496.4 500.8 506.0 518.5 524.0 523.1 525.2 525.0 7 Real estate 672.2 696.7 692.6 683.0 679.4 681.6 679.6 680.8 683.1 691.7 696.8 682.9 8 Revolving home equity 68.2 70.1 69.3 68.7 68.2 68.1 68.4 67.8 68.1 67.5 67.6 67.3 9 Other 604.0 626.7 623.3 614.3 611.2 613.6 611.2 613.1 615.0 624.2 629.2 615.6 10 Consumer 307.0 305.7 304.8 301.1 295.6 296.5 299.6 299.4 299.5 300.9 301.4 299.3 11 Security (3) 52.4 57.5 56.1 61.5 63.7 67.3 68.8 81.3 80.3 82.6 81.7 83.6 11a Fed funds and RPs with broker/dealer 35.4 39.8 37.7 42.9 44.9 48.0 50.1 63.2 62.9 64.2 64.0 65.7 11b Other 17.0 17.7 18.4 18.7 18.8 19.3 18.7 18.0 17.4 18.3 17.7 17.9 12a State and local government 12.4 11.6 11.6 11.4 11.3 11.4 11.5 11.5 11.4 12.1 11.9 11.7 12b Agricultural 9.6 9.9 9.9 9.8 9.8 9.8 9.8 9.8 9.7 9.8 9.9 9.9 12c Fed funds and RPs with others 9.3 7.4 5.7 5.6 8.8 9.9 12.3 12.8 13.6 12.4 10.8 14.1 12d All other loans 72.8 83.2 80.3 83.2 83.3 88.4 92.9 93.8 93.9 90.7 92.6 90.7 12e Lease financing receivables 79.4 91.1 93.2 94.0 95.4 98.0 99.6 101.4 102.0 102.3 102.4 102.2 13 Interbank loans 122.1 129.9 117.7 127.7 123.1 114.9 116.7 121.9 131.1 120.3 116.8 124.2 13a Fed funds and RPs with banks 81.5 78.2 66.8 76.5 69.5 62.0 63.6 72.9 82.7 71.3 65.9 77.3 13b Other 40.6 51.7 50.8 51.2 53.6 53.0 53.1 49.0 48.4 49.0 51.0 46.9 14 Cash assets (4) 160.0 167.7 150.2 149.1 143.6 151.0 151.0 140.5 136.6 138.8 151.4 143.5 15 Other assets (5) 189.7 211.7 216.5 213.4 210.6 209.7 209.3 201.3 200.1 207.3 206.2 202.7 16 TOTAL ASSETS (6) 2,565.4 2,725.1 2,712.5 2,716.1 2,703.2 2,732.8 2,765.0 2,805.7 2,829.6 2,824.8 2,837.5 2,812.3 ------------------------------------------------- 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) November 27, 1998 Account 1997 1998 1998 1998 1998 1998 1998 1998 Week ending Oct Apr May Jun Jul Aug Sep Oct Oct 28 Nov 4 Nov 11 Nov 18 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- L I A B I L I T I E S 17 Deposits 1,578.7 1,654.7 1,638.3 1,635.3 1,611.2 1,618.9 1,619.3 1,630.4 1,635.8 1,650.2 1,656.5 1,637.4 18 Transaction 386.9 395.9 387.6 381.5 366.3 368.0 371.6 365.3 374.4 357.1 363.0 358.8 19 Nontransaction 1,191.7 1,258.8 1,250.7 1,253.8 1,244.9 1,250.9 1,247.6 1,265.1 1,261.4 1,293.1 1,293.6 1,278.6 20 Large time 206.9 225.2 220.5 221.9 215.5 214.3 209.2 220.2 225.4 227.5 229.3 229.4 21 Other 984.9 1,033.6 1,030.2 1,031.9 1,029.4 1,036.6 1,038.4 1,044.9 1,036.0 1,065.5 1,064.3 1,049.2 22 Borrowings 496.0 549.1 540.3 530.9 524.6 529.5 542.2 575.8 591.5 597.5 599.3 611.7 23 From banks in the U.S. 190.2 210.8 190.6 188.2 189.9 196.8 197.6 206.7 208.0 208.6 207.7 210.2 24 From others 305.8 338.3 349.7 342.7 334.7 332.7 344.6 369.1 383.6 388.8 391.7 401.5 25 Net due to related foreign offices 65.8 73.9 69.4 69.5 75.6 89.1 101.3 113.0 125.6 115.2 117.6 116.7 26 Other liabilities 151.4 180.4 182.3 188.7 194.8 196.7 200.3 210.5 208.4 200.9 200.2 186.1 27 TOTAL LIABILITIES 2,291.8 2,458.0 2,430.3 2,424.5 2,406.2 2,434.2 2,463.1 2,529.6 2,561.3 2,563.7 2,573.6 2,551.9 28 Residual (assets less liabilities) (7) 273.6 267.1 282.2 291.7 297.0 298.6 301.9 276.1 268.3 261.1 263.9 260.4 ------------------------------------------------- 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 November 27, 1998 Account 1997 1998 1998 1998 1998 1998 1998 1998 Week ending Oct Apr May Jun Jul Aug Sep Oct Oct 28 Nov 4 Nov 11 Nov 18 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 2,136.0 2,252.8 2,252.3 2,257.3 2,256.5 2,278.7 2,315.2 2,384.2 2,402.3 2,421.6 2,414.3 2,398.3 2 Securities in bank credit 471.3 519.4 521.2 513.1 511.4 517.6 535.9 568.3 581.4 580.4 574.3 568.4 3 U.S. government securities 336.2 368.9 368.4 353.5 350.1 353.5 360.2 368.2 376.7 379.6 377.8 377.6 3a Trading account 26.1 22.7 22.5 22.5 19.9 21.2 21.9 21.9 21.3 26.8 25.4 24.3 3b Investment account 310.1 346.3 345.9 331.0 330.3 332.4 338.3 346.3 355.4 352.7 352.5 353.3 3c Mortgage-backed 202.9 226.0 225.7 217.1 218.5 225.3 235.8 254.6 262.2 260.3 258.2 252.8 3d Other 107.2 120.3 120.2 113.9 111.7 107.1 102.5 91.7 93.2 92.4 94.3 100.4 3e 1 year or less 27.9 32.3 30.8 30.9 29.7 28.3 27.0 25.5 25.6 25.4 26.9 26.4 3f Between 1 and 5 years 55.0 52.7 51.3 48.0 50.9 47.8 43.2 36.3 36.3 35.3 35.1 38.3 3g More than 5 years 24.3 35.2 38.1 35.0 31.1 31.0 32.2 29.9 31.3 31.6 32.3 35.8 4 Other securities 135.1 150.5 152.8 159.6 161.3 164.0 175.7 200.1 204.7 200.9 196.4 190.8 4a Trading account 63.0 70.2 72.1 76.7 77.0 76.8 86.3 108.2 110.7 104.3 99.8 92.8 4b Investment account 72.0 80.3 80.7 82.9 84.3 87.2 89.4 91.9 93.9 96.5 96.6 98.0 4c State and local government 22.4 22.9 22.7 22.4 22.3 22.7 23.2 24.0 24.4 24.2 24.3 24.3 4d Other 49.7 57.3 58.0 60.6 62.1 64.6 66.2 67.9 69.6 72.3 72.4 73.7 5 Loans and leases in bank credit (2) 1,664.7 1,733.4 1,731.0 1,744.2 1,745.1 1,761.2 1,779.2 1,816.0 1,820.9 1,841.1 1,840.0 1,829.9 6 Commercial and industrial 444.4 479.9 490.8 498.6 497.8 498.7 504.3 519.5 524.1 526.5 525.9 527.1 6a Bankers acceptances 1.4 1.2 1.2 1.2 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 6b Other 443.0 478.7 489.6 497.4 496.5 497.4 503.0 518.2 522.9 525.2 524.6 525.8 7 Real estate 675.9 690.8 684.8 680.1 681.7 684.9 682.9 684.9 685.6 696.8 702.4 687.2 8 Revolving home equity 68.8 69.0 68.8 68.4 68.4 68.4 69.0 68.4 68.7 68.2 68.2 68.1 9a Other residential 371.0 383.9 379.3 377.5 378.8 381.2 377.3 379.5 378.8 390.1 395.7 381.7 9b Commercial 236.0 237.9 236.6 234.2 234.5 235.3 236.6 237.0 238.1 238.4 238.5 237.4 10 Consumer 308.0 301.7 300.8 299.9 295.4 298.1 301.5 300.3 300.6 301.9 301.9 300.1 11 Security (3) 52.5 59.6 56.1 61.7 62.2 63.6 65.7 81.6 80.6 86.3 82.0 85.1 11a Fed funds and RPs with broker/dealer 35.7 41.8 37.6 42.5 43.8 45.0 47.6 63.7 62.6 68.0 65.0 67.2 11b Other 16.9 17.8 18.5 19.1 18.3 18.5 18.2 17.9 18.0 18.3 17.0 17.9 12a State and local government 12.5 11.5 11.5 11.3 11.2 11.5 11.6 11.6 11.5 12.1 12.0 11.8 12b Agricultural 9.8 9.6 9.7 9.9 10.1 10.1 10.1 9.9 9.9 9.9 10.0 9.9 12c Fed funds and RPs with others 9.3 7.4 5.7 5.6 8.8 9.9 12.3 12.8 13.6 12.4 10.8 14.1 12d All other loans 73.3 82.2 79.1 83.4 83.0 87.7 92.4 94.4 93.7 92.9 92.7 92.4 12e Lease financing receivables 79.0 90.9 92.5 93.5 94.9 96.8 98.5 100.9 101.3 102.1 102.4 102.2 13 Interbank loans 119.0 130.6 117.0 128.2 122.0 112.4 115.5 119.1 128.0 122.1 118.0 127.3 13a Fed funds and RPs with banks 78.6 79.3 66.5 76.9 68.8 60.1 63.1 70.2 80.2 73.5 67.1 79.3 13b Other 40.4 51.3 50.5 51.3 53.3 52.2 52.4 48.8 47.8 48.6 50.8 47.9 14 Cash assets (4) 163.7 165.3 146.2 144.0 140.0 140.9 149.5 144.1 137.3 140.8 156.1 153.1 15 Other assets (5) 189.7 211.7 216.5 213.4 210.6 209.7 209.3 201.3 200.1 207.3 206.2 202.7 16 TOTAL ASSETS (6) 2,571.1 2,722.8 2,694.3 2,705.0 2,691.4 2,704.2 2,751.9 2,810.9 2,830.1 2,853.8 2,856.6 2,843.5 ------------------------------------------------- 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) November 27, 1998 Account 1997 1998 1998 1998 1998 1998 1998 1998 Week ending Oct Apr May Jun Jul Aug Sep Oct Oct 28 Nov 4 Nov 11 Nov 18 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- L I A B I L I T I E S 17 Deposits 1,583.7 1,647.4 1,618.6 1,629.0 1,611.2 1,616.5 1,625.3 1,636.6 1,627.6 1,665.5 1,668.3 1,656.1 18 Transaction 384.9 397.9 378.1 378.1 364.1 358.8 368.5 363.0 365.8 361.2 364.2 370.7 19 Nontransaction 1,198.9 1,249.6 1,240.4 1,250.9 1,247.1 1,257.7 1,256.8 1,273.6 1,261.8 1,304.3 1,304.0 1,285.4 20 Large time 209.8 221.0 218.7 219.5 214.4 216.7 212.7 223.6 228.9 232.6 234.5 234.5 21 Other 989.0 1,028.6 1,021.7 1,031.4 1,032.7 1,041.0 1,044.1 1,050.0 1,032.9 1,071.7 1,069.5 1,050.9 22 Borrowings 491.7 550.4 545.5 540.2 529.1 521.2 542.3 571.5 589.7 597.7 596.1 608.7 23 From banks in the U.S. 187.2 210.2 191.1 190.6 189.9 192.1 195.4 203.1 204.3 208.0 208.2 211.7 24 From others 304.5 340.1 354.4 349.6 339.1 329.1 346.9 368.4 385.5 389.6 387.9 397.0 25 Net due to related foreign offices 64.1 74.5 77.1 76.2 81.2 92.9 103.0 110.9 124.3 110.8 112.9 112.9 26 Other liabilities 151.4 180.4 182.3 188.7 194.8 196.7 200.3 210.5 208.4 200.9 200.2 186.1 27 TOTAL LIABILITIES 2,291.0 2,452.7 2,423.4 2,434.1 2,416.3 2,427.4 2,470.9 2,529.4 2,549.9 2,574.9 2,577.4 2,563.8 28 Residual (assets less liabilities) (7) 280.1 270.1 270.8 270.9 275.2 276.8 281.0 281.4 280.2 278.8 279.2 279.7 MEMO 29 Reval. gains on off-bal. sheet items (8) 37.9 43.9 45.6 50.5 51.0 51.9 61.5 78.2 74.7 68.5 65.2 59.6 30 Reval. losses on off-bal. sheet items (8) 41.0 45.3 46.3 50.1 50.4 54.2 65.0 79.9 77.3 71.8 69.5 62.3 31 Mortgage-backed securities (9) 221.0 246.1 246.9 238.9 241.6 248.3 259.1 279.3 287.7 288.7 286.6 280.9 31a Pass-through 150.4 165.9 165.3 157.4 157.5 160.8 166.8 188.9 197.7 196.8 195.8 192.1 31b CMO, REMIC, and other 70.6 80.2 81.6 81.5 84.1 87.5 92.3 90.3 90.0 91.9 90.8 88.8 32 Net unrealized gains (losses) on 2.4 3.0 2.8 3.2 3.5 3.1 3.8 4.5 4.5 3.0 3.1 3.3 available-for-sale securities (10) 33 Offshore credit to U.S. residents (11) 34.2 35.5 36.0 36.1 35.3 35.6 36.8 38.5 38.8 38.9 39.2 39.2 ------------------------------------------------- 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 November 27, 1998 Account 1997 1998 1998 1998 1998 1998 1998 1998 Week ending Oct Apr May Jun Jul Aug Sep Oct Oct 28 Nov 4 Nov 11 Nov 18 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 1,362.2 1,410.4 1,420.2 1,430.0 1,440.8 1,454.2 1,463.0 1,478.8 1,481.9 1,489.7 1,492.2 1,509.1 2 Securities in bank credit 397.4 399.8 404.3 404.8 410.1 413.9 416.3 425.7 426.7 429.1 431.2 438.5 3 U.S. government securities 314.7 311.5 315.3 314.5 317.2 318.7 319.9 325.4 326.8 327.4 328.4 332.3 4 Other securities 82.7 88.4 89.0 90.2 93.0 95.2 96.4 100.2 99.9 101.7 102.8 106.2 5 Loans and leases in bank credit (2) 964.8 1,010.6 1,015.9 1,025.3 1,030.7 1,040.3 1,046.7 1,053.2 1,055.2 1,060.6 1,061.0 1,070.6 6 Commercial and industrial 174.2 182.0 184.3 186.3 187.9 191.0 193.3 195.0 195.5 196.1 195.8 196.6 7 Real estate 519.8 551.8 554.5 560.7 566.3 573.5 577.2 582.1 583.9 586.9 587.7 593.5 8 Revolving home equity 27.7 28.4 28.5 28.8 29.0 29.0 29.1 29.2 29.2 30.6 30.5 30.9 9 Other 492.1 523.4 526.0 531.9 537.4 544.5 548.1 552.9 554.8 556.2 557.2 562.6 10 Consumer 200.8 200.4 201.2 200.9 198.7 196.9 197.0 196.4 196.7 196.3 196.6 200.8 11 Security (3) 4.9 6.1 5.7 6.0 6.0 6.2 6.4 6.6 6.4 7.1 7.0 6.7 12 Other loans and leases 65.0 70.3 70.1 71.3 71.7 72.7 72.8 73.0 72.6 74.2 74.0 73.0 13 Interbank loans 52.6 62.1 63.2 66.5 69.3 71.6 74.9 74.8 75.1 76.4 76.3 70.9 14 Cash assets (4) 67.1 65.6 66.1 66.9 65.4 67.5 68.1 67.6 67.9 67.8 71.2 69.7 15 Other assets (5) 57.0 60.6 61.8 64.9 63.6 65.3 68.0 70.2 70.3 71.0 74.0 71.4 16 TOTAL ASSETS (6) 1,519.9 1,579.3 1,591.9 1,608.9 1,619.7 1,638.9 1,654.3 1,671.6 1,675.4 1,685.0 1,693.9 1,701.2 L I A B I L I T I E S 17 Deposits 1,219.3 1,263.2 1,271.9 1,285.0 1,288.6 1,303.7 1,316.0 1,323.5 1,327.4 1,334.8 1,338.6 1,344.9 18 Transaction 288.1 288.3 288.2 290.1 287.1 287.9 290.7 288.3 295.5 288.1 290.0 288.1 19 Nontransaction 931.2 974.8 983.6 994.9 1,001.5 1,015.8 1,025.4 1,035.1 1,031.9 1,046.7 1,048.6 1,056.7 20 Large time 159.2 169.3 171.2 171.3 169.0 169.7 173.7 174.9 175.9 176.6 177.6 178.2 21 Other 772.0 805.5 812.4 823.6 832.5 846.2 851.7 860.2 856.0 870.1 871.0 878.5 22 Borrowings 148.1 155.7 158.2 159.8 162.9 162.0 163.2 169.7 170.2 171.2 175.0 177.0 23 From banks in the U.S. 69.2 68.5 69.1 70.1 72.9 72.7 73.0 76.5 76.3 77.1 79.3 80.4 24 From others 79.0 87.3 89.1 89.7 90.0 89.3 90.2 93.2 93.9 94.1 95.7 96.6 25 Net due to related foreign offices 5.2 3.5 3.8 3.9 3.7 3.7 3.7 4.7 4.4 4.3 3.8 3.8 26 Other liabilities 26.5 29.7 29.6 29.3 29.2 29.9 30.2 31.2 31.1 31.6 32.1 31.5 27 TOTAL LIABILITIES 1,399.1 1,452.1 1,463.5 1,478.0 1,484.4 1,499.3 1,513.2 1,529.1 1,533.1 1,541.9 1,549.5 1,557.1 28 Residual (assets less liabilities) (7) 120.8 127.2 128.4 130.9 135.2 139.6 141.1 142.5 142.3 143.1 144.3 144.1 ------------------------------------------------- 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 November 27, 1998 Account 1997 1998 1998 1998 1998 1998 1998 1998 Week ending Oct Apr May Jun Jul Aug Sep Oct Oct 28 Nov 4 Nov 11 Nov 18 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 1,362.3 1,416.1 1,427.2 1,434.8 1,438.9 1,453.8 1,465.1 1,478.6 1,483.1 1,489.3 1,492.6 1,507.2 2 Securities in bank credit 394.7 405.4 408.4 407.9 408.8 412.9 415.6 422.7 424.0 425.6 428.5 434.5 3 U.S. government securities 312.5 316.6 318.6 317.2 315.9 317.9 319.5 323.2 324.6 324.7 326.3 328.8 4 Other securities 82.2 88.8 89.9 90.7 93.0 95.0 96.0 99.5 99.4 101.0 102.2 105.7 5 Loans and leases in bank credit (2) 967.5 1,010.7 1,018.8 1,026.9 1,030.1 1,040.9 1,049.6 1,056.0 1,059.0 1,063.7 1,064.1 1,072.7 6 Commercial and industrial 172.7 184.4 186.9 188.1 187.7 189.5 191.8 193.4 193.9 194.7 194.5 195.3 7 Real estate 522.1 551.4 556.1 561.3 566.4 573.9 578.9 584.5 587.0 589.5 590.6 595.2 8 Revolving home equity 27.9 28.5 28.6 28.7 28.8 28.9 29.2 29.3 29.3 30.8 30.7 31.0 9 Other 494.3 522.9 527.5 532.6 537.5 545.0 549.6 555.2 557.6 558.7 559.9 564.3 10 Consumer 201.7 199.4 199.9 199.3 197.0 197.0 197.9 197.3 198.4 197.7 197.9 202.4 11 Security (3) 4.9 6.1 5.7 6.0 6.0 6.2 6.4 6.6 6.4 7.1 7.0 6.7 12 Other loans and leases 66.1 69.4 70.1 72.3 73.0 74.3 74.6 74.1 73.3 74.7 74.1 73.1 13 Interbank loans 51.8 64.1 59.5 62.7 64.0 67.1 70.5 73.7 70.3 82.2 81.5 75.5 14 Cash assets (4) 67.1 65.0 66.0 66.0 64.7 65.2 67.4 67.5 65.9 68.4 73.0 73.1 15 Other assets (5) 57.2 60.9 60.9 64.2 65.2 66.4 69.2 70.4 69.2 73.0 75.7 71.5 16 TOTAL ASSETS (6) 1,519.4 1,586.9 1,594.1 1,608.3 1,613.4 1,632.8 1,652.5 1,670.4 1,668.7 1,693.1 1,702.9 1,707.2 L I A B I L I T I E S 17 Deposits 1,217.4 1,271.5 1,272.4 1,281.7 1,283.0 1,297.2 1,312.6 1,321.5 1,317.7 1,341.9 1,347.3 1,351.7 18 Transaction 286.5 291.9 286.1 288.5 284.3 283.6 288.4 286.5 288.5 292.2 293.5 292.9 19 Nontransaction 930.9 979.6 986.2 993.1 998.6 1,013.5 1,024.1 1,035.0 1,029.3 1,049.8 1,053.8 1,058.8 20 Large time 159.2 169.3 171.2 171.3 169.0 169.7 173.7 174.9 175.9 176.6 177.6 178.2 21 Other 771.7 810.3 815.0 821.8 829.6 843.9 850.4 860.0 853.3 873.2 876.2 880.6 22 Borrowings 148.6 153.9 158.5 160.2 163.0 163.2 166.6 170.3 173.1 170.4 173.1 176.4 23 From banks in the U.S. 68.7 68.1 69.8 70.6 73.1 73.4 74.1 76.0 76.9 75.7 77.5 79.3 24 From others 79.8 85.8 88.8 89.6 89.9 89.8 92.5 94.2 96.1 94.6 95.6 97.1 25 Net due to related foreign offices 5.2 3.5 3.8 3.9 3.7 3.7 3.7 4.7 4.4 4.3 3.8 3.8 26 Other liabilities 26.5 29.7 29.6 29.3 29.2 29.9 30.2 31.2 31.1 31.6 32.1 31.5 27 TOTAL LIABILITIES 1,397.6 1,458.6 1,464.3 1,475.0 1,478.8 1,494.0 1,513.1 1,527.6 1,526.3 1,548.2 1,556.3 1,563.4 28 Residual (assets less liabilities) (7) 121.7 128.3 129.8 133.3 134.6 138.7 139.4 142.9 142.3 144.9 146.6 143.8 MEMO 29 Mortgage-backed securities (9) 44.6 49.4 51.1 52.3 52.8 53.6 54.9 57.9 58.6 59.1 59.7 60.6 ------------------------------------------------- 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 November 27, 1998 Account 1997 1998 1998 1998 1998 1998 1998 1998 Week ending Oct Apr May Jun Jul Aug Sep Oct Oct 28 Nov 4 Nov 11 Nov 18 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 538.1 557.9 564.1 568.2 573.1 590.5 606.9 628.5 632.6 626.6 624.2 626.3 2 Securities in bank credit 175.2 194.2 197.1 200.2 200.7 211.4 214.2 220.3 223.1 225.3 221.6 223.7 3 U.S. government securities 80.9 89.2 89.1 88.5 90.6 93.2 81.3 78.8 80.5 82.4 78.2 79.6 4 Other securities 94.3 105.1 108.0 111.6 110.1 118.2 132.9 141.5 142.5 142.9 143.4 144.2 5 Loans and leases in bank credit (2) 362.9 363.7 366.9 368.0 372.4 379.1 392.7 408.2 409.6 401.4 402.6 402.6 6 Commercial and industrial 221.5 212.0 210.7 211.9 214.9 215.9 220.1 227.2 228.7 228.1 228.4 227.1 7 Real estate 27.5 25.0 24.4 24.2 23.9 23.7 23.3 23.0 23.1 22.5 22.1 21.3 11 Security (3) 47.0 54.2 61.2 62.5 62.6 65.5 69.1 71.6 70.5 67.6 68.6 66.7 12 Other loans and leases 66.9 72.5 70.7 69.4 71.0 74.0 80.2 86.4 87.2 83.2 83.5 87.5 13 Interbank loans 20.5 22.6 21.8 23.9 22.0 22.5 31.2 29.7 28.5 28.3 30.0 36.2 14 Cash assets (4) 34.4 35.6 34.8 34.8 35.1 34.0 34.3 35.7 34.2 34.2 34.0 34.3 15 Other assets (5) 43.7 36.2 34.1 33.8 34.1 35.8 38.0 39.4 38.3 37.9 36.7 39.2 16 TOTAL ASSETS (6) 636.4 652.1 654.5 660.5 664.0 682.4 710.0 733.0 733.3 726.8 724.6 735.7 L I A B I L I T I E S 17 Deposits 267.7 294.0 295.3 303.0 297.4 306.3 315.0 319.8 315.9 311.8 312.9 317.7 18 Transaction 10.4 12.3 11.5 11.1 13.4 11.8 14.8 14.5 13.9 13.2 10.7 12.6 19 Nontransaction 257.2 281.8 283.7 291.9 284.1 294.5 300.2 305.2 302.1 298.6 302.2 305.1 22 Borrowings 155.8 166.0 163.4 167.2 170.0 170.0 184.3 194.1 196.3 192.0 191.7 196.9 23 From banks in the U.S. 33.8 26.6 22.4 29.6 26.8 24.0 32.6 36.0 38.2 33.3 30.3 38.4 24 From others 122.0 139.4 141.0 137.6 143.1 146.0 151.8 158.1 158.1 158.8 161.4 158.4 25 Net due to related foreign offices 118.5 102.4 101.1 97.2 106.8 108.3 95.1 106.1 105.6 118.4 106.2 106.6 26 Other liabilities 91.7 85.2 87.4 89.9 93.3 99.1 103.7 107.0 104.7 105.5 101.0 101.7 27 TOTAL LIABILITIES 633.7 647.7 647.2 657.3 667.6 683.8 698.2 726.9 722.5 727.8 711.9 722.8 28 Residual (assets less liabilities) (7) 2.7 4.3 7.3 3.2 -3.5 -1.3 11.8 6.2 10.9 -1.0 12.8 12.9 ------------------------------------------------- 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 November 27, 1998 Account 1997 1998 1998 1998 1998 1998 1998 1998 Week ending Oct Apr May Jun Jul Aug Sep Oct Oct 28 Nov 4 Nov 11 Nov 18 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 537.8 558.1 565.7 571.2 575.9 592.9 601.8 627.8 632.5 628.6 617.7 617.0 2 Securities in bank credit 175.9 196.2 201.1 203.3 203.5 215.6 210.9 220.6 224.5 226.3 217.8 217.2 3 U.S. government securities 81.3 87.8 89.7 88.6 90.3 94.0 81.2 79.3 81.5 84.4 79.8 79.7 3a Trading account 14.3 18.5 20.8 20.0 25.1 30.7 20.2 16.0 16.3 17.8 12.9 13.3 3b Investment account 67.0 69.3 68.9 68.6 65.2 63.3 61.1 63.3 65.2 66.6 66.9 66.4 4 Other securities 94.5 108.5 111.4 114.8 113.2 121.6 129.7 141.4 142.9 141.9 138.0 137.5 4a Trading account 57.2 64.9 66.7 70.1 70.2 75.3 83.4 89.6 88.8 87.2 82.8 82.3 4b Investment account 37.3 43.6 44.7 44.6 43.0 46.3 46.3 51.7 54.1 54.6 55.1 55.2 5 Loans and leases in bank credit (2) 361.9 361.9 364.6 367.9 372.4 377.3 390.8 407.2 408.1 402.3 399.9 399.8 6 Commercial and industrial 221.2 212.1 210.1 211.8 214.7 214.8 219.0 227.1 228.9 229.3 228.0 226.8 7 Real estate 27.7 24.7 24.3 24.0 23.6 23.5 23.3 23.2 23.3 22.8 22.4 21.6 11 Security (3) 47.0 53.5 60.6 62.4 61.9 64.6 68.8 71.8 70.2 68.0 68.0 66.1 12 Other loans and leases 66.0 71.6 69.6 69.7 72.2 74.3 79.7 85.1 85.6 82.2 81.6 85.4 13 Interbank loans 20.5 22.6 21.8 23.9 22.0 22.5 31.2 29.7 28.5 28.3 30.0 36.2 14 Cash assets (4) 34.6 33.9 34.4 35.8 35.0 34.0 34.4 36.0 35.0 34.8 34.7 35.2 15 Other assets (5) 42.7 34.2 34.5 33.0 33.7 36.6 38.0 38.5 37.3 38.0 37.1 39.5 16 TOTAL ASSETS (6) 635.4 648.6 656.2 663.7 666.3 685.8 705.0 731.7 733.0 729.5 719.2 727.6 L I A B I L I T I E S 17 Deposits 267.5 292.3 298.0 304.8 295.6 305.1 316.6 319.2 316.1 310.5 312.5 315.4 18 Transaction 10.5 11.8 11.2 11.1 13.5 11.8 15.4 14.6 14.0 13.3 10.6 12.6 19 Nontransaction 257.0 280.5 286.8 293.7 282.1 293.3 301.1 304.7 302.2 297.2 301.9 302.8 22 Borrowings 155.8 166.0 163.4 167.2 170.0 170.0 184.3 194.1 196.3 192.0 191.7 196.9 23 From banks in the U.S. 33.8 26.6 22.4 29.6 26.8 24.0 32.6 36.0 38.2 33.3 30.3 38.4 24 From others 122.0 139.4 141.0 137.6 143.1 146.0 151.8 158.1 158.1 158.8 161.4 158.4 25 Net due to related foreign offices 117.7 101.0 102.1 96.4 103.3 105.0 93.5 105.0 108.8 114.5 106.3 106.3 26 Other liabilities 91.4 84.5 86.9 89.1 92.7 99.1 103.5 106.7 105.2 105.9 102.3 103.1 27 TOTAL LIABILITIES 632.4 643.8 650.4 657.6 661.5 679.1 697.9 725.0 726.4 722.9 712.9 721.7 28 Residual (assets less liabilities) (7) 3.0 4.7 5.7 6.1 4.8 6.7 7.1 6.7 6.7 6.5 6.3 5.9 MEMO 29 Reval. gains on off-bal. sheet items (8) 41.8 40.0 40.3 42.2 41.7 43.8 48.3 51.4 49.9 49.0 46.8 47.3 30 Reval. losses on off-bal. sheet items (8) 40.3 39.1 38.7 40.6 40.3 42.3 45.5 47.7 45.8 44.6 43.6 44.6 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Footnotes Page 13 November 27, 1998 Current and historical H.8 data are available on the Federal Reserve Board's web site (http://www.federalreserve.gov). For information about individual copies or subscriptions, contact Publications Services at the Federal Reserve Board (phone 202-452-3244, fax 202-728-5886). For paid electronic access to current and historical data, call STAT-USA at 1-800-782-8872 or 202-482-1986. 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.